Full text of Commercial and Financial Chronicle : October 28, 1957 : General Corporation and Investment News, Vol. 186, No. 5685

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BUSINESS ADMIN1S
LIBRARY

j\

U-S.

MONDAY

(p

195

OCT 2 9

ISSUE

Tk e

Financial Chronicle
Reg. tl. 8, Pat. Office

[Volume 186

Number

5685

New York 7, N.

General
RAILROAD

Y., Monday, October 28, 1957

'

•

PUBLIC UTILITY

-

INDUSTRIAL

-

The

■

stockholders

board

of

The

j

Harsco

tion

23

the

approved

recommendation

sell
the property and
assets of
Corp. (formerly Harrisburg Steel Corp.).
acquisition by Harsco will be made on a basis

Harsco
of

Oct.

on

directors

will

to

common

become

stock

for

effective

four

Oct.

shares

31,

of

Operations

In This Issue

this

186,

of

the

Page
New York Stock

acquisi¬

Exchange (Stocks)
New York Stock Exchange
(Bonds)

The
E.

corporation

Cleghorn

He

will

President

as

succeed

service

with

Allied's

Oct.

on

of

Donald

Allied

21

announced

National

G.

Rogers

the

Aniline

who

is

appointment

Division

retiring

of

effective

after

42

predecessor companies.
Aniline Division is one of

National

Albert
Nov.

Division

the

Plaskon
V.

n.vloif

186,

of

molding

resins

polyamide

new

marketed

by

1493.

p.

^American

fiber,

the

Barrett

Division

1957

revenues

Total expenses

46

'j

on

disposal

of

Net earnings including
disposal

Shares

of

of

SEC Index of Stock Prices

the

37

37

share of

per

Excluding

profit

Including

■jL

profit

plane

Revenue

Passenger miles

'•'Based

on

NOTE:

The

de

owned

property

$1.07
$1.23

$2.15

shares

statements

consolidated

accounts

of

included

earnings

include

Income

Taxes

Research

J.

Laboratories

This
50th

Oen«.r

Member.

Banks

was

Anniversary and

research
The
and

effort

at

one

marked

Bound

on

cue

w

the

Brook.

in

at

the

Bound

System
Condition Statement

Net

50
of

Net

Federal

approximately 52,000
wing consisting of

ference

rooms

laboratory

a

units.
be

can

Tne

and

It

added

Research

has
in

been

the

Center,

if» building techniques,
research,

formerly

a

laboratory

leet,

library,

designed

about

two

40

that

so

has

centralizes

scattered

all

several

of

second

the

latest

Bound

buildings.

The

company

nited

States

now

and

products.

olders,

and

year.—V.

It

has

eig.<.

186,

plants, mines
v...utfres.

««»..„.1

employs

recorded

40

over

over

cowu

27,000

saies

in

and

over

advances

Brook's

product
provides
for

It

This

for

resins

The

post

Mr.

1

King

of

Treasurer

has

has

been

been

Secretary
the posts of
Secretary-Treasurer.
The

Proceeds of such

tor

of

since

this corporation

W.

the

Mr.

Zonne.

death

Cooper

( Brooklyn,

N.

of

A

wrts

Ray H.

of

the

on

Cripps,

was

the founder and

Y.,

which

a

as

on

a

amount,

founder

sole owner

21
of

of

by

the

and

Board

directors

American Encaustic Tiling
Co.,

existed

the

operations

in the

field

/

Earns,

,Cash
Stk.

divids.

NOTE—A

1957,

per

per

1957.—V.

186,

2,056,218

402,200

1,166,000

1,087,500

-

-

$303,470
$0.15

Dec.

5%

dividend

16,

$890,218

$0.45

$0.15

share—

on

p.

705,670

$7,915,898
1,907,801

$0.49

-

share

4stock

payable

$8,983,246

$331,594

share

divids.

$2,897,141

765,894

taxes—

earnings
per

1957—9 Mos.—1956

434.300

before

Income taxes

Net

Inc.—Earnings Higher

1957—3 Mos.—1956

$3,202,564

Earnings

declared

1957,

1258.




$52,900,000

the

supply

to

$820,301

$1.31
"

$121

$0.45

"

$0.45

.

by the directors on July
shareowners of record Nov.

1957, to request

5^

to

are

from

the

balance

Subs.)—Earnings Decline
1957

of

1956

$35,677,560 $39,077,351
3,503,800
4,863,599

_

1,

_

1,823,000

2,522,000

$1,680,800

1,029,375

$2,341,599
1,029,375

$651,425

$1,312,224

762,500

762,500

—

in

earned

surplus

shares

outstanding
share

per

$2.20

$3.07

$1.35

$1.35

—

share

per

186, p. 521.

invested by American

be

in

bank

loans.

$1,580,000

The

Planned

com¬

of

cash

subsidiaries

are

of

height

Co., Inc.—Barred

From

Stock

Sales in New York State—
oil

corporation
the

on

Greek

dent,

were

York

State
J.

into

which

island

of

permanently

equivalent

higher than

in

order

an

and

the

investors

from

obtained

Lefkowitz,

Lerman

.

put

and
the

Oct,

on

$110,000

Martin

21

to

search

Lerman,

securities

its

business

by

Attorney

-

for

Presi¬

in

New

The

holier

output

of

of

sure

consents

to

the

General

hearing

In

1948, under
505,770 shares

in

the

of

the

granted

a

under

it

from

stock

has

time

at

management to

prior notice of
be

per

share

(and

acrcued

will

existing

wiu

the
in

building,

it

piaut

expansion

be

housed

be

and

largest
will

and

improvement

be

«*ajuin.

erected

ever

structure

a

rising

about

in

to

burn

When

this

mammoth

pounds

1,900

of

pounds
per

unit

,

per

have

per

inch,

square

pounds

will

steam

y

square

maximum

a

hour.

the

will

the

at

continvious

Designed

boiler

inch

a

feet

60

for

a

operate

pres¬

with

superheater

a

outlet

steam

temperature end reheat temperature at 1,000 degrees
B&W also will build five pulverizers for the
boiler, which

approximately 7b

tuns

01

cum

huurty.

the

giant steam generator begins operating during the winter
It will supply steam to a 172,000 kilowatt turbine generator,
the largest in western Pennsylvania.
From the standpoint of both size

and
electrical
power
generating capacity, the station will be
the
biggest plant in Duquesne's system, which serves approximately 450,000
Duquesne customers in Allegheny and Beaver Counties.

along

the

Mononganeia

River

lour

miles

above

Clairton,

Pa.,

the Elrama Station's three present units have a total
generating
capability of 324,000 kilowatts.
Opened originally
in 1952 with a
single unit of 1U2.0O0 kilowatts, the plant was enlarged by the addition
of

second

a

kilowatt
service

102,000

unit

in

kilowatt installation in

1954.

Three

Botw

1953, and a larger

kUuunxt

Boilers

120,000
currently in

are

at the station.

Construction

of
the new addition is expected to begin as soon as
engineering is completed by Stone & Webster Engi¬
Corp. of Boston, Mass., engineers and constructors for the
project.—V. 186, p. 1494.

the

preliminary

neering

divi¬

a

rule

of

the

Commission

permitting

a

to acquire up to $50,000 of its securities
stock) during any calendar year. The authority

common

and

shares

for the

$33

by this rule has been exhausted by American

1957,

purchases
tional

at

program,
thereby reducing the number out¬
Thereafter, 3,073 additional shares were purchased

holding company

(other than

year

preferred

will

20-story

a

station

generator

It

tender

a

market

open

1957.'

19,

outstanding 27,481 shares of the preferred stock.
prior order of the Commission, the company acquired

standing to 30,554.
registered

Nov.

on

has
a

under

for

of

both

Located

injunction.

American Natural Gas Co.—To
Buy Preferred Stock—

company

to

1,300.000

2,150

pressure
with

.

corporation signed

This company, ft was announced on Oct.
21, has applied to the SEC
for authorization to make additional
purchases of Its outstanding noncallable 6(0 cumulative
preferred stock, $25 par; and the Commission
has scheduled the
application for
The

the

over-all

an

steam

Pennsylvania.

of 1959-60,

Zakynthos,

barred

of

huge

on Oct. 23
that it will furnish the boiler
generating unit to be installed by the
Elrama, Pa., power station.

electric

its

at

•

will

Oil

part

as

the

program,
Western

Fahrenheit,

American-Grecian

announced

company

$30,000,000 steam

a

Duquesne Light Co.

$588,600,000 as follows; funds from
$301,900,000; sale of long-term debt securities, $274,of short-term bank loans, $12,400,000.—V. 186, p. 1625.

such

be

and

applied

to

time.

prices

for
It

as

reasonable In
other

24,
15.

(&

30—

Income..

on

increase

This
for

hearing thereon.

a

sources,

use

dends)

Income

to

internal

direc¬

Chairman,

has

company.
of Taller &
Cooper,

tne subsidiary and will
continue to direct its
industrial automation.—V.
186, p. 1625.

Period End. Sept, 30—

and

expected

combine

Inc.,
Electronics recently acquired as a
Cooper remains Chief Executive Officer

Mr.

Arcflux, stated that the new plant,
laboratories, will more than double

Babcock & Wilcox Co.—New Boiler Contract—

applied to the SEC

including $30,720,000 of retained earnings,

hand,

011

Mr.

will

Vice-President

Oct.

board

American

wholly-owned subsiddiary.
of

announced

vacancy

borrowings

,

appointment of Benjamin Cooper

Phillip

corporation

by Mr. Zonne.
the company and

Borrowings—

has

mon

Louis

the

until Nov. 7,

held

of

23

the

Electronics, Inc.—New Treasurer Appointed
announced

Oct,

on

bank

make

stocks of subsidiary
operating companies to assist them in financ¬
ing the costs of their respective construction programs for the
four-year
period *957-1960, inclusive, the total amount of which is estimated at
$672,900,000.
American expects to supply $84,300,000 of such
total

over

64,000 sharebillion dollars last

24,

announced

was

to

interested persons

300,000;

and

It

company,

authorization

This

American

Phillip W. Zonne, board Chairman.
011
Oct.
appointment of Marquis D. King as Treasurer of

1729.

p.

Azair Arizona Aircraft Co., Phoenix,
Aiz.—Files With
Securities and Exchange Commission—

borrowings over. a : 21-month period
in the aggregate amount of
$52,000,000; and the Commission has given

has

1373.

p.

two-man

manufactures

hair

a

con¬

laboratories in

arm

persons,

produces

fittings.—

The company on Oct. 7 Lied a letter 01
notification with the SEC
covering 40,000 shares of class A common stock (par
$5) to be offered
per share, without underwriting.
Tne proceeds are to be used
for working capital, etc.

ad¬

an

laboratory

activity in the fields of
dyes, textile cnemicals
chemicals, Intermediates and organic
pigments.

tbber

building
and

separate

a

incorporated

nearly

in

concrete

units;

offices

iuture.

which

'"creased

000

has

executive

wing with

of

and

paid

income

—V.

Brook

growing importance of the company's

square

ministration

strike,

at $7.50

Cyanamid's

three-story structure of steel frame, reinforced
with red brick, is
completely air conditioned. The

containing

offices

taxes

Dividends paid,

50

American Gas & Electric Co.—Bank

celebration of

new

laced

"*ing

company
Oct. 18.

events

the

plumbing

income

Number

Redemption Calls and Sinking Fund Notices 50
The Course of Bank Clearings
49
Capital Flotations for Month of November, 1956 3

in

before

Dividends

of

Reserve Banks

subsidiary, American Air¬
Chefs, Inc., a whollythe
consolidation.—V.
186,

this

dedicated

was

dedication

by

brass

production facilities.

based

Net

American Cyanamid
Co.—Research Center Dedicated
The new
N.

present

50

of

Reserve

Combined

Sky

In

Rates

Statement

Federal

3,697,053^720

outstanding during the period.

wholly-owned

not

are

of

Condition

99,239 289

3,943,455,272

1258.

p.

Foreign Exchange

$1.98

property

of

company's
S. A.
The

subsidiary,

of

107,834,491

number

above
the

Mexico,

7,801,463

of

flown

President

Net

General Corporation & Investment News—Cover
State and City Bond Offerings
59
Dividends Declared and Payable..
15

$17,077,933

7,900,399

flown

average

consolidation
lines

miles

$10,147,969

stock:

disposal
disposal

Jr.,

conditioned

Nine Months Ended
Sept.
sales

Miscellaneous Features

1,316,863

outstanding

common

on

on

Revenue

1,263,663

:

stock

Thomas,

air

Associated Spring Corp.

.

$15,761 070

tax)

22

and

Arkansas Louisiana Gas Co.—Private
Placement—The
direct placement of
$10,000,000 5%% first mortgage
bonds due 1972 was negotiated
through Eastman Dillon,*
fUnioh Securities & Co. See also V. 186, p, 1730.

37

Transactions American Stock Exchange

on

property

common

''Earnings

profit

after

Aug.

on

fixtures

47

Transactions New York Stock Exchange

$8,884,306
(net

closed

was

plumbing

„

D.

with

on

prop,

an

Detro.1

201,755,547

,

Earnings excluding profit
disposal of property

r

I.

to

R.

43

-

Profit

Howard

22.

on

a subsidiary, on Oct. 11, announced the
opening of a
15,000 square foot, straight-line production
plant in Philadelphia.
increase production of stainless steel and low
alloy steel sub¬
merged arc welding fluxes.

Fa.,

Dow-Jones Stock and Bond Averages
37
National Quotation Industrial Stock Averages 37

$217,516,617

Oct.

new

42

1955

$231,885,319
223,001,013

taxes

and

to

plant of

on

resumed

Arcflux Corp.,

.

Toronto Stock Exchange—Curb Section
Over-the-Counter Markets

—

be

Arcos, Inc., Philadelphia, Pa.—New Plant—

41

Exchange

Canadian Stock Exchange—
Toronto Stock Exchange

and

which

iron

186,

38

41

Airlines, Inc. (& Subs.)—Earnings Decline—

Nine Months Ended September 30—
Total

Caprolan,

according

(Ky.)

strike

will

188, p. 725.

41

Stock

possible,

as

Louisville

two-month

40

Montreal

goes

Allied's

38
38

Stock Exchange

at the
&

production

—

American Telephone & Telegraph Co.—Bids
Oct. 29—
The company, at Room
2315, 195 Broadway, New York,
N. Y., will, up to 11:30 a.m.
(EST) on Oct. 29, receive
bids for the purchase from it of
$250,000,000 of 26-year
debentures due Nov. 1, 1983.—V.

38

Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange

is

manufacture

Exchange

Midwest Stock Exchange
Pacific Coast Stock Exchange

the

currently engaged In expanding the
capacity of its
caprolactaiu plant in Hopewell, Va.
Caprolactain is the monomer for
Nylon 6 and is sold
by Allied to producers of synthetic fibers and
molding resins for injection molding and extrusion.
The chemical
into

Exchange

Cincinnati Stock Exchange

country's leading
producers of dyes, synthetic
organic chemicals, certified food
colors,
pharmaceuticals and synthetic
detergents.
Since 1952, the division has
enlarged facilities in Buffalo for pro¬
duction and research and has
opened new manufacturing centers ut
Moundsville, W. Va. and Hopewell and
Chesterfield, Va.
The

Stock

Stock

17

Detroit

1.

of

years

and

33

Boston

plant,

enameled

V.

29

American

937.

p.

Allied Chemical & Dye Corp.—Division
President—

and

once

Corp.

division.

The
The

resume immediately
following settlement of

company

Sanitary

Vice-President, manufacturing, of the company's plumbing and heating

Stock and Bond Quotations

to

share

one

will

Shipments will start at
orderly basis as quickly

Ainsworth
of

Ainsworth.

1957.—V.

Copy

a

MISCELLANEOUS

-

American
Radiator
&
Standard
Strike Ends—Operations Resumed—

V

'

*

INSURANCE

-

Ainsworth Manufacturing Corp.—Sale Approved—

;

$1.25

Corporation and Investment News

Aeroquip Corp.—Private Placement—The
corporation
has placed privately with the Prudential
Insurance Co.
of America an issue of
$1,000,000, 5%% notes, due 1967.
—V. 186, p. 725.
*

Price

factors.

is

are

authorization

proposed
considered

relation

Preferred

the company's intention

available. —V.

186,

p.

725.

to

to

to

by

to

Natural
make

purchase

market

stockholders

acquire

such

such

addi¬

Natural's

be

shares

as

Properties, Inc.
Brown

&

Co.,

(Texas)

—

Houston,

Stock

Texas,

Offered
on

of

43,0u0 shares of

common

Oct.
an

—

11

issue

stock at $15.25 per share.

the

quotations

will

D.

publicly offered to bona fide residents of Texas

additional

American

current

for

Baldwin

Robert

given
may

Beech Aircraft Corp.—Commercial Sales Gain—
For
on

the

Oct.

and

the

For

19„6

tions

1957

backlog
fiscal

$35,500,000

period.
of

just ended, Mrs. O. A. Beech, President, stated
company's total sales were in excess of $103,000,000,

year

the

current

the

mately

fiscal
that

8

"This

earlier

this

as

$107,000,000.

is

year,

commercial plane sales totaled approxi¬
with a total of $32,091,761 for the

compared

increase
fiscal

of

better

year,"

Mrs.

than

10%

Beech

exceeds

pointed oqf,

our

predic¬

"and

with

Financial Chronicle

The Commercial and

../Monday, October 28, 1957

.

(1838)

2

market, during our

the

commercial sales next year."
,
,
Aircraft during its 1957 fisc:a! year totaled
approximately $68,000,000 as compared with a total of $42,447,000 lor
gains in

greater

Bookkeeping write-offs for
depreciation, preproduction and deferred development totaled $2,126,-:
877, resulting in a net after these deductions of $810,148.10. The writeoffs will be available for tax purposes after the tax-free period expires -

jeet,

.

sales for Beech

Military

fiscal year.

the previous

delivered

has

The mill

and military
1950 to date," Mrs. Beech
aircraft

Operating

revenues

29,998,003

expenses--.

21,167,480

federal income taxes—

3,578,300
1,278,793

20,294,231 163,894,444
2,686,900 29,251,000

taxes—

Other operating

operating income
Net after charges——V. 186, p. 125C.

1,149,129

154,799,362
22,081,03.
10,604,443 10,034,494

3,171,238
2,G27,74G

3,973,430
3,522,889

Net

32,801,732
28,(68,113

Oct.

to determine

• v.' •

1730.

•• •

2, 1957.

Inc.;

.

deposit.—V.

186,

726*-.

p.

22

Oct.

on

185,

London.—V.

In

933. ,•'/•

p.

j

,

•

,

:

-

.

,7

•

whicii

subsidiaries

its

.

quickly

sold.

■

See

-

,•

"•
.

^

two

,f

'

*

r

in

expenditure

i

revenue

^

and

Operating expenses
Net operating

x.

taxes

Net

income

Balance
—V.

184,

The

bonds

redeemed

be

on

before

or

$1,852,825

321,415

$1,910,257

$1,531,410

1967

1,

of

the

which,

is

it

estimated,

will

1, 1957 the corporation
construction.

Aug.

cost

of

Bonds

approximately $241,364.
already paid $58,508 toward

cost

had

at

the

npv
per

end

The

construction of "
-g plants at

embraces

Campbell Chibougamau Mines Ltd., Montreal, Canada

—Expansion Program—
four-compartment

shaft

to

the

tap

1,222,263

of

tons

probable ore In the Cedar Bay property of
of the major copper producers in the new
northwestern Quebec, will be completed in

ptoven and 316,500 tons of
this company, which is one

of

region

Chibougamau

December, it was announced on Oct.
Ore reserves of the company

proven

18.

inferred

ooirnnon-iwir----7-2-i_ih7-7:7

-532,592^61730^594,814

oTVaTei"""!"7"'""1"'""""-!

the

i«
is

computed
on
number
respective periods.

have

adjusted

been

to

/

and' earnings'/for the first nhitf. tnohths" "-tfre". a-f/ appfd>timateiy^e. same level. tac-K the - corresponding/tooriod / a^year ago; George

<}, Sales

^9 SV

'

shales';

of

outst^diiVg

^

include

com¬

results

first

of

were,

ana

Americas

formed

sales

full-time

devote

to

service

Caterpillar
Overseas C.
A., which
attention to the administration of

and

Co.

m

.n

„

operations

the

in

third

Tractor

deferment

of

Sales

ended

the

in

$536,723,961

September

third

the

in

than

lower

,

September— $164,675,032

ended

months

Nine

quarter

seem.

of

1957

were

i

^

ocurred,

*
f,'t>

Profit

$50,769,659

September

months

Three

not

»

$2,577,494
$10,995,397
$38,384,883

$24,836,866

in

w

•

;

y

5.10
6.70
7.15

13.40^

or

lower

the

include

probable

reserves

of

but

Yorcan

not

do

to

the

reach

for additional

at

Cedar
rate

will

Bay

of

500

expansion later are

begin

tons

the

in

dally

in

stock

was

,

.

i.

-

Sep. 30, '57 Jun. 30,' 57

value

Market
Deduct;

of

value

per

of

ended

June

30,

1957,

sales

THE

operating

the

income,

share

the

profits

due

the

Merrill

Dana

Seibert,

(Telephone -STate
office

at

President.

2-0613);

New

York,

1

N.

Published

Drapers'

Y.,

under

the

Other Countries,
Digitized forCanada, $63.00
FRASER
NOTE; On account
http://fraser.stlouisfed.org/ of the fluctuations
Federal Reserve Bank of St. Louis
per

twice

Gardens,

year.

in

Act

duties

ordinary

week

London,
ot

rate

[every
E.

March

$67.-00 per year.
the

of

Net

realized
share

Per

—V.

185,

C.,

3,

exchange,

)

»

$135.59

$13.26

$15.59

$15.20

stk.

outstanding

832,000

832,065

832.000

..

-

-

$132.88

FIGURES

p.

OF

NET

INCOME

1957

30—

Mr.'Klein
of

be

able

to

V.

186,

p.

meet

increased production/
the Transactor demands

$229,517
$1.91

income^.
preference stock..
stock

$0.11

common

gain
of

on

1260.

Exchange Commission—

corporation

covering

at

$20

per

of

one

new

sales of investments
stock

common

:

$328,438
$0.39

and

f
remittance

share

are

gas

on

5,600

share

Oct.

3

of

shares

filed

letter

a

of

notification

with

the

stock (par $5)* to be offered
of record Sept. 26, 1957 on the basis
shares held, without underwriting. The

common

to stockholders
for

to .be

each

used

five

to

pay

wells.

its

first

full

accounts

payable

and

fiscal

year,

this

of

for drilling

•

-

company

had

a

net

income

-

of

$683,981, equal to 50 cents per share on the 1/380,104 shares of common

(Continued on

2555.

for foreign subscriptions

With

-

Coastal States Gas Producing Co.—Earnings, etc.—
In

(geneAl

Thursday

the

said,

(W. B.) Cleary Inc., Oklahoma City, Okla.—Files

SEC

page

8)

REctor.2-9570. Herbert D. Seibert,-Editor and Publisher- "
'Other offices: 135 S. La Salle Street/Chicago 3, Illinois1 "

1957 by William B. Dana Company. Reentered as second class matter February 25, 1942; at thA>
Possessions, Territories and Members Of Pan-AGierican Union, $60.00 per year: in Dominion of-

-...
and advertisements must be made in New York funds.

-

• '

* v

-

Clary will \
European market.—

anticipated

With

oil

1956
$240,564
$2.00
SO. 14
$935,886
$1.22

-

.

The

$119.44

England c/o Ejiwards & Smith, Copyright
1879." Subscriptions In IJnlled States., JL S.

-

8.

running accounting records and inventory controls.
Operated in conjunction with most types of computers/the ClaryTransactor permits a store to obtain, in a matter of hours, vital sales
information
which
formerly took days and weeks to compile.

.

William B. Dana Company. Publishers 25 Park Place, New York .7, N. Y.,
news and advertising issue) with a statistical issue on Monday].

U. 8. Patent Office)

(Reg.
a

and

Mining

Island

COMMERCIAL AND FINANCIAL CHRONICLE

William

post

of

after provision for Provincial

Oct.

on

unveiling took place at the Paris business show opening in.;
capital Oct. 10.
The
Clary
Transactor,
Mr. Klein explained,
automatically writes \
customer
sales
checks and a punched tape record. which provides *
French

the

3,300,000

;

Nine Months Ended September
Net

contemplated.

*

system

$12,645,199

shares)

(120,000

com.

of

of

3,300,000

3,300,000

share:

COMPARATIVE

of

payment

*

,

Dec. 31; '56
$15,945,199

$11,033,020 $12,970,415

stock

stock

Common

share

net

$14,333,020 $16,270,415

assets

common

stock

Preference

Shrs.

of

share

which

year

,,

unveiling of the
Clary Transactor, anfor department stores and other

the' European

cash-registering

Securities and
value

Asset

Per

The

net

liquidat. claim of pref. stk.

Per

fiscal

share from $1,923,600

tjRTfd quarter of '56.

Corp.—To Produce More Transactors—
for'

machines,

ness

-

Securities Corp.—Earnings—

Central-Illinois

of production,

the

common

per

the

retail outlets, were announced by Joseph H. Klein, Manager of
international operations for Clary Corporation, manufacturer of busi- f

secondary

(par $10)

with estimated sales value of inventory, totaled $9,049,673 in
Canadian dollars, with unsold copper valued at 25 cents per pound.

In

together

cents

share in

large

Gas Co.—Secondary Offer¬

offering of 2,000 shares of common
made on Oct. 16 by Blyth & Co!,
Inc., at $29 per share, with a dealer's concession of 70£
per share.
It was completed.—V. 186, p. 1502.

ing—A

Spring,

Autumn.

90

or

common

The

Central Illinois Electric &

include

and is
Provisions

$2,078,566
per

.automated

proceeds

production

scheduled

to

Plans

to

due

for the third quarter also approximated those
of 1956.
Sales were $35,042,223 compared with
corresponding period a year ago, wrhile earnings

the

Spatta also disclosed that Clark has
for additional long-term financing of

Clary

u ' quarter^, are

'

seasonal influences.
In addition, during- this
past quarter, the company's sales of machines to dealers were ap¬
proximately $20,000,000 less than dealers' sales to users—hence dealers'
inventories of machines are lower by this amount.—-V. 186, p. 1626.

normally

common

share for the

1956.

signed a borrowing agree¬
ment
$10,000,000 to be received
on
or before Marcli 31,
1958.
The agreement follows renegotiation of
an
existing $20,000,000 loan from Equitable Life -Assurance Society
of
the United States.
The loan calls for an effective interest rate
of
4.35£r
on
the $30,000,000 outstanding indebtedness.
The loan is
payable
in
annual
installments
starting in
1960 and continuing
through 1975. Funds will be used for wortlng capital.—V. 186, p. 1502.
Mr.

.

profit on those sales is deferred.
Had this
operating resuics would have been as loiiovs.

quarters."
per

quarter

for

cents

84

or

foreign

three

for

earnings

and

the

increased

third

1957.

of

; approximately 2$

..

8111,696,757

of

of

months

nine

$35,964,997

These companies transfer title
to goods sold to
customers at a later date than is the practice of Caterpillar
Co.
with
the
result
that
the
recording of sales
and the

quarter

nm.

figure

1956

Sales
of

Caterpillar

for

the

Earnings
for the
period were $6,400,318 or $2.78
share, compared with $6,519,268 or $2.85 per common

both

proper

the

include

?resi^^7epo?t^^^^0ct.,25. 109,040.333,
the
nu7.. V

Sales
below

results for 1957 are consolidated to
foreign operations.
In order to provide

and

parisons,
1956 data
foreign subsidiaries.

tonnage.

Initial

Fnrillff7

.

company's

domestic

Asset

in the Chibougamau area total 3,891,460

and 6,209,388 probable tons, or, altogether 10,100,848 tons. These

estimates

" Tn Tnero-^o

f*n

^ '. .$> "•/* \* '
■ / $4,50 /

..

As of—

mine

'

•8.357i/,7.0ur<ing %hd commg 'winterr—•'V*,.Vl86,. p..-212.'777" 7 r-c*'-7'
-s' -V ... - 7*»r<r77: V"-'777'//
,7 v77 7.77 ■ W->v ' *7 7':
;
' Clark - Equipment : Co.—^Earnings Olf—DebtsUp—^

sales—w—> 7,6.1Wc

t

new

$256^173

......

,

adjustment-in subsidiary1S6, p.<1259.7*
: : '
■"• *7
7''"
*'»7T 77'"*'7

Sprvl/«#> T.ac

rHias

.

.

,

77—-

common

of

share
of

,

A

$727,345
.

.

7,' ,
V0*—'"7 7
' 4 The Federal Power Commission has granted- this company 'tempo-/
two7' rar^-, authorisation to construct, opiate and replace hatural7 ga^
Saor "*< facilities in^ Kansas-at ah estimated cost,,of.approximately>/$6;452,500.
"
I
' --- - - --

'

nt 103"* :
thereafter

before Aug. 1, 1962
at 101 b; and

or

on

Aug.

the

Glasgow/-ScoRand,

at
-

Sales

may

fpr

taxes

percentage

profit
Profit

100; with accrued interest in each case.
The corporation intends to complete the cost of construction of a
educational building and remodeling of the present educational

As

the

~7ft7r~tfl*os~

Profit

new-

building,

of

percentage

Profit

C. Ziegler &

and

'7 ^394;93S

Special jSebit-:

'J--

Month

at

u.

sales—

of

front per share of

368,458

—

below.
"
"■
V
;
'7777.!
a
.''7 -V;
-7-"'7
:^
Chesapeake; Indmtrics, Inc. (& Suhs.)7-Earnihgs Up— 7
'Nine Months Ended Sppt. 30-—- "-f T&57"7 1956. *' \
Qpneatiug': e?.fiH»gisl7v^
--------------7-"--' ■' $727,345 r- ,$651,408 ...
Jacob's Chair Mining Corp.

See

Sept. 30—

per-share

Profit

Co., West Bend, Wis., on Oct.
17 publicly offered $160,000 of 5%, 5y4% and 5V2% first
mortgage serial bonds, dated Aug. 1, 1957 and due semi¬
annually from Feb. 1, 1959 to and including Aug. 1,
1972. They were priced at 100% and accrued interest.

thereafter

to

7 9 Months Ended Sept. 30—

1,039,679

Baptist Church of Muskegon, Mich.

Calvary

Offered—B.

,

-Name-^Merger-r 7

^Chesapeake & Colorado .Corp.-^-Ne'vy

assist*

temporary period to

a

requiie' $215,0607)00

to

2834.

p.

-O

.1374.

taxes__i.l^^A_

Profit, after

_______

—

—

—

p.

'

-

after

Sales

:

stock

186,

COMPARATIVE STATEMENT OF EARNINGS

percentage

Profit,

$2,892,504

$2,278,715

———

preferred

on

•

September-

Profit

1,143,328

deductions.,

dyeing Tilament/fiyldh.—V.

for

process

share of common-

Profit

$3,422,043

deductions—:

before

Interest, -etc.,

Dividends

_——

____

commercially acceptable for wool."- - ,r '
named "Chem-acril,"-is the second dealing with
chemical, 'textile-"fibers..to be developed by the .Chemresearch
team.
Just last • year
Chemstrand
introduced the
of

plants.

of

per

Sales

$2,885,959
6,545

$3,407,337
14,706

earnings

Nonoperating income
Balance

—

—

.

>

parts, sales
modernization
additions and

and

all

Month

Profit

1957
1956
$15,173,356 $12,905,102
11,766,019
10,019,143

12 Months Ended Sept. 30—

in¬

dyebath"

domestic

new

England;

-;•«

'

Operating

for

program

plant

plants, a
additions

Brazil,

ment in

' *.i

•

-

the

general office building;

Co.—Earnings Increased—

California Water Service

incurred

was

(presently -estimated

capital

domestic

Paulo,

in

details
\ /.

to-

times

Chem-nyle

,

1957-59—of

years

new

000,000 of 5V8% first mortgage bonds, which were pub-licly offered on Oct. 15 by Blyth & Co., Inc.,4 and The
First Boston Corp. and associates at 101.931% and ac¬
were

*-..7 - 7,
of Acrilan-wool

which $37,200,000 wak expended during the"
first eight months of 1957), and strengthening of working capital/ The

three

Sold—The $10,-

V. 186, p.. 1730.

/

materials

■

3 Months Ended

crued * interest,

*

dyeing

union

non-ionic

and

„

-

VV' V:

California Oregon Power Co.—Bonds

the

in

cationic

company

(

V

the dyeing of Acrilan acrylic fiber .wool' blends
commercially acceptable for wool was announced
Director of the, corpora¬

expenditures, under the capital expenditure.-program mf
r; Net- ■eamiiigs./Ji L /i,-and its subsidiaries and increased Wbf^frig :capital re-^,
,
.....
.
quirements,
Such corporate purposes also include -payments in: Con-"7
Non-recurring inventory
nectioii with the capital expenditure program of. the company and
.
77 c7/'7 ! '

scheduled for opening on Oct. 30,

7

of

•'

Dyeing Process—

pew-process,

dyeing

strand'

meeting

the

1957-59

1957.—V. 186, p. 1730/

funds and
will include

banks

to domestic

Brockton Edison Co.—Financing

bonds which had been

for

latest^ development

dyeing

debentures will be. added to the;
will be available torr-general" corporate ■
repayment of short term .^Indebtedness -

general

These

purposes.

Postponed—The com¬
pany on Oct. 23 received no bids for the purchase from
it of an issue of 30,000 shares of $100 par preferred stock
and stated it would seek permission from the SEC and
the Massachusetts Department of Public Utilities to sell
these securities on a negotiated basis. The directors also
voted to postpone temporarily an invitation for bids on
an issue of $3,000,000 first mortgage and collateral trust
!•

-

-7

1147.

p.

:

times

addition

./..The

of the

the sale

proceeds from

company's

Capitalization—

'

.

186,

pretreatments," according to Mr. Hindle. "These commercially
available
materials, in conjunction with sulfuric acid and - dyestuffs
selected from all types of "wool dyestuffs, yield union shades within

appraisal of the potential of the Hen¬
, '
*

.

of shareholders held

meeting

general

extraordinary

an

Co.—V.

&

:

company * cn

Net

-

■

authorized capital 1 of this "company
tc £200.000,000 ($560,000,000)
Was

($336,000,000)

£120.000,000

at

the

increase

to

resolution

A

-

McDonald, Evans
Co.; A. G.
& Waeckerle

are:

without

Oct. 23 filed a registration $t,fltement with " the
SEC
covering $65,000,000 of sinking fund
debentfirtts, • due. Nov. 1/
1977,
The company proposes to ofier the debentures for public sale',
through an underwriting group headed by Blyth &/ Co., Inc., Tliti"
interest rate, public 'offering- price; and /underwriting- tei'nrs-r./tre/xa be/
supplied by amendment.
;
' '4f\
// 7-. '*
-7.7

in

from

White

c.nd

Co.;

by

18

"The

volves

Caterpillar/Tractor Co.—Proposes Debenture Offering •
This

-

approved

offering

the

Walter H. Hindle, Associate
Researcii and Development Division. -

tion's
•

process

dyeing

Oct,

the

Co.,

British Petroleum Co., Ltd.—Increases

new

on

of the capacity of the company's mill have been

deferred pending more complete

Inc., of New fork. /
D. W.. Thumb, Secretary, has been elevated to First Vice-President
toy the board of directors and V. J, Sutton, Mill Manager, has been
riamed Vice-President in charge of operations.
C. E. Opdykc-is Controller and Treasurer, J. G. Cate, Jr., formerly
Nbgal
Counsel a'rd Assistant Secretary,
succeeds Mr. Timrnis as
Secretary.
-I
.
This ccmpahy is a subsidiary of The Bow'ater Paper Corp. Ud. of
London, England, oi which Sir Eric is also Chairman.—V. .185, p. 933.

.

&
'

within

'

■

of

capitalization

sale,

.

derson

-

Logan

J.

•

A

a

Plans for expansion

Corp.—New Pres. Elected—
August B. Meyer, former Vice-President, has been named President
<5f
this company to
replace Sir L'ric V. Bo water who has become
Chairman of the Board.
Mr. Meyer is also President of The' Bowatcr

..

this

to

Chemstrand Corp.—Announces New

Bowaters Southern Paper

Paper

purchases

Co.;
Wilson,
Johnson &: Higgins; Smith,
Hague &
Edwards & Sons; B. C. Christopher & Co.; Lucas, Eisen

include

Mine

effect

UNDERWRITERS—Associated in

?

Henderson

the

of

development

for

cents a share
and payments on

&

minimum four-compartment shaft to a depth" of 600 feet,'
11,000 feet of underground lateral development and 39,000 feet of dia¬
mond drilling, for an initial
expenditure of $1,500,000. pribr -to final
plant planning.
Also recommended is additional expenditure for-fur¬
ther exploration of the anomaly on which the ore body is located./

whether the common stock of Bellanca should be
.suspended for a period of not to exceed 12 months, or withdrawn, from
listing and registration on
the American Stock Exchange.—V, 186,
p.

Ltd., who passed away Feb.

Recommendations

Missouri, Alabama,
is engaged

in

after taxes in 1956 of
on regular common stock after
class A common.
;
■
- ; 7'
7, |

39

to

dividends

-

\* 1

will be:
Short-term notes payable,' $1,742,445;
debentures,
debenture notes. $187,000; 8'7
cumulative preferred stock.
$100 par, 700 shares; cumulative preferred stock, 70 cent convertible
series, $5 par, 100.000 shares; class A common, $1 par. 24,310 shares;
regular common stock, $1 par, 161,875 shares; and class B common,
$1 par, 223,410 shares.
:
<77

•'<■

sinking of

7

.

reported earnings

company

CAPITALIZATION—Giving

a

as

subsidiaries

<

$750,000;

new

bell Chibougamau

Gould, Counsel for the corporation, The
Commission has set Nov. 4, 1957, as the date
of final argument before the Commission in the administrative pro¬
ceedings pursuant to Section 19( a M 2) of the Securities Exchange Act
1934

discovery

new

-

through

*

share

Century

-

property has been named the Henderson Mine in memory
of the late A. M. Codings Henderson, Chairman of the Board of Camp¬
The

Securities and Exchange

of

the

developing

of

equal

$82,-574,

pref2rred

Vorcan.

request of Milton S.

the

desirability

the

EARNINGS—The

4

(par - $1)
7.

;

Florida, Georgia, Kansas, Kentucky and Texas;
in
making small loans to individuals,
it also
instalment scales contracts originating with dealers.

retail

•

.

_

be

-r

operations.

BUSINESS—Corporation

47,838 feet on Campbell
.>'7'' ■/"' 7.7.'

drilling,
- 7

diamond

property.

of

Because

of

feet

92,656

ol

will

proceeds

general

for

-

is
*
used primarily to provide work¬
'

common.

Colorado,

Exploration Ltd.

property of Yorcan

capital

of

shares

stock
preferred

common

each

primarily

"K" group of claims and

between the company's

an agreement has been reached with the man¬
agement-.of Yorcan for the purchase of all Yorcan assets for 506.667
shares of Campbell Chibougamau, which has 3,029,958 shares outstanding/
The agreement Svas approved Dy the Yorcan shareholders Aug. 8, 1957,"
and Campbell Chibougamau shareholders are being asked to authorize
an
increase in capital stock to complete closing of the contract with

Argument—

Case Set for Final
At

by

1957

boundary

Into**2.22

PROCEEDS—Net

ing

single operating entity,

inclusive.

1957,

31,

4,757,G5y

during

Chibougamau

Corp.—Trading Suspension Continues—
The Securities and Exchange Commission on Oct. 21 announced the
Issuance of an order pursuant to the Securities Exchange Act of 1934,
suspending trading on the American Stock Exchange in the $1 par
capital stock of this corporation for a further 10-day period, Oct. 22,
to

618,485 tons of ore, recovering 27,766,870
and 163,481 ounces of silver.
tons was added to the company's probable
the discovery of a major ore deposit lying

30,

Sept.

to

into regular
1961.
Initially

convertible

are

prior,

or

convertible

35,939 ounces of gold

copper,

the

pletion

25,420,174
21,4ol,019

Bellanca

1957

the fiscal

This consists of 2,207,393 tons
averaging 2.66copper and .08 ounces of gold per ton. In addition,
there is 1,550,266 tons of lower grade material in the walls of the ore
reserve bodies as separate deposits.
The ore was detailed by the com¬
the

212,335,082

27,301,498 236,751,619

Operating

tn

' '' '7

'
shares

The

Chibougamau district, and in

the largest in the

totaling

Ore

reserves

$

$

$

$

df

across

1937—8 Mos.—1956

1957—Month—1956

Period End. Aug. 31—

share.

ended June 30 processed

year

pounds

Pennsylvania—Earnings—

Co. of

Telephone

Bell

«

:

«

is

<.

97 cents per share.

or

1958.

in June,

ntorc than $430,000,000 worth of
aircraft assemblies during, the period
ui
reported, "and we believe we can con¬
tinue to serve the departments of defense with the cooperation called
for in the years ahead."—V. 186, p. 1494.
Aircraft

"Beech

military

$2,946,025,

was

Century Acceptance Corp.—Preferred Stock Offered—
Paul C.vKinibatf & Co. headed an underwriting group
which Oil Oct. 23 offered 100,000 snares of 70-cent CUmulative convertible preferred stock (par $u) at $10 per

portion of the ore. body is sub-

under the lease to which a

Ltd.

corp.

Ait now ready
to record even

twin-engine Bccchcraft Travel
1958 fiscal year we expect

four-place,

new

our

lor

*

:

-

Volume

186

Number

5685

.

.

The Commercial and Financial

.

Chronicle

(1839) ,3

,

m

•h.r,

ine

unnea

oraies

in

And lor the Eleven Months of {Calendar
Year 1956
Aggregate corporate financing in the domestic market
November, 1956, totaled $974,241,782, or $173,494,853
greater than the over-all volume for October, the month

-i

shares of capital stock of $100 par a
share, totaling $572,615,200,'of the American Telephone &

for

-

of

$601,557,784 or $372,683,998 smaller than the
November, 1956, total. It should be noted, however, that
pne issue alone was in the main responsible for raising
the November, 1956 volume and that was the American
Telephone & Telegraph Co. offering of common stock
in the amount of $572,615,200.
'

j.

The totai dollar volume of offerings

floated

tinental. Gas
amount of

number,

purposes.{/'!
No

• -.

'{'.

bonds

• ■»

short-term

or

notes

November, 1956.

0

%
1

Stock

issues

of

sum

j -'*■ ^ '' |

■' k

■■■» -

I

—

offered

$647,639,782,

in

•»

•

of

the

month's

Ume and the

It should

ber last,
floated a

35.15%

or

sum

be- noted

the

the

There

dollar volume

stock

f'"I''i- " iX..

*

stock

no

were

Common-stock

issues

'

Motors and accessories followed with

ifoh,

funds

v$l,348,000,
The

■p

0.14%.

or

new

<

April

■ ;

11

i-,

October

months
Total

-

;

i.

(

t

<

<

f

*

'8.497

3,409,672

12,337,000

-

„

.

'

of figures ^ince

ly'.t-./- i'V*

vv

?-

\ *\

3,1160

61

1,419,270

2

9

i

i

'

i

.

•

81,953,299

""Total L

New

MONTHS

Capitol

1456,

J955,* AND 1954

J

Refunding

.$.

$

561,254,002 ' * 384,282,362
769,644,75'?

1.092,! 117,895

t 97,731,123 1,836,531,033

1,970,544,582

505,632,274 V

11,349,880

494,144:325

T&tal
$■.

-

780,175,220

t

^

S. j

-20,276.211-

4.185,428,209

:183,047,914 4,368,476,123

"

$

-

$

T

85,316,791

•

521,025.292

70,653,000

172,833,757682,492,153

502,084.724

112,141,200

8

Oct

180,014,260

891,217,851

-96.140.649

•

684,800,651'

-

Oct

18

2,199,640,057

1,930,190,934
3,232,090,415

Nine

months——LJ

October

6,481,101,452

i_l

k.

Lj

•

■'

•

r

..

12

3

■

I

j

40,173,858

971,101,329

,

3,140,453

>

X

*

i

*'

t'' b*

-'

'f»

-r

728,176,549

'

'61,315,965

♦

2,403,242,593
J
iW

Treasnry Financing In-November, 1956
announced

on

Nov.

;

16

_

r
w

offering of 3 %
Tax Anticipation Certificates of In¬
debtedness, maturing June 24, 1957, and an offering of
3y4-% ^Trdasury Certificates of Indebtedness, maturing




f

•

y

■

'

130,686,958
-

J

I'

r

i

75,574,200

a

2

100

c

tx.

,

<

25

91-days
91-days

!
91-days
9% -12 yrs.
.

1

4,486.933,526
2,350,436,000
2,437,432,000
4,759,044,000
2,572,620,000

80,534,029
4,567,467,555
1,601.236,000
99.267
*2.899

1,600,172,000
1,600,768,000
1,601,284,000

2,802,560,000
414,348,184

*2.627

99.235+ *3.024

1,600,389,000
414,348,184

1,216,-000

99.238+ *3.013
99.336

1,216,000

99.265

*2.907

a

a

100

2

100

12 yrs. •
1

2 yrs.

c

■Nov

Nov

•

1
3

6

8,419,413,184

91*days'

2,674,659,000

Nov 23

-•

'

Nov29

1,601,665,000

99.270

*2.889

2,504,062,000

1,600,670,000

99.263

*2.914

2,492,954,000

1,600,542,000

99.247

*2.979

91-days

Nov 16

•

91-days;

91j-days.

Nov 15

8

4,637,181.000

1,750,200,000

99.339

*2.617

90-days(

2,405,100,000
2,505,590,000

1,599,800,00O

99.239

*3.043

l',600,G95,U00

99.198"

*3.174

389,350,480

389,350,480

a

a

640,000

640,000

100

2

100

c

91-days
9%-12 yrs.

1

12 yrs.

2 yrs.

...

:

1

->

1

;

10,142,962,480

;

;

•

.i_109,971,966,601

*Average .rate on
a
bank
discount
basis.,
a Comprised
separate serieq, all of which were changed as follows:

of

thre»

E—Beginning May 1, 1952. Over-all interest rate raised from
2.9% to |3%tfc6mpourtded stertii-atfnually when held
to-maturity. Higher
; rate .achieved
by, shortening the maturity of the Series E Bond from
; 10 yeahs! to 9 years, 8 mohths. Interest .starts accruing at the end of
six months instead of one
year. Also the yield is higher in each inter¬
Individual

year.

limit

on

apnual .purchases has

$10,000 to $20,000 maturity value.
H

<NEW)—New

current

been

|

..

income

doubled
-

bond,

Series

H, available
interest, compounded semi-annually,

beginning June 1, 1952, bearing 3%
when held to maturity.
Issued at par, Series H will mature in 9 years
and 8 months, with interest
paid by check semi-annually. Redeemable
at par any time after 6 months from issue
date, on one month's
Series H has individual limit on annual
purchase of $20,000.

as

to

notice.

SERIES J'AND K—These replaced Series F and G
Bonds, respectively,
Of May 1, 1952. Series J and K
yield a return of 2.76% when held
maturity, instead of the former rate of 2.53%
for F Bonds and

2.50%

for

G

Bonds.

Intermediated

higher than' those of F and
For

June

previous
30,

G.

yields

Annual

of

Series. J

1952

data

on

Savings

"Chronicle."

and

K

will

purchase limit of Series

is increased to $200,000.

J

be

and

:

Bonds,

see

footnote

on

page

2637,

;

J

.cS&ie of Treasury notes of Series A was.terminated on
May 14, 1953.
Sales of Treasury notes of Series B began on
May 15, 1953. Notes ar«
sold at par and accrued interest to the 15th of the
month and if held

401,577.054

^284,937,645

896,168,712

1,669,340,438

756,029,603

2,425,370,041

>

:

789.492;514
2,533,929,549

L.

"■

r

)£~Ji

rr

.

x

'

i

,i

i-.irh1

■

i*

4,901,430,853.1,250,790,912 6,152,221,765

803.155.608'

179,006.275"

982,101,883

235.924.122

2ff6.fi84.600

502

658,303,098'

l,69t7,382,8281

interest to

accrued

6 598.813,681 2,064.567,329

8,663,381,010

in .exchange for the $9,083,000,000 of 2%%
Certificates of Indebtedness maturing Dec: 1, 1956. Both
new issues were dated Dec.
f, 1956. Cash subscriptions

liqt received.
new

3^4%

15th

of

the

month

and

if

t

Sale of Treasury

are

held

sold at par and
to maturity or

'

J

'

(Continued

June Tax Anticipation Certificates of

on

page

6)

In the comprehensive tables

lowing-

The

the

two years, interest'approximates $2.20 per month for each $1,000 nota.
The sale of Series C Treasury Savings notes was suspended on Oct. 23.
1953. Fbr previous data on
Treasury notes, see footnote on page 1470,
Oct. 19, 1953, "Chronicle/' t •
•
1
•
„•
•*
'

608.722

'Oct. 1, 1957,

•

maturitymr two years interest approximates 2.47%

note/ of Series "C" began on Oct. 1, 1953; the notes

813,776,417 2.511,159.245

;

'

'were

to

368,085,542 1,026,388,640

601'557,784

7,9^)4,142,417 1.370.634.213 9,274;776,63(>

"

Treasury Department

a

1,295,000 100

.

" 395,517,758 1,127,624,275

' 611,231,067 '

17,136,900 1,142,879,251'

: 52,234,091

Ti

'

"

549,323,693 ;

•

monthswj-^a^i

The

.

1,125,742,351

974,241,785
i

J

5,500,899,824 1,239,947,257 6,740,847,081

800,746,920
:

599;755,043

1,678,995,327 t 576,569,963 2,255,;565,290

y,., y.

quarter—

,

566,346.199 ? 133,408,844 '

; 276,261.999 6,757,363,451

December

Fourth

355,158.808

.

93,214,085 2,388,887,328

760,573,071

November

25

■

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

; 879,876,233

>

Oct

-It

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

663,377,294 ,4,485;281,791

{ 4^301,750
J—

18

K combined

732,106,517

,

99.245+ *2.985

6,758,496,808

Total for eleven monthsi

987,358,500

91,928,100

»

; 348,280,142

326,002,854

"

*2.770

99.265+ *2.908

-

1,295,000

r

Total for November

716.902,559

644,'579,063

•

•

-

91-days
91-days

17

10

Nov 1-30 Nov 1

614,225,924

536,888,359

832,347,253

154,141,400

•

4

Nov 1-30 Nov

1,408,364,741

389,019,7i9 1,011,231,184

i

355,158,808
•*'.

September

Oct

Nov 21

591,678,292

.106,465,260

622:211,465

-

for

SERIES

1,301,899,481

490,437,663

1

r

>

Nov 1-30 Nov

329,99'?,217

988,836,050

I

c

11,658,883,061

99.300

Nov 15

486,689,232

520,174,145

i

2

100

23/4

99.308+ *2.736

from

15,372,729"

18,912,335

'

a

100

1,600,551,000

1

11

_

20,43^,521

25,000,000

2,295,673,243

a

172,000

172,000

99.284+ *2.832

1,600,483,000
1,600,494,000
1,600,515.000

mediate

$

,

314,624,478

495,174,145

quarter—

100

2,348,419,000
2,409,840,000

Nov

P

460,249,711

428,921,547

September830,574,483
Third

*2,818

1.601, 425,000
3,220, 017.000
436, 383.061

2.486,944,000

Nov

Total

315-097,152 2,285,.641,734

83,518,2'5

3,821,904,497

1

99.280

2,385,426,000

.Nov

—

Refunding

i

748,829,028 ^

.

months-^--.-—

969,924,615

*2.399

1.600, 090,000

Total for October-

4,866,782,475

136,541,342 1,228,'65'9,237!
,

509,'658,396

'

53,690,700 1,147,726,774

44,639,185 '

592,872;491-

t"

*2.378

99.342 + *2.603

2yrs.

"

New Capital'

133,916,625., 628,060,950

1,851.359;915

^

99.399
99.394

9F-days
20
Sep 27
91-days
1-30 Sep 1 9%-12 yrs.
1-30 Sep'
12 yrs.
1-30 Sep 1
;
2 yrs.

Oct

7

v

604,043,096

1

..

17600, 470,000
1,600, 242,000
1,600, 084,000

299,314,920

the different-monthly amounts of
* \j\ X" •*" *'
r J.
•:

r r

2,531,945,090

July

.

Oct 1-31 Oct

January,' 1954,"'showing

1.

'

August

c

23/4

91-days

*

Six

2

100

2,448,210,000
2,372,792,000
2,421,509,000
2,292,340,000
2,489,827,000

Sep.20

Oct 1-31 Oct

.

20,212,540

583,766,885

•

6

13

Oct 1-31 Oct

No financing on the part of United States
Possessions,
the Dominion, pf Canada, its provinces, or
municipalities,
came to. light
during; November, 1956.
}
:» •

2,446,628,299

-

100

August

4

_

28,225:930

-

a

552,000

346,395,032

-»1954-

^Refunding

1768,825,340

a

'91-days

6 s

Oct

j

SUMMARY OF CORPORATE FINANCING BY

Capital

2%

484 ,297,953

12 yrs.

Oct

Utility District, Number 1, Wash¬
ington; $19,960,000 issue of Houston, Texas, and the
$12,492,000 placement by the City of Newark, New
Jersey.;-.":
•;
1
v-'
•
f

etc.,

*2.303

100

4

91-days
91-days
91-days
•92-day3
,91-days i

1

Oct

220,299,804

8,975,400

4.784,829.176,
1

*

.

*2.237

99.418
100

527 735,000

7 mos.
Aug 15
10,611,415,000
Aug 1 9% 12 yrs.
436,383,061

13

*2.409
*2.387

99.435

18,943,3*70,953

2 i
Aug
9
Aug 16 !
Aug 23
Aug 30 1

Sep

99.391
99.397

SERIES

tabulation
••

i

%

552,000

Total

Chelan County Public

;

^y»;.

!

Ylelil

527,735,000
484.297,953

July

Sep

28

Sep 27

.Governmental offerings of size floated
during Novem¬
ber, 1956, included the $23,100,000 issue of bonds of the

quarter-uj-i!--

Second

Aug
Sep
Sep
Sep
Sep
Sep
Sep

Oct

____L__r____

Price

.,

''
•
p
$
; •
!„ 54,048,840,115

$

91-days
2,410,016,000
1.600, 119,000
91-days
2,687,885,000
1.601, 125,000
91-days
2,472,056,000
1,600, 593,000
91-days
2,342,619,000
1,600, 2i9,000
l2'/2 tnos. 11,528,730,000 il,528
730,000

Aug

for

Total

612/r ",590

.

1956

of

337,419,632

-—

November

!

,1,094,036,074

June

Total

1,819,324

.a-J.¬

for

Aug 1-31 Aug

the

297,895,650

i

5

Aug 1-31 Aug

com¬

I

1,738,799,910

—-

-

207,962,804

i,

Next; in

'

.

__L.—i_.

May—

,-7

stood at

379,376,346
478,156,055
725,877,009
365,528,169

362.

749.432,217

-■

Total

July 26
Aug
2 ■
Aug
9
Aug 16 <
Aug 23 1
Aug J 3
Aug 1-31

-

396,821,760

365,994,632

addi¬

an

Amount

"
»

Oct

August

533,028,072

j——

.

-v

19.36

26/3

636,448,990

•

September

49,292,653

«._

'" First quarter----—

i

'

Refunding

382,681.475

made

Accepted'

.

-

$402,622,040

+

.June

456^39,621

—__—

ir
.

-

'

February
March

25.50 "

4

17,955,204
14,140,285
13,381,.714
1,224,380

JLJ

.-i.—--

,

L„LJ;

,

24.84

„

a

$

?

,

$4,175,290

.____

8

FINANCING DURING

Amount

/

—1956-

-i- January

21.30

476 931,675

.

May.

noteworthy offerings, that is as to size,
during- November, 1956, included the 5,726,152

New

27.93

618,493,786

U~.

April

July

July 19

724,057,685

March

through

dated Nov. 6 and raised

Applied for

,

months

July 12

$398,446,750

_.

six

5

;

February

order

6.02%;

or

%

a

'

November, 1956,

New

January

Total

trusts, trading, holding;

\ corporate financing:
fy"
'.
] ;f:
"I/

r.

14.92

financing for the first

Nov.

on

TREASURY

.

Due

July 26
July 16
July 16
VIV2 mos.
July 1-31 July 1 9%-12 yrs.
July 1-31 July
12 yrs.
July 1-31 July 1
•
2 yrs.

35.77

<■

while

,

July 19
July 12
July 12

31.85

.

October, 1956, which

purposes,

19

capital from this offering.

1

for

Jun-28

<-

"

capital

Total municipal
1956 is set below:

;

>

...Below we present

for

opened ,Nov.

above

STATES

...

Dated

July 12

"

7

more

( placed

f^

investment

.

'145,365,000

'

•

.

.

July

~

58.67

remainder,
$1,419,270, represented refunding obligations.:

$teel,

and

Total

-Breaking down the total municipal financing figure
November, 1956, we find that $297,895,650 constituted

.

0.15%

—

new

the

r

11

for

coal, copper, etc.; $45,339,800, or
rhilrOads, $38,985,000 or 4.00%; miscellaneous,
L$38,936,721) or 3.99%; oil, $19,750,000, or 2.03%; land,
buildings,; etc.; $6,413,590, or 0.66%'; rubber, $1,500,000,
or

27

' ;

170,363,063'
2n,fi07,°70

37

sC^-±--SL^Lj.

were

Treasury Bills

'

with the; very substantial total for the like month
of 1955, which aggregated
$646,768,309, or $347,453,389
greater dhan the current month's total.

manufacturing, $54,426,151, or

other industrial and

'

j

the latter month

j total volume-of $58,615,000,
5.59%;
■4.65%;

"

34
35

:

of

of

UNITED

lKP+ateJ.
Oflered

37.98

320,535,000
128,664,000
245,581,250
132,620,000

payable

attached.

were

the Treasury
Department in
November confined its
operations to the weekly sale of
Treasury Bills, Savings Bonds and
Depositary Bonds. '

pares

five-year table on another page of this issue,
we again note that public
utility issues as has been thfe
case so frequently
irt the past, again leads the list by
totaling $708,927,520, or 72.77% of 'the month's aggregate

came

i__

~

-

The over-all dollar volume for

our

volume.

39

,*•
u

$615,942,350.

review of the various categories
given each month

dollar

39

:

from the'total volume for

numbered 49,
or 17.91%, while preferred
Stock offerings comprising 15 issues, totaled $138,018,000,
.or 17.24%( of the over-all dollar
volume for that month. r

.

!

36

•

Outside

}

Municipal financing in November, 1956, totaled
$299,*-.
314;920^ registering a sharp reduction of
$316,627,430:

^nd the Volume $143,447,129,

in

_i__

Octo'.^r

,

a

$1,750,200,000

that

% of Total

*279,084,500

November

Comparing the results for November, 1956, with those
for October of the preceding
month, it is noted that

In

:

245,144,338

29

on

Cer¬

,

Total Amount

35

payable

3*4"% October

two ' interest coupons

1957,

Treasury Department

tional offering of

in

first

213,179,000

September

offerings placed during the month. ;
? ;
,
j
{. For the month November, 1955; common stock issues
.j added up to 77 and accounted for $179,152,096, or 29.78%
j and preferred stock offerings reached $85,642,888, or
14.24% and comprised 27 issues..
.

1

of Issues

1

$296,649,571!

August^

r

,.

-

27

of

the1

in

7 .1

■

34

July

in

in

%

.

31

June

bined

stock, issues

: " NO.

May

November, 1956, totaled 40
aggregated $605,357,918, or 62.14%, while preferred
stock placements comprised only 10
offerings and added
up to $42,281,864, or 4.34% of the grand total of the com<-

common

::

privately

,

Marth

and
•i

"

placed

follow:

Api-il

offerings placed during Novem¬

ber last, for refunding purposes.

issues

1956

consider-•

14.92%

- or

February- _L

grand

'>

totaled

January ;

Novem¬

of

,

for November;
1956,! with that for
the latter period shows that a total

year ago;

Corporate

Telephone & Telegraph Co.
stock offering in the sum of
$572,615,-

common

'ably.;,;''. rv_

7

•

American

£00 which increased the

a

months, of

of

that during the month

$145,365,000,

The

'

•

1956

coupon

new

Nov. 21 for this
exchange offering. The results of this
offering Will'be included in Our December
tabulation.

Of 42 offerings ,in the amount of
$193,406,200; or 32.15% ~
of that month's
grand volume were placed
privately.
'<

October's; gross dollar; vol*$264,794,984 for November, 1955.

of

"

of

of the

Indebtedness,
1,

interest

one
case

The subscription books
-

were

Comparing the total

The above figure compares with the lesser total of

total.

$281,465,129,

4

*

aggregating

issues

November

during

reached

of

April 1 and Oct.

During October, the month before,
placed privately and they amounted to
$211,602,300,. or 26.43% of that month's total volume.
37

-

1956,

tificates

month's grand total.

J'

•

carries

June 24, 1957.; In the

Corp., due Nov. 1; 1977, in the

offerings in November

-

November,
66.48%

or

;

offered

were

Pipe Line

$20,000,000.

Private

during

Long-term bond and note financing during November;1956, aggregated $326,602,000, or 33.52%. Of this amount
$323,461,547, or 33.20% represented new capital funds
and $3,140,453,
Or 0.32%, was'marked for refunding

1/

Indebtedness,

Co.;'

Co.,

Co.; the Northspan Uranium Mines, Ltd.,
5%% general mortgage bonds, series
A, due July 1, 1963
(with common share purchase warrants); in the sum
of $45,000,000 and the 4%
debentures of the Transcon¬

.

•

Motor

Electric & Gas

November, 1956,; for new capital purposes amounted to
$971,101,329,; or 99.68%, as against only $3,140,453, of
6.32% for refunding;• \
'
:
;

'

$58,615,000' Ford

4% promissory notes,
due' NoV. 1,J
1976; $50,000,000 4%%' first .and refunding
mortgage bonds, due Nov. 1, 1986 of the Public Service

preceding, which stood at $800,746,929. For the month of
November, 1955, total corporate offerings reached the
sum

Telegraph

the

pages

we

compare

on

the fol¬

the November

and the eleven months' figures with those
for the corresponding periods in the four

yeafs
year

preceding
comparison.

thus

affording

a

five-

g

CO
tU

Total

$

720, 0

506,2 0 16^950 -40,196387

Total

Refundi g 9,0 ,0 1,083,0
$

-1952

Refundi g 89,6502
$

-1952

3,023,0 4 9, 90 29,40 182 2,352,375

575,0 0 50 ,0 0
27,1850 90.5,0 54,0 0 294,8560 24,0 0 14,6950 506,2 0

$

5.60 , 0 17,031840 57,86 387 27,1850 93,078 0 54, 9 0
9.0 ,0 1,083,0

5.018.20 89,6502

74,590

57 ,0 50 ,0

74,590

576* 76 31,726840

564,13287

foISSoo

324,65.182 26,752.375

89,650.2

/-I

Capit l

New

Total

Capital

720, 0

416, 580 16^950 40,196387

$

Ne

Total

36,52497 17,50 37,261 5 71,647 95 3.0 ,0

S
t

18, 50 8,9720 54,0 0 20,37 0 24,0 57 .0

$

50 ,0

3,02 0 4 9, 90 29,40 132 2,35 7,5

9,67,80
50,0 0

9.630, 0 172,6.50 8,0 ,0 56,3250 2,48 ,9 7 12,50 0 20, 0 58,40

S

8946,31 IiiH7~od.o'31027,"46^56(8409.,3 75PCiDmraoutnvimcpsnldtefs., 41362,8914052,58905,27
i:f-rJ.
1,65891,4253980323670 OMTFSUITHNSCAONONHERRPEEDAFW
MTFOIHNFLAAUGOCEFRVOREPGRDNEMLIGNT, 971,032—LZ17,029856 GFotvefhradrnmgobSmaunt.icolplyeedsyin
v.,

317,0

Refundi g 28,45694
S

1953

Capitl

308,195 3 17,50 36.9415 71,64795 3.0 ,0

S

New

Total

193.540

250. 0

401,95240 39,5 .0 48,1935

$

$

Capitl 14.9,240 32,90750 48,1053
New

Total

'

$

—- 687,206 Bnaternaioknl

Capitl

601,5784 25,0 0 37,80 64.78,309 7,50.0

12,468307

Total

235,9412

30 ,0 0

34,76280 2,50,0 85,642.83 178,52.096

Refundi g 24,31 0 27,0460 84 ,491

HIHI

443

Capitl

New

•'

$

25,0 . 0 235,0 642,519740 7,50,0

549,326

281,60 "468,~12 605,37918" 45,0 :

OCORPFATE,

106,9 0 1,49270

3,140, 53

Relundi g 3,140 53
$

-1956

New

New

'

SUM ARY

12,630 1,50 0 69,750

7, 52,0 13,0 0 37,19 80

$

754,,942o5T06
•;
1,459723 GARONUPIND

9 ,280
30 ,0 90 ,0 0
18,67509 7,56,30 24,69 815 13, 460 ~90~ l6 13,098.5 2,065987 10,4 82 5.018 0 1 ,86.095 34,5630 210,75239 21,40 36 8,049280 13,854,301 45,91 87

$

Capit l

New

Total

-1956

*

$

Refundi g

250, 0

250, 0

$

991

143,94,7622800

50,0 0

2,37460

264,798

5,298,491 27,9301

12,75 0
7 52,0

8973~4§23 7,361,983 57,834 20 5,43976 1,0 ,0 49,25091 26,51 0

2,0 ,0 2,0 ,0

3 9,80
18 ,590
608,92750 21,74951 8.250

1.098,0 7,086721

15.34,20 5,43976 13,6 0 J.*—'A
28,1460

207.69,523 4,59783 127, 9820 5.43,976 13,6 0

236,8719

647,3982 38,950 708,9250 45,3980 58,61570 54,2615 19,750 af.sqo 1,50 0
6

■—1.I-m.4276854,0323761,,984

m■«>iM-«.»»iwl23565,0921,,45317408941
1»■*■+•

ilWl 323,693
j.

690,463

2,50

3,140, 53
18 ,590
3 9,80
608,92750 21,74915 8,250

Capit l 38,950 10, 0 45,0 0 587615,0 30,4270 1,50 0 6,250 1,50 0 "2567 6 30,95 47 32,46157
New

1,098,0 7,086,721

974,218

3,146 53

'.>ni .

$

CHAR TE

7. 52,0 20,4 .523 4,59783

89,42 53 7,361,983 80,49 20 5,43,976 1,0 ,0 49,25091 31,809 1

2,0 ,0 2.0 ,0

310,458

890,453

ImTs.o

13,806

30 ,0 0
14,26095 7,56,30 24,579215 13, 4360 9 ,280 ~9o" !6 5 13.098,5 19,0 987 93,67482 5.01,0 4,7 8^5 34,5630 79,51739 21,40 36 8.049280

38,950 10, 0 45,0 0 58.6170 32.67 0 1,50 6,250 1,50 0 250,0 31,850 326,0
2,50, 0

2.165,0 6,729,60 50, 0 67,089 0

-

7,52,0 18,2950 37,19 80 69,~385lo6 12,630 1,50 0 63,709

$

1 5,60

4, 916

6,0 6,0 24,31 0

Refundi g 12,7056

-195

r v-v■• .

1,2-8679

Capit l 278,46157 42^81 64: '05,37918 45,0- 0
••

$

250. 0

16,250

13,065

5.01 0 30.51,0 27,0 0 54,72.54 8.09 0 7,950 30 ,0 ~75~ l716 7,60,0

$

■

974,218 17, 0 106,9 0 29,31420

.'I

*Tot' al

30 ,0

310,458 2,0 0 58,628 178,0365

$

142,80 4,28,569

52,34091

$

-195

Refundi g 50, 0 62,40

ir5~3 9~ 4 iI,~7"bo~6

41.034 50 275,0 17,60 95 2,13.401 250, 0 26.40 0 893,10 108,5964 9,630 208,79650 8,275,0 6,215.69 24,61.398 1,260 5 31,70 7,043.10

"

-1954

ro34",6 6

4,~5o6~o6

17,0 17,50

250, 0

5,01 0 93,1 0 27,0 0 185,0724 8,09 0 7,950 30 ,0 75 /716 23,850

$

317,0

317,0

50,0 0

57 -,0 50 ,0
249,»716.82 26,75.3 I-576* 16 26,708640

41,034.50 275,0 0 17,92465 2.13 401 230. 0 26.40 0 893,10 108,9 64 9,630, 0 213,96.50 8,275,0 74.29Q5 24.61,398 12,80. 0 46,0 0 7,04310

17,0 0 17,50.

7^ 17,0 1,"539^4 14,70 0

9.630, 167, 250 8.0 ,0 48,60. 0 2,48 .9 7 10.96 05 5,30 0 58,40

$

I I I 579604 7,50 , 0

-.

Total

4

New

YFENIOAVRMSB
YFENOIAVRMBS
193,540

250. 0

S

$

Capit l

2S4,37502532,6698,417840 III"8^60, I_8,4709O697H087680,,62410435,9192830:750, 816,,00351367848,9742690t§DhSoeRvfcaeculoeropnismftrunsdi.r

12,468307

83,60
Refundig 259, .0 6,4 0

-1954

Refundi g ."506,

-1953

5.60 0 17,03 840 57,86 37 18, 50 91, 50 54, 9 0

6*7,3982 38,950 -■<08,92750 45,3980 5876150 52,176 51 19,750. =6.14"9103 1,50,0 J,348,0 38,04628 WLv•..,i 491,0.329
»,

•

-

NOVEMBR *bonanotdedss stock stock boannontdesds-. ;stock stock foreigbonanodte-dss stock stock-- '•corp—ate BtfInaernaioklGovernm forgeoveirgnm.ntGaavncieds,&•Municpta—l—.Ste,s,PSostaeiens to—al fuIfdnincglduoorseets NOVEMBR NBootaensn-dds utiles eccostopt—eal,l,,manufctres ories imnaadnuufnscttrdrilg beuildtcngs, htotrInralvduesitnsmgn,,Miscelanous NBootaens-ds eccostpoteall,,,manufctres ories inmaadnuufcnstrtirgd—l beuiltdcngs, htItnorrvaleudstismngn,,Miscelanous ecscottpoeall,,,manufctres ories inmdaanuusnftcrtdrilg beuiltdcngs, htrItonarvluedsitsmngn,,Miscelan-ous :utiles eccsooptteall,,, manufctres ories inmadnaufuctsnritgr—dl Tmieldtncgs, htoIrtnalrvdueisnstmg,n, Mi;scelanous secocurpr-itate
OFOM NTH Long-term Short-em Prefred Long-term Short-em Prefred Com on Long-term Short-em Pref red Com on
Corpate— Domestic- Com on Candi -




=

Other

Total

Candian Loan
%

Other Farm

Grand

United

•These

OFOM NTH

Long-Term Public Iron, Equipment Maontodrs

;—- etc. utilesIH etc. utilesI etc. - etc.<

Other Land, Rub er

Total

Short-Tem Public Equipment Maotnords
Iron,

Total

Other Land,

Ship ing

Stocks-

Equipment and

Public Iron, Motors Other Land,

Total

otal—

T

Equipment and

Public Iron, Motors Other Land,

Total

ft

o*

2

c

3

o\

ft"

Ci

Gl

ft

o
ft

OS

CO

cc

Q

ft.

ft"

rt>

tt>

ft

O

ft

ft

2
fT
cn

Total

6,04538,21 38,473,50 478,2584 1,0768,45 128,50 3785~ao6 25,08 0

$

Refundi g 712,4 08 4,80 , 0 17,0 108 6,093, 40

>1952.

7,8230,87 10, 0 92,850. 0120, 36501,83420,3 891,5 6893,926,0

3,025,0

$
*

Total

743, 645 1,6870 1,38097 32,8 56

$

2,56 ,0

46,2190 2,6 312,950 574,2 50 16,0910 1,86^90571 475,0 51 20,7 0 132,50 0 357ob76o 32,94 0

Refundi g 21,390 68,709 0 85,420, 0 253,06 13 8,745,925 2,340, 0 20, 0 62,91 50

-1952-

9,63 , 50 695,0 0

25,80

4,80 , 0

-.

573,0 0
7 ,81298 28,97145 435,261845 20,158397 3,194,873 3^92L7io 134,8910 46.2190 3,042759,48603,21645 16,0910 2,3l5780a345 67,5890 2,6430 135,694873 68792L750 483.1 01
38,473 50
'

1,648930

10,98470 963,40 8,91,850 3,720, 0

4,80 , 0

.

1,635,4 8 26,1954 8 21 , 390 79,6 3,740 86,3 40

,

Capital 5,3 097,23 3,67350 461,8736 1,0587,12 128,50 3^850! 0 2,05 0
New

Total

67,,04833945,917

$

4.862,90417 218,3570 418,0246 1,0528,15 29,60 0 62,5~182

uding 150.7,59 201,250 7,92,430 3,160,483

.1953- Rex.

Capit l 254,980 2,19360,95 48,540 16,0910 1,6 840,17 46,95 86 /oO. O 12,50 3576oc 260, 05

2,56 ,0

70, 0 163,750 4,7013, 8 41,850
1,40T270

Total:.

37,40
50,0 0
13,96 0 1,450, 0 50 ,0 0 20,35 0 218,3570 902,86198 43,26758 165.03,270 108,59.43 1,324,713 21,5486 90,178546 243.52,0 2.84,76 8 251,79158 28,059375 542,15.836 30,74,53027,60 0 27904^86
l,0457~2a40 1.307,9 46

~

$

■

tp•ial 4.712,8 3 218,570 410,32174 1,049263 29,60 0 62,~5L821
S

.New

$

243,520 1,96745,120 208,350 28,059375 68175 20 43,x739 29.372,85 27,60 0 57.07 0 1,0541,0

201,250 201,250

$

1,58673

1,5327840

1,854, 19 1,52913 31.0 ,0 3 ,4 6905 630, 0 52,435 79 2,07 ,025 1,539, 4 1,20 , 0 197l5~L30 19.58,09

1,04 . 64 721,025

7,536,905

:■

37,40
50,0 0
13,96.0 1,450, 0 50 ,0 0

Capit l 21,4520 1.94ZiUaj,120 207,650 28,059375 835712 85 431,968.37 27,83281 20,4 0 38?~48.70 97,539180
$

New

98,0 0 94,82 0 1,657.8~06 ,018.5 76 37,05 0

1,69481,7

r

Refundi g 31,0 0 25,910 630, 0 51,39501 l,34j0 1,539,4 1,20 0 19751,30 17,90230

-1953

'

6,48215

25,80 3,673 50 76,89 58 28,03.745 426,39 5 196,438 97 573,0 0 3,194,873 3^921/750 13,25 43 254,980 2,96305, 8 516,87 245 16,0910 2,047Q3,62 64,092 83 18,30 0 15,094873 687921,50 418,5 93

-

70, 0 295,34 0 4,6597823 41,850
145,70

7,6392,70

17,

New

16,43172 18,0 760 l,104"75i 0 83,16295

<

4,83 , 50 695,0 0

26,756983 12,46592 2,340, 0 20, 0 64,57,408

10, 0 81, 20 120.J3650 493, 043 3,56927,1 3,9260

12,80~6o 1,285706, 124,36291

20,14875

218,5 70 895,32063 43,26758 163,92.805 107,8 .41 1,324,713 21,54.86 8,32407 21,4520 2.851,3978 250,94158 28,059375 95784,91 540,3581 29,07594 26,40. 0 2597s3,546 1,28.0 957

3870

761,4,73820.938495062
21,3716930421,1554,3860459757289460 NCISOTUSFRTEFEMN3PNLHOAHIWDEAV0RRDS. 41.,57.5684149,1,28287239002057639
FGOFLOAMRFVUITEEENMRAILNNOGHCMNDDPVRTG,S
i•*,.Captl$-5,493B 41,7906 298,3650 12 3,1890 83,281,7951,3807925745626-06 bSfFtratGmIeaounfhnBRvtiDgdceyepocrvadlsmlessyipumlkd.nt.
Total

5 0, 0 193.540
105,734 ,753 8,450. 736,45 31 857,49 1 82,60. 103,74807

$

Total

$

675,0 0 IO .80O 813,50 843,750 40 ,0 0 397,045 516,50 141.042 30 .0 150. 0 75 .716 0 7.40

425.

88,

509.

2,714. 24,

836, 426,

85, 11.

50

750, 0 1,350, 0

647,

12,4935760^SDtCiPohearmcunvusfcdplte,. FYEIAVRS 5,476129038
NFY3EOIVA0R.S
685,0 0

Retundi g 1,539 7 7,50 140,6 976 8,038,432
$

-195

!

5 0, 0 193,540
134,1980 ,74 0,7 0 596,84375 849,5748 81,9750 103,74807

Capit l

5,90 27,150 10,7950 572,68149 1,78 2 35 34,50 80.7 ,982

$
*
■

-1935

$

New

•

1,32 50.19

580,32 0 2,41.593,0 359,0680 54,9 50 62,50 g 1,37986,40 205,60 12,48750 92,50 0T.795,0 12.0 0 1.0738 ,40

Refundi g 408,694.0 218,6 0 6,4 6,0 38,76.407 10,82 5 9,70,0

5.79,016543 2,894.50 576, 570 1.803,4 5 298,36.50 1.320750 29,5672
-Total

209,1250 42,70, 3,1509 , 0 4,36782.45 73,42,0

3,189,0 1,50 , 0

•
•

Capit l 17,620 2,0345,0 352,6108 54.9 ,50 62,50 6 749.217,93 103,78.15 1 ,48750 92,50 0 1,795,0 12.0 0 1,0253619

Total

$

New

CORPATE.

SOUM FARY

•ReiundtWf 29,68146 6,~52\90 13,7234

18,02 0 2,49370, 81,95329

209,1250 24,720 657,20 4,78 29,176 73,42 0

18,59,50 375,0 0 2,175,0 2O67 O 79,45(1,60

$
•

•

37.16,70 2,18569,30 297, 50 3e.8107 140.2 0 1,56472,0 327,40 71,280 53,0 0 4,12,50

60,21345

2,1961,38755.279603

AGORNUPFDIN

13,9620 58

1,0645.2

Refundi g 1,703 0 42,69450 19,86 0 14,9367 -14,260 1,0 ,0 935,0 67,285603
S

—,1956

V

t.

CHARCTE

Total

Other

•

•

'

U

-

>

i-

»




,

-

§

Other Farm

United

-■>

*

-

.

MONTHS

11

24

88.

1,164,

494, 101,

11.

.286,

916,

1.865,0 148,69408 251,48 0 73,59074 4.510,48 304,28 17 62,3850 375,1 3 2,70,0 5,0 70 27,1923
2

.
_

619. 60 827,10 15 ,903 .843,750 40 ,0 0 38 ,8 9 ,16432 81 ,0 3 981,50

163.50

70,154.80 6,83.40 314,5284 6,823 15.69,61 "1,23,24 235,4*0 67 14,67.58

174.

2,770

572,

24

88,

860, 432 100,

1,

,3724 ,1583 ,7903

261, 644

8,
'

1,250

58740,6 79,45 0

749.13,72 27,1623 5,0.0 328.51,25 287,10 281 65,2906 6,735,974 58,264 39 10,2 950 41,7093 182,57382 17,62.0 2,791 4,523 580.14,62 60,4950 391,05.2 1,038.5 ,274 169.0512 18. 4,72 150.764,39 12. 7,950 426,7093 1,265.93 1

10,795

20 ,0 0

18.59,0 .375,0 2.175,0

~

2.4159,06 71,1,183,0,5564999604828.7136
.

;

21.036,43,977251

13.589,450 120, 0 3,90,0 23576O 5,0 ,0 50, 0 2,894.50 1,97.80 1,3095 ,20 82,34607 9,735,706 30 .0 0 610, 5 43 95,04 73 5,8 6, 20 1,028,475 2,130, 0 95,73142 19,35.01 2,41 95,67 38,64580 3.508,714 20 380,245 07 48,5640 140,52 0 2,179.8,143 42,94073 7,219620 54.028475 160,9 .587 1,25.8 21
6.24•,50:
_

•

269,09,685142.4

7.301,90 128.0 0

1, 97,8 0 4.394,3 0

583, 3

_

7
-

000

3,90 . 0

2357

50,0 0

•

,

6,289,21 19,846 12,901580 47,08 90 19,86.0

.

♦-i.—

8,532 16

583, 3
149,23869 14,38 0 1,0 0 935,0 73.54,81 319,576310
ie.r

v.

1

8,1,305 86 2,34607 9,735.706 30 ,0 0 603,1.643 94,6 073 5.86,20 1,028,475 1.546, 7 95,73.142 193,06 79 2,3901. 3 325,4630 3,461 25,30 360,7950 48.56,40 "140,52 0 2,09.4,50 408.16,073 76.219,620 53,09 475 ;5,6917 160,9 587 1,42 3 7

5,0 ,0 2 ,894 50

-

*

8,21.7582

_

ENO3N'VEDM0BRN-—ew boannodtess. 2,89450 stock. :stock '" boannodtess. stock 29,567. boannodte-ss Li-,15'0 . Bank Governmt. governmtGavcie,sM&unicp.alt—Stes,,Posein. toal ifdnucobltoadineset NE3ONVEDM0BR BNooatennsd-ds eccotopa.rl,, manufctes ories inmadanuufscttrrig—l bueildt—cngs, httoreraludtiscng.,, BNooatensd-s eccoptoar,l,manufctes ories inmdaanuunsftcrdtrilg beuiltdcngs, htrotearlduticsn.g,, etccc.o—poaer,l, manufs ceoris Imnaandufucntsrtirdgi—l beuiltdcngs, htortearlduticns.g,,

Comstocokn
Comstocokn
MONTHSCorp^ate— Domestic— Long-term Short-em Pref d Com on Candi — Long-term Short-em Pref d foreign— Long-term Short-em Presftorcekd corpate UInteraio l Candian foreign Loaannd Staes Grand fi'gThuerses

*

576,

21,05 0 21,05 0 26,15875 4.6 .0 42,7380 168, 58 l750,6 2,64,30 27,968 2 408.694,0 24,36785 1, 20 431,57.20 10,82 5 9,86.58 1,750 0 2,64.30 97,560213

Capit l 325,4630 2.14,9 80 27,91350 38,107 140,2 0 1,42735,80 31,40 70,128.0 52,0650 4.12,50 60,21345 94,129.647 5,79680,39 13,589450 120,0
New

1

3,544,

75,32.508 231,82,36^5,0,0 328,51.25 329,8601 65,209. 6 6,904,832 58,264 39 1,972 50 417.35,69'J 210, 6.34 580.32,0 3.05,41308 591,26012 60,49 50 391.05,2 1,470. 481 270,869.06 128,053 82 150.764 3 13.967,50 429.35,69 1,36.5 ,764

~

.

_

19,56-,—

426,960

1,5276

101,960 417,874 6 2,387 843,750 40 ,0 0 671,0 6 549,3 2 186,176 68 ,50 373.2 4 158,183 939, 78

426,

1,6978

173 2 5,0
375]

123,6.274 13,0147

109,5 0

1

48,5123

$

".91-

40,130 42.50 0 1.2 ,7650 5,46138,97 1,80 0

34,50 807 ,982

750, 0 350. 0

New

6,0 ,0 73,8531

Refundi g 21,05 0 82,708 15 23,48910
1,8230,5

Capital 4,72689,27 79,45 0 489.72,834 1,76429, 5

Capit l 174.930 2,0637 0 50,3150 24,8370 8.40, 54.126,405 364,1 .50 85,14.02 8,1.0 150.0 25,7 16 394,716
$

Total

10,484

7, 50, 0 7, 50, 0

$

40,130 48,50. 0 2,53 01.95 ,35.76,09 1,80 0

New

Tots;

Refundi g 251,4820 650,428.50 4,50 , 0 291.7064 62,385.0 2,482,0 205,000! 25.34,29

-1954

98,0 .0 82,08 0 372,85.0 5,894365,74 37,05 0

-

$

426,960
38 ,50
16,90 19,0 0 830,17. 4 6,84 87 327,53961 6,82 3 16,045134 1,23,24 235,40267 153,02578

:

*■

c

I—•

O

H

2
o

~3~

Long-Term Puutilbelisc Irsoten,l, Equipment Maotnodrs

Other
<

Land,

MeInvstmn iscelanous Short-Tem utiles ste l, Equipment and
r.

Public Iron, Motors Other Land,
Oil

— rmanufctig—- —- hoeldticn.g,

aaecctoc—opl,, manuft_r cesori and eatc — trading, — sceocurprita—te

Rub er -tnemsvI Miscelan ous
Railroads util es ste l, Equipment and Rub e„—r Ship ing Investmn Miscelanous Railroads util es Equipment and industral '.Lbuaildrindg.s,Rub er Intvreustmsn, Miscelanous
Irsotenl,,

Stocks-

Public Iron, Motors Other Land,

Public

Motors Other

-

Total

Commercial and Financial Chronicle

The

.

1957

Monday, October 28,

.

.

(1842)

6

:

USE OF

£9,300,000 Pennsylvania HE. 4Vh% equipment trust certificates, series GG, due semi-annually from July 1,
1957 to Jan. 1,
1972, Inclusive. Purpose, for new construction. Price, to

FUNDS

8

"

Total

10,000

1,600,219,000

1,600,109,000
1,601,125,000
1,599,963,000
1,600,219,000

11,528,730,000

July 12

July 19
July 26

July 16

6~3~0~000

U. S. Savings bds.
Depositary bonds—
Tax antic'n notes

July

1

July

Aug

Aug 16
Aug 23

Aug 30

Aug 15
Aug

1

Aug

6ep

1,599,603,000
1,600,242,000
1,600,084,000
1,600,042,000
1,600,060,000

867,000

1,600,470,000

8ep

27
1

Sep

1

California

*2,200,000
; ,

48~000
1,365,000

3,220,017,000
436,383,061

•

1,600,551,000

1,600,551,000
1,600,483;000
1,600.241.000
1,600,515,000

September

6,753,496.808

6,401,790,000

356,706,808

1,601,236.000

1,600.219.000

1,017,000

for

Total

Oct

91-day

4
11

Oct
Oct

17

Oct

18

Oct

25

Oct

1,600,483,000
1,600.4514.000

1,600.515,000

253,000

1,295,000
•

bds.

1,216,000

8,419,413,184

6,400,604,000

1,600,820,000

845,000

1,600,112,000
1,600,138,000

558,000

8

91-day
91-day
91-day

Treas.
Treas.

Nov

Treas.

1

Treas.
91-day Treas.
U. S. Savings

1

'

1,599,800,000

1,600,095,000
389.350,480

bds.

for November..—

Total for eleven

--

<

"

1,599,800,000
1,600,095,000

389,350,480",
640,000

640,000

_

Total

404,000 '

1,750,200,000

1,750,200,000

Depositary bonds.
Tax
antic'n
notes

90-day

Nov 29
Nov

-Clement A. Evans &
Co., Inc.; Fahnestock & Co.; Fauset, Steele
Co.; First of .
Iowa Corp.; First of Michigan Corp.; First Securities Corp.;
Foster & Marshall: Freeman
<te Co.; M. M. Freeman &
Co.,
Inc.; Leonard A. Frisbie Co.; Goodbody -& Co.;'Green,'Ellis & Anderson; Gregory As Sons; Ira Haupt
Co.; Hayden, Stone & Co.; Hirsch & Co.;. Hornblower As
Weeks; Indianapolis Bond and Share Corp.; John B. Joyce
A: Co.;
Jenks, Kirkland, Grubbs As Keir; Johnson, Lane,'
Spaed As Co., Inc.; Kcan, Taylor As Co.; Kenower, MacArthur As Co.; A. M. Kidder As Co.;,Kormepdi: As Co., Inc.;
Arthur M. Krensky As Co., Inc.; Ladenburg, Thalmann As
Co.;
Leedy, Wheeler As Alleinan, Inc.; Mackall As Coe;
McDonnell As Co.; Merrill Lynch, Pierce, Fenner As Beane;
The
Milwaukee Co.; Mullaney, Wells As Co.; Newburger,
Loeb &, Co.; Newhard, Cook As Co.; Norris/As Hirsehberg,
Inc.; The Ohio Co.; J. A. Overton As Co.; Parrish As Co.;
Patterson, Copeland & Kendall. Inc.; Win; E.-Pollock As
Co.,
Inc.; Raffensperger, Hughes As Co./ Inc.; Reynolds
As Co.;
Riter As Co.; The Robinson-Humphrey Co., Inc.;
L. F. Rothschild As Co.; Schmidt. Poole, Roberts As Parke;
Scott, Horner As Mason, Inc.; Shaughnessy As Co., Inc.;
Shearson, Hammill As Co.; William R. Staats As Co.; Stern,
Frank, Meyer As Fox; Stix As Co.; Straus, Blosser-As Mc¬
Dowell; J. S. Strauss As Co.; Stroud As Co., Inc.; Stubbs,
Smith 'As Lombardo, Inc.; Thomas As Co.; Van Alstyne, Noel
As Co.; G. H. Walker As Co.;
Weeded As Co. Inc.; C. N.
White As Co.; Arthur L. Wright As Co., Inc.; Wyatt, Neal
As Waggoner; F. S. Yar.tis As Co., Inc., and Yarnall, Biddle

2,141,997,480

8,000,965,000

10,142,962,480

.

months—109,971,966,601 98,212,241,000 11,759,725,601

*INTRA-GOVERNMENT

FINANCING

Net Issued

Retired

Issued

I

$

s

40.229,733,000 39,041,419,000

1,188,314,000

954,177.000

616,070.000

21,902,000

120,510,000

338,107,000
£98,608,000

976,079,000

Total for six months

736,580,000

239,499,000

JulyCertificates

—

—

,/

...

Bonds
Total for July

1,241,361,000

531,541.000

709,820,000

95,077,000

104,185,000

+9,108,000

-

Total

for

August

700,712,000

635,726,000

1,336,438,000

433.167,000

Notes

—

Total

for

128,740,000

487,336,000

September.

£145,883,000
£74,571,000

579,050,000

.54,169,000

.

;

£220,454,000

707,790,000

•'*

As

%

Total

for

October

120,542,000

£89,646,000

695,367,000

■

£262,434,000

30,896,000

—

574,825,000

343,287,000

Notes

312,391,000

$275,000

+352,080,000

Purpose,

1986.

to

November—

556,499,000

270,903,000

90,231,000

120,383,000

+30,152,000

—

Nov.

1, 1977.
Furpose, to repay
vafcely with insurance companies
Co.

Total

November—-

917,633,000

676,882,000

Total for eleven months—

44,290,506,000

42,493,764,000

1,796,742,000

~

and

Stone

100%

'

,

notes

to

Civil Service
Zone

ings

Federal Old

Age

and

Retirement Fund.

Survivors

Insurance

Trust

Savings

Federal

and Loan

Deposit

Insurance

Insurance

Corporation.

Corporation,

tNet

and

retired.
.

•

«

•

■

1

•

Details of New

Capital Flotations
.

V;,

A:

pose,

100%'

Louis

Than

Notes
Five

-

'

*

i

$250,000

Nov.

and

Stroud

COPPER,

*

ETC.

&

Co.,

&

equipment trust
semi-annually May 1, 1957 to Nov. 1, 1971,
inclusive,
Purpose, for new equipment.
Price, to yield
from 3.70%
to 3.90%, according to maturity.
Offered by
certificates

Salomon

Union

RR.

Bros.

&

Hutzler;

Securities & Co.;

Drexel

Ac

and Stroud

Co.;
&

Eastman

Dillon,

Inc.

Co.,

*$58,615,000 Ford

Western Ry. 5>/8% equipment trust cer¬
annually from Nov. 15, 1957 to 1971, in¬
clusive.
Purpose, for new equipment.
Price, to yield from
4.75%
to 5%,
according to maturity.
Offered^by Salo¬
mon
Bros.
Ac
Hutzler;
Drexel
Ac
Co.;
Eastman
Dillon,
tificates

1,

Union

Securities

&

Co.;

and

Stroud

&

Co.,

3.75%

r'

to

3.90%>,

according

to

maturity.

Offered

by

Co.; Freeman Ac Co.;




Gregory Ac Sons;

Win. E. Pollock

Life

As•

♦

ETC.

HOLDING,

debentures du6
warrants attached).

6%/

Gas Co.
purchase

'

r

■'

'i

'•>

,

•'•••;.

y

'

ACCESSORIES

promissory

John

dufr Nov.

notes

Insurance

Life

Travelers

Co.;

1.

1976.

Life

.Aetna
Insurance
others.
'

Insurance. Co.;

General

Connecticut

Co.;

Mutual

Insurance

Co.,

Life
and

*$1,600,000 Air

4:,4%

Inc.

Products,

promissory notes,

series

A,

Mutual

Life

Hoist

Insurance

notes

due

As

A;

Life
Co.;
15.000,009

Purpose,

1971.

due

surance

1981.

Co.

4%

Purpose,

through

for

Peabody As

Kidder,

Co.

.

'

Nov.

1,

privately

1974.

with

Purpose,
a

group

Baker, Simonds & Co.

for

of

expansion
insurance

program.
-

-

Co.;

Weeks Aj Co.; Bate-

D.

H.

Ellis & Co.;

J.

S.

Corp.

Stores

1,

1976.

accrued

Purpose,

interest.' Underwritten

Nolan, Fleming-W. B. Hibbs A: Co.',
Co.; Gruss Ac Co.; Hallgarten
Ac,Co., - Inc.; Hemphill, Noyes
Co.; Henry Herrinan Ac Co'; Hirsch Ac Co.; Hornblower
Weeks; Joseph, Mellon "Ac Miller, Jnc.;. Kidder, Peabody

Inc.;
Ac
Ac

companies

Coweji.&

4],a%
sinking fund debentures due
for working capital. Price, 100%
by Lehman Brothers;
Adamex Securities Corp.; a. C. Allyn Ac Co., Inc.; Baclie
A;
Co.; Bacon. Whipple Ac Co.; Robert W. Baird Ac Co./_
Inc.; Baker, Weeks & Co.; Bail, Burge Ac Kraus; J. Be
Ac Co.;'Bear, Stearns Ac Co.;
A- G. Becker Ac Co.,^lnc.j
Blyth Jc Co., Inc.; J. C. Bradford Ac Co.; Burnham Ac Co.;
Allied

A:

.

due
Placed
through

Co.;

Co.;

Boston.Corp.;

.

fund debentures due Nov. 1,
working capital.
Placed privately

sinking

*2,000,000 Copeland Refrigeration Corp. 434%- sinking -fund notes

.

Clayton Securities Corp.; J. M. Dain A; Co., Inc.; Dittmar
cc
Co.,-Inc.;. Eastman Dillon,
Union Securities Ac Co.l
F.
Eberstadt Ac Co.; Emanuel, Deetjen Ac Co.; The First

Co. 47h% 15-year unsecured
retire bank loans and for
privately with Prudential In¬

to

program.
Placed
Co. of America.

expansion

Co.

Co.,

At

A:

Hutzler;

and

Co.

Derrick

promissory notes due Nov,
bank loans anil-for working
with
institutional investors.

Inc.;. Ladenburg, Thalmann & Co.; Mc¬
Newburger. Loeb & Co.; Salomon Bros.
Strauss A: Co.; Sutro Bros. & Co., and
J. R. Timmins A: Co.
Oversubscribed.

Donald

June
1, 1967.
Purpose, for working'capital.
Placed pri¬
vately with Fidelity Mutual Life Insurance Co. and Provi¬

*5,000,000 American

privately

Baker,,Simonds. & Co.; Baker,

Krensky

\

MANUFACTURING

AND

Inc. 43i%

Stores.

Purpose, • to .repay

Gerstlejv Suhstein-<fc' Co.; Gccdbody & Co.; Oscar Gruss
'As Son,; Hamlin & Lunt;" Hardy Aj Co;; Ira.Haupt & Co.j
Hirsch & Co.; Howard, Wc-il, Labouisse, Friedrichs & Co.J
E.
F.
Hutton & Co.; H.
I. Josey & Co.; Karr & Co.J

Nov.

INDUSTRIAL

OTHER

MISCELLANEOUS^

Eichler A:

man
*

%

r

Halsey, Stuart Ac Co. Inc.; Dick Ac Merle-Smith; R. W.
Pressprich Ac Co.; L. F. Rothschild & Co.; Baxter, Williams
Ac

•

1971;

path;
.

for ^expansion program.
Placed privately with
Hancock
Mutual Life
Insurance
Co.;
Metropolitan

*10,000,000 Carnation

from

4%>

Co.

Motor

Inc.

£7,605,000 Louisville & Nashville RR. 3Ts% equipment trUst certifi¬
series P, due annually from Nov. 15, 1957-1971,
cates,
inclusive.
Purpose,
for new equipment.
Price, to yield

Equitable

.4,000.000 AC'F-IVriglev 'Stores. Inc. 43i%
convertible subordinated
sinking fund debentures due April 30, 1972. Purpose, to
reduce bank .loans
and, lor. expansion
program.
Price,
100%/ and accrued interest.
Underwritten bv Allen & Co.;
Abraham
Co.; Baird & Co.; Auchincloss, Parker & Red*

North

due

Southern
Stock

■

:

.

ACF-Wrigley

Purpose,

dent

£3,375,000 Chicago &

Dick Co.

capital,i .Placed
through Allen A*

4

3%%

due

&

1976" (with

1.

;

Lehman

Insurance

Inc.

Quincy

with ,the

TRADING,

TRUSTS,

'*$5,000,000

due

Peabody

Pnoenix

Burlington

privately

Idaced

Purpose, to repay bank loans, make loans to subsidiaries,
etc.
Price. 100%
and accrued interest.
Offered by Lewis

%

Uranium

series. A,

MOTORS ANI)

Co.;

,(

Society of. the United States.

Pennsylvania

—

'*

Co. 5% . promissory notes due 1958-1967,
to repay bank loans and for new con¬

Purpose,

•

struction.
surancc

-

RUBBER

.

Rubber

Woosier
inclusive.

'

•

Purpose,

.

*$1,500,000

RAILROADS

Ohio Ry. 3 %% equipment trust certificates
Oct. *23, 1957-1971, inclusive.
Purpose, for
new
equipment.
Price, to yield from 3.70%
to 3.95%,
according
to
maturity.
Offered
by
Salomon
Bros.
Ac
Hutzler; Drexel Ac Co.; Eastman Dillon, Union Securities
&

1972.

$6,225,000

'

annually

£3,600,000 Chicago,

Castle, Inc. 6%

15.

'

.

,

registered mortgage bonds due March1
to construct
and ^operate- a
resort
motel .and club.
Price, at par. ; Offered by company to
public, without underwriting.*,
*
.•

Sun

800,000

£$7,800,000 Chesapeake &
due

4%j%

"

,

.

:

3IemoriaI Hospital Association, Inc. 4%,
first mortgage bonds due semi-annually
from Dec. 1, 1957 to June 1, 1971, inclusive. Purpose, for
new
construction.1
Price,
100%
and
accrued
interest.
Offered by B. C. Ziegler Ac Co.
'
'
Chien

ancl

INVESTMENT

Goldman, Sachs As Co.; Hornblower As Weeks; Kid- ,
As Co.; Kuhn, Loeb As Co.; Lazard Freres As..
Brothers; Carl M.^ Loeb, /Rhoades' As Co.;
Merrill Lynch,
Pierce, Fenner Ac Bear.e; Paine,- Webber,
Jackson As Curtis; Smith, Barney Ac Co.; Stone As Webster,
Securities Corp. and Werlheim Ac Co.
Oversubscribed.'
der,

Maturing

(Issues

Heitner Ac Wood.

Yates,

and

4',4%

.Corp.;
Co.;

Years)

Co.

Prairie clu

175,000

v

%

s

- -

first mortgage
inclusive.
Purfor new construction and to repay bank loans. Price,
and accrued interest.
Offered by Metropolitan St.

Charities Association 414% -5%
bonds due
annually Nov.
1, 1958-1971,

Lutheran

1,800,000

•

Mines, Ltd. 5^4% general mortgage
July 1, 1963-(with, common share
'purchase warrants).' Purpose; for construction program.
Price, 99% and accrued interest.
Underwritten by Morgan
Stanley As Co.; M°del, Roland As Stone; Blyth As Co., Inc.;
Eastman Dillon, Union Securities As Co.; The First Boston.

During November, 1956
Long-Term Bonds and

COAL,

STEEL,

IRON,

bonds,

i

Later

RedCo.f,

Cohii

Underwritten by Auchincloss, Parker Ac
Kidder, Peabody Ac Co.; Johnston, Lemon Ac
AtCo.; Rouse, Brewer- Ac
Becker; Winslow, ,
Stetson; Mackall Ac Coe, and Goodwyn A: Olds.
unit.

.

*45,000,000 Northspan

Federal

1"

Ferris

.

Fund, Alaska Railroad Retirement Fund, Postal Sav¬
Government Life Insurance Fund, National Service Life

Fund,

Offered by B. C. Ziegler

-■

•

,

path;

per

Foreign Service Retirement Fund, Ctonal

Retirement

System,

Insurance

and

Giant Food Properties, Inc. 5%>% sinking fund debentures
due Dec. 1, 1971 and 550.000 shares of common stock (par
10
cents)
in units of $100 of debentures and 22 shares
of stock.
Purpose,
for working capital, etc.* Price, $100

2,500,000

1981:

$100,000,000

yield 5%?'to maturity.

to

Co.

C.

Account.

Co.,: and Robert W.

Ac

(Miss.) 4>2%;, 43%%

Oct.

Price,
Ac

.

Telephone & Telegraph Co. 4ni% first mortgage
collateral lien sinking fund bonds, series G, due Nov.
Purpose, for construction program.
Placed pri¬
vately with institutional iiiyestors.
' ' J- /.'
1,

series

of Jackson

first mortgage bonds due'semi-annually-April-1, 1958
1, 1971, inclusive/ Purpose, for new construction.

5';£,

■

Wells

Inc.

Co.,

First Baptist Church
to

and

.

certificates and notes; certificates
told to Adjusted Service Certificates Fund and Unemployed Trust Fund
and

;

■

Ac

Mullaney,

.

^

t

Purpose,

accrued

Co.;

Ac

Baird

debentures due
bank loans. -Placed pri- through White, Weld As
(

by B. C. Ziegler Ac Co.

for new construction.
Price,
interest.- Offered by Coughlin Ac Co.J

1967.'

to

and

Bache

.

250,000

Virginia

*1,100,000

•Comprises sales of special

;

#

.•

Webster Securities Corp.

As

first mortgagd-Congregation (Chicago, 111.) 5
semi-annually Sept. 1, 1957 to Sept. 1, 1966,
Purpose, for new construction.
Price, 100% and

1958

due

!

Securities

240,751,000

for

-

Transconliiicntal Gas Pipe Line Corp. 4%

'^O.000,000

■

827,402,000

-

Notes

'

due

425,000 Central Catholic, High School (Lafayette, Ind.) 4',4%, 4'^%
and 4:t4%
first mortgage bonds dated Nov. 15, 1956 and

,

Certificates

'

repay

«

Am

inclusive.
;

-

..

accrued interest.' Offered

-

i

Co. Inc.r and,-

land, blildings, etc.

Bctli

bonds

Co. 4%%

Power & .Light

1.

*.

t

~

:

■

Texas

•

——J—

Dillon,1 Union

Eastman

through

York

Co.

Nov.

October—

Certificates

y

Co.

As

first, mortgage bonds-due
hank loans and for new
construction.
Price, 101.257%
and accrued interest.. Of¬
fered by Halsey, Stuart As Co. Inc.; Ball, Burge, As Kraus;
Baxter, Williams As Co.; Dallas Union Securities Co.; Free¬
man. A: Co.; Mullaney, Wells As Co.; Raffensperger, Hughes
As Co., Inc.; L. F. Rothschild As Co.; Stern Brothers As Co.,
and Thomas As Co.
Subscription books were closed.

£10,000,000

,

New

'Of

* Smithers Ac. Co.; Underwood^. Neuliaus Ac
Watling, Lerchei! Ac Co. Oversubscribed.;
;

$11,500,000:.

Southwest Gas Corp. 5% first mortgage bonds due Nov. 1,
1981.
Purpose, to repay bank loans and for new con¬
struction, Placed privately with Mutual Life Insurance Co.

*1,200,000

September—
Certificates

Witter

Co.';. Rotan. Mosle Ac Co.; Schneidei?*
Inc.;. Smith, Barney As-Co;;. F. S.

Inc.; Reynolds Ac

Ca.,

-Bernet ^fc-Hickman,

V

k

Southwest

Co.;, .Glore,
Forgan
Friedrichs' Ac Co.;" \V.
"

,

Union Ser

&, Co.;
Howard, , Well, Labouissef
E,.Button & Co.; Ingalls. Ac Snyder; * l'
LehniairBrolliers; The Ohio Company; Rjuuseher; Pierce' &
%

.-■i~

*

Dean

Co ;

fc

% '":v coast; Doininlek & Dominick;-Eastman Dillon,
curl ties As Co.;: The First Boston-Gdrp.j- First

.

•

Folger,

Goldman,

Co.;

Sachs

Harriman

S:
Ripley

Represents issues placed privately.
issues sold competitively,

£ Indicates

t Indicates

special offering.

'

5
"':

,Iije,l,Bosworth, Sullivan Ac Co., Inc.; Clark, Dodge
julRhj Collins As Co.; Dewar, Robertson & Pan-

Co.,

-

Jose Water Works 4%%;

through

1

San

,

first mortgage bonds, series
F, due Nov. 1, 1986.
Purpose, to repay bank loans and for
improvements.
Placed privately with Occidental Life In¬
surance
Co.
and Equitable
Life Insurance Co. of Iowa

August—
Certificates
Notes

f
for

tiobeptures

;

.

the
-t 4

Jacinto, Rctroleum Corp. .5%, subordinated convertible
ciue Nov.
1. 1971.
Purpose*, to repay-bank
Joans and for development costs.
Price, 100%/ and accrued
interest.
Underwritten- by White, "Weld ; As- Co.; Blyth &

8,000.000

Este & Co.; Evans & Co., Ihqj

Co.

As

f 1,000,000 Sail

.i

•

•

Oil Co. 4%i%: secured nctes due 1964, Purpose,
general corporate
purposes/ Placed privately with
Mutual Life Insurance Co. of; New York, .
-> .• vw;

"

Andcrsom Ac StrudInc;F Arthurs, Les-

/V

/■/;:; ?[

OIL

V;

,

Katz.

'

.

Col urn

Corp.,;

-

2,018,809,184

1,601,665,000
1,600,670,000
1,600.542,000

Nov

Nov

.

bills
bills
bills
bills
bills
bills

Treas.

Nov 23

%

1,216,000

91-day

Nov 15

573,000

notes

1

Nov 16

1,599,816,000

-

*$3,500,000

t

Placed privately with The
of the United States.
'

; i '

-

%

DqHaven Ac Townsend, Crouter Ac Bodine; R. S. DicksonAc Co., Inc.; Francis I. clu Pont A: Co.; Equitable Securities*;

887,000

414,348,184

Nov

$32,677,000

.

t' %

inclusive.

1971.

Ac Middlebrook, Inc.; Coffin & Burr, Inc.;
Cooley Ac Co.; Courts Ac Co.: Cruttcnden Ac'Co,r Cunning-ham, Scliinertz Ac Co., Jnc.; Dallas Union Securities Co.;

1,600,768,000
1,600.397,000

October.— —'—

for

Total

1,600,172,000

414,348,184

antic'n

Tax

"

/

expansion -program, ($2,000,000).
Equitable; Life Assurance Society

Blair Ac Co.; Alex. Brown & Sons; Burnham
Denton, Inc.; Lyrd .Brothers; CityClark & Co.;' Clayton Securities

William

Corp.;
i';

bonds:,-

Depositary
1

Oct

..

interest.

to Ohio investors

Instruments, Inc. 5%- promissory notes due 1959 to
Purpose, refunding ($1,250,000) and for

*3,250,000 Texas
%

ft

expansion program. Price/99and
Underwritten by The Ohio Company and
only. All sold. ;•
f

lor

/Purpose,

accrued

,

offered

and Co.; Burns Bros. Ac
Securities Corp.;
E. W.
H

1,600.768,000
1,600,389,000

;>:

trange & Co.;' C. S. Ashmun Co.; Auchincloss, Parker Ac
Redpath; Laker, Weeks & Co.; Larret, Fitch, North & Co.;
Baxter, Williams Ac Co.; Bear, Stearns Ac Co.; Bioren Ac'

355,158,808

1,601.284.000

1971.

•

-J

%

Co. of America.
^
,r ,,
%
- ;
=. t
1,000,000 Tectum Corp. 5:,4%> sinking fund debentures due Dec. i,

series
..

l-

Corp. 5% promissory notes due'1972.
Pur¬
refupdiug.
Placed privately with Prudential Insur-

pose,

loans.

through
'[*••,;/' './

for generM corporate
Offered by I. J. Niemuth
*
"
I

Purpose,

2apce

„'

-

Placed
Morgan

u.

Ac Peck; Allison-Williams Co.;
Ariihold and S. Bleiqhroeder, .

Adams

wick;

1,295,000

1,600,172,000

/%

stock.

of

Pnce, $5.50 per unit.
residents of Texas,

to

Co.

<

355.158,803

Treas

Savings

S.

U.

1

Oct

&, Co.

< i

*1.000,000 Perk in-Elmer

;

£50,000,000 Public Service Electric & Gas Co. .4%% first /and refund¬
ing mortgage bonds due Nov. 1, 1986.
Purpose, to repay
bank loans and for new construction,
price,',,101.257%' and
acrcued Interest.
Offered by Halsey, StUart Ac Co.. Inc.;

3,658,852,061

8,000,031,000

v%

bonds,

^

institutional ' investors

with

privately
Stanley

11,653,883,061

Co.

shares

36

purposes.

*10,000,000 Peninsular Telephone Co. 4%% 1st-mortgage boijds,
E, due Nov. 1, 1986. Purpose, for new construction.

172,000

172,000

and

'.-v*

inktitutidhal Investors through
^
;
General Telephone Co. of Indiana, Inc. 45«% -first mortgage bonds due Nov. 1, 198G.
Purpose, for new constructiou, etc.
Placed privately.
,•%.'■ -.'J-.-.j % ! ♦
;:r
A:

Society-of the United States.

27.620

f"

' V

Water Service Co. 4.60%' first mortgage
due Ncv.T, 1981.
Purpose, to repay bank

Witter

Purpose:,

Patonifte Manufacturing Co. 5% first mortgage bonds and
shares of common stock in units of $100 of bonds

77,000

privately with nine

Placed

Co.;
.

H.

series

Dean

bills
91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
91-day Treas. bills

20

•Sep

1,600.242,000

i.

/

*3,000 000

1,600,084,000
1,600,090,000
1,601,425,000
3,220.017,000
436,383,061

August

for

6
13

6cp

Sep

485,489.953

—

91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
U. S. Savings bds.
Depositary bonds—
Tax antic'n notes

Total

6ep

—

1970.

-

Wheel Co. 43i% promissory notes.due 1958to repay bank loans; Placed privately with

Kelsey-Hayes

Equitable Lite Assurance

*

,

Bridgeport Gas Co. 4"/a% general and refunding;mortgage
bonds, series C. due Nov. 1, 1981.
Purpose, to repay bank
loans and for improvements.
Placed privately. ; ■

antic'n. notes

Tax

1

Aug

18.943.370,953 18,457,881,000

552,000

-

^

PUBLIC UTILITIES

484,297,953
*$1,500,000

Treas.

91-day

$38/985,000

527,735,000

,

<-

Stroud Ac Co.. Inc.

and

Co.;

.

'*2,000,000

■

552,000

Treas. bills
bills
91-day Treas. bill*
92-day Treas. bills
91-day Treas. bills
7 mos. l ax antic ctf
U. S. Savings bds.
Depositary bondsi_

9

"

v

-

'

'v

484,297,953

91-day

2

Aug

July-

for

Total

527,735,000

note*.

■

1

"

;

'

37/«% equipment trust certifi¬
1957 to 1971", inclusive. Pur¬
pose,
for new equipment.
Price, to yield from 3.75% to
3.95%.', according to maturity. Offered by Salomon Bros. &
Hutzler; Drexel &-CO.; Eastman Dillon,.Union Securities
Pittsburgh & Lake Erie RR.
cates due annually Nqv. 15,

£7 305 000
er

12% mos. Treasury

July

Dillon,

&

notes

July 16

Of-

fered

,

11,528,730,000

1,600,119.000
1,601,125,000
1,600,592,000

91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
12 Vis mos. Treasury

5

July

'

-

3,097,870,115

•

from 3.75%- to 4.30%, .according to maturity.
by 3alomon Bros. Ac Hutzler; Drexel
Co.; Eastman
Union Securities Ac Co.; and Stroud: & Co., Inc. , ,

yield

5

8

"

'

54,040,840,115 50,950,970,000

months

six

for

Refunding

Accepted

Security

Dated

vately

*

Inc. convertible subordinated notes due Nov. 1,
Purpose, for working capital.1
Placed privately
' through W. C- Langley & Co..--J
% ' - •
•
*5.000,000 Hooker Electrochemical Co. 3^8%
promissory notes due
Nov. .1, 1980.
Purpose, for working capital, expansion, etc.
Placed privately through Smith, Barney Ac Co. and R. W.
| "
Pressprich Ac Co.

»

Indebtednesi

.'

"

*1,000,000 Epsco,
V*'
1963.

•

New

Total Amount

Type of

Purpose,

.

V

Industries, Inc. 5%
promissory notes due 1971v
for expansion and working capital.
Placed pri-i
with State Mutual Life Insurance Co.
j

Eastern

*750,000

and McMaster

Co.;

Ac

Co.

&

Hutchinson

Hammill

Shearson,

Inc.;

Co.,

&

>

(Continued from page 3)

«

Volume

186

Number

5685

The Commercial and Financial

Chronicle

(1843)
A

Co

M.

;

Loeb.

Kuhn, Loeb A Co.: Lizard Preres A Co.; Carl
Rhondes A Co.; McDonald A Company; Merrill

Lynch, " Pierre,

Fenner

Co.

Pierce

"

,f.

.

*•

'.

i*

'Stone
Van

Inc.;

&'Webster Securities

Alstyne,

Noel

Corp.;

Swiss

American

A

American
tures

Nov.

Co.

of

Georgia

1976.

1,

i

\

'

n ..A-

J

r.

'

-u

l

•

Norris.

■'

•

,i

Guaranty

Finance

Credit
due

1,

pansion

and

written

^.,250,000

by

Walker

A

Dalton

secured

.

-

.

.

stock

*

•

.

Purpose,

and

Finance,

A

Webster

A

Co.;

Co.;

A

Stern,

Securities

Wagenseller

STEEL,

Frank,

Corp.;

A

Meyers

Sutro

Durst,

1966.-,.

Placed privately

"

t

1,449,000

$25,000 each).
(par

Fox;

A

of

stock

common

%.

•

,

,1■J

,,

,

.t

Mitchell.,,Jr.

for

S60

per. unit,..

Fenner

A

10-year

subordinated

Co.,

shares

units

of

Purpose,

.

and

by

of

for

A

working

W.

and

senior

a";
'<-•

.

Stores,
Placed

Ltd.

5%

Pur¬

v

Ward
-'"V

'

-

-

notes dye 1964. Purpose,
working capital, etc. ($109.
the University of Chicago. \

for

with

Evans

A

A

Co,,

Co.;

Bateman,

Co.;

W.

.

and

Warren

A

^

-

Eichle

A

Co.;

&

««*«•<".

Hirsch,

&

for

pose,

Inc.

.working

5%

senior

capital.

Mutual Life Insurance Co.

notes

Placed

of

New

due

1971.

privately

with

■

r

York.

..

.

.

,

,

?

.

.

.

'

.

-

«.

-

■

$106,900,000 Federal Intermediate
bentures

i.("

Knox,

•

Dec.- 3,

refunding.

pose,

■{ ••

dated

New

Credit

Banks

1956

due

and

Price, at nar.
fiscal agent,

York

3.75%

A Co.; BurnWoodcock,. Hess'A Co.,

de

/

3,

'

-

,

.

general

GO,000

Other

•

r$17,770,000

Australia

annually
elusive.

-

,f >•

(Commonwealth of)

4:i+%

serial

notes

from
December
1960
through
Purpose, for purchase of aircraft

"

'fair*.'"

12,170.000 Dodge

STOCKS
ferred

stocks

stocks

computed

at

of

of

no

their

stated

a

expansion

A

value

par

all

and

classes

at

of

while

par,

$572,615,200 American

7

Price,

Co.

5,726,152

shares

of

at

Offered

par.

bv

for

company

subscription

underwriting,

^1,0,000,000 Arizona Public Service

preferred stock (par $50).
Purpose, to
Price, at par and accrued dividends.
The First' Boston Corp.; Blyth, A Co.,
Lynch, Pierce, Fenner A Beane;. Refsnes, Ely,

reduce

Inc.;

4,500.000

Underwritten

.1

public Co.
Inc.;

•

Co.;

Paine,

Co.:

Ball,

Webber,

Burse

A

Jackson

Kraus;

A.

,

);
...

...

.

•*

-

.

borg A Co.; Laurence M. Marks A Co.;

*

;

•

»

Inc.;

.

Fay;

A

Laird A

Co.

Inc.;

Sutro

E.

A

to
-

ler;

*

•

*".

'

reduce

crued

bank

Eastman

Struthers

;

■

Co.

for

Electric

&

preferred

Co.

-

/

J

Securities

total,

1.430

subscription

shares

of

:

by

A

Bros.

Co.,

shares

were

minority

A

Co.,

I.ld.

and

77.000 shares

common

r

Light
$25).

(par

&

Power

Purpose,

Co,

6,695

shares

of

common

'

,

.

840,000

Telephone & Telegraph Co. 6,653 shares of
stock
(par $1623).
Purpose, for construction

mon

/

;

630,000 Mobile

Gas

$5).

(par

share.

Service

Purpose,

Offered

stockholders,
19,800,000

Pacific

-

-

bank
and
A.

C.

A

Co.;

repay

A.

Inc.;

bank

of

pro¬

loans.

Price,

*

-

v-

to

222,000
,

1

■-

LOO.OOO
stock

shares

(no

par).

of

$4.75

by

3,730,520

fctoek

$21

Becker

Brush,

per

common




of

lide

250,000

Purpose,

to

repay

Michigan Corp.;

300,000

See

of

R.

Inc.

25,000

shares

of

of '

con¬

class B

com¬

and

Bonds

(par

class

A

"Long-Term
this

common

Bonds

and

issue.

Construction

stock

Co.,

$1).

Inc.

Purpose,

150,000
to

repay

for

equipment and working capital.
Offered by Vickers Brothers as a

Texas.

Insurance
stock

Co.

(par

C. O'Donnell

stockholders,

New

York

shares

25,000

of

Purpose,
for working capital.
Offered by company for subscription

underwriting.

Corp.

300,000 shares of common stock
for equipment, working capital, etc.

Purpose,

at

of

$6).

without

Finance

$1).-

Price,

Offered

par.

by

to

company

public,

without

underwriting.
,

275,398 Holmes
(par

II.)

(D.

$20).
loans.

bank

Co.,

Lid.

Purpose,
Price,

for
$35

shares

7,692

working
share

per

of

stock
capita} and to retira
to stockholders; and
common

to

public,
$38.50
per
share.
Offered
by
company
foi*
subscription by common stockholders.
Unsubscribed por¬
tion
(1,765 shares)
underwritten
by Arnold A Crane;
Nuslock, Beaudean A Smith; scharff A Jones, Inc., and
Howard, Weil, Labouisse, Friedrichs A Co.

200,000 Illini

Air

par).

Co.;

Robert

Morris

A

Co.,

Plan

(par
per

shares

40,000

working
residents

Conrads

stock

of

capital,
of

stock

common

etc.
by

Illinois

Price,

$5

Ralston

(no

pmf

Secu¬

A

Co.; King, Olson, Surprise A Co.;
Co.; Myrl D. Maynard A Co.; S. A.
and Mullaney Wells A Co.
A

Co.

of

$10).

California

Purpose,

shares

21,400

for

working

of

common

capital.

Price,

share.
Offered by company for subscription
stockholders who are residents of California^

common

without

to

Lewis

G.

Sandeen

by

Inc.
for

Offered

rities

711,900

Lines,

Purpose,

share.

Inc. 99,630 shares of class A cu¬
preference stock (par 80 cents),

Co.,

of

"Long-Term

under

See

Marine

A

common

$33.50

participating

under

preceding column of

a

Land

Holland

and

expansion

stockholders;

to

capital.'
to public.

working
$1.75

Price, $1.50
Offered by

underwriting.

Fully subscribed.

subscription

Peabody

A

residents

of

Ohio

The

only.

Ohio

All

Company

and

Cement

$1).

Co.,

Purpose,

bank

for working capital.
Price, at par and
Offered by coinpany for subscription
stockholders.
Unsubscribed portion
(39,03S
shares)
underwritten by Schneider, Bernet A Hickman,
Inc.; The First Trust Co. of Lincoln, Neb.; Beecroft, Colo
A Co.;
Boettcher A Co.; Dewar, Robertson A Pancoas'S,

by

J

and

1,100,000

Austin, Hart A Parvin.

Van

Horn

tive

convertible

Butane

Service

preferred

44,000
stock,

shares

series

A

of

$1.50

cumula¬

$25).

ipar

Fuc-

capital stocks of six companies and foi*
working capital, etc. Price, at par and accrued dividends.
Underwritten
by Schwabacher A Co.; J.
Barth A Co.,
Davis, Skaggs A Co., and Crowell, Weedon A Co.
Over¬
pose,

'

sold.

Inc.

acquire

to

subscribed.

for

$7,086,721

underwriting.

186,526 shares of common stock
stock purchase warrants.
Pur¬
pose, to reduce demand note.
Price, $20 per share.
Of¬
fered by company for subscription by common stockhold¬
ers.
Atlas Corp. agreed' to subscribe for any unsubscribed
shares.
No underwriting was involved.
Disney

$2.50), with

common

Atlantic
share.

ing,

Oil

Corp.

Purpose,
on

Offered
a

for

$115,500 American

by

shares

working

capital,

company

basis.

Express

$10).

Price,
Completed.

87,300 American

$33

Co.

per

3,500

share.

Re-Insurance Co.

$5).
Price,
Incorporated.

(par

shares of capital stock ()ftC
Offered by Blyth A Co. Inc.
3,600 shares of

$24.25 per share.
Completed.

(Continued on page 8)

2,000,000

best-efforts

Representing New Financing

Issues Not

Productions

Walt

$1).

c

and

dividends.

common

OIL

$3,000,000

loans

accrued

offered

18,500 shares of common stock
expansion, equipment and work¬
ing
capital.
Price,
312
per
share.
Offered
by
com¬
pany
for subscription by common stockholders, without
(par

sinking fund preferred stock (par $20), with com-'
stock purchase warrants attached.
Purpose, to.retiro

mon

Co.

by

cumu¬

lative

by class A preference stock¬
Underwritten by Frank L. Edenfield A Co.
for

Underwritten

United

1,366,460 Southwestern Investment Co. 68,323 shares of 5:,4%

$21,749,151

Bateman, Eichler
Bingham, Walter A

Republic

$1),

loans,

(par

First

Lundborg
A
Co.;
MacNaughtonManley, Bennett A Co.; Model, Roland

Martin A Herzberg, Inc;i

shares
new

Colorado.

residents of

Co.

Barth A Co.:

Central

of

50 cents).

in

Excelsior

by

stock

and

First of

...

■

preceding column of this article.

a

(par

common

preecding

common

(par

Sales, Inc. 6,115 shares of common stock (no par).
Purpose, for expansion,
inventory and working capital.
Price, $10 per share. Offered by Mickle A Co. to bona

cumulative

Price, $99 per share
Underwritten by Blyth A Co., Inc.;

A
Co.,
Inc.;
Slocumb A Co. Inc.;

200,000 shares

expansion

stock

common

61,150 Egg

Goodbody A Co.; Hawkins A
Hill Richards A Co.; Hooker A Fay;
Kenower, Mac Arthur A Co.; Lester,

Co.;

(par

common

a

of

underwriting.

etc. and
Price, $2 per share.
speculation.

Irving

for new construction.

dividends.

G.

shares

for subscription
underwriting.

Allyn A Co., Inc.; J.

Hurry,

30,000

company

Corp.

preferred

loans and

accrued

by

to

without

Lighting

convertible
'

*

Corp.

in

shares

Aquatic Center, Inc. 500,000
10 cents).
Purpose,
for

Finance,

Notes"

stock.

Corp. 80.000 shares of common stock
(par 50
Purnose, for expansion program.
Price, $10.50 per

share.

gram.

..

Notes"

30,000

Price, $10 per share.

for

Chemical

Kidder,

cents).

com¬

Price, $40 per share.
Offered by company for sub¬
scription by common stockholders, without underwriting. .

i

(par

(par

in

Dalton
stock

Clark, Dodge A Co.; Julien Collins A
Davis, Skaggs A Co.; R. S. Dickson A

Co.;

A

for

share

Tectum

.

266,120 Lincoln

and

common

A Co.; Stein Bfos. A Boyce; Straus, Blosser A McDowell;
Suplee, Yeatman A Co., Inc.; Sutro A Co.; Wagenseller
Durst, Inc.; Walston A Co., Inc.; Watling, Lerchen A
Co.; Winslow, Cohu A Stetson, and Dean Witter A Co.

by

.

stock

'

;

A

Co.;

Odess,

holders.

for const met ion program.

'230,400 Home Telephone &-Telegraph (^o. 46,080 shares of capital
stock (par 35).
Purpose, to repay bank loans.
Price, at
par.
Offered by company for subscription by
stockholders,
without underwriting.
'
-

Moore

pre¬

1,861,527 Standard Pressed Steel Co. 25,800 shares of common stock
(par $1).
Purpose," for expansion and working capital.
Price,- $72
per
share to stockholders; $97.50 to public.
Offered
bv company for -subscription by common, stock¬
holders.
Unsubscribed portion
(154 shares) underwritten

stock

Price, $40
per share.
Offered by company for subscription by common
stockholders, without underwriting.

.

A

company

by

,

267,800 Home
r

(Inc.);

Hutton

Stone;

per

Purpose, for construction program. Price, $34
Offered by company for subscription by com¬
stockholders, without underwriting.
■

mon

F.

Re-Mark

stockr

common

of

Bonds

Inc.

.Purpose,

mulative

share.

per

12,500

article.

H. Hentz A Co.;

Purpose,

Wood,

offered

T.

"

(par $20).

,

I

79,704

Hutz-

Oversubscribed.

Hawaiian Electric

stock

Notes"

Oversubscribed.

,v

(par $100).- Purpose,
$101.82 per share and ac-

by Salomon

cumulative

A

Over¬

stock

Price,

Union

Of

25,000

6%

of

without
Springs
stock

residents

300,0U0 Devall

shares

Inc.

Credit Finance Service, Inc. 24,000 shares
mon

Co.; Pacific Northwest Co.; Paine, Webber, Jackson A
Curtis; Rodman A Renshaw; Wm. C. Roney A Co.; Saunders, Stiver & Co.; Schwabacher A Co.; Shearson, Hammill

;

A

Underwritten

Dillon,

A

company

holders.

2,618.000

Gas

loans.

dividends.

240,000

A

McCoruiick A Co.;

Coinpany, Corp., and Pacific Northwest Co.

2,500,000 Blackstone Valley
,5.60%,. cumulative

$31

Films,

Colorado

fide

cumu¬

$20).

Chemicals,

Co.

Ryons

subscribed.

^

this

Greenawalt

Moore A Co.;
Co.;'Brush, Slocumb A Co.
The First of Arizona Co.; Grimm A Co.; Hooker A
E. S. Hope A Co., Inc.; Jones, Kreeger A Hewitt;

Stroud

$1.56

Purpose, for
per share and

Co.;

13,285

Inc.

(par

Courts A Co.;

Co.;

The Milwaukee Co.; Pasadena Corp.; Smith.

.
,•

Price,

of

parh

by Central- Republic Co.
A. C. Allyn A Co., Inc.;
Co.
Inc.;
Lee Higginson Corp.;
Bacon,
Blunt Ellis A Simmons, and Cruttenden

A

Co., Inc.;. Elworthy A Co.;
'Securities Co. of Chicago;

■!
•

•

j' '

shares
(no

Hurry, Inc.; Blunt Ellis A Simmons; Boettcher
Burnhain A Co.; Butcher A- Sherrerd; Central Re-

A, Co.;

Co.;

Inc.; Goodbody A Co.; E. F. Hutton A Co.; Irving Lund-'

,

70.000

stock

Underwritten

"Long Term

of

$1).

public

A

Ltd.,

working capital, etc. Price, $1 per share. 'Of¬
fered, by Copley A Co. and Arthur L. Weir A Co. to bona,

Walter-&
...

Frank B. Bateman,
Oversubscribed.

struction,

working capital.
Price, $22.50 per share. Underwritten by Blyth A Co., Inc.;
Ball, Burge A Kraus; Bateman, Eichler A Co.; Bingham,

G.

Newhard,

v

If.

A
A

Edwards A Sons; Elworthy A Co.; Hill Richards A Co.;
Cook A Co.; Shuman, Agnew A Co.; Wagcnseller A Durst. Inc.; Walston A Co., Inc.;, Eateman, Eichler.A Co.; Bosworth, Sullivan A Co.,. Inc.; Crowell, Weedon
A Co.; Henry
Dahlberg A Co.;' Davis, Skaggs A Co.; Ken-.
neth Ellis A Co.; Estabrook A Co.; First California Co.'

;

..

Ryons

Scliwabacher

under

(par

-

10

par.

common

working

Rcichhold

Merrill

(Inc.);-Hemphill, Noyes A Co.; Coffin A Burr,

Lester,.

Curtis;

500,000

bank

loans.

•

A

Co.,

stock

and

column

Beck A Co.;
William R. Staats A Co,: Stone A Webster Securities
Corp.;
Dean Witter A Co.; A. C. Allvn A
Co., Inc.; Central Rc.

Corp.

preferred

Patonite Manufacturing Co, 27,620 shares of

345,250

of

Raceway, Inc. 600,000 shares of common
cents).
Purpose, for working capita), etc.
Offered by company for subscription by

stockholders.

public,

underwriting.

Purpose, for expansion,
equip¬
capital.' Price,
at par- and accrued
dividends.
Offered by Mohawk Valey Investing Co., Inc.
and Security and Bond Co.

Co. 200.000 shares of $2.40 cumula¬

by

|

to

Shipbuilding Corp. 100,000 shares of common
50 cents). Purpose, for expansion and working
Price, $2 per share. Offered by Atwill A Co., Inc.

ferred

by

shares

$!).
Purpose, to purchase motion picture rights, work¬
ing capital, etc. Price, $10 per share. Offered by company

bank

See

tive

.

180,000 shares of 5V2%

shares

ment

>

575,000

Coliseum

.

(par

Matheson

265,700

Telegraph

&

stockholders,, without

/

..

7

Oversubscribed.

capital.

(par $100).
Purpose, for advances to, and
investments in subsidiary
and
affiliated
companies, for
improvements, etc.; and for general corporate purposes.

Co.

Underwritten by Berwyn
Co., Gcarhart A Otis, Inc., and Crerie A Co.

International

200,000

UTILITIES

Telephone

at

stock

are

capital stock

j.

without

Barney

Becker

Co.

A

offering prices.)
PUBLIC

Price,

Purpose, for expansion and
Price,
at
par.
Offered by

working capital.

and

Vi/hipple A Co.;

pre¬

stock

common

public,

Smith,

G.

A.

'■'<
taken

are

to

$1).
Pur$15.04.
Of-

(par

Oversubscribed.

purposes.

dividends.

accrued

"

value

par

Insurance

300,000

purposes.

$25).

(par

convertible

,<Inc.);

(Preferred

Life

Chicago Helicopter Airways, Inc. 23,050 shares of common
stock (par $1),. Purpose, for improvements and working
capital. Price, $11.25 per share. Offered by company for
subscription
by
common
stockholders,
without
under¬
writing.
1

by employees. "Underunderwriters offering above-

of

shares,

Manufacturing

lative

institutional

Park

(par

Price,

Cooperative Association 20,000 shares of 4%
second preferred stock (par $25)..
Purpose, for expansion
and
general corporate purposes.
Price, at par.
Offered
by Association to public, without underwriting.

.semi¬

1964,
inQantas Em-

Airways
Ltd.
Placed
nvivately with
investors through Morgan Stanley A Co.

'

due

June
for

Heritage

A. M. Law A Co., Inc.;
Nelson O'Rourke A Co., Ltd.

T.

common

Consumers

Government

pire

%

.

'

Foreign

,

Audubon
stock

subscription

for

group

corporate

»Association
500,000

'
.,

1

stock

s,tock

common

corporate

same

128,200

preferred

¬

1957.
Purthrough John T.

Offered

general
company

by

mentioned

,,

Co.

Inc.;
*

Inc.;

4,500,000 Consumers Cooperative Association

consolidated

Sept.

for

by

written

Farm Loan and Government Agency

^

In#. 30,000 shares of

posei

v

ETC.

259,313

fered

«

■■■

HOLDING,

stock
(par $1).
Purpose, for working capital.
Price, $2 per share,
Underwritten by Pierce,
Carrison,
Wulbern, Inc.; Johnson, Lane, Space A Co.; Odess, Martin
A Herzberg; Atwill A Co.; Clement A. Evans A Co., Inc.;
Alestev G. Furman Co., Inc.; Louis C. McClure A Co.;
Varnedoe, Chisholm A Co., Inc.; Frost, Read A Simons,

;

Chace, Whiteside, West
Winslow, Inc.;, Collett A Company, Inc.; Julien Collins
Co.;, Norman W. Eiseman A Co., Inc.; Howard, Weil,

AMP,

■

TRADING,

Fund, Inc. 100,000 shares of capital stock
Purpose,
for
investment.
Price,, initially ai
share.
Offered by California Fund Manage¬

common

A

Oversubscribed.

<•

451,200

The
i-

.331,850,000

-■

em¬

MISCELLANEOUS

Friedricbs
A
Co.;
Mullaney,
Wells
A
Co.;
Suplee," Yeatman A Co., Inc., and Thayer, Baker A Co.
V

TRUSTS,

$1).,

ment

Labouisse,

Pur¬

by

Inc.

Income

$1,150,000 American

••

*1,000,000 Winter

speculation.

a

Castle, Inc. 1,598 shares of common stock (par ^5).
Purpose, for working capital, etc.
Price, at par. Offered
by company to public, without underwriting.

$10.98"* per

_

Boenning

Co)

A Co.

stock

D. Fuller

Sun

(par

A

York

W.

S.

Food
Properties, Inc.
100,000 shares' of common
(par 10 cents). Purpose, for working capital. Price,
share.
Underwritten by Auchincloss,
Parker &

INVESTMENT

G,. Langley &

Newburger

Co.;

by

Redpath; Kidder, Peabody A Co.; Johnstqn, Lemon A Co.;
A
Co.; Rouse, Brewer A Becker; Winslow, Cohu
Stetson; Mackall A Coe, and Goodwyn A Olds.

$1,098,000 Kerr

Bodine; Clement
Jauney, Dulles A Co., Inc.; Joseph,
Laird A Company, Corp.; MasonNew bald's Son A Co.; Yarnall, Biddle

H.

Offered

$188,590

Pierce,

Inc.;

Inc.;

Ltd.

Co.,

common

per

A

Croutcr

Projects

shares, of

.

Pur-

Inc.;

Miller,

Inc.;

r.

.

v,

$1.)

A

DeHaven A Tovmsend,

ham

r..

8-year

and

privately

Co.;

A

debenture bonds.- Purpose,
Offered by company

par.

A

Jones

Mineral

ployees of Giant Food Shopping Center,

Co.; A.
Co.; Hemphill,, Noyes A
Curtis; Russ A Co., Inc.;
Walston A Co., Inc.; Francis

Drexel

Jackson

W.

Co.;

Hagan,

.

7

.

,

V

Hammill

Mitchum,

Mellen

Salk,

A

Inc.;

Co.,

Webber,

duPont A

"V-A.

Placed privately

Salk,

public, without underwriting.

547).

Price,

debentures bonds,

.

7,990

stock: (par

common

by

1,000,000

40,000 Giant Food Properties, Inc. 40,000 shares of common stock
(par 10 cents);' * Purpose, for working'capital.
Price, $1
per share.
Offered by company for subscription

MANUFACTURING

Co.; Lentz, Newton A
Teiupleton;
Winslow, Cohu A
Stetson; The Ohio Company; Stroud A Co., Inc.; J. Barth
A Co.;
Butcher A -Sherrerd; The Milwaukee Co.; Moore,
Leonard
A
Lynch;
Singer,
Deane A Scribner;
Straus,
Blosser A McDowell; Arthurs,
Lestrange A Co.; Cruttenden

t

working capital.

250,000 Nelson Finance Co.. 10-year. 6'>
for working capital.
Price, at

refunding (3890,453.)

I.

A

5 >4%

Co.

A

Paine,

Co.;

V..

expansion

'• v""'''.:

v.-

;

Union Securities A Co.; Merrill Lvnch,
A Beane; Smith, Barney A Co.; Bache A

Shearson,

./•

and

A "Co.; Inc.; G: J.:
Schaefer A Co., as a

..

i, ooo.ooa Furity

;

.•

AND

128,200 shares of

Becker

G.

.•-v.

Whitney

Herbert

Inc.

Fenner

.^

-

H."

common

capital.

.

^

"■
INDUSTRIAL

AMP,

Co.;

debentures

..

v_:

■

Dillon,

debentures

class

of

8500

institutional.'investors -through
Inc.",.
-A
,■■■
' -

to

ex¬

G.

speculation..

a

pose,
for general corporate purposes.
Price,
$16.25 per
share.
Underwritten by Kidder, Peabody A Co.; Eastman

;

.

1

with

'

*;
.

Under¬

Beane;

Co.

25.00C
in

Offex-ed

National Finance
pose,

Price,

A

$2,083,250

one

for

'v'4

OTHER

.

B. common

and

as

Inc.

Purpose, for development and exploration

A

"

debentures

class

debentures

il.-Ji underwriting,

by

Ferris

v

$339,800

for

Corp.

price, $1.25 per share.
Vermilye Brothers as

and

stock
$1

stock;(par $1). Purpose, for exploration, equipment, etc.*
Prioe, at par.
Offered by company to public, without

T-

V,

-

stock

unit.

of

of

Pierce,

6%

and

cents)

of

per

shares

$50

>

stock

common

Offered by pompany to public, without underwriting.
-

,.

0

Co.

100,000 Giant

,

T

of

LAND, BUILDING, ETC.
$40,600 Fort Delaware, Inc. 812 shares of common stock
(par $50).
Purpose, for construction, equipment, etc.
Price, at par.

Purpose, for exploration, equipment, workV, ; ing capital, etc. Price,- 20 cgnts .per share. Offered by
company to public, without" underwriting.
4
50,000 Fuma ftliiUng A Milling Corp." 50,000 shares of common

•

shares

,250,000

(par 10 cents).

■%

500,000

to repay bank loans and
Price, '.$3
per
share.
Offered

Offered

10 cents).

costs, etc.

Co.; Spencer
Walston A Co.,

ETC.

shams

Corp.

Purpose,

etc.'
Securities

1,250,000 United Cuban Oil,

,

luo.

Gas

cents).

2,500,000 Mineral Projects—Venture
E, Ltd. participations in limited
partnership interests. Purpose, to acquire leaseholds and
for development costs.
Price, at par (in denominations of

-

*

,

10

Whitehall

A

Inc.;

COPPEB,

COAL,

$285,800 .Col-Ny I'rauium,

*

v

,"t

-

,

due

v.

to repay bank loans and

Rippel

Inc.

1967

2,

speculation...

*1,500,000

of

working capital.

(par,.SO

$525

24,000

units

Merrill Lynch,

Shares

50

is,

notes

Inc.' 6% * subordinated

and

in

Co.,

Jan?

due

ki~
'.

•*.

Staats

R.

>IRON,

first

Service,

1968

tpar 81)
of stock.

share

•h

Corp. '5%

Plan

Finance

Nov.

stock

f

?'■ ^f

'1

..

(par

drilling'' costs,

3608,927,520

mortgage notes due 1976. Pur¬
pose, to finance construction costs.
Placed privately With ■
the Mutual Life Insurance Co.. of New
York....

|>o.t .• .
j. 1,200,000

■i

>

1,500,000 Holiday Oil &

Inc.; Weeden A Co. Nnc.J White, Weld A Co.; Dean Witter
A Co., and Wulff, Hansen A Co.
Oversubscribed.

deben--

for

Purpose, for general corporate purposes.
through Hemphill, Noyns A "Co. "7
'•

*650,000 Budget

4

"

'

Co.;

"

.

■\
•

M.

*T:.'

•

*1,000,000 American

A

A

C.

Stone

Lewis; A Co.; Pierce, Carrison, Wulbern, Inc.;.
Gi -H.-Crawford-Co.,; Inc.;
Frost; Read A'Simons, Inc.;*
Huger,- Barnwell A Co.;
Ja'ckson7 A .Smith;"' and Edgar

<" r«*

*

Skaggs

Merrill

Tra.sk

Daniel

"•

W.

Co.;

William

working capital.
Price, 100^
and accrued interest.
Underwritten -by In*-.,
'terstate;"Securities Corp.; Johnsqn, ; Lane,- Space A Co.,
Inc.;
A,' M.
Law
A t Co.',
Carolina -Securities \<Corp.^
Wyalfc, Netrt
Waggoner; Citizens Trust* Go.; McCariey;'
A Co., Inc..; Dargan A Co.; Alester G. Furman
Co.; McV

Davis,

Co.;

Langley A Co.; Lehman Brothers; Lester,
Irving Lundborg A Co.; Laurence M. Marks
Lynch, Pierce, Fenner A Beane; Mitchum
Jones:A /Templeton; Morgan Stanley
A,Co.; .Schwabacher
A >Cq'l Shuman,
Agnew A' Co.; Smith, Barney A Co.;

Corp:*

5.9Q(*-' capital

Purpose,

Co.;

A

&

Discount

due

A

Securities A Co.; Elworthy A Co.;
Corp.; First California Co.; Glore, Forgan

Ryons A Co.;

.

Co.; G. H. Walker & Co.; Watling,
Lerchen A Co.; Wertheim A Co.; White, Weld A
Co., and
Winslow, Cohu A Stetson. Oversubscribed.
1,000,000

Weedon

Union

A-CO.;'Goldman, Sachs A Co.; Harriman Ripley A Co.,
"vine."; Hill Richards A Co.; Hooker A FayTKidder, Peabody

Simon-& Co.;, Smith,- Barney A. Co.; Stein Bros. & Boyce;.

.

:

I

Co.,

Crowell,

Dillon,

~

Reinliohit & Gardner;' Reynolds A"
Co.; Riter & Co.; L. P. Rothschild A Co.; Rowles, Winston
& Co.;
Shearson, Hammill & Co.; Shields & Co.; I. M.

.

i

f

A

(The);

Eastman

The First'Boston

Eeane; P. S.„, Moseley A Co.;
The
Ohio -Co.;? Pacific
Northwest Co.;
Paine,
Webber,
Jackson A; Curtis; Piper,• jaffrayA Hopwood; Rauscher,a

7

to

of

common

public,

stock

(par

Price, $1.50 per
without underwrit-

etc.

•

Represents issues placed privately.
t Indicates issues sold competitively,
t Indicates

special

offering.

stock
Blair

common

Offered

by

J

Financial Chronicle

The Commercial and

.

Monday, October 28, 1957

.

.

■■■

-

(1844)

■,

0,040,774 OHn Mathie«on Chemical Corp. 135,520 shares of common
stock (par $5).
Price, $49 per share. Offered by Blyth

(Continued from page 7)

A

of common stock «par $1). Price,
Underwritten by Kidder, Peabody A Co.;
Securities & Co.; Merrill Lynch,
Pierce
Fenner A Beane; Smith, Barney A Co.; Bache A
Co *
A
G. Becker & Co., Inc.; Drcxel A Co.; Hemphill,
Noyes & Co.; Paine, Webber, Jackson A Curtis; Russ A
Co
Inc.; Shearson. Hammill A Co.; Walston A Co., Inc.;
Francis I. duPont A Co.; W. C.
Langley A Co.; Lentz,
Newton A Co.;
Mitchum, Jones A Templeton; Winslow,
Cohu A- Stetson; The Ohio. Company; Stroud & Co., Inc;
J. Berth A Co.; Butcher & iJherrerd; The Milwaukee Co.;
Moore,
Leonard A Lynch;
Singer, Deane A Scribner;
Straus, Llosser A McDowell; Arthurs, Lestrange A Co.;
AMP. Inc. 149,500 shares

2.429,375

i

45,000

Cruttenden, Podesta A Co.; DempseyEckhardt-Petersen A Co., Inc.; A. G.
Fusz-Schrnelzle A Co.. Inc.; Harriman
Riplev A Co., Inc.; Hemphill, Noyes' A Co.; H. Hentz A
Co.; Hill Richards A Co.;' Hornblower A Weeks; Howard,
Weil, Labouisse, Friedrichs A Co.; E. F. Hutton A Co.;
Johnson, Lane, Space A Co., Inc.; Edward D. Jones A Co.;
Kalman A Company, Inc.; Kidder, Peabody A Co.; Lazard
Freres A Co.; Lehman Brothers; Irving Lundborg A Co.;
Mackall
A Coe;
Mason-Hagan, Inc.; McCormick A Co.;
McCourtnev-Brcckenridge A
Co.;
Merrill Lynch, Pierce,
Fenner A Beune; Merrill, Turben A Co., Inc.; Berwyn T.
Moore A Co. Inc.;
Morfeld, Moss A Hartnett; Newhard,
Cook A Co.; Paine, Webber, Jackson A Curtis; Rauschcr,
Pierce A Co., Inc.; Reinholdt A Gardner; Reynolds A Co.,
Inc.; Rodman A Renshaw;
Scherck, Richter Co.; Scolt,
Horner A Mason, Inc.; Semple, Jacobs A Co., Inc.; Shearson, Huuunill A Co.;
Shields A Co.; I. M; Simon A Co.;
Smith, Moore A Co.; William R. Staats A Co.; Stifel,
Nicolaus
A
Co., Inc.;
Stix
A Co.; Straus, Blosser A
McDowell; Taussig, Day A Co., Inc.; G. H. Walker A
Co.; Watting, Lerchen A Co.; J. C. Wheat A Co.; White
A Co.; Demi Witter A Co.,
and Yates, Heitner A Woods.

i

(par $10).
Baird A

W.

stock
The

Louisiana

of

shares

90,000

Co.

Gas

common

by East¬

(par $5). Price, $21.75 per share. Offered
Dillon, Union Securities A Co.
Completed.

stock
man

1,919,588 Atlantic Refining Co. 45,300 shares of common st6ck (par
$10).
Price, $42,37Vs per share. Offered by Blyth A Co.,
Inc.

Completed.

-

-

Hess

Standard

stock

common

A

(par $1).

capital

of

share.

$59.75 per
Completed.

Corp.

Boston

shares

100,000

by

Offered
"

$58

.

Price,
Completed.

Transportation Co., Inc. 019,776 shares Of
common
stock (par $1).. Price, $7,50 per share.

4,648,320 Watson
class

Offered by Blyth A Co., Inc.

share.

per

Bros.

A

Podesta A Co.; WachobFirst Trust
Co.
of Lincoln, Neb.;
Reynolds A Co., Inc.; Hooker A Fay; George D. B. Bonbright A Co.;
Bache A Co.; Dempsey-Tegeler A Co.;
Lester, Ryons A Co.; First Securities Corp.; Smith, Hague,
Noble A Co.; T. C. Henderson A Co., Inc.; Blair A Co.,

Underwritten

Bender

Cruttenden,

by

The

Corp.;

Clement A. Evans A Co., Inc ; Francis I. du Pont
Harold E. Wood A Co.; Robert J. Connell, Inc.;
Don W. Miller A Co.; Irving J. Rice A Co., Inc.; Bate¬
man, Eichler A Co.; Beecroft, Cole A Co.; Brooke A Co.;
Burke
A
MacDonald, Inc.J Fusz-Schmelzle A Co., Inc.;
Kalman
& Co.,
Inc., and Mullaney, Wells A Co,
Over¬
Inc.;

A

subscribed.

tributes

Johnson

cott,
(3)

The

and

Works,'&

Union;

natural

Hutton

Co.;

Carl

Loeb,

M.

Rlioades

Pierce

A

Co.,

Gardner;

Scott,

Rodman

Horner

A

A

Loewi

Co.;

Daniel

Inc.;

Reeves A Co.;
Renshaw;
Scherck,

A Co. Inc.;
Rauschcr,
Reinholdt A
Richter
Co.;

A

Mason,

Shearson,

Inc.;

Hammill

A

Co.;

Shields A Co.; Silberberg A Co.; I. M. Simon A Co.; Singer,
Deane

A

Tucker,

Scribner;

Anthony

Wertheim

A

Stein

Bros.

Boyce;

A

•

Represents issues placed

t Indicates

privately.
competitively,
offering.

issues

t Indicates

(5)

7,012,000 Coxden

Co.;

Petroleum

Corp.

Price,

< par

$1).

Dean

Witter

A

A

at

gas

(0)

retail

Virginia

distributes

shares of capital stock
share.
Underwritten by

352,000

$21.62 V»

Cc.;

per

Forgan

Glpre,

Co.;

A

Kunn,

There

is

also

structed

in

1948

White, Weld A Co.; A. C. Allyn A Co., Inc.; A. G. Becker
Co. Inc.; Central Republic Co. Inc.; Francis I. duPont
A Co.; A. M. Kidcler A Co.; Schwabaclier A Co.; Barret,
Fitch, North A Co.; Bateman, Eichler A Co.; Bosworth,
Sullivan A Co., Inc.; Fulton, Reid A Co.; Kalman A Co.,
Inc.; McCormick A Co.; The Milwaukee Co.; The Ohio
A

Juffray

Piper,

Saunders,
Barth A

Co.;

Stiver

special

Hopwood; Reinholdt A Gardner;
Co.; Arthurs, Lestrange A Co.; J.

Co.; Julien Collins A Co.; Dallas Union Securities

Davis, Skaggs

Deetjen

Co.;

A

Brotnfield

A

A

H.

Dittmar A Co.,

Co.;
L.

Inc.; Emanuel,
Inc.;
GarrettCo.; ira Haupt

Co.,

A

Emerson

Co.;

Granbery, Marache A
H. Hontz A Co.; Laird, Bissell A Meeds; McKelvy
Co.; Mitchum, Jones A Templeton; Mullaney, Wells
A Co.; Rodman A Renshaw; Rotan, Mosle A Co.; Singer,
Diane A Scribner;
Stroud
A Co.,
Inc.; Winslow, Cohu
A

Co.;

A

A Stetson,

and Woolfolk A Shober.

A

Co.,

Inc.

Oversubscribed.

1,001,750 Duqucsne
$10).

El

Light Co.

shares

of

common

Offered

by

Blyth

shares
share.

per

of

stock

by

(par

The

common

Offered

First

involved

Natural

Gas

$57

to

N. Y.
Columbia has

properties

shares

5.000

Co.

share.

of

Offered

of

common

stock

mon

motion

the

(par $5).
Stearns A Co.

Bear,

General

(par
First

Telephone

$10).

outstanding
before

fiscal

year.

there

are

$33.75

June 30.

on

depletion

As

no

the

and

company

comparable

Oscar S.

Wyatt, Jr.,

to

stockholders:

in

August,

the

the

be

briefs,

Price.
son

A

Corp.

stock

(par

Myers
$25).

Barney A Co.

com¬

Offered

by

Offered

Tobacco

Co.

Price, $62

per

by

stock

Paine,

53,008

share.

(par $10).

Webber,

shares

of

Jack¬

common

Offered by Smith,

Completed.

A

Inc. 32,600 shares of common stock (par S3).
$43,627 per share.
Offered by Kidder, Peabody

Co.

2,370,000 Niagara
stock

Mohawk

(no

par).

Barney A Co.

Power

Price,

Corp.

$30

per

79,000

share.

shares

of

Offered

common

Price,

Omtp

OH

Co.

30,000

$38,377 per
Completed.




snares

12

depreciation) totaled $1,177,914 for the
commenced operations in November 1955,
month figures available for the previous

Chairman of the Board and President, reported
project initiated in May 1957 and concluded
realized a net gain of approximately $323,000
of 150,000 common shares and the purchase of

"In*

public

the

a

sale

States'

Coastal

stock

common

outstanding capital stook

by

659

from

constitute

such

Division

The

Gross

and

for

revenues

$2,323,543, of
43.47

which

drilling and

from

the

In

the

fiscal

48.17

derived

was

shares."

If

be

share.

capital stock (no par).
Offered by The First Boston

and

Port

properties do not constitute
and
recommends that

system

also

that

recommends

miscellaneous

1957 fiscal

by

gathering.

gas

The balance,

8.5',7

came

,

sources.

517 of gross revenues was realized as income
before depletion and depreciation.
Tnis cash earnings ratio compares
with 28',?'
in the fiscal eight
months ended June 30, 1950.
the

Since

end

year,

fiscal

of

1957,

Coastal

States

has

under negotiations, and has announced 11 completed gas wells,
which eight were
dual completions and one a triple completion.

of

12 Mos.End. "8 Mos.End.
June 30,'57

Gross

revenues

Income

hearing

a

before depletion

$037,416

(cash)

and depreciation

earnings)

Depletion

1,177,914
and

depreciation

income

Net

181,303

493,933

_____

+$083,981

$3,828

1,380.104

_______

outstanding at
Net income per common share

1,140,124

30__

June

June

at

Stockholders'

30..—

investment

11,994,596

"Company
in

1957

May

organized

was

in

concluded

and

November

Commonwealth

23

postponed

in

offering

Income

which

reduced

the

also V.

186,

capital

Offering—

share totals 1,250,000 shares.

See

1737.

p.

Consolidated

Edison

Co.

of

New

York,

Inc.—Bonds

nationwide

underwriting group headed by
The First Boston Corporation offered for public sale on
Oct. 23 a new issue of $60,000,000 5% first and refund¬
ing mortgage bonds, series N, due Oct. 1, 1987, priced at
100.777% and accrued interest to yield 4.95% to matur¬
ity.
This offering was oversubscribed and the books
closed.

The issue was awarded to the group Oct. 22 on its
bid of 100.13999% for the indicated coupon.
Two

competing

A

Co.

N bonds

debt

new

bonds

57 7

specified

Morgan Stanley A Co,, 101.4599,

These

coupons.

ami Halsey, Stuart

101.351.

Inc.,

Series
of

the

for

bids

received from:

were

not redeemable

are

securities

bearing

prior to Oct. 1, 1962 with proceeds
interest cost than thait borne

lower

a

by the current issue.

Optional redemption prices for the bonds range
from 105.787 if redeemed on or prior to Oct. 31, 1958 and thereafter
at prices decreasing to the principal amount after Oct. 31,
1986.
BUSINESS—Consolidated

County;

Edison

electric

supplies

service

in

five

the

comprising Greater New York and in a part of Westchester
service in three boroughs and the more populous parts of

boroughs

gas

Westchester and

steam

total
come

before

and

vice

in

the

months

12

operating

Borough of Manhattan.

ended

revenues

deductions

income

the figures

sex

the

consolidated

July

were

31,

1957
In

$522,531,000 and $76,420,000

were

the

company's

$540,253,000 and

$78,373,000.

was

the

gross

1956

$493,-

EFFECT

GIVING

stock

by

059

TO

PRESENT

Authorized

FINANCING

Outstanding

S

First

refunding
mortgage
bonds
(open-end mortgage):
2% 7 series A, clue March 1, 1982—
277 series B, due April 1, 1977

common

S

100,000,000

100,000,000

and

180,

1200.

p.

100,000,000

100,000,000

clue

June

1,

1972—

60,000,000

60,000,000

series D,

due

Nov.

1,

1972

30.000,000

30,000,000

37

series E,

due

Jan.

series

P1,

Feb.

1,
1,

1979
1981—

50.000,000

37

.

C,

37

shares.—V.

7 %>

series

G,

Mc.y

1,

1981
1982—.

series

27

Collins & Aikman Corp.—Reports Profit—
the

For

first

$18,523,000,

period last
of

the

this

six

months

which

was

ended

about

Aug.

consolidated net

31,

$1,600,000,

less

87

or

sales

were

the

same

than

3

company's

of

six

$174,000.

of

months

last

credit

in

lost

for

before

first

the

the

tax

moving

to

and

plant

Albemarle,

at

and

N.

185,

I,

due

Feb.

1,

1983

40,000,000

due

Jan.

1,

1984

35,000,000

35,000,000

1,
1,

1985—u
1986—

70.000,000

70.ooo,ooot

30,000,000

30,000.000

1, 1986

40,000,000

40.000,000

1,

60,000,000

60,000,000

15,000.000

1,437,000

seides M,
series

N,

due Oct.
Get.

due

Electric

1937

of
York first consolidated mortgage

New

Illuminating Co.

bonds. 57 due July 1, 1995
County Electric Light A Power
purchase money 67 99 years gold

gold
Kings
Co.

bonds,

due

Oct-

Island

Staten

1.

5,176,000
first

Corp.

bonds, 2% 7

Colonial Fund, Inc.—Plans Gains Distribution—
mutual

Oct.

31,

1957.
that

record

of

It is

exact

announced
distribution

a

The

to

16

realized

distribution

gains

same

Oct.

on

of

will

gains

be

will

payable

27,

be

to

declared

on

shareholders

of

series due May 1.

York

New

the

distribution

has

not

been

approximately 38 cents per share.
1957.—V. 186, p. 838.

determined,
It

will be

but

paid

Steam

Corp.

37

24.331,000

12,000.000

1979

first

convertible

series,

due

due

debentures

12,000,000

27,982.000

27,561,000

9,000,000

9,000.000

mortgage

1963—
The
Yonkers
Electric Light A
Power
Co. 2-)b 7 debentures due July 1, 1976
3Va 7

bonds,

clay.

amount

series due 1967

37

2,750,000

mort¬

series

bonds:

gage

377

Colonial

10,000

over

expected to be

Nov.

on

fund

that

1,455,000

2,750.000

25.000.000

1997

Ediscn

due 1979__
Westchester Lighting Co. general mort¬
This

50,000,000

40,000,000

series

The Edison

first

608.

p.

50,000,000

series J.

57

flat fabric business, since
starting-up expenses incidental to

C.—V.

60,000,000
40,000,000

477

part to losses In the wearing apparel

new

due M?.:ch 1,

50.000,000

40,000,000

33,87. series K, due Dec.
3%7 series L, due May

con¬
was

due

60.000.000

3 77

six

carry¬

net profit of $350,000 for the
provision for income taxes.
In

to a
before

year

that

$461,000

these comparisons it should be noted that last year's loss

discontinued,
the

this

of

is

comparison

company

compared

as

months

sidering

Another
the

year

due

3 7 r/c.

Notwithstanding this reduction in sales, the company made
a
net profit, after taxes, for the six months of $274,000, or 49 cents
per share of common
stock outstanding.
This compares with a loss
of $287,000 for the six months
of last year after a tax carry-back
year.

credit

series H,

3*8 7

reduction is due principally to the discontinuance
wearing apparel llat fabric business in January of

The

year.

June

I

1,

57,382,000

Colorado

Interstate

Gas

Co.—Secondary Offering—A
secondary offering of 2,500 shares of common stock (par
$5)

Oct. 15 by Blyth & Co., Inc., at $52 per
shafe, with a dealer's concession of $1 per share. It was
completed.—V. 186, p. 838.
was

made

on

convertible debentures due

77

cumulative preferred

$5

value)
preferred

par

Cumulative

stock

Common
"At

July 31,

Columbia Gas

System, Inc.—SEC Staff Questions Retainability of Certain Columbia Gas Properties—
Division

filed

by

retainability,

companies
At

Corporate

Commission

motion

the

ol

the

and
time

has

this
and

Regulation

recommended

to

corporation

for

thereby

permit

of
the

the

Securities

Commission

release

retention,

of

of

and

that

it

Ex¬
deny

jurisdiction over
certain System,

the

Commission's

issued

decision

in

1944

with

respect

in

struction

Jan.
gi'oss

1,

par

1972_

"1,457,000

55,087,000

"54,800,000

(without

(par

S100)

value).

1,915,319 shs.
1,915,319 shs.
None
2,200,000 shs.
16.771.B31 shs. "13,714,094 shs.

1957.
n)t

proceeds

of

the

sale

will

be

applied

by

the

of short-term bank notes which will total an
issuance of the bonds.
The notes were
with the interim financing of the company's con¬

to the payment
$43,000,000
connection
program.

additions

for

1952

to

upon

The balance of proceeds will be applied to payment
plant after Aug. 1, 1957.
During the period

utility

to July

31,

1957

the

company

and its

subsidiaries made

property additions of approximately $606,600,000, of which $541,was for electric plani,
$34,800,000 for gas plant, $12,000,000

900,000
for

properties.
of

estimated

stock

stock

(without

PROCEEDS—The
company

The

in¬

calendar

and in' 1955,

$72,864,000.

CAPITALIZATION

initiated
realized a net

August,

outstanding

was

Fund, Inc.—Stock

project

a

the company
gain of approximately $323,000 after the public sale of 150,000 common
shares and the purchase of 150.059 shares of common stock from an
estate

public offering
improvement
to have been

a

notes to "await

The

of this Fund at $8 per

2.390,733

tin

1955.

later

a

5,024.474

4.433,603

•

30

June

at

and

The offering to the public made on Oct. 21 through North
American Securities Co., San Francisco, Calif., of stock

year

$0.50

___

at

hearing

before
of the re¬
incidental busi¬
date
before
a

argument

question

by the First Bos¬
Corp., and Kidder, Peabody & Co. See V. 186, p. 1737.

620.000

Total'assets

oral

the

177,535

—

shares

for

denied,

Co.—Public Offering Postponed—

Oct.

conditions."

EARNINGS—For

Common

is

1627.

p.

market

June 30,'50

$2,323,543

L—

lor

186,

on

scheduled

additional systems

as

Credit

company

be

motion

the

scheduled

Offered—A

June 30, 1957 totaled
oil and gas production

ended

year

contributed

was

from

will

motion

$50,000,000 of 20-year

which

estate

an

common

Commenting on operations for the year, Mr. Wyatt stated: "In eacli
quarter since the company started in business, total revenues
from the production of oil and gas and the operation of gas
gathering systems have increased."

change

of

Pa.,

together with the
a
single Jntegy&ti'd

Cash earnings

liscal

by Smith,

Completed.

v.

made by an investment group headed

the fiscal year-end.

1957,

derived

a

1,151.250 Ohio

1944,
that

in

1,430,900 Motorola,
Price,

properties,

integrated

of

4
common

Cov¬

qf

Completed.

$31.25 per share.
Curtis.
&

share.

these

in

contends

single

denied.

the

will

company

shares of

150,059
reduced

The

087,500 Idaho Power Co. 22,000 shares of

3,323,690 Liggett

per

ol

Waynesboro,

between Coatesville,

gas

that

retainable

Division

Commission.

This

fiscal year.

stock

Corp. 93,000 shares of common stock
$38.87ya
per
share.
Offered by The

Price,

Boston

Price,

shares

Which

corporation

ordered

ton

by Blyth A Co.,

18.000

Virginia
Staunton,

question

transport

Columbia's

Commercial

Corporation and

(Continued from page 2)
stock

shareholders

007,500 General American Oil Co. of Texas

a

around

.

the

contended

found

The

system.

part

gage

per

dis¬

around

and

Jervis,

the

Completed.

$3).
Price,
Completed.

in

Va.

tainability of the interests

Investment News

due

43,000

$37.25

Corp.

Paso

(par
Inc.

4,000

share.

Completed.

Price,

Boston

Co.
per

Corp.,

and

corporation which

principally

"

,

the retainability of the
Coatesville-Port Jervis transmission line owned by The Manufacturers
Lignt A Heat Co., another subsidiary of Columbia, which was con¬

reply

sold

General

back

112,000 Donnelley (R. R.) & Sons
stock
(par $5).
Price, $28

,

in

Forge,

Hearing Examiner.—V.

a

A

Virginia,

Loeb A

Co.; Harriman, Ripley A Co., Inc.; Hornblower A Weeks.;
Paine, Webber, Jackson A Curtis; Reynolds A Co., Inc.;

Co.;

West

"

retail

at

West Virginia

Co., a

ir.

Distribution

Gas

gas

ington and Clinton

Co.;

Oversubscribed.

Delaware corporation which operates

a

system

Virginia

Gas Utilities

Amere

tributes

Virginia,

Beckley and Princeton;

nesses

A

and Winslow, Cohu A Stetson.

Co.,

Sutro

R. L.
Day;
Walston A Co.,
Inc.;
Westheimer and Co.; J. C. Wheat A

which
Olean,

on
the
question whether the distribution companies are
systems and the pipe lines incidental businesses retainable
under
the
applicable standards
of
the Act.
Following the filing by Columbia
of an answering brief and of

Mullaney, Wells A Co.;

Model, Roland A Stone;

'

*

transportmg -natural
gas
across
aiid Maryland, which gas is sold
principally
to non-aisoclatcd
companies
for
retail
distribution
in
Washington. D. C., Baltimore, Md., and other eastern communities;

Wist

reserves

Freidnchs A Co.; E. F. Hutton A Co.; W. E.
A Co.; Johnston, Lemon A Co.; Lazard Freres A

V

,

'■>.

•

transmission

gas

Kentucky,

be

acquired a 50v
interest in the Duval County Gas Gathering System
with dedicated
gas
reserves estimated
to be about 100 billion cubic feet including

Frederking;

In

Wakon;

Atlantic Seaboard Corp./

(4)

'

a
New York corporation
New Yerk in and around

Inc.,

retail

at

around

anu

;

Co.,

Gas

gas

in

corporation which dis¬
Binghamton, Endi-

York

New

New York

In

and

Keystone

Horseheads

a

City

natural

over

.

Gas

retail

at

jurisdiction

reserved

following:

the

corporation
operating a gas
extending across the southern part of New York
7» * .
;
•.
: •»"
■
• '•

system
.7

gas

of

York

New

a

additional

$04,824,222

bouisse,

3,615,375

retainability
Co.,

c2) ' Blnghatntor.

Co.;

Goodbody A Co.; Hallgarten A Co.;
Ira Haupt A Co.; Hayden
Stone A Co : H Hent" A Co.:
Hill Richards A Co.; Hooker A Fay; Howard, Weil, Lik

285,000

transmission

4,003,248 Texas Co. 70,050 shares of common stock (par $25>.

after

Life Insurance Co. 250,000 shares of
Price, $10.50 per share. Under¬
written by Lehman Brothers;
Allen A Company; A. C.
All.vn A Co., Inc.; Bache A Co.; Ball, Burge A Kraus;
J. Barth A Co.; Bateman,
Eichler A Co.; Bear, Stearns
A Co.; A. G. Becker A Co. Inc.; Berkson, Morson A Co.;
Blair A Co. Inc.; Boettcher A Co.; Eosworth, Sullivan A
Co., Inc.; Burnham A Co.; Cantor, Fitzgerald A Co;, Inc.;
C. F. Cassell A Co., Inc.; Courts A Co.; Crowell, Weedon
A Co.; Cruttenden A Co.; Dempsey-Tegeler A Co.; Dixon
Bretscher Noonan Inc.; Francis I duPont A Co.; F. Ebersladt A Co.; A. G. Edwards A Sons; Ellis, Holyoke A Co.;
Emanuel, Deetjen A Co.; Farwell, Chapman A Co.; First
California Co. (Inc.); Freehling, Meyerhoff A Co.; Fridley,

4,125,000 Beneficial

First

Price,

$25/,

(par

Gas

Commission

the

However,

the

of

Home

distributes

(Indiana)

Co.

Act.

question

(1)

Blyth A

by

Inc. 2,400

Co.,

&

Oil

5,975,000 Standard

Offered

fhaie.

per

,

shares of common stock
Price, $18.50 par share.
Offered by Robert
Co., Inc. to residents of State of Wisconsin.

(Ed.)

the

ol

the

State;■

$21.75

Completed.

44,400 Schuster

(income

Oversubscribed.

1,957,500 Arkansas

Offered by Blyth A Co.,

'

Price,

SI).

(par

Co., Inc.,

A

Sons;

A

"i

ards

stock

common

54,375 San Jacinto Petroleum Corp. 2,500 shares of common stock

Co.;

A

Edwards

"

of

Plywood Corp. 3,000 shares of common stock (par
Price, $15 per share.
Offered by Blyth A Co., Inc.

$1).

Courts A Co.;

Tegeler

r

compliance

Holding

Roddis

Inc.; Bosworth, Sullivan A Co., Inc.; Bramman-SchmidtBusch, Inc.; P. W. Brooks A Co. Inc.; Brush, Slocuinb A
Co.
Inc.; Central Republic
Co. (Inc.); Clark, Dodge A
Co.;

Offered

shares

50,000

Price, $25 per share.

(par $1).
Inc.

Co.

Cement

1,250,000 Permanente

6,122,466 Anheuser-Busch, Inc. 328.723 shares of common stock (par
$4 f,
price,
$18,627
per
share.
Underwritten by Lee
Higginson Corp.; A. C. Allyn A Co., Inc.; Bacon, Whipple
A
Co.; Ball. Barge A Kraus; Bateman, Eichler A Co.;
A. G. Becker A Co. Inc.; Blair A Co. Inc.;
Blyth A Co.,
1

stock (par
by Morgan

common

share.

per

Stanley A Co.; Clark, Dodge A Co., and Hemphill, Noyes
A Co.
Completed.
' * '

Townsend, Crouter A
Bodine; Clement A. Evans A Co., Inc.; Janney, Dulles A
Co., Inc.; Joseph,- Mellen A Miller, Inc.; Laird A Com¬
pany. Corp.; Maxon-Hagan,
Inc.; W. H. Newbold's Son A
Co.;
Yurnall, Biddle A Co.; Bateman, Eichler A Co.;
Boenning A Co.; Burnham
and Co.; Newburger A Co.;
Woodcock, Hess A Co., Inc.; Warren W. York A Co. Inc.;
Chace, Whiteside, West A Winslow, Inc.; Collett A Com¬
pany, Inc.; Julien Collins A Co.; Norman W. Eiseman A
Co.,
Inc.;
Howard, Weil, Labouisse, Friedrichs A Co.;
Mullaney. Wells A Co.; Suplee, Yeatman A Co., Inc., and
Thayer. Baker A Co. Oversubscribed.
DeHaven

Co.;

A

C rotten den

$42.127

Price,

shares of

60.52(1

Co.

Elevator

$0.25).

Union

Dillon,

Eastman

2,549,405 Otis

share.

S1C.25 per

by Columbia with the integration requirements of the
Company
Act,
the Commission concluded that
the major
of the System properties, including particularly the subsidi¬
aries operating in
the areas oi Ohio,-West
Virginia,.* and -western
Pennsylvania could be retained by Cohimbia as constituting--a single
integrated system, or three Integrated systems satisfying the stand¬
to

portion

Oversubscribed.

Co., Inc.

steam

During

plant and $17,900,000 for common plant.
the remainder of 1957 the construction program

will involve

Volume

186

Number

5685

.

.

The Commercial and Financial Chronicle

.

(1845)
,,expenditures' estimated at
the

at

rate

of

about

to

purchase

the

Curl M. Loeb,

&

,

CO.

G.

$12,800,000

Rodman & Renshaw

330,000*

•;

Kraus;,

Sutro

»

4s

Co.

^Courts

<fc

Co.i_^^

Granbery,

1.375,000

f

.Adams

Sc

,.

The

-

"Stroud & Co., Inc
C. F. Childs &

.J.

A.

■*

!_•

'Pairish &

DeHaven

550,000

Townsend,

v

Evans

& -C«V Inp-iLlJ'

Halle

Moore, Leonard
Lynch
::

.

440,000

.

&
440,000

Sc

165,000

' $806,200

.

-after

period' last

'

taxes

year.

16

v

reported

&

r

.

165,000

with

110,000

;

'

-

.

..

will

$42.25
to

of

offered

be

income for

Net

the

per' share based

three

months ended

837.500

on

compared with 70c a share
comparable 1956 quarter.

on

shares

the

Sept.

of

30,

!

'

'

cancel

reduce

or

same

number

four

new

include:

being

are

booklet,

Service

stock,
and

in

to

subscribe

;•

for

'•

Salol

tor -use
was

In

"•?.

;

products

announced by

In
for

•

and

(phenyl

salicylate),

In

used

commercial

"Dow

Light Absorbers,"

light,, degradation

affected

this

is

in

Dregser Industries,

the

-

.

Oct.

on

Sales

were

524.

p.

had

Sept.

earnings

of

,

$1,028,300

after

in

taxes

nine

the

Undcr

equal to $1.23 per share, as against
and $1.72 per share in the same period the year before.
$8,024,400 arid $7,636,100 in" the respective periods.—V. 186,

$1,441,600

.

24

by

..

...

'

.

30,

t
'

Of

This

to

Association-on

Oct.

23

filed

covering, 240,000 shares of its

It

will

TBS

and

Net proceeds will be

plastic

'

f

be

favorable

<

for

used

formulations,

The

Los

company's

Midland,

in

Sept. 30—

Angeles;
Dallas,

Dresser

subsidiary

.

Mich.—V.

with

of

*.

and

these

about

are

from

Dresser

Dresser

of

sales

of

after

this

taxes

a

Minority

of

come

Net

interest in

and

chemical

with

the

structure

.

addition

and

shares

34,112,000
1,208.000

but

non¬

13,364,000

32,904,000

of

11,201,038

of

will

that

about

rise

Can

Co.,

Inc.

Reed

and

and

technical

broaden

quarters

Dresser's

of

first

It

the

is

after

the

that

quarters

were

its

$54,744,000

intention

the

of

Dresser

product

Mich.;

South

board

fiscal

current

Mr.

management,

This

This

company

on

*

50,000

square-foot

lad.;- to

house
facilities.

111.,

Oct. 18 announced
light manufacturing

operations

transferred

for

plant

at

from

its

the

building

North

present

of

Spring

which

'

the.

of

end

estimates

October,
nojt

were

with

of

and

than 5'o

switches

the

for

exterior structure

employees

home

laundry

in

and,

the

when

The

in

*

Valley plant will be vacated and sold. Mr. Putze said.
Principal manufacturing operations of the company are in its Soreng
division at Schiller Park, 111., and A-P Controls division at
Milwaukee,
Wis;
With completion
of
the
new
Indiana
building its
other
plants will be
at
North
Manchester;
Bellwood
and
Melrose
-Park, 111.; Fremont, Ohio; Cooksville, Ontario, and Nljmegen, Holland.
addition

Irr

to

controls

for

,

valves; switches,
heating,
comriiercial
refrigeration
equipment.—V. 186. p. 727.

>

equipment,

home

laundry
thermostats • and

produces

to

and

other

the

automobile

air

M.

•

months
net

'

of the

of
of

Board

Oct.

filling

7

the

was

elected

vacancy

in

the

that

Directors.—V.

186,

p.*

Ciessie

.

and

..

-

as

Honorary Chairman

ing

* 1:".

"

M"

.

at the Irving Trust

Y., will up to 11 a.m.

from it- of $25,©00.000
also V. 186, p. 1628.

Co.,

on

C.

of

the

U,

,

of

contains

1917,

in

equal

185,

•*

compared with

the

'

all

of

totaled

year

that

thousands

of

walt's

the same

with

to

period

of

$1,129,274

$1.88

The

15.

du
f,
t

of

U.

company

du

per

decision

share

Pont's

G.M.

holdings
du

Pont

•

Court

District

23^

^

the

on

case

persons."

this

we

are

of
The

du. Pont.
were sufficient

would

June

Court's

holding

by

receive

-

the

ago,

$193,-

were

1956

third

$25,434,611,
last

period

share;

new

for

up

year.

with

compared

quarter
the

nearly

was

third

$283,-

quarter.

has. been

The

about

$19,-

and

of

improved plants
1957

these

has

and

equip¬

totaled- about

for

purposes

the

$38,-

is

year

was

than 95,000, an increase

more

186, p. 941.-

t

Co-.—Proposed Merger—

the

has

before

provides

Nov.

stockholders

is

20,

consider
be

the

paid

closing,

under

the

1.957

action.

all

on

including,

-firm

date

fixed

plan.
date,
the

that

on

dividend

in

neither

the

the

approve

consummated

to

that,

1957,

Any

those

ESB

dividend

shares

of

ESB

distributed

to

plan.

Counsel Appointed—
appointed

relations

Qartley

counsel,

President.—V.

it

186,

Associates.

&

announced

was

Inc.

on

its

as

Oct.

24

by

941.

p.

Communications* Inc.—Gets Large Contract

totaling

than $12,000,000 have been given this corpora¬

more

which

case,

on

in

The

the

vital

the

the

electronic

made

to

to

by

vote

a

dismissal ' of

G.M.

stock

High

a

of

four

Federal

create

preference

„

in

a

effect

to

two,

orders

company,

supplying

M.

the

target

which

and

Inc.

Hughes

contract

awarded

production

of

the

the

follows

the

company

last

highly-specialized

to

year

raise

more

Electronic

Communications Inc. backlog for
$20,000,000, the largest in the history of

than

which early

this

p. 2331.

-

ThLs

company on Oct.
16 announced that its dividend rate, which
been 15 cents a quarter for the past year, is being reduced to a
nominal basis of five cents a
quarter until a sound earnings trend

justifies

a higher rate.
G. Shennan, President, said the directors based their decision on
continuing loss position foreseen for the immediate future. -.But he

J.
a

that

next

-

reversed

he

complaint
that
in- control

objective survey of the
Elgin will return to

indicate

year.

,

explained.

The

record
--

"an

operations and
basis by late
1
v
He said the five-cent rate was adopted in lieu of omitting dividends
because
the board believes
the
company's resources are more than
adequate to absorb a modest shrinkage of working capital. No substan¬
tial deterioration of the firm's strong financial position is expected,
prospects"

since

requirements.

of

It sets the most
point where the
In fact, it auto¬

the

has

resulted

G.M.'s

location

to

Elgin National Watch Co.—Cuts Dividend Rate—

-

Mr.

found that d"
Pont's-G.M.
"reasonable
probability" .that

the

fly

year changed its name from Air Asso¬
ciates, Inc., although retaining the latter name for its Aircraft Supplies

Court

in

in

to

Communications

contract

development

Division.—V. 185,

concern

shareholders

aircraft

equipment used in the Hughes system.

new

fiscal

the

you

first

guess-work

the

Electronic

$5,000,000

for

year

noted

of

matter

for

launched at exactly the correct instant.

present

original

com¬

G.

although

all

regardless- of the degree of visibility.
course

controls the plane from the moment it clears the runway,
it also locates the enemy aircraft, prepares and fires the armament
and returns the aircraft to Its base.

-

-

a

write

is

shall

eliminates

long range,

and

:.

-

.

innocent

last

taxes

matically

earned

the

on

holdings

Pont's

background

"Since

the

8*

were

date

to

agreement

the

will

alter

-

public

armament 4s

1956.

ruling.

Supreme
S.

on

third

year

\

and

21,

time

stockholders

advantageous

1992.

p.

Court

Supreme

..

stockholders,

comments

the Court's

•'

concluded,

Pont

du

same

•

of

on
the currently out¬
the company's best third quarter

'

dividend

a

closing

that

Electronic

at

1,059,128

from time to time
important developments in the litigation take place."
Mr. Greenc-

as

-

■

-letter

quarter

the

shareowners
'

meet. Nov.

Norberg,

system

sales, Rudy A.

recognize, as the trial Court did, the importance of finding
a
solution, consistent with the Supreme Court's decision, which will
avoid serious economic dislocations and heavy tax burdens to many
The

These

the

systems in the F-102 and F-106 interceptor aircraft, it was announced
by F. W. Godsey, Jr., President.
The Hughes system is a
precise enemy aircraft interceptor control

more

"We

to

was

quarters

budgeted

event

outstanding

These

reviews

only
-

were

year.

about

because

corresponding

$10,000,000 -in

in

three

plan

pay

the

_

this

compares

1956,

S.

which -briefly

letter,
in

hundreds

York

or

at

Orders

-

(EST) on Nov. 6 receive bids for the purchase
first mortgage. bonds due Nov. 1; 1987.' See




reviewing

the

the same time last year.—V.

over

in

will

F.

♦

Its GM Stock—

Greencv.alt wrote:'.-

;

a

New

closing

financial

.

'

of

•

Wall St..

This

outstanding.—V.

then

that

8.

companies,

This

said,

holdings of General Motors stock was sent to du Pont's nearly
H. Greenewalt, President, on Oct. 17.

The

back

caused

-

one

months

nine

about

Public Relations

year.
After provision for estimated taxes,
$1,190,520, equal to $1.97 per share on the

to

of

first

declare

200.000 shareholders by Crawford

Dayton Power & Light Co.—Bids Nov. 6—
companji

increased

taxes,

this year, as

sold

barrels

outstanding.

shares

letter

pany's

*

-

preceding

in

gain
was

U.

approve

stock

(E. I.) duPont deNemours & Co. (Inc.)—Reviews Rul¬

home

the Board
announcement by

a
director of "this company, according to. an
Miller, Chairman of the Board.—V. 184, p. 1690.

:.The
N.

Cummins has retired

as

Irwin

'•

L.

income

months

nine

1,112,310

amounted

last.

be

to

taxes

equal to $1.32 a
third quarter, based

j

the

Executive

position

1628.

the

first

601,812

Franks R.
S.
Kaplan.- Mr.
Darbaker
will
the company and will also serve as Acting

of

with

shares

the

in

conditioning

Chief

of

income

605,312

CummiiMS Engine Co.; Inc.—Cummins Retires—

.

'

on

company,

continue

Chairman

;

Darbaker

this

the. recent death
as- President

by

.-

;

of

first

the

than

income

the

to

Ray-O-Vac

'

Copperweld Steel Go.—Darbaker Chief Exec. Officer.
James

for

1957

expected

were

amount

1

Assuming

company

for

controls

Federal

months of

nine

the. 5%
earnings

outside

company and Ray-O-Vac Co. of Madison,
Wis., on Oct. 21
stockholders proxy statements, {including pertinent
exhibits,
special meetings to be held by both companies on Nov. 19,
Stockholders of both companies will be asked to-

board

Earnings before estimate^ taxes for the nine-months period amounted
$2,468,791. This compares with $2,341,195 in the corresponding nine

A

Officer

sales

compared

as

Spring

Products

•

for

,

manufacture

industry.

first

the

lor

net

by Hughes Aircraft Co.. for airborne communications and data-link
equipment to be used in the Hughes automatic electronic fire control

same
period in 1956, despite a drop of 4.8in barrel
Moritz, President, announced on Oct. 22.

Cost

Barrel

plant will be a one-story, brick
production, will house some 300

timers

January.

,

The
full

for'

scheduled

occupancy

disclosed.

in

tion

provision

after

Earnings,

of

S.

third

in

investment

the

The

declared

Drevvrys Limited U.S.A., Inc.—Earnings Show Increase

Valley,

of approximately
quarters of, 1956. One of

between

gain

are

U.

the

1956

increase

reorganization

for

1049.

p.

the

will

a

Putze, President, said a 10-acre site donated by the city is
being prepared for ground breaking and the start of construction by

1

186,

in

the

Manchester,

Louis

;

-'

plans

rate.—V.

$1.80

$3.16

reorganization plan and agreement previously approved
by. their boards
of
directors.
The
plan
provides
for
the
combination of . the
two
companies through an exchange of shares.
As approved ar.d recommended
by the directors of botlv

outstanding common stock from the present $1.80 to a rate of
annually.
Gardner-Denver has also been paying dividends at the

$2

common

were

the

1957.

•

Colo.;

Mallon

in

$22,214,888

company's

mailed

for

Employees
year,

earnings
the

during

•

then

Controls Co. of America—To Build New Plant—

,

1956

increase

an

companies

quarters
year

lower

to

Electric Storage Battery

has been completed in early 1958, to recommend
directors increase the annual dividend rate on it,s

of

Net

of about 4 Vii %

lines,

Dallas.

and

Africa.

8%

working capital during the

Messrs.

acquisition

the

for

best

now

first three

associated

The number of Kodak

;

coverage

the current calendar year, Gardnerand
net earnings were $6,188,000,

of

19; 191,123

on

in¬

an

the

$60,000,000.

to $3.38 per share.
These results represent increases of
in sales and 12.8't in earnings over the same period in 1956.

about Hi''a

last

three

sales

is

year

an-

in

The

services

acceptance,

City,

and

share

earnings

shares

provided for this purpose.
third quarter (12 weeks ended Sept.
10%
more
than
the $175,589,406 in

was

the

share

a

ment

total

the

1956.

the

equivalent

Inc.

the

in

For

Denver's

$2.96
Co.,

during

three

.

$500,690,837

Tills

in- 1956,

reported

difference

the

and

subject

about

000,000.

product

Brazil

the

over

$65,655,957.

000,000.

comprise

half

taxes

the

first-three
which for the

-

000,000,

31, sales were $198,582,000 and net earnings were $14,639,000,
equivalent to $3.27 per share.
These results represent increases of
approximately 20',a
in sales and
IO'.'o
in earnings over the same

11,166,302

$1.26
; $1.191 •'
$2.94
Hazel-Atlas Glass Co. and Robert Gair

merged with Continental
the year.—V. 186, p. 316.

first

the

period
11,166,302

S.

524.«..

p.

1956 three quarters.

the

This
for both sales and earnings.
Working capital at the end of

ends Oct.

33,108,000

11,201,038

U.

of

standing 19,191,123 shares.

,

units

for

for

quarter, earnings

$1.15

in addition to Gard¬

Employees total 16,000.
plants are in Quincy, 111.; Denver,

are

to

quarters

the

over

Third

executive

France.

Grand Haven
in Canada,

Mo.;

plants

a

Virginia.—V.-186,

$139,255,957,

were

reasons

are

in

14V->%

;
,

in

quarter,

4,500.

For

' 1,224,000

share

com.

total

34,332,000

407,000

14,137,000

results

Foreign

to

outstd.

per

were

quarter

13,771,000

and

West

$60,968,204

number

received-from,

1950,

494,157,

Gardner-Denver

Gardner-Denver's

of

world-wide

Three

the

earnings

before

Sales

Pacific Pumps, Inc.,
Connersvillc, Ind.;
and

will

the

in the corresponding

12.2%

$71,310,393

States

Mexico

LaGrange,

715,000

400.000

stock

^Includes

628,000

14,537,000

applicable

common

than

,

said.

Leece

Gardner-Denver's

37,524,000

206,000

materially, higher

already paid, on; them in foreign countries.
Consequently, a larger
proportion of these dividends is carried
directly to net earnings than
for earnings derived from
operations in this country..
>
Provision for income taxes amounted to $73,600,000.
A

Industries," known

and

year,

industries,

United

Argentina,

72,571,000

34,423,000

dividends

Balance

Earnings

69.163,000

15,022,000

169.000

L

which

"$

in?

income

Preferred

Com;

$

28,999,000

subsidiary.—

earlier;

year-

that-earnings

major supplier of steam
new large capacity mine

a

increase of 0%

an

over

on

principal

as

Y.;

equipment

based

dividends,

plants are located at Bradford, Pa.; Dallas,
Houston, Tex.; Olean, N. Y.; New Orleans,
Columbus, Ohio; Los Angeles, Huntington Park and Whittier,'
Calif.; Conncrsville, Ind.; Malvern and Magna Cove, Ark.; Graybull,
Wyo.; and Tulsa, Okla.
Its foreign facilities are located in Canada,
England,
Italy,
Holland, Switzerland, Germany, Greece, Venezuela,

295,417,000 805,186,000 774,789,000

14,219,000

:—

be

to

stock

common
a

said

-

northern

$541,471*866,

outstanding.

larger

■

acquisition,

of

fields

and

of

about

dividends

machinery and' equipment.

the

$196,000,000

Inc.

producer

gas

of

.earnings

La.:

28, f 25.000

minority; interest

of
shares

President,

-

5%-over-the $132,278,597

'

reorganization.

of

leading

distribution

taxes

Income

expected

are

shares

2,615,387
Bird,

corresponding period in 1956.
earnings after taxes amounted

Pre-tax

186,

•

"
:
will form Gardner-Dresser,

Combined

Tex.

,

1957—9 Mos.—'1956

$

312.569,000

revs.

before inc.

Income

oper.

H.

outstanding, but were
$3.32 per share on the-18,277,260 shares
outstanding a year' ago.
Common shares outstanding were increased Jan. 21, 1957,
by payment
Kof a
stock dividend.
Earnings-were 12.15&. of sales, compared

Technical

of which Leecc will be chief
thus combine complementary

will

markets

Industries,

Dresser,
a
for
the oil,

v

Gardner

1957—3 Mos.—* 1956
$

&

2,733,002

and

E.

-

the

share

a

Beaumont; Brownsville and

rer. End.

1957

1957

year

"

.shares

used

compressors,
pumps,
rock drills and air
with four present subsidiaries ol' Dresser

Company,
and

tax-free

a

Clark Brothers Co., Olean, N.
Roots-Connersvllle Blower Co.,

Gardner-Dresser
of

Continental Can Co., Inc. (& Subs.)^—Earnings—

Net. sales

the

>

the

are

Dresser's

I

30,

were

,

be

polishes,

companies have a sales volume
and total assets of about $250,000,000.-

owned

companies that

Ideco,
.

1912,

p.

lines

•

added

184,

the

a year
earlier.
Third-quarter-sales
$45,315,651, compared with $40,054,852

to

.previous three quarters earnings total.
Net earnings were equal to $3.40 per.

but

■

in

into a full line
will be headquartered at Quincy,'111.

ner-Denver,

general

opportunities raise.—V.

for

share

a

rose

stockholders,

Fairmont-area

Net

giving detailed information
light absorbers and

from

manufacturing divisions
It

to the general funds of the Association
corporate purposes, including the retirement. of maturing certificates ot indebtedness, redemptions on request
of certificates of indebtedness prior to maturity and of 5Vuf,i preferred
stock, the possible improvement and expansion of present facilities, and
the
acquisition- of manufacturing plants and crude oil properties if
will

Sept.

to

amounted-to

DBR

combined

year

Gardner-Dresser

competitive

a
registration statement with the
SVa^ preferred stock (cumulative

earned before patronage refunds), and
4,000 shares of 4%
preferred'stock (cumulative to extent earned before patronage
The Association proposes to offer these shares for sale at
$25 per share each.
No -underwriting is involved.
...

cents

company,

the

for

(tert-butyl

Mallon, Chairman of Dresseh and Ralph
Leece, Chairman and President: of Gardner-

combined

Gardner-Dresser

extent

and

sales

,

N.

The
a

wholly

new

a

officer,.

refunds).
,

coal

mechanization,

Sales and earnings of this
company continued to advance in the
;first -three-quarters of 1957 and were -the best the company has bad
for a corresponding
period, Thomas J. Hargrave, Chairman,, and Albert
£. Chapman, President, reported on Oct. 21.
Consolidated sales of the company's United States establishments
for
the
first -three-quarters ,..(36
weeks
ended
Sept.
8)
of
1957

..

Inc.—Proposed Acquisition—

produces

be

form

as

second

'i

showed

Increased

ago.

Eastman. Kodak Co.—Sales and
Earnings Rise-— '

mechanisms,

available

Gardner-D.enver cohimoii

tools.

Consumers Cooperative Association, Kansas City, Mo.

SEC

56

at

ftili

1956.

in

the

Gardner-Denver

'—Registers Preferred Stock Sale With SEC—
,

H.

G,-'. V.

to

\

year

,

acquisition,, plan, shareholders of Gardner-Denver will
receive one share of Dresser common stock in exchange for each share

1957,

'..V

,

and

respectively.
of about $350,000,000

-

.

ended

with

stockholders

a

$8,662,758. or $3.11
$5,390,672. or $2.06, for
the first nine xnoajths
$127,02o\P35 a year ago.
were

for

revenues

to improve its position as
coal to utilities.,is
planning construction of

by

Acquisition by this corporation of Gardner-Denver Co.,
Quincy, 111.,
subject to approval by shareholders of both
companies, was announced

jointly

$4,199,300

were

quarter.

corporation

to

of

quarter.' There

letter

a

This

company

-.

Denver,

The

1956

crease

Development' Department

G. ^"Gardner

months

.

from

up

the

in

■

(5-chloro-2-hydroxybenzophenone)

procedures,

in the latest quarter, compared with sales of $2,949,100 in the like 1956

.

and

compared

report

6ahead

operating revenues

the

the

shares

of

$142,809,193,

quarterly

outstanding

ninth

'

J-

-•

also announced that sales

8ales

their

1628.

p.

•

1

-

Smith W. Storey. President,

111.'

p.

said, continues to increase profits from mining operations. *Third; quarter net earnings amounted to 65 cento a share of common

,

its

—

.

formulating

amounted to
outstanding,

1957
stock

common

were

months

'

96c

period of 1956.

1957

..

eligible

employees*; stock pqrehase plan, the
payroll deduction basis. ' >
eligible employees may subscribe for

a

186,

report

share

per

associated compa¬

.

be

Waxes, suntan lotions and outdoor furniture.

.

.

same

nine

only Salol has previously been sold, to the trade.
Additional
products in which these light absorbers may
Include - synthetic fibers, dyes,
paints, lacquers, adhesives,

Paul "/"*

quarter earnings of
in the corresponding

$584,400

on

may

products

All

■

,

165,000

;

Inc

third

the

1958.

Corp.—Reports Increased Earns. ■/j about ultraviolet

compared

'-T >

.

1957-58

phenyl salicylate), IICB
(dibenzoylresorclnol).

'

Oct,

r

\

and certain
j

12.

The

,

165,000

A

corporation-on

the

subsidiaries

employees

Light Absorbers

-i»et.

on

1625.

Consolidated Cement

its

-

above.—V.

per

earnings .Js a non-recurring tax
share of common.—V. .186, p. 524. .'
" *•

A new family of light absorbers
ultraviolet .radiations fnom the sun

f

This-

:

Co.

dividends and- State tax refund requirements,
share of common stock, compared with

preferreu

final

ijew

•

-

165,000
166,-000

-•

Bogan

Babcock & Wilcox

Eastern Gas & Fuel Associates—Net
Tops Year Ago—
For the nine months ended Sept. 30 net earnings, after preferred

;

$1.39

for

.

J

Co.,

$$2.27

provision

subscriptions at any time
payment.
Directors of the company are excluded from
the plan as in- the past, but otner
employees on the payroll Oct. 21
are eligible
to subscribe.
'
- <
f-•

165,000

Co.,

Dabney

August

prior to

16.5,000
Sc

after

the. 1957
per

30,000

offered

Subscribers

220,000

.

Inc..'

Sheridan

186," p.

-

Townsend, Graff & Co.

'•
V.

>

___________

Tyson

440,000

of

220,000

Co

Emerson

Duquesne Light Co.—Awards Boiler Contract—
See

:

As in previous plans,
stock
up to
10'c
of
their
annual
wage
or
salary.. Subscriptions will be
received by the company Nov. 4
through Nov. 22.
Payroll deductions
will start in early December and will be
completed about the'-middle

-' •>

..,

Inc..

&

Townsend,

Shumuh, Agnew & Co.

.

,

Co.,

Irving Lundborg & Co.
Newburger & Co
Thayer, Baker & Co._

'

.440,000

* Model, Roland & Stone

i

L.

Inc.

440,000

Stiegiltz—,I_;'

&

Co.

Carey.
H.

*

•

440,000

.,

&

-

.

Bioren Sc Co..
_«
Cunningham, Gunn &

550,000

Co.

&

1948

220,000-

Sutro-Bros

•

550,000

Crouter & Bodine

<

McGlone

Mosley

Inc.--s-t- 550,000

Co.,

und^r

since

220,00(P

;.

Suplee, Yeatman,

825.000

Coj5_______.

stock

220.000

....

..a.*,'

•

•

Inc;

-

825,000 ''

Hogle & Co.__^_

Mackall &

J

*•

Qo^

Corp,.-A-^--.Carl

825,000

Co.___^c_v_

---

Approximately

Interstate Securities
.

825,000

Milwaukee Co._l

The- Ohio

Ferris &

825,000
825,000

■

•

net

are

Co.—Stock Price Set—

employees and those of

220,000

Co.,;

&

in

cents

12

",

2—

share

1956

$13,090,644
$715,221
424,544
283,700 "
268,910

_-_

company on Oct. 23 announced
a
price of
issue- of 200,000 shares of its common stock

-

nies.

220,000

—

—_

880,000

Peck^—__

A. E. Ames & Co., Inc,
Goodbody & Co.- _c~;
H. Hentz &t Co.IIJI'.J

«

220,000

C.-Collings
-Ine.L

■

ah.

'on-

Inc

C.

1,100,000

■

The

Chace, Whiteside, West
& Winslow, Inc.

equal to

1957

Eastern's

Brush, Slocumb & Co.

Marache Sc

the Government's
"proposed plan of compliance"; Dec. 24
defendants' plan
or; comments,
and Jan.
23, 1958, as the
for the Government's reply.—V. 186.
p.
213.

the

$14,155,053

share—__2

common

Dow Chemical

.

275,000

1,100,000
1,100,000

-

-

2

outstanding

common

per

dividends.^ tlncluded
benefit

275,000

*

I

1,500,000

•

shares
per

tax—

275,000

Co., Inc..
Sulzberger &

Co._-___

1

-

Co.—

after

"Earnings

330,000

•

&

Hallowcll,

1,600.000

'

„

Southwest

Galrdner

<

earnings

"Earned

330,000*

_

Co..

&

First

1.650,000
1,650.000

Co.

Net

Common

Hewitt.

'i

•
_____

330,000

2,200,000
2,200,000

&

Haupt <fc
S. Smithers

Nine Months Ended September 30—
sales

Net

330,000-

-

j,

Co.Kreeger &

A. E. Masten & Co

\

for

LaBuy of the U., S. District Court in Chicago, to
Supreme Court returned the case, -set Oct.' 25 as the

for

deadline

Detrex Chemical Industries, Inc.—Earnings Increased

v

330,000
330,000

r

Jones,
,

Anthony Sc. R.

&

$330,000

3,000,000

.W. C. Langley Sc.. Co..
Blunt Ellis & Simmons

J

Co.-_

.

Walter J.

the

Securities

2,500.000

Co.,

Co..

&

-"F.
J.: Barth

i

)

Carolina

,

Judge
whom

deadline

$800,000 nine-year sinking fund notes.

Elworthy &

i

L. Day
Ball; Burge

f

following

Corp.
Crowell, Weedon & Co.

3,000,000

o._

Sc

Dead River Co., Bangor, Me.—Notes Sold
Privately:—
The company has placed
privately with the Berkshire
Life Insurance Co. and Merrill5 Trust
Co. an issue of

~

severally agreed
respective
principal

Cruttenden, Podesta &

;

Ira

through 1961

'

*'

Rhoades

Becker

Reynolds

r-

•

have

3,000,000

&

Inc.

Tucker.

'

■»

**'•*"

Hemphill, Noyes & Co.

A.

the

company

Co._—

-1

continue

below

3,000,000

duPont

I.

Francis

will

and

year.

named

*

The First Boston Corp.
A. C. Allyn & Co., Inc.
1

a

purchasers

the bonds:

of

amounts

from

$30,000,000

$150,000,000

PURCHASERS—The

9

,For

•

dividend

Nov.

the- 28

weeks

company's

a

profitable

,

1

declared

just

21.

,

is

payable

Dec.

12

to
\

t

ended Sept.

ing toss of $605,648 on

the company

shareholders of
'

*

r ;■

reported an operat¬
consolidated net sales of $16,229,351. This com14,

The Commercial and Financial Chronicle

of $21,197,449

sales

KdlttoS-

$115,486, equal to 13 cents per
during the same period

earnings of

with

nared

solidated

in closing the Wadsworth

to

;v>

line

development

new

fresh water,
Silencer Co., a subsidiary, distillation
idants
of 16 000 gallon-per-day capacity are
scheduled for January
installation at Castle Harbour Hotel, Tucker's Town
Bermuda and

Rockefeller-sponsored
By eliminating the need for costly water imports
fhf.
units
are
expected to pay for themselves in
Maxim evaporator la a self-contained •*<*»«..;•
the ocean and the fresh water system.—V. 18O, p.
Plantation,

Bav

With

in time of drought,
a few years. The

The

1261.

220.2

inches

has

It

wheelbase

a

ended Sept.

before

Profit

30,

amounted

1957

taxes

operating income derived from the

-

group

of

186,

sale of certain securities in the fir$t

The

,

Cuban

cobalt

and

be

of

a

Moa

in 1959.
the experience

and

a

of

operation

of

In

year

the

form

of

nickel

Present

plans

for ;the

call

the

*

.

from

mined

.

Frontier Refining

Up 30%—

and

has

company

5%%

Co.,

Co.—To Redeem Debentures— /

called

for

convertible

interest.

accrued

Trust

Payment'-will

Colo.—V.

Denver

redemption

186,

Nov'

on

due

debentures
be

made

1049.

p.

set

in

1957; "all

1,

May

1961

1,

the

at

agreed

M
-7

Gardner-Denver Co.—Proposed
Dresser

942;

p.

number

The

number

20,706.974.
The
from 29,942.

to

Fund shareholders

of

shares

up

was

V-

;

-

Co.

declined to $3.62 from $4.00 at the end
the market value of most securities moved sub¬
186, p. 1503.

will

the

manufacture

of

Roper

'

•_

'

.

'

"

t

px-oducts

Roper

continue

will

at

the

will

for

will

the time being,

transferred

be

elected

be

to

and J.

Hobson

Mr.

H.

the

to

Mr. Wright said,

Stockholders

of

Florence

by

recommendation

a

Stove

Co.

directors

the

will meet
that tne

$1

common* stock

par

on

purchase

company

Oct.

the

to

stock

of

of

two

common

by amendment.
financing, appi-oximately

this

shares

14

to

vote

sell

for

will

$255,000

and

the

approximately '$205,000

cf

remainder

April

(Since

capital.

1,

all

1954.

of Gate City—Omaha has been

of

the

Hell-Quaker,
Milwaukee,
A

will

will

its

be

would

for

plan

invited
one

be

new

a

book

this
is
to

share

tendered

value.

would

approved,
tender

of

to

stock

between

the

At

be

about

be

jointly owned

Heil

by

Co.,

of

the

common

time

the

for

company,

for

each

Dec.

16,

transaction

three
1957,

record
purchase

shares

and

on

is

com¬

at

held.

March

14,

Nov.

$31.50

The
1958.

outstanding.—V. 173, p. 1988,

Slralis,; Blosser Ac Mc¬
Dowell „——1_
■„
Carl

350,000

Ac

McGlone

»•Inc.

r

200,000
>

•»•*

Co.;

-r—

150,000

—

•

350,000

Taylor, Rogers Ac Tracy

350,000

Winslow,

150,000

Inc.

&
_L.

-

Cohu Ac Stet150,000

Split

Castings* Corp.—Stock

Steel

3-for-2—

three-for-two. split-up of the $1

a

would
in

29

14
a

the

suit

y

1

*

*

time,

the

probably

wait

Interhandei

the
the

General

Justice

until
case

Aniline

to
to

Department

.

'

*.

•

i

•

.

i

A

J

>

■_

4

The

company

ended

on

Aug.

nine-months

figure of
same period

.

Inc.,

tures,

•<

radio,

wholly-owned

our
,

our

Giant Petroleum Corp., New
ed

Court handed down a decision
deciding whether to - call
for bids
186, p. 624.
.

entertainment

...

/'However,

York—Offering Suspend¬

by Securities and Exchange Commission—

The

.

stock.—V.

and

television

*
* '
<
* /'
profit-for the current nine-month
period before
including* the RKO Teleradio earnings, was 4.2% ahead of the com¬
parable 195Gi period."
v "
r
Total profit for the current nine months amounts to $1.61 per share
of common stock, said Mr. O'Neil,
after giving effect to the 3-for-l
stock split of last September.
Mr. O'Neil also said that the company
has just recently completed
the sale of $12,000,000 of subordinated debentures.—V.
186, p. 1629.

subsidiary.
*

i

:

review a lower court dis¬
regain control of General
officials
indicated
they

share, pay¬

per

Oct. 15 reported consolidated sales for the nine
31 of $311,091,049, as compared with last year's
$278,192,007. This was an increase of 11.8%
over
the
a year
ago, W. O'Neil, President, pointed out.
Estimated net earnings for the nine months ended Aug. 31, 1957,
were $8,545,592, al against $6,059,025 for the same nine months in 1956.
"But
these
figures are 'not comparable/' said Mr. O'Neil,
"since
the 1956 results did not include the earnings of RKO Teleradio Pic¬
,

months

High

the
before

'

■

cents

cash dividend of 40

a

General Tire & Rubber Co.—Profit Increased—

enemy-controlled.

was

Supreme Court agreed
brought- by Interhandei

Oct.

Securities

22,

respect
The

issued

has

from

exemption
to

a

order

and

order

announced

was

on

suspending a Regulation A
Securities Act of 1933 with

the

offering

opportunity

an

it

temporarily
under

public

proposed

provides

Conxmisj'on,

Exchange

an

registration

of

for

stock

hearing,

by

this

corporation.

request,

upon

on

the

.

General Foods Corp.
Period End. Sept. 30—

(& Subs.)—Earnings Show Gain.

1957—3 Months—;1956

1957—6 Months—1956

Earns,
Prov.

inc.

taxes

24,825,023

income

taxes

13,488,616

before
for

$

229.261.346

475,700,184

23,418,112
12,824.480

$

•

1

468,593,496 1

51,541,485

51,200,859

27,730,752

27,770,917

earnings

Divs.

on

shs.

11,336,407

10.593,632

23,810,733

23,429,942

stock

5,889,797

5.286,978

11.771,616

10,568,616

outstanding—,

11,783.123

11,754.289

11,783,123

11,754,289

share

$0.96

$0.90

common

'

Eains.

—V.

per

186,

p.

com.

'

$1.99

$2.02

1629.

-proposing
at

asserts
ments

that

the

omissions

offering

(b)

net

The

share

This Trust

registration

filed

Trust—Registers With SEC—

with the SEC

statement covering

ficial interest in the Trust.-r-V.

«n

amendment

an

additional

178, p. 757.

on

Oct.

250,000
*

-

'

17,^1957 to its

shares

of

bene¬

failure

of

of

inaccurate

and
be

i

vacated

A

Regulation

of

notification

omits

made

or

state

perma¬

contains
material

Among

22,

common

Commission

untrue

facts

such

July

of

state¬

necessary

misstatements

following:
(a)
The failure to disclose that
shares, bears
no
reasonable
relationship
assets to be acquired from the promoters;

to

disclose

that

stock

material

information

is

the

issuer's

negligible;

information

with

issuer.—V.

present
(ci

concerning,

or

income

net

and

the

the

failure

inclusion

respect.; to

production, reserves,/allow¬
prior
history of production,

interests,
dry-: holes,
secondary -recovery
efforts * on"-the

the

•

the

the

the

outstanding

acquired, by

on

shares

order,

circular

to

stated.

fractional

prior

150,000

suspension

facts

of

various

its

offering

and

the

the

are

price

disclose

ables,

facts

value

to

General Investors

be

offering" of

In

company's

misleading

the

its

public

share.

material
not

and

the

the

per

of

make

per

should

suspension

filed

corporation

•"-e

1957,

to

the

'

siock

to

Net

Whether

question
nent.

232,177.068

sales

a

stock

"

"

added

$5,000,000.
of

200,000
\

U

share-on the shares now outstanding.—V. 186, p. 1738.
,f
If

per

%

At

Aniline.

Com.

heating business and plant

stockholder

each


There
367,080
shares

are

to

company

Roebuck & Co.
official said the space

be

Sears,

Stove

said,

he

the

share,
.

sold

be

pleted.,
If

Inc.,

and

Florence

"

•Inc.

able, on Dec."31, 1957 to holders of record Dec. 20, 1957. This dividend,
being payable on the new shares to be distributed as well as on the
now outstanding. Will be
equivalent to a dividend of 60 cents

outstanding

epace

will

200,000

Rauscher, Pierce Ac Co

..shares

be

owned by Husky Oil Co.,

$

coixxpany

200,000

First Southwest Co.——

board also declared

The

bank borrowings and the remainder will
working capital.
Of the funds received by '

company's

Interhandei,
Oct.

On

Net

Nov.

Ac

-

30,000

proposes

operations

beating business and Lewisburg, Tenn., plant.
Under
a
plan approved by the directors,
the purchaser

and

Wyo.)

missal

Rockford

Sale of Unit—

on

Podesta
—'

value "common stoek. The'split-up will be effected by the distribu¬
on orrabout Nov.
15, 1957, of one additional share of stock for
two shares held of record at Nov. 1,
1957. - Arrangements will be
made to facilitate the settlement
by the stockholders of fractional

its

working

pany,

dryers,

the Florence plant at Kankakee, 111.
'
*
Makemson, Executive Vice-President of Rop«ff,
Florence board of directors.

Stockholders to Vote
ori

and eventually

250,000

Co.'——

A;

'Co.

par

to be supplied

are

borrowings

its

on

plant

McCormick

'

250,000

250,000

Simmons

tion,

Attorney General Brownell said no action would be taken at the
present
time
to
sell
the Government's
controlling
stock
interest
in this corporation.
%
General Aniline is the big chemical and dye maker seized, by the
U.
S.
Governmeixt
during World War II because the parent com¬

$2,500,000.
the

Ellis ,Ac

1629.

p.

General

-

•

•

General Aniline & Film Corp.—Sale Held Up—

inventory and accounts receivable would be acquired for notes totaling
of

of

v

and

Hammill

Co.,

Cruttenden,

500,000,

The' directors1,<>ii'Oct.'" T8 declared

*'

^

company's short-term

common

Corp. will continue to manufacture hydraulic pumps.
John P. Wright, President of Florence Stove, said the finished goods

Manufacture

of

Cody,

ranges

250.000

Blunt

A:

'

City—Boise, $50,000 will be applied to the reduction of short-term

bank

Roper

about

shares

the

for

The

proceeds

added

Gate

Co.—Proposed Acquisition—

over

the

the

•to

the manufacturing equipment

take

also

180,

250,000

250,000

William

750,000,

---"

-

-

.

250,000

750,000
".<■

'

$350,000

Ac-Co.;

Inc._2-J.¬
Blair. & Co-J

Blair

750,000.;

_

-

of

Baker,- Weeks & Co.Z-1

750,000"
,

/

■

severally

amounts'

Inc.

r*

Jackson

L z---

■'J

•=.

Whipple & Co._
W. Baird & Co.,

Bacon,
Robert

750,000
,750.000

-

Co.

for conversion

* ;•

Struthers

„

!

•'

Outstanding

.

.

$2,550,000

Co.'

-

be

the

as

on

.

respective

the

Wood,

Corp.,

Weeks

Ac

Shearson,;
—V.

»

of

acquisition Of all the stock of the Delaware corporation,
used in making Roper ranges
and
clothes dryers
for 12,000 shares of its common stock and an
undisclosed amount of cash on Oct. 31.
S.
H.
Hobson,
President of Roper, said that although Florence
well

.

F. S. Moseley Ac Co._;

prior preferred stock.
These outstanding shares are
owned by Gate City Steel, Inc.—Boise, a wholly-owned subsidiary.
Of
the balance of the proceeds, $700,000 will be applied to the reduction

will purchase the George D, Roper Corp. of Delaware,
subsidiary
of
the George D. Roper Corp., Rockford, 111.,

through

company

$15,000,000
•?«"
"2,079,942 shs.

stock reserved

the
company
below:
' %

Beane-

Paine, Webber,

each

shares

company

sales

a

as

proceeds '

The

cements.

-

Pierce,

First 'Boston

Hornblowei'

applied to the purchase and retirement of 1,286 outstanding shares of
the
company's participating preferred stock
and
1,126
outstanding

of 5,000 shares of common stock (par
$10) was made on Oct. 14 by Blyth & Co., Inc., at $32.25
per share, with a dealer's discount of 70 cents per share.
It was completed.—V. 184, p. 425.
Florence Stove

of

Of

ondary offering

This

well

from

forth

set

Lynph,

Smith, Barney Ac

to offer these securities for
sale through an underwriting group headed by The First Trust
Lincoln, Neb. The public offering price and underwriting terms

public

Stock Corp.—Secondary Offering—A sec¬

Bank

First

net

underwriters'" named''below ' have

? White, Weld Ac Co. .750.000

sinking fund series A cumulative preferred stoek (with

share).

for each issue

August last year as

stantially lower.—V.

oil

and

v:

Lehman Brothers

.

'

registration statement with the SEC

a

100.000

warrants

preferred

year

asset

Net
of

of 6 Va %

attached

year

before,
value per-share

the

share

a

Dade

260,369 shares of common

interests.

corporation filed

17,- 1957. covering

amounted to $2,571,255 or 14
cents a share, from $1,634,869 or 12 Va cents a share during fiscal 1956i
Nineteen fifty-seven capital gains payments to shareholders totaled
$2,277,767 or li cents a share, compared with $2,524,433 or 17 Va cents
the

for

distributions

the

of

outstanding revolving credit
company's general funds and
County, Florida, plant now under
the

value)j,ooo.OoO shs.

paii

Goldman, Sachs & Co.-

^

;

and

retire

to

'^Glo're; Porgan & Co%_4.% 750.000

Gate City Steel, Inc.-Omaha—Registers With SEC—
This

51%—to 45,361
Dividend

($1

myth & Co.; inc.,„-l,-.>

'

14,425,391

•

before

or

on

adjustments

to

$3,000,000

use

to

added

the

with

purchase

to

Fenner^ A:
>

its
102%-

Consolidation—

Industries,-Inc. nbove.-r-V. 186,

stock

common

each

of shareholders, income distributions, dividend
payments per share,
number and dollar amounts of investor pur¬
chases
of
fund shares
and FIF investment plans.
FIF
shares
outstanding
increased 43.5%
during the year—from

r

stock

Merrill

out¬

shares

Into

,

•debentures

of

at

interest.

accrued

International
-

v.

*

'

See

$57,751,533 on Aug. 30 a year ago.
told shareholders
records were also

of

and

be

'

outstanding

••

Offered—

the largest producers'of cement in the United States and,

Co.

gain in net assets during the fiscal 1957 enabled this Fund
record year-end total of $75,029,685 on Aug. 31, Charles
Smith, President,
reported on Oct. 7.
The record was made possible by an
increase of $17,278,152 overSmith

will

debentures

will

connection

-

then

pits,

open

and

subject

Ac Curtis.
-L —L-_L
500,000
a sulphuric acid leaching^ process
shipping the resulting concentrates to. Port Nickel, ' La.,'' for >- A: C.-Allyn 46c Cp':, Inc.
-« 350.000
final separation of the nickel and cobalt.
The Louisiana refinery will
A. G. Becker A: Co; Inc.
,*350,000
produce 50,000,000 pounds of nickel metal and 4,400,000 pounds of V" Hallgarten & Co.350,000
cobalt metal annually.—V. 186, p. 839. •
••
"
-1
'
--Laurence M. -Marks-& .

a

assets

company

the

of.

balance

UNDERWRITERS—The

nxining
"

/

share,

per

; Kidder,_ Peabody Ac Co.

r

,

convertible

be

'of,-debentures.;

•

complete

100%

at

before

'

standing

the'

*

the

,

in

-Common

$100,000,000
facility
generatorunits.
The

power

Co.—Debentures

CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING

V

new

turbine

be

to

ore

-

will

,

additional .'supply

an

,

;

..

chemically beneficiate it by means of

30%

Mr.

well»as

electricity generated by these units will
facility, including process equipment.

The

net

a

a

sale

The

is one .of

during

_

,

P.

in

and

?

j

5*1

-

The basis/of ^available, information, as to dollar sales in 1956,, ranked
;• sixth.,
• "
,'f .:
"»
..v
7
,

the -war,' the new
dependable source of> nickel closife at
oxide

1977

1,

at"$57.50

1967

"Exclusive of

-

"

•

Cement

cements,, white Portland cements

,

'nickel
plant will

*.•'

• j

.'

•

'

,

*«

is

consignment

.'
•
"% •- •'
Authorized.
'•5.%"subordinated debs, due Oct..'1,-1977 $15,000,000
*

undertaking
The

Coast

BUSINESS—Company is engaged in the manufacture and sale of
Portland cements of the usual types *4 regular, moderate heat, and high
early strength)
ahd
various
specialized
cements/ such as masonry

concentrate

Cuba.

West

or
other construction projects.
Proceeds of the revolving
credijnotea^ were.expended principally on the Dade' County plaht",
i

the

friendly country, as
provided by Canada.
Supplying the necessary power for
will
be
three
6,000
lew
Worthington

•

reach

Province,

first

construction,

pilot

a

operation is expected to become
hand

•

Financial Industrial Fund, Inc.—Net Assets

and

Oct.

debentures

the

used
-

parent cmopany gained through
plant to test the -various- processes
for recovering the nickel from the Iron ore before World War II
the actual operation of a plant producing 32 million pounds of

used

•

A

mine

.

with

successful

nickel
;

to

Oriente

Bay,

is

subsidiary,

a

installation

large

at

ore

completed
Armed

the

Nickel Co.,

American

-construction

The

areas.

Portland

PROCEEDS—The

.

1149.

p.

.I

•

short "time.

a

due

notes'.'

on

1956.—V.

metropolitan

V,;'J

1,

from

t

"

to

%

Freeport Sulphur Co.—Cuban Mining Venture-

'

'

its subsidiaries for the

1957 was $8,465,317, Including'
income of $1,299,460.
Earnings were equivalent to $1.15
the 7.381.806 shares of common stock currently outstanding. This compares with net income for the corresponding 1956 period
of $7,809,511, or $1.06 per share, calculated on the same basis.
It should be noted when comparing earnings after taxes for the 1957
and
1956 periods, that tax credits resulting from
prior years'," losses
sustained by certain subsidiaries reduced Foremost's Federal income tax
liability substantially below the normal 52% rate for the nine months

share

; ../

^

will be
redeemable at prices ranging from 105%
to par, while sinking fund
redemptions will be made at par, plus accrued interest in each case. V '

nonoperating
per

•

■

in

:

Oct.

charges, for the nine months oi

all

and

offer

..

tures

Pre-tax earnings for the previous year's corresponding months
$13,535,332. • ' <
Consolidated net income, after Federal and State taxes on income
,

warehouses with Opel parts,
dealers. Very few, if any, other
the parts availability of the

our

to

This offering was oversubscribed and the books closed.

quarter.
•were

its

of

Merrill Lynch, Pierce, Fenner & Beane and associates on
Oct.-23 offered $15,000,000 of 5% subordinated deben¬

$310,249,845 as against

to

able

be

;

.....

,

General

,

'

941.

V"

r

period of 1956.
V
I.
totaled $16,979,365, of which $1,732,614 was non-

comparable

the

for

dealers will

the terms and conditions
Ragsdale said.
-

Mr.

is

the
first two months—October and
November—shipments will ?
the Rekord. Starting -in December, and in subse- I
months, the-imports will include 800 Rekords and 200 of the r
'Caravan model, a two-door station wagon,—V. 186* pp. 1149 and 112,

Foremost Dairies, Inc.—Sales & Earnings Increased—
months

a

Ragsdale

The

$285,480,306

\

dealers in the United
franchising to be
ol October.

expects

end

quent

total of

extending our car line into the upper-medium price bracket,
for 1958 offers a big car with matching power and perform¬
throughout the entire range of the medium price field.", said
James J.
Nance,
General Manager of Lincoln and Mercury Division
and Vice-President of Ford Motor Co.—V. 186, p. 1503. V
>

Consolidated net sales of this corporation and

Buick
he

by the

zones

be- made up- only x>f

"By

nine

all

that

and

For

and

Mercury

inches and it is
1957 Mercurys.
? «

long—nine inches longer than the

virtually

Opel

stocking all
distinct advantage to

within

due

ance

acquired control of Fall River from Henry
cic Linde.' who received
$150,000 from the new group for a portion
Of Ills stock, returned additional shares to the company for a $o00,€00 note of the
company, and retained 250,000 of the 1,320,967 re¬
classified shares.
The new group is headed by Mark H. Btepelton.
President, of Colorado Springs, who owns ooO.OOO shares
(43.206%)
of the outstanding shares.
He and his associates received a total Of
9G9 395 shares in exchange for certain properties turned over to the
company:
and, according to the prospectus, the combined cost ol the
stockholdings of the promotion group is
$176,311.10 (including the
•$150,000 paid-to de Lindei and prooerties costing in excess of $o0,000.
The Commission's
order- challenges the adequacy and accuracy el
various
informational disclosures contained in Fall River's registra¬
tion
statement
and prospectus.
Among these are disclosures with
respect
to the nature of
the business done and intended to be
done, including plans for the utilization of the hydro-electric facili¬
ties, water rights, transportation properties, and mining properties;
the condition of the
hydro-electric properties and the appraised replacement cost thereof; the nature of the water rights, and the
appraised value thereof; the status of development of the mining
properties, the assays, and the expressed belief that the enterprise
will be a commercially profitable operation and. that richer ore with
depth will be found;
and the form and content of the financial
Information, including
the reflection therein of the aforementioned
appraisals and other arbitrary valuations of properties,
Furthermore, the order of the Commission challenges the adequacy
and
accuracy of information
with respect to the proposed plan of
distribution of the stock and the proposed use of the proceeds thereof;
transactions between Fall River and Its promoters;
and the interests
of persons having a
material relationship with Fall River, in prop¬
erties acqutred by Fall River within two years otherwise than in the
ordinary course of business,, the •amounts at which the
properties
were acquired and the cost of said properties to the sellers.—V. ,13G,
p.

.

II.

125

of

York

said
that' Buick
initially wili import " 1,000 Opels
frpim the .Adams/Opei Division of General Motors Corp.
Initial; shipmentsi'roin the Opel plant at Russelsheim, West Germany,
already'have arrived on the East Coast, and are on-sale by. Buick

Mercury

registration statement was filed with the Commission
oi
Aug
23
1957
It proposed the public offering of 500,000 shares
of
common
stock at
$2 per share. No underwriting is; involved.
According to the company's prospectus, it owns certain mining prop¬
erties
in addition to
its hydro-electric facilities, water rights, and
the Lucania transportation tunnel.
The power plant was last oper¬
ated in
1945.
The business intended to be carried on is that of a
nubile
utility
and the operation of the mining properties.
Mining
development is said to be in progress with the company reopening
The Kara Avis Mine In Gilpin County, Colorado.
'
new

Mr

V--V.tr

;

built.

ever

that

the

/Monthly

with three models, is the biggest and most luxu¬

Park Lane,

tiew

Mercury

''Opel"

of

1958 Opel Rekord two-door
to $1,994.64
at San |

New

at

selling agreement,"

already

foreign car
°pel"

j,-"

the Park Lane,

series called

Mercury"

"super

new

rious

River's

a

big

a

models.

20

directly connectln8

f

Recently

Mercury Series—

said

handle

Buick

which.is

four-door hardtop, a unique soft top conwell-known two-door hardtop,; All models

major styling and engineering changes in its full line of cars,
lor 1958 will blanket the Whole medium price market with a

Colorado Springs, Colo.—Stop
Order Proceedings Instituted by SEC—
The
Securities and Exchange Commission on Oct. 22 announced,
the institution of "stop order"
proceedings under the Securities Act
tit
1933
to determine
whether a registration statement filed by this
company
covering a proposed public offering of $1,000,000 of stock,
hoiild be suspended lor alleged failure to comply with the disclosure
requirements of the law.
A hearing for the purpose of taking e\ Sence therein is scheduled for Oct. 23, 1957, in the Commission s

PTJl

a

as

the

"Buick

expanded

an

traditional and elegant design of the Continental Mark

Also Announces New Super

Power Co.,

River

Fall

'1958 with

in

Price

Announces

—

$1,812.50

Opel'frarichi.se substantially parallels

"The

of

dealers

hotel in St. Joh, i.

new,

\

They will also be introduced in dealers' show¬
For the first time in history, Continental will

sedan,
the

well

as

advance the

upon

Caned

four-door

a

vertible

Bermuda
rain or imported
Developed
by The Maxim
of

oreas

denentl

luxury car field

the

November.

in

offer

inspired

of classic design,

automobile symbol

American

Corp.

from

through Buick's 30

In

nation

an

new era in
four models.

a

of

rooms

wili

"-ater

rresh

a

Continental,

opens

Co.—Installing Distillation Plants—
using the ocean as an inexhaustible well for
'oe pioneered this winter in the popular resoit
and tho Vlnrta W»ncto. Both tourist centers now

Emhart Mfgr.
ft

sedan,

lour-door

will

completed

Continental,

the

the

across

Ragsdale

States

will go on display in dealers',
November.
In each line there is a
four-door hardtop and a two-door hardtop coupe.

of

styling

the

Premiere and Lincoln Capri,

1958 Lincoln

models of the

Six

by

showrooms

Motors

range

Motors foreign car marketing program.

(Mich.)—New Models Announced—-

Motor Co.

Ford

The

A

'

^

Mr.

new

1503.

|i.

sedan-.will

Francisco, it was announced on Oct. 19 by Edward T. Ragsdale, General 5
J Manager of Buick and- Vice-President of General Motors.
additions V.* Buick .is distributing" the German-made ,Opel under the General

proceeds are to be used to pay for improvements and
property,—V. 185, p. 2445.
.
1
• ,

The

electronics division,. chiefly producers of elec¬
trical
relays, "is
expected to begin contributing steadily increasing
lirofits next year after suffering substantial losses the past two years.
Mr. Shennan said the relay industry Is now growing at a rate of almost
20% a year and that it offers "ample opportunity for profit. —V. 180,
company's

on

*

the company's biggest problem involves present
tisp of onlv 50%
of its watch production capacity, a condition resulting
from an increasing volume of imported watches in the domestic market.
The

company

SEC

said

Shennan

Mr.

•

Monday, October 28, 1957

.

.

Suggested port-of-entry list prices of the

Oct; 24 filed a registration statement with the
covering a proposed issue of 300,000 shares of common stock to
be offered
publicly "through an underwriting grotip'- to be .headed by
Merrill Lynch, Pierce, Fenner A: Beane and Kidder*, Pcabody A: Co.
The

has been made to cover
watch case plant

provision of $275,000 after taxes

a

estimated loss involved
Ky.
.

the

General

Co.—Registers With SEC-

Florida Power & Light

share, on con¬
last year. In

ctt Dayton.

'

.

(1846)

10

186,

p.

625. '•••*

various
- --

--

properties

to

Volume

186

Number 5685

The Commercial and Financial Chronicle

.

"

'

/1557
^

'

"

*

j'

bet

-

before

profit
Foreign
j

v'»

'

income

and

profits

amount

of

current

States

'?

$

■

Davis

153,698,075

133,373,795

42,781,010

45,808,256

42,793,257

21,842,073
in

realized

in

dollars

income

21,160,361

?

!.

£>334,853

Number

shares

of

of

22,892,599
9,270,003

9,217,448

Amt.

earned

—V.

186,

per

$2.19

sales"

income

on

$9,100,000

1,866,000

1,994,000

5,282,000

4.824,000

939,000

1.011,000

2,661,000

.,.2,435,000

fr.

Dividends
aries

$999,000

$2,659,000

V $0.63

$1.53

"■

shares.

the

end

1957.—V.

of

186,

1376

pp.

and

'

729.

y'

of

of

progress"

projects

such

President.

',.j.

.

Products

New

announced

was

r

#.

department

will

,

Oct.

on

•

21

by

E.

facilitate'the

'

the

in

net

profits

the

.of

best efforts

shares

to

sell

to

the

to

from

Great

such

be

in

shares

prior

to

Co

25%

Revel

Miller

Daniel

10
10

Neary,

'l'8G,

,--V.

See

1738. "■

p.

Great

i The

"*

.

Lakes

V

%

Natural

Oct.

011

company

$6.75
.

Mention

made in

was

Stock

—

issue of Oct. 21

our

of

Offering-

only

stock

common

for

each

rOct.

the Oil

of

14

(with

PROCEEDS—The

company

at

least

work

in

connection

ming
will

and

$375,000

with

Colorado.

available

be

to

be

initial

for

balance

of

development

the .proceeds

the

time

of

&

Co

of

the., company's

acreage

Wyoming and Colorado. The company may also use a portion of said
for the acquisition of additional .interests; any excess will be
added to the company's general funds and used for such corporate

the

as

board

directors

of

t

.

may

determine.

*

•

„

.

&

Pursell &

G.

'Were

10

above.—V.

Corp.

189,

site

1738.

J

"

Fort Wayne, Ind.-

filed

7

letter, of

a

notification

with

the

ended

Sept.
the

In

This
30,

1956

1956

with

compares

SEC

of

period

$959,395
there was

$1.90

or

In

the

additional

*

"

•
.

company

has

•

interests in

2,560

*

'•%

-

with

compared

advances

$3,902,993

that

reported

the

in

1956

although

third

third

made

were

of

were

September
mutual "fund

during- the

quarter.—V.

the

best

yet

month were more than 50% higher
for-the'first eight-months of the year.
.

-

•

•'

company has agreements
the gas from these wells

-

graduated

are

upwards

which

and

shall in

prices paid by the purchaser for other
The

Juan

The

sufficient
of

Basin

above
in

Oil

the

for natural
approximately 11 cents

is

mentioned

extent,

2.560

acres

event

no

be

gas

at. the

per

(with

same

ten

well head

wells

186,

than

p..

previously'announced.

megacycles.

to

these

drill

other

14

and
gas
rights
will'"be to receive

alty without payment of
ment

R

for

such

acreage.

any

to

operating casts.

ments

to

The

company

Colo.,

lias
and

leases

in

the

Daggett-Manila

with

'

-

the Cottonwood Wash Area
the company,

from O.

H.

in

craft
the




County

U ah.

-

These

four

per

the

Albina

grain,

ores,

only

be

Yards

other

part-tiihe

for unloading,

the completion! of
below and above
interim basis at

to
just

an

on

the

of

and

used

Union

Pacific

RR.

'

bankers

Plainfield

of

completion

of precision

of

Newark,

and

initial

the

component

will

the

through

completed

was

N;

J.,

public financing
vital to the elec¬

parts

offices

of

Berry

and

Co.

&

dealers throughout the United States.

begin-within

the

next

days

30

to

;

;and

expand

and executive facilities of the Haydu Corpo¬
Front Street, Plainfield, N. J.—V. 186, p. 730.

W.

1426

Merritt-Cliapman

begin

is

light

a

rigid

darkrooms

radar

temporary

as

instead

becomes

Developments

of the

on

Sale—

below.—V.

184,

323.

p.

Hooker Research Center on Grand Island,

mid-October,

in

it

announced

was

on

Oct.

by

9

expansion

of

the

facilities

the

in

'

N, Y.,
BJarne

Planned

ahead,

years

said.

the

future

connected

are

an

and

will

auditorium,

a

initially

Mr.

! ,'

■

for

en" extension

and

wing,,

material

having

the

to

expanded

initial

storage

laboratory
for

wing(

solvents.—V.

Houston Lighting & Power

fre-

a

The

,

company

covering
1987

test bays,

utilize

research

about

office

Wing,

duplicate

a

186,

p.

laboratory

1504.

a

at

on

competitive
proceeds

for use

in

precise

radar

stfuctlon

are

offering

bidding.
to

by

shipping

and

and

.

.

.*

and

($1

Gulton

which

are

based

on

-.

frequencies..—V. 186,

p.

.

J

■

.

.

.

,

-

'

,

_.

used

for

drilling

and working capital.

'

:

field.

pany of

Hycon Aerial Sur¬

to

in
Net

the communications, data processing and inStrumentaproceeds of this financing will be applied as follows:
a note payable to The Marine Midland Trust Com¬

repay

New York; $80,000 for research and development costs; $120,000
capital improvements, principally machinery and equip¬

various

for

the
and

'

engineering
tion

arid

ment;

the

balance

to

working

capital.

The

$500,000

note

is

by Trevor Gardner, company President, and was executed so
could be obtained for working capital and used pri¬
to pay current trade
creditors and the balance to refund a

endorsed

1,176,000 options rights-valued at one-b->!f c'4"- per share.
Option
rights entitle holder to purchase one-half share - of common stock
"'At 50 cents pier share at the expiraticm » 10 rn 4 ths from commence5-merrt of tho original offer. No underwriting Is involved.' The prodeedS
'to»-be

subsidiaries,

Inc.

$500 000

<

...

corporation on Oct. 1 filed a letter of notification with
1,17G,(XK) shares of common stock .Vpar 25^cents)

covering

SEC

filed a registration
covering 400.000 shares of

and Hycon Electronics, Inc., are engaged principally in the
development, and manufacture and sale of special and . general
purpose
electronic - test equipment, aerial cameras and photographic
instruments,
and in furn suing aeritll survey
and pnougrarnmetric
engineering services to public agencies and industrial clients.. Another,
majority-owned subsidiary,
Hycon Eastern, Inc., is engaged in" the
design and. development of precision electronic components and systems

Gas Corp., Denver, Colo.—Files With

Securities and Exchange Commission—

are

con,

design,

"

The

for

company

1957,

veys,

'

SEC

bonds. due
1. '

and

corporation on Oct. 8 filed a letter of notification with' the
300,000 shares of common stock to be offered at par
share), without underwriting.
The proceeds are to be used
two months'
operations and equipment.—V. 185, p. 612.
.
,

ing the week of Nov. 11.
The company and its wholly-owned

.

-

'

Hamitton Oil &

loans

statement with the SEC on Oct.
its 10c par common stock, to be
offered
for
public sale through an underwriting group headed by
Dempsey-Tegeler & Co.
The public offering p.ice and underwriting
terms are to be supplied by amendment.
The offering is expected dur¬

microwave materials:include types M'and
an
interference principle and consist of a

1738.

mortgage

Ilycon Mfg. Co., Pasadena, Calif.—Registers With

eliminating unwanted radar reflections from
eliminating permanent echoes from certain

Industries'

bank

covering

This

18,

by

-

first

..

repay

per

for

new

-

-

used to
186, p. 730.
be

(Robert) Howell Corp., Reno, Nev.—Files With SEC—.
SEC

of reflecting tham.
A structure covered
invisible to a radar beam."
According to

installations."

harbour

program.—V.

$40,000,000

of

The.

,

.

provide

Co.—Registers With SEC—

Oct. -24 filed with the SEC a registration statement

proposed

AF20-is a highly expanded

which has critical magnetic and dielectric properties. These ai4
with
perfect reflectors.
These materials are fabricated of
loaded .rubber sheecs, bonded to brass gauze, for use with X-and-S-band

'

Scott Corp.

&

building areas v/ill be
69,000 feet of floor space.

'

continued: "these radar absorbing materials
standards of navigation safety for air¬

newspaper

to

structure

MX

prop¬

Eankers National Life
Life Insurance Co.. in
$700,000 25-year first mortgage bonds'.—V. 186,

Electrochemical Co.—New Research Center—.

considerable

for

layer

»

•

will

production

the

Klaussen

backed

Oil & Chemical Co.* the pArenf of
Operator.

transfer

facilities, which will be on a 61-acre
1058 or early 1959.-Costing approxi¬
mately $3,500,000, the new Research Center will provide space for
about 200 personnel: The company, however, envisions and is planning

the announcement "offers the first possibility that
defenses- can be defeated."
To date, there has been
of jamming or bending radar.
•
'

Eritish

Other

so-called Granby Block 7in Grand
Block in Daggett County, Utah!

Uintah

Calhoun,

and

equipment

total of 100,000 shares of common stock were
share; now counting their common stockholders

A

$3

Construction
v/ill

press,

claimed

airfield

(Sweetwater County, Wyo., and agreements entitling the Company
acquire leases in- the Jack Canyon area in Carbon County, Utah, and

erties-were acquired by Great Lakes

company's plant

Klaussen, President. The initial
site, will be completed by late

warning

The
are

aha
to

and

material

the

means

no

are

agree-:

'!

at

Hooker

Plessey Co., of Illford, Essex, England, developer of the
absorbing materials, claimed' publicly' that the "materials

British

the

into the-line has
1

the

1739.

The

radar-pulses

radar

in the

this

at

Ore.

Fidelity Mutual Life Insurance Co. and
Co.
participated with the Berkshire

See

be! carried out ln the sa,ne darkroom.

Recently,

on

this aggregate, of 50 days of the two wells connected
resulted in the delivery of 150,000 MCF into' the line.

County,

to.

.absorb

company's interest
12 V2 % overriding -roy%

Pursuant

construction

Highway Trailer Co.—To Vote

supplied

&. G

wells

a
regular seaport of
Harvey has chartered

as

vessels.

sales

polystyrene-treated to give a specific attenuation.
The material is
in rigid blockst 15 inches square and-four inches thick.
The
wide .band .performance of AF20 enables Q, S, and X band measure-.

,

Drilling Co. has at-the present -time drilled" 12 producing
the property, all Of wheh are in process of being connected
into the El Paso Natural Gas" Co. line.- Two of these wells have already
been connected into the line and run respectively 20 days and 30 days;
gas

basis

contract,' prior
the Columbia River
will be discharged

the

18

'

The
a

Oct.

other security

at

The

.

amount equal

an

AF20

permanent

for

Designed

Drilling Co. has been granted the right
wells without charge to the company together with al{

oil

therein

G

Ltd.,

a

this

investment

Co.,
on

Insurance

-

--

measurements

under applicable spacing and drilling requirements
Commission
of
New Mexico,
to
permit the
&

at

the private placement of

qufeiicy range of 2,500 to 70,000 megacycles with improved perform&nce
at
high' angles, of .incidence.
Types AF10 and AF11 'are primarily
t intended for operation over the frequency range of 2,500 to 50,000.

Conservation

The R

joint

.

drilling of 14 additional wells thereon to the Mesa Verde and Pictured
Cliffs -formations.

a

Co.,

Shipping

Highland Telephone Co., Monroe, N. Y.—Private Sale

4

525.

net

average

Gulton Industries, Inc.—Announces New

field.

thereon)

facilities

issue

ration,

A new microwave-absorbing material operating over a higher.fre¬
quency f'apge, has been added to its product line; it was announced
by this corporation on Oct. 21.
• \ •
•
Known
as
AF20, it Is -an alternative material to AF10 and AF11

MCF.

the

raw

The

Harvey,

,

prices which
less than- *he

purchased in the

price currently being paid

San

gas

at

A.

with

contract

Pacific

cargoes

Ail

the above meiitioned

1972

Lawrence

sales

taken

was

microwave

November,

unload

to

unloading

of

industry.

enlarge

quarter.;

quarter

*
.

with El Paso Natural Gas Co. for the
until

charter

;

for

year

Dallas,

on

Construction

During September—the worst complete month the stock market has
in-the-past two years—no securities were sold from the port¬
of the Common- Stock Fund.
On the contrary, continued- ad¬

-•

vantage

.

.

of

by

700.

various

had

aforesaid, change, in the interest of the company amounts to $493,-.
332.
This amount will be increased by the cost of any remedial or re¬

The

used

manufacturer

this

The

year.

folio

-

the

sale

1263.

p.

,

under

now

months

distributed
at

were

for the Common Stock Fund of this
for 1957., Purchases by investors dur¬

$931,204

this

ing

*.

royalties)

on

be

first

'Berry &

p.

sales

/

of land in the San Juan,
whicfr'there are ten gas wells T
MCF per .day.
The company

working operations to be done by the company
ten producing gas wells of the company.

186,

Securities, Inc.—Common Stock Fund Sales—

Group

-

production of thes^ veilsuntil the, company has
received back an amount equal to all drilling, equipping, and operating
costs paid by the company;, thereafter the company's interest drops to
42%% and the company's share of operating costs drops to 50%,
As
of June 20, 1957 the amount to be received back by the company before
overriding

and

4

movement,

The

dock

tronic

income

only * slightly less than in the same quarter of 1956, earnings
by increased costs and certain n6n-recurring expenses;
that as a partial offset to these increases, some necessary,

price

presently producing*,an average. of 721
receives approximately 70%
of the gross
(after .landowners

1263.

p.

1957—],

Portland, Ore.—V. 184, ,p. 323.

for

three

President,

a

improvements

the

announced

—

acres
on

covering

Ilaydu Electronic Products, Inc.—Offering Completed.

35

Millar,

9

firms—North

The

of

Bonneville Dam,

special

share

per

dock

this

cargoes.

expected

added

He

.

The

186,

by Harvey and will be made available to other shippers
stowage, and transfer of bulk cargo on a rental basis'.

earnings' lor

net

cargoes

River

also

can

bulk

Die Corp.—Quarterly Earns. Off—

&

Oct.

on

company's

Canadian

13

facilitate

ment

Commission—

company

Basin, San Juan. County, New Mexico,

12,

Harvey Aluminum has designed ancl ig
constructing a large unique barge-mounted pneumatic unloading system
which will suck the alumina from the ship's holds and pump
Itj to
shore-mounted storage silos.
"This installation, the first floating automatic unloading * device of
its kind anywhere In the world, will provide the shipper with a rapid
turn-around for their vessels," Mr. Harvey said.
The unloading equip¬

,

Calif.

Sept.

on

preferred stock at par
3.
Existing preferred
underwriting is involved.

Oct.

above.—V.

T

the

of

terms

three

Just northwest

To

2.5

p.

Corp.

announced

was

Vice-President.

of

Columbia

a

.7.5 1

affected

were

wa.i incorporated in Delaware on "June 20,
1957,"by Great Lakes Oil"
Chemical Co. for the purpose-of engaging in
exploration for :and the production of oil .and gas, though primarily,
for gas.
All of ^the^presently outstanding shares Of common stook 'of %
the company'are :owned and held by Great Lakes Oil & Cliemical Co.
The-company's main office is at 417 fco; Hill Street, Los Angeles 13, •
BUSINESS—The

SEC

5%
on

period of five years.
The
Canadian carfiers will load their cargo of alumina alternately in ,the
ports of Shimizu and. Niihama, Japan, and will discharge the cargo afi

McDowell 10
Co.—

it

approximately

.

...

the

of

effective

sea, is established 011 a permanent
for bulk cargo carl-ying ocean-going

call
-

of lower prices; and shares were added to the
following-holdings in the portfolio
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
)
For the month, asset value per share declined 3%—from $10.90 to
.'
"...
Authorized
Outstanding-.: sio.57; while the DoW-Jones Industrial Average was down 6%.—V.-t 186,'
Common stock (par. 50c)____^.
3,000,000 shs,. *-1,747,582 shs," "i p. 1738.
»*.
''
V'
' !
: "
; :
!
purposes

with

shares

9,365

declared

"

-proceeds

its

the

$3,878,381,

D.

Utah,4

in

of

was

Anglo-Canadian Shipping Co., Ltd., and Western Canada Steamship Co.;
Ltd.—The Dalles, Ore.,
on
the Columbia River 190 miles inland from

10%

Co

&

Maloney & Co., Inc

Gas

outstanding.

basis.

same

to

were

exploration-

in Utah, Wyo¬
this financing

from

issue

the

Under

months ended Sept. 30, net earnings were $178,851,
cents per share, compared with $266,772 or 53 cents pelshare in the corresponding period of 1956.
Sales for the third quarter

the San Juan Basins and

used

the properties, .described below,

The

for

will

$400,000

-stock

nine months

tqual

&

anticipates that approximately $150,000,
to $200,000 of the proceeds of the financing will be used for reworking
that

^

Effective—

Oregon,

Executive

corporation

For

share, of

an

and re-eaulpping the 10 wells which it owns in

1050.

p.

,

todelivery

...

Chemical company held of
oversubscription privilege).Rights will expire on Oct. 29. The shares, which are
priced at $1.25 each are offered as a speculation and are
underwritten by Dempsey-Tegeler Co. and associates.
stock

common

record

seismographs,
missile and rocket

.

agree

equivalent to 19 cents per share from the sale of securities.
The- company's sales for
the first nine months of this year
$13,106,869, compared with $11,730,690 for the like period of last,

ical Co. of 794,991 shares of common stock (par 50 cents)of the Natural Gas Company on the basis of one-fourth

share of Natural Gas

186,

Ainswortil Manufacturing

Dalles,

44.400

common

the

of the offer¬

stockholders of Great Lakes Oil & Chem--

common

indicators,

guided

The company has completed arrangements for the freighting of
material from the Far East for its aluminum reduction plant at

in

on

ing to

and

Harvey Aluminum Co.—Completes Shipping Charter,

per

Greenfield Tap

"

Corp.,

first.—V.

share),

per

See

shares of common stock (par $1) to be offered at
share, through Northwestern Investment Inc., Fort Wayne,'
Ind.
The proceeds are to be used for capital stock and unassigned
surplus.—V.' 184, p. 2117.
'
'
.

-covering

a

Gas

,

Its

for
/

Ilarsco Corp.—Acquisition Effective Oct. 31,

reports for the nine months ended Sept. 30, 1957net earnings of $956,526. equal to $1.89 per share on-the 506,000 shares

Natural

Coka,

presently

analysis

equipment,

.

in the fast growing
in production are:

operation

have
preferential
rights.
No
.The proceeds are to be used for working capital.—V.

shares,

,

Blosser

Great Northern Life Insurance Co.,

This

Lakes

strain

gages,

testing

of

products

stockholders

*

.

Great

the

registration statement filed

venture

200,000

Great Lakes Oil & Chemical Co.—Stock Offered—

.

letter of notification-with the SEC covering 300,000 shares of common *-tock
(Da1* 10 cents) to be
Offered at $1 per share, through Birkenmayer & Co., Denver, Colo. "''
The proceeds are to be used co pay balance on oil and gas properties
and unsecured notes and for drilling and working capital.
- V'
filed

of.

.

completed

Hammett Co., Cambridgre, Mass.—Registration

proposed

($100

87.5%

.

Reeves

Straus,

Fail-man & Co.—J.

in. the Latham Corners*

Incorporated—

—Files With Securities and Exchange

11

.The
the

is anticipated that the time of
1957, subject to change by agree¬

7,

,

Oct.

world's

Statement
,

It

Nov.

Gregory & Sons_^_'__'^^__15

Great Divide Oil Corp., Salt Lake City, Utah—Files
With Securities and Exchange Commission— "•

Lakes'

but

the

ment of the company and Dempsey-Tegeler & Co..

Co.,

of

excess

subh shares

purchase

underwriters.

delivery of the shares will

stock

Blair. &

Center^ Latham. N. Y., on Cct. 24.... On the same day ;the'> *•
rapidly , growing Eastern food chain, currently operating 3,71 markets,-^
opened ansenlargement to its present market located in Keesev,ille, N. Y.'
The 32,200 square-foot Latham Grand Uhion will be one of the com-5'
pany's larger markets.
In Keesville,. the present 8,400 square-foot market is being enlarged
by the addition of. 2,100 square feet, resulting in a market totaling
10,500 square feet" in size.—V. 186, p. 1738. "
•
*"... :

on

electric

ordnance

(J. L.)

-

respect to such unsubscribed

their

use

Shopping

corporation

—the

.

The

—

Dempsey-Tegeler &

The

versatility

a

Some-

of

program

progress.

recently

company

building
in
Denver,acquired in 1955..

Division,

provides

accelerated

substantial

the

25%"|

of

.•

.

they are not firmly bound

Grand Union Co.—Opens New; Supermarket—
opened its newest supermarket

royalties

participating

to purchase from

V With

\vor)cr„%

.

company

,

underwriters named
below
have
severally
the company at the subscription price, %n the
respective percentages sot opposite their names, the first 200,000 shares,
of stock not subscribed for upon exercise of the
subscription warrants.

the

The

at

permit,
Calhoun,

Messrs

.

agreed

company's research, development, production and sales depart-J'*-ments in their responsibilities for new products, ideas and investiga-j
tions.
The unit will coordinate, effort to produce a balanced financial,, C
marketing and technical appraisal of new developments from their-,
inception to completion.—V., 186, p. 1050.
.'
'
v

>

interest.

Daggett Manila Block,"consisting of approximately 15,700 acres,subject to landowners-and overriding royalties totaling 17.5%, in¬

UNDERWRITERS

v

,

J.
-

,■

and

augment

reserved- net

respectively
working-interest.

.

> The

and

acreage

when weather conditions

working

modern

a

Instrument
field.

company'.s
made

Over-all, Hamilton today is engaged in the sale of domestic and
imported watches, electronic instruments, metals processing services,
components, timers, precision gages, defense production and res-earch,
automobile clocks, and the revolutionary Hamilton electric wrist watch

'

receiving.

and

and, 1.25.%

of a
new
department by this company to stimulate
product ideas and speed up supporting decisions tor the" initiation

Thomas,
'

1953

42.25%

a

of

has

product- line,

In guided missiles, Hamilton
is doing research or production work
the Nike, Sparrow, Sidewinder, Falcon and Bomarc.
In rockets it is
working on fuses for the Gimlet, Zuni and Nalca.

cluding- overriding royalties reserved by Messrs: Calhoun, Davis and,
of 4%, 0.5% and 0.5%, respectively. Great Lakes must drill a
test well on or before Oct. 29, 1958.
After Great Lakes recovers all of
its" acquisition, development and
operating costs from-its 82.5% Working!,
.interest, then the overriding royalties of Messrs. Calhoun, Davis and
Masters terminate and they will succeed to interests of
22.5%, 1.25%

Goodyear Tire & Rubber Co.—New Products Dept.-*-

and

Spring of

have

after

its

Masters

Establishment
new

test well with 30 days
unit to be formed on this
a

for

oil

■

is

v

expansion program which will result in new- manufac¬
turing facilities at Corona, Calif., and Mica, Wash., has.been sub¬
stantially completed and it is anticipated that both units will be in
before

the
earn

Masters

of

of the

accounted

components.

-M/The

capital

opertaion

aircraft

completion costs*\'

$2,427,000

$1.68

•-

diversification

.construction-

Hathaway

.

2.5%,. respectively, of the company's 42.25% interest. These
net participating royalties will be
paid after the deduction of operating
costs
only and before the payment of all other costs and expenses,
including costs of acquisition, title, unitization, rentals, drilling and

38,000

$943,000

*

will

company

Davis- and

$2,389,000

38,000

$0.60

:

1,583,660

on

$2,621,000

10,000

share.J.

per

♦Based

$983,000

16.000

taxes)

drilling

the earliest time in
the
-.

subsidi-

of

Total net income

♦Earnings

$927,000

operations

from

(net

The

$27,144,000 $25,121,000

approval

2.5%

Net inc.

'■

(est.)

the

Government

<

$9,642,000

Income from operations-

:t

1957—9 Mos.—1956

watches

manufactured

the

product,

major

broaden

electronics

is

commencing

■

'

Net

help

1 he

subject to landowners and overriding royalties totaling 15.5%,
including a 3% overriding royalty reserved by the original lessee.
By

Gladding, McBean & Co.—Sales Continue Higher—

Taxes

To

-

acres,

1957—3 Mos —1956

Hamilton's

expansion- and

<

Mr. Calhoun will receive 40% and Messrs. Davis and
Masters 5% each of the net profits from the
company's 42.75%-' interest.
The- Cottonwood -Wash
Block,
consisting of approximately 14,400

-

Period End. Sept. 30—

be

oscillographs,

Spring of: 1958 when weather conditions cease to be adverse but
no.-event later tha-rr June 1,-1958, the company will earn a 42.75%

working interest.

$2.20

$2.47

1049

p.

.

The

Hatnaway

in
,

€0.—Broadens Product Base—

of* domestically

of the

50%

2% overriding royalty reserved by the original lessee.
By commencing *
drilling of a test well within six months after receiving Government
approval of the unit to be formed on- tnis acreage and at such time in

20,797,762

9.279,943

of period
share of com. stk.

sales

than

company's total dollar volume.. Just seven years
ago, however, all of the company's sales were derived from that. souCce.
Although the domestic manufacture of quality watches continues, to

.

>the

stock

common

outstanding at close

Fred

1957

less

overriding royalties, Mr.
Davis and E. W. Masters-to t

a

835,134

20.363.612

_____

E.

and

Hamilton Watch
In
.

above

the

..

075,334

__

-

the

5%

entitled- to

to

each, of the net profits from the company's 75% working interleases on the Granby Block expire in 2,
4, 5 and 10 years
their respective dates of execution.
The Jack Canyon Block, consisting of
approximately 12.000 acres, is !
subject to landowners and Overriding-royalties totaling 14.5%, including

est.

„

Net

is

addition

2.5%

„

.

Masters., ;In

.after

23,310,515

„

and

-Calhoun

and

earnings

countries not

United

•*,

'150,292,065

—

!

taxes

foreign

$

11

•

■;

-% 1955

1056 **
$
J* ■

excess

taxes t
and domestic .income

excess

Net

'

--———----I—-

sales

Profit

'

-

The Granby Block, consisting of
approximately 7,450 acres, is subject
to landowners and overriding royalties totaling 25% , of Which 12.5% is
reserved
by. the-lessor,- 10.5%' by Calhoun and 1%
each by Messrs.

•

'

Gillette Co. .(& Subs.)—Earnings Declined—
-"-Nine Months Ended Sept. 30—

(1847)

that

$400,000

marily

$100,000 note

'

for

working

the proceeds of which were P"id over
purposes.—V. 186, p. 1263.

caoital

to Hycon Eastern

The Commercial and Financial Chronicle
12

.

Monday, October 28, 1957

.

.

(1848)

Only

Corp.—Reports Loss for Quarter30—
1957—3 Mos.—1956
1957—9 Mos.—1956
$12,203,436 $13,115,394 $43,167,236 $45,006,424

Industrial Rayon

stock

the

is traded in the

Colorado Corp.

Chesapeake &

of

*1.012,746

period Ended. Sept.
Net

sales

1,317.485

8.624.036

Cr550,000

'"Sn
Fed. taxes

stocks of the other four companies being privately held.
Chesapeake & Colorado Corp. during the last year has
sold for as high as 29 cents per share and as low as 12 cents per
share, being currently quoted at 18 cents per share bid and 22 cents per
share
asked.
There
are
about 1,000 stockholders of Chesapeake &

635,000

920,000

4,515,000

Colorado

$632,435

$946,559

$4,109,036

$0.34

$0.51

$2.22

inc. (est.)

on

1.866.559

the

market,

stock

The

Each

tEarr.s.

fBased

strike

Nil

share

com.

per

'Loss.
A

*5462,746

income

Net

plant

largest

company's

the

at

commenced

;

merged

company.

The

announced on Oct. 24 it is now
car fleet and expects to have

company

molten

addilional pew plant
for the
electronics

corporation has announced acquisition of
for
the
manufacture
of
transistors

industry.

its'new

In

quarters

climate controlled

Thirty-Sixth Ave.,

35-10

at

City, N. Y., the corporation will use 20,000 square feet
production line facilities for the manufacture of gernianium-jnncticn alloy transistors. Research and technical laboratories,
will remain in Jndustro's Elmhurst, N. Y. plant.
The ultra-modern oremises formerly served as home r-f the Elec¬

Long Island
to
establish

of

Division

Computer

and

Net

.

available

-

-V.

136,

share

per

$1,576,500 compared to $1,145,912 in 1956.
sales for the first nine months of 1957

war,

—V.

shares

common

Louis

Oct.,

on

voted

22

3,000,000

from

to

President,. said

Ware,

not

was

With

Oct.

on

Commission—

filed

4

of

with the SEC

25,000 shares of common stock
(par $1) to be offered at
share to stockholders of record Oct. 15, 1957 on the basis
new share for each
six shares held.
The offer expires Nov. 9,

of

one

No

1957.

underwriting
of

construction

the

The

involved.

is

addition to

an

proceeds

Johnston

V.

the

Reed Hoyt
has been named Public Relations Manager for
and Kaiser Services, it was announced on Oct. 8 by
Youn&, Director of Public Relations.
He
will
be
responsible for the management of the various public
relations programs for the above companies, in addition to the admin¬

of

number

Arthur

the

R.

first

realize

the

over

He

the

said

the

during

the

potash

mine

mainder

four

department's activities,—V.

the

of

185,

p.

937.

would

construction

under

be

spent

at

Esterhazy,

$9,000,000

improvements

on

other

at

on

and

—V.

confined

186,

to

which

Ac'cent,

made

is

natural

from

ing

ray
—V.

186,

A

Market

This

Research

division

new

manufacturing

and

New

and

development

of

new

>

the

Products

created

the

various

Division

Oct.

to

21

pulp

divisions

and

in

has

H.

■

-

>

of

their

&

Gas

boards,

and

Co.

Oct.

on

Silver

11

Sage

Oil

&

recommended

Mineral

to

their

Co.,

of merger.
The surviving corporation will be
Mining Corp., but concurrently with the merger its
changed to Chesapeake & Colorado Corp,
The

merged

in

company,

value

addition
the

of

to

common

will

of

well

over

Corp. and Radorock Resources, Inc., will have oil, uranium, titanium
and feldspar leases,
claims or properties located in Utah, Colorado,
Wyoming, North Carolina and Florida.
Charles R. Rudolph, President of Nuclear Magnetic
Mining Inc.,
President
of
the
merged'.company.
The other
officers

include
rado

Francis

Corp.;

M.

Marvin

Rosen,

present

President

of

Jacob's

Chair

and Bruce W. Odium, whose father, Floyd B. Odium,
principal stockholders of Jacob's Chair Mining Corp.

is

will
will

Wyoming,

prospects for

owned

now

oil and

by

Western

and

Silver

Sage,

and

good

production in Wyoming and in Colorado
on
some
leases
owned
by Chesapeake.
Approximately
30,000
acres
of land are under location or lease in Wyoming containing on and
near
the
surface
a
large quantity of low grade uranium and the
merged company has the right to use of an uograder which it is
believed
The

will

of

the

$2.50

par

of

of

the

outstanding capital of

date

common

gas

these sands to be mined profitably."
of

the

and

common

convertible

shares

All

and

effective

latter

of

permit

Issued

of

stock

more

into

proposed

13,389

after

common

stock

for

one

the

surviving

merger,

shares

of

one

share

of

will

$12.50
year

be

corporation, as
229,991 shares

par

at

nre'eTed

preferred,

the

rate

of

the
five

s*nok.

the new preferred stock is to be issued to the present owners
outstanding preferred stock of Jac b
Chair.
Taj
com non
the surviving
corporation is to be apportioned among the

of

common

stockholders

of

the

constituent

corporations

in

the

proportions: To Jacob's Chair,
a
Nevada
corporation,
54.812%;
to
Chesapeake & Colorado, a Delaware corporation, 20.657%; to Nuclear,
Florida corporation, 11.620%; to Western,
a
Wyoming corporation,
and

Meetings
the
will

merger,

be

Nuclear

to Silver Sage,

of

the

a

Wyoming corporation,

stockholders

will

of

in

capital

used for working
V. 186, p. 1739.

and

general cor¬

the

five

6.455%

corporations,

to

net

31,

profits

in

reasons

declined from $13,408,210 in
after Federal income taxes

dollar of current liabilities.
expansion had accounted for certain

"plant

per

fiscal

during the past
decreased sales.

our

capital during the year in¬
ratio of .current assets ad¬

working
and the

cut that
$400,000

2.89

particularly

year,

non-recurr¬

unfortunate

in

the

(Karl) Lieberknecht, Inc., Laureldale, Pa.—Bids to Be

Property,
purchase

November 20—

on

will

be

received

the

at

of

This represents 63.21%

of

sale

The

Justice,

of

Office of

Alien

Indiana Ave., N. W., Washington 25, D. C., for the
the Attorney General of the United States, as an
158,025 shares of capital stock (no par) of this corpora¬

101

entirety,
tion.

'

Department

from

the

of the total number of shares outstanding.

does

stock

will receive

not

represent

financing

new

the

and

of the net proceeds therefrom.
shares are held by the Attorney
General as a result of vesting action
under the Trading with the
Enemy Act, as amended, and the remaining 30,625 shares are held
as
a
result of payment of a liquidating distribution to the Attorney

company

the

General

158,025

part

no

shares,

127,400

stockholder in another

as

(Eli)

corporation.—V.

vested

184,

1730.

p.

Lilly & Co.—Sales & Earnings Increase—

Consolidated

for the first nine
net sales of $10,-

in

Loss

Federal

expected

to be
nine months in

Earnings

1956
$4,741 236

116,716

taxes

Net

$116,716

—,.

$178,310

Oct.

The

at

which

individual

and

his

bank.

of

values

Mr.

The

and

to

stimulate

the

availability

other

Koehring

customers

It provides for this company
arrangements negotiated between

Plan.

credit
This

will

be

accomplished

this company

at which

by

setting

up

is

of

Steelman

passenger

pointed

cars

company's

financial

assistance

called

the

strengthen
the customer

to

be held on Nov. 15.
The meeting of Jacob's Chair
York
City, of Chesapeake in Washington, D. C., of
Augustine, Fla., and of both Silver Sage and Western
Wyo.

company

40

resents

out

that

in its payments to the bank.
this credit support will help supply

and

newly
to

trucks.
adopted

was

distributors

who

plans

handle

also

provide

for
direct retail financing
sale and for similar

notes

which

they

The

pares

St.

on

with

the

shares

stock

the

third

at

Cement

tons

water,

is'1

first

are

estimated

quarter

at

Last

$3.37.

$3.04.—V.

were

185;

Corp.—Opens

Plant—

New

on

officially opened

year-round

a

basis.

It

200 lbs. of lubricants, 1.4 million gallons
million cubic feet of natural gas and 140,000 kwh.

of gypsum,

8.5

,

is the 21st unit in the far-flung operations of the
It has been designed and built with provision for its
future expansion to meet the growing needs of the oil and construction
plant

new

industries.—V.

185,

2100.

p.

Months Ended

Nine

Net

sales

Net

and

taxes

Income™

per

10%

number

10,250,000

8,068,000
$6,891,540

2,904.000

dividend,

shares

to

company's
a

of

program

2,640,000

$3.25

$2.61

compared

2,904,000

$821,818

Operations

in

the

debt

reduction,

costs

first

the

months

first

of

months

nine

a

of

1956.

partially interrupted by a wildcat strike of approxi¬
employees commencing Sept. 22. At this time, all
the Cast Iron Pipe Foundry are being operated

Union

except

basis. Normal levels of production
during the month of October.
working capital Increased over $8Vz million

during

at

realized

company

during the

nine

reduced

a

thereby increasing
outstanding from

shares.

interest

with

were

2,500

1, 3 957,
capital stock

common

continuous

of

mately

of

May

on

mortgage indebtedness at Sept. 30, 1957 amounted
reduction of $17,378,304 since Sept. 30, 1956. Through

1957

as

paid

was

shares

of

savings

oh

:

share—.

.

stock

2,640,000

1956

$9,439,862

on

outstanding

Earnings

the

1957

$76,026,479 $64,911,287
19,689.862
14,959,540

revenues

provision...

income

Shares

A

tax

(& Subs.)—Earnings Up—

Sept. 30—

operating

before

Federal

that

the

date

12

months

amounted

Loretto Literary

There
of

on

Oct. 21 reported net income of $15,450,785 for the
ended Oct. 5, 1957, an all-time high. This rep¬
17% over the same 40 weeks in 3 956. Net income

net income for the like period
number of shares, and $3.55

same

on

Oct.

6,

first

its

1956.

been

expected

are

ended

to

3.84

Sept.
to

30,

1.—V.

,

to

1957;
186,

total

a

and

to
"

of

the

be

$36-

current

731.

p,

& Benevolent Institution of Missouri

—V.

p.

143,

called

mortgage

will

be

for

serial

made

at

redemption
bonds

the

Nove

on

dated

Mercantile

Nov.
Trust

1,

1,

next,

1953

Co.,

St.

$5,000

at

100%.

Louis

Mo

1404.

(P.)

Lorillard

of 1956 of $3.39
per

share

on

the

This

com¬

per

share

3,714,207

Co.—Quarterly Earnings Soar—

Period End. Sept. 30—

1957—3 Months—1956

1957—9 Months—1956
$
$

$
Net

sales
income

Earns,

—V.

86.259,476

51,863,226

190,901,125

150,683 383

taxes

3,076.028

817.878

5,797,520

3 112 779

sh.

$1.02

$0.22

$1 85

■

after

per

186,

common

'

1377.

p.

SO 91

*

Lynch Corp.—Sales and Earnings Show Gain—
For

the

earnings

first

after

sales
in

from
In

the
a

of

the

Nineteen

increase of

outstanding

have

Payment

share

equal to $3.97 each on the 3,886,997 outstanding shares.

New

in

common

plant operates around-the-clock,

Net

financing

weeks of 1957
an

the

will obligate itself to repurchase

Kroger Co.—Reports Record Earnings—
first

consider

for

addition

fresh

of

with

The

1957

day and consumes some 2,400 tons of raw materials in proc¬
to 2,300 tons cf
shell, clay, iron ore and sand, it

a

In

descending

a

hold from a
help
which
would permit distributors to
lease equipment on either
rental purchase or straight lease arrangements.
The company will also continue it's traditional use of floor-planning
machinery where machine availability permits.—V. 186, p. 319.
installment

on

of

earnings

of electric power.

bank

the

The

share

Star

new

cement

J. R. Steelman, President, announced

company's construction equipment the same resale market
valuation possible for banks when they lend money for the purchase
of

to $23,900,000

of

employs 150 men in production, laboratory and maintenance to operate
massive
manufacturing equipment.
It produces 28,000 sacks of

if the customer defaults

equipment
for

intended

is

Buy-Back

the
scale

months

—Partial Redemption—
contractors

for

compared

as

nine

the

ratio

10.

Koehring

first

the

most modern Portland cement plant was
Charles. La., on Oct. 23 by this corporation.

Lake

the installment financing of its industrial
inaugurated by this. manufacturer of construction

plan

credit

for

income

in

equipment has been
equipment and hydraulic presses,
on

were

year

-

978,000

Koehring Co.—New Financing Plan—
development

totaled

1957

the

of

1956.

per

Lone

Net

new

of

estimated.
months

resumed

1887.

p.

nine

The world's

360.010

Crl81,700

—

—

loss

185,

months

nine

President,

first

1750.

departments
-V.

first

the

the

for

$26,700,000,

per-share

year's
p.

its

1957

taxes_

Federal

for

net

io $56,293,056,

$5,742,769

—

before

for

Beesley,

N.

1956

Consolidated

Income

Sept. 30—

sales

Provision

sales

net

Eugene

sales

Lone Star Steel Co.

Loss—

Corp.—Reports

Products

9 Months Ended
Net

In

Newcastle,


in

of

decline
as

corporation.

following

a

6.455%;

to

2.12

noted

of

The

A

Mr.
Rudolph said:
"We
presently expect to initiate
a
titanium
operation in Florida where the merged company has under lease several
tons of so-called heavy sands
containing ilmenite, rutile, monazite and zircon.
Feldspar and mica are already being mined in North
Carolina by Chespeake & Colorado Corp.
We will h'&ve producing oil

in

inves¬

Net
profit for the nine months was $1,181,542 after all charges
including
Federal
income
taxes
compared
with
$988,399
for the
corresponding period of 1956.
After provision for dividends on the
4.8%
first
preferred
stock, < net - profit for the period was equal
to $1.52 per share on the 723,940 shares of common stock outstanding
Sept. 30, 1957, compared with net profit of $1.25 per share in the
like period last year, based on the same number of shares.—V.
186,
p.
730.

Mining
one of

million

wells

consolida¬

and

expansion

equipment, plus additional expenditures for almost complete rearrange¬
ment of production facilities."—V.
186, p. 7.

Tomkins, present President of Chesapeake & Colo¬

Corp.;
the

on

be

Uranium

become

be
also

to

See

reports net sales of $11,407,037
1957, an increase of almost 8%
over
the same period last year.

Kingston

Federal

of

an

Jacob's Chair
name

ownership
stocks

Inc.,
action

stockholders

agreement

$1,000,000 in market

by

company

privately with four institutional

company

325,532
,<

this corpora¬

Mining

Placement—The

Private

—

are

purposes.

months

Utah—Merger, Etc.

mining corporations, Jacob's Chair Mining,
Chesapeake & Colorado Corp., Nuclear Magnetic
Oil

'

■;1

proceeds

This

and
185, p. 2215.

•'

Similarly,

pointed
approximately

from

expenses

Keyes Fibre Co.—Sales & Earnings Up—

research
together in the

Five oil and

tion,

The

improvements

out;

•

Jacob's Chair Mining: Corp., Moab,

Western

Co.

placed

5

porate

paper

work

can

working

and

products, Mr. Savage explained.—V.

«•

established

Savage, Vice-

been

by F.

dollar

million

its

fiscal year ended July

Neville

ess.

$6,000,000 of 5V4% promissory notes due 1977.

tors

provide a central point Whore

company's

sales

products

new

for existing

uses

*

•

has b^en

departments,

laboratories

1092,

p.

sources.

Sept.

company, it was announced on
President and General Sales Manager.

of

from

requires 50

Co.—Forms New Division—

by this

1092.

p.

purchase of our new plant nearly two years ago, we
have purchased more than $1,000,000 worth of new machine tools and

and

responsible

Kendall

International Paper

cost

$12,069,239.

to

creased

aircraft

and

frame

1263.

p.

Electronics

&

Phoenix, Ariz.; and is a major sub-contractor to the air¬
industry.
In addition, Kaiser Aircraft & Electronics has been
for the
development of the Kafser-Aiken thin
cathode
tube and associated equipment for advanced military applications.

Ohio;

mines.

be

Aircraft

Calif.
conducts
machining

electronics laboratories

Dr.
I. Milton LeBaron, Research Vice-President, said the company,
which makes Ac'cent, food flavor enhancer, h"S perfected a new process
for synthetic manufacture of monosodium glutamate to meet expected
demand "as the market continues to expand."
He said manufacture

would

186,

Oakland,

in

located

sub-assembly operations in Richmond and San Leandio, Calif., operates
and other facilities in Palo Alto, Calif., Toledo,

re¬

plants

IMC

offices

executive

Kaiser

now

a

The

Canada.

F.

purchase

with

corporation
plans expenditure of around
fiscal year, about $3,500,000 of that

now

to

$135,200,000.

Kaiser announced on Oct. 24 that this corporation plans
the assets and business of Kaiser Aircraft & Electronics
Corp., a wholly-owned Subsidiary of Willys Motors, Inc.
It
is expected that
the purchase will be consummated on Oct. 31,
1957, and thereafter the business will be conducted undpr the name
Kaiser
Aircraft
<fc
Electronics
Division
of Kaiser
Industries Corp.,
Edgar

to

five years."

current

for the

Sales

$151,600,000,

Acquisition—

Kaiser Industries Corp.—Proposed

time.

or

expenditures.—V.

construction

plus cutbacks in defense spending and a
business, were cited by P. H. Neville, President,
reduced sales and net profits of this company.

Net

Cahill, Financial Vice-President, cited the 31% increase
last year as evidence that the company "is beginning
potential earnings from its extensive expansion program

past

1957,

4,

company

istration

in share earnings
to

until Nov.

persons

of

Chandler

properties or processes."
Mr.
Ware, who with several ton officers outlined the company's
present position and future plans, said that sales and earnings for the
current fiscal year will be above
1956-57, when sales exceeded $10,for

sale

the

program,

for

desirable

000.000

further

tremendous

The

tion

Of

(Henry J.) Kaiser Co.—Public Relations Manager—

authorization
such an Issue
acquisition of

stock

increased

the

113.

p.

interested

given

xxoin

customer's

Bids

Fund

186,

has

thereon.

proceeds

for

any,

Off—

Inc.—Asset Value

Fund

reports net assets on Sept. 30, 1957 of $5,801,595, equiva¬
lent to $19.73 per share on 294,066 shares outstanding not including
capital gains which were paid out Dec. 21, 1556 in the amount of
50 cents per share.
This compares with net assets of $5,395,812, or
$21.03 per share, on Sept. 20, 1.956, on 256,624 shares outstanding.—
This

5,000,000.

that

Mutual

•

made for construction

borrowings

Leece-Neville Co.—Sales & Earnings Lower—

to be used for
Beliefontaine, Ohio.

William

in

net

Received

this

increase

an

if

are

warehouse in

a

evidencing

the bonds are to be used for
the payment of bank borrowings for construction purposes
(amount¬
ing to $1,675,000 at Sept. 30) and, to the extent of the balance,
The

"Since

of notification

letter

a

Boston

Commission

The

light

per

Stock In¬

—

requested lor any immediate need but to make
in event of future contingencies "such as the

possible

company

of

request a hearing

vanced

Johnson Co., Beliefontaine, Ohio—Files

N.)

The

$10

Large Expenditures—

stockholders

The

Chemical Corp.

Minerals &

Lank

purposes.

Mr.

$289,934,079

covering

after payment of Federal and
net sales in the third quarter
of 1956 of $2,876,248
after $1,770,569 in taxes.
Barrel sales for the
quarter weie 239,298 in 1957, compared to 173,936 in 1956.
Net income lor the third quarter of 1958 was $275,374 after deduction
of Federal income taxes of $256,000 amounting to 49 cents per share,
compared to net income of $227,356 after taxes of $246,700 for the
third quarter of 1956, or 41 cents per shave.—V. 184, p. 6.
International

1957—40 Wks.—1956

1377,

p.

Securities and Exchange

compared to
payment

National

He

Third quarter net sales were $4,436,707
State taxes ot $2,727 124 as compared to

creased—Plans

186,

Financing Proposal—

on
Oct. 18 filed a registration statement with the
$2,000,000 of first mortgage bonds, series A, due 1977,
to be offered for public sale at competitive bidding.
At Oct. 15, 1957,
the company had outstanding $1,875,000 of notes payable to The First

company

covering

$388,273, or $1.63 per share in 1956, to $63,087, Of
26 cents per share. Shaies outstanding of common stock total 238,915
as compared
to 232,222 one year ago.

Sales Up—

1957—4 Wks.—1956

$33,098,908 $30,451,461 $314,975,123

the

the

Lawrence Gas Co.—Files Bond

1956

the like 1956 period.

479,129 for

from

972

users

1630.

p.

sales

(F.

nine months of this year increased to 651,-

for the first

sales

Manager, and will
of
molten sulphur.

Traffic

Kirby, General
to
prospective

A. D.
request

to

$4,881,972 in taxes.
Barrel

,

.

Jewel Tea Co., Inc.—Current

$12,160,221 after

were

Net

payment of Federal and State excise taxes of $7,416,559 as
net sales of $7,902,823
in the like period of 1956 after

on

Period Ended. Oct. 5—

for
the like 1956 period, Bruce Berckmens, President, announced on Oct. 21.
Net income before Federal taxes for the first nine months of 1957
$1.41

or

for

decreased

Detroit, Mich.—Earns. Up

nine months of 1957 increased 44%
from $547,912 or 98 cents per share

first

the

for

income

'

,

sulphur

molten

of

supervision

the

Retail

$787,877

.

_

booklet on, the safe and proper handling
tank cars has been prepared under

illustrated

an

ol

unloading

be

•

that

said

He

the

International Breweries Inc.,

operating its own
100 tank cars in

.

,

safety and ease of handling,

Underwood Corp.,. where electronic
computer equipment
was
manufactured.
Industro has a long-term
sublease on the plant from the Underwood Corp.
;
The "expansion move was taken, revealed Mark Schinuleiy President
of Industro, to keep pace with the firm's growing volume of transistor
orders.
These orders, he related, come primarily from major industrial
firms manufacturing portable radios, computers and computing equip¬
ment, automation controls and audio equipment.—-V. 186, p. 15C4.
tronic

tank

made by F. E. Lewis, Vice-President, who
"said that Jefferson Lake is the first major sulphuri company with
its own molten sulphur tank cars to offer this service convenience to
customers.
He said that approximately 50 cars are now in use and
the licet is being built up rapidly.
Each of the tank cars holds 70
tons of molten sulphur and
was specificially designed lor this pur¬
pose
by
Jefferson
Lake engineers
in collaboration with engineers
from
tile manufacturing corporation.
Mr. Lewis said the cars in¬
corporate the latest engineering design with numerous features for
This

Corp.—Acquires New Facilities—

Industro Transistor

sulphur

bv February, i958,
announcement was

3956.

xuth
ium-week* period ended Oct. 5, 1957 were also
company's 74-year history totaling $132,428,983, for a
14% increase over the same period last year.
Number of stores in operation during the 10th period totaled 1.42.9,
a
3% decrease from the 1,475 stores operating during the 10th period
of 1956.—V. 186, p. 12G4.

SEC

Sulphur Co.—Tank Car Fleet—

Jefferson Lake

service

This

the same period in

Sales

highest in

This

period of more
than a
strike and the
Jixed charges
which continued through the period of the strike ad¬
versely affected the third quarter 1957 results.—V. 186, p. 526.
interrupted production at that plant lor a
'month. The'extra expense resulting from the

iacilities

by 12%.

over

Joseph

reported, topping those for the first 40 weeks of
Sales total*-1 $1,261,769,926, an Increase of $139,314,928

President,

Hall,

1956

5 also reached a new high,

weeks ended Oct.

Sales for the 40
B.

share

would equate to $9 bid and $11 per
of the merged company.

peake & Colorado stock this
for the common stock

7,

Aug.

on

stockholders of the other companies.

outstanding common stoc of Chesapeake
receive one share of common stoat of the
Based on the present market value for the Chesawill

Corp.

asked

and

1957

Corp. and about 500
shares of presently

.50

Colorado

&

shares.

1,851,255

on

of

nine

taxes

months
were

$4,774,539

first

nine

fifty-seven

of

1557,"

$383,907
and

net

or

85

earnings

of

months

earnings

of

sales
cents

were

per

$230,676,

$5,317,536 and
share, compared

or

51

cents

per

1956.

include

the*

sum

of

$113,818

realized

sale

of property and life insurance benefits.
to
shareholders. Eivin E. Hallander, President,. called
quotations on new business which remain at a high level

letter

attention

to

although backlog has ben reduced during the ouarter just ended
The directors have declared a
regular quarterly dividend of 15 cents
10, 1957 to shareholders of record Nov. 25, 1957.
—V. 186, p. 627.
per share, pavable Dec.

Number 5685

186

Volume

.

.

The Commercial and Financial Chronicle

.

McCormick

Completed—The

Offering

Macomber Inc.—Debenture

$1,100,000 10-year 6% convertible debentures dated Sept.
15, 1957 and due Sept. 15, 1967, recently offered through
The Ohio Company, Columbus, Ohio, to Ohio investors,
have all been sold, it was announced on Oct. 24. See
details in V. 186, p. 1264.

(1849)

The
SEC

&

Co., Inc., Baltimore, Md.
Exchange Commission—

and

Securities

corporation

Oct.

shares

filed

10

of

on

letter

a

of

Files With

—

2,040

common

>1957—9 Months—1956

inc. taxes

436,790,000 407,381,000

16,037,000

13,207,000

57,739,000

7,227,000

Prov. for income taxes—

6,369,000

26,765.000

53,772,000
24,959,000

1093.

p.

8,810,000

~~r

Maine

Portland,

Co.,

Insurance

Me.

Statement Ef¬

—

fective—
registration statement filed with the SEC

The

Merrimack-Essex Electric Co.—Bond Issue Cleared by

Securities and
on

proposed offering of 53,500 shares of common
.stockholders; directors, employees and agents of
declared effective on Oct. 10.
a

Aug. 22, covering
stock (par $3) to

the

was

company,

it

The SEC,

Exchange Commission—
announced on Oct. 23, has issued

was

order authoriz¬

an

ing this company to issue and sell, at competitive bidding,
first mortgage bonds, series B, due 1987.

$20,000,000

of

,ianHing
share

Fnrn?ncr=
Earnings

through

offered to stockholders at
$5.62% per share. Any un¬
shares
are
to
be
publicly
offered' at $6.25
per
share
First Maine Corp., Portland, Me., who is the underwriter.

See

V.

the

Of

total,

also

shares

11,000

share and

per
subscribed

186,

are

the

others

to

he

to

at

045.

p.

84%

of

ll

in

net

in

16%

and

income

x.hiih

oi

in

assumed

$8,075,000

merger and

a

to the payment, in part,

(b)

amounting to $14,600,000

payable

is

banks

to

and

England Eleciric System, parent.—V.

of Sept.

as

$6,525,000

186,

is

1505

pp.

1,

1957,

payable

been

with

compared

$23,392,700

nine months ended Sept. 30 were
$20,108,600 for the same period last year.
the

Consolidated net income rose from $851,400 last year to $1,565,400
this year.
Earnings per share increased from $1.69 based on 504,589
shares outstanding last year to $3.02 based on 513,123 shares this year.
—V.

186, p, 1264.

increase

months

of

cn

Oct.

of

tion

'

in

the

on

tne

earnings

share

per

stock

common

net

consolidated

The

common

banks

this

01

for

nine

revealed

was

the

operating

outstanding

45

third

tne

cents

Sept.

the 8,363,813
dividends of

on

preferred

alter

30.

outstanding, alter preievred
dividends of
period in 195S. Provision for taxes in the third

$4,287,500

was

the

For

first

nine

and

1957

in

months

in

$3,929,100

consolidated

the

1957

in

and

$10,517,600.00

in

1956.—V.

over

a

from

the

fiscal

the

mailed

186,

Oct.

18.

deductions

of

equal

was

$5,025,000

$3.43

to

Federal

for

depreciation,

lor

Capital

depletion

ol'

of

profit

in

State

and

income

amortization

and

taxes

of

and

intangibles,

the

on

for

plant

$6,823,552,

tlmberland

roads,

$4.61

or

In

the previous year, the company had net sales of .$61,395,130 and
earning*; of $7,177,079 after cteuiictions of $7,521,000 for taxes and
$2,263,750 for depreciation, depletion and amortization of intangibles.

net

A

highlight

However,
In

the

Chicago
The

and-

the

heavy

has

capital

outlay

into

entered

during

loan

a

will

be

of'

that

the

contemplated

replacement

approximately

and

period, he
with
two

that

agreement

capital

expenditure

improvements

$14,000,000.—V.

for

the

p.

Massachusetts Investors Trust—Net Assets
This

Trust

assets

179.436
were

reports

of

first

nine

of $7,200,000.—V.

Period End. Aug.

Other

income

months

185,

this

Highway

year

1155,

p.

two

for

the

throe

$1,041,762,243,

Net

31—

1957—Month—1956

shareholders.

Total

$1,037,626,857,

net

assets

representing

011

93,088,821

shares

The

by

both

Operating expenses—

15,401.283

15.163,938

123,190,839

companies

taxes—

2.844,282

2,250,818

19,329,516

taxes

1,291,038

1,328,818

12,050,383

117,168,863
17,810,298
11,042,996

Federal
Other

income

operating

of

of

one

Not

operating

after

—V.

Income

charges

3,245,316

2,503,330

22,150.031

19,400,516

2,834,642

—

2,254,642

19,543,836

17,682,562

186, pp. 1265 and 1152.

special

capital

equal to $10.66 per share,
V. 186, p. 421.

30

distribution

gain

compared

with

$10.52

was

14

of

which, together
in

cents

$11.15

February,

share

per

year

a

ago.

;

corporation,

for

it

of

announced

was

authorization

shares

given

to

its

Inc.—Hearing

specialty
Md.,

Asset

Value

issue

$10

par

interested persons

the

Of

not

$10,300 900
Power

<fc

and

sell,

Nov.

22,

at

and

1957,

5,

has

applied

competitive

stock;

common

until

proceeds, Middle South

in

additional

Light

year-end
funds

for

of

the

and

future

the

In

such

applications

of

of

will

further

the

the

to

bidding,

Commission

request

to

to

hearing

a

invest

;

This

has

Fund

reported

total

net

assets

of

$33,524,951

for

them

held

will

in

be

with

subsidiaries

date.—V.

(Louisiana

will

to

South's

for

and

value

per shaTe was
June 30, 1957.

at
.

The

pf

.

Fund

Sept.

Nine Months Ended Sept. 30—
sales
-a

Net

earnings

after

per

be

1957,

Maule

to

$17.89

share

per

compared

as

its

holdings

from

61.68%

23.57%

from

of

at

39

cents

Bruce

has

A.

been

He

26.7%

30.

of

1957.

186,

the

corporate

subject

ol

sepa¬

Industries, Inc.—Stock Listed

portfolio

Common

in

will

as

York—

the

American

on

Stock

Started
as

the Maule OJus Rock

as

Co. in 1913, the company functioned
until July 1, 1936, at which time it became a Maule
partnership.i It reverted to corporate form under the name
Industries, Inc., on April 1, 1947.
Stock was offered to the

lamily
Maule

in December of 1948.

public

Maula
1957

to

Net

last

sales

Sept.

1,

totalled

year

1957

the

total

1956 income for the

tax

was

tax

effects)

$1,142,061;
of

plus

nearly
was

gain

from

and

Jan.

1,

$17,300,000.
after provision for Federal income

company

a

$1,658,095.

$23,000,000;

sale

the

on

Earnings

of

share

per

land

of

(net

income

$1.25.

were

In
May,
1956,
the company
resumed
dividend payments
after a
lapse of our years. Since then it has made regular
quarterly payments.

In

1957

cents

Maule

expects

to

80

pay

cents

share quarterly.—V, I85,

per

per

share,

on

basis

a

of

20

2217.

p.

operates

Crl27,113

171,840%

-$127,114
171,840%

$6.09

Nil

•

...

,

_I.

ILL

1957

the

2,200.114

share—

third

1956

$34,564,102 $31,069,811

for

the

were

73

cents

share

a

period last year.—V.

McCandless,

elected

take

his

over

in

duties

new

charge

in

of

for

sales

*

Angeles

Adex

subsidiary,

Wishari,

first

nine

for

Earnings

for

oi

the

for

with

the

the

same

third

nine

quarter

Co.

this

—

Oct.

22

year

first

Sept.
nine

company.

net

income

with

compared

$76,372,173

against

at

the

end

of

period

a

the

$234,500,568

were

months

compared

last

of

ago

were

on

the

with

$69,804,632

for

Adhesives
E.

Wishart stated

that

outstanding

during

third quarter were affected
by
a
labor
slowdown
in
the
Industrial
Division
in
Philadelphia,
starting in June and continuing into August, which resulted
in a
substantial reduction of shipments of industrial instruments.—V. 186,
p.
346,
earnings in

the

M.

Blake,

President

of

Minute

Corp.

Stern,

Operating

and

on

a

compounds

and

chemicals

nationwide

Federal

and

vinyl

basis.

Paisley

Canada.

established in

was

and

Arthur

1945

Meyer.—V.

by

186,

1957—Month—1956

expenses

income

20,209,437

_

;

12,944,619
2,812,191

taxes-_

operating

taxes-

Philip M.

Liner,

1152,

p.

1957—8 Mos.—1956

$
$
$
18,118,460 152.461,881 137,000,084
11.921,578 100,617,222* 91.532,542
2,273,413
18.227.087
16,560,659

1,457,509

operating incomeNet after charges—V. 186, p. 1265.

1,295,605

$2,995,118

11,844,545

10.250,600

$2,627,864 $21,773,027 $18,656,283
' 2,349,383
18,818,292
16,863,150

2,667,898

Mystic Valley Gas Co.—Bids Nov. 18—

to

company

proceeds

short-term

the

due

16,

Mass.,

purchase

Nov.

1,

from

will up to noon
it of $3,500,000

1977.

given interested persons until Nov.
the proposed financing.
this financing will be applied to the

indebtedness

and

the

expenditures

treasury

Boston

for

B,

5,

1957,

on

fro:<?.

note

improvements
tional

St.,

bids

scries

has

hearing

a

Stuart

receive

18

bonds,

Commission

request

of

441

at

Nov.

on

mortgage

Net

incurred

balance,

lor

therefor.—V.

such

186,

if

any,

purposes

for

payment
additions and

property

will be used to pay for addi¬
to reimburse the company's

or

1740.

p.

Dehydrating & Milling Co.—Expands
Storage Facilities in the Southwest—
has

Maid

been broken at Plainview, Texas, for the
"gas storage" facilities for this company., it
by Henry A. Hofmann, President.

additional
Oct.

on

21

that

stated

capacity

for

Agreement—

International,

a

the

construction
was

of

announced

new
modern storage plant there would provide
350,000 bushels in the
rapidly growing
the country. This is part of the company's over¬

approximately
part of

expansion program, he added.
Construction of the
plant, is expected to be completed in time to
provide storage space for at least some of the current season's alfalfa
crop.
National Alfalfa is one of the largest processors and distributors

of dehydrated alfalfa meal
—V.

186, p.

sub¬

the livestock and poultry

for

Cutler,

President,

Inc.—Expansion—Earnings—

recently

fiscal

the

store

now

stores

ran

has

year

31

and

and

this

locations

are

Three

one

will
in

was

new

company

is

con¬

units were opened

closed.

One

lease

for

be opened
in November.
negotiation.
A total
of

a

A
28

ended

representing

fiscal

vious

made

additional

fiscal

reported,

been

July

currently in operation.

are

the

In

has

of

number

ended

year

the

announced

tinuing its extension of its retail outlets.
in

feed industries.

1093.

National Bellas Hess,

a

July 31 a record volume of $46,576,902 was
gain of 2% over the $45,687,279 for the pre¬
August, the first month of the current year
year ago, but since early September the volume

Sales in

year.

slightly ahead of a
the like 1956 period by a small margin, Mr. Cutler said.
earnings for the latest fiscal year were $1,311,466, equal to
cents a common
share, compared with $1,393,116, or 54 cents a
trailed

Net
51

Minute Maid Corp.—International Signs
Robert

customers

$

Samuel

the
share for 1957 against
$2.20 for 1956.
Earnings for the third quarter of 1957 were 60 cents
per share against 76 cents for the same quarter a year ago, based on
the shares outstanding at the end of each period.
Mr.

latex

industrial

of

plants in New York, Chicago, St. Louis, Los
City
(Calif.), with sales offices in principal

States

revenues

$2.08 per share against $2.20 for the
lesser number of common shares out¬

Earnings on the average number of shares
respective nine-month periods wereN $2.16 per

rubber

all
com¬

Sales

year.

year.

period

year

This

and

their

United

southwestern

-

During the third quarter of 1957, the company sold 331,237 shares of
common
stock
through the issuance of rights
to
its
stockholders.
Earnings for the current nine months based on shares outstanding
same

specialties.

production facilities of the combined
organizations will now be available to further

of

Operating

He

$4,143,615

were

30

chemical

many

Mountain States Telephone &
Telegraph Co.—Earns.—

ago.

this

technical

Period End. Aug. 31—

The

Quarterly

that

$14,448,085

year

of

ended

the

for

weie

last

on

totaled

a

quarter

months

quarter

1957

Products, Inc., which is
industrial and packaging adhesives,

National Alfalfa

quarter a year ago.

same

$194,647,731

third

announced

of

manufactures

Redwood

the

Federal

The

December.

Regulator

period

same

the

$4,995,083 for the
Sales

President,
months

the

tneir

Paisley

and

manufacturers

Federal

and

Ground
B.

the

which

Corp.,

Mortimer

•

■

Association

Paul

Corp.,

of

compared

nationally known figure in the ga? industry,

a

Vice-President

Adhesives

affiliation

the

in a similar line of business,
manufacturing
including a manufacturing affiliate in Baltimore,
Manufacturing Co.
The
affiliation
includes
Federal

manufacturing

$1.36

as

pi '527.

186,

Federal

1,641,212

$1.82

quarter

same

of

and

announce

1957.

9,
a

servicing

standing at the end of that period, Mr. Wishart said.

corporation

a

Oct.

Net

McCandless

Mr.

stocks

New

Listing of the Corporation's 745,677 common shares
Exchange took place earlier this month.

1,157,000
$1,078,383

iruiuiiu

acquisition is

and

Federal

Earnings Rise—

_

Minneapolis-Honeywell
Earnings Off—

$19.26

to

421.

p.

the

corporation
City, mutually

operates

bank
treasury for

comes
to Milwaukee Gas Light from the American
headquarters in New York City, where he has been
Assistant Managing Director for the past two years.—V. 183, p. 3012.
.

for

bonds to
June

63.81%..—V.

estimated...

period—L—L_.

(refund),

share

improve

of
the

Of

1740.

'

taxes-..:—

common

Earnings for
with

pared

increased

30.

trimmed to

were

equal

4.114

this

York

research,

Paisley

repay

other

p.

186,

Net

.

asset

:>$258,341

*$254,227

to

portion

a

prior

program.

used

Middle

Miles Laboratories, Inc.—Sales and

the
1957.

10jl81,774

$2,217,341

__

plastisols.

approximately

subsidiaries

Service, -Inc.)

construction

investments

'later

a

providing
their

be

,

its

of

Public

$1,275,000

operating

at

proposes

two

Orleans

out

carry

proceeds,

balance

Any

New

purpose

to

the

stock

and

investments

purposes.
rate

Co.

needed

remainder

$14,555,397

quarter pnded Sept. 30, 1957, down lrom $34,861,565 at June 30,
At the year-end,
total net assets amounted to $31,535,247. ' Net

Sept. 30,'56
$9,923,433

adhesives,

Corp.

cities

for

Shares—

of

48,

p.

$2,235,383

ttiAra

for

$13,426,06411,208,723

exps

;

larger manufacturers of

the

The

Oct.

on

Financing—

on

thereon.

Massachusetts Life Fund, Boston, Mass.—Deports De¬
in

167>

18,042

vvi,

effective

the

Latex

South Utilities,

is

-

cline

of

New

Chemicals

Middle

.

a

of

184, p. 2016.

Federal

new

Net

Gas

The net asset value per share on Sept.

a.

common

Morningstar

Milwaukee Gas Light Co.—New Vice-President—

150,885

Canada.—V.

•

_

income

on

officers

165,422,673

Higher—

owned

all

1957,

Jan. l,
1964
will-be made

Morningstar, Nicol, Inc.—Merger Effective—

1957—8 Mos.—1956

176,720,769

(EST)

ended Sept. 30, 1957 total
99.024.538 shares owned by
the same date a year ago

in

20,
due

Payment

Sept. 29,'57admin,

—!

...

'earnings (loss)

21,247,404

months

representing

bonds

u

.

and

(net)

taxes

22,781,919

over

next

shareholders.

with

profit

Operating

first

net

Montreal

Nov.

on

interest.

av

the

527.

186,

'

shipments, selling

Operating revenues-

Earnings

reveals

normal

of

shipments

Other

banks.

report

above

years

of

Bank

Nine Months Ended—
Net

"Loss.—V.

of the year was the improvement and
construction
Laurel, Miss., plant, John M. Coates, President, said.
bulk of the work will come during the next 18 months.

M&sonite

1957

Michigan Bell Telephone Co.—Earnings—

the

anticipation

disclosed,

obtained

the

per

the

In

Earnings equalled 34.88 per share.
program'at

has

of

shares*!issufed—....

loans

share.

a

months of

1505.

Morgan Engineering Co.—Reports Profit—

Earnings,

sales

the

stock.

common

improvements,

to

first nine

p.

redemption
mortgage 4Va%

accrued

Common

451,804

$5,076,990

186,

for

plus

had

$886,000.

the

share

per

expenditures

construction amounted

new

period.
Trans
Continental
debentures, sold privately.

year

.

sale

branch

any

called

(closedi

100%,,

Trailer

This

"

and

five

The
pay¬

has

at

ot

1152.

p.

ended Aug. 31, stockholders were advised in a report
This profit, based on net sales of $58,861,372 after

year

$2,450,990

net

1956.—V.

deficit

has

consolidated

a

share for the

a

for

Federal

SEC

earned

cents

polyvinyl acetate resin emulsions

Masonitc Corp.—Stiles and Earnings Decline—
corporation

33

cents

corporation

extended)

Cost

6.

has offered $5,175,983 for Highway Trailer.
to pay $'2,000,000 in cash and the rest in notes,

plan

cash

operating

*

The

Nov.

on

1956.

net

earnings
were
$10,596,415 or appioximately $1.27 per share on tne 8,363,813
shares outstanding, alter preferred dividends oi $481,110.00, compared
with S8.876.278.02 or approximately si.12 per share on
the 7,894,946
shares outstanding, after preferred dividends ot $603,202 for the same
period in 1953. Provision for taxes in the first nine months was
$11,784,900.00

meeting

Continental

able

quarter

share

per

snares

for tne same

$200,951

special

a

Trans

corporation and its
of 1957 were

of the

earnings
for

affiliate

and

7,89*,946

quarter

13

outstanding first

(as
at

nine months

the iirst

$136,951, compared with $3,275,847 or approximately 41 cents per share
on

was

with

Continental, which oh Oct. 23 elected a new President,' Charles
Lawrence Schneider, former Executive Vice-President of the Fruehauf
Trailer Co.;
had sales last year of $2,626,655 and sustained a net

first

tne

corporation

earnings for

with such

approximately

or

snares

at

purchasers

1956.

constituent

companies

The

'

Trans

Higher—

13%

Corp.—Earnings

13%

comparison

$3,771,813.64

s

wviwip

of

1957

in

8

%

Charnay.

Nearly 97% of Highway Trailer's stock is owned by the New York
Shipbuilding Corp., a suosiaiary of Merricc-Cnapnian & Scott Corp.
Stockholders of Highway Trailer will be asked to approve the transac¬

.

Midland

Marine
An

ated

compared

its

13.

for

Corp.

Monsanto

Merritt-Chapman & Scott Corp.—Plans Sale of Unit—

greatly increased demand for dual exhaust installations.
More than
50%
of today's new cars arc equipped
with dual exhausts.
The
unusually large increase in net income is a result of automation.which
reduced unit costs as sales increased.
sales

$1.35

and 841.

This corporation
has decided to sell one of its subsidiaries, the
Highway Trailer Co., to Trans Continental Industries, Inc. The latter
produces all types of hardware equipment and is controlled by David

net

21,446,4&1

JJIith net income of $31,710,000 for the first three
50^ ow»ed companies of Monsanto are the
Mobay Chemical Co. and Shawlnigan Resins
Corp.
equity in undistributed earnings of the domestic associ¬

J!

i

Cnemstrand

to

reported by this corporation for the nine months ended Sept. 30, 1957.
Howard E. Wolfson, Chairman of the Board, ascribed the sharp rise
to record muffler and exhaust system part sales resulting from
the

Consolidated

28,813,000

$1.44

Montreal Apartments Ltd. —To Redeem
Bonds—

84%—

have

sales

net

heretofore

.u-k

ol short-term indebtedness

Now

Maremont Automotive Products, Inc.—Net Up
Increases

n

30,974.000

21,465,813

$0.32

$0.41

If0,?1?6 °l the consolidated companies, together with Monsanto's
proportionate share of the undistributed income of its domestic 50%
? niassociated companies, was $37,943,000 for the first nine months

nuoltf J"

proceeds of the bond financing ar« to be applied (a) to the
.Muption of securities of two of the constituent companies of Merri¬

6.838.000

21,446,461

21,465,813

per

Net

5.31 %

Subs.)—Earnings—

139,644,000 127.124,000

Prifitalhfr«vr"^*"~;
<

(&

1957—3 Months—1956

the

with

stock (no par) to be offered
to
certain
employees
at $24.50 per share.
No underwriting is
in¬
volved.
The
proceeds are to be used for working capital.—V.
186,
covering

.Monsanto Chemical Co.
Period End. Sept. 30—

notification

13

share,
than

year

a

earlier,
a

before.

August's

September's

but
year

he

ago,

net

profits

said.—V.

slightly

was

are

185,

indicated

than a year
slightly smaller

greater

to

be

p. ,2560.

sidiary, announced

May Department Stores Co.—Expands in California—
Plans

lor

mission

an

$18,000,000

valley

shopping

company

announced

were

Oct.

011

center

10

by

in

San

Morton

Diego's

D.

Mav,

President.
..

The

include

a

The

May
and

new

details

has

known
Mav

Mission

as

Valley

store, one
restaurants
aid

company

supermarket,

chain

with

stores,

center

that

new-

will

partnership

in

Bond,

Mr.

be

parking

worked

May

jointly

with

May

for

Center,

or

more

than

more

than

more

50

7,500

a

owned

group

and

headed

operated

by

W.

by

B.

the

Miller

dates

cannot

be

set

until*

additional

out.

company

.complex,

Eastland

Shopning

Center,

just, been
the

completed'at West Covina in the Sar. Gabriel
Valley.
South Bay "Shopping Center, is now
under construction

R^dpp0<j

Beach.

4

In

jaiioperation
1

agreement, the
International, provides
nical

^

i

addition;
.

iii

the

'




Lo^
*

1

'the

company

Angeles
-

"

ha*s

area.—V.
'

four

other

p^'1740.

18G,
'

,

186, p, 1377.

National Distillers
Period End. Sept. 30—

Net

Molybdenum

Corp.

of America—Stock Subscriptions
Oct. 22 announced completion of its
offering to stockholders of units consisting of one com¬

—This company on

share and

one stock purchase warrant.
Of 196,994
126,426 were subscribed by stockholders.
Another 50,000 units will be taken by Bongard & Co.,
of Toronto, Canada, which underwrote fhe offering on
a partial basis.
•
mon

units

offered,

The
The
come

176,426

units

sold

constitute

of. the

89.6%

Jrom

also -V;

186,

number

offered.

total receipts will be $3,699,052, of which $2,686,552
stockholders anci $1,012,500
from
the
underwriter?.
See

corporation's
p.

1505.

;

'

,

;

127,695,445

from

for

Fed.

income

shs,

41,237,529

838,198

3,475,577

2,570,333

—6,658,000

in

4,802,000

20,002,000

17,628,000

506,869

2,309,402

2,220,956

subsid.

The
sponge

^

831,878

^

L-LllL--1

5.232,876

4,409,110

15,450,550

14,516,811

sh._

8,658,366
$0.55

8,483,161
$0.46

8,658,366
$1.62

8,483,161
$1.54

for

dividends on

com,

provision

corporation,

production

Titanium

36,936,100

10,556,177

outstanding--'

per

•After

123,995,802 392,598,468 388,905,924

1,206,181

L

NetUhcome

•Earns,

Subs.)—

on

companies

Com.

(&

1957—9 Mos.—1956

13,928,935

taxes

—

Minority! int.

Corp.

after

oper.

deprec. and reservesInterest charges
Prov.

Chemical

&

1957—3 Mos.—1956

sales

Earns,

will
other

said.

construction

have, been

pranch
•

H.

major

Ano.ner,
neat

be

said.

80-acre

company

said

a

and

May

Ross

He

A

stores,

shops

Mr.

cars,

to

300,000-square foot

department
specialty

This

—V.

complex-,

new

on Oct. 24 the signing of a royalty agreement with
Robinvale, Australia, covering processed citrus products.
first of its kind ever signed by Minute Maid
that the American company will furnish tech¬
assistance and production consultation
to the
Australian firm.

Murray Groves.

has

to transfer its zirconium and Itanium
at Ashtabula, Ohio, to .Mallory-S^aron
jointly owned by P. R. Mallory, at^Co.,

agreed

facilities

'Corporation.',

preferred stock.

(now.

,

Chronicle

The Commercial and Financial

14

P. R. MaHor>

of

to

Mallory-Sharon

v
1
...
remarkable resistance to corrosion by mineral acids, as
to strong acids and alkalis, is important
to' thes chemical and other process industries.
It is a strong, ductile,
conveniently fabricated metal with good heat transfer characteristics
and outstanding corrosion properties.
.

—V.

186,

split.

Balance

in

the third quarter of 1956 were: $7,983,577
or 47 cents per share, as adjusted

•fabrication ot

p.

1153.

■

ended

Valve

National

Stock Offered —The
Sept. 20 were recently

Co.

Mfg.

&

—

stockholders of record

,

The

uf

will

operating

Net

Co.—Earnings Lower—
Consolidated net sales lor the quarter ended Sept. 30, 1057, totaled
.$4,576,067 compared with sales of $5,269,517 for the similar period of
National Vulcanized Fibre

Net

1956.

equal

to

cents

cents per common- share,
share, earned in the three

per

There

of common

shares

580,000

were

each

of

17

Net

net

compared with $259,685, or 45
months ended Sept. 30, 10:56.
stock outstanding at the close

with

2,691,573

21,746,511

Electric Association—Earnings—

New England Gas &
Association

This

Service Co.

—

about

Cleveland.

'

-

According

Sept. 30. 1957, shows a balance to surplus for that period of $3,622,302
on a consolidated basis compared with $3,817,069 for the same period

After allowance for dividends on the preferred shares,
the balance of $3,568,629 amounts to $1.47 per average common share
Issued
and outstanding in the
current period compared with $1.56

last

year.

average

per

also

voirs.—V.

185,

for

$43,479,510

for

$45,924,525

with

compared

increase of 6 %',—V.

an

•

Tnis

12 months were
corresponding period

the latest

the

ended

Oct.

help

V.

This

corporation

available for

Oct. 21 reported that the balance of net income
was $3.05 a share i'or the 12 months ended

on

common

stock

comparable
Basis of $2.93 a share for the 12 monens ended Sept. 30, 1956. These
earnings per share arc calculated on the basis of 3,337,475 shares of
common stock
outstanding at the end of both periods.
Gross revenues were $86,714,000 for the 12 months ending Sept. 30,
1957 as compared to $81,802,373 for the 1956 period.
Net income after fixed charges and before dividends on preferred
istock
was
$11,757,696 for the 12 months ended Sept. 30,
1957, 'as
compared to $11,378,723 for the previous 12 months period.—V. 186,

Sept.

1957,

30,

compared

as

with

earnings

restated

on

a

•

947.

p.

as

last year.

the

136, p.

1378.

The

voting shares

of

each

without

Co. Ltd.—Stock Split—

outstanding
value

par

and

into

share
one

three

non¬

without

share

common

B

The

for

therefore

on

the

asked

shares

new

to

are

exchange

now

their

available,

Canada.

classes

The

842; V.

p.

have

been

lecord

162, p.

at

declared,

the

close

all
of

payable

business

Jan.

2.

Dec.

on
011

5

1958

to

net

resins,

to

exceed

$12,390,000,
priced to yield from 4.20% to 4.50%, according to
maturity, were awarded to the group 011 Oct. 23 on a

and

bid of 98.621%.
Halsey, Stuart & Co. Inc. bid 98.551 for the certificates, also
and

Issuance

the

Intex-state

The

entire

sale

ol

the

Commerce

issue

of

certificates

are

subject

to

as

4%s.'

authorization

will

be

secured

by

Associates

Securities

<fc

the offering

in

Co.;

end

Drexel & Co.;

are:

Stroud

&

Co.

Inc.—V.

1,500

Eastman

186,

p.

hopper

cars

country
as

.

The

Federal

The
value

IVSP

issued

shares

share, of NSP

5%

of

/Wis.)

cumulative
consists

of

preferred

1,773

(Wis.).

the

will

offer

equivalent to

to

the

all

holders

accrued

$121

per

dividends

share

treasury

and

and

may

customary brokerage fees in connection with the purchase
iaares from other than NSP (Wis.i.—V.- 186, p. 1266




also

of

Outlook Good—

..

.

the

the

of

company

since

field

Board,

i>
"

expects
we

to

believe

"expand

it

be

to

offers

substantial

very

spent

he

replace
will

-

C.

Lillis

seat

New

on

York,

materially in the
great possibilities.

in

plastics in the
the. thermo-plastic

'

of

p,

board

of

in

the

—V.

Federal

filled

was

by

firm

of

Power

to

Commission

Nov.26

in

oral

argument

D.

C.,

in

has
the

been

anv

by
this company requesting a
license for .its. proposed
Mountain
Sheep-Pleasant Valley hydroelectric project on the Snake
River in Idaho and Oregon.—V. 186, p. 423.
•
,
,
.

/

at

3.000,000
. %
$1.26

out-

$1.27

of

Co.

New

Hampshire

underwriting

—

and

Bonds

group

headed

Oct. 1, 1987, at 101.12% and accrued in¬
yield 5.30% to maturity. The issue was won

J,

There

due

was

51

a

%

Oct.

sale

bonds

of

An

an

after
the

&

were

Co.,

.

if

called

in

52b%

and

101.059

bonds,

the

,

Blyth & Co., Inc.

by
for

White,
the

Weld

sinking

the five months

30,

group

headed

bid

group's

.

100.07 by
&

a

of
.

group

headed

Two bids received
and 100.709 by

Co.,

at prices ranging
Sept. 30, 1960, to
pricss over the entire

fund

ending

1987.
General redemption
issue range from 106.50%
to 100% .
Sept.

underwriting

Peabody

application

on
..

other bid for

Halsey, Stuart & Co. Inc.
The
bonds are
redeemable
101.09%,

23

.

one

Peabody

Kidder,

by
for

life

pay

shares

total

on

.

competitive

at

postponed
on

outstanding

3.300.000

Service

100.13999%.

100%

proceeding

1956

by Equitable Securities Corp. offered publicly on Oct. 24
a new issue of $8,000,000 of ^5%%
first mortgage bonds*

Co.—Postponement—

Washington,

stock

common

1544.

p.

Public

Bear,

from

of

Common Stock Offered—An

Donald

nav

such

21

$32,186,316;

..

—

terest to

brokerage

2-—

share

per

186,

from

Nov.

1957,

1957

Sept.. 30—

based
standing at Sept. 30.

1047.

Pacific Northwest Power

periods:

respective

the

for

$43,096,132 in 1956. Book value per common share
compared with $35.72 in the nine months of 1956.

General Electric Co.—Earnings Increased—

30

Earned

..

directors

capital

—

shares

Sept.

may

anv

income

Total

President—

partner

the
a

184,

set new

_2_ $27,090,005 $25,582,716
4,192,707
3,779,884
Average common shares outstanding_.________
3,166,667
3,000,000
Earnings
per
share based on average shares
/.
'—I
outstanding
$1.32
$1.28>

Lachner

Co.—V.

again

Working

Net

opinion."

of
&

1957,

compared With 101,935,737
this year were $38,564,386,

$31,304,703. Net worth for the nine months ended Sept. 30 totaled

Mr.

Lachner's

Mr.

Stearns

as

of

Operating revenues

on
Oct. 21 resigned as President,
citing a
and Harris Perlstein, Chairman, was elected
Lochncr.
Mr. Perlstein, who has been President be¬
continue as Chairman.

S.

of

quarter

378.

series

to

third

30.

ended Sept.

$116,760,360,

to

the

1957,

Portland

we

Pabst Brewing Co.—New

lor

months

nine

first

amounted

Sales

Nine Months Ended

indebtedness has been slightly reduced sinee-the first
will reduce it further during the coming months,"
He indicated he does not foresee any need for long-term

continued.

sales of

.

a

financing in the near future.—V. 186, p. 732.

reported

Porter Co., Inc.—Sales at New High—

and

$47,093,535 in 1957;
increased to $40.13,
—V.' 186, p. 323.

....

has

stock.

the. company

1956,

.

■

..

old

of

1957,

company's

this

said

of

of

in 1956". Profit before taxes on income in
$9,797,572; in 1956, $7,840,224. Taxes on income were $5,195,500,
against $2,203,300 in 1956.
Net profit in 1957, $4,602,072, as
compared with $5,636,924 last year. Earnings per common share/after,
deducting preferred dividends, for the first nine months of 1957 were
$4.26, compared with $5/24 in the same period of 1956.
Total assets of the company at the end of the nine months of 1957
were
$84,622,487, as compared
with $71,105,791 last "year.
Cash on'
hand at the close of the two periods: 1957, $13,387,194; 1956, $12,420,in

par

outstand-

V

.

1957,

.

$4.49 per share on sales of $495,97.4,200 in 1956.

expect

and

year

The

(Minn.)

amount

stock

shares

ln.„the hands of the Public and 1,598 shares in the

NSP
an

per

-

the largest fabricators of thermo-setting

company

fore,

Power

presently
$100

said

and we
well."

"difference

Commission
has
authorized
this
company
to
acquire the presently Issued and outstanding preferred stock of its sub¬
sidiary, Northern States Power Co. of Eau Claire, Wis.

advisable.

Compared with $32,686,283

with accrued

;•

-

"Our long-term

Dillion, Union

ently Issued Preferred Stock cf Its Subsidiary—

44%—

Up

share

per

months

nine

gain

the

for

1956.

in

.

lot of money in the last two years on
plants which have not yet had time to return any earnings,
Mr.
Megowen pointed out, mentioning recently completed plants in Port¬
land, Ore.; Atlanta, Ga.; a major expansion of the Bridgeton, N. J.,
plant, and new plants now under construction in Cuba and Venezuela.
The

1740.

(Minn.)—To Acquire Press

the SEC

Oct. 21

on

$1.36

or

iirst

(II. K.)

;

Sales

1959;- thereafter and on

1,

and thereafter at 100%;

10,

the

records,

<

George's

Chairman

among

Marshall

Northern States Power Co.

v"

be used to pay in part the cost of con¬
School in New York City, which, it-

to

are

fabrication

are

of

twUL«leseI electric general purpose locomotives, estimated to cost
S>Xb,D.iUfUUO.

with

notification

of

36% over 1956. Net earnings were $3,247,000,
a gain of 37%This represents 87c per share on the new shares, $3.49
on
the old shares.'—V. 186, p. 1378.
*
' "•

Megowen,

Levis,

plastics

of

Commission.

certificates

before Dec.

or

••

St.

new

a

Levis

Mr.

installment

not

proceeds

of

on

101% ;

at

case.

Oct.

For

business
could be divided into three major categories: glass, comprising not' only
containers but
all -other glass items
the company makes, including
Kaylo insulation; forest products, including timber and paper-making
facilities, and plastics manufacturing.
.
..
P.

We

aggregate

1961

1,

The company earned

$4,110,000 of 4%% equipment trust (noncertificates, maturing semi-annually May 1,
1958 to Nov. 1, 1972, inclusive.
The certificates, first
an

102%

at

funds

administrative expenses.

offered

callable)

of

paid

estimated, will cost approximately $1,784,612, including equipment.

J.

251.

letter

a

Corp.—Earnings

corporation

*$30,559,000. • a

President, on Oct. 7 told the New York Spciety of
Security Analysts the company's 1957 earnings should equal or surpass
last year's despite heavy expenditures for research and'non-recurring

186

Norfolk & Western Ry.—Equipment Trust Certificates
Oflered
Salomon Bros. & Hutzler and associates on Oct.!
24

(New York)—Bonds

Owens:-Illinois Glass Co.—Earnings

share¬

1957.—V

filed

7

reported sales for the third quarter of
period in 1956 of 42'„. Net earnings
were up 44%;, to $1,265,000; representing 34c per share on the 3,066,384
shares of common stock outstanding following the 300%- stock dividend

1,

in each

V Carl R.

-

of

Oct.

on

With

M.—Files

mineral; oil and gas .properties as may seem

Polaroid
This

new ones.

quarterly dividend of 15 cents on each class 13 share and each
common share plus a year-end dividend of
15 cents on each share of
holders

'

shareholders

and

old certificates for the

A

both

"

may

Dec.

befoie Dec.

interest

par

..This exchange may be effected by surrendering the old certificates to
the company's transfer agent,
The Royal Trust Co., at Montreal or
Toronto,

"

103%thereafter and

struction

Certificates

.

•

be redeemed from borrowed funds at 104 % on or
1959; thereafter and on or before Dec. 1, 1961 .aton or prior to Dec.
1, 1964 at 102%; thereafter
or
before Dec.
1, 1966 at 101 'j:\ thereafter at 100% ;,,witlf
interest in each case. The bonds may also be redeemed-through

bonds

prior to

is

,

company

holdings of

Bend, Wis., on Oct. 9
publicly $700,000 of 5%, 514% and 5V2% first
mortgage serial bonds, dated June 1, 1957, and. due semi¬
annually from Dec. 1, 1958 to and including June 1, 1972.
The securities are priced at 100% and accrued interest. ,%'•

ing

and

"

.

Order of St. Basil the Great, Inc.

value is

now efcctive, the necessary Supplementary Letters Patent hav¬
been issued on Oct. 3 0, 1957.

.

128.175 shares of common stock to be offered at par ($1
without underwriting.
The proceeds are to be used for
exolortaion, development and
mining; also to acquire such further

offered

or

class

;

share),

Der

Offered—B. C. Ziegler & Co., West

unborrowed

subdivision

-

v.

.

$11,516,000, a gain over the same

and

Niagara Wire Weaving
The

.

1378."

186, p.

covering

•

-

based on 449,793 common shares currently outstanding.
before non-recurring expense for research and development
company's new Orangeburg SP Plastic Pipe, were $1.87 per share.

accrued
-

and sheet- glass.

Pivot Rock* Mining Co., Alamos, N.
' Securities and Exchange Commission—

Increased

Earnings,
of

.

.

both

year,

—V.

..

Initially, the plant will have one glass tank and four Pennvernon
machines. The glass tank will be larger and the four glass
ribbons
produced
by drawing
machines will be considerably wider
than
those in older Pittsburgh Plate Glass window glass factories.

State Electric & Gas Corp.—Earnings Up—

New York

sewage

drawing

Earnings, after taxes, totaled $796,845, or $1.77 per common share,
with $314,008, or $1.81 per share in the similar period last

Merritt-Chapman <Ss Scott Corp. above.—V, 186, p. 1265.

See

Engineering's

Virginia

months.

13

improvements,

land

in-plant roads,

of

thicknesses of window

mercial

compared

Shipbuilding Corp.—Proposed Stile of Unit

York

New

on
includes

is

project

the

time

.

reported sales ol' $9,124,523 lor the 36
compared with $3,878,421 iny.the com¬

22

1957,

on

8,

Sept.

period

parable

1543.

186, p.

corporation

weeks

-

,

615.

p.

Orangeburg Manufacturing Co., Inc.—Sales

4

•

%
'
Ca.r |
in charge of the

erection of the building, and
disposal plant and parking lots,
Pittsburgh Plate's expanding fabricating plant at Lincoln. 111., will
he
supplied glass from
the new Illinois plant.
The Lincoln plant •
produces Twindow units,
glass to glass sealed insulating windows
which are finding a rapidly expanding market.
■
The unit will contain approximately 450,000 square feet of inanu*
lacturiug and storage space.
Planned production includes all com¬

i'iie protection in Northeastern and Central Ohio.
The
operates fishing and recreational facilities, on Its reser¬

and

company

to

construction

untreated water to residential,
industrial customers and provides water for municipal

and

purposes

share outstanding for the corresponding previous
2,431,295 and 2,392,168 average common shares out¬

on

in the respective periods,
Total consolidated operating revenues
year,

commercial

80-acre farm site'
contractor * will be

an

glass.
v r
preparation work will be underway within two weeks and erec-'
the five story structure will begin in March.
Estimated com¬

contract

and

treated

supplies

company

of

pletion

bonds,
G.
in
F/
of

_

common

period based
standing

last

The

on

General

Decatur.

of

of Newport, News,' Va.
■
Robinson F. Barker, Vice-President

sheet
Site

tion

purchase $2,000,-

proceeds will be used by the Ohio Water Service Co.' to
construction bank loans and to provide new plant facilities.

The
repay

southeast

miles

lour

company's'glass division, the new facility will- utilize newly developed
mechanical and electronic equipment in
the manufacture/of window

Loan Arranged —The New

1, 1987, of this utility company,

announced that the. general construction
on
a
multi-million dollar window glass

Oct. 18
awarded

on

had' been

Virginia Engineering Co.

according to
Taylor Evans, President. The issue will be completed
January, 1958. The financing was arranged by Blair
Claybaugh & Co. of Harrisburg, and McDonald & Co.

12 months ended

for the

of earnings

in a summary

1094.

p.

to be located near Decatur, 111.
The
ultra-modern
plant will be located

20.426,242
20,532,891

$3,000,000 loan of 5.70% first mortgage

a

186,

cents.—V.

plant

..

.

This' company

*'

contract

1266.

p.

000 of

tne first nine months this year
share, compared with $818,007,
share, in the like nine months last year.—V. 186, p. 215.

$1.41 per

21,644,336..

York Life Insurance Co. has agreed to

1057 totaled
nine months

the- first nine months of
sales of $16,215,991 for the

for

sales

compared

2,648,926

2,818,048
2,817,514

income

charges——

due Oct.

Consolidated

1,480,968

.

•'

19,127,696 159,102,281 148.569,142
12,413,194 103,047,641
96,472,284
2,771,319
22,497,731- 21.261,367
1,294,257 11,912,073 10,403,299

or

ended Sept. 30, 1956. Net earnings lor
amounted to $555,058, or 96 cents per
or

186,

Ohio Water

period.

$14,957,513,

after

—V.

quarter amounted to $97,320,

third

1057

the

for

earnings

taxes—

<£

$

$

operating

to 7%

cents

5

Pittsburgh Plate Glass Co.—To Build Plant—

1957—8 Mos.—1956

1957—Month—1956

Operating revenues
!_ 20,232.553
Operating expenses-,13.011,988
Federal income taxes„„
2,921,549
Other

.

Co.—Earnings—

Telephone

Period End. Aug. 31—

Mich.—Earnings Up— %

on

mobile

from

1055. with its
operates plants

incornorated in Delaware on June 6,
Incipal office at 3101 Liberty Ave., Pittsburgh, Pa.,
Pittsburgh and Etna, Pa.—V. 186. p. 1377.
company,

share.—V.

Bell

Ohio

which was made to holders
95,080 shares. It was not underwritten.
be used for plant expehsior^ and lor working

remaining
proceeds

Tne

per

Earnings for this second six-month period amounted,
186, p. 1378.

fiscal year.

58c

to the offering

their rights
</f the

the

to

shares had waived

owning 246,020

stockholders

cipal

of

President,

Bcynlon,

D

buying
largest
mobile
homes industry throughout the country.
" ."7v
He further stated that the company has recently opened its second
Florida office located at Tampa. Florida has led all other states in the
purchase of mobile homes for the past several months...
.'
Reflecting both the'increased earnings and favorable outlook, the
directors, have boosted
the quarterly dividend on the common stock

increased

the

$1.81

•

of $318,000.
Boyntou stated that the company, which specializes in the
home paper from dealers, is currently buying the
amount of such paper in its history reflecting the activity in the

Phelan, Chairman of the Board and President,' stated that
sales and earnings weve realized in the last six months

M.

James

given the right to subscribe on or before Oct. 21 for
142,620 $1 par common shares at $2 per share on the
basis of IV2 new shares for each share held. Five prin¬

$2.03

Mr.

of

to $252,946 from $177,222 in 1956, or 88c a
share compared with 62c a share the previous year 011 .the 287,815
shares outstanding Aug. 31, 1957.
,
"
I r
'

ings after taxes increased

common

$2.40

$2.57
-

year

been announced by this corporation. Net sales were
compared with the previous year's sales of $2,197,874. Earn¬

$2,587,193

stock:

taxes—1.

Sept. 30 stated that earnings of'
this company for the six months ending Sept. 30, 1957, will be in the
neighborhood of $325,000, after taxes and provisions for preferred divi¬
dends. This figure compares with earnings for the entire previous fiscal

1957 has

31,

Aug.

'■

$6,802,112
3,757,050

4,142,600

Pioneer Finance Co., Detroit,

Increased.

and earnings for the fiscal year

both net sales

high in

new

1,020,619
$8,427,274

—

provision for deferred taxes——186, p. 1632.
v
•;

—y.

-

Nuclear-Chicago Corp.—Sales and Earnings

*

After

Frank

A

2,208,167
$7,471,321;
669,209

—

.

Earnings per share of common
Before provision for deferred

'

,

President; noted that he expected a strong fourth
quarter in sales and earnings to enable the company tp set newrecords again in 1957. This would be the tenth consecutive year for
record sales and the sixth straight year lor record earnings.—V. 186,

$502,141,426 $468,310,855

2,229.583
$9,447,893

amortization—'—

income

outstanding end of period—.—

Shares

for

income,

net

$15,393,137 $13,739,526
"3,715,661
4,060,038

—

resulting

taxes

Preferred dividend' requirement—
.

George W. Bengert,

1957—40 Wks.—1956

1357—4 Wks.—1956
$54,821,087 $48,506,029

Oct. 5—

046,

p.

stock

the

Sales Higher—

National Tea Co.—Current
P« riod Ended.

6ales

8896,898

and

.

—

_

(net)

income

deferred

of net

Balance

1

:

other deductions

for

accelerated

from

the company reported $8,949,355 in
which equaled 70 cents per- share.

1957

income

net

for

figures

Comparable

of

quarter

$1,333,610

income

Interest and

Provision

;/ /I'-■

>

third

the

and

sales

______

Gross

27T* over the previous record;,

per

V. 186, p. 84-.

assistance to users on the melting and.
as on its properties and applications.

technical

offers

virebnitun, as well

$15,335,745 $13,647,969
57,392 ^
91,557

„

Other

set for

was

1957.

May,
For

owned by Columbia-Southein Chemi¬
and National Research Corp., is supplying commercial-grade
sponge from its Santa Rosa plant in Florida.
The company

ssimmium

which

income equaled $1.55

sales

alternate exposure

Columbia-National Corp.. jointly
Corp.

to $2,946,205, or

income amounted

$2,284,139

in

Zirconium's

cal

an

the first nine months of 195G. This
share on the 1,899,016 shares of common
stock
outstanding at Sept. 30,
1957. compared with $1.21 per share
for the 1956 nine months, as adjusted to reflect a 2-for-l stock split
of

net

I<357.

by

taxes

comparable 1956 period.

the

for

Net

as

$24,430,838,

totaled

Corp.—Unit Exhibits Zirconium—
Columbia-National Corp.
will display zirconium in the form of
sponge,
ingot and mill products at the 26th Exposition of Chemical
Industries to be held at the Coliseum in New York City on Dec. 2-0,
well

and

expenses

34.507.295

operating ihcom e———__
income
(net)
—/———

Net

months ended Sept. 30, 1957
increase of 13%' over the $21,596,919 reported
nine

the

for

sales

net

1956

$46,811,655
33.163,686

——

-

Consolidated

Research

National

Operating

Earnings Up—

Pharmacal Co.—Sales and

Norwich

Mallory-Sharonl

jnanie

1957

$49,843,040

31—\

Months to Aug.

Operating revenues

33Va < of the
Titanium Corp.. ^hich wi., then change ilj
Metals Corp. Each of the three stockholders
will
have
equal
representation on the board of directors of that.
Company.—V. 186, p. 1543.

fctock

.

1957

Monday, October 28,

.

.

Co.—Earnings Increased—

Pacific Power & Light
12

(Minn.) above.—V. 186, p. 1266.

States Power Co.

See Northern

of

(Wis.)— Parent Buys PId.

States Power Co.

Northern

stock and de¬

Steel Corp.i In exchange for capital
Mallory-Shai on Titanium Corp.
•
On completion oi this transaction. National Distillers,
Co., Inc.,
and Sharon Steel Corp. will each own
Sharon

and

tne

bentures

&

.

(1850)

jointly

Kidder,

by

& Co. Inc. and Blyth & Co., Inc. also offered

(Continued on page 53)

;

'

'

..

^

Volume

186

Number

5685

.

.

The Commercial and Financial
Chronicle

.

(1851)

\

DIVIDENDS
tables.

nounced

table

in

are

grouped in two separate

indicate

we

which

all

show

we

the

the

i

.

„

^dividend's

" When

Aeroquip
Air

Corp.

_Z

(quar.)

'

Gas

Corp.,.

(quar.)____j__

15c

11-

'

common

preferred, tquar.r
Portland

American

Home

Stockholders
the

of

<

Co.

approved
shares.

i

effective

when

amendment

ation

with

scheduled

American

its

take

to

Potash

&

preferred

Chemical,

American

which

Smelting

American

Window

action

cl.

A

Anvil

B

on

com.

Oct.

on

Inc.,

$1.10

75c

'"11-29

11-

31 %c

12-

(Quarterly
and.

of

...

(quar.)

:

62%c *"_ II- -'I
-?28c
M2-.1

1 7/lOc

Bailey-Selburn
5%

of

&

12-

Bond

America

Barker

Bros.

Corp.

Beck

(A.

Bell

preferred

11-

&

Howell

4%%
4%%

Co.,

Bishop

Oil

Co.

Blackstone

'

11-29

12-

12-20.

12-

3

11-15

11-

11-20

11-10

_i-_

'•

25c

In6.

Stock

2

11-15

25c

12-

2

11-15,

12-

1

11-15

12-

2

.'11-15

11-

1

10-26

(quar.)

5c

...•

British

(quar.)_____

Bullock

quarterly

of

Power,

Fund, Ltd.

plus

ordinary share)__

investment

10-25

25c

12-

35c

"

12-15

1

11-27

11-

12-

11-

5

V„

*•

-

...11-

1

11-

1

43%c

>

■'.%

___J

$30c

Fund, Inp. (fiscal year-end)
cents" from • net
investment
Income
plus 52 cents from net securities profits)
Canadian Utilities, Ltd.,
5%
pfd. (quar.)__

4%%-preferred (quar.)

..

12- 2

10-31

t$1.06

11-15

„12%c

——'

12-

2V

*'Ektra*;.

I2%c'

12-

,

2

11-30.

11-

Stock

'40c

/___

12-

Service

(quar.)

;

'11-

$3

convertible

preferred (quar.)___
I

12-

1

$1

12-13

Coca

12-17

12-

11-15

common,

(monthly)

Natioiial

11c
11c

(monthly)
preferred ,,(quar.)

Columbian

(monthly)

I

Common

Life

i

.

Insurance

(Boston

Co.

of

N.

Continental
-

American

(Wilmington,

Del.)

:—

5%

preferred

1

Corson

(G.

&

W.

.

H.)

j Stock
dividend
Cosmos Imperial Mills, Ltd.
& Sexton Co.—

4,2%
Crown

conv.

Nest

preferred

Pass

Zellerbach

Coal

12-16

11-

12-13

11-29
10-31

i

/

Kcrlte
Extra

8

4.80%

>'

.

and

*

25c

(quar.)__

11-21

11-

50c

12-

10-30

10-21

1

11-

12-

6

-

11-22

Krueger

26c

11-30

.

11-10

Kusan,

.

~

U7V2C

1212-

6

6

Knox

(S.

Kromex

60c

12-18
12-

2

2-14

6

11-20

11-15

•

Title

Land

12-20

12-

2-

Y.)

(stock

Co.

A.)

______

11-15

Laura

$30c

12-

2

11-

Le

$1.05

12-

2

11-12

8

10-22
11-15

34%c

12-

2

11-15

12-

2

11-15

12-16

Secord

<fc

12-2

5% %

35c

11-

9

10-29

11-29

11-15

1-

6

2

12-20

12-16

11-25

12-16

11-25

12-

1

11T

1

11-15

11*

I

11-30

11-

9

12-10

11-14

11-15

11-

1

50c

11-22

11-

6

11-22

11-

6

10c

11-27

11-

9

12-

2

11-12

12-16

11-15

25c

'2%

11-15

-

—:

11-

8

50c

1-

2

12-

6

2%.

1-

2

12*

6

12-

2

11-15

12-13

11-15

11-26

11-12

$1

$1.01%

—

7

1-

1

12-

6

1-1

12-

Q

1-

2

10-2B

5

12-

15c

1-

2

12-

5

15c

1-

2

12-

$
5

15c

1-

2

12-

$1

12-

2

11-20

12-10

11-21

45c

50c

12-20

11-22

Inc.—

vote

the

Nov.

011

shares

1

on

on

Public

a

pro¬

5-for-l

a

Service—

(increased)

Quebec

first

Northeastern

—_—-——

(quar.)—

Power,

preferred
Water

44c

(quar.i

com.

(quar.)

12-30

:i:40c

1-24

169c

Ltd.,

12-16

11-22
12-31

11-22*

Co.—
:—,—

$1

12-

1

11-15

Norwich

Pharmacal

Co.

70c

(increased)

_____

Extra

—___

11-25

11-

10c

Ogilvie Flour Mills,

11-25

11-

5

30c

12-10

11-

8

10c

12-10

11-

8

5

Ltd.

12-20

11-29

Old

12-2,

ll*19

12* ,2

12-

2

11-19

12-

2
2

12-

Machine

&

Republic Life Insurance

Quarterly

—

Corp

11-19
11-19

11-39

12-31

1-

2

11-20

11-

7

10-24"

12-11

11-23

11-

10-18*

(Chicago)—
20c

—___/_____

(

1:25c
$2.50

11-19

12-

.

Forge

11-19

32c

(quar.)—

1'25c
Ohio

2

1

20c

Mississippi

River

Products

12-16

12-

5c

Oklahoma,

12-16

11-15*

5

Line,

Omar, Inc., 4%% class A preferred (quar.)
Owens-Illinois Glass, common (quar.)_____—

$1.12%

12-

2

11-13

62 %C

12-

5

11-12

$1

1-

1

12-

12-10

(Ontario)
/
—

$40c

75c
3c

$1.50

—

1-

2

12-15

J2-11*

11-

6

5

10-25

11-30

11-15

11-

America—

r

$1.25

—

—__

com.

11-15
1-

11-

(quar.)

4%

preferred (quar.)__Z

Pacific
011

25c
5%

3

4%

12-10

11-26

$1.25

12-31

12-13

12-16

1-15

12-16

32c

.12-

1

11-15

12-

1

11-15

44c

12-

1

11-15

15c

12-

2

11-

—_

50c

11-29

8

93%c

2-

1

12-11

11-22

1-10

12-20

—.—

Dredging,
Industries (quar.)

Tool

Fuel

Gold

Inc.

Gas,

3.70%

Ltd.

/_

37'1'C

12-13

11-29

50c

...

from

1

11-

1-

1

12-10

11-20

10-31

income
11-15

11-

50c

12-

11-15

10c

:

11-15

1 %%

2

11-

1

1

14c

11-15

10-31

5%

11-14

10-31

(quar.)

10c

preferred
preferred

11-20

11-

5

(quar.)__;

Inc. (quar.)__/
(quar.)

4.70%

preferred

(quar.)

(quar.)

1

11-29

12-16
11-

11-15

10-31

11-

10-1 J

1

1

—

$1.10

12-

2

11-

8

12-

2

11-

8

12-

2

11-

8

$1.17%

12-

2

11-

H

4.50%

$1.12%

12-

2

11-

8

4.60%

$1.15

12-

2

11-

8

11-

I

preferred
(quar.;
prefeired
(quar.)
Pennsylvania Railroad—
The

fourth

dividend

quarter

considered

„

meeting,

at

the

payment

November

rather

than

Co.

this

will

board

(quar.)

at

month's

meeting.
Perfect

Circle

Manufacturing (quar.)
Philadelphia Suburban Water,

pfd. (quar.)

Stock

Pittsburgh Coke &
$5

Chemical,

com.

?

;
—

(quar.)—

(quar.)—:—

preferred

$4.80
preferred
(quar.)
Plymouth Oil Co. (quar.)—
Stock
Poor

&

Portland
Potash

Co.

Coke

&

of

5

Price

5

Princeton Water Co.

$25c

12-

2

11-15

25c

12-

2

11-

5Gc

12-

2

11-15

Public

Service

Common

5%

(quar.)

America

1111-

Bros., Ltd.,

11-20

2

11-13
11-

1212-

2

11-

8

12-

2

11-

8

12-

2

11-

<i

12-

8

11-

8

$1.25

12-

2

11-

8

25c
$1.25

12-

2

11-1;)

2

12-

2

12-

2

12-23

11-19
11-19
11-

8

4%

Co.

(quar.)

_____

12-23

11-

50c
15c

12-

11-113

of

(quar.)

New

2

11-15

11-

8

a

12-

1

11-1 i

1-

2

11-29

11-

45c

pfd. (s-a)
(quar.)

1

10-i'J

Mexico—
11-15

(quar.)

preferred

2

12%c
5%

2%

(quar;)

Gas

2

$1.20
40c

dividend
Co.

2

1212-

25c

9114c
98%c
$1.23'%

(quar.)

corn,

dividend

3.65%

preferred
(quar.)___
3.95%
preferred
(quai\>___
4.95%
preferred
(quar.)_
5% preferred (quar.)

12-

$1.75
25c

—

Perkins Machine & Gear Co., 7%

11-20

8

1-

$1.01

pfd. (quar.)

(quar.)__

11-20

25c

12-16

11-22

20c
37%c

—

20c

dividend)

8

$1

92 %c

4.05%

11-29

12-

30c

•

12-13

30c

(quar.)—

45c

$10c

(quar.)____;

Pennsylvania Electric Co., 4.40%

3

taken

Eastern

Consolidated

Penn

1-17

40c

action

(No

preferred

Pato

11-15

35c

Fisheries

——

payment at this time).
Pipe Line, com. (quar.)
(quar.)__

common

Panhandle

12-13

1-15

American

Pendleton
6

35%c

(quar.)

Co.

2

15c

________—

preferred A (quar.)
Corp. (increased quar.)

6

12-16

Corp.

(4c

12-

25c

(quar.)

$4
prior preferred (quar.)
Northwest Bancorporation (quar.)_

11-

(quar.62%c

A

Ltd.,

will

20%

G.),

12-

shares

4%

Airlines,
split

preferred

Northern

11-29

60e

—____

dividend)

Son

3

11-14

shares

100

—.—-—;—

Indiana

4.40%

12-20

3514c

:

(accum.)—

Candy Shops
(R.

12-

1

.

Common

11-20

$0.36456

_____

-

(James)

1

12-13

$1.75

tquar.)_

each

lor

quar.)____
_/____

to

Northern

25c

35%c

:

Co.

Inc.

dividend—30

Corp.

Central

basis.

11-29

(quar.)____,
31%c
____T_
:—31%c

dividend

Tourneau

Lees

112-

$1.12 %

(quar.)

A

(initial

B

posal

11-22

1
2

(stock

Oil

Stockholders

11-22

11-

—-

pfd.

Products.

Oils

North

11-22

12-

(quar.)__—-

common

7%

American Car

35c

——_

(quar,)

Insurance

$1.11%

$20c

(quar.)

Co.,

North

2

30c

$1,25

!

(quar.)

Co./—

(stock

3

—

'.

series

(quar.)

12-

Canada,

of

i

Nopco Chemical Co.,

5

15c

:

profits)

Extra
Stock

28%c

2

(W.
Inc.

&

1

$1.0614

—

Co.

Year-end
Class

6

i

10-31

12-

Inc.

H.)

Corp.

1-

11-

11-11

11-20

1
(s-a)

from

Glass,

Kress

5%

t

Starch

Bristol

Bayview

11-13

2

50c

(quar.)________

(quar.)

interest

16c

3

$1.08%

Corp.—

Jersey Power & Light, 4% pfd.
preferred
(quar.)
Niagara Wire Weaving Co., Ltd.—
Class A (initial quar.%—

11-21

;

__/-___-—

Inc.

4.05%

10-31

common

—

New

10-31

12-16

common

common

preferred

Benefieial

12-

5c

:

Co.,

3

12-

27c

(quar.)^.
Chemical

preferred

Year-end
11-30

Company .'(quar.)-/_/

Keyes Fibre

12-

1

40c

Chemical

dividend

Lead

New

1

Knickerbocker Fund—f

11-29

7

1

$1

1.

&

&

National

1

11-

11-30

—_

10-24

12-2

-




11-

$1

(increased quar.)

10-16

40c

(quar.)

Ltd.

11-15
11-15

75c

(quar.)—

Drug

National

1

$1.75

(quar.)

& Johnson

12-10

Inc.—

—"

(quar.)

11-15

11-15

America

Extra

$4.20 pfd; (quar.)__

Co.,

Corp.,

Johnson

11-

30c

(quar.)__:—

Co._i—_____

(quar.)

Stock

11-15

12-

$75c

3%%, preferred

1-17

Cribben

Csow's

of

Cementing

common

3

%c

40c

•-

Corp. (quar.)
Corp. (quar.)—

(quar.)
National Gypsum Co.,

be

37'/2C

_!

11-30

$60c

Co.,

Co.

Mills

preferred

$4.50
1

—

(N.

%%

National

8

12%c

(quar.)

preferred

Tea

31 lie

(quar.)

11-

57c

(quar.)

10-31

-

(quar.)

Inc.

2

12-

preferred (quar.)_—
Utilities, common (quar.)—

",11- 4

%3lVac

(quar.)

Cooper-Bessemer. Corp.
(quar.)__
Corning Natural Gas Corp. jquar.)

12-

(quar.)______—_

(quar.)__
$1.76 convertible preferred
Iron Fireman Mfg.
Co.—
Jewel

96

$25c

(quar.)___

common

Ltd.,

$2.50

Ltd.,

Foundation,

12-

35c

T

By-Products

4

1

11-22

convertible

4%%

Co.,

Distillers

12-20

11-20

Co.

Paper

Common

11-22

—

22c

Co,

Continental Copper & Steel Industries,

11-

12-31

2

(reduced)—

60c

(quar.)___

Insurance

Life

11-15

2

Co.

Southern

1

25c

Chemical

dividend

National

6

12-11

Co. v(quar.)

20c

Y.

12-

12-

(quar. )j——__—

50c

Consolidated

Consumers

6%

12-13

1-

—

(quar.)————

National

11-20

12-

(quar.)

40c
„

Freightways~ (cuar.)
Glass, Ltd. (quar.)

40c

2

15c

(quar.i—

preferred (quar.)

Iowa
-

1-17

1

50%

1-.

i2-10

10c

Stoelf,'dividend

5%

10-31

1

37 %c

Pheoll

.

Edison

1

2-

60c

30o

"A"

preferred

11-29

1-

—

(quar.)____

securities profits)

9-17

(quar.)__

(quar.^T

RR.

—_

(quar.)
Inc.

National Acme Co."(quar.•)_____—_i

9-17

10-28

(quar.)—______

Gas '(qitar.)___:—

Investment

12-16

2»

Stock

1

1

Fund

Consolidated

2

1-2

11c

$1.12%

—

Quarterly
___!
___T_
Commonwealth Natural Gas Corp. (quar.)__
Composite

"

■

11-15

Power,

11-

10-28

2714c

Tnterstat«rvCo.; common—/
-

11-20

11-29

Central

/ Common
4%%

*

11-13

Bottling of Los Angeles (s-a)
*- 75c
Gold "Mines,
Ltd._ J5c

Cola

Cochcncur-Willans
Colorado

div.

(quar.)

common

(quar.)

12-14

11-15

'

50c

jHonsanto

of

(quar.)___^
preferred (initial)

partic.

5%;

11-13

Extra

2

II-15

55c

(year-end)
International Railways of Central

11-11

12-13

5614c

22%c

—

"Paper,

Central

(quar.)

Water Co.

Minneapolis & St. Louis Ry. (quar.)
Containers, Ltd., class A (quar.)_

5c

Inland "Steel

11-15

11-20

75c

divd.)

preferred

Inglewood

"* '•

15c

"

10-

11-15

75c

—1

Modern

Onlo—

Cprp.f.-,5preferred

Illinois

10-29,,

75c

Channing Corp. (quar.)
Chrysler- Corp. (quar.)
t

-

(stock

_i_—

of

Huron & Erie' Mortgage

10-31

9

10-26

-

11-15/.' ll-"411-

1

15c

Co.' (quar.)

$i.4l!..preferred

1

25c ,.11-15

Texas

(quar.)—.—

(increased)

preferred

Hupp

(quar.)

Middlesex

1

11-

59c

50%, 3tk.
Calif.—

Public" Service

Co.

preferred

6.25%

1

11-15

of

(quar.)

I-Iugoton, P.'oducfion

2

11-

11-

11-15

59c

_

Year-clid.

5.70%

11-15

11-15

pessna Aircraft Co." (quar.)_'___:—35c
Chambersburg Engineering Co. (quar.)_____
50c
Champlin Oil & Refining Co.—
*"• -• '
4

11-

1

2%

.

Public

-11-15

40c

:■

dividend

Vermont

>

Hardart

preferred'

$5-12

..

(quar.)______.

&

-5",o

.

•

laccum.)

A

Cd.

8

•

$1.12%

pfd.

(quar.)i

11-15

preferred
(quar.)___
/
56%ic 'm ll/»30. • '1-1-1-5
preferred
(quar.)
,1/1 •..•'*
60c *11-30
*11-15
I.)*Co., 7%. preferred (quar.$1,75
1-.2
<12-12
''•6%% preferred (quar.*)__^
A" li%c
1- 2
12-12
-Jt,. flo action taken on-common dividend pay,1
.1 ,;.ment at this time.
1. ;
"
"
(quar.)

11-15

$1.18%'

11-15

2

97 %c

—

11-15

common
.

preferred
preferred

4.45%

1

11-15

2

'

—

———/

12-

Brick

E.)

(quar.)

4.35%

1

2

12-

Mutual Investment Fund, Inc. (8%c from net
investment income and 18%c from realized

common"

.

(quar.)

preferred

Minneapolis Gas Co.
11-

11-

1212-

>

95c

1

(quar.)_:_

^preferred
(Charles

preferred

Miehle-Goss-Dexter,

11-15

11-15

%c

(quar.)

1

Co.

Co.

Co.,

preferred

3.90%

8

11-15

50c
62

10-

——

Hotels Corp.,

Hudson'.Pulp,-A:

(J.

com.

1

11-

70c

(quar,)__

10-

(quar.i

Well

(quar.)

3.85%

11-15

I-30

12-13

4.30%

Co.,

.

Robbins, Inc.

3.80%

12-13

'L4%%

(quar. )____£________il/_

$1.12%

&

Telephone Co., common
preferred (s-a)____
Metropolitan Edison Co.—
5%

10-26

J

2*. 11-15

12-

Central

11-15

35c

"'

11-15

40c

.

Oil

Watch,

Hubinger
-

10-31v
.

60c

Paper Co., (quar.)
Corp.,,common
(quar.)

Co.

12t

2

time.

10-26

Horn

.11-6

Carpenter

Soya

1

Co.—

Fire

Cotton

Housatonic
11-27
11-15

Carrier

Central

11-

(quar.)—________

*/'5%
65c

■Cdrp.i-"(quariH__r^ri.ri._'_>____.-__--_""

Electric

11-29

this

12-12

12-

at

50c

Holophane,.", Inc.

11-15

:i:$1.25

*

Louisiana

Meadville

$$1.25

Hires

(13

,

v;-4.50%""preferred

McKesson

5

$22%c

-5%"%

'$32.%C % 12-20 /-11-20

Canadian

Central

5

12-

(quar.)

Hilton

'

•

11-15
12-

12-20

—

,10-23

._

Case

11-30

payment

11-22

12-30

93%c

——45c

Railway

Water

12-16

93 %c

Wheel

(quar,)

P.)

11-15
10-28

85c

dividend

on

11*15

1

(quar.)_

McCandless Corp.—
No
action taken

12-20

4% preferred
:—.
$1
Heclh Mining Co.
(quar.)—
_____—12%c
Hees
(G.
H.), Ltd.,
6%
preferred
(quar.)
$$1.50

»■*.

at

Canada Cement Co., Ltd., $1.30 pref. (quar.)
Canadian Fairbanks-Morse Co., Ltd.—

Carlisle

11-15

preferred

Motor

(s-a!--.:

preferred

Hamilton

•

this time.

.

11-15

11-30

___;—__

5%

10-23

-

'

payment

(A.

Hamilton
1

'

Quarterly

11-30

$1.60

$3.40

Finance

(quar.)

Halliburton

6

19c

;
common

Green

11-27

75c

'

preferred (quar.)
Campbell (A. S.) Co.—
on

11-15

Motor

Pacific Tea

Northern

Hackensack

30c

taken

11-15

11-30

Mosinee

common

preferred

Great

8

12-

11-30

4

1

Brick,

Atlantic

7%

9-17 "
11-

income

(quar.)

action

11-15

11-30

Co.—,

&

Common

7c

!_____

(quar.)
(fiscal year-end)
net

Ruober

1

$10c

(quar.)__

1

Industries

preferred

Great

11-12

Co.—

V_7%
No

5%

12-

11-15

35c

1

preferred

preferred

Common

10-31
11-12

'

12-27

•

Power Co.
(quar.)_______
Pacific Title Insurance—

Common

12-27

2

12-

Shale

1st

Wernicke

Goodall

Electric

California

11-27

%3c

cents from net securities profits)

65

California

12-16

6%

Globe

from

Ltd

_-

from

Glen-Gery

12-16

$20c

_Z

(quar.)../
/;
Department Stores, common (quar.)$3.75 preferred (quar.)/_
$3.75 preferred (1947 series) (quar.)

'

12-16

2

13c

&

(quar.)_______i______

cents

2

1-

25c

Pipe Line Co.

Buckeye
(10

Corp.

(increased

Africa

'l-

$1.40

Brass

11.-12

55c

r".

10-

(qtiar.),"__t

&

2

20c

(quar.)_Z

10-

Corp.

M.)

12-

$20c

Corp.

10-26

after

(G.

Coal, class A

10-26

Castings

convertible

11-15

25c
'

May

40c

Telephone Co.
of
Pennsylvania—
preferred (quar.,)r_____
_______

$2.25

12-20

(quar.)___/___J__

75c

payment

Giannini

12-10

Maule Industries

11-30

2

35c

B

Morrison-Knudsen

___!_

4%%

Co.

11-15

12-16

2%

11-15

$1.15

_______—

Oil

12-

$1.25

-•

11-15

$1

1—___

Advertising

preferred

5'%%

shares

Co.

$2.20
General

(accum.)-

11-30

10%

(quar.)_

_—/_/_

Telephone

preferred

11-30

$1.10

ca^jh

Ge"^ral

Electric—

income)

South

American

Brown

4

approval)

—

Telephone Co*, of
"preferred (quar.f

4li!*k

11-

12-

pfd. (quar.)
City)—

Steel

Initial

11-15

(quar.)$1.18%

(1/10

-

General

$1.06%

common

Traction, Light

dividend

1

$1.18%

(quar.$1.06%.

Fund,

General

5

>rT5c

Outdoor

11-25

(quar.)______/_.

77c

class

American

General

'12-13

$1.37%

(quar.

investment

3

shares

shares

12-10

Massey-Harris-Ferguson, Ltd.

Pictures-

General

/

..

25c

Ordinary

Ordinary

11-15

11-29

Marathon

(quar.75c

Industries,

11-29

12-10

11-22

3c

______

Co.

5%

Co.

/

series

series

Sulphur

Gar. Wood

"11-15

(qutfr.)

(quar.)

stock

stock

Freeport

*

1

1.2- 6

1

1-

preferred

Boston

Utility,

&

-I—

series
^

1-15
12-10

11-15

50c

J___—

_______

RR.,

11-22

50c

(quar.)

10-21

35c

:

11-30

2

11-25

1

$25c

(quar.)____

12-18

12-%c

11-25

12-12

15c

Manitoba & Saskatchewan

Funds-;—

series

Gamnont-British

preferred

Brazilian

11-

12-1

-

series

Ltd.

dividend

$1.25

(quar.)

Common -.stock
Income

Ai Co.,

(increased)

$1,371/2

(quar.)

12-12

11-

15c

:

$1.06%

(quar.)_

Custodian

25c

Manhattan Shirt Co.

$1.42

pfd.

11-15

37 %c

(quar.)

(quar.)

Central

Stock

Class

4%%

Corp., 4%

12-10

32%c

.___

(Jersey
(subject to

li-10

$1.02%

Corp.
50c pfd.

Rubber,

preferred

Bond

,

12-10

/12-20

5.60%

&

12-10

12-10

(Washington, D. C.)—

(quar.)

11-22

$1.34

preferred (quar.)

4.75%

1

20c

(quar.)

Aluminum

12-10-

20c

—

preferred

Franklin

1

11-

Power

y 4.60%

.

"4.25%

Bohn

11-

1

(quar.)____-^_t._^rl

&

25c

$1,371/2

Bank

8

45c

Theatres

Mallory (P. R.)

11-15

&

preferred
Boston

Maine

6

12-

1

1

Guaranty '*Co.

(quar.)___

Valley Gas

10-15

1

11-29

.-

l'i- 1 •*'

12-

$35%c '»

(quar.)

preferred
preferred

11-

12-20

Tire

8

11*

11-15

3%

dividend

11-

1

20c

Service Corp.
Common (quar.)

Lynch Corp.

11-29

National

10-31

1

(quar.

Lunkenhelmer Co.

11-6

2

4.40%.'

1

11-

1

$31 %c

:_____

common

11-

11-20

2

Preferred

256

,

_____l__________

5l/a'%-• preferred

S.)"Shoe,

4%%

1

11-20

50c

12-

-

'

(quar.)

Co.,

J.)

1

12-

12-20

Florida

1

12-20

16c

,

____*

Markets

(A.

»

v

_

Mortgage

Bastian-Morley

11-15

12-

12-

Stock

11-15
12-

12-

"

2

$1.41%

/

38c
10c

$1.3114

65c

2

12-

35c

*

____________

__s._.

Bayless

1-

2

85c

dividend

Co.

Lowney (Walter M.)

1

1-

$1.50
,

(quar.)_

Corp.,

&

11-15

2-

$25c

___.

(quar.)

Co.

Investment

Credit

Firestone

profits

Ltd.—

(quar.r

&

'•

net

(quar.)I_X___2__l'_r

(quar.)

preferred

preferred

(Eli)

Loew's

$12%c

(quar.)L_

(quar.)

of Reo.

;

(reduced)

(quar.)

11-15

25c

First

'10-15

12_

$2

■

Gas,

pfd.

preferred

$1.50

50c

1.

Metallurgical Corp.

Stock

1

-rll-

12-; 1
-12-1

59c

$1.08%

from

income)

from

Oil

preferred

.5%%
Bankers

:

-

"A"—

Collieries Corp.

Ayrshire

12-14

'

Faber, Coe & Gregg (quar.)
Fairbanks, Morse & Co. (quar.)___

11-1

27%c

/__

RR

14 3/10c

11-15

11-29

•'/

■

Equitable

11-15
11-

11-15

(quar.60c
(quar.).
Point

Axe-Houghton Fund

1

2

11-15

"

West

$60c

15c

(quar.)

Auto-Lite

*

Electronics

,

11-15

15c

i,quar.J__

common

2

% 02%c>"

&

'

..

-

2VaC

_______

preierred

12-

3IV4C

___

(quar.)

(quar.)_____——_______

preferred

10-25

'

f—

___/

Extra

;

(quar.)I__r__I____________

preferred

Lincoln

Fansteel

Co.

(quar..)'2_;__U^_3__—1—

$4.35

6%

_;

conv.

Electric

y

.r-

:

at

payment

Co-.,

11-15

514%

8

preferred

$2.40

1

11-29

S5

7

preferred

Atlanta

1

1»-,

11-29

11-

$2.36

•

11-

12-13

11-1-5

$2.50

-

8

20c

2

(quar.)

5.66%
preferred
(quar.)
5.50%
preferred (quar.)
5.68% % preferred
(quar.)
6.40%
preferred (initial)

22).

82.50

preferred

-

$1

11-

,

12-

$62%c

^

,/

12-13

25c

/____'

Service

:

11-15

25c

(quar.i

(quar.)

Public

.

*r.'.'

'

Lilly

Lexington Trust Fund Shares
Libby, McNeill & Libby, com.

50c

Son

Co.? (quar.)

5,36%; preferred

v12- 6.

$3

Co.— \

___________________

Brand,

'

(quar.)

5% preferred B (quar.)
Anderson Electric Corp.,rcommon

Arizona

'r-

____

Refining

taken

preferred

Class

;

11-

$31 %c

Natural Gas Co., coiH.
4.10% "preferred (quar.)
4l/4,%
preferred (quar.)
5V'2%/preferred (quar.)___'

«

.

'

11-25

(quar.)

&

Holder•

Extra

(quar.)
!____

com.

EI "Paso

*

11-15

/'•,

•

12-

^

;

.r

;'

Glass

meeting held

t

v

14.

(reduced)

American

'
..'7;

'

v,

12-

$$1.25

;

Extra

r

11-15

>'

-

is

(quai\ )

Pulley

2

11-

12-20
12-20

"10c

!l__

Inc.Z_/_

Fund,

(quar.)

(John H.)

Durirbn

"r

incorpor-

Nov.

on

12-

Dulany

v

.12-20'

11-15

25c

Aircraft Co.' (quar.)__
—l-'-J-——

Douglas

.•*.

'

'11-15-

12-10/

:

*•

Co., 6% non-cum. preferred—
Pipe & Construction (quar.)

American

5%

of

Delaware

place

'

-'(No

L

.

Ice

American

$4

of

•;

preferred

Extra

12-13.

/"y."y

split
split becolnes 'f.
company'
files ' an.

certificate

state

;

-

The

the

to
the

V

$1

«

$2

11-15

2\>

1-20

31 Vac

two-for-one

a

common

'

12c

When

Payable

Lehigh Valley RR. (Common payment omit¬
ted at meeting held 011 Oct. 23)

25c

Dorr-Oliver,*.Inc.,/common

*' '*
'-

1-. 2 <--12-13

75c

(quar.)___i___~_/

Products "Corp.—

1-

V-'f 10c '/12- 2

//__/_

Cement

Investment

$1/preference

11-15

12- 2/

8-

-

(quar.)
Dominion Tar & Chemical
Ltd.,

■

>'

'11-18

10-25

Per

Share

Name of Company

1-

Trucking " (quar.).

—

11-15

/ 12- 5 "
(quar.;40c.% i2-"2*/

Hosiery Mills, Inc;-(quar.)/___i_^_:____
Allied
Stores Corp., common(quar. )_i;
4%

Chicago

-Extra

pref. (quar.)
" J
Dominion Stores, Ltd.

-

11-18

5

$1.12%

Alba
3

,,

.10-15 'f

*

12-

;

>.*$3.50 prior preferred (quar.)'
Zi_Zl_ZZ.__-^87%"c,'
Alabama-Power Co., 4.20% pfd:- (quar;)
$1.05
'4.60%
preferred Hquarsh.-r--^/-----—/--- "
$135

Alpha

1

v12-2"

62%c

*

of Rec.

$2c

Anglo Investment Corp., Ltd.—■
-preferred
(quar.)—
;
;_'
Dominion Glass Co., Ltd.* (increased)
Dominion-Scottish Investments, Ltd.—

-

11-15

Holier«

1-15

Ltd.

5%

o1 Reo

12-2

10c

Co.*, common
preferred (quar.)"

Alabama

25c

(quar.)

Reduction

•*;4.50%

Co.,

When

Payable

93%c

Dominion -&

Holier»

Payable

t

5%

(quar.)

Admiral Finance Corp.

~

DiversiiiOd

...

Share

Record

Denver

**

paymerits previ¬

Per

Name of Company
Laboratories

Per

Share

>

(quar.)__

Delaware Income Fund, Inc

an¬

follow with

We

„

'

~t

Abbotts

*v

'

■■■

Corp.;' 3%.%, preferred

Decca

ously announced, but which have not yet reached their
payment date.
\
,.
■
f
.
-

v.«

;

.

Name of Company

during the current/week. 'Then

second

a

the first

In

-

..1.

Dana

Dividend announcements

15

$1.25

11-

4

12-16

12-

3

Chronicle

The Commercial and Financial

.

Monday, October 28,

.

.

1957

(1852)

16

;Per
•

:

-

.

,

When

rer

•

Company..

Name ol

.

Bearings

Randall Graphite

------

Redondo

* AC

,

Insulation Corp. (quar.)_—_—
_ * c.
Revere
Copper ec Brass, Inc. tquar.)
- bo
Knecm
Manufacturing Co., com. (resumed)
10c
4!aV tonv. preferred <quar.;_
——
S1**~ *
Robertson
(J) Co.. Ltcl._
$
Robinson Little Co., Ltd., cxass A
——Rochester Transit Corp. (quar.;
•
Rohm & Haas Co., common (quar.;
ooc
uividend

block

preferred a iquar.;-——-■—— -—.
Royal Oak Dairy, Ltd.. class A (quar.;__rRoyalties Management Corp.
—-

Yards

8cock

Joseph

iquar.)

75c

Co., ccmmon
——
preferred series A iquar. i
Works, common (quar.;__
preferred A (quar.;_—___
preferred C (quar.)—
/

4.70%

preferred D
Arms
Corp.

4.70'.

Savage

iquar.)

__

Joe

Scott

[)0c

$3.40

preferred

5%

(quar.)
Co.,

Finance

2oc

(quar.)-

common

preferred (quar.)——$1.18%'
preferred (quar.)
Sl.25

$4.75
$5

Surety

Seaboard

Y.;

(A'.

t;o.

iquar.)

Class

B

(quar.)

Inc.

Sheraton,

—

.—a—

SI.25
$1

com.

(quar,)—

25c

dividend

Stock

(increasedi

common

(quar.)

Strapping,

Steel

Signode

_______

—..

Co.,

preferred

Corp.

$1.50

(quar.)

———~

__

.

,

(quar.)

Co.

Morgan)

Smith

(S.

Socony

Mobil Oil Co.

4

11-

_

4

11-

4

Edison

California

Southern

10-23

10-16

10-23

10-16

1

11-

1

1-

1

12-

6

2

11-

8

12-

2

11-

2

>

3

11-

V.

11-

1
4

Acme

Acme

11-

11-15

1

1-17

2-

diock

1-17

11-12

1

11-12

1-10

12-29
12-29

I-10

12-29

2

11-12

12-

11-25

11-

11-

5

12-13

11-

3

12-2

11-15

1

11-15
1

1111-

12-

1

8

11-25

11-

8

11-25

11-

8

12-16

11-15

75c

12-14

11-15

10-23

5A%

10-17

10-23

57"
Altec

1111-

1

4 A 'it.

30Ac
26Ac

11-

5

25'Ac

11-30

11-

5

50c
70c
25c

12-13

11-29

12-13

11-15

12-13

11-15

31c

12-14

12-

3

45c

1-10

1-

2

20c

12-13

12-

4

5%

Service

Electric

Southwestern

Life

Southwestern

Insurance

Quarterly

—

(quar.)—
(quar.)—

Co.

(quar.)

——

Chemical

$4.20

Co.,

preferred

Stamford

Water

Standard

— __

Milling

A

(quar.)

Corp.

(quar.)

dividend

—

$1.25

preferred

Co.

Stock

Electric

preferred
Sylvanite Gold

$1.20

12-10

12-16

11-15

11- .1

11-

1
1

12-

25c

12-10

11-

6

12-10

11-

0

50c

12-23

(quar.)

common

$1
Ltd.

Corp.

He

(s-a)__________

(quar.)

15c
45c

12-

Coal

Oil

&c

Natural

12-

1-

2

11-22

1-

2

12-

6

11-29

11-

6%

2

8

6A

5A7"

Thiokol

Chemical Corp. (stock dividend)—
Stockholders will vote at a special meeting

be

to

held

split

Petroleum

the

Jan.

on

8

on

proposal

a

shares

common

11-

8

11-

8

11-29

American

5%

11-20

10-30

1st

Class

10c

Co..

Clutch

$5

Co.

1

:

(quar.)__

(quar.)

Chemical

5'/«

A:

Common

5"c

Lumber

United

Aircraft

Co.

Extra

79t

(s-a)

Gas

Improvement,
preferred (quar.)

4Vi'rc

common

U. S.
S.

(quar.)__

Society (Philadelphia)
Playing Card Co

8.

Printing

U.

1

11-12

1

11-12

11-

1

10-21
11-15

Argus

of

America

(quar.)____

Loan

&

11-27
11-12

1111-

1

50c

12-19

11-29

Lithograph,

1-

2

12-

1

11-15

50c

11-15

Research

Corp.,
2nd

4.65 7e

10-31

pref. series A (quar.)
Universal Winding Co., 90c conv. pfd. (quar.)
Upson Company (quar.)

1-

1

12-16

A10

12-

2

11-15

Associated

62VaC

1-

1

12-13

22Ac

12-

2

11-15

30c

12-

6

11-22

Equipment

5'A',c

Gas

(quar.)
B

Co.

Power,

(quar.)_
(quar.)___

Dry

Chemical

Co.

(quar.)

40c

12-

preferred

Industries

Inc.

(quar.)

?

Extra

:

Vogt Manufacturing Co.
Waverly Oil
Wayne

Works

Pump

3C

Co.

3C

(quar.)

20c

(s-a)

25c

(s-a)

Coast

West

Indies

West

Western

Canada

Western

Railway

White

(S.

S.)

Breweries,
of

12-31

12-15

47c

12-

11-

4.35%

preferred
2nd

11-11

Atlantic

11-30

11-15

Atlantic

12-

1

11-11

>

1-

4

12-9

Ltd.

11-15

11-

1

J30c

12-

(quar.)

2

10-31

$5

(quar.)

Alabama




1

20c

Manufacturing

11-

5%

12-20

12-10

40c

11-12

10-28

Coast

,_1

Santa

Fe

com.

(quar.)__

Ry.

Extra

10- 7.

11- 1

10- 7

11- 1
12- 2

11- 1
11-1
12-13
12-16
1-2-58
11-15

Co.,
B

common

Steels,

pfd. (s-a)

(stock

dividend).

$37c

11- 1

10-15

11- 1
11-16
11-15
11-15

10-15
11- 1
10-25
10-31

27Ac

preferred C

5.30%

conv.

5.28%

(quar.)___—

—.—

preferred D <quar.)_

10-31

11-15

10-31

53c
32Ac
31%c

preferred iquar.) _•
conv. preferred G
(quar.)_.

11-15

33 Ac

4.40%

11-15

34%c
California Water & Telephone, com. (quar.)
30c
$1 preferred (quar.)—
25c
$1.20 preferred *quax\)
!
'
30c
$1.24
preferred
<quar.)__
—
31c
$1.25 preferred
(quar.)-.:
31'4c
$1.32 preferred
(quar.)
—33c
Camden & Burlington County Ry. Co. (s-a)
75c
60c

11- 1

12-13
10-10

10c

11-15
10-28
10-31

10-15
9-27
10- 4

11-29
11-15
11-15
4-1-58

10-31
10-30
10-30
2-28

4-1-58
11- 1

2-28
10- 1
10-10

preferred I (quar.)
conv. preferred J (quar.)

5.08%
5.50%

—

Camden

Fire

Insurance

Cameo,

Inc.

(s-a)—

Assn.

(annual)

Canada

Ltd.,

Foils,

,

—

Campbell Red Lake Mines, Ltd.
Campbell Soup Co. (quar.)
Canada Cement. Ltd. (quar.)
common

$7Ac
37Ac

(quar.)

$25c

$10c
$15c
$87Ac
$87Ac

(quar.)

participating class A (quar.)
Canada Packers Ltd., class A (s-a).
GOc

Arena

(annual)

Bronze

Co.,

11-15

11- 2

Canadian General

12- 9

10-25
10-10
10-10
10-10
11- 1

11- 1
11- 1
11- 1

12-13
12-13
11-11
12-16
11- 1

11- 1
10-25

Class

5%

B

$55c

12- 2

11-15

11-

1

10- 3

5%

11-

1

9-16

(s-a)

11-21
10- 4

$$1

$50c

com.

10-10

11- 1
11- 1
$
1-2-53
1-2-58

12- 2
12- 2

$llc

11- 1

10-15

$20c

11-15

10-15

11-27

11-6

11-27

11-6

-$$1.25

(quar.)
& Dock, Ltd. (s-a)
Electric Ltd. (quar.)

$$2

Extra

International

Investment

Ltd., common
preferred
iquar.H

:

—

Petrofina

dend 1.

each

(Six

(Six

shares

(quar.)

11-15

< stock
divi¬
partic. preferred

of

shares held)

par) (stock
6%
preferred.

($10
of

11-15

Oroinary

shares

1,000

preferred

12-16
12-16

Ltd.—-

(Special shares)
Canadian

10-10
10-21

Trusts,

5%

Canadian Investment Fund,

for

10-31
10-31
10-31
10-10
10-10
10-10
10-10
10-10

$15c
$$1.25

(quar.)

Canadian Dredge

6%

.

$$4

preferred

Ltd.,

Canadian Oil Cos., Ltd.

50c

10-31

11-15
11-15
11-15
11- 1
11- 1
11- 1
11- 1
11- 1
11- 1
1-2-58

5.20%

Canadian

$2.50

Ltd.

Canteen

Packing Corp. (quar.) —
California Water Service, com. (quar.)

Canadian

$1.31^4
$4
$1
17Ac

93%c

(quar.)

(quar.)

12-31
10-11

»

(quar.)
(quar.)

Co.

California

11- 1

,,

I

12-13

75c
17Ac
55c
60c

s.-.,.

Telephone

11-15
11- 8
11- 8
11-15
12- 2

50c

(quar.)

Co.,—

RR.

(quar.)

preferred

Interstate

11-15

50c

Conn,

preferred (s-a)

preferred

first

12- 1
12- 2
12- 2
12-16
1-1-58

$25c

Line

of

1-7-58

Ltd.—

12-27

$1

Co.

11-15

10-11
11- 8

$$3.50 1-31-58
$1.75
11- 1

Ltd., 7% pfd. (s-a)—
pieferred (quar.)

11- 1

$1.08%
$1.083A

(quar.)

12-9

11-5
12- 2

—

'

10-10

10c
(quar.)__—

(A. M.) Co., 7%

$1.50

10-28
11- 1

2%
40c

—_—T

Inc.

1-1-58

30c

(quar.)

Line

Refining

Automatic

(quar.)

(quar.)

Atlantic Wholesalers Ltd., 5 A %
Atlas

Bros.,

Butterfly Hosiery Co.,
Byers

11-11
11-15

11-15

20c

dividend

Stock

11-14
10-14
10-15

15c
32c

(quar.)

Co

Terminal

Bush

Butler

$1.25 pfd.

Corp.,

10-22
10-22

11-25
11-27
11- 1
11- 1
11-12

+17AC

<quar.)__

Biscuit

Canadian

(quar.)

nog-cum.

3.75%

&

preferred

Coast

Common

Atlantic
11-15

Topeka

preferred

11-21

Burry

10-15
10-15

11- 1
11- 1

$1

$1.50
5c
35c
$1

(quar.)

Co.

20c
62Ac

Atlantic City Electric

$1.12A

(quar.)

Dental

12-15

25c

Virginia Pulp Ac Paper—
preferred (quar.)
Lines

12-31

25c

Telephone (quar.)
Sugar (quar.)

4A%

Air

Atchison,

50c

West,

Western

11-19

8

Hill

California

50c

Telephone & Telegraph Co.,
participating class A (quar.)

5

?

Ltd.,

Bunker

Burndy Corp.

83Ac

(quar.)

(quar.)

4.35%

Viclad

Bulloch's,

11- 1

5c
10c
.

preferred (quar.)__
class B (s-a)_

Inc.,

California Electric Power Co., $3 pfd.

12-15
11- 1

11- 1
11- 1
10- 7

—

Co
4%

Forge

56'4c

(quar.)
4A7c
pfd. (quar.)

com.

Associated

$4

Buffalo

Bullock's

10-18
12- 5
10-16
10-17
11- 8
10-10
11-12
10-21
10-21

25c

12-23

12- 1
12- 1
II- 1
10-31

<s-a)___

10-10

11-15
11-30

1-1-58

—

Corp.

10-10

10-15

95c

$1.10
$1.10
50c

10-31
12- 2

15c

Co.

1

$L16'A
7Ac

(quar.)_;

preferred

Corp.,
Goods,

Associated Truck Lines, class A
Vick

(quar.)_^

common

(quar.)—

Aluminum,'common

convertible

$l.io

A

series

preferred

AJtex

$1

common

5'c

preference

Louisiana

Arkansas-Missouri

35o

Mfg.

Products

1

10-31
10-15
10-15

10-17
10-17
10-17

Buckeye Steel Castings Co., common
6%
preferred
(quar.)
_____
Euell Die & Machine
(quar.)—

30c

(quar.)

common

preference

Arnold

Brooklyn Borough Gas—
4.40% preferred (quar.)-.
—
4.40%
preferred B (quar.)—
Brooklyn Union Gas Co. (quar.)__i.

11- 1
12-20
11- 1
10-31
12- 2
11- 1
12- 9
11- 1
11- 1

fund

Laboratories.

Ltd.,

$2.50

Arkansas

11-29

15c

sinking

with

series

10-10

11- 1
11- 1
11- 1

*

Telephone—

preferred (quar.)—_—
—
preferred (quar.)
i
—
—
6%
2nd preferred (qu;vr.)_.__—
Brockton Taunton Gas, $3.80 pfd. (quar.)—

Steel

11- 1

$$1.50

-

43«j%
4347"

•

12- 2

$$1.09%
$$1.18%

——

——_—

Columbia

British

—

t

11-

Ltd.,

(quar.)

$2.40

1

11-12

J

(quar.)

11-15

25c

10- 4

10-31

1
1
12-27
10-28

70c
$1.07
$1.25
al2Ac
9c
$30c
$72Ac

Products Ltd.—

Forest

Columbia

British

.

Ltd., com

11-

30c
(quar.)

com.

(quar.)

preferred

Applied

11-27

Sl.OG'.Y

Insurance Co.

U.

4.507"

12-

j5C

(quar.)

(quar.)

United

America,

$5.25 preferred

12-

12'Ac
com.

(quar.)

of

Appalachian Electric Power—
4A7"
preferred iquar.)

$1.25

$1.75

Engineering & Foundry,
preferred

United

8

Inc.

Co.

preferred

25c

(quar.)

Products

;

United

8

11-

Trap

33C

'

(quar.

Union

11-

11-30

Paper

Eowling Green FQnd
Bridge & Tank (Canada)
$2.90' pref.
(quar.)

Caldwell Linen Mills,

50c
50c

Corp. (quar.)
& Co. (quar.)

Anthes-Imperial Co.

(quar.)

preferred

11-30

Bowater

$60c
$62Ac

11-22

g'Ac

*

11-16
10- 9
12-11
10-10
10-10
12-24
9-14
10-17
11-15
11-15

.i.__—

(quar.)—

15c
$20c

12-10

Corp.—

i

(quar.)__
System, Inc. (Kansas)—

12-14
11- 6

1
1
2

$12 Ac

(quar.)
$5 preferred
Corp., Ltd.-.

Maine RR.,

$1.12Va

Clayton

1

12-20
11-20

37Ac
$2c

121111111-

87V2C

(quar.)

common

preferred
&

$$1.31'A

Viscose

Anderson

Anglo-Canadian Telephone Co., cl. A (quar.)
4A7c
preferred (quar.) j.

11-

37Ac
343,ijC
50c

12-10
10-15
10-15
10-15
11- 1
11-15
11-15
10-15

$15c
$56'/4C

American

2

10- 1

12-30
11- 1
11- 1
11- 8
11-15
12- 2
12- 2
10-31

7Ac

11-29

12-

Edison,

4'4%
Boston

Buchanan

(quar.)

(Fla.)

11-11

90c

preferred

Union Gas

Insurance

&

11-30

57"

Boston

Brown-McLaren

10-29

10-15
10-23
10-18
11-20
10-18

—

$1.12A

Title

12-15

Animal

10-18

11- 1
11-15
11-20
12-2
11- 1

income;

(quar.)

common

30c

11-30

11-15

10-31

investment

(from

Corp.

12

12- 7
12- 7

12c
6c
25c
$1
45c
60c

*—-—

Fisheries,

7

12-20

12-20
12-20

invest¬

net

25c

(quar.)

12-15

1

30c

(from

Fund

10-16
10-15
12- 2
10-25
10-11
11- 2

$62Ac

(accuni.)—

Mutual

income;

25c

Froducts

25c

12-

10-18

(Indianapolis)—

$1.25

1:30c

preferred
Ridge

10-18

10-31
11- 1
12-16
11-15
11- 1
11-15

20c

preferred (quar.)_^__—__—________
Borg
(G. W.)
Corp.
(quar.)—
Borg-Warner Corp., common
iquar.)__
3A% preferred (quar.)_*„
—

11-21

10-31

$1.75

Co.

__i.

Thermos

American

30c

Materials

(quar.)

pfd. (quar.)

12- 2

10-18

11- 1

75c
,)5c

_

4%

10-18

10c

—

(quar.)—_______

com.

pref. (quar.),—___—
preferred (quar.)
—
Ribbon Corp., Ltd.—-

Booth

10-18

7 '

(quar.)

Ins.

Anheuser-Busch,

Common

(quar.)

preferred

$1

preferred A

Union Acceptance Corp., Ltd., 6%
Union Carbide Corp.
(quar.)

Union

—

(quar.)___

B

11-20

11- 1

11- 1

15c
;

— —

(quar.)

Co.

Tobacco,

ccuv.

5%

11- 4

$1.25
$1

-

$1.75

Thrifty Drug Stores (increased quar.)
Troy & Greenbush RR. (s-a)
Trunk'ine G*s

12-

States

(quar.)

W.)

Bros.

ment

11-14

Lines—

preferred

A

Class

12- 2
12-18

25c

3c
65c

(quar.)

com.

Building Co. (N. J.)
Smelting & Refining Co.—

American

Thompson Industries, Inc._^

Disc

77o

Blue

Blue

2- 7

10-16
1-15
4-16

,

10c
10c
3%
50c
50c
30c

(stock div.)_

Quarterly

(Galveston)

Ship

American

to

(quar.)
Corp.

President

American

12-15

two-l'or-

a

on

II-29
12-

basis.

one

Co.,

non-cumulative

5%

5c
35c

36c

Gas

preferred

American

6%

11-15
10-31
10-14

option of shareholder

(quar.)—

preferred

Amerada

12-14
11-29
11-29
11-15
11-1

20c
10-31
20c 1-31-58
20c 4-30-58
50c
11- 1

_______—

Extra

10-24
11-15
11-30
11-15

payment

preferred (quar.)
Nepheline, Ltd. (s-at
Water Works, com. (quar.) 1

30c

5

series)

(a

American

25c

(quar.i

Manufacturing (quar.)

Fund

National Insurance

10c-

Pacilic

—

American

2

2

1-

Mutual

American

10-22

11-15
12-16

$1.12A

—

Quarterly

11-15

11-20

50c
47o
25c
15c

$1.25

(quar.)——

common...

(1956

pfd.

conv.

American

3Ac

57c

dividend)

common

Co.,

Co.

(E.

Bloch

Co., Ltd.

cash, subject to the
prior to Oct. 15)_

G5c

Products,

(monthly)
N. J.) —

Corp.

(quar.)—r

Monorail

Watch

&

Best

Bliss

(Newark,

(quar.)
of six
cents plus a special of 30 cents. The special
distribution
is
payable in stock or

11-29

12-31

1

(quar.)

Inc.

preferred (quar.)

American

11-

(quar.)_;

Thatcher Glass

Twin

8

11-15

Extra
Texas

8

11-

11-15

(quar.)

Mines

Inc.

11-

7

4A %

25c

(quar.)

Symington-Gould
Tampax,

7

preferred

American

31'4C

(quar.)

$4

12-

(quar.)

(stock

Marietta Co.,

11-15

12-

dividend)

32Ac

American Metal

10-15

1

40s

dividends

Sylvan.a

1

1

12-

6%

preferred

Oil

11-

11-

__________
_______

Co.

Maracuibo

57c

(reduced)

common

Insurance

American

30c

_

Gas,

income

9-30
11- 8

3-3-58

SI
(quar.)
Co.
(quar.)__

Corp.

Beryllium Corp.

11-29

Inc.—

11- 1
12- 2

Extra

Bondstock

Quarterly

_

(quar.)

Propane

5.20 %
Sun

1

11-15

10-25
10-25

Americtm

4334c

__

Struthers

Suburban

Home

8

11-

12 Ac
12 Ac

(quar.)

A: Fuller,
common
(qitar.)^_
preferred
tquar.t
Wells, common (quar.)_

7%.

11-

11-15

50c

C

Baer

'

11-27

5%

pfd.

(quar.)

A

Stewart-Warner

11-15

5c

11- 8
11- 8

Products

American

11-15

12-16

25c
lquar.)____

12-1G

1-1-58
11- 1

25c
l'/'o

10-13

$17Ac
15c

Ltd., 7% pfd. (quar.)___
Manufacturing, com.—

preferred

12-10

•

10-18
10-18

10-28

preferred

6%

(quar.)—1

11-1
11-1

(quar.)_____—___—_______
(quar.)_.
4%
preferred
(quar.).
.—
Belmont Iron Works
(quar.)
4%

30c

10-18

75c
30c

Common

Bcnrus

12-15
11- 1

10-15
10-31

'

(quar.;

Hardware &

10-25

$25c
$56c

11-4

11-1
11-15

15c

Corp.

Belding-Corticelli,

Beneficial

(quar.)—

11- 4

12-2

$1.50

prelerred (quar.) __________—_
preferred (quar.)_—._i__—-—

Aircraft

10-31

(quar.)

12-2

27Ac
5c

prior

Beixnap

10-22
10-15
10-15
10-16

$25c

1st

10-25
10-28

10-25
12- 2
11-5
11-20
12-20
lu-^a

class A (s-a)——
Co. Ltd.—

11- 1
10-31
10-31
11- 1

Paper

(quar.)

S3

93%c
15c

(quar.)

(quar.)

American

1

12-1G

—_—

B

11-15
11-25
11-25
,12-16
12- 5

(quar.)___—

Co.,

12-31

62Ac
27Ae
10c •
$50c

$75c

&

Power

A

12-3

11- 8
11- 8
11-15
11-15

Tiling

Furniture

American

Class

50c
22Ac
12Ac
20c
$22Ac

Extra

11-7

50c

__

(quar.)

class

Co.,

preferred

Stix,

1-

87Ac

Sterling Precision Corp., 5%

Stock

7

11-15

(quar.)

common

Standard
B

A

11-

Encaustic

8

11-

5c

Inc.,

Standard

5%

11-

1

11-

—

(quar.)
Porgings Corp.

Class

1

12-31

Bathurst

11-18
11- 9

12- 1
11-30
12- 1
12-1

Casualty

American

12-

Fire &

10-11

;

<fc Innes, Ltd.,

Bates

12-15

:

(stock

10-31

(quar.)—

(N. Y.)

(quar.)

:

25c
50c

—

(quar.)

Co.

Products

Basic

13%c

—-----_—

10c

Can

American

12-

11-15

25c
87'/'2C

Co.

American Electronics

15c

(increased).

Corp.

(quar.I
Bankers Commercial Corp.

4%

——;——

Shares

Business

American

11-15

preferred

Co.

Board

Box

American

—45c

(quar.)

Book

Quarterly from net

2

cl. A (quar.)

dividend

Stock

$1.12 A

—

(quar.)———

—

(quar.)
$1.62Ac
(quar.)————!—.—
87Ac

preferred

1st

American

25c

Brands,

Extra
$3.50

Co.

6A %

10-21
10-21

Co.—

Piano

10-30
10-30
11-15
10-28

<quar.)_—

preferred

10-31
10-31

preferred

11-13
11-13
12- 2

Biltrite Rubber—

American

60c
$1.05
20c

(quar.)____

common

(quar.)

Rand Corp., common
$4.50
preferred
(quar.)

3perry

6%

$2
10c
12 Ac
30c

—_—

(quar.)
Inc., common

Airlines,

American

(Dallas)—

Co.

____

Extra

Spencer

11-30

Baldwin

$6

(quar.)

convertible

3A/<>

5

Baldwin-Lima-Hamilton

Beech

(quar.)

prelerred

American
11-

11-30
10-15
10-11

Canada, Ltd.—

of

preferred

4'/o

I

12-10

12-15
11-1
11- 2

10-31
10-31

preferred (quar.)_
preferred (quar.)
Co,

11- 1

11- 1

S1.12A
$1.12A

(quar.)__.

12- 2
12-2

Companies
(quar.)___
Ltd. (quar.)—l
Co. of America, common

Aluminum

30c

tt2c
$27 Ac

Aluminium,

67o

,

—_

10-14
10-14

Aluminum

$3.75

10- 1
10- 1
10-15
10-15

—

11-1
11- 1

(quar.)—

(quar.)-——

Co.

11-1
11- 1

$1.50 1-15-58

(quar,)-

——

(quar.)

10-14
10- 1

$1.12

(quar.;

common

preferred

10-15
10-15
10-29

XO-31

,r

(initial quar.)OAc
(New) (quar.)
—
6Ac

(L. S.) & Co.—
4A%
preferred (quar.)
4A7o prsferred (1947 series)

Class

Beta Food Markets, common
preferred A
(quar.)

Alpha

11-2'j

12-10

Co.

Inc.

Alloy Cast Steel

10-17

12-10

$4.50

Ltd.—

(quar.)

preferred

Mills,

Mills,

Avondaie

Holder)

When

Payable of Rec.
11- 1
10-22
11-15
11- 1

Corp.—

Pictures

preferred

prior

-

11-20
11- 1

.

Baystate Corp. (quar.)
—
—
Bearings, Inc.
——__________._____-i.-2_
Beaux-Arts Apartments, Inc.—

(quar.)

Machine

preferred

new

5%

—

(s-a)—

Ccrp.

Control

Allied
Allied

8

11-

Artists

Allied

8

1

4,5%

10-15

" 10-30
»

-

lO'^l
1°"!^
-

10-30

"

'•

10- 7

iqut-r.i

Allentown Portland Cement Co.,

11-15

12-

.

10-13
10-15

II- 1
10-30

:1.0c
5CAc

$34'2C

—_______

Inc.—

llr 7

————

Allen Business

.10-31

2

11-

Radio
end

preference (quar.)
Tools & Machines,

3%
14c
27c

——

Apreferred

Year

10-11

(quar.)
(quar.)—

5 A %

Avililsen

Corp.—

Mfg. Corp., 55c preferred

Aircraft

4

(quar.jf——.—_________
(quar.)—,—— — —
Co.

,

12-13
3-21
10-18

—

iquar.t—_—

Agnew-Surpass Shoe Stores,
Common
(quar.)

4

11-25

preferred

Gas

1-20

\

common

10*15

10-30

15c
15c

—

iquar.)

2%
12-31
2% 3-31-58
50c
11- 1

———--——

_i_—.—————

Corp.

5AV preferred

1

preferred
preferred

Railway
Co.,
common
non-cumulative
preferred

12-20

Mfg. Corp.,

Extia

dividend

Aeronea

11-

11-15

dividend

Stocx

10-22

1

11-

——-

Addressograph-Multigraph

1

li-

11-20

27Ac
50c

(quar.)——.—-

dividend

Adams-Millis

1-10

7c

—

(quar.)

Stock

1

12-

preferred

conv.

(quar.)__

B

tresumed)——^.-,;
$2.25 convertible preferred (quar.)_______
Avalon Telephone Co. Ltd.—

Avco

Consolidated Industries, Inc.—

Adam

1

(quar.)

Industries, Inc. (quar.)————5c
Products, common (quar.)—
10c

Acme Steel Co.

12-

: ;

Precision

$1.10

11-18
12-10

Per

Share

Petroleum, class A

Aberdeen

11-

2

*

of Company

Hame

preferred

10- 7

11-1
11* 1*
11-1

10c

Ayres

.

-

preferred A

6%

12-20

1-2

the dividends

give

we

8

4.08%

Natural

*

26c

6%

11-20

1- 2

50c
••

>_——

-

2- 1

25c

—

Extra

preceding table.

12-

Co.—

Southern

12- 2

announced in previou*
paid. The list does not include divi¬
dends announced this week, these being given in the

4.24 7^

Southern

$1

—

neiow

11-30

4.88%

11-15
11-20

weeks and not yet

50c

(quar.)—————

Extra-

12- 2
12- 2

11- 4

3o

•

preferred iquar.)
——_____
415c
0A% preferred (quar.)_—u—.——■_,..'-ll3sc»
Austin-Nichols & Co., Inc.—?
"
$1.20 conv prior preference
(quar.)
30c
Automobile Banking,-com.
(increased quar.) *
17Ac s
Class A common
(increased quar.)___:___e.
17'^c

4

12-

5?e

31 Ac
25c

-<

Development Mutual

6%

11-15

(Win.

Monthly

12-

$12 Ac

Yards, common (quar.) —
participating preferred (quar.)%%_

'

10-31

50c
50c
30(|
50c

—.

—

Stock

City

Sioux

(quar.)

Ltd.
Oil

Sinclair

quar.)-

———;—,

•——

.

62 Ac
20c

1-

preferred
(quar.)
Simplicity Pattern (initial
Extra

8

,3%'

—

5%

Simpsons,

-

(quar.)—$1.25

(s-ai

Sherwin-Williams
4%

<quar.)__

Valley Water

Shenango

30c
10c
15c
ISc
3oc

—-

——

Corn.

Mfg.

Sheller

60c

______

Sealright-Oswcgo Tails (quar.f.i.'-i——
Selected
Risks Indemnity Co
(quar.)
Servomechani«ms.
Inc.
(quar.)
Sheaffer (W. A.) Pen Co., class A (quar.).

11-30

Monthly

■

11-

1

2—

(quar.)—--—C2oc
$31,4C

Scythes & Co., Ltd., common
Seaboard

8

11-22

12-27

30c

Per >■ When ■ Hotterm r
-Share,'.Payable of Jiec.Y

v.„-

„

Fund—'
Augusta Newspapers, class A common (quar.)

,

(quar.)—__

/>

.

Name of Company
Atomic

12- 9
It- U
10-25

preferred (quar.)
Jr.) Co.. (monthly)—______—

conv.

Extra

11-12

Corp., new common
i initial i——
Paper
Co.,
common
iquar.i
—

preferred (quar.;—
preferred (quar.>

b'fc-

Wrigley

11-

1

12-

11-y5

12-

(quar.;—

Schering

$4

1
,

1

Co.

Woodall Industries. Inc., common

11-14

U-.A)
12-

lac ,12-13
256r ' 11-29
20c
11-11

(quar.)^

Industries)

11-13

12-

si.iv
dye

Water

4%%

12-13

Inc.

H.),

,y

'

Payable of Ree. '
12-24
12-10
1- 1
12-17

,

,

Conversion Co.—'—•
Wood
(Gaf)
Industries (see Gar Wood

V U-12

12-

1st

Jose

2

12-

/

Wood

11-12

12-10

(Consider

Wilson-Jones

3

11-8

12-

Paper

Regis

5AA

Willett

12-

—

$4.40
San

12-

'

11-30

11-15,

H5c

_

Eittra
St.

10-31

12-

4%

St.

10-31
11-21

12-17

.>

,

White Motor Co.,

11-15

Refractory &

"

Share
common-(quar;r75c
preferred (quar.$1.31 A
of Company

name

of Rec.

11-15

50c

Holder)

When

Hotter)

12-12

jjc

,

pid. (quar. A-

non-cum. 1st
Tile Co. (quar.»__
4V

Reading Co..

Sliare

.

■,

Pavahle

'

;

dividend).
$10

partic. preferred for each 100 shares

(Continued

on

par,

held >
page 50)

Volume

186 " Number 5685..

:

The Commercial and Financial Chronicle

.

(1853)
\ <£

Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED STOCK

Range for Prerlooi

STOCKS

Year 1956

Lowest

28% Sep
37% Dec

88% Dec

21
6

45% Apr

6

37% Feb

12

14

109% Feb

7

95% Oct

24

Dec

4

Oct

1

14

Apr

10

Oct

.14% Jan

9

67"% Jan

3

39% Oct
12% Oct
25

28% May 25
Sep 19
23% Dec
6

37% Dec

28

Oct

4

20% Oct

22

4

24

July 17

132

154

12% Dec 31

22% Jan

3

11% Apr

22% Dec

31

19

Feb

52

9

Nov

10

Dec

13

163

9

2% Dec

Dec

190

Mar 14

9

Feb

i

13

17

Dec

111

Dec

4'A Feb

11
14

16% Dec 21
77'
Dec 31
6% Dec
115

Dec

Jau

30

12% Dec

il

2% Oct

11% Oct

19

107

Jun

232% Jun
160

1
11

Ifcn

114

11

18%

24-

77% Jan

9% Jun

May

64% Dec
18% Jan

17

240

Oct

24

146

Sep

3

100

12

Oct

12% Oct
1% Oct

129'/a Apr

110% Jun

16

16

22.

13

Allen

Jan

11

29% Dec 26

Allied

30% Jan

8

Allied

22% Aug 13

Allied

22

77

47% Jun

19

Dec

26

97% Jan

3

30

82

30

30'/a Nov

98% Sep

29

37% July 25

24% Oct,

21

8

125

Mar 12

91

Oct

25

34

Apr

17

47

July 11

25

Oct

62

Feb

14

133% Aug 10

28..

DeC 31
Sep 27

64 % Oct

21

Dec

22

Sep

19

105% Sep

27

22

30 % Feb

21

25% Oct

24

29% Jan

16

30

Oct

59

Oct

Feb

7

31% Jan

95% Dec

7

108

Jan

26

95% Jan

27% Mar

8

31% Oct 29

25

Oct

64

70% Jan

51

39% Oct

23% Aug
2
47% Dec ll

1

Sep 28

118

Dec

9

>

3

7% Mar 12

38

Oct

1

Nov

Sep

37 % Aug

27

53% Dec
27

Dec

3

67

27% May 15
61

Dec

18

22% Jun

8

12% Dec

13% Oct

28

4%%

15
&

9

American

8

Amer

8

4%

140

July

24% Jan

6%

2

38% Oct

6% July 11
45% July 25

22

Brake

5%

Can

7%

American

4%%

106% Feb

21

93

Oct

10

9

40% Dec

11

29% Oct

22

15 % Jan

Mar 23

2

78

Aug 28

83

Feb

5%%
3.90%

7

41

Jan

21

58% July 18

Amer Machine

15

Oct

22

28% Jun

13

Amer

41

41%

75

75%

24%

25%

*86 %

75

25%

25%

75

75

75%

75%

75%

75%

400

25%

26%

26%

26%

26%

26'A

93

49,300

93

93

93

91

91

26 %

•86%

26%

6

27

27%

27%

27

67%

64%

27%

67'A

7,100

67%

69%

67%

27%

69%

30

65%

66%

28%

64,100

30%

31%

33%

31%

34%

31%

145,100

50

*25 %

27

1

*25%

26

24%

25%

12.50

36%

37%

35%

94%

96'A

95'A

•24

26

*25

*25

35%
98%

26

25%

25%

36%

30%

37

99%

100'!.»

Apr

12 % Oct

6

21

16% Jun

3

17

44

Oct

22

64% Jan

6

33% Dec

8

22

Oct

21

Nov

21

40% Jan

B

30% Oct

22

Jun

8

54% Aug

9

33% Oct

22

5

10% Oct

24% Mar 20

19
21

21

177

145

7

21

18% Jan

Feb

13

Sep

24

36% Jan

fl

17% Oct

21

Apr
34% Jan

26

55% Oct

22

97% July

37% Oct

105

Nov

97%

99%

60

62

64

63

63

14%

14%

14%

14%

15%

14%

79

15%

81

81

33%

34

33%

34

59

34%
97
26

*58

60

*95

97%

25%

25%

•58

17%

18%

38

40

♦70

%

61

59

17%

%

17%

38%

40

*70

—

60

•95

97%

26%

26%

•58

59

17%

18%
41%

39%
•80

—

10

174

Feb

46% Mar

21

1,

13%

14%

*19

1

x39

13%

19%

3%

12.50

%

37

•19

3%

38%

41

14%

19%

3%

39%

36%

14%

♦19

4

40

129% Mar 26

25
19

61

*

155% Jan

45% Jan

16

123% Feb
47% Jan

45% Mar J 2

62

Oct

40

Apr

Oct

22

"10% Dec

28

16% Jan

16

8

165

Oct

10

187% Feb

1

160

68% Oct

1

26

84% Apr 30
145% Jan 27

'31% Nov 23

51% Jan

3

10 %

Oct- 22

69% Aug 22
111% Aug 19

Jan

12

178% Mar
78% Jan
131% Feb

39

38%

15

15%
19%

•19

19%

4

4%

4

4%

23,000

39%

39%

40%

39%

39%

50,100

37

37

37%

37%

37

373A

2,600

42

44%

42%

43%

59%

58%

59

3,000

39%

31%

3,000

58%

58

lo

28%

30%

31%

28%

•27%

28%

•28

29

84

•81

84

•81

39%

28

28

•28

81

82

35%

37%

•80%

82

35%

37%

38%

40%

24 %

39%

40%

24'%

23%

24%

24%

25

24%

25

13%

*13%

*82

13%

1

of 111

14

12%

1

•13%

13%

13

133/b

600

14%

15

14 "A

14%

14'/a

14%

8,500

•35%

39

37%

38 %

36%

36%

800

21%

22%

22%

22%

21%

11%

22'A

5,600

11%

12

12

12 %

11%

31

21

12 %

30%

32%

31%

22 %

31%

32%

35,700
112,700

18%

1,200

21%

130%

130%

*12%

13

*12%

13

*12%

97

*93

96

•92

96

12%

12%

134%

12%

13%

16

16

15%

15%

93%

93

93

30

30%

31%

32%

33

*79

80

79

79

•79

80

*79

80

90

*90

90

22%

93

21%
*24%

Jan 23

87% Mar 19

14

6
3

10

30% May 28
26% May 29
footnotes

85
:

;

Nov

42% Aqr

107'

22

5

40% Oct

22

33% Aug
72% Jan

7
2

■

.'

r Oct

22

81

53

31% Feb

Co

12%

'

12

41% July 18
9

95% May

21

22% Oct

21

50% July 12
43% May 31

84

13

35

paoe

9

}

22

31

32
37%
10%
11 u
*140
150
17 A
20

-

Tel

10

Foundries

56

24% Oct 22

40

Mar 20

30

*90

1

22

21%

22%

25

•24%

25%

12%

•12%

5%%

&

Electronics

Common

—

Glass

•

Corp—_—1

6%
46%

23%

22%

24

23%

23%

23%

24%

5,700

31%

31%

32

32

32 %

32

32%

35%

36

39%
11%

37%

40%

35%

37%

3,500
35,000

12

58,800

11%
148

11

%

13

11%

12%

6%

12

11%

600

63/4

38,200

45%

12%
45

23,600

*140

145

18%

19

21

20%

21

20%

20%

13,300

55%

56

53

59

60

61%

59%

60%

600

403/4

45,700

37%
138

40%

139%

39%

40%

136

39%

41

'114%

118

137 %

41%
♦114%

30

31%

41%
118

30%

145

41'A

40%

42

114%

138

"

114%

32

148

40%

139%

136

*40%

31%

•140

1*5

33

10

570

140%

•40%
•113

32%

42

800

115

•

32%

40

14,500

54 %

56 %

56%

58

57%

58

58

58

9,800

24%
31%

22%

24

23%

24%

24%

243i

24%

31%

30%

30%

30

30%

30

24%
30%

4,600

30%
8

160

70%
117

9%

8

161%

71%

70%

27%

^

"

8

162%
118

28%

8%

9%

4,090

8

7%

8

•7%

8%

1,500

166

163%

166

163%

164%

72%

73%

136,900
16,600

72%

116

117

73%

72%

9
,

114%

115V»

1,700

30 %

28%

29%

30%

28%

29'A

28,400

9%

114%
9%

9%

9%

9%

10,400

116

- —

25%

25'A

25%

25

25

•25

26%

•25%

26

23%' 23%
9% - 11

22%

22%

22%

22%

*22%

23

*22%

23

;

10%

11

10%

11%

11

12

11%

11%

II,000

22%

19%

22

20%

22%

22%

23%

21%

22%

10,300

40'A

-

-

50

42%
57%

40 %

41%

43%

43

44%

42%

43%

54

55

55

58

57%

58%

112,300
1,150

38%

38%

3,600

54

37

6.25

—

No par

Clayton & Co
Anderson-Prlchard Oil Corp

Mining

6%
45%

"41%

53

55%

36%

37

36

88

*84

'

-

200

240

Corp—

preferred

Copper

6%
47'.a

12%

20%

-

Anderson
Andes

6%

45%

55%

8%
*25%

25

Co.——,

Hocking

6%

11

*117
118%
27%
29%

8n»eltlng__ 1

Wire & Cable——-No par

Anchor

12%

17%

8%' < 8%
163% 167%
71% -73%

25

series

27

46%

'140

42

30%

100

series

6%

223/a
•26

24

——100
25

common

93

21%
*24%

54%

-

5

& Tel Co_.

•90

21%
25%

3,700

32,200

30%

57

40^

25
25

Anaconda

$4

80

33%

137 A 140
39-%
40
*114% 118
29%
32

1

Co:—1

Zinc Lead

Amphenol

r

29,100

22%
-

34

common—5

preferred

American

-

30

32%

12%'
6%

24 %

1
No par

Anaconda

•

2,700

93%

31%

44

6%

100

8tores

12%
48%

No par

Co

Steel

.

6'A
46%

Ship Building

Preferred

May

Oct

12

43% July 11
35% Mar 19

•

Aug 29

Jan




Gas

& Std Sany

Preferred

•

42%. Dec

see

1
5

25

Corn—.

24

19% Oct

16

15%
•91%

10

preferred

0%

•

I,700

6,600

American' Tobacco

6

400

13

29%

25'A

24% Sep

7

93%

8,300

96

24

preferred

7%

23

12%

93%

21 %

25

27% Feb

15%

136%

13

13%
15%

•91'A

200

123A
•92

16'A

*79

Co com—5

25 % Jan

13

90

134%

30%

*24%

Corp

19% Mar

137

136

93%

2

Water Works

4

18%
•70

13

*93

20

com

preferred

American Sumatra Tobacco

21

18%
82 %

16

29 %

..

100

Products

American

9% Oct

18%

*78%

93

Metal

convertible

2

22% Oct

13%

15

•90

preferred

Viscose

.

1,800

19

American

-

25 %

44%

4"

'

•24%

13%

69,300

36

14%
.36

.

100

40%

18

American

17

13%

300

39%

*92

100
common-_7

44% July 11

Jan

3,600

29

84

10

,11% July 26

May 28

43%

20

Co-

47,300

40%

31%

21

23% Mar 13

15%

37%

58

22

27

14%

41

•37

31

8% Oct

29

9,800

*19

573A

27% Oct

4

12

29,400

—

4%

31%

13

17% Dec

•80

15%
19%

3%

57%

July 20

23% Nov 26

40%,

31

Optical Co—

14

19%

40

42
—

57%

Amer Sugar Refining common

81

18%

19%

41

*80

100

44

News

84% Apr, 25

26%
58

19%

American

24

24

18%

26%
58

45

American

2

22

Oct

10

3,000

26%
59

♦58

2,900

18 %

American

8

97%

31%

100

Potash & Chemical

1%

15

26

34%

44%

Amer Rad

8

500

34

•95

18 %
93

American

24

18

114% Sep 23
29% Oct 21

July 24

59% Jan

63% Jun

19

900

75,200

80

97%

31'/a

Co__No par
Amer Smelt & Refg com
No par
7<&
preferred
100
American Snuff Co common
25
6% noncumulatlve preferred—100

22

•77

34%

33%
*95

57%

American Seating Co—

Jun

136

2

82

44

American

3
11

•80

27,900

16%

Natural

4

3,100

14%

100

& Metals

Motors

Amer

9

700

37

79

25

10

39% Oct

59% Mar 20

12

158

26

37

15

60'A

97

100

American

31

25%

37
102

82

34'A

2

Co

& Fdry

American

8% Mar 21

20

26

99%

14%

10

American Molasses Co

33% May
3
37% May 17
66% July 11

5'A Jan

26

42

4% %

12

8% Jan
70% Sep

30%
•24

82

60

100

'

18

26

16%

5%%

12

*24

43%

American

31

300

25%

64 %

16

July 31

30

13,100

75

25%
89

25

94

41%

July 31

For

42%

18

99 % Feb

22% Ott

'

41%

45%

31

30

,

41%

16%

29

Dec

40%

42%

21

81% Dec

41%

No par

28

90

39%

Metal Co Ltd common-No par

23

32% Jan

42%

preferred

Jun

46% Jan 23

,

8,500

40%

preferred

prior

American Mach

4

S8% Feb

,

2,000

16

10

American Investment Co

May 27

21% Oct

65

21,800

27%

16

97

25

63% Feb

54%

27%

16%

13'A

5% Dsc

<

51

27%

15%

13

16

Dec

54

27%

*93

55% Jan

,

53

16%

No par

27

Jan

53

noncumulatlve preferred—100
1

6%

43% July 16

300

27%

50%

American Ice Co common

102
r

1%

15%

American International Corp

Jan

9

x27

127%

Jan

Dec

46%

133'A

30

119

21

130

28

13

21

1

108

Dec

20%

Products

American-Home

6

49

20%

18'A

2

39% Jan

21%

75

31

Apr

*20%

75

22% Dec

120

21%

21,300

75

97% Dec

Jan

76%

No par
No par

& Electric

Hardware

4

Jan

500

75

15%

Corp
5
European Secur—No par

34% May

83

1%

77%

49%
27'A

Distilling Co
Encaustic Tiling

45% Nov

Mar 16

2%

76%

2

•71

11

19

2,400

*1%

77%

72

17% Jun

Dec

13%

*1%

72

3

133/4

20

27

American Hawaiian SS Co

7

100

•96

75%

10

16% Jun

47,300

1%

18 %

97% Jun

10

363/4

74%

18

19

200

100

343/4

13%

132,300

239'%

1%

11

12

13%

50

5%

5%

1,600

73%

74%
21

18

178% July

5%

10

15%.

71%

*2oy8

73%
21

29%

22

65

12%

11%

American

fl
15% Aug 19

24% Feb

3

100

12%

18%

135

118% Feb 13

28

♦96%

31%

18

'42

1%

12%

10 %

Feb

Dec

100

12%

18%

21

142% Dec

1%

100

30%

Oct

5%

8,300
19,400

110

15%
•70

100

13

36%

10

72

15%
70 %

*96%

100

34%

35

Corp—-^-12.50

17

*109

15%
70 %

37

32%

American Gas

142% Nov

111

2 3/4

13%

13

36%

35 %

22

2

13%

•90

prior preferred-,

American

17% Apr 23
39% May 22

21

15

5%

20%

23% Jan

Sep
12% Oct

4%

Export Lines Inc
40c
American & Foreign Power—No par

21

10% Feb

4%

American

22

Feb

4%

1

Oct

58

5%

31% Feb

20% Oct 21
10% Oct

Dec

4%

♦70

15%

18

Nov

•109

15%
72%

15%
72%

36%

30% Oct

16% Dec

109%

15%

110%

15

*70

14%

2

28

109%

♦109

70%

35

5

150

13

American Enka

31

43

12%

American

16% Apr

'33%

12%

7

43 % Aug

13% Jan

12%

Jun

23% Dec

93

11%

2%

15%

Co

American' Cyanamid

95

160

2%

15%

Cable

28% Apr

9
17

•153

2%

•200

Corp„

27

&

93% Feb

July

160

110%
15%

25

Chain

48% July 15

14% Mar 21

•153

2%

90

preferred

22

17% Apr
17% Jan

160

2%

240

common

22

13% Nov 27

Mar

Co

3d % Oct
23% Oct

1

•153

15%

20

80% Aug 22

14

160

90

common

& Radio

14

17% Aug 27

190

215

American Crystal sugar com

35% May 28
18% Oct
4
fte
Jan 25

28

Inc

Cable

American

27% Jan 14

•180

2%

13

29,500

190

2%

100

600

493/4

•183

70%

32%

5,700

23%

49%

190

•153

No par

8

7

•22%
-

•177

13%

*109

50%

223/4

190

2%

12

22%

49%

16,800

,

27%

com

39% Jan

Oct

22

22

100

preferred

Feb

7

48 %

800

7%

Broadcasting-Paramount

28

49

35% Feb 10
25% Nov 29

Co

28

21

26

Shoe

American

30

21%

47%

23

300

146

7%

240

convertible preferred

Chicle

24

•21

22%

•140

*86

Colortype Co

Oct

47%,

7%
23

*173

160

2%

21%

45%

6%
21

*168

Corp

American

25

77% Dec

Arma

Dec

102

*153

1

•21

48%
190

50

Bosch

American

35

4

21%

45%
*171

100

9

-

14% Oct

31

21

143

100

common

3

Sep
34% Sep

11 % May

Dec

1

No par

64

3

1
44% Mar 12

Dec

7%

7%
21

50%

com

American

25

19% Aug

13% Nov 29

147 %

7%

143

6%
20%

240

preferred

7

48

11

147%

*136%

7%
22

No par

5

3

96

146 %'

7
21 %

15%

Corp

42% Mar

Jan

Aug

25

*85

preferred

64 % July

Jan

143

*24%

14,000

1

22

3

84% Jan 31

25%

147

12%

No par

20

27

30% Dec

♦24%

147

*168

America

Jun

53%

27% Mar 21

10

of

39% Oct

35%

Dec

.17% Jan

12,700

12%

100

preferred

Theatres

4

20% May

21

6

Dec

22

*24%

220

preferred

conv

Mar

35% Jan

25

21%

25%

27%

Limited

American Bank Note

Jan

27

Aug
8
3% Oct 22

9

100

12,900

*24%

5

American Bakeries Co

May
57'A July

21

Jan

35

Co

convertible

86

5
11

37% Apr

13

27%

25%

12%

_No par

Petroleum

3%%

8

19

49% Apr
2
45% Jun 18
61% Nov 12

20

38% Jan

26%

24%

22%

12%

*85

Corp

convertible

31

104% P'eb 12

32% May 21
20% Jan 11

40

13%
27%

Amer Agricultural Chemical__No
par
American Airlines common
1

3

99% Mar 28

9
21

38'A Oct

11

4% Dec 31

19% Dec

13

21%

13

48%

Amerada

2

Jan

100

7,400

13,200

No par

3

24% Jan
113

7

16% Oct

6%

Amer

21% Dec 20

46

*170

Amalgamated Sugar Co (The)
Ameiace Corp

70% Aug 16

22
22

Oct

36

&»

45

27

5

7

53 vb uiuy
147 % Jun

22

14% Oct
79

Mar 19

10

May 28
16% Jan 23

22

94% Oct 21

26% Mar 16
126

Aluminum

47

13%

convertible preferred™100
Alpha Portland Cement
10
Aluminium

45%

21%
25%

18

Mills

Products

8

July
53% July

13%

45%
26%

__5

Laboratories Inc

8

102

43

12%

4.08%

4

24% Oct

121 % Mar 23
79
Jan
9

4

Jan

13%

42

Amalgamated Leather Co

39
Apr
3
31% Nov 18

10

58

9

41%

96

25%

Allied Stores Corp common—No par
4% preferred
100
Allis-Chalmers Mfg common
20

May 16

39

21

33% Oct

&1% Jan

36% May
119

14

27% Oco

Jan

43%

No par

Allied-Albany Paper Corp

4

39% Oct

%

•92

21%

1

Allied Chemical & Dye
Allied Kid Co

4

13%

14

25%

1

3

56% Jan

13%

5

.

Inc

3

21

24

Industries

23% July
59
Oct

22

95%

13%

100

98% Jan

Oct

95%

13%

21%

100

preferred

10

42% Dec

104 % Nov

prior

24

15% Oct 23

10,500

96

12%

25

2

common

20% Oct
27

200

42%

13%

100

72% Oct

36% Apr 23

29%

42%

20%

100

-

m

9

22

♦92

Shares

*28%

26'A

100

„^

25% Aug 15

11

43%

22

No par

common

preferred A_

conv

28

43

,

12%

Allegheny Ludlum Steel Corp
1
Allegheny & West Ry 6% gtd—_100

Aug 13

5

22

Engineering Co_

preferred

5 % Vc

$4

28

42

y4

1

Alleghany Corp

5

65% Apr

96

28

40 %

21%

1

Corp

Referred
Aldetis Ififc common

24

Oct

32% Oct 21

117% Mar 27

5

Oct

90

4
17

Corp

4% %

*92

*27%

25 %

No par

7%

May 13

190

Corp

Alco products Inc common

14

Oct

28

40%

the Week

Oct. 25

1

4.50% conv pfd 1951 series
Alabama & Vicksburg Ry
Alaska Juneau Gold Mining

14

22

15.

39%

Sales far

Friday

Oct. 24

lo

Air Reduction Inc

8

,4% Oct

41

*27%

96

PRICES

Thursday
,

1

Co

Aetna-Standard

28

70% Oct

46% Oct

>

Admiral

19% Jan 10

25

13

25
1

Co

Express

Aeroquip

8% May 28

22

1

Addressograph-Multigraph Corp—.10

Aug 28

6

160

Nov" 28

21%. Dec

15

23

23

Nov

16

7

88% Jan

5

30

21

July

Adams

31% July
5
31% July 23
65% July 8

21

45% Oct

Acme Steel

Oct. 23

40%

*93

SALE

Wednesday

Oct. 23

28%

39%

100

Vending Corp

Adams-Millis

28

5

preferred

ACF-Wrigley Stores Iuc

7

14% Jan

11

Jun

conv

ACF Industries Inc

8

23 % Feb

1%

105

204

12

176% Feb

ABC

27% July 18
27% Jan 11

10% May
7
241% Sep 14

31

241% Sep

Oct

155

23% Mar 22

117% Jan

1

6% Oct 23
19% Oct
21

38% Feb

88% Jan
'

Mar

4%

HIGH

Tuesday

Oct. 21

1

Abbott Laboratories common

64% May 17
16% May 27

22

29% May

32% Jan

19

155-

2

Par

Abacus Fund

17

51% July 15
104% May 22
17% Jun 10

21

11% Jail

Monday

EXCHANGE

33% Jun

11

July 30

20

22

136

21

LOW AND

NEW YORK STOCK

Highest

28

11

Jail

Lowest

32% Mar 12

55

108

Range Since Jan. 1

Highest

—

21.80
10

14

/*

37

-

*84

-

36
24

•84

88

35
22

n

*26%

35%

36%
'

88

35%

35%

35%

38%

38

♦84

3534

•«

22%.

23 Va

23%

24 7i>

23%

27%

24%

25

25%

25%

♦25'A

•

88

•

36%
24%
26

•84'

36%
23%

•25%

88

•

36%

4,100

24%

21,100

26

400

17

The Commercial and Financial Chronicle

IB

Monday, October 28, 1957

(1854)

NEW YORK STOCK EXCHANGE STOCK RECORD
Highest

UVMt

7

24

26% Nov 29

8% Jan

5

Armco

10% Oct

21

16% Jan

8

Armour

22% Oct

11

&

4

Feb

18
5

Arnold

7

Artioom

3% Oct 22

6% Jun

Constable
Industries

36% July 19

Arvin

22

19% May
6
31% May 31

27 Va Oct

17

27

6% Jan

2

7% Sep

11

%

23%

80

80

22%

23 %

3%

3%

29%

29%

103

Jan

28

22

78

Jun

6

18% Oct

33% July 23

34

14

63% Jan

15% Nov 21

22

Jun

22

27

Jan

11

89

May

1

23%

Nov

10

Sep
Jan

2

84

Oct

10% Feb

26

27

16

11% Aug

17
Nov 28

60

3

30% Mar 13
101
Feb 27

30

26% Dec

63% May

43% Jan 27

Jan

47% Aug 14

38% Oct

83% Nov 29

99% Feb 20

6% Oct

1

Jan

22

3%

3%

3%

3%

30%

30%

3%

3%

29%

29%

79% July 16

Atlas

18% Jun
91

1

56% Oct

22

13

11% Jan
9
17% Feb 27

7% Oct

23

16% Oct

21

18% Mar 22

29

25% Oct

21

38

4% Oct

22

Sep

16% Jan

19

22% Jun

8

Aug

34% Oct

26

7% Feb

24

49% Feb

24

4% Dec

39

i

48% July

14

29

48% Dec

Oct

6% Jan
4b '/8

21

6%

6%

6%

6%

6%

6%

6%

6%

6%

6%

1

27%

29%

27%

27%

100

94

95

10

67

68

10

1st preferred

18%

15

11% Jun
317/a Dec

12

9 % Oct

22

17

35Va Feb

7

32% Jan

3

95

Nov

29

113

Feb

2

90 %

85

Dec

21

105

Apr

19

80

May 10
68'/a Jan 27

32

50

Oct

22

67% Oct 24

28% Oct

22

15% Jan

8

41% Feb

13

68 y8 Dec

28

42% Jan

53

9

Jan

19

60

16

12% Oct 31

..

94

19%

Xl8%

r-1 CO

91

a

9

9%

9

28%

28

28 V8

28

28

84

%

84'%

85%

84%

84%

32

31%

33%

12

Feb

21

15 % Jan

18

39% Oct

21

Jan

6

9

43

May 28

67% Nov

26

16% Aug 21

19 Va Jan

6

Jan

16% Mar 22

134 7/a

23

25 % Jan

23

Dec

31

19% Jun

8

39

Oct

79

52

Sep

6%

7%

7%

15%

15%

15%

57

60

60

'

42

12

Nov 28

14

Feb

6

10f 4 Mar

Jun

8

27

Jan

3

11% Oct

28% Feb

14

"

No par

25%

28%

11

31

36 % Mar 15

50 y2 Jan

Jan

30

85

10

conv

4%%

Creek

89 Va Feb

85 %

83

85%

Bell

32%

92%
82

9,600
160
40

33%

—

35 >/a

53%

-37%

35%

36

Ve

60,100

92%

-

1.500

38,300

10%

32%
-

-

85

*82

3%

32%

54

102,100

50

,*52

50

53

53%

29 %

29%

30

30 %

30

30 %

53%

53%

56%

55

55%

54%

55 %

4,800

10%

10%

50 3

29%

2,700
1,900

51

56

10%

50

54%

51%

54

28%

51

10%

10 Va

10 %

10%

10%

10 Va

10%

1,500

*16%

17 >4

16%

16%

13,700

*52

55

4

1

55

*52

55

•'

15%

16%

16

16%

16%

10

39%
15%

43%
10

39%

41%

41 %

45%,

41%

44'%

19,700

No par

15%

15%

16

16%

16

16

15%

15%

2,oJ0

12.50

31%

32

30%

30%

31

31%

31%

31%

31%

31 Va

2,500

100
100

*91

2.50
1

29%

*78 %

^.1

pfd

17%

11%

11%

12

12 %

13%

29%

30

30%

31%

*78 %

79

79

79

a

30 %

29%
*78%

79

79
17 %

15%

17%

*37

39

*37

39

%

13%

13%

13,000

29%

-

30%

13,200

81

40

17

*79

7,700

'

*37

39

*37

39

16%

17%

16%

17%

16%

150

92

39

28%
11%

28

27 7 a

28%

27%

28

27%

27%

11

11%

10%

11

10%

10%

10%

10%

13%

11%

12%

12%

12%

12%

13%

12%

13

21,700

37

38

37%

38%

38

40 Y*.

38 Va

39

7,400

91%

86

86

1
10

100

common.

91%

12%

1

preferred

*90%

91

91%

,

135

27%
11

10

Corp—

91

91%

*110

135

*110

135

*110

135

44

43

113

30%

*37

17

91 %

92
11%

11%

100

Inc-.

*110

135

*115

50

Co

3%

a

1

Savers

Howell

&

4%%

34

34%

32%

36%

5

common

Bell Aircraft Corp

6

32 %

*83

2,300

100

6,700

31%

92%

32%
92 y«

9%

39%

39

32%

92 Va

32%
92 (a

Belding-Heminway

2

,

32%

9%

9%
92

*83

"»

11

33 Va

152,900

82

22 7

10

9%

5%

10 %

3%

31%

91%

1,400

31

5%

3 7a

3%
31', a

32%

10

39%

3%

92%
85%

RR

Life

39 Va

"

5%

30 '/4

30%

33%

1
10

4%%

Beech-Nut

,

9%

Corp..:

1

29

39

2,100
%

8

17

30

30%

xa%

5%

39

4

4

4

30%

29%

92

*

(A S)

39%

..

30

47/a

5%

39 %

,

,16 Va

28%

33%

.

Instruments

Shoe

Beech

31

4

100
100

prior preferred

Beech Aircraft

40%

29

*

28

"

4 To

5%

39%

100

preferred

Beck

26

60

*16%

17

*16 %

1,100

*8

8%

8

7%

13

Corp
Inc.....

Cigars

2

24 % Jan

5

9

Works

Iron

Beckman

9
24

35% July
13 % Aug

8

5

*16

No par

Beaunit Mills Inc

Apr 22

50"% Dec

Jan

8

17

Corp

3%%

11

86 y2 Aug

•

27

77a
*16 Va

preferred—...

Bayuk

51

31>/4 Jan

Sep

8%

16%

Beatrice Foods Co common

47% July 16

4

26

59

58%

7%

8%

68,800

15%

7%

15%

16%

7%

15%

7%

15 %

56%

59%

6.%

15 %

7

16,500
28,2)0

34

60

6%

57

Corp

Products

Bath

13
35% May 20

22

27 % Feb

26

Basic

>..17% Feb
-

20% Jan

Sep

39

4

101

4%%

20

19% July 25
71% May 22

17

15% Oct

10

Nov 27

)

Apr

20
85

Brothers

May 20

26% Oct

32 Va Dec

6

Barker

136

8
31

Dec

80

Corp

Oil

102

11-

47% Jan

Sep 17

26% Aug

91V3 Aug
29

80

common

Corp

280

81

Bangor & Aroostook RR

3

79%

81

noncumulative preferred__100

4%

79%

79%

1

Ohio

&

40%

79 %

(The)

Barber

July 23

89% July 12

13

20

9
43 % Dec 28

13

Baltimore

>40%

80%

preferred series B___
preferred series C__

4%

28

34

79%

15%

110

34 3 4

41%

6%

4,300

33%
40

15%

14,900

84 %

*84

41

1

89,100

28

84%

*84

39%

Elec Co

2,000

9%

9
28

40

4%%

19

37% Jan

17% Sep
•0

July

106 % Jan

Feb

Feb

14% July

15% Aug
6
30% Oct 22
120

Baltimore Gas &

8

190

Y'4

19%

19%

9 Va

28

28

38%

of Amer

Co

68%

20%

9

9 Vu

40 %

Inc

Wilcox

&

5,200

; 91%

;/

39 %

($1.20)

Baldwin-Lima-Hamilton

16

Mar

T)

(B

1,900
8,100

28%

91%

;

10
100

(The) comm'on
3
preferred
No par

conv

69%

31%

.'20

Co

28%

;V- 68%

92

19%

19%

38%

<86

_No par

common

89

23

39

<

33%

1

63
May 16
57% Jan
2
<

10 % Oct

Feb

Nov 27

22

22

14

94

*82

____20

pref

prior

Babcock

58% July 25

Oct

39

116

95

12

Jun

44

.July 22
(a Oct

68%

69

93

28%

92

28

93

67%

;

68

31%

Co

Nichols

28

27%

95

.

67%

No par

RR

common

Powder

Babbitt

4

Jan

102

51

Sep

Line

preferred

$2.25

35% Feb 15

July 26

14

82% Jun

preferred

Coast

Corp

27,600

-

Avco Mfg Corp

11

oixu

?

16

Goods Corp—

Automatic Canteen

3

2.400

30%

15%

,__5

Conv

May 15
7% July
5

30

27 %

*

3% Aug 26

7% July 12
5

17

35% May 24

Oct

30

29%

300

5,300

3%

*27%

Austin

Mar 29

14
'

»7% Sep 26

5% Sep

3%

66,400

70

*20%

16

5%

13

9

,y.«

81

22 %

*80

27%

$3.75 series B preferred

61% Feb

9,500

80%

22 %

'

15% Dec 27

23%

23%

83%

22%

15%

non-cum

Atlas

24
24

24

83

*20

277 b

28

25

Jan

23%

*80J%

15%

10

18

-

23%

82

27%

9

11% Jan

21

5<j,O00

14%

Atlantic Refining common

04

22

15 % Oct

10% May 28

29

ll^-a

27%

Atlantic

79 % July 26

8% Nov

%

15

Atlantic City Electric Co com__6.50
4% preferred
100

6

11

27%

57% Jun

10

11%

14%

50% July 15

5

35 % Jan

-

11

*27%

5%

23

% Oct 22

31

9

95

11%

'

15%

Common

7

47%

27%

5.25%

6

Jun

25

46%

14%

Associates Investment Co

r30%

24%

48%

22%

82

*21

Atchison Topeka & Sante Fe—
9

25

*47%

27%

Common

6

23%

.

3,100

24%

47%

1

ASR Produots Corp

19

23

i

preferred $1.50 series__No par

2nri

27% Oct

Jan 23

•5

10%

Ashland Oil & Refining com

35
Jan
3
110% Jan
5
73
Aug 28

9

11%

Inc

3

14% Oct

8% Feb

16

Oct

97

10%

1
No par

3.200

32%

25%. .25%

45-%

Carpet Co Inc

Associated Dry

29%. Feb

25%

44

Corp

2bVp o<xti

30% Mar 29

4

2

32%

23%

24%

2.50

preferred

$3.75

Mar 29

20

32%

10%

25%
46%

5
1

Armstrong Cork Co common.

Jan

14

32%

,

'45%

25 %

44%

5

Corp
Co of Illinois

Shares

Oct. 25

Oct. 24

32%

32%

32%

—5
10

Corp-

Steel

92

5

Feb

13

Oil

30

Sep

18

32%

32%

the Week

Friday

Thursday

Oct. 23

'

32'% Jun

79

6

32 3 »

No par

31% Mar 15

11

6% Jan

Argo

2

Jan

22

26% Jun 11
27% Oct

May

102 % Mar

5

18% May 24
4% Dec

4

2

37% Mar 27

9

15% Feb

15% Jan

Jan

65% Jan

2

46% Feb

5
69% Dec 14

Dec

36

21

44% Oct

39% Apr

•2

24

24% Oct

23

87% Jan

22

Sales for

PRICES

Wednesday

Oct. 22

■"

Oct. 21

Par

Archer-Daniels-Midland

32% Oct

41% Apr

EXCHANGE

39% Apr 25

9

36 V* Jun 28

SALE

HIGH

Tuesday

Monday

NEW YORK STOCK

Bang# Blnee Jan. 1
Lowest
Highest

feu 1956

AND

LOW

STOCKS

l«>l» for Previou

,*86

■

27%

■

•

40 Va

38%

91%

40

47 V4

*86

91%

*86

91 %

*86

6,500
1,700

23,700

4
*

,

8

1% Dec

14

2% Feb

Bendix

21

VTnv 14

Beneficial Finance Co

18

48

May

1

Oct

17

28% Oct

-

33% Apr 17

19

66% May 17

18

25

43

24

1

44y8 Dec

21

Jun

15

42

64% Dec 27

30% Oct

Oct

16% Oct
40

48% Jun

53% Jun 22

Feb

1% Jan

.

Dec 31

77% Aug

Dec

20

172 % Feb

Best & Co Inc

Best

8

«16 Va Jan

13

Dec

5

Jan

11

71

84

25% Nov 20
28% Nov

36

10

28% Jan

23

29

45% July 25

21% Dec

20

23% Nov 21
12

Mar

14 y8 Dec

1
26

9% Dec 26

Sep

20

37% Oct 22

.

22 % Oct

21

17% Oct

22

Jan

11

.}

Apr

2

21

Oct

8

29

Oct

10

61 Va Jan

29% Apr

3

15% Sep

25

1
1

22

22

17

Jan
Jan

14

12

38% Jan

17

5

Dec

3

50% Apr
98 Va Feb

67% Mar 19

17
' Aug
41% Oct

&

9

Apr

15
3

12

Oct

22

46

Bon

Oct

Jan

10

Jan

22

Stores

Edison

3

29% Jan

3

11

Oct

23

19% Jan

3

61% Jan

3

29

Oct

25

47% Jan

10

1

14% Jan

31

6% Oct

22

liy2Jan

2

31

54% May 10

28% Oct

22

41 y4 July

Dec

28

58

9

37 % Oct

25

48

Jan

24 y8 Apr

6
16

5% Oct

22

13% Jan

30% Oct

11

47

44% Dec

17

41

Jan

21

61% July 12

Feb

29

82

Aug 26

8

48% Nov

28% Feb

14

92 % Oct

26

100

32% May 25

37

13% Dec

17

Aug
2
15% Apr 27

39% Nov

16

46

13

15

23 y2 Oct

18

38 y8 Jan

23

12

14

15

Brown

&

38% Mar 11

48% May 22

Brown

Shoe

36% Aug

Oct

22

Jan

26% July 19
56% July 18
21% Jan
3

21% Oct

25

28

29 % Oct

22

52% Jan

17y8 May 28
89

Dec

5

95 y2 Jun

80% July 30

27

Feb

1

26% Oct

22

Dec

28

36% July 17
38% July 30

20 y8 Dec

10

23

13% Oct

22

7

May 23
9

Budd

Eulova

ll'/a Oct

22

8

12% Oct

22

21

Jan

2

16% Jan

3

9% Oct

22

14% Jan

23

66

Nov

30

81% Jan

19

63% Aug 14

74 Va Jan

23

63

Sep 20

77% Feb

8

57

65

24

72

Dec

27

85% Mar

28% Jan

23

46% 8ep

15

10

20

Apr

22 Va Sep 18
9% Jan 23

25% May
98

8

Aug 15

40% Jan 23

4% Dec
12% Jan

10
20

Mar

Oct

Oct

24

Jan

6

64% Aug 19

74% Jan

6

33% Feb

27

52% July 10

26

16 Va Oct

8

19

Jan

25

3

Bullard

Jan

11

Butler

12 '/a Apr

16

4% Oct

22

10% Jan

10

Butte

Conper

34% Dec

14

24

Oct

22

45% Jan

16

Bye^c

3

99

Oct

17

104% Feb

29

1%

36% Oct

22

44% Jan

22

7% Jan

16 % Mar 20

9V» Oct

22

15 >4 Aug

20%
21%

18%

18%

19

19%

20 %

20 Va

21%

22

22

23

23%

24

3C%

31%

31%

32%

31%

32

15%

16

16.

16

22

23

23

23

13%

13 %

13

13

14 3

75

74%

74%

45%

46 >4

12

12

11%

12

34
7%
30%
39

29%

30

6%
31%
49%
84
32%
12%

5%

33
6%
28 %
*38
6
30%
48
*82
32
12

5

3

100
10

41

15

26
22 %
29%
14'a
*80
27
11%

No par

No par
5
5

No par
1

13

5

Inc

9%
*64
*60

1

100
100
100

36% Mar 16

24% Oct

22

86% May 13

56% Apr

47 Va Oct

24

S?

footnotes

see

page


r~


28.

6

tor

1

11

11%

31

30%

31 Va

6%

7

7 Va

7%

30

29-,,

38

38%

30 %

48

84

31%

48%

32

30%

31%

38

38

37 %

38

800

6

6

6,800

31 VB

30 %

Ve

14,400

31 (a

6

4

5%

31%

47

4,600

26,500

31%

39

*79

6,600

7%

39

28 Va

28 3

6

7
"

.

50 Va

*79

32%

32

33

32%

51 >4

53

32%

6

31(4

31%

51%

31%
*80

83

6%

53

*80

83

6,500

16,500i

..

84

33%

33 Va

4,700

33%

2,200

12

12 Va

12

12%

12 Va

12 Va

12%

41 %

41

41 %

41

41 V*

41

41%

41

12 %
41%

28%
22%
31
14%
81
27%

25%

27%

27%

28%

27%

30 %

26%

28%

21%

22

22

22 %

22 >4

23

21%

21%

3,800

29%

30%

30

31

31

31

Va

30%

31%

18,300

13%

14

13%

15

14%

15%

15Va

15%

43,200

80%

80

80

80 Va

100

27

28 Va

28%

28%

28%

1,300

12Va

12%

11%

12%

8,500

*80
27

*80

81

26%

27%

•

12%
13%

11%

11%

11%

12%

12%

13%

13%

14 >4

9%
66
65

9 Va

9%

9%

9%

64 %

64%

64

64

60

60

*60%

63

14

9%

14%
10

14%

9%

14%

31,000

8,400
45,300

10

*64

65

170

60 %

*55

60

2,100

65

*64%

65

240

64

64

17

*64%

*80

3,300
<..

65

37%

36%

37%

36%

37%

17

17

17

17

17

17

17

23%

23 %

23%

11,900

5%

4%

4%

6,900

25%

700

15
Zinc...

5

'

,

10

common

,

23
4%
28%
*97

37%
—1
5

2%
9%

Co.

Pacific

*66

23%
4%
28%

100

>

38%

22%
4%

24

100

..

5

25%
*99

4%

26

25

26

*24%

99

99

*99

37%

37%

2%

2%

36%

37

37%

2%

3

2%

.

9%

5%

•4%
32 %

9%
5%
33

9%
5

9%
5

9%
5

10
5

10

100

3734

2,700

2%

33.5J0

10

4%
32

19,400
14,900
8,

>0

32%

3 2 /4

14%

14%

14%

14%

13,500

76%

76%

150

14

14%

78

77

77

78

78

*76 %

77 Va

51%

*50

50

2,400

32%.

14V4

*23%

4%.

28,200

33 %

14

50

9%

36%

32%

14%

25(4

36%

100

2%

33%

No par

4%

23

36%

5

25

Ry

24

2%

33

50

22%

X36%

1

*23%

4%

24

3
10

23

*97

1.80

Ltd

Canadian

11%

30 3'4
V

67

100

Aug 22

11

6%

17

No par

For

6%

36%

29

50

11%

8,300

17

29% July 15

66% Jan

8

11
29

..

66

*76%

23

46

36%

No par

July

45 >4

17

27

July 31

110

75

*74

66

Feb

237/a Oct

45%

-

36

14 Va

50

*74%

75%
46

600

4,200
33,200

1

n__1.66%

6

*74%

--32

5

i

8

July 11

,

66

May

33 % Apr

14

14%

-

16 y4

66

10%

780

46 %

2

1

7,300

45 Va

13

Oct

14%

47%

2

24% Nov 30
30% Nov 29

14 Va

46%

8

55

6,370

4

10 Va

4

84

13 %

33

6% Jan

74

23

13 Va

55 Va

37% Jan

7

5,100

23

%

32 >4

22

Feb

8

54%

24

98

15 7

10 Va

4% Oct

21

»'

15%

>4

32 % Jun

75% Dec

13%

13%

121,600

33%

3

13 V4 Jan

22%

13%

2,400

31%

:

56

17

3

16%

22

24%

23%

32%

7% Jan

17% Jan

16

18,200

20%

31Va

%

33

43% Jan

12

4

15,900

33%

5 Yt Aug
9
34 Vt Nov 23

Dec

17 3

32
16%
24

>4

32

Co

&

Soup

7,600

26

33%
75

participating preferred—100

Campbell

7,500
70

42

25%

32%
75

,

(a

41%

26%

14%

2

51% May 3
8% Apr 13

rv

43

25'4

55%

11

2% Oct

105 % Aug

41%

25 Va

*10 >4

:

Co

Bros

41%

23%

56%

Burroughs Corp

29

38%

23%

10%

2.50

preferred
3%% preferred.
4%% second preferred

22

bOO

9%
65

*63

14%

10

22y2Oct

4

9%

9%
65

2,700

144

*140

140

9%
*63

65

*63

55%

Industries Inc com

5

4

*137(4

9%

9%

9%
65

141

141

141 %

9%
*62

14 Ve

Co

31% Jan

141%

65%
39%

40

14 %

100
.2.50

,

Terminal

419,800

*10%

4%

Bush

40%

10%

Co common

Watch

39 Va

22%

16%
23
13%

1

preferred

Burlington

41%

1^

3.50

Buffalo Forge Co

12% Aug 21

26

40 Va

25

Buckeye Pipe Line Co
Bucyrus-Erie Co
(The)

40 Va

100

Brunswick-Balke-Collender

$5

20,200

39

14 Va

Inc

21% May 17
90% Jan 15

34% July
5
29% Jan 11

8

31%

38

36%

55%

Bigelow
Co

447 a

31

37%

30%

50

36% Jun

22

44%

32%

10%

:

:

11

31% Oct

44%

31%

55

Briggs

10 li

28%

44%

RR—

Jun

Jan

28%

Va

31%

10%

Manufacturing Co
Briggs & Stratton Corp
Bristol-Myers Co common
3%% preferred
Brooklyn Union Gas

90

29 Va

44

31 Va

58%

preferred

conv

29%

44

31%

24%

21 %

No par

25% Oct

Aug 29

.

Airways Inc

4%%

33
39%
142
9%

29

44

30%

44

29

43%

30

10%

Bridgeport Brass Co common

8

29%

139,600
1,400

1 Va

5

preferred..

Braniff

14

Co

Maine

&

x29

1

1 Ve

22%

1

Common
5%

11

31

■{

1

56%

Inc..

(The)

Co

Boston

9%
65%
38%

1 Va

-1.25

Borg-Warner Corp common
3%% preferred

12% Dec
35 % Jun

30%
30%
142

8

1

15

Borden

87

1

5

Book-of-the-Month Club Inc

53% Jan 24

1%

5,700
1,4)0

17%
42

No par

Bond

24

17%
42

No par

12

1

May

class A

11 y8 Sep; 19

25

17%
42

1

62% Jun

45 % Oct

17%
42

.5

17 y4 May 27

35% Dec
41

Co

17%

41%

2.50

B

Bos'on

10

Co

Laughlin Inc

Ami

Va

1
10

Co

Airplane Co.

Class

74% Oct
.

Mfg

(Delaware)..

Bohn Aluminum & Brass Corp

Jan

32

22
2

(E W)

Bliss

Boeing

16% Jan

Oct

32

10

48% Dec 12

9

*

25

.

9% Jan
51% Feb

3

12 V3 Mar 16

64

Oct

11% July

Bliss

2

14

33% Jan

12

Deoker

&

Blaw-Knox Co

2

29% Jan

13

34% May
20% May

Black

64% May 17
43% Jan - 2

45%

48

-

16

41%

30
43%

1

:

.

16%

41%

1

7% preferred
100
Bigeloyv-Sanford Carpet (Del) com_5
4Vu% pfd series of 1951
100

24

75

.

Co

(Del), com—;

47

16%

41%

1

Steel

-

17%

42%
1%

.1

Gypsum

Bethlehem

15% Jan

155
.

26

Dec

27

79

Jun

9% Oct 22

7

;

1 peso

-

47%

45

45%

16%

*41%

1

Inc

43%

45

42

5

—50

Inc

Foods

Best wall

50% July 16

65% Dec

Dec

64

64% Jan

21

65

50% Sep
6
46% July 17
32 % May 11

32% Feb

21

136

7

13% Jun

146

Consolidated

49% July

5

Corp.:

preferred

32>/2 July 15
,

.30 % Oct

9

Aviation

cum

Benguet

26

36% Oct

63

5%

9

j

30

51%

*50

51 ('2

23%

23%

24%

24%

*24%

25%

200

24%

26%

26%

26%

25%

26%

32,400

47%

47 Va

47 V»

*47Va

50

*50

25

25%

24%

25%

25 Va

47%

47%

47 %

47%

*47 Va

48

500

Volume 186

Number 5685

.

.

The Commercial and Financial
Chronicle

.

(1855)

1

19

NEW YORK STOCK EXCHANGE STOCK
RECORD
Range for Previous

stocks

Year 1956

Lowest

23% Dec

12

31% Jan 23
22

Nov

Nov

45 Vb

14

101

30

Mar

Dec

4

51V4 Jun

13,

32% May 22

23

18% Jan

\

24

21
21

33 Va Oct
37

Dec

95%

11

104 J

12% Nov 23

4-

102

Mar 21

25% Mar

18

47.

6.

23% Aug

e

25 V Oct

22

5Vb Oct

22

5% Mar
99 % May

Nov 21

10

22

103

:Oct

22

58% Oct

23

119.:

Feb

27

Jan

13

21

75

34

Feb

14

47% May

17% Dec

3

-

20

10%

IOV2

11%

11%

12%

11%

30%

11%

29,600

31 Va

33%

32 Va

33%

21

31%

21%

32%

13,900

21 %

23

22%

23 Va

22%

23Va

Case

17% Jan

8

22

38% Jan

23

2nd

7%

Feb

14

21% Nov

8% Dec 28
43

Nov

11

70% Oct 25

80

14'/4 Oct

•;"i: 27% Jan

23

Nov

<1

43 *
(•

13% Jun ; 8
'7% Dec 31
54% Dec 18

if

no
:

Sep

•

Feb

14 J/4 Mar;

<27

Oct
" Oct

21
3

.16 % Apr

:

-

" Oct

21

20% Oct

4% Jan

3

*

1% Oct

22

75% May;

8

;

45% Oct

Oct a

1

49

Dec

21

108

V 22% Oct

1

-

94

~

5%

Central Illinois

4%%

Light

Pasco

Certain-Teed

7

3

-

49% Jan

4% Oct

21

4

23% Oct

23
21

69% Jan

h

20
9

28% Feb

1 '

24-% Jan

i

17

'

Oct

22

31% Apr 27

10

26

Oct

21

42

Oct

22

40

26% Jan>

29

26% Oct

12% Oct 21

31

3

•

55% May 28
21% Nov 21

71% Jan, 4

43

31% Feb
46% Feb

l

151/4 Oct 22

277/a Nov 19

1

21% Oct 22
20

35'/a Dec 20

43% Mar

Oct

•

Oct

22

22

23% Oct 22

5

11

39% Dec

20

54

23

Jan

73 % July 17

12% Jan 30

59%

60

V4

2,400

25 Va

25%

15,300

16

16 V4

*16 'A

16%

5

19%

19%

19%

19%

*19%

8%

9%

8%

9%

43'A

71.

71

15%

14%

15

14%

14%

44%

45

14%

43%

44

44 V4

44

44 Va

90%

90%

90 Va

90 Va

27%.

No par

~

in

37 Va

38%,

Jun

•

60
39

Jan

Nay

23
5

-

1271/4 Sep 20
15

!

98% Dec

-

•1

*

20

:

75

Dec

1

19

13% Nov 21
27% May 28
47

Dec

36% Der

3

34

27

Y 22%

-

•'

32%

31%-'

32

32%

31%

09%

32%

88

88

87%.,

87%

19%

87%

87

18%

88

18

88

18%

19

20

20

23

20 Va

25%

22%

19%

24%

20%

25

26%

26,400

24%

24

5%

26%

4%

4%

5

24Va
5%

24,300

1

1 25

4%

j

7

7 V'*

100

50%

92

91 Va

91%

*91

96

15

16 Va

15%,
*26%

16
28

27%,

28

r

15Va
*26%,

40,

28 %

Dellso

26%.

33 V'n

31

20%

21

22 Va

22

22%

25

26 Va

21%

22

23%

24%

23%

25 Va

29,500

25%

16

26 %

14

25V0

14

14

25%

14%

26,900

15

15

14%

15

*9%

10

37% Jan

64

7,

9

Chickasha

11

Chile

82% July 24

Cotton

a

par

*15 "a

par

'

Oil

1

100

Chicago Pneumatic Tool
Chicago Rock Isl & Pac RR__No
Chicago Yellow Cab
No

Mar 26

Jan

5

Co_

*9%

10%

25

49 %

49 %

25

Copper

Chrysler Corp

6t

Apr 24

22

Common
4%

6'i

68

8.50

93% Jan

7

Oct

22

Jan

22

Oct

21

Oct

23

61,

Oct

4

May

97

Oct

C I T Financial

21

34% Oct 22

175

44

Dec

14

100

Nov

29

26%

Oct"T

15 % Dec

31

Jan

*

9%

10

50

50

69%

69 rA

72%

26%

67%

*9%

52

25%

26%

25'/a

25%

82%

83%

82%

82%

33%

34%

34%

34

41%

41%

49%

49 Va

41%

42

10

47%

50%

48 Va

5

;

16

Electric Ilium

100
15

180

26%

*48

02

VClcvite Corporation

43,900

800
100

50

140

68%

69%

263,200

26

43

44

52%

11JA

76% Jun
43 % Mar

139
106

' Oct

25

Apr

17

Mar

9

8

27
26

83

45 :

Sep
Oct

Apr
Apr

4%

26%

25,600

36 Va

35%
15%

96%
43

180

*162

82

91

*79%
32%

34

90%

90%

90%

63

62

63

63
35

18%

19

r

59

'

;

50% Apr 2b
59'

57

>

Mar

No par
10

*775

44%

44V'a

No par

75

75

75

No par

14%

15%

14

No par

22%

23%

com

5%% preferred series B
50
Colorado Si Southern Ry com—100
4% noncumulative lit pfd_
100"

0

Apr 23

4%< noncumulative 2nd pfd

AY,; F

'

-

*61

34%

45%

126

-

44

*775

' \

45

,«■

18%

57

59%

56%

37 Va

36%

126

40

'

__

■

46%

4

101%

*775.
46%

320
20
40

18%

9,000

57%

20,800

37

■4,600

128

70

101'

8,100

36

*125

*65

70

100%

60
100

101%

7,600

*775

47%

46%

47

13,200

77

.14%

14

14

13%

14%

13%

13%

5,200

22%.

45%

*73

23%

23

24%

25

25 Va

24%

24%

48,500

45%

45%

45%

45V2

900

38

38%

1,160

>

*73

45%

45%

"38

30

38

38

38

38

49

49

*47

52

*47

52

-

*49

51

*48

50

*47

49

■

100

19%

37:

101

45%:

75

*34%

126

'

__

99 Va

34%

19 Va

36%

36%

'99%

*775
-

56%
126'

■

*60

98%

Co com
$3.50 preferred
:
Collins
Aikman Corp

-

57
35

128

*60

99%

98%

No par:

Colorado Fuel & Iron

4

It)

55%
34%
*125

'

*60

preferred_100v

•

50% Feb 28

24

2nd

(The)-—

CX>Igate<-Palmolive
"

17
2

Co

60%
36
128

-

82

33%

*61

55'A

82

10,600

11,700

180

90%

*34%

*126

100

16%
42

*162

32%

36

18%

2,700

97

41%

180

*79%

63

34%

No par;

15'/a
97

44

.

3,900

36%

90%

*34%
17%

45,800

32%

*61

,

36%

51 Va

11%
104

90

65%
19

36%

330

4,500
9,100

32
,

36

18

50

11%

84

34%
43%

97

*162

82

*79%

32 Va

90 Va

15%

,34 Va

,*101

36%

42%

180

,

12%

*96

,

■

42%

104

36

16%

96%

83
-

53 Va

12

*101

*34%

No par
com

Coca-Cola Interhat'l, Corp

17

17% Oct,
33% Jan

cumulative

Coca-Cola

July 15

12

Oct .21

*

Molybdenum
Cluett Peabody & Co
7% preferred —

/

8

114% May

25

% Oct 21

Clhnax

5

Jan;

Feb

22

12

52

11%
104

39%

30%

,

43%

-

83

34%

*61%

1

—

,91

83
34

96%

*79%

31%

91

com—

r

*101

16

26%

83%

34%

40%

:'162

30

preferred
No par
Cleveland & Pitts RR 7% gtd
50
Special guaranteed 4% stock
50

15%
*95%
38

*79%

$4.50

-

12

36%

1,6%
41

26

*82%

104

36

96%

,

*162

100

*101

37%

39%

15'

10%

104

*95%

preferred—100

Co—

12%

11%

5

.r

Ry Co com
noncumulative preferred

Cleveland

3

25% July 19

convertible

Equipment

5%

'

6

Jun

L.

77

-

*73

45%

45 Va

38%

38%

*47:

49;

.

77

50 r

*47

51

49

*47

130

49%

10
4

10

Columbia Broadcasting System—

13% Oct
71"

3

.

i"

20% Jun

Class

1^

17

78% Jan

11

Oct

22

48% Jan

-4

Oct

22

31'A Mar 18

21

34% May 17
52% May 14

Combustion

Engineering

Commercial

Credit

19% Jan

Commercial

Solvents

11

22

6;

Oct

22

33% Oct

44% Mar 19

22

92% July 22
4

,

8 % Mar 16,

Oct

4% Oct
9% Oct

4,
12

8

% Nov 15

Oct

22
16

4.64%

Conde

14

39%

J a 1.

8

23
24

26% Oct 22
22

25%

25%

26

24%

25%

19,700

23 Va

24%

24

24%

23%

14%

14Va

14%

151A

15%

15%

24%
15%

94,100

5

13%

14%

13%

14%

14 Va

15

15 %

36

15%

15%

*71""

"

Inc

Co

Nast

Consolidated

Vi

22

71

»A

71%

71%

71 %

8,900
190

35'A

36 »A

35%

36

7,900

28'A

27%

27%

6,700

23%

22%

22%

24,600

43 7 a

43%

43%

11,300

27

27%

27%

%

21%

21 %

22 %

23

43'A

42%

43%

43

12%

11

117b

11%

12%

35 3,a

37%

36%

37

94%

93

93

*91 Va

93

5'Va

4

5

4%

5

*5%

No par

4%

4%

9%

10

8%

9

_1

34 %

Corp_,

26%

71%

37%

10

Cigar

34

42%

21

4%

4%

35%

,

34%,

4%

9%

9%
8

9%

8%

8

%

12%

12%

12'/a

121/4

25,200

36.%

37

36%

37%

16,400

*91%

Vq

93

93

93

4%

.

4%

4%

10

9%

Va

8%

8%

34%

34%

18,700

35%

*70%

11'%

_No par

Inc—

.

44 %

*93

-

5

Publishing Co

Cohgoleum-Nairn

34%

37%

com_—25

Cone Mills Corp—

7

71

34
26

43%

1

——

Edison

71

35

27%

20

1
10

Co

72

34%
27

No par

Co

cumulative- preferred—100

35%

34%

5%

5

4%

200

5%

4,200
6,400

4%

35

9%

7,700

8%

8%

4%

9%

10

8%

9,100

*35

38

2,700

"

-18

Jan

45% Jan
107

Jan

10%

10%

-

10 "4

com—No par

41%

42%

40%

.41%

preferred
No par
Electrodynamics Corp
50c

97%

98

97 Va

98

96%

29

30!5o

26%

29%

27%

20Tit

20

-20%

20%

15Va

15

15 Va

15

13%

12

12 %

12'A

Consolidated

10

Coppermine,s

Consol Edison

3

$5

23

of N

54% Jun

19

23

Consol Electronics

Y

Corp—5

Consoi

35 % Jan

Industries

'

20%

1

•10

10
.

10%

10

10%

9%

10

16,500

40%

41

41 Va

41%

41%

41%

27,700

97%

96

96%

96%

97%,

29%

28%

28%

25%

28

21 %

20%

21V4

20%

20%

15'%

14%

15

14%

15

7,600

12%

12%

13

*12%

13

3,500

%

2,400
18,100

9,400

"

14% Feb

21

16% Sep

19

Consolidated

Foods

12

Oct

22

16

Apr

15

Consolidated

Gas

15

9

24%

24

14 Va

Comptometer Corp

17

Jan

96

Oct

6% Jan
14% Jan

40% Oct

20,

22

17,

49% Mar 22

MaVli

Commonwealth

1

10% Apr

24%

22%

15%

No par

Columbus & Southern Ohio Elec—5

14

21

34% July 22
9% Oct 24
Oct

$4.25 preferred
Carbon

Columbian

11

Feb

22^

23 y4 Mar 19

110% July 17

42% Mar
104

23%

23%

14%

No par

Oct

20% Sep
42% Oct

13

21% Mar 20

24%

23 %

'

—2.50

-

34

31% Dec 18

23%

2.50

(—

B

Columbia Gas System Inc
Columbia Pictures common

j

21

I

Class A

,

Y

26

Apr 12
36% Mar 22

18% May

9%
.52

65%

33%
41%

C C C & St Louis

14

40% May

4%%

Clark

43% May 20

13

Oct

36%

/

25

71% Feb

13% Oct

58

;

64 Va

No par

Corp

City Investing Co common
6% % preferred—1

2

Jan

104

27

38

42

>

May 10

83

87% Sep
70

4

'30'/2 Mar 26
16% Dec 27

10'A
50

10

Cities Service'Co

25-

67% July

41

Jan

*9%.
*46

100

preferred

Cincinnati Milling Mach Co

18% May 31
103

73

18

1,200

7,300

9

22% Jan

32

20,100

21

26

100

6,100

3114

34,400

Jun

123 % Jun
.1

2

9

16,700

27%

24i/a

5

10% Jan'

15%
28

26V4

.

24

Mar

101% Dec

200

20

Jaii""*9

Jan

32

151/4
*26%

96

21%

800 ,,;
49

84% Jan

28%

32,

32%

16
28

100

38,100

20%

71

55% Oct

-

5

v

15%
28

9,000

53%

16%

14% Oct

Dec

32

*91 Va

27%

,

-

52V4

96

14%

21

49

4% Nov 23

32

54%

*91%

i

13

15

27

53%

•

8,500

71/2
24

47%

17

•

13% Dec 31

28 Va

28%

32 Vs

53

*7Vu
*23%

16Va

17% Aug 16
26% Jan
3

3

51%-.

51/4

7%
24

-110

13%

36% May 19

Dec

*26%

26

50

23%

4,700

46

35% May 15",
18
Jan
8

8

'

16%

24

5%

7%

*23%

49

92

com__No~par

5%

7%
23%

24

52%

32%

17%

22

20

5%

7

24%

47%

32%

25

22

Nov 29

7

24%

,

Va

24 y4

22% Oct

38% Dec

32
*

25%

23-% Oct

100

6%

Va

23%

Jun

49

54

'/

23 %

19

.

■

31%

21%:

19

1

2,400

25

34 y4 Dec

16% Nov 21

51%

22 Va

34% Dec

44% Oct

50%

14%

28

24% Sep 25

53

46 Va

28

28% Nov 23

17,200

50 Va

13%

Jun

15% May 28
17% Dec 31
78
Aug 23
44% Nov 20

1%

45%

22% Jun

•

9,000

1%

*16%

47

f>1% Mar 12;

v

23%

2

23 Va

17 V*

12

66% Apr
9
59% Feb 16

•

Nov 30
Dec

21%

1%

13%

4

17% Oct 21

35% Deo 10
50% July 30

11

50

...

62y8
94%

13,600

22%

•

%

*87%

___i

pfd__

31.

34% Oct 24

3

23'% Jan

8 Va

•

2

49

45%

50% Jan

800'

40% Nov 29

24

1%
40

12%

94% Jan

90;

.5

r.'t-

25,100

8

16 Va

30

30

k

10

131% Mar

28 Va

8%

44

11

80

6

Jan

27%

8

16%

21

38

15

Jan

*

125

3,000

29%

8V0

22%

400

8 Vb

27;.

27%

8

1%

17,500

18

*7%

12%

22

166% Aug 22

78% Aug 15
50% Jan 13
141

Nov

100

r

13

24% Jan

%

48

*17

8%

43%

47% Oct

80% Mar 26

8

26
:

17Va

"7Va

15'A

39% Feb

May 28

Jan

1%
46 Va

*17

8

12'/a

33% Oct

Jan3

45

22

2

46

18

8

-

4,900

,

43

82 % Oct

75% July 18

.

•

•>8%

21'A

•

*17,

25%

8

v

No par'
No par

9

18

: t-

22

1%
46

:

8

24%

8%

21

1

20 Va Apr

391/2 Dec 19

i

27%

8

25

Jan

38%

37%

17'

15% Oct

43% Jun

37%

35%

17

37

111

6,100

17 Va

*101

.

3,600

19

19

—100

;

170

271/4

18%

27%

18%

No par

26

91%

27

27 ;

19 VA,

City Products Corp
City Stores Co common

26

912

92

27%

:• '<

Dec

1,400

18%

2

971/2 Dec 31

7,500

44%

27%

4

34 y4 Jan

14%

18%

Co—i

;

14%
44%

36

_i

preferred-

*91

200

14%

44%

27%

7%.

11,900

701/4

17%

8%

9%
42

70%

34%

25%

j

9

3,300

41%

20%

8

5

_

9V4

600

19

74

17 %

9 50

_

Va

19

43

*70%

37%

No par

_

43

;

17

46% Jun

70

j

28

•

36

5

-

90%

27%

I50

-

•43%

*90

23

Jan

9

42 %

74

23

103

74

43

15

10% Oct

89% Nov 30

43

*70V'4

19%
'

*71

35% Oct

196

8%

*42%

19i/o

9'

100

Ijq

—

{

19%

par

Corp——

111 RR

|

No par

lOOVa Sep

109

90

60

20% Mar 29

20

900

51,200

26%

42% Jun 29
23 Va Jan . 3

16

■

12V4

25

,104'/a Jari 18

Oct

90 Va
104

59

2

Nov

104

16

9

93

12

105

'

59%

Jan

46% May 24

90%

12%

.

t

25%

Nov

185

105

16

30

171/2 Dec 27

90Va

12',

;•

23%

102

'

90

11%
105

17%

23% Sep

r

.

11%
*103Va

520

Cincinnati Gas & Electric—

29% July 10
102% Apr
4
55% July 10
47% Jan
6

3

27,400

13', it

491/4 Oct 21

3

69 Va

47 Vi

69% Mar

Dec

67%

15%

9

24% Oct 25

70%

12%

51% Feb

371/4 Jan

Class A

10,500

69%

.

58%

100

convertible

;

,

59%

5%

101

45%

22

87

11%
" 103

Va

5'/4

13 Va

101

10o

12% Jan

21

59

5%

No par

10

Oct

10%
103

59%

101

5%

No par

23

64

11%
105 %

a

591

14

100 %

Chic & North Western com
5%■ preferred series A

9% Oct

3

11

105 %

55,300

13V4

Va

5'A

101

.

5%

16%

Oliic Great Western
Ry com
5% pi'eferred.
:

29
43% Apr 29
29% May 10

13% Jan

Jan

90

*88%

13%

3,000

34% Apr

14% May 22
12% Oct 26
87

70

90

90

13%

15,000

23%

21,500

Chic Milw St Paul & Pac
5% series A noncum

5

1

68%

90

68 %

12 Va

101.

:

80

19V«
24V4

20% July 25
61% Jan 14

4

Jun

69%

67%
*88 Va

13'A
101

37

39%

24%.

-

Mar 15

10% Jan

1

3% %

t

July 25

12 % Nov
60

25

36 Va

39%
*19

16%

—

Chicago & East

30% Mar 11
'

24V/a

5J/4

Chesapeake Corp of Va_.
I. ,T~"s
Chesapeake fz Ohio Ry common
25

"

9.

23% Jan

23%

67%

Chemway Corp

9

110% Jan
:

50
Apr 27
41% Jan
6:

-

■

/ 16% Nov

15

16

19%

,

5%

Manufacturing

9% Feb 18

91% Oct 22

109% Nov 215

36% Dec 28
35% Dec 31

'

6% Oct 22

39%

19

19%
22%

23%

$4.50 preferred
:
Champlin Oil '& Refining Co
Chance Vought Aircraft Inc
Checker Cab

-

31% Jan /4

47% Oct

39 Va

19 %

39%

18%

%

16%

Pi'otiucts Corp

Common

,

,

10% Mar 28

10'/a Apr 13
44% July 19

37%

39%

18%
21%

*39

20%

5 Va

Aircraft Cn_i
Chadbourn Gotham Inc___IIII~I

24

69% Nov 21

3

20% Oct

.

10

53% Jan
96'/4 Jan

:

12 y2 May

22

G% Nov 28
29% Nov 29

'

!

Jan

11

Oct

36^8

39%

40

12%

Chain Belt Co_,

99% Jan 29
3iy4 May 2

18

6,500

99-%

Cessna
•'

9

20% Oct

27% Apr
5 ■'*
45% Dec 12

-"31% May 24

53V4

5%

Central Illinois Public Service"
Central RR Co of N JCentral & South West
Corp.
Central Violeta Sugar Co

3% Jan 11.'

Jan

51

36 %

101%

preferred

2

38

24

52%

34%

25%

com

10.

31% Oct 22

51%

34%

101

D

11% Jan

86% Jun

7 "

52

33%

16%

com

preferred series

Cerro tie

Feb

49

34

24 Va

Century Industries Co—

Aug- 9

49

13,200

Zl

Champion Paper & Fibre
* 34 -

46%

231/2

IIIIII20

,

8

69% Jan

23

21%

100

8;

/

23%

19%

No par

com

43% Jan

11

;
-

23 V*

100

59% Jan
-

23'/4

10

Central Hudson Gas & Elec—No

May 20

9% Jan

380

22%

50

13%

2nd preferred

Central

22% Jan 10
-

11

8

?
-■

'

93%

*39

1

Aguirre Sugar Co

7

43 Va May 22

1

7 :i." Aug 20
24% Oct 22

7

77% July 19

361

93%

13

__

Foundry Co
of Georgia
Ry

July 29

31% May 14.
*

94

7

Central

56% Apr
1.
100% Jan 11

24

17

14Aug 17
/ 45% Dec 56

2% Sep 28
54% Jan
9

22

20

34% Jan

July 24
Aug
9

.

19% Nov 28

28

43% Oct
88 % Jun

•.

1

41% July 27

>

13

27V4 Feb

Aug 14

351

i.

*

1

23

93 Va

__loo

;

Central

1

'

19

Oct

a,

17i/a Mar 22

93%

33%

4-% % conv preferred series A.100
Celotex Corp common1
5% preferred

*

18

16% Jun

61

~

Jan

93 %

23

-

13% May 22
54 c July 29

371/2 Apr:"8

113 •

33

23

.

12

16

32

3

13

31

^

25

57% Apr

98 y4 Dec
•

Oct

814 Jan

86% Jun

16

51% Jan

,

19

9

81 »/4 Feb'

-15% Oct

■■■

16

121/4 Mar 16

28

94

22%

12.50

Celanese Corp-of Amer
i

94

22 %

45%

Zl

preferred

5,800

96

22%

50
_

—

Tractor common

preferred

*94

10

Corp

Inc

7% preferred—-

/

,

:

;

—

"17

III

(J I) Co-common

4.20%

18% Feb 28

Oct

common

Products

6VuVa

8

Jan

Corp

Caterpillar

•

109% Aug 20 /

23 % Oct

22

10%
28%

100% Mar 13

70

Shares

11%

14:

16 <

3

Jun

.

the Week

Oct. 25

23%

,

88% Oct

Friday

Oct. 24

,

32%

Carter

9

110% Jan

Sales far

Thursday
e

,

30%

6

11

Oct. 23

21%

4%% preferred
Carriers & General

.

18% Jun 19

66%' Oct

1

SALS prices

Wednesday

Oct. 22

5

24.

99% Oct

Inc

HIGH

Tuesday

Oet. 21

10%

Carrier

Apr 26

22

,10% Oct

Monday
par

Mfg Co
10
Carolina Clinehfield & Ohio
Ry_100
Carolina Power & Light'.
No par
Carpenter Steel Co__L
:
5

o

22

5

Jan

AND

stock

Carborundum (The) Co__

747/a July 16
65% Jan 111

Aug 15

.21% Jan -'3

.

64.% Dec

.i

105

18% Oct 22

juiyTa

new york

•

Carey (Philip)

12% Oct

5

.

! 94 \

22

45% Oct

119 % Jan ,'9

'

H

Oct

'

Capital Airlines

1

21% Oct

21

55 % Jan

26% Jan

22% Oct

24% Aug 16

28~

100

21

93 % Oct

~

May

•

exchange

28iA Oct 22.

9

62% May 16
53% Jan 26

19

;ll%

•

Highest

21

Aug 17

2
65% Dec 31

9

20.14 Jari

10% Oct

27% Apr

49'% Nov 20
Nov

1

.

29'/a Mar 20
121

22% Nov 29
40% Feb 29
43

Lowest

411% Feb

4

Range Since Jan. 1

<

Highest

Aug 19

17

Mar 28

Corp

1.33%

15%

1

12%

Utilities

..

<.

15

Dec

28

34% Jan

10

23

21 % Apr, 10
43% July 25

Consolidated

Laundries

36% Oct

22

49% Jun

14

Consolidated

Natural

44

22% Oct

22

58

23

Consol RR of Cuba

Jan

19

43% Dec

18

92

Dec

19

112

3

89.

Jun

93

4

Dec

101% Jan

23

18

109% Feb;

1

87

Oct

25

82% Dec

101% Jan

22

31

103% Jan

4

81

Aug

Nov 26

51% Mai 13

42

-18% Dec 28
88

Dec

19

28% Nov 28
99
»

•,

Dec 31

>39% Feb 10
1 83

1J? '

Dec
rw,.

27

23

Sep 18

104-.Jan
36% Jan

22

22

6

16% Oct 22

11/

85'

„

Jun

24

27

18

106% Jsn< 20

Oct
Oct

Jan,

Oct

22

92% Sep

12

Jan

49% Jan

94
Apr 24
33% Ma j
3

105

Mar 29

3

38

Oct

22

48•

Jan

4

5'

79% Oct

1G

92 % Feb

15

5

page

28

106

Oct

22

$4.50

pfd

com

'

No par-

/—1
;
1

preferred
No
preferred;
No
preferred
No
Container Corp of America—

15%

15%

15%

15%

15%

37

37

38

37%

38

23%

22%,

24

23

24

24

24

43%

42

42

42'/a

42 Vi

43%

5/64

7/64
90:

V«

9/64

42%,
-

^—

15%
36%

*21

100

15','2
37'Vt

•'

5/64

90

89%

par

%

90

{
//

89%

par

$4.16

par

*83%

85%

*83 %

—_5

16%

17%

16%

Common

>

^

90

J9*4

43

■-

-6/64
90

90

118

Mar 12

4%

preferred ;
Baking Co

$5.50 preferred
Continental Can Inc
$3.75 preferred
$4.50 conv 2nd

86-

IOO

—

Continental

common

common

la

No par

*94

preferred-

IOO

-

39%

80%
107

85

-

28-

5

No par

-

28

95%
405a

80%
107

*82
27

-

89%

90

15%
38

*22%

•"

15%

4,700

.

381/4

4,800

24%

•

1,100

42%
*

43%

12,000

5/64

7/64

1,436,900

90

91

90

*89%-

90%

88%

89%

87

*83%

85%

*83 Va

85%

83%

83%

16%

17 Va

16%

17 Va

16%

17%

i

.

88%

85%
-17

'

56% Aug
102% Mar

see

rights

15%
37

5
10

$4.52

9

117<v

 For footnotes


Common

95 % Mar 27

20% Apr

6%

Consumers Power Co

14

?e Oct 17

Corp

Gas

85

*82

•

85

*82

85

770
250

Y

30

16,200
'

*82

85

140

27

27'A

27

27

11,700

951/2

96

96%

96

27%

27%

28 V4

95

95

97 '•

38

39%

39

40%

39%

40%

38%

Va
40%

80 Va

81

80

80

79%

80

80

80

310

106

*107

109

107%

*107

109

400

*94

106

'

107%

170

22,500

,.L

The Commercial and Financial Chronicle

20

.

.

.

Monday, October 28, 1957

(1856)

—

NEW YORK STOCK EXCHANGE STOCK RECORD
tear lUott

2

10%

10%

10%

9%

25

*20%

21 %

20%

Continental Insurance

5

41

40%

20%
41%

*20%

40%

Continental

1

5%

5%

5%

5%

12% Feb

14

16% Oct 23

9% Oct

22

15% Jan

7

Industries

22% Feb

15

28% Oct

1»

20% Oct

22

26% Jan

7

5%

Sep

20

0
11

24

6

68% Apx
9% Jon

40% Oct

5% Dec

5% Oct

22

Oct

21

34% Jun

1

45% Nov 10

30i% Oct

22

43% July 25

19% Oct

22

37

43

47

Dec

23

52% Oct 21

79% July 11

14% Oct

27% Jan

87% Apr

57% Feb

13

Oct

22

89

22

96 % May

99

5

Jan

30

5% Sep

5

Feb

28

32 % Apr

11

8

4

Oct

18

6% Jan

2

May 29
42% Mar 20

2

Oct

4

2% Jan

3

22

Oct

7

75

Aug 29

6% Jan
3

4

18

28% Oct

22

30% Jan

>

26% Oct

22

14% Dec

19

16

Deo

4

14

Jan

31

11% Dec

11

28
35% Feb 23

23% Jun

3

40% Oct

2

85

Oct

22

23% July 20
25% Dec 26

17

79

-

28 % Dec

97% Mar

7

69% Apr

91

Dec

27

14

Jan

104

13

Feb

,

0
4

Crown

5

22

58% July 11

Crown

17 s/8 Oct

Oct

38% Jan

Cuba

55% Oct 22
23

■31% Dec

28

29% Oct

15

6% Jan

3

7% Jan

18

131/4 May

53% Feb

9

52% Oct

9

12

593/4 Jun

19% Dec

20

9% Sep 14
63% July 19
21
Nov 19

19% Jan

17

22

Jun

t23

49% NOV 28

29% Oct

473/eJan

33% Feb

14

49% NOV 28

32% Oct

22
25

Jan

11
11

Oct

1

NO? It

38j/2 Oct

11

64% Jan

14

63

47% Oct

60

Feb 24

4% July 18
12% Dec 27

17% Mar 19
6% May 21
17% May 21

8% Oct

22

30% Dec

Dec

96

21

11% Dec 31

May 16
44% Jan 24

50
96

76% Dec 19
83

Dec

99

20% Jun

8

18

13 Va Apr
49 Va Apr
86
Mar

Dayton

3.75%

Records
Co

7%

41% Feb 25

51% Mnv 15

Delaware

16% Oct

26% Anr

Delta

48 Vi

14% Feb

9

24% Dec

18

4.200
5,000

25%

25%

25 %

25 3a

26%

27

27

43

44%

40%

43%

43%

44 3A

44%

44%

85

85%

17%

18%

19%

13%

17%

18%

9

43% Dec

13

37

40

32
Apr 11
43% Jan 81

Dec

May

35

20

21

1

9%

10

9%

No par
No par

*55%

57

*55%

9%
56%

*55

20%

20 %

20%

20 Va

20 Va

20 Va

1

29%

31%

29%

30

29%

31

33

333/4

32%

33

33

33

39%

39%

38%

42

40%

423/4 '

40%

43

40%

41%

41%

44

1
100

Jan

31

57% Jan

2

17

29% Jun

13

19

18% Oct

22

25% Jun

Lines

Vilbiss

Diamond

Alkali

14

11% Jan 14
14% Jun

12

Dome

72% May 28
18% Dec
3

10

91

Jan

14

Oct

21

24% Jan

29

Oct

22

68% Jun

17

1

10% Jun

14

12% May 23

9% Aug 20

6% Oct

1

11% Jan

6 % Oct

17

21

15

Jan

237

Apr

8

28

121% Feb

6

99

83% Dec

26

99% Jan

3

33

20

38% July 12

78% July 24
30% Oct 23

Jan

39

Dec

28

50

44

Dec

11

53% Mar

43

Deo

4b

Dei

6

44% Dec

19

47

NOV

14

14% Jun

S

18

Feb

100% Oct 21
Jun

18

40

29

40

52% Jan

12

40

54

Feb

24

41

11

14

Oct

14'A

14%

14%

15Va

14%

14%

19,600

28 >/«

27 %

27%

27 Vi

27%

35,500

27

27

27

27

27

27%

27

27

21%

22

21%

22%

22%

23%

22%

22%

9Va

9%

9%

8%

9%

16%

47% Jan

11

29

49

Jan

24

2

50

Jan

31

1

48% JaD

29

l

50

9%

9

9Va

44%

44li

16%

18%

17%

18%

33 Va

35-%

36

38%

37%

35%

36%

35%

11%

,

.36%.

-

*57Va

00

"

*57 Va

00

10%

42 Vi

41

41

39%

*30

39%

36%

37%

42

37 % '

11%

U%

42

42

28)100

42

,

,

*30

31

19

19

14

14

13%

14

24 Va

24%

23'/a

23 Va

10 Va

10%

lOVa

10%

60

*36

39%
29%

...
,

9.700

33 Va
.

27,100
1.80C

39%
34

29%

29%

.7,800
400

*2934

29

29%

19

19%

18%

19%

2,500

13%

14

13%

14 Va

14%

14 Va

6,600

233i

.

30%.

19%
25 3 b

25

26

24%

25

10%

19

30 Va

19'A

30 Va

18%

;

12Vi

10,800

26^400

•

1

37%

*57 %

12

29%

*29%

8,600
«•!

18%

373b

60

*30

39 T'g

7,200

15,700

,

45.

45
17%

-36

42

11%

-

30

-

900

*57 Va

41 Vi

>/4

18%

37

60

10%

10%

,

-18

.

/

45

45

45

41

29%

10%

10%

10%

10

11

*29%

-

Va

7,700

Va

4,700

2.400

9%

9%

9%

8%

11%

11%

11-%

11 Va

11%

113/4

11 Va

11%

11%

11%

9,200

60%

58 Va

00'/a

58%

60%

60

63V4

59 %

60%

36,400

12

14

12'A

12%

13 Vi

14

14

14 Va

14^

14 %

49%

50%

49

50%

51 Vi

52 Va

51%

52%

51%

53

51,900

*51%

52%

*51 %

35,700

9%

9%

9Vi

9

9%

*49%

49%

38%

40%

37Vi.

39%

38%

17%

I6V2

16%

17

17%

1

*9%

10%

*10

10 F4

10

10

par

6%

7%

6

6%

6

%

38%

17%

17%

17%

10%

*10%

10%

.100

6%

6%

6 V2

10,000

172%

168%

170%

35,600

99 %

99 %

6%

6%

164 Va

40%

52%
40 %

17%

39%

16%

09% 100
80%
00%
31%
32%
38
38
44
44

.10
50
50
50

*39%
*48
42%
*44
*14%

50
50
—50
5

165

161

160% 167

171%

40%
50

99%

80%

80

31 Va

30%

99%

80

30%

170

99%

Vi

100

99%
80

*37%
*41

45

*40

41

*48

50

*41
.

100 V

a

4.000

3,000

400

/.*40,
46%

81

*80

80%

,

31%

32 Vi

>31%

32

20,200

37%

*37%

39 Va

*37%

39%

45

37'%

38

7,400

40

52%

*49%

Va

9

*10%

*52 Va

50

1

5

21

25

8%

30

DWG Cigar Corp

Jan

49% Jan

12,000

16%

15%

29%

No par

45

90
30

27%

30%

No par

2

16%

17 Vi

90

.

-■

15'/a
14%

Va

30

Preferred $3.50 series

37% Apr

16%

,

4,200
.

28 »/a

14%

16'%

34%

Preferred $4.50 series

1

10

July

17% Jan

78

33%

Common

18

78

.

33%

Mar 27

22

July
July

Feb

80

(E I) & Co—

Jan

Oct

54

*78

32

July 16

89% Feb

25

80

32 Va

110

Aug 27

52% Jan

de Nem

Por

16% Jan

Jun

41

74

13,200

58%

No

24

37

6

*72

'

Duquesne Light Co common
$3.75 preferred
$4.15 preferred
4%
preferred
4.20% preferred
1
4.109&
preferred
$2.10 preferred

27

73

38

*36

206

27

72

,2

^

Duplan Corp

6

du

102% Dec

74

39%

Drewitys Limited USA Die
Dunhill International

9

9% Aug

175% Nov 29

78

50c

Dresser Industries

12

22

76

36 Va

....

57% May 13

1R% Oct

3

78

31 Va

;

issued

19% May

37 %

21% Feb

78

*78

5

Ltd

Mines

When

Oct~22

50% Dec 31

78 Vi

l

Douglas Aircraft Co
Dover Corp
Dow Chemical Co

16% Nov 23

78%

No par

Dr Pepper Co

22

44% Nov 20

40%

r

No par

25

•

32%

40%

42%

10%
'42

2,500

12

*11%

12

32

34%

No par

8% Oct
11% Oct

50% Oct
49

*11 Va

25

Corp

16% Mar 21

6

3%

33 Va

Corp

95% Sep

82% July

3%

31%

Distillers Corp-Seagrams Ltd

13 'A July

12

3%

1

14

34 Va Jan

14

3%

3%

50c

15% Jan

23% Dec 21

9

2

17

•_

25,800

8%

X 7 Va

*57%"

5,200

88

*83

9

*36

Car Co

22

9

44%

45%
88

8%

1

20

Divco-Wayne

44%

45 Vi

*83

9

10%

*42

lo

9% Apr

5

5,200

79%

0%

2

Co

Motor

T

Stores

42

40%

22%

cumulative preferred

$1.50

Diamond

42

33'A

21%

Diamond Match common

5

43

32 Vi

27

15

1,600

42

2,600

100,800

40%,

27

Raynolds class A

33 Vi

41%
79 Va

14

Co

Devoe

31

32 Vi

40 Va

27

.1

20%

303a

33

40 Va

14-%

Corp

*20%

31%

33

40

28 Vi

20

20 %

30%

32

14%

13% Sep

Apr

20 %

42

15%

100

33,300

10

56

12

27%

3

9%
*55

*11%

It)

Light Ccl—13.50

200

7,200

29%

x31 Va

*78

Inc

*29

10%

12,900

6%

6%

6%

5,900

!

6

57%

*55%

31%

40

50

5%

.;

12

7

No par

18

-17%

-y

.1,230

V,

27 Va

50c

23% Oct

13

3 %

18

..

11 Va

50c

0

Dec

3%

3%
*
°

34

r

39% Mar

Jan 10

12

30

Western

12% Nov 29

JJ7

*11 Va

l

16% Feb 28

7

3%

4

8%

-

56

*55

88

*83

■;

-■

30

9%

56%

9

8%

10 Va

9%

88

*83

88

100

Diana

May 25

10

9%

2.50
20
10

13% Aug 27

3

9

De

July

23 % Oct

29

*83

5

.■

,

6

573A

CVa
*293/8

6

*29

3

59 Va

35% Jan

9

6%

29%

6%
29%

,18

."!<

18%.,

•5%

6 Va

20
&

; ,133,600

20

19%

.

500

86

"

18

*553-4

29%

A

18

6

6%

Detroit Steel

17% Jun
13% Jan

<

18%

30%

2

31% Nov 23

29% Nov

57

6%

common

203/4

17%

5,000

21,600

44%

*88 Vi

19%

8,900

27

43%

86

*85

57

5%

5%
55%

*29%

Hillsdale & S W RR CO—100

31% Nov 27
15

17%

18'A

5%
55%

2.50

Edison

25

17%

5%
57 %

*54

Detroit

37% Mar 13
34
Mar 29

Oct

16%
V: 17

181/2

'

5%

5

Detroit

60% Aug It
44% Apr
9

29

18

10

100

Denv <te Rio Grande West RR-No par

July 17

39

1

86

85

■

-

*26%

■

22% Jan

31% Oct 22

87%
18

41% May 21
Jan 23

21

Jan

5

18%

Inc

Power &

Air

100

12 Va

65

10%,Oct 22

26% Feb

18

." '

14%

'

July2t

..

28%

common

Delaware Lack

8% Oct 25

76

*75

12

preferred

25% Apr 27

18,000

14%

100

Dayton Rubber Co—&

800

5,100

2

23%

28%

*78

3

2

,

12%

80

6
1

41/4

22%

I

39,900

18 Va

15%

Delaware fy Hudson

11

75

77

28% Apr 25
25 Va Jan
7

23

75

*78

22

22

77

*74

21% Oct

58% Oct

*71

75

80

31% May 18

33% Oct

23%

210

149

,

*4

2%

22%

2

22%

75

11
18

35% Oct

*71

75

*71

4%
>2

2

23

24%

10

150

20,000

30%

17%

4'A

23%

2

2
22

2

2

75

27% Oct

14

4%

4%

148

18%

18

20,000

75%

29%

149

149

4%

73%

30'A

30 Va

17%

"4

•f

79%

70%

147

16

4

*78

26% Jun

20

16%

15%

30%

146 %

146%

100

6

Jan

29%

100

Deere

May 14

30

C

Decca

79

29%

29%

B

19% July 22

38% Dec

82

30%

15%

4.600

■

78

*79%

series

23% Jan

48

*76

series

3

7

78

82

3.90%

Apr

35% Feb

Nov

*76

*79%

146%

•

300
■

15%

*79%

81

23%

15%

82

76

80

4

16%

-

76

72%

74

17%

10

57

76%

71%

82 %

148

53

*52

72%

73%

16%

*50%

56

15%

78

147

12,400

26

53

54%

15

15%

3.75%

22
2

64

14%

82%

72%

25%

*50 %

76

16

Preferred

14% Oct

33% Jun 25

54%

Preferred

19

38% Jan 23

53

*51%

5

Oct 24
Jun

21

52%

17

series

34% Jan

47

♦50%

56

27%

pfd

Light

<fc

Power

S

8!

50%

'-51%

15

common

8

36% Jun

24%

50%

'

3,200

12 Va

Inc

27% Dec

10

27%

*76

10

23% Oct

18 % Sep

26%

26%

24%

23%

25%
53

5

32% May
31 Va Feb

26% May 28

24,600

Feb 27

80
88

72

13% Jan

18%

74

75

Sep 29
16% Mar 12

18

27%

Sugar

Mills

Preferred

4

19'A

12%

Daystrom Inc

15

18%

15'A

convertible preferred

5%

1

Aug

18%

America—12.50

of

Co

Davega Stores Corp

3

47

75% May 31

29

12% Dec

17

17%

28

Corp common
preferred series A

1

Feb

12

24

34,700

18%

1

River

6

95% Mar

Sep 27

81

Dan

22%

17%

11%

33A%

9

03A Feb 27

3% Oct

11% Oct

27% Oct 22
40
Oct 21

3
Nov 16
Jan
4

Dana

1

21%

15

Cutler-Hammer Inc

12% Jan

22

33

23%

27

Class A

86 3A Mar

79% Jan

79

33

22%

*86

$4 prior preferred
Prior preferred $1.60
Curtis-Wright common

July 12

61

40% Oct 21
7

06% NOV 23

1

47

471/2

33%

23%

14%

Cunningham Drug Stores Inc
Curtis Publishing common

4

20% Jan

48'A
*32%

50

33

22%

No par

—

noncum

Cuban-American

8
5

6

49%

31

12%
25%

Cuneo Press Inc

Oct

13

48

21%

27%

6

3

Feb

48%
32%

19%

11%

28

10% Jan
40

48'A

300

6,900

33,200
28,100

14%

Feb

10

6%

26%

331/2 Jan

26

6Va

15'A

Cudahy Packing Co common
4'/2%
preferred
i
4

Dec

6%

123A

2

7% Nov

65

6V4

27%

2

84 % Aug

6%

12%

Jan

11

14% May

7% Jan

211/4
401/2

14%

65 'A Jan

10

>: =

preferred
6%

40 3 a

27%

Zelierbach Corp common

RR

*20%

41%

No par

preferred

Crucible Steel

17
30% Apr 25

17.% Oct 11
a % Oct 21

20

16

32Va Apr

22

7

18

20%

2
_1

Cork & Seal common

$4.20

Feb

100

20%
40%

2.50

(The)

Crescent Corp
$2

21%
41

40%

15,000

10%

47%

15%

100

;

10%

30 %

52%

25

preferred

of Wheat Corp

Cream

16% July 23
31 % Feb 18

16% Oct 22
14% May 28

Aug

3%%

Mar 14

30

11% Mar 27

18% Feb

50% Nov 23

86

10%

34%

24

1

Crane Co common

36% Apr 22

22

Dec
Dec

33

4

May 17

25

10%

21%
18%

*50%

5
100
preferred series of 1947-100
Corn Products Refining cominon_10
7%
preferred
i—100
Cosden Petroleum Corp
1
Coty Inc
1
Coty International Corp—
1

24

Mar

164

July 18
15% Oct 22

23% Aug 27

10%

48

17%

3%%

2

Shares

Oct. 25

Oct. 24

20%

Corning Glass Works common
3% %
preferred

3

Jan

Dubilier Electric Corp-

Cornell

14

the Week

Friday

Thursday

31%

14
-5
5
5
50
50

preferred

convertible

6%

9%

6%

47

5

Delaware

Corp

Copper weld Steel Co common
5% convertible preferred

106% July 11

145

25

2% Dec

Oct

80

5

180*4 Mai

7

Oct

74

32% Feb 24

27% Jan 20
152 % Dec
20

9
19
25

Jar»

99

22

of

Cooper-Bessemer Corp

40% July 11
54% July 25

13

Motors

Copper Range Co

23% Oct 22
49% May 21

Dec

preferred

Continental Steel

8

43% Jan

22

common

convertible

Continental Oil

14

26

94% Jun

19

May 15

40% Mar 12

0

Dec

70% Jun

31

Jan

60

60% Nov 29
89

14

62

Apr
Dec

17% Oct

3

Jun

9

33 % Dec

20
54% Jan 31
23

Mar 20

70

20

24% Jan

41

49 y2

54% May

Oct. 23

Steel—

galea fa*

PRICES

Wednesday

Oct. 22

Oct. H

Pflf

EXCHANGE

Continental Copper &

HIGH SALE

AND

Tuesday

Monday

NEW YORK STOCK

Range Since Jan. 1
Lowest
Highest

Highest

Lowest

LOW

STOCKS

Range for Previous

*41

45

*41

45

10

41%

*40

41'/a

40

40

100

48

*45

48

48

48

120

*80

•31%

•

'

100

90

42%

*41%

42%

*41%

42%

48

*43

48

*43

48

*44

48

14 Va

14%

*14

14%

14

14Va

31
29%

30%

30%

30%

30%

31%

32

27%

29

28 Vi

293/8

28%

293/4

18

18%

19Vi

19%

18 Va

191/a

*18%

19%

2,400

43
48
14%

*40

42%

*43

42%

1,300

14%

14%

30%

31%

4,500

29

29%

39,700

E
30% Feb

17

43 % Feb

14

57% Aug

20 V« Nov

28

37 % Apr

48% Deo

B

30% Oct

8

27

Oct

11

51% Jan

4

Eastern

19

18

Oct

22

30%

3

Eastern

Am

25% Oct

29% Jan

23

75% Jan

23

150

Dec

18

51% Jan

23

22% Nov

30

74

Dec

17

36% Nov 26
90

Noi

15

54% Dec 17
100% July 17
170
Apr 12
66
Oct 29
30

Jan

3

94

Jan

10

50

Jan

8
May 16

106

22

42% Juiy 15

74% Jun

28

81j-,

27 % Oct

21

81% Feb

13

144

14

74% Sep
23% Oct

81% Apr

82

23

Aug

22

40

6

21% Dec

18

41% Jan

9

28

4% Jar

3

3% Jan

2

32% Dec

14

34

Nov 20

26% Oct

Deo

27

29% Dec

27

17% Mar 30
31% Dec 28

24

Oct

Electric Storage

7% Oct

21

14% Jan

25 % Oct

22

44% July

8

22

43 Va July

8

34

*31

22% Oct

22

5% Dec

31

13% Jan

3

3% Oct

22

20

21 % No*

27

15% Oct

22

May 20

6% Jan
21

14

34% Mar

t

31% Oct

23

23

98

0

79

Oct

22

89% Jan

Tar

11

25% Oct

22

323.

19% Dec

31

32% Aug
t
23% Mar 29

25 b,

70

7

rw

""nr

Dec

15

footnotes

Jar

86

Feb

7'
,

<w




3

Jul*

ig

nacnr 28

22

25

77
62

Feb

July

El

Mus

Ind

28%

27%

75%

75

28%
75%

33,100

751%

30%

27%

29%

31

32

31%

33%

30%

32

89%

87

88%

88%

90%

911/2

93%

90%

91%

37,300
24,400

76
24%

76
25%
90
21

1

*82
19 %

5

29%

148

145

147

147

147

148

♦146

57

50

41%

42

41%

43%

43 Va

45

45%

4,500

22 %

22%

22%

23%

23V4

231/4

*23

23%

2,900

75

*74%

75

75

75

23%

24%
90

*82

*74 Vi
25

*82

75

25%
90

*74%
25 Va
*82

25%
90

44%

25

25%

*82

30

7,600

90

10

19%

19%

19%

20

20%

21

21%

21%

2,600

30%
3%

28%

29%

30

31%

31'A

32 34

31

32 %

31,000

3%

shares

Battery

3%

3%

3%

33A

3%

3%

3%

3%

15,400

26%

27%

26%

26%

26%

26%

27%

27%

27%

5,900

27

15

7%

7%

7%

7%

7%

6,800

3

25%

27%

25%

26%

26

27%

28%

29%

28 Va

28%

124,800

3

Natural

24%

26%

24

25%

24%

27

27%

28 3A

27Va

28%

47,200

4
5

23%
4

24%

22%

24

223/4

23%

24 Va

24%

24 Va

25

4%

3%

4%

10
Corp common—25

17%
31%

18%

15%

17%

16

17%

17%

18

32
80

31%

32 %

31%

32%

32

32%

80

79

79

79

79

79

79

25%

26%

25%

25%

25%

26

25%

10%

10

10%

10

10%

10%

Gas

Emerson

Electric

Emerson

Radio & Phonograph

RR

27%

23 %

100

National Watch Co

Paso

5<&

28

Amer

28%

743A

41

2.50

common

Class B

Erie

Feb

3

10

Elgin

&

Mfg Co

District Electric Co

preferred
Equitable Gas Co

20% Jan

Oct

62 % Oct

56

Electric

26%
74%

22%

100

4%

4p'

*145

26%

75%

1

;

Endicott Johnson

35 % Apr

Nov

148
43%

*146

25%

74%

2

Stop Nut Co
Auto-Lite
(The)

Empire

Jan

27%
86%

10

Inc common

preferred

35 % Mar

31

5

Corp

common

preferred

22

1

19%
27%
75%

100

Products Co

4%%
Elastic

25 % Oct

1

4%%

Electric

.

19
25%
74%

icturing Co
Bros Stores

40% Apr 25
4% Aug 15

1

22

Steel

Co

28%

10
10
100

preferred

27% July

18 % Mar

28% Oct

.19% Dec
87

6%
F

Ekco

Am

29

""ndnk

30%

1

Inc

Stainless

Eastern

Eastman

Edison

Jan

91

Airlines

Corp
Eastern Gas & Fuel Assn com
4%% prior preferred

28

64% Jan
27% May

Oct

30

31% Oct

1
18

158% Feb

Aug 26

2% NOV

SejTIt

Jun

21

41

16% Jan

30%

60% July
115

22% Oct 21

32% Nov

11

vi

10

Eagle-PIcher Co

common

100
8.50
No par

preferred series A
100
RR Co—50

Erie & Pittsburgh

10'A
65
*56

65
60

7%

■

7%

7%

3%

4%

4

65

65

65

65

63

*56

60

*56

60

*56

734

4%

7%

5,500

4y8

40,700

17%

17%

2,900

32

32%

2,300

4

166

*77%

79

25%

25 %

26

10%

10

10V4

38,100

62%

250

64 Va
60

62%

j>_:56

60
__

6.000

Number 5685

186

Volume

. .

The Commercial and Financial

.

Chronicle

NEW YORK STOCK
EXCHANGE STOCK RECORD
Ru{e for PreYlous
Year 1956

29 % July

4

17

Mar 23

20

15% Jan 20

11% Oct
12% Oct

Highest
15

26

L'2

59% Deo 26

1

foVa

7

15-% Jan

3

10% Sep 26

15 % Nov

15

13% Dec 28

20

12

Dec

25 % Mar

213AOct 16
68% Sep
31

75% Mar

20

Feb

53 % Dec

2
'

-■5% Dec 17
10

Oct

10

43% Jan

7% Jim

11

55

Dec

1

136-2 a May

18% Deo

4

21% Sep

11

7

15

65

Jan

16,

17

Sep 25

Jan

67

61 %

7
27

Aug 23
41% Occ 21
3% Oct
10

Oct

22

Sep 30
34% Oct 22
17% Oct 23

32

•

45%July

Feb

11

18% Sep

10

30% Dec 26

37% Mar 14

27% Jan

21

3474 Jun

25

31% May

22

23

28

26% Nov 29
Oct

1

39% Mar 23

29% Nov 20
100

7

-

Oct

18% Oct 22

43

May

1

19% Oct

135

1

May

1

82

5%%

8

11

Jun 18

32
105

61

26% May

1

30% Feb 23

20% Oct 22

29'A Jan

91% Jun 27

37 % Oct 22

66

Nov

19

68

Feb

10

47

Dec

3

12

Nov

41

16

13

41

Dec

3

Feb

7

105% Mar 14

23

36% Feb

Jan

12% Feb 27

Dec 27

41%. Peb

16

61

33% Nov 29
92

26

98

21

10% Jan

Dec

106% Jan

101% Nov 14

Oct 22

81% Oct 22
100% Oct

2

Mar 12

47

7% Oct 24

May
Jan

Feb

94

cum

4%%

9

21

22% Aug 22

Florence

21

69% May

Florida

62

12

Apr 18

34 Vi Oct

22

Oct

24

10

9

80

77

July

6

42% Oct 21

109

Feb

13

159

July

6

92

102% Mar

Oct

23

100

M'pr

5

63% Mar

1*2

% Jan

3

33% Oct

Nov 30

21

84

51% May 28
16% Dec 27

21% Jan

3

30% Oct 24
8% Peb 24

41% Apr

18

13% Nov 28

11% Dec 31

13% Mar 12

10% Oct 25

42

% Oct 22

13% Oct 22
35% Feb

13

9% Oct

22

78

July 18

97% Mar 20

74% Oct

22

Dec

11

38% Apr 23

1')% Oct 22

79% Oct

4

94

56

Mar 29

Oct

1
23

8
13

43% Jan
93

3

May 15

93% Aug

Stove

No

common
m0

Light

3%

3

Mineral

47

44%

4%

4

4

11%

10

10%

10%

11%

48

46%

46%

46%

47

36%

34.%

35%

35

35%

18%.
32%
18%

18%

19

32

18%

'18%

30%.

29%

30

23%

22

23

:

11%
♦46

32 VA
*18%

30%

22 %

11%
•46

7,600
20,600

51

36%

300

18%
32 Va

19

36%
18%

32%"

5,200

•

10,700

*

18%

29%

11%
36%

22%

30

-

22%

3334

18%

•18%

30%

18%

29%

23 %

5,400

•

30

10,000

*

*-•

22%

23

2,800

19%

18%

18%

18%

19%

19

19%

18%

19

21%

19%

20%

20%

22%

22

22%

21%

82

213a

82%

•78%

40%

39

40%

40%

41%

41%

42

41%

413

21%

20 %

20%

20%

20%

21

21%

21

22

'82

84

82

*78 >%

*78%

•

'•

5,800

14,600

82

20

12,900

a

6.000

40%

39%

41%

40%

42%

39

40>4

81 %

83%

83

84%

83%

83%

83

83

'101

101 %

101%

101

101

101

our

49

•47%

48%

102
50 % \>

.8

v

8 %"

oarT

.83

50

45%

10

48 Va
7-

8

•

7,400
120

3,000

491/4

7% '■

%

7%:
37%

4,000

33%
83%
18%

*80

18%

19%

19%

19%

19 Va

19%

5,300

40%

47

48

48%

50

49%

50 %

17,300

40

.

"

47

47 Va

49%

49

49%

34%

85

42%

'7%
37%

.

48%

45%

37%

30%

'80

45%

'85

36%

%

48

32,500

18

48 %

30%

8

48%
8%

102

.

36

'80

20

'83

100

34 %

83 -

•

>

18%

47%

102

8 Ya

8

35%

35

...

101

_

23,500

4Va
11%

4

51

35%
18%

32%

*18%

...

4%

_

45%.

*

4

800

68

37 Ya

ion

44

95

35%

84

*80

.

83

*80

37 Va

83

49%
36

36%

80

*80

50%

36%
84

80

48%

%

45%

45%

48

47

92

*91

38%

92

92

*96

91

*89%

M

*90

50

10,600

82

10

48

11,700

100

50

46%

105

•

23,600
'

361,4

•78

6,700
v'

■'

83

35%

%

I

90%

90%

89 %

89 %

1

Ine"_

33%

38

34%

37

39

40%

38%

40%

36%

37%

7,700

44%

45

42

44'%

43%

43%

43 %

44%

42 %

88,800

No

42,000
40,400

91

91

*89%

70

14%

13%

14.

13%

14%

14%

14%

14%

43%
14%

39%

30%

38 %

39 Vi

41

40

42

38%

39%

10

10%

9%

10

10

10%

10

10%

*9%

10

11%

11%

11

11%

11

11

11

11

10%

11

75

10

common

*89%

14

mir

1

I

%

30 %

2

ZZZZZZ'lO

Corp

Freeport Sulphur Co
Fruehauf Trailer Co
4% preferred

14

45%

•62 Va

84 %

l

preferred

Francisco Sugar Co____
Franklin Stores Corp__

8

67

41 %

15

Co

Foster-Wheeler

July 11

46'/a

43%

43%.

•64

2,100

5

Foremost Dairies

Jan

41%

4%

69

3,200

16

23%

82

Co__No par

Ford Motor Co

8
3

•64

67

44%

45

preferred

Foole

80

23 y8

37"%

1

convertible

3%%

29

24 V4 Jan

23%

21

5

;

&

59% Mar 19

123

•15%

23%

•62

39%

I

._

Power

61% July 16

67% July

15%

24

15%
23%

24%

6 25

Co

18% Apr

12% Jan

*15%

23 Ya

15%
67

12,500
37,200

■

82

Corp__I.II"

3%%

5

17% May

15%

15%

9%

23%

20,400

7%

9%

18%

10

Food Fair Stores Inc
common-.
$4.20 div cum pid ser of '51
Food Machinery & chem
Corp

65 % May 15
134

6V0

1

i0o

Power

Florida

25

Apr

7%
9%

20%

cSIwI—-5

Flintkote Co
(The)
$4 preferred-...

Oct

13

6%
9%

29%

5

& Rubber com

,Carpet

Jun

Feb

NY

First National Stores
Firth (The)

45

51

6%

9%

23 %

ioo

preferred

11

59% Jun

6%

9%

'18%

No par

com

42

42%

6%
9%
15%

;4

5

preferred

41

42%

6%

41%

-

Board Co

conv

17,300

9%

23%

5

Co—

33 '/a

42%

-♦62

ZZ.2

Bearings

Electric

6,500

32%

7 Ya

10%

Firestone Tire

21% Mar 12

44% Aug 27

42%

13%

9%

15%

1

Fifth Avenue Coacli Lines
Inc
Flltrol Corp

54% Aug 14
% Aug
2

50

42

123 a

13%

9%

*46%
35%

Bower

Fidelity Phenix Fire Ins

21

Feb

42%

42%

Shares

12%
■'

6%

-—————"III

4

46July

7

34%

17%

61% Jan 23

34% Oct 22

33%

32

8

12 Ya Jan

33

18%

101'A July 23
106

31%

32%

2

82 % Oct

83% Dec

82

67

31%

18%

4*

3

53

39

i3%

29%

Oct. 25

13

13%

50

Mogul

Fibreboard Paper Prod

9

Mar 26

12%

13%

32%

Inly 12

44% Nov 29

12%

12%.

1

14

Jan

11%

13%

1

Feferal Paper

31% Jan 10

22

11%

12%

com-»___5
4.60% cumulative preferred—
25
Federated Dept Stores
_2.50
Fenestra Inc
in
Ferro Corp

-36% May 14
20 Ya Jan 31

Oct 21

11%

the Week

Friday

Oct. 24

13%

common

Federal Pacific

Sales for

Thursday

.

32

pfd 1953 series

conv

Federal

25% Jun 17

PRICES
,

12

42%

50

_

Fedders-Quigan Corp

SALE

Oct. 23

13

3

II_1

preferred aeries B
Fansteel Metallurgical
Corp
Farwick Corp

16% Apr 23
61% May 13

45

11%

HIGH

Wednesday

Oct. 22

29 %

1

IIII—

5Yc

64% July 10
7% Jan 14

22

Inc

Corp
Z
Family Finance Corp common

12

o an

a

Corp

Tuesday

Oct. 2L

Fairbanks Morse <fe Co
No par
Fairchild Engine &
Airplane Corp_l
Fajardo Sugar Co—
20
Falstaff Brewing

11

22% Jan 22

10

Aug 14

Ex-Cello

12% Jan 24

7

24 % Dec

29% Peb

2

Oct

Eversharp

16

6

17

41% Aug 17
18

13% Peb 23

Aug

6

9% Aug

51% Apr

P*r

Evans Products Co

17% July 1
25% Sep 16

14% Dec 27

5

31% Jan

Apr

41

LOW AND

Monday

EXCHANGE

Apr 30
Jun 13

18

29% Oct 21

38% May

STOCKS
NEW YORK STOCK

Range Since Jan. 1
Lowest

Highest

Lowest

20% Dec

70

75%

79%

78%

82%

80'.'2

82%

78%

80

11%

11%

78,200

*56%

57%

150

7%

6,600

8%

4,200

1

10%

11

10%

10%

10%

11%

11%

12%

-—100

58%

58%

57

57

56

57

57

57

2,400

4,000
18,300

,

G
6% Dec

14

9% Jun

8

9% Jan

3

11% July 19

41% Dec 26

49 %

6% Oct 22
8% Oct 23

10% July 24
10% Apr 10

July 20
32% July 31

42.

Oct

21

36% Jan

30% Sep 28

43"

Dec

6

33 % Oct

22

46"% Jun 2a

38

54% Dec

13

23 % Oct

25

64

3% Oct
25% Oct

25% Feb

9

Jan

23

6

Jan

4

31

Jdn

9

'

9% July 17
39

14% Dec 12
3% Jan
4

33% Jan 27
25% Jan

July 16

16% Aug 13
6% July 5
51
Dec 31
.

3

30% Nov 19

89% Sep 24

106% Mar

5

•

20

Jan

60%

OctTi^
May 22

73%

De^i

87/a Jan
36% Jan

9

69

Jun

*

6

4,7% Jun 12
88

May 16

General

10

11

Aug

2
Apr 30

General

;

26

11

Dec

45%

41% Nov 28

Oct~T

7

62% Jan 23
11
Jun 11
Oct

43

1

6% Dec 31
61

May 9
108% Dec 11
40 V*

110

May 23
Dec

'

30

Oct

•97% Feb 43

71 \

Oct 25

35

Mar

31

Oct 25

21

6

y4 Jan 11
46% May 24
86

Mar

46% Oct

10% Oct 21

12 Ya Jan

25% July

65

% Aug

u.b

'/

.

i

8

5

72% July 22

l:>% Feb 27

General

73% Deo

General

3

52% Feb

Feb

'2

4

Oct

21

56

Oct

22

69

Jan

4

1

100

July 26
36% Oct 22

115

Jan

30

49% Mar 20
124% Feb

16

102

Jim

20

5%

27

101 % Mar 15

Oct

23

1

37% Apr
3
75% July 17
53% Feb 24

33% Jan

2

40

Apr

68

Jan

4

35% Aug 24

$5

12

Sep 25

Nov 28

78

49

34
29

17

~5% Aug~20

29 %Jun

Oct

12

57-% July 15
5% Jun 13

May 25

38% Mar 28

Nov

19

34

Dec

28

14% Feb

9

18% Dec

7

22

34% Jan

4

53% Deo

19

24% Nov 29

32% Oct

2

29% July 18
3t>

t

331

>

Oct

19% Oct 22
15% Oct

22

Oct

22

33

21% Oct 22
31% Oct

11

General

39 % May 22

General
General

July 19

18% July 3
'50% Jan 10

General

27 V4 Mar 19

General

Jan

23

29% Dec

46

Apr

2

13

34% Oct 22

90

May 17

96

Nov 27

102
Oct 16
121% Apr
5
86% Sep 12

36 % Oct

17% Oct 21
22% Oct

75% Nov 28

22

95

1

July 31

185
90

37% Sep

12

23

Oct

21

18

39

Oct

22

20% Oct 21

Dec

36% .July
62% May

39% May 29

21% Oct

22

28% July
91

41 % Mar

.9

29% Oct

21

37% Jan

14

Glldden

5% Jan

25

Oct

22

4% Apr

20

34% Sep 28
3
Sep 14

3

3

Mar 18

Jan

21
13

Goodrich

30

3b

Apr

18

23% Oct

22

37% Jun

44% Jan

16

60% Sep

13

39% Oct

21

1% Dec

27

2% Feb

14

57% July 18
2% Apr
8

10% Dec

3

29% May 28

20% Mar 16
36% Aug

9

Co

14

(B

Grace

<W

1

Oct

21

4

Oct

21

13% Jan

S

Gran by

25% Feb

11

37% Oct

4

Grand

Co

Feb

18

31 % Oct

21

59% Jan

2

Nov

19

Jan

3

27% Oct

22

36% Feb

fl

Grant

31

99

Feb

17

72

Oct

24

86 % Aor

15

7% May 18
41% Aug 10

5

Oct

21

6% Apr

18

25% Feb
79

;

14

Nov 29

38% Oct

2

19% Oct

2

130% Dec

31
70% May 25

,

25%

Nov

20

18% Dec 27

14% Feb

9

79% Dec

27

108% July 17
46% Apr
3
23 % Mar

1

149% Jan

11

79% Jan

10

27% Oct 22
Oct

22

Oct

11

47% July 11

Great

Northern

Feb

11

21% Jan

Great

Western

3

Jan

14

Oct

11

138

Jan

22

69

Oct

21

78

Jan

11

Green

21

30% Apr
21% May

4

Green

14% Oct 22
78% Sep 25

Feb

footnotes

see




page

28.

11

*10%

13

17

17

50%
59%

52%

4%
56

57

4%
56

57

56%

104%

38%

104%

103%

10%
16%

2.500

51%

139,400

58%

5

57%

56%
•103
38 Va

104

„

110,700

18 Va

43%

4%

39 Va

400

60%

18%
43

-

104

*103

39

60%

10%
16%

103%

2,600

16,000

*

4%

9,800

57

4,800

104

390

39

249,200

103%

2,500
■*

79%

79 %

80

78

78%

78%

79%

34%

34

34%

34%

35

34 V

35 %

35%

35%

50

51%

50

51 %

51

54

53 %

53%

52%

53

9,200

31 %

32

30%

31%

31%

33%

33

33%

31%

33

11,300

•26%

28 %

28 %

43%

43 Ya

4%

4%

33%

34%

20%

22

19%

15%

15% !

15%

30 %

X33%

22%

43

27%

431

4 Va

42

a

43%

4%

4%

4%

4%

80

28 V4

1,800
1,300

100

43 Ya

2,500

41%

31,200

34

34

34%

34 %

35 VA

341%

35

21%

20%

22

21

22%:

20 Va

20%

7,600

15%

15%

15%

15%

15%

15%

15%

5,600

35%

36%

37%

37%

38%

36%

37

4,800

21%

22 %

22

22%

22

23%

8,400

33%

34%

34'%

34

34%

35

35 Va

35%

6,600

23%

*22

24%

*22

24%

%

*20

23

36 VA

38 Va

37

27%

44

•79

33

23

33%

27%

43

4%

4%
33

27%

43

*2 0%

'26%

-

.

'

37

373 a

22%

-

38%

383 a

23 Va

35%
•22

38%

3874

17,000

24%
38 3 4

46,100

173a

17%

17%

18

18%

173a

18 V*

18

183a

2,700

26 3u

25 Ya

26%

26%

28 Va

26%

28%

2674

27 '/a

119,600

100

95

*85

*85
148

153

146

95
148

95

*85

95

*85

150%

160

155

155

•154

77 Va

78

*85

77

78

86%

86 %,

24 %

24%

26

26%

27%

26 7

45Va

39

42

40

45

22

2034

21%

211/a

23%

79

89

Va

20%

.*

.

*86

7834

87'/a

*86

79

79

95

158'/a
79

490

270

87%

•86%

87%

10

28%

25%

27 Va

77,835

44 74

45

44

44%

4,400

22%

22 ya

a

23%

21%

7i/a

7 Va

7%

*7%

7%

*734

7%

*7%

8

2,000

34 Va

35

34 »a

34 %

34%

36%

36 7a

37%

36%

37

20,800

5

22 V4

24

21%

22%

23

24

23%

24 Va

23%

237a

17,900

87%

87%

873 a

87

29%

31%

3%

3%

30%
334

30 Va

1

Co—100

*

7%

*87

29%
3

165

156

165

*156

3%
*156

88 %

•87

30%

165

31%

30%

3 7a

334

3%

3%

*156

165

•156

88 Va
31

200

5,600

334

5,200

165

61 %

62%

601

a

61 'a

60%

63

623 a

633 a

61%

6274

20,300

77

78%

75%

77%

76 34

80

7974

80

78%

80

22,900

4

29%

30%

28%

29

28%

29%

30

30

30

30

1

Inc

39 %

40%

39 Va

41%

403a

42%

42%

443 a

41%

42%

1,100
23,800

1%

13'a

1 %

l'/a

1%

44,200

No par

1

1

1%

5

4

31

31%

34%

4%
32 Va

34

33%
273a

33%

35

34J/a

36

27%

29%

28%

29 Va

74

72

72

4

28

27%

27'%

•72

Ore

Prop

Co

4%

4%

*72

1

5

3%

5 Va

5 Va

5 Va

No par
25

28

29%

27'/a

28%

28 Va

47%

48%

46

49%

493a

35%

36%

36 Va

35%

38

20%

20%

20%

20%

207a

100

126 %

126%

33%

52

No par
No par

Stores

♦72

74

74

35 Va
.

20'

1

*126%

6!i

69

68

1

22 Va

22%

21%

16%

163a I

100

(The) common
preferred

3

100

17,

.

14%

14%
79

79
.

5

4'/a
32 Va

32%

32%

5

1

31%

4Va

5
12.50

1 Va

100

Ry

*87

87

.31

74,500

5

10

preferred
Bay & Western RR
(H L)
Co Inc

4% %

y

17%

Sugar com

Greyhound Corp

4%

3,500

50

17%

51%

Greenfield Tap & Die Corp—No par
•

11%

16%
50%

50

.57%

1

For

11

16%
50%

14

*79

128
68

'

1
16% Apr 30

89

7%

10%

15%
49%

350

2,100

-•

25%

Great Northern Paper Co

11

21% Oct

25

Jan

85

125

16 % Oct

17% May 10

Iron

35

46

21% Oct
96

Gt Northern

11

71

79

5f

common

preferred
Grayson-Roblnson

8

10%

10%

I

50'

-

34%

15

3%%

20

33% Mar 12
30

35 % May

10%

*70

74

•

10

Granite City Steel

45

Dec

5% Nov 29

10%

•

new_83%c

(The)

77

Co

11

102%

Consol M S & P

(W T)

10%

104%

Co

34

60% Dec

10 Ya

104%

Rubber

34

9

32%

4,700
11,500

•

45

104%

6jptT

Graham-Paige Motors

Union

34

7,700
>

'

19-%

45

104

10c

Batteries

&

R)

9% !

127

74

37 %

F)

<Sc

Gouia-Natlonal

•33%

•'

10

95 %

Goodyear Tire

9%.

127

No par

79% Jun

8

-V

V19 V

19%

44

103%

(The)

12

July

9%
128

43%

*70

37%

common

22

160

9%18%

7,800

'

1

601« Oct

16

70

7,200
>

74

43%

T

105%

4

70% Feb

89% Mar 23

100

6,000

28%

43

74

30%

10

27,%.
i72%

41

%

104%

1

$4.50 preferred
Co

33

38%

1

5

10

27

1

157% Oct

31 %

105%

preferred
(The) Co

Dec

Jan

23

56%

•

91%

31%
7i V

5

'21

84

Oct

60

Nov

31%

s'

37

1

23

66

163

■

*127

19

'105

10

28% Nov

Mar 14

;i 9%
129

18%

No par
No par

Goebel Brewing Co
Gold & Stock Telegraph

153

9%

*127

1%

Co

Gimbel Brothers

83% July 17

i

'

18%:

.

4%

4

<

29

'

4%

rlOc

i

9,600

53

•491/a
<-91%
!

300

4.700

3% V

y 29 *

•

9a *:■

18%

common

97% Mar 21

75

53
30 Va

44%

-,

43

8

3%

28%

74%

29%
*91

15,500
'

13%'

10%

17

10

-6

28

75'

129

30

.

10%

23

4 </o

28%

<'73%

„

9%

9%

18%

52%,

1

Getty Oil Co

5

26%

'49%
*

18 Va

Gillette

R% Feb

31

78

46% Mar 26

91

73

'127

19%

10%

*87

11

!i.%

128

*
,

10%

100

21

29

91
r

18,700"

'

40

100

7% Oct

53

28%

20 %

72%

42

100

32% Oct

9%

I 20

*49%

28

43%

preferred
Corp

Jan~12

3

'

4

18%

cumulative

8

3%

44%

Rub com

Products

4.

53

.

*70

5%%
Gerber

>aa%

93

27

16

-

Georgia-Pacific

13%

18%

Corp

9

4%

*49%
*91

,

75

preferred
4%% conv preferred
$5
preferred

3

13%

57% T 59%

Castings Corp

54% Aug 23
31% Nov
7

8% Oct 31

90

Jun

14

•

4%

27%

44 Va

Corp

24%

43^

45%

474%

95% Apr 25

23%
i.

100

•25%

57%'
18%

Signal

15,100

r

4%

10%

Utilities

39%

25 %

44%

series

2,300

"37%

27%

18%

& Utilities

&

3%.

100

issued

General Tire

July 17

7

52% Sep

7
23

Apr 23

22

25% Nov 27

23% Jun

28 % Oct

Oct

77

45% Dec

40% Jan

30% Mar

-

4

5.8 %

General Telephone Corp
General Time Corp

2

107

108% Jan

86% Oct 22
13

45% May

Shoe
Steel

•

21%

*25 %

40 %

Refractories

General

41% July 16

3%

4%

45%

Advertising

Railway

13%

3%

56%
18%

Service

General Realty

When
38

•

No par

Public

34

14

13%

10 "a

5

Corp com

Public

26%

40%

General Precision Equipt Corp
1
$1.60 conv preferred
No par
$3 conv preferred
No par

34% May 17

25

4% Oct 22

j

51%

28

24 Va

26

21%

38%

-No par

General Portland Cement Co

47% July 12

26

3%

25%

42

'

29%

30

I

$3.75

23%

49%

Corp

Outdoor

27

3%

8%
42

•22

(Delaware) _l

preferred

General

25%
'24%

'

-75 ■"

2

common—

Mills

Preferred

1

11

30% Oct
42

4% Dec

91% Feb

Co—:

Corp_;

Motors

37

1

preferred—

General

24

Feb

Foods

General Instrument

47 74 July 16

il5y2 Jan

Electric

38

5

Corp

General Finance Corp

.19% May 15
49% Sep
5
8% Jan 11

18

122 % Mar

40

36

■

•

No par

to

34%

7Va

9

42%

'

18

Co

Dynamics

General

Apr 26
50% July 23
10% Mar 20

19

" Dec

31

Controls

General

85

34% Oct 23

General

14

33 %

93

9f)r

7%.

22

4%

.

.

127

_No par
100

preferred

21%

14.

20%

5

General Contract Corp common
6% series preferred

22

2i

50% Feb 10

1st

21

r 72V. ■ 74%

No par
t

General Cigar Co Inc

2

15% Oct 22

v$8 preferred—„_

4%

14% Jan 22

59% Dec 13

Transportation—2.50
Baking Co common,5

{■General Bronze Corp..
:
•v
General Cable Corp com-

5

10% Oct 22

13% Jan

y

Amer

21%

4

27%
.'91

.

7
9
*42

20

27%

.3%
51 %

•

Jan 25

6%
9

43

*42

26

.14

6 Yo

37% Juty 12
101

135

40

.

com——*1

23

1

21

17% Jan

1

..

Indus

Jan

2

21

13% Dec 27

American

8%

43%

36%

20

Jan

July

Oct

30% Jun 12

Acceptance Corp—J

General

2

9

'42

22 %

3%

50

6%

6%

8%

43

.34
27%

...

1

com

9

'

Oct

•

_I_Ia
Inc

preferred

72

a

18

13

convertible

General

;>

20

.5 ~

6%

7

8%
'42

No par

(The).
Co—

Garrett Corp (The).
Gar Wood Industries

4%%

6%

5

50

22

905

127

80% Dec

common

preferred

Oct

.26% Jan

34% Mar 13

24% Jan 23

1

Inc

convertible preferred
—50
General. American Investors com
1
$4.50 preferred
100
General Amer Gli;Co of Texas
a"

17

Dec

*

Co

Gardner-Denver

•

15

5% Jan

(The)

convertible

Gamewell

15% Feb 19

10% Aug 30
142
t Jan
26

129

57„

14

15

Co

Gamble-Skogmo

8

21

23% Dec 28

•

Gabriel

Apr 11

2

'3% Oct 21
51

45

Jan

13% Oct 22

20

*

July 23

%

127%
*68

14%

81

14 Ya
*79

29%

2934

29%.

53

377a

38%

20

20%

*68

1434
81

6.500

6,800

29%

•

*126

1634

29,400

2874

5%

69

16 Va

34

27%
*71 Va

5%

128

16%

13,900
11,500

73%
5%

'

22%

3274

5

34

50%

29

22%

34

574

534

21%

-4%

34%

69

49Va

373a

38

20

20%

*125%
*68

10

6,300

17,200
6,200
80

127

20

69

22%

„

*

128

43%
"

4,400

-

*

2334

2234

2334

6,700

16%

17

16 Va

163a

3,800

143 a
*79

14%

14%

14 3

81

80

80

4

36,100
310

'

The Commercial and Financial Chro^cie

.

.

.

(1858)

Monday, October 28, 1957

NEW YORK STOCK EXCHANCE STOCK RECORD
Lowest

Highest

13

8

35% Jan

5% Jan

3

29 Ms Doc

12

23
39% Mar 23

2

16% Oct

Mar 14

147 Ms July 26

14

105

15%

16%

15%

16%

15%

17%

16%

9%

3%

*9%

10

*9 Mi

9%

9%

Gulf Mobile & Ohio RR com—No par

16%
67%
105%

16 "8

16 7 «

16%

17%

67%

G7%

*67%

17%
67%

106%

109%

109%

112%

35%
*82%

36
84%

84%

84 Ms

32% Jan

11

25

80% Jan

16

$5

21

May 13

Gulf

preferred
Oil

34 % Jan

19

105 Ms Feb 23

Jun

14

96

39MsDec

17

•45% July 25

58% Feb

10

19
Sep 18
Sep 13

24% Dec

4

20% May
Jan

24

27

87

Jan

24

107

33

Nov

26

19

4IM2 Feb

21

89% Jan

17

Jan

2

10

28 M« Jan

11

21

38 Mi Oct 14
57% Oct 22
11

23

2-4

16

Oct

70

Oct

lo

w

*/a

.

111% Jan

11

23% Oct

11

45 Mb Jan

15

25% Oct

42% Mar 29

22

.30% July 16

29 % Oct.

15

Feb

146

Nov 30

130

48 M4 Dec

9

20

24 %

Nov* 20

35% Apr 16

25

May 22

39

Mar 29

8

Mar 27

5% Oct 31
32 Ms Dec

39

13

Aug

138

14

% Oct

22

2

31% Feb

40% July 23
Jun 14

21

127 % Oct

34% Oct

Aug 13
51 Mi Aug
8
38

22

30% July

8

ucc

2v/

Oct

8

6% Jan

7

Oct

%

29

9

2

•32% Mar 25

22 Me Oct 23
3

84%

loo

"85

91

Hackcnsack Water
25
Halliburton Oil Well Cementing—5

*38

29

90

13

84%

Jan

21

Nov

35%

84%

$4.40 dividend preferred———100

6

Oct

92

35%
*82%

82

$4.20 dividend preferred

2

Aug

82

17

34 Ms Jan

21

Common

81

July

14 % Oct

22

18% Jun

1
19

26 Ma Dec

20

34% Mar 27

22%' Oct

22

28% Apr

2

76

Dec

19

89 Mi Feb

27

69 Ms Oct

9

47

Dec

3

60

Jan

9

44% Oct

15

54

May

85% Nov 15

101

Jan

5

86

Oct

4

91

13 Ms May 28

17% Nov

23% Oct 25
Oct

17

15 Ma Dec

31

22% Sep

51 Ms July 19

110

Dec

Feb

124

21

Jan

35

(W E)

Helmc

(G W)

10

115 Ms Jan

23

33% Nov

19

41% May 23
46 Ma Mar 14

99

3

77

Oct

21

87

July 19

Ifti

Dec 26

17

16 Me

July 2
S*> 24

23

Nov 15

15 % Oct

22

22% Jan

25 Ma Oct

22

31

Feb

5

31M4 Dec ■ 5

32 Mi Jan 16
40
Feb 20

32mb Oct

11

40%'Jan

10

56

74 Mi Jun

Oct

22

,71 Ma Jan

4

39% Jan

10

Feb

52 Mi

35Ma Jan 38
Dec

89

26

40

23% Oct

July 17

103% Mar 16
8 Me Jan 31

4Mb Nov 23

29 Ms Mar

21% Jan 23
12% FCb

1*9

10

2

3

81

Sep
Oct

21

19 Ye Oct

97

q

3

21

16% Jan

11

6% Jan

4

28MsJan

10

j

.

23% July 24

3

18% July 11
Aug
6
28% Jan
3

35Ma Dec 26

39 %

Jan

3

30

Jun

6

69

Aug 30

85

10
Feb 28

96

Mar

35% Oct 23

6

Dec 26

102 Ma Jan

72

Oct

25

Dec

105

88

Jan

7

100

46% Oct

22

Apr 26
Apr
1
60% July 11

57% Aug 17

3

July 26
July. 17

91

Jun

18

7 Me Jan

13

3 % Oct

23

47

11% Apr 29

Mi Oct 25

12% Oct

90

Sep 27
2% Oct 21

Apr

4

16% Jan

23

14

8

70

85% Apr

27% Dec 13
10% Nov 29

41

Ms July 3
24% Sep 21

23% Oct 23

6
May 21
35% May 23

13% Oct 22

22

27% Feb 10

35Ms May

3

29'% Jan 17

40

4M« Dec

13

53'/a Oct

57%

Oct"Y"

72 %

May~~4

Dec~21 '

51j

38

25% Oct 23
Nov

9

53

Jan 19
Apr* 5

50 Ms Dec
44
Dec

11

55

Jan

27

54 Ms Apr
53
Feb

10

Nov

13

44

Doc

12

26 Ms Jun

20

44

30

;Jan 13

40

Jun

9

44 Ms

July 26

52

Feb

19

3

41% Sep
4
40
July 1G
26'% Oct 22

Jan

33 Me Dec
59
Feb
151

11

15

13

85% July 20

67

Oct

Dec

31

76Ms Jun

2

.46% Apr 23
31 Ms July .5

8

Co

.

83Ma Dec

88% Jan

$2.25

convertible

Household Finance

4,100
1,700

4%

1,500

30!%

30

30

*29

51

53'/a

51%

53 %

*85

87%

<

1,800

15 Ms

15 y8

15'%

23%

23%

70

70

30

*45 %

47

45

45

1,300

*35

87%

*86

88

20

46

46
87 Ms

*85

5,500

71

*69

86%. > 86%

30

51 Ms

,

23%

71

i

51

15'a

22%

,*69

45%

30

23%

15%

15

22%

Mi

10 '

16

16'%

!l

16%

*32 Ms

1,500

23%

23'%

23%
33

900

1,200
160

33

12 Mi

12 Mi

12

12

12'%

12%

12%

12%

12

12

36

37%

351 b

37

36%

37

36%

37%

36'%

37%

105%

X103 Mi

106

52%

52%

103%

103'4

52 "a

%

*44%

*104

104

104

103%

1,000

105%

51'a

*50%

52

*51

48

*44 "Mi

48

*44%

48

34'%

35

35%

354

34%

35 Ma

27

27%

28

23%

27%

28

51%.

32

33*h

26%

540

;

52

*44%

52%
48

13,700

26%..

700

22,000
4,600

12 %

12

12%

12

12 %

65%

*64

65%

*64

65%

64

04

64

64

77

77

*76%

78

*76%

78

78

*77

78

16%

17

16%

11%.

12%

10%

18%

10%

11%

9

*9

9%

18%

18

18%

11

11%

10 Ma

11%
26

800

33%

33%

33

33

,9,900

41

41%

44

43%.

44%

42%

43

6,600

23%

24%.

23 Ma

24%

35

33%:

34%

to

41%

-44

40

-

.

241 h

23'%

23%

23%

84

84

85

'

24

84

85

3

201 h

2,560

16%

25%

33%

33 Me

19 Ma

17

16'%
25%

34

12.50

3%

17

15%
25%

15%
25%

1
25

9%

18

9

15%

15 Mi
25 Ma

3

1,400
9,000
6,500

*9

11%

25 Ma

16

28%

19,500

18'%

9
'

25%

*82

30

17%

17'%

:

18%
11

15%

'

17 Me

17%

17 Ma

10,200
820

10%

8%

17%
10*'8

,

f

*76%

17%

16%

16%

8%

9

18

11%

12%

*19

*83

85

*83

23,100
60

85

3 Me

3'%

3%

3%

3%

.3%

16,200

19%

19%

*19'a

20%.

*19%

20%

300

3 Me

20:

*25'%

.
'

19

18 Mi

184a

7,100

17%

17%

17%

18%

35%

36%

36%

35%

35%

35%

35%

*35%

35%

500

27%

25%

26%

26%

27%

20%

27%

26%

27%

3,700

70

70

70

70

100

76

76

76

100

*93

95

*93

Power—No par
_1

48

49%

46%

*10

3

72

50

72
73

60

70

*73

76

95

*93 Ma

95

48

47-'!

t

48%

9%

10

10%

10%

*10'/a

6 Ma

7

6%

6%

6'%

6%

1%

1%

1%

1%

14 a'

14b

*73

95

;

*93%

.

95

*92 Ma

10%

9%

6%
1 %

47

47%

6%
1%

10

48%

48

6%
'

7

1%

3'%

48'%

12%

*3 %

3%

47%

12%

4%

11

800

22,500
2,000

4%

4:'a

48%

14,400

•"47%

1,200

3%

3:,m

50

47%

49%

*12%

13%

12%

12 7

71%

71 Ma

72%

l
50

2%

3 Ma

2%

72%
'3

2%

3 Mo

3'%

43,700

23%

24%

23'b

23%

233«

23%

24

24%

24

24%

2,300

5

.

13%

14%

13 Mi

13%

,12 Ma

14'%

13%

14%

14%

14%

7,300

31

31%
57

x30%
54%
33'%
25%
*39
*41
*45
*41'%
'■ *41%
26'%

Central RR Co

55%
33%
25'%

1

-

_No par

Illinois Power Co common
4.08% cumulative preferred
4,28 % cumulative preferred J,

r

15

60
50

4^70%

cumulative preferred
4.42% cumulative preferred

50
50

4.20% cumulative preferred

150

Indianapolis Power & Light—No

par

Mexico

4

11

12

99% Jan

;4

Inland Steel Co

55% Jan

11

20'/a Jan

4

23% May 14

21

62

Jan

.2

Interchemical

82

92

15
67'%

-Nopar

_loo
%_%No par
20
1

Corp commons
preferred

Oct

22

Jan

21

19% Oct

22

35'% Jan

3

Interlake Iron C015)—

270 Ma Oct

22

376 Ms July

8

Int'l Business Machines

29% Oct

10

38% Jan

11

1

156% Jan

25

44

27%

5
100

1
-No par

7%
15%

31

31

13

71

72%

30%
54

34%

31

35%
'

•f

2,400

54

5,100

34

34%

27,600

25%

25%

14,700

25 Mis

26 3 y

*39

40%

*39%

40%

*39'%

40%

*41

43%

*41

43%

*41

43'%

'

*45

.

*45 '

46

*41%

42%

*41%

43 31

*41'%

43%

27 Me

27 Me

27 M«

7'%

734

.*7%

7 Ms

900

18,400
8,900

.♦45.

' *

*41%

•43 3

*41'%

4

27

26%

"20

46
42 Mis

27%

46

42 %>

*41 M%

-

^

26 Me

25 Me

46
42%
4427%

<

311/4

?•

•531/2

55%

351

.

70

72

2%

31 Mi

55%

34%

7,500
1,500

13'%

*70'%

34a

3%

48

12%

12 7 e

32

;

54'%

55'%
34%
25%
40Ma *
43%

48

73

*71

7%

15
67
152
' r *147
8179Ma
28
26%
21
*20%
-32
30%
S3%
,82
21
19%
282
272-

15%
69Ma
152
J

*147
- -

80%
26
*20%
29%83%
20 Ma
27.5

69

7 Ml
15%

:

7%

."

y

3,600

16 ','4

17 3o

15%

16 %

71

69%

7034

843o

84

27'%

28 Mil

29!

*20%

21

21 Mi

•20! is

33'%

31

287

-

84'%
28'%

29%

*20'%

-

; 33

82'%

82

293'%

5,600
180
■?

22

'

-281

%

83

21%

22','4

286

8,400

21

32%

3534

22

>

r

8,166

843a

29 Ta
21

82

22

21

278

4

34

82

82

83'%
20! 2
276 Mis

155

85%

81

:' 31 %

*147

155

*147

152

*147

.

.

69 M is

17!!»
69%

68 "

'81
27: i

,

•

V2

7%'

7'/a

l

Inspiration Cons Copper—
Insuranshares Ctfs Inc

29% Oct

46
42%

r;
I

»

1

Juii

21

36%
25%
40%
41

*39 ~
41
*45
*41%
*41%
-27%

—100 pesos

Industrial Rayon—

3%

3%
49

10
.

;

*70

72

100

5% conv pfd series A
Hussmann Refrigerator Co

-

*70

'

5

com

,5% preferred series A
Hupp Corp Common

S A—

.,

18%

72

*70

76

1%

.-

5% noncumulative preferred__100
Hudson Bay Min' & Sir, Ltd—No par

Idaho Power Co
Ideal Cement Co

•

^

5%

100

com_

17%

'

1

Co

Hunt Foods & Indiist Inc

4 Vi %

213«
22%

4

35%

Oct

7

21%
i.

,

17%

Feb

35% Dec 31

11,200

26%

Jan

»8

37

22%

21%
23%
4

^

22%

44%

100

Howard Stores Corp

Illinois

—

3,800

28'%

50

79

27 M« May 28

21%
4

14%

■-

25%

-

4.40%
preferred
Houston Lighting .&
Sound

33'%

36%

No par

26

6

38

*22%

:

y

3%

,*71

46

5

com

148

61 Ms Jan
103
Feb

14 %

22%
*69

30

preferred

6

Feb

36%

23Ms

,

3%

-

'

51%

,

10
.

common

3%% preferred
4% preferred

,

2,100
5,300
7,800

132

*127'%
27%

!

28%

,*3Q

30%

45

100

-

/ 5% conv.preferredHoudaille-Industries Inc

13

156

13%

No par

Feb

16

47

x22Mb
■

71

common—5

69% Mar 20
24 Me Mar 13

13

9Ye Apr
5
.89 Ma Jan 14

22

21%

20'%

132

28

36'4

35

4

*30

23%

50c

preferred

Hotel Corp of America

■

i" Oct 21

2234-:

*69

1

100% Dec

165

Dec 20

47 Me Jan 23

21

A—

Ingersoll-Rand common
6% preferred

52% Dec 20
20

7 Me Oct

11'% May 9
50% Mar 13

14%
\

2.50

Industria Electrlca De

7% Apr 19

20%*

22 '/•.
•*

23

15

Hotels

$4.25

15

:47%Apr

52 Me

6

2 1/12

Holland Furnace Co
Holly Sugar Corp common
5% convertible preferred
Homestako Mining
Honolulu Oil Corp—

11

-48

*
.

4

May 31
75% Aug 12
63% Jan
9
:32% May 9
46Va Mar 8

25

33'% Oct 22

41%

Jan

48%

2Q»b

27 Ms

JHudson & Manhattan

Ma Apr 23

30

27

6

11

30

V

3538

*3%

*64

Hooker Electrochem

300

70

26%

32 Mi

y

16,600
3,700
2,500

'

5

3% Apr 23
99

5Q

Inc

1% Nov 20

23

4

-27%

343a

35

Howe

10

23%

4

32

8

Jan

20%

22 3 i

l

18

5% Nov 30

20

1

48

Jan

15% Dec 21
83 Ma Dec
3

*127%

28

31

.y. 200

,

26 Ms i

26%

32%

313 4

132

27 Ma

30
132

26%

/T

"

"—

*45

18% Jan

64

5
10

37

-

No par
50

15

4% May

35

;

22

3

28%

27

2.50

preferred

21

Sep

32

*127'%

29%

*127%

-

'

common

9% Oct
1 %

*26

26%

23 Ma

5% Oct

18 Mi Jan

30

132

70

26 7 a

26 Mi

*32%

3

20

29%
127%

1::

16

26% Mar 19

Dec

27

71'%

26

70

25%

26

32%

15% Nov 29

12

70
24

23%

88

90

41% Jan

71 !is

4

70 M

16

Mar 13

83

26

70

72

32%

May 29

25

40

24 Ms Sep 25
75
Dec 11

16'%

23%

8

16

16 Mi

24%

-

18 Ma Oct 22

Feb

16%

27%

Hoffman Electronics Corp—

29 V* Oct

17

16

_l

Corp
Hires Co (Charles E)

10% Jun 2o
25%

17

16'%

15%

Hilton

7

22

16 Mi

Heyden Newport Chem Corp
1
3%% preferred series A
100
$4% cum 2nd pfd (conv) —No par

July 16
Jan

22

16%

32%

Hewitfc-Rofoins

4

17 Mi

78

8% Oct

16 3 8

23 %

'40% Jan

19

9 Me Jun

16%

15%

42% Sep

17% Oct

16 Me

32 Ma

12

9

31

20

100

common

21

oM. Nov 27
9 Ms

59 3 4

19

23

series

10% Oct

18 Ms Dec

58 Ma

19'%

16.%

4Mi (/o preferred
Hertz Co (The)

22% Jan

60%

33

Hcrshey Chocolate

16% Oct 21

39 Mi

39

23%

July 25

60% Sep

24% NOT
7
12Ms Jan 25
25% Sep
7
14 Ma Apr 12

*38 MB

30
850

19

23 MB

62

3

21%:Dec 12

91

59'%

_1

50M» Feb 19

20 Ma Mar 19

Jan

*85

39

;

23%

common

16

77 Ma Feb

2

91

19%

100

23

13M4NOV 29

Oct

83

8

603»

*38
,

25

Sep

6IM4DCC 13
80

84%

82

*32%

5%

5,800

83 %

83

*15 Ms

30

36

35

357«i
84%

39%

1

26% Oct 22

27% Jan

11

80,900

5734
18%

100

27% Feb

54

400

112

1C9%

700

13,400

58%
19 Mis

25%

:

45

3

39

57 Me

:•

253b

dist_;

47 Ma Jan

53% Mar 20

45% Dec

*38 V

/ '

39

27%

& Co

Powder

66

83

10

Hercules

66

19%

7%

47% July 11

18

67%

3f,%
*82%

•

noncumulative preferred
25
Hercules Motors—
No par

8

17% Jan

21

Oct 22

103 %

24

45% Dec 20

Jan

Heller

10

17%

20

70

preferred—.

22

34% Mar

18%

v.y%

57Ma-'.'60Mi

7.50

common

24% Jari

9%

*85

27 %

3%% preferred
Heinz (H J) Co common

3.05%

17%

9%

111%- 113

.

91

*85

24

Hayes Industries Inc

6

91

100

Hart Schaffner & Marx_

Industries Inc—
partial liquidating

*85

.

2.50
1

Hat Corp of America common
4 Ma 7o preferred

Co

;

.

167b

_1

—.

Heclit

69

19,800

17%
9%

5

4% convertible preferred
Hammermill Paper Co
Hammond Organ Co
Harbison-Walk Refrac com
6% preferred—.
Harris-Intcrtype Corp
Harsco Corporation
:
Harshaw Chemical Co

'18% JUn

19

30% July 23
12 s Oct 22

21 Me Mar 15

36 Ms Nov 29

34

30

*82%

(W F1 Printing Co
Hamilton Watch Co common

Ex

76% Jun 20

15% Oct, 10

20
Aug
6
26% May 25
38% Jan
3

Dec 11

17

13

28

35%

100

Hall

July 24

23 % Feb

Mar 12

37

_No par

84.44 dividend preferred

Havcg
18'A Jan 23

\

84

5

Apr

103% Feb 28
108
Feb
6

81 %

17

07%
109

82

11

93 % Feb

42% Mar 20

27

Dec

13

Shares

Oct. 25

Co—

98

26

83 Ms Dec

Sep

25

—

Utilities

41% Jun

24

32% Sep

100

No par

;

Corp

Gulf States

90

Sugar

the Week

Friday

Oct. 21

1

22

152

Thursday

—1

Oct

-

Oct. 28

_

Aircraft

Guantanamo

Sales for

PRICES

Wednesday

Oct. 22

Oct. 21

Corp

Grumman

12% May 10

Oct

66

93

21
83% Jan 23

34% Jan

11

Jan

9

HIGH SALE

AND

Tuesday

Monday
Per

EXCHANGE

Highest

15% Oct

9% Nov

76 Mb Dec

NEW YORK STOCK

Range Since Jan.1

Year 1956

27 Mb Jun

LOW

STOCKS

Range for Previous
Lowest

290

9,400

51,500

'

33 Va May 28
Dec
6

143 Ms

41% July 25
174

25% Jun 22
69

78

33% Apr

Nov 21
Jan

23

88

98 Ma Nov 29

15% Feb

12

7

Jan

28

11
3

112% Aug.

8
14'% Mar 13

9YH Nov 26
87 Ma Dec

Feb

144% May
7
106'% Mar 13

85

Sep 13

94

Feb

15

21V* Apr 19
104% Apr 19
144
Aug
3

38

Dec

13

44% Feb 20

138

July

25'% Oct

22

Oct

24

67

66% Oct

,317/e July 10
76

22

83% Oct

21

July 30

98

8 Ma Oct 22
65% Oct 25
85

Oct

8

261/4 May 10
196% May 10
125
July 12
:40Ya May23

11

35% Oct

Feb

11

43 Ms Nov 29

70% Mar 13

28

Oct

21

34'% Apr 20
29V* Jan
4

51% Apr 33

38'% Jan

16

29 Ma Oct

21

35

37% Apr

5

25% Oct 21
20% Oct 23

32% Dec ~28

39 Ms Mar 16

27

13

Feb

30

Nov 30

15'% Aug 27
34% Jan
5
27% Jan N)

28% Aug 29
2
24% Jan

9

23% Dec 38
33 Me Jan

10

120% Dec 17

56% Nov 19
130 I

Feb

7

12

Oct
.

4

Nov

19

Dec

13

Oct

1

10% Mar 19
29% Oct

15

Aug 31

48% Apr 27
94 Ms Mar 14

Oct 15

55

83
Dec 27
42 Va Oct
2

Mar 14

102 Ms Feb

58% Apr

6

5

67 V* Feb

1

85

42 Me Jun

8

62 Ms Nov

15

94% Nov 30
38% Feb
3

105 Ms Feb

30% Oct 22
28

Oct

22

3% Feb

For footnotes

72
see

Dec

26

page 28.




1

20

37% July 10
^GMssJulyie
33Ya:May 10'
14'% Feb 19

InMl Rys of Cent Amer com—No par

6%

83%
-86

9

.100

67'a

Nopar
-No par
-25

*88
35'%
28

preferred
25
International Telep & ITeleg—No par
International Utilities Corp
5
Interstate Dept Stores
—
:1

29'»
25%
21%
*36%

■

5%

preferred

—

International Shit—
International Shoe
International Silver
;

—

common.

7%

Interstate

Power

Col

.

6-%

7Me-

86%
•

*67

72

36
29%

' 26r'e
12

85%

.50% July 15

47,4 Jan

28

60% Aug

47% July 10
Jan

89 Ms Feb

24

2
28

52 Mi July
3
97
July 11
64 yg July 24

99

Jan

2

76% Jan

17

Creek

Coal

common-.

$6

50c

preferred
;
IrT-E- Circuit Breaker Co

1
5

Jacobs (F L) Co

1

*114
34

5

25%

303b

*114.
33

■

5

5

67

67

69%

71%
88%

84

84

36

9

9'4
G6'

66.,

2

*90%

.; 93
Mi

36 3

36%

4

3,900

23%.

22 3

4

23 Mis

8,500

27

27%

27%

*26 %

•

*29

200

32

•

36

400

12%

12%

12%

12%

12%

28' -j

28%

28%

28%

29'e

29 Vb

8,100 4
7,100*

'27

•

120

273i

12

1

-

243i

31%>
*114
-

37'%

25

25

25'%
343

34

34

120

*114

120

38

40

38'%

-

j

>

25%
33 3a
*113

37

;
'

2534
34

6,000

10,100

117

38'.'4

9,900

5'p.

25,500

17%

165b

17'4

4,900

-28

28 3 4

27%

27 34

7,600

79 Mb

79

79 %

52',4

53

53 3i

54

77

75

75

37%

5'b

5

5'b

5'b

*78%

1

53 Mi

53 311

52 Mi

52%

Manufacturing Co—

31%

22'2

79%

Joy

500

22%

78 Mis

.5% preferred Beries A—

30

830

,

2,900

20%

79%

Jones & Laughlin .Steel com

36%

83,500

79

•

36%

h

16%

16'4

77Mb

36%

*75

39%

5'b

76 %

40%

5

*78

53%
*75
38 Mi

79
54

76%
39%

-

70

3,000
40

19,000

5

36 Tb

38 Mi

37%

38%

12%

78 Mi

79!%

76

78

76

76%

78 Mi

78%

78:%

78%

2,000

10

41 >i

43 Mi

41%

43'b

43%

45 M

s

45 Mi

46%

43%

45 Mi

101,700

93

93Tb

92 %

92%

92%

92%

92 Mb

93

92.

92 Ma

490

40 Mi

43

40 Mb

42%

42%

44Mb

43%

45%

43 Mi

44%

20,500

—100
1

36%

•

r

6,000
.

27 7

28

—100

66 >2
91

21 "4

15Mb

Corp

65%
90

31 Ma

27%

& Johnson

9%

66%
93

28%

15%

preferred——.

200

30

127%

3% %

8%

9' it

35,200

29

14%

Johns-Manville

87%

*84

22,900

8434

85'%
.

41,700

-71/4

27%

20 %

Johnson

100

70%

30

15

*75

13,500

28

28'i

♦75

460

68

30

30

14%

Inc common

35,700

-

26%

29

*29

26'%

Jewel Tea Co

27

7

87%

Jaeger Machine Co
5
Sulphur Co—
1
Jersey Cent Pwr & Lt i% pfd—100

Jefferson Lake

31%
140 3 4

69%

7

84

9

3l:,i

117 4
37 %

72

89%

93

-251«

32'%

26%

-

26%
*66 34

271/4

6%

66'%

12'%

29

141

6?8

*83'4

29
33%
27%
21%.
27

283i
25

30%
140 '4

; 3-13 ii

85'4

9
67% *
93
36,M4

28

'

27

6'%

84%.

*28Ja
25"/8
20*8

29%
27%
21%
27'%

.

69

6%

8'%
67
*89
35:Mt

9%
69
90

140'%

"

,67%
■

30 Mis

30' '2
141

71

25 31

26"g '•
,

.

140'%

84
*82M/a

66

31

91

40/4 Oct 21

International Paper common!
7.50
$4 preferred—a
—Nopar

G7'/«
-

Island

Jan: 22

11

0

15

*66 >
66 s 8

.54% Jun 13

J1111

.7.,,

Canada

International Packers Limited

72
69%

*67

35%

•28 M4 Mar 29

130

9

12

100
Nopar

-

27M%

*25%

»

30

30%
141%

.

'

11

Feb

com_.

30%
141.

.

12%

6% Jun

36% Oct 22

Int'l Nickel :of

143

29

.28% Jan

41,4 Oct 21

preferred

31

141 Ma

12 %

4

69

InMl Minerals & Chemical

30 %

100

i,

26Ma
25%

22

Aug 29

»;

——3.30

Jan 28

26 /8 Oct

75

-No par

common

preferred—-

Iowa-Illlnofs Gas & Elec Co—No par
Iowa, Power &-Light CO—
10

32

I?/Oct 11

27

Mar 21

22

111 Ms Jun
33

22%
32%
MM*
44%

18

Oct

Feb

Harvester

7%

'

-

115% Apr 23
11% Feb 20
109 Mi July
9

6% Oct 22
82

May

Int'l

-

5685

186~ Number

Volume

.

.

Trie Coinmercial and Financial Chronicle

.

(1859J

NEW YORK STOCK EXCHANGE
STOCK RECORD
Range (or Previoua
Year 1956

Lowest

STOCKS
NEW YORK STOCK

Range Since Jan. 1
Highest

Lowest

Highest

LOW AND

Monday

EXCHANGE

Par

Tuesday

Oct. 21

Oct. 22

HIGH

SALE PRICES

Wednesday

Sales fat

Thursday

Oct. 23

t

Oct. 25

K
34% Feb 13

3

70 % Aug

25

73% Oct 22

104

Nov 27

127

Aug

3

44

Dec 18

52

Feb

20

Oct

40% Oct

78 ■»
92

Dec 21

Dec

96

108

89 '

Nov 30

105

87'

Dec 28

:

81

Nov

14

24

Feb

15

30

Mar

40

17

11

Oct

32

Oct

Apr
77% Jan

26 %

-

11

32% Oct

38% Oct

22

20 % Oct

21

31% Oct

23

40% Oct

22
17

35% Jan

20

40% Mar 19

32% July
43% Jan

52% Jan 31

74%

Aui~20

38

82

98

Feb

78% July

1

Oct

21

94 J/a Apr

1

Dec

~21

31% Dec 26
22

Jan

10

29 % Apr

54% Oct

Oct

21

27% Apr
34% Jan

15% Jan

1,400

33%

33i/a
78 "

4,200

84%

"30

89

88

89

90

33%

34

33%

33%

33 %

78

*75

78

*75

78

82

82

*89

90

84%
90

100

*83

85

*83

85

*83

*84

90

*84

90

*84

90

50%

49%
*32 %

51

49

51 %

32%

50

48

32%

*32

33

No par

25 %

20%

25 %

25%

22%

23%

22%

22%

22%

27% Aug

16% Mar 13

19

18% Dec 26
30

Jun

16% Sep

10

7
6

: Nov

7

17

"Oct

22 *

22% Mar 12

18

: Oct

22

8

34% Apr

May 8
13% Jan 10

17% JUn

27% Oct

30

Mar 22

97

22

July 10

26% Oct

11

21% Jan
2% Jan

31

15

19 % Dec

28

5

58

./

7% Oct

3
•

24 !

;

1% Oct

21

2% Jan
:20% Jan

12Va Oct 22

25% NOV ,;1

8
Feb
1
29% NOV 14

22

16%

20% Oct

9

30

16% Dec 28

21% Mar 26

74% Feb

9

98

12% Dec

4

Apr 9
18% Mar 29

72% Feb

l
61% Oct
137% Dec 20

49

Jan

163

% Feb *.2

18

32% Jun

15

25% May 24

23

68 Va Jan

130% AUg.

150% Mar

9

31
7

18

67% July 18

(

72% Jan

.

22

16% Anr

7% Oct

22

9
18

12

26

Oct

10

18 YB Nov

29

25 Vb

May 14

12

Oct

21

22

33% Dec

12

35

July 26

25Oct

11

28

Jan

10

37% Dec

29% Oct

11

99% Oct

25

36% May 13
117
Jun
7

£1% Oct

19

98% Dec

6

19

July""6

19% Oct 22

Jan

9

93

88% Dec 27

102% Jan

13

86

Dec

11

104

97

Nov

19.

103% Dec

15% Dec
116.

23%
106

12

Dec

27

5

35

11%
35%

*10 J/a

35

34%

351/4

2,000
7,400

81 %

84%

93%

95'A

80 J/4

83%

35,100

33%

33%

35%

35

35 J/4

34%

35'A

1

39%

44%

38 %

41%

42

43%

42%

44%

40 »/4

42

25

20%

21%

20%

21

20%

22

22

23 J/a

21

21%

34%

34%

3.2%

34

31 Va

32

33

33'A

24,200
19,900
8,600
2,100

42

42%

40%

42

40%

41%

42%

44%

43 Va

28

27

27%

27

27

27%

28

27%

27%

9,300
1,100

26

26

6,800

40%

6,200

% %

conv

common

prior preferred
Co.

(Ill)

1
5

•11%

11%

25%

27%

25 %

25%

25%

26%

25%

26%

38

40

38 %

40

39%

40%

40 Va

41 J/a

79%

79%

79%

79%

79

79

80

80

13

13%

13%
25%

13%

131/4

25%

25Va

preferred

100
1

_

Co

I

__

%

.

13 Vi

No par

13%

12%

13

.25

10

25%

25%

25

%

25

%

25%
26%

83% Jan 27

109

May

21

Jun

26

26

26%

26%

27

26%

20%

20%

201/4

20%

20%

20 Va

20%

20 J/a

20 J/a

700

59%

157%

58%

58 Va

59%

58 Va

59%

58

591/4

5,000

._4

12%

13 %

12%

12%

12%

4,700

25
La Consolidada 6% pfd_75 PesosMex

*20%

21

21

21

Jan

20

61

4.32%. preferred series A

Lane-

Bryant

Lehigh.1 Valley Coal
S3' noncum

common

26

List

49% Jan

3

24% Oct

22

22;

Steel

6,500

27%

27%

*27

28

86

*83

86

83

12%

12

12 J/a

11%

11%

10,900

28%

28

28%

29

30

29%

30%

29%

30'/a

31,800
25,900

8%

9%

9

7%

„

3%

3

9

'

7%

8

1%'

1 Va

1

%

13%,

13%

14

3%

22%

23

23%

25

23%

22%

22%

22 Va

64

137

2,300

25 Vi

24%

25%

*22%

22%

*221/4

22%

73%

32,200
2,700
8,400
6,700

8%

89,600

64J/2

15,900

%v

14%

15%

15 Va

16

71

73%

73%

74

9%

63%

64%

64

137

137

14%
70%

9%

00%

137%

136

8%

64%

15%

64 %

136

.

72%

.

8%

8

134 Va

64

134 J/a

58%

57

57%

57

58 V*

57%

54%

51%

52%

51%

52%

53 V4

54

12%

1-2 V2

11%

12%

12

12%,

12

*135%

58

51

121/4

8%

7%

7%

41 %

43%

38%

41%

39%

41%

1

28%

30%

28%

30

30%

8

8

8%

58

51

J/4

53

11%

37%

34%

30'/a

3,000
19,100
40,600
8,800
76,900
35,100
10,200

8 J/a

36J/4

32%

34

32 V4

12

13%

12

12%

12 %

12%

12 Va

13

12 Va

12%

20%

28

26%

27%

27%

29

28%

29%

27%

29

30%

30%

30

30%

30%

30%

30%

30%

30'4

100

104%.

104 %

102

10

19%

20%

19%

19%

96

96

96%

,96%

100

83%

100

100

102

86

*80

*79%

81%

*93%

94%

*93

94%

24%

24%

24%

122

122

*961

97%,

*80

86

*78%

81

*.*78%

94%'

26

25%

122

20%

79%

*93%

122

*93

94

*93

26%

120

25 Va

120

,

(Ky)_Nopar

23%

24

23%

24

23%

24

50

01%

04

61 %

63%

63%

120

65%

12'

1

0

54

3.33%

12%

12%

54%

57%

•

19%
*96

86

33,500

8L

130
-

70

30

94

24%

26%

1,140

20 Va

97%

\ *80

25%
120

120

120

30%
101

72,800
130

24%

24%

*24%

25%

2,500

63%

•,

64%

62(4

63 %

12%

12 %

59

99'/a

100

20

86

79%

*80

<86

100

19%
97 Va

19%
97 %

81%

10

100

103

*79

100
—100

;

7,600
2,900

11%

8 J/a

42

10

pfd

290

135i%

57V4

8%

8

36%

16

8'/a

64%

57%

1

11,800
1,500

3%

14'%

7%

1%
14

20

*3%

69%
,

8 J/a

1 J/a

**3

1,300

3%
26 Va

3%

,

22%

10

7%

Vi

1 Va

13%
3%

1%
13

■

*83

24%

25

Co comnfon

Co

18%

11%

15%

preferred

Lukens

18%

83

*83

71%

Lowenstein (M) & Sons Inc
28

18 J/a

28 %

15

preferred

Louisville Gas & El Co
Louisville & Nashville

Jan

122% Jun

18%

4

Oct

12

.2,500

23%

No par

•

27

21

17'A

10c

series G

12% Oct

17J/4

22

2I50

4.40%

45% Feb

28%

17 J/a

12

8

5

Apr

8

28%

900

17%

28
*

10

106

31

18

17%:

87%

9%-

Aug 26

Dec

18%

500

3 J/a

11%

100

conv

13
21

*3%

12

87%

70

.___

12%
*20%

3'/a

1

___

13

21

3%

11%

*83

10

series D preferred
series E preferred

93% Jan

18

3%

com

6,300

18%
28%;

No par

4.35%

21

17%

3%

(The)_

(P)

17%

1%

Co

4.25%

7%

17

12%

Lone Star Cement Corp
Lone Star Gas Co

Lorillard

,

5

25

30% Jun

28%

12%
21

.

21

3%

1%

4.84% conv preferred—
Long Island Lighting Co com

127% Mar

28%

12%

*20 %

*3%

13%

;

Industries Corp__
Industries Inc

series B

18%

27

;

3%

1%

.7% preferred
Lily Tulip Cup Corp__
Co__

17%

18%

No par

Libbey-Owens-Ford Glass

Belt

17%

%•

13%

products

Link

3

1

;

(The)

Fink

3%

No par

1st preferred

50c noncum 2nd pfd
&

3%

1

__

Mar

2

5,900

20%

Jan

22

170

9,400

13%
25%

20%

Loew's Inc

7

80

*79

53%

Lockheed Aircraft Corp
1

43%

26%

Litton

11

34I/2

1

92

61% Oct

9

27% Feb

1114

.■

40

11

5
—

89

July 24

*33%

*27%

23

23% Oct

*10%

:

1

5%

15% Jan

1,100
4,200

34%

28

116

30% Nov 20

25%
22%

32%

Feb

93

22%

35%

83% Oct .21-

28

143% Jan

23% Jan

25%

23

33

103

Aug 26

100

33

15%

22%

11

79 % Oct

Mar 14

21% Feb 23

.

28

26% Dec

Jan

*32

25%

81%

Lionel Corp

40% July 10

58% Dec

8

8,700

33%

•

10% July 16
52 % Jhly 30
57 % Jan
2

43% Jun'

200

50%

11

—

41% Aug 2Q

84J/4

49%

79%

Libby McNeill & Libby__
Liggett & Myers Tobacco

ll% Oct

6

*32 %

841/4

51%
33J/a

32%

Lernex* Stores Corp
••

21

-

51

25% !
22%

"15

90

♦84

•

11

Lehn

Oct

5l,:

85

*82

83%

Lehman Corp

Jan

50

*82

34

10 1
14

19
Apr 29
84% July 17
13% Jan 14

'

62'4 Aug 26

Aug 29
Jan

7 % Jan

21

90

83

11

-

22

7% Oct

'9
7

12

•,

Jan

^

.14% Oct 22
G8% Feb
1

2

64
Aug
76% Nov

23

47% Jan 23
14% May 28
6% Nov 29

<

10
24

Oct

3

*89

83

79%

Laclede Gas Co common
!

24

Oct

19

4

„an

,

90

32

Lee Rubber & Tire—
III—5Lees (James) & Sons' Co common_3
94'
Jan
9 !. \ 13.85% preferred
100
17% Mar 14
Lehigh Coal & Navigation Co_
10
45% Jan
4 * Lehigh; Portland. Cement15
.17% Jan
4 t Lehigh Valley RR.
—
No par

20

11% Oct

35% Apr 26
15% Nov 26
1% July 6

83

*75

82

1

(S H) & Co
Kroehler Mfg Co
Kroger Co (The)-

20% July 15
24% July 8 *
36% Apr
4

24*

Jun

27

78

82

200

5

4%

Mar 22

4% Jan

3% Oct 22 *

4% Jan

89

Apr 24
Oct: 2

16

27y8

*89

^

33%

25%

8.75

s
14% Apr 13
25% Apr
4
3% Nov 13

*75

85

E J Korvette Inc

2

27

881/4

88

34

29

Royal Dutch Airlines-—100 G
Koppe.rs Co Inc common
lo

18

12% Oct 22

88%

89

*82

Kress

20% Oct

1,900

41i/a

*88

,4

6*4% Sep

74 %

41%

84%

Kresge (S S)

26% May

74

41%
90Va
33%

90

11

17

75

41%

27%

34

KLM

7

14

88,600

74

42

No par
2.50

10

Jan

47

,

28%

76

*82

Keystone Steel & Wire
Kimberly-Clark Corp
King-Seeley Corp

4

19%'Oct

19

;

28%

74

Co

4

3

26

26%
*40%

89

*75

Shares

Kennecott Copper *
Kern County Land Co
Kerr-McGee Oil Indus

5

25% Sep

3

4

21% Mar

25

29% Mar 29
50% Feb 29

43% Jan

11

26%

*89

Kayser (Julius) &
Kelsey Hayes Co

36*% July 11
65 '/a Jan
2

12% Oct

42

25%

100

non-cuin preferred
Kansas Gas & Electric Co
Kansas Power & Light Co

50% July 25

Oct

v

74

*40%

_100

4%

47% May 31
75% Jun 19

31

Apr 12
58% Apr 27

18

Kansas

4

30% July 16

73%

42

cumulative preferred
100
City Southern com—No par

4.35%

4

July 11

128 % Jan

22

Dec

3

Apr 17
49% July 10

22

6

61

4

cumulative preferred—
4.50% preferred
4.20%. preferred
1

74

*40%

50

4%

15

25% Oct 22

25

14

47

Nov 21

Dec

21

38% Jan 31
32% May 3

21

79% Oct

12

53% Apr

7

•32% Dec

9
23

147% Mar 14

39% Feb 10

100

26%

74

33%

preferred

cum conv preferred
100
Kansas City Pr & 'Lt Co com_No
par
3.80%; preferred
_100

18

Feb

96

22

22% Oct

Dec

Feb
Feb

96

25

_/4%l&

Mar 12

102

•

-

25

Oct

48

22% Oct

48

23

1
43% Oct
42% Apr 25

24

84% Oct

32% Aug

21

May 28
Jan

4zk%

—-

24% July 23
Mar 27

12% Dec 27

14

102

17

Aug 28

46 % Jatt

21% Jan 10

113

80

1

May 22
92% May: 9
20
28% Aug 14

9

37 *

83

Sep 20

89% Oct

Mar

Feb

5
39% Jan 24

74% July 23

1

Apr 13
*

49

Kaiser Alum & Chem
Corp
4%% cum conv preferred

105% Aug

/

33% Oct 23

103

71% Feb
4

Aug~14
Mar 13

103

5

97% NOV 28

•

11

Mar

44%

7

46% May 15
109 & May
9

16

Oct

86

37% Dec

21

the Week

Friday

Oct. 24

•

13

13 Va

13%

13

13Va

6,500
8,800

57%

66%

65%

70

62%

65%

190,400

M
'

37% Nov 23

I

120:

Nov

144

15

May 24

113

Oct

27% Dec 20

14

19% Oct

33% Oct

16

27

22

92% Jan

13

10% Apr

6

80% July
5,
7% Mar 28

,; 6%

V

125

22,

8% Nov 21
Sep 20

■i,
.

30% Nov

28% Apr 11
80% Dec 27

>

f

10% Feb 28

7% Mar
.

86*:

Dec

"Is"

139

Oct

5% Oct

;

39%.Mar 22

22

Mar

4

32% July 12 ;
32% May 17
80% Jan 30

11%, July

Madison

2

,

7% Aug 30

21

1

18%. Aug

6

Mack Trucks

,

4%

33% Oct

22

99

Jan

•28% Oct

22;

44

Jun

Jan

4

530;,

Oct

22

50 % Jun

17

8% Nov 28

5

Oct

24

16

11

7'

Jun~26~

4%. Oct

18

i Jan^r6

Jan

3

..

Jan

8%

19

octaT

Nov; 5

10%

Apr~L3

Oct

22

17 % Jan

21% Oct

Sep 24

22

24% Oct

16

10;

29% Nov 28

48% May

16% Feb
1
51% Sep 26
29% Apr 18

20%

56% Jun 14
40 V* July 11

25% Oct

14

32% Feb 21

377/s Nov

29% Oct

23

82% Dec

98

79% Oct

25

4

24% Sep
19

'.

•

11

-

N,ov~13
7
Jan 24

31

Apr 24

45% Dec

32

Nov 20

50% Mar 23

37

Dec

74

>

Dec 21

17

Dec

28% Feb

12%
25

Jan

2

25

35% July 19
37% May 8
91

26% Aug 15
24% Oct 22

Jan

28

23

40% July
83

Jan

8
31

11

32% Feb 25

11

55

17% Apr

3

24% Oct

22

3C

39% Jun

Jan

Jan

$3

4

Jan

6

15

Jan

16

12

Oct. 14

42% Apr 30
13% Mar 11

65

Sep

25

75% Apr

28

31

Oct

22

47

Oct
32
13% Dec

43 % Aug 20

34% Feb

11

50

17

16

11

Oct

22

Dec

18

69

Oct

22

-76

40% Dec

1

Sep 19

95% Mar

.

43% Jan 23

-

54% Dec

5

20

24

47% Oct

23% Feb 29

14

Oct

22

15% Feb

1

21% Jun

14% Oct

10

31% Oct

1

63

July 2
19% Jan 29

33

20

Mar

41% Apr 30
102% Jan 16

Apr
83% Oct

1

40% Jun

8

93

32% Mar 15

24% Oct

22

81

98

76

2
33% Feb
21% Nov 26

44% Jan
Jan

28-

97% Ocfc

9

82

Dec
JUB

-Sep-

*

4

22
12

Feb

17

8

88% Jan 29
61
Aug 12
25% May 20
42% July 8-

9

72% Sep

10

89

105% Jan

.3

120

40% Oct

22

*

14% Oct

12

Feb

26

5%

14%

*14;%

14%.

14

22%

22%

23 Va

24

4%

5%

4%

4%

5%

28%

29:%

28%

X29 %

19%

20%

19

5

17%

18%

17%

1,300

14i/a

♦14

24%

5%

23V4

6 J,4

24

6 J/u

30%

29 J/a

30 »/4

29V4

19%

20

20%

21

21%

20%

17%

17%

18

18 Va

18 Va

18%

51

50

50

*50

6%
30

21%

3,300

18%

16,400

52 Va

*50

700

7,300

23,000
48,700

100

4

28

28%

27%

28%

27%

28

28

29

28

30

6,000

30

31%

29%

29%

29%

30%

30

31

30%

31%

3,700

par

No par

*49

52%

Va

80 Va

80

80%

79 Va

80

410

33%

34%

32%

33%

32%

34%

32%

34%

32 Va

33

70,400

25

25%

24%

24%

24%

25%

25

25%

24%

25

6,100

35%

36%'

36%

36%

37%

8,400

80

80

80

80

*79

36%

35%

38%

70%

5

71%

*70

72

*70

72

*70

72

72

*71

72

*71

72

72

72

*71

72

69

*65%

69

*65%

69

*66

69

*66

69

*70%

*65%

35%

35%

27%

27%

27%

50%

50

50

13%

13

13%

_3

25

25%

24%

25

50

27%
*50

13 %

27%

27 Va

27%

27%
51

50%

*50

12%

13%

13

24%

25

♦25

25%

41

*39

41

*50

*39

"

13

*70

27%

72

27%

40

30

1,500

51

140

13

3,600

*25

25%

1,100

*39

41

*50

12%

40

40%

40%

39%

40

50c

12

12 %

12

12%

12

12 Va

12

12%

12

12 Va

5,300

100

66

66

65

66 %

66

66

66

66

65J%

65%

620

1

Robbins Inc

31%

33

31

32%

33

33%

33%

34%

33

34

3

36%

39%

37%

38 %

38

39

38 Va

40

38

38%

8,100

1

11%

11%

11

11%

11%

11%

11 Va

11%

11 J/4

11%

5

-

Publishing

71

71

69

70

70

73%-

72

74

71

71

2,900
1,600

50

51

50%

1
1

-

47%

49%

49%

49%

51

49

49%

15

14

14%

14%

14%

14%

14%

141/2

14%

5,100
2,930

14%

15

14

14%

14

14%

14%

14%

14'/2

14%

2,900

34%

5,000

-_lo.

34%

34 %

35

34 V*

86

84 Va

84 Va

*84 J/8

86

*84 Va

_1

,25%

26%

24%

25%

25

25%

25%

26%

25%

26%

100

77%

78%

78

78

78%

78 %

78'A

78 %

78

78

1

Corp common

48

47

47

33

5

4

% % preferred (1st. series)_
Melville Shoe Corp common
4%

preferred series B:
MengeI Co (The)_;
;
^

100

*

34%

84 %

86

33

*84%

33%

34%

*48 %

49%

48

46%

46%

Inc

3%

19%

20%

19%

19%

20

20%

*20

common

-16%e

36%

38

36%

37 Va

31

39 Va

38

$3.50 preferred

No par

8,400

*14%

18

.

McQnay Norris Mfg Co„

*74%

No par

*103

.No par

41

76

108

41%

*74%
*104

40%

76

109

40%

*74%
108 Va

78

108 Va
41

40%

-

*74'/a

86

47

47

20%

19 Va

20

39

37%

38%

78

*74%

41%

110%
42 %

15%

15%

14%

15 Va

45

47 J/4

42 J/4

109

110

250
260

1,900

33,600

78

42%

109 '

20

5,800

500

1,700

14%

15

39%

42%

40

42

45

47,100
3,900

78

79%

79

79

*79

81

*79

81

79

79

220

100

preferred series

85

85

85

85

*85

88

*85

88

*85

88

60

100

preferred series

__10o

81

*80%

81

81

81

*80

81

10

*79

82

*88

92%

Merrltt-Chapman & Scott—
Mestai

Metropolitan Edison 3.90 %

23

85

Sep

10

104% Jan

9

4.35%

99% Feb 21

75

89

May 23

3.85%

98% Jan

31

77

Aug 30
July 10

108% Apr 25

90

July 25

103

Machine

Cb

preferred series
4.45%- preferred series

I Adjusted figure before 3 for 1 split.

8,200
2,400

51%

Corp comihon
convertible preferred

18

page 28-

51/4
4%

*49

No par

Co

141%

5V4
4%

50

common

Inc

.

5%

31 J/a

31

''

McLellan Stores Co

3-80%

5

*4%

14

No par

pfd

Feb

17

10,000

321/4
5%

31

480

*420

No par

$4 eonv 2nd- preferred
Mergenthaler Linotype Co

Feb 19

30%

21,400

480

*420

21%

No par

Mercantile Stores

6%

31%

14%

No par

McGraw-Edison Co

6%

130

400

4,900
3,200

40

23%

29%

8

101/4

30%

14%

5

a

39

*5

.

July 10
69% Apr 24
21% Jan
8

86% Apr

30

101

31 Va

22%

12.56

common

July 12




5%

*4%

_100

94

see

5%

5 V*

No par

63

For footnotes

5%

4%

31Y*

30

6%

80%

*7%

41%

1

;

28

Jan

5%

31%

678

.

31%

6.25

Jun

'

*

10%

40
•

480

5%

$2.50 preferred

Co

*420

■4%

McCrory Stores

&

480

*436

4%

Exploration

common

Corp
McCord Corp

Merck

31

8

8

10%

42%

29 Va

80%

*80
■

6%

41'%

29%

5%

pfd 1947 series—No

&

6Va

40 V*

28%

6

'

36%

1

McGraw-Hill

500

6%

38%

6

1

preferred

Mead

*430

5

39% Oct- 21

107

31%

%

No par

76

Jan

49%

28%

8

10%

1

preferred

McKesson

5%

38%

1

—50

1

6

64% May 10
102

6

102

19% Oct

29% Feb

May

7

30% Apr 24

July 19
61% July 31
23% Jan
3

27

92:

34% Mar 2L

6

93

27

Dec

1

July 11

116 '

17% Nov 20"
80>

'July

35

27% Feb

3

48

Apr 11

45% Jun 26

24% Feb
8
;77
Deo 10
101% Dec 14

10
i_.

Co

3%%

9%

10

1

-

12

27% Nov 29
9

17

May 14,
July 15

82% Dec-19
Nov

80%

*7%

15% July 18,
McGregor-Doniger Inc class A
122% July 8.J Mclntyre Porcupine Mines
,

22

17% Dec 31-

80

10

McCall

83% Jan 24

8,600

Corp

Maytag Co

9

22,

46

13

28%

80%

27%
80%

9%

cumulative

22

28%

8

$3.40

20

Oct

27%

9%

Feb

Jun

28

8

77

13

27 %

80

cum

26% Oct

27%

9%

$3.75

50

27

8%

Mar 22

9

28%
80%

83

3

27%

preferred

Corp
May Dept Stores
$3.75 preferred

20

41,200

*8

Marshall Field & Co com

4%%

3,100

23i/a

Corp common
4% convertible preferred
Marquette Cement Mfg Co

Martin

26%
116

22'/a

*80

Masonite

8

*111

23%

Midland

35% Jan

69% Nov 28
38% Dec 26

'

.

25%

27 J/4
116

22 3 i

Marchant Calculators Inc
Marine

26 Va
*111

22%

Manning, Maxwell & Moore
Marathon

26%
116

21%

No par

Bros

47% Jan 22

12% Dec 21

4

•,

7

12

Jan

32% Jan

Sec 20
ay 15

11t

25
*111

20%

100

conv

Maracaibo Oil

2

2

Mandel

24%

113%

19%

Manhattan-Shirt
r>

10

35% Oct

7

4

34% Apr
56% Jan

July 17

41% Dec

July

Jun

38

20% Apr
54% Feb

70
Aug 14
70% Aug 27
61% Sep
4

Feb

87% Mar

6

54

50

34

22,

cum

24%
113

22%

Garden——No par

Square

Man atl Sugar Co—
-,

14

22

97

14

70

Oct

17% Oct

48% Mar 19

96% Jan

73% Dec 21

*

3

■

37% May 13
15% July 17

14

26

114

20%

Magma Copper.—
Magnavox Co (The )_<:_—
Mahoning Coal RR Co
Mallory (P R) & Co
:

May 27

9% July 23

25

*113

5

Macy (R H) Co Inc com
4%% preferred series A

4%

12.

476

10

IGq

common

Inc

Magic Chef-Food Giant Mkts Inc_l

2

Mar 13

610

>5% Dec 31
16

MaT 20

30

<1

-

41*

31% NOV 26
473% Dec. 26

t.

MacAndrews & Forbes
6%
preferred

12.50
5

pfd

*80%

81

14%

*86' '2

14%

14%

15%

42%

45 V*

:

100

*79

82

*79

82

*79

82

*79

82

100

*88

92%

*88

92%

*88

92 V*

*82

921/4

45

23

•mm

Financial Chronicle

The Commercial and

24

;

.

(1860)

Monday, October 28, 1957

i

RECORD

NEW YORK STOCK EXCHANGE STOCK
Rouge for rrtrhu
Year ISM
Lowest

47% Jan

Range Since Jan. 1

KUgheit
20

Lowest

;

fl

25% Oct

21

50% Jan

6

30% Jau

2

38% Jun

5

42% Dee

13

20% Aug 26

40% Jan

3

40}

Dec

40

May 28

47

7

142

29% Peb 20

40

10

Midland

126

12

Dec

t.

26% Dec
'

Jan

53

Oct

24

137

21

40

126

-

;

Midwest

Oil

Corp.!

—

25 Va

25%

25%

715%

16%

16%

18

23

18%

''18%

14

Minerals & Chem Corp of Amer_—1

15%

21

24% July 25

21% July 12

Minneapolis <te St Louis Ry—No par
Minn St Paul & S 8 Marie—No par

13%

14%

73% Jan

29

131

"81%

84%

Feb

15

101

74

77%

Dec 21

58

88% Sep

17

0% Oct

21

July
July

9

98% Feb 26

13% Oct

4

24% Jan

3

Oct

6

68

Jan

11

22

Aug 30

33

Jan

3

14% Oct

24

25% Mar

42% Apr

a

22% Oct

22

25% How 21

30% Jan

9% Dec ,10

19

36% Jan 23

..

30% Jun 25

9% Nov 29

17% Jan
81% Jan

60

21

22

19% Oc t

1
1

11
•28% Sep
4
12 Va Jan

14

60% May 24
43% May 27
37% May 23

21

26% Oct

•

35% Apr 26
7% Oct
2

13,

Oct

6

•

49 V* Nov 29

Feb

32% Oct

3

49% Apr 30
40% July 24
36% Aug 14

3

July 23 V

25

16

Jan

18% Mar

91% May 31

22

Oct

22

12% Jan

22

65% Mar

Oct

22

44% Jan

4% Oct

21

Oct

21

11% Apr 12
72% May 1

0 % Oct

23

83% Apr 22

47% May 14
11% Feb 29

28

Oct

3

78

Feb

20

54

67% Oct

2

88

Feb

20

90

31

Industries

preferred

89 V

22%

23%

27

27%

2,800

6%

15,800

6'/a

6 Va

6%

6%

6%

35%

32%

33%

34%

35%

35%

36%

35

36

16.700

21%

19%

20%

20%

21%

20%

21%

20%

21

37,000

27%

28%

27%

27%

29

28%

29%

28%

28%

16,400

0

6

<;

%

5%

26%
.4%

33

37%

30'.4

29 Va

30

5%

62

8

Class R
Monsanto

5

18%

13

Montana Power Co

No par

38%

39

19

Montecatini Mining & Chemical—
American shares
1,000 lira

19'/*
18%

3
14

18% Oct

22

38% Oct 21

Feb

38

Dec

31

18% Jan

10

18% Nov 27
37% Dec 13

49% Nov
32% Mar

Sep 26

36% May 31
40% Jan
7

Monterey

30'% Oct 21
17% Oct

22

25% Jan

24

Moore-McCormack

10% Oct 22

61% Mar 14

30% Jan 23
21

18% Oct

38% Aug
1
46% Apr 17
29% Deo 14
28% Mar 13

22

19% Jan

3

Morrell

2

Motorola Inc

22

35% Feb

13

51% July

38% Oct

8

23

47

Oil Co
Montgomery Ward & Co

10

Jan

7

16% Oct

25

23% Jan

40% May 10

21 % Oct

21

32% Jan

8

Jan

4

36% Deo 21
29% Deo 31
42% Jan
4

45% Jan

11

50

Mar 11

39

Oct

10

50

16% May 28

23

July 18

11% Oct

22

62

62

July 20

43

Oct

23

Oct

24

61

18%

18 Va

9%

18%

10

12%

12

12%

10

lo

*12

7%

7%

6Va

7%

30%

32%

32 Va

19

19%

19%

20%

38%

39 %

39'/*

40

40%

19%

19'/a

19%

19%

19%

20'a

18

Va

19%

19'/a

20%

32 %

30 Va

31

31V*

32%

J:

.

4

Natco

80 Va Jan

8

National

5.400

8%

31 Vz

900

<

52.800

32%

16.100

19%

19%

41 Va

40 Va

41

19%

19%

19%

6.000

20 Va

21%

20

20%

34,600

32%

33

32

32%

39,300

18%

17%

1

4.900

18

18%

6,200

10%

11%

10%

11

10%

11'/*

10%

11

11

11%

6.000

41

42 Vz

38%

40'/a

39%

40%

39 Va

40%

39%

40 %

9.900

59

39

38%

39

38 V*

38 Va

38'%

38%

331.4

38%

17 V*

17

17

17

17%

16%

17 V*

3,200

22%

23

6,500

15%

2.400

17%

19

%

17'/a

18'/*

17%

18 V*

17

17

17

21%

22%

21 Va

21%

21V*

22%

22 Va

22%

5

Inc

18% Jan

2,500

12%

*7%

7.33

18'/a

30%
18Tb

100
400

18 '/a

\a

Va

8'%

8%

18 Va

1

1

May

61%

9

10
5

Corp—

Corp

Munslngwear

July 26

61 %

*8%

3

15%

16

15%

15Tb

15%

15%

15%

16

32%

33'/a

32%

33

31

33 V*

22%

23 Va

23

23%

24%

25%

41%

*39 '/a

41%

1

33%

34

10

Murphy Co (G C)——^
Murray Corp of America
Myers (PE) & Bros

31

22% Oct 22

61'%

9'/a

12
;

Mueller Brass Co

17% Apr 30
38% Jan 11

14% Mar 25
31

42% Apr 13

60 Va

120

54

10

Lines

-

Wheel

Motor

54

60 %

8

24.900
32,100

5%

54

18'/*

30 Va

29

5

54

*8Tb

8

9

21 "a

30%

No par

5Tb

16.100

26,100

28

30

5'/*

6

5%
33 %

55 Va

19%

9

1

(John) &c Co
Products

Motor

11

30% Nor 20
14% Deo 31

18

(The)

12'/a

12 Va

30 '4

2

Utilities Co

Montana-Dakota

19% Oct 21

30% Jan 23

18%

No par
Co—

29

4%

10

20%

49 ya Jun

Jan

A—

-

29%

5%
30%

34 %

18 Ve

10

18%

33%

*54

62

9

6

6:

5%

5% •;
33%

28 Va

5
54

:•

*9%

No par
25

,

■

32%

30%

4%

63

5

5%

34%

*52

54

*61

'r

28

"a

5

4%
54

18

Jun

10,000
"

19%

41% July 11
26% Mar 4

28

700

15

23%
27%

26

47

*14%

.'270

19.200

72

22%

22

39% Jan 26

10

*69

14%

.;

/,

90 *

9%

73

14'/*

14%

.'

*89

10%

10
*70

27%

23

22% Nov 29

89%

89%

10

78

*70

23%

Oct

class

90

9%

10

78

32.800

27

6% Oct

Tool—:

Chemical

8,200

i

16%

5

Inc

RR

77 Va

14%

10

Monon

75%

22'%

30 % Feb

9

80 Va

14%

61% Mar 19

Jar

77%

39,300

26%

16% Nov 29
19

V

v

.

'

22%

33% Nov

18% Nov 29

13%
82

25%

100
100
1.25

;

Machine

13%
79%

26

10

Co

14%
83%

22%

25

Monarch

4,100

'

13%
81%

*14'/a

Oct

Mojud

20

"31.7C0

15%

8% Oct

16

19%

.

..

20

18

18

20

4.500

16%

24%

22

17
Apr
24% Apr
23% Jon

25%"

15Va

.

80

*89

89'/a

9%
*70

28% July 23
24% Jan 12
24% Jan
3

Mar 23

76%

25%

17%

20

19%;

26%'

16%

13%

80%
75%

83

74%

10%

14% Dec 31
13

13%

78

21

Dec

18%

13

82%

25%
:

32%

Inc

preferred

4.20%

18%

12%

200
"

15%

Missouri Pacific RR class A—No par

3%%

*

126

'

22 :!4

100

preferred series A

Mohasco

,

78%

'

90

v

9%
*70

No par

Mlssouri-Kan-Tex RR coin

1%

5.200

44%

44%
126

10

Development Co_
Mississippi River Fuel Corp

8

4

400

33 Va

*31

126 Va

.

5

Mission

8

30% Oct

18.700

-

$4 preferred
No par
Minneapolis Moline Co common—1
$5.50 1st preferred
100
;
$1.50 2nd conv preferred—
25
Minnesota & Ontario Paper
2.50
Minnesota Power & Light—.-No par
Minute Maid Corp_'
;
1
Mission Corp
1

35% Apr

30% Nev 28

76

17%

MinneapoJis-IIoneywell Reg
-1.50
Minn Mining & Mfg coin-,—No par

8

126

26 V.

17%

22

32% Jan

126Va

Ve

20

16% Oct

22

126

129 Va

25%

12% Oct

33

-

126Vb

!30

17% Oct

5.4001-

26%

32%

45%,

45

Shares

26%

33%

*31

45

43%

44

tbe Week

;

•

Oct. 25

26%
33%

26%
32'/*

33 '/a

33 Va

31

43%

45%

44

128

1st preferred

31

33

33

100
10

Feb

76

29% Jan

32%

Rales far,

Friday

,

Oct. 24

26%
33%

26

32%

.—5

Midland Steel Prod common

May 31

26

32

Enterprises Inc—

Ex $25 distribution

July 15
4

25%

32%

8

-

61% Sep 26
96

12

25% Oct

3

Aug 10

i

Feb

38

20%

32%

Inc—

25% July 17
22% May 14
80% July 38
75% May 10
108
Apr
3

Jan 23

68

Jan

'

36% Jan

S

19% Dec 31

,17

Mar 12

25%

Miami Copper
Middle South Utilities

Thursday

Oct. 23

Oct. Z'i

>

PRICES

Wednesday

Tuesday

j

Oct. 21

Pat

EXCHANGE

Jan

23

Monday

YORK STOCK

NEW

Highest

61% Sep

.

26% Sep 26

LOW AND HIGH 8ALE

STOCKS

23%

24%
39

39

No par

*39

,

*39 Va

41

*15%

5.700

31.

31%

6.000

24%

24'/a

6.400

42

*40

100

N

Jan 23

23

Feb

11

Nov 26

35% Jun

17

29% Jun

34% Oct 17
150

Nov 21

22

13% Oct

27

Jan

12

14

July

22

38% Jan

14

National

Aviation

.Jan

2

40% Sep
163 '/a Apr

11

National

Biscuit

35

142% Aug 19

14%

101% Aug 28

18% Jun 20
37% Dec 27

21% Mar 13

123% Aug

22

19% Oct

23 % Jan

22

77% Oct

22

Natl

3

6.900

38%

38%

9,700

145'/*

145'/*

*145 Va

19% Jan

139

2D% Oct

Gas

15%

17

6,200

50%

58%.

58%

59%

56%

59

15,500

31V*

31%

*31 %

31%

31'/*

31 "2

Jan

9

42% Oct

9

9Va Sep

16

8

National

11

Natomas

13% Oct

18

5

Nehi

23

14 Ve Feb

4

Neisner

22

33% Jan

18

96

71 % Oct

11

85

Oct

22

14

77% Jun

19

125% May 7
87% Nov 19

66% Oct

22

July 25
Jan

17

16% Feb

26

17

Jan

3

86

Jan

24

130'/a May 20

Nov 28

78

Dec

31

82

Dec

11

11

New

Mar 11

$5

4

32% Oct

22

383/4 Apr 13

Common

72% Sep
3
26% Oct 22

87

69

July 29

81

9

73

Aug 28

86% Apr

11

18

78

Oct

90

26

43

22% Nov 19

26% Feb

38% Nov 29

May 8
Sep 19

13

22% Aug 18
Apr 13
73% July 18

9

16

Feb

.

7

17

98% Aug 20
18% Apr 10

Jan

Jan

30

18%

19%

20%

20%

21%

75

50% Aug
111

Jtffi

1

45

16% Oct

1

18% Aug

8

96

■

23

Oct

46

fl

Apr 12

5.25%

preferred

21.

Sep 27

Jan

4

58% May 20
107

Mar

493/4 May 31

13% Oct 22

91

Western

&

North

American

5%%

17% Jun 11

Northern

Tob 21

68

Oct

3

78

Aug 28

92

Mar 29

$4.10 preferred series

9

78

Oct

90

Feb

1

$4.08 preferred series

84

Deo

18

102% Jan

8

79

90% Feb

18

24

21%

22

4.400

20%

21%

19%

20%

6,430

32%

33%

32 %

32%

32%

33 %

33

,

21% Jun

8

Oct

1

19% Jan

3

20% Oct

1

28% Jan

C

15% Oct

22

28% Feb

4

Northrop Aircraft Inc

9% Oct

22

17% Jan

4

Northwest

20 % July 23

24% Oct 25

25% Aug 26

38

July 12

4.6%

Norwich

i

For footnotes see page 28.




t

*72%

*

Airlines

preferred

75

75

26%

26%

27%

26Tb

27%

26 T 8

27%

64 Va

67%

*04%

67%

*64%

67%

*64 %

07%

*04-%

67%

71

*68

71

*68

70%

70%

76%

*7S%

77

80

*76

80

*68

76%
*77
98 Va

100

100

*72%

75

71

*74

76

74

74

79

*76

79

*76

79

100

100

100

100

99

99%

240

19%

19%

2.500

30

30%

4,000

59%

60

4,800

*20%

21

76%

100

70%

19

19 V*

19

V*

19%

19%

19 Va

30%

29

30

29%

30%

29%

30%

59

60

V*

57%

58%

58'.*

59%

59%

59%

21%

*20%

21V*

*20%

21%

*20%

24%

25%

25 Va

26%

25 Va

1

26%
,

*

10 V*

15%

•

*67

lo

46

46%

47

.

21

26%

16%

.

68%

48

48%

21%

;

16%
67 %

22%

22%

15%

69%

16V*
67

47

48%

47%

48

97

97

97%

97

35V*

34%

35%

34

34%

14 "2

15

15 Va

15%

' 15%

15%

68 Tb

69

68

68%

Co

»

12,800

97

33%

''

i

181,200

16 %

/ *68%

16

*

68

46

68

.

120

67

16 Va

*67

50

600

*68

76%

*76

20%

*20%

25,800

.

1

230

*

•
.

'

com

<.

*97

97

99

5

32%

35

5

15'/*

15%

69%

98%

«
.

32%

33%

13%

15%

/
•

:

*96

,

,

'

.

68'

68

09%

*68

69

*80'

82 %

80

80

*78

80

*78

80

*78

100

*79

80

79

79

*79

80

*79

80

*79

100

80

80

*78

80

100
;

.210

common

1

'

i

*82

85

*82

2

•

I

■

19,500
280

<;

•*

80

85

IDo

-

'

70,000
'

-

100

.•

7,200

„■

1

18%

•

-

19%

*78

81

80

80

*78

80

*82

85

*82

85

*82

85

15%

18

16%

17%

17%

•

80

.

17 Va

13%

20
-

)

;

:

60

17%

41,500

10%

15,300

10

10

10%

9%

9%

10%

10

10%%

10

24 %

24%

24 Va

24%

23%

24 V2

24%

24%

24%

24%

.960

1.25

28 V*

29

28

28'%

28%

29%

29%

30

29%

30%

11,600

10

-

;

\

;2o

•

25

Inc
—

Pharmacal

9,200
30

75

26 %

*72%

19%

1

33'/a
75

75

27 Va

30%

25

:

32%

33%

75

26%

5
25

$3.60 preferred series—5

5

5.300

7%

22%

21%

$4.16 preferred series ;

Feb

7%

8%

8

23%

19%

$4.11 preferred series

92

8"*

7

7%

21 %

;

Jan

Aug 21
79% Oct
1

6%

7%

States Pwr Co (Minn)—

101% Jan

99% July 28
29% Jan 13

~10

19%

•

9

85% Deo 18

7 "2

100

preferred
Pacific Ry

Common

Feb 14

103

275

22%

Aviation

12

82

*98
>210

18%

Ry common

Deo

8

103
275

2

Deo

24

*98
*210

21

100

82

»

103

275

20

v

84

103

60

77

77

*98

No par

Northeast Capital Corp_
Northern Central Ry Co_
Northern Natural Gas Co

Northern

7

25,700

23%

Adjustment preferred ;

8

32% Oct 21

143,500
/

18%

__

3

4

Oct

21 »/2

*210

260.

4,000

19'a

21%

79

*76

79

*76

75
103

220

18»/a

21%

23

Niagara Share

39% Jan

20% Oct

75
*98
>

20 V*

19

21 Va

1

I

100

9

24% July 17

35% Oct

72% Dec 17

18 %

19%

—100

,

24% Jan

79

3

74

21%

17%

No par

20% Aug i.4

15% Oct 22

Jan

72%
21'/a

Va

220

9,600
-12.00G

73%

19%

103

71

71,

21%

21%

75

28,200

14Tb
78

*75

71V*

19%

220

10

20%

17%

*98

500

1,900

21

20%

50

14%

14%

1,100

11%
27

74

*72

74%

14.200

70%

68

20%

No par

series A

Norfolk

67

>

%

70%

20%

N6 par

.»

5%

3

49% Sep
7
25% Oct 19

71%

Va

26%

78

*75

73%

70

67%

York Shipbuilding Corp
Y State Electric Gas Corp—

703/4 Jan

88

14%

14%!
78

*75

74

Niagara Mhk Pwr Coia) com—No par
3.40% preferred
100
3.60% preferred
100
3.90% preferred
100
4.10% preferred
100

102% July 15
253/4 July 18

14

*11

.8,300

5%
14%

*5VB

14

1.300

9

Y New Haven & Hartford Co—

57% Oct 22

22

14%

14%
78

09%

20

Corp.:
Nopco Chemical Co

Oct

66%

69%

Harlem RR Co

39'/a May 17

29

*75

73%

20%

$3.75 preferred

Jan

14

78

1

New

1

15

'

15

preferred

64% Jan

91

4

77% Dec 28

non-cum

Y &

*72

74

74

5

1

York Dock common

11

98% Jan

5 V*

13%

13%

No par

Brake

18% Oct

N

*72

14 Va

1

68

Oct

Air

26

72 %

*75

York Central

York

%

72%

10

Chicago <te St Louis Co

Y

13

i% pfd_100

Newport News Ship & Dry Dock

Preferred

103

18% May 25
33% Jan
60% Jan

England Electric System

New Jersey Pr & Lt Co
Newmont Mining Corp

N

73

13%

13 "2

5

74

N

1

4%

*72

New

July

5%

8

11%

36% July 25
29 V* Jan 10

64

5%

5

8

9

27

39% Mar 27

69% Nov 29

4%

9%

7%
*7%

9%

11%

22

31% Mar 1
73% Feb 14

5

9%

8
8

8%

27

Common

34% Feb 28
85% Feb 23

8%

8
9%

11%

22

Apr

9%

7%
*7:%

8

7%

27%

14

6

7%

7 Va

9

11 %

15

Mar

7%

7%

26%

94

4

7%

8

11%

N

75% Nov 28
28% Dec
6

8%

7%

27 %

Jan

Nov 26

24,100

7%

%

17

~

13,000

13%

41% Jan

68

50,500

40

*11 %

22

19

36%

39%

13%

19% Oct

21

34%

39%

11%

22

3
3

37'/*

39 Va

27%

Oct

Jan

35:%

40%

11%

17% Oct

Mar 28

36%

27%

New

Apr 22

34:,a

39''3

1
Inc

July 29

87

34
42

1

Corp

84'/a Jan

103

33

40%

Newberry Co (J J) common—No par
3%% preferred
100

New

1,000

35%

42%

1

Co

Co

6% Oct

30

64% Jan

34% Deo

Fibre

28

351

16%

32%

1

22

77

16%

10%

42

1

Vulcanized

Bros

1,900
6.800
'

1

22

98% Aug 13

31%

5
Inc

19% Oct

220

30%

31 Va

13%
32

*13

5

Pa

67 % Oct

7

31%

No par

Radiator

S

17

12% Nov 27
21

—

(The)

Oct

g

32% Dec 26
Jun

U

National

Corp

Sugar Ref Co__

National Theatres

11

Jan

Corp
Corp

National Supply
National Tea Co

May 17

Feb

Shares

National

26% Oct

Jan

30

128

>127%

128

14%

11% Oct

91

128

31%

3

107

128

15%

3

17% Mar 19

600

*127

170

57:%

22

6

128%

51.400

14%

4% Oct

26

128%

93%
146%

55%

14% Jan

July 24

100

90

92%
146%

59%

11

Jan

*145

16

23

Sep

145

15%

22

94%

145

57%

21

76

146%

10

8% Oct

33% May 18

144

No par

7% Oct

11

147''a

13 V*

7% Oct

32% Nov 29

145

99%
146'/a

94 Va

97%

100

33%

13
11

26% Sep

17,500
21,600

85

13

Mar 29

33% Apr 30
47% Jan
3

17%

37%

84 %

31%

39% July 30

May 28

91%

90 %

17'/*
36 V*

88

13'/*

15

23% Nov 29

88%

94

17%
38%

*86 Va

33

2

14

86

86%

6

17 V*

36%

17%
38%

86

31%

21

fl

16%
36%

86%

13%

36% Jan

17% Sep
97% Feb

16%
36 V*

86%

30%

13% May 28
13% Dec 21

21

16%
35%

4

88

13%

3

Mar 13

No par
common

16%
38»

*86%

13

Jan

6

16%
37

10

29 Va

31% Dec

887/» Jan 20

79

31 %

bl

16% Apr 26

21V*

78 Va

13 %

32% Oct

3

20%

77%

128%

37% Mar 11

Jan

21

77%

Co

Service

National Steel

14

10%

77'/*

13

National

8% Mar

15

20'/a

77 V*

30

21% July 18

>

14 %

19%

81

'127

80% Jan

9% Apr

15%
20%

1

Linen

22

17

15 %

20%

*78%

5

9,700

.

No par

6%

22

12% Oct

600

15

Natl Malleable & Steel Cast

22

13

39.300

80%

14%

National

14% Oct

15

20%

15 V*

6.900

4

55% Oct

Oct

20%
*77 %

14%

%

4

30% Oct

7

15%

35

23

Sep 10

12% Feb

*14%

35 V*

Jan

20

10% Dec 26

15.200

35

35

15'4 Sep

77% Aug 17
87% Nov
•
48

9,300

35%

34%

36

47% Jan

22

20

13

35 V*

35 Va

21

33 Va

35 Va

100

preferred A
preferred B

20

Dec

22

34 V*

35%

20%

33 Va

36%

com..5

pfd series of 1951

Jan

36

21%

36 V*

20 Va
31%

20%

33%

36

Gypsum Co common—-.1

124% Aug 23
12% Apr 12

21 %

20 "a

32%

Fuel

Mar 12

23.200

20%

$4.50 preferred
National Lead Co

153

54 '/*

1

National

30

52'*

1

National

7%

55

54

8
8

54'/*

55

4

16

8,300

55

10%

54

25

July

10%

10%

July

138

10 V*

56%

Jan

162'/a Apr

10%

10

46

21

10 V*

55

20%

180

147

10 Vz

5

97

143% Aug 20

14% Sep
«
48% Oct 24

'

10

22

86% Oct

9

146

146

148

10

22

31

t

10

Register—

Department Stores
Distillers
Chem Corp

4%9i

146%

146 Va

146

100

Dairy Products

16% Jan

14

13,*700

23%

38 Va

Aug 22

Jan

33% Dec 28

-

11'*

"a

37%

16% Oct
84

179

6

.

11
23

38'/*

National

9

28% May 21
101% Apr

10

14

41

UV*
23%

37%

35% Oct

61% Apr 13
105% Feb 23

28

76% Jan 23

104

11 Va
22 V*

38%

5

10

16% Jan

11%

22%

38

National City Lines Inc
National Cylinder Gas Co

92% Deo 17

440

11V*
21 %

39

National

Oct

21% Mar 19

50

11%
22'/*

38%

24% May 22
50% July 11
38% Mar 18

12
20

Nov

11

20%

22

Feb
Jun

79

11%

23%

20'/» Oct
30

Deo

common

11%
22%

National

23

2,300

5
lo

7%

Cash

15

1

Inc_

9

8

75

Co

V*

13%

15 Va

14%

1
Fibres

Corp

4

July 20

42% Aug 14
25% Jun 27
29% Oct 11

5% July 18

16,300

15% Jan

33% Dec

64

2,100

46'/a
15'/a

70% Jun

26% May 14

Nov

12%

*45%

15%

12

11

32% Feb

12 Va

46 Va

15%

21

10

11% Jan

12%

44%

15%

46% Feb

Feb

132

12%

45'/*

14%

15% AU( 17

Apr

Dec

12%

43

14

69

34% Jan 23

154

12

43%

Oct

20

Dec

12 V*

43

Airlines

National Automotive

9

11%

44%

10

20

93

National

3

12%

43%

preferred ANational Can Corp

11% May 24
34% Feb 13

20% Feb

8

30

Feb

11

12%

1

Acme Co

20% Oct

16% Mar 19
42% Apr 18
39% Jan 24
179
Jan 30

8

5

Corp

1
♦

Volume

186

Number 5685

.

.

The Commercial and Financial Chronicle

.

(1861)

NEW YORK STOCK EXCHANGE STOCK
RECORD

Range for Previous

STOCKS

Year 19f>6

Lowest

Range Since Jan.

Highest

Lowest

1

Dec

14

58% Aug 13
110% J«*i
4

42% Oct
83% Oct

24

7«% Jun

27

22

90 % Dec

13

18

Dec

20

100

Jan

5

S5

Dec

13

110

Jan

11

109% Feb

10

88

52% May 9
101% Mar 18

89% Aug 12

82y2 Dec

31

33% Jan

4

34% Jan

1

48

Pat

Nov

44% Jun

14

18

Jan

3

97

Jan

15

22% Oct

28% Mar

2

39% Oct 22

2

97

17% Jan

9
9

14

22

10

50% July 26

61% July 11

Sep 23

8% Oct
Oct

7

129

July 11
13% Jan 11

July

Shares

43 Va

44%

43%

43%

86

86

*84

86

84 %

84%

83%

84

84%

81

*80

81

80

80

81

81

*80%

81

*88%

91

*88%

91

*88%

91

91

*88%

91

*87 Va

89

*87%

89

*81

88%

88

*86%

88%

~50

31 %

31%

43,200

37

37 %

12,800

Ohio

Oil

22

Oklahoma
4%

Oklahoma

37% Jun

U

86

19

Outlet

17

Mar 26

15% Oct

91

21

27

84

July 5
July 11

36% Oct

Nov

50% Oct

21

6

106

Oct

89

Oct

14

25% Oct

22

43

Mar 13

88% AVE 26

96

Jan

,

35

Jan

90

Nov 30

27

18

51% May

9

102% Jan

13

10

ivt

■«

47J# Jan 22

17% Jan

22

9*4 Jan

7

Oct

10

Sep

i

16% Jan

31

Oct
2
,47
35% Nov 29

,16%

2

26% Jan

9

43% Apr
61% Jun

8

22

Jan

33% Jan

21

16

'

40

Jan

12

54

Jan

12

33% Sop 25
20% Oct 21

142% July 16

26

6>/a Dec

Jan

43% Oct

112% Oct 22

.30% Nov 29
Dec

27

53% Mar 28

122% Sep 28
128

17% Jan 22

40

31% Oct 31

152 % Feb

28

9

Jan 27

,

9

Mar

22

39% Apr
33% Jan
132

119% Oct 23

9

4

Jun

13

10
9

7

187% Mar 12

22

12% Oct

21% Mar 20

Oct

Marine

22

7% Apr 22
19% Jan

4%

4

<48% Dec
86

13

53

Dec

26

31

Dec

103

Jan

6

84% July 23

96

36% Jan

3

28

86% Jun

>27% Nov 29
29

Aug 27

42% Dec

22

66% Jan

22

16

ll

10

38% Jun

24

45% Mar 29

57% Apr 17

42% Feb

12

8

30% Jan

18% Oct

22

62% July 25
26% Jan
2

12% Jan 23
3% Oct

17% Dec

2

14% Jun

27

Nov 27
20% Dec 21
25% Nov 14

31

Apr

28

Oct

14

39

Jan

7

24% Jun

21

23% Sep

9

22 % Sop
75
-Jun

20

28

27

85% Mar 13

21

Oct

22

40% Jan

2

12% Oct

21

16

2

Jan

9

'

43% July 11
16% Jun 18

66% Sep

49% Feb 29

68

43% Nov 26

Dec

6
3
2

19

109

21

Nov 29

28

11

Dec

19% Jan

Feb

♦

70% July 12

64% July 19

72

45% Jan

9

106

Jan

29

87% Oct

29

25
21

101

Jan

25

14% Oct 21
4% Oct 22

Mar 29

22% Jan
13% Jan

7
9

25% Jan

8

Rust

prior

23

85

16% Oct

2

10

93% Oct

4

35% Dec

Oct

25

14% Oct

22

20% Jun

7

21

5% Aug

7

3

51% Oct 26

19
28

17

102

Feb

Dec

12

65% July 15

85% Sep

10

97

Feb

25

25

63% Jan

2

34% Oct

26% Mar 14
112% Jan 13

84 % Dec

2
98% Mar 28

41% Oct

40% Mar 23

10

96% Dec

Oct

42% Feb

Apr 17
76% Mar 19

20% Dec

93

9

25

92

107

54% Jan 23

24% May
60% Aug

45 % Feb

1

22 % Apr 12
7% Mar 12

3% Nov 26
37% Feb

16% Oct 21

3

Mar

21

40% May 21

19% Aug 14
93% Sep 17

24

77

87

Aug

23

$1

94% Feb

12

6.80%

106

Jan

4

10

109% Jan

10

Aug 26
99% Sop 23

29% Nov

19

21% Oct

22

16

Dec

5

36% Mar 13

21% Oct

22

31 % Apr 22
18% Apr 15

64

Dec

26

91

88% Jan 16

47

54 % Oct
38% Oct

23

1

21

45% Mar

70

Sep

11

82

69

Aug 13

39% Oct

Dec

Feb

3

July 11
94% Mar 12

78% Nov 27

91

3

Mar

5

104% Feb 19
(0b

iun

Feb

77% Feb

6

4.68%
Phila

series

45%

44%

45 %

35

%<

36

37

36%

21

21 Va

36 Va
21%

114'/a

114%

20%

36%

35%

20%

20

20%

114

116%

112

%r 114%

121 %

121%

121

121

4%

4%

■:<

4

20

4%

20%
'

115

116% '

121

;

121

121%

4

12%

40%

36'%

.

20

115%

119%

%.

xl2%

36'% *

112%

4%

12%

120

4%

4%

13%

12%

43%

43

4%

11,700

"

1,700
,7,580

121%

13

13

200

17,300

520

4%

13,700

13

53,800

41%

43

44-%

88%

*86

88%

*86

88%

29%

31%

28

29%

28%

1

*38%

*86

29%

88

29 V3

42%
%■

43%

*86

17,400

88 Va

30%

29

•38%

40

38%

56 %

58

57%

19'%

20%

20

17%

17

%

29%

■

17,100

39

40%

53%

55

55%

57%

18%

19

18'%

19

No par
——1

17%

18

17

17%

17%

17%

2%

2%

2%

2%

2%

2%

2%

3

2%

3

_5

7%

8

7%

7%

7%

8%

8%

8%

8%

8 %

25

29 %

20%

19%

20

19%

21

21%

22

20%

20%

1,500

26%

27%

26%

26%

26%

27%

27 Vb

27%

27

27

2,200

•40

50

*21%

23

*22%

24%

*22%

24

40
.

*17

50

*30

50

*30

50

*40

50

*22%

23%

*21%

23

*21%

23

*21%

23

*22%

24%

*22%

24%

*22%

24%

*22%

24 %

24

*22%

24

*22%

24

*45

-

150

58%
•

13,300

3,200'

20 «/a

17

t

"

38%

„

„

3,800
;

8,900

31,600

:

*22%

*22%

24

,,11
21%

77%

75%

76%

76%

78

78%

79%

22%

21

22%

24%

23%

24%

1

12%

13 %

12%

12%

22%
12%

13%

13

13%

49 %

49%

50

50

51

51'%

51%

49%
51%

50%

50%

*50%

40%

41%

39%

40%

40%

40%

40%

41%

41%

41%

93

91%

93

91%

92

91

91%

90%

91%

88%

88%

88%

88%

88%

89'/a

14%

15

153.,

15%

16

15%

89%
15%

139,700

4%

4%

5

4%

4%

94,600

...

*91

-,

87 %

90%

87%

14%

15%

14%

4%

52

.

78'/a
24 '

12%

13%

51%

*51 %

52%

52

*50

78
23

*50

52

.

i

5,200
-

.

*

30,900
13,900

3,200
200

8,400
-

5%

280

16%

16%

13%

15

15%

14%

14%

5

*32%

32%

*32%

32%

*32%

33

32 %

32%

*32%

32 %

25

37%

38%

36%

373?

37

38

36%»

37%

36 Va

37

52%

46

46

42

42

42 %

42%

*43 Va

45

16,100
1,200

17%

18%

17%

63,600

16

40

*46

4%

4%'

16%

17%

48 %

48%

*47

48

94

*92

94

*92

14%

16%

15

47

3

48%

*88%
41%

3

*47

49

*46

48

*92

93

92

92

15%

15

15 %

5,400

3%

8,100

50%

23,300

15%

15%

3 %

3%

3

47%

41%

i

48%
88%

8834

*89

42 %

*88%

17%

200

48

94

45%

94
43 %

14%

3%

17%

8,500

94

47%
*92

14%

14%

3%

3

16%

17%

15

41%

43 3 u

42

43%.

35%

35%

3'/a

35%

50%

50%

51%

50

91

*89%
"

41

Va'

600
30

91

50

42

30,600

79

*90%

9?

90%

90^4

88 %

77

90 %

35%

10,300

22%

21%

22

22%

23

22

12

12 %

11

11%

11%

1234

54%

57%

100

57%

57%

5

38%

39%

*70%

74

*70%

100

*65

70

*65

1

♦95

5

36

25

42

No par
1
2

38%

8%

8

100

*90

com

57%

♦99

57%

39%

88%

*99

100 Va

22 Va

22

12%

13%

12%

13

56

56 %

*55%

40

39»/a

*70%

78

*70%

70

*65

70

*65

70

*65

Va

60

21,100

35,500
250

78

70

39%

8

7%

98

95%

95%
38%

41%

37%

36%

37

37

40%

42

41%

90

90

200

58

393 a

78

39 %

7

91 %

*87

23

*70%

42%

%

%

77

*95

98

88 '/a

*99

100%

22

100

100%

87

100 V4

♦100

35%
*20 Va

,,

•

*90

7%

8

*7%

8%

39%

7%

17,800

4,200

98

95

95

37%

39%

37%

37%

100,000

41%

41%

41%

41%

4,600

*95

*90

91

110

*90

91%

11%

14%

11%

12 %

12%

14

14

14%

13%

14

9,200

44

48

45%

46%

49

51

49

51

47 Va

48'/a

5,200

18%

11,600

18%

91%

50

%

10

17%

15%

18 %

16%

13

No par
No par

86

86%

86%

*84%

86

*84%

89

*84 %

85%

*84%

89

85%

85%

*84%

87 %

*84%

87

*f54%

88

Pitts Consolidation Coal Co

1

29%

32

30

31 %

31%

Pittsburgh Forgings Co

1

15 %

16

14%

15

Pitts Ft Wayne 81 Chic Ry com_100

*139%

147

*139%

147

$4.80

600

•

4%
15%

10

preferred

IS convertible

Mar 26

20% May 16

45%

100

Pitts Coke & Chem

22

45 Va

3
100

27% Mar 20

14% Oct

44%

1

22

20 % July 27

45;

36%

-

-

100
100

22

8

%

100

8r *■;

16% Jun

43

350

15% Oct
84% Oct

21

46%

130

$4 preferred
Piper Aircraft Corp
Pltney-Bowes Inc__.

29% Oct

45

600

2,300

)

77%

May 6
21% Apr 23
70% July 13

19

36%

20

77%

5

50% Nov

36

*18

77

21

13

36%

20

77%

21

32% Feb

36%

*18

77%

Feb

93

36 Va

78

11% Oct

98% May 15
46% Jan
7

35 %

77%

44

9

36

79%

89

4

*18%

35%

97%

3

10

6,000

18

36

,

21

May"!
Apr

20

20

35%

*18

96%

Pillsbury Mills Inc common

Apr

,11%

97%

3

96

10%

11%

21

44% Jan

28% July 25

10%

11%

8

*20%

39% Jun 26

100

10%

11%

*96 %

3

7

1»%

a.2%

35%

17

9

1»%

98

4

26

10%
*11%

20 %

63% Jan

Dec

19%
aa%

11%
ia

98

22

Dec

7%

10

11%

20'%

36% Oct

86

8%

U%

11%

3434

56% Dec

89

4,400

8 Vu

10%

1

20%

1

22% Feb

8

8'4

5

98

40 % Dec

94

90

34%

46% Oct

Oct

1,600
5,100

90

97%

Phillips-Van Heusen Corp
5% preferred
Phillips Petroleum

Feb

90

27%

*88%

*20%

3

70%

8

90

21%

2

102

7%

90

27%

91

28%

27

*88%

35%

13% Jan

3

7%

*90

98

96% Jan

9

90

34%

22

Jan

90 \
27

*88 %

•96

21

Oct

90

25%

90

18%

Corp common
3%% preferred series A
Philip Morris Inc common
4% preferred
3.90%

90
27

•20 %

Oct

45

7

90

25%
*88%

53:%

Pbilco

4

90

41

preferred
Reading Corp

&

90

29%.

89

100
100

94% Jan

89

90

26%

--

No par

99% Mar 14
59% Jan

13,900

No par

15% Jan

10

55%

common

8

7

53%

*15%

18%

preferred
preferred—
preferred

12% May 29

16

55'4

No par

96

May

55

15%

preference com

conv

4.30%

3

12

54%

100
33Vac

common—

Phila Electric Co
4.40%

14

52%

preferred
100
Petroleum Corp of Amer
1
Pfeiffer Brewing Co
8
Pfizer (Chas) & Co Inc common
1
4% 2nd preferred (conv)
100
Phelps-Dodge Corp
12.50

I

23

53%

4%%

6

Dec
-

Pet Milk Co

Feb

Jan

103

19,600

52

79

52%

Pepsi-Coia Co

105% Apr

9

41%

54%

79

41

Peoria & Eastern Ry Co

Jan

15 %

50%

42%

Penn-Texas

42

54

78%

10

35

26% May 18

15%

40%

100

49% Apr

105

79

*78

_100

22

27

73%

350

*15%

1
No par

11

Dec

80,300

10

Corp
Corp
Light com
4%% preferred
4.40% series preferred
Pennsylvania RR
Sand

&

23

92

11,400

22%

44

41

Chemicals

13% Oct

45% Nov 20

40%

21 %

41%

*86

„

36% Oct
24

39%

22%

1

32% Oct

18% Oct

40%

22 Va

25

6

Oct

39 %

21%

No par

Penney (J C) Co
Penn-Dlxie Cement Corp
Pennroad Corp (The)

13

3

39%

19%

70%

43

25

35% Feb
Jan

►

70%

71

21,100

39%

No par

common

31% Jan

96

70%

9Va

No par
2.50

Co

1

12

1,600

70%

70

1

preferred—

Telep

Glass

82.700

97

8%

*15%

13

preferred
preferred

Power

41 Va

*96

9%

3.50

Proof

27

Sep

19%

100

32% pet
64

40%

18%

12%

Corp common
$1.60 preferred
Peoples Drug Stores Inc
Peoples Gas Light & Coke

24
Apr 26

38%

39%

97

8%

Pipe Lino—

21 % Jun

Feb 25

41%

42%

8%

38%

70%

201

41%
*96

8,200

39%

25

Penn

70

24%

79

|1 preferred

Penna

97

74

8%

500
10

23%

15%

61.32

Pennsalt

42 %

97

'8%

23%

37%

No par

Transportation

conv

61.30

40%

99%

No par

Peninsular

May 31

July

Corp

Penick & Ford

5

90% Oct

13

17

Jun

40%

%

23

*76%

—25

Patino Mines & Enterprises
Peabody Coal Co common

28% May 16

49% Oct 21
49% May 16

12

48% Jan
112% Mar

27

57

28% Jun

23%

*15 %

10

Parke Davis & Co

6%

22%

15%

,2$

,

preferred—

Parmelee

23%

39 %

Mills

Parker

22%

79

6

Paramount Pictures Corp
Park & Tilford Distillers Corp

10

13

101

45% Jan 23

Dtec

19% Oct 22
24% Jun
3

2

28% Mar 27

30

"92% Dec

22 Ys May
I
4% Jan 24

12% Jan

24% Mar 26

23

Nov

21

21

41% Mar 12

78% Nov 29
13

21

Jun

18

2% Oct
7% Oct

29% Jan

11

30% Jan

16% Jan

25

37

27% Sep 26

Oct

20

6%(Marl2

.10% Sep 26

26

9

84

36%

Inc

Common

4%

*81

79

No par
Pacific Telep & Teleg common—100
8% preferred
100
Pacific Tin Consolidated Corp—
1
Pan Amer World Airways Inc
1

May 17

4

40% Jan
23% Jun

91

Oct

84

*82

*15%

15

Electric

'

*40% Oct

♦81

82

18 %

100

preferred
Pacific Finance Corp„

East

84

82

24

6.25

5%

Pannantfie

17 Va

40

No par

Pacific Lighting

*16%

1

common

Pacific Amer Fisheries

Pacific

17%

1

IPacific Oeaieat & Aggregates Inc
Pacific Coast Co umminftn

&

37 %

*16%

8

Nppar

Corp

preferred—

Pacific Gas

32%

36%

16%

97

6.25

(The)

Paper Co

31%

36%

39%

72

cumul preferred

$5

31%

16%

9%

30c
...

....

Corp

30'%
35%

40%

100

330
110

17

99%

is

8,100

84%

35%

99%
8

45

30%

39%
-

88

44%

16%

5

1

*88%

44%

35%

84

23 %

44 Va

44

29%
-

100

Corp

Co_

Oxford

16

21

Oct

*82

7.50

Overland

3

22

18

17%

Gas

Owens Corning Fiberglas
Owens-Illinois Glass Co

Jan

104

21

Nov"27

35%

42%

31 %

35

series

16% July 15

Oct

28%

10

30

*17

ioo

Co

68

66% July 25

•

11% Oct
23% Feb

4.24%

Natural

Outboard

2
15

Apr

Elec

com—10
20

&

Olin Mathieson Chemical Corp—
Common

21

73

No'par

Gas

preferred

Preferred

22

Nov 20

98 % Dec

Co

Conv preference 1951 series
Oliver Corp common
4%% convertible preferred
Otia Elevator

60

*

Oct. 25

81

38% Oct

23

12

90% May 31
49% Jun 19

21

59

71

the Wmk

Friday

Oct. 21

ioc

ioo

21

Oct

common

„ioo

95%

it

Sales for

Thursday

ioo

18% Oct

f

PRICES

preferred—
preferred

May 2
16 % Sep 10

»

SALE

Oct. 28

preferred

preferred

35

107% Jan

77

,

HIGH

Wednesday

Oct. 22

4.40%

4.44%

16% Sep 26
81% July 24

62% Aug
130% Aug

20

33 % Feb

■

Tuesday

Oct. 21

3.90%

4.56%

4

26

Co

99% Mar 25

21

44% Jan

Jun

Edison

1

22

29% July 16

11
May 28
e0% Dec 31

Ohio

29

29% Oct

104

Nov 29

105

Jan

19% July 13

10

17% Nov

Jun

89

103% Mar

47 % Apr
3
43
July 10

97% May 29
*3% Jan
3

,

Monday

EXCHANGE

o

49

.

LOW AND

NEW TORK STOCK

Highest

Co com

preferred

preferred

(conv)

86

15

17%

33

33%

33

15%

17%

18%

15%

32

15%

15%

40
100

32%

14,300

15%

4,800

I
149

Dec

11

163% Jan

16

142

Aug 23

150

Jun

140

Dec

21

170

Jan

23

134

Jun

25

150

15% Oct
14

Jan

10

96% Apr
8% Sep

3

64

6% Feb

10

24% Feb
78

81% Dec

21

Pitts

85% Jan

10

Pittsburgh

6% Oct

22

10% Oct

21

37% Jan

4

4
27

67

17

80% Feb

7

7

23% Nov 19

73% Oct

11

85

Jan

23

19% Oct

22

29% July 25

10

guaranteed

6

31% Jun

8

35% May 14

23

7%

Feb

22

Oct

17

39% Dec
84% Apr
92% Apr

9

Oct

13

Oct

8% July 19

128

5%

preferred

class A
1st series prior pfd

5%%

Pittsburgh

Si

West

July 12
44% Oct 22

135

Mar 29

Pittsburgh Young &

71% Nov 19

84

Jun

18

Pitts ton Co

Dec

31

90

Dec

68% Oct 21

117

Jun

20

13

Jun

25

16

Apr 20

3Q% Jan

23

40% Apr

22.

Jan

23

6
38% Aug 20

21

Dec

11

23% Mar

Dec

28

Feb

155

36% Jan 24

1

31

12

20% Sep

3

22

38

Jun

7

19

32% July 23

Oct

22
24

22 %

Tan

16

Pod*

&

21

31

65
Aug 10
10% May 2

44% Jun

7% Dec

4% Oct

22

63% Dec

27

74

64

37% Dec

15

10

Dec

1

-

Mar

51% Sep 18
9% May 15

1

72

Aug

May 20

49% July 25

22

48

33% Oct

22

65

.Oct

11

26% Jan

30

20% Sep

4

26% Mar 14

19% Sep

Procter

Electric

May 9
79% Mar 19

26

21% Dec

5

108

Nov

31

Dec

26% Dec

120

29
• •

July 25
35% Mar 8

3

,

11

32% Jan
103% Feb

26

89% Dec

17

.22 % Jan

3

62% Oct

1

37% Jan

104

24

Power Co

Psr footnotes




61% Apr
see

24% Jun
77

preferred
4.32% preferred
4.16%
preferred
4.20%
preferred

page

5
2fl

4

Feb

7

82% Feb

4

28

Feb

29

4

6%

/

81% Oct
i

23

)t>

20

Oct

22

50

Oct

10

80% May 22
66% Apr 24

Pullman

80% Oct

23

48% Jun

Pure

Mar 13
rt

1

6

Oil

6%

7

6;%

18%

16%

68%

*67%

69

*67

76%

*74

78

*76

139

20%
-

22

19%

128

*120

17%

17%

20

20%

128

*120

7^7%

7% :
19%

19%

68%

12,300

*76

77

77

21

21%
128

*120

.

18%

,

*67

78

«'

18,300

70%

7.

! 20%

21%
128

18%

68 %

*67

110

18%
69%

19%

9,100
28.400

68
.

20%
•

7%
19

*120

30
100

78
21

-.

4,000

128

47%

52%

44%

48%

75
2.50

68%

76

68 %

72 %

18

18

18

1814

18%

18%"

18%

18%

18%

18 Va

25%

26 %

25%

26

25%

27%

27%

28 %

27%

28

20%

22%

19

2034

19%

22%

22%

23%

22 Vb

22%

11,500

10

21%

21%

21%

21%

21%

21%

21

21 %

21 Va

21%

5,900

com

48

48%

48%

47%

49

47%

47%

12-200

5%

22,700

t

50

x47%

r>

5%

4%

69%

*68%

39%

33%

—J

78

5%

37%

38%

33%

33%

67%

66

66

*65 %

67

*19%

21

*19%

21

*19

22

*19%

21

*19%

21

*1934

21

*102%

106

*102%

110

...

*

,

106

*100

28%

29%

28%

25

25%

25

*80

81%

79

*81%

83 %

*83

x22%

84%
22%

50%

51%

31

32%

"

1

38%

1

28% 1
80

28 %

:

*81%

83% '

-83

-

83

34%

25%
*79 %

25%
'

*81%
81%

*

28%

25%
81

83%

." 20

22%'

50%

51%

30%

31%

20%

23

51%

.

.

5314

3lis

33%

5%

1

39%

34

1

34%

*65%

21

*19%

r

*102%

110

;

..

.

21

I

47%
*74

5%

49%
82

31,200
8,400
; 1,300

7,400

69

38%

38%

4,000

34 %

34%

8,200

*65 Va

67

*19Vs

I

,

69

69

38 Va

„

.

67

*19%

40

21

*10(2%

110

21

*19%

.

110

28%

28%

28 Va

28%

32,900

25%

25%

25%

25%

3,600

T

*79'%

81%

80%

80%

•

*81%

83%

*81%

■'

83

'

.

5%

38%

33%

,

52%
78'%

*68%

69

34%

No par

5

5%
69

49
♦74

49V4

*66

10
No par

100
25
25
100

48%
*75

69%

38

.

5V4

*69

No par

Inc
(The)

49

-

5

com—No par
100
4.18%
preferred
100
4.30%
preferred
—:
.-100
10
Puget Sound Pow & Lt Co

62

_

7%

16-%
68%

$1.40 div preference
4.08%
preferred

4

.

92

Feb 27

11

*137

18 V*

70j%-J72>_

No par

Pub Serv El Si Gas com-1

Sep

<■

18%
70%

10

2

t

Inc

3%%

82% Oct

15

I 29% July 25
74% Jan
3

4

118

Gamble
Industries

Public Serv Co of Indiana

4

139

16%
68%

5

Public Serv Co of Colorado

1

Feb 15

106% Feb

23% Feb

12

28% Jun

16

85% Dec

26

102 % Sep

10

82% Dec 21

24% Feb

&

*137

16%
69

*120

$4.75 cum preferred

'

22% Dec

.

Publlcker

5

40

88% Mar 29

31

37% Oct

40% July 24

35% Nov 29
71-

May

138

15%
67%

100

"

45% Nov

147

1

Co

Potomac

•138%

18

Ash pfd—100

preferred

Plymouth Oil Co

19% Jun

138

w

60

*74

Plough Inc

25% Oct
>

139

147

10

F«-h

14

—1

138

*138%

67

,

100
100

Virginia

(The)

convertible

$3.50

10

147

16%

1.25

Pittsburgh Screw & Bolt
Pittsburgh Steel Co common

90

132

Inc

Plate Glass Co

139

139

preferred—'-—100

Metallurgical

*138%

84

84

t

83

83

,.470

*

23%

22%

22%

53%

'

'

!

70

83

54%

53%

54%

13,200
7,600

33%

33%

32%

33%

53,600

22

.

I

25

Financial Chronicle

The Commercial and

26

.

Monday, October 28, 1957

.

.

(1862)

STOCK EXCHANGE STOCK RECORD

NEW YORK

LOW

STOCKS

Prevlotu

Bamjr* for

Hange Since

Z—rliHHi

Jan. 1

Oct. 23

the Week

Friday

Thursday

Wednesday

Oct. as

Oct. 21

Par

EXCHANGE

Highest

Lowest

Hi*he»t

Lowest

Sales for

SALE PKICES

HIGH

AND

Tuesday

Monday

NEW YORK STOCK

Shares

Oct. 25

Oct. 21

Q
May 28

130

Nov 21

153
33 Y» Apr

22% Dec 26

138

123% Aug 13

19

7

29 Ys Jan

22

23% Oct

33 Y

34

23' i

70

24

25 %

25%

29Y«

24

24 %

24%

23%

23%

28%

27-

28

27%

29%

67

65%

60

65%

65%

18%

18%

18%

19%

30 %

2,600

85,900

25%

0

27%

r

3.200

128

-127%

128

*127%

34%

34%

34%

34 %

34%
128

128

"126%* 128

12B

126

6%

33%

34%

34

Co (The) common.~.5
preierred
100
Quaker State Oil Refining Corp__10

Quaker Oats

13
Feb
5

39% Sep

2

33% Jan

7
Feb 20

35% Mar

31

R

23% Nov 23
70% Nov 27
15 % Dec

23

11

59 V* Jun

15% Oct

12
3

59% Apr

78

48% Feb

20% July 11

4

53% Jan

40

22

34Yb Jan

27

14

87% Feb

May 13
Jan 24

Oct 22

64% Jun 24
17
Mar 22

50% Mar 22

28% Nov 29
12
Dec 27

44Ys Aug

16% Aug

11% Mar 14

23% Aug

July 19

19% Mar

•16% Mar 15

37% May

24% Oct

22

44% Jan

33% Oct

24

37% Apr

30

Oct

14
21

14

33% Nov 23

11

20% Jan

31

37

Oct

17

10

Jan

2

12
31% Jan 12
12% Jan
8

7% Oct 21

5

Jan

15

11% Dec 26

Jan

36

Oct 21

Dec

4

39

30% Apr 11

40

4

33% Jan

1

34 % Jan

(Robt) 61 Co—
div prior preference

Reis

6

Nov

27

10% Mar 14

15

Jan

27

18% Mar 14

13% Sep

11

15% July

33% Oct

22

45

July 31

Reliance Elec

22% Oct

17

30

Mar 29

Reliance

62

Feb

?

32% Jan

10

18% Jan

30% Apr~18
64 % Apr
4

3

Jan

18

61

54% July

3

27

8 Ye Jan

16

18

15% Jan

10

42% Feb

13

60% Dec

17

6

9% Feb

13

21

Aug

Oct

70

Apr 26

62% Oct

52% July 22

7

57% May

1

49

Rexall

Drug

Metals Co

4%%

pfd series A

19

Preferred

4

Preferred

24

89

11% Oct

22

21Y4 Jan

18

1% Oct

21

3YB Apr

Dec

21

105% Jan

17% Dec

5

31% Nov 29

23% Jan

29

22

80

Aug

4
1

20% Oct

22

33Yi Jan

4

21

28 Yb

10

27% Dec
Feb

9

362% Dec

19

Nov

28

27

90

Feb

10

5

31% July 24

22

Oct

21

Oct

24

19% Oct

22

86

Jan~n

36 % July 16

•

Nov 28

60% Jun

24

15 Ya Jun

7% Oct

26%

Nov 30

80

Feb

112

13

5

22% Jan

16

24% Dec

3

*29 %

30

*35

37

400

*35

40

19

19

19

2,700

40

33%

17%

18 Vi

18%

18 Ya

■,'7%

7%

7Y»

7%

4%

13%

13%

13%

33%

35

33 31

23%

23

23 !b

55

55

16%

15%

16%

4,100

23%

23

Yt

23

5%

,5%

,

9Yi

9%

45%

45%
26 Va

,

13

11

Jan

,

55% Oct 22
Feb 13

5

Oct

2

190

May 23

205

Jan

2

23

Ya Oct 22

48 Ye Jan

3
6

235

2

Sep 17
60% July 31

5

215
105

Jan

74 Ye Feb

304

91% Mar 23
Aug

17

,29% Jan

19

12% Jun

8

Oct

18

11

23 Yi Jan

22
21

May 28

9

,

77 Vi Dec

22

21

Sep

25
22

12
21

78

Dec

28

35

Dec

28

44% May

37%

40

37 Yi

39%

36 %

37%

40%

40 Yt

40 %

40%

40%

40%

40%

1,200

57%

58

58%

58%

59%

59YB

60 Ya

24,400

57
*G8

73

73%

73%

90%

90

90%

90%

91 %

78

*72Yi

74

400

91 %

90

90

12%

12Yi

12%

1,070
19,500

2

lYi
59%

62%

64 Yi

63 Yt

65%

62%

8,700

(!4

61

62

Yt

22%

23

23%

3,800

21

22

22%

20%

22%

21%

201

20'

21

21

21

21

21%

4

4'%

8,300

26%

10,800

4

32

32 %

27%

27!%

27 %"

25 %

26 %

25 Yi

26 Yb

88

22%

22%

22%

22%

31 Yb

9%

9%

9%

42%

44 %

21%

22 Y4

23

31%

31%

31 Yi

.

8%

8

8

2

1
4

Seaboard Air Line RR Co_—

Jan

36

23

17% Jan

54 Ya

Feb

12

82

Sep

19

Seaboard

11

7

23 Ye Jun

22

Oct

22

16% Jan

24

Seagrave

j,
-

Oil

Sep

25

36% Jan

3

24 Y« Oct

22

29Yb Jan

7

Sears

12% Jun

1

21% Feb

29

8Yi Oct

T,2

15 Y4 Jan

3

3% Dec

27

7% Apr

27

2%. Aug 12

43 % Nov

26

42% Jan

Mar 15

63

5Y8July
76 Ye July

7

2

Apr

59%

#an~20~

8% Oct

8% Dec

14

11% May

10

100% Aug

33

Oct

1

Shamrock

21

58 % Jan

2

Sharon

IOYb Sep

7Y« Mar 12

9

62% Jan

22

28 Ya Oct

Dec'li

22

25% Oct

39%

19

50

23% Nov 15

8

Oil

Shattuck

9

Shell

May 21

&

Steel

Oil

66 % Oct

22

93

19% Oct

17

29Y4 Jun

21

21% Apr

30

Sheller

9% Oct 22

Mar 19

18% Nov 29

29

15% Jan

14

17 Ya Jan

25

Sheraton

Oct 18

Oct

15

6

21

32 Ya Apr

11

22

49 Ye Jan

Simmons

65% Jan

4

5

54 Ye Oct

10

89

17
8

11

68% Jut

65% Jan

23

72% May

62% Jan

24

73

8

47% Oct

—:

Oil

16% Nov

29

32% Jan

12

50% Oct 21

80% May 27

Skelly

22

36Yb Sep

23

Smith

14% Oct

17

?\

23 Yb Oct

2

14% Oct

22

20 Ye Jan

11

Smith-Douglass

"2

60YaOct

15

Smith

22

65% July 15

53%
Oct

64% May 10

47

24

15% Sep 25

13

July 10
12% Jan 24

6% Oct

22

17% Jan

12

20% July 31

18% Jan

2

Dec

21

53 % Jan

16

44

49 % Sep

20

18% Jun

6

7% Dec

45

July 16

24% Jun

20

35 Yb Nov

15

24 Ya Oct

33

Dec

12

40% Jan

17

30

45

Nov

21

21 % Jan

Solar

6

23 Y4 May

5%

21

39Yb Jan

Sep

23

35% Jan

25

44 Yb

Sep

10

51Y4 Jun

South

11

'

13

8 %

29 %

31

31

32!

12%

12%

13 Ya

13%

14

17%

17%

17 Va

18

17%

17%

27,100

17%
33%

33 Yt

35%

34%

35%

34%

34%

82,200

18

•"

31%

*

31%

32%

32%

33 Yi

24

14

14

14%

14%

14%

14

Va

12,300

13%

14 V4

14%

54%

56

55 3 a

56%

55%

55 Ya

14,800

54

86

73

85

71%.

*85

55

*70

54%,

54

"71%

86

*

*

•

16

66!

11%

11%.

26 %

79

78%

79

25%

25

25%

15%

24!

24 7

12

51

10%

9%

8%

66%

70 %

20%

19%

15%

15 7

v

B

21%

21

21%

20%

21!

16

16Yb

16%

16%

16%

6,900

10%

10Y«

28,400
3,100

9%

10%

10%

21'%

21%

22%

23 V*

23%

23%

36%

37 Yi

38

38 %

4

2,300

37%

37 Y

36%

37 Y4

38 Yi

54!

55

55 !i

55%

56 Ya

56 Ya

55

55

49

49%

51

50Yb

51 Yb

49%

50%

57,300

X52%

53 Vi

5,200
11,000

4

48

50%

50%

54

51

51 %

52%

54

53 Yi

55%

28 V4

29%

29

31%

30%

30

30Yi

31 %

29

16%

18%

18%

31%
18%

16

17

18%

18 Ya

19 Va

14%
14%

15

15 %

15 Vi

14%

xl4%

15

14 Ya

15Yb

15%

56 Yi

4,800

54%
48%

56%

56%

53 Ya

55 Ya

55

57

56

54

48'/a

51Y-I

50%

51%

49 Ya

50%

116,200

17 Ya

18

17%

18 Y4

17%

1734

11,600

17%

7Ya

7%

7-%

7 y4

7%

27,900

7%

19%

8,500

49

47

17%

17Ya

17

0%

7%

47

Ya

19%

7Yi

19%

19%

45%

5

20

19%
*44%

47

*44Y2

25%

24%

25

25%

31%

31 J,

45 Yb

45 !i

18,700

45 Yi

45 !i

45Ya

45

45

45

46%

22

21%

22 %

22%

22'•>

32,500

B

Southern Co

21%

21%

20%

21

25%

26

25Ya

25%

25

25!

33 Ya

35%

33 Va

34%

3? Yb Oct

22

46Yb Jan

10

No par

34%

35 Va

34%

29

58 Ya Mar 23

33%

44% Nov

49 YB May 16

21

45Ya Jan

8

30 Ya

30%

32%

1

30% Oct

33

38% Oct

17 Ya

17!

16% Aug 13
4
76 Ya Oct

4

17

17

193/8 Feb
81

26

1
4

24% May 15

28% July 19

17% Nov

21

4

20

May 28

/an

17

6% Sep

4

Jan

Mobile

17

Jan

22

33 Yb May

27

Southwestern

23

18 Ya Jan

10

6Y1 Jan

7

8r>P-r

28

63% Aug 17

40

Jan

3

65

Jan

73 Yb Jan

45 V* Apr

25

61

July

103% Mar

81

Sep

10

04 Yb Jan

9

24% Mar 20

12% Oct

10

19 Ye Jan

14

29% Apr

2

18

Oct

%

26% July 15

July 17

84

Oct

21.

08% Jan

15

$4.50

9

Oct

22

12% Apr

Spiegel

6

16 Ye Nov

1

21% Nov

29

96% Dec

31

11% Dec

19

16% Jan

3

70% Dec

28

83% Jan

17

22% Oct

1

31% Dec

7

105



Vctr

fnnf,nnfp«

cpp

nm.

Spencer

8

62 Va Oct

Public Service Co

24

72% Jan

25

35% Jun

11

22

preferred

$i.50
...

preferred
Inc

common

preferred

Sauare D Co

,

6
100
1
50c
_25
2

No par
5

29%

29 !4

13

13 Ya

13

2%
46

3

%

*81

*47

84

9%

65
23 Ya

55

*31

25 7

-

32

25 %

s

*31

47!

a

6,900

25%

100

32

26

26

25%

26

"

1,700

35

36 Yi

35%

36

19,600

34 Ya

35%

35%

36%

35%

36%

73,200

31%

33

33

34

33

33%

16%

17

16%

16Yi

16%

16 Yi

*76%
29Y4

80
30%

13

13

-

2%
*45
47 Ya
*81

13

'

3
*45

49

!i

82 Va

12%

13

18',2

19

85%

80

*76 Va

483i
*81

30%

13

13

13

3

3 Vi

*45

55

48 Yi

51

*81

82 Ya

36,900
-

4,700

80

297/8

30%

30

3

18%

*84Yi

*76!'a

55

13

85%

*44!a

43

a

25%

18 Yb
85 Yi

3Vb

33,000
1,800

13,700

55

48%

3,800

82'%

9,400

13

13

19%

18%

18%

85 Ya

*84 Ya

85%

40

9Va

31,200

13

13

18%
*84%

9Ya

97,000

9%

9

9 %

9Ya

9%

63%

62! a

62%

63

250

63 Yi

63

63

63 Ya

25

24 %

25%

23

16,200

23%

22Ya

22

22%

9
•

25!

36%,

Yi

12 Yb
...

IOYb

63%

2%

82 Ya

84%

22 Ya

13

47 Y4

13
19 %

29%

47

82 Ya

18%

80

*81

47

12%
'

-

2%

V'b

55

*46

Nopar

Chemical Co common

*76%

80

29%

1

1
2.50

Spencer Kellogg & Sons
8perry Rand Corp common

11
7

Oct

4.20%.

*76 %

100

ctfs

(A G) & Bros Inc
Corp
& Co
$5.50 pfd

25

18

tr

Sparton

30

12

stk

Spalding

22

47% Jun

Dec

Ohio

12 Y4 Sep
2% Oct

95 Vo Nov

38

&

a

a

32

34

7.50

*44 %

48

*31

Southern Indiana Gas & Elec_No par

20

19 V*

19Yb

5,400

32

Ya

*31

Southern Railway common—No par

19%

•

6,400

48

19%
<s44
24

-

6%

25% July 10

91 % Jan

800

48

49% .Tulv 17

20 Ye Jun

56,700

56%

32

6

12,600

23 Vi

10

9%

21

26

a

11 Yb

22

Dec

2,000

9

20%

33 Ya Oct

17 % Dec

32 Ya

9

70 Vi

25 % Oct

84

31Y4

21%

25

(Del)

26%

34

68%

18

Co

27 %

32 Yb-

55%

S
25

preferred

26 Yi

71%

31

Pacific

19,900

890

37%

21 Ya

1

(The)

11,400
12,900

21

10
5

Natural Gas Co

10 Vi
27

15%

20%

16%
10 Vi

10

70%

39YB Dec

non-cum

Va

20,100

3

52

70%

33% Apr

5%

10Y4

11,700

Ya

3 V«

3%

67%

69

11

South'n

IOYb

11V*

57,700

9%

31

Southern

51

•

400

1,500

25%

*8Y4

23

May 27

10 Va

53

24%

5,400

Vi

9%

Jan

2,

10%

10%

9

9 Yb

9

9%

33% Jan

20 YI Jan

24

4

52

9 Ya

,

21

19% Jan

*23 Y

52%

52%

53

54% July 27
23
Mar 16

29

24

23%

'

15

No par
No par

Edison

11 Yi

64

"62

25%

3%

08

50

California

*11%

10%

3 Yb

'

8%

9YV

11 Yi

25%

8%

a

14,400

16

67%

10%'
3%

24 Va

3%

3

30,700

25

16

24%

10 %

a

8%

3 %

15%

90

80 V2

a

23%

23 %

24!'3

7,200

64!

67%

*11%

23%

*78%

V

50

26%

15%

15%

66%

11%

N

•

*11 %

16

65%.

11

54%

52

27

79

23%

8

85 Ya

26 %

%

24%

65 '•

a

27

10

73

*85

86
1

26%

'24%

23%
15 %

16%

64

*85

700

34

,

*71 Va

73

%

*71

86

81

*79

81

25 Yu

24

73

*85

*33

34

*33

*70

.

26%

26

27

20 Ya
*79
"

1
50c
1

com

5,500

14 '

13%

33%

19%

.

1,000

14

15

Sugar

2,600

31 Ya

31%

1

Rico

100

18,

31

32 %

a

86?

18

18%
"

31%

Co Inc
—. ■
.5
French Labs—33Yac

preferred

Southern

29%

,1216%

13

*83

86f;.

18

18%

3i%

preferred
Porto

18

32%

South Carolina E & G Co com_4.50

13

*84

■

27

Co

180

67,300

18

29%

South Amer Gold & Platinum

2

51% Feb

Aircraft

.

87

26 Va

1

%

26 Vi

25%

*

"

24%

16%

25
new

210

27%

*83

600
:

290

*195

17%

29%

Mobil Oil Co Inc

Socony

26

86

*275

"

87

11%

5

Inc

&

27

25%

2,600

43,400

:

23%

20

Co
Corp

Kline

*195

210

28%

O)

Smith-Corona

18

IOYb Jun

Oil
(A

:295<

*195

25%

Corp

28 Ye Oct

Dec

*275

210

31

Simmonds Saw & Steel

Sinclair

59 %
290

%,

26 Yi

-

56%

*56

8%

Signode Steel Strapping Co

36 Yi Oct

12

56%

18%

31

ordinary

35% Mar 26

22

11%

59 %

*275

Nopar
7.50

65% Apr 26

22

12%

-

*57

18,800

24%

22'a

11%

12%

28%

Corp

24

24 Vi : 24%
21 Yi

22%

25%

G)^,

7

6

J:

350

82

160

89

18

10Y

new

19

Jan

20,500

160

25%

24%
*82

25

Corp of America
Co

1

No par

Gas

45% Jan

Nov

71%

70%
*81
*153

82 %'

x

'

210

*195

210

,*195

2.50
1

21% Feb

88

2,400

56

280

3%

Inc

Corp

shares

Mfg

5,600

8 Yb

285

55%

57

10%

-

13% Feb

..

289

1

Co—

York

New

11%

57

Shell Transp & Tr—

10

22

11%

285

No par

(Frank

22 Yi

10%

24 Yi

:

Industries

Shahmoon

23%

22%

12%

3

preferred

$4,50

15

26 Ye Jan

23%

22%

23

-

Servel Inc common

9

24 Yi

1

Roebuck & Co

24 3

11 %

23%

Seiberling Rubber Co

23

Dec~20~

31'%

8%

72 %
v

*154
*

24

5
-—5

Falls Corp

Sealright-Oswego

29 % May 22

28%

31 %

8%

71

81

160

*148

160

23%

1

Corp

8IY1

*150

160

71 %

08 Va :.

82 %

22%

_1

Co

70 %

*81%

71

81%

*152

25
—100
20

V Seaboard Finance Co

4

;

Nopar
No par
No par

common.

83

15 % ,Oct

70% Nov 26

Co

preferred

$4 preferred
Scovill Mfg Co common
3.65%
preferred
:

May

19,090

9%

"

33% Jan

7

23 Yb

31%'

%

•82! 4

67 Ya

69
81 %

5
10
100
-10

1

Paper

$3.40

114,10i

22%

7%

'

31%

8%.

6,100

43 5 b

24

31 Ya

8%

20%

32

8 U

5

9%

42%

9%.

43%

21

44%

9%

41%

10

800

23

23

23%

23

22 Yi

9%
40 %

9%

3,110
10,600

21%

21

22%

c

86

*82 V*

86

21%

% .20%

23

42

21%

1

86

5,900
17,900

310%

303

311%

305

88

20

9%

*32

308

*86

20%

40%

200

34

27%

19 %

23

1,600

27%

34

20%

20

26 YB

25'%

299'%

300

*86

88

27

24%

25%

285

:joi%

4 V4

>.

26%

u

27 %

*31

27!.,

24 Yi

20%

25%
*

26%

27 %

4%

4Yi»

27'

24%

33

*31

31%

27

a

4%

,

25

24%

20

24%

b

4%

4

4%

*30%

1%

20

21

20 %

<50

Lead Co

74,700

2

%

1%

265

Schick Inc
Scott

1

2

1%

2

1%

*68

73 Ya

90
12 Ya

12%

11%

12%

11%

12%

12%

78

73%

*68

78

*68

78

,

73

°

91 YB

I
20 Guilders
———1

7

;

113,600

35%

40%

21

7

102

18,100

34

57%

No par
No par
-100
St Louis Southwestern. Ry Co—100
5% noncum preferred
:
-100
St Regis Paper Co common
ft
1st pfd 4.40%. series A
100
San Diego Gas & Electric Co
10
Sangamo Electric Co—
10
Savage Arms Corp
5
Schenley Industries lnc_
1.40
Schering Corp new ——
1
5%
convertible preferred
30

23 Yt t Oct

29

62% Oct 25
28

23

45,000

8%

41%

60

Mar

86

22

Jan

!

*

26%

g

.,

8'/«r

36%

74%

Mar

14

Oct

75

19 Yb Feb

Dec

16

Oct

25% Sep 20

16% Nov 21
13

OCt

34

85

89 % Mar

2

7,100

26

27

a

41

St Joseph Light & Power
St L San F Ry Oo com
Preferred series A 5%

22Yb May 29
64 Ya Jun 14

73

105% Apr
40 % Apr

Dec

33% Dec

90

.

1
23YaJun 13
36 Yb Sep 20

16Ye Oct

53 Ya Oct

75% Mar
Jan

95

19

.

17Ya July

29

67% Nov 29

«

29

39% May

11 To Oct

13 Ya Oct

22% Mar

Feb

29 Vi Oct

"

16

31% Oct

18

■

17 Yt Oct

23% Aug 22
37 % Mar 29

f18% Jan

96

9

85 Yb Sep

7

Feb

46 Ya Mar

45 7

28 7 a

33

80

:

123,-t00

44Yi

28'%

;;

8

8%

7%

8

2,600

9%

46%

28

26%.

7%

50

28%

27%

24%

8%

15,800

9%

10

9%
43 %

22,400

5%

5%

5%

9%

40 %

2,400

16%

16

16 %

%

56

*55

56

42%

9

10%.
43 %

5%

5%

5 yb

5%

10

300

35%

35

16

16%

15-Yi

14

34 3 4

a

*55

57

*55

*3Yi

*13%

23 !i

23%

57

400

4%

4%

35

34 %

23%

2,800

14%

*13!

13%

*13%

300

7%

7'/4

7Yi

*3%

4

4

3%
~

40%

1
5

preferred
4.30%
conv
preferred

;,i St Joseph

6
24

26 Ya Jan

40% Feb
9
93
Dec 12

155

,

25 Ye May

22

311

7

Nov

24

IOYb Oct

600

*33 %

30 %

*35

27 Yi

Safeway Stores common

;

33! a

35

*29%

40

30

20

4%

July 17

176

21% Oct

Mar 19

33

3

69% Dec

17

25% Aug 31

52

,38% Dec

235

Dec

155

■«.

13,876

30%

s
82% July 15
93 ■ Mar 22

60% Feb 12
78
July 2
137
Feb 14
23 Yb Oct 22

71% Dec 17
3
97% Feb

•0% Feb 14

79,100

25%

35

26%

(Jacob)

Ruppert

4,100

18

25Y'8

18%

26 Yt

25%

(The)-

Ruberoid Co

9
11

17 Y4

a

26

Corp—

Corp

Co
Royal McBee Corp—

40 Ya May 16

34 Ya Aug

34

100

Royal Dutch Pet

10

18%

26!

23%

Rome Cable Corp ;

Feb 26

28

5
13 % Apr 26

Dec 28

Aircraft

Rohr

July 24
2
13YB Jan

Ronson

17%

27%

common

33% May 21
32

11
39% Feb 12
20% Oct 22
9% Oct

13 Yi

5

Co

Haas

&

13

*29%

7%

4Y,

8%

16%

17%

:v<

*34

17 Yb

*73

preferred series A

4%

May 29

96

■

16%
12 %

17Ya

31

7%

Copper

Antelope

Rohm

8

423 Ya May

7 %

*4%

MinesRobertshaw-Fulton Controls com—1
5Y2% conv preferred
25
Rochester Gas & El Corp—Nopar
Rockwell Spring & Axle Co
—5

17

29 Ya Mar

24% Oct

38% Apr

29

Roan

26% Aug 19

"*44% Dec 31

35% Nov 29
27 % Feb
9

8

44 Ya July

22% Oct 22
17%

6

36% July 19

20,400

13

1,300

35

18%

5 Yi

2,000

25%

17%

25%

*35

17

15%

50%

:

-35

37

23

50Yi

-

*30

37

*55

8,900

51 %

26%

Paper Corp
Ritter Company

3

Jan

285

2
105
Jan 16
31% Dec 13
Apr

510

21% May 28
12

22

Apr 13
Apr 12
30% Aug
2
37% Apr 26

25

28% Jun

24% Oct 22

35

21% Jun 26

27 Yb May-

2

Oct

4

30

*77

.

Corp

7 Ye Apr

19% Jan

6

Oil

Richfield

35%

30

10

series
series

iuanuiaeturlng Co
Selection Trust

Rhceifc

59% Oct

84% Apr
5
42 % Aug 15

18% Jun

87% Jun

27

35

.

a

24%

Riegel

81

Mar

16%

v

r

Y

:

19 3

50
16%

12Y»

24Y4

26

10
100
100
1
5s

—

Rhodesian

89% Jan

17

12%

65

19%

12%

50 %

IOYb

12 %

.

10

4.50%

37% Mar 15

12

49%

16 Y 4

12%

48%

Nopar

3.60%

16
11

Sep

66% Jan 23

common

Common

22

24

18

49%

xl5%
-

64 3 4

19 !a

26%

Reynolds (R J) Tob class B

3

7o*/2 uop

82 Ye Jan

0

72.% Jun

81

.17%

2.50
1
50

Co

Reynolds

08% Jun

13

29%

.65 Yi

5

Inc

Apr 26

70

17'a

12%

29 %

65 Yb

19%

.

-—1

Revlon

4
16

50

16 3 8

5
.100
1
50c
—10
10

common

convertible preferred

$1

46 % Mar 29

23

40 % Oct

Mfg Co

Republic Steel Corp
Revere Copper 6c,Brass

2

65 % May

21

Oct

6

IOYb Jan

7YB Oct 22
33

3
49% Mar 19

41% Dec 27

Mar 12

40

49

5

& Eng Co

pfd 3Y2% series

Conv

July 19
July 11

39

Corp

Stores

Republic Aviation Corp
Republic Pictures common

25

59% Jan

22

Oct

8

8% May
13 Yb Apr

4C% Oct 22

10% July 26
85

22

26

Apr 24
28% Dec 10

27
14

45% Feb

25% Dec

10

22

Oct

!)

45

34% Dec 31

Oct

5% Oct

13

43% Jan

Nov

11% Dec

28% July 19

1

Reliable

19%

10
10

$1.25

6Yb Feb 28

3% Oct

22

18%

Raybestos-Munhattan
—No par
Rayonier Inc
—
1
Ray-O-Vac Co
2.50
Raytheon Mfg Co
5
Reading Co common
—
_50
4% noncum 1st preferred
50
4% noacum 2nd preferred
50
Real Silk Hosiery Mills
—
5
Reed Roller Bit Co
—.—No par
Reeves Bros Inc
—50c

41 Ya Apr

13

37% Sep 24

Inc

Ranco

23% Aug 13

31% Feb

*66

$3.50 1st preferred

6
7
11

21% Aug

America com—No par
;
-Nopar
5

Radio Corp of

•

Volume

186

Number 5685

..

The Commercial and Financial Chronicle

.

(1863) ' 2'

NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous

STOCKS

Year 1956

Lowest

3G74 Oct

Range Since Jan.' 1

Highest
2

Lowest

44% May 14

37% Jan

77% Ncv 30

91% Jan

26

71

6% Dec 28

12% Jan

6

2

Oct
5% Oct

42% May

Standard

9

Brands

82% Feb

13

$3.50

22

9% Jan

11

Standard

Inc

Monday

■

EXCHANGE

23

,

LOW AND

NEW YORK STOCK

Highest

Pat

com___Nopar

preferred
Co

Inc

1

u

37%
72%

73%

6%

43% Nov

58% May

29

50

May 28

4

43% Feb
3734 Oct

22

12% May 29
13% Nov 21

81 "

28

31

17% Dec

11

17%

27

Nov

13% Oct

22

4

•

62 % Jan

3

Oct. 24

38%

38%

».71

.

0%

6

G 74

Feb

8

32

37% Dec

13% May 28
Dec

31

22% Jan

23

22% Nov

7

Sterchl Bros

21

29

22

•

16% Oct

34% Nov 28

'•

•

39

v Feb

'78

v

10% Mar

9

1,300 :i Dec'?
30% Apr'

4

21% Jun

25

35 % Nov

29
'

21

1

July

9

21

9% Oct

22

16% Jan

14

29% May 16

22

74

2
52 % Mar 16
,27% Feb5 7

Jan

8

2,000

50% July 26

28% Oct

22

9

55% May 10

30% Oct

22

99.

...

18

'

\

May 28

6:,/a Dec

31

127a Jun

8

Feb

14

45

•

-

-

\

187b Feb
4% Oct

217b Nov 26
1574 May 4
1874 Dec 12

Apr

'

-

10% Jan

9

23

34% Feb

10

427b July 27

20% Oct

1

29% Apr 16
29% Apr 16
22% July 10

20% Dec 20

20

10% Jan 23
44

July 23

31%

29%

29%

29%

17',,

29

Oct

10% Jan

147 b

147b

15,600

6374

67

64

64

587b

6074

55

57%

6,300

11%

11%

11%

11%

1,500

29 7 a

31

29%

31%

30%

19,600

177b

1874

177 b

1874

17%

18

18,900

30%'

337b

32%

33%

11,400

17%

1?

17

16%

17

16%

16%

*16%

17

700

12

11%

117 b

11%

117b

11%

12

11%

12

17

17

9,400

17

17

*16%

17 74

*16%

17

16%

16%

1,800

33 7 b

35%

33%

35

35%

367b

37%

38%

36%

37%

13,000

21%

22%

20%

21%

21%

21%

21%

21%

21%

2178

3,700

...I

3%

41/4

3%

474

4 Tb

4%

47 b

78,900

4474

45%

_i

42%

44%

——1

10

No par

*83

10%
83 ib

7b

4

42%

43 %

9%

37 b

10%

»83

474

42'A

46

*83

70%
21

preferred series A
2nd

20'%

1

1074

*

72 7b-

72%

73'

22 7b

22%

237b

20%

20%

207b

2074

207a

28%

28%

28 %

29%

29 %

30

297a

69

69 'A

69%

69 74

6974

68 V2

69

10%
:

107b

11

10 7a

4,600
65,800

.

297b

6874

10%

10%

♦

10%

10 7

1425'

1380

10%

8

1355

1390

16 %

18'A

13%

80

3074

30

21

21

107b
1405

«

-16%

1465

30 %'

307b

*20%

21%*'

*20 7b

.31

217b.

|99%

28%

29 Va

20 '•

29

33%

30%

32%

317b

20%

*

*80
7ytt

82

80

80

79

79

>

1455

197a

18
31-

*20%

207b

3,300

1,300
20,900
980

187b
-

7,800

3174

3074

2974

33

3374

*78

81-

78

-

2,600

-

•

2% %
3074

337b

'

■

2,800

:1465

33 Va

33%

7%

'

201/4

29%
32%

8 7b

'

31%

18%

30%
•

,

1495

1470

18%

16%

'

1

!

i

__2

;

•

700

18,500

18,900

.81

110

...

'

87b

8 7b

1974

8

19

1974

19

19

_1

474

47b

4%

474

1

8%

97 b

874

97b

2.50

—

19%

8%

;

874

87b

874

'

47a

19

474

12,800

74

19%

19

19

1,400

47b

4%

4%

4%

6,900

974

10%

9

107b

93b

9%

14,400

397 b

40:,4

377b

3874

40

41

25

5874

59%

587b

60%

5974

6174

60

6174

5974

60%

37b

277b

297b

26%

28

29

30%

2974

31

287b

297b

-No par

197b

19%,

197b

197b

1974

19%-

19%

20

1

18 7 b

207

a

19

207b

20%

23 7o

22 7 b

23%

!lo

27 Tb

317b

26

30

2974

30

297a

30%

,

38%

41

39

%

19%

40

4,300

75,800
67,500

19%'

64,600

2274
■-

•

22%

39,300

2974

30 7b

28,000

Pacific Land Trtist—

574

Sub share ctfs ex-distribution—l

14% July 16

Thompson (J R)—

89% May

6

93

41

1074

Thompson Products Inc common—5

57 b

98

39 %

100
No par

Textron Inc common
50c
$1.25 conv preferred
No par
Thatcher Glass Mfg Co common—5
$2.40 conv preference
No par
The Fair
_—No par
Thermoid Co common
$2.50 convertible preferred..
50

12
12

207a

20 %

30

-__l

Texas & Pacific Ry Co
Texas Utilities Co

3
2
2
25

23 Va

20%

No par

Aircraft. Corp.
.
Tennessee Corp
—

Texas

2

20

73%

207 a

-

69

-25

—

11,700

T

15

.

73

22%

'

69

.80

Co._-.»».__—

5,100

1074
83

30

—..25

Texas Pacific Coal & Oil

2

107B
83

'

30

10c

Oil of California
Steel Corp'

TelAutograpli' Corp

4

'

107b
85

*83

12.50

of '55

pfd series
Biscuits Inc

'

46 74

46

;

•85

71%

-

,

10%

9%

35%
21

Talcott Inc (James);

<

900

II74

Texas Gulf Producing Co.
Texas Gulf Sulphur—»»
Texas Instruments Inc

87b Mar
Jan
49% May
217b Jan
21
Jan
20
Aug
62
Aug
24% July
1574 Apr
53
Apr

14

12,500

14%

31%
17%

Texas Co

160

157b Oct 11
17% Jan 21
47% Jun 28
117b Apr
8
10% Aug 26
42 7b Oct 18

137b

14%
1

13

29%

71

preferred

100

13%

•

1.7% ;

17%

30%

20%

$4

86

30%

1G;,4
30' V

21%

&

*83%

3,400
73,100

—1

9

'

9

14

47% Aug 21

1174 Jun

387b Jan
10

29%

5

,

447b
86

37b

.—No par

6

33

22

54% July 10
137b July 31
14% Apr
4
51
Mar 28

157b Feb 28

11%

20

76% Jun
49% May

-

Oct 21

93

59

11%

£Symington Gotild Corp—_L

4

5% Oct

9

182% May

Jan

57

12

SylVttaia Elect Prod Inc com—.7.60

...

6% Dec 21
150

66

57

11%

73Tb'

Swift

19

26

66

55%

12%

Temco

31% Jun

157b Feb

45% May 17

65

55 TV

12

i

18% Jan 31
60% Jan 11 "

40% Jun

18% Dec 28

1

66

55%

20%

-•

•.

20% May 17
8% Jan 11

12

27

66
*

Paper Co__
.^...5
Sweets-Co of America (The)—4.16%

9

Oct 22

11% Jan
33 7b Oct

147b

Sutherland

10

5

15,400

71 %

Superior

8

Apr

Jan

28% Dec

199,800

43%

43%*83 7b

I3?b

—«._5

••uostei-:—i.

Superior

•' 9

May

14 ?

54% Feb 12
26% Oct 22
187b Oct 10

51

'

'

;

7
4
38% Mar 26

697b May

537b

43

85

13

^Sunshine Mining Co

17

46% Jan

6

13

Dec

62

53% Nov 29

8
2

89

25
8% Oct 21
377b Oct 22

377b Oct 31

52%

43%
13

15

5V2V0

42% Jan 10

-

.

Sep 13
7% Oct 21

,

54%

53%-

41»a
85

12%

_5

4%%

27% Jan 29

77

May 7
12% Dec 14

537b

51 Tb

4174
87

14%

Broadcasting Co—

Sunshine

July 15

43V4 Jun

•'

24

13

9

51%

40%
*83

No par

18

27% Jan

Oct 21

20% Oct

Dec

26

50%

42%
86

Sunray-Mid-Cont Oil Co common—1

Mar 20

15% Aug

•

.

15% Oct 22

30

/

111,700

"

38% Jan

2

Feb

Dec

3

24% Apr 11

13

38

8% Feb

Jun

66% Feb

42

81

Feb

20% July 26
28% Oct 22

■*>

[

17

93
82

6 Ye Mar

39%

13

10

Studebnker-Packard Corp
Sunbeam'Corp L—
—
Sun Chemical Corp common
$4»50 series A preferred
Sun Oil Co—.—A—

Aug 19

1 ,210

487b"

387b

13%
63

:

8% Apr 11
57% July 23

70% Oct 23

2

Nov

940

47%

40%

3

12%

...

Stone

oc

49 "A

39%

14%

1

prior preference

Storer

37b

47%

39 7-n

3

13 %

T?-,f1er rr0__

5%

37b

48%-

38%

41%

No par

May 8
29% Apr 24

20% Oct

Mar 22

*

274

45%

38%

*85

Stokely-Van Camp Inc common—<_1

50

21

80
-

6

19

8
19% May 21
18% JUly 12

2%

457b '

37%

50%

-

-

27 u
44%

*

■

42 % Oct
-

Sterling Drug Inc

p.-

7,800

7,300

3V«

127,',

•„

90

674

6

39%
52%

137 b

Stores Inc

71 74

47%

—5

Stevens .(J P) & Co Inc_
Stewart-Warner Corp—

15% Aug

22

'•

*

3% Oct

27

26

17

20% Oct 22

6

Dec

22

Jun

33% Oct
•'

•/.

6% Dec

66

35'A July 15
23% July 1541% Apr 23

11

11% Oct
17

31

Nov

Oct

a

39

71 74

6%

L»—1

Stanley Warner Corp—
Starrett.Co (The) L S__
StAuffer Chemical Co

30% July 31
6
26% Jan

*

May 16

7
—100

Standard Ry Equip Mfg Co
-

13% Jan

24;'

Aug

82

common'_..10

83% July 12

15% Mar13
7
101% Jun

28

70% Jan

89

Jersey—

15

10% Feb 29
50v

New
Ohio

Oil

preferred series A

38 7b

72

*71

38

.25

of

3747b

Shares

38'

37%

72

the Week

Friday
Oct. 25

45%

6.25

Standard

-

8

4

29% Aug

19

California

Of

11

-i.

5% Oct

of Indiana-

22

22% Aug
8
20% Jan 26

22% Feb '. 9

of

Oil

Oct

'"

'

Oil

Standard

Standard Oil

11% Oct

27% Mar 12

-

Standard

18% July 12
18'% May 27
85

<■3

25% Feb
16% Oct

7

39% Apr
21% Jan

1

31% May 28

-

55

Mar

distribution

3

31% Nov

14

16% Dec

94

85

Aug 15
Jan 25

15

,25% Nov 28
V20% Sep
30 74 Oct

23
22

3

65% Dec

13 % Dec

22

Oct

12% Oct

40% Oct

Ex

4"

68% July 5
62y4 Jun 10

2

15% Aug
17% Jan

43% Jan 23
51 % Jan 19

62% Jan

50% Oct 22

100% Mar 23

28

3% May 22
59% JUly 16

12

65
Aug 14
62% Apr • 9
55% May 15

"48'/2 Jan 23
49% Jan 31
8B% Dec

22

Sales for

Thursday

Standard Gas & Electric Co—

2% Oct

8ALK TRICKS

Oct. 28

'

38

74

*72

HIGH

Wednesday

Oct. 22

3*0%

38

*

No par

Coil' Products

Tuesday

Oct. 21

*91
'

3974

10%

57b

5 7b

98

67b

67 b

67b

6 Va

674

6,400

97

97

93

94

39%

407b

3974

40%

14,900

11%

100

*93

12%

117 b

12 7b

49,500

40%

107b

11%.

157b

16

15%

157b

1574

157b''

217b

217b

21

217b

205/a

21%

53

56

*53

54 Va

*21

24

*21

24

10 Va

10%

157b

15%

157b

227ir

2274

2174

157b
227b

*85

57

54

55

,:t53

56

*21

23

*21

24

*21

24;.

10:,b

107b

10%

42%

43 Tb

*42%

1074
437 b

*13 7 b

14%

*13%

.

1474

107b

...

•

*

-

11

11

11%

1074
43

4,700
12,500
190
—.

117b
43

*4274

4374

*43

43%

*13%

,

1,900

„

3974

397b

14%

*13%

i4%

4,200
40
'

10% Dec

19

48% Jan

23

86

Dec
Jan

*

23

80 " Nov

Feb

1

48

Oct

13

80

Aug

6

22

Oct

22

22

Aug 14

—'

13

34% Oct

.-

43% Nov 27

IS ..Mar 29
517b Nov
7'

34% Oct

45% Apr

5
1

Jan

31

28% July 23

52

NoV

29

25

Jan

10

.52% Apr
27
.Oct

17

59

15% Apr
8

'

Dec

•

137b Mar 20

28% Oct

22

25% Oct 25

"

24%'

22

23

—25

22 %

22%

2274

22%

34%

38%

.No par

Oct

43

-

11

«:

13

Jun

7

•

41

-

17

13% Oct 21

-

487b

*;?
1

83

5074

*80 V2

29,700
20

83

237a

25%

24

24%

21,400

227b

36 74

247b
22%

22

227 a

22

22 7b

2,500

377b

15,400

35%

37

y

377b

4

3574

387 b

12

127b

127«

12%

127

12%

12%

127a

37 Tb

38%

40

407b

42

39

41

2

29

31

287b

30

29%

31

3074

317b

30%

307b

40,30n

10%

22,600

9%

5

No par

9%

974

9%

9%

''

10%

a

10

107b

277b

27%

25

25%

25

26

*25 7b

26%

26

2674

267a

2774

28%

507 b

50%

50%

507b

51

51%

27%
*5074

18

74

*43

197b

17%

47

24

v-

93/a

27

26

Preferred series A (conv)——50
Tung-Sol Electric Co common
1
5074 Sep 1/7
5% conv pfd series of 1957—50
30% Jun : 6 v ; 20th Century Fox Film.
.—.1
17
Jan 14 *
Twin City Rap Transit com—Na par
50 '- Jan' 2
^
5% conv prior preferred-..—50
10% Jan 10 v * Twin Coach CO.
1
——1
30% Jan 18 ' - TXL Oil Corp (The)^
—1

Oct 21
Oct
8

2% Oct

2

5174

*80%

83

387b

$2/70 preferred ——
—^-50
Truax-Traer Coal Co commort—„1

61
Jan .9
37% Jun 20

•

22

21% Oct 21

Jun

317b Jan

22-

24
22

29

51

527a

7b
2374

12%

57

Jan

*80
•

39

24

487b Jun

35%

507b

507b
83

147b

12 7b

34% July 16 ' 'Tri-Cohlinental Corp common—.t.1

14

49

*80%

*13%

.

36

—5

12

Oct

•

—2

21%'

974 Oct

17% Oct

15

817b

23 %

26

,45
Oct
23% Oct

3574 Jun

527b

807b

24 7b Feb
•

147b Jan 18

■&

$1.20 preferred —
Timken Roller Bearing
-Toledo Edison Co (The)
jTrane Co (The)——
Transamerlca Corp,—^
- Trans World Airlines Inc
Trausue & Williams Steel

48

.—100
.—,.10

567b July 22
4174 Apr 24
20% J' 4
50
July 9

19

18
52

13

22

2974 Apr 12

27

Apr 25

53% Jun

21

21

64
Dec 26
36% Mar 12

21% Jan 30
s

•'46

27

Oct

-

—

; Feb

26

Oct

July 27

337/a Nov

1

8

—.15

95% Apr 18
4% preferred
42% May 27 * "Tidewater Oil common

'

36

287a Mar 21
307b Oct 15

9

16% Nov 29

21

*12

30

"24Tb Feb

20

2

47% Mar 26

104

'

23% Nov 27

137b Deo

26

28% Feb

19

33

Jan

*43

2574

45

23%

45%

21 %

13

43

21%

22%

13%

*38

137b

42

3 7a

*38

3%

3%-

13%

147b

1274
157b

127b
It

18%

18%

19%

18%

*25%

47

47

45

25%

24%

*42

217b

2274
*38

16

200

9,800
'

43

22%

23%

13%

13%
42

*38

4,0:0

2574

*38

23

16,600

137b

4,300

43

37b

700

——

4%
147 b

3%

4V2

3%

14%

157 b

14%

11%

12"

12

127b

117b

12

11,500

1574

12%

157b
5%

43

44

187b
45

24%

14 7 b

14

ll'7b

22%

1374

42.

18%
5%

16%

1774

16%

1674

13,600

5%

5%

57b

5%

28%

287a

287b

9,500

102%

99 Tb

1007b

37b

37a

13%

227 b

13%

13

137b
42

*4274

45

1,900

187b

26

45

56,800

51%

*40

45

247b

500

27%

51

19%

47

26 7b

26%

'

51 %

24%

6,900

8,100

147 a

34,200

53,200

IT
13% Feb
20 Tb Nov

15

5% Nov

15

157b Oct
"

31% Feb 10
10874 Jan
21

26

~

Union

Asbestos & Rubber Co.——.8-

2674 Oct

22

377b July 22

Union

Bag-Camp

133% July 17

17

Oct

21

124 % July 10

Union

Carbide

2

98

Oct

22

Union

Chem

17

24% Oct

22

Union

Elec Co

88

47% May

8

'

<

28

2974 Mar 19
100% Jan 21
82
Jan 24

Jan
Jan

9

Sep

13

93

Jan

11

80% Jan

11

Feb

15

68-

Aug 20

104

Jan

5

78 74

Sep

16

89

Jan

2
22

2

417b Oct

22

647b Jun

5

Union

Oil

8

Uhion

Pacific

"

78

NoV 29

83 % Nov

'52

.

Jan

30

■

65% Apr
39% May

10
1

11

Oct

1

29

61%

107b May
.

May~25

36

.

Apr

31% Jan

96% Dec

Oct

21

7% Oct

23

Oct

23

31

22

50% Oct

9

10

22
14

152

Jan

115

Jan

17

.4

11374 Jan

23

166

Dec

18

101

Oct

103% Oct

10

121% Dec

18

77

Oct

17

9V8 Mar

23

44% Dec

Nov

20

32%

25

% Oct

Union

Twist Drill

United

2

Aug 22
18% Oct 22

24

Lines
of

—

—

1

24

9

41% Dec

27

6 % Jun

20

7

Jan

3

6% Jan

11

7% May 20

United

Corp

6

Dec

14

23

Jan

9

27k Oct

11

9% Jan

United

21

Jan

17

36% Dec

18

22% Oct

22

12% Oct

22

16% Jan

11

United

Engineering & Foundry

39% Oct

22

47% Jan

* 9

United

Fruit Co

38% May

8

United

Gas

Corp

38 V8 Feb

Improvement Co

13% Jun

8

43% Dec

12

1674 Aug 20
55

Mar

5

13

United

46% May

387b Oct 24

Mar 21

United

7174 Jun

8

35% Jan

9
11

Co—.

Carbon

United-Carr Fastener

Electric

United

28% May 11

35

Aug 14

28% Oct

22

3574 Jan

23

417b July 3C

33 V» Oct

23

19

United

Gas

57b Nov

20

7% Jan

6

Oct

23

6% Jan

11

United

Industrial

147b Dec

12

19% Feb

29

117b Oct

22

15 V* Jan

9

United

Merch

1% Dec

31

2

United

5

*

,

Oct

21

32% Oct

22

3074 Sep

13

30% Sep
41% Oct

3

31% Oct

24

4

76% July 11

1

3% Mar 26

797b Oct
287b Jan 23
20% Aug 9
52 Va Nov 29
155

Dec

3

15% Dec

27

24

1% Jan

U

S

Borax

"4%%

22

39% Jun

86% May 20
5

U

S

&

22

34% July 16

U

S

Freight

77

5174 Apr

16

65% Oct

181

Feb

147

1

Aug
8
5% Oct 22

Jan

2
24

17 Va Jan

7

Jan

7

162

35

Dec

4

15

Nov

9% Oct

22

17

Nov

14
15

19% Mar 22

42

49% Mar 16

41% Oct

24

45

see

page

28.

,

26

Aug 22

36

7b Apr 22
Jun 12

Chemical

preferred

25% Oct

2

&

:

U

8

110

80%
4574

427b

447b

32,600

257b

24 %

2574

67,100

24%
774

2674

237b

24'

537b

24%

25%

25

54

7%

8

77b

8

81

*24

8

527 b

26%

2574
237b

5174

52%

*101

115

102

102

*101

110

*81

82

17

177 b

26

26

*89

17 74

267b

5,800

24

54 74

10,900

267b

24%

257b

19 y4

16%

177a

2674

27

<;

100
900

35,900

18

8,200

277b

2,600

93

*89

93

19%

1,100

33,700

18%

1974

19

19

2,500

4974

477b

49

4674

48%

8,600

397b
67b
27b

397b

397b

39%

387b

39

38%

67b

6%
27 b

67b

6

3

3

22%.

674
3

1^

1

797b
44 7b

19

2374

23%

2374

12 7 4
3974

1 374
4074

127a

137b

1374

40

4074

28 %

297b

'4074
29

33 74

337 b

40

.1%.
3374 34%
31
3174
447b
46
- *81
82
26%
277b
217b
23
57%
59
*15174 150
674
67b
—*27 '
28%
10 7b
107b
42 74
42 7b
*

*78 74

807b
45

46 74

1874
44

11%
1

preferred series A.——50

42%

18%
467b

*89

19%

1

Industries Inc common—.—..1

4%%

*78 7 b

110

93
19

48 7b

^74

u-100

697b

16%
257b

34%

1
No par
U S Gypsum Co common
4
7%
preferred
100
U S Hoffman Mach common—82%c
5 % class A preference
.—.50

*68 7b

167b
2 5 7b

57b

Co

<59

1774

*33 7b

Foreign Securities

*67%

20%

13 %

Corp—1

68

83

23%

—25

81

68

210

88

*75

19%

„

20,500

88

81

81

2 6 74
93

257a

88

*75

10%

1 374
41
2974

Park City Mines Co (The)„1

preferred

2OV4 Oct

22 Va July 19
44 Va July 20

For footnQteg



6%

'

88

81

88

83

13
40
287b

5

257b

25%

20

41,300
2,500

*75

18%

2
Inc

2574

25-74
88

3,000

1974

20

83

10

Mfrs

247b

1974'

19

23%

—5

United Shoe Mach common—.—20

39% May 9
28 Va Oct 24

Aug

&

18

101

83

67b
27*

NO par

Corp

10t%
19%

13 7b

40

1

Cos

28%

287b

9974

83

19

(Del)..No par

Coal

507b
537b
*101
115

4474

..No par

(Del)—.

7%

25%
22%

277b

20

167b

Dye & Chemical Corp com_.l

62

27% May 16

22

247b

77b
2 5 74
2174

57b

82

26
*89

$4.50 preferred—.—.—
.-No par
Board & Carton Corp——10

15

Feb

Oct

24

8

•

187b

America_-.N0 par

717b Mar 26

44

25%

807b
44

-

82

10

28% Apr

•

417b

5374
55
*10174 115

pfd—.100

conv

Inc..

14

107

*78%

2274

20

7

80%
4374

22 74

48% Jan

Dec

697b

Co——5

207b Dec

93

*68

267b

Corp

Biscuit

88%

77b

(ser of 195G)

United Artists

Apr

41%

5
preferred-^—.100

25%
81

25%

4%

Air

24%
*87
*75

lo

convertible

United

100

86

*7874

Aircraft Corp common

United

-25%

No par

4%

14

177b

68%

68

common.—10

Co—

Car

29% Mar 14

22

Co

preferred

Tank

Apr

25% July 22

17% Oct .18

Apr~20

non-clim

Union

90 Va Jan

22

357b Jan

4%

4

2

RR

98

88%

25

California

2674

5%
2774
99%
18%

31

88'
*75

No par
No par*

series

$4

of

33% May 16

10

18% Oct

26

Preferred

277b
287b
90% 101
17
197b
2574

-NO par
.No par''

Preferred $3.50 series.
-

'

10
10

common

Preferred $4.50 series

2

43VrJan

25

30

No par

v.

.

5%

Corp.—6%

Paper

Corp

Preferred $3.70 series—

•

2174 Oct

Oct

87b Dec

28

24

79% Jan

1
i.Nopar

& Materials Corp

91

13

"5

Aug 13'

30

27

817b Oct

8% Apr '11

112

5

927b Dec

22

22

28% Apr

,

Nov 29

'*25% Dec

21

5% Oct

Apr 23

8

Udylite Corp (The)—•
Underwood Corp

16% Apr 29
33% Jun 26

11% Oct

16% Mar 19
44
Mar 27

9

.

28'/8
*33

57b

93

3

29
3374

5V4

117b
11%
.1
1
327b 33%
31
31
42
44%
8074' 81%
257b 267b
2 0 74
2 2 74
58
5974
*151% 155
574
6%
27
2T
9%

42 7b

1074
427b

5

5'A

1174

117b

*89

74

23%

"

337b
5

11%

38%

1,000

6%

6%

0%

40,500

374

3 Tb

3 V4

19,100

23%

237b

24

3,100

1374

127b

13 7 b

9,400

41

40

74

40%

36,200

297b

28%

29%

20,800

♦33 Tb

33%
»

57 b

5

33%
574

11%

12

12

1,300
11,600
22,700

13,700

34

34 74

35 74

1
3374

17b

3374

3474

10,100

31

31

317a

31%

32

32

44

45%

43

457b

4174

43%

797b

797b

80
28 74

.1

17a

1

1%

.

250

26,000
750

83

79 7b

267a

28%

28

2974

2774

22

2274

23

24%

23%

23%

9,600

5874

607a

6074

62

6074

607b

11,40*

*79

*

*1517b
6

*26

'

107b
*417 b

155

674
28

15174

1517b

*1517b

6%

67b

6%

*26

27%

11

11%

11%

427b

41%

41%

*26

11%
*41

154

674
29

10,600

20

40,300
100

1174

38,803

42 7b

300

'1

The Commercial and Financial Chronicle
28

.

Monday, October 28, 1957

.

.

(1864)

RECORD

NEW YORK STOCK EXCHANGE STOCK

36% Dec

11

8'/a Jun

15

23% Jan

11

9 V*

14

35Y4 Aug
Jan

19

6

61% Dec 28

70

32'/a Nov 29
31

Dec

26

92

42% Nov

26

173/a Dec

17

Feb

71% Sep

Jan

58

Dec

28

69

51% Jan

23

4

73% Dec
Jan

28
7

17

38

27

14 Va Apr

10% Jan

27

99

Dec

31

73'/a Jan

47/s Jan

9

23

155 V4 Jan

30% Dec

7

39

Apr

12

167

Feb

15% Feb

22

8

Jan
Jan

Apr

19

Jun

21

79% Jun

21

21

41

21

30% Oct

22

36

24

Apr

Jun

21

155

Feb

4

30% Jun

7

135

20% Oct 22
68
May 14

Jun

3

8%

20

26

38 V4 Feb

9

3

12 % Nov

4

Jan

7

68% Mar

40% Dec 20

22

50% Jan
13% JaD

Oct

14

18

Sep

5
7

21

28
9

ll'/aJan

2

^1% Feb

28

Oct

23

Oct

25

129"

Feb

" 7"

130

Feb

2

123

Sep

12

128

Feb

20

123

25% Dec
Dec

28

82

Aug 23

23% Oct

34% Mar 26

26

24
18

74

38% Apr
128

Jan

6

78

94% Apr

21% Nov

13

105% Dec

20

43% Oct

Aug 29

84

Mai

124

Apr

28

ill

20

90

May 29

98

Mar

116

Feb"l3

Oct

30

103

Feb

13

78% Jun

85

Dec

28

106

Mar

July 24

26

103% Feb

31

17

Oct

22

37% July 11

10% Oct

Dec

87

82

25

12 % May 24

12% Dec

14% Dec

14% Dec 27

27

22

Jan

3

14

Mar 13

93

IIV4 Oct

31

10% Dec 26

1

preferred
Materials Co

Vulcan

21 Va

Jan

91

*87

91

*87

142

20

19%

20

19%

19%

2,100

28
51-

32

30 Va

32 %

30%

31 %

14,600

51

*51%

51

51%

51

53

53 3 4

55

56 %

53%

138% 140
17%
17%

138%

141 %

52 %

55%
139

138%

•

17'A

17%

17%

32 Va

32%

32%

9%

9%

10

10%

10%

6

6

6
x74

6%

76
7

,

6%

7

14%

•

4%
75%

13%

15

*13%

4%
76

4%
*74%
21 30%

23
32

*

25%
32

139%

*21%

22 %

21

21 %

21%

69

68%

68%

68

68

22%

221/4

22! a

22%

23

27 Va

29%

28 Va

29%

27

f

5

800

32

138 Va

140

60

21%

2.40C

69%

260

23%

5.700

28

29

21%
*67

5%

23,200

5%
14%

14

14'%

1,900

231/2
12 %

2,800

JA

23'A

23%

23%

22%

12%

12%

13%

12%

12 To

12%

40 Va

42

40%

X40

%

41%

2,500

43%

24%

75
13%
82%
22% 23%
100
101
*80
82
*82% 87
*80
85 Va
27% 29
10%
10%
12
12%
13

78

*124

*124

124

*124

*120%

120%

-

5,000
10

124

*120%
23%
*72
12%
79
22%
100
*80
*82%
*80

124

57,200

__

51%

*124

—

5,800

5%

5%

14%

5%

*14

43

50

-

8.800

24'%

24

23

49 Va
*40

54,900

76

23

12%

13
51%
42

IOC

4%

4%

15

5%

14%

5
14 Vs
22%

3,700

22%

20%

6

150

6%
15

*31%

139%

138

138

140

*138

73 Va

*75

24 Va

31%

31%

■1

3,700

6

*6%

4%

260

2.100

10 %

73 Va

32

24Vo

21%

22
31

32%

*13%

76

*75

76

*74%

5,100

17%

5%

15

4%

4%

4%

.-.•A"-:.

17%

6%

6%

*13%

3,700

32%

74

G%

'

6%
13%

240,00C

55%
140

*10

6

73

75

75

74

6

6V4

900

51

*50 %

32%

9%

*72

1

common

124

'

*72

75

24 Va

24%

24

23%

13

87

22%

99,

99% 100%.

*80

29%

29

10%

10%

10'A

10'A

1,400

12%

12%

12 !4

12 Va

3.9GP

14%

14%

14%

14 7

8

1,500

28%

10%

10%

11%

12

Va

14%

14%

14 %

60
35

60

71 V»

12'A
*83
8

—

28%

27

70
13Va

84

*80

10%

13
28 'A

82
87

85' '3

12

61

590

*80

87

28'A

35%
12%

98%

*80

10%
ll'A

34%
12%
27%

1,000
18.20G

98%

*82%

26

60

13/200

87

*80

36%

13%
87

22%

85 %

*82%

63

13%
22'A

*82%

85%

62%
35%
13

5,200

75

82

*80

82

87

preferred——100
—15
Waldorf System
No par
Walgreen Co
10
Walker (Hiram) G & W
No par

23 %

22%

10

24'A

*'84 %

90

22%

82

14%'

13%

13%
*85

87

23%
*72

99

23'A

100%

14%

24%
75

*72

75

13%

Va

13 '/a
83

1^%

convertible preferred

5%

1,550

140%

140

140 %

19'A

32%

23%

32.400

29

140

10V4

49
*39
"124
124

20

91

36 %

35%

37%

36

36%

35V4

141%

16

Aug 12

77

*87

35%

140 Va

22

100
8
100
—100
100
100
10
10

div

6%

20% Aug 12

91

70

*69

1

140

noncumulative preferred—100

preferred
$4.04 preferred
;
$4.20 preferred
$4.12 preferred
Virginia Ry Co common

83

70

19

12%

$5

6

*69

29

10

partlc preferred
Virginia Elec & Pwr Co com

12

70

140
17%
32 Va

21

2.50

4

*69

33 Va

75%
21
31%

issued

'

28 3

28%

29 Va
70

16.800

20%

i

~

54%
140'a
17%

"138

Inc

*64

66

26Va

Raalte Co

66

8%

19

14%
22%

6°/>

Mar 27

Dec"l8~

93

104"

*87
34Va
140%

28%

5%

May 22
Feb

11,900

6

Victor Chemical Works common—5
3%% preferred
100
Va-Carolina Chemical com—No par

8

11

27%

5%
14%
22%

When

6

21

26%

3C%
51%

6%
*13%
4%

Vicks Shreve & Pacific Ry com—100

22

2% Oct
97'A Jun

28%

26%

21

25% Jan

21

30C

28

74

100
12.80

Light Co

&

Vick Chemical Co

33% July 15

12%. Oct 22
Oct

Oct

66%

1

preferred

Power

Van

25

124

22

*64%

69
22%

25

Oct

124

65%

65%

10

Vanadium Corp of America
1
Van Norman Industries Inc com_2.50
$2.28 conv preferred—
5

14% July 16
57% Oct
4

40

124

19%
*64
28%
*69

70
22%

Utah

9

May

29

22% Oct

19%
65
29%
09

20%

Vertlentes-Camaguey Sugar Co—6%

2

Oct

6

37% Apr

21

22

5

4

17% JaD

8%
20%

*68%
22%

12

10

73

8%

20%

100

preferred

4%%

Jun

29 V4 Apr

Oct

22

14

55% May

12'A Dec 21
25% Nov

D«o

1

26% Oct

82 % Mar 29

12

70

8%

20%

-

51%
140
17%
*32%

com_No par

Tobacco

Universal Pictures Co Inc com

14

Dec

24% NOV

,

Stockyards Corp

Universal Leaf

*8 ',4

19%

91
35%

29
51

-:

100
No par
preferred—25

preferred
noncumulative

8»A

19%

3 41
141%
19%
19%

1

1
United Stores $4.20 noncu 2nd pfd_5
$6 convertible preferred
No par
United Wallpaper Inc common
VI
Class B 2nd preferred
14
United Whelan Corp com
30c
$3.50 convertible preferred..—100
Universal-Cyclops Steel Corp
1

26

Oct

100

Tobacco Co common

United

6'A May 15

2

preferred

200

8%

*8%

8%

34

5

common

1st

Corp

12,300

27 Va

27

2d

27%

Shares

Oct. 25

Oct. 21

27%

27V4

27'A

26

27

69
*87

100

Smelting Ref & Min com—50
preferred
50
Steel Corp common
16%

1%

17

5

Co

noncum

1%
U S

21

10

S

'7%

4

87

11

75% Oct

29% Mar 12

U

U S

5

24

Rubber

8

8%

25
22

13% Sep
4% Jan

6

Dec

23% Dec 20

Jan

3b

25

21

137

18% Feb

1

6% Oct

4

U

11
24
2
25

61% Jan

1

•

10

preferred series B

U S Shoe

22% July 15

5% Oct
Oct

3

May

82

20

Mar

Aug

73

3
26% Aug 15

4% Feb

73 % Jan

9% Oct

10% Aug

13% Dec 26

64, Va Jan

24
22

17

Mar 23

Dec

6

22

Oct

31

9

7% Dec
82

Oct

51

23

17

12% Jun

12

3%%

4
24

Jan

25

136% Jun

9

5

Plywood Corp common
1
3%% preferred series A——100

4

49% Jan
156

Jun

28

16
10

Dec

33% Dec

Mar

Aug 26

50% Sep

20

19% Jan
Feb

169

Nov 30

143

87

94

36% Jun

17% Feb

31

Mar

21

34

17
10

56

Oct

May 13
Oct 21

135

1

19% Sep

170

8%
19
64%
28%

U 8

69

67% Mar 14

29

142% Dec

U S

13

2

25

88

July 18

128

25%

—10

preferred —
Pipe & Foundry Co
Playing Card Co

S

67% July 24

Jan

26% Oct

51% July 18
90% Mar
2

81'/a Dec

U

Oct. 22

Oct. 23

the Week

Friday

Thursday

Wednesday

Oct. 21

1

Lines Co common

4%%

4

27"% Jan

21

Oct

63

1

7

8% Jan

Aug 23

8

July 13

U S

37 % Jan 24

14

23% Oct

Pat

EXCHANGE

Highest

Lowest

Highest

Lowest

22% Jan

Sale* for

SALE PRICES

HIGH

Tuesday

Monday

NEW YORK STOCK

Jan. 1

Range Since

Year 1956

AND

LOW

STOCK8

Range for Prevloaa

'

2 91/4

17,400

w
Oct

60

3

83% Jan

74% Nov 28

22

34% Oct 22
19

14% Jan

26

33

Nov

29

75

12% Jan

30

13% Dec

12

13% Dec
29 '/a Sep
64

'

20% Sep

14

Aug

22

31

Aug

8

86% Jun

13

69

Sep 26

13 Va Oct 22
12'/a Oct 25

7

17% Mar 12

6

22

16% Jan

2

Ward

23

28% Jan

3

95 Va Jan

Apr 30

8

Oct

18% Jan

27

29 "A Dec

26

1!)% Sep

40% Feb

9

42 Va Feb

12

68% July 16

1

49% Aug
40% Jan

9

37% Oct

9

30% Oct

22

38j/4 Mai

Oct

22

5%%

35 % Dec

25% Feb

9

26 Va Oct

11
21

26% May 3
32% Mar 27

Jan

3

19'/« Feb

8

27% Dec

14

2% Dec 26

4% Apr

«

30% Oct

17% Oct 21

52% Feb
44

16

Dec

22 Va Oct

3

25% Jan

10

97

26

14

34% Jan 29

5

16 % Oct

22

23% Oct

21

13

90 Va Oct

22

112 Va Jan

28'A Jun

4.8%
West

West

Penn

92

Dec

12

105

Mar

2

83

July 24

95

JaD

28

4.20%

88

Dec

20

105 *

Jan

27

80

Jun

93

Feb

18

4.10%

42% Jan

30

63

Apr

18

32

Oct

11

47 V2 Jan

11

Mar 27

108

Jan

12

93% Sep

25

104% Mar 20

25% Dec

31

17% Oct

22

25% July 31

104

18% Jun

20

18

14'A Jun

4%%
Western

15% Dec

13

16% Dec

5

93

Dec

28

105% Feb

23

88

Aug 12

98

47

Feb

13

67

May 10

49

Feb

11

22%

23

43%

5

pfd

100

100
100

17

82 %

66% Oct

21

58% Nov

29

86

July 20
May 9

48 Va Oct

21

67% Sep

Western

5

14Va Oct

Supply Co com

5

22

52% Feb

12

82% Dec 27

99% Jan

4

79% Aug 19

Feb

17

69% Dec

17'/a Nov 21
26% Nov 29

128% Jun

5

46

Jan

20

94

Sep 28

22% Mar

130

20

128

19

68% July

Western

92

Mar 25

4

31

35% Oct

22

69% Jan

2

Jan

24

86% Oct

23

96% Jan

9

23

16% Oct

21

26% Mar 22

Aug 30

80% Feb

15

58

62

31 Va Jan

18

24 Va Oct

27% Dec

20

36% Feb

1

99

Apr

10

9

Jan

23

26% Feb

16

30 Va Jan

~30

50% July 24
102
Jun
8

13% Apr
2
29% Mar 14

12% Jan

23

May 10

Oct

22

100% Jac

Oct

22'

13% Jan

10

20% Oct

22

29 V8 Jan

14

Oct

24

47

Feb

18

28% Oct

22

62'A Jun

13

16% Apr
82 % Apr

30

13

May 17

30

68

Sep

11

4

19% Dec

5

14% Oct

11

19% Jan

9

4% Dec

8

Jan 31

26

10'A Jan

9

4 Va Oct

7

5% Jan

21

Dec

31

25% Jan

4

18% Feb

8

27% Oct

8

30y« Sep

26

37% Feb

20

28% Oct

17

34

May 13

9

131

Mar 19

Oct

18

145

Mar 22

21% May 15
29% Oct
1

24% July 10

43% Dec

116

50% Mar 19

41 Va Jan

19

36% Feb

27

Aug

19'A Sep 24
20% Oct 22

22% Feb

39 Va Oct

45% Jar

24

23

60% No*

18

46% Oct

88% Nov 29

99% Jan

24

82% July

83% Nov

30

7% Dec 31

26% May 24

98% Mar

10% Jan

9
4

75
5

Oct

Oct

35

July

*80

' 81

80

80-

Motor

Sewing

Prior
,

$3

100
100

Wilson

&

Co

No par

Wisconsin
6V

10

*

Industries

Winn-Dixie

Inc

10c

Stores Inc.

Elec

1

Power Co

Iron

Co

Co

34% July

9

Yale & Towne Mfg Co

36% Dec

12

25 Va Oct

22

35% Jar

2

Young

10

74'A Oct

21

123% Jan

2

Youngstown Sheet & Tube
Youngstown Steel Door

20

101

Jan

16

July 30

141 y4 Jan

3

19'A Oct

y

Ex-rights,

z

Ex-distribution.




11

9lViFebl2

&***<* Prices- no sales

,

dend.

29% Nov 28

on

30

May 27

126% Sep 18

this day.

Zenith

(LA)

92
5%
*20Va
27
' 30 %
13%
68
*14Vi
4Va

5%

20%

22

30

*28%

30

32

28%

22 V4

30 Va

14

13-%

13%

71

68

14%

14%

68
14%

4Va
25
29

4%

4Va

26 Va

24%

29Va
122

'

28%
*120

4v„

25'
29
122

25

'

7,900

57%

21,100

57%

56'A

33

33

33

2,600

32 >A

31%

32

5,900

27

27%

1,800-

27'A

27%

23

23

20

20%

*22%
19%

600

23 Va

19%

*1%

2

1%

3.800.

2,700

2

1,100

23%

23%

*42%

43

*42%

43 Va

63 %

65

62%

63'A

5.90C.

18

18%

17 Va

17%

4,100-

24%

24%

24 %

24%

91%

92

93 'A

94

23%

23%

10

20,400
360

*84

86

*84

86

80%

*80%

82%

*81

83

36%
95Va

34'A

35%

95

95

19%

19'A

19%

18%

18%

13.800

15%
98
58%
72
55'A
15%
21%
58'A
81

15

15'A

15

15 'A

4.500

33 Va

59
69

52%

53%

56%

5.300

35%

20

98

*94

'A

55
69

~20

97

*94

98

*94

*68 Vt

57

37,100
1.000

72

54 Va

53

13,300
85,300

15%

16

15%

15%

22%

23

22 Va

22%

30,300

58%

56%

57%

87.400.

81

80%

81

57%
*80%

400
••

*127%

*127%

wv-

35,200

4lVa
87%

40'A

42%

40%

41

87%

87%

36%

87%

300

19'A

20

19 Va

19%

15,800

24%

24 Va

39%
92
6
21 Va

39'A

33%

92

29
*120

*56

57%
24%
92

*56

59%

x24%
36%

93

90

3,600

20

20

20

8%

57 Va

24%

1,000

24%

39%

40

*92

7,500

931/2

150

13,600

5%

6 Va

5%

5%

'*20%

21 %

*20%

21 Va

'5001 -

"

28%

26

26

*26

27 Va

300

33'A
13%
68

32%

34

x31%

32%

14;300

13%

13%

4%

4%
25%

25%

29%

29%

*120

122

.

4Va

-

30C-

14%

500

4 Va

4 Va

5,900

25%

26%

29'A

29%
122

71

*14%

15

*14

15,500

13%

71

71

*88

15

13%

*120

15,400

26

3,600b

29%
122

19 Va

19%

4,300

19%

10

19%

19%

19V*

19%

19'A

19%

19%

22

22%

20%

21%

21 %

22%

23 'A

23%

22%

23%

39%

40%

39'A

39%

39'A

39 Va

39%

39%

39%

28,000

49%

51'A

49

49%

8,000

82%

83%

83 !4

83%

150

79 V4

80

80%

81'A

1,900

5 !4

5'A

3,900

12,300

47

*84%
77Va
5

48%
85

78

5%

47%
84%
75
5

48%

49

84%

83%
76
5'A

39%
50%
84Va
80V*
5'A

76 y4
5%

6V»

5%

•

7,800

10

25%

26%

25

26

25'A

26 Va

26

26%

26

2 6'/a

5

26%

27 Va

25'A

25%

26

26

25%

26%

26

26 Va

2,500.

No par
No par

:

Spring & Wire

Radio Corp.

92
5

18
*56

36y8

*68
14%

*120

5

131% Dec

Oct 22

35V8

2,100

12%
83

8%

19%

39'A
86%

35s,38'/2
87%
88 '
16%
18
*56
59%
24%
25

13%
.

10

Worthington Corp common
10
Prior preferred 4%%
series—100
Wrigley (Wm) Jr (Del)
No par
Worsted

5%

*127%

12 Va
82

8!Va

10

Co

(F W)

93 'A

'

»•

20%
57'A
*80'A
* 127 Va

12%
84

10

Public Service Corp

8

25

30

100

com

preferred

Wyandotte

22'A
*28

50
No par

Inc common

$4.25 preferred
Wilson-Jones Co
Windsor

93'A
5%

5

19

7

35%

20

Jan

34V« Aug

34%

100

83% Feb

24

88
18V\
59%
25%

common—1

preference

Woolworth

8% Apr 11

40V8

87%
16%
*53
*24%

1

-

Machine

—

36%

80

convertible preferred—

Woodward

3

*127%

20

common

Wilcox Oil Co

8

92% Mar 15

Co

preferred

White

6

68% July 15

21

15V«
20%
56 Va

1Q

3

88% Jan

49

55 Va

Wisconsin

17
22

51%

68
51

20

5JA%

7

5

17

127

66V4
14%

4'A%

8

Dec

20

68'

15
98
54%

57

White

75

49

21V*

28% Mar 14

16% July

15
*94

19 Va

15Vt

Wheeling Steel Corp common
10
$5 preferred
No par
Whirlpool Corp common
_5

"

14% Jan

69

15%

98
53%

33%
*94
17%

55

53% May 24

68% Jan

19Va

86
83
36
95%

20'A

convertible preferred
White Dental Mfg (The S S)

92

26

61

Aug 15
25

34% Oct 21

*80%

14%

preferred series B
Wheeling & Lake Erie Ry

28% Feb

103

"84

83
36%
95%

2.50

Telegraph

3.80%

8

21% Jun

86

(56'A
48%

Westinghouse Air

8

129% Feb

July 22

Union

35%
*94
18Va
15
*94
56Va
*68'A
52%
14%

90Va

15

No par

RR

80%

25%'

90%

1,900
2,600

16.40C-

313 4

24%
92
86

24

14

56 Va

42%
65%
18%

Brake
10
Westinghouse Electric common_12%

4

33 Va May 14
„

Pacific

62%
17%
24%
90%
*84

73V4

13%

32%

23

42%

62%
18

93

*94
50Va

preferred
!
100
Maryland Ry corn—No par
noncum 2nd preferred
100

4%

23

43'/a

24%

36
*94
19%

1

4.80%

2

20% Jan

22

36% July 17
65% Mar 20

Oct

.50% Nov 29

Apr

17%

23

*42%
61 "A
16%

28%

72 Va

14'A

20

2

*22!%

64

28 Vi

73

8%

19'A

2

,:80%

5

18%

18%
2

*84

100

Lines Inc

Auto

61%
17'A
23%
90%

22%

28%

12'A

27%
23

*42%

Western

68% Feb

87% July 11
88% July 11

27%
"22%

50
1
4

preferred
Air

27!a

2

preferred series B
preferred series C

Western

27

22%
17%
1%

West Va Pulp & Paper common

16% July 30

24

4%%

/

1.000

37

83

56%
32
32

23%
18%

Sugar Corp

Power

27%

53%

31%
30 Va

12%

13%

20

32
30%

4.200

*12%

72%

14

37%

12%

28%

;

38%

12 T b

12%
84Va
8%

20

com—2.50

Snowdrift

ds

12%
85
8%

30

33
32 Vn

27

1

14

38

71%

20
54

21%
17%
1%

preferred

Indies

31

1

28
71
13%
12'A
84%
8%

30%

54

82%

5

12%

27%

G0C

61

*60

61

*60

37%
12%
28 'A

19%
51%

20

51

5

West Kentucky Coal Co
West Penn Electric Co

5

Mar 20

105

Oil

Wesson

23

73% July 23
39% Jan
4

2

Mar 20

29

48 Va Jan

Aug 14

Va Jan

41

19%

No par
No par

Wayne Knitting Mills
Wayne Pump CoWelbilt Corp

8Va May 15

12%
85
8%

Pharmaceutical—!

Waukesha Motor Co

21

42

2
21

44 Va Dec

25% Jan

17

l7/a Oct

43% May 10

1

44% Nov 26

20% Feb

Nov

8
9

Corp

Washington Gas Light Co
Washington Water Power

34% May 24

21% Oct

37% Aug
27
Mar

22

36% Jan

38 Va Mar 23

20

Industries

Warner-Lambert

28

30

Co

preferred

12'A
*83
8%

5

Warner Bros Pictures Inc

25

13%

1

Ward Baking Co common

Oct

72
14%

100
1

Walworth

16Va July 12
24

82

28
71

2.50

18% May 29

28

Feb

20

15% Nov 23

Wagner Electric Corp

22

27% Oct

Mar 20

106

95'/a Dec 17

66% May 15

12% Oct

0
6

Jan

Wabash RR 4%%

24

74'A
20%

78%

74'A

76%

77

79%

78%

81

771%

78%

29,200

21V8

19%

20 Va

20%

21%

20%

21

106%

110'A

106 'A

1081/4

113%

108'.'a

—No par

tin receivership, or petition has been filed for the

20

108%

company's reorganization, a Deferred

20%

110

111%

delivery,

r

Cash sale.

wdWhen

110%

distributed

7,500

8,300

xEx-dlvi-

dumber 5685|.

186

Volume

.

The Commercial and Financial Chronicle

.

(1865)

Record

Bond

New York Stock

««
FRIDAY

v
„

The italic letters In

column

the

Figures

Range for Previous

-

93

17

Dec

98

17

81.12 Dec

12

91.12 Dec

12

91.3

Nov

12

90.12 Dec

Der~l2

89.21

90.22 Nov

96.30 Nov

]%OV

month

of

when the bonds
point.
■

a

LOW AND

96.30 Nov

88.10

13

97.8

Oct 1969
June 15

May~31

92.24

Feb~Il

Mar 28

97.8

Treasury 2 Vis.,

Dec 15

*99.30

Dec

84

13

89

Dec

13

Dec

7

99.28 Jan

16

101.16 Feb

24

101.16 Jan

9

101.16 Jan

17

102.16 Jan

5

Feb

14

25-year 3s

17i

90

Feb

4

25-year 3s

25

90.30 Mar

5

30-year 3'As

17

100.8

97.20 Mar 12

May 16

103.4

Feb

84.8

Sep

82 % Sep

96.16 Apr
100

Jun

25

96.16 Apr
104.24 Feb

18

15

Oct

*100

100.8

93

*92.20

92.28

*93

93.8

*87.24

*93

88

*87.24

88

*88

88.8

*95

*88

95.14

*95.6

95.10

*95.12

95.16

*95.10

*

99.12

*99.4

99.12

99.12

*99.4

99.12

*99.4

98

*97.24

98

*97.24

25

98

*97.28

98.4

99.16

*99.15

*97.28

99.17

99.13

*99.17

99.19

*99-16

98.14

98.16

*98.17

*94.4

94.8

*94.2

94.6

98.19

*98.17

98.19

*94.6

94.10

*94.6

94.10

*90.16

90.20

♦90.16

90.20

*92.4

92.8

*92.6

92.10

88.12

*88.10

88.14

87.16

*87.22

87.26

87.16

*87.16

87.20

87.10

*87.8

87.12

*86.30

88.7

*87

87.4

86.4

*86.12

86.16

85.18

*85.26

85.30

*85.28

86

86.2

*86.8

86.12

*86.14

86.18

*93.30

94.2

*90

90.4

*90.2

90.6

*90.6

90.10

*93

93.4

*92.30

93.2

*92.30

93.2

*87.24

87.28

*87.26

87.30

*87.28

88

*88.8

*87

87.4

*87

87.4

*87.4

87.8

*37.12

*86.26

86.30:

*86.26

86.30

*86.28

87

*87.12

*86.20

86.24

*86.22

86.26

V*86.22

86.26

*87.6

*86.14

86.18

*86.14

86.16

*86.12

86.16

*86.6

86.10

*86.4

86.8

*86

*85.14

86.13

*85.14

85.18

*85.14

*86.2

86.6

*86

86.4

*85.30

20-year 4'/2s
115-year 2'/2s

97.28

*97.24

97.29

*97.24

97.30

98.2

99.2

*09

*97.30

98.2

99.2

*99.2

99.4

*99.3

99.5

*96.29

*99.2

99.4

96.31

*96.30

97

*96.30

97

*97

97.2

*97.1

97.3

*92.28

93

*93.4

*92.28

*97.30

93

*92.28

93

93.8

*92.26

*93.2

92.30

93.6

*92.24

92.28

*92.24

92.23

*93

93.4

*94.22

*93

94.20

93.4

*94.24

94.28

*94.22

94.26

*94.28

95

*94.26

94.30

1

*87

88

88

*87

88

*87

88

*86.16

*82

*86.16

88

84

*82

84

*82

84

*82

84

*82

*79.16

1976

11981

84

81

*79.16

81

*79.16

81

*79.16

81

*79.16

90

*89

90

*89

90

*89

90

*89

*91.16

90

92.16

*91.16

92.16

*91.16

92.16

*91.16

92.16

1969

*93

*91.16

92.16

94

*93

94

*93

94

*93

94

*93

94

99.16

*98.24

99.16

*98.16

99.8

97.16

*96.16

97.16

*96.16

Jan

1

11977

*98.24

—___Sept 15 1959

*96.16

Oct

11958

*99.24

21-year 4'As
1i4;,/4S

May

11978

*94

Nov

1

100.8

*99.24

1980

*99.24

95

100.8

*94

100.4

"99.24

95

*99.24

*98.16

97.16

"94

95
99.24

*99.24

99.8

*98.8

*96.8

97.8

*96.8

97.8

*93.16

94.16

*93.16

04.16

92.16

*91.16

92.16

*91.16

91

*90

91

*90

due Feb 15

1959

*96.8

97.8

due Feb

1960

*93.16

94.16

due Feb 15 196i
due Feb 15 1962

*91.16
*90

has not as

yet been admitted to stock Exchange dealings.
RANGE

Friday
Interest

Exchange

Period

Canal

or

Sale Price

Friday's

Bid

1961—

New

York

ENDED

OCTOBER

High

.Ian.

Wo.

Low

*103

Corporate

Stock

York

Stock

(continued)—

3%s

City
June-Dec

series

No.

91%

15

91]*.

88r

No.

Foreign Securities

series

No.

23—

series

No.

24—.1

No.

25

No.

No.

series

33/4.3

series
series

No.

sink

fd

7s

2nd

ser

No.

sink

fd

7s

3rd

ser

30-year 3s s f $ bonds 1978—„
Australia (Commonwealth of) —

15-year
15-year

33As

15-year

June-Dec

1971

5s

June-Dec

93%
100%

I ABavaria

(Free State)
6'/2s 1945
4%s debs adj (series 8) 1965
extl loan

5Vis external loan 1972
A Berlin
(City of) 6s 1958—
deb

adj

ser

loan
A

Feb -Aug

series

N*.

June-Dec

Stamped pursuant to Plan

A

reduced to 3.5 %) 1978
s f 6'/2s of 1926 due

AExternal

—:—Apr-Oct
June-Dec

pursuant
to

to

Plan

3.375%)

series

No.

2

94

96 Va

93

97%

98%

99

June-Dec

*92 'a

98

93%

99

*92 Va

97

93

99

June-Dec

99

*92%

93%.

97

473,4

47%

"A

46%

51

83 :',4

84'

24

81 Va

90

83%

84 %

21

81%*' -90

88 :A

(Dominion

51

A Chile

32

84%
84 %

94:,/4

91%

98%

85

86

52

84'A

93 %

92%

9334

34

91

99

100% 100%

88

.

99%
165

103%

89%

94

80

*111%

101 %

177 Va

87 %
52

99 %

1013i

—

118%

107

v

163%

106 %

•

*135

May-Woo

1962

sinking

assented

6s

April-Oct

,—

*

fund

1963-

—May-Nov
May-Nov
June-Dec

1963

fund $ bq*ds 3s

1993

Mortgage Bank 6'/2s 1957

136

Consol

AChluese
4%s

of

3s ext

II

—

*132

70 %

70 %

—

*36

—

82

40%
78

*75

78%

*36

44

—

Municipal

86

86

—

72%

86

2

*112'A 120

—

72 %

*112'A

--

72 3,4

72%

72%

91%

19

—

65

72 aA

9

86

72 %

72 %

94

97

119

66

77

*36

*75

*75

mm*.

80

— —

2

$

47%

47%

*75

——

78

78

41

47%

*36

35:'a

——

36 1

35'%

*79*

79

Stamped
6%)

48

*75

9- —

41

80

80

41

48

April-Oct
June-Dec

94

14

60

76%

6

June-Dec

3%s

series

No.

3

June-Dec

3%s

series

No.

4——

series

No.

5

June-Dec

33As

series

No.

7

June-Dec

3%s

series

No.

8

*95%

June-Dec

33/43

94

80

81%

40%

40 Va

*75

81

81

433/4

47

*36

—

mm —

10

*8%
80

80

9%

80

•

8

*114
*114

Jan-July

1953 due 1972
4 Vis external
(Dept of) 3s 1978

51

%

51

%

Feb-Aug
May-Woo

52'A

June-Dec

—

n

89

3

91

71'/a

71'/a

*53
*103

Jan-July

55

*47

95

1

95

99%

92%

96

98

96

93

98

series

No.

9

June-Dec

series

No.

10

June-Dec

series

No.

11

June-Dec

3%s

series

No.

12

June-Dec

3%s

series

9234

No.

92%

13

June-Dec

Z.—

*93 '/a

*-

91 %

—

*92%

99

93

%

98

%

to

(interest

reduced

93%

14

June-Dec

No.

15

series

No.

16

*92 %
*93

*93

June-Dec

3%s
3%s
Fir

series

No

footnotes

June-Dec

17
see




June-Dec
page

33.

*92%
.

—

-

99

98

*92%
-1

-

93

,

*92%

44

62

For Financial Institutions

FOREIGN

SECURITIES

FIRM TRADING MARKETS

Carl Marks & f!o. Inc.

*92%

99

Ja

FOREIGN SECURITIES SPECIALISTS
20 BROAD

STREET

TEL: HANOVER 2-0050

•

NEW YORK 5, N. Y.
TELETYPE NY 1-971

98

y

99

93
'

—

62
106

46

April-Oct

98

No.

series

■

101

to

1960

98

series

3%s

—

76%

53

96

3%s

—

75%

.71%

46%

99

94%

3%s
3%a

58 %
74

56

99%

96

— **

*92 %

51%

52%

103%

98%

*92 %

—

118%

75'/.

97

94%

95

—

92

94%

3%s

:

78

82

121

74

April-Oct
June-Dec

1977

80

118%
118%

—

14%

(State)—

assented

extended

993/4

—

92

'mi,—

47

mm —

,>T

9934

97

1

-

mmtJ

..Mar-Sept
1961-April-Ocf

bonds

91%

—

81%

*36

(interest

(Plan B)

46%

47

132

77

35 %

77%

—

*36

—

*36

1961

(Republic of)

Czechoslovakia

81%

*36

*

___June-Dec
Afar-Sept

5s 1951

Sinking fund 7s of 1927 due 1947
(Republic of) 7s 1951
ref

-

81%

*36

*75

sinking fund dollar bonds 1970—April-Oct

Cundinamarca

48

*36

Mar-Sept

IA Costa Rica
Cuba

81

40%
77%

(.J,

77

132

—

co 0

117%

76%

115%

--

*132

June-Dec

112%

'

46%

'

*75

Mortgage Bank 6'/2s 1947
April-Oct
§ASinking fund 7s of 1926 due 1946—May-Woo

8 A

403/4

48%
82%

Mar-Sept

1960—

7s

1960—

Jan

80 %

81 %

41

iAColombla

--

77

—

>

52

May-Nov

6%s 1950
adjustment 1970
(Rep of) 6s of 1928 Oct

1927

79%

May-Nov

(City of)

debt

Colombia
A 6s

1961

(Hukuang Ry)

f ACologne
A

April-Oct
;__Apri!-Oct

1961

1962

assented

A7s

*75

*36

Juno-Dec

sinking fund 6s 1962.:

assented

AChilcan

.

*75

—

June-Dec
June-Dec

sinking fund 6s

assented

A8s
AGs

„

'

assented

AGuaranteed

'A

;

6s

Vis
assented 1957
A 6:,/4
assented
1961

94

5

80

96%

1942——

assented

AGuaranteed

93 Vi

47%

1942—May-Woo

A 6

84n4

■

external s f 7s

fund
assented 1960

A 6s

97

'

(Republic)

AExternal

88%

46

"7

90
90

88 3A
47 '0

—1

(Dept of)

Extl sink

88 3 4
89

1

99

—

—j;

*

I960———April-Oct
April-Oct
AExternal sinking fund 6s Feb 1961
Feb-Aug
A 6s
assented
Feb
1961
Feb-Aug
ARy external sinking fund 6s Jan 1961—Jan-July
A 6s assented Jan 1961—
Jan-July
AExternal sinking fund 6s Sept 1961—Mar-Sept
A 6s assented Sept 1961
Mar-Sept
AExternal sinking fund 6s 1962
April-Oct

90

85 %

II

98

98

3s

June-Dec
1957

1979-

External dollar bonds of 1944
3%s series No.
1
3%s

A

—

(interest

to

reduced

99 Va

*933-4
*92%

June-Dec

27

*94

June-Dec
June-Dec

—

3.5%) 1978
funding bonds of 1931 due 1951

Stamped

88

'

Apr-Oct

April-Oct
Stamped pursuant to Plan A (interest
reduced to 3.375%)
1979
April-Oct
AExternal s f 6Vis of 1927 due
1957——April-Oct
Stamped pursuant to Plan A (interest
reduced to 3.375%) 1979
April-Oct
IA 7s (Central Ry)
1952—
Jane-Dec
Stamped pursuant to Plan A (interest
reduced

—

April-Oct
—

99%

June-Dec

94

96%

89%

92%

103

96%

,

30

AGs

843i

95%

96%

93

'

■

103 %

1950

1970_

89

—1—■

*87

95%

—

4 Vis debt
adj ser B 1978
lABrazil (U 8 of) externa! 8s 1941

5%

—

Feb-Aug
1964__June-Dec

Mar-Sept

4s

90

*93%.

94

99 %

85

>

—

85'a

Mar-Sept

Eelgium (Kingdom of)

4%s

i—

June-Dec
—

1972

$A6%s external

85%
■

Feb-Aug

1969

4Vis

June-Dec

High
98

94,

98

93

89%

—.

46%

--

Jan. 1

Low

^utie-Dec

90

89%

—

*88%

Jan-July

20-y,ear 3 'As 1967
20-year 3%sl966_
15-year 3%s 1962

98

893A

88%

No.

94

8 A 7s

mm

'

*88 "2

--

Range Sine*

Sold

98

'

1957_April-Ocf

Bonds

High

93

29

No.

Range

Friday's

96

I

AExternal sinking

9 8 34

1957_April-Ocf

sec

or

Bid & Asked

*92%

April-Oct

sec

Week's

Last

Sale Price

*92%

Feb-Aug

*88%

transactions.

*92'/a

NY 1-1693

*88%
*88'%

bond

June-Dec

-

*88%

Registered

94

,

28

series

lAChilo

T eletype

Afar-Sep

r

Jane-Dec

Foreign Government and Municipal
Agricultural Mortgage Bank (Columbia;—

AExternal

sale,

30-yr 3s s f $ bonds 1978_Jan-July
of) 23/4S 1974
Mar-Sept
25-year 23As 1975
Mar-Sept
Cauca Val (Dept of) 30-yr 3s s f bds 1978_Jan-July

Broadway, New York

AExternal

Cash

98

22—

3%s

A6s

,

91

e

*92 '/a

26

Canada

Members New York Stock Exchange

—

*90

*92'a

—

series No.

Caldas

A..

91

June-Dec

:

series

3%s

Wertheim & Co.

Jan-July

92.16

*90

-June-Dec

21

3%s

Jan-July
fund 7s ser C 1946__Jan-July
SAExternai sinking fund 7s ser D
1945__Jan-July
A External
sinking funds 7s 1st ser 1957_ April-Oct

*91.16

*92%

20—

3a/4S

§ A External sinking

92.16

June-Dec

19

No.

3%s

98 U

series

series

3%s scries

§ AGuaranteed sinking fund 6s 1947
*§ AGuaranteed sinking fund 6s 1948'
Akershus (Kingdom of Norway; 4s 1968
jAAntioquia (Dept) collateral 7s A 1945
§ A External sinking fund 7s ser B 1945

*91.16

June-Dec

334f>

120

94.16

92.16

Period

18

3%s

REctor 2-2300

97.8

*93.16

4

3%s

Telephone

*96.8

94.16

>

3aAs

1980

97.8

*93.16

Interest

Exchange

3%s

Transit Unification Issue—
3

99.8

*96.8

Low

103'A

100.8

*98.8

High
Brazil

Quar-June

*99.24

91

transactions,

BONDS

New

i

QO

25

Range Since

Sold

*04

100.8

Friday

Bonds

& Asked

Low

3s

WEEK

lot

97.16
100.8

99.8

Week's Range

Last

"territorial Issue—
Panama

FOR

Odd

.

99.8

*99.24

cjk

*99.8

*98.8

*96.16

100.8

*98.8

99.8

*98.16

97.16

*99.24
*<14

99.8

*98.8

15

99.8

*96.16

100.8

100.4

due Feb 15 1958

2s

HThls issue

81

*89

1971

15

2s

Stock

'•

86.20

*90

Jan

—

2s

BONDS

*86.10

*97.24

2s

York

'

99.18

*98.14

•

98.4

*99.16

*98.12

2s—

New

88.8

Oct

15-year 3'/2s

4

96.24 Aug 15

No sales transacted this day.

93.8

98.13

Serial bonds of 1950

price.

99.4

100.10

*99.14

15 1960

Bonds ($)

95.14

99.12

*92.24

May 15 1975
_

_

'Bid and asked

*100.6

the Week

High

93.8

113 Vis
96.24 Aug

Low

*98.11

July 15 1972
Mar

23-year 3%s
19-yc.ar 3Vis

24

Oct. 25

High

Reconstruction & Development

92

9

102.16 Jan

84% July

100.2

Sales for

Friday

Oct. 24

95.16

International Bank for
89

Thnrsday
Low

88.12

*97.24

1959-1962

Nov

100.2

High

*94.4

Sept 15 1967-1972

Treasury 2'/oS

♦99.30

Low

*93

Dec 15 1967-1972
Treasury 2%s_;—Mar 15 1958-1959
Treasury 2%s
___June 15 1958
Treasury 2%s
Sept 15 1958-1959
Treasury 2%s
June 15 1959-1962

Mar 28

100.4

»

Oct. 23

High

*95.12

Treasury 2%s—

Treasury 2%s

Low

Wednasday

*88.4

1978-1983

Juiy"~8

91.20 Mar 28

High

"100

Feb 15 1995

87.16

87.16 July

~9

Low

mature

HIGH SALE PRICES

Oct. 22

8

91.20 Mar 28

8

95.11 Mar

13

the

case

32nds

more

Tuesday

Treasury 2%s
Sept 15 1961
Treasury 2%s
June 15 1958-1963
Treasury 23/4S
Dec 15 1960-1965
Treasury 2%s_:
Mar 15 1958
Treasury 2 Vis
Deo 15 1958
Treasury 2 Vis
Nov 15 1901
Treasury 2Vis
-June 15 1962-1967
Treasury 2 Vis
—Aug 15 1963
Treasury 2%s_i
Dec 15 1963-1968
Treasury. 2 Vis
June 15 1964-1969
Treasury 2%s
Dec 15 1964-1969
Treasury 21/2g
Mar 15 1965-1970
Treasury 2%s
Mar 15 1966-1971
Treasury 2 Vis
June 15 1967-1972

13

95.14 Mar

13

or

Oct. 21

Treasury 4s
Treasury 3%s
Treasury 3s

12

90.26

one

EXCHANGE

—

13

90.12 Dec

12

indicate In each

represent

Monday

Highest

12

90.13 Dec

90.11 Dec

Period"

point

NEW VOVK STOCK

Range Since Jan. 1
Lowest

Highest

Dec

"Interest

decimal

Exchange

YEARLY

—

GOVERNMENT BONDS

Year 1956

Lowest

headed

after

WEEKLY

—

I

1?

29

Financial Chronicle

The Commercial and
50

.

Monday, October 28, 1957

.

.

(1866)

RECORD

NEW YORK STOCK EXCHANCE BOND
RANGE

Interest

BONDS

East

Period

Stock Exchange

York

New

or

Sale Price

Of) extl 4J/2S 1962—April-Oct
&i Salvador
(Republic of)—
37%s extl s f dollar bonds Jan 1 1976—Jan-July
3s ext) s f dollar bonds Jau 1 1976
Jan-July
AEstonia
(Republic of) 7s 1967
Jan-July
IA Frankfort on Main 67%s 1953
May-Nov
4%s sinking fund 1973————
May-Nov
(Kingdom

of

8A 7s gold bonds

loan

Oli?:,
777-,

Apr-Ocl

85

85

92 '/%

92*1;

13

777a

79%

-

157%

20 *2

74

18

19%

37

78 7%

-'84%

__

24 7 a
165 Va

85

"55 74

55 7%

41

57

54

23

62

118

57

5476

*112

57

——Jon-July

1951

Japanese (Imperial Govt) —
A6V2S extl loan of '24- 1954

67

*112

*100

(Colombia)

AMedellin

6'%s

30-year 3s s f $ bonds
Mexican Irrigation-^

,1078-;

small

§A4'/2S
A Small

Mexico

467-2

Jan-July

—

16C%

1943—
(1942 agrcein't)

13%

'/%

1474

1968

f debentures

s

1972

18%

18%

47%s

18%

18%

American

*187%

A4s of 1904

A4s

18%

*187%

—

A4s
A

——;

new

——

assented

Small

—

agreement)

.

*147%

§ A Small

17

17

18%

2%3

*19*2

19G3_Jan-July

A Small

(City of)

67%s 1952

April-Oct

Minas Gcraes (State)—
ASecured extl sinking fund

1

207%

20
20

21

2.125% )

*111

114 7%

—

117

ASecured

extl gink fund 6*/2S
Stamped pursuant to Plan A

reduced

to 2.125%)

4Vis
4s

f extl loan

s

April-Oct

99*2

99'2 100
97 7%

97 72

15

9974

99'/%

6s

2

997%

997%

997%

in

97 ',2

2

1952

debentures

A57/2S

extl

due

loan

15)58

9912

101%

(30-year)

Stamped

,

(Republic of)

ANat loan extl

s

ANat

s

loan extl

lAPoland

f

f

6s

assented

7s

&

81%

787%

76

80'.%

76

80 %

78',4

reduced

to

external

2%)

loan

reduced

1967

to

stamped

(interest

'

*4874

subord

*9074

1968

Sao Pauio
M

Plan

1936

(State or)—
stamped pursuant

"

"

39

water

loan

Stamped pursuant

to

reduced to 2.25% )

For footnotes

see

_

,

*—

22

47

1397%

247

947%

79' %

76

75%

84%

81 7%

82

53

777%

88%

74

73 %

74

34

717%

7974

78%

7974

32

74

84 y4

75%

757%

757%

8

727%

84

887%

887%

89

24

887%

96%

1957

Gen mortgage 4s ser A

8474

2

84 7.>

57

80%

OO'/a

81

84 3

75

81

897%

90

71

89

917%
99 Va

95%

967%

178

93

93%

26

92'/8

90%

90%

56

83

*83'%

84%

80

95

96

96

98

88

92%

1

907a

46%

'//.:

68

101

97%
94%

70

64'%

160

66

94

94

97

77

76

*76

657%

81

647%

78 7%

5

;.

.

92

5

97

93%

101% 1027%

,25

97%

-44

95%

95

897%
97

89%

*92%

•

97

102%

997%

1027%

95

9334

:

97

a

106

83

*

■/

90

87

-

'

102%

92

7.

93 -:

97

22

98'%

827%

;

103 >/2

82'%

93%

88%

1

98%

*82

i

*80

87

<

89

88

/

91

99

■47

37%

„

5

577%

ABerlin

jo

92%

88

657%
42

96

A67%s

s

f debentures

s

f debentures

'

Boston

(The)

RR—
*„•
5s series AC 1967
First mortgage 4%s series JJ 1961:

Brunswick-Balke-Collender
eonv

subord

47%s

debs

debs

—

55

Feb-Aug

1972

debs

57%

—

'

^

*54%

60%

54

*90

P7%

90

59

A

4 c,'o

Jan-July

11110

__

-

97%

"I

(interest

Pacific

consol

96'%

967%

967%

0

92

98

Mar-Sept

1976

4s

87

96%

87

'

86

3

87%

81

,

1

;

158

89'A

63
71>

75

91%
90

,

113

63

79
■

77
72

377%

377%

40

74

37 7%

58%

91%

91%

1

90

927%

76

86 %

4

7574

76

*7674
76

'

79
76

96

80 74

.

112

95

■

80'4

192

122'%

97

106

162

80%

4

79

87%

109'.%

156

107

13074

108 "

107

99'%

4

99

101%

3

85 '/a

9972

85% .86
*767a

75

80

99 7%

93'/a
82%

78

*78
6

99%

86

98

103

87

102

Jan-July

89 '4

8874

91

70

Jan-July

62

60

64

179

*97

99

97

*58%

60

58%

*__

72%

80

817%

*__

787%

.

—,

*91

146

85%

1.252

81%

-

129

517%

June-Dec

1965——Mar-Sept
Carthage & Adirondack Ry 4s 1981
June-Dec
Case (J I) 3%s debs 1978
Feb-Aug
Celanese Corp 3s debentures 1965
:—April-Oct
37%s debentures 1976
:
April-Oct
Ohio

93%

133'%
155

69

Jan-July

(perpetual)
.

■»

63

37%s 1974
May-Woo
gtd 5s A 1962_—April-Oct

.

-

51'%

Ry—

debenture

90'/%

^

90

103'/a

6074

gtd I960.1—April-Oct

Capital Airlines Inc—
'
474s eonv subord debs 1976—:
Carolina Clinchfield .&

'

-.June-Dec

1981—

general mtge income 19872
California Electric Power first 3s
Canada Southern consol

'

1975_Map-Nov

A 5s

California Oregon Power

*

r

3

•

-

121%

317a

117

Elec first mtge 2%s

fcubord

85

113

,

86

100'/a

Jau-July

1971.
Co—

Corp—

eonv

2-

85%
87

t>

85

126

,

*83

118

79

84

135

63

60

Buffalo Niagara

'
.

85%

'

86%

Burroughs

8

"

•

54

3 7%s

90;%

90%

Mar-Sept

Co 2%s debs 1981^

& Mftjne

Co

153

6674

■

143

mortgage

Shoe

100'% 101%

84'/2

\

__

145

Copsol mortgage 2%s series I 1970
Jan-duip
Consul mortgage 2%s series J 1976
May-lvou
Consul mortgage 3s series K 1979,r—x—Jan-July
374s eonv debentures 1980—
Map-Nov
Borden

4

' -

693/a

64

-

100 3

*

...

Bush Terminal Buildings 5s

60%

84

.

__

„

897%
82

75

54

.

,69%

*77

1951—-—%—*—-June-Dec
Feb-Aug

76%

Map-Nov

79

71'/a

14

...

71

6674

106%

56

r
•

1959—^—,/:

45%

52

153 4

127

70

117

737% -ft

69%

10274

52

81

.;

75%

2'.%s debs 1961_Map-Nov
1955———
April-Oct

58%

46'%

1,141

72

Loan

City Electric 6s

§A6%s

h

...

1989~i—

—Mar-STepr
„Apnl-Oct
First mortgage 4s series RR I960
—Jan-July
AInc mortgage 4%s series A July 1970_May-Now
Bristol-Myers Co 3s debentures 1968
.April-Oct
Brooklyn Union uas gen mtge. 27%s 1976_Jan-July
1st mortgage 3s 1980—
Jan-July

115

79

67:%

5s
52

4i°

—Jan-July

49%

2

116

*55

.•

75%

50

52

May-Noo
Map-Nov

.

102 3 4 103%

103

Feb-Aug

Jan-July
1st ref mtge s f 3'As 1990——,—-——Juu-Dec
Bell Telephone of Pa 5s series C I960—-April-Oct

52%

A




1980,,

70

—

—

7%

'114

Jan-July

33.

95 74

Baltimore Gas & Electric Co—

Brown

(interest
L.
Jan-July

4

9574

9334-

-»75%

First

*56

Jan-July

8174

82

cons

Canadian
Plan

1999

116

8974

1995—-———
May-Nov
Ry 3%s 1963—-M^y-Nou
1964—
June-Dec

47%s eonv debs series A 2010—
1

5.4%

'■

(interest

1956

parge

22

„

*80

May-Not,

2004

11074

997%

mtge 3%"s ser A 1970—
—Feb-Aug
4s'ser B 1980—i.—Mar-Sept
1st cons mtge 4'As ser C 1095—/.i,—i^-Apr-Oct
4%s convertible income Feb 1 2019——__—May

28

(interest

A

to

Plan

80%

10074 106

151

;

Baltimore & Ohio RR—

26%

16

62

69

*69
49

3

39

*807%

Jwne-Dec
;

Fe—

BetlBehciu Btgel Corp—

—

April-Oct

Stamped pursuant to Plan A
reduced to 2.5%)
1999
1
7a external

62%

1st cons mtge

88

—

A

2004

sinking fund

(interest reduced to 2.5%)
IA 8s external 1950
1

244

77'%
807%

April-Oct

Beneficial Industrial
—

577%

May-Nou

2001

Stamped pursuant to Plan
reduced to 2%) 2012

90%

67

62 7%

76

94 7%

Air Line

Charl

1st

87

53

577%
*62

June-Dec

Stamped pursuant to Plan A
extl secured

6

(interest

to

1977,———

debs

1995

4s

22%

II

Jane-Dec

1966

reduced to 2.25%)
(City of) 67%s 1952____
lASao Paulo (City) 8s 1952

A6V2S

-

(interest

2004

2.375%)

98

70'%

Quar-Jott

47^S eonv ^guborjl dibs 1987———

i

,

(interest
^April-Oct

(interest

to

22

17
6

51%

*72

Feb-Aug

due

pursuant

91

144

707%

6634

April-0ct
May-Nou
Mar■yScpt
—Feb-Aug
—June-Dec

1984

1976.1——

Topelca & Santa

22%

16%

21%

Jl

*9974

April-Oct

IA Rome

reduced

16

June-Dec

1926

2.25%)

24"«

507%

Feb-Aug

Stamped pursuant to Plan A
7s

14%

16

~3

22%

24

Jan-July

2012

of

103'A

857%

*83

deb

sub

inc

5s

1st & ref M 3s series Z

:

Stamped pursuant to Plan A

16

*97%

April-Oct

(State of) —
§A8s external loan of 1921 1946

A7s

1

22
r

22

April-Oc*

_

78'4

7%

*10

:

1947—April-Oct

2.375% )

2.5%) 1999
sinking fund gold

78

787%

10

*21
—

8s 1946—
April-Oct
Plan A (interest *
*

to

99'/a

93%

—

Rio Grande do Sul

internal

7

737%

Mar-Sept
Gen mtge 4 74s ser C 1972——
Jan-July
General mtge 3%s series D 1980L——Mar-Sept
Atlantic Refining 2%s debentures 1966
Jan-July
Ja?t-July
374 s debentures 1979
•

49

77i/a

(City of)

Stamped pursuant to Plan A

TO

39

,

Stamped pursuant to Plan A
reduced to 2%) 2012_

91

96

82

77%s I960 stamped pursuant to Plan A
(interest reduced to 2.25%) 2006—,
Jan-July
(Free State) 67%s ('26 loan) '51-Mar-Sepf
A6s s f gpjd extl ('27 loan)
1952
Apr-Ocf
§ARhine-Main-Danube 7s
1950
Mar-Sept

reduced

100

987%

83

95

Atlantic Coast Line RR 47%s A

.

48

„

Co

debentures

4%s

172

89%
67

90'/;!

2nd series 1961—Aprll-Oci
gola 6s 1940—
April-Oct
April-Oct

2001
67%s 1953

100

171%
10

*67

APrussia

A6s

947%

April-Oct

W Products Co

Stamped 4s July l
95

92

*168

gAExternal sinking fund gold 8s
1950—Jan-July
7%s assented 1963
Jan-July

lAExtemal secured

H

June-Dec

Associates Investment 33/%s debs 1962

P

Atlanta &

90

A 4

to

*

I960-

101

*—

Porto Alegre (City of)—
/
1
8s 1961 stamped pursuant to Plan A
(interest reduced to 2.375% )
2001

reduced

95

1977,

150

*78=7%

1958—.

Stamped pursuant to

105 %

4s

99

19£0__June-Dec

JAStabilizatlon loan sink fund 7s
A47%s assented
1968

lARio de Janeiro

98'A

debs

Corp

33%s

Inc

A

Mar-Sepf
Mar-Sept

1959

1st scries

6s

(Republic of)

A47%s

2008

external

34

96

Armour

*168

—May-Nov
Mar-Sept
(Interest

(State of) Js 1947
pursuant to Plan A

reduced to 2.125%)

99',4

99% 10074

April-Oct
Feb-Aug

first gold 4s July 1995
5s 1966.—,—

Arbor

Ann

5%s

1908—

lAPernambuco

APeru

2

787%

—

100 74

1

-

1958

to

86 7%

*81

Apr-Oct

101

General

Mar-Sept'
Mar-Sept
May-Nop

1963—

extended

98

95'/a

947%

1_.

967%

Feb-Aug

Oriental Development Co Ltd—
8 A6s extl loan (30-yr) 1953,1

5'/as

75

49

1043,

1969

Anglo-Lautaro Nitrate

Atchison

6s due 1953 extended to

1985-

99

Feb-Aug

—

1237%

947%

95

1990—

150

Feb-Aug

Municipal Bank extl sink fund 5s 1970—June-Dec

fANurbmberg (City of)
4*/2S debt adj 1972

debentures

3s

53 ya

43

*50

April-Oct

1965

-

98

*

1965

new

72

Anheuser-Busch

sinking fund external loan 1963—

•

89'/«

98%

_——————iMar-Sepf
:
Jan -July

1984

374s debentures 1977
Mar-Seot

2008

87

06
22

867%

American Tobacco Co debentures 3s 1962—April-Oct

52

72

*72

1975

debentures

43/»s
43

51

(interest

Norway (Kingdom of) —
External sinking fund old 4*/4S

-

93

—

debentures

37/bS

-Mar-Sept
Mar-Sept

1959

294

67

Feb-Aug
:—April-Oct
—Jan-July
April-Oct

debentures

3%s

1

2008—

92%

97%

97%

33/%s debentures 1973,—u—-————June-Dec
2-%s debentures 1971
Feb-Aug

6'/2S 1958
Mar-Sept
Stamped pursuant to Plan A (interest
reduced to

99%

92 7%

1986
2%s debentures 1982—
—
2%s debentures 1987———,————June-Dec

21

207%

debentures

2%s

*197-2

(1942 agree't)

90

94

Feb-Aug

1980

debentures

2%s

Jan-July

,

assented

81

1-1

American Telephone & Telegraph Co—,

1874

18

,

new

lAMIlan

18

*15

to 1922

(assented

19

96

Jan-July

474s subord eonv debs 19811—.1:
5s eonv subord debs 1977———

-

1933

9774

82%

*63

June-Dec

1966

94 3A

94

87-.

927«

April-Oct

debentures

3s

90

88%

American Machine & Foundry Co—

1963-Jan-July

(1942 agree't)

—

lATreasury 6s of 1913

A6s

14

Jan-July

1945

§ASmaU

13'/a

14

(1942 agree-'!) 19G8_Jan-July
IA 4s of 1010 assented to 15122 agree¬
ment)

8993

81

3%s s f debs 1964—May-Nov
American & Foreign Fewer deb 5s 2030—Mar-Sept
4.80s junior debentures 1987——
Jan-June

June-Dec

:

,

Airlines

99%

96

96

Feb-Aug
June-Dec

f debentures 1980———*.

s

19%
181'/a

95

American Bosch Corp.

assented

new

19

(assented to 1922 agree't)

1954

due

1972

24

147%

1

14'4

7%-

*89'

Aprll-Oef
April-Oct

1979

85

19

*957% 100

Apr-Oci

1981—

967%

75

179'/a

1474
'180

96

81

"l

197%

*.._

Alumitjunt

*18 74

1963-Jan-July

(1942 agree't)

89

84

75%., 75%

4%s sinking fund debentures 1982
Ja»-July
Co of Canada Ltd 37/%s 1970—Map-Nov

(Republic of)—

A Small

*84'/%

May-JVor

Allegheny & Western 1st gtd 4s 1998
Chemical & Dye 3%s, debs 1978
Aluminum Co of America 37%s 1964
3s

a5s new assented

99

89%

*94

4s eonv subord debs

14

95

84

&

Allied

1968—Jan-July

77

817%

*89

517%

————

.—

19

80

*—

Allegheny Ludlutn Steel Corp—

467%

47

94

Susquehanna. RR 47%s 1975——April-Oct
Aldcus Inc 47%s eonv subord debs 1970—Mar-.S'epi

1943—May-lVoo

100 ya

15

INDUSTRIAL COMPANIES

AND

Allegiiauy Corp debs 5s ser A 1962„_;

187 y8

1827%
95

Great Southern 3 74s 1967
-__May-lVou
1st mtge 3 7%s 1972
Jan-July
1st mortgage 3 7%s 1984———
Mar-Sept

0174

97 y2

9474

Alabama Power Co

Albany

100

96%
91
—

*181

Alabama

16

943A

176'/a

„

*9t.

June-Dec
—June-Dec

12 7%

13

-~

June-Dec

1954—

#A47%s assented (1922 agreement)
ANow assented

13

98

1787%

907%

—

*997%
*85

RAILROAD

104

947%

2

—

96 Ya

1767%

90

*1687%

April-Oct
April-Oct
Mar-Sept

on

91'A

7s 1957—April-Oct

(State Mtge Bank)

197%

100'/a

1757%

1017

97

124

1917%

*192

*170 »/a

May-Nov
May-Nov

loan of '30 1965—
5*/as due 1965 extended to 1975—

117

*117

67%s due 1954 extended to 1964-————Feb-Aug
A57%s extl

587%

.

—:——Feb-Aug

_

20%

877%

130

*164

3%s-4'/as-4jfics external conversion l978_June-Dee
4s-4 %s-47%s external readjustments 1978 Feb-Aug
3%s external readjustment 1984—
Jan-July
Valle Del C'auca See Cauca Valley (Dept of)
AWarsaw (City) external 7s 1958—
—Feb-Aug
A47%s assented 1958
Feb-Aug
A Yokohama (City of)
6s of '26 1961
June-Dec
6s due 1961 extended, to 1971
June-Dee

66

157%

^

coupon

24

20

89%

89

897%

102%

100

19

conversion

External

101%

118

54

54*2

*147«

..

22

of 1937) —
readjustment 1979
Map-Nov
1979-—--——Map-Nov

External
957%

*98-74, 100

—

*14'4

Jan-July
—Jan-July

1971—
1952——

1652

1

100

*97

Uruguay (Republic of)—
3%s-4s-4'/8S (dollar bond

—

■

March

§ A With

191'A 19174

'188

-June-Dec
—June-Dec
June-Dec
June-Dec
June-Dec

Tokyo Electric Light Co Ltd—
gA6s 1st nitge $ series 1953
8s 1953 extended to 1963

25'a

13%
160'/e

/on-July
June-Dec

A Jugoslavia •

15

57%s due 1961 extended to

Public Utility Institute—

7s

15

97%

131

118

130

17*/2

20! u
19%

7««-July
——Mar-Sept

1947——,

(Kingdom of)

97%

37

Tokyo (City of)—
'
A57%s extl loan of '27 1961-,—

for Public Works

30-year gtd ext s f 3s 1977——.

IA Italy

10

107%

SA5s sterling loan of '12

130

June-Dec

30-year gtd ext s f 3s 1977SAExtcrnal 7s 1952—

9 7%

97%

1958—^—
South Africa (Union of)
4%s 1965—
Taiwan Electric Power Co Ltd—
A57gs (40-yr) s f 1971
—
57%s due 1971 extended to 1981

140'/,

132

143

*139

1964————————May-Woo
—Feb-Aag
April-Oct
April-Oct
.Jan-July
Helsingfors (City) external (j'/us 1960
April-Oct
Italian (Republic) ext s f 3s 1977-——Jon-July

Italian

9'%

A4V%8 asseiRed

9474'

64 V4

—

part paid

Italian "Credit Consortium

9',%

67%s due J952 extended to 1962
ASllesiu, (Prov of) external 7s 1958—.:

85

70

85%

973A

9%

external 1962—.———-Map-Nov
series B secured external 1962
Map-Nov

Sliinyetsu Electric Power Co Ltd—
JA67%« 1st mtge s f 1952—

).'■

30

(Young loan)—.

1965

93

55

85

,92%

77

77%

part paid 1968
—
lAIIamburg (State of) 6s 1946—
Conv Si funding 474s 1966
Heidelberg (City of) ext 1 '/sh 1950—

B

79%

I

A 6s

§A7s series

99%

79%

5

917%

917'2

---

Greek Government—
A 7s

76%

95%

4

April-Oct
—

—

88

95

A7s

*

65

33

77*4

1963—Jan-Juiy

———Apr«-Oct

1949—

due

1930

,

.

—

German Govt International
57%s

96*2

96 (a
„

—'

A8s secured

18'/a
163

76%

High

Low

No.

,

(Kingdom)—

Slovenes

Croats &

Serbs

Jan. 1

Sold

High

(interest

Staniped pursuant to Plan A
reduced to 2%) 2012

75'/a

Range Since

Bonds

Friday's

Jan-July

1968—

loan

dollar

external

'

(extl loan 1924 Dawes loan)

German

17'/a

(Continued)

of)

(State

Paulo

Sao

74

70
■

163

——June-Dec
June-Dec

dollar bonds 1972—

3s

1007%

72'/a

—

or

Bid & Asked

High
-os

—

*177-}

Last

Sale Price

Period

Stock Exchange

Low

9974

21

Week's Range

Friday
Interest

BONDS
York

New

Low

No.

1930—

1980

OCTOBER 25

Jan. I

74

*7272

Apni-Ocf

10-year bonds of 1936
3a copv & fund issue 1953 due
Prussian Conversion 1953 issue—
4sohjllur bonds 1972
International loan
5s dollar bonds

,—

April-Oct

5'/as dollar bonds 1969
3s dollar bonds 1972

99%

74

1924

(Fed Rep of)—Ext loan of

German

ENDED

Range Since

Sold

High

99 3 4

__

Bonda

Friday's

Bid & Asked

Low

Denmark

WEEK

FOR

Week's Range

Friday

59%

72'A
101Va
65

7874
~

24

79

80

86%

75

82'/a

Number 0685

186

Volume

.

.

The Commercial and Financial

.

Chronicle

(1867)

NEW YORK STOCK EXCHANGE BOND RECORD
RANGE

Friday
BONDS
New

Central

York

Georgia

ox

First

Mock

Interest

Exchange

l'enod

AGen

Sold

Sale Price

May
mortgage 4'As series B Jan 1 2020——May
Central RR OO of N J 3'As 1987
Jan-July
Central New York. Power 3s 1974
..April-Oct
Central Pacific Ry Co—

High

74

Jan-July

4%S series A Jan 1 2020

mortgage

Bonds

Low
.

WEEK

OCTOBER

ENDED

25

-J.

57%
47%

1

•

Interest

Exchange

Period

1977

Mar-Sep
Daytop power & Lt first mtge 2%s 1975—April-Ocf
First mortgage 3s 1978
Jan-July
First mortgage 3s series A 1978
June-Deo

84
87 %

57%

debs

77

First

mortgage

3'As

1982—

47%

85%

59%
89%

First mortgage 3s 1984
Dayton Union Ry 3'As series B 1965

94

Deere

refund

3%s

series

Feb-Aug

1974

A

First mortgage 3%s series B 1968
Champion Paper & Fibre deb 3s 1965

'

r*

and

•

*90

Feb-Aug
Jan-July

w

V;

3%s debentures

>

1981

a.—

Chesapeake & Ohio Ry General 4'As 1992 Mar-Sept

—a

'Refund and impt
,

M 3'/as series D

consol

div first

A

gold 4s

Second consolidated gold 4s

8
/

93

■

*99

Va

102

84

84

19

91'A

1996—Feb-Attfl
June-Dec
'-a-

Jan-July

1989-

4

84

/

"

84

95%

1973

1989—,_Jan-July

95',2

84

;

2

Delaware

—

—

A Income

99%

General

98

First
1st

ref

3s 1990

mtge

AGeneral

First

mortgage inc
debs

inc

4'/is

mtge 4%s Jan

1

2088

mortgage 4%s inc ser

5s inc

debs

Chicago

Jan

A

ser

& North

73

110

67

101%

74

74

2

74

81%

1st

mtge & coll

55

60

55

71

1st

mtge

105

109

2%s

50

4'/2S income debs

50

4

67

77%

16

50

65

1

50

66

Detroit

78

78%

42

78

85

72

74

23

72

82%

50%

52'A

69

...V

47%

45

48%

443

50

43

52%

495

1999—April
Jan-July

<1

♦

50%

4

61%

48

87%

70

65%

series F

Ry—

1963

2%s series G

1963

70%

93%

•

2%s

Cincinnati
First

Union

=1

-

trust

mortgage

3%s

First mortgage 3s
Cleveland Short Line

47/as series A
Columbia

f

s

3s

debentures
debentures

3'As

debs

35/ss

debentures

series

series

debentures

43/4S

debs series G
subord

4s

.

First

mortgage

First

and

*84

83'A
51

95'A

97%

97'{«

63

97'A

101%
97'A

88

83 »/a

88

88

13

87%

943A

95%

30

94 •'

83 Vb

84

42

80%

ref M 3'As

1981

102%

76

72'A

&

1st

& ref

ref

3%s

66

62

67'A

95

64

62'A

16

61%

07'A

78'A

90

90%

29

ref

M

?•••;•.

87

;.•-..

.-

conv

debentures

A
B
C

F

Natural

t*8

94'A

88!A

563

83'A
79

\

'

3'As debentures

88'/a

2

1981

debentures

87

98'A

42

93
83

91

U

89

Power

91V*

91'A

•

Continental

98'A

90

35/es
3%s

subord

163

84

169

81'A

75

Co

3'As

81

81

83

74%

87

74

'.

Cuba

debs

77

78%
'

10

Alst

AImp
Alst

4s

77

6

83%- 84
05%

10

87

85

84'A

4s

June

30

equip 4s 1970
lien

&

ref

4s

series

A

6s

1970

'

a-'—'

82'A

83'A

86

86

'

13
2.

84%

85'A

85'A

4

96%

96'A

89%

93'A
94'A

85

9

85'A

94'A

82%

ai,

85

89%
90

84%
80%

94%

85%

94

85

14

93%

84

97'A

94

104%

166

178'A

101%

110

'

.

— —

102%

l0iy8l031A

359

82

*78'A

82

88%

80

77%

87%

75

85 »A

88%

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76'A

*85

86

;86'A

90

86'A

— -f

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■

„

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84

—

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*—

102%

102%

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For

inc

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footnotes

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4'As




page

91%

3

33.

147
1

205

94'A

80'A

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98

287

80'A

16

78

78

102

78

85

85

86%

108 %

91

95%

113%

147%
115

94%
78%

87%

77

..

78

93%

85%

85%

93%

—

93%

*87

89'A

8 9'A
89'A
*104'A 125
88

4

1

89

94

106

88

130

88

89

99%

99%

4

97%

103%

99'A

99'A

4

99

102

53

53'A

55 Va

70

subord

*—a

a- —

——

109

103

109

95'A

104

96

21

89%
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Mar-Sepf

1980—<

84'A

89%

13

(35 'A

82

Jan-July

53

72%

87

91

66

75%

65

73

52%

74

87%

.

/

88

103

133

44

94%

99%

84%

*85

...June-Dec

1959

3

118

86

89

96%

98%

*80

100

82

124%

83

Co 4%s 1982__—May-Nov

Co—

95%

101

101

.

debentures

debs

April-Ocf

.

105%

99% 105%

—May-Nov

102%

98
87

.

333

99%

124%

102%

245

98

120

89%

30

81%

1,067

98%

*

,

1981

.

1987—

3'As

Co

June-Dec

debs

ApnZ-Oct
May-Nov
Jan-July

1976

3%s debs 1976

Corp

I960—,

debentures

3'As

.

-a

103%

100% 106

91

92 %

92

*105

93%

%

106

111
,.

—

138%

91%

98%

89%

97 V*

i

1964—-

99ft

99 %

99 ft

580

98%

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94! a

94 3 4

55

93%

96'A

95%

96 %

191

95%

87 'A

88 3

a

69

83

82 %

85%

48

81

95

88%

87%

88! 2

47

84%

95%

85

88%

47

85

95%

100% 102%

1B7

Jan-July

1069

debentures

.

Jan-July
April-Oct
—Mar-Sept

L

1961

debentures

Jan-July
—Mar-Sept

1972—.

—Mar-Sept

—:

1977

13'A

15%

279

82 'A

82%

29

87'A

87'A

5

84'A

84

85

86%

86 %

88%

13%

26%

80%

•

91

87%

120

84

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84
.a*.

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5
—

—■*

—

Feb-Aap

:

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39

—

27 3 4

28

37

38

38

4

3'As debs 1979
Utilities Corp-^-

102'A

Shoe. Corp

debs

3.30s

4'As

debs

conv

.June-Dec

1977

1981

Grace

(B

F)

3'As

Company—
subord debs 1969

conv

Great Northern Ry

Co—:

93%

General

4'As

series

3'As series
3'As series
23As series
2%s series
General mortgage 2'As series
A Green Bay & West debentures
A Debentures

Mobile

8c

1990
O 2000
P 1982
Q 2010
R 1961
ctfs A—

Ohio

Feb

mtge

ref

&

States

M

5s

inc

3%s series

mortgage

debentures

3s

G

1980

i

89'A

§AHarpen Mining Corp 6s

90

Hertz

35'A

41%

Authority

Coal

1949—;

4s conv subord debs 1970

and

the

of

Steel

secured

1975

32%
42

34

42%

3%s

debentures

Corp 2%s
1958.:

4'As

debentures

1968—.—

....

33%

42%

92%

92%

28

92

97%

Hocking Valley
Household

first

Ry

Finance

4'As 1999
1970

sinking fund debentures 1978
s f debentures 1977—

4%s
5s

8

84

1

94%

80'A

87!

a—

463

a

83

90

80%

84

96%
110%

f

—

103

103

*96

100%

3

debentures

__

..June-Dec
June-Dec
May-ZVoy
June-Fee
June-Dee

108%
105

67

1

67

71%

1

68

77%

58

2

58

68%

91

94

72

80

69%

a~a.

67

71%
58

*91%

97%

*77

85

16

16

16

73

73

73

1

59

15

.

79%
76

'

'

57

57
*

'A

11

—

19%

73

94%

57

72%

80

90%
85%

92

92

83

—

81

_

15%

81

80

*
a-

96

172

69%

69%

W-

100

G

a—

a- —

135

8S

5

--

--

—

—

*74

83

79!

Mar-Sept

80

2

Jan-July
Jan-July

108

62

160

European

series)

33

38

109

Community—

(7th

26%

*36 'A

105%

93%

84

May-Nov

Jaxt-July

.

86

...June-Dec

92

613

April-Oct

1978

1969—1

mortgage 2%s 1979..
First mortgage 23As 1980.^
1st mortgage 3%s 1981
1st mortgage 3'As 1982
1st mortgage 3%s 1983
Hackensack Water first mtge 2%s 1976
Corp

April
April

1st mtge 1976—May-Nov

Utilities 2%s

81

39

w

191

98%

RR—<

series A July 2015
General mtge Inc 4s series B Jan 2044
General

93

*36 %

Jan-July
Ja?i-July
Jan-July
Jan-July
Jan-July
Feb

N

certificates B

82%

June-Dec

.

a--

95%

*91

85

Jan-July

1976—

D

mortgage
General mortgage
General mortgage
General mortgage

5'As

92%

93%

97

Jan-July

General

88!

a

96

88%

.

First

104%

102%

88%

1

95

.92

100%

94%

26

Mar-Sept

.

General 5s series C 1973

3s

*

94%

98%
101

87

Union

Grand

1st

88'A

..

April-Oct

Co first mtge 23As 1965—May-Nov
(W R) & Co 3'As conv sub deb \75_May-Nov

Goodrich

90

CO cc Ik*

Mar-Sept

1980—.—Mar-Sept

General Tire & Rubber. Co 43As

86%
'

1969

debentures

income

conv

101

-

89%

Jan-July

Corp
&

General Telephone Corp 4s conv debs 1971_May-Nov

High

Jane-Dec

—..Jan-July

Motors

General

4s

1986

see

90

May-Nov

first

Inc

debentures

First

15

82%

Publishing Co—

subord

86'A

91%

May-Nov

refunding 5s series A 1974

2%s debentures

Gulf

89%

April-Ocf

1970

1961

debentures

3%s

Gulf

June-Dec

Alst lien & ref 4s series B

Curtis

1970

April-Ocf

debs

Motors Acceptance Corp—
debentures 1958
1

A4s

82 %

•
-a.

*81'A

*32

80%

10

*85

Jan-July
Aprll-Oct

mtge 3'As '66-May-Nov
1970

3s

& Denver Ry

General Realty

—

May-ZVoy
May-Nov

(1942 series)

1976

\

mortgage

78

113% 119

Jan-July

Cigar Co Inc—

General
>

Northern Rys—

Alst mortgage
RR—

Cuba

75

97

96%
78

■

76'A

April-Ocf

1977

debs

1977—

Dairies

conv

5s

78'A

Mar-Sept

!

1st

93 V.

70'A
70

Mar-Sept

1972

Coast

and

_,April-Oct

3'As 1971
Corp— '
*

3%3 debentures 1975—

1

of Am

East

Electric

►

1965—.Jan-July

debs 1984

f

s

Crucible Steel Co

—

72

.April-Oct
April-Oct

2020—,

Rubber

&

Foods

831/a

„__Aprll-Ocf

1980

1965

4s

to payment
1975

Jan-July

Dynamics Corp—
3'As convertible debentures 1975—

96

75%

June-Dec

1976

Continental Oil 3s
Crane

debs

84%

84%

General

115

—Feb-Aup

Co—

Tire

5'As inc subord

84%

—ApriZ-Oct

27/8s

subord

conv

debentures

General

871/2

Jan-July

—

5s

3s

V

83'A

Feb-Aug

1986

first

1

Jan

Metallurgical

General

82'/*

June-Dec

1968

1965

General

June-Dec

I

2001

conv

Can

debentures

128%

75%

Jan-July

first mortgage

General

101

82 y4

April-Oct

Baking 3s debentures

Continental

75

—

55%

4s

91'/a

90

89

*75

__May-Nov

:

as

*68

.April-Oct

4'As conv subord debs 1976
General American Transportation—

99'A
105%

•85'A
83%

84%

.June-Dec

first mtge

109

525

81

65

debs

Gardner-Denver

133'A

92%

84

85

•

May-Nov

(stpd

dollars)

S

160

86

65

:

.Jan-July
.

1978

inc debs

cum

113

*—

52 'A

A First

Consolidated Railroads of Cuba—-

Consumers

109

*—

—!Mav—is epl

—...——....

coll tr 3'A

3'As debentures

105%

99'A

99 'A

Mar-Sept
Feb-Aug

1980

1982

112

55

Firestone

108%

87
-■

:

mgte irrc 4'As ser A Jan 2015

division

43As

101'/2

119

86

1977

1965!

income

Fansteel

103

*87

May-Nov

—;

1979

47/as debentures

1
4

10jVa 105

*90

Jan-July
Feb-Aug

1976—:

debentures

76%

—

*114

1972_June-Dec

1963——„

2%s

152

65

A 5s

Ohio

100'A 100'A
105

1977-ApriZ-Oct

1986

1972

Gas

95

198

*111'A 114

April
mortgage 3'As ser E 1964—April-Ocf
mortgage 3'As ser F 1990—Jan-July
First consol mortgage 3'As ser G 2000—Jan-July

96

78'A

*76'A

1982_Mar-Sept

1983—

1st ref M 2%s series T 1976j
1st ref M 27/8S series U 1981
1st ref mtge s f 2%s series X

Consolidated

86

196

consol

84

ApnZ-Oct,

1981

M

84

12
*-'-a.

consol

86'/a

*83

.—June-Dec

1982

L

87%

79

.

—Feb-Aug

Consolidated Gas El Light & Power (Bait)

in

General

86

ApnZ-Oct

ser

debentures

87%

—

89%

Associates—

Southwestern

First

85'A

3 03

84'A

&

First

80

*80

__.June-Dec

—

1985

4'/4S series

3s convertible

Paso

82

82%

1961

1986——

Fuel

mortgage &

70%

—Mar-Sept

r

G

series

79

'83%

Erie Railroad Co—

77 'A

0134

78

&

5s stamped

101 VH

64

*77

:_May-Nov

1999—

series K

35As

M

*—

(N Y) first cons gold 5s 1995_Jan-JuZy
Elgin Joliet & Eastern Ry 3'As 1970
Mar-Sept

81

95

....April-Oct
April-Oct

1964

series I

87

Edison El 111

92

El

*74'/a

.Z.June-Dec

1st & ref M 3%s series J 1984
1st

A 3s

1st

Gas

94%

series

1977

1982

mortgage 3!As

86

33As series II

3%s

1st

Eastern

93

1979.

&

88

9 6'A

97'A

.

debs

mortgage 3%s 1983
1st mortgage 3'As 1984

*_■_

1980—

mtge 3s

95

76

May-Nov
1976_Mar-Sept

1982—,

1st

95 %

1972—May-ZVoy

&

97

94

3'As

84

11

Mar-Sepf

84

M

43

Inc—

mortgage 3'As

877A

M

90

91%

78

97'A

♦—

ref

83%
80

*

88

Mar-Sept
Feb-Aap
April-Ocf
Feb-Aup

.—.Jan-July
Mar-Sepf

—

ref

20

1961

ser B

debentures

debs

subord

conv

Fort Worth

mtge 3s ser E

and refund

80

78

mortgage 25As 1979—
1st mortgage 2%s 1980.,

Foremost

&

105%

87

1995—.June-Dec

1st

,

89%

First and

3s

85

98%

92

&

12

*82

May-iVn»

Duquesne Light Co 23As 1977

80%
97

85

1st

debentures

Industries

87

1st

84'A

80

89'A

*—

mtge 2%s ser.
mtge 2%s ser
First and refund mtge 2%s ser
First and refund mtge 3s ser D

First

84

fixed

118'A

—Feb-Any

refund

refund

88

105

83'A

Jan-July

4'As

87%

10
26

.

97%

....June-Dec

.

refund

First and

73

84

b4

105'A 105'A

Feb-Aug
May-ZVoy

2%s

3s series N 1978

f debentures

s

*—

June-Dec

4s

4'As

Tunnel

2.35s

subordinated

Dresser

101%

96 »A

27/aS s f debentures 2001———,
.—..April-Oct
Compania Salitrera—See Angio-Lautaro Nitrate
Consolidated Edison of Nevy York—
■,

4%s

80

80%
98

*98

sinking fund debentures 1999

1st

91%

87'A j

Jan-July

mortgage 3s series L 1977

First

1st

1

•

►a—

80%

97%

*80'A

Commonwealth Edison Co—

2%s

*82'%

1961—ApriZ-Oct

1st mtge 4%6 1987—
Combustion Engineering Inc—
"
3%s conv subord debs 1981—,—

3s

92%

%

80%

Ohio Elec 3 'As 1970—.May-Sept
mortgage 3%s 1983—.A—,
;
May-Nou
mortgage 3%s 1986
A,
—April-Oct

1st

&

subord

conv

Chemical

3s

98

Columbus & South
1st

86

69%

77%

June-Dec

Dow

*83

1982—

debs

conv

,75

66 %

Jan-July

:

97%

Jan-July

1981

II

1995.

95'/a

3

;

^Z-.April-Oct

P

series

5Vis debs series

gold

89%

90 'A

1977

E

4s

lien

90

92%

90 'A

1975.

C

first

Mack

gold

^Florida

1979

D

37/es

3'As

B

series

&

15

'V"

June-Dec

1977

1975.

A

series

debentures

75

>83

1969

Detroit Tol & lronton RR 2%s

—June-Dec
May-Nov

1989

series

3%s

92

June-Dec

;

debentures

Detroit Terminal

Gas System Inc—

3s

73%

70

May-Sepf
Mar-Sept

1958

70

Mar-Sept

.

debs

60%

71

April
(3%

1976

69

90 V*

1970
_

1986

conv

K

ser

debentures

60

1990. May-Nou

...

first gtd 4'As
Fuel & Iron Corp—

Colorado

.

4s

3s

mortgage 3s 1982
mortgage 2%s 1985

First

3%s

61%

June-Dec

—

Cleveland Electric Illuminating
First

60'A

Jan-July

1985

J

ser

7

"

Refunding and impt 4'As series.E 1977—Jan-July
Cincinnati Wab & Mich Div 1st 4s 1991_Jali-Jjxty

First

ref

2%s

5

—

first coll

92

70

1st

Bi 1993—

80

70

Jan-July

1970

60

92

,

St Louis Division

mtge

II

61%

Terminal—

series

80

June-Dec

23As series I 1982

60

—

May-Nov

—

gtd 3%s series E 1969
Feb-Aug
First mortgage 2%s saries G 1974
Feb-Aug
C I T Financial Corp 2°As 1959—I
April-Oct
4s debentures 1960
———Jan-July
35As debentures 1970
.Mar-Sept
4'/4S debentures 1971————
Apr-Ocf
Cities Service Co 3s s f debs 1977
—Jan-July
Cleveland Cincinnati Chicago & St Louis Ry—
General gold 4s 1993
.June-Dec
5s

series

convertible

Second

mortgage

General

93%

80

_„Mar-Sepf
May-Nov

1993

61%

92

Jan-July
Jan-July

.——Jan-July

1978

1987

91%

91

fixed

61%

mtge

mortgage-4'As

85

28

1979-Jan-JaZy

1987—,

60

4%s ser A 1982.—May-Nov
Cincinnati Gas & Elec 1st mtge 2%s 1975_Apn?-Oct
1st

ref

&

3s

convertible

Detroit

Chicago & Western Indiana RR Co—

First, mortgage

92%

4

93

Douglas Aircraft Co Inc—

3'/as

mortgage
trust

87%

85

91

Western RR—

and refund

95%
89%

,85
93

1977-June-Dec

1985

5s

87%

85%

00'A

May-Nov

Feb-Aug
33As debs 1971 (conv froai Oct 1 1958)_Mar-Sepf
Gen & ref 2%s ser N 1984—
Mar-Sept
Gen & ref 3'As series O 1980
1—May-Nov

79

87%

„

&

Gen

•<

mortgage

First

coll

*90

May-Nov
April-Ocf

mortgage series A (4Vz%
interest) 2018
Salt Lake- Income mortgage
contingent interest) 1993

3'As

74

—

■

Jan-July

First

1st

trust

Grande

Edison

Gen

65'hi

45

80%

—

refunding mtge 2%s-4'as 11194.Jan-July
.;

66'A

—

Mar-Sept

Union Station—

1985%;

&

General

-

_Jan-July

-

May-Nov

contingent
l'/o

''

April

1995

coll

&

Rio

3'As

tr

140

80

82

*

B 1985

ser

4

High

97'A

89

Income

Mar-Sept

-

&

Denver

1

3s

Income 23/4S-4'/4S 1994.—

Chicago

52

50

A

ser

mortgage series A
1%
contingent interest)

85

.

5s

First

74 %

51%

2044

1

Chicago Terre Haute & Southeastern
First and

50

Denver

1

Ry—

1980

A

ser

67

—

__

mortgage conv inc 4'/as Jan l
First mortgage 3s series B 1989
Chicago Rock Island & Pacific RR—

mtge

67

50

April

—

Second

1st

■

76%

2019—April

Jan

15

105

80

May
'

mortgage and coll trust 2%s
1st mtge fe coll trust 23As 1980
1st mtge & coll tr 3'As 1984

67

76%

tr

Low

362

~

1 2042

First

—

74

.

2055.:.—

1

Western

86'A

—

55

Jan-July
A

series B Jan

increased

conv

~

mtge & coll

Jan-1

No.

*82

1973—May-Nov

1973
First mortgage and coll trust 3'As

87'A

80%

!

90

C

Division

1st mtge & coll tr 4'As
Delaware Power & Light 3s

101%

67%

May-Nov
Jan-July

mortgage 4s series A 1994

General

'

Essex

May-Nov

,

_

Chicago Indianapolis & Louisville Ry—■
i
Alst mortgage 4s inc series A Jan 1983
April
A2nd mortgage 4'As inc ser A Jan 2003—April
Chicago Milwaukee St Paul & Racific RR—
First

99'A
82

82

•%

April

1985

Chicago & Erie 1st gold 5s 1982—
Chicago Great Western 4s ser A 1988AGeneral

82

a—&

52

99 r'o
■..

5s series

80

Range Sine*

Sold

Co—

mortgage due 1993.

&

May-Nov

1997

5s

conv

2054-

Jan

%

*82

»•

3%s series B

mortgage

income

99

'

■

Feb-Aug

—

Chicago & Eastern 111 RR—

1

'

—*

and refunding mortgage 2%s 1970—Feb-Auy

&

5s

iU

_

M

Bands

Hiah

97'A 105'A

Pennsylvania Division—
1st

1958
:
Mar-Sept
refunding mortgage 3'As 198&— Feb-Aug

4s

J an-July
May-Nov

1963—.

Western RR

&

Collateral "trust 4-6s May

Chicago Burlington & Quincy RR—
First and

and refund

Morris

100%

96

—

extended

4s

102

AprZZ-Oct

1977—

Hudson

Lackawanna

First

Friday's

June-Dec

1965

New York L&ckawanna & Western Div

91%

93%
92%

,v

*92%

debentures

debentures

Delaware &

91%
97%
109%

84

i

2%s

&" Co

3'As

95

91%

93%
98

'

91%

"

Refund and .impt M 3%s series E
R &

93
^

•

■

1996—May-ZVoy

Refund and impt M 3%s series H
_

'

*

*91%

i*

.

Jan-July

'*>

93

—

'

90

„

or

Bid & Asked

Feb-Aug
Mar-Sepf

'

First

.

Week's Range

Last
Sale Frice

Low

80 %

48%

*84

—

12

Stock

Inc—
conv
subord

4%

High

70

177

York

Daystrom

86%

59

48

Low

No.

a—.

,

New

Range Since
Jan. 1

74

*87%

—w

A Gen

Friday

BONDS

Range
Friday's
& Asked

or

ay—

mortgage 4s series A 1995

FOR

Week's

Last

1982

1

Apr-Oct
Jan-July
Jan-July
Mar-Sept
Mar-Sept
June-Dec
Jan-July
Jari-July

99%

99%

17

98%

101

97

97 la

10

97

110

81

99%

81

13

80

98 %

14

98

100%

98%

101

20

89%

100%

98%
12

99

105%
102%

98!
*98

a

99

90

90

*98

100%

100

100% 101%

93

3

The Commercial and Financial Chronicle

.

Monday, October 28, 1957

.

.

(1888)

EXCHANGE BOND RECORD

NEW YORK STOCK
Interest

BONDS
New

period

Exchange

York Stock

Last

or

Loir

IHudson

first

Manhattan

A

6a

1957

A

Feb-Aug

income 6s Feb 1957..

/jaujusicU

—Aprli-Oot

41

12

Illinois Bell Telephone 2%e series a 1881—Jaw-July
First

78 3 4

1

83

83

2

"85

mortgage

1978

1970
1974

3%e series B
3%s series C

Consol

1st mtge 3%s series H 1990
3%s s f debentures 1980

*75

Inland Steel Co 3'As debs 1972—!-■,

87%

82%

89
93

Mar-Sept

1st mortgage 3.20s series I 1982—
1st mortgage 3%s series J 1981
1st

4%s ser K 1987
Minerals A Chemical

mtge

Mar-Sept
:_„_Jan-/ul#
Jan»JtfIjf

.

International
8.65s

Interstate

3 Mm
4 Vis

Oil

Pipe Line

f

s

35

99%

is

100 'b

81

82

82

'

1977

A

81

—_Apr-Oct

Jamestown Franklin A Clear 1st 4s

1959__Jwne-Deo

Kansas

City Power A Lignt 2%s 1976
mortgage 2%s 1978
mortgage 2%a 1980
Kansas City Southern Ry Co—
1st mtge 3'is series C 1984
Kansas City Terminal Ry 2%a

11

78'4

105

125%
85'/a
80
88

'

79

78V2

April-Ocf

74
84
83

98

88

--

146

93%

93 3'1

22

89%

95%

2 lb

2%

36

2 la

4%

2Vb

*61

61%
72

5

70

69

%

69

85Vb

•

.

1st mortgage 5s extended to 1964

Series A

4s

fixed

Jan-July

v

Little

.

Miami

Lockheed
'

series

Lone Star

Oas

.

»

57

'

4%s debs

83

94 3 4

96

-

96

79

92'A
101'/a

•3y»8
?

1

95%

70

77 V
78

Scott

First mortgage 2Vis

*86 lb

94%

85

85

86

—

—

1

G9

69

80 Vb

80 VB

Va

80
'

*73
87

*94 lb

81%

79%

:

81 Va

*

80

75

"x

80

84 Vb

85 Vi

80

85 Vi

137

76%

88
•

107'/a

99Vb....

98

83

97

90

89Vb

90

12

89Vb

99

09 Vb

G9%

17

67

69 Vb

84 Vb

84 Vb

85

89 Vb

89 Vb

897/a

*—

First

*92%-

1980

G4

Feb-Aug

37G

81 Vb

35

91

81 Vb

88

June-Deo

Michigan Central RR 4y2s series

98

8

84'2

84 Vb

6

84

89 Vb

98

90

2

C

1979—Jan-July
Michigan Cons Gas first mtge 3y2s 1969__Mar-Sept
1969
1967

104%

Vb

95T«
k

85

96%

u

99
84

97 y8

95%

92 3

Jan-July

86
84

102%

Minneapolis-Honeywell Regulator—
f debentures 1976

s

3.10s

s

f

debentures

Mlnneapolis-Moiine

1972

Co—

6s subord s f inc debs

Minnesota Mining

A

-

2%a

Missouri Kansas A Texas first 4s 1990

Missouri-Kansas-Texas

lien

4y2s

series

D

adjustment 6s

4 Vis series

C Jan

(ren

mtge income 4%b

mtge Income 4Vis

Income debentures

4Vis coll trust 1976
-

Mohawk A

37

*60

'72%

1

*60

50

64

62

81

72%

3Vbs

2005—;.

6er

A Jan

1

2020

ser

B

1

2030

Jan

1

Jan

74%

93

3 y»s. debentures

22

55 Vi

56

25

55

67

62%

68%

274

62 Vb

82

60

67

456

60

80%

51

_Mar-Sept
1991—...Mar-Sept
series B 1966——Feb-Aug
s

350

55%

247

50%
„

53

43%

521b
46 Vb

48 lb

1,324

%

89

89 %

90

59 Vb

89%
—

60

3

100

--

5134

53 %

Mountain States Tel A Tel 2%s

....

72 3 i

73%

1978

—May-Nov
April-Oct

*90

*98 lb 100

89 Vi

98

56

68

%

91

90

Vb

!98»/8
'

25

51%

4

72%

81

85

89

76

86

*76

--

66 Vb

-62 %

60Tb

Nashville

Chattanooga A St Louis—
mortgage 3s series B 1986

National Cash Register Co—
4Vis conv sub debs 1981
National Dairy Products 2Vis
3s

debentures

3%s
Natl

debentures

Distillers

3Vis

National Steel Corp 1st
1st mtge 3%b 1986
For

footnotes

111

see

s

f debs

3y«s 1982

page

77

.6

110% 115

69

86

87

10

84

92%

87

87%

12

86

94 Vb

76

1970—June-Dec
June-Deo

1976

Prods

76
'

1970

33.




.

87

.June-Deo
1974—April-Oct

May-Nov
May-Woo

88

85 Vb
<■

•—

131%

-

94 Va

24

851/2
87

88 lb

91 y»

12

81

93

*88 %

85%

HOVb

85%

96%

—

96%

73

64.

,

68 Vi

59

523b

42

5 lib

62-%

25 Va

10

25

47 Va

78 Vb

10

741

85 ys

a

86

86

90:

79

79

78

90

*76

■'! 79

73

85'/a

*■

r
79

f-'

.

*75
j.

98 Vb

100 Va

98

45

-83%

76 Vb

84%

BO

*79

91

405

*100

97

95 y2

105
100-104
9597
92
95%

-104

*94%

—

*8312

86%

81%

92

82 V

111'A

101%

4

101'% 103%
56%

Vb'. 94

B8

92

*—

81 :

a

92'/*

82%
*—

85

13

89%

81%

95 Va

89%

86

70
64%

84

*351a

74

56%
57Tb

54Tb

93 '/a

54%
58 V*

87

*80

*50

55%

90
100

S7 '

26

"89Vb

>88

102 Vs

10O

100%

-

96%

86

91%

—

General

101%

1978

5s

A

B

series

5s

series

gold 4'/as
Philadelphia Electric
First A refunding
First A refunding
First & refunding
First A refunding
First A refurftiing

B

A

ref

Light

99 Vb

99%

99%

60

75

86 V

86%

86%

87

79%

86

80

95 Vb

00

98%

101

*98

88

86

•
—

95 Vb

82%

90%

87

*83

.

1

80%

803a
*

80%

80%

__

a

106

104%

94%

25

96

98

*3

65

93 %

88%

88%

4

83

64 Va

82 lb

83%

52

62

92%

82

84

23

87%
88%
82

87

*

80%

89'/a

78

1

80%

*77 Vb

'

83 Vb

;

92%

75

83

*80Tb
80

75

"4

82%

93'a

79

90 Va

78

/

89 Va

84

£8 lb

93 Vb

83 y8

—

98%

86%

7

81 lb

*8£Tb
98 Vb

88 Vb

ei y2

0

81

81

"I

83

80%

88

78 lb
'i

82%

33

87

79%

Vb

80

*31 Vb

86

77

42 !

99

103% 104

35

76

11

94%

68 Va

104 Va

103%

105%

70

83

80

80

78

84

78

78'

77

88%

75 V

75%

4

5

66%

86
79

86%

86%

96%

97 ;
*

1964—June-Dec

93 Va

78

-

■

3

92 Vb

95%

85

13

97
■

69%

61

79

*83

96%

104%

97%

81

83

*22

79%

91%

99

99

99%

45

98%

103%

—„—June-Dec
June-Dec

9 lib

90%

92 lb

41

90%

973^

98 Vb

36

97%

102%
104%

60:%

81%

22

60%

94%
95

a.

97%

1981—S

—Feb-Aug

1974

C

100 Va

89 Tb

*94 Vb- 95%

82 Vb

1965_

1977

80 Vb

80 V

82

21

80 V2

65

65

65

13

65

95%

953b

96%

19

95%

2

*45
78

77%

48

48

-

78'

100% 100%

77%
97%

'

18
3

-

77%

100%

1

94la

94Vb

..June-Dec
May-Woi?
—May-Woo
June-Dec
Feb-Aug
Jan-July
June-Dec
-April-Oct

35 Vb

86

20

89

89

7

84'1

3

79-

%

105

101

86

84%

60

92

90

Jan-July

Co—

2%s 1971
2%s 1967—.

1985

65

244

67 lb

3s .1975—April-Ocf
Z
4y2s I960-—Feb-Aug

1968

D

series

mtge 3 Vbs

80

—,

Mar-Sepf

_Feb-Auy

2%s 1974
2%s 1981
2%s 1978
First & refunding 3yis 1982
1st & ref mtge 3'/as 1983
1st

104 Va

60

-e—

Philadelphia Baltimore A Wash RR Co—
General

•'*

88 y2

92

1

79

79

_Feb-Aup

1991

Oil 3Vbs debentures

series

4%s

60

—t

79

►9318

May-Woi?

——_

1981

April-Oct
General mortgage 4%s series E 1984
Jan-July
General mortgage 3y«s series F 1985
Jan-July
Peoria A Eastern first 4s external 1960—April-Oct
^Alncome 4s-April 1900——.—
>J.
:April
Pere Marquette Ry 3%S series D 1980—_Mar-Sept
General

«»<*»

60

—

67%

—

88

86%

78%

*6

79 Vb

19 Vb

Aprll-Ocf
Mar-Sept

1983—

Power

a

901 a

78

85

98%

9814

-

General 4 Vbs series A
,

General

Feb-Aug
June-Dec

debs

19867

Pennsylvania RR—
"
Consolidated sinking-fund
-'

Vi

98
•

Pennsylvania

70

51

debentures

debentures

Pacific Western

-.43%

50

debentures

4%s

73

,

debentures

3%s

75%

57

53 Vb
—

2045—

1986

88

68

70

55

..

—

53%

First

debentures

3'/2s

55%

Jan-July

Malone first gtd 4s

debentures

85

6

62

Monongahela Ry 3Vis
Morrell (John) A Co 3s debentures 1958—May-No*
Morris A Essex first gtd 3Vh8 2000
.June-Dec
3%

90

80

63'b

1978—

ser

Gen
Ss

52 Vb

94

3yas

—

1st mtge

50

—_Jan-July
Jan-July

A Jan 1967—April-OCt
Missouri Pacific RR Co Reorganization issues—
1st mtge 4 Vis series B Jan 1 1990

<

5

88

June-Deo

'

1962«

40-year 4s series B 1962
ACum

81%

-

6

•

I 1966——June-Dec
First A refunding 3s series J 1970
June-Dec
First & refunding 3s series K 1971—...June-Dec
First & refunding 3s series L 1974——_June-Dec
First & refunding 3s series M 1979
June-Dec
First A refunding 3s series N 1977
June-D^e
First & refunding 2%s series P 1981
June-Dec
.'
First A refunding 2%s series Q 1980—June-Dec
First & refunding 3 %s series R 1982——June-Dec
First A refunding 3s series S 1983
i—June-Dec
First A refunding 2%s series T 1976—June-Dec
First A refunding mtge 3%s ser U 1985 June-Dec
1st A ref M S'/ss series W 1984
June-Dec
1st A refunding 3'/as series X 1984_.
June-Dec
1st A ref M 3%s series Y 1987
June-Dec
1st & ref M 3%s series Z 1988
June-Dec
1st A ref mtge 4 lbs series A A 1986——June-Dec
1st A ref mtge 5s ser BB 1989
June-Dec
Pacific Tel A Tel 2%s debentures 1985—June-Dec
April-Ocf
27/as debentures

RR—

Prior lien 5s series A

Prior

81%

G5Vb

1971—May
1991—May

»■

*

66

83

89

87Vb

G5 Vb

'

—(quar) F M A W
1967
Aprll-Ocf

Minn St Paul A Saulte ate Marie—
First mortgage 4%b inc series A Jan
AGeneral mortgage 4s inc ser A Jan
»

87Vb
65

87 Vb

-

1986

Mfg

>95%

Feb-Auy
April-Oct

Co—

A Electric

.

85

*87 3 i

Mar-Sept
Mar-Sept

1969

6inking fund debentures

3%8

First

"

98

64

87%

.

'78

First A refunding 3lbs series

-93

85

98

2%

80

59

—April-Oct
May-Nov

Pacific Gas

64

4

\ 1

61 lb

1975———Feb-Aug
mortgage 3V8S 1982—.—
—Mar-Sept

.-93 Vi

*71V 2

81%

—

1980—-—J

First mortgage 3 Vis 1985
June-Dec
1st
mortgage
4 lb8 1987
:
—Jan-July
Oregon-Washington RR 3s series A 19G0—April-Oct

91

76

G7

*78

;_April-Ocf

2%s

93 Vi

—

83

riy4

1%

251*2

*
,

A Electric 2%s

Gas

105

92
66

mortgage

Oklahoma

'

14

81
107

1%

' *

98Vi

84

89

100Vb 101Vi

50 '.a

83

Aprll-Ocf

1975

23^S

First mortgage
-

*

*—

59%

«>2%

64

Quar-Jan

debs 1975

conV subord

"■

..101

45

361

*81

April-Ocf
April-Ocf

—June-Dec
Northwestern Bell Telephone 2%s 1984——June-Dec
3'/2s debentures 1(596
Feb-Aug
Ohio Edison first mortgage 3s 1974——Mar-Sept
4s

80

81

290

81

1

64

—_—Quar-Feb";

2047

Northrop Aircraft Inc—

Corp—

4%s debentures 1991

•

1

75
—

v

,

78%

lb

49%

*

1974—Feb-Aug
Aprll-Ocf
First mortgage 3s 1978
Jan-July1
First
mortgage 2%s 1Q79—
_Feb-Atty
V
First mortgage 3Vis 1982—:
—June-Dec
First mortgage 3Vbs 1984
April-Ocf
First mortgage 4Vis 1988
—Mar-Sept
(Wisconsin) first mortgage 2%s 1977—April-Oc*.
First mortgage 3s 1979—
——Mar-Sept
v'1st mortgage 4%s 1987.:
:
June-Dec

82

68
1

77'A
82

35 Vb

Vb

-"1%

first mortgage 2%s
First mortgage 2%s 1975—

(Minnesota)

94

73

66

3

—Jan-July

1984

4s

trust

86

84

73%

66

45
32

95

19

Northern States Power Co—

88

88

June-Dec

1975

49

80

77%

74

35 lb

b3
93

9b
•'

75Tu
98

66^

Coll

84

1('

•

78%
73 3A

14

94 Tb

•

_

60

88 lb

85

73%

«

120

—

73

73

Mar-Sept

Michigan Bell Telephone Co 3yes 1988

mortgage 2%s
mortgage 33/8s

•100

'

90

*

102%

11914

f

85

Feb-Aug

_

—'

55

80%

*85

13%

60

63'%

81

*79%

2047
Quar-Feb■",
Refunding & improve 4Vbs ser A 2047—Jan-July'' •
3s. registered

/97

14

90

0

62 Vb

56

55%

-

1

registered 1997-

General lien 3s Jan 1
'

84 Vb

84

*88 V*

...Mar-Sept
AprU-Oct

,

78

l976_^

Ndrtherh Pacific Ry prior lien

99
117

68

5

99Tb

Aprll-Ocf

BUbord debs

subord debs

■

*112

1976~June-Deo

1963

850

4

debentures

f

s

'

Apr-Oct

Jan-July
Metropolitan Edison first mtge 2%s
1974—May-Woo

(

4'/2s

—

25

55 lb

55 lb

.—-Feb-Aug
102%
—Feb-Aug
1996—April-Oct •
1974
Mar-Sepf
1974
Mar-Sepf; ;■
1973—May-Wot?
82 %
1
;
._May-Wet?
May-Wot? —
1
-..May-Nov
88
4s 1997——Quar-Jati

1973—.
f debentures 1874—-

s

a

*80

Jan-July

f debentures

s

3y»s

94%l 101

56

9G

June-Deo

first mortgage 3s 1966

Merritt-Chapman A

3%s

72

82

12

*101

78

D

ser

Gen mtge 5s s f series 1977
;
McKesson A Robblns 3y2B debs 1973—

First

6(5 lb

"

60

GO

83

78

1982

A Co 2%a debentures
subord debs 1977
Maine Central RR 5y«s 1978
Manila RR (Southern

First

45
57

100

*55

733

conv

conv

'

54%

Map-Now

Feb-Aug
1968—Mar-Sepf
1972—.May-Noy
—4..Feb-Aug
Feb-Aug
Lines) 4s 1959
May-Nov
May Dept Stores 2yea debentures
1972—Jan-July
3Y4B b t debentures 1978—.,
—_Feb-Aug
3y»s s f debentures 1080
Mar-Sept
May Stores Realty Corp—
Mack Trucks Inc 6 Vbs

-4%s

69

72%

81

57.

•

*

95

4

74%

"

4s

(P)

Mead Corp

■

64 V

57

Jan-July

2%s 1980
.General mortgage 3Vis 1983
General mortgage 3Vbs 1983—
4%s conv debentures 1972
Norfolk A Western Ry first gold 4s
Northerh Central general A ret 5s
General A refunding 4Vbs ser A
Northern Natural Gas 3%s s f debs
General mortgage

64

49

45

45,/2

May-No?

Macy (R H)
6s

85

*

66

55 Is

RR—

Mohawk Power Corp—
mortgage 2%s 1980—

Niagara

89

72

5

5h
GO
'

First A refund
mtge 3%s ser F 2003—April-Oct
First A refund ihtgd 2%a ser G 2003
Aprfl-Oct
First A refund mtge 3%a ser H
2003
April-Oct
First & refund mtge 3%t ser I 2003
Aprii-Oct
St Louis div second gold 3s
1980
Mar-Sept
Louisville Gas A tfleo 1st
mtge 2%b 1979_May-Woo
1st mortgage 8y«s
1982
Feb-Aug
1st mortgage 3 As 1984—

.

81%

74

May -Nov

3%s debentures 1978—
Louisville A Nasnvllle RR—

*

2

*

1962

Co 3s debentures
debentures 1976

,3s

'14

72

General

Map-Now

1980^

Long Island Lighting Co 3%s
Lorlllard

84

72

72

;

f ALombard Electric 7s series A 1952

r-

76

Corp—

3.768 subord debentures
4.60s debentures 1976

-

"

Aircraft

4s

877/a

67

5814

56

Jan-July

2004

mtge ser A

cons

.

Interest 2003

general

75"

6

13

May-Nov

Jtefundlng mortgage 3s series H 1989—Aprll-Ocf
Refunding mortgage 3%s series I 1096—April-Oct
Refunding mortgage 4y2s series J 1991—May-Nov

-

.May-Nov
May-Noy
A Series D 4s
contingent interest 2003
May
ASerles E 4V2b contingent interest 2003
May
•
ASeries F 5s contingent interest 2003
May
Lehigh Valley Terminal Ry 5s ext 1979—Aprll-Ocf *'
Lexington A Eastern Ry first 5s 1965
April-Oct
Llbby McNeil A Llbby 6s conv 8 f debs '76-June-Deo

-

2

G8'

Vi

83%

—Feb-Aug

Series B 4y2e fixed interest 2003
Series C 6s fixed Interest 2003—

••

68

;

1

8G

86

Feb-Aug
Feb-Aug

1

•

69''a

lb

*55%
57

.AGeneral mortgage 4Vbs series A 2019—Jan-July
N Y Telephpne 2%s series D 1982
Jan-July
<; Refunding mortgage 3Vbs series E 1978
Feb-Aug
.Refunding mortgage 3s series F 1981
Jan-July

73%

65

6G

*64

58%

58

56 Va

1

&

80 Vv

bdlb

lib

1st

61

74 Vb

101

Va

Port Chester—

A

N Y Susquehanna A Western
Term 1st mtge 4s 1994

,

*80

6 i

59

4s.1955—«...
June-Deo
N Y Power & Light first mtge e%s 1975—Mar-Sept
N Y A Putnam iirst consol gta 4s l9»3_Apru-ucf

146

59 Va

68%.

90%

56

AGeneral

14G

61
7 0 Vb

87%

GO

Jan-July
—Jan-July
-Map-Now

4V'iS series A 1973..-*.

mtge

68 y4

59%

collateral

River

99

52 %

ob%

'

89 Vb

IAN Y Ontario A West ref 4s June 1992—Mar-Sept

97%

.Lehigh

Lehigh VaUey Railway Co (N Y>—
1st mortgage 4'/2s extended to 1974—
Lehigh VaUey RR gen consol mtge bds—

09%

99

56

5212

60%

-

April-Oct

refunding mtge 4s ser A 2007—Jan-July
mtge conv inc 4Vbs ser A 2022
May

&

1st

98

'

97%

..

1968—June-Deo
Lake Shore A Mich South gold 3y2a '97—June-Dec
3 Vis registered 1997
June-Deo
-Lehigh Coal A Navigation 3yaS A 1970—Aprll-Ocf

*

56

AGeneral

50

48

50

sink fund 3%a series A

VaUey Coal Co—
1st A ret 5s stamped 1064
1st A ret 5b stamped 1974
Lehigh Valley Harbor Terminal Ry—

85%

mortgage 3y2s

llarlem

bO

.90

registered

Shore

First

Lakefront Dock A RR Terminal—
1st mtge

*00

2013—April-Ocf
April-Oof

Mortgage 4s series A 2043
Mortgage 4s series B 2043
N Y Lack A West 4s series A 19734'/2s series B 1973
——
N Y New Haven A Hartford RR—

91%

90

1

*86%

*89%

88

84

91 Vb

913 b

79

88

83

*81

86

90

80 Vb

78'/2

76

104

100

80%

80

80

"74

100

,

95

78

2

80 3 4

"78

Karstadt (Rudolph) 4YaS debs adj 1963
Kentucky Central 1st mtge 4s 1987

Jan-July
Jan-July
Kentucky A Indiana Terminal 4y2s 1961—Jan-July
Stamped 1961
Jan-July
Plain
1961
J an-July
4 Vis unguaranteed 1961
Jan-July
Kings County Elec Lt A Power 6s 1997
Aprll-Ocf
Koppers Co 1st mtge 3s 1964
Aprll-OcI
JAKreuger A Toll 5s certificates 1959
Mar-Sept

100

"

78

8G:!i

June-Dec

1974

95Vb
77

7

"75

June-Dec

GO

1997
Jan-July
1997
—Jan-July
gold 3V2s 1998
Feb-Aug
3 V2s registered 1998
Feb-Aug
Micnlgan Cent collateral gold 3%s 1998_Feb-Aug
3Vbs registered 1998
Feb-Aug
New York Chicago A St Louis—
Refunding mortgage 3Vis series E 1980—June-Dec
First mortgage 3s series F 1986
April-Oct
4 Vbs income debentures 1989—
June-Dec
N Y Connecting RR 27/a» series B 1975
Aprll-Ocf
N Y A Harlem gold 3Vbs 2000
May-Nov

93

92%

June-Dec

1st

96

77

June-Dec

1st

100%

100%

78

3Vbs

98

95 Tb

96

Jersey Central Power A Light 2%s 1976—Mar-Sept
jo*
Manufacturing 3%o debs 1975
Mar-Sept
Kanawha A Mich 1st mtge 4s 1990
April-Oct

1uu-,B

77

Refunding A impt 5s series C 2013
trust 0s 1980
N Y Central & Hudson River RR—•

96

91

690

91

97%

88%

Lake

—

101

97'/a

Id

82

Collateral

100

"

90

..Jan-July

1982-

99%

*bj'/4

'General

Mar-Sept

1987—

debs

9i? V2

May-Now
—April-Oct

1974

debentures

Refunding A Impt 4,/bs series A

97%

"

91

11

Breaker—

subord

conv

99 To

100'

96 Vb

Feo-Aup

*79

170
* 92%

85

'•

Co—

series

debentures

Circuit

4Vis

Jan-July

84%

Mar-Sept

.

146

91

91

31

--

Corp—

1977—

debs

f debentures

s

I-T-E

subord

conv

*92

92

92 %

High

Brf

New Jersey

83

*80

Ry

90

82 7

1986—June-Dec

Union

Low

96%

Bell Telepiipne 3 Vis 1988—
Jan-July
New Jersey Junction RR gtd first 4s 1986—Feb-Aug
New Jersey Power A Light 3s 1974
Mar-Sepf
New Orleans Terminal 3%s 1977—
,
May-Wos
New York Central RR Co—
Consolidated 4s series A 1998
Feb-Aug

94

87%

b

Jan. 1

No.

o4%

1977

debentures

.

3s

7!)%

2%a ser C

Indianapolis

90'/a

86

f

b

Range Sine#

bold

May-Woo

3'/2s conv 1980

co

Bonds

High

June-Dec

debentures .1967

England Tel A Tel Co—
First guaranteed 4 %s series B 1961
3s debentures 1982
T„

92

.84

Mar-Sepf
Jan-July

l

5s

'86

75%

May-Wot?
May-Wot?

1984-.—Jan-July
—Feb-Auy

mortgage 3%s series F
mtge 3Vis series Q 1980

1st

Range

riuay's

New

84

■

National Tea

30'2

73

78%

.June-Dec

mortgage

Consol

1

National Supply 2%s

57'.2

12

Nil

365

mtge 3%s ser A 1979—May-Woo

mortgage 3s series B

HI Cent RR consol
Consol

%

*

Low

High

40 Vb

42

15%

40

14%

Low

No.

High

or

Bid A Asked

Sale Price

Jan. 1

bold

Bid & Asked

Sale Price

Range Since

Bonds

Friday's

Last

Period

Exchange

Yorx Stock

New

Week's

Friday

REEK ENDED OCTOBER «

.OR

KA.NGE
Week's Range

Friday

90%

64%
"
_

94

y4

89 y*

84%

84

84%

80

88

61%

90

83

83

91%

60

90%

*82%
83

*32 Vb

Number 5685

186

Volume

.

.

The Commercial and Financial

.

Chronicle

(1869)

33

NEW YORK STOCK EXCHANGE BOND RECORD
RANGE
.

BONDS

New

York

block

Friday

,

Interest

Exchange

4 V-ts

2%s

suboid

conv

debentures

debs

1964

Feb-Aug

Pills bury

Pittsburgh Cincinnati Chic &

St Louis

Consoiidated guaranteed 4s
Consolidated guaranteed, 4s

G

ser

Pittsburgh Cine Chicago &. St Louis
General

mortgage 5s series A

General mortgage
General
Pittsb

&

*81

3 Vis

f

s

Procter

&

debentures

1964_Maw-Nov

3s

Electric

.debentures

debs
&

1963

73 %

90

A

18

-

89%

16

90

97

99%
—

__May-Nou

92

97

'A

90%

1

92%
.

^

'163

'

'-ilL

*84 %

and

refunding mortgage 3'As

4%s

debentures

L

Oats

2%s

debentures

4

96%

93

90

%

"1

99

90

98

7 22

93

89%

,

Oil

l

'

*91 %

90

AConsol
Debt

mtge 6s

85

65

-

adjustment

5 Vis

series

A

1st

1978

94

4%s

series

C

1978

Aircraft

5 Vis

conv

series J

Corp^debs

subord

Lawrence & Adiroud'k
Second

St.

gold

Cs

1st

1996

!

Louis-San Francisco

Bt

income

debs

&

Paul

Union

Duluth

first

cons

Bcioto V & New England

Bcott

Paper 3s

Scovill

gold

4s

__

5s

subord

i—

.

A

1982

4

5 a Siemens &

South

&

North

Southern
3s

Ala

debentures

2lis debentures

& Telegraph

..Mar-Sept
1961——

2 As debs

Indiana

1985
;

Bouthern Natural Gas Co

4'As

Southern Pacific Co—

-

First

4'As

(Oregon Lines)

Gold

4'As

'

81

1969—

Gold

4'As

81

6

91

debentures

'

.

debs

75

56

97

52%

92%
*

New Orleans &

Joint

3As

81

J.+-

96

n

92

96

-

92

88%

*

'

7

„

"

■

*76

Mar-Sept-

88 %

99%
105 Va

-

conv

subord

conv

subord debs

3 'As

consolidated

First

.June-Dec

Wabash

—•w

*84%

'

•

*

Junc-Dbc

84%

53

Coil

Products

(Indiana)

5s

3'As

conv

conv

—

77 Va

97%

99'A

_

94-A

102'A

-

101

-

95

63
22

100%

.102

84 'A

84'A

1

1,402

94'A

80'A
'97

82'/s

89'A

West

100% 103

April-Ocf

92

86

'93

Jan-July

98

103%

85

*84%

June-Dec-

104%

94%

29

102 A

"84'A
-

97%

1967.

1982

i

4s

93

80'A
95

95

78

90'/a

'77

73

83%

«77

77

85

238

100

114

4

60

67

-

81%

2

81%

1975—Mar-Sept

80A

;

101

.

102'/a

100

60

60

128%

128%

3JAs

debs

'I

*—

80 *

80

80

*82

85

82

92

88%
91'4
.83%

,,

88'A
90%
83

62

92

84 %

.

87%

101%

106

88%

90 '/4

101'A

Winston-Salem

32

V

83

83

2

82

I

66

3

66

77

62%

59

7

99%

<99:,V

1<>

99 '

101'/a

78 Va

99 s*

79'A

18

78%

; 85 %

5

91

63

101

103'A

67'A

67%

B

Central

Electric

Power

107

52%

92%

Public

Jan-July

1971™

G4%

92%

953 a
95%

99%

5

83

_

■

103 3'a
88

88

—

94

90

99'/a

VH

84

81

86

*89%

94

*93
*83

—

86 *

...
«

98%

100% "
.

.

,

•

•

>

,■

t

(.

,

7^"

A.

:■

122%
91'/a

98'A

1

93 Vt

87%

86

'

-

93'A

88%
82 VB

397

85 "a

98%

—

—

85

■

-\-

98%

a

.

'

f-

83'A

85
*

...

85

99%

S8'A 100'/a

'

•

62

657 0

—

'

60

—

73%

63

.

*77

—

'

19;

74

78

60

61'A
.

"

Mar-Sept

3'As

65

52%

8

100

0

May

1979

Service

513k

2L

90

100

r

June-Dec

:

'

*87

Jan -July

2029

65

"

54
"

.April-Oct

1976

96
100%

95

"

93
-

——Jan-July
1

2%s

6

54

51%

54

Feb-Aug

v

Co—

RR

89%

':
'

59%

88

88

96

92V4

83

100'/a

94%

3

91%"

96

<1

—

83

59

88

*86
96

Mar-Sepf" '
Mar-Sepf
Jan-July

,

80

54%

95

'

—

76

67'A

"2

%

83

95

May
Mar-Sepf

1958

first 4s 1960

56

*78 Va
*

May-Nov

1980

f debs

'

9

67'A
80

54 VH

761/a

69

67%

'

_

85%

■

11"

*85%

'

."94

85

11G

98%

Wisconsin

109

93%

89%

Jan-July

1984

mortgage 3s

First mortguge 2%s

71

59

92 %

101%

92 Va
101

Wisconsin

102

101'A

joo

May-Nov
1973—April-Ocf

196'G

1st mtge 4s series A 2004
Gen mtge 4'As Inc ser A Jan

86

66

101'A

Wisconsin

97

83

S

91 %

87%

Jan-July

1975

3'As s

first

Co.

88

April-Ocf

Wheeling Steel 3'As series C 1970,
First mortgage 3'As series D 1967

&

78A

84

April-Oct

series

income debentures

conv

9

80'A

79%

i-

Shore

3%s

112

'

Power

Wilson

84%

;

1978—Mar-Sept

Westinghouse Electric Corp 2%s 1971
Wheeling & Lake Erie RR 2%s A 1992

173

152

32

86 A

*

'

119

118

84%
*99

registered 2361

5s

90%

79

86%.

*—

Western

88

162

.

85%

first 4s guaranteed 2361.
Jan-July
Z
Jan-July
Maryland Ry 1st 4s ser A 1969—April-Ocf
1st mortgage 3'As series C 1979
Apr-Ocf
5'As debentures 1982
Jan-July
Western Pacific RR Co 3'/nS ser A 1981—Jan-July
West

100%. 117'A
93

10

81%

160

162

162

mtge 'ncbrne

93%

Yonkers Electric

Light & Power 2%s

#

1976_Jan-July

90

—

*

—

.
.

,

'

»•—

-

'

105% 105%
*98
'
■'

2

—

a

Deferred

included

1985-

160

RR Co-

Penn

%
-A

.

161

First

99

%

■

—

8 5'A

1958

80
84

75

80

*81'/a

100

15

'/a 100%

*75

A Jan 1981.
April
4'As series B Jan 1991—April
mortgage 3 As series B 1971—
Feb-Nov
Warren RR first ref gtd gold 3%s 2000—Feb-Aug
Washington Terminal 2%s series A 1970
Feb-Aug
Westchester Lighting gen mtge 3'As 1967—Jan-July
General mortgage 3s guaranteed 1979—May-Nov
West Penn Electric 3'As 1974—
May-Noo
Gen

98

101%
97 A102%

94
97

100

—

Gen mtge 4s income series

83%

99%

—

.

Jan-July

ASpokane Internal first gold 4'As 2013
Standard Oil

90

94

Mar-6'epf
1957—May-Nov

1976

First lien and ref mtge 3'As ser C

not

May-Nou

:

debentures 1983

Standard

''HO*

June-DCo

1969

debentures

Virginian Ry 3s scries B 1995-.

85 '/a

76 Va

*76^4

Jan-July

1996..

debs

se

*

———Apr-OCt
gold 5s 1994
Jan-July

2%s

92

•

1st & ref mtge 3'As ser J 1082
Virginia & Southwest first gtd 5s 2003

101%

102'/a

541

—•

—

100 Vb

^ " ■

Northeastern RR—
Tel

99 Va¬

92

1st mortgage & Refund 3%s ser I 1981—June-Dec

mmmm,

96%

•

May-Nov

5s

87%

92

J&n-July

->

,

92

80 Va
92

—

First and refund mtge 27/aS ser G 1979—June-Dec
First and ref mtge 2%s ser H 1980
Mar-Sepf

93

89

—Map-Nov

1977

Boll

90

90

90

92

June-Dec

...

'

119%

85'A

*80

_

First and refund m-tge 2%s ser E
First and refmid mtge 3s series F

103

'

•90

San Fran Term 1st mtge 3%s ser A '75—June-Deo
Bcuthern Pacific RR Co—
First Mortgage 2%s series E 1986
Jan-July
First mortgage 2As series F 1996
Jan-July

Southwestern

99
f

83

161

89

*84%

Jan-July
Jan-July

Vandalia RR consol gtd 4s series B
Virginia Electric & Power Co-

68%

91%

87%

,

...

-

Mar-Sept"

1961

80%

96

!

Corp of America— '

Whirlpool Corp

1981—

Memphis Div first gold

83

88

1947

4 %s

75

52%

A

3'/as

75

55

series

08

67

96

.Mar-Sept

1977

'89'/»

79%
71'A

*—

,•

..May-Npv
1966—ApriZ-Oct

1969.

America 2%s

Biscuit Co of

Vanadium

80'A

Jan-July

^

Bouthern Ry first consol

81'A

1

6'As sinking fund mtge series O 1951—June-Dec..
3'As assented seiies C 1951—
June-Dec

86

*73%

——Jan-July

A 1977.

First mortgage 2'As series G
1st mtge 5'As series II 1983

—

'

Participating ctfs 4%s 1968-;

59 Va

1973—June-Dec

conv

91

71 Va

79%

•

.

86

79%

*80

'

——

88

70

—Jan-July

1994

92

80

■i85

V

71'/a

'

25

Feb-Aug'

£%s

Ry

88

88

85%

June-Dec

'

Southern

80

60

1976 .Feb-Aug

debentures

2%s

:

June-Dec
May-Nov
1970

98

80

•89

<■
—

94

88'A

80

80

96'A

90%

—

96%

91

~i

92

*90

1971—May-Nov

3%s

113

104%

540

104% 107%

*91'/i,

85%

2

-

33

—^Jim-July'

Bontliern California Edison Co—
3'As convertible debentures 1970

3%s

3'As assented series A 1951

Co—

...

1987

87

72%

..June-Dec

gtd 5s 1963—-

1979—

88

85

Jan-JwZy
3V'4S assented series A 1947
Jan-July
6'As sinking fund mtge series A 1951—June-Dec

112

61'A

ApriZ-Oct

1976—Li..

Bell Telephone

debentures

v2%g

RR

96

80

92

.

93

83%

59'A

.Mar-Sept

.

Sinclair Oil Corp 4%s conv debs 1986__
Skelly Oil 2'As debentures 1965:

Bocony-Vacuum Oil 2'As

78%

■

70

April-Oct

s

Halske 6'A s ,1951_

80

72

•—i-Jan-July

:

——i

f debs 1982
Bhell Union Oil 2%s debentures 19713.20s

94

80

105

Feb-Aug
May-ZVow
4%s s f debs 1972
April-Ocf
3%s sinking fund debentures 1973.^
Apr-Ocf
1st mtge & coll tr 4'As 1977Mar-Sept
U S Rubber 2%s debentures 1976
May-Nov
2%s debentures 1967
—April-Oct..

85

60 A

Feb-Aug
Map-Nov

—

85%
114

111

;

90

..June-Dec
1960.

.

-

debs' 1977-

debentures

•

105

71%

-

81

May-Nov

Bears, Roebuck Acceptance Corp—
1972

3%s

152

77%
72

<UJ.'

.

88

•

Mar-Sent

—•

86%

82
78

10

78

i:—.....April-Oct

United Gas Corp 2%s 1970
1st mtge & coll trust 3%s 1971

180

■

84

£5

1989—May-Noo

Beagram (Jos E) & Sons 2'As 1966——
3s debentures 1974—
Li.
L——

4%s

...

--87

-

1st mtge 3s series B 1980
3Vis s f debentures 1977

Service Pipe Line

-

*37 Vt

Manufacturing 4%s debs 1982—*.Jan-July

debentures

.

—

April-Ocf.

Seaboard Air Line RR Co—

4%s

-

w-a

88

1963_Jwne-Dec

1971—

1st gtd

"

3

83

112%

*75

.._Feb-Aug

:—

1982

Corp—
subord debs

conv

6'As

Mur-Nov !

debentures 1971

conv

-

May-Nov

4s

99'A

*

June-Deo

1980—

2%s

of California

i

•

20Q6

Depot- 3 'As B

'

78

*111

'1st mtge & coll trust 3'As 1972
1st mtge & coll trust 3%8 1975

—:

Sepbnd 4s inc bond certificates Nov 1989_Jun-July
Paul

82%

92

l

of Missouri

Pacific RR

United

91

180

•

Jan-July

Ixmis-Southwestern Ry— -.
4s 4>ond certificates
1989

Bt

80

1

72

Mar-Sepf
gold 5s 1906. Jun-July
April-Ocl

Jan

99

79 Va

33

•

United Steel Worlw Corp—

First
Bt

80

152

-

Mar-Sepf
Mar-Sept

—

Ry Co.—

A

ser

92%

—■

1st

':5s

•

80

■

mortgage 4s series A 1997
———_Jan-Auly
ASecon«t mtge inc 4'As ser A Jan 2022—.May
mtge 4s ser B 1980
Mar-Sop

"•

7

—

1st
.

84%

6s

^

1969

1977

83%

8

80%
.94

83

78

1985.
i—Jau-July

1974

1986

United Artists

82

80

Baguenay Power 3s sprles A 1971
St

64%

4

5

."* 84*

80%
93

Refunding mortgage 2'As series C 1991—Mar-Sept
Tank Car 4'As s f debs 1973
.April-Oct

102%

9

—Jan-July
z

■

mortgage 438s series D 1977

General mortgage 3 Vis
Rohr

500

July"

Rochester Gas & Electric Corp—
General

85

65 ■-*, 65''»

Jan-July

—

83%

80'A

and coll trust 2%s 1975_Apr/Z-Oct
1963
.May-Nov

3V4S

mtge

Union

'

84%

•

Feb-Aug
.April-Oct

*'

Ino—

3'As

mtge & coll tr

1st

Mup-Nov

1978

4Vis series B

88

May-ZVop

1955—
bonds—

90

85

.

86

—Feb-Aug

—

89 Va

93

Union

Rhine-Westphalia Elec Power Corp—
S A Direct mtge 7s 1950
§ ADirect mtge 6s 1952
SAConsol- mtge Cs: 1953.!

3%s

Orleans

Cent ref and impt

Ohio

debentures

3s

100%

"

..Jan-July

M 3%s scr E

debs .1982A
Co

First mortgage

97'A

98%

■

New

Union Electric Co

""

90

Corp of America 3%s conv 1980
June-Deo
Reading Co first & ref 3Vis series D 1995—May-Nov
Reynolds (R J) Tobacco 3s debs 1973
Aprll-Oct

.

15

84

...Jan-Julyseries C 2019—
1985— .April-Oct_May-Nov

Tri-continental Corp 2%s debs

87'A
87

85%

L,

subord

Tol &

173%

84V4

——

4%s

of

Products

Thompson
Tidewater

ill'A

81

,.

RR

Term

Radio

Rlieem Mfg Co 3%s debs 1975_

80%
__

_

93

162

_

93

Mar-Sept

1964

91'A

Pacific-Missouri Pacific—

Union Oil

Quaker

93

78%

St Louis—

of

General and refund
Texas

98

104'A

.

•

;

87%

Apr-Ocf

1977-.

•=

93

1983—April-Oct"

3%s debentures 1975—

89 Va
,

■

—June-Dec"

;

90

20

80'A

Orleans RR—
M 3V.»s series B 1970.._ApriZ-Oct
1990.
..April-Oct
.June-Dec
Texas & Pacific first gold 5s 2000

102 Va

90'A

J-

—*'

—

1972_

^

M

:'

90

~1

82

*86

and refund M 3%s series C

First

89 Va

98

3<)

907h

106%
lOOVa

89

& New

Texas

101 »A

89 Va

—

I

103

99'A

90

Jan-July

Corp 3s debentures 1965

Texas

95%

90U

97

20

80

and impt 27As series D

Refund

96%

'

*<(6

99%

90

First and refund

Mar-Sepr

91%

96

„May-Noo

Refund and hnpt M 4s

83'/4

14

April-OcX

■

"

96'%

'

and

debentures

73

86%

83'A

94

.Jan-July
1971- —May -Nov

Gs

mtge

1973

RR Assn

Terminal

"

.90

refunding mortgage 8s 2037__Ju/ie-Dec
First and refunding
mortgage 3s 1972"— Map-Nov~
First and
refunding mortgage 23as l'J7D.June-Dec
1st

73 Vi

91%

90

1908—Jan-JuZy
2037—_Jan-JuZy

3%s

103 V*

97

*98

4

—

80 A

67

103%

96

66

85%

*

100%

27

03

'90

1966— ..Jan-July

Swift & Co 2%s debentures 1972

99
1

Co—

—

Surface

94%

97

96

96

First and refunding
mortgage 3'As
first and refunding mortgage 5s

first

'

99%
101 Va

2%s debentures

Mar-Sept

_

97

1st

High

Low

99%

J a n-July
1982—
_Mar-Sept
1973—

debentures

2%s debentures
Superior Oil Co 8%s debs 1981
Transit Inc

Jan. 1

>

NO.

;

t

Oil Corp.

Suinay

100

Sold

High

82%

I

83

Jan-July

1974

(Ohio)—

fund

sinking

4V<s

83

Co

98

—J.

_

1981___

Gas

82

'

97

-Aprif-OCt

1970

2As

Standard Oil

92

99'A

*98

June-Dec

1986_.u—

Gamble 3%s

Public Service

''

(N J)
debentures

Range Sine*

Bends

Friday's

or

Bid St Asked

85%

..May- Nov
debentures 2%s 1971—May-Nov

Standard Oil

115

86

*98%

RR—

1970

Week's Bang*

Last

Sale Price

Period

L010

95

100%

■

—

*97

1963—Feb-Aug

series B 1975

2%s

45

Interest

Exchange

Slock

Btauffer Chemical 3%s debs

1st

Line

.1,852

89 %

«

York

High

9.1%

*99

_

Pipe

4

,

Ry~

mitge 3 %s 1964_
May-Noo
Pittsburgh Consolidation Coal 3'As 1965- Jan-July
Pittsburgh Plate Glass. 3s debs 1967
April-Oct"
Pittsburgh YoungstOWii & Ashtabula Ry—
v
First general 5s scries B 1962
Feb-Aug
Plantation

Low

'

89 7

mortgage 3%s series E 1975___April-Ocf

Coke & Chem

92%

1960J—Feb-Aug

H

ser

25
BONDS

New

Jan. 1

No.

100% 102%

1957—May-Nov

Consolidated guaranteed 4'As ser I
Consolidated guaranteed 4%s ser J

OCTOBER

ENDED

Range Since

Sold

High

92%

101A

Milts Inc 3V8s s f debs 1972__Ijune-Dec
Piusbgh Bessemer & Lake Erie 2%s 1996__June-Dec

Bonds

Bid & Asked

92 7 a

Feb-Aug

1987

WEEK

Friday

Range
Friday's

or

Sale Price

Low

Phillips Petroleum

FOR

Week's

Last

I'eriod

April-Ocf

08%
100

n

the

In

87

68''!!

70

§ Negotiability impaired

87%

tCompanies reported as being in bankruptcy,

92

26

66'A

209

99'A 101 %

year's

99%

range,

84

A Bonds

142''4

Act,

e

by maturity.

„

l.

nr,

receivership, or reorganized under Section 77 01

securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted

the Bankruptcy

d Ex-interest,

y Ex-coupon.

84

81

80

*81

June-Dec

year's range,

the year's range,

Odd-lot sale not
Under-the-nrie sale not included in the year's range, r Cash sal*
included

75

*76

_April-Ocf"

the

not

81

*77

_May-Nov
—April-

in

included in

sale

delivery

or

during current week.

selling flat.

AMERICAN STOCK EXCHANGE
WEEKLY
In the following extensive list

AND

YEARLY

RECORD

complete report of the transactions on the American Stock Exchange for the week beginning Monday,
Oct. 21 and ending Friday, Oct. 25.
It is compiled from the report of the American Stock Exchange itself and is intended to include every security whether
stock or bond in which any dealings have occurred
during the current year.
^
-7

we

furnish

a

,

RANGE

Week's

STOCKS
American Stock

Last

Exchange

Sale Price
Par

Aberdeen Petroleum Corp

class A— —1

Acme

Precision Products Inc
Wire

—19

Adam

Co

Consol

common

Industries

Inc

Aeronca

1

—1
Manufacturing Corp
1
Supply Manufacturing
Agnew Surpass Shoe Stores
•/
5
Aix^sworth Manufacturing common
Aero

For

footnotes

see




page 37.

Shares

High

Low

3%

1.C00

3%

Oct

5%

Jan

6%

1,600

5%

Oct

11%

Apr

21

22

200

21

Oct

6%

6%

6%

1,800

5% Mar

4.'A

4%

2,200

4'A

Oct

1%

1%

1%

4,700

1 %

9

8%

9

2,300

7V4 Mar

9

%

8%

9%

7,000

5%

Oct

Jan

30

Feb

Industries Inc
AJax Petroleums Ltd
Way

Alabama

Gas

Corp

9'A

Aug

Alabama

Great

Southern

Jan

Alabama

Power

4.20%

9

11%

Oct

Aug

Range

Sales
for Week

of Prices

Shares

Week's
„

Range Since Jan. 1
High

Low

High

Low

-

Air

10%

3 Va July

Sale Price
Par

High

3%

4 %

Last

STOCKS
American Stock Exchange

Range Since Jan. 1

.

.

25

Friday
•

tor Week

6

—1

Acme

ENDED OCTOBER

Sales

Range
of Prices

Low

3%

WEEK

FOR

Alan
5%

Wood Steel Co
cumulative

3
50c
2

4,400

2

1

i">

15,400

26'A

4,600

82'A

325

81%

Oct

92%

1,100

19%

Oct

31'A

81%

Jun

2%

Oct

1

23'A
144

50
20%

19%

20'A

preferred—_—.—100

Alaska Airlines Inc

Jan
Jan

%
23 Va

81'A

,V
25'

preferred—100
10

% Oct

5Vs
1

Oct

1

6,700

,

34%

Oct

160

Sep

|

Jan

Jan

Apr
Jan

89

Jan

5

July

„

Financial Chronicle

The Commercial and

34

.

.

.

Monday, October 28, 1957

(1870)

AMERICAN STOCK
Sale Fries

tMrluD Stock Exchange

EXCHANGE
OCTOBER

All

Engineering

American

19%

19%
3*4

—I

Alles A Fisher common.

a

Corp—

-I

preferred.

3%
2%

2%

Bread

3,500

Control

-J

Inc.

Co

stock—1
1

Allied Internat'l Investing cap
Allied

Paper Corp

Aluminum

100

Inc

Air Filter

5%

conv

American

Beverage

common

Ambrook

Industries

200

6%

Oct

10% Mar

19%

Feb

52% July

Canadian

5*4

5*4

100

5%

Oct

7

Feb

0*8

734

9,700

6%

Oct

17

May

14,600

2%

.

77

77

250

76

Aug

88%

20

21%

500

20

Oct

29% May

Book

Electronics

Co

13 y

15%
24%

3,400

6%

"5%

•

American

Natural

American

Petrofina Inc

Co

Gas

Co

1

A

Lead

Anglo

Mines

33%

50

10 %

11%

Oct

Cenco Corporation——.-.

Jan

34%

Feb

Central

Explorers

10%

Oct

18% July

Central

Illinois

39% July
17% Jan

Conv

25%

4,700

19%

Apr

9%

23, 10O

7%

Oct

3%

1,100

3%

Sep

3%

18%

600

11%

8*4

10

5,600

3%
%

1*4

9*4

2%

500

6%

7%

28,100

13%

2%

%

4*4

3.50%

preferred
Be Light

23% Mar

Central

15%

5%

6%

7 % May

Oct

2 %

Jan

16% May
17% Jan

Oct

Oct

Angostura-Wlppperman
Appalachian Elec Power 4*4% pfd—100
Arkansas Fuel Oil Corp
6
Arkansas Louisiana

Arkansas

4.72%
Armour

Power

Be

Gas

Co—

6

Co

4%

Power

Chamberlin

Charis

pfd

34%

Assoc

-25s

Productions

28*o Aug

Feb

Inc—

~4%

5,000

3%

Oct

13%

5,600

12%

Oct

15%

Apr

Oct

22%

Jun

7%

6 *6

7%

14*e

1,800

15

14*8

15

Industries—

6*s

26,900

6% Mar

11*4 May

Oct

Chicago

Rivet

1%

Clary

2%

3

Products

8% Jan

Coastal

600

Oct

3%

Jan

Colon

2%

Oct

5*8

Jan

Colonial Sand

Caribbean

Atlantic CoaBt Fisheries
Atlantic Coast Line Co
Atlas Consolidated

•

31%

28%

31%

92%

3,100

Stone

Be

28%

Audio Devices

Automatic

Non-voting

11%

Consolidated

Oct

9%

Jan

Consol

Jan

12%

Sep

Consolidated

4%

6,600

4%

9

5,900

4%

2%

2%

2,600

2% Aug

3% July
4%

Electric

Stores

Aviation

3*4

300

Jan

Continental

300

16%

Jan

21*8 Mar

Continental

Commercial

400

31

Oct

46

Jan

Continental

Industries

3% Jan

&

Corby

Baker

Industries

Inc

Baldwin

Rubber

Baldwin

Securities

Banco

de

los

200

13%

Oct

2%

6,300

2%

Oct

X-

31

11 -

__

Watqji Co Inc
inc

Oct

12*4

Jan

5%

Oct

12%

Jun

Co

25%

37% Oct

48%

Jan

8

Oct

13%

Jan

6%

Oct

8

12%

Feb

8*4

Oct

Jan

42,900

5*4

12,100

3%

Oct

.

33*4

35%

100

39%

Sep

Cuban-Venezuelan

Apr

Curtis Lighting Inc common

11,600

Mar

Jun

10% July
8% July

Oct

21

Jan

43

Mar

35*4

Curtis

Amer

—Jit
£1

dep rets ord bearer.
dep rets ord reg
Columbia

British

60%

Oct

Jun

4%
—

—-

—

1

400

5A

Oct

July

4%

Oct

5| h Aug-

34*8

Oct

55*2 May

Petroleum Co Ltd—

American

Brown

Power
rets

•

common

nrH

cumulative

Brown

Rubber

1

Bruce

B

8

F

83,800

12%

Oct

23%

11%

22,500

10%

Oct

19

17

19%

Jun

July
Jun

1,500

16

Oct

6*8

6

6*8

1,500

6

Sep

7%

7*8

7%

4,900

7*8

Oct

16%

15*8

16*2

2,200

15*8

Oct

23

Jan

2% July

3

July

JI.50
•

—

—

—-

6% May

13% Jan

|

—

7%

8

1,800

7%

Oct

_l

2%

2%

2%

1,100

2%

Feb

3% May

50c

Company common

Budget Finance Plan common
60c convertible preferred
serial

14%

10%
16

11%

1

common

Buckeye (The) Corp—

6%

12%

14

1

(E L) Co common
Mills Ltd class B

BtUck

37%

10

preferred—.

Co

34*8

5%

5%

5%

500

5*8

Oct

7%

Jan

8%

Jun

10*8

Jan

7*2

Sep

8%

Jan

1

9
16

preferred

■

__

__

7%

—

7%

500

10*4

Jan

Buell Die Be Machine Co

1

400

2%

Oct

Buffalo-Eclipse Corp
Bunker Hill (The) Company

1

13*8

12%

13%

4,700

12%

Oct

22 % May

_*$0

11%

10%

11%

4,100

10%

Oct

16%

American dep rets ord shares—3s 6d
Burroughs (J P) Be Son Inc
1
Burry Biscuit Corp
12 %0

%

%

22,100

*4

Oct

2%

2*4

2*4

700

3%

3%

4%

1,500

Burma

Mines

2%

3

5%

Jan
Jan

Ltd—

Cable Electric Products

common

Calgsry Be Edmonton Corp Ltd
Calif

Eastern

California

—

Pewer

•

23%

lOo

Aviation Inc

Electric

60c

1%

1

$8.00 preferred
preferred

60

$2.50

7!t Feb

1*8 Sep
3% Oct-

—1

18

1%

69,800
—

24

1%

19,300

14,900

4*8

12%

13

7,200

50%

52

250

43

13
— •«

60

Oalvan Consol OH Be Gas Co

%

%

43

50

4*8

4*8

4.900

26%

300

*2
4%
18

Campbell Chllbougamau
For footnotes

see

25

5

4*4

Jan

6 Va

1*4 May

Oct

5% July

Feb

38

Oct

3%

July

12%

Oct

14%

50%

Oct

60

Mines Ltd
page




37.

1

4%

3%

5A

79,100

50

class

Co

6

Apr

Oct

Oct

1%

Oct

5,500

7*4

Jan

'

:

Apr

Aug

36*4

6,300

9%

Oct

16 V2 J illy

16*4

1,400

13%

Aug

17*4

23%

1,290

22*4

Jan

27*4 Mar

'2,900

25

»900

,

Feb

Oct

3%

Oct

5*8 Mar

1 *8

Oct

2*4

Jan

31 '2

7,700

3

Oct

6%

Jan

20*4

5,600

..

Oct

Oct

8%

Oct

IS1/* Jun

5*4

Oct

12Vs

Jan

13,600

4*2

Oct

10%

Jun

5*8

Sep

6*4

Feb

5

Apr

7*4

Sep

Oct

1%

Jan

4%

6 *4

5%

100

6*4

6*4

4,100

*4

*4

*4

6,900

.

400

20*4
6%

10%

8%

.

6*8

,

Mar

18

May
%

17 ya

July

July
% July

Jan

9%

700

Oct

14

8*4

700
.

24*4 May
9*4 Jan

Oct

15

6,900

<■.

Sep

20

,800

*8

8*2

2*4

1*8

5,700
"i.

6*8

'*4

Jan.

9,800

9*4

8*4

20

76

Oct

4,300

1%

1%"

19%

Oct

11%

Sep

19%

July
Jun

Apr

16
4

1,000

3*2

74*4

78%

15,900

8%

49,600

5%
9,; 1V
24 % 24

/

20,300

1*8

1,300

9.,

1,450

7

.

1%

8%

19

16*8

19%

32

r

36%

9*4

2*4

Jan

Oct

14 y*

Jan

Oct

18%

Feb

2*4

Oct

Aug

6

23*4

16*8 Mar
32'
1

Sep

49°

9

50

Oct

7

9%

•

.

Aug

8%

1*»

V—J.

"-"9%

Apr
Jan

23*4

Oct

46,100

",1*8 y

>i;x

-.a

Aug

8*4
22%

Oct

15*8

,

120

—

Mar

6

Oct

24

29,500

3%;;:

2%,

May

13*4

5%

'19,000

32
lr

July

96

Apr

9

800

15%"'

=

5

Oct

5*4

50

15*2

Oct

73

100

5%

■

Oct

3*4

1,000

%

15*4

.

7*4

3%

-2,600

•

,

Feb

13,400

3

1%
8%

.:

Aug

1 *2

4%
:

19 %

.

.

Jan
Jan

May

2*4

Jan

Apr

8

Apr

Apr

10

Jan

Day

Dayton Rubber Co class A.
Dejay Stores common
Dempster Investment Co
Dennison Mfg class A common

1
5
100

debentures
Gasket Be Manufacturing.

Co

.

v

--1*8
29 *•

__

3*4
5*8

/•

2%

5*8

28

Harris

Driver

Duke

Power

DuMont

Co

1

•

-

3*4
5*4

Oct

22%

Oct

10s
1
•
_1

reg

Co

Duro

Test

Corp

common

Duval Sulphur & Potash Co

Dynamics

Corp

of

America

•

1

—

-.

,

Feb

i

39*8 May
146

Oct

Oct

ll7/o

)

Jan

Jan

i

5 *2

2.300

2%

Oct.

5% Mar

6,300

3*8

Oct

6*4

Jan

;

1

Oct

2jg

Apr
July

.!

40,400

-

46

{

12,100

16%

Jan

Sep

11%

1,000

10%

Oct

15*4 May

t

8*2

18,700

7'ns

Oct

14%

)

36

A

21

17%

133«

34

;"

A

33.% Aug

s

Oct

13

Jan

k

Jan

;

9*2

7*4

Oct

12*8

Oct

19*4 July.

34

2,900

Oct

41

-3478

100

4%

3,600

16%

-

3*4

350

47

26%

2734

1,200

3%

22,800

•

Oct
Oct

July

♦

23*4
.

Jan

10*4

l

Jun

39

Oct

69 *4 May

26%

Oct

30*4 July

3

Oct

6*8

2*4

Apr

j

]

2U Aug

Apr

5% May

37a

2,200

35a

Oct

6*4

Aug

15% Xl7*«

1,216

14*4

Feb

19%

Sep

4.300

19 %

Oct

29*2

Jan

3*4

33,200

2%

Oct

7%

Jan

31%

650

3*4

xl7%
23.
3

i

Jun

31*4 Mar

Apr

5%

6%

Oct

15%

5,100

19,800

3*4

>

'

39
*

?

Oct

7%

5*2"" 634

46%

]

80*2 July

Jan

30%

3%

Apr

17*4

100

7%

12*4

3*4 July

1,100

8 3 4*

'.7*4

,

2,400

19%

7%

15*4

•<

Jan

6%

2*4

•7

574
27

!

5

Oct

500
2,200

.

-1

Common

(The)

,

'

;

Jan

1.100

4

1 'id'

10*4

16

*

Laboratories—

36%

Jan

Aug

.

Oct

1,000
;

3*4
"

•

31

34%

r

10

:

Co

(Allen B)

7*4

"

6 *2

•-

"3*8

l/a

*
•
1

Co

5

Jan

110

v3%
-

2*8

Vv

—

J " *

Ltd

Brewery

|

130
5%

"
6s 8d' "
1
11%
2.50
•»
8
•
Domlnidn Steel Be Coal ord stock
•
18*4
Dominion Tar 4c Chemical Co Ltd
*
Domlnipn Textile Co Ltd common
•
Dorr-Oliver
Ing
•
7.50
12%
$2 preferred
..—32.50
34
Douglas Oil Company
;
.1 .
4*4
Draper Corp common

Jan

16*2 May

Oct

-1*4

,

Drilling & Exploration

15*4

Oct

5%

.

dep rets ord reg
Diversey (The) Corp.—
Dome Exploration Ltd
Dominion Bridge Co Ltd

Dow

Jun

9*8
-

3,200

'•

22*4" 26

24*4

1

__

Ltd—

■

American

Apr

29 % May
14

1*4
28%

-

28%

*
'

25c

Club Inc

.'2,500

112

1" '

Devon-Palmer Oils Ltd

(The)

6 *

'6 *8

10*4

2,100
1,725

5*4

11

Detroit Gray Iron Foundry..
Development Corp of America...

Distillers

10%

12*4

'

—S—10c 35" '
50c

Mines Inc

'a -

9*8;

11%
..

,

1

Davidson Brothers Inc—

■

-

,

1

2.50

Mar

3%

't

;

Jan

11

iy8

77%

2.50
A—
4

Mills—

Hosiery

Apr

41% Aug
Oct

50,100

^

Mar

23

20

; 25«

8

July

Jan

Oct

4*8

2% Jan
9%. Jun

*

27%-'

9*4

10%

Apr

1%

25

6*4

8%

•

25

7*4

-—%o

'

E.

_

2ti
Eastern

States

Corp:

__1'

.

«

•

Camden Fire Insurance

Oct

5%

--

.

•.

Durham Hosiery class B common

A

4%

3%

:

Oil vtc

Dunmp Rubber Co Ltd—
American
dep rets ord

lflc

800

4

5
...

Crystal Dairies Inc

Davenport

Duraloy
C Be C Television Corp

;r-

3% :< 43 4

—

D
Daitch

Diners'

«t

r*p

Company common

Brown F&rman Distillers

4%

37%

3*4 July

1*4

*:

'

-

8%
Amer

Co

common

Manufacturing

Detroit

British

Oil

Sugar common

Jan

32% Feb

25%
37

37

l. >i>oo

Oct

10

22*«

^

50c

Sep

11% July
2% Feb

Oct

3%

8 "-

-3%

—

2.50

Tobacco

15%

Oct

6%

2%

,

4*4

■1'%

—

:

•

preferred
American
Atlantic

94

86

7%

9ya

2*4

4% Mar

Oct

34*4 Mar

Oct

6%

$1.12
Cuban

7

Oct

1%

1%

Aug

%

•
25e

Cuban

5%

Oct

300

1%

Oct

5*8

9%

partic

Cuban

16

4%

•
„•

"A"

% May

16

Sep
6% Mar

common—

British American OH Co

Internat'l

Cork

6

7%

500

vm*.

6%

5

Drug Co common

10

2*4

350

Sr.

2*4

%

:

Crystal Oil Be Land Co common.:

600

5

——

(Md)

Crown

900

•

Co_

Petroleum

Cent

Crown

300 \
1,500

89

4,700

3 *2

'6

.

:

Feb

25

Apr

*•

.5

.

Jun

2,400

Jan

5

5*2

.

Jun

8%

•

Gas

*

common

5%

800

27

31

Oct

6

receipts (ord reg)—£1

14%

6%

Breeze Corp

Manufacturing Co

Ltd—

American dep

Creole Petroleum

Oct

6

Brazilian Traction Light Ac Pwr ord
—

Courtaulds

Jan

7%

1%
6%

common..

25%
89

20o

,

Jan

18*4 May

3% Mar

4*4

Oct

2*4

8%

E%

■

1434

i'

■

■

3*2

2%

:

Oct

5,100
9,700

16*8
:•

.,7*4

8*4

4%

5

Jan
Jun

1.50

Corp

5%

4*4

%

preferred class A__
Beverage

12%

1

The

6%

$1
Cott

Apr

7

1*4

J

1,800

5

Aug

9%

5

1,900

8*4

24

600

Oct

5c
„

common

*4

I

—

Cornucopia Gold Mines
Coro Inc

13%

4%

21*4 May

1,300

73%

15

Crown

1,100

July

69

*

Jan

15%

37

22

6*4

8%

15%

Oct

6%

;

Jan

15%

14%

Oct

4

200

3,600

4*4

Oct

"

7%

prior cumulative preferred-100

Gear' Works

Oct

3% Sep

2,400

Oct

9*a

9*4 %

26

non-voting

Jun

1*4

1,300

Sep

10c

7%

j
•

B

Jun

10 y8

48,000

2

10*8

4

Oct

%

4

Engineering
1
Corp
1
I
10c

—

Aug
5y8 Mar

7*8 Mar

6*4

1% -v

1

3,900

4%

100

5*4

,

1

6%

100

8%

2 *2

1

Ltd—

46%

Oct

46

50

4*4

14%

10

Crowell-Collier Publishing Co.

9*4

July

5,800

3%

Crowley Milner & Co

40*4

21

2,200

19%

Jan

6%

Mar

12,400

1*4

2%

8

Feb

12

{'e

-i_

Oct

37%

86

Oct

46

16%

•

Oct

6%

73

Oct

8

6"8

23%

%

9*4

Aug

72

300

16*8

13%

40

63

50

9

63

7

10*2

1,000

4%

common

Class

A

Feb

40

73
-

5*4

<

Co

Jan

6*4

8*4
25%"

11,200

x3

5%

Jan

2'8

1.1

3%

Oct

Jan

-

ir,

12%

1%

13%

3*0

44

12%

€% July

7

13%

class"

Borne Chemical Company Inc
Bourjols Inc

Brlllo

4%

800

8*4

|

Be Co common

Cj

Bridgeport

101,600

6

7

Feb

%

.

%

i

""

common

(8)

Foote

200

5%

l

common

Black Starr Be Gorham
Blauner's common

Brad

4*8

15

*4

6%

14%

"~~25o

Shoe Corp
1
Bell Telephone of Canada
common—28
Belock Instrument Corp
boo

July

5%

..—7 50

Ties

1%

4%

4%

j,

I

6*4 Mar
4

2A

59,400

4

25

.

1.25

Inc

Distillery
voting

(H)

Class

Corroon & Reynolds

4%

•

(A S)

5*4%

Jan

3*4 July

1%

x3%

Beau-Brummell

(H

16%

14%

2%

Bearings Inc

Bonack

17

13%

Power~Ltd

class A

Blumenthal

Mar

Sep

2%

Jan

3*4 Aug

Barry Controls Inc class B
Basic Incorporated
Bayvlew Oil Corp_

Blckford's

7}{j Oct

14*4

jftrt

,

Barcelona Tr Light Be
Steel Corp

Benrus

13

.Is

Corp

Barium

Beck

100

-1

common.

.

conv

13*4

21%

Andes—

American shares
Banff oil Ltd

6%

13%

.1

67,500

Jan

10,000

Oct

21%

Inc

Paint Be Varnish

Cooper-JarrCtt

913

8*4

Oct

69

"

,

Inc

19*8

713

Oct

7%

1*4

69

•

Oil

Lines

32%

Bailey & Selburn OH Be Gas9 i'o

4%

22%

'

Cook

-1

Jan

15,500

'

50

]Q

10c

Continental Materials Corp

Class A

Jan

23*4

.

11,500

9*8

50c

Inc

Royalty
Air

31

.

6*4

Oct

8%

1

—20c

Corp

19

3%

Oct-

14%

4%

1

-

Corp__

Mining Be Smelt Ltd

Retail

5% Jun

Jan

3 %

3.800

8%

46

1

Inc

Petroleum

Continental

106% Feb

,5,200

—

10

1965

Diesel

Consol

7%

Automatic Voting Machine
Ayahlre Collieries Corp common

OctMar

18*2 Mar

^30s
*

Service

Containers

Cuban

Jan

4%

preferred.

non-cum

ext -to

Vtc

Connelly

Jan

2%

2*4

Inc

26%

Oct

9

8%

Products

100%

.

May

2%

8

1

/

Oct

2%

06,700

' 40

Jan

,

22 %

1*4

72

•

Co..

Jun

6

9

7,700

3%

9*4
4%

10 pesos

Inc

Steel

Public

--

;

5*4

■

63

«10C-

Inc

1*b

46% July

Oct

3

Corp

29

Compo Shoe Machinery—•

Consol

Corp option warrants
Plywood Corp

Atlas

Hotel

Feb

Mining Be

Development
Atlas

Feb

7*4

V

vtc

Oils

103%

Oct
Jan

1

1,000

1

1

1

9

: 31*4

22%

1%
■

-■

Co

Equipment Co
Development
ordinary..

Community
170

Aug

20,200

3 *«

Cockshutt Farm

95

92%

4*4

Clayton & Lambert Manufacturing—4
Clopay Corporation
^

Commodore

Associated Tel & TelClass A participating

Sep

7%

5

4%

5

Hosiery Co

3

July

5%

1
1

Co...

Corporation

Aluminum

„

15%

5

1

Co

Manuiacturlng

Claussner

.

-

"3 %" *'.',

15*4

10c

Controller

Sep

1*8

2%

Oct

30

26%

1,900

1

100%"

15%

1

Chromalloy Corp
Clarostat

35

3*4

,

•-

.4
1

.

Mining—

Corn

9,100

1%

Associated

Oct

,200
1,400

■■

4*2
-

5
10

-j.

Machine

Be

OH

1%
1%

1,900

211 July
3,"c Mar

__

1

Consolidated

Chief

Christiana

7*s Sep

"2

~1%

*7

Oct

;

,

8%

..

100%

100%

10

common

Cherry-Burrell common
Chesebrough-Ponds Inc

Club

'

-•

la

Apr

12%

American dep rets reg
Food Stores Inc
1
Associate Laundries of America——1
Gas Co

101'

"*3%

1

Associated

Oil Be

41% Aug

89% Aug

3%

2.60

Associate Electric

Oct

20

Feb

101

Aug

30%

28,600

24

20%

85

12,900

.10S

warrants

~

Artists

23*4

90

30%

Oct

l»l8
1/tf

..,53,700

1'ic
28

„

33%

2.50

America

of

Co

Corp

Clark

Armstrong Rubber Co class A.
Aro Equipment
Corp
'

110

90

33*4

Jan

4% July

4 *8 Mar

Light—

preferred
Be

4%

4%

—

300

10*8

Oct

5

24,000

6

5

Jan
Jan

5*4

'Hi

r

100
100
10
—2
10

Century Electric £p common—,—,
Century Investors Inc___
Convertible preference.

Aug

Anglo-Lautaro Nitrate Corp—
snares-.

3%

4,100

.46,000

7*4

•

.

Charter Oil Co Ltd

A

27*4 May

Co—

Feb

A Oct
12%

6,900

Jan

$1.50 series

Oct

17

15,100

Vir
J 2%

3*4

4.76

3%
17

Oct

.

& July

4*4 May

-

Oct

■22,700

3

Oct

1

1*8..

li'c

■

-

.1
1
1

*

Corp

Power

Maine

-

1

Ltd

Secur

preference

Central

.

-1
•

Be Co

Ml

(A

A

Catalin Corp of America

31

7%

17

22*4 May

Oct

1%

1 u;

28

10

34% May

19,500

8*4

•

common

37% Aug
11% May

23%

2

Exploration Ltd.

Amer

10%

29%

1%

10%

Jan

.17%

574

5*8

5%
1A

,—2s 6d

Co common™

Oct

26*4

1,900

26%
33%

29%

20o

Ltd

(J W)

Products

Jan

8%

6

Carter
Casco

pfd

dep rets B ord

American

5%

30,400

Jan

Oct

15b

4

26,600

18%
■;

■

1%

-

5.50

common

Castle

24%

8
1

Products

Post

21*4 July
30% Jan

Feb

22% Oct

2

Photocopy Equip Co
Seal-Kap common
American Thread 5% preferred
American Writing Paper common
AMI Incorporated
Amurex Oil Company class A
American

Anacon

"■6%

en 2uly

Carreras Ltd—

1

American

Anchor

Carolina Power Be Light 65

Co

32%

pfd—26

6%

class

78% July

1% May
76% Jan

xll

10,000

22%

Meter

Jan

29*4 Aug

Oct

i,s

,.-5,200

'.'.2*4,

k

17%

1
;

1%

2%
18

-

8
1

vtc

if; Oct

67% Oct
14*4

23*4

1*4"

l*fr

-

1
1

vtc

Ltd

Producers

Carnation

1,400

1

46,200
20,500

Jan

Feb

4

19*2

10c

Capital City Products common
Carey Baxter Be Kennedy Inc

14% May

50

i*

1

American

Oil

Canso

11%

Jan

Jan

Canal-Randolph
COrp
Canso Natural Gas Ltd

9%

American Laundry Machine
20
American Manufacturing Co com
36
American Maracalbo Co
——1

Inc

Jan

5*4

2.:

'

4%

1

Williston

Canadian

67.300

5%

Ltd partic pfd—10
Minerals
6c

Petrofina

6*4 Oct

350

7

100

American
American

Oct

fi*

4] J

•

Canadian Marconi

1,900

pfd—.19
1

High.
31

28

i

Dock Co Ltd

Homestead Oils Ltd

Canadian

7%

(R I) —.—1

American

4*4 Mar

Atlantic Oil Co Ltd

30%

6%

Jan. 1,

Oct

20*8

600

20

Canadian Dredge Be

7*4

*

Aluminum Industries common

Canadian

29%

77

Ran^je Since
Low

High.

20*4 X22%

common

Petroleums Ltd vtc_J

Southern

Canada

May

Ltd

Co

~2%

~7%

Shares

•

preference

30

10

Aluminum

Cement

Jan

4%
15

Ltd

Co

~2%

America—

of

Co

cumulative preferred
Goods Manufacturing

$3.76

"2%

Jan

6*454

Sep

6%

Oct

Canada

Feb

6

Oct

1%

59,000

1%

.10

Pictures

convertible

6*4%
Allied

Oct

13%

2*4

2

-1

Allied Artists

for Week

Low

Par

Jan

28%

Oct

2%

400

3%

Allegheny Corp warrants
Allegheny Airlines Inc

19*4

200

2%

.10*

Co—

Range
of Prices

Last

Sale Frice

Low

High

Canada

klgemene Kunstzijde N V—
Amer dep rets Amer shares—

/

Sales

Week's

Friday

^QCKg

American Stock Exchange

Range Since Jan. 1
High.

Shares '

of Prices

Low

Par

WEEK ENDED

for Week

Range

Last

STOCKS

FOR

RANGE

Sales

Week's

Friday

Jan

$7 preferred series A—.
$6 preferred series B

—

-c

m

:
317s
13

■

30

13

-

30

12

1,78

Oct
Oct

54*4 May
'31%

138% 139

50

138%

Oct

180

126% 127%"

oil

126%

Oct

162%

Jan

July
Jan

1

Volume

Number 5685

186

.

.

The Commercial and Financial Chronicle

.

(1871)

AMERICAN STOCK EXCHANGE
Friday
STOCKS

Week's

Last

| American Stock Exchange

Range
of Prices

Sale Price

Par

Eastern
$2

beneficial

of

shares

int

preferred

Edo

Mines

Electric Bond
Electronic

Emery

common

of

Corp
Inc

Millwork

Equity Corp
.$2
6'//.
Ero

1,000

8

Feb

127b Aug

6%

2,300

5%

Oct

127a

2

20c

pfd

Apr

Ironrite Inc.

1%

2 %

13,800

1%

Oct

37a

Jan

11%; 12%

6,400

11 %

Oct

17

87%

Oct

102

—1
Israel-American Oil Corp
10c
Isnael-Mediterranean Petrol Corp Inc.lc

16%

Oct

13,900

%

Oct

257a

44,800

22 %

Oct

13

700

12%

11%

100

~8

1

Corp

10c

common—

"7!'4

2%

1

34

1

6

8

2%

90'j

2%

Manufacturing

j.

6

97 k

6%
67k

Co

Inc

Eureka

Corporation

Eureka

Pipe Line

Factor

(Max)

Ltd.:

$1

25c

or

10

commou

12

11.-

60

Oct

42%

Oct

10%
14

Faircliild

class

Co

*11
11

rw

Oct

1674

Camera & Instrument

Faraday

Uranium

Fire

Association

Firth

Corp

(Phila)

(M H)

18,700

4,!:r

61.7
5%

Canada Corp
Flying Tiger Line Inc..

307k

^pr
Jan

l

"

6-4.

47a

Oct

307a

Oct

45

7%

Jun

300

97k

Oct

10,100

8%

Oct

14,800

57b

Oct

Motor of Canada—

Class

A

Class
Ford

non-voting

B

•

Pitt

Industries

82

£1

reg

11

79%

84 74

82 W

.

83

3,800
/

75

Cct

Klein

(Geo

Co

A)

4

Sep

117% May

Knox

120

•) .1 r>

y

14,800

4

Jan

4!k

2,000

4%

Oct

77k

174

800

1%

Sep

27k

6%

6%

4,400

157k

574
15*8

15%

1.600

3-

5%

5-|7t July

Oct

-15

97k

Feb

Mines

Gatineau
5%

Power

;

Co

100
1

General

Acceptance Corp
Alloys Co

General

Builders

5%-

warrants

.

6,100

28%

1,700

7k

27%

4

4

1'4

1%

-

17b

——:

-

..

13

-

-

27k

Oct

Plywood

200

4

Mar

Oct

General

Transistor

(A

Gilchrist

C)

,

_—25c

13

Lear

Lecourt

Leonard

Oct

16

Jan

Refineries I110
Le Tourneau (R G)
Inc—
Liberal Petroleums Ltd—

Jan

Liberty Fabrics of N Y

•

Union

Wernicke

(Adolf)

May

19

Jan

Jan

177k

Oct

174

7,700

174

Jan

174

Sep

Locke Steel Chain

197k

6,900

Aug

Lodge & Shipley

>

6 7k

89 %

Iuc

30

9974 May

Longines-Wittnauer

85

Jun

97%

Jan

Louisiana

37k July
6% Oct

6%

Jan

Lunkenheimer

2,600

Oct

107k July
137k Jan

Oct

100

4,100

107u

..

10%

117k

8,100

9%

Sen-'

9 7k

2,200

9'

Oct

1774

17%

17r,u

19

177 k

1974

'274

"17%

6 71

16%

Jan

Oct

28%

Seal Dairy

Goldfield

Products class A
Consolidated Mines

Goodman

Manufacturing

Gorhara

Manufacturing

10c

-

11
10

'0

1,000

2

2,100
1

6%

Jun

%

Oct

'

3074 Aug
28C% May

Mar

18

1

17%

19

2.900

17 %

22

23%

1,400

22

Oct

Manufacturing

Great

Great

Co

Industries

Amer

Atlantic

5

Pacific

&

10c

Inc

6 7k

67ii

500

67k

Oct

974

Jan

6%

£ 7ii.

6

7k

6,000

57k

Oct

11%

Jan

I7k

2 %

12,700

17k

Oct

149 %

Feb

202

7'^

Sot)

123

Oct

132

Feb

1/256

Oct

774

1
pas Corp—

Natural
i-

Great Lakes

166

175% 187

123

123

1,725

124%

900

1/256. 1/64
1%
1%

37k May

48,900

"

—-1

"4 1%

50c

6%

-9c

Oil &; Chemical Co

4%

40,800

32

Hydraulics.

Gridoil

Freehold

Griesedieck

Leases

i.

Company—...

'

Gulf States

Land

3,600

7

3 i!t

4%

1% Oct

1

3

Oct

Oct

10

18

Oct

19% May
47e May

3%

2%

18,500

72

Plywood Corp

51%-

5174

2%:

2

1
-10c
10c

.

*

Corp

Henry Holt. & Co common
Products

10c

t-—,—5
(-l
1

-4

Inc.-

33%

5,700
11,000

86

70

HormeF(Geo A)

20

3,100

3,600

2%

Oct

1,600

107k

Jun

2,400

17k

Oct

18

-

Oct

2%

2%

Oct

47k May

500

26 74

Feb

34% May

12

Jan

243/i May

11

/Jan

24V2 May

30

1634

19.600

4

49'k

25

267k

Hydro-Electric Securities

•

2774

1,000

Products

300

4l34

57

4,400

37 k

5

43

54!4

55%

5

28,600

-

8%

9%

1,300

6 Vk

97a

27,700

137b

•

2.50

Hydrometals Inc.-

Oct

1674

Feb

May

49%

16%

3.700

Oct

J23% F?b
U4

5

5

18

Sep
19% Aug

V

ki'v

not

60%

Vfo

ift?F

5

Tnn

!

Oct

not

59% May

5^7

%f
S f

GGc,/ dUn

av

JAu„y

no-2

o

n

Oct

\a 4 Jan
^P

24

imperial Tobacco

of

Canada

5

4

in

5%

21,809

367,

41

15.409

82

82

150

5

Industrial

Hardware

Mfg

pfd

Insurance: Co

of North

International

see

America

page




100
.1

Breweries Inc

For footnotes

41,7

14%

50c

Co

13"

l-»4

5

84%

1

37.

Oct

107k Aug

Imperial Tob of Gt Brit & Ireland__£l

Indianapolis Pwr & Light 4%
Industrial Enterprises Inc

4b] Oct
36%

97 a

83

9 !k

14%

1,300

2%

2.700

87

9%

2,750

4,700

78 %
13

174
83

8%

Jun

Aug
Oct

Oct

6,\fJuly
63

May

127k

Apr

6%

Feb

94 % Mar
28% May

27k

Sep

Oct

1097k July

Feb

11 % July

Jan

Oct

Jan

1,'k Oet

July

:77k Oct

64,800

97k

274

38,200
400

27 k
«£

—+:

'

1774 May
37k Jun

2% Feb
94

'

Aug

987k

Feb

17

19

1,900

17

Oct

2474 Mar

237k

21%

24%

4,700

2VU

Oct

10 Vk

10

1074

2,800

10

Oct

377k May
18% Jan

107i

10%

11

700

10 V*

Oct

14!k

12%

1374

800

12%

Oct

217k May

"27k

2%

27 a

2,700

2%

Oct

47k May

2%

2%

Oct

Feb

'"

1,800

Apr

1%

Oct

274 Jan

274

Oct

77 b May

7k

4,100
3,500

10 %

Jan

10O

12

Oct
Jari

13%

12%

147k

Apr

300

17%

Oct

2474 May

4

4

10%

% Aug

400

1,\, May

4%

Oct

4

Oct

200

10%

Feb

'1274 Jan

3,500

27k

Oct

47k May

10O

5%

Oct

87a

700

x47/a

Oct

574 Aug

Oct

2174 May

10%

27k

3

5%

5%

5%

5%

x47k

5%

27 k

6%

4,400
19,700

Jan

16
4

Jan

5%

Oct

77a July

127k

127k

13%

1,300

1274

157k Mar

25%

25

27

1,400

25

Sep
Oct

1
10

16

974

874

10

.

874
5%

974 Oct

15

.874 .Oct

107k May

17,500
900

xl

5,000

35

35

Aug
% July

5

274
137«

"l!4

Jan

July

200

1174

5

297a

Jun

.100

..

.

ay*

5%
1274

87k

Jan

Feb

Oct

18

Jun

35

10

...

874

,6

1174

.Oct

55

Feb

7k

1/iv

25,700

7k

Oct

2 IS

Apr

27k

3%

800

27a

Oct/

5

Jan

6

3

6

450

x6

Sep

674 Jan

*

50

Jun

50

Jun

70

Jan

103

July

14

Oct

20

Apr

1

% Mar

30c

14%

14

400

17k May

%

1%

4,300

15%

157k

200

3774

367k

397k

19,100

367k Oct

607a

28

25%

29

450

25% Oct

40

1

1
1

5
£1
J
1
5

50c

x

common

1

%

87 k

97 k

15%

Oct

20

Sep
Jan

July

8%

Oct

127k July

77k

Jan

8

3,400

9%

8%

§rjg

„_-4
2.50
100

cumulative preferred
Vernon Mills Inc..
States Tel & Tel

Mountain
>

Muntz

TV

Murphy

Inc

Corporation—

Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee
MUter

Co

}
———1
—-®

common^-2.50
10
common
50c

common

Company

107k

Oct

12
Apr
167k July

1,700
2,575

7k

74

400

57 k

4,100

15%

1574

800

9
8

97k

"5%

5

13 !k

13

14

12%

12%

13%

Namm-Eoeser's Inc
National Alfalfa Dehydrating &
Millihg Co
National Bellas Hess common
National Brewing Co (Mich)
National Casket Compahy
National Electric Weld Machines
Mfg & Stores common
Petroleum Ltd
Presto

Industries Inc

National Research
National

Corp

Rubber Machinery

Products common
Ltd
National Telefilm Associates
National

Starch

National

Steel

Car

National

Transit commonUnion Electric Corp

Neptune

Meter

National

Nestle

Le

Mur

common
Co common

10 Vk July

Oct

17% Jun

13

Oct

47k

6

5%

9%

6%

357k July

127k Oct

157k

Jan

Jan

4,7,

Apr

574

800

Oct

Oct

107k

Oct

13,74

13%

Oct

15

Jan

2174

14,900

18%

Oct

4474

Jan

1,700
6,200

3074

Jan

437k Aug

33%

Jan

5.7

Jun

8

Apr

3474

32%

35

44%

43%
4

447-1
4%

9

27

5,300

4

Oct

9%

1,500

9

Oct

7k
10

74

600

7k

Oct

77k
24%

10%

76,300

77a

Oct

29%

Oct

24

8,500

19

177k

19

1,500

177k Oct

157k

13

177 k

8,800

13

Oct

-.Oct

13%
187»

Jan

5774

Jan

25% July
2974 July
5

Mar

117a

Apr

4%

.4%

200

4

6%
1%

6! a

100

6% .Oct

17 k

4,300

1 %

87k

87k

874

2,300

87k Oct

10 7 k May

10 74

1,200

9

Oct

177k

Oct

117k July

10%

!)

Oct

77k

2

9%

22,500

10

1174

225

10

Oct

14

27%

350

25

Oct

2974

774
2274

2,500

7

Feb

9

Feb

4%

474

1,200

107k

200

77k

7%

21%
474

21%

1
25c
2

1
10
1
-*
10c
1
30c

5
1

18%

2,000

4% Oct
Oct

31

12%
li

1

15%
4%

13

1

3%

.

47k

93

93

41%

225

27a

100

12%

14%

1,050

137k

1% May
33% July

Oct

Oct

90%

Apr

82

27k

Mar

Oct

3%

110

3974

Apr

2174 Jan

Oct

79

20

148

35
104

Oct

13

1,600

146

Sep
Sep

Sep
5% May

14'

18,900
37,300

120

80

79

Oct
Jun

"

Feb

12%

2,000

13
17

10%
96

13

Jan

Jan

24

10%

8%

-

Oct

139

Aug

3974 Oct
27k Aug
374 May

13% Oct
-

47k

Oct
Jan

90
96

89

Apr

Sep

7k May

15974
44

274

Apr
Jan

Feb

374 May
19

Jan

Oct

1307k

Jun

%

%

f,f

1,900

%

Oct

17a

Jan

25%

23%

25%

2,100

22 Vk

Jan

39% July

2174

23%

800

2174

Sep

31% Apr

109 %

3

2,550

111

106

6%

20%

67b

1,000

20 %

21

1,600

2%

3

1,700

106

67k
17

Oct

10%

Jan

Oct

3574

Apr

2% Feb

37k May

Jun

14%

Jari

3

Feb

47k

Apr

8,600

6!k

Oct

117k

Jan

3%

13,900

27k

Oct

474

Jan

1%

500

1% Oct

27a

Jan

XlG% Xl6%

200

200

14

3

3 %

7%

0%

8

3!k

27 k

1%

1

1
1
—5
1

Jan

1,V Sep

1 %

6" %

10
5

Jan

9%

700

.18%

4%

8 74

2,200

10

13%
20

1,77a May

317k Aug

—

2,800

4

97k

17k May

Feb

15

'

N

Nachman Corp

National

.

7 b -.Oct

•

1,100
■'

-100
100
100

cumulative preferred

National

39%

27k

'

25

National
—

Amer dep rets ord reg
£1
Imperial Oil (Canada) capital stock—*

600

14
JuW

I
Industries

1%

500

50c

Co

Jan

4174

•

8%

Oct

10,700
3,900

--8

Mount

Jan

24

Abrasive

20

49'k
27

100
.

3!Ik Jun

7k

500

•

7k

cum preferred series B
preferred series C_.—
Montgomery Ward & Co class A
*
Moody Investors participation pfd—*
Clemens Metai Products
1

3774 Jun

43,700

116'k 116%

;

y,

*$-

9,700

1%
2%

13

46,600

preferred—*

4.80%

Sep

20! 4

2:>

1 «i

4%

1
common—-—1

conv

4 50%

5% Jan
127k

2%

17

Baking Co—

,

1

'

7k

Jan

Mar

674

preferred
~50
Mining Corp of Canada
—
Minnesota Pwr & Light 5% pfd—-100
Missouri Public Service common—1
Molybdenite Corp (Can) Ltd
1
Molybdenum Corp of America
1

4.40%

674 May

Oct

*

174

3

16%

Warrants
————>—
Monongahela Power Co—

287k July

1,300

Refining

July

10% May

25,100

Manufacturing Co

25

Feb

16 %

&

Feb

Oct

21%

&

1274

,

Sep

4%

12%

Hurd

Feb

70

7 %

19!

Humble Oil

July

94

15%

16%

common

27

Jan

500

21%

•

Oct

'

Oct

/2

80,

5,509

2

U Oct

convertible

4i/2%

Jan

5,500

10

Horn & Hardait common.
5%-. preferred

20%

9%

47a

274

20,800

47 k

Wohl

Miller

44% May

Oct,

7%
10:,4

& Co

574

21 !a

17a

,_5

29% Aug

a

47 k

——•
15

Horn .& HaEdart

Chemical

400

2%

,

Inc

22

-____—*

,

——

Imperial

Jan

107k

;

Class: B4
Hoover Ball & Bearing Co

Food

5

1%

27uj

class A-—

Hygrade

Oct

1(5%

17k

5%

Midwest Piping Co

3% Mar

Feb

7!»

16%

Lock

2

10%

•

Holly stores Inc.,
:
Holophane Co common—

(Harvey)

8,600

«

'19%

77 v
2%

60c
——1
:
—•

Hubbell

27a

2972

4%
20

:

Inc

Jan

25c

.

Corporation

Border's

Jan

2%

G2

Hollinger Consol Gold Mines

Oil Co Ltd

3% Aug
4%

80

Holly

Home

p"

7k

Corp $1

Mid-West

Oct

is

Oil

Midland

59% Aug

Oct

a

■};}

14% May

47o

30

Oct

2

1

67

Jan

ir.
10

71

574

-j-

Co common

51%
2

31%

32

5%

18

Merrill Petroleums Ltd
1
1
Metal & Thermit Corp—
5
Michigan Chemical Corp— —
1
Michigan Plating & Stamping Co—-1
Michigan Steel Tube
—2.50

150

4,500

2%

-

4,600

Midland Steel Products—
n non cuin dividend shares

500

:■

774

17%

J
J

43 % July

400

27a

1—2.50

__a.

Hofmann: Industries

Co

Cct

5,800

2'

-_1

Inc

<R) Ac Co Inc common
A_.

2%

_1D0
100

.

Hevi-Duty Electric Co
Higbie Mfg Co common

&

25%

1%

5%

pfd...,

5ep

574

11

& Co common—j

1,900

27a

6%

& Co 57k %

a

8% July

Feb

1

common—__^_4—*

Rubeustein

23

3!4

3,100
,

5134
r

9,000

7

U

1
•

6%. preferred—

Aug

29

.

(A G)
Johnson

Michigan Sugar

Apr

374

2?8

21%

preferred
Hercules Gallon

274
27«.

29

,

11%

25d

Mining Co..

Class

25%

—1

Hazel Bishop Inc.—-—4

Hoe

11s!*
28%

674

11

10
:_25

j.

Mfg Oo—

(W E)

Aug

Mead

Middle States Petroleum

574

—1

,

Hathaway Bakeries Inc..4
Havana Lithographing Co

Heller

86

Apr

6%

12%

—7

Aircraft Corp

Microtnatjc Hone Corp.,

Harvard Investors Inc.—

Helena

"

' Jan

105

Oct

29

2

Harnfschfeger Corp.
Hartford Electric .-Light—

Ilecla

Oct

75

-

Hazelttne

'

Jail

14%

Oct

10%

Mesabi Iron Co——

Jan

;

h
Lamp- Co—

Hastings

2%

12% May

Industries—

&

i——1
$4.50
preferred
1_
1—
•
Gypsum-Lime <fc Alabastine—■
—•

Harbor

1174 July

400

18!

Oct

4%

7k

Mfg Co
•--Merchants Refrigerating Co-———1
Merrill Island Mining Corp Ltd—I

3!4 July

Feb

9%
18

Common- ——i——;

Hall

6

Apr

87k

500

1074

10c

Menasco

Oct

35,500

-1

Products' common
5
Films Company Inc
i-—-10c

Grocery: Stores
Guild

67 k

79

3,100

47a

174

50o

Tuc common

(J W)

McKee

"

Greer

10

974

——1

Mansfield Tire & Rubber Co
Marconi International Marine
Communication Co Ltd.-Massey-Harris-Ferguson Ltd—
Maule Industries Inc
McDonnell

t

—_—

74

87k

4%

4

—2.50
—————2

Map* Oil Corporation

Mays

-•
100

J

1st preferred——_

Rights

■

Tea—

Non-voting common stock
Great Lakes

Anr

2

-

Gray

Jun

iy

74

9%
474

1 %

Co—

Maine Public Service Co
Mangel Stores common
Manlschewltz (The B) Co

37k July
7%

Oct

227 k

4

common

Grand Rapids Varnish

1

i<{

16%

Co

*.

*)

1

(The)

Macfadden Publications Inc
Mack Truck Inc warrants
Mages Sporting Goods

Jan "

22,900

■

Gold

July

74

Jan

n/f

2074 Mar

177k

May

1

Jan

1,400

Co

Exploration

&

Land

Co

Watch

Lynch Corp

11% July

1,000
-

2!k

0%

—

878
15

(The)

2134 Aue*

87«

3

12% May

—*
5

—

Feb

17 %

8%

•

\

Common

Jun

15

5
1

_

Industries.

preferred
pref

cumulative

5%

Loblaw Groceterias second

874

10,500

6 7k

l!!k

50

4'k

u

9

i

Inc.

Co

56

Oct

5%

1774

1

Globe

Jan

15%

25,100

4!

—

_—.

Gobel

39%

1,100

137a

88! k

4%

...

5

Globe

1,600

157k

8

Oct

274

—25o
—.3
—1
25c

common

43

16

89%

-

•

Glen Alden Corp
Glenmore Distillers class B

common

Realty

957k

....

Gladdhig MoBean & Co

Inc

147 b
1 7

Oct

17b

2%

—50c

Feb

Feb
Jan

774

7%

7,909

5
10
5

Co

27k

10 7k

•.

187a

1

Sessions

3

Oct

2,800

2

Lanston Industries Inc
La Salle Extension University———B

-

Oet

13

8%

17 k

1

Delaware

Oct

25

7%

2

6%

1

1%

•

Mines

&

of

Corp

40

1%

common

Co

137k

1

Corp

$4.60 preferred—
Yellowtknife Gold

Gilbert

4074

50c

Georgia Power its' preferred—,
Giant

574

774.

37k

1
75 pesos

1%

'

Oct

'

Ltd——,

Mines

1,100

574

5
1*

-

Corp common
Corporation

Stores

Shores

Lamson

Jun
Mar

6

37/o

2%
1%

33%c
1

4,100

-

£1

dep rets ord reg
Fireproofing common
General Indus Enterprises
5General

32%
105

7,200

7.50

(The) Forge Co.
Brewing Co

Lamson

/

American

General

17k July

Oct

General Elecbric Co Ltd—
General

A_:

L'Alglon Apparel Inc
L» Consolidada S A

Jan

Mar

800

1%

-

1%

...

3

4%

1
5
5
1

'

207k Julv

Oct

105

*2%

..3
-

•
com—1
25

Supply Corp
convertible preferred

277k

Vc

'•

3%

77 k

La key Foundry Corp.-.

'%

287k

•

common

preferred—.

Gellman Mfg Co common
General

Tit

1

37 k

36

r

Lake

Ltd

15

9%

Krueger

g
Galkeno

Jan

20c
-1

—

Jan

111-

67b

4
50c
pfd—100

Stores

Jan

1%

Mi

1,500

2A

Corp

class

Corp

Kropp

47 k

47 k

174

Apr

Oct

87 k

3

Dept Stores Inc
(I B) Rubber Co

Kobacker

Jan

4 7k

Company—

Hotels

Oct

S

_

(S)

Kleinert

79,4

1
-

Oil

82

1.25

,

Head Brewing Co__
Fresnillo (The) Company

Apr
Jun

22,400

774

*-

1,A

Kirby VenSyn Petroleum Co
Kirltland Minerals Corp Ltd

Mar

87b

High
20

60%

1

Klngsford Company
Kingston Products

10% July

I

Inc

Fox

Fuller

Apr
Jan

Co

X<td—
American dep rets ord

Fort

Kin-Ark

Knott

82

•

voting.

Motor

77a

Since Jan. 1

Aug

407k

3

25c
U
5
4,—-—5
2.50—10c
——1.25
1

Co.-

Kidde

167a Aug

7%

-

Kennedy's Inc..
(Walter) &

10% July

2,450

10

8 7o

8,rk'

|V Jan

3

36

2/o

,

(Del)

Kavvneer Co

3% May

57,400

87

974

'

1274 Aug
27% Aug

„

Cct

«

33

77k

v'

Apr

,397k

3

-J

K&tz Drug Company

Kawecki Chemical Co

8%

20%

8

j

Ford

Range
Low
17

|£

.

Feb

1%

1,300

.1

Florida

7%
16

137,100

4%

._2.50

Co Inc

2,500

67«

10

.

3,500

Hi

17k

5

_10c

Sterling lac

irishman

10%

20%

1%

1

General

9
17

197a

Fargo Oils Ltd:
Financial

9% -

1

1

Ltd

Mines

i

—1

A

'

High

—15o

Kaiser Industries Corp
Kaltman (D) & Company
Kansas Gas & Electric ,4%%

Au y

111

-

rw

,

Jeannette Glass Co common
Jupiter Oils Ltd.

Jan

Jun

May

i!''6 ^ain

1/

.

*

^

f
&

Shares

*

Jan

Oct

V'4

800

67,000

Feb

—1

12 % Mar

4

—

Chute

Irving Air

July

9%

500
;

7k

•

Jan

6

500

67a
7

„%'

Sep

33%

7,30')

Apr

jtj

International Products—

32% July
17% Feb

2% Oct

;

650

7

S7k

9%

Oct

7

27,500

3474

•

'a

1

preferred

in
1

1st

cum

Esquire

11%

5%

1,200
%

12%

12%

1

convertible preferred
Forge <& Steel Corp com,...

Erie

10%
6%

7

22%

25

5c

Freight Corp
Empire District Electric 5%

30% Jan
25% July

Sep

%

-1

,

for Week

Low

Far
Cigar Machinery
—•
International Petrdleura capital stock-,*

—5
International Resistance CO—,
10c
Intex Oil Company
337kc
Investors Royalty——
—1
Iowa Public Service Co 3.90% pfd—100
i^An Fireman Manufacturing vtc
•

6%

1

-

Inc

America__

Sale Price

High

23%

5

common

Air

Empire

Low

16% July

f.

Communications

ES-Tronics

High

Sales

Range

Last

STOCKS

American Stock Exchange
International

_1

Share

&

Electrographic Corp
Electronics

Low

Week's
of Prices

Friday

OCTOBER 25

v

30

Limited

WEEK ENDED

FOR

Range Since Jan. 1

I

Corporation class A

Elder

RANGE

Shares

Associ§ttes-^

Sugar

Common

Sales
for Week

200

1,600

13

14

117k

117k

100

13 %

xl6%
13

Jan

Oct

21

Oct

2374 Jan

10% Aug

13%

Jan

574 Mar

2

2

7.r

58,200

2

Oct

9%

2%

9%

1,800

974

Jun
Oct

267a May

Oct

327k

14%

12%

15%

3,700

1274

14%

13%

15

2.70O

1374

25%

26

~57k

"67k

10%

Feb

Jan

67k
4

374

4

1%

1%

1%'

237k
8

21

.

77k

23%
8

1,500
15,600
1,200
8,200
2,iho

2,200

Mar

3474 July

25 Vk

26

Aug

307k

Jun

5%

Oct

9%

Jan

374

Oct

57k Mar

1

Sep

21

Oct

22

4% Mar

35

The Commercial and Financial Chronicle

(1C72)

06

■

i

11

i

i

i

.

.

.

Monday, October 28, 1957 i

n

|

AMERICAN STOCK EXCHANGE
Friday
Sale l'rice

American Stock Exchange

of Prices

New

Zinc
—
Ac Arizona Land
Coal Ac Oils Ltd

Jersey

New

Mexico

New

Pacific

New

Park

Co_

Oct

17i

Oct

Va

1,100

%

Oct

44,900

%

Oct

11,000

21%

Oct

7,500

6%

Oct

41,000

Oct

18,800

74
74

Ja"

94

Oct

67a

8 V»

7i

1ft

7b

13

23 7

a

Oct

1%

2,000

87(4
Va

12

12%

200

12(4

Oct

47

50

225

4574

Oct

14%

14%

50

*1%

•
10
New York Merchandise———10
Nickel Rim Mines Ltd
1

7b

.

"l%

lft

lft

—1

l'b

lft

1 %

2,700

—1
50o
Noreen-Ketay Corp—————10o

47«

4%

47.»

4,600

4(4 Oct

37 4

3%

37«

6,900

3

67a

5%

6%

18,800

Mines

Nipissing

Inc—

Lites

Noma

Corporation——.

Norbute

7%

Northeast Airlines-

3

——.—.1

—

■■

Uranium Mines Ltd

7(4

2,000

3

ft

37b

16,000

57a

18,306

ft"

*4

20

79

78%
ft

Class A—

/a

>

Feb
Jan
Aug

Oct

Scullin

Jan

Steel

Co

Sentry

Jan

42% May

4

47»

Apr

8 ,4

3

Oct

6

2

Bros
Corp

shattuck

Jun
July

jvjew

Mining

Water

shawinigau

Oct

91 2 Jan
9% Mar

Sherwin-Williams

IS Oct

7(4 Mar

78

Aug

3%

4%

35,400

3%

ib

27a

48,200

1

<■

1%

1%

2

4,000

1%

Feb

3

1%

1(4

1%

3,800

74

Jan

2

,4

"

10c

5
•

—:

& Power

•

Company———1

Oil

Oceanic

Ogden

Corp

21.»

1
50c

common———

preferred—L-100

Ohio Power-AVa%

Oils

Okalta

25
———-1
preferred—
7
1

common

cumulative

40c

Inc

Omar

16%

3%

Oct

59%

Oct

22,100

17a

Sep
Oct

1,17ft

56(4

Oct

1,900

174

Oct

3

Sep

9%

325

8%

531u

1,750

45%

19

14

3

Oct

14

Oct

3(4 Oct

3%

500

29

287b

29%

3,100

287'n

25-

25 %

2614

2,100

25(4 Jun

5 % '/v

preferred—
—25
preferred—
25
b'/o redeemable 1st preferred
-25
5/4 redeemable 1st pfd series A25
4.80/«) redeemable 1st preferred
25
4.50% redeemable 1st preferred—25
4.36','o redeemable 1st preferred—-25
Pacific Lighting $4.50 preferred
$4.4Q dividend cum preferred
;
-*
$4.75 dividend preferred—
*
5 '/o

1st

1st

x24%

400

23%

$4.75

dtvidend preferred
dividend preferred—

*

Northern

Pacific

Ltd_r
Pacific Power & Light $'/o pfcl_
Page-Herscy Tubes common

Paramount

Motors

Pen

Aug

800

2274

Oct

27(4 Jan \
27% Jan

22 I

600

21

Jun

26Va

Co

400

20(4 Aug
20
July

82%

120

80

80

80 'a

100

85

86 Va

150

78(4 Aug
847a Aug

85

93

100 (4

Jun

Jun

75

2%

Aug,
Oct

91
3(4

17:,a

22'/a

102,500

1674

Fell

84

Oct

114

Feb

tV.

xt

ft

43,600

1%

17«

28,300

jk%
15

X5

157a

800

14 %

2
2

15 (a

1,100

6 iu

1,600

474

Oct

Jan

2,500

46%

Peruvian Oils <fc Minerals!

900

4% Feb

46%

51

10 7 a

20%

12

10%

5

47a

1

Oct

Feb

ft

Oct

3,900

10%

Oct

3,500

47a

Oct

1,700

2

Jan

37a

'2(4

2%

Plasecki Aircraft Corp

1

4%

4 (a

5%

60 0

4%

Oct

Pierce

1

77

7%

8%

4,100

7%

Oct

1%

Inc

Mines

Ltd-.

1

81%

1,030

78

Oct

5

5%

4,100

5

Oct

67a

300

1(4

79"

50

5 %

•

Pleasant Valley Wine Co
Pneumatic Scale common

Mining

1,900

78

1

Pittsburgh Ac Lake Erie.
Pittsburgh Railways Co—

Polaris

a

1

Co

19

18

lo
1

250

1

574 Jan

200

1(4

ft Aug

18

2,700

1

Products

class

1

Porto Rico Telephone Co

Powdrqll Ac Alexander

.

Preston

East

Mines

•

Public

4(4%

1 r.
la

.

~3%
52(4

16%

17

Oil

6,800
300

Convertible

starrett

Jan

'57a

5%

6(4

23,400

12%

12 %

1,400

1

8%

1174
8%

(The)

•

8%

8

%

874

2,500

Co

Jan

(A)

Stetson

(J

(Hugo)

sterling Precision Corp

Jun

6% Apr
o7/a May

B)

Stroock

July

82

,75

80

13%

14

1,00}

13

Oct

17%

15%

16

500

15%

Oct

July

93% Feb

Talon

Jan

Inc

Class

Tampa

B

class

5

0

2,900

•

Oct

5

2874 Sep

G%

Texam

Oct

__1
10
.

\ 13%
18%

•

43 %

convertible preferred
Pump Co_
(Robert) Ac CO-

American

Field

0>

Aug

26%

Co

Fifth

.

63%

Jun

Oct

16%

Jun

16%

17(4

500

17

Oct

25(4

900

15%

Oct

24%

Apr

%

3,400

a;,

cct

%

Jan

Jan

%

%

52,600

%

Oct

1%

9%

4.400

8%

Oct

Consolidated
Ryerson Ac Haynes

5

8,500

4%

Oct

1%

1%

1%

2.300

1% May

3

3

3

800

8

9

1,300

2%

Oct

8

Oct

Apr
6% July

2%

Jun

5(2

Jan

footnotes

2%

77
1%

2%
75

1%

2%

6,100

77%

180

1%

1,200

£1
4%

6

5%

4

5%

1

26%

4,300
44,600
200

10

26
9%

26',4

1

10

2.300

14%

14%

15%

7.000

1.25

2%

1

common

2%

1

Petroleum

1
1

common
page

May

18

Sep

65

May

~•-

42

42

25

42

Oct

63% May

2%

27 b

2%

1,600

i 'i

7a

(a

26,100

ft

Oct

4% Mar
7a Jan

l'lf

7a

Y«f

28.200

7a

Sep

l(b

Jan

Apr

.7

O

2%

Oct

3:,,i

2,200

2%

Feb

37b

97b

10'a

500

97a

Oct

16%

Apr

32(4

3(4

32'4

50

28%

Jun

33%

Apr

v..

10%

3.300

1074

Jan

16 %

157a

16%

2,100

15%

Oct

21%

Jan

357a

34%

35 7

a

3,800

34%

Oct

47

Jun

3%

Jun

4

July

~0%

~6

"7

0,600

3%

Jan

-9

July

4%

7,000

2(4

Oct

774

Jail

32% July

39 (a

Feb

i 1

12%

4

2

123a

%

(4

~6

16,900

7

-4%

6

6

1,800

'

4%

Oct

6

13% Aug

Oct

8% May
12

Jail

Oct

23

Jim

Oct

40% May

Oct

".

Feb

407« May

Sep

43% May

800

20

Apr

2674

Oct

X20

May

200

21

20

55%

Jun

20

Jun

19

20%

20

45'4
22 31

38

20 %

90

500

41%

—

3!

Aug
Oct

24(4 Jan
23'4

,

.

Jan

22% Feb
7% July

11

Oct-

.8%

800

U %

11

3(4

1.000

3%

3(4

4

Jan

147b May

56. :

Oct

75%

Jun

13%

Jan

'

9

,,

1,100

59 3

9

56

4

1,300

.

174

209

1%

Jun

374

Jan

13

200

74

Oct

1%

Jan

5

1%

17o

74

5%

200

4%

Oct

7% Julv

1(4

2 %

2,500

1%

Oct

4%

Jan

1%

7%

9,900

5%

Jan

8%

Oct

23%

24%

250

21%

Sep

25%

Oct

ft %

5%

2; 109

5(4

Jan

6% July

Oct

23% July

7

10

900

17

1%

17,400

1%

1,500

49

47(4
10(4

47

33

31%

12%

12%

14%

14%

16
1 Va
47

17b

Apr
Oct

8%

Oct

36 %

1.300

31%

Oct

13 Va

3.200

12%

Oct

18

15

9,800

147a

Oct

19%

3,290

2%

Oct

6

Oct

3

£ Va

3(4

6

0

01

a

500

v

14% July
447< July

May

10

Apr

ft Mar

113

2

ft

19,500

l!f!

Oct

5

1%

174

2 %

1,600

174

Oct

5%

3%

674

3%

400

3%

3,300

53 3 4

6%
49

850

6(2

Oct

3(4

Sep

49

Oct

474

100

4%

Oct

77a

147 a

100

147b

Oct

167a

14(4

15%

1,000

13%

Mar

20

-12(4

157h

12(4

500

12%

Aug

13%

"l%

174

49,000

1

.

(2

300

16 3 4

17

30%

17

31%

1.400

1%

Apr

10% July
4
July
76%

147 a

4%

Juii

6(a May

17»
6%

Jun

v58% May

26.000

11%

8%

i

Jun

Apr

Jan

July
Feb

Oct

3%

Feb

1674

Oct

31%

Jan

28

Oct

40% May

17%

Apr

20 %

J»n

9%

Oct

14 (•>

Jan

l(a

Oct

374

Jan

107 s

11%

700

1,300
8,900

Jan

13

11

Oct

17% July
5V» July

18%
10

17»

900

11%

11

5,800

1

Corp

2%

*2%
19

3
__

2%

2,400

2%

8,400

22%

1,300

2%

3%

3,800

37.

.2%

3%

1,000




A

3%

374

3

33

4

3%

Anr

7,800

4

Inc

—5
—5

common
-

Co

7

common

1
20c
1

common

Inc

—

Oil Corporation—

Shovel

3

Oct

Feb

77b

Apr

10c

-10
25c
1

1

1

1

Trans Caribbean Airways class A

Feb

1%

Oct

Trans Cont Industries Inc.
Trans Cuba Oil Co class A
Trans Empire Oils Ltd—

12%

Jan

Oct

87a

Aug

20 Va
9

1374
274

True Temper

Jun

Feb

31

C'ct

14 Va May

Oct

24%

Jun

4%

Oct
Oct

5Va

Sep

34%

Jun

4(a

3%

474

13.800

3%

Oct

8%

Jan

274

2

3

1%

1

1,300

14(4

ft

2(4

l3b

6,800

1

(2

12,400

10
•

%

86%

Oct

3

Oct

2%

Jan

Oct

lft

Jan

Sep

Feb

99

24%

K,

2,600

22

Oct

45%

67%

22%
X01

12

Aug

Oct

6.100

"
7b

%

17

20,100

40(4

Jail

70% May

27,500

Va

Oct

1

2%

Jan

Jan

4%

63a

4%

Oct

10

1974

19 (8

20%

1.100

19 %

Oct

22

Aug

207a

20

20%

3.600

20

Oct

25

Mar

5%

2,900

Jan

1074

ll12

700

10%

Oct

15% Mar

17%

16

187a

5,500

16

Oct

23(4 July

1

ii July

6ft Feb
1 {;]
Sep

95

85

1,150

79

Feb

16374 July

5ft July

27b

100

2%
Kb

4(4

2.400

3

176

80 (2

f,0

3%

4

8%

2%

2.100

10

%

17

3%

8

Oct

55a

Julv

79

2,300

2

91 Va

Apr

Oct

27b

Aug

Oct

Jan

5% July

2,100

8(4

Oct

14%

Jun

3(4

3

3%

1,300

2

Mar

4%

Jail

1(4

1

1(4

50,400

1

Oct

37a

Jan

112

lft

2 ,V.

18,200

lft

Oct

313 May

7
32

10.800

%

Oct

37o

Jail

57b Mar

Jan

20% May

Oct

23% Aug

10

%

16%

2.100

43a

3%

12%

a

115,300

16%

2.000

29%

110

13 7

11

16

29%

11
16

297a

Aug

%

30(4

Jun

Jan

TT

u

5% May

37a

1

Trunz Inc

4% Aug
43% May

274

15

Oct

—~—-

:

Corp

Jan

Oct
Oct

2% May
19

-1
50c
1-25

Rights—,
Trans Lux Corp
Tri-Continental warrants

15% July

Oct

Feb

23%

10c

Jan

Sep

11%

27%

X63%

—1

3
87

4

Feb

1,400
4,500

1

Sep

4%

12%

13%

29%

5

Jun

Jan

13%
13

27(4

25c

common

"

274

1374
29

—*

Light $4.56 pfd

Co

2"2
72

15(4
5%

•

see

23

Oct

Oct

37a

Tonopah Mining of Nevada—
Tower Acceptance Corp class A

117a July

Corp_T

5

5

Union Gas Co of Canada—
Union investment Co
——

*

57

_4

Unexcelled
.

Union

Jan

Chemical

Stock

Yards

■

I V

(

20

of Omaha
:

t-i

—

For

—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
-70c
Toledo Edison 4(4% preferred
100

16%

4%

30c

(The F C) Company
Aeronautical Co__

Ryan

Apr

13

1(2

Thorofare Markets Inc
ThrifUmart Inc
Tilo Roofing Inc _—Tishman Realty & Construction

Jun

17%

%

1.50

inc

Ltd

Ave

Mar

37(4

9(2

ThompsomStarrctt Co Inc.—
70c convertible preferred

Jan

Jan

85a

1

Engineering Qorp
Company

Oil

Russeks

18

38%

r

1965

Carpet

Royalite

Ryan

8

18

1

Inc

Roxbury

Russell

700

750

4%

Gas Co—

Raceway

(J

4,400

9

9

50c

dep rets ord reg

Roosevelt
Ross

18%
45

Ltd—•

Roosevelt

2

2074

18(4

Tliiokoi Chemical Corp

Feb

16

1

Mining Co
Corp—

Royce

18

Oft

1

Rochester Gas Ac Elec 4% pfd F—100
Rokeach (I) Ac Sous Inc
1
Rolls

ni'

1

Argentine

to Jan 3

5,600

40

%

50c

Inc

Ex-liquidating distribution
Valley

13%

1574

1

Industrial Corp--.
Richwell Petroleums Ltd

Grande

1674

1

Corp

11(4

8

20

Vtc extended

Feb

Oct

10,800

1%

Texas Calgary Co

29Va Sep

Thew

Republic

Rio

24(4 May

74

17,300

97u

—25c

common

Electric

TCl-A-Sign

$1.25

Rico

41%

Oct

15

18%

Superior Toc(l «Sc Die Co

20(4 July

1

Ridge way

Feb

Jan

82

5%

l

—

common-

Co

Sep

18

22,600

1

Petrol

International

Sunset

Apr

13%

—

5

Rapid Electrotype (The) Co
Rath Packing Co common
Raymond Concrete Pile common

Oil

89

01

,

—1

Corporation

Texas Power Ac

Arlhs

10174 Mar

Jan

13

*

Ac Co common

(S)

sun Ray Drug common
Sunrise Supermarkets Corp

It

Remington

Corp

Stylon

Q

Reiter-Foster

10c
•
5
—-1

(Del)

common—

^1)r

15%

-

Quebec Lithium Corp
Quebec Power Co

Reis

127%

27(4

•

sl0p & shop Inc

Pi,, Apr
974

Oct

Feb

41%

—*
5

—

Apr

Technicolor

Red a

1
50c
25c

:

—

Ac Co common

SWnnes

Oct

5% Mar

3

~13%

16%

—

Steel Parts Corporation

10-4 July

8%

Feb
Oct

24

T

common

Reading Tube Corp

Corp:

Steel Co of Canada ordinary

89

800

8%

Oct

Jun

109(4

800

1

74

-1
50c
:-10
1
10

Jan

,8

I8V2

Jan

8%
101

Oct

2134

70

90

1

~5%

6

16

127b May
29

Oct

41%

—1

Oct

Oct

Oct
Jan

4%

1,000

24

18

7%

Sterling Aluminum Products conimon.-5
Sterling Brewers Inc-1

Oct

July

6%

3,700

38,200

89

1

Inc

Cprp

Oct

5r,

May

8

63

*
1
20

Jan

ll-'a

Jail

14

26%

—-1
5

2

*

2

Oct

24 (a

Stein

/4

77a

Oct

Feb

11
.

49

preferred

Oct

18,600

6%

~3%

1,100

2S.74

Apr

21

77a

107b July

7a

3,000

"i'a

Jan

47a

25,900

5%

1

12

40

50c div conv pkcferrccl
Statecourt Enterprises Inc

7% Mar

Jan

7a
11

5'a

49

25

Oct

%

4%

1%
11

32%

1
Standard Shares Inc common-,
1
Standard-Thomson Corp—
———1
Standard Tube class B—i,
—1
Stanrock Uranium Mines Ltd
1

Aug

2ft Oct,

Jun

Inc—-—-—2
1
—
5

Standard Products

Aug

Feb

16,a

87i»

9

8%

12(4

(Ky)—^

8

,50

Oct

1,600

lo

n>

*"8%

1.000

Corp

Packaging

20

1,800

(4

It)

preferred
100
Pulp Ac Timber com—__3

Pyle-National

Industries

Standard

Colorado—

cumulative

Puget Sound

Standard

'

l

,

of

>

^

50

16a4

1

1

Forgings

Standard

May
7'% May

„

Gas

Service

3

50%

10c

Ltd-

Standard

97

23,a

Sep

13

Jan

1,700

Oct

27a

274

2(4

13

preferred—_——25
—25

Royalty Co

52

800

•

Progress Mfg Co Inc
Prophet
(The)
Company
Providence

1,000

9

2.50

America

Dome

1.100

20%

20

874

1

-

of

2%.

2%

*

Pratt Ac Lambert Co
Prefiticc-Hall Inc pommon
Metals

20%

_2.50

common

Fowi* Corp of Canada common
Prairie Oil Royalties Ltd—

Pressed

2%

20o

A

Oct

34(4

Oct
,

Poloron

2

300

12%

Spencer Shoe Corp
stahl-Meyer Inc
Standard Dredging Corp common
$1.60 convertible preferred
Standard Financial Corp,

14
Feb
13% May

1}

2,000

1 r,

32 %

cumulative preferred

Specialty Stores Co Inc

67a Aug

2%

cumulative

Spear & Company

2% Mar
20%

convertible preference

Southland

July

24

18(4

30.700

12"

2%
in.

34

25
.—25
25

preference,

convertible

Southern Pipe Line

Feb

5

ft

preferredpreferred-,

southern Materials Co
-

7
Mar
47a July
58(a

2

7

cumulative preferred
25
Southern California Petroleum Corp—2

107a May
10Va Jan

5% Oct

2(4

Edison—

California

4.24%

167'a July

5,300

177a

4.08%

167'a Aug

Feb

Oct

—25

common

4.32(»

Jan

14

87b

12.50

common-

Co

4.48%

Jan

147a May

8,800

1
1
—-1

4.56%

Jan

6

48

Philips Electronics Inc_.
5
Philippine Long Dist Tel Co—_ 10 pesos
Phillips Screw Co—
:
10c

Gold

Corp—10c
5
—•

cumulative

4.88%

1% Jan

6 (a

Oil

original

5^

May
Jun

Sep

5%

2.50

137a

Jan

474

6%

2

148

Penn

Southern

Jan
Apr

47a
6274

Oct

47-1

57/

1

Penn Traffic Co

100

X5

Oct

•ft Oct
1%
57

1
1

Ltd

5%

Coast Corp

South

39
July
98% Apr

88

97i

Publications—
preferred-'-^
—•

South

Jan

97

3,500

—lc

Corp

108

1,170
1,700

2 Va

25

A—

*

,

91% Apr
99(4 Mar

20%

Pep Boys (The)—
1
Pep-perell Manufacturing Co (Mass)—20
Perfect Circle Corp—
2.50

Pioneer

—

Corp_!,————
goss Manufacturing common

Mar

98

7934

144,100

—

Industries

common

sono'tone

24
Jun
23(4 Jan

2 %

7(4

Corp

Jan

77%

2\

88»a

vtc

•

4

100%

la

class

Canada

2114

82

5(4

B

of

X23

t

X207b

1
100
•
2 Bol

:

Company

Parker,sburg-Aetna
Putino

22Va

Amer shares—1 Bol

(C A)

Chemical

Class

1.000

6%

Pancoastal Petroleum (C A)
Pan Israel Oil vtc

Parker

30% Jan
28% Feb

22% X2314

23

1

Petroleums

Pcntopec Oil

Co

Airways Inc
Smith (Howard) Paper Mills

Jun

22r,!t

8%

——100

slick

23

24

77%

Airlines—.

Pacific

Park

Jan

—

conv

$4.36

3274

Jun

9

of Canada——.—.—•

Skiatron Electronics & Telcv

1st pfd—25

Jun

800

Simplicity Pattern common
1
Simpson's Ltd common—_i—.——
Singer Manufacturing Co_^—-———20
Singer Manufacturing Co Ltd—
Amer dep rets ord registered
£1

P
Pacific Gas Ac Electric 6%

Jun

2ft

4ft

2,700

convertible

$3

Aug

5

2574

Oct

Simnions-Boardman

Jan
14(4 May
92
Jan
26(a Jun

Oct

8,800

Feb

17a

Silver-Miller Mines Ltd

57«

20i)

16%

37a

B

Jan

5,600

200,700

X11574

1
2
—2

Jan

9% July

2ft

3

Corp——

17a

Oct

207a

Silver Creek Precision

93

10

112

1
Corp————10c
1
Silvray Lighting Inc
—.——-25c
Simca American Shares—
5,000 ir
Silex

Oct

3%

(The)

Class

Jan
July
37a Jan

3',4

3U

1

Corp

1%
2
5614 .66
1:'V
2%

10

87

9%
£0

—

Electric

325
20

88

?•%

54,800

3% Jan
16% Aug
81%.July
101
Jan

Oct

45!»

—

O'okiep Copper Co Ltd Araer shares..l0s
Overseas Securities—-1
Oxford

62%

•

•

$7%

1%
GO
2

Okonite Company common
Old Town Corp

1"
61

—

90c

Ltd

2%
11 »

2

1114
02

Ohio Brass Co class B common—.——•

2

4,200

Va

X11574

signal Oil & Gas Co class A
6,400

6

6

25

common—

preferred

Siegler

1,700

1

Corp of America common
3
siboney-Curibbean Petroleum Co——10c
Sicks Breweries Ltd—
———-*

May

1974 Mar

Oct

174

Shoe

May

30% Max

Oct

%

Products Inc.————~ 1

Sherman

4^

Oct

10(4

130,000

2i74

Sherwin-Williams

Oct

15%

100

7H

20

Common

10/a Jan
18
Apr

Oct

1,100

16(4

%

——10c

———__—

Denn

1674

16(4

6(0

3^.—•

Jun

1574

20 Va

;

Jan

2174 Mar

17% Aug

100

7

4

Inc

11%

19%

1
50c
1

;

197b

27% July

19 Va

6%

common

8

,;.;7% Oct

6

Securities Corn General

11^4 July

40

4,300

Oct
Fen

1174

6,100

157a

7

Serrick- Corp class B————-—I
servo Corp of America—™
——1
Servomechanlsms Inc.*.
20c
Seton Leather common.——
•

Oct

13%

13%

6 V*

Pishcr Co

Sayre &

Keaporeel Metals Inc

Oct

1174

14

25c
1

(Del)-.

Scurry-Rainbow Oil Co Ltd
Seaboard Western Airlines

24%

127a

preferred 5%

oil Inc

Savoy

Jun

7

Range Since Jan. 1
High

Low

High

8

series
20
Cumulative preferred 4%% series_20
Cumulative preferred 4.40% series-20
Sapphire Petroleums Ltd
—
1
Cumulative

11 % May

Oct

47a

1•

,

—2.50

——

Milling Co Ltd——,—
Gas & Electric Co—-

5;.4 Jun

Mar

•

of America—

Corp

Diego

Inc—

Sceman

2%

——.-

.

Corp Ltd common

3 ,'tf Jan

*

Warrants

Nuclear

5

Oct

70(4

pfd—100
1

Pub Serv 414 %

Northern Ind

"5%

"474

5

—.50

North Penn RR Co—

Northfiipan

900
40J

4%

5 %

25

Oils Ltd-—

Canadian

8%

25%

5U

Carlos

San

Mar

26

North American Cement class

North

j

1;« Oct
_

247b

8

.
•
A——10
Class
B
10
North American Royalties Inc———1

Railway

Southern

Norfolk

1

Lawrence

Oct

10% Jan

48,700

Shares

S
gt

Salem-Brosiu's

Feb

<8

for Week

Low

Par

May
13"a May

217«

77«

y

Sales

Range
of Prices

Sale Price

American Stock Exchange

Jun
Jan
Jan
Jan
Jan

"4

22%

12

137 %
ft
2(4
1%
47%
1674
2'«
1%

Oct
Feb

7»
7«

,

1%
118

(4

1 Is

*%l

1,600

Week's

Last

STOCKS

1 i'.{ Jun
3/k Jun
2 i« Oct

Oct

(4

4,000

7»

V

38,600

5,990

(4

Rosario

New York Ac Honduras

1U
128

(4

1

Superior Oils™
New York Auction Co common
New

113

i%

——•

Co common——

New Process

39,300

113

—1

Mining

october 25

Range Since Jan. 1
Low
High

High

1%

113

50o
-250
1
20c

Ac Cnem Co

Min

Idria

New

ended

week

Friday

Shares

•i

124

for

for Week

Low

Par

Ltd—
--1
New Britlsn dominion Oil Ltd
40c
New Chamberlain Petroleum
50o
New England Tel Ac Tel
100
New Haven Clock Ac Watch Co———*
50c convertible preferred
•

-

Range

Bristol Oils

New

range

Sales

Week'*

Last

stocks

.

;

.

4%

8%

8%
■

—

2.300

5

—

4%

125

57%»

57

..

-

8

Oct
Oct

57

100

:

Oct

19% "Oct

7%
90

Jun

May

9(4* Jan
24%

Jan

The Commercial and Financial Chronicle

Number 5685

186

Volume

(187ij)

f

AMERICAN STOCK EXCHANGE
RANGE
Week's

Friday
Last

STOCKS

Par

United, Asbestos Corp
United

Elastic
Milk

United

Molasses

Amer

N

United

ft

..10s

U

S

Air

U

S

Foil

U

S

Corp—

190

lft

40

lft

12

24 ft

1%

lft

33 ft

30%

34 ft

-50C

4ft

Corp

..250

1%

United

Stores

Corp

American

1

4ft

20%

124,500

Insurance

Universal

Marion

14

.2

Vinco

4

Jan

15ft
21%

4ft

4%

4ft

4%
78

32

38

lft

113

—1

i

.1

2

"M

Oct

65 ft

50

3ft

4%

5,300

3ft

9%

10 ft

700

3ft

18,100

Sep
2ft Oct

1

3

•

2

2

2%

1,800

•

2%

2%

3%,

700

"w

lioo

Waitt & Bond Inc

—I

$2 cumulative preferred

Amer

4,300

Oct.

39,500

1

Oct

2ft

Apr

Oct.

93,900

1

Oct

lft

Jan

Oct.

880

124

Oct

160

Aug

Oct.

23

21

16%

pfd

Ltd™

2%

2%

lft

_

4ft

•

—

28

27 ft

Westmoreland Inc

10

26

25 ft

Weyenberg Shoe Mfg
White Eagle mternat Oil Co

1
10c
1

common

preferred

conv

25
1

Wichita River Oil Corp
Wickes (The) Corp

5

Brothers

5%

Wood

Oct

6%

24

Oct.

,

■

preference

Wright Hargreaves Ltd
Zapata Petroleum Corp

84.23

81.89

85.40

88.36

84.12

81.79

85.23

142.49

88.35

83.92

81.61

85.20

84.77

113.12

63.55

148.32

88.26

83.81

81.61

85.46

84.79

436.40

113.06

64.06

148.36

88.21

83.78

81.47

85.39

84.72

.

(35 Stocks)

Feb

Compiled by National Quotation Bureau, Inc.

jjj Oct

Jan

Tues.

Oct.

22

72.92

Sep

Wed.

Oct.

23

73.27

Da te—

23ft Jan

Oct

4%

1,400

15 ft

74.98

Fri.

74.61

Low

160

900

Oct

5

Feb

4ft

43 ft

25

12 ft

13

500

11%

Jan

Oct

19

200

16 ft

Feb

40 ft

45 ft

6,800

40ft

Oofc

200

5A Fob

based on
stocks for the week ended Oct. 18, 1957, for

21% July
79ft Jan

5ft

the closing prices of the common
composite and by major industry
groups compared with the preceding week and with highs and lows for the
current year are as follows (1939=100):
The SEC index of stock prices

15% Mar

19

6% July

12 ft

33

Apr

12 ft

2,100

"lft

Oct

23

Sep
May

...

Stock

Last

Interest

Period

Exchange

or

Sale Price

Range

—

Pump 4s inc debs 1994

Appalachian Elec Power 3fts 1970
Bethlehem
Boston

Steel

Edison

Chicago

6s

Aug

2fts

1998

1

84

Low

Transportation

High

50
12

86

-

Service

121V*

May-Nov

49

—1.6

347.9*

354.8
411.8

—1.9
—1.4

234,4*
148.0*
259.6*
285.6*

239.8
149.0
269.3
294.5

—2.3
—0.7
—3.6

-

378.2

406.1

503.5

234.4

317.5
163.5
292.1
402.3

—3.0

(

299.4

347.9

148.0
259.6

285.6

low.

130

86

*7

81

44

76 ft

86 ft

51
41

Transactions at the New York Stock Exchange

90ft

77

49

76 3A

76ft

$40

Jan-July

304.3
384.5

97'ft

86

June-Dec

*New

^5.0
472.5
Ho'l

299.4*
378.2*

57%

84 ft

50

ft

$130

1970

A

Jan. 1

No.

High

$40

June-Dee
.June-Dee
Quar-Feb

3%s 1378

series

Transit Authority

Goods

Utility
Trade, Finance and
Mining

Range Since

Sold

—

„

Low

AAmer Steel &

Bonds

Friday's

Bid & Asked

Non-Durable

—1 6

Low

High

406.1*

Composite
Manufacturing

\
Week's

-1957-

Percent

Change

Oct. 11, '57

Oct. 18, '57

Feb

"lft

9,600

13 ft

3

78.87 Jan 23

SEG Index of Stock Prices

Jab

May

101

33

Friday
BONDS

25

17ft Jan

July

14

Oct.

Sft July

Oct

2%

91ft Sep

~1A "lft

22

lV6ii

94.00 Aug

High

Durable Goods

American

Range foi

26 ft Max-

12,900

15

72.92 Oct

Low

Jan

10%

95.07 July 26

High

74.88

21

ThUXS. Oct. 24

Jan

12%

Range for 1957

Closing
Oct.

Mon.

10ft Mar

lft

13ft

10ft

8ft July
20
Oct

300
100

5A

84.87

Over-the-Counter Industrial Stock Averages

Jan

6

1%
13 ft

88.36

143.61

62.10

3

10ft

43

148.26

62.88

38

3ft

8

84.97

64.55

Apr

3

5s
£1
*_10«

40

107.21

32 ft

5

common

(P W) Ltd—
dep rets ord reg

Total
Bonds

S

Woolwortb
Amer

10

107.65

23ft Jan

400

13

ities

113.93

100

3,500

-2

Rails

419.79

450

19,400

25
100
*
1

„

Util¬

Ralls

trials

Grade

423.06

May
29ft Jan

lft

33

Stocks

47

lift

ft

ities

Second

Grade

Indus¬

roads

-

Jan

68

27 ft

20ft

1%

12

Inc

Wobdley Petroleum

Jan

1,000

11

1%
11

65

ft Jan

7ft

Feb

9

20

10

First

10

Total

Util¬

....

139ft May

ft

35

ell

—

pfd

(John) Ihdustries Ltd
Newspaper Machine
Industries

126ft Jan

1

;

preferred

Woodall

1ft
9

1

commAn

Wisconsin Pwr & Lt 4ft %

Wood

86ft Jan
4ft Oct

10

*26
lft

-Bonds

15

20

Mar

91

100

28ft

35

—10

Willidms-McWUliams Industries
Williams (R C) & Co
Wilson

2ft July

54

20

5ft %

Oct

16,200

ft

ft

"cons," consolidated; "cum," cumula¬
voting-trust certificates;

3% July

1

—

Invest Ltd—

ord

I tic

2ft Jan

135

Westmoreland Coal

Stores

16% Oct

4ft

135

1st pfd—.100

Is
*

White

Juiy

400

5,300
6,700

2%

,

during the current week.

437.13

22

L25
100

41%

433.83

21

1%
18 ft

52 ft

39

40

53

48%

94

.

trials

18

lft

shares
Western Tablet & Stationery com

dep rets

July
33 ft Aug

26 ft

5

99ft 101%
53

49ft

$39 ft

Rail¬

Date

18

1

130

48%

Indus¬

1

124

I!

57ft

$55

10

1%
124

.

Stoclcs

lft

JL

Western Maryland Ry 7%

on

3ft Jan

Oct

73

—7

$99 ft 100

the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:

30

25%

(Del)

West Texas Utilities 4.40%

Stockholders

23 ft

54

73

$72
179

June-Dec

1972

73ft

54

—

are

Jan

104

1% Oct

Sep

70ft

$57 ft

Jan

Oct

' '

Deferred

a

Jan

4ft

14

23 ft

5s

59 ft
—

$72

Stock and Bond Averages

1

Weiman & Company inc
Wentworth Manufacturing

Western

6ft

Oct

53

«...

value,

par

Below

1

_*

Webster Investors Inc

Leaseholds

Oct

2%

900

52

$45 ft

May-Nov
April-Oct

1947
1947

1927)
1927)

Jan

7ft Jan

2

120

1%

1%

45 ft

$165

"conv," convertible; "M," mortgage; "n-v" non-voting stock; "v tc,"
when issued; "w w," with warrants; "x w," without warrants.

-10c

-

Instrument Co.

Webb & Knapp Inc
$6 series preference

Western

55

53

1%

—30

Wallace & Tiernan Inc
Waltham Precision

Feb-Aug
Feb-Aug

Mar-Sept
May-Wop

i,"

listed

Co.

157

1949

Jan

w
Aircraft

Wagner Baking voting ctfs ext
7%
preferred

180

111 ft

Jan

7%

v13ft

9%

2%

'

'

126

2

Jan

6

Oct
Oct

2%

5

154

July

141

Oct

113

2,800

tive;

Jun

4%

1 ft'Oct

2,700

3ft

180

no sales being transacted
§ Reported in receivership.
Abbreviations used above—"cod," certificates of deposit;

Jan

85

Oct

High

180

ABonds being traded flat.
$Friday'3 bid and asked prices;

July

78

32

113

2%

4%

■

•

2

113

3

;

Jan

Gft

Oct

4ft

50

Low

delivery transaction (not Included in year's range), d Ex-interest,
f Ex-liquidating distribution,
g Ex-stock
dividend,
h Ex-principal,
n Under-the-rule
transaction
(not included In year's range.)
r Traixsactlon for cash
(not included in year's range),
x Exdividend.
y Ex-rights,
z Ex-liquidating dividend.

Aug

5ft

Oct

■

28 ft July

8,400

,r

lft

warrants-

Petroleum.

Corporation

loo

78

34%

21

Oct

17ft Oct
4% Apr

4,100

4%

78

5

13 ft

13,100
-12,400',

May

(issue

*No

Jan. 1

No.

154

stamped (Plan A) 2Vas 2008
Mar-Sept
Peru
(Republic of)—
Sinking fund 3s Jan l 1997
Jan-July
Rio de Janeiro 6tmpd (Plan A)
2s 2012__Jan-JuZy

Jun

4%

Oct

Range Sine#

Sold

Germany—

6fts

(Issue of
of

Bonds

High

Feb-Aug

Parana

2% Apr
59% May
31ft Mar

1% Oct

Friday's

June-Dec

redeemed)

(Prov)

A7s

3% Mar

47

400

17%

5

preferred

Virginia Iron Coal & Coke Co—
Vogt Manufacturing...
Vulcan Silver-Lead
Corp

Waco

1947!

Mortgage Bank of Denmark

46% July

500

13 ft

1

common

Vanadium-Alloys Steel Co
Venezuelan

ft

21

—5

Van Norman Industries

(40 ft

A7s

Sep
2% Feb

Oct

,25ft Oct |

—14

common

Sugar

convertible

(City of)

1939

7s

1947

City (Peru) 6 ft8 stamped 1958
Maranhao stamped (Plan A) 2fts 2008
Mortgage Bank of Bogota—

15

Feb

2,200

49

—15

Corp

Universal Products Co

$4

7s

43 % May

Oct

lft

lft

47

.

'

Universal

Cons Munlc

secured 6s

AHanover

Jan

28

4)4

1%

—10

Oil

Aug
% Jun

3,700

common

9

400

1

Corp

Universal Consolidated

f

A Hanover

1% Jan

Aug

21,700

20 ft

Vitamin

Valspar Corp

AS

5,% Apr
208

Oct

1

-

50

1

23%

States

Utah-Idaho

A German

39% May
5% Oct

Feb

187

600..

12

ft

i

1

B

United

Universal

ft Oct

4% Feb

or

Bid & Asked
Low

7ft May
1% Jan

4ft Sep

189

..10C

Rubber Reclaiming Co

Conditioning
class

Feb

30

200

—-

_1»0

Canal

&

Week's Range

Last

Sale Price

Period

ALima

Sharing common— —25
—10
preferred

10%

500

5

High
7% July

4ft Oct

11,200

4%

Profit

RR

J

%
31ft

30

5ft

7,600
30,000

Interest

American Stock Exchange

Ltd—

Co

dep rets ord registered

United

5

xi

31%

25

BOND S

Low

6%

Ills

common

OCTOBER

Range Slnoe Jan. 1

High

4ft

4tt

•

Corp

Products

i

5ft

_10c

United Cuban Oil Inc
United

Shares

Low

1

J

ENDED

for Week

common-—50o

Aircraft Products

United

WEEK

Friday

Range
of Prices

Sale Frice

American Stock Exchange

FOR

Sales

Delaware Lack & Western RR—

Daily, Weekly and Yearly

Lackawanna of N J Division—
1st

mortgage 4s series A

1993

A 1st mortgage 4s series B 1993
Finland Residential Mtge Bank 5s 1961

May

Mar-Sept
Flying Tiger Line 5fts conv debs 1967
Jan -July
Guantanamo & Western RR 4s 1970
Jan-July
A Italian Power Realization Trust 6ft % liq tr ctfs—
Midland Valley RR 4%
1963
April-Oct
National Research Corp—
5s

New

convertible

subord

debentures

England

Nippon

Power 3 ft8 1961
Electric Power Co Ltd—

6fts due

1953 extended to

1976
.

mmrnm'

92

92

•m+i.

54%

54%

79

79

80

$78

Power 1st mortgage 3fts 1968
1st mortgage 3s 1971
Pennsylvania Water & Po.wer 3'As 1964

3fts
3s

Water

series

series B

May-No»

$93

100

Jan-July
April-Ocf
April-Oct
June-Dec

$97 ft

1976

3 ft6 series D

1976

3s

3s

series

series

3%s
4 fts

E
F

series
series

1978

,

1979

1981

G

1982

H

Southern

California

Southern

Counties

3fts

90

Mon.
\

Oct. 21

Tuts.

114

94ft

Oct. 22
Oct. 23

•*—

55

1970

Gas

(Calif.) 3s 1971
Southwestern Gas & Electric 3%s 1970United Dye & Chemical 6e 1973
Wasatch Corp deb 6s ser A 1963
Washington Water Power 3fts 1964.
Webb & Knapp Inc 5s debs 1974

55

88%

Week Ended Oct. 25
1957

93

118

136

Stocks—No.

U.

55

97 ft

83 Va

83 ft

S.

76

76

76 ft

82

84%

91%

Traction

5s

1960

84

——

Stock

mm mm

$94%

"and Industrial!

Period

89

— —

87%

A 6b

series 3

ADanzig Porf

1951
&

Waterways flfts 1952




Feb-Aug
April-Ocf
Jan-July

781,331,900
$826,960,200

|r

,|

Transactions at the American Stock

91

83

Exchange

Daily, Weekly and Yearly

93
77

60

2

60

100

3

100

104%

90

98 Va

69

Foreign

77

$92%

96 ft

$60

67

■

Oct. 21

98

100

96%

96%

1

102%

Mon.

92

ioi y4

Tuns.

Oct. 22
Oct. 23

Oct. 24
Oct. 25

—

Bid & Asked

High

Bonds
Sold

No

Jan. 1

$107
$24 ft

106
91
—

$198,000

1957

Stocks—No.

ot

Shores

21 Va

6.000
13,000
10,000

7.429,964

High
190

Domestic

134

5198,000

—

Foreign corporate

—

3i,uuu

106ft
24%

Totol

$330,000

Total
Bonds

Corporate
Bonds

$133

000

33,000

1.000

—000

73,000

4,000

20,WO
$101,000

$330,000

$31,000

.nJan'1 to 0c/ill

1957

1956

3.633,160

180.625,338

189,493,156

*223 000

$9,608,000

$12,478,000

1956

Bondt

Foreign government

$130

Bonds

$42,000
26,000
44,000
59,000
27,000

1,750,425
1,876,050
1,533,790
1,440,621
829,078

«iannnn

190

$185

Government

Week Ended Oct. 25

Range Since
Low

Domestic
Bonds

7,429,964

Xotal.

^Week's

Range
Friday's

Foreign

Stocks

(No. of
Shares j

Wed.

$99

Last

...

804,028,500
1 $844,826,930

97

84

8

...

$89

Low
-

14,930,000
$15,876,500

90 ft
99

60

Sale Price

ABaden (Germany) 7s 1951
Jan-July
Central Bk of German State & Prov Bank*—
A Ss
series A
1052

$221,000
45,296,300

32,540,000

T

Total

99

94

99%

89

100

June-Dec

Interest

Exchange

^3,000
40.623,430

$946,500

$1,449,000

459,784,678

97 ft

90 ft

~8

93

87%
$84

,

Friday
BONDS

—-

•

92%

Foreign Governments and Municipalities
American

449,362,254

7,848,078

—

——

'

95

$70

June-Aug
Feb-Aup

6s 1959

20,804,199

-

Jan. 1 to Oct. 25
1957
1956

•

$33,989,000

Railroad

Fri.

Penn

Western Newspaper Union

Shares

FoSStlOPal-Bank

88 Va

87
90

3

of

Government---

1956

89

87 ft

2

42

86

$70
$87

Feb-Aug
Jan-July
June-Dec

$33,989,000

89

76
$81%

m

April-Oct
Jan-July
Feb-Aug

4,161,000

—

96 ft

$80

„

8«f35,000
6,475,000

85

90%

Sales

^-129,000

98 Va

Thurs.

West

4,035,362

4

'

55

87 ft

4,599,130

—

89

87

119ft 119ft
85
$70

$1,449,000

Oct. 25——

80

92%

$80

119ft

$32,540,000

Oct. 24

Fri.

3

16

86

92%

3,929,000

20,804,199

Wed.

102 ft

88%

2,403,717

$404,000
190,000
408,000
215,000
232,000

$7,185,000
8,445,000
6,721,000
6,260,000

4,673,480
5,092,510

08ft

97 ft

— —

93 ft

$80

Feb-Aug

Gas

57
94

81

—

99%

91

— —

Jan-July
Feb-Aup
Feb-Aug
Feb-Aup
Feb-Aup
Feb-Aup
April-Oct

1973

2fts series C

Bonds

81ft

34

Corp 3s,

1973

A

Bank

Bonds

53 ft

—

83

& Gas Co 6s

Power

Foreign

Bonds

Thurs.

—

81

Jan-July
1998—Jan-July
1981
May-Nov
Sapphire Petroleums Ltd 5s conv deb '62
Jan-July
Southern California Edison 3s 1965
Mar-Sept
Harbor

and Miscel

Shares

79

5

23

_Jan-July

3'As 1970

Public Service Electric

Railroad

No. of

119

Total
Bond

United States
Government
Bonds

IM'l

Stocks

98

92

~4

92%

66

58%

9t

tm-m

Total

1963

Ohio

Safe

49

48%

7

$95

$223, ow

25 000

'

$326,000

5,162,000

j 937 00O

L462.000
_J

$13,007,000

1,299,000
—

—

$18,939,000

37

The Commercial and Financial Chronicle

.

.

.

Monday, October 28, 1957

OUT-OF-TOWN MARKETS
RANGE

Boston Stock
Friday
STOCKS

Last

Sale Pries
Par
American Motors Corp
Auieruian

8ugar Rellning comJ

American

Tel

Boston

&

Tel

--60

—

Albany

RR——,

100

Boston Edison
Boston

&

RR common.^

Buffalo

Eclipse

Service

cities

Eastern

Gas

474%

Fuel

&

praferred

Assoc

6V

pfd class B—

cum

Motor

Electric

Gillette

Co

Island

Co_.

Creek

Coal

Lone

Cement

Corp

Central RR Co

England

New

N

Electric

RR

Pennsylvania

United
United

487a

Oct

70;'a

18

Oct

42%

28%

619

25

Oct

Wool worth

17

58

10

54%

5

50%

295

74%

Sep

Rubber

U

S

W)

G7%

Feb

52

Jan

July

%

45

1,681

42%

Oct

3,434

52%

Feb

37%

923

33%

Oct

128%

200

25%

Oct

90

12

12

8c

14%

14

123%

119

Oct

14
12c

177 b

119

Oct

1377#

10

77#

Oct

10 %

Oct

917b

Oct

.<•*'

16

638

147#

Oct

22%

25

8%

Oct

10%

Oct

23%

Jan

19

Burger
Carey

1,679

227*

Oct

27% Aug

4174

2,366

3974

Oct

47%

Jan

A

33

Oct

45 %

Feb

Allen Electric

49

33

357a

1,321

65% May

S4.50

F

'
A

236

34 7e

Oct

Jan

American

299

28

Tb

Oct

637b

Jan

Baldwin

75

15

75

Oct

95

Feb

Buad

14

Feb

54%

13

170

587b

12%

Oct

52%

838

Feb

68 34 July

Metal

Cincinnati
A%

Gas

Rlgnts

Milling
Transit

Gibson

p

s

■

—•

17

Aug

457b

Jan

908

44 74

Jun

26

Manufacturing

4174

Corn

163%

42%

157 b

miXm

1

31

7

—

4074

5
-5

168%

—

Dynamics

5

—

—5

——*1%

Greyhound Corp
International Harvester

Monsanto

__

Chemicals

Na:l

•.

_

—

Corp

Fenublir

Stc-l

Oil

—

Aug

7734

Oct

72%

Jan

4474

Oct

.6574

Jan

Rickel

11

Oct

1614

Jan

Rockwell

398

147b

Oct

105

19% May

47#

Oct

77# July

35

20

Oct

37

292

Oct

52

497#

Jun

70

Jan

.»

,

'

Si

Standard OH (Indiana)

_

—

see

i>age




46,

—

Walker '&

Wayne Screw Products

3074

317b

100

4074

4174
52%

17274

161

25

147b

Oct

26%
,

Oct

31%
317*

46%

40%

Oct

497b

Oct

68

Jun

27
120

162

Oct

Feb

287V

Feb

427V

Oct

477b

Oct

68 TV

617b

147

52%

Feb

3674

397b

755

3674

Oct

34

Apr
727b July
477b July

1474

■

A

26

307 b

Oct

317b

Oct

407b July
397b Jan

101

48%

Feb

207#

21

6974

108

207b

Oct

28

96 7'#

99 %

177#

19

45

45

45

5474

54%

5474

147#

147a

Jun
Mar

common

Corn

17

9
27b
52 74

2%

3

Oct

297b July

{

Oct

1-3% Aug

i

14

250
193

9

27#
5 2 74

316

42%

107b,

908

3%

500

8% Jan
3
Oct

93a

1,855

97b

,

27b Sep

87b

374

Oct

'

1174 July
G% Aug

,

11Tb

500

27b- Jan

37b May

38o

2474- Oct

32% July

'.10%

1,466

{10
I8

i

Jun

;

Jan

[

20% July

'17?# Mar

710
100
133

\

27* Oct

151#
27b

100

33#

•

>

157b

157b
27b

15%

i

5% Mar
8%
5

Apr »
•Jan

'

Jan

J

17?2

Oct

17b Mar

800

!

157b
20

Oct

10

100

',l8

208

167b

'

Apr

3 7*
24 %

27a

•

I

Jan

62% Sep

Feb

27b

__

i

Oct

1,065

:

>

Jan

2 4 74

-2% Get I

i

Mfg
——
Corn
<Un)_——
Ludlum Steel

Allied

50c

Laboratories

52 74' Jun

Oct

657b July

147#

Oct

Am Broadcast Paramt Theatres
American Can Co (Un)

227b' Jan

American

Oct

(Un)

17

17

20

17

39 %

63

237b. May

37% Oct

Cyanamid
American Investment

53

317b

Jan

33%

130

American

317b

49 7b

Jan

American

Motors

397b July
587a Jan

American

Rad

American

Tel

617#

American Tobacco

297b Jan

American

317# Oct
18% Oct

67% Jun
4574 Feb
26% July

Anaconda

427b Aug

51%

51%

317b

337a

70

50c

18%
39 %

197b

75

397b

15

37%

Jan

131

39%

Oct

446

5074

Oct

Amurex

Machine

7%

Oil

Co

A

200

Sep
Sep :

9

Sep.

Oct

47b

3674

347#

3634

600

347#

Oct
Oct

—

467b

50

300

26

Feb

1

.

Oct

327#

600

60%

Oct

51% July !
101% July

15

2,300

14 7#

Oct

157b

900

13 y*

Oct

24%

Jant

3874

397b

1,100

38%

Oct

4574

40

July'
July;

24

Jan

I

1,400

367a

Oct

16

167#

300

15 7#

Jan

1774

29%

32%

800

29%

Oct

6Tb

6%

3,100

57#

Jan

4374 July
|
87b Mar

40

7274

367#

11

12

1607b 167%
717b
7274

28

29

"

297a

000

Oct

11

3100

2,700
"300

1607b

*

70

48

'

28

18

Oct

179%

Aug

78%

Oct

Jun

,

Jan;
Mar;
Jan

43% July'
7

Oct

I

2%

,10

46Tb

6174 Jan

Corp (Un>i^
Armour & Co (HI)
Warrants?::*-—_—

6874 July

Ashland oil'& Refining eomffloa—

n74

1

3

400

2%

4074

.

427#

43

1 100

40%

Oct

72%

Jan'

447b

47

1,500

44%

Oct

64%

Jan

107#

1174

1,500

10%

Jan'

—

.1

100

2,100

32 7b

163%

5

\

3874 M->y

28%

7.

—

50

Steel

16% May

Oct

300

137b

3

S

Oct

25

69

147b

6%
11%

—23

July i
63Tb July 'i

287'#

393b

28

common

7

57

267b

7

15

100

(Un)

——

11

25
66%
1

(UH)

Armco

Jan ;

5%
574

4%

7
—3

Ccrrp (Un)—

class

Company

Jan !

oy2

Oct'

7%

4,300

12.50

Tel Co—

Viscose

147b

Oct

47b

10%

__

(UnUl

(111)

San

Oct

77b

500

55b

Foundry—

Corp—

(Un)

900

1,200

47b

10

& Stand
&

778

73b
4%

47b

57/3

_«1

1__—

Co

<fc

Oct

507b July .f
38lb Jan •

77#

-'

»

—u

High

Feb

25

3,200

—

5474

Sep

2774

—

4474 Oct

Oct

25

267b

10

52% July
25% Oct
4°% Oct

27

•

377#

500

10

13674 May
35
*July

28% Oct

4374

_8

America-—

Airlines

Low

407#

«,1

American

Range Since Jan. 1

High

—

Aluminum

Ltd

Shares

Low

Paper Corp
—
Alii# Chalmers Manufacturings
Aluminium

for Week

•

Allied

Co. of

Sales

flange

1
-

Oct

Oct

Week's

1

Oct

4074

Exchange

of Prices

Sale Price

5

Brass

13

-

Jun

1,460

87b

87b
'

_-i

25

40

Jan

27b

10
3

-«

.

174

177b

474

—_:

37%

54

Castings-:

177#

50

.

V

17b Mar

1274 Oot

2%
14

__l

—

Aluminum

Aid Inv & Discount

967b

50

77L> Jan

300

375

37a

10

16

257b

Sep

100

6

1%
1 27b

37a
..4%

5

:

110

25%

574

6
3 2 74

l.ast "

Acme Steel Co

Allegheny

Jan

82

123

75

!

Par

Laboratories

Oct

15%

%

88

!

j

compilation of the roU£Kf-Iot transactions only

>

Abbott

Alleghany

32

150

3

!

!

Apr

Friday

Akron

32%
56%

297b
467a

17# Oct

15% Oct
37b Oct
474 Oct

%

May

30%

487b

177b May

167#

STOCKS

Jun

31'%

407b

Oct

Apr

Midwest Stoefc

GO 7b

58%

Oct

974

Mar

1

59-74 Mar

85

5674

30

17a

307b

1

■

1%

10

—•—i.

~

•

11274 July

8314

136

100

350
100

-

974

1574

common...'..._i.—_—.—

Sep

2057b Mar

67

10

307b
•

5

10% July
38% Jan

277b

Apr

497V

Co

Jan

427

50%

87b Mar

Jan

Jan

30%

39%

135

5%

12^8

Apr

Oct

18

4474
527b

53%

97b

227b July
6% Feb

47b May

Feb

2974 Mar
30

60

Oct

427b

30%

Feb

425
360

Oct

__

10'-

—

8274 July

20

7

17

57b..

Apr

July
\ Jun

Oct

—I10

——

Corp ;_1

70
Aug
47% July

554

25

—

Hi Ji

3

10

174

10TV

2\
.-5

u-

—

Packard

ueft ker

Vinco

Oct

•'

1%

Oct

77b Oct

257#

,

__5

—

50

5

—,

Oct

8 00

1

—

42% Mar

—*
—

Oct

Jan

4774 July
474 Apr

2,508

—

—1*

—

Axle-

6474 Jan

2714
297*

28%

187b

Oct

17b
17b

Jun

8%

1 74

—

Sheller Mfg Co common—„1
ShdI'man Products
——1_——
1

127b

45

235
100

Mar

24

1%

*

(The)

common

Dillo i

Scotten

Admiral

2

600

July

59

Oct

3G%
3%

Oct

Apr

45

Oct

4

300

17

51%

Oct

257b

i

I—:1—

Sjjring &

Advanced

10

17b
77b

17b

1

—

Products

Company

Jan

—*

Oct

174

—

comihon-i—

18

157b

54

17

41% May
21% Jan

25%

—

common————1

20

52

44

14-%
2674

26

Oct

12,350
400

-

307b

—

Corp_^—
Co

Metal

(H W)

Apr

,

Corp

Rudy Manufacturing

Aug
507b July

4774

Oct

Pronliet

54

307V Oct

330

127 a

117b

5

1974

,

—

_1

Pfeiffer Brewing

Feb

4074

50

Hone

Peninsular

180% Mar

367a July

—«.10

1

Southern Ry
Rand
Standard Prands

JF'or footnotes

Oct

38%

—

Sperry

Standard OH

16074

17

33 %

of America—

Reynolds Tobacco
Sears
Roebuck—
Sinclair

&

90

127a
2574

1,586

57b

1

:

products—

Davis

Sep

—10

—

Oil

Radio

Metal

Parke

Micromatic

Jan

Oct

33 %o

Phillips Petroleum
Pure

Mt Clements

18

278

90%

Oct

Oct

—

1

457b July

440

7b

Jan

35 74

—

-3

487b July

70

1

—

Co_—

Oct

1174

69%

77b
177b

97b

974

1

Oct

467b

3274

Oct

Jan

47a

.

307#
.

10

Oct

Oct

—50

——^^-_4

—:

Chemical

3074

—6.25

——,

Pennsylvania RR

—

11%

447b

417 b

187a

—1

36%

11

53

»»3

1%

7%
187b

Jun

6

13

3974
3%
17b

1%
•

57b

39

Michigan

Jan

4074

4774

77b

—

5

24

118

35

——1

1

Oct

267b

New York Central RR
——*
Ohio Edison
—
—12
Owens Illinois Glass

P'ir-.i-Coi"

532

Tb

_a
-1

;—<—;

Motors

1474

80

20%

&

12

16

"3%

.

8%

23,472

4

f

367b
37b

39

Chemical

—

20

7274

1.667b
—1

—

4

—

Harvester

Masco Screw

July

128

5

—

47 74

1474

—5

—

1074 Oct

—1

-

287b

5
—

Lead

4,658
575

367b

——.——1

Refineries

307b

32%

1074

Kysor Heater
Lansing Stamping

27

*

Distillers

National

Sep

3074

2

——

Montgomery Ward
National
Cash
Register

117b

—.

—

Drug

147 b

————10

43

3574
427b

—

Jan

s,7- Mar

,

297b Oct

1,122
7,793

—

3
——-5
5

Kresge Co (S S)

_*

■.

—

•

39

_*

<P)

5274

5074

■59%

Tel-—,——

Inc

Lorillard

16074 16774

907b

1,139

367#
447/a
12%

—1

—

Bearings

Kingston Products Corp

Jun

3

——

&

Jan

44

307b

42%

—1

—.

General

Electric
General Motors ——

90%

2%

—

.

Tel

52

60

162

225

31

3574
42%

Feb

497b

10

17

297b

4074

2974

5

—

—

-

Loew's

1174

5

17

50

44

Kodak

International

3974

147b

127#

110

50

157a

i

—

General

39

6574

10

:—
—

Federated Department Stores
_

41%

327 V
53

—

Southern Ohio Elec

Motor

41%
147b

47b

—10
——

—

Ford

Jun

35

—25

Gas

Eastman

Mar

36

24

15

49%

9/64 Mar
57V Oct

11%

Industries

447b
1174

-25

Dayton Power & Light
Dow Chemical
Dupont

Kinsel

25

22

52

717b

——

Ry

—

Products

5174 Sep
287b" Jan

72

40

52

37
—

Ohio

Curtiss. Wright

Kaiser

Oct

127b

6

6

—

.

Breweries

international

Sep

3674
11%.

-3

Service

Columbus

Jan

6974

39

Steel

Palmolive

25

66,995

5

International

Jan

Leonard

100

Boeing.——

Colgate

Jun

8/64

0%

82% July
177# Mar

42

Jan

68

40

1

Baltimore & Ohio RR

Columbia

47 Vo

4/64

—

Feb

64% Jan
1674 Jun

Corporation———*1

Electric

Oct

437b

797
3,973

377#

How

Oct

34 %

3.343

16%

437b

Hurd Lock & Mfg Co common

50

370

7074

35%

Houdaille Ind common——

307b

377a

65
1674
42

287# July
16% Jan

>

2174 May
50% July

3774

—

9

135

4974

377#

Oct

20

—

Oil

142

137b Oct

200

474 Mar

11

137b

625

6%

common

77b

21% Oct

377

177b

90'/* Mar

244

47 V*
25 7b

-5

Oil

Mfg

300

15'

177#

Motors Corp

67

577 b

■

Higbie

1574 May
37a May

—

Industries-——

Lakes

Great

Jan

27# Mar

227b

69

—-~1

374 July
Feb

208

—10
;——
.

Cities

50'/a

192

45*

Brewing
Graham Paige

Apr
9574 Jan

27b

137b, 137a

—»

—-1

75% Oct

295

177b
597b

—25

—

Armco

Chesapeake &
Chrysler Corp

Oct
Oct

507b

47b
8

477b

———-—50

Bethlehem

81%

25

High

127V Oct

137b

;'•■■—

—*

— „——j.—

Goebel

Apr

34

123

177b

1

Anaconda

Avco

Sep

30

50

12%

Co

98 74

22%

Low

500

13

600
375

Trailer

Wood

General

227b

Range Sinee Jan. 1

High

—

Co

Motor

Gar

8tocks

Can

&

Jun

237a

484

—

American Telephone & Telegraph—100

Armour

8574

317b

"

Airlines

Ashland

Oct

47b

17 Tb

*

Tobacco

32

307b

5

Store

American

77

8

Ford

Fruehauf

SJiaies

-1274
27a

—

-10

common

Federal-Mogul-Bower

Jan

for Week

of Prices

.

—25

Motors

Steel

24%

Sales

Range

tow

'
—

—

Edison

26 74 Mar

9

8474

4

Exehange
Week's

<

—.—5

—

_——

Ex-Cell-O Corporation

Apr

445

3474

75%

Exchange

PONTIAC

KALAMAZOO

—*2

Drewrys, Ltd, USA Inc.—

High
30%

3274 May
3774 Jan

47b

American Cyanamid
-10
American Radiator
-—--——.——5

|

87%
257b

Oct

317b

50

Unlisted

«g

147b Sep
167b Sep
2174 Oct

34

*

Printing common

American

100

8174

75%

1

&

American

16

261/*

*

Preferred

Allied

23

52

•

& Co

Gamble——
Randall class B
U

209
100

10

—

—_

ortpr

Low

237b

271

267b

Stock

WOodward 2-5525

Last

-1

Navigation common.

Detroit

Range Since Jan. 1

High

187b

—

Kroger

Shares

3274
887b

•————--—*

Art

(E)

of Prices

23 74

12%

-—

Picher

Kahn

Detroit

187b

50

Chemical

Eagle

for Week

32

10

——

Telephone

Cincinnati

Range

21%

8.50

com

J?

DETROIT

•

Co
—2
common^—.1

Power

Davidson Bros.
D & C

16

Preferred ———.———100

Cincinnati
Cincinnati

Dow

& Electric

July

Midwest Stock Exchange

Par

.

—4

Paper

Continental

Sales

23

American

Products

Rubber

Company

Week's

Low

Exchange.

Building

'

Burroughs Corp —
Chrysler Corp —

127b

.

Jan

Equipment—

367b

^

58

Stores—L——-1

Wrigley

327b

---*

Sep

•

,

C

75

*

preferred

47

Sale Pries

34%

*

$30,700

i

287b

10

common

497b

Friday

497b May

237b

Brewing
Manufacturing

Champ

49%

49"

STOCKS

•

39%

—»———-—-——8

Jan

'.

22%

23 3b

45%

Detroit Stock

Jan

525

Oct

Par

68

Oct

JACKSON

Jan

87b
20%

Oct

—20

Feb

397#

Exchange

60 7* July

50

Laundry

52 7b

200

Mar

39 74

8

Cincinnati Stock Exchange

Piano

18

39"%

Jan

77

615

Consumers

Baldwin

57 3 4

397a

Jan

4

Consolidated

American

557b

-10

ANN ARBOR

Mar

33%

Sale Pries

727s

Jun

5c

507b

Last

223b July

Oct

Telephone:

3,308
323

STOCK!

Feb

Jan

769

77a

8%

Friday

Jan

Oct

18
51

Ford

Jun

Oct

Oct

43

19

57%

49

35

54

203

Jan

14

777*

14%

131

4,395

3974

•

52

35'a

Jun

124% July

Members

40% July

Oct

117b

'1,000

128 74

7%

101

10

8c

15

77

——12.50

Oct

_l27b

Stock

Detroit

5

System Inc
We-tnghouse Electric Corp

99%

20 7b

4%s———1938

Jan

28%

100

65

Jan

July

55%

New York Stock

547a

Mass RR Co

75

WATLING, LERCHEN & CO

72% July
46% Mar

37 7b

Smelting Rfg St Mining

Oct

19 7 b

35

59% Mar

61

337a

Waldorf

587a

8

Feb

(52

47

50 %

Co

42

Jun

29%

5174

——

Cincinnati Transit

—•

S

Oct

81% Mar

53% Aug
46
Jan

27%

34%

Oct

BONDS

14% Aug

101% 101%

25

4%

20r"a

99% 101%

5

(F

—7

Corp

61

171
140

16%

—

Jan

4074

587#

Oct

42% July

75 7«

Oct

53%

•

23 74

62%

403 4

Jan

9%

Oct

——•

4%

207b

290

Aug

115

Oct

—2.50

U

Vermont &

30

193

30%

15'

4 7#

2374

44

—■——1

_

ttleei

Aug

797*

•

Mach

16

125

60

Co—

Shoe

Oct

622

5

Co

Fruit

127#

34%

—100

Webster Inc

Torrington

Shoe

S

49% July

85%

*

Drug Co——
Association
Standard Oil Co (N J)—

Rubber

S

High

Low

40%

.—*

————

Range Since Jan.1

High

43%

25

Westlnghouse Electric L~~—

Jan

9%

20

Co

S

U
U

19% Jan

36

101

54

Oct
Oct

307 a

1

Shawmut
<fc

13

Oct

11%

18%

J 00

Rexall

Stone

43

12

225

797o

Chemical

RR

1,202

11%

Carbide

————J

U

Feb

180% Mar

34 %

-100

Hi

(N

Mathleson

47%
37%

Co

Union

Jan

136 %

55%

—1

System..—

Y, N H & Hart RR

Northern

73%

Oct

53%

42

pfd__100

cum

England Tel & Tel Co

Olin

Oct

120

54%

10

5^

Narragansett Racing Assn
National Service Cos——,——_
New

Oct

40 V.

27

*

Copper Corp

Star

159%

998

47%
60

Shares

Low

10

~——1

Texas

34% May

50

Ketinecott

Maine

6,495

447b
125

Oct

56

1

Co

23%

(Ohio)

Oil

Sunray

8% Mar

75%

——-o
,

62

Jan

25

*

General

7

97«

•

Co

for Week

Studebaker-Packard Cprp —_—.,—-—_*

High

18

-

•—*.—-100
j
-100

Nat'l Stores Inc'

Ford

Low

48%

-

-100

—r——

High

247#

12%

10

com

Range Since Jan. 1

5%

11%

Sales

Range

Par

Oil

Standard

75

36

—10

Co———————*

Eastern Mass St Ry CO—
b% cum 1st pfd: class A
First

5

«—:<

—

Co

Range

Shares

43

•

Corp___—_——„—_1

Calumet & Hecla Inc
Copper

43

100
_

of Prices

40'V

Week's
of Prices

Last

Sale Price

for Week

120

25

Maine

Boston Pers prop——.

25

STOCKS

15974 1677b

1645
.

_

OCTOBER

Sales

Range

2374

100

i

&

Anaconda Co

ENDED

Friday

67b

100 i

WEEK

Exchange

Week's

Low

5

FOR

37^

—

MTV

1074

Oct

3lou

37b

Oct

2,500

14%

Oct

1574

•

May

6% July

f"i9% May

Number 5685

186

Volume

The Commercial and Financial Chronicle

.

.

.

(1875)

OUT-OF-TOWN
range

Last

Range
of Prices

Shares

Low

Par

19%

Athey Products Corp
Manufacturing Corp

5

5%

3

.*

"

———;

irplane

•

W)

Foote

Budd

Company

Burton-Dixie

Corp

—_—

33%

300

26% Aug

46%

Jan

37 %

2,700

36

Oct

57%

Jan

38 y4

300

30 %

Feb

41

200

15

Oct

10

Aug

Merck & Co

Jun

Merritt

Oct

57

Oct

Middle

Oct

900

,

9%

Oct

14% May

Oct

74

200

*

59

3%

100

1%

27%

Oct

45%

Oct

1,700

V

Jun

66

Oct

1

100

i %;

'

Montgomery

44% July
18% July

28%
13

Oct

25%

Feb

31%

Oct

32%

Oct

45%

Jan

2%

Feb

Chemical

27%

28%

300

32 %

33 3 4

2,400

*

1%

1%

500

|

1%

Oct

15 'A

13%

15%

1,200

13%

Oct

9%

9%

9%

400

9%

Oct

14%

36%

36%

36%

200

33%

Feb

18

18%

200

18

Sep

52% July
21% Jan

1%

1.600

1%

Oct

3% May

200

9%

Oct

15%

Cnna,

200

24%

Oct

36%

11,200

1%

Oct

9%

10

5

26

24%

26

"■

:_16%c

2

1%

s.;ect

t'

n

10

Inc

Pacific

Canadian

——5

(Un)———L——-25

& Hecla

Ltd

;

Brewing
South

Centlivre

Central

Corp

West

&

Products

Certain-teed

34

Jan

Distillers

Gypsum

National

Lead

Cities

'

iron

Ilium

Cleveland Electric
Coleman

Fuel

Colorado

Co

Power

Consumers

Container Corp

Continental

Crane

Northern
,

States

50

Sep

62

Apr

Ohio

Edison

48%

Oct

69%

Jan

Ohio

Oil

3,400

12 %

Oct

20% July

15%

Oct

34%

Apr

Olin-Mathleson

24

Oct

37%

Jan

12%

Feb

Pan

140%

Oct

Paramount

Pictures

Parker Pen

Co

uas

82% July
70% Jun

Penn-Texas

13

13

100

Oct

20%

22%

24%

Pennsylvania RR
Peoples Gas Light

&

Pepsi-Cola Co
Pfizer (Charles)

Co

32% July
18% Jan

Oct

42% Mar

a

2,300

Oct

31%

Apr

Oct

49%

Jan

Phelps Dodge Corp
Philco Corp (Un)

32

Oct

Phillips Petroleum Co

20%

Apr

Potter Co

i

:

1,000

Oct

16%

Oct

16%

18%

38%

39

200

38%

Oct

5%

6

300

5%

Oct

463a July

Pure

13%

14%

1.g00

11%

Feb

17%

Aug

24 %

2,400

21%

Feb

36%

17

19 %

31

29%

31

27%

28 %

35%

800

I>

Ponf ^E

35

Oct

17

Ford

Co

Motor

July

Quaker

General

General

j.ox

32% May

Revlon

35%

Rexall

Jan

Radio

Steel

28

Jan

Reynolds

68

Jun

Reynolds

Oct

19

May

Richman

Bros

205 % July

Rockwell

200
500

29 %

900

28%

Oct

91%

87%

91%

Oct

162

51%

Jan

112% July

600

84%

Feb

.4

Oct

100

15%

Get

5%

5%

100

5%

Oct

42%'

44%

2,400

42%

Oct

59% Mar

Schwitzer

13%

14%

500

13%

Oct

18%

Apr

Sears

950

12%

Oct

15%

Apr

Sheaffer

1,500

10%

Oct

24%

Jan

42%
12%

12%

13

11%

10%

11%

,

72

100

2%

2

2

11

%

2,400

72

72%
10%

50%

49%

51%

60%

56%

60 %

39

36%

39

35

34%

35

38%

37

38%

25%.

Jan

86% May
3

Apr

14%

Oct

2,600

Jun

6%

1% Aug
10%

Jan

6%
17

Jan

800

11

5

Jan

68% July

47%

Oct

1.500

52%

Feb

72

12,500

36%

Oct

47% July

July

600

34%

Oct

39% May

1,100

35%

Oct

45% May

27%

700

23%

Oct

27%

40

Oct

57% July
46% Mar

Oct

Brothers

Griesedieck
Gulf

O-i

36% July
13

11%

11%

78%

200

10

Apr

Jan

79 %

200

73%

Feb

933a July

32 %

34%

2,000

32 »/8

Oct

57%

Jan

23%

25

400

23 %

Jan

30

Sep

34%

35%

600

29%

Jan

39% Aug

1%

1%

4,300

1%

Oct

*

36%

37 %

350

36%

Oct

42% Mar

14%

14%

1,400

14%

Oct

16%

Apr

—

—

9%

9%

100

9%

Oct

10

Feb

106% 111%

400

106%

Oct

79%.

23%
1%

1

Co

"5%

—25

3% J

151% May

1

Hein Werner Corp

26%

26 %

27%

400

26%

Oct

3834

Jun

1
3

.

rewing Co

12

12

12%

800

12

Oct

17%

Jan

13

13.

450

3*%

?

t

11% Mar

13 y8

Oct

28% Mar

41%

Sep

23 % July

34%

3t%

3

18%

18%

18%

100

16%

Feb

1

2%

2%

2%

1,600

1%

Jan

27/8

1
10

3y8

1,000

2%

Oct

6
29

10
Illinois
Central RR
1*
IndH
* H Products Co
1
Industrial Development
—1
Inla•
'"el .Co
*
Interlake Steamship Co
—*
Inter' a
n d
Harvester
_•
International Mineral & Chemical
5
International Packers Ltd—
15
Intern clonal
Paper
lUn)
7 50

17%

25% May
17% Oct

Hertz

Co-p
Industries

Inc

Houdaille

T

Howard

Hupd

Inc

d istrles

»;

Corposation

Huttig Sash & Dood common
Illinois Brick Co

2%

/%

25%

25%

50

17%

17%

800

33%
19%

35%

400

19

19%

1,000

Interstate

Shoe

(Un)

Stephens 6c Shinkle Shoe

Johnson
.innc

Kaiser

"»

hlin

& Light

Power

Kennecott Copper
Kim

Knapp

Kropp

Clark

'

<Un)

Co
6-

Lib)

Liggett
Lincol'

Co

Corp

5

Co

:

-mical

Linr1

(Un)

Co common
Co

common

Loe"-'
*

nc

Lytton'"

'Henry C) & Co_—




1
33M»c

43%

32%

Feb

42% July

30

31 3 a

1,340

29%

Oct

38%

27 V4

500

26

Feb

31% J

•
*

—1

7%

5q0

8" %

410

36

100

12%

12%

7%

6

41%

44%

11 %

Oct

Jan

ly
Feb

108% July

Oct

Feb

36

Oct

40 %

1

25%

0?t

37% July

200

12 %

Oct

14%

f

'

7%
84

Mar

100

2,000

6

41%
25

Feb

7%

Sep

Jan

63% July

Oct

46% May

Oct

700

23

200

80 %

80%

200

41%

43%

500

41 %

Oct

2%

2%

100

2%

Oct

3%

3

43%

28

3

1,090

3

Oct

4% May

13

700

12%

Oct

15%

Jan

21%

600

21%

Oct

25 %

Jan

12%

21%

22%
80 %

26

Oct

128%

Oct

50

Mar

Jan

Aug
Jan

28%

8

10

3,100

Oct

13%

Jan

64

8%

64

400

62%

Aug

68%

F<%

27

29

500

18% Mar

31%

S«p

30%'

39

2,550

30%

Oct

81%

Jun

12

12%

1,300

12

Oct

6 V*

500

6%

8

6% Aug

St

19% July
i

8

Jan

Co_.

Feb

16% July

Oct

12'A

8%

7%

8%

'

7%

4,000

3,200

20%

400

19%

4»/2

4%

1,200

14%

15%

2,900

!

i %

19%

14%

3

18%

Jan

30 78 May

in

7%

Ct

Jan
Feb

Oct

31

Apr

wCt

13%

Jan

Oct

22'A

Jan

Apr

4%
151/2
36%

36%

38%

1,200

36%

Oct

4d

*17%

800

16%

Oct

24% May

50%

471/4

50%

300

43

Feb

0172 July

41%

42%

200

41%

Oct

12%
37%
6%

12

12%

38%

Jan

Oct

la%

Apr

36%

1,800

63

12

400

36'A

Oct

52%

Jan

7%

Jun

6% May

6%

6%

500

33%

34'A

500

33%

Sep

39% May

53

53

100

52

Oct

65%

Jan

30%

32%

800

30%

Oct

td

Jun

34

34%

400

33%

Jan

39%

27%

29%

1,900

27 %

Oct

40

17%

18

Public

Louis

Service

(W A)

Spiegel

Inc

12%

Feb

47%

Jan

23 %

Jun

32%

34

400

32%

Oct

36

18%

18%

550

24%

25%

5,300

1

—

.1

25

9%

10%
21%

68'A

Oct

65

July

24%

P

p-7

Jan

—

20%

rp

30%

18'A

19 %

9%

9%

38%

38%

Oil Co

Producing
Inc —!_!
Co

Corp
(Un)

Century-Fox Film (Un)
So La Salle St Corp

Pacific

RR

United Air Lines

Inc

(Del)

United

Corp

United

(Un)

Fruit Co

United

State-

United

States

Rubber

S

Van

Horn

iron

Union

Wisconsin

Wisconsin
Wisconsin
W"

In

*

*

f

Inc

common

Bankshares Corp

Electric

Power

Public Service

(Wm)

59% July

38

39%

8,900

38

Oct

62

50%

Oct

41

Oct

4,600
1,300
600

13%

14%

1,800

12

12

100

3%

4%

2,900

17

15%

17%

5,450

22%
29%

20%

22%

2,300

4%

1
28

30% Oct
13% Oct

20%

12%
22 "A

600
400

58%

61%

800

55

2.

60%

30

33%

*

,6

10 y8

61%

41%
18

Jun

Apr
May
Feb

8 l/a

Ja.n

28'A

Jan

29 %

May

Oct

42%

Jan

44 y2

Apr

Feb

76

Jun

Oct

/a

luo

27%

Oct

49% May

12%

900

10%

Oct

16'A May

22%

1,040

<

21%

Oct

100

12%

Oct

133/4 Mar

600

29 V2

Oct

41%

Apr

7

1

Aug

1%

Jan

27

'700

26

out

3

%

~%

2.

J

21%

Oct

30 y2

63%

63'A

200

6a %

Jan

61

100

100%

21%

—

12%

12%

29%

31

*

1
——1
1
—*

29

32

68% July
.»■

Oct
Oct

3%
15 %

29

Oct
Jan

Oct

Sep

32

8%

15 V*

11%
*

42'A July

—

0

1

26
2-

101 % 101%
—

25

24%
lu

Oct

29 »A Mar

41%

Oct

64

25%

1,500

24%

Oct

60 A

4-W

400

J

It

ct

100

6%

Oct

40'A

41

600

40 y8

Oct

59'/a

60%

500

5iy4

Apr

6%
--

124% July

25

1 °*0

_

24%
1»%

Oct

/

Jun
Af>r

""4

25%
'

f

293/4 May

6%

Jun

30% July
42

7%

Jan

Apr

45

Juiy
65% Oct

10

10 »A

200

10

Oct

17

35%

34%

36%

500

34%

Oct

48%

55

51%

55

5,200

51%

Oct

73%

15%

15%

200

12

Jan

16

2<"/4

28'A

210

28%

Oct

303A Aug

—

—

--

Apr
Jan

Jan
Mar

11%

4,200

Apr

11% July

15%

1,%

lo/a

l.udO

143A

Oct

20%

57%
19%

54%

57%

l,;00

52%

Feb

68'/a July

17%

19 %

1,300

17'A

26 Vt

*
•
10
10

123/4

13'/a

200

12 3A

Oct
Feb

20
29%
19%

19

20%

500

19

Oct

23'A

(Un)

29

29%

200

28%

Oct

33% May

19%

19%

800

19 y8

Oct
Oct

23

Jan

45

Jan

11 /8

10'/a

8'A

Jan

F-b

15% July
.

an

39%

40

9i0

39%

79%

79%

100

76'A

Jan

9"/2

9%

1 u0

9%

i:>%

Jan

76%

76%

100

Oct
Oct
76% Oct

88'A

*

Jr Co

200

93

*

>IHKf I

Youngstown Sheet &
Radio Corp

Zenith

Feb

a

r*»

Wrigley

Jan

43%

5

"0

Corp
Stores

Wieboldt

Jan

5 Va

700

53%

10
Telegraph

Westlnghouse Electi

Whirlpool

37%

500

30%

1
2%
" Hi

Inc

,

Western

100

43%

"

Work*

Co

Walgreen
W

'Un-

Corp_

8tpel

U S

.yp-".r

Industries

Co

Jun

Apr

7%

50%

25
10
10
1
—*
.4
1
5
10%

California

of

Oil

Uin

12%

45%

41

*
10

vuip

r-

Oct

Jan

26ya July

38%

30%

'

<

Union

39%
52%

25
7

5

Toledo Edison Co——

32 9A

18

7

25
3.33%
—50c
*

Gulf

Jan
Oct

26'/a

2,800

45

(Un)—7.50

Products

(The)

-aruiut

500

«:

Jun

25% July

9%

200

1
B

Oorp
Tool

Company

Electric

46%

29'A

—.—10

Corp

Jan
Oct

I

-

Corp

Continental

33

34

10
5

"To>

Furniture

Radio

Oct

20%

b.J

*

(Ohio)

Tool

'

18%

Co

Electric

.a

22%

400

1

21%

301/8

-N

Sunray Mid Continent

"

a*

Oil

Macnlne

Apr

Oct

1

Inc (U11)

Studebaker-Packard

32%

60o
2

Service

Cotnalti»"

Oct

47 y2

•

Urn

J

21%
47%

OH

Union

Jun

11% May

200

1,700

Standard

Union

11%

9 % July

9% July

4u0

1,900

Standard

Stewart-Warner

•

49%

—0
(Un)

Public

Tranbuuit-rira

Jail

5

Works

Co

Corp

Power

29%

50%

Indiana

Texas

Oct

47%

of

Co

24'A

48%

Oil

Texas

25% Mar

49%

6

Standard

Sylvanla

Oct

Oct

10

common

Sundstrand

Oct

18

200

ya

•

Storkline

9%

2,; >0

10

10

1

208

10%

21%

CalUoinla

20tli

9%

1

ol

Tr;

6oya July

Oct

Oil

Trav-ler

31% July

Oct

Oct

Dredging Corp

Thor

Oct

41

16%

Brands

Textron

26 %

24%

24%

Standard

&

Oct

300
200

23%

700

9%

Standard

Swift

22%

25%
41

22%

Standard

8ton»

Jun

950

24%
41

1

(Un)

Rand

Oct

8

100

<Unt

Pacific

Sperry

J«ly

61%

34%

600

16%

Strapping

Southwestern

Jan

o*y8

700

Pen-

Lathe

Co

10%

oct

40

59%

27

Com

Bend

Jan

July

Oct

200

34%
58

1

Southern

59%
38

52% July

8

37

1

Oil

Southern

8

Oct

22% Mar

16%

Co

Socony Mobil Oil
South

500

24%

B

Steel

40%

2,700

26%

59%

12

Class A

Sinclair

45%

24%

5
1.40

class A

-

&

40%

26

Sep
May

23% Aug

16% Mar

300

45%
„

5

Corp

Roebuck

Signode

29%

20sr

Schering Corp new com w i

Class

34%

_•
-

St Regis Paper Co
Schenley Industries (Un)

U

25

21%

1

Jan

Jan

79

500

22%

13

25

12 %

99

9% Aug

100
200

6

*
7

t ibbv

*; Myers Tobacco
Printing

—

4

common

common

"11 Ar

*

23% Jan

Oct

82

273A

33%c

(Un)

Jan

10%

84

~7%

*
(0

Oct

Jan

63

26

31%

(Un) ——8.75

Corp

Monarch
Forge Co

Lacii

Leath

''tccl

Alum 6c Chemical

Kansas

•
3.50

22%

35

10%

Co

Co

Power

19

July

80

36

International Tel & Tel

33%

Jun

May

34

.

International

.y

1

Organ

Heim

Oct

3

(Un)

oorp

Hammond

Oct

31

_•
1

ciass A

Greif Bros Cooperage

Cirp

33

100

1

Dredge &c Dock
Great Lakes Oil & Chemical
Lakes

ore

500

5

Stores

Drug

35%
31

12.50

.

Gray

42

31

—8

—u

Goodyear Tire & Rubber Co
Gra. i
'i v Steel Co
.Great

40

34%

Goldblatt

10

—•

400

10

:

(Un

14%

(Un)__l0

Dutch

200

5

Products Co

Glidden Co

Royal

4%

1

Utilities

300

2.50
1

a
.

Tobacco cl B

(R J)

15%

4

'•phtiiie t'orp
—
11
General Tire & Rubber new com__83V3C
Gerber

Drug (Un)_
Metals <'0

15%

•

15

10

Spring & Axle
Petroleum r-n

17 %

170%

—166%

Corn

ors

Public

General
vien

41% May

Oct

Oct

28%

,

Dynamics Corp
Electric Co
■

Oct

29%

_

General

14%

1

18

170%

1

;—;

Corp

General
ex-

.

5

16%

(Un)

16%

1,500

162

Corp

Inc

49%

200

2,650

2

Corp

Contract

General

15

B

Feb

19%

2.50

Transportation

Amer

j

,»
5

Co

Oats

27%

52%

10
1

28%

•

600

37%

Auto

Drive

Four-Wheel

13

100

•

Indiana

(Un)

Corp of America (nm
Raytheon Manufacturing Co

18

2

Fruehanf Trailer

100

fi

of

10%

49%

Inc

Dairies

Foremost

200

13

29%

1

Co

47 % May

5

America Inc—

Flour Mills of

45

13

291/4

•

Oct

1

Corp

Jun

44%

29%

3

Oct

18%

Phonograph (Un)—5

Brewing

Falstaff

51

„t

45

12.60

(Un)

5%

1
10

(Un)

Co

&

Oct

Jan
Mar

1

tUxij

Company
Oil Co (Un)

5

Kodak

Eastman

Emerson Radio

(Un)„

Inc

Lines

Air

Eastern

Nemours

He

61% July

25

(Un)

29%

52%

1

Drcwry's Ltd USA Inc——

28

a

.

Coke

200

5

Dow Chemical Co__

—

2,800

5%

5%

5

Detroit Edison Co (Un>_—
Dodge Manufacturing COrp—.

Oct
Oct

Apr

10
—20

common;,——

&

Pullman

22%

23%
39%

,1

(The)

Service

Jun

14%

5
1

Public

8%

23%

25

—

20%
42%
5/64

200

1,300

16%

14% 'Oct
36%

300

23%
41%

0

1,400

8,b0()

23%
39%

10

3,400

%

44%

39%

common

Corp

a

22 3

52% May

Oct

-

15%

43%

Oct

1,900

2%

37 7

20%

Jan

43%

300

31%

25

14%

5/64

20%

30

1,300

43%

prior preferred

36%

17

5
:—10
1
—5
25

—

Corp

common

convertible

15:,«

42%

Jan

Oct

"

30

Warrants

36%

it*

Jun

43%

US

(Un)

class B

43 % May

22

17%
77 %

1

Un;

(Un)

Oct

Jan

15%

Oct
Oct

14%

550

14V2

13%
57

3,900

59%

0

Corp

Airways

Peabody Coal Co

49 % May

Oct

2

ifilecuu

&

World

Amer

'

31%

Z.-7.50

31

43%

18% Aug

Mar

•

)

Chemical

15%

57

12

py.

Un

Oct
Sep

Republic

t)n

Co

Oct

Pacific

1

Co

13%

14%

10

Oklahoma Natural Gas

500

Manufacturing
Co

15 %

5£

0

300

1
*•

Mar

Jan

Co--

(Un)

Bancorporation

31%

Curtisa-Wright Corp (Un)
Co

Power

(Minnesota)

200

22% Oct

8

'

31

America.,

Steel Co

&

33

Jun

—

Cudahyt Packing Co

Deere

400

Jan

Co

Crucible

34%

46%

—

of America
Co

Co of

33

51

—-—a——

Can

Continental Motors

Controls

34 %

B

5

Oct

— -—

—

16

Oct

n

Rights

Jun

9,400

Oct

Consolidated Cement Corp

-

Jan

16%

Jun

500

39 % Jan

16

Co

30

a

8

Jan

49%

24 7

136% July

Sep

18

35%

•

Oct

29

41 %

100

•
25

93'A

300

Oct

300

;

45% July

700

28%

2,500

common-.

Apr

94%
29%

38

16

33%

(Un)

Edison

Commonwealth

38

1,100

35%

Corp

Iron

&

Columbia Gas System

351/2

93»A
29

1,900

3%

12

100

93%
29%

16%

49%

Inc

Co

Sep

30%

49%
32

1

May

1,000

16%

30

*

_•

28

20%'

28%

35%

—

common

Oct

19%

16%

5

Cliff's

''eveiand

19%

20%

30%

Corp

——15

Oo_

Service

City Products Corp___„.

July

*

(Un)

Ry

64%

50

34%

10

Car

Pacific

1,900

Jan

32

38%

300

69%

30%

34%

Oct

May

64%

68%

12%

201/4

'

25
10.

Clirysler Corp

26

Jun

2,100

Northern

8%

Oct

6%

23

7,000
1,000

28%

Jan

,125

Jan

30

8

22 V*

17%

2

Jan

23

7'A

22%

Oct

800

Jan

5%

1

Aviation

10%

1,200

45 % Mar

Oct

36% July

(i»f

9%

Oct

2%

12%

Illinois

25%

40

39%

Oct

Northern

125

23

30 % Oct

200

1,100

'

Sep

52%

125

3

7%

31

8%

8%

39%

17%

52

24

25%

2,600

32%

2%

100

Oct

-

41% July

1,300

18%

16 »A

Oct

19'A

900

14 V4

30%

Feb

17%

Jau

Oak

y8

Apr

18%

63%

Oct

15%

Feb

18%

5

Corp

Northwest

12

.

&

66

Oct

•

Illinois

31% May
11 % Jan

16%

St

Milw

Chicago

American

42% May,

.

Oct

14 "A

I

North

Oct

48%

40%

RR

Northern

Feb

14%

Chic

;

37%

900

39 %

1

Jun

Jan

52

52

99 % July

Oct

31%

30%

Jan

Feb

27%

150

I

58%

700
1,400

-

10

Jan

1%

.

32%

7%

MIg

American

27%

Paul
Pac
•'
Northwestern Ry com
* <■
Chicago Rock Isl & I'acitic Ry Co
)_•;
Chicago South Shore & So Bend—12.50
Chicago Towel Co common—
_♦

Chesapeake & Ohio Ry (Un)

&

North

34%

19%

Oct

5

(Un)

(Un)

Central

700

18%

Jun

6%

1

Co

Co

Tile

York

200

19%

:

Jan

38

-

200

1 [
25 i
25

Champlin Oil & Ref common.
$3
convertible
preferred—

~ 78

1

National Standard Co

Aug

12'A

Jan

1,200
1,100

40%* 44%
14'A
14%

cl A-*

conv

Chem

&

Oct

8

Jan

Jan

*

National

New

74%

7%

34

400

15%

10%
31%

'30%

im

National

1%

8

July
21% May

300

27 % 4 28 %

—

•
common

Cylinder Gas

36%

8

1

(Un)—_—.

May

350

6%

5

Co

National

,

27%

1%

(The)

ixiduatriej.

napco

35%

27%

Ward & Co

Vernon

27%

5

Corp

11%

100

37

-

6%

41

(Philip) & Co (Un)

200

..

32%

•
2

Muskegon Motor Specialties

21% May

5

10%

12.50

von>

400

36%

,

10%

-

Service—.. —10

Public

Illinois

Central

36%

--1°
(Un)__—*
—50c

Carrier Corp common
Celanese Corp of America

2%

11

10%
32%

77

Co

Mount

National

Calumet

11

32%

•
10

(Un)

Morris

35%

1%

*15

1

Cement

Manufacturing

35% May

26

900

Co

Fuel-

Portland

Modine

Oct

700
300

13:)

15

1
10

«si Mfg

Mississippi River

Mar

29%,

32%

15

4

y

4

36%

12.60

Utilities

Brewing

Monsanto

13

-

Minneapolis

50% July

27%

4

South

Oct

37 y8

6,600

Scott (Un)

&

Chapman

Missouri

Jan

31

40%.

36

162/3c

Minnesota Mining

May

1%

37

Oct

'

July ■*.

37

(Un)

Mickelberry's Food Products

May

4%

Oct

600

47

IS

Metropolitan Brick Inc

»

7% July
18% May

5

31%

~10c

Aviation—.

Eastern

California

Cement

39%

.

»

33%

(The)

Jan

29%

.

1

Aug

;

14%

37%

5
1
5
——12.50

Burlington Industries (Un;
Burroughs Corp (Un)

fffg*

Co

Meausa Portland

40 (a

—.—20c

Works—

—

Low

Martin

Apr

-

_—10
5

Corp—

Gear

-Range Bines Jam. 1

High

29%

10%

700

61%

1

5
5

:

:

.

Borg-Warner Corp
Brad

Low

500

24

2,800

10%

47

8

—;

Corp—

Shares

31%

Sep

33»

-—I—1

Co

—

Fisheries

(George

Borg

(Un)—

Manufacturing

Boeing

f*r Week

29%

Jan

27%

29%

Inc (Un)—•—pi

Corn

Steel

Bale*

Range

*

900

8 %

_

„

9%
61%

10%

—_

Bethlehem

Week's
•f Prices

common

100

5%

8

<•

Bearings Inc ~——:—__^_50c
Belden Manufacturing Co—
j.—10
Eendix Aviation Corp —:
5

Booth

Par

High
28%

9

200

17%
40%

39%

40 %

Bailey Selburn Oil & Gas class A
1
(Un)
——13

Consoiidatect

Last

Sale Prist

Oct

18%

3,800

9

17 %

-—10

Co

19%

9

Baldwm-Lima-Hamilton

Binks

Low

High

xl8%

10
4

5%. non-cumulative preferred

Eenguet

Friday

STOCKS

Marshall-Field

—«—10

Lastian-Blessing Cor

25

Range Since Jan. 1

Topeka & Santa Fe—

Atlantic Refining

october

for Week

Sale Price

Common

MARKETS

ended

Sales

STOCKS

Avco

week

•-

Week's

Friday

Atchison

for

39

Tube

——

*
*

HO

110

110

Feb

121

J m

124% July

*

The Commercial and Financial Chronicle
40

.

.

.

Monday, October 28, 1957

C1876)

OUT-OF-TOWN MARKETS
RANGE

WEEK

FOR

OCTOBER 25

ENDED

Week's

Sales

Range

for Week

of Prices

Shares

Friday

'

'

for Week
Shares

Low

Par

Range Since Jan. 1

185

43%

462

37% Feb

42 %

42%

42%

7

7%

530

1.05

99c

1.05

1,350

(Uni———'
Juneau Gold Mining Co.——2

46%

46%

620

2%

200

Alleghany Corp com (Un)———1
Warrants (Un >
Allied Artists Pictures Corp——
1

5%

Aeco

Air

5

Laboratories

Abbott

Corp
Reduction

Alaska

■,—-1
10c

L

Corp

Co

(Un)—

Ltd

Aluminium

(Un)—
Mfg Corp (Un)—

Avco

Barker

Bros

Diamond
Chica

Bond

Stores

Borden

11

Feb

21 %

July

Oct

36

July

11%

Oct

17%

6%

67a

250

35%

337

117b

11

Oct

38%

41 %

1,335

38%

Oct

165

6,096

160%

Oct

72%

752

27%

29'%

1,194

44

4.639

40%

Oct

72% Jan

24 %

591

22?«

Oct

42%

Jun

23

%

596

20

Feb

27%

707

44%

Oct

65

Jan

Case

I)

(J

(Un)

6'.

6%

Oct

9

10'.8

29%

29%

Rights
Con

Corn

Oil

Products

Cran©

Co

Crown

©f

$1.25

Jun

Hawaiian

13'«

32%.

4%

6%

14%

14%

55

14%

5%

Hilton

00%

Jan

3%

Jan

14%

Jan

Jun

Holly
Home

Oil

Oct

45%-

Jan
Jun

Howe

660

13%

Oct

21% May

Idaho

5%

Sep

7% Mar

7% July

61

July

11

310

10%

Oct

16%

9%

955

9%

Oct

14%

Jan

380

36%

24%

25

34% Feb
22

393

Oct

35%

19%

20

302

19

Oct

23

36%

377i

1,040

36%

Oct

43% May

14%

15%

445

13%.

Jan

5/k

47tt

5%.

12,727

4%

Oct

10%

Jun

25 ' 26%

69(5

Oct

36 %

May

1%

17 it

25
1

100

Feb

Jan

Central

Johns-Manville

2] J July

Jan

Kaiser

677b
12%

69%

918

11%

12%,

4%

67%

1,547

4Vb

400

8

8%

187a

187b
53

al4

Oct
Oct

4% Oct

482

49

11%

747

1

1,355

6

11%

July
Jan

Lear

Oct

31

May

Lehman

Oct

al2%

al4

305

13%

Oct

26a»

1,075

25%

Oct

68%

Leslie Salt

Jan

20% July
Jan

Libby

El

Paso

72

8,002

64%

Oct

82

July

Liggett & Myers Tobacco

48%

50'.,

922

48%

Oct

70

May

Litton

27b

3%

2%

Oct

56%

56%

370

56%

Oct

76

22%

25%

1,732

22%

Oct

32%

24(2

15%

•

1,317

Common

Fle-^trlc
Electric
*

.

class

25%

453

24% Oct

353a

%

23%

785

23%

35

15%

4,539

36%

Oct

Auto-Lite
Bond

For

&

Lorillard

Jun

11%

Oct

17%

111

12%.

Oct

19%

36%

Oct

M

Jan

footnotes

41%

760

41

Oct

45%

Jan

Martin

28%

513

28%

Oct

51% July

Matson

15

375

14% Aug

16

Sep

McKesson

146

4412

Oct

48

%

Jan

Meier

5,960

5/64

Oct

%

Oct

Menasco

*

a41%

5/64

a

42'4

5/64
40

40

578

40

Oct

Ind com—2

10

10

165

10

Oct

6

Oct

;

l

28% July

Oct

17%

1,994

30 a31 "4

231

37c

9,700

—

Frank

&

Mfg

47% May
Jan

Merck

&

Co

1,220

1

Oct

2%

Apr

33

185

33

Oct

56 %

Jail

500

1/128 Oct

1/128

Oct

.

613

111%

1,375

1%

Oct

37%

1,049

35%

Oct

14%

14%

1,640

14%

Oct

16%

17%

363

16

Oct

34%

16%

150

16%

Oct

29% July

380

Oct

39

33%

23,352

30%

Oct

58 % May

21%'

300

21%

Oct

24%

21%
8%.

8%

4.579
210

16 %

17%

18

1,117

70c

70c

Aug

1.10 Mar

13%

Feb

22% May

33

Oct

40

40%

40%

575

40%

Oct

70

Jan

6%

470

6%

Oct

18%

Jan

48c

12,800

33
—

63

6%
40c

1
—1°
•

8

55

82c

Jan

55%

961

55

Oct

74%

Aug

313

33%

Oct

61 %

Jan

17,500
150

31%

2,982

30

Oct

70

560

70

Oct

114

87%

87%

458

87%

Oct

106% July

26%
7%

27%

1,705

26%

Oct

37% July

8

5,700

55c

rr

60c

3,100

27 %

7%
55c
38%

38%

Oct

52 % July

41%

Oct

03% July

25

Oct

12%
" —

2.60

Oct

34 % Mar

Oct

(Un)_12'/a

20

350

3,082

8

29%

Jan
Oct

14%

14%

14%

27:%

27%

720

a37% a38%

210

"—5

16%
16%

565

Chemical

Montana-Dakota Utilities

13%

Montgomery

Apr
47% Aug

Motorola

&:

Ward

Inc

Diablo

,

.!

National

47% July

National

National City .Lines.
;—1—,—,.1 Nal'l DLstillers & Chem Corp (Un) —5 "•

Apr

Auto

Fibres————;.

16%

Oct

22

Apr

6

66

Sep

70

Mar

National

Gypsum

42

Oct

52

Jan

National

Supply Co

7.50

12%

12%

122

12%

Oct

19

Jun

National

Theatres

5

63

500

1,463"

51%

Oct

3%

Oct

49 %

-

Oct

68

Oct

57% May

52

2,840

39%

38%

40%

1,162

1

(Un)_

49%

._50c

3%

3

3%

360

3

—-.5

170

170

170

837

170

91

6%

Jan

Oct-

Oct

28%

Co.

28%

Co (Un)__

395

28%

89

731

82% Mar

25%

29%

25-25%

„

(Un)—-

28%

87'%

—

32%

25%

29%
24

Oct

New England

Jan

;

6

Apr

July

Nordon

~

3,221

1,393

32 Vb

205

25%

437

25%

Oct

25

Oct

40% July

28%

Oct

40% July
32% Jun

24

Oct

2%

Jan

go st,

A-.g

67%

Inc

(Un)—

1.434

29%

Jan

56

2,474

26%

Oct

57%

12%

2,521

12

Oct

22

27%

Oct

38% July

12

a2G% a27%

115

26%

1,596

37c

47c

33,713

27%

a

,•
•

.

American Aviation

Amer

*

/

Invest

6**

preferred _—
,5%'f. preferred
:

Northern

Northrop

Pacific

Aircraft

(Un)

common.—

Railway
Inc

.-.

t.Un)

31%

Jun

315

2 7'%

Oct

808

20%

Oct

26% Aug

24

1,025

23%

49%

a51

260

53

11

360

May

30%

Jan

47%

Jan

Oct

33

Feb

Oct

61% July

10%.

Oct

13%

Jan

377

4%

Oct

7%

1.620

1.95

Oct

6 % Mar

39

1,361

29%

Feb

42

9%

Oct

18'V

4%

1.95
36 %

2.60

■

Apr

July
Jun

10%

250

al4j/s al5%

306

15

Oct

122

31

Jan

37%

Jun

Jan

Oct

13c

19%

Oct!.

42:% May

Oct

37

May

30%

32%

30%

Feb;

41

July

19

310

18%

Oct

26% Mar

30%

32-%

1,681

30%

Oct-;

39%

39 3 i

40%

660

37%

Feb

49%

Jun

4%

1,000

3%

"

Aug

11

11%

788

39

551

35

20%

200

20%

Y0%

20%

2,412

-

20

3c

5

Jan
■i

13 3i

Feb

11

7%

July
r

---1,4)35^

20%

Jan

20

40

Aug

Oct;

24

May

Oct

«

28

.

May

a 37%

134

35%

Apr

45% July

415

37%

Oct'

50

8

7%

605

5

5%

1,100

5

14

14%

810

14

'7'*

,»

%

42c

-

42c

Jan

9%

7% May
*

Oct

Oct'.

Sep

8

Jan

-■

17

1%

Jan

Apr

1,100

-

-

%

Oct

1,381

18%

Oct

36'

1,241

-

19%
27%

-<

26%

Oct

31% Mar

15c

Feb

13,095

45c

_

97c

July

July

1.85

1

.

1.70

1.85

7,925

1.70

3%

Jan

22%
19%

—1

25 .
255
.1,"

18%

22%

26%

10,980

20%

Oct-1

39-%

Jan

18%

19%

475

18%

Oct

22

Jan

21

21%

300

21%

Sep ;

505

19%

Sep

21 %
2234 V2
„17%

%

-

22

213§
16%

35 7

-

—

1,483

a

18

h

Jan

a33 a37%

a35%

1

S

21% July

32%

28

_r

.1

North:

82c

380

11

1

-1

Oct

1,726

26%

;

37c

942

System

Co—

Oct

27

13,900

Power

Corp Ltd
Oil

Jan

Jan

21

10

.

July
Jain

16%

35

:

..

Oct

43%

34%

28

1
5

(Un)
(Un)

North

Jan

112% July
44 % July

Co

Electric

Mohawk

•.Niagara

201

50

Jan

Oct

455

4c

1
(Un)—.1 % 14%
New Idria Mining & Chem Co.
50c
'
%
N Y Central RR Co (Unj—
:•
18%
Natomas Company

Jun

'

38%

13%

1,500

21%

—.10

(Unk

Biscuit Co

456

3%

3,081

1%
65%

Jun

67

3%

Oct

1

9%

1

8

39

18%

32% Mav

43%

60%

8

Jun

4%

*

Jan

42

60 %

46%

3c

1

Jan

251

32% July

Sep

32%
40%

*
—3

Oct

16 %

Oct

39%

18%

13 y2

22

22%

897

28

—

27%

16 %- Oct

191

1,062

40

31%

-2
—5

i—:

Jan

8%

5%

19%

4c

39%

113

Oct

Jan

47% May

25%

32%

.5
10

^

67

1

tUn)^

Co

(Un)—

•

I'_,

(Uni

Co

'

16%

5

17% May
121%

5%

4%

43

9%

Oct

10%

a49%

23

31%

34

23%

568

29%

4,272

20 %

2,381

30%

Oct

35%

46% May

Oct

81%

27 %

1,375

_1

7%

684

32%

23

-50c

9,674

82

39%

*

5%

Monsanto

6,642

9%

34

47c

44%

Jan

28%

24%'

43

(Un)

25

38

5%

5%

Aug

493

2,191

30%

5%

58% July
Jun

80c

38%

03%

44%

37%

12% May

44%

8%

5

Oct

Oct

Jan

7%

7%

39%

10

Oct

Jan

30c

81%

—

al5%

2%

Jail

22%

,

1

17%

Jan

38%

27%
9%
82
35%

Merritt-Chapman & Scott (Un)—12.50
Middle Sout^ Util Inc
10
Mindanao Mother Lode Mines
p .10

3.662

35%

38%

Oct

21%

41 %

Merrill

i

May

22c

Apr

14c

21%

70

Apr

Develop Co (Uni—.
Mississippi River Fuel Corp.—

12c

13c

31

Jun

Mission

Apr

30%

--

__16%c

Ltd

38c

21%

13c

25o

Co

Jan

33%

40c

33%

Jun

2.640

.25% July

17% Feb

150

6%

3%

Feb

Jan

200

68%

20%

Oct

1,317

31%

9%

Jan

13%

22%

Oct

8%

16%

16

Feb

2%

26%

35

Oct

17%

Feb

26%

16

47%

1

Jan

May

33

28%

50c

Apr

30%

70c

865

Oct

47% July

150

106% Oct

16%

150

6

,

26%

—

345

—u

675

1

106% 111%

32 •«

6

4% Julv

3% July

1%

35%

--

30 3

23

Oct

41

16

49%

Petroleums

93

16%

6

a

July
56% July

41
1%

14-%

29%

10

Aug

79 % July

61%
74

—1

—

(Un)

Inc

38c

Oct
Mar

188

362

10

Inc

Co

Petroleum

HTprohntits

14%

Inc (Un)^

Co

Aug

1%

•
18

(Un)

Co

Robbins

&

36%

Oct

16c

Jun

21% Aug

Oct

15

33% Sep

78%

—5
-1

Co

Navigation

3%

61 %

37%

47(4




46

Jan

2.10

"

1/128 1/128

30

page 46.

Oct

24%

b

78%

10

——

14%

_

see

33%

1

10c

(Un)

Macy & Co (R H) common
Marchant Calculators

Jan
41% Mar

Mar

575
112

33 V

(Un)——Z—.—4

(Un)

Co

(P)

May

900

35 3

i a 24%

41

Corp
1
(Un)_———*

& M Oil Co

J M

Oct

2.25

a

Aircraft

Inc

28%

,

Co

28

;

2.15

10c

Lone Star Cement Co

50c

—5

Share

93% May

July

1,179

37%

Loew's

Jan

41

-_10

B_—

Oct

25

(Un)

Inc

Industries

Lockheed

Jan

July

14 %

all% al2%
41%

4%

24%
23

25

■

Gas

61

20%

25c

64%

2.50

common

(Unj

48% Mar

1,652

78%

Ltd

3%

Lines ftJn)'_:

Natnral

&

Petroleums

50*4

•

Co

22%

106

23 5 «

35c

Libby

Co

McNeill

Liberal

37%

Oct

28

9G3

a44

20%

617a

~1
10
7

(Un)

Corp

May
May

15

50o

Inc

*

Inc (Allen

Kodak

45

a3l

-*
2%

(Un)
Kern County Land Co

69%

5

Co

Oct

10

Kennecott Copper

98%> May
17% Jan

1

(Un)—

&

4,166

36 %

2.15

4

25
10

1

-

393a May

34%

Corp com.—33V:iO

Industries

Oct

8

18%
49

25%

•

(Un)_—

Co

Oct

38%

34%
36%

a22%

10c
5

(Un)

Corp

18

10

Calif

962

25%

10c

Laughlln Steel (Un)

&

Jones

Norris

Eastman

(Unt

Co

Oct

;

Co

deNemours
Air

RR

13

1

Industries

Eastern

Co

Oil

Jade

Mt

of

33% *34%

16 % May

•

J

July

5

a41%

-.1
International Harvester
•
Internatl Nickel Co of Canada (Un)—•
International Paper Co (Un)
7%
Tnternational Tel & Tel (Un)
•
Intex Oil Co
33%c

Jan

14%

Maryland Mines Corp (Un)

1.33Mi

[

July

19

Feb

22

1

Imperial Development Co Ltd
Interlake Iron Corp (Un)

50% July

37%

2.50

com

19

Jan

4%

12.50
10

;

<Unl_

Co

Cement

Illinois

Jan

9%

Sound

Ideal

8% Mar

lOW,

36 %

Jan

15%

105

—"

A—

Co (Urn

Homestake Mining
Honolulu
Oil Corp

25%

127

15%

415

1

Ltd class

Co

256

7%

600

'

2.50
50o

Development Co

Mar

8%
17

1,313

1

47% July

17

—

(Un)

Electronics

Feb

Feb

48% July

Oct

8 %

Hotels Corp.-,

33

52

Jan

36%

16

38%

—25

:———

19%

977

41%

14,886

*4%

a

1

Pineapple

Hoffman

273

5%

77-.

Jan

Oct

450

21%

13%

18%

3,030

337 V

21

12% Sep
29%

8,565

55

33

21%

466

39 Vb

17

7%

preferred

1,363

25

Dorr-Oliver Inc common—

duPonfc

Jan

4%

Jan

46%

a4-%

1

A

•

Co-

-

Lab

13c

Feb

360

.

b

Chemical

Oct

class

Co

13%

(Un)

America

preferred

DuMont

Gc

Oil

Hancock

13

Domlnguez Oil Fields Co (Un)

Dresser

Jan

Apr

36%

Jan

13%

Giorgio Fruit Corp class A

Dow

13%

%

7%

44%

*
3

(Un)_.—

72% July

Oct

700

39

(Un)——1
Gulf, Mobile & Ohio RR (Un)
*
Gulf Oil Corp (Un)
25
Hammond Organ Co

G8

Feb

3%

3,079

4%

Aircraft Engineer

Grumman

Oct

52%

2,867

July

3%

5

com—

Jan

Jun

46%

52

60 3

Jan

24

17%

56%

July

45%

26

49%

18% May

Oct'

787
377

51

May

Sep

%

28%

al5% al7%

G0%

1

(Un)

Co

Oct.

1271

alG%

10
10c
10

Greyhound Corp

Kaiser Alum & Chem

(Urn

Corp

Aircraft

10%

30%

Denver & Rio Grande RR (Un)

Oil

3,881

31%

;

Oecca Records Inc

Douglas

15,447

2.90

52%

—5

Great Northern Ry

July

6,200

Oct

1
*
Granite City Steel Co (Un)_
.12.50
Great Lakes Natural Gas "rights"——
Great Lakes Oil & Chemical Co
1

51 %

12,500

24

(Un)

Graham-Paige Corp

52

6c

25

Douglas

Goodyear Tife & Rubber
Grace (W Rf & Co (Un)

Oct

37 b

24

1,783

Jan

71 %

Oct

^—1

Corp
McBean & Co——
Glidden Co (u11)
—
Good Humor Co of Calif—
Goodrich (B F) Co (Uni.

Oct

3

Feb

10%

'

—

Gladding

33%

6c

.-

Products

Gladden

36%

Gc

Oct

38

3,625

(Un)————~——5

Brothers

Gimbel

188

3%

13%

4,868

12

—..83 %c
10
:
—*

Gillette Comnanv

2,470

11%.

4,429

46
,

—

Getty Oil Co common

32

10%

Ruober Co—r

&

common

1%

10=,.

14%

—10

(Un).

Jan

(Unt

Publishing Co
Curtiss-Wright Corp

S3

New

65 7

Jan

59% May

993

5,892

Jan

common

Curtis

Class

Tire

General

Oct

1%

64

Oct

45%
44%

Mi

Gerber Products Co.——_

43%

Oct

Oct

42%

43

*

General Telephone

359

1

43

Jan

42%

Service Corp (Un)„10c
General Public Utilities (Un)
—roe

48

a

10'

Public

47

41 '/a

Oct

July

43%

—

preferred

1st

General

22%

1%

6%

35

7

Paint Corp common

General

65%

Co

Zelterbach

Deere & Co

General Motors Corp com

23%

(Unt—

Cuban American Oil

Di

General

Oct

36:,b

10

Corp

Co

Crucible Steel Cc

General

Oct

(Un)

Refining

Oil

General

33%

(Un)

Cresimont

General

Oct

30%

260

7%

Oct

4%

7%

26 %

11% Oct

,

Continental Copper & Steel
Continental Motors (Unt
Continental

General
General

Oct

a

45% July

25%

27%
14%

1%

31%

Jan

24

30%

40%

43

Oct

347«

24

100

May

Oct

20%

218

Corporation ———;
2
Amer Oil of Texas—————5
Controls
Dynamics Corp
1
Electric Co (u11)
6
Explor Co of Calif
1
Foods Corp (Un)..
•

Garrett

500

b

466

13 %

385

43%

Apr

May
8% July

1.578

10%

10%

Feb

11%
61

22 %

40%

29%

July

Oct
Oct

6%
43

36%

46

175

I—-;

Jo

14% July

2.05 May

35%

14%

al2% al37b

1

—

Can

Jan

Oct

35

20%

11%

920

Co I (Unt

Power

—

inental

Apr

B

Jan

85c

50

1

11%

(Un)

Edison

Jan

14%

Jan

20%

2,880

1

37',4

(Un)

com

Solvents

Consumers

Oct

378

41%

Oct

6%

36%

2

Dairies
Calculating Co
Fruehauf Trailer Co
Foremost

11%

Syst class A

Foods

9%

Jan

6%

Oct

10 %

4%

22

IS

Motor Co

Ford

337a

(Un)
Electrodynamics Corp

Consol

7% July

6%

5

Frlden

11%

Consolidated Edison of N Y
Consolidated

6

Oct

10,300

Jun

29

9

12.50

-

& Iron

Commonwealth

Oct

4%

1.00

6%

a45% a45%

Flying Tiger Line Inc (Thei—.—
—10
Mach <fc Chem Corp

363 8

Corp

—;

Commercial

Oct

2-%

890

85c

*1—5

—

__1
10

,

(Un)

System

Jan

6%

1,290

7,252

3% Aug

1

Gas

11%

1,465

3%

77 b

5,800

1

-

(Un)

Products

Jan

5%

5,495

•

B

563b May

6%

25

Chicago Rock Island & Pac (Un)
Chrysler Corp
Cities Service Co (Un)
Clary Corp
Climax
Molybdenum Co—j.—

Class

26%

Oct

2c

Ltd.

Chesapeake & Ohio Ry

Columbia

Oct

40%

4%

of America

Fuel

18%

177

5
1%

Co

Chic Milw St Paul RR

Colorado

5,360

6%

5.50

Railway (Uri)

Columbia Broadcast

20

n39 a40%

187b

4%

——5

Oil & Refining

Champlin

Jan

July

0%

—

Certain-teed

32

4 Vh

1
1
—15

—

(Un)

Oil

Corp

19% May

Oct

1
2
5

(Unj

Selanese Com

16%

Oct

30

5c

Caterpillar Tractor Co common
Cenco

Oct

15

781

8
2

_

& Co.

11%

1,058

p 1
1

Corp
Ginger Ale (Un)

Corp

150

16

1

Co—

Airlines Inc

11%
U28b

1,113

~6

Food

Aug

44%

58% July

Packing

Carrier

July

33% Oct

(Un)—

Natural Gas

Canso

43

1,010

Mill—

California Ink Co

Capital

Oct

36%

*

Pacific

27%

Jan

40%

6%

9%

Canadian

77%

2%

1
5

Atlantic

Aug

33%

——.

Canadian

70

5
1

common

Industries

Dry

Jan

Jun

44%
11%

5%

Canada

18%

63%

179% Mar

20%

Budget Finance Plan common—50c
6% preferred
——10
Bunker Hill Co (Un)—:—
2.50

California

May

100

Corp—-—;

Cement

1,599

8% Mar
56

3% Aug

Corp

Burroughs Corp

Feb

5

35% Oct

Apr

22%

Corp (Un)
.—fl
Broadway-Hale Stores Inc——10
Budd Company
%
5

Calaveras

48% July

a

10%

15vb Aug

Apr
Oct

1

45% July

Oct

27

Borg-Warncr

Burlington

Oct

36%

2% Mar

(Un)

(Un)

Co

39%

2,195

125

(Un)
(Un)

Cons

Inc

967

40 7 <t

1

Ctnp

Oil

Bolsa

39 7 it

32 3

29

5

—

(Un)

Flintkote Co

24% May

1,370

Inc

Airplane Co

Boeing

Oct

11

a

Blair Holdings Corp
Blue

13%

27b

Bishop Oil Co
Mammoth

863

2%

Benguet Cons Inc (Un)_
Bestw-all Gypsum Co com

Black

15%

550

19%

3%

1

Prod common—

Paper

Fibreboa-rd

Jan

825

a40%

187

1

Federal-Mogul-Bower-Bearings

26% May

24

9',4

Corp common

Steel

17% Oct

15

3%

90c

Ltd—

Oils

largo

Jun

545

a27

3%
10 %

(Un»__
(Un) —

Airplane

Eng &

Fairchild

Fansteel Meallurgical Corp

July

19%

1,700

307

Corp (Un)—
——1
Bendix Aviation Corp (Un)-——s—5

Bethlehem

53 %
141 %

Oct

2,208

12

Aircraft

Bell

Oct
Oct

14%

467

15

(Un)—13
lc

Co

Instrument

Beckman

28%
96

23
96

15%

12%

20

Cap well Co,,—
Co (Uni
Oil Co Ltd class A--

Exeter

96% July
36% May

3

Oil Co__.

BanlUine

Oct
Oct

47b

(Un)

Ohio RR

Petroleum

Bandlnl

73%
25%

27

-

——

Baldwin-Lima-Hamilton Corp
Baldwin Securities (Un)
Baltimore &

169

3,427

15%

42%

—1
10
—10
—1

(Un)

Corp

3% Mar

26%

11

-50
10
-5
Armco Steel Corp (Un)
-10
Armour
Co (111) com
(Un)
—5
Ashland Oil <fc Refining (Un)———1

Warrants

Oct

160%
71%

(The) Co (Un)Anderson-Prlchard Oil Corp (Un)
Louisiana Gas (Un)

Atlas

2%

35%

Anaconda

Corp—

100

Aug
Jun

-

27

Arkansas

Goods

6%

11%

29%

Dry

9

Oct

13%

25

Top & Santa Fe (Un) com
Atlantic Refining Co (Un)-—

Oct

12

40%

Atch

5%

2%

27

Smelting & Refining (Un)__*
& Tel Co
100
American Tobacco Co
(Un)
—25

Associated

3% May

600
600

36%

6%

230

Railroad

Erie

64'» July

39%

American Tel

(Un)

Oct
Oct

13%

39%

American

Viscose Corp

46%
2%

28%

15lit

13%

5

Emporium

2.20 July

96

&

American

51% July
14% Jan

14(4
17%

31

—

com

Foreign Power (Un)—-a*
American Motors Corp (Un)
-—5
American Potash & Chem—
——*
American Radiator & S S (Un)
5
American

Oct
Feb

a73 a77%

*
(Un)—.—1
American Bosch Anna Corp (Un)——2
Amer Bclcast-Para Theatres (Un)
1
American Can Co (Un}
12.50
American cy ana mid Co (Un)-—
American Electronics Inc
.
1
American Factors Ltd (Un)_—j
20
Airlines Inc

American

7
62c

2%

25%

(Uni

Petroleum

Amerada

Jan

63

3%

i

2%

2%

Oct

5%

2%.

18
10

(Un)

Chemical <te Dye Corp

Allied

Allls-Chalmers Mfg Co

2%

Emerson

High

Low

43%

Admiral

4

Products Corp
Radio & Phono (Un>

Electrical

High

43%

25

<Un)_

Industries Inc

ACF

High

Low

High

13%

'

of Trices

Sale 1'rice

Range Since Jan. 1

Low

Far

Range

Last

STOCKS

Sale Trice

Sales

Week's

Friday

Last

stocks

Pacific Coast Stock Exchange

-

-1,853

33 ~

16%

Oct

,

23 % May
22

Oct'

Oct

49% May
28% Feb

Oct
.

*

Number 5685

186

Volume

.

.

The Commercial and Financial Chronicle

.

(1877)

OUT-OF-TOWN MARKETS

,x

■:

RANGE

Friday
■u.f.

STOCKS

-

Week's

Last

t

'

Par
Cahu

Sugar

Occident nl

Ltd. (Un).

Co

Petroleum

—20c

Oiiio
:

.•
,.

Edison

Ohio

Co,

Oil Co

(Un),„

(IJn>,-„J

14%

1.45

2%

a44%

29%
40 ?b

Pacific

-r

10%

•

42-

52

iHigh

Oct
Oct

2%
■

Cement

Paciiic

&

Oct

•

5 '/o-

Oct

39%

Oct

61% July

52

Oct

29%

2,846

Oct

U S

Jan

U S

U

Rubber

Oct

18%

105

20

Jan

26% Aug

U

8,749

43%

Oct

51

Jun

Universal

2,332

28%

Jun

32 %

Jan

26%

118

23% July

27?a

23%

684

20%

21%

'

"

,

22? a Aug

338

20

27

20% Jun

398

i

'

Feb

23 %

47%

782

5%

3,035

4%

Oct

35%

36%

2,579

33%

Sep

39

82

82

119

80% July

Apr
94% Mar

77

—.

77

100

77

90% Mar

82

V'

47

Oct

Oct

S

Steel

Weill

Pan

1

100

American World Airways

Paramount

Parke,

Pictures

Davis

&

(Un)

1

Procter &
Gamble Co
(Un)Pugefc Sound Pulp & Timber
Pullman Inc
(Un)—_>

267

60c

1,300

1

46

46

%

42%

12.50

Westates

63

Jan

Oct

53

13%

13%

Oct

18%

Oct

45

Oct

14

400

13%

Oct

17%

271

50%

Oct '

66'a

31%

Oct

48?u

27%
4%

30%

2,304

27%

Oct

4%

400

4%

Jan

lo

Co

10%

Oct

34

16 Ye

Feb

600

%

Oct

23% Aug
l?o Apr

Alan

15%

16%

501

13?a

Oct

31 %

Jan

American

Stores

45%

40%

46%

4,801

40%

Oct

59

Jan

American

Tel

16%

15%

18

7,714

15% Oct

Steel

al9% a20 %

80

20

Oct

28%

50

10%

Oct

15

50C

Oct

Oct

48% Jan

10%

10%

55c

70c

"13,173

Jan

65c

8%

8%

14% Aug
60 %

May

32%

Jun

187a

Oct

11%

Jan

25% July
14% May

19%

462

12%

12%

2,535

49

10

,

49

342

15%

14%

15 ?a

20%

22%

1,766
1,705

58%

2,937

52%

57 V*

55

10

40%

39 ?8

;_10c

'

22% '

12.50
—

Oct

18?b
12%

13C

39%
—

49

Oct

63

July

14?),

Oct

20

Jan

20%

Oct

32% May

Feb

68% July

39%

41%

022

Oct

65%

Jan

15c

8,300

12c

Oct

20c

Jan

39%

554

39%

Oct

45

Jan

100

54% Mar
20% Mar

12c

10

Jan

May

1.55 Aug

Oct

19

a

Oct

Feb

47

95

_*

—

8%

148

18%

17%

27%

a4B % a48 %

21%

21%

200

74%

78

(565

106% 112%

191

67% July

78

«■

—

74%

23

Oct

96

Jan

May

114% July
116

Sep

26

Jan

Oct

1,250

10%

257

9%

Oct

15

Jan

7 %

1,496

6%

Oct

ll?b

Jun

13%

15%

2,010

13%

Oct

32%

33%
71 ?a

355

32 %

Jun

21% May
37% Jan

2,768

64

Oct

82 % July

Jan

Company

6

Jan

Aug

Campbell Soup Co
Chrysler Corp
Curtis
Publishing

310

21%

Sep

28 %

Jan

Delaware Power & Light common

26%

623

25%

Oct

31 %

July

Duquesiie

22%

1,455

19%

Oct

33

May

Electric

7

15%

45% Mar

180% Mar
31% Apr
30% July

38

1.066

22

23%

25%
19%

81c

21%

Aug

30

30

86

30

Oct

41%

44%

2,825

3°%

Feb

20%

43%

Oct

28%

99c

700

65

20 g

23 V'

Jan

6?u

1

79%

83c

61

25%

Oct

9%

common

Oct

81c

5

160%

62

277/a

Electrio Co

Baldwin-Lima-Hamilton

61

81c

62%

25

9,357

31%

10%

Budd

5,059

160% 167 7/8

Oct

28%

Oct

13%

447

13

City

61%

11%

58%

6.50

Atlantic

Baltimore Transit Co

13%

54%

582

39% July

52% July
11% Oct

High

3

24%

10%

648

Low

*19 %

19%

23%

64% May

59%

Range Since Jan. 1

High

19%

23%

Corporation

Jan

Low

10

-•

Arundel

Oct

59%

Shares

164%

Oct

59%

for Week

100

23% Mur

22% Mar

Sales

Range

Tel

&

8

886

Week's
of Prices

Last

57%

34

22

987

20%

Oct

May
60% Jun
42% May

Light

Ford

25

9?u

64

9%

875

42%

13 Va

10

44%

154

7%

13

Apr

40

Oct

45%

Oct

37%

Jan

10

32%

30 ?«

32%

1,597

30 7 b

Oct

10

27%

26%

27%

250

26%

Oct

10

74

Battery

Deposit

Motor

69%

1

Co

Storage

Fidelity <fc

1.80

Co

Co—.

74

74

117

74

41%

45

2,515

41

Oct

15

13%

15

2,692

]L.66%

39

36

5

—

13%

13%

13%

200

71

69%

72

2,015

61 ?a

Feb

82

11%

11

12%

1,884

11

Oct

26%

Jan

Hamilton

25'%

23%

26%

1,968

23%

Oct

48

Jan

Hecht

18

18

2,279

17%

Oct

23%

Feb

289

17% Aug
j«
Oct
16 ?i. Oct

21

Jan

1%

Jan

Pulp & Paper—
5% series A preferred
Lehigh Coal & Navigation

23%

Jun

Martin

Merck & Co Inc

%
13%

88?b July
59% Mar
18% Apr

Oct

Hudson

18%

Apr
34?b Mar

Oct

43%

—2

Co—

Dairies

*
5
*

18%
.1)

_1

11

Feb

16%

General Motors

Apr

GJmbel

July

%

850

705

31%

17%
35%

940

31%

Oct

36%

Oct

56

56

697

54

Oct

62%

Z

Corp

Watch

(The)

Co

t c

v

17''4

16%

34%

*

(The)

16%

1,874

15%

Oct

17%

Jan

Pennroad

25

10

2,804

24%

Oct

29

Jan

Pennsalt

Chemicals

3%7%

500

2% Aug
7% Oct

I_20c

II

7%

_»

32%

32%

32%

450

I.

32%

3%

4

800

3%

5% July

Oct

2.50

Oct

130

121

a

Pennsylvania

May

55%

Jan

5% AUg

68%

68%

237

68 %

Oct

91 %

2

41

38%

4,103

38%

Oct

—15

49%,

48%

42%
51 %

2,084

48 %

Oct

47%

Peoples

—25

1,928
4,285

41'%

45%
41 %

Oct

42%

38 %

38%

245

38%

Oct

21

250

20%

Jun

24

45

27%

105

150

47%
447s

41'/a

64 71.

19%

Sep

51%

27%

1.050

26%

200

26%

Oct

3%

770

3%

Oct

26% July

7

22

752

20%

Jan

33%

36%

7,309

33%

Oct

331 '3

976

30%

Oct

12%

5

19%

5,740

18%

Oct

u9% al0%

Il

71

10%

Jun

12%

37%

Oct

42

a!2%

a

Drug

27?b

Apr

102

18%

22%

Apr

18%

11%

11%

37

.32 ?b

34%

274

26 7

39

580

29

13%

12%
49

51%

42

39 ?b

42

47% July
28% July

Oct

11 %

_

50

Stores Inc
Electric common

5
*

15%

14%

Oct

Jan

42 %

.

July

Oct

16% July
70% July

Oct

46%

Jan

10,483

14%

Oct

22 %

Jan

105

32%

Oct

40?b May

8,785

34%

Oct

40?'u May

4%

Oct

36

4?b

Feb

49

97

16

5%
12 ?u

%

17 Va Mar

47%

Aug

397/b

729

32%

34%

35.%

3

13%

32 3 b

—.

10

%

Oct

b

12 %

2,994

•

Light—

5%

Jan

13 %

9,652
7,915

10

11%

11%

Oct

18%

Apr

21

21%

2,715

19%

Jun

22%

Jan

28%

28 %

29%

2,305

28

Jun

32%

Jan

—

25

25

13

24%

Jun

28%

Feb

25%

24%

27

865

24%

Oct

34%

Jan

•

55%

53%

56%

•

15%

15%

16

33 %c

55%

55%

5

24'a

23%

•

73%

70%

Corn

$1.40

divid

Reading Co

10

common—

•

preference

commonL——•

Service

a.._

—

Kline & French

South

Jersey

Sun

Gas

Lab

Co

Oil Co

United Corp

53

——_—

1 '

—

Washington Gas Light

64%

Jun

17%

Jan

350

15%

56 3 i

375

55%

24%

1,730

23%

Oct

27?b

Jun

73 %

219

82

Jun

-13%

6%

5,000

Oct

70%

33%

135

6%
33%

31%

33%

1,438

31%

Oct

60%

Jan

33%

6%

6%

—-

♦

common—

Oct

Oct

.

*

United Gas Improvement

Jan

Oct

%

"

Co

Smith,

Apr

July

■

1,521

Scranton-Spring Brook Water

.25% July
46% Jan
45%

50

common

Scott Paper Co

Jan

Feb

30% Mar

30%

30:%

36

&

Public Service Electric <fc Gas com

Jun

27

21%

•

Oct

Oct

Feb

3%

3%

I.

Feb

280

10

Corp

Power

Potomac Electric Power

July

July

17

Oct

26%

2

Philco

42% May

20%

45%

—25

25%

23%

38%

Philadelphia
Philadelphia Transportation Co-..-

,

Jun

51%
17%

17 %

38 \ 11

Oct

36

Pennsylvania RR

64% May
67% May

41%

Oct

16%
22%

18%
11%

1

Com

25%

3%

—25

21?b

100

1

15%
24%

—25

36%

360

%

16%0

16

common. —25

15,617

22%

—15

Co—

25

.—15

39%

24%
'17%

—

common

1

7.50

'

5

_

Co

21%
17%

Brothers

Jan

,

-

1.40

A

*

I

598

26%

•

_

17%

Co

1,810

10

;

29%

608

2.50

common

8%

.

(A G)

5% Jan

70

Par
Wood

39%

Co

Spaulding & Bros

Apr

9%

Jun

26

i

(Un)

4%

1,080

Friday

34

Petroleum

Co

Apr

100

27

25%

Sale Price

1,126

_5

Railway

Jan

60

a

STOCKS

1.670

1

A

72%

Oct

a(i2% a03%

May

8%

(Un)

Pacific

6

8%

(U11)

ser

Feb

Oct

47%

Philadelphia- Baltimore Stock Exchange

26-%

-

pfd

53%

51%

1,105

a27% a28%

1

preferred
Youngstown Sheet & Tube (Un)
Zenith Radio Corp (Un)

%

i

,

California

Southern

Oct

6,514
,

4

25c

Co

18%

1

preferred

Southern

25%

25

Cab

16%

1

Co

a28%

10

%

10

pfd 4.48%
Z~;
pfd 4.32%__

4%

28

—

1

,

(Un)

3

Conv

4%

Inc

W)

(F

17%

—25

Southern

Easin

16

—.10

Co

48

—

Corp (Un)
Oil Explor__

16%

l

4.56

Southern

Steel

39% May

29%

1

com_.

Calif Edison

55%

;

Stores
Pacific Ry Co

Jun

%

.

Gas

Lines

Aug

915

20

pfd

28%

Oct i

Feb

Jan

54:%

l

Conv

Jan

28%

47%

Yellow

Apr

32%

17%

Ltd

Aircraft Co

Jun

49%

242

%

51 »'8

48

Worthington Corp (Un)—

Mar

31 %

16%

-

;

35%

34?a

.1

1

class

Jan

-Oct

27

1

(Un)_

5

Co

16%

"

Dept

Woolworth

6% Aug

50%

1

Co___

38% May

Oct

Oct

%

5

*

——

47%

Oct

9?a

Jail

50%

3

Corp (Un)
Socony Mobil Oil Co (Un)

6%

Oct

Jun

1

Signal Oil & Gas

Cal

42%

Air

Foremost

Inc

Oct

28%

355

(Un)

Sugar___

Williston

July

36%

com

Sinclair Oil

Cum

65

694

■

Sharon Steel Corp (Un)
Snasta Water Co '(Uid

Southern

Feb

45%

(Un)

Servomeehanisms

60111 hern

45

400

Roebuck & Co

Solar

209

2,871

;

Seaboard Finance Co

40%

412

533
510

55%

(Un)

Indies

Wheeling

Jan

39

5

coin

Sep

1,902...

...

27

_5

WestlnghoUjSe: Elec Corp (Un)

23% May

49:%

_50c

Ry
(Un)

Apr

34?'a

»

Kentucky Coal Co

Western

0.3,0 May

36%
47%

37 %

2

Schenley Industries (Un)
Schering Corp (new) (Un)
Scott
Paper Co

Oil

22%

Oct

Oct

11

—

preferred
Sapphire Petroleums

Shell

Oct

10%
50c

39%

5

Inc

Jan

7%

27

l

Union Telegraph (Un>
Westinghouse Air Brake (Un)

85% Mar

100

l

Paper Co

Inc

Oct

664

l

Francisco

9%

88%

34?b

1

Western

Sep

578

Co_:

Diego Gas & Elec

Sears

14%

61%

.5

5%

Servel

75%

Jan

36% May

11%

.

Co (Un)

28%

,9%

High

Oct

6% Jan
% Get

1,200

.

40%

28%

5

com

2.50

W Fine Foods

Regis

San

18%

Oct
Jan

,,42% Sep

39%

•

-

40%
■—i

.10

Pictures Inc (Un)_.

Western

Jun

5

Saleway Stores Inc
St

12%
2o-?b

131%

11%

Corp

Bros

Louis-San

Oct

39%

Co

Co—

..

16%

Co (Un)

Petroleums

Preferred
We£t

July

3

.

Royal Dutch Petroleum
Ryan Aeronautical Co

6t

7,007

112%

39

5

Ricnfield
Oil
Corp__
Riverside Cement Co A pfd (Un)
Rockwell Spring & Axle Co
(Un)

and

42

1

Manufacturing

/8

52'%

1

(Raphael)

Western

Feb

p 10

Rexall Drug Inc Co

S

15%

10%

Reynolds Metals Co (Un)
Reynolds Tobacco class B (Un)

Roos

506

15%

(Un)

Inc

Aircraft

77%

50c

Reserve Oil & Gas Co

Rolir

77%
14%

Republic Aviation Corp (Un):
Republic Steel Corp (Un)

Oil

150

17%

5

Railway Equip & Realty
Rayonier Incorporated
Raytheon Mfg Co (Un)
Reiter-Foster Oil Co

Ranch

121

54%

16%

(Un)

Radio Corp of America

Rice

1,262

31

53%

50

Philippine Long Dist Tel (Un)_
Phillips Petroleum Co capital

Rheem

12%

29%

29%

-10c

(Chas) & Co Inc (Un)—
Phelps Dodge Oorp (Un)
Philco Corp
(Un)
Philip Morris & Co- (Un)_,

Revlon

12%

967

33 %c

;

Pfizer

Co

3,532

•

Pepsi-Cola Co (Un)—
Petrocarbon Chemical lnc___

Oil

22

112% 116%

114%

_1

.

(Un)

Penney (J C) Co (Un)
Pennsylvania RR Co (Un)--

Pure

18 %

•

Corp (Un)

Co

20%

Sugar

Co

&

West

common.™

370

5

-

Corp common—
Consol Oil

Warner Bros

58% May
9% Apr

...

Paciiic Tel & Tel

830

6%

;

Low

Jan

4%

4%

Pacific Petroleums Ltd

53%

6 %

Rsnge Since Jan. 1

High

53%

'

)

-1

Vanadium Corp of America (Un)
Victor Equipment Co

Jan

23%
'

Aug

47

.:

Pacific Lighting Ccrp com
S4.50 preferred
$4.36 preferred

/

Feb

—r-r

.«

•

-

(Un)_—

Utah-Idaho

25%
23%
20%

;

-»

Smelt, Refining & Mining (Un)—50

5,324

23

46%

20%

red 1st pfd_——
4.50'c red 1st pfd

pfd—

—

——10

Plywood Corp—

S

Shares

10c *

—-

United Gas Corp (Un)
8 Industries inc
cornmqn-

f

for Week

Low

5
-1

U

29 %

;

PaciiMJ' Indemnity
Co
Paciiic Industries Inc.

(Un)

Fruit :co—

23%

preferred-

1st

57%

United

29

23

44%
'

red

United Cuban Oil

21%
4334

>v-

...

common.

5■%

4.36'k

Feb

10

preferred

1st

-

Jan

52% May
433a Jan

1,155

11

United Aircraft Corp
United Corp (Un)

29

Clay Products.
1st

3%

Par

Jan

Sales

Range

■

'

Aggregates—

Pacitic Gas fc Electric

b',b

2,70

Oct

46%

*

-

19%

Week'*
of Prices

Last

Sale Price

173

-

-

54%

^10

14

1.45

7,350
179

31%

39%

%

13,313
•

a44 a44%

i—.

Qiin Mathieson .Chemical Corp.
Owens-Illinois Glass,.;..
—iJ--.

25

STOCKS
Low

200

1.75

•2%

—12

OCTOBER

Range Since Jan. 1

High

1.65

1

ENDED

: Friday

Shares

14%

14%

WEEK

for Week

Low

20

Oceanic Oil Co—

Range

of Prices

Sale Price

FOR

Sale*

Oct

7% May

Oct

38% May

38?u Mar

*

a—

BONDS

Bperry-Rand Corp
Inc common

5oc

Spiegel

2

Standard

Brands Inc

Standard

Oil

Standard

Oil

Standard

Oil

Co

of

Co (Ind)
6tandard Oil Co of N J
(Ohio)

Sterling

Drug

&

Inc

Supprior

Oil

Swift & Co

(Un)-.

1
25

i

—

TXL

Oil

Corp

Texas Co

Texas

Textron
$1.25

423

13%

Oct

344

60%

Oc t

Jun
18% May
81 % July

29%

610

26

Feb

37

38

473

34

Oct

45

3:%

4%

2,613

23%

20%

233«

6,539

1465%

1390% 1490%
34

30%

10

35

382

30

30%

768

32

33%

1,049

al3% al4%

Products
Tri-Continental Corp

3%
20%

Oct

8%

Oct

Friday's prices

Jan

29% May
1,780 Aug

1,240 Feb
21

This week's Pittsburgh

May

Jan

36

26

Jan

3®

Oct

40%

32

Oct

18%

Sep

Blaw-Knox

19%

19?b

3.315

18?0

Oct

33

Jan

12

10%

12 %

2,724

10

Oct

21

Jan

Duquesne

16

a!6

30

18%

20%

Jan

Duquesne

20%

Apr
Oct

--24*8

Feb

Equitable Gas Co

a

20%
22%

25,

2,442

22

22

22-

100

al6% al6%-

50

1

30%

29

31%

7,092

10%

9%

10%

1.023

1

(Un)

Il

4%

4%

26

27?b

11%

Il

322

13%

,

27 %

,

II

100

1,713
•

1,570

22%

22%

607

•99%

99%

1.026

20%

22%
18 3

Oct
Oct

22
#

29

9%

Oct

22% July

Oct

41%

19%

Jan

4% Aug
26

11%

Walker

9

Oct

Jan

22% Feb

..

Natco

Corp
Pittsburgh Brewing Co common
$2.50 convertible preferred

Jan

34l
May
20% May
30% Jun

Pittsburgh

Plate

Glass

24%

149

15%

441

6%

907

32%

840

31

26%
31%

395

25%

29%

234

29

42%

20

25%
%

22

High

Oct

64?^

Apr

Oct

293,i

Jan

22% Oct

43%

Jan

14%

-

33

22%

,

18

Jan

Oct

7% Mar

5% Jan
'Oct

Oct;

37 Va
.

•

..

Apr
33% May

*

22

12%

133

12%

% Oct

40% July

42 %

74 %

Jun

22

110

Oct
Oct

26 %

Jan: A

Oct

18% Mar

.

1

5
2.50

12 %

1
"
-

2%

2%

2,475

2

Va Aug

36%

-

25

10

Pittsburgh Screw & Bolt Corp

25

42

.

1
10
1

23%

31

8.50
Refractories—_7%

Manufacturing Co
Mountain Fuel Supply

35%

6

*

Joy

Low

i

22%
14%

Brewing Co of Pittsburgh—5
Light Co
10

Apr

Oct

Harbison

41% May
25? 8 Feb

Range Since Jan. 1

High

23%

10

Co

Sales
Shares

33

——-1

Columbia Gas System

I

Oct

for Week

Low

1

Armstrong Cork Co

26% Mar
Jun

Z_

Z

Aug

Range

Par

76

20%

-

Jan

75

of Prices

44% May

Feb

25

(Un)
Warrants (Un)
Twentieth Century-Fox Film

89%

68

Thursday, October 24.

on

Week's

Last

Sale Price

54%

2

80% Aug

15,000

not received in time for publication.
Thursday

STOCKS

1,036

10

Co

tabulation ends

were

Aug

61 %

5

$5,600

70%

Pittsburgh Stock Exchange

35% Aug

34

58 3 4

Inc

Tree-Sweet

'

Oct

19%

;.

81%

61%

14%

__■»

.

81
68

68% July

Oct

.___1

Tidewater Oil. common
Preferred

——1975

—

debs—.——1977

50c

common

Airlines

Co—

subord

•

(Un)

Inc-

World

Oct

41%

25

Co

Tlshman Realty &
Construction Co„
Transamerica Corp
Trans

50?;,

500

1

preferred

Thriftimart

inc

Alleghany Ludlum Steel-

(The) (Un)

Sulphur

Inc

38

5.314

43

7.50

(Un)

Gulf

1.232

53%

60%
30%

25

Bylvauia Electric Products

6%^

A—

59% July
61% Jan

39%

5

1

(Un)__

Mar

38

1

Oil

43

50".,

60%

*

Co (Calif)

Super Mold Corp

14,878

41%
13%

„5

—

Sunray Mid-Continent

49%

Transit

series

5s

Apr
Aug

14%

5

Inc (Un)

44%

Baltimore

26% July

53%

_—10

(Un)

Webster

615

39% •

7
10

(Un)

37?..

48%

I__25
(Un)

18%
37;%

6%

(Un)

Stanley Warner Corp
Stauffer Chemical Co
Stone

(UnflHIII*

com

California

Studebaker Packard

13:^

36%

300

36

" Aug

70%

341

65% Oct

-

66%

-1

-

-7

7%

175

7

"

2?b

Jan

41

Jan

85%

Jan

8% May

Oct

"

Union

Carbide

Union

Electric Co

Corp

•

(Un>

!

Union Oil Co of Cajif

Union Pacific Ry Co
Union

United

Sugar
Air

For

Z

25%

25%

25%

Plymouth
173

99%
26 %

Oct

Sep

124% July
29% Apr

Oil Corp

San

Toy Mining——

44

42

45

I_IZl0

6.240

42

Oct

63%

Jan

United

25%

24%

25%

4,333

24%

Oct

31%

Jan

15%
' Z

15%

15%

15%

Sep

18

Jan

Westinghouse Air

Oct

42%

10




page 46.

13%

20%

2,143

18%

Jan

_

25%

——

Engineering & Foundry
Brake——_

Westinghouse Electric Corp

8c

10c

12%

Co—5

1,500
65

13%

33%

.

450

,.

8c

33%

20%

—

—M0

—12.50

26 ?b

90

26%

25

t—5

Vanadian Alloys Steel—

335

12.50

Lines Inc

see

5

Rockwell Spring & Axle

IIZZI25
(Un)

common

footnotes

10

21%

54 Vb

57%.

,

Oct

37%

Oct

25
5c

12%

Jan

Oct

.

Jan

31% July
16c
Apr
17

Jan

33% Oct

64% Jun

479

20 Vb

Oct

33

333

52%

Feb

68% July

5

.,

25%

May

41

42

The Commercial and Financial Chronicle

(1Z~")

CANADIAN
RANGE

Range
of Prices

Shares

25

24%
22 %

•
*

17%

Acadia-Atlantic Sugar common
Class

A

—

Agnew-Surpase Shoe

--

22%

26
22 %

11,112

7%

500

7%

Apr

10

17%

Oct

22 %

JV*
17%

Low

1,230

17%

22%

a

1,000

7

23

36

38

12%

12J/2

150

12%

42

42

550

—

42

25 /2
16

26

1,895

17%

1,370

a21

50

*
•

Corp

Asbestos

Ltd

Steels

Bailey Selburn 5%
Montreal

oi

Scotia
Banque Canadienne Nationale
Bathurst Power & Paper class A
Nova

of

Bank

Bowater

5%%

Corp Ltd
..
Light & Power
Note Co

BoMaiei

Paper

Brazilian

21
41

49%
35%

-•

pfd

Corp 5%
preferred

—

10

Telephone

Bell

—

25
-—10
10

preferred

5%%
Bans

25'/a

25

pfd

—

—25
SO
50
——CI

38 A

•

6%

Traction

—

—

3.75

British American Bank

Oil

American

BMiKti

4%%
5%

__

4%% pfd—100

37%
46%
35%
40%
35%
40
44
3.75

Oct

Mersey

Jan

Mitchell

36

Oct

46

Mar

Miicnell

Oct

20

July

Molson

Oct

50

Apr

25% Aug

35

Apr

Montreal

16

Oct

29%

Jan

Montreal Trust

24

Oct

40

Jan

National Drug &

19%

Oct

28% July
54% Jan

37%

Oct

732

46%

Oct

660

35%

Oct

42%

Jan

310

40'/2

Oct

58%

Jan

21,022

35%

Oct

46%

Jan

;

I

60

Jan

80

40

Sep

45

Apr.

1,005

43

Sep

48%

Feb

2,557

3.75

6%
a32
33%

7

12,334

a32

25

37%

11,876

86

87

1,100

Oct

86

6

Apr

Oct

10

May

40

6%
29%

Apr

33%

Oct
Oct

33%

Jan

57%

Jun

—

41
46

42

75

47

200

•
•

9
35%

8
33 %

9
36%

2,730

British

Columbia

5,922

33%

Oct

53

25

37%

37%

38%

260

Oct

47

11

10%

11%

3,250

37%
10%

Oct

17%

Jan

-•

2.00

2.00

2.00

315

2.00

Apr

3.00

Jan

32

34

405

3.30

3.30

100

Power

British

Columbia

Rrnwn

Co

Bruck

Mills

Telephone
class

Ltd

B

Products

—*

Bulolo Gold Dredging

—

5

—

Sep
45% Sep
8

Oct

29'-<.

Jan

3.30 Oct

46

Feb

50

Mar

13%

Jan

May
Apr

37

July

class

(Robt)

A——
class A

Power

Sieei

Mines

Ontario

Steel

Products

Page-Kersey
Penmans

Powell River
Power

Premier

4%

Co

6c

Provincial

Transport

5%

preferred
Queoec Powei
Roe

Vi

(A

Holland

Canadian

;

-

Oil

Ltd

Co

Preferred

Steamship
preferred

5%

57%

555

56%

Oct

80

Jun

St

21

23 %

2,283

21

Oct

30%

Apr

26%

27

1,847

2*

Jan

29

Feb

5%
preferred
Shawlnigan Water & .Pwr

25

25%

1,285

25

Oct

600

29

Jan

•
12.50

$1.75

45%

Jun

152

10% Aug

12 y2

Jan

Sherwin Williams

41

1,790

36

Oct

55%

Jan

Sicks'

24%

23

24%

2,961

23

Oct

28

135

24

—

a24% a24%

common

series

29

Jun

Southam Co

19

Jun

Southern Canada Power

Oct

18c

Oct

3,115

12%

Apr

16y2

26 y2

Sep

14

13%

14 %
27

50

Cellulose-.

•

4.75

4.75

4.80

550

•

11

11

11%

625

preferred

20

—

Canadian Husky
Warrants

—

a5

12%

1
—_*

—

Industrie*

—

•

»nmmon

27

a5

11%

12%

310

5.50

5.50

500

50

16%

15%

16%

775

—

a77

u77

50

Canadian Industries pfd

•

International

Power

13

Preferred

Oil

dinn

ov

4%

42%

Locomotive.-

Canadian

•.

1955

30

Feb

Toronto-Dominion

Oct

9

Jan

Triad

11

Jun

14

Feb

United

Steel

6

Sep

Jan

Walker

11%

Oct

5.50

Oct

15% Mar

77%

Jun

8

Jun

Webb & Knapp

Jun

West

20

May

80

Jan

Petroflna

Canadian

Class

Oct

preferred— .1#

17%

17%

18%

3,667

17%

Oct

a20

a21

a20%
—

8

&

Weston

Ltd

pfd

class

(Geo)

Zellers

Worts

550

9%

Oct

5,971

18%

Oct

82

14

24

6%

•
•

•

class

f layers

A

pfd

Canadian

Oct

13%

22

2,810

19 %

Jan

7%
al3 al3%

28% July

355
50
25

1,283

96

96

53%

52%

53%

14

14

100

18

7%

7

commit

Feb

7%

Jan

24

Oct

475

96

May

460

51

Jan

A___

Anglo-Nfld

14

7%

Mar

Apr

9
14 y2

Jan

May

8

Feb

Canadian

Jun

Feb

Canadian

Jun

15

Jan

Catelli

com

Class

B

:

II,490

7%

3,035

7

Oct

20

116

May

133% Mar

7%

Oct

5.00

Jan

10%

750

10

Aug

13%

Apr

1,655

30

Jan

30y8

Jan

17

Feb

22

5.00

a 17%
al4% al4%

a41

12%

100
40

5

18%

Jun

Sep
Feb

May

Crown

ofd_

Zellerbach

Dominion

footnotes

common

common

see

Sec

Corp

Ltd

page 46.




Jan

97%

Jan

Oct

24%

Oct

Oct

27%

Oct

24%
40

44%

July

61

120

100
1,200

20

Oct

14%

Jan

22

Jan

20%

Jan

>

Oct

:

Jan

133

July

bo

36%

-.40

Oct

49

Jan

60

Apr

44

Oct

73

May

465

'
.

100

5,87.9

.

53.,.

35

Oct

49

4.00

55

Oct

2,416
900
5

17%

100

17%

220

23

Jan

40

50

40

Oct

62

Sep

2.00

Jan

17% May

Oct

a23

66

Oct

116

Jan

&00

Oct

11

Mar

Jun

4.65

Apr

116

Apr

Apr

27%

Jun

33

Juu

45

Mar

Exchange

Funds
Sales

Range

for Week
Shares

Rarge Since Jsn. 1
Low

High

35c

40c

24,650

25

26

1,4.75

5

5:%

4,590

8

8

26

-k

Oct

25

Oct

39%

Jan

5

Oct

10%

Jan

8

175.

a10 a10 >2

High

•

35c

Oct

10% Mar

165

10% Aug

500:,

12%

1.80 May

13

Feb

42%

12''a

2.50

2.50

200

1.50

Feb

20

276

19%

Oct

24

"7 V15

..

416

13%

Oct

22% May

205

24

Oct

30

119, %

24

2.00

V-

2.00

~

2.00

'-k5%^.
a2.00

1,700

5%.;

2.00

.1,200

12%
'2.50

Oct

5

50'

a2.00

Oct

;

__

Aug

7%

Jun

4.00

a37^a37
v

10

36

Feb

50

27

450

19

May

32

100

27

•

-r:,;k,4Q

Oct

4.00 May

Feb

2.00

Oct
Mar

Jan
Jan

May
...

Sep

34

Apr

40

Oct

10,105

24%

Oct-

39%

Jan

100

26%

Oct

40

Jun

275

40
24% ..->27
26.%

,

,zr.v__';^.40%

.

40%

Oct

'

26.%
42"%

425
560

4,400

Oct

8%

Oct

31% May

a96

25

92 %

Sep

103

Feb

48%

50%

1,045

46%

Oct

66

50

37% Mar

10

144
-

4.50

Apr

Jan

130

May

Oct

11

July

8%

Oct

42

Jun

16%

Jan

Oct

95

6%

Distilleries

preferred

if

50

6'/«

Jan

__10

31

10%

Jan

common

—

-

13.5Q

com__

Preferred

18

"

Jun

147

Jan

13

21

Oct

34

Apr

690

49%

Jan

72

July

525

6

Aug

425

;

Oct

11%

200

_5

10%

100

-

Moore Corp Ltd common
Mount Royal Dairies Ltd

Feb

8% Aug

38

15% Mar
Feb

Apr

a37

Sep

250

Jan

115% May

Sep

3.00

Jan

Oct

corn.

Journal

Minnesota & Ontario Paper Co

a96

1.00

14%

Mexican Lt & Pow Co Ltd

7%

*

—

76%

July

,31% Mar

Oct

100

-

»' 25

Oet

40c

766

*

55

■

,

40%

Melchcrs

1,070

26

Oct

87

Apr

6,170

18

100

55%

Oct

•

190

Sep

26

-.26%;

135

47%

July
May

8%

ft*

a37

a36

45

a80

July

a80

5

80

Oct

85

Mar

42%

42%

42%

5

42 %

Aug

46% Mar

31

29%

Northern Quebec Power Co Ltd

33

2,886

29%

Oct

47

28

26

28

Power Corp.

950

22

15%

Apr

12%

11%

Jan

Newfoundland Lt & Pow Co Ltd

Rights

;

16

7,005

12

15%

3,505

11

Jan

24

24

May
July
23% May
23 % May

247 a

470

24

Oct

41

39

39

25

39

Oct

45 % Mar

St

86 %

Southern

45%

48

4,817

45%

Oct

30 »/2

Jan

Apr

6 r/c

35%

39%

7,060

35%

Oct

60

all

May

100

10%

Oct

13

Jun

11%

11

11%

4,780

5%

5%

5y4

300

Maurice

Waterman Pen Co Ltd (L E)
Windsor

85%

85%

50

3.00

3.00

100

3.00

Oct

13

13 y2

831

13

Oct

25

Jun

10

Oct

12

July
Apr

300

25

Oct

Jan

45

47%

Jan
Jun

94

Ltd

72% July
5% May
25%

Jun

12

Oct

16%

Jan

50c

Oct

1.30

^

65c
33
54

275
•-

Oct

110

3,320

Co_
^

Refiners Lt

52

1,102

Mar

Oct'

16V2

-

186

Jan
Jan

Jan

2.75

July

Oct
*

85c

42%

Jun

Oct
Oct

Oct

144% May
85% July
4.35 July

1,150

5

Aug

10%

Jan

25

24

Oct

55

Feb

50

—

,

41

May

47

Feb

51% May

84

Hotel

&

Sep

46

Sep
Sep

3.00
;

735

class A_I

Jun

49

10

Corp

J(in

Apr

Oct

100

Jun

49

a20

Traders Finance
Trans Mountain

2,500
121

common..

12

50

pfd.

cum

32%

265

10

6%

Mar

3,135

a20

Bros

Pwr

Wainwright Producers

26

100

Canada

975
-

1.40

29

G1

150

550

5f

Oct

Sep

40%

425

t

Oil Pine Line
Union Gas of Canada Ltd

43

5.50

Inc_*

Feb

5.50

23

Gas

20

325

l.

,

Apr

43

pfd

pfd

Ltd

6%

5.30

1-53

Quebec Telephone Corp common
Reitmans (Canada) Ltd—

12%

23 %

4iy2

Mills

1st

cum

part 2nd

cum

-corn-

9% Jan

Oct

%c

0,294

,

Aug

10% July
5

nqn

j.

of Can 6%

Premier Steel

Tooke
all

10

18%

Oct

'j?

Ltd

18

27%

^25

Oct

90
-

Publishing Co of Ottawa Ltdl»
McColl-Frontenac Oil 4': cum pfd__l$0

19

26

com

11%
20

so

125

*

Jun

5%

Power

Oct

7%

13%

.

-

Oct

27

•

;

Dominion Oilcloth & Linoleum Co Ltd *
Fleet Mfg Ltd——.
*
Ford Motor Co of Can class A
•

15

8%

if

„

Canada

Works-

120

Apr
Jan

ion

Bronze. Powders
6% preferred

International. Paper

5

Engineering

Investment Foundation

33 y2

~

International

-

lo

160

1

.

16,430

,

Goodyear Tire & Rubber of Can Ltd--*
Hydro-Electric Securities Corp
_<■

25%

ZZZZ

"

>.*

Jan

Oct

•'

-

Cement

_*

27%

Oct

II

preferred

(John)

Jun

71

5 % r

>.

Foreign

15

50

Jim

16%

2.50

*

Jan

20%

ZZ

«-■

A>

A

Paper Corp Ltd—I

a42%

*

preferred

J8%

56

LOW

•

7-%

3,380

23%

Oct
Mar

9y» Jun

all6

2,568

Z~~50

_

—j.

7

Jun

22 y4

*

ZZZ

:

class

,

9

4.68%

preferred

Jun

all6

-38c

-

—1

-

Products

7%

17%

37%

23

27

.40%";'.

-

Consumers Gas

15

*

Oct

13

41"

15;,

Investments

Westinghouse Co Ltd

Food

Consolidated

20%

45%

13%

50

of Prices

r

•

Canadian Power & Paper Inv Ltd—.
Silk Products Corp class

97 y4

33%

21

»

MUy

a22

:__1

Canadian Marconi Co

69

•

»

Indust Accept
Corp common
Warrants

preferred

General

32'/a Aug

al7%

50
,

Oct

77

40

class B_*

Sugar
Canadian Dredge & Dock Co Ltd

15%

imperial Oil Ltd
Imperial Investment class A
imperial Tobacco of Canada

Ltd

Canadian

17

•

uun

22%

„

Oct

17%

5

Ltd-

Co

•

—

a

J

May

2«>%

55 '-v

2.00

_*

Dominion

55 y2

24%

"•
~m

2*; */2

Reo

22

.

Oct

335

:66%

-

a22

_•

com___

Packers

Hosiery
&

Oct

a24% a24%

100

1927

At

Oct

10%

all6

_•

50

pfdZZZ

pfd

Timber

Ltd

Columbia

Canada

Jan

75

_12^
5%

2.25

100

16%

6%

48%

'

27

2,960

'I Last

preferred

39%

560

t

-

Feb

1~7b May

2,365

*

Development Co Ltd

Belding-Corticelli

2,153

125

__

Jan

36%

27

4.80

69%

_■*

^nglo-Can Pulp & paper Mills Ltd

2,970

6%

100

&

18

6%

•

oep

59

Ul3

..

12%

1

Par

Abltca Lumber

45

18

al4%

JO

.

Oct
Jun

yDV

2,145

-.

Friday ' > Week's

Butterfly

io

———

preferred

4%

Feb

^13%

30

a41%

14

35

"

•30

g

u

39%

275

-7,4.00

Sale Pries'

16%

10

5.00

c

Jun

78

5

al2

Jan

A July

34

Oct

„■.«>0

Jan

13
a

2,952.

Sep
Mav

26 %

Oct

48

2,100

;

1211

4.60

STOCKS

all6

8%

14

1,3jO

4.50

44

50

40%

"

1,530

78%

'

Canadian

Jan

33

"*•

Mining

For

Oct

7.00

25

*

"

PaDer common
$2.00 preferred "
Hudson Bay

of

22%

1,000

7%

,—25

Corp

8mith

Int Nickel

8,105

17%

Class B

•

25

18

*

Home Oil class A

d

17% July

7.70

24

*

inc
Ureai Lakes Paper Co Ltd
Gypsum Lime b Alabas

$4.50

Oct

22%

6%

common

General 8teel Wares

Inglls

Jan

30

A

h
Ovnamlcs
General Motors

$2.75

July

22

•

common

Heating Prod class

Petroleum

$2.25

17

Oct

13%

•

Seo

Oafineau Power common
5% preferred

6%

Oct

14%

7%

3V3

Ltd

Goodyear Tire

14

365

25

•

common

Foundation Co of Canatj*
French

250

7%

*

Ltd™

TM

1,070

14%

7%

com.

Ford Motor Co
*-*•«>-

14%

21

;J

Estabrooks (T H) 4.16%
c aiuuiu

Jan

14%

25

pfd

Canada

Match

31

14

121%

preferred
10
Dominion Steel b Coal
*
Dominion Stores Ltd
•
Dominion Tar b Chemical common—*
Dominion Textile common
•
7% preferred i
100

Enamel &

Oct

7.00

7%

Eddy

23

8% July
13% May
28% Jan

14%

•

8.00

3,715

Canadian Stock

British

Foundries b Steel
Preferred

Dupuis Freres

13%

■

32%
51",

; ,:40%

'

100

1

common———.

Apr

10

—

Feb

su

Jan

70 %

Jan

a23

a

Dominion

Brewery

32%

Apr

19%

2.50

Dominion Corsets

Pont of

Sep

7%

18%

Dominion Dairies common

Tin

23

70%

a22%

'14%

'

v'7. 4O

•

(Canada) Ltd

Kootenay l'/r

14% July

10

18%

Bridge

Dow

525

a22l/2

_I

.,

—

Jun

3,900

9%

Exploration

Dominion Glass

8

*

OiKtniers Seagrams

Bros

7%

4.50 Mar

_•

.

•

Donohiie

a67% a67%

Jan

23

1^3.347.
25 126% ', 1,953

-.'48%.

34% May
26% Jan

•

100

Jan

24

B

Coal

26

120

•

Dominion

81

8,106

A

Dominion

Sep

4.95

*

195
105

%T1% ; i3.%:
1";'; 9.0,. ' 90;

7

28%

Oct

104

,

•

39% July

75

25%

Crown Zellerbach

Dome

Oct

24

*

16%

Jan

-

46 % July

Oct

23%

4.95

Equipment

Glass

Class

Sep

16

25

Mining b Smelting

Corhvs

42%

as

—

6,435

May

57%

May

500

Combined Enteipi
Consol

Consumers

25,

19

77

25

Farm

630

Oct

77

Chrysler Corp
Cockshutt

12%

77

Vickers

Ltd

28,756

-100

!

May

>17120;:. 130,.
7': —•,',.a2ta2i%7 "
: ~i6
;:.Vi5'^ 16" 7

•

Corn

23

2,875

Railway

Canadian

43

12%. ;
90

'29%
.25%
40%

-

Bank

Oils

15%

28

___;

Pacific

42%

al5% al5%

26

--'27

-

1*
•

Gooderham

4.75

23%

t

warrants

13%

Oct

8.40

48

,.al2%

'

27

Companies common

preferred

Canuuian

.—

12%

21

-'13%

*

—

I—

Preferred

Canadian

May

275

29

Jun

7,116

common—

b

Cottons

-•

Steel Co of Canada

I,915

5c

—25

Ghem

_*

U—

^

Oct

10

lc

•

Ltd

Mar

9%

.j~-—

Simpsons

pfd—100

> .38

24

,3.20

27

r

50

II
7 7c

of Can

common—

Oct

-

.78%-

al2%

-•
100
com__*

preferred-

lc

10

5c

.

July

4%

Breweries

9%

•
—

Canadian
6%

31
all

36

A

i

Oct

,«39%; 43%

13%

•

new.

Oct

—-,.*..-^,<40 w 40
.
45
->^27 .27^1
2.^b
:11%
10%
12
23,397
>
—a22% a22%
60
58
-:..55 59%. 4,186

—25

common

19%

•?.-

.

May

11% Aug

25%

all%-.-;,>ail%

_

J

Mar

Apr

4.30 Mar

•

20

67

Oct

63%

69

7.50

9.323

63%

Oct

84

110%

Jan

80%

84

758

80 y2

Oct

110%

Jan

23

Woods Manufacturing Co Ltd-

Mining and Oil Stocks—

Alscope Exploration
Ameranium
Anacon

Mines

Lead

Ltd

Anthqnian Mining Corp
Arno

Mines

15c

17c

15c

-

70c

6c

9,000

5c

Oct

T7c

60c

2,900

60c

Oct

'10c

14,500

8c

—

Ltd

Atlas Sulphur & Iron Co Ltd

Oct

'5 c

60c

Ltd

Mines Ltd

3%c
'.

-

8c

~

6,700

~ '4c

4.000

8c

8,858

8c

Oct

3%c Oct
8c

Oct.

2.00

j
I

-May

40

33

-24

B.00
31%

4.00,

•

21%

>100

-

18

Oct

21

-,16%
>

Jan

July

922

'21

51

-*

30

8erles

1,540
3,036

-

A

al0%

—

21
Aluminium.

Rights
Celanese

class

al0%
39%

.

preferred

11.25

Canadian British

Corp

*

.

Breweries common..

Canadian

Lawrence

10

common

Canadian Bank of Commerce

Feb

20.

41
10
•

-v—i.

—

56%

New

10

-

common

—

Apr

10

78%

class B

Paper

4.50 May

42

all

3.00

*
•

22%

—

all

41%

(Canada)

57%

-10

26

:

'

26% July

Oct

-

-•

common

•

Foundries common

Iron

rtannrt*

11

Jan

6%

Oct

100
•
:50

Koyal Bank of Canada

Royallte

Oct

22%

22%

14

*100

Jun

22%

'

30

~

common

Mar

35

*

—

Jim

35

150

—

—20c

Ltd

preferred

48

1,900

I

Ore

Iron

Bros

ti.

85

'. '

Feb

100

•

ol

Oct
Oct

34% Sep

10

,

*

Company
Canada

Corp

45
42

125

\

Jun

7%
-86

125

•

——.—.

Placer Development

Oct

•74

30

1

Tubes

jan

14%

•

Petroleums

Pacific

Jun

35

Oct

1,645

35;.

13%

bep

5%

5,810

53
•-

Jan

Jan

20 A V'~ 19% 20%
35%
33 36%
26 >1.25%'.
26

.

I—•

common

9

22%

10
1,340

14

_

-

common

126

30

:

•

*

Uoip

Ltd

Mills

Floui

19

Mar

0%

14
•

:—5

Chemical com

Car

Aniioual

5

—

Mar

122

55

%

-•

Locomotive

*

preferred

$130

Jan
Jan

18

35

— 1

45

45

•

25

common—_——

Canada Cement common

24

Apr

* a23 a23%

-1-^7

•

Lawrence Cement class A

Calgary

Oct

74

..^ 42
-•;. 35 ^-••^35
^-<^6%

6

B

Ogllvle

50%:"-. :r

'

—50

—

Breweries Ltd

Noranda

95% Mar

46%

Products

Forest

pfd—-—

Paper 5 %%
(J S)

Jan

74

v;

—100

Oil

Frontenac

23

48%

1

Columbia

100

Oct

905

20

34%

130

123

A__—>alfl%alO%
„—•
.V.,25 '
23%
25
common
•
'
5% '-"^ 5% " 5%

Preferred

Class

T23

class B

Bloedei

Massey-Harrls-Ferguson
McColl

al8%
'• -i' -'

Acceptance class
<&

Macolliian

20% Jun

3,709

125

•

41

70

Msy

Milling 7% -pfd_100

180

21
41%
49%
36
42
39 /s
41
44
4.00

26%

62

(John/

of the

665

>>—.-i—SO

_—

Britisn

nv

—

a21
19 A

26,360

Sep

Oct

Woods

Lto

Laurentide

8%

33

—

Jun

40% July
50% July

Jan

6,560

»

Lauall

Jan

70

Jamaica Public Ser Ltd common
Lake

9%

■57%

Oct

33 39%
20
20
!al8% V. al9

Lines

Pipe

High

Oct

JO

37%

Jan

50

preferred

preferred

•

36%

•

common

British Columbia Elec Co

Low

-—-I

Jan

21

Oct

38

Atlas

Range Sine* Jan. 1

High

1,085
1,925

35%

Jan

6,090

8

—

1

—

Sales

34% 37%
20
22

24

May

23 25%
26%
33
a 21 a21%
41%
42

8/«

Anglo Canadian Tel Co. 4%% pfd—50
Argus Corp Ltd common
—
*
$2.40 preferred
f
50

4%

Canada

of

Co

preferred

%

4%

Shares

37%
22

In»prorovJnclft'

High

Oct

22

29%
a21%

AlSnfnium
Aluminum

24

High

*
*
pfd—25
BO

steel
Ltd

AiKoma

for Week

Low

Par

eternatlonal Petroleum Co Ltd
ternatlonal Utilities Corp common—i
•

Range Since Jan. 1

Low

Par

preferred

Week's
Range
of Prices

Last

Sale Price

for Week

Sale Plies

Power b Paper common

25
STOCKS

\

Last

Monday, October 2f5, 1957

Sales

STOCKS

4 %%

OCTOBER

funds

Week's

.

.

MARKETS

ENDED

Exchange

Friday

Abitlbl

WEEK

Fridaj

Montreal Stock
l/»nsdi»n

FOR

.

Apr
Feb
Jan

30c

Jan

10c

Jan

17c

Jun

Number 5685

186

Volume

The Commercial and Financial Chronicle

,

.

.

(1879)

CANADIAN MARKETS
RANGE

Friday

Week's

Range

Shares

STOCKS

Sale Price
Par

Bailey Selburn Oil & Gas Ltd A

1

Band-Ore

Gold

Barvallee

Mines

Bateman

Bay

Beatrice

Lake

Miffing

Beiieeiiasse

Gold

Corp

Mining
<te

Ltd

Mines

Min

Burnt Bill

Uranium

Campbell

Admiral

^auuumn

Aiiauuc

Devonian

Canadian

Lithium

Canalask Nickel
Candore

Ltd—

Mines

Liu_:

Ltd-

Explorers

central-Del
Central

Ltd

o,

Dome
East

e-hib

Mines

Eastern
El

Co

Goid Mines

Sol

Fab

Mining A:
Mining

Bay Copper

Jan

Oct

9.30

45c
82c

Petroleums

of

21c

12,500

21c

Oct

21c

2.49

7,60-0

II.90

4,000

10c

10c

;

Oct

55c

13c

Oct

54c

Oct

19c

Jan

2,100

1.80

180

5.75

6.00

5%C

5.90

7.25

4,200

5.75

2,uu0

5c

80.3u0

33c

;

3c
1.80

7Vic
8.25

Oct

Oct

1.80

35c

23,000

20c

Oct

47c

7c

0c

7c

Oct

27c

7c

Oct

7c

7c

1.5c0

13 la

13,070

11%

Oct

6.50

100

5.50

Jan

25c

11 V-i

2,000

■6:50-

il

25c

1

«

6c

'8c

11,500

2.15

2.85

10,525

2.40

2.40

1,000

1.25

1.65

3,250

36c

36c

1,000

11%

11%

300

1.75

1.75

1,300

22c

22c

84c

95c

2.05
1.25
36c

1
—l

22c
-

>_1

1

19iaC

18c

1

9.'.7C

•

-59c

1

»%C

1

2,85

•

—

20c

Golden

Age Mhies Ltd
Grandroy Mines Ltd—-—;

7

4c

5.20

Oct

27c
80c

25c

Oct

24

Sep

29 Vic

12:%

21'A

Oct

Copper Com Ltd
Hollinger Cons Gold Mines Ltd
Hudson-RancL Mines

Inspiration Mining
(so

Uranium

•ardun

Ltd

&

42%
30c

May
Oct

4c

Aug
7Vic Oct
41c

1.32
14c

Oct

1.35

Mines

Ltd

Ltd™.

Kontiki. Lead &

._l"

voting trust—c.
Ltd—

Joliet-Quebec Mines

t

July

•

Jun

47c

"

13c

Labaador Mining & Explor Co Ltd
Lingside Copper Mining Co Ltd
Lithium Corp of Canada Ltd—
_1

1

13*4

1-"

—±

U%c

8c

Marpic

Explorations

Ll

_1

Merrill

Island

Merrill

Petroleums

Mining

■

Ltd

Keno

Oils

10',4

1

25c

New

Vinray Mines Ltd—
West

Amulet

8C

North

North

American
American

Rare

14c

10c
-

5c

10%

25

71c

Oct

3,000

14c

Oct

55c

Jan

60c

Oct

2.08

Jan

Oct

13%

Jun

Oct

1.92

Jun

IOV'4

Oct

20 Vi

3,600

93c

Oct

1.75

1,500
34,100

20c

Sep

1.08

34,500

7c

1,500

12c

-

'

Oct

Oct

62c
,

Apr
July

1,500

8c

Sep

11,500

80c

Oct

5c

Sep

14c

8c

Jun

18c

*.

3,000

8,700

,

1.05

10c

Oct

Oct

5.75

6.70

4,900

12c

10c

13c

6c

17,000

Mines

Ltd./

2

30c
15c

30c

15c

|1.35 Oct

39,000

10c

5.75
10c

2.15

22,500

1

Jan

2.90

Jan

33c

Oct
Oct

Oct

54c

14%
80c

13c

Oct

1,000

18c

July

34c

21,000

15c

Oct

45c

.

27c

1.80,

1

Oil

for Week

Sbarea

Low

26%

19,027

22'%

22%

22%

7%

8

17

Gold-

Low

Oct

35'%

Jan

682

22

■24

Feb

625

7

Sep
Apr

17'%

961

17

;

2,800

1.80

Oct

Oct

21

Jan

7c

30,125

6c

Oct

16c

Apr

4,900

13c

Oct

23c

Feb

2.30

2.25

3.00

4,625

2.25

Oct

10 % Mar

8%

8%

8%

725

6%

Apr

50c

45c

50c

25c

29c

-

1

•6c

7c

1.25

-

Oils

45c

-Oct

93c

July

14,500

25c

Oct

44c

Feb

7c

Oct

20c

8c

24,500

1.35

7,800
1,600

1.20

Oct

1.85

Jan

1.25

1.10

Oct

1.70

Jan

31c

35c

9,000

27'%c

Oct

15

14

16%

10,580

14

Oct

93

93

50

92

Jan

99

Aug

6.10

7.50

6,555

Oct

17

May

1.20

•

24

23%

25%

9,312

30

26%

30%

31,667

—50

43V4

42

431/4

855

1
1

llVic

10c

12c

75c

65c

80c

.•

20c

14 %c 24%c

84,752

50c

preferred

90c

Ltd

—

HART

13

Vic

1
1

—:

—,

-•
1

10,000

10c

Oct

29c

10,923

-*

50'% July
50'% July
48%

65c

Oct

75c

90c
2.90

51c

63c
2.00

10c

15c

24,000

9.00

1,950

12,989
100
■>.

40,274
100.

page 46.




Oct

26c

1.98

7.25

2.00

28c

Oct

46

130

45
9.45

Oct

25c

26c

1,700

24c

Feb

94c

Oct

Jan

Feb

July

15c

L9c

15c

Oct

70c

5c

5c

5%c

49,000

5c

Aug

14c

54c

73c

"115,050

54c

Oct

2.20

36c

25c

'36c

6,600

25c

Oct

4,097

Jan

51%
13

'

60c

15c

Jan

May

<167%

Oct

900

Jan

3.50 Aug

Sep
Oct

9.50

Jan

6.25 May

Oct

1*95

10c

Feb

70c

2.90 Oct
51c

—

—

—

29c

533

22c

53c

50c

59c

25,300

37<*

Jan

•

14

12%

14%

5,405

12%

34c

3.90

Oct

Jan
Jan

29c

St., New York City, MUrray Hill

Feb
Jnn

July

38

36

38

85

36

Oct

43

Jan

40

40

42'%

15

37%

Oct

50%

8%c

8%c

9c

12,000

Apr
Apr

11

11

225

6%

5%

7'/4

22,268

83

300

10

Productions

Artists

25o

Acceptance common.

Yellowknife

Aubelle

•

—

Atlln-Ruffner

Mines

1

Mar

Gold

Oct

6

6%

400

17%

9,154

6c

8c

4,000

6c

Aug

18c

28c

220,100

16c

118% May
15'% Apr

Oct

24c

6.00

1,808

5.05

Oct
Mar

6%

15% -Oct

29%

Jan

14c

Jan

5

Jun

1.16 Mar

5c

5c

3%c

11,000

5c

Oct

17c

Feb

—-—1

Mines

12c

12c

13c

8ep

39c

Jan

8c

6,000
16,000

12c

6c

6c

Oct

21c

Jan

1.90

2,750

1
1

Mines

1.70

1.70

13

13

13

20

1

5'%c

5%C

5%c

3,500

Bailey Selburn Oil & Gas class A——1

18,575

Electric

13% May
11% May

Oct

5.05

*

Auto

19c

—1

River

Aumaque Gold Mines
•

5%
75

15%

1

Mines

Mines

Aumacho

10

16%

—•

Steels

Atlas

:

7%C Aug

5.30

Warrants
Atlas

common

Avillabona Mines Ltd

2.09

1.60 Mar
12

Oct

5%c Oct

16

Sep

Jun

12 %c

Jan

Jan

Apr
May

5%

Jun
Oct

Banff

Bankfield

Cons

Bank

of
of

Nova

Oct

20%

Jan

22

545

21

Oct

41

Jan

19

22

1,320

19

Oct

28

1.84

1.50

1.90

25,400

Scotia

Mines

——.

Exploration Ltd
Mining—

7c

4,000

6'%c

41%

4,859

37%

Oct

54%

Jan

46%

50

3,220

46%

Oct

60

Jun

20 %C

22 c

8,925

20 %c

Oct

45c

Jan

.....

1

15o

11c

51c

1

•

31c

20c

•

14c

20c

20,900

75c

Jan

Oct

92c

May

Oct

47c

Mar

Oct

12'%c

16c

67,900

5c

7%c

20,200

42

42

65

—1

29c

25c

35c

45c

•

13c

10c

*

16

1

1.18 *

Bibis

Bicroft

Mines
Mines

Uranium

Oct

55,550

25c

51c

7,700

45c

Oct

13c

9,500

10c

Oct

Mines

60

Oct

14 %

16

16

100

99c

1.45

337,025

1.45

2,000

1.45

99c

Apr
Oct
Oct

38%

35%

39

30,774

35%

Oct

50o

71c

55c

75c

31,050

55c

Oct

1

Copper Corp

Yukon

5c

25

Telephone

Bevcon

10c

42

1.45

1

Jan

Oct

20c

12c

common

84c

Oct

91o

68,650

6c

—

Paper class A

10c

21,400

31c

55c

42

Co

12%cMar

6'%c
37%

*

Lumber

Oct

7c

—*

Mines

&

Oct

50

1

Metals

Power

1.50

July
3.80 July

41

Mines

Uranium

7.50

18

—1

Montreal

Bank

9.20

21

22

—10

Mines

Jan

Apr

7.50

22

500

Oils

8.80

—1
25

preferred
2nd preferred

Bethlehem

JOHN'S, P. Q.

1.90

50
50

Beaver

2-4545

40c

20

Jun

——1

—

Gold Mines

Belcher Mining Corp
Belleterre Quebec Mines

Office:

82c

July

1

Warrants
see

75c

Jan

2.00 July

14%c Oct

45

Beaver Lodge Uranium

PhHiips Square

QUEBEC-TROSS-RIVIERES-SHERBROOKE-CHICOUTIMI-ST.
For footnotes

Oct

9.45

45%

*

f—

23%

-*

Atlantic

Bell

65. Wect 44th

25'% May

Oct

7.25

lc
—1

Bata Petroleums Ltd

Telephone PL-9501

-

Aug

Oct

45C

Branch

66c

26%

2.00

55 c

20c

6.00

Corp

Baska

St. West, Montreal

1203

Jan

41

2.90

5

Develop

Beattie-Duquesne

Branch:

Oct

12,400
«

7c

•

Petroleums

CANADIAN STOCK EXCHANGE

Local

8%

1.10

1
.100

$2.40 preferred

Base

MONTREAL STOCK EXCHANGE
STOCK EXCHANGE

Dame

9'% July

15c

•

:

Eathurst

Notre

High

22'%

14c

1

common

Vi %

TORONTO

230

Range Since Jan. 1

High

22%

common

4

Nickel

Barvue

MEMBERS:

Feb
Jan

Jan

27c

Salea

Range

24%

•
50o

Petroleums

Bafrymin

fir

Week'a
of Fricea

Mines

Area

Barnat

SAVARD

Jan

Exchange

25

5% ft-

1

1

Oct

22,700

'

,23c

54c

2%

Fonda

•

Mines

Aunor

21,000

5.75

Paudash Lake

20c

2'%

Last

———1

Cons

Ltd

Associated

L80 Mar

'

23c

Aug

Oct

Ashdown Hardware class B

'

14c

19c.-

Jan

5c

'

4.00 Aug

1.80

Explorations Ltd_l

Jan

2.35

20,000

Consolidated Resources—*

Arjon

9.00 Mar

2.45

10c

4pfd,

-

Aug

2.40

1.40

Partridge Canadian

27c

400

.

13c

1

Sep
Oct

1:70

Ltd-1

22c

75

.

Jan

12c

1.05

1

Grchan Uranium Mines Lttl

Sep

Sep

8c

Argus Corp common
$2 Vi preferred

Feb

6,500
1,300

-.2.45

',9c

21c

1

7c
35c

5c

Lead Mines

Anchor

Arcan
;

Jan

6c'

18,100
85,000

6.75'

Co

Warrants

Apr

"4*6c

4oc

7c

Ansil

July

2.00

25c

l-

8%c

—1

Ltd

Pacific

Arcadia

Jan

-128,000

49c

11 Vic

__

7c

8c

Apex

-

Jan

34c

Oct

"4.15

May

1.05

Anglo Amer Explor
4.75
Anglo Canadian Pulp & Paper pfd—50

2.65 Mar

24,500

90c

Ltd

Oct

Aug

3.70

Jan

4.40

Oct

Anglo Huronlan
Anglo Rouyn Mines

Apr

50C

Aug

2.45

6.00

Jan

May

9c

1

Oct

1.80

Oct

Analogue Controls
*■

Jan

5c

_

Pennbec Mining Corp

8.10

"40c

4 Vic

-

3.30

67,200

20c

Nepheline

Oct

5.000

1.05

2,000

2.04

55c

Leduc

25c

I0c

3.30

July

19,300

American

1.70 Mar

2,500

1

Ltd

Uran

Oct

10c

■

7.00 May

12,600
14,000

American

175,300

95c

10c

74c

Oct

75c

Amalgamated Larder Mines

Jan

5c

Oct

4.10

3'%c

Amalgamated Rare Earth

Jan

: "

3,542
6,300

40c

.

24c

4.70

c

Yellowknife

Aluminium

23c

-14c

Oct

55c

Uranium

Oct

.

12c
20c"

!

3.35 May
Jan
33c

70c

debentures

Oct

,

6,000

1.80

20c

Explorations

8c

5c

Jun

Oct

600

3%c

Ltd

Mines

Akaitcho

70c

V

Jan

65c

*

Agnew Surpass Shoe common

1,000

250

Apr

Jan

1

7c

1,000

50,800

16c
30c

10c

Copper Corp Ltd—1

Algoma Steel

Jan

20,750

7%c Sep
4'%c Oct

1.95

4oC

Oil

&

Aluminum

Mar

23c

4 Vie

_1

■_

Opemisce Explorers Ltd
:
OpemiskaCopper Mines (Quebec)

Permo Gas <fc Oil

OOo

Oct

10c

Metals

Ltd

Oct

5Vic

4%c

:

(1945)
Oils

-~5o

,

Warrants

Obalski

80c

=5C

23c

,

Jan

6,000

13c

17

Amurex

"

85c
-

-

8%C

*

Anacon

8c' Vf8c

1

Ltd

Jan

57c

3.30

•

*

Jan

,

—

1

Jun

25c

—

2.40

1

Mines

Mines

Gas

60c

,77c

*
•

10c

Apr

May

4.00

20c

Acme

13 Vic

"

Northspan Uranium; Mines Ltd

Okalta

Jan

1

—

Asbestos

Jun

13c

400

"
v*

Ltd

6.25

23

4.10

--

4.40

•

Sep

7c- 8'ic
12e« -12c

12c

1

——

75c

.

,_l

Mines,—.

Ltd

61c

l

Spring Coulee Oil & Minerals Ltd •

New

Oct

1.00

25c

77c

Formaoue Mines Ltd

10c

2'%C Oct

10 'i

93c'

Mines

Oct

Sep

"

1.88

12C

w-1

Acadia Atlantic Sugar common
Class A

Oct

-48c

Hill

Mineral

3c

66c

.

Corp Ltd

1.80

.■

Oct

9.50

16,800

18c

—1.25

2.55

""1.90 Aug

16,000

6c

12c

1

Pyrite &

,71c

40c-

Ltd-

Ltd-

Lithium

5c

8J0r 8.10

New Highbriage
Mining Co Ltd,
1*
New Jack Lake Uranium Mines Ltd
New Pacific Coal & Oils Ltd
__20c
New Santiago Mines Ltd—
50c

Nocana Mines

,60c

-

1

Mining Co Ltd—
Montgary. Explorations Ltd

New

.

40c

*

Monpre

New

65c

I

„

Apr
Jun

4,300

'

4%c

Warrants

♦

15c

11c

5c
17c

1

2,000

14c

:_1

Canada Ltd

of

; i4c

11c

•

1

Asbestos

8c

-

—

1

;

i

Ltd

Mines

76c

55c'

5

'

1

———

Mid-Chibougamau Mines Ltd—
Mining Corp of Canada Ltd
;
Molybdenite Corp

,70c

1

;

Ltd

Ltd

Ltd

Empire Oils

3,800

'

8C

>

Mines
Mines

Alberta

May

84c

"

•

Mercedes Exploration Co Ltd

65c
80c

Jan

500

10c

..

76c

•

l_l

__

July

5,000

4c,:;-"4c
5c'

Aug

Jun

*

10%,'-14%

1.0c

35%

Oct

23c

6c

22c

Voting trust certificates

Jan

8c

2,000

•

21c

Oct

16c

5,000

1 *"

Oct

37c

23 c

23c"

Sep

1

5%

4c

500

2Vic

5 Vic

9c

33,400

Alberta Distillers

Oct
Jan

5,000

lOc

fic

500

12c

Alba

Aug

25c

Oct

17 Vi

'

2Vic

r

10c

10c

Ajax Petroleums

Mar.

5.60

43,800

37c

35c

10c

12c

Advocate

21 Vi Mar

10c

1

Zinc Mines Ltd—

Uranium Mines Ltd
Louvicouxt Goltifield Corp

•

Jan

Acadia-Uranium Mines

30c

Oct

,9c

22 % c'

Jan

42c

Sale Prica

/

Oct

10%

2%c

4

——

Lor^io

26c

12c

Oct

Par

Oct
Oct

5,840

"

Aug

1

Ltd

Abltibl Power & Paper common
Preferred

5c

68,250

37cv

1*

Co

5c

19c

Friday

2.85

Oct

5c

11

^

Oil

5,000
1,500
100

Mines

Jan

9c

5c

11,500

Mines

8.00

Oct

20q

13,330

Lake

1.00 Aug
Jan

Oct

4c

5c

„

stocks

Jan

5c

19'i

4.21

"

6,500 '

2.00

,

Jan

23c

15c

17%'

1

Dev Co Ltd_

';

4c

*5c
18%

Jan

19c

Gaaadlan

Sep

20c

,9c

„

Oct

2,400
"2,900

5%q

Toronto Stock

Aug

14c
50c

3,100

"

Mines..

Israel Continental

1

—5

18c

30d
4.65

5c

2.55

Algoin
Haitian

May

11%

Westville

Jan

1,000

10%.- 1.3 Vs

99c

9'%

Wendell

Jan

"

———

Oct

1,000

1.90

Weedon

Vic Mar

6,000

»

Jan

26c

26c

2.55

Jan

5,000
•

5c

19c

1.98

Westburne Oil Co Ltd

4.05 Mar

12c

100

20C

77c

18c

■

—

Jan

4,100

Jan

Oct

Oct

5c

1

Oct

Oct

65c

7c

28,100

-20c

Ltd

Jan

10c

2.*85

5c-''

Oct

1,000

>

Mines

Jun

27c

8tic

15c>

•

14'A

Oct

5o

20c

Gui-Por Uranium Mines <fc Metals Ltd_l
Gunnar Mines Ltd

Oct

1.75

7,000

--64c

-

11%

26,700

ViC-' 10c

6C

19c

Jan

60,200
,

Mar

Jan

19c

4.20

;

—

Ltd

(1944)

Jan

1.06

Sep

2.85

-

—«

•_

22c

41c

5.10

Oct

1,000

57c

4c

-

Oct

1.25

500

Mar

May

5,500
r

10

5.00

Jan

6.15

3Gc

,

Oct

Jan

Jan

5.25

Oct

84c

25

50c

52c

-

.

—1

22c

2.00 Aug
2.40

1,000

12c

21 %■

Oct

Mar

4'%C

10%

Jan

20c

4,500

:

9c

12c-

6c

30c

1

Virginia Mining Corp

Apr

1.35

26c

30,600
"

1

Valor

Jan

15

Oct

1.25

Oct

67,600
11,500

22c

5'%c

26c

—1

Cons Mines-

United

Apr

1,000

10c'5* 10c
8c

17c

25%

Gold

United

Feb

2,800

--

27c." 27c
8c

•

25c

Mar

4.20

Ltd__

Mines ' Ltd

Trojan Consolidated Mines Ltd

Mar

13

7%c

6c

19c

4'%c

20'%c

1

United

Aug

5,500

Oct

15c

Oct

7c

1,200

1

Trebor

Oct

20c

-

5.75

1

Trans

14'% July

35c

■

5.00

1

Tazin

Jan

May

4.25 July
2.28

'

'lc

1

Tarbell

Jan

Oct

5.60

V

Jan

Aug

Mines

Lake

Tandem

Jan

5 Vic

100

Crest Gold Mines

Tache

^Apr

10c

2c

Oct

Oct

30c

'

Stanleigh Uranium Mining Corp

Oct

5.65

4,200
y

7c

5.60
•

Oct

9,0u0

15c

13C
5',aC

1

Canada Ltd

4,500

■—

Sullivan

Jan

Mines

7,000

8'%C

1.85

40c

'

Steep Rock Iron Mines Ltd

May

Jun

Inc

34c

7c

Standard

Jan

Oct

46c

—

30c

Stadacona Mines

May

Aug

)

13c

1

Futurity Oi^§ Ltti
Gaspe Oil Ventures Ltd
General

3.90

7Vi

15c

2c

*

;—;

5,200

South Dufault Mines Ltd

Jan

40c

Ltd.

29,300

52c

Sberritt-Gordon

Jun

10Va

Aug

5v'b

60c

Oct

Oct

Ltd—

2.60

40c

Ltd

Soma-Duvernay Gold Mines Ltd

Jan

14c

__l

Exploration
Co

Fontana Mines

Fundy

Oct

13 Vi

19,200

*

Mines

1.85

45c

Sharbot

July

19,800

—_1-

Falconbridge Nickel
Fatima

35 Vi

11 Vic Mar

Sep

Ltd——

2.35

Producers

Rexspar Uran & Metals Min Co Ltd

Feb

21c

410c
%

—i

Metal .Mines—

Fana

Oct

4.50

2,000
'

22c

Sep

34c

50

5.20
J-

Oct

4c-

1.30

6c.

Empire Oil & Minerals Inc—

•

Gas

Apr

'

9c

—

Feb

'

7,-000

Ltd—1

75c

•

2.00

•

%_£_

Aug

1

3.90

1 c .0
3,400

;
•

a4.t)0

Mining & Smelting Corp Ltd_i
Ltd_:

12c

Quebec Smelting Refining Ltd

37,500

:

19,900

Red

21c

_1

Ltd

12c

Jan

15c

;

12c

Copper Corp Oo Ltd
1
Quebec Labrador Development Co Ltd_l
Quebec JLithium Corp
1
Quebec Oil Development Ltd
1

May

9c

Ltd

12c

Mines Ltd

Apr

17'/2

2,ooo

11,500

5.00

2.15

Ltd—L—11—1

Ltd.—

Eastern Asbestos
Elder Mines

3.030

4c

4.05

3.90
4.50

*

Mines

1

(Chib)

1.50

6o-'6,2C

.

Jan

11%

Oct

0c

Ltd_l

17c

Oct

-

10c

Ltd

Oct

Oct

4-Vi
20c

33 c

Yellowknife Mines

Sullivan

500

1

Ltd-—,

Mines

Zinc-Mines

Mines

100

2ic

15C

Mining jsxpierauon Ltd—1
Exploration Co Ltd———c
*

Lead

38c

■*

4.50

15c

75c
«

3c

Mine

Quebec

Jun

—1.50
Mines

Denison

Rand

r

.i

1,200

38c

*

3.90

Continental

Coulee

Jan

—1

—:

2,500

Provo

Oct

23c

5'/;j<r 5Vjc
336A'> 56 c

Consolidated Halliwell Lt4i

•

86c

Oct

48c

22c

1

B warrants-—

Conwest

Jan

7Vic

38c

4.50

—•

—_L.

5'%c

Quebec Chibougamau Gold Fields Ltd_l

Jan

40c

Oct

20'aC

1

Ltd

5'%c

Prime

t

Jan

3.00 Mar

Oct

*

Mines

Bi-Ore

Consol Quebec

1.50

11c

16c

1

Consolidated Cent Cadillac Mines
Class

Oct

6Vic

U4.0U

1

L'Dhgava)

Consolidated

Oct

2,000

■

1

Chibougamau Jaculet Ltd_;
Cliipman Lake Mines Ltd

de

Oct

4c

I.20

4,000

_1

Cleveland Copper Corp—,
Cominsa 'La Compagnie Mtnieta

Consolidated

15c

121,250

a**C

—1

Ltd

Oils

Rio

Manitoba

81c

7%c

'17'a-22%

-tic

Cassiar Asbestos Corp

4,100

'

Cartier-Malartic Gold Mines Ltd
Central

13,500

19,266

;•

3

Ltd-^

Jan

5'%c

Portage Island

4c^

Ltd

Mines

15c

Jan

21c

22

*

:

1.85

Oct

32c

lbc 22 tab

3.90

—JL.

—'

_•

oet

4c

Sep

30c

—_i

ncu

Ltd—

92c

6,000

Porcupine

51c

—_2
com

4,500

5'%c

Jan

*

;

1.00

4c

14c

23,3u0

High

92c

Sep

be

Low

95c

5 Vic

1.31

Range Since Jan. 1

High

5>%c

3 Vic

4c

Low

1

4,000

20c

Shares

1

5,0u0

;.

for Week

Par

4c

'

Mines

High

-J 6c

4.50

_1

Petroleums Ltd

Capital' Lithium -Mines
Carnegie

Pitt Gold Mining Co

__1

Explorations Ltd—
Explorations

Can-Met

Canuba Mines

Apr

21c

•

;

Ltd

Canadian Collieries Resources Ltd
Canadian

1.75

7%c

1

Ltd—t

Co

Oil

Oct

20%o

1

Ltd-

Mines

Oils

Phillips Oil Co Ltd

27c

1

Mines

Canadian

2,o0u

5c

Corp Ltd-—1

Mine's

Cniboimainau

3Uc

Jan

15c

1

Corp

Calgasy & Edmonton Corp Ltd:
Calumet

20%

Low

7.%clie

& Smelt

Tungsten

Oct

59c

1

Ltd

Samite Copper Corp
Bouzun Mines Ltd———

Brunswick

,7.60

4c

1

Reiining

5,325

1.20

1

Ltd

Corp Ltd

Belle-Chibotigamau
Bonnyville Oil

Mines

9.15

'15c

Salea

Range
of Prices

Friday

5%c

1

Week'a

Last

Sale Frlee

Range Since Jan. 1

27c

1

1

25

STOCKS

Hiah

4c

Ltd

OCTOBER

7.60

21 e-

__1

Ltd

Mining

Red

Belcher

Mines

ENDED

Low
0.70

1

Baiter Talc Ltcl

WEEK

for Week

ot Prices

FOR

Sales

Last

i

11c

Jun
Apr

1.89

Jan

1.75

Jun

,40c

Jan

19% May
3.15 May
■

1.93

Jan

46% May
2.75

Feb

11c

12c

11,800

10c

Oct

32c

4%c

5c

4%C

Oct

12c

Feb
Jan

80c

Oct

2.65

Jan

40c

Oct

1.70 Mar

1

90c

89c

1.00

2,700
49,580

——

41c

40c

50c

10,350

1

43

44

Financial Chronicle

The Commercial and

(1880)

.

Monday, October 28, 1957

.

.

CANADIAN MARKETS
RANGE

Friday
STOCKS

Sale Price

Bidcop

Mines

Ltd

1

Bay Uranium
Bonvllle Gold Mines

of Prices

9c

44c

Bouscatiillac

—1

Gold

Boymar

Gold

•'

Traction

Bridge <fc

Tank
Preferred

6,700

8c

Oct

1.12

4%c

Oct

14c

Cockshutt

Mar

May

Jan

Cody
Coin

Aug

15c

7c

Sep

18lie

Jan

Coldstream

Oct

1.55

Jan

Colomac

3.80

5%

Apr

Commonwealth

Sep

Coniagas Mines

4.00

1,626

8c

11c
4.60

146,220
1,460

80c

80c

1714

3.80

Oct

6c

Jun

3.76

Feb

19c

A

500

70c

Mar

5.4b *u*r

.50

l_;

13 %c

Oct

10'ac 13 %c

13,500

10c

Jun

17c

Feb

2.14

Jan

16c

Jan

Oct

42c

35c

45c

93,400

35c

5c

4%c

(Jc

20,035

4%c Oct

2.00

2.00

12.50

2.30

47

375

7

20,900

17

100

17

Oct

18%

47

455

43

Jan

50

47

6.00

6.00

60

151 i

151 i

55

20

20

20

100

—1

13c

13c

18c

1.65

1.49

1.90

55c

Oct

7,900

24c

Oct

45c

Jan

19c

3,000

18c

Oct

44c

May

8c

9c

13,800

8c

Oct

21c

7%c

13,700

Cc

Oct

16c

Mar

6%

250

6

Oct

8

July

49 %C

-

38

July

Consolidated

Allenbee

Sep

Consolidated

6%

Bellekeno

Consolidated

Consolidated

Calliman

Consolidated

Central

Consolidated

Cordasun

Oils

39

.50

4 Hi

39

50

Dcnison

Mines

20
90e

Feb

3.60

57%

Jun

Oct

43

Consolidated

Jun

44

Feb

55c

Apr

Oct

18c

Jan

Sep

26c

Jan

3.200

16c

13

Dragon

14

>119,025

11%

Oct

25%

Apr

4.50

G.75

88,511

4.50

Oct

17%

Apr

2.15

2.75

10.405

2.15

Oct

3.50

23c

28c

15,333

23c

Oct

90c

Jau

32c

36c

14.000

29c

Oct

64e

May

71c

80c

11,270

71c

Oct

15c

16c

500

15c

Oil

Crest—

East

11%

2.55

Discovery

Consolidated

Mar

40

Oct

Aug

Gc

16c 1G %c

Warrants

Jun

SC

15c

3,000

-

G.05

Consolidated

May

Oct
Oct

38

8c

—

—

-

———.

4%% preferred
5%

87

861 i

87

344

86

Oct

95% Mar

46

461 i

305

44%

Sep

50

9

7 la

9

10,515

7 li

Oct

13%

Jan

Consolidated Golden Arrow..—

11 li

Oct

17%

Apr

Oct

53

Jun

Consolidated

37

Oct

47%

Apr

Consolidated

65e

65c

73c

16,950

Aug

1.07

Jan

Consolidated

Marcus

11

10 la

12

2,010

17% July

Consolidated

Mic

5c

5c

5 lie

12,000

5 lie

5c

Euffalo

Ankerite

1

Buffalo

Canadian

Hill

15c

Jan

Consolidated

Oct

12%

Apr

4 lie

Oct

12c

Mar

Consolidated

Negus

79c

2,000
8,100

67c

Oct

2.50 May

Consolidated

Nicholson

8c

6,000
12,000

7lie Oct

6c

33

450

25% July

6

6

50

6

——.

7 Vic

5c

Oct

Morrison

Consolidated

Peak

Consolidated

Cable

Oils

Mines

Calarta

Petroleum

Bread

.

15%c

Oct

82c

Sep

15%

Jan

874

9

Sep

11%

Apr

Consolidated

55c

3,800

40c

Oct

Crushed
Foils

4'/4%

Preferred

Cut

B

500

4.25

Oct

5.55

Jun

Copperoorp

69,370

3.75

Oct

13%

Jan

1,210

4.60

Oct

6.20

Jan

3.50

Sop
Apr

Corby

30%
29

Feb

Coulee

3.15

2.50

3.15

806

22 li

21

24

2,872

27

261 i

6

25%

42

Apr

85

90

Oct

111

Apr

132

46

Oct

55

Jau

395

22:% July

22%

22%

•

1.80

2.20

1.14

20
100

76

85

1.50

3.95

4.50
11

-700

13

14

640

•
,

36c

1

C'/ac

6c

8c

2

i

5.20

4.20

Aluminium

35 li
23

24%

24

23 li

3c

Canadian

Ice

Canadian Malartic

Canadian

North

Canadian

Oil

1053

Petrofina

Canadian

Tire

Del

Central

Pat

Dome
Dome

Miircs

40c

Oct

Apr

Dominion

9

Jan

5.00

2,195

77c

76c

99c

112,100

4.25

4.00

4.25

7,274

65c

65c

70c

I,805

Apr

July

4.70

Oct

Oct

76c

4.00
63c

Oct

July

15 lie

34c

27,700

3.80

5.25

101,190

8%

8%

200

7%

Jun

8%

Oct

5.05

9'i

100

15

13%

15

2,600

5(ic

50c

73c

80,755

5.00

3.85

5.10

6,385

2.50

2.50

600

17

17

25

15%

Oct

3.80

Oct

78c

3.00 May

7% Jan
85c

Jan

1.70

Apr

9.40 May
9

Aug

10% May

.

61

_

200

a

Mining

footnotes

7 VaC

Oct

Gc

8c

21,500
8,500

.

/; 42c

Feb

;

36c

-

Jail

18c

19c

3.001

18c

Oct

10c

16c

41,300

"10c

Oct

7

7

225
200

.'165c

;

13c

3.25

27c

24c

36c

2c

3c

7

May
:Jau

47c

;

•40

Oct

2.00

; Mar

3.50

1

•

Apr

Feb

20.150

"24c

Oct

62C

AUg

6.000

2c

Oct

20c

Jan

4,000

•

12c 14%c

14 %c
.

:

9c

.:

8c

55c

55c

62c

34c

Jan

17c

1.20

98c

Sep

Aug

55c

Oct

1.15 Mar

98c

Oct

2.83

19,292

5c

Sep

21c

12,907

1.24

Oct

7c

7,400

1

.-12C.

18,600

10c

22%

Oct

32%

,

2,563

20% Oct

28%. July

8,664

22%

Oct

33%

760

9%

Oct

16

common

•

18

17

18%

Oct

32% Aug
57% May

10c

Oct

26c

Jan

5c

Oct

16c

May

1

Gc

5c

7c

12,000

17

Aug

3.50 Mar

Sep

37c

Oct

11

Oct
Oct

5% Jan

23%

Jan

1.35

Jun

23

Amphl

East

Asbestos

Eastern

Eastern
Eastern

—

Ltd

Easy Washing Macli pfd
Eddy

6% May

class

Paper

8.00

Oct

Pen-Rey

Oils

Sol

Mines

25

2,500

Oct*

5c

Oct

82

82

25

81

Jan

20

20%

635

20

Oct

15

May

21c

Sep

Gold

4.10

Oct

8.25

Jan

13

13

300

13

Jun

15%

Feb

38

40

145

38

Oct

58

Jan

50

May

38

Jan

Jan

39

41

39

Oct

25c

27c

4,300

25c

Feb

40c

Feb

12 %C

17c

6,600

12%c

Oct

40c

Mar

7%C

9c

36,150

7%c

Oct

59c

Jan

7%C

12c

69,800

Jan

82c

7%c

Oct

30

30

6

30

Oct

73

Feb

38

38

80

36

Oct

48

July

_G

5%

6

1,145

30c

10 %c
30

25

$5

440
,

*
1

6%

5% Mar

Aug

25c

Oct

53c

Oct

93c

Jun

9,600

11c

Oct

49%c

Jan

32% May

Fnleoabridge

•

22%

21

25%

15.245

21

Oct

42%

16%

Apr

Famous

14

14%

1.600

14

Oct

18

May

Jan

•
1

14%

85c

17%

17

17%

1,010

17

Oct

23

May

1

1.41

1.25
51c

67c

12,290

25o
1

6.00

4.40

6.00

35,370

9c

8c

10c

15,230

23

25

300

Gc

7c

4,500

5%

5%

100

Refineries

1.30

Apr

110% Mar

Nickel

Players Canadian
Funny Farmer Candy
Faraday Uranium Mines

69c

Jan

56c

Jun

1.02

Jan

1.92

2.55

Fargo

308.196

1.70

Oct

5.60

Apr

Farwest
Federal

!

Warrants

Oils Ltd

Tungsten

1.40

1.70

40,350

1.10

Oct

4.60

Apr

1.20

1.00

1.30

8,445

1.00

Oct

2.61

July

Federal

1.20

1.50

5,200

1.20

Oct

3.30 Mar

Fittings

Copper

Kirkland

1.20

common

57c

Mar

8.50

Jan

5.35

Jun

Oct

7.00 Mar

Oct

14% July

Grain

Ford

of

Canada

Foundation

2.20

10,933

Oct

5.00

Jan

Francoeur

75c

40.115

62c

Oct

2.90

Apr

Fraser

1

7c

7 Vic

4.000

7c

Oct

15%

Jun

French

1.85

1.50

2.10

28,650

Oct

5.30

Jun

Frobisher

i

5c

4 VaC

6c

19,700

28c

•

A

Jan

class

»

1

17c

17c

19c

8,300

17c

Oct

36c

Jun

12c

10c

14c

3,500

10c

Oct

60c

Apr

Gait win

75c

31c

27c

56c

428,105

27c

Oct

4.25

Jan

Gulkeno

1

65c

65c

75c

10,300

65c

Oct

1.52

Apr

Gatineau

40C

Oct

Fruehauf

8c

41c

Oct

33%

6c

Oct

24c

2%

Jan

51c

9,040

6.35

8.45

116,330

4.85

Oct

40%

43

470

40%

Oct

79

76%

81%

1,675

76

Sep

40c
.

,

1,10 Jan
10%
114

Oct

26

Jan

21

Jan

Oct

34

Jau

425

7%

8%

5,670

1.15

1.45

45,566

67

67

10

5%

5%

G25

5c

t>C

32,150

4

33c

40c

21,967

33c

Oct

26%

28

26 %

Oct

*

1.35

100
Co

«

Exploration

1

6c

Mines

1

34c

May.

Oct

2,000

10

-

14

6c

22%

14

Sep

56% Mar

,

5%c

660

6e

21%

17

Jan
Anr

Jun

20

17

6c

22

.

July
May

7%

Oct

40c

40c

7.90

•
preferred

1.95 Mar
9.55

Oct

23

Jan

3.20 May

Jan

40%

*

Canada.

common

Trailer

Oct

Oct

2.93

•

A

Debentures

1

1.25
51c

1

•

Mines

Ltd

93,480

15

Companies
Petroleum

1.55

•

of

Co

7c

1
:

Manufacturing
Florida Canada Corp
Ford Motor Co (U S)

62c

Oct

class

Fleet

1.70

40c

Oct

75c

5,500

Oct

VaC

71c

700

40.700

Oct

4

Oct

230,741

80c

16c

Aug

1.50

8c

97c

75c

GOc;

14c

1.70

l4c

71c

35c

14Vic

5.70

8c

83c

11c

20VaC

98,382

10c

1

1

Corp

Excelsior

10,233
72,197

7.10

1

53c

Eureka

24c

4.40

Sep
Jail

Apr

25c

Apr

25c

Oct

50c

1.85

5.25

Oct

•

Feb
Mar

14 lie

Oct

65c

1.55

*

14c

20 lie

9c

Oct

1.10 Mar

Explorers Alliance

5.50
40

20c

5.25

23c

1,500
38,800

10

Flooring class A

2.20

3.00 Mar

32,065

25c

1

El

7c

1.55

29.900

1.80

23c

1

common

25

23% Feb

1.65

1.55

23C

*

Mines

2.10

5.70

Jan

1

Common

5c

July

1.52

1.80

20
—20

A

25

1.80

Jon

1.75

1.55

*

Prods

Steel

1.55

6.80

Jan

1

:

Smelting

&

Mining

2.05

II

Jan

9%

1
Ltd

Co

Erie

3,100

17%
37c

—1

Metals

July
Jun

-

Mines

Eastern

3.10 July

May

Gold

Sullivan

2614 May

4.90

Jan

16,200

Oct

4.40

Jan

10c 13 %c

17

400

30

13c

17 li

II,030

Jan

1

17

34,000

Oct

30

1,275
-

Duvex Oils' & Minerals

1714

12'c

65c

73c

El

3.05

Oct

Oct

Empire Life Insurance
Equitable Life Insurance

6.00

9c

12c

15

9c

Oct

8,000

31% July

3.05

Oct

7

14c

34% May

5.25

Jail

6%

12 %c

Oct

9c

39la

25,200

,

13c

Copper Co

Oct

5.90

3.842

13,585

4G

17

Ltd

Duvan

3.05

»

Jun
May

3,181

125

23%

3,000

'

1,000

1
—_•

-

7,265

150

Jun

30

29% July

2,100

13% May

14%

76c

Oct

16

Jau

Oct

30

24

9,825

11

25%

*
1

6,820

2,383

-.

10%

Mudgc

Eldrich

'

20%

5,035

Oct

6/JO

7,400
:

22%

Elder Mines

300

11%

Apr
Apr

65c

&

Apr

13

8215

11

Brewery

Jail

28

G.90

11

I

=

76c

Donnell
Dow-

40c

24

Gc

7.75

158,085

10c

36c

17c




Oct

5c

12c i

July

23

15,915

7%
1.15
67

Oct

8 1

Oct

3,10

Oct

5%

Oct

%C

81

Oct

Oct

Jail
Apr

8% May
;
.

35c
1.30

Jan
Jan

""

52c

74.050

2.60

2.77

2,410

6614
21c

10c

10c

Feb

27

9c

Mines

Oct

25c

l

Oct

2,000
'

Mar

10c

Donald a

Oct

16

46.

1G%

1G%

Jan

28c.

,

,

9

lie

15c

Corp

Oct

7%

1.55

page

9C

7

_i

see

25,700

6%

_1

Consolidated Mining

9c 10 %c

'

9%

5.75

47c

9c

Apr

10%

25%

2.75

1.80

24%

3.05

*

42%

Oct

21%

23%

1

Oct

75c

•
•

25

25

29

40'%

20c

25c

Smelting

15c

10
50

7%

3,300

•

&

6%e Oct

29

8%

3,427

*

Gold Mines-

July

3.95 July

43 la

20lie

1

Chrysler

6.50

Oct

*

11c 18 lie

pfd—20

Chiboug Jaculet Mines—
Chibougamau Mining & Smelting-

Oct

1.10

;

East Malartic Mines.

Oct

16%

;

Jun

3.00

•

9.50

3.85

2.50 Sep

15

Copper

1.09

85c

24%

common

East

Oct

•

Chesterville Mines ;

2,000

Jun

Apr

Oct

33c

29

5c

Stores

Textile

2.70 Mar

Oct

•

7c

17
14

Dominion Tar & Chemical common—•

Dominion
Dominion

Oct

7li

Oil

16,480

22-%

Steel common

A: Coal

50c

4.20

:

3,400

1.95

Jau

Oct

14

22 y2 May

6,600

Gold

3.75

1.10

5.20

•

Oct

5,137

Rio

3.00
r

6c

Bridge

13%

8%

37c
t,

6 la

•

20.500

24%

—

4.70

4.80

~1

38c

•

—

Exploration

Oct

6.00

Porcupine

For

Jun

25c

7li

Chesklrk Mines

Cobalt

19

Oct

II

Explorers

Central

Chromium

Oct

%

4.20

Ltd

100

33c

Jail

Mar

32c

,

10% Aug

l,60O

10%

_1

—

Seagrams

9

1

Corp

Oct

2
2.50

Mines

10

4.95

Athabaska

Central

Chimo

Diadem
Distillers

1,900

1.50

Ltd

Asbestos

Cliib-Kayrand

Jun

5,650

Trethewey

Charter

July

29 %

13,787

—

Aug

1.21

1.23

Oct

7c

85,502

25c

Oils—

Palmer

Devon

3,775

3

J

OiJ Producers

Central

28

Oct

16,275

Gas

Mines

Oct

45c

Explorations

Can,so

Cayzor

660

Jan

1

Natural

Castle

23

23 li

4,770

-

56

Steel

1

Warrants

Cassiar

Oct

1.90

Mines

Canso

Captain

35 li

12%

;

20c

24,925

1

Dominica

2011

13,400

10c

14 7„

1G%

1

'

Mines

Feb

5 la c

22c

14

6%c

1
Ltd

Mines

31

*

Coy
Exploration

Erin

4,978

lJeluKe

Gold

25

I

Copper

Can Met

July

11

Corp

—;

Mines'—

Horn

425

*

Western Nat Gas 4%
Canadusa Oil & Gas
:

Can

D'Eldona

27

10
16%

4

1.65

3.00

Mines—

27

1

Vlckers

Candore

Deer

Jan

1.50

preferred

7c

1.21

-

-

B re wis

5.00

Canadian

Can am

Jun

9.60

12

Thorium Corp

Canadian

6c

1,74

Canadian Salt
Canadian

Oct

29c

♦

Prospect

Ltd

-

10

8.00

Canadian

B

Magnesium'

I_IIIII25

Jan

3c

Class

Decomsey

Dominion. Foundry &

-

Canadian

Jan

3c

20c

Railway

6%

Jan

8

warrants

Pacific

12%

Oct

Dominion

warrants

1055

July

*

Jun

26

65

1
1

16%

•

5

■sll

I

Explorers

14% May

»IIIl

Apr

5

29

Davis Leather class A

1214 Sep

Gold—

7.50

1

Daragon Mines

20

Oet

loc

common

Canadian

%

13

45c

Inca

Cos

Oct

50

A

12%

1

Oct

2.25

"'

10

—20c

common

Oct

105

100%

8,563

36c

Dacring

8.30 July

17

Z

Machine

———.

480

Hydrocarbon

Canadian

Oet

*

Oils

Jun

1'

Oct

85

2.75

10%

Ltd

1,485

*

Oil

Husky
Warrants

3.95

1

Homestead

Canadian

41

25

102

2.25

14%

Jan

5.00

63c

30c

;

May

100%.

1.30

Altg

90

F6b

24 lie

1

common

Mar

13

5

July

90

Oct

75c

Oct

9 la

Export Gas Ltd

7,640

Jan

40c

Oct

*

Oct

'»

Canadian Gen Securities class A
Canadian High Crest—

27%

A—

Minerals

Mines

18,600

—

Products

Sep

85

Cuseo

4.20

1

Dtyno Mines

25

3.50

Oct

3.50

101

9c

——-

—

50c

*

Food

Crows Nest

1314
13%

•

27%

•

-42c

•

19,090

Pershing

12%

Drawn Steel common

114,125

4.50

85c

13%

Devonian Petroleum

223,067

10c

3.50

„100

—.

1C

44c

Canadian

72c

8%c

4.00

1.85

12=14

•

GOc

8%e

1.89

18 %c Mar

'

32,499
24,600

*
com

-

Oct

65c

1

3.50

13%

Canadian

Dredge <fe Dock

60c

1

Canada

9li
•

25

.

Oct

1

•

—

Oct

5c

20c

•

10c

A

common

Apr
Fob

17c

Warrants

18,938

-•

24

9%

Canadian Decalta Gas warrants

Canadian

*

41%

2414

,•

Oils

39c

30c

11c

7,700

*

40

•

29c

7,207

•

5»40

20

common

«

73 li
,

10,000

10li

Oil

class

25

Jan

'

13 la

,

Oct

9,186

37% Mar

85

85

1.00

May

55,500

Crestbrook Timber preferred—.

Crowpat

May

95c

23c

—1

Crestaurum Mines

Croinor

22c

Oct

5%c

Warrants
,,

Oct

45c

"

3914

Oct

10 '/a

Chemical & Cellulose

Canadian

2.85 Mar

Aug

33%

12.50

Canadian Chieftain Pct,e__
Canadian Collieries Resources Ltd
Preferred

Canadian

Jan

4,50

33

4.10

._

Canadian

Oct

1.01

Mar

100

•

76

75

85

25

Preferred

Oct

24'

745

-

35

l

Minerals

Rights
:
_'
Canadian, British Empire

Canadian

Oct

1.80

2,620

; 35
'■

1.30

pfd

Preferred

_.

0,686

1.20

35

33%

warrants-

preferred

%

24%

"

Bank of Commerce

Canadian

1.01

*
__<■

Canadian Admiral Oils

Canners

980

23

1.95

*

9c

2.100

lilac

Zinc

of

2,500

5c

___—__—

Oil

Crec

May

Jan

52c

11c

—_:

Distillery class
Imperial
Lead

Apr

Jan

1.05

9%c

17c

Ltd

Cosmos

8% May
17

47

Cable class B

Canadian Celanese

13'i Feb

90

Steamship preferred—;

Canadian Breweries

5% Aug

100

25%

Petroleum

Atlantic

400
-

47

*

.

Canada Southern

British

6

16

26% Jan

90

i,

Ltd

160

Oct

24%

10

x—

Canadian Astoria

6

16

*

—

27

2.50 May
21

17c

5c

Copper-Man Mines
Copper Rand Chiboug

•

Oct

lie

III 10

—_—f,

5.10

Oct

Gc

2.35

—

Exploration
Copp Clark Publishing

4.85

.

Oil

$1%

Jun

*

Safeway

Canadian

80

Class A

34c

20,250

18c

Conwest

4.25

Permanent Mtge__

Canadian

Oct

Jan

—100

Canada

>.

55

•

Canada Southern

Canadian

1,460

26

;

Canadian

58

Aug

4.60

-

Canada Wire As

55

58

__.

Canada

Canada

July

1..>5

3.75

Stone

Packers class A

Class

36

20

Lands

Warrants
Canada

Oct

*

common-

—

Oil

Oct

17

4.25

.

preferred
Malting common.—

Canada

Oct

60c

4.75

Canada Iron Foundries common
Canada

20c

12,860

20,256

7c

July

16c

Oct

1

Pcroleum

3.95

...

Canada

Consumers Gas of Toronto com

9,706

20,720

23

50c

*

51c

27c

75c

17

5c

1

Sudbury Basin
Tungsten
Mining..

Consolidated

60c

23,500

9c

.2.50

Mines Ltd.

3.20 May

20 Vic

6c

—1

Consolidated Sannorm Mines

9%

Jill)

68C

38c

lGl'aC Feb

45c

9c

1

Mine

Aug

May

82c

1-;

Gc

1

7c

Oct

July

34c

42c

1

.

11%

20c

38c

2,100
15,500

5c

Mines—

15c

1

common

Canada

21.800

475

—1

t

common

Preferred

26c
45c

17c 20%c

19c

I

12,500

1

Campbell Red Lake
Cement

20c
42 c

1
2

60,600

22

•

Calvan Consolidated Oil

Canada

Jan

9%

22c

•

Campbell Chibougamau

Canada

Apr

8c

25c

Calgary & Edmonton
Calgary Power common.

Oct

5.35

28%

25c

West

31c

Oct

Pershcourt

Consolidated

Apr
Oet

40c

»
1

15c
2.05

1214

9%

-

Cabanga

5,314

18%

Oils

Consolidated Regcourt

31c

13,662

Quebec Gold Mines.
Consolidated Red Poplar Min

Jan

30c

lie

1.40

,28,575

Consolidated

May

20c

2.90

15c

19 c
————

Apr

1.10 May

88,000

19%.

III i

Ext

Jan

3.75

8,880

24c

2.05

Northland

Consolidated

Oct

1.38

Oct

32c

1.55

20c

Mines

Feb

July

Oct

Oct

23c

23c
1.40

18 la

.

Apr

6

July

2.60

Explor—

21c

37

Mar

May

45c

19%

Mines

11 %c

Jan

4

50c
11c

Aug

Ltd—

Consolidated Moslicr

5c

337,780

May

28c

30

Jun

15c

1.45

1

—

2.05

Smelting.

&

Aug

4.25

7 Vic

Lake

Burlington
Burns

B„.

Mining

5c

4,350

5 lie

Products
class

Consolidated

12,000

73c

1—1

-

Jan

6c

4.75

_•

2.

19c

Ltd

Oils

Mac

41 ic

32%

Gold

Lake_

Ltd

Oct

68c

1

Building

Oct

5c

4 lie

Buffadison Gold

Bulloclis

10 li

Gold

Jan

6%c Sep

7.000

11,950

1

LI

Mines.

Marbenor

4.25

1

Smelting

<&

60c

7c

18c

1

Gold—

Howey

17c

1

Consolidated Halliweli

3314

6,010

1

Mining

469

6,878

38 li

Mines

Brunswick

13

361 i

37

.—1

.

Brunsman

II li

3314

38

7c

16c

1

Lake———

35%
—25

Mines

Bunker

——

Gillies

Consolidated

12 la

;

Co_I

Company

Brunhurst

Burchell

Mar

1

Power

Columbia Telephone
Broulan Reef Mines

Red

warrants

B

75c

46

1

Columbia

Buffalo

Class

Mines

Iron

Fenimore

.00

...

British

Brown

Consoi

.10

preferred

British Columbia Forest Products-.
British Columbia Packers class B_.
British

135

42

Jan

23,200

18c

Gl'aC

Jan

54,500

13c

16c

8c

12c

Flin

Cadillac.—

Consolidated
.50

9c

16c

Mines—

Jun

8.50 Aug
Jun

Electric—,

-

Oil

19

Oct

25

8c

Bakeries

Jan

1.49

1

Corp—

Jan

10

13c

26,950

;

Oct

18c

:%8

15%

*8,753

331 i

4.10 Jan

15li

74,810

1

36%

Britaka Petroleum
British Amer Oil

15% Jan
GVst Oct

Apr

13,600

55c

24c

-

,—.

Key Mines
Conro Development

Feb

4.60

2.00 Oct

200

GOc

27c

6c

———

Con

1714

15li

_

...23

preferred

30.100

8% May
85c
Juii

•

_

Sep

2,318

Apr

1

Mines——

Pete

1.10 July

17

—

4% fo

21c

2.14

Jan

7%

1

Copper

Yellowknife

Caniaurum Mines

6%

6 '14

common

preferred

17c

75c

32.375
.

'

Preferred
Brilund Mines Ltd

4 % Co

21c

1

Gold. Mines

Lake

7c

33c

4.25

8

_1

9.500

9 lie

1.80

7%

Equipment

Farm

72,600

6,000

1.51

High

Low

High

1.68

—

Reco

8c

„

common

Columbia

35c

Low

Range Since Jan. I

Shares

8

Cochenour Willans

Jan

43c

6.00

(T Gj

British

24,550

6c

70c

7c

common
__

48c

Oct

8lie

7c

Warrants
Bright

4,034

for Week

of Prices

Par

High

33c

_•

Cordage class

Brazilian

Low

7e

.1

_

Range Since Jan. 1

Sales

Range

Sale Price

40c

—1
.1

Mines

Bralorne Mines
Bralsaman Petroleums
Brantford

35c
4 lie

1

Bouzan Mines Ltd
Bowater Paper x.

Shares

10c

Week'a

Last

STOCKS

High

9c

5 lie

-1

BorduJac Mines

for Week

Low

Black

OCTQBER 25

ENDED

Sales

Range

Par

WEEK

FOR

Friday

Week's

Last

69%

177

20c

29c

14,445

2.45"Aug

1.52

APr

3.65

Apr

Power

preferred
5% ',i preferred
.

Jan

78

Apr

Oeco

18C

Oct

55c

Jun

General

Mines

r__.

.--t—

r

Ltd

Bakeries.

28'

2,446

,._i.

i—w

100
100

95V4

160

93

102

102

5

102

Sep

7.70

7.00

8.25

12,750

7.00

Oct

4.75

5.00

350

4.75

Oct

31

Sep

102

1

5V
.

62

♦

common

?

95%

96

106

,

107-

July
Apr
Mar

13%, Apr

t

-

6.00 Aug

186

Volume

Number 5685

.

.

The Commercial and Financial Chronicle

.

(1881), .,45

CANADIAN MARKETS
RANGE

Friday
STOCKS

Sale Price
1

'

'

General

Dynamics

General

Petroleum

Class

A

Goldale

37%
3.G0

I,500

2.85

2.60

3.00

1

Mines

3,700

4.00

4.50

5,000

1.20

1.55

20,065

13c

15c

6,900

12c

6.000

13c

Mines

13c

8%c

1

:

Mines

13c

1

16c

May

7c

9c

6,000

7c

Oct

40c

22,600

35c

Oct

2,700

153

2.10

8%c Oct

153

45

7%c

6%c

8c

31,500

11c

lie

20c

13,925

11c

Mines

1

1.41

1.25

1.55

5,100

31

28%

32%

2,675

urauduc

Lakes

Great

Paper

•

_

,

Great Lakes

Great

Power common
Gas

preferred

Great Plains
West

Class

200

Oct

1.25

20c

Oct

28%

May

25c

5.60

Oct

Jan

Oct
Jan

47 y2 May

16

50

Develop
Coal

B

100

Oct

27 %

6

3,310

574

Jan

10% May

2.95

3.50

1,450

2.95

Oct

42%

42

42%

19%

15

19%

6

6

1,013

4.75

5.00

3,340

4.25

4.25

100

—.

-

1

class

16

5%

*

1

common

Warrants

Great

Jan

Mar

3.50

Northern

S2.30

142

Jan

34c

6%c Oct

*

——

Feb

May

1

*

common

Bousquet Gold

Sep

28c

Grandroy Mines

Graham

Jan

2.30

Oct

35c

12 %c

5.80

70c

Aug

1.15 Aug

8%c 12 %c

36c

1

15c

3.70

Jan

July
1.30 May

Oct

——I

Jan

42c

Oct

1.39

July

6.00

Oct

25c

Apr

6.25

Oct

12c

4.10

1

Tire Canada

2.60

9,700

38c

45

Oct

1

Goldfields Uranium

Goodyear

4,450

12C 14 VaC
25c

1

Manitou

Golden

3.05

A

*

:

mmmrn

•

^

-

16

•

*6.90

Jun
Jun

70

42

Oct

52

Jun

5,945

,

15

Oct

48

Mar

5

Oct

8%

4.75

Oct

7

4.25

Oct

*

—'—

18c

10

Gulch
Gulf

Trust

Lead

1

.

Mines

Cotton

Rock

Mines

Red

Gold

&

Paper

5%c

17,200

28

25%

28

1,010

13

15%

10

6

.

Mar

6%

14

Mar

Oct

15c

Mar

Apr

5c
22

300

21% Mar

13

Sep

6

Mar

16% Mar

20,928

33c

15,100

Macfie

1

5%c

5%c

6c

6,000

7%

Macleod

Cockshutt Gold

Mines.,
Bloedel class B

Macmillan
Madsen

Mages

Red

Sporting

Magnet

Consolidated

8c

Oct

17c

20,600

11c

Oct

62c

Oct

ll%c

Aug

11c

Jan

1.19

1.18

1.26

30,600

1.18

1.85

Jun

Maneast

Uranium

•

16c

Maralgo

5%

5,140

75

75%

300

75

40c

40c

500

40c

5.00

6,525

Matachewan

Maxwell
McColl

1

39

300

38

Oct

46

17%

Oct

36

Jim

McKenzie

Red

86

5

67

69%

749

Lake

Oct

20c

Jan

Oct

53c:

Apr

1.25

2.55

2.40

3.00

25,914

Exploration & Development_50o
Mercury Chipman Knitting
*
Merrill Island Mining
__1

15c

12c
8c

8c

100

5c

63c

55c

65c

55c

9.60

7.90

10

61,900
12,920
9,900

Medallion

1

Petroleums

Mentor

Merrill
Meta

Petroleum

Urvniura

1

Mines

Mexican Light &
Preferred

Metals

Mining

100

75c

80c

40,450

1

77c

20

30%

—

30 %

500

86%

Apr

Muiti

Sep

Nama

Creek

Sep

National

46c

Jan

Oct

16

69c

Oct

2.20

Apr
Apr

Sep

35

Feb

30

Grocers

Sep

65

Jan

National

Steel

9

Feb

15% July

National

_.lo

48

48

50

100

48

Oct

68

Feb

N"«lon

Imperial Oil -J
-«
•
Imperial Tobacco of Canada ordinary_5

38%

35%

39%

28,044

33 76

Oct

60

May

11%

11

11%

10 %

7c

5%c

3,077
69,500

Gold

1

Corp

Ltd

84 %

80

23%

preferred

23

26

3,930

6.05

common.*

5.90

6.05

3.160

100

-

85

■

85

25

5.90

(John)

rngils

&

j.

*

6%

6

6%

100

•

2.85

2.75

3.00

2,210

10

Co

84

Oct

Nesbitt

Jan

New

Jun

New

Athona

New

Bidlamaque

94

Inland

Cement

Co

Inland

Natural

Gas

preferred

14

12%

14

3.161

1

7

5%

7%

12,o30

20

14

14

14%

1,820

common

Preferred

Warrants

Mining

International

Co

common

Bristol Oils

New

British Dominion Oil

New

Calumet

New

Chamberlain

International

1

Ltd

Interprovineial

25c

Copper Mines Ltd

Irpn

Bay

Mines

6.50

Jun

Oct

37c

12,700

35c

Oct

69 %

21,289

63%

Oct

38

34%

39

3,507

34%

Oct

10c 10%c

5,900

10c

Oct

'

#

90c

Concord

New

Davies

Waite

Mining

Jan

New

Goldvue

May

New
New

Highridge

9%

8%

9%

4,860

33c

42C

II,700

New

Jason

5.20

Apr

New

Kelore

1.85 Aug

Newlund

13c

22,000

10c

70c

15,325

50c

Oct

30c

55,725

16c

Oct

10c

9c

lie

16,500

9c

Oct

G5c

13 %c

17c

75,440

13c

Aug

62c

Jan

28c

Mar

Joburlce

Gold

Mines

10c

9c

11c

21,500

9c

Oct

Mines

Joliet-Quebec

22c

18C

25c

41,550

18c

Oct

8c

7c

9c

22,100

7c

Oct

37c

32 %c

Mines

Mining

Jowsey

1.35
96c

Co

Ltd.

40c

32 %c

Oct

20c

26c

21,700

20c

Oct

1.96

1.65

2.25

21,900

5c

15o

24,400

23c

Jumping Pound Petroleums
Jupiter Oils

4c

6c

49,000

1.65

Oct

'r

Apr

Gold

Mines

Kerr-Addison
Kerr

Lake

Kilembe

Gold

14%

Warrants

Labatt

J

73c

Osu

Shore

1.05
67c

Lamaque

3

New

Mines

A—

Oct

1.85

Jan

71

Oct

2,267

19,655

95c

3,900

8c

Oct

17c

Aug

14,600
2,037

12c

Oct

39c

Apr

Jan

15c

16c

1,750

15c

Mar

8.00 July
19c
Jan

Sep

4.25 May

2.60

3.10

2,650

2.20

2.25

1,400

18

18%

655

10%

10%

200

1.02

23,250

90C

7c

5,500

3.75

2.50
2.10

Feb

17% Mar
9

Jan

73c

Mar

5

39,480

15c

6,700

2.59 July
20

July

13

7c

Aug

17c

Jun

1st

pfd

30

12,150

1.15

1.50

35,900

250

35c

8,722

20c

Oct

40c

Apr
July

24c

33c

32,400

24c

Oct

70c

May

Oct

30c

Jun

A

3c

27,225

7%C
10c

Oct

10c

15c

5c

7c

21,700
15,400

5c

6%c

21,000

5%c Oct

13c

18c

29,350

13c

Goldfield

Ml
Mining

footnotes

I

77"
Co

Mining
Nickel

Mining

1

Oils

see




page

Class A

North

—

Oct

2.65 May

12 %c

Oct

26c

1.00

33

36%

4,337

6c

10c

12,000

9%c

14,525

2.35

2.60

101,779

31c

43c

150,050

11c

14c
22c

Oakville

Wood
Lake

Obaska

Okalta

25%, July

O'Leary
Ontario

Jan

23c

Jun

Preferred

3,500

22%

Oct

Orenada

15c

80c

Jan

Ormsby

Jan

Oslsko

Gold

Minerals
Lake

Jan

Apr

6%c Aug

13 %c

Jan

11c

Oct

65c

Mar

22C

Oct

85c

Jan

Oct

6;l0 July
39'
Feb

1.50

1,290

1

59c

50c

63C

193,250

3.95

3.50

4.15

58,538

2.55
10%

2.05

2.75

25,605

9%

10%

5,865

36%

36%

37

325

2.35

2.80

30
1.45
50c

3.30
1.85

9%
36

Oct
Oct
Oct

OCt
Oct

3.50

Feb

1.67

Jun

9.00 Mar
6.80 Mar

Oct

17% July

Aug

41% May

3.50

690

3.50

Oct

9.00 July

2.30

325

2.25

Oct

6.25

1.30

15,400

1.00 Aug

2.10

1.10

1.05

2.95

2.95

3.00

1,000

30c

25c

35c

9,000

14c

13 %c 14 %c
18C

16c

Mines

2.95

Oct

25c

Oct

II,500

13c

12,600

16c

Aug
Oct

Jun

Jan

4.50 May
84c

Maf

30c

May

44c

Jun

9

"7% Mar

Jan

8

8

100

4c

6c

9,100

4c

Oct

11c

Mar

11,300

45c

Oct

92c

May

1

5%c

45c

50c

16

16

100

6c

8c

35,000

6c

Aug

23c

Jan

12c

15c

8,300

12c

Oct

80c

Jan

1.65

1.40

1.80

46,219

16c
1.50

12c

16c

26,000

1.25

1.50

33,250

37c

45C

48c

8c
12c

•

1

•
—

Debenture

Crush

Orange

July
19% July

11c

Jan

Jan

57%
34c

1,300
25

43c

Opemiska Copper

23c

45c

Oct

Oct

13,900

2,150

Warrants

8c

Oct

6c

Jan

30

90o

8c

10c

33

*

Malartic
Club common

&

Jan

*

Jockey

Loan

Jan

14 %c

Jan

3.30

•

Ltd

Oils

Ontario

3.35

Oct

1.59

20

Mines

1.49 Mar

Jan

Oct

5c

6.10

*

Specialties.;

1.70 Mar

5.00

Apr
Mar

Oct

20

Mines

Specialty Mfg—:
Rockland Gold
Oka Rare Metals Mining

43%

Oct

12c

3.50

Mines

Gold

vO'Brien

1.16

Oct

Oct

30
1.45

4c

30c

1

Mines

Oct

Oct

85c

2,000

2.80

-

Mines

Nudulama

Oct

6c

5c
1.30

*

Northern Telephone
Northland
Oils
Ltd
Norvalie

4c

22c

2.40
35c
12c

warrants

Northern Canada

Jan

2.30

Warrants
1956

Oct

Jan

85c

50

Oct

15,300

Feb

30
1-45

warrants

Star Oil common

Preferred

8c

6%c

20c

1

-

40c

6c

4%c

1.34

12,000
9,900
17,388

3.30

:

Uranium

65c

—

46

6c

•

common

Rankin

11,050

Sep

4%C

50

Canadian

34,100

17.000

Jun

7%c

*

Ltd

Oils

186,550

16c 17%e

13c

17,800

•
1

Corp

lie

16c

Mines

Oct

10c U %c

8c

1

Mines

82c

350

5c

11,500

11c

55c

•

1,500

38,775
19,810

36'A

8c

22%

Feb

5c

6c

♦

45c

21

20c

1.45

1

.,65c

22%

52c

Oct

1.20

1

70c

8c

Oct

Aug

8c

5c

Mines

25% July

13 %c

Jun

May

11c

1.16

Mines

50c
—.

Yellowknife Gold

23,833

Jan

26c

53c

35c

1.00

1,165

5c

'

7,250

1.37

26

3%c

May

19,100

1.02

1

;

25%

Feb

Jan

35c

•*'. 25c

12 %c 12 %c

*

Feb

Jan
Jun

48c

15,500

1

Ltd

*

May

24c
36c
*

12c

1

Mines

Rim

Mines

Ogama

16

Sep
Jan

8c 10 %C

5c

Office

16

Oct

Jun

5c

*

Jun

39y2 Aug
3%c Oct

Oct

5%c

Apr

311

-

Jan

2.70 July

Oct

10c

17c

3.50

1,250

\

6%c

2.85

1,360

24c

OCt

28,100

42c

20

Oct

18,975

12c
14c

Oct

19

Oct

3c

Oct

40%

95c

10c

Oct

Jan

2.10

Oct

7%c

4c

18

9c

29,500

G%c

1.20

May'

48,500

1.40

2.60

Oct

1.22

5c

90c

18%

95c

14c

25c

18,810

56c

Oct

12c

21,250

39%

2,500
*

Oct

Oct

1.15

65,200

17C

9c 13 %c

1.33

1.45
18c

10c

77,250

40

*

54c

1.90

1.10

10c

I
7

14c
25C

1.70

361,300

4c

Warrants

31c

45c

1.42

18

50

1.25

1.74

1.25

30

Juil

Juri

7,625

41,000

21c

5%c

Oct

1.00
3.15

37c
1.80

4c

25

Mar

May

18C

90c

25%

Oct

25c

Jan

67c

25c

1.30

1.30

23c

12 %c

1.45

Feb

1.60

Oct

Oct

32c

1

Mines

Warrants

-

■

5c '' Oct

1.70

Apr
Apr

5c

Explorations
Long Island Petroleums
Lorado Uranium Mines

For

9c
15c

Feb

21,500

1

Rouyn—

Taku

Northspan

Oct

90c

7c

1.35"

,

Lomega

(W

3.25

Oct

23c

Senator

Mines

Superior Oils

North

111'% Aug

4.45

20

Louvicourt

Oct

Jan

21c

5 %c

1.16

Mines.

class

8c

2;25

4.30

7c

B

LyndhurM

18%
——

Preferred

Lynx

45c

81

2.95

Mines.

Groceterias
Cos

Lowney

49,046

60c

71

Jan

Feb

46c

5c

6c

North

Jan

July

Oct

5c

1

Northcal

Jun

1.60

2.20

3

class

Petroleum

Class

24%

—-

Long Lac Gold

Loblaw

19%

Oct
Oct

— 4-

Gold

Loblaw

Apr

10%
70c

May

44

14c

18c

Rouyn Merger

Gold

Preferred

3,990

5.05 May
29
.■

28c

6c

42c

Norsyncomaque

Apr

Oct

Aug

20c

12c

Norpax

Jan

1.34

Jan

Jan

5.05 May

6c

26,800

35c

Normetal

Jan

26c

12 %c

Candy
Acceptance

Gold

98c

Oct

30c

12c

Norlartic

Oct

21c

Jan

63c

Oct

"

5%c

"

Norgold

Jan

12,800

9c

Secord

Lexindin

Little

2.80

2.80

20,921

45c

30c

10c

Nickel

Jan

15

4.35

Mining

Gold

17%

1.10

2.25

7,000

Noranda

18%

18

18c

35c

Nipissing Mines

Feb

Oct

Aug

14c

1
1

Nisto

3.90 July

18c

18

79

Mines

Gold

6c

3,600

•

Exploration

New

Jan

70c

50c

_

Units

Mines

Laurentide

22c

48c

Oct

6c

19

37% Sep

Jan

July

27%

Oct

1

Minda-Scotia

New

July

10%

Mines

Wasa

Lencourt

13,900

71,184

Oct

25

6c

2.00

2,970

38

12%

May

1.90

3,350

21

38

1.16 Mar

Oct

25

1

Mylamaque

New

Jan

13%

__

Lingman Gold Mines

Luz

13,400

7c

77c

2.60

Lake

Liberal

31c

6c

68C

1.10

May

2.18

19

38

12

Manitoba

Newnorth

Jan

25c

18%

Exploration

Mines

Gas

Lake

Leltch

22c

13
49c

Oct

1.90

20

84c

Feb

17c

220

2.00

Oct
Oct

9%

10% Jan

50

3.80

July

44c

'

71,400

3.80

May

71

•

Mines—'

Mines

New

Jan

1.00

&

Mines

Dufault

Laura

1,500

75c

Common

La

1.26

6%c

Ltd

Minine

Cinch

Lakeland

Lake

360,310

28c

-

(John)

Labrador

Lake

6.234

2.10

1.10

Kirkland Minerals

Lake

15%

1.61

Copper

Kirkland Hudson Mines

Lake

14%

1.73

~

Mines

4c

24c

25%

Apr

18

1

<

Nor Acme Gold

Kenville

17c

1.09

Oct..

•

Gold

New

Jun

>

25%

21c

Jan

Jan

Oct

18c

150

1

Mining &
Smelting Co Ltd

July

17c

33c

11

4.50

Oct

1

New Hosco Mines

Jan

Oct

11

2.05

26% July

14

28,300
210

Jan

48%

13,700

27c

10%

44c

Jan

30c
May
14% Aug

1

Jun

2.20

Oct

60c

18c

10%

54c

45c

Oct

52c

3,225

10%

Oct

Mar

3.50 Aug

840

60

Jan

_1

15%

16c

Jonsmith

14'A

1

Mining

Oct

50c

(1939)

62c

14

21%

35c

17,300

52c

48%

Jan
Mar

22%

20

Apr

17c

Oct

6c
11

400

14

55c

50o

-

Mines

Oct

Feb

23

3.50

59

•

Harricana

July

14

23

3.50

*

Explorations

19

10c

Mines

83,050

23

1

70c

Jellicoe

49c

35c

42c

Gas

13c

Ltd

104

New

30c

Minerals

6,284

Apr

Oct

9c

26,300

9c
12

Jan

J aye

Jeanette

14c

6C

12

1

62

1.40

9c

New Fortune Mines

Oct

1.10

He

50c

Canada

Mines

Oct

7,300

2,400

41c

9% July

10,500

11

Apr

Jacobus

Mining Corp
Exploration

of

Petroleum

10%

1.75

10%

57%

New

Jack

Petroleum

Oil

Mines

32 y4

1.30

10

n

Delhi

700

1.40

5%c Oct

Dickenson

939

1.10

6,100

New

23,664

1.55

7%c

New

11%

8%

5%C

Apr

10%

33c

3.25

Jan

111

39 %

-

Oct

1

Development

10%

——

1.90

1

Continental

32%
10%

37%

1.30

Ltd

Products

New

35C

*

5
25c

Class A

Isotope

3.00

New

Jan

300

40o

Mines

33c

Bldg. Credits
Pipe Line
Syndicate common

inter provincial

Irish

2,950

Jun

Jun

19%

1.95

1

Gold

New

12%

4.45

1,95

1

i

Mines

Jan

24%

Jan

1

Alger Mines

Apr

Oct

1.61

1

:

Jan

Oct

63%

Uranium

8

Oct

36c

•

Ranwick

3.50

5%

67%

1

Nickel

International Petroleum

Investors

3.00

3.00

Inspiration

12 y2
14

Labine

6%

Oct

20,230
145,850

"

10% July

Jun

6

2.75

2.35 May
40c

23c
2.40

•

Mines

Apr

'

Ingersoll Machine class A

Oct

15c

1.95

25c

Mines

32%

Oct

Oct

15c

50c

22c

10

24c

Mar

45c

45c

50c

1.30

2.15

»

Car

12%

5%cOct
23

4.35 May

•

Trust

Accept

Oct

*

44

Lake

35,550
1,400

»

584

Warrants

1.90

20

...

preferred

National Hosiery Mills class B
National Petroleum—

600

Industrial

1.30

5

Explorations Ltd

10%

Indian

1.75

1

National

44%

July

1.70 Mar

1

National

Nello

Oct

__B

com

1

44

Assurance

60c

•

Works

Chemical

Preferred

10%

Life

89,620

1

&

44

Imperial

77c

*

Mines

Drug

10%

.10

Imperial Invest class A.

Jun

60c

■*

Minerals

17
40c

Aug

1.73

70c

•

Locomotive

Oct

18c

Oct

1

Porcupine

Oct

12

Sep

38c

■»

Corp

Oct

7,500

13%

145,095

1

Brewery class A
Knitting common.

\

14

15% Mar

52c

.1

45%

14

Oct

38c

•

Mines

45%

*

24%c Jan

Oct

11% Oct

•

Corp

•

y2

Jun

•

Moore Corp common

8c

Oct
Jan

18 %

Oct

1

Containers class A

Montreal

7c

10%

Mar

2.08

•

Uranium

Brick

Mogul

20c

45c

_

Lake

Molsons

45c

1
,

Oct

JUn

•

City Petroleums

Ore

Feb
••

7.90

1,000

5.35

Oct

12c

200

12

Oct

Jun

1

Gas

Industries Gas

Modern

9c

10%

30c

•

13.50

Warrants
Mill

7c
•,

2.40

15,100

11%

•

common

15c

10%

1

Power

Moneta

12

Oct

6 %C

23% May

7,910

May
July

116

16c

23 y2 May
7.00 Jan

17,785

96

Oct

20c

Oct

372,808

Sep

67

6,700
7,800

Feb

15

Oct

84%

Jan

13,500

Jan

18c

87

17c

10%

27c

89c

Oct

24c

11V*

8c

~

Oct

9%c

118,356

12

Jan

13c
45

16c

/ 26,184
( 24,850

19C

Jun

20c

16

14

7%

6%c

3.50

19C

Oct

Jan
Mar

8c

15%

13 %c

60c

•

itic

2.80

1

Oct

Jun

22c

11%

45

7%
87

1

12%

48

21c

*

3.00

'

Jan

Jan

Lake

15%

2.80

2.08

Mines

•

Imperial Bank

86

69

Apr

Red

McMarmac

•

Mortgage

86

15c

McWatters Gold

May

8,390

Oils

Humber

Huron & Erie

2,030

62c

Sep

4%

Apr
Mar

36%c Jan

Oct

5%

35,600

51%

•

Min

19%

Hugh Pam Porcupine
Hughes Owens Co class A

17c

45

100

Oct

38

Smelting

13c

51

Porcupine

Jun

17%

;

17c

•

Preferred

Mclntyre

Monarch

Mining
r— i.
Hudson Bay Mining &
Hudson Bay Oil
Rights
l__.

4.50

common

16
Class B

5.00

Mining Corp
Mining Endeavour Co

19

Hoyfe

__.II1>

:

Frontenac

Mindamar

5

*

Maybrun Mines

Jan

*

.

Consol

Ltd

Oct

Ltd—

Oct

11c

5%

Oct

July

10 %c

10 %c

75

6c

2.00

Oct

5%

51/2

47c

52c

.lie

7%c

Oct

64c

Sep

•

Milton

Feb

Oct

Jan

6c

1

com

Preferred

Jan

17c

12c

19c

100

.

Massey-Harris-Ferguson Ltd

1.07

85c

I,000
20,975

173,725
12,500

Sep

2,600

88,200

6c
13c

Jan

8% Jan
92

Sep

52c

31c

15,200

32c

6c

12c

34c

'

6% May

55c

127.050

23c

22c

12%c

Oct

12c

83

1'

Milliken

1.25

29%c

1

Mining Corp
Martln-McNeely Mines

Jan

5%c

67

Maritime

Apr

17c

200

83

•

May

1.09

58,400

7%

83

1

Mines

17c

4%c

16c

7%

Marigold Oils Ltd

27c

21c

12c

*

Mines

Maroon

Oct

100

Preferred

Oct

12%c

Ltd

Maple Leaf Milling common

Oct

1.25

1.30 May

Aug

4c

5c

4%c

Jan

4c

14c

1

80c

Sep
Jan

5.500

9,500

4%c Oct

l

2,05

23,000

15,000

-12.000

Mines

35

Oct

1.35 Aug

5c

7c

Jun

100

1.34

May

22%

4c

15c

6%

81c

98c

4c

46c

18c

81C

10c

27,900

4c

36c

205

23,690

Jan

4C

5%c

24,500

3,993

1.70

Jan

18c

1

41c

8c

1.15

25%

1.60

65c

Oct

•

6%c

5%

1.12

23%

1.66

Oct

Sep

5%c

Goldfieids

Midwest

4,500

14c

6c

Goods

1.13

25%

1

2.31

26c

Majortrans

Aug

10c

5%

1
•

Mines-

Mining

8c

■

Gold

Feb

1.72

Malartic

Midrim

20o

Gold-*

Lake

Jan

11c
14c

Explorations

1

Canada

Con sol

2.26

26c

Oil &

1

Co

2.22

32c

Midcon

—4

-

Range Since Jan. 1
Low
High

High

2.25

1

30% July

11c

*

common
;

Dauch

Oil

Home

5c

1

Bell

Hollinger

5c

'14c

L«

Oct

5c

Low

Shares

1

1

High wood Sarcee Oils__
Hinde

Oct

4.50

•

Par

1

.

Lake

Gold Mines

Highland

>'

A 10 «/4

58,701

Jan

1

Mines

Hendershot
Heva

Oct

4)6,438

May

49c

1

Hasaga Gold-Mines
of Lakes Iron
Heath

12,000

14

15%

Head

Headway

7c
6.50

*

Gold

5c

25
'■

4.0O

——

Feb

67c
Apr
12%' Apr

Oct

10%

'

common

Minerals

Harrison

B'/ac Oct

Oct

3.20

•

Harding Carpets
Hard

14,300

5.50

2074 July

9c

18c
a

1

Gold

Gypsum Lime & Alub
Hamilton

800

b.oO

_

Lake

...100

21

12%

1

Warrants
Gwiilim

7%C

l

i.

Mines

Gunnar

266,600

3.20

•-

Ltd

Mines

■

20%

23c

3.20

6%C

90

Guaranty

20 %

22c

•

Gridoil Freehold

.

for Week

Macdonald Mines

Jan
Mar

"

Greening Wire
i
Grey hawk Uranium

Sales

Range
of Prices

Macassa Mines

63%

Oct

35

1

,

Mines

Mines

Goldcrest

i4%c
25y2c

Week'*

Last

Sale Price

High

Oct

•

"

1

•

Gold

47

1,814

3.05

.

Mining
Uranium

Glenn

35

3.05

Prosp

Yellowknife

Giant
Glacier

530

37%

„

Scientific

ueo

25

Friday

Low

49%

1

common

OCTOBER

Range Since Jan. 1

High

47

ENDED

STOCKS

Shares

1%
Canada

Mines Ltd

Genex

of Prices
Low

49

1

_

Motors

General

a.

WEEK

for Week

r

Par

FOR

Sale*

Week's
Range

Last

9,100

16

1.35

Feb

Oct

Oct
Oct

47c

Oct

95c

Oct
Aug

1.25

910

22

22

305

22

1

6.00

5.75

6.75

56,491

5.75

Oct

*

1.50

1.75

400

1.50

1.50

Oct

13c

27.500

10c

Oct
Oct
Oct

7%

10

8%

2.87

37c

12c

7

10

16

1

13c

10c

1
»

30c

21c

30c

8,300

20c

21c

20c

23c

24,000

20c

2.40

Feb

Jan
Jan

Jan

May

9% May
28

Jan

14%

Apr

3.15
42

%c

Feb
Jun

69c

May

54c

May

46

The Commercial and Financial Chronicle

(1882)

.

Monday, October 28, 1957

.

.

CANADIAN MARKETS
RANGE

Week's

Last

Friday

Low

Low

Tiara Mines

%

16 '%

22

41,938

100

91

103

1,421

36c

36c

700

35c

Oct

57c

May
Apr

10o

26c

21c

30c

28,300

21c

Jan

74c

Jun

6C

5'%c

7c

20,500

5'%c

Oct

13c

Jan

4'%C

4,/2C

3,500

4'%c

Oct

10c

Jan

Toronto

1

16'%

Feb

91

Oct

36% July

——

—™———

.

Pamour

Oils

Western

Pan

Mines

Paramaque

1

M'nes

Paioec

1
—*

49c

3.75

3.75
45c

5.25

Exploration

.—1

Peerress

common

•40

Gas

Gold

20

40

Oct

15

Aug

23

Feb

92 %

92 v2

225

91

July

99

Jan

Transcontinental

2.25 May

48c

40c

50c

9,800

40c

Oct

1.50

Jan

Ultra Shawkey

90c

88c

1.00

26,350

1.83

Apr

Union

38

38

38%

75

Jan

2nd

1.00

95c

1.00

21,527

1.20

1,20

1.23

1,500

1.20

5'%c

7,520

5%c

5>/2c

6d

8.25

8.00

8.50

30c

40c

16,600

32 %

31

34

2,844

—1

31c

31c

35c

11,500

Warrants

Jan

Union

Jan

United

Asbestos

Jan

United

Corps Ltd class

15c

Mining

Oct

13 %

Oct

77c

30'%

Oct

46'%

Jan

United

Fuel Inv

31c

Oct

1.00

Sep

United

Keno

United Estella

49'%

591

48 y8

Oct

83'%

Jun

United

3.00

200

3.00

Oct

5.90

Apr

United

5c

5c

7,500

Oct

13c

Jan

4.00

5.50

1

™

Dome

4.50

Mines

-

4.50

5,010

65c

75c

3,100

Oct

1.75

5.80

6,000

5.00

Oct

8.80

4.15

.

4.95

7,860
33,400

3.90

Oct

66c
65c

99c

"

72c

65c

80c

5,800

•

2.38

1.80

2.60

327,985

—•

Ltd

Gc

5c

6c

3.20

Oct

65c

6,000

Oct
Oct

1.70 Mar

5c

Oct

7%

Sep
July
Apr

3.95 Mar
2.30

July

4.25 July

18c

Jan

Quebec

3,998

8c

Oct

165,440

40c

Oct

35c

43,800

28c

7c

8c

28,700

7c

4.75

5.70

9,870

Oct

Mines,
class B

Vanadium

Vico

18c

12,500

16c

Oct

1.10

34,900

88c

Oct

36,662

12'/2C

Oct

8.05

8.05

8.70

4,335

—1

18c

15c

18c

22,000

8.05

Uranium

Mines

Reef

1
—

99c

8V2C

Explorations

.

1
1

...

Rupununl Mines Ltd

Rio
Rlx

Uranium

Athabasca

Robertson

Mfg $1 pfd

*

80c

Jan

2.45 May
28c

Aug

Waterous

Mines

Rockwln

1

Rocky Pete Ltd
Roe (A V) Can Ltd
Consol

Rowan

•

Mines

Weeden

Equipment

1

Pyrite

Werner

Oil

Royallte

Lake

Maurioe

St

Michael

Uranium Mines

Preferred

Oct

20

Oct

37c

9c

Apr
Oct

1.00

Jan

10

Oct

25'%

Jun

14%
28

89

9c

10c

2,500

ll'/z

13%

12,180

5'%c Oct

yo

40c

58c

1

13c

llc

15c

10

11

13 '%

Oct

90

Oct

22,900

40c

Oct

18,700

llc

Oct

9% Mar

25

25

330

231%

200

55c

12,453

20e

281,400

13c

Jan

45c

58c

137,950

45c

Oct

25

Oct

30

180

2.15

54,998

13i/2

13»/2

125

*

Jun

Mar

Jan

15'/2c
25

1.35
40c

Aug

57c

1.82

Mar

68c

16'%c
30

98

25

May

•

2.02

Jun

Deb

45o

1

50o

Jun

38

Oct

23 Vi

53c

23'%

17'%c Aug
18% Jan

15'% July
30'% July

24%

23i/2

curny rreeuold Petroleums
A

Oct

11'/a

II

Feb

July
May

Oct

53c

15c
24c
77

9c

1,295

May

Oct

24% Oct

bO

1.82

Jan

9c

55

6,690

50c

•

Ltd—

Jan
Mar

22c

1

Oils

Jan

21c

74,472

24 Ya

common

1.82

70e

Jun

1.82

Jan

80

Jan

Oct

3.95

Jan

12'/2 May

13'%

4.35

4.05

5.50

46,990

Sep

8.75

22'%

20%

22%

1,745

20

Oct

24%

40

40

41

360

40

July

44 y2

35c

38c

38c

38c

1

4.55

4.05

4.95

82,903

*

21

21

21

345

Voting trust
Sigma Mines Quebec

20

19%

20

350

1

4.00

3.80

4.00

800

fiiaer

1

35c

32c

40c

50c

17c

15c

17c

10

9%

10

823

3.60

500

Miller.

Silver

™

conunon

Mines

Standard

Silver wood

Mines

Dairies

class

P

K

Mines

D

Slocan

bourls

■-

Ltd

1

Aug

4.05

Oct

Van

Roi

Ltd

15

Air

30,930
435

of

&

Western Canada

Decalta

Western

Warrants

•

"

Nickel

H_

Western

Naco

Western

Plywood

Weston

Propane

class

(Geo)

Class

class

Wlllroy Mines

8

Oct

16y2 Mar

Oct'

81e

Feb

8c

9C

2.25
21c

8c

8,200
1,600

21c

6,200

4.70

Apr

Aug

54c

Jan

2.00

Oct

21c

Jan

May
Jan

1.90

1.12

Feb

2.70 Aug

15%

260

14%

Oct

19% Aug

834

25

Jan

27

6c

1.63

Windfall

Oils

&

Mines

Wood

14%
27

27

1.35

1.70

52,208

26c

59c

18,450

25

25

25

76c

1.05

39,165

11

>11

100

17%

19

1.60
48c

-

-

—-

85c
'■

/

™

18 '%

'

.

63c

14C

28

May
3.90 Apr

IT'

4,796

17!%

17'%

Oct

4'%

Oct

60c

70c

19'%

Oct

50,333

GOc

-30c

2.300

27c

16'%C

136,300

10c

1

Jun

i

28

■

5c

2,000

13c

27,213

IOV2C

1,415

8%

3.30

3.30

*

(John) Indus class A

_•

30

1.35

•

700

30'%

r

Jan

\

July

<

May

lie

1.36

26,550

1

Jun

42%.

Apr

1.70

■<

Oct

1.15

f.
1

•

Sep

Feb

30
„

3.75

Feb

3.25

65

1.35

—■

Wright-Hargreaves

3.50

*

Aug

•

t

!

i

43c

Oct

<

■

19

Oct

> 10

.

Jan

1:84 Mar

37c

Oct

5c

5c

8'%

Jun

May

2.90

Feb

10% c

|

12

Oct

5c
9

,

Feb

Oct

lie

i

27%

Oct
Oct

12c

,

1
m

u™

70C
11

4,190

,

I

Apr

Oct
Jan

27c

—1

Ltd_-

-

2,375

\
u:.

Apr

1.35

i

26c
25

v

G.25

17'%

•

Jun

3.00

Oct

1.35

4.50

.

-9

———™—

1

Winchester Larder

>

!
<

t

Yale

Lead

&

Zinc

Yankee

Canuck

Yellorex

V 15C

Oil

15c

15c

5c

7-'%c

™1

; 5'%c

5'%c

,

1.00

88,830

4c

4'%C

i9y2c

22c

21,800

22.1/2 c 22y2c

800

1

-

37c

Jan

Oct

16c

Apr

.

4,934

;

-

I"

Jan

-1.93

:

-

Oct

4c

\

13c

Oct,

80C
>v

•i:

Apr

r

ioy2c

5'%e Aug

7,500

80c

'mmm*-

'

•0,

u

90c
V*

;

Bear Mines

Aug

5c

13,000

20o

Yukeno Mines

15c-

3,300

6'%C

a.-

;

Mines

YClloWknife

Feb

i
1

•

Zenmac

-i;

Metal

Mining

Zulapa

!

'

19'%C

III—l

,■

t

—

i9y2c Oct

40C

*

-

Apr

t

Too

•

Oct

22 Vuc

Mar

i

Sep

Toronto Stock: Exchange—Curb

1.35 Mar
8.10

Jan

23

Friday

Jan

STOCKS

,

4.55

Jan

1.05

Last

Jan

Oct

32 '%

31i/2

341/2

790

3

8

10

311

2.40

3.30

Jan

20%

Jan

Anglo Canadian Pulp Paper
Anglo Newfoundland. Develop..;

1.03

Sep

Asbestos

5%

Corp

—

Jan

11% Jun
78c

Mar

17c

Oct

42c

31'%

Oct

43

Jun

Oct

13

July

8

Jan

Bank

Cotton's

5r:»
26'%

,

Range Since Jan, X

Share*

25

%" ;5ya
y ,25

for Week

'!

Low

High

"

31'%

mah

39%

25

Oct

5

" Oot

2S

Oct

35

Aug

30

100

Feb

33 V4

reo

2,895'
1,955

31'%

3.35

•

3.50

20

21

21

III*

1

25

/-

*

common

common

Canadian

Marconi

Canadian

TO

_

*

25

:"

Oct

6.40

Jan

104i Jan

•

-

10

60

-

26

-

Oct

24.

25

177
475

4.50

20.

691

11 %

Oct

Oct

3.35

1,035.

y

!

3oy^

-

ii'%; Sep

:

Apr
Mar

i-

Jun

14-

Feb

1

•i

Oct

5.00

Apr

Dalhousie

*.

.,

,

Oct

5.05 Mar

Dominion

Glass

«4C

61c

85c

70,571

60c

Feb

1.75 July

Du-^orrt

51,400

5c

24,'.

24 y2

2

40

-

24'%

3,372

2.10

Oct

31% May

i

15.

200

17

'

15

,

1.90
-

•

Oil

1.75

IT

Oct

20,'. May

1

4.10 May

i

1.90

3,510

Oct

36

40

35

36

Jan

52

Apr

25

,

2644

27%

8.927

25

Oct

39%

Jan

14.420

Apr

1.40

,

1

;

_

Paper

'2.40

24'%

"V

,

Westinghouse

Consolidated

15,525

,

5c

7c

Oct

34c

Co

-\qs/

23

Aug

26%

Oct

73 % May

International

llc

International

77,516
19,500

7c

13,300

1

1 95

1.80

2.05

118,950

19c

6,600

4.50

1,000

12C

_•

4 50

4.00

19 V2

191/2

191/2

25

.1

Oct

Oct

59c

Jan

Loblaw

6c

Oct

15c

Feb

M

Oct

4.10

Jan

Minnesota & Ontario Paper

12c
4.00
19

Oct

Oct

Apr

45c

9.00

May

Utilities
f

Ogllvie

Flour

Paper

85

20

26

>65

68 %

280

64'% Mar

62

200

60

77

40

21

.81

20

"

22

•

'

Apr

50c
68

May

21'%

Feb

Pato Consolidated

2.00

580

an

3.90

Jun

Pend

15%

15

15%

3,905

15

Oct

21'%

Apr

Price

93'4

931,4

93'/4

120

93

Oct

99

Apr

Southwest Petroleum

Oct

9'%c Jan

4c

4/2 C

*

2 80

2.50

2.80

900

2.50

Oct

5.50

Jan

j

Tr28

1.20

1.35

23,270

1.10

Jan

1.75

83

Jan

17'%

Sep

37%

Jan

I

144

81

Oct

July

i

3,790

20

Oct

'33% Aug

i

104
-

.

,

60

—

93% May

Oct

86

19

181/2

521

18'%

*

19

llc

10c

13c

78,120

7c

Sep
Sep

21

1

16c

Mar

j

33c

32c

45c

25,000

32c

Oct

55c

May

81/2

81/2

100

8V2

Oct

10

May
Apr

•

jq
1

Oreille
Bros

1

~_~_~_25o

,'o0

7%

200

7%

Oct

10

1.35

1.60

113,750

1.35

Oct

2.69 Jun

1.25

1.70

33c

40C

7,300

33c

Oct

50C

70C

15,200

50c

Oct

21 839

1.25

Oct

4.90
98c
1.24

Ti.ird

L~2~.50

21

21

80

21

Oct

33%

26

25 y8

26

800

25'%

Oct

38

1

Mines

Mines,

'

Jan

Canadian

Yukon

3.10

2.90

3.55

3,555

2.90

Oct

1,500

^1.80

1

'

N

•

:

»

—

—

•

1-80

2.00

42

40

43'%

855

74c

75c

4,700

L—

4.00

5.00

1,675

52c

51c

58c

7,000

'

w_

™

Gen

Consolidated

Inv

•

a

No parvalue.

*

Tr___

Gold

FOOTNOTES

July

7%
1 40

|

}

May

1

21

Apr
May

5.20

<

»■

Apr
Jan.

3.40

Oct

59

40

Oct

50c

Jan-

•

■Jan

1:10 July

Jun

4c

\

Apr

•

Gold

*

3,000

1

Sep

*

'

common

!

22%

■

Jun

100

1.35

410

77

,

6

&

75

2,593

B

;

Power

Oct

280

18 %

-7I5O

Paper.

Inc(

Jan

,16c
53'%

16%

.•

8c

1.80

50

Gaspe Copocr Mines

claren

Oct

16%

12c
53

May
23 Vb May

9.50

12c
51

,16c

17%

.

•,

j

445

Jan

•

195C_.

.

Preferred

May

231/2

91/2C

14c

'
common

Canada

23'/2

11%

I"

/' 25

v

Industries

16,330

6c

"

;

,

General investments

32,430

8c

common

.26

I

Note

Canadian

2.00

9'/2

I

5%
-

Canadian

2.00

7c

common

™

•™5

*

'

1.40

8c

Mines

*

'

-

Dredging

1.75

1

_

Range
of Trices

Jl.

Par

Jan

11

Sales

Hrrk's
•

Sale I'rlM

63c

Section

Uaimdlaii Fuml*

May

22

i'go

~




325

17c

1

Winnipeg & Central Gas_<
Wood. ( Alexander) .a

190

1

Gold

;

8'%

Jun

53c

™1

Canadian

4'%c Oct

Industries

„

Jun

35c

*■;

,

60c

Aug

1.65

Texas Calgary
Thompson-Lund mark

62%

Oot

t

55'% May

8,550

~

I

Sep

5'%, Oct

Oct

20

-5

Oct

6

3 05

^

Mines

Jan

66

July

Oct

i

Warrants

Wiltsey Coghlan

Oct

17c

1,252

25

Teck-Hughes Gold
Temagami Mines

13%

6,360

5.85

20c

44

1"

Pearson
Preferred

5,100

71

4.50

5c

•

40%

230

96,400
18,418

_50c

Taylor

6.00

67

83c

Oct

2.65

5c

1

Canada & Dominion Sugar
Canadian
Bronze common

6,704

Taurcania Mines

5.50

Oct

35c

10c

1.-

Jan

6,700

8

Switson

Tanuem

1,700

2,500

;

30c.

24c

20c

Surf Inlet Cons Gold

Tamblyn

4,VOV

11,500
47,375

A

Oct

421/2

24c

Warrants

Syivanlte

44c

3.00

28,722

—

B

Warrants

lie

5c

II_~~

ordinary

35c

1.75 Mar

Oct

1.18

8c

-

Amer

53

Preferred
Petroleum

Jun
Mar

17c

n

Gold.

20c

""III

Preferred

Jan

29c

Oct

3c

5'%C

B.

Bulolo

44

common

<

10c

Petroleum.^—»

British

41/2C

Exploration

Superior

July

23c

44%

Apr

401/4

~~

Sunburst

Oct

20;'% Oct

: 5c
1.25

;

Jan

4i/2C

~

Mines

5c.

Aug

2.65

6c

i

Jun

40!/"

Gold

River
Cons

6

5c

preferred-

15c

•

Contact

Sullivan

Jan

13,400

5

Petroleum

48-!%

IIH~__»
Mines

Superrest

Oct

1,000

7

•

Sudbury

3

15y2c

It-

Breweries

Oct

12c

17c

1

Bros

Sturgeon

' May

73c

1.25

.

2.00

—

—

1

Canada™

27

Oct

1.18

15%

Grocers

Western

1

I"

Ltd

Gas

Steeloy Mining
Steep Rock Iron

Oct

55c

•

;

Oct

25

17c

_™_I_l

Corp

May

IIIIl

—

5c

9,000

igc

*

Mines

18

48,280

21C

.

Products

m

Uranium

Oct

18

6,140
12,012

-III'"'';

Mines

44'%

6c

21c

Materials—IIIIII*

Warrants

Stedman

1.75

44 ',2

•

Uranium

Starratt

Oct

48c

5c

»

Radio class A

Oil

9'% July
14% Oct

44'/2
42

Oils

Standard

Stan well

2,795

57c

23c

Standard

Stanrock

16

2.50

•

Mines
Paving &

otaxacigii

Oct

48c

5C

Oils

&

15c

12c

Services

Mines

Stadacona

Oct

6,500

2-00

50

...

Union

southern

"

Sep
19% Sep
3.65 Aug

11,820

56c

*

preferred

South am

Steel

15%

Valley Qil„

Spartan
Spoouer

20

22c

2.00

Manufacturing

Somerville

4.40 May

2,4%
5'%C

-

"

A

Simpsons Ltd
Slscoe

Jan

17c

Jan

3c

•

.

Breweries

."Hac -.5%c

5.75

_1

Nickel

Jan

50c

Sicks

Jan

Oct'

Oct

50

Gold.™
Gordon

July

6.40

Jun

•
com-"1

new

preferred

Creek

Sherritt

75c

105,006

133/4

25

Shawinigan Water & Power
Sheep

Oct

25

Rainbow

Jun

Jan

205,000

12

14

Gold

2.50

47c

28

Ltd

Feb

23c

17

50

4,082

common

Oct

23c

40c

6,500
17,800

Debentures

Class

1.20

6>%c Aug

46,550

59

Sapphire Petroleums Ltd

-><

17

llc

Gold.

River

Scythes

46c

90

*

Antonio

»rk

2,000
21,900

1

Class B

Rr

25c

7,410

7c

6'%c

™

Salada-Shirrlff-Horsev

Sand

1.40

9c

1

Gas

San

1.00 May

55

12%

70

.

Oct

1.99 Mar

Oct

•

Corp common
preferred ....

5%
St

Oct

38,400

51/2C

LawreiH<

bv

Oct

1.00

200

33c

10c

1

Feb

20c

Jan

8

Maygill Gas Oil

5'/2c

10c

1.00

58 %

common

Preferred

39'

200

2.75

Petroleums Ltd—

Malartic

Westeel

•

Ryanor Mining

3.90

—_1

Copper—

Wespac
West

loft

6'%c

700

12,900

—T

Jan

1.49 Mar

10

™

Royal Bank of Canada.

20

18

1.25

:a

—

Aug

22c 30'%C

25c

u; 12'%

p 55c / 60c

70

Mines

31c

1.90 Jan

26c

39c

'7.15 May

25% July

Oct

11

.

19

Oct

9c ii'%c

n'/2

•

May
'24c- Feb

Oct

8c

2,165

1

Oct

Oct

25

Oils

Roxana

500

18'%

250

2,500

1.73

5'%C

Wayne Petroleums Ltd—
—
Webb & Knapp Canada Ltd—

40c

17

11 '%c

f

86

Oct

4.00

-30,365

6'%c

20'%

Mines

Amulet

85c

40c

17

1

Mines

Roche

44c

Jun

8% Aug

Oct

7,750

3.50

Walker G & W

17,315
52,000

7C

1

16c

405,880

1

Waite

Mar

45,100

1.20

1.38

1

5

7.75 July

Jan

2.64

23.'%

—

Wainwright Producers & Ref—™

50c

25c

30c

4.80

1.90

iV'aC

•

Jan

1.08

5j/2C

1

93c

Oct

otic:/- 7c
.

'.12

1

Ltd—

1.25

90c

1.00

Macdonald

Rexspar Uranium
Rich we 11

Reeves

Jan

•

■

Oils

40c

48c

—1
1

Ray rock Mines

33c

Oct

7

51%

3.10

•-;>

:

West

Radiore

3.85

425

225

20

—

—

Oct

15c

-

Oct

6,810

/'.'59c

-™1.

—

Jan

19'% Mar

88C

36,925

22c

Jan

9.00

Oct

1

j

May

Oct

4.75

3.50

44

7c

—2

—:!™

Explorations

Aug

,7:3.10-3.50

-

I

Alloys

35%

145% May

Feb

7'%c

: 40:

—

Ltd

Oct"

14

14,000

4.00

2.40

Consol Explorations

Vandoo

Apr

20c

16c I6V2C

"

Ventures

34c

5,000

34c

Vc.7 V«c

"3.40

illll,

J

Oct

58,378

"I8V2 * 18'% "

; -

•

Canada Mines——T

Oct

13'%C

8.900

i

Jim

-

54

650

25

pfd——

2.34

28c

12'%c 18'%c

1.00
18'%c

33c

Oct

16c

•
1
•

Petroleum

Quonto

10c

52c

28c

1

Mining

Quemont

9c

\

3.25

'

^18'%

Hill

Products

Universal

Upper

Violamac

40c

44c
34c
7Vac
5.50

A

2,902

'4 40

.1

—1

United Steel.Corp

Vulcan

,1,
1
™1
1
1

Ascot Copper
Chibougamau Gold.
Quebec Copper Corp
;
Quebec Labrador Develop
Quebec Lithium Corp
—
Quebec Manitou Mines'
Quebec Metallurgical
Queen stop Gold Mines
Quebec

Apr

3.35 May
40c

7%

,

—1—

B

8.35 Mar

66c

80c

—

5c

5.25

3.20

70c

™e

T

MdPtauban
Oils '

May

Jun

Oct

Oct'

92c

-

15,972

-

y 4.95
22c

.7

i

May

Oct

51'%;.58

—1

*—.—

8

Oct

1.70

Z5%'"'-7i/4
•

40
48

Aug

35

'

"

54.'%

Corp.

30c

*
20c
•

Ore

Minerals

Purdex

1.66

3.00

Producers Ltd

Gas

Jun

.;

7%

■7.%

Canada

of

Gas

48 Vh

Prospectors Airways
Provo

Union

33

'

ll'.aC

16c

22c.

■f'

■

43,395

-

65-

3.50

.' 32c

——-

1.60 May

Apr

™1

.—

common

:—,

Oct

*

;

Mines!

preferred

65

42,100

16

•

?

4,078

2.05

20'%c,

Jun

•

4
A

Feb

,42%

25

•

14'*19',v-"'>: 72,800

;f» 20% C

23c

Oct

33

3,530
-

Oct

8c

3,000 -r

-

35

13'%c

v<;4.60
1

i

May
37% Oct

Oct

37

50

8'%c
35%

54

%C

5

Mar

20

37'%
-

i

Jan

31

1.70

17%
—

Acceptance

—1

Gold

Uranium

Pronto

42

13

Chibougamau

Trinity

1

—•

East

Preaton

Oct

Oct

95c

4,100

40c

88c

33'/a

3.90
88c

Oct
Feb

11'%

60%

Pipeline

Oct

519,790

•

-

Mar

49

16

34

-

-13'

47c

Oct

20

:'P' 95c"" 1.25 -"

'1.91

Resources

Oil

Oct

45c

1

Royalties

Electric

Prairie

Triad

25c

20,100

1

Corn

Iron

Trans

Jun

61,350

65c

•

Mines

Gold

Border

Apr

29c

45c

——•

Power

Oct

2.15

25c

)
0

River

Rouya

1.79

1.79

26e

50o

Powell

1.06
'

Aug

366

—

*
—

Uranium

Powell

-I

—1

Rights
Mountain Oil Pipo Line™—

2.09

Placer Development

Oil

,

47% May

2
—1

Oils

Ltd—

-

Jun

270

38%"-38 7 «

40

Trans

Gold of B C

Ponder

—

July

16'%

V8c

•

93c

21%

33%

//■-- 34

11

30c

2,879

37',«

-

-

•

33%

Empire Oils———

150

,

Gold

Crow

President

Trans

40

preferred

Piniups Oil Co Ltd..

Premium

Oct

A™—-—

class

i".

■.

■J

36c

Jan*

34%

2,100

37

'20'%

-

CI

■

„1

B__——,-a.-

16 '%

Photo Engravers

Premier

Aug

May

.10

.—
—-

—

5%'■ preferred '—
Trans Canada Explorations

40

Minerals

&

Petrol Oil ic Gas

Prairie

5%

Class

16 Mi

Mines

Oil

Pitch-Ore

18

30c

10,390

,

1

Oil

&

Pernio
Perron

Pioneer

51c

Oct

8,600

8'%

40c

*

—

Preferred

cictue

Sep

21,818

40c

26'%c May

Finance

100

Preferred

Peoples Credit Jewelers common

Peruvian

Iron

Savings & Loan

Towagmac Exploration
Traders

55c

30c

Oct
Oct

19c

15.000

40c-

34%

-

16

21%

Works class A—

Toronto

8.00 Jan

37

——■*——

Toronto

Oct

12c

Elevators.

100

i

Jan

6c
8

19,000

8

30c*

•'

High

Low

8c

8-

1

Range Siree Jsa.

High

6c

v_.

45c ■*--

—-

Jan

Oct

5%

7%

|

I

Torbrit Silver Mines—„_™___™— —1
Dominion Bank——— „10

Jan

17c

12c

ToiniUli Gold Mines—-

1.28 May
95c

24,550

14c

30c

1.25
50

Pipeline

Pembina

18c

Oct

5.25

Tip Top Tailors——-—/.

6.00

Oct

21'/aC Oct

100

5.25

17c

17c

1
—1

19,470

Oct

3.75

62,000

Consol
PCE Exploration Ltd
Paymaster

35c

200

21 '%C

———2

Canada

of

Patino

39'/2C

27c

Ltd

Mines

Uranium

rater

49c

1

Mines

Amalgamated

Pardee

Parker Drilling'—

143

Shares

-'

6'%c

-

Toronto

20

—1

—

for Week

Low

Tar

High

•
*

—

Tubes
Porcupine

Hersey

Page

Sales

Range

Sale Price

Range Sinee Jan. 1

Shares

High

Week's
of Prices

Last

STOCKS

-1

Petroleum

Pacific

OCTOBER 25

ENDED

for Week

of Prices

Sale Price

Par

WEEK

FOR

Sales

Range

Friday
STOCK!

*

Com

—1

FOR

N

OUT-OF-TOWN

;

d Deferred- delivery sale (not Included
in year's raHge).

%

e-Selling ex-interest.'.•

,

.

4

Oct

51c

Oct

""

6% Aug
89c

•

.

(Un) Admitted to unlisted trading privileges,

"

•

wi When issued.
x

.

_

-

-

,

-

-

Ex-dividend.

.

.

Jan

f Flat price. ;

Jan

rGasn^ale thot Included in

J

'.

year's range).

May

MARKETS

CANADIAN

Ex-Hquidating dividend.

wd When delivered.

-

,

AND
t

...

Odd lot sale (not included in year's

range).'

;

y

Ex-rlghts.

z

Ex-stock dividend.

*

:.

'

i

186

Volume

Number 5685

.The Commercial and Financial Chronicle

.

4%

(1883)

NATIONAL LIST OF OVER-THE-COUNTER
SECURITIES
Quotations

for

Friday,

October

25

The

following bid and asked quotations are obtained from the National
Association of Securities
Dealers, Inc. and other selected sources. Thev do
not represent actual transactions.
They are intended as a guide to the range within which these
securities could have been sold
or bought (indicated
(indicated by the "bid")
by the
asked' ) at the time of compilation. Origin of
any quotation
.

furnished

*

which have

V

_

.

a

Industrials and Utilities
.Par
Aerovox Corp
Air Products Inc

American
Amor

-

Hallp Mines

27%

Haloid

19%

21%

Hanna (M A) Co class A
cora.IO

&

33%

,..4

Arden

Incorporated
Farms

Co

Arkansas

common

;

Hoover

25%

Hudson Pulp &
Paper Corp
Class A common

17%;

18%

1

13%

Co

14%

5

Power

Co

class

A

Hugoton Production
Husky Oil Co

19%

Hycon

Mfg

Co

Indian Head Mills Inc

15%

17

Indianapolis Water

5

16%

17%

28

30%

International Textbook Co
Interstate Bakeries
Corp

10

29 %

31%

Products

Aztec

Oil

Inc

Gas

&

10

Co

37

12%

Bates

Mfg

Optical

Co„ 10

19%

1

1

16%

1

10%

—.10

.8%

9%

1

8%

9%

&

Baxter

Laboratories

Bell

Lomb

(A

Markets

J)

Gossert

&

Beneiiciai

6%

5%

Co

oorp

Berkshire Hathaway Inc

*

Corp

_

A

common

.:

Iowa

Southern

6%

31

Jamaica

..

19%

15

15%

78 34

J ess op

Black Hills Power & Light Co—1
Black, Sivalls & Biyson Inc com 1
Botany Mills Inc
:
_1

20%

21%

Bowser

25

12

10

23

Inc

Brown

&

$1.20

preferred

Sharpe Mig Co

13%

14%

19%

21%

•
5
j

Steel Co

Inc

13%

9%

10 Via

28 Va

31%

36 %

39

Burndy Corp

.1

Corp

California
Calii

27%

29%

Co..25

38 Va

42

Telep Co—12%

18%

201

Wa.er

Water

Canar ian

&

li

De

Power Co..20
Service

Oil

•

Kansas-Nebraska Natural
Kearney & Trecker Corp

Ltd.10c

6 Va

8%
31

19%

20 511

3

Kendall

34 Va

8%

9%

6%

7%

14

15 Va

40%

43%

221/4

23%

30

33

3%

4%

32%

35%

8

50c

35V4

8%
37%

__ir

Co

29%

32%

Inc

_io

Kentucky Utilities
Koehring

9%

—IIlo

Co

28

31%

23%
271/4

cunoui

16%
10%

Carpenter

1

8 %

—1

30%

34%

18

19%

Lau

H

Paper

Co

Ceco Steel

Products Corp
__lo
Cedar Point Field Trust ctfs—

9

13%

14%

ic

3%

Blower

Co

Central

Electric

&

Gas

Co__3%

13%

14%

111

&

Gas

Co

10

26%

29%

Lilly (Eli)

Central

Indiana

5

11%

12 Va

Lithium

Central Louisiana Electric Co—5

30%

33 Va

Lone

I_l

Le Cuno Oil Corp
Liberty Loan Corp

Central

Elec

Gas

Co

Central Maine

Power

Central

5%

Telephone
Vt

Pub

Co

Serv

'

•'

.

.

Chattanooga

Gas

Citizens CJtil Co

Coastal States
Conim,
Class

B

33

19%
15%

4%

4%

cl A__33Vac

13

14%

33 %c

Co

13

14 %

3%

1

—

4%

Prod......1

Gas

Co

Huuio

Ludlow

14%

.1

B.

Mfcnine

Lucky Stores

*

Co

com

Common class
Clinton

'

21%
23

7%

J

12%

14 Va

1

12 %

13%
23

A

com

common

-

8%

Colonial

Stores

2%

21

Colorado

Interstate Gas Co—__5

48

51%

20%

22 %

15%

16%

Inc

—^

Colorado Milling & Elev Co
1
Colorado Oil & Gas Corp com—3
$1.25 com preferred
25

Commonwealth

Gas

25
5 %

Corp——1

Commonwealth Oil Ret Co Inc_2c

27%
6%

4%

4%

Light & Power Co.*

16%

17%

Continental Transp Lines Inc..1

7%

8%

Copeland Refrigeration Corp—1
Cross Company
—5

10%

11%

22

25%

Cummins Engine

41%

45%

Connecticut

Co Inc.

Cutter Laboratories

com

-5

7

7%

7%

8%

8

vtg—1

9%

v

Common

Darling
Delhi

Ltd

(L

vtg

—1

Co

A)

1

Tayler Oil Corp

1

11%

Y—2%

16 %

18

Canada Tunnel Corp. 5
Detroit Harvester Co
1

12%

Co

...ppij

ul

N

01

18

16%

18

1

10

11%

40

iR

Corp A conv—4

14%

Dun

Bradstreet

&l

Dunham

Bush

Dynamics
$1

Inc

Inc

Corp

Missouri

Utilities

non-voting

Tampax
Tekoil

A)

1

7%
25%

27%

Corp
7
Texas Gas Transmission
Corp.5
Texas 111 Nat Gas Pipeine Co.l

22 Va
18 Va
17%

24 Va

1

4%

5Va

Wood

1

3%

4Va

1
1

43
6%

48 Va
7%

1

4%

5%

Nat

Gas

Eastern
El

Utilities

Paso Electric

Electrolux
Emhari

Empire State
Equity Oil Co
Falrmoir
Fanner

Fisher

Governor

Florida
Fluor

steel

Corp

18%
5%

6

28%
21
6

47

47 %

10

52

55 V4

2.50

15

16%

1

13 %

14%

1

10%

11%

—2%

20%

21%

15 Va

17 ¥4

24

26 V4

15%

17 V4

•

Packing Co

Gen

sis

Telep

5%%

(Calif)

21%

23

2P%

5%

5%

pfd__20

5%

18%

19-/4

the Southwest

wis

Grppr

\

Gruen

Gull In 1
Gulf

c

Gust'"

Polaroid

39

43

20 %

22%

13 Va

14%

14%

16

1

4

5

•

8%

9

10c




Co

(N

3%

4%

2.50

23 %

25%

24%

26%

Light Co

10

Co

5

12

10

Chemicals Corp..

6 %

(Phila)

11 Va

.

(Paterson

N

Bid

Plains

of

16%

29%

31%

20

90

96

10

Tr

26%

29%

32%

39%

41%

Brook

Natl

(N

J.25

N

Bank

10

of

Y)

5

16

Mellon Natl Bk & Tr Co (Pgh) 25
Mercantile Tr Co (St Louis)
25
Merchants Natl Bk of Boston.10

115-

242

(J P) & Co

National

57%

Bank

of

(N Y)._100

Detroit

National

69

Commerce

Trust

74%

36 Va

City

National

61%

Bank

39

Natl

of

58

36

10

&

(N

Bank

25

55%

37%

40%

44%

47%

32

34%

Federation Bk & Tr Co (N Y)_10
Fidelity-Bait Nat Bk & Tr Co. 10

24%

26%

44 Va

48%

Fidellty-Phila Trust Co—
20
Fidelity Trust Co (Pgh)
^10
Fidelity Un Tr Co (Newark)..10
Fiduciary Trust Co (N Y)
10

71

74%

37 %

3%

4 Va

15 Va

16%

4%

5%

lc

of

10 %

11%

Co (Pgh)
..20
Peoples Tr Co of Bergen City
(Hackensack N J)
5
Philadelphia Natl Bank.:
10
Pilgrim Trust Co (Boston)
10

Provident

74%

&

&

New

St

1

6

55 Va

Riggs Natl Bk of Wash DC—25

127

18%

20%

Rockland-Atlas

10

31
61

100

291

10

33

50Va

6%

64'A

Trust Corn

14%

16

Harris

8%

Bank

Tr

&

of

64

59

Sav

Bk

9%

Hartford

Hudson County Natl

Natl Bk

&

7%

8%

22 %

243/a

5%

5%

35%

38%

60%

10c

14%
23%

29%

38%

8%

City

Tr

N

Co

22%

24%

ton

Bk—15

40%

410

6 Va

5

15

5

15

1

13%

1

25

Corp of America—1
1
2
1

27%

4%

4%

20%

22%

5

46

10

41

45%

34

37%

10
2'%

20

21%

10

38

10

37Va

40 Va

10

21%

23%

of Albany
Natl Bk & Tr Co

Bk

& Tr Co

<N Y)

New Jersey
of

Bank

15%

(N Y)__10

31

33%

32%

34%

United
•

of

Maryland

Trust

States

Tr

Co

(N

Y)__20

Valley Natl Bk (Phoenix Ariz).5

Dage

23

25 Ve

13 Ve

14%

12%

12
19

River

Brand Rice Mills Inc..3%
Roadway Express claAs A
25c

13%

Bobbins & Myers Inc
Robertson (H H) Co

•

45

49 %

1

61

65 %

10

17

18%

37%4

40%

Rochester Telephone Corp
Rockwell Manufacturing Co
toddls
•

Af>r

Plywood Corp
System

-

.1..

Inc
-

2%
1

—.8
-—

National

list

of

Your

21

orders

Stocks

Over

-

quoted

the

-

in

Counter

of the

the above.
Securities.

13Va

3

We make Markets in two out of every three

Utility

8%

9

15%

&

inquiries

are

invited

15 Va
9

9%
16%

TROSTER,
HA 22400

Members: n.

74

y.

SINGER
Security

Dealers

9%

&

Association

Trinity Place, New York 6, n. y.

41%

Co—

Boston)

United

of

Co

States

8%

Commerce—

(Cleveland)

51%

14

&

42%
25%

25

Bank

Union Tr

25

City)—8

Industrial

40

23%

Hunting¬

14%

Purolator

of

Union

31 vb

footnotes

Bk

16 %

Punta Alegre Sugar
Corp

For

29%

16 Va

Mexico

63%

26%

12'%

Natl

Trust Co of

43%
443

29

10

59

10

Y)

Trade

68%

41%

10

I

20
(Los

43%

66

Bank

Bank

R

Street Trust

Mass)

(N Y)

Sterling

32 Va

5%

Hamp

Natl

Providence

Co——20

Angeles)

33 Va

State

Co

Trust

Bank-State

(Boston,

Security

J)

(Union

Union

Second Natl Bk of Phila

41'/a

30

(Chi)—100

Industrial Bk of Com

Industrial

13%
22

(Jersey

Hudson

19%

71%

Louis

Security First Natl Bank

York—19

Tr

63

17

67

62%

57%

(N Y)—..20

New

34%

59%
8

Second

60

20

10

Exch

Hanover

30

10

St

Co

Louis

Guaranty Trust Co

10

Royal State Bk of New York—5
Rye National Bank (N Y)
2

301

N

Girard

of

54

5

15%

Bank

Royal Bank of Canada

35%

25

Natl

Boston

33'A

12 %

(Franklin

29%

Bank

(Phila)

42%

Square N Y)

14%

29%

52

10

27%

34%

26

40

(Phila)

Bk

15%

32'A

20

Rochelle
Natl

52%

14'A

Republic Natl Bank (Dallas)..12

25

Co

Tradesmen's

Trust

48

32%

City Bank (N Y)__20
Pennsylvania Banking

Trust

74%

30%

First Westchester Natl Bank
of

33%
443

64

First Natl
First

410

33 Va

City)

Trust

of

71 %

25

59%

(Atlanta)

(Jersey

Bk

(N Y)

(Chicago)..100

29

Paterson

First Natl

(Boston).100

Co

Co

30

6%

Natl Bank of Boston
First Natl Bk of Chicago
First Natl Bank of Dallas
Bank

165

Tr

Co (Camden N J)

Natl

Tr

12%

10

First Bk Stk Corp (Minn)
First Camden Natl Bk &

First

Eng Trust Co

Northern

(Newark

70

Newark

Peoples First Natl Bk & Tr

156

Co

66%

34%

24%

10

Trust

J)

Bk

New

Co

29%

Bank¬
51

New

28%

22%

50

N

Natl

New

Gas

19%
61

27

7.50

Essex

52%

17%

&

J)

New York Trust

Empire Trust Co (N Y)

First

of

Corp

%

39%
254

Natl Shawmut Bk of Boston_12%

84%

26

10

5

10%

of

Natural

61

Natl State Bk of

80%

33%

J)

9%
62

Co

Chemicals

17%
122

56 %

iCieve)._l6

(Albany N Y)

Co

49%

Westchester.5

Bank

Newark

ing

Trust

&

CN Y)

11%

Co

Relchhold

Ask

5

24

Freeport

County Trust Co (White

10%

1

5

Products

13 Vb

.10

(Phila)

Meadow

227

57

Tr Co_12%

Bank

First

7

Serv

Metals

7%
32 %

38%

54

25

First National Bk

6

12%

8erv

Rare

13%

29

l
50c

Co

National

Y)

11%

19

Riley Stoker Corp

Corn

7

Pub

24 Va

orp

Trust

Federal

Pub

21%

5

27%

Company

Liberty Real Estate Bk &

Commercial State Bank <fe

10%

Portland General Electric Co_7%

Producing Properties Inc

24

2%

14%

38%

36%
205

50

•

Potash Co of America

14%

Morgan

10

2

Portland Gas & Coke Co

8%

13%

Long Island Trust Co (N Y)._10

36

J)

of

Co

16-

3%

Co

Corp

Mach Tool Co.2

Gas Co

(N

1

Rubber

Reslstoflex

Inc

Trust

22

•

Bottlers

Richardson Co

1

ries

Plymouth

16 Va

Society
li

21
617/a

58

10

(Savannah)

11%

_l

Pickering Lumber Corp
Pioneer Natural Gas Co

20%

Power Corp

n

16%
21 %

3

Corp

General

19

Financial Corp.l
Pire Brick Co
5

Green

Pepsi-Cola

15%

Great Western

Grolier

Bank

Co

Bank

20%

Pacific Mercury Telev "A"
90c
Pacific Power & Light Co
6V2
Pan American Sulphur Co
__70c
Pendleton Tool Indus
1

1

Co

Trust
Natl

Franklin

Republic
20

;

Cement

iU

GiddiB*>

20

2.50

preferred

.

26%

2Va

Co.

24%

10
Oil

Genl Tele Co of
Glani

1

"nm

291

4%

5%

C<

r

15%
88

6 Va

Airmotive

7%

Manufacturers Tr Co ((N Y)

20

14%

5

Brewing Co

Pacific

39%

13%

15%

4

Foote Bros Gear & Mach Corp_2
Ft Wayne Corrugated Paper.10

Genero'

14 Va

5%

26%

Corp

Gas Servkf Co
General *
rip

18%

•

Frlto

Oarlock

25%

17%

22 Va

FaDsi

37

1

Irving Trust Co (N Y)
Kings County Trust Co
(Brooklyn N Y)

(St

(Phila)

.CO "(Chicago)
County Bank & Trust Co

20%

11 Va

1

Companies

Co

Louis)

Broacl St Trust Co

&

14%

•

Ltd

Boatmen's Natl Bank

16

HI

25%

46 %

Co

Y)

Bank

13%

1

Co

18
59

(N

Continental

23%

10%

Corp

.

Co

Connecticut

5

Mortgage Assn.100

x\a.i

Boh

Trust

280

5

39%

23%

1

Prod

16

32%

Par

34V4
37%

34

100

(NY)

17%

Old Ben Coal Corp
•
Opelika Manufacturing Corp __5

1

Fisher Brothers

Bankers

32%

(Newark)_25

32 %

Otter Taril Power Co

8%

43

Co

Commerce
New York

of North America

Co

17 %

10c

'»ods

of
of

Bank

Trust

30%

8%

7'/a
Co

Bank

Commercial

16

..1

Oil

33%

♦

(Texas)

Mfg Co

Federal
First

Co

_.

31

28%

t

50c

Associates

Corp

Mfg Co

8%

10

Co

Eastern Industries Inc

8

21 %

Corp IIIIsOc
Corp
1

River

26%

14%
30

10c

Inc
&

Industrial Trust

City Natl Bk & Tr (Chicago )_25

25 Va

Northeastern Water Co $4
pfd_*

Miss

5

10

Ask

A

Cleveland

20

•

Co

S

6%

Bank

8

Northwest Production
Corp
Northwestern Pub Serv Co

&

Francisco)

1

12

T

N

11

16%

Serv

(San

America

44

16%

Pub

of

10 Va

18

Indiana

Bid

Par

Bank

41

15

Oklahoma

East Tennessee

5 Va

16%

North

1

Zapata Off-Shore Co

45%

25%

4%

15

32%

Inc

5

Conversion

Wyandotte

Bank & Trust

42%

11%

23%

23 %

50c

Gas Co

Pow

Wurlitzer

38

5

Penn

32%

Co

Co

&

Natural

47%

16%

National Homes Corp A com_50c

Coal

36%

Manufacturing Co

Wisconsin

35%

33%

Gas

Williams

19Va

44%

23%

&

19%

National

Co

17%

21%

30

Services

Eagle Oil
Whiting Corp

Industries Inc

States Nat Gas

14%

16%

Co

White

Texas

Thermo King Corp

13 %

12%

Texas

Three

5

20%

Texas

Corp

40%

Western Lt & Telephone Co
Western Massachusetts Cos
Western Natural Gas Co

8%

5

Centl-Penn Natl Bk of Phila.10
Chase Manhattan Bk (N
Y)_12%
Chem Corn Exch Bk (N Y)
10
Citizens <fc Southern National

30

Oil

45%

19%

22%

American

3%

41%

16%

lio

Therm ador

2%

1

Petroleum

37

Amer

D)

West Point

1

Gasoline

16%

5

_

24%

Welex Jet

Tranmis

25%

15

18

5%

Corp

26'A

23%

9

11 Va

5Va

;

Eastern

of

(S

lc

Corp Inc

5%

Washington Natural Gas Co__10
Washington Steel Corp
I

12%

18%
10

2l/a

Nortex

Warren

11%

15'A

National Aluminate
Corp
National Gas & OH

Norrla

9%

33%

Mountain Fuel Supply Co

National Shirt
Shops of Del
New Eng Gas & Elec
Assoc
Nicholson File Co

4%
22 Va

9

25%

1

Corp

3%
20

Tennessee Gas Tranmis Co
Texas

Corp

Corp__l

Inc

21%

4%
23

Warner & Swasey Co.
Warren Brothers Co..

12

1

Refining Co
(O

19%

10c

22 %

6%

2%

Gas

20%

33%

Vitro

1

9%

24%

20

32

39%

5%
11

14%

8

50c

28 %

—1.25

13

22%

2%

37

5
25

18%

30%

12 %

Valley Mould & Iron Corp
Vanity Fair Mills Inc

Corp..1

Corp

Propane

United Western Minerals
Universal Match Corp

Ino

31%

30

Is

common

Utah Southern Oil Co

23%

6%

B

Upper Peninsular Power Co

11

—

17 %

26%

5

1

Class

25%

9%

24%

Cleve—16

2

Co

24

Central

5

7%

Chemical

26%

Camden

19%

Montrose

24%

24

26%

5

Co

22 V*

1

5%
21%

28%

United Dfill & Tool
Corp
10
6%
preferred
10
United States Sugar Corp
1
United States Truck Lines Inc_l
United Utilities Inc
10

7%

20%

2.50

Cobb & Co Inc
Struthers Wells Corp

Sutton

33

23%

10

Steamship

Greene

Gas Pipe Bine Corp—50c
Tucson Gas Elec Lt & Pwr Co_5

19

Strong

Suntide

30%

6%

20

Trans

Va

22

1

4%

Pipe Lines

2%

Works
Statler Hotels Delaware
Stouffer Corp

Suburban

18

20%

1

2%

:

Home Products

Stubnitz

14%

17

25

Register

Common

13

1

10%

1
.

Canada

23%

9%
18%

1

Corp

Common

15%

*

45%

Inc—

Co

10Va

23

36

Inc

9%
14

42%

1

30 %

8%

Eng

Valley Barge Line Co
1
Mississippi Valley Gas Co
5
Missouri-Kansas Pipe Line Co_5

8 V8

8

&

Miss

7%

10%

ic

Laboratories

North

2

Industries

Minneapolis Gas Co
Mississippi Shipping

21 %

America

1

Class A common
Miles

19%

2

of

preference

Inc—1

inc.IIII

Co

Miehle-Goss-Dexter

1

Broadcasting Corp

Co.IIlG

Prods

Meredith Publishing Co
Michigan Gas Utilities Co

'

DuMont

13%
30%

1

Automo

Machine

30%

12%

McLean Trucking Co cl A cora.l
McLouth Steel Corp
2%
McNeil

28

18%

28%

Maryland Shipbldg & Dry Co..50c
Maxson (W L) Corp
3
McDermott (J Ray) & Co inc.I

North

Co__5

I6V2

•

Marlin-Rockwell Corp

3%

3

63

1 %

Marmon Herrington

1

& Sons

R)

44

13%

—_—5

Productions._2 %

DixiJyn Drilling

Donnelley

16 Va

1

Detroit
B "i^ge Co:
Di-Noc Chemical Arts Inc

Dic.,^ ~
Disney (Walt)

12%

3%
30%

59 Va

1

,

Inc

3%
28%

1

Co

Madison Gas & Electric

McLean

4%

1

Mfg & Sales Co

Maremont

3%

4%

5

Macmlllan Co

14%

oeiHisi-a

Detroit

loc
cl B

com

America

Steel

18

10

1.6

Corp

"

Star

30%.

•

Central

Corp of

20

10

Soya Co

Central
*

Co

!

& Co Inc

21%

Utility Corp—.6

Public

Central

6%

Trans

11%

25

13'/a

Co..1

17%

5

11%

22%

Tracerlab- Inc

57

29%

5

L-O-F
Gla^s Fibers Co
Landers Frary & Clark
Lanolin Plus Inc

Towmotor

Ask

53

25%

3

Cem Co.

Co

111/4
23%

Stanley

1

1

22 %

5

Tele

Co

&

Inc

9%

Producing Co__l

Bid

Tokheim

20

10c

7%

Canadian Superior Oil of Calif.l

Gas_5

Co

Keystone Portland
a

1

Kalamazoo Veg Parchment Co 10
Kansas City Public Serv Co
1

Kennametal
California Oregon

common

preferred

Kellogg

11%

10

1

,

25Va-_

1

_

Steel

$1 46

10

Beryllium Co
Buckeye Steel Castings

Kaiser

5

Co—•

Brush

Bullock's

4%

26%

5

22%

20%

24%

Vo

Co—15

Co

Stanley

17

73

Is

Jervis Corp

...

34%

23%

1

Supply

Stand Fruit
Standard

14%

1

Electric

21%

Carbon

Par
Time

38 %

21 %

Co

Sprague Electric Co
Staley (A E) Mfg Co.

56

5

s

Utilities

Water

Jefferson

17 3/4

18 V4

1

Jack & Heintz Inc

11%-

13%

51 %

Gas

Southwestern-States
Speer

n

Calif Water

Ask
33 %

%

1
2

Shore Oil & Devel Co.lOc

Southwest

3%

*

1

'•

18

5%

5

Beryllium

21%
■

3

35

7%

Colorado Power Co
Southern Nevada Power Co
Southern New Eng Tele Co
Southern Union Gas Co

8%

31

Corp
Topp Industries Inc

Southern

21%

7%

io

Iowa Electric Lt & Pow Co
Iowa Public Service Co

6%

*

10

Co

Bausch

Bayless

6

1

28%

59

Investors Diver Services Inc
Class

Bareco Investment Co__

Co

Interstate Motor Freight
Sys
Interstate Securities Co

40%

11%

1

22

Bid

1
2

Co

„——

Southern

19%

&

Southeastern Pub Serv Co

110

16 V4

10

Avon

V

Corp

South

108;

19%

1

Co__5

Corp—

42%

55

Indiana Gas & Water Co

Arkansas Western Gas Co

Spring

Skil

1

Art Metal Construction Co

Associated

103

D)

Sierra Pacific Power Co

3

■.

,

50%

-23%

102

(G

Seismograph Service Corp

39%

1

~j
I__Iio

Co

38%

Jacinto Petroleum

Searle

', Ask

26

1

2%

__

25

47

,

Service

9%

8

17%

2%

10

25%

4

36 Va

....

33%

„_1
...

common—

Missouri

B

Voltage Engineering

23%
22Va

Partic preferred

Arizona Public

Class

High

I

5

31

1

American Window Glass Ccr_12¥i
AMP

Va

36%

,33%."

Bid

25c

Inc

Company

1

Develop

Anheuser-Busch Inc

36

Hagan Chemicals & Controls

2

Pipe & Const Co
rrfr

4%
27%

25 %

10

.

American-Marietta Co
t?es,

33^
25%

Barge Line_5

Hospital Supply Corp

Amer

par

I

.

request. The "National" list is composed of securities
Par

San

't

1
Co

American Express Co

American

Aski.:;

1

Box Board

Commercial

Amer

Bid

on

wide national distribution.

CO.
NY 1-

376

60 %

63%

27

29%

,

48

The Commercial and Financial Chronicle

(1884)

.

Monday, October 28, 1957

.

.

NATIONAL LIST OF OVER-THE-COUNTER SECURITIES
Quotations

for

Friday,

October 23

Insurance

Mutual Funds
Mutual

Ask

Bid

Par

Funds—

Mutual

Ask

Bid

Par

Funds—

25o

1.45

1.59

Investment

Co

1.25

5.43

5.87

Investment

Trust

Shares——1
American Mutual Fund Inc.—1
Associaced
Fund Trust..
•
Atomic Devel Mut Fund Inc__l

3.51

3.75

Jefferson Custodian Funds Inc.l

7.73

Johnston

Fund_l

al8.95

Axe-Houghton Fund "A" InC--l
Axe-Houghton Fund "E" Inc—5
Axe-Houghton Stock Fund Inc.l

8.78

8.03
8.53
4.53

7.07

Par

Fund

Aberdeen

Affiliated

Inc

Fund

Business

American

& Eiect'nics Corp

Axe-Science

4.84

Street

(Speculative Pfd Stks)—1
(High -Grade Com Stk)—1

19.62

21.10

6-2

(Income Com

Stocks)—1

10.04

10.96

10.00

15.78

14.60

6-3

(Speculative Com Stk)—1

S-4

(Low

Priced

12.26

Knickerbocker

7.15

1
1

11.44

10.58

Venture Fund
Century Shares Trust
Fund

4.49

4.92'
21.28

19.68

Commonwealth

1
Life Insurance Investors Inc.—1

8.27
13.56

Life

Insurance

Stk

Sayles

Automobile
Electrical
General

10.71

12.51

59

Mutual

Mutual

8.58

Fund Inc__l

5.59

6.13

Fund—1

7.68

2.32

2.55

8.17

—1

Inc

16.70

14.68

-2.50
25c

8.88

12.49

13.50

1

8.25

9.06

1

al2.09

Capital

9.25

General

1

3.31

3.62

1

7.16

New
New

13.93

15.06

3.16

3.46

4.07

6.92

8.98

Stock

England
York

Jf';'

™

2

47

51,8

3

of

Series

Canada

4.94

5.24

5.34

5.88

13.93

15.27

4.48

4.87

Peoples

1

27

1

Pine

Street

Pioneer

7.88

24

25*8

28%

11.36

12.42

11.05

11.95

6.31

6.86

7.54

8.27

Puritan

77%

31

34%

Bcience

18.79

13.59

28.25

co

8.73

Scudder Fund of Canada Inc

5.77

Scudder,

7.69

lc

11.14

12.20

Stock Fund.lo

10.17

11.14

Electrical
5.88

6.45

5.54

6.08

7.95

8.71

6.91

Equipment shares—
lc
shares
lo
Fully administered shares—lc
General bond shares
lc

7.58
6.43

Industrial Machinery shares.lo
Institutional Bond shares—lo

5.86
7.96

8.43

Merchandising shares
Mining shares—

lo
lo

9.52

10.43

5.90

lc

10.23

11.21

shares—

Bond

shares

lc

2.23

2.46

equipment

shares

lo

4.93

5.41

6hares

lc

7.44

8.16

7.11

7.80

lc

4.31

8.05

8.82

Growth Industry Shares Inc—l
Guardian Mutual Fund Inc
l

12.89

13.28

Series H-C7

10c

14.93

3.76

Series II-DA

10c

3.72

11.06

12.02

39%

39 %

42%

10

61

67%

16

Security (New Haven)

lo

20%

23

Springfield

10

37%

22

23%

Standard

10

34
48%

Y)—8

16%

18

North Amer__5

45%

6t

Paul

2830%

»«,

%Vv
384

15,

1958

1

1958,

16,

1958————

37%

Natl

Jan.

Feb.

39%

4%s

a20.03

Selected Amer Shares
1.25
Shareholders Trust of Boston—1
Smith (Edson B) Fund
1

Southwestern

1

Haydock Fund Ire

4.11

10.49

2.19

1

7.54

73%
59

-

1

l

7.25

7.92

Fund

1

7.28

7.87

lo

9.36
8.89

9.73

Growth

Fuud.lc

8.90

Institutional

Income

Fund.lo

5.79

10.8O

Tnsur

28%

2

20%

22

99.22

99.30

the

10.25

one

or

32nds of

more

a

point

Bank Bonds—

Federal Land

Ask

1958

14,

2%s May 1, 1958_
3%s May 1. 1958

99.31

99.28

4%s July 15, 19582%s Nov. 1. 1958

100.2

99.29

lo

99.14

99.25

99.21

99.25

99.19

July

10,

95.14

95.8

95.18

99.24

99.18

100.1
99.22

99.26

99.30

1958

3%s

Sept.

1958

3.83

Bonds—

92

3.80s Nov. 1, 1957

Duke
El

Power

Paso

Co

9.64

March

-4.85s

3.

15,

May

99.23

99.27

1958

99.31

100.1

99.31

100.1

1958

Sep.t 2,

Natural

Texas

11.16

wi——

Fund

Inc

Bid

-

Bid

Maturity—

Ask

7.23

7.90

1

9.63

10.47

Continental Fund1
United Income Fund Shares_l

6.31

6.90

3%S Auril 15, 1958

8.45

9.18

4s

1

9.15

10.00

3%s May

1

12.97

14.10

1 %s

Oct.

1 %s

April

Certificates
United

3*as

Accumulated

Fund

United

United

Science Fund

Funds

Canada

Ltd

1

4.94

& Towne

Fund

Inc

Washington

1958

Aug. 1,

—

99;31

—

99.31

100.2

100.4

1 %s

April

—1

9.13

2%s June 15. 1958—

99.11

98.4

97.8

96

96.8

95

95.8

98.21

98.23

98.12

1,

1960
I960-

Ferro Corp

Ask

70

1958

1,

100.7

82

85

Fund

97%

9814
103 >4

Sheraton

1

91.20

Aug.

1,

Co

4%s

.1987

99%

100'4

Southern

Calif

1982

99%

100

5%s. .1977

10314

104

3%s

.1975

4%s

76

57*4

58*4

.1975

65

.1970

Hilton^ Hotels 4V2S—

72

.1976

33/46-

75

,

■

-

1 L,

12.83

—j

Michigan
6V46
Mueller
National

——.—1981

63

4.87

Bid

a—

•

——1977 "104%
3%s—
—1975*
7fl
„

Bra^s
Can

Ss—

;

1970

-fo«.awic

->64%
105%
75

82

1987'




104.

,

85

"

Pow 4%s_1987 ' 'It/J

Northern States Power 5s

Am

Bid

4%a

100%
Iw%

,.,

105

11-

1-57

99.30

100

4.00%

6-

3-57

3-

1-57

11-

1-57

99.30

100

4.25%

7-

1-57

4

Ask

12-

2-57

99.28

12-

2-57

99.29

4-

1-57

1-

2.-58

99.26

99.29

5-

1-57

2-

3-58

99.25

99.28

103%

99

'

101

101

.

101%

'

October

1-57

5-

1-58

99.24

9-

3-57

6-

2-58

99.27

99.31
99.30

4% %

•.

10-

1-57

7-

1-58

99.26

4% %

.

Wi

11-

1-57

8-

1-58

99.30

Dollar Vain*
Bid

Ask

99.976

December 26,

1957-

99.476

99.500

99.908

99.913

January

2,

1958—

99.346

90.357

99.847

99.854

January

9,

105*4 i

November

102*4

103%

November 21,

101*4

102

'

99.780

January 16,

1958—
1958—

99.272

99.773

99.-204

99.218

1957—

99.698

99.707

January '23,- 1958.

99.132

«9tl42

December 5, 1957--——

99.639

99.650

Marcti

103*4

December 12; 1957——

99.583

99.595

April 15, 1958

101%

December

99.523

99.538

%'<

"

t

102%

Bills

Ask

99.973

105

/

101
61

62

82

85

,

_1970

80

85

81

84%

14,
29,

19,

1957—
1957

1957—..

24,

102

-

98.501

98.263

98.287

FOOTNOTES FOR OVER-THE-COUNTER ISSUES:

?

103

^No par value
tEx-100 %' stock
a

'

STOCKS

*

■'

" *

:
_

100

100!4

asset

b Bid

dividend;

100%»

-Stock Exchange

on

the New Yotk

yield price.

-

d Ex-rights.
•tNew

value.-

k-Admitted to listing

Commonwealth" Edison—
5% 5* preferred

Net

x

■

s

Stock:

ExidiVidexid.

—•
*

*

wi When issued.
y

99.284

98.481,

1958—

>

Universal MatfcH 58—:
.—1976
Utah *Power & Lgt 5%s___1987

November

i

.1971

5a—

Corp- 5%s

100.1

1957

>-1987

—1971

Underwood

99.28

1957

31,

___1982

—1977

99.30

8-

4.50%

Dollar Value

.

5%s_1977,

99.28

99.26

Bid

86

82

November 7,

.——i.

99.25

4.20%

99.31
100

United Stales Treasury

99%

100%

Gas—

Trans

1-57
3-57

Ask

3-58
-1-58

103

103

Edison—
_1982

36-

Dated

Rate

Ask

102

1967

1983

Amer

1-57

5-

3.90%

_________

Calif

2-

Due

Bid

Due

Dated

3 80%

US Industries 4%s—

New Jgrsey Bell Telep 4%s_4L993' 100
N—

•

of

Texas Eastern
Textron

.

Wisconsin Pipe Line—

89.28

Federal Intermediate Credit Bank Debentures

3.90%

Tenn Gas Transmission—

i02 '

101

100.5

89.20

1962--

Rate

3.70%

Sperry Rand 5%s_
Tampa Electric 5a__
6s

"Lehigli Cement 4%s___l__l979
Lowensteln (Mr & Sons—
4%s

90.28

11.62

4.50

■

5Via

-17

98.30

100.3

1962

15.

Oct.

91.28

98,26

90.20

%s April 1. 1962_

1%S

7.98

11.76

10.75

1U
1U
L

Inc

Pub Service El & Gas 4%s_1987

Southern

100.9

Mutual

Bonds—(Copt.)

69

.

93.8

93

1, 1961
1, 1961

1, 1961
3%s Feb 15, 1962_
4s

Pacific Power & Lgt 5%s__1987
Pacific Tel & TCI 5Ves_
1980
Phila Electric 4s/8S1987

73

67

94.8

94

6.84

Oct.

Stock
—

15,

Aug.
l%s Oct.

9.95

6.26

99

97.14

97

4s

99.6
99.13

2.31

1958

1,

97.12

1%S April 1, 1960

99.30

99.29

:

l7/8s Feb. 15, 1959
l%s April 1, 1959
l%s Oct. 1, 1959—,

100.1

99.28

1958—

Treasury Notes—

4.83

2.11

7.30

•*.19 Wisconsin

1957

14,

lVaS

4.42

—1

Strum

1,

Ask

Treasury Notes—(Cont. )-

Indebtedness—

of

Dec.

3%S Feb.

5.40

TOO

Van

...,

Figures after decimal point represent one or more 32nds of a point
Maturity—

1

102%

Fruetiauf Trailer 4s_

99.31

U. S. Certificates of Indebtedness & Notes

United Funds Inc—

1932

Gas

99.27

1958

1958—

10.20

10.24

changed to
Axe-Templeton Growth Fund

5s

4%s_.

95%
100

99.29

5s

Name

1982

Power

93

98%

Central Bank for Cooperatives—

4%s March 3,

Security Issues

Bid

Barium Steel 5%s
1969'
Burlington Industries 4%s__ 1075
Carrier
.1982
Corp
4%s

Consumers

100 %

94%

4V8s

11,

Aug.

98.28
103 %

97 %

1972

15,

57

98.16
102%
99%

3%s May 1, 1971
4%s Feb. 15, 1972-1967

99.23

99.20

—99.31

1958

1958 wi

Feb.

96.24
95 4

1,

4s May 1, 1962
4*its July 15, 1969
4%s Oct. 1, 1970-1967——

99.18

99.21

10,

8.

1959—
1959
1, I960—

100

99.24

May

33*4

9.74

Recent

5s

98.4

97.28

4%s Feb. 2,

100

1

4

Gas

99.30
100

99.24

3.80%

Columbia

99.6

98.28
99.22

—

3.875%

Consol Natural Gas

«/a

a26.61

1

11.22

lc

Inc

21%

26*4

Co in

11.81

31V*

1

6.34

TTisHtutlnnai

Fund

20

2

Fire

N

of

Westchester

99.31

12.98

Inc_l

10.24

—lc

-

Fund

3

Y

us Life Insurance

10.79

•

Television-Electronics Fund:
Templeton Growth Fund

7.23

Incorporated Investors
Institutional Shares Ltd—

52%

70 »4

8.13

9.88
11.84

2.39

6.62

Incorporated Income Fund

(N

|2%s June 1, 1960

1958

20,

Mav

4.70$

—1

Income Foundation Fund Inc 10c
Inc

Trust

55%

11.46

1

Value T ine Fund Inc

Income Fund of

Boston

—

U S Fire

88%

99.29

100

10,

Mar.

4*hs

Investors Inc
Sovereign Investors
State Street Investment
Corp
Stein Roe & Farnham Fund
Fund

&

Marine

5

Mortgage Asrsn—

4%s June 26,

Clark—

Fund

Sterling Investment

Guar

6.25

OS Fidelity Ac Guaranty Co—10

8

99.24

1958
1958
4.05s Apr. 10, 1958

1

&

Accident

Travelers

X2n
Sa>
->4

99.27

—

15,

2%s

a31.21

Stock

Fire &

3%8 Feb.

April

4.10s

_•

a21.06

Fund

49%

37

United

14.49

Hamilton Funds Inc—

Inst Foundation

Jan.

Federal

4.74

lc

shares

Utilities

Bank

44

...

lc

shares

11

(Texas »__m

2%s

a9.9G

6.47

Petroleum

2

Insurance

27

4.60s June

Clark

Fund Inc

Stevens

12 %

28

Feb.

4%s

5.88

1

5.26

Common

55%

Natl Life Insurance—2

28.54

5.44

1

7.96

Scudder,

66%

61
52
11%

2%s

1

Funds

&

5
lo
10

14%

17, 1958
4%s March 17, 1958

18.98

12.50

7.01

Stevens

19*8

18

12%

Stock

;

Nuclear

50*8

5

26%

lo

of

Co

3.95s

8.00

Fund

&

46%

46%

10

Reinsurance Corp (N Y)__

33%

coi<

25

lo

4.30s

12.15

i

(Geo)

Putnam

84%

40

Obligations of Government Agencies

12.15

1

Inc

79

Y_ 10

N

Republic

31%

Bid

7.32

Inc

Fund

10
or

Phila Life Insurance Co
Phoenix
:
Providence-Washington

30*8

71

8.G1

11,09

•

,

Growth

73%

(Minn)

Pacific InsttfStfrte Co
Pacific Indemnity Co

48:%

Figures after decimal point represent

11.09

Iiic

Inc

(T Rowe)
Fund Inc

7%

69%

12.50

29

2.50

Fund

Fund

Price

29%

National Life

Northwestern

Federal Home Loan Banks—

Corp

Fund

23

6%

5

10

&
Inc

1

Securities

5
2.50
3.33%

5.73

Inc

Philadelphia

15%
43%
36%

33%
21 %
28

_10

5

—

19.86

Over-The-Counter Securities
Fund

Fire

31%

7.43

18.37

Ltd

Shares

2

5.40

6.80

1

Chemistry

74%

14%
40:%

Fire & Marine
Seaboard Surety Co

(Jacksonville Fla>_2%

Insurance

.1

Fund

Electronics

69
29

5

3,2

45%

5

!

1

Capital Fund

Nucleonics

10
5

A

Northeastern
Northern

City

1

lc
lo

Fund

shares

Resources

on

nni'

i\

7.52

8.17

lc
lc
2
1

Food

Intl

ola

qt

42

Hartford Fire Insurance Co

4s

shares—

Growth

Institutional

o-jo

10

1

Hanover Fire

1

!

Series

Growth

6.42
12.90

Series

lc
1°

Building shares

Institutional

4

Hartford Stcamboiler

Series

Stock

34%

w

Corp class

New Hampshire
New York Fire
North River

nn-.

7.83

Stock

6.20

1
1
Trust—.—1

Investors

Steel

in

5.90

.

Series

126.81

Group Securities—
Automobile shares

Tobacco

7.50

Insurance

10.11

5.40

1

Series

12.02

Gulf Life

1

Series

30

2.50

Newark

of

Life

American

Great

1

Balanced

125.54

Corp

stock

F)

Globe Si Republic

9.47

Income

Industries Fund Inc..

Railroad

(S

Falls

Glens

8.76

4.50

4.45

Inc

Corp

National Investors Corp
National Security Series—

19.41

series

General

RR

Fund

9*8

5

New Amsterdam Casualty-

'

Title

4.12

Inc

Railroad

10
10

11

Franklin

18.04

18.16

stock
series
Fundamental Investors Inc,

&

& Deposit of Md
of Philadelphia

As?

General Reinsurance Corp

16.67

1
Corp—1

Preferred

Electronics

9.88

Wide Securities Co Inc.l

10
20c

(The)

4

59%

8%

4

18.67

3.21

Preferred

Custodian Funds Inc—

Common

9.14

17.27

2.95

21.03

Fund Inc
3
Fiduciary Mutual Inv Co Inc—1
Financial Industrial Fund Inc.l
Florida Growth Fund Inc
10c
Founders Mutual Fund —
•

Chemical

Fire

Fireman's

I

19.67

Investment

Aviation

1

of beneficial interest

Bond

•}

stock

Fund

Shares

52%

Republic

Foundation

Dividend

Fund Inc

Capital

Invest

48

Manufacturers

National Fire
National Union Fire

16%

28%

1.25

—

Fidelity

Mutual Trust Shares

Nation

Fidelity

Gas

15%
26

8.42

Stk

Equity Fund Inc

Futures

Income

5

Fire Assurance

23*8

Fund—

Units of beneficial interest—1

12.3d

Federal

Firemen's

33 %c

Life

26%
55

28%

5

Life Ins

Peerless Insurance Co—

Stock

Fund Inc

10.15

Fund

Common

Trust

Growtn

—5

Bonding

29%

Monarch Life Ins Co

50%

31%

1

Indemnity &

Insurance

(N J)

9.91

Investors

Investors

62 v.

Stock Fund

Franklin

10

6.89

9.23

E

Electronics

46
20 Va

2.11

6.29

Mutual

& Howard—

Energy

5

2.49

7.80

Investment

Balanced

Co

2.45

1

Dividend Shares

Eaton

Casualty

2.26

Fund Inc.,—1

Fund

Fund

5

2.22

Massachusetts

Diversified Trustee Shares—

Dreyfus

10

Co

Special Investment shares—lc
Transport shares
lc

17

Series

Life

3.53

Inc__10c

.

Casualty

Massachusetts

2.97

15 %

Diversified

Ins—_—2

LUe

General

Assurance

2.69

Mass

Growth

5

3.20

Massachusetts

Diver

(N J)

lo

13.14

De

5

lc

14.87

viola ware

Co—1

shares

12.15

1
1

Ins

_•
Employees Group Assoc
Employers Reinsurance Corp—5

13.68

Inc
Vegh Mutual Fund Inc

J>_10

Eagle Fire Ins Co

Fund

169

Maryland

Merchants

3.47

Bond

103

161

14%

2.70

shares

97

10

13%

2.45

1
Consolidated Investment Trust-1
Crown Western Investment Inc
Dividend Income Fund1

Delaware Income

1.91

1%
11 %

20

Mass

Crum Si Forster Inc.-—

4.93

Ins—10

Lincoln National Life

•

2%

3.15

-1

6.26

6

28 %

(N

Life

Natl

Columbian

Connecticut

4.48

lo

—

5.72

Ins

Ins Assn

Camden Fire

5.55

Life

Life Insurance Co of Va
5%

1*8

lc

11.96

Co

18

26%

shares—lc

11.00

Investing

16*4

__

5.09

28 Va

Nationwide

a37.82

Equipment shares_lc

Manhattan

Vegh

1

16

1%
26%
10%

_5

Boston Insurance Co—

Continental

Industries

17.20

De

Inc

Fund—*

shares

Petroleum

Inc

14*8

D C)—1

shares

Paper

Inc..

Life

Stand

Beneficial

Managed Funds—

8.72

Fund

Fund

Mutual

29%

14%

—6.25

(Wash

Natl

Continental

15.82

Fund

27%

13

22%

Bankers & Shippers——10

14.83

1

Composite

24%

9.04

9.27

Composite Bond & Stock

Concord

24*a

Merchants &

5.95

8.54

Inc

22%

21

American Surety Co

11.10

.

80%

26%

Standard

Jersey Insurance Co of N Y

186

'Newark N J)„2Va

Mercury

Bankers

Ask

76

10

Lawyers Title Ins Corp (Va)_5
Lawyers Mtge & Title Co—65c
Liberty Natl Life Ins (Birm)_2
Life
Companies Inc
1

54%

7.29

5.43

8.02

Commonwealth Stock Fund

177

Bid

Par

Jefferson

32%

American Re-insurance—

10.10

10.16

1

Inc

Amer

14.52

1

Investment-.—1
1

Fund

50%

Companies

Ask

133

29

Metal

128

122

—100

.

11.03

25o

Fund

Lexington Trust Fund

Loomls

16.11
14.90
50c
coin—100 11.500 12,100

Inc

Bid
126

Co~5

Assurance

Home

Amer Ins Co

6.85

Growth
Inc

Securities

Preferred

17.24

6.27

1
1

,

15.94

1

Inc

10

Co

10

American

8.43

6.68

Lexington Venture Fund

Fund

9.78

9.34

Stks)_l.

Com

6.54

Capital

Fund

1

11.18

Fund

10

10.92

(Income Pfd Stocks)

1

International

Colonial

K-2

6-1

1

—1

Inc

Ltd

Christiana

16.93

10.68

Insurance

Surety

Agricultural Insurance Co
10
American Equitable Assur—.—5
American Fidelity & Casualty_5
$1.25 conv preferred
5
Amer Heritage Life Ins—
(Jacksonville Fla)
1

23.99

20

<fe

Aetna Life

24,74

Keystone Fund of Canada Ltd-1

Canadian

Chemical

23.71
21.99

Casualty

Aetna

4.96

9.83

18

1

EondS)

Bonds)

9.00

Fund

Aetna

9.32

15.52
8.96
7.72
10.11
13.30

Priced

21.09

Canadian
Fund

(Discount

8.22

Ltd

(1954)

(Low

B-4

19.51

General

Canada

(Medium Grade Bonds t-l

E-3

10c

Bullock Fund Ltd
California

B-2

3.53

Investment——1

Bowling Green Fund
Broad

7.26

K-l

1

Inc

Keystone
Custodian Funds—
E-l (Investment
Bonds>——1

9.62

6.68

Mutual Fund Inc—1
Tr of America
*

Fund

Boston

Mutual

3.23

1

Ltd

Inv

5.26

Boston—1

8.85

lc

Blue Ridge
Bond

4.53

(The?

of

1

1.39

4.14

Growth Fund

Axe-Templet or.
Canada

1.26

America

of

Ex-stock

dividend.

"
,

Volume

Number 5685

186

.

.

.

The Commercial and Financial Chronicle

(1885)

THE COURSE OF BANK CLEARINGS
Bank clearings

.

this week will show an increase compared with

Pre¬

a year ago.

Third Federal Reserve

' //'v

-V-V

s

'

"
•

1

.

'•••

.

t

District—Philadelphia—
"

J

r

"

1

'*'•

-

of the

country, indicate that for the week ended Saturday, Oct. 26, clearings for all

cities of the United States for which it is possible to obtain weekly clearings will be

Our preliminary totals stand

1.2% above those of the corresponding week last year.
at

$21,845,456,054 against $21,588,502,339 for the same week in 1956.

there is

gain for the week ending Friday of 1.6%.

a

At this center

Our comparative

for

summary

CLEARINGS-RETURNS BY TELEGRAPH
Week Ending Oct. 26—,

'-...r
r

New

;

1957

York

$10,294,728,042

+

1,095,523,925

1,068,277,744

•+

2.6

1,031,000,000

1.277,000,000

—19.3

Boston

728,787,721

425,437,647

382,300,000

404,600,000

Francisco

665,578,000

693,137,045

Pittsburgh

468,556,493

448,969,940

598,686,541

347,339,929

362,717.488

-.

1,926,352

1,380,003

Other

4.487.517

1,591,000,000

$16,209,865,864 $16,324,044,960

cities, five days.

4,662,991,825

„

all cities,

five days

Jersey—Trenton

4,330,804

2.0

4,343,487

7,561,524

6,935.026

+

9.0 "

6,414,815

3,868,178

+

3.4

3,444,858

2,907,623

6,481,305

+ 16.7

8,002,587

6,992,746

17,917,619

Delaware—Wilmington

19,906,356

—10.0

16,914,510

13,659,923

16,736,467

19,017,674

—12.0

1,662,178,903

—27.5

3,151,533
6,559,813

14,746,670

11,934,003

1,356,441,401

1,275,821,093

11,798,133
310.134,182

659,401,054

655,021,205

68.067,200

;

61,535,100

13,967,368

15,203,184

15,660,021

15,283,314

526,360,343

544,821,569

l,597,2jl6,165

;

week

for

;

Pennsylvania—Pittsburgh
(7 cities).

4.4

+

We cannot furnish them

616,813,119

+ 10.6

55,473,600

259,856,752
521,075,232
49,361,800

—

8.1

+

2.5

13.490,476

10,560,291

3.4

468,946,366

387,412,260

1.0

1,503.685,453

1.248,629,583

—

13,219,287

11,941,970

Fifth Federal Reserve District—Richmond-

4.2

—

0.7

+

6.3

877,409,564

today, inasmuch

Virginia—Huntington

6,088,750

Virginia—Norfolk

5,361,546

23,385,188

Richmond

230

Carolina—Charleston

4 13.6

4.242.194

3 «CQ

020

23,103,634

+

1.2

21,328,000

17,790,000

229 """ °T3

U7()

-I-

0.7

240 M 4 618

2U0 Ht2 .,245

9,865,354

8.953.953

+ 10.2

6,891,125

5,843.819

Maryland-Baltimore

0.8

+

387t*.,o,uo2

435,^76,424

—11.0

154.121,312

147,462,243

4.5

374,418,100
134,903.236

317,542,110

Columbia—Washington
(6

811,810,145

849,355,003

4.4

782,047,273

684,884,295

+ 10.8

cities',

".

appear

the week

as

has to be estimated.

cases

33,200,236

Georgia—Atlanta

...

Augusta

31,540,117

5,3

140,009,255

143,325,013

2.3

124,076,860

26,938,250
116,125,819

453,500,000

Nashville

press.

which

present further below,

we

able to give final and complete results of the previous week—the week ended
For that week

443,200,000

2.3

443,500,000

390.000,000

there

was

decrease

a

of

8.7%, th.e aggregate clearings for

week in 1956.

Outside of this city there was a loss of

showing

a

decrease of 11.5%.

Federal Reserve Districts in which they

8,232,219'

5.6

6,972,692

7,810,133

8,453,620

8,514,783

0.7

6,787,350

266,427,353

7.8

215,197,441

6,359,9211
175,808,370

238,634,442

329,930,4.43

27.7

277,804,142

196,131,669

18,145,950

14,878,147

22.0

13,266,549

808.286

765,835

5.5

725,257

573,627

208,217,625

228,525,622

8.9

212,826,272

198,479,61-4

1,355,252,316

1,475,339,532

8.1

1,333,547,878

1,129,284,609

8.691,872

the New York Reserve

District the totals

Reserve District of 10.6%

and in the

and

Reserve District registers

in

the

We group the cities

show

according to the

a

decrease

of

note that in

we

11.3%, in the Boston

Philadelphia Reserve District of 27.5%.

Atlanta

a

decline of

In the

Reserve

1.0%, in the Richmond Re¬

District

of

Mobile

Louisiana—New Orleans
Total

(10 cities)

Seventh Federal Reserve
Michigan—Ann

Arbor

1.1%, but the Minneapolis Reserve District has to its credit

Rapids
Lansing

8.1%.

The

Chicago

an

improvement of 6.5%.

District the

totals

are

larger by

are

smaller by

6.6%

and

0.2%, but in the Kansas City

in the

San

Francisco

Reserve

District by 2.2%.

2,657,661

20,103,021

4.8

9,208,095

+

8.9

+

24,282,855

10,644,966

+

-

11,745,265

16,200,053
6,920,233
9,573,837

8.4

84,670,000

78.116,000

+ 11.5

9.970,443

9,238,9*73

1.7

4.7

4,157,517
122,514,184

107,349,643

4.0

6,391,057

5,813,449

61,4.77,008

—22.0

40,722,293

16,228,167

+

5.9

16,646,056

-

13,574,152

90,062,000
9,947.180

4,780,051

4,863,228

143,592,277

137,127,100

+

8,251,880

7,93!?,430

+

47,961,517

17,179,200

—

Bend

12,464,746

97,650,000
11,087,601

South

Haute

Wisconsin—Milwaukee

Iowa—Cedar Rapids
Des Moines

-

City

-

—

+ 11.0

1,686,737

9.7

1.106,369,263

986,470,187

23.8

9,008,325

4,928,041

+ 22.2

15,743,573

12,750,223

+ 12.7

9,379,917

7,895,039

15.7

6,439,554

5,290,943

6.8

1,477,327,156

1,309,622,514

2,096,789

1,888,518
1,400,440,940

13,148,080

10,620,900

•I

Peoria

19,853,887

16,244,237

14,034,468

12,458,427

8,017,509

6,930,942

Chicago

....

Decatur

-

following

we

furnish

a

summary

by Federal Reserve Districts:

Toral

—

1,701,935,413

cities)

(17

3,720.540

36,123,314
15,144,15 J
1,419,215

1,263,902,454

Illinois—Eloomington

Springfield

the

2,571,856

6.7

3,138,797

22,645,333

;

Indiana—Fort Wayne

Sioux

4.4

*"3,000,000

...

Rockford

In the Dallas Reserve District the totals

11,057,193

District—Chicago—

11,160,215

Grand

Terre

falling off of 6.8% and the St. Louis Reserve District of

a

Alabama—Birmingham

Indianapolis

Cleveland Reserve District the totals record
of 4.4%

j

6.1%, the bah\ clearings

located and from this

are

in the

32,391,315

245,591,020

,•

Florida—Jacksonville

Mississippi—Vicksburg

the whole country having amounted to $22,898,628,089 against $25,077,688,129

District

119.416,083

Sixth Federal District—AtlantaTennessee—Knoxville

Maco.il

the elaborate detailed statement, however,

center

+

1.2

+

not available at time of going to

are

Accordingly, in the above the last day of the week in all

Reserve

8.421,283

320.073,028

0.7

2.0

—

$21,345,456,054 $21,588,502,339

Saturday and the Saturday figures

19.

15,669,577

2.9

+

1,613,796,687

—

Youngstown

8.1

+
—

•

issue of next week.

In

,

4.0

+

•

12,757,457
301,002 722
—

Columbus

Complete and exact details for the week covered by the foregoing will

serve

—

1,204,936,524

(11 cities>

Total

-

at this

4,823,843

1,221,000,000

7,562,331

York

Cleveland

5.5

—

4,387,047,815

972,598,305

—_

Total all cities

same

1,740,023

6,411,060
1,291,000,000

4.245.138

Cincinnati

1.8

+
—

$20,872,857,689 $20,711,092,775

cities, one day_.

'

Oct.

1,794,645

9.4

+

District of

Total
All

we are

+ 12.1

—28.7

"'4,000,000

-.

—

Wilkes-Barre

South

In

2,474.504

4.910.162

-

Scranton

west
Ten cities, five days.

'

;

+ 23.9

1,135,000,000

Philadelphia
Reading *

Ohio—Canton

4.4

—

587,111,280

Baltimore

ends

:

1,781,365

2,773.650

Lancaster

Total

Cleveland

our

$

1,671,573

2,207.410

Mansfield

City

Louis

San

762,065,774

433,152,137

.

Kansas
St.

in

1954

1,442,417

1.6

Philadelphia

.

1955

c/o

6.7

Fourth Federal Reserve District—Cleveland-

$10,458,942,118

Chicago

\

or

+

'

*

1956

Inc.
Dec.

1,896,174

Chester

Total

t

1956

"

.2,022,223'.

Bethlehem

New

■

follows:

"the week

!

1957

;

Pennsylvania—Altoona

liminary figures compiled by us based upon telegraphic advices from the chief cities

Week Ended Oct. 19

-v'

V

!

'

$

•

•

49

—

-I

1.826,752,441

SUMMARY OF BANK CLEARINGS
1957

Week Ended Oct. 19—

$

1st Boston

2nd New

12 cities

York

Philadelphia

4th

Cleveland

6th

1954

$

Missouri—£ffc Louis
830,302,733

12,601,042,125

—11.3

11,255.613,807

10,836,407.085

1,204,936,524

1,662,178,903

—27.5

1.356,441.401

1,275,821,093

1,613,796,687

1.0

1,503,685,453

1,248,629,588

—

811,810,145

849,355,003

1.355,252,316

1,475,339,532

1,701,935,413

1.826,752,441

816,192,360

825,543,816

717,218,197

673,676,483

—

—

—

99

4

4.4

782,047,273
1.333,547,878

410,900,000

393,900,003

186,516,877

157,060,363

8.4

172,792,803

175,318,404

2,769,031

Total

(4 cities)

6.8

1,477,327,156

1.309,622,514

1.1

772,978,711

728,879,522

6.5

660,162,083

597,074,260

-

2,000,753

1.1

772,978,711

728,879,523

1,129,284,609

—

+

Ninth Federal Reserve District—Minneapolis-

9

723,478,304

+

678,660,947

571,811,562

572,975,161

1,333,520,621

1.305,310,770

—

6.6

670,887,036

615,922,143

North

590,116,224

502,784,068

"South

1,135,218.086

Dakota—Fargo

10,856,485

7.8

9,166,117

8,340,885

447,221,407

+

7.4

448,651,556

404,220,349

173,590,487

+

5.1

160,546 547-

144,855,757

13,177,076

-

Paul

1,290,034,099

0.2

—

Minneapolis

99

6

11,704.918

480,396,505
182,505,172

Minnesota—Duluth
St.

99

City

-

684,884,295

8.1

99

7

11th Dallas

825,543,816

-

5.3

35.1

202,516,655
2,719,841

816,192,360

Illinois—Quincy

200,507,320

185,592,959
3,675,523

4.3

419,800,000

229,223,878

——

Tennessee—Memphis

99

17

>

397,700,000

-

Kentucky—Louisville

99

90

9th Minneapolis

Eighth Federal Reserve District—St. Louis—

$

857,458,417

1,597,216,165

6

Louis

10th Kansas

Ci

,—10.6

99

10

7th Chicago
8th St.

Dec.

993,056,261

99

7

Atlanta

$

887,801,867
11,177,454,615

11

5th Richmond

1955

Inc. or

"

10

3rd

1956

11,327,313

+

4-15.8

11,726,625

3.7

5,542,878

+10.2

7,503,114

7,070,544

—12.6

17,025,246

16,479,781

'6.5

660,162,083

597.074.263

1.218,567

1,057,544

5,594,733

5,304,747

-1

8,330,796

7,556,967

15,568,997

17,819,077

717,218,197

673,676,483

Dakota—Aberdeen

10,850,049

5,256,904

*

12th

99

Sap Francisco

10

+

2.2

Montana—Billings

s——

Helena
Total

109

Outside

We
week

New

22,898,628,089

25,077,688,129

12,182,180,036

12,973,316,065

—

8.7

22,550,304,538

20.894,829,996

6.1

11,736,460,673

10,450,887,032

Total

York

now

_

99

City

add

our

detailed

statement

—

showing the figures for each city for the

Tenth Federal Reserve District—Kansas

1957

1956

$

$

Inc. or

Dec.

1955

%

1954

$

$

First Federal Reserve District—Boston2,920,369

+

3.9

2,646.982

2,362,388

8,448,221

7,117,949

+ 18.7

6,497,996

6,528,086

726,237,797

822,839,642

—11.7

720,692,313

698,537,150

3,845,318

4,561,140

—15.7

4.379,176

1,922,275

2.092,163

5,207,533

4,619-670

Springfield

17,671,238

19,031,828

Worcester

13,035,715

14,407,563

River

New

Bedford

New

Rhode
New

45,397,624

Total

3,145,906

887,801,867

(12 cities)

37.635,800

3,131,961

Hampshire—Manchester

29,480,705

36,788,700

Island—Providence—

45.203,526

23,080,143

Haven

737,471

14.0

9,575,558

9,053,895

6.2

170,736,606

161,512,889

12,881,610
29,579,759
439,651,870

15,407,377
6,753,814

723,478,304

-

Kansas—Topeka
City

St. Joseph

Springs

Colorado—Colorado
Total

(9

cities)

993,056,261

+

—37.1

745,7511

10,142,851

10,356,797

+

6.8

25,918,237

26,872,379

+

7.8

433,178,852

389; 201,489

+

9.3

12,639,546

11,884,507

6,361,203

+

6.2

6,525,402

5,450,833

678,660,947

+

6.6

670,887,036

615,922,14.?

4,124,671

8.1

1,589,756

'■

3,926,272

3,666,803

7.1

14.533,889

14,212,106

9.5

11,673,391

10,084,781

■

1,466,929

+12.7

—

.

-i

14,102,969

31,585.586

—

—

Eleventh Federal Reserve District—Dallas-

Dallas

0.4

35,627,640

—21.7

22,163,257

19,465.842

2.3

31,077,925

34,788,600

0.4

2,649,820

2,491,848

—10.6

857,458,417

19.8

9,398,974

8,097,671

0.4

509,780,038

430,233,727

8.5

39,099,087

35,446,579

41,320,643
8,882,000
7,615,296

16.3

6,850,240

6,214,0111

15,789,722

18,045,273

-12.5

16,640,885

15,048,073

571,811,562

;

_

10,449,383
483,247,404
45,174,521
9,509,000
6,549,580

572,975,161

0.2

590,116,224

502,784,0681

12,517,504
485,686,397

Texas—Austin
Fort Worth

Connecticut—Hartford

+ 14.0

474,039,128

.

i

Lowell

—18.7

890,172
10,487,617
163,490,626

8,097,109

Omaha
Wichita

3,035,342

Fall

1,215,121

1,014,391
11,959,787
173,632.683

"
..

Missouri—Kansas

Massachusetts—Boston

+

City988,429

Hastings
Lincoln

Week Ended Oct. 19

Maine—Bangor

-

Nebraska—Fremont

ended October 19 for four years:

Clearings at—

(7 cities)

-

-

830,302,733

+

—

—

32,573,529

Galveston

Falls

Wichita

Louisiana—Slueveport
i
Total

J

6.6

7,744.000

8,347,000

—

(6 cities)

Twelfth Federal Reserve District—San Francisco—
•

Second Federal Reserve District--New York-

I

Yakima
New

York—Albany

__

Bingham ton

-

Buffalo

(a)

30,508,268
(a)

158.260,238

Jamestown
York

180,757,510

3.147,539

Elmira

New

25,302,783

2.896,102

—17.1

21.939,497

21,735,882

3.904,102

4,177,911

—12.4

159,291,489

126,379,430

8.7

3^,081,167

3,133,494

_

+

3.619,167
__

-....

-

Syracuse

+ 12.7

2.219,589

2,626,201

12,104,372,064

—11.5

10.813,843,860

10.443.942,964

42.621,715

,

__

3,212,167

10,716.448,053

•,
„

Rochester

38,551,520

+ 10.6

35.909.981

28,846,923

25,891,265

+ 11.4

22,715,961

32,117,754

—22.3

25,370,278

19,196,691

'

New

Jersey—Newark

75.850,973-

98,395,423

Northern New Jersey
Total

(10

cities)




I,

85,087,173
97,648,302

11,177,454,615

12.601,042,125

—10.9

,

24.332,607

74,790,038

0.8

91,552,845

88,880,043

11.255.618,807

5,968,682

+

7.3

+

25.7

184,810,673

202,016,340
6,610,464

3.6

204.714.888

—

6,022,923
180,418,167

—

Pasadena
San
San

Francisco
Jose

116,164,997

96,344,861

7.3

25,897,877

21,508.473

+10.6

17,557,836

14,718,627

675,231,712
29,187,601
7,881,295
16,271,600

0.2

673,859,638

594,733,259

+ 11.1

23,414,429

18,940.923

_______

32.433.273

_■

Santa Barbara

9,604,768

-

Stockton

Total

+ 14.9

18,951,759

12,022,625

Beach

92,859,930
30,565,733

676,450.216

:

City

225,998,184

_______

Lake

Utah—Salt

California—Long

217,870,191
106,670,764
32,783,636
20,952,949

Oregon—Portland

(10 cities)

1,333,520,621

1,305,310,770

22,898,628,089

12,973,316,065

+

+ 21.9

6,220,804

5,788.197

—26.1

13,576,826

11,931,980

1,135,218.086-

2 2

1,290.034,099

8.7

+

25,077,688,129

12,182,180,036

+

22,550,304,538

20,894,829,996

6.1

11.736.460,678

10.450,887,032

'

'
_

Grand total

(109 cities)

tr.

67,621,300

—11.3

202,394,274

7,502.567

-

34,380,562

24,961,801

Connecticut—Stamford

217,229,632

Washington—Seattle

+

10.836,407,085

Outside New York City
<ai

Clearings

operations

discontinued.

^Estimated.

—

50

The Commercial and Financial Chronicle

(1886)

.

.

Monday, October 28, 1957

.

:

just passed.

EXCHANGE

RATES

CERTIFIED

BY

OCTOBER

FEDERAL

33,

1957

TO

RESERVE

BANK

OCTOBER

24,

TO

1957,

r.+Vi

TREASURY

(Continued from page 16)
'

}

1930

ACT OF

TARIFF

UNDER

Noon

Name of Company

Fridav

Monday

Tuesday

Oct. 18

Oct. 21

Oct. 22

$

,

Argentina,

S

$

'■■■<■

peso—

Official

.0555555*

.0555555*

Free

.0252592

Australia, pound
Austria,
schilling
Belgium, franc
Canada, dollar
Ceylon, rupee
Finland,
markka
France

%'

.0555556*

.0385356*

.9385356*

.0199000

.0199025

•'

1.037812

1.038333

.209412

.200400

.00311807*

.00311807*

.00285795*

.00285795*

.00237500

.00237500

mark

.238000

.238000
.209540

.20.9500

.209458

2.801875

2.801250

peso

.00277912*

.00277912*

.325466

L.

.325766

.325733
.0800560*

.0800560*

.263275

.263400

.263566

2.775061

2.774133

2.773514

escudo

.140080*

.140080*

.496950*

.0349000*

.0349000*

.0349000*

.0349000*

.193283*

.193283*

.233350

.233350

2.791407

2.790784

2.802812

2.801875

2.801250

2.798937

v

Light $0^^

4%

preferred

3'/2%

In

thousands of dollars

i

District.

Francisco
Increase ( + ) or

Borrowings

ASSETS—
Gold

1957

certificate

account_______

Redemption fund for F.
Total
F.

R.

gold certificate

R.

and

Industrial

1956

9,998

+

848,788

3,390

—

reserves

21,985,180

769,000

10,004

Acceptances—bought

outright..

18,182

56,210

192,862

4

280

15,890

498

2,110

-*

;_

492,873

ASSETS—

-

Loans

and

302,147

Loans

Held

under

Total

repurchase

U, S.

Govt,

23,228,235

agt.

31,100
53,000

______

securities

23,228,235

—

Real

,

455,147

U.

S.

Total

loans and

Other

securities—

23,890,344

foreign banks

Uncollected cash
Bank premises

—

28,392

12

items

82,702

assets

+

+

+

262

189,837

;___

.

—

assets

—__

15,775

+
—

10,846

52,049,318

-1,075,110

+

295,090

75,365

+

Reserve

U.
Other

26,790,985

-

Deposits:
Member

U. S.

bank

reserves

-

Treasurer—general

18,833,444

acct.

—

58 840

24,368

258,296

—

—

—

+

80,657

3,999,586

—

2,949

19,877,998

availability cash items

Deferred

933,618

liab.

Total

and

divs.__

liabilities

+

50,688,399

36

+

30*

—

75

+

47
22

1,120

+

59

10-14
10-25

10-25^-

10-31

10-2^

11-15

n"

Pacific

87'/2C

11-

10-

12-24

30c

'

1,668

—

4,450

—

_

'
:

18,108

—_

5*
2*

7.693

Banks—

Reserve

V—

977

paid

Surplus

4

domestic

banks..—_—_

—

99,434
122,008
25,060

39,638

Time
U.

—

+

1,231

236,020

123

6%

+

Combined

9

204

—

S.

Government

430

—

849

23,975

19

+
—

670

—

11,383

+

540

—

+

29

+

202

58

+

126

—

585

_

_•

—__—

Concord

Federal

1,055

others

9

Reserve

Banks.:

524

—

588

—

,

(Section 7)

340,470

&

155

accts.

52,049,318

combined

loan

+

13,156

37)180

—1,075,110

+

+

.2%

+

1.6%

accept¬
69,802

commitments

1,130

+

80

+

+

45

16,387

—

1,304

Condition Statement of Member Banks
The condition statement of
weekly
banks of the Federal Reserve

shows

the

following

ended Oct. 16:

reporting member
System in leading cities
principal changes for the week

Increases of $204 million in
balances with

domestic banks, $430 million in
demand deposits ad¬
justed, and $540 million in demand
deposits credited
to domestic
banks, and a decrease of $670 million in
U. S. Government
deposits.

Commercial
lion

in

the

and

industrial loans decreased $40 mil¬
District, $17 million each in the

Chicago

Boston District and in the New
York District outside of
New York City, $16 million in
the
Philadelphia District
and $10 million in the
Cleveland District, and a total
of $53 million at all

reporting member banks. Changes
according to industry appear in another
press release

Real

loans

estate

loans

increased

increased $47 million.

$30

million,

and

"other" securities decreased $34
million and $22 million

respectively.
deposits adjusted




and

American

Commodore

/'£[

TENDER

-t.:

Note

Co., preferred stock
Inc., common stock..

Hotel,

5.80%

Discount

capital

American

5%

debs,

7

Diversified

Oil

&

Five-year 6%
Firestone

4V2 %

Tire

s.

&

f.

debs,

Rubber

due

1

,

cumulative preferred stock

Refining

5V2%
Loretto
1st

conv.

1,

mortgage

serial

Apartments

(closed)

mtge.

Date

bonds

__£

1961

Literary & Benevolent Institution

Montreal

'
..

May

of

bonds,

1,

million

in

•Announcement In

this

issue.

.

Water

1

20

10-28

450c

12-15

12-

t

11-

1

10-

5

11-

1

10-

5.£

50c

Co.,

10-.!?
16- 5

•11-

1

10-

5 £

52c

11-

1

10-

5;
5

11-1

55c

32)ac

:

<quar.)__
Ltd.—

B

&

2
2

10-31

2

10-31.

11-20

Cur.tiss

Candy,
1-st

(N.

Y.l

Dallas

'

Power

4 V2%

•*

7TDana

*

'

.

(s-a)

(quar.)

!

11-

5

11-20

H-22:.
12-14

11-30

12-16,
12-

9

10-1.0
10-

9

11-

1

12-16
10-15

.*

1

10-15
13-16

11-15

10-15

12-

2

12-

5

1-15-58

1-

2

$4.50

—

11-

12-20

$4.50
.-.

2-15-58

1-

2

$1

11-

1

1

10-10

$1.06

(quar.).

1

10-10

11-

1-

10-10

834c
1

;

(quar.)

11-

S1.12
:

11-

1

10-22

11-1

10-22

$1.75
75C

preferred

(quar.)

12-16

9334C

1M5-58

$1.25

11-

1

-

11-15

11-15

40c

(accum.)

pref. A "(quar.)
5%

11-

11-15,

12-30

$2
28c

1

Br

87'/2c

<quar.>_^_.

pfd.

11-

10c

.

Davenport Water,

1-1-58

quar.b_ 450c

(quar.i

common

11-15

$2.50

^

1

I-

10-28

10c

(accum.)

preferred

12-17
II-

$4

(quar.)

preferred. (qtiar.)__+^

Corp.,

3ai %

50c
20c

-

Stores

common

1

I-2-58

17y2c

(quar.)

:

pfd.
:

Transit,

12-

12r-14

12-31

(quar.i

Light Co:, $4 pfd."(quar.)

-/ $424 preferred
*

(3

1-2-58

iquar.l_-i

Lines

Ltd.

4'^% :1st

I.

12-

$1.13

(quar.)

;

preferred

12-

12—

11-25

$1

93+4c

(quar.)

Drue

1-2-58

II-29

45c

(quar.)____

.

10-16

I-2-58

25c

(quar.)

(quar.)_-_

11-16

1-2+58

...

15c

pfd.

4

10-15

12-

$1.121/b

5%

Co.

10-

22-

$L04

"

(Chicago)

Seal

1

11-15
12-

60c
-

common

Transportation

(quar.)

Cork

10-18*'

416c

(quar.)

4j/2%

A

10-

1

412c

(quar.)

(quar,)_

Shoe,

11-1

450c ;

-

_

*

11-

47',2c"
-

+

11-

$1.25

-

Gas

(quar.)

class

.

21V 1

£

common

Co..

8

51c'
51)'ac

,

CQneo

1633

*"

II-

47V2C-

,—

Mills,

Co..

Electric Co.

Dallas

I964__Nov

10-31

420c

Corp.-.(quar.)
(N. Y.)
+ T-

Co.

10-2

10-31

■11-15

5iy2c

of America,

Can

Cunningham
•

10-30
11-15

3ftc

$1.37*si~'

,

Crystal Oil .& Land, $1.12 pfd. (quar.)
Press, Inc., 3t2% preferred (quar.)

1544

-

$103

12-31

11c
,

Theatres, Ltd.-, class A (quar.)
(s-a) __£___——.—

preferred

Paga
1

Nov

Jan.

10-31

3iy4C

(s-a)

preferred;

Class

Missouri—

-

due

10-31

10c

::

Natural

Craddock Terry

Ltd.—

4*/2%

11-15

10c

(quar.JJl^-j'.i+J"

Insurance Co.

1149

I

.

Nov

1

20c

common.

CALLED
•

due

B

2%

Co.—

debentures,

1

11-

-

Power—

Textile

preferred

Crown

Company and Issue—
Frontier

1

11-

(quar.)__^

Gin

1738

ISSUES

11-

(quar.)

(quar.)

preferred

Crossett

mtge.

ENTIRE

50c

preferred -(quar.)

$3.75

Cook

1739

1,

1.1-15

$1.16

(quar.)

(quar.)
Association
(Toronto)—

-Continental

1503

1

May

1

10-29

20c

CosirjopoJitan Realty "(quar.)_:
1

1962^___Nov

due

12-. 2
12-

28c

(quar.)___

$4.50

.

bonds, series A, due Dec. 1, 1977__Dec
1
Northam Warren Corp., $3 cumul. conv.
pref. stock____Nov 29
Roman Catholic
Bishop of Portland (Me.)—
*
First mortgage bonds, series
V, due Nov. 1, 1963
Nov
1

first

Co.,

preferred

Continental,

15

3^8%

215c

,4%.preferred (quar.)_^_l

1493

:__^_Ncrv

Hart Stores, Inc., 5% s. 1. debs,
Jacksonville Terminal Co.—

1

(quar.25c

1

Container Corp.

1373

1

Nov
-

.....

1

11-

$0.2143

(quar.)

Consumers-

4-

1961
v.

1

11-

*> 4.50%". preferred ' ( quar.
_^2i——
$1.12J'a
4.52%" "preferred Tquar.)L-l£Li__i______l__ ""
$1.13'

;

<

1,

A

Consumers Power Co., common
4.16%
preferred
(quar.)_

Page

.

_NoV

May

(quar.)

11-

$1.17

preferred

Contihental

...Nov

Co.—

1

12-10

Co.—

(quar.)

Continental

.

Electric

(quar.)

.Class

1627

1976

11-

60c

(quar.)_

Dearborn

•-

due

11-15

37%c

Consolidated

1373

.____Jan

May 1, 1967
Mining Corp.—

10-30

$1.07

preferred

5%

-

15

due

11-15

$1.0614
:

Co., "Ltd.

Light &

preferred

$5

REDEMPTIONS

Inc.—

(quar.)__

pfd.

(initial)

Lile

Consolidated

Georgia—

debentures

Electronics,

conv.

1

;

Consolidated

Page

Date
of

Co.

•

Nov

Company and Issue—
American

~

Date

PARTIAL

1st

increased

Bank

31-

30c

$1.50

Inc.

Edison "CO.

-

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."
OF

31 V4c

Telephone Co.

preferred

$2.20

called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

NOTICE

S

(quar.)

class

Consolidated

bonds, notes,
redemption,

Company and Issue—

1

10-30
'

(quar.)__

Ltd.

Paper,

Consolidated

common

"other"

Holdings of Treasury bills increased $59 million at
all
reporting member banks, of which $48 million
was in
New
York City.
Holdings of Treasury notes and of

Demand

preferred

1

11-

(quar.25c

$2.08

including those

foreign

11-

1

$2.09

list of corporate
stock
called for

11-15

■'12-31

$1.25 pid.

$2.04 -preferred .(quar.
$2.06 preferred series E

"

Notices
a

10-31
10-31

-

10c

(quar.)

National

Quarterly

_<

$2

295,090

-

$1.25
;

^preferred- -1 quar.+w'_i__r_."_i-__ii_2 _+

Conduits

Redemption Calls and Sinking Fund
Below will be found

47.1%

liability on
purchased for

correspondents

Industrial

53,981

2

11-

6%

Engineering

Confederation

revised.
tExclusive of loans to banks
and
after
of valuation reserves; individual loan items are shown gross.

20,221

+

245,313

capital

Contingent
ances

+

_L—

27,543

Ratio of gold certificate reserves
to deposit and F. R.
note lia¬

bilities

143

747,593

T12-' 2

*-12-

$1.121b

Ohio

Natural >Gas

5VL»%

figures

deduction

;

87V2c

.

Borrowings:
From

r50c

-

Compo Shoe Machinery, com; (resumed)_"__•
Voting trust common (resumed)
5%
preferred (quar.)
1
*
Concorci Fund. Inc.—
"
;';
Quarterly from investment income

$1.90

(Section i3b)
Other capital accounts
liab.

Lock

Commonwealth

127

1,745

deposits:

banks

10-18

1-1-58

(quar.)

Edison, common
4.64preferred (quar.)

672

io-2r;

11-15

40o>

pfd.

Commonwealth

1,946

.+

-

(quar.)

Commodore Hotel,

154

+

21-1

10-31

Co.—

(quar.)

Enterprises

Combined

54,774

—__

v

preferred-(quar.)

Combustion

+

banks

From

258,068

preferred

196

+

11-/1

$1.12)2

common

Co.,

Co.

Southern

preferred

411

2,554

deposits—2,265

demand

Domestic

U.

except

Government

Interbank

239,592

—

-1,088,409

adjusted

(quar.)

com.

4'/2%

Corp.,

5.25%"*"preferred
deposits

deposits

S.

+4%

4.65,%

834

19

—

21-15

■

System, Inc.

Columbus

—

-

,

35c

preferred -(quar.)

.Connecticut

in__

Surplus

Total

Pictures

50

—

.

37V2c

$1.25

(quar.)

'

Terminals

CAPITAL ACCOUNTS—

Capital

Gas

Carbon

64

+

,

,

iquar.$1.06)4
& St. Louis

Power,

Columbia

139

13,232

i-_.

>

:

50c

31.

Columbia

—

22

1,048

—____________—

—

:

Chicago

Colorado Oil & Gas Corp.,

+
817
—1,079

34

+

11-27

:12-31- .11-2

3-3-58

central

&

]

7

/

87V2C

Columbia
$4.25

'

H

RR.

gtd." (quar.)

Oct.

on

1

,,

3-3-58

542

+

10)-iL

50c

—1,046

+

10

10-10,r

(-quar-.)

Columbia

+

1
1

10-31

Fund

clared

101

25,346

Federal

*Oct.

19,830

—

—

•

securities—total—___£

notes

with

Foreign

accrued

1*
2

+

8,759

___

47

LIABILITIES—

5,500

—

—

:—

__

Total deposits

Other

+

484,469

301,789

Other

1,922
1,116

11-

11-

11-15
11-14

Finance,

Colorado

11,430

with

+2,295
—

:—

vault

Demand

Foreign

—V

loans__

banks

to
in

53*

$1

$1.25

Pittsburgh RR.

regular

Colonial

pur¬

securities

Loans
Cash

—

securities
purchasing or carrying

m&a

1

,10-iL

10-31

0%
preferred - (quar.)
(from investment income)
A. distribution
of
realized
gains
to
beapproximately 38c per share will be de¬

+2,395

________—_—_________

bonds

S.

Balances
notes

for

10-3

11-

.

255,551

LIABILITIES—
Federal

dealers

1

Coghlin (B. ,J.),- .Ltd.
(quar.)
_—125c
Colgate-Palmolive Co., common (quar.)_
a75c
3V2%. preferred (quar.)
87V(c
Collyer Insulated Wire (quar.)
•
50c

+1,226

25

bills

Treasury

10

227,570

126,761

and

1

11-29

20c

regular-guaranteed (quar.)

7%

uio0.

11-

5%

Ry.—

speciaL guaranteed

Colonial

25

+

440

&

4%.rspecial gtd.'

£

+

loans'

Reserves
Total

1956

31,644

loans..

Treasury certificates of indebtedness—

650,399

—

—1,110~987

5,114,853

industrial

Government

Treasury
Due from

1957

87,292

carrying

or

estate

Other
—

adjustedt______

loans

securities

455,147

84,100

and

loans for

Other

bought outright____

4%

,7%

Oct. 17,

54,253

brokers

to

chasing

2,801,750

•

Total

investments

Agricultural

-9,153,913

Bonds

Cleveland

(In millions of dollars)

adjustedt

9,000,913

_

£'•'

•

Cincinnati,

;:to-I^

60c

Cleveland. Securities-

Oct. 9,

1957

Commercial

31,100

19,933,612

Notes

decreased

11-, 1

-2_—2I/2%!

preferred

conv.:

**10jcr

•

1

37V2c

&

Electric—

&

i

•

11.-

25c

______________

Increase ( + ) or

16,

4,A.%

"11-1

a-i»!»-

•*; k"'$i

Paul

Western

Gas

10-10:

11-

(quar.)______

Ry. Co. (quar.)
;
Cleveland Electric Illuminating,
$4.50
preferred
(quar.)_

''I. Decrease (—) Since

Oct.

Loans

Government securities:

Bills

Banks

Great

Stock: -dividen'di

Cleveland,

A summary of assets and liabilities of reporting mem¬
ber banks follows:

56,666

Eought outright—
Certificates

Reserve

758,996

6,651

597

_

6,608
34,973

645,622

advances..

Federal

'v,

$58 million and borrowings from others decreased $155
million. Loans to banks decreased $139 million.

l.v

410,373

banks

loans

S.

1957

21,136,392

notes

cash

Discounts

U.

Oct. 24,

376,017

notes of other

Other

Oct. 16,

from

+

^

l

10-31

62V2C

Common
(increased
q.uar.)_
i
£
City; Stores Co;, couimon;. (qliur.,)+_i^_i_'_;i__;

'

,
.

Decrease (—) Since
Oct. 23,

;

12-1+
12-20

11-

(1,947 series) .(quar.)$1

St.
(quar.) ,
$5 preferred (quar.)_

Cincinnati

.-11-15'

20c

,

Milwaukee,

Chicago

"

,i

40c

Common

the Kansas City District, $101 million in the Chicago
District, and $84 million in the Cleveland District. Time
deposits increased a net of $19 million; the largest
change was an increase of $30 million in deposits of in¬
dividuals, partnerships, and corporations in the San

10-21
10-18

$1.05

J

of Virginia (quar.)__
Ohio Ry.
preferred (quar.)

&

conv.

Chicago,

i

r

2

' 'V

Chesapeake Corp.

•Nominal.

Federal Reserve Banks Combined

10-11

-11-29

1-

$1

Corp,, common
preferred Iqiiar.) '■

4%

Chesapeake

Statement of Condition of the Twelve

19-31

37'aC

:

fiquar.)

Cherry-Burrell

2.788480

2.798437

&

,

.233350

2.792341

11-16:;'
•-

10-31

'

(quar..
EleGtrfc jquar.) _____

Chase

.193233*

.233350

2.737982

Union of South Africa, pound
United Kingdom, pound sterling

.193283*

.233350

•

1

Refining (xjuar.)
Manhattan Bank, N. y; (quar.)___
Chemical
Products
(stock, dividend)

.496950*

.0319000*

22-

30c

60c

25c

Food Markets Co., 5%
pid. (quar.)
Chain Store Real Estate Trust (Mass.) —

.140080*

.496950*

.193283*

9

Quarterly
Champlin Oil &

.140080*
.496950*

bu

Rec.,

9

11-

"

Century

2:771225

.140030*
.496950*

Sweden, krona.
Swltzerland, franc-

4

11-

(quar.)__
iquar.)_____

preferred, <quar.ili_ __________f
Public Utility Corp.
(quar.),
& South,West
Corp./(quar.)..__-

Central

.263583

2.770730

It60c
$1.05

+Gas cOo.

preferred

4.20'4

V .0800560*

.0800560*

.263075

Power

Central

.325500

.32o700

12-30

quar.)

pref. +ouar.+_____.

ponv.

4%

-

.00277912*

,.00277912*

.0800560*

Netherlands, guilder
New Zealand, pound
Norway, krone
Philippine Islands, peso-.

$1.50

2,798937

.00277192*

Corp.

common

Electric

Central

,209344

2.802812

415c

22%c
Central Hudson Gas
1 20c
Central Illinois Securities
-Corp,—•'f I--"

.238000

.209310

dollar

Central

.00237500 '

2.798437

12-10
,11-1

Canada Investment^,. Ltd,—
V
preferences 1;--t$2.50.
Coke.'(s-a)i__^
50c

5%

.

.00285795*

u

V,

.238000

.238000

Corp.,
preferred

,

.00311807*"

'

"

;

Malayan

'*

.00311807*

.00311807*
.00285795*
.00237500

-40c

-30c

„

o1

:-i2-is£'

12;31

"25c

.

.

'

.209300

.00285795*

Products

5%

-1,038789

.209450

.00237500

(quar.-)

Central Coal &

1.037851

(official).

Steel

Central

:0199600

.209275

franc

com.

Tractcr, common
(quar.)
preferred ,(quar.i_-__i_:____-i.^___"_

Celotcx

.0385350*

.0199062 "O

1.036562

Japan, yen

Portugal,

Ceco

.0253136 r~

.0385356*

Light,

-

2:230228-'

N

&

Caterpillar
4.20%

.0252809

.0199025

Germany, Deutsche
India, rupee
Ireland, pound.

Mexico,

Thursday

.0555555*--

.0385356*

Power

Payable

Share

Mining (stock dividend of 1 sli. of
Gannaway International Corp. for each 60
shares held)

.Oct. 24

2.232071

2.232569

>

•

Cataract

■

W,:.

'

Castie-Tretheway Mines. ,Ltd:_i-^;^i___^i_+ ;

•

(Free)

Malaysia,

$

?V.

-

Records, Inc. :(quar.)Ai'.^__i'-f_-f:
Carborundum Co, (quar.)

Money)

States

Oct. 23
V-:

.0252269

2.233316

United

In

Wednesday

.0555555*

.0252592

2.229330

(Metropolitan),

Franc

(Value

York

•

Capitol

INCLUSIVE

Buying Rate for Cable Transfer! In New

"<■

.

Holder*

When

*

•

Carolina

Country and Monetary Unit

Ji,//

V

DIVIDENDS

Foreign Exchange Rates
Pursuant to the requirement of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank
certifies daily to the Secretary of the
Treasury the buying rate for cable transfers on the different
countries of the world. We give below a record for the week
FOREIGN

:

12-

6

1-

3

10-10

-

Volume 186

Number

5685

The Commercial and Financial Chronicle

(1887)
-*•

Per

*>

Name of Company

^preferred

'
*•

___

.(quar.').»___i.—

Deunison
S8

Denver

A

common

common

debenture

$2.50

to

$3.50

Union

30c

(quar.)__,

1st

Yard

Diamond

Ma ten,

$1.50

Freiman
Friedman

11-

4

3

11-

4

3

11-4

(s-a)

* "

12-15

$1-

Co„

common,

12-

12-

10-11

11-15

4oc

i

7

10-

7

J^eiieticial

.

interest

shares

Stock

1

Distillers

General

Linoleum, Ltd.

10-31

General

Mills, Inc.

General

$50c

11-15

10-31

*18c

10-31

10-

11-

1

10-15

11-1

10-15

General

Refractories

11-15

10-25

General

Shoe

10-31

10-11

10-317.;

10-11

General

10-30

10-11

5%

*50c

ujuar.)

*12'/2c

B

11-1

10-

Dr$vo Corp.,

*20c

(quar.)—,

.11-

10-

(quar.

1

$2

9-30

11-16

(quarterly

from

in-

net

Drtig- Fair-Community Drug Co. (quar.i
Dti-Art Film Laboratories, comnion____.:
du, Pont Co.-of Canada

119561, Ltd.,

9-25

12-20

"

4.25%

5

Dqconimun Metals & Supply Co. (quar.)
& Bracstreet,
Inc. (quar.)

4.80%

10-15

4.40%

11-15

11-

8

4.75%

10-

3

5.28%

25c

11-

1

10-14
11-20

5%

12-10

10-11

5.10%

•' *13c- -11-15

10-31

...

*30o-.

h

Difro-Test

Z-M-

jCorp.» common_______a
5%
conv. pfd. series 1956
(quar.),
Dynamics Corp. of America—

11-15

40c-C

10-31

pref.

couv.

(s-a)

Glatfelter

31 Vic.,."12-16

11-29

4y2%
4%%'

50c-

—

.

12-31

Kootenay Power, Ltd.—

7>-

preferred (accum.)__
Pennsylvania RR. Co.

East

Eastern

Air Lines

Stock

i

12-13

Gold

(P.

common

dividend

.70c

preferred
<quar.)_,
Eastern States. Corp. (Md.)—

Stop-Nut

Corp.* of

Euiuart

Grand

10-15

Great

Empire

District

Stock

50c

,

10-15

11-1

10-15

Gross

1

10-15

2

Co.,

&

gtd.

7%

11-29

11-15

11-29

11-15
10-18

1 ricx

10-31

10-16

tlOc

.

10-31

9-30

.11- 1

15c

10-15

12-

-

12-

10c

1

12-

$1.12%

11-15

1

1

Stock
Ferro

dividend

8

Hamilton

Cotton,

8

Hamilton

Funds,

11-

1

10-18

Series

1

10-18

Hammond

3-10-58

2-28

$1.25

12-

20c

11-

1

11-27

—

fl

25©

v t* 6c
'.-4c,

5%

11-25

10-25

11-25.

10-25
12-14

4-1-58

20c.-'

(quar.)

11-

3-15

1

10-15

12-15

11-29

11-29

11-18

11-29

11-18

12-

25c

series)

(quar.)

Stock
First

20c:

v

;

common

C t35c

10-29

Ac

Stores
<N.

Hevl-Duty

10-11

Higbie

National

65c

-

Banking

Fleet wood

Florida

7
(N.

Y.)

Georgia—

preferred

Gear

Forbes
and
Ford

&

Wallace,..-class
Co.,

B

(s-a)____

Ltd.

11-15

9

11-15

Horder's,

1

10-

(interim)

12-20

^




"

6%
Horn

10-31

12-16

11-

Hotei

1

Hotel

93%c

11-

1

"10-15

32V2C-

11-

1

10-22

$0.2156,

35c *

" 3%

95c

12- 1

11-15

11-

Klein

Stock

"Series

Fund

10-21

10-31

10-11

11-

1

Department

Cotton

1

Stores

Oil,

35c

Lake

S.)

of

(quar.)——,—

preferred

Woods

(quar.)

*45c

12-24
11-

11-15

9

4

5

B

Sessions,

common

5%

preferred

Lawrence

Maire

Tool

k

Ac

Salt

Bros.,

4%

Co..

Ac

Barbizon,

Syracuse,

New

Liberty Life

Quarterly
Liggett Ac Myers

Glass

9-30
10-10

1

10-

10c

11-

8

10-22

25c

11-27

11-

4

Link-Belt

$1.06'A

12-27

12-

3

Lithium

25c

10-31

10-16

11-

10-18
12-

Original

—

Co.

Corp.

Inc.

(quar.);

common

preferred

guaranteed
guaranteed

(quar.)

-L

(quar.).

$2.40

$2

11-

8

11-

60c

—

Class

11-

1

10-19

10c

11-

1

10-19

1

Lighting Ac Power—
preferred (quar.)

1

11-25

Hudson

12-

2

1Qc25

Hungerford

Hubshman
Class

B

Factors,

(quar.)

Bay

Co.

(J.)

class

(quar.)

(interim.)
Smith

(anntXaii—

$1

11-

1

10-15

12%c

11-

1

10-15

$0,006 »A

A

,

2nd

11-

l'A%
$1

Cos.,
B

Ltd.,

class

A

(quar.)_

11-28

12-31

12-21

12-

2

11-15

11-1

10-10

preference
Finance

Preferred
Lock Joint

1

10-10

11-

11- 1

10-17

11- 1
12- 2
12- 3

10-17
11-

4

11-

8

12-10

11-18

(quar.)

(Rhode

Island)

common

(quar.)
Pipe,

.

2-17
11-18

tlOc

12- 2

2-17
11-

6

$10c

(quar.)

preferred

common

1

10-15

Common

(monthly)

11-12

10-21

Common

(monthly)

12-

10-28

8%

2

12-10

50c
12-10
50c 3-10-58

(quar.)
Lobia v Groceterias Cc., Ltd.," common
1st preferred (quar.)
Local

Houston

$4

Loblaw

9-30

12*14

75c
3%

(quar.)

10-17

10-31
.1-2-58

87%c

(quar.)

Special

10-26

1

$1 3-10-58

Special

10-21

11-15

50c

capital

1-17

1

12-16

RR.—

10-26

1

10-18

35c

——

(quar.)
(quar.)
of America (stock divid.)

11-15

11-

1

$1

(quar.)

12-20

11-15

11-

10-15

$1.10

common

2-1-58

11-

10-15
11-

35c

Printing,
preference

Miami

50c

11- 1
12- 2

(Ft. Wayne)

Extra

$3.50

10-30

90c

<quar.)_

Quarterly
Lincoln

10-25

10-15

$2

(quar.)__:

Lincoln National Life Insurance

45c

11-30

11-15

10-30

15c

62'/2C
$1.50

10-15

12-12

$1.12%

Original capital

(quar.)

10-31

(Greenville, S. C.)—

Tobacco

1

York

10-15

40c

Insurance

8

(quar.)

2

10-30

10-31

25c

Libbey-Owens-Ford

11-

(quar.)

A
of

Co.

1-

11-12

96y.»c
25c

(quar.)

10-28

6

11-27

10c

(serri-anuual)

11-

(quar.)_

II-27

12-10

Station Co.—

preferred

11-

common

12-16

12-10

30c

(quar.)

Ltd.

Lexington Union

50c

1

12-31

J25c

(quar.)

5%

;

10-31

12-16

$1.25

Mfg

Tire

37 %c

(quar.)

12- 2

12-31

Co.—

Extra

4%

12-20

20c

Rubber

Little

1

12-20

1-3-58

15c

(quar.)

(quar)

9-30

(quar.)__

11-

1-3-58

J15c

(quar.)

Investing

preferred

10-18

(quar.

2

59%c 1-15-58

Ltd., class A
iquar.)

1

common

12-27

12-

10c

(quar.)

A

11-30

1

10-18

45c

—

Accaptance,

1

.

10-31

$10c

'

11-

(quar.)

10-25

tl5c
115c

—

(quar.)

&

10-

4

I-15

11-11

25c

Industries

Lewis

2-1-58

25c

(quar.)___;

Leslie

10-15

12-13

$$1.75

______

12-27
10-

4

11-15

15c 1-10-58

1-10-58

12-

11-

12-10

20c

10-25

1

12- 2
1-2-58

Ltd.—

11-15

1

11-19

$1.75

—

Lees (James) Ac Sons Co., 3.85% pfd. (quar.)
Lehigh Portland Cement (quar.)
Lerner Stores, 4V*"o
preferred (quar.)

11-

10-17

12-12

10c

(quar.)

Milling,

Laboratories

5-29

10-.31

4%

(quar.)___
University (quar.)

Extension

6-15-58

$1.50

(quar.)
Telephone Corp.

Laurentide

10-25

2-28

50c

—7_

(quar.)____

preierred

10-15

11-

11-29

40c

common

4.75%

1

1

11- 9

12-15
3-15-58

20c

Extra

11-

8

5c

Apparel

preferred

Class

11-15

10-23

1

5c

dividend

the

Lamson

Lee

11-

25c

(quar,)

common

Lamaque Gold Mines, Ltd
Lambert (Alfred), Inc.—
Partic. class A (quar.)

Le

10-31
11-

$1

Extra

$5

11-15

12-10o

Y.)

(quar.)

preferred

Lakeside

10-10

11-

12-15

5

50c

—_

N.

(quar.)

Co.

Company,

2nd

7%

12-

12-16

4
4

11-

5c
Stores

1st

7%

12-16

5

11-

12-

6c.,

:

(3.

Stock

10-10

11-

11-15

5-2"

—

(S.)

6%

10-11

10-31

10-21

11-20

95c

Common'

1

1

11-15

11-18

6c

Quarterly

Lanston

10-

1

2%
30c

25c

A.)

Hardavt

2

10-22

10-15

income)

11-

Y.)

Co.,

Bearing

(Joseph)

11-

"

10-29

Keystone Steel As Wire Co. (quar.)_!
Kings County Trust Co.
(Brooklyn,

30c

(quar.)

preferred
Ac

12-

'
•

Inc.

(Geo.

Home

7

10-15

60c

(quar.)

25c

11-20

-

.

Ac

10-31

10-29

(year-end)

preierred
Bail

Hormel

a-ill-If

11-

10-31

(quar.)

special
o£
70c
from
net
realized
profits and a regular of 25c from net

10-15

4

5c

>

10-18

22%c

preferred

(monthly

Income

31'Ac

Quarterly
10-15

voting

'

10-25

10-15

1

25 c

1'

7

10-15

11- 1

-

(quar.)

25c

(N.

Electrochemical

S4.25

11-1

10-10

11-15

93%c

Co.—

(quar.)
Co. (stock dividend)

As

(quar.)—

Hood

25c

.

.

)quar.)_

common

1
1

50c

10-

$1.25-1-1-58

^

(quar.).

11-

11-

(quar.

Home

Hoover

10-15

1

11-

(quar.)

A

12-

10-18

9-13

10-28

30c

10-11

Chemical

1

11-22

11-

15c

class

6%! pfd.

Co.

11-

45c

10-11

Insurance

8

56'Ac

——

1

3

11- 1

(quar.)

Light

(a

8

56'Ac

Co.

inc.,

Inc.,

11-

$1.25

Sugar,
common
(quar.)__
5%
preferred
(quar.)
Holt (Henry) Ac Co. (stock dividend)

11.-

,

.

com.

Co.,

Stores,

12-

75c

1

(quar.i.

Ac

non-voting
Motbn

Holly

3c

Machine Corp.,
preferred
(quar.i

5%%

10-15

Ac

11-30

tl2%c

dividend)—
Co

Paper (Canada) Ltd.
(Edward) Lumber (extra)—;

(R.)

12-9
-

•5ck

Fund

ing Tiger Line, Inc., 5% pld. A
Food
Machinery & Chemical—
3%%

Hoe

10-31

40c

(quar.)__

Co. of
1

Fh

Foote

Hincs

11-25

5%

Hinde & Dauch

L

11-25

$1
15c

As

Keystone Custodian Funds—

Salle

12-10

75c

(quar.)—

Light

10-18

Hooker

5%
pfd.
(quar.)
Motpl, class A (quar.i

Growth

Electric

10-18

11-

10-15

11-30

11-

>4

Crosse

53y8C

12-17

2%

City Bank

(stock
Co.

11-29

9

10-15

1

held)

15

11-15

La

45c

(quar.)

11-

_

10-15

11-1

each

12-

La

11-

__.—

pfd.

11-1

50c

7%c
56y4C..

10-31

j.

for

$1.08%

1

10-10

Holly

(quar.)

11- 1

20c

$1.25

Co.

preferred

11-25

2%C

(quar.)

A

Electric

Mfg.

10-31

$1

<quar.i

Railroad &

Corp.

1

1.

Y.i

(Newark, N. J.) (s-a)

Quarterly
Fleming Co.,

preferred

12-20

10c

First

4»4%

11-

11-

20c

62%c

laccum.j

(quar.)

M.)

(Julius)

10-

11-30

commcn_____

(quar.)

Co., $5%
Hershey Chocolate Corp.-—

Hilo

$1.75

A

10-16

10-15

$4.35

12-10

5c

10-31

11-15

10-31

13 %c

1

11-15

L'Aiglon

10c

10-15

1

1

93 %c

Co,,
common
preferred (quar.J".

10-15

1

12-

5

10-31

:

1

13 %c

(quar.)

2

1111-

$1.05

11-

15c

—

Powder

11-29

10-31

(quar.)

11-

12-

$1.06

1

10-

$1.25

—

Products,

preferred

11-15

Extra

First

7%

Hertz

17c.

45c

$1.09

(quar.)

1

10-31

15c

10-22

12-

11-15

'

8

1

12-

5

3%

10-31

11-

$1

3c

Furnityre

Galion

Hercules

*$1.25

—

preferred-

convertible

10-31

40c

(Earle

11-

40c

(quar.)

Corp,

Hemenway
5 % 'r

10-15

—

11-

11-14

$1.12%

10-15

(quar.)

Co., common (quar.)
3%% preferred (quar.)____——

Hercules

1
1

11-15

dividend)___——•_

11-30

$4.50 preferred (quar.)
$4.20 preferred (quar.)

Kroger

1111-

15c

Hecht

11-22

Rubber—

Stock

Heat-Timer

12-10

(monthly)

25©

City Power As Light
$3.80 preferred (quar.)
$4 preferred (quar.)

Kresge

25c

Light

12-13

Kansas

10-15

—T-_

10-10.

1-2-58

$2.50

(quar.)
(quar.)

Manufacturing

1

1

62 %c

Marx

&

Hays Corp., 5%

10-18

2%

com.

Joy

11-

A

(stock

Fund

1

(quar.)

Jorgenson

35c

(quar.)_
Hartz (J. F.) Co. Ltd.-, class A (quar.)„__
Hat Corp. of America (quar.)__
4%% preferred (quar.)

11-

(quar.)

pfc}.

share

Co., 3%%

Kingsburg

income)

1

yll- 4

UOc

Island)

conv.

Power

Corp.
Tea

10-11

75c

(s-a)

Electric

10-13

Y.i—

(N.

Jervis

11-

17 %c

—

2

11-

10-31
12-13

1-15

12-

$1.50

Ltd.lL

Canada,

preferred

3

.V

(quar.)
(quar.)_____

Corp.

1

.

Cc,

4%

$0.31653

Ltd., 5% pfd. (quar.)
Inc. Series H-C7 (from or¬

class

Schaffner

11-

dividend

Bank

12-20

1-2-58

r

tquar.J35c
(quar.)
60c.~

(quar.)

Corp.,

1

50c

(quar.)

Central

2

__!—

B

-37.%C"-.-12-14

;

1__:

Tire

v

30c

,

.

,

.

68%c

(quar.)_.

10-11

25c

(from ordinary

preferred

Haydock

1

-

28%c

Quarterly

Firestone

Class

11-12

$3h. -12-31

common

Jersey

12-

Organ Co. (quar.)__

Oil,

(.10-16

Fidelity-Phoenix Five Insurance

Firemen's Insurance

Hancock

J10-31

-)

10-10

(quar.)

Electric, com.
(quar.)
—1
(quar.)

(One

preferred

Kobacker

:—

—

Hartford

2%%,

A

Extra

Harsco

Co-

5%

12-

income)

H-DA

11-12

"_

series

dinary

10-18

•

3

3c

(quar.)

11-

11-29

1

11-10

Corp.—

common

div.

Keystone

(quar.)

common

U-

12-10

:llr

*40c

As

55c

Inc.,

Stock

9

Ltd.

(initial).

preferred
Co.
(.quar.)

Gas

Bros.,

2nd preferred

11-

Sterling, Inc., 7% pfd. (ouar.)
Fidelity & Deposit (Md.) (quar.)__;

pfd.

Halle

15c

Corp., stock dividend

$2.25

Hagerstown

62%c

_7

Jacobs

Jantzen,

5%

convertible

10-18

Firth

Financial General

10-25
10-

Chemical & Controls

11- 8

87%c

*12c

Common

Hagan

5.35%

40c.

Insurance

Trust

8

10-31

10-18

10-30

10-16

$1.75

Heintz, Inc. (quar.)
(F. L-.) Co., 5% pfd.

t30c

Gypsum Lime Aa Alabastine of Canada,
Quarterly
t

11-30

Bearings
Mortgage Ass'n

&

11-

12-

.

As

investment

(quar.)

10-16

1

(quar.)

Monthly

62%c

.10-31

(quar.)__

Ironrite, Inc.,
Jack

10-25

Gulf

5c.

Gas

preferred

11-8

11-29

Corp.

1

11-

5%

Telegraph

of

preferred

40c
7'/2c

dividend

1

10-

11-

—

(Rhode

Fund

12-13

Oil

1

11- 1

(initial-quar.)

Mutual

Inc.

2-14

Stock

Ocean

Kennametal,

3-10-58

(quar.)_

11-

65c

—

Ltd.

Utilities

$4.22

Ohio

&

11-26

plus

class A (quar.)
Insurance
(Dallas,

Holdings,

Kerr Income

12c

10-15

$1.12'/a

.Iquar.)

common

(quar.)

10-15

$1.25

11-1

Feclenal-Mogui-'Bower

Bank

•

(quar.)

$1.12%

preference

Department

Co.

1

invest¬

net

10-30

22c

income

(quar.)___,_

Ltd.,
Fidelity

Trust

10-16

,'j,

Insurance

preferred

pfd. (quar.)$1.50

Warehouse

Federal Screw Works

(from

4

12- 3

*15c

profits)

security

Corp.,

common

11-1

—

Shares

11-

$5

60c

(quar.i___

(1953

Federation

(quar.)_

4

1-2-58

Fund:

investment

from

preferred

37'/2c

(quar.)____.

1111-

$3

profits)

Kayser

10-15

Hart,

preferred

Federated

10-31

1

11-15

<

(quar.)
conv.

Compress

Narional

11-15

11-

11-28

87V2C

5%%

Federal

Mobile

(quar.)

2
2

Ltd.—

Foundation
from

cents

Investors

10-15

Coi. fquar.t_

Co.

10-31

1

-$3

redeemable

11-15

12-16

$1.25

i

Insurance

Tl2y2c

11-

Jquar.)

Federal

$J .40

11-15

$1.25

12tic

FCfieral Grain,; Ltd., class A,

12-10

4

12V2c

•

Federal

11-15

RR.,
(quar.)

_'.

_____

4.60'lv pfd. (quar.):
Feclders-Quigan Corp.,

11-

12-10

$5 preferred

(Sy racuse,:N. Y.).. (quar.)___
Fate-Root-Heath

11-2#

11-29

11-21

SI. 18%

—

Life

12-16

$2
50c

10-15

1212-

8

30c

(quar.)

Quarterly

Life

11-

12-20

K

Traders

Gulf

12-4.

12-12

(quar.)_

com.

".Extra

Farmers

B

Industry
income)

12-16

11-25

1-2-58

(quar.)

Bros. Xquar.)

Common

10-10

$1

preferred

common

1

40c

Railroad, $5 preferred tquar.)
Erlanger Mills, common' (quar.)__

Farmer

Telecasting,

10-

10-30

tl2VL>c

conv.

1

30c

(quarj

11-1

75c

.__

22c

Shares

cents

Breweries

Jewel

(quar.)

5%

11-

5c

•

.

Erie

"

Co.

Co.,

Gulf

;

prior preferred

1

$1.65

:

Co.-—

(quar.)__.

Fairbanks Company, 6^
faistaif Brewing Carp.

L.)

1

ment

Associates

guaranteed

1

11-

t25c

(quar. )___„

(H.

Growth

convertible preferred
(quar.)
Forge & Steel Corp., common (quar.)
6%
1st preferred (quar.)___;
5% 2nd preferred (quar.)_.i-.__

7%

B

Griesedieck

11-15

RR.,

11-

5

50c

Green

11-14

iquar.7)-_.___7_________.—

Pittsburgh

10-18

5

30c

5

12-

4.50%

&

1

12-

18c

A

10-15

10-13

Ltd.—

12-

11-22

10-18

1

12-13

12-15

11-

1

11-

12-

Greeley Square Building (N. Y.) (liquidating)

(quar.)

J.2- 3

11-

11-

_

1

1

11-

$0,202

(quar.)!

common

$4.36

1-2-58

4

Erie

Erie

3

10-15

4

30c

Co.,7 common

3

12-

11-1

10-

preferred .(quar.)___
Gas

12-

1-1-58

(quar.)__

31'Ac

$1

Iowa-Illinois

1-1-58
1-1-58

10-15

10-

&

Equitable

Class

class

Ltd.,

preferred

New

3

12- 3

1

11- 1

$1.12Vz

Heating Products, Ltd.—
Class A (quar.)
EiT-htable Credit Corp., 60c pfd. (quar.)——
*

12-

11-

11- 1

50c :Z 11-

Corp.^i

Group

12-31
1-1-58

(s-a)

inc. (Mass.)—
(quar.)
(initial)
:

preferred

10-15

45c

America

50c

30c

Ltd.—

Mills,

preferred

International

1

$1.50^

dividend

Employers
Enamel

Co.
(quar.
Dredge & Dock
1 ''

West Coal,

>-* 0

Head

International

11-

$1.75

"quar,)_

preferred
Millv/ork

Great

■

■

25c

Electric

preferred
Empire

Z'

10-15

(quar.)

11-15

25c

Manuiacturing

Inc.

10-15

„

12-10

International

f50c

1.

Extra

4%

7%

11-1

(quar.)

1

(quar.)

& William&port RR.
preferred <s-a)__

.7r/o

(Canada),

12-16

10-15

10-15

11-15

;

(initial)

common

11-

Uiaion

Industries,

(interim.)

(stock dividend)
International Harvester, common

$1.50

Employees

Lakes

10-10

Chemical

Texas)

12-2

45c
56yjc

;

11-

(quar.)
(reduced)

Rubber

(quar.)

2%

7 '

,

8

$1.27y2

(quar.)

Batteries,

11-1

International

3%

—_—

10c

A (accum.)__.

Elgctrographic Corp.
Elgin National Watch
Elmira

Government

1

10-

div.)

5%,
17 %c

preferred B (acciim.1——
Economics Laboratory, pfd.
(s-al
El§:o Products,, common ( quar.)
4^2%. preferred (quar.)
Elastic

Gould-National

11-15

58 %0

Interior

10-10

1

$0.578iyi

Rubber

preference

12-31

11-

1

11-

66c

Corp. (Del.)
Grafton & Co., Ltd., class A (quar.)

w;

Electric Hose &

4%

new

At

12-16

,

—

jS7 jtreferred

,

Tire

1-21-58

(quar.)..—

——

—

11-29

Mfg.,

(quar.)

ties

50c

Telegraph

10-10

preferred

4% %

55c

(quar.)

Stock

1

Interchemical

4

11-

$1.25

preferred

25c
7'

Industries,

Stock

10-

59%c

(stock

preferred

$1.50

(s-a)—'

tquar.)—

dividend,

Eastern

*$1.75Y~ 12-16

10-18

11-

:

Co., common
(quar.)

&

11-

Investors

(quar.)__

H.)

Goodyear

...

_;

10-17

11-15

(quar.).,

Goodman

East

10-31

Extra

10-30

55 Vic

Institutional Shares Growth Fund (6c from
investment income and 16c from securi¬

25c

Gillette Co.

1-6

.

$1

preferred

10-10

(quar.)

10

53'/aC

(quar.)

Waterworks, com.
preferred (quar.)

10-10

preferred

(12

30c

General

12-10

3%

10-10

Institutional

10-24

;

11-

51c

(quar.)

1

10-15

7

62%c

preferred

10-10

1

10- 7

10-17

(quar.)

preferred

35c

(quar.i

I

11-15

55c

(quar.)
preferred (quar.)__.
conv.
preferred (quar.)

DUnlop Rubber, Ltd., ordinary (interim)
Dqimjs, Frores, Ltd., class A (quar.)
preferred

10-

11-

11-1

10-18

1

11-

Institutional

11-1

22y2c

Corp.—
(increased quar.)

conv

Dup

4.80%

10-10

Telephone

10-31

j

1

50c

10-15

1

11-

$1.

preferred (s-ai__
Ingram & Bell. Ltd., 60c preferred (quar.)—

11-21

(quar.)__i

preferred

Common

*10e

11-

1

1

11-

37 %0

common

6%

Telephone Co. of Kentucky—

General

10-18

5c?r*

*•*-.

10-1«

California—

(quar.)

(quar.)
General Telephone Co. of the Northwest—

10-30
10-31

.:S%C'

—

com._'_

1

ilOc

preferred

1-2-58

3c y

10-18

11-

f$1.25

llr-

35c

^piar.)

(quar.)

Extra

87%c

(quar.)

common

10-25

11-1

Ingersoll-Rand,

10-31

(quar.)
of

12-13

5%

(quar.)

Ltd.,
(quar.)

10-15

9

37'/2c

(quar.)

10-15

11-20

37 %c

53V4c

$1.50

1

11-

50c

10-15

1

52 %c

$1.25

12-27

$1.25

1,

1L-

(quar.)

Indian

11-

93%c

div.)_

Wares

preferred

5%

7-

Kestment. income*.

(stock

Telephone Co.

General

50c

(quar.)

DrSyfus Fund, Inc.

(quar.)
,

series A

Steel

preferred

11-15

11-

pfd.

common

preferred

50c

.___

;

(quar.)

Corp.,

pref.

11-15

General Telephone Co. of Indiana—

1

11-1

*50c

10-

$3.75

Utilities

preferred

General

1

Co., .Ltd,_ t quar.*25c
10-31
( 34% a* 12- 1
"2%
11- 8

common

pref,

$3.50

1

Corp.,

(quar.)

(quar.)

Public

4%%

Oil Co., of Calif., 5%% Rfd, "(quar.)
Chemicat Co.
(s.tock dividend—

DoW

Motors

preferred

$2.20

1

D&iglas

'

*

$5

General

..

_

Participating
Dijinnacona. Paper
„

25c

4

10-16

25c

(quar.

11-22

1

12-10

75c

Enterprises..

*20c

11-13

11-

15c

(quar.);

Corp.

11^

(quar.)

Ordinary

50c

Industrial

Oil

$1

preferred
preferred

Imperial

12- 2

$1

34c

10-18

4.70%

10-17

45c

1

(increased)

(quar.)

preferred

11-15

11-

$1.25

common

Co.,

10-18

1

4.42%

10-17

10-31

x

Co.

12-18

1

12-

25C

x

4.26%

25c

General

Ltd.—

preference

10-31

Power

12-30
11-

50c

$1.25

(quar.)

(quar.)

(quar.)_

(quar.)

Co.,

Brick

4.08%

10-18

(quar.)

9-30

*45c

Cloth,

1

:

Crude

?,xira

Qoinmon (quar.i

11-

—

Holdert

Payable of Rec.

25c

preferred

Co.

(quar.)

preferred

4.20%

10-18

(quar.)

(quar.)
Co., common

Baking

1

15c

(quar.)-—

Co.

Dynamics

(s-a)____
Ltd..

Dominion Steel .& Coal Ltd. tquar.j__.__
Dominion Tar & Chemical Co., Ltd.-—'

participating

preferred
Service

11-

62'/2c

common

tieneral

Dominion

Wire

4%

Co.,

Power

Illinois

10-18

A

preferred B

Idaho

10-15

1.

(quar.)

(quar.)

General

Ltd.

Investments,

Ropes «fc

preferred

1

—

:80c

11-

1

1

11-

$1.50

12-20

Fabrics, Ltd., common iquar.):.—
*15c
£id convertible preference tquarj
*37'/iiC
Dominion Glass, Ltd. (extra 1
—-60c

Donald

1

11-15

Dqjpinion

&

•

11-

37y2c

—__

5%

Door

preferred

5%

11-15

'15c

,

(quar.)_

$17%©;* 10-30

Dtafilpion Engineering Works

Oilcloth

A

1-2

\

1

87y2c

(quar,)__.

Gardner-Denver

11-19

12-

*

•«*.

39c

J.

2

Mfg.,
&

Illinois

(quar.

common

11-

Gas

lac

10-18

4%

10-15

8-29

37%©

11-30

10-31

Corp.—

(quar.)
Gamble-Skogmo, Inc., com.

11-15

-

11-

12-15

12-

&

Sash

47o

11-15

15c

preferred

11-30

______

Dtmlflton Bridge,.Ltd, (Increased 1
Equity

$0

10-29

50c

__

Dominion

v

12%%

11763 preferred (,quar.l__
Domer ; Mines,... Ltd.? (quar.

10-21

$1

Share

Hydraulic Press Brick Co. (quar.)
Rygrade Food Products Corp.—

9-30

11-1

Lock

Huttig

15c

(quar.)

of Company

Hussman Refrigerator

10c

pfd.

Securities

preferred

11-25

Doljbiv Houses, Inc. (quar.i
Dtfr,' Pepper Co. iquar„i-_
Do0gq Mfg. Co.. common iquar.);________

10-28

(quar.)

preferred

Co.,

$1.50

5%

(final

.

1st

&

3%

,«

Ltd.

Co.,

"

Gale

•

,

t30c

tl2%c

(quar.)___

(quar.)

Industrial

$3.50

11-15

dividend

1

11-1
11-15

Co.—

preferred

Fulton

13c

.__

Disfrey, (Walt), Productions—

Trailer

11-

12-16
12-16

10-11
10-

i'/o

11-15

(quar.i'37%©~Y 11- 1
Diocesan Investment Trust Shares—:

i

$

1

11-

25c

Realty

Hurd

12-10

12y2C

Friendly Finance, Inc., 6%
Company tquar.y

11-15

•

25c'-

(quar.j.

(L.)

Ltd.

When

Per
Name

.

$$1.25

(quar.)

J.),

51

'

•,

Holaert

'

-

t$1.25

___—____•

Ltd.

(A.

Fruehauf

62y2c
._

__I

•

Payable of Rec.

-

-

Frito

4

(quar.)_

Share

,

Co.____.____

Cos.

11-18

3

_

(quar.)_______

(quar.)

Grant

2

12-

.

.

A

Fraser

12-

.

.

Ltd.—

B

Class

12-13

preierred

;

Class

Foster

12-

r

1

Motor of Canada,

8

12-

DiGiorgio Fruit, class'A (quar.
Qass B (quar.)
:.

19-

$2
l

preferred

10-25

40c

,

(quar.)____,

Stock

10-25

8

10-31
1-2-58

40c

r

(quar.)

stock

Tramway Corp.—

Denver

t

8

11-

,

1

$l
-

Ford

s

When

per

Name of Company

10-28

11-

14c
45c

(quar.

Mfg.,

Vcting

11-15

10c

__

Holdert

Payable of Rec.

30c

Delaware Pwer & Light tquar.K
DeUvyare RR,. (s-au_:—
Delta Air Lines

When

Share

Davstrom, Inc. (quar.)—___;—
Dea^ Phipps Stores, Inc., common

'■

preferred (quar.)

(monthly)

12- 2

11-

tOOc
+51 %c

12-2
12- 2
12- 2
12-2
11-1
12- 2
10-31

11-

6

11-

6

11-

6

11-

6

*37%c
*51%c
25c

11 Vic
$1

$1
SI
SI

6

10-15
11-15

10-18

11-19

12-31

12-20

1-1-38

12-21

52

The Commercial and Financial Chronicle

"(T3-C3)

Name

Share

of Company

ret

Lighting

Long Island

Lorain. Telephone

Wtien

—

Share

■name of Company

hoiaert

11-

1

10-11

New York

35c

i

(quar.)

(quar.)—.

11-

1

10-17

Extra

Cloth

Wire

Prince

10c

10-15
10-15

933Ac

11- 1

10-15

Public

35c

12-13

11-29

(stock dividend)—
of I.C.C.)

5%

12-20

12- 2

11- 8

10-17

'

$1.64

11-

1

10-14

—

$1.11

11-

1

10-14

Norfolk

—

$1.24

11-

1

10-14

$3.50

11-

2

10-24

$1.25

12-13

$1.75

(quar.)——
Light Co.—

preferred

non-cum.

Louisiana Power

&

4.16%

preferred (quar.)
preferred (quar.)
4.96% preferred (quar.)
Louisiana Slate Rice Milling Co.-—
7%
preferred
(semi-annual)-———
4.44%

Louisville & Nashville RP..
Lower

St.

(quar.)
Power Co.—

Lawrence

4'A%
preferred (quar.
Lukens Steel (quar.)

)

—...

10-23

(Subject

R

A

11-

1

Oil

Nortex

10c

31-

1

11-15

10-15

North

Macco Cor)),

MacGregor
Mackinnon

pfd.

Steel,

—

Ltd.,

convertible preference

Special

Investment

Stock

Northern

Illinois Gas Co.

10-31

10-21

Northern

Illinois Corp.,

12-

3

11-19

12-15

11-30

preferred (quar.)
Northern RR. (New Hampshire)

12-15

$1.50

Northwest

11-30

11-15

11-

1

4.60%

1

10-

9

1

10-

9

Ex»ra

10-31

62'Ac

11-

1

11-11

10-23

5c

11-11

10-23

32-

2

11-12

11-30

I.

B

(quer.(.. _!

15c

11-

1

McCord

12-

2

11-

Corp.,

$2,50

a—

Oil

Ltd.,

common

preferred

Class B

(quar.)-

„■

——

Porcupine

Mines,

(quar.i

G.i

As

Co.

McLean Industries Inc.,

McQuay-Norris Mfg.
Mead

Corp.,

Stock

4'A%

(increased

class A

4%,

common

Shoe

Corp.,

Hose

Mexican
$1

&

preferred

(s-ai

preferred
preferred

Michigan

Gas

"$50

12-

2

11-

1

Outlet Company

1-2-58

11-

1

Oxford

Paper Co.,

Pacific

1

12-

1

11-

1

12-

1

11-

1

32-

1

H-

1

12-31

10-13

12-14

11-15

12-20

Minneapolis, St. Paul

11-

1

10-10

Pan

11-

1

10-19

Sault St.

&

10-24

1-1-58

Missouri

Natural Gas

Missouri

Portland

10-30
10-30

40c

11-

10-

11-

1

10-15

11-

1

10-15

31-

1

11-

1

12c

11-

1

10-21

50c

11-15

10-25

(quar.)—

5%

preferred

preferred

(quar.)

Mount

Royal

Rice

Mills,

11-

1

.

_

1

10-

1

10-11

11-

1

10-11

11-

1

National

Electric

National

Hosiery

Class

8tock

11-15

(quar.)_

(quar.)—™

National

$2.40

net

Steel

&

Shipbuilding,

com.

$1.25

12-

2

11-15

10-31

10-15
12-

12-15

11-21

4.30%

12-15

11-21

4.40%

preferred
preferred

11-15

10-31

11-

1

10-15

4%

11-

1

10-15

Meter

Co.,

preferred

Stock

(quar.)

New England

investment
Process

New York
York

Air

Mines,

Brake

4%%
$4.50

preferred

preferred

••

11-

1

10-15

£5c

10-31

10-14

$8c

1-2-58

12-

0

1-2-58

ia-

e

-*

10-

7

11-

1

5%




a

.

11-15

10-25

11-15

10-15

11-

10-

1

Rudy

2

12-15

11-20

57'Ac

12-

1

11-20

58'Ac

12-

1

11-20

7%

10-15

Pioneer

11-

1

11-15

10-31

10%

11-15

11-25

11-11

10-31

11-10

10-31

11-

10-22

1

10-31

1-17-58

10-17

12- 2

11-15

2

11-15

5'A%

1

10-

8

11-

1

10-

8

5'A %

11-

12-23

12-

9

Pope

Scale

Talbot,

Corp.*, Ltd.

10-25

11-

1

10-15

1-10-58

12-31

Postal

11-

1

10-21

11-29

11-15

10-18

1-1-58

12-

6

l-L-58

12-

6

1-1-58

»

12-

6

Insurance

Edison, 3.60%>
preferred

Potomac Electric

Prentice-Hall,
President

Electric,

Y.)

pfd.

'

12'Ac 1-15-58

12-10

42'Ac

12-

2

2'A%

11-

1

10-18

11-

1,

10-18

;

Manufacturing, 3.65%

5%

11-

,

1

3-3-53
12-

pfd.

1-

1

Co., Ltd.

class

11-

1

10-10

$1.75

1-2-58

12-10

1-2-58

12-10

Sierra

Corp.

3

11-20

11-15

10-29

11-

1

10-18

25c

Power

preferred A

Signature Loan,
7%

preferred

11-15

10-31

Class

B

Simms

(T.

Skelly

Oil

Slater

S.)

&

Co.

((N.)

Smiih-Corona,

Inc.

1

Smith

Corp.

11-

1

10-

1

New

11-

1

10-14

11-,1
12-

10-14
11-5

1

$1.25

12-

1

11-18

10-31

10-21

.

$75c
C

2

11-

\

1

10-11
.1

-

-

^

.

t

"

10-15
10-

9

10-25

12-

91'Ac

11-15

11-14

1

12-16

12-

4c

10-31

10-15

11-20

II-

12-

11-15

2

1

1

7c

9-30

11-25

net

in¬
10-30

9-30

tl7c

11-25

10-15

l33VaC

11-15

10-19

O.I

(A.

Co.,

10-

1

10-10

11-

1

61c

12-

3

10-18

class A

Ltd., $1 pfd.

11-15

10-31

10-21

10-31

10-21

$15c

(quar.)

2

7'Ac
20c

—

1-2-58
1-2-58

11-29
11-29

(quar.)—

J25c

11-

1

10-15

i

45c

12-

5

10-30

1

10-11

(quar.)

125c

11-

25c

(stock

dividend)

payment

after

12-31

12-16

2%.

(quar.i

11-

1

10-

11-

1

10-1

,11-20

10-28

(auar.)_

30c

'•

Paper Mills, Ltd.—

comn.on

t50C'-

(quar.)

$1.25

preferied

$1.55

preferxe^. (quar.)—

:

5..

'

n

10-31

9-30

12-13

11-15

31V4c/

12-31

12«i3

38%C-.

12-31;r

12-3

7c

(quar.)—.—±
T^nr

1

two-

(quar.)

Corp.,

1

11-

40c

Co.

(Howard)

preferred

11-

30c

common—.

(quar.)

split)

Smith-Douglas

11-14

—

15c

tl5c

A

(initial

common

for-one

Smith

(quar.)

Canada, Ltd.—

& Co., common

10-31

.

(from

(quar.)

11-

$2

:

10-15

1

10-30

11-25

(quar.)

Co..

11-15

01 c

-

1

11-

12-16

(quar.)—

11-15

(quar.),_

< •-.

11-

12-16

(quar.)___

90c

'

85c

1Q-29

quar.)—

of

class

5%

.

10-17

+45c

Co.

7V2C

div.)_

«

10-31

10c

America

of

12'Ac

______

..C„,

7-17

15c

25c

W—

—

Silverwood Dairies, Ltd.,
12-

40c

A.

,

4-17

8-1-58

—22c

(quar.)

Pacific

$2.44

2%

-

I-17

5-1-58

20c

i

nary share or £1 unit of stock for the
fiscal year of 1957 equal to 14c in U. S.
funds per £1 share
:

Sherwin-Williams

$1.75

'

10-17

1

2-1-58

27'Ac
27'Ac

& Trading Co., Ltd.—
dividend
1
shilling per ordi¬

Sheraton

1

(Boston)

(initial

A

interim

1

62'Ac

(V

11-

1

investment

—

Trust

1

(s-a)

x

10-18

3%

(from

(quar.)

A

income)

11-

.'

(quar.)
D

10-15

11-8

Transport

Sonotone

-r

•

1

25c
—

——

Shares

class

10-

$3c

.

11-

11-

Haven

Water & Power Co.—
common
(initial quar.)

New

2

11-

(quar.)—

(quar.)

vestment

An

11-15

$1.17Va-

pfd.

12- Z

11-15

1

Shawinigan

Shell

1-15-58

B

Shareholders

2-20

Ry.—

pi'cl,

12-16
-

35c

,—

Cox p.,

11-15

Ltd

.1

American

income)
Serrick

11-11

2

(quar.)—

Corp.

11-

(quar.)

$2.44

10-18

20%

Seaboard Oil Co.

17'Ac

(s-a)

■

-

Scovill

Common

(stock

—

$4

New

(quar.)

Power,

Inc.,

Price Bros. &
"

(N.

—

$3.40

Class

62'Ac

6%
preferred
(quar.)
Portland Transit Co.
(quai\)_,

10-18

10-18

(year-end)

Fund

2-20

$2.59

(quar.)

1

1

-

3-4-58

(quar.)

11-25

11-15

Nuclear

&

(quar.)

preferred (quar.)
preferred
(quar.i
& Williams (stock dividend)
Scotten, Dillon Co. (quar.)—

& Ashtabula Ry. Co.

common

10-31

$1

(quar.)

10-21

$1.75

Pneumatic

10-28
11-

27'Ac

11-20

(quar.)

(accum.)

2

11-11
11-15

27'Ac

<

(quar.)

4

7% pieferred (quar.)
Plymouth Rubber (stock dividend)

11-

A

preferred A
preferred A

13%c

12-

10- 4

1

preferred

12-

15c

12-16

11-13
12-13

25c

$20c

preferred A (quar.)^

10-11

$1

1

11-27

1-2-58

25c

10-28

Co.—

1

8

10-30

$1.25
$15c

10-31

$1.75

11-

1

1-31
11-

50c

Scott

(quar.)

11-

11-

Scott Paper Co.—

Co.—

:

1

25c

(quar.)

10-21

$1.25

Chicago

5%

(quar.)

l

97'Ac

11-

50c

Co.

A
(quar.j

Co.,

5'A %

& Ashtabula Ry. Co.

&

10-21

20%

Schwitzer Corp.—

12-

11-

50c

(quar.)

—

10-21

11-

Ry.

class

Ltd.,
Schenley Industries

Siegler

33-15

4.70'>

&

20c

(quar.)—

Wayne

10-10

11-1

$2.25

(s-a)_

(quar.)—

Transit

Antonio

50c

25c

Francisco

San

preferred

Scarfe

(quar.)

preferred

10-31

,

11-22

;™

Selected

Pittsburgh, Youngstown

Potomac

$5
San

$1

3

Life

Louis

11-15

$1.50

1-

&

4%
St.

10-15

$1.50

(quar.)
preferred
(quar.i

10-22

1

15c

Foods, Inc., common
convertible preferred (quar.)

10-15

Common

.-..-I

11-15

11-

11-12

(quar.)

12-23

12-18

2-10-58

pfd.

10-18

•

15c

Fine

W

1

(quar.)

conv.

1

1-1-58

t

dividend)

10-10

Pittsburgh, Ft.
7%

&

2

(quar.)
preferred
(quar.)

$2.50

(stock

Ryder System. Inc.
S

11-

20c

prior preferred

v

———

*'A%

Milling Co.,

11-1

Co.,

10-18

30c

Aeronautical

12-

(quar.)

Petroleum

1

30c

(quar.)
Seaporcel Metals
Security Insurance Co. of New
(Conn.)
(stock dividend)

Finance

-

——_10c

1

com.

12-20

-1111-

22'Ac

(quar.)

com.

,

11-

Inc.,

11-15

11-15'

1-2-58

$2

(quar.)

$1.17

Mills

2

—90c

dividend

Stock

Russell-Miller

$1.06

preferred

Pioneer

Co.

(Mlcll.)

10-10

preferred

12-

35c

Inc.,

10-10

preferred

$4

Plllsbury

$1.23%:

L

10-10

preferred

12-16

Mfg.

$1.06'A

(quai\>

pfd.

11-15

2

11-20

12-15

11-15

2

—

Roxbury Carpet
Quarterly

834C

2

12-

1,

25c Stores,

10-21

Ryan

12•12-

(s-a)—_

(quar.)

1

Pittsburgh, Youngstown

11-15

$1.12 l /2

i

10-25

?45c

Long Distance Telephone
Co.—
Quarteriy
Philhps Petroleum (quar.)_.
Phillips-Van Heusen, com, (stock dividend)

12-10

9334C

-

11-15

$1
$1.02'A
S1.1834:

-A—

(quar.)

10-25

•

5

11-13

$1.19

(quar.)
Inc.—

Morris,

1-6-58

$1.12 «/2
t

11-15

5

12-

12-31

$1.17

1

preferred

50c

7%c

(quar.)

series)

.

11-1

12-

12-14

150c

'.i

(quar.)

10 <&

B

12- 5

12-14

37 Ac

—:___

1

SI

Co

•

25c

5,

10-29

12-14

2%

class A

Aircraft

Class

12-14

50c

(quar.)___—

quar.)

11-

$5c

(quar.
r

Rose's

10-15

7 "2d

—

RR.

11-

19c

(quar.)
(1949

Rohr

12-16
11-15

Philippine

40c

com.

10-21

2

1

Co.—

11-

10-28

net

IZIIIII"

Gas,

1

12-

Valley

95c

10-22

50%

iquar.i

Merchandise

preferred

11-

1-3-58

10c

Corp..

11-

$1.50-

dividend

Rogers

10-15

—

$1.10

10-17

tl£<5

!_!!!!_!!

-

New York State Electric
&

33A%

I

1"

Co

10-21

10-15

1

to
—

•

Spring & Axle—

Stock

9

1

11-

Co.—

$1.07"a

11-22

15c

Ltd

1

10-

11-

25C

preferred A (quar.)
preferred B (quar.)

4%%
Rockwell

10-18
10-18

1

40c

Ltd.—______

Power

(increased

1

1

11-

31%C

—

(quar.).—

common

11-

11-

30c

:

—

(quar.)

3.1-15

7c

(quarterly fx-om
incon:e.i
;

11-

1

25c

11-35

Fund

1

11-

—

RR.

20c

93%c

(quar.)

10-31

10c

(quar.)
...

12-

5c

(quar.)

6%

12'Ac

(quar.)

dividend

Dickerson

2'A%

Pittsburgh Brewing Co.—

(quar.)

Co.

1

4.65%

10-15

11-

12Ac

& Norristown

preferred
(quar.)
Philadelphia & Trenton RR

60c

com.

1
1

3.90%

Philip

j

(quar.j—

Genessee

&

Common

10-25

1

1112-

preferred

invest¬

(quar.)__

llr

7

15c

(year-end)

12-20

12c)

Co..

Rockland Light &

10-

(quar.)

Quarterly
Quarterly
Philadelphia Electric Co., 3.80%

Cement

Corp.

5'A%

(quar.)
Ltd.

Rochester

11-18

10-31

10c

—_

12-26

to r.pprox.
'increased quar.)

$2

Phila., Germantown

10c

;

Inc.
Canada,

12-16

12-1

$25c

—

—

12-31

Dec.

13'Ac

Petrolite

11-15

10c

Theatres,

Nestle-Le Mur

.

from

1-2-58

50c

10-30

1

10-29

3s4d

10d)

pfd. series I, H and J

11-15

10-

12-16

amt.

of

(quar.)_——

F

11-

11-1

1

Rhodesian

of
net

pfd series I (quar.)——
4.95% pfd. series K (quar.)__

Science

11-15

Permanente

series

pfd.

11-

$$1.18

11-15

4%%

4%

12-13

11-15

—

Electric

2'Ac

—

10-15

net

income)

Products

Neptune

I

4.10%

10-30

10-15

1-1-58

10c

of

—

5c

(initial quar.)

1.

10c

(quarterly

preferred (quar.)

National

.

New common

6%.

(quarterly from

income)

series

ment

series

10-18

5Va%

2

$1.50

(quar.)'

10-25

1

11-15

Pepper)

2

2

11-15

I

Ordinary

members

members

Inc.,

&

11-

5

end-

Gas

10-21

12-

Ltd.
of

Nyasaland taxes, subject
stockholders Dec. 12)_,

(James)

10-18

10-31

10-11

iouar.jr—
(initial)
!

preferred

11-

'

10-18

45c

11-15

Mills

Myers,

Year

20c

A

11-

25c

(increased )„!!_

Equipment

stock

investment
Stock

New

1

Ai

of

4%

■

(see Dr.

Rhodt-jia

approval
Robbins

7'Ac

Maehixxe Aa Gear—

10%

Pool

—L„

Fibre—

12-

Securities Series:

Preferred

Rochester

2%

(Dr.)

25c

(quar.)_:

Castings

10-18

,

JS1.50

Pepper

58c

dividend)!.—LV

pfd. E
Steel

31-15

50c

(quar.i

12-

2'Ac

dividend

National

New

11-

$5c

National

New

10-25

56 ViC

Welding Machine (quar.)"
Ltd., class B.

&

Robertson

Extra

30c

Mills,

Malleable

10-15

Voting
common
(quar.)
Non-voting common
(quar.)
Peoples National Bank
(Brooklyn)

$3.50

A

National

10-31

1

25c

Corp.

(quar.)
National Lead Co., 6%

Neon

7

26'Ac

Microwave Corp.
(initial)
Narragansett Electric Co., 4%% pfd. (quar.)
4.64% preferred (quar.)_
f

6%

10-15

10-28
11-

$25c

Narda

Aeronautical

$1.50

dividend

4.68%

National

10-15

31'Ac

15c

(quar.)
Mount Vernon Mills, 7%
preferred (s-a)
Munsingwear, Inc., common (quar.)
5'A% preferred (quar.)

Can Corp.
(stock
Natioxial Casket Co. (quar.)
National Chemical & Mfg.

10-31

4.60%

Chemical

10-18

11-15

128c

(quar.)___

Rice

50c

7'Ac

Ltd.

National

25c

10-15

75c

]

—.

10-25

33c

common

10-22

1

—

11-15

(quar.)

$1.25

(quar.)

10-23

10-25

32'Ac

Perkins

____

common

Co.,

1

11-15

12-5

equal

common

Cement

10-25

(quar.)

11-

11-15

115c

—

participating class A (quar.)
Participating
Roan Antelope Copper Mines, Ltd. (final )-^~
(One shilling
after deduction
of
37'A%

10-25

Penobscot

35c

common..

11-15

11-15

.inly

$1.25

10-25

(quar.)

10-22

90c

37'Ac

approval

preferred

Brand

31-15

10-25

1

$1.50

(quar.)

Products,

Fruit

Stock

3%%
River

Jl-15

10-15

50c

participating preference (quar.)

30c

(Keene, N. H.) (quar.)

common

1957

11-15

11-15

10-15

$1.05

(quar.)

28v»c

-

11-

Moody's Investors Service—•

5%

10-25

11-

$1.12'A
(quar.)

preferred (quur.)
preferred
(quar.i

Mfm'c-flandley Hardware Co.,

11-15

•

Sl'Ac

$1.10

$4.20

(Bait.)

10-25

27'AC

preferred (quar.)___.
4.68%
preferred (quar.)_
Pennsylvania Engineering (stock dividend)Pennsyivaxiia Power Co., 4.24% pfd. (quar.)
4.25%
preferred (quar.)—

2%

Insurance

.31-15

$1.20

__

common

10-15

(quar.)

Ltd.,

preferred

Penn

dividend

Power Co.,

Co.

preferred

10-15

$1.25

(quar.)

10-15

——

1

53%c

deduction
of

1

(year-end)

11-

90c

(final)

1

(quar.)

$6

tax

shares

11-

_

preferred

Penman's,
1

less

13,

11-

(quar.)

(C.

Insurance

197

Nyasaland

American

$1.25

(quar.i

$1.30

4

$1.09

—

Dec.

1

—__29 ll/16c

(increased quar.)—
Co., 40c preferred (quar.)

$1.32

1

$1.14

Monongahela Power Co., $4.80 pfd. B (quar.)
preferred
preferred

&

10-22
10-22

(increased)

Trust,

amount

——

Peninsular Telephone Co.—•
$1
preferred
(quar.)

10-17

(quar.)

12-

10-15

1

1

pfd. A (quar.)—
coin,

approval

to

13,

dividend)

preferred

Peabody Coal, common
5%
preferred (quar.)

10-17

25c

(quar. (_______—

Cement

10-15

12-15

(quar.)

(increased),

Selection

11-15

(quar.i—

common

Corp.

C.)

B

Subject

1

dividend

Peerless

50c

—_

(final)

—5c

J.) Co., commoxx
preferred (quar.)

5%

10-18

35c

(quar.)
preferred (quar.)

<8.

Stock

Marie RR.

Common

Common

Rhodesian

11-15

—

Patterson

10-30

10-31

_

—

2-14

10-2
1

1

1111-

15c

(quar.i

Reynolds Metals Co., 4%%
Reynolds. (R. J.i Tobacco,

11-

2

11-

50c

_—______

12-

Drilling of Canada. Ltd. (s-ai
Parkersburg-Aetna
Corp.
(year-end)

12-14

11-15

10-31

$1.25

Chains. (Canada), Ltd., cl. A (quar.)
Republic Industrial Corp. (initial)
Reynolds Aluminum Co. of Canada, Ltd.—- :
4%%' preferred (quar,)_—————

$1.25

Parker

37'Ac

—

12-

Ltd.

(Canada)

to

—

(stock

Co.,

Sheraton

10-16

$1.06'A

10-16

11-15

1%

Engineering Co.

(quar.)—

(quar.i

Airways

com.

convertible

12-14

1

$2

(quar.)

11-15

&

(Subject

(quar.)

Extra

10-31

11-

Mississippi Valley Public Service Co.—

Moore

Mfg.,

Chemical

5%

11-15

Minnesota & Ontario Paper Co.
Mississippi Power & Light Co.
4.36%
preferred
(quar.)—..
4.56% preferred (quar.)—

$3

American

12-27

.

Monumental Life

—

Pantex

12-14

(semi-annual)

$6

Products

Lighting Corix.

Parker

12-27

E"xtra

Montana

Hawaiian

Pacific

12-27

;

11-15

12-1
3-1-50
10-31

Electric

10-22

—

Extra

10-11

10-16

75c

pfd. (quar.)—

12-10

—

Pacific

1

75c

4,/4%

10-15

(quar.);
'—.•«•
SllAc
preferred (quar.343/8c
preferred (quar.)J
37'Ac
5% redeemable 1st pfd. (quar.)
31%c

10-30

50c

—

1

Reliance

i

1st

11-

:....

Midwest Piping Co.,
Miller As Rlioades, Inc.,

10-31

11-

5%. redeemable series A pfd.
ft%

75c

,

11-15

5'A%

$1.22 Va

10-28

b?

'

11-

——

11-15

(quar.)

_

10-31
10-31

—'

(quaf.)_

11.-15

Park

_

10-10

5c

Riverside

1

Parke Davis & Co.

1-

10-25

11-14

35c

_

Renold

11-15

?25c

(quar.i

preferred

10-16

...

11-15

$1.12'A
t$3

—

—

1

1

10-25

11-15

50c

Chemicals, Inc.——.

dividend

Rich's Inc.,

1

6

11-15

35c

25c

Rsitmans

$1.06l/4
Sl.OO'A

pfd, (quar.i_
1st prefexred (quar.jv-

redeemable

preferred

1st

11-

(quar.i

10-10

50c

—

11-

12-

10-21

50c

(quar.)—_

pfd.

12-

12c

—

10-30

(quar.)

preferred

12-

Electric—

common

(quar.)

1st

4.50%
5%;

11-30

1

20c

$1.25

4.36% .redeemable

11-15

preferred
preferred (quar.)

4.50%

Pacific

11-15

Products,

10-21

—

(quar.).
Gas & Electric Co.—.

11-30

—;

10-31

593sc
61 'Ac

——_

prefexred

11-30

dividend

4.40%

4.75%

56'Ac

Michigan Seamless Tube—,,.-,.

Stock

1

9-30

11-

11-15

37'L-c

—:—

—

(quar.)

$5

$1.12 '/a

:

2

—

(quar.)

(quar.) J:

5%

10-

11-22

50c

12-

10-18

1

(quar.)

(quar.i

10-8
Stock

9

12-13

50c

—

Extra

^

10-25

45c

(quar,).

Ltd.

Finhnce Corp., 5%

11-

9-20
12-

1-2-53

50c

—

Stores, Inc. (quar.)
Reece Corp. (Mass.), 5%
pfd. (quar.)——
Reed (C. A.) Co., par tic. class A (quai\)__„

&

Co.

(quar.)

preferred

Co.

Products Co.

Crankshaft

par"

4.90%

8%

Steel

11-

10-22

10-28

25c

Owl

11-29

$1.14

(quar.)

(s-a)

Ohio

10-31

10-21
10-15

1

Quartei-ly
Red

10-17

12'Ac

(quar.

$2

Ontario

(quar.)
preferred

Quebec Ry.

"3100 par"

&

Steel

preferred
Corp., 4'/a%

series)

10-17

Park

preferred

Year-end

(1951

$4.25.%.

$50c

4.40%

Mitlland

preferred

10-31

C5c

*.

'

,

.

4%%

4'A%

$25c

.

Rayanier, Inc.

12-13

(quar.)

common

35c
>

J25c

35c

com.

30c

_

Meyercorcl Co. (quar,)
', Michaels, Scern & Co.—
4'A%

Electric,

$1

common.-..

25c

(quar.)——50c
Olin Mathieson Chemical, common (quar.)—
50c

12-16

12-3(«

&

45c
.

Tubing——

Light & Power Co.,

.10-18

(quar.)— —

$1.18%

—

—....

Stores' Co., Inc. (quar.)—
Merritt Chapman & Scott (quar.)
:

10-18

11-1

(quar.)

4.80%

(quar.)„

11- 1

(quar.)
Raymond Concrete Pile

25c

pfd.

10-31

$30c

(quar.)

20c

Co.

&

$1.06(4

(s-a)_^

Mercantile
Metal

Okouite

Oliver

40c
•

_

(quar.)

Co.

——.——

Ontario

2J>.%

_

a.

common

A

B

Randall

—

4.56%

Co.,

11-15

10c

(quar.).....

(quar.)

preferred

preferred

Edison

10-31

62'Ac

common

dividend............

10-18

preferred A (quar.)
4.92%
preferred B (quar.i—

8

30c

Melchers Distilleries, Ltd.—
6% participating preferred

4%%

(ouar.)„

Co.

$50c

—

(quar,)

preferred

Melville

Mfg.

11-29

$$1
(Arthur

10-31

(Toronto)—

43a%

10-15

1

11-

11-

87'Ac

10-16

25c

Ltd.

$1.50

(s-a)——

Utilities, Ltd.

1 'Ac

Extra
McKee

1

10-24
10-21

11-25

18"

(quar.)

10-24

11-30

62 Ac

„

(quar.)

A

(quar.)..._

Mclntyrc

11-

10%

(increased)

Co.

10-31

Ltd.

Industries.

50c

(qtiar.t_■

McGregor-Doniger, class

Purina

preference

$40c

(quar.)—

com.

Ralston

Reichhold

10-10

3%.

McColl-Frontenac

10-15

10-15

10-10

Natural Gas Co.,

$25e

(quar.)

preferred

1

—__——

10-15

11-15

11-20

\

25c

10-10

4%

10-15

34c

(quar.)

common

1

Oklahoma

—

Corp.

Stock

1st

America,

11-1

1

dividend——.——

McCall

$3.50

of

11-

Gas

1

Corp.

1

—-

Oklahoma

I

Radio

11-

—

1

11-

.10-18

(quar.)

25c

(quar.)—

10-

11-

10-18

11-15

115c

25c

B

10-31

75c

-

Class

11-15

Real Estate Investment Trust Co. of America

Ohio Leather Co.

$15c

Maytag Co.. S3 preference (quar.i——
McCabe Grain Ltd., class A iquar.i

9-23

11-

(quar.)

A

10-10

12-31

10-

11-15

83c

.——_—

class

1

Northwest

12-12

10-18

25c

$1.12'A

135c

(quar.)
Milk Products, Ltd.,

Quinte

20c

—

2-1-58

10-31

11-15

11-15

'

_—

11-

—:

—

Ohio

32-23

2

2

Reading Co., common (quar.)

10-31

20c

1212-

(quar.)_____—

10-10

4

4%

—

,

$1.06'A

——_—.

1

20c

(quar.)

11-15

—_

(quar.)

(stock dividend)
Quarterly Distribution Shares.i

37'ic

(quar.)

commoxx

S3

—

A

12-

2

^—.—

(quar.)

11-

Oak

4%

32-

12-31

1

11-14

25c

$25c

10-11

Hampshire—

Quaker Oats,

A-

—

preferred (quar.)—283Ac
Engineering Co., class A (quar.t_
25c

Class

10-11

9c

—

1

$1.05

-

—

New

(quar.)——
———11-1
Noyes (Charles F.) Co., 6% pfd. (quar.)
22'Ac
11- 1
Nunn-Bush Shoe (quar.)——
25c
10-30

10-17

1»-

$1.12'A

(quar.)
of

(quar.)

(quar.)—_

common

Northwest

11-

Airlines,

—

(quar.j.—.—;■

conv.

11-

10-25

45c

(quar.)—

Co.

11-25

11-15

-

Quebec Power Co.

preference (quar.)
Central Ry.
(semi-annual)

Exti'a

Shares..—A

class

11-

10-15

$$1.25

Co.

Co.,

22c

1

Gas

Warren Corp.—

$1

Hegeler Zinc Co.———-.

&

11-15

Jl-

Shore

convertible

Northwestern

dividend

Factor

11-8

Northam

$5c

(quar.)———,

——_—

Massawippi Valley RR. fs-a

Max

2

12- 2
1-15-58

North

$1.06%

—

(quar
Maple Leaf Milling Co., Ltd. (s-a)„„.,.:_
Marconi International Marine
Communications Co.,
Ltd.,
(interim)..
Matthiessen &

12-

75c
$2

10-31

Managed Funds, Inc.—

Manhattan Shirt

11-28

(quar.)

coin,

2

10-21

12-12

10-31

$$1.25

pfd. A (quar.)

preferred B (quar.)———
Mailman Corp., Ltd., 5% preference (quar.)
Mallory (P. R.) & Co.—

-x

11-1

15c
22%c

10-25

$50c

common

4%

Shares

30c

(quar.)

11-15

$31 %C

—

5%
1st
preferred
(quar.)——
Mucleod-Cockshutt Gold Mines, Ltd.—

5%

—

Corp.-:.-——
v(Illinois)
(increased)—___

Coal

25c

(quar.)

(quar.)

Macy (R. if.) & Co., 4)4%

Metal

preferred

of Rdb.

25c
50c

(quar.i_——_——_w

preferred
preferred

4.50%

Colorado,

Fuget Sound Power & Light

,.

11-15

S3

Common

«

10c

\

.

.

Service

Hol&ert

12-

(quar.)
(quar.)———'

of

preferred
preferred

4'A%

.

25c

Co.

When

Payable

Co.

preferred

3.35%

Corp.—

convertible

American

Sexvice

Public

Co.

Gamble

&

4'A%

———.—

15c

5%

(quar.)__■_
Sports , Products
Structural

& Gas

Procter

;

80c

—

(quar.)

Ltd.,

Holdings,

approval

to

Gardner

4.20%

Ry.

preferred (quar.)

adj.

4%

Northern
M

Southern

&

$1.20

$22'Ac

-,i

Systems

1

Norfolk A; Western Ry—

__——

Special

Lynch Carrier

.

11-

Per

Share

Name of Company

11- 1
11- 1

-——-—-—-—

-

Monday, October 28, 1957

.

.

Holdere

Payhoie of Rec.

25c

(quar.)

Newberry (J.J.) Co., com. 33i% pfd. (quar.)
Niagara Share Corp. (Mo.) (21c from accu¬
mulated undisturbed capital gains and 14c
from curxexxt net Investment income)-—-

Lord Baltimore Hotel—

1%

When

Per

Payable of Rea.

30c

.

Volume

tr.-,.

•

.

Number 5685

186

.

.

The Commercial and Financial Chronicle

.

(1889)

When

Per

Name of Company

South

Coast

Corp.

(quar.)

B

-4.48%

preferred
preferred
Canada

Southern

Colorado

11-29

10-15

12-28

12-13

10-31

10-

5

10-31

10-

5

Union

5

United

10-15

28c

(quar.)

Ltd.,

(quar.)

com.

10-31

10-

tG2%C

11-15

59c

11-

1

Oil

Calif,

of

Co.

11-

1

12-31

12-14

11-

1
1

10-11

25c

12-

10-11

$1

11-

1

10-11

publicly

United

Drill

Tool,

&

Preferred

new

United

Co., 4.40% pfd. (quar.)
Southwestern Investors, Inc. (quarterly from
.investment income)
Southwestern Public Service Co.—

$1.10

11-

10-21

United

net

from

8c

New

from

(6c

and

10-31

Shoe

Co.,

__

common

Electric

.

4.60%

4.36%

4.40%

'Common
*

3.70%

10-18
10-18

U.

(quar.)

$1.03%

11-

10-18

$1.06%

11-

10-18

par)
(quar.)

(quar.)

(quar.)
($25 par)

$1.60

Stauffer

Inc.

5%

Steel

&

(A)

1-20

Universal

1-20

Universal

2-1-53

1-20

Universal

2-1-58

1-20

27 Vic

2-1-58

Upper Peninsular
b%%
preferred

12-

1
1

11-11

11-

1

10-15

11-

1

10-15

12-10
12-31

12-13

11-

*56 %C

class

11-

1

12-24
12-

2

A

1

10-15

40c

12-

2

11-15

25c

11-

1

11-

1

10-10

11-

1

2

11-

2

11-

Stern

&

(J.

12-31

12-14

11-15
11-

1

10-

7

10c

11-15

10-

8

11-15

10-

8

$$1.31

11-15

10-25

25c

12-10

11-26

25c

10-29

57c

1-2-58

Stouffer

(quar.)—

10-31

10-21

-

Corp.

pfd.

(quar.)

(quar.)

Stubnitz

&.

Greene,
Gas

Propane

Service

11-

8

1

11-

8

11-

8

$1

12-

5

11-

1

35c

3

(1955

series)

(quar.)

Swift

Co.

&

1

10-15

12-20

3oc

(quar.)

(quar.)—__

10-15

10-31

10-15

11-

4

1-1-58

11-29

11-15

30c
$1.08

„

4.16% preferred B (quar.)
Taylor Fibre Co.. 4% conv. pfd. (s-a»
Taylor, Pearson & Carson (Canada), Ltd.—•
5%

convertible

Common

preferred

Talon

11-

1

4%

class

11-

11-

1

12-28

12-13

4.10%

$12%c

10-31

12-16

11-15

25c

(quar.)

11-15

30c

A

11-15

10-22

4.25%
4.50%

11-15

10-22

11-15

10-22

12-

$5c

2

10-31

(quar.)

;

12-16

1-1-68

$1.06%

1-1-58

$1.12%

______

35c

$1.02%

(quar.)

1-1-58

12-13

11-22

12-13
-

12-13

(quar.)_

4.60%

2nd preferred
2nd preferred

(quar.)

$1.15

1-1-58

12-13

4.64%

2nd

preferred

(quar.)

$1.16

1-1-58

12-13

4.65%

2nd

preferred

(quar.)

$1.16%

1-1-58

2nd

preferred

(quar.)

$1.22%

1-1-58

12-13

(quar.)
preferred (quar.)

$1.25

1-1-58

12-13

$1.27 %

1-1-58

5%

2nd

-5.10%

i

_•

,.

;

preferred

2nd

5.12%

2nd preferred
5.25% 2nd preferred
Texas Industries, Inc.,

'!•

-

12-13

5c

11-15

10-31

10-31

10-18

11-

10-10

(quar.)

$1

Thatcher
$2.40

Inc.,

Glass

common

1

Co.

Warner Bros.

10-18
10-18

Warner

&

Swasey

Washington

11-15

10-31

10-29

10-15

15c

11-15

11-

12-

1
1

12-

2

17%c

10-28

10-

9

(quar.)

Gas

$4.50

preferred

B

Weeden

&

Co.,

Insurance

Western

Class

5%

preferred

5.20%
Western

Pacific

5%

RR.

R. S.

Pressprich

White

Eagle

White

Dickson & Co.,

;

White

10-16

10-16

11-

1

10-16

11-

1

10:16

5c

11-

1

11-25

11-15

$2.62

10-31

10-15

$2.50

11-

10-10

Stone

ties Corp.

12-14

11-27

Dean

10- 8

A.

G.

Becker & Co.

10-

8

A.

C.

Allyn <fo Co., Inc.

12-10

11-25

American

11-11

Estabrook

12-13

Hallgarten & Co.__
Hemphill, Noyes & Co.__—
Hornblower

1

10-15

$2

11-

1

10-15

W.

50c
31%c

11-

1

10-16

Lee

ll-

l

10-16

F.

32%c

(quar.)

11-

1

10-16

11-15

$1.25

1-2-58

$1.43%
$1

12-10
10-11

on

12-16

11-15

11-

1

10-18

Pullman

50c

11-

1

10-18

(quar.)

Champ

25c

11-

1

15c
8c

11-25
10-31

Monthly

8c

Monthly

8c

50c
$1.50

12- 1
10-31

25c

,

Industries

50c
25c

(quar.)_

(quar.)

(quar.)

Fund

Inc.—
(monthly)

Wisconsin

Inc.

—

(year-end)—

(G.

H.)

(F.

class

W.)

pfd.

pfd.

(quar.)

chemicals.—V.

11-

1

10-15
1-15
11-15

12-

10-16

11-15

10-31

11- 1
11-

10-15
10-15

1

1

10-31

10-10

12-

$2.25
$$1.37%

11-15

1

10-31

10-15

62%c

12- 2

11-

8

$1.11

11- 1

10-15

25c

(monthly)

(quar.)

Cab Co., 6%
conv.
convertible preferred

pfd.

6%

6%

convertible

6%

(stock

Raceway

County

11- 1

10-18

The
color

Oct.

Consolidated

Yukon

&

Industries

Consolidated

Ltd.,

4%%

preferred

'Transfer

tPayable

in U. S

(Payable
resident

In

to

Less

British

Less

Jamaica

j Previous

;

Co.

income

10%

1

11-21

11-

11-

1

10-15

12-16

11-15

9c 1-15-58

12-31

60c

$1.25

(quar.)—

t6c

10-31

9-30

130c

11- 1

10- 4

published

and/or

for

this

11- 1

10- 4

record

funds,

Canadian non-residents tax.

tax
tax

dividend.

deductible

at

sourca.

Mas-

date

level of activities in
Pullman-Standard

present

-The

volume

business

of

by

Carry

saw

"rewarding

a

steady

the

subsidiaries,

growth

of

transportation,

the

future" for
three basic
and

petroleum

512.

America

Demonstrates

—

Practical

practical

a

as

demonstrated

publicly

method

by

this

of

telecasting

corporation

on

consisted
shows

RCA's

in

the

RCA

engineering

by an

of

a

program

about

Camden,

J.,

Exhibition

of

prototype

of

weeks

two

N.

video

Hall
a

in

tape

recordings

transmitted by
engineering studio

ago

broadcast

New

color video

It

York.

recorder

was

which

RCA

plans to start making commercially by the end of ngxt year.
Meanwhile, construction of several additional prototypes is under way.
The practical application of magnetic tape to color telecasting will

permit
time

broadcasters

store recorded coior programs for use any
Smith pointed out.
recorded on the video tape along with the
reproducing, sound.
As ;n all compatible color telecasting,

they desire,
colar

to

Mr.

signals

are

the

for

pictures
186,

appear

in

black-and-white

on

monochrome

receivers.

1741.

p.

Rayonier, Inc.—Two Projects Soon Completed—
In

his

third

Clyde B. Morgan, Presi¬
major expansion and
British Columbia mill is
nearing completion; and that the company's new mill at Jesup, Ga.,
will be in commercial production by mid-November of this year.
"Completion of these two projects will add underlying strength to
our
market position by bringing in sizable capacity at high efficiency
for producing our top grades of chemical cellulose for which demand
holds strong," Mr. Morgan said.
Net sales of Rayonier and its domestic and foreign subsidiaries for
the nine months ended Sept. 30 were $89,331,284.
This compared with
on

Oct.

modernization

quarter report

18

announced

program

of

to stockholders,

that

Its

$106,001,350

in the like period
factors

arh-erse

the

Port

company's

Alice,

of 1956.

'n addition

to lower sales contributed

to earn¬

equivalent to 90c per share common. This compared
with $11,049,247 or $2.10 per share for the corresponding 195o period.
i^anuiactuiing,
raw material and the transportation costs continue
ings of $4,938,620,

tax

date

builders.

Several

the

7%

tax

income

year

4-10
7-10

(quar.)

resident

best

the

on

Security Analysts Society
in the corporation's

Boston

the

world's largest builder of railroad rolling
deliver a substantial portion of the cars now

color

from

audience

an

produced

~V.

quar.)

funds, less 15%

15%

1,000

A.

circuit

signals

*56%c

closed

Canadian

tax

a

date

not

forecast

of

was

network

NBC

37%c 4-30-58
37%c 7-31-58

(quar.)

books

Friedman—

the

its

p.

demonstration

The
of

closed

10-10
1-10

(quar.)

common

H.

Smith, Executive Vice-President, RCA Industrial Elec¬
tronic Products, said the recorded programs can be re-brcadcast the
instant they are taped, without any processing required.

10-17

Ltd

Gold,

the
be

magnetic 'tape

programs

10-31

dividend)

Tube

182,

of

'Theodore

dent,
Sheet

1.000

Company—__i—

21.

10-31
1-31-58

37%c

(quar.)

by

Corp.

use

25c

tquar.)

(quar.)

Cncreased

Gas

&

Co

&

Method of Tape Recording for Color TV Programs—

37l/2C

(quar.)

Yonkers

told

commercial

served

Radio

The

preferred
convertible preferred

1,000

Looking ahead for a decade,
Incorporated linked to

12-13

17c

Co.

2,000

Cook

Inc., second largest builder of highway truck-trailers, is
running at an annual rate approaching $100,000,000.
The M. W.
Kellogg Company, specialists in design, engineering: and construction of
petroleum refineries and chemical plants and facilities, is
working
on
a
record backlog.

10-15
11-15

$1.25

(quar.)__

(quar.)

Machine

2,000

—

Ferris

should

1957

from

order

on

12-31

34c

(quar.)

Jr. & Co.

L—

Lawrence

Incorporated's three operating subsidiaries.

11-30

County Electric Co.—

preferred

Wrigley (Win.)

-Inc.

sen.

2,000

Christen-

Smith, Ramsay & Co., Inc.

Maxfield

based his

Carry

industries

10-31-

A

Co.

&

2,000

6,000

Pullman

,5c

inc.)

pfd. (accum.)

5%%

Co.,

Stores,

Woolworth

4.44%

&

that

21

«0-11

$1.26

Public Service, 5%
preferred (quar.)

Writer

Inc

6,000

President

Carry,

Oct.

11-15

90c

from

(quar.)

Wisconsin

5.04%

1-30

$1.50 1-31-58

(quarterly

Power & Light Co.

Co.,

Trailmobile

___.

Wisconsin

Peters,

&

6,000
—

Manufactuing Co.,
stock, is continuing to

10-11

(quar.)

Co

&

Car

10-11

Mr;

Electric Power, com.
preferred (quar.)
preferred (quar.)
3.60% preferred (quar.)

2,000

Kinsley & Adams

history.

75c

Wisconsin

&

Pullman Inc.—Champ Carry Sees Record Year—

1

(quar.)

Stores

3,400

West

3,400

,

Hanrahan

6,000

Moseley & Co
—V. 186, p. 1741.

1

1

Winn-Dixie

Whiteside,

6,000

Weeks

Hutton

5%

—

Industries,

3,400

Co., Inc

Inc.—

Winslow Inc.

6,000

HIgginson Corp._

11-

11-

Common

E.

11-

10-30

Windsor

& Co.

6,000

S.

Corp.—

dividend)

Co., Inc., common

Inc.!

Co.__

&

&

3,400

11-1

75c

(quar.)

Hincks Bros.

6,000

11-

3,400

Pleming-

Hibbs & Co., Inc

Chace,

12-13

&

Co.,.Iiic._,

Nolan,

B.

6,000

Corp._

1

Burr,

4,800

Loewi

1-2-58

&

4,800
;

Sehirmer, Atherton <fe Co.__

1-2-58

Coffin

4,800

Co

9,000

$1.50

12-

&

Dudley

W.

9,000

Co.__—!

&

6,000

Inc

Securities

S.

Polger,

9,000

Witter & Co

6,000
6.000

Co.—

Milwaukee Co.__

9,000

—

Co.—

&

10-31

10-15

&

E.

Securi¬

/

Weld

Haupt

The

6,000

:

—

&

McDonald

9,000

G.00Q

Dabney & Tyson
& R. L.

Anthony

Day

9,000

-

Webster

<fc

Tucker,

Pierce, Fen-

Beane

10-31

11-4

Wilson

9,000

-

30c

"11-20
2-20-58

Co.

Lynch,

White,

25c

Oil

Quarterly

10-15

1

10-16

10-21

x

Tropical Gas Co., $4.24 convertible pfd. (s-a)

10-18

25c

preferred

Williams-McWilliams

Se¬
,

$12 %c

(accum.)

12-16

1

$1.49

Tudor
Digitized for City 9th Unit, preferred (accum.)
FRASER


11-

1

10-25

Wilcox

Union

Co.—

Brothers

&

ner

11-

11- 1

Zeller's,
1

50c

1

-

11-15

30c

&

Goldman, Sachs <fe Co

*10-31

30c

4

$1.22%

(quar.)__

1

$1.25

Yuba

Co

Merrill

10-31

•

(stock

preferred

Yellow

11-

Townsend,

Dillon,

curities

&

—

10-25

17%c

(quar.)

Yates-American

12-30

Eastman

Jackson

Webber,

Curtis

12-

10-25

10-11

11-

Paine,

11-11

11-15

11-

25c

Shares

Kidder, Peabody & Co., Inc. 26,745
Blyth & Co., Inc
26,745

Ira

11-15

$5

>•

9,000

8c

of

Shares

9,000

15c

11-

10%

-

,

100,000

to purchase
shares of the

agreed

number

Lehman

(s-a)

com.

Stationery

convertible

11-20

63%c

above:

100.000

Co

&

severally

respective

10-25

34%c

5%%

11-15

(quar.)

offered

Steele

11-11

Wilbur-Suchard. Chocolate Co.—

11-20

10-

stock

following

have

Wertheim

(quar.)

(quar.)

Oil

Youngstown

10-31

the

company

Fausefc,

below

Harriman Ripley & Co., Inc.

25c

preferred (quar.)
Stores,
Inc., common

10-15

35c

the

named

Bodine

&

11-12

prior

1

preferred (quar.)
4.90
preferred
(quar.)
$5.96 preferred (quar.)

10-25

600,000

underwriters

10-31

11-20

The

200,000

—

Townsend,

&

Crouter

&

200,000

Co., Inc.—.

Co,

DeHuven

800,000
Marks

10-15

conv.

$2

11-

$2.55

7-17

11-15

Wallace, Geruldsen &

1

Seeing Machine—*
pfd. (quar.)

$3

10c

(quar.)

8-1-58

1,200,000

Co.

&

Co.

10-17

500,000

Kormendi &

inc.
M.

500,000

Co

Co

&

1,500,000

$1.50

& Lake Erie Ry., com,

prior lien

4%

York

Insurance

W.

Blair &

McDonnell

Securities & Co.—..

800,000

Co

&

William

Union

11-

(quar.)___;

&

preferred

Wheeling

11-15

Universal

11- 1

1

1

Hirsch

$1,500,000
Dillon,

11-25

—.

(quar.)

Tablet

Western

11-15

Transcontinental Gas Pipe Line, com.
Stock
dividend

Trinity

11-19

Securities—

preferred

11-15

1

Securities

Eastman
R.

•

40c
50c
$1.06%

(quar.)

(accum.)__
Light & Telephone,

severally

have

the following respective principal

10-11

A

Western

to certain

subject

bonds;

J

10-21

guaranteed (s-a)
West Kentucky Coal
(quar.I

2

20c

series

75c

com.

is

below

named

10-31

special

2

22y2C

the

of

Equitable

12-14

(quar.)

common

Jersey & Seashore RR.,

6%

2

Gas

12-14

12-31

;

Ltd., class A (quar.)

West

12-

(quar.)

purchasers

agreed to purchase from the company
amounts

$17%c

Co.

Coast Telephone

12-

&

'

West

12-

(New York)

unlimited but

$1.12%

(quar.)

(quar.)

$1.14

(quar.)

is

11- 6

Western

$1.06%

Oil

12- 5
12-31

25c

Westchester

$1.00%

Tower Acceptance Corp., class A

Trico

11-30

Point

West

(quar.)

Corp.

12-16

6

40c

(quar.)

(quar.)

Transamerica

11-

15c

Washington Mutual Investors Fund, Inc

(quar.)

Co.

12-10

quar.)

(quar.)

preferred
preferred

Trade Bank & Trust Co.

1

$12 %c

(quar.)..

common

3,154,000 shs.

5,000,000 shs.

issuable

Corp.

(quar.)

Co.

Light,

preferred

preferred

r

75,000 shs.

bonds

30c

$4.25

Worcester

60c

of

102,000 shs.

^

value)

par

30c

Woodward

10--31

($5

2

11-

(quar.)

Wood

12-

Trane

12-

11-13

(quar.)
Pictures

10-15

10-31

300,000 shs(:<

.

10-31

12-16

4.56%

12-10

50c

___

Witherbee-Sherman Corp., 6%

30c

4.25%

$1.25

15c

10-10

10c

4t4%

10-11

25c

10-10

20c

common

10-14

common

Walworth

Outstanding
$65,362,000

UNDERWRITERS—'The

(quar.)

10-10

Co.—

(extra)
Co.,

1

Corp.

1

15c

stock

amount

preferred

(quar.)

FINANCING

Authorized

•

-

PRESENT

series

from

Co.

••

TO

value)___

par

series

1-17

11-

30c

Edison

11-

10-31

quar.)

10-10

I

Toledo

dividend

4-16

&

EFFECT
•

dividend

5-1-58

Walker

1954." The company has

an

.

GIVING

4.50%

2-1-58

Vulcan

in

value

par

18.

3.35%
Common

10-24

Railway—
(initial

the present $5

on

mortgage bonds-.
stock, cumul." ($100

Laurence

preferred

year

common

restrictions.
11-15

3c

1

91 %c

(quar.).
(quar.)

(quar.)__.

;

10-21

3c

6%

split two-for-one and par value

was

share in May,

the

on

-

Pfd.

Cuba—

(initial

com.

new

1

2%

Inc.

(quar.)_

Co.,

class A

1

(quar.)

B

50c

11-

Thriftimart, Inc., class A

Packing

Ltd.,

dividends

•

10-21

1

•*

10-21

1

12%c

of

Co.

11-

(quar.)_

Class

Sugar

11-

'

Thompson (John R.) Co.

Tobin

1

11-

income

;

62 %c

(quar.)

preferred

Mfg.

pref.

conv.

Therm-O-Disc,

1111-

20c

Co

21

$1.14

_

(stock dividend)

Bros.,

12

10-15

40c
$1.31%

6%

*1

redeemable

0

12-27

10-31

12c

6%

$1 19

3.65%

Works

stock

the

outstanding shares.
stock

per

'■First

15c

12-13

(quar.)_^

$4 pfd.

preferred
(quar.)
preferred (quar.)
$2.50 convertible preferred

Thalhimer

10-11

15c

12-13

$4.84

Toy Co.

1

Oct.

(quar.)

1-1-58

$4 76

Texas

earned

of

common

CAPITALIZATION

(quar.)

1-1-58

$1.25

common

$5

•«

11-

record

preferred

$1.28

(quar.)—

preferred (quar.)
Power & Light Co.,
$4.56
preferred
(quar.)

10-18

per

preferred

$1.31%

(cuar.)

'

Texas

1

Industries

12-13

4.90%

*

10-15

11-

cents

6%

.

25c

20c

(s-a)

preferred
preferred

from

number

same

quarterly

6%

Pipeline Co.—

B

preferred

1

$2.43

Chemical

New

1

11-15

$2

Teck-Hughes Gold Mines, Ltd. (s-a).
Tennessee Gas Transmission, com. (quar.)__
•

11-15

$1.04

(quar.)

Inc.,

Class

10-15

11-

(J. B.), 5% preferred (quar.)
Co. of America (quar.)

Mfg.,

Virginian

*

Texas Illinois Natural Gas

11-1

Extra

10-21

50c

;

Tampa Electric, common (quar.)
4.32'J- preferred A (quar.)

10-

10-31

45c

(increased)

10-31

15C

30c

(quar.)

common

(quar.)_

Corp.

11-

65c

Super Mold of California, (increased):-

Sunerior Steel

Iron

Dorn

Class

1

Separator,

(10c

Westminster Paper

12-

preferred

11-29

capital gains)
Sea Food (quar.)

10-22

12-

f>%

Fund

and

amount equivalent to
shares from June, 1947
through Aug. 15, 1955, and at $1 per share per year from Nov. 15, 1955
through Aug. 16, 1957. The stock currently offered will not participato
in the 25-cent quarterly dividend
payable Nov. 15 to stockholders of
90

10-25

from

10-21

2-14

28%c

Superior

9

11-15

i

the

on

changed from $10 to $5

paid

$1.37%

10-31

11-15

41 % C

Biscuits

12-

2

50c

_!

10-31

(quar.)

11-

V5%.%

Sunshine

2c

Viclad

Gas

preferred

11-29

87%c

(quar.)_

(quar.)

Mfg. (quar.)Fire
Insurance
(quar.)__
Precipitation (increased)
Westinghouse Air Brake Co. <qu:u\)_:

2-28-58

Corp.—
...
5.20% conv. pfd. (1952 & 1954 ser.) (quar.)
Sunray Mid-Continent Oil, common (quar.)
4%% preferred A (quar.)
2nd

12-

9

40c

12 %c

(quar.)

common

Suburban

12-16
12-

40c

bonds

of

DIVIDENDS—The
was

15c

10-16

(quar.)

common

11-30

4%

Suburban

share

$1.50

1

10c

25C

.

Clothier,

6

30c

27c

(quar.)

dividend

Stock

Ctrawbridgo

Line

Viceroy

12-11

37 %c

5%% pfd. A
(quar.)

Co.

6

12-

30c

(quar.)

Vertientes-Camaguey

10-21

a-_

&

11-

10-31

*40c

(quar.»

Textiles, 4¥2%

P.)

11-27
1-1-58

G2%c

(quar.)-,
Power, common

preferred

Vanadium

8

30c

-

Sterling Investment Fund
Stevens

Van

8

12-

$1 25

(quar.)

Stores

Bros.

11-13

(quar.)

the

of

borrowings and lor construction

EARNINGS—Company had, for the 12 months ended July 31, 1957,
operating revenue of $30,287,428, and net income of $4,825,091.
Earnings per share of common stock were $1.43 on the 2,891,110 shares
then outstanding.
For the calendar year 1956, total operating revenuo
was $29,107,449;
net income amounted to $4,650,405, equal to $1.37 per

11-29

85c

sale

total

10-17

►

the

from

short-term bank

and

6%

12-

2%

(quar.)

Steinberg's Ltd.

Corp.
Products Co.

Van Sciver

10-10

45c

(quar.)

(Canada)

Leaf

Van Camp

10-15

f 15c

(quar.)

1

1

Year-end

10c

Sterchi

Value

Vick
—

12-

12-18

_

preferred (quar.)
Tobacco, common (quar.)

Marion

Co

cities

"The

$

(quar.)

3

11-11

12-

tric

3

10-

11-

(quar.)_____

convertible

5%%

11-11

32c

Extra

1

1-20

1

20c

(quar.)

Steel Farts Corp.

Stern

12-

10-

1

50c

22%c

proceeds

repay

population.

1

25c

(quar.)_

(quar.)

to

12-20

1111-

-

used

company and Its subsidiaries, New Hampshire Elec¬
Kittery Electric Light Co., furnish electric services in
Manchester, Nashua, Portsmouth, Berlin, Dover, Keene,
Laconia, Franklin, Rochester and Somersworth, and in 172 other mu¬
nicipalities. This area represents about 79% of New Hampshire's total

$1.12%

._

Y.)

(N.

be

additional corporate facilities.
BUSINESS—The

8

Corp.—

(quar.)__;

2-1-58

Lithograph—

Ltd.

Co.

preferred

2-1-58

*10c

Co.

of

United Whelan Corp.—

$1.10

30c

—-

preterred

Stein

preferred

dividend

Stecher-Traung

will

10-31

com¬

10-10

10-31

1-10-58

a.

1-20

30c

14c

(quar.)

2-1-58

$1.03 3 4

5%

(quar.)—

(quar.)

Chemical

10-8

37%c

Foundry Co.

S3.50

5c

Sons

Ltd.,

5%

1-20
1-20

Packaging Corp.—

B

Stock

11-15

56 %C

pref. (quar.)—
Railway Equipment Mfg.

Brock,

Class

12-

2-1-58
2-1-58

—;

(quar.).

conv.

Stanley

10-

1'

$2.50

United Stores Corp., $6 conv
pfd. (quar.)
United
Transit, common (quar.)—

and

Spencer Shoe Corp. (stock dividend)
Spokane International RR. (quar.)
Standard Fuel Co., Ltd.—

'

1

62%c

(quar.)

Extra

10-18

10-18

33c

$1.32 preferred
(quar.)
Special Investments & Securities, Inc.—

Standard

1111-

5%

Sugar Corp.

2 714 c

___

redeemable

25c

"

PROCEEDS—Net

10-31

10-18
,

on

(s-a)-—

••'-$1.15

0.—

_ii_%

(quar.)

&

11-30

the

(quar.)

(quar.)

$1.0614

i_

-

Standard

11-

11-

37c

4.40%
preferred ($25 par) (quar.)
Southwestern States Telephone, coin, (quar.)
$1.28 preferred (quar.)_
;

4%%

U.

9 7 tic

(quar.)

Kellogg

U. S. Pipe &

10-18

92 tic

(quar.)

Spencer,

10-18

S.

profits

common

common

preferred

11-

27V'4C

(quar.)

(quar.)

*

dividend

4%%

11-

27 %C

(quar.)

quar.)
(quar.)

preferred

Stock

Co.,

$1.10

.

(increased

Common

preferred

$1.15

($100

preferred

11-30

in¬

shares)

Canal

&

Chemical

&

Lines

S.

Fund

RR.

Fire Insurance

S.

U.

11-

preferred
preferred

Borax

S.

4%%
11-

4.60%

4'/2%

U.

(quar.)

preferred

4.36%

10-31

11-15

97 Vic

4.40%

!•

10c

Jersey

investment

security

Continental

Machinery,
preferred (quar.)

6%

92 %c

preferred.-(quar.)
4.15% /preferred (quar.)
4%%

United

(quar.)

3.90%

r

1

come

(quar.)

preferred

(initial)-

com.

(quar.)

Funds

11-20

5

11-15

10c

"

United

11-29

t ,'4.40%

37c

:

Oct. 24 a new issue of 262,890 shares of
($5 par value) at $15 per share.

on

stock

mon

15c

(quar.)

2

preferred
preferred
preferred
preferred
preferred

(quar.)

5c

B

11-15

preferred

'

10-10

12-16

j4.15%

(Continued from page 14)

4

1

50c

-'*14.25%

•.

10-

9

series)

Corporation and

Investment News

1

11-

10-11

11-

General

10-18

11-

11-

Class

10c

Corp.,

preferred
preferred

10-1

11-15

$40c

preference (1956 series) (quar.)
i
United
Coips., Ltd., class A (quar.)—___

25c

(quar.)

3.90%

11-15

87%c

$1

(1955

$1.25

t

92 %c

;

(quar.)

Corp.—

(quar.)

0 3.70%

10-1P

60c

10-11

$1.25

common

Southwestern

11-15

Special

Southern

Drug

$1

(quar.)

Aircraft

preference

4%

10-11

59C

(quar.)

preferred

10-18

4%

Southern Nevada Power Co.

5%

of Rec.

11-15

u

10-18

Co.—

5%
preferred (quar.)-.
Southern Materials (quar.)

Southwestern

Holders

$1.12%

$4.50%

60c

11-29

When

Payable

Co.

preferred (quar.)
$4 preferred (quar.)
_J
$3.70 preferred
(quar.)
a
$3.50 preferred (quar.)
Union Gas Co. of Canada, Ltd.

$1

(quar.>

(quar.)

Power

Power

10-15

——

common

4.72%
1st preferred
(quar.)
4.72% 2nd preferred
(quar.)
Southern Indiana Gas & Elec.—

Utah

10-31

of Company

Electric

2 8 VaC

(quar.)

—

Power

Per

Union

J50c

(quar.)—

Southern

11-15

Share

:

Name

11-29

75c

—

:

Southam Co., Ltd. (quar.)
Southern California Edison,
4.55%

Holder*

Payable of Ree

50c
12 %c

(qvar.)__—-

South Texas Development, class A
Class

Share

/

South Bend Lathe Works

-

53

....

,

was
incorrect.
The
is indicated here.

corrected

payment

upward,

which

the

company

could not

offset,

Mr. Morgan explained.

The Commercial and Financial Chronicle

(1890)

54

»

premium of Canadian dollars substantially decreased
Alaska Pine & Cellulose Limited's business, Rayonier's
And there was about $600,000 in non-recurring
for current major construction projects to be considered, he added.
from

profits

subsidiary.

Canadian
costs
■—V.

186,

733.

p.

Ray-O-Vac Co.—Proposed Mergerabove.—V. 186,

Electric Storage Battery Co.

see

948.

p.

Sales

1957

Sept. 30—

Fed.

for

Prov.

Federal

before

Income

taxes

taxes____—____
income.--————,—

income

on

"Adjusted

$2,423,823
285,636

stock

dividend

in

*$0.86

the rate of

The

This

corporation
for

$50,269,000

$656,000 of profits from sale
income

Net

47.6ft

months

Higher

for

income

1957.

Net

sales of
includes

and

$2,712,000

of

of

income

from

sale

period

of
of

increased
Sales in-

investments
last year.

half

reached

the

For

quarter ended Sept, 30, 1957, the company earned $830,000
from sale of investments.
For the same quarter

last

of

186,

year.—V.

Stock Offered—The

—

for

Total

(Fla.)

shares

of

stock

common

debenture

(no

of

shares

10

and

into

convertible

10ft

based

record

a

trucking

4ft-6ft

high

income

net

truck

and

are

common

stock

for

used

be

common

at

equipment, working

last

for

the

first

six-month

period

for

•As

sales

Net

any

:

Provision

for

taxes

1957

income

Federal

before

taxes

up

of

Net

profit

♦Earnings
Net

and

Co.

Pacific

the

LOAN—In

letter part

the

1

principal

also

company's
1,

credit

$3,500,000

R.

banks

any

&

time

one

Co.-is

commitment

numbers

of

shares

of

Staats

&

'•

•

San Diego
The

A

is

new
type of structural plastic panel has been developed that
expected to last over three times as long as standard corrugated
panels in corrosive atmosphere, it was announced on Oct. 14.
The
new
"Metal
Grey" Resolite panels, introduced
by
the
this

will

■"•.

"

'

'

*

'

'•

'.'ft'

'

•/■

William

corporation,

special
highly

are

a

is

in

grey

color

to

V.

186,

32,000

First

12 Months Ended

A:

Webber,

Hayden,
Walston

Show Gain—
1956

:

$4,095,601

$3,700,824

2,883,964

.—

2,596,117

depreciation—_____

Alex.

installations

the panels are now underway,

of

begin quantity production

and Resolite

the

of

product.

Net
.

operating

Non-operating

revenues

$1,211,637

5,832

—_—

A.

Reynolds Metals Co.—Sales & Earnings Higher—»
This

company
net profit

Net

Hooker
F.

E.

deductions—

$1,215,411

compares with $8,666,246,
or 75
cents a share for the pre¬
quarter and with $6,441,278, or 54 cents a share, for the
third
quarter of 1956. on the same per share basis.
Last
year's
earnings wore affected by a 25-day strike in August.
Sales in the third quarter of 1957 amounted to $114,922,484, com¬

with

pared

740.230

$91,566,492
the

in

amounted

to

net

$27,435,865.

of

common

the

Net
1957

of

cents

sales

Name

deductions—

etc.,

income

for

1957,

taxes

amounting

last

Reynolds

year

$2.75

or

reported

share

a

included

the

on

consolidated

a

number

same

non-recurring

a

profit

of

of

$1,-

share.

a

with

to

$331,844,098

$304,127,973

for

the

first

nine

same

the

in

1956

period,

months

of

Subsidiary Changed—

stockholders

of

Southern

States

Iron

Roofing

with

preferred

on

shares

—V.

p.

186,

$863,803

$797,074

54,762

59,687

stock——_____

announced

company

Richard
Board

S.

Reynolds,

Chairman

would

company
bauxite

of

be

President

new

the

and

successful

in

Reynolds

said

finding

he

materials

raw
an

Metals

the

The

subsidiary

company

(Australian)

Reynolds

Metals

states

the

20

of

amounted
class

Colombia,

Cuba

Jamaica,

would

authorized

capital

It

L.

preparations
northern

of

$11,250,000.

The

PD3nfp<!

mines

the

in

United

Australia

to

search

for

bauxite

and

other

States,

materials.

raw

the

first

stockholders

authorized

exploration

Oct.

on

stock

common

21

from

7,500,000

to

to

increase

15,000,000

shares

determined
Arthur
has

made

pro

rata

the

nor

Davis,

price

who

at

advances

share

of

owns

which

they

will

be

the

shares.

issued

51.23ft

aggregating

the

new

Rollins Leasing

stock

to

of

be

the

company's

to

be

Three

cents

the

on

number

average

of

by

of

184,

at

.

Power

90 Broad

corporation

flew

freight

35ft

of

John

expand

truck,

Rollins,
A

ca.

the

and

President,

long-term

aircraft
on

Oct.

leasing

his

2227.

leasing
22.

firm,

and

8,000

Rodman

8,000

Wagenseller

St.,

Co.—Bids
York,

New

N.

7,957,433

record

a

Nov.

Y., will

ton

corporation

SEC

($100

covering

per

sl^are)

establish 'the

to

filed

30

letter

of

notification

90 shares of common stock to be
without underwriting. The proceeds
value

claims

of

and

if

see

offered
are

further

to

daily

were

an¬

__,^'4|oo6

Corp.
&

Renshaw_

1

v

-,>m

sale

to

Metropolitan

Insurance

Life

~

be

to

are

used

185, p.

Precast

finance

to

1892.

Industries,

/ '

'

i

Inc.,

the

1957

of

of

period

a

were

net

sales

with

compared
before

p.

Federal

of

year

this

net

$36,840,890

of

sales

of

with
shares

or

income

of

Oct.

has

22

of

300,000
to

vacated

of

shares

suspension

comply

of

Aug.'<>,

its

stock

common

order

based

was

at

cents

sales for the

with

earnings after
per share of

$1,603,419
of

were

in

the

steel
par

due

entirely

to

to

establish

that

inadvertence.

determined

lift

to

the

failure

the

view

In

>■

same

sliare.

per

to

tV

of

suspension.'—V.

ef

filet the
foregoing,

186,

on

734.

p.

Committee .has-set 'as

Oct,?31

or

y »

y

stich later date

as

/

/

may

the

company has licensed >the Swedlow -Plastics Co. to
Its resistance-welded
stainless steel honeyebthb

States

and

terms

Canada,

of

honeycomb

makes

used

the

it

announced

was

on

Oct.

which

Swedlow,

agreement.

ft -ft

-

manufacture'
core

in' the

3..

>

>

is

the

for

sandwich

B-58

structures

supersonic

such

bomber,

the

those

as

the

announcement

company
said.

<<

,

The new agreement is Swedlow's second major step in the honeycomb
field
this
In
year.
February,
the-company, acquired
all facilities,

i

is

first

1155.

nine

the

same

in

or

common

$2.42

stock

per

$3,470,888
$3,212,819

taxes

$2.52

the
share

outstanding

•

•

Southern

•

.

-

-

.

for

nine

company's
both
on

for

i

for

the

ft

.

on

31 were $6,027,568, comperiod a year -ago, Leon H.

the

first

ago.

six

months

compared

same

of

quarter last year.:
current fiscal .year

the

with $11,825,192

for

net

sales

the. corresponding

Of

6.37ft

for

6.25ft

fn

future

years,

,

share,

compared

with

period last year.—V. 186,

$894,096
p.

1546.

or

54

cents

a,

share

or

for

rsSfces for electric

in

the year

a

34
the-

increase

rate

due

to

1957.

This

is

exT>~cred

be

to

continuing inflationary

reduced

trends

in

to

costs

-

_

applies to

all

or

of

part

10 Southern and

Central

California/counties. Edison serves all of Los Angeles County with, the
exception of the cities of Los Angeles, Glendale, Pasadena and Burbank.
—V.

186,

p.

1095.

'

-

'

'

ft

Southern Colorado Power Co. —Files Debenture Fi¬
nancing Proposal With SEC—Places Bond Privately—

were

period

Net earnings for the first half amounted-to $565,220

increase

an

by this company which will add an estimated $36,000,000 annu¬
the utility's gross revenue.

return

1957.

second quarter ended Aug.

authorized

Increase Rates—

The increase will amount tc about 59 cents per month on the biJl of
.'the average domestic customer, according to KarGld Quinton, President.
It was estimated that the increase would have
produced a rate of

months

30,

Commission has

P.U.

ally to

common

computed

Sept.

The
service

the

California Edi?on, Co.—To

of doing business.

with $5,862,823 for the comparable

a

$1

currently m'anufacturing aluminum core in its Los Angeles, Calif.,'plant; will have
exclusive
rights
to
Solar's
unique
honeycomb
core
processes *' and
machinery. Solar retains rights to make core for its own needs, and is
extending its activities in the development and manufacture of stainless

324.

25 cents a share for the

year

tem¬

1957,

the- failure

ur.on

sell

Under

Black, Executive Vice-President, announced on Oct. 3.
Although sales were up in the second quarter, net earnings for the
same period were $344,285 or 21 cents a share, compared with
$418,199
For

Pa.-*

Norristown,

order

its

company's-registration statement for its offering to
common
shareholders of $6/050,900 convertible subordinated debentures,
due 1978.
See V. 186, p. 1779.
"
'

The

or

4

with

information

by

executive

United
,

(W. A.) Sheaffer Pen Co.—Quarter Sales Are Uppared

pur¬

Regulation-A exemption from registration-ynder
1933 with respect to a public offering by this

a

Act

of

effective

and

with

at

be

development

$35,300,180

taxes

compared

year

Net

ago.

$1,638,588

compared
186,

reports

months

number

—V.

/

.

and

-

Solar Aircraft Co.—Licenses Plastic Firm—

1956.

earnings
nine

stock

;o£

ft

•.

construction

Smith-Corona, Inc.—Proposed Record Date—
The

p;

1957

Co.

techniques and patents of the Honeycomb Structures Co., Inc.—V/186,

corporation

period

Co.-^of

Insurance
the

-

thas

company

Sealright-Oswego Falls Corp.—Sales & Earnings Up—
months

4JD0O

,£000

Inc.'

Durst,

&

Prudential

Precast

was

This

justified.

This

A00O

iOOO

& .Co.-

Placement—The

on

companied

...

.

a

Co.-,

'

air

Sept.

on

5,000

A-

a.m.

scheduled

in

■"

•

the- Commission

11

to

up

miles

21.

NolthAtlantic

in

increase

Oct.

on

Lercher.

lOOO

the terms and conditions of Regu¬
lation A, namely, its failure to. file the required semi-annualreports
of stock sales- pursuant to the offering.
Subsequently, -such a report
was
filed reflecting the sale of 12,925 shares.In < addition, the com¬
pany
filed e
request
that
the
suspension
order
be - vacated,
ac¬

14—

service during the first nine months of 1957; an
the comparable 1956 period, Arthur V. Norden,
reported

51000

Inc.

Co.—

A-

1741.

p.

Commission's

The

Simnlex

over

Vice-President,

$11,640,895,
which

i


J

already

against

p.

Corp.—Acquires Leasing, Rental Com¬

this

SEC

corporation

shares

common

&

r5.900

&• Co—;

the

Securities

the

Seacol, Inc., Seattle, Wash.—Files With SEC—
the

been

i

transactions

business

nounced

has

stock,

applied

offered.—V.

panies—
rental

B

freight during the last
quarter, traditionally the peak season, will bring Seaboard's traffic for
the year over the 12,000,000 ton mile mark, a new high, he said.—•
V. 186, p. 1633.
'
"
•
'
'

Net

$1,008,000

Pasadena

proceeds

The"

14

continuing

A

by the company.

V.

Morgan

8,090

porarily suspending

the

Electric

Nov.

on

Executive

sarr.e

Financing—
proposal

a

8,000

5,OOo

5,909

Co._—

"

-

Seaboard & Western Airlines, Inc.—Freight Traffic Up.:

of

approved

The company pians to register a new
stock offering with the SEC
early in November and use the proceeds to finance route
expansion
already underway and to replenish working capital. Neither the num¬
of

99

or

class

account

5,000

Co.

Suspension Vacated by SEC—

be

first

Riddle Airlines, Inc.—Plans Stock

Co.—

Co

5,000

Co._

Turben A' Co.,

Smithers

&

and '

Simplex

record

receive bids for the purchase from-.it of. «6,©00,000*
mortgage bonds due Nov. 1, 1987. See also V. 186, p.. 1741.

Net

ber

$252,060,

and

company

(EST)

British, Guiana and Mexico.
Rice, Piesident, oi
„ne
ixosoralian
company,
said that
are underway
to send geological teams into various parts

Equipment is being shipped from the United States for
work.—V.
186, p. 1545.
-

The

to

A

into

Savannah

in

suosiuiary corporations has plants in
in
England, Canada, Philippine Islands,

Mexico.

and

The

ultimately

industry

us

and

209,701

Haiti,

Walter

of

S.

and

substantial

aluminum

an

reached

S.

Wailing,

chase of new plants.—V.

earnings

Richards

Merrill,
F.

Co.—

&c

$6,000,000, 18-year 51/s% promissory notes.

$737,387

212,756

stock outstanding
during the year,
three-for-one stock split which took effect '
Aug, 1, 1957. This compares with net income of $135,595, or 59 cents
per share the year belore.
Mr. Sanders said
that the backlog of unfilled orders at the fiscal
year's end was $8,100,000.—V. 186, p. 734.
i,
'

taking

The

formed

about

or

witn

Co.
U.

was

$809,041

•

Australia.

£5,000,000

Co.

Australian

acquiring

which

integrated

of

Reynolds
subsidiary with

hoped

and

stock

common

outstanding-—____________

highs for the sixth consecutive
year,
Royden C. Sanders, President, said in a report to stockholders
for the fiscal year ended July
31, 1957.
Sales of the
avionics company amounted
to $5,603,343, 33ft "over
sales
of $4,220,552
for the preceding year.
Net income after taxes

increase

formation

Australian

of

subsidiary,

deposits
and
other
the
establishment
of

justify

22

for

Hill

8,000

Co.—Private

negotiated

1741.

transatlantic

wholly-owned

Jr.,

the

Oct.

on

Mines, Ltd.
as
a
headquarters in Melbourne.

10,000

8.000

186,

9;0(H.)

Podesta &

Sons——

&

7,000

Co.

Davis, Skaggs A'.Doolittle & Co

&

Fay—
V.

America

report

Subsidiary—

Pacific

Inc.—.

81000

Co.- (Inc.)

'

Sanders Associates, Inc.—Sales and Earnings Up—
Sales

This

Forms Australian

available

Balance

Co., a subsidiary
change the firm's

headquarters at Atlanta, Ga., have voted to
name to Reynolds Aluminum
Supply Co.. effective Nov. 1.
Paul H.
Fox, President of the Atlanta firm, said on Oct. 25 that
the
change
was
made
to
portray
more
accurately
his
company's
present day operations as a distributor of aluminum products.
The
company's
warehouses
are
located
in >. Atlanta,
Savannah,
Memphis,
Nashville, Richmond, Raleigh,
Birmingham and Miami.

This

&

also

Simmons
—

Common

of

mem

Co._-_—_

A-

Eichler .&

Co.—______

&

Hutton

.

10,090

——

Wil¬

respective

313,465

—_______

income

Dividends

$1111-

30,

Sept.

to $2.40 a share on 10,968,936 shares
dividend requirements
on
the 4^4 ft
preferred stock.

This

amounted

of

with

and

ending

after

$31,455,856

14

or

provision

1956

of

months

equal

$50 par,

outstanding.

compared

The

is

nine

after

period

same

profit

common

489,333

This

series A,

quarter
this year.

same

of

the

outstanding,

cumulative
For

for

$27,704,605,

to

i>qt

in the
quarter

second

Consolidated

Co.—_

A:

$1,110,539

351,608

__—________

This

ceding

whom

the

Weedon

Cruttenden,

■

Interest,

and its wholly-owned subsidiaries reported a consoli¬
of $9,157,788, or 79 cents a common share, for the
third quarter of 1957, according to Richard S. Reynolds, Jr., President.

dated

before

Co.,

Inc.

Hogle

See
Balance

Crowell.

Dempsey-Tegeler

$1,104,707

3.774

——__——

income

Batemen,

15,000

Walter

Brown

&

32,000

&

1959.

severally made

opposite

California

Co.—_

12,000

&

Hurry,

J.

Industrial

have

a

borrow* up

November,

to

Ryons

Co.—

Stone

Bingham,

1957

pieseni..

Corporation is preparing to

1, -1962.

Dec.

below.-for

Earth

J,

Jackson

Curtis

&

Sept. 30—

Operating revenue
Operating expense and

A:

Dodge

Paine,

or

egch

on

Shares

Dcminick—_

Co._._„32,000

&

Eos

also ."negotiated

company

lortn

Irving
of

November,

5225,000

have

prior

Lester,

&

1633.

p.

Jose Water Works—Earnings

San

resistant

sec

siock

with
Bank

andending

the

payable

respectively;/

company may

named

front

48,009

Clark,

$12,000,000

also

See

formulation

and

payable

the

payable

toe

will

National

representative,

as

common

loan

commencing

1958

Co._

Schwebacher

at Room 1200, 111 Sutter St., San Francisco 4, Calif.,
a.m. (PST)) on Nov. 7 receive bids for the purchase
first mortgage bonds, series G,
due Oct. 1,

8:30

of

it

1987.

of polyester resin, Fiberglasto corrosion.
They are a dull
thoroughly opaque.
The panels were de¬
veloped by Resolite's research department specifically lor use in in¬
dustrial plants where high concentrations of corrosive chemical fumes
are

that

reinforced,
metallic

1,

will" be

agreement

company

underwriters

Bache

Gas & Electric Co.—Bids Nov. 7—

company

up

from

metal

notes,

instances

certain

year, ^beginning- Dec.

$562,500.

years

which

purchase

Dominick

Resolite Corp.—Announces New Plastic Panels—

and

outstanding,

acting

to

R.

the

in
loan

including Dec. 1, -1983,
.ft
'*f ft

an

loan

ia

Mutual

Shares
.

<

of: com¬
exercise

Tne

of. the

1969.

five

under

949.

p.

1,

senior

and

shares

this

Security-First

lor

England

each

$562,500

5ft ft

agreement

at

Staats

and

New

20,000

of

amount

commencing June

three

same

-firm

a

ft.

x,

on

negotiated

Bank

to

adjustment
1

Dec,

on

$2,250,000

and Dec.

The

revolving

to

Dec.

$1,125,000,

of

issuance

annually thereafter to

has

borrow

the

on

liam
;
,

issuance

;

interest

and

payable

California

to

aggregate

to

for

convertible note due. j V71',
issuance upon' exercise of '/out-,

to purchase
hemic x^_c.

subject
The

1

June
of

rants

shfte

UNDERWRITERS—The

the company made banking

of 1956,

is

dilution.
on

company

June

Waxed

for short-term credit to be -used in completion of its
expansion programs.
During the third quarter of 1957, the
company
took down $10,000,000
against
this bank credit.—V.
186,

1308.

p.

Paper

arrangements

2,594,282

"Adjusted to 1957 common stock outstanding.—V. 186,

Rhinelander

of

for. issuance
subordinated

convertible

reserved

'ft

junior

for

the

and
wai

warrants

1963, and

Co.,

1957,

present

$932,843

3,042,746

—

earnings

1959,
per

its

1,

$The

$1.40

1,

$300,000 will be

an

-

:

$17.25

$450,000

Angeles

*$2.37

reserved

negotiable

at

the

Dec.

$2.47.

been

BANK

$0,51
429,090

$1,945,652

—j.——

orders

Unfilled

of

1957.

and

they

$279,101

$1.62
512,282

s

stock

capital

working

$844,374

share
outstanding

common

common

1,

5 ft ft

company's
were

5,550,000

'1,499,273'flys.
20,Q00ftv

reserved

were

5ftft
were

\

2,250,000 i

_

20,000

shares

company's
shares

27,856

options.

Dec.

due
stock

prevent

on

Paper Co. were included in the coiisoliuc.i <n .or five months.
Had :
been included for nine months, the net income per share would.*"

569,475

-

—

per

of

and

♦Sales

1956

have

Shares

to

71,929

the

'

'

37,333

3.000,000 /"

has agreed with New England Mutual Life Insurance
$3,000,000 in November of 1957 on its "5 ft ft
Senior

detachable

20,366,630

$1.20

the

stock

common

' '

99,900'

'/■•"V7:v,V
1969

share*'2,500,000 shs/

per

"

.

94,000,ft

<

1959—

1957,

of

shares

semi-annually

$'

$1.75

.

500,000r"'

by

December,

$1

15,

borrow

notes,

second

'

19•

228,111

due

1966,

stock

*

$1,335,000^,'

company

to

Trust

$5,687,465

1,759,332

____—

Sept.

of

tTha

$14,683,600 $19,725,557

Earnings per share on common stock..
Dividends paid on common stock (per share)—

$10,584,592

sales

of

66.234

Co.

/1956

15,319,959

on

income

Net

and Earnings Rise-

Year Ended June 30—

Profit

other
ft

on

'Outstanding

*

•

purchase

conversion

267,501,033 276,495,259
237,497,474 236,403,072

expenses

I960

1957-63—______

due

conversion

mon

1957

:

and

Costs

to

due

-Sales and Earns. Lower

Sept. 30—

*

FINANCING-

_

note

debentures

Atlantic

the

PRESENT

Authorized

due

note

stock' (par

Warrants

com¬

$19,393,514,

were

TO

•

t,$3.000,000
5 ft ft '..senior notes due December, 1962
$2,250,000
Current bank debt
(short-term notesi'- 1

and

year,
Mr. Ryder said, and prospects
satisfactory."—V. 186, p. 1379/

"very

are

'

secured

due

senior notes

standing

_

Net

secured

unsecured

EFFECT

"

due

note

payable
trust—.

payable

5ft

5 ft ft

operates

$

yapital and inventory.

Resistoflex Corp.—Sales

GIVING

debentures,

conv.

5 ft

was

leasing

sub.

of

;

note

price

time after issue at
rate of 10 shares for each $100 debenture.
Campbell <& Robbins, Inc.,
Portland, Cre., has been named as underwriter.
The proceeds are to
tures

(par $1)

Further details follow:

19o5,

notes

deeds

Rico,

9 Months Ended

be offered in units of one $100
stock at $200 per unit. Deben¬

to

par)

junior

659,975

on

St. Regis Paper Co. (& Subs.)

with the SEC
debentures and 12,500

convertible

con v.

Common

founder and President of the firm which
throughout the country and steamships from

revenues

from

half

7 filed a letter of notification

10-year

of

$125,000

of 3/0,000
at $15 per share; by

/j-*

Sftft

Securities and Exchange Commission—
corporation on Oct.

made in

was

public .oit'ering

the company's earnings and financial position and

on

5 ft ft

5ft

indicate

1957

Miami

Puerto

based

14ft

The

tne

company

of

'

share for each 30 shares held., The

new

Ryder,

vehicles

share

Research Instrument Corp., Portland, Ore.—Files With

covering

December

CAPITALIZATION

reports the system earned $788,177 or $1.19 a
outstanding shares in the six months ended
June 30,
This compared with figures for the same period last year
of $714,758 with 633,825 shares earning $1.13.

$420,000.

1741.

p.

one

this

A.

to

ports

Sales during July, August and
September of this year amounted to $17,220,000 representing a gain
of 22ft over the comparable figure of $14,112,000 for the same period
earned

company

a

of

upon

10,000

$140,000

the

1956

Co., Cleveland, O.

figures

by

James

of

ber

ir.

depend

pany.,

ci

including

paid

Ryder System, Inc.—Reports Record Income—
First

same

the

of

stock

M O

Ohio, is

32,

of investments.

profits

excluding

net

over

income

net

announced
first nine

the

21

V—

■

i

began paying regular quarterly divi¬
with a aiviuend of loc per snare, and "has
regular quarterly dividend of 20 cents per share -.since Decem¬
1956.
The payment of future dividends, if
any, -will necessarily

dends

proceeds will be used for general corporate purposes.
company, with offices at 26300 Lakeland Boulevard, Cleveland
a manufacturer of portable tools.—V. 186, p. 1545.

The

Reichhold Chemicals, Inc.—Sales and Earnings

Uct.

common

DIVIDENDS—The

323.

p.

of

William R. Staats & Co.

offering is not underwritten.

186,

424.

p.

186,

of

issue

shares

i

■1

Siegler Corp.—Stock Offering—Mention
our

is offering to its stockholders ol' record Oct., 10
the right to subscribe on or before Nov. 9 for 1,278 addi¬
tional common stock
(par $1) at $38.50 per share at

$141,230

1957.—V.

September,

above,—V.

Co.

Monday, October 28, 1957

.

.

i

company

144,406

$1.37

—

10ft

for

Tool

Rotor

$225,660

income

Net

Earnings per share

Stove

Florence

leasing arm

.

"

factors.

1956

$2,912,046
461,531
235,871

-

________

the

Roper Corp.—To Sell Unit—

(George D.)
See

Refractory & Insulation Corp.—Sales and Earns. Up—
9 Months Ended

that

said

of the company has acquired
the lease vehicles and accounts of Daly Rental Service of Philadelphia,
and Pascal System, Inc. of Los Angeles.
At the same time, he an¬
nounced, Rollins Charge-A-Car Corp.. a wholly-owned subsidiary, has
acquired the daily rental business of Pascal System in Los Angeles.
Approximately
$700,000
was
involved
in
the
three
transactions,
Mr. Rollins said.—V. 135, p. 1792.

the exchange

Too

Rollins

Mr.

—

This

21,

by
of

<

filed a registration statement with, the SEC
covering- $1,780,780 of convertible debentures. *dne

company

1957,

1972.

Th»

common

$100 of

company

proposes

stockholders
debentures

for

at'

to

offer

the

debentures

100ft-principal

each

40

shares

of

on

Oct.

Dec.

1,

<«r -subscription

amount And «t
stack-h£ld .about

the .rate
Now

13;

ties
"
■ ■
Volume 186

"
5685

1

■

Number

-

'

'

•

^

"

'

;

•

The Commercial and Financial Chronicle

::

(1891)
5?

arichts

to ...expire about Nov.
27.
The record date, interest rate-and
underwriting terms are to be supplied by amendment. The under¬

.

Statham Instruments, Inc.—Report

Earnings—

Tel-A-Sign, Inc.—Listed in New York—

,

writing

is headed by Stone &
Paine, Webber, Jackson & Curtis.

and

group

tional
due

investor

1957

of

ar.d

1958

in

during

Dec.

31.

1957

1958.

to

first

of

presently

bank

income

the

5%,%- series,

loans

in

its

major

projects

approximate., $1,200,000.—V.

186,

stock

1,147,930

.

For

■>81,424

c—_

for

Earnings

connection

Earns,

to

be

included

in

V.

stich

the

from

Puerto

our

1379.

p.

shares

838,000

on

before

Rican

subsidiary

;

/■

Natural Gas

See Suntide Refining Co. below.—V. ififi,

,;v

Southern

New

Operating
Operating
Federal

1957—Month—1956
$9,030,164

revenues

6,073.183

taxes--_

1,106,067

operating

dfter

Dr.

43,134,080

401,177

7,661,566
3,402,610

$1,427,904

$1,322,492

$10,153,977

$9,736,917

1,094,986

1,082,821

"■ 7,745,895

8,064,199

charges

of

Bank;

i.

,

186.

the

Dr.

Period End. Aug. 31—

i;;<

t.'i'i

1

.

-V

':*•

'

•

1957—Month—1956
-1956

W<T$a'<

"> *

of

of

stcei

coal,

this

of

and

management

board

of

Loan

the

the

iron

the

Milton

Rosenthal
as

continues

director

is

H.

of

of

auction.

The

shares

Custodian.'—V.

$

^Operating', revenues---'-

53,405.731

49,732,935 420,120,790

31,322,998

30,171,138 247,855,707

233,022,839

had

been

control

the

Alien

•kirr-'
•
w Net
-

68,587,190

3,671,716

32,512,045

29,431,915

Itet

operating

after

income

9,223.966

charges——^
1540:

186,

8,155,925
7,587,888

8,551,485

71.165,848

67,012,932

62,368,498

.,1 The
aoc

par

Temporarily Suspended—

!>tthat

a

ing

for
in

the

$1

'''•certain

in

is

that

reason

other

fication failed

share.

per

than

accurate

■"

in

offering

required
and
or

the

circular

operations

Canada;

or

information

that
and

1

conducted

according
y

in

of

■V

Canada,

the

to

^formation

the

East

notification

the

respect

Southwestern;

the

the

to

issuance

when,

in

and

promoters,

of

Argentina.

fails

295,000

predecessors

its

references

*

•

shares

of

s

,

oil,

working

interest in

each

lease;

owned in Northwest Territory, Canada,

acreage

more

ticularly, the terms and provisions of any interest in oil and
lets have not been set forth, and the distances from such
the

nearest

the

nearest

gas

oil,

oil

fields

the

Near

East,

and

the

misleading

character of

the

for

statements

the

predecessor

par¬

to

•I

company's

research

new

center

suburban

in

has

option. to

an

sold

"best

a

at $1 per
basis by T. J.

efforts"

buy

$1

at

May 8,

on

share

per

publicly,-,the option to

are

to

be

research

The

207c

for five

run

exclusive

an

and

of Surinam.

stock

if

the

proceeds

this

of

40-year concession

prospectus further indicates
the

that, if all
public will acquire 43.5(J/ of the

for

an

Investment

of

of the

stock

laboratory

building,

which

consists

of

then

out¬

$10,000,000, whereas the promoters will
for which the company received serv¬

plus

the

3,150

shans

of

Colmar

Oil

Surinam

stock.

Of

the

exploration
used

is

successful, according to the prospectus, $350,000
initial drilling on shore, $2,000,000 for initial

for

186,

result

$1,000,000

of

drilling)

for

and

development of shore
$3,150,000

fcr

wells

development

(if
of

will

oil is

be

located

offshore

wells

(if oil is located as result of drilling).
If no oil is found as a result of
drilling, the balance of the proceeds will be applied to exploration and
development of other prospects to be acquired by the company.

?5

to

This

Central

process
laboratory and a greenhouse
on a 48-acre tract.
Initially about
employed there, about half being professionally
and
engineers and
the
balance,
technicians
and
Until
the
completion of the new- reseach facility,

trained

chemists
workers.

Viscount
America

new

Viscount

into

the

100 people will be

*.' .clerical

corporation

jet-prop

separate

a

Inaugurate Jet-Prop Viscount Services

and

between

the company's chemical research- laboratories were located
at
its
Jayhawk Works, 20 miles south of Pittsburg, Kansas.—V. 186, p. 1779.

San

Salvador

will

be

Mexico

its

SEC

aircraft

for

and

Mexico

from

will

be

Orleans

City

via

all

Eastern

net

I

Financial

Corp.—Reports Gain in Profits—

Orleans

and

The

Earnihgs of this corporation for the quarter ended Sept. 30, 1957,
rose
to $188,488,
equal to 16 cents per share, compared to $166,429,
equal to 14 cents per share in the same period of 1956.
Net

profit

increased

35

»:

cents

alter

to

41

or

share.—V.

the

for

taxes

$495,436

per

nine-month

cents

186,

p,

share

per

period

ending Sept.
to $425,881

compared

this
in

30

best

large

Texas

The

Gas

in

to

of

Standard Forgingrs Corp.—Profits Increased—

]

,•

'

profit of $838,427 for the Mine months
ended Sept. 30, 1957, equivalent to $2.73 a share on 307,230 shares of
common
stock
outstanding ( compared with net profit in the cor¬
responding period of 1956 of $742,098, or $2.42 a share based on the
number

Net
«

-

of

for

sales

and

will

with

:.

Net

nine
r

share

that

stated.

p.

months

totaled

$19,898,400,

compared

cents

in

year

a

said
so

same

the

a

Oct.

21.

$16,400,000,"
of

have

the

Roy

W.

started

year.—V.

ago,

a

J.

Clansky,

to

186,

decline
p.

530.

Profit—

ended

with

year

'

on

of

inventories
balance

months

compared

period

ago

that
in

Co.—Reports

the three

share,

a

the

of

He

Products

profits for

Sept. 30 totalled $68,258
loss of $77;688 or 10 cents
S.

Reid,

President,

or
a

announced

'

"

Sales ^or the first quarter 'of the company's business
year totalled
$7,760,355, compared wtth $6,250,563 last>year.—V." 185, pr. 2144, 'i



«!

$1.82
the

with

p.

add

approximately

barrels of

Oct.

110

liquids

Co.

filed

24

issue

offered

of

wells,

aii

system,

producing

located

are

billion

feet

cubic

of

to

the

company's reserves.

Corp.

—

Registers With

registration

a

of

200,000

through

statement

shares

of

underwriting

an

with

preferred

syndicate

the

stock

headed

Inc.

to

are

be

used

in

186, ^pp."'1780

Corp.,

connection

and

1674.

with

'■

Houston, Texas

Commission

Power

the

transportation

FPC

jurisdiction,

a

;

gas

expan¬
-;-v

.

Subject

FPC

to

has

of

and

found

natural

has

that

in

gas

authorized

this corporation is
interstate commerce

the

continued

opera¬

Gas

Thermometer

Corp. of America—Bonds Sold—An is¬

of

$150,000 6% first mortgage bonds, dated Aug. 15,
1957 and due Aug. 15, 1972, recently offered
through The
Ohio Company, Columbus, Ohio, has been sold to Ohio
investors, it was announced on Oct. 24.—V. 180, p. 1004.
sue

Titflex, Inc.—New President Named—
Matthew

ducer
and

J.

Mr.

Betley

rations for
to

Betley has

flexible

of

electrical

Titeflex,
flexible

metal

been

has

held

the past

named

for

hose

industry

senior

this

of

company,

lines,

Quick-Seal
aviation.

and

pro¬

couplings,

executive

posts in manufacturing «orpoMost recently, he has teen a consultant

15 years.

Industries,

President

"Teflon"

and

connectors

Gar Wood

Inc.

subsidiary of Atlas Corp., New York, designs and produces
for metal and "Teflon" with related fittings, electrical
other electrical components, and other aircraft and
products.—V. 183, p. 2697.
a

hose

shielding

Col.

and

Willard

ufacturing

Dec.

on

City

City.

points

2

and

Direct

in Central

is

Board

has

of

of

the

Rockwell

Board

elected

been

Man¬

Rock¬

of

director,

a

Oct. -23.

also

director

a

of

number

a

of

other

financial

Philadelphia; Peoples First National Bank & Trust
and Pittsburgh
Latce Er.e RR, Co.
He
is
also

Co.,

^

the

of

member

the

of

and Chairman

companies including: American Mutual Liability In¬
Pennsylvania Manufacturers' Association Casualty

Pittsburgh;

Co.,

Chairman
Pa.,

Coraopolis, Pa.,

Boston;

Co.,

Insurance

Co.,

on

Rockwell

industrial

and

Rockwell,

Pittsburgh,
Axle

&

announced

was

surance

a

F.

Co.,

Spring

and

period

in

history

commercial

reported

was

financing

on

Oct.

organization,

16

185,

advisory

committee

of

Bankers

Trust

Co.,

New

2853.

p.

Trane Co.—Boosts

by

founded

relatively

A

net income for the nine months ended Sept. 30, 1957,
$1,334,533, compared with $1,072,143 for the same period

these

stock
same

for

were

Federal

equal

taxes

to

$2.02

outstanding at Sept.
nine months

($1,252,000)

($1,736,000)
a

30.

share

on

and
the

preferred

590,290

divi¬

shares

of

1957,

goods.

Trane,

a

Just

major manufacturer of air conditioning and heating equipannounced the use of Z.R.C. (Zinc Rich Coat) on Trane

evaporative

condensers,

1956, earnings, after provision for Fed¬
preferred dividends, ,were equivalent to

share on 525,424 shares of common stock outstanding at that
Adjusted for the 10% stock dividend paid Dec, 31, earnings for
period would have been equivalent to $1.66 a share.—V. 186.

a

1956

have

Trane

cold

coil units,

galvanizing,

spray

Z.R.C.

coil

Climate

replaces

Changers,

the

hot-dip
units

method
that previously had been used on these
function under corrosion conductive conditions.

galvanizing
which

called

to

to

up

treatment.

By

firm

has

been

—V.

1673.

spray

air washers.

and

Oftentimes

of

end

Shipping Schedules—

system of galvanizing certain equipment in its
enabled this company to make faster shipments of

new

has

plants

mebnt,

taxes

of

449.

own

earnings

the

time.

nine

to do

continue

Standard
;

the

$16,157,900 for the corresponding period of the preceding year.
"We have a backlog at the present time of approximately $14,800,000,

President,

In

eral

shares.

'

compared
:

dends,

The corporation reports net

same

nine-months

provision

common

the

acres

Coates ol
Mission, and

Gas' transportation facilities.
transports gas, which it processes and dehydrates in its
Winnie and Orange County, Tex., plams, for delivery to Texas Eastern
Transmission Corp.
The latter purchases the gas from independent
producers in Jefferson, Chambers and Orange Counties, Tex.—V. 183,

it

1956.

After

pipeline

308

Talcott. Inc.—Reports Record Earnings—

factoring

to

in

of Texas

Texas

time

first

1854.

amounted

distillate

Transmission

on

bo

Federal

engaged

the

Consolidated

or

950.

gas

drilled
In

George

Kirkpatrick

Gas

being

Jurisdiction—

well

.

(James)

including

three

where

is

horizons.

acquired

was

Hugh

Five

Field,

fourth

a

productive

group

Tennessee

proposed

a

to

proceeds

York.—V.

Standard

a

and

Houston.

the

1,500,000

corporation

The

inaugurate

Guatemale

for

of

acres

570.

by Dillon, Read &

This

Guatemala

Salvador

San

America.

of

sion ^ program.—V;

America.

inaugurated

via

interest

Cristo

and

known

irom

Neuhaus

F.

and

p.

$100),

Col.

New

3,351

Townsend Investment Co., Short Hills, N. J.—New Dir.

to

New

Central

and

Field

Monte

completed

three

working

with

covering

(par

—

plans

between

City

jet-prop

services

and

made

services

involving

being drilled.
were
in Hidalgo County.
A
one-half
from Horace C. Hargraves of Dallas in

northeast

been

purchases

gas

186,

Texas

area.

Viscount

Salvador

San

connections

announced

its

introduces

American

Initial, jet-prop
between

21

on

between

service

Central

Oct.

on

aircraft

full

V.

the

with

Tabasco

three

industrial

—To

made,

properties.

Taca International Airlines, San Salvador, El Salvador

City,

in

have

Abercrombib

The

drilling of off¬

shore wells,
as

disclosed.

were

acquired

field

connected

the

—V.

net

proceeds of the public offering, $400,000 will be reserved for
payment of
the contingent liability to the vendors of the Colmar Surinam Oil stock
and
$1,000,000 for geophysical exploration.
In
the event
that such

administrative-

main

a

H.

natural

in the

13.000,000 shares (or 56.5% )

ices

-

all

to

10,000.000 shares

common

the

Antonio,

The

underwriting

sold,

wells

multi-sand

and

!

-

and

Securities and Exchange Commission—

exploi¬

acres

111., a '
buildings to

Skokie,

completed."

was

not

was

acquisitions
was

leases

of

acres

distillate
a

on

the

of

years.

trea composing about 3,700,000

an

hold

on

center,

R.

1957, under Delaware law "for the

to finance the exploration

used

is said to have

sulphur in

part

such

The

state-

Kansas

1,756
in

tion

are

';ifor biological research, is situated

■J

on

standing

Oct. 22. It will be devoted to research and
development of new and improved products in the general fields of
agricultural and industrial chemicals and plastics.

»

made

public sale

Spencer Chemical Co.—Dedicates Research Center—
The

Kansas,\ Was dedicated

,

Texas—Registers With SEC—

It

purchases

other

two

in

for

in

company
acquired a 4ne-half working interest in 1,787
acres
of
leases
in
the Weigang area of Karnes. County
from C. C.
Winn and Milton V. Spencer, both of San Antonio.
One gas distillate
well has been completed there and a second well is

purchase,

shares

site

acre

The

leases

to offer these

be

separate

leases.

other

by mutual

%

exceed $2,000,000.
The prospectus lists E. C.
Loy of Houston as President and Ira Bringerlioi'f, also of Houston, as a director and consulting geologist.

1156.

JA

■

subject

of

inter-

company.—V.

T.

a

to

Consideration

Three

,

have

terminated

105

a

of
three
new
teletype
manufacturing facilities.

and

share.

per

gas

been

on

first

acquired producing and undeveloped gas properties
Hidalgo and Karnes counties in South Texas, including an interest
in nine completed gas distillate wells and three more
which are being
drilled, it was announced on Oct. 21 by Ralph Graham, Senior Vice-

The

Christopher

of 100,000 daily.

way

the

sales

working Interest

mation in 1956.,. The
remaining 1,332,000 shares were issued to their
designees,- In addition to the issuance of the 13,000,000 shares in ex¬
change for the Colmar Surinam Oil stock, there is a contingent liability
upon the part of Surinam to pay an additional $400,000 to the vendors

properties; and (6) the failure to include a statement of cash
receipts and disbursements, the financial statements of subsidiaries,
financial

155.

Fla., Secretary of -Colmar. Prentiss H, Clayton, of Orlando,
Fla., and Marts Oil Co., of Bartelsville, Okla., who are said to have
contributed $6,924.90 in cash to Colmar Surinam Oil Co. since its for¬

such

the

intensify its

and

throughout

use

Gas

cents

Garden,

properties, in particular the failure to disclose that such amount repre¬
sented gross income or to disclose the net income to the company from

p.

1673

in

company has

President.

property In Surinam, S.. A. (formerly Dutch Guiana )." 'The
subsidiary, Colrnar Surinamse Olie Maatschappij (Colmar

and

gas,

-

and

to

250,000 Teleprinters

are
in TWX—teletypewriter
exchange
by telephone companies to subscribers
by wire, has grown from 50 messages a

average

under

for

Gas Co., stated
the acquisition of Suntide Refin¬

•

Anni¬

in

Accordingto the prospectus, Surinam has outstanding 13,000.000 com¬
shares, which were issued in exchange for 3,150 shares (of 3,200
shares outstanding )„ of. the Colmar Surinam Oil Co.
Of the 13,000,000
shares. 11,668,000 were issued to Edward J. Hanlon, Jr., of Winter

merit with respect to the prolific oil fields of Turkey, since the
average
I oil. well in Iraq produces approximately as much oil as all the wells in
•;Turkey; (5) the reference to $10,000 yearly revenues on certain Texas

•

prepared
pp.

50th

of

Transmission Co.—Secondary
Offering
secondary offering of 12,000 shares of common stock
(par $5) was made on (3ct. 22 by Stone & Webster Secu¬
rities Corp. at $25 per share, with a dealer's concession

mon

production of oil, to the nearest production of gas, and to
dry holt- of consequential depth have not been disclosed;

in

of

northern

East possibilities in particular the omis; sfon to state that the geological province in which Syria is located is
entirely separate from the geological province containing the prolific

*'

186,

./;••'

organized

Surinam Oil Co.)

\ (3) the discussion of Middle
'

now

field

Ark.
The
modern,
fully
air-conditioned
factory
employ about 1,600 persons.—V. 158, p. 1943. "

will

This

the

engaging principally ip the exploration and exploitation of
and'sulphur,.properties. The net proceeds of the sale of the

company's

the

acreage

firm is

the

Rock,

of 70

per

This

for

of

gas

tation

'

(2)

was

10,000,000 sli&res

to

coln-

.

also

shares

of

purpose

are v.

affiliates

Southwestern

/

the

of

percentage

to

$2.64

1957.

registration statement with the SEC on Oct.
10,000,000 shares of its 1-cent par common stock.

covering

Surinam

required

and

1957,

number

com-

are

2852.

p.

corporation filed

Investment

With
respect to Southwestern's offering circular, the Commission's
'.order questions the accuracy and completeness of various informational
disclosures contained therein;,. Among these are (1) the description of
the company's Texas properties, the production
history of the properties, and the actual participation of Southwestern in the gross produc¬
and

to

31,

share,

is

research,

Campbell Investment Co., Inc., of Houston, for which Campbell Invest¬
ment will receive a
selling commission of 20 cents per share. Campbell

Furthermore,

contain "the

to

185,

company proposes
share.
The offering is

prior offerings of securities by Southwestern, its predecessors and
and stock issued to officers, directors and promoters; and
sale of 60,000 shares, of Southwestern's stock by International Oil
&
Nuclear
Exploration Corp. to the underwriter of the

tion

equal
Aug.

common

155.

p.

petrochemical field,—V.

The

accu-

the

Tulsa-based

Surinam Corp., Houston,

2.1,

noti¬

operations

the

9

This

contained

fact,

Oct.

«

will

proposed

l'proposed offering.

•

186,

ended
a

$50,768.

50,000

today's

suburb,

San

\

company's

in

consent.—V.

mon,

the

1956.—V.

negotiations looking toward
ing Co, by Southern Natural Gas Co.

affiliates,
'

$2.02

Floyd B., Martin, • President of this company and
Chenery, Chairman of the Board of Southern Natural
Jon

by Southwestern that the
York are the jurisdictions in

the

that

the Middle

order,

with

of

months

or

Suntide Refining Co.—Not to Be Acquired—

filed

conducted,

are

indicates

the

offer¬

proposed

business

jrfesently beir.g conducted in Texas and its proposed operations

'

nine

McDowell, President of D-X Sunray Oil Co., formally dedicated
new million-dollar research center on Oct.
18
with
a

research

that the company's offering cir¬
misleading in respect of various

Jersey and New

its principal operations

;%%»ny's

States

notification

the

Stales of Delaware, New

'I/which

United

certain

for

principal

the order of the Commission challenges the

statement

a

the

in "accurate
,::\

^ ' More particularly,

earnings of $796,310,

the

$627,718,

company's

that

The Commission's order asserts
available

not

issuer's

information;

Incomplete,

>;'Hcy of

the

disclose

to

'material facts.

•

at

Regulation A exemption is

countries

cular

stock

net

fcr

of

period

declaration

filed its Regulation A notification with the Commission
1957,. proposing the public offering of 300.000 shares of its

common

W.

the

company

Sept. 3,

net

the

for

of

—A

Sunray-Mid Continent Oil Co.—New Plant Dedicated.
R.

& Mineral Corp., New York—

( The
Securities and Exchange Commission, it was announced on Oct.
21, has issued an order temporarily suspending a Regulation A exempit ion from registration under the Securities Act of 1933 with respect to
'a proposed public
offering of securities by this corporation for alleged
failure to comply with the terms and conditions of the Regulation.
-The order provides an
opportunity for hearing, upon request, on the
rquestiou whether the suspension should be vacated or made permanent.

"on

with

58,417,170

;

:

reports
stock

common

corresponding

p.

Stock Offering
;

corporation
of

compares

\ Southwestern Chemical

»

The

share

sales

net

a

offered

communicate

to

Tennesese

Property

Struthers Wells Corp.—Earnings at Higher Rate—

60,318,989

'4,143,375

■

—V.

.

7,734,156

to

1931

offices

.

8,714,892

wish

Little

of

total

and

The first of the new
buildings, located in Skokie, adjacent to other
teletype facilities,
is
to
be
expected
completed
this
year,
according to John J. O'Brien, President.
Another Teletype plant is under construction on a 160 acre site in

Sherman.

under

$1,134,358

present

Also

company.

in

than

more

these,

service,

contain

363,

p,

with

compares

of

Chicago, 111.—Celebrates

pioneer

are

Of

Chicago

385,142,241

^Operating expenses—
•federal income taxes.
Other operating taxes

186,

there

Construction

Germany; Alfred
of the
Dresdner

the

Corp.,

This

day in

Klaus

Hugo Stinnes was
acquired last
summer
by
German
interests,
when
the
Attorney
General
of
the
United
States
sold
530,712
shares
of
the
company's
988,890 shares of stock at public

$

This

1957,

,

world.

who

concern

included

board

President

as

Irving

28,

is

Today
the

of

a

$87,391.

Feb.

1156.

century.

com¬

Deutsche

Stinnes

21

Corporation

supervisory

of

Hugo

Oct.

on

of

ended

corporation,

service.

board

the

common

printing telegraph equip¬
celebrating -its 50th anniversary this year preparing to meet
challenges in the communications industry during the next half

new

holding

....

confirmed

Reconstruction

Chairman

German

profit

Teletype

Paul

continued

1957—8 Mos,
Mos.—1956

r

net
year

This

■

,

Krebs, director of the Deutsche Bank and Heinz P.
Kemper, Chief Executive Officer of Hugo Stinnes G. m. b. H., German
operating company,

3,303.503

^Southwestern Bell Telephone Co.—Earnings—
'•

the

and

Vice-Chairman

1779.
1^r?G

p.

of

weeks

elected

was

in

appointments to

Control

—^V.

member

a

recent

HoelHng,

8,048,924

•

ir.

Dohrn,

$64,223,424

48,803,718

21

interests

I"
Is

Other

made

Oct.

on

large

*

•

Abs

Bank.

418.010

taxes—

^'^Net operating income
•N%t

panies.

;;;

.

Abs

J.

with

,,

$70,021,871

5.582,481"
1,076.291

"

■'Other

apbiJKU it;

r

1957—8 Months—1956

^.$8,382,441

:

expenses

Income

V

■

„

England Telephone Co.—Earnings—

Period End. Aug. 31—

-

.

884.

p.

Hermann
company

point-of-purchase

$1,003,052,

186, p.

ment,

Co.—Drops Acquisition—

for

versary—

exempt.—

(Hugo) Stinnes Corp.—New Chairman Elected—
Southern

signs

$0.17
$0.15

tax

are

324.

p.

the

a

—V.

plastic

giving

acldit'l shares offered Sept. 17, 1.957)
on 938,000 shares now outstanding)

(based

earnings

186,

(based

100,000

share

per

"The

made

share

per

effect to

con¬

$140,755

_

illuminated

was
officially admitted to trading its
American Stock Exchange, effective Oct. 18.
six months ended Aug. 31, 1957 total sales were

the

on

fiscal

approximately

expenditures

(estimated).

This
producer of
dealer-identification

$1,370,109

___

Net income

during

1957-59

of

months

incurred

program

made

that

three

v-

expenses-.,-

income-taxes

for

1957

31,

w-ii-

and

Federal

statement

ended aug.

sales

Costs

institu¬

an

;

Net

financing,

obligations

expenditure
that

to

bonds,

of

construction

estimates

require' the
and 1958 and

this

sale

end

part

its

,-

proceeds of

mortgage

in

with

complete

j"

issuance

payment

consolidated

Corporation

^

will

program

the

will

-U

payment

company

program

57,500,000

the

connection

for

or

The

struction

ot.-the

Securities

-

the net

$1,500.000. of

l,r-:l'982," to

therewith.

after

proceeds

incurred

be

apply

to

proposes

the

with

Nov.
to

or

Webster

.

The. company

.together

55

■■

.

186,

p.

has

now

introducing
able

had to ship these goods out
the Z.R.C. system in its own

eliminate

to

the

other

method's

for special
plants, the

shipping

time.

1780.

I

/

Taylor Instrument Companies—Defers Stock Offering
—This company on Oct, 22 called off indefinitely a pro¬
posed rights offering to stockholders. Unsettled market
conditions were cited by the company.
The

liad

had

proposed

each

four held

and

for

company

The
add
were

to

registered
offer

the

to holders

of

proceeds were to be used

99.915

rights
record
to

common
on

the

Oct.

shares

basis

of

with
one

the

new

share

short-term bank loans and to
The First Boston Corp. and associates

to general corporate funds.
named underwriters.
See V.

186, p.

1547.

See

Industries, Inc.—Plans

Continental

&

Merritt-Chapman

nancing
This

Oct

17

shares

for

Proposal

corporation
1957
of

its

Scott Corp.

Gas

Transcontinental

SEC

22.

retire

Trans

to

Acquire

Trailer Firm—
above.—V.

Pipe Line

184,

p.

157.

Corp.—Registers Fi¬

With SEC—

filed

a

registration statement with the SEC on
debentures due 1978 and 1,000,000
stock. The securities are to be offered

covering $20,000,000 of
50c

par

common

public sale through an

underwriting group headed by White, Weld

Chronicle

The Commercial and Financial
5G

underwriting

uud

market

terms

the

sucker

signed
Mcf

in

the

Nine Months Ended

of

Net

$2.55

said

Federal

Corp.—Earnings Decline-

Paper

Bag-Camp

Union

taxes

per

186,

Sept. 30—-

1957

$

1

renegotiation

and

renegotiation
Net

business

tire

definition

ment

defendants were primarily engaged in
and trading in securities within
company" contained in the Invest¬
Act of 1940 and that they were subject to the regis¬

Company

-renegotiation

-

provisions of that Act.

for Fed. income taxes and

Provision

renegotiation

income

186,

'67,120,7*7

tration

33,500,900

.

33,541,789

insurance

policies
Act

34,000,963
share—-

per

34,147,267

33,578,938

$1.13

$1.13

$1.12

...

insurance

the
of

$913,581

the

6.5

to

per

third

the

For

chare

per

1957,

30,

184,

S6.28

or

The

called

have

directors

The
for

stockholder

approval

mended

In

letter

a

of

stockholders,

to

the

proposal

Inc.—Plans Merger—

meeting to be held Nov. 19
acquisition of three Canadian com¬
President,

Christopher,

W.

that

declaring

the

market,

through

and

unification,

and

efficiencies

important

develop

economies."

would

issuance
for

The

the

of

to

could

put

51',

or

the
call

'group

decline

in

Th's

179,

corporation

nounced

Mr.

special

counter a
the firm.
insurgent

meeting

were

In

be

the

Founders

successful.

for

United

Mr.

268,506

Printers

with

the

said.

on

Snyder

suffered

Ecxecutive

officer

of

the

Jr.,

relatively well during the third quarter and the first nine months of
Each Whitehall Fund snare, Mr. Randolph stated, had an asset
of $11.08 at Sept. 30 as compared with $11.64 at June 30 and
$11.58 at the beginning of the year.
1957.

value

the

sale

totaled

assets

while

than

less

at

$7,924,781

three

months

the

end

earlier,

the

third

about

the

of

were

and,

quarter
same

the

as

$7,942,047 reported at the start of the year. According to Mr. Randolph,
the

715,199 Whitehall Fund shares outstanding at Sept.

by 2,114
Plan

or

30

owned

were

investors of whom about 25'r were using the Accumulation
systematically to their holdings.—V.. 186, p. 466.

add

to

Wilcox Oil Co.—Gross Income Higher—

Funston

Nine Months Ended

of

Cost

September 30—

1957
$6,818,862

5,894,844

$671,388

$641,433

operations

Balance
Profit

$6,536,277

6,147,474

„

income

Gross

rest

the

of

;

sale

on

of

USI

,

iixed

assets

(net;—

1956

5,919

48,125

$677,307

.$689,558

and

consolidated

manufacturing

that

the

company

along

"product
acquisition
and

has

integrated

group"

lines,

their

in

product

the

by

tiie

Axelson's

Clearing

end Western

Design

Mr.

being

Snyder
moved to

lines

and

to

intact

Axelson's engine lathe
Clearing Machine Division

but

they .will

sold

by

principally

etc.,

Western

has

Design.

new

gears,

purposes

aircraft

liar-

£nyder pointed

A

-

not

increased sales to (he greater manufacturing activity
the development and introduction of new products,
for public utility companies and industry in general.—

183,

certain
the

t

4

been .earning-profits

out.

"The

basic




*

f,

t

^

with, its .lathe

difficulty

is

the

t

'

"

operation,

limited

assets

(net)

$2.29

$2.42
$0.75

market

Mr.
on

share—.;

be

Washington National Development Corp., Washington,

covering
shares

2

be

'

to

of

stock

common

Co.,

New York

rate

purposes.

Co.

of

total

who

the

per

of

Sale

investment
sion

the

debentures

firm,

program,

to

be

will enable the

carried

out

company

officers

will

to

by

An

—

working

of

shares

the

and

company,

the

to

accrue

was

offered

were

fof

of

none

Proceeds

company.

100.0Q0\ shares by

remaining

related

facilities

their

months

the six

and

income

net

per

the company will
financing future operations.

for

capital

represented over 90'^ of the firm's business
projects is the world's largest pipe

comnleted

ended

share

Bolivian Government oil agency.

a

June

30,

1957, the firm had net income of

earnings oi 70 cents.
For the
or $2.33 per share.

$3,024,000,

was

CAPITALIZATION

.

GIVING

EFFECT

TO

PRESENT

full

Notes

(in

Common

dollarsU—_

Canadian
stock

B

common

stock

(par

common

stock

(par

$1)^

(a)

1,000,000

and

(b)

under the company's
:

Blyth & Co., Inc.,
with its expan¬

tThe

class.C

Outstanding
$1,125,000

.

300,000 slis.
1,000.000 shs.

+300,000 shs.

—

shares

130,000

reserved

for

shares reserved

None

conversion

class.

of

for. exercise

stock

was

authorized

to

B

of options

Restricted Stock Option Plan.

common

t

1,800.000 shs.

$1)

C

stock

...',

FINANCING

"3.000,000 shs.

Class

de¬

$1,125,000

Sl )_

(par

1956,

year

...

Authorized

;

.

comply

certain

with

requirements of Nevada law with respect to the class B commpn .stock,
and
it
is not
presently anticipated that any of the shares of the
class C common stock will be issued,
-

proceed

'

he said.

Sold

This offering

200,000

are

Among

"Includes

in

Stock

share.

offering,

Class

,The directors on Oct. 18 authorized the sale of $5,000,000
bentures, Charles M. Sturkey, President, announced.. -

Common

—

shares

these

additional

as

and

For

The proceeds are to be used for general corpo¬
.......

City.

the

from

sale

1956.

$907,000

(expiring Feb. 28, 1960t;

"

used

in

publicly at $1.20 per share and 15,720 shares
to certain individuals under options as follows; 100

$1.10 each

Brothers

line, constructed in Bolivia ior

be offered

offered

the

lines

notification with the SFC
(par $1) of which 34,280

10,620 shares at $1 each
(expiring Feb. 11.; 1962); and 5,000 shares at $1 each (expiring Feb.
11,
1967).
The public offering will be underwritten by Wagner <Sr

shares at

.

Mr.

.Sturkey

also

announced

that

Canada

now

supplies

all

natural
•

gas
urt~

p.

2'/2t<

BUSINESS—Company is engaged in all phases of planning, designing,
constructing, and management of pipe lines. The construction of pipe

Oct. 2 filed a letter of

on

shares

50,000

are

to

are

•'

$0.75

share.:

per

stockholders

proceeds

from

50.

p.

The corporation

facility

Earbara^ahf1CRl deVlCes a€vel°Psd by Western Design in Santa h
f
.'4.

$2.25

fixed

per

Clearing

landing

administrative

Axelson's

$2.27

670.

p.

PROCEEDS—Of

Washington Natural Gas Co.—Plans Financing—

involving

for

(net)__

($1 par value) at $11.50
quickly completed.

will be manu¬

Montebello, Calif., will continue its aircraft type of operation but
cularg-? its scope to include the manufacture of electronics and

»

Corp.—Sales Volume Higher—

common

production,

with

be

paid

Williams

from

particularly

"

equipment,

consolidated

to

paid

284,645

assets

underwriting group headed by Reynolds & Co., Inc., on
Oct. 23 offered publicly 300,000 shares of common stock

credited

.

continue

184,

sale

on

dividend

—V.

compared

share

LaFrance Truck

stemming

after

will

Axelson

Tracy

the

Manufacturing

said,
the

na"10

aircraft

hydraulic

per

profit

dividends

295,451

fixed

of

on

Stock

D. C.—Files With Securities and Exchange Commission.

presses;

Axe'eon

After

operations

contrast

y/ith plants in Chicago and Hamilton. Ohio, The lathes

factured

$6.31

or

___;
of

share:
sale

per

profit

Cash

$100,744,275 as compared to $92,288,563 in 1955
982,120 shares outstanding,
net earnings for 1956

of

/

outstanding'

income

Before

six

Expansion and reorganization of the Sales Department of this cor¬
resulting from a sharply increased sales volume over the last
18 months was announced on Oct. 23 by F. N. Tracy. President.
Mr;

divisions affected

D

Net

of 1957 werq $50,217,131 compared
months in 1956. Earnings after taxes
$2,768,440 for the first half in 1956.

months

first

income

Shares

were

$6,197,353

Ward

greeting

V.

said

Rise—

con¬

n

721.

reorganized

re0r8ailizatloiy.

.

Hodge,

up

shares.

has

Inc.—Reorganizes Major Divisions—

production operation is

been

Chief

and

1955.

Whitehall Fund, Inc.—Asset Value Holds Up—

poration

has

divisions

rLn™if S

in

1

President

is

McCcrd

Jr.,

1949,

share ir. 1955. The corporation has 3.000,000

per

The

Corp., of ^anta Barbara, Calif.; a leading company in the manufacture
©i electronic systems and components for aircraft
and guided missiles.

etruts,

announced the election of Edwin Hodge,

21

Board.

the

Reporting for this Fund, Francis F. Randolph, Chairman of the
and President, stated on Oct. 18 that per share asset values held

to $4,667,728 or S4.75
shares authorized and
approximately 8,000 shareholders.-—V. 185, p. 2038.

would

Group,

Spiess

by the reorganization ore Axelson Manu¬
facturing Co., of Los Angeles, which has been manufacturing engine
lathes,
petroleum
production
equipment,, and. aircraft
components;
Clearing Machine Corp., of Chicago, one of America s major producers

imd'"'

Oct.

on

of

Board

1200.

p.

compared to

sales

basis

the

On

six

the

for

$3,303,775
1956,

were

themselves
to

$50,065,524

de¬

a

functions in three of its major divisions, it was an¬
Oct.
16 by John I. Snyder, Jr., President and Chairman

policy of leaving
U8I acquired them.
The

186,

first

the

for

Sales
to

Boarci.

these

©I

iorce

to

of

the

company's board to 15 from 7.
group's 8-man slate on the board

contrasting

p.

said

marketing

the

over

Electric Corp.—Sales & Earnings

Wagner

the

charged

profits

industry.—V.

U. S. Industries,

of

provided."—V.

239,113

is Chairman and President, of Pittsburgh Forgings
Co. and a director oi The National Supply Co., Blaw-Knox Co., and
a number of other companies.—V.
186, p. 1674.

taken by the Exchange that variable
permit the sale of those contracts in the

being

for

company.

shares

260,000

opposition

sistent

end

of

to

move

control

corporation,

effort

an

seeking

are

the

claims to have received requests

The

providing

King

Net

management

who

dissident

the

clangs ccntrol of
insurgents, who

group

stock

of

directors

Edwin

companies.

latest

for

size

the

The

card

the

was

attorney
requests in

increase

move

need

three

Hpiess,

solicited

signed

the

stockholders

of

group

A.

group

•and

shares

announcement

dissident

The

exchange

an

133,233

by United of 150,322 shares of its common stock in exchange

all

Carlos

through

be

Mr.

$408,071

44,248

24,071

company.

said, "substantiates the
annuities are securities.
guise of insurance and
without
the protection of Federal securities regulation
would result
in injury to
the public—arism
from confusion in the public mind
as
to the product being sold and the type and degree of protection
opinion,"

2,359,285

$305,386

over

jurisdiction

regulatory

$2,767,356

2,378,148

$69,707

'

$2,683,534

261,264

$39,492

ry. oper.

1957—8 Months—1956

$330,971.

-

283,841

Hodge has been a director of this company since November,
was elected Chairman
of the Executive. Committee in April,

Net

Wilkin's

"Judge

To

per

Acquisition

A.

Act."

Mr.

from
assuming
annuities."

'

-

994.

p.

Chairman

and

upon

it

6,682,194

'

,

Mr.

-

position

share earnings of United; increase consolidated working
enable United to participate directly in the growing Canadian

capital;

rule

$9,718,410

8,134,782
.

Westinghouse Air Brake Co.—Chairman of Board—
The
as

Company Act to the contracts

believe,"

barring

ratifi¬
would

urged

acquisition

new

power

-

24,152,397

werei

Funston said, "that protection of the public
requires that the sale of variable annuity contracts be subject to
Federal
securities regulation.
We are gratified, therefore, that the
Securities and Exchange Commission lias decided to appeal the decision

panies.

"increase

regulatory

186,

'

income

oper.

ry.

958,467

$323,333

expenses.

Net

25,801,937

1957—Month—1956

revenue—

—V.

■V

Alabama—Earnings—

of

Period End. Aug. 31—•

the

Berk¬

25-year

/•

...

Ry.

the

$1,449,826 $11,270,010

1,072,489

.

with

of $600,000

1957—8 Mos.—1956

; 3,008,590

$1,342,484

op.

Railway oper.

where

states

other

of

owns

now

of the common
"
• 7

_/•

1096.-

p.

Railway oper.

that, because

held

Court

and

ry.

income

oper,

186,

Western

Commission.

variable

cation

Company

from

rev.

ry.

—V.

permit the Court of Appeals for the District of
the applicability of the Securities Act and the
sold by the defendants.
Funston, President of the New York Stock Exchange, com¬
the
above
announcement
by
the Securities and Exchange
to

Keith

special

a

the

of

Net

Net

will

appeal

"We

United Printers & Publishers,

Investment

the

assumed

had

Investment

per

2165.

p.

the

District

Columbia

market value of
share at Sept. 30,
$90,759,475 or $6.45 per share at the same date in 1956.
1957, net asset value was $96,697,299 or $6.87 per share.

held,

versus

June

—V.

was

indicated

the

United, based on
totaled $88,422,644

of

assets

investments

At

income

investment

net

J 957

of

cents per share versus $2,336,898 or 16.6 cents per
realized gain on investments was $2,835,668 or
share versus $3,441,510 or 24.5 cents per share.
Net

year.

cents

Net

months

nine

18.5

or

last

of

Ltd.

$4,458,416 $37,071,947 $33,870,807

$4,588,624
3,246,140

expenses'

the Insurance Commissioner
the defendants were doing
the contracts and the
defendants, the McCarran Act prohibited Federal regulation.
It, there¬
fore, in what it termed a "split decisian," declined to disturb the
status quo by granting the prayer of the Commission for an injunction.
the

business

last year.

first

£2,606,903
20.2

of

oper.

bring the Variable Annuity Contract within the purpose
ol the Securities Act and the defendants within the

plan

However,

of

5.8

or

quarter

and

terms

gain on investments for the 1957 quarter amounted to
cents per -share, approximately the same as for the

realized

Net

£814,534

or

1781.

1957—Month—1956

Railway

Federal Government.

the

private placement

the

186, p.

revenue-

intendment

and

share last year.

per

to

facts seems

months ended Sept. 30, 1957
share against $776,955 or 5.5

three

cents

for

income

investment

Not

increased

cents

themselves

in

oper.

were

of

Co,

••

Western Maryland Ry.—Earnings—

"the lotric of the law applied to the established

that

Court held

The

by

contracts

their

of

any

Value Off—

Corp.—Net Income Up—Asset

United

them

by

provisions

Oil

than 50^

"

Insurance Co., participated

Life

Co.

bonds.—V.

Railway

Insurance

McCarran-Ferguson

General

Insurance

mortgage

Period Ended Aug. 31—

r.

not subject to the provisions of the Invest¬
It was also argued by the defendants that
Reflation Aci precluded regulation

and

companies

defendants

the

that

Life

first

Company Act of 1940.

ment

1310.

p.

and

1933

the

from

'

Western Carolina Telephone Co.—Private Placement-*.

Net rev. from

issued

contracts

the

exempted

specifically

of

Petroleum Co.

Westates

Connecticut

.

that

contended

defendants

The

,

32,886,495

-

income

Net

Net

—V.

67,648,167

66,887,460

-

"investment

an

Securities

and

reinvesting

investing,

of

Empire

British

Canadian

of the prior preferred shares and more

shire

alleged that the

of

the

I

income taxes

par¬

or

a

also

complaint

$

$

355,523,334 339,096,145 331,264,839

sales
before Federal

in

contracts

Sept. 30,'56

Sept. 30,'57 June 30,'57
$

Income

as

tained

stock.

common

stock ol

contract

profit-sharing agreement and an instrument commonly
a security within
the definition of the term "security" con¬
the Securities Act of 1933 and that the offer and sale of such
was subject
to the registration provisions of that Act.
The

.

Quarter Ended—
Met

known

106,368,516 105,371.084
$3.44
$3.54
$3,51

an

in

ticipation

103,602,870

Earnings per-share——!;—

type investments. The complaint alleger) that the
investment cc-ntract, a certificate of interest

constituted

.1— 102,282,519 108,170,961 105,521,554

income

a

other equity

and

,

.

pay

514,060
series, 620.000 preferred and 1J&0,000 sharps

preferred 4'<.

100',£

registration provisions of the Securities
Company Act of 1940, in connection
described as "variable annuity contracts;"

fixed sum periodically, like issuers of conventional annuities.
Instead, periodic sum varying in amount would be payable depending
Upon the value of an underlying fund invested in common stocks and

to

®

Empire Oil Co. Ltd.

of

corporations

are

*

-

-

the directors au«

The issued and outstanding stock of Westotes now consists of

the

enjoin

to

-

-

meeting,

of 514,000 shares of the newly created

the

contracts

of

sought

which

for

.V

/

.

value.

par

stockholders'

the

following

the issuance

shares prior

Investment

organized under the laws of the District
of Columbia
pertaining to the incorporation of insurance companies
and each has its principal place ol' business in Washington, D. C.
Under its "variable annuity" contracts, defendants were not obligated

205,885,389 214.539,477 210,892,638

—

income taxes

for Fed.

Provision

the

Commission

the

violating

and

sale

the

with

from

1933

of

by

filed

complaint

a

taxes

before Federal income

Income

Co.—SEC Appeals—

this company and the Equity Annuity Life Insurance Co. Tiie
was
entered by Judge Wilkin on Sept. 30, 1957.
It dismissed

defendants
Act

^

-

prior pre¬
ferred stock to Canadian British Empire Oil Co. Ltd. for the $2,570,000
face value 4'«
debentures of Westatss Petroleum, owned by Canadian

against
order

;i" "•

•

,vV;' •!.' •'

m;:.\

\

value to 5,000.000 shares of $1

Immediately
thorized

Exchange

and

Securities

-

approved the authorzation of a new issue
of 1,500,000 shares of prior preferred stock without par value and-an
increase in the authorized common stock from 1,880,000 shares of $1
par

993.

p.

' V

186, p. 4G6.

The stockholders on Oct. 21

"

British

$

*

$2.35

Commission announced on Oct. 21
that it had appealed frcin
the order entered by the U. S. District
Court
for
the
District
of
Columbia in the
action it had brought

J J.-.1,045.939.509 971,373,295 890,515,647

soles

this year.—V.

Debentures—
-

$1,154,382
491,503

$2.34

share—

common

Variable Annuity Life Insurance
The

1955

1956

$

i

$1,170,772
501,333

_—,—i

outstanding

shares

—V.

Up—Earnings Off—

Carbide Corp.—Sales

9 Months Ended

Met

——

—

_

Earnings

$41,132,353 in the third

were

Defendants

Union

1957
1956
$21,534,386 $22,089,130
.-2,109,660
2,074,669
938,888
920,287

—

______

income-——

on

income

Common

quarterly period ended Sept. 30,
1957.
Nine months' net sales to Sept. 30, 1957 were $120,013,496. The
comparable sales for 1956 were $39,922,097 for the third quarter and
5123,520,408 for the nine months ended Sept, 30, 1956.
Net
income
of
the company in the third quarter of 1957, after
provision for taxes, was $4,393,183 or 61 cents per share on 7,282,472
-shares
of
capital stock outstanding Sept. 30.
1957. For the nine
months ended Sept. 80, 1957 net income was $13,531,249 or $1.86 per
*hare on the same number oi shares.
For the quarter ended Sept, 30.
1956 net income was $5,689,745 or 78 cents per share and $16,606,113
equal to $2.28 per share for the nine months ended Sept. 30, 1956
-on
the shares outstanding at Sept. 30,
1957. The earnings for 1956
.included $707,000, equal to 10 cents per share, realized Irom the sale
of the company's interest in Stocker Manufacturing Co.—V. 186, p. 776.
sales

3d—
—_

before Federal taxes

'

-•

distribution,

Westates Petroleum Co.—To Issue Preferred Stock

186, p." 1781.

plan.—V.

Net

Not

Sept.

sales

Income

to .the usual capital gains tax.

will be subject

gain

Any

proposed

December of

Off—Earnings Hold—

Van Raalte Co., Inc.—Sales

with 213,509 shares of its common stock, 89.555 shares
series,
46,860 of Its $4.90 series, and 39,900 shares of
its $5.96 series of preferred stocks which may be purchased pursuant

together

to

the Albuquerque

with

corporation on Oct, 22 filed a registration statement
SEC covering $4,030,000 interests in its Thrift Plan for Employees,

its

fir plywoods, decorative hardwoods, adhesive*.
specialty products for the convenience of lumber dealers
trading area.—V. 186, p. 1380.

and

in

which will be made in a single dis¬
tribution, will be submitted to stockholders for approval at the annual
stockholders' meeting to be held on Jan. 20, 1958,
The stockholders
will be more fully advised about this matter in-the proxy statement
for the annual
meeting which will be mailed in the early part Ol
The

of Weld wood

inventory
Micarta

payment

of gas available from storage.

Mcf per day, exclusive

1,145,000

Tills

of the system from 969,917

the allocated capacity

increase

to

to

This

as a partial
be subject to

not

received.

President
.

the

liquidation. This means that the distribution
ordinary income taxes but- will be treated as
exchange for the shares surrendered.
The share¬
holders will realize gain or loss to the extent of the difference between
the
tax cost
of
the shares redeemed and the amount of the cash

107th

its

sugar

subsidiaries in

company's

the

by

that

proposed

full

Branch—

corporation has selected Albuquerque. N. M., as the site of
distributing branch, according to Monroe W. Pollack, Vicein charge of sales.
new
branch started operations on or about Oct.
15 with an

This

in conjunction with other companies, of new storage
Pennsylvania, the construction of facilities in southern
Louisiana to tap offshore gas reserves in the Gulf of Mexico and addi¬
tional main line pipe which, in effect, will complete the
looping of
the company's main line from the Louisiana Gulf Coast^ to the New
York-New Jersey-Philadelphia area.
These proposed facilities are de¬

operated

Republic.

will

this program -are the

in

Included

$139,000,000.

at

is

purposes,

in

of

formerly

regard

the net/ proceeds from this sale, amounting
to approximately $35,300,000. will be distributed in pro rata redemp¬
tion of a part of the outstanding common stock of the
company.
Mr.
Kilbourne
stated
that
the
Treasury ruling provides
that the
distribution to the stockholders will be treated, for U. S. income tax

production equipment has been by.far
At present, Axelson manufactures petro¬
equipment in the Los Angeles area, and
production in a plant in St. Louis, Mo.

States Plywood Corp.—Opens New

,

announced that a ruling

Oct. 23,

on

the U. S. Treasury Department" with
the net proceeds from the sale of the

from

distribution

the

It

777.

p.

received

Dominican

oil

petroleum

fcr

rods

186,

United

development,
facilities

to

President,

Kilbourne,

I.

been

properties

mortgage,

estimated

entlv

had

earner.

other field

and

pumps

--V.

bank borrowings and general funds of the
company.
1st addition/ according to the prospectus, the company plans
to
file applications with the Federal Power Commission in October.
1957 for further expansion of its-facilities, the cost of which is Pr^"

biggest

division's

leum

Axelson's

that

said

He

estimates that it will spend approximately $60,000,000 after Aug.
in completing construction work which was scheduled at that
elate,
lire funds therefor are expected to be obtained under this financing
withdrawals of certain funds on deposit with the trustee under
1957,

the'company's

Edwin

located

are

Midwest."

pany
31

is

lathes

for

facturers

.

_

,

Monday, October 28, 1957

.

.

Corp.—Partial Liquidation—

West Indies Sugar

explained. "It became clear that since the largest
in the Midwest, and since many lathe manu¬
there, Axelson was running its lathe operation
a t
a
competitive disadvantage on the basis of freight rates alone.
We are sure that this will
be corrected when we remove the lathe
manufacture fiom its present location to the Clearing Division in the

the West Coast." he

Webster Securities Corp. The public offering prices,
are to be supplied by amendment, as is the
interest rate on the debentures.
..
.
'
n
Net proceeds will be aoplied in part to the repayment of all notes
then outstanding under a bank credit agreement, expected to amount
to $26 000,000.
The balance of the proceeds will be added to the gen¬
eral funds of the company to be available for construction.
The com¬
and Stone &

Co

&

.

(1892)

being/ distributed
here

885.

came

from

in this area.
For the past year/ natural gas
the Sail Juan Basin of New Mexico.-^V; 186,
"

•

• •

-

*

UNDERWRITERS—The'obligations
the

respective

their

names

number

below

are

of

shares

subject

to

of

the

of/common

certain

underwriters

stock

to

setftorth

conditions

set

purchase
opposite

forth

in tiie

Volume

Number

186

5685

.

.

The Commercial and Financial

.

Chronicle

(1893)

"

Purchase

Agreement,

Registration
the selling

which

of

copy

a

Statement.

Subject

is

filed

as

compliance

to

exhibit

an

by

the

the

to

and

company

shareholders with the conditions set forth in the" Purchase

Agreement,

the

the shares,

if any are purchased.

underwriters

firmly

are

committed
.*

to

purchase

all

of

debentures

The
107' «r

to

callable

are

plus

100-o,

12 Weeks Ended—

\

/

Bache

Co.__

&

:

Sbnonds

7,500

Co.___

<fc

.Laurence M.

t

Burke

&

MacDonald,

Inc.

Co.__v

House

Emanuel,

&

Co

&

Co.—__
—

•

Miller

i. "Howard,

Weil,

&

Co.,

Reed,

5.000
4.000

Co

5,000

Shepard

&

Friedrichs «fc Co.-

5,000

Hugh Johnson & Co., Inc.

<fc

.

5,000

10,000

Blosser

Straus,

&

1

McDowell
,

C. Langley & Co.v____
V. 186, p. 1380.

Oct.

issue

An

1,

through
Oct. 24.

■'

%>'
%

/

of

1957

The

Ohio

These
:■

'

$250,000

and

due

Underwood,

10,000

Co.,

Inc.__

Neuhaus

5,000

15-year

Company,

debentures
■

1,

V

-

were

•

o"o

1972,

computations

$

$0.42

of

.

>

offering of 10,400 shares of common stock made on
Robert W. Baird & Co. at $20.37! 2 per share was over¬

by

V.

See

186,

1781.

p.

The

5,000

5,000

be

sinking
has

Columbus,

been

Ohio,

first publicly

fund
sold

it

about

on

l-for-7

a

underwritten

Bell

offered

on

15,

of

basis,

by

Farrell.—V.

Ohio

dated

investors

to

sales

The
132,

announced

Aug.

13,

on

1957.

For
to

for

the

Co., Inc.—Plans Financing—

bo

planning

additional

an

with

a

14-day

Milwaukee
p.

nine

$50,691,964 compared

Sales

for

the

$17,010,751
was

to

reported

Nov.

offering

an

standby.

Co.,

Harley

2517.

V

'

to

shares

16,566

The

Haydon

of

its

offering
&

Co.

will
and
V

the

$710,173,

in

months

with

ended

$51,579,891

Sept.
In

the

30,
like

September
the

nine

quarter
were
$14,325,642
September quarter last year.

months

equal,

after

to

Sept.

preferred

30,

1957,,

dividend

net

1957,

'

amounted,

last

Telephone

with

period

income

requirements,

to

amounted

76

Co.—Stock

-

balance

will

incurred

in

be

the

BUSINESS—The

Conn.,

name

not

as

whose

company,

Sept.
compared with

1956.—V.

186,

Offered—The

1781.

p.

com¬

principal

cents

office.?

are

located

in

changed to The Woodbury Telephone Co.
The company
directly or indirectly by any person or corporation.

was

is

controlled

"The

business

of

the

company

is

that

of

furnishing

exchange

.

tele¬

phone
service
in the
major portions of the
Towns
of
Woodbury,
Bethlehem and gouthbury, Conn., and in small portions of the Towns
of
Oxford
and
Roxbury, Conn.
All three of the
company's central
offices

and

company

the

administrative

situated,

land

on

CAPITALIZATION

offices

which

GIVING

are

its

EFFECT

in

owns

TO

buildings
in

—V.

186,

stock
p.

fpar

mortgage

_

•;

make possible the

AMERICAN "FRED CROSS

by

tire

FINANCING

Outstanding

bonds__

$25)__

1548.

owned

fee,

PRESENT

Authorized

first

20-year
Common

yi




ended

originally. Incorporated cn Nov. 23, 1899, in
Waterbury Automatic Telephone Co. In 1910 it.?

■

m

of

number

was

The

_.

help

com¬

1956

proceeds will be used first to repay all out¬
bank loans in the amount of $81,700 and tho
applied to the payment'df" construction bills already
continuation of the company's construction program.

V'

Your Dollars

quarter

$225,840

This
30,
the

on

net

A.

t

of

Sept.

based

the

quarter of

.

A

For

loss

net

year.

compared

a

like

ended

share

short-term

stock¬

common

'

outstanding.

in the

outstanding.

now

months

common

reported

$754,266

PROCEEDS—The

Woodbury,

(Alan) Wood Steel Co.—Reports Loss for Quarter—

debentures
to

is

company

holders

nine

a

,

p.. 1548.

Corp.—Offering Completed—

the

the basis of one new share for each threfc shares held.
The offering is not underwritten.

459

nuniter

now

company

of

shares

common

in

$2.61

is offering to its stockholders of record Oct. 25 the
right to subscribe on or before Nov. 22 for 3,533 addi¬
tional shares of common stock at par
($25 per share) on

$0.32

475

the

upon

to

pany

1,998,135

2

the

Woodbury

4,118,511

;

based

income

*

5,434,074

are

1957,

Sept. 22/56

*'

2,635,526
;

share

Wisconsin Southern Gas

stock

&

Inc

Watling, Lcrchen & Co.__

Aug.

$

696,007
income

shares

common

net

secondary

14

Nit

Aug.

"

net

equal

Connecticut

(W. W.) Williams Co.—Sells Debentures—
!>H

* '

' '

outstanding at the end of each period.—V. 186,

subscribed.

5,000

:

Stroud & Co.,

2,500

W.

of

Earnings Rise—

*.

operation

common

Wisconsin Bankshares
The

7.500
\
'

7,500
:

.

the

on

with

$2,041,754,

2,500

-

.

in

♦Per

Inc. _________.-v-i—4,000
Lear & Co._
7,500

Smith, Hague & Co._

;The Johnson, Lane, Space
Corp.

share

a

standing

Scott, Horner & Co

Labouisse.

from

123,677,654 106,661,380

shares

Saunders, Stiver & Co.
.v
Schwabacher & Co._____2

•

,

Earnings before Federal income Tuxes
Earnings after taxes
(■Earnings per common share

5,000

Hughes

ranging

pares

Sales

Units

Co.,

prices

Sept. 21/57
A

12,500

Raffensperger,
*.

5,000

,

Hallowell. Sulzberger & Co.

Hayden,

Lynch

Jackson &

Inc.___'.

5.000

-

Co._l

&

&

5,000

__

'■Prescott,

Deetjen & Co.2,500

Fusz-Schmelzle

Webber,

' Curtis

2,t»00

vGillen
1

Paine,

7,500

Curtiss,

Leonard

Moore,

2,500

Cruttenden, Podesta & Co.

:!■

2,500

5,000

Crowell, Weedon

*

10,000

2,500

H. M. Byllesbv & Co. (Inc.)

j

Marks & Co.

McDonnell & Co
Merrill, Turben & Co., Inc.

4,000

Ball,. Burge & Kraus
__
5,000
Bateman, Eichler & Co. ,5,000

;

at

"

5,000

____

part

30,

~

Lester, Ryons «fc Co.

in

or

Winn-Dixie Stores, Inc.—Sales &

Shares

Reynolds & Co., Inc._____ 110,500

all

interest.

accrued

PROCEEDS—The net proceeds are to be used to pay for a new
plant
at Cincinnati, Ohio, and to increase working capital.—V.
181, p. 1486.

'

:

_

Shares

} Baker,

57

$320,000
24,000 shs.
:

,

'

14,133 shs..

58

The Commercial and Financial

(1894)

Chronicle

.

Monday, October 28, 1957

.

.

icioY

••

>

DEPARTMENT

STATE AND CITY

.Vtil).

'

ci

<

•

_

;

•

.

V'l

..

t-

•;

NEGOTIATIONS

BOND PROPOSALS AND

i

"

-,w

■'

lie
''

"■

.

Sale

Bond

Fayette County (P. O. Fayette),
Alabama
Sale

Warrant

of

issue

An

—

$300,000, 4% State gasoline tax
anticipation warrants was sold to
Sterne, Agee & Leach, at a price
of 97.76. Dated Sept. 1, 1957. Due
semi-annually
on
January and
July 1 from 1967 to 1969 inclusive.
Interest J-J.
Legality approved

$85,000,000
186, pp.

1311, 1550—were awarded to a
syndicate representing a consoli¬
dation

of

tively,;

headed, respec¬

groups

Bank of America
& Savings Asso¬

the

by

National

Trust

ciation, San Francisco, and Bank¬
ers Trust Co., New York City, as
follows:

Home
at

Loan

of

cost

follows:

as

bonds,

price of

a

interest

ARIZONA

Farm and
series N,
100.0045, a net

Veterans'

$50,000,000

Bradley, Arant, All &
Rose, of Birmingham.
White,

by

The

—

bonds offered Oct. 23—v.

about

3.65%,

$12,600,000 5s due

April 1-from 1959 to 1964
inclusive; $2,300,000 4'As, 'due
on April 1, 1965; and $35,100,000 3'As, due on April 1 from
on

Maricopa County Sch. Dist. No. 63
(P. O. Phoenix), Ariz.
Bond

Clerk
will

Offering
of

Board

Rhea Averill,

—

of

Supervisors,
until

bids

sealed

receive

1966

inclusive.

1978

to

10

35,000,000 State school building
aid bonds, series P, at 100.053,

Nov. 14 for the
of $70,000 building
bonds. Dated Dec. 1, 1957. Due on
July 1 from 1960 to 1973 inclusive.
Principal and interest (J-J) pay¬
able at
the
County Treasurer's

(MST)
purchase
a.m.

on

interest

net

a

of

cost

about

follows: $9,900,000
5s, due on March 1 from 1960
to
1967
inclusive; $1,300,000
3.67%,

as

4s, due on March 1, 1968; and
$23,800,000 3'As, due on March

office.

1 from

1969 to 1984 inclusive.

CALIFORNIA
Veterans
Alameda
and

County, Flood Control

Water Conservation Dist.,

Zone No. 3A

(P. O. Oakland),

California
Bond

G.

Blue,
County Clerk, will receive sealed
bids until 11 a.m. (PST) on Oct.
for

29

the

purchase of $300,000
bonds,
series D.
1, 1957. Due on Dec.

control

Dated

Dec.

1

from

to

1958

issued

bonds,

Veterans'

under
of

Act

Chapter

(Article 5F,

Bond

6,

1956

Division

4, Military and Veterans Code) for
Veterans purposes,

Offering—Jack

flood

the

inclusive.

1987

in the opinion
of counsel are general obligations
of the State of California payable
in

with

accordance

Bond Act of
eral

Fund

faith

1956 out of the Gen¬

of

the

credit

and

California

Veterans'

the

are

State.

of

full

The

the

State

pledged

of

the

for

able at the County Treasurer's of¬

punctual payment of both prin¬
cipal and interest. The bonds ajre

fice.

authorized for the purpose of as¬

Principal and interest (J-D)

pay¬

Legality approved by Orrick,
Dahlquist,
Herrington
&
Sutcliffe, of San Francisco.

Areata

School

Humboldt

District,

basis.

County, Calif.
Bond

Jr.,

Offering—Fred J. Moore,

County

will

Clerk,

receive

sealed bids at his office in Eureka
until 2 p.m.

(PST)
purchase of

the

building
1957.

1963

Oct. 28 for

$5,000 school
Dated Oct. 15,

bonds.

Due

on

Oct. 15 from 1959 to

on

inclusive.

sisting California war veterans to
acquire farms and homes, the cost
of which must be repaid to the
State on an amortized purchase

Principal and in¬

terest

(A-O) payable at the
County Treasurer's
office.
Le¬

State School

issued

under

cordance with

their terms

out of

gality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of

the

San

the State of California is pledged
for the punctual payment of both

Francisco.

Arden-Carmichael Union Sch. Dist.,
Sacramento County, Calif.
Bond Offering—Henry H.

Dick,

General

and

the

Fund

of

faith

and

full

the

State,

credit

of

principal and interest. Under the
enabling statute the State is obli¬
gated to collect annually, in the

County Clerk, will receive sealed
bids until 10 aim. (PST) on Oct.
30 for the purchase of $300,000
school bonds. Dated Dec. 1, 1957.

same

Due

and

at

the

as

on

1

Dec.

from

1959

inclusive.

Principal
payable
at

(J-D)

and
the

to

1982

interest

County
Treasurer's office.
Legality ap¬
proved by Orrick, Dahlquist, Her¬
rington & Sutcliffe, of San Fran¬

manner

California
Bond

Offering—A.

Mallagh,
County Clerk, will receive sealed
bids

at

his

office

in

San

Obispo until 2
4

for

the

p.m. (PST)
purchase
of

on

Luis

Nov.

$50,000

school bonds.
Due

on

Dated Jan. 2, 1958.
Jan. 2 from 1959 to 1974

inclusive.

Principal

(J-J)

payable
at
Treasurer's office.

and

interest

the

County

Bellflower Unified School
District,
Los

Angeles County, Calif.

Bond Sale—The $100,000 build¬
ing bonds offered Oct. 22—v. 186,
p.

1422—were awarded to Shear-

son, Hammill &
& Co., jointly, as

Co., and Taylor
4&s, at 100.13, a

basis of about 4.23%.




Co.; Hay den, Stone & Co.; Hemp¬
hill, Noyes & Co.; Hornblower &
Weeks; Laidlaw & Co.; Lee Higginson Corporation; Carl M. Loeb,
Rhoades
Co.; F. S. Moseley &
Co.; National State Bank, New¬
ark; John Nuveen & Co. Inc.; L. F.
Rothschild
&
Co.;
Schoellkopf,
Hutton
R.

&

Staats

Pomeroy, Inc.; William
&

Stroud & Com¬

Co.;

Incorporated;

pany

Andrews

&

Wells, Inc.; Bache & Co.; Baxter
& Co.; A. G. Becker & Co.; J. C.
Bradford
&
Co.; Branch Bank¬

ing & Trust Company; Braun, Bosworth & Co. Incorporated; Coffin
&
Burr Incorporated; Francis
I.
duPont
F.

E.

&

Co.;

Co.;

Hutton
&

The

Estabrook

.&

Company; W. E.
Kean, Taylor &
Marine Trust Company

Laurence

M.

Morton

Roosevelt

Co.;

Co.;

of Western New

H.

&

&

Co.;

W.

City,

Dougherty

Co.;
Co.;
Field,
Richards & Co.;
Fulton
Reid & Co., Inc.; Ginther & Com¬
pany; Granbery, Marache & Co.;
Hill Richards & Co/ J. A. Hbgle
& Co.; McCormick & Co.; McDon¬
ald-Moore & Co.; Mullaney, Wells
& Company; W. H. Newbold's Son
& Co.; D. A. Pincus &• Co.; Singer,
Deane & Scribner; Stubbs, Smith
& Lornbardo, Inc.; Talmage &'Co.;
Thomas
&
Company; Chas.
N.
Tripp
Compapy;
Anderson
&
Strudwick; Allan Blair & Com¬
pany; Brush, Slocumb & Co., Inc.;
Cunningham,
Schmertz
&
Co.,
Ins.; Ernst & Co.; Folger, Nolan,
Fleming-W. B. Hibbs & Co., Inc.;
Bank

Garrett-Bfomfield
Garrett &

Hooker

&

&

McDonnell

pany;

waukee

&

Co.,

Co.;

Robert

& Com¬

& Co.; Wm. J.
The Mil¬

Inc.;

Company; J. A.

.

National Bank, Charlottes¬
ville, Va.; Pierce, Carrison, Wulbern, Inc.; Piper, Jaffray & Hopwood;
The
Robinson-Humphrey
Company, Inc.; Rockland - Atlas
National Bank of Boston; Schaffer, Necker & Co.; Seasongopd &
Mayer; Shaughnessy & Company,

Mo.;

Commerce

Trust

Company, Kansas City, Mo.; R. S.

Bond

Dickson

&
Company
Incorpo¬
rated; Eldredge & Co. Incorpo¬
rated; Fitzpatrick, Sullivan & Co.;
Geo. B. Gibbons & Company In¬
corporated; Gregory & Sons; Ira
Haupt & Co.; Hirsch & Co.; The
Illinois Company Incorporated; A.
M. Kidder & Co., Inc.; Wm. E.
Pollock & Co., Inc.; F. S. "Smithers & Co.; Spencer Trask
& Co.;
Trust Company of Georgia; Wa¬

Investment

&

Company; Stein Bros.

Boyce; Stix & Co.; Stranahan,

Harris and Company; Sturo Bros.
& Co.;

providing

for

Baird &

Watts &

pany,

lected, such sum in addition to
the ordinary revenue of the State
shall be required to pay prin¬
cipal and interest on the bonds
the

as

bonds

become

same
were

electorate
purpose

on

of

due.

authorized

construction

in

by

aid

The

the

the

The

First

National City Bank
York; The Chase Manhat¬
Bank;
The First
National
Bank of Chicago; Halsey, Stuart
& Co. Inc.; Blyth & Co.
Inc.; The

of New

tan

Co., Incorporated; Baker,
Co.; Barret, Fitch, North
&
Co.; William Blair & Com¬
pany;
Bramhall, Fallon & Co.,
Inc.;
Dempsey-Tegeler
&
Co.;
First Southwest Company; King,
Quirk & Co. Incorporated; Mer¬
cantile-Safe
Deposit and
Trust
Company; National Bank of Com¬
merce

of

Seattle; Newhard, Cook

& Co.; New York

First

poration;

man

Schwabacher

Boston Corporation; HarriRipley & Co. Incorporated;
Harris Trust and Savings Bank;
Smith, Barney & Co.; Lehman
Brothers; American Trust Com¬
pany,
San Francisco;
Security-

First

geles;

National

Bank

California

of

Los

Bank

An¬

of

Los

Angeles; Drexel & Co.; Glore,
Forgan & Co.; Chemical Corn Ex¬
change Bank; C. J. Devine & Co.;
Continental Illinois National Bank
and Trust
Company of Chicago;
The

Northern

Trust

Company;

Brothers

The
&

Hanseatic Cor¬

Ohio

Company;

&

Co.;
Stern
Co.; Stone & Young-

Salt Lake City, Utah; Davis
Skaggs & Co.; The First Cleveland
Corporation; Green, Ellis & ^An¬
derson; Janney, Dulles & Battles,
Inc.; Lucas, Eisen & Waeckerle
Incorporated; Lyons & Shafto In¬
corporated;
McMaster
son
&
Co.; Mitchum,

Templeton;
tional

cific
man

Hutchin-;
Jones

o&AMjrmeapolis;:

&

Co.; Stern, Frank, Meyer & Fox;
Irving Co.; Ar¬
nold & Crane; ,JTred D. Blak-e &

school/'

Oct.

22—v.

awarded

to

186,

a

tion, Sah Francisco, Dean Witter
& Co., H. E. Work & Co.. Lawson,.

price of 100.01, a net -in-/.<

Co., at

a

terest

cost

of

4.20%,

about

Due on Feb. 15, 1968, J
.7
7 " <V>

$19,000 5s.

1969.

and

Due

,83,000 4s.
,.,1971

Feb. 15 from" '

on

1977 inclusive.

to

Due on Feb. 15 frOmV

44,000 4'/4S.

,

1978 to 1981 inclusive.

School

Cutten

19707^

Due on Feb. 15,

*12,000 4%s.

^

7?

Humboldt

District,

County, Calif J
Offering—Fred

Bond

Moore/k

J.

County Clerk, will receive sealed"1
bids at his office in Eureka untiW,
2

(PST)

p.m.

28 for theT

Oct.

on

purchase of $42,000 school build4>k

Dated

bonds.

ing
Due

Principal

payable

(M-N)

1957M

15,

Nov.

1980^

15 from 1958 to

Nov.

on

inclusive.

interest}'

and

the County^
Legality ap¬

at

Treasurer's

office.

proved by
Herrington

Orrick, Dahlquist,
& Sutcliffe. of San

Francisco.

Los

Calif.

County,

Angeles

offered

bonds

building

Oct. 22—s

186, p. 1422—were awarded td
Blyth & Co., Inc., and William R.l
Staats & Co., jointly, as 4Vis, at 7
100.98, a basis of about 4.13%.
V,
v.

Hayward School Districts, Alameda
County, Calif.
Offering—Jack

Bond

Blue,

G.

County Clerk, will receive sealed
bids at his office in Oakland, unT
til

10

(PST)

a.m,

Nov. 5 for

on

school

the

purchase of" $1,499,000
bonds, as follows:
District

bonds., Due

from

15

1958

sive.

-

99,090 School

to

7

on

.

from

1959 to

bonds

The
1957.

are

dated

Dec.

15,

Principal and interest (J-D)

payable at the County Treasurer's
office. Legality approved by Or¬
rick,
Dahlquist,
Herrington
Sutcliffe, of San Francisco.
LaHabra School District,

&

Orange

County, Calif.
Sale—The $150,000 school

Bond

v.

186,

the

offered Oct. 22—
1675—were awarded to

bonds

building
p.

Bank

of

America

National

&

Savings Association, of
San Francisco, as
at 101.77,

Trust

ing bonds offered Oct; 8—v.

Corporation;

1983

inclusive.

corporated; Fauset, Steele & Co.;
The First of Arizona Company;
First of Texas Corporation;* Foster
& Marshall; Frantz Hutchinson &

Securities

"

.

LaVerne

Co.; J. B. Hanauer & Co.; Inter¬

Dec.

inclu^

1982

District bonds. Due

Dec. 15

on

School

Union. High

$1,400,000

Co.; Dwinnell,■*Harkness & Hill
Incorporated; Ellis & Co.; Cle¬
ment A. Evans & Company In¬

state

^

school

Sale—The $200,000

Bond

: 7/u

Dist.,

Sch.

High

Union

Monte

77/;'...

7

•

,

El

J. S. Strauss & Co.; Taylor and
Company; Tripp & Co., Inc.; Van
Alstyne, Noel & Co.; Chas. *E.
Weigold & Co. Incorporated; Rob¬

Winthrop
&
Co.;
Wood,
& Co.; A. G. Edwards
& Sons; Glickenhaus & Lembo;
G. C. Haas & Co.; Hannahs, Ballin
& Lee; Lawson, Levy, Williams &
Stern; Irving Lundborg & Co.;

l*

,

The Weil, Roth &

Struthers

as

follows:

berg;

ert

y

f

Levy, Williams & Stern, Stone & L
Youngberg, and C. N. White &

Northwestern

Na¬
Pa¬
Company; Rod¬
Renshaw; Scott, Horner &

Bank

offered

&

Northwest

f

"

SaJ%—The $158,000

1675—were

Continental Bank and Trust Com¬

State,
repaid,
in whole or in
part, by the dis¬
tricts receiving aid.

is col¬

revenue

jtoX

Alameda

District,

p.'°
group'r
composed of Bank of America Na-?5*
tional Trust & Savings Associa-^
bonds

ples

Inc.; Herbert J. Sims & Co., Inc.;
John Small &
Co., Inc.; Soden

Sch.

County, Calif.

& Co.; Park, Ryan, Inc.; The Peo¬

Incorporated;

:•>

■'

'

Centerville

Overton

Incorporated;

Cross,

&

Co.; Boettcher and «
Company; I. L. Brooks Securities^,
& Co.; Doll & Isphording, Inc^p
Ferris
&
Company- W a 11 e
Woody & Heimerdinger; Wilson«i
Johnson & Higgins.
- -

&

Sons; Goodbody & Co.;
Fay: Kalman & Com¬

Inc.; A. E. Masten

pany,

C. N. White &

Trust

and

Co.,

&

Shearson, Hammill & Co.: Tucker,
Anthony & R". L. Day; B. J. Van
Ingen & Co. Inc.; Bacon, Stev¬
enson
& Co.; Bacon, Whipple &
Co.; Barr Brothers & Co.; City
National Bank & Trust Co., Kan¬
sas

Webster

Federation

Mericka

York;
Marks

A.

chovia Bank and Trust Company;
G. H. Walker & Co.; Robert W.

other state

as

Other members of the syndicate:

E.

Newark; First of Michigan
Corporation; First Western Bank
and Trust Company; Hallgarten &

^

Co., Inc.; Merrill, Turben & Co.f ^
Inc.; Penington, Colket &, Co.;
Prescott & Co.; H. V. Sattley
Co., Inc.; Walter Stokes -Com-- r
paay; Wagenseller & Durst, Inc.; i

.

pany,

&

nus

!

Cosgrove & Miller; Mag-;J);
Company; J. Earle May &1

Jones,

Union

Nov. 2, 1954 for the

time

same

the amounts thereof to be

Arroyo Grande Union High School
District, San Luis Obispo County,

Moore,
& "Co.;

Thornton, Mohr & Farish;
Townsend, Dabney and Tyson;
Westheimer
&
Company; J, C.
Wheat & Co.; Winslow, Cohu &
Stetson; Arthur L. Wright & Co.,
Inc.; Zahner and Company; Bosworth, Sullivan & Company, Inc.;
Burns, Corbett & Pickard, Inc.;
Channer Securities Company; The

school

cisco.

Roland /& Stone;
& Lynch; Rand

Rauscher, Pierce & Co., Inc.; Rerpublic National Bank of Dallas;
Shuman, Agnew &. Co.; Stern,
Pierce, Fenner & Beane; Blair & Lauer & Co.; Third National Bank
Co. Inc.; Weed en & Co. Inc.; in Nashville; R. D. White & Com¬
The First National Bank of-Bos-r pany; Wood, Gundy ,& Co*) Inc.;ton; The First National Bank of H. E. Work & Co.; Auehincloss,
&
Redpath;
C.
F.
Portland, Ore,; The Philadelphia Parker
National Bank; Seattle-First Na¬ Childs & Co., Inc.; City National
tional Bank; Equitable Securities Bank & Trust Company of Chi¬
Corporation;
Stone &
Webster cago; Julien Collins & Company;
Securities Corporation; Dean Wit¬ Courts &
Co.; Cruttenden, Podesta & Co.; Shelby Cullom Davis
ter & Co.; Phelps, Fenn & Co.;
White, Weld & Co.; Salomon Bros. & Co.; Elkins, Morris, Stokes &
& Hutzler;
Co.; Fahey,' Clark & Co.; Dittmar
& Company, Inc.; The First Na¬
R. W, Pressprich & Co.; Paine,
Webber, Jackson & Curtis; Mer¬ tional Bank of Memphis; Free¬
cantile Trust Company; Shields & man & Company; Hayden, Miller
Company;
Reynolds
& / Co.; & Co.; Kenower, Mac Arthur &
Crocker-Anglo National Bank; J. Co.; McDonald & Company; The
Barth &
Co.; Ladenburg, Thal- National City Bank of Cleveland;
mann & Co.; American Securities
Raf'fensperger, Hughes & Co., In¬
Corporation; Alex. Brown & Sons; corporated; Reinholdt & Gardner;
Clark, Dodge
&
Co.;
Dick & Rippel & Co.; Ryan, Sutherlahd i&
Merle-Smith; Dominick & Dom- Co.; Stephen's, Inc.; Atkinson and
inick; Fidelity Union Trust Com¬ Company; Blunt Ellis & Simmons;
oody

Hutton

Building Aid bonds,
the
provisions of
State School Building Aid Bond
Laws
of
1954
(Chapter 23, Di¬
vision
3,
Education Code)
for
school purposes, in the opinion of
counsel are valid and legal bind¬
ing
general
obligations
of the
State of California payable in, ac¬
.

Sachs & Co.; Kidder, Pea&
Co.;
Eastman
Dillon,
Securities
&
Co.;
Bear,
Stearns
&
Co.; Merrill Lynch,

man,

Model,
Leonard

Vy-V-.;

:

:

Company; Gold¬

R. H. Moulton &

(State of)

California

"jb

•

.

ALABAMA

£

-yim:

'

•'

a

basis of about 4.06%.

City School District,

Los

Angeles County, Calif.
Bond

Sale—The

build¬
186,
p. 1202—^were awarded to the Se¬
curity-First National Bank of Los
Angeles, as 4'is, at 101.23, a basis
of about 4.34%.

$38,C00

;

Volume

5685

Number

186

The Commercial and Financial Chronicle

.

.

.

the

Lemoore, Calif.
Bond

Offering —R;

Nov,

clusive.

from

1

Bonds

;

thereafter

1958

callable

are

of Nov.

as

' Legality

office.

urer's

Anna

approved

ihe

Dahlquist, Herrington
Sutcliffe, of San Francisco.

&

Los

h^Santa

.

bonds.

system

1, 1957. Due

Dated

Interest

Pacific Union School District,

f

Humboldt County, Calif.
•'

Oct.

ufacturers

(PST) on Oct. 28 for
purchase of $248,000 school

Sav¬

building
1957.

Dated

Nov.

on

Nov.

15,

,

from

1958

Principal

inclusive.

1977

to

.

bonds.

Due

1

<

and

15

(M-N)
payable at the
5s, Due on Oct. 1 from, interest
County Treasurer's office. Legal¬
'?
1958 to 1964 inclusive.
10,000 4Vis, Due on Oet. 1, 1965: ity approved by Orrick, Dahlquist,
80,000. 314s. Due on .Oct. 1 from Herrington & Sutcliffe, of San

$70,000

1966

'

1971

to

inclusive.

?

Francisco.

:

>

165,000 3r2S. Due on. Oct. 1 from,
1972 to 1982 inclusive.

Oct.'1, 1957..,-; Principal
and interest (A-G) payable at the
County Treasurer's office.. Legal¬
ity approved by Orrick, Dahlquist,:
Herrington & Sutclifl'e, of San
Francisco.
V
"
^
Dated

Unified Sch. Dist.,
County, Calif.
Offering—Fred J. Moore,

Due

15 from

Principal
payable at

(A-O)

receive

will

Clerk,

County

Jr.1,

Oct.

on

inclusive.

1972 to

1975

interest
County

and
the

Treasurer's office.

sealed bids until 2 p.m.

(PST) on
Oct. 28 for the purchase of $100,Due

1957.

at

office.

Treasurer's

til

Alameda

School

District,

Sale—The $115,000

Association,

4.52%,
due

cost

as

1

follows:

$63,000

4,/2S,,due on Dec. 1 from

1975

about

{"•

y
('■

follows:

as

000 4l'4S, due on Dec. 1
1969
to
1974 inclusive;
4%s,

$11,000
*■<

4.51%,

from 1975 to

on

and

Dec.

1

1982 inclusive.

Mirada

I or walk ~La

District,

due

from

City School

Bond

186, p.
group

Oct. 22—
1422—were awarded to
composed of Bank of

Securities &

Co., Stone &
Youngberg, Hill Richards & Co.,
C. N. White & Co., and Fred D.
BJake & Co., as 4y4s, at a price
a

Oakhurst

basis of about 4.17%.

Union

Madera

School

District,

Calif.

County,

Co.,

until 10

a.m.

(PST)

on

Oct. 28 for




approved, by

Caldwell, Marshall,
Mitchell, of N. Y. City.

re¬

office

school

Champaign County School District
No. 116 (P. O. Urbana), III,
Bond

Offering—H.

T.

Scovill*
Secretary of Board of Education,
will

receive

sealed

bids

until

10

(CST) on Nov. 2 for the pur¬
chase of $424,000 building bonds.

a.m.

Dated Dec.

1, 1957. Due on Dec. 1
from 1959 to 1974 inclusive. Inter¬

s

Certificate

Offering — Carl S.
City Comptroller, will

Chatters,

sealed

(CST)

of

bids

Nov.

on

chase

Dec.

until

13

for

1

10

a.m..

the

pur¬

$20,000,000 water works
certificates

Dated Dec.

ness.

from

of

indebted¬

1, 1957. Due

1963

to

on

inclu¬

1982

sive.

of

bonds.

the

above-

the

City's

fiscal
City. Legal¬
ity approved by Chapman & Cut¬
ler, of Chicago.

agency in New York

Bond
ler

offered

I.

100.25,

duPont

Oct.

H.

Chatters

will

Co.,

4s,

as

No.

130

(P.

Offering

Bond

Board of School
ceive

sealed
on

Trustees, will

bids

until

1

Dec.

1,

bonds,

10

J.
re¬

a.m.

follows:

as

county hospital

1970

from

Dec.

1

from

to

county
Due

court

from

1

tion

Home)

Dec.

1 from

bonds.

Forest
1

Due

on

1977 incl.

1958 to

County

5,600,000
Dec.

Audy Home

(Juvenile Deten¬

Home-Oak

Institutions.
from 1958 to

Due

on

1969 incl.

Dec.

1, 1957.
Principal
and interest (J-D) payable at the

—

The

Cutler, of Chicago.
Additional

$58,491.28

Barrett

FLORIDA
Florida State

Bids

will

$395,000

be

building bonds,

Sunshine
of

revenue

Parkway—

the

Sunshine

fiscal

period

ending

Sept.

amounted to

$2,181,470.33, Thomas
B. Manuel, Chairman of the Flo¬
rida
State
Turnpike
Authority,

vehicles

County, Calif.

Sale—The $124,000

1676—were awarded to J. Barth'

& Co.

carrying

1,690,863

more

of

■

Bond Offering—Eugene D.

Wil¬

Since

pike Jan.

opening of the turn¬
26 a total of 2,595,421
an

7,786,263 passengers
114,680,927 miles.

a

the turnpike which

on

fatality

rate

vehicle

miles

and

until
19

7,
to

2:30

p.m.

(PST) on
$19,Dated

for the purchase of

school

building

bonds.

1958. Due on Jan. 7 from
1977 inclusive. Principal

interest

(J-J) payable at the

County Treasurer's office.

estimated

total

of

tional
free

rate

of

2.6

per

makes the

100,000,000

compared
6.4

last

to

year

a

on

na¬

net

September,
Turnpike
$308,346.80 with
revenue of $208,276.87.
In that
revenue was

period

239,974

Due on

vehicles

carrying

about

3.48%,

1958

1963 inclusive.

to

135,000 3V2S. Due on Nov. 1 from
1968 inclusive.

80,000 3.60s. Due on Nov. 1 from

No.

1972 inclusive.

to

Whiteside

County

Offering

Bond

man

DuPage County School District No.
44

(P. O. Lombard), III.
Offering

—

Secretary of Board
will

receive

sealed

Eva

Schultz,

bids

until

8

(CST) on Oct. 30 for the pur¬
chase of $270,000 general obliga¬
tion school bonds. Dated Dec. 1,
p.m.

Due

1957.

on

Principal

and

in¬

(J-D) payable at a bank or

in Chicago as may
be mutually agreed upon between
the

purchaser

and

the

District.

Legality approved by Chapman &

Cutler, of Chicago.

(P. O. Alton), III.
Offering

Renkes,

(CST) on Oct. 31 for the pur¬
$545,000 school building
bonds. Dated Dec, 1, 1957.
Due
Dec. 1 from 1958 to 1974 inclu¬

on

sive, Principal and

interest (J-D)

payable at a place of payment mu¬
tually agreed upon between the
purchaser and the Board of Edu¬
cation.
Legality
approved
by
Chapman & Cutler* of Chicago.

Winnebago County School District
No. 113 (P. O. Rockford), III.
Sale—The $179,000

Bond

school

building bonds offered Oct. 23—
v.
186, p. 1783—were awarded to
Quail & Co., and White-Phillips
Co., jointly.

,

.

...

INDIANA
Griffith

School

Sale—The

Bond

improvement
21—v. 186, p.
the

Gary,

Town,

Ind.

$45,000 school

bonds offered Oct.
1783—were awarded

National Bank, of
3V2S, at 100.04, a basis of

Gary

as

about 3.48%.

Creek

Honey

Township

School

Building Corporation (P. O.
Terre Haute), Ind.
Offering—Gale W. Clark,

Bond

Secretary, will receive sealed

bids

(CST) on Nov. 5 for
purchase
of $805,000 first
mortgage revenue bonds.
Dated
Nov. 1, 1957. Due on July 1 from
1960 to 1987 inclusive. Callable on
until 2

p.m.

the

1, 1964. Principal and inter¬
(J-J) payable at the Merchants
Bank, of Terre Haute.

Jan.

Alton
11

Community Unit Sch. Dist. No.
Bond

G. D.

—

chase of

Dec. 1 from 1959 to

inclusive.

1976

terest

District

a.m.

to

of Education,

School

(P. O. Morrison), III.

62

Secretary of Board of Education,
will receive sealed
bids until 9

Legality approved by Chap¬
& Cutler, of Chicago.

fice.

follows:

as

$134,000 3 V4 s. Due on Nov. 1 from

Principal and interest (J-D) pay¬
able at the County Treasurer's of¬

Madison and Jersey Counties,

During
total

voting machine

Dated Dec. 1, 1957.

all

highways.

$349*000 school
offered Oct. 17—
v.
186, p. 1676—were awarded to
White-Phillips Co., Inc., at a price
of 100.05, a net interest cost of
Bond Sale—The

building bonds

Mr.

sealed

trust company

There have been three fatalities

sealed bids

Nov.

5,-

total

the

liams, County Clerk, will receive

pt his office in Santa

a

78,031,309 miles.

vehicles have carried

Wright School District, Sonoma
County, Calif.

than

000,000 passengers traveled

—

receive

time for the pur¬

Dec. 1 from 1958 to 1977 inclusive.

Bond

period

that

During

San

build¬
ing bonds offered Oct. 22—v. 186,

000

30

Offering
will

same

chase of $1,500,000
bonds.

announced.

Woodside School District,
Mateo

Turnpike Authority

State Parkway for the six months

County, Calif.
—

Total

on

also

bids at the

(P. O. Fort Lauderdale), Fla.
Report

High School District,

Offering

of

Bond

&

City.

it is reported.

p.

County
Treasurer's "office.
Le¬
gality approved by Chapman &

Wilmington.
Legality
by Reed, Hoyt, Wash¬
McCarthy, of New York

in

No, 69 (P. O.
Bradford), III-

house

Dec.

on

approved

aware,

Twp. High School

District

1958 to 1977 inclusive.

for Children

"Dated

by
St.

bonds.
1958

1958 to 1977 inclusive.

1957.

Educa¬

of

Stark, Bureau and Marshall

1969

1,700,000 Arthur J.

p.m.

Board

Legality approved
&
Trauernicht,
of

Louis.

inclusive.

1

Nov. 12 for the purchase

building bonds.
Due on Dec.
1 from 1958 to 1979 incl. Principal
and interest (J-D) payable at the
Dated

will

2,800,000 criminal court and jail
building bonds. Due on Dec.

re¬

of $220,000 school

until

Edward

until

on

bonds.

— J.
Raymond
Chairman of .the

—

Clerk,

bids

the

and

chaser

1964 to

Offering

Jr.,

(J-J) payable at a place mutually
- upon,
between the pur¬

agreed

Nov. 7 for the purchase

on

1,300,000

O.

received

Due

Wilmington 5), Del.

Frederick,

Bond Offering —Leonard M.
Wilkey, Secretary of Board of
Education, will reecive sealed bids
until 8:30 p.m, (CST) on Oct, 29
for the purchase of $690,000 school
buUdipg bonds. Dated Nov. 1,1957.
Due pn Jan. 1 from 1959 to 1973
inclusive. Principal and interest

announces

purchase of $25,-

County

sealed

$7,800,000

County, Oak Grove

Dist.

be

the

for

$19,200,000

22—

basis of about 3.97%.

a

Castle

Sch.

&

High School District No. 115
(P. O.) Chillicothe), III.

Counties

County (P. O. Chicago), III.

(CST)

186,'p. 1550—were awarded to

v.

Peoria and Marshall Counties Twp..

Offering—City Comptrol¬

Carl

ceive

of

Sale—The $210,000 school

bonds

at the
Northern Trust Company, of Chi¬
cago. Legality approved by Isham,
Lincoln & Beale, Qf Chicago.

Chicago Board of Education, III.

Barrett,

Bond

in¬

payable

Charles

Bond

Wilmington), Del.

Feb. 1 from 1959 to

on

(F-A)

tion.

at

or

Cook

New Castle County, Richardson
Parh District No. 20 (P. O.

building

terest

Principal and interest (J-D)
payable at the City Treasurer's

DELAWARE

•i

Due

inclusive. Principal and

1973

i

-"

Chicago, 111.

000,000 school building bonds.

j

of $1,500,000 sew¬
disposal bonds. Dated Nov. 1,

1957.

est J-D.

gality

by
attorneys.

Bond Offering—Mark; H. Beau-

bien, Secretary of Board of Trus¬
tees, will receive sealed bids un¬
til 11 a.m. (CST) on Nov. 5 for
age

17

approved

Shore Sanitary District
(P. O. Waukegan), III.

the' purchase
ILLINOIS

bids

mentioned

North

Treasurer's

office, or at the Chase Manhattan
Bank, New York City. Legality
Trimble &

Chicago.

interest

and

City

Dec.

6s, at a price of 102.62.

as

chase

1959

sealed bids at his office in Madera

$274,000

Parking

Bond

Jan.

will

the

Farmers Bank of the State of Del¬

1 from

District No.
1
bonds offered
Sept.' 16 were
awarded to the First
California

receive

County- Clerk,

Sale

Vehicle

'Bond Offering—Erma E. Cheuv-

ront.,'

from

1

Santa Ana, Calif.

Bond

*

Rosa
_

•

Savings

of
San
Francisco,
Blyth & Co., Inc., Merrill Lynch,
Pierce, Fenner & Beane, J. Barth
& Co., Wm. R. Staats & Co., EastAssociation,

1.00.08,

Dec.

received until Jan. 6 for the pur¬

America National Trust &

of

from

the

(J-D) payable at a Chicago
banking institution designated by
Legality ap¬
proved by Chapman & Cutler, of
the successful bidder.

of Jan.

as

burn
'

Los Angeles County,

San H. E. Work &
Dillon, Union
o.,

on

Due on Dec.
1982 inclusive.

San Bernardino

bonds offered

v.

Due

Terrace Union

Sale—The $825,000 school

a

1

Dec.

.

California

building

on

1958 to 1964 inclusive.

4s.

19.71 to

$22,000 5s, due on Dec. 1 from
1958 to 1968 inclusive; $12,-

at

Callable

Principal
at

1,

Jan. 1 from 1959 to

on

that

&

1965 to 1970 inclusive.

45,000 Series D bonds at a price
of 100.26, a net interest cost
of

bids

(EST)

Due

«

1968.

utilities

Dated Jan.

Dated Dec.

Due on Dec. 1 from 1958
to 1977 incl. Principal and inter¬
est

11

the

for

$30,000,000
bonds.

1995 inclusive.

1,

until

7

Dated Nov. 1, 1957. Due on Nov. 1
from 1958 to 1976 inclusive. „ Le¬

p.

Blyth

to

186,

107,000 4Vis.

inclusive.

to 1982

of

New

;

.

5s.

54,000

$19,000 V

and

inclusive;

1974

.

Ralph E. An¬

Town Treasurer, will
sealed

chase

District,

22—v.

awarded

.

from

due .on

t

Oct.

offered

1675—were

inclusive; $18,000 41/4s,
Dec. 1. from 1969 to

1968

School

Co., Inc., and R. H. Moulton & Cof,
jointly, at a price of 100.007, a net
interest cost of about 4.26%, as

to

—

Day, Berry & Howard, 750 Main
Street,
Hartford,
until
noon
(EST)
on
Oct. 30 for the pur¬

Sale—The $224,000 school

Bond

about

1958

from

Offering

Francis

Lorenzo

San

bonds

fallows: $33,000 5s,

Dec.

on

of

Dec.
15,
15 from 1958
Principal and

Alameda County, Calif.

$70,000 Series A bonds at 100.14,
interest

thony,
ceive

at
'

Dpan Witter & Co., H. E. Work &
Co., Lawson, Levy, Williams &
Stern, Stone. & Youngberg, and C.
N. White & Co., as follows:
net

inclusive.

1977

Francisco,

San

Bond

Dated

Dec.

on

Francisco.

of America. National Trust & Sav¬

a

bonds.

payable
at
the
County Treasurer's office. Legal¬
ity approved by Orrick, Dahlquist,
Herrington & Sutcliffe, of San

school
building bonds offered Oct; 22—
v.
186, p. 1675—were awarded to
a
group
composed of the Bank
ings

un¬

Due

will receive sealed

1, 1957.

office,

Mansfield, Conn.

interest ' (J-D)

Calif.

County,

Paasch,

•

tl,000,000 to C. J. Devine & Co.,
; t
at 2.60%. Dated Oct. 29, 1957
; - and due Aug.
15, 1958.

(PST) on Oct. 29 for
purchase of $900,000 school

1957.; Due

Eden

Calif.

W. T.

1958.

system

•

a.m.

building
to

Bond

11

the

Francisco.

Mount

—

bids at his office in Martinez

the
Le¬

gality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of
San

Offering

County Clerk, will receive sealed

Principal and in¬

payable

(M-N)

County

Bond

Nov. 15 from 1958 to

on

inclusive.

1977

terest

Contra Costa County,

15,

Dated Nov.

school bonds.

000

Richmond Union High School Dist.,

of

bids

Nov.

on

revenue

195&

$70,000
school bonds. Dated Oct. 15, 1957.

Humboldt

purchase
tax

sealed

(EST)

a.m.

Haven Trust
Co.,
Haven, at 2.55%. Dated
Oct. 29, 1957 and due Aug. 15,

New

New

Nov. 5-for the purchase of

Math-Trinrty

will receive

receive

and

!

scaled,bids at his office in Santa
Rosa ,until .2:30 p.m. (PST) on

to

18, 1958.
1,000,000 Turnpike notes to Union

r

J Bond Offering—Eugene D. Wil¬
liams, County Clerk, will receive

notes

i,

,

•

Bond

.

•

Petaiuma City School District,
Sonoma County, Calif.
'

'

"Turnpike

Guaranty
Trust
Co.,
New
-York City, at 2.64%.
Dated
Oct. 29, 1957 and due June

;

-

Trust

Co., 1 New
York City, as follows: $1,000,000,
due June 16,
1958, at
3.45% interest; $1,000,000, due
Sept. 15, 1958, at 2.55%; and
$1,000,000, due Sept. 15, 1958,
at 2.60%. Dated Oct. 29, 1957.

2,000,000
.

Secretary of the City Commission,

29, 1958.

3,000,000 Turnpike notes to Man¬

!

Offering—Earle E. Jones,

payable

;

until 2 p.m.

ings Association., of San,Francisco,
as follows:, ,

Notes dated

.

Bond

tne

tp

Exchange

6,625,000 bond anticipation notes
to the Chase Manhattan Bank,
New York City, at 2.73% in¬
terest, plus a premium of $44.
V Dated Oct. 29, 1957 and due
r

,

.

Offering—Fred J. Moore,
Jr., County j Clerk, will receive
sealed -bids at his office in Eureka

school bonds was sold to the Bank

notes

Corn

Oct. 29, 1957.

•

Bond Sale—An issue of $325,000
of America National Trust &

inclusive.

Turnpike

Education,

bids until 7:30 p.m.
(CST) on Nov.
for the purchase of $1,690,000

school building bonds.

Jacksonville, Fla.
Bond

of

59

20

fatality.

a

sold

22

719,922 passengers
total of 10,660,402 miles

a

without

follows:

2.55%, plus $63.

;T

Dec. 1 from ;>

on

to-.1987

veny,

County,, Calif,

Clara

receive

Legality approved by O'Mel& "Myers, of Los Angeles;

bonds,

Union School District,

Los Gatos

that

1958

originally
NbV."J>—v. 186, p. 1782—has been
cHariged to Nov. 12. ' '
control

will

Oct.

as

Bank, New York City, as fol¬
lows: $2,000,000, due June 16,
1958, at 2.55% interest, plus a
premium of $21; and $6,000,due Sept.
000,
12,
1958, at

..."

announces

Council

$8,000,000

traveled

Ottaviano, Jr.,

on

$21,625,000 notes,

City Clerk

—

Treasurer,

estimated

an

(State of)

Sale—John

Note

State

Chemical

J-D.

of"sale of the issue of $20,000,000
•

Topliff

sewage

Dec!

Bond Offering Postponed—Date

flood'

E.

City

000

.

California
"

Offering

&

sealed bids until 7 p.m. (PST) on
Nov. 5 for the purchase of $900,-

Angeles County -Flood Control
(P. O. Los Angeles),

■District

Ontario, Calif.

Bond

Orrick,

by

^

f

1, •, 1970,
Principal and interest
(M-N) payable at the City Treas¬

Connecticut

inclu¬

1982

to

rick,
Dahlquist,
Herrington
Sutcliffe, of San Francisco.

and

1982

1958

sive. Principal and interest (M-N)
payable at the County Treasurer's
office.
Legality approved by Or¬

in¬

1987

to

in

due

from

1

Nov,

will receive sealed
bids until 8 p.m. (PST) on Oct. 29
for the purchase of $270,000 sewer
bonds.. Dated Nov. 1, 1957.
Due
on

CONNECTICUT

of. $46,000 building

ponds. Dated Nov. 1, 1957. Due on

Robertson,

Clerk,

City

purchase

(1895)

—

Charles

est

National

Legality
J.

Hemphill, Secretary of the Board

approved by Ross, Mc& Miller, of Indian¬

Cord, Ice
apolis.

GO

The Commercial and Financial Chronicle

(1T0G)

Building Corporation

Johnson Sch.

Sale—The

Bond

first

$130,000

bonds offered
996 —were
awarded to a group composed of
Indianapolis Bond & Share Corp.;
City Securities Corp., and Raifensperger, Hughes & Co., as 5s,
at a
price of-100.01, a basis of
mortgage

Sept.

17

revenue

186,

—v.

p.

about 4.99%.

Bond

Offering—Carl

L.

Nov.

$650,000

the

for

5

Dated

bonds.

Nov.
1,
July 1

and

1957.

Due

on

Jan.

1

from

1959

to

1968

incl.

J-J.

Interest

Ice

White-Phillips Co., Inc.,
3.60s, V/os and 3 Vi s, at a price
J00.02.

Town

Offering

Clerk,

Sylvester, City Clerk
will

receive

p.m.

(CST)

chase

of

bonds.

Dated

clusive.

(J-J)
*

July

1

to
in

Principal

payable

in¬
and

of July

as

Oct.

Bard Well,

Note

ments

The

—

the

Clerk,

ural

foregoing

in

report

our

supple¬
issue of

Dated
1

1676.

Offering—Mary

1, 1957. Due

E.

of

as

July 1 from

on

on

Principal and inter¬
(J-J) payable at the Farmers

Merchants
Bank, Bluffton.
Legality approved by Ross, Mc¬
Cord, fee & Miller, of Indian¬
apolis.

Shelby County (P. O. Shclbyville),
Indiana

Union

1551—were

awarded

to

composed of the First Na¬

tional

Corp.,

SVss, at

as

and

Share

price of 100.57,

a

basis of about 3.02%.

a

Troy Township School Township
(P. O. Cannelton), Ind. •
Bond

Offering—Hugh

Township

Trustee,

the

purchase

system

of

1, 1957.

1963

to

Due

payable

Callable

sive.

Principal and interest (J-J)
X>ayable at the Citizens National
Bank, Tell City.
Legality ap¬
proved by Ross, McCord. Ice &
Miller, of Indianapolis.

Fleming County (P. O. Flemingsburg), Ky.
Bond

Sale—The $260,000 school

building bonds offered Oct. 8

School District,

to a group composed of
Chas, A. Hinsch & Co., Hill & Co.,
and

of

Russel, Long & Co., at a price
100.01, a net interest cost of
4.24%, as follows:

about

1958 to

32,000

Iowa '

The

on

1977

Secretary of Board of
will
receive
sealed
.

10:30

sive.

from

1960

to

1977

inclu¬

Principal and interest

able

at

the

District

pay¬

Treasurer's

17

as

Dubuque, Iowa
sewer

revenue

—

The

April

1,
1,

$1,350,000

bonds offered

Oct.

1.7—v. 186, p. 1551-—were awarded
to a group composed
of Paine,




$500,000 school
bonds

offered

awarded,

Securities

to'-

the

Corp.,

bonds.

Parish

Due

1958

from

to

Tammany Parish (P. O.
Covington), La.
Bond
Offering—L. L. Landon,
Secretary of the
Parish Police
Jury, will receive sealed bids un¬
til

10

the

(CST)

a.m.

325,000

The bonds

to

1978

dated Jan. 1, 1958
1

from

callable

Interest

Pentucket

Legality

1,

ap¬

proved by Foley, Cox & Judell, of
Orleans.

New

Slidell,
Bonds

bonds offered
888—were

La.

Sold —The

Not

Sept.

$700,000

18—v.

186, p.

sold.

not

sealed

nicipal

Oct. 31 for the purchase of

school

1957.

intciest, plus

offered

1977

Nov.

1

from

1964 to 1983 inclusive.
115,000 414s. Due oh Nov. 1 from
1984 to 1987 inclusive.

Dated
1

Nov.
from

1,

1963.

1,

1959

Bonds

1957.
to

due

are

callable

Principal
at
Trust

&

as

on

interest

the

Farmers

Company,

of

Georgetown.
Legality approved
by Chapman & Cutler, of Chicago.

as

a premium

of

bank.

Offering

—

Ralph

C.

Bond
school

Sale

awarded

to

Strange, City Clerk, will receive
sealed bids until 8
p.m.
Oct. 30 for the
000

1

(CST)

on

purchase of $143,gas
system revenue

natural

at

the

Dated Oct. 1, 1957. Due on
from
1963 to 1988 incl)

Bank,

Union

Planters

Memphis.

of St.

-

Louis.
ir-

!

'

National

Legality*

proved by Charles &

-

i

ap¬

Trauernicht,
,

-

a

Nov.

Bond

ceive

scaled

bids

$24,000 3s, due
and

Bank-State Street Trust Company,

Municipal Department, 111 Frank¬
lin Street, Boston, until 11 a.m.
(EST) on Oct. 29 for the purchase
of $1,000,000 school bonds. Dated
Nov. 15, 1957.
Due on Nov. 15
1958 to

1977 inclusive. Prin¬

Bank-State

Street

and 1962.

bonds: $10,000
1

and

Lincoln

Oct.

17—v.

awarded

&

Hill,

Oct.

parking

off-street

Due

on

1967

bonds.

inclusive.

Nov. <15 from 1958

Veterans

5,000

Memorial

Nov.

on

to

bonds.

15 from 1958

to

1962 inclusive.

The
1957.

bonds

are

sewer

186,

p.

3 Vis,

at

at

the

Nov.

blower

1957.

price

Second

Bank

-

First

awarded

to

Kidder,
Harriman

Peabody & Co., and
Ripley & Co., Inc., jointly,
3.80s,

at

100.22,

a

—

were

100.03,

basis of about

a

1968.
Principal and interest:
(M-N) payable at a banking insti-!,
designated by the success¬
bidder.

ful

and

site

bonds

Legality approved by

Stevens

Berry,

Manistee, Mich.
Sale—The

Bond

mobile

parking
offered

offered

Oct.

1677—were awarded to

& Co., at a

interest

Corp.;

Kenower,

price of 100.08,

a

net

age

$315,000

sew¬

disposal system

revenue

bonds

offered Oct.

16—v.

awarded-

were

as

5s, at

of

about

4.50%,

as

Due

on

Street,
(EST)

on

of

$60,000

notes.

28
11

State

price of 100.003,
4.99%,;"

Clerk,

City

until

Dated Nov. 1, 1957.

Due

the

Due

1969

to

Dated

Merchants

National

p.m. (CST)
purchase of

obligation

-*

Bank

of
Boston. Legality approved by the
Massachusetts -;Direct.or
of ;.Ac-;

*.\

1958

to

as

-■

Nov.

$115,000

Due

on

July*

197L inclusive.

of July lr 1965.

(J-J)

Legality

Prin¬

payable

Bank of Me¬

at the First National

nominee.

on

sewer > bonds.

July 1, 1957.

from

1

approved

by

Chapman & Cutler, of Chicago.
Mesick Consolidated Sch.

Note Sale—An issue of

tax

on

Jan. 1 from

1974 to

inclusive.

1973

275,000 4V2S.

anticipation notes

was

Kenower, MacArthur &
McDonald-Moore

Due on Jan. 1 from

as

Dist.,

$29,800
sold to

Co., and

Sale—The

$15,000

p.

1785

•—

were

"c'vi

awarded'to

<

the

qf Kalkaska.
J V-:

Bond

jointly,

Sale—The $85,000 special

assessment and

build¬

ing bonds offered Oct. 21—v. 186,

Kalkaska State Bank,

Co.,

Monroe, Mich.

City), Mich.

■

•Bond

&

4s.

1983 inclusive.

Clearwater Township (P. O. Rapid

on

Principal and interest payable at

basis

'

a.m.

Nov. 1 from 1958 to 1963 inclusive.

a

Delgoffe,
receive sealed

will

8

the

for

Oct. 30 for the purchase

electric lighting plant

com¬

Menominee, Mich.

Jan. 1 from

1968 inclusive.

to

95,000 4V4s.

bids at the Merchants Na¬
Bank

group

Michigan

1959

tional

a

Bond Offering—&. W.

Note

Boston,
Boston,
until

to

1552—•

p.

a

of about

3.77%.

sealed

186,

posed of McDonald-Moore & Co.,
H. V. Sattley & Co., Watling, Lerchen & Co., and Goodbody & Co.,

follows:

cost

p.

Sale-—The

A

Co., and Goodbody

186,

Kenower,

Marlette, Mich.
Bond

of

Michigan

revenue

MacArthur & Co.

Callable

MacArthur &

.* /

.

system

cipal and interest

composed of the First

group

of

$245,000 auto¬

Oct. 22—v.

a

as

Offering—Mary E. Sheehan, Town Treasurer, will receive

Moorman;
,

15—v. 186, p. 1552—were awarded

basis of about

of

&

Detroit.

general

$500,000 build¬

»

of May

as

1,

4

Clawson School District, Mich.

ing

Callable

tution

bids

Bond Sale—The

H.

May 1 ffom 1960 to

on

to

Bond Sale^—The $430,000 school
offered Oct. 23—v. 186, p.
were

1784

composed of
& Co. Jnc;; Gold¬

group

MICHIGAN

bonds

—

of

Due

1986 inclusive.

Co., and HornWeeks, as 3.40s, at a

&

pay¬

Canton, Mass.

1784

a

15.

Co., Boston. Legal¬
ity approved by Storey, Thorndike, Palmer & Dodge, of Boston.
•

186, p.

v.

to

Haisey, Stuart
man,
Sachs &

Trust

Street

,

—

Norman

—

Board of
Education, will receive sealed bids
until 8 p.m. (EST) on Nov. 13 for
(he purchase of $6,800,000 school
building
bonds.
Dated Nov.
1,(

a

3.39%.
dated

Principal and interest

able

24

awarded

Offering

Secretary of the

to Dwinnell,

as

District,

Michig/an

bonds

Hadley, Mass.
Sale—The $100,000

offered

School

Park

ap¬

South

1676—were

$8,000 3s, due on Nov. 1,
and 1962.

1961

Trust

Ropes,
Gray,
Best,
Coolidgc & Rugg, of Boston.

bonds

improvement
4s, due on Nov.
from 11958 to 1960 inclusive;
sidewalk

18,000

by

Bond

Nov. 1, 1961

on

1962.

Bond

re¬

1966

to

f
56,000 sewer improvement bonds:'
$32,000 4s, due on Nov. 1 from
1958 to
1960 inclusive; and
$24,000 3s, due on Nov. 1, 1961

.

Second

1961

from

1

$32,000 4s, due on Nov. 1 from
1958
to
1960
inclusive; and;

Pugh,

c/o

Nov.

on

of

Offering—M.VincentFitz-

1960 in¬

inclusive.

were

gibbons, Town Treasurer, will

1958 to

from

1

56,000 water improvement bonds:

to

Rockland, Mass.

3.14%,

clusive; and $545,000 3s, due

$1,025,000

basis of about 3.77%

a

of about

cost

bonds:

Ripley & Co., Inc.; Kid¬
der, Peabody & Co.; White, Weld
& Co.; Hornblowcr & Weeks, and
George P. Fogg & Co., as 3.80s, at
100.18,

Northern

street
improvement
$220,000 4s, due on

$765,000

&

composed

group

the

to

,

follows:

as

approved

bonds offered Oct. 10

$130,000 5s.
M.

The

—

p.

price of 100.0017, a

a

interest

net

Mahar Regional School
(P. O. Erving), Mass.

District

Concord, Mass.

Bernice

jointly, at

'$876,1,

by Storey, Thorndike, Palmer
Dodge, of Boston.

awarded

were

bonds
1676—

186,

21—v.

Trust Co., Chicago, and the Chase
Manhattan Bank, New York City,

Principal and in¬

Legality

•

Sale—The $895,000

Bond

Dec.

from 1958

1

.

follows:

LaCenter, Ky.
Bond

A.

."4"

V A.

offered Oct.

payable at the above-men¬

Harkness

$50,000

v.-'-V

Flint, Mich.

re¬

price of 100.13, a basis of about
Healey, 3.22%.
City Treasurer, will receive sealed
.*
Woburn, Mass.
bids until noon (EST) on Oct. 31
Bond
Sale —The
$1,110,000
for the purchase of $55,000 bonds,
school and sewer bonds offered

-and

of Nov.

troit.

Attleboro, Mass.4

inclu¬

1964

and

payable

Bank

Due

1987

in

Dated

Dec.

on

inclusive.

Oct.

$9.00.

on Nov. 1. from
1959 to 1963 inclusive.

on

bonds.

Due

proved

23—v. 186, p. 1784—were awarded
to Salomon Bros. & Hutzler, at

2.88 %

of

callable

196(1. Interest M-N,
Legality approved by Miller, Canfield, Paddock & Stone, of De¬

Second

Company, of Boston. Legality

$302,000 State-

notes

the

at

Bonds due

of Nov. 1,

as

Dept., Ill Franklin St.,
until 11 a.m. (EST) on

Boston,

Second

Massach usetts

project

bids

Due on Nov. 1 from

in 1971 and thereafter are

Bank-State Street Trust Co., Mu¬

from

Ameshury Housing Authority,

aided

Bank

cipal and interest payable at the

MASSACHUSETTS

Sale—The

special assessment
improvement bonds. Dated

water

inclusive.

Bond
Offering — Sydney
O'Neil, District Treasurer, will

and

Jan.

1967

to

Shawmut

Regional School District
O. Salem), Mass.

(P.

are

bonds
of

as

J-J.

1960

bids

Alternate

non-callable

on

1968.

bonds.

Jan.

1958

Nov. 5 for the purchase

on

$59,000

Harriman

bonds.

B

on

incl.

bonds

for

public

follows:

as

A

are

mature

asked

bonds,

Series
Series

$850,000

Nov. 25 for

on

of $1,175,000

purchase

improvement

(EST)
of

Nov.

on

Legality approved by
Storey, Thorndike, Palmer &
Dodge, of Boston.

tioned

inclusive.

Due

Callable as of April 1, 1968. Prin¬
cipal and interest (A-O) payable

t

the

St.

$48,000 41/2S. Due

bonds.

Sale

(P. O. Livingston), La.
East¬

of

Oct.

Boston.

terest

follows:

April

Bond

Oct.

of

as

and
Merrill Lynch, Pierce, Fenner &
Beano, jointly, at a price of 100.02,
a net interest cost of about
4.09 %,

office.

.

ap¬

1,1957. Due

National

000

Note

Georgetown, Ky.

man

Legality approved by Chap¬
& Cutler, of Chicago.

the

Board, will receive sealed
bids until 7:30 p.m. (CST) on Dee.
II
for
the
purchase of $25,000

Oct. 1. from

dated

are

Bond Sale—The

on

1

from

ceive

Secretary

erly,

1

Bond Offering—Edw. J.

of

Nov.

on

a.m.

Oct. 30 for the purchase
$3,400,000 school building
bonds. Dated Nov. 1, 1957. Due on

Legality

Cox & Judell,

School

from

1

of Louisville.

(M-N)
J. E. Baum-

No. 31

inclusive.

callable

thereafter

until

Oct.

Principal and interest (A-O)
payable at the Farmers-Deposit
Bank, Flemingsburg. Legality ap¬
proved by Skaggs, Hays & Fahey,

sive.

bids

from

1963.

Nov.

Iowa

M-S.

Foley,

Bond Offering—Ernest S.

inclusive.

bonds

and

1

1965

1966 to

ing bonds.

Davenport Community School Dist.,

by

offered

Principal and interest payable at

1,

inclusive.

Due

4s.

1963 to

1957

Oet.

on

1962

184,000 414 s. Due

Bond Offering—Sealed and oral
bids will be received until Oct. 28
for the purchase of $282,000 build¬

oral

were

awarded

337,000 4s. Due

IOWA

Interest

March

of

as

Livingston Parish School District

and

were

(CST)

Union

Memphis.
Legality approved by Charles &
Trauernicht, of St. Louis.

revenue

and

of

as

Planters National Bank,

Equitable

gartner,

the

at

Oct.

—

Dated

April 1 from

on

building

Directors,

St.

natural

bonds.

incl.

(1988

(A-O)

on

building bonds. Dated Nov.
1957. Due semi-annually from
Julj' 1, 1959 to July 1, 1970 inclu¬

a.m.

of New Orleans.

1962

$175,000

1,

Offering

of

by

Ky.

revenue

school

Bond

Bank

Bond Offering—Lucy S.
Kelly,
City Clerk, will recieve sealed bids
until 8 p.m. (CST) on Oct. 28 for

receive

(CST)

1958.

Callable

proved

the

Legality approved
&
Trauernicht,
of

Nov. 7 for the purchase of $20,000

Albia

at

F. Reed,

will

sealed bids until 1 p.m.

clusive.

Principal and

Clinton,

both of Chicago, and

the Indianapolis Bond

10

1958 to 1967 in¬

1 from

bonds

will

Clerk,

1958 to 1976 inclusive.
sewer

awarded to the Middlesex

were

school

Bank, Harris Trust & Sav¬

Bank,

Callable

National

until

on

March

&

J.

Edward

—

Township

Aug. 1, 1957.

Maiden, Mass.
Sale—The $50,000

Bond

Dated Nov.

Nov. 12 for the pur¬
chase of $623,308.76 paving certi¬
ficates.! Dated Dec. 15, 1957. Due
on

Coffin

to

Inc., as 3J/£s, at a price of
100.30, a basis of about 3 43%.

Offering

Faulman,

receive sealed bids until 7:30 p.m.

3.35%.

April

on

payable

Planters

Memphis.

a

group

ings

(A-O)

$44,000 4'/2S. Due

Bond Sale—The $800,000 hospi¬
tal aid bonds offered Oct. 17—v.
p.

Due

1988 incl.

April 1, 1968.

interest

1, 1964.

and

186,

1, 1957;

1963 to

bonds.

revenue

April 1,1968. Principal and interest

Kep-

1960 to 1974 inclusive. Callable

„

Oct.

from

gas

jhbrt, Secretary, will receive sealed
bids until 1 p.m. (CST) on Nov. 7
for the purchase of $395,000 first
mortgage revenue bonds. Dated

,

sealed

Louis.

may

poration (P. O. Bluffton), Ind.

est

receive

system

gas

as

bank

Poplar Grove School Building Cor¬

Jan.

Fisher,

bids until 8 p.m. (CST) on Oct. 29
for the purchase of $191,000 nat¬

Oct.

Nov.

will

P.

upon

Oct. 14—v. 186, p.

Bond

Ky.

Offering —E.

$45,000 water
Oct. 22—v. 186, p.

County National Bank of Everett,
as
3.40s, at 100.21, a basis of about

A.

Township (P. O. Clinton),
Michigan

Clinton

Bond

The

1784—were awarded

24

Rodemacher, City Clerk, will re¬
bids

—

construction

LOUISIANA

sealed

Corpora¬

Burr,

by

of

Lafayette, La.
Certificate Offering—Curtis

(CST)

Sale

offered

St.

approved

Trauernicht,

of

Haverhill, Mass.
Bond

bonds

of

.

ceive

'»

Bank

sealed

KENTUCKY

Charles

by the City
and the purchaser.
Legality ap¬
proved by Chapman & Cutler, of
Chicago.
mutually agreed

receive

until 8 p.m. (CST)
for the purchase of

30

National

Legality
&

Morisky,

$21,700 water works bonds.

interest

and

at a

Due

1997
1978

callable

are

revenue

1957.

1,

due

Bonds

3,1977.

until

water

from 1960

thereafter

Treasurer,

Oct. 28 for the pur¬

on

$485,000

July 1

on

-

bids

sealed

A.

will

Principal and
payable at the

1, 1968.

(A-O)

Memphis.

Callable

to 1988 incl.

Planters

Union

and oral bids

City

William

—

interest

bonds.

Due on April

1957.

1,

of April

as

Department

Monday, October 28, 1957

.

.

tions and Taxation.

will

Louis.

Fostoria, Iowa
Bond Offering—Coline

on

Clerk,

Charles

'

Bond

Bond

award¬

were

ed to the

anapolis.
Mitchell, Ind.

receive sealed
bids until 8 p.m. (CST) on Oct.
31
for the purchase of $243,000
City

I from 1963

$100,000 airport

bonds offered Oct. 18

approved by Ross,
& Miller, of Indi¬

Legality

McCord,

of

purchase

counts,

Offering—G. U. Marshall,

Dated Oct.

Madison, Iowa

Bond Sale—The

Mason,

Bond

natural gas system revenue
Fort

will

Controller,

Wichliffe, Ky.

&

3.89%.

of

receive
sealed bids until 1:30 p.m. (CST)
on

Jackson & Curtis, Wm.
Co., Dean Witter & Co.,
Carleton D. Beh Co., and WhitePhillips Co., Inc., as 3.90s, at a
price of 100.08, a basis of about

as

Lafayette, Ind.

City

Webber,
Blair

(P. O. Decker), Ind.

.

bonds
1677

offered
rr

were

Bosworth

100.02,

a

&

general obligation
Oct.

22—v.

awarded

Co., Ine.j

to
as

186, ,p.
Braun,

S^sy'at

basis of about 3-24%.

■'-[

Volume

Number 5680

186

Port
*

Bond

Krenke

.

.

The Commercial and Financial Chronicle

.

$45,000

Huron, Mich.

Offering

Robert

—

City Clerk* will receive

sealed bids until 7:30 p.m. (EST)
on
Oct. 28 for the purchase of

storm

$143,000

bonds,

sewer

1968

to

1979

from

1

1967 inclusive.

Feb. 1 from

on

Due

1987 inclusive.

to

<

In addition the entire issue will

Due on Oct.

1 from 1957 to

extra

carry
an
from Feb.

1.30%

interest

58,000 general obligation bonds.
Due

Oct.

on

from

1

1958

The

bonds

1957.

May 1,
interest

Principal
and
payable at a banking in¬

(A-O)

stitution

designated by the

cessful bidder.

Miller, Canfield,
Stone, of Detroit.
by

Paddock

t 'L "
St. Joseph School District,

!

suc¬

Legality approved
&
'

17

186, p. 1552 —
syndicate com¬

—v.

were awarded to a

obligation

bonds

offered

1552—were

Oct.

awarded

net

St.

of

as

interest

$90,000 3V2S. Due

on

July 1 from

1958 to 1962 inclusive.

4s.

Due

to

1972 inclusive.

2,325,000 4s.l Due

on July 1
to 1986 inclusive.

from

Twin Lake School District, Mich.

Bond Sale—The $100,000 school

refunding and building bonds of¬
fered Oct. 18 —v. 186, p. 1677 —
were awarded to Kenower, MacArthur & Company.
MINNESOTA

1972 to

70,000 4.30s. Due
1977

to

Offering—J. H. Weiland,
City Recorder, will receive sealed
Joids until 2:30 p.m. (CST) on Nov.
13 for the purchase of $1,400,000
sewage
disposal
plant
bonds.
Dated Nov. 1, 1957. Due On Feb. 1
.

from 1960 to 1987 inclusive. Bonds

in

callable

1978
as

thereafter

and

are

of Feb. 1, 1973. Princi¬

pal and interest payable at a
banking institution designated by
the successful bidder. Legality ap¬
proved by
Scott &

Feb. 1 from

on

Dorse^, Owen, Barker,

Barber, of Minneapolis.

carry an

extra 1.30% interest from

1960 to 1965 inclusive.

Due on Nov. 1 from

1;

.

1966 to 1969 inclusive.

65,000 4.20s. Due on Nov. 1 from
1970 to 1972 inclusive.
Jackson

County

(P.

Jackson),

O.

M^innesota

|

"

w

Bond Offering—Edwin H.

Dahl,
County
Auditor,
will
receive
sealed bids until 4 p.m. (CST) on
Nov. 5 for the purchase of $50,000
drainage general obligation bonds.
Dated Nov. ;1, 1957. Due on Jan.
1. from

1959

Callable

on

to.

1973

inclusive.

Jan. 1, 1968.

Legality
approved by Briggs, Gilbert, Mor¬
ton, Kyle & Macartney, of St.

186,

1677—were awarded

p.

a
group composed of Halsey,
Stuart & Co. Inc.; J. P. Morgan
& Co., Inc.; Lehman Bros.; Greg¬

&

(P. O. Marietta), Minn,
r

Bond Sale

eral

—

obligation

The $260,000 gen¬
School
building

Sons;

Baxter

&

,



"■

•

■

West

1957.

bonds.

Due

1972

to

on

Dated

June

inclusive.

Dec.

from

1

bonds.

ments

The

—

the

foregoing

of

industrial

Hawkins,

Principal and interest (A-O)

receive

Inc.,

as

to

Mannheimer-

3.60s, at

100.05,

basis of about 3.51%.

a

clusive.

issue

MISSOURI
Carroll County Reorganized School
District No. R-VII (P. O.

school

issue

bonds

was

Offering—Joseph Justad,
City Clerk, will receive sealed
bids, until 8 p.m. (CST) on Nov. 4
for the purchase of $1,500,000 im¬
provement bonds. Dated Dec. 1,
1957.

$130,000 4s.

Due

Dec. 1 from 1959 to

on

are

$900,to

1958

able.

Principal and interest pay¬
a banking institution des¬
ignated by the successful bidder.
Legality approved by Faegre &

on Feb. 1
1963 to 1970 inclusive.

400,000 3%s.
1971

to

and
at

1977

on

bonds

Feb. 1 from

186,

1552—were awarded to
composed of the First
Bank, of St. Paul; First
National Bank, of Minneapolis;
Baxter & Co., Caldwell, Phillips
Co.; Mannheimer-Egan, Inc., and
Harold E. Wood & Co., at a price
of par, a net interest cost of about
4.37%, as follows:
p.

City. Legality approved
Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City.
Worth

County School District R-l
(P. O. Grant City), Mo.
Bond Sale—An issue of $590,000 building bonds was sold to a

$155,000 4s,
1960 to

Due

on

on

1973

to

1977

on

March

Nov.
1, 1957.
Interest
Legality approved by Stin¬
son, Mag, Thomson, McEvers &
Fizzell, of Kansas City.

1987 inclusive.

In addition the entire issue will

from

No. 4 (P.
Bond

Sale

—

The

Oct.

Bozeman, Mont.

City

Offering—L.

Commission

ceive

sealed

G. Shadoan,

Clerk,

bids

until

will
1

re¬

p.m.

(MST) on Nov. 6 for the purchase
approximately $120,000 Special
Improvement
District
No.
392
bonds. Due over a
period of 20
of

years.

Interest J-J.
Deer

$1,700,000
186, p.

to

a

group

.

,

$2,300,000
Oct.

24

186,

to

group composed of Chemical

a

1786—were awarded

p„

Exchange Bank, New York
City; Spencer Trask & Co.; Blair
& Co., Inc.; Wood, Struthers &
Co.; Lee Higginson Corp.; Tripp
'& Co.; Bacon, Whipple & Co.;
Park,
Ryan,
Inc.,
and
H.
V.
Sattley & Co., at a price of 100.22,
a net interest cost of about 4.04%,
as

follows:

$1,670,000

'

.

4.10s.

Due

on

.

Jan.

1

from 1959 to 1980 inclusive.

Due
1987

to

Jan. 1 from

on

inclusive.

Babylon,West Babylon Fire District
(P. O, West Babylon), N. Y.
Bond Sale—The $52,500 fire de¬
partment bonds offered Oct. 22—
v.

186,

1678—were awarded to

p.

&

Offering—Dana T. Whit¬

.

bus bonds offered Sept. 26—v.

186,
1314—were awarded to the
County Trust Co., Katonah, as
3.10s, at 100.18, a basis of about

000 water and

3.03%.

Jr., Town Clerk, will receive

Dated Dec.

sewer

1, 1957.

system bonds.
Due

on

p.

Dec. 1

Briarcliff Manor, N. Y.
Principal
Bond Sale
The $455,000 im¬
"(J-D) payable at the
Newton Trust Co., Newton.
Le¬ provement bonds offered Oct. 10—
gality approved by Hawkins, Del¬ v. 186, p. 1553—were awarded to
afield & Wood, of New York City. Roosevelt & Cross, and Francis I.

from

1958 to 1977 incl.

and interest

—

i

.

Newton), N. J.

100.34,

(EST)

p.m.

on

Nov.

Dec.

1956.

1,

12 for the

Due

and interest
Sussex
Bank

and
of

on

Nov.

Principal

(J-D) payable at the
Merchants

Newton.

National

Legalitv

ap¬

by Hawkins, Delafield
Wood, of New York City.

proved

&

Carroll, Kiantone, Poland, Busti
and South

Chosen

Offering

Clerk

of

—
Emily
the. Board

Jamestown),

New York

/

Bond

Offering

—

Everett Sea-

strum, Jr., President bf the Board
of Education, will receive sealed
bids at the office
of Alton R.
Erickson, Esq., 500 Wellman Bldg.,
103 West Third St., Jamestown,

(EST) on Oct. 30 for
purchase of $580,000 school
building bonds. Dated Nov.
1,
1957. Due on Nov. 1 from 1958 to
1986 inclusive. Principal and in¬

until 3 p.m.

(M-N) payable at the Ma¬
Trust Co., New York

L.

terest

of

rine Midland

Freeholders, will receive

sealed bids until 11

a.m. (EST) on
purchase of $50,000
land acquisition bonds. Dated Nov

Nov. 6 for the

1, 1957.

Valley Central Sch.

Dist. No. 1 (P. O.

the

Ocean County (P. O. Toms River),
New Jersey

Carter,

a

*

Bond Offering—S. W. Palmer,
Secretary of the Board of Educa¬
tion, will receivO^aled bids until
8

jointly, as 3%s, at
basis of about 3.71%.

duPont & Co.,

Newton School District (P. O.
.

Bond

Lodge. Mont.
>
Bo«d Offering—J. B. Kendrick,
Jr., City Clerk, will receive sealed
bids until 8 p.m. (MST) on Nov. 4
tor the purchase of $6,900 Special
Improvement District Fund No. 96

The

offered

—v.

purchase of $310,000 school bonds.

Bond

—

bonds

630,000 4s.

22—v.

awarded

Bradford

Dated

MONTANA

O. Lindenhurst), N. Y.
Sale

1981

1 from 1958 to 1971 incl.

Feb. 1 from

Babylon Union Free School District

sealed bids until 8 p.m. (EST) on
Nov. 12 for the purchase of $423,-

i.

Dated

Feb. 1 from

carry an extra 1% interest
Feb. 1, 1958 to Feb. 1, 1959.

C.

man,

March 1 from

inclusive.

Bank
& Trust
Co.,
Legality approved by
Vandewater, Sykes, Heckler &

.

1

M-S.

1978 inclusive.
on

(A-O)

Commercial

Jersey

'

200,000 4s. Due

Feb. 1 from

on

group

1972 inclusive.

1970 inclusive.

155,0°0 4.30s. Due

1979 to

Due

186, p.

a

& Hinckley, as 4.60s,
basis of about 4.57%.

a

offered

Bond

group composed of the City Na¬
tional Bank & Trust Co., of Kan¬

1966 to

1 from 1958 to

1

■

3%s.

Oct.

Principal and interest
payable at the National

.

.

from

on

Co., Roosevelt Adams, McEntee & Co., Inc., as
& Cross, Van Deventer
Bros., Inc., 3.80s, at 100.10, a basis of about
F. R. Cole & Co., and MacBride, 3.77%.
Miller &
Co., taking $1,699,000
Bedford, Lewisboro, North Salem
bonds as 4%s, at 100.08, a basis of
and Pound Union Free Sch. Dist.
about 4.36%,
No. 1 (P. O. Katonah), tf. Y.
Newton (P. O. Newton), N. J.
Bond" Sale—The $37,000 school

J.

by

215,000

to*

of B. J. Van Ingen &
Co., Inc., Boland, Saffin & Co.,
Fidelity Union Trust Co., Newark,

sas
City; Soden Investment Co.;
Washington, Chisago and Anoka
Independent School Burke & MacDonald, Inc., at a
price of par, a net interest cost of
District No. 104 (P. O. Forest
•Lake), Minn,
v
/ .about 3.90%, as follows:
Bond Sale—The $525,000 school $175,000 4s. Due on March 1 from
1959 to 1965 inclusive.
building bonds offered Oct. 17—

v.

21—v.

composed

inclusive.

Counties Joint

group
National

Due

incl.

Corn

$390,000 school

awarded

1553—were

of Kansas

a

1987

Adams

100.15,

Bond

from

1, 1957.
Principal
payable at the
City National Bank & Trust Co.,

I

the

offering.)

Oct.

New

and interest (F-A)

,/

1957.

New Providence School District.

Oct.

Dated

Bond Offering

Due

1

for

composed of Boland, Saffin & Co.,
Fidelity Union Trust Co., Newark,

inclusive.

370,000 3%s. Due

able at

Benson, of Minneapolis.

1962

at the Oct.

1553—were

Due on Feb. 1 from

to

Altamont, N. Y.

building

submitted

were

bonds offered

a

Barret, Fitch,
Thompson &
Crowe; Zahner & Co.; Geo. K.
Baum & Co., and Burke & MacDonald, Inc., as follows:

call¬

•

Bond

of

City.

Bond Sale—The
of

sold

group composed of
North & Co.; Luce,

1978 inclusive. The bonds

Wood,

&

Holmdel Township School District,
New Jersey

Carrollton), Mo.
Sale—An

Bond

Bond

bids

no

000

•

pay¬

(Due to then pending litigation,

'

St. Louis Park, Minn.

Delafield

New York

Due from 1958 to 1973 in¬

Bond Sale—The

awarded

••

•

;

Galloway, of New York City.

able at the Hillside National Bank,
Hillside.
Legality approved by

$50,000 general
obligation school building oonds
offered Oct. 21—v. 186, p. 1677—

'■})(

bonds. Dated Oct. 1, 1957. Due on
Oct. 1 from 1958 to 1987 inclusive.

(CST) on
$75,000

sealed bids until 2 p.m.

bonds.

:

Altamont.

general

County indep. Sch. Dist.
No. 504 (P. O. Slavton), Minn.

4.73%.
•

NEW YORK

by

Nov. 7 for the purchase of

Murray

about

and' interest

3.01%.

obligation

,y

.

until 8 p.m. (DST) on Nov. 6 for
the purchase of $1,475,000 school

will

p.

group

Long Branch School District,
New Jersey

.<<'•»'/

Bond Offering—Helen P. Kirkpatrick, Secretary of the Board of
Education, will receive sealed bids

suppler

1785.

Clerk,

186,

a,

Offering—Beryl N. Grant,
Village
Treasurer, will receive
&
sealed bids until 2 p.m. (EST) on
Hillside Township School District Nov. 14 for the purchase of $123,500 sewer bonds.
Dated Oct.
(P. O. Hillside), N. J.
1,

Bond Offering—AmeliaM.Bow-

Town

of

Hawkins, Delafield
Wood, of New York City.

Olive Branch, Miss.
.

to

Phelps, Fenn
Co., Inc., Bacon, Stevenson &
Co., and Adams & Hinckley, as
4%s, at a price of 100.15, a basis

1970

to

awarded

&

I, 1957. Due
1959

Principal

approved

and

report in our issue

Oct. 21—v. 186, p.

fronf

$300,000 road
18—v.

group composed of

a

(M-S) payable at the First Na¬
tional Bank of Freehold. Legality

1,

visors.
Note

1

inclusive.

1958

Principal

Dated March

March

on

Oct.

Bond Sale—The $500,000 school
building bonds offered Oct. 22—
v. 186, p. 1678—were awarded to

'••

■

.'■*

■

Jersey

a
price of
about 2.88%.

lin,

15—v. 186, p.
Wright and Hennepin Counties
Indep. School District No. 887
1^77—were awarded to a group
(P. O. Hanover), Minn.
composed of .J. M. Dain & Co.;
Allison-Williams
Bond Offering—Roht. E, Dixon,
Co., Inc., and
Piper, Jaffray & Hopwood, at a District Clerk, will receive sealed
price of par, a net interest cost of bids until 8 p.m. (CST) on Nov. 6
about 4.54%,
for the purchase of $50,000 school
 as follows:

bonds offered Oct.

'

Le¬

Co., at a price of 2.90s,
100.06, a basis of

at

Co., and
Piper, Jaffray & Hopwood, as
3.10s, at 100.45, a basis of about
ory

215,000 4.40s. Due
Lac Qui Parle County Independent
Consolidated School District No. 81

Bond Offering—A. C. Mitchell,
Chancery Clerk, will receive sealed
bids*until5 10 a.m. (CST) on Oct.
28 for the purchase of
$175,000

bonds offered Oct. 24

purposes

Miller &

Freehold School District, N.' J.
Bond Offering—Frank L. Wit-

purchaser, subject to
approval by the Board of Super¬

1971 to

Paul.

/

nated by the

Sartwell, Minn.
—
Dewey Sulli¬
van, Village Clerk, will receive
Bond Bale—The $165,000 school sealed bids until 2 p.m. (CST) on
building bonds offered Oct. 7—v. Nov. 4 for the purchase of $275,000
186, p. 1425—were awarded to a general obligation improvement
group
composed
of
Juran
& bonds. Dated Dec. 1, 1957. Due on
Moody, Inc., Kalman & Co., and Dec. l from 1959 to 1977 inclusive.
E. J. Prescott & Co., at a price of Callable as of Dec. 1, 1967. Inter¬
est J-D.
par, a net Interest cost of about
Legality approved by
Faegre & Benson, of Minneapolis.
4.18%, as follows:

40,000 4s.

■

Na¬

composed of Boland, Saffin & Co.,
Roosevelt & Cross, and MacBride,

Township (P, O.
East Brunswick), N. J.
Bond Sale—The $160,000 water
bonds offered Oct. 22—v.
186, p.
1677
were awarded to
Boland,
Saffin & Co., as 5.15s, at
100.04,
a basis of about
5.14%,

man, Secretary of the Board of
Education, will receive sealed bids
County (P. O. Bay St.
until 8 p.m. (EST) on Nov. 13 for
Louis), Miss. • ./ vvit.
" thb' purchase of
$120,000 school

Minneapolis, Minn.

—v.

J

NEW JERSEY'
Brunswick

—

interest payable at a place desig¬

Dakota and Scott Counties Joint

$60,000 3V2S. Due on Nov. 1 from

Due

1, 1958 to Aug. 1, 1959.

Feb.

Independent School District No. 15
(P. O. Savage), Minn.

<

1553—were
:

First

River.

the

Sale —The

bonds offered

MISSISSIPPI

hosoital

In addition the entire issue will

Bond

3.32%.

Principal and interest (J-J)
payable at a banking institution
designated by the successful bid¬
der. Legality approved by- Faegre
& Benson, of Minneapolis.

from

inclusive.

1983

Egan,

*'•Austin, Minn,

i /Bond

due

1

Feb. 1 from

on

1976 inclusive.

were

\

Feb.

on

to

960,000 4^4s. Due on July 1 from

1957.

1,

New

Townsend, Dabney & Tyson, as
at 100.61, a basis of about

East

at

Toms

of

.

3.40s,

Jan. 1 from 1959 to 1968. inclu¬

on

Hancock

Bond Sale—The $3,000,000 vari¬

Due

Nov.

Principal and interest

payable

Somerset County (P. O. Somerset),

22—v. 186, p. 1785—were awarded
to

61

gality approved by Caldwell,
Marshall, Trimble & Mitchell, of
New York City.
\ ;

$350,000 munic¬
ipal parking lot bonds offered Oct.

sive.

Feb. 1 from

on

1968 to 1971 inclusive.

ous

;

4.26%,

Dated

HAMPSHIRE

Keene, N. H.

County Auditor, will receive
sealed bids until 2 'p.m. (CST) on
Nov. 5 for the purchase of $540,000
general obligation courthouse
bonds.

(M-N)

Bond Sale—The

Wright County (P. O. Buffalo),

1959 to 1967 inclusive.

follows:

$315,000 5s.

pay¬

follows:

40,000

1973

group

about

of

50,000 4.20s. Due

I

a

p.

Paul, and Juran &
a price of par, a

cost

Continental Illinois National Bank
5c Trust Co., all of Chicago; First
Boston Corp.; Baxter & Co.; Wm,
Blair & Co.; Bacon, Whipple &
Co.; Julien Collins & Co.; Robert
W. Baird & Co.; Walter J. Wade,
Inc., and Burns, Corbett & Pickard, Inc., at a price of 100.0006, a
net interest cost of about 4.05%,

1963

to

186,

Moody, Inc., at

posed of the Jfirst National Bank;
Harris
Trust
&
Savings Bank;

as

15—v.

composed of E. J. Prescott & Co.,
Kalman & Co., American National

Bank,

Bond Sale — The $3,600,000
school site and building bonds of¬
Oct.

eral

$250,000 gen¬
school
building

to 1962 incl.
tional Bank

NEW

las,

Sale—The

Dated Nov. 4, 1957. Inter¬

1,

Bond Offering—David S. Doug¬

(P. O. Lake Benton),

•

Mich.

j.

fered

Bond

Jan.

Minnesota

Minnesota

dated

are

bonds.

est J-J.

1984

Benson, of Minneapolis.

1, 1958 to Aug. 1, 1959.

1

of

banking institution des¬

a

and

Dist. No.

1960 to

as

ignated by the successful bidder.
Legality approved by Faegre &

Pipestone Counties
Joint Indep. Consolidated Sch.

to

1969 inclusive.

Callable

Principal and interest

able at

1966- inclusive.
Lincoln

Jan. 1 from

on

inclusive.
1968.

Feb. lfrom

on

building .bonds. Dated Dec. 1,1957,
Due

'<*.

1978 inclusive.

115,000 4V2S.

as

$85,000 special assessment bonds.
,

Due on Feb.

.

100,000 4.40s. Due

follows:

1

4s.

1960 to

E.

(1897)

Due on Nov. 1 from 1958

City, or at the Chautauqua Na¬
tional Bank, Jamestown. Legality

approved by Reed, Hoyt, Wash-y
& McCarthy, of New York

y

City.

62

The Commercial and Financial Chronicle

(1898)

.

Monday, October 28, 1957

.

.

M-' ;c

■

Lysander, Van Buren, and Clay

Corinth, Greenfield, Hadley and

Day Central School District No.
(P. O. Corinth), N. Y.
Sale

Bond

The

—

$2,300,000

building bonds offered Oct.

23—v.

186, p. 1786—were awarded

a

composed

group

Smith,

of

Barney & Co., Goldman, Sachs &

Co.,

Bradford

C.

J.

& Co.,

Stevenson

Bacon,

Kean, Taylor &

Chas. King,& Co., as
price of 100.13, a basis

and

Co.,

Co.,

3.80s, at a
of about 3.79%.

Geneseo, Groveland, Sparta and
West
No.

Sparta Central Sch. Dist.
Sale—The

&

facturers

jointly,

186,

to the

a wared

1786—were

Buffalo,

23—v.

Traders

as

p.

Manu¬

Trust

Co.,
Cross,
a basis

Roosevelt &
3.30s, at 100.03,

and

3.29%.

of about

Glens FcdU

City School District,
New

York

Sale
The
$1,073,000
building bonds offered Oct.
22—v. 186, p. 1678—were awarded
to a group composed of the Marine
Bond

—

school

Co.

Trust

of

Western

New

York,

Buffalo, Roosevelt & Cross, and
Coffin & Burr, Inc., as 3V2s, at

basis of about 3.45%.

a

Greenburgh

(P. O. JZlmsfOrd),
—

Edward

(F-A) payable at the
County Trust Company, of White
Plains.
Legality approved by
Vandewater, Sykes, Heckler '8c
Galloway, of New York City.

Co., Albany. Legality ap¬
by Vandewater, Sykes,
Galloway, of New York

City.

Hempstead Union Free Sch. .Dist.
(P. O. East MeadoW), N. Y.

No. 3

—

The

$2,820,301

school building bonds offered Oct.
a

Philip

that the Au¬

will

Nov.

186,

p. 1786—were awarded
headed by the Chemical
Corn Exchange Bank, New York
City, and Spencer Trask & Co,,
as 4.10s, at 100.18, a basis of about

to

hf the

York

New

(P.

15

from

1958

O.

State Bridge Authority
Poughkeepsie), N. Y.

the

New

York

State

Bridge

Authority's four bridges increased

Cross, American Securities Corp., Stroud & Co., Tripp
L rk
8c
Co., Bacon, Whipple & Co.,
Newburger, LOeb & ■ Co., Park,

„

compared to the

*

men

quarter of 1957
same

period

in

1956.
John

S.

Stillman, Chairman of
the Authority, reported a vehicu¬

Ryan, Inc., Folgfer, Nolan, Flem¬
ing-W. B. Hibbs & Co., and H. V.
Sattley & Co.

lar

,

traffic

increase

of 3.6%

from

the nine months of

1957, 5,807,162
Town
Supervisor, will receive vehicles crossed the bridges, cornsealed bids until 2 p.m. (EST) on!Pafed to 5,452,754 in the 1956 peOct. 31 for the purchase of $182,- riod, an increase of 6.4%.
000
improvement bonds.
Dated
Net revenues before bond servOct. 1, 1957. Due on April 1 from ice in this year's third quarter
1958 to 1986 incl.
Principal and were $557,115, a decrease of 4.9%
interest
(A-O)
payable at the over the 1956 figure of $585,792.
the' nine-month
Genesee Valley Union Trust Co., In
period, net
Rochester.

W.

Cook,

revenues

$1,272,079, a de¬
the 1956 fig¬
ure of $1,291,676. Substantial non¬
recurring maintenance expenses
in
the
third quarter, plus in¬
creased
operating costs,, account
for the slight decrease in net rev¬
enues, Mr. Stillman said.

Legality approved by
Sykes, Heckler &

crease

Vandewater,

Galloway, of New York City.
Huntington Central
No. 6

School District

(P. O. Greenlawn), N. Y.

Bond Offering—Anita B.

Renn,
District Clerk, will receive sealed
bids until 2 p.m. (EST) on Nov. 7
for the purchase of $793,000 school
bonds. Dated Oct. 1, 1957. Due Oh
April 1 from 1959 to 1987 inclu¬
sive. Principal and Interest <A-0)

were

of 1.5%

Bridge, Catskill; Mid-

Hudson
Bear
i

B r i d g e, Poughkeepsie;
Mountain Bridge, and the

Kingston-Rhineeliff

Bridge/' The

latter bridge was opened to traffic

Greenlawru Legality up- on Feb. 2, 1957.
Mr. Stillman also
announced
by Vandewater, Sykes,
Heckler & Galloway, of New York substantial completion of the ad¬
ministration- and" maintenance
City.
-----




Dated

Oct.

1

until

bids

2

to

inclusive.

1967

Principal and interest (M-S) pay¬
at the First National City
Bank, of New York City. Legality
approved by Vandewater, Sykes,
Heckler & Galloway, of New York
City.
t.,,::
~

Pittsford, Perington,

Mendon,

Henrietta, and Victor Central
School District No. J (P. O.

from T958

1

Nov.

to

to

1.from'1965

inclusive; $350,000 3^fe,

due

Nov.

on

from

1

to

1970

1976

$50,800

inclusive; and
Is, due Nov. 1, 1977.

000 3% street
sold

was

vestment

1957.

Due

follows:

as

inclusive; and $8,000 3y4S, due
on
May 1 from 1962 to 1965

,

1959.to
-

.

.

..•••/1

•

Mayfieid Heights, Ohio
; < i
Bond Offering—Alice K. Sup4
pie, Director of Finance, will re-?
ceive.sealed bids until noon

(EST)
purchase of
$113,911.68 paving bonds.. Dated
Nov.

on

Oct.

for

12

1, 1957.

1959

to

Cleveland

the

Due

Dec. 1 fr6m

on

inclusive.

1968

and interest

Principal

(J-D) payable at the

Trust

Clevelan^.,

Co.,

Montgomery, Ohio
;
Bond Offering — R. E. Steachi
Village Clerk, will receive sealed
bids

until

noon

for the purchase

(EST) on NoVj f
of $197,748 sani¬

tary
sewer
assessment
bonds.
Dated Nov. 1, 1957. Due on Nov.
1
from
1959
to
1978
inclusive;
Principal and interest (M-N) payf
able at the Silvetton Bank, Silver-,

tort.:

Legality approved by Peck.
Williams, of

Shaffer 8c

Cincinnati^

Ohio Turnpike Commission
Berea), Ohio
Rep oft—Revenue

*

Traffic

operation

of

the

(P. Q.
^
from

Turnpike

Ohio'

during Sept. 1857 totaled $2,170,922
which

of

$236,498. was from r£s4

>

taurarits

operated
by the; Ohi(|
Turnpike Commission, the Chair-?
man of the Commission, James Wn

Shocknessy,' reported/ Total
from

nine

the

rev¬

turnpike5 for

months

$15,305,976
enue

which

the

wa&

1957

of

includes

rev¬

from concessions and the net

from

revenue

Commission-

the

operated

revenue

The

restaurants.

month

equals the

pike
$15,000 jail bonds: $7,000 3s, due
on
May 1 from 1959 to 1981

1 from

-

;

first

Airy, N. C.
Bond Sale —The $36,000 bond?
offered Oct. 22—v. 186, p. 1786—
were
awarded to the Equitable
Securities Corp., at a price of par,
a net interest cost of about 3.18%,

Oct.

on

1968 inclusive.

enue

Mount

"

issue of $125,4
improvement bonds
to the City Treasury In4
Account. Dated Sept. 1,

Safe—An

Bond

■

inclusive; $200,000 3%fe,"
on

1969

p.m.

Nov.

on

1964
due

Due on.Oct.

1957.

1,

1958

from

Bond

Offering—Frederick Tub¬

Village Treasurer, will

ceive

sealed

(EST)

on

bids

until

2

rer
p.m.

Ddted Nov. 15, 1957. Due
July 1 from 1958 to 1977 inclu¬

bonds.
on

Nov. 8 for the purchase

Callable as of July 1, 1972.
Principal and interest payable at

$165,700 general improvement

the City Treasurer's office, or at a

bonds. Dated Nov. 1, 1957. Due on
1 from 1958 to 1976 inclu¬

revenue

for the

which

from the turn¬

entire year

1956

df

$15,350,966.

was

"The

nine-

approximately

experienced

Commission

a

Major Vehicular Toll Facilities"
as. follows:
"This > facility/fOhio
Turnpike): has become bfte of the
strong turnpikes in recent months.
August net Of $1,876,143 HOes hot

banking institution in Chicago,
Minneapolis,, St. Paul, and Bis¬
Legality
approved - by

Of

Nov.

sive.

fully reflect earning Capacity dur¬
ing the month, since a tleduction
from August income w&stftade for
8c aft unrecurriftg item: $52$;QO0 vras

sive. Principal and interest (M-N). marck/.

payable at the County Trust Co.,
Pleasantville. Legality approved
by Vandewater, Sykes, Heckler &
Galloway, of New York City.
7"

Dorsey, Owen, Barker,
Barber, of Minneapolis.

Salina and

Clay Central Sch» Dist.
No. i (P. O. Liverpool), N. Y.

Bond

S

school

a

l

e

—

building

The

so

Sale—Art

issue

of

$162,-

10

—

awarded

186,

v.

to

a

p.

1553

—

»

*

«

.

were

-

-

•

pose
fered

No. 1 (P.O.

Dist.

Scarsdale), N. Y.

'

••

.

awarded

posed

to

a

group

com¬

of McDonald & Co., East¬
Dillon, Union Securities &

Co.,
Ohio Company, Provident
Savings Bank & Trust Co., of Cin¬

cinnati,

Bond Sale—The
$330,000 school
building bonds offered Oct. 22—

of abou.t

v.

Uhtet and

Saugerties, Mt. Marion-

Ruby Fire District (P. O.
New York

*

Bdfid

holland,

.

Offering—John

District

huby),
-

-

W.

Mul-

Weil, Roth & Irving Co., as
33/4Sj at a- price of 10.0.31, a. basis

3,71%.,

(P.
•

Bond

O.

......

.

Hamilton City

■

School District

Hamilton),

Offering

—

Ohio

Herman

:

R.¬

Bates, Clerk of Board of- Educa¬
tion, will receive sealed bids uiv
til

noon

(EiST)

on

Uov. 7

for the

of $5,480,000 school
bids- "until
l2:30 building
bohds.
Dated Nov. 1,
p.m4 fEST)on Nov; 8 fenr the pur¬ 1957. Due semi-annually on June
chase Of $30,000 fire bondsf .Dated and Dec. lr from 1959 to I980 in¬
M&Vil, 1957. Due OnM&v 1 from clusive.
Principaland interest
receive

1958

to

Treasurer,' will purchase

sealed

1967

inclusive.

will receive sealed

pft- Nov.;:6
purchase of $106,177.88
Heights • Overlook Road /Special
Assessment bonds; as follows: v {
for

the

$74,630.72 paving bonds. Due
Dec.

from-1959 to

1

clusive.

^

on

1968 in¬
'

v

.

,

.

31,547.16 water main bonds. Due
on

Isphordlng, Inc.,

Doll" &

y

bids until noOn- (EST!

and

186, p. 1678—were awarded to
John Nuveen & Co., as 3.40s, at
100.64, a basis of about 3.34%. r

.

Village Clerk,

1

The various pur¬

—

bonds totaling $1,720,000 of¬
Oct. 21—v. 186,. p. 1553—

were

,

.

i

-

Euclid, Ohio
Bond Sale

man

Scarsdale Union Free Sch.

ad¬

an

.

group composed of

3.67%.

2.12 times and

interest of

-

offered

Halsey, Stuart & Co. inc.; Blair &
Co., Inc.; George B. Gibbons &
Co., Inc.; Hornblower & Weeks,
and B. J. Van Ingen & Co., Inc. as
3.70S, at 100.26, a basis of about

so,. tfic het' available
unadjusted coverage-of

Even

ShoWs- aft

building bonds was sold to the
justed ratio of 1.44."
Larid Department.
'
Pepper Pike, Ohio \
OHIO
Bond Offerlftg^-Viola E, Radel,

000

.

Oct.

deducted in"settlement ,of a law

suit.

State

$1,080,000

bonds

Scott

DaVeliport School District, N. Dak.
Bond

over

The Authority operates the Rip
Van Winkle

payable ajt the Bank,of Hunting-,
ton, in
proved

due

.

on

2,300,317 vehicles to 2,383,165, for
the July 1 to Sept. 30 period.
In

Henrietta, N. Y,
Offering—Don

i

Sheldon W.

—

Nov. 7 for the purchase
of $400,000 school building bonds.
(EST)

to

Revenues Higher—Total traffic
for

group:

Roosevelt &

Bond

sealed

ceive

man,

4.07%.
members

Offering

Edwards, District Clerk, will re¬

1972 inclusive.

group

Other

Y.

(P. O. Perry), N.

Cleveland^

LakeWood, Ohio

.

Heckler &

Sale

•

/

Hamilton.
S q u irfe,

particularly gbod "revenue dur¬
ing the four-month v ae a t i o h
; Pittsford), N. Y.
inclusive.
season
from June to September,
Bond Offering—Morris W. Gos21,000 street bonds: $9,000 3s, inclusive, of this year when the
kin, District Clerk, will receive
due on May 1 from 1959 to
total revenue from the Ohio Turn¬
sealed bids until 2 p.m. (EST) on
1961
inclusive; and $12,000
pike was $9,330,606", Shocknessy
Oct. 31 for the purchase of $1,3y4s, due on May 1 from 1962
said.; "Toll revenue from truck
635,000 school bonds. Dated Nov.
to 1965 inclusive. "
traffic On the turnpike bas con%
New York City, N. Y.
1, 1957.; Due on Nov. 1 from 1958
tinued to increase and during eqch
to 1986 inclusive.
Principal and
NORTH DAKOTA.
Bond Offering Date—Lawrence
of
August
and
September ex¬
interest (M-N) payable at the Ser
E. Gerosa, City Comptroller,, will
Bismarck, N. Dak.
ceeded $500,000."
"
;
curity Trust Co., Rochester. Legal¬
receive
sealed
bids
until
noon
Bond Offering — Tom Baker,
Shocknessy called attention to
approved
by
Vandewater,
(EST) on Nov. 13 for the pur¬ ity
a comment • made by Dun & Brach
City Auditor, will receive sealed
chase
of
the
$36,500,000 bonds Sykes, Heckler & Galloway, of
bids until 2 p.m. (CST) on Nov. street, Inc. of New York in the
New York City.
mentioned in v. 186, p. 1786. They
j
5
for
the purchase - of
$500*000 Sept. 30, 1957 issue of ito publica¬
will be dated Nov. 15, 1957 and
Pleasantville, N.Y...
'j
water and sfewer utility revenue tion "Traffic and Revenue Trends
mature on

prrft.

cipal and interest (M-N) payable
at the National Commercial Bank

Bond

announces

1

Bond

Dist.

able

receive sealed bids
(EST) on Oct. 29 for
purchase of $19,715,000 tem¬
porary loan notes (Issue CXLII).
Dated Nov. 25, 1957. Due on June
23, 1958. Payable at the Chemical
Corn
Exchange Bank, of New
York City. Legality approved by
Sullivan, Donovan, Hanrahan, McGovern &
Lane, of New York
City,

from 1958 to 1967 inclusive. Prin¬

22—v.

Authority,

until 1 p.m.

(EST) on Oct. 30 for the purchase
$20,000 fire department bonds.
Dated Nov. 1, 1957. Due on Nov. 1

proved

No.

$191, for

the

of

& Trust

Cruise

thority

Fire District ; Treasurer, will
2

of

Note Offering—Chairman
J.

Offering—Thos. H. Park¬
until

premium

York City Housing
New York

New

Guilderland, MtRnowtiville Fire
District (P. O. Albany), N. Y.

bids

•.

1553—were awarded to

$7,500,000 at 2.91% interest; and
$12,400,000 at 2.97%.
15,180,000 notes at par and a
premium of $112, for $7,500,000
at
2.91%
interest; and
$7,680,000 at 2.97%.

interest

sealed

p.

Company, of
Legality approved by
Sanders & Dempsey, of

Heckler &

.

a

Improvement bonds. Dated Aug.
1, 1957. Due on Aug. 1 from 1959
to
1966 inclusive.
Principal and

receive

Company, Saugerties. Legality ap¬
by
Vandewater,
Sykes,

Trust

proved

is

9W

Galloway, of New York
City.
■/
progressing satisfactorily.
.;1
At the Rip Van Winkle Bridge,
Halsey, Stuart & Co. Inc., and
Upper Nyack, N. Y.
work
is
progressing on a new
Bond Sale—The $195,000 sewer
George B. Gibbons & Co., Inc.,
roadway from the East abutment
jointly, as 3.60s, at 100.46, a basis
system bonds offered Oct. 9—v.
of the bridge to Route U.
S. 9.
of about 3.54%.
186,
p.
1553—were awarded to
This approach is being build by
George B. Gibbons & Co., Inc., as
Maine, Union, Naniicoke, Newark the State Department of Public4.10s, at 100.31, at basis of about
Valley and Owego Central School Works without expense to the Au¬
4.07%.
•"
District No. 1 (P. O. Endwell),
thority, except for nominal costs
New York
for new lighting.
NORTH CAROLINA
Bond
Offering — Kenneth
S.
Repainting of the Mid-Hudson
High Point, N. C.
Kamp, District Clerk, will receive Bridge should be completed this
Bond Sale
The $2,000,000
sealed bids until 2 p.m. (EST) on month, and construction of an ad¬
bonds offered Oct. 22—v. 186, p.
Nov. 7 for the purchase of $1,620,- ditional toll booth and widening
1678—were awarded to a group
000 school building bonds.
Dated of the bridge plaza is expected to
composed of Wachovia Bank &
Nov. 1, 1957. Due on Nov. 1 from
be completed by the end of No¬
Trust
Co.,
of
Winston-Salem;
1958 to 1986 inclusive.
Principal vember.
Merrill Lynch, Pierce, Fenner &
and
interest
(M-N) payable at
The Authority has retained Ray¬
The
Hanover
Bank, New York mond & May Associates, of Harts- Beane; Trust Company of Georgia,
City, or at the Endicott Trust Co., dale, N. Y., to review preliminary Atlanta; Andrews & Wells, Inc.;
Anderson & Strudwick, and Fol¬
Endicott.
Legality approved by plans for the approches to the
ger, Nolan, Fleming-W. B. Kibbs
Vandewater,
Sykes,
Heckler
& proposed
Newburgh* Beacon
& Co., as follows:
Galloway, of New York City.
Bridge, Mr. Stillman announced.
$1,150,000 sanitary sewer bonds:
New York City Housing Authority, New York State Thruway Authority
$420,000 6s, due on Nov. 1
'*
*i: New York
(P. O. Albany), N. Y.
from
1958 to 1964 inclusive;
Note Sale—The $35,130,000 notes
Bond
Offering — Bids will be
$250,000 3V4S, due on Nov. 1
offered Oct. 22—v. 186, p. 1786— received until Nov. 19 for the
from 1965 to
1969 inclusive;
were
awarded to a group com¬
purchase of $50,000,000
State
$420,000 3%s, due on Nov. 1
posed of the Chemical Corn Ex¬ Guaranteed Thruway bonds, it is
from 1970 to 1976 inclusive;
change Bank, Chase Manhattan reported.
and $60,000 Is, due Nov. 1,
I'
*
Bank, both of New York City, and
'1977.
:
Perry, Castile, Covington, Wat-saw
C. J. Devine & Co., as follows:
850,000 water bonds: $250,000 6is,
186,

10—

offered Oct.

building bonds

v.

$19,950,000 notes sold at par and

(EST) on Oct. 29 for the purchase
of $26,451.04 Worthington Terrace

er,

S.

U.

and

and Leicester Central School

H.

Supervisor, will re¬
sealed bids until 2 p.m.

Bond

Y. 32

N.

&

.

Innet, Town
ceive

Routes

Saugerties National Bank & Trust

'

New York

Offering

Bond

Sale—The $711,000 school

Bond

*

of

100.44,

1

—

school

$70,000

Oct.

offered

bonds

No.

(M-N) payable at the

.

(P. O. Geneseo), N. Y.

1

Bond

School District

(P. O. Baldwinsville), N. Y.

school

to

Central

1

and interest

buildings, and erection of the toll
booths and canopy on the Kings¬
ton Bridge Plaza. Construction of
the highway connection between

Dec.

inclusive.

Dated

from 1959 to

1
.

V

:

'

1968

•"

V

•

Nov.

1, 1957.
Principal
and interest (J-D) payable at the
Village Clerk's office. Legality ap¬

proved - by Squire,
Sanders
Dempsey, of Cleveland.
..

Princeloh 'Local
•

(Pi O.

Bon d

School

&

District

,

-Cincinnati^, Ohio

Sale--^

The-r.$2,400^,000

School building bonds afifeVed Oct.
i4~—v. 186, p. 1679—^were^awarded

to:

a
group Composed
Northern-Trust Co.,: of Chicagov Raxter

& Co.;, W. E. Huttoh & Co.; MerPrincipal. payable at the First National Bank .rillj Ttirbefl &.Co^ Bail," Surge &

'o2'

)

,

Number 5685

186

Volume

.

.

The Commercial and Financial Chronicle

.

for

Kraus; Ginther & Co.; Prescott &

28

Fox, Reusch & Co.; Pohl &
Inc.; Seasongood & Mayer;
Ellis & Co.. and Walter, Woody &

water

Co.;
Co.,

Heimerdinger,

4s,

as

basis of about 3.87%.
v

Sale—The

Bond

street

Road, Portland), Oregon
Bond Offering—Shirlie M. Rich¬

Ferry

■■

*""

(PSTX
of

& Company.

Richard

—

on

bids

until

1, 1957.

re¬

1957.

1973

a.m.

Due

in

sessment road improvement bonds
bffeted Oct. 21—v. 186, p. 1678—

as

idlon

Local

~

School

and

urer's

Legality

PENNSYLVANIA

Due

on

Nov. 1 from

Sale—The $1,500,000 gen¬
obligation improvement
bonds offered Oct. 23—v. 186, p.

eral

approved

by Winfree, McCulloch, Shuler &

1787—were

composed

awarded

of

to

a

group

First Boston Corp.;

eral

—

&

23—v.

awarded

were

composed
Bache

Oct.

of

Blair

&

offered

1679—were
tional Bank,

to

a

to

Due

on

Nov. 1 from

400,000 3yjs. Due
1962

to

1971

on

Nov. 1 from

inclusive.

390,000
a

group

Co.,

3.40s.

Due

on

Inc.;

Clinton

County (P. O. Lock

Bond Sale—The

basis of about

$75,000 general

obligation improvement bonds

3.24%.

,

Ohio
,r.-.j,
'Bond Offering
^ Joseph Bur■

..

,

Clerk of Board of County
Commissioners, will receive pealed
bids. until noon (EST) on Nov. 1
rows,

y

V

Li-

$33,000

of

the .purchase

for

tvbprty. Sewer- District No. 6 water
mailt

Nov.

Dated

bonds.

.

Pue

1957.

1,

Nov/1 from 1959 to 1968
Principal and interest

on

inclusive.

(M-N) payable at the Union Sav'

"

Jugs. & Trust Company, of Warrep.

'-c;\"'-V

•

>(K

V

>

"

Bond

ea

:

'

a'tor

incirU

..

Sutherland &
-r

'.vv.*:

i

»

.

Carrollton,

West

.

Oct. 21 were

offered

bond®

»..k_

.

'

.

~-K,

^

-tr

Ohio

Offering—Robert Wilson,

■-tr Bond

^

:

!' plant- improvement ' and

merit

.

-V-

Special assessment street improveujv.arded to Ryan,
?■' -f**<

v

•

'Warren, Ohio
Sale—The $117,334

Village Clerk,'will receive sealed
bids until 'noon (EST) on Oct. 30
for the purchase oj: $3,262.21 impro,vement', s p e c i a 1 assessment
bbhds. Dated Octi.la,cl957.Af;Due

on Dec/15 from
1959 to 1968 inelusive. * Principal
and
interest
(J-D) payable at the Winters Na.*
tiohal Bank & Trust Company, of
.West. \ CaiTollton.
Legality
ap-

'T

-•'

'
1

"•

*'

'*"

j."

.

'-1

' '

"V",

k-' 1

"S

Z.£y

..

-

£1

/'<■■■*'•«

".r*

■:

.

"

fC\ i

A

* f.

Only you can dry

;the tears of Hunger

*

.

■

proved by Peck, Shaffer & Wil¬
liams, of Cincinnati.
/

j

Westerville, Ohio

$134,000 special

Bond Sale—The

improvement

street

assessment

bonds offered Oct. 17—v. 186, p.
awarded to Sweney,

1679—were

Cartwright

&

Co.,

as

3V2S,

at

The U.S. ■ Government .has

stocks

to

deliver

7

186,

—v,

to

a

p.

group

First National

.

a

big Food Crusade

overseas.

...

go

And your name

and

with each package, to
sends

Sell.
Dist. No. 29 (P. O. Norman), Okla.
hiBond Sale—The $625,000 build¬
ing and equipment bonds offered
Cleveland County Independent

Oct.

abundance

package to a needy family

address

awarded

of farm

Every $l you give enables CARE

OKLAHOMA

•

I

"given -CARE precious
precious^
given

a

basis of about

price of 100.43, a
3.41%.
'

; *

1554 —were
composed of

tell

22

lbs.

hungry children and their
of food to the

parents that you, and our country
are

their friends

.

.

world's

v

hungry

Bank & Trust Co.,

Security National
Bank, and
City National Bank, all of Nor¬
man;-and Leo Oppenheim & Co.,
as 3j/4S, at 10(1.004, a basis of about
Oklahoma City;

;3.24%.

"

Edmond, Okla.
$75,000

-

Sale—The

Bond

•

National

First

Bank;

swim¬

Join the

construction and im¬
provement bonds offered Oct. 21
—v.
186, p. 1786—were awarded
to

Citizens National Bank

the

of

'Edmond.

S

(P.

660 First Ave., New York

16, N. Y.

Clerk

O. Muskogee),

CARE

Okla.

of the Board of Education,

receive

sealed

bids

until

2

(CST) on Oct. 30 for the
purchase
of
$57,500
building

p.m.

Food

'

Bond

Okemah, Okla.
Offering—Clarice

Smith,

'

Town

Clerk;-, will receive

sealed


bids until 7:30pm- (CST) on


Oct.

to be delivered in my name, wherever most needed.
YOUR

NAME

I
ADDRESS

I

Crusade

,

j

I

Due from 1960 to 1966 in-

bonds..

delusive.

for Food Crusade packages j

j Enclosed find $

Offering—Roy H. Fisher,

Bond

will

,

I

Muskogee County Indep. Sch. Dist.
No.

CARE

pool

ming

426

ZONE

CITY.

Note:

Contributions

are

1

Haven), Pa.

jfrumbull County (P. O. Warren),
,■>

Nov.

from 1972 to 1982 inclusive.

*J5ond Sale—The $759,000 school
building bonds offered Oct. 23—
C186,. p. 1554—were awarded to
a''group composed of Braun,.BosWprth & Co., Inc.; Ball, Burge &
Kraus; Provident Savings Bank &
Trust Co., Cincinnati; and Curtiss,
lioiise & Co., as 4V4S, at a price ol
100.58, a basis of about 4.18%.
:

•'

p.

group

Philadelphia; Kidder,

Ohio

District,

186,

a

186, p.

Co., and Hulme, Apple-

price of 100.03,

22—v.

1958 to 1961 inclusive.

gate & Humphrey, Inc., as 3y4S, at
a

Oct.

awarded

Peabody & Co.; and A. E. Masten & Co., at
100.05, a net interest
cost of about 3.43%, as follows:

Sale—The

offered

Sale —The $950,000
gen¬
obligation improvement

bonds

$650,000 gen¬
obligation improvement

eral

District, Pa.

Bond

$160,000 6s.

Bradford, Pa.
Bond

Chester School

63

composed of the Philadelphia Na¬

Nov. 1 from

on

1976 to 1982 inclusive.

1679

Allentown School District, Pa.

Sayre, of Portland.

.

Due

420,000 3V8S.

bonds

Bonds due

payable at the City Treas¬

office.

Nov. 1 from

1965 to 1975 inclusive.

in¬

(F-A)
payable1 at
the
Coiinty Treasurer's office. Legal¬
ity approved by Winfree, McCul¬
loch, Shuler & Sayre, of Portland.

Principal and

1967.

Principal

on

1958 to-1964 inclusive.

660,000 3s.

1959 to

Bond

interest

wer$ awarded to the Farmers Na¬
tional Bank & Trust Co., Ashta¬
bula, as 414s. at a price of 100.05,
atbasis of about 4.24%.

1,

Feb. 1 from

inclusive.

1968 and thereafter are callable

of Dec.

on

Due

terest

Dec. 1 from

on

Due

,

,,

$420,000 4V4S.

on

purchase of $75,000
bonds.
Dated Nov.
1,

building

Dated

bonds.

1977 inclusive.

1958 to

11

(PST)

Schmidt, Poole, Roberts & Parke,
and A. Webster Dougherty & Co.,
at a price of par, a net interest
cost of about 3.16%, as follows:

Nov. 4 for the

E.

Nov. 5 for the purchase
sewer

Clerk, will receive

District

sealed bids until 8 p.m.

Helens, Ore.

Offering

-$300,000

Dec.

ards,

*

sealed

ceive

Ashtabula), Ohio
y
Bond Sale—$10,050 special as¬

;

'

*

•

*

Singleton, City Recorder, will

I Saybrooh Township (P. O.
"

'

-«►

St.

$16,700

Washington County School District
95 (P. O. 5225 S. W. Schols

No.
*

1968 inclusive.

Bond

—

,

from

.

.

Jbonds
Clark

$50,000

Due

'

improvement special assessment
offered Oct. 18—v. 186, p.
were
awarded to Fahey,
1678

.

of

bonds.

OREGON
¥

Ohio

Rittman,

.

purchase

1959 to

101.19, a

at

the

works

(1899)

STATE.

Income-Tax Deductible

^

j

of-

64

The Commercial and Financial Chronicle

(1900)

fercd Oct. 22
Trust

1554

O. Lock Haven), Pa.

(P.

Sale —The

$150,000 gen¬

obligation improvement

bonds .'offered

Oct.

22

awarded

1554—were

186,

—v.

Haven Trust Co., Lock

Haven,

Dickson

First

Dated

July 1, 1957, Due on
July 1 from 1962 to 1977 in¬
clusive. Interest J-J. Legality

as

approved

City, Pa.

City,

as

of

Bank

Dickson

5%s.
Manorville,

Pa.

250,000 Riverfront - Willow St.
improvement bonds, Series D.
Dated Sept. 1, 1957. Due on
Sept. 1 from 1958 to 1971 in¬
opinion

Nov.

on

item.

5 lor the

purchase of $5,000 gen¬
obligation bonds, it is re¬

eral

ported.

Dated

(Commonwealth of)
Note Sale
The $33,000,000 tax
anticipation notes offered Oct. 24
—v.
186, p. 1679—were awarded
to
a
syndicate headed by the
Philadelphia National Bank, Phil¬
adelphia, as 3s, at par plus a pre¬
mium of $3,784.21.
Mellon

cate;

of

National

of
City

airport

bonds.
Due on

from

Principal and interest on all of
the issues payable at the Chase
Manhattan Bank, New York City.

Martin, Tenn.
Offering—Max Burchard,

syndi¬

the

Bond

Bank,

Recorder,

City

will receive oral
Pittsburgh; First National
Bank, of New York; Continental bids at 7:30 p.m. (CST) on Nov. 7
Illinois
National
Bank, of Chi¬ for the purchase of $300,000 water
cago; Bankers Trust Co.; Chemi¬ and sewer revenue and tax bonds.
cal Corn Exchange Bank, both of Dated Nov. 1, 1957. Due on Nov. 1
Callable
New York; First National Bank, from 1959 to 1971 incl.
of Chicago; The Hanover Bank, of as of Nov. 1, 1967.
Principal and
Ne .v York; National Bank of De¬ interest
(M-N)
payable at the
troit; First Pennsylvania Banking Union Planters National Bank of
and Trust Company, of Philadel¬ Memphis.
Legality approved by
phia;
Cleveland
Trust Co., of Chapman & Cutler, of Chicago.
Cleveland; Fidelity - Philadelphia Putnam
County (P. O. Cookeville),
Trust Co.; Girard Trust Corn Ex¬
T€t\fl€SS(21?
change Bank, both of Philadel¬
Bond Sale—An issue of $100,000
phia.
building construction bonds was
J. P. Morgan & Co., Inc.; North¬
sold to the First National Bank of
ern Trust Co., of Chicago; Peoples
Memphis, as 4lis.
First National Bank & Trust Co.,
of
Pittsburgh; Mercantile Trust
TEXAS
Company, of St. Louis; National Bexar
County Road District No. 1
City Bank, of Cleveland; Harris(P. O. San Antonio), Tex.
burg Trust Company, of HarrisBond Offering—Jack B. Crosby,
burg, and the Central-Penn Na¬
County
Auditor,
will
receive
tional Bank, of Philadelphia.
sealed bids until 10 a.m. (CST) on
Nov. 6 for the purchase of $300,RHODE ISLAND

ous

Sale—The

$610,000 vari¬
purposes bonds offered Oct. 9
.186,

-—v.

1427—were awarded

p.

to

a
group
composed of G. H.
Walker & Co.; Goodbody & Co.;

Provident Savings Bank & Trust

Co., Cincinnati; and Seasongood &
Mayer, as 442s, at 100.15, a basis
of

to

were

awarded

posed of A.

to

group

com¬

C. Allyn & Co., Inc.,

Ira Haupt & Co., B. J, Van Ingen
ik Co., and Barcus, Kindred & Co.,

Due

Nov. 1 from

on

1965 to

Due

5:!-is.

Nov

on

1

1988

to

Due
1993

Nov.

on

from

inch

DIVIDEND NOTICE:

15,
1959

Principal

and

Bowie

County Road District No.
(P. O. Boston), Tex.

1

Bond Sale—An issue of $1,000,000 unlimited tax road bonds

sold to

as

1982

1987

bonds

1972.

on

dated

are

callable

are

Principal

as

1,

the

to

Texas

First

Bank

&

Dallas

1957,

declared

a

quarterly dividend of fifty cents
($.50)

per

share

on

Trust

Southwest

Co.,
\

Independent School District,
7

bonds. Dated

house unlimited tax

Nov.

Bond

Offering—Secretary T. W.
announces

Education

will

1, 1957. Due on May

of

as

1 from
callable

are

1977. Principal

May 1,

and

interest

schoolhouse bonds.
1957.

the capital

Due
incl.

(M-N) payable at a Dallas
purchaser.
Legality approved by Dumas, Huguenin & Boothman, of Dallas.
Travis

County (P. O. Austin), Tex.
Offering—Tom E. John¬

Bond

County

son,

the

on

Dated

Dec.

by

Dec. 1 from 1958 to

Manhattan

or

Bank,

at
of

City. Legality approved
McCall, Parkhurst & Crowe,

of Dallas.

1

1959

from

to

1976

inclu¬

dinterest (J-J)
State Treasurer's

Principal
payable at the

an

Legality approved by Gib¬
Spence & Gibson, of Austin.

son,

Upton County (P. O. Rankin), Tex.
Sale—An

Bond

issue

000 courthouse and
to

R.

$225,-

jail bonds

Dunbar

K.

of

&

was

Co.,

as

Due

April

on

15

from 1960 to 1962 inclusive.

Due




Indep. School District,
Texas

Bond

to

Due

schoolhouse bonds

was

$30,000

sold to the

McLean

&

Co., of
Sept. 1,
Sept. 1 from 1962 to

on

Dated

Due

after

or

April

15,

A-O.

Parkhurst

(P. O. Seattle),

Sale

Bond

offered

—

Texas
Bond Sale—An issue of $50,000

schoolhouse bonds
State Board of
Dated

Oct.

sold to the
as

1957. Due

on

to

1987

4 lis.
Oct.

Wash.

as

of

Oct.

15,

1967.

Lake

District
Bond

tary

No.

Sale1—The

2,

Utah

to

sewer

186f

Bond

sewer

revenue,

bonds

offered Oct. 22—v. 186, p. 1679—
were awarded to Edward L. Bur¬

Inc.

and

Bros.

Burns

&

Denton,

which operates from North

way,

Vancouver to Prince George, will
use
the proceeds for the repay¬
ment

of

outstanding bank loans
in part in
connection

incurred
with

the

sions

from

Prince

Dawson

Creek

to

construction

of

public

north

Fort

and

in

sale

exten¬

George

St.
The

area.

United

the

talities

1555—
Co.,

p.

&

Province

the

of

sold

a

total of $45,000,000 debentures un¬

guaranteed

the

by

Province.

issue

of

$355,-

BRUNSWICK

NEW

Fredericton, N. B.
Bond Sale—An issue of

WISCONSIN

2

to

$400,000

% public works bonds
a

was sold
of Nesbitt,

composed

group

& Co., Ltd., W.' C. PitCo., Ltd., Gairdner & Co.,
Ltd., Greenshields & Co., Ltd.,
Cochran, Murry & Co., Ltd., and
Winslow & Winslow, Ltd., at a
price of 98.12. Due in 21 years.
Thomson

Milwaukee, Wis.
Bond

Sale
bonds

The

—

offered

field &

$5,500,000
Oct.

22—v.

1680—were awarded to

p.

a

group composed of

Halsey, Stuart
Inc.; Kidder, Peaoody &
Co.; Philadelphia National Bank,
Philadelphia; Blair & Co.; Hornblower & Weeks; Baxter & Co.;
Auchincloss, Parker & Redpath;
Co.

en

Freeman
and

at

&

Co.; J. Barth & Co.,
Raffensperger, Hughes & Co.,
price of 100.0036, a net inter¬

a

cost

of about

3.128%, as fol¬

lows:

ONTARIO
>'

from

3 Lis.

Due

on

Nov.

Bond Sale—An issue of

Due

on

98.08. Due

1

440

on

Corp., Ltd., as 6s. Due
Sept. 30 from 1958 to 1977 in¬

clusive. Interest M-S.

Tibury North,

Sale—The $600,000 school

offered
—

were

Sept.

awarded

the

to

improvement
Due

on

Oct.

inclusive.

Mrs.

Clerk, will

ceive

until

sealed

bids

Arvida

7:30

re¬

p.m.

Oct. 31 lor the purchase

on

$279,000

Nov.

to

school

1, 1957.
1977

Due

bonds.
on

Dated

Nov. 1 from

inclusive.

Principal

(M-N) payable at

to

be

District

agreed

upon

a

by the

and the purchaser,

the Silver Lake State

or

at

Bank, Silver

& Cutler, of

by

Chapman

Note—All bids received for the

foregoing bonds when originally

Septl 4—v. 186,

on

—were

rejected.

1977

Sch.

Commission,

$325,000
building bonds was sold to a group
composed of A. E. Ames & Co.,
Ltd., Royal Bank of Canada, and
Geoffrion, Robert & Gelinas, Inc.,
at a price of 93.34, a net interest
cost of about

5.94%,

$125,000 5lis. Due

as

on

follows:

;

Nov. 1 from

1958 to 1967 inclusive.

200,000 5s. Due
1968

to

on Nov. 1
1977 inclusive.

Dated Nov.

Sale

—

'

Int. M-N.

1, 1957.

Deschambault,
Debenture

from

Que.
An Issue

of

village, debentures; waa
sold to Grenier, Ruel & Cie., Inc.,
as 5Lis, at a price of 98.72. a basis
$32,000

Chicago.

offered

1958 to

Bond Sale—An issue of

Lake, at the option of the holder.

approved

to

Quebec

•

bank

from

Catholic

Irene

Kimball, District

sold
as

QUEBEC

(P. O. Genoa City), Wis.
—

1

$188,736

was

Co., Ltd.,

Interest A-O.

(Village) Joint School District
Offering

bonds

J. L. Graham &

Randall (Town) and Twin Lakes

Ontario

Bond Sale—An issue of

186,

11—v.

Channer Securities Co.

Bond

$2,208,-

improvement bonds was pur¬
privately by the Midland

Securities

(Village), and Blooming
(Town) Union High School
District ( P.O. Madison), Wis.

1

M-N.

chased

Monona

No.

Interest

London, Ontario
Bond Sale—An issue of

Nov.

Grove

892

Nov. 1 from 1958 to

on

inclusive.

1

from 1963 to 1977 inclusive.

Bond

$455,538

bonds was sold to
Bell, Gouinlock & Co., Ltd., and
the
Dominion
Securities Corp.,
Ltd., jointly, as 5%s, at a price of

1958 to 1962 inclusive.

3.10s.

Bqrrie, Ontario

improvement

1977

Granger-Hunter Legality

Lake City), Utah
Sale —The
$1,500,000

and

It is expected that the public
offering of the debentures will be
made sometime next month by a
nationwide group of investment
firms managed jointly by Morgan
Stanley & Co.; Harris & Partners,

5*

p.

Salt Lake County,

lars.

Co., Inc.

$175,000 sani¬ and interest

bonds offered Oct. 18—
1555—were awarded to
a group composed
of Lauren W.
Gibbsv Juran & Moody, Inc., and
Barcus, Kindred & Company.
v.

maturity and will be non-callable
than for the sinking fund
Principal and inter¬
est will be payable in U. S. dol¬
other

paving bonds was
Southwick-Campbell
&

1959

Sanitary

calcu¬

for 15 years.

street

5%

sold

of

City Suburban

debentures

lated to retire the entire issue by

conditionally

Sale—An

Bond
000

(CST)

Salt

The

sinking fund

a

$77,000 bonds

Grande

to

Olympia, Wash.

Interest A-O.

UTAH

have

obligations was in April
of this year when two instrumen¬

5s, at 100.23.

as

inclusive,

1968 and thereafter

Bonds due in

callable

was

Education,

15,

1958

from

Dist.,

will

186,

The

Oct. 21—v.

awarded

were

p.

Sch.

by the Province of Brit¬

Columbia.

States of Province of British Co¬

bonds

Indep.

ish

guaranteed
endorsement
of principal and

lumbia

by Mc¬
Crowe, of

&

interest

be

by

Districts

Legality approved

Call,

instrumentality

King County Road Improvement

from 1968 to 1972 inclusive.

Callable on
1967. Interest

to

to the payment

as

last

15

Dated Oct. 15, 1957.

an

is

John in the Peace River

4,125,000

April

on

Le¬

Seattle.

$1,375,000

inclusive.

1967

4Lis.

145,000

water

Sale—An issue of

bonds

revenue

5*4s.

as

issue

The Pacific Great Eastern Rail¬

$155,000

}987 inclusive. Interest M-S.

April 15 from

on

«.

Everman

13500 Phiimont Ave., Pbila. 16, Pa.

to

Tacoma,

est

3%s.

Company,

unconditionally

Wash.

sewer

sold

was

permanent

Improvement District (P. O. Salt

businesf November 29, 1957.
W, B. ASHBY. Secretary

and

Oct. 28 for the purchase of $900,000

New York

holders of record at the close of

water

will receive
a.m. (CST) on

sealed bids until 10

1,

Principal and interest

Compay, of Dallas,

Chase

December

1957, to stock¬

Ilwaco,

and

the Prov¬

Inc.

Bond Sale—An issue of

Judge,

sealed

(J-D) payable at the Texas Bank
& Trust

stock of the company, payable

13,

inclusive.

bank designated by the

that the Board
receive

1,

1959

from

WASHINGTON

to 1990 inclusive. Bonds due

1958

in 1978 and thereafter

are

exas

1

gality approved by Preston,
Thorgrimson & Horowitz of

15

'

March

on

President of Board of Trus¬
tees, will receive sealed bids un¬
til 7:30 p.m. (CST) on Nov. 4 for
the purchase of $1,080,000 school
ney,

Wallis

was

Dated March

1957.

Independent Sch. Dist.,

bonds

Clement

McKinney Indep. Sch. Dist., Texas
Bond
Offering—Fred McKin¬

Sale—An issue of $50,000

and

1976
October Jti,

the Lubbock
Lubbock. Legal¬

Bank,

ity approved by Gibson, Spence &
Gibson, of Austin.

interest

bids until 3 p.m. (CST) on Oct. 31
for
the
purchase
of $3,525,000

on

1983

to

Bank in Dallas, or at
National

1963

Nov.

of Nov. l,

and

improvement

Browne

•

Due

Principal and interest (M-N) pay¬
at
the
Republic National

50,000 4s.

Bank, Dallas.
Legality
approved by McCall, Parkhurst &
Crowe, of Dallas.

of

•

1956.

able

payable at the Mercantile

CD

ctiutctiticl

school bonds.

Premier

Bennett,

of Finance of

ince, announced on Oct. 25 the
filing of a registration statement
with the Securities and Exchange
Commission covering $30,000,000
sinking fund debentures due 1987
of the Pacific Great Eastern Rail¬

The

Jacobs, County Clerk, will receive
sealed bids until noon (EST) on
Nov. 6 for the purchase of $5,500,000

of)

—

of the Province.

Principal and
Dallas.
interest (M-S) payable at the Na¬
Lubbock County Water Control and tional Bank of Fairfax; First and
Improvement District No. 1 (P.O. Merchants National Bank, Rich¬
Lubbock), Tex.
mond; or at the Chase Manhattan
Bond Sale—An issue of $600,000
Bank, New York City.
Legality
unlimited tax bonds was sold to a approved by Mitchell, Pershing,
group composed of R. J. Edwards, Shetterly & Mitchell, of New York
Inc.;
First Southwest Co., and City. (Bids for a $4,000,000 issue
Rauscher, Pierce & Co., as 4s. were rejected at the June 26 of¬
Dated Nov. 1, 1957.
Due on Nov. fering.)
1
from
1958
to
1967 inclusive.

Nov. 1 from

inclusive.

National

COMPANY

Directors,

1957.

Dallas.

AM ERICAN

of

Call,

$30,000

jointly.

Board

Interest
Legality approved by Mc¬
Parkhurst & Crowe, of
1,

Nov. 1 from

inclusive.

282,000 4lis. Due
The

on

sold

The

Nov.

follows:

$718,000.4lis. Due

Co.,

•

1986 inclusive.

to

1978

C.

A.

way

Fairfax),

Virginia
Offering — W.

Bond

645,000 4 Lis. Due on Dec. 15 from
Dated

514%

a

Fairfax County (P. O.

inclusive.

inclusive.

1977

1969 to

sold

'

Bond

notice,

Dec. 15 from

on

1968

to

455,000 4V4S. Due on Dec. 15 from

was

Rauscher, Pierce & Co.,

follows:

school

NCOftPOAAT

1957

ofice.

Antonio.

T exas

•

Due

$400,000 5s.

186,

Carrcllton

METER

as

follows:

school

N)
1

sold to

was

Education,

sive.

from 1973 to 1987 incL

635,000 6s.

of

Board

State

the

naming

rate,
was
rejected at the offering on
Oct. 23 of $485,000 enlargement,
expansion and improvement
bonds.—v. 186, p. 168ft-

Jan.

1957 and

Due

Nov.

from

(J-D)
payable at the
Manhattan Bank, of New
City. Legality approved by
Dob to. ins
&
Howard, of San

Nov. 1 from

on

bonds

000 schoolhouse

received,

bid

one

—

Texas

Bond Sale—An issue of $1,500,-

W.

Minister

Staunton), Va.
Bonds Not Sold
The

(Province

Million
Deben¬
The Honorable

$35

With SEC

tures

South River
Sanitary District (P. O.

IndependentSchool District,

Laredo

Registers

,

Augusta County,

of Dallas.

York

1983 to

1972 inch

15

VIRGINIA
r

COLUMBIA

Columbia

British

Crowe,

Parkhurst &

McCall,

by

CANADA
BRITISH

5.08%.

Sept. 1, 1972.
Legality approved
of

Chase

1958 to 1964 iricl.

425,000 5%s.

M-S.

Co., and Dwinnell, HarkHill, jointly, as 5s, at a
price of 98.26, a basis of about
&

ness

interest

1958 to

$290,000 5Lis.

Dated

June

inclusive.

1974

follows:

1,050,000

on

as

Monday, October 28, 1957

.

.

&

ton

improvement
bonds. Dated Nov. 1, 1957. Due on

186, p. 1207—T

a

bonds.

Due

1957.

about 4.47%.

offered Sept. 26—v.

as

road

000

Pawtucket, R. 1.
Bond

callable

J-D.

July

1

1973 and thereafter

Bonds due in
are

of

as

1, 1957.
1958 to 1962 in¬
clusive. Interest J-J. Legality
approved by Wood, King ot
Dawson, of New York City.

July

—

members

Legal

callable

Bonds

municipal

65,000

1

noted in preceding

as

July 1, 1967.

Pennsylvania

Other

Interest M-S.

clusive.

Bond OlTering-UBHs will b" re¬
ceived until 8 p.m. (EST)

Mar¬

Caldwell,

by

shall, Trimble & Mitchell, of
New York City.
Bonds call¬
able as of July 1, 1967.

Sale—The $55,000

National

Willow St.

-

improvement bonds, Series C.

4%iS.

Sept. 1, 1957. Due on Sept.
from
1958
to
1980 inclusive.

Dated

Interest

Riverfront

$700,000

p.

general
obligation improvement and re-,
funding bonds offered/ Oct. 9—v.
186, p. 1427 — were awarded to

for

5

bonds,

follows:

as

41 j>s.

Bond

Nov.

oh

(EST)

noon

bids

sealed

receive

purchase of $1,015,000

Lock

the

to

until

the

Dance,

Offering

will

State Board of Education, as

,

.

Bond

Mayor,

County Institution District

Bond

Knoxville, Tenn.
—
J. W.

—

to the Lock Haven

Co., Lock Haven, as 4s.

Clinton

eral

186. p.

—v.

awarded

were

.

p.

.1428

of about 5.69%. Dated Oct. 1,1097.
Due on Oct. Ffrom 1958 .to 1972
inclusive.

Interest A-O.