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university MICHIGAN OF MONDAY ISSUE 1954 4 OCT administration LIBRARY Number 5365 Volume °180 .New York 7, RAILROAD PUBLIC UTILITY - INDUSTRIAL - Price N. Y., Monday, October 4, 1954 INSURANCE - Gross from railway.. Vet from railway-... Vet , ry. 1954 J .''-$331,469 .. - ... • - 229;997 17,190 - ... 1952 $483,082 . 51,075 income. oper. 1953 $584,857 . 94,093 ■ • -y.--".y:.;' ■ • In This Issue ■; ,y: r ' from Jan. 1— from Wet ry. —V. . , 3,291,206 180, p. 3,623,786 -965,398 463,827 - I 1,632,448 203,442 income. 905. 4,354,714 ' 583,935 railway oper. ' ** ^ ' - -673,703 - • - 3,766,141 1,187,001 538,647 ^ Stock and Bond i . Alabama Gas Corp.—Registers The corporation SEC «re of Sept. on 29 filed record plied amendment. ' Detroit Stock Exchange. .. , Net : •• • be of property additions proceeds are to the company*^ treasury for expenditures made for such for 1954 and 1955 are estimated Stores Corp Total bef. Fed. Earn. Federal Cansol. net 1,375,000 1,350,000 2,800,000 950,000 1,316,241 1,371,446 2,632,249 2,759,559 \ 5.10 5.52 10.20 11.12 0.48 0.51 0.98 1.03 earnings.: stock Common —V. _—.. Exchange on Sept. filed 23 a There of SEC. covering 5,333 shares of common to common stockholders of record Sept. fcasi3 of Wov. I, one share for each new There 1954. —_i.__._48 23 shares held; 15 was net The Hanover Bank, fonr redemption New trustee, 1, Nov. on York, redemption fund i ' - the holdings in •f General The election of activities in both Mr. • 16 y 59 Radio Reserve Operating revenues Clearings. 49 3 from income Net , *. 12,138,140 $764,550 271,474 , , from income\before $1,986,970 U. 3. Federal Income tax— Federal income tax incomd -V. 180, SM\ •:$v 'M\ 320,000 $526,574 p.,-1205. I American Cyanamid Co.—Opens New Laboratory— * and applications laboratory to give increased service - to the paper industry, has been opened in Chicago, III., by the company's Paper Chemicals Department, it was announced on Ctept. 8 by John M. Walsh, General Manager of the department. The new laboratory, working in conjunction with mill customers vmH do experimental work with the company's newer paper chemicals as they may be used in connection with a wide variety of pulp lumishes. In working out new chemical formulations for papermaking and in testing new papers, the laboratory will try to approximate mill operating conditions with respect to the many variables in mill operations which may be reproduced in the laboratory. "The rapidly increasing acceptances of paper as a substitute for traditional textile uses and for wood uses, has. in many cases, made . A new development specifications necessary," said Walsh. Mr. "Paper mills trial runs new mm paper may not always find it feasible to make a wide variety of do the extensive testing necessary to determine the and conditions and amounts of chemical additives needed to •sr 'if .-vv ■Mm optimum give the desired properties." promotional and educational program of Cyanamid, centered wround MELOSTRENGTH Resin for wet strength, has led to a steady stream of inquiries from business and industry. These inquiries relate to completely new and expanding uees for paper. „ Until now, developmental and applications research has been carried «ut at Cyanamid's Stamford Research Laboratories. However,, as the company's list of. papermaking chemicals has grown, it has become necessary to expand and separate application research from develop¬ mental and fundamental research, which will continue to be the chief paper "The function of the paper Chemicals Laboratory at Stamford. Trio of •rani",*i Trio Uranium cf- also Mines ifr' on holds 1,000 extensive 1 ■ involving $550,000 will provide development of the company's retire outstanding all bond to $52,000 making Issues. a total St. Andrews Bay Ry.—Earnings— 1951 1952 1953 $316,470 $319,359 $304,435 $308,356 177,477 169,403 152,782 162,010 63,051 48;438 46,862 49,582 railway- 2,515,190 2,555,792 2,408,598 1,228,243 2,400,623 1,292,128 377,272 381,715 —V. 2,901,134 taxes b share 1205. per 180, p. revenue Co., Washington, D. C. Commission— company underwritten will receive an & Co, and Hettlemen & Co., who underwriting commission of 5c per share. For unsub¬ by Johnston. Lemon purchased by the shares scribed writers will pay to the company underwriters and resold, the under¬ 56% of all net profits realized thereon. of the financing is to provide the company additional capital funds to finance the growth and expansion of the company's business, and to qualify the company {pr licensing in a number of States which are important sources of additional premium volume in the aviation lines written by the company. The company now has outstanding 250,000 shares of stock, of which approximately 12% is pwned by directors and officers.—V. 176, p. 681. The purpose Bankers transfer Seal-Kap Corp. Trust warrants to Co. has purchase of Delaware—Agent— been agent appointed common to and Seal-Kap issue American 1954, exercise of to buy and sell 180, p. 1205, stock of Corporation of Delaware; to accept, through Oct. 5, such warrants; and, as agent of the stockholders, to twe rights nn subscriptions only.—V. up 1954—12 Mos.—1953 $448,522 2,338 — deductions $413,404 $4,457,263 45,889 $3,886,9U 2,638 $450,860 income $416,042 $4,503,152 $3,936,130 49,219 65,960 78,248 888,708 842,702 $384,900 $337,794 $3,614,444 $3,093,42® —— income Net stock 50,713 44,154 536,411 469,820 stk._ $334,187 $293,640 $3,078,033 $2,623,608 Com. shares outstanding 1,550,000 1,331.741 1,550,000 1,331,741 $0.22 $0.22 $1.99 Earns, —V. pfd. on for Balance com share.. com. per 180, p. $1.S 814. Atlas Plywood Corp., Boston, Mass.—Sales Up— This business corporation's recent r ' months, in Sales flected The August ahead I. Elmore vacations running were added has new a unit sold and took Countyf Me., and at Center, Texas. management Curtis Temple, in National ward is retired Bank a on at is considering opening Hutchlns H., were President and improvement Sept. 29. over on the Hebron, similar Md., plant plants in Aroos¬ ; Clark E. Woodward of Mr. Hutchlns is Chair¬ Aroostook RR. and is also a Hollingsworth & Whitney Co.; St. Croix Paper Co.; Second M. N. said levels when demand had re¬ September volume has been This plant's daily capacity has been wire-bound veneer boxes. to make shown President, July plants. from customers at has volume MacPhie, up of August. corporation director American • $2,395,294 $26,462,457 $24,458,41] 1,981,890 22,005,194 20,571,506 2,091,773 income Income man The 405,962 1954—Month— 1953 $2,540,295 ____ & taxes.,, income Gross $4.88 filed a registration statement with the SEC on Sept. 27, 1954, covering. 150,000 shares of its $1 par capital stock. The com¬ pany proposes to offer the shares for subscription at $2.00 per share by holders of its capital stock, at the rate of three additional shares for each five shares held of record Oct. 15, 1954. The offering is to be 1,407,977 • 5,455,375 $2.59 —Registers With Securities and Exchange This 492,958 exp. Dividends Mercury Insurance American 1,391,227 905. p. Qperatlng Operating 1Q5T $38,074,500 $46,797,535 • after : income- railways oner, 180, Other Off— ' Net corporation rich Ontario Atlantic City Electric Co.—Earnings— , sales income Earnings $846,574 1,080,000 $906,970 S. completely this of indicated north. financing by Ascot and Period End. Aug. 31— • Provision foriCJ. holdings the to Enters — , , 1QKA Net ' Net bank - ^6 Weeks of— Net 82,024 (net): Township Canada entry an hi°,b>~rade Township, 1954 from rv. of Acrylonitrile," published by this company's Petro¬ American Exika Corp.—Sales and Earnings First $1,715,496 operations—; income Kon-operating shares reduce From Jan. 1— Department, is now available. It contains abstracts of the more important expferimfental data, both from published literature and the company's files. The 16-page booklet also contains a section on the treatment of persons who have been exposed.—V. 180, p. 529. 1953 12,333,238 2,132 date. to used Sound. the represent developing McDougrtll in railway. Net from railway Net ry.^oper. income—_ 50 System Issues New Booklet—■. "The Toxicology ' $14,048,734 $12,902,690 Operating expenses and taxes bp Parry near from Gross chemicals Earnings— 1954 6 Months Ended June 30—- to Atlanta & —V. the announcement Corp. (& Subs.) and later a Toronto, h - - • . President, reports the firid'by the .acquisition of Henvey Operating American Cable & - -: August— Capital Flotations for Month of June Winberg signals the expansion of the company's the domestic and export markets, Ltd., '■ located venture: Net - be \ Operating profit for Ascot for July jumped of $230,000 for the first six months. Gross - at will adequate working capital for a thorough uranium 50 The Course of Bank 821.' the election of F. Manager for the past year. Corp. additional Recent 58 ' announced public — Federal f. Winberg as; President and a member of the Board of Directors. He has been asso¬ ciated with the company for several years and has held the position 27 stock preferred the offerings , properties new reported acreage pioneers in the field of controlled vaporization of Sept. on of to the Robertson, deposit, Net insecticides, shares sold 438. p. uranium acre American Aerovap, Inc., N. Y.—New President— This corporation, be from Metals uranium Condition Statement of Member Banks of will be redeemed at the and accrued interest to the debentures will be Paying agent is The National City Bank of New York.—V. 179, p. 180, Ltd., Reserve Banks fund price of 101.35% Nov. 1, and the remaihing $5,000,000 of redeemed at 102.85% and accrued interest. sinking 1,359 will Combined Condition Statement of Federal has drawn by lot amount of 3%% Y., N. $7,500,000 principal 1954, debentures, due 1970. Of those drawn for redemption, $2,500,000 sinking no proceeds '•Andrew into 37 Rates—— Exchange Subscribed—Of the stockholders, approximately 96% of both for. Rights expired on Sept 24. underwriting. stock .Ascot Averages_37 — Dividends Declared and Payable. Foreign 629,686 subscribed Uranium Field— Redemption Calls and Sinking Fund Notices. .50 Aluminum Co. of Canada, Ltd,—Calls Debentures— 242.222, Co.—Offerings 96% unsubscribed loans.—V. Averages..—i.._37 State and City Bond Offerings— warrants to expire on 123,055 37 General Corporation & Investment News-Cover will be no underwriting. 40,778 ' - recently offered for subscription by preferred common The Miscellaneous Features of notification with the (par $25) to' be offered at $45 per share on the letter stock Farms were The corporation " • common .'The Stock Exchange—Curb Section..._._47 Allied Thermal Corp., New Britain, Conn.—Files— The 753,04^ shares of $3 issues —44 Stock SEC Index of Stock Prices., 905. p. (par $1) and Stock National Quotation Industrial Stock 356,493 cumulative and participating pre¬ ferred stock (no par) and 52,876 shares of common stock Transactions American Stock Exchange,——37 178, p. 2297. t 137,706 fixed M 180, Arden 41 Dow-Jones Stock and Bond after ductions 32,699 41 Transactions New York Stock Exchange. « 4,671,760" . taxes ch'arges and other de- ; - 38 — Over-the-Counter Markets 2,691,241 $6,356,245 " 54,398 inc. Fed. income —V. .40 Toronto tax. Earnings per share— 4% cum. pref. stock 4,861,387 38 Toronto taxes inc. income $5,818,792 630,375 Net 38 — — Exchange Stock Francisco . $ $ 115,662.057 231,604.820 226 ,494,574 709,559 2,721,446 5,432,249 118,624,442 sales...., net 1953 1954—6 Mos . $ $ $933,916 618,864 after Exchange.——42 Canadian Stock Exchange—... __43 Subs.)—Earnings— (& $755,127 oper. ' Philadelphia-Baltimore Stock Exchange——.41 San 1954—3'Mos.—1953 Period End. July 31— .— Angeles Stock Exchange.—I—— Montreal Allied revenues Railway oper. expenses Net railway oper. inc. Railway 38° — Pittsburgh Stock Exchange Construction expenditures $3,500,000.—V. 180, p. 997. purposes. «t Exchange——--. Midwest Stock Exchange. to reimburse or Los *• construction for used Stock Arbor RR.-^—August Earnings Lower- Ann Page;':' ;yj - Cincinnati Stock Exchange subscription date, by ' — Boston price and underwriting terms are to be sup¬ Allen & Company is named as the principal for share new one Quotations •-"> ■ of its $2 par common stock. These shares by common stockholders at the rate each 10 shares held on the record date. The for subscription ■underwriter. V-'' 'I With SEC— registration statemerit with the a • (Stocks)___!—_—17 New York Stock Exchange (Bonds) .J... -29 American Stock Exchange. 33 covering 84,119' shares to be offered ? York Stock Exchange New Mm sec-* 1 . railway.. ..'i from Gross Vet *1 J* A share, with a dealer's discount of 70 cents per share. It:> was completed.—V. 180, p. 905. V ^ i v ■ "C * 80,537'* —- MISCELLANEOUS - ohdary offering of 7,000 shares of common stock (par $4)' was made on Sept. 17 by Blyth & Co.,sInc.at$28;50per". s $521,088 > 176,071 - < -141,260 84,389 - • 1951 * Copy a Anheuser-Busch;. Inc.: — Secondary, Offering - Youngstown RR.—Earnings— & Akron, Canton ^ugust— $1 of as of Bangor the of Boston director of Aug. 1954 1, Bangor, elected and Me:, and directors. & Merrill Trust Liberty as new Mutual Senior Co. of Insurance Vice-President Mr. Wood¬ Eangor. Co. from after 42 which years he of service.—V. 179, p. 2470. Atomic Power Uranium Corp.—Stock Sold—The pub¬ lic Stock— American Service Co.—Seeks Purchase of The Oct. 25. stock to not to National First receive an Atlanta, Bank, tenders for the sale Ga.( tp amount sufficient to exhaust exceed the redemption the will up to company and including of its preferred the sum of $156,424 at prices price,—V. 178, §. 237. offering .of 600,000 shares of common stock (par 10 cents), which was made on July 20, last, by Continental Securities, Houston, Tex., and Hunter Securities Corp., New York, at 50 cents per share, has been completed, all of said shares having been sold, accord^g to an an¬ nouncement on Sept. 30. See details in V. 180, p. 340. ADM. BUS. LIBRARY Ma 2 Park Audubon stantially or EFFECT stock (par the Common 70,000 •Includes the to "Any 1206. P underwriting - the in Consolidated the for income net erable ended Aug. 31, months nine the 1954, in based Net cents $267,700,333 last per year.—V, 180, 50. p. - , Vice-President in charge of the company's Tubular Products Division, on Sept. 3 announced: 'To help meet the increasing demand for alloy steel tubing, our division has recently completed a four-year expansion program which has more than doubled our steel-making facilities amd provided a capacity of about 230,000 ingot tons per year." Mr. Livingstone said, "The program also provides a flexibility and integration of tubemanufacturing equipment which enables B&W to proJuce a wider variety of specialty tubular products than any other manufacturer." Mr. Livingstone- pointed out that the peak needs for national defense could. claim a good share of the nation's total production of Alloy tubing. It is used to make mortar barrels, shells, tank track pins, submarine detector tubes, rocket tubing, aircraft frames and engines, fuel lines and hundreds of other parts of military equip¬ ment including atomic energy applications. He also explained that many of tne largest industrial users of Alloy tubing are indirectly connected with national defense. They would include such industries as bearings, refineries,"chemical plants, rubber manufacturers, transportation and power equipment manu¬ facturers. "These industries have made great strides in improving their production processes and end-products since World War II and in so doing, they have created numerous new uses for qew and standard grades of alloy tubing," Mr. Livingstone said.O. Livingstone, New Contract— San .. .,. Ohio Hallway Hailway Net lfet oper. ry. —V. This In Car should be held to increase the concentration Youngstown's productive and Bethlehem company 10,000,000 shares American of Sept. on 622. - 20,000,009 to are Ajax shares of be.issued stock (par to for exchange in Working 2,871,052 4,377,669 180, Beatrice Three Profit Foods Co. (& corporation covering at Sept. on 4.000,000 five The cents net Provision Federal Federal for income sufferers taxes - . by ry. filed, 23 shares of Net *'1,367,000 Earnings per 'Subject share.. common 1*540,000 be to are (par to adjustment the at end the of fiscal for and year. A of air new a asthma nation's purifier was and announced hay fever Sept. on 29 line of new slides and by Capable of holding 25 the TDC CV2 Viewer, elides whether TDC CV3 Viewer, glass Division. Norge 2 Stereo 100 TDC Stereo Vivid DeLuxe a accommodates stereo slides, standard all mounted. Of TDC a Selectrays.—V. 180, Stereo new for cases A radically the The said audiometer new medical offices, David H. and is for other Barnow, in use places industrial hearing plants, tests contains 75% Net United Air Lines, airborne for Sept. 27 by C. I. Rice, is ordering a C-band system for evaluation, Net The (5.6 mc system, new Bendix designated as ry. announced was (3.2 V. Mr. cm), models of 180, the C-band Rice version stated, airborne the permits now the for radar to conjunction of Control Lake & Erie Gross from in the ry. 5,400 Bendix X-band From Gross from Net from Net ry. Radio to aviation offer two industry.— —V. 180, E. G. tbent And M. G. "We net of to sorry approve two competition "Under 3,394,079 1,458,659 2,005,460 696,084 1,308,650 515,022 20,533,575 15,227,299 19,388,923 8,419,234 4,700,025 7,214,088 4,189.328 3,121,901 3,674,838 to Sheet regard Tube the to approval & of Co., decision the said of merger in the of Depart-' Bethlehem part: Bethlehem-Youngstown the Section is steel 7 of constructive a merger. step industry anywhere. Clayton Act, as the combination will not impair Gross Net in 1950, thp will the sale that Conn. be Under delivered about interest an to 11 May rate institutions, 1,-1954, Co, All $100 at line with the capital that portion of will 3.20% of the largest the of pre¬ per share, with the of outstanding company's structure with the at policy the stock, its of dividend reduce preferred new given to be will capital the rate shares the annual by $36,000. It .is stock is completed holders the of 5.25% date pre¬ will *1 Canada$5100 VOTE: On „ 2-0613), 1 Drapers pe*yea°r account of Gardens. London, E. Other Countries the fluctuations in Jan. 1952 1951 *4,815 89,262 81,390 49,637 968,179 1,185,794 55,901 1,020,904 1,064,977 503,168 629,173 16,267 Chairman by this company that believed the 35,624 425,625 452,360 be to distanced the only price second by the 180, p. of the of uranium Board, on 17 Sept. all equipment holdings of J. According has the Simplot Co. and machinery in was "more largest recent than a three now largest producers in Colorado. it the of the Vernon. Pick this year, Delta , out¬ mine addition, ada as of well which 3,177,092 *2,578,610 *2,856,688 907. registration a to prospectus, is owned into plus offer of stock. 615,275 by were Simplot par SEC the for such additional Cameron Acquisition as 825,900 of Cameron with stock, whom or Certain- of Aug. 16, 1954, pro¬ Certain-Teed proposes to shares as be may stockholders. issued 830,900 and deposited Certain-Teed outstanding shares ings the operation. shares, of hold Cameron from ranging President elected to be Cameron of of in afford Certain-Teed which there .are 1.11% some include 3,203 six to Cameron diversification territory deemed presently are now bo of R. its opera¬ favor¬ Cameron's 1,705,599 holders. Offiwrs 10% slock; shares. The with the and 180, p. selling individual After Weddington) directors of Certain-Teed.—V. in outstanding directors 102,744 (F. known such- its of his to economically contemplated two hold-, acquisition, others remittance for ^ Wise of Los Angeles granted on Period End. Aug. 31— and 1954—Month—1953 Net properties. the Camoose company has lead and zinc holdings in Can¬ uranium claims in Grand County, Utah. income Earns, per 1954—8 Mos.—1953 $ $ $ 26,216,000 Gross and Harold Exploration Ad¬ the 1 ' 32,838,000 197,479,000 232,515,000 3,376.000 com. share— 5,517,000 21,022,000 31,202,000 $0.42 $0.69 $2.63 $3 92 * —V. 180, p. as foreign subscriptions are 814. Chesapeake & Ohio Ry.—August Earnings— George McHugh, Gen¬ Lloyd Haight and William 907. (Continued on page and advertisements must be made in New York funds. . stock¬ 11) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher(general news and advertising Issue) with a statistical issue on Monday]. Other offices: 135 S. La Salle Street, Chicago 3, Ulinoii C., England, c/o Edwards & Smith. Copyright 1954 by William B. Dana Company. Reentered as second class matter February 25, 1942 at the ge of the will expansion changes or of of Camerdn; major directors holders of of permit p rntp on stock, common exchange 1 and 2, have been in pro¬ the Sierra Bonita Co., been with $1 in persons other to the control control No common were William had its shares certain $ sale statement agreement dated of their shares. an acquisition shares, its 5,000 and business reported to be among the Explorations have blocked out $2,500,000 General Partner in loan 3,637,393 3,322,233 615*275 shares will give Certainand, according to the prospectus, is the opinion of the management of Certain-Teed that the acquisi¬ tions are Best, Grand Junction, consulting geologist. .Camoose also assumes an $88,770 Defense Materials ministration 8,198,933 412,950 shares of Certain-Teed Products the effetcive tion Montrose. in 7, 059,111 filed 74%, the to owns able. is worth of high grade uranium ore and it is reported that the total hold¬ ings have barely been scratched. of 28,800.485 covering to these Cameron oner- This dollars." transaction uranium sale million for acquire and Intermediaries 28,715,798 2, 056,284 p. by entered .pursuant announced R. 1954, offered approximately Teed 718. (Canada)—Acquisition— highly mechanized Simplot mines Waldeck 41,846,863 of the $7 par capital stock of Wm. Cameron & Co., of Waco, Texas, at the rate of one-half share of Certain-Teed Products stock plus $11.50 in cash for each share of Cameron stock. ^ - Atlas Corp. . *196,688 36, 945.877 /shares Co., Waco, Tex.—Exchange Offer below.—V. 28, be Teed total 180, corporation ept. y 906. & *82,464 ?rtain-teed Products Corp.—Registers With SEC— • p. 568.801 $137,416 15,084 552,870 income oper. ♦Deficit.—V. $129,488 1951 $3,890,982 663,789 388,853 railway railway.—,— from ry. 1952' $3,710,806 1,152,133 1— from Net 1953 $5,068,068 1 ,103,906 *$55 00° °* -MarCh 3' 1879-: Subscriptions In United States, U. S. Possessions, Territories and Members of Pan-American Union, $48.00 the be $4 ,663,767 income—. oper, From Gross 1954 — railway..— railway COMMERCIAL MID FINANCIAL CHRONICLE (Reg. U. S. Patent Office) jlr, ~a"a ®eib®rJ^.PresidenL Published twice a week [every Thursday «M,H to reasonable a lower informing them that their stock before Dec. 1, 1954.—V. 130, p. 1207. or to 1955. 1, / refinancing preferred this notice on on from from Net ry. Idaho. In amended Hartford, Insurance Nov. in 5.25% August— 2,343 Mines, Ltd. Grand Junction, The and of largest the company by substituting 40,000 stock, to which the ; Life a sound pointed out the if 1954, stock redeemable ■ 1953 eral to learn that the Department of Justice has concluded the companies in with withhold for Station institutions, bonds with proposed was refinance Dallas $142,282 Representing Simpldt in the transaction Manager, Boise, Idaho, and attornies Corp.—Merger Disapproved— Chairman, the the stock applicable 1, Steam $3,300,000 par to annum. per that He preferred that Nov. about 4.35% stated stock ferred Co., The three mines, Peanut and Gregor Nos. duction almost a year. Justice are the 2,904,048 3,901,240 Youngstown of manager *253,270 ; Cameron Agate. Boise, cated 3,275,302 Steel Grace, of The as and being sold continuously new this on sold be of is York New money. planned uranium mining claims in Montrose County, Idaho. Principals in the Simplot sale did not reveal the exact price, but indi¬ 1951 906. Bethlehem the ie 180, purchase 3,183,119 1,238,804 14,518,098 and 52,585 income oper. Camoose The income or¬ ating mines, and 375 1952 522,779 railway p. 1953 672,190 railway oper. sales New York, in each district. correlated by S. G. Chicago, will preferred of viding - 1— Jan. duties Instrument See Certain-teed Products Corp. system RR.—Earnings— 1,839,021 railway Net from railway Net ry. oper. income directed his national the territories *57,622 railway railway (Wm.) present commercial 1954 1. districts, $98,555 The transaction involves Bessemer Sept, agency the rate maintain of are Co. the of 1954, being sold at and September. - Acker cost of Insurance 1, pro¬ outstanding. A large the financing of the Point of difference 12 the complete middle $7,700,000 - Nov. preferred stock stock Mr. the to Life sale, about being dividend headed sold Aetna the the 1955, now Danskammer about to from to repay short-term estimated capital require¬ year the used proceeds used stock be of being bonds new 5.25% the Bendix Radio for of the and preferred will operation are the be the company's 1954 of will annum, ferred by affect not Chicago, at unit • that stated for 5.25% capital being the The in¬ 22 of kw. bonds of per a number a The investment banking firm p. 718, income oper, of August— does of preferred stock to securities new balance in terms All Dallas Sept. on Corp.—Private Place¬ Sept. 30 announced its plans approval of the New York P. S. on new provide new 70,000 dividends be with railway "Deficit.—V. on 814. p. plan company, primary will Bendix Corp. operates RDR-1C, the frequency range bue is similar in design and has several interchangeable unit3 with the RDR-1 system now in production. of the effect sales railway from cm) Addition took from Net of it Aviation the announced new 1954 from Net version Manager of aviation sales Communications. Division of the combined manufacturers company, was of the Electric & President, the the the placed From Jan. 1— Inc., radar Gas securities. new Acker, of purchaser Inc., Brooklyn, N. Y.v owned subsiidary, has elected John J. Hyland, President and to the newly created post of Chairman of the Board, it from Gross HDR-1 covering The three of related operations 180, this Division August— Gross com¬ Bendix Aviation Corp.—New Radar System— the R. Net clinics, fewer 896,901 the purchasers Cambria & Indiana RR.—Earnings- Executive Vice-President. Weighing les? than 11 pounds, its circuit ponent parts than most other audiometers, 1,758,512 $4,000,000 the was announced by John S. Coleman, Burroughs President. W. Paul Smith, Executive Vice-President, was named President.—V, 180, p. 346. conducted, are of equipment, which consist directors wholly Founder, storing and carrying TDC schools, where "4,375,055 2,765.484 Central RR. of New Jersey—Earnings— The design in audiometers for accurately testing hearing on Sept. 20 by this company. new 6,064,951 2,588,547 new D. C.— Burroughs Corp.—New President of Unit— announced was in Division.—V. the Beltone Hearing Aid Co., Chicago—New Development loss 4,627,955 income— 907. borrowings, part of Vice-President. nlan, with sales Paddock DeLuxe Vivid Day, will organization President. Products the Complete 530. p. Affairs, Inc., Washington, Divisions abating W. Dallas, a two anounced railway.:—__ 28,639,476 3,434,260 sale ments 4 stereo ASA capacity, larger sales Leadbetter, Dudley and batteries. spare has also stereo slides and cardboard National noise L. ganization - case or holds case and TDC Development— viewers. 169,796 28,777,495 was national Architectural Company division announced on Sept. 20 a designed for more orderly storing and carrying stereo stereo of Libertyville Ralph Dimension cases 226,104 29,490,177 Kidder, Peabody & Co. assisted the company in the bank underwriting. The net proceeds are to be used to meet operating expenses or other obligations.4—V. 179, p. 1369. Under Three 332,696 26,307.882 income railway 60,000 shares of posed without dustrial 2470. Bell & Howell Co.—Announces New ... 426,072 p. Ernest 530. p. new and This is equivalent, after provision for dividends on the preferred to $1.77 per share of common stock presently outstanding, corn-, pared with $1.51 per share of common stock for the six-month period, year. The 1951 $3,304,580 451,936 of institutional investors. Burgess-Manning Co., Liberty ville, 111.—National Sales Organization Plan Expanded— .stock, p. 1952 $3,426,532 purchaser Earnings for the six months ended Aug. 31, 1954 amounted to $2,320,343, as compared with $1,748,682 for the corresponding period last- 179, 1953 sell, subject to the Commission, $11,000,000 of 30-year first mortgage bonds * be to Allan W. Egbert Co., Ogden, to pay expenses incident to used the of many the form Bureau ; last year.—V. 15,087,831 622,224 to the with cent) one of corporation's 180, share, $0.86 $0.97 12,502,536 $3,437,477 Central Hudson $1,028,180; - 1,980,007 1,941,828 664,031 335,995 oper. —V. 180, company on Sept. 20 filed a letter of notification with the SEC covering 500 shares of common stock (no par) to be offered at $32 per *2,568,180 $1,263,276 income.— on profit $ railway....... from ry. notification letter of stock a common through share, per proceeds relief in the current net 33,917,328 1954 oper. Net The ' Consolidated 1954—8 Mos.—1953 '•■"$•'• $ 40,684,315 278,385,490 313,908,439 38,704,308 265,882,954 298,820,608 $3,212,141 from shares shareholders Files With Securities and Exchange Commission— 1953 2,630,276 ;• 998. p. V From Jan. 1— Called the Norge-Aire, the air purifier removes 99.4% of the pollen, mold spores, house dust, and other common air-borne allergens from room air, according to R. C. Connell, Vice-President of Sales, $74,713,856 $71,849,513. taxes..., 180, railway.... from from Gross operations, Positive Subs.)—Earnings— (including storage earnings) before Canadian 2590. p. Net which Big Horn Uranium Corp., Ogden, Utah—Files— The ; 1954 the from cars 1954—Month—1553 35.859,156 ment—The corporation -V, Months Ended Aug. 31— sales flat Central of Georgia Ry.—Earnings— The Net 70-ton approximately $850,000.—V, August— Empire Gold Mines Co., owner of Big Horn's leased properties. E. V. Lamey, 6201 Sand Springs Road, Fort Worth 14, Tex, The net proceeds are to be used to pay expenses incident to mining operations. 66,706.715 32,041,227; 46,120,215 22,203.933 9,591,951 110 20,086,000 . United $ $ at expenses remaining of the valued is Net earnings....... -V. with the SEC outstanding be ordered * 469,735,000 2,989,000" * 6,217,000 550,000 Cars— earnings........ Gross of $" 56,958,000 417,756.000 449,649,000 $ , cent), one (predecessor companyi and initially offered at par to Co. are letter of notification a common $ 53,432,000 Flat has 1954—8 Mos—1953 $ 59.947,000 423,973.000 Period End. Aug. 31— Youngstown stockholders. We are action may properly be taken to filed 23 30,000,000 shares 1954—Month—1953 53,982.000 Co. Foundry order Gross facilities. 180, p. Rys.—August Earnings Lower— Canadian Pacific Ry.—August Earnings— and further what possible."—V. merger *222.193 *741,035 revenue 110 company & The Big Horn Mountain Uranium Co., Boulder, Colo.—Files The 1097. p. competition of feel exploring the covering 32,221,692 206,910,644 245,605,276 income oper. 180, vigor *589,333 *1,117,230 National operating Orders merger industry 1954—8 Mos.—1953 $ 5,823,827 - the on *388,041 *1,003,634 Act is going to be of the Clayton 7 549.685 "1,209,811 906. p. Operating revenues..... Operating expenses Net unless Section *86,309 1,870,000 $ and the consid¬ products, Bethlehem and Youngs¬ and supplement each other to a degree unique of sale of 20,968,748 ry. oper. that, "195,259 1,801,000 Period End. Aug. 31— Net 41,813,643 253.030,859 312,311,991 expenses from rev. than rather locations geographical lines their 180, Canadian stimulate will *187,364 1,832,000 the industry. to actively make Utah. 32,792,575 revenue.. oper. and '■*20,169 145,346 income oper. Deficit.—V. convinced spirit are letter the ry. ♦ Borg-Warner Corp.—New Air Purifier— 1954—Month—1953 $ Youngstown both "133.049 1,592,000 railway.. railway. from Net - sted RR.—Earnings— Period End. Aug. 31— ' * $257,000 "103.219 income oper. from Net if competition increased. merger is 1951 $200,000 "41,868 From Jan. 1— Gross strongly that the proposed merger would be beneficial the standpoint of the national economy, the national defense, the mining Baltimore & : ry. 1952 $193,000 1954 railway railway from Net there competition from 245. p. and within is different in complement effect offered 180, Bethlehem of merger their of still "We . Diego Gas & Electric Co. below.—V. a or officals believe addition SEC See Net England—Earnings—- 1953 $295,000 k from . the industry, the be entirely lawful. Certainly it would not of capacity in the industry or tend to put the combined company in a position to restrain free competition in any market or tend to create a monopoly. "Even after the Bethlehem-Youngstown merger, the United States Steel Cdh>. will still be far and away the largest company in the industry, with major plants in all industrial sections of .the country. "The proposed merger is in contrast with some mergers in the past which have had the effect in various industries of closing plants and causing unemployment. Here, the merger would lead to a material - # prohibit affected Bethlehem-Youngstown period same not does 7 ■ steel over-all Completes Expansion Babcock & Wilcox Co.—Division Edward the during $312,728,859 with - • Gross varying in applied by the courts in such a way as to prevent all mergers, regard¬ less of the extent of the competition between the companies or the common compared as ■ whatever are confident that the merger competition in the steel industry. both the "We share for the similar period last year on 8,992,391 shares then outstanding. sales for the first nine months of fiscal 1954 amounted to 32 applicability its significantly not differences town all with is projected "Because Etc.— compared as to as eliminate course law. the "They charges, including Federal taxes, amounted to $3,002,843 with $3,163,343 in the same period of 1953. Earnings in the first nine months of the 1954 fiscal year, after preferred dividend requirements, were equivalent to 31 cents per ■common share based on 8,992,584 shares outstanding as compared After opinion of Section "Responsible that of , Manufacturing Corp.—Earnings, that industry restrict Avco will merger August— not "1,280,000 shs. .... . of Chronicle.Monday, October 4, 1954 Canadian National Lines in New ^ been * industry; underwriters pur¬ See also V. 180, purchaseable by the agreement. shares the differences lessen competition sub- may monopoly in any section of the country. construed by the courts, there is a not be between the two companies. But our counsel tell us that that necessarily prohibited. They tell us that it is necessary to consider the over-all effect of tne merger on competition in the Outstanding 1,500,000 shs. 10c)__._ of terms has may FINANCING Authorized to create situations. is PRESENT TO for room day, all of said shares having been sold. GIVING tend Section that "As by Berwyn T. Moore & Co., Inc., Gearhart & Otis, Inc. and F. H. Crerie & Co., Inc., was completed on the same CAPITALIZATION whether a particular merger is question Offering Over¬ Inc.—Stock Raceway public offering on Sept. 24 of 900,000 shares of common stock (par 10 cents) at $1 per share subscribed—The suant The Commercial and Financial C 73 4- (132?) oer vcar: in Dominion of ~ ' • Number 5365 Volume 180 The Commercial and Financial Chronicle ... (1323) 3 Capital Flotations in the United States in June And for the Six Months of Calendar Year 1954 Domestic corporate financing in of 32 issues and represented 17.81% June last, amounted dollar volume. to $987,358,500, being substantially larger than May's total of $716,902,559, but appreciably lower than the total for June a year ago of $1,114,301,499. However, it should be that the noted emissions year. dtfllar total that surpassed for volume previous any v ... , of .. • ■ x- issues privately No. of Issues January 9.74%. April or of preferred stocks for that reveals the month in various the categories five-year table, our we set as 222,675,000 36.25 17.81 52 June last constitutes an increase in dollar volume. A comparison of the current month's total with that for May last, dis' closes an increase in the latest month of totaled $385,175,500 or total of all corporate 39.01% of in that CORPORATE Capital New 91-days 2,290, 218,000 1,502,433,000 99.805 91-days 2,285, 019,000 2,227 835,000 1,500,489,000 1,501,255,000 99.792 «0.82!> 99.795 *0.813 1,503,051,000 99.818 + *0.71J 2,205,132,000 1 Va 1 Mi 1 year 322 529,100 100 lVi May 17 1 year 271 ,640.900 May 1-31 May 1 9%-12 yrs. 12 years May 1-31 May 2 years May 1-31 May 1 463 771,151 322,529,100 271,640,900 463,771,151 a a, 33 ,000,000 33,000,000 100 2 100 c ; months of Refunding $393,416,930 Total $4,139,700 May May $397,556,630 Total for 1,893,703 7,433,840 564,414,602 3,119,600 733,584,804 34,490,678 785,913,420 June 17 June 24 825,690,750 26,170,200 851,860,950 Jun 1*30 Jun 1 ; June 3 91-days 2,200,412,000 1,500,501,000 99.820 3 June 10 91-days 2,068,870,000 91-days 2,225,453,000 2,207,297.000 522,691,636 1,500,160,000 1,500,303,000 1,500,973,000 522,691,636 99.844 + *0.616 June 17 5,045,000 5,045,000 91-days 9%-12 yrs. $3,733,166,916 June Total for June Total for six $3,655,919,195 the and Four emissions made $77,247,721 $30,000,000 up bond issue of Los ' the total of all financing in June of United States Possessions which constituted the $3,000,000 offering of the City and County of Honolulu, Hawaii; 1%, 3% and 5% Kalihi Tunnel bonds, due seri¬ ally from 1955 to 1984 inclusive; $1,700,000 Anchorage, Alaska, W\% and 41/2% paving and auditorium bonds, due serially from 1955 to 1969 inclusive; $1,000,000 Ketchikan, Alaska, municipal utility revenue 37/*% bonds, due in 1982 and the Anchorage, Alaska, Tele¬ phone System 3%% and 4%% bonds, due serially from 1955 to 1968, inclusive, i , No Canadian financing its provinces or on the part of the Dominion, municipalities to came light during June last. BY ♦Average separate 1854, 1953 AND Capital —tl952 Refunding 521,319,354 $ Total $ New v Capital 2 years *0.635 a a 100 2 100 c 6,529,673,636 months— rate '0.633 99.840 on all 70,400,608,567 bank a discount which of from 10 end of E—Beginning basis, changed were a Comprised thre* of follows,: as 9 H of months. one Individual year. $10,0b0 from SERIES 8 years, months instead 6 intermediate' doubled to years May to year. limit $20,000 Interest starts accruing tl.) at Also the yield Js higher in eac \ on annual purchases has bee k value. maturity bond, Series H, availab') beginning June 1, 1952, bearing 3% interest, compounded semi-annually, when held to maturity. Issued at par. Series H will mature in 9 year > and 8 months, with interest paid by check semi-annually. Redeemafr.) at par any time after 6 months from issue date, on one month's notici. Series H has individual limit on annual purchase of $20,000. SERIES J (NEW)—New current income replaced Series F and G Bonds, respectively, AND K—These 1, 1952. Series J and K yield a return of 2.76% when maturity, instead of the former rate of 2.53% for F Bonr » and 2.507c for G Bonds. Intermediated yields of Series J and K w.-.U of as held be May to higher than those of F and G. Annual purchase K combined is increased to $200,000. limit of Series J and For Savings 30, 1952 "Chronicle." data previous on Bonds, footnote see on page 268'/, of Series A was terminated on May 1A, of Series B began on May 15, 1953. Not*) interest to the 15th of the month aim if held to maturity or two years interest approximates 2.47%. Sa; > of Treasury notes of Series "C" began on Oct. 1, 1953 and are solil Sale c 1953. of notes Treasury Sale of Treasury notes sold are at accrued and par accrued interest to the 15th of the month and if he<L or two years, interest approximates $2.20 per month t t note. The sale of Series C Treasury Savings notes was su s¬ pended on Oct. 23, 1953. For previous data on Treasury notes, see foc;» note on page 1470, October 19, 1953, "Chronicle." par and maturity each $1,000 Refunding ToAal # 576,914,161 543,724,952 9,548,200 553,273,152 25,159,845 666,467,810 365,724,376 75,851,400 441,575,776 5,999,485 1,723,400,028 1 __ 99.840 1, 1952. Overall interest rate raiscl from 2.9% to 3% compounded semi-annually when held to maturity. Higher rate achieved by shortening the maturity of the Series E Boi 1 at 1952 12 years series, SERIES June MONTHS *0.714 May 25 June 10 June Angeles, Calif., School Districts. ' 15,479,756,151 — June June 1-30 bonds 1 '/a 100 399,836,510 556,980,762 730,465,204 527,318,839 825,109,085 13,357,925 838,467,010 47,300,782 1,770,700,810 112,141,200 614,225,924 614,765,864 10,540,950 180,014,200 716,902,559 624,958,430 15,677,234 891,217,851 96,140,649 625,306,814 USE 1,734,558,413 98,757,525 748,507+08 788,361,335 640,635,664 37,112,169 1,114,301,499 776,72<925 927,335,925 717,255,364 723,982,364 388,296,049 2,318,486,983 2,316,913,624 63,330,353 2,380,243,977 2,242,485,374 197,194,250 2,439,679,624 3,232,090,415 494,761,309 3,726,851.724 " 4,040,313,652 110,631,135 4,150,944,787 3,977,043,787 "295,951,775 4,272,995,562 10,724,440 619,301,395 1,153,242,203 49,789,700 Security 2,773,203 241,941,230 203,265,164 153,T90,133 Jan 7 91-dfoy Treas. U. Bds. 561,229,600 bonds- 418,435,408 1,774,942,775 711897,483 490,332,891 274,877,316 2,049,820,091 0 1,213,000 Jan 21 91-day Treas. Jan 28 Jan 1 Jan Jan Treas. S.( Savings Depositary 1 antic'n Tax Total for 1,500,528,000 1,501,661,000 Feb 91-day Feb 18 91-day Feb 25 91-day 1 Ctfs. Feb 1 Treasury Feb 1 Ctfs. 912,0( ) 434,0C ) 561,229,6C ) 1,213,01 J 6,565,292,600 6,001,504,000 1,500,268,000 563.788.6CJ 1,500,268,000 bills 1,500,294.000 1,500,066,000 Treas.. bills 1,500,145,000 bills 1,500,751,000 1,500,751,000 indebt'ness 5,645,000,000 228,01> 1,500,145,000 5,645,000,000 Treas. . . notes- Treas." bills 91-day 1,499,879,000 1,500,313,000 January 4 Feb 734,272,786 Indebtedne $ 1,500,348,000 1,500,528,000 1,500,749,000 1,500,348,000 Treas. Feb 11 1,865,000 Refunding V bills bills bills bills 91-day 91-day Jan 14 356,455,297 15,362,643 1,595,515,411 New Accepted S 1,203,031,903 239,168,027 FUNDS Total Amount 1,833,315,938 1,077,189,330 732,407,786 OF Type of Dated 987,358,500 1,580,152,768 . ' .-— 5,620,466,420 October 125,993,778 5,746,460,198 5,751,986,562 570,829,091 6,322,815,653 82,957,165 940,432,830 466,311,143 857,475,665 474,482,187 89,650,200 36,483,000 1,424,178,944 786,271,197 44,200,333 830,471,530 71,920,964 2,321,364,703 2,118,229,049 430,874,616 28,773,944 2,249,443,739 — 6,664,020 437,537,199 1,387,695,944 November, Treas. 564,132,387 424,210,596 December. L.—— May 397,942,807 i : 608,576,955 Nine months *0.773 6 May 6 1 Vn 641,307,965 Third quarter c 9,020,406,774 100 591,678,292 j. April—:. 1,501,728,000 329,997,217 — September 2 1,501 728,000 70,653,000 106,465,260 1,408,364,741 ft 2 years for *0.885 a 2,396,000 May 13 29 May to July August Apr 396,000 year - 1,930,190,934 Six months—— Total 99.776 100 100 2 1 16,141,452 , Apr 1 12 years May 17 May 17 FINANCING Total 1,502,504,000 511,230,774 Apr Apr 1-30 1,000,883,000 511 230,774 May $626,112,804. $ , — quarter Apr 1-30 2,986 820,000 2,493 521,000 V/% —tl953 Refunding 52-days 91-days 9%-12 yrs. Apr i 100 502,084,724 ' Second 99.895 + *0.725 Apr 100 536,888,359 June Apr 22 100 500,772,709 _ 22 Apr 1,785,399,000 486,689,232 May Apr Apr 1-30 99.740 + *1.027 2,889,328,000 521,025,292 April *1 065 2,364 475,000 1,785 399,000 15,372,739 1,301,899,481 *1.013 99.731 Apr 2,889 328,000 $ First quarter—_ 99.744 15 1,501,274,000 1,501,394,000 mo. 20,439,521 March 1,500,053,000 year 466,249,711 , 99.731+ *1.063 2,137 984,000 2,214, 164,000 1 314,624,478 January February 1,500,672,000 91-days 91-days 91-days 91-days May 17 -1954New 2,339, 935,000 Apr Apr May 17 4yr.-9mo. , OF Apr 1 8 May 17 4yr.-9 we SUMMARY c 8,109,278,926 May May grand, up March M>i,y present a tabulation of figures since January, 1952, showing the different monthly amounts of corporate financing. Further revisions in the 1954 and 1953 figures may' be necessary, particularly as additional private financing is brought to light. s a 2,327, 388,000 9,754, 752,000 revenue and only $127,706,892 made was for Municipal offerings of size floated in June comprised $300,000,000 bond issue of the New York State Thruway Authority and $119,210,000 Local Housing Authori¬ ties bonds; the $38,500,000 State of Kentucky Turnpike Motors month's 2 Apr the five-year number *1.03l> 100 2 years June 1-30 Half-Year." 52 1 1,916,000 91-days Total financing.; In the previous month, that is May last, the total Below the totaled Mar 99.740 a 601,778,926 1,916,000 100 601,778,926 12 years 751,422,742 Other issues of fair proportions floated during June may be found on a subsequent page under the caption, "Large June Mar 99.750+*0.950 99.733 + *1.050 91-days June {System, Inc., 3V2% debentures, series D, due July 1, 1979. Corporate Issues During Mar 1-31 2,371,847,000 May 20 April Acceptance Corp. came the $58,023,500 placement of 580,235 shares of 3%% cumulative convert¬ ible preferred stock, series C, (par $100) of the American Cyanamid Co., $54,000,000' Ohio Valley Electric Corp. 8%% first mortgage and collateral trust bonds, due Jan. 1, 1982 and the $40,000,000 offering of the Columbia Gas Private offerings in 2,716,773,000 2,531,185,000 91-days Mar 1-31 Mar 1 9%-12 yrs. May 27 March few Domestic Mar 25 *1.0*5 May 20 February of the larger offerings placed in June of the current* year included the $100,000,000 offering of the Aluminum Co. of America 3% sinking fund debentures, due June 1, 1979 and a like amount of 2%% 99.731 May 13 New were iron, steel, coal, copper, etc., $162,16.48%; miscellaneous $141,799,072 or 14.36%; oil $61,534,898 or 6.23%; investment trusts, trading and holding campanies, etc., $53,015,124 or 5.37%; railroad $7,350,000 or 0.74%; land, buildings, etc., $1,274,173 or .0.13%, and motors and accessories $900,000 or 0.09%. General 1,501,139,000 1,501,159,000 1,501,048,000 1,501,440,000 at each or the Mar 18 1,500,708,000 $65,947,530. For June, 1953, the total amounted to only $411,775,430 and for the like period in 1952 a somewhat greater amount dollar volume \ ' has shown January 15, 1959 of Next as to size Mar 22 Mar 11 % 2,220,841,000 99.732 + *1.05> 2,268,989,000 91-days '91-days 94-days 91-days Mar 11 Mar 25 note that public util¬ due June Yield Price $ Apr i 39.01 j followed by $180,682,055 other industrial and manu¬ facturing, which comprised 18.30% of the month's over¬ all figure. Other categories in the order of their gross debentures, 4 4 4 Apr 385,175,500 Total municipal financing for the first six 1954 is set forth is below: A Mar Mar Total the was . Feb 25 30.93 ities continued to overshadow all others by reaching the sum of $378,109,178 or 38.30% of June's grand total. This 694,000 Accepted V. $ 27.81 183,020,000 largest dollar volume for any month thus far this year. It is worthy of note to point out here that each succeeding month since January former forth 91,787,500 34 _ Municipal financing in June amounted to $851,860,950, which $825,690,750 represented new capital and the remainder, $26,170,200, refunding operations. The total comprising 63 issues amounted to $144,328,700 or 14.62%, while the latter totaling 19 placements attained a trifle larger sum at $154,326,800 or 15.63%. * Reviewing Amount Applied for Due ' Mar 1-31 20.04 $97,546,521 of comprised $298,655,500 A division of the common June % of Total Amq^jnt 127,706,892 June 30.25% of the grand total. and six 20 _ June for month first 23 March / the in-the Total 22 _ February Long-term bonds and notes in June constituted $588,703,000 or 59.62% of the over-all total, while short-term bonds and notes were represented by the single issue of General Motors Acceptance Corp. 2%% five-year deben¬ tures, due June 13, 1959 in the amount of $100,000,000 or for Amount Dated Mar 18 placed , capital offerings during the month of June aggre¬ gated $891,217,851 or 90.26% of that month's total vol- 1 ume, while refunding issues stood at $96,140,649 or only Stocks Date Offered Mar 10 Corporate months of 1954 follow: New 10.13% pri¬ financing comprised 36 issues amounting to $357,831,000, or 32.11% of that period's total volume. this .. of that month's gross the month of June, a year ago, vate June's month For of of ___ 2,367,000,000 2,367,000,000 indebt'ness 1,367",000,000 1,367,000,000 bonds Feb Fourth quarter 12 months 216,807,698 2,335,036,747 1 Treasury bonds — 3,233,000,000 3,233,000,000 Feb 1 Treasury bonds — 4,083,000,000 4,083,000,000 7,870,215,611 787,636,789 8,657,852,400 1 Treasury bonds — 1,125,000,000 1,125,000,000 1 Treasury bonds — 359,000,000 359,000,000 Feb 197,914,742 8,067,824,901 Feb Feb "7,869,910,189 tRevised. 1 U. S. savings bonds 515,108,480 515,108,41 ) bonds--- 634,000 634,000 Feb" \ Treasury Financing in June Date The Treasury Department in June confined its opera¬ to the sale of Treasury Bills, Savings Bonds and tions Amount Offered Dated Due Applied for $ Amount Accepted Feb Price antic'n Tax % $ Jan 28 Feb 4 91-days 2,296,152,000 1,500,268,000 91-days 2.252.689.000 1,500.294.000 Total for February 99.739 + *1.031 Feb 11 99.774 + *0.893 4 STATES TREASURY Offered FINANCING Amount (Continued Dated Due Applied for $ 1954 Accepted Price Yield $ % Feb 18 91-days 2,140,007,000 1,500,145,000 Feb 16 Feb 25 91-days Jan 27 DURING Amount Feb l year 2,189,285,000 5,645,000,000 1,500,751,000 5,645,000,000 100 Feb 7 yr.-9 mo. 2,367,000,000 2,367,000,000 100 2'/a Jan 27 Feb 1 year 1,367,000,000 1,367,000,000 100 1% Jan 27 Feb 7 yr.-9 mo. 3,233,000,000 3,233,000,000 100 2'/a lowing 4,083,000,000 1,125.000,000 4,083,000,000 100 2'/a the 100 2'/a 100 2ya 99.751 *0.986 Jan 7 91-days 2,607,917,000 1,500,348,000 99.668 Jati 2,321,110,000 1,500,528,000 1,501,661,000 99.662+ *1.336 Jan 27 Feb 7 yr.-9 mo. 99.695 *1.208 Jan 27 Feb 7 yr.-9 mo. *0.998 Jan 27 Feb 7 yr.-9 mo. 359,000,000 1,125,000.000 359,000,000 9%-12 yrs. 515,108,480 515,108,480 a a 12 years 634.000 634,000 100 2 100 c 7 Jan 14 Jan 14 Jan 21 Jan 28 91-days 91-days 91-days 2,558,601,000 Jan 21 Jan 1-31 Jan l 9%-12 yrs. 561,229,600 1,500,313,000 561,229,600 JaA 1-31 Jan 12 years 1,213,000 1,213,000 Jan 1-31 Jan 1 2,140,313,000 99.748 a a Feb 1-28 Feb 1 100 2 Feb 1-28 Feb 100 2 years c Feb 1-28 Feb 1 2 years * Tofal for January 6,565,292,600 515,970,48+ 6) l5/e Jan 27 on page 99.741 + •1.024 Dec 30 *1.314 24,696,200,480 24.180,230,000 ' Feb 10 UNITED Date notes- Yield Feb Depositary Bonds. 1 Depositary Total forf February 24,696,200,400 In the six on the fol¬ the June and figures with those for comprehensive tables pages we months' compare corresponding periods in the four years preceding, thus affording a fiveyear comparison. the N3 3 4^ 9 a CO ft 3 3 2. A) p p 5 3 O «>-i *4 g s a o 3 -4 «-* O w o o (-»• ft mm mm Total $ 728,1 .0 897361.950 79,38 741 896, 791 Total 1,30892 municpaltes. 57,0 0 Refundi g 280.15,72 S -1950 52, 0 35,9162 5,0 ,0 280,172 5 35,01 0 19,64 105 34,86.30 -1980- 65,98 43 8 0, 0 8,397 08 10.62,750 1,0. 0 534.975,0 16,0 .0 41,6250 42.375,0 3,915,0 60. 0 18.32,0 728,1 0 $ 8.31 ,2 5 25,81250 Refundi g 237 ~50 $ - 190,"416. 3 168,745691 1.0 0 60,9384 16,80 130.2,908 52,437 50 3,915,0 60, .0 21,548190 896, 7691 . 57.0 0 57,0 0 8,240, 0 237,50 and Capital $ New Total S 61,94 6 17,50 0 34,26710 5.0 ,0 48.06,275 89,~36T950 79,326741 709,2 0 73,~7L849 80,12 735 4,921,875 Capital 1,0 0 297. 5,0 16,0 0 3,1 75 16.52,0 3,915,0 60, 0 9,82,0 S 25,84 0 20,7 0 29,0 0 201,8 0 67,0 0 6,18,0 10, 0 79,45 0 Refundi g 81,904125 6,~75T,60 382, 50 89,038 25 137,60 2,914,01 $ -195 Capit l 627,394875 67~207l9 79,40 85 $ 4,921,875 New 78,6 43 21,370 8.54,0 279,81632 5,0 ,0 '• $ 503,850 25,480 84,09 189 6,401675 5,0 ,0 9,~43~7i6o Reiundi g 3,702,0 3,025,0 $ _1952 723,98 64 178,350 62,1 804 6,72 ,0 • , 1,528406 FMTOOHNTREH 140,65 0 1,80 158, 70 _ ' 12,179.943,702-23,68636 OJFYUIEOVNFARERS - New Total FFGLCAMOOVURENRPEICIMGDPANTTL,, 71,25.364 37,05 0 614,932804 $ 71,45 80 150,3 0 31,524 8 16,02451 Refundi g 36,40 $ -1953 67412",50 1,430 9 95,480 41,75430 25,30 "To lo o 372,169 37,12 69 79,450 18,90 780 Capit l 734,81 0 150,3 0 31,42 48 160,528 $ 1,07 8930 New Total $ 58,703 10, 0 154,32680 12,470 32,1870 Refundi g 78,615084 16,~75140 1,350,425 Capit l 510,87916 10, 0 138,560 10,7925 $ SOUMFARY New 987,35 0 75,30 0 851,6095 6,325,0 96,14069 4,610 26,1702 $ -1954 16,04 0 392,874650 25,30 32,1870 891,27851 30,690 825,69075 6,325,0 DCPoarmnivdfces. 1,7539260 botayined 627,39485 16,590 203,9 0 230,75 0 1,60,0 3,610, 0 52,40 0 503,850 STATES —1952 Refundi g FTFIMOJNYUAHIENCVARRGS 1,920845;'611,36345"9872ftSGIFBrmfaRhnoauoevetSnDagcidtctorpvishmdlelrunkeypssiml.df. Capit l 50,130 25,480 34,09189 6,401675 5,0 ,0 New Y 3,702, 0 $ 14,96549 158,46 59 25.84,0 248,17438 29,3 125 291,0 126 72,6538 6,180 10, 0 94,20459 867,1549 2,683,0 7,13 ,90 248,0 0 25,0 .0 25,480 47250",90 3,702, 0 41,6830 89.038 25 78,643 15,289 16.590, 35,74 25 236,5 943 13,60938 3,610, 0 1,208,1 8 98,1205 723,98 364 3,025,0 3,702. 0 3,025,0 57301943 9.035,938 Laoiui 21752,056 6,72 ,0 25,0 0 25,480 50,13 ITCSUORNNHPUIEAETED TRNCeoafueptnaiwdtillgS$1176,.5890012526,7345,0 ZZII3,2506 91732,~X9752L5l00 87 2,34,165100 71,4580 149^8 245 150,3 0 150,3 0 240,6 0 75,07.20 2,893 18 28,41 706 3,2950 62.540,25 20,345728 192,546 9 17,8.0 301,7 302 2,893,81 3,250, 0 190,8350 62,54025 41,2578 16,590 35,74 25 23,5493 10,63598 3,610, 0 1,208,18 98,1205 186,9043 2,4150 $ Capit l 17,80 210,9810 3,~25o76 752 ,0 187,59 0 2,415,0 237,60 71,25364 12,5690 1,4309 —. 13,20 2,970, 0 36,40 1953 10,38 5 32,50 0 25,84 0 247, 364 25,76485 280,76 41 40,16538 6,18,0 10, 0 52,73 459 189,2364 3.025,0 248,0 0 52,40 0 . 70 ,0 0 3,816, 40 12.8,459 5730 7943 12,06 ,938 l72~087l 8 2I75T2765O 149^8425 168, 691 1,0 0 36,21384 16,80 12,709683 26, 520 3,915,0 60, 0 13,251 90 61,94 47,24.36 393,125 85,6726 5.65,385 Capit l 25,840 20. ,0 25,183 60 195,0315 34,50 0 6,18,0 10, 0 40,5 0 $ Total 3, 59,1 0 20 ,0 39,0 0 81,904123 $ ■ Total Refundi g ~ 50 l0 3,816, 40 6,087,485 32.50, 0 -195- 42880,,01652775 709,2 4." 280,172 5 47, 436 39 ,125 89,18 26 5.65,385 New Total 8,297,0 65,98.43 8 0, 0 8,397 08 10,62750 $ 867,1549 21,370 25,70 28,73094 5,0 ,0 8,31 ,2 5 25,81250 458,969 472,169 15,74 0 17,9382,0 3,428,96 37,12 69 $ NEW Total $ 734,810 7,350, 0 256,48750 132,50 90 ,6 98,12 0 5,43750 650, 0 -1954 150,3 150,3 37,250 58,703 ~ AGORNUPFDIN 75,0720 2,893,81 28,40156 3,295,0 62,54025 19,86759 New Refundi g 35,8095 4,50,0 34,8504 3,920,6 0 78,615084 192,07453 7,350, 0 378,109 78 162,940 ~ 90 76 180,6205 61,53489 1,274,173 53,015 24 14,79 02 249,0 105,4638 30,1940 81,578 03 6,097,398 53,015 24 4,59,072 281, 935 10, 0 10, 0 $ 10, 0 10, 0 New 7,350, 0 326.14,538 158.94,0 "~9 0~ ,60 145,32179 61,53489 89 ,0 0 53,015 24 137,8 572 298,650 975^25 3757173 16,75140 Capit l 7,350 20,6780 128,0 "9ob76 o 63,742916 5,43750 650,0 3,2950 510,87916 CHAR TE 624,173 12,6178 30,1940 82,5405 6,097,398 53,015 24 4,59,072 17,8 0 285,96 302 2,893,81 3,250, 0 103,~62"'706 190,8350 2,415,0 62,54025 407,816 59 1,07893 987,35 0 51,98460 4,50.0 35,6036 ~3757l 3 5792076 96,14069 17,52 65 891.27,851 <JOFUNE boannodtedss stock stock boannodtedss stock- stock foreign- boannodtedss — stock stoc-k corpate toa-l dffIiungnculordoesset JOFUNE Gaoagevnnctid,s•M&unicpal—St.es,,SPotsaeeins NBooatensd-s utiles scectooeptalrl,,,manuf acesori indmauansnuftrcdtrilg „bueildtcng.s-, tIhtnrrvouaelsdtsminng,,Miscelanous SNhoort-aTteens-^ds utiles esccotoetpall,,,manuf,ctres 'oies indmauansnutfrcdtrlig bueildtncgs, Inthtvrroeuasltdmsinng,,Miscelanous utiles-. csectooetpallr,,,manuf acesori indamuasnnutfridctlrig bueildtncgs, Itnthrvreuoastldsmdiinnng,M,iscelanous utiles scecotoeptalrl,,,manufc.e1s ori indmauanusfntctrrdig-—l bueild;tncgs, Inthtvrroeuasltdmsinng,,Miscelanous csoercpuritate MONTH DeCorp at- omestic— Long-term Short-em Pref red Com on Candi - Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on Total Loan Farm Grand United •These MONTH Long-Term Public Iron, Equipment Maotnords Other Oil — etc. Land, Rub er Tota—l Railroads Public Iron,Equipment Moatnords Other eto. - Ietc. etc. — Total Land, Rub er Ship ing Stocks- Equipment and Total Public Iron, Motors Other Land, Oil Ship ing Total- Railroads Public Iron, Equipment Moatnords Other Oil Land, Total 01 cr ft co Total $ 2.48,16950 145,07 321,09758 421,590348 27,54 50 542, 90 3,0 ,0 Refundi g 83,02 1 51,309 25,76345 6,1 ,210 8,0 ,0 , Capit l 1,654728 93,7410 295,34093 415,29138 19,54 0 $ 542, 90 3.0 ,0 s 2,74096 82 4,256,0 287,35942 514,370 85 2,30 0 5,7 6,250 5,0 ,0 l7450 8 3,5621 37 • Refundl g 21,59.80 60 ,0 91,0593 9.741,50 (, Capit l 2,5940 32 3,65,0 195,298 504/628,35 2,50,0 $ New 51,309 51,309 50, .0 154,70 97:450. 1,459 061 6,70,0 5,7 6,250 5,0 ,0 1,"456708 50, 0 123,805 nVoiMo 6,70.0 3,248 6014 1,4079564 4,807 70, * 3,06278 31,208 0 359,70319 674,81.06 12,0 5785016 19.60 61,4562,29349837CPramouvnnicpldtefs. 62,080, 40,3871 10,3652 148,35 06 15,7658 1,520 29,043951 45,0 573 714,30521 23.4590 1,369784 49,26312 6,26,0 2637 ,31 61,39608 29,0 50 ~ 6o 76o 95,43.951 246,8173 1. 50. 0 4,256,0 " 1,90 , 0 60 ,0 2,56,0 3,248,0 195,0 3,65 ,0 648,50 31,924675 97.8 10 602,45627 2,547,0 91;36,10 36,912.50 3,54,50 90,1390 132,140 280,47903 1,7819 1,450, 8 37l~809 64.328,09 809,41258 159.387,50 1.62480.152 203,7856 29,18750 2.84,0 1.056 713 80.671,30 30,13 40 104,7508 2,80,0 3.180,90 27,63029 5.065, 0 368,0512 75,14 65 60 ,0 60 ,0 2,80 , 0 ^185,0,07458632861 SDDtoehevmacliuonprnmfdnst. 25,96 240 5,310,935 " 1,0 0 1,476053 10,647503 18.397,0 59,106 0 8,64,640 13,82065 17342 85 05000 3,8720 1.0 .0 59,124703 2,~180~90 52,81976 705,6 82 140,9 ^60 1,537415 195,3895 15,36875 2,84.0 93,26478 48,13 0 26,41 0 104,7508 2,80,0 2,180.90 218,3 26 9:00, 0 3,1 ,31 , 21158,43 6 6,07 18 " "r 3 ,937589 83,98073 p 16.34,250 76,10291) 269.3 0 1,568 94 45,19358 1,0910 1,269743 297,68134 10,7350 15,31 167~347250 270,3 90 28,3690 4,82,0 5,974 50 5,065, 0 39,716 52 70,31 65 l750", 24,735 1,7819 132,140 1,450, 8 * 2570, 31,208 0 32 * 1,05843 ■■pCNTaoeitwl$2,847653901. 2764,0 3159870 —t34.198,06752 9 86,7542031ftmrouahnicgpelys YEARSCNaepiwtl 3.97 145,6280 397 923,456137.70283;94,5710,421668.0,6501385 Refundi g 27,04 125 15,9l7650 695,0 $ -1952- 4,2795.62 50, 0 67,850 120, 3650 1,0392540 2,4785019 16,0. 0 60 , 0 2,~50, 0 JTSEFFYM3UNEIONOIOHDAAVI0RXCRESG 610207539'2,840.1 37605,6497519455,008 ;7.:.._ FJEMFUSIITUVCSHDOIA0RHXPIUEEADT1—:1—9553TRNCTeRoafoCeuRNpTtfniuaetdwnofpulditnlgwdgiS$l«g»$$253:9,717O/81P7,22482'40164363,06005-u -l'T^2O5326,511823,17704,9.698041.!057267,o"—-~247681213558973400,3,18'99,6,1725 GFOOVRERENIMGNT, Total 490,27361 10,3652 153.6 241 15,76 58 1,520, 0 29,043951 45,704 73 746,230196 321, 6 0 1,96 31 51,843 12 6,26,0 35479Y3.41 98,2 108 32,57 0 ~ 6~o ,6o 95,43.951 36,49 073 139,570 145.07, 2,475190 Refundl g 97,8 10 576,28037 2,547,0 85,2 5 36,91250 3,54.50 38,0450 841,02 1 $ -1950 31,80735 30,"9ob70 6827415,06 4,038415 $ -195 70 ,0 0 4,80 , 0 2,4 7 359 143,750 1,9536 98 24, 50 New Total 321. 6,0 1,4709 41,536750 6,26,0 20^548,20 182,56.30 31,05 0 ~6 o 75o 6,50. 0 15,270 $ 8,24 10 93,74 10 924,7 8 10, 0 75,0 0 40,657 6 50,47168 1,895,0 $ -1950 Total 3,6702,148 10, 0 75,0" 0 548,37065 2,041326 26,10 3,025,0 9, 49,60 963,40 3,678 50 3.720, 0 1,37 ,52 Reconstrui 295, 175 1,"6876 751,~9376O 257,61850 60 ,0 0 13,79.0 1,4960 51,68340 94,3250 10,7925 18,9 650 14,267 0 for Capit l $ New MAUNNICPDAL LOAN FARM Total 2,78543102 31,208 0 34)51,69 674,1.06 12,0 5785"0,0 16,58.0 3,9704 87 4,1509 78 sToi o 750,976 2,60174 3 31,0 0 $ 2,97645 20 153,70 286,95423 645,12 3 26,0 0 61,59712 Refundi g 10, 815 201,250 7,486,530 1,932,540 3,2480 20:,0 0 67,7,621891385053 BHtGiIoaonvenernrmkalt. _ OCORPFATE, SUM ARY 1J3U95N0ERCNeafupenidtwlg$402,,136no3te7s 8251,64034 87n5otes —32,78_0_ notes 43763-98,B0anki:127,8503 647:L°r„:iBan/0Go%7."gec;:,325&91cites,Po0n™ 1,207347963 Sbatfuionnceydildsse EMNODNTHSCorpate— Domestic— bLooanngn-dtedrsm Short-em stock_ stock Candi- bLooanngn-dtedsrm stoc_k stock foreign- bLooanngn-dtedrsm stock Comstockn Tocomtaratelinteraonl GSoCvearnnmdiatn •Municpal—Stes,Staes toal fdignuoorets Pref red Com on 6 Pref red Com on Other Pref red Grand ",raF , . ' United •These 290, 0 54,82560 38,749 03 13,2914 64,132 96 165,081246 68,0 513 94,135067 187,26 0 1,5742,180 85,04 03 23,50 80,358 49 1,73956 1,9850 25,0 0 194)81~246 79, 5 13 ACHNARDTE 167,261 721,025 31,0 0 28,1 05 630, 0 3, 647 2,07,025 153,48750 153,48750 Capitl 156,20 9 45,670 61,74985 25,0 26,0 5417 2,90485 50 ,0 50 ,0 0 7,348,0 5 290, 0 537,245 38.749,03 13,0718 63,41 71 165,081246 6.87 34 984,7159 156,2 0 1,54920715 84,2.403 23,50 75^021,873 439,6 571 1,9850 25,0 0 19,081246 784,3984 426,960 102,4 0 103,4 0 Refundig 21,50 0 274,3 50 4,50,0 58,94 605 685,0 2,482,0 41,9 239 40,8534 7777 426,960 Capitl New 1, 82,7 9 9,419,07 39592,18 5 8,9150 201,37253 43,6086 1,27,354 38 ,50 173,2 4 89, 3478 14,81 9 78,53 40 1,08 25 $ —1954 . 1,0392685 251,530,0 3115,230,78.0 20 ,0 0 12,50 90 ,0 9,248,0 _ 15.630 1,5697024 402,51 8 1,0910 1,74598 287,50349 10,735 0 15,3 1 16734.250 32506,096 201,250 201,250 23,50_ 1,7085 . NToetwal $$' 134,90 169,80 271,0 2 317765,,2538.400 1,0 25,0 24,09 2,54183 ONGREOUFPWING 58,37 $. : 90,0 0 25508,1938 5,10368 30,25893 80,17 3 3,1 31 16.34,250 75,029 195,0 2,56 0 10,631 5 18760, 0 s&moT S 89,20 85 857,26 0 Federal $ -1953 50, 0 56,1820 120, 3650 287, 043 2,09316 16,0 375 l73 2 5,0 15,376 29 173,2 4 90 .0 134,6 90 2,1048965 208,1950 12,50 472,9804 219.7836 10,376154 1,38 50 14,983.7 40,975819 1,08263 21,50 35,27^04 4,50,0 60,24857 685,0 375,173 2.70,0 51,6392 9,70 0 89,1596 752,18 163,50 173,2 4 513,64.19 38,9150 20,9271 43,6086 89, 3478 104.78,19 92,5 38 • 16,13,69—0742: ecotp,150manufctres9.oies42maa3nuf1c8tnr7ig—d5, 0e9tc 13,2*4—h4e,o98l3tdci7n.g,89765 493,2,760s1ec3u0ri5t J3EU—NND0E $Notesa—nd12,690 357 ectop.-r,12,0manufces9 ories 6aman1unfctdrig74,520 98etc.—1 —25h,0eotrlatdcin.g,897- 2,136487 NBootaens-ds eco<tp—r, manufctes ori——-_-50.amanunfctdrig , etc — -hoterladtcin.g,2 1I03,4 ecotpr, manuf acesori amanunfctdrig etc htoterrladuticsng.,, trading, trust , Bonds trus , ; MONTHS Long-Term Railroads Maotnords industral Rubier Miscelanous Short-Tem Railroads utiles Equipment Maontodrs industral buildngs, R:ubier Shiping Miscelanous utiles csoteall,,Equipment buildngs, ShipingInvestmn csoteal,l, Investmn 6 Public Iron, Other Land, Oil Total Public Iron, Other Land, Oil trus, Total Stocks- coal, industral buildngs, Shipng Investmn Miscelanou Railro—ads util es ste l, Equipment and Public Iron, Mot rs Other Land, otal— T utiles coal, industral buildngs, Shipng Miscelanou corpate Railroads Public Isrtoen,l, Equipment Maontdrs Other Total oil Land, Rub er 6 (1326) The Commercial and Financial Chronicle (Continued from page 3) Dated Total Amount t Security 4 91-day Refunding •„ Mar 18 Mar 25 1 $ bills 1,500,798,000 1,500,262,000 536,000 1,501,139,000 1,500,689,000 450,000 1,501,159,000 510,000 1,501,159,000 1,501,048,000 1,500,538,000 1,501,440,000 1,501,272,000 U. S. savings bonds 601,778,926 Depositary bonds.. Mar Mar Indebtedness $ ,■ 91-day Treas. bills 94-day Treas. bills 91-day Treas. bills 91-day Treas. bills Mar 11 Mar 22 Mar Treas. New u Accepted $ Mar vestment 1,916,000 1 Tax Total antic'n for trusts, trading, holding companies, etc., $114,or 3.05%; equipment manufacturers, $12,500,000, 0.31%; rubber, $11,388,500, or 0.30%; land, buildings, etc., $10,376,154, or 0.27%; motors, $900,000, or 0.24% and shipping, $173,224, or 0.04%. 168,000 601,778,926 1,916,000 - — notes. In the tabulation below rate March..—. 8,109,278,926 6,002,761,000 8 1,500,672,000 1,500,672,000 1.500,053,000 1,500,053,000 Apr 15 Apr 22 Apr 27 Apr Bonds and 2,106.517,926 ISSUES Preferred 1 TO JUNE 1 1,501,274,000 1,501,394,000 Apr 1 1,502,504,000 1952___„_ 2,396,000 Total antic'n for 645,612,523 4,062,747,666 3,093,991,227 359,703,319 674,841,016 514,370,385 3,547,427,109 2,593,244,500, -321,097,558 421,590,348 April— 2,883,407,308 220,716,250 335,123,027 2,709,167,400 319,581,538 303,449,111 3,332,198,049 7,502,860,000 1,517,546,774 1,502,433,000 1,500,318,000 2,115,000 bills 1,500,489,000 May 20 bills 1,501,255,000 1,499,945,000 1,310,000 May 27 91-day bills 1,503,051,000 1,500,726,000 Treasury Treasury notes— 2,205,132,000 notes.— 2,889,328,000 2,060,493,650 494,956,472 210,071,316 702,108,990 437,801,291 May 13 May 17 May 17 Treas. 1,500,489,000 1,768,505,620 292,202,925 65,236,160 Ctfs. of indebt'ness 1,785,399,000 May 17 Ctfs. of indebt'ness 1,501,728,000 322,529,100 1,501,728,000 Ctfs. of indebt'ness May 17 Ctfs* of indebt'ness 271,640,900 271,640,900 1 U.S. savings bonds 463,771,151 Depositary bonds.. 33,000,000 1 Tax May May May Total antic'n for notes. 463,771.151 33,000,000 • — —_ May ______ $2,644,683,521 $505,468,163 3,156,809,720 286,925,423 1953 3 12,772,103,000 1,500,501,000 1,500,501,000 91-day Treas. bills 91-day Treas., bills June 17 91-day Treas. bills 1,500,303,000 91-day Treas. bills 1,500,973,000 3,214,991.227 U. 8. savings Depositary June 1 1,500,160,000 bonds ______ 1,500,160,000 522,691,636 bonds. 287,835,942 522,691,636 5,045,000 " Total for six 6,529,673,636 monthe— 527,736,036' 6,001,937,000 70,400,608,567 62,461,395,000 7,939,213,567 due 425,132,638 3,471,246,585 2,775,367,400 319,581,538 303,449,111 3,398,398,049 2,060,493,650 494.956,472 220,743,813 2,776,193,935 2,068,374,000 702,108,990 446,643,791 3,217,126,781 1,793,505,620 292,202,905 66,136,160 2,151,844,705 Co. 1, 1979. tive ' »INTRA-GOVERNMENT expansion Ohio Valley struction. $ _ , Jantiary— ■Certificates July Below we list the principal issues of securities placed during the first half of 1954 giving at the* same time the 1, June Notes Total for January t259,166,000 71,029,000 tures '1188,137,000 for for 24,050,000 142,345,000 Canadian Pacific series due Edison 1984. 11,478,000 166,395,000 61,201,000 Total 229,000,000 t39,717,000 106,454,000 134,474,000 128,020,000 for March.... 295,737,000 363,474,000 Total for April 164,000,000 24,973,967 115,727,000 47,850,000 ,—__ 116,700,000 168,850,000 327,577,000 Certificates—..—.— for May.. 14,000,000 138,733,000 — for Total Carrier Co. +604.233.500 due Indiana, 24,000,000 31,837,720,000 30,975,948,500 si^TKmthS— 861,771.500 33,360,700,000 32,328,926,500 Jan. Pacific 25 000 000 1, certificates, Purpose, Gas preferred Retirement Fund. Foreign Service Retirement Retirement Fund, Alaska Railroad Retirement Fund, System, Government Fund. Life Federal Insurance Deposit Fund, Insurance Savings and. Loan Insurance Corporation. for National of 995,562 $3,726,851,724 $4,150,944,787 for the for 1952 and the as the smaller due or $3,232,090,415, 13.28%. of 24,150,000 or for 86.72% The foregoing series bond against and figure of $153,750,000, contrasted new of the 135,067 in 1953. Public or 68.19% and stocks up to $494,- $50,000,000 somewhat smaller amounted to of the or sum hold of first $994- 414% debentures construction first general March & and mortgage for expansion 15, and Power for Line 1984. Purpose, shares for to $25). or refunding. 3% first 3%% (Canada) bonds, mortgage etc%f $£08,-. in¬ to 29.7% series Edison Co. to mort¬ April shares of bank Gas for 314% Co. due Feb. Edison 1984. first common loans for and mortgage 1974. 1, distinction our Pennsylvania stock first con¬ Purpose, pipeline to repay to 3% Stores, convertible bank Co. first mortgage bonds, series refunding ($40,000,000) and 314%, sinking bank and Light fund loans Co. Purpose, Island Inc. 267,000 and notes for due working 704,917 to repay shares bank of loans refunding. and Co. shares (par 4.30%' of $100). cumulative Purpose, to repay stock, promissory notes due April 1, 200,000 series shares E of 4.35% $100). (par cumu¬ Purpose, " Ohio Power 1984. Following is 314% to first mortgage bank repay bonds loans and due for April new 1, con¬ struction. 1974. Gas & bonds, Electric series Co. X, 314% due first June 1, and refunding 1984., Purpose, purposes ($1,960,000). due May Gas 10, It ought misunderstanding list of all private issues which a Investment have we System, 1964. Co. Illinois, of 314% senior a years: notes due June 1, (June). V . American Investment Illinois, of Co. $5,000,000 1969, 4% subordinated notes due June (June). > Works Co.,.5% & Machine & Iron American Machine Works sinking fund notes, $625,000 ' Iron } sinking fund notes, $625,000 Co., 5% (February). due • Machine March Arizona 1, Public 1984, Arkansas Foundry & Co., 4% $15,000,000 1959, 15-year sinking (May). 314% Co., Service , first mortgage Inc. Purpose, 314% fer subordinated new debentures construction. fund debentures \ ' . bonds due March (March). $15,000,000 Oil Fuel Arkansas-Missouri 314% Corp.. 1, Power sinking $800,000 1983, debentures fund due June ■ 414% Co., first 1, >' . mortgage bonds due Sept. (January). Armstrong (A. J.) Co., Inc., 434% debentures, series D (subordinated), due serially July 1, 1959 to 1964, Inclusive, $1,500,000 (June), Armstrong Rubber Co. 414% (March). Associates Associates ferred and refunding ($63,040,000) and for general corporate 50,000,000 Columbia No issues include bank loans. not $10,000,000 Investment, due June- 1, (par Canteen 1966, Co., debentures due $7,000,000 Jan. 414% 1978, Co (May). ' first mortgage bonds dated Sept. 1, 1953 shares 414% of (March). (June). America^ of -' pre¬ $4,325,000 $2,800,000 Hydro-Electric 1967, 1, cumulative 125,000 $100), $12,500,000 Light Co., Sept. 1, $1,000,000 capital . Bangor & Aroostook RR. $2,000,000 (March). -Bangor promissory notes due 1955-1969, 414%' (M|rch). stock Automatic Co., Investment Atlanta Gas MAY Pacific any of the figures for the past several summary $10,000,000 Purpose, public com¬ fdj^ working capital. Lighting'Co. preferred and the compilation is only of security figures, that does avoid to clear 1974, $11,000,000 (June). 25,000.000 Beneficial Loan Corp^j 3%% 1974. Purpose, refunding. Long private compilation of capital flotations. made be the of 1, & par). prefef^ed stock loans sold pur¬ ($10,000,000). repay Power (no but companies arid banks. between made detailed to 1, construction. new is (January). Co. Purpose, Glass Purpose, comprise offered relatively few large a chasers, ordinarily insurance 1, construction. new construction new publicly not reported in the first six months of 1954, together with bonds 1, might be well to explain, issues negotiation to by directly American and route of all corporate financing and com¬ it sales, securities issues and 600,000 repay the for private with 32.6% so placed in the same period in 1953. Private also first due D, the bonds construction. new The figures common National construction. Purpose, Natural Owens-Illinois mortgage $219,- amounted pares, mortgage of com¬ pipeline of acquisition This of 1954. through placed df* 1954 in Co. Co. trust new California loans 26,700,000 Safeway $65,000,000 aggregating $1,107,911,- months of last year. six first year program. refunding 601,453 Co. Purpose, for Pipe the those Purpose, 1989. Commonwealth for 20,000,000 Half Year issues placed privately shows with 203 issues aggregating $1,335,046,220 sold in half convertible new Purpose, Insurance collateral Southern mon place dollar $472,978,044, 11.80%'; oil', 5.50%; railroads, $134,616,960, to repay capital. over¬ Securities in the of Sales sold during the first half were American 29.04% the total 12.69%; miscellaneous, $440,975,819, or 278,386, or 5.85%; iron, steel, coal, copper, refunding mort¬ Purpose, construction. 1984. They aggregated $2,100,489,659, of the over-all total, while other industrial manufacturing issues 1, (par lative to for Co, 27/8% due Purpose, Southern for 20,000,000 respect to first and 15-year 1968. Co. N, Q, due^May 40,000,000 A, , $3,930,000. that 189 issues of this character, American volume of issues placed. or for over¬ \ the first half of 1954 with /91,500, and j Gas Lighting and bank compared $1,082,168,203, utility offerings continued 56.35% bank loans APRIL figures series fund debentures due $16,070,000; working 3%% sinking Purpose, refunding Co. record of security Our first mortgage bonds repay 314% 14'% 3 $2.50). sinking fund capital $3,003,059,720 in 1953; shortissues, $103,400,000, or 2.77% as with the Private for and struction. 28,069,772 $2,541,283,^21, note 3%% to Purpose, 15, Fund March new half totaled loans 24,000,000 Texas Eastern Penn-Jersey Transmission Corp. 4.20% mortgage pipeline bonds due 1973. Purpose, for new with all total and compared with Co. Edison (par stock larger $4,040,313,652 for new capital and $110,631,135 for refunding for the six months ended June 30, 1953. Long-term bond and note financing in the first 1954 Co. Purpose, 1969. 30,000,000 Intel-provincial 20,000,000 total, while refunding obligations added 761,309, bank repay loans. Natural Fireman's gage against Issues placed in the first half of 1054 totaled 1974. 1983. 1, 1, capital pares due Dec. 30,000,000 Houston and $3,562,133,367 for 1951. purposes June July first mortgage bonds Surety Co. and its subsidiary. Service like period in 1953; $4,272,- somewhat 1, Paso stock retired. offerings placed in the first half to 3'/a % to Gas Electric Co. Edison bonds, 34,282,821 Fund, Postal Corporation, INet El 1974. corporate 1979. bank $40,000,000 Detroit i amounted Co. Trailer due construction. 414% first mortgage bonds, Purpose, new construction. Co. Mining Erie Fruehauf stock common y 354% first mortgage. Purpose, repay bank 1974. 1. June due new 20 000 000 program. MARCH Results for the Half Year Total Power of , Co. Transmission Gas bonds and '' shares 1 construction. pipeline 3%% first mortgage Purpose, to repay bank construction mortgage bonds due June 1,000,000 shares of 4.50% re¬ stock (par $25). Purpose, new Electric Co. & first Tennessee 25 000 000 foi loans ... 679,436 for 514% - cumulative expansion program; promissory note due June 1, 1979. Purpose, $12,500,000; general corporate purposes $12,- deemable Inc. 1984. 1, Purpose, 1,031,773,500 Service Insurance 15, Feb bonds of special series certificates and notes; certificates Adjusted Service Certificates Fund and Unemployed IrusL Fund notes to Federal Old Age and Survivors Insurance Trust Account. Zone Co. . of Purpose, $50). (par stock shares 540,000 Corp. Steel refunding . trust inclusive. construction. 1983. Pacific Gas & repay ' June— for V of capital \ Corp. 25,000,000 Consumers Power Co. 3% first 1, 1984. Purpose, refunding. ■ equipment 1955-1969, of new due debentures ^ construction. due 1,466,005,000 to Savings or bonds gage bonds, series W, due Dec. 1, 1984. bank loans and for new construction. ♦Comprises sales and McLouth FEBRUARY 317,798,000 M,941,522,000 27,475,517,000 ——2,896,198.000 3,500.431.500 Total in 27 000 000 ■ 338,141,000 456,531,000 ... ' Purpose, par). 25 000 000 first and t20,343,000 f . (no preferred York, Inc. 3%% mortgage 3 14% 2, Power 1, Jan. 42,850,200 Detroit Certificates Notes as utilit: gas 413 124,733,000 314% Line Co. expansion. construction. new June— * Purpose, • Electric Co. 878,878 shares of common stock construction program. ~r Philadelphia ■ Co. construction. new Ry. Purpose, Dec. due $60,000,000 term for for par), due 46,877,000 104,390,000 Total and Consumers new ■1 352,141,000 Notes Pipe Eastern 1974. 1, V 500,000. New first 20,000,000 Michigan Consolidated 280,700,000 I May— of Purpose, of 314% Jan. Service loans 167,737,000 279,727,000 Notes all Co. 20,000,000 Appalachian Electric Certificates sum acquire r mortgage sinking fund deben¬ to repay bank loans equipment. (no 1954 1979. to Edison 25-year first program. bonds,, series K, due Jan. April— Life \ 20 000 000 189,283,000 _— Federal Co. Purpose, M, 25,000,000 Public ._—... Notes and 15, expansion Ohio new Civil Jan. 314 % Co. Consolidated Edison March— Certificates Purpose, Commonwealth 30,000,000 49,723,000 227,596,000 February...... 3 V2 %* 25-year Co. 1979, refunding mortgage bonds, series''J, due Jan. 1, 1984. Purpose, to repay bank loans and for new construction. 153,823,000 Total Canal from 25,020,000 73,773,000 Notes sold 1, Refining due and 35,000,000 Gas Jan. properties - . due 55,000,000 Atlantic 403,676,000 February— Certificates * 101,163,000 215,539,000 bonds son- new < 29,831,852 302,513,000 Purpose, 32,000,000 Scudder Fund of Canada, Ltd.' 1,000,000 shares * stock (par $1),. Purpose, for investment. ' Illinois and col¬ first mortgage 1982. 1, Jan. System, Inc. 36% debentures, series D, due Purpose, for construction program. \ 1979. Panhandle 35,000,000 ; purpose of the issue: Net Issued $ 43,347,000 172,192,000 ——„ due bonds etc. 40,000,000 Columbia Gas Large Domestic Corporate Issues During the Half Year $60,000,000 Northern Retired 3%% Electric Corp. trust 1 ' FINANCING Issued ^ five-year deben¬ working capital. 234% Corp. Purpose, convertible pose, 54 000,000 1959. Cyanamid Co. 580,235 shares of 33/4% cumula¬ preferred stock, series C (par $100). Purand working capital. 58,023,500 American 1 Acceptance 15, June JANUARY 4 America 3% sinking fund debentures Purpose, to repay bank loans and for of Motors due tures lateral - first mortgage Gas Corp. 314 % Purpose, to repay bank loans and Electric Power Co. 314% first mortgage bonds 1984. Purpose, for new construction. June General 3,367,020,146 335,123,027 " mortgage loans and 3% expansion. 100,000,000 321,097,558 ____ first to repay bank Co. May 1, Aluminum $100,000,000 4,272,995,562 220,716,250 1947__ of 4.10% to repay Purpose, May 1, 1984, construction. 3,562,133,367 2,915,407,308 1946 — June———_C 694.451,016 521,576,643 Purpose, JUNE 4,150,944,787 2,620,789,950 1945 b,O45,Q00 for due shares $100). Illuminating due 20,000,000 Wisconsin ' . * Tax antic'n notes. Total '• refunding. 210,000 (par construction. new 1989. 1, $576,700,040 $3,726,851,724 363,553,319 2,752,720,782 2,707,653,151 1 500,973,000 1 ."' '7 -1 for Electric new Total 707,209,644 1952____„ 1,500,303,000 June 24 June "• 30 Stocks (par $100). Purpose, Corp. 20,000,000 New York State Electric & Common 1951 _____ of 4.18% construction. new for 1949 15,479,756,151 June 10 June for 1950 — 1948 June JUNE TO 1 Stocks and due May bonds Power preferred stock 20,000,000 Cleveland ISSUES—INCLUDING Preferred Notes 1954.._____ — 322,529,100 CORPORATE Bonds and V 1,785,399,000 May 17 FOREIGN CANADIAN-—JAN. 2,205,132,000 1, due May ' Mohawk loans bonds AND first and refunding 1984. Purpose, for 314% Co, Power series K, construction. bank 2,125,944,705 DOMESTIC purposes. & bonds, cumulative preferred stock __ 2,889,328,000 debentuers. 3% 35-year Co. Purpose, to repay advances from Amer¬ Telegraph Co., the parent, and for Electric cumulative 3,133,084,281 1 1945 and for investments & corporate 21,000,000 Niagara 2,765,521,438 1,993,174,000 _ 2,325,000 May 17 1947—____ 1946 v due June debentures 314% Co, Telephone Bell 1989. 1, Telephone Virginia 3,439,246,585 9,020,406,774 Jersey May mortgage 3,335,982,406 1949 notes. Gas 24,994,200 Public Service Electric & Gas Co, 249,942 shares 1950 bills 6 25,000,000 Pur¬ subsidiaries. new - 2,745,220,782 ' ■ Natural Purpose, to repay bank loans general 1951 91-day Treas. 91-day Treas. 91-day Treas. May Total 2,396,000 1,500,313,000 repay 1979. 4,128,535,562 287,835,942 > of 4.08% preferred stock (par $100), bank loans and for working capital. in $543,913,040 $3,620,044,724 1,000,883,000 2,191,000 511,230,774 511,230,774 Tax 286,925,423 1953 Stocks J debentures fund sinking refunding, Purpose, convertible 1, ican 1948 bills bonds Depositary bonds.. U. S. savings Apr 846,000 1,500,428,000 1,501,394,000 to pose, due 3,130,209,720 1984. 3V4% Co. Gas 1973. 25,000,000 Consolidated Common Stocks 1, cumulative 80 $505,468,163 Natural Nov. 25,000,000 New JAN. $2,570,663,521 1954- 1,000,883,000 91-day Treas. 29 Apr 91-day Treas. bills 91-day Treas. bills 52-day Treas. bills V types of securities brought out The second tables includes foreign corporations: CORPORATE 1, May 35,000,000 Allis-Chalmers Manufacturing Co. 350.000 shares domestic issues by DOMESTIC first and refund¬ Purpose, for new Gas Co. 314% & due , due show the volume of corpo¬ we Electric bonds mortgage construction. 40,000,000 Northern in the first half of each of the past 10 years. 1 91-day Treas. bills 91-day Treas. bills 1 Apr ing : or Notes Apr 50,000,000 Public Service 983,478, Type of Monday, October 4, 1954 ... 414% . promissory note due to (June). first mortgage 414% bonds due July 1, 1976, ^ Co., 314%, first mortgage bonds due 1984, Number 5365 Volume 180 Bell & Howell Co., jj(March). promissory notes due Jan. 1, 3%% ' 1969, $1,500,000 Hackehsack "' , Water mortgage bonds first 3% Co. (May). . Howell & dian Loan * • • April (Cana¬ Hartford l, Union 1974, Co., fund sinking 338% debentures due 1974, 1, 1964, April Finance $*2,000,000 March sinking 4V2% Plan, fund stock, April 1, 1969, ,! "' ... 4'A % Co., first mortgage due bonds Feb. 1974, 1, sinking fund debentures due Co. 4%% (March). $1,500,000 due $2,000,000 1984, 4%% Co., Feb. 1, mortgage bonds,- series first 3.45% I, 100,000 $10), cumulative 5.3% " (April). Co. shares 100,000 5.3% of ' ,: ... first bonds, mortgage E, series Inc. (March), 4%% Corp. 1, Interprovincial promissory notes due 1963, $600,000 Corp., J lateral due Dec. -I • notes 4'A% J ' 1' - • - - f . 1969, series bonds, \ » 1, I ' - - 30-year (April). June due V r mortgage $12,000,000 1982, - . (January). Pacific Ry., Canadian Jan. Central Gas $100,000 1974, Carrier Corp., 5*A% April due mortgage bonds first - 1969, $4,900,000 shares of 4.25% 50,000 Co., (May). $5,000,000 $100), (June). Indiana 000.000 Gas 1, due Jan. E, Central ? Lake Placid Co. 10-year notes due Sept. cumulative Lane, 1984, $2,000,000 due Bryant, Libby, j • first mortgage bonds, - tive Public Vermont preferred Clayton Road Jan. Development 1973, Commonwealth due Control Shoe & Engineering April 1, Cottrell and B.) due in sinking 3%% fund (May). Dr. 37/8% due notes Mobile (May). promissory due notes 1969, 1, May National New (January). Co., 100,000 (April). Plastics June 1, Inc., 4%% promissory Chemicals, $2,000,000 1974, Sept. due note 3V2% Inc., fund sinking 1969, 1, $2,- debentures New (June). El Dorado 750,000 Valley Motor Refining promissory Co., 4 (June). notes to due 1, May Paso Dec. El Gas Natural 15, 1968, 1968, 4Va% Co., Gas 43A% Co., line pipe mortgage first bonds debentures fund Oct. due due Feb. Natural Paso Dec. Gas 1968, 15, line pipe mortgage 4>/8% first $19,200,000 (June). Co., North * Utilities Associates, ,1978,.$7,000,000 Edison * Sault Electrical 1967, Electric Emerson promissory Corp. Ohio May due 1974, 1, Manufacturing Co., promissory 4% Car 1, 1969, & " Phonograph notes due Gas $7,500,000 notes due % 1974, series A, bonds, mortgage July due Hundred note due promissory 4'A% 1, 1, June due notes 1969, Florida Power stock, C Fort Smith Gas Corp., Frontier Fruit R, Growers 4% Co., first mortgage bonds due June due equipment 3% Co., (March). cates, 1959, General to March mortgage note dated (March). 'nature 1, 1, 1954 and first Swasey - 1979, due (March), 15-year promissory note, $3,700,000 $40,000,000 sinking fund notes due 1984, ■ 3%% Co., 1963 debentures fund sinking 4% Inc., quarterly equipment 4% including April and to trust 1974, due ; Coast & Coke Co., promissory note due June 30, 1, 1973, first mortgage bonds due June 1, 1974, mortgage first bonds due Ohio Dec. certifi¬ 1, 1974, summary 1, 1958, General 15, Motors 1967, New 33/b% Mexico, mortgage first bonds due (April). of Paper Co., Motors General Acceptance $100,000,000 1959, Corp. 3%% $15,000,000 Stores Corp. fund sinking 4% mortgage bonds 1965, due Lakes 1974, Great Lines Greenwich debentures due five-vear Co. June Co. .. 4% * Richfield * 1, debentures fund Feb. due 1, notes due Oct. 1, 1974,. Sea-Pak (March). Paper Co. 4% promissory notes " Gas Co. $200,000 4'/2% first mortgage (January). Oct. 1, 1974, •• 1, Co., (January). due Co., sinking fund 4.10% 1974, $15,000,000 Greyhound Corp. 434% Corp. 43A%: (May).. Greyhound (May). 20-year promissory notes, series A, due Jan. 15, (January ).* < notes sinking B series A. notes, due ' • 15, 1975, $10,000,000 South Jan. 15, 1974, $15,000,000 South 1, . . , fund notes due Jan. serial Co., (April). 000 * series A, 1, 1968, $3,- 1, 1969, $4,- ■ due 1, March 1956-1963, inclusive, Generating ( , volume of 29.8 volume 213 issues Volume Percent of total volume $1,234,329,369 35.6 °L396.705,745°0 1948"volumer 1047.. Number Percent of 42.3 Co.,44% promissory notes due 1964, $250,- $2,703,536,Olf 3/ !> 37/* $1,405.995,si.uo.mp' 55.8 41.# 177 # $975,296,545 $2,209,625,9^ 45.8 39..* $1,400,982,395 44.5 41.1 total volume 243 $758,691,200 $1,388,893,599 27.3 39.2 194 Issues of total volume 194S~Sy.r $2,397,688,p 4XT 4c/7 $2,147,584,7:# 34.# $450,826,0?? n.221M*£l $1,672,545,^; 35.5 14.0 Percent of tctal voiume Percent "• - $1,853,581,851 $3,217,675,288 •' Generating Carolina $1,368,489,872 34.9 , $1,425,070,204 $2,775,529,123 37.9 43.1 -0.4 Volume promissory notes due Feb. notes . Carolina (February). Number Percent of debentures, Co.,.3%%' first mortgage bonds due Oct. 1979, $1,250,000 (February). July due series Clock $500,000 —-—- — ——- . 31.9 volume 1946-?„U,le Co.,v37/8% Sessions Percent of total 1040 ® ' Greyhound Corp. 43A% 1955-1969, debentures due June promissory notes due Dec. 37/b% Finance Seaboard June'1, due (February). OOQ.OOO (April). A, . promissory -notes 5V2%' subordinated convertible 1964, $100,000, (March). Finance 000.000 series • April Seaboard , bonds, ■ due Corp., 335 o46,220 32.6 ^_iS®^::"$1|364(093)437 Percent of total (March). Controls $9,000,000 1969, due (June). $1,107,911,413 29.7 1951~Volumer !'_!!!!!!:""$1.350,458,924 due June - 3.85% 30-year $16,000:000 Robertshaw-Fulton 1, - promissory Co., series A, — volume Numbej- 1952-Number 1944 ia Total Year Last 6 Mos. 189 1950_v,Tmer /L_s!u!!:::::$i.oo4,814 ,054 37/8% Co., bonds, (May). $2,500,000 Oil 1983, mortgage first (April). 4'/4% Co., $15,000,000 Manufacturing Rheem stock (par $1), $412,500 common •* 4%, sinking (February). Mining 1980, inclusive, 300,000 shares of Paper Northern $6,000,000 1971, Pipe Northern $4,000,000 Great 23A% Corp. (June). •. $10,000,000 1, / I960, FINANCING CORPORATE issues Percent of total 4'/z% preferred stock (par (February). $1,100,000 8100), Reserve (April;. (February). Great notes due subordinated junior notes due March 30, table: Percent of total volume Inc., 11,000 shares of Chemicals, Reichbold . Acceptance of Percent of total ,$2,315,000 (June). promissory notes due Nov. 1, 1959, $15,000,000 (April). 1, first mortgage bonds due- 43A% promissory private placements since all of given in the following 1953 $1,500,000 Co. 1984, 1, Publishers' (May;. April Co., Line 4»A% Corp., (May). 1954—Number promissory serial notes due Sept. 5% March 1,1969, $3,187,500 (June). Products ■ General Pipe Wyoming-Nebraska A. first mortgage bonds due (May). PRIVATE (January). Service Public promissory notes due May 1, 1974, $5,000,000 3% Electric Co., 33A% Hydro $194,000 (January). first mortgage loan, 4V2% Corp., Cable 1972, $300,000 Zonite 1975, series D, duo (April). $1,250,000 Wisconsin first mortgage bonds due . first mortgage bonds, 4% Co., Gas Kentucky Nov. due 1974, $500,00# (June). $1,000,000 Volume April General Motors Acceptance Cbrp. Telephone Co., 4»A% Western Carolina (April). notes due bonds mortgage first 4% Co., Gas - . ,, cumulative pre¬ of $1.28 (February). $1,500,000 4% fiF^-mortgage loan, $1,250,000 (March). Telephone Co., 1(58,000 shares (par $25), $2,500,000 (May). stock ferred June . bonds duo 1978, $7,000,000 (January). Dec. (1, 1, (June). of Canada,-Inc., $500,000 Corp., series A, debentures, (March). $500,000 Gas fund sinking secured ' Waveiiy Terminal Bldg., Whitaker ._ 1, 1969, $2,- 33A% 25-year refunding mortgage Washington Gas Light Co., first mortgage sinking fund bonds due May 1, (June). 1964, May 1, debentures due 1974, promissory notes due Dec. 4JA% Co., ' 1 : fund sinking 6% (January). 000.000 West bonds mortgage Oct. 1, 1966, $1,500,00<> (May). & Warner West cumulative pre¬ Canada, Inc., 5V2% subordinated income (with warrants), $600,000 (January). of Progas (April). Mills, Inc., 3 V2 % $400,000 sinking preferml . sinking fund notes due warrants), $1,000,000 (May). Co., Gas Natural , .. 5 'A % Corp., purchase stock, (with .. __ Products 1st 6 Mos. $2,300,000 Transportation series 53, $12,500,000 Gas $1,000,000 series certificates, trust Progas first Inc., 1, American trust collateral and (March). 3.7% Co. Steel Co., 434% (January), Pittsburgh Portland Express Dealers, March General series B, due ouarterly notes, shares of 4.44% 65,000 Metallurgical Co., (June). 1969, 1, • Gas-Oil serial 1968, inclusive, $7,300,000 .(February). $5,000,000 1974, (June). $1,710,000 4%% 5V2% of 5'/2% cumulative promissory notes due Press Co., (April). convertible sinking fund debentures due Co. 3'/8% 1962, Natural Pittsburgh (March). first mortgage bor.ds, $2,300,000 4'A% " .. Co. 3'/2% Co. 1, $13,500,000 (February), (par 10, 1984, $1,000,000 Power Co., 7,000 shares $100), $700,000 (June). Allsteel Victor (Pa.) 5'/2% 10-year promissory notes (March). » $5,000,000 Refining $2,500,000 $6,250,000 $100), (par stock Western Finance Pioneer first mortgage Phila., Pa., 4'/2% Corp., (Apiil). Light Co., 62,500 shares of 4,/a%. cumulative preferred & series 1, cumu¬ (February). Gas promissory notes due March Pennsylvania, 33A% first mortgage (February). of Volunteer $100), $6,500,000 (par $1,528,000 Pioneer (March). $500,000 10-year notes, Street $1,575,000 1/ , Electric & Corp. due March Walnut 1969, Co. Jan. 1984,. $2,800,000 bonds., due mortgage Corp. 33A%' first mortgage 1082, $54,000,000 (June), Dairies, Inc. 4 »A % 1969, Brunschwig & Co., Inc., Fifteen 4.15% of shares 50,000 (April). Penn 1, $5,000,000 (June). Felix, Telephone T969, March 10, promissory notes due (February). bonds due 1979, Mining Co., 4!A% first 1983, $20,000,000 (June). Corp., due note promissory (January), Oswego Falls (June). Erie Fedders-Quigan first Corp. Natural Oklahoma promissory notes due May 4'A % Corp., Corp. to Nov, 15, IS'59 Electric $10,000,000 (June). Radio 4% Corp. 5% Owens-Illinois Glass Emerson Gas $600,000 Car 15, ferred stock promissory 43A% Feb. Valley Oklahoma (March), Electric $5,000,000 1, . California, of 4'A% bonds due *984, 3V2% first mortgage Unper Peninsula Inc. 1984, first mortgage bonds due 3»/2% (Inc.), Publishers fund Feb. 2, notes due fund sinking 43A% , . Oct. i, 1963, (February). & $2,575,000 1970, 15, ' (Inc.), Publishers & $925,000 Verson v bonds due Jan, notes • . Products $410,000 Oct. . 47A% Co., promissory notes due Jan. { promissory notes due " ■ convertible debentures due Power Co., Heat & Printers United ^ due bonds trust (March), (May). $500,000 collateral 4%% ( * ■ (May). Printers 1960, 1, 4'/2% Corp., (June). income 0% United Co., Electric. & American from Eastern 4'/2% Inc. Corp. 1965, $3,500,000 1, due bonds March bonds due first mortgage 1974, $14,000,000 4% first mortgage and collateral 1, 1972, $6,000,000 (March). (June). Light, United ■ (January). Finance 1964, Forging Steel $2,500,000 Corp., April due C, Light, Heat & Power Co., $500,000 (June). 1979, due ■'' . Bearing Co., American North Dec. El 1, 1, (April). $12,150,000 ' 414% Co. Gas bonds mortgage first ' y'p . series Williams & $1,000,000 American Acceptance Corp. North sinking 3'A% < " ' Line Co., Union Corp. bonds, series E, due firgt mortgage bonds due Pipe Oil h 1969, $1,000,000 Union . mortgage Co., 3%% Co., due April notes promissory 4Va% 15-year (May). ' 1 bonds, June $500,000 1972, due 1982, . Ultrasonic bonds mortgage (June). due (February). $24,000,000 Natural Paso , 33A% first $600,000 (June). Mountain trust first mortgage bonds, series C, due May 1, Co. 5% Electric. Co. (June). El " ; first preferred stock (par $100)'| $5,000,000 (March). Newport 30, Edison (April). cumulative preferred stock (March). State York June Transue - Merchandise York $3,- 1966, 1 > . , Inc., Telephone sinking fund debentures due May 1, $1,000,000 (Februaryh lative *' •' 414% Markets, $1,000,000 1, <1964, (June). (June). $1,000,000 due Feb. due (May). Hampshire 1964, New & bonds mortgage 540,000 shares of 5'A% Co. 1969, $2,500,000 real estate note due to 1967, $1,717,521 .. Duffy-Mott " notes due 1969, $1,500,000 promissory 4% Inc., 1969, 1, Trans Service Gas Mississippi $4,000,000 ' • . v.:.4, $1,150,000 note,.dated Jan. 13, 1954 Jan.' 1, 1969, $1,500,000 1 Pepper Co., 4% Durez Gas 1974, $1,500,000 Co., 4.20% first mortgage (March). sinking fund notes due Inc., 4%% (February). $1,500,000 " serially due Transmission Corp., 1973, $24,000,000 Stores, Tidewater inclusive, 1961-1979', due ■ first America Steel Corp. 1979, $100,000 (January). Dobeckmun A, 5V4% capital notes, series inclusive, $2,500,000 (April). Manufacturing Co., 1973, Drug Toledo of (March).;/- due notes convertible subordinated 53A%> Corp., 1, cumulative preferred ' (June). $1,500,000 due 1969, March 1, due Inc., (February). 15, of America promissory notes due Feb. 1, 1959, $500,000 Mid-Texas Telephone & Sons Co., 4V2% promissory installments to and including May Thorofare ■/>',. 1964, $300,000 (May). debentures promissory 3.70% due (February). MidSouth Inc., Dec. (par of 6% 15,000 shares Penn-Jersey Glass note promissory 4.20% due Juns sinking fund debentures - Inc., 1957-1966, pipeline bonds Thrifty debentures fund debentures 3.40% . (par $50), $27,000,000 due botes (January). $207,000 1964, (C. promissory (June). Industries, $3,000,000 sinking Mercury Manufacturing Co. 43A% Co., stock preferred ; Corp. $600,000 bonds, (January). Leather Chemical 1955-1968, fund Tile McLouth 4 'A % Inc., System, $7,000,000 1,'1968, $1,800,000 Nov. Consolidated sinking 4'/2% (James), Eastern Texas . 3'/2% Co. (May); (February). Mastic •. . 22-year 5'A% of shares 100,000 Corp., (par $100), 1, 1970, 26,800 shares of 5.2% cumulative con¬ 1954 series (par $50), $1,340,000 (January). Co.; 4'/2% (June). Co., (March). A.) i, April $2,000,000 (May). Telephone Mastic Tile Corp. inclusive, 1955-1969, t Broadcasting 15, Co., (June). $4,500,000 Columbia .. . 1974, March, due stock Thatcher Libby & $15,000,000 $1,500,000 cumula¬ (June).: $1,000,000 serial debentures due 5% of 4.65% 10,000 shares Corp., $100), (par Eakeries, Inc., $500,000 (May). notes ' Libby & McNeill Mansfield (March). Service stock Claussen McNeill 1979, cumulative preferred of 4%% ' *, ' promissory 4% Inc. (O. ' . Corp., Gas $600,000 " to Sept. notes due sinking fund debentures due Jan. ~ "r . . 43/<% (January). Gas Propane $5,000,000 (April), promissory 4% Co., Stromberg-Carlson Sutton first mortgage sinking fund bonds Ltd., 4%% $17,000,000 preferred stock, 1969, Dt (par $10), of common stock , . Central 1, series . 1967, Propane vertible du» $2.50), (par bonds, mortgage shares 7,684 Co., Propane Gas Corp., Suburban Talcott (June). 1, 1969, $2,750,000 1, Suburban i cumulative 1 : t; (March). $1,200,000 $100), $10,000,000-(May). series Libby, (February). 4.30% 30, 1964, $250,000 $1,- 1979, ' 50,000 shares Co., bonds mortgage promissory notes, 434% ; ^ - Power Co. Koehring Co. 4'A% promissory notes due Oct. 1, 1969, $1,350,000 (June). > , , Inc., 4JA% Co., $100), $5,000,000 (par first 3%% ' Electric Power Maine stock Co., (March). Central Louisiana & Testers, Inc: (March). Central (May). - 120,000 shares of (par $50), $6,000,000 (May). ■ Light stock preferred (June). $25,000,000 1979, 1, June promissory notes due (par Electric Johnston due note Publio Service stock 1969, $5,000,000 May 1; Iowa 1, (June). 3%% Illinois preferred Co., promissory Celotex Corp., Central 3'A% equipment trust certificates, series M due inclusive, $25,020,000 (January). 1955-1969, 2, Carolina Suburban . 10, 1954 and due, senior notes dated May Co. 37/8% Interstate Securities Water Stix, Baer & Fuller $4,700,000 (June). . 1%%% first mortgage and colApril 1, 1974, $30,000,000 (March).. (Canada Co. series D, due bonds, stock ."y promissory consolidated Pipe Line trust cumulative preferred y ' (June). Central RR. D, due June shares, of 5V*% 25,000 City Steep Rock Iron Mines, ! stock common Co., $99,892 (May). (par - Water City Springfield • stock preferred ■ of shares bond!*1 • 3!/2% first May 1, 1984, $1,000,000 (May). due first mortgage bonds, series J, due Feb. 48,100 Co., " • mortgage first 3.65% Co., (February). (June). Springfield (April). $1,000,000 (June). Electric Sprague preferred Service Public $12,000,000 $3,607,500 of shares debentures due April 1, 1987, 3% (April L Southwestern due due April 1. first mortgage bonds 3V2% Co., (May). Southern New England Telephone Co., promissory notes due 1957 and 1969, (April). (Harry T.) Sons' Campbell Co. $1,250,000 $2,500,000 Illinois Utilities Ltd. (par Radio Hoffman California Interstate Telephone California-Pacific due C, $7,300,000 1984, Telephone (par $50), (March). 1979, $4,200,000 1, series Pittsburgh Water 1979, preferred stock 4.70% of shares 40,000 (May); Co., $4,000,000 $100), South Oct. due bonds mortgage first 4% Co., (June). Pittsburgh Water (par 1964, i Generating $1,200,000 1981, $15,000,000 Telephone Co. 3.40% $10)r $1,000,000 " Feb. bonds, mortgage 1, South .. Telephone Interstate first 33A%-4% Co. Co., series E Hewitt-Robins, California June, due (January). F.) 1984, $2,500,000 15, $3,000,000N (June) j 1974, note ! : * , (June). Telephone Hawaiian 4V2%' 10-year promissory notes due 1955-1963, (June). $112,500 due note (May). mortgage : 1, 1984, $6,000,000 (April). Hawaiian Bay Gas Co., (E. Electric Hawaiian debentures capital due , . 6J/2 % Plan, first Co. 3Vz % Co. 1979, $1,200,000 $1,300,000 (April). $600,000 Gas Hawaiian Gas Finance I, promissory notes due June Motor *■ Carolina South $2,600,ct00 1984, (June). Hauserman promissory notes due Aug. l, 1969, (May). $7,000,000 .3%"% Davidson $900,000 (June). $2,000,000 Buzzards ntfces- due r ♦' promissory 3%% Corp., (April). $25,000,000 Brooklyn Haloid Co. Barley Black, Sivalls & Bryson, Inc., 4'A% Budget $100), (par 43A% promissory notes due Feb/1, 1969 $10,000,000 (February). currency), Budget preferred' stock 43A% of Loan Corp., Beneficial ■ shares 20,000 (April), $2,000,000 beneficial Co., due . t Bell 7 (1327) The Commercial and Financial Chronicle .... - $561,560,000. of total volume 21.4 1944~SS.e.r °' 5h"»-Percent of total volume $370,842,625 . • (Continued $722,001,687 17.6 »49».l«.U4 23.1 36.4 on page 8) $1,283,56lf ? ^.3 $869,99o|] «-* * (1328) The Commercial and Financial Chronicle. (Continued from page 7) It happens on occasion that which have been of large owners outstanding for ISSUES blocks of some stock exchanges ings in June whose securities since Such compilation our tabulated them Of 1942. involved are proceeds of the sales. place in offerings" receive offerings of separately but whatever 22,818,254 32,288,324 65,612,548 44,216,600 IRON, 28,869,867 55,433,608 $100,000,000 Aluminum 21,346,188 51,670,355 24,733,582 interest due 151,924,399 266,385,282 154,075,474 211,611,641 2i8,587,249 ' November 24,363,851 December— 17,281,634 35.549,839 no Tot. 6 mos. 107,720,287 22,525,315 27,671,152 ______ August __ October ~~I7T—Z Tot. cal. yr. - Long-term financing by States and municipalities aggregated with $2,601,740,743 for the same period last year. 16,740,493 Inc.; 34,116,548 133,184,851 SUMMARY New Capital ■ January February Total '• J New v"; $ S $ New Total $ $ Capital .4,139,700 397,556,630 385,672,408 4,938,750 390,611,158 348,674,310 221,100,904 399,836,510 564,414,602 365,219,400 2,180,965 367,400,365 437,883,640 285,406,211 7,938,205 556,980,762 419,668,740 18,214,900 4,185,900 3,119,600 452,107,913 1,937,211 647,165,350 375,903,215 11,276,530 387,179,745 825,6^0,750 26,170,200 851,860,950 392,874,650 18,900,780 411,775,430 614,932,804 11,180,000 626,112,804 143,907,216 riman hill, 3,655,919,195 77,247,721 3,733,166,916 2,531,920,658 257,618,750 2,478,550,419 2,220,931,669 69,820,035 2,601,740,743 . & 526,974,230 September 1,865,000 528,839,280 224,198,617 2,475 000 226 673,617 3,632,420 259,120,375 202,948,600 7,435 218 210 383,818 son, 461,798,200 2,147,000 4b3,945,200 436,980,735 2,395 600 3,475,840 480,384,090 304,986,240 2,145,950 7,652,400 406,033,430 179,231,260 3,749 ,000 48,609 ,000 227 840,260 780,600,515 393,847,906 9,115 ,600 402 963,506 2.898,004,280 20,968,610 2,918,972,890 1,742,193,358 73,779,418 1,815,972,776 5,429,924,938 90,788,695 5,520,713,633 3.963,125,027 331,398,168 4,294,523,195 ... November December 772,948,115 2nd Total 12 6 months 308 735,240 ■ Thalmann C. son 102.625% and accrued interest. Offered by Union SecurCorp.; Equitable Securities Corp.; Auchincloss, Parker A. G. Becker & Co., Inc.; William Blair & Co.; DeHaven & Townsend, Crouter Si Dodine; Dick & Merle-Smith; Hayden, Miller & Co.; Hirsch & Co.; John¬ & During June, 1954 Later Than Five Years) Burlington certificates due 1969, Inclusive. from & Quincy 16,000,000 Jersey 1.00% to 2%% RR. semi-annually Purpose, for Jan. equipment 1, 1955 to interest. 1, Gas Sept. 1, bank loans 4'/4% first and due Sept. 1, 1953 and seven for new insurance 1955-1963. construction. l, 1974. struction to Gas Placed natural to Illinois 5Vs'/o operation. gas mortgage bonds ($66,500) and for refunding ($33.5001. Placed due con¬ privately. Public Service Co. 3V*% first mortgage June 1, 1984. Purpose, for new con102.25% and accrued Interest. Offered struction. Price, by Halsey, }4,000,000 Central Stuart & Co. Vermont bonds, gage ($2,755,000) 245,000). Price. by Halsey, E. Pollock Thomas Si and repayment Co. and first Purpose, of bank accrued mort¬ System, Inc. Si Watts Co.; Si Co.; Co.; R. L. Day Francis Corp.; Estabrook ards & Hibbs Si Co ; & Co.; & I. debentures, series & & Co., Inc.; Blyth Co.; & Co.; D, Si Clark, Inc.; Hayden. Miller & Illinois Co.; Johnston, Kalman J. Reid & Co.; J. B. Inc Drexel & Lemon Co., Co.; due Harriman & & Co ; Henry Inc.; Kidder, Peabody & Co.; Kirk- ( & Co.; R. W. Pressprich & Co.; Put¬ Co.; Salomon Bros. & Hutzler; 1984. Power Corp., and 116,000,000 Duquesne 1. 1984. and A. C. Light Burge Dick & Inc.; Heller, mortgage Allyn & Co., Co. 3%% to Price, Loeb & due and Union Lynch, Offered loans. June accrued Securities by bonds Price, Halsey, due July 102.461% Stuart & Overtcfn Co C. & *19,200,000 El & Bruce Co.; <te Co.; Patterson, Wells & Co.; J. A* Copeland & Kendall, Inc.; R. Stern Brothers & Co.; Thomas Paso Natural bonds due, and lor tional Dec. new Gas 15, Co. 4'/e% 1968. first Purpose, construction. Placed investors. repay pipe bank with line # loans -"vm loans Power Co. p„mos" and 3%% first -ref'-ndins- for new r mortgage bonds *6.593.000) construction and to due July repay ($3,407,000). 1 bank Price, for due Securities Minipg July Loeb & Co. Con¬ Electric Co. Hancock Mutual ing capital. 1984. 1, Price, Equitable repay Shields due June 1, working Underwritten Barney & 1969. by Price, to bank repay 100% and accrued Kidder, Peabody & Co.; Smith. Estabrook Co.; convertible subordinated Purpose, capital. & American Co.; Securities Dominick & Dominick; Goodbody & Co.; Lee Hig¬ ginson Corp.; A. G. Becker & Co. Inc.; W. E. Hutton A Co.; G. H. Walker & Co.; Boettcher & Co.; Bosworth. Corp.; and Sullivan & Co., Corp.; west Co. All Inc.; J. A. Hogle & CO., and Pacific North¬ sold. Co. & Transmission and due for 3%% Co. first June mortgage 1, 1974. Purpose, construction. Price, new interest. Goldman, to repay 101.787% Webster Se- Offered Sachs Marks M. Pierce, MOTORS *$900,000 & Fenner 1, Co.; Mason-Hagan, Beane; Merrill, Inc.; Turben Merrill & Co.; through Galleher & Co. Light, due Heat 1984. with & Power Purpose, John Hancock new 3%% first Light Co. Mutual Life institutional an Si vails Black, 1, Aug. working Life Co. general corporate note due June Placed purposes. investor through Einch & capital. Placed Co. Canada; of MANUFACTURING Inc. Purpose, Assurance of AND Bryson, & 1969. 4%% to promissory notes due bank repay loans Continental Assurance Insurance Co.; Kansas City Life Equitable Life Insurance Co. of Iowa. Co.; ($12,500,000) ($12,500,000). poses Ripley & Co. Inc. for United States Insurance *25,000,000 Carrier Corp. promissory note due June 1, refunding and privately with Provident Mutual Philadelphia; Sun Life Assurance Life <•- and for Placed 1979. general privately Co., Purpose, corporate through and pur¬ Harriman and Hemphill, Noyes Si Co. Corp. 37/b% promissory notes due 1969. Purpose, refunding ($2,000,000) and for expansion and general -cor¬ *4,900,000 Celotex porate John Life & Co. of and Union Life Insurance Co. and Securities Co.; Provident the through Corp. New Mutual with England Life In¬ Philadelphia. Shoe due Placed privately Placed Weeks Mutual Insurance debentures loans. ($2,900,000). purposes Hancock surance Placed Insurance first mortgage with INDUSTRIAL OTHER *$2,000,000 Nov. & Leather 1, 1363. Co. 3%% Purpose, to sinking retire fund bank privately through Hemphill, Noyes & Co. Co. *2,000,000 Durez Gas Co. for Company. mortgage construction. ACCESSORIES Motor Purpose, 1964. *1,800,000 Commonwealth Co. for AND Davidson privately & & Harley Hornblower privately » Placed privately with an institutional invest©* for and interest. bank to Securities Co. Vanadium Corp. of America 3 Vb% loans mortgage 101.537% Purpose, construction. by first Insurance through Kuhn, Loeb & Co. 5*,000,000 debentures 3%% Life Williams Steel Forging Corp. 4%% promissory 1, 1969. Purpose, for expansion and work¬ due June notes Co. Co. 4V4% first mortgage bonds, series A, Purpose, for new construction. Placed nine insurance companies through Kuhn, 1983. with *5,000,000 Pittsburgh Metallurgical Co., Inc. 4% promissory note due June 30, 1974. Purpose, refunding ($4,500,000) and for working capital ($500,000). Placed privately with John Mutual and Co. 1, privately con¬ new Hancock & Co.; F. S. -Smithers & Co.; Co.; Starkweather & Co.; Stein Brothers & Co.; Stix & Co.; Stone Corp.; Stroud & Co., Inc.; SiHre Ac & Stern $132,500,000 Gas f5,000,000 Washington institu¬ k7 U0,000,000 Gulf *20,000,000 Brie Corp.; Co. bonds mortgage to privately and John Insurance Milwaukee *500,Union Books closed. Webster Barney Staats & Co.; Wertheim & Co.; Westheimer and Co.; White, Weld & Co.; Dean Witter & Co.; Harold E. Wood Ac Co.; Wood, Struthers & Co.; Wurts, Dulles & Co., and Qarnall, Biddle & Co. Oversubscribed. Co. ance & Lerchen *600,000 Tidewater Telephone Co. 3%% first mortgage bonds, series E, due June 30, 1982. Purpose, for construction pro¬ gram. Placed privately with Mutual Benefit Life Insur¬ Mullaney, Schmertz <fc Co., Inc.; Co., and Weeden & Co., Inc. collateral 6- Co.: Schoellkopf, Hutton Si Pomeroy, Inc.; Scott & Stringfellow; Chas. W. Scranton & Co.; Shields & Co.; Smith, Barney & Co.; Spencer Trask & Co.; Tucker, Anthony & Co.; Union Securities Corp., and Dean Witter & Lestrange & Co.; Aspden, Robinsoff& Co * Kraus; Byrd Brothers; R. L. Day Si Co.; Merle-Smith; Freeman & Co.; Gregory & Son! & and Co.; F. S. Moseley & Co.; Mullaney, Wells & Co.; The Ohio Company; Pacific Northwest Co.; Paine, Webber, Jarkson & Curtis; Prescott, Shephard & Co, Inc.; Rauscher, Pierce & Co., Inc.; Reynolds & Co.; Riter ^ mortgage bank loans Life Offered bonds, Laurence Inc. first repav bonds 100% Co.; Smith, R. Boyce; & Co.; Ha'towell, Sulzberger & Co.; Harriman Ripley & Co., Inc.; Hemphill, Noyes & Co.; Hornblower Si Weeks; Kidder, Peabody & Co.; W. C. Langley Si Co.; Lee Higginson Corp.; Lehman Brothers; Arthurs, Ball, „ Kuhn, interest. Inc.; first refunding. by Purpose, accrued 3% Co. Purpose, Offered Co.; Reinholdt & Cc.; Sweney, Cartwright & Co.; Swiss American Corp.; Talmadge & Co.; Thomas & Co.; Spencer Trask Ac Co.; Tucker, Anthony Si Co.; Union Securities Corp.; Vietor, Common, Dann & Co.; G. H. Walker & Co.; Watling, sinking fund debentures due with Insurance & new and accrued Co.; The 1, 1984. due by Stone & White, Weld & Co.; Robert W. Baird & Co., Inc.; Blyth & Co., Inc.; Bosworth, Sullivan & Co., Inc.; Central Republic Co. (Inc.); Clark, Dodge & Co.; Equitable Securities Corp.; Estabrook Si Co.; The First Boston Corp.; Fulton, Reid & Co.; Glore, Forgan Si & & Co.; Scribner; Merle-Smith; Lee Higginson Corp.; R. W. Press¬ loans /curities ( Aetna due May for line bank and W. H. Newbold's Son & Co.; Newhard, Cook & Co.; Hanseatic Corp.; The Ohio Co.; Pacific North¬ Bros. Co. 4% first mortgage bonds, Purpose, for new construction. Placed Kidder, Peabody & Co. Gas F, interest. and pipe Co.; Reynolds Si Chas. W. Scranton & Co.; Smith, Barney & Co.; Stein Bros & Boyce; Sweney, Cartwright & Co.; Spencer Trask & Co * Union Securities Corp.; G. II. Walker & Co.; Wertheim & Co.; Dean Witter & Co., and Wood, Struthers & Co. I ooks closed. interest. and 125,000,000 Tennessee Merrill, Turben & Co.; The Milwaukee Co.; Moore, Leonard & Lynch; Newhard, Cook & Co.; Paine, Webber, Jackson & 125,000,000 Consumers mortgage bank repay Life through series prich & Co., Kuhn, Loeb & Co.; W. C. Langley & Co.; Lehman Brothers; McCormick & Co.; McDonald & Co.* & Assur¬ Generating 1981. 1, accrued Co.; Curtis; Phelps, Fenn General Oct. loans Co., & Son; W. E. Hutton & Johnson, Lane, Space & Co., Co.; Joseph, Mellen & Miller! bonds mortgage first privately Co., Carolina bonds, Dick to Insurance privately Sachs Ripley Hemphill, Noyes & first 4% 3%% Placed +10,000,000 Southwestern Securities Goldman, Life bank with Corp. Purpose, necticut * Hilliard Company; & patrlck-Pettis nam Co.; Laird & Co.; Laird, Bissell & Meeds; Co.; Lazard Freres & Co.; Lee Higgin¬ Lehman Brothers; Lester, Ryons & Co.; Carl Rhoades & Co.; Irving Lundborg & Co.; Laur¬ *2,500,000 Transue & *1,200,000 South Dodge Dominick; Equitable Life Baker, Co., Central loans and for new construction. institutional investors through Webster Securities Corp. struction. Fahey, Clark & Co.; Field Rich¬ Corp.; Folger, Nolan-W B Fulton, Green, Ellis & Anderson; The Si Dominick Pont Co.; Inc.; Co.; Inc.; Baird and Corp. First of Michigan Co., Herman Inc.; Co.; du Co. repay Valley 1974. 3'/2% W. to ♦13,500,000 Pioneer Natural Gas Co. 3%% Blunt Ellis & Simmons; Si Sons; E. W. Clark & Browr. Co.; Robert Co. Co. tion, Inc.; Gregory & Son, Inc.; Wm. Shearson, Hammill & Co., and Inc.; Insurance trust/bonds due Jan. 1, 1982. Purpose, for new construc¬ etc. Sold privately to 39 institutional investors (including 27 insurance firms) through The First Boston ($1,- Offered 1979. Whipple & & William Si *54,000,000 Ohio refund¬ loans. interest. repay Supply privately Stone 3Va% 1984. Oversubscribed. Gas 1, 1, Purpose, for construction program. Price! 101%% and accrued interest. Offered by Morgan Stanley & Co.; A. C. Allyn & Co., Inc.; Almstedt Brothers; Bacon, Alex. & Co.; Putnam & Co.; Quail & Co.; Refsnes, Ely, Garner; Reynolds & Co.; Riter The Robinson-Humphrey Co., Inc.; Rodman & Renshaw; Rotan, Mosle and Cooper; L. F. Rothschild Ac Co.; Salomon Bros. & Hutzler; R. C. Schmertz & Co., Inc.; Schoellkopf, Hutton & Pomeroy, Inc.; Schwabaehei & Co.; Scott, Horner & Mason, Inc.; Scott & Stringfellow; Chas. W. Scranton & Co.; Shearson, Hammill Az Co.; Shields & Co.; Shuman, Agnew & Co.; Silberberg & Co.; Sills, Fairman & Harris, Inc.; Singer, Deane & Placed Life Fuel Electric Placed Sold. Corp. June for & All Service due 100.959% Co., Co, 14®,000,000 Columbia due July K, Stuart Si Inc. Public series ing Si Share John¬ Grubbs; York prich Co. *2,800,000 Newport Purpose, bonds, series P, due , Bond & Co.; Paine, Webber, Jackson & Curtis; Piper, Jaffr&y Hop wood; Prescott, Shepard & Co., Inc.; R. W. Press¬ & 3%% debentures due June 1, 1974. Purpose, to repay bank loans. Price, 99.25% and accrued interest. Underwritten by The First Boston Corp.; Morgan Stanley & Co.; Blyth Si Co., Inc.; Eastman, Dillon & Co.; Goldman, Sachs Si Co.; Lehman Brothers; Merrill Lynch, Pierce, Fenner & Beane; White, Weld & Co.; Hemphill, Noyes & Co.; Boettcher and Co.; Bosworth, Sullivan & Co., Inc.; J. A. Hogle & Co.; Lester, Ryons & Co.; Moore, Leonard Si Lynch; Singer, Deane & Scribner; Brush, Slocumb & Co. Inc., and Edward L. Burton & Co. - privately first National Co.; Beck Corp. to interest. 12,000,000 Mountain repay 10-year promissory notes due convert Co. Purpose, program 15,0004)00 Central to with Berkshire Life Insurance Co. *100,000_Carolina Central Purpose, ance bonds datedi' Purpose, companies. Purpose, Placed privately mortgage 1978. & 3Va% first mortgage bonds due bank loans. Price, 100% and privately with Union Central Life Insurance Co., Life Insurance Co. of Georgia, Colum¬ 1979. bian Co. and The Robinson-Humphrey Co., Inc. Service Gas accrued UTILITIES Light *112,500 Buzzards Bay Gas Co. 4'/2% ; Indianpolis Kirkland Inc.; west Offered by Halsey, Stuart & Co. Inc.; The Mil¬ Co.; Mullaney, Wells & Co., and Thomas <fc Co. waukee *1,150,000 Mobile according to maturity. Of¬ Hutzler; Drexel & Co.; Union PUBLIC *4,325,000 Atlantic & Central to 2.75%, fered by Salomon Bros. & Securities Corp., and Stroud & Co., Inc. • Co.; Jenks, Co., Langley & Loeb, New Power & Light Co. 3s/4% first mortgage bonds due June 1, 1984. Purpose, to repay bank loans and for new construction. Price, 102V8%> and accrued trust July Price, .equipment. new Redpath; ston, Lemon & Co., , RAILROADS *$7,350,000 Chicago, v? Co.; and M. Marks & Co.; Mason-Hagan, Inc.; A. E. Masten Co.; McCormick & Co.; McDonald & Co.; McDonnell <Xi Co.; Carl McGIone & Co. Inc.; McJunkin, Patton & Co.; McKelvy & Co.; Merrill Lynch, Pierce, Fenner & Beane; Merrill, Turben & Co.; The Milwaukee Co.; Moore, Leonard & Lynch; Morgan Stanley & Co.; F. S. Moseley ities Long-Term Bonds and Notes (Issues Maturing April & & Details of New Capital Flotations with Illinois The Space ence figures. yield Co., Inc.; Hayden, Miller & Co.; Hemp¬ Co.; H. Heintz & Co.; J. J. B. Hilliard At Corp.; M. months •Revised Field, Co.; & Janney Lane, W. Total & Corp.; First of Folger, Nolan-W. Co,; Johnston, Lemon & Co.; Jones, Kreeger & Hewitt; Kalman & Co., Inc.; Kay, Riclxaids &f Co.; Kean, Taylor & Co.; Kidder; Peabody & Co.; Kirkpatrick-Pettis Co.; Kuhn, Loeb & Co.; Ladenburg, 439; 376,335 476,908,250 403,937,480 October Steele Cleveland & & Co.; Corp.; 255,437,955 w_—__ Fauset, First Southwest Co.; Hornblower & Weeks; Hulme, Apple-r gate & Humphrey, Inc.; E. F. Hutton & Co.; W. E. Hut¬ / , Ripley Hirsch ton July August Co.; Co.; The Corp.; First Noyes Son; months— 6c & Goldman, 454,045,124 645,228,950 23,648,290 1,936,400 346,904,800 34,490,678 733,584,804 785,913,420 323.256,510 751,422,742 1st 6 Boettcher Si 148,093,116 730,465,204 Total Co.; & Hibbs & Co., Inc.; Fulton, Reid & Co.; Robert Garrett SSons; Glore, Forgan & Co.; Glover & MacGregor, Inc.; Sachs & Co.; Goodbody & Co.; Granbery, Marache & Co.; Green, Ellis & Anderson; G. C. Haas Ac Co.; Haligarten & Co.; Halsey, Stuart & Co. Inc.; Har¬ 293,344,416 March June Watts C. Chapman Michigan 569,775,214 1,893,703 7,433,840 Baker, B. 393,416,930 _________________ Inc.; Crowell, Weedon & Co.; S. K. Cunningham & Co., Inc.; Curtiss, House & Co.; J. M. Dain & Co.; R. L. Day & Co.; DeHaven & Townsend, Crouter & Bodine; Dick & MerleSmith; R. S. Dickson & Co., Inc.; Dillon, Read & Co. Richards Refunding $ Total Co., and Farwell, -1952- Refunding & Inc.; Dominick & Dominick; Doolittle & Co.; Drexel As Francis I. duPont & Co.; Eastman, Dillon & Co.; Elworthy & Co.; Equitable Securities Corp.; Eastabroob. & Co.; Clement A. Evans & Co., Inc.; Fahey, Clark & Co.; MONTHS $ Capital Baird v'Co.; April May debentures fupd repay and Co.; Bosworth, Sullivan * Bradford & Co.; Alex. Brown & Sobs; Co.; Butcher & Sherrerd; Central Republic Co. (Inc.); Chaplin & Co.; Clark, Dodge & Co.; E. W. CJark & Co.; Richard W. Clarke Corp.; Cofflin & Bttrr, Inc.; Julien Collins & Co.; ^Cooley & Co.; Courts A Co.; - 397,942,807 j__ to Purpose, Weeks & Co.; Ball, Burge & Kraus; Bear, Stearns A. G. Becker & Co., Inc.; Blair, Rollins & Co. William Blair & Co.; Blunt Ellis Si Simmons; BIytb Burnham i -1953 Refunding sinking 3% America Co.; Co., Inc.; Co., Inc.; J. 261,795,761 403,251,314 303,171,201 399,570,133 since January 1952: BY FIGURES MUNICIPAL OF -1954- W. & 191,639,673 151,246,802 $3,733,166,916 for the first six months of 1954 present a tabulation of municipal financing by months Robert 24,790,489 & compared we ETC. COPPER, COAL, of 1979. 1, Baker, _ . Below Co. bank loans and for Price, 100% and accrued interest. Under¬ written by The First Boston Corp.; A. C. Allyn Ac Co., Inc.; American Securities Corp.; Arthurs, Lestrange Co.; Auchincloss, Parker & Redpath; Bacon, Wliipple Co.; ... they Municipal Financing for Half-Year 9£ STEEL, June 26,783,641 39,098,263 4,845,208 - 9,783,161 6,662,745 29,082,761 25,577,858 11,033,127 September. have we 64.074,568 48,971,104 10,373,126 25,654,929 the of these have as 22,832,155 32,565,113 20,296,000 ___ Co. Insurance $256,487,500 28,562,947 57,632,872 Life General cut 24,442,067 49,421,987 24,020,057 24,688,344 13,435,865.* 19.195,618 66,580,085 21,944,601 21,413,265-36,607,693 July companies part no issues, new for the course $ Co. Telephone 25,010,104 21,927,272 24,674,494 26,262,180 36,275,734 t Carolina 13,974,501 ___,— Tot. 6 Mos. the several on 24,437,189 Shearson. and Co., Illinois Co. & 4%% first mortgage bonds due 1975: Purpose, to repay bank loans. Placed privately with Berkshire Life Insurance Co. aad Connecti¬ 1950 $ The Co.; & Monday, October 4, 1954 . _' expansion. included with the secondary offer¬ are totals our "special Hirsch ♦1,000,000 Western 1951 $ $ 20,944,488 March public utility holding companies com¬ Similarly Co-' Hammill FINANCING NEW 1952 1953 44,221,570 May plying with the Utility Holding Company Act dispose of their holdings of subsidiary companies through public offerings. REPRESENTING '28,040,319 January February April some NOT $ involved. Likewise & account and present the results own 1954 time, desiring to liquidate all or part of their holdings, prefer to do so by making a public offering of the securities ' their on in the table below: Issues Not Representing New Financing securities have may . 3y4% refunding mortgage bonds due June 15, 1979. Purpose, refunding ($1,395,000) and for new construction, etc. ($3,605,000). Price, 100% and accrued interest Offered by Equitable Securities Corp.; Drexel & Co.; Lee Higginson Corp.; R. w. Press¬ prich & Co.; Stroud & Company, Inc.; Granbery, Marache Plastics & bentures due June » Chemicals, 1, 1974. t Indicates * Inc. 3V2% Purpose, sinking fund de¬ for expansion. Placed privately with Northwestern Mutual Life Insurance Co. special offering. Represents issues placed privately, t Indicates issues sold competitively. Number 5365... The Volume 180 Commercial and Financial Chronicle Manufacturing Co. 4% promissory notes to repay bank loans and for working ' capital. Placed privately with New York Life Insurance Oo. through Smith, Barney & Co.; Van Alstyne, Noel v , 1974. due Purpose, Radio & May 1, 1969. due notes with privately Placed Purpose, promissory for working capital. institutional investors notes for June ($16,070,000) and due & Co.; L. F. Schwabacher Shelds & Co.; I. M. Simon & Co.; Stein Bros. & Stone & Webster Securities Corp.; Union Securities Watling, Lerchen & Co.; Wertheim 6c Co.; White, Corp.; — *6,000,000 Great Northern Paper 1974. insurance *3 000,000 F.) inc. & Co., through Blyth Co. ance privately Placed capital. » for Purpose, 4%% Co. *1.350,000 Koehring working with Metropolitan Life Insur¬ & Co., promissory series 6% attached). sinking fund debentures, interest. i'v *1,000,000 New privately through Stroud & 1969. due of shares and due ex-" convertible debentures due working capital. Privately Placed Pacific Northwest ital. Cook Shepard • & June bonds Placed dated Co. 4%% for certain 400 000 Temple July 4% 4.15% and Feb. 1, 1955 struction. by B. to Price, 100% C. Ziegler Sc Co. ..Jj650.000 (Detroit, and 4'/4% (Alaska) *1,700,000 Anchorage All sold. Co.; H. Payson & Co.; M. G. H. Walker & Co., Haupt 6c co. 300,000 Missouri Telephone Co. 12,000 shares of 6% cumulative preferred stock, series A (par $25). Purpose, lor new construction. Price, at par and accrued dividends. Un¬ & Inc.; Dempsey-Tegeler and Metroponcan-St. i/ouis by Central Republic Co. derwritten Co.; E. G. Edwards 6c sons., Company. - stock $25 (no Service Inc. 7,127 shares of common Purpose, for construction program. Price, Public Orleans 178,175 New par), Offered share. per by for company subscription by mino£ifcsf common stockholders, without underwriting. An additiqfal 143,086 shares were subscribed for by Middle 25,000,000 Utilities, Inc., the parent. consolidated due , Offered 4'/2% and by Purpose, for & Co. Grande paving and audi¬ Offered Purpose, to finance improvements. (City and County of) l%-5% Kalihi tunnel July 1, 1954 and due July 1, 1955-1984, In¬ for capital expenditures. Price, to yield from 1% to 3.25%, according to maturity. Offered by The First Boston Corp.; C. J. Devine & Co.; Salomon Bros. & Hutzler; The First National Bank of Portland, Bache Ore.; Bacon, utility 3%% (Alaska) Whipple & system revenue bonds Offered by Grande Purpose, for improvements. 1982. due Co.; & Co. & $6,325,000 STOCKS (Preferred stocks of ferred stocks computed a stated par value of^o par value and their offering prices. at PUBLIC are taken at par, while pre¬ all classes of common stock are UTILITIES $98,406 Artesian Water Co. 5,467 shares of class A common stock (no par) Purpose, for improveemnts, etc. Price, $18 per share to stockholders and $20 to public. Offered by com¬ pany subscription by Meeds. for stockholders. Hayden, Stone & Co.; Hemphill, Noyes & Co.; Horn¬ Sc Weeks; W. E. Hutton 6c Co.; Kidder, Peabody Higginson Lee Co.; Corp.; G. Lehman Brothers; Maine Merrill Lynch, Pierce, Clifford J. Murphy Co.; Means; Vermont Public Service Corp. Insurance Co. through Hallgarten Light & Power Co. & Co. W. C. Langley & Co.; Lawson, The Mitchum, Tully & Co.; Moore, Morgan Stanley & Co.; F. S. Moseley Milwaukee Co.; & Lynch; Co.; Piper, Jaffray & Hopwood; Prescott, 6c Co., Inc.; R. W. Pressprich & Co.; Putnam Rauscher, Pierce & Co. Inc.; Reinholdt Sc Gard¬ ner; Reynolds & Co.; Rlter 6c Co.; The Robinson-Humphrey Co., Inc.; L. F. Rothschild & Co.; Salomon Bros. & Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; Schwa¬ bacher & Co.; Scott & Stringfellow; Chas. W. Scranton & Co.; Frank C. Shaughnessy 6c Co.; Shearson, Hammill & Co.; Shields & Co.; Shuman, Agnew & Co.; Singer, Shepard & / 200,000 shares of $2.06 series E (par $50). Purpose, for new construction. Price, at par and accrued dividends. Underwritten by Putnam & Co.; Chas. W. Scranton & Co.; Estabrook & Co.; The First Boston Corp.; Morgan Stanley & Co.; Blyth & Co., Inc.; Drexel & Co.; Goldman, Sachs & Co.; Harriman, Ripley & Co.; Kidder, Peabody & Co.; Smith, Barney & Co.; Stone & Webster Securities Corp.; Union Securities Corp.; White, Weld & Co.; Coffin & Burr, Inc.; Cooley & Co.; Lee Higginson. Corp.; Paine, preferred Meeds; Pflueger 6c Baerwald; shares of 4.65% cumulative preferred stock (par $100). Purpose, to repay bank loans and for new construction. Price, at par. Placed privately with New York Life Insurance Co. and cumulative & Mullaney, Wells & Co.; Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest Co.; Paine, Webber, Jackson & Curtis; Peters, Writer & Christensen, Inc.; & H. M. Payson & 10.000 BP,sell Leonard S." Moseley & Co.; Townsend, 10,000,000 Connecticut v- F. Webber, Jackson & Curtis; Dabney & Tyson. Paine, Co.; *1,000,000 Central \J David Co., & Williams; Lazard Freres & Co.; Lee Higginson John C. Legg & Co.; Lehman Brothers; William Leib & Co.; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Irving Lundborg & Co.; Laurence M. Marks & Co.; Mason Brothers; Mason-Hagan, Inc.; A. E. Masten & Co.; J. Earle May & Co.; McAndrew & Co.; Inc.; Mc~' Cormick 6c Co.; McDonald & Co.; Merrill Lynch, Pierce, Fenner & Beane; Merril, Turben & Co.; Revel Miller & blower & Beane; & Corp.; & Co., Inc.; The First Boston Corp.; Coffin & Inc.; A. C. Allyn and Co., Inc.; Bartlett & Clark Columbia Investment Co.; Estabrook & Co.; Charles Gilman & Co.; Goldman, Sachs & Co.; Ira Haupt & Fenner Price, Miller, Laird, Burr, Securities preferred Levy Ripley Co.; Electric Inc.; Johnston, Lemon & Co.; Jones, CosJones, Kreeger 6c Hewitt; Joseph, Mellen Kaiser & Co.; Kalman & Co., Inc.; A. M. Kidder & Co.; Kidder, Peabody & Co.; KirkpatrickPettis Co.; Frank Knowlton & Co.; Kuhn, Loeb & Co.; Co.; & & first &c Miller; Inc.; grove 8c 5,042,300 Central Maine Power Co. 50,423 shares of 4.6% cumulative preferred stock (par $100). Purpose, to reduce bank ^ loans. Price, at par (flat). Offered by company for subscription by preferred and common stockholders. Un¬ subscribed shares (24,556). Underwritten by Harriman Co.; Gas construction. Space Underwritten by Laird, Bissell & H. new Issues 1.30% Co. 1,000,000 shares of 4.50% stock (par $25). Purpose, for $25.75 per share and accrued dividends. Underwritten by Blyth & Co., Inc.; A. C. Allyn Co., Inc.; American Securities Corp.; Bache 6c Co.; Bacon, Whipple & Co.; Baikie & Alcantara; Bailey 6c Co.; Robert W. Baird 6c Co., Inc.; Baker, Watts & Co.; Baker, Weeks & Co.; Ball, Burge & Kraus; J. Barth & Co.; Bateman, Eichler & Co.; Bear, Stearns Sc Co.; A. G. Becker & Co. Inc.; Bingham, Walter & Hurry, Inc.; Blair, Rollins & Co. Inc.; William Blair & Co.; Blunt Ellis & Simmons; Boettcher and Co.; Bosworth, Sullivan 6c Co., Inc.; J. C. Bradford & Co.; Alex. Brown & Sons; Brush, Slocumb & Co. Inc.; H. M. Byllesby 6c Co. (Inc.); Central Republic Co. (Inc.); Chace, Whiteside, West & Winslow, Inc.; Clark, Dodge 6c Co.; E. W. Clark 6c Co.; Richard W. Clarke Corp.; Coffin & Burr, Inc.; Cohu & Co.; Julien Collins & Co.; Conrad, Bruce & Co.; Cooley 6c Co.; Courts & Co.; Crowell, Weedon & Co.; Curtiss, House & Co.; J. M. Dain & Co.; Davdison 6c Co.; Davis; Skaggs & Co.; R. L. Day & Co.; DeHaven & Townsend, Crouter & Bodine; Dempsey-Tegeler 6c Co.; Denault 6c Co.; Dick & Merle-Smith; R. S. Dickson & Co., Inc.; Dillon, Read 8c Co. Inc.; Dominick & Dominick; Drexel & Co.; Calvin E. Duncan & Co.; Francis I. duPont 6c Co.; Eastland, Douglass & Co., Inc.; Eastman, Dillon & Co.; Elworthy & Co.; Equitable Securities Corp.; Estabrook & Co.; Cle¬ ment A. Evans & Co., Inc.; Fahey, Clark & Co.; Fairman &c Co.; Farwell, Chapman & Co.; Fewel & Co.; Field, Richards & Co.; The First Boston Corp.; First California Co.; The First Cleveland Corp.; First of Michigan Corp.; First Southwest Foster & Marshall; Maxfield H. Co.; Friedman; Fulton, Reid & Co.; Glore, Forgan 6c Co.; Goldman, Sachs & Co.; Granbery, Marache & Co.; Wesley Hall & Co.; Hallgarten & Co.; Hallowell, Sulzberger & Co.; Hannal'ord & Talbot; Harriman Ripiey & Co., Inc.; Hayden, Miller & Co.; Hayden, Stone 6c Co.; Hemphill, Noyes & Co.; Henry Herrman & Co.; Hill Richards & Co.; J. J. B. Hilliard & Son; Hirsch & Co.; J. A. Hogle &c Co.; Holmes & Sandman; Holt & Collins; Hooker & Fay; E. S. Hope & Co. Inc.; Hornblower & Weeks," Howard, Weil, Labouisse, Frledrichs & Co.; E. F. Hutton & Co.; W. E. Hutton & Co.; The Illinois Co.; Johnson, Lane, Pacific redeemable \/ Purpose, *1,000,000 Ketchikan Offered & Ira and dated clusive. first mortgage interest. Kansas. Beane; Marks Marshall. & National Life accrued Abilene, and to repay bank loans ($824,860). Price, at (flat). Underwritten by Merrill Lynch, Pierce, Fenner Kidder, Peabody & Co.; Hayden, Stone & Co.; Hornblower & Weeks; Lee Higginson Corp.; murence M Thomas Mioh.) of Co. 175,140) Kennedy 3 '/2 %, 3%%, first mortgage sinking fund bonds due Feb. 1, 1964. Purpose, for new con¬ Church and telephone bonds. improvements. and Foster 3%% (Alaska) additions BUILDINGS, ETC. Baptist Banks 1954 1, Co.; individuals. Inc.; Co.; & Co. 10-year notes due Sept. 30, 1964. Purpose, Price, at par. Offered by company to stockholders and employees. Underwritten Co.; The First Trust Co. 01 Lincoln, Cole & Co.; Estes Rauscher, Pierce & Co., and United Trust 6c E. Wood & Co.; Beecroft, par Institutional investors. Co.; Ginther, Johnston & Co., and F. Brittain improvements. 85,090 shares of 2,000,000 Maine Public Service Co. 40,000 shares of 4.75% cumula¬ tive preferred stock (par $50). Purpose, refunding ($1,- States Possessions United *$625,000 Anchorage -» •3250 000 Lake Placid Co. & /Trust . cap¬ & S55.437.500 LAND. with de¬ five-year working for & Purpose, Gas Co., Inc. Purpose, for new construction. Offered by company for subscrip¬ 13,885,200 Northern Natural Gas Co. 365,400 shares of common stock (par $10). Purpose, for new construction, rrice, $38 per share. Offered by company for subscripton by com¬ mon stockholders, without underwriting, oversubscribed. Placed debentures due Price, 99.625% Price, share. per Cruttenden by April 1, 1955. refunding ($44,610,000) and "new money" ($30,690,000). Price, at par. Offered by Macdonald G. Newcomb, New York, fiscal agent. Moore, Leonard Co.; Singer, Deane & Scrib- Pipe Line 1969. ' 2%% Purpose, Credit Intermediate Co.; 1, June Under¬ unit. $23 Neb.; Harold Purpose, May 1. for new construction. privately through Carl M. Loeb, Rhoades & Co. due $1,000 working Purpose, tion by common a for $10). (par Price, sinking fund debentures Corp. 1959. 15, privately Placed debentures & Co.; Piper, Jaffray & Hopwood; Prescott, Co., Inc.; Reinholdt & Garner, and Schwa- *3,187,500 Wyoming-Nebraska of Years) Acceptance Motors due $75,300,000 Federal Co. bacher & Purpose, Loan and Government Agency Farm Richard W. Clarke Corp.; J. M. Dain <fe, C,o.; Clement Evans & Co., Inc.; Farwell, Chapman & Co.; New- hard, K. S. Company. 1, bentures ner; A. Kay, Richards.& Co.; Co.; Yarnaif, Biddle & MISCELLANEOUS Irving Lundborg & Co.; Meeds; & Lynch; units through Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner & Beane; Carl M. Loeb Rhoades & Co.; The First Boston Corp.; Halsey, Stuart & Co. Inc.; Blyth & Co., Inc.; Eastman, Dillon & Co.; Harriman, Ripley & Co., Inc.; Lazard Freres & Co.; Lehman Brothers; Union Securities Corp.; White, Weld & Co.; A. G. Becker & Co., Inc.; Hemphill, Noyes & Co.; Hornblower Sc Weeks; W. C. Langley & Co.; Lee Higginson Corp.; Laurence M. Marks & Co.; Paine, Web¬ ber, Jackson 6c Curtis; Salomon Bros. & Hutzler; Dean Witter & Co.; F. S. Mosley & Co.; American Securities Corp.; Clark, Dodge & Co.; W. E. Hutton & Co.; Shields & Co.; Baker, Weeks & Co.; Blair, Rollins & Co., Inc.; Dominick & Dominick; Hallgarten & Co.; R. W. Pressprich & Co.; Reynolds & Co.; G. H. Walker 6c Co.; R. S. Dickson & Co., Inc.; Folger, Nolan-W. B. HIbbs & Co., Inc.; Granbery, Marache & Co.; L. F. Rothschild & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Stifel, Nicolaus & Co., Inc.; E. W. Clark Sc Co.; Harrison & Co.; Laird, & and 1,957,070 Kansas-Nebraska Natural common stock (par $5). Purpose, and Including Five Co. Bissell in Short-Term Bonds and Notes (Issues Maturing Up to due June Placed t 6c Patton & Co.; McKelvy 6c Co.; Cunningham & Co., Inc. Over¬ McJunkin, Co., construction. South •2,500,000 Frontier Refining Co. 4% first mortgage bonds 1, 1969. Purpose, for general corporate purposes. privately through Carl M. Loeb, Rhoades & Co. * Thomas $37,250,000 bonds ' >■'; *3,000,000 Honolulu Panhandle Eastern Pipe Line Co. 3 Vb % June 1, 1974. Purpose, for expansion. and accrued interest. Underwritten by & Anderson; 6c Co.; 100,000 shares of 5.3% preferred to repay bank loans and for at par. Placed privately with New York Life Insurance Co.; Manufacturers Life Insur¬ ance Co.; Mutual Life Insurance Co., of New York; J. P. Morgan 6c Co., Incorporated, as trustee for Canada Life Insurance Co.; Crown Life Insurance Co., and Lincoln National Life Insurance Co. through Kidder, Peabody & through Eastman, Dillon & Co. Fuel Oil Corp. 3Vz% sinking fund debentures due June 1, 1974. Purpose, to repay bank loans. Placed Placed privately with John Hancock Mutual Life In¬ Refining Co. promissory notes due to for general corporate purposes. with a group of institutional investors Sachs & Co. Ellis & Applegate & Humphrey, Inc.; Jenks, Kirkland Grubbs; stock 1969. Purpose, for capital expenditures. privately with the New York Life Insurance Co. June due *311,000,000 Arkansas 35 000.000 of *600,000 Suburban Propane Gas Co. 4V2% by OIL $1) stock. and equipment corporate purposes. Co. Inc. Purpose, & ♦1,000,000 Hawaiian, Telephone Co. Fuller Baer & 1, 1970. Sept. torium bonds. Goldman, & Inc.; E. W. Clark & Co.; Moore, Singer, Deane 6c Scribner; Arthurs, Butcher 8c Sherrerd; Chaplin & Co.; Townsenu, Crouter & Bodine; Pauset, Steele Green, Bioren Placed Co. Co. 4% promissory notes due to refunding ($2,182,500) and for working capital ($2,517,500). Placed privately through Goldman, Sachs & Co. *4,700,000 Stix, sinking fund bonds placed. 1966 Hutzler; Co.; Masten Hulme, Co.; Insurance capital and expansion. Price, $1,112.50 per written by G. H. Walker & Co. ; S98.128.000 privately E. subordinated 1965, and 2,025 15, May (par shares 15 rill, Turben & Co. surance Life Mutual due stock common debenture .'"■V. debentures fund sinking Price, 99.625% and accrued interest. Under¬ Blyth & Co., Inc.; Kidder, Peabody & Co.; Smith, Barney & Co.; Stroud & Co., Inc.; Hayden, Miller & Co.; McDonald & Company; Prescott, Shepard & Co., Inc.; Curtiss, House & Co.; Fulton, Reid 6c Co., and Mer¬ *3.750,000 El Dorado Co.; promissory note 4^4% Inc. Paper Co. 4% sinking fund mortgage bonds Purpose, for geenral corporate purposes. Placed through Blyth & Co., Inc. 1965. privately by *1000,000 Ultrasonic Corp. 6% income Oct. 1, 1963. Purpose, for Co., for general corporate purposes. Purpose, *2,815,000 Publishers' pansion written 6c A. 1, privately with Massachusetts through Blyth & Co., Inc. Underwritten 5,000,000 Reliance Electric & Engineering Co. 3%% debentures June 1, 1974. Purpose, to repay bank loans and for 6c cumulative Lynch; & DeHaven Purpose, Merchandise York due *$100,000,000 General *1528,000 Penn Dairies, Inc. 4Ya% first mortgage due May 1, 1969. Purpose, for general and Company, & & Lestrange F. Purpose, Price, 100% and accrued by P. W. Brooks & Co., Inc. Placed June F. S. Moseley & Co.; Reynolds & Rothschild & Co.; Shields & Co.; Dreyfus & W. York & Co. Inc.; Goodbody & Co.; Sills, Fairman & Harris, Inc.; Battles & Co., Inc.; Ira Haupt & Co.; Charles Plohn & Co.; Straus, Blosser & McDowell; Willis, Kenny & Ayres, Inc.; Chace, Whiteside, West & Winslow, Inc.; Clayton Securities Corp.; Draper, Sears & Co., and Sides, Morse & Co. Inc. notes due Oct. 1, 1969. capital. Bros. Stroud Leonard Warren (with capital stock purchase for equipment and working A, warrants due stock). L. Co.; Inc. purposes. Placed privately Mutual Life Insurance Co. Carrier System, Inc. due June 1, 1969 250,000 Lynch for general corporate the Northwestern with notes due June 1, and Salomon Co.; Jackson & Curtis; ber, Co.; > *2500,000 Hoffman Radio Corp. 4%% promissory 1969. Purposes, to repay bank Joans Co., bank loans Price, $51.25 per snare and by The First Boston Corp.; Stone 6c Webster Securities new construction. dividends. Offered for accrued 135,000 Simplified Farm Record Book Co. 11-year 6% .... Co. 3%%-4% promissory notes due 1957 and 1969. Purpose, for general corporate purposes. Placed privately with institutional investors through Blyth (E. 100% Co. 4% promissory notes due Oct. 1, Sold privately to four life Haloid Co. 3%% promissory notes due June 1, 1974. Pur¬ pose, to repay bank loans and for capital expenditures, and working capital. Placed privately with Massachusetts Mutual Life Insurance Co. through The First Boston Corp. *1,300,000 Hanserman & Corp.; Hallgarten 6c Co.; W. C. nangley <» Co.; fcuneids 6c f Acceptance common Co., for expansion. companies. Purpose, and - Corp. 5%% convertible capital de¬ 1984 (with warrants to purchase for working capital, etc. Price, and accrued interest. Underwritten by Paine, Web¬ 4,000,000 General bentures Inc.; Mason-Hagan, Inc.; McKelvy & Co.; Mead, Miller & Co.; Quail & Co.; WoodardElwood & Co., and W. C. Gibson & Co. Oversubscribed. & Evans A. ■' ,■ new convertible sinking fund sub¬ ordinated debentures due June 1, 1969. Purpose, refund¬ ing ($1,815,084) and to repay bank loans and for work¬ ing capital ($1,184,916). Price, 100% and accrued interest. Underwritten by McCormick Sc Co.; Dominick & Dominick; Hayden, Stone & Co.; Merrill, Turben & Co.; Cruttenden & Co.; Bell & Reckwith; Brooke & Co.; Dempsey-Tegeler & Co.; William R. Staats & Co.; Ames, Emerich & Co., Inc.; Jenks, Kirkland & Grubbs; The Ohio Company; Stein Bros. & Boyce; Hill Richards & Co.; Mullaney, Wells & Co.; Piper, Jaffray & Hopwood; Prescott, Shepard & Co., Inc.; Saunders, Stiver & Co.; H. M. Byllesby and Co. Inc.; Clement preferred - / *4,500,000 Clayton Road Development Co. 22-year ,4 V2% sinking fund bonds. Purpose, for payment of tenipoary construction loans. Placed privately through Goldman, Sachs & Co. 5y2% Inc. Fibers, 3,000,000 Glass Light Co. 120,000 shares of 4.10% stock (par $50). Purpose, to repay *6,000,000 Duquesne for Raceway Association, Inc. 6% subordinated notes due June 1, 1964, and 20,000 shares of capital stock (par $1) in units of $50 of notes and five shares of stock. Purpose, to repay bank loans and for expansion and working capital. Price, $100 per unit. Underwritten by Laird Securities Co., Inc.; Laird, Bissell & Meeds; Stroud & Co., Inc.; Harrison & Co.; Schmidt, Poole, Roberts & Parke; Thayer, Baker & Co.; Hallowell, Sulz¬ berger & Co.; DeHaven & Townsend, Crouter & Bodine, and C. T. Williams & Co., Inc. Co. and Dean Witter & Weld & Co., Co.; G. L. Austin Oversubscribed. & Rybeck & Co. subscribed. Reynolds & Co.; Riter & Co.; Wm. C. Roney Rothschild & Co.; Salomon Bros. & Hutzler; Co.; ($1,738,000) 200,000 Brandy wine McCormick & Co.; Merrill Lynch, Pierce, Fenner & Beane; F. S. Moseley & Co.; The Ohio Company; Paine, Webber, Jackson 6c Curtis; Prescott, Shepard & Co., Inc.; Boyce; promissory note refunding Purpose, ' Co. ance H. Viering Light & Power Co. 590,290 shares of com¬ mon stock (no par—stated value $10.06XU per share). Purpose, for new construction. Price, #x4 per- mare. Offered by company for subscription by common stock¬ holders, without underwriting. , repayment of bank loans and for equipment ($1,062,000). Placed privately with New England Mutual Life Insur¬ Co.; & 1966. 1, June to Inc.; Hmcks Bros, dz co. Inc.; cooum Eddy Brothers &c Co.; T. L. Watson in Inc.; Wm. ;■ *2,800,000 Automatic Canteen Co. of America 4Va% for ($3,930,000). Price, 100% and accrued interest. Underwritten by Lehman Brothers;.Bache & Co.; Bacon, Whipple & Co.; Ball, Burge & Kraus; J. Barth & Co.; Bear, Stearns & Co.; A. G. Becker & Co. Inc.; Blair, Rollins & Co. Inc.; Blyth & Co., Inc.; J. C. Brad¬ ford & Co.; Eastman, Dillon & Co.; Emanuel, Deetjen & Co.; First of Michigan Corp.; Goldman, Sachs 6c Co.; Hallgarten & Co.; Hayden, Stone & Co.; Hemphill, Noyes' & Co.; Hickey & Co., Inc.; Hornblower & Weeks; E. F. Hutton & Co.; Kidder, Peabody 6c Co.; Lazard Freres & , & privately through. Dean Witter 8c Co. capital working Co. whapies, 8,264,060 Connecticut * sinking fund debentures due refunding Purpose, 1974. 1, 3%% Trailer Co. 20,000,000 Frnehanf working Metropolitan & Co.; Peabody & Co. *1,500,000 Armstrong (A. J.) Co., Inc. 4%% debentures, series D (subordinated), due serially July 1, 1950' to 1964, in¬ clusive. Purpose, for general corporate/purposes. Placed 4V«% promissory notes due June 1, refunding ($2,000,000) and t$3,000,000). Placed privately with Life Insurance Co. through Allen & Co, Purpose, 1969'. capital for Co.; Middlebrook, due and through P. Eberstadt 6c Co. Inc. *5,000,000 Fedders-Quigan Corp. Investment Co. of Dlinois 4% subordinated June 1, 1969. Purpose, to repay bank loans working capital. Placed privately through Kid¬ & bradley >*5,000,000 American der, of group a Spencer, Trask & Co.; Tucker, Anthony & Co.; G. H. Waixer & Co.; .nairu, Llssell 6c iweeaa; 'me R. F. Griggs Co.; Smith, Ramsey & Co. Inc.; Edward M. Museley , Co. % 4 Corp. Phonograph Clark, Dodge & Co.; Co.; *$10,000,000"American Investment Co. of Dlinois 3V2% senior notes due June 1, 1974. Purpose, to repay bank loans and for work¬ ing capital. Placed privately through Kidder, Peabody & Cook & Co. and Newhard, & Co., *7,500,000 Emerson Shields & Co.; Dean Witter & Equitable securities Corp.; S. Webber, Jackson & Curtis; MISCELLANEOUS *8,000,000 Emerson Electric 9 (1329) , stock, Co.; (Continued on page 10) * Represents issues placed privately. * Indicates issues sold competitively, t indicates special offering. 10 The Commercial and Financial Chronicle (1330) & & Co.; Smithers S. P. Starkweather & Levdecker Co.; & Stern & Co.; Pont (no V 4 . 575,000 Southern stock William yj Staats R. (par Purpose, tcf & & & Co., Inc.; & i Virginia. of > Walker Dean Armistead M. & Co., by per investors 223,860 & , Co., Co. Gas 22,386 shares $297,500 Amuranium five $1 retire Brothers, and J. & (par stock mon costs, & 300,000 (par etc. Co. Price, "as Colotah Uranium and (par Uranium five Co. "as 275,000 Purpose, Mesa share. per of Uranium "as stock Uranium, $1). (par cent). one Purpose, for velopment. expenses. Price, three fered by Havenor-Cayias, Inc. "as i__; shares cents share. per cents per •27,000,000 McLouth share. Steel preferred Corp. stock Placed gram. Offered $50). 000,000) and American 300,000 Mesa (par Uranium cent). one Price, 15 Corp. cents per shares of Purpose, with Metal Purpose, share. Corp. shares for and of (par & Co. "as de¬ Offered and by Walter (25,- etc. "as by 603,505 Procter (no lative Cyanamid SandrQp Co. "as a convertible Purpose, for (flat) to ; Offered preferred expansion and and shares stock, of series working $104.75 3%% C (par capital. per . . at $67.37 V2 ended 300,000 share $100). to par public. company for subscription by common stock¬ holders. Unsubscribed shares (11,991). Underwritten by White, Weld & Co.; Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.; Baker, Watts & Co.; Baker, Weeks & Co.; Ball.Burge & Kraus; J. Barth & Co.; Bateman Eichler & Co ; A. G. Becker & Co., Inc.; Blair, Rollins'& Co. & Co.; Blune Ellis & A. Stone; June shares 1954 Price, stock and 300,000 Green share. per 38,475 Southern stock $15 & & shares Co.; Sirmrions; $10). share. stockholders 9,280 and Noyes Loeb & without Blyth $1 of by Witter stock Co. shares during $1). * (O. capital, etc. institutional and A.) • Price, investor Shillinglaw, 12 2,400,000 Sutton 300,000 shares shares of East at 15,000 $100). of commdn par. - through & A.) Corp., Inc. by' - Offered by company to sold. All of • 5% (par $10) cumulative and 50,000 and shares Co, 3,000,000 .shares 10 for cents of com¬ exploration share. per Corp., Inc. of the trust certificates and Offered Republic 99,966 for shares drilling by'. J. . of of Petro Inc. 150.000 Purpose, to by Oil etc. & Price, Co. shares pay "as trust stock common Price, 40 cents per subscription by public, for the of - Republic certificates to public "as Oversubscribed. 100.000 for shares drilling to of for a 250,000 shares of exploration share. per speculation," without stock Price, par. Nevada of Panama of common expenses. residents (par speculation." company Co. a "V „• liabilities. a Inc., of $3 "as . . company Co., voting company stock common expenses, Williston R. , underwriting. at only, (par $1). Offered without by under¬ writing. 300,000 Sunburst Madison Oil cents). 10 ment Co. and Co. 300,000 shares of Purpose, expenses." Klein Price. for $1 Lawrence & stock common exploration and develop¬ share. Offered by R. V. per Murray Co., Ihc. "as a specu¬ lation." 1,125,000 Wyton (par per Oil efforts" Gas & $1). Corp. 1,000,000 shares of stock common Purpose, for drilling expenses. Price, $1.12% Offered by National Securities Corp. on a "best share. basis. $6,097,398 LAN.D, $375,173 Grant $1). Building, 249,000 Shawano stock capital, 6% Development $1). (par Price, Corp. INVESTMENT $17,283,056 General stock "as shares of 83,000 for shares developmeht share. per Offered by (par Offered class* A of common and working McGrath Se¬ speculation." a by TRADING, Utilities $5). $28.50 scription stock TRUSTS, Public (par Price, Corp. Purpose, common HOLDINGS, ETC. 606,423 for share. per Lynch, agent. shares investments Offered in of common subsidiaries. by company for sub¬ without underwriting. stockholders, Merrill etc. Oversubscribed. Pierce, Fenner & Beane acted as clearing ^ 32,000,000 Scudder Fund stock cumula¬ (par share. & common of $1). Canada, Co., Inc.; Bache & Stearns & Ltd. Purpose,, for Underwritten Eurge inc. Kraus; & The & and investmet. Co.; Bacon, Bankers Co.;, A. Bond G. Simmons/ Bosworth, Represents capital $32" per Ames, Emerich Whipple & Co.) Co.;.J. Barth & Co. Sullivan & Co., Ball, & Inc.; Inc.; Co.; Blunt J. C. & Co.; Brush. Slocumb & Co. Inc.; Burnham Chace, Whiteside, West & Winslow, Inc.; Curtiss, & Co.; Doolittle & Co.; Francis I. duPont & Co.; issues placed t Indicates issues sold t Indicates of "Price, Becker Co.; House * 1,000.000 shares by Lehman Brothers; Bradford stock (par $1). Purpose, refunding ($975,252) and l'or working capital ($1,424,748). Price, $12 per share. Un¬ derwritten by F. Eberstart & Co., Inc.; Shillinglaw, B61ger & Co.; Ames^ Emerich & Co., Inc.; Amott, Baker J& Co., Inc.: Auchincloss, Parker & Redpath; Bailey & Cp.; Baker. Simonds & C6.; The Bankers Bond Co., Inc.; stock common / Securities Co., of $624,173 Bear, & Corp. Purpose, $3 common for working privately with an Eberstadt ETC. 22,06& shares Purpose, capital. , of BUILDINGS. Inc. refunding. Price. $17 per, share. by company for subscription by common and common stockholders, without underwriting. » 200,000 for Oversubcribed. Corp. underwriting, Offered by Ellis (O. stock and : stock (par one cent). Purpose/for development program. Price, $2.12J/2 and Purpose, Placed F. Co. ■ capital loans Underwritten common capital. common Coast shares bank share. Purpose, - Offered American buyers. by Gas Oil, 531,250 Pan-Israel : for/working Offered Bolger • stock Offered cents). without curities Purpose, (par - shares of repay Price, voting speculation." share. war¬ for with Corp., Inc. stock sh&res to increase Offered by : shares cent). one Purpose, 60,000 Overland year optioh . preferred / parr Uranium & Petroleum & share. % ■ Inc. Purpose, share. purposes. 1,000 * 2.565 to stock underwriting. per by A. J. Grayson. Co. Oil Oil stock common and company of & working capital. Price, by company for subscription by underwriting. ! share. per by Lynch; Smith, corporate share exercise Purpose, Sterling Industries, (par five cents). per 900,000 5,000 expenses. common /(par Co.; & Co. Purpose, American Purpose, (4,278) under¬ Gas (par of 299,898 Nortex • 300,000 A and for 250,000 (par one cent). Purpose, for exploration and development program. Price, $2.12 J/2 per share. Offered by company to public, "as a speculation," stodk common Kuhn, shares per Issued privately $2 Price, $3 per Oversubscribed. River shares Cel.; & Offered Placed class Offered 380,000 Corp. cent). one Price, ets. Co., Panama . 10 *3,607,500 Sprague Electric Co. 48,100 shares of common stock (par $2.50). ' Purpose, for working capital. Price, $75 pter share. - • & 531,250 Mediterranean ' and Dean general Offered without of share. by Rocky Mountain Securities. (par per Oil development j employees of Leonard Co., for Chemical States (par per Chemical & (par etc. cent). stock mon and1 Cooper; Davis, Co.; Hooker & Fay; Marshall. Oversub¬ & . $1 shares retire RFC loan per (par 10 cents) in units of one preferred 10 common shares. Purpose, for expansion and workcapital. Price $10 per unit. Offered by company to public, without underwriting. " ; New $14 Development Corp. 300,000 shares of (par one cent). Purpose, for working Price, stock Brothers. & (par & upon $2.50 ing 100,000 $64.75 share. per 30, con¬ and ' stock commott etc. Mosle Foster Moore, Co. at cumulative of common stock M. , Product tive cumu¬ Price by Inc.; William Blair Co.; Dominick, Unsubscribed shares Purpose, 8,280 *1,500,000 Sutton i\NDBJANUFACTURING stockholders !/•', ' spec¬ . Co^l>80^6 & Hemphill, 59,000 Wertheim Gamble & par). Price, & 6% y > Sulphur pirfcicinating referred Co.; & Blyth & Co.; A.' G, Becker & Co.; Central (Inc.); Dominick & Dominick; The First Co.; & Pricer, Corp. INDUSTRIAL & , Co.; Hallgarten : Purpose, Price, tion, etc. expenses. Price, at public, without, underwriting. Co. Roland Barney a $30,194,000. OTHER to $1). 50,000 Diamond Asphalt Co. speculation." a - $58,023,500 American <■ Rollins & Co. Inc. Corp.; .Model, stock 300,000 Utida Uranium Co., Inc. 3,000,000 shares of common stock (par one cent). Purpose, for exploration costs etc. Price, 10 cents per share. Offered by I. J. Schenip Co. "as a speculation." v. • ) loans working capital. Price, $5 per r by" company for subscription by stock- . employees. Oversubscribed. Underwritten stockholders. written ($2,000,000). costs, of officers Rotan, Mills, Inc. Purpose, for Republic Price, three certts ulation.'< Ryons Miller capital, to and of $2)., Purpose, for working Offered by Graham & Co. California-Utah Petroleum & Uranium Co. 1,000,000 shares of common stock (par 10 cents). Purpose, for explora- Cup Corp. 88,000 shares of common stock (no par). Purpose, for expansion and working capital. Price, $65 per share. Offered by company for subscription by pro¬ Mountain Uranium Co, 3,500,000 shares of com¬ stock (par 2% cents)'. Purpose, for drilling ex¬ penses, expansion and working capital. Offered 100,000 5,720,000 Lily-Tulip mon share. bank of ' Boston Corp. Inc.; Co., shares (par par. capital, one Allen j . sharer* reduce Lester, shares working Head $1). by Blair, stock 105,000 Temple per • 60,000 Dominick Dempsey-Tegeler & holders - Price, common Co., Co.; share. cumulative exploration & & common Offered by Tellier & Co. Pekar to Hayden, rants. William J. stock common .. Co. Co.; by scribed. speculation." Co. of * & Co.; E. F. Hutton & Co.; Lester, Ryons Crowell, Weedon & Co.; Frahais I. du Pont & CO.; 295,000 Indian 299,500 San Juan Uranium Corp. 599,000 shares of common stock (par one cent). Purpose, for drilling expenses and work¬ ing capital. Price, 50 cents per share. Offered by MorAn & Tool & & stock (par Co. acquisitions, George Walston Durst, Co.; capital. common (par Richards Co.; Kalman Of- expansion Motors Products 2,000,000 514% for General shares underwriting. Co.; Inc.; Stix & McDowell; <fe & 100.000 at States $2,700,000 Associated Alstyne, Noel & Co.; Burnham and Co.; H. M. Byllesby Collins & Co.; Cruttenden & Coi; company Inc.; Harris, Boyce; $82,554,055 .j." & Schwabacher by Coombs & Co. 540,000 (par privately by without Skaggs speculation." 290,000 Jolly Jack Uranium Co. 1,160,000 shares of common (par 10 cents). Purpose, for mining expenses. 25 '■ Hill common and for Sold & Vickers ? Hemphill, Staats Brothers exploration a • to , Purpose, working of ; „ Inc., 7,800 Inc. Price, working D. B. Bo^nbright & CP., & Kraus, Cleveland, Ohid; Marshall, Seattle, Wash. ' & Mason, & & , White Y.; Ball, Burge Society, others, & of for Bros. to v/ $5 1,901,250 Hoffman Radio Corp. 130,000 shares of common stock (par 50 cents). Purpose, for working capital. Price, $14.62V2 pdr share. Underwritten by Blyth & Co., Inc.; William R. Offered j 10,0p0,000 of . Purpose, Underwritten N. Horner & Fairman Stein 120,000 Co.; Purpose, Inc.,- and Arthurs, Lestrange & Co. agent as share. for —. Inc. share. per 109,200 Grolier Co. speculation." a shares through underwriting. Staats <fc White preferred ' 760,000 United Baird Scribner;- Van & Co.; Co. and-Foster 1,100,000 shares of common (par 10 cents). Purpose, for development expenses. Price, 25 cents per share, offered by Greenfield & Co., Inc. & Sills, Co.; stock 190,625 Grolier Society, Inc. 12,500 shares of common stock (par $1).- Purpose, for general corporate purposes. Price, $15.2^5 stock 300,000 Interstate R. Deane Scott, share. for working capital. Rochester, stock and Vickers by 5,000 stock.. privately Machine $2). Blosser Wagenseller common working capital'. Price, $18.50 for subscription by com¬ without (par William York, common claims v by company Lewis Co.; & Ind.; Rodman & Saunders, Stiver & Co.; Co.; Co., 95.000 shares of capital stock (par Purpose, for working capital. Price, $13.25 per , Underwritten by Hill Richards & Co.; William R. Staats & Co.; Paine, Webber, Jackson & Curtis; DempseyTegeler & Co.; Revel Miller & Co.; Wagenseller & Durst, Inc.; Kenneth Ellis & Co., and Bateman, Eichler & Co. $1), ■: Kidder & Co.; Loewi & Co.; Scott, Horner & Mason, Inci; Sills, Fairman & Harris, Inc.; Straus, Blosser & McDowell; acquire Offered Co. 7,500 for & & Co.; & Co., Inc.; Inc.r Reinholdt & Co., OIL (Inc.); Julien Granbery, Marache & Co.; speculation." a Grand cents Inc. Shepard & 300,000 Twentieth Century Foods Corp. & S. 1,258,750 Telecomputing Corp. (4.432) Estabrook Prescott, Pierce & Noble Hudson vertible Becker Co.; and 187,000 Durham Explorations Ltd. 550.000 shares of common stock (par $1). Purpose, for exploration and drilling expenses. 34 Co.; preferred Placed Offered Stroud & Co., exploratory work. Price; 10 cents per-share. by Forbes & Co. "as a speculation." Price, & Hammill Straus, capital. subscription W. Schaefer 200,000 Taylorcraft, Price, .shares C. Inc.; Robinson-Humhprey Hague, Co.; Co.; : Robert Co., Inc.; Co.; Vietor, Common, Dann Inc.; Watling, Lerchen & White, Weld & Co.; Willis, Kenny & Ayres, Inc.; Winslow, Douglas & McEvoy; Harold E. Wood & Co.; H. P. Wood & Co.; Wyatt, Neal & Wag¬ goner; Wylie and Thornhill, and Zuckerman, Smith & Co. Oversubscribed. & by G. & Oversubscribed. shares to for company Leather & fund Associates, Baker, Simonds Inc. 2,400,000 Shoe stock Singer, * , Purpose, Co.; , stock "(no capital. W. Smith, Price, $24.75 per share,, Under¬ Hornblower & Weeks; A. C. Allyn & Co., Inc.; & Co. Inc.; Central Republic Co. (Inc.)|;. Paine, Webber, Jackson & Curtis; Reynolds & Co.; Shields A. 2,000,000" shares of com¬ one cent). Purpose, for exploration 15 cents per share. Offered by Tellier cents). working Co.; Rauscher, The Shearson, Co.; ; & for written 3,000,000 shares of common stock (par one cent). Purpose, for equipment and work¬ ing capital. Price, 10 cents per share. Offered by J. W. Hicks & Co., Inc. 240,000 Crown Herbert Co.; stockholders, common Mining Corp. Co., & & . common Unsubscribed Bradford loans. $1). mon (par speculation." a by Co. share. per ETC. Cd. Boucher & B. Uranium C. sinking 138,750 Electronic share. 300,000 Cherokee J. bank Noyes Corp. 297,500 shares of common stock (par Purpose, for exploration costs, etc. Price, Offered by S. D. Fuller & Co.; Vermilye cents). per shares of by Goldman, Sachs & Co.; Reid cumulative . COAL, COPPER, STEEL, Offered .> - . , for expansion and 500,000 Commonwealth Purpose, for new construction. Price, $10 per share. by company for subscription by common stock¬ holders, without underwriting. IRON, , & & McDowell, DImond & Co.; Turben & Co.; Revel Miller & The Ohio'Co.; O'Neal, Webber, Jackson & Curtis; Pen- Rensehaw; Wm. C. Roney Co.;j and Dean Witter & Co. ner, Offered $121,621,678 r'/.,y,'V.. and Co.; Gardner; Co.;'. Indianapolis Bond <fc Share' Corp.] Piper, Jaffray & Hopwood; The Robinson-Humphrey Co.) Schmidt, Poole, Roberts & Parke; Singer, Deane & Scrib-; by commonf stock of ; Broome Co.; Co.,.Inc.; Paine, Colket Quail & ; Lerchen & Co.; Wertheim Woodard-Elwood & Co./'and! Co.; ''stockholders. Inc.; Fulton, through Kidder, Peabody & Co. Ohio West $5), ; Watling, & Co.- & shaj'e. common underwritten Upper Peninsula Power Co. 7,000 shares of 5% % cumulative preferred stock (par $100). Purpose, to repay bank loans and for new construction. Price, at par and ac¬ crued dividends. * Placed privately with thre'e institutional \! Co.; Witter Purpose, 1,485,000 Giddings •700,000 <fe & & & mgton. • Rotan,^ H. Co. R. Inc.; R. W. Pressprich & Co.; Putnam Co.; Rauscher, Pierce & Co. Inc.; Reln-i Gardner; Reynolds & Co.; Riter & Co.; & Co.; $29.50 Galleher and Branch, Cabell Underwritten ■ & Co., & Quail & par) Telephone residents are Co.; Yarnall, Biddle Co. 15,000 shares of common stock (par $20). .. Purpose, for construction program. Price, $23 per share to stockholders and $24 to public. Offered by company for subscription by common stockholder's who Mason-Hagan, Inc.; A. E. Co.; McDonald & Co.; Mer¬ Beane; Merrill, Turben & Mitchum, Tully & Co.; Moore. Alden & 2,922,500 Central Soya Co., Inc. 99,000 Offered Tidewater Co.; Fenner & Mead. Miller & Co.; Merrill, Co.; Norris & Hirshberg, <fe Cooper; Sage, Rutty & Co. Inc.; Salomon Bros.' Hutzler; Schneider, Bernet & Hickman;' Scott, Horner Mason, Inc.; "Chas. W. Scranton & Co.; ' Shearson, G. by company for subscription by common stockholders. Underwritten by Lester, Ryons & Co. and Smith, polian & Co. 345,000 & McCormick ties Corp.; Stroud & Co., Inc.; Spencer Trask Tucker, Anthony & Co.; Underwood, Neuhaus Union Securities Corp.; Vietor, Common, Dann Sim¬ Price, . Courtney-Breckenridge Hammlll <fc Co.; Shields & Co.; Shuman, Agnew & Co.; Sills, Fairman & Harris, Inc.; Singer, Dean & Scribner;! Smith, Barney & Co.; Smith, Moore & Co.;-F. S. Smithers & Co.; William R. Staats & Co.; Stern, Frank, Meyer & Fox; Stetson Securities Corp.; Stone & Webster Securi¬ ■ loans. bank repay Marks Pierce, Stockton & Co.; Francis I. duPont & Co.; A. G. Edwards & Sons; Ferris & Co.; Field & Co., Inc.; The First Cleveland Corp.; Franklin, Meyer & Barnett; S. D. Fuller & Co.; W. C. Gibson & Co.; Goodbody & Co.; Hallowell, Sulz¬ berger & Co.; Hancock, Blackstock & Co.; Hayden,' Miller & Co.; Hayden, Stone & Co.) Howard. Weil, Labouisse, - Lazard Mosle & shares of common stock 13,135 Co. Utah- Power $10). share. per Langley & Co.; Co.; Friedrichs & Co.; w. E. Hutton & Co.; Johnson Lane. Space and Co., Inc.; Jones. Kreeger & Hewitt; Kalman & Co., Inc.; Kerr & Bell; A. M. Kidder & Co.; Leason & Co., Inc.; Manley, Bennett & Co.; A. E. Masteri & Co.; Mc- & Co.; holdt . Southern C. & & mzfr ' - Lynch; Morgan Stanley & Co.; F. S.Moseleyf Co.; Mullaney. Wells & Co.; Newhard, Cook & Co.;, The Ohio Co.s Pacific Northwest Co.; Paine, Webber,! Jackson & Curtis; Piper, Jaffray & Hopwood; .Prescott,. & subscribed. 170,755 , Corp.; Lehman Brothers^ M. Loeb, Rhoades & Co.;, Oarl Milwaukee Leonard W. Bradford Co.; H. M. Byllesby & Co. (Inc.); Carolina Securities Corp.; C. F. Cassell & Co., Inc.; Central Re¬ public Co. (Inc.); Childs, Jeffries & Thorndike, Inc.; Richard W. Clarke Corp.; Clayton Securities Corp.; Coburn <fe Middlebrook, Inc.; Cohu & Co.; Julien Collins & Co ; Courts & Co.; Dewar. Robertson & Pancoast; Ditt- H'gginson Co.; & Co.; The Shepard Co. 50,000 shares of common for new construction. Price, Underwitten by Hornblower & Weeks; & Co., and First California Co. Over¬ share. Lee M. & Lynch, Co.; Purpose, $5). per Co.; C. Brown & Power Nevada (par $11.50 Beadlipg Jfc Co.; Bell & Hough; Blair, Rollins Co.; & Eastman, Ryons Masten dividends. Underwritten by Blyth & Co., Inc.; Eastman, Dillon & Co.; The First Boston Corp.; Glore, Forgan & Co.; Goldman, Sachs & Co.', Harriman Ripley & Co., Inc.; Kidder, Peabody <fc Co% Lehman Brothers; Merrill Lynch, Pierce. Fenner & Beane, Smith, Barney & Co.; Stone & Webster Securities Corp.. Union Securities Corp.; White, Weld & Co.; Dean Witter & Co.; A. G. Becker & Co. Inc.; Hemphill, Noyes & Co.; a. C. Allyn & Co., Inc.; Central Republic Co. (Inc.); W. C. Langley & Co.; F. S. Moseley & Co./ Salomon Bros. & Hutzler; Spencer Trask & Co.; Wood, Struthers & Co.; Tucker, Anthony & Co.; G. H. Walker & Co.; Bacon, Whipple & Co.; Blunt Ellis & Simmons; The Milwaukee Co.; Stroud & Co., Inc.; City Securities Corp.; Collett & Co., Inc.; Elworthy & Co.; Farwell, Chapman & Co.; J. J. B. Hilliard <fc Son; Indianapolis Bond and Share Corp.; A. M. Kidder & Co.; Kiser, Cohn & Shumaker, Inc.; McCormick & Co.; Newhard, Cook & Co.;- Raffensperger, Hughes & Co., Inc.; Schwabacher & Co.; F. S. Smithers & Co.; Sutro & Co.; Richard W. Clarke Corp.; H. Hentz & Co.; The Illinois Co.; Mackall & Coe; Irving Lundborg & Co., and Sweney Cartwright & Co. Oversubscribed. ^ „ & Laurence <fc Co. acted as dealer-managers. accrued and par Co.; Lester, rill at Price, Collins J. Burr, & Elworthy Freres & Drexel & Co.; Laird, Bissell & Meeds; sold. Morgan Stanley Julien W. Co.;: E. & Anderson; Hallgarten & Co.; Hallowell, Sulzbeger Co.; Harriman Ripley & Co., Inc.; Hayden, Miller & Co.; Hemphill, Noyes & Co.; Henry Herrman <fc Co.; Hornblower & Weeks; Howard, Weil, Labouisse, Friedrichs & Co.; W. E. Hutton & Co.; The Illinois Co.; Johnson. Lane,; Space and Co.. Inc.; Johnston, Lemon & Co.; Kidder,, Peabody & Co.; Kirkpatrick-Pettjs Co.; Kuhn, Loeb & Public Service Co. of Indiana, Inc. 600,000 shares of 4.16% ^ cumulative preferred stock (par $25). Purpose, refunding. 15.000,000 . and All underwriting without stockholders, common Co. Inc.; Brown Alex. & Coffin & share. per Inc.; Dodge Ellis Purpose, par). $34 Co., Corp.; Dillon & Co.; F. Eberstadt & Co., & Co.; Equitable Secuhities Corp.; EstaFauset, Steele & CO.; The First Boston Corp.; Folger, Nolan-W. B. Hlbbs & Co., Inc.; Fulton, Reld & Co.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Green, Electric Co. 878.878 shares of common stock for construction progiam. Price, Offered by company for subscription by Philadelphia Co., & & Clark, Clarke W. brook & Co.; P. subscribed. v 29.881.852 Collings Inc.; Strauss S. Henry Sherrerd; Cruttenden & Co,; J. M. Dain & Co.; Dewar, & Pancoast; Dillon, Read & Co. Inc.; Dixon & Dominick & Dominiek; Drexel & Co.; Francis I du Co.; & Co.; Stroud &c Co., Inc.; Sutro & Swift & Co.; . Swiss American Corp Spencer Trask & Co.; Tucker, Anthony & Co.. Union Securities Corp.; Wagenseller & Durst, Inc., G. H. Walker, & Co.; Walston & Co.; Watling, Lerchen & & Co. Inc.; Wertheim & Co.; C. N. White &_Co., White Weld & Co.; Wilson, Johnson & Higgins, Dean Witter & Co.; Wood, Struthers & Co.: Woodard-Elwood & Co., Wulff, Hansen & Co., and Yarnall, Biddle & Co. Over¬ J. berg; C. C. & Richard Co.; Robertson Meyer & Fox; Stewart, Eubanks, Meyerson York; Stix • & Co.; Stone & Wehster Securities Corp.; Stone & YoungCo.; Bosworth. Sullivan Butcher Courts & Co.; BoycO; & Inc.; & Inc.; Stephenson. Stern, Frank. Bros. Brothers Steifi Co.; Son; Clark Co.; Smith. Moore «fc Co.;- William R. Staats & Co.; Barney & Smith, Scribner; & Co., &. (Continued from page 9) D6ane Monday, October 4, 1954 .., special pflvately. competitively, offering. VI Number 5365 Volume 180 A. Edwards G. Deetjen & W. Co.-, Inc.; Ira Haupt-& Co.; Co.; Hayden, Stone & Co.; Hemphill, Hentz & Co.; Hickey & Co., Inc.; J. & Mason-Hagan, Co.; Mullaney,' Wells fray A. ; Miller & holdt & Inc.; Co., Rodman & Co.; L. F Rothschild + 3,732 068 United » shares scribed per of & rf • _ and Taylor & Inc. " . . Co. Francis I. & Turben man & stock 30,000 McKelvy & Harris, Inc.; Smith, Co.; stock for stock r'!'' ^ •, - "!♦. f ■ ".r ,- "v'V All inc. Completed. 10 in preceding a column du Blauner v subMilton D. by .. Reed 800,000 Continental convertible f L'~." " t ... • " Underwriten & Alstyne, C - ( . '.common • at ; v : . . ■ .. par. . „ _ * . . ■ " .r , \ , ' ■ Indemnity & tive preferred capital, tive . • Underwritten & Co. Grande Investment Co. 1,150 shares of 6% cumula¬ participating preferred stock (par $100) and 1,150 of common stock (no par) in units of one share shares of each and E. 15,188 class loans. stock. of Price, ; Purpose, $100 unit. per for operating expenses Offered by William Conly, Jr. Simplified Farm Record Book Co. 2,025 (par $1). See under "Long-Term a preceding column of this articue. stock shares of common Bonds and Notes'; $4,549,072 $70,625 American-Marietta Co. 2,500 $21. Price, $28.25 per share. Financing „ shares of common stock (par Offered by Blyth & Co., Inc. . Completed. 96,000 Anheuser-Busch, Price, $32 Inc. per 3,000 shares of common stock (par share. Offered by Blyth & Co., Inc; Completed. ' Products, Inc. 30,000 shares of 30-cent non-cumulative and participating preferred stock (ppr $1). Price, at market (about $2.87V2 per share). Offered by Eisele & King, Libaire, Stout & Co. 86,250 Automatic ' . t „ 49* Steel 500 250 Chesapeake and 7 shares share. of common Offered - by stock (par Gardner F. shares 167,520 Co. of common Service Public Co. shares of 5,000 , by Corp.,„ Inc. . 200,000 common Offfered by Blyth Glore, shares . . ... , C stock (par Forgan & of common $12 per. share. Underwritten by; Inc.; Shillinglaw, Bolger & Co.; Ames, Price, & Middlebrook, Inc.; Courts & Co.; Dewar, Dittmar & Co.; Pancoast; Francis I. duPont Frist & Co., Cleveland Fuller & D. Co.; & Co.; Carl M. Loeb, Rhoades & Co. 45,000 Three stock & 124 000 • . States Natural $1). Price, (par Co., Inc. Gas Co. 6,000 shares of common $7.50 per share; Offered by Blyth Completed. ' „ 2,000 shares of 5.20% $23 per share (net). Sterling, Inc. 50,000 shares of common stock (par Offered by Paine, Webber, $5.75 per share. Jackson & Curtis. Completed. $2.50). 250 000 Price, Dairies, Inc. 6,000 shares of fund preferred stock (par $50). Offered by Smith, Barney & Co. Foremost sinking share. of 4'/2% cumulative Price, $46.50 per Calculating Machine Co. 10,000 shares of common stock (par $1). Price, $32 per share. Placed privately through Dean Witter & Co. Friden America 10,000 shares of common Price, $15.75 per share. Offered by Completed. of (par 50 cents). Co., Inc. stock Blyth ry. t Indicates < placed privately. issues sold competitively, special offering. $ $ '3,917,392 4,744,026 30,863,506 44,589,588 2,200,565 ops. 2,100,538 12,631,444 19,073,675 1,931,277 11,165,275 17,460,020 _i—_ income —V. 180, 1098. p. stock Blyth (no Co., ' Chrysler Corp.—Announces Model Change-Over— most intensive, retooling The . of this George model and change-over in W. before'the Mr. ..1 ^ Troost, 350 of4 who „ ; ,. •' v share the of the td Chrysler the of leaders that his told Corp., company's 1955' in November. public" late that Chrysler's share of the automotive market past year, Mr. Troost outlined many steps th?,t the In . will introduced be stating off fallen Comptroller financial East's would cars is also the of Although has history, taking now 4 some the place ill the company's plantv Troost, Vice-President, said on Sept. 27 in a speech 12Cth annu&l meeting and dinner'of the Boston Stock" is corporation Exchange. have take to market. to if recover, not exceed, its traditional ^ , "Chrysler Corporation-plans to baGk up its new cars with a trc-1 advertising campaign that will blanket the oountry throur/v' the use of newspaper ads and great new radio and television shows,-' Mr. Troost' said;-—\ •' • ' ■ .* • • mendous . ♦ . . , a broad program of modern physical plant. Since 1946, r;»> have of $500,000,000 on our plants ardi facilities,-exolusi-ve of new model--tooling and at the present tim'> we have several more modernization projects in process or on thD' boards for the future, requiring the investment of several hundred "In - manufacturing, of millions '» "These study and developing division the must to conditions." streamline of > ■ - accounting way.. own also has set - up a , separate division and another separate department dealers," Mr. Troost said. - new that av-> whereby et :h, profit-maki: j procedures of the company's divisionalization plans, corporation is accountable for its own its pay operations ■ are new told out of "Chrysler aid meet to Trcost -.* constantly being subjected to intensive re-examination to incorporate the latest develop ♦ plans and analysis Mr. our dollars. of forward ments and engaged in are we improving and expanding made capital investments izing, handle defer- > furnish financi. I "• to to ;■ - "Chrysler is looking for a good year in 1955 and the whole auto¬ motive industry is on the up-grade. Our economists tell us that 1955 we can again expect new passenger car sales to run betwe* i . gradual increase for a units. Beyond that, they tell the next ten years."—-V. 180; p. 5,500.000 and 5,000,000 us to exp'oV 907. Clary Multiplier Corp.—Registers With SEC— - This 1954, offered be to filed a registration statement with the SEC covering 250,000 shares of its $1 par common stock, public sale through an underwriting group head", I corporation 27, Sept. for by Blyth & Co., Inc. The public offering price and underwriting tern ; to be supplied by amendment. There are now outstanding 538,633* are shares of Net for current used loans from working for electronic the new issue will be applied approximately ft-J additional working capital; $340,000 to ret .'3 Bank of America, the proceeds of whi-A of $360,000 unsecured were stock. common proceeds follows: capital; for the development of a n4 to sell in the $10,000 price rang $200,000 digital computer expected t $200,000 for the development of other products, including guided miss:-o control mechanisms and business machines; and the balance for tooli> r;] and to equipment be or of in control missile mechanisms, aircraft hardware, and electron 31 handling equipment. The company is controlled its President, who, with his close relatives, own, t controlled on July 15, 1954, approximately 160,085 shares (29%) the outstanding stock.—V. 180, p. 1207. computing by reduce manufacturing costs. The company is said the manufacture and sale of business machim to engaged guided data and Hugh L. Clary, Clinchfield Coal Gas the Sept. on Kentucky-West the for Co., erties Corp.—New Contract— 28 approved the consummation of a contra ;4 Virginia Gas Co., a subsidiary of Equitab). j sale of gas developed by Clinchfield from its prop¬ Southwest Virginia over the past several years: directors The in Application for approval of the Federal Power Commission Wid immediately be made and upon securing such approval construct!: u will commence" on a pipeline connecting the Kentucky-West Virgir A the Clinchfield gas wells. Initial flow will be at tt ) 12,500,000 cubic feet per day and provision is made in thj for the delivery and purchase of additional quantities und: c with system of contract Clinchfield officials indicate that the sale of g? :i production rate will add approximately $1 per sha.J options. mutual initial the Clinchfield's annual Clinchfield August— Gross from Net from Net ry. Gross issues 1954—8 Mos.—1953 $ (after earnings.—V. 180, 1954 railway.w— railway oper. from Net from Net ry. Income... —V. 180, p. railway—. income.,. 907. 1207. - $1,740,247 755,284 754,317 4 1953 1952 1951 1 L,947,803 $2,047,968 821.722 757,069 $2,034,863 886,382 793,938 784,991 16,453,190 6,724,306 5,846,666 15,886,858 15 623,481 6,817.357 6 836,0Yit 6,072,968 6 443,034 845.2.' ' railway oper. p. RR.—Earnings— "■ From Jan. 1— $20,296,060 Represents 913,543 17,391,494 126,208,330 143,975,44\ 95,344,8^4 99,385,853 12,647,468 • t Indicates 1,019,347 2,023,835 ry. inc. taxes) oper. at Swasey Co. 3,000 shares of common stock par). Price, $16.25 per share. Offered ,by Blyth & Inc. Completed. 48,750 Warner & * *320 000 Corp. 157,500 Vitro 81 287 500- Firth expenses- from to ~ 3,009.473 1954—Month—1953 15,913,586 11,996,194 revenue Federal rate America 8,000 shares of common (par 50 cents). Price, $15.50 per share. Offered by & Co., Inc. Completed. /* Corp. Vitro 126,685 13,933,337 2,745,936 907. p. rev. with - 50,000 East Tennessee Natural Gas Co. preferred stock (par $251,- Price, Offered by White, Weld & Co. ( Co. Oversubscribed. Offered Corp. 1,156,914 operating Net $5). $1). (par .2,899,970 income—. Ry. Oversubscribed, Instruments, Inc. 16,000 shares of common stock Price, at market (around $10.50 per share). by Schneider, Bernet & Hickman. 168,000 Texas . 180, line 1,725,000 Tennessee Corp. 30,000 shares of common stock (par Price, \$57.50 per share. Offered by Kuhn, Loeb & Central Explorers, Ltd. of Virginia 20,100 shares of common stock (par $5).. Price, $32.50 per share. Offered by Glore. Forgan & Co.; Fulton, Reid & Co., and Scott & Stringfellow. Completed. • I Power & Co., Smith & Co. • » (Canada) 50,000 shares of common stock (par $1). Price, $5.25 per share. Offered by Frank¬ lin, Meyer & Barnett. Completed. . per Oversubscribed. Corp.; Franklin, Meyer Se' W. C. Gibson & Co.; Goodbody & Co.; Hallowell, Sulzberger & Co.; Hancock, Blackstock <Sc Co.; Hayden, Miller & Co.; Hayden, Stone & Co.; Howard, Weil, Labouisse, Friedrichs & Co.; W, E, Hutton & Co.; Johnson, Lane, Space and Co., Inc.; Jones, Kreeger & Hewitt; Kalman & Co., Inc.; Kerr & Bell; A. M. Kidder & Co.; Leason & Co., Inc.; Manley, Bennett & Co.; A. E. Masten & Co.; McCourtney-Breckenridge & Co.; McDowell, Dimond & Co.; Mead, Miller & Co.; Merrill, Turben & Co.; Revel Miller & Co.; Norris & Hirshberg, Inc.; The Ohio Co.; O'Neal, Alden & Co., Inc.; Paine, Webber, Jack-f son & Curtis; Penington, Colket and Co.; Prescott, Shepard & Co., Inc.; Quail & Co.; Rauscher, Pierce & Co., Inc.;. Reinholdt & Gardner; The Robinson-Humphrey Co., Inc.; Rodman & Renshaw; Win, C, Roney & Co.; Saunders, S. railway_^__TJ oper. oper, Nico- Cunningham, Gunn G. Edwards & Sons; Ferris & Co.; Field A. The Stiver , Issues Not Representing New Co.; 132,768 Chicago, Rock Island & Pacific RR, —Earnings— Wm,,,C. Inc.; Stifel, Herbert W. Schaefer & Co.; Scott, Horner Mason, Inc.; Shearson, Hammili & Co.; Sills, Fairman & Harris, Inc.; Smith, Hague, Noble & Co.; Stein Bros. <te Boyce; Stix & Co.; Straus, Blosser & McDowell; Vietor, Common, Dann & Co.; Wagenseller & Durst, Inc.;, Watling, Lerchen & Co.; Hudson White & Co.; White, Weld & Cor, Willis, Kenny & Ayres, Inc.; Winslow, Douglas & McEvoy; Harold E. Wood & Co.; H. P. Wood & Co.; Wyatt,. Neal & Waggoner; Wyllie and Thornhill, and Zuckerman, in $4). Co.- 14 Securities Corp.; Coburn Julien Collins & Co.; Barnett; shares of $1.50 cumula¬ Purpose, for stock, series A (no par). etc. Price. $24 per share. by M. H. Bishop 115,000 Rio Renshaw; & & & Co.; Inc.; 377,381 14,265,149 14,540,392 3,113,000 1,261,123 13,520,080 railway Chrysler (0..: A.) & 128,818 $1,801,769 $1,814,346 404,465": 382,174 159,510 income oper. 1951 1952 1953 $1,850,542 331,600 -i_ & Co.; Lentz, Newton Rodman Inc.; $6,800 Nevada Robertson Co. 600,000 shares of common stock Purpose, to increase capital and surplus. Price, $1.85 per share. Offered by company for subscrip¬ tion by stockholders, without underwriting. working (Inc.);. Co. Emerich; & Co., Inc.;" Atnott, Baker Si Co., Inc.; AuchinParker & Redpath; Bailey & Co.; Baker, Simonds Co.; The Bankers Bond Co., Inc.; Beadling & Co.; Beil & Hough; Blair, Rollins & Co., Inc.; J. C. Bradford & Co.; Stockton Broome & Co.; C. S. Brown & Co.; H. M. Byllesby & Co. (Inc.); Carolina Securities Corp.; C. F. Cassell & Co., Inc.; Central Republic Co. (Inc.); Chiids, Jeffries & Thorndike, Inc.; Richard W. Clarke Corp.;. Cohu , . (par 65 cents). 96,000 Phoenix Budget; Loans, Inc. 4,000 & Kirkland Eberstadt Clayton • ^ 1954 $1,710,797 railway____ flora from closs, Kirkland Jenks, Co.; writings 1,110,000 Mission ' Co. (par,$1), ; 907. $ Stroud & Co., Inc.; Atwill and Co.; Blunt Ellis & $5)'. stock 45,912 Ry. stock"'par $5). Price, $11.50 per share„. Underwritten by William R. Staats & Co.; Hornblower Si Weeks, and First California Co.""Oversubscribed,, * F. . 590,579 Period End. Aug. 31— Company; Inc.; , Noel Management, Inc.' 230,000 shares of class A stock (par $1). Purpose, to make loans. Price, Offered' by Company to public, without under- 230,000 Financial ... Byllesby M. Price,- $20 per share. - Offered 'Co. and Hornblower-& Weeks. -• 4,323,497 506,602 railway^ ry. Underwritten Stewart-Warner Corp. 42,600 shares of common 852,000 - i Price, at par and Van by ry. Gross Hewitt; & Russ Colket Price,. . First & (stock -4 . fCo.; Arthurs, Lestrange & Co.; Butcher & Sherrerd; ; , H. Co.; The (par $1)^ Price, $26.50 per-share. v.& Co,, Inc. Completed. ...... ' & Grubbs; Johnston, jmon & Co.; Moore, Leonard & Lynch; Scott, Horner Mason, Inc.; Singer, Deane & Scribner... " • oolitle ■ & Co.; 132,500, Southwestern t l; 1 share. per Inc.; Dempsey & Co.; Dewar, Robertson & Pan-; Emanuel, Deetjen & Co.; Clement A. Evans & Co., 2,400,000 Sutton for working capital. dividends. accrued . 5,778,743 1,491,783 296,345 from —V. Dalton & Co. •» . / . Commercial Corp. 80,000- shares of GO-cent preferred stock (par $10). Purpose, to repay ^bank loans and 4B Co.; Kreeger & Jenks, $10), * * Eppiei*; Guerih & Turner. " ' & Smith' Investment 2-5,200 ■. 6,159,976 1,719,137 834,063 5,033,983 from Net Central Republic Co. (Inc.); W. C. Langley & Co.; Walston \& Co., and F. S. Yantis & Co., Inc. . 82,657 income___ p. Net stock common & Grubbs; Mason-Hagan, Inc.; Co.; Rogers & Tracy, Inc.; Rotan,: Mosle- and Cooper; Singer, Deane & Scribner; Smith, Bishop & Co.; Taussig, Day & Co., Inc.; Webber-Simpson, - 13,402 From Jan. 1— P. W. Offered by Shields & Co. Clayton Securities Corp.; Penington, r 55,104 4 Chicago, Indianapolis & Louisville Ry.—Earnings— Carey, -■ v" ' of shares ,^laus & Co., Inc.; Westheimer & Co.; stock 65,000 Chiids Food Stores, Inc. 5,000 shares of class A common stock (no par). Purpose, for working capital. Price, $13 per share. Offered by. Moroney, Beissner & Co. and ■ & Co.;- Simmons; - 98,654 August— Net Inc.; 149,837 railway oper. 180, Grots Inc.; Emerich & Co., coast; 77,795 1953 of common Underwritten by Price, $23.25 Pont Jones, Keith 171,517 $690,490 $742,696;. railway1,122,987 from ry. Milwaukee ./ 1951 $746,360 290,448 lncome___ oper. from Net Net Unsub¬ article. this of ry. Net Blyth by 1952 $438,153 !_ railway , railway__ From Jan. 1— ■: Co., & Simonds Ames, 1. 918,973 * Cleveland Corp.; Goodbody Rauscher, Pierce & Co. Inc.; Shillinglaw, Bolger & Co.; Straus, Blosser & McDowell; A; M. Kidder & Co.; Lester, Ryons & Co.; The. " Systems, Inc. 230,000 shares of common cents). Purpose, to expand operations of Net Oversubscribed. William R. Staats & Co.; Van Alstyne, Noel & Co.; Co.; 6, 184,921 v - . 140,000 shares of capital stock share. 8,483 Co. $12.50). Allyn I. & Co.; 22, 506,083 6,859,177 2,362,825 1954 from from . Francis 23,084,405 6,232,880' 2,557,261 '■ • (par C. 907. p. Net 4,366,141 Merritt-Chapman & Scott Corp.- 187,791 shares of common (2,965) fticd, .'ST;,; per* share. Offered & Co., Inc. and D. Gleich Co. sidiary." per sold. Notes" (par Mfg. Completed. A. 19,274,859 2,699,481 - income___ Chicago & Illinois Midland Ry.—Earnings— —V. Price, $13 per share. (par $10). by 21,494,561 6,780,102 . . tll0,279 McQuay-Norris stock 187,421 August— Completed. Price, $3.50 Brooks & Co., Inc. 1,926,480 Southern and 180, Gross Offered by Kidder, "Roney & Co.;'Sills, Fairman-& Harris, ' 200,000 Brandywine Raceway Association, Ine. 20,000 shares of ""V' ; capital stock (par $1). See under "Long-Term Bonds 230,000 Charge-It Merrill, shares 28,000 Co. 338,820 - railway railway, oper. Net 1 Clegg & Co.; Loewi & Co., and Scott, Horner & Mason, - Lehman Offered Price, $30.75 per share. (par $1). Central Republic Walker & Co.; Dean . Corp.; * Electric Gas & (no par). 389,641 355,105 from ry. Net •*. Co.; , Net ) shares of common per" share. $23 490,000 Lynch Carrier Systems, Inc. .7 , underwritten by Glore, Forgan. & Co. (Inc.); Shields & Co.; G. -H. Witter & Co.; Bacon, Whipple & Co.; Emanuel, Deetjen & Co-; John- W. Clarke, Inc,i Dallas Union Securities Co,; Fulton, Reld & Co.;,. Hurd, shares scribed Price, 567,173 1,122,912" Fay;. Barney & Co.; Stern Brothers? McDowell; Stroud & Co., Inc.;4 Power Cor 2,000 & Completed.' Peabody & Co. Offered to pub- stockholders. Inc.; ■ & common Light $5). $2 ,954,35 V 956,255 income_:__ oper. Net. from -^V. ,463,313 Lionel Corp. 21,180 shares of common stock (par $2.50). '.y% Price, $21.87y2 per share. Offered by" Allen & Co.." Corp. by & Inc. 861,000 Iowa-Illinois * subscription Gross &; Julienr * 1,087,864 Automatic Canteen Co. of America 77,706 shares of com¬ mon stock (par $5). Purpose, for new equipment and " 4 working capital. Price,'$14 per share. Offered by com¬ pany Lestrange & Co.; and Walston & Co. (par & Co., - v4 " Blosser Straus, $3,167,767 $3,159,522 926,407 , From Jan. 1— Hooker & Higginson Co.; ry. 1951 1952 1953 $2,831,487 railway^ (par G'. Becker Eastland, Douglass & Co., McCormick & J' page 2) 1954 " from^ railway__-__ • from Net stock (Inc.); Co. August— Gross Net " Co., (Inc.); Price, $10 per share. without underwriting. capital. .lie by coiftpany, . & Co.; 46,000 Iowa Electric loans and for new share. Offered by com¬ Progressive Health Insurance Co. of New York. shares of common stock (par $2). Purpose, for 'working / Stroud Gross 300,000 American . Arthurs, Republic Hemphill, Noyes & Co.; ' 300,000 shares of common stock (par 10 cents), Purpose, for working capital, etc. Price, $1 per share. Offered by Mid-West Securities. . Weeks; & Central Lemon- &, Co.;,. Lee & Cruttenden ' (Continued from V ' Chicago Great Western Ry.—Earnings— The Ohio Company; Pacific Northwest Co.;., Rodman & Renshaw; Shearson, Hammili & Co.; Sills, Fair- 1. Co. Coffee-Matic Co.; & Co.; Brothers; ;. Baker, American McDowell; & ...J Investment News Co.; Granbery, Underwritten by A. Pont & Co.; du Johnston, -j- MISCELLANEOUS 100,000 Blosser Hornblower Inc.; Bachie Hailgarten by common stockholders. Unsub-> underwritten by Kidder, Peabody Republic & Collins &-Co.; Growell, Weedon & Co.; Cruttenden & Co.; . (132,933) Central Co.; Straus, Price,-$28 per share. $1). CO.; W. C. Langley & Co.; McDonald & Co.; The Ohio Company; Sills, Fairman & Harris, Inc.; Blunt, Ellis & Simmons; Cruttenden & Co,; Estes & Co., Inc.; Reinholdt & Gardner; Stern Brothers & Co.; Wagenseller & Durst, Inc.; Bateman, Eichler & Co.; Beecroft. Cole & Co.; R. S. Dickson & Co., Inc.; Grant Brownell & Co.; Hill Richards & Co.; Newhard, Cook & Co.; Raffensperger, Hughes & Co., Inc.; Rouse, Brewer & Becker; Scott, Horner & Mason, Inc. B. C. Christopher & Co.; City Securities Corp.; Julien Collins and Co.; Clement A. Evans & Co., Inc.; Farwell, Chapman & Co.; Greene & Ladd; T. C. Henderson & Co.; Pacific Northwest Co.; Prescott,! Wright, Snider Co.; The Ranson-Davidson Co., Inc.; Rauscher, Pierce & Co., Inc.: Arthurs, ^Lestrange & Co.; Burke & MacDonald; McKinney-Ohmart Corp., Inc.; The Small-Milburn Co., & Inc,; Union Securities Corp., common Cruttenden Hammond Organ Co. 114,954 shares of common j.-j „ bank repay $17.50 subscription for pany, to Price, shares 213,261 Inc. Purpose, construction. 3,218,712 - Rein- General Corporation and (Inc.),4> Co. Jackson & Curtis; Julien Collins & Co.; Harris, & .. , . Utilities, $10). (par . Republic Loewi & Co.; Scott, Horner & Mason, Inc.; Sills, Fairman^ . Scherck, Co.; Central Inc.; Company, Inc., and Arthurs, Lestrange & Co. Co.; Oversubscribed,. , Renshaw; & & Co. & Marache & Co*; Hayden, Miller & Co.; A. M. Kidder & Co.; - Schwabacher & Co.; Seligman, Lubetkin & Co.; shearson, Hammili & Co.; Shuman. Agnew & "Co.;" Silberberg & Co.; 'I. M. Simon & Co.; Singer, Deane & Scribner; -: Smith, Barney & Co.;- William R.. StaatsI & Co.; Stein Bros. & Royce; Stern, Frank, Meyer & Fox; Sutro & Co.; Sweney Cartwright & Co.: Spencer Trask Sc Co.; Tucker, Anthony & Co.; Van Alstyne, Noel & Co.; Vietor, Common, Dann & Co.; G. H. Walker & Co.; Westheimer and Co., and Arthur Wiesenberger & Co, Richter /.» ' & Riter Inc.; Tracy, Shepard Becker G. (Inc.); t com- ; Under-" share. per Simonds & Co.; Burnham and Co.; H. M. Byllesby and Co. . : Co.; & $24.75 Reynolds-&-Co.; Shields & Co.; William R. Staats & Co.; Lester, Ryons & Co.r Singer, Deane & Scribner', Van Alstyne; Noel & Co.; Baker, 1 , Prescott, Gardner; & Roeers McCormick Price, $2). (par by ftornblower & Weeks; A. C. Allyn & Co., Inc.; Paine, Webber, •» r Co.; Hopwood; & Inc.; ' . . Lewis Machine Tool Co. 40,000 shares of & stocck written Cq.; Nesbitt; Thomson & Co., Inc.; Roger S. Palmer Co.; Piper, Jaf- & northwest Pacnic T 990,000 Giddings mon Noyes & Co.;'H.' J. B. Hilliard & Son; Hirsch & Co.; Hooker & Pay; Joseph, Mellen & Miller/ Ine:; A. M. Kidder & Co.; Kidder, Peabody & Cor, Laird, Bissell & Meeds; Lazard Freres & Co.; Lee Higginson Corp.; Carl-M. Loeb, Rhoades & Co.;- Manley,' Bennett ' Harrimarj Hayden, & Ripley Co.; Hailgarten- & Co.; & L Emanuel Co.; & & Co.; Farwell, Chapman Inc.; Goldman, Sachs & Co.;' Company, Gradison D. Holyoke Ellis, Estabrook & It (1331) The Commercial and Financial Chronicle Sons; & Co.; Gairdner Co.; ... 13,338,238 4,745,333 3,517,391 12 The Commercial and Financial Chronicle... (1332) serially Colubia to the government of that South American republic, it was announced on Sept. 21. Included in the deal that involved 35 smaller airports, were Soledad Airport at Barranquilla and Crespo Airport at Cartagena, the prin¬ cipal airports of entry for Columbia. The sale included all installations and the communications system, but not the shops, warehouses and internal facilities of the company. Until such time as a separate corporation is, founded by the airline its sold has in airports Corp. the forth Lee R. Construction boards. —V. 177, V. 528; p. scheduled is begin to the at end the of the is Corp $2,800,000 Pressprich & Co. 2,000,000 1,500,000 Burr, Inc.— 1,400,000 also V. 180, p. 1207. Rico, has been the Board, announced for fiscal the ended year June ■ 30, 1954, as fiscal F. with fiscal President, the "During pended said that total ended June 30, year $248,835,574 for the fiscal for CF&Is 1954 sales ended year June volume was increased the during ex¬ 1953. 30, Mr. Franz fiscal explained that review by profits CF&I's in Colorado & Net from Net ry. during affected were the Gross railway from $1,351,025 $1,513,501 575,798 462,978 261,990 248,787 -rV. 180, value Associa- 10,684,206 3,536,954 1,553,107 9,099,912 1,851,415 821,655 at the the to paid the 2,873,365 history letter assets close annual report. marks the sixth »" of of 297,905 drawn. notification shares See V. of 180, filed Aug. stock common at $1 changes during the share of of This Sam Thomas, offering in President, 1,000,000 shares of has of $24.68 share per fiscal the at at stock the recent quickly was close of current the compared one, $5,500,000, year-end. by fiscal to through which Utah would to miles 50 is company 160 be has program registered explored and south of Green Thomas Mr. Washington a explained been in ment to reduction a Long-term Gold before Oct. will way be Mines. undertaken County, Utah, of $7,000,000 operated. It is These the expected this of 1 in that ended subsidiary amounting —V. claims Deliveries the prior year. Springs River.—V. Green Ohio Canyon 180, will President, has revealed Gross awarded at 102.22. competitive bidding . : , ; Sept. 29 on on a 1954 Co., competing bids Inc., Bros. & and Gross Blair 105.92 also to the Ohio Co. Forgan bonds & 3Vis as came commencing redeemable Oct. under 1, a regular to 1954 sinking public sale company's redemption 100 after fund Oct. prices at prices scaled 1,1983. scaled share electric 200,000 to properties. with In area and addition, company is two areas in a . population around wholesale the is be used to carry from Net on such ' had consolidated income of total 12 Ohio Ohio, at 900,000. third furnished This largest city to includes Light In and ended July "of revenues 31, 1954 the $39,055,815 company and net $5,404,795. Authorized . mortgage bonds: 3 Va% , 3% series series 2.80% due due series 1970 due 3%% series due 3 y4% series due t Conditional sales "Bonds of the 10 000 000 12!oOO 1983 ($100 10 par Serl«es series Closed value)__ 00o!o00 400^000 250,000 shs. 7 shares 000 10 000 000 1984 agreements Cu??,u!: pfd* shares Common 9,700 000 1981 series 'a *2% 4.65% $26,000,000 <• 1980 3 Va % gg ggg shs. par value]—I 3,000,000 shs. 2,401^360 shs! isstied in one or more series without limitation as to principal amount, but subject to the restrictive ($5 provisions indenture dated Sept. 1, 1940, as supplemented and July 31, 1954, after giving effect to the issuance of (which are to be issued against property additions}, the company would have been entitled to issue approximately $7,400,000 of additional first mortgage bonds against property additions at that new As of bonds of $6,606,000 average $924,000 The which, controls Weston these about under purchases. through shares of 44% The an agree¬ over a Weston's R. W. Pressprich & Co. assisting are tenders. units printing were in the equipment $62,473,000. reported at electronics, fields. Sales Earnings for $405,767, tape the lor fiscal the first quarter cents 65 or recorder, share. per 1953 1952 1951 $4; ,276,774 $4,883,966 $4,729,233 $5,401,797 1, ,116,956 1,183,736 885,051 1,229,333 774,958 920,634 433,204 31 ,945,510 36,699,472 6 ,518,526 " 8,658,144 37,379,237 7,514,132 3, ,788,129 income 6,285,557 539,441 3,990,847 1954 railway 39,192,434 . 8,438,377 694,391 t - related 1953, ry. Net 1,278,757 411,692 784,065 1,012,017 568,653 51,823,170 69,4121936 60,584.298 58,595,657 13.728J761 12,529,035 10,304,485 6,768/360 6,187,830 4,129,726 8,419,477 income . 4,060,195 908. p. 1954 railway railway V 1952 $7,477,083 2,772,045 1,166,448 $7,929; 709 46,584,303 14,833,244 56,385*379 8,669,184 8,124,548 2,548,644 income— oper. -Earnings— 1953 $6,868,301 1,343,900 from ry. in&me oper. r-V. .180, prior 1951 $7,021,103 3,112,596- 2,228,776 1,283,710": 1,029,753 50,743,48* 14,279,043 18,791,251 48,428,736 13,828,708 6,144,335 6,598,685 908. p. Detroit, To! years' aggregating the series Gross income' of Ironton RR.—Earnings— & August— "Y" Net the 1954 from from Net in were 1951 $7,611,358 2,025.377 1— railway railway from 1952 $7,924,941 1,582,140 $1.32 statement above less to :• $7,457,342 863,541 railway N^t from railway T < . 1953 $6,461,015 from Gross $465,000 Federal income "surplus." at the close of business on Aug. 5,559,681 and 5,167,196, respectively. recorded Federal shares of before income common Federal Federal the for taxes stock income income taxes stock common to ry. railway 1952 $1,989,631 146,721 625,222 railway income_ oper. 1953 $1,342,002 _ 1951 $1,346,411 $1,489,865. 438,096 519,736 , 153,056 282,684 206,091 210,448 12,002,564 3,253,632 15,094,612 4,455,331 1,920,495 11,488,133 12,677,384 From Jan. 1— Gross from Net the of the p. first nine railway railway from ry. income- oper. 180, 1,937,847 3,432.809 4,916,477 1,465,506 2,096,633 908. p. in outstanding. taxes of amounted the after 58 and $291,820 with net providing cents profit for share per before Federal the on income the used 1953. of fiscal amounted taxes to for the net profit in after provision taxes for shown as due taxes above to the third profits tax the at beginning of a elimination 1954.—V. Net for organized of Co.; commission under acquiring, producing is Delaware exploring mines. It to be law $0,375 per July and developing has acquired share. and Continental I located properties, (Vice-President claims $31,420,569 for the preceding year. At the fiscal yearoperating 167 women's wear outlets compared with 170 Adverse economic conditions in certain sections were re¬ have also contributed to the sales decline. and held Director) by of Grand Junction, a company owned by the Gidwitz-Sullivan Colo. four In other along the Lisbon Fault near La Sal, of 4 current to The 1, company on Sept. at proceeds Each par $216,619 offered be The addition, $1 are face before Federal, State Federal excess pany's Earnings which drilling program and for general corporate including the possible acquisition of other producing mines become available. The may company prospectus offering of now states the has that, 500,000 outstanding upon 4,500,000 consummation shares, the of common the Gidwitz-Sullivan shares. proposed group The public will own notification with the SEC income notes due Jan. 1, 1961, stockholders, without underwriting. to be used to increase working capital. amount income proceeds of the present financing are to be applied in the of $84,928 as payment to the Gidwitz-Sullivan group pursuant to the terms of the agreement whereby the company acquired the prop¬ erties of said group; and the remainder will be used for the com¬ purposes, letter of a common of notes 176, is convertible p. into share one of $1 1563. 9 Months Ended July 31— Net sales amount and filed convertible to Dresser Industries, Inc. (& Subs.)—Earnings Increased . Net development 17 5% of par value common stock.—V. Profit Utah. rose to $1,207,524, or $1.39 per, share, of stock year ended July 31, 1954, compared with $1,160,553, or share for fiscal 1953. fiscal per (James) Dole Engineering Co., San Francisco, Calif— Exchange Commission— to individuals closely associated with group, were acquired through acquisition of its stock and its subsequent merger into the company. According to the prospectus, the company's properties, some of which are In production, include the Continental No. 1 Mine, located in Lisbon Valley, Utah, and the Continental Rattlesnake Mine, to profits after taxes covering primarily in San Juan County, Utah, from a group headed by Gerald Gidwitz (Board Chairman) of Chicago and Raymond G. Sullivan certain of was Files With Securities and 1954, for the pur¬ uranium properties, in¬ certain were was $4,470,771 with a 3.9 to 1 assets to current liabilities, compared with $4,489,763 respectively, a year ago. Merchandise inventories totaled $3,035,135, approximately the same as inventories of $3,087,626 re¬ ported last year.—V. 180, p. 998. 30, on units Working capital at the fiscal year-end ratio corporation filed a registration statement with the SEC on Sept. 24, 1954, covering 500,000 shares of its 10c par common stock, to be offered for public sale as "speculative securities" at a price of $2.50 per share. The underwriter is Van Alstyne, Noel & underwriting operating ago. the and This pose sales year ported 180, Continental Uranium, Inc., Chicago, 111. — Registers Wjth Securities and Exchange Commission— the fewer year under reflects 155. excess reduced sales and on Sept. 20 by this corporataion in its annual report for the ended July 31, 1954. Consolidated net sales for the period were $29,410,479, or 6.45fr $1.34 ~ Stores Corp.—Earnings Up— Increased earnings reported taxes 22 filed a letter of notification with the shares of common stock to be offered at par without underwriting. The proceeds are to be share), working capital, etc. Diana income Sept. on 480,000 per end, Diana in reduction Federal for common income stock common cents $1.77 of Federal on Federal corporation covering (25 quarter of this for share per SEC after or period third providing cents The per and $617,198 corresponding after 84 or pro¬ This compares $1,369,921 to Diamond Oils, Inc., Pierre, S. D.—Files With SEC— fiscal 1953. the part $608,054 to increase located 103,841 shs. may be company's amended. the $7,228,000 on redemption. times 31, compares or cluding Outstanding 1 1978 due of other From Jan. 1— ,853/000 an Ohio. in Ohio-Midland This and was First shares have instru¬ new Weston. or 908. oper. Net amounted The public utility providing comprising portions of 22 CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING1 ^ and income p. 180, Net stock outstanding before on $201,314 operating in operating Aug. for $526,414 in an months and were railway railway. from Gross 439. profit ^quarter of • territory. the Chase which of the of shares purchase 1954 Jan. ry. $7,459,000 , profit before Federal income taxes for the taxes the loans Co., to three small municipalities in the company's service territory and to rural electric cooperative associations In or adjacent EARNINGS—For (based costs for common amounted year are 102.60 bank Power to $8,081,000 853^000 company received refunds of electric revenues in litigation and these 347,700 net share per offering and from last week's will estimated Columbus, service 73,179 through to three Daystrom Denver & Rio Grande Western RR* 2,736,000 ending Sept. 11, 1954 amounted to $1,571,307 and after for Federal income taxes amounted to $765,185 or $2.20 providing improvements service counties of shares program, including repayment of $7,600,000 incurred for additions and BUSINESS—The electric proceeds common called p. on with They from construction amounting to of net the incurred profit stock. PROCEEDS—The 1954 costs and 180, viding 100. , 2,956,000 $1.32 thereon, have been periods (jointly), 102.0399; and Union Securities Corp. (Jointly), 102.038. at Broad Consolidated Laundries Corp.—Earnings Show Gain— & Co. redeemable are with The 11 . bonds Baxter, Williams & Co. (Jointly), 102.2159; Salomon 102.077; White, Weld & Co., 102.06; Lehman Brothers Halsey, Stuart & Co. Inc., 102.04999; Dillon, Read & Co! and manage¬ at agent, None either 116,000 now for from Net —V. —V. bid of from: Co. operating railway oper. income— Net 461,000 stock common share gas Include 1954 —V. to 720. from ry. $9,734,000 dividend requirement and Shares of and Glore, The the and request from From $11,037,000 $10,195,000 common bonds not taxes 31, Hutzler, 102.0599; Inc.. for 30 oper. Net 55,885,000 outstanding) purchased $1,819,000 37/8% the par Delaware, Lackawanna & Western RR.—Earnings— 1953 59,740,000 419,000 stock shares Net Closely Daystrom railway railway 180, Net $10,618,000 Balance available for does at together received^ energy. to group August— $70,358,000 $65,619,000 income Earnings per investment with offered Inc.. Dallas, Tex. Weston of be York, instruments, by and rights investment the p. from ry. Gross *<- income NOTE—During an stock New acquired holders voting Sachs oper. Net Of¬ be Incident expenses must of made previously from Net announcement an . income Preferred banking group which on Sept. 30 publicly offered $10,000,000 of first mortgage bonds 3V\% series due Oct. 1, 1984. The bonds were priced at 102.915% and accrued interest, to yield 3.10% to maturity. The issue was • • Interest and other income deductions 246. pay nuclear of been August— be Co.—Bonds fered—Lee Higginson Corporation headed . ' income Net to electronics new from Net the on Operating Juan p. Electric 180, ry. orders Eight Months Ended Aug. 31— Operating revenues. Operating expenses and taxes Other notification to From Jan. 1— said, with - work San area, 2,500 stock. in from Orders— in of stock Investment Co/, capital City, Weston an June Gross 38 soon development Aetna type of cemeteries. the field has period. Net is James, letter a common used August— totaled Consolidated Gas Electric Light & Power Co. of Bait. May, 1954, in Southeast work first sell Delaware & Hudson RR. Corp.—Earnings— big new order will be 75% complete by Jan. 1, Mr. the balance of the vehicles in service by June l, 1955. will be scheduled later for delivery in the last half of next year, he said. Fruehauf, Brown, Trailmobile and Peerless will provide the bulk of the new trailers.—V. 180, p. 348. public located to Sept. 28. on Additional subscribed are net to $3,440,000. —V. in located this The year. Soda Southern & claims the Y., ended March 31 year of totaling $1,164,000. At the long-term debt totaled $13,856,500/ a has Daystrom has dinette furniture payments year of transmittal the the also Daystrom J^une 30, 1954, totaled $36,658,125 compared to $40,364,- corporation James River, Utah, in the Colorado Plateau area. a joint exploration and development out between Columbia Uranium, Inc. and Jointly along Columbus uranium that - for four in outstanding Goldman, one indebtedness be care of N. from two-year the to to previously with $3,000,000, Leland that worked Cornucopia under formed corporation con¬ own¬ extended Daystrom company The ratio to 2.5 filed 21 shares are of 15, Is has tenders Current bank loans outstanding year. fiscal reduced was 3.03 was Bank market ments full. The indicates underwriting profit and held by it for $250. Sept. ' applications in 1954, year-end the the on year in an increase on letter York Gross a that announced common have company St., before 5 p.m. (EST) on Oct. 11, 1954 unless by Daystrom. If tenders are received for. shares in excess of 35,000, the shares purchased will be selected substantially by pro rata allotment from among those validly tendered. Daystrom has been increasingly interested in electronics during recent years and the company's instrument division last month pot New accelerating its program of equipment renewal and expansion by placing orders totaling $3,319,000 for new vehicles in addition to its previous 1954 equipment expenditure of approximately Columbia Uranium, Inc., Seattle, Wash.—Stock Sold— - further prospectus through Transwestern certificates such date After The corporation's net investment in plant and equipment $15,583,392 at the close of the year.—V. 179, p. 2139. 815. p. have net 295,000 ■ signed National I resulted year stock common with previous 281 at the end of proposed offering share has been with¬ per its proceeds Stock ► to liabilities the Inventories at 844,620 covering 19 net share.' equiva¬ were consecutive previous year. previous fiscal the year totaled of to Sports Racing Ass'n—Statement Withdrawn of will This corporation on Sept. 30 asked holders of stock of the Weston Electrical Instrument Corp. of Newark to submit tenders of up to a maximum of 35,000 shares of Weston, about 8% of Weston's 428,221 shares now outstanding. Daystrom offered to buy the stock at $25 per " Colorado The they and other properties; while contributed $1,250,000 for 10% of the Daystrom, Inc.—Offer For Weston Stock— ,• $2,906,800 for the over corporation's and including the long-term debt of 10,298,457 2,784,805 1,170,647 of ment, etc., of perpetual ; $3,267,247 for the fiscal were preferred stock, net profits on compared corporation close $1,436,401 375,504 107,260 10,013,018 which Mine, ; Earnings Up— 1' corporation aggregated $41,200,200 at June 30, per share per compared 907. p. according financial current made income— for Mine, the stock of the Continental stock corporation Net 149,414 railway 10% covering The 1951 1952 $1,308,828 337,637 railway oper. taxes and Consolidated Freightways, Inc.—Places 1953 1954 railway-. income from ry. Corp.—Sales at the'close of the From Jan. 1— Net Bankers Working capital at June 30, 1954, amounted to $37,354,189. of Southern Ry.— -Earnings— oper. Net Rican Puerto 1954, an increase of 12.4% Consolidated's book $25.93 number of heavy non-recurring expenses, a l Gidwitz-Sullivan ($1 per share) previous year. with putting CF&I's new seamless tube mill into operation. This mill was placed in operation in October, 1953 to meet the demand for oil country tubular goods from oil and gas producing areas of western states close to the new mill at CF&I's fully integrated steel plant at Pueblo, Colo. The corporation has been granted necessity certificates tyy the U. S. Government covering plant improvements having a total cost of more than $52,000,000. Accelerated depreciation on that cost amounted to $4,478,406 for the fiscal year ended June 30, 1954, as compared with $1,961,756 for the preceding fiscal year.—V. 179, p. 2806. August— Gross from the of is Vice-President of the Board Telephone Co.—V. 180, p. 155. Rico increase of $1,403,291 over the the the starting up expenses in connection as 1 V - ' of - year under such the of The of and years Foods Net worth of the Franz Mr. year, Chairman Carter, H. reached new peaks. Compared with sales of $212,413,582 preceding fiscal year, this represents an increase of 8.6%. an 1954 from $56,849,970 at pointed out, rising to $60,603,270 at June 30, June fiscal 1954 20 Puerto year, Various capital Ahorro Ponceno y sales have said. Working the profits after Federal income preceding Mr. Franz program," director, A. a President been past of allowance for dividends revenues $10,393,726 1954, 30, of SEC lent to $2.22 per common share compared to $1.98 in the preceding year. Sales for the fiscal year were $230,675,745. This is the largest sales the modernization and fee" i Puerto Rico. ended June 30, year preceding fiscal year. expansion the for Net operating and In Consolidated $250,235,696 as compared were outstanding No. Rattlesnake group for their stock interest in the company will be $160,454. Van Alstyne, Noel & Co. is purchasing 25,000 shares from the Gidwitz brothers at 10c per share for invest¬ ment. It has agreed to pay to Aetna Securities Corp. a "finder's shares Co & to the year. Franz, the elected com¬ dividend requirements, was equivalent to $2.46 per share of common stock, based on 2,603,462 shares outstanding on June 30, 1954, as compared with $3.09 per share on the 2,478,084 shares outstanding at the end of the A. to date Directors by Charles Allen, Jr., Chairman of the Board of Directors. ."Net income for the 1954 fiscal year, after preferred stock 1953 Steel then . cost 300,000 200,000 $25,000,000 plant in a Sana has Mr. tion (after $6,125,- pared with $8,031,224 (after $14,572,400 for Federal taxes) for the pre¬ ceding fiscal year, according to the annual report to stockholders issued for Fauset, on Sept. 22. r organized in Puerto company, construct /<■" Colorado Fuel & Iron Corp.—Earnings Lower— taxes) 300,000 shares Continental Continental investing public will outstanding stock. The $1,100,000 400,000 Co & the the the the set Rico in 1953, is preparing to Guayanilla Bay, about 15 miles west of the city of Ponce. Ground will be broken, according to Mr. Carter, around Oct. 1 and all equipment needed has been ordered. The new refinery will represeht the largest single investment of mainland U. 8. on capital Federal Reid of ing from bonds Emanuel, Deetjen & Co. Johnson, Lane, Space & Co., Inc. & This 000 purchase new Reynolds & Co Pulton, Angel, A. Sanz, President of the Banco Credito and its subsidiaries earned $7,051,729 90% payable Crestview Memorial Park, Inc., Dallas, Tex.—Files— 12,500 The corporation 27/a%, and Commonwealth Oil Refining Co., Inc.—New Director— year. Sept. 20 filed a letter of notification with the shares of common stoek to be offered at par ($10 per share), without underwriting. The proceeds are to be used to pay expenses incident to oil and gas exploration. ■ corporation covering coaches, Higginson W. See Basin Associates, Inc., Yuma, Ariz.—Files— Colorado The 2'/2% tributed Puerto SEC trolley representative, have severally agreed to the respective principal amounts of company below: Coffin 1478; V. 180, p. 814. 179, p. of Company administer to maintained by be to purchase 1957. Ladenburg, Thalmann & and operate the airports, they will con¬ AVIANCA. The government has plans for a new airport near the capital city of Bogota, capable of serving the largest aircraft now on planning government to PURCHASERS—The purchasers named below, of whom Lee Higginson • tinue tFor date. Colombian National Airways (Avianca)—Sells Airports This Monday, October 4, 1954 Net N. and 1954 fpreign profits income taxes 4,466,639 tax 3,151,509 Cr454,231 share common 50,00® $5,689,903 $3,246,201 $4.28 earnings per 1953 $98,141,529 $94,653,08® 9,702,311 6,447,70S taxes $2.3® , Sales and earnings continued at high levels during the third quarter. H. Net Mallon, earnings $2,222,210 net President, on earnings taxes after sales for stated. of the for the quarter $31,514,240. third quarter On a were ended per July 31, comomn $1.68 of 1954 share which 47 were basis, cent® i'-fi, t. 5365... The Commercial and Financial Chronicle Volume 180 7 Number ' pf.non-recurring income in the form of a refund of World profits taxes. This compares with $1.27 for the same consisted War 11 Garrett in 1953. .; ' Dresser's backlog of unfilled orders as of Further expanding already • poration July 31, 1954 was $30,715,as compared with $34,989,000 at the end of the previous quarter $50,103,000 as of July 31, 1953.—V. 180, p. 252. 000 and which In the Duluth, Missabe & Iron Range Ry.- -Earnings— Gross Net Net railway from Gross ry. railway— 5,211,523 180, Angeles 3,484,343 1,458,647 28,883,554 43,190,143 25,466,006 18,913,488 4,739,904 1,596,457 4,160,189 offices has —V. 176, « in J. over will of 1954 . share The ■ increase Net from Net Net rv. 32,102,1263 24,279,575 8,400,104 13,149,597 10,429,371 10,316,236 Year Ended June 30— — 1— — income i for Shares of — stock— stock i_ paid —V, 179, *—... share—— common per Dividends __:—_ common common Earnings ' 2,655,408 4,470,000 1,829,213 of notification letter Exchange Commission— filed was the SEC on Sept. with covering 17 stock (par $1) to be offered at $30.90 per Ryons & Co., Los Angeles, Calif., for the account John C. Tyler, Chairman of thfe Board.—V. 177, p. 1580. shares 3,000 of and common —V. 178, 2197. p. . of featuring a revolutionary new tread design that will be original equipment on many of the 1955 Automobiles, providing them with increased safety -and comfort, was announced on Sept. 27' by Raymond C. Firestone, Executive Vice-Presi¬ dent. This company was the first to supply tubeless tires to auto¬ mobile manufacturers for some of their 1954 models after thorough road.—V, of tubeless new a tire the field. The new tire, known as the Firestone DeLuxe will be available for replacement on any cars now on the 1208. ' : ' V,- . ; • • •„ \ in testing Champion, CAPITALIZATION 180, p. reported operating revenues of $12,720,000 for the 12 months ended July 31. 1954 EFFECT TO GIVING ' a First due series series & Derrick p. 909. and Co., '■ ' ' St. Fire Paul & v.\ Marine , !' 2.250,000 2,000,000 series due 3,250,000 1982 1983 Preferred stock lative, The (cumu¬ (no par value) 250,000 shs. issuable In series) 123,440 shs. stock (no series has been reclassified as $2,375 series and holders of shares will receive two shares of the $2,375 series for each old the of The of series. $4.75 has series $5.50 therefor Chicago. * ' •< for redemption and the Illinois National. Bank & called been Continental with deposited is preferred new Shares Paine, Webber, Jackson Shares . Merrill • Shields Stone & Webster Securities C. 10,800 7,800 i 6.800 Weeks W. C. Langley & Co._^ —V. 180, 1098. p. Fulton, Belgium Plant— Harlow H. Curtice, on ^ . . President expansion that will double the assembly capacity of the General automobile and truck plant at Antwerp, Belgium. Motors Jtr T*l -i 4,90.0 Ol. McCourtney-Breckenridge co. m, & • 1,950 1,950 ________ ___!_ Co 1954—12 Mos.—*1153 $ $ v 1954—8 Mos.—• 1953 $ 92,990,382 83,289,083 137.647,387 119,937,387 and taxes— 77,411,508 68,795,497 114,493,926 99,545,432 inc. Tel. subs. Net op. 15,578,874 14,493,586 23,153,461 20,391,955 50.9,101 262,031 809,272 335,465 16,087,975 6,324,600 14,755,617 23,962,733 5,667,703 9,335,156 20,727,420 8,215,286 9,763,375 "9,087,914 14,627,577 12,512,134 !:390;149 ,.,'279,036 696,193 9,613,830 8,697,765 14,348,539 11,815,941 5,488,600 4,199,100 5,333,900 3,948.000 $1.75 $2.07 $2.69 $2.99 (net) income Other 4,900 4,900 Co.__ of Tel. subs. revs, Oper. exps. ; Sept. 24 approved a $6,000,000 plant & Corpi. (& Subs.)—Earnings— General Telephone Oper. 6,800 Co._.__ Reid * Stix Period End. Aug. 31— - •' ■v 6,800- Beane William Blair & Co 6,800 - & & 6,800 Allyn & Co., Inc.___ & Lynch, Pierce, Fenner 10,800 Curtis $ Capacity of through the / offered being below-named underwriters: & funds Trust . UNDERWRITERS—The . Motors Corp.—Plans to Increase General 687,000 shs. 1,500,000 shs. value)_____ par $4.75 share Co. 2,250,000 2,900,000 Unlimited 1972 1, series $2,375 the due Oct. debentures, .... $5,756,000 1978 due Hornblower Insurance Co.—Vf. 180, '■ *■,. • . \' Outstanding 1980 due series 4'/2% . FINANCING <* Unlimited mortgage bonds 3%% series due 1974 ' A. Director— for the calendar PRESENT Authorized Corp. Lang, President of Foley Brothers, Inc., St. PauJ, Minn., has been elected a director of General Mills, Inc. He 4s also a director of First Trust Co. of St. Paul, American Hoist other 1953. year for H. William with $1,582,269 ■ Firestone Tire & Rubber Co.—New Tubeless Tire—.. Development of with $11,586,498 and $1,292,576 respectively Common Elected General Mills, Inc.—Lang ; income net compared Mitchum, Tully & Co v - share. per together the General Telephone operating utility in an EARNINGS—The company and V .. $52,375 sale Belvidere. Corp. share through Lester, at the from provides service in 235 exchanges .in Illinois, serving among principal communities Kewanee, Lincoln, Carbondale, Macomb and its 4 Va% a redeemable System, 37/a % wide range of high temperature hermetic seals (up to 1200 degree F. in ail) all employing Alumina Ceramic insulators. The high temperature seals make possible vacuum tube and other component designs previously considered impracticable. Tne general offices and main plant of the General Ceramics Corp., are located in Keasbeyj N. J. This company is a leading producer of ceramics, Numbered among its products are: Steatite, Alumina, Zircon, Porcelain, Solderseal Terminals, Lignt Duty - Refractories, Chemical Stoneware, Impervious Graphite and Ferramic Magnetic Cores. * A BUSINESS—Company, of Toronto, Canada (name changed of Canada, Ltd) and Aid Cruisers possible is proceeds Illinois company. the of the it makes preferred net Sept. 28 on $2,375 cumulative funds will be used to repay bank loans, to repay $895,000 the company's parent organization, General Telephone Corporation, and to reimburse the parent company for $2,193,345 advanced to redeem the series of $5.50 cumulative preferred stock Corp.—Acquisition— Ceramics series which due 3V\% announces division new Preferred Stock — Jackson & Curtis, Stone & Corp. and Mitchum, Tully & Co. Webber, Securities $2,375 company of notes 349. General degree F.) $1.90 $1.40 Association, Los Angeles, Calif. Farmers Underwriters —Files With Securities and the of Telephone Co. of Illinois PROCEEDS—The before. year General Ceramics Corpora¬ tion to offer the most complete line of hermetic seal terminal bushings available in the industry. The line includes a variety of standard Ceramic Solderseals lor MIL and commercial applications tuiii r 216 4. p. The $4.90 divisions of The Garrett Corp. as Ceramics corporation The 1,800,652 $2.01 $1.40 * ' — sion $3,617,071 3,427,334 $3,825,817 3,671,953 L— share common per 11,608,293 2,821,486 3,955,724 - : :—: Net earnings Earnings 1,676,706 .—— — 1 on 1954 1953 $22,279,733 $22,350,772 . expenses Interest Taxes ; - income Gross 1,006,790 629,244 acquisition- of Advanced Vacuum Products, Inc. of Stamford, Conn. This- Nfeir England producer of high-temperature metal to ceramic seals pioneered this type terminal. The Advanced Vacuum Products plant will be operated as a divi¬ The or preferred stock (without par value), at $49.50 per share. the current year the company benefited During J. 180, p. General (& Subs.)—Highlights of Year quali-s amended. only following registration Securities Act of 1933 as 3,084,984 3% Family Finance Corp. Operating facturing.—V. 908. p. the under 816. jointly headed an underwriting group offered for public sale 82,000 shares of The Canadian company will continue to operate as a subsidiary corporation. The Garrett Corp.'s plant and equipment facilities were expanded during the fiscal year. It now occupies or has under construction 983,000 square feet of floor space( 73% of which is devoted to manu¬ 25,743,714 income..! oper. i80, r—V. 18,068,397 railway from N. future the I 6,349-,682 one two 56,000 have performed 9,434,666 month's operation of these newly acquired companies. domestic companies were liquidated June 30, 1954, and will only The 1_ 101,245,414 122.614,826 113,217,888 117,591,358 railway Manufacturing Corp. Belmar, operate in " From Jan. 1— / from from Gross ! 1952 1953 1954 Y„ Aero Sales Engineering Ltd., of transferable exemption p. Webster acquired outright ownership of three new companies 1954, including Aero Engineering Co., Inc., of Mineola, the Garrett Co.. the over to 1951 for 180, Offered—Paine, $96,600,600 'for the manufacturing lower than last year's total, largely 31, . receive will , company May on individuals who other certain company thereafter are General $ of substantial a the 2,847,907 1,096,686 728,135 $3.91 paid outstanding 572,055, railway.... $12,758,405 $15;925,472 $15,406,419 $15,407,257 2,986,427 3,883,602 3,770,729 from railway..: 1,518,396 1,202,536 1,478,939 1,553,195 ry. oper. income . 946,513 Net 1953 96,288,952 _ backlog 129,500 shs. . 6,981,517 N. August— and divisions of this corporation Is as the result of delayed action by the military in line with changed buying policies, along with the known reduction in budget for aircraft procurement. Working capital, or net current assets, as of June .30, was. $10,- George J. Daly, Jr., . Outstanding , . 4,133,610 taxes profit per 56,000 EARNINGS income profit A Erie RR.—Earnings— Gross OF 101,158,083 en Shares 1098. p. STATEMENT for fication —V. ' 30— income before Dividends promoted from Daly, non¬ Arizona industry. The Garrett Famous brand lines, many 100 _T Net Shennan, G. in branch a Ore., according as Treasurer was announced Sept. 23 President. .v the position of Assistant Treasurer, takes the Treasurer's duties from John tyl. Biggins, Vice-President, who continue to handle other administrative responsibilities.—V. 180, Election Mr. as the Southwest. in June Taxes addition, Ebasco York City, Chicago, Dallas, and Washington, D. C. New FINANCING 250,000 shs. .. 13 warrants to purchase 56,000 common shares of the company on the following basis: One snare for one warrant and $5.00 in cash. payable to the company at any time not less than 13 nor more than 36 months after the commencement date of this offering. The aforementioned warrants are not trans¬ ferable for 13 months after the commencement date of this offering, - will introduce other nationally known, COMPARATIVE Profit Inc.—Opens New Western Office— 2531. p. (1333)' PRESENT TO value) par underwriter and services that $ Elgin National Watch Co.—New Treasurer— by exclusive stated (10c , house, industrial distributor an •Warrants ♦The McConkey-Docker stock Common retain major lines of tools and supplies handled Supply will Year Ended Net / division, supply President, 908. p. corporation has opened an office m Portland, announcement by F. C. Gardner, President. In an - Garrett, C. competitive brands to better serve division already handles more than 13,182,393 6,430,182 . Ebasco Services This 1 J. operate will by McConkey-Docker and Sales to 1936, 36.924,345 8,738,562 3,933,263 . since industrial ... * Ariz., u Garrett $7,909,296 4,097.255 1,789,855 . income. oper. 1924. announcement, corporation's Garrett Supply them railway..-. from from Net $8,980,543 5,589,366 1,571,628 1— Jan. Net —V. income. oper. ry. From $9,294,547 3,587,064 .' the Phoenix, Co., company. 1951 $6,291,200 .. railway—. from and established in was making Los 1952 1953 1954 August— extensive operations in Arizona, this cor¬ announced purchase of outright ownersnip of 13 Sept. on McConkey-Docker ~ r EFFECT CAPITALIZATION GIVING a..-; • Authorized excess period Corp.—Acquisition— ■rrn ,1* 7 1 Continental Florida East Coast Ry.—Earnings— ' Net from Net ryv: railway 244,260 _ "509,183 ' income—i: oper. $1,910,519 9,662 $1,945,100 railway—— from *; - Net from Net ry. —V. !f *367,690 256,186 84,882' tU' > ; 23,536,879 24,170,220 20,785,251 4,314.193 5,834,282 6,489,801 4,498.948 1,258,296 2,979,671 3,483,121 2,019,851 raiiway.— income— 909. p. here following talk at said: He I registration statement with the SEC on Sept. 28, 1954, covering $12,000,000 of first mortgage bonds, due 1984, to be offered for public sale through underwriters. The interest rate, public offering price and underwriting terms, and names of the underwriters are to be supplied by amendment. Net proceeds will be used to complete the construction program for this year and any balance will apply on the 1955 construction program. 1954 con¬ struction expenditures are estimated at $24,030,000.—V. 180, p. 533. The filed corporation a Inc.—Secondary Offering— Foremost Dairies, - Allen Co. & offering of $16.25 per completion of a secondary (par $5) at a price of announced 30 Sept. on 75,000 shares of common share.—V. 180, p. 1098. r - , said. to ■ Freeport Sulphur Co.—Schmidt Elected a Director— firm of J. H. Whitney & Co., partner in the Schmidt, C. has the board of directors of Freeport Sulphur Co. director and Chairman of the Executive Committee the Caribbean Refining Co., Chairman of the Board of San Jacinto Mr. of Schmidt is and director Corp., Corp., and Wilshire Oil Co. of Texas.—V. a Pipeline Gas Transcontinental of Petroleum 179, p. 1932. sold be said 1954 Net S. and 375,812 $798,671 *484,624 56,429 $317,475 $257,618 $0.89 , ; share (on 357,912 shs. the of large addition outstanding) Net employs approximately 2,600 persons. the expansion was necessary to keep pace with a this year earnings Net income Divs. said He he General Balance applicable estimated ahead of 73% forecasts by GM that assembles and distributes in Sweden and Finland G. A. by produced Vauxhall, Germany, as well as GM's Motors confidence in the of General Mr. Curtice said. i Vauxhall that 179, p. excess tax profits provision through Aug, 1953 31 — General Nucleonics Corp.—Stock Offered—Public of¬ stock (par 10 cents)" $5 per share was made by George F. Breen on Sept. 30. The shares are being offered "as a speculation." at » 1479. Wood Industries, Inc. Builds World's - proceeds from the financing will be used by the to purchase, inventory and sell manufactured products of companies which are represented by the corporation; to in¬ the company's manufacturing facilities and to establish a Bulldozers— The bv this E. B. The largest bulldozer blades ever manufactured are corporation, according to an announcement Vice-President in charge of Sales. being produced Sept. 27 by on giant dozers have moldboard a measuring 5 ft. h'«*h and ?4 ft. long. Each dozer is mounted on two Allis-Chalmers HD-20 crawler tractors, the largest tractors in regular production today, which have been welded together to operate as one tractor to supply the power needed to move the many tons of coal handled by the dozer, • Two the of the American Valley Electric big Gas twin dozers & Electric Corp.—V. 180, have been Service p. 939. purchased by and two Corp. > ■ companies of by the Ohio general service. corporate The balance of the net proceeds will purposes. BUSINESS—Corporation owns all of the issued and outstanding common stock of its three operating subsidiary corporations, namely, The Atomic Center for Instruments and Equipment, Radiac Co., Inc. The Atomic Center for Instruments Inc. is a sales and service organization, distributing nucleonic and radiological instruments, equipment, and accessories A.tomlab, Inc., and Hill, isotope for the Inc.; and between Inc. - under Radiac Co., instruments materials. 292,359,627 939,141 385,000 income 8,951 254 4,425,000 11 084 333 1,208,755 $0.14 taxes 2.468,755 1,260,000 554,141 taxes come Federal Net profit $0.47 4,526.2r4 $2.02 5,538 333 $2.53 5,546,000 ♦ share— those of leased departments. York branch of Saks Fifth Avenue was Westchester-New The and 4, Aug. on com. per Including opened Branch of the Gimbel-Miiwaukee store the Southgate Oct. 1„ The operations of both these branches will be reflected in sales and profits for the second half of the current fiscal year.—V. 178, pi 1160. ' was to scheduled open on Co.—Proposed Consolidation— Rubber Goodall voting common of Holders stock and class A common . stock will, on this company and The agreement, under which Goodall Rubber Co., had the two companies. Subject to approval of the stockholders and of appropriate govern¬ mental authorities, the merger will become effective Dec. 31, 1954. Present capitalization of The Whitehead Brothers Rubber Co. con¬ Oct. 7, vote on a merger agreement Brothers Rubber Co. The Whitehead between merger corporation will be known as earlier been approved by the management of surviving sists of 71,234 of Goodall shares Rubber Co. which will of of now $10 owns be cancelled par value common stock outstanding. 50,082 shares of Whitehead common, all the merger. The remaining shares of upon common stock will surviving corporation upon Whitehead the be converted into class A exchange of eight shares Goodall for each seven shares of Whitehead. Outstanding capitalization of Goodall currently consists of: 1,588 shares of $100 preferred stock; 95,856 shares of $5 par value voting common stock, and 22,492 shares of class A common stock. All of these shares will be exchanged for, a like number of shares of the same classes of stocks of the surviving corporation.—V. 177, p. 2678. of class A common of The Equipment, British, Canadian and American manufacturers. Atomlab, Inc. manufactures its own products and also sells under the Atomlab name, products which are manufactured for Atomlab, of $ $ $ 124,004.674 130,105,748 280,318,264 Profit before Federal in¬ common used 1954—12 Mo..-1953 1S54—6 Mos.—1953 ♦Net retail sales outstanding be Largest '/ $ other radioactive Gar stock dividend paid reflect the 50% (& Subs.)—Semi-Annual Earns. Gimbel Brothers, Inc. Period End. July 31— and fering of 59,500 shares of common crease previously amounts from have been adjusted to 1954.—V. 180, p. 909. company ♦Includes V. • . reported to reflect additional toll revenues received at various times during the year 1953. tFor purposes of comparison, average shares outstanding for all the PROCEEDS—Net share. • Opel will produce 40% more cars and trucks in 1954 than in their best prewar year, and that new expansion programs will make it possible to increase their combined output by a further 72% over the next five years.—V. 180, p. 1098. reported com. per •Restated cars Ltd., of England and Adam Opel American car and truck lines. future of the automotive market in Sweden and Finland—and particularly the market for Nordiska— has been reflected in GM's authorization since June, 1945, of almost 14 million kroner for modernization of Nordiska plant facilities and trucks and com. outstanding stock Earns, Earns, 1954. Nordiska GM of shares 149.545 : to stock— common tAver. • of the Swedish-Finnish "further broadening" was in v% Tel. Corp._— May 15, Overseas experts of a market. He disclosed that by 1960 the GM Nordiska A. B. volume will be concurred of, the of broadening" ; ;___ pfdJ, stock on periods Swedish-Finnish Market— Broaden deductions- etc., Int., now automobile market in Sweden and Finland was predicted on Sept. 27 by Harlow H. Curtice, President. As evidence of the "new productive vitality" in Sweden and Fin¬ land, Mr. Curtice cited the fact that the two countries now are absorbing cars and trucks at the rate Qf approximately 142,000 a year—3y2 times the prewai rate. Sweden itself, he noted, is buying cars and trucks this year at an annual rate of 128,000. $0.72 taxes income construction 24,863 67,505 Canadian income per $773,808 $760,792 — U. for Depreciation Earns, $749,008 income income Total Provision 1953 11,784 Operating profit before provision for U. S. and Canadian income taxes and depreciationMiscellaneous begin to the three nations in to "further A He Three Months Ended Aug. 31— . expect Continental Curtice offices, (& Subs.)—Earnings— Gamewell Co. conference before "We GM Plans it Benno news a growing automotive marketJn Belgium. Luxembourg and the Netherlands. He cited estimates that by I960 the Benelux countries will provide a market for 166,000 motor vehicles, 26,000 more than are expected stock ' been elected a member of at and we hope to have the additional capacity available !to us by the middle of 1955." ' »' • The new program will increase GM's investment in the Antwerp plant to over $20,000,000. "This will result 1n the additional employment of at least 800 workers," Mr. - plans inspection tour of the Antwerp plant and a luncheon key executives of GM Continental, a General an Antwerp ' Corp.—Registers With SEC— expansion Motors subsidiary. he Florida Power the announced immediately . 22,188,695 railway oper. 180, *141,775 53,976 ; From Jan. I— from $1,750,451 $1,866,836 , Gross 1951- 1952 1953 1954 AugustGross Curtice Mr. 40 and 50 Atomlab; Inc. is for the specifications on a sub-contract basis. The supplier of atomic and geophysical prospecting of uranium, oil and other strategic Inc. a prospection * (B. F.) Goodrich Co—New Tubeless Tire— the same price as a standard tireand-tube combination was announced Sept. 27 by this company. According to J. A. Hobnn, Vice-President of the company's Tire and Equipment Division, the new tire, called the "Safetvliner," incorporates many of the safety features of the Life-Saver tubeless tire, its pre¬ mium counterpart, except that it has a different tread and does not Lrkin wOflrotoH f At* TPlll/lf'P* A new tubeless tire selling T for A .4 4- r. fT 14 •7 (1334) ment the Safetyiiner use, than More prepared 30,000 The tire, tire introduced been issued aircraft for Ended and tax seven types some years BPG, to also ry. Gross 1954 Net ry. income. the — amortization Estimated Federal and liability for Reserve of income per of the 19,662,000 37,335,000 tion B. B. Rubber 1954, purchased Products Goodrich P. Co. Sponge of of 11,505,617 assets closed. by from the sale types motion on the picture One stations. series is Is 179,400 over the of television show handling the to located is in Waterville, Quebec.—V. 180, these will shares which "Connie the film site for this company in Brazil near the W. Litchfield, Board P. plantation Mr. been River gateway Amazon Chairman, has anonunced purchased principal which handle "Its' Fun not are the are in yet "Conrad by than per 27. The work will be carried due years, Mr. to sharp a Litchfield supplier for increase full cooperation establish to in its the with shortages new company's will plant tire become eventually in Brazil and pile" of rubber Philippines to and Costa Rica, Indonesia.—V. Gould-National has Goodyear 180, sales Net before Net 1954 taxes for income on Fedeml - taxes income on profit Dividend preferred on stock Amount earned Earned on shares per ♦Giving p. 909. basis )_. to stock dividend $0.95 April.—V. be of of include dis¬ The to Par Value stockholders increase this Employees from Life Co.—To Oct. $1.00 to 29 will $1.50 consider the and value par vote upon sold authorized stock and having a canital of Co. stock the of value par consists $1.00 of of 200,000 share, per all capital shares of in the will the operations, in company capital few the management number a of the possess next Grand desires additional States, of $300,000, Trunk With 178, Net from Western Net ry. than and the of company $3.35 a unforeseen granted Net ry. paying —V. Grand voted to other Also $0 86 share of last Mr. eitra Hammond dividend later in that the to increase an 180, in Union 711,647 *6jp21 *122,071 ago. the companv share 36,532,000 9,715,866 5,264,443 6,478,586 4,437,133 634,774 Co.- -Record net —V. Quarterly Earnings— 88 requirements last were will for have each the five right shares 715,433 with year. Aug. 180, Oper. or were 75 shares cents $1.43 this six-month $1,306,129 share per period were a $9,348,700 $33,237,200 income 7- 6,372,100 *1953 taxes a or share year $1 65 per $845,700 $3,020,100 155,100 462,800 $0.69 $2.61 $2.20 $107,909,243 & (one it' cent per 20,000.000 share! Code, corporation of but the is At with from charging 30, the $16,747,712 a for fixed 8% only 1954, normal stock 30, 30, there shares 30, 1954,;. The decline earlier. at the down were annual were 2,316.847 June at to Cash year. June 1953. continued 1954, 2,316,164 at Receivables asets. were amounted previous year from June June with June Government Securities S. common share. at $4,247,179 U. compared rate 30, ,1953, shares ended June 30, 1954, thereywere 1,050 shares of by executives pursuai^io stock options pre¬ under the corporation's stocR1' option plan. There at June 30, 1954, 117,315 shares reserved for issuance under year purchased which of options for the purchase of 117,090 shares had been granted but had not been exercised.—V. 179, p. 1480. result of improvements in refining . marks first the Inco's commercial entire cobalt production has output of electrolytic been cobalt marketed in oxides as ' advantageous. e.ectrolytic Manhattan & RR. for process $835,620 $828,560 $8,907,023 the > production 1,323 9,885 of ccbalt $410,643 128,663 1,027,511 was 70,058 560,467 developed $151,512 $1,177,335 . interest - adjustment on company on Sept. 29 filed covering 14,89a.- shares of first value par income bonds.—V. of the W. T. 5,365,928 '' $b.58 Grant w" mergetl int° the ' Realty $0.88 shares -through filed of 180, letter common of stock notification to be with offered at the par for a registration preferred public statement stock sale (6■% through p. $32,613,231 15,944,636 19,417,711 ry. oper. $1,443,382 tion f and and in of development the crude It to cil and the general be stock used of available prospective purchase, marketing - to proposes its of production, funds; to Gates on to drilling the add the " the Neb. The purchase City at Steel market. additional by • for and sale, with Emma income oper. 180, $1,421,626 $11,666,245 $13,195,520 665,:|16 735,669 5,034,778 5,709,202 crude letter & proven oil and transportation of asphalt of this and public amend¬ acquisi¬ gas and other approximately $500,000 par outstanding shires of Works, Inc., of Omaha, petroleum The balance of the financing such proceeds proceeds prior preferred to the is to be filed was stock common with the 19 (par SEC Sept. on cents) be to 20 covering offered at the share) through George B. Wallace for the account of Eugene O. Kronisch, President of 178, per 2306. p. - - Funds, Inc.—Assets Higher— Keystone Income Preferred Stock than 10%. in Aug. 31, its 1953 of money Fund The dividend rates of share per 1954, net annual asset rate in fiscal higher and preferred Fund stocks 1954 prices as a K-l value report also reported during noted the that gain a fiscal the Fund of year more ending maintained respite the fact that further easing generally reduced the rate of had whole. Total assets, etc. of follow: the K-l ' leases, refining stock of of company.—V. extent applied development ' of— As Total net Shares preferred notification (approximately 35 cents Co., New York, • . the of shares market .return in oil, v 1209. p. Kansas Oil Co., Inc.—Files With SEC— A the wells of the company's acreage County, Texas. The company in 1954 acquired Gate City Steel Works, Inc. ' This company and its subsidiary, Gate City steel, Inc., of Boise, are en¬ gaged in steel warehousing and fabrication. Husky Oil now has out¬ standing 35,101 shares of preferred and 2.337,900* shares of common stock. ry. Keystone Custodian ; proceeds and from rev. ' underwrit¬ ' in exploration engaged 1954—8 Mos.—1953 $27,610,881 2,614,899 —V. 816. cumulativean supplied company is products. compa^ °n offered , Corp /avenor-Cayias, Inc., Salt Lake City bC USed l° P&y expenses incident Viningeac"fvities?Ce^^^rJ^) a be ment. in 20 to ing group headed by The First Trust Co. of Lincoln, offering price and underwriting terms are to be 2,950,000 2 417 833 $100), 1954—Month—1953 $4,036,525 the *1953 Southern Ry.—Earnings— 1,935,642 25,000 of 1933. p. $3,379,024 Net $1,030,974 income •Exclusive company.— expenses 560,457 $153,811 the revenue.. 1,032,671 70.058 by $562,164 128,502 studies oper Net 9,876 $47,209 plant oper. .' 1,333 pilot Railway $552,288 $39,749 and Railway $7,025,200 $400,758 — research Period End. Aug. 31— - -1954—8 Mos.—1953 $45,886 SEC 1954 179, August Earnings— 1954—Month—1953 extensive Kansas City an increase Exchange Commission— covering Revenue the compared stock Inco's V. $38,416 com- Great Chief Uranium Co., Salt Lake City, Utah—Files With Securities and .-EC is after 910. p. •Income charges $2,415,928 , operations Sept. of salts produced at its Clydach, Wales, refinery. Through its new the company makes available a high purity cobalt which is a fitting companion to its electrolytic nickel. This electrolytic cobalt will be particularly valuable in the manufacture of alloys where high purity 6,472,912 may on sched¬ is aggregate Necessity issued by the Federal an process 420.000 $0.81 6,506.265 Deficit 2 431 683 share COI"Pany plant at accounts. decrease on Heretofore $2,572,800 152,700 , 782,674 ago. 3,697,493 « SIvUl?Mla[,y'9?9hlCh , facilities granted This 3,426,900 797,204 Gross on $1882.493 include chemical year. elected, for tax purposes, to amortize the certified over a 60-nionth period, as permitted under short-term the Y., various Canada, he added. per 2,015,000 __ taxes—. outstandings^ figures N. fiscal new constructed Internal its in per Calif. facilities the a expansion Jose, techniques, this company has production of electrolytic Cobalt at its Fort Colborne, Ont., refinery, Ralph D. Parker,> General Manager of Canadian Operations and Assistant Vice-President of the company, announced on Oct. 1. ' 5,999,700 3,352,000 taxes com- $132,991,307 $128,176,257 T earnings shp.res has an San and 1,902,600 $948,100 expenses The /Ommon $1.60 As a $28,459,800 1,056,900 The I profit before Federal income rovision for learnings It at Clarksville, Tenn., and a The enlargement and moderniza¬ Falls, the included plant at initiated 1954—9 Mos.—1953 989,000 cents of Earnings- July 31— Federal additions plant International Nickel Co. of Canada, Ltd. — Initiates Production of Electrolytic Cobalt at Port Colborne Plant Subs.)—Earnings Up Operating income Non-operating income- . 28 (W. T.) Grant Co.-Semi-Annual j $2.90 Canada, Husky Oil Co., Cody, Wyo.—Registers With SEC— 6 Months Ended 3,389,987 $2.87 glutamate) Wis, Niagara during has capital specifically to share— com. Significant expenditures inventories were up remained held. dividends— per 3,660,511 $2.44 fertilizer a reflected options, common 1,937,100 income— 393,320 3,704,902 stock— monosodium were $10,229,264 while During 1266, (& $6,653,251 393,320 share-— lacilities. (pure such of and common Federal ft to $1,005,014 sales^for the on compared IdT8'7—'V^ l98085p881105r the Same SlX m°nths 0f 1953> Net of . Co. $11,011,900 Period End. Aug. 31— Gross operating revenue profit outstanding with retail 1954, p, $7,030,176 393,320 common completion $31,191,183, year." with preferred compared 15, $42.50 179, 100,000 955,000 910. p. 1954—3 Mos.—1953 income— on Hudson P^sently outstanding, shares at 2,925,000 100,000 taxes 2,464,020 Earnings for the six months Record Net 38,132,000 1,057,358 a Sept. on share 1954.—V. taxes taxes Earns, of $693,776 for the three months $565,090 in the corresponding quarter This is the highest quarterly earnings record made bv in its 81-year history. This is equivalent to after 611,504 42,886,000 6,515,953 reports 2Q, Electrochemical before income Fed. $4,601,000 909. p. record 2,750,000 95,000 $9,678,251 cumulative International's balances the 354,221 309,861 compared 28, per fchare Hooker 1951 1,097,234 , 130, of Oct. on corporation Working of the assets —_____ Aug. 31, '54 Feb. 23. '54 Aug. 31, '53 $39,820,932 $37,241,826 $35,226,773 2,135,112 2,112,321 outstanding—— Number -Income of per Value per 2,162,522 shareholders^ 20,309 share—. $2u3,120,71)0 on 19,800 19,697 $0.44 net assets Sept. 28, of the 10 $0.44 $0.44 $18.^1 share_ The combined ' $17.44 $16.68 Keystone Custodian 1954.—V.„ 180, p. Funds totaled 1000. Field.1 Andrews Approximately 69# of the outstanding common and 22% of ' $84,570,447 excess plant at Janesville, depreciation Paper Co. of Canada, Ltd.—Rights— additional one Preferred company year for provisions George S. authorize " 1952 $88,837,456 $9,880,176 cost of $19,462,218*' under Certificates of I said Subs.)— 1953 r $7,113,979 : .471 common Government. equal those of fiscal net profit;' after taxes, year."* . that of portion partf v 1954 $93,591,934 (no income on Ac'cent The $641,548 in :"V" $6,043,979 taxes completed - uled not may hope occurs, an per * $0.81 (& 20,000 existing the •of - .. . $604,146 said 10 ' Capital expenditures of the corporation in the fiscal year ended June totaled $10,745,566, of which $4,107,078 was included in the Bonnie and Carlsbad plants. The remaining $6,638,488 was used to construct plants, to acquire equipment and to improve and enlarge 1953 : 1,000,000 shares.—V. Dauch & expire Profit 1952 1, 882,301 : . stock— refractories year elected 24 Period End. Aug. 31— Net sales—_________ $4,576,000 38,339,000 Aug: ended the Sept. on Shareholders —Earnings— 1953 4, 200,892 1;915,907 , 30, J954 largely from 500,000 Rights over 464,184 income oper. •Deficit. The RR. 3,860,769 taxes—— paid Earnings company *251,069 railway, railway from the program 25, 329,817 303,706 . 21,149,632 30— June paid preferred Dividends Reuben 59. shareholders purchase 1— from Net amount 321,230 24,877,459 206,410 - earnings— Dividends % viously Ilinde for licensing 627,122 High—Earnings Lower- Federal outstanding the $5,243,000 income..— Jan. its $3 425,356 - (Income income Net Van closed, according to underwriting group. See Sept, 1951 ' 487,165 292,863 _______ Deferred books on 1952 > $2,997,031 410,469 profits tax) stock common 1954 President, the something directors stock require $4,466,000 railway. oper. Prom Gross railway, that of for expand licenses which Income— sales .Other p. ' p. of To of 1953 $3,054,148 348,607 Earnings beiore income taxes — issued obtain to some RR.—Earnings- $2,617,424 railway— Ended Federal of options — "anticipates 481. p. 1954 from Net capital requirements necessary years.—V. August— Gross a of District Casualty Co. to share through Jack Walden, 79 Commerce St., The proceeds are to be applied to insurance reserve operation 01 an insurance company. 1954 oper. dent and General Manager. Former Board Chairman R. Verne Mitched, who has recently relinquished a number of his corporate responsibilities due to ill health, was elected Honorary Chairman of the Board. common are 1 per railway—— railway—— Dively,. President of the firm, to be Chairman of the Board and President, and elevated Opera¬ tions Vice-President George C. Houck to the new post of Vice-Presi¬ In¬ stock of which Virginia. company's paid-in for from Years outstanding. The company is now licensed to do business Columbia and the States of Maryland and the ry. , the 180, bank program. Montgomery, Ala.—Files-"* International Minerals & Chemical Corp. Debentures Sold — The convertible secured debea- _ Hammond, 180, The stock $3 from from 7# company. The at Sales at New Hayutin Organ Co.—Quarterly Earnings—, company proposal a X , Pro¬ $9,500,000 of . named. company.—V. & —V. Of Shares— on ; -25,973,970 Net fromrailway—2,990,689. 4,492,025 Net ry. oper. income.— 1,647,506 2,630,856 —-V. 180, p. 910. , V 7 - 180, The Insurance pijepay Issuing Corp. on Sept. 20 filed a letter of notifi¬ SEC covering preorganization subscriptions for 100,000 stock (par $1) of International the Dividends Government to From Jan. 1— • to _«■ common surplus Gross ?/] Harris-Seybold Co.—Dively Also Chairman— crease of Net $700,000 shs. > Marvin to shares 8, Outstanding ' • 30,059 exercise the $299,000 6% been more Unless 685,570 last "• "Although sales for the current 1953-54, we haye every reason to $652,376 718,500 declared not upon President issue Laurens 32,324 $0.84 lOO'/c used aplied to the company's construction August— 1 stock.____—_$602,986 (new does Net profits Earnings per share $684,700 share common effect common outstanding with tion will ♦Common \ issued including the introduction Co., the underwriter above & Hammond 820,134 24,408 - be of > International Gross $210,268 Quarter Ended June 30— $627,394 requirements be to are balance 1208. p. Net FINANCING 1,000,000 shs. to Co., head of the details in V. 180, p. 1105. 1953 679,677 5, 1954. authorization H the issuance has Harrison $14,876,828 $15,009,633 1,307,071 1,504,834 — Provision the in Oct. on International Great Northern full as table for entire tures Inc.—Quarterly Earnings— Quarter Ended July 31— Net plantations shades Gulf Coast Western Oil 1105. p. Batteries, rubber financing the offered 'and a .V,. addition Noel Kaufman, may plantings which would help provide a "living stock¬ readily accessible to the United States in times of emergency. In PRESENT Authorized 10,000 of issued be above reserved Paulo and tlncludes company The usage. plantation Sao 180, be short-term notes having maturities of not more the interest rates thereon vary from Vfc to 6% are completion will the to recent stimulate additional TO value 10c)___——_< (par months Alstyne, growing in (EST) a.m. pre¬ York Montgomery, Ala. new financing, 10,000 shares of common paid and non-assessable to Marvin Hayutip of Denver, Colo, (which shares Mr. Hayutin represent he will acquire for investment without any present intention of resale), along with payment of the sum of $10,000 in cash for financial services rendered Brazilian rubber own rubber severe EFFECT following paragraph). * stock R. the" said the in on attempting encountered 6V2 Upon first in Government, which is industry. Brazil has GIVING ; '• annum, (see said the new plantation will be developed gradually plantings will be experimental. Experience Goodyear developing blight resistant and high yielding rubber trees on its 2,500-acre Costa Rica plantation, which was established in 1935, will be helpful in the new Western Hemisphere venture, he added. the had this with The Nagel .• 11 the office New $2,000,000. of shares current Reduce." To purchase Its first mortgage bonds preferred stock, par value of cumulative St., before cation Ljberace, which is both The Liberace program series than any other television shows will and notes Common stock Litchfield and lias amount its 01 International Casualty Co., . entitled • to world trade, Sept. on princ.pal ■ •The bank notes rubber a President, invitipg sealed, written proposals for the 40,000 shares . •Bank 11,000-acrc Y., V. nation-wide exhibi¬ for company's stations Other company Haines," CAPITALIZATION ... Goodyear Tire & Rubber Co., Akron, Ohio—In Brazil An Nielson, proposals for the first mortgage bonds and for stock are to be presented to the company at the Gas & Electric Service Corp., 30 Church notes, be television show, the company currently shows "Life With Elizabeth," "Joe Palooka "Florian ZaBach," "Guild Sports Library;." Show." Radio tribution 721. p. E. ; company has received SEC to issue and sell at competitive bidding $16,500,000 of first mortgage bonds, due 1984, and 40,000 shares of cumulative preferred Istock, $100 par, and to issue and sell to its parent, American Gas Vfc Electric Co., an addi¬ tional 43,000 shares of its no par common stock for Liberace the following Laine," "Frankie "Liberace and latex foam products, expanded plastics products, and chemically-blown cellular products and man-made rubber. Manufacturing plants are in Shelton and Derby, Conn., and 'a subsidiary Glenn p. .999. share. The v Theatre," enterprise, to be known Division, is an important television more series. Story," business for by 180, Michigan Electric Co.—Bids Oct. 5— is $16,500,000 and per ceeds of manufacturer and distributor of Canadian N. ; proceeds tetevision addition In $4.03 Conn., held are family.—V. .Separate of loans from banks, payment of factors loans, loans from stockholders. The balance will be added of exhibited 5,430,915 and of 1984 $100 payment various program This Products 35,376,28.1 12,071,811 due 158,428,733 33.580,234 Co., Inc.—Stock Offering Oversubscribed produced and distributed by the company. 16,874,655 $4.33 the Shelton, stock. common Goodrich F. stock— common 13, & company it ferred Films the program 1,000,000 — , . share of Aug. on Sponge /hares as on 13, 127,489 income— 158,910,545 BUSINESS—Company is primarily engaged in the business of producing and distributing low-cost, high-quality television program of L__ 171,869,992 42,599,434 16,163,434 35, 318,308 909. payment series is paid The 6,194,518 income—18,232,853 common stock ;6,728,650 Estimated of 915,075 ; cost „— company, The working capital and will be used (or the payment of other liabilities and for the financing of future film productions. :_ * • 43,460,454 864,164 estimated of Dividends The 45,869,293 7,720,645 „ replacement facilities Balance Indiana - 2,524,275 to foreign income taxes and increased 161, 325,462 railway———; p. books for and 246,125,230 refinancing costs^ renegotiation for 351,904,932 213,766,213 products sold Selnjig and general administrative expenses Depreciation and leasehold amortization and 4,144,463 from PROCEEDS—Net 1,519,139 306,115,168 — of Interest 3,296,741 —Offering of 250,000 shares of common stock (par 10 cents) was made on Sept. 29 by Van Alstyne, Noel & Co. at $4 per share. It was heavily oversubscribed and used st 3, 353,996 railway—_ oper. 180, Guild 1953 1,179,880 his American 304,935,288 350,385,793 —_____—_ from from —V. and excise transportation income preferred of members .1951 pro¬ INCOME ACCOUNT deducted!— Total 1952 t income— oper. Net vehicles. farm outstanding and 1953 * Six ago. which of 30— ' June saleSllvtiiscounts, Net Other 1954 railway—w $24 ,332,143 $25,106,149 $26,997,337 $23,268,687 railway— 8.423,834 7, 717,723 10,384,148 6,688,439 from Net now producing the new the company has sold more than since the first commercial tire- this company by CONSOLIDATED Months jthe Ry.—Earnings— Monday, October 4, 1954 .. from Net the plants in five States are patents have tires tubeless Six sizes, Gross From Jan. 1— was tubeless duces Great Northern country are available in in to Mr. Hoban, Life-Saver tubeless tires 3,000,000 on August— the11 across the Safetyiiner, which is all popular passenger-car service sidewalls, according without-a-tube basic retailers said. company's tire and, standard original equipment be ' and white and announcement ' also Goodrich P. B. install to black both will automobiles, 1955 many The Commercial and Financial Chronicle. (James) Kilburg Corp., San Mateo, Calif.—Files— The SEC ($1 corporation covering per on 100.465 share), Sept. 20 shares of filed a letter common without underwriting. additional working capital to continue The of stock notification to proceeds be are with offered to be at used the par for manufacturing operations (Diala- Volume 180 phone, Number 5365 instrument designed an telephone numbers) —V.' 178, The Commercial and Financial Chronicle r, . dial to automatically 387. p. frequently \-.v : - called Mr. Net from Net ry. from Net from Net ry. —V. 1952 $764,836 500,282 $716,702 462,817 470,990 1£6,637 230,932 235,761 215,697 railway income Prom Jan. 1— Gross 1953 237,899 railway..,.- oper. ', . ; railway.—,— income.— oper. 910. ' ■ • 2,945,355 651,122 1,197,158 273,716 495,721 '■ ; Nine Months Ended July 31— sales Federal before Federal taxes Net Earned " ■_ 450,338 490,338 $0.29 $0.78 Lamb Electric Co.—Elects Officers— total a of of Election Richard of and H. to ant Mr, has been Now tion who has Vice-Presiaent. a in Lamb 40th its Chairman. to > - this year, President been ^ products, Lane The Six Months Ended before Federal income Net corporation ' * Dividends Reserved for shares Common Earnings per t-v. p, 180, needs future 1954 1953 $31,994,218 2,020,000 685,000 and 1,250,000 $775,000 (com. $770,000 3J5.432 372,826 379,568 397,174 712,920 669,871 $1.06 $1.11 . pfd.) ————- outstanding at end of period share common iooo. —- ; . Augusto— - from Net ry. V - . from Net from from, railway Net ry. — income oper. 180. 910. p. 5,256,499 1,503,320 1,038,805 ' 1951 $828,988 343,386 179,071 5,730,904 2,122,194 5,529,622 2,032,526 1,228,565 Frank ; 1954 1954 $5,712,503 Gross from Net from Net ry. railway— ... 1,055,989 income... 509,327 railway oper. 1951 $6,974,636 1,531,506 7p2,287 2,190,119 . 1,093,118 with Gross from Net —V. railway— 43,051,947 51,346,258 7,397,871 13,040,701 income.— 3,119,261 7,0j6,812 oper. 180, 51,412,427 9,882,672 4,608,623 50,530,825 12,763,510 6,a82,7d0 - 910. p. Products Domestic (& Corp. Subs.)— Highlights of Report— *VW Ended June 30— Skies Net Profit Net 1954 1,727,538 2,255,355 672,000 1,050,000 $1,055,538 $1,205,355 489,332 '. Z ... outstanding Earnings per share.. ' POSITION FINANCIAL JUNE AT $2,238,337 ernment Current assets Current liabilities before —„ 1953 ■ / $9,718,186 $10,128,451 2,956,614 3,558,317 ; — _— ' , of Provision the $4,000,000 the of at full to and to i Is the to of in are time present advance time last capacity to meet The assets to.l. liabilities — 2.8 to T $12,880,737 —3,941,614 4,901,023 $8,420,492 $7,979,714 to--—.—6,420,492 5,979,714 — ___. 3.3 to 1 $12,362,106 liabilities.— to-current assets current has company of in with use, a Laboratory maintenance. 'Research and at with gates and total 1954, 30, now of Profit retained —V. 178, the in (net worth)_— business. ; - 1987. p. letter of notification with the SEC covering 9,623 shares of common stock <par $16%) to be offered for subscription by common stockholders ■ of record Sept. 1,* 1954 at $26 per share on the basis of one new share for each 19 shares held; company Sept. on filed 22 k rights to expire on .Nov. 2, 1954. The pruc ;ed; will be used for working capital. No underwriting will be Involved.—V. 178, p. 1570. $12,- our its operations into the is carried being the purchase approved out on of Common Shares Sub¬ & Co. ing on and Farwell, his bearing to name, direction and templated, Mr. of continue in change said. Dunn Both as of all of the out¬ directors. subsidiary, of wholly-owned a President inc.umbent immediate no board Magnecord the will Laboratories the under Davies, and :. . Gomer personnel will retain companies L." is con¬ their corporate Founder, management ' The purchase ; •' . 1954. Directors of 1954. The transaction involved an exchange of stock in the ratio of six shares of Davies stock for one share of Magnecord. Davies Laboratories approved by Magnecord directors on Sept. 8, Davies Laboratories approved the sale on Sept. 14, shares of shares offered were stockholders at to $27.50, with rights to purchase expiring Of common stock. price a of Sept. 28, 1954. on these, 58,983 shares were subscribed to by the exer¬ approximately 97% of the total number offered.—V. 180, p. 1106. cise of rights, or was shared 63,000 cord had issuance In 26,732 which were exchanged for a total of stock. At the time of the purchase Magne¬ of stock outstanding against an authorized of 200,000 addition five the to to authorizes seven 1946, Maryland. in volume suburb a modern 1 and in Chicago operations which manufacturing leased two in Inc.,' located plant two-story at 4705 For amount of contract work in a backlog of approxi¬ mately $850,000 in orders or. its books. Davies Laboratories is currently engaged in custom contracts for the Air Force, Army and Navy, and for certain private organizations. Its work is divided about equally $600,000, with about the same process. As of Sept.' 15, the company had classified and contracts.—V. non-classified Nashville & RR.—Bonds Offered—An derwriting syndicate headed by White, Weld & Co. and Salomon Bros. Hutzler & Oct. offered 1 $30,350,009 of 3%.% first and refunding mortgage- bonds, series I, at 99.17% and accrued interest to yield 3.41% to their due date, April 1, 2003. The issue was awarded to the group at competitive sale a A 3'/2% a naming The ment The a & offered coupon, Co. Fd group bid Inc., by Morgan 100.41999 Stanley for & bonds Co., also 100.35. will apply the proceeds of the offering to the retire¬ mortgage bonds and to reimburse its treasury for expenditures made for addtions and improvements. including sinking and divisional new bonds April fund are At are redeemable 1960, 1, callable to at par at prices after prices scaled April ranging 1, from from 1995, 102 to 104 and to for par.-ML 179, p. 2809. Beard Reelected — Three New Vice- Presidents Apptd;—Total Assets Now Nearly $3,500,000— The stockholders reelected the Hoffman, at the recently Robert Oscar Miller, Three new following as members held of annual the meeting unanimously board of directors: Max P. Ludwig, D. E. Bradshaw, Robert R. Hoffman and who in turn renamed Max Hoffman as President. Vice-Presidents have been appointed by the board to join .... per 2,422,760 $15.95 2,459,652 — share $20.98 . 1954, the Fund had 17,551 stockholders.—V.^ISO, p. Telephone Co.—Earnings— 1954—Month Bankers for redemption debentures of Included series Trust in and debentures at trustee, payment New Nov. corporation (now Olin the redemption are debentures York, N. Y., has drawn 2,106,826 1,662,611 899,775 861,382 6,968,280 6,484,177 2,299,017 1,870,760 14,903,144 14,352,361 2,054,786 1,632,652 13,424,708 12,815,893 Net operating after —V. ! taxes taxes oper. income charges 180, — 1954 total of $419,000 of Mathieson Chemical Corp.). Exploration Corp. (F. H.) the for the Cape Breton, N. S. of finds "Important discoveries trenching Vincent says Mr. S. earned Strike, awarded Co.—Earnings Higher— half -of constructors, announced 1954 were $67,890.; In the four $42,969. President, stated construction contracts and that the company's backlog is are with A. C. Lawrence contracts Co. of America and Hamilton that on Sept. 16 first half of ' the company has recently totaling nearly $1,500,000 The new Aluminum United Aircraft approximately $30,000,000. Division Standard of a concession northern half of the have lower of grade grade - market, of time, carried out by miles 6,146 least by added to the suggests large either or a in Breton, Cape very N. S., parties estimated airborne of were "three reported more select and and the a program most work of that At summer. seasons' • will promising be min¬ . the first of one was concession which prospecting begun early this was that adequately traded on the un¬ magnetometer and mow from the Nova Scotia government. occurrences ground explore to when financed, but the million-acre on mineral Vincent Mr. weeks President, .-v"'/ - surveys 14 examination two Vincent, last month discoveries the company had previously .acquired total past ,. then privately Minex, scintillometer ore, reported corporation's 1953, listed the Norman one. this of follows;. as In in made grade deposit in this section of Nova Scotia profitable high Background been to 36% that this high-grade tonnages large medium A roughly acres "or pitting," states zinc." and running up assays indicated is million one island. "with a this corporation which holds reported by are approximately the and most promising finds, likely deposit has been reported at Cheticamp, strong indi¬ Rocky Brook of copper, lead, gold, silver and zinc and goodat Ingonish, Glen Gray and Gold Brook, the com¬ one cations at looking discoveries Minex reports. pany also that its states technical staff anticipated a probable six additional discoveries by next year. To date, approximately a quarter million has been spent on the Cape Breton make in exploration and the company originally said it was prepared outlay an mine a . in that times four to up mines or Nova Scotia. amount in Minex its holds a efforts variety to to bring of other mining properties and interests across Canada as far west as British Columbia but is concentrating, on Cape Breton as its major undertaking. —V 176, p. 510. Missouri-Kansas-Texas August— Gross ■. from ry. 1953 1952 • 1951 . $7,119,426 $7,018,063 $6,513,972 1,521,280 railway.^.—— 1,820,486 1,941,165 1,546,962 801,128 892,448 498,262 58,543,652 55,550,039 50,416,417 16,624,464 15,409,478 10,700,330 6,740,356 6,330,438 3,799,331 728,619 income oper. RR. —Earnings— 1954 » $5,997,239 railway from, Net From Jan. 1— Gross from Net — income— oper. 180, 48,766,365 10,996.807. 4,762,5.90 railway, railway._ from ry. —V. 1209. p. Missouri Pacific RR.—Earnings— i954 1953 1952 1953. $17,920,015 $19,082,936 $20,273,362 $22,042,895 3,949,547 2,838,421 4,528,916 5,374,20 Net ry. oper. income 2,334,889 1,606,599 2,300,802 3,041,50'f From Jan. 1— / Gross from railway—— 140,367,339 160,945,342 160,341,128 154,344,Jl'!) Net from railway 27,755,535 32,074,890 35,758,332 28,200,20'. Net ry. oper. income— 14,210,069 17,042,767 17,959,522 13,734,0K'J August— from Gross from Net railway railway— Swift Division & of Co., Corp. Although some units of the huge atomic plant building for the AEC at Paducah, Kentucky, are August, 1954, was $1,403,907, compared with a net income of for August last year. For eight months net income was $7,~ $541,405 with compared 283,510, a net income of $10,633,486 for eight month j 1953. of Gross revenues August, for 1954, totaled $23,859,660, compared wi%i for August last year, and for the first eight months, comnared with $216,691,569 for same period last year. 1954, amounted to $18,767,910, com¬ months wa.j pared with $21,621,630 for August last year and for eight compared with $172,815,022 for same period $151,591,749, V. last year.— 180, p. 911. Monroe Auto Equipment Co.—Earnings Declined— Operations of this company during the fiscal year ended June w^re affected by adjustments in the automobile Industry 1954, 20, a"<l defense business, it was announced on Sept. 13 by Brouwer D. Mclntyre, President. Net sales during the fiscal year ended June 30, 1954, amounted to $16,200,983 as compared with $19,250,758 in the previous fiscal decline a in ■year. Net income, after taxes and provision for the special charge), to $72,614, equal, after preferred dividends, to 3% cent) amounted per This share on compares the 383,962V4 shared with net income of of common stock or $1.33"per $^73,718 outstanding. share dCritif the preceding fiscal year. Despite heavy expenditures totaling whichMcGraw i$ now-Tn ohej>l'fon, Missouri Pacific System net income accounting for all-charges, After for $200,000 principal amount of 4%% the sinking fund at 107%% of engineers, and first company Clifford been McGraw & company, Canada— Toronto, prospects for a base metal Industry In Nova Scotia which may eventually be able to solve the economic problem created by the decline in coal mining are greatly strengthened by the report on Sept. 16 of new high-grade zinc discoveries at Meat Cove on the northern tip of by This Ltd., Makes Important Discoveries— for principal amount of 4% % series B subordinate of principal amount.—V. 180, p. 911. $219,000 102% 13,161,088 627. p. Operating expenses for August, by 1, this subordinate A principal and Co., 1954—7 Mos.—1953 -1953 $ $25,446,712 60. Mathieson Chemical Corp.—Partial Redemption— ; the 180, Bell 78,580,146 $189,143 492, 1953 — value Aug. J31, earnings Corp. —— outstanding 1954 1953 $51,594,738 $38,£31,468 and 1209. Ludman > net' assets asset Net The bid of 98.23. Halsey, ,Stuart 3%% a a T'tal Aug. 31— Shares lot by coupon, company of previous p. led group with on on As Of un¬ approximately 112,577,772 River- Road, exceeded between of expenditures 1209. buildings. Queensbury District of Columbia, was. Incorporated in the fiscal year ended March 31, 1954, gross the of Massachusetts Investors Growth Stock Fund—Assets— Louisville require p. $ shares of to 180, 81,821,593 13,687,567 Net directors. eleven a • 12,239,987 Net * an of of conducted been Laboratories, Md., board acquired administrative its previously Davies dale, board man — ' stock, purchase terms included a undisclosed figure, and his elec¬ directors. The Magnecord charter of at Davies, Magnecord to !consolidate hail exchange for maximum a June '" shares. the contract year tion shares 180, ' ■ 11,986,115 outstanding 10,512 shares of Magnecord Chapman Sept. 29 announced the completion oi an offer¬ stockholders of 60,714 to The Brothers For—Lehman scribed expected 1954.—V. Although Meat Cove Inc., Riverdale, Md., radio and electronic firm, it was announced by Wm. L. Dunn, Magnecord Presi¬ dent. The stockholders also elected Gomer L. Davies, President of the Davies a 117,380,584 at 1 to $ required Oct. Casting' 16,634,740 located core on Metal sub-leased been 17,291,733 the on emphasis with standing stock of Davies Laboratories, In Lindsay Chemical Co.—97% in eral areas." stockholders have , is program $17,000,000 Magnecord, Inc.—Acquisition Approved— had & Telegraph Co.- Files—Rights— Lincoln Telephone The , credit. V-loan our our * equity This Mineral including*. 817. p. equipment purchased the entire Industrial and 7,000 shares of capi¬ series due 1883; $3,600,000 will be applied to the prepayment ol presently outstanding 3% notes due Dec. 30, 1954; and the balance be applied against the cost of the company's construction program. will Net memories, magnetic drums, and other com¬ puter components. Long-range plans call for the development of a general research and development center for this company.—V. 180, magnetic of . . The company has received SEC authorization to issue and sell at competitive bidding $15,000,000 of first mortgage bonds due 1984.' Net proceeds will be used to redeem $8,000,000 of first mortgage bonds, Other and at the June $8,500,000 of development equipment of $13,500 cash its and \ , "f . Federal income devices for both military and of thecompany to be known division new Research plant and sum was the authorized capitalization ; value. it research and V that Mercast had made stock into Operating 1 expenses—— a in Los Angeles, Calif. Major program for the new facility consists of research and development in high-speed digital computers, military control systems, and data processing'equipment. Emphasis is placed^ on integrated de¬ sign encompassing ruggedness, reliability, compactness, and ■/ easy Magnavox entities. Stockholders' p..911. history," its $11,000,000, maturities and only research, computing also was diverted 1954. voted to increase par activities, research was . of expansion electronic electronic of expanding $16,000 Operating revenues—— received, at a rate substantially higher and our production facilities are operating the increased demand," he said. announced fundamental development than more capital The extensive field corporation's that stockholders have The year, net $ being ' while licensee and affiliate, Alloy Precision Castings Co.", also of Cleveland, to provide needed additional manufacturing facilities. Mercast licensees, in addition to Alloy Precision, include Thompson credit. are $54,975; Mercast $4,548,337 by $3,500,000 connection utilizing the Michigan gov¬ record a strongest approximately in made to increased reduced with Period End. July 31— The year. entirely this year out. were received ... renegotiation in the the year before. Earn¬ military contracts.. borrowings outstanding been obligations the worth net position amounted current orders this $5,332,530 pointed report date V-loan "New and "Inventories applicable banking and line stock. the its* year a renegotiation for taxes for fiscal almost figure reserved were financial year that are at in invested in the business increased by $965,473, and said. "Payment than sales established preceding against $2,310,000 provisions company's of the Income amount $6,768,618, Freimann end lower the in $144,211 Metropolitan Edison Co.—Financing Approved— ' $11,550,282, "The $6,570,134 $6,761,572 Working capital (net current assets) Total the in these total a $57,979,669 of share a totaled $3,230,000 year... firm of $2.93 contracts. year The 1954 Total and Earnings retained to 30 ■ Ratio previous, record tal new high volume reflected increased sales of both military products of the company. earnings were $2,102,530, or $2.77 a common share compared increase 400,000 $3.03 ■ r Cash dividends the of 3Vb% annual highest total a depreciation—totaled 750,000 shares of 10 cents to 495,875 taxesJ taxes" profit Shares $22,866,807 400,000 $2.71 income income 1953 $22,085,338 - — before Federal feet square of attributed of the reported 27 and Corp., Cleveland, for the and industrial Fink & 96,000 square feet. The design.later date.'—V. 179, p. 2597. a showed Products, Inc., and Kolcast Industries, Inc., both of Cleveland.—V. 210,000 of third floor at also for income taxes, was $45,892. Surplus capital 1954, totaled $71,963, as compared to only $44,414 on the announced outstanding slightly lower than last year's record high. President and R. A. O'Connor, Chairman, an¬ $62,974,430 for the fiscal year ended June 30,'' sales company as Lehn adds Avenues total a amortization Announcement the Expands Into Fundamental Electronic Research Field railway.:..—_ from ry. Martine a Sept. on necessary From Jan. 1— Net and giving statement before provision The to The Net We 1952 $6,619,589 windowless, new for development work during the first half of Y.) branch was formally two story, painted brick"1 (N. $23,592 date in 1953. In also . Plains for same $3,500,000. with Expansion the first six months of 1954 was an¬ Sept. 14 by Admiral Alan G. Kirk, Chairman of the Board corporation, which is an affiliate of Atlas Corp. Tne semi¬ oi June 30, as earnings only against before. 000,000 1953 $6,597,923 1,700,056 963,112 The Frelmann, net civilian only August— store, and has since ;■ 27. company nounced 1,183,542 RR.—Earnings— Lehigh Valley sion dividend notification of of financial profit, cents '* letter a Corp.—Reports Profit—Continues profit utilizing the Mercast process of investment The figure is contrasted to a total of only slightly more than $94,000 received in royalties for the same period a year ago. Operating profit, for the first six months of this year—before provi¬ Magnavox Co.—Reports Record Sales— Mr. 4,394,204 £81,033 628,714 railway..__ original last ..'.to;'*; to . Net —V. * income... filed 22 White Macy's Mamaroneck on the Sept. time next year, some on this • - nearly , allows, fomconstruction of ings 1952 $781,478 324,341 188,610 1953 $806,048 324,685 202,217 99,793 63,898 railway.. oper. From Jan. 1-— Gross ; 1954 , $545,349 • railway.. to for 2597. p. casting. Macy & Co., Inc.—Expands Branch— unit latest Lehigh & New England RR.—Earnings— Gross year. to *: -j Sept. on on The 1,460,000 ———-c„— stockholders (R. II.) .The. addition history $30,193,721 _ taxes —' — to ; customers amount extra an for net annual 15,500 covering opened Subs.)—Earnings— income taxes— profit MeElhone J Mr. manufacturers ^special July 31— Federal 1930. Assist¬ applica¬ commercial, and air¬ appliances. It has three all in Kent, Ohio.—V. 160, p. 1737. Sales of merchandise & seryices to our of Steel Ludman-Corporation 1-78, p. 2477. v*' SEC project is scheduled 179, from royalties frorh licenses Presi¬ to was home for A nounced MacGfegor Sport Product^, Inc., Cincinnati, O.—Files announced was for industrial, and Bryant, Inc. <& Income since • company horsepower motors motor-driven plants and a research department, - Clyde F. Curtis Vice-President,- Senior to Sept. 27. ;Mr. Curtis, until his election, on Lamb, fractional craft J. MeElhone Clay Ludman cents for the year and the second successive 40 paid was assets . dent, a which increase of shares...of common stock (p&r $7) to be offered at $15 per share, without "underwriting. The proceeds are to be used to pay for. manufacturing facilities (golf and athletic equipment). ^ V- 176, p. 600. ;' * " V,; ,. ,v 60. by the directors States and 48 ,% cash dividends were continued at 1)0 reports stock in 5% $385,453 I include v Hoffman "Total —V. 410,000 $142,624 outstanding of 795,453 145,000 share—a. p. subsidiaries quarterly for 1953 $12,574,085 287,624 — shares per 180, income On (estimated) income on earnings Common —V. 1954 taxes the announcement, an Co., Maintenance, Inc., and Extral Corp. The most recently acquired, Extral Corp., has as its principal business the custom extrusion of aluminum shapes to* order for a variety of manufacturing concerns who have no extrusion -Mr. $8,295,335 — Earnings to ai^d shower door tub enclosures. facilities, the of said.—V. Mercast of most that past year's sales were right at $6,000,000 an approximately $500,000 over the previous year. The corporation is a large manuiacturer of awning windows, Jalousies Lakey Foundry Corp.—Earnings Lower— Net 1 «- - added Ludman completion Strike Mr. 15 1,600 stockholders of this corporation, residents , 2,248,505 • inception of the company, has been a ViceCarl Schilke, Henry W. Tavs and William Vollmer. products extends into foreign countries according of final since are Ludman of number $764,030 " 3,379,924 1,552,384 821,779 1951 • , . 2,289,583 631,801 410,033 railway 180, p. "Use 1954 $457,388 • from who They There are at present of 38 States: ■* Lake Superior & Ishpeming KR.—Earnings— August— Gross Ludwig, President. . , (1335) $970,431 and a for modernization and new equipment, reduction in long-term debt of $336,000, nci» (Continued on page 53) r 16 Name of Gardner-Denver Co., * Dividend announcements tables. In , first the . , indicate we . .. 4% grouped in two separate are all the dividends -r,, , , flounced during the current week. an- „ , Then preferred General .General ... Mills, Inc. When American Can American Co, Distilling Co. American Dredging American (quar.)__; Products Home 35c Co., (quar.)..— common preferred (quar.) Corp. (quar.)___ American Smelting & Refining Co.— -7% first preferred (quar.) American Steamship Co. (increased) American Guardian Phenolic 7% 10-16 10-21 Stock 9-17 Halle Bros., 20c 35c $1.25 12%c 1 10-14 Hart, Scliaffner 11- 1 10-20 Hartford 11- 1 10-20 ance 10-29 10-15 10-30 10- $3 9-30 9-28 1 1 12- 1 n. Topeka <fc Santa Pe Ry Co. (quar.) Atlas Plywood Corp., $1.25 conv. pfd. (quar.) Atlas Powuer Co., 4% conv. pid. (quar.)—. Avco Mfg. Corp., common (resumed). — 50c Transit 10-15 9-30 (quar.) Co., Bell B Ltd., Co. Works iron Benrus Watch Co. Bishop Oil Co. Blue Ribbon (quar.) 1 10-20 10-29 10-15 Eurry Biscuit, _ Assurance (s-a) Co. preferred (Directors stock 1st $1.50 (quar.) preferred Car & Co. Transit Chicago Corp. Cincinnati 10-15 Inglewood 10- Electric 8 10- .6% 9-28 11- 10-15 9-30 $1 25c 32c 10-15 10- 5 1 9-27 11- 11-15 6 1 10-15 11- 1 class A— —— (N. Bottling Co. 1 10-15 Johansen 10-15 Johnson 1 10-15 (Dan) Co. Collateral Loan (Boston) Co. Command Oils, Ltd.— Commonwealth International, Commonwealth Stock Fund, Composite Bond & Stock Consolidated Coppermines Gas Consolidated Royalties, Consolidated Textile Co. 5 10-20 11- 5 10-20 5% partic. pfd. (dividend 4.16% Lowell 3 this 10-11 10- 10-10 10- 9-29 10- 9-14 10- 9-15 in 10- 9-15 profits 10- 9-27 9-30 10- 8 9-30 10-25 10-13 10-15 9-30 15c 10-15 McKee 9-22 demption Oct. on 9-30 31 %c at $lu5 Bros. Daystrom, Inc. to Delaware Power & Light & Co. Brass Detroit Steel & Mfg. Products 35c (reduced) 1 10-30 ____ 6% Common $1.75 9-24 10- 4 9-23 Northern 10- 4 9-23 Northern 11-25 10-29 10-29 10- (initial). Lines, Inc. payment is on Emhart Mfg. Co. <quar.i___ Erie Forge & Steel Corp., common 6''" 5% (quar.) preferred (quar.) Farmers <fe (Syracuse, Field N. (Marshall) Fifty Associates Y.) Foote Bros. Gear & *5%% convertible 5% 9-30 & pfd. preferred 8 10-15 10- 8 11- 1 10-20 10-30 10-15 10-25 10-14 10-30 10-11 10-15 10- 1 10-15 10- 1 10-15 10- 9-30 10-11 100% 11- $1.18% 10-15 1 11-10 10-29 15c 11- 1 Brewing 12-13 11-16 11-10 11- 1 10-15 Park 11- 1 10-15 35c 10-22 10- 11- 1 10- 7 9-30 11- 1 10-20 10- 5 10-14 10- 11- 1 10-20 10- 1 Co. (quar $1.50 )~ 10-20 11- 1 10-20 10-28 25c (quar.) & Gear 12-31 12-15 $25 9-30 9-27 (quar.) 32 Vic '21-ftc 20c 11- 1 10-19 11- 1 10-19 10-15 10- 1 & (quar.) 4.40% preferred preferred (quar.) preferred (quar.) 10- 1 9-21 10-15 10- 11- 10-15 5 1 10- 10-29 10-29 10- 22 %c 9-30 15c 50c 20c 10-15 10-15 10- 1 10- 5 10- 1 9-2Q> 50c $25c 20c $1.25 10- 1 11- 1 10- 1 10- 1 10-15 9-21 10-15 9-21 9-21 Western (quar.) Assurance (s-a)__— (Toronto) Co. Western Canada Breweries, Ltd. (quar.) Western Commonwealth Corp., class A (s-a) Western Light & Telephone Co., com. (quar.) 5% preferred (quar.) —,—5Vi% preferred (quar.) — Wiggln Terminals Winn & Lovett Grocery Co. (monthly) Monthly Monthly Wood (Alexander), Ltd., 6% Young 7% (J. S.) Co., ■' 30c common pref. (quar.)__ (quar.)_ preferred (quar.)—— t$L75 t$2 $25c 10- 1 10- 1 12- 1 10-1 20c 31 Vic 34%c 62Vic 11-1 11- 1 11-1 10- 1 5c 10-30 5c 5c t$1.50 75c $1.75 11-30 12-31 10- 1 10- 1 10- 1 40c t 4 . Below 10- 5 9-24 9-28 10-29 9-25 10-12 10-12 10-12 9-24 10-2© 11-19 12-2© 9-17 9-21 9-21 ■ give the dividends announced in previous yet paid. The list does not include divi¬ this week, these being given in the we announced dends preceding table. Per C. F. 1 8 preferred (quar.) 7% preferred (quar.) Adams (J. D.) Mfg. Co. 9-23 11-15 25c 12- 50c 10c 50c — 11-5 12-15 11-26 11- 1 10-20 9-30 9-21 9-30 9-30 9-21 9-30 $1.75 $1.17 11- 1 9-21 . 9-21 10- 8 $1.10 1 (quar.) Addressograph-Multigraph Corp. (stock div.) Affiliated 1 Fund - 6c 10-20 9-21 com. (quar.) preferred (s-a) Allegheny & Western Ry. guaranteed Allied Control Co., common (initial) tlOc $27Vic 12- 1 12- 1 1-3-55 11- 1 10-29 10-29 12-2© 10-15 11-1 10-20 10-15 9-24 12-10 1- 1 11-19 12-15 18%c $1.75 12- 1 12- 1 10-29 10- 5 10- 5 10- 5 11- 5 II- $ 10-15 9-15 9-15 9-15 50° 12-1 11-15 (from net Income) Agnew-Surpass Shoe Stores, Ltd., 5Vi% is-a>_ $3 20c 7c 75c 40c $3.75 1 11- 1 10- $1.07% 11- 1 11- 1 10- of preferred Aluminum 4% Co. Co. of America, common (quar.) 93%c (quar.)__! Canada, Ltd.— preferred (quar.) 2nd preferred (quar.) I 425c $$1 31 50c 35c - 5V4% Amerada Petroleum Corp. (quar.) American Air Filter Co., com. (quar.) 5% 7% ^ preferred (quar.) preferred (quar.) American Automobile Insur. Co. (St. Louis) 10-8 95c - 8 8 Holder* 75c 12-15 12- 1 75c 3-15-55 3- 1 $1.75 12-15 12- 1 $1.75 3-15-55 3- I 25c 10-10 9-15 3% 11-19 10-29 75c 10- 9 9-17 Aluminum 25c (quar.) Payable of Beet Industries Inc. participating preferred (participating) Allied Stores Corp., common tquar.t 4. pfd.. (quar.) When Share Name of Company A. 7% (quar.) 1—• 1 11-5 10- 3 10- 1 (increased):—— Light Co., Ltd.— (quar.) 10-29 preferred (quar.) preferred (quar.) Philadephia Electric Co., 4.68% 10-13 10- 4 & (quar.) 11-15 I 7% 4.30% preferred Common 10% 3.80% 7% Common 52c Perkins Marchine Power 1— (quar.) class B 10-15 10-15 : Personal Industrial Bankers, common Extra ; $1 ' _r 10-13 Co) _ 9 preferred Kootenay 12-15 this dividend) convertible to (quar.) Co."" Field itfoV. 5% Welsbach Corp., 1 35c (quar.) Perfect Circle Corp. Stock dividend . (quar.) — National Insurance Co. (quar.) Waterbury-Farrel Foundry & Machine Co.— | Quarterly I Waterman (L. E.) Pen, Ltd. (initial) — / Watson-Standard Co., common — 12-31 11-15 (quar.) preferred 11-16 50c 62 Vic Investing Corp.— 11- Penn 10-20 30c (quar.) Co. 9-30 7%c per share plus 1 Street 9-30 $1.12% (quar.)— 10-15 1 10-11 10-15 10-15 (From net ordinary income) Quarterly 10-20 11- 11-10 11-1 11- 1 stock at this time. Wall 10-20 30c 11-15 11- Steel Co. 34c 25 c 11-10 15c 10-31 60c 10c 62Vic — 7% 10c 62 Vic 62Vic 50c common Corp, of America— (initial) 10c 25c "111111 10-18 common 10-11 < 7 Vic Davis & 11- 1 — 9-24 (quar.) Peaslee-Gaulbert, 4V2 % 63%c „ Pipe Line Corp.— (quar.) 5 28%c Extra Parke, 10-15 12- 1 12- 1 "10-15 10-15 11- 1 25c 60c . Walker Laboratories, Inc., 5% pfd. (quar.)_ Directors omitted payment on the common 8 10-14 (initial) (quar.) Co. 15c 17Vic $1.06Vi $1.14 35c 50c 37Vic 65c 10-21 Pacific Coast Aggregates, Inc.— 25c Co., preferred New 10-15 25c $1.13 (quar.) preferred (accum.) Paper Co. (quar.) Pabst preferred Transit Vulcan Crucible 1 $1.25 Oxford Co. 10- 8 10- 8 10-11 10-11 10-15 10-15 10-18 10-11 10-27 9-24 10- 8 10-29 9-15 10- 7 11-17 11-17 10- 8 10- 1 10-15 on Oct. 31) Co. of Calif, (quar.) Oil Vanadium 1 10- 20c __I" common Fram Corp. (quar.) — (quar.)__ (s-a) Machine, 11- 10-15 15c 1 (quar.) 10-16 $3 Marshall 11-15 $20c Corp., 40c pfd. (quar.)__ Council Bluffs Street Ry.— Chemical (stock div.)— (quar.) 50c 4.24% 11-24 . Gas preferred West 2c 11-1 $1.19 (quar.) (see (Boston) 10-15 Co. Town Omaha 4'/2% . preferred 10-15 Fruit Co., 5% conv. pfd. (entire issue called for redemption on Nov. 15 at $54.50 t (quar.)__ Traders Life Insurance 10-15 1 40c — 12-10 5c preferred 2nd Fairbanks Co., 6% conv. Falstaff Brewing Corp. 1 11- 40c Elec., 10-11 11- 3 10-20 11- weeks and not pfd. 10c "I 11- $1.09 (quar.) $0,054 (quar.) (s-a) $1.50 Service— 25c (quar.) Flmira Williamsport RR. Okonite 5 9-30 quarterly basis. common preferred (initial) Elastic Stop-Nut Corp. of America E gin Sweeper Co 10- Co & 7 10-21 5c (quar.) 20c quar.)_"I 25c (quar.) (year-end)—— 20c 5% & 10- 193Vic f93%c (quar.) (increased now Industries, 10-15 10-15 8 $1.06»/4 Engineering Works Gas California of Co. Mfg. 5% 10-20 $1.25 preferred (quar.) Airlines, Inc., 4.60% Old ________ Ducommun Metals & Supply Duriron Co. (increased) Above 25C Ltd.— (initial) 1 75c Products (stock dividend) 4%% preferred (quar.). Indiana Public Oklahoma 10-15 tlOc (quar.). Securities, 10-31 9-20 11- $1 Ohio Loan & Discount Oilgear 1$2.76 1 25c 4 V2 % 1 10- two- a (s-a) Northwest 8 10- 11- Stores— preferred 1 15c 20c held) — Washington (s-a) 4'A % 9-30 11-19 30c 50c Nekoosa-Edwards Paper Co New York Wire Cloth Co. (quar.) Norfolk & Western Ry., 4% adj. pfd. 11-12 Eastern & Neisner 10-11 9-24 12-15 tl5c National Starch 10-15 (quar.) 25c 12Vic 20c 35c 9-30 10-15 1 25c 10-11 10-15 1 1 10- 10- $1.50 (quar.) 10-11 1 10- 6c 10-15 1 Co. demption 10-31 30c (quar.) Co., com. 10-25 11- share Co 10- 8 1 10-15 17%C (quar.) non-cumulative A Bros., each for stock com. 27Vic 11-1 11- 1 11-3 11- 1 11- 2 10-20 11-15 9-30 10-22 11-15 9-30 10-28 United (quar.) preferred 1 additional 11-15 Union (quar.) Products $2.50 10-20 Air on 10-19 11- 10- director's a 10-29 10-28 Eastern preferred Metals Manufacturers t30c preferred Clemens $1.15 (quar.) -— National 125c IVs'/r on shares 5 J25c Co. 16 the $2 37 Vic (quar.) Co., Ltd. (quar. Dow Brewery Ltd.— u .... 7% pfd. (this payment clears all arrears) Canada spilt 20c basis. 9-30 125c Paper of Nov. on , 5% Warner 10-19 Donnacona Furniture to 10-20 10-20 10-20 10-20 10-2010-20 10-20 10-15 10- 1 $6 preferred (may be exchanged for $2.70 preferred on basis of two new shares for each $6 preferred held. Unexchanged shares being called for re¬ 60c 10-15 tlOc Pont held be 11- 1 11-1 11- 1 11- 1 11- 1 11- 1 11-1 92%c 97V2C $1.033/4 $1.06,/4 $1.10 A $2.55 special meeting a 10-30 9-30 (quar.) — (quar.)— — (quar.)__——— (quar.). (quar.)—__— —— (initial quar.) (stock div.) (one Transcontinental Co.— Department Stores Bridge Co., Ltd. (quar. Dominion Engineering Works, Ltd. (s-a)I__ Dominion Steel & Coal, Ltd., (quar.) Common Cement 11-15 10-15 16c 30c 11-20 SlOc tl5c 25c 10-25 22 V2C (quar.) Co. & 10-15 9-30 10-15 10- 4 11-2© class B (quar.) (quar.)— — Sterling Brewers, Inc.— Suburban Propane Gas, 5.20 pfd. (quar.)—. 1 50c 10-29 5c pfd, 1 (quar.) 6% G.l, 11-25 10-15 10-25 10-11 $125 Corp Towle Mfg. Co. (quar.) Trane Co. (quar.) 1 11- 10-15 9-21 — preferred Corp. Class Toro 1 11- (quar.) National 137 Vic (quar.>_______ 1211- 10- 4 10-15 11-30 11-30 11- 1 10-1 40c Stanley Brock, Ltd., at cash) 50c (quar.) Co. Dohrmann Commercial Co., 7% preferred (quar.i___ du net or 5c Dominion Drexel from stock 9-25 10- 10-30 10-30 payable security 40c (quar.) (quar.) Disher Steel Construction Co., Ltd., common $1.50 convertible preferred A (quar.)__ Theaters 10-11 10- payment 25c Corp. 1 Gasket 10-27 10-21 10-1 $1.24 9-24 Tri-Continental Corp., 20c Canada Tunnel Year-end (quar.)-- Corp. 11-15 1 10- $1.04 participating preference 6% 25c 1 25c pfd. (quar.) Mount nope Bridge Corp Mount Royal Rice Mills, Ltd. (quar.)__National Airlines, Inc. (quar.)_ 10-11 15c & Aluminum Detroit 10-27 30c _ (quar.) Detroit 3 10-22 10c (quar.) Co. 10-15 $71c , 10- 75c Minneapolis, St. Paul & Sault Ste. Marie RR. Mississippi Power & Light, $6 pfd, (quar.)__ 4.36% preferred (quar.) Moody s Investors Service— $3 (quar.) Co. Vilbiss 11- 1 3/10c Co. Portland Mount _ (quar.) 1 11- 1 9-30 10-11 $1.75 9-24 10-15 10-31 10-15 25c Sunrise 9-30 25c 1 $30c Superior Steel Corp. 1 60c Stockholders will vote at share per dividend) 12- 17%c 8 & (Arthur proposal ___, 22 and Field Medusa Industries— (quar.) . pfd. (quar.) Massey-Harris-Ferguson, Ltd. (quar.)__ McCall Corp. (quar.) McKay Machine Co. (increased quar.)__^ payment Transport Lines, Inc. (quar.)__ Corrugated P-ner Pox Co. Ltd.— 5% preferred (entire issue called for re¬ 10-11 (quar.) dividend payable in Marshall-Wells, 10-15 15c Continental 12-15 10-29 (quar.) Marquette Cement Mig. Co., 6% pfd. Marshall 4 20c (quar.) 1-2-55 25c (9'/2C from net Investment income cash preferred of 1 10- $1 (quar.)— preferred preferred 4.36% 10- 11- 4 (quar.)___ Supermarkets Corp. (quar.) Talon, Inc., 4% preferred (s-a) Taylor-Colquitt Co. (reduced) Technicolor, Inc. (quar.) Thatcher Class Mfg. Co., $2.40 pref, (quar.) Thrift Investment, conv. preferred (quar.)— Toledo Edison Co. (common (quar.) 4.25% preferred (quar.) 4.56% preferred (quar.) 10-15 50c (quar.) omitted 4.25% Sperry 9-20 Public Service Co.— 4.40% 4.60% 10-20 25c 25c 18%c $10c 37%e common preferred preferred preferred 3.90% 4.15% 11-1 50c (quar.) i preferred Southwestern 9-22 1 25c Corp. preferred Co Sibley, Lindsay & Curr (quar.) Southern Industries Fund, Inc.^ Southwestern Drug, common (quar.) 3.70% 10-20 5c & Co., 1st ! 10c Shawinigan Water & Power Co. (quar.) Shedd-Bartush Foods, Inc. (quar.) $5 9-2© 1 1 $1.50 preferred (quar.) Ltd., class B (quar.)__ Schaffer Stores, 6% preferred (quar.) 1 62 '/2C 10- (quar.) convertible 75c 1 10- 11- 93%c Co— Standard Oil 1; Lynchburg Gas Co. (quar.) Mallinckrodt Chemical Works, class A Manhattan Bond Fund— 5 9-15 9-30 9-30 >10- Map & Savage Industries, 10-15 10-10 11- 10- 10-15 10-11 50c common convertible Scarfe time. for-one omitted at this time). Continental Copper & Steel Tire & Directors 9-21 10-20 10-22 4% Sargent 10-20 1 Bleaching— 10-20 10-15 11-1 $1 10-25 30c (quar.)_ preferred Sanborn 9-20 11- 10-21 75c 6% preferred (quar.) Rothmoor, class A (quar.) S & W Fine Foods, Inc.— 8 9-29 20c (quar.) preferred 10-15 10-29 3%% " Steel Co. (quar.) Link Belt Co. (quar.) Long Island Lighting Co. 10-20 10- 12-10 50c . preferred preferred Rubber Lee 8 13c (quar.) 10-11 5c 11- 6C (quar.)____ 1 20c 16 Vic 18c Fund__ 11- 10-15 $8c — 22%c 25c 1 75c _■ Ltd. 10-15 10-15 (quar.) 11-15 10- 5 1 1 (quar.) 11- 9 9-30 25c Inc Corp. (Georgia) Consolidated District Shoe Refining 4 10-15 10- 11- 11- (increased)__ 10- J 15c 10-15 $1 $1.25 dividend stock common 10-25 12 %c Baking Co., common (quar.) participating preferred (quar.)___ Participating 1 Combined Enterprises, Ltd Combustion Engineering Inc. (quar.)_______ 50c Detroit 100% a Kaynee Co., 7% preferred (quar.) Lane Co., common (quar.) 25c (quar.) 10-11 3 shares. 6 $1.25 (quar,)....^. 10-11 30c 1 25c : (quar.). common Products 10- , 1 7 Vic 10-21 11- 11-1 (extra) Inc., Milling 10-18 $1 11- 11- 1 tlOc (extra); guaranteed Standard 5c. 25c Columbia & pay Inc., Bros. Oil 40c Y.) 12- 3c guaranteed Standard Kansas City Structural 1 10-15 10-18 a 5 10- 6% director's on 11- 12- 9-20 1 $30c 10-21 1 11- 50c ; special meeting a 19 11-22 1-2-55 1 12-20 25c Kahler Corp. 11-15 10- 11- 25c preferred (quar.) Jacobs (F. L.) Co., 5% pfd. (accum.) Jersey Central Power & Light— 4% preferred (quar.) ______—_______ 1 25c (St. Louis) 50c 4% 25c Bottling Co. Dean to common 11- 10- 9-29 25c 50c 1 11- 25c 1 (quar.) 7% Rich's, 7 4% B share Nov. on Heintz, 11- 65c _ Coca-Cola De the & 11- $1.12'A __ 10- (quar.)__— Louisiana Power & Light. 4.96% (quar. 1 10-15 "ill 11- 50e 10-11 50c Rising Paper Co., 11- _________— (Bridgeport) 25c Union Stock Yard Co. (incr. quar.) Clinchfleld Coal Corp. (quar.) plus held be on Jack 10-15 10- 1-3-55 7 Income) (quar.) 10-11 10-11 9-30 9-3G 10- 7 10- 4 9-24 10-13 10-13 10-15 10-14 10-21 11-11 50c 2 Reitman's, Canada, Ltd. (quar.) Republic Supply Co. (Calif.) (quar.) 12-15 10- _______ 50c Cleveland Davidson (quar.) Mortgage proposal 11-19 11- 10-15 Public Service Co.— to 10-15 12- (quar.)___. Stockholders will vote at 10-11 11-15 preferred Investors Iowa 5 11- 1 37 Vic (initial)—__ preferred 420c (quar.)___ Coca-Cola Class 1 11- 11- 1 ——_— (quar.)__ $2 class A Extra 9-27 1 11-15 25c Co. 10-25 10-20 10-20 10-20 10-18 10-15 0-30 11-1 11- 1 11-25 $1.50 90c $1.17% 130c (quar.) 10-20 10-20 Richmond, Fredericksburg & Potomac RR.— 11- pfd. A (quar.)~_ 75c (quar.) 10-15 30c Gasoline (quar.) ___ ___■ Packers, Ltd. (s-a)__ _i_— Funding Co. of New York— Investors 9-25 10- Illuminating Co.— preferred 10-30 dividend) stock ordinary 20c Bakeries, Inc., 10- 12 Vic deposit receipts ord. (interim)— 75c _______ Co. 5 10-15 10- (C. A ), pfd. (quar.) Extra A International American J20c (quar. Electric Reed Imperial Chemical Industries, Ltd.— 11- (quar.) B Common 5% 4.20% Power, 11- $1.75 (quar.)__ & 10-21 common (quar.). Imperial Sugar Co. Ltd., common (quar.) $20c (quar.$37c (extra)— Gas Cleveland Cohen Illinois 10-15 10c (quar.) $3 preferred 11-16 — (from B 10-20 « Charleston $4.50 Inc., preferred 10-15 ; Foundry Co., Ltd. (special) Chain Belt Class 1 5% 9-29 $3 Plastics Clausten Fund, of held) 16Vic Canadian Capital Power, 10-15 10- 8 time) this at (stock Corp. share Hygrade Food Products, 4% » time.) preferred 2nd 3 9-30 class the on (quar.)__l share each 11- __ (quar.)—_ payment on common Mills, Electric 3 11- 10c preferred this Linen 11- 1 Y.) Finance additional for . 11- bi-monthly) omitted at Caldwell 1 12- 3% 7% M.), 12- t$2.75 —_ preferred (quar.) .( Reading Co. (quar.) 9-30 6c^ (quar.) preferred payment iN. 11- (quar..— Co, Quebec Power 10-15 5c _ 20c 5c $62%c 70c 50c dividend (A. 80c (quar,)— (quar.) $1.25 Terminal Calif. — pfd. 5'« 10-22 1 10-21 11- Insur¬ & _ action no Hardart & (One 9-30 10-13 A 5% dividend Household 10-11 1 $2 Steel Bullock's, Inc., 4'/r Burger Brewing Co. Byers , 12-10 Mills, Inc., 6% 60c Year-end Hudson Products' Corp (s-a).——_ Insurance Co. (quar.)—— .... Stock 10-15 t75c (quar.) (quar.) Yards British-American Bush 10-25 11- took 50c i 10-22 40c ! : Light, $5 preferred (quar.)_ 12-10 15c Horn (quar.i (quar.) Corp., Ltd., Bourbon Stock Buffalo 11- *50c (quar.) Eoston Edison Co. Buchanan 10-29 1 (8-a) Pennsylvania of Inspection class (bi-monthly) Potomac Edison, 3.60% preferred 4.70% preferred B (quar.) Portland Woolen 30c Holly Sugar Corp., common 5% convertible preferred (Increased quar.) Holyoke Water Power (quar.) , Home Light & Power Co. (quar.) holder's, Inc., common (quar.) 10-29 11- 70c 62'Ac -—: , class A $1 Portland Gas (quar.) Co. 9-30 40c Powder Co., stock 10-27 11-20 __, Telephone Eelmont 8 $1 10c 56'/4C Bathurst Power & Paper Co., Ltd.— Class A (quar.) — _______— Class 1 12- convertible stock Fuel 10-15 $40c (quar.) — (quar.) (Directors income from $2.50 pfd. 12- 11-10 $1.25 31lAc J25c Innes & Employees Pocahontas (quar.) 1 Higbie Manufacturing Co., common (quar.)— 5% convertible preferred (quar.) Hobbs Battery Co.— > Atch.n and 9-30 11- $1.25 10-29 Bates 10-15 9-30 50c - $1.60 pfd. Boiler Co., common (quar.) preferred (quar.) Plymouth Cordage Co., common 11- 1 11- 1. 11- 1 20c $1.25 35c 25c $1.37»/2 65c 6V2c 20c $1.25 Pittston 10-15 50c (quar.)— 10-11 Baltimore , 50c preferred (quar.) Marx (quar.) & Steam Hercules 10-20 11- — —_ Fund "b" (20c from capital gains) 10- 8 1 $75c Manufacturing Corp 6% 8 9-22 $1.12% Argus Corp., Ltd., common (quar.— +15c 4%% convertible preference (quar.) t$1.12'A (quar.) Axe-Houghton 8 Helicopter Air Service— —_ preferred (quar.) $2.25 convertible preferred 10- 10-15 $1.30 4% $2.40 Co. Hayes Appalachian Electric Power— 4%% 5% preferred (quar.) Pittsburgh Plate Glass Co. (quar.)___ 11- dividend 11- (quar.)____ Ansonia Wire & Cable Co. Phillips-Jones Corp., common 10-15 Holder• Payable^ of Rec.< Share " 5%* preferred (accumulative) Corp. (quar.) Gurnty Products, Ltd., Hagan Corp. (quar.) 10-19 11- Bottle Thermos 11-12 2 62 Vic (quar.) Oil Gulf 1 25c 28c American 2 10-15 Realty Co. of Canada— $1.75 (monthly)— Corp. 1 10-29 50c 25c __ 10- 11- 12%c (quar.)__ _______ Co Aintr»can-JVi.arietta 5% preferred 10-15 11-15 10c (quar.) Holders Payable of Rec. Share Aero, Service Corp Amalgamated Sugar, 5% 12- 11- we Per • $1 12 Vic (quar.) follow Wlth-^Vjeneral Telephone Co. of Kentucky— a second table in which we show the payments previ] 5.20% preferred (quar.) ously announced, but which h^ve not yet reached their Good prior preferred CaliforniaHumor Co- of (accum.) $1 payment date. Green (H, L.) Co. (quar.) Ndme of Company of Company 50c (quar.) common (quar.) Instrument Corp. When Per Name Payable of Rec. Share Company Holdert When Per DIVIDENDS October 4, 1954 Commercial and Financial Chronicle... Monday, The (1336) Quarterly (Continued on page 50) ' V , (1337) Commercial and Financial Chronicle Number 5365... The Volume 180 Stock Record «» New York Stock Exchange * DAILY RANGE OF PRICES WEEKLY VOLUME OF YRADING YEARLY RANGE OF SALE PRICES FOR EVERY USTED STOCK Highest Lowest 47% Jan 39% Sep 22 Jun 25 99 Jan 112 41% Jun 5 106 29 EXCHANGE Highest Jan 8 115% Apr 20 7 13% Sep 9% Jan 14 3% Sep 30% Sep 15 14 49% May 25 32 72 Dec 29 85% Mar 18 73% Jan 101% Sep 27 20 Dec 31 26% Jan 20% Jan 23% Aug 5 Acme Steel 4 Adams 6% Jan 9 % 5% Jan 23 6 AFC-Brill Motors Co Sep 22 Sep 14 30 79% 80 81 81 81% 24% 243/4 243/8 24% 54% July 26 *52 % 29% Sep Air common__No par 28% 100 113% Aug 20 83 Aug 18% Dec 31 32% Jan 8 7% Sep 14 49% Sep 3 52 Nov 10 22% Oct 8 29% Jan 8 101 Oct 15 114% Jan 150 Jun 3 2 Sep 11 2 25% July 21 Jan 18% May 13% Sep 7% Jan Mar 28 14 114% Sep 24 22% Mar Feb 24 172 155% Feb 3 2% Jan 4 pfd 1951 series Alabama & Vicksburg Ry 4.50% July 29 Alaska 3% Mar 25 16% Jun 14 130 Sep 15 152 78 Oct 9 81 25% Sep 85 4 15 39 Sep 1 104 18 98 8% Oct 6 Feb 9 39% Aug 4 Sep 29 80 Jan 6 28% Jan 4 97 4 106 92% Mar 11 97 May Feb 4 May 8 10% Mar 3 8% Jan 2 72% Jan 101 8 Sep 15 76'5yJan Dee 29 22 Maris 16 Mar 9 24% Oct 28 33 Jan 26 Jan 4 4 4 90 " Jan 5 97 2 45% Jan 4 67% Sep 118% Jan 3 94 Sep 22 41% Oct 14 86 Oct 8 37% Jan 3 Dec 62 47 90% Jun 25 74% Aug 5 189% Jan 65% Nov 3% Feb 16 Feb 18 Jan 7 80 8 11% Jan 4 15% Sep 70% Jan 4 86% Sep 28 26% Sep 15 93% Aug 20 14% Nov 5 29% July 8 26% Mar 16 31% Sep Nov Feb 18 16% Jan 4 6 56 Jan 4 63 29 9 Jan 4 14% Aug 12 Peb 26 37% Jan 40% Jan 27 31 103% Feb 20 12% Sep 15 13% Sep Jun 52 Jun 15 15% Mar 19 14% Jan 4 15% Mar 20 15 Jan 12 16% Jun 16% Jan 4 1 4% Jan 11 Nov 27 35% Feb 23 96 15' 11 Peb 11 12 6% May 3% Sep 15 9 31% Peb 40 21 % Sep Petroleum 22 5% Inc Cable & Radio Corp Can Co 6 Jan 0 American Chicle Co American Colortype Co— American Aug 17 39% Jan 5 6% Jun 30 8% Jan 7 Oct 17% Feb 2 Peb 19 11 35 Dec Jan 9 3 4 Aug 30 28 31 Mar 18 63% July 30 29 6% Jan 23 8% Dec 31 7% May 17 Nov 15 22% Jan 15 21% Sep 16 Jun 25 104% Dec 13 Jun 28 14 100 Jun 25 92 6 16% Sep 13 20 48 % Dec 94 72 % Sep Mar Jan 26 15 9 11 2% Jun 28 5% Mar 25 39% May 27 36% Jun Jan 11% Aug 38% July 30 44% Jan 2% Dec 29 26% Dec 24 36 8 24 15% July 30 8% Jan 57 Sep 32% May 28 33% Jan 31 Aug 67 12 11% Sep May 25 18 48 54% Sep Jan 26% Jan 4 12% Nov 27% Jan 8 110% July 28 8 31% Jan 20 14 143 30 31% Jan 28% Sep 15 26 21 105% Jun Jan 24 Aug 5 17% Jan 4 23% Jan 12 4 100% Jan 19 12% Dec 23 18% Mar 28 12% Jan 4 93% Dec 31 19% Sep 18 100% Mar 17 85% Jan 6 21 18% Aug 3 100 Aug 2 24% Mar 16 21% Feb 24 28% July 27 99 79% Jan 12 25 % Mar 18 86% Dec 84% Jan 31 4 29% Aug 23 107 93 Apr Oct 1 94% Jun 13% Sep 7 23 15 Sep 14 19% Feb 2 J73% Jan 11 26% Feb 27 19% Jan 11 40 Sep 9 14 105% Feb 9 100% Jan 20 107 Feb 24 Jan 4 20 Aug 27 19% Apr 15% Sep 16 18% Jun 8 7 23 Sep 8 5 11% Sep 23 18% Feb 2 7% Jun 22 15 7% Jan 10 31% Jun 18 42 Dec 15 20% Dec 31 37 Mar 27 Aug 31 12 39% Jan 15% May 6 28% Sep 3%% American Molasses Co 14% May 12 American 50% Aug 11 American Feb 23 American 27 24 32% Jan 16 12% Sep 21 36% Jan 30 34% Jan 65 % Sep 20 Amer 15% Feb 4 13% Jan 20% Aug 11 Amer 28% Sep 148 Jun 11 171% Feb 6 6 Jan 2 8% Jun 23 18% July 6 41% Dec 15 169 177 Jan 24% Nov 30 22% Feb 24 65% Jan 42% Jan 13 57 May 24 25% Sep 14 Jan 6 277/b Jan 4 40% Sep Jun 25 159% Jan 5 144% Jan 4 169% Sep Mar 31 40% Aug 136 35% Dec 18 117% Dec 30 25% Sep 21 Peb 2 38 49 Sep 15 120% Sep 14 12 Apr 14 152% Jun 10 59% Dec 23 128% Dec 24 35% Oct 22 111% Dec 9 Jan 4 9 40% Aug 10 36 118% Jun 22 125 Mar 20 25% Aug 30 32 47% Nov 24 44% Jan 5 Feb 127 36 58 2 May 12 50 Jan 4 Sep 27 30 17 27 May 18 58% Aug 23 13 1 7 175 July 23 65% Jan 28 138% Feb 10 65 Sep 19 121% Jan 8 10% Feb 25 16% Jun Feb 161% Jan 5 156 77% Aug 3 55 143% Oct 27 121 Jan July Jun 4 1 22 60% Jan 5 30% Apr 19 Jan 7 113% Jan 4 119 2 10% Feb 9 % July 11% Sep 28 4 93 3 Feb 95% Feb 4 28 94% Sep 2 17 71% May 59 89% Dec 17 66 21% Jan 5 May^ 3 12% Jan^4 Jan 6 73 21% Sep 15 27 Dec 29 45% Feb 20 29% Jan 4 42% Sep 17 43% Sep 15 67 -Jan 30 45% Jan 4 55% Jun 3 25% Aug 27 94 Jun 25 31% Dec 106% Mar For footnotes see page 9 5 2R. 30 100 Jan Jan 5 American American Tobacco 6% 5% 6 7% preferred 8 $4 30% 7,900 1,500 *1013% 1023% 50 23% 23% 600 63 63 preferred — 1013/4 103 *102 1013% 233% 633/4 63 63 1023% 233% 63 12 12% ll3/4 12 113% 100 ♦993/4 *20 20% 19% 193% 18% 18% 18% 6% 18% 191% 20% 193/4 1003% 7»!•: 6% 43% 42 46% 46 3/8 200 7% 6% 2,900 8,800 41% 42 413% 42i% 463% 46'/2 463% 46'% 461% 2,200 34 34 y4 33% 33% 62 2,100 2,200 ; , 61'/a 243% *24% 24% 24% 24% *24% 27% 27 27 *263/4 983/4 983/4 109 3/8 501/2 11% 11% 32 32 125% 12 |, ♦983/2 49% 50'% ♦137 115% 11% 62 243/a *263% 99 *98'% 100 130 493% 50 22,500 50% 142 1093% 273% 2,500 110 50 5/8 51 503% 52*/} 113% 11% 11% 11% 113% *32 ■11% 12 9,500 3,400 321% *32 32% 500 141 *136 110 243% 400 243% 51 32% ♦32 ■ 1093% 1103% *61'% 27% 27 27% 99 142 51% 11% 12% 493% ♦137 110 % 32% 12% 983/4 50% 11% 20,200 42'% 63'% 50% 7 41% •' 34 110 29,100 183% 623/4 51 19I/2 6% 7 63% 110% 500 19 19% 1023/2 *18% 18% 34 142 3,100 *101 101 19% 623/4 50 • 100% 18% 34 ♦138 33 323% .. 133% 62% 51 483%- *19% 34% 144 ; 19% ♦19 34% 98% *473% 463/3 423% 46% 50 14,800 11% 113% 11% 49 33 33 33 100 203/4 20% .20% *471% 49 33 100 33% 33 33% *471/2 48 48 49 100 ; 63 ♦63 200 12 11% 12 3/8 22,200 11%* 11% 16,000 11,400 11% 11% 11% 11% 11% 11'% H'% 11% 36% 87% 353/4 36% 35% 36 35% 36 36 37 69% 683% 683/4 683/2 68% 68% 683% 68i% 68'% 1,600 69 3% 3% 3 1/2 3% 3% 3% ♦3'% 3% 1,700 3% 31'% *291/4 31i% 3% 31% *28 31% ♦29 ♦28 - ♦28 31'% 58% 57% 57% 563/b 57 57 3,400 57% 10% 10% 10% *10% 10% ♦lO'/a 103% 103% 10% 700 10% ♦95% 97% *951/4 97'% ♦951/4 97'% 97 973/4 23 23 23 700 27% 273/4 27% 600 106% 105 3% 1051% 40 16'% 15,900 97 *95 23% 23 23 27% 17 16% 26% 26% ♦91 25% 25% ♦27i% 273/4 273% 105'% 105% 16% 161/2 16 3% 153% 16'% 99% 99% *973/4 98% 98 98'% 26 3% 27% 263% 27 3/a 93 93 93 25% 25'% 253% 37% 37 38 ♦105 106 26% *91% 93 23 23 57 106% *105 , 99% *99 57 573% 16% 27% 28 106% ♦105% 23% 27% 23 253% 27% 26% 91% 91% 26% 25% ♦105 • 27 93 253% 363/8 *91% 25 36% 37 15% *98 99 20 300 20,800 40 2,600 10,100 37% 37 101% 104% *105 19% 19% 19% 191/4 193% 19% 19% 193/a 191% 4,900 19% 22% 21% 21% 22 22 22 22% 22'% 22 % 1,000 11% 11% 11 11% 10% 11 I01/2 103% 3,l00 11% 10% 103/s 10% 10% 10% 11 lO'/a 103% 41,900 10% % 48% 48% 481/4 48% 48% 49 50I/2 6,700 48 48 483% 20% 20% 20 Va 20% 2Q3/a 20% 20% 4,000 21% 20i% 20% 38 38% 38 383% 38 38% 33% 38 38% 37 3% 61% 61 Va 62 60% 61 60 3/2 61 62 193/a 193% 19% 193% 37 *22 11% 61% 63 373% 106 19% 19% 19% ♦174% 177% *174% 8% 8 32% 333/4 7% 19% 176 8 33 3% 33 *105 19'/2 *1743/2 7% 32% 50% ♦105 106 19% *1743/2 176 73% 7% 32% 33 *50'/a 51'% 106 ♦1743/2 176 7% 7% 530 14,000 169% 240 403/8 39% 40% 393/3 39'% 39'% 393% 1673/8 167% 1671/2 168'% 168% 1691/2 168 3/2 *39% 40% 125 122 28% 28% 56% 56% *63% 63% 135 133% . 126 27 553% 553% 55'/2 900 56 633/4 63% 633% 633% 633% 63% 135% 134'% 1353% 1,000 1,140 134% 14% 35% *1173/4 11% 135 15 172% 134 11% 363% 118 1341/2 1343% 14% 143/a 14% 172% 172% 61% 35 117% 172 61'% 132 133 35'% 36% 118 118 132 35% « 118 14% 1,500 1721% 35,200 61% 17,900 132 36 310 51,400 10% 11'% 11 11% 11% 11'% 27 27 27 263% 27 19% 193% 5,900 79% 270 265/8 193/4 20 19% 193% 19% 20% 79 77'/4 773% 78 78 80 81 69% 69% 69% 69% 70 70 69 69% 19% 20 19% 195/s 19% 191% 19% 19% 93% 94% *93 94% T •4% 94% 42 421/4 42 42% % 41% 413% 51% ♦93 413/a *51 % 94'% 42 52 ' ♦51% 52 *78 ;*69 19 70 19% •103% 105 X38% *104 39 38 38 105 *104 105 37 % *104 37% 105 900 270 4,700 •931/2 943% 80 41% 41% 25,300 ♦50 51 K 39% 1,770 40,200 118% 11% 26% 51% '61% 36% 118 27 Mi 52 172 1323% 20 • 14'% 14% 61% 19% X79 55'/a 1723% 26% ; 120 56 27 39 800 4,000 633/4 1173% 51% 273/4 56% 132% f 273% 27% 39% 125 56 *63% 62 11 *124 28'% 133 117% 39% 39% 125 27% 172% 36% •123 28% 14% 36 39% 40'% 125 28 172 J/4 xl4% 39% ♦123 4,800 39% 39% *123 4,800 32% 503/2 39% 40 7% 32% 51% 167% 2,900 176 50 51% 39% 4,900 32,200 33 51 166% 20 51% 51 61% 6.23 No par ' 102 24 24 24 23% 24 30 3/2 30 S/8 30% 30% 103 132% Hocking Glass Corp— Common ■ Feb 39,800-- 30% 62 preference—No par & Smelt com 1 $5 prior conv preferred 25 Anaconda Copper Mining 50 Anaconda Wire & Cable No par 41% Aug 13 14% 85'% 30 '/a 133 Zinc Lead 1,400 / 85 61% $4 conv prior Amer 5,300 > 14% 132% 100 ' ,> 77 30% 1 613/4 com—5 Preferred 6% series 25 American Woolen common—No par 188 »/2 77 86 % t 172 Water Works Co 183'/a 15 32% 100 2 20 -100 preferred 200 25 301/2 49 par par 25 3,600 31'/2 25 143% 100 common American Viscose Corp com American 78 100 25 1 preferred 183'% 77 12,500 853% 109% 100 100 5 181 78 , 15 ♦138 Refining com—100 Tobacco Tel & Tel Co Anchor 106 Sugar preferred 180 77J/4 7,800 5 86% 50% preferred ..100 Snuff Co common——25 6% noncumulative preferred—100 American Steel Foundries No par American Stores Co 1 7% 180 78 ' K, - 2% 143/4 98 7% American 25% 181% 24% No par American Sumatra 69 *30 253/8 *26% American 4 27% Jan 94% Dec Jan 27 Aug 13 Refg com 82'% • 2% 31 *25 62 Ship Building Co..No par Amer Smelt & 3 23% Aug 13% Sep 10 Sep 11 97 39% July 30 120% Mar 9 17 15% Jan 4 57 29 American ♦30'/2 253% 34% 100 5 10 Safety Razor 31 *25 - 1 86 6% Natural Gas Co—No par preferred *30 3% 46% News American Seating Co— 2% 31 42% No par No par Potash & Chem cl B—No par Rad & Sid Sany common—5 American 135% Oct 16% July 30 134 25% Feb Sep 11 11% Sep 14 68 Sep 21 22 33% Sep 27 30 7% May 10 8% Sep 6% Jan 23% 15 18% Co American Optical Co 39% Mar 24 5 Motors Corp 803% 66 3/2. 70'% 23% 863/4 20% 1 5 — 82"% 69'3% ; 14% 33 7 preferred Amer Machine & Metals. No Amer Metal Co Ltd com No 4%% preferred American Metal Products com 5%% convertible preferred 82 70 6u0 86% *23% European 3.90% 1,100 15% 30% 20 1 Amer Mach & Fdry common 83 69 77% 7 Secur—No par American Export Lines Inc _40c American & Foreign Power—No par American Gas & Electric Co 3 American Hawaiian SS Co 10 American Hide &i Leather com 1 6% convertible preferred 50 American Home Products 1 American Ice Co common No par 6% noncumulative preferred—100 American International Corp_No par American Investment Co of 111 1 5%% prior preferred 100 American Locomotive common 1 7% preferred 100 American 823/4 1803/4 700 653/a 65 69% *25 112'% 1123% 64% 86% ♦102 preferred series C.100 Distilling Co 1123% 65% 15 10 American Encaustic Tiling 38% Sep 29% Jan conv 1131% 83 2% 20,300 86% Crystal Sugar com American 113 3/4 *65% 2% 400 , 66'A 133% 112'% 133 69% *20% *21 10 4%% prior preferred—,. 100 American Cyanamid Co com 10 3%% conv preferred series B_100 1313/2 *23/a 94 65% 643/2 132 813/4 : 79 77% No par No par & Cable 26 125% Apr 181% 180% 25 64 % July 13 29 25% *25 12.50 common preferred 25% Aug 12 55% Jan 151 7,800 *132% 66'% 132 66% *28 31 20 1 preferred American 53% July 28 2% 2% 1 1 common American 7% 113 69% *28 100 interest in common of 4 9 700 973/4 94 95 65% 66 5% 653/4 67% 133% 81% 68% No par 93% 95 663/8 173% 653/4 79 1 (The) Corp *93% 66% Broadcasting-Paramount 11 10 173% 100 48% Jan 41% Jan 18 *47% 20% Jun 117% Jun *173/4 113 preferred 1952 ser 5%%„50 Shoe Co com No par 18 Sep 18% « 114 convertible preferred Theatres 7 99 *18% 10 11'% 973% 12% 17 - 98 973/4 63 Dec 4 11% 973/4 12 23% Dec Jan ♦Hi/4 973/4 63 2 43% Mar 25 11% 96 3/2 50 Sep 14 24 91 *11 % Bosch Arma Corp com—2 Chain 4 11% 98% 134 1 50 preferred American 96% Mar 11% 96% 114 conv 46% Mar 10 6 11% 134 Agricultural 36% July 27 May 98 11% 133% No par Limited 4 90 *96 *93% 4 25% May 27 600 99 1071% *105 98 93% 44% Jan 3 106 *96 ' 105 67% 27% Jan Sep 106 35 Va 105 94% Mfg common 9 21 97 67 preferred Ctfs 29 Apr 14,900 94% 23 Sep 28 34 200 26 5 84 33% 6,500 34% Jan Jan *321/4 341% 3,800 - 4% 49 % Jun 22 84 33% 183/a 45% Nov 51 *82'% 47%" 26 16% Jan 84 393% 40% Apr 23 44% Apr 142 *96 105% 97 200 140 *140% 34V4 35 34% 105 97 21,400 33/4 142 *82% 84 140 83 3% 35% *1381% 391% Amer Brake 5 18% Aug 26 8 *82% 35% 33% 83 82 82 82 35% 140 142 142 105% *803/4 33% 1,900 18% Amer 21% Sep 82 2,700 473% 2nd Mar 15 104% Mar 16% 80 2% 16 5% 39 5/s American Aug 12 41 4 30 170 2% 16'% 16'% 48 3/2 6% Aug 12 Jan 47 *168 3 163/2 473/2 3%% 25% July 28 12% Jan 2 170 *2% 391/2 American Airlines common—. 23 Aug 18 2 34% Sep 21 91 Sep 17 *168 3 16% »/4 Chemical_No par 1 preferred 100 American Bakeries Co com—No par 4%% cum conv pfd 100 American Bank Note common 10 3 24 4 35 168 2% 16% 483% Amer 6 84% Feb 59 168 3 40 Amerada 15% Jan 12 170 40 Amalgamated Sugar Co 75% Jan Jun 113 483/a May 24 2 6% Aug 31 113 39% Aug 23 11% Dec 31 60 113 483/a 26 17 1,200 113 39% 197 Dec 120 9,200 283/a 28'% 28% 113 47% 4 20% Feb 28'% 53 *52 521/2 52'/2 113 3% 84 35% 11% 1 61,300 3 145 35 12% 113 3 ♦96 12'% *168 170 105 % No par . 13 48 11 104 283/4 17,800 12 3/4 52% 28% 25 39% Jan 98 12% 52% 29% 24% 113 113% *142 gtd—100 Amalgamated Leather Co com 6% convertible preferred 70% Dec 29 99 125% 53% 603 24% 38% Jan Sep 13% 28% 500 29% 81% 301/2 82 243/8 .1 47% Apr 23 57 123/4 *52% 293% *faO 3/2 *29% *801/2 30 %. No par 166 5 *29% 18% 19 14 30 3/4 97% Aluminium 4 19% Mar 18 16% Jun 29 148% Oct 2,400 common—No par 100 20 3%% convertible preferred 100 4.08% conv preferred 100 Alpha Portland Cement No par Aluminum Co of America 1 Aug 16 68 4 35 363/4 *13% 4% 4 5 36 5% 8 28 36% Mar 24 24 37 No par Allls-Chalmers 24 11 1% Jan 3% Mar 24 1% Dec 29 36 i/a *293/4 13 "'?% Allied Stores Corp 3 July 14 114% Aug 19 Jan 363/4 *82 % Allied Mills 134 % Sep-24 58% Jan 10 54% Jan 20 3,600 37% 82 Allied Kid Co 8 43% Jan 52% May 25 Sep 14 42% Apr 23 41% Apr 21 1,000 22% 22% 82 3% Allied Chemical ds Dye 4 May 28 93% Jan 103 40 20 48% Aug Nov 40% Jan 87 1003% 22% 16% Aliegneny & West Ry 6% Allen Industries Inc 18% July 30 40 % Sep 29 59% Jan 35% Sep 21 993/4 22% 16% $4,375 cum preferred 1 Aug 100i/2 22 i/a ^1% $4 Mar 31 11% Sep 6 82 8 Oct 100'/a 223/4 36% prior preferred conv—No par Alleghany Ludlum Steel Corp 1 15 89% Feb 157 140 1011/4 22% 5 common 8,800 433/4 43 43'/4 8,100 9 100% 100 1 100 Inc 8% 363/4 29 2% 8% 22% 53% *168 4,300 13'% 101% *100 16 % 4%% preferred Alleghany Corp common 5%% preferred A 2 15 5 17 30% Dec Aug 4% Feb Aug! 24 Janf 6 Jam 87% Sep 91 12 12% 100 10 Gold Mining Juneau Aldens 18% July 28 Jan 3% Jan 5% Mar 25 Sep 14 72 Peb 27 74 Aug 10 3 Reduction Inc 300 133% 133/a 43 i 81% 24% 31 58 Co Express Co Adaras-Millis Corp 1081% 131/a 43% 43 433/4 43% 29% 24% Jan com preferred non-cum 4,900 108 3/a 109 8% 24% 27% Jan 1% Shams 44% 44 45I/4 ♦107 9 No par Addressograph-Multigraph Corp__10 Admiral Corp 1 Affiliated Gas Equipment com 1 $3 preferred w w 50 2 70 8% 9 37 25 104 8% 23 27 5 13% 36% 36% Peb 14 8% 13% • 22% 59% Jan Mar 11 8% 13% 1 16 3% Apr 13 % 44% 29 160 13% 101% 14 49 13% Oct. 1 443/4 45% the Week Friday Sept. 30 o 108% 43% Jun 6 44% 108 % 45% 109 101% 23% Dec 10% Mar *107 25 ACF Industries Inc 25% Sep 35% Jan 443/4 46% 109 100 10 47 Jan 38% Aug 48 Sept. 2!> 109 100 1 2.50 Vending Corp CV*Bep 3 Thursday Wednesday Sept. 29 45% 5 preferred 4% ABC 21 10% July Tuesday Sept. 27 Par Laboratories Abbott 49% Apr 29 ' Sales for SALE PRICES HIGH Monday YORK STOCK NEW Range Since Jan. 1 Lewest AND LOW STOCKS Range for Previous Year 1953 *37 105 37% 105 260 1,000 10 17 The Commercial and Financial Chronicle. 18 ..Monday, October 4, 1954 (1338) Continued—Page 2 NEW YORK STOCK RECORD Range for Previous Nov 25 32 157/b Feb 29 Dec B 2% Nov 24 8% Feb 8% Sep Sep 9 25 28 Armco 27 Armour Dec 14 6 14 13 100 Mar 161 Sep Jan Jan 16 j00 25% Sep 25 32 14 23 103 Jan 15 $3.75 No par 7% Aug 11 Jan 26 8 14% Apr 14 Ashland 26% Jan 18 2.50 2nd 27 „ Oil As 4 92% Jan 8 120% Sep 23 Common 54% Jan 4 59% Sep 24 Preferred 29% Jon 13 6 13 5.25';?, 6% Aug 23 10 Co— 88% July 5 13 > 30 97% Mar 25 92 119% Jan 2 05 30% Nov J8 25% Feb Jan 57% Jan 8 Jan • 5 4 126 % Aug 25 29 Nov 19 58% Dec 16 21 % Aug 26 14 89% July 1 33% Jan 2 27% Jail ' 4 Jan 22 49 ' • \u 30 % Feb 16 28% Juu ■ 99 95% Jan 4 4 ,41% Sep 15 16% Dec 4% Dec 34% Jan 4 48; 103% Jan 36% Mar 27 108% Mar 18 Jan 7 27 8 9 7% Mar 16% Mar 13 6 17% Mar 28 17 9 4% Dec 18 8% Feb 26 16% Dec 29 52% Feb 26 16 4% Dec 22 Jan 45% Dec 14 18% Dec 29 Atlas Mar 24 : Automatic 6% Aug 4 47% Aug 7% Sep 22 : Baltimore 30% Mar 19 18% Jan 11 Dec 29 48% Mar 25 r 39 % Jan 4 55'% Sep 22 29 22% Mar 17. 10% Jan 4 27% Aug .12 Jun 9 76% Mar 17 68 Feb 10 82% Aug 27 43% Jan 4 11% July 1 34% May 5 20% Jatr 4 32% Aug 12 9% Jan 4 11% Oct 1 Sep 14 59% Apr 29 17% Mar 12: 37% Sep 15 39% Feb 7 18 25% MAr 19. 18% Sep 9% Sep 18 14 '34% May 20 11% Feb 27: 42% Dec 4 5 112% Dec Jun 93 *78 Dec 22% Mar Sep *86% M0y 21 9 14 Feb 5 *10% Dec 29 17% Sep 107 81. 1 22 35% Sep 10 12% Aug v 4 29% Jan 4 14 4 17% Jan 4 24% Sep Aug 25 /'97 Apr , 92 Sep 27 17 39% Dec <38% Jan 4 : 51 July 15 % May 18 Jan 27 .1 7 5 Oct 5 37 % Jan 20 44% Sep 15 57% Jan 6 30 ■30% Jan 135% Jun 19 146% Dec 31 :i6 Jan 144% Jan 5 13 Oct 8 31% Apr 30 38% Aug 26 14 22% Mar 17 15 15 21% Jan Dec 15 28% Dec 17 63 ' 15% Sep 5 • : 12% Sep 19 % Sep 22% Sep 27 9% May 05% Apr Sep" 15 23% Mar 14% Jail 11 22 % Feb 3 26% Sep 27% Jan 5 40% Sep 23 69% Aug 10 24% Apr 8 3 2 12 % Mar 12 12% Sep 15 14% Aug 11 Jan 13 12 62% Jan 14 61% Dec 3 29% Mar 18 . 86% Jun 15 94% Jan 12 93 % Jan 18 50 11 49 % Jan 7 Dec , 98 6% Dec 31 13% Mar 19 31 46% Mar 25 Sep 21 33 Mar 9 2 5% May , 1 Co Aluminum As Brass Corp Ami Club Roller Bearing Co As Brass Co I Strati,on preferred Brooklyn Union Gas com As Brown : Bigelow Co Bulova Burlington Mills Corp common 73% Jun 8 15% Jan 4 Brown Shoe Oct 9 Brunswick-Bulkfe-COllender Bucyrus-JErie Btidri $5 Mar 9 11% Feb 8 (Tim) 35 Jan 9 40 July 15 36 % Feb 46% May 16 11% Jan Mar 16 79 % Jan 93 % 5% Sep 15 12% Feb 86 26 7% Jan 16% Dec 29 27% Mar 20 15% Jun 102% Oct 30 109% Mar 10 16% Sep 15 24% Mar 12 98 Sep Watch 16% Jan 40% 32% 10MP0 11 11% 24:100 48 -48% *48 49 48 135 *126 1041/4 103% 34 12% -pf 44% 43% >" ■ 23% *97 \ 17% 183/a 84% 183/fl 18% 18% 18%: 34% 33% 34 33% 33% 33% 33% '"12% 12% 12% 123/8 ■ 12% 44% 43 42% 23% 90% 91 % 46% *23 % 7 27% Jan 2 22 Jan a 1 90% 46 3/4 is n 2934 29% 29% 47% Butte 1% " ■V *164 44% -23% ■ 44 44 23% 17 28 3% Mar 2 1%'Jan 4 2% Jun 14 i Sep 15 9% Mar 2 7% Jan 8 15 1 20'A Sep 10 Sep 11 % Sep 24 29 20% Jan 4 253/b Sep 30 ; 86% Oct 7 46% Jan 17% Apr 21 Dec 43% Dec 27% Jan . *13% Mar .3 * Jan 30. 12% Aug 20 14% May 12 90% Jan 0 22 54% Nov 27 52% Jan 11 99% May 13 59 Sep 30 24 22 Dec 24 22% Jan 5 273/4 July 9 29 34 Jan 5 21% Jan 4 283/sJun 7 16 54 Jan 5 44% Jan 4 - For footnotes see page 28. 61 JjifyUS 47% 20,200 91 < 800 5,900 • 47 n 3,200 v 22,100 1 29% 29% f. 1,700 3,600 24,600 24% 25% *25% ; 44 44% 44% 44% 1,200 23 23 % 22% 23 5,000 24% 24% 24% 24% 24% *25% *25% *25% 25% *25% 39% 391% 391/8 39% 39 59% 39%. 61% 59 5 5 18% 18% 33 33 13% 14 61% 18% 9 68 5 100 68% 69 *96% 53% 18% *32% 61% 60 611/8 59% 98 53% 18% 14 68% *68 93 *97 53 68% 93% 93% 18% 33 13% 13% 1 300 530 14% 14% 14% 5,200 8% 8% 8% 2,400 1043/4 11,200 *97 53% 4,400 69 95% 98 "53% 98 52% 68% *68 683/4 961% *97 531/4 68 % 68% S3 % 98 523/4 18 % 32 14 *68 94 *97 98 533/a 3,300 18% 681/4 68% 68% *68 49,500 8% 8% 683% . 69 60% 141/4 14% 8% 9 400 10,100 321% *13% 14 141/4 14% 6,600 39% 18% 32% *13% 25 25% v 323/a 18% 32 33 *13% » 93% 92% 62% 70 44'% 23 25% 39% 165 23% *43% 25% 12 Bros Byron 11% 26V8 29% 10% 30% 42% 57% 26% 99 * 32% 13% *25% 10% 30% 42 57% 26% *97% 32% 13% *78%18% » 29% 25 • 533/4 3,600 4.C* 29*8 29 29% 10% 10% 10% 10% 103/s 10% 10 l/a 10 3/« 30% 30 % 30% 30% 30% 30% 30% 4,900 42 4134 41% 42 42% 42 % 42% 30,700 57% 573/4 57% 57% 57 57% 56% 57 26 25% 26% 11,600 1.200 26% 14,000 25% 26 25% 99 *9 7% 9J *97% 32% 32% x32 32% 133/a 133/8 13% 133a 13% 131/4 *13% 13% *793/8 79*%, 79 79% *78% 80 *78% 79% 19 18% 18% 18% 19 ■ 18% 19 18% 19 2,500 29% 23% 29% 281/2 28% 28 Va 28% 5,900 133/B 16,300 79 % *96% 263/8 13% 79% *79 273/4 273/4 28 43% 44% 433% 44% 5 53% 53% 533/4 533/4 1 13% 14 % 13% 14 *85% 87% *853/4 87% *75 22% 76% 22% *75 76% 22% 22 1 *14% 15% *14% 15 *44 45 99 , 32% 32 323/8 32 99 *97% . 3,900 1,900 500 13% 13 % 72 % 79% *79%. 28 27% 28 28 %* 28% 1,000 43% 44% 43% 44% 43% 43% .10,500 53% 53% 13% 13 % 131/4 791/2 , . 80 600 53% 533/4 53% 1,500 ' 13% 14 14% 1434 14% 14% 33,800 i *853/4 87% *85% 87% 85% 85% 76% 76% *75 21% 22% 21% 22% 22% 22% *14% 14% 14% 14% 14% 15 . V2 ' 53% 10 * 77 *75 77 10 16,200 400 Bldg— preferred 50 15 100 , — M) common— preferred participating Co 5 No par 100 10 - -- 5 Callahan 1 Zinc-Lead 4. Calumet As Hecla Inc^—; 5 Campbell W As C Foundry :__15 Canada Dry Ginger Ale com—1,65% $4.25. conv preferred—, No par.Canada Southern Ry Co —100 Canadian Breweries Ltd_ No par Pacific Cannon Mills 1,100 41% 13% Copper As Zinc .Canadian: 1,500 29 *28% f. 6,600 25% iuO 30% 79% 100 100 12 11% 25 25 29% 29% , 12% 12 12% 11% 12 26% 80 27% Co common Jackson 12% 25% 29% 29% 13% California Packing Corp 33% Sep 1% Dec 102 3,200 23% 46% • 2,700 ; 100 89% 47 :'„- ir, TU 5 prior conv Byers Co. (A 6 6 % 15 43% *97 29% ■ 60 123/8 29% 1 6,500 33% 12% '■29% M 60 18% 34 33% 29% 1 7,100 ' > 100 90 47 18% 43% *97 91% iio 18% 2j V2 ' j- / 2 J *>/a . 100 *97 ■ 42% 2S3 a 28% , 100 I,900 ' 85 . *33% 21% 21% 93% 93% 9% 9% 23% 24 102% 103V2 22% 22% 44 21i/4 93% 9% 44 233/4 93%. 8% * 102% *223/8 21% 03% 22% 9% Ry s.__ 25 No par 30% 30% 31% 2% 11% 24% 12% 92 *57% *25% 26% 92 58% *57»/2 253/4 253/2 25% 27% 26% 27 54 54% 54% 54 . 2'A 8% , 22% 14,200 93% 560 8% 83/4 2,000 25% 5,300 8% 24-3 4 24% 25 Ve 103% 102% 103% 22% 22% 22% 22% 303/8 2% 10% 24% 24% 12 % 12% 92 92 59 30% < 29% 2% 11 :. . - , 2% 2% 10% 11 3/8 10% 24% 20 21% 93%" 23% . 4c; 21% 93% t ♦1023/4 ■ 30% 2% 10% 233/4 12 % *44. 44 44 21% 93 % 9% 233/4 1023/4 45 21% *44 ■; 21% 93% ' ' 20% Oct 17% ♦84 • *33% 34"/ 280 106 *83'A' 46 % 47% 135 "♦104% 17% 91% V *126 104% 84i/2 34 12% 48'% 135 104% 17 y8 29 13% : 4%% .preferrted 16 24% July 22 ' 31% 11%; *79 27% Inc_—! Co Terminal 5% 12 Jan 40 321/s u 5 5 - - Terminal Butler 7 26% Sep 40% * 31% 11 :•/•••• 10 Co Bush 3 10% Apr 105 July *39% 31% No par 1 Cp Burroughs Corp 22%Sepv3 15% Feb 39% 31% 29 Co common—T preferred' 3%% preferred 15% May 20 11 % Sep 30 79 • Aug 28 39% 19% 40 No par preferred 4% 86% Apr 6 77'/2 Aug. 11 22% Aug 19 15 19 24% 15 Inc Co Bush 11 v *83% 39% ' 15% July 15 3 16% 17% 25% No-par 2.50 TOONo par 1 Bullard 30 16% 23% 25 100 5 2.50 5 Airways Inc 3%% 51% Aug 16 57% Aug 20 Jan 171/a *126 34 23% 100 preferred 25 % Jan 17% Feb 16% As Maine RR— Co Forge 78 16% 48% 19% p''1' 25 preferred Buffalo 10 16% 104% 34 *68 Mar 12 14 :■ 83 %-v- 33% 500 11 17% , " 53%/' • 83 P*' , 53% 135 104% 17% 44% 15 (The) 30 Jun ' *126 8% 25 % Feb 13% Sep *81% 54% 11 48 48% 105% 18 * 67 82 54% 31 9% " 3 25% ' *81% 29% issued" Bristol-Myers Co common—: 10 11 6,500 30% 135 47 Inc—1.25 Sep 37 % Mar 24 2,200 14% 80 80 % Feb 53% 14% 14% Aug,11 10% Jan 20 52% 14% 32% July 27 7 81 % 1 Inc Edison Br'iggs 14 2 4,400 25% 81% No par Co Braniff July 28 2 543/4 25 82 12% —No par class A Co B Stores Bower 2 Jan 52 25 33% !—7.50 Co * 14% July 19 43% Mar 53%/ 25 1 Chemical Airplane Class Mar IL 91% Jan 53% 2.50 Co (E W) Bohn Bon Aug 16 27% Sep 21 17 54 *25 „ 1,400 3Va% 10 53 % • 4,000 II,300 Boston 29 38.900 70% Borg-Warner Corp common— 22 26% 13% "When Jun 25% : 165% Borden 10 V* Dec 25% 133/8 Boeing 11 74 25 70% Jan 35% Jun 25% 165% -11% Jan v~16 25% 70% "74 No 26% 13% 83% Feb 37% 18,400 1651/2 Jan 2 10% 13% 22 17% Jan 10 *701% 28% May 20 16% Mar 25 6 60 10% 13% 20 V* 3 59% 10 , 70% 13% Jan , 60 10% 10% . 3,800 59% 10 60% 40% *; 6% 593,4 10'/a *39% . " 83 6% - 59% 10 164% 22% Mtir 17 72% Dec 7% 7 200 164% 66% Jan 14 15 % 7 31,600 46% 164% 69% July 14 13 % Nov 4 Sep 10% Sep 7 10,200 6 *45% 45 '/2 45'% 13% Aug 12 Sep 46 100 21 20 %x 23 70% 5% 83 5% *45% ^ 17% 22% / 6% 6 77 17% Sep Jan 23 57a 14% Sep 33% Aug *17% 22 s/8 " 60 6 *17'/2 •17% v 22% 6 40% 21 Jan 17% 22% 210 8,900 11% 76% 33 % Sep 12% Jan 11% 3934 Bridgeport GO *173/2 *33% Briggs Manufacturing Corp__No par 26 11% 11% 1,900 ' 78% 17 29 12 46 40'/a 14 13% July 20 5 16 45% 77% 42% Sep 27% Jan 122 *15 39% 33 Va Aug 15 122 16 78% 4 25 46 124 *15 39% 6 11% Sep 45% 122 3/2 ...; 16 n% XV 22% 46 46'/2 125. ■ 78% 11 22% Jun 46%' *15 39% Common luu 9,200 18,100 79% 6 % Jan 4 381/4 J 70% nioekson 32% July 27 10% Sep 29 July 20 38 39% 36 % Jail 95 % 38% 78% 23% Jan 19% Jan 38% , x39% 7 9 410 393/8 78% 25% Mar 10 99% Feb 993i 40'A 42% Feb May 28 35 99% 39% 11% Jan 91 22 34% 99% 13% 14% Aug 12 11 *21% 35 / *78% 31 Jail 1 16% 92 15 22 38 22 34% X993/4 *123 16 91 Sep 39% Aug 17 26% Jan 20 *21 '/2 35% 6 % 46% 22 25% • 100 5% Dec 2 8,700 4 19% Sep 28 1181/4 70% 31 3 117 70% Illlss 56% Aug 20% May 11 25% Jan 11 117% 164% Boston 26 % Dec : ■ 12 16% : 10 117 38% 39% 55 24 1,300 103% 100'% 35 35 % 54% 42% 2,600 *102 99% 22 100 55% 23% 5,500 59 3/8 34% 103% 118% *21 % r com—Na*par '■j Bliss As Laughlin Inc 104% Oct 12 48 % Nov 117% 55% *97 117% 591/4 -44% 59% 35 *102 119% 82 18% 1.400 '.14% 74% Sep 68 % Sep 4 *34% 45 13% July 29 74% Jan 59'/» 35'%' 420 109 115% 116 1153% 59% 107 45 70% 57% Mar 17 10 106% *107% 45«/2 164% Book-of-the-Month 8 106 com 5 12 % Jan 4 4 5,500 —1 (Del) Bond 6% Jan 68% Sep Sep~15 26 8 .117% 102 25% 83 —-1 _ Steel 34% Aug 27 15% Aug 30 15% July ,30 Jan 13% Jan I 3 Mar 25 5 18% Aug 31 23 13 16 May jAug 16 25% Aug 12 25% Aug 12 25% 29,009 4%% pfd series of 1951 100 Black As Decker Mlg Co—_—No par Blaw-Knox Co (Delaware) _10 July 30 50 5 14 64% 73 15 6% Dec 86 . 9 12 1,200 251/2 109 45'% 59% 102 54% 17% 1 peso 7% preferred ' Blgelow-Sanford Carpet (Del,) 14% Aug 13 17% Jan 21% Jan Mar 30 30 Foods Bethlehem 12% 25% 25% 106 35 102 *81% 100 cw 12% 25% • common—10 Corp 12% *1073% 45% 116 120 ■V^'V 251/a 5 Loan As "> 45 453% 25% 48-, 10 — 8 00 : 25% 25% 109 *107% 109 81% *104% —50 10 —1 * 1 CD common: 12 «/2 *25 106 105 106 16 • *126 100 1 Cp— £, 1.UU..W1 .ivmuug Co . Best 2 165% Sep 1 4%% pfd preferred Best 17 36% Feb ; 38 16% 41% Sep t 6 / 26% 55 % '55 2.50 Inc (A S) Beneficial 7 82% Aug ... — Aviation Bendix 30% July 22 4 15 82% Jan Jan 16 9% Dec 4 J 50 l'/oJan 1 '24 4%% .v 26 81% preferred—100 preferred—. 100 Bell As Howell 8 11 33% Jun * 55 Corp:—.—,, Beech Creek RR—1 Beech-Nut, Packing Belding-Hemingway Bell Aircraft Corp 23 48 ; 26% *25% prior Mills 25 *59% 11 • 12% 25 47 39% conv 12% 25% 127 ;.. 31% , 18 4% Jan 23% ■.i' 11% 27% Beech Aircraft Corp— Jan 35 , Jan 27% Jan 233/4 7 10% 4 21% Aug 4 17 90% Jan 25 233/4 7 26% common Works Beck Shoe -60 % Dec 30 233/4 23 23 23 47 10% 10 preferred Beaunit 68% Mar 20 22% Nov 400 *143/4 , 31 " 12 Jan 6% *124 6% 46/a 39 % Aug 5 Mar 12 14 May 21 60 *6 3/2 35.% 60% Corp.: Iron 30 Jun Sep 90 6% 6 50 10 4%% Bath 23% Jan 2 22% Mar 13 6% 21% Buy.uk Cigars Inc-—-.——No par Beatrice Foods Co common 12.50 '..I 1 10% Apr • Mar 16 93 Jun 6% *173/2 via 16% 4% % 88 Jan *6% 39% 10 3%% 19 6 9% Jan Brothers July 29 134 3 32 Oil Barker 51% July 30 4 4 6 8 500 6% *993/4 7 Ohio common- As Barber 30 40% Oct •; 13% May 29 19% *21% > 23% 6 46/4 noncumulalilve preferred—100 As Aroostook common 50 Convertible 5%' preferred! 100 May 14 17 % Sep 99% Jan 30% May 26 26% Feb IS! Oct 16 33% Jan 14 Jan / 9 16% Mar 20 31May 19 *27 107 57 9 Dec 100 90% July 28 114% Dec 28 40 % Jan 7: 28% Aug 17 ',1 140 *18% 117 10 Corp 200 19% 453/3 17% 22/4 Bangor 67 jf *17% 4% Dec Co 4,400 166 , *18% *100 60 luc Wilcox *162 161 " 1 As 161 193'4 118 13 100 (T) Bald win-Lima-Hamilton 164 *160 5,500 , *1834 105 (The)-Nopar Babbitt Biibcock 18 11% Dec 99% 18% *107 3/4 47% 128 *12% 4 16 '• 10% 11% Conleen Co 10% July 22 7 11 39 38 82% 25% *"*■ *21% 22 .35% 35% 99% 99% 39% 39% No par common 65 % Juiy 12 4 8% Jan ! 99% 35% ($1.20)—i-No par of Amer—5 Avco Mfg Corp (The) common 3 $2.25 conv preferred No par 5 42% Jan 97% 82 09% 59% pref prior Conv 4 5 • Nichols Austin 4 . 96% 82'% 99'% 12% *47 *125 _—— convertible pfd series 18% Aug 23 24% Sep 7 12 20 May 20 4% Jan 21 11% Mar 26 97'% 81% V (voting) Common 4% 37% Jan 16 14 Sep 23 23 4% Jan 35% Jan 7 - 97 59% ~ 20 A—100 Tack CorpJ——--No par Sep Sep 14% Aug 23 Feb Jan 5 15 Dec 1 ill! 1-0% May 28 13% Jan " 128- Powder— 3,600 99 v34% 5 Atlas Corp 7 80,500 933/2 35 *100 102 116% 117% Refining common—*—10 Preferred $3.75 series B 100 v" 31% Apr 24 8 Jan 33,900 11 82 59% distribution liquidating 53% 10% 93, 25 35 Atlantic 100% Mar 30 29 2 Ex 26 30% May 17 23% 523/4 97% * 59% Atlantic Coast Line RR :_No par Atlantic Gulf As VV t SS Lines— Atlas •4% July 16 15 Feb :60 i 4 23'/2 4 82 161 22% 119% 120* 50 com—10 100 City Electi'lc Co preferred 4"!o 102% Aug 31 Jan 83 % Dec 25% Sep Atlantic 37% July 26 2,100 6% 45%" 45 -50 ; —— 1,500 40% *4 13% 100% 107 *107% 109 <100 preferred-—-———100 2nd 11 200 4'/« 40% 99% 161 25% 25% : 1st preferred—— " Associates Investment 53% 2.600 12% * ————————1 Common Aug 6 Aug 30 Aug 30 24% 5,000 45 82 81% *93 12% 12% 25% * 25% 1 Refining Co_„ 24 /. Shares 40% " 101* 99 102 82 r';. 99% 160 18% 6% 4'% 53% 11 " ' 40 40% 103% 24% 54 10% 11% 43/4 403% 24 % 54% 40% *40»/4 41 53'/4 *24% 11 23% Atciilson Topeka As Santa Fe— Sep 86 50% Jun ,4% 24% ■ *23 preferred $1.50 series—No par Associated Dry Goods Corp— 26% 110 107% 47% 31% Jail 4Va 40% v« ' ' 4 Jail *11% •; .53% ,11% 100 81% *99 160 *13 6% V -i.—— 44% 12% 4% 41 24% 53% 11 No par $4 convertible preferred-—No par Arnold Constable Corp— 5 Artloom Carpet Co Inc No par preferred 4 96 22 Mar 25 99 '/a Apr 53 Armstrong Cork Co corn——No par 3 15 20% Aug 19 May 13 93% Jan 3 2 24% 5 com prior preferred $6 conv 27 Illinois of Jan ,1 23 22 15 Co As 11% Sep 21 6 Mar 27 22% Mar II 18% Sep 5 —10 Corp Corp— Steel 44'/2 12'/2 41% 4% 4% Arviu Industries Inc 18% Jan 89% Sep Sep 82% Sep May 19 5 18% Mar 25 29 102 114 2 10% Mar 26 32% Jan 38 26 11 Jan 93% Jan 7 23 Jan 11% Sep 8% Apr 57 Oil 44'/2' 123/2 12% 42% Oct. 1 / *12% 46 % .; - the Week Fridar Sept. 30 45% 12% 4l/s Sales for Thursday 41 ' 45% 41% PRICES 45 12% _5 — SALE 40 47 * 85% Apr Mar 25 "12% No par Tnc Products Co W 54% Sep 19 % Jan 14 15 92% July P 25% Jun 117% Dec 30 32 Argo A 4 97 24 102 Va Sep 21 16% May 28 11% Sep Archer-Dantcls-Midland 4 4 59% Dec 29 89% Sep 25% Sep 21 22 20 17% Jan 93 15 5% Dec 4% Sep 32% Jan 9 43% Jan 77' 11 33% Jan 52 14 14 15 48% Feb 23 5 12% Mar 26 Jan 14 Sep 10 HIGH Wednesday Sept. 29 41 40% 41 40*4 46% _14 Corp Oil 2% Feb 13% Sep Sept. 27 21.80 Mining Copper 23% Mar 27 Sep 16 30% Sep Anderson-Prichard Andes 42% Sep 30 * Par Andersori Clayton As Co—- 52% Mar 29 41 26 7 Jan 5 July 21 6 -57% May 15 40% Sep Illghest 42% July 30 33% Jan Monday STOCK YORK EXCHANGE 12 S Jan 45 Lowest ' Highest Lowest NEW Range Since Jan. 1 Year 10511 AND LOW Tnesday Sept. 28 STOCKS 25 •' *102%. 103% / 303/4 30(4 30'/4 1,900 2y8 243/2 24% 123/4 12% 12% 92 92 91% 58% 25% ^ 11,700 25 12% ' i'' 3.600 10% 243/4 '91% 23/4 10% 2 3/4 11 12% 13 *91%' 5,900 " 92 - 58 '/2 59 25% 25% 25 y2 25%' 26% 26 y8 26% 26 ' 55% 543/4 55 54%" 54% '*58 * 700 25% .- 27 15,500 70 60 58% 26J/4 - • 320 *25% *55 100 1,200 22%^ 22% y8 * 31,600 500 X Number 5365 [Volume 180 ... (1339) The Commercial and Financial Chronicle NEW YORK STOCK RECORD 8V2 Dec 29 13% Jan 23% Sep 14 30 14 19 % May 16% Sep 28 25 5 16 48% Dec 14 46% Jan 12 Carborundum 19 Carey Jun 22 Carolina Clinchfield & 16 25 111'A Dec 24 143 45% Sep 21 96% Jun 23 18% Dec 14% Mar 27 Jan Jan 9 65% Jan Feb ■ » 105 62'A Apr 13 4 2 44% Feb 27 Carriers & Case (J I) Co 101% Jun 4 16'A Apr 28 29 38% Jan 6 24 133% Jan 2 24 15% Sep 2 15% Oct 19% Feb 4% Sep 26% Dec 15 7% Feb 26 31 40% Jan 22 59% Sep 15 73% Jan 30 Sep 10 Oct 1 Apr 12 . 4 Va % Celotex 19% Mar 25 16 Jan 4 30 16% Mar 18 15% Jan 11 24% July 23 18 Vb Oct 1 19 20% July 27 19% Oct 1 21 VB Ma r 12 4% Jan ;4 13 11% July 14 - 16 97 Jun 12 17% Jun 24 73% Sep 28 15% July 27 46% Aug 30 12% Jan 4 8 8 105 % Jan 19 2 19% Jan 8 * Jan 110 20% Mar 28% Feb .14% Sep 112 30 Sep 14% 32% Sep 13 22% Aug 17 Cerro 3 33% Jan 4 42 Co Chain 62 63 *104 105 • 20% 61% •' • • *103 20% > 51% 51% 52'A 17a/4 17% 17%' 14%' 14% 14% 14% v 63 % *18 18*18 20% 20 6% 100 6% 72% 73 15% J class 112 10 24 24%, 1 23% 24 Va i8% 18 % ■/. *18'A 18 % A—50 112 *111% 18% 18% *18% Co 26% 26% 26% nya "IIV2 Mills Corp Products Corp No par 5 1 31% Co *7% 10. * 20 Va - Charapio^i 34 % Dec 103% Jau 11 5 33 3 22 Jan 98 % Jan 16 92 %Jun 30 22' "7% 6-% 6% 2,300 29% 29% 7,000 72% 73 73 15% 73 2,600 15% 15'A 15 Vb 15%" 7,100 > 45 V4 45Vi 45 45 112% 112% 72'A 45% ' Y 112% 24 23% ~4% Sep~15 5 39 Jan 4 84% Jan 31 31% Feb 4 25% Jan 15 41% Feb 2 33 Vb Jan 4 Sep 18% Feb 23% Feb 3 27% Sep 17% 17% 18 18 *18 *18'A 18% 26%- 27% 26% 27% 11% 11% 12 Aug 31 18 % Jan (5 5 18 % Jan 4 27 17% Jun 16 Oct 7 26% Jan 7% 7% *7% 7% 100 30% 31% 30% 30% 4,900 19% 19% 19% 19% 7,200 40 40% 40% 40% *40% 27VaOet 6 34% Jan 21 12 Sep 18 14 4 3b Sep 1 15%. Sep 20 5% Jan 4 13% Aug 23 46% Jun 26 10 Jan 6 29 22% Jan 13 15 51% Jan 2 10% Dec 30 21% May 21 10 % Jan 11 30 44 Vb Aug 6 27% Oct 1 10 Jun ' 2 35 Vb Mar 13 Aug 34% Feb 5% Class Chic Aug 31 59 Oct 6 9 89% Jun 25 95 Jan •* 96 5 11 92 12 7% Oct 13 9% Jan 22 14% Feb 18 3% Feb 6% Oct 13 13'A Feb Dec 29 39 Jan 13 5 58% Dec 29 96'A Jan 23 2 6 10% Aug 30 5 20% Sep 1% Jan 10 22 105% Sep 4 3 Jau 7% Jan 5 5 35 56'A Feb convertible preference 17 18 Childs 100 28% 5 32 *84 73'A 105 *9 19'A 2'A *9% 32 % 65 Vb No par;,. 10 1 - 5%, convertible preferred-.; 4 Chile Sep Chrysler 30 Co. Copper ? No par common—i_ Co May 25 70 1 H% Chicago Yellow Cab-.-. Chickasha Cotton A Oil 11% Aug Feb 21 North Chicago Rock Isl & Pac-RR—No par 5% conv preferred series A-_-100; 11% Jan It 1% Dec $3 77% July 30 4 7% July 7 10% Sep Jan Western-com—No par No par preferred series A_. Chicago Pneumatic Tool com 3 Aug 8 Vb 12% 40% & ^Pac poncumfpfd— A 5% 36% Aug 12 Jan 62 % Jan 100 Paul St series Chic & 17 63 76% May 27 !5% No par B Milw 5% 25 25 - 25 Corp 36 15 V2 8'A 121/2 41 11 Vb 28% 32% 90 74 105 9'A 19% 2%7 IOVb 33% 65% r 36 50 preferred Chicago Ind & Louisville Ry cl A_25 30% Aug 31 Mar"19 82% 59 22% 31'A *35% 15Vu 8% May 21 8 31 30% Dec 22 32'A 17 12% Mar Dec 5% Dec 22% 31% 8 Chicago Corp (The) 23 27 Vb Jan 6 Jan 32% Sep 40% Sep 10 i 1 Chicago Great Western Ry com—50 27 Vb- May 14 _ 820 19% x26% A 9,300 11% 7% 31% 273/4 Class •' :.k 8Va 12 40'A 11 Vb . 28 32 *84 72 "A 104 9 19 % . 2% *9% 33 / 65% * 26% 19 25 35% Jan 102 20% Feb 22 25 4 104 Jan 12 47 Dec 55 r ; Jan 18 97% Jan 22% Dec 17% Jim 2 98% July 22 22 4 35% Jun .7 78 14% Jan Jun 10 Jan 30 28 28% Jan 95% Jan 15 102 ,9 Sep 13% Sep 104%' Sep 30% Dec 6 9'A Sep 95 J Common Aug 44 j-. Sep 109% Oct 16 70% Oct 24% Jun ; 84% Aug 12' 11 12 Jan ,• 4. 97/s Jan 5 4% C v—— — 31% 30% 31% 23,000 6% 6% 6% 6% 800 *37% 38 Vb *37% 38 VB 300 35'A 35% 35% 35% 16,600 Service 74% 17% 1,300 1,000 22 22'A 22,000 31% 31% 2,400 34% 35 15% 15% 2,4UO 8% 1,500 12 12% 16,000 40 40% 4,500 10% 11% 5,700 28 27% 28% 5,500 32% 31% 32% 6,300 *26 22 Va 22% 31% 31% 35% 35% 15% 15% *7% 8'A 8 12 V4 12% 39% 40% 10% 11 27% 31% >. 26% . 19% No par Co_i____ 42% 10 102% .43% 105% 12% 13% - 5 —100* City Investing Co common 5%% preferred 26% Dec ; 14% Dec 33% Mar 15 28 5 17 27% Jan . Aug 3 15 28 83% Feb 9 74 ' Jan 44% Jan 6 33% Jan 19% Aug 20 ' 4 , - , Jan 4; . City Stores Co 'common--—™—5 _.187/8 91 27 5 Products".Cpfctjil;'——ifio par 34% convertible preferred—100r Equipment Co — 20 C C C & St Louis Ry Co com—100 5% .noncumulative preferred—100* Cleve Elec Rlumiuating com.No par $4,50 preferred No par Cleveland & Pitts RR 1% gtd—50 City *18% 72% Dec Oct Mar 24 172 Feb 10 90. 47% Jua 16 152 - 80 . ( Jun 15 41 Sep 18 Sep 33 Vb Sep 170 30 107 19 Mar 23 • Jan 64% Aug v 2 16 25% Apr 15 18 11 43 Vb Mar 20 37 Jan '.-75% Sep 24 Feb 92% Apr 44 7 j Mar 24 -5 110%' Aug 27 ,5 70% Jun -40% Aug 13 44% Mar 19 21 91 7 53% Jan y 4 54% NOV 24 75 May 12 87% Sep July 14 109% Jan 12 70% Dec 100 . Nov Aug 20 49% July 19 210 ■ Mar 15 July. 9 ... Mar 23% Jan 27 4 27 22% Jan 29% Oct 9 89% Jun 97% Nov 25 2 • 107 , 89 2% 2% 10% 9% 31% 32% 30 30% 68'/a 70 68% 69 *' 32% Sep 28 Clinton l 103% Sep 28 Jun 32% Mar 25 Dec Dec"23 .2 27 111% Jan 4 125% Mar 17 930 17 2 976 July Apr 13 - 2 38% Jan 7 56 % Sep 5 86% Jan 4 12% Jan 20 95% Sep 16 20% July 28 Nov 20% Mar 17 - 15% Mar 24 40% Sep 43 11 Apr 95 % Sep 6 24% Feb 27 31 14% Sep 14 37% Aug 140 12 Jan 47% Jan 8 13 3% Aug 30 4 90 23 80 Dec 2 VB May 89 29 66% Mar"24 41 19% Sep 20 Coca-Cola Co Alkman & 17 preferred 5%% Sep 23% July 38% Sep 31 com—No par 18% 18 18'A 18'A 18'/2 35,900 42% 1,700 50 42'A 43% 15 22 % Jan 2 15 % 32% Jun 17 37% Dec 2 29 Sep 8 Mar 3 21 % Dec 29 27'A Jan 27 20% Oct 28 24% Jan 15 6 23% Jan 3 17% May 23% Jan 5 27 26 Cone Mills Dec 30 6J/4 Sep 14 18 34% Jun 20'A Dec 11 31 20% Jan Feb 25 7% Jan 12 , 27V2 July 15 13J/4 Sep 10 42% Dec 11 407/8 Jan 4 1031/4 Jun 2 109 '/2 Jan 5 107'A Apr 26 121/2 Dec 16 16% Apr 23% Jun 10 28 24 12% Jan Jan 5 26% Jan 110'/2 Jan 7 . 23 47% Aug 4 3 109% Mar 4 16% Sep 20 4 Jun 15 91 Jun 10 11 Jan 5 48'A Jun 16 17 Sep 14 5 % Dec 23 8 29 Dec 35i/e Apr 23 99 Jun 99% Jun 19 18 102 Mar 26 13'/2 Apr 58 Jan 27 2 107 98 7 Jan; 10 Va Jan 12% Feb Jam 7 Jun 7 Apr 26 9Va Sep 8 5 112 106'/a Jun 7 89% Sep 23 95% Jun 4 90>/2Jan 4 13 58'A Nov 6 54J/2 Jan 4 97% Jan 8 96 11 25 J/a May 21 49'/2 Aug Jan 21 20 1 64'/2 July 30 101'A May 25 20% Jam- 4 5 Sep 1097/a Feb 7 45J/i Jan 102% Feb 29 8% July 30 6 387/a Jan 2 24 103% Jan 23 May 20 16 Sep Jan 19 40% Nov Jun 87 Sep 75 4 18% Jan 1 25 " 109% Jan 108% Feb Feb 105% Mar 25 9 42% Jan 93 ■> 11 54 5% Jari 4014-Jao 112 7 18 38 J/2 Jan 31% July 26 8 Jan 105 - Sep 22 ,-.23 % Mar 29 99V«Oct 1 77'A Aug 26 101 Va Aug 30 74% 68% 73 J/2 3,800 15% 15'A 63,300 *51% 52 Vi 1 68% 70J/4 68'A 68% 68% 70 69 69 15% 15% 15% 15% 31 31J/4 31 Va 31% 31% 31% 81 80 J/2 80 y2 80 3A 80%' 49'A 49 J/2 48% 49 30'/a 30'/a 15 '/a common—No par 31 J/2 31 Va 31'A 31 J/2 preferred-No paT 80 J/2 80'A 80 V2 80 J/2 ♦80 'A 50% 49 "A 49 Southern 49 J/2 Solvents 49'A 50% 30 Ohio Elec—5 30% 52% J/2 , 6,100 4,300 310 *- 6,500 8,700 30 'A 30'/a 30'A 53'A 54 J/2 53'A 53% 52'A 53 52 52 51% 51% 1 45% 46'A 45 >/2 46% 45 »/2 46 J/a 45% 46'A 45% 46 10 10,500 19% 19% 19 »/a 19 Vi 187/a 19 J/a 18% 19 J/a 187/a 19 Va 11,000 43'A 43% 43% 43% 43% 43% 43'A 43% 7'A 7'/a *7 J/2 7% 7% 8 7 »/2 7% 7 J/i 1,900 22% 22% 23 22% 23 12,900 19% «_No par com—25 Publishing Co^—No par 10 Corp No par Corp— Ex stock distribution —Consolidated Coppermines Corp—5 Consol i^dison of N Y com™No par $5 preferred No par Consolidated Foods Corp ,.1.33.% PowerCoofBalt com—No par 100 100 Consolidated Laundries Corp 5 Consolidated Natural Gas 15 Consol RR of Cuba 6% pfd 100 Consolidated "Retail Stores Inc 1 Consolidated Textile Co Inc 10c Consumers Power Co com No par $4.50 preferred — No par $4.52 preferred No par Container Corp of America— Preferred 4'/a% series B Preferred 4% series C Common 4% preferred 68'/a ' I 15 '/a 30'/a 10 100 Continental Baking Co com__No par $5.50 preferred No par Continental Can Inc common 20 $3.75 preferred t No par 30'A 30% 7% 43% 43'A 21% 21% 21% 21% 21% 19% 20 19% 20 197/a 197/a 197/a 19% 197/a 25 *24'/a 25 *24% 24% 23% 24 24% 24% 12% ' 13 12% 45% H 0 CO 16 »/2 45% 45% 109 e 16% Consolidated Gas Elec Light & 100 250 15'A 53 No par Cigar 52 J/4 15 Congoleum-Nalrn Inc. Consolidated 52 52'A 70 Commonwealth Edison Co 20'/a May 990 52 69 J/2 8% Aug 23 Nast 30 56 69 J/2 44% July 19 Conde 43 54'/a 69 »/2 4 Commercial *42 J/2 54'A 51 J/2 4 May 11 43 53 'A 69% Credit Co Jan 42% 48 53% 53 69'A Engineering Inc.- 36% Jan 5% Dec 16 421/4 437/a 53% 53 Commercial & 42% ♦43'/a *53'/a 54 42'A 437/a 69 J/4 Columbus Jan 34% Jan 53% : 42% 69'A Combustion 44 6 29 1st pfd 42'A 42% 44 B 110 94 *92% *43'/a 42% Ry com—100 July 22 8 38% Jan 5,700 56 55% 15% 46% Sep 28 21% Aug 20 26% Jan 48% Dec *890 *890 18'A 58 27% Dec 3,100 15% 12 2 11 Sep 18 100 96 115 115 16'/a Co Carbon Columbian 70 141 *94 96 18% 14 11 *139'A 139% 116 18'A 11 41% Jan 115 »/2 15 J/2 50% Sep 27 31% July 15 51% Mar 17 15 *95 2,500 16'A Columbia 37 139% ; 12,100 36 V2 36% 18% 17 Pictures - 96 115 Va 250 3'A - 18'A 17 $4.25 cumulative 36% 3% ' 15% 29 Feb 36 Ve 3b >/4 140 102 J/2 *102 3 J/4 No par 15%'Sep 15 30,900 30% 30% 102% 3'A 4,800 89 59% Mar 31J/4 30 102 ' 3% *890 *890 *890 15,900 16'/a 33% Sep 1 115 115% 52% 15% 4 1 73% Oct 139% *95 96 51% 1'6'/a 4 74% Oct 2 115 115 36'/a 36% 139%' 52% 94 12 10 3 41% Feb 114% 31% *. 102 19 16 68% Jan Sep 41% Feb 9 *95 29 102 18% 55'/2 19% Jan 30 2 50 Va Dec *139 95% 32% 187/a 52'A, 53% 103 % 150 5,100 18 Ve . 92% 12% Jan Apr 50% Dec 36% 139% 95% 187/b 52% , 42% *41% 43 93 J/2 5 65% Mar 24 8 9 36% 36% 139% 187/B 19 3Va 120 74'A 74 ' *41 J/4 ' ' 3 Ve 220 109% 108 7/a 74 2,500 62 ' 108 20 91% 55 Va series noncumulative 2% 61% 60'A 55'A 15 1 38% Jan 38% Jan 4% 2% *88% 74 1,400 185 92 "A 24 53 13 103 91% 140 48 *47'/a *175 180 108 74 43 v 47% 56 Jan 57% Aug 2% 31 VA 32 103 60'A 89 *88 ' 89 92 'A 69% Dec 29 31% 103 *90 61 % 54%. .* 4,000 92 J/4 22% Dec 45 Jan 53 Ve 18% 55% 7 50 18% 18% *175 1 108 7/a' *41%. ' 3,100 18% 93 6 Sep Mar 24 18% 53% ■ 34'A *88 91% " 34'/a 47'A 180 *73% 34% 56 29 47 67 18% *108 74 42 ' 6lVa 62%, 109 »/2 * 18% * 55% 11% Jan 22 42 53 *90 100 104% 18% ■ 34% 87 %l 180 2,300 104% 34 *102% 104 48 1 56,000 13 13 *102'A *92'A 12% Dec Dec 42% : 18'/a, 109% 107 J/2 13 10 No par Corp Southern & 74 „v 13,300 55% com Fum a iron Cuiorauo Colorado 62 , 1 109 75% 42 No par (The)— Colgate-Palmolive Co $3.50 preferred Collins 62% 109% . 91% 180 *90 91% 108% 127/a 87%" 48% *175 180 106 J/a 180 1,300 *42% 41% 127/a '5,300 73% 73 106 % 48 89 74% 1 common 187/a, 18%, 48% 48 % 62% Intemat'F Corp—No par Coca-Cola 42% May 24 477/b Feb 16 1 Mar 22 Inc • 24% 104% 74 "A. 43'/a 34 VA 34% 89 :89%' ' 42'% 104 104 : 34%. -109% conv cum 100 4% noncumulative 2nd pfd—100 Columbia Broadcasting Sys cl A-2.50 Clasa B 2.50 Columbia Gas System Inc No par 49 *90 preferred——100 Clopay Corp 1 Cluett Peabody & Co com No par 7% preferred ——: 100 4% cumulative 2nd preferred_100 Foods 4% % ; 19 - *175 ^No par- 24 *102 J/2 74 24'/a 104 103 J/4 200 420 191,000 *103'/a 24% 24% ... J/i. 500 10% 12% /13 2,700 2>A *9% - 103 7/a ,; 105 *12% 34 74 48 VA stock—50 1 guaranteed "4% Clevite Corporation Special Climax Molybdenum 132% Jan July 24 Dec 125% Feb 20 892 Jan 38% Dec 21 136 Jan / Oct 874/ 4 34% Dec 28 V, Apr 128 % Sep 78 Feb 5 Sep 89 4 % %■ Clark 56% Aug ?0 " - .. 104 Va 74 300 19 2% *18% 42% .*-43% r • ' *• 31 :S 105% *103 - • 43% ; 44 **74 Va 600 9% • 9 9 Vb 6,400 102 *100% 102% *9 73% 72 72% 72 900 90 *83 90 *84 *100% 24% 24% f 75 .fi ' 100 17% 26% ' 26% 103%, 103 Vt. 103%.. 74% 93% *91 17% *17'A 23 31 % 35% 15V2 24% 103% 75 190 106 106 94 *91 36 , 15V2 8V4' 8 12% 12V8 40% ■> 40V2 11'A 11' 11 28% 28 28 *■■■ 32% 31%- 32% 90 *84 ♦ 90 73 % 71 % 72 104 103 103 9 *9 9Vb 19'A .*18% 19'A 2% j >' 2'A2% 10Va *9% lOVa 34 >A 33 . 33 68 ' 67%- 69% 24% 24% 24% 103Vt*103% No par 100 Co—10 Financial'Corp— I T: Cities tl — preferred Cincinnati Milling Machine 1,200 46% 106% 30% 26% 22V2 31 % 35% *15% 7% 12 ■/ -40'A- 23 31% 47 *46% 46'A *105% 47 47 106 106% 29% 30% 6% / 6% 37% 38% 35% 35% *91 94 *17% 17% 27% 300 41 *40% 41 Cincinnati Gas & Electric— 91 % Jun 100 I 27 Vb 19% *7% • 92 17/» /3%% convertible preferred 100 Chicago & East 111 RR coni—No par 5 18% 26% *11% 31% 77/ 273/4 l 1.25 400 ' 19% 92 17 /4 Inc Manufacturing 7,400 40% - _40 23 21% Mar 24 15 Cab Chesapeake Corp of Virginia __5 Chesapeake & Ohio Ry common—25 16 14 85% Oct 3 Sep 17 Aug 30 26% Mar 17 Jun 12 21 * 92 23% Mar 13 80 Checker 39% Aug 23 13 25% Dec 32% Sep No par 80 24 18'A 18% 1 1,900 112% 31% »75/8 • 4^ /a 47 *106 106% 30% 32 63/4 63/4 38 38 36 36% No par — Chance 7% Aug 20 2 1 preferred Vought Aircraft 112% 24 ;v 24 *11% *46 A 47% 106% 106% 30% 31% 63/4 6% *37% 38%' 35% 36Vb 5:191 94 f 17V* 173/4 $4.50 ■ * Paper & Fibre Co— Common Mar 17 38% Aug 11 May 12 4% Feb Mar 27 47% July 27 108 800 6% 29% .) 26% Jun 200 20 6% *18/ *18% 12 31% 20 .,40 . , 18 Vb 19% 18 18 19% 77/3 32 19% 18 VB 22% - 29% 23%? 26% n% ^ 18% 5 9,50 Corp 4,200 22% *20' 190 5,400 22% 22% "' 104,200 23 114% 77 75 6% *112 113 50 West Sugar 114% 76%' 29% 45% 45% 100 115 15% ' 733/„ 45% 22% 22% ' 75% 29 Va *6%~ ; ^15%" 15% , 10,400 105 72% 29% 73 v 28% 6% 28 Va 6% 28 22 : -20 ' 520 6*.% 64% '104% .18% 20 11,800 120% 65 > V; *18 20 ' 1 45% N 22% 1,100 14% 120 120% 115 k 76% 22% 17% 106 21% 3,400 14% 64% • 114% 75 < 18% x20 1 * 113% 5 par 106 4,900 - *17% *104% 64%."'- 63 20% 20 No 120 120% *104% 114 20 • 119% 105 20% 47 173/4 51 % - 119 119 15% of Pasco Belt 119 45% South Certain-Teed Aug 17 10 _ de 119 100 Illinois Public Service Ribbon 8% July 29 4 Feb l8 14% preferred Century 6% May 27 " 4 37 15 52 18 15 Elec__No par Violeta 12% Jan 11,600 51 % 18 14% Co Class B 20% Jan 51% 51% i73/4 Light com—No par Central 5 51 51 % 1 Co Gas & Central 15% Mar 20 38% Jan 600 12.50 ---■——— 16 9% Mar 12 0% Dec 16 19% Oct 13 11% Sep 14 . \ 46% 23%• Illinois & 46 "Vb 46Va preferred series B Central RR 2 46% 46Va 22% 13% Aug 26 % Jan 46% 46% 23 28% July IS 10% Feb 1 46Va 22% 19% Jun 23 Vb Jan 14,800 No par 6 10 17% Mar 16 22% 75y2 4 2b 23% Dec 22'A 74 Va 15 28% Feb 10 22'A *113-% 16 30 22% 22% 74 % Jun 10 Vb Dec 22% 22% 114 19 .18% Jun * 140 22Va *46% 22% 73% 15 % Mar 15 24 14 14% Sep 14 113% 114% *113% Central Hudson Central 113% 22 % Georgia Ry 22 113% 114 100 Foundry Sep 24 % 113% Amer:com__No par of 4Va% 23 No par Corp common 5 Mar 33% 22% preferred series A_100 5% preferred 5% 33% 23 115% preferred conv. Central 34 VB 22% __100 Central 54 V8 Mar 24 38% Jan Mar 27. 33% 23Va 114% *114% common— Central 12 : 34Vb 23Vb Light Central Aguirre Sugar 7% Aug 16 32% Jan 23% Mar 25 42% MaT 25 35% Jun Y 34 23 *113% 34y2 23Va — 2nd 7% 77 % July 26 15% 34 Co— Celanese Corp of 23 120 4 66% May 14% 23 Tractor, common 4.20% Preferred ; 15% 34% preferred Caterpillar 30 105% Sep 107% Jan; 4 5 Jan 65 7% 26 16,500 15% 22% General Corp 12 17 24 Dec 113 Shares 15 14% 15% 34% Carrier Corp Sep 17%,Apr 129% Feh 3 Oct. 1 15% 10 Carpenter Steel Sept. 30 Sept. 29 the Week Friday 16Vs 5 3 & Thursday 15% Ry_100 Ohio 49% Aug Jan 65% Dec 98 Jan 13% May 5 Sept. 28 Sept. 27 Sales for PRICES SALE Wednesday s 5 Carolina Power HIGH AND Tuesday Monday 10 Co 2 7 24 14% Sep (The) (Philip) Mfg Co 23% Aug 4 13 2 12% Sep ; Capital Airlines Inc.- 18 Jan 49 ' Par * 1 23 116 5 21% July 12 40'/a Jan 5 34% Jan 104 Jan e" '* YORK STOCK EXCHANGE 16% Sep 40% Apr 13 107 LOW 24 % Aug Jan 113% Mar 19 14 39 Vb Sep 4 *17% Jan May 27 NEW Highest 8% Jan 29 ' 103>A July 20 *•' Range Since Jan. \j> Lowest Highest Lowest Continued—Page 3 STOCKS Range for Previous Ifear 11)58 109 16 J/8 127/o 46 > 24% 700 12 »/2 12% 12% 12 '/a 12% 11,800 45 J/2 45 J/2 457/a 45% 46'/a 9,700 *109'/a 109 J/2 109'/a 109 »/a 109 J/a 109 Va 16% 15% 109'/a 't 15% 16 J/4 31 16 31'A 31 J/4 31% 31% 111 IIIV2 *111% 112 Vi *111% 112 J/2 111% 103 »/2 104'/2 *103 Vi 104 '/a *103 J/2 104 »/2 *103 Va *103 18'A 18% 73'/a 74 J/4 72 J/4 19 19 17'/a 18 18 18 *17 J/2 17% 74'A 75 73 J/2 741/2 20 20 19 V2 19 »/2 *18% 20'A 8 J/2 8% 8% 9'/a 8 8 7% 7% 7% 46% 8% 8'/a 47 »A 111'A 111% 108'A 108% 63 J/2 *103 23 98 J/2 72'A *99 64 J/2 105 23'A 99 73 J/2 102 46'/a 111'A *108'A 64'A *103 227/a 98 J/2 71J/2 *100 47 111% 108% 64% 105 23 98'/2 72% 102 74 46'/a 111 *108'A 62'A *103 22% 98% 71% *100 74 " 9Va 105 19 72% 77/a *77/a 46% 110 10 4,400 4,700 20 300 9 • 11,500 8 1,300 47 8% 77/a 3,100 111% *18'/a 87/a 4/600 31 J/4 31 31'/a 103 J/2 1,500 16 157/a 111 '/a 8 2,900 46 31 17% 10,200 12 »A 111 31'A 2,200 7,000 46 Vi 46'/a 46'A 111% 111 »/a 111 J/a 111% 111% 108 Va *107% 108% 150 108% 107% 621/2 6,000 64 105 23 99 62 J/2 *103 22% 98% 63 105 227/a 99 62 540 103'/a lO'Ji/a 20 22 J/2 22% 3,900 98 Va 72% 72 72% 72'A 102 J/2 *100 102 J/2 *100 J/a 99 J/4 260 73 J/4 6,500 102 19 20 (1340) The Commercial and Financial Chronicle... NEW YORK STOCK RECORD Range far Previavs Year 1953 Lowest Bange Since Jan. 1 Lowest Highest 7% Sep 15 10% Mar 17 11 20% Mar 17 7% May 4 17% Jun 22 9% Sep . 16 13% Mar 3 10% Jan 82% Jan 7 72 67 Jun 16 8 Oct 13% Jun 14 4 4 73 4 6 19% Sep 24 27 22% Jan 4 15 22 14 21 26% Jan 7% Jan 52 5 Mar 18 28% Mar 24 Apr 6 Jan 28 48% May 25 62 Jan 30 55% Jan 30 44% Mar 5 18% Sep 15 26% Mar 25 21% Jan 4 49% Apr 32% Mar 58 18 68% Jan 60 Jun 70 15 27% Feb 52 20% Jan 2 15 90% Dec 21 4 Mar 23 87% Jan 12 Apr 1 93% Sep 14 96% Jan 19 95% Jan 8 93% Sep '67% Feb 15 98 Jun 25 96.% Jan 6 6 78 Nov 9 161 Mar 31 p 176% Dec 71% Feb 24 4% Jan 31; 5 20% Aug 24 ~3% Sep 15 5 1% Nov 30 25% Sep 15 87% Jun 1 Jan Mar 2 3% Mar 10 20 125 Aug 99% Apr 19% 12% 12 12% 12 93% 93% 93% 93 ioy4 10 10% 71% 72 71% 71% 21% 21% 21% 21% Delaware Convertible pref 5% series Preferred 6* series •, Cornell 4 Dubiller Electric 3%% Corn Products 1% Sep 30 21% Aug 4 4% Sep 10 19% 48 21% 2 10% Dec 29 26% 27% 26% /27 89% 90 90 20 5 *96 .*100 Refining common_25 preferred 81% 181% 181% 20% 19% i *4% 4% July 16 Coty Inc Coty International Corp Sep Crane 1% Jan 4 28% Jan 4 38 4 Cosden 99% Mar 30 17 Petroleum Co 3%% l common 28 preferred 100 - 'S,1% Jun 10 26% Jun 16 28 91 May 18 34% Jan 26% Mar 22 15 Jan 4 29% Jan 4 29% Sep 14 17 % July 20 35% Sep 35% Dec 17 34% Jan 4 56 Jan 16 101% Jan 4 105 32 103 20% Sep 68% Sep 15 89 13% Dec 24 36% Jan 5 11% Dec 31 17 Jan 6 24 185 Jan Cream of Wheat Corp $2 28 Jun 5% Sep 52 15 33% Jan Sep 21% Jan 11 72% Jan 4 96% Sep 14'A Jan 0 26 11% Jan 4 Crucible Steel of 10 20% Jan 14% Feb 28 8"% May 2i 5% Apr 28 20 6% Aug 58% Aug 5% Corp 6% ; 1% 1% 36% - 37 36% 36% 36% 36% 363% 35% 36 «/4 98 98 *97»/4 97% *97% 97% *97% 973/4 *97'/4 973/4 100 28% *28% 28% *28'% 28% 283/8 28% 600 5,000 ■>:; 6% Sep 15 23% Sep 18 131 9% Feb 2 ,62 4 <13% Aug 11 7% Jan 27% Mar 20 25 Jan 11 Jan 23 138 Apr 17 134 Jan 7 31% Sep 15 43 Jan 15 39 Jan 11 29% Sep 15 40% Mar 25 30% Jan 11 83% Dec 22 92 87% Jan 26 4 Dec 22 13% Aug 20 11 % Dec 15 33 % Jun 16 Jan 8 8% Mar 17 14% May 4% May 18 13% Jun 8 4 16% Jan 29 11% Jan 39% Dec 4 17 37 82% May 28 92 Jan 2 90 Jan 8 83 Apr 28 92 Jan 16 91 Jan IS 86 Jun 3 97% Feb 11 94% Jan 11 17% Aug 31 7% Sep 15 34 Dec 23% Sep 14 23% Feb Apr 27 32 Aug 17 non-cum 136% July 20 61% Aug 42% Sep 93% Sep 7 600 7,200 104% 104 % 104% 104% 104% 104% 25 100 10 100 22 20% Sep 5% 24 46 Aug 23 98% Apr 1 4 30% May 26 32% Jan 4 35% Oct 1 41 S 46% Feb 8 13 15% Jan 30 12% Jan 4 17% Aug 12 23% Jun 16 27% Dec 21 27 1 33% Aug 55% Dec 29 60 Dec 9 55% Jan 12 81% Apr 28 99 Aug 4 93% Jan 7 16 July 24 2 'A Dec 14 14 24% Mar 23 16% Jan 4 28% Jan 11 64 Mar 14 62% July 2 6% Mar 17 9% Dec 29 19% Jun 8 33 Mar 17 95%, Jun » 108 Jan 22 9 % 27% Jan 101 Jan 1 4 40% Feb- 3 33% Jan 4 34% Feb 13 14% May 25 33% Jan 12 13% Feb 10% May 10 29% Nov 12 7% Sep 1? 12 31% Jun 12 41% Dec 10 16 13% Feb 7lu 8 12 2 3 % July 21 23% Sep 18 35% Aug 12 24 Jan 3 28 10%-Jaa 15 10%-Sep 21 17 Aug 67% Feb 10 Sep 25 25% Sep 35 1 July 19 Jun 30 Sep 28 Oct Feb 18 24% Mar 10 14 84 123 4 10% Jun 21 28% Mar 24 i Nov 30 8% May 17 3 38% Oct 114 1 Sep- 10 40% Aug 5 35% Sep 16 16% July 23 13% Aug 16 33% Aug 24 11% Jan 13 13% Dec 29 Jan 4 60 Aug 20 57 Sep 40 Jan 11 75 5% 5% 54% 8% 28% 28% 28% 28% 59% May 14 33% Feb 100% Jan 17 % Sep 15 24% Jan 5 18% Jan 75 Dec 2 83% Jan 14 75% Jan 12% Sep 6% Dec 30 12% Jan 2 7 Jan 18 30 4 107% Sep 13 33% Sep 22 91% Jun 30 J3% Sep 7 12% Aug 19 41% 1 41 100 *93 ♦6 20 20% 19% 19% 193/4 4,100 43% 433/4 433% 44 44 44 1,400 94% 94% *94i% 95% 95% 953/4 70 95% 951/4 *95 95% 95'% 130 IOO1/2 *99 100% *99% 14% 14% 14% 14% 143% 14'% 143% 14% 14% 14% 14% 14% 14% 13% 141% 13% 14 13% 14 4G 46'A 46 46% 46% 46% > 28% 28% 35% 28% 28% 28% 28% 17,500 35 35 35% 35'% 500 Co 47 47% 10 28% 28% 28% 20 common 35% 35% 35% 43% 43% 43% 15% 15 100 common new 100 preferred^. 100 8 l De 8 Vllbiss 1 Devoe A Reynolds class A. 10 common 4.40%. cum preferred. Diamond Match common $1.50 cum preferred Diamond T Motor 100 No par -No par I 50 (The) -1 Pepper Co. Dome Mines Ltd -No par No par No par Industries Duquesne Light Co $3.75 $4.15 25i% 24% 25% 33i% 33% 33% 33% 641% 4.10% preferred 4 46% Jan 4 18 48% Jan 30 37% Feb 24 Sep 511/4 Sep 0 163/4 Jan 5 4 27 1 25% Mar 25 Feb 20 20% Jan 83 94 Sep 27 85% Feb 3 95 Jun 2 24% Dec 22% Jan 19 35 Sep 13 4 104 July 20% Jun . 89 May 28 12% Sep 14 39% Sep 21 1% Dec 22 231/4 Dec 29 10% Oct 6 22 5 Oct 48% Dec 31 44 Oct 6 30 Sep 15 ,13% Sep 15 102 Feb 7 11 100 Jan 17% Feb 24 13% Feb 57 35 Mar 12 2% Apr 37% Jan 15 13 Jan 26 33% Feb 4 8 23 18% Mar May 11% Mar 23% Jan 511/2 Nov 30 60% Feb 4 37»/4 Jan 8 48 23 July 27 1% Jan Apr 4 2% 2% 93% 9% 23% 23% 23% 31% 31 35% 2 14% Jan 38% 29% Aug 12 Elllott 28 61 3 11 4 93% Dec 30 14 Jan 6 15 9% Jun 8 26% Feb 29% Feb 19 23 22% Feb 17 89% Dec 20% Jun 6 21 4 Sep 18 Jan Mar 13 24% Mar 12 92 Jan 99 16 Dec 64% Dec 22 22 74% Feb 15 74 jhr footn otes - 16% Jan page 18% Jan 27 66 5 73% Aug 9 74% Feb 8 Jan 70% July 30 28. Ind conv 38% 4,500, 38% 111% 1113% *111 112 210 38% 38% 38'% 393% 39 39 2,500 *343/4 35 ;i*. 35 35% 35 35 35 351/a *14 13% <14% 14 14% 14 14 14 y4 13% 3,000 13' 13% 13 13% 13 13'A 13% 131/4 4,400 33% 33 y'S*. 33% 33 331/8 323% 32% 32% 9% 91/4 91% 9y8 57 9% 57 56 9% 9% 4,000 9»/4 1,200 56 56% *69 5634 553/4 553/4 72 70 71 69% 70 70% 703% 70% 900 31% 30% 31 29% 303% 30 30 29% 30y4 3,400 11% 11% 11 */8 12% 12% 121/8 12% 12% 12% 121/4 3,800 Xl7 56 56 1,300 6,300 1061*0 *1061« IO71/2 *1063/4 107% 1$7% *1063/4 107% ►106 3% 107'% 32% 333/8 333% 33'/a 333% 33% 33% 100 *91% 92% 91% 91% *91% 92% *91 Ve 92'% *91% 92'% *12'% 12% *12% 12% *12% 12% 12% 12i% ♦12 123/4 100 10 10'A 10 10% 9% 93/4 IO1/4 10 IO1/4 13,000 144% 1453/4 50c 33 \ . 33% - * 33 10 16,800 50 1443/4 1453/4 150 144% 145% 1221/4 1221/4 1221/4 122 1221% 122% 122% 122 3/4 1223/4 100 100 100 100 100 *993/4 100 100 100 34 34 347/8 47% 471/2 120 34% 34 34% 33% 34 48 *47% 48 *47% 48 53% *53 *48 48% 48 *53 53% *53 53% *53 523/8 *52 52% 52 521/4 53% 53% 53% 513/4 513/4 *51 % 11% 113/4 113/4 11% 25% 1,257/e *53'/a 53% 330 52 *513/4 521/4 200 113/4 11 3/4 11% 700 25% 25% 25% 25% 1,900 28% 21 Ve 28% 28% 26,100 213/4 217/8 211/4 21 '/a 28% 29 22% 22 22 1 100 a-100 1 ... .-8 263/8 *92 341/8 ►104 v 1,300 16 16 16 161/4 16% 16 1/8 16'A 161/4 1,900 59% 59% 60 59% 603/8 CO'A 60% 16,900 49% 171 *169 50 27 26% 94 94 34 501/4 343/8 •104 26% 26% *93% 50 . 26% *169 171 20 51'A 49'/4 50 4,600 4,900 1061/4 26% 26% 26% 95 92% 93 333/4 34 Ve *104 171 *93% 95 34 106 *169 50% 26% 95 34% * ►171 34 32% 333/4 *104 *104 106'A 90 5,200 106 19 193/b 19 19% 193/s 19% 19'/4 191/4 183/4 19 36% 31 Ve 363/4 37% 37% 38% 377/8 38y, 38 38% 14,700 27/8 2% 23/4 2 Ve 13,200 38 % 273/4 2% & - 59 *169 49% 106 400 531/2 29% 2.50 ——, 52% *11% 25% common 531/2 *52 Ve *51% 22'/4 491/a *53% 531/2 *53'/8 28% Co_ 53% 53% 11% 25% 16 1,000 52 223/4 593/4 1,100 10,700 53% 291/4 170 18,500 ' *53% 261/2 153/4 ' *51% 22 3/4 591/4 ■< •> 531/2 26 170 144'A 52 28% 5 common 34 52 *11% __10 143% 3 2% 2% 3 3 3,000 25% 25% 25% .! 143/s 14% 14 14 14 14 13% 141/4 26% 14% 27 ' 14% -1( 26% 27 26% 26 3/4 26% 27% 26% 27 Ve ; _5( *483/4 50 *49% 50 50 50 preferred- Natural _5( 51% 513/4 *503/4 51% 50 3/4 503/4 50 50 50 51 31 Ve 381% 38 38 3/i 38 38% 19,200 173/4 -No pal Gas 3 Mfg Co. A 4 39 17% 393/8 18 173/4 18 273/4 *49% 50 *491/4 28 50 16,100 V .1,300 2,700 70 1,400 173/4 173/4 17% 2,300 12 121/4 12% 121/4 12 12 y« Xll3/4 12 11% 12 Ve 7,600 26% 26 i/e 26% 26 26 253/4 26 26 26'/4 1,300 27% 27% 27% 21 Ve 27% 21 Ve 277/8 28 273/4 28'/« 97'/4 *96% *96% 99 26% 26'/4 100 *96 97% 26 26 '/a 1 — 39 . 281/4 25 Bldg 1 par *9% 17% A. -100 *72 Erie A Pittsburgh RR Co. __50 *70% series 371% 25% 263/8 5 .8.50 common 25% 10 Phonograph Equitable Gas Co preferred 32% 9 31% *70 -1 Amer 2nd Ecfultable Office 700 J4 13% 1 23,500 Empire District Electric Co RR 363/4 21,100 .100 Co 5% 5% 36% 112 .10 preferred Erie 36y2 36% 1113/4 163/4 Endicott Johnson Corp common 4% preferred 9 36% 36% 112% 413% 29% May 19 29 2,100 87'% Radio 10% Jun 31% 16% Electric 27y2 8ep 31% 41 Emerson July 13 313% 86'% Emerson 102 31 '%> 163/4 Co common Paso 311/4 --10 5% El 1,000 31% 413% 203* Aug 4 13% Aug 12 26% July 28 7% Jan Apr 21 see 54% Apr 9 413/4 Jun 17 23 —5 Electric Storage Battery Elgin National Watch Co~ 11 22% Jan 8% Nov 27 22% Jan B 70% Jun 4 Jan Mus 23 88% preferred A 23 38% y. 5,400 23 112% 38% ;vi35 3,30O 9V* 23 1 preferred Elastic Stop Nut Co Electric Auto-Lite (The) 12 8 20% Sep 26 2 36 23/4 23 31% 16% 4%% Elec 25% Dec 8 12 36 112 112 65 23% l -50 Manufacturing Products ♦64 2% 9i% 40% Corp 4V4% Ekco 64'% 2% 93/8 87 n»w Edison Bros Stores Inc 11 20% Aug 16 45% Mar Eaton *63 64% 16% preferred 3% Sep 3 28% Sep 30 14% July 28 49% Mar 29 35% Jan Apr 6% : 2% 9% 413% Eastern Stainless Steel Corp Eastman Kodak Co common 1 *63 2% 9% 87% . 9% Jan 172 64% 16 3/4 Eastern Airlines Inc. 4 - 2% 9% 4,100, 40% Eagle-Plcher Co Mar *63 400 12,100 86 DWG Cigar Corp. 26% Sep 20 165 v 2% 9'% 123 17 50 29 '/4 Aug 18 . 2% 9% 50 12 22 123 1223% 243/4 12,600 88% -50 28 Jan 2,000 83% 41% preferred 18% Jan 473/4 Dec 127 163/4 4% preferred 4.20% preferred 21% Apr 15% Jan 169 *123 50 233/4 Mar 11 16 32 41% preferred 53% Sep 30 28% Jan 30 121 81 87% com. 18 41% Jun *31% 1223% 1433/4 22 156% Sep 36% Sep ! 82% (E I) A Co- 17% Sep 31 32 173/8 No par 20% Sep 13% Dec 8% Dec 121 81 87% Common Eastern X31% 333/4 343/8 5 243/4 Aug 9 17% Aug 20 63 Vt May 24 83% 243% 10 4 32 82% 243/4 99% 8 32 ■ 84 33% 1213/4 19% Mar 2? 15% Mar 17 32% . 80% 33% No par 4 5,500 No par Duplan Corp 27 7,700 15% 25% —No par Aug 25 45% 15 24% series. 12 % 443% 15 .33% series. 7 451/4 15 25% 25 *63 $3.50 10 43% 151/4 41% " preferred Dunhill International 44% 15 41% common convertible 43% 15% 85% common $4 preferred series A 3%% 43% < 5 Douglas Aircraft Co Inc Dresser 126 2,900 9% „ common. Dow Chemical Co n. I *35 10 2,800 26,900 33 % 50c preferred series Co 28% 35% 100 x33%"> 33% 14 Distillers conv ,82% *121 47 * 32% * '. i" 35 Diana Stores Corp^. Cup Co 32% 81% 2 Co Corp-Seagrams Dlvco Corp 32 „25 . Car * 46% *99 *95 -31/ Co Diamond Alkali Co 15 Preferred Sep 19% 14% 1 2 9% Jan "19% 300 20% 100% Apr 35% Sep 51 19%* 10 143% 95% 6 10% May 10 *13% 43% 13 6 14% *14 6% 19% 94% Jan 9% Jan 41% 92 *6% 431% Detroit-Michigan Stove Cox Detroit Steel Corp 8 8,500 41% 92 6% *94% 20 Detroit Hillsdale A S W RR Co.100 8 2,400 43% 28% Jan 52% Mar 54% 41% 6% 14% 136 95% 30% Dec 53% Sep 51% Sep *14 54'A 95 *93 ,6% 29% *134 v 54% 43% 14 7 141/2 41 95 *6% 29% 136 54% *94% $4.50 1 *14 20% 41% *93 6% 14% *14 Preferred 61% July 95 *134 543/4 41 41% *6 29% 136 54% 7 Inc du pont de Nem 47% July 41 *93 30 29% *134 .54% 6% 1 48% Jan 30 136 54% 95 150 4 40 100 Detroit Edison Mar 12 30 *134 54% 2.50 common 30% 136 54% 122% Oct 49 105 2,200 30 *134 11 8 73/4 *104 29% 100 No par 12 12 7% 105 700 104% Jan Jan *104 39,500 115% Jan 50% Jan 11,300 73% 105 12% Jan 45 900 7% 105 613/4 97 Dec 105 12% 108% Dec 52 28% *60% 118% Jan 23 28% 12% 4 47% Apr 43% Jun 29% 613% 10 7 *28% 8 12% 23 Feb 1,000 29% 7% 613/4 Jun 48 8% 12% Jun Apr 27 *8% 613/4 91 42 8% 12% 89% Jun Sep 1,400 8% 61 109 25 % 25,000 8% 13 Derby Oil Co (The) Sep 28 53/a 54'% 8% 61% pfd Dr 8 _ 50c 10 15 53/8 54 2,400 50c 18% Sep 7 92% July 21 44 % July 12 43% Jan 53% 54 12% *28% , 8 105 53% 54 160 15 195 951/4 Dobeckmun 102% Jan 105 12% *180 100% 4 10 105 7% 53% 54% 15 123% 195 *95 16 29 8 5% *53 15% 12% *99 Aug 94 % Jun 7% X 15 *180 95 31% Sep 12% Feb 33% Jun 6 15% 12% 195 99 14% Jan 26 12% *180 95 26% Aug 10% Jan 23% Mar 10 *15% 12% 195 8% Escrow ctfs for 5% 15% 12% *180 12% preferred Dixie *15 12% 195 54% Escrow ctfs for ' 15% 12% 8% Delaware Lack A Western 50 Delaware Power A Light Co—13.50 Denver A Rio Grande West RR— . *15 *180 61% Delaware A Hudson . 3,700 99 A 7% 9,960 93'% 100 Records Deere 8 20% Jan 1 Sep 8 2% Apr 80 16% Mar 25 15 16 32% Jun Apr 30% Dec 17% Sep 18% Sep 25 May 301/4 92% 13 Deep Rock Oil Corp 24% Jan 293/4 93 100 Decca 2 30% 92% series B 14 2 29% 92% 3.90% series C Rubber Co 22 5 29% 92 62 Preferred 14% Sep 52% Feb 15% Oct 3.75% 55 30% Jan 29% 12% Dayton Power A Light common Preferred 3.7b% series A 11 33% Jan 30 92% 56% 10 35% Jan 18 29% 92% 61% preferred 12% May 14 47% Jan 5 15 61 convertible Dayton 21 30% 94 % 8% 1 26 40% Sep 10% Oct 270 30 1 Inc 19% Jan Jun 14% *35 No par common A Preferred 153/a 94% 55% 1 preferred 15 105% 5% No par 12% May 4 9% Apr 27 2 28% Jun 24% Jan common Daystrom Inc. 96% Apr 23 100 Mar 12 *104% 100 Davega Stores Corp 14% Mar 15 104% 15% 10 common Dana Corp common 3%% preferred series A 21 800 9.300 104% pfd Cushman's Sons Inc 7% Aug 20 2 151/4 100 preferred Cutler-Hammer 2 *1% 55'/4 " 5 Publishing Class 1% 35 Ve Inc Curtlss-Wrlght Aug 11 1% 36 , v 15 preferred Prior 560 543/4 $7 Aug 5,300 4% 35% 4 107 140 20 151% Curtis 5 *4 . 3,300 183 553% 2 4 4 193A 36 9% Aug 54% Jan 4 183 193% 54% Cunningham Drug Stores Inc_2.50 31 183 19% 97% .81% 35'/4 Cuneo 21 80% 54% 5 93% Dec 823% 114% 102 35% 5 49% Sep *96% ►100 .* 54% 9% Jan 19 114% 97>/2 101 55 30% Apr 6% Apr 93 Jan 2 115% 182 4% 2 114% 5,250 1,700 36% 7% Jun 30 8% Apr 2 100% July 28 57% Feb 4 4'A 2,000 91% 81 19% 4% 27% 91% *100 <182 19% 27% 91 »/2 54% 52% Apr 15 182 700 27 *96 7 81% 19% 48 35% 27% May 14 5% Sep ' 97'% 101- 81% 50 473/4 -90% . 116% 116% 183 4%' 1% 91 : 21% *49 'A 47% 26% 27 *96 21% 50 473/8 35% Mar 17 12% Mar 19 Press 2iy» *491/4 56 34% Jan 4%% 4,700 ' ;; 55% preferred Cudahy Packing Co 3 213% 21% 900 35% 18 29 4,800 5 common 21 . 4,400 48% 28% /15 21 64 20'% 48% 15% Nov Sep 21% 19% 48% 28 % 6% Sep 27 21 20 15% Cuban-American Sugar common 7% preferred 2 21 % 19%. 47% 28 Amer common Convertible Cuba TiR 21% 20 • 48% No par Zellbrbach $4.20/ preferred 10 6 Mar 17 21 % 19% No par preferred Crown 1 8 180 15 2 5.700 2.50 Crown Cork <fe Seal common Sep 27 Apr (The) 32,600 *100 ~ :82% *181% 19% 91% Jan 11 116% 83% 1,200 103% 711/4 90% '97% 82% 92 10% -26% • 101 92 93% 4,600 70% 21% 90% ' 2,300 11 47% *96 12% 71% 50 ; *100 12% 10% *47% 116% 97% -101 93% 1,200 121/4 71 21% 48 v */ 8 20 10% *49% 1 3 2 116% 116 100 series of 1947-100 931/4 Shares 7% 19% 48 ; 21I/2 Corp___1 *12 8 19% 71% *47% 100 2 Jan 21 27% Mar 12 ■ 12 % *49%50 ■'* Corp 95 15% Mar 21% 47% v 25% Jan 21% 50 7% 19% 10 20% 47% 7% 19% the Week 70% - '48% *49% preferred Cum pfd 3%% 22 20%* 49% 50 Exchange Bank A Tr Co Corning Glass Works common • 19% 48% 50 Corn 2 13 34% Apr 7% *18% 8 10 183 2 7% 19% 1 Aue 25 85% Sep 8% 19% 8 9 92% Aug 26 102 Oct. 1 Steel Corp 14 Cooper-Bessemer Corp common 5 Copper Range Co No par Copperweld Steel Co common 5 28 43% Dec Friday Sept. 80 19% Continental 9 48% Jain Thursday Sept. 29 12% 10 of 8ales for Wednesday Sept. 28 93% 5 Continental Insurance Continental Motors Oil SALE PRICES Tuesday 8 25 Continental HIGH Sept. 27 2 convertible preferred Continental Diamond Fibre May 19 AND Monday Far 5% 21% Sep 27' 25% Apr 22 50% Sep 24 11% Mar 25 62% Jan 15 STOCK Continental Cop A Steel Ind com 1 Jan 14 13 19% Sep 19% Sep 8% Apr 20 15% Jan TVb Sep 19% Sep 6 Feb w TOBK LOW EXCHANGE 97% July 29 11% Aug 12 48% Oct 15% Sep NEW Highest 17'/2 Jun « STOCKS , Monday, October 4, 1954 10 *96 26% 9% 9% 9% 99 27% 26% 9% 11% 17% 171/4 17 72 72 71% 71% 73 *70% 97/8 171/a 72% & *70% 73 17% 18 *96 26% 27% 9% 97/a 271/2 9% 600 9,200 17% 71 y4 7P/4 .--;*7l% 72 73 < -*70% 73 *70% Wj 17% 10,200 171% 17 ■ 2,200 91V* 400 " Volume 180 Number 5365 . ... The Commercial and Financial Chronicle ..(1341) ; V Cootinaetf—Pag* I NEW YORK STOCK RECORD Range for Previous Year 1953 4 11 VB Sep 20 16 i-±7B 12 Nov 10 16% May 4 39 % Sep 14 59% Mar 4 49% Jan 4 July 13 1% Apr 26 2% Jan 28% Mar 23 27% Jun 12 2 Jan 21 3 2 21% Jan 4 10% Mar 25 9% Jan 11 13% May 14 15 29 14% Oct 13 16% Mar 24 15 15% Jun 17 19 . Jan Ex-Cello 18 19 16% Jan 1 Falstaff Brewing 5 22 y4 Aug 3 Family Finance Fajardo 14 52% Jan 11 66 Aug 4 20% Jun 29 26 Jan 27 5% Sugar 11% Sep 17 16% Apr 8 Oct 9 66% Mar 9 52 20 64% Apr 5 5% 40 Sep 14 53% May 7% Apr 4 45% Aug 31 56 y2 Apr 8 15 3% Dec 22 31 6 8 3% Apr 1 23 Jan 19 14 48 Jan 5 38% Jan 29 13 Jan 15 8% Jan 1 35% Sep 8% Dec Oct 29% Jan 15 101% Jun 1 Federal-Mogul 10% Apr Felt 4 27% Aug 18 Federated 30 15 12 29 Sep 8 63 Jan 12 83% Sep 23 Oct 26 104% Sep 24 Dec 54 49 V* Feb 21 56% July 8 9% Aug *2 30 18 32 10 100 Sep 7% Mar 13% Mar 17 7% Dec 93 Mar 25 25 v* Jan Feb 98 y* Jan 11 4 25 24% 24% 24% 15% 15% 15% 15% 15% 15% 15% 16 16 15% 153/4 >15% 15 VB 15'/4 151/4 15% 15% 15% 3,500 21 y4 21% 211/8 21 Vb 2 IVb 2iy» 21 21 y8 2,700 •63% 66 y2 64% *62 »/2 64 623/4 623/4 22% 23 VB 22% 23% 22% 231/b 22% 22% 22% 22% 2,600 12 y8 12 y4 12 12 12 12 Vb 12 12'ZB 12 12 Vb 10,700 •51 47 y8 24% Feb 27 16% Jan & 29% Dec 16% Aug 24 21% Jun 10 7 28 VB Jan 38% Sep l 23 '■» 54 *45'/2 473/4 4% 4% 4% *4% 4% •4/ 29% 29% 291/4 291/4 533/4 53 533/4 9% '9 4% 4% •4% 4% 29% 29% 29% 29% 29% 52% 54% 53 y4 54% 53 53% 9 Ve 26% 10 94% 94% 93% 941/4 28y8 28%' 27% 28 % 27% 27% 83 y4 83 y4 83% 83 y4 82 831/4 106 y4 100 106 V2 preferred 100 106 56 y2 8% 28 Florida 39% Oct 21 38 VB Jan 49% July 23 Florida Power 31 17% Jan 6 ll7/a Jan 23 Follansbee 11 31% Dec 92 Sep 16 99 33% Oct 6 30 y4 Jan 3 81 Jun Jun 5 37% Jan 26 3%% convertible 3%% preferred 9% Dec 30 13% Apr 13 39% Sep 1 14% Jan 15 Dec 22 4% Sep 15 15% Sep 15 5 19 8% Apr 30 27% Jan S 7% Aug 2 27% Sep 22 4 8% Aug 5 41% Sep 28 13 34% Apr 30 Jan 25% Sep 37 % Mar 12 : 33 % 41% Aug 23 5% Aug 16 25 : : May 20% Jan 22 27% Jan 24 104% Feb 6 103 Jan 18 Sep 15 40% Dec 18 38 Jan 13 Nov 19 July 9% Sep 70 May 3 Mar 24 22% Mar 17 5 4 $4.50 .6 General 4 14 Mar 25 10% Jan 4 Jan 71 Feb 2 84 Sep 9 41 8 30% Mar 35% Mar 25 $8 22 16% Jun 10 19% Jan 28 129% Apr 2 10% Nov 11% Dec 9 35% Jun 7 129 Aug 10 28 Jan 8 11 36Jan 4 Jan 4 39 48% Mar 24 16 25 15 122. 46% Mar 24 July 28 31 4 Jau 17% May 2 Dec 117 .-37% May 17 17% Sep 1 '14% Aug 23 - 75% Aug 25 78 46 y8 47% 100 iooy2 IOO1/2 ♦100% 8% Sep 61% Dec 32% 7% *7% 88% Jun 18 94% Jan Dec 31 14% Mar 19 ; 9% 98% *983/4 32 »/4 32 y2 32% 61 Jan General 60% Jan 9 5 Jan 4 Mar 8 11% Feb 1 70% July 28 Jun 17 113% Jun 22 124% Jan 2 Jun 11 119 Jan 14 53% Sep 15 69% Feb 4 58% Jan 4 112% Jun 2 123% Jan 5 118% Jan 4 Jan 4 102% Sep 52 106 , Sep 15 21% Sep 15 123% Feb 26 95 14 99% Jan 25% Feb 91 119 • 22% Jan 11 54% Mar 30 48 y« Jan 8 27% Mar 23 42% Aug 31 5 25 124% Mar 3 138% Sep 23 94% Sep 28 126% Sep 9 11 »/2 63 64 14% 143/4 14% 14% 3,000 29% 30 '/a 29% 29% 39,100 81 81 Corp 1 . 1 281% 28% 301/4 81 28 y8 81 82 1 28 y8 28'% 100 80 Va 80% 1 •5% 5% 1 26 VB *26% 8% 8% 8% 8% common (The).: (Robert) common Inc - 41% *41% 31% 31% *31% 32% 33 VB 32% 32% 32 34% 35 35% 36% 36% 37'% 1 4% 4% 4% 4% 32% No pax. 50 28 30% Aug 4 73% Aug 23 Motors Preferred General Outdoor Advertising No par Portland General 4 49% Sep 8 59% Dec 21 57% Jan 4 96 3% Dec 10 4% Jan 5 3% Jan 4 29% Dec 28 28% Jan 18 4% Aug 20 34% Aug 19 General Public Utilities Corp. 34% Aug 11 General Railway 15 23% Jun 10 25 18 Sep : May 11 93 > . 37% Jan 21 25V4 Mar 26 16 Oct 100 Jan 100 18 Jan 107 27 5 Aug Aug 16 15% Sep 9 Precision 1 Co 65% Dec 21% Sep General Cement Eqp Corp.. 5* General Realty 5 Signal com.No par 100 preferred 16 12% Jan 4 15 25 % Feb 3 20% Apr 28 24% July 22 General - 14% 14% 51 Jan 12 51% July 13 General Shoe 87% Jan 6 86% Dec 2 30 14 41 23 96% Mar 16 Apr 33% May 11 25% Sep~22 99 Sep 8 22% Sep 15 34% Mar 11 74% Dec 16 85 . 69 f July 29 31% Feb 18 25% Jan: 2 Sep 100 76' May 11 1 , 99 4 29% Jan 75%Jan% 72% Feb 16 4 Jan 11 13 V* Jan 4 28 18% Jan 15 32% Jan 2 49% Dec 14 46 12% Sep 15 16% Mar 25 13 82% Oct 2 80 10% Sep 23 21% Jan 9 10% Jan 27% Oct 14 38% Mar 20 6% Dec 15 8% Jan 139% Dec 130% Jun 30 Sep 14 19 60% Sep 21 80% Jan . Mar 8% Feb 31 137% Apr 5 7 33 General Time Sep ' 100% Apr 7 12 40% July 29 . 23% *22% 128 »/2 •127 4%% 21 70% 8ep 17 18% July 22 29 19% Sep 23 26 Jan 4 52% Jan 12 40% Aug 25 7% Aug 2 Jan 27 150,- 26% July 30 Sep 24 83% Sep 17 Feb 9 105 Gimbel Brothers 72 701/2 71 44 43% 44i/4 43% 43% 43% 44 13% 13% 13% 13 13 ya ♦71 71 % 44 y4 43% • $4.50 Glldden Co 15 2 4% Dec 59 Mar 19 108% Feb 4 29 104% Aug 23 109 20 6% Sep 2 Gotham 1 Gould-National 1 4 27% Jan 4 42 y4 Aug 22 2% Mar 25 1 % Jan 4 1% Aug 16 19 Grace Dec 25 7 Jan 12 13% Sep 24 6% Jun 19 9% Feb 26% Jan 18 34% Dec 30 31% Apr 28 4«% Aug 3 14% Sep 15 20% Jan 5 14% Jun 29 19% Sep 30 85% Oct 15 98% Jan 28 86% Jan 29% July 16 34 % Dec 31 33 97% Feb 4 16% Jan 86% May 22 7 Dec 22 7 Apr 94% Jan 7% Mar 5 19 8 2 103 Sep 30 40% Aug 18 100 Mar 9% July 26 *34 5 Nov 17% 6ct~~l 128% July 17 64% Apr Jan 17 Jan 4 Aug 24% Jun 9 54 Jan 11 Jun 9 17% Jan 4 19% Mar 27 141 15 78 Mar Dec 2 31 29% Dec 22 40% Jan 19% Sep 18 23% Mar 25 For footnotes 6 73% Aug 56 30 52 29 27 Nov 39% Mar 17 30 14%, Jan 19% Nov 27 28% Dec 4 see page 2 28 4 2 Granite 5%% Grant 125i/4 125% 125% 124% 102i/4 102'A 102 Va ♦101% 102 281/2 281% *28% 29 73 731/2 733/b 73% 1,700 47% 47% 47% 48 y4 7,000 28% 28% 71% /. *23% 72'/4 48% •97 4% 33% 31% •104 49% 4% 4% 33% 33% 32% *100 $2.25 conv ♦32 32% 37% 93'/4 *91% 80 37 15% 68% 19 Western 30 9 78 % Aug 17 Green Jun 18 33% Feb 1 Green 40 y8 20% Jan 8 26 Vb Aug 17 Greenfield L) 102 39% 7i/4 IVB •147 »/4 • *95 33 y8 33% 33% 33% 31% 32 ♦100 37% 93% *91 % 92% 80 *78 80 37 161/a 67 IVA 149% 20% 20% 104'/4 102% 104% 104 83 *104% 82% 82% 105 105 39% 105 81 '/a 81% *104% 105 6 61/4 39 39'/4 39 39% 4,100 39 '/a 38 38% 37% 38 Vb 8.500 6,500 1% 13/b 12% 12% 45*/4 41% 46 19% 18% 19'/4 84,600 101% 102 % 2,300 2,000 1 % 1% 1% 12% 12% 121% 44% 45% 441/2 44'% 44% 19% 18% 191/4 18% 21% 21% 21% 67% 67% 67% 31% 30V4 *32% 30% 291/4 146 *77 77% 77 % 301/4 30% 30% 23'A 23'% 23 y8 101 % 36% 37 36% 363/4 99 99 *99 '/4 99% 30 93/b 9% 2,900 9% 91/2 9% 32% 33 32'% *321/2 20 y8 20% 1451/2 146 •77 791/2 30% 30% 23 V* 9'/2 33 *32% 190 33 21% 21% 21% 21% 21% 2,800 68 • 67% 68 6734 68% ^H3,100 30 y4 30% 30 y4 31 '/a 16.600 20 % 3,600 31 20 '/4 147 79'% 30% 20 147 «/2 *77 30y4 ' 23'/4 6,000 99 21% 68% • 3,700 37% 37% *98j/2 9% ' 103 102 101 37% 1,300 6 39'/4 121% 99 10,400 81% 105 6 Vb 1% 102% 900 4,700 104 6 12% 32% Tap & Die Corp..No par 80% •104% 1% 21% Inc—, 103 12% „ 300 7'A *147% 681/4 100 100 1 5,900 7'A 32'% 20% 5,700 201% 25 31% 39 'A 149% No par Ore Prop__No par 147 39'/b 39 7% 9»/4 20 »/4 5,300 391/2 20% 1 31'/4 18% 20% 100 147 18% 20% 21 36% No Par 16% 89'/4 18% *147'/4 •98'/4 Ry Co 163/s 89% 18% 7% 38% 9% 25,700 16% 90 1491% 39 Va 9 VB 5.500 IVB 39 37'A 67% *147y4 6% #98'/2 19,700 66% 67 10 16 ?i/4 ' 38% 100 10 80 15% 16'/b 149% " 6% Sugar com—No par 661/2 19% 38% Co— 92% 18% 6'/b 37% 5,800 36% ♦91 18% 38% 99 102 ♦78 16 y8 6 Va 99 361/4 80 ♦89% 38% 18% 190 700 ' *100 102 92'% 15% 17 i/s 3.9 7/a 600 16.400 32 92% •78 89'% 39% *31% 36% 16% 39% 22'/b 361/4 89% 6'/b Stores com •100 17% 38% 971/2 22 89% 5 Paper Co 102 36 '/2 No par 4 18% 3,100 22 '/b 95 105 1% 1,200 .50% *104% 39 10 14% 50% 104 'A 1% *14% 14% 106 22 '/a 21 09 1,400 ♦104 94% 105 ♦104% 303/4 303/4 30% 106 51 104% 82% 8,300 9,800 95'% *20% 21 100 43/b 34»/a 51 , 149 »/2 200 98 95% 22% 661/2 18% 1,900 4% 96 67% 17 ♦88% 14% 1,300 * 333/4 4% 51 22'/b 16 IVB preferred <. Bay & Western RR—_ (H 15 30% >*104 ♦95 97 34 *50y4 .22% 16% 39% preferred Iron Northern 106 ♦14% 67 i 19%;. 17% Northern 4 15 30'A 30% *104 15% leys 67% 80 45% Great 1% * •100 ♦91% 44'% Great 19 33% 51 ♦78 10 20% Aug 147% Sep 4% 33% 14% 102 •95 4% 31% 13 Great 97 *95 , 34'/8 104% 12% 16 33% Aug 17 48'/4 4% 30% 5 Gravson-Robinson 73i/4 72% 48 , 33% 104% 31% 29 , 4% 106 •147% preferred Gt Northern *28i/a 49% 96 96 100 29 73 73 .48% 1 100 common 124j/4 91% 1% Co 84,200 903/4 xl02 'A No par T) 141 Xl25% Steel common—12.50 preferred 100 cum 30 123 y8 89% 92 3,900 94% 17% Co & City (W 3%% Apr 28 R) 90'/b *136 200 4,600 9% 69 1021/2 89'a Graham-Paige Motors 131 % Jan 73 (W 140 4,800 125% 100 Inc 123 Vb 123% 93 'Vg "'68% ; 91% 11V* Granby Consol M 8 & P Grand Union Co (The) 33% Mar *123 ♦134 No par 24% Sep 1 1231/2 140 3,100 73 y4 102 No par Batteries 70,800 125% 102 89 VA Hosiery 400 901/2 89% 101% 10 39% Oct 71% 99 99 ;r*tf 9ya ♦123 No par 1 22,500 v'" 68 ♦134 32% preferred 21 4% Apr 681/2 68 68 " 140 37 «/b 10 9 ■■7; 122% 33% 10 67% V. 72% 73V4 100 ■' 32% F) *99 . 9 9 33% Inc 600 12% ♦125% •125% No pax (B 29% July 9% Jan 68 72% 100 : v 32'/4 Common $5 " 122% ♦134 Goodyear Tire & Rubber— 43% Sep 102% Jun ♦99 9 33% 2.50 ♦70 71 *70 73 33% Telegraph Co Co <; ,67 68 «/2 140 5 (The!) Ooodflll-Sanford Goodrich 67% 9 x 72 100 ♦99 •91/8 ♦122% .123 •134 13% 33% Goebel Brewing Co. Gold A Stock * »':■ 33% Gleaner Harvester^orp - " 73%' "73% "•'73:y2' 100 V' 100 9 ""•13% •'13% 13y4 r 100 preferred 1,900 15% 67% 95% common 661/4 12% 67 % 95% 1 1 68'A ♦12% 95% 2.50 12% 67- 1281% 12% 95% ; 15% 12% 69% 22'/b & Rubber com 16 12% 2,000 67% 69 ■ 110 1,300 ♦12% 12% 51 preferred Georgia-Pacific Plywood Co Gillette (The) Co common 16 82 37% 22% 15% 15 preferred ♦127 128 % ♦127 ! 22% *15% 22% 3%% 16% Sep 128 V2 *127 ♦37 15% 15% 51 100 82' 22% •14% Corp common.No par ' 82% 3,100 ' 37% 22% *50% preferred General Tire 21 Sep 26 4%% Aug 25 93% Sep 80 89 y2 9% May j 3 77 General " 82 »/4 20 Castings $6 pfd, Telephone Corp 14 VB 22% , 2,800 27% 371/2 16 280 137 14 y8 227/8 23 5,400 3,40) 9% 27% 83 No par Gen 8teel 37% May 21 8 4 28% Jan 20 Apr 20 4 Jan- 79% Apr 11 4 Dec 10% Jan 9% Oct 7 Jan 28 101 136% ■ 54 14% 14% 37% 128 y2 110 106 27% "27% 22% 1 Corp 10 137 141/2 14% f 9% 137 9% ' •*v 54 54'% 53% 137 27% ♦105% 106 > 9,400 4,100 ' 9% 9% 10 Refractories 12 19 • ♦105% 55 10c A Utilities Dec Sep 40% Nov 10% Jan 1 $2.90 convertible preferred-No par Public Service 10c General 1051% 600 28% *>28% 37% 73 5 No par 28% 821/4 13%' No par series $3.75 281/2 5,600 33% ¥ •' No par 28% 38 71% _1 common 32% 83 44 No par Corp 32%* 38 67 % 1 preferred 32% 83 12% No par 100 9,1/J 4% 37% 16 3 100 35% 4% 83 VB •127 2 conv)—No par preferred 35 y4 4% 4 22% No par _^_100 Corp 37 4'/2 37% •83 100 Corp com 35% 609 27%' 27% 27% 27% 1,400 ' 14% '"14% No par new 27% ''28 """ 32'/4 28 • 137 < 137'A 137' 137 27% 31 y8 ♦31% 28 54% 9% 9% 9% 9% 137 ' 41% 31 y8 32% 32% 105'/a 55 - 5 2nd 28% 1051/4 54% 54% .54% 5 common- 281/4 ' 106 •105 41% 31% 31% 41/2 '28% 1051/4 27% *27% 1 100 42 ♦31% 29 321% ' 600 *41% 31% 32 »/2 32% 32% 33 . 42 *27% 29 *27% 28% •27% ' 1.66% com ^ 4% ' 50 preferred General 3,200 41% Corp.: convertible 6,500 8% 31% preferred 3%% 26% 8% 41% _i Finance 5% 26 y4 8% 31% preferred cum 5% 26% 8% 41% Transportation—2.50 ($2 5% 26 VB 5 com 1,600 5% 5% 50 ; Inc ooj 82 *81 8% 26 " . 3,500 26'/8 ■•' •' 5% 25% " 2 Co (The) 5% 5% 25 No par 5 common (The) Industries *80 8% Instrument Corp General Mills common $5 2,400 liy4 63 Foods $3.50 5<fc - 11 Vb General ft 100 8 *7% 8 * 14% General 101* 5,500 62'A General Electric Co 28 8 90 32% 11% preferred. 10 General Dynamics Corp common 3 80% July 22 21 983/4 14% series 5 Jan • 32% 11% General Contract Corp common 4 8% Jun . 380 983/4 32 Vb 99 ♦73/4 8 *7% 8 120 6,400 47 108 63% preferred General Cigar Co Ihc com 7* preferred 13% Sep 94 2 46% 1071/4 14% Bronze 9% Jan 16 47% 1071/4 11 Va Baking Co 56% Feb _.11% Feb 26 15 108 33»/2 33% 101 46% 107 'A 47 y4 46% 98% ' 50% Jun 23 100% 98% 98% 98% . 108 109 108 1071/2 106 101 47% 47 y« 48% 47% 62% conv 6* 100 1 14% Preferred 25 203/4 47% 7% preferred 4Jt Aug 24 48% Jun 48% 203/b 47% 33% Coxp General Cable Corp com— 4% 1st preferred July 23 July 15 473/4 20% 46% 64% Amer General 15% Aug 11 78 48% 20% 47% 11 y8 preferred Jan 6 16 48% 20% 47 I/b 14% Container General 15 48% 20% 48 11 Vb General American Investors 15% Sep 29% Sep 100% 48 Va 20% 631/2 convertible Gaylord 29% Aug 27 100 1/2 48% 20% 50 14% Wood 3 11 3 18% Jan 11,800 38 98% convertible preferred 148% Feb 135% Aug ' 29 57 y4 Aug 15,100 47% 373/4 11 Vb Co 4%% 107% Aug 27 9% July 30 14% Mar 18 155 1 Gar 28% Sep 4 Dec 31 5,900 203/4 47 y8 38% 65% Gardner-Denver 2 47»/2 20% 37% 11% Garrett Corp 34 y4 Aug 25% Jan 22 29% Mar 24 Sep 24 31% July 26 7 98% Jun L 6% 7 471/4 18'/a 38% 64% Gamewell Co 4 3,400 18'/a 381/4 1 Gamble-Skogmo 12 373/4 18'A 38 10 Galr Co Inc 3% Apr 20 7% Mar 12 700 373/4 100 preferred Gabriel 24% Jan 27 33% Jan 17% Jan 4% 4 22% Jan 28% Jan 10 Sep 10 Jan 18»/b No par Fruehauf Trailer Co 82 1031/4 18% 10 Co 30% Sep 4 *102% 18% 34 Corp Froedtert May .23 2 21% Sep 21 22% 8ep 15 3% Sep 14 21% Aug 31 Freeport 29 103% ♦18% 100 15% Aug 27, 4 ♦1021/4 181/4 Sulphur Co Franklin Stores 17 preferred Corp Francisco Sugar 2 Sep 6% Jan 38% May 19 10 66 34% Jan ' 6 13 15 20% Jun Foster-Wheeler May 19 11% Aug 7 69% Jan 3 6% Sep 33% Dec 14 Jan 28 7% Mar 9 4 23% Jan 6 34% Aug 16 Mar 22 11 27% Mar 24 79 20% Jan 4 10 9 Jan 11 45% Jan 51% Mar 17 May 15 Jan 6% Jan 19 34'/2 103 VB *18 VB 1 Mar 16 15 34 y® r^03 VB 10 Sep 28 20 34% 103'/a 15 100 5,400 34% 48% common 109 2,400 t 34'/4 34 34% buo 83/4 8% 103 y8 10 & chem Corp 4 190 347/B No par pfd ser of '51 Inc 2.700 56 56 8% 83/4 18 Va cum 6 13% Apr 142 Stores 88 y2 Jan 23% Jan . Fair $4.20 dlv 94% Jan 29 20 24 7,500 81% 107% 27% " 55 55 37% Food Machinery 28 12 15 68 Food 23 Sep 48% Sep 27 6% Dec 21% Sep 101 12 Jan 103 14% Sep 10 48% Sep 93% Jan 2 96% Jan 9 89 Jan 43% Jan 217b 80% 106% J • 1031/2 .7% Light Co Corp 106% 34 y8 1 Corp & Steel 1,400 '103 Vb No par Co Power 9 11% Dec 22% Feb ; 8% 5 (The) common.No par ; 12,000 93 81% 105% 8% " 9 28 93 27% 27% x81 55% 8% 92% ' 700 27% 93'/4 27% 9' 28% *9 9% 27 55% 56% 56% 8% 56 No par Carpet Co Co 53% 1,200 11,400 • 9 V\ 27% 105'% 300 1,300 4 9y8 105 100 53 ♦51% 47% 29% 94 200 46 54 *45% 4% 94 % 53 *45 ♦51% 47 47 & Rubber com—12.50 31% Jun July 23 ♦621/2 64 54 •51% 54 46 '' ♦63 • " 1 (The) 1,000 15% 21% 27 y8 $4 preferred Florence Stove 23,500 15% 16 ♦15% •15% 5 Corp Flintkote 4,600 > 24% 15 Va < 21% 9'/4 6 28 2ya 243/b 243/4 15% 27 V* First National Stores 357/8 Aug 18 103 y8 Sep 7,500 *2 2VB ♦2 24% 9% Firth 3,500 76 16 5 common Co 8 12% 75 16 y8 1 Firestone Tire 12% 76 25% - 25% Sep 2ya 26% Mfg 1,200 12% 1 4 •15% 50 2 Corp 4%% *2 2 % . 5 Tarrant Filtrol 71% 15% 50 ; Stores 12% 72% 24% •15% 1 common 1953 series. Corp 12% 71% 5 Corp Dept 12%i 50 Corp Fidelity Phoenix Fire Ins N Y 107% Mar 19 17 & Ferro 99% July 23 Feb 14% Jan 76 2y8 •2 12% 16% 1 pfd ser A Fawick 12% 72% ►72 l common Corp pfd 4 6 107 8 May 5 72% 20 Corp Corp cum conv Federal Aug 16 18% July 30 8 53% Sep conv 30% July 30 54% Sep 27 75% Jan 14 13% Jun Co Fedders-Quigan 4 20% Jan 2 86% Jan 7 67% Sep 41 Sep 27% May 21 Oct 19 9 12% No par Metallurgical 5%% 10% Sep Co preferred series B Fansteel 48 Mar & Apr 14 18 Morse 12% 72 % 16'A Shares 16% 16 %v 16% 16% 16% 16% .16% F&irchild Engine & Airplane Corp-1 17% Jan 8 Oct. 1 •16% -2.50 Corp. 18% Jan Jan 57 24 21 Buffet the Week Friday Sept. 30 1 4 27 ThUkSuay Sept. 29 3 / Sales for SALE PRICES Wednesday Sept. 28 Sept. 27 —5 j. Inc Fairbanks l 18% Aug 11 Co Corp. Exchange 34% Apr 48% Jun 21% Sep Products Eversharp 77% Aug 16 22% May 11 Sep 6% Sep 16% Dec Evans Par AND HIGH Tuesday Monday EXCHANGE 11% Jan 12% Feb LOW STOCK' NEW YORK Highest 9 14% Mar 14 Sep Range Since Jan. 1 Lowest Highest Lowest 10 STOCKS 24 24 20 Vb 1471/2 20 1471/2 130 147% 7H/2 *77 30'/a 30 303/4 24 23% 23% 10 79% . - 6,500 2,300 21 22 The Commercial and Financial Chronicle... (1342) Continued—Page 6 NEW YORK STOCK RECORD Ranee STOCKS for^revious Highest , Lowest i Highest 2 14% Dec 11% May 21 • 14% Mar 95% Jan 90 % Jan 7 97 19% July 29 28 % Jan 22% Jan 11 4'A Dec 4% Jan 8% Jun 31 -Sep 5% Feb 4 2 29 38% Jan 26% Mar 29 21 77 68% Jan 4 87% Sep 27 $5 45% Jan 4 62 27 Gull Oil Gulf States 41% Sep 14 20 Jim 90 July 92 Jim 97 July „ 50% Mar 27 29 5 106'% July 28 109 Sep 27 Jan 15 106% Mar 26 Jan 27 46% Aug 17 29 % Feb 2 57 % Sep 13 20% Apr 26% Jan 16 103% Jan 16 24 105% Jan 8 103 May 105 8 105 5 35 2 Jan preferred Utilities Co— 1 35 • 97. *95% 55% 35% 4% 32%- 12% % 4% 31% 62 32 86% 61% 60% , preferred $4.40 •diviiiMid preferred $4.44 dividend preferred 31% —100 —100 31% 31% *104% *103 104% •108% 109% 109 106 *104% 106 31% *103 109 109 100 21% .31% 104% *103 % 104% 31% 103 60 18,400 500 4% 31% 31% 32% 86 86 12,000 61 % 61 61% 37,200 31% 3,200 / : 7 6.300 ' 32 31% t 103 *103 , / 104% 109 *108% 109% *108% 106 *104% 19,700 4% - 86 % - No par — $4.20 dividend 12% 96% 34% . 34 > 5 31% 86 60% ,,86% 61% 35% *4% ' ; '95 Shares ' 12%":. 97 34%" the Week Oct. I 12% *95% • 86 32'% 86% 87%. v 61% >62 4% 5 Friday Sept. 30 12% 3o Sales for Thursday 97 34% 35% 32% 32% 87 12% *95 % 97 «4% r -5* PRICES Sept. 29 12% 12% 12% 96% SALE Wednesday ** Sept. 28 12% - HIGH AND Tuesday Sept. 27% ■ No par 125 Corp— Common 34% July 30 100'% May 26 28% Dec 1 22 Par- Gull Mobile & Ohio RR com.No par 35% Aug 17 26%'Dec Sep Monday >,y — 66% Sep Jan LOW STOCK EXCHANGE ••i - GreyhouAd Corp (The) common—3 :4%'./o preferred 100 Grumman AircraIt Corp-., 1 Guanlanamo Sugar 1 4 20 39% Aug 11 4 ; , 87% July 31 12'A Jan YORK NEW Range Since Jan. 1 lear J95it Lowest Monday, October 4, 1954 *104% 106 104 % 30 120 109% 106 :^H-, 32% Sep 23% Sep 16 15 36% Mar 15 30% Dec Jan 30 18% Dec 2 31 17% Jan 17 30 ,'. Hacken.sack Water Hall Printing Co (W F) Walcli 11% Aug 2T 14 Jan 23 12% Mar 2 19% July 29 Hamilton 30 71 Jan 30 63 % Jan 5 12% Sep 100 Jun 15 16% Jan 5 12 % Jan 4 83 "Sep 22 20% July 30 Hainmermill 105% Feb 10 22% Sep 15 31 Feb 2 9 145 Feb 2 20% Aug 13 7 % May 20 5% Jan 8 102 % May 105% Mar 11 24% Jan 9 33% July 23 4 141 15 18 Aug 22 % Dec 29 4% Sep 31 % Dec 14 11% Jan 2 24 5 Sep Dec 23 8 Mar Sep 30 23% Sep 23 30% July 12 19 6% July 12 Jan 17 32 7 78 % Jun 15 2 85 Mar Hazel-Atlas Hecht 19 40 Sep 24 99 Sep 23 5 21% Jan 26 23% Aug 30 20% Feb 38% Mar 13 35 5 37% Aug 17 20% Apr 13% Mar 12 19% Aug 17 93% Sep 20 10 Feb Jan 6 121% P'eb 2 38% Jun 18 08 Sep 15 74% Jan 6 Jim 17 120 % Jan 9 37% Sep 48% Jun 15 44 % Feb 3 4 53% Apr 14 23% Sep 12% Sep 14 26% Jan 11 11 18% Feb 2 14% Jan 11 62 19 >73% Jan 7 68 60 % 113 Aug Mar 27 29 72% Sep 14 91 Feb « 20 Dec Mar 7% Jan 14% 5% 5% 20% 20% 20% 6.800 25 25% 25% 3,800 *86'% 87% 87 87 100 *39% 38% 800 23 22% 22% 37% 37 37 16% 17 16% 17 *16% No par 93 93% 92% 93 92% 25 5% preferred —100 Hersliey Chocolate common—No par series 3 4 95% Jail 12 108% Jan 22 13% Jan 4 33 Jan 7 35% Aug 25 70% July 14 Feb Mar 25 48% Jan % Jail 15 $4.20 conv 26 Jun 54 Sep 64% Jail •8 Dec 29 May 17% Jan 1 14 7 15% Jan 6 9% Sep 14 21% Jan 0 11% Jau 4 15% ami 3% Nov 18 1 4% Jail 94 % Jan 4 101 Feb 17 22 29 % Dec 24 28 % Jan 11 15 79 2 Mar 11 Oct 105 May 21 pfd 91% 92 91% 91% 410 39 % 38% 38% 38% 38% 9,400 10% 10% *10% 10% *10% 10% 200 15% 15% 15% 15% 15% 9,400 *6% 6% 300 19% 19 % 19% 19% 19% 4,400 28% *28% 28% 23'% 28 % 400 47% 48 46% 47% 46% 45% 46% 45% 46 9,200 73 73% 71% 73% 71% 72% 71 71% 70% 71 2,400 80% 80% 81 81% 80 81 80 80% 79 79 1,600 102% *102 102% 103 *102 103 102 102 131 *128 131 127 128 5 ser *102 B_No par *129 100 _10() —100 nutisum 1 Howard 2 IIowc 5 Hudson & Manhattan Cominon__100 38% Jan 29 19% Jan 8 13% Jail 14 Hunt of 2% Jan 11 3 TTUpp 35% Sep 17 40 5 48% May 21 50 July 22 51% Aug 26 7 50 53 49% Jun 18 Jan 54% Mar 11 52 % Jun 52 51 % Jan 13 2 2'A May 18 ~6 151 % Mar* 16 " 274 Jun 38 3.700 77 2.500 19% 14% 1 Jan 26 13% July 17 15% Nov 24 1574 Jan 5 21% Sep 15 2(1 % Nov 10 25 % Jan 4 Aug 13 92% Jan 14 89 % Jan 6 14 74-Apr 28 271 76 Dec Jan 5 166% Jan 7 26% Mar 24 1% Oct 28 15 9% Sep 15 47% Jun 16 93'% Jun May 13 33 "A Aug 4 30 R.R 175% Oct 1 23% *22 23 53% 53% *53'A 54 48% 50 48-% 49 *58% 59 Co 50'A 54% 54 10 161% & 64 63% 6374 9,100 3274 31% 3274 5,900 20% *20'A *20'A 34 16 20% 34% 100% 16'/a 100 173% 173% 5 100 Mining Corp *88 1 2% Canada com—No par 49'A Preferred 100 ; 4 ■1 ■>% Sep 3 International Packers 80% Sep 27 International Paper 295 *20% 34% *100 20% 101 % Jan 13 139 3534 35 35 35 35 3,900 100% 101 101 101 101 160 16% 15% 15% 294'A 294'A 33 32% 174 '1733,4 54 Jan 26 373/4 Jjyi 4 21 35 Jan 19 3174 Jan 29 35 % May 28 31 20% Jail 0 13% Jan 4 24 10 31 % Dec 18 29% Apr 1 37 74 Sep 28% Oct 8 33 % Jan 22 31 May 4 23 % Dec 37% Aug 3 29 30 % Mar 18 25 Jail 5 31% Sep 22 10% Jan 4 14 28'A July 29% Jail 2 35% Aug 25 5 347/« July 21 24% Jan 4 29% Aug 5 18% Jan 20 30 15 19 11 Jan 14 41 % May 21 16 31% Mar 16 22% Jun 15 15% Dec 22 26% Mar 16 30% Jan 6 109 % Dec 10 130 Hr-V !H' al Feb 14 J1/4 ?,ec 1" 2 a..o 01 H 7 !'•! in, A„«J| III/ h iS £.!? i? «» ?°V ,6 Slv ran IU" T?n oi' if ?CC K73/ '■ 2 14 «« 103/ r»nn 2 o ? o ?fC. ,§ .1.1/4 Mai 17 fooirm'- " May 12 112 11 Aug 13 4% Feb 19 19 Jan 6 20% Jan 21 86% Jan 8 35 /a A,,r 22 99 J"n 16 6174 Mar 31 59 % May 7 i9^4 Jan 4 Jan 4 3i /4 Jun 9 24 - 120 Sep 7 29 Aug 17 Jau 25 8 Aug 19 28% Aug 20 36 Aug 18 95'4 Apr 1 4874 Sep 23 103 A'n' 14 78'A Sep 14 71% Sep 16 277'b Aug 3 95 SeP 13 36% Apr 13 *88'A 23/4 33% 175 175'A 175'A 3434 *331/2 3474 3774 3674 90 3 4 *88'A 2% 274 49 3A 49 49 % 48% 139% *137 139'A 138% 37 5,200 1,700 34,600 390 100 15,300 9074 274 1.300 49 'A 18.400 140 250 14% 14 14% 13% 14 13% 14 9.600 80% 78% 80 78 78'A 77'A 78'A 8,400 $4 preferred _No par Int'l Rys of Cent Amer com—No par *105% 107% *105'A 107% *105'A 107 % *105'A 107% , No par 13% Dec 3 37 15% 294 3 2 34 14% Shoe 423/4 July 23 57% Oct 1 *274 49% '137 90^4 *33% 15'A 291 33 79% International Jan *88'A 34 3A 37% 174 15% 294'A 14% 11 3 138% 3 49% 139 37 32% 80 % 38 40% Feb *2% 49% *33'A 1743/4 15% 293 14% No par 24 2% 34% 33 79% Salt Sep *33% 100 34% 100% 294% 174 20% 34% 16 327/s 20% *162 15 International 7 20 3A 163% 101% 294 49% 139 *20% *162% 7.50 Limited common 27 For 90 6374 31% 32% 66 in 163% 64% 32% preferred 1,800 32 294 % com 100 5,100 32 No par Chemical 4% 45 136 64 100% No par .- *374 44% 136 3,300 32% _No par 4 106% May 19 4% 161% 5 common ,Jan 4 'A *3% 60 13,200 65 90% 103% Nov 4'A 15 32 *88 974 Jan *3% 5374 24 64% 90% 55 *52 161'A 94 16 53% 32% 5 12% Mar 18 *52 64'A Jan 59% Nov 53% 161% 1 Mach_ of 5334 650 200 161'A 77 Nickel 54% 32% 9 Int'l *54'/8 64 100 preferred International 54% *160% 37'A 1 *5374 45 37 27 54% 138 11 no 4% 5074 *53% 44% common 50% 600 55 135% Inc 47'A *52 45 443/4 Jan §qi/ fnM *3% 45 37% Oot 5074 5334 139 46 33% *»% Mnv 21 48 % *52 14% 36% 49% Sep 7,500 50 54 53 V» 23% 33% 1*0 4774 47'A 54 *52 1474 Minerals 5 200 24 Hydro-Electric S.ys class A—25 4 9.700 58 3/4 14% Int'l 4 49% 58 3A 24 Int'l 1% Jan 4874 15 22 34 % Jan *53'A 59 24 34 % Sep 13074 Jan 54 49% "58'A 14% 3774 Aug 26 2 54 48% < 23% 4 5 22% 24% 5 2 % Jan *21% 14% Jan 47% Jan 22% 44% 20 Iron Harvester 4 % >*21% 14% 74 Jan 23 32% x24 % 28 Feb 32% 138'A 21 29 A Sep 3% 2,100 32% 45% 21 Vnn 54 8,300 32% . 139% 8% Sep ana/ *52% 1,600 2% 139% 64% Sep t..i« 54 48% 51 49 % 22% *2% 139% Jan fnr 54% 3% 55 al ?A *53% 48'A 50% 48% 22% 3 45'A 29 171/" 54% - 50 23 2% 139'A May 27 173! ' 34 ' 50 22% .! 3 1 40% May 27 Jun 50% 55 32% 50% 23'% .... No par May 29 27 48% *54 15 10% Mar 17 9% Sep 50% 55 24% 64 29% Jan 48% 58% 25 132% Mar 11 18 Jun 50% *58% 22% "••2%v 100 Ctfs Business 48% >■ 2 Jan 30% Dec ) 48% *54 No par Corp preferred Int'l 58% 14% — Interchemical Int'l 51 58% 24 % common Co Insuranshares 54% 50% 5 29 36% Dec , 54 No par 30 38 % Dec 2,300 50% *22% 41 - 2,100 23% Dec Jun 6% *22% 45% Dec 6 6% 34% preferred 7% 6% 34% No par Lt & Rayon Inland Steel Intel-lake 6% 34% Inspiration Cons-Copper 4%% 7 39 % Jail 7 34% Dec 4 Jan 8 *6% 90 1 31 128% Sep 2774 Jan Sep 177'a Aug 23 306 May 11 159 15 20% Sep 1 37% Aug 17 101 6% 7 34 % 5 Industrie. Eleclrlca De Mex S A 67% Aug 4 34% Aug 13 *6% 2% 50 170 4 6% 50% 49% July 11 8,500 23% 20 Pwr July 29 21% Jan 2% 2% preferred cum 159 4 0 % Jau 2 50% _5 Terminal 23 5 2% *23% 2 Ingersoll-Rand 25 8,800 2% 2% 15 Industrial Jan 14% 2% 6% 50 7 Dec 14% *2% 23% preferred 2 29% Feb 14'% 2% 50% cum Sep 48 14% 2% 2% 4.70% 144 165 14% 2% 23% 15 4 7 14% 2% 50 21 15 14% 14% 50% Co 2,200 14% I 50 4.42% f v 6.66% 2474 Aug 23 4-% Aug 16 30 IB 27% Sep '37-/4 19 preferred Jan 18% Sep 21% Sep 105 % 76% preferred Jan 23 100% *103% 37% cum 97 19% Mar 11 *100 105'% 18% cum 39 33 101 % *103'% 77% 4.08% 7 14 *100'% 37% 4.26% 28 15 101% 105'% 18% Co Jan 13% Sep *100% *103% 37% * Refrigerator 101 24% Sep 148% Jun 101% 105 % 1 1 Apr 35% Sep 86 *100% *103% 77% Lie Indianapolis 140 101% 19 Illinois Power Co, commoti Illinois 1.700 79 15 % Sep 11 21 68 94 18% 54% Feb 4 8'A Jan Oct 11% Apr 15 67'% 94 37 % 5 Mar 300 68% 94 78% 54% Apr May 25 *92% 105 % preferred 100 Bay Mill & Sin Ltd—No par Power 68 94 450 18 12 4 68% *100 Illinois Cent RR Co common_No par 6% conv preferred series A 50 Jan 35% 80% Idaho Jan *34% 37% 6 50 34% 18 3 52 34% 37% 62% Aug 5 35% 120 7,600 79 52% Aug 2 14% 18 57% July 28 May 14% 81 9 Sep 67% *92% 14% 37% 4 46 *35 14% 17% 14 44 35% 14% 80% 56 :,A J till Jan 35% 14% 37% 43% Jun 44 14% *103% iioiicum Hussman 14% . 102% *128 130 1 "When issued" 48% Mar 25 130 130 (Del)—25 Corp 4 ■> No par Texas Corp_J Co Foods 5% Mar 19 25% Sep 3% Feb 15 14 7 19 2 2% Sep 18% Sep *6% 28% | 46% 2 12% Dec 15 7 19% tio.i 5% ■ *6% 7 28% 19% Oct Hudson 20% Jan *6% 19% 40 % Aug 10% July 27 5 7 *28% common preferred Houston Light & Power 51% Sep^n 10 92 28% preferred 1 34,200 20% com 4.40% 4 1,100 17% 77 33% 68% 6 % Oct 30% 16% 91% 94 2 14% Mar 11 30% *76 38% *92% Sound 300 91 Ou " 30% 1,400 53% 38% *68 Co *30 100 40% *52% 90% 94 59% Feb 56% Jan 30% 40 125 38% 69% 7 30 30 % 17 x94 16 23 52% 77 x69% Oct 42% Dec 40'% 52% *124% 28% preferred 36% Oct Jan 39% 53% 16% Household Finance common__No par uii 125 350 20 % preferred Stores %: *124% 77 35% 4% 22 5 125 17 *34% 23 19 1,900 77 —50 102'% Jun July 17 91% 16% 14% 3%% 91% *75% 14% 12 92'% 40% 17% —3 Apr 96 91% 90% No par 2nd conv 900 93 % 1,800 12.50 Houdaille-Hersliey $2.25 16% 38% No par preferred Sep 37 16% 10 Curt) 16% Apr 22% 37 16% 30 Mining Oil $4 25 Jun 13 Sons Electroclremical Co Mar 31 00 99% Jan Honolulu Hooker 135 6 103% Jan Homestake Co 15 22% 36% 16% 5 Hotels Corp. 103 18 84 Sep 22% 36% 76 Holly Sugar Corp common 5% conv preferred 50 *22% 17 *52% 30% 29 01 Sep 30% 16% 110 22% *74% * > 27 3 3% Dec 18 % 53 % 20% Sep 24 84 30% 17% 100 37 40 40% *52% 28% Sep 93 % Feb 38% Sep 53 38% *99 22% *124% 125 40 40% 53 *124% 5 84% Sep 27 40% 50 A 124% 39 100 37 4 57% Feb 7% Jail 124% — u" 15% 78% May 26 48% May 19 *37 39 *99 100 No par preferred Hercules Powder common 39% *99 10% 5 16 39% 40 99 15 July 20 35 % Jun 22 % 99 10% 42 40% May 25 20% 24% 87% 15% 4 24 20% 24 % 10% 30 15 20% 24 % *86% *6% 4 34,700 21 15% Jan 5% 87% *10% 56% Jail 120 3.U00 24% 1 57 300 14% 5% f- 34% 20% 5 2 1,600 34% 14% a 24% 5 • 4,600 6 *66% ■ Hollander Jan 22% 27% < 21 10 common & *5% 87% 39% (A) 22% 27% • 2,000 24% 98% Furnace 5% y 20% 39% preferred 5% 6 260 31% 145 23% 98% Motors 4%% 27% *5% 106% 31% *138 *86 % 25 W) *105'% 22% 27% 6 100 200 5,000 15 common non-cunt Hercules 5%' 22 27% 18 % 19.% 100 • preferred ———100 (G 7% 5 5% Holland 30% Jan 7 14 Hires Co (Charles E) 31 8 14% 5 Dec 29 9 14% 14 32 80% Jun 14% *90 Dec 17 14 Hilton 110% Mar 19 7 34% 29 8 04% Jan 15 34% 8% Sep 33 % Jail Sep 35% 11% Aug 25 41% Mar 10 12 *34% 18% Aug 14 103% Oct 34% 4 25 % Jau 102 34% 19 May 13 2 10 35% tSfAii 9 17% Mar 23 Jim *34% 29 Sep 28% Jan 90 *5% 76 39 % Sep 15 58 22% *27% 5% 30% 5 11 n 23% 27% 5% 1.100 83 i9% 31% 22% *74% 1 Dec 30 Helnie Co 3.400 > 145 27% 6 Heyden Chemical Corp common—1 3%% preferred series A 100 $4% cum 2nd pfd (conv)—No par 92 Sep 22 J) 4,600 19 % 82% 105% 31 *138 23% common (H *105% 31 145/ 22k 27% preferred— 3.65% 105% 31 *138 *5% Co 56% *17% 19% 27% Hewitt-Robins Inc ^————5 Apr 14 Oct Heinz Glass 105 % 31 % 19% 23 21 18"% Apr 78 25 Sep 16 Co 3%% 105% 145 10% Jail 22 30 32% Dec 31 % *138 6 12% Mar 11 31 4% Dec 47 105% 31% 34% July 26 4 Jan 105% 145 9 10 10% Dec 55 43% Mar 31 b4% f*'ait 18% Mar 10 8% Sep Mar 16 81 % Jan 2 15% Jan 125 May 26 52 31% 19% lu Corp Sep 22 2 Mig May 21 31% Apr 14 4 % % 25 94% Jan 29 *105% *138 19 % common—_1 50 Marx & America preferred 44% 19'% 82% Refrac Schaffner >43% 56% . y 18% *82 $4.25 pfd—No par com™—15 Co Corp of 21% Aug 18 22 13% Dec *17% —*4—A————100 Steel Corp_„ 2.50 Harrlsburg Hart Hat 18% 82% preferred 89 21 21 % Dec ii% *17% *82 5% Jan 34 % Dec A) (M Harbiaon-Waik 18% 82% 5% 34% Jan 19% 20 14% 97 56% 19% 19% 14 % 22 44% 56 82% *17% 18 1 20 44% ! 82% 2 Apr 19% 20 Hayes Industries Inc Jun 56% 19% 19% 18 Hayes 31 45% 55% 82% 1 30 *44% 19% 100 Co 7 91 ' -Haunii Paper '*■ 2.50 No par Co#com preferred conv 4 21% Jun 5 Nov 4% 25 18% Jan > 4 9 29% Jan 44% 55% 19% 19% Jau 6 4% July 12 87 9 44% 55% 45% 56% 19% —_5 14% Oct " 21% Dec 27 36% July 6 11% Feb 8 % Mar 12 21 Jan 22% Apr 14% Mar 20 J2 17 Jan 30 > 131 22 July 45 55% Well Cementing—_5 Halliburton Oil 61% Dec 131 :———25 ' . 5% preferred International Silver 7% 25 common preferred International International $1.40 cum 25 Tclep & Utilities conv Teleg.No par Corp 5 Island $6 Creek common preferred 41.'A >- 41% 511/2 51% *35% 37 *64'A 41% 51% 66 41'A 51% 8 62 *64% 22 37% 37% 37'A 373/a 37 37 % 30% 37% 30% 12% 127/B 12% 127'a par *31'A 32'A 31'A 31% *8 8% 8'/a f}% 1,100 62 61 61 66 *64% 66 64 64 200 4178 42 4174 42 2,700 53'A 21% 21% *105'A *61 41% *35% 22% 8'A 62 52 37 22 107% 41% *35% 30% 37 21% 52 3/4 *357h 21'A 56'A 37 2174 56 5774 *3574 22 7,800 38 2174 340 3774 37% 37,200 3778 37% 373/i, 37% 37% *37'A 38 *3774 38 30% 2974 30 *29% 30% 600 1274 127 s 1274 1274 12% 4,800 313A 31 31 30'A 30% 600 *30 1274 *31 3774 2,200 700 par 313^ 32'a 31'A 31% 31'A 32 31% 3174 31% 3174 3.600 27% 28 28 28 28 28 2774 2734 2774 27% 1,300 17'A 1774 1774 4,900 50c 1 Johnson & Johnson Joy Manufacturing Co 66 878 62 37 1 Jacobs (F I> Co 1 Jaeger Machine Co _No par Jefferson Lake Sulphur Co 1 Jersey Cent Pwr & Lt 4% pfd—100 Jewel Tea Co Inc common 1 33/*% preferred 100 Johns Manville Corp -No par Jones & Lnughlin Steel 5% preferred series A 66 8% 61 10 Light Co Coal 61 30% 25 : Intertype Corp ; No Iowa-Illinois Gas <fc Elec Co.No Power 8% 58'A 3.50 pfd Interstate Dept. Stores Interstate Power Ce Iowa 7% 100 12% com 10 100 1 173., 116 6 7/8 18 17% 18 116 *115% 116 7 6% 7 ►1153/8116 7 7 17% *11574 6% 1774 116 7'A 17% *11574 674 116 20 7 8,300 26'A 26'A 267/s 267/a 2674 2674 26% 26 "2 26% 26% 500 34 34 34 34 33% 33 7 3 33 'A 33% 33'A 33% 2,300 95% 95 % 95'A *95% 96'A 30 48'/a 2,300 *94 47 101% 76'A 95'A 47'A 103 76% *94 47 95% r 47 *95 47 47'A 47' 103 *10174 103 *10174 76'A 77 76'A 76 5'8 76% 70 69 103 47% 103 4674 *102 76% 7674 70 67 34 103 10 77 7.300 6874 1,000 25% 17,900 69'A *69 "2 2574 26 25% 257 8 25% 25% 2574 25% 2574 93 93 92% 92% 9274 93 92 'A 93 93 93 33% 3374 33 % 33% 33 % 33'A 33'A 33'A 33'A 3374 69 34 6974 *69 760 4,400 Number 5365 Volume 180 .The Commercial and Financial Chronicle .. (1343) NEW YORK STOCK RECORD Range for Previous - Range Since Jan. 1 Year 11)53 Lowest Highest Lowest NEW Highest YORK 30% Mar 12 26 y8 Jan 11 49" 4 *40% July 30 Feb 5 46 % Jan 4 2% Oct 15 8% Jan 2 9 26 ye Jun 16 33 y» Dec 14 2'A Sep 32 '/a Jan Jun 10 95% Jan 13 92 Apr 9 100 Jan Sep 11 100% Mar 98% Jun 18 105y2 Dec 92 4 28 1 12 Sept. 29 1 Kaiser Alum Corp. 1 371/4 37% 1 5% cum preferred' (conv) Kalamazoo Stove & Furnace 50 58% 59 % 10 2% '2% Kansas City Pr & Lt Co com 3.80% preferred No par 36% 36% 98 % 103% Aug 10 107 Mar 13 105 Aug 4% May 26 Chem the Week Friday Oct. I Shares 36% 37% 59% 59 % 2% .* 37 2% 37 % *97 98% 36% 37 36% 38% 37% 39% '58% ,58% 59% 59 60 2% 2% 2% *2% 2% 1,300 37 '37% 37 % 37% 37% 37'/a 1,900 *97 >98 % 58% 100 *97 *104 , 105 *104 105 106 *105% 105 *104% *104 105 2% 13,600 2,900 *97 *97 98% 98 % *104 105 *104 105 106 *105% 106,", 140 104y8 105% '104% 105% 105 105% 170 . . *105% 100 preferred 4.20% 100 104% 104% No par 59% 593/4 59'/4 60 58% 59% 57 583/4 50 X43 % 43% 43% 431% 43 43 433/4 43 43 8.75 21% 217/a 213/4 21% 21% 21% 22 22 22% 5 15% 15% *15% 15% 213/4 157/8 157/a 15% 15% 1 23% 23% 231/4 23% 23% 23% 227/e 23 No par 4.50% 9 Sale* for Thursday Sept. 30 ' —100 preferred-L cum PRICES Wednesday Sept. 28 18 39% Aug 2 97% Sep ,17 « * V2 Any 15 SALE Tuesday Sept. 27 V K & HIGH Monday Par Oct 60 102 16 STOCK 3% Jan 41 % Nov 85 LOW AND EXCHANGE : 22 Ye Nov Continued—Page 1 STOCKS 863/4 87% 861/4 87 86% 87 85% 86% 46% 44% 45% 26% 26% 72% 73% 73 73 2,400 1,000 preferred ——: 106 106 *104% 104% Kansas City Southern— 14 16 37 17 27 21 38% Jan 45'A Aug 10 32% Jun 36% Sep Sep 10 July 13% Sep 59 Vn Sep Aug 16 28 Common, 5 18% Jan 21- 22% July 30' 12 % Apr 23 16% Sep 14 18 20 % Jun 18 16 Jan 4 24% Sep Feb 25 64% Jan 4 87% Aug 4% 9 82 15 14 Sep 60 45 % '35 '/2 Jan 14% Dec 1 14 28 Mar 17 Oct :t ,3 I 4 16 24% Feb '4 8 1 3 39% Jan Nov 20% Jan 11 49% May 21' 26%-Sep 10 16 49 "A Dec 14 ^8 11 75 Sep 15 111% Feb 9 106 22% Sep 3 60 6 Jan Jan * 35% Sep 101 Jan 24 28 Dec 11 28'A Sep 31 78 May 12 5 41% Jan . *93% Jan Jan 13 30 Mar 19 79 % Jan 95 14 81% Dec 147 31 ,41% May 19 22 5 Apr 46% 47V4 46% 46'/8.V -.261/2 26% 26 261/4/ 71% 71 72 "when 4 Apr 13 37% July 13 97 5 353/4 35% 36 '140% 143 % *141 *29 29% 29 *33% 34% __ 1 $5 prior preferred > 4% 29 35% Jan 5 28% Sep 9 34% Jan 23 Kresge (S S) Co 8 57'A Feb 5 48% Aug 18 51% Apr ,8 Kress 37 y2 Apr 28 > 46% Dec 31 52% Aug 5 Kroger Jun 9 9 Laclede Gas Co_ 4% Dec 28 Feb 24 f 7 9% Jan 5 12% Sep . 4 3% May 27; 5% Feb 18- 21% Jun 28 31 25'A Aug 20 18Ye Mar 18 14 % Jun 9 24% Sep 20 16% Aug 6, Dec 31 56 Mar 12 47% Jan 4 14 24% Mar 17 19% Jan 5 14'A Dec 46 64 21 21% Nov 23 86 July 14 ! 7% Oct * Jan 11% Jan 23 29 28% 487/8 49 No par 47% 47% 463/4 47% 4 11% 6% pfd_75 Pesos Mex (The). No par 4% 4% 5 24 50 24 15% *53 24 1 28% 28% 25% Jun 10 34 Dec 29 22% Jan % Dec 22 1% Jan . 16 Sep 29-' Lee Rubber & Tire— July 20 Lees (James) ■& Sons Co common_3 May 10. 4 6 4 6 '/2 Jan 10% Aug 11 45 % Sep 29 4 Apr %Jan 1% Dec 15 33% Dec 30 14 Jan 2 16 4'/2 Jan 36 6 • Nov 4 22 2 12 17% Aug 12 1 % Apr 15 9% Sep 22 3 % Jun .18 Mar 30 34 - Jan 4 42% Sep 15'% Jan 18% Mar 27 4 27 Dec 29 22% Mar 17 16% Jan 4 20% Sep 23 20% Aug 17 33% Sep O'A Jan 14 42% Feb 4 39% Jan 8 62 7 10% Apr 13 8% Jan 4 13% Sep 34% Jun 10 39 'A Dec 10 63 Dec 29 155 Jun 5 82 Aug 6 56; 6 171 % Nov July Oct 47 36% Mar 22 1 Lehigh $3 - Valley Coal 1st noncum 50c Lehn Corp & preferred 2nd noncum Lehman common Libby 29 94% Aug 19 2 47 % July 30 Link 27% Mar 27 20% May 6 25 Mar 12 Lionel 28% Sep 15 38% Mar 3 30 % Jan 4 43 % Sep 15'A Sep 14 21'A Feb 4 18% Jan 5 28 Jun 17 74 Feb 13 67 Jan 12 81 20'A Apr 23 29% Nov 27 26 Jan 11 44'A Aug U Lockheed 10% Sep 14% Mar 25 13% Jan 4 19% Sep 28% Jan 11 23 % Jail 4 18 26 Sep 15 23% Jun 16 15 5 108% Jan 14 35% Mar 26 22'% Jan 4 10 18% Mar 25 17 4 15 21% Oct 15% Jun May 110 , Aug 106 'A Jan 6 9 . Jan Mar 16 103 98% July 99% Jun 23% Dec 9 30 % Aug 5 146% Dec 30 160% Dec 14 34% Jun 10 42% Dec 21'A July 14 ; 9 30 1 Jun 22 40% Jan 5 137 8 46% Aug 3 29% Aug 19 T 4 103% Jun 97 Apr • 24 Sep 20 Sep 30 40 Jun 25 102 Sep *8% 9 *8% 9 8% 19% 19 5 ' 19% 19% 59% 7,300 12 44% 63% 25 60 117/8 12% *23/4 : 9% 19 19 197/a 60% 19% 197/b 59 60 11% 11% 45 44 J/8 63 7/8 *441/4 44i/8 | 63 J/2 45 637/8 , 27 3/4 68 % 71 25V2 1,200 25% *89 27,800 1,800 92% 9% 9% 93/4 15,300 45 44»% 44% 4,500 16% 16% 16% 8,500 1 1 1 % 8% *8% 400 9 2% 3 900 1 3 500 42% 42 42% 6,100 18% 183/4 18% 187/e 1,600 19% V 63% 63% 700 54 *27%' 42% 42% 12% *53 8% v ♦2% 42 : 55 27% 161/4 r 3 19 xl9 J/2 60 % 197/8 19% 193/4 59% 60 3/8 60 % 62 11% ll'/a 11% 117/8 441/4 44% 441/4 441/4 1,100 63% 13,800 631/4 63% 633/4 152% 151 7,100 8,400 16,800 152 1,570 No par 89% 89.% 90 903/4 *89% 91 151. 90% 903/4 *891/4 91 43'/a 43% 43 J/2 43% 43% 44 *43% 44% *43% 44% 1,500 213/8 21% 211/4 *21% 21 3/B 300 41% 417/8 8,300 150 100 21% 42 27% *79 % 40% 152% , 21% 211/8 211/8 *211/8 43 42 42% 417/e 42% 417% 42 27% 27 27% 26% 27 26% 27% 81 % 791/2 79% 801/2 81 417/s 40% 41 40% 18 % 173/4 81% *791/2 41% 41 18 % 18 18% 45 45% 44% 45% 451/4 27 % .10 —_10 27% 27'A 27% 271/4 116 —100 preferred.. (P) E Co 25% 22 % 10 100 ',,24% *149' (Ky)_Nopar x47% common preferred 177/B - Lowensteln (M) & Sons Inc com..1 preferred 45% Aug 11 12% Aug 16 M MacAndrews series Lukens Steel Co 46 72% 50 38% *100% 100 A .' 10 43 45% 27% 116 45% 27'% 116 26% 600 27 3,500 *803/4 81% 300 41% 403/8 40 7/s 30,200 177% 17% 177/„ 23,800 46% 6,100 45% 46 27 3/b 273/4 *1151% 116 27% 5,800 200 116 116 *1151/2 116 *115% 26 257/8 26 25»/2 257/8 25% 253/4 25% 25% 2,100 22%" 22% 22% 22% 22% 22% 22% 221/2 223/4 7,000 105'/2 *1051/4 105% *1051/4 IO51/2 *1051/4 105'/a 1027/8 1027/b 1021/4 IO2V2 *102 IO2V2 *103% 104% *1033/4 1041/4 *103 104 24% 24% 243/4 24% 243/8 150% 247/8 150 1021% 73 38% 103 43 103 243/o 220 10,200 280 152 151% 1513/4 150% 46% 471/8 453/, 46 *45% 46% 46% 46% 6,800 72 72% 69'A 71 69% 69% 68% 697/e 8,700 3,100 150 47% ' Nashville— 151 151 *150%, 1513/4 18 1 preferred. series B 4%% 11% 447/e 8% 10 common Louisville Gas & El Co 1 11% 92% ? 1% -.24% 22 ll3/4 70% 16% 24% 27 3,400 25% 45% 1% 104V4,; 96 % Jan 9% 16% *1037/8 30% Apr 48 68% 441/2 *1051/4 9 47I/2 *89 25%.; 11/8 / 105 % 22 1,900 ♦251/4 72 *1 101% 101% *103% ■104'A 45% Jan 27% '92% *89 1% 1' > *105% 97 % Nov *53 9% No par com 55 277/8 163/4 100 35'A May 25 11,900 900 441/4 100 16 29% 49% 1,400 9% 100 30 % Dec 29 49 47% 15% 16% 19 Corp Co conv & 29% 49 % 15% 44% 3% Corp Cement Louisville ♦49% 157/8 9% preferred 11 10 29 K 6,900 157% 25% preferred 59% Jan 38% Mar 25 92% V series 2 35% 157/B 16% Long Bell Lumber (Md) A—No par Long Island Lighting Co com lo 7% 300 83 923/4 4% 44% No par Star Gas Lorillard 83 233/4 26 *89 series D 67% Jan May 25 36% Sep 15 Aircraft Slar 15 831% 4% 65% 71% ! *25% 92% 4.35% 15 92 67 66% 26 4.25% 48"% Aug 25 78% July 28 341/4 233/a 27% 21 153% Feb *33% 5% *53 0 28 Sep ,55 28 Sep 26% May 18 500 34%%. 23% 9% No par Lone 5% 28% 5 T.one 2 55 28 103 % Sep 103 *28% 157/8 42% Co. 4%% 100 28% *4% 16% (The)——_____—2.50 Corp Oil 36% 145% 23% 43% Liquid Carbonic Corp com No par 3 % % convertible preferred 100 19 28% Aug 16 24 % Aug 26 106% Mar Lion *53 41% Loew's Inc 34 'A Mar 19 26- 64 / 55 *2% Co. 9 36% 145% 35'/4 11% 10 5 4 19'A Feb 32,400 1,000 ,237/8 157/e 3% Life Savers Corp Belt 451/8 26% :■ 5 25 7 38'A Apr Mar *15 J/2 42% Libby 47% Mar 16 Sep~24 22 Apr 15% *2% ; _ Liggett & Myers Tobacco 7% preferred I.ily Tulip Cup Corp 164 447/8 923/4 11% 11% 5 41 % Products.; 7 Aug 10 14,500 23% f 1 Libbey-Owens-Ford Glass Co & 5,200 86% 26V2 36% 23% 85% 35% 47 11% No par pld Lorner Stores Corp McNeill 500 22'/8 . 93% 47%: par No par (The)—— Fink 1,300 5,400 153/4 351/8 493/8 9% 1 a 11% . 25% *89 ——100 Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley R,R No 11% 65% 5 —' preferred 1' 67% Jan 2 142% Jun 23 ;,6 35% 1 95 13 Mar 24 14% Jan , — — 1 72 ; 6 V2 Dec 1. Bryani, common—. 4%% preferred 26 7 . - Lane Lane-Wells Co 83 29 : *15% •/' .y-v.. 7 27 % Jan 20 14 L ' 5,600 *92% . 93% 491/4v; 5 24% s.1' 84% 36 473/8 29 487/a 7 7% May 23 *83% 28% 28 3/4 Co 3.85% *33% 35% 483/4 Aug 10 Jan *85 34% *92% 10 48% Jan 3 Feb> 18 *33% . ! 144 *142 28% 93% No par 22 9 . 29% Feb ;'95 Aug 9 30% Aug 11 Lambert 34% ._ & La Consolidada 56 18% Sep 47 Sep 19% Jan V 2 . 36% ( : 144 28 3/4 36% 35% *92% 58% 28 3/4 841/4 *83% , 93 36 % • *142 29 • 26%: .71% 36% : (The)__j>—- Co ■ 5% F'eb . v Dec 10 84% 361/a Co.—„_ (S H) ■ 8 *923/4 100 451/4 *26 71% 143 ♦33% ' 36 3/8 36 10 preferred 31% Dec 421; *83% No par i Koppers Co Inccommon May 20 r'47% Dec . 71 _10U issued" conv preferred (cum) King-Seeley Corp Kinney (G R). Go common— 86 6 5 /;■ 12.50 com 57 *42% ' No par Corp ' 82 !/2 Jan : No par 4% 29 29% Jan 5 ' qounty Land Co. Keystone Steel & Wire Co Common Aug 13 Aug 16 39 Copper Kern 15 Jan _ Kennecott / Kimberly-Clark 17 24'A Mar 17 , Aug 37%Sep 7 Power,- & Light Co Kayser (Julius), & Co___ Kelsey, Hayes " Wheel , ' 39% Jun 37% Oct 21 2. preferred non-cura Kansas 38% *100% 43 152 152 43% 38% 38% 38% 103 103 *100% 42% 42'/4 •••' 381/4 39 38% 39 *100% 103 *100% 103 41% 42 1,300 10% 2,100 41% 42% M 23 125 12 45 Feb Jun Sep 8 Mar 20 8 7% Oct 41 17 Mar 24 132 10% July 18. 24 15% Nov 29 26 78% Sep 7% Oct 14 20% Jail 87% Mar 27 6% Dec Jan 9% Jan 29 8 May 9 16 22 2 6 12% May 10 10 20% Dec Apr % July 122 July 40 81 % 4 Mar 16 7 % May 27 8 5% May 12 6 Sep 30 132% Jan 23 A g 19 6% 19 Mack 27% Aug 2 90% Sep 30 8 % Jan 8 % Fi b 28 Wood M Forbes preferred Trucks Macy Apr 9 25 % Jan 4 5'% 20 Magma 2 2'A Jan 6 16% Jan 4 22% Sep 17 Magnavox 26 Mahoning Coal Sep 15 3% Dec 30 8% Feb 4% Sep 14 8 16 6% Sep 18 11 Sep 21 25 16% . 9 25% Jun Jan 22 3 % Jan 28 Mar July 4 12 530 Feb 5% Jan Co 25 Manati Sugar 6% Aug 11 Mandel Aug 5 Mar 9 7 Jan 4 10% Aug 10 Maracaibo Oil 5 19 Jan 4 28% Aug 16 12% Jail 11 16% Aug 24 Marine 58 Feb 4 55 68 Aug 26 Apr 29 54 25% Mar 19 24% Jan 12 31% July 29 88 % Mar 15 Sep 8 8 16 82 14'/a Mar 29 25% Feb 21 % Nov 16 27% Jun 10 32% Mar 23 97 4 32% Aug 11 1 16% Jan 2 15 4 13% Feb 5 14 17% Sep Jan 16% Jan 9 ,18% Mar 20 Sep 16% Dec Sep 20 8 18% Aug 22% Aug Jan 4 25 18 Jan 28 4 Sep 16 2 3 Arg 19 35% Aug 12 Exploration Corp common preferred (conv) 4%% Co & (Glenn Master May Electric Dept. Stores 5 95 Jan 20 91 % Jun 3 97% Mar 29 95 Jan 6 92% Jan 5 98 $3.75 cum y2 ISov 24 $3.40 cumulative July 2 85 16 Sep 15 21 45 Sep 29 52 15 Jan 7 8!) Anr 17% Jan 20 24 Sep 29 83 Mar 16 Mar 12 Feb 22 McCord 43% Jan 14 Jail 15% July 23 lo 18% July 41% Nov 27 45,% Feb 17 40 11% Dec 29 15% Feb 4 12 Jan 8 75 Jan 92 88% Jun 57'A Sep 15 73% Mar 12 68% Jail 26% Sep 22 35% Dec 1 33% Jan 60% Oct 52 17 71% Jan 12 54 % Jan 67 2 39 '/2 Dec Sep 33% July 3 Apr 1 30 $2.50 3 preferred ... McGraw Electric Co. McGraw-Hill 1* ; — Publishing 5 . Melntyre Porcupine Mines 5 28 McLellan 29 19 14 % Jan 4 40% Aug 12 Stores Co 11% Jan 4 30% Oct 1 47 4 90 1 15% Sep 15 19% Jan 17 Sep 14 25% Jan 5 80 May 7 Jan 15% Feb 18 17% Jun 28 Oct 21% Aug 23 Jun 26 91% Feb 5 22 4 89 Oct 27 88% Sep 7 92% Jun 10 111 Jan 20 98 Jan 4 106% Aug 17 91% Sep 21 97 Nov 13 95 Jan 7 105 25 Sep 15 31 Jan 30 26 Jan 4 22 Jun 16 21% Jan 13 28 Dec 29 86 Jun 11 95 Sep 14 Jun 12 93 % Jan 92 Jan 15 99 A 89 Jan 6 97 Apr 104% Aug 18 109 31 , Nov 28'/ij Jail 105 , Feb 84 July 3 93 'A Feb 99 May 21 107% Feb see oaee Jan 5 Jun 14 22 % Feb 29% Mar footnotes 4 92 104 39% Jan 98 % Jan 28 2 Merck Inc 1st Co 2nd 2nd $4.25 57/8 49 J/2 22 525 4% 5% 6% *57/8 6 29% 29% 29% 29'/8 29%. *9'/a 93/a 9% 9% 9% 27% 27% 27% 14% 14% 147/e 62% 62 62 *62 623/4 53% 297/8 *53 53% 52% ♦52% 27'A 14% 27% 143/4 48- 21% *520 47/8 53/4 283/4 48% 217/s 4% Co. series series—. 5 —100 100 5 7 47 21% 43/4 90 120 ; 7% 47% 9,100 4,500 22 '/a 9,600 77/8 525 600 43/4 700 5% 53/4 29'/4 700 9% 9% 9'A 9'A 27% 27% 27% 27% 2,000 27,700 143/4 19,300 14% *62 143/4 14% 623/4 61% *53 53% 53% 30% 293/4 800 613/4 54 200 30 4,900 29% 30% 29% 96% 96% 96% 96% *961/2 973/e 95'% 96% 170 29 28% 28% 28% 28% 277/8 28% 34,800 17% 17% 17% *17% 17% 17% 17 3/8 17% 173/4 21 20% 20% 20% 207/a 20% 207/8 20% 207/a 3,300 4,900 23 23 23 23 23 23 23 227/a 23 1,200 347/8 347/8 35 % 34% 35% 34% 35 34% 34% 9,500 95 95 95% 953/4 v *83 *94% 56% 66 84 *83 84 95 *94 95 57 57 57 66% 66 66 66 40 40 >/8 40 24 7/8 19% No par *7% 28V2 .3% No par .< *28% 53/4 29 95% 95 J/2 29% *95% 95 96% 95 95 95 95 95% *95 96 94% *85% *851/2 87 *851/2 87 23% 24 86 86i/2 22% 23 23% *53 54% *53 21% 21% 21% 3,300 22% 21 7/8 22% 12,000 42% 42'/8 42'/a 240 14 21% 21% 213% 21% 217/8 14% *42 *90 *106 103 38% 23 34% *99% 107 *98% *96% *107 30% *23% 237% 54% 21% 21% 42% 60 5,200 23 7/b *21 »/4 21% 143/B 237/8 *53 54% 21 *42 237/8 *53 207/8 14% 23% 110 * 54'% 21% 42% 150 95 87 84'/2 54 J/2 A 421/2 *42 143/B 5,500 *81% 82% 95% 973/4 1,520 3,500 601/4 2,100 141/2 14 143/o 82% 823/4 81% 82 943/4 95% 94'A 95% 58 58% 593/4 593/4 593/4 66% 66 66 66% 66 3/B 40 397/8 40 39 40 7,500 23'/a 233/4 23'/8 23% 2,400 143/s 30 % _No par ■ *518 525 14% Mesta Copper 47/8 5 , 377/8 Metropolitan Edison 3.90% pfd—100 4.35% (preferred series i_100 3.85% preferred series—,——100 4.45% , 14 1 Miami 481/4 21% *520 37% 2 2 *4%; 525 *981/2 4 32% Aug 5% *500 7,000 29 % *93 30% 25% 75 '"18% — preferred preferred preferred 525 6% 37% Mergenthaler Linotype Co__.No par Merritt-Chnpnian & Scott 12.50 3.80% 22% 7% 6% 263/a x89 % 90% *7% 98% 36% Jun 14 May 14 6'/a 483/4 22 893/4 98V2 28% Jail 16 *6% 48% 22% ■ 6% 98 27 g 6% 49% *7% - 98 19 108% May 19 7% 7% 6% 90 90% *7% 10,700 96 16%c Inc —. pfd— Machine 90 90 % 7% 99 Apr Oct 90 80 19% 26 26% 14% 39% Sep 101 26% 37% 1 preferred__50 common preferred conv 26% 14% common Stores Co & $3,50 $4 iThe) convertible 5% Mercantile 26'A 38% Mengel Co 14% May 22 26 3/8 14% 31% Aug 19 50% May 21 261/4 38 16 19 26% 200 46 130% 19 19% 38% 27% Feb 30 19 '/a 14 J/b 28% Mar 19 11'/a Dec 19% 24 99% July 28 46 19VH 13% 38% 4 2 19% 23% Mead 86% Jan 26% Jan 19% 40 1 May 20 39% Corp common— No par ■4%% preferred (1st series)—100 Melville Shoe Corp 1 95 13 *45% 130% 130% 10 Inc. *10% 10% 46 1293/4 18 McQuav Norris Mfg Co % F'eb 27 & 10% 46 129% 1 Robbins 14% Sep 11 18 50 McCrory Stores Corp common__50c 3%% convertible preferred—100 24% Jun 22 No par No par Corp common 4 21 14% Jan Per preferred 18% Jan 26% Jan 14 $3 McKesson 29 % Dec 18% Sep No par 25 29 88 No par 43% Jun Apr 24 Aug pfd 26 37% 18% Dec 83'/2 Oct 24 101% Aug 23 11 -/« Dec 21% Sep No par series_No par 1947 McCaii Corp 22% Jan 30 % Feb 16 5 Maytag Co common 54% Sep 14 22% Aug 26 Jan 15 4 14 72% Dec 1 Jun 47 21 'A Mar 25 Dec 20% Sep . 1 1 iil'd 46 : *45 *1271/4 34% 95% *95 34% 22% *53 21% 20% 42% 14% No par $3.75 preferred 12 10% 10'/4 10% 46 1293/4 23 No par common 10% 45% *127% 17% 29% 1 Co., 45% 297/8 100 Martin-Parry Corp Masonlte Corp 10% 129% 96 28% No par ; Co— L) 82% Jun 75 __10 com.. preferred Martin 83 % Jun Mai'11 5 50 Marquette Cement Mfg Co Marshall Field 9% 27 % I43/4 62% 52% l __6.25 ; Midland 4%% 29 .5 Marathon Corp 2 Jan 50 Shirt Manhattan Jan 12'A Jun 10 Co Co 13% Dec 42 22% Sep RR, 1 — Bros 31 *57/» 10 (The)— 15 52% Jun 1 Copper 10 11% Jun 80 4 % Mar 10 22% Jail 4 7 6'/a 48% 22% *500 *4% No par 15 32 499 —100 No par ——..No )>""• 15 Mar 23 2^% ?0_ *'73/'8 Inc com—No par Co 15 552 5 Square Garden Sep 517 100- — preferred series A Madison 15% Sep 21 l0% x45% *129% I9.1/4 Inc., (R H) 4%% 5 common__10 Working Co *24% 14% 137/8 373/4 *981/2 99 1,600 1,900 14 1,100 373/4 99 . 200 30% 30 3/8 30 3/8 4,700 26V4 30% 70,800 30% 30% 30% 30% 24% 25% 247/8 251/2 25 26% 257/a 76% 753/, 90 74I/8 76'/4 811/2 741/8 78 75 18'/b 18 7/s 1,000 18% 19 183/4 18% 19 18% 18% 193/a 19 19 3/8 18% 19% 31,500 19% 19 *90 91% 91% 91% 200 300 30% 19% 91% 107 103 39% 23% 18'/a *90 *106 105'/2 *106 106'/a 103% 103 1031/2 % 39 39 221/2 2 3'/a 22,200 34% 1,200 106 103% *103 103^ 38'/8 39'/4 23% 39 39% 39 39 227/8 22% 223/4 22% 34% *99% 98 J/2 91 107 *1021/4 35 9 9 J/2 91 *106 *103 100 107 J/2 91% 107 *107 98% *96% 34% 100 108% 98% 98% 109 »/2 *107 109% 31'/» 30 30% 22% 34 *99% *107 98% *96% *107 293/4 34 100 108% 34 *991/2 *107 1,440 34 100 108% 341/4 99 % *107. 190 4,600 101 340 108 100 40 98'/2 *98i/2 99 *98I/2 99 98% *961/2 981/2 *96'% 98% 109% 30% *107 29% 109% 29 7/8 *107 283/4 109 293/8 5,100 23 24 The Commercial and Financial Chronicle.. (1344) NEW YORK STOCK RECORD STOCKS Range for Previous Lowest Highest Lowest 55 Ve Sep 223/4 Jun 9 65% Jan 4 9 26% Jan 4 27% Mar A Sep 2a% Dtc 7 21 '/* Oct 46% Jan i4 125 '/* Oct 9 7 Feb 9 139 30 28 Feb 24% Mar 20 Dec "31 19 % Jan 2 53'/2 Feb 27 68% Nov 30 42 Apr 94% Jan 60% Dec 6 8% Jan 55% Jan 18% Nov . 99% Jun 23 9% Jan 4 5 71 % Jan 12 26% Jan 22 21 78 19% May 28 21% Jan 21 24% Aug Feb 15 4 No par Ry Lou Sep 8 8 4 79% Sep 54% Feb 17 5 24% Feb 16 15 40 Jan 22 Dec 31 33% Dec 19% May 13 Jan 5 15% Mar 25 13 15% Sep 11 20% Mar 23 16% Jan 79 17 17% Aug 27 27% Aug 16 Mar 31 5 20% 20% 22% 22% 33% 333/4 34% 20% 20% 20% 21 20% 21%' 20% 453/4 46'/* 453/4 453/4 45% 46 45% 8% 8% 8% 8% -100 pld_10G 20 1.25 75% 76 Vb 74% 753/a 483/4 4 9 Vb 48 48% 47% 22 22 22 22% 22% 15% 15% 153/a 15 3/4 15% 15% —No par 23% 23% 23'/2 233/4 23% 23% 5 87% preferred series A ^Missouri Pac RR 5% conv Mohawk Carpet Mills Mojud Co Monarch i Inc Tool Machine Montana Power Co 31 % Feb 1 Monterey Oil Jan 4 80% Aug 23 15 15% Apr 16" 11% Mar 24 15% Aug 20 Morrell 29 43% Jan 6 30 % Jan 4 45 Motorola 21 31 34% Mar 18 16 % Jun 23 27% Jan 29 1 28 Oct 1 14 27% Mar 16 23 Apr 28 31 Sep 22 18 Sep 15 26% Mar 13 19% Jan 4 12 Jan 5 43 Dec 31 104% May 18 16% Sep 15 42% Aug 26 74 13% Jan 7 18% Sep 15 39% Jun 29 47% Feb 2 Jun 9 18% Jan 11 111% Sep 27% Sep 1 24 Ja 6 n 110% Mar 3 24% Feb 26 106 Feb 25 51 Feb 2 993/4 Jan 2 42% Jan 4 54% Sep 37 4 42% May 27 74% Mar 29 50 15 Sep 28% Mar 24 14% May 19 29 35% Dec 21% Mar 50 * 28 6 92% July 27 493/4 Aug 16 Jan 6,300 36% 37 Vb 35% 36% 35% 353/4 34% 35% 34% 37% 18,600 71 % 72% 71% 713/4 71 7l3/8 >70% 71% 71 71% 31,900 15% 16 153/4 153/4 - 16 15% 12 15% 14% 143/4 14% 143/a 143/4 14% 14'/* 14% 4,300 43% 44 43% 43% 433/a 44 433/4 44% 6,900 Motor Products 10 21% 22 20% 21 20% 22% 21% 22 % 22 22 y8 5,900 Motor Wheel 24% 24% 24% 243/4 25% 25% Corp 5 24% 243/* 243/4 28 4,400 Mueller Brass Co 1 30% 30'/2 28% 30% 28% 28% 28% 28% 28% 29 10,300 Mullins 1 8 233/4 243/4 23 Va 233/a 23% 23% 23% 23% 22% 23 4,700 17% 17% 17 17 16% 16% 16'/* 163/4 16 16 2,200 1 45 45% 44% 45 44% 443/4 443/4 443/4 44% 45 preferred 100 Murray Corp of America com 10 4% preferred 50 Myers (F E) & Bros No par ♦108 1083/4 108 Vb 108% *108% 26% Corp Mfg Corp Munsingwear Inc Murphy Co (G C) common Nashville •108 108% 27% 27 27% 26% 27% ♦53 55 54% 54 «/a *52% 54% 53 53 *52% 41% ♦41 42 •41 41% 41 41% *41 26% Sep 108 87 88% 86 863/4 87 86 86 45 45 Vb 45 45 45 45% 45% 46% 4,500 17 Vb 17% 17 Vb 17% 17'% 17% 17 17'/a 11,200 15% 15% 31% 36% Jan 41% 1 180 179 15% *31 403/4 179 180 *86'/a 16% 16 16% 16 Vb 16'/* 31% 31% 31% 31 31% 1,300 40% 41 40% 41 5,900 180 1793/4 179 180 Register 19y8 Aug 30 National City 5 15% Apr 10% Jan 21 113/4 Jan 4 National Container 2 193/4 Jan 5 Lines Inc Co 90 123/4 12% 4,100 Va 89% 2,100 13 13% 12% 13% 12% 13 123/4 12% 89 98% 89 893/4 89% 89% 89% 89% 89 17% 18 17% 17% 18 13% 19% 18 17% 18 17% 18 3,600 13 20% 13% 13 13% 12% 13'/* 12 3/4 13 8,400 24% 24 24 Vb 23% 24 233/4 23% 3,900 20% 24% 24% 13% 24% 1 8,300 179% 179 10 No par 1 Corp 330 41 100 20% Dec 18% Aug 18 Inc Fibres common— preferred A Can 300 173/4 403/4 f!n Cash 200 45% 31% National > 88% 153/4 National ' 17% 41 5 60 9,800 45 313/4 Aug 16 27 88% 15 Vb 15% May 26% 1 100 303/4 92 27 109% 1 Chatt & St Louis 40 3/4 7% > 42 109 -5 21 3,900 55 ♦41% 4%% 10 Jan 3,100 143/4 44% Automotive 11 15% 14% x43'/a Biscuit Co 57% Jan 15% No par & Co Inc Aviation Corp 24 15% 5,000 3 (John) National 26 25,600 36% National 13% Feb 89% 233/g x36% National 60 % Dec 89% 23 89% 37% 43 % Aug 10 Sep 14 51% July 22 13% Jan 2 1,200 23% 19% Aug 26 34% Aug 11 17 23 Vz 38% 203/4 Jan Apr 23% 37 Vb 9 180 23% 10,800 22 Vb 21 % Mar 172 % Jan 3,200 23% ' 89% 25% Mar 20 14 15'% 48 *22 37% 22 1743/4 Dec 1,600 15% 47 1 23% 15 24 22% 153/4 36% Arm* 14 22% "9.400 23% Airlines Sep 47% 153/a 73% 88% National 1583/4 Jun 46% 22Vb 72% 37 Nn.t.innn.1 Mar 19 47% 22% - 89% 23 38 74 23% 17% Sep 8 7,600 72% 74% 36% 12% May 19% Sep 9 Co 73% 88% 30 7 13% May 11 4,100 8y8 8 23% 8 Jan 62,500 45% Vb 37 36% Mar 25 6 14 21% 45% 8 300 88 y2 15% Jan Oct 11% Sep 16% Sep 34 28 21 45% . 233/4 B No par (The) Moore-McCormack Lines 18% Apr 15 21% Dec 13,400 21% 8 4,200 34% 23% Montana-Dakota Utilities Co 10% Sep 21% Sep 8% 21 22% 33% No par Montgomery Ward & Co 2 8 ' *20 Vb *22'% ; 37 Co Monsanto 25% Sep 14 38% July 26 49% Jun 3 23% Aug 20% 1 Chemical 97% May 12 4 Dec *72% 20% 22% 33% 4 July 15 11 73% 20% Jan 16% Aug 23 11% *<72% 22% 79% Mar 29 4 170 ill 11% 73 34% 19 12% Jan 9,100 10% 72% 23% 31% Jan 15 100 11 Vb 73'/2 11% 733/4 103 * T/o 29% Dec i % 73 102% 20% 32% Mar 26 56 1033/4 104 33% 28% Mar 11 11 5,700 1033/4 ♦103 104 104 22% 95% Jan 65% Mar 19 4,700 71% *20% 10 40% Dec 5,700 91% 71% 20% 14 17 13% 91 72 Va 23% 15 18 123/4 913/4 34% Sep 53% Sep 11% Sep 12% 91 34 Vb 17% Sep 29% Nov 12% 713/4 92% 73% 23% 25% Jun 20 3,100 1 5 10 Light Mississippi River Fuel Corp 10 22% No par & Missouri-Kan-Tex 4 22% RR com—No par Power 1 Mar 17 22% *102% 5 % Jan 22 Vb 12% 21% Oct 4 22% 12% 72% 46% Aug 61 22% 91% 37 6% Mar 12 22% 123/4 Corp Mission Development Co 240 2,300 733/* Mission 5,700 29 Vb 92% 11 38 % 134 29% 12% 11% 37 133 29% 73 733/4 38 134 134 18,700 616,200 32 29 92% 15% July 19 70% Aug 6 58% Jan 23 22% 11 363/4 38% 135 6,400 31 7 A 29% 12% 23% Mar 25 31 22% 733/4 A " 29% 29% 104 30% 32 Shares 94% 92% 31% the Week 29% 74% 41% Mar 17 15 •134 92% 34% Mar 25 Dec 37% 39% 134% 12 Vb 10 57% Sep 33% Sep 383/4 29 73 Minnesota 5 34% Mar 30 4 % 134% 134 94 31 31% A 92% 14 Jan 31% No par 27% Jan _ 15% Sep 34 Vz Jun 22% $4 22 21 28 '/a 93% 94 32 A preferred No par Minneapolis-Moline Co common 1 $5.50 1st preferred 100 $1.50 2nd conv preferred 25 22 Apr 133% 93% 94% 31'/* 31 39% —100 -10 Minn St Paul & S S Marie 105% Aug 5 11% Jan 21 5 & St Oct. 1 '/* 39 common——5 Corp Sept. 30 Minneapolis-Honeywell Reg 1.50 Minn Min & Mfg common—No par 29 74% Sep 26 May Jan 88 19% Nov Aug 5 14% Aug 18 4 Oil Minneap 25 11 Jan Midwest 27 Prod Friday Sept. 29 94'/a 31'/* — Steel 1st preferred 8% 30% _10 Inc— Sales for Thursday Sept. 28 95% 22 Utilities SALE PRICES HIGH Wednesday Sept. 27 94 -10 Petroleum South Rights * 29% Sep 21 102 Midland Middle 27 *■'•« 8 21% Dec Oct 24% Oct 4 29 19% Jan 8% Dec €9 3 Jan 104 21 % Jan 67 Mid-Continent 6 126% Jan 20% Jun _8% 96% Sep 24 32% July 9 afj Sep 23 39 % Sep 31 66% Dec 22 Par AND Tuesday Monday EXCHANGE Highest Continued—Pi|« I LOW STOCK YORK NEW Range Since Jan. 1 i ear 1953 .Monday, October 4, 1954 20% 20% 20% 20'A 20% 20% 20% 7,300 15 Sep 21 19% Mar 27 18 14% Aug 10 26V8 Aug 2 21% July 27 373/4 Aug 30 413/4 Aug 17 National Dairy 12 Dec 29 153/4 Jan 8 12y8 Jan 15% Sep 27 National Department Stores 5 15% 15% 15% 153/4 15% 153/4 15% 15% 151/4 15'/* 16% Sep 22 23% Jan 6 21 % Sep 23 National Distillers 5 213/a 21% 21% 21% 20% 213/8 20% 21% 203/4 21 84 Dec 29 99% Jan 5 16% May 87 Va Jan 98% Oct 1 100 963/4 963/4 97 97 973/8 '97% 97% 98 98 98% 3,900 37% Sep 85% Dec 35% 21,800 15 29% Apr 155% Jun 19 15 , Aug 31 1 17% Feb 37% Aug 5 93 % Jan 1043/4 Sep 28 55% Aug 180% May Nov 6 24 383/4 Dec 31 38 Jan 3 173% Nov 4 172 Jan Nov 4 141% Jan 9% Dec 29 8% Feb Apr 15 7 Feb 9 146 154 $4.50 Sep May 24 31 373/8 Mar 19 21 323/4 Jan 6 20 July 30 26% Jan 11 25 25% Sep 40% Sep 14 52% Jan 5 46 25% Oct 20 30% Jan 12 223/« Sep 86% Sep 21 31% Jan 5 56% July 22 31% Sep 10 38% Sep 10 25 01 Nov 263/4 Jan 6 Sep 14 116% May 20 73/4 Apr 1 12% Jan 12 4% Dec 28 73/4 Mar 10% Jun 10 4% Jan 10 2 13% Jan 105 5 Jan 4 114 100 Jan Aug 4 17 10% Sep 15 12 11% Apr 8 6 4% Jan 4 13% Feb 26 11% Jan 4 163/4 Apr 8 14 Jan 8 Mar 25 105 Jan 1 106 31% Mar 8 39 July 22 86 • 97 May 11 94 31% Jun 9 38 85% Jun 30 12% Jun 11 93% Apr 2 14% Mar 30 85 18 92% Jan Feb 6 6 37% Aug 31 10% Sep 15 56 64 72% Mar 23 34 Jan 13 National 133/4 Jan 4 ill Sep ' Feb 30 Nehi *153% 154 154 154 155 154 154 England 51% *30% */"•/ 31 35% *98% 30% 35% 36 99 f 5 34% 34% 34% 135% *98% 135% 1 9% 11% 343/4 ' *98'/* 1 Sep 20 i Jersey 4 41 % Sep Newport News Ship & Dry Dock 25% Jan 18% Jan 11 30 21% Aug 26 Feb common 4%% preferred 100 5 New York Air 15 New York Central 1 5 Brake No par 40% *14% 105 *36% V: — 93'/* 16 — - *95 V2 ♦95'% 100 59% 593/4 *76 41 Va 40 30% 400 34% 7,300 59'% 16% 16% *76 77»/2 7 98'/* 12% 14'/* 14'/* 14% 63/4 3,300 • 14'/* 1,300 3,000 123* 123/4 1,400 14'/* 36% 36 10 36 93% 93'/* 93'/* *93 94 16 vb 16 16'/* 3*2 ♦951/2 16'/* 163/8 *76 77 < 15% % . 16 8Q 28,300 y« 3*2 *95% 500 . 216,300 100 56 58 34 3,300 16'/* 16% 16 % 2,000 77 58 3/* 59% / 100 1,000 107 36'/* — 19,900 11'% 37 100 100 ' 7 . ♦105 107 *105 105 10 % 9'/* 113/s ' 1,900 34 9 9% 7 1,600 137 *130 11 va 12% 98 33% 34'/* 6% 12% *98 139 11'/* - 34% 34% 9 9% 14% 16% 77'% *76 *30% 31 98'/4 11% 12% 16% 16% 10,70(1 34% 35 Vb :99 9% 6% 12% — 16% 5 29 16 Vb 100 60va Newport Industries 183/4 Dec 153/4 16% 173/4 Aug 25 77% Sep 8 26 *94 *95% 59% 62 12 4 36% 94 800 51% *30% 31 11% 95 363/4 34'/* 50% 34 37 94 23 Vb 333/, 51% •134 107 * 10 40% Jan. 14 29 14 Va 223/4 35 503/4 34% 7 *105 *36 —_l pM—100 20 Jan * 14 3/8 22% ♦34 139 y. 9% 12% 12% 10% 34 11% 7 M1 ■ Pr & Lt Co 4* Jan May 11 • 107 ♦105 1 Newmont Mining Corp Rights 143/„ _1 6% Jan 4 12% 7 10% *134 34% 139 9% 11% 6% 35% 99 11% 93/4 1 •135 30% 10% 22% 35 51 *30% 40 50 10 3/4 23 34% Electric System New *154 10% -.103/4 23% 233/4 10% 22% Newberry Co (J J) common—No par 3 3/*% preferred —100 New , 10% 103/4 23% 100 30 18% Jan 77 77 59'/* 60 41 40 40% 38% 39% 39 39% 4,000 20% 20 20'/* 20 20'/s 20 Vb 20% 5,500 20y. ' 20% 20»/8 19% 20>/8 19'/* 19% 37% 38 37% 38 19 19% 19 19% 19 20 72,000 37% 37% 37% 373/* 373/4 38 Va 12,700 New York Chic & St Louis Co- Sep 14 IOI3/4 jnn 10 May 1 59% Oct 13 80 11 Sep May 5 48% Jan 5 109% Mar 9 32% Apr 21 106% Jan 17% July 13 63 6 15% Mar 70 Jan 20 92 Feb 9 520 Jan 8 39% Aug 23 112% Sep 23 Common 1 6% 75% Sep 30 73% 73 y2 73% 73 % 85% Jan 14 93 Sep 30 6 515 Jun 28 N 16 34 Feb 18 22 Mar 23 65% Feb 5 51 7 33% Aug 11 67% Sep 8 2 25% Aug 12 • Apr 14% Apr 37% Mar 23 35% Apr 92 Jan 22 91 Jun 7 24% Jun 28% Feb 2 27% Jan 4 803/4 Nov 10 82% Jan 25 Apr 79 Jun 22 87 V2 Jan 87 Jun 29 94 28 28 Y & Harlem RR Co N Y " 44 Aug 20 97 Sep 30 323/4 July 30 87 Mar 24 New Haven Preferred 5% New York & Hartford CO-100 series A Jan" Common 1 3.40% 100 *99'/* 100 104 104 104 Aug 17 & 15 Jan 8 87 J3%J'an Y 81 Jun 4 8 16% Aug 18 6 6 453/4 Sep Apr 24 19 12*aJun Is 8% Dec 29 14% Dec 87 101 18 133/4 Jan 85 Jan 4 99 Jan 12 9 26»/2 500 253/4 25% 25% 25y8 14,100 44 45% 44% 45'% 5,800 143/4 jan 19% Mar 12 12 May 18 97% Jun 12 9 393/4 Feb 2 2 38% Jan Jan 2 1023^ jan 4 93 % Jan 27 92Va Jan 5 106'/* Feb 25 106'/4 Jan 0 106 100 100 4 21 July 29 29% Sep 4^% Aug 16 109Va Sep 99 22 Aug 110% Jan 4.6% 5 series 108% *108'/8 108% *108'/a 108% 108'% 108 y2 90 563/8 56 % 56% 563/4 x55 '/* 55'/a 57 V* 18,000 16'/* 12,100 573/4 Xl63/8 16% 16y8 92 102 *101 102 102 *99% 102 0ov2 56 87 1,400 130 9,,100 * 16 *91'/* ►101 16'/* 92 102 101 % 1021/4 101% 101% 16 92 102'/* '101 92 102% 220 230 101 % 140 45 43 % 44i/2 43% 44% 43% 44% 10,900 10 113/4 12% 11% 11% 11% 113/4 11 % ll3/* 11% 11% 4,600 20 20 va *19% 20 20 20 20 20 Vb 20 20 1,600 26% 29 29 >/2 291/4 29% 29% 29% 29% 29% 5,600 29 44% 109V4 88% 98% 29 4.56% preferred 100 *108% 109% *108% 4.44% preferred 100 *107% 109% *107% % 66% 66% 18 4 69 16% Sep 26% Jan 4 1 32% July 26 Oklahoma Gas & Elec Co 18% Jan 20 20% Aug 21% Jun 9 4% preferred Oklahoma Natural 2 16'/* 91 102 90% 44 Vb 23% May 24 16 Va 16% 92 102 x90% xl02 109 '/* 54 Vb Jan 12 Co _No par 10 com ' Gas 20 __7.50 66 313/4 *20 21% 44% *109 Va *98 44% 44 4^ % 44 44% 44 44'/* 9,100 110% 109'/* 109% 109% 109% 109'/* 109'/* 80 98% 98 Vb 98'/a 98% 98% 98% 98% 420 109% *108% 109 % *108% 109% 108% 109% *107% 109 Va *107% 109'/4 *107 V2 109'/* 653/4 66'/2 65 Vb 65% 65% 65% 8,100 2,800 67 103- 60 31% 21% 31% 31% 31% 31% 31% 20% 20 20 19% 19% *19% 20'/* *193/4 20 Va 200 22 213/4 21% 21% 21% 21 3/4 213/4 21% 21% 1,600 49'/* 22,800 113% 1,700 32 32 dOlin Mathieson Chemical Corp— 42 Va Dec 30 38 Feb 16 110 va Jan 503/4 Sep 22 Common 5 104 Jan 5 1133/4 Sep 27 Conv preference 108% 109 100 104% Jun oae* 45 3/8 100 6 «#»♦> 45 Va *85 44% common 9 footriota' 45% preferred 57% Aug For 86 45% preferred 28 ^ 13% 85% 45% 3.90% I043/4 Dec 34 % Aug 28 98'/* Jun 30 13'A 85% 45'/« 45% 2.50 10 24 13% *84 % 433/4 common 10 19 Va Dec 13'/2 85% 45% 13% *99% preferred Oil 13% 133/4 85% 44% 4.40% Ohio 13% 13% 85'/2 6 7 *26 25 Inc 49% Jun May '/* 44% 27 108% Aug 30 26% *26 1 23% Jun Mar 23 26% 100 Inc Norwich Pharmacal Co Ohio Edison Co *26 (Minn)— series 11 24 % Jan\l3 25 % Apr 10 Co series Airlines 6,100 453/4 preferred Northwest 42 3* 25% preferred 24 42 Vb 44% $4.10 12% Sep 42% 253/4 $3.60 11 42 y* 463/4 Common 7% Jan 42% 26 95 13 42% 26% 16% Aug 25 Aircraft 42% 453/4 563A preferred 42% 26 No par Northrop 1,100 25% *108'% 19 24'/* 46% 100 Gas preferred— Northern Pacific Ry 50% Aug 24'/* 26 5'/2% 11 24% 26 23 16% Jan 18% Mar 17 24 va 45 Vb 13% 4.08% 24 25% *84'% 43% 2 270 24 26 1 Mar 25 190 24 *233/* 1 10 4 100 104 24 50 18 30 Jun 64% Mar 93% 100 43% Northern 7 100% July 18 943/a Jun Feb 100 42% Northeast Capital Corp Northern Central Ry Co 103% Apr 101% Aug 16% Dec 83 4 Mar 19 18% Sep 34 Va Jun 111 *92 3/* '103% 23% Aviation Natural 933/4 25 29 Mar 23 *923/4 200 10 Adjustment preferred Northern States Pwr Co. Jan, 14',Win 89 Sep 933/4 87 25 Ry common 14 49 933/4 *86'/* 2,400 2 Western American 893/4 Jun 87 99 va American Co 2 87 *103'/2 North 53% July 87 104 North 5 12,800 *103 9 Jan 50 313/» 104 19 84 96'/* 31 103% 23 16 96'/* 100 26 Vb Sep 14 42 97 31% preferred 24 26% Apr Sep 41% 97 41% 4.10% Sep 4 11% Jun 933/4 2,400 31 vb 104 12 1073/4 Mar 31 *86'/* 87 *923/4 42% 7,500 27,500 31% 99 86 70 300 98'/a 99 14 4 *86% 933/4 31'/* 100 Jan) 107% Nov 19% *99 Jacf 6 61 18% *923/4 20 103% Oct 27% 60% 19y8 100 20 Apr 27'/* 60»/2 100 23% Mar 24 38 273/4 100 22% Dec 21 2 86 *96 94 18 3/4 preferred 19 10 { preferred preferred 15 Jan 42% 42% - 450 60'/* 60% 413/a *90 •400 27 vb 28 19'/* 93 475 . ' 3.60% Norfolk 4634 Jan 93 *400 , 3.90% 45 24 94 475 29 9334 Sep Jun July 74% 100 % Mar 30 15% Sep Sep 74% *93 96 % Nopco Chemical Co 34 % Sep 75'/* *400 313/4 24% Aug 20 24 Va Jan 75% 18% 313/a 6 16 4,000 75'/2 273/4 96 '/a 173/4 jan 26 25% 60% 42% 26 4 25% 112 " 20 96% 25 39% Jan 1,500 25% 28% 42% Jun 39 111% 25% 112 •62 % 31% 7 53 Vb Jan 19 % 31% 5 12 61% 20% 20 28 63 423/4 Jan 23 29% 29 *62% *953/4 Jan 22% Jun 92 450 100 preferred 92 393/4 Dec 913/4 *400 No par $3.75 86 203/4 450 Niagara Mhk Pwr Corp com_No par 8 15 913/4 *90 *400 *72 111% 253/4 112 Electric & Gas Corp— 13 Sep Jan 100 Shipbuilding Corp Y State 100 V2 Nov 50 25% " N 31% Sep 21 80 % Jun 11 112 ; 25% New York Dock common_____No par $5 non-cum preferred_____No par Apr 112 25% 20 348 112 1 253/4 Jan ! 111% 111 - 24% 29 75 preferred series A 100 City Omnibus CorpJNo par . New York 19% Jun 10 20 25% Aug 30 9 493/4 Dec 100 154 35 common 30 25% Jan 78 54% 179 Va 51% 4%% preferred 25 Apr 67% Jan 52 543/a 179 Va 23'/a j y8 Sep 30 8 54% 179'/* _100 Pnrp Nelsner Bros Inc 2 Feb 16'4 July 22 23 % Mar 17 83 54'/4 179'A _No par 100 17 19 54% 1793/4 ,35 Inc 190 10,800 54% 54% *51 preferred 4,800 104% 1793/4 54% 35% Vulcgnlzed Fibre Co 35% *104 180 10% .10 100 36% 1043/* 10,900 24,300 *179% 54% 52% common 11 233/4 Sep 17% Sep 16 *153% No par Natomas Co Mar 29 15% Aug 30 400 Co National Theatres 8% July 26 Dec 14 3'e ' 35% 104% 35% 105 39'/2 179 179 '' 106 30 Tea conv 35% *1043/4 513/4 __ 4.20% 353/4 1043/4 39 39% 39 vb 39% x35% Supply (The) Pa com 4%% preferred National 39% 10 National 9 35 104% 39% No par Corp. Corp National Sugar Ref Co. 6% Feb 27 8 Sep 100 100 National Steel 36% July 30 142 7 35 543/8 _5 common preferred B National Shares 24 10% Jan Jan Jun 4* 4 28% Jan 293/i May 20 21 4 24% Jan 90 24 24% Jan 1043/4 Jan 36% Sep Co 6% '20% Dec 4 Lead 39 Vb 104% 343/4 .104% National Linen Service Corp 1 Natl Malleable & Steel Cast No par May 21 Jan 1 No par preferred A 29 11 common 39% 39% 5 Gypsum Co common 7% 5 1 Products new Prod V " preferred National 4 15 25 pfd series of 1951 National 20 Va Jan 96 common preferred National Cylinder Gas Co_ conv 4%% 22% May 26 132 $1.25 , 5 1951 series 48% 49% 48% 49 Vb 48% 48% 48 Vb 48% 100 1133/4 1133/4 113'/* 1133/4 112% 113% lll3/4 112% 48% 113 j Number 5365 Volume 180 CMtiniMd—Pag« • NEW YORK STOCK RECORD 4 92% Sep 14% Feb 1 71% Sep 23 95% Jan 9 4 15% Dec 28 14% Jan 26 17% Aug 31 46% Dec 21 44% Jan Jan 6 9% Mar Jan 23 27% Sep 62 11 11% Feb 17 16% Oct 15 Sep 18 55% Dec 21 50 2~ 79% Oct 38 83 16 81 Marl3 11% Jun 18 16 Dec Oct 28 88 7% Oct 6 84% Dec 21 48 55% Jun 16 73% Mar 26 ' 16% Jan Oct 15 57% Mar 35% Jun 16 30% Feb 84% Jun 10 46 Overland 74% July 16 Owens-Illinois 22% Aug 13 Pabco Jan 7 7% Jan 11 28 Sep 22 43% Aug 12 2 20 Pacific 25 110% Sep 22 25 142% Jan 4% Sep 15 8% Jan Pacific 46 July 12 Pacific 13 140 Aug 24 Pacific Telep,& 3 4 137% Jan 22 28 4 20 8% Apr 16 3% Dec 14 1 May 13 1 8% Apr Jan 7 21% May 7 30% Jun 22 37% Jan Paramount Park & Tilford Distillers Corp July 30 Parke 29 Davis Rust Proof 10 16 99% Jan 30 35% Jan 15 45% Aug 19 Parker 15 8% Jan B 6% Feb 17 11% Sep 7 Parmelee 3% Mar 12 7% Feb 23 8 Jan 18 22 Jan 7 4% July 2% Apr 26 Co 12% Jan 44% Aug 11 38% July 29 Peninsular Telep common 23 Feb 10 25% Jun 24 $1 preferred 27% Aug 10 21% Aug 10 29% Dec 14 29% Mar $1.32 36% Aug 27 29% Nov 30 85% Mar 19 81% Dec 37% Sep 15 30% Nov 2 °27% July 20 30% Sep 14 10 41% Dec Jun Jun 2 10 86% Mar 18 Penna 8 45% Aug 26 Penn 18 29 52% Jan 23 22% May 27 Sep 107 38% Sep 11 Sep 15 Sep 14 127 38 10% Jan 134% Jan *37 % *25 *28% *28Y2 38 25% 28% 28 A 87% 6 Sep 21 Penn-Texas 27 169 Sep 21 Pepsi-Cola Aug 19 Pet Milk Co common 30 101% Feb 9 108 Aug 27 8 18% Jan 4 26% Sep 24 preferred Petroleum Corp of America Aug 30 30% Jun 20 15% Jan 11 Pfeiffer Brewing Co Feb 11 Pfizer 19% Mar 25 9 88 2 100% Jun 29 4 44% Sep 39% May 26 39% Sep 21 43% Feb 0 16 82% Jan 19 32% Jan 4 25% Mar 17 23% Jan 11 26 % Jun 3 5 114 % Sep 29 102 Sep 24 Jan 5 106 Jan 2 94 Feb 26 103 Jan 11 107% Sep 12 107 Jan 11 110 3 11 1 111 86 Jun 24 99 96% Jun 10 ? 108 7 Sep 6 28 Feb 17 37% Juiy 19 Phllco 83 Jan 7 95 2 44% Jan 6 95 8 36% Jan 80 88 Nov 29 55 Mar 13 88% Dec 29 101 Jan May 34% July 23 Jun 83 Aug 5 5 Pillsbury Mills Inc common Sep 27 Apr Dec 30 98% Jan 82% July 20 90 Jan 11 27 29 Dec 23 29 98 Jan 29 93% Feb 5 45% Aug 97% Apr 3 1 48% Sep 15 69% Mar 25 53% Jan 4 67% May 27 10 Dec 30 19 32 Sep 21 95 . May 18 July 22 9 16 10% July 15 Jan 12 37% Jan 14 35 Jan 2 100 101 July 104 9 22% Mar 27 Jan 11 32 Oct 23 22% Jan 94 Feb 76% Dec 29 97 Jan 7 41% Sep 15 11 15 Sep 90 % Sep 4 85 Apr 19 158 Sep 169 Mar 52 Jun Sep 3 165 Feb 6 58% Mar 16 Sep 11 18 Pittsburgh Forglngs Co Apr 153% Jun 44 Pitts Consolidation Aug 12 160 148% Apr 21 15 5 62 % Sep 24 7% Aug 5 6% Dec 31 9% Feb 26 6% Jan 12% Sep 15 21% Jan 5 12% Jan 18% May 27 60% Jan 72 60 Sep 21 69% Dec 31 17% Sep 15 73% Feb 75 27 Mar 20 25% Mar 18 Jan 9 18 Sep 14 Apr 27 31% Jan 2 66 Sep 14 98 146 150 62% Jan 11 19% Jan 5 146 2 74% Aug 2 14 23 % May Aug 26 Sep 14 14 13% Oct 1 30% Sep 18% Jan 120 89 Ve Jan 14 Aug 150 Jun July 30 Coal Co Aug 17 18 July 155 Inc St L RR 60 11% Jan 16% Mar 18 162 10% Feb Pitts Ft Wayne & guaranteed Pittsburgh Plate Glass 10% Sep 15 12% Jan 23% Sep S47/s Apr 2 24 Jan 29% Sep 23 46% Feb 3 22 May 35 Jan 29 Pond 19 Aug 5 27 21 16 25 Poor 5 5 Plough Inc Plymouth Oil Co 30% Dec 14 23 13% Oct 13 Jun 8 16 7% Sep 15 34% Jan 8 29 14% Jan 19% Mar 23 16% Jan 17% Jan 11% May 7 19% Aug 11% Sep 7% May 7 34 69% July 1 9% Dec 31 18 68 Feb 15% Jan 76% Dec 82% Jan 38% Sep May 71% Dec 29 *,$9 May 17 96% Aug 20 9% Mar 31 11% Aug 5 5 72% Mar 16 80 Jan 20 43 % Aug 5 11 33% Jan 29% Jun 18 37% Dec 29 35% Jan 43 73 Jun 23 84% Nov 5 82% Jan 92% Mar 92 Jun 3 26 Jan 5 25% Jan 24% Jun~22 27% Jan~20 25% Jan 29% Aug 17 24 25% Jan 31% Aug 12 36% Jun 5 35% Dec 25 9 24% Jun 4 92 Jun 35% 8ep~li" 27% Feb Jan 6 43% Jan 20 64% Jan 2 102 14 Mar 19 Sep 103% Apr July 20 104 3 Sep 3 6 15 4 57% Sep 23 47 Jan 4 Sep 7 24 110% Jan 29 Jan 4 33% July IS Jan 5 155% Apr 21 7 109% Mar 4 39% Aug 31 30% Mar 6 28 Jun Aug 10 40% Jan 107 103 27 25% Sep 97% Jun 102 42% Sep 18 143 65 Ve Sep 131% Jun 17 146% Feb 3 $0% Sep IB 35% Jan 3 21% Jan 15 25% Sep 22 31 Nov 19 29% Jan V 22% Jan 11 35 68 Jun 1$ 79 Jan 3 76 3% Oct 15 4% Jan $%8ep 15 6% Dec Jan 4 6 2V» Jan 28 4 4% Mar 9 Feb 38 66 $5% Dec 30 47% Mar 25 $6 Nov 90% Jan 37 Jan 1 Aug 12 85% Oct 7 July 9% Sep 1 6 15 1 1 Chic Ry com__100 preferred .100 Co 10 Pittsburgh Screw & Bolt-—No par Pittsburgh Steel Co com No par 6% preferred class A 100 5%% 1st series prior pfd 100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Pittston Co (The) common 1 5%% conv preferred -100 7% Creek & Co Potomac Pocahontas— 26 Electric Power Co 4.16% 40% 1 64% 31% *110 19% *89% *84 17% 19 11 92 10% 76% 39"% 40% *26 *25% 28% 30% *102% *104 , 56% 64% 45% Apr 27 Raybestos-Manhattan 57 65 31% *153% 156 ' / 25 % 25'% 6% 8% *97 pfd 91 26% 25% 28% 30% 104 104% 108% 108% 30% 42% 3,800 21 20% 21% 13,800 63% *52% 31% 31 5/8 313A, 44% 44% 44% 44% r4 53/s 9% *9 5% 5% 33 Ve 2% 153/a . ♦103 103 103 33 %. 85% 6% 8% 98 43 A 18,400 100 9 59,40 3 15% 47,030 74'A 4,700 15 73% 743/4 74 743/4 74 74% 104 8,400 v 343/a 1. 153/8 15 230 53/a 5 *8% 23A 2% 153/4 890 35,000 148 33% ' 9 9 23/4 15% 151/2 74 ♦103 5,403 12,100 —— 34% 2% 2% 35% 5% 333/4 9% 9,700 42% *147% 148 33% ♦9 - / 130'/a 43/8 iff 40 2,500 42 130% ♦147 30 54 35%' 42 41% . 130 36 35% 130 130 4ft 5% 631/2 270 53 Vt 1471/2 34 39% 643/4 4% 5 *38i/2 700 10% 31% 146'/a 33% 10 93% 10 3A 39 /fr 4 *93 10% *38% 147% 41/4 *146% ' 94% v 53% 41J/2 403/4 130 2,700 933/4 *63% 36% 36 36% 41% 130 % 50 102 102 104 V/e 71/4 7% 7% 8,000 34% 34"% 34% 345/8 9,100 7% 7% 7% 7% 34% 353/a 343/4 35 *31% 32% 32% 32% 34% 34% 34% 34% 34 34% 333/4 34'A 9,900 43% 441/2 441/2 44% 1,300 43% *42% ♦10% 10% 10% 101% 30 IO1/4 4% 4% 4% 4% 4 41/4 3% 3% 3% 4 4 11% 11% *11% 12 11% 12 41% 423/s 413/4 42 41'/2 41% 38 373/4 38 38 38 43 *37% ♦24% 25% *243/8 *28% 28% 28% 283/4 *28% 53 53% 106% 45 109 109 107 107 ♦107 17% 46% 46% 19% 19% 34 34 *45% 41% 108 107 107 17 16% 17 46 46 3% 45% 33% 14 I66I/2 62 14% 61% 107 106 % 1061/2 26 25% 25 % 108 25% *25% 26 25% 34% 9% 9% 10 9% 36 »/4 34i% 34 35% 105% 1053/4 700 62 •1061/2 63 26 37,200 14% 14% i 400 1071/4 ♦62 107 'A 10y8 600 1,703 r\ 47 45% 47 14 63 9% 15,900 166 y2 141/4 62 4,900 333A 167'% ♦45 143/a 40,700 19% 341/4 166 % 47 • ! 453A ♦33% 34 1671% 35% 17% 19% .: 20 108 < 45 19'% 19'A 19% 19% 167 650 1093A 17 46 Ve — 5,600 45 ♦107 f'< 163/4 400 411% 106'% 109 111 *45 47 44% 2,100 443A 110 V; . ' 80 1,000 4,400 93/4 9% 18,500 34 32% 105 »/2 106 — — 2,400 •105% - 45 109% 34 167% 42% 20 533/4 *53 106 'A 443% 44% 44% 108% 17 ♦41% ♦1051% 42 42 — — " 87 86'A 873/4 533/4 167 *281/2 283/4 87% *105% 400 'mm 29 '28% 53% 43 1,000 ♦28'A 88 106% 3,600 %; 28% ^ 53% 53% 38 25% 88 *42 *105% 12 *24% ♦28 y2 283% 2,400 42 38 25% 88% % 12 42 ' •28 y* 28'% 88 3,400 3% 3% I 900 ' 4 4 ♦24% 25 5% *28% 9% 93/4 1 4 100 33 *31% 33 ♦31% 43% 106'% 710 *105% 106 % 105% 42% 43% 421% 43 42% 43i/a 42'A 43'A 16,200 38 383% 38 38% 38 38% 7,900 * 38% 383/a 1,600 25% 25 3/4 25% 253A 25% *113% 1143/4 114% 114% 114% 114% •114'A *100% 102% *101% 102 3% ♦101% 102% 101% 101% *106 1063/4 1063/4 1063% 1071% 107% ♦IO71/2 108'% *108% 109 *108% 109 108% 108'A ♦108'A 10% 11 10% 26 26 26 115 ' 109 10 10% 10 3A 11 19,200 333/a 33% 33 33% 93 93 93% 93% 40 39% 39% 39% 39% *90% 92% *90i/4 92% *90'A 92% *87% 88% *87% 88V4 *87% 88'A *7% 41% 42% 99 94 94 39% 39% 40% *391/2 40% *96 99 63% 64% 62% 633/a *12% 13% *1234 13% 12% 12% 97 42% 42% 42 % 42% 42% 103% *101% 103% *101'A 103% 104 31% 313/4 *31% 31% 31% *110 125 v 32 19% 18% 19'% *89% 91 % *89% 84% 843/4 *84 59% 59% 59 14% *155% *160% 61 7 14% 163 61% 1 17% 17% 683/4 68% 20% 20% *115 2D % 20i% 29 117 28% 28% 116 *113 61 10,500 7 4,000 17% 17% 3,200 20 Ve 70% 30 72% 72% 300 72% 20% 20'A ♦149 271/4 28% 27% 173/a ♦69% 72'A *149 *149 *149 28% 72% *72 30 603A 6% 70 ♦68% ■ 158'% 162 7 17% 17% 68% 14% *156 162 61% 6% 17% 723/4 2,300 163 61 68% 72% 14% 158'% *160% 7 7 1,800 ♦156 62 6% 61% 100 59 14% 14% 143% 4,000 59 59% 163 19% 91% *59 1581% 600 86 86 59% 14%. 32 125 *89% *84 *160% 70 32 *84 86 ♦156 3,700 91% ' 158 100 42% 104 185/8 19 18% 91% —— — ♦110 125 ♦110 125 *110 19% *89% - 20,500 13 42% 42% — 100 50 "63 3% 62'A *12 *101% — 41 *96 64 3/8 t't 12,800 87% *39% 63% 6,300 « 92'% *91 99 40% *96 20 333/8 94 . 100 .. 10% 34% *96 50 s 33% *93 33% ' 10% X39% 205/a — 1,100 — 275/a 3,900 • *110 116 *113 113 60 13% 13% 13% 13% 13% 13-% 135/8 13% 1,400 28% 28 3/8 28% 28 28% 27% 28i/4 4,300 28% 323/4 32% 32% 32% 32% 32% 32% 2,000 32% 17% 18 17% 173% 17% 17% 175/8 17% 19 19 19 19 19 'A 2,900 10% 10 3/4 10% 13,100 38% 38% 38% 300 1,500 18% 19 19 10% 11% 10% 11 38% 37% 37% 92'% 92% 933% 92% 933A 92% 93% 6,600 10% 10% 10% 10'A 103% 9,100 10% 103/8 77 76'A 76% 76'A 77 39% 39i/8 39% 39i/8 393/a 2,700 40'% 39% 40 39% 39% 4,200 *37% 38% 91 10% 76% 39% 39% *90 1 1 100 Nonar Corp RKO Theatres Corp 4 45 18 19 11% *37% 33Ve 85'A 12 44% 91% 86 *160% 162 61 62 6% 7 17% 17% 69 69 *72 73 20% 20% *149 28% 29% 116 116 13% 13% 28% 29% 32 32% America com_No par $3.50 1st preferred No par Radio Corp of 31% 125 19% 59% 59 % 14% I47/8 *153 158 com Quaker Oats Co (The) com 6 6% preferred 100 Quaker State Oil Refining Corp—10 Pictures 45 64% 13% 42% 42% 103%: 104 *12% 25 preferred Ralston Purina Co 3Ye% 31% 44% 92% 88% 44 99 *96 10 No pal $1.40 div preference com__No pal 4.08% preferred 100 4.18% preferred 100 Pullman Inc No par Pure Oil (The) common No par 5% conv preferred 100 RKO 31% 32 40% *90% *87% *42 Gamble 99% Mar 26 55 313/4 41% 67 93 107 10,/« 36%. 36% 105% 106% 42% 43% 38 % 38 A 25 /4 26 /4 *113% 114 /4 *100% 102% *106 106 /4 *108% 109 10% 10% 33% 34 /a 93 93 Inc com (Del)_l Pub Serv El & Gas 641/2 54 10„ conv & 64% 55 26 preferred series A—50 No par Publicker Industries Inc com——5 $4.75 cum preferred No par Public Serv Co of Colorado 10 Public Serv Co of Indiana—No par 3 % % preferred 100 4.32% preferred 25 4%% Procter 64 % *53% 197 No par class B Pressed Steel Car Co *63 ' 62 107 Pitts Coke & Chem Co 21 42% Mar 3 59% Feb 6 77% Jan 17 Dec Jan 80 24 77 & 381% 63 25 100 com„No par $5 convertible preferred—No par $4.80 preferred (conv) No par C C 381/4 36% 900 67 93% 10% 14 Ve 63 No par 2 preferred Pitney-Bowes 1 Pitts 6 29% Jan $4 Mar""5 106% May 22 19 2 17% Jun 21 6 106% May 22 18% Dec 29 common 1 3 47% Aug 23 Mar Corp 100 100 100 preferred series A 100 Philip Morris <fc Co Ltd common—5 4% preferred 100 3.9% series preferred —100 Phillips Jones Corp com No par 5% preferred 100 Phillips Petroleum No par Phoenix Hosiery 5 92% Jun 5 No par 100 3%% July 13 18% Jan 87 100 preferred 3.8% preferred 4.3% preferred 4.68% preferred Phlla & Reading Coal & Iron 27 26% Nov 27 Apr 28 May 28 7% May 8 18% Jan 8% Sep 21 Jan (conv) 4.4% 5 10 Jun 100 5 5 1 $1 conv preference com 30 108% Nov 89 J^% Phelps-Dodge Corp 12.50 Phlla Electric Co common—No par 23 38% 130% 85% 15% 15% 68 ♦93 10% 47 47 • & Co Inc com preferred 2nd 4% 112% Mar 30 10% i No par 4%% 20 30% Jun 24 Co (Chas) ™ PL/1?-., *7A ?8% 47 ^ A2 At f 187 167 % 100 16% Mar 12 65 Jan '* 33y3C 4 * 84% Oct 41% Dec Corp 11 46 108% Jan July 50 10 10 —5 100 Peoples Drug Stores Inc Peoples Gas Light & Coke Peoria & Eastern Ry Co 30% Jan 104 100 RR Pennsylvania Salt Mfg Co 54 Ye July 23 4 100 preferred series preferred 4.40% 18 38% Jun AtYf Feb 21% Mar 16 81% Jun Light com—No par & Pennsylvania July 28 36 Power - 53% 53% 42 % 42% *105% 106% Corp 10% 88% 13% Jan 105 1 14% Dec 30 i No par 25 25 25 No par 7 com 1 100 Corp Sand 34% Sep Mar 26 33 22 49 8 Sep 17% Sep i 42 % 15% May 21 Dec 28 15 38% Aug 21 89 Dec 20 Co Cement Glass 4%% 30 50% July 5 Mar 18 31 Sep Apr 19 18% F«b 15 2 11% Jan - 148% Mar 16 48 Mar 41 14% Apr 15 July 111 Mar 18 15% Mar 25 10 16% Dec ■ 33A 11% preferred 5% 106% Feb 104 (J C) Penn-Dlxle May 26 4 6 3 40% Dec 29 $1.30 Penney 7 56% July 23 107 35% Jan 28% Jan preferred preferred 47 19 Apr 13 105 3 107% Feb 4 89% July 4 37% Apr 28 30% Jun 101 24 37% Jan 39% Mar 19 27 5 29% Jan 29 27% Jun 73% Jan 8 25 44 42 % 5 Penlck & Ford 30% Jan 7 4 94% ♦93 93 10% 343A 25 No par 5 Peabody Coal Co common 5% conv prior preferred 8 10% May 11 35 May 33 No par Enterprises & 88% Dec 11 99 Dec 3 5 35% 34% *31'A 34% *43% lO'/a 4'A 1 161/8 4^8 37/» H1/® Transportation Mines Patlno 15% 16 72 % 73 *103 104 7% 7% No par 2.50 & Co 8% Sep 20 Corp Pictures 35% Aug 19 '. 33% Jun 9 8 100 1 1 J 37 26% Jan V. 1 L com—No par preferred x93 *84 151/4 *67 *38 31% 31% 44% 44% 36 36% 41 % 42 130% 130% 4 fs 4A xl46 147 5% 5% 34 34% *8% 9% 2% 2% 100 1 Panhandle Oil Corp 14 84 % *53'A 10 Panhandle East Pipe 4% C No par Car Motor 44% Jan Jan 21 Pan Amer World Airways Inc 84% Jan 2% Dec 20% preferred Packard 7 30 10% Oct 21 Corp 27 15 34 20% common_4 19 6 Apr 6% Apr Consolidated Sep 16 Dec 21 21% 100 64% Apr 24% Sep 4% Sep 21% Teleg com 103% Sep 2 30% Mar 27 80% Jun 92% * 151/4 91% 68 903/4 25 No par 97% Jan 15 21 68 preferred 4% 4 6% Sep 10 69 93% rights Tin * 20% 68 % No par Mills 69% Jan 9% Jan 15% 92 10" Pacific Western Oil Corp Feb 9 *15% 68% 10 Electric & Gas Pacific 4% Jun 2% Sep i 6% 21 Aug 11 6 15% 93% No par No par Lighting Corp. Common 87% Mar 16 5 8% Jan 6% Jan 28 6% Sep <4% Oct 8 19 11% Feb 28 88% Mar 25 98% Dec 30 9% Jan Pacific Aug 24 148% Sep 4% May 18 26% July 20 47% Mar 31 32% Feb 81 38% July 14 12 23 119% Mar 10 129% Jun 15 Jan 114% Jan 31 Mar 17 30 4 33% Feb 4i« Sep 2 22% Nov 39 Vs Jan Mar 17 40 34% Dec 12% Nov 2,800 85% *15% 67 % Corp Finance 26% 26% 15% 15% 92% common preferred noncum preferred noncum 2 45% Aug 17 34% Aug 4 28% Jan 26% 58% 64 % 55 Co 5,100 *84 11 38 Coast 58% 58% *26% 11 38 2nd 4,700 58% 85% 5 1st 190 ' 26% 94 Pacific 26% - 26% *84 *93 29 26% 91% 26% 85% 100 22 58% 26% 913A 26%" *84 26% No par Sep 55 44% May 17 Co cum 64% Sep May 17 57 X58% 58% 9,300 92'A 26% *91% f 27 85% 59% Pacific Amer Fisheries Inc 12 33% Apr 8 8 921/4 26% 125/a 12'A 58% Prpducts Inc com conv preferred 4% Aug 17 93 *91 % 27 5 Owens-Corning Fiberglas Corp 94Ve July 23 , 921/4 26% Shares Oct. 1 12%" 121/4 12.50 11 Glass 91 59 % *84 1 (The) Corp 12 82 Mar 10 Mar 4 12% 91 26% No par 83 %c No par & Mfg Marine Jan 14% Jan 20 11 13% Jan Outlet -. 26% Co 8 12% the Week Friday Thursday Sept. 30 12% 12% 26% 90% Elevator Outboard 30 Jan <87 Apr preferred- .100 (The) Sept. 29 12% 12% 77% Jan 89% Jun 80 Otis 7 July convertible Omnibus Corp 20 28% Jun July 23 29 13% Mar 11 84 4%95» 16 Wednesday Sept. 28 Sept. 27 1 common Sales for SALE PRICES HIGH Tuesday Monday Par EXCHANGE Oliver Corp 13% Aug 10 4 9% Jan 15 73 ^ Highest Lowest Highest Lewes* 8% Dec YORK STOCK NKW Bange Since Jan. 1 LOW AND STOCKS \ Bailee for Previous Tear 1953 , (1345) * Financial Chronicle The Commercial and ... 92 10% *76% , 38% 77 39% 39% 39% 39% 40 *90 91 •90 ♦26% 26% ♦26 26% 300 26% 25% 25% 25% 600 ♦253/8 25% 25% ♦255/s 28% 28'A 15,700 28 3/8 285/a 28% 30% 30% 30% 30%. 30% 30% 4,900 31 104 103% 103% *1021% 103% *102% 103% *104 1041/4 103% 1031% 140 563/a 56% 6,800 26 25% 28% 30% *102% 1041/4 57% *90 104 56% 104 56% 64 64% 64% 63% *108% 1083/4 108% 1083% 31% 31% .,..31 31% 153% 153% 25% 25 % AAAf 33 (f V!?' A/f .6 /2 8/a 97 42 % 91 260 91 90 56% 39% 26 3% 90 26 *104 *76% 10% ♦37 6% 8/a 98 43-/2 *153% 155% 25% 25 Ve 56% 56% 109 31% 153% 25 Ve 3,900 34 85% 35,700 85% 6% 6y2 4,700 8% 11,600 98 42% 700 31% 31% 153% 25% 32% 85% 851/4 6% 6% 6% 8% 400 153% 33% 8% 8,700 31% 85% 42% 62% •109 153% *25 81/4 98 *97 43 43 ' 25 33% 851/4 6% 33% 8% 98 43 60 109% 62% 63% 62% 109 32% *97 28% 28 % * 8% •97 42% 40 1,500 1.100 25 26 ' The Commercial and Financial Chronicle (1346) STOCKS Range for Previous Lowest Highest Sep 14 35% Jan 34% Jan 31% Jan -Sep 15 14% Mar 26% Oct 9 36% Feb 30% Jan 36% Dec 24 22 36 12 % Jan 6 16% Oct 12 32 Jun ' Feb 4% A% 13 Silk-Hosiery Roller 22% Mar 16% Jan 19% Aug 17 Reed 12% Apr 18% July 22 Reeves 23 9% Dec 14% Jan 29 13% Sep ■ Sep 18 19 1 19% Feb 21 14 84 26 62% Jun 18 64% Apr 4% May 97 Aug 14 •> 1 29 2 14% Jan 93% Feb 11 4 Jan 28 24 Revere 7V« Jaxi 25 Rexali Drug 87% Sep 27 16 6 Jun to 22 51% Jan 12 '"'5. * 11% Sep * 4 Jan '•Republic Steel 22 49 48 31 Aug 10 80% Jun 5 98% Dec 14 22% Sep 14 14 65 Jan Jan 6% Apr 23 31 27% Mar 29 44% Mar 10 16% Sep 15 21% Mar 7 35% Jun 18% Dec 43% Dec 21% Nov 29 115 Apr 92 Jun 41 Jan 14 45% July 28 .18% Jan 4 22% Aug 261 % Aug 7 9 149% Dec 11 Dec 17 96 10% Jan 24 24 148 105 2 6% Sep 36 % Aug 13 Jan 8 Jan 18 11 5 19 17% 17% 17% *175% 17% 3,100 14% 15 15% 15% 15% 2,500 5% 5% 26% *26 *5V 6% *26 6% *26 *9% *59% 26%. 25% 27% ■?. 273/s 60% 28% 27% 100% 100% 26% 26% 5,200 35% 34 % 34% 34% 34% 34 363/8 39,100 5 43/4 11,700 5 4% -V 4% 4%' 12% 12% 12% 12% 12% 12% 12% 500 62% 63% 63 63% 623/8 63% 62% 19,600 57% 57% 57% 56 57% 55 56% 54% 623/4 55 '/a 7 • 6% *12% 6% 7 7 6% 39 39 39% 47% 47% 38% 39 *46 49 86 87 102 86 85 1013% 33% 33% 58% 57% 25 ; 101% 39 33% 86 33% 58% 57% 24% 85 7,300 39% 45,000 10,600 50 100 86 86 1013/4 33 57% 800 101% 920 32% 25 33 5,300 57% 57% 8,400 *24% 57% *24% 10% *48 1013/4 33 58 24% 13;40Q 83% 39 39% 101% 7 82% 49 85 101% 6% 6,800 *10% 10% *46 25 *243/, 7 85 84 *10% 49 *46 / 1013/4 33% 57% 4% 120 12% 851/4 10% 33 4% 96,400 63% 10% *24% 120 , 26% 84% .No par 59% 28% 10% —.No par 59% 200 7 101% 86% 87 300 26% *101 10 101% 500 10 .26% 101 84% 1 Co 27% 6% 25% *9% 60% *59% *5% 25% 10 26% 101 101% 10% % 6 26% *9% 26% 101 5 *5% 10 24% 100 11% 11% 11% 11% 11% 11% 11% 11% 11% 2,800 11 11% 11% 11% 11 % 11% 11% 11% 11% 11% 4,300 preferred series A——50 29% 29% 29% 29% 29 29% 29% 30 27% 27% 26% 27% 26% 26% 26% 34 34 33% 33% 32% 32% •32% *45% 45% 45% 45% 45% 45% 45% 45% 45% 45% 700 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 11,000 Inc Mills 4.50% 5%% —20 common. preferred : ;25 Rochester Gas & El Corp.._Nopar Rockwell, Spring <fc Axle Co. —5 Rohm Mar 29 105 17% 14% Roberstsliaw-Fulton Controls com__l Aug 11 12 100 173/8 5 Antelope Copper Mines Roboins May 18 4 .Jan 200 30% 11% ■ 41 17% Jan 100 % *29 % 15 % 10 Corp— Roan 25% Aug 14 23 Oil Ritter Company 29 V 4 Manufacturing Mar 22 24 3 31 87% 37 <21% May 26% Dec *29% 9% 38% 12 2 31 1,400 39 33% 17% 12% 62% 57% 6% 1 —3 11 Rheem *32 86 No par com Common Richfield 33% 10 Co Reynolds .(R J) 'lob class B Aug 4 59% May 21 39 *32% 14% 34% No par 2.50 ^ 24 22% Oct ■r *29% 39% 33 % 17% 34% 100 Sep 33% *38 13,500 15% 35% 100 15% Aug 30% 26% series 3 30% 25% series 7 31 % 26% 3.60% 9% May 34 23 39% *38 39% 100% 4.50% 7% Jan 34 25% Preferred 18 34% 26% Preferred 12 28 100% 5 27 27% *38 1 10 3 28 273% 28 40 60% Feb May 28 27% 28% *38 *59% Feb 20 21,900 60 88 3 9 Va Dec 11% Dec ' 14% 60 48% Jan 11 14% 9% 25% Jan 5 26% Dec 9 14% 9% 104 July 14 3/8 10 2 2 78 95% July 5 14% 50c Inc ~ 29% Mar 18 43% Sep Oct 22 107 14% 6% com____No par Reynolds Spring Co 40% May 18 48% Mar 4 33% July 2 46 Mar 16 58% July 21 90% Jan 5 Dec Corp •Reynolds Metals 1 * 36% Dec 14% 26 _ Copper &c Brass 22 9% Mar 20 2,100 14% „ 17% Aviation Corp—: _1 ;Republic Pictures common——_50c $1 convertible preferred-——JO 3 Jan 56 14 38% 15 48 r 15 Republic 13 6% Apr 13 21 38% 25 12% Sep 37% Feb 24 48% 38% 10 — 64% Sep 57% Sep 30 47 % 38 26 — 4 42% Oct 43% 38% 5 100 Inc 11 47% Jan 5% Feb vipO .preferred 26 52% Mar 17 49 38 3/s No par Remington-Rand common Jan 4% May 18 11% Jun 3 48% 38% ' 3 17 14 14 31% Apr 7 42% Sep 4% Sep Corp—; 10% Jan 2% Sep 49 % 38% Co— & Re«/Molors Shares 48% prior preference——10 Mfg Co common Conv pfd 3%% series 6 the Week 33 *30% 50c Relianoe % Aug 2J 5% Aug 16 11 27 Oct. I *34 No par Jan 12 9% Sep Ap* (Robt) $1.25 div Friday Sept. 30 50% 28 " 5 Co 22 Mar 18 19% Jan 40% Sep . 50 50 Inc__ Reliable Stores 8 28 % Sep 29 101% Sep 20 18 19 23% May 25 2 Jan 10% July 30 60 % Aug 18 8% May 7 55% May 19 23 Jan 6% Aug 3 24% July 7% Mar 20 31% Feb Sep" 23 Bit Bros Sales for Thursday 14% 5 Mills PRICES Sept. 29 38 25 preferred.__.50 2nd noncum iReal 1 1st preferred noncum SALE Wednesday Sept. 2H ,... 49% —1 common...... __ Reis 4 25 Inc preferred Raytheon Mfg Co__——__ Reading Co common HIGH Tuesday Sept. 27 (Par AND LOW .;■■■* Monday > $2 15 % Jan 15 Dec Ma 29 % NOV 6 -Sep Sep 26 41% Fe 31% Dec 36 26% Jan 33% Jan Rayonier 15% Sep 22 29% May 24 40% Aug 26 8% Jan ' STOCK YORK EXCHANGE '50% Sep 23 38% Aug 9 25% Jan 28 8 NEW Highest 30% Dec 22 f- Range Since Jan. 1 Year1953 Monday, October 4, 1954 . Continued—Page 10 NEW YORK STOCK RECORD Lowest .. conv & Co Haas 20 preferred series-A 4% 253 100 common *103 / <■ 253 *248 257 *245 254 *245 104% *103 104% *103 104% 30 26% *103 v 30 26% 34 *32% 254 249 104% 2,500 1 26% 4,300 34 400 252 >103 300 U% 22% Jan 29 104% Dec~15 17% 19 Ronson Corp 1 8% 8% 8% 8% 8% 8% 8% 8% 8% 61% Sep 23 Royal Dutch Petrol Co__50 Guilders 8% 1,800 9 60% 60% 60% 60 %' 59% 60 % 59 5/a 60% 59% 4 20% Sep 20 39% July !» 60% 14% Jan 47,700 20% 19% 20% 19% 19% 19% 19% Ruoeroid Co 19% 19% 4,900 33% May 21 14% Dec 9% Feb 55 % Aug 37 37% 37 37% 37 37 37 37 12% Aug 23 16% Mar 9 Ruppert '(Jacob) 1,800 13% 13% 13 % 13% 13% 13% 600 9 Safeway 45% 10,900 6% May 27 30 Ma~r~23 McBee bRoyal 23 40% Dec 81 12 4 47% Sep 98% Sep 17 4% 14 111'/2 Sep 28 4.30% 38% Jan 1 93 % Nov Jun 883/4 Jan 103 '/u Jun 32% Jan 9 28 30% Oct ""7 43% Jan 5 31% Jan 11 41% Jun 16% Jun 29 19% Nov 24 18% Jan 14 23 Dec 29 33% Jan 30 23 Vu Jan 4 27% May 25 Sep 14 77'/a Feb 2 62 % Jan 8 7U Va Aug 22 61 > : 5 211 Apr Sep 14 23% Mar 25 123 211 Sep 15 312 150 May 26 160 17% Sep 15 91% Sep 9 Jan Nov 96 9 12 93% Jan 12 4 103 10 11 , 'A 22 15% Mar 14 % Sep 28 6 Sep 15 17 ■Jan Mar 23 27 Va •Jan 4 131/4 Aug 2 17% Apr 28 22% Jan 20 11% Jan .i 4 14% Feb 47% Sep 20 65% Jun Ik. Jun 24% Dec 29 Jun 89 102 86% Feb 8 25 Vo Jan 2 89% 85% Feb Feb 3 10,7 1023/4 Jan 3 17% Jan 79% Jan 10 50 110 Oct 19 1 96 Sep 1 105% Sep 8 293% July 23 May 26 Jan 17% Dec 19 15% Jun Feb 31% Jan 12 81% Jun 30 98 6 25 91% Jan 105 Is 98 Sep 29 (Tnej Stores ,_lo 33% "38% 38 38% 37% Power—_No par St L San F Ry Co common—No par 22% 22% 22 Vo 22% ♦22% 24% 25% 24 Vo 24% 24 68 % 69 % 671/4 68% 67% St St Joseph Lead Co series h" noncum preferred Regis Paper Co common 1st San pfd series 4.40% Savage Industries Schering Corp $3.40 Scovill Mfg Co 4.30% conv Scranton 1 Seaboard Air Seaboard Finance 103% Nov 9 102 Jan July 21 24 13 Jan 17 62% Dec 26% Mar 27 12 % Mar 12 Oct 13 14%. Feb 26 60% Oct 27 80 .Apr 14 3 3 35% Sep 18 42% Dec 32 Sep 15 43% Mar 16 8 Dec 29 24% Dec 22 3.35% 9 57 Va Mar 16 76 21% Jan 12 35% Sep 7% Jun 4 101/4 Fen 3 6% July 7 91/4 Jan 13 69 »/2 Jan 30 Sears Servel 27 40 Jan 4 52 4 37% Mar 11 Sharon Shattuck $4.50 4 10 Va Sep 30 25% Jon 4 29 »/4 Veb 5 573/4 Sep 20% Sep 29 Shell 24 28% Sep 15 34 35 Dec 30 30% Sep 11 43% Mar 20 33% Oct 14 42 Aug 23% Sep 29 37 Dec 22 153/4 Jan 20 29 % Jan 43% Mar 20 36 % Jan 7 8 8 30 Oil Corp Corp of Sheraton 471/4 Sep Sinclair Oil 5 35% Jan 50% Mar 29 Jan 8 25% Jan 42 Aug 27 Smith 27 Smith 6% May 4 35 Apr 23 12% Aug 9 471/4 Aug 10 25 40 May 56 Mar 6 41 15% Jan 37% Jan 5 Aug 173/4 July 13% Jan 18% Jun 6 21% 9 8 32% Aug 25 (A 3'%% 4% Sep 11% Jan 14 7% Feb 27 5Va Jan 9 Sep 27 South, Amer 2 15 Oct 1 53 32% Dec 31 May 53% Feb 33 40 Dec 16 33% Jun .9 13% Sep 223/a Jun Mar 26 Jan 11 37% Jan 11 15 16% Feb 2 15% Jan 5 11 27 % Feb 24 33% Feb 10 Jun 5 29 Sep 11 36% Sep 21 73 Mar 30 II % Dec" 11 4 3/s Dec 44 Oct 25% May 28y4 Feb 2 36% Jan 4 49% May 20 39% Jan 11 40 May 21 80% Oct 4 2 15% 31 2 Feb 18 May~25 73/4 Mar 17 73/4 Mar 25 107 Dec 21 60% Dec 22 98% Feb 2 101% Dec 16 12% Sep 14 19% Jan .5 353/4 Sep 14 49 % Mar 20 37 80 6 Jan > 5 Jan 14 26% Aug 31 121/4 "Jan 5 4 Apr 22 4'/2 Mar 16 85 July 9 55% Mar 31 101% Apr 27 14 Jan Mar 4 1 18 "5% Sep" 29 Jan -■74% Aug 1041/4 Sep 13 19 3 14 80% May 5 .12% Dec 29 4 IIV4 Aug 12 4 693A Aug 11 '243% Jan 11 28.1/8 Jan 5 15 '86y4 Jan 4 6 20% Mar 18 91, Feb 11 17% Jan 6 20 % Mar 18 For footnotes see nn«*e 2fi 12% May 17 12 Vo Jan 28 8% 60 371/2 16% 16% 37% *16, 37% .> 16% 16 7 76 741/4 75% 73% 74% 74 34% 35 34% 35 35 8% 7% 48% 400 73% 74 V4 13,700 35 ' 5,600 8% 8% 8% 8% 81/2 8% 8% 1,700 7% 7Va 7% 7% 7% 7% 7% 21.400 53% 53% 53'% 49% -49% 49% 28% 9% 28% 28% *53 *27% 55% 19% 13 351/2 39% 46Va 46% 9% 9% 54 57 55% 49% 49% 49% 28V2 28% 28% 9% 9% 430 49% 52 10,900 28% 10 Va 56 28% 9% 9% 5,200 10,300 28 28 28 28 28 57 56%. 57% 56 57 55% 56% 20 19% 20 20 20 19% 20 6,200 6,400 *27% 28 500 18,300 13 Va 12% 13 12% 12% 12% 36% 36 % 36'A 35% 35% 35% 35% 40 39% 39% 39'A 39 »/2 *39% 47 46 Va 46% 46 46% 46V4 46% 46% 46 Va 46% 45% 46 45% 46 3,700 41 % 41 41% 40% 40% 40 40 y4 6,800 10% 47% • x41 10% 10% 10% 5,600 44 44 *44 12% 45 40 3,800 2,600 24,600 260 51% 51% 16% 17 17 17 2,200 26% , 27 Va 26V4 26% 7,200 48% 23,400 48V4 491/4 21% 22% *175 183 8% 4,000 7% 49% x21% 37% 16'A 8% , 54 *177 37 35 35% y - *15% 74% 34% 8% . 8% 9 *50 48% 48 Va 21 Va 21% 182 *175 8% 8% 51% 21% 380 3,800 183 8% ' 38,666 18% 18% 181/4 18% 531/4 53 Va 53 Va 53% 200 34 37'A 34'A 37% 341/4 34'/2 34 34% 2,500 *36 37 36% 37 44% 44% X44V8 44% 43% 44% 12,000 17%- 18 17% 17% 17% 17% 14,400 29 preferred South 25 (The Indiana '5% non-cum Mobile & Spalding Sparks Spear (A Co 5 stk Public G) & tr No par ! Service Co 923/4 Sep 22 $3.50 preferred 27,300 56 V4 57% 11,900 56%- 56 % 47% 56% 47% 47% ' *87 56% 47% 47 47% 89 87% 87% *87% 26% 26% 26% 26% 4,500 14V4: 14 V4 il4% 14% 1,900 4% 2,000 *87 26% 27 26% 26% 14 14 14 14% 14 Va 14% 4% • 4% - *103 • 4% <6Va 86 71 104% 1 20% 20"% 1 75% i_ 76% par No par No par 15% Aiig 12 Standard Coil Products Co Inc Standard 9% -65 4% *5% *80 70% *103 20 % 76% 89 4% 4% *5% 6 Va *80 86 71 104 V4 20% 76% 691/4 ■ *103 Va 6Va 86 7OV2 104 < 4% *5% *80 68% *103% ' 10Va . 4% 4% 6 Va *5% *80 68% 69% 104 ' 20% t 47% - 86 20% 20% 76% 76% 76% 77% 10% 101/4 66% 66 10% -67 ■ IOV4 10% 65% 65% 1,300 20 5% 86 70 2,500 103 Va 20% 20% 3,500 77 9,800 *76 Va 38% lO'/s *65% 47% 89 103 Va 20% __ 66 2,200 561/4 27% 2 com 47% 28% 56% '27 5 Inc 57 % 28% - 56Va 1 *5% 143/e Sep Gas & 8,500 45% *80 70% pfd (stamped).No Brands 31V4 44% 1 Square D Co Standard 31% 45 No par common 4 31'A 44% 89 When issued 413/4 July 29 28% 31 Va *87 Spencer Chemical Co commoni___6 4.60%: preferred i 100 Conv $4.50 28% ~*47% 50 No par common $5.50 preferred 700 46% 1 Bros Inc 7,300 *31% 100 Co 18% 30% 28% ' No par ctfs 18 *52 V2 45% Elec__No par _7.50 Co (Del) preferred Withington & & " 25 * Gas Co Ohio Southwestern Edison ) Gas Natural South'n Pacific 36% Aug 2 81 53% Spiegel Inc 6 % Jan 53 % Jan *78% 50 Spencer Kellogg & Sons Sperry Corp (The). Mar" 19 81 Carolina E & G Co com_4.50 ,21% Sep 23 813/s Aug 19 38% Oct 1 67% Mar 23 *78% *78% 11 15 Southern .Railway common 6% Apr 81 81 10 200 Porto Rico Sugar com_No par 59 V2 106 21% preferred Southern 1 9% 5% 323/4 Aug 11 47 % Aug 17 11 31% Jan , South Co 43% Jan 14 62% Dec South California 151/2 Aug 16 51/4 Jan 20 107% *20% 37% 10% 1 Southern 9 *106% 21% *20% 3772 411/4 Platinum & Gold Southern 29 Va Aug 107% 21% 16 37% 40% 1 July 28 29 % Aug 23 47% Sep 28 89% Aug 23 *105 *20% 7,300 1061/2 131/4 100 19 July 27 107% "l6 4,300 87i/4 4,500 351/2 40 47% * 28% *105 21% *86 106% 49VB _5 28% 87'A *105'/2 13 Va pfd 28% *86 105% 53 " 13,900 106 105% 35 Ve 39% 46% 47% Co 39% Aug 19 46% Aug 19 38 3/4 Oct 213/4 Aug 31 25 Sep 15 10% Sep 34 49% Mar 18 4% Dec 29 103 54 -373/4 Jan Jan 13 393/o Mar 16 35% Dec 38 18% Aug 23 49»/2 Jan 29% May ' 23 14y0 Jan 1 5 Aircraft - 50 96% ♦104% 87'A 26 Solvay American Corp 4% 47 28JA 28% .49 Va *Qc; 96% 106 106'A 25% Solar 49 *104% *86 16% Aug 19 7,900 106% 16% 175 12% 7% , No par J53/4 jan 12% t>qci 96% 51 138% Feb 12% 48% 48% 106 43% 2l3/4 Mar 20 49% Sep 17 25% Aug 11 107% j 106% 51 1403/4 Mar 13 35'A Jan - 28% : 9,800 71 43 % 18 22,900 27% 100 14 1,900 19. % 27 67 100 18 12% 19'A 27% preferred Smith-Corona Inc Jun *12% 19% 67% 10 Sep 26% 12% 27% 50c Inc Socony Vacuum Oil Co Inc 271/2 66% 20 Co ; 27% preferred Smith-Douglass 79,700 67% 56% 20% 4.20% 14 27% 55 5 % 27% 28 common il 67 16% 751/4 No par 14% Sep 121 21% 28% 9% Corp 6,700 %• 28 Vb No par No par (Alexander) Inc *95 20 16% 67% 25 O) 12% 31,700 161/4 28 28 America Corp 12% 33% 16% 663/4 1 Steel 19Va *104% 28% *78% 281/2 9% Skelly Oil Co 24 & 12% 191/2 48% 96% 86 *105 81 1 :_ 27 12% 19 Va 12% 48% 86 106% 34 No par No par Mfg 271/2 12% V 165 102 28 36% No par 1 Co % % 16'A 2,100 245 *145 -.<•331/4 102 " 103 440 67% *16 1 Pen Co *102 26% 105 28% 2l3/8 _7.50 A) 103 *235 33'A 16% V 13 47% *95 105 - 19% 123/4 107% 21% *78% 67% 3i3 33V3 I6V4 12% '12%. 19 Va 291/4 87% *1°5 1 Gas & .1*7 13 28% *86 5 Co 68 * J * 47% 48% 1. *95 96% *1041/2 106 _No par Co Corp G) (W 32 Va Jan 70% Feb 30 Co, (Frank Sheaffer Saw 58% Mar 14% Dec Oil Steel 17% Feb 15 & common Simonds 6 12% 5 Simmons Co 38% Oct ,21 Dec Mar 15 27% 40 1 Rubber 13% Sep 14 371/4 Aug 17 40 % July 22 Jan 42% Oct 13 5 261/4 12% 19% * 20 100 Co__4 common preferred Shelter 6 261/4 12% *106 Shamrock 11 % Mar 25 17% Jan 25% V fund ipreferred.No par Oil Co— _1 Inc 26% Feb 15 " 28 Seiberllng 42% July 19 13% Sep % 1 Roebuck 27% May 8% Jan 6 RR Co Seeger Refrigerator Sep 1 % 5 1 Line SeagraveCorp 53 Oct i I sink Seaboard 26 Sep 27 preferred $5.75 *102 16% ,100 com 32% 103 16% 100 preferred Co (The) Elec 24% 67% 165 25 common preferred 24 68 244 16% —No par 3.65% 24'A *67% *235 *102 700 12,700 23% 67% *145 103 22% 24% 165 16% No par No par preferred *22 Ve 22% 244 *102 7,000 22 Va ♦145 33 Va 37% 22Va *235 32% 800 37% 38 165 33 % 98% 111% 37% 244 15c $4 preferred 98 Va 111% / 38 *145 1.40 Scott Paper Co common 19 11 15 5 Inc_; — Oct 20% Sep 8% Sep 10 44% 98'A 112 *235 10 Corp—ii— Arms Schenley Feb 86% Apr 100' / Co 45% 98'A *111 165 % Electric 45% 98 % 245 32% Rights Sangamo 45% 111 111 *145 .5 A 98% *13% *233 100 Diego Gas & Electric Co 29% July 19 Aug 17 * §%*.; •5% ' St 33 7 A 100 St Louis Southwestern Ry Co—_1Q0 81 39 V 98 Joseph Light & Preierrt'd , 2 18% May 24 45% 46% '98 111% 71 7 46 97% Jan 17%'Mar 46% 111% Jan *12% Dec""29 46 *13% 98 % Jan 106'/a Mar 13% 1111/4 24 74 26 37% 13% 10 42 29 45% July 31 15 37 % 5 common 8 15 1* 99% Aug 24 -1 preferred conv Dec 68% Jun 36% Sep 21% Sep x20 .5 —— .preferred ' 213/4 Aug 18 1 111% Mar 23 Mar Corp 100 15 11 6 15 22 21 233/4 May 18 Jan 13 27, Sep 14 Dec Sep Sep 3 % Sep 20 23 171/a Sep 14% May 21 July 27 280 May 24 150 May 14 ; 333/4 Oct 1 5 Apr 20'/u Jan 2' ;—— IOV4 *65 V 10 38% 100 10% 40,500 66 770 37% 38% 37 38% 37 37 % 37% 38'A 37% 37% 8,600 36 36% 36 36% 36 ' 36 Va 36 Va 36% 36 Va 36% 5,700 91% 91V4 91% *91% 91 % 1 '14% Electric Co.No par 14% 14 % 91% 14% 91% 15- 14% 14 14% *13% 91%;. 14% 92 V2 92% 190 14% 14% 14% 14% 14% 6,500 14 13% 13% 13% 14 3,000 - Number 5365 Volume 180 ... ' The Commercial and Financial Chronicle (1347) ' 27 NEW YORK STOCK RECORD NEW Range Since Jan. 1 Year JU63 Lowest Highest Lowest YORK LOW STOCK Monday EXCHANGE Highest 21 59% Jan 52% Jan 77% Sep 24 Standard Oil of California 15 81% Jan 68 % Jan 95% Sep 23 Standard Oil of Indiana 67 15 78% Jan 71% Jan 101 % Sep 28 Standard Oil of New Jersey 15 99% 32% Jan 27 Standard Oil of Ohio common 10 42 Sep Sep 21 38% Jan 94 May 11 100% Jan Jan 99 8% Dec 30 13% Mar 26 8% Sep 17 12 % May 11 40'A Feb 5 42 % Sep 7% Aug 17 11% Jan 27 47% Dec Dec~30 32% Jan 53 5 5 42% July 30 13% Aug 17 36% Feb 17 Sep 7 Chemical Stauffer 94% Jan 14 91% Jan 7 23 36% Jan 2 22% Apr 30 30% F«b 16% Sep 14 23% Feb 2 19% Feb 16 29 17% Feb 2 13% Jan 4 22% Aug 3 17% Aug 23 Stewart-Warner 12% Dec 18 Stokely-Van Camp 10% Sep 38 • 18% Nov 9 17% Jan 28% Jan 16% July 1 20% Dec 15 12 9 12 3%% 97% Mar 31 Mar 25 16% Mar 11 15 44% Aug Sep Stix 13 19% Aug 24 21% Jan 4 26% July 12 22 43% Aug 19 28 23 Studebaker 43% Feb 2 14% Apr 11% Sep 10 13% Sep 30 Studebaker-Packard 10 38 Dec 14 30 % Jan 11 41% Sep 24 sunbeam 29 30% Mar 13 8 %. Jan 4 11% Sep 13 Sun 20 99 Feb 1 98 Sep 22 92 Oct 68 % Nov 110 July 15 2 89 82% Jan 18 Feb 5 69 117 7 Jan 7 ^.80% Sep 27 113% Jan 6 Jan 7 fUtt% / 20 % Aug 9 , 16% Jan 4 24% Jan % Mar 25 11 14 21 30 24% Jan 19% Sep 16 23% Mar 26 21 Aug 73% Nov 19 71% Jan 11 10% Jan 29 7 Jan 4 635 J an 8 Sep 15 6% Nov 17 - ' 4 % % 5%% 82% July 11% Sep 7 49,980 41% 41% 41% 41% 41% 42 12,800 100% 100 % *100'A 101% 100% 100% 100 V4 7% 7% 7% 19% 19% 19'A 18% 8 49 36% 37%-. 12% 12% 42% ' 7% 19 % 8 .18% 50 18% *49 42% 95% 94% 50 24% 24% 5 21% 36 % 36'A 12% 12% *12% 43% . 43 3,000 12% *95 24% 300 37 43 95% ' 24%' . 43% *95 953A 24% 21,500 49% 36 123/4 *95 • 4,200 18% *49 36% 42% .43 300 8 18% 36'A /94% 24% 100 % 7% *12% 24% ,. 8 *49 <49 *94% 600 43 V4 7,800 95% 30 25 V4 25% 25% 11,900 3,800 22 21% 22% 21% 21% 21'/a 21% 21% 21% 17 17% 17% 17% 17% 173/a 17'A 17% •17'A 17% 1,500 17% 17% 16% 16% 17 16% 16% 16% 17 6,500 20 *18% 19% 19 i7%: 19 ' *18% 19 19 18 % 18% 400 /24% 24% 24% 24% 24% 2 4 3/8 24% 24% 24 V. 24% 7,500 10 39% 39% 39 39%' 38% 39 38 Va 38% 38 39 6,100 12% 13 Va 18 i"_10 "w 18 Va 12% 41 preferred-—No par A 1 11% *97% No par 79% common ; preferred 100 common 1 Corp Inc 19% 19% 12% 13% 13 40% 39 Va 40% 11% 11 11% 11 • 11 Va 99 *97% 99 98 ' 98 54,100 13% 40% *97% 79 : 79 80'A *116% 117% *98 19% 4,600 99% 79% 1163/4 "116% 10 79% 78'A " 3,500 11% 11 Va 116% 117% 68,500 39%, 78% 80'A *116% 117% « . *39 4,000 20 117%,. 19% 19% 19% 19% 19% 19'A 19% 25% *25% 25% *25 Va 25% *25 Va '25% *25 Va 25% 23 *22% 23'A 223/4 223/4 23% *22% 23'A 80% 81 19% *25 80% 10c Mining Co 19%, 12% 11 80% -23 __12.50 *18 V4 40% 12% 99 19% 18% '18% V •40 ].i3/8 *116 preferred series A 25 2nd pfd ser 1950—20 18% 12 % 40 conv Sunshine 100 5 Corp Corp Sunshine Biscuits 13 99% 101 common—1 common Oil 100 Va 19% No par 4%% A Sunray 23 Apr 25% Jun 3 66 19 23% May 10 Sep 23% Sep 26 Class 99% 12% 42% Corn Oil Co Sun 99% 42 y8 • 5 Corp series $4.50 101% 41% 42'A 7% 1 23 Chemical 28,100 100% 100% 49% Co Dec 8% Sep 23,400 93 37% prior preference 26% Jun 6 76% 92% 12%, Co Inc Stromberg-Carlson Jan 75% 94% 15 Stone & Webster 36'A Sep 20 76 % 92% No par 8 5% 75 94% 37 Corp & Fuller Baer 77 "/a 94 % *49 & Co Inc (J P) 76% 95% *100% 101% 1 preferred Stevens 15 Shares 77% 100 21 24 the Week 94% 10 Sterling Drug Inc common Dec Jun Oct. 1 77 No par Inc Frb'ay Sept. 30 95 % 5 Co—_ Bros Stores Sterchi 25 Va Nov 87 4 5 11% Jan 7 17% May 25 Sales for Thursday 76% 1 Stanley Warner Corp— Starrett Co (The) L S__; PRICES Sept. 20 76% 100 Ry Equip Mfg Co SALE Wednesday 95 25 preferred series A Standard 8 19% Sep 4 42% Feb 10% Feb 30% May 10% 3%% 102 % Mar 11 HIGH Sept. 28 65% Sep No par AND ^Tuesday Sept. 27 Par 49% Sep 31 Continued—Page 11 STOCKS Range for Previous 80% 10% 81 81 10% 10% 10% 23 ; 10% 10% 80% 80% 80% 10 -, 800 900 80% 10 10% 24,900 10'A 6,300 ' 520 May 32 660 816 Jun Dec 22 20 •14% Jan 4 17% July 22 Superior Oil of California Superior Steel Corp 6 30% Jan 11 48% July 13 Sutherland Paper Co common 111% Jan 11 2 13% Sep 15 22% Jan 25 Jan 14 32 Nov 100 Jun 18 113 Nov 6 12% Jan 13 18% Dec 11 16 Feb 26 21% Sep 30 Sweets Co of America 2 44% Dec 14 41% Feb 4 51% Sep 28 Swift & 5 31% Jan 4 40% July 13 35% Jan' .29% Sep 78 Sep 40 30 Jan 86 21 May 22 81% Jan 165 ' 13 4.40% July 13 92% Sep $4 preferred cum pfd 16 111% Jan 5 105% Jan 14 121% July 15 15 7% Feb 25 4% Feb 24 6% Aug 16 Jan 5 17% Nov 17 14% Jan 27 16% Aug 20 Talcott Inc 8% Jan 20 Jan 25 18 Telautograph Sep 14 49% Sep 18 58% Dec 24 2 54% Apr 110% Jan 1 33 14 /Aug Jan 78% Dec 15 6 5% Oct 42% Feb 24 101 Oct 6 Sep 37% Jan 15 6% Dec 18 11 12% Mar Dec 30 y 17% Jan 11 % Aug 31 - 103 13 ■» 165 Jan 138 Mar 48% Dec 10 9 Co A Texas Gulf 28 Texas Gulf Texas Instruments Texas Pacific Coal Pacific Land 49% Aug 16 108 Sep 106% Jan 11 144 Sep Jan 11 140 Sep Sub 17 23 107 Corp 16% 16% *16% 16% 3,100 42% 42% 421/4 42% 2,100 148 Va 148 % 148'A 148% 21 20% 20% 21 21% *21V. 50% 51% 50 51% 49 Va 50%, 48 Va 49 Va 6,600 38% 38% 37% 38 373A 38 37% 37% 37% 38 9,000 152 91 :■ 200 17*/8; 17 17 1,600 76% 73% 75 77 77 80% 79 80% 78% 79%' 78 79% 85% 883/4 88% 903A 57% 83% 20,900 106 106% 106% 107% 106% 107% 106 V. 85% 106% 7% Dec 31 6% Dec 31 Jun 1% Jan 12 % Jan ' 44 15 Feb 8% Jan 14 27 17 22 6% Jun 8 9 % Jan 4 11 ; 107% 10,700 10'/e 10% 10'/a 10'A 10'/a 10% 10% 10% 12,800 46 46% 45'A 45% 45 45 Va 44% 45 5,400 1 140% 142% 140 141 r 138% 139% 139 140 140 140 3,200 136 /. *134'A 135 135% 133 133 108 Trust— Ry Co 5—100 ! .No par common,.' —50c Co_i *135 , . . . No par *135% 140 55% V 9% ■ ; 55% 55%> i 16% 9Vi 16% 16% 716% 45% 45% 45% 9% 9%r 16 % 163/8 16% 9% Oct 15 * 41% Sep 15 • ',88% Jan ,1 1% Nov „ 18% July 20 25% Oct Tide 36% Jan 47% July 14 Timken '5 15% Aug Toledo 25% Feb '2 87 13% Jan 12 20% Sep 24 30 V, -: ;4 89% Oct 1 92% Jan 1 103% Sep 9 . 3% Jaft 28 • •: % July f 19% Oct 14 * 27% Mar 25 35 Dec 29 46% Jan 11% Juri 10 13% Mar 25 '12% 23% Sep 14 1 29% Mar 19 ?0% Feb 25 Nov Sep 12 1 49% Jan 2 29% Mar 27 17% Jan 2 % May 8 18 27 ; 1 '<■ . 12% Sep 14 17 Dec 10 * - 25. Feb 5 , 2. 15 106% Jun , 24 112,% Aug 7 110 Dec 29 20% Jan 30 13 15 Jan 15.% Apr 13% Sep 17% Jan 27 4 19 , -1 « July 30 21J/4-AUg . 4' 15% Jan 23 16 23% Aug 16 Mar 19 115% Aug 16 23 18% Feb 1'9 Apr 42% Jun 19 47% Feb 25 42 15% Dec 30 " 24% Jan 30 49% Jan 46 16% Jan May 28 Aug 25% Oct 1 69 % Jan 30 '8 72% Oct 28 18% Jun 9 28% Sep 15 8 13% Jan 18 18% Sep 14 17 15 Jun 35% Sep 25 5% Dec 18 8 41% Jan 5 54% .Sep 9% Mar 20 6% Jan 4 14% Aug 23 45 Jun 17 Roller Edison *11% 86'A 13% 7% >:■ 7% 43 43 4% 43 *4% „ *11% 12 87 ' 4% 12 1 84% 23% 24 46% '-14% 14% 103% 1% *25 46% —5 .85% *102'A 102'A 1% 1% 24% 24% "' '102% Bearing.——No par 2 * > $6 preferred '_i Truax-Traer; Coal Co 12% ♦12 • 1% " ,25% 12 *11% 85%. 86 *•* *102%' 103% 1% 88% 88% 89% 103'A 1 Va 103% 103% 190 1 Va 1V4 3,300 23% 23% 50 (conv) Preferred series A 24 • 23% 24% 24% 25'A 46-% 46% 46% 46% 46% 4,600 14% 14% 14% 14% 14% 3,900 34% 34% 34% 34% 14,400. 19 19% 19'A 49% 18%- 18 18 223/a, 21% 22 Vb 13,300 111% 111% 3,350 23%- Conv 5% 19% 19 18'/ 22% 22% : 22% ; 15% 463% 28% 18% 27% 28% 17% 17% 54% 123% 54% 13 13 'A 12% 12% 32'A 12% 32% 15% 26 Dec 14 14% Feb 2 29 55% Jan 15 11% May 27 ' Feb . Dec 23 13% Jan 8 7% Jan 38% Sep 61% Jun 15 49% Mar 20 75% Dec 18 43% Jan 19% J.un 16 Jun 4 98 82% Jun 15 24% Mar 110 97 Jan Jan 9 21% Jan 25 2 104 % Jan 15 6 92% Aug 8 85 Union Bag & Paper Union Carbide 89 113 96 3 .. Sep 28 Jan 7 6 Jan 5 94 Apr 103% Fob 38% Jan 4 51% Sep 115% Jan 5 105% Jan 11 50% Jan 6 Jan 4 3 87% Jan Jun 18 100% Nov 10 44% Aug 15 17 Asbestos & ; Preferred 100 Sep 44% Jun 48 - 26 24 50% Dec 21 45% Jan 3 106% Jan 29 103% July 31 87 17 Dec 33% Sep 100 21 July 21 32% Mar 25 104% Jaa 30 39% Dec 23 Jan 21 107 29% Jun 24 Union 11 6 68% Aug 106% Feb 5 *17% 18 *52% 12% 12% 27 104% July 23 14 Jun *1 13% Jun 16 16% Mar 20 48% Sep 15 61% Jan 5 57 25% Sep 23 3% Apr 23 31% Feb 11 27 Jan 24 3% Feb 25 4% Jan 6 Feb 18 70% Apr 29 80% J*n 29 4% Jan 4 Jun 28 63% Jun 29 4% Feb 2 23 5% Feb 24 Sep 30 Jan 2 72% Nov 13 10% Sep 15 11% Dec 28 17% Jan 8 12 16% Feb 2 11% Jan 49 44 Sep 28 86 10 58% Jan 30 Dec 10 14 4 13 Mar 10 3 2% May 12 65 4 45% Jan 13% Sep May 25 27% Jan 37% Feb 1 . 14 11% Dec 46 8 Mar 27 23% July 22 30 % Jun 17 29 Jan 5 33 % Mar 11% Jan 1% Jan 4 12 4 49% Jan 8 95% Sep 15 101% Dec 23 100'% Jan 12 22 Sep 14 31% Jan 5 22% Jan 4 103% Oct 13 120 Jan 20 114% Jan 9 175 Mar 16 Jan 6 May 12 17 11 • Aug 88 Aug 27 26% 4,700 113 112% series 10 No par 90% *101% 103% *101% 103'A 51% 49% 50% 49'A 50 Va 49% 136% 134% 133% 135% 51% 51% 51 51 51'A 51% 51% 51% 51 % 26% 26% 263/4 26% 27 27 26% 27 16,100 26% 62% 11,400 64 *106% 64% 107%! 5 100 preferred 10 series of 1952_100 No par No par Corp 10 5 5 No par Merch 2% Sep 15 United Park 71% Sep 28 U S Foreign Securities——No par U 56% Nov 30 68 Feb 9 54'A Mar 11 74% Sep 17 20 Co 10 13% — Improvement Co City Mines Co preferred— Gypsum (The)_l —No par Freight Co S 1 Inc 7% Co common preferred. U S Hoffman 4%% Machinery com preferred No par 20 100 5 100 *9% 10'A 79% * 80 15% 15% 12'A 12% 62% 106 % 107 % 27 27% 1033/4 102% 27% 102% 102% 103% 273A 27% 273/4 27% 27% 27% 27% *105 28 106 27% *105 106 18% 18% 18% 18% 67 67 66% : 66% 4% 75'A 5% 100 * 102% *4 4 75% 5% 61% 63% 106'A *34 Gas 17 106 62% 106% 34% . 19 27"% 643/8 *34 United 20 *105 28% 103 134 134%- 136'A 107% 19 68'A United Sep 27% - 63 'A 68 22 20% Sep 27% 103 137 *106% No par : Mfrs > par fto ! 15% Sep 185 2,400 137'A 38% Aug 19 182% Sep 20,000 26% Gas Corp 11 100 50 51% Fruit 25 102 137% Co S 102 50 United U 100 360 No par United 18 92 91% preferred—50 Co 1 30% Jun 91% 90% 103% 50% Cig-Whelan Stores com—30c convertible preferred 100 1st *91 91% *101% .*90% 3,300 99 51% 26 & 113 *95 90'A 103% preferred $4.50 ♦112 99 51% Engineering & Foundry 15 99 113 *95 * 90% (Del) 1 United Dye & Chemical Corp com_l Jun 99 *101% United 107 99 *112 113 *95 25 of America & 263% 113 *95 No par 15% July 20 63% Anr 32% Jun *95 27 112 No par Corp 7% 26% 112 No par Electric Coal Cos 14% Mar 17 20,200 26% United 23 175 63% 83% 26% 13 35% Jan Jun $3.80 United Aug 23 16 15% Nov 27 159 United 6 5% Jan Jan 4% Jun 67 83 Va 26% Fastener United-Carr 63% 84'A 23 38% May 26 1,500 64 19% Sep 12 2,400 13,100 9% 26% Car Carbon 12 33'A 9'A 83% Air Lines Inc common United 12 32% 9% 64 $4.50 preferred United Board & Carton May 27 12% 33'A 26% 20 70 9% 84% 107% Apr Aug 31 33 64% 27 40 July 23 9% 83% series. Biscuit 9% 63% series Preferred 4%% 9% 6,500 84% Jan 103% Sep 12 33% 9% 13% 64% United 28% Sep 11 12 32% 13 Va 84% United 27 87% Jan 12'A 123/e 33% 13'A 64 24 28 21% Apr 1,300 54 9% convertible 5% 18,100 18 Va 54 84"% Aircraft Corp common United 3 27% 27% *17% *52 64'A $3.50 Tank 27% 27% i i 200 9% noncumulative 4% 800 84% Pacific RR Co common Union 72% 64'A series $4 69 67 5 Oil of California Union May 14 31% Apr 102% Jun 21% Dec 27 141 July 12 51% Aug 23 ia,700 20 Corp_\ $3.70 Preferred 7 " 25% 24'A 323/e Xl2 24% Carbon_)—No par RubberyCo $4.50 Preferred Preferred 24 <fc No par Elec Co of Mo common Union Aug 27 13 78% Jun 37% Jun 90 ;4 24 July 12 27% July 29 16 16 Underwood Corp 64% Sep 8 70% Feb 7 Udylite Corp (The) 29 10% Aug 16 Union ' 1 13% Mar 11 33% Sep 7 24 15% 45 18 12% 4,400 15% 54 17% 200 45 67 i. 27% 27% *52 9,400 15% 68 v j 118,600 45 24% " M0 % Sep 112 243/a 24% *53% 111% *43% 45 *67%) 27"% 17% *53 % 22 Va 15% £ 15% *43% 68% 68 *18 112% 112, 24% 24% 67% 1, Film new 112 15% *43% 24% 24% Twin,City Rap Transit, com—No par 5% conv prior preferred— 50 Twin Coach Co 1 111% *67'A 1 series of 1952 20th Century Fox 3434 18 i 15"% 44 600 25 -14% 19% 22% *24 5,000 '46% 34% 50/. Tung-Sol Electric Co common if 193% *17% 300 12 Va 1 V. 353/, 19 *11% 1,200 4% 86% 1% 19% - 7% 43 1 *102% 25 24'A *4 143% 23% 14% 12- 7V4 42% 47% 23% 46% . 7% 42% 4% *11% - 34% 15% 44 1 70 12% *4 4% 35% 22% No par — common 3,400 45 Va 41% 433/4 *4 20 22% 111% 111% Tri-Conlinental Corp common—-—1 1,500 16% *45 7%'" 73/a 7%' *42% 19% *18 No par Transue & Williams Steel ... 16% 16% 45% *12 12% *12. 35% V. 5 Corp! Airlines. Inc—i World Trans (The) Co Transamerica 1 21 % Dec 11% Jan - *12% ,, 43 *4% Associated Oil—A——10 Water 5,400 / *12% ,13 *7% 7% * 16% 5,300 9% 9% *45'A :45 V#' " 18 Sep 25 2 13% Jan 49 No par 1 common 29% Aug 11 8% July 61% Mar 26 97% Jan 27 -16 5% July 14 9 1% Mar 3% Aug 3 14% Mar 12 Co $2.50 convertible preferred/ ; * 600 55% 55 55% 16 16% 16 45% 55% '16% 16% 16% 134% 9% 9%." i 55% 553/8 55% * 9% 9% 16% v *45% . i Falr_ Thermoid 7 15,100 46% 10'A»10% 50 tThird Avenue Transit CorpjNopar Thompson (J R)_— 15 Thompson Products Inc common__5 ;4% preferred i —TOO Thompson-Stamtt >Co, com_lNo par '$3.50 preference ! No par Jan - 46% . 1 Oil $2.40 conv preference Mi ' J ') The July 30 8% Aug 17 44 39% May 17 - 10 No par Inc & , 40 1,600 77 ' " *15% 16 84'A $1.25 conv 'preferred 'No par -16 % Thatcher Glass Mfg Co common—5 16% May 17 47 16 17'A 80% 9 18% July 29 *15% 17% 77 20 17% Aug 15% 17 3,900 84% Textron 4 15% 17% * 5% 77% Texas 5 15% 15% ♦17 5% 5% 80'A 6 '7 30 115 5% 84 11% Aug 13% Jan 90%. *113 5s/# 80% 58% July 19 38% Jan *90 90% 116%, 5% 77 5 4 13% Jan 90% ♦114 5% 76 9 Mar 26 90'A 116 % 117%; 17 8% Jan 14% Mar 10 *90 ♦114 91 600 10 . Pacific ' 22 5 'A 16 17 147, *114% 5% *15% < 46% Mar Inc *90 118 i% 148 % 148% 91 *116 ; Utilities 152 6 16 580 148% *20 % certificates share Texas & 17 42% 1 Sulphur 12% May 20 4 16% 42% 50% Producing Co 42 35% Nov 17 _ 23 Texas 5 17'/a 43 25 Tennessee 4 500 16% 42% 8 30 Jan 35 ' 16% 9 24 5% Jan 15 14 730 20% Corp 21 80% Jan 5 5 % Oct 30% Sep 730 50 Vb (James) Sep * % 20% Corp__. 90% Sep 11 11 740 *710 43'A No par (conv) 81% Sep 4 Jan 39 t 7.50 com bo 40% Jan 57% Jan 740 16% 100 4.16% (The) Texas 34 : *710 43% No par $4.40 Symington Gould 4 725 25 4% Sep 36% Aug 13 47% Mar 3 725 740 5 preferred 97% Jun 14 740 50 Co Sylvania Elec Prod Inc 14 25 34% 4%. 75% 75% 5% 5% *105 106 27% '103 Va 27'A 100 23,400 103 Va 1,400 273/4 3,000 106 18 18% 65% 66 V* 1,500 18% 18% 66 % *34 4 4 75 75 400 6 20,400 200 *34 34% *34 '4 4 Va 4 4 Va 75 75% *9%- 26% 103 107 *65 % 34% 5% 62 ♦106% 2,100 *75 % 75% 6 5% 1,100 34% 6,000 6 5% 10 10'A 10'A 79% 78 70 77% 79 15% 15% 15'A 15% 2,600 15% 12 Va 12'A ^,500 51% *10 10% *9% 10 79% 79% 15% 15% 12'A 12'A 12 Va 12 % 12'A 12% 50 51% 32,700 50 50% 51% 51% 32 Va 32% 20,100 32 Va 32'/a 32 31% 32 Va 31% 373/8 1,800 *79 15% 120 31% 37% 51% 32 37% 50 % 37% 37% 37% 373/8 37'A 37% 37'A 14% 14% 30,200 15% 15 15 Va 15 14% 15'A 15 Va 15 2'A 2 Va 2% 9,600 4,100 51 2% 2% 71 71% *105 106 28% 28% 180% 183 *181'A 183 18'A 18% 70 70 2% 70'A 105 28% 2% 71% 105 28% 2 Va 70 2% 70% 2 Va 69% 105 *104% 106 *28% 29 28% 18?% 69 69% *105 105% 30 29 69% 105 2 9'A 1,200 183 183 1_,900 180% 184 ♦181 185 182 % *181% 183 *181% 183 *181'A 183 19, 19 18% 1,800 18 Va 18% 19 18 20 70 70 70 70 70 *69 Va 18 ♦69% *69 *181 Va 183 • \ 28 The Commercial and Financial Chronicle... (1348) NEW YORK STOCK RECORD 13% Nov 34 17% Aug 24 13% Mar 17 22 22% Jan 23 8% May 25 26 7% Feb 24 40% Mar 17 36% Jan 4 69 6 59% Feb 3 68 8 22 73/a Oct 14 57% Dec 11 Sep Jan 64 Mar JuJy 16 31% Sep 29 11 Jan 23 Sep 32% Feb 2 24 Oct 26 85% Jan 5 70% Jan 7 85 Sep 24 74% Nov 9 6 79% Jan 13 97 Oct 1 23% Aug 31 97% Apr 31% Jan '20% Jan 11 127% Sep 37 Oct 18 22 Oct 23 70 2 , 134% Jan 144% Mar 11 39% July 27 159% Oct 1 8 54 fl 67% Jan 2 37% Jan 4 Jun 3 Dec 31 66% Feb 2 54% Jan 13 64% Sep 33% Sep 15 44% Jan 0 39 Jan 11 57% Sep 144% Jan 28 143 Jan 4 U 135 Aug 31 160 28 Sep 24 Lines 8 Co Monday 1 15% *8% 67 % 8% 67% U •653/4 the Week Friday Oct. 1 Share* 15% 153/4 15% 15% 15% 8% *8% 83/4 8% 8% 100 65% 4,700 67 . 673/4 *653/4 65 663/4 30% 67 67 *653/4 65 663/4 *65% 2,600 67 30% x30 30% 31% 31 86% •85 86% '85 86% 85 85 94% *93 94 *93 94 94 94 95 97 '38% 39% 37% 38% 38 38% 37% 38% 28,600 155% 1563/4 156 157% 159% 2,690 29% 38% 154% 155 155 38% 155 31% 30% 31% •85% 158 13,300 50 87 170 50% 49% 50% 49% *61% 62% *61% 62% *60% 61% 300 57% 56 3% 57% 56% 57% 55% 56% 75,700 158% 158% 50% 51 50 63 63 63 56% 57% 56% 158% 159% 158% 50 51% 62% .No par common. Sales far Thursday Sept. 30 •8% 67% 67 PRICES 15% 83/4 100 Corp preferred Wednesday Sept. 29 16 50 Steel 7% 67 SALE •93 100 preferred 8 >8% HIGH •85 5 preferred 1st noncum 16 •65% Smelting Ref 6c Mln com—50 b 7% 15% 8% 20 10 1 10O 100 — U s Rubber Co common U Sept. 28 10 preferred U 8 Pipe 6c Foundry Co U S Playing Card Co U 8 Plywood Corp common 3%% preferred series A 3%% preferred series B AND Tuesday Sept. 27 Par „■ common 4%% 17 54 STOCK EXCHANGE Highest Lowest Highest YORK NEW Range Since Jan. 1 Tear 1053 Lowest « LOW STOCKS Range for Previous Monday, October 4, 1554 159 1593/4 160 50 159 3,400 160 2.500 - 17% Dec 10 21% Feb 26 16% Jun 24 18% Feb 35% Dec 4 39% Nov 9 35 Jan Jan 26 4 12% Sep 6% Jan 2 8% May 28 7 6% Dec 22 9% Mar 19 6% Jan 90 1% Nev 14 15 23% Dec • $6 convertible preferred No par United Wall Paper Inc common—2 Sep 29 28% *27 28 y2 31% 31 31% 34% Jan 21 42 38% Sep 50 preferred 8% 100 Universal Pictures Co Inc com 16 Aug 26 preferred Utah Power 6c Light Co 17 Van Norman Co 0 Van 5 % Dec 29 10% Jan 8 5 % Jan 4 23% Apr 8 31% Dec 29 30% Jan 8 136 124% Mar 26 4 4 Chemical 3 % % 40% 40% 40% 403A 40% 40 3/4 7,000 36% 36% 34% 36'A 34 35 19,600 16% 17 16% 16% 16% 16% 163/a 16 3/4 16% 17% 13,100 31% 31% 31% 31% 31% 31% 31% 31 31% 7% 6% 6% 6% 6% 6% 63A Co 49% 49% 49% 48% 49% 7 2.50 noncumulatlve preferred—100 Victor Chemical Works common 5 95% May 26 220 30% 48% •131% 5% 35% July Jan 2.300 79% 10 Vicks Shreve 6c Pacific Ry com_100 July 30 6 26% Jan 28% 79% 2.50 Raalte Co Inc Vertientes-Camaguey Sugar Co—6% Aug 27 277A 793A 36% 1 31% Aug 134 28'A •79% 36% 17% Oct 7 preferred *131% *131% 131% *131% 131% •131% 32'/a 32% 32% 32% 32% 32% *94% 97% *94% 951/2 *94% 95% 43% 42% 44V4 42% 8 123 Jan 4 47% Sep 14 152% Aug 30 Va-Carollna Chemical com—No par 130 % Jan 100 144% 144 Va 145% *1431/2 144% 273/4 Nov 17 27 Jan 11 33% July 28 145% 23 31% 32% 313/4 31% 5 1143/4 Nov 12 112% Jun 2 Virginia Elec & Power Co com_10 $5 preferred 100 114% 114% 92 July 20 1003/4 Dec 24 92 Jun 3 100% Oct 30 101% Jan 19 25% Dec 31 353/4 Feb 25 % Dec 106 Jun 4 Jan 2cr 99 2 25% Jan 4 28 30 Feb 19 25 % Jan 4 5 64 Dec 7 57 14% Dec 7 18 Mar 4 13 22 30 Jan Sep 14 70% Mar 11% Dec 22 27 Jun 23 30 29 preferred 100 104 Ry Co common 32 32 114% 115 115 104% - •102 104% 104 *102 100 23 25 8 10 20 Virginia *103% 104 31% 31% *102 104 44 70 32% *94% 95% 44 1443A 313/4 22,800 600 32 4,600 115 •1143A 116 •102 104 V2 *102% 104% 1033/4 104 104 " 2,000 46% 144 31% *114% 104% 104 I 145 31% 133 32% . 45% 44 145 115 4.000 170 104 620 31% 31% 29% 30 29% 30 29% 30 64% 65 64% 64% 64 64% *63% 13% 13% *13% 13% 13% 13% 13% *27% 28% *27% 283/4 ♦28 100 *65% 66 65% 65% *65% 12 27 Jan 42 $4.20 dividend preferred 1 Sep dividend $4 04 0 12 11% 11% 12 12 12 12 12 12 ■- 10 24% 25 25 25 25 25% 25 25% 25 25% 4,300 No par 69% 69% 68% 683/4 68% 68% 67 68% 66% 6% preferred Vlsking Corp (The) 71% May 19 16 Feb 1 Mar 25 May 17 26% Apr 6 15 18 103 Sep 105% Apr 31% Oct July 19 36% Mar Feb 115 div partlc preferred 6% *131% 32% 97% 15 5,000 483A •131% 32% Sep 2,400 6% 48 *131% *94% ; 100 63A 48 3A 48 *131 »/2 227% Jun 8 30 27% 793/4 37% 4 28 V* Jan 168 283/a 79% 36% 1 11% Jan 2,400 1.400 28 Corp of America new—1 Vanadium Oct 17% Mar 23 313/4 •164 168 *165 165 1% 28% 79 403/4 323/4 Mar 25 Mar 26 165 1% 6 *27% 31% • 283/4 403A 8 Vick 168 13A 1% 1% 79 *28% 403A 22 23 *165 1% 4,800 80 29 •79 40% 11% Dec 50% Sep 168 28% 100 No par 27 % Dec 7% May 19 •165 1 4%% 250 1% 163% *31% Sep 93 1% •15% *27 10 25 % Jan *92 1% 16% 13/4 28% Jun 112 92 1% •15% 31% 80 89. 92 1% 163A 28% 5 13 • *13A *15% 1% 18 30 92% 1% 163/. 31% 11 Mar 20 92% 93 1% *27% Jan Apr 92'A *15% 1% 18% Jan 126 Y 31% 63% Jan Nov 1.700 1% 28% 17 92 50 800 9% 9% 16% 1% 30 29 3,100 11% 1% 30% Feb 127 18% 36% 11% •15% •27% 19% Dec 28 18 •36 10 10 1 68% May 20 Mar 19 92 9% 1 3 16 167% Sep 17 29% Sep 7 7 34 92 9% 9% Universal Leaf Tobacco eom_No par 2% Feb 2 18 convertible 4% 9% 30% Mar 11 3 154 1 Sep 93A 9% 32% Sep 8 July 17 16% Oct 28 18 preferred Universal American Corp Universal-Cyclops Steel Corp Sep 24% Apr 11% 2% Aug 10 19% Aug 13 Feb 88 36% 11% 94 12 128 36% 11% 5 Jan May 29 125% Jun 3 18 36% 11% 4 14 125 17% *35% 11% 1% Jan 11% May 12 1% Jan 4 26% Jun 35% Dec 18% 36% 11% 73% Jan 22% Jan 167 18% 36% 11% United Stores $4-20 noncu 2d pfd-B 61 155 18 % 36% 11% Stockyards Corp 11% July 14 27 17 22% Jan 18% •35% No par noncumulatlve preferred 7% 18% 25 1 U 8 Tobacco Co common United 4 29% Mar 12 3 % May 13 32% Dec 9 31 Dec * Mar 19 31 1% Dec 15 21 * Mar 18 4 72% Dec 30 11 38% Mar 16 Vulcan 4 Detlnnlng Co common preferred 7% 31% j *31% 313A 29% 64 31% 2,000 29% 31% 293/4 31% 29% 3,300 64 *63% 800 133A 13% 13% 900 30 28% *28 283/4 283A 283A 66 *65% 66 65% 66 w 59 Mar 26 80 2 '68% Mar 18 13% Mar 10 11% Aug 2 13 Mar 29 % Jan 9 24 Jun 3 26% Mar 4 43% Jun 52 Dec 22 51 Jan 5 71% Sep 20 Feb 27 5% Jan 4 19% May 4 24% Jan 27 100 % Aug *8 Jan 19 9 104% Sep 27 preferred 3 21% Nov 24 Wabash RR 4%% 5 Dec 18% Jan 98 18 9 29 15 6% Sep 11% Sep 14% Apr 1051 15 15 24 21 23% Sep 28% Sep Jun 24 18% Dec 8 13% Jan 17% Apr 18 18% Nov 20 17 4 25% Jan 12 % 30 30% Jan Ward G 6c W Corp Warner Bros 20 22» Pictures Inc Warren Petroleum ia 35 10% 1,900 20% 20% 20% 20 % 20% 20 3/4 20% 21% 203A 21 Va 4,500 29% 30% 29% 293/4 293/4 29% 29% 293A 29% 29% 30 30 29 30 283A 28 3/4 •28% 29 Va 2,500 39% 383/4 393/8 383/4 39% 38 y8 38% 38% 39% 11,700 34 V2 34% *34% 34% 34% 34% 600 33 % 333/8 33% 33% 33 33 Va 5,100 17 Ve 17% 17% 18 * 17% 18 5,400 24 24% 1 29% 29% 38% Wash Water Power No par 33% 33% 33 y8 Sep Waukesha 17% 17% 17% 173% 24% *24 y8 9% Jan B 24% Aug 27 14% Aug 16 Wayne Knitting Wayne Pump Co 12% Mar 27 10% Jan 4 12% Sep Webster 19% May 14 10% 34% 33%" 8 30 Motor Co_ *24 ! 21% Sep 73% Oct 17% Nov 16 32 28 14 Sep 15 Sep Dec 1 28% Feb a 24% Jan B 1 84% Feb a 77% Jan 8 4 29% Jan 28% Jan SO 9 37% Feb 98% Jun 17 IO73/4 Jan 88% Jun 18 102 89% Jun 9 12% Nov 5 21% Nov 5 104 Jun Sep 29 B 17% Feb B 13% July 26 36% Jan 11 4 8 15 99 99% Jan 15 96 163/4 Jan 15 253/4 Dec 21 Jan . 8 6 West Penn 29 West Penn 4.20% Jan 7 103 4.10% 15 57% Mar 11 43% Apr 20 Sep 14 32% Mar 25 22 45 Jan 2 63% Mar 25 46% 8ep 14 673/b Mar 16 41% Apr 26 49% Jun 9 22 % Dec 30 39% Sep 91% Jun 15 52% Dec 1 993/4 Jan 37% Feb 16% Jun 126 Jan 18 8% Jan 22 May Mar 127 40% Mar 17 Oct 14 86% Mar 24 82% Jan 24% Dec 14 30 Jan 8 23 15 30% Dec 21 15 80 Sep 4 20 12% Jan 21% Dec 15 323/aApr 13 21% Mar 183/4 Sep 7% Sep 11 21 30% May 27 11% Mar 26 63% Oct 5 743/4 Mar 10 21% July 19 8 Feb 25 70 Jan 22 5 13% Jan 8% Nov 8 5 IB 24% Jun 17 293/4 Oct"T Apr 16% Jun 24 36 21 53 Jan 22 48 Jan 42% Dec Jan 7 Sep 30 22 5%% Prior 10% Sep 23 Wilson 8c 76 Sep 30 12% Fab 19 33% Aug $4.25 1 14 23 45% Jan 6% 21% Aug 3 55% July-23 30 40% Apr 35% Mar 17 30% Jan 4 77% Jan 4 92 Jan 7 177 Jan 13 6% Jan 22 31 Sep 14 Jun 39% Apr 23% Apr 15 20V4 Dec Sep 14 11 Dec 31 02% Dec 29 3% Oct _ yo., 49 2 11% Jan Jan 0 83% Jun 5% Apr 13 84 1J111.CB, a Name changed 20 May 38 Jan 39% 67 87 19%>. 18% 19 y8 15% 16 15% 16% 45 88 18% 18% 16 16. 15% 15% 15 «/8 490 , 15% , 44'A 44% 44% 44% 44% 45 111 112 *111% *102% 104 *102% 104 *102 »/2 104 *102 103% *102 103% *102 103% ♦102 103% *102'A 103% 12 3A 13% 323/4 12% 313A 33% *108 109 13 13 32% 323/4 *108 109% 12 123/. 123/s 12 % 111 49% 493A 48% 49 25% 25% 25 *108 11% 49% 49% 49% 60 59 56% 57 % 233A 23% 73% 74'A 58% 1093/4 103% 103% 23% 23% ♦129 • —— r 109 3/4 13% 32'A 109% 12 112 13 »/8 43% 131/4 13'/a 323A 323A 12 *108 12 6,408 120 13% 3,700 32% 32% 109% *108 44 Va 6,300 109% 11% 11% 4,700 49 % 49 48 3/8 49% *49% 49% 2,400 24% 25 rl09% 112 24% 24% 243A 24% 25 Va 2,000 *48 49% 58% 49% 58 58% rllO 110 1103A *48 49% 483A 48% 700 57% 56% 57% 5,500 106'/a 57 1061/b 106'A 106% 2,900 553/4 56% 55% 56% 55 55% 55 55% 23% . " 23% 23'A 23% 233/8 23% 23% 233A 17,200 73% 75 733A 75% 73 74 72 733/8 59,900 *1023A 103% 233A 233A 103 • 23% 103 • 23% *129 ♦129 433/8 433A 43 43% 92 92% 923/4 923/4 26% 26% 27 y« 27y8 32 32% 31% 321/a 933/4 94 933A 103% 1031/4 24% 24% *129 —— 431/B 43% 92% 93 921/4 92% 27% 273/8 273/8 313A 32 31% 31% 933/4 931/4 93% 921/a 921/2 *27 43% 423/a ♦102% r 24% 15,100 103 400 •24% ; .; 2,300 •129 42% 423/4 92% 6,100 93 *27 420 27% 500 31% 313/4 7,900 92% 93 490 8% 23% 8 8 7% 24 24 *233/4 24% •233A 24% 22% 223/4 22% 22% 22% 22% 22% 22 3A 1,600 No par 103/a 10% 10% 10% 10% 10% 10% 10% 9% 10% 16,200 No par common *75% 76 76 76 10 10 100 Service Corp 10 78 8 *75% *75% 78 9% 9% 9% 9% 9% 9% 18% 18% 18% 18% 18% 18% 32 % 32% 321/a 142% *141% 142 % 20% 20% 20% 20% 54 543/4 32% *141 541/2 32% series—100 No par B *161 165 89 89 9% 9% *156 89% 32% 32% 142% 142% 20 3/8 203/B 20 3% 5,800 543/4 54% 55 55 55% 2,600 44% 44% 443A 44% 44% 31,400 43 42% 43% 43% 433A 7,700 91% 91% 91% 91% 92 *156 *89 9 9 162 89% 9 47% 47% 47 44% 45% 22% 221/a 22% 22% 22% 543A 54% 54% 54 54 23% 23% 231/2 23% 231/e 23 y« 55 Ve 56 55% 563/4 55% 55% Youngstown Steel Door No par 13 13% 13 131/4 13 13 No par 71 Va 71% 71% 71% 71 y8 71% 1 63/4 7y8 6% 7% Radio Corp Corp petition has wd When been liiea distributed, lor x •; jne company's reorga: Ex-dlvidend. y Ex-rights. 1,900 32% 142% 22% Products 100 1,000 10,700 42% 89% 46 - 9% 18% 20% 543/, 2B convertible 76 9% 18 20% 142% 1 Towne Mfg Co Corp common 6c 500 44% 164 9 323/8 *74% 2,600 90% 45 90 % conv 9% 18% 7% 543A 433/4 90% 9% 18 7% 20% *141 543A 44% , 321/4 8 , 6% 7 •141 •156 162 ►160% 89 88% 180 89 9% 10 162 89 10 9 9% . 1,000 13,200 45 453/4 46 46 22 Va 22% 22% 22% 55 54% 55'A 23 233/„ 23 23 Va 52% 55% 52% 533A 55,600 13% 13 y8 13% 1,500 71% 71% *54% 6 3A b Name 7 *13 71% 6% , 2,500 .. 8,200 ^ . 700 1,100 72 3A 3,200 6% 7,900 • Y ".A ; Y 3,700 3,600 112 104 42% or Y. 4,300 *102% 44% 91% sales, 18% •110'A 44% Cash 88 18% 104 preferred BO Young (L A) Spring 6c Wlre_No par Youngstown Sheet 6c Tube No par r 39 87 110 110 433A receiversnip, 38% 18 3A *102% 44% 4%% 39% 88 183/8 39 *87 * *90% Zonite Corp. 443A Y ' 10 Zenith un , 39% 87% /. 23% (F W) Co 7% May 20 oay. . 39 • 8% Grocery Co new—1 Public 77% Aug 10 Chemical : , YY 10 Tale Aug. 3 14% Aug 16 ims 39'A 88 19% 300 23 Vs Co Lovett 9 on 39% 86% 1,400 23% preferred York 65 baie 38% } 500 , 8% preferred 4% Feb 20 uv 12% '23% 23% 23 y8 Wyandotte Worsted Co 60% Apr 13 26 y8 July 26 from Mathleson *12% 23% Wrigley (Wm) Jr (Del) 27% Apr 28 Inc Prior pfd 4%% May 21 13 21% Sep 51% Jun •*""* inc. Jan 1 16% Jan 31 34 37 1 13% 123/8 Worthington Corp common No par Prior preferred 4%% series—100 21 90% Aug 12 10% July 29 53% Mar 9 34% Jan 13 47% Jan 5 9 13% 12% Woolworth July 21 10% Sep 13% 123A Woodward Iron Co Aug 17 47 Co Wisconsin 48% July 21 86 11% Mar 17 13% *12% 6,900 5 1 20 Co Wilson-Jones 2 142% Oct 77" 100 Wisconsin Elec Power Co com 6 8 15 10 1 Winn & 10 Dec 20 8) 20% Aug 11 21 116 100 12.50 Corp preference Oil Sep 82 Inst White bewmg Machine common Wilcox Sep 8ep 130% Mar 16 10 preferred 18 75 14 71% May 12 6% Dec 31 10 .12% com. preferred series B Elec Jun 26 101 Electric 26 39% Jan Mar 19 No par 100 com 10% Aug 16 27% Aug 16 Jan 137 RR White Dental Mfg (The S White Motor Co common Aug 10 18% Jan 2 19% Dec 8 28% Jan 2 Sep 135 10 4 9% Apr 18 126 Jan 95 1 10 100 Wheeling 6c Lake Erie Ry 100 Wheeling Steel Corp com No par $5 conv prior preference—No par 29 36% July 28 11 85% Mar IB 4% Dec 3.80% 27% July 27 Jan Pacific Weston 44% Aug 10 27 Inc Supply Co Westinghouse 27 25% May 10 Lines Westinghouse Air Brake— 30 Sep Air Auto 5 Western Union Telegraph 26 93 B 100 Preferred series A 17 24% Sep 100 preferred,—^po 29 129% Apr 100 6c Coke Western 14 57 % Sep Virginia Coal Western 27% Aug 20 75% Sep 103% Sep 100 Western Maryland Ry common 4% noncum 2nd 3 4 No par Co preferred series C Western 12% Sep 24 52% July 23 27% Aug 4 53% Jan 19 61% Sep 110% Sep Electric Power 4%* pfd preferred series B West Va Pulp Ac Paper com 4%% preferred 4 6 May 14 30% May 4 30% Sep Mar 4 98% May 5 18% Mar 17 4 West 36 Va Aug 12 110 50% Jan 4 127 11 Sep 17 14% Aug 17 35% May 22% Jan 12 10 4 27 Apr 28 96% Jan 3 14 4 Sep 4 13% 123/. 2.50 preferred—No par Kentucky Coal Co Aug 123% Jan 99% Sep a 48% Aug 13 29'% May 18 West 45 Aug 10 13% *12% 1 25 104% Mar 31 15 May 14 West Indies Sugar Corp. 17% Jan Oil 61 Snowdrift com convertible 112 8% Sep 43% Sep 90 $4 7 9% May 20 105 % Wesson 90% Aug 12 207/a Aug 12 4 23% Jan B 133/a 12'A Co_ 40% Aug 25 ,i 24 13% 24% 13% 23% 13% Investment Jan 104% Jan Jan 109 16 30 12% ■ 8 10 120 , 10% 34% 35 2,600 ; 10% 34% 4 21% 105 10 y2 *34% 14 10,400 8 21% *104 10% par 13% Jan 73/4 21% 104% •104 , 10% No 25% Jan 8 7% 213A 22% 104 Vi 800 2,900 . , 10% Washington Gas Light Co Mar 16 73A 22 *104 Aug 10 Sep 7 17% Apr 9 243/4 Mar 23 13% Feb 25 30 7% 7% 22% IO5 67'/a ; 300 10% 3 Pipe Corp 104 Y •10% No par Foundry 6c Warren 31% Feb 22 % 104% 104 B Warner-Hudnut Inc 15 40% Aug 16 7% 22% 22% 1 100 1 — 7% 7% 2.50 Co Baking Co common preferred War dell July 15 Sep (Hiram) 5%% 30 * 4 Co Walworth 21% Sep 11 30% Jan 31% Dec 9 Jan 33% Mar 19 Walker 8% Mar 30 19 37% May 14 Sep 14 Sep 14 13 May 12 Feb 4 9% Mar 14 29 ' 25 2 Sep Walgreen changed from Royal Typewriter V The Commercial and Financial Chronicle Number 5365... Volume 180 Bond Record itMiic letters the column la headed WEEKLY - "Interest Period" YEARLY - Indicate in eaeh Figures alter decimal point represent the month when case one or more 32nds of a Highest Lowest Monday NEW YORK STOCK Sept. 27 Range since Jan. 1 Lowest Highest Year 1963 EXCHANGE Low AND Tuesday ; Low SALE HIGH Wednesday Sept. 28 High the Sonde mature. point LOW GOVERNMENT BONDS Range for Previous PRICES High Low Thursday ... High Friday ..' Low the Week High Bonds ($) Treasury 3 Vis 102.4 Feb 102.4 16 Feb 1978-1983 110.20 ♦110.14 110.18 110.16 *110.14 110.18 *110.16 110.20 Treasury 16 27/aS 1955-1960 *101.2 101.4 *101.2 101.4 *101.1 101.3 *101.1 101.3 *101.1 101.3 2%s 1956-1959 *103.24 103.28 *103.22 103.26 ♦103.22 103.26 ♦103.22 103.26 ♦103.20 103.24 *110.16 *110.12 Treasury 2%s Treasury 23/4s 19 1961 *103.12 103.16 *103.10 103.14 *103.12 103.16 *103.12 103.16 *103.12 103.16 *105.24 106 *105.24 106 *105.24 106 ♦105.24 106 *105.24 106 1960-1965 *108 108.4 *108 108.8 *108 108.8 *108 108.8 ♦108 108.8 1956-1958 *101.24 101.26 *101.24 101.26 *101.24 101.26 *101.24 101.26 *101.24 101.26 1958 *102.22 102.24 *102.21 102.23 *102.22 102.24 *102.21 102.23 *102.21 102.23 1961 *101.20 101.24 *101.18 101.22 *101.20 101.24 *101.20 101.24 -*101.20 101.24 2 Vis 1962-1967 *100.26 100.30 *100.26 100.30 *100.26 100.30 *100.28 101 *100.28 Treasury 2Vis Treasury 2Vis Feb 1958-1963 Treasury 2Vis 108 19 Treasury 2%s Treasury 2Vis Feb 108 1963-1968 *100.10 100.14 *100.8 100.12 *100.10 100.14 *100.12 100.16 *100.12 100.16 June 1964-1969 *100.4 100.8 *100.4 100.8 *100.4 100.8 *100.4 100.8 *100.4 100.8 *100.2 100.6 *100.2 100.6 *100.2 100.6 *100.2 100.6 ♦100.2 Dec 15 Treasury 2Vis Treasury 100.12 Aug 25 100.22 July 100.12 Aug 25 Mar 25 \ 94.8 Mar 25 95.20 29 6ct~23 98.29 Feb 95.20 Oct ~23 V Treasury Treasury Treasury Treasury 15 2 Vis 2 Vis Dec 1964-1969 1965-1970 *99.30 100.2 *99.30 100.2 *99.30 100.2 *99.30 100.2 2Vis 1966-1971 f 99.30 100.2 *99.30 100.2 *99.30 100.2 *99:30 100.2. June 1967-1972 *99.28 100 ♦99.28 100 *99.28 100 *99:28 loo Treasury 94.8 Sales for .. Oct. 1 Sept. 30 Low High Sept. 29 , Treasury 104.16 Dec 99 .24 May 12 29 New York Stock Exchange «» FRIDAY The (1349) 2Vis Sept 1967-1972 ♦99.28 100 ♦99.28 100 *99.28 100 *99.28 100 2Vis — 101 100.6 *99.30 100.2 *99.30 . 100.2 *99.28 :;r 100 *99.28. 100.2 . ~ Dec 1967-1972 Treasury 2Vis *99.28 100 *99.28 100 *99.28 102.3 *102.1 102.3 102.4 *102.2 102.4 101.14 *101.11 101.13 100.20 *100.16 100.20 *100.16 100.20 *100.16 100.20 100.12 *100.10 100.12 *100.11 100.13 *100.14 100.16 *100.13 100.15 *100.13 100.15 100.16 *100.14 100.16 *100.13 100.15 *100.13 100.15 102.3 *102.1 102.3 *102.1 102.3 *102.1 *102.2 102.4 *102.1 102.3 *102.2 102.4 .; *102.2 Treasury 2 Vis —1956-1959 *101.14 101.16 *101.13 1QJ.15 *101.12 101.14 *101.12 Treasury 2 Vis June 1959-1962 *100.16 100.20 *100.16 100.20 *100.16 100.20 *100.16 Treasury 2 Vis Treasury 2Vis Dec 1959-1962 *100.16 100.20 *100.16 100.20 *100.16 100.20 1960 ♦100.12 100.14 *100.10 100.12 *100.10 1954 *100.14 100.16 *100.14 100.16 Dec 1954-1955 *100.14 100.16 *100.14 1957-1959 Treasury 2%s Treasury 2%s 99.14 Oct 99.14 Oct 23 23 99.20 Feb 99.20 Feb 15 15 June 15 Treasury 2s Dec JTreasury 2s International Bank 1958 *102.1 for Reconstruction & Development ' 90.16 Jun 17 94.16 Jan 2 94.8 Jan 7 100.8 Aug 9 25-year 3s July 91.25 Apr 16 94 July 20 93.8 Jan 4 100.8 Aug 12 25-year 3s Mar 92 Jun 15 96 Nov 94.24 Jan 6 102.16 Aug 9 30-year 3 Vis Oct 95 July 98 Dec 1 2 102.8 6 101 Oct 26 101.24 Feb 23-year 3%s 19-year 3Vis May 15 1975 Oct 15 1971 100.24 Nov 4 101.16 Jan 13 101.20 Feb 1 2 - 97.16 May 12 30 100.16 Nov 4 Feb 101 Apr 104.12 Mar 10 11, 103 Sep 9 15-year 3 Vis Serial bonds > *99.12 99.24 99.24 99.24 *99.16 99.28 99.24 99.24 1 1976 *99.12 99.24 *99.12 99.24 *99.16 99.28 *99.16 99.28 1 1981 •101 101.16 •101 *102.16 101.16 *101 101.16 6,000 100 *99.16 *101 101.16 100 *99.16 15 1972 101.16 *101 103 of *102.16 103 *102.16 103 *102.16 103 *102.16 103.16 *103 103.16 *102.24 103.8 •102.24 103.8 *102.24 1 1956 ♦102.4 102.16 *102.4 102.16 *102.4 102.16 ♦102.4 102.16 *102.8 102.20 Jan . 103 *103 Oct 3-year 3s 104.24 July 15 100 *99.28 100 *99.28 100 1 1969 *103 103.16 •103 103.16 *103 103.16 *103 103.16 103.8 103.8 101 *100 101 •100 101 103.8 1,000 1950 2s due Feb 15 2s 1955 *100 ►100 101 101 *100 100.24 *99.24 *99 100.16 *99 *98 100 •98 *99.24 100.24 *99 100.16 100 *99.24 100.16 199.24 100.16 100.24 100 *98 100 due Feb 15 1956 *99.24 100.24 ♦99.24 2s due Feb 15 1957 *99 100.16 *99 2s due Feb 15 1958 •98 100 *98 2s due Feb 15 1959 ♦97.16 99.16 •97.16 99.16 *97.16 99.16 *97.16 99.16 *97.16 99.16 2s due Feb 15 1960 ♦97 99 *97 99 *97 99 *97 99 *97 99 2s due Feb 15 1961 •96 98 ♦96 98 *96 98 •96 98 *96 98 2s due Feb 15 1962 ♦95 97 •95 97 *95 97 •95 97 *95 97 ,V * *Bld and asked price. No sales transacted this day. ^Treasury 2s of 1951-1955, entire issue called for redemption RANGE Friday BONDS ' Interest New York Stock Exchange Period or Panama Range Since Sold Odd lot transactions, No. High Low High BONDS ■ Brazil Quar-June 113 113 113 113 (continued) Period • Transit Unification 'Issue— - 105 It 19— 3%s series No. 22 105 51 105 31 28 98% 10613 3%s series No. 23 ! • : 3%s series No. 24 —— 3%s series No. 25 3%s series No. 26 3%s series No. 27 3%s series No. 28 3%s series No. 29 Foreign Securities - Members , REctor 2-2300 120 Teletype Now York Stock Exchange < NY 1-1693 Broadway, New York AExternal A 6s sinking fund 1960 6s 1960 — AExternal sinking fund 6s Feb Foreign Government and Municipal Agricultural Mortgage Bank (Columbia) — f A Guaranteed sinking fund 6s 1947 Feb-Aay 5 A Guaranteed sinking fond 6s 1948 April-Oct Akershus (Kingdom of Norway) 4s 1968—Mar Sep lAAntloqula (Dept) collateral 7s A 1945—Jan-July lAExternal sinking fund 7s ser B 1945—Jan-July lAExternal sinking fund 7s ser C 1946—Jan-July lAExternal sinking fund 7s ser D 1945—Jan-July AExternal sinking fund 7s 1st ser 1957-Aprll-Oci AExternal sec sink fd 7s 2nd ser 1957-April-Oct AExternal sec sink fd 7s 3rd ser 1957—April-Oct Jan-July June-Dec Jan-July 20-year 3s s f $ bonds 1978 "Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 10-year 3 Vis 1956 i : : 10-year 3 Vis 1957 20-year 3%s 1967 20-year 3Vis 1966 15-year 3%s 1962 — IA Bavaria (Free State) 6 Vis 1945 Belgium (Kingdom of) extl 7s 1955 ABerlln (City of) 6s 1958 Feb-Asp —June-Dec -June-Dec June-Dec Feb-Aug Feb-A up June-Dec June-Dec (U of) S external 8s June-Dec 1941 Stamped pursuant to Plan A (interest reduced to 3.5% ) 1978 June-Dec s f 6 Vis of 1926 due 1957 April-Oct AExternal Stamped pursuant to Plan A reduced to 3.375%) 1979 AExternal s f 6Vis of 1927 due Stamped pursuant to Plan A reduced to 3.375% ) 1979 IA 7s reduced 6% to 3.5% ) — 87% 87% 87% —— ''mlL'*' 87% 1 *87% • ' —— ' 55 54% 75 __ 55 18 103 Va 103 % 101 Va 101 % 100% 88 Vi 43% 101% 102 18 100% 101 101 48 57 % 106% 102% 99% 101% 101% 101 100% 100% 100% 7 97 100% 100% 100% 100% 57 97 101 % 100% 100% 101 81 *134 Va 134% 107% 107 Va • . 70 70 80 62% Aprll-Oct April-Oct 1957 63% 97 ♦95 — A6 ; AOuaranteed A 8s A 6s AChlnese | A Cologne A Colombia 9 60% 63 .* 95% 6 90 101% 59% 68% 92 ' 99 8 63% 59%. 66 92 — 100 A 6s *63% *95 % 60% 94% 3s ext sinking 61 1978 June-Dec ♦62% — 67 88% 1 * 83 6 78% 77% 83 9 76% 84% 77% 85% 77% June-Dec 83 June-Dec ♦82 3 June-Dec 3%s series No. -June-Dec 3%s series No. June-Dec 3%s series No. —— -June-Dec 3%s series No. 12 —June-Dec 13 3%s series No. 14_ June-Dec 15- June-Dec 4 89 90% 82% 4 78 84 88 4 87% 88 91 104% 56% 103% 103 54% 7 44% 103% 55 102% 103% 5 94% 100% 94% 100 % 54% 100% 100% 100% 99% 100 Va 44 *54% ' 55 ai.- 63% _tjv ,: *66% 62% 38% *66% 38% 63% 1 63% 38% 41 36% 40 % 66 68 Va 38% 39% 38% 40% 39% *66% *40 39% *40 *66% 63% v 40V4 68% 40% 38% *40 *66% 64% — -38% __ 6% 12% *9% 1 90 1 81% 90 90 90 6 80 119 Va 105 *119 138 105 119V# 119% 67 99% 64 72% 73% 63% 53% 72% 63 % 75 74% 102% 102 74% • 100% 100% 2 99 Va 65% 2 44% 56 56% }10% 110% 6 41% 65% 56 V# 110% 4 100% 100% 100% , 107 36 88 93 81% *82 82 Va 3 76 85 78% MARKETS i PARL MARKS & CO- INC. FOREIGN SECURITIES 83% 50 Broad SPECIALISTS St., New York 4, N. 83% 78% 85 *86 *82 — SECURITIES .* ... 90 92 88 77 85 ♦82 85 79 85 Telephone HAnover 2-0050 69 40% 20 % 108 % 136% 138 Feb-Aug June-Dee -Map-Nov Jttay-Nop Apr-Oct Jane-Dee FIRM TRADING 66% 38% 64 V* — — *40 FOREIGN 67 __ *66% 119 V# 40% 66% 40 V# 92 67 67 ♦40 *40 41 67% 39 v -*66%, ■*40 April-Oct 66% 63% 1 *40 68 40% 64% 66% 66% May-Nov 40% 38% *66% *40 39 40 V2 68% 38% 2 40% 40% - 66% 62% 70 *66% "*40 56% 40 •40 95% — 90 82% June-Dec 3%s series No. 18_ ■' 90% *86 — 90 June-Dec 3%s series No. 17_ 4 88 •91 -June-Dec 3%s series No. 81% 90% i» —June-Dec 3%s series No. 16_ 83% 82 —— June-Dec 8%s series No. 11 84 81V» ' __June-Dec -June-Dec •82 —— —June-Dec 3%s series No. 3%s series No. 3%s series No. 104% 102% 86 1 2 3%s series No. 10. 102% 8 84% 82% (Plan B)— 3%s series No. No. 2 104 For Financial Institution» 65 65 Aprll-Oct 3%s series No. series 104 Jan-July 4Vis external 1977 84 104 65% funding bonds of 1931 due 1951 (interest 3%s 79 *85 fund dollar bonds 1970—April-Oct (Republic «{) 86 104 Jane-Dec Mar-Sept 1961—Aprll-Oct Sinking fund 7s of 1927 due 1947 IA Copenhagen (City) 6s 1952-.. 25-year gold 4%s 1963—i——i IA Costa Rica {Republic of) 7s 1951 2s ref $ bonds 1953 due 1972 * 83% 80% 90 Mar-Sept IA 90 80% * 104 May-Nop, April-Oct April-Oct Feb-Aug —Feb-Aug 1961 87 81 % .7 (Interest Stamped pursuant to Plan A reduced to 3.375%) 1979 Externa] dollar bonds of 1944 85 68% 59% 92 83 80% 87 81 81% : 104 May-Nov 5s 1951 81 83 Mar-Sept 1960 1 103 — fund 6s 1962— 1962 Jan 85 % 82 *85 April-Oct (City of) 6%s 1950 (Rep of) 6s of 1928 Oct 1927 96% 90l/2 77% ~4 •*' 67 — 66 — of 1961 1960 (Hukuang Ry) 83 83 1 f AColombla Mortgage Bank 6 Vis 1947 April-Oct IA Sinking fund 7s of 1926 due 1946—May-Nop Cuba — assented assented 109% 1 6s 1961 AChllean Consol Municipal 7s A 7s 83% 92% Jane-Dec sinking fund assented 79 *82 June-Dec Jane-Dec * Jane-Dec 1961 AGuaranteed sinking 1 ♦89 May-Nov 1993 88 83% 87 —May-Nov bonds 3s $ 78% *82 Aprll-Oct 1963 fund 6s 1963 assented A6%s 134 80 sinking fund High 1 *84 Va -Jan-July Mortgage Bank 6%s 1957 Vis assented 1957 101'/a (Interest April-Oct June-Dec sink 107% — 63% Extl AChlle Low No. High 82 1961—Jan-July 1962 assented assented 106% i — 63 101% 100 6s A 6s Jan. 1 Sold 88 83 1961—Mar-Sept Mar-Sept sinking fund 6s 1962_ Aprll-Oct- AExternal 18 ' 80 *95 — ■ 71% *95% — 32 101% A A Range Since Bonds *96 sinking fund 6s Sept 8s assented Sept 1961 AExternal 88% ' 19 1961 1961 ARy external sinking fund 6s Jan A 6s assented Jan 1961 ' 88% 85 75 — *87% . 103% 87% 71 74 Vi __ assented Feb AExternal 85 71 2 *87% 88 % 75 «. 100% 83 Vi *87% *87% '■ — (interest 1952 (Central Ry) Stamped pursuant to Plan A 99% *100 ■ . — 108 108 — April-Oct |A6Vis externa] loan 1950 IA Brazil A 6s . — 1942 assented • 83 % June-Dee June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec (City) IA 7s assented Friday's 88 sinking fund 5s 1957 Mar-Sept Sinking fund gold 5s 1958™ Feb-Aug Caldas (Dept of) 30-yr 3s s f $ bonds 1978-Jan-JuIy Canada (Dominion of) 3 Vis 1961—— Jan-July 25-year 2%s 1974 Mar-Sept 25-year 2%s 1975 Mar-Sept Cauca Val (Dept of) 30-yr 3s s f * bds 1978_Jan-JuIp JAChile (Republic) external s f 7s 1942—May-Nop Wertheim & Co. Telephone — 3%s series No. 30 Brisbane or Bid Ac Asked Low ' rsnerDec Registered bond transactions. r Week's Range Last Sale Price — 3%s series No. 21 1980—— sale, e Cash Interest • *■' 3%s series No. 20— York City Corporate Stock a New York Stock Exchange Jam. 1 3%s series No. 3s-1961 4-""New 3% 15, 1954 at 100. on Dec. . OCTOBER 1 ENDED Issue— Canal ' Friday Bonds Friday's Sale Price ...Bid & Asked Low Territorial WEEK r Week's Range Last ■ FOR , Y. Teletype NY 1-971 71 61 114 Va —V The Commercial and Financial Chronicle... SO ^(1350) NEW YORK RANGE Friday BONDS Interest ~ Sale Price or (Dept of) Czechoslovakia (State) Hi oh 6%) extended to 1960 Denmark (Kingdom of) extl Called Aprll-Ocf April-Oct 3s f dollar bonds Jan Jan-July Jan-July 1976 1 1976 1 AEstonia (Republic of) 7s 1967 SAFrankfort on Main 6'/2s 1953 99% 7 43 104% • 80 *79 *71% . —Jan-July May-Nov ,58% „ __ 14 *11 __ 139>/4 65 __ 100 % 13 — 105 5 137% 139% 80 loan of 71% 17 dollar bonds April-Oct 53% 1972 48 30% 68% 84% Prussian bonds 1953 53% 53% 17 45 57% 65 66 37 58 66 61% 1963—Jan-July due 62% 19 55% 67 61 V\ 72% 162 63 44 45 57% 100% 101% 24 82 % 1980 June-dec 72% 72 bonds 1972— June-Dec 53% April-Oct 101'/a C 53 (extl loan 1924 Dawes loam — § A7s gold bonds 1949 German Govt International (Young loan) due 1930 102% May-Nov 1962 secured external 6%s due ASllesla — 76% 69 90% 90 90% June-Dec May-Nov 1962 mtgjTs 95% §A 6J/2s Elec Power— 1st & gen mtge *164% Jan-July Jaw-July 1950 6»/2s due 1950 extended to 1960_____ 156% — s — 165% 98% — *100 A7s paid 1964-, A6s part paid 1968 §A Hamburg (State of) 6s 1946 Helsingfors (City) external 6%s I960Italian (Republic) ext s f 3s 1977 part Italian Credit Consortium 30-yr gtd 8 A7s ext series Italian 100% Feb-Aug April-Oct 56% Jan-July 55% *93% 18% 104 5 45% f 3s s 7s 1977— Jaw-July Jan-July 1952 Japanese (Imperial Govt) — A6%s extl loan of '24 1954 1954 extended of loan to 57% 51 56 56% extended 1965 79 52% 95 % 103% 93 1st 1964 to 160% 160% 95% 95 % 95% Feb-Aug AJugoslavia (State Mtge Bank) 7s 1957 (Colombia) 6V2s 1954 30-year 3s s f $ bonds 1978 *139% June-Dec 1975 87 87 129 — 85 1st *54% 55% Mexico (1942 of 9% - 1899 1945—Quar-Jaw 27 27 16 17% 16% 17% 16% __ 17% 8 A Large 8 ASmall I l assented new (J942 agree'I,) 1963_Jan-July 16% 16% 25 16% 16% 5 3 ■"16% ALarge ASmall A4s of due A4s 5A (assented of June-Dec assented 1910 ment) 17 agree'!) 1922 to 1954 new 4s — 1904 (1942 agree'!,) (assented to *9% 1968—Jan-J«ly 1922 9% 10 1945 due 1913 (assented Mlnas Geraes °15% (1942 (State) 1963_Jan-J7t!y agree't) . 6%s 16 15% reduced to 15% 15'/a ex'l Stumped 2%s 102 reduced to 16% 19 16% 18% 102 92% 6 Plan 2.125%) A 19 *38 Oslo due 1958 1952 (City) (30-year) extended 40 % sinking fund § APernambuco (State of) 7s Stamped pursuant to to oc A A Nat loan extl ANat loan extl 8 A Poland s s 6s 1' f 6s (Republic of) A4j/2s assented assented 2nd 33% — 1 1966 reduced stamped (interest to 2.375%) to de Janeiro (City of) 8s Stamped pursuanfTo Plan . secured 6%s §A8s external loan of 1921 reduced A6s external to 2.5%) to 139 41 Stamped pursuant reduced 7s to to 2.25% ) Plan | A Rome (City of) 131 1 For footnotes see page 33 99 103% 78% 10 71% 104% 104% 33 1033/4 105 y« 100% 100% 2 98% 100 V* 78% 78% 104% 100 % 103 78% 102% 103 52 1013/4 100% 100% 28 100 V* 101% 106% 106% 106% 4 1043/4 107 *96 98 93% 104% 97% Jaw-June 72% 71% 723/4 456 62% 723/4 Feb-Arzg 953/i 95 95% 36 91% 97% debentures 1987 100 1980 —: 130 84 y8 77 y8 1 118% 130 3 703/4 76 „ 99% __ *37% 39 66 debs conv 65% 65% *65% — P Arbor Products W 100 13 *12y8 Co Line Coast mortgage 4%s Gen mtge 4%s ser ..—June-Dec C 1972 2%s debentures Jaw-July 55% 66 y» 55 66% 10 8 , and 5% series B 11% — March 1 March 1 1996- 15 12 Ref and general fixed and 3%% 42 1 mortgage Refunding 1 74 74 1 67% 79% 73 73 1 68 79 4 127 152 *58% — — 56% 41% inlerest) 56% *40% 333/4 42 55% 55% 1 51 55% 36% 37% 19 31 38 -April-Oct (interest • /8 — 68 jJune-Dec June-Dec ^60% - 403/4 May-Wow *40% 403/4 First lien (interest June-Dec *41 April-Oct *98 42 43 91 "I 83% 73% 73% 1 101% 101% i 97 101 __ 2 103% 80 83% 66% 101 73% 103 122 122 123 117 117 27 117 124% 6 111% 119 103 % 103 % 2 101 103% 109% 109 '/2 8 106% 109% 104% 104 y2 117 2 101% 104% 103% 105 ■ 109% *1043/4 __ 100 100 *— —— — 105 5 96 103% 101 106y4 68 99 % 105 ABerlin City Electric § A6 %s i s s f 6s debentures 101 993/a 105% 86% 71 743/e 88% 58 73% 88% 86% 66 73% 88 — 96% 96 96 MJ 28 86% 97 May 74 72% 74% 229 64% 77% 98 97% 98 90% 90 90% 88 88 98% 6 93% 100 38 79% 93 88 1 78% 99% 3 108% 108% 1 107% 30 94% A 1980_Jan-July 1985—Jan-July debentures Bethlehem Steel 99% 108% ' 98% X June-Dec Feb-Aug 1959 98% 90 90 99% 109% 983/4 106 99 100 7 72% 110 109 April-Oct, 110 16 77 110 106 110 3 79 113 7 97 100% Corp— mortgage 2%s scries I Consol mortgage 2%s series 1970 J Boston mortgage 5s First mortgage 5s 60% 62 First 37 41 1976 —Jan-July May-Wow Jan-July —Mar-Sept 99% 98 y8 101 mortgage 42% 93% 39 86 y4 1951 60% 98 31 85% 1955 44 92% 99% 105 86 Bangor & Aroostook RR 4%s cotav 1976—_Jan-JwZy Telephone of Pa 5s series C 1960—April-Oct Beneficial Industrial Loan 2%s debs 19fil_May-Nov 56% 37% 99'/a 104 85% Bell 37 VB 1 94%, 83% May-Wow sef and ref M 4s series D 50% 45 — *93% *1023/4 86% 2010 Consol mortgage 3s series K 1979 Borden (The) Co 2%s debs 1981 2 — *62 June-Dec 50% 102% 103% 983/4 Virginia— First 50% 96% 104 86% .—_—June-Dec 1 4s series A 1980 first mortgage 5'% Consol *68 102% 82 100% 100 % *103 • Toledo-Cincinnati division— A6%s oc3/ 36 (interest 1966 income Feb fixed & 1%% conting hit) (3% 'I, * Feb-Aug 42 99% ' (2%% 6% contingent S'western div 40 150% 152 37 101 Va 101% 136 86 % 2000 due 39 138% Mar-Sept Dec due Series M 40 - 138 1183/4 June-Dec due Series K 12 39 _ 1193/4 .-Mar-Sept 1995_ Series G 18 7% A " April-Oct ' — 118 181 256 Refunding, and general mortgage 5 % (2 % fixed and 3% contingent interest) — Pittsburgh Lake Erie & West *40% 263 135% 136 y4 fixed (4% contingent interest) July 1975_April-Oct 1% A4%s convertible faw-July ' RR— 4s series A July 1975 7% ~9 99% B 93/4 10% 99% 106% 95 3/s 135 % 136% 136, Jan-July Jaw-July 1966 1979 58 V* 13 93 104% 60 133% 134 y, 136 Mar-Sept 1980 A ser Refining debentures mortgage - April-Oct —May-Nov May-Wow 1963 1964 A 4 %s-4s mortgage 1 4 16 98 Va 97% 133% 1902_—Mar-Scpf debs 1995— I RR, Gen First 13% 9% 3%s Air Line Ry 3%s First -4. . 9% *12% 10% 1966 5s 97 104% 105% 97% 101% 9 , 1995 1995_, 4s Stamped 4s July 66% 14 , 4s July Investment 403/4 —— 97 97 95 % 983/4 Topeka & Santa Fo— General 3%s June-Dee April-Oct j—Quar-Jaw April-Oct Corp 4s 1960 debs 1977 3%s Inc gold 95 104% ——-Feb-Aug 1977 Nitrate first 553/4 — 95% 100% 1969 debentures 2 65% ^ 127% April-Get debentures 2 ' 1963 1964 1965_a debs 36 66 1987 1971 debentures conv conv Atlantic 58 — April-Oct June-Dec June-Dec Feb-Aug Mar-Sept fan-July 1982 debentures Atlanta & Charl 140 y8 18 1961 debentures 101% Ann 104 y4 71% 80% (interest 2004 6 %s 1952 1013/4 98 */» 139 66 April-Oct pursuant to Plan A reduced to 2.25%)' 2004 4 87% Baltimore & Ohio 1967 stamped (interest 80% 71 April-Oct A 101% 102 77% Anglo-Laularo 102 124% 124% 80% 0 A 105% 104 Series J due Dec 1 1995 1999 Plan 102 101% 87%' debentures 100 »/4 T?eh~Aii n reduced to 2 %) 2012 A7s external loan of 1926 due 1043/4 107 94% 3s A sinking fund gold 1968 Stamped pursuant — 102 102 973/, 3%s 60 —-April-Oct A 101% 102 92% 98 , 2 — (interest 1946 Stamped pursuant to Plan *-_ *105 25 2 100 104 V4 104 V* 9% 1946 A 100% __ 104% 104% — 86% debentures 100 *134% *10% 1053— Stamped pursuant to Plan 1 educed to 2%) 2012_ Rio Grande-do Sul (State ofi- *101% — faw-July 1972 130% Atchison April-Oct 1947—April-Oct AT/?dUCe? t0 2.375 % ) 2001 8AExternal 84% lU3/4 Associar.es 2006 A 77% 80 A faw-July APrussia (Free State) 6%s ('26 loan) 1951-Mar-Sepf A6s s f gold extl ('27 loan) 1952. __Apr-Oct IA Rhine-Main-Danube 7s 1950. Mar-Sept 8AR10 80% COMPANIES 127 3/4 128 »/2 103 102 >/» *9% Plan May-No; 1967 3%s INDUSTRIAL conv 102% April-Oct 2001 to 2.25%) AND 93% ' pursuant, reduced 80% 15% 11% 142 87% 102 —Jan-July (interest 6Va 130 25 99 % 1961—April-Oct Plan 8 % 39 99% April-Oct to 12% 8 % 973/8 100% § AExternal sinking fund gold 8s 1950—Jaw-July assented 1963—— 7%s 100 *52 1968 Porto Alegre (City of)— 8s 1961 stamped pursuant 82 91% 9 June-Dec A4%s 993/4 72 91% 6 Mar-Sept 7s 95% 82 96% 4 Mar-Sept gold 6s 1940sink fund 99 % 102 *99% 1960 series 98% 95% 983/4 >137 1———June-Dec American Tobacco Co debentures 3s 1902—April-Oct (interest series 903/s 89 92 97 101% 102 1959—_ Mar-Sept 1958— 8AStabilizatlon loan A4 %s 1st *79% 26 __ 98% 91% 101% 101% Wif-Oct 1947— Plan 98 98 98 Jan-July June-Dec 101% Mar-Sept May-lVow May-Wow 1955 to 2.125%) 2008 (Republic of) external 7s 100% April-Oct, Atl reduced A Peru 86 167% Telephone & Telegraph Co— 102 V4 101% Mar-Sept 1968— 4%s 96 96% j.—.—June-Dec 1971 to 99 Va 100% 100% Feb-Aug Feb-Aug 3%s debentures 1973 53% 40 58 — *101% 102 Feb-Aug 1958 to 79 166 1975 2%s 53% — *58 * __Mar-Sept Oriental Development Co Ltd— 5A6s extl loan (30-yr) 1953 6s due 1953 extended to 1963 A5'/2s extl loan 37 82 % *167 87% Anheuser-Busch 5%s 81% 82% 1986 3%s (Kingdom of) 3%s 1957 May-Wow Norway (Kingdom of) 4%s 1956— -Mar-Sept, External sinking fund 4%s 1965— April-Oct 4s sinking fund external loan 1963-*. Feb-Aug 3V2S sinking fund external 1957 April-Oet Municipal Bank extl sink fund 5s 1970—June-Dec 6s 147 debentures 3%s Netherlands SANuremberg (City of) 66 134% 3 debentures 2%s 18 Va (interest 2008— 69 60 2%s 102 34 *58 Mar-Sept 1959—Mar-Sept <)%s fund to 71% *773/4 Corp 3%s s f dobs 1904—May-Nov Foreign Power deb 5s 2030—Mar-Sept debentures 3%s sinking pursuant 74% 130% 55% Bosch & 16% *17% April-Oct 2008 12 75 144% 144% June-Dec 3%s 1984 Mar-Sept Albany & Susquehanna RR 4%s 1975 April-Oof Alleghany Corp debs 5s ser A 1962 May-Wow Allegheny & Western 1st gtd 4s 1998 April-Oe( AlMed Chemical & Dye 3%s debs 1978 April-Oct Allis-Ghalmers Mfg 2s debentures 1956—_Mar-Sep( Aluminum Co of America 3%s 1964 —Feb-Aug 3s s f debentures 1979 June-Dec Aluminum Co of Canada Ltd 3%s 1970—May-Nov American Airlines 3s debentures K60 June-Dec — 2.125%) 74% 12iya — of) 1961 first mortgage 3%s 16% *17% „ 1952 sinking fund (>'L>s 1958—Mar-Sept pursuant to Plan A (Interest Stamped 68 2%s ASecured extl ASecured 6s of '26 Southern Jaw-July assented (City of) 126 70% 2%s 1933 ASmall- 120 — *69 Jan-July mortgage 2%s new May-Nov 1984- Power 1922 lo 101% — 1958.— extended 1961 American ♦15% agreement) 1937) 1979 1979 Great 8 ASmall AOs bond of external 7s 1959 (City of) 4.80s Junior 1963_Jan"July agree't) ASmall f ATreasury 6s or 5AMllan fund 6s 1960 fund 6s 1964 readjustment (City) American (1942 100 V* 1946—Feb-Awy May-Nov —May-Nov 8s Valle Del Cauea See Cauca Valley (Dept fan-July assented new 13% 10 70% Mar-Sept 11)55_, to external conversion American agree¬ 8 ASmall A4s 10% 101% 101% Mar-Sept, Alabama § A Small A5s June-Dec Alabama agreem't) 2 10% Quar-Jaw (1922 19% 11% ll7/8 3%s external readjustment 1st assented 92 15 18 30 8 A Large 8A5s 149 87 907/a *15 87 — 1945 143% — *88% on RAILROAD due *149% Co. Ltd— 1968 (Republic of) fiA5s *9% 27% 3%s-4%s-4,r;.s external conversion 1978 June-Dec 4s-4%s-4%s external readjustments 1978_Feb-Aug A Yokohama 1968_Jan-July 153/4 *95% 6s agreem't) 28% 19 *63 1952 1963 (dollar A4%s assented assented Small 1971 to 1945 sinking AWarsaw A 81% 26'/a *120% to f s (Republic) External 88% 1943—May-Wow 64% 153/4 *96% 56% _ 80 96 67 May-Nov 44 % _ 59 84 25% 27 26% June-Dec Power mtge External 19% 75 — 27% April-Oet —April-Oet Mar-Sept 1953 sinking 140 73% 87 89 26% *121% ser $ 3%s-4s-4%s 96% 1 29% 81% 87 *74 Jan-July Jan-July 1981 1952 coupon 1945 extended 7s due IrrigaLion— §A4%s assented (1922 agreement) 8A4'/2S small 1943 ANew mtge SAUruguay 160% 80% 64 Ltd— '12 of 1 AExternal 22 85% *29 Jan-July 145% 1 21 May-Nov May-Nov April-Oct AMedellin Mexican loan extended 1953 6s 103r — — 77 Tokyo Electric Light, Co Lid— 57% 1 57% ♦95% — June-Dec Jaw-Juiy 1961——— '27 extended 1961 sterling UJigawa Electric 103 % 103 % *103% of 5 A With March 56% — 101% — AExternal 1965 '30 56% 56% Feb-Aug extl 7s due §A5s 99% 52% 33 57% 5%s 135 97 98 Co. s f 1971 extended lo 1971 A5%s extl loan §A7s June-Dec due 59 49% 82% 97 75 — „ 1962—-June-Dec to 1958 Power (40-yr) § AOs 1951 5J/2s 36% 132% 135 Mar-Sept (Kingdom of) A5%s 35% 19% 44 A5%s 5%s due for Public Works 1947 8 A External 6%s due 39% *—• April-Oct Jan-July 1977 3s Electric Tokyo (City of) Utility Institute— 30-yr gtd ext SAlluly f s B Public 37% 37% 36% May-Wow 70 76% external 7s 1958-11—-June-Dec (Prov of) assented A4%s Taiwan Greek Government— 75 ♦99 June-Dec f 1952 extended 1952 Sydney County Council 3-%s 1957 Great Consolidated 50% 75 *102 — April-OCt series B secured external §A6%s 1st 1965 __ 58 Shlnyel.su ElecWcPower Co Ltd— German 59 58 (Kingdom)— A7s 80% 53% bonds dollar „ Jan-July Jan-July 2012 Serbs Croats & Slovenes 1930— dollar 3s loan 2% ) to 58 „ (interest to Plan A A 8s 5s 5!/2s reduced * Apr-Oct High 55 (interest 1968 loan external dollar Stamped pursuant issue— 1953 1972 International loan of *69 59 •■/ Jan-July Mar-Sept 1956 loan water Stamped pursuant, to Plan A reduced to 2.25%) 2004 A 6s issue Conversion dollar 4s fund & Jan .1 Low (interest 1999 2.5%) to external A7s 79% 80% __ • *575/3 Jan-July Jaw-July 1950 Stamped pursuant to Plan A , T„April-Oct 1969 No. A stamped external __ May-Wow 2012— Range Since Sold Higti — pursuant to Plan (interest reduced to 2.5%) 1999 §A8s 139% 10-year bonds of 1936 3s conv (8tate of) 1936 reduced 1924 5V2s dollar bonds Range Friday's - "76 8s 2%) reduced to Paulo 8s (Federal Republic of)— External 3s 37 '99% 12 or Bid & Asked Low 1952—— May-Nov Stamped pursuant to Plan A (interest reduced to 2.375%)'2001 May-Wow A6%s extl secured sinking, fund 1957—May-Nov Stamped pursuant to Plan A (interest Paulo (City) fASao San f dollar bonds'Jan German 56% — s s 20 38 38 101% 101% 101'/a 99% 100 (Republic of) 3V2s extl extl 44% 55 % Week's Last Sale Price High to 4V2s 1962 bonds El Salvador Low Wo. •Period New York Stock Exchange Jan. 1 — Stamped assented (interest reduced • Friday Interest BONDS Sold Bid & Asked *54% Jan-July 1978 3s OCTOBER 1 ENDED Bond) Friday's Low Cundinamarca BOND RECORD WEEK Week's Range Last Period New York Stock Exchange f FOR Monday, October 4, & Maine —^ *100 99% 24 95% 98% 29 98 V* 102% 97 98% 101 101 100 y2 RR-— series AC 1967 series II 1955™ 80 Mar-Sept May-Wow. 4%s series JJ 1961——April-Oct First mortgage 4s series RR 1960 Jan-July AInc mortgage 4%s series A July 1970-May-Now Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas gen mlg 2%s 1976— Jan-July 1st mortgage 3s 1980Jan-July *74 __ 72% 53 Va *100V4 96% — 28 73 Va '52 V* 72% 88 . • __ 83% 101% 76% 70% 51% 100 ■ 78 75% 60% 101% . 7 96% — 76 y2 99% 7 80 *100,1,101% ■ — 92% — 99 V* — i ? Number 5365 [Volume 180 Commercial and FinancialThe Chronicle ... <1351) 31 NEW YORK BOND RECORD RAlsfGE FOR WEEK ENDED OCTOBER 1 Friday Interest Feriod BONDS Exchange New York Stock r Week's Range Last Friday's or Sale Price Bid & Asked Law Brown 1971 debs Co 3 %s Shoe Jan-July ; first mtge 2%s 1975_May-Nov Buffalo Rochester & Pittsburgh Ry— Stamped modified 4 Vis 1957 May-Nov Bush Terminal Co Cons 5s 1955 *. Jan-July Bush Terminal Buildings 5s gtd 1960 -April-Oct A5s general mtge income 1982 -.Jan-July Low 88% 89 100 101 Mar-Sepf Continental Baking 3s debentures 1965 Jan-July Continental Caa 314s debs 1976 April-Ocf Crane Co 3%s s f debs 1977^ May-Nov Crucible Steel Co of Am 1st mtge 3%s 1966 May-Nov 104% Cuba 101 . 16 Consumers 103% 99 '/a 94% 89 17 100'A 100 *104 y8, 92 85% 2 % — 91% 5 92 90% 92 81% Cuba c A ■> Electric California 1976—-June-Dec first 3s Power *96 May-Nov *98 99'A April-Oct 108 108% 21 Oregon Power 3'As 1974 Canada Southern consol gtd 5s A 1962 California » Canadian National Guaranteed 93% 96 93% 99% 105 % 100 108% Guaranteed Jan-July gold 106'A 109'/8 109'A 24 _June-Dec l047/8 104% 105/2 9 103% 106'% 106 % 106% 3 104% Clinchfield Ohio & 1965—'iMar-Sepf 4s (J,. I.) Celotex 9 8'/a 92 99% 29 96 103% 98 99'/s *99'A Feb-Aug JACentral Branch U PTst gold 4s 1948—June-Dec Central of Georgia Ry— ... \-'V First mortgage 4s series A 1995— lun-July 94 AGen mortgage 4 Vis series A Jan 1 2020 May AGen mortgage 4 Vis series B Jan 1 2020 May — *99'A 100'A ' — 1 — . — ♦106'/8 — & ref 4s ser A 1970 lien & ref 4s ser B 100 -- . Deere • Central RR Central New N of Co First and First First 35/8s series B 1908 Champion Paper & Fibre deb 3s 1965 Chesapeake & Ohio Ry— i Feb-Aug General First 1992—* ref 103 97 103 101% 101% 96% — 102% 127% 97 % 105'A 8 97 % 104% 102% 102% 1023A 103 29 103 115 __ '115 103 10U 100 106% 93 ,8'A '98 .-r- AGeneral 87% 3%s series B 1985 —May-Nov Chicago & Erie 1st gold 5s 1982_. : May-Nov Chicago Great Western 4s ser A 1988—Jan-July 90 AGeneral inc mtge 4'/2s Jan 101 99'A 80 % 90 117'/a 125 82 82 3 73% 82% 72'A , 91'A series A Jan. 1983^2— April A2nd mortgage 4'As inc ser A Jan 2003 April Chicago Indiana & Southern Ry 4s 1956—~Jan-July mortgage 4s inc 72'% 9 63'A 73 67% 6 59% 68 5 100'A 102 67'A 101 102 First mortgage 4s series A 1994-1_ /au-July General mortgage 4'As inc ser A Jan 2019—April 4'As conv increased series B Jan 1 2044.—April 101% 101% — RR Second mortgage First mortgage 97'/a 76 29 65% ?6% 61% inc 4'As Jan 1 1999—April series B 1989—-Jan-July conv 3s > 62% 49 54'A (3% fixed 1993 (4%% A interest) 55 1st 53% Mack & lien first gold mtge 27/es ser A 1980 . ————Jan-July Terre Haute & Southeastern Ry— and refunding mtge 2%s-4'As 1994_Jau-July Income 2%s-4'As ,1994 : Jau-July 72-/2 8Q'/b 98 *95% 97 93 72% 73 69 % 76% 70 70 70 66% 71% First First First C I 103 103 Financial debentures 1960 City Ice City debentures 4s gold General — . 1993 First, 'mortgage First First mortgage & Columbia Gas System Iron debentures series debentures series debs Columbus 1st A 1975 1975 D mortgage 3s series L 3s 1978— s debentures f debentures 1999 Anglo-Lautaro § A 6 'As Consolidated 3%s 81'A General Foods 96% General of New 100 1 refund mtgb 2%'s First and refund First and refund 104 3s 105% 4 100% 101 '/a 4 103% A ser 9 5'A 102'A 97'A . First and refunding 3s series D First and refund mlg.e 3s series E First and refund mtge 3s ser F JVaS ser G 1st & ref M 3%s ser II General Realty A4s 2 100% §A7s s 100% Goodrich 105'A Grand 97 102'/a 117% 366 109'A 117% 100% 104% ' *103% 104% *103'A 1 — Great 2 100% 100 % 25 101 98% *__ 105 105'/a 105% £ 106 107 t *102% 103'A 103% 103'A 3'As series I & 1st ref 3%s M convertible 3s 1st ref M 1st ref 3%s conv 3'/sS debentures cum U U Natural debentures Consolidated In T ser ser f 2%s S 1984 & X 98% 103% 102% General 101% General 91% 98% 1 102% 103% A 2%s 1968— debs of (stpd 91% — — 105% 105% 20 91% 96'A 95% 100'A 98% 103'/a 96% — 26 * 103 9 6'/a 8 102% 100% 105% 103 105% 104% — 106'A 104% 1 99 96% 94% *— 1 , 100'A April-Ocf 12% 95% 99% 100% 138% 139% *100 103 Feb-Aug to ^ 80% 94 94 89 87% 88% 59 79% / 100% 103 100% 13 1. 6 5s 88'/a — ~ — 100'A 98 142 & 101% 4'As 100'/a 55 *102% — 110% 114 '/a 110% 100 ; 96% 104 92% 2 105 105 103 104'/a 102 128% 105 *152% 132 — 152 131'A 103% 105 104 103% 104 65 103'/a 104% 1037/a 103% 103% 100% 100 Jan-Juiy 104'A Mar-Sepf certificates 1975 inc 5s series A July 99% 100% 26 101% 105'A 96 154 100% 111% 112% 94 — 131% 2 98% -- 108 201 95% 155 101% 112% 116% *123% 126% 126 111 118'/a 118% 118% ~7 96% 10 88 91 96'A 10 85 94 73 84'A 96 *— *_ 92 96 "I 92 *81 84 96 96 *75. — — — 5 *17% *104 — J7 A 97% 102 *84 99% *104'/a 94% 99 97% 70 75 15% 19% -- 22 101 104% 97% ~3 102 'A 5 99% — — 4 97% 102% 84'% 94'A 98 98% 98 101% 100 — *100 105 91 84'A — 89 Va 100 75 *94'/a 101 *99% " — ' Ohio RR— refunding 4s series B 90 *100 112% Feb B—_— 99 Va 100% 154 N Jan-July .Fefe -* 98% *93 154 Jan-July 1990—Jan-July 2000—_Ja7t-July 2%s series P 1982——Jaxi-July 2%s series Q 2010 Jan-July 103% 91 98% ——Jan-July 1976 105 40 98'/a 104% 104 % QQ Mar-Sepf ——April-Ocf 1965—May-Nov 144 — 105 99 100 Water & first sink fund Manhattan first Mar-Sepf 1967—June-Dec 5s A 126% 97% 98% 94% 97% 93% 91% 53 A April-Oct 19 A — 104% 107% 215 2 151 91% 92% 7 67 53 54% 83 47 60% 19% 21% 232 15% 29 96% 96% 14 209 209 103'A 105% *103% 1962.June-Dec 1957 Feb-Aug 5s ser A 139 114 Va *97 -Mar-Sepf 1968 Lighting & Power Co 3'As 95 118% *126% 127 Mining debentui-es 90'/a *141 1976—Mar-Sept first mtge 2%s 209 98% 100'A 13% Hudson 102% 6 103 8 mortgage 2'As series R Hudson Coal 25 99% 104'A 104'/a 1979—, 3%s series mortgage and Houston 104% 102% 102% 96 104% /37As debentures 1958 ' 100 100% 100% *—* O O v" 9 102% 102 *96 *102% 103% Corp 6s 1949 Jan-July Hocking Valley Ry first 4%s 1999— Jan-July Household Fina.nce Corp 2%s 1970———Jan-July 100% 9 8'/a 102% 82% — — 101 119 debs 1969 mortgage Hackensack 101% 117% *88'/a *„ 116 Co— series C 1973 AAdjusted income 5s Feb 1957 Cuba— as 72% 99 78 % > payment , 12% 11 ' 14% / I Illinois First Bell ® f Telephone 2%s series mortgage — 3s series B 1978 A 1981—Jan-July June-Dec *101'/a 102 93% 98'A • '} £ -w H 184 98 103 HI J-, *95 79 Ry 106'/a 164 *96% 139'A 113 108% 1 Jan-July 2015x.——April First and refunding 3%s series D 1969-April-Ocf General mtge inc 4s series B Jan 2044 April Collateral trust 3%s 1968_ ——Jan-July Gulf States Utilities 2%s 1st mtge 1976— May-Nov First mortgage 3s 1978 April-Oct 3s debentures 1969—— Jan-July First mortgage 2%s 1979-——^—June-Dec First mortgage 2%s 1980 June-Dec 1st mortgage 3%s 19811 May-Nou 1st mortgage 3'As 1982 —<——June-Dec 1st mortgage 3%s 1983— June-Dec 97% *98 June-Dec - 2001 102% 180'A 180'A April-Oct 109 — Company— General mtge 97 *— ...Mav-^ov 1979_ dollars) 94% 99% *105% 106 Jan-July - 1978 7 96 % *105% 106% Tan-JHv 1 „ *88'/a , •„ ; 103% •'i Utilities Corp— > debentures 1969 subord Debenture §AHarpen June-Dec Gas 91% 7au-July _r 113 113 98% 142% 142% 1961 Bay & West debentures ctfs A A Green — 1986— 20 *111 , 142 131% 131'A 1969 mortgage 99% 27 *99% 100%X 105% 2 , 102'/a 103 —Mar-Sept ApriZ-Oct April-Oct April 104% ' 140'/a 140 Va mortgage 3%s series O General April-Oct, 1976 — General HOH £ 95% — 100% 100% *103% __ June-Dec (Bait) 99% *102 —Jan-July — 1963— Power 1981—— ser *94 ——Feb-Aug 1976 Railroads inc 1983 Z 1989 3s ser debs 1967 debentures A3s Lt, mtge Consolidated 3%s El 27/»s 1st ref M 27/bS J ser debentures Gas .1st ref mtge s 3s 1982— ref M Consolidated 95% Feb-Aug f 103% 140 18 104 104 104 —Jan-July 1964_ General 4%s series D Gulf Mobile *97'/B May-Nov Mar-Sept 94 —Jan-July -Mar-Sepf ——Jan-July Co first mtge 2%s F) conv General 1 91% 102% 102% 1979—Jau-July 99'A 97% 94 • , May-Nov Jan-July 1958— & Northern 94% 101'A 101'A TOO May-ZVor 941/2 98% June-Dec Genei'al 101% -- 96% 1981 (B Union 3'As 104'A 116 96% 1972 112 * Steel & Iron Works— f mortgage 1945 96 103% 104% 99% 100'A ' Jan-July income conv 95'/a 99 4 1981 & 1st debentures 99 — 1163A -- 92 97'A 100% — General Motors Corp 3%s debs 103% 104 953/4 83 19 97 Acceptance Corp— debentures * 105 % 141 ' 108% 109% 108% 103 93 99% 99'A Good Hope 1982_Mar-Sept 1977_A7)ri:-Oct 1972.June-Dec mtge 2%s ser B mtge 2%s ser C 1st & ref M Motors debentures 2%s 99 100 103 99 —Fcb-Aug *91% 1961 1948— 96 ——April-Oct 1965 and debs Corp 3%s debs 1976 95 — York- First 3s 3%s debentures 1961— 95% 1961 A 3%s Corp Cigar Consolidated Edison debentures § A6s First series 18 104 104 *„ 1965: 1940— debentures 70 Nitrate River Power 75% — G Compania Salitrera—See Conn - 75 73 *73 *98% 1970 5s (Germany) 4s 94% 2001 '• — — 98 71 ' , . 1945— debentures 102 ---April-Oct — __ 132 97'/a 97% *74 — 104% April-Oct 1999 *97% lUO *A 173 109'A 32 1 *106 Rubber 97 *99% — lot'A 170 126% 127% __ 104% 141% „ *__ 1977 101 50 *102% 104% Feb-Aug June-D c April-Oct 1977 series N & *99% 101 1955—Feb-Aug 4s Tire 62 7 31 100% 1007/s May-Not 97% 96 *105'/a Jan-July first *96 % 100 luJ'A 98 95 *__ -— , ' __ 92% —Mar-Sepf 1972 §A7s Co- mortgage 27/as Jan-July 1 . sinking fund debentures f 67 102 % 103 ; 100% 'Y debentures 91 79% *95 : 99% 7 8 —Feb-Aug Apni-Ocf —Feb-Aug Mtg.e inc 4'As ser A Jan 2015 70'A 79 Feb-Aug -j. First s — 104% 104% 'bbi '64—yuuy-iNov Elec 3'/48 1970—May-Sept First 23/4S 94 % 67 Jan-July — first external Commonwealth Edison 3s 93 „ .4 101% -A*»nf-Or.t 1979 Ohio Toledo & 99% 100 ——June-Dec ; _ all Jan mortgage 3%s 1983... Columbus 106% 94 % 2 June-Dec Mar-Sepf 103 2 96% Co— General Electric Co May-Nov B (conv South & 103% 34 1U0 C 1!)77— ser series 22 99 Inc— 3s 3'As 100% 1U0 4'As 1961— n,,, 4%s 1966.L—June-Dec Corp 3s 3%s debentures 97% *99% —— 101% 8 95'A May-Nov Jan-July May-Nov ^Florida East Coast first 4'As 1959-———June-Dec AFirst and refunding -5s series A 1974__Mar-Sepf Fort Worth & Denver Ry Co 4%s 1982 May-Nov 87'/a 1970 1' 104% 93% 4 102'A 102% —Feb-Aug —Mar-Sept 1695—June-Dec 4s 1965— 100% first g.Ld Fuel 40 81 1990_May-jVou 4-s 3s OO 104% 102% 102% 100'/a Georgia div first 5s 1956_May-Not> first'cons gold 5s 1995-Jan-Jufy T-'As debentures 98 1989— 3s Line Colorado 3'As sub debs trust 1982—, 95% — 100'/a 100% consol 2%s 100 12 2%s 1985 ——— 3%s 1986-——,—— mortgage Cleveland Short first coll 95 86 82 F June-Due Illuminating 3a 102% II 104 3%s series E 19C4_April-Oef mtge 3 %s series F 1990—Jan-July First consol mtge 3'As series G 2000——Jan-July Ohio Division first mortgage 3%s 1971—Mar-,Sepf First 106% 94% *94 % .— Electric mortgage 99 r / Jan-July 1983 100 98% St Louis Division First 95 102 __ 83 . 79% 100 100% 100% 79Va 67 Cleveland & Railroad 107% 95% 105% 105% 100% 82 *94% — Firsc consol mortgage 83 4'As series E impt 105% 5 • 98% *99 1977__Jan-July Cincinnati Wab & Mich Diy 1st 4s 1991—Jan-July Refunding and 12 *106% i~ 92'/a — *94 - June-Dec Southwestern & Erie 101 % *100 — 77% 89 4 84 *81 —Jan-July 3 %s 1984— stamped 104 Ry— 1993 B 98% „-June-Dec Chic & St Louis 4s 5s series 100% 98 % June-Dec June-Dec 1961 Investing Co General . 1966 Cleveland Cincinnati 5 22 106% 106% r—Jan-July 7an-July - f debs 1977 s 2%s debentures F'uel & 3s Paso Firestone Fcb-Aug Feb-Aug .AprfZ-Oct 1969 1974— E 2%s series G Corp 2%s 1959— Cities Service Co 103% 100% 100%' — 96% 70 — 90 *100% (N Y) 5s * 3%s series gtd mortgage T 4s ——Jan-July —, Terminal— Union mortgage First h 2%s 1978^, mortgage Cincinnati Va General 1963— Jan-July mortgage 2%s series G 1963——Jan-July Chicago & Western Indiana RR Co— 1st coll trust mtge 4%s ser A 1982— May-Nov Cincinnati Gas & Elec 1st, mtge 23As 1975. Apn'Z-Oct 3'As series F mortgage First "89% 92% *86 —June-Dec Elgin Joliet & Eastern Ry 3%s El Union Station— Chicago 77% E East Tenn Chicago — 2 93% 92% 4%s & Tunnel mortgage. 3%s Edison El 111 1st 93% *75% — T , 1995 59% 7 • First 104% » 1970-— H 1969—L debs conv 1st mortgage 214 57 77'A. 101 103% f April Gen & ref 27/as ser N 1984__ 65 77 56 77 97 99% 101% - Chicago & North Western Ry— Chicago Rock Island & Pacific RR— 99 ~4 102% 103 1985 Duquesne Light Co 2%s 1977 1st mortgage 2%s 1979 1st mortgage 2%s 1980 i 1st mortgage" 3%s 1982— : 103% 76 ' 76 ~3 *101% 103'A 1961---—May-Nov Detroit Tol & Iionton RR 2%s ser B 1976_Mar-Sept Dow Chemical 2.35s debentures 1961 May-Nou 3s subordinate debs 1982— ——Jan-July Chicago Milwaukee St. Paul & Pacific RR— 6 99 104% 103 100% 100% 100% a—May-Nov May 1 2042 series Detroit Terminal Chicago Indianapolis & Louisville Ry— Ajst 99% 1 *100 May * debentures 1958 Second gold 4s 97 80 11 S Detroit 51'A 911/2 3'As 90% 74 1 *125 2038———April 1 * ■ 94% 98% *104 —June-Dec General, and refund 2%s series I 1982__May-Sepf Gen & fef mtge 2%s ser J 1985 —Mar-Sept Gen & ref 3%s ser K 1976 —May-Noo ■ 13 88 90 4-6s series 3s 3s convertible 90 April mortgage inc conv 5s 1997— 30 "2 99 1973—May-Nov C — Grande Western E'dison Detroit *93'A mortgage series mortgage (3% fixed contingent interest) 1993 1% 94% ' trust contingent 110 103 6 100 28 24 29% 96 May-Nov Income 110 '\V-' 105'A 105'A 30 25% Denver & Salt Lake— 116 2 *110 105Vi 25'A 32 98% Div- Western & 5s mortgage series A contingent interest 2018: 106% - 104% 1- • M mortgage due 1993 mortgage 1% Chicago & Eastern 111 RR— First refund Income " Feb-Aug mtge 3s 1990 117 % ' -Mar-Sept Lackawanna Denver & Rio First 9 23 127 % 103'2 104 and & 98% — — 127 127 — refunding mortgage 3'/as 1985—Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aug 1st 55% __ 24% 3 29% 29% April-Oct Jan-July — 1963 extended May-Hoy 1st mtge & coll tr 4'As ser B 1985——May-Nov Delaware'Power & Light 3s 1973-; —April-Ocf .First mortgage and coll trust 3%s 1977-June-Dec First mortgage and coll trust 27/as 1979-Jan-July 1st mtge & coll trust 2%s 1980 Mar-Sepf 1st mtge & coll tr 3%s 1984 May-Nov 80% 51'A *100'A 102 impt M 3.Vis series D 1958 4s / 66'A *101% Jan-July Mar-Sept 1996-_May-Nou Refund and-impt M 3Vis series E 1996-—Feb-Aug Refund and impt M 37/aS series H 1973—June-Dec R & A div first consol gold 4s 198£ Jan-July Second consolidated gold 4s 1989_: __Jan-July Chicago Burlington & Quincy RR— 4>/2s Refund and 1 148 — 4s Pennsylvania -Division— 1st mtge & coll tr 5s ser A 53'A *101% 102% 38% 20^> Morris & Essex division 88 78'A *103 1977-jl Hudson and A Income 94 82% 52 1974—_—Feb-Aug 3 Vis series A 32% T* *29 -June-Dec 1965—' 2%s debentures & York New Co— refund mortgage General 79% 90 —1 Delaware Lackawanna & Western RR Co— 105% 78'A 52'/2 April-Oct 1974 3s Power York Central Pacific Ry —Jan-July 1987— 3'As J 2 94 98% H ^ 24 28% June-Dec 3'As 1982_ debentures Collateral 93 % ' 1970— equip 4s Co & 3%s Delaware . *87 104% 104 25 36% 23% 24 June-Dec 1970^ 100'A, — 97% 98% 98% I960-— (1947 issue) 3'As debentures 69 26 98 97% 97% —__Feb-Aug 1960 debentures 3%s Corp 107 94% 5 97'A *96 _ 103 101 91 35%' Feb-Aug Dayton Union Ry 3'As series B 1965—;—June-Dec 64% 67 67 Co 3 Vis 100% *98 —Jan-July 1970- 30 June 4s First mortgage 102 104% 4 105% 106 4s 1981—_—June-Dec debs 1978— —Feb-Aug Celanese Corp 3s debentures 1965 —April-Oct 3Vis debentures 1976.j-a _April-Ocf Case 104% 101% 101% June-Dec 1970 lien & tilth 101 y4 99 *104 __ Dayton Power & Lt first'mtge 2%s 1975—April-Oct First mortgage 3s 1978 Jan-July First mortgage 3s series A 1978 —_June-Dee 108% 7.97 *100% 100% Carthage & Adirondack Ry > 103 40 107% 107% 4s ser A I960—-—Mar-Sepf Capital Airlines Inc Carolina Jan-July (perpetual)—. debenture consol 6 96 y8 109'A Canadian Pacific Ry— 4% 100% 100% ■ mortgage AImp 106 % 109 Vs 35 RR— 1st Jan. 1 Low A"> 100% 100% __ Range Sine* Sold H <oti , (1942 series) 4s A 1st 105% —Feb-Aug 4 Vis 1957— 4%s- 1955._—.j 4 Vis 1956 1 gold gold Ry— mortgage 2%s 1975 A 1st Ry— Guaranteed Northern A 1st first mtge Power Bonds Friday's Bid & Asked Lmn 103'A 99 . or Sale Price High „ . Last Period New York Stock Exchange , 1 97% . Jan. 1 NO.'- Hign Interest BONDS Range Since Sold *103 Niagara Elec Buffalo Week's Range Friday Bonds S8 102% 32 The Commercial and Financial Chronicle... (1352) Monday, October 4, 1954 NEW YORK BOND RECORD RANGE BONDS Period New York Stock Exchange Last or Sale Price Central Friday's Indianapolis Union Ry Co— Refunding and imp 2%s series C Co 3%s 1st mortgage §AFirst 6s debs series series B 5s AFirst gold Low Afar-Sept Afar-Sept 19®''.. 106 —Jan-July April-Ocl -Jan-July Jan-July — 1952 1956 103 105% 102 103% 3s 105% New 102 102 New 102% 103 New 105 New Orleans 102 *103% 105 103% 102 102 *143 10 89% 123 136 92 — *88% 97 — 78 118% 121% 119% *102 102% 3.65s subord conv debs 1 1977 3%s s f debentures series Interstate Power Co— Jan-July 1972—Afay-Nov 1st mortgage 1st 33/4s mortgage 130 Vi 130% 131% 35 86% 43 122% 122% 84% 1 84 *122 103% 104% 108 108 108 *93 98 10 97 series B 1954 series C 1956 series 4 Vis 123% Franklin 4s 1959—June-Dec 103% 102% 95%: K Kanawha & Mich Kansas City 1st 1st Power Ac mortgage 2%s ■ mtge — 16 90% 2 92% 98 1976 23/4S June-Dec 84 90 *97% 100 — April-Oct Kansas City Terminal Ry 2%s 1974 Aprll-Oct Kentucky Central 1st mtge 4s 1987 Kentucky & Indiana Terminal 4%s Stamped 1961 Jan-July -Jan-July Jan-July Jan-July * 4,/2s unguaranteed 1961 Kings County Elec Lt & Power 6s 1997—Aprll-Oct Koppers Co 1st mtge 3s 1964 Aprll-Oct tAKreuger & Toll 5s certificates 1959 Afar-Sept *__■ 99% -- 103% First 104 98% 116 '454% 51% 59% ~4 2% 1st & ref 5s June-Dec stamped 1964 mortgage 5s extended 1984 to Series B 4 %s Series C 5s fixed A Series F 5s April-Ocf April-Ocl 72% 71% 80% 79% w-]m- 75 94 58 N Y State Y 6 82 2003.. 54 contingent 95 Co Interest 3s debentures Northern 33/4S v 72% 76 % 76% 1 73 86% 1 80% 86% 64% 65% 5 56% Knox 71 71% 10 63% 72% May May *75% mtge '3 Vbs 97% 89% .. 117% 117% May-Nov •102% —— 62% 60% ' June-Dec *96 * D 1970-June-Dec 1963 April-Ocf 101 Afar-Sept *96% 1978 -April-Oct ,,, 198* —— —— 104% 3V4S 2%s f debentures s McKesson 1972 debentures 1972 3Vis debs *103% *97 11 95 103 96 May-Nov. Feb-Aug sinking fund 1969— 104%. 104% 5 * 100 * First 1969 82% 100 88 98 Si Texas 95% *98% 101% 101 86% Afay-Nor lien 5s series 40-year 4s series B Prior lien 4 Vis series D *97 *103 AFirst and AGeneral and AFirst and AFirst first * — 103% 101 80% 92% 102 88 65% 96% 101 94% 99% 98 66 V2 102% 66% 3 6% — 62 70 — — — 75% 75% 81 5 73% 64 64% 5 58% 64% 48 48% 9 41 54% 96 —— — — 96% 15 93% 97% 13 102% 103% 30 98% 102% ' ■ 103 103 103 100% 100% 105% 105% *92% 97% *122 123 ■ 104% 106 — 116% 123 110 110 104% — —— —. . 99 102% 105 «... *112 , 98 94% 20 ' 104 *105 —— 92% ■ 97% 97% 108 105% 5 99 *103 105 —' 103% 101% 103% 103% 104 7 102% 104 8 105% 113% 8 102% ; 105% 15 113 — 113 109% 103% 113% 109% 109% 77% 77 77% *~ —— 75% 105 106% 106% 70 71 79 67% _ 7 75 106% 98% 51 105% 105% —— 105% 103% 105% 105% 15 104% 105% 103% 103% 103% 50 103% 106% 103 99% ». 102 1 97% 56 102% 99% 98% 96% & 100% First Si refunding 3s series S First & refunding 2%s series T 1976 100 First & refunding 1st 97% 98% 40 90 99 1949 Ac April-Oct M Ac 3%s series 2%s Tel 98% 98% *94 d84 8 94% 103% 3 %s debentures 1978 June-Dec June-Dec 1974 April-Oct Afay-Nov 1985 — «**•..: 103% '; — , 98% 3 Ves debentures 1983 97 3 %s debentures 1981 75' 87% 4s debentures Western 1984 Oil 102% 102% 97 97 98% mmmrt . 86% 90 9$ 95 115% 116% 29 104% 118% Paducah 110% 109% 112% 336 91% 114 A 115% 115 95% 282 104% 119 116% 116% 117% — i j 97 97% — 101% 102% 102 «/4 *103 15 101 103 104% 119% 99% 102% 79% 104% -102 99% 102 103 99% 103% 102 99 101 June-Dec June-Dee June-Dec June-Deo June-Deo 101% 102% 101 96% 102% 96% 102% 101 101% 101% *95 *98% 96% 92% 99 94% 102% 100 100% *98 105% 98% 99% 105% 105% 101% 101% 101% 101% 102% 97 99 104% ~2 96 101% 96% 30 100% 102% 106% 13 100 % 102% 45 100% 101% 94% 10 92% 96% 96% 101% 101% 5 94% 99% 11 98% 103% June-Dec 94% — — f'103% / 102% — 104% 101% 96% 105 — 102% 99% 104% *105% 106% — 104% 106% 106 108 — — *100% 1960_April-Ocl — *92% 1975 April-Ocf — 1964—June-Deo * 99 99% Pennsylvania RR— 411 102% 103% - 101% 101% 102 3%s Pennsylvania Power & Light 3s 83 101% 117 115 117% 67 1st s f gold 93 104% 119% 158 104% 118% General 5s 69% General 4%s series D 1981 series B 8 63% 97 100 General mortgage 4Y4s 3 99 100% General mortgage 3%s series 40 101% 101% 4 64% 93 . *101 102% 101% 88% „ 101% 100% *101% *92% 60% 93% 97% 101 Peoria & Eastern first 4s * external *100 101 102% 102% 15 *101% 102% *102% General 5s series B & 1974 refunding 2%s 3 June-Dec -- 1967 95% First Si refunding 2%s First & First & 104% First & 97% 104 98% refunding 2%s 1978 First Ac refunding 3%s 1982 1st & ref mtge 3%s 1983 1st & ref mtge 3%s 1983 4 ' May -Nov May-No® . Afay-Nov June-Dec 102 109% 84 100% 105% 17 103 109% 987/u 98% 98% 987/a 82% 98% 98% 9 91% 99% 82% 82% 21 '77% 86% *96 — 62% — 90 14 53 14 95% 111% 111% 16 108% *105% 99 . — 99% *100% 1007/s *98 99 97% — *— _ 98 91% 63% — — 81 103% 62% 103 — Feb-Aug _Jan-July 96 105% 105% — June-Dec 96 100% 100% 109% 109% — — June-Dec refunding 2%s 1974 refunding 2%s 1981 100 109 Jan-July 1977 1971 103% 101% April Afar-Sept 13 108 Feb-Aug C 101% 100% Jan-July Jan-July 1960—April-Oct 4s April 1990 Marquette Ry 3%s series D 1980 Philadelphia Baltimore Ac Wash RR Co— 98 101% 99% __ 101 % 101% 1985 AIncome 87 — 1984 Pere First 93 April-Oct F 101% 102 105% June-Deo series E 90% 109 June-Dec 67% 100 % 96% 101% Feb-Auy 1960 1968 100% 100% 64 63% *98 100% & Illinois Pennsylvania-Centra* Consolidated sinking fund 4%s General 4%s series A 1965 119 115% i 99% 93% 95% — 4%s 1955—Jan-July Airlines 117% ' 3 103% - 97 *105% *99% debentures 3%s 115% 117 i 104% 91 „ *•' _ April-Oct April-Ocl Afar-Sept Mar-Sept May-No® Mar-Sepl , General gold 4%s series Philadelphia Electric Co— Feb-Aug 92 June-Dec 1984 — 89% 87 _ 97 June-Dec W 1984 27/8s debentures 1980 58 96 d84 102% 97 * —June-Deo June-Deo 1983 debentures 3Vbs debentures 1987 100% 97% 100 *90 mtge 3%s ser U 1985_June-Drc refunding 3%s series X Tel Pacific Afay-Nov April-Oct ref & 1st Pacific Jan-July April-Oct 3s series N 1977 2%s series P 1981 2%s series Q 1980 3%s series R 1982 102% 56% 18 — *__ — June-Deo June-Dec 3s series K 1971 refunding First St refunding First & refunding First & refunding 87% 103% 103% 93 * *94% —— June-Dec refunding 3s series L 1974 First & refunding 3s series M 1979— 106% 101 99% ' I960-.—June-Dee 3s series J 1970 First Ac refunding First 106 — 98% 93% z Z *96 __ 93% ~2 „ 97% 97% -June-Dec Afay-Nov 1980 First & 105 95 *92% .-Feb-Aug 1975 1979 3%s series I First Si refunding 47%. 1970—June-Dec 102% — Mar-Sept April-Oct —;——Afay-Nov First St refunding 80 1976 For footnotes see page 33. *100 " -m 1975 1975 2%s 10 Corp 1st 3%s 1982 National Supply 2%s debentures 1967 70 Quar-Jan mortgage 3r 1974 3s 27 1970 Steel 80 54% 1978 2%S mortgage 54% B 1955—May-No® 1986—___Afay-Nov f debs 66% 242 2%s mortgage mortgage 87% First mortgage 3s series B 1986--.—. National Dairy Products 23/4s debs s M 67% 66% Jan-July Jan-July Jan-July Jan-July 2%s 1980; mortgage 100% N National first mortgage 54% gtd 3Vis 2000 3%s 75% 64% Pacific Gas & Electric Co- 103% Nashville Chattanooga & St Louis— Distillers Prods 87 P 104% 102% *100% 101% Natl 81% 82% NL-i ~7 First mortgage 3%s 1982 Afar-Sept Oregon-Washington RR' 3s series A I960—April-Ocl - *96 Construction mortgage 5s series A 1955__May-No® debentures 95 73% —■ Quar-Feb Oklahoma Gas & Electric 2%s 104% 102% 102 106 63% 3s debentures Edison First 102 — 4s 1991 Construction mtge 4 Vis series Mountain Stntes Tel & Tel 2%s 3 Vis debentures 1978 — 103% 100% *— June-Dec 3Vis first First 87% 1981—Feb-Aug Mar-Sept Monongahela Ry 3 Vis series B 1966 Feb-Aug Morrell (John) & Co 3s debentures 1958 May-Nov Morris & Essex -- 97 84% 76% © Ohio • 54% refunding 5s series I and 86 64»A • Quar-Feb & improve 4%s ser A 2047 Jan-July & improve 5s series C 2047—Jan-July & improve 5s series D 2047—Jan-July trust 4%s 1975 Mar-Sept 2%s 87% gold 5s H 1980 Mohawk & Malone first gtd 1 2 83 74 Jan-July Quar-Jan 2047 1 3s May 1967 gold 5Vis series A re.'und 98% 97 103 . Jan 94% 97% 96 June-Dec Feb-Aug 1975 —Afar-Sept refunding 5s series F 1977—Afar-Sept refunding 5s series G 1978—May-No® AFirst and 96% 92 96 95 *87 2047 mortgage May 1978— Jan 90% 84% 95 *81% 1974—Feb-Aug Aprll-Oct Jan-July First mortgage 2%s 1979 Feb-Auy First mortgage 3 Vis 1982 June-Dec (Wisconsin) first mortgage 2%s 1977.—April-Oct : - First mortgage 3s 197# —Mar-Sepl, Northwestern Bell Telephone 2%s 1984 June-Dec 102 101 60 *103 refunding 5s series A 1965 §AConvertible 18 *100% 101 4s AFirst 6 87% — Jan-July Jan-July A 5 3 —— 97 1 May-No® 1997 3s mortgage 1991 1962 ACum adjustment 5s ser ^Missouri Pacific RR Co— 90 *104 - First 1971 1990 1962 A Hen registered Jan A 4s 64 101 95 100% 95% 100 101% *64% Missouri-Kansas-Texas RR— Prior registered Jan A ser first 95% 90 *97% 1973—May-Nov 1974 First Afar-Sept mortgage 4s inc Kansas 95% •' May -Nov 1997 4s First 102% 91% 102% _Jan-July Aprll-Oct 1967 mortgage 4Vis inc series AGeneral debentures • 105 101 — Afar-Sept Minnesota Mining & Mfg 2%s 1907 Minn St Paul & Saulte St Marie— Missouri 58% 2 53 Pacific Ry— (Minnesota) 103 100 91% *101% 101% Jan-July .Feb-Aug 1973 debentures 66% Northern States Power Co— 101% 102% — 100 ~1 May-No® Corp first-mortgage 3s 1966June-Dec Metropolitan Edison first mtge 2%s 1974—May-No® First mortgage 2%s 1980 Feb-Aug Michigan Bell Telephone Co 3 Vis 1988 Aprll-Oct Michigan Central RR 4Vis series C 1979 Jan-July Michigan Cons Gas first mtge 3Vis 1969—Afar-Sept 3lis 67 65 59 13 100% 101 90 1983 f lien Collateral 104% 98 96% 97% 87% 87% Mead First mortgage 2%s First mortgage 3%s 1982 Natural Gas 3%s s f debs Refunding Refunding Refunding , Afar-Sept 1978 Robbins & 3 Vis First Central RR 5% 1978 Manati Sugar 4s sinking tund Feb 1 1957 Manila RR (Southern Lines) 4s 1959 Dept Stores D series s 4s 119 103% 101 FeJj-Aug Si Co 2%s debentures Maine May 2004 A 1973 3s M Macy (R H) 2%s mortgage General ' — 58% 57 y« ■ 60% 60% 76 70% 62 63 62% 100% Jan-July 1977 1994 ser debentures Prior "78% 115 100 5 62 61 ' -May-Nov I^ouisvilje .Gas Si Elec 1st mtge 2%s 1979 May -Nov 1st mtge 3 VbS 1982 ___Feb-Aug 1st 72% 79% *95% April-Ocf April-Oct Cincinnati Div 4s 1955 & 4s mtge f 66 86% First & refund mtge 3%s ser F 2003 April-Oct. First Ac refund mtge 2%s aer G 2003-—AprilrOct First Se refund mtge 3%s ser H 2003 April-Oct St Louis Div second gold 3s 1980 Afar-Sept Atl 2%s s 78 86% 2003 1976 debentures Gas <fe 3%s 88 65% ;_May Louisville & Nashville RR— ' 83% 1 2003 ser debentures 3s 3 71% May-Nov interest Lighting Co 3%s (P) 87 71% .-May-Nov — — 60% *60 Aprll-Oct General mortgage 3%s 1983 Feb-Aug Norfolk Si Western Ry first gold 4s 1996—April-Ocf Northern Central general Si ref 5s 1974—Mar-Sept "General Si refunding 4%s series A 1974_Mar-Sepf 68 86 mtge Telephone Northern Little Miami general 4s series 1962 SALombard Electric 7s series A 1952 Long Island Electric General 60 87 2003 75 *71 61% Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Ref mtge 3%s series G 1984 Jan-July Niagara Mohawk Power Corp— General mortgage 2%s 1980 Jan-July General mortgage 2%s 1980 April-Ocf 94 % 45 Si Y N 86 % 87% Jan-July 2003 interest 79% Susquehanna Ac Western RR— 91 8 74% 3% N 85 94% 23 99% 100% ~7 ~3 86 75% 94% 3% 59% 78% 75% 15 2% 50 67% 97% 10 50 291 287 97% 2% — 70% 74% 82% 1% cons 86% 82% 5% 1st 93 328 53 AGeneral mortgage 4%s series A 2019 ■■V: — 68% 147 100 98% May-Nov Lehigh Valley Terminal Ry 5s ext 1979 Lexington & Eastern Ry first 5s 1965__ Lorillard 99% -- 66% Power Ac Light first mtge 2%s 1975—Afar-Sept N Y & Putnam first consol gtd 4s 1993 April-Ocl mtge bds— interest contingent 92% *99 2% 3 Vis 2003— interest contingent ASeries E 4 V2s , interest fixed ASeriesD4s consol gen fixed 100% 5% 1st *56 50 Feb-Aug mortgage 4'/2s extended to 1974 Series A 4s 101 94 % 2% Lehigh Valley Railway Co (N Y.) — Lehigh Valley RR 94% 17 5% Term *91% Feb-Aug Feb-Aug , 1st 6 100 % 2% 102% 86 Aprll-Oct 1st & ref 5s stamped 1974 Lehigh Valley Harbor Term Ry— 1st 100% 100 ~5% 1955 4s 168 90 102% d98 — N Y 116 Lakefront Dock Si RR Terminal— 1970 A 2007 ser 99% 90 94% Port Chester— & "I 2% 100% 36 June-Dec -- -- 105% 100% — 67% mtge conv inc 4Vis series A 2022—May 101% 101% *150 1st mtge sink fund 3% ser A 1968 June-Deo Lake Shore Si Mich South gold 3%s 1997__June-Dec 3%s registered 1997 refunding mtge 4s River AGeneral 99% IL Lehigh Coal Ac Navigation 3%s A Lehigh Valley Coal Co— Ac 160 100% 85% 97 103% Hartford RR— & 100 loo 100 104% 81% 96% 100% 1st mtge 4%s series A 1973 Jan-July JAN Y Ontario & West ref 4s June 1992—Mar-Sept 106% 100% 40 *102% 102 99% 99% 102' Feb-Aug 1998 A series 4s New Haven Harlem Jan-July 1961 99% 99 103% 103% 103% June-Dec 1961 94% N Y BO " * June-Dec 102 08% York Chicago & St Louis— AGeneral June-Deo 1978 mortgage 23/48 1980 Kansas City Southern Ry 4s ser A 1975 1st mortgage 3%s series B 1968 97% 7 d98 Connecting RR 2%s series B 1975.. April-Oct gold 3%s 2000 Afay-Nov Mortgage 4s series A 2043— ~—Jan-July Mortgage 4s series B 2043 Jan-July N Y Lack Si West 4s series A 1973 Afay-Nov 4Vis series B 1973 Afay-Nov 96% 97% *88 April-Oct 1st Plain — 99% Refunding mortgage 3%s series E 1980—June-Dee First mortgage 3s series F 1980 April-Oct • 1990 4s Light 96% 97 95% 109 York Central RR Co— New 100 1976—Afar-Sept 1st High 106 105% 105% N Y & Harlem Clear Si 13 100% 100% — Jan-July 3 Vis registered 1997 Jan-July Lake Shore collateral gold 3%s 1998 Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug 3 Vis registered 1998 Feb-Aug 91 % 102% 1950 D — — N Y Jamestown Low *102% 103 *85 *97 — General mortgage 3%s 1997 J Jersey Central Power & Light 2%s Jan. 1 NO. N Y Central & Hudson River RR— 108 100 . Refunding & impt 4%a series A 2013 Refunding Ac impt 5s series C 2013 122% 70% 102% Range Sinew Sold 100% >. *100 — April-Oct April-Oct Feb-Auy Feb-Aug A 1954 5s AFirst 131% 100 Jan-July Jan-July 1978 Bonds High 107% 108 100% May-Nov 1977 3%s Terminal 5%s series 5s New 89 61 97% 125% Afar-Sept 1980 3s 1974 AFirst ' 1977 A ' 1982 AFirst 125 101% 103% Friday's INew Orleans Texas Si Mexico Ry— debentures debentures Jersey Bell Telephone New 102% 102% 107% 3%s 1988 Jan-juiy Jersey Junction RR gtd first 4s 1986—Feb-Aug Jersey Power Si Light 3s 1974 Mar-Sept Orleans Great Nor 5s A 1983 Jan-July 3s International Minerals & Chemical Corp— Inter Rys Central America 1st 5s B Interstate Oil Pipe Line Co— series B 1961 Afay-Nov ; —-—•——Aprll-Oct Afar-Sept 4%s guaranteed 101% — 103% 103% or Bid & Asked England Tel & Tel Co— First Consolidated - C *103 % 103% Week's Range Last Sale Price Low RR— 1956 series 5s 102% — Period High AFirst lao2__ A *103% 1980_June-Dec 1972 scrips I 3.20s Great Northern § A Adjustment 6s series A July AFirst New York Stock Exchange New 4%s-33/4s ser A 1979—May-No® 5%s-33As series B 1979_May-No® Consol mortgage 3%s series C 1974——May-No® Consol mortgage 3%s series E 1982_—._Feb-Auy Cons mtge 33/4S series F 1984 Jan-July 1st mtge 3%s ser G 1980.—— Feb-Augr Refunding 4s 1955 .'May-No® Refunding 5s 1955 __May-No® Illinois Terminal Ry 4s series A 1970—-—Jan-July § Allseder Steel Corp 6s 1948— Feb-Auy international BONDS Jan. 1 No.' High Interest Range Since Sold RR— Consol mortgage Consol mortgage Inland Steel WEEK ENDED OCTOBER 1 Friday Bonds Bid & Asked Low Illinois FOR Week's Range Friday Interest *104% 97% 100% _ 96 % 70 104 112% 101 106% 96 100 % 98% 101% 95% 99% 94 97% 103% 98 100% 105 105% *106 * 99% 103% 108 103% 104% t Number 5365.... The Commercial and Financial Chronicle Volume 180 j (1353) 33 NEW YORK BOND RECORD RANGE Friday BONDS Interest New York Stock Exchange or Petroleum 3.70s deb cony 2%s Period debentures Bid & Asked 1964—Feb-Aug 1983 June-Dec 113y4 , Consolidated guaranteed 4s ser Consolidated guaranteed 4s ser G H mortgage 5s series A 1970 381 *107% June-Dec 107 April-Oct *86'A *101% 103% 107 general 5s series B 1962 109 108% 104 2 107% 103% 5 5s 1974 First general 4%s series D 1977 Plantation Pipe Line 2%s 1970 Potomac Elec Power 1st mtge 3'As 1977 88 — 103% ♦97 101% — 103% '• 1 and refund M 3'As series B and refund 3%s series C & M *<ji'/2 RR of 99 % 94% Ohio & Cent ref and 3%s 1974 100% 105 impt 3%s 131 135% 102% 99'A 97 100% *104% 104% 102% 104 % 100% 2%s 105% Jan-July mtge 7s 1950 ♦99% 1976! debentures § A Direct mtge 6s 1952 97% — St 84 100% 84 25 100 100 2 96% 153 153 1 123'A 1953 *133% 138 106'/a mtge trust 1972 & coll 3'/2s 1977 1969 Louis-San *133% 106'/a 131% 107 133% 4s Second A 1971 102% 1996_Jan-JuZj/ 5s Air debentures SASlemens & 104% 91% 9iy8 90% 11 100 ys 7 116% 1161/2 1971 1951 *108'% 177 24 177 172 *97 % Southern Natural Gas Co 4%s 4%s (Oregon Lines) Gold 4'/2s 97% 123 '/a , 4 y2s 1981 A 3%s 109 7/8 Jan-July Devel and 63 3 96% 96 18 *100% 101% /> 96 % 92% *97'% 98% 97 99 y* 75 6 70 75% 113% 114 148 109 117% 75 103% 107% 83 103 107 114 A 1956 Orleans Joint 3%s Southwestern 3'As Northeastern & Bell ASpokane Internal Standard Coil Standard Oil Standard Oil 2%s 2%s debs 1985 1983 (N J) debentures * 89% ApriZ-Oct ApriZ-Oct ApriZ-Oct 102% 117% 84% first gold 4y2s conv 3y8s »A 105'A 106 97% 104% 104 106% 105'A 90 98 — 96% 116 79% Shore 97% i 5 »■ 12 122 94% B *98 '/a 1995 94 96 101 — 97% ■ ; -- 100% *108'/a 116 % 6 103 103 *__ 105% 105% 107 102 104 86% 3 93% 93% "■ „ 101% 105 *101 93% 100 — *103% 104'/a 103 120% 101 1 Jan-July ApriZ-Oct Map-Nov , 99 102% 107'/a 107% 61 101% 105% 106% 1 110% J1 Go first Gen 8 Central RR First 3 102 y4 104% 103'A, 106 >/4 — *97 Yz 100 67% 67 9 6'% ---Jan-July 100 14 Mar-Sept *97 105 " ,,97% ' Jan-July . 98% 105'A 100 94 94y8 88% lOfr 136% 136% 136% 90 90 *90 93 102 102 96%. 103% — 98y* 102 ' 109 : *101% 72 95 Vb 1 108% 109 108% looya. 100% 100% April-Oct 1958 100 •102% *104% Jan-July 103 — 102% * 106 Co— 2%s Power 84 22 *102 II *92 80% 87% 94 64 y« 73% j 90 94% *93% Mar-Sept Jan-July 63 71 83% 70 May 1971— 3'As 83% Jan-July June-Dec 1976 mortgage 2%s 1979 Wisconsin Public Service 117% 107 61% ■59 y8 10 mtge 4s series A 2004 mtge 4%s inc ser A Jan 1 2029 Electric 104% 26 84 104% 105 1960 4s 15 66'A 65 104'/a 104'A May-No© first 103 64% Jan-July 1965 B 100% ~ A. 1980 mortgage 3s 1 65% 64% —Mar-Sept series 105% —• t Telegraph Co— debentures 62% 103% 102% 102% 105 105% -Jan-July 1960 5s 55% 5 *62 2361 1981 72'% *88 Jan-July Jan-July A 1969—April-Oct May-No© guaranteed ! 67 95 ; 104% 1C0 108 117% 117% 4s 15 ! 83% ioi y4 " 103% 104 104 May-No© 1974 67% 67 85 95% 16 31 106% 4 3'/2s 82% 98'/a 103% 10 Union Wisconsin 95 95% ♦ April *73% June-Dec 97 96 111% - 95% 100 — — 74 102% 96 24 100 8 not 1976_Jan-July 92% i 92% year's range, d Ex-interest . e Odd-lot sale Under-the-rule sale not Included in the year's range, r Cash included In the not .sal* Bankruptcy Act, in ^Negotiability impaired by y Ex-coupon. \ maturity. .... reported as being in bankruptcy, receivership, or reorganized or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current A Bonds selling flat. 1 Companies 96 95% sale year's range, n the year's range, the 97% 116 91 the included 74 87% 300 In b Power 2%s delivery not 103% 67% 39 113% Deferred included 98 92% 100% — 97% 111 95% 13 104 „ Electric Light Yonkers ft conv H oo £ WEEKLY AND YEARLY . under Section 77 01 week. RECORD the following extensive list we furnish a complete report of the transactions on the American Stock Exchange for Sept. 27, 1954, and ending Friday, Oct. 1. It is compiled by the report of the American Stock Exchange itself and security whether stock or bond in which any dealings have occured during the year. RANGE Friday STOCKS Last Exchange Sale Prico Par Acme Acme Aluminum Wire Adams Co Hat A "II Alloys common- Stores _10 Inc 1 4ero Supply Manufacturing. Agnew For Manufacturing footnotes — 2% page WEEK 37. ENDED OCTOBER Shares Low i\ fa 2,700 3% 4'/a 1,300 29'A 29% 100 2% 3'/a 1,300 % May •fir Jan 27 2% 4% Mar 4% 4'A 4% 1,200 7'A 7% 2,800 x5'/2 May 5 10'/a 9% 10'A 3,600 ~7% 11% Jl% 12 7% Jan Jan Feb High xl4 July 11% 11% 12'/a 14% 14% 14% 600 10 '/2 Jan 12 10,200 »/2 Jun 25% 36 124 'A 124 /2 101 % 101% 47/a 5 /a 2,400 167/a Jan 10 107'/2 Jan 128 Aug 275 96% Jan 103 Apr Ajax 50c Gas Aug Alabama Great Southern Alabama Power Corp Airlines 4.20% preferred Inc % 2 Petroleums Ltd 77/a Aug 13% May 9% 1 Alabama Feb Range Since Jan. 1 Low hi ah 3 Inc Jun 10% Low Airlieets Alaska 600 of Prices Shares Air-Way Electric Appliance 5'A n „ for Week 900 3% 2% Mar 7% Apr 31'A Aug Jan 1 Sale Price Par High 3y4 Mar Range Last American Stock Exchange Range since Jan 1 Sales Week's Friday STOCKS High the week beginning Monday, is intended to include every 1 Sales • common (N J)_ see — FOR for Week 1 Surpass Shoe Stores Air Associates Inc Range —1 A^^tilp Corporation. Ainsworth Week's of Prices Low ACF-Brill Motors warrants *> 77% 78 12 85 82 98 Jari-July 98 102% 103 83% 84 series B 1971 1st 4s ser mtge 4%s series B 1976; -Wisconsin 134 106% 106% first WinsLcfn-Salem 89% 105% 105% 1982—April-Ocf debentures 2%s 1971—Map-Nov 1974 Jan-July American Stock , 101 101 64 — April-Oct 1958 103% 1U(J% 118% *100% 101 % AMERICAN STOCK EXCHANGE In -L-fc 94% 93 y4 94% *94 105'/4 103% 2 104% 104 Va *92% 105% 103% 2 ' April-Ocf 2013 1967 ioo y4 "96% 99% 105 *105% 106% Mar-Sept Mar-Sept 93% 8 133% 133 " •»«*. 10 Electric 3%s debentures 100 96% — 92 89% ' 97% Jan-July Map-Nov Products 5s (Indiana) series 3s mortgage 3'As 30-year May-Noo Tel debentures 5s registered 2361 Wilson RR— 1977 *98 1975 First mortgage 3'A« series D 1967 1 106% 102% 40 100 92 * Jan-July Memphis Div first gold 5s 1996 New 91% 106 y4 97% — RR Co— Penn 1st 92 —Jan-July 1956 A 105% 105% *99 __ Jan-July 4s series series 105% Jan-July 6s 101 86% 103 *__ June-Dec Westinghouse Electric Corp 2%s 1971 Westphalia United Elec Power Corp— § A 1st mortgage 6s ser A 1953 Wheeling b Lake Erie RR 2%s A 1992 Wheeling Steel 3y4s series C 1970 97% . 57 general 100% *102% 105'A Gen mtge 4s income series A Jan 1981 April Gen mtge Income 4'As series B Jan 1991—April 4%s 102% 97% *95'% 105% 106% general 41 *100'A 101'A 1955—Feb-Aug 1957 mtge 2%s ser E consolidated Western 118 105% 106% general 6%s series A 1956 1969 series A Western Pacific RR Co 3'/as ser A 96% 91% 112 106% and 105 96% 95 89 101 1st 101% 98 ye 96 106% and 4s Western Maryland Ry my4 May-Nov May-Nov A '75—June-Dec Devel 98% 103% — v *__ 4s 66 49% 215 111% Mar-Sept Devel 101% 97% ** 100 88% *„. West 142% 1977 mortgage 2y»s series G 1961 Southern Ry first consol gold 5s 1994 gtd West Penn Power 3'/2s series I 1966 98 93 101% ♦101 96 104% 125 „ 62 % 110%. June-Dec First mortgage 2%s series E 1986 First mortgage 2%s series F 1996 *—. Westchester Lighting gen mtge 3'/2s 1967—Jan-July General mortgage 3s guaranteed 1979 Map-Nov 97 100% 97 April-Oct First 100% 100 West __ 97 97% 91% 1973_June-Dec ser 103% *98 — *105 99 99% *103 88% 107 94 y4 *98 —Feb-Nov Walworth Co conv debentures 3'As 1976—Map-Nov Warren RR first ref gtd gold 3%s 2000—Feb-Aug Washington Terminal 2%s series A 1970 Feb-Aug 101% 100 conv a San Fran Term 1st mtge Southern Pacific RR Co— 103% 99 — 100 and refund First 177 92% 3 „ ♦149 % Feb-Aup Jan-July Jan-July 1969 Gold 4 *97% *100'A *100 Wabash 100 118 Southern Pacific Co— First 106% 106'/a 37% w 99 1994 consol 109% 118 *102% 1987 Ry 2%s 99% First lien and ref mtge 3'As ser C 1973—April-Oct ;,95>/a 100 *95% Jan-July Indiana 98 80 -v debentures 118 100 ♦100 ♦120 April-Oct April-Oct Mar-Sept 1941—Feb-Aup Jan-July 1979= debentures 3 April-Oct sinking fund Virginian Ry 94% 86 Va 107 98% 2%s debentures 1985 Southern 99'/a Apr-Ocf Map-Nov 1st & ref mtge 3'As ser J 1982 • Virginia & Southwest first gtd 5s 2003 Telephone b Telegraph Co— debentures 99'/a y«: First and ref mtge 2%s ser H 1980_ Mar-Sept 1st mortgage & refund 3%s ser I 1281—June-Dec 105 101% __ 97% Oil 2%« 1976 Bouth & North Ala RR gtd 5s 1963— Bell 99 15% • 116% ♦951/4 Socony-Vacuum 27/8s 10 104% 104% June-Dec 6%s 100% Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept First and refund mtge 2%s ser G 1979—June-Dec 85 ♦102% 1974 Halske 95 May-Nov First 80 80 y8 Map-Nov Corp coll trust 7s Sinclair Oil Corp 3y4a conv 1983 Skelly Oil 2'As debentures 1965 3s 71 88 June-Dec JSASilesian-Amer Southern 79 Mar-Sept Shell Union Oil 2'/2s debentures 1 54% America— subord RR Consol Line RR Co— Beagram (Jos E) b Sons 2%s 1966 3s Vandalia 98% 95 *77% May-Nop Service Pipe Line 3.20s s f debs 1982 99% April-Ocf 1976 1967 of Corp conv First 1st mtge 3s series B 1980 37/8s s f debentures 1977 1972 2%s debentures debentures 3'/as Co— 1989 debs f Vanadium 102% ♦84 April-Oct certificates 99% 63 101 101% 98% ♦98% 100 Mar-Sept gold 1989_Jan-July St Paul & Duluth first cons gold 4s 1968—June-Dec Bt Paul Union Depot 3%s B 1971April-Oct Scioto V & New England 1st gtd 4s 1989—May-Noo Scott Paper 3s conv debs 1977 Mar-Sept Seaboard 102% 102% inc bond certificates Nov 4s sinking fund debentures 1973 series B Virginia Electric & Power Co— Mar-Sept Mar-Sept 1996 Francisco Ry bond __ 133% 133% 1st mortgage 4s series A 1997 Jan-July ASecond mtge inc 4%s series A Jan 2022 May Bt Louis-Southwestern Ry— First s Rubber V ApriZ-Oct 1st — Jan-July Feb-Aug 87 81% Corp— Adirond'k June-Dec Jan-July 1971 4%s 133 Feb-Aup mtge 6s 1955 6s 102% 71'A 35 Mar-Sept 1970 trust 3%s 155 100 May-Nov & 95 71 Feb-Aug mtge & coll 2%s 84 May-Noo gold 105% 7 100 _June-Deo 3%s debentures 1977 U S 5ADirect Second 101% 33% Refunding mortgage 2%s series C 1991„Mar-Sept Tank Car 4'As s f debs 1973 ApriZ-Oct United Biscuit Co of America 2%s 1966 ApriZ-Oct 105 *__ Reading Co fixst b ref 3%s series D 1995-Map-Nov Reynolds (R J) Tobacco 3s debs 1973April-Ocl Rhine-Westphalia Elec Power Corp— Bt Lawrence 4 34% Map-Nov 2%s debs 1970 3%s Baguenay Power 3s series 134 100 100 Union n mortgage 3y4S series J 101 122 June-Dec 1st 1964 General mortgage 4%s series D 101% 92 3 104% 104% — 2 133 Map-Nov 1st mtge 3'As 1982_ Union Oil ol California Union Pacific RR— 218 100 __ 991/4 June-Dec 103 200 *— 1979_June-Dec General 94 100 133 First mortgage and coll trust 2%s 1975—ApriZ-Oct debentures 1968 Map-Nov 1st Electric 21 100 __ 3s .< United Gas Corp. 2%s & 100% 100% 99% 104% Mar-Sept 1960 Union Electric Co of Missouri 3%s 1971 105% 103% *135% refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—Map-Nov 100 %, 103 30 101% 102% refunding mortgage 3>/4s 1983—April-Oct AConsol 94% 101 % 16 u ' 100 99% *215 and Rochester Gas 111 99% 103'A 103% — June-Dec 1st mtge & coll tr 2%s 1980 and 6s 125% *98% -- 1970__ApriZ-Oct 1990—.ApriZ-Oct 2%s debs 1961 96 98 10 *100 J/4 101 Mar-Sept First mtge 101 *122 Map-Nov Tol 107 106 97% 99 % 99% First SAConsol 100% Pacific— Orleans New , Jan-July May-Nov debentures Jan-July Jan-July April-Oct Electric b Gas Co— 25/8s 98 '100'A 101 gold 5s 2000 -June-Dec and refund M 3%s ser E 1985—Jan-July Tri-Contlnental Corp *104 Oats 94 VB % 95 98 98 first Pacific-Missouri Term 97 97 Pacific General \ 100 111 1963 May-Noc refunding mortgage 3'As 1968—Jan-July First and refunding mortgage 5s 2037 Jan-July Quaker High 104 95 April-Oct : First Texas Feb-Aug 1983 First and refunding mortgage 27/8s 3%s debentures 1972 Low 104 y4 May-Nov First 101% Texas ana and 1973 impt M 4s series C 2019 Refund and impt 2%s series D 1985 100% • __ *103 debentures 1st 1966 Jan. 1 NO. June-Dec mortgage 2%s 1984 Providence Terminal 4s 1956 First debentures debentures Refund and 88 96% 99% *98% 100 Mar-Sept First 3s 2%s Texas Corp 3s debentures 1965 Texas & New Orleans RR— June-Dec Public Service Mar-Sept Jan-July Jan-July Sold High Terminal RR Assn of St Louis— 108% 81% ' Feb-Aug general 3s 1973 JAThlrd Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 First Bid & Asked Range Sine* 104% 108 106% 107 Mar-Sept First mortgage debs Bonds 104 102% Pittsburgh Youngstown b Ashtabula Ry— First 3%s Oil Corp. 2%s 97 107% > series C Chemical Swift & Co. 2%s debentures 1972 102% —. — 107 mortgage 3%s series E 1975 1984 Stauffer Sunray 93% __ Pittsb Coke & Chem 1st mtge 3 %s 1964 May-Noo Pittsburgh Consolidation Coal 3%s 1965—Jan-July Pittsburgh Plate Glass 3s debs 1967 April-Oct Pittsburgh & West Virginia Ry Co— A Sale Price Friday's Lew 100 __ *108 General series or ' __ April-Oct 37/8s Period 107% 115 1rn , „ *103% mortgage 5s series B 1975 mtge 102% — General 1st 98% Week's Range Last High 31 103 *103% Feb-Aug New York Stock Exchange Low -- Consolidated guaranteed 4%s ser I 1963—Feb-Aug Consolidated guaranteed 4%s ser J 1964_Maj/-Nov Pittsburgh Cine Chicago b St. Louis RR— General V Interest BONDS Jan .1 No. 112% 113% *102 1957—Jfay-Nov 1960 OCTOBER 1 ENDED Range Sine* Sold High 100 % 101% Pillsbury Mills, Inc 3^t s f debs 1972 June-Dec Pittsbgh Bessemer b Lake Erie 27/8s 1996—June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— WEEK Friday Bonds Friday's Low Phillips FOR Week's Range Last 25% 50 100 —1 — — 4% % Aigemene Kunstzijde Unie N V Amer dep rets Amer shares 30 Vh 29'/2 30 /a 15% May \l 26% Jan Sep 2,500 37/a Jan 5% July 400 24% Feb 32% July } j ' Li¬ Chronicle The Commercial and Financial 34 ... Monday, October A, 1954 (1354) AMERICAN STOCK EXCHANGE RANGE Range Sale Price American Stock Exchange of Prices High 4% 4% 1,800 1% Jan 2'/a 2 ft 3,700 lil Jan 2% 3 Vb 3'/a 2ft 3% 2,400 2 % May Alleghany Corp warrants Allegheny Airlines Inc 5 1 5 5% 4,200 7% 1 Allied Artists Pictures Corp _• 1 5%% convertible preferred 10 Allied Internat'l Investing cap stock.-l Allied Products (Mich) common S Altes Brewing Co —1 Fisher common Alles & Aluminum of Co Industries Book Jan 5% Sep 92% Jan 99 y8 21'/a Aug 23% Jan 22 600 9% Apr 7 Vz 7% 11% V/z 800 4% Jan 7% Jan 33% 12 % \l 2,100 % May 1% 53% 53% 53% 13 ft 23% 23 • - Natural Gas Co 6% American Seal-Kap common Rights Anacon Lead Mines Ltd 4 3% 4ft 4% 5 1 Central Ohio Steel Products Central Power & Light 37% Aug 61 Sep Jan 12% 1,000 10% May ft 42,900 Convertible Camberlin 14% Feb 2% Aug 500 3 i I Jan 9% Sep Jan Jan 7% Co 95 . y' —10 2. "A" Appalachian Elec Power 4%% Argus 29,200 1% "9% 100 110% 110% 230 pfd__100 Louisiana Arkansas Power & Light $7 pfd Armstrong Rubber Co class A 4% % convertible preferred Aro Equipment Corp 18% 24 24 11'ft lift 11% • Oct 7 Vb Sep , Jun Feb Jan 110% Sep American dep rets 28 Clarostat Claude Associated CI Tel (ex A July 117 Feb Clayton July 51 Feb Clinchfield 17% Jan Club 13% Aug paid Dec on 22 "l Atlantic • 50 Line Co 1% v 8% Aug 2% Aug Coal * Automatic Voting Machine Ayshire Collieries Corp common.. ..3 ifa': Jan 5% Jan Equipment Co—_ ordinary. 7% May 125% Aug 16% Sep 10% Sep 2% Aug 3% July ]j| Stone Vtc Public Service Foundry & Cook & 4 Sep Baldwin Securities Corp lc 3% .3% 3% 7,900 2% May sft Banco de los Andes— 6 Light <fe Power Ltd _• Corp 1 Refractories Inc (A 1% 1% 1% 13,400 200 13% Apr 17 22 20 ft 22 8,800 13% Jan 27% Aug 6 6% 900 4% Feb 6 Works Inc British American Tobacco— Cent Cork 37% July 100 1,700.. May 24% Jan 97 97 98 110 88% Jan 99 Rubber L) 2% Jan 4% 2% Apr Daltch 1,700 1% May 4% Aug 2% Jan 9% Davidson 26% 28 ft 26% 100 28 28% 3,100 "eft ~6% 7% 25 1 17ft 1 1 ___2.50 500 ft * * Apr 6% Aug 26 Sep 31% Aug Dejay 29 Va Dennison Mfg Sep •• — 14 ft 19 ft Devoe & Oct 89% Jan Oct Distillers 800 19% 1,700 10 121 53 ft July 18% Jan 7% July Dome 16% Jun Domestic Feb 20 Sep Dominion July 4 July Dominion 12 %c 4% (new) Electric Products Sugar 17% Sep ft Jan Draper 4% Sep 1% 1% 1% 24,700 5 4% 5ft 400 Calgary & Edmonton Corp Ltd • California Electric Power • Calvan Camden Consol Fire Oil & Gas Canada Bread Canada Cement Co Ltd 6% % Canada Co..: Co 5 Ltd 11% 11% 8,300 5% 6% 86,800 28% 950 27% — 9,300 Canners Oil Co Ltd common Canadian Dredge & Dock Co Ltd Canadian Homestead Canadian Williston Ltd Marconi Canadian Oils 1 Ltd 2 _ • 10c i Canso Natural Gas Minerals Ltd vtc see page 37. 6c _I_1 9% July Jan 2% Apr 6% May 4% Mar 13% Sep 10, Feb 3j| Aug 12 % July 23% Jan 29 Sep 6i76 Sep 3 4% "2% 4ft _2% 5 19,700 14,700 Feb 3 132 %' — 71% 2 fa 71% 2 31 Jun Apr Apr 3% Aug 4% 6ft Mar Apr 29% .76% Aug 20 53% Apr fa 500 1% Apr 212 Jun Jan Jun 5% 5% 5% 6,800 4% 3 2% 3 3,000 2% July 6% Aug 3% Aug 1% 1% 2 7,800 1% 3 fa Mar 24 Jan 165 Sep Jan 10% Aug 18 Jan 22 Apr Jan Feb 6% 2,700 10 9% Aug 15 Aug Cement Ltd Co Ltd. Corp Co Harris 5 5% 6% 5ft Mar Jan Jan 30 Va Aug 4% Apr 5% Aug 700 16 ft Jan 21 Va 133% Feb 12 ft Jan 200 1% 8,500 Jan 1% May 1.200 145 14% Sep Jun Apr 2% Sep 3ft Aug 1,400 22 Va Jan„ 26% Aug 1,900 11% Jan 30% 1ft July 5,200 Sep 2 Vb Mar 3 2% Jan 13% July 31? July 6.100 Feb 10 Vb 6% Mar 5% Jan 7 ft May Sep 7ft 2,100 16% Anr 13ft xl3% — xl3% • 9,900 10 ft Feb 9% 1,400 7% Jan lift Aug 6 Feb 7% Mar x9% 9% • 7 * 7 100 5 ft 5% 600 21 xl3% Sep Oct 1 CJ! 1 05" 4% • Aug Jan 43 Jan Sep 7.200 26% 2.200 15 Vb Mar 9 Vb 9% 10,400 8% July 36 Va 36% 100 30% 23% 30% 19 1(1 lo 18% 19 9% 1 — 7% Mar 26 Apr 84% Julv 30% Oct 19% May 10% Sep 40% July 33% Jan 40ft 10 Jan 52 7,300 9 Vb Jan 14% July 2% Feb 3ft Jan * Co Aug Laboratories— B) Ltd— ord dep rets 3U common— 1 * 1 Sulphur & Potash Co • Co (The) Hosiery class B common 12% 3 jf 200 "3% 10s reg__ 13 ft 12% 10c common Rubber Co Test Corp 2 1ft x27% 600 13 6 % Mar ... Durham Duval Feb 19% Duraloy Duro Sep 16% 10 — 12% 12% 1 Co— (Allen A 13 Jun 5% July 300 !io 10 Inc common Power American 28 % Ifa * common common Class 5% 20% 12 % 225 Ltd Brewery Dunlop Jan 6 13,200 3% 3% 500 7% May ~6% 6% 100 31 Vb 31% 31% 600 Aug Feb 1% 23% 71 July 5 Jan 25 Vb Apr 316 Sep 4ft Aug 10 July 7 July 33 Vb Jun Feb Mar 29% "2 % • _ Sep 3% Mar 92 20 Atlantic footnotes 6ft 13% * Southern Petroleums Ltd vtc Canadian 11% 13 * common preference Canadian For 1 Insurance 1% 3 13% Co Drilling & Exploration Co I 9% 19 13% 13% * 2% 2% 2% 2% 25% 25% 28% 28% 1ft- 1ft 2% 2% 25% • stock Douglas Oil Company Dragon 50c Jan 2 V» 18 — & Chemical Dow 10c common Estate common ord Sep DuMont 11% — 50 2.50 .1 1 htd Co & Coal Jun Duke Calamba Corp Bridge 10% Jan 9% 4s 4s reg Ltd 11% 2% i23% Sep 5 1 Jan 10,500 Jun 14% 142 10 Sep 7ft Aug 12 25c Corp Finance Steel ord rets Jan 4% 21 160 Jan Ltd— dep 8 4ft Jan 1% 50 19 _—-1 Ltd———. 8% Driver Cable Oils Textile Jan 14% 2,000 21 9% 10 Tar Mar 1,550 2ft 160 21 1 1 Foundry Mfg Co Iron Exploration Jan % 23% Jun 4% 109 % -- (The) 11% 11 , 2 __ Dominion 1,300 22 Va 1% 23 — . Products: Co American 11 31,800 Feb 100 Dominion % 9% __1 Sep fa 2,600 5 — Jun % 14% Jan 5V4 May 2.50 Manufacturing 9% 3s 6d 73 % 600 13% 14 5 Raynolds class B Diversey New dep rets ord shares Biscuit Corp 3,700 6 Vb 20% 26% 800 10 V4 July 19% July 1,500 Jan 1,300 12 ft Aug Jan Jan Hi Jan 16% Feb 7% 29 % 6% 10% Sep % Aug 17% 1U 20 Vb 10ft 14% Jan 700 29 % 5% 20% 200 16% Oct Jan 500 1*4 29 % 2,300 10% Oct 15% 9% —...;,10c ,—.—35 50c A 8ft 10 ft 40 3% Mar * (Mo). ... class 25% 10% • __ Aug 6 Vb * Co 24% 16% 9 Sep 30 106% 109% 106% 25c common 8ft ... Jan 6% Jan Jan 8% 5,400 12 Aug 11 19% 9% 5 ! common Devon-Leduc 4 25% 4% May Sep 14% 19 reg)__£1 Inc Hardware 17% 19 11% 19% 700 Steel 25% Jan 12 6% Gray 6% ft 13 14% Detroit Jan 700 10V4 5,600 6% Detroit Sep Jan 7% 100 u 14 Va 6% 8% 7ft 14 ft 14% ft 6% 5% Mar x50% May 15% May 14% % 12 14% Gasket & 18% 900 11 partic debenture 900 1,300 200 1 Detroit 40,300 17 15% 1 2.50 6ft Sep 17% 16% 15 ft 1,800 class A common.———5 Stores Jan 25% 116% 121 17 15% common Day Mines Inc Dayton Rubber Co Jan Mines Ltd— C & C Super Corp Inc Brothers 16 ft 2.50 preferred American Burry 50c common . convertible 121 (ord Crystal Dairies Inc Hosiery Mills— 21 Jan 30% Mar 1 Davenport 25 * Bunker Hill & Sullivan Burma io common common preferred 60c Jan 500 20 V4 Feb 21% 3% • common Ltd class B Budget Finance Plan Jan Mar 40 common 5% Mar . reg— —£ Junior preferred Buckeye Pipe Line 4% 24 39 5 V» May 800 8% 10ft Sep Jun 28 (Md)__. Sugar Detroit ord common Co x6% % Sep 200 700 5% Mar 40 __ * "A" Manufacturing 8% Distillers Co Lighting Curtis 1,000 • (E Curtis 3% 7,600 6% May 100 Jan 1 31V4 Sep 17% Aug Aug 3% 6 • Mills Tobacco Atlantic 3 ft 6 1,200 8,800 8% 28 1 10 Cuban 9% Aug __ common.—,* Cuban ' preference Bruck Crystal Oil Refining $6 preferred 3% 6 Feb % May • common Sep Jan 37 7% $3 Bruce 10 6 Vb 500 2ft Co Drug Aug 5% 1,200 7% $5 convertible preference Brown 19 Jan "9 ft 10s cumulative Jan 34% 2 reg British Columbia Power 4% 10~ 9 7% dep Forman Sep 34 10s 2nd 11% 34 2 * Apr 7% July — • Co 10% 4 19 Feb 10% _1 Internat'l 18% 22% 800 28% 12% Co__l .... Machine Petroleum Crown Crown 19 7,700 -5 Crown 11% 30% 13 — 29% % 6% 28% Co receipts dep Aug lift — 10 Milner & Co— 11%'July lift 17 Vb July % 5% Petroleum 46 % Feb Aug 24% Aug Ltd— American Crowley 10 Jan 8% A_ Jan British Celanese Ltd— Brown class Jun bearer Company Courtaulds Creole 8% Mar 13% 9 common 9% dep rets ord Brown preferred 22% Aug 12 Vb Mar * Reynolds & Sep. July 400 * 40% • Co common.. rets $1 Aug . ft 4,500 _—5c 600 ♦ Oil dep Corroon 19 Va May 6 14 15 ■■' 8% Inc Coro Jan 6,100 Gold Mines 600 45 1,100 9 % 9% non-voting_, 9% % American rets ord B 46 ft 20o Pwr ord British American Class Cornucopia 9% •- Bridgeport G'as Light Co Amer Aug 22% Feb 10 ft Mar Aug 14% 1 Corp. voting— 46 ft • common Brazilian Traction Light & Breeze Corp common Amer 8 A 9% • common Brillo Manufacturing Apr 22% Distillery Ltd— (H) 46 ft . Foete Gear 5% May 1,300 5 % % prior cumulative preferred—100 Borne Scrymser Co 5 Bourjois Inc 1 Brad 1% Mar 5ft 3 Co & Co Aug Sep 14% com.* common (S) Corby 1 common C) 5 Jan 200 Jan 14% 22% 10 Corp Varnish 25 common Birdsboro Steel Fdry & Mach Co Black Starr & Gorham class A (H Jan Sep 6% 10% 5ft 4 Bohack 1% 10 Va 14 ft 1 Blumenthal May 5 Va Bickford's Blauner's 9 Sep 14 ft Benson & Hedges common Inc Jan 4% July . 3% 1 Inc Co 10,200 300 2% 300 5ft 10% 8% 7% Aug 1 . common Bell Telephone of Canada Watch 8% 4% 5 Jan 1% July 34,800 1 Shoe Corp Beckman Instruments Inc Benrus 211 1 common. S) Bellanca Aircraft 2% 10% 8% 50c Beau-Brummell Ties fa 1 Bearings Inc Beck 2 50c Barcelona Tr Paint Class shares 13% * Continental Sep 11% Mar 10,200 13 ft 3% 2,700 ft 9% 7/b Commercial Sep 1,700 Barium Steel Continental 16 5,900 4,500 5% 5 ft 1.25 Var 5% 15% Basic Car-Na 15% 14% 12% Engineering—1 Inc & Jan 15% Ltd Lines 3% 14% 44 V4 May Mar 7% * Oil— Royalty Aviation 8,600 15% Jan 10 14% Liquidating 14% 11% 31 14% Mining & Smelt'g Ltd—-* Feb Aug 400 13 ft Feb 9ft Consolidated Air Jan 3% Mar 38 ft \ Corp Utilities Gas Sep 5 2V4 1 Engineering Colsolidated 34 3% July 21 % Consolidated Consolidated 26% 500 15,600 9% Aug 1 Oil Jan 900 2 % 22% 1 Aug 1 American Aug 50c 1956— to ext 14 Rubber Banff 12% 8V» — 12% 18 Baldwin ; Jan Jan 2,000 4 Machinery— Shoe Compo Co Co.. Jan Baker-Raulang Comany common Aug 37 % 37 % 14 ft Mar 8% May 32% —— 1 & Continental 4 11% * __ 10% 200 Jun 6% 12% 2% 2% Jan 1,700 7% Jan 4 Hoc 2% 17% Feb 4 21,000 32 • Co vtc 200 13% 5% 2,100 6% 10% Jun 16%, ■v'v Aug 10% May 5% — __ 1% 3ft 6 Vb b Vb „ Community 85% 3ft 5% 5% 1 22% 500 4% July 18 V4 10 118% Bailey & Selbum Oil & Gas— 4% 14 Jan —20 common Oils Continental 1 Feb 38% July — . Continental A. Jan 9 12 5 Corp Manufacturing Consolidated Class 41 400 2,200 . 13ft Aug 13% 3ft 1 Apr 11% .1 2 Vb 1 . Feb Aug 7% 17% Commodore Hotel Inc.———— Feb • 30 Apr 16% 14 1 Vb 6,600 Apr 22 Jan 19% 11% __ 13 1,700 31,000 Sep 16% 400 Sep % % Mar 4,100 Jun Aug 17 5% 1% 14% 28 11% 13 ft Colts 10 ft 79 7% 1 Sep 9% ,12 Vb 5,200 10 102% 12% 25% 1 Co... Products Sand Jan 13% 1 Jan Jan 1 Airlines 80% 10'/a Corp warrants Atlas Plywood Corp 9% 67% 22 V* July Feb Jan • Development Colon 270 117 25% 50 Co Caribbean Cockshu+t Farm 101% 102% 1% 112 . _ __ Aluminum Colonial 102 ft Atlantic Coast Fisheries Atlas Jan on '53). 18 & Lambert Manufacturing —.4 Colonial div arrear & $41 Coast Jan 1 4,800 Aug Aug July Jan 23 17% 1 — Inc Hosiery Jun Tel— & $43 '53 1 1% "2 ft' 2 Co ft 17 ft 25% 5 Manufacturing Neon Claussner Mar 19% 5% 1 12 50 % •' 5 Corp (The) Controller Sep £1 of America Cable & convertible preferred D L Co 4% % Clark Coastal reg Laundries Wire Auto Stamping Clark 44 6 2,100 1ft -1 Mining City Specialty Stores Inc common. 4% 14% Associate Electric Industries— Associated Circle City Jun 75 Apr . __ 4 Machine & Consolidated 19% 1,200 6% 200 27% 13 ft July 16 ft Aug 15 Jan 5,200 5% 1 Rivet 24% 45 36% Jan 5 14ft 5% 550 Jan 15% 15% Feb 6% 13% 1,400 Jan 113 36% — 5% Ltd. Co Sep 9V4 Aug Aug — • 10 8% Mar 95 13 73 ft Jan 45 2.50 80% July Jan Jan 11% Jan 100 Jan 6% July 87 8% 28 Jan 105 11 72 Va 9% 100 Aug 100 8% 11 11% 8ft 20 Jan 34 Jan 72 Vz 15% 116 29 % 7% 11% 12% 20 8% Aug Jan Jan 300 —5 5,100 115 * • 50 Jan 72% 25 Chesebrough Manufacturing common. 10 4,500 24% 5 Co Gas 3% 200 13% Cherry-Burrell common 11,300 19 Vb xl8% 1 5 Fuel Oil Corp Arkansas Apr ' 3% I 1 Cameras Inc Arkansas 45% 4ft Mar 1,200 6% 2.40 shares Angostura-Wupperman Apex-Electric Manufacturing Co Jan 23 6% 1 ' 7 Vb Aug 5% : 4% 8% ■■ • 10 common Oil Charter Chief Anglo-Iranian Oil Co Ltd— 45% 4 Va Jan 26% 50 80 95 . * 2.50 common America of Co Corp Chicago 6% Sep May 3 50 6% 100. . preference Aircraft Cessna Charis .3% 44 Va Jan 7% Apr 3% 200 79 ft 80 1 pfd... Investors Inc 8% Juiy 5,200 35,300 45% Feb 16% Mar 23% ——, 4% Century Electric Co common Century Sep 9% 3% preferred 17 8% 9% ft Sep 4% Jan 12 9% 14% Sep - 3.50% Aug 200 3% v Sep- i*6 1,000 £1 7ft 28% 4% 8,400 7 ft '{'V V fa 28'% r — — — 7% Sep 31% Aug Jun 4% 4% American dep rets reg Anglo-Lautaro Nitrate Corp— 13% Aug 22,500 5 25% Mar 16% 9 1 ..1 19 4% 9 14ft Jan Central % May 6% Central Maine Power Co— 16% 2 100 Jan 4Vs Jun 3 64,000 Apr 25% Feb 4% Anchor Post Products 14 Vb Sep Mar 1 Vb % May 7% 23% 20c Amurex 14 ft 122% 115 4% July 6 20% Mar Jan % 500 * Sep 12% 3% 6ft Feb Jan Jan % Aug ' • 35 ft Aug 7% July 80 Vz 250 1 Aug 16% preferred Writing Paper common Oil Development class A .10 Co July 5 5 5 Thread 5% & 15 4 American (A 59 48 12% 8 Feb 36,600 3ft : — — Jan 50 60% Feb Jan 2% 12,900 fa '■ Jan 1,600 35 57% % * 7% 1,800 31 35 - Castle common. 45% 34,100 7% 6% 30 57% pfd—25 10 2 Republics American 30% "% 1 Products 600 23 ~7% ~7% 120 % 122% 2s 6d . Casco 1,000 23% 14 110 200 13% 1 Meter Co dep rets B ord M) Aug Oct :.;'V Ltd-— Carreras Apr 28 % 10 3,900 Jun 1% July 23% Co 13% Aug ~7% 122 1 $5 50 13 Vz 20 25 Laundry Machine Manufacturing Co com 23 " 25 Co Maracaibo §Carr-Consolidated Biscuit Co— 10% 10 IIV4 Jan 10,200 5 • Light & Sep — 1 American ~7% • common pfd American 100 Rubber Co Power High 4% Sep 7 2.50 : Low High 4% 4% 10% Apr 4,700 15 1 Co American American 3 700 4% 98% 11% Beverage common American American Apr 21% conv American American 33 Feb 27% Carolina 99 4 Vz 4% 450 31 Carnation Sep 11% pfd {American Bantam Car Co class A Air Filter 5% Hard 30 Vz Oct 3% Co & Range Since Jan. 1 Shares 22% 1 5 —19.60 Inc,,——1 Kennedy & Baxter 10% 2% Mar 31 • • common Industries Inc American 600 200 Goods Manufacturing., American 200 3% Carey Carman 25c Aluminum American 10% 3% 100 preferred Aluminum Ambrook 10% 3ft America— cumulative $3.75 10% Canso Oil Producers Ltd vtc of Prices Low Capital City Products common Capital Transit Co Jan 6 3% May 10% Oct Far Fcd foi Week Range Sale Price ' - Sep Sep 8 % Aug Feb ' ■ 3% lOo Co All American Engineering 5 Last American Sleek Exchange Range Since Jan. 1 Low High Sales Week's Friday STOCKS Shares Lew Par OCTOBER 1 ENDED for Week Last STOCKS WEEK FOR Sales Week's Friday Jun Apr Eastern Gas & Fuel 4%% Assn Eastern Malleable Eastern States preferred series A preferred series B Eastern Sugar Associates— shares preferred of I— 8 8% 6,000 59 59% 950 28 28 17 % 1 $6 Common 8% 59% 25 Iron Corp $7 $2 10 100 common prior preferred beneficial . * .—:_* ; . — 170 • ,16% 17 % 183% 183% 170 170 • 50 3.900 150 25 v int—1 30 ^22 22 22 100 7 Vb Aug 56 % Aug 22% July 10% Jan 66% Feb 35 Aug 17 ft Oct 8 Jan 147 Jan 185 July 134 Jan 176 Aug 19 July 27 Feb 21 Jun 25 Feb Commercial and Financial Chronicle Number 5365... The 130 Volume (1355) AMERICAN STOCK EXCHANGE '"t RANGE FOR WEEK ENDED Friday Last STOCKS Par Bond Share & Corporation ElectroData Low % 3,100 10% Jun 25% % 7,600 19% 26 8% 2,600 18% 200 Empire Millwork Corp Emsco Manufacturing Co Hyjfi 9 16% -■it 100 jj% 47,000 2 Jan 4 41% 42% 1,850 33 Jan 43 i'% 400 Sterling 1 Fishman Co Inc (M H) Tiger Line Inc Ford Motor of Canada— Flying Class A B voting A a jan 38% 1 itj 52 v2 4% 5% 43% Jan 3% Jan 22% 6 5% - 3,000 17,300 14,000 4,200 24,100 ; . Jan1 5% Mar 72% Jan 6% Jun 11% 9% Apr 17% Jun 5% Sep 2% Jun July 1% a 4 21 22% liV 3% 5% 49% 5% ,5 7,000 52% a 3% 39% 20% Jan 4,400 ' Feb 24% Aug 7% Aug Sep 103% 99 100% 104 3,600 100 106 65% Jan 103% Sep 71 Jan 106 Apr 10% 10% 10% deposit receipts ord reg_£l American ib,900 10% 4% Jan American Fuller (Geo Co A) 1% 2 224,600 a jan 21*6 4% 700 3% July 4% Jan 6% 7% 3,500 4% 7% Sep 2 a 13'a a 13% 13'/» 800 Jan 15*% Jun 10% Jan 1 Key Co common Kidde & co 5% Co Power Gellman Mfg Co General common Corp Acceptance * i » Fireproofing General Outdoor General pfd A Corp 5% Genera) i common 6% Adv pfd Plywood Corp common convertible $5 Mich Gilbert (A Gilchrist Mines Gold Jan 2 1,300 17 75 29% 700 2% "2% 1% 12,300 13% 14% 800 1% 1% "1% 10,300 111% 112% 9% (Adolf) 10% Inc 1,775 • A 52% Gorham Jan 9 9% 3,800 21 % 200 9% 39.200 10% 1,500 % : 52 ~~u _50 — 54% V Great » Atlantic Pacific & Lakes Greer Hydraulics Gridoll Oil Griesedireck Western 1% Mar H Sep 32 360 Jan 59% Sep 51% Sep 78 Jan 86 40% Jan 10 1 5,000 % Jan 60 36% Jan 43% Jan Mar 1% » Jun J47 % Apr 26% 27% 300 24% Jan 27% Oct 22 150 20% Aug 23% Aug 6% 3% 6% 6% 1,500 14% • 15'/a 1,400 4% 3% 196% 200 196% 1 2% 18% 18% 9c Inc 6% 6% 139 17% 2 Brewery 6,800 * 140 2 2% 6 7% Jun Jan 13% July 2% July 17% Jan 4% Aug 18% 7 17% 17% 275 164% Feb 120 132 Jan Aug 140% Jun 1% Aug 2% Feb 27,800 2,100 4,300 16,100 5 * Grocery Stores Products common Alabastine Gypsum Lime & • Sep Jan 21% ♦ 100 Co Leases Freehold 9% 12% 24 27% 50c Chemical & 6% Apr 9% May Apr Tea— Non-voting common stock 7% 1st preferred Great 13% Mar 25 21% 10c Industries Inc Amer % Jan 9% Jan 8 Apr 10% Jun 300/ Sep 3% Aug 10 19% Jan 82 43% —4 Graham-Paige Motors 5% conv pfd_ -25 1 Grand Rapids Varnish _5 Gray Manufacturing Co— Great 107 7% 9 Aug 1% Jan Apr Apr 4,400 82 —1 Mines Manufacturing Co Manufacturing common 110 ■1 16 5A Jun July 8% Aug Xl3 Aug 40 May 230 19% Mar 7% Mar 17% Sep 14% Apr 43 Aug Hall Laboratories Inc 1 Hammond Company Organ Electric Hartford Light Brewing Co Harvard Hastings Mfg Co Hathaway Bakeries Inc Lithographing Co__ Havana Hazeltine Hearn Helena Heller Co class Co Stores Holophane Horder's Co & Hardarl Horn & 5% 4% 2,000 3% Feb 6% 100 4% Jun 2% 2 % 400 43% 47% 3,100 ~8% 9 % 2,400 Jan 21 450 18% May 15 15% 150 i3% 24% 25% 800 Mar Sep 4% Aug 10 Jan 3%-Aug 47% Oct 4% Feb 9% Sep 23% Jan 15% Sep 19% Jan 93% Jan 102 Jun 70 __ Jan 80 Sep 9 25% Sep 10% 100 Jan 10% Jun 4% 1,100 2% Mar 7% 7% 200 6% Jan 4% Aug 8% May 8 9 10 — 2.50 12% 12% 12% 600 _5 -1 * a 17% 17 17% 2,100 3 3 200 15 15 500 137 Lock & Manufacturing Co 138 35 130 1,000 18 30 29% 100 84% 85 29% 86% 24,000 5 100% Jan Jan Jan Apr Jan Jan 12% '12% 500 13% Sep 19% Aug 3% Aug 15 Sep 16 1 (d Emil) Aug 22% July —* common dep rets ord reg 25 Imperial Tob of Gt Brit & Ireland Indianapolis- Pwr & Light 4% Insurance Co of International North Cigar Machinery Industries International Metal Petroleum Internationa] Sep Resistance Investors Iowa Iron Lamson Lear __ 7% 37% 10% -10% 7% 21,600 100 8 2,200 99% 100 20 28% Ja cum Lefcourt Realty Le 10074 103% 1,500 * 5% Class Manischewitz Marlon 400 9% Mar 900 2% May 1 Aug 6% Apr 14% 14% 15 4% 6% 4% 5 1,000 4Va Jan 6% 6% 3,900 5% Jan McDonnell see page 37. McWilliams Mead Iron Mesabi Mar Jan July Jan 9% July 6ii Mar 4% 7% Jan 600 8% 39,300 1,300 3% 4% 34% 35% 4 4% 6% 4% 6% 300 Jan 7% 37/s Feb 8% Sep 3% Jan 6 70% 70% 71 13% 13% . Sep Sep Feb 5% Mar 6% Aug Jan 6 Apr 48 44% Feb 71% 10% Jan 14 25 14 4% July 4% May 100 Sep 42% 2% Jun 33 500 6% 47 15% Aug 19% Aug 15% Mar 6,000 4% 47 6% July 6% Sep Jan 18% 6 20% Aug 5% Aug Jan 8% 7 41% 950 475 Sep Sep Sep 3% Aug 11% 2% 1,500 2 14% Jan 73% 74% 26% 8,700 51% 75% Apr 25% -» 2% 12% Aug 2% 74 150 22% July 10% 11% 3,800 10% Mar Mar Jan Aug 12% May 30 , Textile Metal 400 11 Jan 18% Aug 800 21% Jan 18% 100 15% Feb 28% Aug 21% Jun 32% 32 % 10 31 31 31% 125 22 Sep Feb 31 3% Mar 10 £ Corp 33 * 1 5 ---** Midland Steel $2 Co Miller Co Co 19 25% 28% 30% 400 12% 13% 11% 20% 6,100 3,000 Public Power 2% Jun 19% 18% 19% 4,500 10% 800 Sep 4% May 39% July 9% May 14% July 32 9% 60 60 10 15 6 Jan Apr 55% May 5 5% 13% 5% 300 13% 14% 3,700 10% Mar 1,600 1 ; 8% 8% 21% 12% 21% 6 2,300 I if Apr 7% Mar 13% Jan 11% July 1% 8% 700 Aug 812 Sep 19% Sep 10% Sep 60 Sep/ Jan 6 Aug 22 Aug 30% Sep 14% Aug 20% Sep Jan 5% 14% Sep 1% Sep 8% May 24% Aug 13% Sep 14 Feb Jun 36% Sep 13% Jan 5% Jan 22% 12% 13% 3,500 11% 11% 100 11 Feb 26 26% 800 24 19% 20% 1,700 6% 1'9% 6 % 200 23% Mar 27 27% 600 3% 1,900 2 Jan 4% 5% 2,000 4% Jun 50 * 100 33% 33% 300 30 Jan 33% 16% 16% 500 10% Feb 17 Sep Jun 106 Mar common . — 3% 102 37% * co— 38% 37% 37% 40 Plan Corp of Feb 37% Jun 47% Jan 104% Oct Apr 107% Sep Jan 104 7/e 104% 60 104% 104% 50 3% 100 2% 480 172% 104 Tel States 8% 600 5% 1,000 3% 300 18% 100 117% 117% 50 3% 18% 100 Tel— & ——1 1% 1% 5 common—2.50 10 Company common :50c 25% 25% 8% 8% imc Ohio Mfg Co Muskegon Piston Ring Muskogee Co common Murray 25 39% 8% 4% 4 —2.50 preferred Mills cumulative Vernon-Woodberry 175% 176% 39% 1 Products Metal 95% 104 8% 31% 31 1% 38% Aug Apr 30% 104% 175% Sep 300 104 3% 5% Mar 10,000 • preferred—.—100 & Co class a * participation pfd—* America 10c Investors Morris Sep Apr 27% Sep 3% Aug 7% 3% 5 Ward Moody tv Jan 20,100 28,900 preferred series b..100 4.50% preferred series c -100 Monroe Loan Society com class a * SMUntz 15% 5% 8% 1 cumulative Mountain Jan 4% cumul Mt Clemens 22% Jan 8% —1 Service Monongahela Montgomery Feb Apr 32 50c ——; Corp 6% 7,800 Jan 7% Feb Apr' 5% • * common— Molybdenum Mt 11 19% 12% 59c Refineries 4.40% 300 8% shares 4%% convertible preferred Mining Corp of Canada Minnesota Pwr & Light 5% pfd 4.80% 3,000 28% 26% 25c common: dividend Piping Missouri 6,300 8% 13% 1 common YPtohl 21% 34% —1 —1 Abrasive Mid-West, 8% 13 34 Products— non-cum Midvale Mid-West 32% 8% 10 1 common Ltd— Corp Muter 98% Oct 4 Sep Jan 180 Apr 34% Jan 40 July 5% Jan Jan 3% May 3% Jan 14 Apr 105 V* Jan 8% Sep 5% Sep 37/# July 21 Aug 119 July t\ Mar 11,600 l'/a Jan 28% Jan 800 25 Jun 8% 300 7 Jan 8% Aug 31% 300 28% Mar 33'/a May 5% 300 4% Jun 18% 700 5% 200 26 5% 6% Jan n Nachman Alfalfa Dehydrating 1 Hess National Union Electric Corp Neptune -10 National Starch 11% Jun National Jan Jan 103% Sep 19% Mar Mar 34 Steel 3% Jan 4% Sep 1,100 2% Jun 3% Products Nestle Le Mur 4%% common Min New Jersey Mexico Jan 90% Mar 12% 500 9% Jan Park 4% 1,100 3% Sep 13% Sep 6% Feb New 4% New Process & common York Auction York & York 17% 2% 20% 12% 11 ,v 10% 14% 20% 20% 47 3% 1% 40% — 21(r 130% 4 Jan Jan 1 1 * 8% 5% 41 22 2% 5% Jan 17% 4,300 2% 19,600 1% Jan 7,200 15% Jan Sep Jun 18% Aug 2% Aug 21% Sep Jan 21 12% 12% 100 1% itt 6,200 10% 10% 1,200 8% Jun 11% July 2,900 xll% Jun 15% July 13% 14% 10% Mar 1 % Apr 13% 2% Jun 20'/a 21% 4,000 16% July 21% Sep 20% 21% 5,100 15% Jan 21% Sep 46% 48% 2,200 18% Jan 48 % 25 % Apr 29% 3% 1% 3% 2 3,100 1,800 2% Aug 1% Mar Sep Sep 3% Feb "2 f>g 45% 2% 130 VB 131 3,700 2% May 30,100 810 24% Jan 48% Sep 3% 40 Apr 4% Feb lfi Jan 115% Jan 2% 100 2% Aug 8% 8% 250 7 4% 5% 42% 190,700 41 20% 22 Jan 213 May 136 3% 10 Aug Feb July Jan 5% Sep 11,900 36% Feb 44% Jun 10,200 11% Jan 23% 2% 2% 10% 100 37% 40% 3,550 9% 9% 50 1 % May 28,200 10% 2% 6% 45 Jan Sep 2% Sep 55 Sep -- Co Honduras Rosario 17% 19 20 2% 1 common—^—* 10 Merchandise— 10 New New Land Mining Co Co —100 .—25 ! Arizona New 2% July Ltd 1 40c preferred 20 Chem co—-—50c Zlnc_ & 12% Sep Oil Tel & Tel—; Clock & Watch Co convertible Idria , Co? common: Dominion British New 8% Ltd! Car Meter Feb Corp Corp Machinery National Transit common 2% Mar 1 25c 2 4 1 10 1 * 1 30c Sep 83 Inc Co Rubber Mar Ltd Industries Radiator A Sep -—*'•', Mfg & Stores common— Research 37% 1 common Gas_ Petroleum 14% & Milling Co Presto 4% -—1 Inc National Sep 5f« Sep 18 10 Corp National 30 8 Jan 15% 27% 18 _ National 100 3% Jan 14% 26% Participating preferred 15 Michigan Bumper Corp 1 Michigan Steel Tube —_——2.50 Michigan Sugar Co common * 6% preferred 10 Mlcromatic Hone Corp 1 Middle States Petroleum common 1 Midland Oil Corp $1 conv preferred—* 13% May Jan 2 Feb 3,300 £1 Co Fuel 3,700 5,200 11% 2,200 18 5% 1 * * Co Johnson 4% #-r 1 5 & Co common Menasco Mfg Co Merrill Petroleums England 2%..";,:2% Aug. 11% July 3% Aug 1% Jan 10 . Shovel— Dredging Haven 2% 6 13% ~7% * Co b) (The (ag) McKee New —lc —4 500 13% 5 Aircraft New 1,300 5% 6 13% 8 common Power New ,6% — 18 a Massey-Harris-Ferguson Ltd Mays (j w) Inc common Feb • class Mapes Consolidated Mfg Co Marconi International Marine Communication Co Ltd- 12 . 20 1,500 2 Mangel Stores 27% Apr 6 % Jan 1A 1 10 preferred- Public Service Co Maine 19% Jan g% 12 2% — Jun 18 11% 1,100 Aug Jan 1% 25c 1 Macklntosh-Hemphlll Co 10% Jan 1 Petroleum A Sep 24% ' 15 2% 6 Cor$4 Lynch Bellas 91% 84 . 1 % Lodge & Shipley (The) Co 1 Longines-Wittnauer Watch Co 1 Louisiana Land & Exploration——1 Lunkenheimer ithe) Co * 1,500 ii . * 6,700 1 — Sep 9% Mar Jan 2% Chain 11% >11% 4 Ha % t c——* % 15% Feb 11% b Steel Locke New v 9% Jun 1,100 19% 10 Inc Groceterias National co— Manufacturing 6,200 11 5 —50c Co g) cumulative Loblaw 22% ;'23% 2% 300 % 23 19 5 Liberty Fabrics of n y„_ 11% 2% 9% ft. • 23 100 9% 22 43 3% Aug 34% Jan 2% July Oct 25% 1,400 Sep 23% Aug 17% Aug Jan 34% Jan 800 27 Jun 10% — 3% 25% 7% 18% AUg 500 19% —1 common <r. Tourneau National 31 101% - —W. a 1 preferred conv 4% Aug 5% Aug 19 100 1,100 5 1 common 10c Co Chute For lootnotes . 35% 300 16% 20c 1 University-: Extension Inc 5% Sessions & Salle La 5 Inc air 36% 9% 21% 33 %c Foundry Corp Corp of Delaware 1 Service Israel-Mediterrianean Inc a preferred Fireman Ironite tt-tmtic 5 capital stock-* Royalty Public ,3.90% 5 9% Jan 5 Laclede-Chrlsty Company Apparel Inc Lake Shore Mines Ltdi. National 86% 12% 11 9% 23 t l'Aiglon National 2,800 • Products International £1 pfd—100 America International 26 % 25 300 Jan 37% Apr 14 Apr 10% Aug l May ^ _ 12% 7.50 Kropp (The) Forge co; Kroy Oils Ltd Krueger Brewing Co National £1 Imperial Oil (Canada) capital stock—* Imperial Tobacco of Canada 5 Amer 25% 10 Stores Namm-Loeser's i Imperial Chemical Industries— 12% 3 * (i b) Rubber Co Knott Hotels Corp— 26% Feb — ■ 2% 105% May 500 16% 9% __ 1 cot common Kleihert National Illinois Zinc Co Sep* 2% Mar 1% July 34 21% 12% 10 — Klein 142 106 Jan 11 J»n Sep Apr 57 10,400 Sep 1% 16 46% Jun 30% 4% Ja 12% Sep 24%. Jan 2% * _5 ; 11% 20% 20 __ 5 Hydro-Electric Securities Hygrade Food Products 2% 103% 104% 20 -100 common Jan 12% Jan 44% —* common 10% Apr 13% Mar 15 Co Inc Jan 6 % 20 21 —* (Harvey) 1% May 26% Jan 2% 8% Humble Oil & Refining capital stock—* Hurd July __ Baking Co Hardart 2,600 2 4% preferred Hubbel) 1% 30% May 58% July 10% . a) & Horn Jan 1 % 1 common— Inc Jan 52% 1 ^ Inc Hormel (Geo 22% 250 2 —10c common Products Hollinger Consol Gold Mines Holly 900 57% 100 —100 Henry Holt & Co Hercules Steel & 25% 57 6% 2 common preferred preferred (r.) 25% 4% • Higbie Mfg Co common 5% convertible preferred Hoe 3% Jun * a— 5%% 4% 3% Mar 2% Mar 2% 47% * common 1% Feb 2,300 2 25c Rubinstein Class 900 2% 57 % 5 common- Mining Co 2% 2% 25% 10c Corp Dept Stores Hecla 2% 27/a 2 1 25 1 2 1 Lamp Co 2,800 2% Jan 14% Apr 1% Jan 103 1 50c preferred Kirkland Lake g m Go Ltd Midwest h Haelan IIS Aug 1% High 4% 118% Mar 9 10% Sep Sep 110 19% May • Consolidated Goodman 14% Jan Apr 1% May Aug Apr 3% Sep 1% Mar 10 2% —— Goldfield 33 107% 102% 11 preferred 7% July 9% Aug Jan 10 —.• class Sugars Mar Jan 4,500 Inc prior Sep 2 % Aug 18 26 2% 107 * $4.50 v Jan 8% - _ 9% ""l class B Distilleries Gobel Jan 21 8% » Co 2% Jan 2% 107 2% —— Union 1% 16 Aug 7% July 105 * Globe Godchaux July 1% 14% ; 10 Coal Alden 4% 200 105 common Co Glenmore 100 2% 28% 1 1 Gladding McBean & Co Glen 6 8 % * C) 14 Jan 5A Mar "l Corp Yellowknif# Giant 10% 1% • prefer led Gerity 3,300 16% preferred * General Public Service $6 preferred III General Stores Corporation * Georgia power $6 preferred 5% 6% Feb Jan 3 2% £1 10 5 100 50c 20 dep rets ord reg Finance 2^% July 113 % July 100 1% 1% 50 . Ltd— Electric Co American Generol Jan Jan 6 6 * General Builders Supply Corp com—1 5% convertible preferred 25 Alloys Co General v 21% 13% 13 13% 400 3% 3% Warrants General 27% 27 27% 100 1 1 17,700 * — Lakey 106% • common preferred 1% 33 2.50 - Lamson Gatineau 1% 2 • (Walter) Kings County Lighting common 4% cumulative preferred— Kingston Products Kirby Petroleum Oct 4 6% 1 1.25 5 Co 1%^ 3 Sep 4 receipts bearer deposit Pitt Brewing (Peter) Brewing 6,800 *1% 5 Motor of France— Fort 4% 4%% pfd 100 ijl-, * Inc Kobacker * Low 3% « __15c Corp. Co Kennedy's 24% Feb May ■ Motors Kawneer Apr Co«Ltd— Motor Ford Fox 1 -* non-voting- Class Sang* Since Jan. 1 High 4% 10c Kansas Gas & Electric ? 37 4,'„ 2.50 1 1 —1 Inc Fitzsimmons Stores Ltd class A Ford 37% • 10 Phila) < Kaiser Sep . Instrument Shares k 1A Feb ' 1,800 16 25c Association Firth 5% Jun A Jan 14,700 11 fj Federated Petroleums Ltd Fire 17% July 4% inc O'Mahoney Low 1 common Julian & Kokenge Go.;—. Oils Ltd Aug 5Va 41 Co Jupiter Aug 6 500 Glass 8 Apr 23% Mar Jun 16% f8% 3% 10 Oils Ltd Fargo Sep 6% . & Jerry Aug 106 18% i'u Camera 18 Jun 3% f Falrchild Jeaqnette 11% Aug 7% Aug 13% Jan 101' ■ For Sep 6% Warrants—^ Pipe Line common Jan 18% 5 Equity Corp common 10c $2 convertible preferred-,-—i. -1 Esquire Inc 1 Eureka Corporation Ltd $1 or 25c Eureka for Week of Price* 13% Mar 25% Sales Range Bale Price High 11V4 Week'* Laat American Stock Exchange . 11% *. 1 1 pfd—100 1 — 5% Empire District Electric STOCKS Range Since Jan. 1 Shares 5 common Electrographic Corp common of Prices Low Friday tor Week * Easy Washing Machine class B Electric Uanre Sale Frice American Stock exchange OCTOBER 1 Sales Weekfs 39 9% 20 7% Jan 10% Aug Apr 40% Sep Feb 9% Sep 35 36 The Commercial and Financial Chronicle.. (1356) .Monday, October 4, 1954 AMERICAN STOCK EXCHANGE /■f: RANGE Friday STOCKS American Slock 'V,.;.-:-' '-;,x s ■. Niles-Bement * _ Mines— 17 Jan 25 July Sentry Safety 1% Jan 242 Jun 8errick Corp 3% Apr 5% Jan 8ervomechanisms 16% 30% Jan North Canadian Oils Ltd North Central Northeast North Rayon $3 Texas RR Ind Pub 4% % Jan 1% Jan 37% 1.100 Feb % 2% Mar 44% Apr Sep 4% 57,100 1% Jan 4% Sep 600 18% Feb 27 Vs Jun 4% 2,100 88% 80 87 pfd—100 101% „1 3% _50c 414% *' 24% 4% 50 Serv : 3% 23% 1 — Co 44% 23% 4 5 Airlines.. Penn Northern 44 25 5,400 3,400 2% 2% 2% preferred_50 Oil W* A »A dep rets ord shares——Is Laboratories Corp 1 American eLather 5% 3% Jun 220 95% Jan 2,600 13,100 3% Sep 101% 103 preferred 4% Sep Sicks Sep Co Siiex Oceanic Oil Company Ogden Corp common Ohio Brass Co class B common Ohio Power Okalta 4 %s Oils Okonite Company, ~1% Jan 44% Jan 51 Jun 105% Jan 112 Sep 300 1 Sep ;• lil Mar 74% 175 72 Sep 8% 8% 1,300 8 Aug 9% Jan 6% 6% 6% 500 6 Jan 6% July 25% •24% 25% 350 15% Mar 28% Sep 73 25 ... Olympic Radio & Television Inc..—'III 4% 5% 3,800 .17% 17% 25 5% Inc okiep Copper Co Ltd Amer shares -10s Jun 15 6 Soss Jan South 19% 37% Jan 58% 600 55 19 13% Jan 20% Aug Sep Coast Can Gas & 5%% 5% common 1st southern 4.80% red 1st preferred., 4.50% red 1st pfd Pacific Lighting 29 Aug Southland 27% Sep Spencer Shoe Corp Stahl-Meyer Inc $4.40 — 33% 34% 200 30% Jari — 33 33 100 28 Jan 26'A Jan 26% Sep 180 98% Jan 105% May 104% 104% 20 97% Jan 105% 106% Sep 2% 2% 2% 13,200 1% May 9% 10% 32,300 6% Aug __ 104% pfd—.100 20 105 105 „ (C A) vtc ' "l% lc 1%' ' 2% 1 Bol 2% 1% 3 4% 4% 5 2 _ . " 17% 17% 17% 17% 17% 1 ... 6% Patican Co Ltd 2 Traffic Co... Penn Water & Power Co 3% Mar Circle Corp Phillips Packing Co Phillips Screw Co— Pierce Governor Pinchin common Johnson Ltd 13% Jan 21 13% Jan 20% Mar 6% 1,600 6 Pneumatic Scale & Metals of 1,100 14% 500 5% Jun 6% Mar 4.% 3,600 3% Jan 5% Aug 20% 900 xl9'% Sep ~2'A ~2"i7(v 1,700 2,400 Aug 1,150 65% Jan 2,200 18% July 25% Aug 6% 900 30% % 6 Sep 2% May 4 Aug 4% 100 3% 800 2% July 3% May 6% 500 5% 7 May 48% 200 49 Sep 48 21% Jan Feb Jan 36 Aug 32 111% Apr 113% May 100 40% Jan 50% July 49 49 12% 12% 400 9% Jan 13% 13% 13% 800 8 Apr 16% July 4ft 8,600 1,200 318 1% 1% 13 % 13% 300 9V4 9% 9% 1,100 Public Service of Colorado— 104 102% 104 • 39% 5 2% Mar 1% May 10% Jan Jan 8 525 18 36% 98% May 200 39% 16% 36 % 16% 10 31'A Jan Standard Oil Standard Power & class Common Light common 4 Sep ft Aug 1% Jan 14% Feb 9% May Oct 104 41% Aug 1,700 14 Jan 18 150 24 Apr 40% Jun Sep • 21% Jan 28% Sep Packing Co Raymond Concrete Pile Reading Tube Corp Regal Reis 28% 10c (Robert) & Co __ 1 Reliance Electric 3% Jan 22% Jan 24% 29% 1,400 23 % Jun 8% 300 4% Jan 1 8V4 Feb 8% 400 6% Jan 8% Sep 13'A 14% 3,900 6% Jan 14% Sep 9% 600 7% May 9% 1% 6,900 1 ft Jan 1 Sep % Sep & Engineering Remington Arms Co Inc 5 32% 32% 33'A 200 25 % Feb 1 12'A 12>/« 12% 5,300 7% Feb 13% Rice-Stix Inc ♦ 36% 36'A 37'A 1,100 Jan 40% Aug 1 2% 2% 2% 400 Richmond Rico Rio : Radiator Argentine Mining Co Grande Valley Gas Co— (Texas Corp) vtc.: • Rochester Gas & Elec 4% Rolls 50c pfd F Rowe 4% 4 2% 2% 1,600 2% 1,200 95 95% 90 — — — 22 34% Apr £1 1% Jan 3% Jun 1% Sep 4% Sep 2% 3 Aug 99 19% 20% —5 1,500". 500 10% Sep Jan 20"% Jun 20% 20 % 20% 38% 38% 39% 4,700 39% 15% 14% 12,300 10% May 17 Sep • 14 12% 17 14% 15,300 10% 14% Oct Russeks Fifth Ltd Ave 1.25 common Ryan Aeronautical Co 1 Ryan Consolidated Petroleum 1 Ryerson <fe Haynes . 5 27% Feb Jun Jan 22% May 5% Jan -27 27% 700 14% Jan 4 4 4% 3,100 2% Jan 4% 300 4% Jun 5% Aug 5% 1 common 18% Mar 32% 5% 29 Aug Sep San San Corp Ltd Carlos Milling Co Ltd Diego Gas & Electric Co— Cum pfd 5% Cum pfd 4%% series 1 58% 58% 61 2,000 8 11 11 11 100 Co 3 3 3 A 42,900 1ft Jan 6 6 6% 1,000 4% Jan 1 2% 1,000 2% 20% 21% 1,400 15% 24% 23% 25% 3,900 17 50c 1lft Inc— Co footnotes see page 37 36% 3,100 29 38% Sep 4 % May % 4% 4,100 4% Apr 5% Feb 8% 100 7% Jan 9% Jun Jan 10 30% 30% 3,500 26% Jun 32% Mar 46 Jan 26% Sep 28% 34% Jan 42 1,500 32% Jan Aug 39% Aug 4 50 50% 90 27% 27% 900 Aug 12% July Jun Jun 28% 900 25% Jan 28 % 25% 500 24% Feb 25% Oct 12 12% 4,300 12 Sep 12% Oct 100 5 Sep 5 50 51 1,000 41% Jan 6% 3,300 4% Jan 6% Sep 6% 6% 800 3% Jan 6% Oct 5'A 5 5% 4,100 3% Jan 5% May 200 13% 2 18% Jan 23 1,500 22% 12% 1"% 11% Feb 14% Mar 1% Feb 41 % Jan 2% May 56% Jun 53% 500 27% 29% 4,400 16% Jan 31% Aug 32% 16 32% 33% 350 25 Jan 34% Aug 15% 16% 8,600 13 Jan 16% 13% Feb 15% July 11% 11 % 11% 1,700 8 Feb 12 53 • 17% 17% 100 13% 14% 700 9% 9% 100 1% 2 3% 18% (J 13% common Corp 8top & Shop Inc (S) & Co Drug Ray common common Supermarkets Portland Superior Corp— .; Oil Swan Finch Corp Aug 6% Sep r July 2% Jan 16% Jan 4% Aug 18 % Aug 12% July 15% Mar 9% 1,000 3% 2,600 2% 3% Aug 20% Jan 23% 18% 3,100 9% Jan 35% 35% 50 26 a Jan 20% Apr 36 % Aug 19% 20% 900 4% Jan 15% 17% 3,000 x9>% Jan 17% Sep 34 18% 20'A , 34% 3% 200 20% Feb <: 34% Aug 2,000 2% Mar 4% Jun 28 2,725 9% Feb 29 % Sep . „ Apr 2% Aug Apr 17% Mar — ' _ Aug 21% July 5% Aug " 15% • 1 15 Inc Cement Superior Tool & Die Co 6 39 9 % Jan 1% July 2 5 1 • 25c .1 :< Sep Sep 9% Aug Jan 29% Mar • (Hugo) B) 8% 8'/a 8% 1 10c 1 Inc Stetson Stlnnes May 28 1 10 1 200 Inc Jun 54 4,100 22% 12% 12 4% (A) Sunrise 6% Mar 5% 4% Stein Sep 5% 6% 51 Corporation ordinary Feb 25% 5 Sterling Aluminum Products common_5 Stroock 51% July 27% 25% 12% 37% Parts 3% 26 28 T Talon class Inc Class B A Aug Sep * 62 14% Thew Shovel Light $4.56 pfd Co Tilo Roofing Tishman Inc Allied & 14% 14% 15% 38 41 16 Amer 17% Aug 21 Jan 41 7 Jan 10% Aug Jan 25'A Aug " 2,700 9% 10% 23 % 100 18% 5 42 200 34 % July Stocks 44% Feb 5 iY Mar 6% Aug ii July Jan 1% Sep 57% Jan " True 1 55 1 A. 4% 4% 4% 101% 101 % %_ 44% ~ 94 1% 2 3% 3% 7% 26% 26 % 26% 19% 19% ft 1,600 „ 4% 102 % Sep Jan 2% Sep 2% Jan 3% May Jan 8% Aug 4 31,400 500 18% Jan 27 10 ; Sep 1% July 2% Mar 10.500 7% • 1% Apr Jan 3% 2,400 7% * " 50 2% lU 3% warrants Inc 100 , r 800 ;. 2,900 2% preferred—I—.100 1 1.25 1 Corp Temper Trunz ft 53% 55 . Mining of Nevada— Empire Oils Ltd— Trans Sep 42 Shipyard Toklan Oct 16 10% May 1,200 * 23 % 9% deposit rets ord registered—£1 deposit rets def registered—5s Corp common 20 Royalty Corp 70c Amer Todd Sep Jan 24 Apr 9% Mar, : Jun 14% 110% Sep 5,400 , Tobacco Security Trust Co Ltd— 16% Jan 19% Aug Sep u Realization Ulen Unexcelled Investment Union Oil S3.75 Co of Elastic 10% United N i Products dep Co rets • ord registered S U S 83 - 80 83 36 7% 5,600 36% 6% 600 325 -7- 7 - 234% 233 100 % - --% 20 t 9% Aug Feb Jan 99% Sep 75% Jan 89 Feb Jan 7% Aug 36% Aug 5 30% Apr 6% Apr 8% Jan 5ft Apr Jan 12,200 49% 39 460 xl0% 10% 300 2% 2% 3,500 Co preferred ~2% Reclaiming 1 Co ~2% 10 62 % -5 Sugar • 4% Sep Sep 25% Aug 24% 91% 275 62 Jan 72% 5,100 39 % Jan 72% Sep 9% 10% 3,100 6% Jan 10% Aug 125 5% 6'A 10,700 1% 300 2% 1,400 2% 88 Jan 4% Apr 1% Mar Jan 92 105 62 63 400 27% 2% 28% 350 2% 2% 1,700 Feb Jan 3% July Jun 67% Jan 33 2% Jan Sep 7% 56 22 % Mar Sep 2% 23 % 10 common 50 40% May 14% Jan 66% 10 Insurance - 1% 6 % 1 50c Corp common Consolidated Oil 16% May - 103 % 104% 10 % warrants Stores Jan 9% July 2% Sep 90 67% • Co 600 36 V* 23 1 International Securities Apr % Aug 46"% 1 10c 1 * 236 Jan 221 5% Mar 38% Products 94 ft «*un 47% Rubber 8% Sep Jun 44% July 3% July 36% Jan 38 % and Jan 500 —25 convertible - Jan 4% "7 —— Finishing United 175 Sharing common 25 preferred : -10 Shoe Machinery common..—25 U S Foil class B U S 400 6% Profit Specialties common Air Conditioning Corp $4 8% 99'A 10s United U 50c —20 common Preferred U S 8% 3% 5% Jan 3% Ltd— *• RR & Canal— J 2% -- 200 42 98% 99'A 100 common Corp Milk Molasses United • A. Porducts United Amer series Yards of Omaha Aircraft 2.600 33% 500 4% 4% 41% 4 Co 3% 3% • 4% • California— preferred Union Stock United Corp Canada of Union United 10c 5 Corp Chemical Gas Union Apr May 31% July 3 Ft 5 V Valspar Corp $4 preferred Vanadium-Alloys Apr Venezuelan Venezuela 2% 2% 2% 300 1% Apr 3 Aug Vinco 14% 14% 14% 600 12% Jan 15 Aug Virginia Iron Coal & Coke Co 11% 11% 12 »/8 900 Vogt Steel 7 Feb Jan 90 July 25% July 20% 1 24% 24% 2,800 Aug 32% Jan 20c 3% 3% 3% 2,600 3% Jan 4% Jan 1 Inc Corporation Manufacturing' May 22 % Mar * Co Petroleum Syndicate 5 74 1 5 common convertibel Jan 15% July 16,200 15% 15% Feb 1 1 Inc Realty & Construction Tobacco - 25c ; Feb 13% Feb 19% 1.800 21 38 1 20 common Markets 20% 20% 14% 62 • Feb 11% May 24,500 • Corp Corporation Thorofare Aug - 14% July 9% July 52% 1,100 106 5 common Chemical Thlokol Thor common 10 1,000 .1,700 62 14 % & 9 1% 9% 10% 1 Inc Power 3% Sep 6% Aug 2% Jan 27 12% 10% 11 11 Tampa Electric Co common Universal 23 ," 5 . Technicolor Texas Universal Sep 8 common common 61% <22 Jan 9% Mar 24 38 37% Canada of 24% Aug July 48 July j| July Sep 37% 200 1% 1,500 Jan Jun Jan Jun jjj May Feb 5% 1 36% 7% Jan 2% * Corp General 22% July 4% 4% 12.50 Securities 15 % Mar 4% 2,700 — 1,000 2,700 800 1 7% 1 |j} 50c Airlines Western Bros 1%. 500 Jan Sep 7% 19% 5,400 7% Scurry-Rainbow Oil Co Ltd Seaboard for 2% 21% • common 34% Jan 7% 3,500 Utah-Idaho 1 Scurry Oils Ltd Secman 63 20 25c Inc Steel Aug 21% Aug 1 Schick Sculiin Selby Shoe 9% May 24% ..20 Cum pfd 4.40% series Sapphire Petroleums Ltd Savoy Oil Inc (Del) Sayre & Fisher Brick Co Jan Jan 28 19% 5% Universal 20 series 38% 5% July 5.% 1st preferred with U S Radiator common common 3 % May 5% B Corp $5 s St Lawrence Sep 31'A July 28% May .5% Steel Sep 1 Co Royalite Oil 5,000 _5 19% Apr Feb July 26% Sep 5% Co United Sep 17% 10 Co— 5% 16 22 5% 8teel Mar Corp common. Electric Steel (The) 1,300 6,800 1 (The) United Jan Jan 89 10% 20 % 5 19% 26% Oct 5% 1 Corp class Tifbe Starrett Sep Ltd— Royce American dep rets ord reg Rome Cable Corp common Roosevelt Field Inc—-I-—, Rotary 1 100 4 18% 25% & Co common Standard 30% Aug 8% July 28% 5% Aug 9% 13% 1 100 400 24 8 — 1 5% 23% - 6.25 Pump Co Shoe Co 5% 23% • common common Preferred Reda 5%» 1 10 36% Aug 1 _• 5 Standard-Thomson Trl-Continental common. 106% Mar Sep July 97 8% 1 Co Trans Lux Corp R Railway & Utility Investment A Jan 26% Mar 250 • B Products Standard Tonopah Rath 102% 10 (Ky) Toledo Edison 4%% Quebec Power Co 220 36% 3% 1 Inc Standard Packaging Corp Convertible preferred Sep 30% 6% — 100 106 9% x54 Jan 8 3%' "3'A • com ~2% 22% Jan 2 Corp Industries Sun 6% 1% Puget Sound Pulp & Timber i Pyle-National Co common... i Pyrene Manufacturing Jan A.. Jan 26 21% 21% ~ 13% j Oct 75% Sep • cumulative preferred 20% 3% 1 4%% 72 75% 1 1 Feb 3% Prosperity Co class B Gas May 72% 3% Producers Corp of Nevada... Providence 60 Jan Forgings Standard Sterling 300 3% preferred—, convertible $1.60 Standard July 300 20 1 106 Jan 24 1 20 1 Standard Dredging Corp common Brewers 6'A —. 49 Jan 4% 5 1 * Co Engine Co 20% 4% 48 Royalty Sterling 70'A 6% ' Jan" 74" 1 Line Pipe Sterling 4% ' "2% 40% 1,000 cumulative Jun 20 6% _• America^ .35% May Sep 48% Aug 600 2.50 Preston East Dome Mines Ltd Feb 70 20 • common 5% 4% 4% 100 Pratt & Lambert Co Pressed 11,900 46 45 :• 70 2.50 common 1st preferred Inc Jan 20 25c Alexander Prentice-Hall 5% 15% 10 common Power Corp of Canada common 6% Sep Jan Jan 8% 1 I Polaris Mining Co.. Powdrell 8% 5'/a 12% 4% l Wine Co Jun 55 100 45% Piper Aircraft Corp common 1 Pittsburgh & Lake Erie 50 Pittsburgh Metallurgical common—2.50 Pittsburgh Railways Co • Pleasant Valley Feb 8% Feb 8,100 1 shares__10s ; Jun Mar 5% 1 : Amer Sep| 5% 900 1 1,600 15'A —10c Pioneer Gold Mines Ltd.: Apr | July 8% • ... 6% 60 15% 2.50 Perfect Jan 5% • — Jan 14% 1 Pep Boys (The) Pepperell Manufacturing Co (Mass) 3% Aug ~8% .2.50 Pennrond Corp common Jun 4% 400 * Penn 2% Mar 26% __ Feb 73 2 8,200 18 2 105 % Mar Jan 53 1 A B Jun Jan 2% Aug 12% Mar 1% 21,800 5 4% 5,600 ,1 Patchogue Plymouth Mills..: • 101% 71 2 Bol vtc Parkersburg-Xetna Corp 350 103% 104% 104% 104 * common 4% 1,200 Aug Jan 93/4 Parker Pen Co class , 100 2,300 l Light 5% Sep 28% 1 & 34% Sep 33 27 % 26% 104% 105 26% • Pantepec Oil (C A) Ainer share Paramount Motors Corp Park Chemical Company ' 28% Jun Airlines Northern Power Pancoastal Petroleum I ' 27 % • Page-Hersey Tubes \ 400 preferred preferred Petroleums Ltd Class 1,500 28% cum Pacific Oil 28% __ 25 f 27'/a Jun 27% 28% __ 28% ...25 ... Pacific Israel Sep * dividend Pacific Sep 37% $4.50 preferred— dividend $4.75 22% Jan 8,600 30% July Jan 33% 9% 97 32 July 13% 2,900 Aug 53% 7% 19% 36% 29 800 37% 17% 9% 5 29 : 22% 25 1st preferred.. 25 redeemable 1st pfd series A—25 5% Pan 37% 25 preferred redeemable 22 pfd„_25 14% Aug Jan 1 preferred 25 preferred 25 4.56% convertible preference——25 4.48% convertible preference 25 4.32% cumulative preferred 25 4.08% cumulative preferred 25 Southern Materials Co Inc————2 37% 5 Electric 6% 1st preferred1st 5% Co Jan Jan 52% 25% 12.50 common 15 July 5% 15% 95 original 5% Pacific Co 10 — Southern California Edison— 4.88% Pacific Oil Penn South common Corp common High 4% Aug % Sep Jan 23% £1 • 1 1 1 Corp Manufacturing — 19 * 1 * 20 preferred. Pattern common Ltd common Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Simplicity Sonotone 200 3,000 — 36% Publications— Simpson's Aug 17% 4,050 53 Securities 3% May . Jan 98 39,600 13% 9% 53 97 106 1 convertible $3 % 11% 12% — 2 common Simmons-Boardman 5% Sep » cumulative preferred— Oliver United Filters class B Overseas 2% 100 159 1% lh Aug 8% ... 40c O 5% 49% 4% 7 common Old Town Corp common. Omar 5% 110% 111 -90c ...... 3% 49% • 100 preferred— Ltd 3% % 11% % * Oil & Gas Co class A Signal % 12% * class A Corp of America Breweries Ltd Shoe Apr 103 Low 3% May 100 4 4 * of Canada Range Since Jan. 1 Share* High — —_• 25 100 Power.. & common Sherwin-Williams 5 . Mining Water Sherwin-Williams 4 —20c * 5 Inc common—— Denn Shawinigan 91% Jan 87 Shattuck B— class of Prices Low 1 10c 1 common. Control Sep 1,800 4,400 32,900 Seton American Norden Corp 2\h 30% ft- -4 Non-Ferrous Metals Products Ltd— North Radio Sentinel 4% 2 ~4 % 1 _ 900 Par High Sales for Wreek Week's Range Last . Sale Price American Stock Exchange Range Since Jan. 1 Low 23% 29% 30% 1 Noma Lites Inc Friday STOCKS. Shares Utah 23 5 common Pond of Prices Low OCTOBER 1 ENDED for Week Range Far Niagara Share Corp Nipissing Last Sale Price Exchange WEEK FOR Sales Week's 5% 5 % 5% 1,500 4% Jan 6% July 2,450 24% Jan 31 July 200 12% Jan 15 Mar 10 ; * 24 29 29 31 14% 14% 14% ., Number 5365... The Commercial and Financial Chronicle Volume 180 (1357). 37 1 AMERICAN STOCK EXCHANGE RANGE A Friday for Week of Prices Shares FOR WEEK ENDED Par Los? Aircraft BONDS ■ Low High • Wagner Baking voting 7% preferred __ $2 cumulative Wallace _ Watch Go 5% common. 1,200 23% 650 12% Jan 26 26 27 Baking Co warrants $6 series 18% 1% • preference Leaseholds convertible (Wm) 17 Products Wiirich Petroleums 18% Wood Ltd Woodley (F pfd W) __ 160 — __ __ — I. — — 66% 1100% 101% _ 85 __ 100 66% 104% 40% 40% 40% 1 36% 41 47% 47 47% 20 39% 48 35% 37% 6 32 37% 3% 3"% 98 3% 5% 3% 3% 10 3% 5% 37% * 3% — ♦No par value. a Deferred delivery transaction (not Included in year's range), d Ex-interest. * e Odd-lot transaction (not included in year's range), f Ex-distribution, g Ex-stock dividend. hEx- > principal, n Under-the-rule transaction (not included In year's range). r Transaction for cash (not Included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. ^Friday's bid and asked prices; a Bonds being traded flat. S Reported in receivership. Sep sales being transacted during current week no s Jan Aug •cum," cumula- Jan 31% Oct -trust certificates; Feb 9"% Sep Sep 7 May 2% Sep „ 7 100 7 7 A 15,500 23/, 1,500 TV T?(T 2'/a 2% 16% Sep if Jan Jan 2% 10% Feb 15% 700 41% 40 Jan 11 . — — Jan Stock and Bond Below listed Apr daily closing averages of representative stocks and bonds the New-York Stock Exchange as compiled by Dow, Jones & Co.: on -Stocks- Ltd— -Bonds10 10 30 20 15 Total 10 First Second 10 Indus¬ 13% Aug 45% Apr 32% Jan Averages the are 12% Feb 107% Mar 193/4 Sep 102% Feb — —8 Jan 2% 250 12 113/4 „ 2 Jan 6 103/4 —— Rail¬ Util¬ 65 Indus¬ Grade Grade Util¬ trials roads ities Stocks trials Rails Rails ities 61.45 133.07 100.24 Date 118.44 361.67 24—.— 102.82 99.95 Total 40 Bonds 100.90 27 362.26 117.87 6141 133.00 100.29 102.77 99.82 100.61 100.87 28— 363*32 117.00 61.54 133.00 100.29 102.85 99.72 100.87 100.93 29 36/.73 115.59 61.38 132.20 100.29 102.84 99.66 100.75 100.88 30 3(046 115.18 61.04 131.68 100.24 102.66 99.64 100.72 100.81 Sept. deposit receipts. *1% • l3/4 Interest BONDS » 4,200 l7/a Week's Friday Last Appalachian Elec Power 3%s 1970 June-Dec 1043A Low U50 Bonds High Jan. 1 No. 153 Low 101% 105% 132 Over-the-Gounter Industrial Stock Averages High 56 150 •— 99'/2 99% 6 Jan-July 90'/4 907/a 25 97 (35 Stocks) Compiled by National Quotation Bureau, Inc. 101% 85% 92 Date— Delaware Lack & Western RR— 1st Elmira Water E'rcole Lt & RR Marrelli Elec 1956: 5s AGesfuerel 1 1947 debs 6s 2 63 683/4 61% 61% 5 54 % 63% Wed. 94% 100V« 103% 98 Frl. 125 Mountain Power 3%s 1963 Guantanamo & Western RR 4s 1970; 93% 99 85 86 31 1131 .June-Dec • 148'/a - 85 / A 7s with Nov A7s ex Nov 1 1940 128 coupon 1947 1 Midland Valley RR 4% 1963 New England Power 3%s 1961- Mar-Not? llq tr ctfs— Jan-July Afay-Nov April-Oct May-Not? Nippon Electr-ic Power Co Ltd— A 1st mortgage 6Vis 1953 Jan-July A Mansfield Min & Smelt 7s 1941 51 103% 41 % ' —— 141% — Power 1stmortgage 3'As 1968 ' mortgage 3s 197L Pennsylvania Water & Power 3'As 1964 3 Vts 1970 —; ! Piedmont Hydro-Electric Co— 1st a 6 —— 'As with A6%s Oct Oct ex 1 1940 coupon 1960 1960 1947 coupon l 50 142% Gas 3 Vis series A 1st and Edison 3s 1973 r - 1973 1976 3 Vis series 1965 a 3s series B ref M 2%s series C 1976 3% % D series E 1978 — Southern California Gas 3'As 1970 Southern Counties Gas (Calif) 3s 1971 Southvrstern Gas & Electric 3'As 1970 Spalding (A G) & Bros 5s 1989 Starrett Corp Inc 5s coll trust 1966 Stlnnes (Hugo) A7-4s Jan-July 2nd A 6'As 2 128'/4 158% 89% 92 104% 92 1 103% 102 150 I 91 155 - 85% 92 105% 19 103 *2 103% 104% 104 101% 103% 103% with De^ l prices based on the closing prices of the common 24, 1954, for composite and by major indus¬ try groups compared with the preceding week and with highs and lows for 100): 1102 99 % Durable 103% L A 6s mtge s f gold 1945 Wasatch Corp deb 6s ser A 1963 Washington Water Power 3 Vis 1964 , Webb & Knapp Inc 5s debs 1974 West Penn Traction 5s I960- 193 149 + 1.9 Low + 2.4 295.3 262.6 + 2.2 268.5 319.7* 312,1 + 2.4 319.7 241.8* 236.8 + 2.1 193.9 246.9 288.5 241.8 140.2 267.8 J 222.7 - 249.7 193.2 198.5 124.6 141.9 + 0.3 + 247.9 268.6 2.1 253.2 + 0.3 139.8 253.2* ■; * 273.7 209.5 , , 233.1 102% — . 149 ♦New High. 130 % '• 120 102 Stocks 91 90 101% 102% 101% 101% 66% 14 91% 2,187,770 $3,116,000 $465,000 Tues. Sept. 28 1,798,760 2,380,000 279,000 Wed. Sept. 29-,—— Thurs. Sept. 30 448,500 103% Fri. Oct. 1 2,332,000 2,475,000 2,718,000 296,000 100% 1,810,430 1,844,960 1,852,110 305,500 1,000 9,494,030 $13,021,000 $1,794,000 $7,000 101 104% 97% 102 10 88 178 152% 14 95 — Total j, 1954 178 98 105 93% 93 105 105 70% 70 390,672,290 1953 $8,000 268,1^8,586 S. $21,500 $35,000 7,000 1,794,000 1,475,400 816,000 95,382,980 72,307,540 13,021,000 11,801,400 594,680,600 514,623,900 $14,823,000 $13,284,800 $690,901,080 $587,664,440 $1,000 Government Bank Industrial and 698,000 91% 96% 1 103% 105% 70 Transactions at the American Stock Exchange 73 107 110 Daily, Weekly and Yearly 99% 102% 101 101 14.5 132% 10 93 1107% 108 Feb-Auy Jan. 1 to Oct. 1 1954 5,106,300 Bonds U. International Total 112 __ 1132 70% $14,823,000 — 1150 93 2,661,000 3,024,590 $1,000 1953 ■ 9,494,030 Foreign 125 Afay-Nov June-Dec Jan-July June-Dec June-Dec $3,582,000 2,628,000 2,927,500 4,000 Week Ended Oct. 1 96 100 125 193 —— 100% 103% 6 91% 195 $2,000 107% 101% 102% 102% 176 $1,000 Mon. Sept. 27 103 Vs Stocks—No. of shares. 178 Sales 103% 81% Feb-Aug Bond Bonds Int'l 1023/4 103% 1100% 102 91 Government Bonds 99% - 104 103 Total Bank Bonds Bonds 97 — 10 103 1103 Shares 98 101 29 103 Vs 1101 Week Ended Oct. 1,1954 United States Foreign Railroad Number of and Miscel. 198% 100 102% Daily, Weekly and Yearly 91 145 .135 100 195 91 156 83 «... 1102% 103% Feb-Aug May-Not? Transactions at the New York Stock Exchange 149 148% 1132 101% Jan-July 93% 116 15 91 91 1146 Mar-Sept Jan-July Feb-Aug Feb-Aug Feb-Auy Feb-Aup April-Oct 93% — 1154% 157 June-Dec Western Newspaper Union 6s 1959 242.2 268.5* Goods Non-Durable Goods 125 June-Dec 1956 1956 1954- High Change , 2463° Transportation .2 Utility Trade, Finance, and Service Mining Railroad 1940 coupon Sept. 17, '54 295.3* Composite Manufacturing 103% United Electric Service Co— A7s 16 stocks for the week ended Sept. 103% 99 1100% 102% _ A7s ex Dec 1 1947 coupon United Industrial Corp— A 6 Vis s I debentures 1941 44.40 Sep The SEC index of stock ' ApriZ-Oct April-Oct 1946 1 1940 coupon 19531 1947 coupon 1953 Aug 94% 161% 81% April-Oct with Aug ex Low Jan-July Industries— stamped 135 91 June-Dec Terni Hydro-Electric Co— A6Vis 2 92 April-Oct Power Southern California 2 Percent 92% 1103 April-Oct May-Not? Corp 3s 1981—May-Not? Sapphire Petroleums Ltd 5s conv deb 1962-Jan-July Harbor Water 49.80 Feb Sept. 24, *54 158% 158 % April-Oct Corp 6?%s A 1953 Housing Corp 6%s 1958—. ARuhr 128 93 - 34 91 . Safe ' 3 161'/2 161'/a A Prussian Electric 6s 1954_ Feb-Aug Public Service Electric & Gas Co 6s 1998—Jan-July Reading Tube Corp. 6s 1971 Jan-July A Ruhr 128 1150 6%s due 1953 extended to 1963. Ohio High 61.06 1 125 coupon A Italian Power Realization Trust 6 % % A Leonard Tietz 7%s 1946 ; - 61.11 193 1952 1952 4 1953 Range for SEC Index of Stock Prices 913A 98% 1155 June-Deo —Lj. Oct. 97 A Hamburg Elev & Underground & St Rys 5%s 1938—. —; Isarco Hydro-Electric Co— 61.10 Sept. 30 122 110 —- 1101% 104 Jan-July May-Not? AHamburg Electric 7s 1935 28 47.32 Jan — 195 86 June-Dee Green 61.17 Sep 27 Low t93 coupon 1953 Sept. Thurs. 1954 for High 61.17 106% 195 U04y8 105 % 1940 coupon 1953— May -Nov 1953 _May-No» Finland Residential Mtge Bank 5s 1961—-Mar-Sept Flying Tiger Line 5%s conv debs 1967 Jan-July Nov ex 68% Tues. Sept. Mtg Co— A6%s with Nov l A6%s Range 61.17 29— 68% Afay-Nov May Jan-July Mar-Sept mortgage 4s series A 1993 a 1st mortgage 4s series B 1993 TJastern Gag & Fuel 3%s 1965 ; Closing Sept. 27— Mon. Lackawanna of N J Division— yAq- Stocks Friday Interest Period American Stock Exchange Last Sale Price Week's Range or Friday's Bid & Asked Low High Bonds Bangs Since Jan. 1 Sold Lots NO. III A 20-year 7s 193% 1153 June-Dec 187 Central Bk of German State & Prov Banks— A 6s series A 1952 Feb-Aug 190 96 84% 626,050 92 75 3,130,870 . 117 series B 1951 ADanzig Port & Waterways AGerman AS f Cons Munic secured AHanover (City) A Hanover (Prov) 6s 7s 6%s 1952 7s 6%s 1939 1949 ALima City (Peru 6%s stamped 1958 Maranhao stamped (Plan A) 2%s 2008 118% 120 19% l Feb-Aug 123 123 125 11 110 108 112 37 —May-Not? Feb-Aug Mar-Sept" May-Npt?.. 138 1162 168 135% 138 159% — 141 — 153 84 160 June-Dec 1947 1947 Ger April-Oct Jan-July 50,000 81,000 $325,000 $236,000 $98,000 48,000 Corporate Bonds Total Bonds $24,000 23,000 12,000 14,000 8,000 $157,000 86,000 $81,000 $642,000 78,000 129,000 192,000 — 193% __ A 6s 48,000 642,460 $35,000 15,000 18,000 65,000 103,000 581,120 — 115 90 1946 20-year 7s Jan 1947— (Germany) 7s 1951 ACauca Valley 7s 1948 Bonds 598,420 Sept. 27 Tues. Sept. 28 Wed. Sept. 29 Fri. Oct. 1 April-Oct Jan-July Jan-July April A Government Bonds Mon. Thurs. Sept. 30 Agricultural Mortgage Bank (Col)— A Baden Domestic of Shares) Week Ended Oct. 1,1954 Foreign Foreign (Number Foreign Governments and Municipalities BONDS a Range Sine* Sold June-Dec 1978 Sep 3% Apr Jan 2 lit Jan 104% 105 »/* Quar-Feb Chicago Transit Authority 3%s Friday's or " Bethlehem Steel 6s Aug 1 1998— Boston Edison 2%s series A 1970— 13 Jan Range Bid & Asked Sale Price Period American Stock Exchange 8% 3% Apr L- ...£1 Ltd 300 13 13 —5s preference Wright Har greaves 100.61 Sept. Sept. Sept. Sept. American 6% . 3% Mar 5% Mar 11% July 8% Aug 4% July 8% Jan 1,600 11% 24 * A July 1,600 5 11 11 1 common __ 171 — June-Dec ... 171 __ 30 20 ' 43/4 11% Inc Petroleum Woolworth —— .100 Machine .Jlfay-Nov High 85 l73/4 — — 1 A5%s 1921 Jan. 1 Low 187 April-Oct AMortgage Bank of Chile 6s 1931. June-Dec Mortgage Bank of Denmark 5s 1972 June-Dec Parana stamped (Plan A) 2%s 2008 Mar-Sept Peru (Republic of) — Sinking fund 3s Jan 1 1997 Jan-July Rio de Janeiro stmpd (Plan A) 2s 2012__Jan-July ARussian Government 6%s 1919 Jan-July 36% Oct 13 " .June-Dec No. 19 ' *4% —25 stamped 1951 Mortgage Bank of Bogota— A7s (issue q| May 1927) 1947 A7s (issue of Oct 1927) 1947 Range Since Sold High Apr 900 1 common Industries low 7s Bonds Friday's Bid & Asked Mar 16 3,400 9% • & Lt 4%% Newspaper WPodall 31% 9% IIIi preferred Pwr 29% 9% 5 or Sale Price 25% 225 • 1 Inc, Brothers 5 % Wisconsin 8% Apr 31% —1 Mar July 32% Jan I. —25 preferred & Co. Willson Wilson 50 1 Sep 6 188 Jan 2,575 36% 1 & Co (R C) 175 13 104% Jun 3% July 3,600 5 Inc Wichita Riyer Oil Corp Wickes (Tire) Corp Williams 101 — 10 % Feb % Jan 1 Mfg Auto Stores 5%% — 36% —10 Weyenberg Shoe Whirlpool Corp Whitman 4% 4% 7% 100 11% —20 White's 4% Jan 36% com Inc 3% Jun — * Westmoreland 150% Jun 500 104 104 *4% _• 260 3% 63,600 3% pfd. IlOO Westmoreland Coal 154% 153 .100 X Ltd Western Maryland Ry T% 1st Western Tablet & Stationery July 9% Jan 21% Sep 1% Apr 165% Jan 250 1% 1 3% 2 AprL 7% July 19% 18% 153 .1*25 Wentworth Manufacturing West Texas Utilities 4.40 %pfd Western 1 7,600 — -IOC Jan 21 1,300 1% 1% 1% .400 3 ' Sep 243/4 Sep 28% Sep ii Jan 21% Jan 110 May 23/4 23% 1 — 105 2% 1 . ' — . 7% Aug 7% Jan 5% Jun 300 53/4 — Last Feriod High 2% Jan 500 5% — .30 Wasatch Corp Webb & Knapp Inc . 5% —1 preferred Inc 5% IlOO — __ — & Tiernan Waltham Ward * ctfs ext _ Waitt & Bond Inc 5% Interest American Stock Exchange Range Since Jan. 1 AMedellin Co Week's Range Friday 1 w Waco OCTOBER 1 Sales Range Sale Price> American Stock Exchange Week's Last STOCKS 17% 94% 21 160 102 .138 51 41 Week Ended Oct. 1 1954 1953 Jan. 1 to Oct. 1 1954 of shares— 1953 3,130,870 1,449,970 104,655,304 77,794,864 $325,000 Stocks—No. $228,000 236,000 176,000 $9,574,000 12,737,000 3,996,000 $26,307,000 Bonds 139 83% 123 130 21 Total— 86 Domestic Foreign government Foreign corporate 81,000 49,000 $9,448,000 8,463,000 3,665,000 $642,000 $453,000 $21,576,000 59% 41 Total — j( if > 38 The Commercial and Financial Chronicle (1358) : OUT-OF-TOWN RANGE Boston Stock Range American Tel American Woolen $4 cum Tel & Boston 5% Cities Service 14 153/8 Jan 23% Aug 94% Feb 193/4 69 42% Fuel Jan Jun 42% Sep " Aug 135 Jan 12% 57 5 May 20% May 30% Aug —25 (New Jersey) —15 Oil # 99% —10 ■•'41% 10 1 25% 68 ; 11% 210 102% 107% 642 11 — (Ohio) Standard Oil Studebaker-Packard — —, Sunray Oil Co Union Carbide V Shares 93% Low 93% 25 993/8 101 y8 41% 42% 12% 12% 19% 19% 84 3/8 — V— -12% jan 95% Sep 229 713/4 Jan 101% Sep 170 32% Mar 42 V2 Sep 19 12 Ve Sep 12% Oct 50 18% July 20 % 84 3% 10 703/4 89 Sep July 57 214 10 Feb 39% 73% 75% 112 50 44 45 5/a 190 57 57% Sep Jan 40% 57 Westinghouse Woolworth High 7<7% 19% 56% S Steel U Range Since Jan. 1 High 12% • 56% Aug 14% Aug 75% Jan 63 Apr Jun 45% ys Jan Jan BONDS 1998. 4%s Cincinnati Transit $5,500 54 Mar J 473/4 10 1% ' -V 293/8 121% 49 _• Associates— 68%_Jun_- 65 1,574 10 48% 79 47 1% 7% 100 22% 1 113/, Jan Jan Sep 1073/8 Sep 49% />; Jan Sep 1% Mar July J : 10 (new) 10 570 53% — — ______ Gas & 175% July —?i£ Co_ Copper Range Co Common Jan 25% 5 East Boston Co Eastern 155% Jan 11% issued)—100 Hecla & 2,107 181/4 523/4 •53% when issued)-100 (when preferred Calumet Sep 130% 134 25 (new 9% 69 ER Boston Edison—— Boston & Maine 211 41% 50 100 ———, Albany High 10% 19 % preferred. prior conv & Low 1713/4 173% 172% for Week Low (Indiana) Oil Standard Range Since Jan. 1 Sales Range of Prices Par High lO'/a * ; Anaconda Copper 103/4 Last uast f'' Sale Price Shares Low 5 100 Motors Corp... Week's Friday r **■ for Week of Prices <' 1 STOCKS Standard Par American OCTOBER ENDED Sales Week's Last Sale Frice WEEK .Monday, October 4, 1954 MARKETS Exchange Friday STOCKS FOR .. 8 8 2% Massachusetts Street Ry— Common ...100 2% 7 Aug 76c Mar 175 44 Mar 60 35 Jan 18% Jan 152 10% Jan Eastern 1st pfd class A preferred class B 6% _ Lines SS National First Inc Gillette (The) Lone . * • _ RR ... Narragansett 100 Corp Mills Chemical 6% 100 87 % 281 64% 50 29% Jan 24% 20i 18 15 110 —2.50 4% Jan Sep July 46 25% Jan Aug Apr 130% Aug 19% Jan 28% Mar 35 11% Jan 14% 3,065 133/4 Jan 163/s July Jan 135% Aug 24% 14 16% 260 1% 1% Jun 52 125 130% 131% • • 9% 87% Jan 45% 133/4 16 100 115 75c 1,490 1 % Apr 43% Sep 50% 233/8 Apr 45% July 16% 17% 611 15% Mar 17 —25 —— • Feb 13% Jun 6% Jun 7% Sep 21% 21% 18% Apr 109 21 Vz 35 25 253/B 14 — 208 24% 35 —— 22 Aug Jan 27 July 38 Aug 240 28% Feb 23% July 14% 28% Jan 250 11% May 14% Sep 6 - * Co 25% — 5 • Machinery U S Rubber Co 47 2,308 44% Jan 53% Apr 49 1,303 36% Jan 49% Sep 29 Ve Jan 39% July 44 Mar 53% 11 % Aug 13 50 Jan 75% Jun ' — .~12~50 72% 50% 105 11% 30 72% — 38% 493/4 » 213 11% —— Smelting, Refin & Mining com—50 Waldorf System Inc Westinghouse Electric Corp 52 47 51% 25 common. 49% 37% United Fruit Co— Par ryY. Electric Allen Altes Shares Brewing — * "4% 200 3 4% 8% 15% 110 8% 1,640 6% 725 36% 42 42% 42% 2 2 t' High 2% Aug 236 4% 8% v; . 1; 5% . 11% May 757 15% 9 Va Apr 42% Jan 2 100 2 Corp -— — 23/s July Sep Sep; Aug Sep? Jan 11% Feb 14 Aug 555 15% Feb 22% Sep 5,252 56% Feb 70 13% 22% 22% 68% 65% 70 27% 273/4 365 23% Mar 28% 47 47 570 39 Jan 49 Aug 10 11 1,060 Jan 11 % Aug mis 133/8 i 4 3/a Mar Jan 13% Company Burroughs Low 2% 15% V Manufacturing.^- znii Brown-McLaren Budd • 1 Big Bear Markets Briggs Manufacturing Range Since Jan. 1 High 2% 1 Rubber Baldwin Low 1 .... ■ • 75% 1,148 Jun Mar 25 Chrysler Corp Consolidated Consumers Davidson 1 Bros... & Cleve Iron 1 Detroit Cincinnati Stock Friday stocks Sale Pride Par American Laundry — Shares —20 ^3% 1 , im— „ Low 233/4 20 20 * 32% 33 ' 22% 22% 463/4 267 46 3/4 ■ Mogul 21 Mar —10 —5 Trailer 6 160 5% Aug 15 200 8% Feb 15 Sep 33% 333/4 5,892 28% Jan 35 Aug 2% 2% 2% 1,000 9% 9% 540 8 25% 25% 25% 100 24 23% Jan 30 " July 23% 30% x, 1' 350 9% Apr 82 2IV2 JAn 33 24 17% Jan 24 32% Jan 21 Sep Paige *— * 1,385 434 400 3% —5 307 30% 4% -43/4 293/4 28% • —5 3% 1,155 94 90 common 2% Sep July 10% Jan May ' 26% Aug' 1% Mar ■•' 1 29% • 2% Great Lakes Oil & Chemical- 59% 1,220 1% 200 2% . 7% 13/8 2% 2,019 4% * •— 4% Jan 140 4% Mar 94 Jan 6% Mar 1% - Sep 5% Aug; 3% May 3% Jun 4,758 7% Graham 6% Mar • f., High 23% Apr 8% 6 33% \ 1 — Motors l Sep Sep; 15 —1 Wood Industries General ;. 1 ___ Gemmer Manufacturing Range Since Jan. 1 High 233% Products Gar for Week of Prices Corp Steel Fruehauf Sales Range Low 8 - Week's Last Steel Federal Exchange 10% I —20 Detroit •' M. ()• 5 Edison Gray +>■> 1 ; Nagivation Detroit • * Common Continental Motors Detroit V 10 Paper Power Detroit Balcrank for Week f Drill Shoe 10% 243/e * 1 - Feb 125 7 6% 18% 152 13 12% __ 2.50 Association Twist 188 620 Sales Range of Prices Last Sale Price Sep 49% 41% Exchange Wetek's Friday ~ STOCKS July 483% 40% —50 , Detroit Stock Jun 5 Corp Stop & Shop U S Sep 153/4 1 20 Stone & Webster Inc United Jun 70% 24% — — Pennsylvania RR. Quincy Mining Co Rexall Drug Inc Union Sep 48% Jan 49 * Olin-Mathleson Torrington — ^ — England Electric System New England Tel & Tel Norbute Corporation Shawmut 56% Jun 45% 125 . — New Pacific Mar 39% 780 23% i t —— 100 _ Association Racing 359 2,746 68% 85% ... 10 common Sep 443% 6% preferred Manufacturing 68 53 Sep 24% Aug 56% 45% ..." * j._ Mullins 214 Aug 66% • «... _ Copper— Central 5% 23% 3 433/8 43% 1 Co 53 > 55% 5 Star Cement Corp.. Maine 23% 68 52% 100 _ (new) Hathaway Bakeries Kennecott . common- Stores Electric General 66% 23% 100 cum 6% Eastern 1,000 . Sep 73/4 Sep 1% Feb: * Sep - 2% 1% Jun Feb- - Baldwin — Sep • .10 Carey ' • Champion Paper common ' 105% — Cincinnati Gas & Electric com—_ —~8~50 Preferred i;— 100 — Telephone— ' ft.* — * Preferred Cincinnati *»*» 50 - 105% 105% 40 8 • ' 24% 243/4 663 20% Feb 102 Yz 104% 17 96% Jan 24% 1033/4 81 90% Jan 80% ; 82 797 8 110 693/4 Jan " Aug 47% Aug 106 • .Aug 24% Aug 104'% Oct —2L Hastings Mfg Hoover Bafl.& Bearing—— —10, Hoskins Manufacturing -2-%%,,;. 450 12% Mar 153/b 15% 105 14%, Jan; Houdaille-Hershey 14% 14% 415 14% 73A 7% common Howell Electric Motors King Seeley ___-_J; 82% — —— —_—__ 8 Preferred .100 Formica 87 90 23 253% 253/a 253/B 62 39% 39% 10 35 50 50 5 45 • Ins Gibson 90 -10 Picher. Eagle 6% Feb Art— 1, •• Kroger 65 473/4 47% „ 823/4 Aug 18 y» Jan July Sep May Drug Kresge Co (S S) Mar 8 Kysor 98 26% Feb 41% Sep 52% Aug Procter & Gamble T* 92% 91 94- 549 68 Feb 963/4 Aug —5 25 25 1 25 20 20 Jan 25 16 16 115 12% Jan class B —if • It % Aug 17% Aug & Lakey Fdy Screw Michigan Mt Clemens 1,183 1% Feb 283% Sep 4 100 Jan 2% 125 43/4 Apr 2% Jun .,5% 5% 100 5 5 „ 5% 33/4 * "3% 5% 6,286 33/4 33/4 472 263/i 5% common. Electric Jan 2% — Metal 24% 634 5% • Preferred 7% Feb 100 273/8 460 Sep ' 3A Apr 3% Jan 18% 4% Aug 15% Feb , - r 15% Jan Mayl 16 Sep 63/4 Machine Murray Cofp National 200 1% 6% • Feb 5% t Products. Bumper 250 385 29 283/4 • . 29 (1% 10; Heater— MAsco 14% 2834 Sep 39% Sep 59 Randall Rapid •.73/4 1. —-1. Kinsel Dow common 14% __—— 33/4 May; 8% May 29% Aug r > ; 1% May. 34 ( Jan, 6% Oct 5% Sep 3 : Jan •5% Oct 5% Sep 33/4 Jun 27 % Aug . 3% 4% 600 3% Jan 2% Welding 23/4 2% Sep 4% Jun 30% Jun 37% Jan 4% Sep Unlisted StocksAllied Stores ♦ American Airlines American Cyanamkl • 4. 1 — • • lo ; American Radiator American Telephone & Telegraph—-100 5 —c. American Tobacco Co __25 Anaconda Mining 60 Avco — — 1 53% July 20% Aug 175% July 40 44 Mar July 62% 95 55 July 65% Jan Sep Sep Peninsular Pfelffer : Columbia & Jan 53% 113/4 Jun 143/a 138 43/4 Jan 6% Aug 10% Sep Sheller 79% July lq 9% 7 Dow Chemical 5 DuPocit 5 Kodak Co 263% 20 35 % 36% 200 65 3/a 69% 463 56 Jan 158 78% Jan 10 27% Jan 343/4" 2% 34% \ 83/b May 50% Jan 23 Ve Mar 333% Jan 27% Jun 393/b Aug 69% Sep 1073/4 — 12% Jan 15% 30% 520 27% Jan Scotten Dillon Manufacturing 433/4 44 J/4 170 37% Apr 41% 41% 180 40 Jun 90 106 Jan 3 Los Sep Sep 1453/4 62 Jun Admiral Jan 54 % Sep Aeco 43% 44 % 181 48% Jun Alaska Juneau Gold Mining 94% Sep 33% Aug 23% Sep 283/s Jan International Telephone & Teleg • 21% 21% 14 13% Jan Lorillard Co 24% 24% 82 21% Jun 28% 28% 28% 25 22% Jun — 70% 713/4 125 57% Jan 883/4 89% 129 58% Jan 10 National Cash Register National Distillers National 1 Inc j 5 - Lead Ohio Edison • » 21 20% —5 York Central New _ • 12 _ Motors American 21 54.% 44% 17 60 20 43% — 90 54% 18% 20 * Air Linos Pure 1 —_33%c Oil—- Radio Corp . j; Reynolds (R J) Tobacco class Regis Paper : Schenley Indus B St ... Sinclair 24% Sep 47% 32% Aug 80% Aug 89% Aug May 25 y4 Feb Jun 54 s/8 — Tor footnotes see page 47. 15Ye Jan 20% July Sep Artists Allied Chemical & Amer 10 38% Jan 44% Aug American 2% 100 9% Jan 15% *-• 14% 14% 65 13% 64% 65 90 48 Radiator 1.40 *• Jan 16% Mar American Jan 65 American Viscose * *• 60 39% 268 15 33% July 263/4 Jun 19% 19% 50 17% Apr Jan Sep 34% Aug Anaconda Copper 39% Armco Sep 32% Sep 223/4 Jan 46% 68 34% Jan 46% 17% 18% 106 1534 Jan 36% 36% 6 28% Jan 18% July 36% Sep •• ' 46% & Thea Sep Ashland & Co Oil & Atchison Topeka Jan 3% Sep Sep Sep 3% 150 3% Sep 4% Feb 5% 100 4 Jun 5% Jan a98 190 88 May 66% 461 47% Mar 15% 530 11% May 20% 1,005- SS 15% Apr 21% 37 Jan 16 43% Mar 45"% Aug 51% Aug 11% 120 10% 10% 435 a62% a62 3/8 (Un) & Santa Fe 10 19% 970 19% 35 Mar 133/4 Jan Feb % a39% 136 28% 1,227 156% Jan 702 55% Jun a36 61% 61% a35% 61% 125 31% May 41 s/8 409 30% 53% 517 34 I10I- 53% 53 Ve % 10% 10% 11 451 12% 125/8 516 __5 (Un). Feb 415/s ■ (Un)_.— Corp (Un) 9% 10% Sep 171% 172% a39 100 a36 (Un) Aug 67% Sep 15% Sep 49% a49% 11% 19% (Un)_ 100 13 a 10% Mining Co (Un) Refining Atlantic Refining 2% a42% a42% 12%| Corp (Un) Avco Manufacturing 2.00 19% -251 (HI) Jan 5% (Un)_ (Un)_ Steel Armour Jun 43c 15% Tobacco 33% 22% 50 High 25 19% 66% & Ref (Un) Tel Co (Un) Tel 1 Low a2% American Smelting 4 Range Since Jan. 1 High 1,550 Potash & Chem class B_. American 323/4 32% Sales Shares a97 Corp. Motors Sep 38% • Aug for Week 15,200 (Un). Inc Jan 2% Sep 323/4 •• 1% Jan 25 (Un)— Mfg Airlines American 15% 33% 13% Mar 1% Mar 1.00 Cyanamid Co (Un)—_—1<L-; American & Foreign Power (Un) Feb 2% 5 11% May 2,825 24% American 25% 153% • 510 1% 62V2c (Un) Dye Broadcasting Para (Un) Sep •• • 123% 6 35/s American Can Co 18% 60 4% Jan Range 5% Pictures. Allis-Chalmers 63 • May 22% Aug 368 July ..5 — Co Brands 200 5% Week's (Un) Alleghany Corp Allied 200 • — Southern Standard • * >„ 20 a23/4 —10 —_—1 Corp American Packard Pan Pepsi-Cola 16 95c Corp American Co Jan 25 Jan 39 % 102 & 13% Low 47 234 Ward July 185 of Prices Sep 22 33 % Mont 5 15% Last 157 94% ^ Jan 1 Vz Sale Price 54% 32% — ,,Jan 2% / Friday 59% 893/4 Co 19 200 7% Mar "2% Sept 10 Angeles Stock Exchange STOCKS 53 33 L) 287 4% 1% —- _ 59% 90% (Glen 203/4 123/g , Udylite Corp Wayne Screw 45% Aug 44% July • Martin Jan 5% 313/8 Aug 144 % 145% 44% 413/a 2% Mar 839 3 5 ... 9 35% Aug 170 15% International Harvester Motors. 1,410- .4% 7-—- ~ 5 (new) 9% 20. Rockwell Spring ; Rudy Manufacturing 5 Stores—. Sep Jan 1% Jan . Sep 15 38% May 59% Jan (P) Sep 30 15% >10 Department Electric 19 10 1023% 107% •• 9% 76% 263% 76% 5 Dayton Power & Light 6 76% „ • Elec 9 6 1,100 Standard Tube class B. 6 1 Ohio 272 3,071 2 3/8 15% 42% 34 787 • 7% Sep 153/4 Jab 203/4 30% Jan 423 12% • Feb 9% ~9% 53% • s 10% 3% 2Vz River-Raisin Paper 42 3^ 353/a ._ 1,220 10% "7% Co B) ——— 123% 68% Gas 7% ? -.7% ,.73/4 Brewing— Prophet (Fred (H W) Rickel 343/4 7% 73/4 Products. Metal 3,595 1,077 34 34% Parke Davis 52% 25 i City Products Clopay General 15 41% ___.25 Service General 13% Jan 155% Jan 613/4 • • _25 ——- Chesapeake & Ohio Eastman 45 149 48% Aug 12% • — Chrysler Corp Federated 193/4 .Jan 113/4 May 52% 13 Steel Canadian Pacific Columbia 49% 19% 38% 77 2 Baldwin-Lima-Hamilton Cities 493/4 170 1 — Manufacturing Bethlehem • 15 1713/4 172% • 171% 47% 15 10 Armco Steel Ashland Oil 473/8 493/4 • 50 Packard Motor Car. -J.1 all5%all9% 50 -10 a35 _i3 6 77' a34% a35% 145 6 695 6 Jan Jan Sep 11% Aug 14r-. 64% May Sep 20% Aug 39% Sep 174% Aug 65j Jan 38% July 42% Sep 53 y8 Oct Apr 11 Sep 12 Jan 14% Apr 95% Jan 27% Jan 119% Sep 35% May 43/4 Mar 6% Aug 83/4 s Number 5365 Volume 180 .'The Commercial and Financial Chronicle .. (1359) 39 OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Last Par Baldwin-LimaBandini Bankline Barker Oil Oil Bendix Aviation Black 2.70 3 13,200 12 720 16% 16 17% 3,422 9 9% 1,010 21 21 230 20c 9 1 (Uni 5 _ (Un) 91% Co „_2 Mammoth Mining McKesson & Robbins 17 % Sep Menasco Jan M^'rrk 67 Feb 91% Sep Sep 1 Jan Minnesota 145 200 % Jun 4-0 50% Jan 11% 12 300 10 12 12 20c 20c 7,000 2 10% 10% 930 4c Jan Sep 25c Co Diamond Corp Airplane (Un)_— Boeing Bolsa Chica Bond Stores 5 Corp Oil Inc 1 . (Uni 59% — 4% Company (Un) Borg-Warner Corp (Un) Broadway-Hale Stores Budd Company (Un) : 414 4% 2,774 25 13% 62 > 5 10 a > - 13% 13»/2 * 93 - 93 - - - Finance Plan T/e convertible National Aug National 93% Sep Aug National Supply 14 V* National 252 11% Mar Aug New Idria Jun New York Jan 10% Oct Nordon 10% 10 3/4 450" 8y8 Jan 11 Jun Norris 1 13% 452 10% Jan 14% July North a22% a22% 80 lo Va Jan 24 North American Co 2% 3,000 (Un) a22% 10 141/4 July Central Southern Canadian Oils Atlantic 1 ; Oil__. Canadian Pacific Ry Co 2 (Un) Corp (Un)—: (J I) Co (Un) Caterpillar Celanese Tractor Corp Certain-teed Voight "Preferred Cities Service Clinton Foods Inc Colorado Fuel Columbia Gas Commercial System Solvents Edison Consolidated Y N Foods Consumers Power Continental Can Co Co Continental Oil ' Deere Co & L (Del) Dresser ' . du (Allen l Eastern Air Lines Eastman Kodak El Paso Electrical Inc A Erie Exeter Oil Flying Food ' Garrett 41 41% 211 34 Jan 42 V4 33'/a 520 20'/2 Jan 33% 12% ^al3 73 9% Jan Tel all% all% 5% 5% 46 % Jones & Kaiser Power Kern Gas Libby, 66% a69 187 43 y8 44% 1,711 139 1 Apr Jan 1.85 24% 47 10' 200 1,200 105 al05 50 St Diego Rights a82'/4 a821/4i al'/4 22 al%" 1 2% 2% * 31 30% 31% 3 12% 12% 35% 35% 144 200 - 185 Co a60% 30 & a48% 25c Seaboard Co For footnotes see 31 y« Jan 433/4 288 •29% Feb 63 307 66% Jan 37y» Aug 66% May Jun 11% Finance 27% class 20 25 Shell Oil 87 %c 60 66 7c. 20 Aug Mar & 39 y* 33% 1 Jan Sep Jan 50% Aug Southern Calif 4.08% 37% Feb 443/4 Aug 57% Jan 72 Sperry 6% Standard Standard Oil Webster & 11c 1.75 Textron Ltd com Jun $1.25 24 Sep Tidewater 10% Apr Trans 1,000 Sep 21c Jan Transamerica 27 % Aug Tri-Continental 38% Oct 2% Jan 25 1% Aug 16 18% Jan a85% a87y4 415 66% Jan 40 Jan 28 28 11%- 12% 1.00 1.05 2,678 50 • 22 Aug 87% Aug 483/4 May 42 42 185 41% 896 11% 20 175 41% a 11% Sep 630 1,650 27% May 32% 33% 680 22% Mar 33 % Sep 16 '/4 16% ;i 3,319 14% May 17'. Sep Jan 28% Aug Apr 13% 8% 70c - - 16% Feb . 88,989 % 23% 3% % 233/4 160 33/8 i 3Va 19% 19% 28% H 'Sep Sep 233/4 Sep 800 lA Feb 175 17% 23% 3 21% Jan 29 827 24% 357 58 7y8 Sep 12% 12% 229 6 Jan 57% 57% Mar Sep A SeP Jun 250 Feb July 76 Sep 9y8 Jan 14 Aug 47 234 Jun 57% Sep 2,445 253/a 253/s 20% Jan Jan Apr 46'/a Sep Jan 49 28% 559 34% 15 a49 a47% a49 % 262 35% a21% a21% a223/8 122 17% May Sep 25% Aug 38% 46 y8 46'/a » 144 44 25 ' 45 2,926 a25% a257/8 a25% 582 a373/8a 37% a37% 27% 27% 36% Jan Aug 25 50 27% 27% = Feb 253/a Sep 253/s Jan 27% Sep / Aug 50 32 y* Jan 39 112 26% Jan 28 V* Apr 36 3A Sep 363/a 36 10% 11 625 45% 44% 45% 1,074 1,031 32% Jan Jan 143/4 Mar 38% Jan 47% Aug 28% Aug 8 a26% a26% 27 Sep 43% Jan 80 36% 295 28 Jan 363/4 Sep 75 76% 278 36% a 38 a75% a773/4 1 * » 76% 77 3,491 Sep 94% 52% Jan 77% July 77% 450 94% Sep Feb 100 3/8 Sep J/2 Jan 42 y8 Sep Assoc World 94% 15 100 100 596 78 % lo 42 42% 373 35 Aug 19 Va -19 Va (Un) al07% ♦ Warrants __2 Twentieth Union Sep Sep 1,15 July Corp Union Oil Pacific Co & of Carbon Calif RR United Air Lines United Aircraft United Corp United States 35% Feb Jan Sep 44% Aug Corp (Del) 43 13% Jan 18% Aug Universal Consolidated 24.% 195 21% Jun 25% Universal Pictures Jan Co 58% Jan 80% Sep 1053/4 al08 436 89% Jan 89% 9% 100 50 (Uni 3,532 18% July 25 y8 20 200 13% Jan 20 V* Aug 34% 353/s 962 25% Feb 36% July Apr Sep 8% 1,240 57/a 22% 800 15% Jan 7% 405 Jan 27% 27% 28% 1,910 4y« 18% Apr 28% Sep 83% 843/4 522 72% Jan 843/4 Sep 49% 513/4 2,983 38% Jan 112% Jan 49% 35 a62V2 a61% a643/s — 112 a38 * 55% 10 63% 1 a28 23 y4 July 8 513/4 Aug Sep 138% July 21% May 28 Ve 48% 68% Aug 5% July Jan a5% 6% 5 ______ 8% Oct 22 5 _ 17 y* Aug 7% 1 Oil 11% Aug May 15 25% a27 a27 % 1 Jan IV* Apr 233/a al34% al373/4 S Rubber Co (Un) United States Steel Corp 94 a 255 a27% (Un) (Un) July 165 10 Radiator Apr 483/a July, 32 19 50 (Un) 12% Aug 20% 7Va • 25 (Un) U 26j/2 (Un) common 40 Sep Jan 22 t .1 Jan 11% 16% 7% 7% 1 ! Century-Fox Film Carbide 34% 1 (Un) com 43% Feb 20 25 5 i w 140 al6% al6% 10 Corp; 1,292 9 5/s * A 355 19% 22% Jan a783/a a803/4 a783/s 50c (Un) 12% Jan 37% .373/4 25 Airlines Sep 14% May 193/4 7.50 . Sep 27% 570 123/8 -1 -25 19 Va 22 y4 19% a50% a50% 10 common- 167/s May 240 18% * 1 100 a24 V2 a247/8 .5 (Un) (Un) Oil Va 25 (Un) 17 % al8% 24% 46% Oct 76 Tree Sweet Products Co a21% a21% — Jan 24 % 1 preferred Jan Aug ' Sep 38% 560 2 (Un) common 8 Jan .«■ 530 24% 7% (Un) Inc Sulphur Inc 12c Jan . 45% Mar 253 20% . 45 24% 7% Service Sunray Oil Corporation & Co (Un). 1,310 26% Jan j.;. •. 45 5 (N J) (Un) (Ohio) (Un) Oil 14c 380 15 _20c Standard Oil Co 8% 204 , 22y8 Aug 28% Aug 24% pfd class A—25 (Indiana) 21% 26 Sep ( 59% May 19% July , Jan 27% Standard Oil Co of Calif Standard 14c - 500 1.00 May 75% (Un) Brands Inc 8% all% all% 27% » Public 21% 47 y4 27 25 Corporation 14c 45% 619 - * Petroleum 8% a2% 20% __25 Aug 193 a2 y8 203/4 Jan 49 1 (Un) a48 Vb a49% a2% 70c 1,047 1.40 preferred Gulf 33 8% 7,380 10 com__ preferred 4.32% Company Jan 38 V* Aug 722 1.00 58% » Co Texas 28% 38 36 26% 333/8 Sep ♦ A Edison Texas 973 26 Jan Apr 1 Oct) 1,000 38% 7V4 5 Ry Solar Aircraft Co— Prod 4,720 14 Va 27 85c 27% 5% Aug 64 V2 Sep 39% 5 (Un)„— Oil Corp Socony-Vacuum Oil Co Inc (Un) Sylvania Electric 7c * Jan Sep 403/4 Aug 6% July 34% July ... 573/4 1.00 1 20 class Stone 1.15 3c 48% 3,479 * 1 Studebaker Corporation Studebaker Packard 76% 82 %c July * Jan 15% May 1,607 15 Gas Sep Sep Aug 3V* 387 39 — Jun 33 29 a62 % a633/8 28y8 Jan 22% Jan 1 32% 1.75 a78y4 a79 Va 27 B___10 (Un) 27 1.65 a48% a62% Aug 15% Sep Feb 14% 180 120 Sep Sep 9% 35 Feb Mar 46 y2 2,157 5 10 Co_ Oil Southwestern 14 May 28% a34% a363/s 27 Pacific 327/8 Aug Jan 843 8% a7% I ^ Stanley Warner Corp (Un) 36,490 357 25% i Inc Calif 583/B May 32% 14% Sep Sep 56 % 64% Jan l Calif Gas 1% Aug Jun 22% a7% Co Southern 2% Jan 613 2% (Un) Feb Apr 4% Feb 100 5 1 57V2 8% • 113/4 July 44% 137 33% 33 a363/a ♦ 9 215 26 14% 1 200 1 14% 33 5 ;__J 11 56% 64% 8% * Company Southern 27% Mar 400 11 56% 62% 62% 5,a Sep 32% 10 115 33% 50c Francisco 74 Jan Feb 63 6 23 V2 - a42% a44% 18 y. 33% —1 953/4 july 46% Jan 1 ! (Un) Sep 75 3 Sinclair 33 » Feb l (Un) Servcfmechanisms Aug Sep 38% Aug 34 y2 Aug __• Corp 36% Inc Signal 1.75 7 Inc July ___50c Tob Roebuck & Jun * 10c 30% 25 25% a48% a48% 1 (Un) 143 25 27% a72% a73y4 4 ; 16% Mar a33% a36% a33 % 1 Gas & Electric Union Libby Mar 13% Aug preferred 25 V\ 2.50 ; 16 265 Aug 55 a62 92%c 92%c —a88 (Un) Jan 585 — Aug 269 - a31% a31% a61% 10 : 76 17 preferred •..1% Aug 29 July Jun JL5% Sep 35 Sep 88 Aug 14% 4.48% 1% 4,865 4V4 Sep 14% 4.88%. 55% 45 2% 2% 16% 5% preferred Sapphire Petroleums— 3.00 Aug * Aug a87 % a873/4 —* Corp San San 42 Jan 37 V* Mar 2% (Un) Regis Paper Co 76 July 29% Aug Jan Jan 4 192 Jan Sep 79% 34 153/8 (Un) Soqthern a Aug 33% Mar 27% (Un)__:— Spring & Axle Louis 48 July 4A Sep 12 139 . Servel 37c 60 July Jun Jun 10 60c 32% 1,400 5% a4% 38 7 115V4 164 40 187 39C* 5 38c 27 115 Jan a38% 685 50 Oil Co Oil 1,739 10 fl30 1,104 Apr 19% Feb 36% 23/4 25 y4 350 33% 27 V* ' Sears Jan Sep 283/4 July Aug Jun Sep 153/8 Ryan Aeronautical Co__ 14% July 7% Aug May 37% Jan 27 26% 130 ___1 Manufacturing Co— Rockwell 48% Sep 34% 150 200 a35 % a35 % Jan 1,873 -- Sep 28% 26% 9% 1 10% July 36% May a40 " Apr 373/4 263/4 10 Aug 33% Sep 2.15 Apr 2.60 l (Un) 243 (Un) J) 33 %c (Un) 373/4 • Inc (R Richfield Jan 9 21% 1 Jan Gas & Rice Ranch Sep Hep 38% May 21 L com Light Co__ Oil Co (Un) Lockheed Aircraft (P) 5% 21% (Un) Corp— & Petroleum Lorillard 12 38 a39% « 7% 39% 4 Swift Lion Loew's Reynolds Feb 10c Co Chem McNeill Lincoln 58 686 339 10 ! 809 (Un) Steel Oil Drug __10c Copper Lane-Wellls ; _ 1.856 J 44% Schenley Industries (Un) 33% * County Land Co__ Laclede % 75c 2.50 * (Un)„_ & Motors 300 33% 1 • Kaiser Kennecott 18% 2.50 * : Kansas Apr 35% a37% 1 Laughlin Steel (Un) Alum Jun a __ Harvester. Tel 9% 16 y2 a 25 do Oil 200 256 48 10 Sep 11% Aug 12% July 33% (Un) Jan 44% (Un) Corp of America Rheem Sep 33% July 45% Aug 28% 44% common Theatres Reserve r Sep 16 145 (Un) q% a67 1 Co 9 84% class A Car Incorporated Republic Aug Sep 4y4 Aug 64% Sep 49 V* 31% 28% Aug J1 Jan 8 31% 373/4 Feb « St 43% 25 Steel Oil Rexall Sep 31% 26% V* 50 - Apr 320 Safeway Stores Incorporated 46% a65 % a65% —12.0U 11% 9% May 6% Aug 30,760 a65% 3% 16 !■ Jan , 3,775 15% 33 %c 35% 1. 3% _10 (Un) 285 1.80 Jan 3% 3% * .10% 1.60 17 62% (Un) 10% 1.70 433 33%c Railroad 9% 1 45 1 10% . .' July 60 443/b * 28% Aug ' 17% Sep 25 V* Jan 38% Mar (Un)_: 60% July 41% Jun 12% 48 Va Jan 54 V* 116 (Un) Jan 78 : Co C) Republic Aviation Republic* Pictures , Feb 6.00 Mar 20 Va 68 352 (Un) (Un) Jan Jan (Un) Car 22% Feb 1 Sep July Sep Jan 310 49 common—, 47% 59% (Urn Oil 82 1 820 Aug 2.50 Sep 20% Jan 56% 35% 81 i7y8 46 % 53/8 26 28c 14c 55% a25 3/4 a253/4 1 1,337 ■„ 57% Corp Oil Co Jan 26 International Nickel (Un) Jade 108 655 443/4 45 56% 100 39 ' 1,200 " Sep ,____25 Raytheon Mfg Co (Un) Remington Rand Inc (Un) Sep 14% Aug 138% Sep 2,225 ; Imperial Development Int'l i 2.75 Feb Jan 19 49 common RKO 7% Mar a90% a94% Intercoast Petroleum— Intex a29 1,000 common, 37% 12% (Un) Paper 14% 30 1 (Un^ Illinois Central RR International Jun 453 16c 25 Radio Aug 6% Aug 43% Aug a72% a73 % ; International 9% 1,750 _____20 (Un) Oil Jan * Holly Development Honolulu Sep 8 * Gulf, Mobile & Ohio Co Jan 5y2 90 * Lakes Oil & Chemical Great Northern Ry common (Un) Preferred Feb 35y4 505 al44%. 16c __25 World (Chas) Pressed 7% Aug 26% Mar a28% 3 Great Hancock Oil 57% 46 233 a60 Vt a60y2 (B F) Co (Un)_„—_10 Goodyear Tire & Rubber common 10 1 7% Aug 59'/2 May 4% Aug a28% Goodrich Corp Feb Feb 140 r Oil 39% 57% 400 a60% Good Humor Co of Calif common—_50c Prior preferred 5 Gulf July 1,191 al44 874 2.60 6»/8 1% 6,050 19 ;___25 Phelps Dodge Corp (Un)_ Fhilco Corp (Un) Phillips Petroleum Aug 33 a 53/8 5 common Co 47 y8 % July 25 - 720 4% 10 Pfizer Pullman : 5% ■ July Jan —____5 Co Aircraft 44 Pure 5% Sep July 35% Aug 10 V* Sep • 130 ; (Un) Sep 28% 32 »/2 Jan __1 Pictures (J Feb 87% Jan 25% 1 i Motor Penney Apr 5% 21 10 Pepsi-Cola Co 1 Ve - 195 * Tel Pennsylvania 40% 72% 41 Vs __5 (Un) Grumman Sep Sep 28% 3 ! Co___ Corp 15% 21% Aug 16% 14% a35 a35% a35% a35% 93/8 9% 100 : Elec American 24 86% 1 Corp common. Telephone (Un) l Greyhound 19 & Paramount Feb 12% Sep 2iy2 a4% Packard Pan Feb — .—2 Graham-Paige Corp Jan Sep Sep 13% __1 Corp (Un) Motors Corp common Co 29'/a 12% 5% 43% May (Un) (Un) Corp Western 25 13% 28% " (Un)___l0 Paint Pacific 400 12% al44 — Line Gladding, McBean & Oct 184 75 ' Jan 17 19 Petroleums % a54% a55»/4 13% al2% ' Products 6% Jan 41 1*3 32 410 1 Products. & Tel a22 a8 125 a20% a213/8 Rights 56% Aug ' 16% July 37% Jan * General Glidden 50 5% l General Foods Gladden 12% 150 <• General Jan 26% Aug 15% Mar 545 1 General Dynamics Corp_ General Electric Co (Un) General 1 L_I Corporation Jun 38% Pacific Sep 108% ' (Un) (Un) 5% 159 72% a43 % a44 % a20% 50c Chemical Lighting Pacific Jan 71% May 51% Sep a55% 4 Corp Jan Aug 70 11 .5 Co Tiger 13 45y4 Jan (Un) Machinery & Chemical 80 18% a8 a44% (Un) (Un) RR preferred Pacific 8% (Un) Fedders-Quigan Jun 43% 72% Phonograph (Un)___5 Co Corp 10% 37% May 56% Feb 100 Jan 1 RR red preferred 4.50% red 1st pfd 26% May 415 : Railroad Eureka 50 16 % Aug 300 _10c (Un) ElectroData & Jan 140 45% Sep 56% 37% July 79 y4 Aug 38% "481 1 )"■ '5% 38% 10 y2 Products Emerson Radio 19% Aug 1% Mar Apr 15% a 38 % Aug 71% 5 (Un) Gas 838 10 Gas Pacuic 10 - Co Natural "13% Aug 3,171 a46 % a46% —" * class Finance 16% a8 10 L Nemours Pacific Clay % 50c B) de Aug 71 „_i PonffE I) 22 Mathieson a22 50c Industries Dumont Jan 5 I'l Douglas "Oil Co of Calif Pacific ;_1 — Inc Oct 16% % « (Un)„^ Chemical 43% 45% —__20 ; Douglas Aircraft Co Dow a Aug 24% Sep Jun 18% 18% .. _* (Un (Un)_ (Un) 5% a32 18% 50c \ Records 18% a43% Apr 34 677 a52 a53% .1% i_* •' Decca 5% • (Un)_________* Crown Zellerbach (Un)i ;__ 5 Cudahy Packing Co (Un) _—_^__10 Curtiss-Wright Corp common (Un)__I • 103 108% 45 Jan 37 71 1 17 25% July 7,195 Feb 20 250 71 _lo (U11) 22% 50 • 12'/a Co 53% 8 VA Mar '173 205 -168 37 Oil Co Oil Feb 12% 145 70 a30% & Steel com—__2 Co a 15 * Corp. Continental Copper Continental Motors 12'% Oceanic Apr 100 22% 65% 5% 25 Corp Liquidating 1% a36 " a41 % a4lV4 (Un) (Un)__ Engineering Consolidated Consol of 1% Jun ■ 100 108% *"• (Un) Edison 1,620 206 ——* : 19% a46 37 5 Aircraft- 16% 87 460 13% a __ I—_—1 Iron 30 22% 13% 68% 1 (Un) 14% 22% 10 — Olin a35% 100 L__ 14% July 49 7 —25; (Un)_ & Commonwealth Consol I Ohio a30% a31% * ' (Un) com 59 y2 Mar „ 1 (Un) Clary Multiplier Climax Molybdenum ' - 1 _ 28V4 Sep 19% ■ (Un)—__25 ______—: Corp Jan 48% Sep a23 % a23 % ♦ (Un) Jan 32 233/a July 20% Sep 3 American Aviation Pacific 21 y2 A Sep - '22 V2 a a45% a23% * 6% Mar 385 4 5 Co Northrop 260 223 •— 1 —i Chicago Milw & St Paul 1 __~l->. a30% Ltd Ohio Ry Co <Un)_ 3% Aug Sep 26 % a62% a64% 22% _1 . ' Aircraft- Charter Oil Co Chesapeake & Chicago Corp .. 2% 51% 14% a * L Aircraft 12% 10 Products Chance Chrysler i : 665 4 Jun 26 % 10 (Un) (Un) Cessna 4% 1% 51% 26V4 —25 Carrier Case 2% ,10 Aug Sep 6 Aug Corporation Oil Northern Canada 16 y4 373 9,801 32 1 8y8 9 preferred 294 (Un) Feb 2.35 July Va Jan 18 42 Jan 20% —20% (Un) Mining & Chemical 7 310 9'/4 2% 1.35 Aug 1.75 Aug Feb (U11) 658 Mar 1,480 7,450 21% (Un) 8 r 53/8 87 (Un) Gypsum 32 May 2.35 2.15 A Theatres 14 ' Jan 4%- 39 a22 % a233/4 (Un) Distillers 15% July 15 High Jan 1.15 Mar ,__5 1 (Un)_ 10 3/8 10% 10 Burlington Mills Corp Byron Jackson Co Jan 93/s Inc 17% 600 *■ (Un) Montgomery Ward & Co Inc Motorola 1.70 al9 al9% juig.it, Co 70 3/4 - ■ Power 10% due common preferred 60c 7% Jan 75% /. 785 13 y2 13% -240 v Buoget Aug 67% Aug 5y4 May 58% Mar 14% <v Montana-Dakota Utilities 12 40% May 3 % Jan 14 y4 a 15 — 343 , Jan a67% a68% 1 Borden 60% 8% 2.30 Utilities rights Power Low 150 a39% a39 3/4 53/8 1 1.60 a39% Bun Since Jan. 1 High ,_16%c Mississippi River Fuel July 1.70 18 ' • IT 11 Shares a28% a29% _1 ; ■ Development Montana Blue Inc South Mission * _10c & Middle 80% July ,Jun (Un) for Week of Prices Low 1 i Mlg Co_ Merchants .Petroleum 26 1 (Un) Mascot Oil Co Feb 12% 91% Co Feb Jan 79% L) 16 Jon 1 • (Glenn 14% 73 % 50c (Un) Corp 8 Martin 3.50 10% Aug 11"% Jun Sep Sales Range For 10% 2.55 July 11% Week's Last Sale Price High 8% Mar 2.75 _ Mining Steel Oil 208 11% ^ Benguet Consol Bishop High Low a9% alOVs Friday STOCKS .—,—10 common 1 Range Since Jan. 1 1 Instruments Bethlehem Shares Low 13 OCTOBER for Week —1 Co Beckman (Un)_, Co Co Bros Basin Hamilton Petroleum ENDED 1 Range of Prices Sale Price FOR WEEK Sales a5% 37 5% July 6 6 % 358 5% Aug Sep 6% Jun Aug 30 Jan 38 57 1,034 39% Apr 57 Sep 63 V* 616 55% Jun 67% Apr a28 a28 % 70 19 Jan a38 a38% 55% 62 75 29 Sep page 47. L The Commercial and Financial Chronicle... Monday, 40 October 4, 1954 (1360) OUT-OF-TOWN MARKETS RANGE OCTOBER 1 FOR WEEK ENDED Friday Lts a35 16 ¥2 16% a34% a367/8 45% 45% • 1 10 Washington Water Power (Un>—; Lines Air Western (Un) Western Union Telegraph Wilson York (Un)— Inc Co & W) (F (Un)„ Youngstown Sheet & Tube 1 * 22% 53% Mining Gold (Un) 10c Co Tire & Rubber 215 370 701 Feb 33% Sep Jan 12 Sep Gray 56 Sep Great Jan 74% Jun 31c Apr Greif Sep Greyhound Corp (Un) Griesedieck Western Brewery 8% Jun 10% 40% Apr 45% Jan Drug Stores Lakes Oil & Chemical— class A Cooperage Bros Sep Jaa 40 .10,000 50 8c 65% Jan 100 11 ¥2 Mar 15 Aug 200 53% 82% Sep 12% 12% 200 12% Sep 17 ¥4 17% 200 25 ¥b 25% 1,200 2% 3,500 25 Mar 1,500 16 2¥B Midwest Stock A compilation mt the round-lot transaction* Range for Week of Prices Shares Last Sale Price Par 5 10 * —1 5 1 45 Acme Steel Co Mi'g D) (J Adams Co Admiral Corp — Castings Affiliated Gas Equipment Advanced Aluminum American Airlines (Un) 15% 7% 150 1,700 6% 100 4% 24 Sep 900 11% Jun 14 Jan 17 ¥4 17% 1,500 8% Aug 17% Sep 61 61% 1,000 Jan 61¥b Sep 16,700 3% May 6¥b 3% 600 3% Jan 30 66 67 ¥4 6¥b 25 ¥. 26 ¥4 150 23 Jan 30 V4 May 223/4 22% 233/4 550 17% Jan 26 24% 450 22% Jan 25¥4 9% 24¥a . Jan 45% Jan 67% 11% May Sep 19% Oct 20% Sep : Cyanamid Co Feb 48 ¥2 Jun Investment American Machine American 19 ¥2 10 42 300 36% 49% 50 ¥2 400 43 % Mar 200 23% Jan 29 'mmm.'■ ;,V- 26% 27 700 21% Feb 8 Apr 10 Jan 200 37 Jan 44 July 26 ¥2 26 ¥2 250 21 ¥2 Jan 27 Sep 13 13 13 ¥8 1,050 13¥b Jun 49 ¥2 49% 49 ¥2 300 51 ¥2 Sep 34 34 35% 2,600 18 Jan 35Vb Sep 27% 27% 273/4 200 26 Mar 33 32'% 33 10% 10% 10% Forge La 5 5 100 25 American Motors Corp & Stand San'iUn) American Rad American Tel & Tel Co Ashland Oil (111) Atchison Athey preferred Topeka <fc Santa Fe Products Corp Atlantic Refining Co 42% 2,100 29% Jan 42 ¥2 Sep 1*3 54 2,300 33% Jan 54 Sep 10% 10% 12% 4,300 11 ¥b 1,700 14 ¥4 23 Jan 26 ¥a 100 92 % Jan 118% 7% 8% 700 6% Jan 35% 500 28 % Jan 2% Jun 4% Avco Mfg Corp.— 4% Jan 6% Aug "3 3 3 600 6 6 6% 800 10 10 VB 8% Apr 11% 1,600 Jan 8 ¥2 Bastian-Blessing 13 Aviation Bendix (George W) Brad & - (E Sons Corp Brothers Marshall Aug (Glenn L) Medusa Portland Cenco Corporation Centlivre Brewing Corp k'Tj Illinois Sep 63 Central 111 Corp Secur Jan 61 Jan 91 ¥2 Sep Minnesota 4% Jan 78% 78% 400 50% Jan 81% Aug Mississippi River FueL Missouri Portland Cement. 15% 15% 750 11% Jun 16 93 102 24 1,900 19% 75% 250 50 Chemical Monroe Motorola Oct Muskegon Piston Ring Co 2 ¥4 Jan Muter 14% 500 10% 22% 1,300 15% Jan 22% Aug 19% 650 11% Feb 20 ¥2 July National Distillers 21% 22 1,500 11% Jan 22% National Lead Jan Sep Standard 200 21% Jan 28 ¥a Jun National Tile ¥4 Aug l¥a Jan New 1,400 16% Apr Towel Co Chicago Clinton Foods Crane Dodge 1 Corp 25 24 ¥1 Sep Jan,. 8% July 39 ¥2 Aug Nunn 27 ¥a May Oak 10 1 r (Un) 5 Corp 22 % 400 19 65 250 60% Jan 8¥a 9 1,550 8 Aug 115 20 102 Feb 115 10 5 10c 108 ¥4 Emerson Radio & Edison Co Phonograph (Un) Pour-Wheel Drive Pox Gamble-Skogmo General Box 32 ¥b 800 24% Feb 23 ¥4 200 23% Sep 28 15% 15% 2,100 12% Jan 43 ¥4 37 Sep IV4 Sep ¥2 Sen 200 32% Jan 43 Sep 4 Jan 7 Aug Jan 200 29% 5 ¥, 5 ¥4 400 5% Sep 12¥B 12% 200 7% Jan 6% 733/4 63 70% 44 Pfizer & Co (Chas) Phelps Dodge Corp Corp (Un) Pure 175 20 127 ¥4 Jan 175 42 50 34¥s» Jan 44 May 14 13¥4 Aug 68"% 44% 12 13% 100 73% 72% 73% 200 20% 400 20% 21% 1,000 21 ¥4 Sep 543/, 100 38% Feb 55 Aug 34 34% 250 28% Jan 35 ¥4 Aug 7 ¥4 7,000 5% Genoral Motors Corp.., 90% 90 94% 5,300 General Package Corp_„ 56 55 56 31 ¥4 1,200 * 28% Jan Jan 34 100 33% 33% 200 33% May 9% 10% 13,^00 4% May 34 • JL 7¥4 3 ¥4 Mar Sep Feb 18% Jan 26 20 Jan 48% Sep 17% Jan 22 Aug 300 20 Jan, 27% May 57 ¥2 400 53 ¥2 July; 16% 3,400 13% July 1,000 40 V8 100 14 ¥2 1,700 16V2 200 38 3A 20 44 ¥» 45 ¥4 300 20 21 ¥4 1,350 253/4 55 ¥2 16 63%,AMar 16%. Aug „. Jan 55 Aug Jan 16 Feb Jan 20 ¥2 May 51 15% 15% 19 ¥2 19 ¥2 20 44 ¥b 44 ¥2 Jan 44¥a Aug 66 66 100 54% Jan 67 ¥b May 21 ¥4 Sep 23 Va __ x (Un) Co 12 10 17 ¥a 167 14 ¥b 323/4 Aug 1 10% *8% Aug Jan Aug T3¥a 'Sep' July 94% Sep Sep 34% Aug May 10% Sep 37 13 V4 Jan Feb 30¥b July Oct 16 ¥2 Mar 37% Feb Va Sep 32% 35% 400 4 3 ¥2 900 31¥a Jan 44 33 ¥2 100 28 Feb 37¥b July 10% 103/4 100 7 ¥4 May 11 Vb Sep * 39 ¥2 39 ¥2 200 36 Jan *-42 ¥2 Aug 56% 57 600 41% Jan 57- * * Aug 6 3 ¥2 64% 700 43 ¥2 Feb 65 Sep 5 31 ¥» 31 ¥4 300 28 Vb Jan 33 ¥4 July 8 ¥2 100 4 ¥4 Jan 700 22 ¥b Jan 34% Aug 8¥b Jan 15% Sep (Un) — Theatres Corp Radio Corp (Un) of America (U11) Manufacturing Co Remington Rand (Un) Republic Steel Corp (Un) Raytheon Rexail Drug (Un) T°^acco dass B 8 ¥2 1 • 5 50c • 2.50 10 34 14 ¥2 28 62% Spring & Axle St Louis Public Service St Oil Co Signode Steel Strapping Co Sinclair Oil Corp Socony Vacuum Oil (Un) South Bend Lathe Works 200 25% 28 ¥1 3,600 14 ¥4 Jan 28 62% 63 ¥2 700 47 ¥2 Feb 64 ¥2 Sep 600 6Vb Jun 7 ¥» Jan 7 39¥» 38% 39% 6,100 33 ¥4 July 23 ¥2 24% 1,200 21¥b July 9% 9% 400 20% 20% 200 9% Sep 14 ¥2 14 ¥2 8% ¥4 Sep 40 Vb May . 26% Jan Jan 10 , July 19 22 ys Jun 12 1,700 Jan July 14 Jan 13 ¥4 13 ¥b 13% 5 10 1.40 Schenley Industries (Un) Schwitzer-Cummins Co Shell 9 ¥4 _12 "A" Paper Co — Sangamo Electric Co Regis Scurry Rainbow Oil Ltd Sears Roebuck & Co—: 34 6% * Co 33 6% 5 60 3,100 167 Jan 14 ¥2 Sep 18 ¥4 Apr (Un) Rockwell 79 37 ¥2 Jan 15 Co of Indiana Sep 2% 20 ¥4 135 ¥2 3 3 ¥2 5 7 ¥2 14 4¥s July 12% July 2% 100 167 Mar Apr 10 Vb May 42% 3 Company Oil 4 (R J) Jun Jan 16% May 50 ¥2 Bros Aug 59 213A July 17 ¥b Mar 15% Richman 48 ¥0 Feb 4% 2,400 19 57 16 River Raisin Paper 15 57% Jan 25% Jan 74 May Sep 6¥a 20 ¥4 6 ¥2 19 44% 20 Aug July :9% Jan 8 ¥4 Jan 200 34 16¥4 38 2,800 13% Jan ¥4 Mar 50 5 ¥2 543/4 14 45 ¥4 May 68 43% Jan 2 7 8 ¥4 * July 42 6% 44 ¥4 July 20% — Quaker Oats Co X. Jun 600 Jan 8 ¥4 Sep 61% 2,300 31 20% Car Co Steel Pressed 14% July 145 Jan 8% 100 5% 8 ¥4 50 100 33V3c 1 12.50 Peoples Gas Light & Coke Pepsi-Cola Co (Un) Sep 46% 2% 44 Aug 700 200 6% 80 1,400 59% 6% 72 Jan ¥4 43% July • 28 56% 17 ¥2 59% Jan Jan 140 800 37 Aug 4% Sep 33 ¥2 Mar 31 30 ¥2 31 16% 29 300 Sep Aug 64 ¥b Jan 3 6 ¥2 30% May Apr 34 ¥2 25 Pennsylvania RR 6% Aug 9¥s May 500 Jan 19 Jan 15 ¥e 63 ¥2 ' 73 ¥4 46 Jan 15 ¥2 May Jan 100 38 y8 500 Jan 1,150 55 ¥» 300 100 33 % 15% 100 46 100 13% Aug 9% May 733/4 45 ¥4 45 ¥4 4 600 13% Sep 7% July 5% July 3,600 12 Pullman 15% Sep 32 4¥s Jun 16 ¥2 Public Service 12% Sep 11% B Peabody Coal Co common 5% convertible prior preferred Penn Controls Inc class A Oct 200 2% 16 ¥b Jan 12 .s« 200 « __5 Corp Patterson-Sargent Co RKO 12 17,900 Sep Sep 104% 32 ¥a July 27 200 ¥1 Aug Aug 15 ¥2 100 Sep 8¥b July 14 ¥2 16 18 200 10 ¥4 31 Va 7 97 ¥4 Jan Jan 300 20 ¥4 Mar Jan 13 14 35 ¥2 Jan 145 Apr Jan 7% 13 Feb 6 Jan 10% 145 Jan 51 1,800 9¥s 600 9 ¥4 17 600 ¥4 13 % Mar 2,400 41 ¥2 32 Va Aug 300 97 ¥4 27 Va Jan 41 31% July 28 ¥4 8 Sep Jan 300 class Pen 25% 15 ¥2 8 Va Sep - 24 ¥s & (Un) Car Philco 16 ¥B 800 200 Mar 37 Jan 15 ¥4 8 1,300 30 1,700 Sep 44 ¥2 July Jan 36 ¥B 14% 1,700 17% 36 100 , 16 36 28 ¥2 , 35 ¥« 11 ¥8 Aug 28 ¥2 6 8¥s *■ 34% Jan 67% , 17 ¥b Chem Packard Motor 15% 14 For footnotes see page 47. Aug 4 ¥2 Sep 12,600 r^i7ff 43 4 Sep 40 31% Sep 15 ¥a 7% 9% 100 Oct 32 ¥a 23% 2% Gibson Refrigerator Co 4,950 4 ¥2 ¥2 17 Va 1,000 General Telephone Corp common 38 ¥2 15 15 ¥b 10% (Un) 19% 100 2 Aug 80 67% Utilities Jun ¥4 Parker 22 ¥4 Jan 43% Public Sep 19 Sep Jan General Dynamics Corp General Sep 13 Jun 72% 8% Corp 22 Apr 4¥s 17% General Electric Co Foods Feb 8% o Sep 2,700 250 800 General 16% 300 14 Sep 10 General Finance Corp common- 100 12 2 ¥2 Oct 70 10% General Candy Corp Jan 22 8,700 108% Oct Inc 19 ¥4 23/4 Jan Aug Corp Oct 2% Feb 81 % 64 ¥2 6% 18 ¥2 * Pan American World Airways (Un)—1 Paramount Pictures (Un) _1 56% 22 ¥4 1.25 (Peter) Brewing 42 50 Va 49 ¥4 12% 18 ¥2 Apr 400 10 Aug 41 % Jun 1 Auto Sep 18 ¥2 19 ¥2 6% Reynolds Palstaff Brewing Corp 12 ¥» Jan 100 43 % 12 Jun Jan 15% 483/4 28% 5 7 9% 200 21% 400 42 Aug 100 1,000 48% 28% 5 7 ¥2 7 ¥2 11 ¥4 21% 10 Mfg Sep 5 Oklahoma Natural Gas Co Aug 300 13 Aug ¥2 Sep 115 ¥2 1,900 41 ¥4 3¥b Aug 87 ¥2 300 46¥s 15 ¥2 2% May 4% 1 (Un) 64 ¥2 __ 200 4¥a 12 * 7.50 Co Oil 4 3 ¥4 — 2% 31% 100 com—5 10 2¥2 Manufacturing Co Ohio 1,100 38% Co Ohio 1 (Un) & Shoe Bush Oct 6,700 70 65 ¥4 103 Power Mar 175 Paper Corp Controller Electric (Minn) Northwest Bancorporation States 65 46 ¥2 46% — 4 8 10 (Un) American Co Northern 12 > 64% ■43% 5 Inc Co Jan 30 ¥2 __23% is«%, 1,500 2% July 94 8 ¥4 14 (Alan B) de Nemours (Un) Lines 33% Mar 300 22 10 Nav Manufacturing Kodak Jan 3% 35¥B 68% 10 : Class A Eddy 19% 500 35% (Un) Northern Pacific Ry Olin-Mathieson •, Mont Laboratories Inc Eastman 1,700 7 79% Company Air 24 Vb 21 Co & Cleveland Eastern 23 ¥4 64% * 25 of America Motors Du Pont (E I) * 79 Dow Chemical Co__ Du Oct 7 1 Packing Co Curtis-Wright Corp (Un)—; & 45 20 ¥4 (Un) Cudahy Detroit 27% July Jan 79 Co common Deere Jan 38 % 22- 5 Power Continental 23 % 100 20 ¥4 Commonwealth Edison common Consumers 500 1G8% Inc Columbia Gas System Container Corp 400 10 Coleman Co Inc North 2 45 l 100 Cl^feland Cliff's Iron common 4% % preferred 2 ¥2 Mar July 1% July 35% 25 64% Feb 29% 1 * ♦—1 10 (Un) 4¥b Aug 3 1,100 Co RR North American Car Corp 27 2 1 Sep 700 4% 28 28 5 10 North American Aviation Oct 23 45 __ 17 16 ¥4 6 5 Mfg & Central York 26 ¥4 < * Service Co Cities 3% 3¥a 3% common Chrysler Corp 23 20 ¥2 23 ~8% Aug 22¥b Aug 863/4 8 1 Prod Co 2,200 * Jan Jan 43 2.50 50c National Cylinder Gas 18% iff $3 convertible preferred 39 18 ¥2 11 July 14% 21% 22 Chicago So Shore & So Bend RR—12.50 Jan 600 150 4 * Company 26 ¥4 Chicago Corp common 32 ¥s 22 34 38 ¥2 -3 14% 25 1 100 37 19 * Inc ¥2 (Un) Chesapeake & Ohio May 11 ¥4 25 Montgomery Ward & Co Oct 22% _ Jun 42 22 10 $3.50 pref Co Apr 102 1% May 500 2 Aug 18% '23% 6 Jaa 18 ¥2 * 54% Apr 54% Minneapolis Brewing Co Min, & Mfg 15 ¥1 Jan 1% Sep 2 4 ¥4 Feb 900 54% 54% Jan 3 102 22% 23% 10 Jan 20¥« —X 21 200 ..1 common 4 ¥2 700 1 Miller & Hart Inc common 750 5 400 1% Mar 1% Mar 2,500 —* Co Central Illinois Public Service Light 5 25% A 26% Central & South West Corp Central 34 Vb July 18% 18 ¥2 Rights 4% * 1 ___50c Corp of America Jan 7 ¥2 4 1 * South Utilities Middle National Celanese 29% 11% 11% • Metropolitan Brick Inc Mickelberry's Food Products 10 ¥4 July Jan (Un)„— Co Cement 1 Carr-Consolidated Biscuit 32 200 2% • 1 Co Field & Martin Jan 25 Canadian Pacific (Un) 13¥b Aug 43/, 4¥2 1 1 28 15 common 24 Jan u Co 91% 1 5 12.59 Burroughs Corp (Un) Butler 46% 1,300 class B C) & (Henry 4% 20c (Un) Burlington Mills Corp burton-Dixie Jan 10 ¥2 16 ¥4 • 27% * J) Gear Works Foote 13% : : 5 Borg-Warner Corp Brach Sep 900 1,400 86 ¥a __7 1 * 10 preferred 90% 28 10 5 July 22 ¥4 123/4 213/4 * 5 1 * Corp 79 ¥a July 42 ¥2 37 22 25 30 ¥b 10 Corp Berghoff Brewing Corp Bethlehem Steel Corp (Un) Booth Fisheries Corp Borg 1% 1% 50c Bearings Inc Belden Manufacturing Co Jan Jan 25% 25% —10 Co common Lonergan Mfg •' 8% Jan 600 63 58 59 * Co Co Lytton's May 36 *' Baldwin-Lima-Hamilton (Un) & 7% Sep 3 Co 56 ¥» 38 Va Jan 115% 115% Sessions & Rights Jan 200 7% ; 100 100 4% 4 Lion Oil Co Sep 12 % 25% 34% 115% 11% 12% 25 ye 3 Washer Automatic 61% —10 27 ¥4 May 800 78% 41 ¥2 31% 5 (Un) Co Lindsay Chemical Co new com Jan 41% common 2nd 65 ¥a 53 61% Jan 21% 33 ¥3 c Libby McNeil & Llbby Lincoln Printing Co common.., July 175 Feb 55 V* July 41% 50 Refining common & convertible $1.50 156% 900 Co Machine Co Landis 20 ¥s Aug 1 * 50 4 10 Mining (Un) Steel Corp (Un)__ Anaconda Copper Armour & Co 2,000 1,100 19% Aug 33 ¥4 Aug 37¥2 Aug 12% 213/4 1 ♦ 1 Extension- University Salle Lamson Jail 5 American Tobacco Armco 19% 171% 172% 19% 172% 31 78% * (Un)—8.75 Co Laclede Gas Leath 18 ¥b 10% Aug 13% Jan 28¥b 2,900 373/8 36% 9% Apr 44 ¥b Jun 41% * 10 (Un) Corp Copper Monarch Knapp Kropp 28 ¥4 July 1,800 Apr 200 44 9 ¥4 * Katz Drug Co July 27 ¥2 Light Co & Power Kennecott 53 ¥4 July 27 VB 7 Foundry & 20% 42 1 (111) Co 19 ¥4 7 00 49% 12.50 Co Can American Kansas Sep 15 ¥s Light Kansas City Power & Feb 4% 25% 42 1 Paramount Theatres American 6% July 400 Broadcasting American Aug 44 3.50 Laughlin Steel (Un) Jones <fc 34% July 1,400 15 14% 14% :v Sep 4% Sep 300 29 46 5% * (Un)__ , Johnson Stephens & Shinkle Shoe Feb 13 ¥2 Jan 3% 29 10 7% Mar Co Power Iowa Illinois Gas & Electric— 25 ¥s July Sep 7% Interstate Sep Jan 123/4 Sep 29 Apr 13 ¥2 International Tel & Tel Apr 23 ¥2 Aug 18% May 6% ~3% • —-20 1 Allis Chalmers Mfg 700 12% 12 ¥4 — — 1 Alleghany Corp (Un) Allied Laboratories 25 25 7% 50c Manufacturing Brass Akron 1,600 20 24 ¥2 ¥4 23 20 24 48% 42% July 20% Jan 300 45% 40 24 .___——* Co Feb 12 ¥2 3 Shoe 2% 173/4 Brick Co International High Low 22% 22% Range Slnee Jan. 1 High Low Abbott Laboratories Sales Week's Friday STOCKS only Sep 1% July 61 2 10 Illinois Central RR .——100 Indiana Steel Products Co 1 Interlake Steamship Co —* International Harvester * International Mineral & Chemical 5 International Paper (Un) 7.50 Exchange 18 ¥2 22 ¥2 —25 Huttig Sash & Door common—_—10 Illinois •• Feb 13 ¥4 12% Bartlett Spencer Jan 9 ¥2 May 23 ¥4 25 Heln Werner Corp Hibbard 40¥b Aug 14% 1 Hammond Organ Co 1 Harnischfeger Corp ——————..,-^—10 Heileman (G) Brewing Co 1 Sep Jan 82% Hallicrafters Co Jan 71% Mar 4c 69% Sep 30 14% 25% Mar 64% Aug Jan 400 40 46% 82 __ 3 Gulf Oil Corp 21% High Low 700 68 ¥4 39 ¥4 1 ♦ • Great Lakes Towing common Jun __l. Bange Slnee J»n.l High 1 Co (W H) Gossard Co.— 14c 447/a 5c 5c a71% a71% __ a71% • (Un) Zenith Radio Corp Bros 50% 22% 22% 52% 55% __ Goldblatt 36% May 29,932 262 10% 44% — Glidden Co Sep 8% 119 125 24c 10 % 18c 22c 10 (Un) Corp Zenda — — 10c • Williston Basin Oil Exploration Sep Shares 66 ¥2 67% • 37% 27% 72 a33 a33% al2al2% 56 56 73% 73 /» — al2 (Un)„——_12% Westinghouse Elec Woolworth — 45% Goodyear 260 new Jan 23% 380 48 45% Bakers of Amer Corp Sep 37 ——* (Un> * Kamp's de Vanadium Aug Jan for Week Low 1 * 8 * Co (Un) (The) Gillette 17 13% Virginia-Carolina Chemical (Up)——* Van Par High Low Low Par Sales Range of Prices Sale Price Range Since Jan. 1 Shares of Prices High Sale Price STOCKS for Week Range Week's Last STOCK3 Last' Angeles Stock Exchange (Cont.) 33 ¥2 32% 33 ¥2 300 20% Mar 33 ¥2 23 ¥4 May 27 ¥2 Sep 15% Apr 22 ¥4 Jan 14 ¥4 Jun 17% Sep 19 ¥4 19% 200 17 17% 300 27 17 1 _ 27 ¥2 400 50c 1 * 74 5 1% Apr 75 ¥4 Sep 56 y4 56 ¥4 Oct 25% ' 48% Sep 56 56 ¥. 200 57 ¥b Mar 43 ¥2 July 25 ¥2 700 16 ¥s Jan 46 Vb __ 1 • ¥4 Aug 100 25 ¥4 " * 7.50 15 1 46% 500 32 ¥2 Jan 48 ¥2 48% 500 35% Jan 25 ¥2 25% 200 24 75 ¥4 600 Oct , July ; _ .. 47 ¥b Sep 49 ¥4 Sep 28 Jun Number 5365.... The Commercial and Financial Chronicle_ Volume 180 OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED OCTOBER 1 ■ Friday Week'a Last STOCKS Range Southern Pacific Inc common Oil — 36% High Jan Jan 46 400 26% 100 85 18% July 47% Aug 26% Sep 28% Aug 85 Sep 85 Sen 10% 300 6% Mar 11 IV2 1% 900 1 2% Aug 77 Va Sep May 53 Jan 68% Jan 95% Sep 72% Jan 100 7/a Sep Reymer & 41% 7% 42% 1,000 8 1,500 Jan 42 Va Sep Rockwell 10% Feb San Feb 22% Sep United 9% Jan 12 July 20 17 V4 Jun 22% 300 19% 11 300 20 .v. 20% 200 18% 19V2 2,100 12 % Sunbeam 13% 1,600 40% 40% 700 29 * Corp 29% 21 Aug 14% May 11% Sep 22 V4 13% 40% Edison Trane Co 17% Jan 21% 14% 1,100 12% Jan 15 15,500 36% Jan 75% Sep Lines 1 Walgreen Co Union 49% 51% 600 38% Jan 27% 28 300 5% 6 520 21% May 4% Jan 75 32 <* 57% 72 72 Theatres American Co 32 Jan 39% July Jan 57 15 100 Sep Mar 8 10 24% Jun Apr Factors Ltd 100 271/a Feb 36% July 13% Jan 14'/a Jan 28% May 20 Va 20% 1,000 19 Jan 33% Aug 21% Aug 44V2 44% 1,500 40% Apr 45% Aug 9 9 200 15 July 19% 8% Apr 56% 400 38% Oct 72 100 65 J/4 11 Jan 72 May Week'e Friday Last STOCKS Jan 64% Aug 74% Aug Range Par Low * Co Tel & Atlantic City Electric Co Atchison Co Atlas $2.50 Jan 58 tUn) Jan *37% July 8% Jan 10% July 4% Feb 7% Jan 37 Vs 6% 73/a 2,115 -■ 36% 100 25% 13 13% 961 11% Mar 68% 65 70% 3,700 — 25 Chrysler Corp Publishing 36% 13 preferred non-cum 1 Co Delaware Power & Light common. -13% 10 Duquesne Light Co Electric Storage Battery 7% __ 8 725 31% 32% 87 34% 33% 34% 1,144 28 * 25% 28% 967 56 Feb 6% 27% 28 Va Apr Apf Jan 23 May Sep Sep 14% Aug 70% Sep 9 ' ■ • Aug 33% Aug 35% Sep 28% Airplane Boeing Borden Co common.. (Julius) 4 % Vo 5%% 50c preferred preferred ,25 convertible convertible General Motors common Co vtc Coal Martin Pennsylvania Pennsylvania 7 Jan 23 Sep 3,432 58% Jan 95 Sep Canada 250 13% Jan 18 July Corp — series Power July Service Public $1.40 div El Gas & preference Canadian Canadian Pacific 16% Jan 32% Aug Central 17% Jun 21% Feb Sep 15% 16% 17% 3,009 15% Mar Riggs National Paper Bank Co Scranton-Sprlng Sun _ Brook Co Oil _ common new 1,082 38 Feb Chrysler Mar 35% May 50 July Cities Service Co 48 47 Va Aug 32 Vs Jan 39% May Colorado 25% 25% 63 23% Jan 28% July Columbia 21 V* 21% 30 20% July 7% $4.50 convertible Washington Westmoreland Coal 78% Sep Sep Commercial Jan 10% Sep Commonwealth Class 28% 37% July Consolidated 16% Jan 19% July Consolidated Jan 45 Mar Consolidated 42% Jan 45 Mar Consolidated 699 25% Jan 29 % Aug Continental Motors 25% Jan 31 Sep Continental Oil — ' —.20 _ 8ep 78 Va 80 % 456 68% Jan 4% Jan Sep 50 V* 18 80% Products 5% July 5% 5 584 33 Va Jan 38% Aug 630 30% Jan 35 Vs Aug 119 119 50 107% Jan 56 50 42 12 25 12 Sep Class Sep $3 A, ,1975 — 83% 83% $1,000 80% May 84% Feb Pittsburgh Stock Exchange Friday STOCKS Week's Last , Range Sale Price of Prices Par Allegheny Ludlum Steel Eiaw-Knox Low * * Co System Duquesne Brewing Duquesne Light Equitable Gas Co Fort Pitt preferred Dow Oil Steel * '. 5 * : Corp Brewing 8.50 10 1 33% 35% 22% 22% 15% . 6 337/8 __ 20% 6 El Lab Co Air Oil High Natural Paso Inc Aug Food 23% 110 17% Jan 25 337 12% Jan 15% Aug Sep General Dynamics Corp 15% 6 300 Jan General Foods 33% 34% 299 28% Jan 35% Sep General Motors 26% 27% 125 22% Jan 27% Sep General Paint 20% 20% 124 4% 4% 84 5% July 12% May 3 % July 7% 22% July 4% Jan 2nd 31 % 409 35% 524 26 Va May 33% Mar Oct Oct Aug 36% Aug 39 % Aug 10 10% Mar 12% Sep a40% a403A 105 37% May 45% Jan 69% 3,638 56% Feb 69% Sep 338 81% Jan 42 Jan 65% a 102% al09 Va 50% 51V* 1,220 18% 18 % 185 15% Mar a70 a72 % 129 44 a70 % 104 Vb May 51% 19 Jan 66% Sep Sep Aug a72 117 48 Va Apr 50 15% 1,357 12% Jan 15% Sep 19 19 100 15 Va May 21% Aug 43% 806 37 Jan 44 % Aug 104 108 % , , 930 59 Jan 110 Aug 7% Feb 12% 41 % Jan 46% July Mar 66% Aug — — 12% Apr a a74% a74% ... 10 Va 10% 450 "71V* 71'A 119 a80% a82% 122 a81% 104% 7% 8% — — 93 1,217 20 7% 12% 13 16% 76 % Jan 35 Jan Jan 7 Apr 8 145 \Jan 14IV Apr Aug 8% Sep Aug 13% Aug 17% Aug Apr 17 Aug Jan 65 July 942 64 16 6% 2,969 1.90 41% 41% 305 36'A Feb 5% 5'A 300 4% Aug 41 Va 41% 771 al2% — 55% 104% May 13% 15'/a 6 Va a* 105 62 15 5% Aug Apr 78 % July 64 ■ 11 71V* May 101% 574 16% — 72% 74 55% 104% 104'A Feb Sep Mar 61 135 93 55% ! 56 7 33% Jan Feb 6% 45 Sep May 7% Mar 43% July Aug 6% 137 9% Jan 14% 598 105% Jan 147% Sep 28% 175 22 Va Apr 28% Sep 60% 60% 231 Jan 63 Jun 6 Va 7 700 8 Apr a25% a25% 60% * 5 al3 145% 147% 28% — 50 47 5 Ve 20 Jan Jan 25% Sep 38% 38% 320 35 Va Jan 41 Va Jun 55 2,276 41% Jan 55 Oct a3% a3% 80 Corp—10 3 5 47% 48 Va 475 (Un)_j— commjon. preferred 95c 51 % Corp common Preferred Conv « (Un)—, Corp Apr —* Chemical Corp 50c 55 55 * Petroleums Ltd 38 Co 13,249 145 —3 Co Jan Electric 84c 12% 10 lUni Co Co 28% General 22% a45% a46% 1 : 148 Machinery h Apr a 5 (Un)——, Gas 16% 105% 25 (Un) <Un» Share Capwell Emporium Federated & 1,492 al2% 10c (Un) Works Bond 22% 43% * * ♦ 1 (Un) A Kodak Co Dorado Jan 64% 15 1 common Lines El Range Since Jan. 1 : Calif class 17 Feb a46% 5 * 1 !— Electric Low High 33% Eastman for Week Shares Chemical Mont Jun May , 25 Mfg Co of 28 14 45% 51 % 25 pfd— Pont de Nemours & Co Eastern Sales 109 Va 5 (Un) Dominguez Oil Fields 5s series a Corp class A com,—5 common ——1 5 Doernbecher du Follansbee B Jan 70 68% Di Giorgio Fruit Aug 56 21% 156 Sep May 6ia« Mar 35% 1 (Un) (Un) Corp 14 Va al2Va al2 Va ' * Refining (Un) Nat'l Bank Curtiss-Wright Aug 3,'V Aug 70c — (Un)_15 Corp 37% 33 * (Un) Publishing Co Jan 20% 19 Corp common Douglas Co Co Zellerbach Curtis 26% Aug / Aug 12% - 829 25 22 5 Zellerbach Sep 175 - Mar 4 Jan 22 J/8 1,259 }& July 1,407 a72 A 3 14% 14% Mar 75 : 64% a72 % (Un) Crown Du Columbia G«s First Crocker Gas Del Co class 4 26% 35% A—2% cl Crown BONDS Baltimore Transit Aug July 62'A 84c (Un)__« -100 Sep 35 119 % 24 Sep Sep 31% * 1 1 25 Aug 37 Va May 8% May 22 Va Jan 18 Aug al4% al4% -M.— 25 Indus Natural 276 Mar 5% Chem 31 12 _ :::io 25 Edison 28% 15% Mar Jan 17% 12% 4% * * Edison of N Y 48 16% 6 12% 2 Coppermines 42% 365 264 • Sep Oct 14% 13 Va Feb 31 % (Un) 100 13 105 Jan 11% 30 30% 5 _1% (Un) '2,339 115 4 Vb Jan 9% 606 —2% System Solvents 5% 4,559 22% 22% a22% 79 Jan 11% Mar 360 — Gas 728 56 ' * : B 202 50% 40 a 22% a * System 10% 17% 16% al6% __ 3% 34 Va 406 105 23 Iron,—— Broadcast 8% 47% 13% 3% (Un) & 21 % 34% -/ 37% • preferred Loan & Trust Fuel Jan 17 Va 100 863 13% al6% 2.05 55 105 13% 19% 25 10 33 406 a68 105 3% Clorox Chemical Co, 4,566 — a68 13% 105 19% Corp 45% 49% 13% Light common,, 5% May 70% Aug 22% America,— 10 1 _ _ Gas 68% Aug 3% July 58% Mar 6 Corp 38% Serv__* ; of Corp Eureka Columbia « i 40% May 634 —1 (Un)— Ry 7% • United Corp United Gas Improvement Washington w Water Aug —5.50 —: (Un) Co 44% 420 12 592 5 10 Vought Aircraft, Chesapeake & Ohio Rv (Un)! Chicago Milw St Paul RR com Preferred (Un) Corn Scott & 37% - Jun 4% 2% (Un) Chance 45% Aug 100 Sep 10 62% 445 30% Aug 79% 60 19% 27% 86 Va Jan 4% 150 Celanese Jan 30% ^Jan 50% 4 % 28% 10 % Aug Jan — Sep 62 525 845 22% I) (J May 12% • 19% 10,692 5 —10 * Oil Co Ltd Atlantic 21% • common common.. Aug Mar 4 8 1,183 Jan 26 »/a 13 150 - 79% 12 % Feb 11% 80 28% Sep Jan 3% 9% 28 Va 9 11% 64% 35 Va 28% 10% Jun Aug 3% July 15% Feb Aug 5 1 15 Packing Corp— Dry Ginger Ale (Un)_, 25% 50 3 28 2% 11% 3% al4% Jan 10% July 110 12% 19 Va 175 Apr 19% Caterpillar Tractor Co common....__ 10 43 Sep Aug Jun 19% Case 18% 43c 8% 14% Sep 43 May 40% 3 195 Sep 237 50 preferred 3.60% series B preferred 36 19% Mar 100 4% 1,670 10 common. A Jan 6% Aug 400 25 Vb ' 3.60% Sep July Jan 9 15 15% 33% 4% 21 Jun 4 11% a Feb 11% 78% Sep Sep 112 Va Apr 29% Mar 9 Jun 1,317 28% 25c 21 3% 8 3 t. a90 % a91% 54 2 1 (Un)— (Un) .a 45% 3 2.75 10% May 45% 20 preferred 2.75 a90 % Jan ___ Aug 24% - 80 83 * 56 12% July 8% Mar 95% a_, 100 11% Jan Jan 34% July 23% Aug 42 % Sep 9% Mar 346 26% 21 Va 44 Va * t: a3% 5 Co— 45% _» Common 43% 16 1 Co 38% * 34% 1 26% 40 16% common 624 a3% 100 46% 11% 26'% 19 * 455 a38% a38% __ 940 14% » 10 4 18% 54 10% 1 California 45% 50 270 34% 28% — 111 11 % 53% 9% ■ 1,749 24 % 11% 39 Apr Jan 53 24% 4 9% common— Philadelphia Insulated Wire Philadelphia Transportation Co— Electric 20% 25 Va 10 — Philadelphia Electric $1 div preference Potomac 50 13% * RR Participating 23 13% 1 „ 1 & Light com Salt Mfg Pennsylvania Water & Power Co Philco Ink 24 — ~ 16%c _ Power Cement California 95 10 ... Corp Calaveras Sep 17% 1 Merck & Co Inc Pennroad Sep 22 89% . (Glenn L) Pennsylvania 21% Apr 16% 10 — Navigation— & Mar 90% 15 Resistance Lehigh 18 18 16% * common (The) International 155 429 5 — , Watch Hamilton Hecht _ May 15% 29% 52% 52% 1,513 1 —! 21 % V 21% 5 Corp Brothers Gimbel 31 % 10 42 122 Byron Jackson Co— 23 25 .. 225 36% 19% al9% 41% Sep 173% Aug 65% Jan Sep 21% ' Jun a9% al0% Corp 21V* • V.„ Jan 55% . 61% 36% a — lc Corp Burroughs 156% 561 61% 20c Sullivan & 1,364 172 Ye 172% __ 100 (Un) Hill 40 Vs 865 Company Bunker Jan 6 Borg-Warner Corp (Un) Broadway-Hale Stores Inc__: Budd 29% 1 Co Oil Chlca 636 6 (Un)_< Mar 40% 6 —— 14% May 36 20 % Aug 600 Calif Sep Jan 39% 39% (Un)__13 Corp Jan 35% Mar 13% 40c (Un) Aug 18% Sep 881 36c (Uni_ Sep 49% July 53 19% 40c Corp Calamba Sugar Garfinckel — 20 Va Feb 19% 3 Bishop Oil Co__ Blair Holdings Corp Bolsa 1 > 10% 10 5 _—p2 - (Un) Jan 14% 600 . 40 Corp 19% 10%. a61% a.61% 109 Bethlehem Steel 29% 275 18% 10% — — 43 % Mar all8% all8% Bendix Aviation 493 10% 50% all5% al20% Aug 420 23% 35 Va 9% 18 ; 50% V 18 36% 525 a41% a42% —. 10% 175% July 25% July Jan 34% 9% 44 155% 35 13 Company Curtis 75 2,158 Co— Baltimore Transit Budd 56% 23 125 120 210 al9% a20% __ all8% (Un) Aircraft Beech Sep 66% Aug * Beckman Instrument Inc High 29% 72% Aug 15 % Sep all7% Co of 47% May 25% Aug Mar 11% May 15% Jan 5 — Co Co 22% Mar Santa Fe. (Un)__50 Ohio RR Oil Oil . 20 125 307 a29 Feb ♦ Petroleum Bankline 200 24% 1 High 43% July Jan (Un) (Un), Securities & Low 577 51 25 (Un) (Un) (Un) Corp 45% Range Since Jan. High 24% 25 Wedge Mfg Sales Shares 47 :—*—100 Co & Refining Corp Atok-Big Exchange for Week a28% 5 Co (111) Topeka Atlantic Basin Range Since Jan. 1 Low 23 ~~io - Baldwin Lima-Hamilton Common 56 171% • Arundel Corporation (Un) Copper Mining & Armour Jun 750 50 Anglo Calif National Bank— 20 Arkansas Fuel Oil Corp (Un) 5 Arkansas Louisiana tlas Corp (Un)—5 Armco Steel Corp 10 Anaconda Bandini High 171 % 172% __ —100 Tel 75 100 Tobacco Baltimore for Week Shares 27% Aug Jan 15 '/a Tel Baldwin Sales of Prices Sale Price Jan 50Vs 69% B—* class Atlantic Coast Line RR 53% 72 22% 14% American Co 100 __ jun Sep 15% July Jan a66% a67 % Smelting & Refining (Un)__* Corp 800 5 9c 974 44% __ 5 American Radiator & S S Viscose Jun 19% — 22% 69% American Woolen Sep 75 Jan 32% —10 5% July Jan July 12 of Prices 24% 10 20 (Un) Chem American 57% 50 J/4 250 Aug 5c Range 12% Corp & American 35% May 1,500 15 Aug 1,945 Low (Un)__l com (Un) Co 26% Mar 19% 19% Sep 7% . 1 (Un) Motors 39 Va 400 62% 28% Jan 5% Mar 177 Week'a 44% : (Un) Baldwin-Lima-Hamilton & 75 Jun 18% 15,500 Sep Jan * Cyanamid Potash Philadelphia-Baltimore Stock Exchange Stores 24 72 ,3 Inc Can American 10 Co Bdst-Para Amer Avco Tel 23 Va 72% 20 American American 32 % * Youngstown Sheet & Tube Radio Corp American 23% Limited Sep 10 — Zenith American 10 —12.50 Last (Un) Airlines Sep 29 % 100 25 57 % ■ — common—_ Machine 12% Mfg 6 400 . Yates-American 12% 32 Jun Apr Sep 1% 6% July 24% 290 9c 1 Co 28 4,600 8% 24% 21 8c American 8% 8% 10 Co W) (F 38i% 20% 12% —5 American 12% Public Service Woolworth 70 88% July 51% Sep 57 20% 5 Corp Reduction Air American Feb • Power Admiral Aluminium Jan 55% 275 3 Par Sep Sep 70% 38% 7% 201 5 Abbott Laboratories Feb 59' 56% 52 Vs 5 % Sale Price 28% 10 5% 147 28 % Friday Allis-Chaimers 400 __ 175 61% 7 STOCKS 18 Apr 5 Wisconsin Bankshares Corp Wisconsin 19% Mar 3 84% — 29% 1% July 26% Feb San Francisco Stock 23% July 67 V2 < Inc 13 —* Telegraph Electric 900 400 38 (Un) Stores Wieboldt Wisconsin 15% 27% 36% Aug ; Sep Apr 84% 1 (Un)_ Co Motor Jan Feb 15% 10 Western 2 15% 27% ' — 25% 67 % 10 (Del) Westinghouse Electric Corp White 200 27% 25 Iron Works Dorn 3,800 • U S Steel Corp common Van 1,700 2% 15% — 1 Inc Co Rubber 35% 2% 15% ' • California Corporation 34 Va 2% 15% ' _I (Un) 25 5% I0o Sep Aug 751/2 Carbon Corp— Air Axle Westinghouse Air Brake Westinghouse Electric Corp 80% Sep 70 Coal common United S Jan 14V2 2 United U 57% 14% Century-Fox Film 208 So La Salle St Corp Oil of 200 1,250 28 Va 28% Sep 71 ,5 & & Apr 21% 20th Union 51% 20% Corp Carbide 20 Va Feb 21% Co Corp Spring Engineering & Foundry Co 32% Aug Jan 41% * Corp Union Jan 16 V4 400 80% 2 Tri Continental Truax-Traer 15% 1,900 ... 78% Co Trav-ler Radio 1,350 19% 51% Jan Apr Sep 32 78% (The) Transamerica -- 23 Ve 20% 1,519 Sep Jan 117 400 27% 25 -1% 61 61 33% July 35% * Toy Mining, High Jan 31% July 5 Brofe 247/b 55 1% * Corp 293 28% 10 Bolt & 27% 25 1% 25 .Corp 33 Jan .,.25 Thor Power Tool Toledo 19% 49 Va 19% 25 (The) Co 29 1 (Un)— Company & Texas —5 Tool Machine Sundstrand Sunray Oil Corp Swift 13 Oil Low 31% 1 10 preferred Range Since Jan. 1 High 31 33 common__2.50 Glass Pittsburgh Screw 1% Aug 32% 21 % 10% —!— Corp Plate Plymouth 900 1 (Un) Pittsburgn 1,400 ' Stuapbaker Corp convertible 2,300 7% 10 Storkline Furniture Corp $2.50 Low 31% 10 : Supply Brewing Co 95% 1 Corp Studebaker-Packard Gas 77Va — Shares 1 Fuel 93% —5 Corp Container Stone Star 76% 1 Equipment Standard Railway Lone 99% 100% 10 (Ohio) Standard Oil Co for Week * Refractories Manufacturing Co Pittsburgh Aug ' Stewart-Warner Joy Walker 99% 15 Sales Range of Prices Far Harbison 76 Va 11—25 (Un) J 5 10% — * California of 15% Week's Last Sale Price Mountain 2 of Indiana Standard Oil N 1,000 85 100 — Standard Oil Low - 18 26% 26% Warrants Standard High 44% 1 Service Co_ preferred convertible Spiegel 11% STOCKS Range Since Jan. 1 Co— Sparks-Wittington 8% 17% • (Un) Co Public Southwestern Low 5 (Un) Shares Friday for Week of Prices Sale Price Per Southern Co Sales —* —5 a 44 a67 a68% 86 43% 44'/a .165 73 Va 67% 73 Va 120 3'/a July ; 38% Feb 46% May 4% Mar 48 % Sep 75 Aug Jun 48 V* Jun 58 Feb 76 % Aug 59 Va Jan 93% 39% Sep 90 90 93% 2,599 10'A 10 10% 870 9 Apr 17 17 100 15 Mar 17 Jun 17% 17'A 150 16 Aug 17 Va Apr 10% July Financial Chronicle The Commercial and 42 ... (13€2) Monday, October 4, 1P54 OUT-OF-TOWN MARKETS RANGE WEBK FOR 1 ENDED OCTOBER Friday (Coat.) Exck. Last stocks Sale Frice Public Gillette Co Goodrich Utilities (B F) Great • Ry Oil Co class A Hilton Homestake Power 460 12% 1.798 38% 150 a71 % a73% 96c 1.15 1.25 a53% a54% __ 14 Jan 3% Feb 49% Sep 14% 33 ,-1,119 28% 37% 56% Aug Sep Inc St Joseph Lead <Un)__ St Regis Paper Co (Un)_San Diego Gas & Elec com 78% 78% a80 24 21% 765 14 Jan 24 8% 300 8 Aug 10JA 76% 120 62% Mar a25% a26% 267 20% a __. 8% 8% 76% • a25% Jan Sep 37 39 703 39 2 . 2% Jan 40 Jan Mining Mauricio San 2% .Jan 47 1 % July 86% 86% 212 66 Jan 87% 2.50 45% 47 710 39% Jan 49 39 39 205 33% Jan 41 % 11% 11% 208 8% Apr 13 41% 822 26% Jan 44 18% 13% Jan 19 Paper Oil Shell Aug 500 Sep . 1 Corp • t -uy* - 19% July 22% 22 % Jan 26 % Aug 16 Jan 22% July 21 1 28% 21 20% .28 % 29 24% 25% 5 (Un) 5% 1,310 • 5% 17 Jan 32 Jan 26% Sep 4% July 5% Sep 28 % Sep 64% Sep 841 15 Jan 63 304 48% Jan 38% 39% 1,295 33% July 15 % May Jan 49 Sep 40% May .26 26% 548 26% Sep 33% 888 26 Jan 36% Aug 57 57% 514 52 July 58 ' Aug 33 % July 36% Sep 540 36% a8% 41 % .40 15U 150 5 9% 9% 1,281 45% 46% 1,186 a38 % a38 % 50 . 9% i 33 .33 ' . 16% % 6c 73% Sep 8% 10% July Jan i Sep') 47 Jan Mar 41 % Jun | Jan 33 Sep I 17 Stp ji' 14 % May % Sep 5c % Jan Sep , Sep Sep 20% .. 4 21 7c Mar 200 17% May 22 % Jan > 339 48% Sep 48% Sep > 59% Mar 75% Sep 5,000 19% 48 % 73% i 160 21% 200 6c 19% 48% Sep Sep Apr 33 35,820 : 21 9% 38% 930 % >• 20% ■ 43 131% 330 . 16% t Aug 36 , * Feb .'•• 4% 15 41% . 75% _. . 403 < ; 1,615 9 % Aug 13% Aug 3J0 47% Jun 57 25% 200 20% Jan 28% 47 857 32% Jan a48% a49% 322 35% Jan 48% Sep 45 1,731 38 Jan 45% Aug 1 28 433 25% Feb 28 Oct ■' a37% a37% 7 32% Jan 38 % A„g Jan 9% 10 25% 10 i 55% 25% i 57 . 46 * conv 28 % 36% A_i—_—2 pfd. Southern Calif Gas Co pfd ser Southern Calif Petroleum com 4.88% Aug 18% 910 1,005 15% ; a8% V . Sep - Apr I > ■P. a48% Socony-Vacuum Oil (Un) —15 Southern Calif Edison Co com iUn)__• Cumulative preferred 4.32% 25 Convertible preferred 4.48 %>—.s—25 Preferred 4.56% _—__' 25 Sep 80 • (Glenn) Jun 99 38% .Oct Jan ■; 7.50 Co Oil & Gas Co class Sinclair Oil Corp (Un) Signal May a26 a26% 5 Marchant Calculators Sep a22% a22% a22% 1 —* Jan 8% 38 % ■' 33% Sep 40% 10 32 % 257 ; 57 P. 10 1.40 ;—* * 2.50 : (Un) Co new com—. Sears Roebuck & Co ' Shasta Water Co new (Un) Scott 58% Aug Aug 26% 30 585 a58% a58% 232 14% 20 ___ 76%, Sep •^27% Aug Jan Jan ;---— preferred 4.40% Apr • (Un) ; Rights /"Sep Schenley Industries 1 com__ Stores Safeway ' 21%\^.21% 26% 26% 10 5 .—10 5 10 and W Fine Foods Inc S 49% Feb 1-7% Sep 33 % Jan 348 230 100 6 Jun a__ ___ 49 % BIdg Co pfd - 48% 63 Bros Russ 1.90 Jan a__ Roos 25 Jan 1.00 48 38% 25% 39% 41% 75% May Jan 57 33% 34% July Rheem Sep 1.10 May May 2.50 92 Jan 27% Oil & Gas Co——-— 1 Manufacturing Co —— 1 Richfield Oil Corp -* Riverside Cement Co class A <Un)__25 RKO Theatres Corp (Un) _1 Aug Jun 23% 14% Reserve 39 High 82 984 38% \ 10 (Un) Reynolds Tobacco class B (Un) Low 61 33% 33% ;-»Oc Remington Rand Sep 39% Mar 43 1 Navigation Co Jan 49% (Un)„_——10 (Un) Co (Un) —(Un) Mfg Raytheon Range Since Jan. 1 High 85% V — --- Shares .85 common———•— Inc Preferred 26% May May 90c , 9,900 7 Co Aug 32 Jan 11% 58 a23% a23% 1.20 1 (Un)—* com • 18% Mar 90 Lockheed Matson 25 25% 12% 38% Libby McNeill & Libby Martin Jun 20% 545 Chem Corp H) 802 480 Leslie Salt Co Magnavox Co Macy & Co (R 31% 1,500 Corp... Aircraft 11% 25% 50 Inc 29% July 1G5 3 (Un) Kennecott Copper Corp Kern County Land Loew's 920 12% 32% (Un) Steel & a 96c Preferred Motors Feb 25% 33'/ac Kaiser Aluminum Kaiser 14 31% 30% _»—• Tel Corp 33 Sep July (Uf»—• Co Laughlin Sep 78% 46% (Un) (Can) International Paper Co & 104% al2% • Harvester Johns-Manville Jan 59% Mar 82 29 .20 International Nickel Co Jones 79% a82 2.60 Co & 110 ? _~6% Idaho Tel 70 46% : Maryland Mines Corp Oil Jan 1 Idaho International 46% 12% Honolulu Oil Corp Hunt Foods Inc International 75 5 (Un) Rayonier 34% 1 Mining Co Ltd pfd.__.100 (Un) ♦ Jan • Holly Development Co Holly Oil Co (Un) Sep Ry Equipt & Realty Co Radio Corp of America 28% for Week Low Par Republic Steel Corp 25 Pineapple Co Ltd Corp Hotels Intex — V V 112 1 Preferred Hawaiian •' High Low 34 a81% 31 3 Northern Greyhound Corp Hancock a81% (Un)__10 com Range Since Jan. 1 104% 104% 10 (Un) Co Shares a67% a67% i Goodyear Tire & Rubber Sale Price High 34 <Un)_——5 ; - of Prices Low Range of Prices Last stocks for Week Range Par General Sales Week's Sales Week's Friday Sir Francisco Stock .44 .44 28 27% . . • j 40% —25 A^—25 2 40% 100 32% 40% Sep i 27% ; 27% 200 27% May 28 Feb j .25 32% Jan 36%-Sep 1 ' 36 l i 1 36 Feb 36 .. . 10% 300 8% Jan 14% Mar I al8 188 15% Jan 187/a July { 46% 10% 2,129 Jan 41% Aug ' McBryde Sugar Co (Un) 40 169 5 5% 1,100 ___162/3 19% 19% 722 10 31% 31% 237 % 11,283 P 10 3c 4c 12,500 2c 54c McKesson & Robbins Inc (Un) Menasco Mfg Merck Co & Middle South 40 18 5% 1 Co Inc (Un) Utilities Inc Rights Mindanao M J & 50 Mother Lode & M M Cons Montana-Dakota Montana (Un) Ward Co & Railway *2 SeP 5c Jan Co Sperry Auto 9,190 1.05 20% Jan 25 % Sep 25 32% Jan Jan 79% Aug 22% 244 Distillers National Gypsum Inc 22% July 56% 22% 40 Sep 15% 16 350 21% 700 17 35 35 232 20% Jan 7 7 262 4% Jan (Un) —5 ' Natomas N Y Central RR Standard July North Amer Northern Invest Pacific 19% • Power Aviation 5%% Sep 37 Occidental Oceanic Co Oil Sugar Jan 26 27% Jan 32% Aug Sunray 425 20%' Jan 49 Sep Super 21 % Aug Swift & Co 62 Mar Sylvania Electric Products.^ 21% 82 56'A 225 54 44 % 150 17% 14% 174 13% May 18% Jan July Feb Co 18c 12c (Un) 12c 14c 3% 3% a43% 12 — a43% a44 4% 4% 100 3 % Jan a48 % a48% 62 44% Sep 45 25% 250 31% Jan 33 20 (Un) Mathieson United 16% Chemical Filters Corp. class — 5 _ '■ —■ ' * A 25 — 1,000 Jan 12c 1,100 3% 38% Mar 4% Aug Jan 78 Feb Jan Tide Transamerlca Sep Union Carbide & Carbon Sep Union Electric Sep Union Can Pacific Clay Co Pacific Coast Aggregates Finance Corp (Un) Pacific Gas & Electric 6% 1st 5% red 5% red series A 4.50% Oil Pacific & _ . 499 5% Jan 8 % Aug 29% Jun 33 % Aug U 39% Jan 45% U 25 37% 37% 37% 666 33% Jan Aug 37% Sep 28% 28% 615 27 Jun 108 27% Jun 26% 26% 26% 200 26% Aug • 36 35% 36% 3,190 33% Mar 68c 7,800 60c a28% a28% 25 33 %c . Packard Motor Palmer Pan Oil Co Stendel American ..100 Corp (Un) Cola Phelps ^ 65c — __ 10 489 130% 130% 105 9% ' 4,36 4% 34% Co Dodge • 1,290 (Un) .50 17 17'A 14 42% . (Un). Philippine Inc 4}g Aug 37% Mar 2% 4% Sep Jun __ 33c Aug Jan 15% Sep 500 15"% Mar 18 % Feb 14% 330 14 Jan 16% Mar 43 380 31% Jan 44 % 6% 1,771 Jan 64% 435 6% Sep 66% May 21c 9 % 3% 58 July 2% 100 Sep 4 Apr 190 40 a39 % a39% 40 32 Jan 41 Aug * ; Washington Weill & j Jan 74% 25% 5.933 18% July 2 5'A 34% 34% 35% 2,478 25% Feb 37 22% 22 % 324 15% Jan 23% Aug 83% 83% 83% 635 71% Mar 88% July a26% a26% 33 24 Apr 39 Jan ?. Life West 51% 1,491 51% Sep 64 64 355 46% Jan 66V2 Aug 426 21 '/a May 28% Sep 14 Aug Apr Indies 10 5 a32% a37% a39 147 29% Jan 55% 57 1,440 39% Jan 57 2.50 2.50 2.65 800 2.50 Sep 2.85 Feb 2,956 9% Jan 11% Sugar Feb 10% .1 3 Inc Pacific Western a 115 80 50 60 380 380 390 56 294 1 80c 68c 80c 15,778 -7% 6 % 7% 8,278 44 44 50 19 19 (Un) —1 _5 . 1 Jan Mar Jun Jan 34c 3% Jan 27 Jan a56% a57% 95 41% Jan 57 Sep Yellow Cab Co Sep 33% Sep 80 Oct 398 Sep 80c 7% 44 Sep Oct Sep Jun 20% Aug 9 Jan 12 % Sep 9% Jan 11 Jun 53 Apr 60 108 S*D 108 18% 100 75 11 1,900 a57% a60% 55 al05%al05% 6 74 74 540 50% Mar 74% 44% 44% 525 46 45% Aug 1 6% 6% 100 25 21 21 20 1 com___* 12 % (Un) Corp 10% 11 25c Co 44% (Un) ____________10 common Preferred — t 40% Aug all% al2% iUn)__. Stores Railroad Elec W) (F 26% 33 % 80 —1___ —100 Woolworth 34% May 30 33 % 80 100 Preferred Westinghouse 11% a38% a38% 38% 6 100 common... Lines Department ,. 38% July 56 5 Insurance (Un)_, Air ; 32% May Power Western 26% July 49% 49% Jan Corp Western t 11 (Un) Coast \ Oct 27% Bank & U T West Aug July 199 (Un) Petroleum common Westates 58% 145 270 (Ri Co Wells Fargo ■ July 13% Co. Water 'i Sep 27%- . Petroleum Jan 40 1 Apr 14% Mar 50% a32 a32% (Un) Co com Equipment Wiarren 20 % Jun 31% 720 38% Jan 11% July 43'/a May Jan * (Un)_l___ Victor Preferred Jan 7.50 Puget Sound Pulp & Timber P'^'man 6 • . Aug 6 43 —P 10 Long Dist Tel Co Phillips Petroleum Co Pig'n Whistle conv prior pfd__ 12 % Mar 140 Jan 64% 26c 12 '/2 . 2% - Jan Sep 4 9,634 15% (Un) 1.15 Aug & July 27% July 2,095 26c 15% — Airways (Un) Corp 2% 25c 1 __10c _ 6% 100 28% July 16% 1,039 a50 25% 27% Aug 38 July 114% 29,351 34% 4 — 33 %c Oil. World Pennsylvania RR Co Pepsi i 9% 1 — __ 19% 13% Sep 13% common Utah-Idaho Sugar Sep 1,710 27% (Un) Corp 13 % 13% 28% July Rubber Jan 11% ; :. July ..2% United Gas Corp common 140 4,462 Steel 44 23 * 7% 44% S Apr 14% May ___10 31% S 37'/a 720 a78% a80% 5 Co.. 7% — 325 } Jan 19% 10 Inc Glass & 4,4% -f. Western Can 31% Rights Pacific Air United 7% —25 Ltd. common. United Sep 44% common- Development Petroleums Pacific Tel & Tel 15% . 31% __ ... preferred Gas Sep Lines May 22 Jan 15% 5 ._ Corp 14% 100 (Un) (Un) 10 _ — 1st 12 15% 157/a ' pfd Lighting Pacific _ preferred red Pacific ' Sep 91% 19% 37% Sep 18'A Jan 25% Oil Co of California common__25 Aircraft Corp 100% Sep * , Mo ...25 — __ ... common '■ 10 - __ Pacific a22 % a22% .5 _ Products.. of Co Jan 18% 91 '-.10 42% Aug 4% Sep 2 1 :. (Un) 44% United Pacific Corp Tri-Continental Corp Sep 95% 72% 20 . a50 10 Oil Associated 77% Jtily 668 19% 91% 13% 25 <Un)__ Company Water Jan 76% 345 12% 50% Aug Feb 52% 7,042 95% 18% 37% f Sep 36% 42% 7.50 Aug Aug 77% 91% 25 (Un) 81 11 36 a i 36% 28% 100% 100% 19% (Un) Oil Corp Jan Aug Jan 6% Mar 295 656 al9% 91% 13 Mold Corp 46% 10% 95% 1 5 18% 605 % 14% Corp 248 ; July 29 75 . 75% 10 19% 44% — . 59 Va Aug 10% 15 Packard Studebaker 46 3% Co pfd (Un) (Un) 31% 56% —20 (UnU) Co Edison Olaa Oliver Studebaker Corp 19 21% 56% I Ltd Petroleum Ohio Olin Sterling Drug Inc Texas Sugar Jan 26 % 8% July i Oahu Litho Stecher-Traung ' Aug 31% . —— (Un)___ Northrop Aircraft Inc 21% May 800 v-. 31% /• —25 pfd Railway r 1 (Un)__ 40% 189 a76 a77% a76% 5 <Uni____100 5 1 (Un) 45% * (Un) Mohawk American —— • Company Niagara North __1 50 27 % a 27% ^__25 (Indiana) Oil Co of N J (Un) 36% . 56% a56% • 1 Co Oil Standard 19% Aug 13% May 21 ■ 1 Products (Un) 44% 45% 38% July 165 Inc common Standard Brands Inc (Un)— Standard Oil Co of California Jan 42 —____10 Fibres National — Spiegel 17% a 5 * * 1 1 —2 Corp Sep Aug Stanley Warner Corp National (Un)_ Southwestern Public Service. 32% July Jan h Pacific Co Southern a70% a72 % a70% * (Un)__ 27 Southern Feb 70c a37 • Morrison-Knudsen Co 21% a37 65c 5 Co 6 Jan Jun 1 Aug 41% July Apr 2% Co a23% a23% 10c (Un) Utilities Power Montgomery Mines 39% 18 (Un) Southern 0 5 Apr 18% Apr 6% 21 Sep Sep Jun Sep Sep CANADIAN MARKETS RANGE FOR WEEK ENDED OCTOBER 1 Week's '•-Last STOCKS Exchange SjttTe Price Par C»n-.idian Funds Friday stocks Last.. _ Abltibi 4 Power %% & Paper preferred. Acadia-Atlantic Sugar 4,385 16% Jan 25'A 25% 1,035 25 Aug a8% 'a8% 150 a22% a22% 150 25% .. a8% __ Steel 24 5%% on all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. Bathurst W. C. Pitfield & 30 Broad Street Co., Inc. Tel: HAnover 2-9250 see nave 47 Power Bell & J • . American 5 'h __ $5'" 30 *i.r __ 26 Va 1.905 107 107% 53 Feb Feb 48 % May 72 26% 108 Aug Sep Apr . & 48% Jan 54 Aug Feb 101 Aug 3,010 24% May 29 % 30% Jan 31 aS7% a98 46 90 Jun 97% Sep 13 13 240 10% Feb 16% Feo 40% Jan 60 19 Jan 35 Sep 39% Jan 45 Aug 56% 57 512 33 998 44% Mills Ltd class ^'"44% 44% |;'.J7% 7% 7% 9% Apr f-: 19% 19% 19% 275 Feb 19% Aug * i". 27% 27 28 5,233 20% Jan 28 Sep 103 Aug Dredging 8,205 6% 16 Jan 103 103 55 92% Jan 53 53% 190 48% Jan 8 7% 8 2.080 5% Jan ^>"24% 24 % 25 6.881 V % 'in 25% Sep 42 42 43 220 35% Jan 43 % Aug a4.25 a4.25 10 nb 5 00 Jan 42% 43 V2 240 35% Jan 6.60 6.60 2C0 5.60 Jun f-y " — £53 * B _* Products Gold Sep * Telephone Bruck 6,443 - 25 Power Columbia AUg jan 82% 32% Products—. Columbia Aug 19% 1-74 115 '/ 56% 100 British 48 925 100 -X" 33 C R pfd__100 preferred British Jan 255 18 100 » " '"immnn British Columbia Forest 39% 47% 17% * Power Note Co Oi1 - V- NEW YORK 23% 230 47% J-n 104 150 53 46 . * ,_25 Light British Col Elec Co 4%% Teletype: NYl-1979 3,708 • Paper Class A : Bank British 18 ♦ Traction Amer *.47% |l — Telephone. Brazilian British Bulolo footnotes common.- Teleg class A & Class B Building For Corp Tel Steels Ltd Atlas Orders handled __ ___50 * 100 * * 4%%- pfd preferred 4%% Assoc Canadian Stock 50 67% 39% Mar 330 26 65 43 65 C:' Range Since Jan. 1 Low High High 42% *107'A " 100 Argus Corp Ltd com Est quotations f preferred__25 Shares Si- Anglo Can Tel Co 22% Aug Feb 4% preferred... Anglo Can Pulp & Paper pfd Asbestos on all Canadian securities. * of Can Co 2nd 25% Aug 8% Aug 6% Mar 17% Aug Aluminum for Week of Prices Low p £'42% * Ltd.. Aluminium Range Since Jan. 1 Low High 23% • • Shares 23% 25 common... of Prices High •- Glass A for Week Low ; 23% • common Algoma Range Sale Price Par Sales Week's Sales Range Frid.y Montreal Stock , 5 __ * 42% i 1 53% 8 46 7.25 Jun Sep July Feb ; ■ Number 5365..The Commercial and Financial Chronicle Volume 180 {1363) CANADIAN MARKETS 7 vJ % RANGE Friday % \ •' V Last '■ '-"'.r 1 ' ' ■' '•"* ' ' Canada Cement of Prices '1 119 119 303/4 30 % Iron Canada Northern B_— Power preferred 5% Canadian al4 100 Canners Canadian : '<■ i Car & Foundry Class A— Canadian 19% Jan' 24% Aug 1% Feb 14'% Ontario -25 100% Sep Sep 24 19% Canadian Chemical & Cellulose Converters * Cottons 6% class B * common preferred Canadian /. Fairbanks Morse Jun 28% May 13'% Jun 12'% Apr Jan 27 31% May 36 Jan 370 * 3,050 925 19% Aug Apr Mar May 243/4 Mar Quebec Mar 35 Sep 9% Jan Royalite 16 Aug 24'% Jan Saguenay Sep 15 Jan St Lawrence Corp 7,% 825 4.00 25 al5ya al5% /a 16 20 * alO .alO 5 24 475 23 Apr 24% Feb al23% al23% 5 120 Apr 123% Aug 24. V __ 7 4.00 .« Paper Industries Locomotive Canadian ! 5% Oil Pacific Railway Farm i * 14 5/8 * 28 Smelting—. & Glass 15 22 Sep 7% 17 Mar Sicks Breweries Jan 105 May 12 Jan 22'% May Southam 17% Jan 34 150 60 635 6 Cork Seal & 20% 273% Aug 67'% Sep Steel 113/4 1,723 13 5,766 21% Feb 7 110 5% Aug 26 263/4 415 143/4 .15 1,460 14% 143/4 550 * 44 25 •j Distillers Dome class A * Seagrams 2 Exploration Dominion j Ltd Co Stores 15 143% United Jan 45 14 Dominion Coal 6% 'J Dominion I Dominion pfd 200 4.60 Jan 2,380 15% Apr a6% * Foundries & Steel 13% „* common-. 5 — 20 —— Dominion ! Dominion Stores Ltd Steel Dominion Coal & 18 Tar Steel Donohue <East • j j V Power Co's Fraser Gatineau t General Jan Jan 23% 2,731 6% Feb 22'% 200 15 % Jan 7 % 455 18'/a Jan 2.00 2.00 Sep 2.00 100 a30 a30'% 80 all % all % _. 10 , a30% — 8 inc 23 3.05 Jan 37% Jan 60% Aug 2,944 39 Jan 53 415 a54 a54 353/4 142 alOO alOO 18% 18% 36 35'% 36 '45 45 35'% 35'% 36'% 33 54'% July 34% Jan Jan 36 Aug 130% Mar 25 20 225 145 May 30 July 100 Aug 23% Jan 95 JOn 10 735 14% Mar 140 . July Aug 51 50 10 ; July 44% Feb 200 28 — ( 142 27% 33 3.05 29 Worts & 21% Aug 36 % Jan 25 32% Aug 46 Sep July 37% 29 765 23 Jan 95c Oct 1.00 Jan 3.45 Mar 95c 1.00 1,529 3.05 3,300 .140 2.59 25 140 Mar 131 Jan 14 14 430 11% 11% 250 10 64% __ Jan 2,842 11% __ * : .. 3.05 ; __ * * 35 150 Jun 14 July Apr Feb Sep Sep 12% Apr 69% 1,685 50 Jan 50 255 35 Jan 51 Sep 102 103 50 96 Jan 103 Aug 11% 12 2,030 7% Feb 12 Oct 25 25% 400 20'% Jan 27 Aug 40% 40% 40% 3,021 36 Jan 48% July 2.65 2.50 2.65 35,006 49 49 50 694 42% Jan 50 55 55 200 41% Mar 55 Sep 33 33 760 27'% Jan 33 Aug 1,295 33 Jan 45 Aug 100 Gas — * common Limited 67'% 48% 65% 48% ♦ common * 12 - 10 Scotia 10 2.45 Commerce 10 41'% 41'A 42 10 46% 46% 46% 50 Sep 43% 44 1,054 37'% 2.60 2.75 41,390 —; Royal __ 10 Rights 3.40 Aug Sep 36'% 44 2.75 Imperial Jan Aug 3 Jan 46% Sep Jan 2.40 46% Jun 3.30 July July Canadian Stock Exchange 26% 27% 1,025 19% Jan 273/4 20 20% 2,140 12% Jan 21% 22% 22% 23% 4,880 15 % Jan 24 26% 26% 26% 2,656 20% Jan '• Friday Aug STOCKS 110 63 104 Jan 111 all2 ,>v,/,> all2 5 110 Jan 113 Feb 7 , 4 , Par : - Anglo-Canadian 6% ; >7 200 65 65% 66% 546 35 Jan 73% Aug 89 91 275 59 Jan 91 British Columbia 11 % 95 July July Aug ♦ all L'ti— a 10% Jun Oct 16% Class Jan 102% 103 40 99 July 105 Jun 53 25 48% Feb 53 July $5 44% 45% 845 32% Jan 45% B Brown 53 ; „ 50 5% ; - 34 10% 5 170 30c 30c 1,050 all'/s al5 125 al5 7% 3,590 all 1.00 Jan 13% Jan 16'% Jun al5 50 88 5% 5% 26% 26 26% 1,940 19% Jan 27 Aug Canada & Dominion * 48 47% 49% 1,030 38 Jan 493% Sep Canada 6.25 6.25 25 6.00 Sep 8.00 Jan Canada 21'% Flooring Co Ltd class B Malting Co Ltd 34% 35% 4,592 28 % J an 36 May 10% 10% 4,540 9% Feb 12 Sep 2,316 79'% al7'% al7% Aug 16% Sep 116% Oct 7 Sep Jan 8% 4.90 Mar 700 21'% 22 10 10 a62a62'% 11% Jan Jan 9 27,420 1,728 * * Feb Sep 16% 113 116% 6% Sep 13 25c 116 15% Aug Jan 11% May 16% — 36 10 —1 Ltd—- Jan 25 .* 45 Co 11 all * High Low 1,810 35 10% al5 Range Since Jan. 1 High —1 ; Company common— 1st preferred— conv Butterfly Hosiery Shares 34 100 * class A_* Packers Ltd * Oct for Week Low * Sales Range Sale Price 'Jw. 1 Week's of Prices Last -Sep 26%, Oct ■, 110 Funds Canadian Sep Pulp & Paper. Anglo-Nfld Development Co Belding-Cortlcelli 7% pfd Bickle-Seagrave Ltd Alabastine 1,275 52 "35% 100 33% Aug 13'% July 9Vs Mar 20 110 1927 Feb 50'% 10 Mar 26% 100 pfd 13% 104 253/4 May .5 & pfd 3 4 '/<• Jan 50 95c * preferred 98'% 23% July 25 * General Steel Wares common Jun 10 10 Aug 25 10o Ltd 10% Canadienne ioy8 Aug 20% * Motors Lime 7% 50 * Dynamics Gypsum 1,650 6% : ■ General i 93/4 6% 100 Bakeries 420 Toronto Oct 22'% common General b'k 13% 1 ' Jan Apr 51 28 Rights 30% Aug Jan 22% Corp Power common 23 28% Aug 39'% Aug 59 * ' preferred 5Vi% preferred Goodyear Tire 9% Mar 18% a23% a23'% 1 Ltd 5 93/8 16 Jan Banks— Jun 6% « 5% ''' 15,505 20 Corp « Foundation Co of Canada common - Zeliers 17% July * Players Canadian .Famous 45 * Ltd Kootenay Jan 9% Sep Jan 22 1,701 __ * Corp„ Winnipeg Central Nova Jan 520 110% Jan 240 28 13 V* 38 * ; preferred Apr 13% 15% 13*% Jan 92 175 51 * Montreal 35% 29'% 31'% 25 Jan 103 _* (Geo) Feb * Eddy Paper Co class A pfd V .Electrolux 8% 45 123/4 Sep 35 Aug 48 Sep 41'% July 57 ._* common—; Gooderham 5'% May 18 3% Sep Feb 200 28% Feb 38 Aug 42% 13% 23»% Ltd Bros Dow Brewery Sep al7% al7% 29% 74% 31 Jan — 100 pfd— Cotton 4'%% 19 % May 5 870 Apr Mar 103 * — Walker 6.50 Mar 20 3% 6'% July * common common 33 12% Mar 1 ♦ Chemical & Dominion Textile V18 413/4 41* 25 . « Red preferred ; 5 27% Mar 350 6 3/4 13% 5 ' • a 13% * * com—i Dominion Glass common..'.. 7% preferred , 5.00 19% 25 Corsets Dairies Dominion 5.00 • Jun 24 26'/< 123A ; * com Power Oils Wabasso May 19% 3,515 3,370 Sep 25% 57 — Tuckett Tobacco Sep Aug 313/4 32% Canada Ltd Triad Sep 30 19% * 4iy4 Sep 165 60 1 36% —- 50 — Canada Jun Feb Jan 36 of Rights Sep Jan 31% 2.50 Bridge 410 Jan 12% * : Jan 13% Mar * 1,250 463/4 Jan 22% 275 33 100 Canada Co Thrift July 8% 10 100 44 15 30 10% 100 a8 ,-%8 44 of Weston Davis Leather r a65 301% 150 Jan 14% 15 38 100 common Co Southern Jan 29% 26 Jun Aug May 28 14% Co Jan *14% * — preferred- (Ht & Sons 5% Simpsons Ltd 400 7 * . pfd- Simon 100 4,065 • A 155 27% * preferred Jan 2,892 ■ 130 153/4 * common Williams Sherwin 26% Aug Feb 12% .V 165 101 % 101 % * 4%% 4'%% 15 26'% « Class B Crown 73/4 Power B 67>/8 i 67 '% 73/4 *- 7% * Equipment Textile class Corbvs , 20% July 125 1,200 Sep 35% 403/4 40% 157% Shawinigan Water & Power common—* Series A 4% preferred—, 50 18% >20% 31 31% 25% - * Mining Consumers : 20% * <B J) Consol Consolidated j 253/, 10 Corporation Cockshutt Coghlin 2,271 16 ;"105 J.05 25 Vickers— Chrysler ' 20l/4 15% J 100 Canadian Petrofina Ltd pfd Canadian ♦ 24% 20% * preferred Canadian I 1 233/4 24% * Companies 93% 46'/a 101 % common • ' Canadian -j * common • 100 Ji* Oil Co Ltd— Series Canadian Aug 30'A Mar Oct 10 93 222 30 46% ; 4.00 Jun 1 355/ &65 „ 373/4 * — Oct 75 373/4 __ 1 Transport May Feb a93 162 « ; Power 58 a23 a23'% _* * High Low 1,351 35 „ Rang* Since Jan. 1 High a93 * Canada Rolland Low Shares ..731/4 '* .100 of -- 'tor Week . Products 4%' preferred Provincial 18 4.00 100 Corp 29 -7% com—* Steel Sales > of Prices „ * Price Bros & Co Ltd common Aug 25 % Power Jan 25 3% 19 55 30 16% Mar 2,645 ,35 22 ~ Range 731/2 100 preferred Page-Hersey Tubes— Placer DevelopmentPowell River Company July 4.00 25 Preferred ; 106 * Northwestern Utll preferred. Ogilvle Flour Mills common Sep 21% -,25 34% * Canadian Canadian 100 Jan 23 35 < 18 %" 25 180 2PA . 23% : Mar 100 ;>,|4 23 24 90 3,116 2'4*% * ———20 common ■ l|l/2 29% Feb • • 33% - 28% " 30 1?24 24 13% common series $1.75 t ;io6 24% 33% 1,681 Week'a Last :v Par Mines Ltd_. Noranda 10% 106 * — Celanese ■ 130'% Aug 31% Jun 255 24% » Ltd—!_ High Feb -1,935 ' — * Canadian Bronze common— Canadian a 50 . ;!'85% 124 24 ! Breweries 568 / ': • : • Sale Price 13% alV/a 23% —* Corp Low" 1125 STOCKS '■ - 100 10 Safeway Ltd 1st pfd Canada Steamship common • Friday -• 23% * Foundries Canada ] 1 £ Range Since Jan. 1 jt3/4 joo ' Canada OCTOBER " Shares - High. , * i — Canada Forgings claas Low 20 common preferred $1.30 * Sales ENDED for Week ■ ■ Sale Price Par ■; '-"Week's v* \ WEEK ■ ■ STOCKS ' FOR ■ Howard ; Smith Hudson Bay Husky Oil Paper common—. Mining —. —1 , " • Imperial Oil Ltd—. Imperial Tobacco of Canada t 4% preferred Industrial $5.00 25 i j preferred Corp Nickel 7% of 7% 47% 5 Paper Power Limited of the & Sons Woods Ltd * _____* Acceptance & Bloedel Frontenac class 483% Sep Jun National 54 Jan 78 Aug 435 19 Jan 263/4 115 120 78 36'% 545 28% Mar 30% Mar 36 Sep Aug 21% 28% Sep 35% 28 35% 50 27% . 28% 2,710 al05 Mar 130 Aug Drug Feb 21% 305 17 Jan 2,335 213/4 Feb Sep 100 9 450 a— a20 a20 25 18 Jan 20% Aug 223/, / '( 23 1,005 17% Jan 233% Sep 18 20 ♦ 19% * ... A 7% 7'% 34 33% .—__—* 27% 500 8 8,140 7% 1,665 26% Jan Sep 93/4 May 37 Jun 18 19 440 15 Apr '25 2,240 23% Jan 27 Sep July 190 23 Feb 27 July 325 15% Jan 19 al8 al8 18 19 3/4 520 19 100 19 Jun ■$% 1,900 9% 29 1,430 243/, 40 110 32 V2 Ffeb Sep / Oct 106 16% May 115 103 __* 5 Canadian Power & Silk Western Canadian Sep 13% Products Neon General Crown David & Dominion Oct July^ 29 Sep Jan 40 Aug & HART STOd§: MONTREAL STOCK Dame St. Telephone Local Branch: Branch 62 QUEBEC ^ot - footnotes William page 47 - Square CHICOUT1MI 2 102 Jan 22 22% 150 13 Mar Ltd cl * A class 22 A_* class 6% conv cum „ ,—.50 pfd «. Lambert, Alfred, Inc j"v partic class A partic B Groceterias Co Ltd Co Ltd class Investment Canadian (Walter 28 45c „ a29% ,. — 1 1 — — B—* — Coi'D—1 — M) Power & Service Stores Jan 53% Sep 50 Sep a50 10 42 Mar 24'% 24% 14% 275 20 Apr 100 12 Mar 35'% 35% 225 27% Jan 36 66 Jan 75 10 a79 2.75 2.75 100 30 % 31'% 2,526 93 2 93 - Jan 15% July May May Feb 3.00 Apr 35 % July 2.25 July 90 1.20 Jan 1.90 96 100 1,547 63% Jan 35% 35% 54 33 Sep Jan Jan 1.80 25% 26% July 2,180 95 Sep 2.55 Aug Apr 100 35% 144 Sep Sep 144 144 80 104 28 45c 14 28% 45c 14 2,415 19 100 14 July a29'% a30 30 26 Jan a54%a54% 15 52 Feb 53 Mar al2 al2 al4% a 14% 50 Jun Jun 75 45c Oct 28% 45c 14 29% Feb 15% 12 Jan 17 68% 100 43% Feb 68'% a3.90 a3.90 124 3.25 Jun 4.50 15% Jan 68% 50 20% 68 68 1.000 pfd.10 Aug Oct July Sep 12P 7% 7% 9 'l') 5 38% 38% 31% 31% 26% 51% 7.00 — 63 — Sep Sep 21 July 7.00 alio 62 % 31 % 54% Jan 71 July 10 Jan 11 Aug 100 120 ——* — 10% 250 11 -- 51% 6% pfd. Sep 34 20% 50 Ltd Sep Aug 15% 158 -- & Pow Co Ltd—10 Power Corp of Canada 25 58% a52% a53% 20% -* 1st pfd_. 100 67c n c part 2nd 50 Quebec Telephone Corp common 5 Paul Sep Jan 12% Mar 105 * 1° Quebec Power pfd___ 25 40% 1 2,860 15 -* 7% Paper Co Jan Aug 22 375 —* Corporation Ltd com, 3.85 3.80 Aug 85c ''*/ "■ — May 22% Sep 57 T_ * Ltd com Investment Foundation Feb Jan 75c 106 15 a79 — 31% Co Ltd Paper 3.35 Apr 22 ; 50 class A 3.60 Aug 12 a50 * Ltd/___ 8% Jun 56 a52% com.——* Hinde & Dauch Paper Co Ltd rights.— Inter-City Baking Co Ltd 100 Northern ST. JOHNS. P. O. 9 — Worsteds——,_* _i Newfoundland Light - a70c — 50 Works Ltd 100 56% 5 A 3.65 a70c — • - 3.65 „ A—* Sec 70 a3.75 a3.75 __ * -t. — Minnesota & Ontario Office:^ -f 103 Goodyear Tire & Rubber of Can Ltd—* Moore SHERBROOKE 103 Preferred St., New York City,/HAnover 2-0575 TROIS-RIV1ERES see West, Montreal Phillips __ Mersey Paper Co Ltd —*— Mexican Light & Power Co Ltd com—* PL-9503 1203 Sep * .' Paper Co Melchers Distilleries Limited 6% EXCHANGE 230 Notre 78% — MacLaren EXCHANGE CANADIAN Feb Apr 1.90 Lakes Sep 62 96% Great 6% 101 — Can Jan 78% * Co of 2'% 100 77'% * Motor Aug — Sec common——* Manufacturing Ford Sep 6 * * * & 90 Jun Ltd Co Linoleum Co Ltd.* Engineering Jan 4'% 82 12% preferred Lowney EXCHANGE STOCK 2 25 Apr Foreign Power Sec Corp Ltd new com_* Loblaw TORONTO 82 Aug Aug 10% Dominion Square Corp 7'% % 82 14 125 Magnesium Ltd— Fleet 27% July 360 Corp Woollens 74% Jan 10% May 6 * Pont of Canada Jan 23% 8 12 Oilcloth du 51% 100 al2 alO Advert Limitee 10 27'% 6 Dominion Dominion Sep 21 Va — * & Sep 17% 12 Li Frere 79'% Sep a9% Standard Zellerbach Feb 17 12 Paper Corp Ltd <R 57 310 July a9'% Preferred Ltd Sep 525 a68% a68% — „ * — Consolidated 10 63 * pfd— Food London SAVARD Industries Catelli Crain Oct 22 Sep Jan Co. Lumber Claude CIewss MEMBERS: Products Div Jan 17 10 53% 30 Corp class A_* Westinghouse Consolidated 74% 100 a5.00 a5.00 — „ __1 Paper Inv Ltd Canadian Class B > al2 __ com—* _100 Canadian Casmont — * Ltd Tr Dominion 24% —* com Weaving Apr Inv preferred a__ ', -".34 ; Oct 12 Sep Apr Jan 102% National Steel Car Corp 38 % Jun a24'% a24% 18 ♦ . 19% 19% • Chemical 100 13.% 13% « & 100 38% 38% * common 5 a9% B Locomotive Co 36% Jan al05 21% 21% 5% Investments Ltd Canadian Marconi Company Apr 112 —* Wire ,6% Mar 6% Mar 643 22% 35% preferred Niagara 50 77%) 36 (Robt) & Sep Jan Aug 13% * B 4 % ,:k 6.00 17 a9% A Oil— Molson Breweries class Morgan Apr * pfd. Montreal Apr 15'% 135% * A) Laurentide Class 3.50 30 20 common iJohn class Mitchell Feb 135 Feb k t 9% 12 Aug Ltd 7% pfd.100 (Johni... Corp Ltd priority. Massey-Harris-Ferguson J Sep 48% Aug 34% 112 —5 Acceptance McColl 105'% Jan 128% ' Mailman ' Internatl 30 common.—5 Laurentide MacMillan Gen Feb 79% * common Canadian Canadian 94% 5 * Sep 39 — __ Dock Co Ltd— & Sep ' Utilities Corp 25 Lake 75 500 1 _* Ltd—— Co Apr al7 75 Old Sugar common 7% 4.00 21% Preferred Lang — New 253/4 16,418 75 Interprovincial Pipe Lines Labatt — Starch Canadian Dredge 48% aJn 48% 22% Canada Jan 6 200 ,11 w 47% * * f 1,9«0 134% 134% a 6 Vb' a6% ...7.50 common 23% I 34% Aug 100 48 al6 100 Jamaica Public Serv Co * * common... preferred International 4.00 al6 International Petroleum Co Ltd.. International j Canada 11% Wll, 25 . a7 105% 105% 46% 47% 11% * com 1_— preferred International > « 100 25% ; 46 46 40 - International Bronze Powders Intl ; ... —.... preferred a7 common—* 100 — (John) 6 7c 25% ___£1 Acceptance $2.00 preferred Inglis 35 5 common preferred 6% ; * — 43 88 Apr 120 Aug 400 5% May 9% Apr 1,402 7 Jun 10% 38 % 1,505 28 Jan 38% Sep 32% 26 % 51/4 870 24% Jan 33 Sep 600 22 Jan 26% July 50% Sep 52'% May 10 7.00 alio 63 31 % . 90 200 f 7% Sep Jun 7 J"n 110 July 114 Jun Jan Feb 65 July 33 May 15\ 56% 355 13'% / t "V. 44 The Commercial and Financial Chronicle... (1364) Monday, October 4, 1954 CANADIAN MARKETS RANGE Canadian Stock Exchange Friary (Cont.) week's La?t R Vfki.Ka SiOCKS Ran*e Par Renold Coventry Russell Industries Southern class Power — * al5 6% pfd —100 Clay Products Ltd 100 Paving & Materials Ltd—* Standard Screw Canal Supertest Ltd Co class Founders Co Petroleum — Shares 15 20 124 25 July 19% a— Jan Feb 141% Aug 150 a9 40 a._ 49 198 Jun 214 Aug 325 17 Mar 18 July 213 213 17% — 17%' 20% May ' 26 '• Tache Lake Tazin July I?td Mines Bros Traders 5 % red pfd new Works Ltd class Ltd Toronto Iron Finance red 7%c 8,500 6c Mar 9c 15c 35,100 7c Jun 16c 8c 8c 8%c 18,000 4%c May 14c 1.60 1.60 300 1.25 Mar 1.20 1.40 13,400 50c Sep 9c 11c 18,500 9c Oct 13c 10c 10 %c 6,000 7c Sep 30c 1 Ltd 9c Mountain Union Gas (L Westeel Wilson 21 % July July 23 Jun 475 32% Jan 45 Aug 44 22 44% 23% 50 40% Jan 45 Aug 1.095 20 Jan 30 May 41V2 41% 120 33% Jan 43 July Jun 12% Sep 9% Mar 12% Oct 22'A — ♦ 12% 12% 12% 4,355 12% 12% 12% 800 * 21 140 20% Jan 23 Mar a22 8 17% Jan 22 Uddlen * United Montauban Ltd Asbestos Corp United Mines 3.75 1 1 Ltd 6 100 Sep 8 3.65 3.65 400 2.85 Mar 8.25 8.25 200 4.00 May Virginia Waite Uranium 1 —_1 3.65 1 15c 13 %c 15c 6 47,000 1 Ltd Mines 1_ 20c 22c 2,000 Mines Ltd Alta Ameranium Lead Mines Ltd— Anacon Mines Arno Ltd Mines Arnora __ * Ltd 3.25 * Sulphur Mining Corp Ascot Metals Atlas 3.05 3.25 2%c 500 1 -I 8%c 8c 9c 1. 50c 50c 15c 12c 15c 3.65 Jun 8.75 17% 1.70 1.70 1.70 200 1 53c 50c 53c 31,600 12 12 100 Beatrice Belville 15c Sep 32c Sep 11,500 Aug 3.80 2%c Apr Jan Mar lie Ltd —1 3%c 3.85 63c Apr 9%c Aug 300 93c ' 1 3%c 3.85 __ __1 Ltd Corp changed 35c Feb 1.00 4,800 93c 2,000 2%c Jun 2.90 6c July Jan 5.50 Jun 1.10 May 75c Sep Pyrite Wendell Mineral Oil Corp Ltd—1 Ltd—___—1 Gold * Ltd 2.15 2.15 1 Ltd Mines Mines 14c 1 2.20 7,700 12%c 20c 297,500 3%c 3%c 1,00b — Uranium Ltd Mines 1 26c 25c Canadian Celta Dev 2.00 May 5c 2 80 Feb 2%c Apr 9.00 9.05 30c 30c Mines Jan 30c Sep 4c. Ltd 1 Jan —9^0 1>00 8%c 10c 62,000 6c 6c 6c 10,000 3.20 3.15 Gold Astoria Consolidated Candego Consol Central — Mines Lead Zinc & 1,000 95c I,500 14%cl4%c __ 7c 6c r Mines ' 3.70 17%c Aug Calalta 1 Ltd Eastern Metals Eastern £ ' 3.00 Smelting & Refining Fab Metal Ltd Corp 4.10 1 23c 195 14 28c Ltd Mines 1 Falconbridge Nickel Mines Ltd Fenimore Iron Frobisher Mines God's Lake Gold Aug 55C 3.15 2,500 2.30 Mar 4.J.0 4.20 1,600 3.60 70c 70c I,000 2 50 2.70 900 22c ♦. Sep Uranium Grandines Mines May Empire Gui Uranium Por Gold Home Oil Grass Oils Hillcrest Collieries Jan 70c Sep 2.40 Jun Petroleums Metals Petroleums Ltd Oils Bristol Omnitrans Pacific Ltd Oil Joliet-Quebec Ltd 300 400 70c 1,000 70c July 67%c 69c 2,700 55c Jan 73c 18c 18c II,000 16c Jan 29c Ltd Kerr-Addison Lafayette Lavalie Gold 39c 14,100 17c Mar 44c Apr 8.3# 400 29,000 a50c 400 1-6% 16% 1,560 2.13 56V2C 2.,18 300 53c __ 15c Aug.. 14% Feb 39c Sep 3.85 July 35c Jan 20% Aug 67%a Apr, 5.85 Aug 8.25 Sep 35c Apr 12 Jan 1.00 Jan 58c 32.10Q 11 Jan 45c Aug 19% Aug 1.99 July 39c July 3.35 Mar 89c Apr Mines Marbenor Ltd—__ Mines 38c May Jun 70c Mines Ltd 53c 1,500 42c 4c 4c II,000 3c 1 al8 al8 20 • Canada West Maygill New New —— Apr Pacific Coal 3,000 10c 1,500 5%c Feb 12,000 83c 83c 5,000 36 %c 14c 15c 7.000 13c 13c 64% 13c 64% Aug 3c Jun 46c 24c Jan 10 %c Apr 11c 1.19 Jan Jan 27 %c Jun New Santiago- Mines New Nib Vinray Nocana Abltibl ; & Power 4%% Obalski (1945» Ltd Orchan Pato Pitt Uranium Cons Gold Gold Mines Ltd 24c Jan 54% Jan 66 Apr 20c Feb 51c Sep 16 16% 25c 19c May 46c 49c 46c Oct 5Vac 5%c 1,000 5c Mar 10c 31c 34c 10,000 28c Mar 50c 10 % Feb 16% 27c Dredging Ltd Mining Co Ltd Gas Ajax Oils & Akaitcho Rayrock Mines Ltd Fields Gold Royran Sherritt-Gordon Silver Miller ... Mines Mines Steep Gold Rock Sullivan For Iron Cons Mines see 1.80 Mar 19c 20c 2,000 47 2.46 Sep Oct 80c 53c 57c 8,500 45c Sep 69c 16,950 58c July 70c 8,700 1.60 1.74 1,500 July 95c 67c 65c 1.60 55c 1.60 Jan 84c Jan Jan 75c Mar Sep 2.00 Aug Exchange Week's Sales < Range for Week of Prices Shares Low Range Since Jan. 1 High 23% 23% Low 23% 25% 25% 25% * 8% 8% 8% 22% 22 5.890 22 % 16% High 24% Aug 25% Aug Jan Aug 1,007 25 2« 17 10 100 " 104% 104% ■. 10 %c 10c 10 %c 6,000 * 15c 15c 15 %c 13,000 6% •> Jun ; 63c 75c 13,100 50c 67 %c Alberta Pacific 11,250 67 %c 90c 18,900 70c 7,000 25c Aug 1.40 1.55 2,500 27c 28 %c I,042 1 Consol 1.40 24c Jan Jan 1.00 July 27c 1.40 * common 78c 87c 25c Apr Feb 85c July 87c Feb 8% 7% July 25c Distillers Jun 16c 20c 67 %c * 106% Jan 67 %c 1 22% Aug Feb 15c 7% 185 8% Aug Jan Jan 9 %c 7% __* * 1 Get 1.48 Jan 32c Aug 2.15 Sep Feb 40c Aug May t Algom Uranium Ltd—. 1 of Co Canada 1st pfd 8.10 43 42% 65% 65 68 26 26% 8.95 ' 25 43% 20,285 , 950 2,464 Leduc American class Jan 1.10 1.00 1.15 197,285 22c 99c 95c 99c 5,800 75c 5 A 8% 8% 8% 100 3.20 10 %c 8% May 72% Aug 26% Apr Feb 104 24,500 13c * Nepheline tPetroleums 23 240 14c * American 285 13c 106% Sep 48 Jan 106% 107% 100 1 -1 Ltd 9.00 3.25 Mar 39% Mar 46 50c preferred Larder Oil 8.85 * * Ltd Aluminum 2nd Mines Steel Algoma Lead 108 Apr Sep 18 %c Mar 1.50 Sep Jan 1.03 Jan 13% Feb Aug Paper Apex Cons Aquarius Arcan Area Feb Arjon Ashdown 9c May July 4c 4c 4%c 5,000 21c 24c 17,900 1.15 Aug 1 Aumacho 9c Sep Apr Aunor 10c Sep 16c Jan Avillabona 24 %c 80c Aug 3,060 35c July 2,000 12% Jan 165 82% Feb 101% Aug 7c Jun 12%c 8%c 5.20 4.60 5.20 3,182 3.50 Jan 2%c 2%c 5,000 1 %c Jan 3c Mar 7c Apr 16c 14c 16c 47c 49 %c II,000 28,100 52c 89,301 34c 1.19 nc 13c 2,000 1.00 1.03 8,200 65 %c Feb 1.16 July 10c 10c 1,000 10c May 14%c Aug 7%c 1,000 7%c Aug 4c * 4c 500 2%c Mar 21 300 14 Mar 16% 18c 5c Apr 13 %c 16 % Feb 16c Jan 39,500 1,960 12c 1,000 6%c 6%c 8%c 10,800 —1 — — 7%c 1 "A River 19 %c 19 %c Sep 5%c Aug Jan 6 Vac 7%c 2,500 24c 13,632 15c - May 10c 11 %c 2.25 27,500 8%c July 2.35 6,100 1.96 Mar 9% 100 10c 11 %C 11c 1 2.25 9% 1 Electric * common Mines Ltd 1 ; 10 %c 17,750 Sep Gairdner S 40 Wall 8 Apr 9c July — g9c 1.19 87.950 49c Sep 1.19 Oct Members: The Investment Dealers' gc 8,500 7c July 12%c Jan Associstion of Canada 5.35 Oct 4.95 5.35 20.710 98c 98c 1.000 93c Jan I 1.19 May 4%c 4%c 4%c 1.000 3c Jun 4%c Mar 8.500 8c Sep 25c 8C 9C 7.00 7.25 500 6.50 Feb 8.60 Apr 3.80 3.95 4,600 1.70 Feb 4.10 Sep Jun of America Wir* system to 20c 2.45 Jan Aug Jan Apr 22c Jan WHitehall 4-5335 Canadian Stock Exchange - 10 Gairdner, Son 9Company Members: The Toronto Stock Exchange Montreal Stock Exchange all offices Mar 13c Canadian Affiliates Gairdner 9 Company Limited Sep Jan 11c 39c Gompamj Inc. Street, New York 5, N. Y. May Jan 8c 11c 13% —1 19 15% 1,000 9c 12% 12c 1 Jun 21% 9gc ~~ ~~ Jan Jan Jan 5.25 , Feb 24c 63c Jun Mar 10% Mar 18 10 %c 10 B 7i/aC 3.75 May Aug Jan 21 __ Jan 19% 5.20 Sep 7%c __ 1.02 11c 36c 12% class May Jan 10c 65c Jun 6,800 19.000 Mar 2.55 Mar 3,925 _ July 2.53 18c 27c 1.10 Jan Mar 18 100 Gold Auto 2.38 13c May 37 %c 1.00 37c 17% Aumaque 11c 15c ll%c Mar 17c Feb 6c 35c 3%c July 100 100% 1.15 37c 17% (1937). Mines Sep 37c 20c 8,500 Aug 13c 1 Yellowknife Jun 6%c Jan 6c 1 Hardware Jun 16,500 8,800 Corp Mines 4c 14c 8c 1 3%c 12c Apr 7c : 4c 13y2c Apr 46c 7c * Gold Aubelle 500 15 July * Atlin-Ruffner 3,000 55 20c 100 5%c Jan 18,500 Jan 13,100 — Jan Jan 600 33c 1 75c 4c 12 13% 29c common Metals 48% 13% 30c Armistice Ascot 70 6.00 13% _* Corp 10,255 Jan 9%c Aug Sep * Corp Jan 9%c 53 Mines Argus Sep 4%c 53 Res 17c 4c 53 4.00 ——* Mines Porcupine 2%c Jun 9%c 4%c July pfd—50 3.80 2.35 Aug 7,500 5.15 Mines 40c 4c 24,850 4.95 1 Rouyon 1,000 __ 3.25 8%c 5.00 —1 Oil Anglo-Huronian Anglo 1,500 ► 3.00 7%c * Petroleum Anglo-Canadian Atlas 2.25 1 19c 69c 1 Jan 20c 1 11% Mar 1.20 Aug 1.24 Aug 25 1 Petroleums 19,025 l Ltd Daz* 6.40 Aug 2,600 8,100 * common Apr 1 Mines footnotes 100 1.35 70c Steels 1 Ltd Sep 2.46 Investment Bankers Association Ltd Ltd Mines 9.50 8.35 2.37 20c Warrants 37c 1 Soma-Duvemay Gold Mines Ltd Standard Sep Last Paper common Atlas 15c 1 Ltd Feb 4%c Jan 1.30 * Yellowknife Albermont 40c __1 Ltd ' f 2.38 Corp Ltd 1 Quebec Labrador Development Co Ltd.l Quebec Smelting & Refining Ltd 1 Quebec Yellowknife Gold Mines Ltd__l Mining Corp 1.56 Jun * Ltd Petroleums Sep 1 Copper Quemont Sep 3c —1 Oil & 5%c Quebec Chibougamau Gold Fields Ltd.l Quebec 5.90 1.02 July 1.75 Mar 1 — 100 1,000 9.50 ,.100 34c 1 Opemiska Copper Mines (Quebec! Ltd.l Jun 1.000 2.46 1 new 40c 1 __1 Feb 2.85 1.03 * pfd 5%c 1 Ltd 3.90 4%c 1 A 40c - Ltd__—___,_;_50c Mines I 1 Gas 37c Ltd____ Mines s__' 34c A Ltd— Mines Yellowknife 1 ^.-_'.al 8.35 10% Mar . . 1.03 ' * Preferred Jun 25c __ 46c July July 11c 64% 46c 16 Oils Ltd & 8.35 ■■ Friday Ankeno 6c \ Mylamaque Explorations New Aug Feb 4%c 1 —;* Limited Co Anglo-Canadian Pulp & Jan 11c Ltd——1 Louvre Mines Ltd—w__- New 6.85 1.20 2.00 Aug Sale Price Anchor 7c 7%c * _'l 2.20. Sep 1,000 STOCKS Anacon 18% 7c 5 Mines Ltd..^. Harricana Mines Ltd.I 1.60 July Apr Canadian Ponds Sep Jun 11c 1 4c Feb 17 5%c __ Formaque Sep 1.01 Toronto Stock Athona New Aug 10c 200 2.00 Petrol-Chemical 13 %c Mar . __ __.l of ; 11c 1 25c 3,800 2.00 1 Trican Oil 6,700 40c 2.12 26c 2.00 Tri-Tor Oils Ltd Westburne 29c 35c 40c July 53c __ ' 1 Ltd Corp Jan 1 Ltd Ltd — Mines Jun 17c 6,500 __l Goldfields Molybdenite 8c 34,000 Ltd—____» Mclntyre-Porcupine Mines Ltd Merrill Inland Mining Ltd Mining Corp of Canada Mogador Mar 1,000 34c 2%c 1 ._ Mining Co Malartic 2c 8c 28c 1 Mines Ltd Ltd Uranium Louvicourt 2%c 8c , 2.95 Mar 1.25 Mar Development Aluminium 32c f. Sep 2.12 27c Sep 2%c ..*.-1 * , Ltd Mines Asbestos Lingside Copper Lorado Mines 1.40 Mar 500 Ltd Feb 36c 36c 1 Mines 12,500 2,250 Agnew-Surpass common a50c 1 1.87 9 1.70 Ltd Oils Acme 1,000 16% __1 ... voting trust Yukon Sep 1.76 — 20c 7.90 Acadia-Uranium 51c * . Kenmayo Sep 6.25 3.85 1 Quebec Jan 8.25 i 5 Ltd.' Ltd Jan 13% 22,755 1.68 Ltd. Co Petroleums Amu rex Mines 40c Jan July 270 6.15 7.75 Ltd Petroleums Phillips Apr 4.50 1 ..1 Mines Aug 25c 13% 5.50 1.70 Ltd Exploration 1.42 70c Ltd..* Ltd 'Mines..... Mines 500 25c 13% 6.00 ——* Ltd.— 3.10 18% __ Iso Lake Feb 7.75 Preferred 4.50 —1 Jardun Feb 5.35 3.70 Aug 1 Liberal Apr 18% 69c Inspiration Mining & Dev Co Jaculet 36c Aug —* Amalgamated Jack 70c July 1 Ltd Co 4.50 51c * Hollinger Cons Gold Mines Ltd Uranium Sep 19c 1 Inc—: Ltd Corp. Oil Jasper Class 4.50 * Mines Mines 70c 400 1 Minerals & Oil Alberta Ltd Aug 500 * Gaspe Oil Ventures Ltd Feb 31c 0 Ltd 4.25 /*75,500 * Petroleum Canadian Devonian 3.40 28c 1 Ltd Mines ' 1 18% • • Mar 70c 1.25 . 31c * Mines Goldfields Gunner Ltd Limited... Jan May 92c Apr 24c 200 Feb 17% 1,400 3.00 2 60 38c 15c Aug Mar 4.60 * Petroleums Ltd Calvan 3%c Mar .Tan 23c ■ '-z. 1 19c Feb 4.50 2.00 70c 25c Ltd Petroleums Calgary & Edmonton Corp Ltd.: Acadia-Atlantic Limited..' Mines 38c 12% July 20 %c Par al6% al6% v Mines Sullivan Feb 5c 2,200 Jan 24c Feb 2,000 1 Malartic East 500 63,500 May 2.15 60c 4.60 Jan May 21c 1 East 20C 5%c 20 Feb 9.10 5c * Ltd Petroleums Oct 6c Oct 4c 2%c May ,21c 1.62 20c 6c 2,500 23c July 2.00 Sep ° 5,500 al6% Feb 1.60 31c 60c 60 %c Sep 74,250 1 14% 1 Ltd Petroleums Sep Sep 1.00 . 16c 5c Ltd.—T Jan Feb 95c 9c • Mines July Jan Sep 3%c Ltd Asbestos 95c 4c 1 Apr 10%c 14%c Sep 2%c Ltd... May May 4c ' Dominion 4c 1.08 May 3%s 1 Dome 4,000 43c Ltd—_1 : Mines 12,500 1 Mines •Cortez Explorations Ltd Coulee 1 Ltd_____l Mines Cadillac 1.62 Jan 6.50 July July Sep 1.65 May 2,500 88c 1.62 __ 1 Ltd___l Ltd Mines 3.20 85c 1.62 95c 1 Mines Ltd.. Apr 11 %C 6c __50c __ Mar 6c 5.75 Sep 9.60 45c Aug 2c ,000 3q„ 5.75 10c 1 Chemical Research Corp Chibougamau Explorers Ltd™ Willans 2%c __ 4.25 6.90 July 22c * __ 4.45 1.00 2.00 1 2.35 May July 2.65 Mar 3,300 Corporation Limited.* Consolidated 14c 500 30c Mining Co Ltd Centremaque Gold Mines Ltd Cochenour 1,500 9.05 & Chlmo Gold 4.00 Ltd.."' (Dunsmuir) Gold Asbestos Cassiar 43,400 ♦ Collieries Carnegie Mines Ltd Cartier-Malartic 34c 4.00 Campbell Chibougamau Mines Ltd—.1 Jan Feb 1 Mines Ltd Pontiac Calumet Sep Apr Stocks— '' vtc 3.40 20c 5c 60c & Bailey Selburn Oils & Gas class A New Corp Metals Ltd BousCadillac Gold 20c Copper Products Tungsten Copper Mines Ltd—1 Willroy 100 Ltd——* Merrill to Mining 2.35 Jan Mar 6c 38c Mines Rare Bouzan Mines ;_1 Mining Gold Name Gold Ltd Mines Virginia Boreal Lake Red Bellechasse Mines Weedon Great Sweet Beaucage Jun 20 %c Aug 1 Sep Apr l%c Jan 500 1 — 2,250 —* Mines Western Jun Jan 2.28 42,015 — Sulphur & Iron.' Corp Ltd 3c 10 %c 6,600 2%c __ 200 2ic Ltd Ltd Amulet Antone Algom 3.80 22c — Mining Corp Ventures ViolaMac Ajax Mining Corp! Jan Jan 1.72 Jun 6 — Mining Stocks— Aconic Jan Jan 21 —. ~* 9 . 2.50 a22 __ Ltd—i—5 Breweries C). (J 1.00 50 43 * — Ltd Canada Ltd 5 a24 — * Ltd Co( & Products Western Ltd Pen Co Ltd. E» (Jack 1.05 a24 40 * Pipe Line Canada of Waterman Oil 1.05 40% * 10c a— 40% * preferred Trans Watson ___* A class A Corp High 7c . Tooke Low 7c 1 Ltd Mines Range Since Jan. 1 High 13c 1 Mining & Oil Mines Trebor Low 1 Ltd Mines Silver Shares 1 Ltd—_______ Tiblemont Gold Fields Ltd Tobrit for Week * Mines Trans-Dominion a__ 25% a9 — * 17% Mar 25% — __* Ltd 17% Mar 50 140 141 al0% al0% a9 B_—_—* al5 High Sales Range Par Low 40 Week's of Prices Last Sale Price Range Since Jan. 1 High 17% al7% a Friday STOCKS Shares Low A Ltd.— Canada Standard Stowell Suez Ltd 1 for Week of Prices Sale Price WEEK ENDED OCTOBER FOR sales Number 5365 Volume 180 .. .The Commercial and Financial Chronicle (1365) 45 canadian markets RANGE Friday STOCKS Week's Range Shares Low Bailey Selburn Oil & Gas class A. 1 4.60 4.45 4.60 6,880 -P9.C 2.28 2.28 2.67 17,550 Consolidated Bank Bank of Barnat Base Baska Bathurst 6c 500 5%c July 8%c Jan Canso 41 5,254 35% Jan 48% July Canso 17,936 2.45 Sep Cariboo 50 3,292 42 Jan Cassiar Asbestos 54% 55 2,044 41% Mar 55% Sep Castle Class 1.20 1.15 1.30 25,600 .1.65 1.60 1.75 9,790 65c 1,300 2.52 24,000 41C 167,830 13c 57,600 12,900 20c 58c Ltd * ___ —* Mining ♦ Mines Ltd— Power 55c ; 2.40 2.35 40c * 37 %c 22 %c 27c 18c 18c 20c 25c _ class r 24 %c __ * A 25c 32% — 55 30c 17,010 1.40 Aug Central 1.75 Sep Central Leduc Apr Central 1.40 Mar 2.85 Sep Central Sep Centre 25c 30c * Bros * : 48c Jan Centremaque Feb Chamberlain Oil 47c- Jan Charter 41% ' Jan 58% Jan 35 Sep Sep Chartered 18 Jan 50c 64c - 18c 6% 6% 425 4.30 2,250 49c 42c 49c 15,200 40c 45c 9,400 44% 44% 9,297 7c 17c 8%c 19c 91,000 9,500 20 %c 21c 28,250 9c 10c 3,000 6c 7c 13,500 12% 12% 50 23c * 6% 3.85 26c 22,630 22c .1 V-' ,-;-v , - 45c 25 44% , 6% Feb Uranium__ Chatco Mar Oils Beta Mines Gamma Bevcourt 8c N\ 17 %C | 1 * Mines Gold Yukon 20 %c _ Mines 1 Bidgood Kirkland Biltmore Hats, class A Bobjo __ _r _ » pfd_ _ Mines Bonville 7c —1 1 Gold _ ___ 1 _ Bordulac Boymar — Bralorne - Petroleum. Brantford Cordage class Brazilian Traction Brewis Red jj L 7,500 7,400 43 25 pfd A Sep 24c 15c Mar 43C Jan Chrysler 35c Jan Citra-Lartic Apr Cobalt Ex'plor 20c Voting Mar Bridge & Tank Corp $2.90 pref Brilund Mines Britaita _50 Ltd Jan 7,500 48 70 1.81 1.70 1.85 3.90 4.15 11,660 27% 27 28 2,865 pfd__100 92% 92 93% 285 100 102% 50 53 Oil British Columbia Electric 4% preferred preferred __ 13% Apr 6% Jan 1.75 British Columbia Forest British Columbia Packers Class Products class trust British Class Columbia 48 50 Cockshutt Coin 7%c Jan 4%c 4,000 28c Jan 58 %c 6,500 Apr 40c Mar '■ 1.70 Farm Jan 78 Jan 268 90 Jan- 443 48 Commonwealth 38c 12,200 1.02 Jun 1,79 1.74 Oct 1.42 1.74 243,402 1.90 July 3.00 Apr 988 55'A Sep Petroleum 2.00 Feb 67% 67% 1,094 5c Jun 6c 7c 9%c Aug 15,050 60c Jun 65c 78c 66c 62c 68c 1.23 1.21 90c Feb Consolidated Consol Consolidated Bakeries Sep Consolidated Central Mines Cadillac Denison Discovery Consolidated East Consolidated Gillies Consolidated Golden Jan 8 Aug Jan 17 11% 11% 150 9 Jan 12 24 25 42 42 42% 245 17c 25c 42,480 1 1.43 1.42 1.46 6,050 Ltd 1 7c 7%c 14,000 1 24 1 17c _1 9.75 Gold ; 3,110. 8c Buffalo Canadian * Buffalo Red Lake Bunker Burlington Burns 5% 17% Jan 42 Aug Sep 16c A 10C July Sep Sep 25 43% Consolidated 730 7,000 3.85 3.85 100 1,000 29,400 5%C 7,500 43% 390 10c 2,500 14c 5.00 1,225 110 610 1.75 200 48c 800 41c 9 5 %c 49c Jan 9,300 10c Aug 20c Jan 6c Jun 18c 71/3 8 335 4%c 4%c 7% __ 49c 30c 40c _____1 2.66 2.65 2.80 » 43 %c 43'Ac 44c Lake Mines __1 13c 16c 19,800 10c Jan 29c 1,625 20c Aug 40c Jan 36c 40c 2,500 25c Jan 53c Jun 59c Feb May Mining Jan Consolidated Mosher 2 95c Nicholson * 18 %c 18 %c 6%c 6%c 29c 8%c Jun 3.00 10,150 2.30 10 %c 14c 3,900 10 %c 1.93 1.65 2.05 46,116 1.61 28 29% 5,229 95c 1.00 12,760 22,866 93c July 20c 10c Feb 7c 5,250 5c Feb Smelting Consolidated Consolidated Ranwick Consolidated * Rochette Consolidated Sannorm 16%c Sep \i 14c 7,220 8c Aug 14c Sep 130 19% Jan 26 Aug 40 51% Jan 75 Jun Consumers 37% Jan 59 Jun Conwest Peak Coasolidated 65 53 273 8 8 650 19c 22c 29,100 25 25 100 20 Feb 25 12% 13% 14,390 9 Jan 13% 13 %c 14 %c Jan 8% Apr ••• . . •' .. Oils 28 1 & * Edmonton Callinan Flin Calnorth 1 13% l 13%C Oils Calvan Flon Cons Oil & are Gas on Canadian Petrofina for Campbell Campbell 17 1 Ltd shares '■;} of 1 1 B pfd___ 4.10 6,603 2.55 Mar 4.25 2,550 6.70 9.30 Sep 53 10 30% 1,077 28% Jan 8 6% 8% 9,235 4 % * 15 14% 1.5 200 ♦ 26 26 26% 135 Foundry 10 23% 23% 24 Assurance 10 125 125 10 Iron & Cut Stone ♦ common class Canada Life Canada Canada Northern A Machinery Malting Canada 1,066 10c 7,500 42c Sep 1.05 5c July 11 %c Jan 7%c 7%c 2,005 7c Apr 1 lc May 96c July Sep 311 Feb 130% Aug 31% May 1.85 1.86 650 Jan 2.65 23 24% 5,078 16% Jan 25 3.75 3,720 3.00 July » 14% 8% Sep 9c 18c Jan 2,300 10 % Jan 15 14% •14% 200 10 Jan 14% Sep Sep IIV2 1 60 9 Jan 12% Sep 30c Jan 8c Feb 90c Jun 44c Jan* 17 Sep Oct 28 2,205 19% Jan 24% Aug 125 100 78% Jan 260 Aug 125 Sep Canada Southern S S & Sep Dominion Dominion 3.50 3.45 3.50 2,914 2.60 Aug 1.95 2.00 615 2.75 Apr 41% July 4.35 Mar 39% 39% 39% 135 1.05 Aug 36 Mar 36% 36% 37 720 31 Mar 39 76 78% 814 58 Jan 79 1.00 100 2.50 2.60 2,010 23% 23% 35 13'/4 13% 361 66% 66 % 75 13% * 34c 34c 36c 6,400 2 4.60 4.20 4.60 1,627 Canadian Bank Canadian Breweries Homestead Canadian Jan _ _ Oil & _ 18 Pacific Pipelines & Canadian Tire Canadian Utilities pfd Corp For footnotes see 24 % Mar Feb 20% Sep 34 35 160 29 Feb 35 Sep 2,405 23,810 75c 13,294 - 22c 25c 19,250 1.80 1.75 1.92 139,842 69% 69 70 245 17% 17% 1,165 24 500 2.00 24 2.05 3,800 18% 18% 50 24 6% May 6.30 Aug 58c 18c Sep Feb 70c Jan 50 Apr Sep 17 9% Jan 9.60 Mar 79 %c 27c Feb Jun 2.95 Mar 74; Aug 17% Sep 22% Feb 24% 1.75 Apr 14% Mar 22 2.79 . Feb Jun Sep 43c 1,100 35c Jan 67c 15% 1,565 12% Jan 16% Mar 2.90 3.30 3,100 Jan 32c 20,900 26 % 1.55 Sep 1.02 Jan Jan 25 26 25% 3,727 21 Jan 27% 10 20% 18% 21 2,410 12 Jan 22% May 1.33 1.20 1.39 23,545 6.00 6.00 100 70 70 170 104% 104 % 10 preferred- _ __ common _ _33%c « (1954 issue) .100 page 47. 6%c 7c 6,600 6c Aug 13c 13c 11,000 10c Feb 8 8% 260 19c 15,013 1,20 1.15 1.20 7,200 1.20 1.15 1.21 5,700 15c 12c 16c 16,200 1.40 1.45 700 32 31% 32% 5,540 5.00 __ __ 43 __ . 4.85 ■ ... 70 1.10 Aug 5.50 Sep 45% Jun 100% Jun 1.45 Jun Aug 8.00 Apr 77 Sep 104% Sep & '17% __ * "7" 5.00 5.45 16% 16% 640 1,600 8 Sep 16 %C Aug 1.00 May 1.00 Aug 12c Jun 1.25 3.80 July 14% Jan 21c 24c 7,925 43 44 851 50 15 4.75 4.85 225 17% Aug 31 15% 22c Jun Jun 24 15% Feb Mar 3% July 13% Apr Chemical 4,560 58 99 '/a Jan 15 4; 915 11 % Jan 46% Jan 14% 51 51 51 215 12% 12% 13% 9.509 ♦ 29 % 28 % 30 3,115 com * 9% 4,830 23.50 * common 1 » 37c __ 9'A 9% 23% 23% 185 6% 6% 2.75 180 36 %c 42c 53,700 24% 24% 31 9% Mar 18'A Jan 12c May Mar 18c 16 Apr • 42c Jan 1.25 2.35 Mar 20c Apr 2.05 Mar 32% 54c May 44% Sep 16 Apr 5 Ye Mar Sep Feb Jun 62c Mar Jan 25% Apr 43c Feb 35c Aug 24c 15,850 15C Aug May 1.37 102,475 69c Jun 1 7c 7c 7'Ac 7,000 2.96 2.95 East Amphi East Malartic East Rim Mines Eastern 1 Metals Steel Eddy Sol Emerald Oils Estella (T Insurance H) . pfd 1 1 Oils Jan 33% Aug Jan 83c 5%c 5%c 2,399 7c 7 'Ac 2,500 16c 17c 4,900 4%c July 6c 16c Aug Sep 6% class A _ 10c 14 %c 43c Sep Feb Jan Jan 35 35 33 22 May 35 Sep 28 75 20 Jan 28 Sep 22% 22% 50 19% Feb 23 % Jun 16c 18c 24,500 14c July 25c Jan 54c Jan 14'A Feb 20% Aug 95c 94c 98c 14,000 18% 5,352 1.07 18 18 20 % 26'A 27% 2,225 19 Jan 27% 24'% 24% 24% 1,045 20% Jan 26 71c Aug 95c 1.50 41,350 21,300 25 27 836 29 29 50 1 80c 71c 85c 1 30 1.24 * 26 20 Feb May 31 27% 25c Mines Jan 42c Apr July * Ltd Grain Preferred 1.43 22'A 4% 1 Faraday Uranium Fargo Sep 25 * Nickel Players Fanny Farmer Federal __ 16%c Feb Apr 465 490 25 Ltd Feb 1.17 800 42,650 28 3.45 4.50 51,400 80c „ 65c Jan Jan Jan 72c 30% 16c 3.55 Sep Feb 5% 30 25 1.90 80c 11% 29% 75 'Ac 7c .6'Ac Aug 1.50 5 78c __ 15c 28 30% 10 Life Falconbridge __ * Glacier Oorp Famous 65c __ 1 Mines Eurkea 70c 1 - Life Equitable 6,062 20 A Gold Empire 10,800 1 class Pen-Ray El 86C 4.25 10 Mines El 81c 4.05 * Investment Paper Elder 65,700 83c 4.10 1 Mines Mines Eastern Economic 3.20 1 1 1 Nickel Sullivan Sep 35c 20c 8,400 Aug 19% 1.21 23c Sep 13'A Aug 3.00 22c 21c 51 31% July Jan 2.00 1.25 21c Sep 15'A July 8% 1 Minerals Sep 10% 1 & 18% 104 23% 1 Oils Sep Feb Dragon Oils & Gas__ Mines Sep 6.50 Mar 17% Jan 7% 6 Duvex Dyno Jan 20% Mar 1,475 2.75 __ 6% * i__. Brewery 14"% 18% 103 % 103% 50 Mines" -S: Donalda Dow 4.15 Mar 27c 27c Tar Estabrooks 39c 15% 1 pfd__. Preferred East Petroleums- —-1 Ltd _ May 18 7% * Railway Canadian Prospect 18 75 9.20 _ Petrofina 1,802 20 65c — Gas Reserves Canadian 19% 7% • Canadian 18% Mar 25% Aug 2 5 % Aug 8.80 10c common Canadian 16% Mar 774 70c • __ 22 1,065 9.05 . Malartic 2,164 25 24% 19% * Oils_ 29% 23 28% 19% » Locomotive Sep Sep: ♦ ; Woollens Jan 6.25 Mar July * Canadian Warrants Dominion Aug 30 * Fairbanks common.. Cos 50c July 3.10 23% * common Oils 22c Textile Apr 28% 23% 24c Canadian Dominion Dominion 44% Aug _ I 53% 16%c Coal 28% May 13'/a Jun 27 * Petroleum Jan 100 common 69% May Jan 7% Dredge Canadian Jun Inv & Apr 60% Mar 12 % Jan Warrants Devonian Steel 32% ZIZ3 common Canadian Scottish Dominion 21% (Dunsmuir) Decalta 34 1.40 com Magnesium Dominion Stores 1,745 34% Colleries Canadian Dominion Apr 4,109 * Canadian 519 8 * : 4.10 42 25 Canadian Foundry & Steel Preferred Aug 25 Cellulose Chemical & Dominion 1.65 23 41% 25 Canadian 53% 16%c 35 Electrohome Dominion 24% • common Dominion Sep 41% * Celanese 52% , 10 3.85 Mar 24% 20 $1.00 preferred $1.75 preferred 100% 7c ' „__1 preferred-.., Sep * common Asbestos 1.00 20 Canners Jan Aug Atlantic Car 60 2.50 (Western) Dairies • A 20 2 Bank Dominion Canadian Canadian 100 53 * Aug Sep 2.60 Commerce.: Sep 100 1 Mines 15 Admiral Oil Canadian Exploration Dome 64 23% Oil 160 25c Seagrams 10% Canadian of Distillers Dome Jun • B Jan 1 Jan 1 class Ltd . Feb 1.00 common Cable Producers Minerals 51% warrants Preferred Wire Rio Devon-Leduc 10% 12.50 Lines May July 1 Mines 310 20 Petrol Canada 17c 116: • 1,000- * Ltd 56c 17 8,900 ' 1 Gold Mines 220 * Mortgage Oils A 75c 160 1 class 15 ♦ A Southern Leather 750 ' 157 5 1 62% ♦ B Corp Patricia 14 8 71c July 15%c Sep 5%c July 1,300 6%c 17 %c 17 %c rv 100 D'Aragon Mines 62 2.00 class Coal 9% -J. Permanent 1 100 ± * * 22C£ 6%c. l Zellerbach Del *$24c 1 Nest Detta 7% Mar 26 Jan' 6,150 15 14%- 1 Pershing Delnite 4.05 ♦ Mills Trust D'Eldona Jan 3.45 ,, * ,j_ Power Lands Packers Canadian 84 Apr 3.70 Uranium Davis 20c 23% Sep Sep Jun * Mining 10 Warrants New 53 July Canada Canadian Jun 31 Foundries Canadian 47 Jan Apr 45,600 " Lead Crowshore 4.10 9.00 125 Foils Class 6.30 3.85 120 Canada Canada Croinor 30% Canada Canada Sep 3.80 Aug 120 20 Crushed Class 136,493 53 common Canada Canada Croft 6.10 8.40 50 Preferred Canada Cournor Feb Calvan. class Oil Feb 28c ll%c » Crow's Lake Canada 21 %c July Feb July 57c ' voting Crown Chibougamau Cement Coulee Jun 10c 5.50 6.05 Apr 12c 5,500 Sep 1.70 24c . 5%c 11 %c 11 %c Dist Imperial 25,200 30 »A Jan , 42c Pete B 20c partic Red Canada Cosmos 3.90 May 5'Ac Exploration Class Sep Feb Apr July 10 Crown Bread Canada July being offered an the basis of six exchange pfd 26c 3.50 35c\ 47c l Gas (H) 18c * Stockholders Mar Jan Oct 5%c Copper-Man Corby 15c 22 July 1 ' West 12 %c 12 %c 8c Feb 1 : • ... 20c 1 Feb 24% 7 148,134 2.85 10 %c * Orlac 6%c Sep 8 . 21c 2.85 1 Ltd 18c 1 * 45% July v Sep May 27c Micmac Sep 3%c May 35% Jan 45c 2.80 14 %c 1 Howey Consolidated 70c 40c Consolidated Jan July May July 1.83 Jan 65c 29c Consolidated Halliwell & Feb 44c 1 ! 1 Oils 6c ! Aug Jun 1 Arrow ' Calgary 16c 2,596 Jan 19c 1 pfd 3%c Aug 3,450 54c 13c 51 » 1st 800 20c 44c 47,576 26,588 Crest Sep 8% Aug 6% July igc 1 Matarrow 9c Jan 338,850 Consolidated July 1.95 17c Consolidated 13 Sep Sep 110 14c Jan Mar 5.00 Feb 1.55 Mar i3C Jan 24% ♦ class A- Caldwell Linen Feb Jan 13 %c Jan 25c 4.10 " 1 ; Mines Guayana 65 Bousquet Calder 3.75 58 Jan 10%c Aug Mar 2.25 Jan Sep 11% Jun 100 18 %c 49c Apr 17 Jun Apr 3.75 Aug 15 7% Aug 7c i.ei Consolidated 12 %c 24% * Class Bv Burrard 5c * class 1.40 July 6%c Aug 7%c Mar 605 42% ___l Steel 10 5%c 13c 13 %c 42% * Co & 30,900 9.75 13 %c * Hill 5,750 17c 5%c 1 8%c 15c 1 Building Products Bulldog Yellow Knife 13% 7% 7%c Jun Co_____25 Mining 50 17 7% Sep 1.30 Jun 17c 1 _ Cordasun 13 __ » Consolidated 280 1 Buffadison Mar 13% 1 Oil__ Consolidated 4,650 Mining Brunswick 65c 4,100 Feb 1.15 Mar 1.45 1 Allenbee Astoria Sep 8 Mines Brunston 57,231 4gc 100 * Jun 54 16 24 %c Mines Brunsman July 95c 1.20 Jun 65c 4.30 10 5 Sep 7% Mines Reef Brunhurst 55c 2,800 1 7%c Consolidated Broulan 10,919 1.33 17 75/" * I Sep 63 ZZ Life 1.00 1.99 ~q~c * Mines Jan 103% Sep 88c ____ Caniaurum 94% Jan Feb 34c 1 Aug 28 6 80c 90c Equipment___. 2.55 Sep 3.55 July 20% 1.52 35c 1 Lake Coniagas 15% * Telephone Oil Apr 6% Aug Mar 5 - gOc common 5.20 Sep 53% 1 Empire 4c _* Confederation 16 Power Columbia British 26,805 1 Corp ,i — A Sep 7% * British 3.70 3.30 70c Mining Willians Jan • B Jan 3.15 4'Ac ctfs Consolidated Apr 9% 15c * A 25 Jan 16 5%c July 102 103% 53 75 25 Consolidated 5% 648 5% 1 Cochrane-Dunlop 4.25 Mar Jun 12,200 4.00 * American 80c 12,509 6c 1 1 Petroleums British 4%% 80 7% 48 6C 16 7% 7% 1 7c 400 3 25 * Cochenour July Aug 7% (Sep 1 : Chemical Cobalt 7c 2.95 1.74 Mar 46% 400 1 Corp 42c Jan Jan Feb July 5% 1 Mines Gold Feb Jan 25c Jan 82c Jan Feb 6%c * Mines 9%c May 42 Feb Mar 13c 40% 1.45 12c 400 1 14c Feb July 10c 16 * - Apr 25c 5%c • ordinary Lake 43 50c ; 7c Jun 2,500 j 10 Research Chimo July 85c Feb 25c Aug 6c 85c 22c 1.25 45 2,873 85c Jan Jun 43 Jan 64,500 1 85c 7C Steel Chemical Commoil Bralsaman Mar 1.06 * 39% 10c 12c 67c 15c 17 %c 97c __20 Feb 3,000 May Chibougamau 8,000 3.25 Jun 2.50 May Aug 52,800 8c 5.75 Aug 6c 60c 7c 3.20 Jan 1.25 93c July 12c 3.25 * Aug 3.70 2,675 - 2,000 37c 6c 11%C _ Mine 2.90 3,756 1.47 68c 70 %c 15,100 Chesterville 10c 11c 6%c __ Jan 5.10 1.40 6%c Jun 8c Jan 2.39 23c Apr 18c 7.00 900 6%c 76c 5%c July 12% Sep Sep 2.75 13c ' Bibis Apr 1.17 5.90 7,500 Feb 40c 5.50 Apr 11% 7,900 3,550 1 : - " 3.00 Sep 64c July ' 5.75 July 1.00 Cheskirk 2.90 May 16 July - 97c Chromium Bellekeno 92c 15 %c Rights 7% Aug 1.40 Sep Sep 4.60 • _1! ; Trust Jan 6% 1,310 1,213 • Aug 16 1 Gold 27 %C 21c July July July 14c Lake 340 1.80 4.80 34 Jan 4.80 wn Zl 1 Porcupine Jan 6% 5.75 4 go » _ Z__Zl Aug 4.20 Beaucage Mines Ltd Beaver Lodge Belcher Mining Corp Bell Telephone C— ' . 16 1 High 2.75 1 Oil 150 85c / ZZZZZZZl Patricia 15% 17 1.73 85c ho Explorers 1,150 4.60 Ltd Trethewey 90c; * Beattie-Duquesne Corp Low 31% 15 i 73 1 ZZZZZZZZl *.00 July 1.26 July July 100 33 . . 40c 1,000 57 . 56 56 B Beatty . ; Range Since Jan. High 30 * jg -ZZZZZZZZIZZl Producers Shares 15 * Natural Gas Oil 30 ZZIZZZ1* A , Gold 49 3.25 Aug 50 Aug 1 Mining Bathurst , 2.65 55 ■ Wallpaper class for Week of Prices Low * B 6c 1 Petroleums Class 2.55 - Uranium Bata Sep 40% ____ Metals -Canadian Feb 3.15 6C 49 Warrants Co 5.40 Jun 1.73 2.65 Barvue Mines Barymin 3.65 /Aug Vickers Sales Range Par Canadian Feb 19%c Aug 40% Toronto Mines 12c 78,250 i Scotia Nova 13 %c 17 %c Week's Last High __10 (expire Nov 26) of 17c Friday Sale Price !__1 Montreal.: of Rights 1 STOCKS Low 1 Bankfield OCTOBER Range Since Jan. 1 High Eagamac Mines Bank ENDED for Week of Prices Par Oils WEEK !■ Last Sale Price Eanff FOR Sales 1.05 Aug 15% July 26 Jan Sep July Aug 2.10 28 Feb ' 29% Apr Jun Aug J 46 The Commercial and Financial Chronicle... (1366) Monday, October 4, 1954 CANADIAN MARKETS FOR KANGE Toronto Stock Exchange (Cont.) Federal -r:;; ■ '.'v-' Petroleum Fenimore Class Iron Mines 2,400 54c 34,425 68c Sep Apr La Lapa Jan Laura 1.95 Ford Motor class 1.75 2.00 5,425 97 * — 95% 100 2.278 64 Jan 100 Apr -100 25 78 Feb 105 Apr 12% Jan A— B.' Foundation Co Fraser (A —-— 20 Ltd Debentures 170 1,080 94 270 * 4.45 4.40 4.50 to June 79c 79c 90c Jan 88 72 33c 52c 100 89 690 28 %C 33c 13,510 47c 52c 80 Exploration —1 Exploration of Gatineau 5% Power * Alberta * common 26% 26% 16 %c 29c Gold 11,350 20% 1,580 —« __;——.— Jan 39c Sep Lomega 78c 15 5,695 5.55 Jan 13 925 5% Jan Lowney Dynamics 3 65 5 Macdonald class Preferred Geneva 495 35% Jan 90% 500 58 Jan 90% 5.05 5.05 66% 5.05 45 25 11 11 11 261 102 102 103 60 1 15c 12c 15c 8.35 8.35 8.65 1 3 Vic 3%c 3%c 8,500 * 67c 65c 70c 7.00 Macfie Apr Mar 104 Jan MacMillan Madsen Red Lake Gold Magnet 5%C Feb Malartic Goldfields 69c 62c 70c 64,150 * 24 'Ac 22c 25c 4c 144 146 191 50 __ 52% 52% 52% 38 7% 300 Uranium Paper Northern Great Plains Great Sweet Great West Great Utilities Gas Gridoil Gulf Coal 75c Sep Marigold Mining Corp A Maritime Martin-McNeely Massey-Harris-Ferguson Industries Maule Jan 53 July 7 Feb 8 Apr Maybrun 27c 31c 32,700 24c May 49c Jan 17c 20c 35,160 15c Feb 29 %C Feb McColl 27% 28% 9,460 18% Jan 28% Sep 4.80 4.65 4.80 700 3.95 Jun 4.85 19% 21% 6,375 7.95 Jan 21% Sep 2.25 2.11 2.25 86,643 6% 7 500 Apr Feb 2.25 23 23 115 4.15 Lead 1 150 6.65 600 15 6.40 10 4.15 6.30 * 9c - „ .15 350 Lake 7c Exploration—. Mills Aug Merrill Jan Meta Jan Mexican Gypsum Lime & Alabastine 6%c Aug 25,378 8.00 Mar 1,300 45 44% 45% 825 32% Jan 45% Sep 15% 16 240 14% Jun 17% Jan Midcon 15% 50 14Va May 15% Sep Midland 100 100 20 98 12c * 8,950 1.60 1.26 Mar . 2.40 23% Jan 1.66 8%c 9%c 13,700 1.70 1.60 1.74 20,650 20c 19 Vic 23c 16,760 19 %c Sep 32c 10 875 7 Jan 10 101 17 90 Jan 102 12c 13 %c -/i 11 %c 13c 6,000 -.* Light 100% 100% " Sep 1.85 Aug Jan 12 Vic Feb 6c Sep { Jun ;• 1.31 Mar . Sep 4 1.75 Aug Sep — j 7c Aug 24%c Jan 1 8,500 8c Feb 15c Aug 36c 7,700 26c Aug 52c: Jan ! 500 21c July 65c Jan 31c 7%c 15,500 8 10,259 7% .3.70 100 3.70 Oct 4.00 Sep 9%c 20,232 8c Sep 17c. Jan . 12% Feb July 1 , Jun i ' 3.70 8c , 16 1,607 100% 101% 50 10c lie ,64% 37c 9c lie 3.10 __ 1 '/'/• 8-15 24 %c — Sep 19%c Apr* 66% Apr« • Jan- 43c Junt , Feb» be Jun 14c 6%c Jan 26c-- Mar • Feb ! 3.00 100 95c 20c Apr 8.45 357 7% Jun 8.55 9c Mar 35c. 5% 453,410 : Jun 9% 2,306 7 51c 16,637 40c 26%c 13.50 — 3,800 1,500 * 9% 10 10% 2.50 51c. 5.80 14,555 18c 33%c 7% 4.60 Feb 7,000 !; 2.80 Preferred Jan 400 49c , 8.10 ; common.,—* f/;, 3.10 . 40c '4l<? - Sep;; Jan ,1.15 1.15 i'v Power 9c 101 % 1 30c 4,100 " , Feb ' ; ; 53 2,600 25,220 12 Vic 14 Vic __ % -p. , 18 37 . 91 1,222 37c s Oct 9% May; Feb 26% Mar 2,500 63% 7 %c 3%C Jun 250 34 ; 33 ;£/>. 34 £ - 5c 15% 1 & , Aug 38,000 12c 7% ft;^*3.70 > Aug 31c __ Mines__—___—_—1 Uranium I 9% C 37c 5 ——1 •__ Petroleum :_—4 24,600 8.70 . 17% ♦ Island 13c 2,525 —1!£ 10%c Lake Merrill 11 23 100^'/— —1 Mentor 10 %c 22% * 3 -. Mercury Sep 7%c Aug 57c ____* ^;J0%C —5f:;, 84% Lake 7.20 Mar 6%c 5c 16 %C Mar ._1 •!._• common—- Gold 8.20 8.60 1 Red McWatters 6c 1 — Gold July 7% r. Red 16 Mines Gwillim Jan* 9c Ut IVuC McDougall-Segur Mclntyre Porcupine McKenzie 15% Gunnar Sep > Sep i 18c 31c class A____— McMarmac 15 76c- 13,450 Ltd 4.65 (Sep Aug Jun 1.99 Jun 12,100 1.75 < 1.45 Mar 184,700 , Jan \ Jun > 41c ,9 'Ac * i i" Inc.—1 Frontenac 24% May 4.10 Mar 5.55 13% „ 4,331 - 14c / ;s35c i— Sep 9% Mar Mar 7,400 56c 1.10 Jun 56C * il Preferred Aug 21% 22 Sep ,1.82 , 11 %c Mines Grain McCabe 19c 5 21 _c__/—_/:! Sep 48% 28c Mar 12c ! Sep 146 Jan 16 1.75 —1 K'/ : . Jan Jan 13c 300 13c. Mar \ 47c —1'f/A 12c _—„ 34c Apr 3%c July 97 * . — Malartic Gold 7%c 3%c 1.00 Feb. 28c 6%c Aug 1.60 —100^ Oils Ltd * class Freehold Trust Marcus 1 Saddlery.. Wire Greening Marbenor Sep 1 West Guaranty Sep Jan 2.50 * . Sep 5%c Aug 1.67 ——. Preferred 26c 12 %c Sep 28% Development Grass - 3c 1.60 , -1/ common—. July 28c common— 69 40% 17,300 11 %c It * Ltd— Milling Leaf * Mines Lakes Maple 1 Bousquet Grandines 7 ♦ ; Jan ■ Feb- Jan Jan July 29 %c Mar 2,500 144 1 37c Aug 1.10 87,008 4c __• ——i 1,00 Sep ' May 554,400 He ._49c .1 — 5c 13,150 * ,20% 51c Mines— ?—._ 10c 4,000 2.40 common Preferred Great 6%c 2.10 _1 Tire Gordon McKay class A Great 26c 6%c 2.10 1 Porcupine Mines Goodyear Graham 16c 6 V2C _ Uranium Goldhawk Goldora 20 %c 1 Mines, Manitou Goldfields 250,055 —1 —1 i- •__—_. Eagle Golden 4,500 47 89c , 20 1.65 B Consolidated 63c Jan 16,600 1;/, -1.75 Mines— class Bloedel & Sep 21c 37% 22% — Gold Jan 31,750 1.20 14c 14 %c , _l^_ _—1 Mines 15c 23c 23 %c ——1 Mines Goldcrest Gold ; Gold Lake Feb. Jun 3.00 Jan lie 51c 9.70 July 69%c __ . . — Explorations Mackeno 85c _—If./ Mines MacLeod-Cockshutt Maneast God's Goldale Aug Aug 23c ; July 1.50 4,000 9 Vic Ifc. Jan 4c 82c 14c Jan Jan 56c 2,215 3%c " Mines Jun 16% Jun Mar 7.70 ._._i — Mt 3%c Mar 4,502 Mines Gold 10% 100 ■ 9%c Mines— (Walter Macassa SeD 47 July 42% May 397,760 1 Lake Gold 4.80 150 45 * , Yellowknife Glenora 65 * A 60c 6 %c Aug 10c Sep 9%c Mar 1,575 { 44% * V: 68% A—__. Goldfields Louvicourt Feb 85% 1 A class common Jan 7% Aug 73 Aug 100 Mfg Wares class Petroleums. Uranium Lorado 110 7% Petroleum i July 5.680 • . Island Long 26% July 112 July 9.40 Products . 21 % Jan 5c c 7 Steel 14%* May 17% 1,000 Gold 110 General Jan 10% 12,000 B 8.95 General 16% July Jan 92 Motors General Jan Jun 80 57,655 Long Lac— Loblaw Groceterias 7 General General ' Little Jan 104 1 Petroleum Liberal 9.00 1 Bakeries 6c Apr 15 10,700 Gold Gold 1.08 May July Jan 2%c •' \ ___' Lencourt 5.40 Aug Apr 7 %c 550 Lexindin July Sep Apr 7,500 Sep * Ltd Mines General Giant 26% 100 preferred Geco > A— — Sep Class Gaitwin Gas class 94 Feb 3.80 30c Jan 5c 120 Mines Leitch 21% Aug v Sep - 1.70 1,000 ' 24 Feb High 38 Jun Jun 1,500 — Acceptance Preferred Lavalie 28 1.30 Secord Laurentide 2.50 Aug Jan 15% 1,190 —______ Apr 80 12,475 1956)— common (extended Warrants 20 23% 93 22% 100 preferred J) 22% * common,— Cos 10 %c Aug 1.15 Range Since Jan. 1 1,252 3,300 Mines Lapaska Apr 25 common.,—_ Cadillac 23c 800 10 Shares Mines. Luz 11% 16c 10% Woods the of Apr 5.05 3.05'July 36 %c for Week Low Lake 13%c Jan May 16c class A——_ Manufacturing Frobisher 4.00 7c 10% warrants—i Fleet Freiman 5,000 Sales Range High 100 B Fittings Ltd Class >2c —1 7%C 50c - — — _ Low 8c Week's of Prices Sale Price Range Since Jan. 1 High 3.75 —1 Kirkland Federated Shares , Last STOCKS for Week Low Par OCTOBER 1 ENDED Friday Range Sale Price WEEK Sales of Prices Last stocks "'7 Week's Friday 10% .Jun j Feb Sep Sep, Aug Mar* Sep; 1 Hahn Brass Class common A Hamilton Cotton pfd Hard Rock Gold Harding 100 —1 * Carpets Harrison Hibbert Mines Head Red Gold Heath Gold Hinde & 1 64,600 9; 559 21c, "May Mining Modern May 12c 16c 27,400 10c Jun 26c Jan Class 6c 6%c 6c July Moneta 4c 3%c •4c 9,000 15c 14c 15c *6,600 15c 42c 42c 45% 50c 35c 60c 6% 13 %c Feb 7%c Jun Montoco Petroleym 30c Jan Montreal Locomotive Mar 16% 16% 51c Aug 50 Aug 25c 25 95c Sep Sep Moore r Porcupine Hollinger Home Consol 5 Hosco 11% Jan 1,533 7.85 8.15 22c 25c Morrison Brass j_"__ 152,250 5c 6c 14,500 ____» 26 26 26% 120 50 51 1 Sinith Paper common Preferred 14c July '18% Aug , National Ltd Jan 28c Sep National National 4c Aug 6%c Jan Jan 26% Sep 45 Jan 51 Preferred Mining Hudson Mihing Bay & Smelting • Hugh-Pam Porcupine Huron & 20% Imperial Bank Imperial Life Feb 37% Jan 27c 1,288 July 30c 9,600 142 142 7 125 Mar 29% 29% 29% 25 25 May ___1 6.30 . 6.20 — 10 6.35 1,125 6 Vic 7%C 11,900 46% 1 47 701 36% 6.00 1Q 69 68% 69 245 43 ♦ of Canada 34% 34% 35% 10,717 28 10% 10% 10% 4,440 9 25% 25% 25% 560 preferred 25 Lake 1 3%c Sep 4%c Aug ordinary 5 Oil 23% Jan 12% 13% Preferred ._____. Aug National Hosiery 2.50 Jun National Petroleum 49% Sep National 51c Jan Negus Sep Nesbitt 29 % Oct New 8.20 Sep New 10%c Jan New Bristol Oils British Dominion New Calumet 142 47% Sep Jan 74 Sep Jan 36 Mar Jan 3%c 3,000 3%c July 45% 47% 2,625 34% Jan 47% 47% 25 34% Jan 47 47% 65 39 Mar 8 Mar 7 Aug Acceptance * common preferred 46% 30 ; preferred ' ' __2 Ingersoll Machine class Inglis (John) & Co. A ■ 8% 100 • * 11% 11% 12 21,550 1 International Bronze International Metals class International Nickel Co Pow 2.18 2.11 2.23 11,350 25 pfd Steel class — — Gold 5% 1.67 -28% 12 %c 13%c 2.01 2.32 , July . Sep;' New Concord May New Jun New Davles 25% Seps 13% Juir, , 57c 71c 51c 51c ^45c 54c 40,100 15,c 16 %c 28 %c 1,708 49c 12,950 2.23 1.77 18,400 13c 91c. - Jan 1.26 Jam Julv July Feb; 2.76 May Jan pne Jan Mar 1.60 55cFeb 37c Sepi Aug, 2.69 July, 1 70c Feb 1.00 Aug 23,136 75c 16c ... 7 Vic May 17,175 2.15 29_ Feb- 1.36 May 4,650 43,700 1.05 Sep' Jan' Juiii , 9 Vic 39c , Apr 7% 2.0» Sep 24 % July - 35c , 28% 6,075 1.00 jun: 12% Au& 1,175 71c Continental Oil 10% Jan 5% 46,675 2.15 ^___. Oil- 13% Jan 1.40 180 1.05 Mines . 5,200 8%c 8c Sep Development—. -i Petroleum. 5c Mar New Aug New Devon Sep New Dickenson 48% Aug New —50c 16 %c Dehli 48% *8% 48 75c 47,025 81c 19,500 10c Mar, 1.53 Mar 12c Jan; 30c . llVic Aug 1.20 1.06 9 Petroleum.— 10c Mines— 2.85 j. Fortune Apr New Sep New Harricana 3.35 Mar New Highbridge - 12% Mines 1.95 July Sep Feb 17% 260 15% Aug 17% Aug New Hugh Malartic 675 29 % Mar 38 Aug New Jason Gold— 48% 13,018 34 % Jan 48% Sep New 132% 134% 225 128 % 21% 22% 1,219 15% 16 27% 29 135 % Jun New Jan 26% Apr New 250 12% Aug 16 Sep Newlund 6,690 20% Jan 29 Sep New Marlon Morrison 28 Mines—. 5c 5c 6c 8,100 4%c Aug 10 %c Jan New 9 Vic 9%c 30,000 7%c Mar 9%c Sep Newnorth 1.68 1.65 1.77 2,800 1.40 Mar 3.80 Jan New 8c 6 Vic 9%c 58,400 5%c Mar 28 %c July New Gold 10 %c 10c 10 %c 3,900 10c - Jun Jan New Richfield 13c 90,500 Jan, 26c 6,500 7%c July 23c Jan New 29 %c May 73c July New Ryan Like 25c 23c 28c 29,400 Sep New 1.60 1.60 1.70 700 7c 7c 4,200 23% 24 425 2.15 Mar 23% Aug 16c 2,051 13c Aug 6c 8,000 5c Jun 10c 11c 12,399 9c Sep 36c 44c 379,046 15 Vic 5Vic 2,200 4%c 4c 4%C 41,700 4c 5c 6,750 4 %c 15c 15c 3,750 8%c 4c 4V4C 5,000 4c Oct 10c 14c 10,000 9c Feb 9c May 25c Feb Apr ,,, 5c l 18% New Superior l Hudson __1 Lake 96 Vic 5c 5c May 16% Mar 18'% 5,234 2,000 7c July 93c 99c 81,870 52c Apr 9%c Jan Nib 19 Apr Jan Nisto klD Sep 44c 3,700 35c Aor 60c May 10c July 24c Jan 15c Jan 47c Jan North* Canadian Jan North Aug North 12c 7c 9%c 32,500 24c 22,100 1.22 1.10 1.22 11,900 21% 21% 22 630 8.50 8.50 8.90 3,117 66c 66c 68c 4,600 3,000 • • 4%c Aug 19c 1.00 "~1 , Feb July 1.80 Norlartic 17 7.75 61c Mar 22 Jan 10% Aug Jun 85c Sep Mines NormeiaL-Mining ^ Nor-pax Oil & Inca i " r • * Mines ■ ■ " 7 ' Feb, Jun 19c Jan 7%c Sep; Feb 18%'c May Jun 20c Sep 5c Jun 12c Sep Gold North 1.331 6c 14c 1.40 2.85 58 Jan 18c 77,000 10c Aug 21c_Jan 10,500 16%c Jun 33c Noythland 1,250 5.00 July 6.60 24c 24c 20,200 May 28c Mines Northwestern 2 9fi. 3.00 1,900 8c Aug 1,590 Ltd Ltd %b 9c 7,000 1.78 Jan 6,400 pfd. 3,000 9% 9% 4,075 3.80 200 11c 45c (1940)— Utilities Mines 2.35 5,666 3.95 47c 1,220 5c 7,500 8,000 q3 50 30 %c 33 V2C 13,150 cn Aug Sept 10%c Jan 19c Sep, Sep 4 Vic Northern Canada .Mines 23c 6.00 Nudulama 2.S5 7,500 Jan, 75% ~ Jun( 12c Jan 6%c May 5c 10c Trinity 21c Aug 7,500 3.80 Warrants 5.95 20c 8%c 73% 41c 49 Vic : 22C Sep 2,300 6ViCr 7%c Oil. _l 6.00 July 35,000 2.52 3.75* Rankin Star —1 ~ 7Vic lie 13 Vie Ltd.^_ —1 —1 Jan July Mar 13c Oils—_L —1 I 9%c 7c 9%c ^ Lingman Mining Aug 8%c 19c 73 Osu 14c 89c Jun 4.25 2.45 7 Vic* Lake 18c Feb Jun Jan 8Vic ,1. Lake Mines May: May 2.10 56,725 Norgold North Ltd Jan; 19c ' Mar 12c Jan 12%c Mar. 12c 15c ; ^ 90c 21 %C 2.11 20c 500 13 %c Mines Oct 12c 2,869 18c 5c Noranda 60c 20c Labrador Mining & Exploration Lake Dufault Mines Mines 7,700 22c 19,520 2.49 9 Vic Nipissing Mines 20c 63c 8%c 11c 2.30 14c 60c l Ltd 25% 8%c l Mines Yellowknife Jun ny8 _l *__ _____ Thurbois 19% 8,000 Canada- Mines 40c 60c l Townsite 5c New of 2.30 18c Oils 10 Vic - July 8%c » 4c 4 Mines 10 %c Jan 12 %c Jan 75c 38c Senator Taku Feb 9c Apr, 10c Ltd Rouyn Merger 36,110 5c July Jun: Mar-; 8,500 Petroleums 9c 1.42 Aug July 5c 32,200 25c 4%c 55c 34t 9 %c 4%c July 10c 17,650 Oils 8c May 13c 6%c Mar 5,000 6c Gold 50c 16c 5Vic 5c Mines 50c _1 Kerr-Addison Keyboycon Mines Keymet Mines Wasa Jan %p 4%c Pacalta » Lake Jan, 40c 5c Norzone 1 Kelvinator Shore 52c Aug 92c Gold New Lake Sep July 12c 16c 15c (John) 11c 18c 11,700 5c Mines * Mining Oils 5.681 49.766 86c U 97/eC 1 Ltd Keno 19 . 3.15 18c 3.95 Jun Feb Oc^ 5 Vic July 16c' 36C Aug 72c 6 J^n 934 Sep Jun 3.95 Sep Jun 25c Jan; 65c Jun 2.15 10c 35c Aug Jan; Jun 9c Feb 92 Aug 93 Vi 20c Jun 50c Sep Jan( 4Vic Jan ■ For footnotes , Sep. Feb 12c 5%c • Mylamaque Explor Laguerre Larder 1 Copper 48c July 20c 15c 13c 16%c Jan 19 1 . Kristina 3.20 39c 10 %c .> Kelore * (1939) Klondike 21,800 24Vi(: May Jan 13c 37% * Oils Kirkland 6,455 32c 2.60 11c l » Gold Kirkland 3.00 30c Goldvue 17 Credits.—___♦ Line 5 Ltd__ Kirkland * 30c . 47% 133 Mines Jonsmith Mines Labatt Sepj 3.75 -Jan •39c 35% 22% Joliet-Quebec Kroy Sep, * Sep. 9 . % May 1.54- 1 Bidlamaque 1 Waite Kenville - 22c ' Mar¬ io Alger 37 » Jasper Oil Kayrand .760 27 28 New Pipe Jupiter - 28 28 5% .- 9% 11% 8,580 109- • 28 j._>—: 47% 5/100 Interprovincial Joburke Jun Jan^ i 33% 2.05 Aug 37,000 - 26% •- July 11%' 11% 20 —__;__25c] Uranium 17% Building Oils 5-j 34,700 Car Labine • Petroleum Jnterprovinclal Jet 19 Jan 39c 35c , ' Jellicoe r13% 13% -13% - B. Mines * A common Preferred International Jack 23c. * Inspiration Mining Jacknife v53c; Jan " Industrial $2 29c 1.70 142 . Imperial Tobacco $1.50 47% "49% * 1 paid Indian 175 1,400 100 common Husky Oil & Refining Ltd Hy-Charger Petroleums 4% 47% 51 2.35 100 Erie Imperial 51 2.35 • — 1^:12% > —_x— Explorations Ltd^—__. Grocers 'common—_: New Hoyle : Mar 24% Jan .408 8 %3.00 Drug & Chemical com. 10% 19"% . rf Mar,i Mar 25 Sep Oct; 17 % 10c 2,200 25j __1 Feb, 16% May *• 15 425 31% Corp. common Apr* 2.15 16% . 41c 18,700 is % 14Vic Sep "10%. Apr- 9,000 y : r 6.85 Aug 6,444 24c 1 Gold Howard 16% " • • , Yellowknife /49 c _.— Sep* Sep Feb 14 Jan .2.90 „ 6% Aug Aug - Oil Homer 6% • preferred 4% Multi-Minerals 6% 631 Sep 43c Jan / 1.35 10 100 May 28 % Mar 2*,700 " common- A 30c 8,240 6 V2 Containers^ 5c 3,053 May, 27% July 1.75 10,200 16% — 67c. , Jan 18c 11,000 1.45 —u—. :—* 13c 598 : ; >5%c" 16 _: - 3%c Aug 16,500 44% * Sep 14 % 300 Grain- — Corp 45c Drill 20) Mindaniar Jan 45% H-I-Tower 17%c Jan 17e , Oct Minda-Scotia Aug > Petroleum Brick 21,500 .* .!_• (expire Sep City 6%c —1 Dauch Milton 28c —1 , Ltd Mill 12 Feb Gas— Pacific & Sep Feb , 15c* Mar 6c & 24c Sep u Mines Rights 7% 500 9c 100 Feb 20c I r 8 7c 22c Lake High Crest Oils Highland-Bell 7% 15 V4C 16%c 9c 1 Iron Headway Heva •_ _ , Lakes of 7% —1 Hasaga Gold 8c Oil see naffe &n. • Volume 180 Number 5365 r ... The Commercial and Financial Chronicle (1367) 47 CANADIAN MARKETS RANGE WEEK FOR ENDED .OCTOBER 1 J* Friday Week's Last STOCKS v Range Par Oakville Wood Obaska Lake Okalta Oils ; Malartic Ontario Jockey Club Ontario Pyrites Co V 4c 90c : ( O'Leary 6% 14.000 71c 3c 1.50 6% 10c 10,500 4'/2c 48,836 1.35 1.60 17c Jan Preferred 2 Teck-Hughes Gold 22,200 Feb 18c July 11c 1 Jan Torbitt Jan Toronto 2.95 May Toronto Opemiska 8.610- 67c 600 65c July 95c 75c 82c 28,320 60c Jun 97c Apr .__* 24 24 24 50 25% 2.31 2.25 2.43 78.660 1.00 Jan 2.56 Jun 3.90 3.90 4.00 1,402 3.25 May 4.45 Feb 1 5%c 5%c 6c "3,000 5c Jan 44c 40c 45 %c 22,800 July Sep 7%c 1 Mines 58c Jan _ Orange Crush Orenda Gold Osisko Lake Mines ; 1.90 Jan - - • Coyle Pacific Pacific 1 (Eastern) Petroleum Navigation. __1 t Western 21% July 30 Vic Parker .; f Petroleum Consol 34c Traders 5% B Gas 35c 5c 5%c 28c 30c Perron Gold 3.00 3.00 8c 8c 43c 43c 900 43e- 50c 16,420 33 Vic Jan 49c 6.00 5.65 5,000 Persbcourt ■ Oil Petrol ? Photo Pioneer Gold Pitch-Ore Jan 32 29c 30c 3.50 50 1,200 '• 8 'Ac 10c •9.000 1.38 1.65 77,400 42c 46c 23,300 39 39 1.30 1.44 6,238 2.24 2.25 • 1.30 Oils / Pontiac i Poplar • 10 %c Acceptance Union ; — «c - : 13% Jun 17 Sep 151 30 Apr 36 Sep 80 16 Jan 29 24 24% Sep 1,055 17 Jan 31 Sep 40% 43 2,570 32% Jan 45 41% Aug 300 32% Jan 525 41% Jun 11,716 33c 19,825 1.65 July 30c July 24% 5,768 19% Jan 30 United 33c 32c 31 Olass Keno Mar ;12c Sep class A pfd Montauban Oils United Jan 62c 39 Jun Van Ventures Powell Power i Prairie 10% 40% 41% 357 20c 2,833 3.80 3.65 3.80 11,200 30 30 720 28 300 16 60 60% 125 Sep 56% Jan 6.70 6.70 7.00 2,700 0.25 Feb Mines 25c 26c 6,750 21o July 1.08 1.05 1.12 16,850 72a Jan 1 * —; 75c 1.65 Oct . Upper Canada Mines 2.46 95c Roi : * 5,500 31c Premier 5 • . < > - Trust Pressed t Border Premier ♦ 37% East 38 1.55 Sep Jan 2.44 Sep Viceroy * Jan Vicour Sep.' Violamac 10c May 24- Mar 70c 28c 1 •*31 1.36 Sep l.Ol 65c 66c 46% Pronto : 51c 420 •< -Jan 1.85 Oct Waite Ltd Mfg Walker class Mines — 1 _ 4C 72 •'.* 84c 9c Quebec Copper Corp .1 •'• 3c 1,000 • 73 21 • r 1 Quebec Labrador .1 Quebec Manitou 3%c 3%c 1,000 3c 17% 18% 5,241 1<"« 8% 2,375 7% G Feb 6%c c 8,000 11c 19,400 12 12% 3,870 64% 67% 4,274 7% 7% 100 21c 22c 3,000 4,000 5c 20c 10,350 13c 355 Western Ashley 1 nc 12c 14,350 .—5 22% 22% 22 % 1,200 5.75 July Western Tungsten Weston (Geo) 1.10 24,450 62c 9,400 10c 56c 5.50 Mar 12c Jan 3,900 Mar' > - 1.20 Mar 16c 3.50 3.65 625 42 %c 45c 8,600 37c Mar 21c 22c 6,000 18c 1.03 Jun 2.50 Feb July Aug Sep 5.10 Aug 7& < 43%c May Jan 21 20% 21 2,383 8 __ 5 8% 225 13% Mar 8 21% Feb 11 Sep July A * Ltd • common 100 White Hardware Willroy pfd Winnipeg Winora Electric Gold Radiore Uranium Rayrock Red Gold ——. ' Rexspar Ri'x-Athabasco Robertson Robinson Roche Uranium Mfg —, Roy 1.22 1,251,980 38c 17c 16,200 11c Aug Aug 23c 8c Apr 12c Jan Jun 1.80 4%c 43c 1 1.25 1.80 4%c 1.00 ; 1.08 19.065 "87C Mar 45C 50c 26,073 43c Jan i:25 11,197 1.20 400 1.30 Jan 2.00 500 . 3%c Feb 7%c Apr 20 22 81 2.00 1.05 July 385 .'.,18 22 3.00 15c 14,600 10c 2,625 lc 1.000 7,550 10c Feb 58,000 5c Aug 18c 37% Jan 46% 43% 6%c .19c 44 44 3,385 2.55 2.75 37,910 12% 13% 4.010 Oils * 7c 8c 5,300 2%c 8c 3%c 3%c Corp Antonio Gold 15% Sapphire 9%c 9%c Scarfe class A—. Class A Sicks' 90c 90c 97c 1.95 225 2.12 8,800 27»/z 51% ' , 4,565 815 52 30 50% 50 60% Aug ijj 28 455 27'% 35 15c 7,800 96c 1.00 35,808 27% 83c Aug 1.55 Jan 1 96c 13c 13c - . HVi 11% 11% 1,214 11% 11%- 11% 110 ——————* : 1 18% 18% 39c 38 %c —- Simpsons Ltd Siscoe Gold Slater Somerville Souris 13% Tin 310 52% 52% 30 42c 1,000 34%" 34% 35% 380 ———* 20c 20c 23c 13,050 —■____* * ." 25 —50 * — — —— Spooner Oils -»—L— (1944)— Mines Standard Standard Paving Oil Starratt Olsen common— class Radio Stanwell 6,400 13%. r__„20 Southam Stadacona 1,842 40c * preferred Valley Co '_ 19 J 52% Co common..— (N) Gas & A_1 42c 1 Zenmac Metal Steeloy Mining Steep Rock Sterling _* ; Iron Gold—' Contact Sullivan Cons ——— Mines Superior Propane Ltd- pfd Supertest (ordinary) — Common Preferred Surf :*—■ —; — — Industries Sylvanite Gold 5%c 1 —1 14c 18%c 3.80 25 * Ltd ; Mines Jan Feb Sep 1.70 22,848 1.14 13c 15c 17,433 9c Feb 22c Mar 1 17%c 17c 19%c 35,500 13c Aug 27c Feb Co 1st Sep Bulolo Sep Canada <fe Canada Gen Jan 30 July 29% Aug Canadian 18c Canadian Jan Jan 1.20 Apr 9 %#Anr 11% 11% Sep 81c 9 14% Mar ju-^35'c Mar ' 19l/„ Tlllu 12% July 47% Feb 40c May Coast Dominion 23% 530 18% Apr 35% 36% 2,470 18% Apr 15c 5,100 15c 21c 57,700 3.65 3.95 27.938 ^4 240 18 1,025 18 18 50 103 103 20 —50c 13c 11%C 14c 19,500 3.00 2.85 3.00 2,400 1 1.20 1.16 1.22 8,125 40% 44 105 50 9%e 15 50 9%c ■ 11.500 398 161 2,950 890 175 50% 50% 6.40 6.65 21% 21% 16 16 — 34 30 34 27 27 28 66 23% 24% 5% 2,184 __ 5% 101 32 May 23% Jan Aug 16% Sep 116 Oct 52 Sep 7.25 Feb 21% Aug 16 % Aug 36 12% 76% 56 77% 1.60 57 100 1,672 14c 17c 2,100 13c 19% 17 6 12 % 77/2 2.60 58 A 15% 17 28% 33% 54 28% , 765 45 Mar 29% Aug 26/a Aug ' 10 Jun 64 Jun 1.Q0 Mar 12 — * . 20% July 4.40 Jun 12% * —— July Aug Sep May 19 t 5.60 Feb 17 Jan 13% Jan „ 6.40 21% 1 Lumber Dominion Glass 13% Jun '53% Jun DuPont of Aug 80c 34c Sep Feb common Aug Oct Sep Aug Aug Pato '24 38% July 4Vic Aug 6.50 Jan 13c 34 40 Sep 14c May 13c May 1.65 Feb 23% July 15% Jan 15% 101 10c Feb Jan May 1.60 Feb 1.08 Jun Flour Paper - 36'% 5 — * common— 35% 100 Jan 8.75 July Price 5.20 1 Brns - 40% * Canadian Third — 1 Oreille 37 25 54 54 38% 38% 24% 24% 120 35 36 30 11,790 615 1,080 ' 100 July 23%c Apr 20 A Aug 17% Sep 35% July Apr < Sep July Jan Jan M»r 6 Jan ' 34% Jan 38% Sep 77/2 36% 9 55 190 Gen Invest —— 165 165 4.70 5.30 4.60 40% 4.85 41% 5% 5% Sep 18%c Jan 28c 4.15 ^hts840165 ?? £ 24 Sep ,! 26 Sep July Aug Aug g 95c 50c Yukon Sep ZCller's sNApr ♦ Ltd - 95c 48%c 24% ¥5 57c 25 U85 29,800 310 ffE 15® 3.50 Jan s to ^ ^ 41 Va July 12 Jan 4.80 Jan 95^ 5? «c 20% Jun FOOTNOTES FOR OUT-OF-TOWN AND 18% May 105 20c 3.10 Feb Jan * , No a Odd oar . f.OO wc 27 lot Sep 1.25 Aug sale year's d Deferred 45 51 Aug f Flat 14c Aug rCash e '(not included delivery sale (not included range). Selling ex-interest. price. sale dividend, Admitted to unlisted trading privileges, When delivered. wi When issued, * Ex-dividend, y Ex-rights. z Ex-stock dividend. (Un) in range). year's CANADIAN MARKETS ^ Ex-ticiuidating value * (not included . in yearVs range). Sen 5.30 Sep 6 3.58 F«b May 18 ~-2 c^a;tid"i:::z::::::-3 Jan 25 Sep Sep 625 * class A Consolidated Pend 44 Mar 8% — 6 - Breweries 37% May 9 Vic 8% - 30% 40% Jan Jan Aug 36% 30% ——» , Inc Minnesota Si Ontario Molson's Ogilvie 35% __ ——* Paper Utilities 11% May Jan 75 36% com—"' 26% July 18c 75 5 Securities Canada Jun 1.00 7% 540 100 2,104 272 589 1,130 19% 20 Interprovincial Utilities Loblaw - 19% 17'A 31% 38% 77% : new May % 56% * pfd Steel Hayes 1.60 * Preferred 14c 116 30 % 24% Bridge Mar 44c 26c May 25 112 * 21% July Jun 10c 9,350 116 24% Jan 16 Feb 8% Jan 87 Jan 49 Vn Jan com Oil 12c 3,500 17% Ltd Paper Dalhousie International 13c 17,000 50 23,168 5 International Jun 40 19 16% * (1954) Copper, Jan 36c 7.20 19 * common Invest Westinghouse 36% Aug 17,481 5%c Jan 7% Jan 15% — * <_ 12% 35% 11% 81% Jan 16% 5 Sugar Marconi Jan 85c 5c 810 2,457 630 30% * Western 29% 62c 7.00 34% 11 34 7 25 Jim Feb 100 10% 29% * Bronze Canadian Feb 7 10% High Low 7 34% * Dredging Indus 24 7 , Eang* Since Jan. 1 High 1 Banknote Dominion Canadian 23% Shares * preferred Gold for Week 5 Paper Develop Vinegars 2nd Sales Range * Jun Canadian 6 13 & preferred Canadian 10 %c July Curb Section Week's ♦ 2.50 5.40 — of Prices Low * common Sep 20 '■ Last — American Brown Jan 24 %c —* 9 VaC 1.80 - 1.63 Corp British Aug 40 —100 __1 9c 13c Pulp Newfoundland 11c 4.276 23% .50 14c 5%c Jan 1.65 Mines Canadian 51 2,780 - Preferred Tandem 5%c July 500 1 National Jan 3.75 May 10% 24* common. 63,540 Par in Tamblyn 13c 6Vic Friday 44% 7%c May •25% 26c 26 %c 40 7-05 lie 6Vic Sale Price July 24% —* Inlet Switson * --1 . Sudbury 35% 1 20 Mines— Trusts Sturgeon River * — 1.96 Mar Jan __, STOCKS I Canada of 1.00 1 1.45 ' Bros Steel Feb Sep Jan Canadian Fnnda 53 22% .—_———* Stedman 6.00 Sep 13c Toronto Stock Exchange Jan 12 %c 70c 1 Gold 3.75 Sep —1 Mines 39■ 10% 26c * Ltd 18c 103 -1 Bear Yukeno Consolidated * * A 330 Aug 1 j 14 ' ' 1 : class 3.40 104% Feb 6c 98% Apr 1 Oil Mines Yellowknife Sep 13% 1.50 Jan .'11 • Mar 3.50 1.95 — Class B 3.35 97% Sep ?inc Yankee Canuck Anglo 36.663 27% Dairies Silverwood 75 Sep & Yellowrex Anglo 3.30 2,000 —— 22,000 Jun 12% Aug 50c Sep Jan 521,867 Mines Silver-Miller 8c 103 - Peb Mar 11c 1.85 8c —— 140 6c 102% 6c 9Vic 10%c Jan Aug 7% 22c Jan Jun 5.40 , * 3,655 102 102 % 102 102% 5c 12,100 ' 12" 80c' Jan 6 Vic Mar 18,500 7c 5%c Sep 4.45 Aug Sep 2,810 Andian Jan 4.90 ctfs trust 7c 48% 1.20 July OPo 15,100 Feb 1.26 7%c Mining 26,020 41c Jun 37% common——;—.* Breweries Voting Silanco 75 100,495 5%c 11% __ 11% * 4 48 2.25 40c 46'Ac 1.77 19% 821 5.30 — _ 38c 4%c 725 51% Mines July 43c 1.65 Sep 59 1 (1954) 48 48 1.85 __ 1.87 100 Jan 13 13 Sherritt Gordon May Mar 40c 17c 1.45 50c * * 50 1 preferred—,.— Shawkey 103 13% Sep 2.90 2.97 — Oils Ltd- Security Freehold Petroleums— Shawinigan Water & Power com Jan 1.65 " Rainbow Scurry 80% 100 pfd 3.25 July Jun 1.41 57%' 57% * 248 * 9c 1,100 1 Petroleums Ltd— 103 1 Lead 14% 535 1 >_■ 102 05c Yale 2%e May 6,520 15 —1 Lawrence San Sep 103 5.80 Mar Mar Wright-Hargreaves Asbestos St 51 Apr July 2.40 10% , 1 _____* Ryanor Mining Alexander Jan 21c 7c' July common-, Jan 1 Wood Mar %c Aug 2.75 Gold 34% 36e Feb 20c July 13% Industries 873 Jun 6c 9c —* Rupununi 7,850 50 Feb 6 Vic .9%c July —10 ; 60c 48% Jan lc 1 56 %c Sep Sep Oil Royalite Jan Feb 2.00 11c 11%C * Royal Bank Russell 1.65 Sep May 13c — _ Silver Rundle 1.27 74c 9%c 14c —1 1 - 1.70 4%C ; 1.03 1 59c 48% Jan 3.80 Aug Apr ■9,600 20 Lac Oils 1.25 Aug 1.22 Sep 9V2C 2.00 Warrants Roxana Mar 15c 82c common Consol Rowan 54c 8%c 1 pfd— $1.00 Cotton Long _____— ——„. 25,350 %C 1 —— Uranium Rio Prado Oils 8 1 1 — — 1.15 17c 1 MacDonald Regcourt 1.06 1.18 _1 1 Petroleum Reeves 1.09 1 J. Mines Poplar Reef Mines—.— preferred—, , H) Sep 38% July 1,450 _1 (G 24 25 4.20 J. ru* Centraf Gas——, Wood 17% Feb 38% 4.00 1 Layder, & Jun 19%c May 38 % , 1 Wiltsey-Coghlan Winnipeg Jan Mar 4.10 50 Petroleums Winchester 9c 23 July 33 Jan 33c . 20% Jan lie Sep 39c _* Mines Wilrich lie" Jun May 8.00 Aug 1 Leaseholds Preferred Jan 5C __ 13 69% Sep 5%c 4.00 7%c Mar Sep 9%c Sep 2.20 Jan Sep 21% class 98c 19c 21 Breweries Sep 8% Jan . 19c Grocers '• Apr Jan 20 % May 4.30 Mar 20c Canada 7% 50 21% Oils Western 2,500 12c 1 Territories Western 9c i:00 Consol • 75 > 3.05 July ' _ A Jan 5c ■ ;IJ0 Jan 64% * West Western 34,120 10c 44c , -i Mining Milk qiass July 1.67 1.57 Aug lc '• Sep ..25,430 90c ' -1; QUemont 14 6%c Apr 1.80 _1 Jun 4.85 500 8.225 ■ 9% 1.66 1.70 * Pyrites ' Quintq Apr Jan 1.47 Mar Jun 12% W & 4.25 5.20 r — Corp." 7.70 98c reo 8% Aug 18% Aug 61% July 1.01 Jun Products ' Gold 31 8% 1 15% July 4.80 ■ * Metallurgical Jan Jan Westeel Sep Feb 3.00 Apr 7%c .1 Nickel July 4.45 July 11% Apr 1 2.50 Mar 70 13 ; 1.02 Queenston 22c 385 • Jan Feb 7,500 ■ Amulet Wekusko Jan; 48 Sep Aug 4.00 4.70 1 Quebec 43 Jun 3.30 5%c Jan Jan 1.40 4.10 5.15V , * -— Quebec Jan 15c 14 * A Mines Weedon 38% Aug Mar 35 i;ioo 3.85 3.85 Mines. Mica Purdy / 26 l',600 . 13 _1 Airways 8% Mar 33 17% * Mines Feb 40c Aug * ' 73 u— Uranium Prospectors 3,087 • 47 *• 1.80 4c —— .... Dome,: 11% Aug 10'/a Aug Apr 2.46 Feb 12c " ,■■■' * Metals Preston 37% 47 "——III - 35c Feb 1.29 Cons_ Mar 1.41 ~ 130,960 33c 2.32 ■j. — * ——_ Jun 9 1.25 13% 1.27 1 # __ 12,700 1 •— Oil : 1 i ___* Rouyn Oold 19a 525 16 16 " ' ■ Corp Jan 3.50 Mar Jun Feb Jan 14 VsC 18c « Steel Mar 42c Jun 10% * United Aug 670 50 Feb Jan May 7c 177,810 40% July 2.55 2.55 Jan 30 Hill 45 30c 28c * Fuel United 38c Feb» 11,300 11% , ) 22,990 24c « i 2,000 3.10 11% 1 B United Sep -33» 1.720 70c 2.46 Oils River 7Vic 2.96 27c Corp class A 39c J Powell 36c 7Vic 3.05 r* Asbestos United Sep 65c 21% 22% 1 Feb Sep 42% 45 1.92 * common Jun 280 31c * 13 Sep Jan 1.70 25 _9 Olvr 1 1.20 Mar 1.80 * Mining ,75c. ; 14,900 29% 70c 1 * Line Gas Union 8.40 Mar May , 15 !• 10c 10 %c • ——. * Petroleum 3,700 16% _* Aug 55c « July 700 '1 Development Ponder 1.58 ' 1 Placer Pipe Resources Preferred Jan 1.00 - July 24c Oil Petroleum Union 5.00 Mar 12c - Aug 10- 99" Mountain Trend Jun 2,815 12 101 39 ——1 i 61c Mar Jun 1.65 ___« - J Jau 43% 46c 11c 38c Aug 43c Uranium 35c 35% 1 Jan 7c 8V4C —1 Mines Gold Crow 15,215 33c * Jan 3.00 6.50 " 29c 1 - ——„ 53c - .1— Gas 19c 1.82 Tungsten Corp Jun 1,000 12 " - ——1 Mineral- & & Engravers Pickle J; Goldfields Oils Peruvian Sep 43% Triad Oil 11c * 1,115 ' f 11 %c * Sep 47/8c - 144,750 - 100% * —~_100 — 13,500 41% Feb Sep 47c 8c 1 : com — Aug * Transcontinental 11% Mar 74% „ 3IV2C 4,900 *• Trans Jan 94c 40 Oils Era Sep 1.60 July .,24 * — — Sep 2.71 40% * preferred Empire Oils Trans Feb A 12% Jan 24% * 187c Apr Mar 33c class 12 1.83 35% * ; Jan Sep 10 25 —1—20 com ,1 8% < High 16% * Works Finance Class 1.35 Mar 59 %c Aug -- 61c 5%c 1 * 2,120 17c 1.54 1 General Trusts A United i ' 60 ~ 28'/2 c 50c __ Jewelers Preferred 6.20 620 4,000 1 : Natural Credit 65 82c * — — Paymaster River 643/a 721/4 C Jan Sep 1 Malartic Peoples 10.507 9.00 - 65 85c 11 Vic 1 Pathfinder Peace 9.65 9.35 2,100 72Vic 10c . — Drilling ; Partanen 35,700 - * Oil Mines 14c * Paramaque Mines Parbec 13c 1.35 11 Vic ' 1.25 1 Pamour Pan. 1.15 1 Hershey Tubes Porcupine Page 99c 46c \ 200 47,626 14c 14c ■ Iron 515 10 2.42 95c. 1 — Elevators Class Trans Pacific 9% 10 I Silver Toronto May Low 2.20 2.20 Rang* Since Jan.1 hujH Jun 1 common Copper 2.65 78c * Steel 2.60 i 65c Ontario 2.60 * 1 ; Gold 1.96 Aug ♦ ; Ltd Tombill 18 Vic 1.15 July 13c —1 Calgary !____ Thornpson-Lundmark Jan Shares Low —10 Texas May for Week 9 1 Mines— Sales Range of Prices common Aug Sep 14 3 Vic * Pearson 9 Vic Mar 7c 4,400 14c * Par Taylor Mar ,, 85c Sep 60c Week's Last Sale Price High 8 - 11% Mar -50 . Feb 5 Vic 3,725-. 14 ... 9%c 10c <——* 490 70c 14 4 Selections 71/2 6 71c * ; __ Ogama-Rockland Oil 67/a 1 : „ Specialty STOCKS Jan. 1 Range Since tO Iff ' Hiqh 7 * —— Gold O'Brien Office Shares Low * . Friday for Week of Prices Sale Price .. Sales jan Aug 4S The Commercial and Financial Chronicle (1363) OVER-THE-COUNTER Monday, October 4, 1954 ... SECURITIES Quotations lor Friday, October 1 Obligations of Government Agencies Investing Companies Mutual Funds— Affiliated Fund American 1.23 Investment Co of 5.61 6.07 Investment 1 4.43 4.73 16.13 Business Shares Atomic Inc Inc—1 Fund Mutual 14.86 Johnston 1 11.57 "A" Inc—l "B" Inc—5 Axe-Houghton Stock Fund Inc_l Holdings Corp . 1 Ridge Mutual Fund Inc—1 10.95 21.98 3-51 10% 3% 11.52 H-90 23.89 3.84 11% 4% 12.52 -* 22.41 _—--l 27.88 24.10 30.14 1 Inc— Axe-Houghton Fund Axe-Houghton Fund Beneficial Blair Blue Bond -1 Corp Tr Inv America of Fund Boston 1 14.98 16.37 35.41 36.13 Bonds) —1 27.18 28.36 of Boston Inc B-2 (Medium B-3 (Low Priced B-4 Grade (Discount Bonds) (Income Stocks)—1 18.74 9.72 S-l (High-Grade Com Stk)—1 13.65 (Income 1 10.82 (Speculative 10.02 (Low Com Stocks) Com Priced 9.36 27.01 29.20 Knickerbocker 29.67 32.50 Lexington Trust Fund 11.13 — Loomis 14.02 15.18 4.57 5.01 23.24 1 1 : Capital Venture Fund Inc——-1 Century Shares Trust--———1 Chemical Fund— —1 Preferred Investment Commonwealth Composite Fund Bond 16.06 1 Inc 144 17.43 7.86 8.54 Inc— 1 Composite Fund Inc 1 Inc 1 Concord Fund De Vegh Mutual Fund Inc 6.31 24.11 2.98 3.26 —10 Corp Mutual 11.85 12.99 * 10.53 1.145 Fund Fundamental Investors Inc - Industries Fund Inc— 26.67 3.34 3.63 General Investors 1 Trust.: 21.96 24.00 1 1 Capital Corp.—i' 72.67 7.02 Automobile New 13.94 15.23 4.92 5.39 12.69 7.88 13-89 8.64 Pioneer lc 10.19 11.16 Price Stock Fund-lc 10.20 11.17 bond Petroleum Pine & Street Trading Merchandising Mining shares 22.22 Fund Fund 100% 8.94 9.80 11.75 9.42 9.81 lc lc 9.57 10.48 7.16 7.85 asset 25 Inc„1 15.40 32.54 value) 18.17 1 1.00% shares— shares 8.96 9.82 9.19 5- 3-54 11- 1-54 bl.25 12- 1-54 bl.25 12- 1-54 bl.25 1.05% 1.50% 4- 1-54 1- 3-55 bl.25 1.05% 5- 3-54 2- 1-55 bl.25 Farnham 3.87 4.26 Television-Electronics 9.08 Texas United States 1 Funds United 32.95 33.94 Guardian Mutual Fund Inc 1 13.94 14.37 United Haydock * 21.65 21.65 United Inc Hudson Fund Inc 1 Investors 15.19 Bid October 1 2.44 7, October 14, 1.06 96c Line Value Line Institutional Fund Fund—1 9.52 10.38 6.31 6.90 Fund—1 8.26 6.36 Shares-1 15.84 17.23 1 7.73 8.45 5.61 9.83 10.71 Fund-lc X17.36 18.99 Washington Institutional Inc lc 6.05 5.52 Institutional Inc Inc Fund 1 lc 1.45 1.60 13.90 _1 23.29 25.39 1 22.16 23.96 1 Inc Wellington Fund Wisconsin 17.61 12.96 4.87 5.2S Mutual Fund Whitehall Fund Inc Fund 17.26 1 Investing Corp Investors October October Bid Aetna Casualty Aetna Insurance Aetna & Surety 10 10 Co Life 10 Agricultural Insurance Co 182 Investment Co Companies 69% Par 71% Home 138 142 Steamboiler _ Insurance Co _ 10 _ _ North of 5 Amer„5 10 33% 35% Jersey Insurance Co of N Y__10 4 52% 54% Lincoln 5 34% 36% Maryland Fidelity & Casualty_5 $1.25 conv preferred 5 29% 31% 30% 32 29% 31 Automobile— American American Equitable Assur American Amer Ins Co (Newark N J)—2% American Re-insurance American 5 Surety 25 Automobile —10 Bankers & Shippers 26% 69% National 99.854 1954- 99.958 99.966 December 9, 1954— 99.824 1954 99.941 99.950 December 16, 1954- 99.803 99.813 23, 1954- 99.782 99.791 1954— 99.763 99.770 4, 1954— November 12, 1954 99.923 99.932 December 99.900 99.911 December November 99.885 Par Manhattan Co (N J)—5 Connecticut General Life 10 27 28% New Casualt (ex 2 for 1 stock Crum & Forster Employees 341 351 Co— 10 Group Assoc 85% 10 Inc 82% 63 (White York North _ Fire River__ Northern _ State __ * 63 10 64 31% 32% 90 94 10 52% 53% Bk & 65% 67% Reinsurance Firemen's Franklin of Philadelphia Fundus of Newark Globe Falls & Pacific Fire Pacific Y) Bank Republic Corp 36% 38 Republic 73 44% Seaboard Surety Co 74% 77% Security (New 440 435 450 National 20 Bank Trust 265 Co 50 250 City Bank 16 57 58% 10 41 42% Bank Commerce of Connecticut 70 74 10 32% 35% 10 52% 54% 25 40% 42% Bank-12.50 55% 57% Trust 25 85% 88% 20 46% 48% 20 40 42 20 54 57 17 54% 57% Hartford 45 —10 67 National Bank 71 20 72 74 20 Detroit Bank of National 96% Irving 10 27% 40 170 180 _10 31 Detroit Jersey City 37 34 Trust > Kings County Trust Co Trust Manufacturers Trust Co Meadow National Brook 20 75 73 Bank of Freeport 20 Morgan (J P) 37 Bank National First 295 Los Angeles Pittsburgh Nat'l Mellon 305 St. Public Trust Nat'l 25 Bank & Trust_17% Rye National Bank Sterling National 2 25 Trust Co Trust States & National 10 100 53% 55% Boatmen's 25c 20 Rights York Bank Louis American National City Bank New Nat'l Security-*irst 40 100 & Co Inc 35c First 130 127 50% 48% 8% 7% 153 143 18% 17% 305 295 -10 29% 32 Bank National Bank National Bank Manufacturers Bank Mutual St 31 53% 56% Trust 25 61 65 Union Trust 20 64 68 Louis Trust Tower Grove United Bank Bank Trust_20 & Bank & Mercantile Co Bank & 25 Trust—20 75 100 162 Trust— & Francisco San State Bank of Albany Recent Bonds— Bid Commonwealth Edison 3s Illinois & Tel of N Amer T & A—6.25 S 36% 37% Security Issues Ask Bonds—(Cont.) 3%s 1984 103V8 103% Southern 3s 1984 100% 100% Tennessee Gas 1984 100 % 100% United 1980 k__ 1979 1984 102 102% 1989 100% 100% 1989 100 % 101% 100% Northern 1984 101% 101% Light 3%s_1984 Panhandle Eastern Pipe Line— 102% 103% Bid Ask 102% 12% 46% 2 10 51% 53 % 43% 45% Montana 27% 29% Co 3%s 32 34 101 76 106 Central RR 3%s W»st Calif Mountain States Tel & Tel— 3s New Jersey Bell Tel 3s 3s—1979 Edison 100 100% 1974 104% 104% 3%s_1979 101% 102% 1984 99% 3%s Pacific RR 4s 102 27% 91 94 30% 32 % _2 12 13% 10 56 Pacific Power & 3%s 3s Maryland RR 31/28-1979 59 Public Serv 45 47 Southern Bell Telep 10 43 El Power & Paso Louisiana 4.16% 5.65% Power & pfd • pfd_100 Havep)——,—10 43 States 21 Springfield Fire & MarineStandard 38% Travelers Fla)_2% 26% 28 U S Fidelity & Guaranty Co„10 80 82 bBid Hanover Fire. 10 42% 44% U Fire_,_ 3 50 52 k Admitted Hartford Fire Insurance Co 10 173% 178% Westchester Fire 2 27% 29 18 10 _100 ,53% 67% 1,355 & 100 No par 101% 101% 103% 104 3%s_1984 104 V8 104% 5.85% preferred 100 106 108 3VsS—1989 102% 102% 5.12% preferred 100 103% 104% Gas value. yield Stock 101 100% Tenn Gas Transmission- FOOTNOTES FOR OVER-THE-COUNTER ISSUES 70% • 100 110% 100 xl00% 56 % 1,395 102 Power— preferred 45 El 46 100% 109% Light— preferred Northern 4.11% Lgt 4% Nat Gas 46 19 100% 1979 Light 3%s 37% 100 100 1974 —— Peoples Gas Imprvmt Power Stocks— Dallas -79% 25% Gas- Penn Western 3%s Power 6.25 Accident 36 107Mi 10 , 34% Peoples 1st Nat'l Bank & Tr 41 26 43 S 312 425 & Trust Co 34 5 ■* 93% 5 (Jacksonville 44 432 Industrial Bank of Commerce-10 5 Gulf Life 41 420 20 Franklin Square N Y 11% 10 : 304 100 30 Guaranty Trust Co Hanover (The) Bank 44% 5 St Paul Fire & Marine; 42% - 28 100 Bk—100 Bank Cleveland Union Bank— Boston Edison 10 Y) (Texas)—,— 70% 99% Connecticut Bank & Trust Co_25 Amer Tel 10 (N 67% 96% Trust & Savings Cleveland 36 150 10 Rochelle Globe & Rutgers Fire , 33 142 & 4 Bank National Great American 92% 100 Trust 63 11% - 70 10 5 - , 90% 10 Trust & 25 50 IS 30 73% : 5 Corp 47 Bank National Central City of N Y New Ask Trust—33 % Northern Trust Co Bank Trust—20 60 10% Indemnity Co 4 Life General Reinsurance Glens F) Harris 48 Tr__25 28% 70% Providence-Washington 2.50 Assn 50% 46% First Westchester Natl Bank of Bid Illinois 48% National — — 3.33% Peerless Casualty Co Phoenix : Fireman's City Nat'l Bank and Trust Continental 56 10 National of the 102% 2.50 _ _ _4 Fire 433 54% 10 51% 12.50 _ _ Federal \.10 42% 40% 421 15 Trust Plans-N 5 Fire__ Employers Reinsurance— Fidelity & Deposit of Md 39% 65 66 10 —100 Bank & Exchange 4 - Casualty Hampshire Northeastern split) Par 10 National 5 New Fire New Amsterdam Continental Ask Chicago Trust 10 40 Assn Bid York New Bank of the Niagara Mohawk Pow 3%S_1984 Manufacturers 76 Ins 30, Bank & Trust Companies 47 & Union 99.835 99.896 18, 1954 303 Merchants National Ask 103% 43 National Fire 71 Fire 101 % 293 28 38 ; Co Bid 45% 72% 5 Assurance lo Insurance Camden 43% Fire 121 Dollar Value Ask 81 Merchants _ Ask 77 37% _5 Boston 10 Life Bid Casualty common 1 $2.10 prior preferred _10 Massachusetts Bonding 5 116 Treasury Bills Albany, N. Y. Ask Hartford 7- 28, United — • 1-54 21, Trade Bank & Insurance 10- 8.98 5.82 l 8.32 Street 1.15% 1.25% 99.875 26.54 7.61 Wall bl.25 6- 99.843 26.54 5.13 20.00 1.15% 1-55 5- 1-54 99.863 Corp—* 1 18.29 1.15% bl.25 4- 2-54 9- 2, 1954— Fund—1 1 lc 1.10% bl.25 1-55 1-54 8- 1.20% 26, 1954— 70.00 Fund Fund bl.25 2-55 7- 1.20% . December 69.50 Fund Income 1-55 1-55 November First Van Strum & Towne Fund Inc_l lc Ask 1.10% 3- 99.281 Long Island Value Institutional Bank Fund Bid bl.25 1-54 99.995 Fiduciary 14.25 Institutional Shares Ltd— 99 99.976 10.77 Inc— Science 99.20 1954 Federation 1 Income 99.20 100.2 1954 17.29 Accumulated United 100.2 99.993 34.06 Continental Fund United 2.23 13.18 14,05 Income Foundation Fund Inc 10c Due 6- Dollar Value <9.84 Inc Fund 100.2 1.10% Franklin 8.28 Dated 1.30% 1.05% 1-54 18.17 10.07 lc 98.24 : 1.40% 1.00% 1-54 6- 15.99 Investors —lc Industry Shares Inc Rate 3- 31.50 Stein Roe & lc lc Insurance bl.25 1.60% 1 Shares State Street Investment Fund 1-54 National 4.99 Growth Ask 11- Empire Trust 4.54 shares 32.54 (net lc Institutional Bid 1-54 Clark— Fund 2% Equipment shares Due 2- County Trust Co Shareholders Trust of Boston—1 Foundation Dated 1.90% First Sovereign Income 32 , (Net asset value)—* Amer 100 100.6 Federal Intermediate Credit Bank Debentures Hate 8.90 Stevens & Clark Selected 1959 April Corn & 1, 1%S 33 Stock 1959 Oct. 101 Chase Fund Stevens 15, l%s 100.24 31% Inc 99.12 100.12 1956 Commercial Fund 1958 100.10 1955 1, 23.81 Common 99.12 April Feb. 22.02 Scudder, 1958 l%s 1%S 1 Scudder, 10.73 1, 1, 100.14 101 Chemical Bank 9.42 lc 99.26 100.30 17.99 9.64 Incorporated April 1957 1955 23.45 3.23 Fund l%s 103.4 99.30 100 1, 15, 16.64 8.60 shares Dec. 1957 Oct. 100.12 Bank of New York 8.80 Utility l%s 15, Bankers 2.93 Tobacco l%s March 1954 18.44 lc Growth 15, 22.99 Scudder Fund of Canada shares., stock l7/aS Dec. 1. 1 %S 23.71 lc Steel Treasury Notes— 18.06 Railroad Railroad ls/8s May 15 1957 27% 14.09 Petroleum shares RR l%s 100.6 April Ask 101 103.2 27/8s March 15, 1957—: 100.6 99.31 — Stock 6.55 shares Bond 100.1 100.4 21.81 stk div) 5.97 shares.lc Bid 100.24 100.4 1 (Geo) point a Treasury Notes—(Cont.) l%s Oct. 1, 1956 100.13 1955 1 (ex of 1955 1 Growth Rowei 32nds more 15, 2.50 Inc Inc Fund (T 8.40 26 —♦ Putnam shares—lc 100.4 112 % 7.27 —5 Inc shares—lc Bond 20.55 5 Fund or 17, 3.07 6.99 shares Institutional 3.45 - 6.37 shares 111% Shares— lc Industrial Machinery 1955 one 22, Puritan Fund Inc shares Fully administered 3.15 1 Trust lc Equipment 99.28 1961 March November Canada of preferred lc lc General 1 Fund Inc—lc Pacific Amer Investors com„10c Chemical Food 6.93 1956 Building shares.: Capital Growth Fund Electrical 1960 Canal 3s 5.86 4.15 1955 Philadelphia & 5.36 6.34 Fund Series 8.87 shares 1, Feb. l%s Aug. '9.13 3.80 Series American 17.44 (The) 8.35 1 England North 8.09 Electronics 100.8 l%s May 7.56 lc 15.93 Common Is 100.11 11.19 6.92 1 Series— Inc —lc shares: shares. 102.10 100 16.23 10.24 1 Series —lc Aviation 102.2 1, 1959 18.51 15.01 1 Series Resources $1.50 Group Securities— 99.28 1, 1958 Maturity— Indebtedness— of 78.14 6.46 17.24 1 Stock Series Gas General 1 1 Series Fund 24.34 1 99.20 2%s May 2%s May Ask 1.35% 1 Growth Stock 8.04 < : 1957-55 2%s 1.30% Series Preferred 7.35 2 Inc Futures —1 13.10 Series Bond Natural lc series stock Preferred 13.55 Fund Balanced 9.04 X8.25 Bid National Security Series— Natural Resources Jc 100.6 — Securities— Wide Speculative stock series Common 13.55 12.05 Shares— beneficial interest Stock Franklin Custodian Funds Inc— 100 1957 1.45% Trust Income shares—1 interest Beneficial 9.56 value asset Net 53% 51% Formula Fund of Boston— Founders 8.70 1 Corp— National Investors Corp Fund Inc_l Industrial Boston First 35.79 19.64 16.66 6.09 22.30 100.6 1955 23.54 33.11 13.80 20c 5 Equity Fund Inc Fidelity Fund Inc Financial 21.77 Nation 15.58 - 1, 100.11 15, Stock . Shares Mutual Balanced - Fund Stock 1 interest—* beneficial 12.70 1 Fund Oct. 100.2 Maturity— Fund— of Howard— 100.17 101.23 l%s 100.5 26.94 14.10 2.46 2.24 100.13 101.20 Trust— Inc_ Mutual 12.38 ; 8.81 24.92 18.37 Shares— & X8.04 1 Massachusetts Life of 5.79 5.34 interest—1 Growth Mass 2.50 —25c E Balanced Investors 5.26 4.85 Inc..10c Fund Investors 11.90 Units 7.16 Mutual Invest Fund Inc Dreyfus Fund Inc Eaton Bond 12.53 48.69 Fund 4.62 6.51 lc beneficial of 4.19 lc 12.40 8.13 Dividend shares shares 10.88 Diversified Trustee Shares— Series shares 48.20 Diversified Investment Fund—1 lc lc Metals NonrFerrous Ctfs 10.30 8.91 4.51 3.90 Manhattan 9.40 4.09 3.54 Massachusetts 1 Fund Stock lc shares—lc 15.84 Growth Diversified 1955 1, 1956 100.3 l%s Feb. Industries General 37% 21.01 1, May Figures after decimal point represent 3.29 14.65 19.17 41.22 5.73 Petroleum 1 Fund Delaware 41.22 • 2.98 1 Income Fund Inc Feb. U. S. Certificates of Indebtedness & Notes 6.77 5.20 1 1 Dividend Income Fund De Vegh 2%s 100.2 11.94 Equipment shares.lc Steel Inc Investment, Western Crown 100 h Panama 8.33 6.18 10.92 Electrical Equipment shares_lc 351/4 Consolidated Investment Trust-1 2s June 1, Certificates 15.91 14.64 7.66 -1 25c Managed Funds— Automobile shares 18.61 17.12 Fund Value) Asset Paper Stock & 100 1955 1, l%s June 1, Sayles Mutual Fund— (Net Business 9,600 1 — Fund Colonial 26.68 24.68 com—100 9,300 100 139 Securities Christiana 21.50 1, 1954 10.94 S-4 Stk) 1 Com Stks)_l Ask 2%S Nov. 11.81 S-3 point a Bonds— 14.89 S-2 of Bid Bank 100 3*2 10.61 Pfd 32nds more 100 1955 1955 1955 2%s Feb. 20.45 (Speculative Pfd Stks)—1 5 Inc 11.85 1 K-l or Federal Land Central Bank for Cooperatives— 20.86 K-2 \ Jan. 17, 1.25s Mar. 15, 27.38 19.11 10.86 10c Inc 25.09 1 Bonds)_l one Ask 2%s 1.30s Bonds) —1 Canada General Fund 10.11 (Investment Bowling Green Fund Inc Street Invest Corp— Broad Fund Bid Federal Home Loan Banks- Mutual Bullock Fund Ltd Canadian Figures after decimal point represent 8.33 Inc B-l 12.62 Fund Ask 7.65 1 Trust (The) Fund Bid 1 America Keystone Custodian Funds— Development Mutual Par 1.12 1.25 Fund American Mutual Funds- Ask Bid Par ~25c Aberdeen t New price, to listing Exchange. x on the New York stock, Ex-dividend, wi When y issued, Ex-rights. Number 5365... The Commercial and Financial Chronicle Volume 180 Week of Sept. 25 i THE COURSE OF BANK CLEARINGS this week will show Bank Clearings an dot indicate that for the week ended Saturday, $19,975/144,62J3 against $19,314,705,083 for the stands at center there is same Chester will — 977,102,194 + 1,102,000,000 f _ . Boston 602,475,752 602,478,021 Kansas City— 334,949,678 344,500,000 347,700,000 Louis 566,018,000 Pittsburgh Cleveland 458,838,076 Baltimore 278,280,470 301,692,244 + — cities, five days . All $19,215,666,027 $18,599,492,581 cities, five days.™— cities, one day 0.6 we (6 cities). the 650,459,714 clearings at this center showing a decrease of 1.5%. . Augusta estimated. Macon Alabama—Birmingham Mobile (10 cities) that falling off a an Indiana—Fort The Chicago Reserve increase of 3.0%, in the Dallas Reserve District of 5.2% and following we furnish * 11,975,947 1.7 6,067,652 9,090,608 3.7 1,166,189,443 1,142,024,35a + ll.OlljSlt* 5,390^2® 6.5 8,710,180 6,875,33* 5.6 227,683,347 436,292,741 +13.1 207,070,72ft 440,264,54a *0,425,600 9.6 6,267,656 8,649,366 — — 2.5 — 6.6 373,487,610 36,295,301* 5,421,870 7,944,86?* 386,712,773 4.0 1,101,516,500 1,090,584,623 7.5 — 3,047,421 17,2yl,Q00 224,716,881 16,059,<m 197,101,81* 2.7 — — — + + 0.8 + 9.9 + 34288,82$* 2.6 5,083,644 0.3 +13.7 289,007,123 99,201,193 4,818,411 289,610,24$ 94,342,575k 5.4 638,347.262 605,220,869* — + —11.6 2.0 + 20,299,458 95,430,601 3.8 — 339,800,000 * 6,606,567 7,172,47* 3,096,164 125,733,393 136,407,124 7,684,751 3,8J9,063 101,477,11ft 146,066,403 731,293 152,107,86ft 961,323,895 + 5.6 899,793,344 824,936,268 9.9 1,680,501 11,946,867 12,743,13d- 7.5 + 2,048,033 2,271,862 15,572,661 + 8.0 7,371,768 + 0.2 8,625,818 7,547,147 71,747,000 9,312,620 70,145,000 8,094,606 3,534,854 3,354,327 108,541,228 111,418,058 5,341,910 5,062,283 37,237,057 1,651,631 34,411,934 14,699,042 1,568,086 953,050,896 7,402,913 917,115,278 7,528,335 12,549,236 5,664,174 7,231,586 5,757,906 1,268,997,569 1,235,055,302 + 5.4 2.6 13,601,259 Decatur — Rockiord ...... 5.2 — 8.2 + —- 7.5 + 5.3 + 3.9 — — 1.7 59,181,(Rift 6,726,458 13,022,962 7,225,613 2.0 5:0 + 5,139,144b 56,766,000 8,070,954 3,199,695 88,843,170 4,757,131 36,336,792 14,651,852 1,585,780 837,133,123 2.2 —13.1 —■ I,523,561. 5,653,544 6,696,635 + 14.3 —i 12,805,782 7,589,758 City Peoria 7,626,32ft District—Chicago- Illinois—Bloomington Chicago in the 20,764,63* 96,69l,u5J<v.. 288.400.W 576,9o8 Haute Sioux • a summary 26.1 164,158,318 Bend Springfield In the 8.7 + 8.1 Wayne South In the Kansas City Reserve District the 4.5%. + — 2,566^4» + Indianapolis In the Cleveland Reserve District gain of 2.7%, the St. Louis Reserve District of 0.1% and Reserve District of 2,998.78L* 6,123,07ft 2,461,194 5,529,118 , 0.3 Iowa—Cedar Rapids Des Moines San Francisco —17.4 16,813,200 7,385,623 larger by 5.4% and in the Atlanta Reserve District by 5.6%. totals record 6,120,283 —34.5 Wisconsin—Milwaukee Minneapolis Reserve District of 4.7%. 4.8 9,603,599 818,411 177,758,639 Rapids Lansing the totals are smaller by 4.0%, but in the Richmond Reserve District the totals are the 1,096,000.809 2,800,210 — ~ 150,183,366 Michigan —Ann Arbor Terre a 3.8 6.7 1,015,176.115 - Seventh Federal Reserve We group the cities according (including this city) the totals show Philadelphia Reserve District of 3,7%. District has to its credit 1,120,000,000 + — 1.1 6,769,186 + 9.6 4,929,872 138,992,236 .+22.6 536,095 Louisiana—New Orleans 1.4%, but in the Boston Reserve District the totals show an improvement of 0.4% of 4,333,853 + 3.7 1,208,1+* 4,428,011* — 10,329,391 . Grand and in the 1,308,61® 1,938,48ft 1,428,974 2.4%, the bank to the Federal Reserve Districts in which they are located and from this we note in the New York Reserve District 1,442,868 2,029,344 192,213,077 . - — Mississippi—Vicksburg Total 28,847,696 102,215,890 341,200,000 5,405,369 170,453,135 149,701,492 Florida—Jacksonville" week ended — 25,384,651 100,155,548 354,300,000 6,697,307 Nashville statement, however, which we present further below, Outside of this city there was a gain of week in 1953. same 685,385,277 Georgia—Atlanta having amounted to $19,786,935,490 against $19,704,248,398 in for the whole country 6,105,027 306,200,810 104,661,414 Tennessee—Knoxvllle week For that week there was an increase of 0.4%, the aggregate of clearings Sept. 25. + 15.4 —11.1 —12.2 Sixth Federal Reserve District—Atlanta- foregoing will appear final and complete results of the previous week able to give are $ 3.4 Accordingly, in the above the lost day of the week in all cases has to be In the elaborate detailed 6,265,585 305,297,817 118,962,144 6.2 + 3,246,793 18,193,000 212,052,670 Columbia—Washington., District of the Saturday figures are not available at time of going to press. ends Saturday, and 411,643,852 3,489,247 18,336,000 233,034,484 —_ Carolina—Charleston .J, Maryland—Baltimore We cannot furnish them today, inasmuch as the issue of next week. our ; South + Complete and exact details for the week covered by the in 1,254,234,698 Virginia—Huntington Richmond $19,975,144,620 $131,314,705,083 - 501,312,583 46,598.300 11,961,770 10,363,929 Virginia—Norfolk 3.3 + 1952 Fifth Federal Reserve District—Richmond- 7.8 Total . • Total (7 cities) 2.6 + or 9.9 715,212,502 759,478,593 —— Total all cities for week ' Youngstown 3,576,062,515 ' + 6.2 3,797,392,915 Other cities, live aays Total all $15,418,273,112 $15,023,430,066 ^ 10,219,694 262,134,570 488,587,377 52,721,900 10,814,982 10,087,883 384,583,259 . Pennsylvania—Pittsburgh west Ten 3,668,220 6,972,537 1,203,883,295 • .... —11.4 — 6,228,112 247,533,369 * Mansfield 0.7 0.9 509,502,262 1 2,643,104 9,554,525 , Columbus 0 .1 — 422,553,392 . 1,163,820,125 «, Cleveland Ohio—Canton — 562,361,694 374,512,825 Francisco. San 1,207,017,003 ~ Cincinnati 3.3 '-r- 337,452,558 St. 3.8 — Inc. Dec. % fourth Federal Reserve District—Cleveland— 5.2 940,970.846 1,066,000,000 . 4,793,029 1.111,000,000 12,044,128 11,026,456 " (11 cities) + $9,896,719,049 $10,415,596,117 1,551,187 1,872,153 2,021,199 - 2,742,777 5,927,452 3,029,729 7,581,175 15,193,797 10,838,765 _ Delaware—Wilmington "ZZIZZZZZZ 1953 1954 York Philadelphia 4,474,051 1,152,000,000 , York Our comparative sum¬ : 1,773,891 - *""" —— . WUkes-Barre Total Chicago ~ ; Scranton New Jersey—Trenton Week Ending Oct. 2— 1,665,143 "" •-. Philadelphia Reading «; CLEARINGS-RETURNS BY TELEGRAPH New """*** ■ Lancaster for the week follows: mary 1,790,223 Bethlehem At this weelf in 1953. gain for the week ending Friday of 5.2%. a Pennsylvania—Altoona chief cities Oul preliminary total above the£e\of ihe corresponding week last year. $ Third Federal Reserve District—Philadelphia— 2, clearings for all cities of the United States for which it is possible to "obtain \Wkly clearings be 3.4% 1953 $ increase compared with a year ago. Pre¬ liminary figures compiled by us based upon telegraphic advices from the of the country, 1954 6,614,405* 8,929,916* 3,106,273 82,305,246 4,042,51ft 37,821,886. 16,442,094. 1,881,453 874,659,356 5,032,8m II,858,25ft 6,263,932 « 1.6 5,124,266 4,302,07* 2.7 — 1,109,421,343 1,141,847,Ofift 4.2 313,100,000 5.2 162,863,862 148,045,676 by Federal Reserve Districts: Total (17, cities) + SUMMARY OF BANK CLEARINGS 1954 1953 Inc. or 1952 $ $ Dec. % $ Week of Sept. 25— 1st 12 cities Boston 2nd New ——_ll York— 742,757,353 10,217,519,039 "** 739,881,895 10,367,540,159 Philadelphia 11 " 1,207,017,003 1,163,820,125 4th Cleveland— 7 " 1,203,883,295 1,254,234,698 3rd 1.4 8,948,119,225 8,909,709,063 3.7 1,166,189,443 1,142,024,358 4.0 + — 1,101,516,500 638,347,262 685,385,277 650,459,714 + 5.4 " 1,015,176,115 961,323,895 + 5.6 899,793,344 824,936,268 " 1,268,997,569 1,235,055,302 + 2.7 1,109,421,343 St. - 701,715,009 701,613,812 + 0.1 626,671,710 573,749,249 1 " 546,814,712 522,233,976 + 4.7 494,395,198 488,870,485 9 " 594,364,034 577,068,286 + 3.0 622,302,884 586,008,599 " 456,067,563 433,558,646 + 5.2 421,118,303 396,511,964 10 " 1,147,348,521 1,097,457,890 + 4.5 1,049,779,698 1,052,695.991 19,786,935,490 19,704,248,398 + 0.4 17,757,945,187 17,483,202.314 9,925,403,067 9,692,666,858 + 2.4 9,126,330,844 Minneapolis. 10th Kansas Dallas City .110 cities Total York City . , ' . • . • . add our detailed now week ended . . f _ We • , , , * i . 1954 city for the 1953 $ of Sept. Inc. or Dec. 25 2,254,193 River $ 5,267,373 614,501,316 —15.8 1951 C 2,167,803 2,092,218 + 20.4 4,568,842 4,582,194 2.9 579,808,558 571,423,911 + Total City Joseph .. Total cities) (9 1,940,399 9,691,210 9,651,229 New ' 0.9 7,941,154 8,051,864 Port Worth —21.4 30,043,797 27,360,075 2.0 12,481,613 13,02$209 8,147,572 + 38,470,252 14.974,601 — 28,111,700 35,376,000 —20.5 26,425,500 Total New Jersey 233,756 1,812,110 —83.8 1,522,090 1,711,846 .739,881,895 0.4 680,290,277 671,043,776 + (11 cities) + 37.2 + 3.0 762,911 + 6.5 7,313,194 815,36ft 576,016 7,261,73'? 165,762,9^3 9,761,491 8,243,116 5.7 182,524,848 + 18.4 19,655,489 + 14.4 10,422,528 18,697,931 8,980,09ft 15,353, $25 360,121,211 + 6.7 384,337,601 369,558,19T — 3.4 11,457,085 11,198,711 4,698,315 3,066,836 + 9.7 3,134,974 2,828,567 3,317,690 ■577,068,286 + 3.0 622,302,884 586,008,59ft 11,572,046 594,364,034 — 3,183,SSft Eleventh Federal Reserve District—DallasTexas—Austin - Galveston - 6,726,190 372,499,347 29,663,768 6,696,000 5,540,261 12,399,991 ... - 8,337,765 389,952,432 32,214,935 6,515,000 6,647,440 12,433,080 456,067,563 - ... 7,848,492 7,031,40ft + 360,750,381 + 28,757,026 334,886,0+1 33,026,IB* 6,332,00ft +24.0 4.7 8.6 — 2.7 +20.0 7,729,000 — 0.3 10,471,228 5,478,63ft 9,757,633 433,553,646 + 5.2 421,118,303 396,5114)6* 183,421,692 190,060,156 — 3.5 5,619,055 Wichita F»,lls Loumana—-Shreveport 5,434,095 + 3.4 4,445,603 4,164,423 177.455,285 173,971,136 78,153,401 — Total (6 Cities) - 5,562,176 Twelfth Federal Reserve District—San Francisco— Washington—Seattle 19,404,417 4,265,922 131,175,725 2,325,521 2,008,054 9,861,532,423 10,011,581,540 27,886,606 17,692,164 ♦25,500,000 + 28.4 18,375,384 18,806,851 3.9 3,927,650 4,001,741 —10.2 115,770,164 105,476,105 1.3 2,174,418 2,119,575 + + + 33.1 2,074,983 2,082,295 1.5 8,631,614,343 8,610,680,516 6.0 23,939,994 ; Oregon—Portland Utan—Salt City California—Long " Beach Francisco San Jose 178,131,391 12.141,949 + 2.0 + 7.7 + 9.0 +10,3 571,701,553 23,003,979 5,356,516 10,476,939 8.0 —14.1 + 5.8 + 4.6 1,147,348,521 1,097,457,890 + 4.5 1,049,779,698 1,052,695,991 17,483,202,33* 8,872,521,79ft 174,854,220 85,076,255 19,346,228 178,338,344 91,649,263 21,033,048 13,394,520 617,447,389 Pasadena San 188,683,555 10,958,592 - — Lake —— 19,759,949 + * 83,122,004 19,072,360 13,214,154 14,810,671 9,454,29ft 531,361,304 16,096,629 4,581,647 561,293,19ft 11,747,157 11,490,51ft 16,755,91ft 22,670,362 — — 5,666,663 Santa Barbara — + — — 1.3> 16,100,236 18,010,651 2.0 23,361,909 Stockton Total - (10 cities)- 16,706,946 Grand 60,868,441 ._ 823,245 773,547 751,326 27,299,900 17,464,803 Jersey—Newark Jf Northern 488,870,48ft City- a _ Dallas 10,717,634 •25,000,000 _ 494,395,198 5,836,84ft 7,282,004 160,904,396 — 1,331,667 29,553,872 Connecticut—Stamford 4.7 4,585,7ta.» 384,368,303 11,177,780 5,153,772 — Pueblo 2,060,933 2,671,744 Rochester + 522,233,976 — «... Colorado—Colorado Springs 9.1 + 2,355,603 , 13,061,803 22,484,026 + 17.7 3,300,488 117,815,975 Jamestown 5,161,728 13,371,806 2,573,264 4,431.712 Elmlra 4,407,144 12.8 546,814,712 Wichita 1,116,341 24,912,566 Buffalo 10.5 + 20.7 + 7,754,666 151,791,030 x aKiuia Binghamton 118,337,292 7,567,311 + 15.3 + 1,061,343 - ... 2,462,436 Second Federal Reserve District—New YorkYork—Albany 4.8 3,987,088 5,054,970 11,948,627 - Kansas—Topeka 4.1 742,757,353 (19 cities) 4.2 + — 811,623 3.9 14,678,462 _ — , Nebraska—Fremont + 30,256.781 _ New Hampshire—Manchester Syracuse 7,783,54ft 337,759,17ft 112,572,97ft 7,270,$b» + 6,099,212 (7 cities) + 8,216,936 ' York 6,601,339 338,748,578 8.0 7,671,689 13,472,829 1,434,379 3,883,178 New Haven New 573,749,24ft 124,233,036 7,774,139 4,405,330 Helena 3,203,644 11,696,620 Springfield New + 361;564,427 8,964,121 - Dakota—Aberdeen 3,336,066 Bedford Rhode Island—Providence — 7,055,326 Montana—Billings 1,490,144 Lowell _ 2,662,172 626.671,710 +15.4 130,218,353 , North Dakota—Fargo St. 2,676,521 632,196,467 Massachusetts—Boston Total Paul.- Missouri—Kansas 6.343,050 .. Connecticut—Hartford 2.0 297,000,00ft 146,065,10ft 128,381,3+* 2,302,74-* 0.1 — — 376,599,541 — Minneapolis «t. Omaha 1952 First Federal Reserve District—BostonMaine—Bangor Worcester 701,613,812 174,475,376 158)483,922 2,354,514 District—Minneapolis— Ninth Federal Reserve Minnesota—DUluth Hastings $ New (4 cities) Lincoln Week Pall Total Tenth Federal Reserve District—Kansas ' ' statement showing the figures for each Sept. 25 for four years: Clearings at— Portland ... Illinois—Qulncy South 12th San Francisco New Tennessee—Memphis 366,300,000 8,872,521,798 Louis.. 11th - 1,141,847,067 4 Chicago 8th 351,000,000 165,477,584 182,929,228 2,308,197 701,715,009 Louis 605,220,869 " 6 71th . . 1,090,584,625 6 Atlanta. Missouri—St. 671,043,776 10 Richmond Outside 680,290,277 17 6th 6th 9th e 0.4 + — Eighth Federal Reserve District—St. Lculs— 1951 55,339,231 + 10.0 46,847,627 70,360,979 + 0.8 63,932,517 61,833,974 .10,217,519,039 10,367,540,159 total (110) — cities). —- 47,320,047 70,911,900 —J, — 1.4 8,948,119,225 8,909,703,063 Outside New York •Estimated, City..: (a) . 19,786,935,490 19,704,248,398 + 0.4 17,757,945,187 9,925,403,067 9,692,666,858 + 2.4 9,126,330,844 Clearings operations discontinued. 4,470,9e«2 * Financial Chronicle The Commercial and We give below countries of the world. FOREIGN BY CERTIFIED RATES EXCHANGE SEPTEMBER Below will be record for the week just passed: a FEDERAL preferred 1954, and found called stock for under sinking called The date indicates the INCLUSIVE list of corporate bonds, notej, a common including those UNDER TARIFF ACT OF 1930 RESERVE BANK TO TREASURY 1954 TO SEPTEMBER 30, 24, Notices of 1930, the Federal Reserve Bank the buying rate for cable transfers on the different daily to the Secretary of the Treasury certifies Monday, October 4, 1954 Redemption Calls and Sinking Fund Foreign Exchange Rales Pursuant to the requirement of Section 522 of the Tariff Act ... redemption redemption, fund provisions. last date for mak¬ or ing tenders, and the page number gives the location in Buying Rate for Cable Transfers in New York (Value in United States Money) Noon Country and Monetary Unit the current volume the details Friday Monday Sept. 27 Basic Sept. 28 200000* .200000* .133333* .133333* .133333* .133333* .133333* .0719820* Free ______ .0200062 Belgium, franc ——_—; _— British Malaysia, Malayan dollar__,— Canada, dollar Ceylon, rupee 1.031875 -208900 .208750 .209200 .209250 .004.35401* .00435401* .00435401* .00285625 .00285625 V ..238379* .238379* , .238379* .208750 .209200 2.795625 .0800480 .263600 krone ____ Philippine Islands, .263400 .263100 .262400 2.762376 2.767945 peso Switzerland, franc South V 2.779576 2.785180 2.795625 Decrease Company Sept. 30, 1954 F. R. notes 20,287,101 other of 842,262 banks_____ 136,982 Other cash Industrial ■ U. S. 349,737 advances and 298,899 loans 870 - + — 10,001 4,790 + + 195,896 i— 37 — Certificates 1,324,250 64 Total 5,627 + 275,000 619,062 748,250 — + 13,029,021 " Total 24,045,612 + 275,000 + 275,000 + 403,896 securities- banks. 24,345,381 premises Other ___— 3,624,895 53,545 _ 158,619 assets Total 49,798,544 assets 25,553,572 Ill 7,513 + Other 34,190 — 98,658 — —1,331,014 18,330,877 769,192 account Treasurer—gen. Foreign 489,198 Total 398,344 19,987,611 deposits.— availability cash Deferred Other 479,741 - 48,285 — + 977,658 - 126,788 254,686 35,084 — + + 23,057 46,713 . 10,294 181,611 - 827,214 45,110 3,113,558 17,719 —306,727 106 2,974 48,672,460 —104,042 -1,355,039 275,842 33 14,292 items. liabilities and accrued divs. Total » 20,968 + liabilities , __. + - in (Section Capital paid 2m43 — Total Ratio to liab. 40,337 625,013 7) Surplus Surplus (Section 13b)-_—_____ ^'Other capital accounts " 147,686 and capital accounts 49,798,544 5,351 — 98,658 ,331,014 of gold certificate reserves deposit and F. R. note lia¬ correspondents Industrial loan on 46.4% for 1.7% .2% accept¬ foreign 6,278 797 19,977 2,240 ________ commitments—__ 60 1,102 Condition Statement of Member Banks The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities principal changes for the week ended Sept. 22: Decreases of $146 million in loans to brokers and dealers for purchasing or carrying securi¬ shows the following ties, $272 million in reserve balances with Federal Reserve^Bqnks, and $693 million in demand deposits creditedTto ddmestic banks, and an increase of $282 million inHJnited States Government deposits. immercial, industrial, and agricultural loans de¬ creased in five districts and increased in the others, resulting in a net decrease of $18 million at all report¬ ing member banks; the principal changes were decreases of $16 million in Chicago, $14 million in New York City, and $13 million in the Minneapolis District, and an increase of $11 million in the Dallas District. according to industry appear Holdings of Treasury Changes bills increased $34 million at all reporting member banks; the principal changes were an increase of $66 million in New York City decrease of $68 million in the Dallas District. of Treasury million. certificates of indebtedness and $37 deposits adjusted increased Chicago and by smaller amounts in six 201 18 1,999 — ' dealers million in districts; there —-— —Oct 22 1212 _________ Oct 22 1212 of Company American Book r Co. D»c. 62V2C 11- 1 Common 2% 10-15 9-20 40c 11-10 10-2? 25c 10-20 25c 10-20 9-24 25c 10-20 9-24 30c 31 Vic 30c * 10-10 9-30 10-10 10-10 9-30 Corp.— dividend) (stock American 384 + H older $ P"vable "hare (quar.) , Box American 146 ■: , . : When 10-20 American.Bosch Arma —2,030 Broadcasting-Paramount Board Co. (quar.) 932 + 19 + 203 Common 6,884 i + 13 + 492 Certificates 599 — 45 7,858 — 24 (quar.) Theatres _— interest of 5% 105 35,908 + 118 +4,515 3,124 + 34 +1,090 $1.25 2,497 — 37 6,668 — U. ______________ , _________ securities Reserves Cash notes bonds S. with domestic Banks Reserve banks. — 889 + 15 — 14 74 + 99 54,547 + 57 16 +2.545 deposits: 2,877 + 282 — 693 ► 11,277 Foreign banks Borrowings 1,257 451 , - • + 773 5 — 3 134 — 380 + — the Acts of States Code, March Section 1933 3, 233) and showing July 2, '(Title 1946 the Ownership, 39, and (1) That the names and business and addresses of managers the publisher, are: % That (2) address the is: owner be must stated, (if owned by corporation, a Its name That (3) holders the known bondholders, owning or holding 1% mortgages or other securities of the total (If there are: are other and mortgagees or more amount none, so security of bonds, state.) None. (4) Paragraphs 2 and 3 Include, in cases where the stockholder security holder appears upon the books of the company as trustee in any other fiduciary relation, the for whom such trustee is acting; name or American Sumatra Tobacco Corp. $5 Woolen Anaconda of the person or corporation graphs show the affiant's full and conditions not appear do which stockholders the books of upon stock and securities in knowledge and belief under the company capacity other than that of a to the circum¬ as and security holders trustees, as a bona fide hold owner. (5) That the average number of copies of each issue of this publica¬ sold or 9,260. and distributed, during the 12 through the mails months preceding or otherwise, the date to shown paid sub¬ above was (This information is required from the daily, weekly, semi-weekly tri-weekly (Signed) Herbert before Public, 24-0800400. newspapers D. me State only.) Seibert, this of 30th New Bditor day York, and Publisher. of Sept., residing 1954. in Sworn Thos. Kings A. to and Creegan, County, No. Certificate filed in N. Y. County Clerk and Register Office. Commission expires March 30, 1955. . 9-30 9-27 9-20 10-15 $l./5 11- 1 12-15 *1 25 12-20 12-1(1 12J/2C 10- 6 $2.25 10-15 $1.75 io-j.5 10- 1 $125 11- ! 10- 7 75c 10-19 10- 5 4^c , 7% Co., (resumed) preferred lo- 8 10- 1 12- X Anglo-Canadian 1 — Glass, common iqu.u.; Pulp & Paper Mills— (quar.) (quar.) — Anglo-Canadian Telephone, class 4V6% preferred (quar.)— Arcade Cotton (quar.) A preferred (s-a)____ (increased) Equipment Corp., common (increased)— Aro Mills, 6% Cameras, Argus % Inc. dividend Stock preferred Airow+Hart & 150c t70c tl5c t56V4C — preferred 9-15 iquar.) 7 10-20 9-15 9-30 12- 11-10 11- 10- r:i 8 S3 20c 12-24 12-15 10-15 10- ,10-15 56Vic Electric Co. 10- 20c • —2% ________ (quar.) Hegeman 9-30 Co.— (quar.t— Cable Co & Wire (quar.) 5 9-24 10-15 9-24 12-1 11-19 60c 10-15 9-24 a4% 37V2C $1 $1.08% 10-29 9-17 Electric Industries,! Ltd.— Associated (interim) AttefcMe:City Electric, common Ordinary —— (quar.) AftfiReferred (quar.)__, 4,35^ preferred (quar.) —___ _________ 10-15 9-16 11- 1 10- 11- 1 10- 7 7 — 4^5,% 2nd preferred (quar.) ^lO^.preferred (initial) Atlantic* Coast Line RR.— $1.08% 11- 1 10- 7 11- 1 10- 7 — $0.7744 \5f&^on-cumulat)ve preferred (s-a)___.— $2.50 Refining/Co., 3.75% pfd. B 93+4C li- 1 10- —J55c 17- t 11-15- 80c 10-15 10-11 ?0c 11- 20c 10-11 Atlantic (quar.)- Atl#qtic. .Wholesalers, Ltd.—; 5J6<% preferred is-ai___,—; Co., $1.60 prior prfd. (s-a)___ Atlas Finance Nichols & Co.— $L2Q convertible prior preferred Austin B M I Corp. Backstay Baldwin 5% 11-10 10-22 5 , (quar.) (quar.) Welt Co. (quar.) i2Vs>c — 25c Extra stances 10-15 (quar.)— Lead & Smelting Hocking $2.80 Co. preferred prioi Anchor Tel. & American Zinc, or also the statements in the two para¬ com. , and Owner, William B. Dana Company, 25 Park Place, New York, N. Y. Stockholders, Herbert D. Seibert & Estate of Jacob Seibert, 25 Park Place, New York, N. Y. (William D. Seibert & Herbert D. Seibert, Executors), 25 Park Place, New York, N. Y. Co., Gas 9-30 . and also immediately thereunder the names and addresses of stockholders owning or holding 1% or more of the total amount of stock. If not owned by a corporation, the names and addresses of the individual owners must be given. If owned by a partnership, or other unincorporated firm, its name and address as well as that of each individual member must be given): Insurance 37Vac editor, managing , 10- 6 10-15 11-1 preferred Common Publisher, William B. Dana Company, 25 Park Place, New York, N. Y. Editor, Herbert D. Seibert, 25 Park Place, New York, N. Y. Managing Editor, Herbert D. Seibert, 25 Park Place, New York, N. Y. Business Manager, William D. Seibert, 25 Park Place, New York, N. Y. 12- 1 121/2C (quar.)______ 1—____ American Paper Goods, 7% preferred (quar.) American President Lhies, Ltd.— 5% non-cum. preferred (quar.) r United Management Circulation, of the "Commercial and Financial Chronicle," published Thursday and Monday, at New York, N. Y., for Oct. 1, 1954. editor $1.1216 15c American 1912 as amended 9-30 11-19 50c American Tel. Statement required by the Act of Congress of Aug. 24, 10-15 10-15 ■- (quar.)__ 6% 2 10-10 (quar.)— com. (quar.)— American Natural —1,504 . _1 & National Fire American +1,746 + 10- 10-15 25c 97'/2C $1.25 American Machine & Foundry Co.— 3.90% preferred (quar.)_ 5% preferred (quar.) American Metal Co., 4V2% preferred (quar.) American Molasses Co. (quar.) 21,276 demand Co., American 272 Time Domestic banks Felt 874 Demand 9-30 12 ViC : Hair 9-24 , __ Common +6,377 V: deposits adjusted— deposits except U. S. Government U. S. Government deposits—. ; preferred (quar.) preferred (quar.) American Fire 6c Casualty (Orlando, Fla.)— — 2,731 Liabilities— , + 951 ' Co.— * $1.20 junior 142 + 20 — 13,297 /• —_______ with American —3,094 3 124' — 8,455 Federal 230 — + 23,619 ______ — vault in Balances Notary $61 1003 1211 Per Name for securities — subscribed increased $124 million. * Dividends securities—total— loans a Holdings of United States Government bonds Demand and loans Government S. tion Holdings 1209 ' " this issue. in Treasury bills Treasury certificates of indebtedness U. scribers decreased 1106 v Oct 11 Nov 1 1971---; 5%_(.,. debentures due 1973—; —1.286 — — agricul- for purchasing or carry- who in another release. 11 Oct .-4 . Co.— preferred (quar.) Fidelity & Casualty Common (quar.) by combined— bilities Contingent liability ances purchases and carrying or 815 909 -Oct 20 1955-1971- +4,064 30^604 + debentures due 47/e% —1,325 banks——. to Interbank Capital Accounts— 104 202 securities 3,504 + Other Member bank—reserve accounts S. brokers estate Loans Deposits: U. tog Real — Transmission Gas 1208 ' ( debentures due 1977—_ Sutherland Paper Co., 4.40% cumul. conv. pfd. stock Tennessee 1097 '* 218~983 — — — 39,277 to Treasury notes—— Reserve 15 15 29 15 15 (Continued from page 16) 82,980 21,005 industrial Other loans : 24-year 3%% 1953 loans Loans Co.— bonds due mortgage 4.50% Sept. 23, —<.38,617 Commercial, —1,221,608 —-504~429 LiabilitiesFederal * First ♦Announcement 1954 Loans—gross 22 _—_— 717 1097 Increase ( + ) or dec. (—) since - Sept. 15, investments—total— purchasing Uncollected cash items— Bank and tural Utilities (in millions of dollars) Loans—net —1,189~,062 and 1 ■ , 1954 —1,189,062 24,045,612 foreign Page Date Metropolitan Edison Co.— First mortgage 37/s% bonds due 1983 Southern Eell Telephone & Telegraph Co.— mem¬ Sept. 22, 573,600 outright____ agreem't loans from follows: . Assets— 744,650 — — S. Govt, securities.. bought CALLED ISSUE cumulative 5% 1107 w of assets and liabilities of reporting , Held under repurchase Due banks ; 2,098 — 3,092,550 Total U. districts. all 30,448 — 6,599,791 . ______ Bonds in 61,260 + +128,960 — ber 20,101 Loans Notes decreased A summary 215,997 5,211 10,701 + — Bought outright— ;___^ • Issue— and Corp., Montana-Dakota - Government securities: Bills net increase of $57 million at a 1953 21,129,363 1977 preferred bonds Jan Co.— 12-year 3%% convertible debentures due 1963 Dec 12-year 3j/2% convertible debentures due l964________D.ee Domestic Finance Corp., 57c cumul. preferred stock____Oct Dow Chemical Co., $4 cum. preferred stock, series A—Oct Prases. Companies, Ltd., 4%% preferred stock Oct Borrowings decreased $109 million in Chicago and $108 million in New York City, and increased in five districts; the net decrease at all reporting member banks was $134 million. (—) since Sept. 22, 1954 Redemption fund for F. R. notes Discounts 1004 debs. stock preferred Aeroquip all reporting mem¬ ber banks. United States Government deposits increased in all districts. Demand deposits credited to domestic was banks Sept. 29, Assets— reserves. Oct 30 1982__Nov American Telephone & Telegraph Increase ( + ) or certificate 1212 4%'+ and bonds due ENTIRE 2.796718 (In thousand of dollars) gold 1002 1 2.786425 2.790000 Federal Reserve Banks Combined certificates 15 .233225 .233250 .233264 2.780510 2.790937 Statement of Condition of the Twelve Total 15 A, due ser. Co.— mortgage 3%% First •Nominal. Gold Oct Corp., 4 Vi'> Terminal .193330* 2.784557 sterling 1208 .0349000 .193330* 2.795000 pound pound .0349000 .233250 .233275 ._ Africa, Kingdom, .496766* .0349000 .193330* .496766* .193330* 1206 1 .496766* .496766* .193330* .0349000 —_ ' 1 First .140080* .140080* .140080* .0349000 .496766* , Portugal, escudo Sweden, krona -»—-— — .140080* * 1097 Nov bonds, $4.25 preferred stock Co., Chemical Orleans New 2.769183 a.140080* .. Page Dec. (M. A.) Mathieson .262500 2.763304 i Date 1207 .0800480 .0800480 .0800480 .0800480 11 Pillsbury Mills, Inc., $4 cumulative preferred stock Oct Union Terminal Co., 1st mtge. 3% bonds due 1978——Dec United States & International Securities Corp.— 2.796770 2.767326 REDEMPTION Issue— and 1st collat. trust mtge. Hanna .209400 2.790000 — _______ Page -Oct 1 4%% .238379* " .208933 2.790937 . _______ L common stock_____Oct Chicago & Western Indiana RR.— .00285625 .238379* - Date 25 „ stock__ C6rp., Aluminum Coy of Canada. Ltd., 37,8% s. f. debs, due 1970_Nov 1 American Tobacco Co., 20-year 3% debs due 1962 Oct 15 American Viscose Corp., 5% preferred stockNov 1 JOO4304Q1* i .209250 Mexico, peso Netherlands, guilder of .00435401* .00285625 Company .209400 ♦ 2.795000 _ New Zealand, pound Union f ; .00285625 Germany, Deutsch Mark India, Dominion of, rupee United 1.031171 .324850 1.032812 franc___ Norway, .326050 .324875 1 ; preferred PARTIAL .0200125 ;f„. 1.032187 —-— France Ireland, pound .0200125 < .325900 ____ Finland, markka (Metropolitan), .0200125 .325075 Co., Instrument .0385802* .0385802* 1.031875 —— _ Service Weston Electrical 2.228585 .0385802* '.0200125 _ American .0716820* .0719820* 2.227589 2.223107 .0385802* .0385802* _____ .0719820* .0719820* 2.223854 2.227091 _T—__ Austria, schilling Company and Issue— .200000* 1 NOTICE OF TENDER . , $. $ .200000* —- — Australia, pound Sept, 30 Sept. 29 $ $ .200000* — Preferential Wednesday Tuesday Sept. 24 '' Argentina peso- indicated) in which (except where given in the "Chronicle." were Thursday 10- 1 10-20 10- 4 6 9-24 10-6 9-24 Co.— preferred (quar.) »11.50 £*',:rbrpferred (quar.) Bald^iPchima-Hamilton : Corp. (quar.)—___ $1 50 1 20c 23c 10-15 -14.-55 9-30 '2-i 10-30 10-7 10-25 10-15 Bangor Hydro Electric Co.. common (quar.t Backers National Life Insurance Co. of New stock dividend Z 45c 10-20 10- 5% 10-22 Bankers Trust Co. 60c 10-15 10c 15c 12-23 12-14 10-14 10- 50c 11- 1 10-15 75c $1.50 11- 1 10-19 11- 1 10-19 ,oc 12- i 11-10 Baldwin Rubber Co. (N. (quar.i. Y.), (quar.)_^ BasiELOil (Calif.), common-. Bajusch'.& Lomb Optical Co., Bays^ate Corp. — — com. (quar.)— (quar.)— Beguifc-Arts Apartments, Inc.— $3 prior preferred (quar.)__—: $,6_lst preferred (quar.) Belknap .Hardware & Mfg. Quarterly Bell Telebone Co. of Canada r— — (quar.) .i (quar.)_. 1 15c t50c 3-1-55 10-15 1 9-30 9-30 2- 1 9 9-15 Volume 1*80 Number 5365 The Commercial and financial Chronicle ... (1371)—-51 \ 1 H » . . ., . Name of Best Biddeford ■ Inc. A Steel Foundry Tobacco, preferred Blue Ben, Inc. Blue Macnine Co.— 10-20 10-15 9-24 10-15 9-24 ; American 10- 11-13 10-30 Cutter 12-24 12-11 Dallas 11-30 11-19 25c " Columbia Forest 40c British ~ Products, Corp.. Ltd. Telephone Co.— preferred •4%% County Brooklyn Borough Budget •60c Union - Finance Plan, 6% »7% 10-15 10-15 10-15 10-15 15c 10-10 - 42%c (quar.; Corp. __J-— Common '« participating :$7 non-cum. Calgary preferred - 6% Packing Fire Starch, Canada ; (quar.); Lines, Ltd. Co., Ltd.,< (quar.)_ Fairbanks-Morse Common !4%% 10- (quar.) Refractories <4%% .income) 10-29 9-30 10-15 9-15 9-29 1-15 12-30 10-15 $1.25 (quar.) 10-15 $37%c (quar.)— 10-20 8 10- 7 10-30 10- 7 40c ( 10- 10-30 25c 10-15 9-30 ' - $$2.50 I-3-55 12-22 17 %c (quar.) $1.19' 10-15 9-30 (quar.45c 10-15 9-30 net 11- 1 10-11 investment 15c Telepnone 10-15 9-30 Corp.— (quar.)./, $1.12% — ;3% % convert.ble preferred Chicago Allerton Hotel •Class A Class A Chicago 10-15 9-30 Cincinnati, New 7% Co.. .quar 10-15 10- 1 12-15 12- 1 10-22 25c 10-20 Tex. & ____ Pacific *Rv., 5%^ Coghlin preferred (B. J.) Colonial Finance div.) t St. Mutual & Life preferred Southern Insurance Ohio Commonwealth is-a; Electric Common Gas Fetroleum Life $2 (quar.) partic. Extra Corp.__ Consol. class -Initial 11- 1 ,9-22 11- 1 10-15 10-20 9-30 9-17 12-15 12-10 11- 1 10- 5 11- 1 10- 5 50c 11- 10- 1 11- 1 10- 5 55c 11- 1 10- 5 Natural Paoer preferred 11- 1 10-18 IO7I8 Ltd. 12-15 11-30 9-s30 (quar.) 62Vic 11-15 10-15 t37»/2C 10-23 9-10 (quar.) after pro¬ 1 Co. 20c common (quar.)___ 10-25 i8c (quar.i_____ 12- 16c (increased) - $4.52 preferred 10-18 10-15 shares new Co., 10-18 1 1 $1 Special Power 1 11- 62J/2c Mines, Ltd Corp.. on 11- 11- (quar.) Co. 10-25 to-5 55c 11-20 ,10-22 2 11-18 10- (quar.) 1-3-55 12- 3 $1.13 common 1-3-55 12- 3 75c 11-2Q J.1-. 5 12- U-P $1 • 1 (Chicago; v stock dividend -Continental shares of Continental Products ■7% preferred Cornell-Dublier Cosden (one Assurance Continental Gin Co.. Corn share new Co. for each Casualty 4Va% Co. preferred Refining Co., com. Corp. & held (quar.) (quar.) Blackwell. 10-15 $1.13 10-'- 7 l-"-55 12-15 (quar.)__ preferred (s-a) class A J 90c 10-25 10- 10-15 19- "1 $1.31% 10-15 9-23 $1.25 pfef? Creamery Package Mfg. Co. (quar.)__i Crosse 100 (quar.) Craddock-Terry Shoe. 5% Sault Electric 12-30 de 10-29 9-30 10c 1 10-15 11- 1 (quar.) 11- 1 10-15 10-15 9-24 $20c 9-98 10-15 9-28 $$1 (quar.) 10-15 $17 %c * 10-15 7% 10-15 pfd. $$1.75 1 10- 1 10-15 9-15 25c (quar.) (quar.) Nemours & 10-15 9-23 10-15 9-23 87 %C 10-25 10- 10-25 10- 15C 11- 1 10-22 31 %c 12- 1 11-15 11-. 1 $2.50 1- 2-55 1 5c 10-11 12-15 12- 1 • S>3d 11-13 10-15 2% Y.) 11- Fiberboard (quar.)__ Foundation Companies, Freedtert (L 1 Fuller Mfg. Co. .' (quar.) Baking Contract 5% pfd. 5% 10-15 10- 1 1-2-55 10-15 1-2-55 10-30 12-24 10- 4 par) 11- 1 10-14 10-15 5 12- 11-19 1 11-24 10-22 9-30 10- 9 1 10-15 10-18 10- 10-29 General Electric Co. General Electric Co., 11- 10- 7 11- 1 Finance 10-15 1 1 11- 1- i 1 10-15 10- 1 10- 1 10-15 — Inc. (quar.) Finance Stock 25C — Corp., common (quar.)— 10% 4% .preferred (quar.) 4.40% preferred (quar.)_, 3%% preferred (quar.) $1 10-15 $1.10 10-15 933Ac 10-15 9-30 $20c 10-15 9-15 $10c 10-15 9-15 $40c 10-15 Hughes-Owens Class Co., B Ltd., Cash preferred Huttig Sash 6% A T dividend, (quar.) new .preferred preferred A preferred series 10-15 12- 4.60% 2-55 12- 9 2-55 12- 9 10- 8 10-25 0 General Investors General Motors $3.75 Brick Illinois 9-24 • CO 9-24 9- 1 preferred 6% Outdoor General 8 9-28 11- 1 10-25 •'■ 12-17 (increased) 10-15 (quar.)— (quar.) common prefeired (quar.)—; 58%c preferred (quar.)——— (initial) Imperial Tobacco Co. of Canada, Ltd.— 4.20% preferred 52Vic — 4% preference (quar.)—_i Indianapolis Power & Light, Growth common preferred Fund (s-a) from (10c or¬ dinary income and 30c from security prof¬ its) Institutional Income Fund, from ordinary security profits 40c Co. of International and 3c 6% participating 12c preferred International Milling, International Nickel 5% 4'/a% 5% 7% preferred of Co. Wares, Telephone Co., 9-15 10-15 9-30 $60c Ltd. (quar.) Telegraph $1.40 r Iowa convertible Illinois preferred (s-a) $75c (quar.; 55c Jefferson convertible Electric Tea & Johnson Ranch Joplin Co. Co., 3%% Johnson $1.09 $1.06 1—4c 40c : preferred (quar.)— (quar.) Co., 11- 1 9-30 11- $1.50 Ltd., 1 9-30 10-30 10-15 10-30 10-15 $10c (quar.) com. 11-15 10-15 n- 1 10- 11- 1 10- 25C 11- 1 10- 11- 1 10-15 Royalty 11- Inc., pieferred (P. Foods, common Employees and 9 10- 9 11- 1 10-15 56 %c 11- 1 10-15 $1.75 (quar.I 1-3-55 12-20 10c com. 10- 4 9-22 42 %c (quar.) 11- 1 10-20 11- 1 10-20 10-15 9-30 15c (quar.) 25c Corp. (s-a) ' 10-15 9-30 15c 11-24 3.80% 4% A preferred class (quar.; B (quar.) preferred preferred $1.50 12-11 11-29 12-11 11-29 10-15 10-15 10-15 10-15 10- 1 1 10-18 1 10-29 11- 1 $1.50 10-15 $20« 10-15 1U-2U 1 10- 4% 12-10 12- 1 12-10 12- 1 95c 12- $1 12- 1 11-12 $1.05 (quar.) • 12- 1 11-12 12- 1 11-12 $1.12% (quar.) 1 11-12 City Southern Ry.— non-cumuLative Kendall preferred (quar.) preferred (quar.)— (quar.) ; Gold Mines, Ltd.*(quar.) Fibre Keystone Series (From A 9-27 12-30 11-30 1 10-11 $20c 75c 11- 49c 10- 9-30 81c (quar.) income) investment net from 60c 9-30 12-15 8 10- 10-15 9-30 "Bond Fund" S-3 "Speculative (21c 10-15 1-3-55 40c Funds- Custodian B-2 . Co. class Co., 50c 87 %c 87%c — 3%% Refining Kerr-Addison Keyes 9-22 25c (quar.) (quar.) preferred Kellogg Co,, from Stock Com. investment net net realized Fund" and inoome gains) Kimberly-Clark Corp.— Stock 4% dividend Kroger Kwikset La (shares split two-for-one value changed to $5) convertible King-Seeley preferred 10- — $1 (quar.) 50c (quar.) Corp. Co., 7% 2nd preferred Locks, Inc. (quar.) Extension Salle $1.75 (quar.) Lambert Class Lamston $1.80 8 9-30 1 10-15 11- 10-15 10-11 9-30 9-24 class H.), Inc., $6 pfd. preferred 10-20 9-16 11-15 10-15 ' 29C tO-31 10-21 9 9-24 12-31 12-18 $15C Inc., Machine Co. United $10c 12-24 tl5c A (quar.) (quar.) (M. 25% 12-31 12-18 37 %c (quar.) (Alfred), Langendorf 1 10- 1-10-55 Co. B 10- 1 IOC (quar.) Laclede-Christy Co. (stock dividend)——*.— Lake Shore Mines, Ltd.. Lakeside Laboratories, $1.16 pfd. (quar.; — Lambert 8 11- 10-15 25c University Quarterly Landis $2 1 1 11- (quar.) preferred 4%% 11-10 & Co. class 10- 25c (quar.) (quar.) (W. R.) 12-20 10-25 10-25 56 %c (quar.) Batteries, Inc., Goulds Pumps. Inc., common 5%. preferred (quar.) Government 1-2-53 25c Inc. preferred 12-20 2% Co., 10-10 1-2-55 $1.12% (quar.) common (quar.) H.) 1 50c 55c 1111- 10-29 11- (quar.) Vegetable Parchment Co. and par (quar.) common 9-23 9-15 9-15 15c 4.20% 8 50c 10-15 10-15 10-15 City Power & Light Co.— Series Co. of Indiana— 9-17 10-13^ $1 — Special Kansas 8 . 1 DC (quar.) pfd. (quar.) 2nd Water Kalamazoo 4 22 %c $$1.25 (quar.) dividend Bros., Gould-National 6% 9-30 10-15 11- 93%c preferred Johnson, 4% Works, 6% preferred (quar— Publishing Co., Ltd. (Ottawa) — Quarterly 1 1 87 %c (quar.) 4%% preferred (quar.) Globe-Wernicke Co., 7% preferred 8% 11- 11- 62 %c (quar.) common (quar.) preferred Stock 4%% 11-15 4 9-15 Journal 4 - $1.37% (quar.) Telephone Art Gordon 10- 10- Electric— Gas & (quar.)—: preferred (quar.) Ironrite, 25c 35c 62%c 175c $4.36 preferred $4.22 1 \y Corp. (quar.)— Department Stores (quar.) Foundation, Ltd., common Investment 6% Utilities preferred 11- 10-15 Corp. Quarerly International 9-21 10-15 (quar.) $1 Ltu.— Canada, & 10-15 50c t$1.75 Power Telephone Co. of Calif.— preferred Gimbel 1 9-15 9-30 (quar.) (quar.) International Kansas preferred (quar.) General Telephone of the Southwest— $2.20 11- $1 (quar.) $2 Gibson 4 $1.50 pfd. (quar.) preferred General $4 (quar.)_ preferred General 10- 10-15 10-15 $37 Vic (quar.) preferred 4% Interntaional 1 10- 62 %c (quar.)_^_ Ltd.— Powders, Harvester Co,,' common International 1 from America North Bronze 11- Inc.— income — Insurance 9-30 1 Advertising Co.— Shoe Corp., preferred A Steel 10-20 11- $1.25 Service, preferred $3.50 11-10 10-11 93 %c (quar.)_r___ Public preferred General 11-10 11-24 10-30 6c (Boston) (quar)) (quar.). preferred $5.50 $6 Trust 11-24 $1 87 %c (quar.) 9-15 10- 30c (quar.) Co. Power, >'4.70% Corp*— preferred General 25c (s-a) C 9-30 50% (quar.) preferred Illinois 9 1- 8%% $3.50 preferred 9-30 (initial quar.) Co. Brick Press 10-29 I. T. E. Circuit Breaker Co. 9 12- Britain)— (s-a) Foods Corp., 5 (stock dividend)— common Door & 11- " class Hussman Refrigerator Co. Corp.— 4% 9-30 dividend — General 10-15 10-15 5 2-55 1- 40c (Great , 10-15 25c 60c Shoppes, Jewel (final) 12 %c (quar,) 1 15c 9-22 1- 2-55 50c (quar.) Ltd. registered 11-15 9-30 10-15 L1 -15 ... (quar.) 12-15 10-25 10- 9-30 11- 15c Corp.— preferred 10-30 10-15 11-19 10-11 25c (quar.) Dynamics convertible General 12-10 10-27 20c ; 10- 11-10 1 9-29 10- 12-10 $1.25 (quar.) 10- 9 10-15 10-16 10-20 15c (quar.)___ (quar.)__^ 10-15 11-15 ,50c . 11-12 Institutional 9 10-29 12 %c (quar.) 1 53 %c (quar.) (quar.)_____ 10- 25C (quar.) . 11- 9-24 11- Co. Ingersoll-Rand Co., 6% 10c com. 8 10-11 50c Insurance 12-24 $25c quar.) common Corp., .pfd.. ($20 preferred General $2 1 30c par) 8 45c 5% 9-15 9-10 10- 35c Co., ($100 1010- Home Interstate General 9-27 10-29 10-29 (quar.) 4 ftc (quar.) General 10-15 35c (quar.) — preferred 10- $1.25 (quar.) convertible preferred Co. 30c 93 %c ,(quar.)_ Hollingshead (R. M.) Corp. (quar,), Holt (Henry) & Cp./(stock dividend) 4.42% 10-15 10-15 $15c (quar.^: common 5 9-30 (quar.) 25c (quar. Gabriel Co., 5% Gamewell & Co., common A preferred 30c (increased Realty 10- 10-30 33%% 4.26% 30c (quar.) Ltd., Corp. "rpidman 10-15 35c Lumber *4.08% 75c (quar.) Canada, Ltd. (quar.) Frankenmuth Brewing Co. (increased) Franklin Telegraph (s-a) Fraser (Tt.) 9c of Co. 5 25c (quar.) 11-12 75c (quar.)__^ Wallace, class B .10- (quar.) common 10-15 10c Forbes & 10- 10-15 (quar.) 1 $1.50 — Corp. Ltd. Corp., E 1 62 %c (quar.) Co. 10-15 25c dividend Class Inc.— Rubber seires 12- 45c & Stock 5 5 21 %c " 11- 50c Extra Fluor 5 9-30 20c Quarterly Tire 9-30 10- 9-24 10-30 $26c (Md.) (quar.) Fireman's Fund Insurance (San Francisco) — Bank 10-15 1-20* 10-15 (quar.) (Edward) Stock 5 10- 45c Fidelity & Deposit Co. Firestone 10- 8 50c preferred 6 10-20 1-55 $1 9-15 10-21 10-15* 10- $2.50 (increased) Inc. 2- 25c (quar.) 16c (quar.) Products, prior 1 20c Stores 10- 11-1 15c D $1.25 (quar.) Department 1 10-15 $10c ___! Co, 1 5 37 %c (quar.) preferred '(quar.) (H. J.) Co., common Hydraulic 62 %c 5%> Paperboard 10- Corp.— preferred "A" (quar.)____ Estabrooks (T. H.), Ltd., 4.16% pfd. (quar.) European & North American Ry. (s-a) Farrlngton Mfg. Co., common (quar.)__ Grace 40c 10-15 5c Fibreboard 11- 11- 10-15 10-20 * $1.50 A pfd. 9-10 15c dividend) 9-30 10-15 75c Preferred 1 11-15 ]62ViC Co.— series Company, 6.40% 10-15 (quar.) Federal 12- 10-30 $$1.25 (quar.) 11-19 $$1 Phonograph Corp. Federal 9-24 $1.37% ser. 8 $$1.50 (quar.i_„ 5 $1.37% Co. 8 $1.12% (quar.)„ Enamel & Heating Products, Ltd., (quar.) Equitable Credit Corp., 60c preferred (quar.) A 10- Canada, Ltd.— Hines ■" (quar.) (N. 9-24 15c 7% preferred A (quar.) Hershey Chocolate, 4%% Co.— Abrasives 5 ~ 3%% Hot (quar.) & preferred Electric Household Extra Class of 2-18 .10- t50c Hayes Industries, Inc. Heinz 11-26 3-10-55 10c (quar.) Cotton, preferred Hecht 9-15 10-15 $1.25 Co. Oil preferred 5% 9-30 1 12-16 $1.25 (quar.) Haydock Fund Hoe 11- 10c Erie Railroad, (quar.)_ Manufacturing convertible 5% 11- Ohio RR. & preferred series B (quar.)_ 4Vi% preferred series C (quar.) 9-24 $1 (stock Empire Trust Co. (quar.) 9-24 Co., Ltd.-— (quar.) & 10-15 8 Hercules Steel Products Corp.— (quar.) (quar.) Refractories Emerson Radio 9-30 10-15 5% 10-15 ^$37%o (quar.) 11- $10c (quar.) com. Ltd., Electric preferred 10-15 t$3 80c 12Vic preferred (quar.) (A.) Co., 5 Vi% pfd. (quar.) preferred (quar.) Havana Lithographing Co.— '•'.■"• 12-24 12-24 $$1.12% Ltd., common Auto-Lite Electro GJatfelter $1.75 Electric, $5.25 I.) lO- 1 quar.)__ Harris 1 Steel, Ltd.— partic. preferred Participating > $4.50 of (quar.) Petroleum 5 S1.12 V2 <quar.) Container Corp. of America, 4% preferred (quar.) Continental Casuaity Co. (E. (incr. Ltd., 5% pfd. (quar.) Co., 5% pfd. (initial) (s-a)___ Harbison-Walker Rerfactories 9-10 11- 12-30 $17 Vic (s-a) common 4% General 37«/2C 37V2C t5c Gas 11-15 25c Duncan Coffee, class A (quar.) Duriron Co., 5% preferred (quar.) $5 Inc.— u payment Extra 5 51c , (quar.) Products Pont 10- 10-15 Quarterly - 5 17 %c (quar.) 5% Yellowknlfe Metal 2-lor-l split Consolidated Royalty Oil $4.50 10-11 51V2C posed Consumers 10-20 62 '/2c Discovery Consolidated 0-17 1 47V2C : A 10-10 10- . Ordinary B Common Consolidated 10-11 f35c ; (quar.) pref. class Conso'idated 11-15 30c (quar.) Extra—— — 1 10-15 1 45c ; Common 1 12- (Toronto)— preferred -.(quar.) Consolidated Chenical Industries, . 11- 40c ••$2.20 ($1.50 6 9-15 11- f38c preferred 10- Co.— (quar.) preferred $2.04 & Go., $3.50 preferred $4.§0 preferred Y.) Gypsum Lime & Alabastine 6% 110c A 10-15 (Montreal) ! Hawaiian 10-28 62 %c 1 (quar.) Co., (N. Extra Hancock 10-15 15c America 5Va% above pfd. shares being called for redemption on Oct. 15 at $1(J7 per share plus this regular dividend, 6% Connecticut Light & Power Co. £2.06 preferred (quar.) $1.90 preferred (quar.) ! 10-30 10-31 $5 _ Ltd...i—_ Assn. 9-27 12-20 i(;c Co..-(quar.) Natural Commonwealth Confederation 10-22 35c _ Edison 1 10-13 1-3-55 $1.18% (quar.) (tnonthlv 1 Quarterly Commonwealth 11- 2% t20c Ceniral Columbus 10-22 $1.50 : Milling & Elevator (increased) Columbus 11-1B 1 $1.25 Colorado 8 9-17 from (quar.j •All Louis Colorado Power 1 II- $1.75 (stock (quar.) Co., 4%% 12- 50c common Ltd. 8 9- $1.25 _• (quar.) Co., 9-24 Ry. t Mahoning Rv. >s-a> Cincinnati, Chicago & Cleveland, 7 10-18 20c common-, Multiplier Corp., Clearfield 10- 50c common 10- 10-22 $$1 Chemical Mobile Hamilton 9-20 1 $1.50 common North Insurance Co. (5 preferred payable (quar.) $4 .preferred First preferred, (quar.V— w— Clary 1 yio-29 50c Orleans, Co., 11- $5 ; Oil (jrexentQ Baking : (quar.)— Products Cotton (quar.87%c Rrt.— (quar.) (quar.)J Molded Chickasha City Illmoia 17%% payable (quar.) preferred Co., Dominion Textile Dow 6% Chesapeake & Ohio Ry.— Chicago & Eastern 7c (quar.)__ Square Corp. Ltdi Federated i —preferred 8 (quar.) (from Chenango & Unadilia 1 ' 11- 25c 9-30 10- 37 %c - — Power 8 1 11- 10- 11- * Gustin-Bacon 7 9-30 1 - 5% $$1.12% . Ry. 11- 10- 10-15 50c 25c preferred A preferred Common 9-30 $93%c (s-a) —- 9-30 10-15 $10c (quar.) Hudson Gas & Electric Corp. Kansas Co., 4%% preferred Inc. 1 10-15 $$1.12% Ohio 10-14 1 Co., (quar.) of Extra 3 10-15 37 Vic Quarterly Eastern Bakeries Ltd.— Co. (quar.) Investments, Ltd.— Fund, 10- Ltd.— & Ohio Light & 1 8 and (quar. (quar.)___ preferred Edison (quar.)— Chemical 10- 1 11- 8 $$1.50 series) (initial) (initial quar.) (5%: preferred (quar.) Central Aguirre Sugar preference 10- $27 %c Ltd Carolina Power & Light Co., common Celotex Corp., common Central Canada 11- 11-15 37 %c (quar.) Dominion Tar & Chemical du 9-15 1 Ltd.— Co., (quar.)-; Clinchfield 8 5% convertible " 9-20 10-15 t25c (quar.) preferred Carolina, (initial) com. 10- 12-23 11- 12- 40c • Extra 9-30 8 Second 12-23 $$2 $31c — (1954 $75c A $12%c (quar.) 1 10-25 90c (quar.) Income Ltd., Dominion 9-30 1 11- $15c (s-a) • Canadian .Vickers,. Ltd. Central 10-15 11- ______- (quar.) preferred Central 10-30 10-26 50c $$1.25 new Preferred -<1954 series) Canadian Central 11-15 50c (quar.* common Investment, Industries, Ltd.— Canadian ■5% 10-15 10c Dredge & Dock, ' 9-30 * 12- 9 t$1.50 Co. Guaranty Trust Co. 7 12-15 9c Dominion Glass 9-30 9- 12-10 50c (quar.)__ of Investments, value. Also Corp. •7% 10-15 12-20 •-30 — 1 (quar.) preferred (5 preferred (s-a) asset preferred 4%% 9-28 10-15 net Dominion Foundries 9-28 10-20 (s-a)_-_ Ltd. - t 9-10 10-15 quar.)_,___ Corp., Canadian preferred 8 37Vic (-quar.)—-—— Association Canadian 16% 8 10- $1/50 " Canadian General 10- sales on at Dominion Fabrics, 9-28 ' 10-11 9-24 10-15 6% Dome Mines, Ltd. Domestic Finance 9-28 8 $1.17% . Cement Go. common preferred 8 10- $1.75 ___ Power Bronze 10- •40c ~(quar.)__ com> Corp. Steamship $5 10-15 10-11 25c Wards investment net profit 70c 9-28 $3 10-11 (1.25 Doeskin Products, common 9-28 $7 Extra— Canadian 8 8 - 1— Northern Canada -5% -'i 1010- $5c Insurance lExtra Canada 8 8 25c , J. 10-25 5% Colrp., 1st pfd. Dodge Mfg. Corp. 9-24 11- .6% Guarantee RR.— (quar.)- Dixie Cup Co., 7 25c (quar.)—«.*. California^ Portland Camden 1010- (annual)-;.—. (quar.) preferred 9-28 10- 5 10- 1 37y2c pfd. Griscom-Russell 8 10- 10-25 cash) 25c (quar.) preferred 4.70% California in 10-29 2nd pfd. (annual)— Corp., Ltd. 4s-a>—- Calif.-Oregon Power Co., 17% 9-28 10-20 __ preferred partic. stock $50c common— - Edmonton & In $50c participating class A (annual)—-. -Participating ; $3 net 10-18 8 10- Co., Ltd.— from 10-29 10- 1 11-25 11- 10-15 Western Brewery— conv. Gulf cash) dep. receipts for ordinary (final) Dividend Shares, Inc. (2c payable in cash 9-28 10-15 1 11- frac¬ Amer. 9-28 ' 10-15 11- 10-15 5% 12-15 31 %c 56 %c Quarterly Grlesedieck Gulf Xiife Edison Distillers 4 25c t Co. 8 (stock stock, Western Co. (quar.) Match Co., common $1.5^K preferred (quar.) 1 35c : $5 ' ■' 17%c • ____ (quar.) Byrndun Corp., class A Oil 9-28 10-15 10-15 15c Forge Co. (quar.) Burns & Co., Ltd., class A preference -Class B common-. . 15c A Diatapnd 9-10 10- 10-15" luc Buffalo 10' 1 $1.25 " prior Burroughs 11- In Union Stock 9-30 (quar.)__. common paid Tramway Derby 10- 25c A com. class in Denver 9-30 11- 1 11-1 9-20 Holders Payable of J25c DC Inc., com Great American Insurance Co. (N. Y.) 3 $1.25 (quar.) voting payable shares 6 $1 convertible preferred .(quar.) 5% 9-30 1 $$1.18% ; preferred (quar.) preferred (quar.) conv. preferred (quar.) preferred (quar.) Co., Denver & Rio Grande Detroit convertible 5% 11- $25c . _i Co. 8-27 $$1.50 ) Gas Gas 8-27 8 1212- 50c common Denver (quar.) (quar.)_Trust Co. (s-a) Brooklyn 8 10- $l0c _ preferred Bronx 10- $1 (quar.)___ Mfgy dividend Great American Industries 10-20 93 %c (quar.)_ Dennlson , 1 ' Ltd.— Power Columbia 6% 9-30 10- tional __ Columbia 10-15 A 10-15 12-23 $1.06 Dayton Rubber Co., Class 11- 12-20 ^ Dana Corp., 1 12-15 $1.12 (quar.)_,„_ 9-20 10- 10-15 1 When Share 1 50c 3%% preferred A (quar.) Davenport Water, 5% preferred (quar.) 10-15 -2 % % - pfd. Company 12-29 37 Vac $4.24 Per Name of Grafton & Co., Ltd., "class A (quar.) Graham-Paige Corp., 5% conv. pfd. (accum.) Grand Union Co., 4'/2% preferred (quar.)„ 11c 9-10 10-16 5d -Quarterly British Light, 4'/2% preferred (quar.)__ $4 preferred (quar.)__; 11- $2 40c (increased) & 10-15 (quar,)__^ Tyear-end) 12-10 10-15 ^ (s-a)_i. Co. 10-15 30c 933/4C xquar.)__ (interim) dep. rets. for. 5% preferred preferred Laboratories Power Holders 11-1 10c 8% Sugar 10-29 37 %c - 4 When Payable of Rec. 10c 12-20 10% Ordinary Amer. British : 10-11 50c dividend; prexerred Tobacco— B Atlantic (quar.) preferred (quar.) Curtiss-Wright Corp., $2 class A (quar.) 10-14 75c ' Borg (George W.) Corp. (quar.U Bostitch, Inc.,. class A (quar.) Bridgeport Hydraulic '<quar.)__ British Class Cuban •> Share A class (quar.)_. Cummins Engine Co.,-4%% : 3%% of Company Co., Crum & Forster, , 15c (quar.) Bristol-Myers Co., 9 30c iquar.) stock t 10- 20c (quar. > common Ami Co. Crossett < Ridge Insurance (Shelby, N. C.) (quar.) Co., clas6 A (quar.) Bon Borden Per Name 1 $25c - ^ Bros. 6% 10- $10c __ & 10-23 $1.25 (quar.)___- (quar.)__- •Quarterly Bloch (quar. cQmmon Holders Payable of Rec. 50c Water Ltd., When Share ■ ■ , (quar.) Saco & Blltmore Hats, $1 preferred Birdsboro Per , Company Foods, $3 (s-a) (quar.) 11- 1 10-31 11- 5 25c (quar.) Bakeries, 10- com. (quar.) — 11-15 45c 10-15 9-30 45c 10-15 9-30 1 52 (1372) if; Atiui'' Tool preferred ;— ____ Valley KR. Co. (quar.) Lehman Corp., new common (initial) Lehigh Stores Lerner Corp., 30c Lewis Liberty Quarterly Quarterly RR. $15c 25C 12-31 1 Original (quar.) Special guaranteed 11-18 *1.00 2-18 12^10 11-18 50C 3-10-55 2-18 1 10-15 11- 10c Cock Joint Baltimore n%c __________—_____ Pipe, 8% preferred 10- 9-30 10-15 9-30 10-15 $25C 10-15 62 %c preferred Co., (quar.)__ Macleod-Cockshutt Drug Stores Co., preferred (quar.) Corp., Ltd., 5% Mading Mailman Mansfield Tire 9-30 Manufacturers Oil Oflar-Tex Trust Midland Marion Power Common $5c 1 10- (N. Y.) 4%% 1 10- net 10-15 10-15 9-30 $$1.25 10-30 10-12 25c 10-20 10- 75c 10-15 5c 12-15 (quar.)— pfd. (quar.) ; 4% Laboratories 9-30 9-30 Portland 10- 4 9-20 Potter 11- 1 10-15 $15c 11- 1 10-15 10c 10- 3 10- $$1 10-20 1 10-15 (quar.)__ 10-18 10- 8 vestment 9-30 11-15 10*15 9-30 $1.50 11-27 11-20 5c 10-15 10-1 2__ (quar.) , —.____ 34%c 12- 11-26 1 preference series C (quar.)____. _ 96 %c 40c (quar.) 12- 1 (quar,)__ Co. (quar.)_ of America, 10-15 10-29 5c (quar.) com. " 50c 12 %c Montgomery Ward & Co., common V Stock dividend *2.25 preferred (quar.) 10% 56V4C 37 %c (quar.) - 10-27 11- Reliable 10-18 10-18 System, fc Tel Co. Inc., common preferred C«tsb R^eiRtc National Chemical National City & Bank rquar.) 9-30 10-30 9-20 4.10% 9-24 Mills, Ltd., class A (quar.) preferred (quar.) Service Corp., common preferred (quar.) preferred (quar.) 12-30 12-25 10-30 10-20 10-30 10-20 10-15 9-30 $5c 1-2-55 12- 3 $1.50 National Co. 10-11 9-20 10- 4 9-20 10-15 10- 5 10-15 10-15 9-30 10-15 9-30 Diego Gas & Electric Co., 5% preferred (quar.)— 4.40% preferred (quar.)— split-up.)— National Steel Car, Ltd. 9-30 10-15 New Brunswick (quar.) Telephone Co. Ltd, (quar.)__ New England Gas & Electric Common North American Aviation, Inc.— Increased quarterly American Refractories Northern Illinois Gas Northern Pacific Ry. Co., Co. .__ (Minn.),,com. (quar.) *3.60 preferred (quar.) *4.10 preferred (quar.) I I_ *4.08 preferred 44.J1 preferred Oklahoma 4% OMn Mathieson 4% % Chemical preferred Corp., 4%% United Filters 7% 11- 1 10-15 Corp.— preferred 11- 1 *3.40 11-15 11- 1 $4 $1 10-15 9-30 115c 10-15 9-30 10-15 25c 10-15 $1.50 10-10 93 %c 10% 11- 9-20 10- 1 9-30 1 10-18 10-29 9-28 (quar.)_ 11-15 1 11-15 12- 1 11-15 Title Insurance Co. of Minn. 1 10-15 Title Insurance Si Trust Co, 10-22 9-30 Tobacco & Allied 10-20 9-27 Trans-Caribbean 10-20 9-27 Vrav-Ler *28c 1-2-55 12-15 50c 10-14 9-23 25C 10- 9 9-28 $1.25 11- 1 10-15 40c 10- 4 9-27 50c 10-30 10-19 12,15 12-15 10-15 9-20 (Ed) 1 8 $4 preferred 10- 8 9-30 i 9-20 10-15 10- 5 56c 10-25 10- 8 12- 1 11-15 $1.02% 12- 1 11-15 $1.18% 12- 1 11-15 $1.02% 12- 1 11-15 10-15 $2 $1 11-15 $$1.06 1-2-55 $50c 10-27 9-30 11- — 1 12-10 10- $1.25 12-15 12- 25c — 1 1 10-10 11-15 11- 20c 10-14 25c (quar.) 10-16 14c com. 1 9-14 10-15 9-30 22C 10-15 9-30 22 %C 10-15 9-30 80c Seaboard 10-15 9-30 $5.75 20c 10-20 9-30 90c 10-15 9-30 $1.02'/2 10-15 9-30 10-15 9-30 pfd. Smith Smith 10-30 10-15 11- 10-14 50c 25c 11- 1 1 10-14 $25c 11-15 10-15 $$1.75 11-15 10-15 (quar.)— 25c 10-15 10- 10-18 10- 8 1 Class B 4%% of (N.) Co., (Howard) Common Aircraft 5% Canada, 10-10 9-23 12-15 12- 1 10-11 10- 5 75c 10-11 10- 9-30 12-20 12-10 11- 10- 1 8 Ltd.— (quar.) common — 6% Paper Mills Ltd.— Co., (quar.) common , 1 (quar.)™. 10-15 10- 11-15 10-20 11-15 10-20 U. S. Life insurance 7% preferred United Steel. 9-20 $1.12% 10-15 10- 5 87%c 11- 1 11- 1 10-12 11- 1 10-12 75c 10-15 $2.50 10-10 9-10 9-20 62»/2c 11- 1 10- 4 37 Vc 11- 1 10- 4 11- 4 10- 4 50c 10-15 $1 10-15 (Bait.)— (quar.) 9-24 10- 4 20c (quar.jZ., 10- 7 9-21 20c 10- 7 9-21 10- 4 9-24 22 %c 1-2-55 12-10 35c 10-11 10-, 1 25c 10-15 9-30 87 %c (N. Y.) 10-15 IOC (quar.) Ltd., 10-15 15c 25C 9-27 12 %c 12- 2 12-13 12- 1 §75c 11-1 10-14 lOe 10-15 9-20 17%c 6% 12-13 IOC (quar.) 10-15 9-20 1 10-14 Universal Leaf Tobacco— Co. (quar.) ; — B.j, 5% ,pfd. (J. • RR. Virginian Railway— 6% preferred (quar.)_— 6% preferred (quar.) 6% preferred (quar.)— 6% preferred (ouar.). Vulcan 10-8 $3 10-15 9-24 10- 1 10- 7 9-28 11- 1 10-19 ; 37 %c 1-15 37 %c — 2-1-55 37 %c — Detinning Co., 7% pfd. (quar.)—_ (Hiram) Gooderham & Worts, Ltd.— Walker llr $1.25 (quar.). (s-a) A 50c 30c (Increased quar.)—i, 5-2-55 4-18 37 %c 8-1-55 7-15 35c 10-20 10-11 $75c Quarterly 10-15 9-24 t$l Warren 5% Bros. Co:, common (quar.)— preferred Washington Gas Light Co., Weatherhead 1 9-28 9-29 pfd. A (quar.)——_ United Stockyards Corp., com. (quar.) — 70c conv. preefrred (quar.) Wellman 1 10- 8 — 10- 10- 10- « Corp., common U, S. Sugar Corp. 2 10- 9-28 35c preferred (s-a) (quar.) U. S. Shoe Corp. (quar.)—— U. S. Smelting Refining & Mining Co.— U. S. Plvwood 1 10-15 10-1 (N. J.), 4%% U. S. Lines Co. 11- 11- 10-20 11- 1 —: 11- 5 10-20 11-15 11-15 — Class B $15c "10- 8 1 25c (quar.) com. U. S. Finishing Co., $4 non-cum. pfd. U. S. Foil Co., class A 10- 5 (quar.)— J,(quar.) common (quar.) Co.,*$5 preferred Engineering 9-24 10-15 10- 1 62 %c 11- 1 10-15 45c 11- 1 10-15 $i.oey4 11-10 10-25 $1.12 % (quar.) preferred $4.50 10-15 25c 11-10 10-25 $1.25 (quar.) 10-15 10- 1 West Kentucky Coal Co. West Michigan 11-10 10- 1 11- 2 10- 8 11- 1 10-15 $1.12% — 50c 25C 17 %c Co Steel Foundry— 7% preferred (quar.) (quar.) West Penn PoWer Co.— 4%% 10-30 9-30 4.20% preferred 10-15 9-30 4.10% preferred 10-30 10-15 9-30 1'7%C 1-3-55 12-15 $i:25 1-3-55 12-15 Westates Petroleum Co., 70c preferred Western Grocers, Ltd., class A $1.40 preferred (quar.) (quar.)_ J— — 10-15 9-17 $1.05 10-15 9-17 $1.02% tquar.)— (quar.) (quar.) preferred 9-30 £5,Gc 10c Atlantic Gas 25c 87%C 9-30 10c Corp., (quar.) 25c (quar.) 11-1 — 1 $25c n 11-15 — Quarterly 11- , 1 9-24 5% (quar.) United Specialties Co. (quar.) U. S. Fidelity Sc Guaranty Co. 10-8 1 10- 5 dividend)— (quar.)_ Machinery preferred 1 50c 40c 35c (cash Railroad Si Canal J. 50c , 9-30 10-15 — Fruit Co. Shoe 11- $53c (quar.) 11-15 $$1.75 of Amer. $4.25 preferred (quar.) jt 10- 5 10-15 $25c 5 10-27 • 10-15 (quar.)—.— class A (quar.) $1.50 common (quar.) preferred 9-23 5c Extra South 9-23 10-10 10c (quar.) (quar.) Co. 9-28 12C ■ (quar.) *2 preferred Solar Class B $35c Ltd., preferred 11-12 8 10-10 20c (quar.) (A. O.) Corp. 1 10- $1.25 ' America Co. 12- 9-24 9-30 12-28> 11-26 (quar.)— (quar.) Stores Corp.— (quar.) Tool Corp.; class A <quar.)__ United Drill Si Van Sciver $1.43% Falls Machine Co.J of Ltd. preferred Upson 11-12 5 *1.12% Canada *3.50 convertible preference 10-15 1 10- 10-15 1-5-55. United Clgar-Whelan 10-15 12- 1 *1.12% 92 %c (quar,) of United Biscuit Co. 1 45c Inc 12- 1 7%c 31 %c (quar.)_ 1 30c — 12-10 $1 Union Twist Drill Co. 11- 53c (quar.) 10-15 10- 5c t (quar.)_ Union Sulphur As Oil, 11- $1.07 y3 ; corny (quar.) pfd. (quar.) Corp. Co. 85C (quar.) Co., Sierra Pacific Power Co., 6% preferred (quar.) 9-30 $1.12 Va 10-20 1 9iy4c ; Common 9-30 5 11-10 Co Sherwin-Williams 10-15 11- 25c (quar.) 10-29 10-15 *1.75 v — (quar.) preferred Gas *1 American Shares, Sheraton 10-15 1 ; — Extra Slater 12- 10- Oil Co. (quar.)_ Security Storage Co. (quar.), Seneca 9-22 10-15 Seaboard Selected 10-"5 $1.34 25c common 10c 35c (quar.) u (quar.) Vermont Si Massachusetts Finance $2.12 conv. 9-21 1 .Union Common preferred Steel Scullin 9-27 11- $4.50 8 ' Inc (ouar. Extra Co. 10- 8 of Missouri $3.50 10- 10-15 IV — Union Electric Co. 10- ' 11- — Ltd., 7% pfd. (quar.) Twin City Rapid Transit Co., com. (quar.)— Twin Coach Co., (stock dividend;—; 1 Udyllte Corp. (quar.) 1 40C 10- 8 $1 SOc (quar.)_ Co., 10-15 20c com & Co., Mfg. Co.— 3.65% preferred 6 10-27 Tobacco II- Scovill 10- 20c TUckett 15c 1; 10- 1 . $1.25 pfd. (quar.)— Trinity Universal Insurance, com. (quar;) True-Temper Corp., 4%% pfd. (quar.)_ 30c :t" —— Stocks, Corp. preferred $8.70 preferred 10-15 11-19 1 11- 25c — I-2-55 II- 12-15 11- $1.21 (Los Angeles)— Airways Inc., cl. A Radio 12- 1 $1.14 Treesweet Products Co., $1.12 y2 50c 10- 1 ;— 35c I-2-55 9-24 10-15 —. 11- *28C 10-15 20c Light, $4.56 pfd. (quar.)— $4.84 preferred (quar.) $4 preferred (quar.) Thompson (H. I.) Fibre Glass Co. (quar.) 12- 1-2-55 15c (quar.) 20c — preferred (quar.) (quar.) 10-15 $1.06% (quar.) 1 10- 4 10-20 50C — Corp. $1:50 oreferred 30c • Inc., class A (quar.)__ 12- Common Scott Paper Co.— 11-15 $2.12 Products Co.. Ltd., com. (quar.) preferred 75c 20c (quar.) Ontario Steel Schwitzer-Cummins $1.02% ; (quar.) Oliver B Schuster 9-15 Electric Co.— (quar.) Oliver Class 9-15 10-15 $1.02 (quar.) (quar.) Gas*& preferred 10-15 75c common (ouar.) Northern States Power * 9-30 75c (quar.) 10-15 11- 1 18 %C quar.)___ : Quarterly — (quar.)__ Schenley Industries, Inc. (quar.) 4.30% Newberry (J. J.) Co., 3%% pfd. (quar.) No-Sag Spring Co. (stock dividend) 1 (Initial (quar.)__ 60c preferred 10-11 25c Jersey Natural Gas Co., common Newark Telephone (Ohio), 6% pfd. (quar.) 10-15 llr $1.05 preferred (quar.) Miquel Brewery 5.36% Assn.— (quar.) New North Antonio Transit, 60c New Bedford Gas & Electric Light 10-15 $1 A San Corp. A.) Co. $1.12'/2 (quar.) St. Paul Fire & Marine Insurance (quar.)— 37 %c (qu«r.)__ 9-24 $i.06y4 (quar.) (quar.) convertible preferred 5% $50c _____________ *2.40 preferred Ltd. Corp., fct«C • (O. & (quar.)-. Terre Haute Malleable Si Mfg. (quar.)_ Texas Illinois Natural Gas Pipeline—- 9-17 10-15 55c dividend)—- Sutton Savannah Electric & Power— _ (quar.) Ektra Naugatuck Water Co. (s-a)_ Neptune Meter Co., common (quar.) , Lawrence San div.) . this $1.25 4Va % 20c 9-30 $1 par common stock for each share held so as to effect "2-1 10-30 $2 preferred (quar.) St. 10-15 11- 9-22 9-20 11-15 St. Louis-San Francisco Ry. Co.— additional share of (One 10-15 10-18 quar.) (quar.) 9-20 11- 1 9-24 Temco Aircraft (Initial Saguenay Power Co., 4'/4% $1 10-15 9-30 4 10-20 Service— $$1.25 10-15 4 1-15 1 10- 9 United 10- 10-18 11- 10-11 United N. RR. 10-11 1-31-55 $35C United D 12-13 10-22 10-29 25c preferred (quar.) Super test Petroleum Corp. Ltd.— 5% preference (quar.) 9-30 &. Whitehall 1-3-55 15c (quar.)__ $1.40 redeemable 9-30 preferred 57c 20c pfd. 4%% (quar.)— 10-11 9-30 11c ; ; 9-30 11-26 1 10-15 San Series 9-30 7 12-10 10-20 10-15 5c Shares Corp. (increased) National Starch Products, Inc. (stock 10-15 10-15 7 10c 10- 20c 10-15 25c Series 9-30 10- $1.12% 30c Royal McBee Coip., common (quar.) $1.12% 4%% preferred A (Initial quar.) — $1.66%c 5% preferred B (initial quar.)_—.—— 1.83 y3c 5'/a % preferred C (Initial quar.) 10- Series— National 10-15 9 1 25c — preferred (quar.) 9-30 6% 11- 11-15 Co., 4%% Swift Corp. -(quar.)———-— $1.25 (quar.) 9-24 $1.50 class com. 12- Sutherland Paper Co.— 4.40% pfd. (entire issue called for redemp¬ tion on Nov. 1 at $103.50 per share pi,tys — —— 20c Speculative Series Balanced 11-1 10-15 9-30 10-15 $25c preferred A (quar.)_. of California (quar.) Superior Propane, Ltd.— 40C 5c Lock National Securities $1.50 9-17 Super Mold Corp. Sun Oil ; $1.12% 4%% 9-10 9-17 8 12-31 (quar.) Texas Power & preferred series J <quar.)_ Piywood Corp. (quarj_ Aircraft Rutland National Linen 10- 4 10-11 Rohr 8 $4 2nd 1 10-5 8 45c (reduced) Electric 10-25 Roddis 10- 25c B 11- 9-24 1010- $1^5 dividend 10-15 10-15 1 National Lead Co.— class 5 10c 1 11- 10c (quar.) 10- 25c 11- 60c 5c (quar.) 10-15 25c preferred series F (quar.)_. 4.10% preferred series H (quar.) 4%% preferred series I 9-14 2% National Electric Welding Machine Extra 10-15 Stouffer Corp. $1.75 4% 10-15 10-15 Stone Container Corp. 62 %C 10-15 $15c 93%0 Strawbridge Si Clothier (quar.) —-—— Rochester Gas & Electric Corp., 9-30 10-15 25c >-^tational Company (stock dividend ) National Hosiery 10-15 75c . (quar.)_____ Mfg. 6c 5% (New York > (increased) national Fuel Gas Co. 9-30 50c (quar.) 5 1 Suburban 1 4% 10- 15c A (accum.) —Rochester-American Insurance (N. Y.) (quar.) Rochester Button Co. (quar.)— 12-15 10-15 37%c (quar.)—___ (quar.) Mateo Corp. (stock dividend) National Biscuit Co., common National 12-20 $1.65 (quar.) 10-25 (quar.). Corp. (initial) Stores, Inc. (quar.) 10- 15c $3.50 Tel 12- C6rp.— Lithograph $1 ' 9-30 Verhon-Woodberry Mills 10-25 Investment Corp 10-20 t5c Cement, 9-24 12-1 $15c 10-15 1 9-24 62 %c Bros. Stock 10-15 1 10-11 Ohio $1 Republic Steel Corp., common (quar.) Revere Racing Association, Inc. (quar.)—— River Brand Rice Mills Inc. (increased quar.) / 10-18 11- of Co. Stern & Stern Textiles, 9-10 11- 4 10-11 (quar.) Parts Steel 11-19 10-18 12 %c (quar.) A (quar.) Radio, Ltd., class A preferred (quar.) Steel Co. of Canada, Ltd. 9rl5 1 10-23 12 %c 5% 20c (quar.)—. income) (Indiana) 33y3% Electric & Riverside preferred (s-a) Mountain .States 10-15 Extra 8 11-15 10-15 1 Stores .Reliance 9-20 1 11- Corp. (quar.)_ _________ Engineering Co.—. — Renold Coventry, Ltd., class A (quar.) 11-10 ;10- 6 10- 1 10-15 Quaker Oats- Co., common -(quar:)__ 6% preferred (quar.) — R & M Bearings Canada Ltd., class A (quar.) Reading Co., 4% 2nd pfd., (quar.)— ; Reda Pump Co, (increased) Reece Corp., 5% preferred (quar.)——.— Co.— Montana Power Co. Inc. preferred 10-15 - 1 12- $56 %c — preferred Sterchi preferred (quar.)— Punta Alegra Sugar Corp.— Putnam (George) Fund (quarterly from in¬ 12-15 $75c 11- 97 %c 4y2% 5 5c 20c (quar.)__ Stecher-Traung (quar.)— (quar.) 4.20% 10- 1 State Street 1 $1 (quar.)_ —— preferred (quar.)— 11- 50c 1 10- preferred 4y4% 10-30 $1.06% 10- 10-15 Common 9-30 10-15 10-11 75c 2c 10- 10-15 $2.50 10- 50c dividend B 11-30 10-15 100% Oil Co. Oil 1 12-10 40c (quar.) Class common 8% B 9-20 20c (quar.) preferred 12-10 Prosperity Co., Inc., 5% pfd. Public Service Co. of Colorado— 1 12- 1-2-55 (quar.)__ 10-15 1 10-15 lfec (quar.)____ Co. (quar.). Society, class A preferred (quar.) Motorola, 11- ^$1 12-15 10-15 * (Dallas)— Portland Cement, additional Dredging Corp., common (special) Class (T. Rowe) Procter & Gamble, 9-20 1 $1.22% Mills Corp. 1 11- gc Loan Morris Plan 1 11- 11- (quar.) Mississippi Valley Barge Lines Co. (Robert); Ltd. (qtrar. Mohawk Liqueur Corp, _____ & : 25c ; preferred Ontario Paper (John) 11- 1 1-3-55 $$i 25c aoc i Co.— (N. J.) (quar.)_ Standard Fuel. Ltd., 4y2% preferred (quar.) Standard Holding Corp., class A (quar.) first preferred Oil, 10-12 $1 Growth Stock Fund— Stock dividend. (One share of the $1 par value stock for each share held)——— Price 10-11 10-15 3% % (entire Issue called for redemption on Oct. 15 at $110 per share plus 'this regular quarterly payment) — 1 10-15 50c $1.60 Ltd. Corp. of Canada 1 10-15 Standard (quar.)___ General Electric 10-11 11- 50c Stock 10- 9-15 $1.75 1 Standard 10-15 9-20 9-30 10-15 1 1 9-21 liy4c 11- 11- 10-15 Co.___~—_______________ 6% 9-30 $1.10 Mitchell 5%% 12- $50c Corp. 10-15 11- 12-10 (quar.)™ 17 %c 19c 4c $4 preferred 9-20 10-15 20c 10-29 (quar.)___ Cable & Pratt-Hewitt (monthly) Monsanto Chemical Wire 10-15 Ltd.— Miller Mfg. Co., class A (quar.)_ Miller & Rhoads, Inc., 4%% pfd. Monarch 10-25 10-15 JMcQuay-Norris Mfg. Co., common (quar.)___ Michigan Gas & Electric i r & 12-10 Power (quar.) Co. 10-20 10-15 (quar.) (quar.) England Increased quarterly 1-2-55 (quar.) Co. 11-15 $$1.50 $1.20 Telephone New 20c Plastic 12-31 17 %c •Z' preferred 10-15 convertible 45C $15c ". Midland Bakeries, 11-15 1 10-15 9-30 Co. $1.12% 9-30 9-20 20c . ' (quar.) (quar.)_ 11-19 1 11- 25c 10-15 Standard Fire Insurance Piper Aircraft 9-20 5 (quarterly —_ preferred 1 12- Corp.— preferred (quar.) Pittsburgh Brewing Co., $2.50 pfd. (accum.) Pittsburgh, Ft. Wayne & Chicago Ry.—• 7% preferred (quar.)— — Pittsburgh & Lake Erie RR. (quar.). 5 10- 52 %C —.___ (quar.)— Corp. (quar.)—_____—______ Extra 12- $1.06 ——— Ry. Northern Pioneer Finance 10c 4% preferred (quar.) Mclntyre Porcupine Mines 62y2C 10-15 37 %c (quar.) Materials Standard dividend Pillsbury Mills, Inc., class A (quar. Co. 11-19 (quar.) 9-20 23c Oil 10-20 1 $1.08 V* Dairy Products Co,— preferred (quar.)— preferred (quar) 2nd preferred Standard 12- 4% 57»/aC $1.75 9-20 10- 1 12-15 12'/aC :— 1st Stock 1 15c 10- 9-30 Spokane 10-15 1 5 10-15 (Quarterly) 1 10-20 (quar.)_______ (stock dividend) 10-15 common. MoColl-Frontenac Minnesota 9-20 10c 11- 10- Spokane International RR. Co. (quar.) , 12-15 preferred (quar.)—™_ 3.90% preferred (quar. Philippine Long Distance Telephone Co Phoenix Insurance Co. (Hartford) 1 10- 1 10- 1 11-15 t75c ___________ $$1.50 Fruit Co., common $17 %C —__ Trust (quar.) 4% 8 12- 11- 5 10-31 59c 'Southwestern Life Insurance Co. (quar.) 10-15 McCandless 4.40% 4.90% (quar.) Hampshire)— 12-1# 1-2-55 5 10- (initial quar.) Southern Nevada Power (New common $20C 1_ Investors 2%c 25c preferred Piedmont & .___ B 11- 30c income) pref. Co. Casualty preferred Southern 10-11 10- 10-31 37%C (quar.) Southern Franklin Process, 7% pfd. Southern Indiana Gas & Electric— 9-30 10-25 10-31 28 %c —— Southern Philadelphia & Trenton RR. Co. (quar.) — Philip Morris Si Co., Ltd., common (quar.)__ 9-20 10-15 53 Vac — Mays (J. W.). Inc. (quar.) McCabe Grain Co., Ltd.— Bond 10-15 5c convertible preferred $4 9-30 25c 13%c A 5% $1.50 (reduced) Co. 1 50c $$1 (quar.)_ Southern Colorado Power Co., com. 4.80% Rec. 10- $50c partic preferred Participating 4.72% of 10-15 28c (quar.) 6% Chemical Co.— *4.50 Ltd.— (quar.)___ Corp. (quar.)_ Factor & Co., C% 9-30 ; Common Philadelphia 6 common-——— Tel. Co., (quar.) Massachusetts 6% 9-30 10-11 — 4.25% 6 11- (quar.)__ «3»ryland Casualty Co.— $2.10 prior preferred (quar.) Mutual 10-11 9-30 10-15 11- (semi-annual) Corp., & Martin-Parry * Extra 7% 30c $1.25 quar.) Permanente Cement $1 .____ preferred Mount 9-20 preferred (quar.)__— Peoples Gas Light & Coke Co.— $1.06 % ____ Shovel Co., Tel. Maritime Morrell 10-15 (Increased pfd. A (quar. )__ common Co. Gas & Marine *3.85 $1.10 9-30 10-15 $1.50 preference (quar.) Rubber Co. (quar.)______ & 10-15 * , 9-20 4.60% preferred (quar.i_: 5% preferred (quar.)__________ Pennsylvania Power Co., 4.24% pfcL (quar.) 9-30 10-15 Ltd.— —_______—!', Interim Monroe 10-15 (quar.)_ Lighting Common 9-15 1 11- 50c ________ Mines, Gold Macy (R. H.) & Co., 4%% 4% preferred B (quar. Miles $1.12y2 Penn 10-15 31 %C M.) (Walter Class 9-20 $6 45c Ltd—________— SOc 10-15 Quarterly Ltd., 12-22 10-22 1 Lyon Metal Products. 5% pfd. (quar.) ItacAndrews & Forbes Co., common (quar.)__ Class 9-27 $1.18% Peerless $1.25 preferred ($100 par) (quar.)—_______ 5% preferred ($25 par) (quar.) Max 10- 10-15 Penman's, 11- *1.75 5% from 10- 10-15 5% 11-15 1 1-2-55 $1 (quar.) 2nd preferred (quar.) Louisville Gas & Electric (Ky.), com. (quar.) 7% 10-15 Park Hotel— non-cumul. 55c 12- 55c , (quar.) Lord G% 12-15 25C Packard-Bell 1 10-15 12- 10c A Cowney 10- , Preferred 7% 3-10-55 50c — (quar.) guaranteed (quar.) Local Finance Corp. (R. I.), common (quar.) 10-15 Corp., $4.75 pfd. preferred (quar.) $4.40 preferred (quar.) Pacific Power # Light, common™ 5% preferred (quar.)—-— Pacific Telephone & Telegraph 6,% preferred (quar.)— 10-24 12-10 11- 50c 10- (quar.). $4.50 (Port Wayne 1j>— $1.10 10-25 50c — 10- 20c —— Pacific Gas & Electric Co. 12-23 When Tuyable $1.12% 4%% pfd. (quar.)_ Southern California Edison, common (quar.) 4.48% preferred (quar.) 4.56% preferred (quar.) ; Southern California Gas, 6% pfd. (quar.) 6% preferred A (quar.) ; Southern Canada Power Co., Ltd.— 10-20 10-29 *1 (quar.) preferred (quar.) 11-15 25c — . Pacific (quar.) Original 10c 62%c (quar.) Terminals (s-a)__—— Coast Extra C.)— Special Class Pacific 11-15 9-30 ; Miami 10-20 10-29 ______ ______ Lincoln Nat'l Life Insur. Co. Little 10-1 1 12-15 11- ipaiii of Company South Pittsburgh Water, Corp. 4% Products, Inc., Pacific Clay Products Pabco 9-27 40c Ltd. (quar.) Fiberglass Name Payable of Rec. 5% in (payable stock)— com. 10-15 30c (quar.)__ Life Insurance (Greenville, S. Bros., Otis Owens-Corning 8 Share , par Co. Elevator 10-15 10-8 $1.12% 4%% preferred (quar.)— (quar.) Leslie Salt Co. $20 10- 1 10-20 15c (quar.) common 11- 96 %c (quar.)_—i preferred 3.85% Rubber, O'Sullivan 10-15 1 (Aames) & Sons Co.— JLecs ' Name of Company Payable of Rec. 11- 10c M(g.___—_ <fc Holders Per Share Holder$ When ' ' •W Maire <Xtic Commercial and Financial Chronicle... Monday, October 4r 1954 - Per Holder$ When Per Share ^: _ Name of Company */T 10-15 9-17 20c 10-20 9-25 $50c 10-15 9-15 $35c 10-15 ,9-15 Volume 180 Number 5365 The Commercial and Financial Chronicle ... (1373) Per Name of Company When Share Holders $4,000,000 Payable of Roc. class A (accum.) $2 M- 1 . 10-15 ■ Western Pacific RR. 5% ' preferred 5% preferred A (qua*.)— Western Plywood, class B (quar.) Western 5 % - Tablet & Union Westminister Stationery, (quar.) Telegraph preferred Western Wisconsin : 6% . preferred Wisconsin 17 10-15 10-15 1 8 25c 10-15 10- 10- 1 Southern ing to in : 10-31 11- 10-15 $1.26 — (quar.) 1 11- 1 10-15 20c 10-15 10-29 in 9-20 50c 10- 5 10- 5 11- 1 10- 25c 11- 1 10-20 Consolidated Zeller's, Ltd., Gold 37 tec preferred * preferred books not 1 resident tax 15%; Less British 10-29 9-30 11- 1 11- 137 '/ac 11- for 10- x Less Jamaica four Ohio, fifth a 10- 1 1 J.0- 1 tax. The corrected payment offices winning group $99,000, or 10.869 Fenner General Corporation and & general of its working capital declined by only $563,162, to $2,498,431 $3,061,593 at the end of June. 1953.—V. 179, p. 829. from the and specified cents and earnings President. Mr. operations of of this year before,- it to about Riggin also said on Sept. that 28 by Mueller L. P. plans Riggin, to had expand the amounted to sales compared as 31, Aug. $49,382,807 in with the of A. income of $2,559,916 corresponding period last year. .T During: the third fiscal quarter Brass amounted to $12,808,964, as like period last $4.78 or share per , consolidated compared net with in of 1954 from railway railway oper. income 1953 1952 $2,837,007 $3,376,364 from 667,970 1,019,849 Net ry. 371,458 534,790 with Net ry. railway: railway from 23,901,898 7,791,705 3,004,382 3,947,505 income oper. on debt; Langley Trotting Association, Inc.—Merger Planned— Inc. The first stage of has preparatory plant at East toy Roy Shipley, President. In addition structing including When add extruding 50% to the new $1,000,000 announced was the its at last company is East Canton driers,, and continuous the plant improvement Canton plant's and located in capacity Canton balance of reduce facilities annually.—V. The operating midwest, east, the addition East at completed. improved and plant, facilities spring, in dollars week and also con¬ operation, kilns. tunnel will program in floor to the company's which 180, of the 23 leased •of and at several south. be of The hundred several 16 $3,000,000 investment normal used its in new thousand plant build at £EC will of serve new a Forest.—V. company covering to be items of National's plant a temporary facility as 80,000 180, Ho be used Sept. on $250,000 of offered for sq. ft. plant at Findlay, 911. p. Ohio, completion until which the Total assets 20 filed 20-year letter a 6% capital of company notification subordinated face value, without underwriting. working capital.—V. 178, p. 1374. of the Research & National The with the are Corp.—Record April 30, last, there shares.—V. 180, 3.5,331,872 per The and the .stock ■be stock p. 39,385 shareowners and they for each to stockholders share shares meeting Products Inc.—Splits Common of also presently common added to of held. stock the one additional Giving effect outstanding. company's share to this, authorized of owned Stock common there . . -i . * - * to 26, JJune to 30, 1954 $121,338,667 other subsidiaries; of in Oct. and 1, System a fund the are; a to amounts $1.37 per for the period shares the same preferred average $235,572 five 1,925,200 periods. Tax share common representing cents and respective per out¬ accruals, the per current amounting to $3.29 period, increased 3% or common increase in Federal an average shares common share common share prices out¬ now income taxes of $112,690 consolidated operating revenues for the latest 12 months were compared with $37,027,122 for the corresponding period an increase of 4%. Net income before parent company fixed charges and provisions for Federal income taxes was $7,805,830 com¬ pared with $7,482,121 for the 12 months ended to surplus 1953. a parent company basis was $2,916,328 for compared with $2,872,608 for the corresponding previous period, representing earnings of $1.23 per average common share, after preferred dividends, for the current period compared with current $1.37 per previous the average basis adverse effect share per common share outstanding amortization for of 31 the Aug. should Period End. July 31— not which for the and exceed 5 approval Sept. 11 corersponding will Its main will 101 y2% from 1983, used to 1031/2% 1, after 1983. Oct. :; on or Sinking 1955 to 1, , ! , . redeem, Pacific North lines operates Dakota, extend miles 6,886 of road in Wis¬ Montana, from Idaho, Washington' and St. Paul, Minneapolis and Duluth, Wis. on the east, to Seattle and the eight months ended Aug. 31, 1954, the company operating revenues of $109,160,436 and income available charges of $12,521,566. For the similar period in 1953 com¬ parable figures were $118,607,438 and $15,274,544 respecticely. railway for fixed CAPITALIZATION Prior lien GIVING EFFECT TO PRESENT FINANCING bonds, due Jan. 1, 1997 3% bonds, due Jan. 1, 2047 General lien St. Paul & Duluth 4% gage Outstanding 4% bonds, R. R. due Co. June first 1, $99,957,600 mort- 1968 1,000,000 253,000 St. Paul-Duluth Division 4% bonds, due Dec. 1, 1996 Refunding and improvement mortgage bonds, due July 1, : 53,914,000 consolidated ■"*•> - ■■ 2047: Series A 4%% 17,718,000 Collateral trust 4% bonds due Oct, 1, 1984 SEquipment obligations and conditional sale Common stock (no Fractional 52,000,000 contracts. value) par ■(J-.- "49,223,007 t2,479,984 shs. scrip 16 shs. j. 180, Telegraph 1954—Month—1953 requested reported on p. 1210. following: 1,685,994 operating taxes__ 1,456,480 operating income after charges 2,308,972 1,750,609 146,864,897 135,854,374 15,321,403 107,588,779 101,343,527 1,486,884 12,503,172 10,308,757 1,376,560 10,212,721 9,586,205 $817,318 of as above offering Sept. 23, underwritten was •. 100,000 Whipple & Co.. Robert W. Baird & by tbe , Morgan Stanley & Co.. $2,600,000 Lee Higginson Corp.... Lehman Brothers 500,000 Laurence Co., M. Marks $1,000,000 2,600,000 & Co. 1.000,000 1,000,000 Blyth & Co., 20,209,040 taxes a Inc. $ owned maturing 7 Mos.—1953 $ Co. tlncludes 15,331 shares held by Northwestern Improvement wholly owned subsidiary of the company. §At various rates and through 1969 in various amounts. 1954. Co., Improvement Atkinson and Co Co.—Earnings 1954 $ 15,993,901 expenses Northwestern "The Alex, Brown & Sons.. McDonald 2,600,000 Inc Merrill, Turben & Co.. The Milwaukee Co 350,000 S. Moseley & Co W.4E Newbold's Son & 1,600,000 *500,000 Clark, Dodge & Co 1,000,000 Dick 1,600,000 & Merle-Smith..^ Drexel Co, & & Co 350,000 F. 1,600,000 Co. 200,000 Pacific 200,000 500,000 —V. 179, Northwest 16,560,225 14,615,885 1,521,812 13,044,051 10,914,802 New York Central RR.Period End. Aug. 31— -Earnings— from ry. oper. 10,207,126 13,359,314 income.— 3,364,830 1954- -8 Mos.—1953 $ 58,887,153 48,680,027 69,590,951 expenses 5,679,223 oper. revenue oper. rev. ry. —V. R. W. Pressprich & Co. 1,600,000 500.000 Irving 350,000 Inc. oper. 180, 56,231,637 $ $ 470,503,358 554,782,492 408,872,857 456,836,773 61,630,501 8,712,398 Railway oper. Railway Net ry. from oper. 180, p. $ $ $ 14,880,550 95,151,313 112,'584,403 8,459,500 9,679,288 67,717,374 Scribner Starkweather & Co 200'®®° 200,000 Stein 350,000 J, B. 27,433,939 36,838,835 1,580,303 2,161,881 11,072,359 15,161,665 1210. company plans to receive bids up to noon purchase from it of $2,595,000 equipment mature G. Co... Noyes & Co.. V. in one-to-15 RR. — To Offer & on Oct. 7 for trust. certificates to years. T. Carmichael, Vice-President, said the proceeds will be used to for about 75% of the cost of the purchase of new equipment cost¬ ing approximately $3,475,000.—V. 180, p. 912. & Dean 350,000 200,060 500,000 1,000,000 Co. 2.600,00o 1,000,000 Witter & Co ... Harold E. Wood, & Co. Wood, Struthers <fe Co. 2.600.000 2,600,000 Northern States Power Co. 1,000,000 Woodard-Elwood & Co. & Co. An underwriting group gage Bros. & Boyce Stetson Securities Corp. Stroud & Company, Inc. Tucker, Anthony & Co. Union Securities Corp.. 1210. p. .— 200,000 Co 1,000,000 & 350,000 Co & 200,000 1,600,000 1,000,000 500,000 Co., Inc Loeb 180, Son & Co Peabody 200,000 200,00$ (Minn.)—Bonds Offered— headed by Halsey, Stuart & Co. Sept. 29 offered $20,000,000 of 3y8% first mort¬ bonds, due Oct. 1, 1984, at 102.261% and accrued on interest. (EST) & Weeks.. & Kidder M. Kidder & Hilliard Illinois Inc., Hartford 7— - Miller Hutton E. 75,745,568 5,201,262 The 100,000 350,000 1,000.000 . Kuhn 3.879,045 & Co., 2,600,000 Inc Hayden, Kalman 1954—8 Mos.—1953 12,338,545 October & L. F. Rothschild & Co.. A York, New Haven Rice Chas. W. Scranton Co. Singer, Deane & Hornblower St. Louis RR.—Earnings— 1954—Month—1953 income J. 1,000,000 J ry. oper. on — 2,600,000 41,113,606 expenses oper. rev. • Hallgarten & Co Harriman Ripley & Co., W. revenue Equipments the 2,600,000 97,945,719 1107. p. New York, Chicago & Net Corp. of Michigan Corp. First The —V. Boston Hemphill Net Net 1.600,000 First Goldman, Sachs & Co.. 1954—Month—1953 $ Railway Railway 200,000 350,000 The Folger, Nolan-W. B. 2707. p. Co.. Fulton, Reid & Co 2,024,193 Paine, Webber, Jackson & Curtis Hibbs & Co., Inc Net pay capitalization, 1, be ranging amount after Oct. EARNINGS—For had Bacon, & 21,445,347 revenues income will UNDERWRITERS—The be storms cents.—V. $ Federal yield oversub¬ on England Telephone Operating Operating quickly Minn, and Ashland and Superior, Tacoma, Wash., and Portland, Ore. Together with The Great Northern Ry. Co., the company jointly controls the Chicago, Burlington & Quincy RR. Co., the Spokane, Portland & Seattle Ry. Co. and the Midland Ry. Co. of Manitoba. ... of to $6,880,300 refunding and improvement C, due July 1, 2047; $8,226,000 Minnesota, months period: the On 12 interest buying by life in¬ was prices from principal amount after Oct. outstanding. year, Balance at range BUSINESS—Northern Total the accrued share common average in cents 11 average callable are 1, 1957 to the principal redemption Oregon, , compared with $2,980,921 allowance for dividends on the and .. ' Association—Earnings— Sept. 27 of the pub¬ on or before Jan.;l, mortgage 5% , bonds, series refunding and improvement mortgage 5% bonds, series D, due July 1, 2047; and $36,247,000 col¬ lateral trust 4'/2% bonds, due Sept. 1, 1975. ,i. & Co.; Hallgarten summary of earnings for the 12 months ended balance to surplus for that period of $3,230,352 Offering Oversubscribed issue of the offering PROCEEDS—Proceeds Witter and our 99V2% at bonds new before Oct. sub¬ underwriting Ry.—Bond made in companies, con¬ 442. basis subscription scribed and the books closed. consoli¬ will Pacific was 1984, surance filed a registration statement 1954, covering 100,000 shares of beneficial p. stock common for use |4.03% to maturity. With substantial ... Electric the offering by Morgan Stanley & Co. and associates on Sept. 23, of $52,000,000 collateral trust 4% bonds, due of subsidiaries; 10,019,707 shares of the with $100 per share. par, lic 1955, associated at to —Mention ^ Corp.; Dean Republic Co. (Inc.); statement corporate Northern holding short-term Securities registration sinking fund debentures due Nov. 1, 1973, are avan-^ delivery in exchange for temporary debentures at, The Chase Bank, 43 Exchange Place, New York, N. Y., and at the Harris Trust & Savings Bank, Chicago, 111.—V. 180, p. 818. for office the capital the capitalization and a refunding mortgage bonds, Definitive 35/s% The consolidated 1954, proposes able purposes. ended Co.—Registers With SEC— filed 29 of programs their 1001. on Sept. 28 approved an increase in the authorized 1,200,000 shares from the present 600,000 shares to issuance 782,020 The Starch stockholders •common of 180, 2,239,143 on the average New National added of $ Assets Securities were • Northern Natural Gas Co.—Definitive Debentures—/, company 23, Period End. Aug. 31— Series, for which this com¬ pany is investment manager and underwriter, at Sept. 22 amounted to ^100,242,481, as against $84,481,606 as of April 30, 1954. Shareholders •currently number 41,065 and shares outstanding total 15,765,341. As cof will be construction shares debentures proceeds t , . $35,000,000 of the proceeds therefrom (together funds in an amount equal to the redemption pre¬ mium) to redeem the $35,000,000 refunding mortgage 3%% bonds, series G, at 105.45% on Nov. 29, 1954, and to apply the balance of the proceeds toward the payment of bank borrowings.—V. 180, p. 1107. asked ... at National Securities •- to Sept. on $75,000,000 Fahey, Clark & Co National Discount Corp., Spartanburg, S. C.—Files— The issue - Net ... southeast . Co.—Earnings— . It Pierce, Co. & outstanding in the current period compared with $1.42 per share outstanding for the corresponding previous based Other trim . Gas & Telegraph Co., its parent, Nov. with aggregated $186,500,000 expenditures will aggregate 1954-1956 inclusive. Central Fund.—V. $3,065,592 standing in New 911. p. automotive miles construction ■will Lynch, common substantially will . The company also intends to offer 850,000 shares of its American Telephone and on Fund—Registers With SEC— Sept. on After and approximately cost $2,000,000 costs to amount will space. Located new applied amounting Union investment the of earnings will including carpeting, seat cushions and backs, is now underway in a newly-leased plant at Forest, Ohio, it was announced on £ept. 23 by J. R. Millar, Chairman and Acting President. This plant has approximately 37,000 square feet •of Merrill Aug. 31, National Automotive Fibres, Inc.—Leases Plant— Producition p. consolidated issued last , facilities capacity is .program it 491,839 "343,890 15, to it costs. plant plants Ohio, preparatory East when expand •other Canton, machines, next production The the production new completed lower to to 405,665 "383,501 , to $38,590,747 below. this corporation's $3,000,000 capital expenditures completed with the construction of a new clay been 523,209 *359,538 series H, due 1989, to be offered for public sale at competitive bidding. The company intends to apply the proceeds toward the payment of borrowings from banks, which are expected to approximate $127,000,000 at the time the proceeds are received. subsidiaries forma Inc.; 1?10. standing. This includes Country Trotting Association, covering $11,436,932. Co.; Co., 180, SEC balance 2,284,011 Natco Corp., Pittsburgh, Pa.—Builds New Plant— program & & Boston the a or Old by additional months stock. " Nassau 12 stocks last. year. •Deficit.—V. 180, p. 911.« See compensation long-term debt; $10,790,000 in $40,028,000 of preferred stocks The Association in Aug. 31, 1954, shows 25,070,755 5,934,190 3,643,527 "126,451 "1,006,524 1001. p. York Telephone company Oct. construction revenue of , •152,825 26,734,648 7,297,661 the common Allyn period 26,946,106 5,977,100 ; the common average from Net New This SEC Loeb, Rhoades & Co., Co. (Jointly), asked a & led general years New- England Gas & From Jan. 1 Gross of for of the of interest $3,399,711 $3,170,029 1,034,054 H _793,063 536,419 < used plans, for New England '1951 '1 bank This the year. August— present income Co.—V. Mueller in 4,890,002 State Electric consin, Nashville, Chattanooga & St. Louis Ry.—Earnings— Net 911. ,p. the During the three months ended Aug. 31, 1954, net income totalled $518,187, equal to 96 cents per share as compared with $742,447 or $1.39 per share in the same period in 1953.—V. 180, p. 1101. Gross be value C. C. & . sales $15,252,653 and UNDERWRITERS—Among those W. net M. $229,731,000 in par cor¬ period last year. After provision for estimated Federal taxes, net income during that period amounted to $1,618,802, to $2.99 per share on the outstanding common stock. This with will operating net sidiary responding compares Carl group purchases 1954, income equal underwriting Wertheim a company or properties on $6,694,373 $1 during the nine months ended $37,059,830 180 •74,561 4,584,778 . improve¬ the gross sist future. net and and CAPITALIZATION—Pro its Consolidated the $132,000,000 dated Sr., recently acquired subsidiary, Sheet Aluminum Corp., will install new, high-speed equipment at the facility in the near and ■ of EARNINGS—For company during the first nine months below those of the corresponding period were announced was an share. per Co. & $107,480 Balance based and Earnings Lower—Ex¬ 1 year N. Y.—V. BUSINESS—New England Electric System is a public utility company with principal offices in Boston, Mass. During the pest five years expenditures for additions and pansion of New Acquisition Planned— its current fiscal Plains, *57,215 4,840,614 , York National funds ments Sales White Kidder, Peabody & Co. and White, Weld subsidiaries stocks. the in are PROCEEDS—The net proceeds of the (Continued from page 15) Co.—Sales of Beane, $123,900. Investment News of existing instant coffee plants of the company Illinois and California are now taxed to the is necessary in the southern states, Dr. investment an compensation Brass site before England Electric Ladenburg, Thalmann Mueller the plant The of ■ of purposes "69,159 4,017,112 The corporation on Sept. 16 reported that the balance of net income available for common stock was $2.65 a share for the 12 months ended Aug. 31, 1954, compared with $2.67 a share for the 12 months ended Aug. 31, 1953. These earnings per share are calculated on the basis of the shares of cammon stock outstanding at the end of the respective periods, 3,034,068 shares in 1954 (including 337,118 shares issued in October, 1953) and 2,696,950 shares in 1953. Gross revenues were $71,537,602 for the 12 months ending Aug. 31. 1954, as compared to $60,828,984 for the 1953 period. « Net income after fixed charges and before dividends on preferred stock w»s $9,517,923 for the 12 months ended Aug. 31, 1954 as com¬ pared to $8,449,847 for the previous 12 months' period.—V. 180, p. 352. four writers. y Previous published date was incorrect. date and/or record date is indicated h*r«. I investigation industrial tract fering period, Oct. 14, will be purchased by the under¬ tax. Income a 70-acre River. issue is to be offered stockholders of record Sept. 29 at $15 per share in the ratio of one new share for each 10 shares held. Unsubscribed stock at the close of the of¬ dividend. this on Nansemond banking group which on Sept. 29 submitted the best bid for underwriting of New England Electric System's stockholder offering of 910,883 addi¬ tional shares of $1 par value common stock. The new 1 1 head resident tax 7%. income option an the on System—Stock Offered—Blyth Co., Inc., Lehman Brothers and Bear Stearns & Co. & fPayable in U. S. funds, less 15% Canadian non-residents' tax. ' JPayable in Canadian funds, tax deductible at the source. Non¬ a the of Jersey, New 10-15 131 Vac — closed take to Suffolk 180, . New .... 10-10 11- 122 Vic (quar.) •Transfer 10-20 t6c Corp., Ltd (quar.) 6% of $623,50$ 23,650 *123,452 income— oper. *. . 54,148 5 50c common-. 5% build for the expanded manu¬ Nescafe, Nestea and Decaf, accord¬ Sept. 23 by Dr. J. C. Sluder, Vice-President on arranged Nestle's executive Co. possible a declared, to meet the increasing demand for instant coffees and teas..!. •' 1 "! ' i 9-24 $1.11 County Electric preferred (quar.) (monthly) Yellow Cab Co., 6% conv. pfd. (quar.) York County Gas Co. (quar.) Yukon has and as products, Sluder 9-24 $1.25 New limit company frcm ry. 1951' : $608,811 70,683 * railway__ railway—! "Deficit.—V. manufacture. of Facilities T, 9-30 $2.25 (quar.) (Wm. Jr.) its announcement charge Worcester 4.44% of this The company contemplates a thorough option to confirm its suitability for building commitments are made.* 10-15 $1.25 Wltherbee Sherman, 6% preferred (accum.)Woodward & Lothrop, common (qaar.)_: : Wrlgley three by income oper. Net • 1952 $666,318 "16,028 rialway from Net * Expansion— is under consideration plant which it would new a of an Nestle's - . — ry. 1953 $496,017 railway Frbm Jan. 1— Gross • 1954 from from Net Products v.; , . under Cprp.— Gas for facture 1 10-15 $1.50 Service preferred 10- site Va., miles northeast preferred (quar.)— 5.04% preferred (quar.) 5% 10-31 11- $1 Nestle Co., Inc.—Plans Suffolk, 8 37Vic (quar.) Public 10- 11-1 $1.43% .... 5% Wisconsin 9-24 10-31 v., - National Starch . J-' 12-10 10-15 Net ■ Power Co. * - 1-3-55 75c — and , Ontario & Western Ry.—Earnings— August— Gross Corn Processing Division of Clinton Foods Inc. 180, p. 1209. 9-23 12 Vic — (quar.)_. Electric 10-15 New York, vinyl Inc.—V. 9-30 $1.25 Co Whiting Corp., common (quar.). 6% preferred A (quar.) , 1 10-15 60c (quar.) com. Paper, prior lien 1 2- 10c — 4% 11- $1.25 2-15-55 class A (quar.) Class B (quar.)— Wheeling & Lake Erie Ry;, common (quar.) •, 35rW- $1.25 (quar.)— A preferred stock, $100 par value. Part of this new may be issued to finance a new mid-western plant to resins. The company presently is a substantial producer of such resins at its Plainfield, N. J., plant. Frank Greenwall, President, stated that satisfactory progress was being made in the negotiations looking to the combination of the 53 new preferred stock produce Western Insurance Securities $2.50 of Sept. 28 The on bonds were awarded their bid of 101.80%. to the i&derwriters 1 the issue with a 3Ve% rate were submitted by: Inc., and The First Boston Corp. (jointly), 101.66^; Merrill Lynch, Pierce, Fenner & Beane, Kidder, Peabody & Co. anr White Weld & Co. (jointly), 101.609; Equitable Securities Corp. and Union' Securities Corp. (jointly), 101.511; Smith, Barney & Co.* Competing bids for Blyth & Co., - 54 The Commercial and Financial Chronicle (1374) Lehman 101.4699; The Dec. 1, 1355 at 105.27% from 102.22% to par. Riter the construction the balance of purposes, beginning purposes at prices ranging other the Dakota for subsidiaries utility The Dakota. South and It South Dakota and La Crosse CAPITALIZATION First and Eau Claire GIVING EFFECT due Feb. Series due Oct. Series due Series due Series due •Cumulative 1975, 1, July - (par $100) company $3.60 $4.10 series — — 15,000,000 shs. (par $5)_» •Issuable in series. principal forth Halsey, Stuart 150,000 200,000 Aspden, Robinson & Co. 150,000 250,000 200,000 Brothers Securities Byrd City Dick - Corp._^_ Fauset, Steele Hanauer B. J. Heller, Bruce Mullaney, N. Norris 400,000 300,000 600,000 Co._ & Corp.- 200,000 200,000 The 1,200,000 — -> 500,000 250,000 500,000 750,000 250,000 750,000 250,000 Net ry. oper. 409,855 105,979 224,631 iincome— 1951 $1,163,597 312,703 1952 $1,324,623 475,294 120,443 1953 $1,239,638 71,594 George of from Net from Net ry. —V. 9,191,324 2,840,421 541,058 railway— railway.. income— oper. 7,613,842 1,430,945 194,351 8,813,944 2,361,795 389,370 8,922,411 2,222,733 487,139 180, p. 912. Parke, Model is 2612 He Chemical & Corp.—New Product completely redesigned portable, battery-operated survey meter for measuring alpha, beta and gamma radiation. It may be used for general purpose survey work in radioisotope laboratories, and its rugged waterpi'oof construction makes it an ideal field instrument for geological surveying for uranium ores. a 723. p. .j —Proposed Consolidation— On had Sept. 17, be the shareholders of this corporation and Nassau Inc., were advised by letter that their directors plan for the consolidation of the two corporations, 1954, Association, agreed upon a submitted to called known for shareholders that at special stockholders' meeting to consolidated corporation is to be a The purpose. Roosevelt Raceway, as The Inc. agreement contemplates an exchange of one share of Old Coun¬ try stock for each share of the consolidated corporation and 2% shares Nassau capital stock for- each share of the consolidated corporation and would have resulted in the issuance of numerous and complicated of fractional In shares. to avoid complicated fractional shares and yet create the of equity holdings, 10% Old Country stock dividend Country stockholders of record as of Sept. 30, 1954 has been declared by the directors of Old Country Trotting Association, After ^the: payment of this stock dividend, the consolidation, when and if approved by the shareholders, can be consummated by an exchange of one share of Old Country Trotting Association for each share of the consolidated corporation, and shares of Nassau Trotting Asso¬ to percentage Old ciation the for each share the of consolidated simplest of fractional shares Notice both of the special all to sent corporations corporation, with but all avoided. meeting of shareholders shall be prepared stockholders soon as the for to are be Hale used as final a 1954 year is statement available, of Superintendent to & incident expenses Co., & Ltd., said Sept. on production 16 to move branch that construction that If the of such preliminary approved, of its the work actual and of operations the to according administrative Toronto.—V. to employees had plant a not yet is and Co., 16, enable offices the and Walkerville sales Keene, of to the Under given meeting a agree Sept. to corporation which 24, 1954, be offered other and covering under key statemtnt "Restricted employees of its of with $5 par Stock Option Plans" Olin Mathieson SEC common to certain its and the on stock, officers 1.017,306 1,001,133 792,461' 810,276 ' income-— 946,839 679,560 * Light Power & record consideration shares. 220,000 Oct. on the this at outstanding. are at close time Stockholders is public a the of Proxies business of offering corporation would the in of Puget Sound of excess refunding 1924) the property amount of mortgage must standing the be bonds of the of meeting company's has been .-7'7 Massachusetts. These conditions, , postponed "7 posal to increase by 50% use and approximate $3,000,000 net which would be obtained, approximately $1,000,000 will be used for drilling, exploration and additional pur¬ chases under the corporation's uranium program. Another $1,000,000 or common will cannot to;,capital is. Truck Shovel Co., a recently acquired wholly owned subsidiary. Approxi¬ mately $1,000,000 would also be used to develop proven oil reserves, including an expanded drilling program. will not also only for the (A of stock also of dividend. A the the final next meeting proposed for the of also policy of paid the of board that not steadily the under of the Oct. on will policy be authorized shares diversification.—V. 180, August— Gross Net from Net ry. subsidiaries, 1954 from railway * 1952 17,759,401 21,440,750 10,133,698 5,774,627 568,912,111 704,813,501 659,983,099 680,145,823 . 86,866,215 128,310,129 102,182,347 28,277,429 57,123,126 47,056,641 stockholder New Plant Named— Olip is the name selected Net for to be constructed in Indiana by known be Collisson, The of bank was Works. New Wabash site the of new The announcement cellophane plant plant itself will was made by N. 34,256.438 income-..^ for 50%. stock dividend S. Commission arid meeting*—the date of a P. * litigation listing the on pending ih Massa¬ * Net ry. V. Exchange of the presently company's $10 par yaiue .common ' - .t-i ■" / [ 1953 $4,000,912 « - ' $3,307,657 313.563 - operations. known as Kern River. Central It west is on and is about Covington, of the Peoria 10 Ind., and miles on Eastern the Bergeh, company, located at North of electronic component S0.42 * * $0.26 1954 s railway— parts,, N. J., is principally leading a Division to necessary surfaces System.- Officers by Elected— in Corp.: John M. Olin, Chairman of the Board; Thomas S. Nichols, Presi¬ dent; John W. Hanes, Chairman of the Finance Committee and VicePresident de J. for President; W. F. Stillman Elf red, John C. Leppart, Stanley Executive Vice-Presidents; Russell R. Casteel, ViceNorman H. Collisson, Vice-President for Operations; Donald Drummond, Vice-President I President for Operations; opment; Robert W. Vice-President for Lea, for Operations; R. L. Hockley, Russell Hopkinson, Vice-President for Vice-President Financial Analysis; for Organization; David T. Marvel, R. B. Vice- to zinc paint coat because coating costs.—V. phosphate of p. coatings Used durable C. months sales with a to Sept. net 30, volume 179, p. of should 1954 equal approximately 2373. nearly $6,000,000 $5,800,00 for the full - , f , time speeds 628. " 7A letter of notification was filed with the SEC on Sept. 23 covering ar(Tundetermined number 'of shares of common stock to be offered at a" price not to exceed an aggregate total of $19,654 through C. H. the 1974, to be offered for public sale tion; J. J. Toohy, Vice-President for Operations; Theodore Weicker, Jr., Vice-President for Overseas Operations; Edgar W. Taft, Treasurer* C. Tallman, Comptroller; Gordon GTand, Jr., Secretary; E. R. Van Vliet, Assistant Treasurer; A. P. Winsor, Assositant Secretary. The officers elected were all formerly associated with one or the Other of the peredecessor companies.—V. 180, p. 912. . Railway Railway Its and Net Net through an ; statement bonds, with due the Oct. underwriting West & Winslow. are be to The supplied t by (2,942) proceeds 160, p. to are 2652; - to go <:■ ' Peter • expenses from p. ry. oper. $1,818,869 income-*.*. oper. 180, 1954-^Month—1953 1954—8 Mos.—1953 $8,942,610 $11,409,120 $71,996,244 $89,289,166 7,123,741 8,559,124 57,129,585 68,700,618 1,164,385 $2,849,996 $14,866,659 $20,588,548 1,572,120 8,732,349 11,386,702 912. of 7% Rohr Aircraft Corp.—On Big Board— - company will be listed for trading on the New YonC'Stock Exchange today (Oct. 4t. 1 .Roat's outstanding stock now consists of 900,000 shares of common, hpld, by 3,100 shareholders in 42 states, two territories and the District of Columbia. Net earnings for the last fiscal year, ^which closed on July .31, were $3.99 per share. 7 " : ■ the outstanding shares net ;7,Tfre stock of this - . will be applied to the redemption, about 30 days after new bonds, of all the company's first mortgage 5% bonds, 1, 1972, now outstanding in the principal amount of $1,124,000, at 103 'A% of principal amount, and to the redemption on April 1, 1955 all The . due July of revenue oper. rev. Ndt-'ry. . 1, group proceeds of oper. use reduces „ sale Ohio. Co.—Registers With SEC— on Sept. 27 filed a registration $1,400,000 of first mortgage 4%% company covering amendent. for Period End. Augv31—' fast, - Lewis, Sales; Milton F. Meissner, Vice-President for Operations; S. L. Vice-President for Operations; Walter F. O'Connell, Vice-Presi¬ dent and Assistant to the Vice-President for Finance; Fred Olsen, VicePresident for Research; Ralph A. Ostberg, Vice-President for Produc¬ where considered involved. process Cincinnati, 1-Reading Co.—Earnings— zinc or fields through . Devel¬ Nevins, steel to all Co., SchptailUs, Chairman of the Board.—V. previously factor headed by Coffin & Burr and Chace, Whiteside, public offering price and underwriting terms Vice-President in ' chemicals all coatings surfaces the operations 180, includes now adhesion. provides operations on Penobscot Chemical Fibre The SEC sup¬ newly acquired 167,000 square foot plant in has been increased steadily and lull production from the at •' ,J '7 •• Rapid Electrotype Co., Cincinnati, O.—Files— -^V. Finance; Osborne, or company Fosbond processing difficult less production iron improved uneconomical following were elected officers of this corporation, formed Aug. the merger of Olin Industries, Inc.,' and Mathieson Chemical this of painted, trouble-free The line apply for are manu¬ capacitors, "'fetation is expected next year. Rei.tef & Fosbond metals 31 * 180, p. 912. The and and filters. compared Pennsylvania Salt Mfg. Co.—New Products— east west 138,433 • of June 30, as « - '* *"* ' railway oper. - York New that .• year of-1953..—V. H. for formerly York the this corporation. This 111., and two miles the of the Olin Vice-President site Danville, of The as from share surplus from , from • 91,887,280 income—,.. of Washington stockholders-' a On Nine From Jan. 1— Gross 4 : stock a outstanding amount ' ^Production 15,886,264 7,266,672 the appropriate distribution the of after, facturer this 5,760,711 ' a < 12,906,596 litigation v Exchange The $73,162,928 $91,989,240 $87,717,358 $90,927,779 railway oper. by G.afftonia, N. 1951 new a issue to each' the basis of 743,270 shares outstanding 521,340 shares on June 30, 1953. , 1953 present law 7 777;-? '* it necessary to shares feu* Earned per share____ by 628. p. The share NeOncomq., publicly offered would be reserved subsidiaries, in line with the com¬ increasing against '• Net :Sales— : of around Pyramid Electric Co.—Sales & Earnings Up&?X. Months Ended June 30— 1954 made 26. balance 7. Sbtt-'MSfc year. 1953).* dividend mortgage to stockholder by ; made additional an outstanding 2,177,879 shares of the stofck^V. 180, p.' 1210.7 " \ of consideration end the issued the of (a» present limits ^Authorized the officers to make application to the but event because: * already approved in principle the of a regular cash quarterly any additional business, in use until affected wj^ich .is made the transfer account.:: stock be STOCK year regular a and before 3, the of for presently Dec. on has the of said stock dividend of amendment acquisition pany's was expansion proposal a the board end decision Silberstein the further treasury on stock a dividend before Mr. board advised that initiation at the additional the payment 10% He facilitate provide to $i$ject to the approval chusetts. Silberstein said that the increase in the company's capitalization concurrence be the number^ of shares of cpmmoh stqck and stock the will fts saving aggregate handle refinancing under a complex two-part mortgage. (Part I enables the, ^issuance and present sale of the $25,000,000 of- new bonds* and under Part II—on subsequently obtaining stockholder approval—the provisions of. a modern-type mortgage are made effective and the company is then permitted to issue an additional $25,000,000 of bonds against property as of Aug. 31,* 1954. ..7 ' 7 ,'. Mr;-, McLaughlin also reported that the directors had: '» • ' •-( •i'lvTDecided to submit to stockholders at the* next meeting a pro¬ one-half "Quick-Way" con¬ the to of for by two-thirds of the out¬ and;-(c) the holding of a stock, (7" of receivable redeem to used Massachusetts McLaughlin said, Mr. rate accounts Corp*, interest costs statement will the be can under substance the finance be income purposes which (b) in approved intention to required debt and year, desired $92,000,000; shares stockholders' which that of said He times.- not will restrictive provisions of the which, among other things,- at all at trust. pension Securities a life of the bonds being retired amounts to around > • ' : ; ■' emphasized that it had been difficult to work out unduly in Light's & per its maintain to issue new the mortgage Power $) 30,000 achieve to and refinancing, dividend seeks and Webster & Eartiey & Co. $3,750,000) declared Corporation banks, Stone proceeds of the the remaniing inflexible in savings by and Smith, (approximately Mrf'McLaughlin a State placed Corp. bonds in the net of insurance the Mr. Pri¬ purposes. $25,000,000 Aug. York were $2,000,000. have on New result a over 18 a used Co.—Places Bonds of institutional investors. a group 'Nine are: $2,350,000, slightly above the $2,000,000 working capital reserve be * ; bonds reilected increase of 1.000,000 shares of capital stock. Present capitalization 893,692 of stockholders According to L. D. Silberstein, President and Chairman of the Board, the purpose of the proposed public offering is to enhance the corporation's working capital position, which is presently about Corp.—Registers With SEC registration 642,585 shares a 1,105,040 balance of reduced Pennsylvania RR. —Earnings— Chemical filed 1,558,720 Boston i4J/4% As an authorized of its of prior at 5,776,188 six new First The right to the purchase of these shares for a limited price from 15 to 25% below the price on the New York Exchange at the time of offering. The underwriter would to purchase all of the shares not taken by the stockholders. period 145,563 5,423,321 purchasers struction furnish the company with on its expanded business.—V. carry approving stockholders approximately 81,870 131,799 6,279,897 > Sept. 1, 1954, to The N. II.—Registers-With thereby and it called shares, to 105,706 . companies (John Hancock Aetna, Connecticut General, Massachusetts Mutual, New Eng¬ Mutual; Travelers, Pacific Mutual, Mutual Benefit and Phoenix land Corp.—Contemplates Public Offering— has in value sent $735,5tfl 7 121,862 ' railway— (executed purpose 1954; be surplus to directors par 263,128 railway____ —4,833,412 oper. The- 511. 1,000,000 been j " 1951 $850,303 208,054 ... Mutual, Exchange Commission— Penn-Texas $10 $818,950 143,362 180, p. 912. pressors Mathieson Olin ry. the the 300,501 $635,972 , income oper. from from company p. 362,413 425,934 28, announced the refunding of the company's outstanding $20,613,000 of 41/4% bonds (due 1972) through the sale of a new isue of $25,000,000 30-year 3V2% first mortgage bonds at 100 plus accrued interest been underway will require construction would take an now filed a registration statement with the SEC on Sept. covering 170,000 shares of its $5 par common stock, to be offered for subscription by common stockholders at the rate of one new share for each two shares held. The record date, subscription price and underwriting terms are to be supplied by amendment. Kidder, Peabody & Co. is named as the principal underwriter. Net proceeds of the financing are to be used to increase the com¬ 176, 1,591,594 253,718 vately—Proposes Stock Dividend and Listing on New York Exchange — Frank McLaughlin, President, -on 1954, funds 1,443,437 493,821' - . Puget Sound 180, p. 912. Casualty capital 1,601,872 ■ - 201,876 411,992" - railway from Net announcement. The ry. The pany's 22,686 912. p. Mutual); Peerless -1,264,391 income From Jan. 1— months. 18 to some to 70.476 Sept. and months. 12 railway.*— from Gross laboratories Walkerville 15,379 62,630 ... Pittsburgh & West Virginia Ry.—Earnings— 1954 '' 1953 1952. Net City, Lake $194,551 50,620' 295,058 28,312 ^ Net from* railway;.™,.. Salt Co., pay the of * 1951 1952 >. August— Gross 1953, Parke-Davis announced that a site had been purchased at Brockville, Ontario, Canada, "for the construction of a new plant when conditions are right." In May, 1954, the company disclosed plans «. • order same 29,382,972 plant. additional Stock Old Country Trotting Association, Inc., Westbury, N. Y. Trotting through , $200,155 $213,072 33,720 "• —. 1,002 railway.,: Net Shannon, emphasized The G-M 180, 31,952,409 share 180. p. 353. 1953- .( $148,400 „ income_:__ oper. —v. 180, Exchange Commission— proceeds Davis authorized, ' Nuclear Instrument The 4,043,516 1954 from from been informed that the firm is preparing architectural and engineering plans and specifications necessary to obtain bids on a new for —V. C. adequate From Jan. 1— Gross 4,642,412 per of Inc.* building products.—V. railway oper. ry, —V. 24, RR.—Earnings— 1954 railway railway from — $1,524,876 709,111 fr«m 5,344,086 ry. Net In June, " August— Gross Net net Securities and 1210. p. Northwestern Pacific be The cents line of gypsum _ 36,874,867 mining operations. This 180, 6,301,106 41,762,455 Sept. 20 filed a letter of notification with- the shares of common stock (par one cent) to be on 600,000 50 100,000 Inc, —V. to at the new Seattle gypsufn Permanente's wholly-owned opening Co., . full a Gross 26,780,018 29,913,036 j corporation covering offered several Hirschberg, & 4,088,075 Uranium, Inc., Wilmington, Del.- -Files Pan-American SEC the with From Jan. 1— 1002. p. Canadian William R. Staats & Co. Stern Brothers & Co.__ Stroud & Co., Inc Thomas & Company-Weeden & Co., Inc.— F. S. Yantis & Co., Inc. 150,000 Co.—* & Wells Hanseatic Y. 180, July Pittsburg & Shawmut RR.—Earnings— Net have 750,000 Co. 600,000 1,200,000 & Co Co., > Pomeroy, Inc. Shearson, Hammill & fabert Garrett & Sons- 200,000 regory & Son, Inc allgarten & Co & Raffensperger, Huges & Co., Inc. Rodman & Renshaw__Schoellkopf, Hutton & 150,000 300,000 Co.— & Company— & Freeman $150,000 Inc. 2,000,000 Merle-Smith & 48,953,654 349,564,925 327,720,838 4,343,000 months ended month and scheduled ahead by one moved was coincide AugUst— 35,910,492 249,809,225 237,957,464 26,108,489 28,080,209 3,611,001 4,490,622 With Securities and & Inc. Pollock E. Wm. Strudwick_ & —V. meeting to Gros? from railway 36,752,479 operating income Net after charges the Copeland Patterson, Kendall, $7,300,000 Allison-Williams Co. Anderson with 1954—7 Mos.—1953 51,887,207 taxes six declared by the directors 1954 to stockholders of record Oct. 15, 1954. 1163. p. 1954—Month—1953 taxes income the was Production from the new Seattle gypsum plant is expected to increase materially the company's ability to service the western building industry Parke, Davis & Co.—Canadian Unit Expands— & Inc. Co. primarily is in share a subsidiary. and operates an automobile Net below: table a Elkhart, Telegraph Co.- -Earnings— & revenues operating Utah. purchasers and the new bonds to of amounts the in It 178, by, at —_ respective be purchased by each are set the of names cities. firm.—V. Net 200,000 shs. 13,418,410 shs. . stock UNDERWRITERS—The Other 275,000 shs. 150,000 shs. 175,000 shs. ——— series $4.11 office receivables that bank. reacquire to held now main Indiana expenses ; . series Common Federal —$100,000,000 — series $4.09 other finance sales used be are its Period End. July 31— Operating Operating earned - Seattle Ner from Outstanding 1978, 1, two and has Pacific Telephone : share a quarterly dividend of 20 cents The directors v $5,000,000 75,000,000 10,000,000 15,000,000 21,500,000 •" 20,000,000 - 2%% 3%—— Aug. 1, 1979, 2%% June 1, 1982, 3 >/» % Oct. 1, 1984, 3V8% preferred stock of the due Series in cents 81 or • payable Oct. 29, for FINANCING PRESENT TO Authorized bonds—Unlimited— 1, 1974, 2%% mortgage Series Wisconsin. in with, corporation installment 1953. A products piant of Kaiser Gypsum proceeds of the loans will branches serves Minneapolis with electricity and St. Paul with electricity and gas. Other principal cities in which the company or its subsidiaries furnish one or more services include Fargo and Minot, North Dakota, Sioux Falls, $2,272,157 31, $300,000 5%% subordinated notes, due in agent for rediscounted The its with and, to The Sept. 29. announced on was $600,000 4%% promissory note due were a Robert F. Maine of Philadelphia was the were public operating its in used be York, it the borrower. 1955, of an will bonds New placed 1969. and company North Wisconsin, of in 1969, and a v the of months early is sale the of and Co. and sinking fund . BUSINESS—Company Minnesota, for for from 101M0; (jointly), Co. notes and program 1954 & ^ PROCEEDS—Proceeds In and Brothers Forgan & Co., 101.2639. bonds will be redeemable Glore, Monday, October 4, 1954 .., dividends -the of $1 per share have l>eginning of 1951, and last March been 50% a paid stock each year dividend was sinee dis¬ tributed. Company sales for the last fiscal year were in excess of $101,000,000 and its backlog of unfilled orders now is approximately $130,000,000.—V. 179, p. 828. * ' 7. preferred stock at the redemp¬ 179, p. 207. tion price of $103 per share plus accrued dividends.—V. . C. Permanente Cement Co.—Sales and Henry J. Kaiser, Discount Corp.—Elkhart, Ind. —Notes Sold corporation has placed two issues of totaling $900,000 with The Mutual Life Insurance Privately—This notes of the Board, on Earnings Up— Sept. 17 reported _ ' Roosevelt Raceway, Inc., Westbury, N. Y.—Successor— Sei that operating revenues again made a new record for months ended July 31, 1954 reaching $19,014,000. This was a the Owners Chairman Old Country Trotting Association, Int. above; consolidated sales and six 7% increase * of over the $17,774,000 record established for the first half 1953. Net cents The-'expanding earnings for a Ryan Aeronautical Co.—New share on the the half-year rose to $2,430,600 2,800,000 shares presently equivalent outstanding, to 87 compared * boost that on the Sept. U. S* 24 electronics work of with Government Contract— this company was given another by T. Claude Ryan. President, announcement Air Force has awarded the company an additional con- Volume 180 * Number 5365 The Commercial and Financial Chronicle ... (1375) tract missile for guidance equipment developed by Ryan. The company is currently working in three fields of airborne elec¬ tronics—guidance systems, navigation systems and helicopter hovering devfces—under Air system Force and pared with $151,700. against Navy Francisco 34 cents sales Net during the for the same $5,028,671 share, a after second quarter quarter last tax a were of reserve $5,986,492 year. Texas & CAPITALIZATION company's employees of 227c of payment August Ry.—Earnings— „> 3'/4% Sept. 17 received their total earnings on a quarterly profitthe June-July- 3V2% for G. • August— Net Net 1954 railway from ry. Jan. from Net ry. —V. fetation' in New tie 41,749 3,249,122f 1,362,275 1,517,060 271,052 377,013 467,593 Sales 244,868 1954, Net Electric Co.—New Unit— efficient steam first Carlsbad. manufacturers new Encina into go and operation 106,000 stalled Calif, of the of by built ever this The boiler, when station, boilers unit Babcock it is completed the is Wilcox & of Co. cost in kilowatt October this of a The year. turbo-generating unit of second to in be Months Ended Operating Operating Aug. 31— - and —— —1— Balance before deductions.,— —\ income Dividends — preferred stock—— for 92,495 of expenses section occurring $730,000 in preferred, series B__—_ 4.70% preferred, series C ; 4.70% —V. .- «. — business 18,652 Mr. 13,852 20,062 8,557 •• 160,532 Scudder, Stevens & Clark Common Stock Fund, Inc. "This the'^SEC on Sept. 27, p. 1003. registration a - —v.. M0, . investment company] filed Boston 1954, seeking registration statement its oJE capital Mr. , '' Scupder, Stewart & Clark Fund, Inc.- -Registers With This Boston SEC capital on investment .Sept,'" 27, ares.—V. shares.- filed company 19547-covering 180, 1003. p. registration a registration ,; statement of 100,000 \ • Period End. Aug. 31— 1954- Month—1953 Gross - revenues Net railway Net income Common • —V. The the 11,509,475 6.3% over Currently, manufacturing for the on ended the equipment production the 1954 Sept. June compared of high upgrading some according to the 101,211,384 108,321,259 15,191,689" 16,464,207 13,194,251 29 with the 2,349,475 2,349,475 2,349,475 $0.66 $0.70 $5.62 $6.18 / 1954. shares Morgan plant LIFO of was $1,038,741, $245,000 the were from only results inventories the com¬ in the sale extraordinary the valued 1954 period approximately values. to have August successive gains, the outlook for the months company's and that the Inventories reduction cash present of in position all cash goods improved balance have types finished has been being is the company's N. Philadelphia J., and will & & lnc- G. at It will close substantial 10 four savings. other Upon to purchase land in warehouse warehouses its now completion, North to serve serving Six Months Ended "June before & Platinum 30— & depletion (& for Colombian for U. 1953/' taxes $1,124,286 113,105 22,200 269,000 148,000 151,000 taxes— Net earnings— Earnings per share 178, ; Polger, $0.23 Southern Indiana Gas & Electric (par $25) was publicly offered on Sept. 23 at $26.25 per share and accrued dividends by Cruttenden & Co., Chicago, 111.; The First Trust Co. of >Iincoln, Neb.; and Wachob Bender Corp., Omaha, Neb. $0.35 PROCEEDS—The net proceeds will added be to working capital. revenue Gross income GIVING EFFECT TO PRESENT Net income Dividends after after 1954 income interest, preferred on taxes—— taxes, etc.—. shares Earnings Authorized Long-term notes, unsecured, Oct* 15, 1968 Subordinated notes— due 4%, ; 5% per (par $251 cumulative series. 5% t Common stock BUSINESS—Company, stock 412,296 end of $1,894,911 913,333 period— The all ; engaged with motor the business activities of of consumer the • company Street, branch rado, offices Kansas, —V. 180, its home Neb., located in Serrick building conducts located 1954 1 1953 $9,321,213 $11,899,569 before Federal taxes on income for Federal normal income and surtax 388,998 914,557 500,000 160,000 The $228,998 paid on class A common stock paid on class B common stock $414,557 19,768 16,874 252,428 273,511 Class A shares outstanding. 18,468 B shares outstanding 174,392 share. $1.22 $2.28 per class p. :— 1375. i fiscal by B 1 Net pared or II, sales with Net *- period. reserve the over the six for months for the the first compared on ended half with period same Sept. same with earnings for $602,100 for taxes, a year amounted to & Spencer 1,500 Tucker, Co., G. H. Co.!H_ 2,800 Dean Co 1,000 Trask Wood, new Weld & also year ago, W. A. 22. Aug. 31 were period last the fiscal of a $689,546, or $12,039,449 com¬ year were cents for $944,504, the 1953 Struthers & Co.____ of of 250,000 shares quarter ended $458,803, or Aug. 5# 31, eents after a $501,200 share, com¬ third a the action shareholders stated capital 4.50% second approved by $5,500,870 preferred to in stock versions to common stock.—V. assets other or a than cash. technical resolution order to reflect the which elimination previously retired largely by con¬ 180, p. 1108. the stockholders It the of is Sept. 30 1954, receive cates for 180, of corporation's expected 11, will V. on corporation's certificate split-up that and one the the approved proposed amendment tt» stockholders of share shares a will record for each will be for two 01W 1 - amendment additional additional the incorporation, effecting shares. be as filed and the of share date then mailed recorded™ott of held. Nov. on filing Certifi¬ 1, 1954.— 725. p. Spokane International RR.- -Earnings— August—< Gross 1954 from 1953 1952 1961 $293,599 $345,565 $302,121 116,607 152,084 122,600 93,826 Income— 56,799 71,739 60,350 37,126 railway-— railway ry. railway— railway—— from 2,188,641 2,311,464 1,907,262 1,724,648 828,282 963,694 income— 407,030 466,835 583,286 322,265 242,867 oper. $250,528 from Net from Net ry. —V. oper. 180, 552,800 954. p. Spokane Portland & Seattle Ry.—Earnings— August— 1954 from Gross from ry, railway 1953 1952 1951 $2,772,947 $2,916,718 $3,076,515 1,010,340 729,792 1,264,623 1,341,701 660,753 80$£14 505,462 19,114,011 20,382,533 20,245,958 5,741,713 21,454,263 8,142,088 7,223,409 7,668,309 3,495,999 4,280,356 3,932,108 3,911,614 railway.—— oper. income— ' $3,101,121 > 1,316,943 from from Net ry. railway railway —V. income— oper. 130, 954. p. Robert J. Levy, Chairman of the Board, on Sept. 29 announced that the directors approved a Charter Amendment to reduce the stated value its capital stock to $1 per share, this amendment to be submitted for stockholders approval at the annual 24,573,008 meeting on Dec. 1, 1954. The also approved filing with the SEC amendments to the com¬ pany's Plan for Compliance with the Holding Company Act and which, subject to stockholders approval for the reduction of capital and approval of the amendements by the SEC, will provide for an interim company Stock distribution Co. Offered—An priced at was par ($100 per 1, 1961 and to Jan. at if $100 if proceeds 1, redemption 1958 fund redeemed of the at after Jan. $101 per at per these are will product, a plastic, is used sheeting for packaging, squeeze bottles, electrical Insulation among have increased the- fiscal year ended the from year June other last ended 1954 years, June was from ^Profit before Federal Mill in to one of share of Standard Light Duquesne common.—V. 1954 sale of goods and services special charges, depreciation and income closing plant Provision 180, 1953,, $4,791,258 tax— for $5,075,096 3*5,207 435,783 " expense— Kansas expense, City 30,000 4,931 depreciation Net profit from *No or be used for facilities new properties. to Texas, be in for the operation the paper processing of film coatings, textiles and purposes. five $19,306,000 30, Orange, expected This of shares Standard Milling Co.—Earnings Increased— It and 1955. 10 35,733 32,974 $395,119 $252,233 prices 1, 1961. share on ammonium near stockholders each 3 Months Ended Aug. 31— company will use shares of 4.60% $100 the; financing of improvements to existing facilities for provision for operations Federal income tax is required.—V. 180, p. 355. the outstanding Remaining proceeds company is constructing production of polyethylene and Standard stock Income thereafter. sale, including and $104.50 thereafter and at the stock. purposes, to redeemed sinking a redeem preferred corporate subject share per the is to common 297. Idle is one of the major producers of fertilizer nitrate, ammoniating solution, and synthetic anhy¬ drous ammonia. Its products also include' methanol, formaldehyde, hexamine, and dry ice. Principal plants of the company are located in the vicinity of Pittsburg, Kan,; Henderson, Ky.; Vicksburg, Miss.; Chicago, 111. fiscal paf 35,942,417 extensions, additions covering $100 32,628,224 under EARNINGS—Over ago. of of before or $101.50 $7,900,000 value and 2,800 75,878,775 stock on PROCEEDS—Of in 5,500 5,500 * 86,875,303 The year. 84 to before Jan. grade 1.50Q Co & 88,647,218 The stock preferred redeemable about 2,800 Co 25,983,130 income—^ redeemed decreasing is 2,800 Co. 64,777,422 preferred stock. if Co & & Standard Gas & Electric Co.—To Reduce Stated Value 328,677,871 371,606,712 360,492,549 336,438,630 share) plus accrued dividends. The 1,000 Anthony & Co Witter $34,104,000, 30, 1954. $5,287,000. Standard Oil Co. consolidated net the latter figure Net income fdr the (Indiana)—Large Midwest Ammonia Planned— Plant This and Sinclair Refining Co. on Sept. 22 jointly an¬ nounced plans for one of the Midwest's largest ammonia plants. The plant will be built in Hammond, Ind., near Standard's Whiting company and Sinclair's East Chicago refinery. Both refineries will by-produet hydrogen and other gases into the plant by pipeline. hydrogen will be combined with nitrogen from the air to produce refinery feed The 300 in tons the gen. a day of anhydrous ammonia. The plant will be the largest country producing anhydrous ammonia from by-product hydro¬ It monium A will tract Spencer's • 5,500 Company, Inc. Walker White, 1,000 i Stroud acquire securities of other companies p. sales the second Corp. Hibbs Co Webster Co Co._„2,80flf Securities " 3,562,637 BUSINESS—Company Taxes for the current six-months period amounted to $1,006,900 compared Net for share, a 16.6-% $10,329,102 16%— foj- the first six months of the current President, announced earnings $1.14 company increased year Sheaffer 4,022,581 6 par Sheaffer Pen Co.—Sales Up this 4,058,500 15 and (W. A.) 4,177,185 railway oper. general Sales income— plans to sell at competitive bidding at noon (EST) on $8,505,000 of equipment trust certificates, series OO, to mature equal annual instalments, and to be secured by new railroad equipment costing not less than $11,340,000.—V. 180, p. 1003. 173,172 178, & & by shareholders on Sept. 24. shareholders also authorized the elimination of their rights to purchase any shares of common stock issued pre-emptive 1— railway— 19,688 Class Earnings Stone Staats & common Net 1951 The company in share — Dividends —V. 1952 underwriting group headed jointly by Morgan Stanley & Co. and Goldman, Sachs & Co., on Sept. 29 made a public offering of 150,000 shares of 4.20% cumulative Corp.—Earnings Decline— Dividends , Jan. from ry. Oct. South 1953 Spencer Chemical Co.—Preferred Net earnings f 304 * South sales. Earnings Provision at its Years Ended June 30— Net L000 5,500 A Gross To Sell Equipments— 1108. p. Brothers 10,184,231 from Net deal for the company operations through 39 following states: Nebraska, Iowa, Colo¬ Dakota, New Mexico and Minnesota. the Wyoming, office and Net 1954 oper. From Gross financing/ In vehicles. owns Omaha, ry. 110,000 shs. 1,500,000 shs. 2,000,000 shs. A The 18th 5,500 Barney & Co.—_ William R. Stern From Jan. 1— Co.—Earnings- railway—_ $44,539,130 $46,703,548 $47,124,609 $45,423,627 railway 10,125,387 9,973,684 10,946,986 from Net 120,000 shs. the Smith, 2,800 1 500 & 1,000 1,000 proposal to authorize a new class value preferred stock was approved Net from Net 1,400,000 „ in $2.13 799,167 355. p. August— Delaware phases of its operations most part . is company 180, Gross corporation, and domesticated in Nebraska, was organized May 15, 1936, and took ovpr all of the busi¬ ness of its predecessor, Securities Investment Corp., a Nebraska corporation which was incorporated on April 1, 1924. ' B. Co._ Shuman, Agnew & Co 2 800 Corp 1,500 & Preferred Stock Issue Authorized— $1,699,755 share common 2,112,051 412,296 $2.07 outstanding Southern Pacific 400,000 — a Inc. Ripley & Net 3,360,000 $2)—. (par —V. $5,000,000 . — stock 2*800 5^500 & Co Co, Shearson, Hammill • —— due July 1, 1957__^___ due Nov. 1, 1967 junior sub., due March 1, 19G3__ Preferred 2 800 5,500 Gross 1953 Outstanding 13l/2%, r . 4% ; , : - 2,307,207 Balance Common FINANCING 1,500 2,800 From Jan. 1— $13,902,496 $13,266,383 2,707,650 2,484,122 — ■ CAPITALIZATION 1,000 Reinholdt & Gardner L. F. Rothschild & Co Hemphill, Noyes & Henry Herrman & Co.—Earnings— 12 Months Ended Aug. 31— Gross 2,800 Piper, Jaffray & Hopwood. 2,800 Inc. $574,981 , Curtis 5,500 Nolan-W. Harciman 5,500 1,500 & ~ Boston Co., Inc Fulton, Reid 2,800 & Beane Newhard, Cook & Co Paine, Webber, Jackson 1,000 2,800 145,000 $369,353 2201. p. 000 2,800 Securities Corp. Clark & Co First Oct. $811,473 121,020 income income S. Langley & Co.__— Lee Higginson Corp.—^ Merrill Lynch, Pierce, Fen- Sons__IIII Inc.— & Eberstadt & The 1,000 5,500' C. ner _ 2,800 Company Kidder, Peabody & Co 2 800 Equitable Fahey, Hutton & Sperry Corp.—Stockholders Approve Split-Up— Subs.)— 22,100 Provision F. W. Dominick & Dominick 1103. p. and ... Provision —V. preferred stock Simmons Co., Brown them to a8greBa'e will 1954 depreciation, E. 2 800 Co!f Inc!I & & severally Hornblower & Weeks— 12,050 _ this 180, Co. 1,124,855 shs. Shares Solo Co Co 1,500 Becker The Gold 150,000 shs. 2,000.000 shs. the Clark, Dodge & Co._ ap¬ company the warehouses, compared with 20 in 1951.—V. American stock""! named below have company ha« a^ed to sell 1 Ellis Alex. In modern a 11,100,000 250,000 shs. ™derwriters — reduced it on of 1 n 100 000 Baker, Weeks & Co._____I Barrett, Fitch, North & plant. contract a erect 3,000,000 Suable in Securities Corp Robert W. Baird & Co., reduced particularly OOO ' MpluZtoZ "stS; Stanley fall „ that the and and nnn ' 1970 and Aug ot Go;dman, Sachs Net tive of 1 on American F. profit a Aug. Central Republic Co. (Inc.) for 7,150,000 1970 pretoreh Biyth 1 $23,555,662, period Operating of company has entered into South Securities Acceptance Corp., Omaha, Neb.—Preferred Stock Offered—An issue of 4,000 shares of 5% cumula- t of "J St0Ck (P&r $100)' Net ' 1 in installments of 1 Of 1959 through severally Blunt comapny's 14,515,860 2,349,475 1959 Co. 26, income taxes—— 1,885,061 Aug. 4.20% cumulative preferred Common stock (par value $6) Eastman, Dillon and period. use Depreciation 1,637,729 share 913. p. of Depletion $ 1,786,097 outstdg com. at Earnings " on and $1,250,000 through 1975 150,000 $2,800,000. announced months for registered with '' $ of experienced by the carpet industry appears in June and July. Smith sales in noted Northeast, area : 1.539,133 shares 180, income- oper. Earnings per ■ 11,112.641 _ increase an to Minn., Yonkers' $5,500,000. 1954—8 Mos.—1953" • $ its the recent Brunswick, its • Seaboard Air Line RR.- -August Earnings— 1971, with of $675,000 agre2dEt^WnJ?pha?p~TheH Elliott maintain Securities and Exchange Commission— 7 the in produced the -i- compared explained that the company would use its recently ac¬ quired plant in Liberty, S. C., for the production of Velvet fabrics. Its Greenville, Miss., plant will continue to produce only Axminster fabrics, but at a greatly accelerated rate. Wilton fabrics will be shares. '■" > •' , , With Elliott proximately 180, p. 444. —Registers With Securities and Exchange Commission— - 1954 stock 1953. ' encouraging. substantially gratifying. / )' The year. common point have is steadily None 198,971 — —- loss in market low its 30.000 — x— — reached 30,000 _ preferred, series D_ Common six $155,000 of by below September —9,055 4% % '* of 7 150 000 & ; ———— over year. amounted year $18,724,113, Net The sales decline . preceding President, $1,145,873, benefited were $396,160 ^ ••" "V."' 12.9% Smith, Inc.—Reports Smaller Loss— period. small a items 85,865 —$457,424 Balance available for common stock "Shares outstanding— 4%% preferred, series A $39,511,538, were the the Elliott, with Strike of $482,025 - in totalled 1953 pared 221,973 ,— M. sales same $703,998 $549,919 - on construction James 27,114 230,318 _ year (Alexander) $780,237 ... — the for $37,160,524 operating results for the $676*884 13,853 preceding on fertilizers. Facilities at Houston, Texas for of the company's ammonia production are in progress, report.—V. 179, p. 1051. 1,631,986 —__ the analysis $2,308,870 , for Lea, 1953 / $3,750,000 install¬ 1 -_ 1971 1972 A. 1,941,790 • js-s-—..-——- $766,384* Interest, etc., deductions— Net . reported of .* . $2,708,174 taxes income increase an equivalent to $2.51 per share the 1953 fiscal year. sales of Net Operating income Non-operating income V : — depreciation expenses, net $2,457,099, was company is engaged in the construction at Streator, 111., and Albert inr '. 1S54 : revenue for needed— Sau^ose Water Works—Earnings Show Gain— 12 and series taxes, Major construction projects completed during 1954 included additional plant facilities in the ammonia division at Houston, Texas, and the addition of a phosphoric acid plant at Streator, 111. Total expenditures boiler B&W after $2,175,162 sales scheduled are income, Net announced. at Aug. Outstanding of l installments of on Aug> * of 1959 through on earnings of this company for the fiscal year ended July 31, highest in its history, according to Ralph B. Douglass,' with $2.26 for Encina new annual on 41/«Irnnnte' payable i4i0o,0J0o" Aug" 1969, $575,000 the earnings are being now company's October, 1956. Other units will be added as possibly at intervals of two to three years.—V. 180, p. 1211. , and were , $18,000,000 payable in $650,000 1969 Aug. 1958 ™te* payable in ilfn 1969 and Smith-Douglass Co., Inc.—Reports Record Earnings— 1.085.542 1 of FINANCING install¬ — approximately $60,000,000, will more than double the power generating capability of the San Diego .company. The first of four boilers and turbo-generating unite, having a generating dapability of 106,000 kilowatts, is expected to 2811. p. 44,374 3,707,535 President. nearby York, The - 61,692 . most the for 195,181 3,736,231 income 913. p. of 207,065 A. Beck, Executive Vice-President, said this payment brought $13,300,000 the amount paid out by the company to its em¬ since the profit-sharing program was started in 1934.—V 179, to notes, through PRESENT $3,750,000 on and TO 55 Authorized annual $1,250,000 of ments ployees 52,532 railway.. erected 210,455 , . 3,178,746 1,023,888 railway oper. 180, One $469,726 178.171 San Diego Gas & ; 1951 $486,354 1— from Net 1952 $489,801 income.— oper. From Gross 1953 $464,946 i- railway.'- from EFFECT payable in 1956, 1957 _ Gross notes, ments quarter. GIVING as * Pays Profit-Sharing Dividend— This sharing Louis-San of contracts totaling approximately $5,000.000. Additional electronics work for the military services is now being negotiated, Ryan said.—V. 180, p. 1003. St. $277,159, new will be company supervise with the preparation construction completion —V. also able to produce solutions of ammonia and am¬ nitrate. 180, p. is will formed construction new to is start planned construction 1108. and company, planned tentatively of be and to the plant. Standard, which later operate the plant, under con¬ obtaining bids from contractors. Site late this fall, with the beginning oJ for next spring. The' target date for own initial operation is early in 1956. Chronicle... Monday, October 4, 1954 The Commercial and Financial 56 (1376) L*/ ' - Standard Oil Co. (N. J.)—New Jersey), Vice-President of Esso Export in 26 years. In his new capacity Mr. Parker also becomes President of Mediter¬ ranean Standard Oil Co. as well as three other newly-formed Jersey ^affiliates, Staniraq, Ltd.; Mediraq, Ltd.; and Esso Trading Co. of Iran. —180, 1211. p. Ry.—Earnings— Staten Island Rapid Transit Net ry. 1953 1952 $239,988 54,461 *53,747 railway from Wet *10,256 $321,696 33,104 *26,434 income-— oper. 1951 1954 $243,656 3,451 railway. from Gross mortgage pipeline bonds— series due 1968 ♦First 3%%' 4% $324,223 52,380 *2,958 due tPreferred (par 5.40% $100) Wet 2,334,678 2,492,991 2,318,760 204,795 323.041 *469,190 railway™.— *273,253 *16^,244 189,769 *218,367 income... oper. ry. 1,865,014 11,268 railway..™ from Gross 4.96% series ——- , stock $5) (par of the principal underwriters of the number of shares thereof which each from the corporation are as follows: Shares Shares names the and stock, preferred severally agreed to purchase Ball, Stylon Corp., Milford, With SEC— Mass.—Registers filed a registration statement with the SEC on covering 650,000 shares of its $1 par common stock, the holders of the $1,300,000 principal amount of the City of Florence, Ala., 5%. first mortgage industrial development arevenue bonds on the basis of 500 shares of common stock for each $1,000 bond. Said offer( will be good until Aug. 31, 1958. Thereafter, -»,nd from Sept. 1, 1958, to Aug. 31, 1963, Stylon will offer 333 shares tor each $1,000 bond,' with the amount of shares being thereafter reduced to 250 from Sept. 1, 1963 to Aug. 31, 1968, and to 200 shares from Sept. 1, 1968, to Oct, 15, 1977. The Courts to Massachusetts laws in 1949. It organized under was company Corp., are engaged in the manu¬ glazed clay wall tiles and cermaic floor tiles and in distributing other products, such as imported clay tiles, plastic files and bathroom accessories. Its principal plant is located in Milford. Stylon Southern subsidiary, its sale and facture of Ala., is leased by Stylon Southern from the City of Florence, Ala. Pursuant to an agreement entered into with the e^f-^inderwriters at the itme of the issuance of the $1,300,000 of bonds * fky the City of Florence, under an indenture of trust dated Sept. 1, 1952, Stylon agreed- to make an offer of its shares in exchange for the bonds commencing on Sept. 1, 1953. The company will not receive ■any cash proceeds from this offering. To the extent that the City of Florence bonds are exchanged for Stylon stock, the company will acquire such bonds. It is the present intention of the company manage¬ ment to hold any bonds so tendered for the purpose of receiving taxfree Income thereon, although the occasion may arise at some future time when it would be desirable to resell the bonds in order to improve The Dodge Clark, offered plant the position of .shares, Florence, in 45.6%.—V. owns has outstanding 1.344,000 common Newton Centre, Mass., President, of the company. Stylon which Joseph Mass, of .180, The First 3,000 Corp Boston J. J. W. 1,000 L. P. Rothschild & Co 1.000 Salomon Bros. & Hutzler— 1,500 Shields & Company 1,500 Singer, Deane & Scribner— 500 F. S. Smithers &.Co 700 Stein Bros. & Boyce 700 Stone & Webster Securities Corp. 3,000 Spencer Trask & Co 1,000 Tucker, Anthony & Co 1,000 Riter Johnston, Kuhn, 1,500 Co 1,000 700 3,000 3,000 & Co. & Lemon Co Co & Loeb C. W. ! Langley & Lazard 400 Weeks & Hutton E. & Son Hilliard B. Hornblower Co. 180, & & 3,000 Co Witter Dean 1,500 Co Harold Marks & Co— 1,000 3,000 1,000 Corp Co & Weld White, & „. Laurence M. —V. Securities Walker H. G. 1,000 Higginson Corp Carl M. Loeb, Rhoades Co & Union 3,000 Co & Freres Lee 1,500 Co & Reynolds Hibbs B. Wood E. & 3,000 400 Co Ry.—Earnings— Texas Mexican i ry. 1951 1954 1953 1952 $264,076 $258,498 99,741 26,748 71,775 15,102 30,308 *11,602 income. months ended For the six 1954, sales totaled June 30, $1,439,584, the sustaining a net loss of $214,808. This means that after pre¬ dividend requirements have been fulfilled, the loss amounts to company ferred of common stock as against «hare for the comparable period last year. *$6.24 share a Howard President, Moncrieff, F. loss of the from arose stated that "approximately a third non-recurring expenses sustained .suspension and and, at present, gen¬ eral improvements have been initiated in the operations of this com¬ pany. Although sales for the first, six months of 1954 were about a third under sales for the comparable period last year, we can now ^report that sales are presently about level with last year."—V. 179, for "Plans economies new are being formulated Tampa Marine Co., Tampa, ' filed company Fla.—Registers With SEC a In company of value, class A shares are being issued under an agreement with Paul Trustee, in payment of obligations in the amount of $95,000. is named in the prospectus as a vice-president and a director. 37,255 Dixon, Dixon Herbert Dr. - Kalmus, T. reported President, a sharp upturn in the Technicolor, Inc. for the third quarter of 1954. after taxes on income of Technicolor, Inc. three months ended Sept. 30, 1954 is estimated to be $767,560, consolidated net profit the equivalent to 40 cents a share on the new with $495,500, or 25 cents per share, pares stock outstanding. This com¬ for the same quarter of 1953. stated, "The favorable showing in the third quarter of 1054 indicates that Technicolor has turned the corner and has success¬ adapted its improved manufacturing techniques to the new re¬ including Cinerama, Cinemascope, VistaVision, and other fully quirements large screen theatrical presentations, research 'The in the coming "Eased 1954 and and i development departments of unusually active and still further to be are the excess Technicolor continue improvements may be expected months. current orders, the earnings for the fourth quarter of estimated to be approximately like those of the third quarter, upon 1954 to be substantially in share which has been the customary dividend payment of $1 per Texas Gas taxes for the year after earnings eince 1949."—V. 180, p. 1212. Transmission Corp.—Preferred Stock Of¬ investment the public 4.96% preferred stock at par ($100 per fered—Dillon, Read & Co. Inc. headed an .banking group which on Sept. 29 offered to 75,000 shares of share) plus accrued dividends. redeemable at optional redemption prices scaled from $104 per share if redeemed on or before Oct. 1, 1C59 to $100 per share after Oct. 1, 1974. The stock is also redeem¬ able at a sinking fund redemption price of $100 per share beginning with the 12 months' period ending Oct. 1, 1959. The new preferred - stock is the sale of the new preferred Jrtock, $6,754,552 will be used to pay the corporation's notes payable to banks and the first mortgage note of a subsidiary, and the bal¬ ance will be added to the corporation's general funds. PROCEEDS—Of „ ry. RR.—Earnings— 1951 1952 1953 $11,460,473 855,410 at the start of 1954. With the declaration of its quarterly^dividend on Sept. 14, 1954, the corporation payinent on the common to 25 cents per share the 22 cents paid in the two previous quarters of the current Indications thus are that dividend payments for 1954 in full exceed last year's total of $l.li per share. Its raised from year. may Net Net ry. 98,951,114 28,554,849 96,662,351 90,523,768 26,970,641 19,170,254 4,034,631 railway from —V. oper. 180, p. quarterly 8,372,259 8,231,722 5,869,504 income 954. debs., due Dec. 3% revenues..$6,05)5,032 4,659,269 expenses—^ $2.70 ($50 4,913,059 38,736,676 408,238 4,617,404 2,780,892 39,959,337 7,003,082 3,105,113 148,041 29,851 204,154 income $385,393 $948,085 $8,325,024 339,333 335,004 $5,134,692 1,050,195 purchase 1.27 shares of stock at $17.76 per share— $1,283,089 $6,184,887 $9,315,365 income— Total $724,726 Income income 180, 8,673 66,261 66,700 260,206 2,024,035 2,123,028 $464,587 .— $1,014,210 $4,094,591 $7,125,637 Sept. 20 filed a letter of notification with the covering 30,000,000 shares of common stock to be offered at par cent per share) through Glen E. Hendershot, Cheyenne, Wyo. net proceeds are to be used to pay expenses incident to mining The SEC (one The corporation on activities. Shipyards Corp.—Merges Subsidiary— the of close business of The Lines, Inc.—To Install Radar— fleet of airborne radar on its seen by authorities as a in the application of latest scientific devices corporation for installation aircraft, as recently disclosed, are this of of significant forward step to airline operations. radar Flying (Inc.)—Fourth Tanker Associated Oil Co. Washington, a $6,000,000 capable of carrying 131,000 A tanker with a deadweight barrels of petroleum prod¬ at Bethlehem Sparrows Point Shipyard, Baltimore, Md., for operation by this company, it was announced by Vice-President H. B, Haney, head of the company's western transporta¬ launched on Sept. 30 department. to M*| R. J. Offered—General proceeds are to be used to purchase additional built by 3 March of this research further design product and and development of working capital, etc. for GIVING CAPITALIZATION A EFFECT Class B (par stock which ♦Of on 10 FINANCING PRESENT TO 10 cents) shares 170,000 BUSINESS—Corporation 1952. It conversion of under certain conditions. class for B incorporated in New Yortc on March the purpose of engaging in tile relatively field. Initially the activities- of the of developmental work. During the existence, the corporation retained, an independent Fiberglass reinforced was formed for was 174,570 shs. 170,000 shs. 170,000 shs. reserved are share-for-share basis, a Outstanding *600,000 shs. cents) (par stock and products new Authorized Class reinforced plastics corporation consisted principally first two years of its corporate on a contact basis, the services of Fiberglass new firm plastics ordeii develop to to products having commercial application. new operation, manufacturing commence corporation the in fee on July in completed on for initial proceeds of this offering) so as to get into immediate production on the following units: Film cases; film reels; beer and soft drink cases (with and without dry-ice compartments); signs and purpose items early for The tubs. contemplates company ^production.—V. 180, p. 955. City, Utah—Files— Uranium Chief, Inc., Salt Lake year. this year, the vessel will be used in coastal runs in the Pacific Ocean, serving ports in Washington, Hawaii, California, Oregon, and foreign lands. Its home port will be Wilmington, Del.—V. 180, p. 1212. mortar and bows; archery letters; A Washington, Upon delivery in November of the company's trans-ocean and (using for this management's intention to equip the plant the is It 4,800 square feet of open floor thus providing substantial ground containing 1954, June, 22,000 square feet of land, expansion and growth. additional the Flying for Plastics, Inc. (N. Y.)—Stock Corp., New York City, on Investing Sept. 30 publicly offered 150,000 shares of class A stock the second of twin tankers Bethlehem for operation by Tide Water Associated, was laid keel expenditure of up to $4,000,000 for an program. Cunningham, Director of Communications, the equipment will not be a modification of any military type radar but, rather, will be the product of research and development directed entirely toward radar use in airline operations.—V. 180, p. 1109. area was Dry Todd-Johnson 1954 30, which United Air space 16,000 tons, Sept. on Orleans, La. was merged into Todd Shipyards Corp. has long been operated as a subsidiary, now the New Orleans Division of the corporation.—V. 177, p. 442. New Inc., 1, 1954 a plant located on Oak Street in Nor¬ wood, Bergen County, N. J. The building is a new one-story structure Tide Water ucts, Wyo.—Files— Triassic Uranium, Inc., Casper, acquired Launched— of flncludes 20,625 warrants held corporation.—V. 180, p. 1004. by the In 954. p. $3,271,247 reserved for issuance upon are of exercise 20, 7,977 charges... Net —V. 990,341 252,162 Miscellaneous deductions Fixed 810,740 shs. 4,174,104 shs. 3,271,247 shares of common stock outstanding warrants, *4,154,483 stock oper. 6,900,000 to common $7,063,847 $51,473,818 $58,540,597 695,009 333,255 22,106 ry. 2,650,000 7,360,000 6,900,000 1,000.000 shs. *14,000,000 shs. value) par ($1 par value) stock Warrants the stock pfd. cum. Common new accruals Equip, rentals (net Dr.) Jt. fa'cl. rentals (net Dr) tax Net 2,650,000 7,360,000 (par 10 cents) at $2 per share on a "best-efforts" basis. 764,614 Other $1,150,000 1960, of General 1, debentures, due March 1, 1961— 27/8% debentures, due April 1, 1961, of Selected Industries Inc., assumed 1954—8 Mos.—1953 t954—Month—1953 Period End. Aug. 31-v- Ry. $1,150,000 27/«% PROCEEDS—The net Operating Operating Outstanding Authorized debs., due Aug. 1, 1960, of Capital Administration Co., Ltd., assumed— 3% U. S. Fiberglass Industrial Pacific^y.—August Earnings & PRESENT EXCHANGE OFFER CAPITALIZATION GIVING EFFECT TO 552,279 84,723,991 16,677,145 railway from Gross at reported recent most 2,228,709 690,481 485,247 income— oper. a Sept. 21 filed a letter of notification with the SEC covering 26,400,000 shares of common stock to be offered at par (one cent per share) through Coombs & Co., Ogden, Utah. The net proceeds are to be used to pay expenses incident to mining operations. The corporation on Kalmus Dr. < value $25.21 According From Jan. 1— The consolidated earnings of lor 260,416 1954 tion Inc.—Quarterly Earnings Higher— Technicolor Tiie 279,866 $10,822,246 $11,775,909 $11,664,138 3,070,736 2,464,675 2,957,452 railway from Net of companies. The directors have authorized of has outstanding 275,000 shares of Class B stock, no which officers and directors as a group own 74.5%. addition to the 300,000 class A shares to be offered to the public, The ®. proceeds the par . Net ....: the sale of the 165,000 shares, the company proposes to use $220,000 for the expenses of the issue and working capital, $100,000 of construction of stevedoring facilities, and $100,000 tor purchase of additional barges. When and as the balance of the proceeds resulting from the further offering by the underwriter on a best efforts basis are received by the company, the proceeds are to be devoted to the following uses: Additional working capital, '$150,000; payment of marine mortgages, $150,000; and construction of additional yard facilities, $45,000, "' 701,554 954. railway from Texas registration statement with the SEC on Sept. 28, 1954, Covering 300,000 shares of its class A stock, $1 par, to be offered for public sale at $3 per share through Gulf-Atlantic, Inc., of Tampa. Gulf-Atlantic has agreed to purchase for distribution not less than 165,000 shares of the class A ^stpek and to use its best efforts to sell the balance of the issue; and it is to receive an under¬ writing commission of 45c per share. Of p. August— Gross stocks equipment, f. This asset the 2601. "jp. 180, 2,237,713 815.556 70,682 income— oper. ♦Deficit.—V. 2,338,221 845,074 270,295 Texas & New Orleans closing the company's office at 205 East 42nd St., New York City, of certain unprofitable operations, revaluation of inventory an additional provision for doubtful accounts. fn Net ry. 2,300,048 331,895 earnings of 44 cents per extraordinary this amount, about 82% was invested in the broadly diversified list of well-known and wellThe corporation's common stock had a net Sept. 27 of $32.41 per share, 287? higher than the a Of $215,160,000. common established becomes 1,772,951 railway railway— of Sept. 27, 1954, total market value of Plans from from Net as assets with investment 84,933 railway oper. valuation interim recent net $312,293 8,882 railway from from . most the on Todd-Johnson, $195,507 August— Gross Net listed. had As Gross Oil Corp.—Reports Loss— Based Exchange Stock York New Tri-Continental Docks From Jan. 1— Swan-Finch now Todd 1109. p. the is Shareholdings Corp., assumed— 1.500 1,000 400 Pressprich & Co Reinholdt & Gardner Inc._ Co., & W. R. 700 400 Fulton, Reid & Co 400 Harriman Ripley & Co., Inc. 2,000 Hayden, Miller & Co I 500 Hemphill, Noyes & Co 3,000 & 500 Jackson Curtis 400 Nolan-W. Folger, Cook Webber, Paine, 400 Co Co & Co Ohio Company- The 1,000 Co & & Equitable Securities Corp— Net 1108. p. Dain 3,000 400 700 1,000 500 — & Moseley S. Newhard, 700 Co & M. J. 3,000 F. . Turben & Co Milwaukee Co The Sons Fen- Beane & ner Pierce, Merrill, 1,000 Inc & Brown 1954, 27 be «tnd Alex. Lynch, Merrill 500 Co & McDonald 700 „ Co. Inc ?; Co., & corporation The to Blyth Kraus & Becker 400 A. E. Masten & Co— 400 Baird & Co., Inc. W. Burge G. & Co Whipple Bacon, A. fiept. Allyn & Co., Inc C. A. 6,200 1,000 400 Read & Co. Inc Dillon, on stock - - UNDERWRITERS—The new has stock to list the $2.70 preferred where the present preferred Application has been made existing issue. 13,000,000 shs. 2,636,568 shs. ♦Limited to $150,000,000 principal amount of all series outstanding at any one time, tlssuable from time to time in series. 133,800 shares reserved for issuance upon exercise , of options. Robert 180, p. 954. "♦Deficit.—V. stockholder# approved the creation of the new preferred stock annual meeting held on March 30, 1954. The liquidation pref¬ and redemption price of two shares of new preferred stock correspond exactly with those of one share of present $6 preferred stock. Except for the change in par value and dividend rate, all other features of the new stock are identical in substance with those of the erence 100,000 shs. sf?s" series From Jan. 1— Wet from the exchange. in the at Outstanding $60,000,000 $49,000,000 37,000,000 37,000,000 300,000 shs. t — 1971 stock series Common August— stock not taken by the new $2.70 preferred scares of for purchasers shareholders The FINANCING Authorized the Jersey organization for with been has of total operating revenues had EFFECT TO PRESENT GIVING CAPITALIZATION suc¬ who be«ime Executive Parker, Mr. 1953, company income of $4,873,478. 1. who retired Oct. Haley, the 1953 and net $63,308,654 Export Corp., affiliate sales William J. ceeding has been elected President of Esso of Standard Oil Co. (New Parker M. George international EARNINGS—In President of Unit— the from proceeds Tri-Continental Chairman of the Board and President of the closed-end investment company, points out in a letter addressed to the Francis diana and Ohio and to owns Texas and operates Eastern a natural Transmission Randolph, F. preferred stockholders that interest and preferred stock dividend rates and that the $6 preferred stock dividend rate paid by clearly no longer is in line with existing conditions. The lower dividend rate on the new preferred, he adds, will be of direct benefit to the common stockholders of Tri-Continental who are entitled to all current income after the corporation provides for ex¬ have the changed amount to $243,222 The exchange All 1954. requirements of its senior new preferred stock will annually, equivalent to 5.8 cents per common share. and the fixed interest and dividend The saving in dividends on the penses new of stock further Corporation. corporation used be $1 at to Sept. on offer expires as of the close of business on Oct. 27, $6 preferred stock which is not exchanged for the been called for redemption on Oct. 31, 1954, and no has dividends $110 plus will be paid after that date. The redemption price the dividend for one month from Oct. 1. Redemption of $6 preferred redemption stock. price stock may of $110.50 subject per the holder share is more to a tax if the than the cost of his has agreed, within limits, to purchase or find SEC— letter of notification a per with to incident expenses pay activities. mining - the be to - Utah & Idaho Uranium, Inc., Kellogg, Ida.—Continues Core Operations—Shares May Be Distributed Controlling Companies—Plans Public Drilling to Stockholders of Offering of Treasury Shares— This corporation, whose entire outstanding capital stock of 6,000,000 is owned by six small Idaho mining companies, on Sept. 27 shares the announced properties in completion of its Utah. found the uranium Lester on one and of six It ore 12th that added and uranium discoveries company's program One group miles west 15 in the Sal There panies its the uranium hole 12th U. the company's the I. & La property core drilling Sal district comprises of San one Juan of core of claims of 20 the drilling calls for of adjacent district, are no town of holds are: claims about U. & a total of 42 test probable size of the significant discovery. of claims in Utah, aggregating 1,300 (400 Moab. exploratory work of importance. groups La in uranium ore body 1,000 feet long a this indicates This company holds three groups any of one Utah. holes to determine acres. on recovered announced of claims has proved wide, hole core cores to be high grade. Harrison, President, feet major County, The S. group 150 companies - Union Securities Corp. filed 23 shares of common stock (par one cent) to share, without underwriting. The proceeds are 300,000 covering offered the gas the Uranium Corp. of Colorado, N. Y.—Files With The SEC corporation securities. is pipeline «ystem extending from east Texas to western Ohio with a daily delivery capacity of approximately 1,069 million cubic feet. Approxi¬ mately 87% of sales were made to 42 public utilities serving com¬ munities in Arkansas, Mississippi, Tennessee, Kentucky, Illinois, In¬ BUSINESS—Corporation Corp.—Makes Offer to Holders of $6 ^Preferred Stock—This corporation on Sept. 28 offered to Exchange two shares of a new $2.70 preferred stock of $50 par for each share of its outstanding no par $6 prefererd stock (405,370 shares outstanding). Stockhold¬ ers who accept the exchange will receive dividends of $5.40 per year on the two new shares instead of the $6 dividend they Jiave been paid on each share of the pres¬ ent preferred. No taxable gain or deductible loss will be realized by stockholders making this exchange. 40 I. (45 miles acres) This is in Grand County, about property has not, as yet, had U. & I.'s other property is in two claims aggregating southwest of 900 acres) in the Moab. shares publicly held. Each of the six parent 1,000,000 shares of U. & I. The six controlling com¬ Caledonia Silver-Lead Mining Co., Coeur d'Alene Silver Vclume 180 Number 5365... The Commercial and Financial Chronicle Giant, Inc., Nancy Lee Mines, Inc., New Era Co., and Silver Bowl, Inc. Shares the of each Spokane traded in of the Stock San six controlling Exchange, Francisco but Mines, Inc., Signal Mining : ; i . companies . traded are on have to the to was I. & wait uranium until more body ore known was before regarding the size of thg the stock spin-off." He also making said the management of U. its uranium of some mining its the treasury stock. "However," he said, "decision on public financing will not be made until after completion company's Utah Net from Gross ... $4.50 Common 30,799 38,687 "7,928 15,356 royalty 30,848 3,594 18,627 to 595,230 180, 918,998 *726,333 "130,114 "45,625 "160,104 "34,200 *148,429 "184,473 filed registration statement a with the SEC (with 1966, public sale of of 12-year stock at 6 Vc purchase $1,000 Vendorlator warrants for of be sinking Co. the plant of attachedi, debentures is It engaged to be through corporate form the of under the use subcontracts proceeds in the stockholders purchase 10'in at a of group purchase have the proceeds of the financing .will be doyalty interest aggregating 1,651 net in San Juan County, New Mexico and La Plata County, The for balance In use will the added be exploration, Air¬ financing capital working stock. all to or the of of the the of part San in able principal Juan that gas interests Basin in total reserves of all company's of an directors the and in are New of and area CAPITALIZATION Capital ■ stock *—— "Of 37 Mexico, Colorado officers Wabash Period End. Aug. 31-r- expenses— 1954—8 Mos.—1953 $10,304,740 $72,375,065 $30,097,473 $9,000,832 7,003,733 7,751,566 57,115,176 58,957,528 inc. oper. after Fed. inc. taxes— to the cubic 980,109 5,314,634 369,225 704,232 3,298,352 authorized the upon been reserved have been or issuance for be may additional 90,000 granted shares the upon to the Elmer H. the J. White G. H. & of names the several Co., Inc M. Kidder Rauscher, & & Doolittle Crowell, stock, 30,000 Kenneth 20,000 C F. of the Exchange Offer— Board, Sept. on 29 amount of debentures offer Is for expected each to following the qualification be the of share made of preferred around —V. 180, to withdraw who into depending exchange. the Gustavus to right offer, and an debentures under the of Louise declare Trust the the upon exchange number effective or Research Foundation contemplated be that called for The — Pope, — 2,500 Inc The bonds, which Sept. 28 on a bid on by First all Blair & Boston Halsey, for Co. Corp., Stuart & the same Inc., and Co. coupon 100.677; White, Inc., rate Coffin Weld were: & & Burr Co. which company's stock advised remaining letter by outstanding- damage electronics of to provide automatic control of classification yards was announced Sept. 27 & Signal Division. This equipment. car Union installed be can Switch in new resulting Daystrom, or from existing human- Inc., above.—V. 180, Whitehead See Goodall yards, virtually error.—V. p. -180, eliminates 766. p. 821. Blyth Co., & Inc., Co. Rubber above—V. Inc., ;; . Wisconsin The SEC, Michigan company covering on Sept. $3,000,000 for\public Co.—Proposed 176, filed persons until shares would shares be $1,000,000, and parent a as applied to of the the registration a 14, 1954, to authorization Wisconsin parent, remaining 75,000 Proceeds ending year 821. p. shares of construction short-term of the Wisconsin The would the The $18,000,000 100.329 and V, 180, p. to up Chicago DYst the to are & will retire¬ Construction notes. 1955, for U><' to are estimated at * Light Co.—Bids i0:30 a.m. 1U-, Power Co., be issued to and program 30, addi¬ art whiclr 50,00$ financing promissory June hearing a issue of ' ' Power company, the E'ectric 5 Drive, SEC with request to stock, cornmon par dividend, 180, ', V / . statement Qc£ requests its'$20 company's for $3,100,000.—V. also to* its $1,700,000 expenditures • mortgage bonds, due 1984, to be competitive bidding; and the Commission at of sold stock /J ' , Co.—Registers With first TheVompany 125,000 ment 29 Merge*— 187 and 279. pp. ; ^ ^ Power of sale interested given tional 100.477; (jointly), Brothers Rubber 1 (CST) receive mortgage on bids -series bonds, Oct. for Oct. 4 the H, 4— at 20 North Waekcr purchase due from Oct. 1, it of 1984,-v— 1047. 100.26. prices of the series B bonds will be scaled from Special redemption prices will range from 101.47 to 100. 100. PROCEEDS—The outstanding bank construction to 1954 net to pay in proceeds loans prior required, August, territory company to purchase up to $2,000,000 of in exchange for preferred stock. It is preferred stock not exchanged for debentures redemption prior to the end of the year. preferred Regular redemption 104.47 to has any be will Weston Electrical Instrument Corp.- -Offer for Stock- in 1953 loan connection the amount will be applied to pay $4,000,000 incurred for together with other funds, sale of the balance, and bank a from the amounting with the $2,000,000 to company's current incurred in construction WJR, the Goodwill Station, Inc., Detroit, Mich.—Stock Sold—Straus, Blosser & McDowell, Chicago, 111./ a»d Smith, Hague, Noble & Co., Detroit, Mich., on Sept. 21 offered 4,000 shares of common stock (par $1.25) a*. $12.50 per share. This offering was completed. program. entered application new the impact 100.927, were priced at 101.467% and accrued interest yield 3.05% to maturity. bids, all stock exchange. Westinghouse Air Brake Co.—New Electronic Equip'! A moving cars in freight 9,000 5,000 3,500 Co.—Bonds Offered— sale that the 10,000 — William N. at competitive provides their of will be called for redemption. The recapitalization plan is con¬ tingent upon approval of the Interstate Commerce Commission, appli¬ cation lor which is pending. For details, see V. 180, p. 1150. has awarded deposited proportion 10,000 & Co., Inc.. Snyder Company. who their plan offered The BUSINESS—The Pfeiffer Co Stirling, Morris & Co. Massachusetts Electric stockholders of agreement with the debentures not issued the will the reserve the accept The of if directors Shareholders the 821. p. the shortly of 20,000 15,000 Cassell & the exchange offer, which was part of a plan to tetir*company's outstanding preferred stock, was limited W shares, 'the debentures and common stock available for ex¬ change will be allocated pro rata among the shareholders who- de¬ posited their stock. of 225,000 sev¬ Equitable Securities Corporation and Lee Higginson Corp. jointly headed an investment banking group which publicly offered on Sept. 29 $6,000,000 first mortgage bonds, series B, 3xk % series, due Oct. 1, 1984, of West¬ stock. middle the Indenture Act. The & Co.__, 20,000 100.731; announced debentures, exchange & 20,000 Hogle & Co— has Co Ellis 800,000 Shares Weedon Ingalls Co., J. A. Other proposed to offer the holders of its 67* preferred value, the right to exchange their shares for sub¬ due Dec. 1, 1974, on the basis of $105 par 5% principal October 6,473,369 company $100 ordinated The Chairman underwriter & 1,000,000 •: • .Henry Dahlberg & Co.— 40,000 Inc. Because all See 35,000 Co.— Pierce • >. 60,000 Walker & Co.—: stock underwriters, "and each Co Co. 1253. change for debentures and common stock under an ex¬ change offer which was made Sept. 8, 1954 and expired Sept. 29. for issued be • Tucker, Anthony & Co. Sheorson, Hammill & Co. A. to of options which employees of the and & * that 290,958 shares ef A, had been deposited in ex¬ 915,592 shs. reserved authorized exercise officers Shares to Bobst, the Co -- Outstanding \ . UNDERWRITERS—The were Warner-Hudnut, Inc.—Proposed of ■ 1,100,000 - 1,000,000 1.000,000 Struthers & . $1,100,000 company on Sept. 30 announced its preferred stock, series .^ number of shares of capital stock which erally agreed to purchase, are as follows: G. ' below: names Western Pacific RR. Co.—More Than Required Pre¬ ferred Shares Deposited Under Exchange Offer — Thfc recover¬ FINANCING 60,000 shares have been the subscription warrants of In acre¬ * PRESENT "2,500,000 shts. ■ shares, Estimated Authorized ... /. exercise underwriters, 8,596,583 Net inc. after cap. fund sinking funds —V. 180, p. 955. of feet. TO i_ i. all undeveloped Nebraska.. EFFECT $1) (par have ern 652,459 and the of wells, gas with 180, p. thereon. 1954—Month—1953 revenues— funds development outstanding stock. RR.—August Earnings Off— Railway oper. Railway oper. Net railway and producing together and 29,884,000,000 GIVING •' ■ the issuance underwriters aggregate of 38 shareholders owns more and 44.337* or participation of the 34 various any shares; shares to the debentures, None outstanding 102,075 own share per common the the options general BUSINESS—The company Is engaged primarily In the acquistion and of natural resources in the Southwest. At present, the manufacture manufacture Douglas the to acquisition '! > respective of conversion of Western Massachusetts Electric that and —V. certain company. debenture additional condition a of granted $7.10 18,900 shares of than as share, per the purchase of additional production 'capacity of refrigeration its prospectus notes that, as underwriters to $8 with the of purposes, increase to of i The options 293,060 shs. development an 1960. the design, development, vending machines and the including larger cash balances, and equipment price 30, In beverage to at through Sept. conponants proposes stock common units. 38 for Sept. on debentures, fund warrants $1,000 per exercisable bottled aircraft general in to company sale major craft portion . $900,000 1, for The Cooley - their Co & Wood, — acres company's 955. p. covering shares and reserved & Shields 3,153 shs. 15,000 shs. *300,000 shs. are opposite Drexel , . par) (no oil and mineral properties. gas, *200,172 ♦179,022 income 793,472 underwriting group headed by Lester, Ryons & Co. and Bailey and Company. Underwriting teri^s are to be supplied by amendment. For each $1,000 debenture the~purchaser will receive a warrant to purchase of 230,000, 15,000 shs. purchase company company Oct. 50 1966 6,940 shares 180, p. 1253. Colorado.' Vendorlator Manufacturing Co., Fresno, Calif.—Regis¬ ters With Securities and Exchange Commission— the due forth Equitable Securities Corp Higginson Corp 15,000 shs. PROCEEDS—A used set Lee . 1951 $142,976 age offered notes 57 - UNDERWRITERS—The purchasers named below have severally agree* purchase from the company the principal amount of series B 1,949,000 Development C«.~ — Stock Offered J. G. White & Co., Inc. headed an underwriting group which on Sept. 30 offered 300,000 shares of $1 par value capital stock at $4 per share. * 23,382 railway. railway 1954, to bonds 7,867,000 Western the due 1975 1979 stock 1952 income oper. 27, • $7,750,000 due preferred stock (no par)— notes.—V. * Outstanding due which "Of FINANCING Authorized series $104,619 1— •Deficit.—V. This PRESENT TO serices $5 1953 railway from ry. Cumulative $155,883 from Net EFFECT 1957 convertible 4% 1954 Jan. Net series $108,721 railway- oper. From drilling program." * from Net ry. current Ry.—Earnings— August— Gross series due unissued details of this of & L contemplates obtaining funds to initiate operations in Utah by the sale to the public of series 3V4% shares GIVING mortgage bonds— y#% 3Ve% arrangements basis, was dis¬ meeting the stockholders followed management's advice, At each which U. 3 being considered. are Mr. Harrison said: "At recent meetings of the shareholders of each of the six controlling companies the subject of distributing U. & I. stock to each company's shareholders, on a pro rata cussed. CAPITALIZATION First now (1377) Massachusetts the city and an approximately serving electric 1,450 total the population a operating Giving effect to consummation of the exchange offer, the company's capitalization wiii consist of $6,000,000 of 4'/4% notes, due June 1, 1972,.. a maximum of $6,200,000 of subordinated 5 7k debentures, due Dec. 1, 1974, and 1,270,555 shares of common stock. $3,245,000./ —V. First net operating in a miles in western square of revenues ended to go selling stockholder.—V. a 180, 1253. p. of about June 30, Worthington Corp., Harrison, N. J.—Contract— including 358,000 This months 12 proceeds utility, of Springfield. EARNINGS—For had is company comprising $22,490,000 1954, and the net company income of ment corporation has been granted the contract for supplying equip¬ the first sewage plant to be constructed in South Bend, In*. for —V. 180, p. 579. , ;;"V , - .. ' / ' • ...... , . , , outstanding 180, 486. p. CAPITALIZATION GIVING • First Warren Corp., Tulsa, Okla,—Registers With SEC— The corporation was organized in 1S49 under Nevada law due and, ' TO PRESENT Notes mortgage bonds, Oct. 1, Oct. 1, on stock series B, — demand to $11,000,000 Bethlehem Zotox 3'/8%, — 6,000,000 - The 6,000,000 SEC Western Companies—* (par $25) See Outstanding Sheet & Steel Corp., Tube Co.—Merger Disapproved above.—V. 178, p. 486. , at 8,000,000 952,471 shs. 952,471 shs. corporation covering $3 The Pharmacal per net on 100,000 share proceeds Sept. shares through are Co., Inc., Stamford, Conn.—Files— to 24 of filed a letter common Frederick be used H. for stock Hatch of notification (par & $li Co., working capital. ac¬ drilling In Net proceeds Southern of the Kansas present and Oklahoma." financing will be used in the amount $420,000 to retire all of the company's outstanding notes. The ing net proceeds, estimated at $580,000, will be available for chase and development of additional proven and unproven oil leases, and for the acquisition of additional mineral interests, and overriding common shares, of which Director. Upon the and royalties. sale issuance debenture of of The 99% the company is owned pur¬ and gas royalties outstanding 214,646 by O. F. Warren, President and 200,000 shares additional has now of remain¬ the shares the in subject of exchange notes, his jnterest will be reduced to this offering outstanding for 50.08%, Washington Natural Gas Co., Clarksburg, Va.—Files— A letter of notification 30,000 shares of at $1.37Vat common sharei per filed was stock to through for the account of Elizabeth D. West Indies Sugar with be the SEC offered Barrett at Herrick Hardman.—V, Corp.—New on the & Sept. 178, p, Inc., election Kirstein, Mr. Cuba Kilbourne and properties and the the has been Dominican locatad. are Domirican Officer.—V. York, 484. of Jr., Edwin who I. also director. a as covering (estimated New President— The corporation on Sept. 28 announced the Kilbourne as President, succeeding Arthur resigned 20 market Co., 174, He Vice-President Republic, will Republic well charge where continue as in as to the direct serve as of operations corporation's operations the .Chief in in sugar Cuba Executive 2460. p. West Virginia Water Service Co. Preferred Stock Offered—Allen & Co., New York, and Shea & Co., Inc., Boston, Mass., on Sept. 28 offered 2,000 shares of $5 pre¬ — ferred stock (no par) at $104 per share. PROCEEDS—The cost of the betterments 1954 to net proceeds construction the are to program company's water be for used to defray in extensions, part additions the and systems. EUS1NESS—The company, incorporated in West Virgin'a on Oct. 4, principally processes and supplies water to customers in the Char'eston, W. Va., and six adjacent communities in the Kanawha Valley and operates similar water systems in 15 other 1926, City of municipalities in the State of West Virginia, Your Dollars help h make possible the make possioie me AMERICAN-PRED CROSS with be to Inc., cording to the prospectus, "is engaged In acquiring both prospective and proven oil and gas properties through lease or otherwise, in the •exploration, drilling and development of such properties and in acquir¬ ing prospective and proven mineral and overriding royalty interests, also drilling for its own account and for others. To date all done has been , 2.95%, $11,000,000 bonds, 1984 Massachusetts Common series A, 1973 mortgage payable Youngstown FINANCING ' Authorized due This corporation on Sept. 27 filed a registration statement with the SEC covering 200,000 shares of its $1 par common stock, to be offered for public sale as "speculative securities" at a price of $5.25 per share. No underwriting is involved. ' EFFECT offers** New • ' ' York i* ' The Commercial and 58 Financial Chronicle... Monday, October 4, 1954 (1378) DEPARTMENT STATE AND CITY NEGOTIATIONS BOND PROPOSALS AND Sale Warrant capital offered specifi¬ cally directed the Secretary of the outlay school warrants 29—v. 180, p. 1151 awarded to Thornton, in leases Mohr & Farish, of Montgomery. Ala. on berg, of Birmingham, as 5s. Dated Sept. 15, 1954. Legality approved by Dumas, O'Neil & Hayes, of Birmingham. disputed area. April 26, 1954, dismissed the the the Secretary of the Interior to obey the Congressional mandate ex¬ plicit in the Submerged Lands Act ARIZONA cleared for way 8 callable are Yuma, Ariz. Francisco. kins, Per¬ will receive until 2 p.m. (MST) on City Recorder, sealed bids Nov. 3 the for purchase of in United of ment from The 1954. dated are July State County (P. O. Sacra¬ mento), Calif. " Sale —The in soil the under the Excelsior Wells Fargo Bank $!($0,000 building bonds offered SeM 28—v. 180, Principal and interest (J-J) are & Union Trust interest (P. O. 115 Broad St., Hartford), Conn. Bond Offering — Sealed bids will be received on Oct. 27 for County Treasurer's office. Legal¬ clusive. Principal payable (M-N) Treasurer's intere County and the at office. County Clerk, will receive sealed Legality bids his at office in until H a- m.(PST) on October 5 for the purchase of $194,000 building bonds. Dated Nov. 15, } 11954. Due on November 15 from 11955 to 1979 inclusive. Principal cisco. . ; „ . _ _ Lajon Valley Union Sch. Dist., San P'Z§? County, Calif « and interest Bond (M-N) payable at the j County Treasurer's office. Legal- 1970 inclusive. Principal and interest (M-N) payable at the County Treasurer's office. Legality approved by Orrick, Dahl- bids until 8 p.m. (PST) on Oct. 8 for the purchase of $25,000 fire house bonds. Dated Dec. 1, 1954 Due on Dec. 1 from 1955 to 1965 quist^ Herrington & Sutcliffe, of inclusive. Principal and interest (J-D) payable at the City Treas¬ San Francisco. urer's office. California (State of) Federal Payment Receives ^ Royalties—An agreement between the State Of California and Los Sacramento $22,041,994.66 when was a bepc. check The check, drawn on the Treas¬ sents royalties States,- repre¬ collected by the three-mile belt coast of California. County, Calif. Acting for Secretary of the In¬ Bond terior was win Douglas McKay, the check presented to Governor Good¬ J. Orme Knight California of Lewis, Assistant 5/ .Qe Department, who California on other ■. ... 1947 stipulation Offering—Jack G. Blue his office a.m. to on 1979 interest Oakland on 1953 when the s the 83rd Congress, Passed became by ; $730,000 build¬ 1254—were awarded to a syn¬ dicate headed by the Bank of America National Trust & Savings p. Francisco, as price of 101.68, a basis of San Association, a of about 2.58%. Other members of the syndicate: Co., Dean Witter & Co., Lynch, Pierce, Fenner & J. Barth & Co., Heller, Co., all of San Francisco, John Nuveen & Co., of Chicago, Bruce & Blake & Co., C. N. un¬ Nov! Dated November 15 15, from 1954 1955 both of Los Angeles, & Co, of Oak¬ White inclusive. (M-N) Principal anc payable at the ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, of law.1 San Francisco. Sulphur Springs Union Sch. Dist., Los Angeles County, Calif. Sale—The $5,000 building bonds offered Sept. 28—v. 180, p. 1254 — were awarded to the Bank & of America Savings Francisco, 100.22, a National Trust Association, of San as 31/2S. at a price of basis of about 3.42%. — purchase of $600,000 building bonds. school ' and Cook bids Sealed until Oct. 28. for be received County School , District No. (P. O. Skakie), III. 70y2 Sale—The $295,000 build¬ Bond ing bonds offered Sept. 27—v. 180, 1255—were awarded to William Julien Collins & p. Blair & Co., and The bonds will be dated Dec. 1, Co., both of Chicago, jointly, at a approved !as to legality price of 100.20, a net interest cost of about 2.64%, as follows: 1954 and by Storey, Thorndike, Palmer & Dodge, of Boston. . 1967 inclusive. $3,500,000 school — v. 180, p. ik,D4—were awarded to a group composed of White; Weld & Co., Blair & Co., Inc., both of New Bosworth & Co., Toledo, Alex. Brown & Sons, York of City, Baltimore, Baxter, Williams & City, Wachovia Bank & Trust Co., Winston Salem, Andrews & Wells, a Citv, as basis of of New York price of 106.20, a Illinois Sale Bond Locks (P. O. Windsor Locks), Conn. Bond school building 27 — September were awarded to a group a headed by the First Na¬ group Co., Inc., W. E. Huttom?& Co., Shearson, Hammill & C§^ Roosevelt & Cross, all of New* York City. Cooley & Co., of«Hartford, and Chas. Co., of New W. Seranton-i& Haven, 100.08, 1.90s, "It- a basis of |ftiout price as a of of 100.026, ibout 1.94%, County (Pf O. Decatur), Georgia 1965 Oct. forjttfe; purchase of seconcT lipc water reve¬ 5 $500,000 nue anticipation certificates. Dated Oct. 1, 1954. Due q©, April 1, from 1956 to 1983 inclustye. Certificates due in 1959 callable. and thereafter Princip(f|g and are interest afc&the First Na¬ tional Bank, of Atlanta, Decatur branch. Legality approved by (A-O) payable 1 on 1964 inclusive.5 to 1 %s. 1,035,000 Dec. Due IV2S. 1960 Due on to 1967 Dec. 1 inclusive. 3,350,000 2s. Due on Dec. 1 from 1968 to 1973 inclusive. Other members of the group: Co., Inc., of Chi¬ cago, Braun, Bosworth & Co., Inc., L. Fl Rothschild & Co., of New A. C. Allyn & York, Weeden & Co., of San Francisco, Baxter, Williams & Co., of Cleveland, R. Collins Julien S. Dickson & .Co., Co., Fairman, & Inc., all of Chit Heitner & Glynn, Newhard, Cook & Co., both of St. Louis, and the National Bank of & Co., Blewer, Decatur. Certificate Offering — Scott Candler, County Commissioner of Roads and Revenues, will receive sealed bids until IT■ a.m. (EST) as 1959 inclusive. 1955 to cago, GEOI^glA DeKalb interest cost "bf follows: \ net a $1,245,000 3s. Due on Dec. 1 from Harris 1.89%. price tional Bank of Chicago, at a com¬ posed of Harrimaif3Ripley & $7,030,000 building bonds offered Sept. 29180, p. 1048—were awarded to from high bonds offered v-» 180, p. 1254. Sale—The $1,547,000 * The — v. from Windsor Macon County, O. Decatur), 1,400,000 about 1.97%. (Pt Decatur School District No. 61 Inc., and Shelby Cuilom Davis & 2s, at . 1973 inclusive. 1968 to Braun, Co., Brown Bros. Harriman & Co., Freeman & Co., all of New York both * Due on Dec. 1 from 130,000 2%s. Sept. 28 offered bonds Due on Dec. 1 from $165,000 2%s. 1956 to Bond Sale—The on Bond the site 1955 to 1995 inclusive. Paine, Webber, Jackson & Curtis, of New York, Lawson, Levy & Williams, Kaiser & Co., Stone & Youngberg, all of San Francisco, Hill Richards & Co., Fred D. Offering Bond will inclusive. 1984 '1955 to ing bonds offered Sept. 28—v. 180, October purchase of $57,000 build- in ing bonds. Due in (PST) a^e revised several times was in County Treasurer's office. Legaleffect on May 22, Bond Sale—The Calif. land. lls for the " renewed ap¬ High School Dis¬ trict, Los Angeles County, and til departmental u»nes* The was South Bay Union bids at Secretary County (P. O. Evergreen Park), Illinois y.y,.. .. School District County High No. 231 1,000,000 water transmission and shop and yard.- improvement bonds. Due on Dec. 1 from Co., County Clerk, will receive sealed by the Beane, Mt. Eden School District, *Alameda off the interest cisco. Merrill leases in the marginal and Legality office. Cook 1,500,000 sewerage extension bonds. Due off Dec. 1 from Blue, G. proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ $112,000 build¬ ^ 315,000 2V2s. Due on Dec. 1 from 1961 to 1974 inclusive. /:,vO'y West Haven School District, Conn. Weeden & Rogers, Barbour, Smith & Co., of Los Angeles, as 314s, at a price of 100.33, a basis of about 3.21%. of the United at payable Treasurer's ing bonds offered Sept. 28—v. 180, p. 1254—were awarded to Gross, turned over to State for oil and gas Calif. Bond Sale—The the State. ury 4 (P. O. Los Angeles), Principal inclusive. 2%s, at Angeles County Water Works Z4 for Francisco. ' ^r,Federal Government made in District No. 1947 wa§ terminated in approved UiSp Her.rin§ton on Oil on Legality District, a.m. (M-N) a $60,000 3V2S. Due on Dec. 1 from 1956 to 1960 inclusive. $2,000,000 West Branch Water Supply bonds. Due on Dec. 1 from 1955 to 4994 inclusive Calif. Offering—Jack follows: as (PST) on October 5 for the purchase of $230,000 building bonds. Dated Nov. 15, 1954. Due on Nov. 15 from 1955 to 1979 II 180, Co., at purchase of $4,500,000 bonds, the County Clerk, will receive sealed bids at his office in Oakland until Bond Offering R. B. James, ity approved by Orrick, Dahlquist, County Clerk, will receive seated Herrington & Sutcliffe, of San bids at his office in San Diego, Francisco until 10:30'a.m. (PST) on Oct. 5 Jackson, Calif. for the purchase of $410,000 Bond Offering — Grace Tallon, building bonds. Dated Nov. 15, 1954. Due on Nov. 15 from 1955 City Clerk, will receive sealed to School Lorenzo Alameda County, ap- proved by Orrick, Dahlquist, Hdrrington & Sutcliffe, of San Fran_ San "Oakland park v. follows: as trict 1974 in¬ 1955 to from 15 net Metropolitan Dis¬ Hartford County " Nov. — were awarded to the Trust Co., and William & jointly, > 29 Sept. both of Chicago, price of 100.006, a interest cost of about 2.55%, Blair CONNECTICUT dated Oct. 1, 1954. payable at the City Treasurer's p. 1254—were awarded to a group ity approved by Orrick, Dahl¬ office; the First National Bank of composed of the Bank of America quist, Herrington & Sutcliffe, of Arizona, in Phoenix, or at the Na- National Trust & Savings Associa- San Francisco. tional City Bank of New York, tion, San Francisco, John Nuveen Sacramento City Unified School Legality approved by Gust, & Co., Chicago, Merrill Lynch, District, Sacramento County, Rosenfeld, Divelbess & Robinette, Pierce, Fenner & Beane, New California of Phoenix. York City, J. Barth & Co., LawNote Sale —The $2,750,000 tax son, Levy & Williams, Kaiser & CALIFORNIA Co., Stone & Youngberg, all of anticipation notes offered Sept. 29 were awarded to a group com¬ San Francisco, Hill Richards & Alameda Unified School District, Co., Fred D. Blake & Co., both of posed of the Bank of America Na¬ Alameda County, Calif. tional Trust & Savingsr Associa¬ "Bond Offering—Jack G. Blue, Los Angeles, and C. N. White & tion, American Trust Co., Anglo County Clerk, will receive sealed Co.,. of Oakland, as 2%s, at a price California National Bank, and the bids at his office in Oakland, until of 101.68, a basis of about 2.54%.Wells Fargo Bank & Union Trust 11 a.m. (PST) on Oct. 5 for the Co., all of San Francisco, at 0.91% purchase of $380,000 building Hoytyard School District, Alameda interest. Dated Oct. / 1, 1954 and \ County, Calif. bonds. Dated Nov. 15, 1954. Due due on Dec. 27, 1954. Bond Offering—Jack G. Blue, on Chicago. i . — Northern or the to $375,000 Sale—The offered 1151 p. at any otythe County's fiscal agencies in New York City or sold was Savings Bank, of & . Bond 1,1954. ///.; County, Park Ridge Park District, III. ? Cook from 1 K $270,000 Chicago. Principal and interest (M-N) pay¬ able at the County Treasurer's office, bonds Trust bonds 17, 1954. Principal payable at the Dec. on 1 1974 inclusive. on Tiskilwa), O. (P. - The notes Due Harris School Dis- Nov. Due The bonds are dated Nov. Co., all of San Francisco, at 0.91% interest.. : •: 0, '.. .y ;\ >;■ ■ v" and Dist. inclusive. 1955 to com¬ American Trust Co., Anglo Nov. on 1974 to bonds. California National Bank, and the Union Sale—The Bond group posed of the Bank of America Na¬ tional Trust & Savings Associa¬ High School Dis¬ trict, Los Angeles County, Calif. 1, a 1955 1,255,000 Union High $2,400,000 tax to awarded Due bonds. trict y Bond Sale—An issue of building Elementary School Dis¬ from anticipation notes offered Sept. 29 tion, Oct. 5 for on follows: as Sacramento were (PST) a.m. ILLINOIS County, Tiskilwa Unit Sch. Bureau ^ . 1969 inclusive. 1956 to bonds the not the belt. water improve¬ on July 1 sewer bonds. Due and that had California sources 1969 inclusive. 1956 to storm held paramount rights and power over the re¬ $1,425,000 sanitary sewer and ex¬ tension bonds. Due on July 1 from States States United the Court Supreme $1,- 605,000 bonds, as follows: 180,000 after 1947 9 $400,000 Note Accumulation of the fund began Offering—Harold J. Ostly, purchase of $1,655,000 bonds, the Due on 1, 1954. Aug. 1 from 1957 to 1980 inclusive. County Clerk, will receive sealed bids at his office in-Los Angeles, until Dated Aug. ness. Angeles County, Calif. Bond The city until bids 11 a.m. (EST) on Oct. 5 for the purchase of $155,000 natural gas revenue certificates of indebted¬ Districts, Los Whittier School 1959. 1, — sealed receive will Co, of San Francisco, as 2V2S, at a price of 100.58, a basis of about 2.41%. ^ & thereafter Sept. of as Ga. Offering Certificate 1254—were awarded to Weeden & Troutman Wrens, bonds offered Sept. 28—v. 180, ng o. tion, San Francisco. Legality approved by Orrick,- Dahlquist, Herrington & Sutcliffe, of San stipulation. Offering—Linwood sealed Principal and interest (M-S) pay¬ able at the Bank of America Na¬ tional Trust & Savings Associa¬ and to fulfill the terms of the 1947 Bond Bond Sale—The $148,000 p.m. Bonds due in 1960 and Submerged Lands Act suits. This until Spalding, Sibley, Kelley, of Atlanta. Los District, School Angeles County, Calif. build- Roy, De receive will Clerk, - bids law, several States brought suit attacking its consti¬ tutionality. The Supreme Court, general obligation warrants sold to Odess, Martin & Herz- was City became Warrant Sale—An issue of $14,500 provisions the After the Morris, Offering—John Bond Covina West Richmond, Calif. the (PST) on Oct. 11 for the purchase of $540,000 off-street parking revenue bonds. Interior to turn over to the States Dated Sept. 1, 1954. Due on Sept. all royalties paid on oil and gas I from 1955 to 1979 inclusive. its of One $375,000 Sept. were — The — settled definitely question of ownership of the sub¬ merged lands off California. O. Athens), Limestone County (P. Alabama law This ALABAMA Jerseyville, Bond works v. 180, III. Sale-^-The bonds p. $200,000 water offered Sept. 28— 1255—were awarded to Bank, the Harris Trust & Savings Chicago, and Reinholdt & Gard¬ of St. Louis, jointly, at a price 100.14, a net interest cost of about 2.13%, as follows: ner, of $123,000 2s. 1956 to Due on Jan. 1 1967 inclusive. 77,000 21/4s. Due on Jan. 1968 to 1974 inclusive. from 1 from Volume 180 Number 5365 . The Commercial and Financial Chronicle . (1379) Marseilles, III. , Bond Sale—An issue of $20,000 fire bonds was sold to the Union National Bank, Bond Illinois Secretary of the Board Education, will receive 7:30 for the purchase of ing bonds. Jan. on Oct. on from 1956 Louis. to 1974 in¬ ' Pekin Bond receive sealed L. — District about 1.69%. O. will 4 — The awarded p.m. l%s, at as basis of price of 100.23, a a of about 1.59%. group office. Legality approved by Chapman & Cutler, of Chicago. Offering—Mary Elizabeth Brush, Village Clerk, will receive (CST) bonds. garage Due Dated Dec. 1 from on inclusive. Principal and interest payable at any suit¬ able bank or trust in company Illinois as may be designated by the successful bidder. Legality ap¬ proved by Chapman & Cutler, of Chicago. Winnebago County School District No. 140 Box Bond ing (P. 447, 180, No. syndicates: C. J. Devine & Co., Merrill Lynch, Pierce, Fenner & Beane,' First of Michigan Corpo¬ ration, Francis I. du Pont & Co., E. F. Hutton & Co., Brown Bros. Harriman & Co., all of New York, Field, Richards & Co., of Cleve¬ land, Bache & Co., Laidlaw & Co., R. L. Day & Co., all of New York, Fidelity Union Trust Co., of Newark, and Gregory & Son, Inc., New of 2, York. 1151, were awarded to the White-Phillips Co., Inc., of Davenport, as l%s, at a price of 100.07, a basis of about 1.73%. Bond Sale — The First Nashua State Bank has purchased $30,000 bonds,' including $20,000 sewer system and $10,000 water system revenue. Bond water County (P. O. Muncie), Indiana Bond Sale—The $180,000 coun¬ ty jail building bonds offered Sept. 27—v. 180, p. 1255—were awarded to & ,son at a Paine, Webber, JackCurtis, of Chicago, as 13/4S, price of 100.22, a basis of about 1.32%. East Bond Gary, Ind. revenue refunding and im¬ provement bonds offered Sept. 28 —v. 180, p. 1151—were awarded to the Lakeside Securities system Chicago, New Durham Township LaPorte), Ind. (P. O. bids Oct, on until 16 for 1:30 (CST) p.m. the purchase $153,800 bonds, divided as of follows: $76,900 School Township bonds. semi-annually from July 1, 1955 to July 1, 1967 incl. Due 76,900 . Civil Due Township 1954^ bonds. semi-annually from July 1, 1955 to Jan. 1, The bonds $169,000 2s. Nov. 1955 works bonds 180, water offered 1048—were p. awarded to the City Securities Corp., Indianapolis, as 2%s, at a price of 100.94, a basis of about works — awarded to 180, the bonds p. price of 100.608, 1151 City 3.07%. a ing Commission (P. O. Frankfort), Kentucky Bond Offering Executive mission, until W. — Director — were H. Wei- p.m. 1955 due in callable to 1973 1965 of as the Com¬ will receive sealed 10 a.m.* (CST) "on bids Oct. 19 $850,000 State Building and site revenue Office bonds. Dated Jan. on (J-J) Oct. from 1 clusive. 1, 1957 Principal payable 1954. to Securities as 3Vss, at basis of about ^ obligation 21-—v. Jan. on 1 from the fort, p. ed to Scharff & leans. Co., New Bond Cutler, of ings Commission (P. O. Frank- fort), Ky. ' ; Offering & Jones, of the Director The $875,000 per¬ improvement bohds of¬ fered Sept. 28—v. 180, p. 1256— — manent awarded were of to a Phelps, Stone & Webster both of New group com¬ Fenn1 & Co., Securities Corp., ^orl^/City, fin & Burr, of Boston, price of 100.47, 1.64%. a and Cof¬ 1.70s, at as basis of •about a will receive (CST) a.m. purchase of as Oct. 19 for on $6,500,000 State whole of July 1, 1958, and as a for refunding purposes on est Principal and inter¬ LOUISIANA bids Hubert 10 dormitory a.m. bonds, revenue as fol¬ lows: Offering Clerk, until for Dec. — will Housing Authority, Offering Vahey, s. receive at will the office the of Housing Board, 90 Tremont St.,1 Boston, until noon (DST) on Oct. 6 for the purchase of $718,1, 1954 and Oct. 25, 1955.1 on Dated Oct. Fort_Hays Kansas State College bonds. 1956 Due 1975 to University Due 1956 to 1976 bonds on on Nov. 1 inclusive. of Kansas Nov. 1 from to * Irma Tisdale, receive sealed 10 J-D. Cox Due 1966 Dec. on inclusive. 1 from Interest Legality approved by Foley, Judell, of New Orleans. & Iberville Parish (P. O. dated and school 180, 1256—were p. to of Note 1, natural utility gas Wards $600,000 revenue 1, 2, 6, 7, 8 and 9 to a Leo — Chairman, at F. will office the Mc¬ receive the of Omaha. The 1957 to and due bonds will Due on 1965 and Orleans. Chapman & Benton Housing bear 3% are call¬ approved by Cutler, of Chicago, Moseley, of Baton & Authority, Offering sealed bids will the at of receive office the of Housing Board, 90 Tremont St., Bqston, until noon (DST) on Oct. 6 for the purchase of $668,notes. Dated and due April 24, on Oct. 21, 1956. — T. R. Alcock & Co., of Boston, as price of 100.14, a basis of about 1.35%. 1.40s, at South a Dennis, Dennis Water Dist., Massachusetts Note Sale—The offered notes awarded to 100.05, The $44,000 Sept.- 29 water were as consisted of: $33,000 water bonds. Due from 1955 to 1969 Parish (P. O. Gretna), Louisiana Certificate from The Oct. 1 Offering—Frank J. 1954. Police of Boston, cal bids until 1 p.m. / (CST) on Oct. Bank dated are at of Oct. 1 Oct. Principal and interest able Secretary of the Parish Jury, will receive sealed on the or to in¬ 1964 Worcester County (P. O. cester), Mass. Note Sale offered the — Wor¬ The $200,000 notes Sept. 27 awarded to were Day Trust Co., of Boston, 0.28% at discount. Vista MICHIGAN Twp. Sch. Dist. No. 6 Saginaw), Michl Bond Sale—The $180,000 build¬ (P. ing O. bonds offered Sept. awarded Corp., First National 1, pay¬ Bank at the First National Yarmouth. Detroit, bonds 1954. Due were on Michigan 3V2S. as dated are thereafter 1,' Sept. Oct. 1 from 1968 inclusive. and 22 the First of to of The 1955 to Bonds due in 1959 are callable of as Principal and inter¬ est (A-O) payable at a~bank or trust company to be designated by the purchaser. Legality approved by Miller. Canfield, Paddock & Stone, of Detroit. Casco Township School District No. 7 (P. O. R. R. No. 2, South Haven), Bond Offering Mich. Director, A. receive William — will (EST) bids until 8 p.m. on Oct. 7 for the purchase of $17,000 building bonds. Dated Nov. 1, 1954. Due on May 1 from school 1955 to 1968 inclusive. in and 1961 Bonds due thereafter are call¬ May 1, 1957. Principal and interest (M-N) payable at a able of as bank or trust company to approved bv Moorman, of Berry, Detroit. be des¬ Stevens & Dearborn Mich. Bond Sale—The assessment paving 28—v. 180, awarded to $122,000 special bonds offered p. 1256—were McDonald-Moore & Co., of Detroit, at a price of 100.05, a net interest cost of about 1.86%, 1955 to 1959 inclusive. bonds 1955 Principal and interest payable at the First National Bank of Boston. Legality ap¬ proved by St or eyr Thorndike, Palmer & Dodge, of Boston. Sept. on inclusive. ^ Jefferson from 1 ignated by the purchaser. Legality 2s, at a price basis of about 1.99%. a sale Oct. 5 on clusive. Townsend, Dabney & Tyson, of Boston, of Nov. on sealed The $80,000 street offered Sept. 28— 1256—werea warded to 180, p. (DST) a.m. purchase of $125,000 sewer bonds. Dated Nov. 1, 1954. Due Johnston, bonds paving v. 11:30 for the 1954 Peabody, Mass. i Bond Sale Deemer, Legality T. Charles — Chairman, State Bonds due thereafter Legality Note Wright, re¬ Oct. 1,1958. Massachusetts July 1 from 1984 inclusive. Oct. 25, 1955. on Marblehead were able at of July 1, 1964. Principal and interest payable at the Na¬ tional Bank of Commerce, of New and Housing Board, 90 Tremont Boston, until 11 a.m. (EST) on Oct. 6 for the purchase of $2,950,000 notes. Dated Oct. 21, 1954 bonds composed of group Arnold & Crane, of New Orleans, Wachob-Bender Corp., and the Robert E. Schweser Co., both of 1961 as until Authority, Mass. Offering bids will Bank of Boston, Municipal Division, 45 Milk Street, Boston, City, as 2.20s, 100.17, a basis of Lowell Housing Carthy, Prin¬ York of about 2.18%. sealed Merchants Treasurer, Buena New price a Boston. eiiesley, Mass. Offering — Arthur K. Town a composed of F. S. Moseley Co., New York City, R. L. Day & Co., Boston, W. E. Hutton & Co., and Lee Higginson Corp., both the of Bank cipal and interest payable at the Day Trust Company, of .Boston. $1,000,000 Sept. 30—v. awarded & at 1, Principal and in¬ at payable National group Nov^cl, 1960. Principal and in¬ terest payable at the State's Fis¬ Topeka. The — offered 11,000 water bonds. Due Nov. those maturing in thereafter are callable Agency in Sale bonds 000 Plaquemine), La. Bond Sale—An issue of Rouge. inclusive. are Ashland, Mass. Bond inclusive. 1974 terest Oct. dated are Oct. 1 from 1955 to on tional Joseph — Chairman, bids 000 notes. bonds Due 1954. ceive sealed bids at the First Na¬ Massachusetts Note the 1, 1954. 1956 in The — Bond St., a.m. (CST) on Oct. purchase of $129,000 public improvement bonds. Dated 28 and Regents of Kansas (P. O. Topeka), Kan. Sale The $155,000 li¬ brary bonds offered Sept. 30 were awarded to T. R. Alcock & Co., of Boston, as 13/4S, at a price of 100.29, a basis of about 1.71%. payable at the Chemical Bank Co^ New York City, or at the Kentucky Trust Co., Louis¬ ville. Legality approved by Chap¬ man & Cutler, of Chicago. of Boston. Legality approved by Storey, Thorndike,Palmer & Dodge, of Boston. •.< Wells, Arlington & Trust awarded — bids Fair and Exposition Center reve¬ nue bonds. Dated July 1, 1954. Due on July 1, 1994. Callable in Principal and interest the Town Treasurer's Offering sealed 'of MASSACHUSETTS Com¬ bonds are dated Sept. 15, Principal and interest pay¬ Watertown, Mass. Portlarid, Me. Judy, the of T. The Bond MARYLAND Sale Sept. on 15 from 1955 to 1974 inclusive. able at the Second National Bank $30,000 gas Sept. 27 were awarded to Scharff New Orleans. due ' W. — inclusive. 1954. The — offered sealed Kentucky State Property and Build¬ sealed bids at the 30,000 school bonds. Due Jones, of New Or¬ State Chicago. Frank J. Mc- — Manus, Jr., Town Treasurer, will $70,000 general Joseph, La. Sale bonds by City. Le¬ Chapman & Topsfield, Mass. Bond Offering $80,000 school project bonds. Due on Sept. 15 from 1955 to 1974 ... York approved 1.81%. ; St. Farmers Co., Frank¬ the Chemical Bank & at or about receive bonds offered Sept. 1152—were award¬ gas 180, in¬ July 1, 1954. and 1975 Bond Sale—The interest and at & Hutzler, and Noyes & Co., both of New York City, jointly, as 1.90s, at a price of 100.71, a basis of Second Principal Bank of Boston, 111 (J-J) payable at any National bank to be designated by the suc¬ Franklin St., Boston, until 11 a.m. cessful bidder... Legality approved (DST) on Oct. 6 for the purchase by Chapman & Cutler, of Chicago. of $111,000 bonds, as follows: Due 1961 Bros. and interest Bank & Capital Trust Nov. (CST) on Oct. for the purchase of $1,150,000 1954 inclusive. Juddy, posed T. of for the purchase of at until The Due to Bond bids $250,000 1, 1955. 1956 . Kentucky State Property and Build¬ Salomon Hemphill, p.m. Trust interest through July 1, 1957, and at 5% interest thereafter. Dated sew¬ offered forp., of Indianapolis, a are Bond 15 of Jan. Co., New York City. Legality ap¬ proved by Chapman & Cutler, of Chicago... Bond purifying Oct. 1, 1954. from bonds. $432,000 revenue v. Prin¬ & Ferriday, La. Legality approved by Chapman & Cutler, of Chicago. Board of Bank 3 State bffice. 900,000 Sept. 24 1 Bonds 1964. Rochester, Ind. age from and Dated Nov. thereafter 1,: 7:30 outlet bonds. from Sale—The Chemical Nov. 1 from on Offering—Fred inclusive. 2.17%., Bond the at Town payable 1964. 1, cipal and interest (A-O) payable inclusive. bids until on Oct. until school project bonds offered Sept. 28— v. 180, p. 1257—were awarded to Oct. 19 for the purchase $280,000 hospital bonds. Dated a.m. Brighton, Secretary of the Board Regents, will receive sealed $99,000 revenue 29—v. 1 of Portland, Ind. Sept. 1973 to sewer plant of as inclusive. Due Nov. (CST) Oct. 4 for the purchase of $25,- Due J-J. Legality ap¬ by Ross. McCord, Ice & Miller, of Indianapolis. Sale—The on KANSAS 1, Interest Bond follows: as rather, Town Clerk, will receive 000 11 re¬ Oct. 8 for the purchase on callable Winfield, Iowa on will until bids Stoneham, Mass. Bond Sale—The $380,000 on Newellton, La." $2,000,000 water revenue bonds. Dated Oct. 1, 1954. Due on 0fct. 1 from 1957 to 1994 inclusive^ Bonds due in 1965 and thereafter are July 1, I960. 1968 to 1969 proved •* to 2.49%. Due 81,000 2y4s. 1968 incl. dated are (CST) bids (CST) 1 of sold was Co., of Sioux Falls, sealed Bond Offering —Earl H. Reed, Township Trustee, will receive sealed sealed until 10 Bond Sale—The $250,000 build¬ ing bonds offered Sept. 21—v. 180, p. 1048—were awarded to Gefke Bond callable are District Secretary, ceive mission, Rapids Independent School 3%s. as bonds about Corp., of in¬ Bond Offering—Theodore Hageman, $39,000 issue of District, la. *works bonds 1984 County Water Dist. No. (P. O. Covington), Ky. part & Sale—The $205,000 water Sale—An of to Kenton Executive the White-Phillips Co., Inc., of Davenport, as 2V4S and 2%s, at price of 100.005, a net interest Rock purchase of $68,823.92 paving certificates. J a cost for the sealed 1957 1, 1964. Legality ap¬ proved by Chapman & Cutler, of Chicago, and NeSmith, Fugate & McMaster, of Wichita. Bond INDIANA from 1 The Dec. gality Orleans, la. Delaware of Trust Nashua, Iowa $83,000 build¬ September 24 offered p. R. Other members of the combined Rockford), III. Sale—The bonds —v. O. R. Trust Co., and the American Corp., both of New York City, on a bid of 100.26, for l?/8s, a basis of about 1.85%. on Oct. 5 for the purchase of $95,000 municipal syndicates Securities Bond Nov. 1, 1954. 1955 to 1967 rep¬ headed, re¬ spectively, by the Chemical Bank & Wilmette, III. sealed bids until 8 p.m. resenting June on KENTUCKY $125,000 municipal golf course general obligation bonds.- Des Moines Indep- Sch. DistIowa Dated Oct. 15, 1954. Due on Oct. 'Bond S-ale —The $2,500,000 15 from 1955 to 1964 inclusive. building bonds offered Sept. 30— Principal and interest (A-O) V; 180, p. 1151—were sold at auc¬ payable at the District Treas¬ tion to a consolidated urer's . ' follows: as bonds to the White- sewer Phillips Co., Inc., of Daven¬ port, as l%s, at a price of 100.78, a basis of about 1.65%. 30,000 street improvement bonds y to Quail & Co., of Davenport, Staut- until 1 $70,000 bonds offered Sept. 27—v. 180, p. 1255— were . Municipal University of Wichita LaFourche Parish Hospital Service (P. O. Wichita), Kan. District No. 1 (P. O. Golden Bond Offering—Sealed bids will Meadows), La. be received until 7:30 p.m. (CST) Bond Offering — Mrs. Joseph on Oct. 11 for the purchase of Leonard, Jr., Secretary of the $500,000 field house revenue Board of Commissioners, will re¬ bonds. Dated Oct. 1, 1954. Due ceive as Burlington, Iowa Bond Sale $40,000 street clusive. r, III. Secretary, bids & IOWA October 5 for the pur¬ on chase District, Offering hammer, (CST) Park the to and the In¬ Share Corp., Indianapolis, jointly, as l%s, at a price of 100.31, a basis $500,000 build¬ Legality approved by & Trauernicht, of St. Charles Co., of 6 Dated Oct. 1, 1954. Due 1 clusive. Trust dianapolis JBopd of 13 lan, of Topeka. , awarded were — Fletcher sealed bids (CST) p.m. of Sale—The $200,000 build¬ 1151 p. approved by Dean, Dean & Quin- Indiana, ing bonds offered Sept 24—v. 180, both Bond Offering—Charles F. Mil¬ until 1 of Marseilles. McDonough, Fulton and Schuyler Counties Community Unit School District No. 165 (P. O. Industry), ler, Washington Twp. Sch. Twp. (P. O. 654 East 49th St., Indianapolis), *59 as follows: $14,000 District No. 496 bonds: $9,500 2s, due on Aug. 1 from 1955 to 1961 inclusive; and $4,500 from 13/4s, 1962 to due 1964 on Aug. inclusive. 1 60 (A-O) payable at the City Treas¬ office. Legality approved (P. O. Waconia), Minn. $25,000 2s, due on Aug. 1 from Bond Offering — Arthur R. refunding bonds was sold to L. E. by Pershing, Bosworth, Dick & 1955 to 1961 inclusive; and Dawson, of Denver. $12,000 l%s, due on Aug. 1 Laufenburger, District Clerk, will Bennett, of Ripley, as 3%s, at District 87,000 Carver bonds: 531 No. No. *) from District 19,000 1955 1 %s, due 1 Aug. on 1964 inclusive 1962 to from chase on 1961 to $6,000 (CST) on Oct. 7 for the pur¬ of $325,000 building bonds. Dated Aug. 1, 1954. Due on Feb. 1 from 1957 to 1984 inclusive. Bonds due in 1975 and thereafter . Feb. 1, 1974. Principal and interest payable at any suitable bank to be desig¬ nated by the successful bidder. Legality approved by Dorsey, Colman, Barker Scott & Barber, / , J V due 1 Aug. on , from 1962 to 1964 inclusive. 14,000 District No. 587 bonds: v . l%s, $7,500 1 ■„ 1 %s, $4,500 Dearborn on Aug. inclusive. due 1964 1962 to (P. Township v, to Bond Sale—The 1 O. Ink• Co., McDonald-Moore and City par, a net interest cost of 2.76%, as follows: ' price of & about , r $400,000 2.70s. Due on Feb. 1 from 1957 inclusive. 1972 to 1984 inclusive. 1973 to Other receive sealed Mds until 7:30 p.m. (EST) on Oct. 20 Tor the purchase of $2,700,000 water supply system revenue will and the White-Phil¬ lips Co., Inc., of Davenport, at a price of 100.06, a net interest cost of about 2.60%, as follows: $445,000 2!4s. Due 1957 1970 group: Oct. 1 from on Oct. 1 from on inclusive. 1975 to 555,000 2%s. Due > Oct. 1 from on 1984 inclusive. to Jefferson Reorganized County School District No. 5 Sale—An Bond of issue 1974 terest M-S. In¬ inclusive. Legality approved by & of Trauernicht, St. Louis. Minne¬ MONTANA apolis, -First National Bank, of 3t. Paul, Allison-Williams Co., J. Dawson County School District M. Dain & Co., Piper, Jaffray & No. 36 (P. O. Lindsay), Mont. bonds. Dated Oct. 1, 1954. Due Hopwood, all Of Minneapolis, Bond Offering — Oliver Lab, <m Oct. 1 from 1957 to 1985 inHannheimer-Egan, Inc., Caldwell, Clerk of the Board of Trustees, •cltisive. Bonds due in 1958 and Phillips Co., Harold E. Wood & will receive sealed bids until thereafter are callable as of July :o., and Shaughnessy & Co., all 2 p.m. (MST) on Oct. 14 for the 1, 1957. Principal and interest of St. Paul. purchase of $29,700 building (J-J) payable at a bank or trust bonds. Dated July 1, 1954. In¬ Redwood Falls, Minn. company to be designated by the Bond Offering — P. R. Byram, terest J-J. .successful bidder. Legality ap¬ proved by Stevens Berry, receive sealed bids until 8 p.m. (CST) on Oct. 5 :or the purchase of $60,000 water vorks bonds. Dated Nov. 1, 1954. Fity & Moorman, of Detroit. Jackson Township, Farmersville Local School District (P. O. Farmersville), Bond Due Mich. ;ayable Clerk of the Board of Education, will, receive sealed bids until j*oon (EST) on Oct. 7 for the pur¬ chase of $250,000 building bonds. 15 from 15, 1954. 1956 Due 1978 to able t-he at Linwood Bond . to Adams Bond 957—were p. Kenower, l.m. Detroit, Owosso, Bond awarded $170,000 storm bonds offered Sept. 21— 180, p. 1152—were awarded to Halsey, Stuart & Co., of Chicago, at a price of 100.03, a net interest sewer v. £30,000 2y4s. Due and as follows: Oct. on 1, 1955 Oct. 1 1956. 140,000 2Vzs. Due on Clerk, until bids Oct. 4 for the 10 pur¬ bonds No. 3 from $7,000 road Aug. 17 were Bank to. the Mountain, par. The — offered bonds of to 1964 Due 5s. Ashland, as 3s, at 4V2s. County 43/4s. The bonds purchase of Oct. $200,000 for No. 2 were Bond Bond Offering—Joseph F. John, Clerk, will receive sealed bids until 8 p.m. (CST) on Oct. 8 purchase of $150,000 gen¬ obligation hospital bonds. Cor the eral Dated from 1956 able and Oct. of as 1, 1954. Due to 1984 inclusive. Jan. 1, 1956. interest payable banking nated by on at Jan. 1 Call¬ Princinal a suitable institution to be desig¬ the successful bidder. Legality approved by Dorsey, ColBarker, Scott & Barber, of Minneapolis. man, bonds works bonds Interest by approved was sold to F-A. to of Charles & Dated Oct. from 1956 Oifering—J. K. Hurdle, bids unt.l 10 re¬ bonds are Palmer Thorndike, Dodge, & 01 1974 inclusive. The' Oct. after 1, Wrensch, Bond Offering—Carl H. of Edu¬ receive sealed bids until 8 p.m. (EST) on Oct. 14 for the purchase of $990,000 building Board will cation, bonds. Dated June on the of Secretary Principal a.m. bids Clerk, until (J-D) payable at the Citizens Na¬ Bank & Trust Co., Cald¬ ment bonds. thereafter to 1964 10 a.m. on Oct. inclusive. 1, 1961. Dated 1 from Bonds are due Oct. 1, 1955 in callable to 1965 as Principal ' and 1954. 1974 and This is disclosures in 1954 edition Statistics of New among included in the data "Financial of pub¬ Government" Local Jersey the New Jersey Tax¬ payers Association. This presents on a comparative basis detailed statistics for each of the State's lished by 549 school dis¬ 567 municipalities, tricts The counties. 21 and municipality- and valuations sessed for presents taxable publication each as¬ property levies local It shows how being shared are year* by the county, the school and the municipal govern¬ division The ments. the of gen¬ property tax levy, statewide, eral follows: $190,756,880 225,914,106 Municipal Schools County 92,970,804 Total $509,641,790 MunicijM Sept. 28 — service $32,594,485. School 1153—were awarded to expenditures for the J. B. Hanauer & Co., of Newark, 1952-53 school year (the latest system bonds offered 180, p. 2.10s, as at price a 100.14, of a basis of about 2.07%. School Rock from 1 clusive. N. payable (A-O) 1954. 1, 1955 J. Due 1983 to in¬ and Principal interest the Citizens at & Trust Co., First National Bank Ridgewood, or at a bank in New York City to be designated by the successful bidder. Legality ap¬ & Sale—The Bond $52,000 water Sept. 29—v. 180, p. Co., Washington, as price of par. * a Bond sealed on until 11 receive (EST) a.m. Oct. 6 for the purchase of $1,- 350,000 school Dated Oct. bonds. Due on Oct. 1 from 1955 1974 inclusive. Principal and (A-O) payable Legality the at approved by Sullivan, Donovan, Heenehan Hanrahan, of New York City. Madison in? v. a School District, bonds 180, & p. group offered composed Co., & Sept. interest Ryan, Hanauer of 28 B.; J. New iYork & Co., expenditures debt of of service ex¬ Municipal tures expendi¬ $133,091,270, operating school operations expendi¬ the for totaled and $46,659,768 $17,897,073. tures for 1946 totaled while school year 1945-46 $102,089,109. Capital in debt totaled 1953 $326,048,200 for municipal pur¬ poses and $275,633,800 for school purposes. Delinquent taxes and liens Dec. of as 1953, 31, aggre¬ gated $59,659,601. local municipality 1954, as tax in well as ment 1946, of cent of taxes Resident enroll¬ shown for Types is district. each 1953 and rate per collected in 1953. the include data property and listed for County - each school number of each county. compila¬ government tions, published separately in previous years, have been in¬ cluded in the one publication this It year. wiR pointed out that this was nrovide handier a source of reference material for county and government budget studies both officials and taxpayers. local by Given bers free and ficials N. J. to a Association large who reference list mem¬ of state, also use available Van City, Newark, nominal it as a standard work, the publication is — 1153—were awarded to Ingen are operating county, municipal and school of¬ Sale—The $650,000 build- Bond included penditures of $196,676,241, capital are C. Ma- will Clerk, bids figures $261,233,082. totaled municipalities and school districts J. Offering—Arthur City lone, total Other Trust 2y4s, at This local Hackettstown, N. J. bonds offered official which for available) District, Oct. Dated Oct. on Oct. of as year expenditures last well. Legality approved by Haw¬ year aggregated $322,590,648. Of kins, Delafield & Wood, of New this operating expenditures con¬ York City. sumed $229,355,350. Expenditures for capital improvements took an Fair Lawn, N. J. additional Bond Sale—The $58,000 sewer $60,640,813 and debt 19 for the purchase of $233,000 general obligation sewer improve¬ Due 1955 will with million $243 school current interest and tional Hoboken. Mills, receive sealed (PST) on Oct. Betty for the compared nearly $249 million for the than more 1, 1954. Due 1956 to 1983 in¬ Hudson County National Bank, of City Local Latest Statistical Data on Units—Operating budgets of New June from 1 clusive. interest NEVADA — City. Jersey (State of) this Caldwell School District, N. J. to Offering Legality approved by I>elafield & Wood, of New the 1, 1954. Due from Omaha. Due on Oct. 1 callable the at National Bank of At¬ 1946, 1953 and 1954. NEW JERSEY $217,000 of 1, 1954. payable (A-O) interest taxes levied for each of the years Boston. Hoboken, N. 1959. Oct. 5 for the purchase of $l5,0C0 road and bridge bonds. on inclusive. of Bos¬ Legality approved by Storey, ton. sold to Kirk- was Co., to 74 Fallon, Nev. County Chancery Clerk, will serially Shawmut Bank National the Butte. Trauer- County Supervisor's Dist. (P. O. Holly Springs), Miss. sealed Prin¬ 1153—were awarded to the Wash¬ Bond Sale—An issue of Legality Marshall (CST) Bank, County Sch. Dist. No. (P. O. Basset), Neb. Bond ceive inclusive. from 1955 to 1966 cipal and interest payable at the ington Rock aicht, of St. Louis. Bond until noon (DST) on Oct. 5 for the purchase of $60,000 water works bonds. Dated Oct. 1, 1954. Due on Oct. 1 St., Boston, proved by Hawkins, Delafield Wood, of New York City. NEBRASKA patriok-Pettis Co., of Hazlehurst, as 3.y2s. Dated Aug. 10, 1954. Due an Aug. 10 from 1955 to 1967 in¬ clusive. Water 40 $140,000 sold was National building bonds & No. 4 1954. Bond Sale—An issue of of Memphis. Sale—An issue of $18,500 Allen City $125,000 high¬ offered awarded to the bonds Liberty, Miss. water Browerville, Minn. 1, Sale—The construction the x July County High Sch. District (P. O. Clyde Park), Mont. Miners County (P. O. Meadville), Mississippi 29 Trust Dept., mut Bank of Boston, bonds. (MST) on Oct. 23 for purchase of $26,000 building Dated 1978 Boardwalk S. Mayor, will receive sealed bids at the National Shaw¬ Charpentier, 1, until 2 p.m. Park Due on Oct. 1 from 1955 inclusive. Principal and 1, 1954. to municipalities. Somersworth, N. H. Bond Offering — Edward Glen Aug. Offering—Mary E. RumClerk of the Board of ley, Dated Oct. $233J)00 water bonds. of Boston, as 2.10s, at a Jersey's school districts this year of 100.52, a basis of about climbed to within $6 million of the operating budgets of the The bonds are dated Oct. 1,1954. State's municipalities. Due on Oct. 1 from 1955 to 1971 These appropriations for the inclusive. Principal and interest day - to - day operating expendi¬ payable at the National Shawmut tures of the school districts total 1969. (P. O. Somers), Mont. building Sept. building bonds. as Bond bridge bonds. First National Bank, 20 1, dated are (EST) purchase of 2.03%. v. 1, Jan. on will receive the for 14 Oct. on H. Russell — Clerk, until 2:30 p.m. bids sealed Tyson, Bond Offering—Lynn M. Clark, Legality approved by Pres¬ Secretary of the Board of Educa¬ ton, Thorgrimson & Horowitz, of tion, will receive sealed bids un¬ Seattle. til 8 p.m. (EST) on Oct. 18 for the Flathead County Sch. Dist. No. 29 purchase of $1,520,000 building the Offering—Sealed bids will until Jan. on Due Offering—M. M. Bennett, Chancery Clerk, will sell at pub¬ ic auction at 10 a.m. (CST) on Oct. 4, $25,000 road, highway and way Pemberton), Minn. Bond be received Due , Consolidated 57 (P. O. as 1958. 1969/ 27,300 District No. 188 bonds, as bonds. Bond Bond Earth 1, Trustees, will receive sealed bids Vaiden), O. Mississippi County (P. inclusive. School District No. Jan. on 52,700 District No. 187 bonds, Blue of - , Carroll MINNESOTA Blue were Co., of Seattle, as follows: price of par, a Franklin 1957 & to Townsend, •. (P. O. Ashland), Miss. Sale Bond totaling $94,000 Grande to improve¬ — Offering City Denny, New York 1954. County Supervisors District \warded Sale—The 1.52%, on Helena, Mont. Special Sale $14,000 District No. 185 bonds, of 3enton Mich. cost of about (CST) sealed at E. to 1964 inclusive. 13 & Co., Co., both 4V4s. as Robert — $100,000 general obliga¬ tion bonds. Due serially from 1955 MacArthur jointly, were awarded to Piper, Jaffray & Hopwood, of Minneapolis, as 2%s, at a price of 100.40. sold Couffty, Chancery receive chase and McDonald-Moore & of — Bond Offering Burns, water < County Sch. Dist. No. 15 (P. O. Willow Creek), Mont. Bond Sale The $73,500 gym¬ nasium and equipment bonds of¬ fered Sept. 24—v. 180, p. 1153— of Benson, County (P. O. Natchez), Mississippi of Sept. Gallatin ment will $90,000 & MISSISSIPPI Williams, of offered 1969 to ,to be designated by Droved by Faegre Minneapolis. approved bonds 1955 he successful bidder. Legality ap- Metropolitan District, Michigan 180, —Y-l Tuct company pay¬ Bank Legality Sale—The revenue from Dec. on Citizens hy Peck, Shaffer & Cincinnati. 1 Principal and interest any suitable bank or at inclusive. Principal and interest (J-D) Farmersville. will Nov. on nclusive. Offering—Orland Bowser, Dated June Clerk, Margate City, N. J. Bond Hawkins, water 30 were Dabney & Sept. offered bonds awarded price of 100.09, a basis a about 2.19%. of lantic City. $100,- building1 bonds was sold to Blewer, Heitner & Glynn, of St. Louis, as 2y4s, 2%s and 2xks. Dated Sept. 1, 1954. Due on Mar. 1 to 2.20s, at Newport, N. H. Sale—The $85,000 Bond 000 1956 City, Utah. NEW HAMPSHIRE Bank, of Boston. Legality ap¬ proved by Storey, Thorndike, Pal¬ mer & Dodge, of Boston. (P.O. Hillsboro), Mo. of Bank, Lake Salt & Co., of Montclair, as and Ewing price 1969 inclusive. to Building, fiscal agent, Zions Bank Chicago, Charles the of members National First p. purchase of $220,000 school bonds. Due serially in 20 years. Full details may be obtained from Mrs. Lauren W. Gibbs, the District's Hutzler, William Blair & Co., all from 300,000 2.80s. Due on Feb. 1 from Offering—C. Grevengoed, Clerk, 180, 1153—were awarded to a group headed by the Northwestern Na¬ tional Bank of Minneapolis, at a Holland, Mich. Bond : 958—were awarded to a group composed of Glore, Forgan & Co., Salomon Bros. & 180, p. Co.', both of Detroit, jointly, as 2%s, at a price of 100.09, a basis of ajbout 2.73%. f build¬ ing bonds offered Sept. 28—v. funding bonds offered Sept. 28—v. 180, p. 1257—were awarded to Kenower, MacArthur $1,300,000 bonds offered Sept. Sale —The sewer revenue Minnesota drain $235,000 Columbia, Mo. Bond 28—v. will 12 for the until Oct. received be MISSOURI 1976 Sale—The $700,000 Bond • Washoe County, Sparks Sch. Dist., Nevada Bond Offering—Sealed bids 300,000 2V2s. Due Hennepin County Independent Sch. Dist. No. 17 (P. O. Edina), assessment Ik the Minneapolis. ster), Mich. ; bonds offered Sept. 23 p. 1153—were awarded Allison-Williams Co., of hall 180, lage 14,000 District No. 590 bonds: $9,500 2s, due on Aug. 1 from 1955 to 1961 inclusive; and from Elysian, Minn. — The $244,000 vil¬ serially from 1955 to 1966 Due of Sale Bond inclusive. 1964 1962 to from par. inclusive. of as of Minneapolis. $9,500 2s, due on Aug. 1 from 1955 to 1961 inclusive; and $4,500 l%s, due on Aug. 1 ; callable are District No. 582 bonds: $16,500 2s, due on Aug. 1 from 1955 to 1961 inclusive; and 24,000 _ price of a a.m. 558 bonds: Aug. 1 from inclusive; and No. $13,000 2s, due 11:30 until bids sealed $6,000 urer's of issue Sale—An Bond receive inclusive. 1964 1962 to Ripley, Miss. Sch. Dist. County Indep. 44 October 4, 1954 icle... Monday, Commercial and Financial The ii (1380) generally at a charge. The New Jersey Taxpayers As¬ sociation is State Street, located ah 143 Trenton 8, N. J, East J Volume 180 Number 5365. .. The Commercial and Financial Chronicle (1381) 61 ;x Raritan Township (P. New O. Nixon), | Jersey $1,770,000 school bonds. 405,000 assessment bonds. The bonds and 1955 to Nov. on 1 1, from inclusive. Principal (M-N) payable at the 1971 and interest First Nov. dated are mature Bank & Trust Co., Perth approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. Amboy. Legality Other Sale—The $3,500,000 mu¬ nicipal fered electric Sept. awarded were posed plant 28—v. bonds 180, to a of¬ 1050— p. group com¬ of Goldman, Sachs & Co., & Co., Smith, Barney & Blyth the of group: Co., Geo. B. R. W. Pressof Michigan Stevenson & (P. O. Liverpool), N. Bond Offering — Town Supervisor, bids Oct. on 6 $245,000 for 10 the public bonds. 1.90s, at of $3,493,000 bonds as price of 100.21, a basis a about 1.87%. ling, Secretary of the Board of Education, will receive sealed bids until 7:30 p.m. (EST) on Oct. $140,000 building bonds. Dated Oct. 1, 1954. for 13 Due the Oct. on inclusive. (A-O) purchase 1 from 1955 Principal payable at of and the to 1974 interest First Na¬ / Ridge Central Sch. Dist. No. 2 (P. O. Mount Kisco), N. Y. Bond Sale—The Bond ols, Gibbons & Co., Inc., W. and improvement City, jointly, as 2.40s, at a price 100.39, a basis of about 2.36%. and Cornwall, Canterbury Fire Dist. (P. O. Cornwall), N. Y. Bond Sale — The house construction Sept. $42,000 1955 to offered 180, p. 1153—were awarded to the Highland-Quassaic Bank & Trust Co., of Newburgh, 2s. as Croton-On-Hudson, N. Y. Sale—The. $38,000 water supply system bonds offered Sept. 1 l%s, at as price of 100.11, a a basis of about 1.46%. Johnstown Trust 180, v. the p. 1154—were awarded to Marine Western Trust New Company of York, Manufac¬ turers & Traders Trust Co., both of Buffalo, and Roosevelt & Cross, of New York City, as 2V2S, at a price of 100.56, a basis of about 2.45%. New Bond 180. inclusive. of Albany, bonds York, Bank Payable at May 2, 1955. Chemical Bank & Trust Co., New York City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. Ramapo No. 2 School District (P. O. Spring Valley), Sale —The building bonds offered Sept. 29— 000 bids bonds on noon (EST) Browning & Co.; New York Hanseatic Corporation; Rodman & Renshaw; Walter, Woody & Heimerdinger; J. A. White & Com¬ Rand & Co.; Schaffer, Fairman, Harris & Company,. Inc.; Courts & Com¬ pany; Dwinnell, Harkness & Hill, Inc.; Farwell, Chapman & Com¬ pany; Freeman & Company. pany; on Necker & Co.; sewer Dated construction July 1, 1954. Due Dec. 1 from 1955 to 1978 inclu¬ on sive. Principal and interest (J-D) payable at the First National Bank of Masillon.- by Squire, Legality Sanders of Cleveland. Sept. 28— follows: as April 1 from on Union April 1 to Is. Barcus, Oct. on April 1 from & Company; Company; G. Company; Park, Ryan,. Incorporated; Ross, Borton & Si¬ mon, Inc.; The W. C. Thornburgh Company; Watling, Lerchen & Company; R. H. Brooke & Com¬ Grant C. Haas & to April on 1981 from 1 inclusive. Offering—H. D. Secrest, Clerk-Treasurer of the Board of for 19 of $1,250,000 build¬ ing and improvement bonds. 30 Dated Nov. 1, 1954. Due on Oct. 1 from 1956 to 1975 inclusive. Prin¬ West¬ 1.90s, cipal and interest the (A-O) payable legal depositary, Board's presently the Cleveland Trust Company. Legality approved by Squire, Sanders & Dempsey, of School Rae, from the State Bank, of Kenmore, or at the Guaranty Trust Company, of New York City. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. Twp. (P. O. Cuyahoga Falls), Ohio Bond Clerk will Offering—F. H. Wagoner, of the Board receive of sealed Trustees, bids until noon (EST) on Oct. 7 for the purchase of $28,000 special assess¬ ment road improvement bonds. Dated Aug. 1, 1954. Due on Dec. 1 from 1955 to 1959 inclusive. Prin¬ interest and (J-D) payable at the Coventry Town Hall. Tapper Lake, N. Y. East Wathins Village Geo. F. — bald, Oct. 000 bids 15 first mortgage revenue 1954. 1956 to Due in 1959 of April system bonds. Dated Oct. 1, 1954. Due on July 1 from to inclusive." 1992 Principal and interest (J-J) payable at the National Bank, Watkins Glen. Legality approved by Haw¬ kins, Delafield & Wood, of New York City. electric bonds. Company; Company; John Small Company; J. W. Suarks & Com¬ pany; Berman, Selonick & Com¬ pany; Cincinnati Municipal Bond Corp.; Cunningham, G u n n & Carey, Inc.; Einhorn & Company;^ Hawkins & Company; Mead, Mfl- "^ ler & Company; Middendorf, & Company; Parsons & Company./ Shannon & (J-D) Bank & payable Toledo, of A. Mc¬ bids 18 until for noon (EST) on purchase of $23,Dated Dec. 1, the water bonds. Due Oct. on 1 from inclusive. Interest Parma, Ohio 1956 A-O.. Bond Offering—Joseph S. Lime, City Auditor, will receive sealed . bids until Munroe Falls, Ohio Bond for Offering—Virginia Dove, (EST) noon 1954. Oct. 13 on to for the Dec. clusive. 1 from 1956 Principal , (J-D) payable tional to 1975 in¬ pany. and interest the First Na¬ Squire, Oct. 14 1 in¬ Nov. from 1, 1956 inclusive. (M-N) Legality approved by Sanders & Dempsey,. of , , • Pickaway County (P. O. Circleville), Ohio Bond Offering—Fred L.Tipton, Clerk of the Board of County Commissioners, will receive sealed Ohio (State of) The $30,000,000 thoroughfare construction Sale Dated Nov. on on $675,000 Cleveland. of Akron., Legality by Squire, Sanders & Dempsey, of Cleveland. ' approved Bond Due 1970 interest Bank at bonds. of Principal and payable at the legal depositary of the City, pres¬ ently the Cleveland Trust Com¬ purchase of $18,360 street improvement special assessment Dated Oct. 1, 1954. Due bonds. on (EST) noon purchase cinerator Village Clerk, will receive sealed bids until the — bonds offered Sept. 28— bids until noon (EST) on Oct. 13 180, p. 959—were awarded to for the purchase of $28,000 real a syndicate headed by the Union estate reappraisal bonds.; Dated Securities Corp., New York City, Sept. 1, 1954. Due on Nov. 1 from v. at a price of 100.95, cost of about $4,985,000 6s. 1.38%, a 1956 to 1961 inclusive. Principal (M-N) payable at the County Treasurer's office.* Legal¬ ity approved by Bricker, Marburger, Evatt & Barton, of Co¬ net interest as and interest follows: Due semi-annually 15, 1956 to 15, 1957 inclusive. lumbus. 5,005,000 Is. Due semi-annually from Sept. 15, 1957 to Sept. Richmond Heights, Ohio 15, 1958 inclusive. Bond Offering — Russell W. 13,340,000 IV4S. Due semi-an¬ Hanslik, Village Clerk, will're¬ nually on March 15 and Sept. ceive sealed bids until 7:30 p.m. from March March April on and 1960 1, interest (A-O) Union company thorized to Legality in accept & as and the funds. Squire, of (EST) of on • 15 from 1963 to 1964 inclusive. Upon reoffering the bonds, the Securities Corp. and asso¬ > Oct. 18 for the purchase water mains bonds., $50,000 Dated 1 Sept. from 1, 1954. Due 1956 to 1975 on Dec. inclusive. Principal and interest (J-D) pay¬ able at the Central National Bank Savings by Dempsey, incl. of at a bank Ohio au¬ trust approved Sanders at & or 1962 ciates callable Commercial trust to Union from Principal Bank, East Palestine, or 1 payable 1959 Oct. Bonds due are 1958. from 6,670,000 "1.40s. Due semi-annually on March 15 and Sept. light Dated I960 inclusive. receive will Charles A. Hinsch & 1 Branch. Mentor, Ohio Offering—Owen 1965 until ngon (EST) on for the purchase of $150,- sealed bids until 3 p.m. (EST) on Oct. 6 for the purchase of $280,water Clerk, 1, Scap- Oct. 000 15 Offering—George Archi¬ City Auditor, will receive sealed Glen, N. Y. Offering Palestine, Ohio Bond plant Bond Dated December ■ cipal Bond Sale—The $23,500 public building bonds offered Sept. 29— v. 180, p. 1258—were awarded to Bacon, Stevenson & Co., New York City, as 2.40s, at a price of 100.34, a basis of about 2.36%. $14,000 bonds. on & pany; Clement A. Evans & Co., Inc.; Gottron, Russell & Co., Inc.; Gordon Graves & Company. :v October of Brownell revenue Coventry 1955 and sealed on 1965 inclusive. Prin¬ National major Cleveland. B. Principal payable at (A-O) Oct. on the purchase sewer as (EST) Klewer, Laren, Village Clerk, will receive Ohio noon' assessment 1, 1954. Due the to Bond (EST) purchase cipal and interest at E. receive noon from 1957 to sealed OHIO (P. O. 1 special S. Kindred approved Dempsey, & Ohio — will the Bond 1978 inclusive. Due for Nov. Cleveland Heights City Sch. Dist. awarded Allen — 16 from Education, will receive sealed bids Free 1 bids until 1967 inclusive. on Clerk, Maumee inclusive. on Offering Isphording, Inc. Heller, Bruce & Co.; Kaiser & Co.; Magnus & Company; Nelson, 1258. p. until storm 1954. the inclusive. Cleve¬ land. placed the 6% bonds pri¬ vately and offered the balance of issue at prices to yield from the Cleveland. by of Squire, 0.95% to 1.50%. The bonds are interest exempt from Federal income taxes. Principal of and interest Legality Sanders & approved Dempsey, Cleveland. South Euclid, Ohio Bond Sale—The $111,500 special assessment street improvement on the bonds offered Sept. 29—v. 180, p. payable from fees, ex¬ 1154—were awarded to McDonald cises or license taxes relating to & Co., of Cleveland, as 2V2s, at a registration, operation or use of price of 100.45, a basis of about vehicles on public highways, or 2.41%. to fuels used for propelling such vehicles. Waljbridge, Ohio Bond Sale The $20,000 fire Associates of Union Securities Corporation in the offering in¬ apparatus and equipment bonds offered Sept. 28—v. 180, p. 1154— clude: were awarded to Fahey, Clark & C. J. Davine & Co.; Merrill, Co., of Cleveland, as 2y4s, at a Turben & Co.; Ball, Burge & price of 100.55, a basis of about Kraus; Baxter, Williams & Co.; 2.13%. Clark, Dodge & Company; bonds are — Euclid, Ohio Wayland (P. O. Wayland), N. Y. Bond Sale-«-The $36,000 garage bonds offered Sept. 23—v. 180, p. 1154—were awarded to the Man¬ Bond Oct. bids 7 for until the 825,500 bonds, noon {EST) purchase 1 from 1955 $2,- Due on 1959 to sewer Nov. yl t 1955 to Due to on 1970 and Dec. construction 1 from 1956 bonds. on June to 1975 inclusive. Principal and interest payable at the office of (J-D) the Director of Finance. Lucas County & Bond 28—v. (P. O. Toledo), Ohio Sale—The line supply 180, $24,700 water bonds offered Sept. 1154—were awarded Due 1959 on Nov. award 1 inclusive. from . Fahey, Clark & Co.; Field, Rich¬ & Co.; The First Cleveland Corporation; Fulton, Reid & Co.; Hayden, Miller & Co.; Aubrey G. Lanston & Co. Incorporated; Wm. J. Mericka & Co. Incorporated; OKLAHOMA ards Stroud & Company Incorporated; Weeden & Co. Incorporated. R. L. , Kingfisher County Independent Sch. Dist. No. 56 (P. O. Loyal), Oklahoma Bond Sale—The $4,500 build¬ ing bonds offered Sept. 28—v. 189, p. 1258 — were awarded to.the First Securities Co. of Kansas, of Wichita, as 1V2S, at a price of Kiowa offering and is being sold on Oct. Shearson, Heitner & Glynn; Blunt Ellis & Simmons; John W. Clarke & Co.; F. W. Craigie & Co.; First Securities Company of Chicago; Ginther, Johnson & Co.; Malvern Hill & 13. Company Incorporated; E. F. Hut- ing and furniture p. Hayden, Miller & Co., of Cleve¬ land, as 2s, at a price of 103.28, a basis of about 1.14%. Issue » compensation bonds. 1955 bonds. from inclusive. sewer Sept. 1, 1954. Due to inclusive. 126,000 until on follows: as $49,000 equipment bonds. Nov. of 14 Dated 1 Yonkers, N. Y. Bond Offering—John F. Carozza, City Comptroller, will receive A. Abbott, Finance, will receive noon (EST) on for the purchase of $1,of bids 000,000 Buffalo, as 1.70s, at a price of 100.02, a basis of about 1:69%. Offering—W. Director sealed of 126,000 $3,200,000 fire Co., Durham, and Corp., Greens¬ Due to 1979 purchase of $2,920,000 bonds.' Dated Oct. 1, Due interest Central New York Bond 15,000 until $204,000 Buffalo, Offering 1974 Glen an Offering—Carl Z. ChrisCity Auditor, will receive City $120,000 offered 1962 2s. 1968 District Clerk, will receive sealed bids until 2 p.m. (EST) on Oct. 6 1954. The 55,000 2V4s. Due Kenmore), N. Y. the — & at or offered Sept. District No. Bond to 1963 at Tonawanda Oct. the 25,000 Principal 1258—were p. New tura, sell Oct. 25 for the purchase of $120,- p.m. at par. to Doll & announce¬ to school Maumee, Securities 1955 re¬ 1 the Marine Trust Co. of for beck Bond bonds. Nov. (M-N) payable at the Sale—The water XCVIII notes. Dated Nov. on on 1974 :, dated boro, jointly, at par, Tonawanda, N. Y. sealed Due to 1258—were awarded to p. Vance New York City. ern $29,500 CAROLINA bonds 180, v. Legality approved by Vandewater, Sykes, Heckler & Galloway, of and the intention Company; Olderman, As& Co.; Andrews & Wells, Dempsey-Tegeler & Co.; Inc.; The — & ton Massillon, Ohio toff, . J. Lee Peeler & Nich¬ will until Commercial Co., City Housing Authority, N. Y. Note Offering:—Philip J. Cruise, Chairman, will receive sealed bids until 11 a.m. (EST) on Oct. 7 for the purchase of $23,828,000 series 1, 1954. of from Due 1955 are Sale station ufacturers and Traders Trust Co., York bonds. $25,000 6s. -Due 1955 Bond Sale—The $665,000 build¬ ing bonds offered Sept. 29 — 1 City. Bond Hanover Bank, of New York City. 000 City School District, New York issue its Bond Central Bond 29—v. 180, p. 1153—were awarded to J. B. Hanauer & Co., Newark, Nov. Wilmington, N. C. (P. O. Clerk, bids 1982 and interest National fire 23—v. bonds school NORTH Legal¬ Stuyvesant District building Brighton (P. O. Rochester), N. Y. Bond Sale—The $3,534.29 street improvement bonds offered Sept. 29—v. 180, p. 1258—were awarded to the Security Trust Co., Roches¬ ter, as 2V4S, at aprice of par. of viaduct inclusive. 1. from bonds York (EST) on Oct. 6 for the purchase of $1,174,000 school bonds. Dated Nov. 1, 1954. Due on Nov. 1 from H. of and on 1964 canceled ment Sept. 29—v. 180, 1, 1954. Principal and interest (M-N) payable at the City Comptroller's office. Legality approved by Haw¬ kins, Delafield & Wood, of New (EST) purchase of Co., Liverpool. sealed $233,000 school Co., both of New York Due inclusive. The receive Offering—Richard Jr., bonds offered Sept. 29—v. 180, p. 1153—were awarded to George B. Morton & to District sealed a.m. School District No. to Bedford, New Castle and Pound 1955 Bond Offering Canceled improvement, area to Nov. Castleton-on-Hudson), N. Y. —v. NEW YORK bonds. from street 1,373,000 1, 1954. Due 1955 to 1979 in¬ 1 from & Deposit tional Bank of Washington. Legal¬ ity approved by Hawkins, Delafield & Wood, of New York City. 1 inclusive. 1955 Principal and interest (M-S) payable at the First Trust ceive Washington Township Sch. Dist. (P. O. R. D., Oxford), N. J. Bond Offering—Robt. A. Wand- buildings Nov. 1 clusive. Bros., Inc., and MacBride, Miller & Co., all of Newark. The group purchased Nov. Marysville Exempted Village Sch.' District, Ohio Dated Sept. Sept. on will until public on bonds. Fred P. Kies, Schodack Deventer inclusive. parking Y. Hanauer Van on 1964 1974 ity approved by Vandewater, Sykes, Heckler & Galloway, of New York City. Co., Due 675,500 Co., Gregory & Son, Inc., and & Co., all of New York. Co., F. S. Smithers & Co., Boland, Saffin & Co., Allen & Co., Wm. E. Pollock & Co., all of New York City, J. B. Hanauer & Co., Ryan, & bonds. 1955 to Due Rand Salina playgrounds and'improve- from & Co., Chas. Weigold & Co., Wm. E. Pollock & and ment 263,000 members Kidder, Peabody & Gibbons & Co., Inc., prich & Co., First Corporation, Bacon, Co., B. J. Van Ingen E. parks land acquisition about 2.45%. sealed Vineland, N. J. 213,000 group . Bond 1050—were awarded to p. headed by Halse.y, Stuart & Co., New York City, as 2^s, at a price of 100.56, a basis of a Bond Offering: — Otto Schuster, Township Treasurer, will receive sealed bids until 8 p.m. (EST) on Oct. 13 for the purchase of $2,175,000 bonds, as follows: 1954 180, v. Not Sold—The $8,000 No. 510 issue was eliminated from the Hammill Day & & Co.; Co.; Blewer, 100.17. County Independent School (P. O, Hobart), District No. 8 Oklahoma Bond Sale—The $22,000 build¬ bonds offfered y The Commercial and Financial Chronicle 62 September 22 were awarded to R. J. Edwards, Inc., of Okla¬ the homa as l^s, at a price of basis of about 1.48%. City, 100.05, a Due serially from 1957 to 1959. Winfree, by & Sayre, of Lane Sale—The $164,000 Bond ment and extension works and water improve¬ plant disposal sewage improvement bonds offered Sept. 22 awarded to the First Se¬ were Co. curities of Honnold and Wichita, Oklahoma Kansas, & Co., City, jointly. The sale of: consisted water works extension and improvement bonds. Due serially from 1957 to 1968 in¬ $125,000 ! Bond Offering Sale—The $92,000 build¬ West County Bond will i Offering be received — Sealed bids by the Clerk of Due 1954. as Due 1964 of bonds. on Dated March inclusive. inclusive. and thereafter March) and interest 1, Sept. 1 from Bonds are 1957. Oct. on 1, 1957 National Principal Legal¬ Winfree, Mc- ity approved by Culloch, Shuler & Sayre, of Port¬ Refineries 1964 1 York Cra¬ nue p. , our of to and Sept. 27—v. 1961 Kuny, School — Stanley W. of receive Secretary of the Board Directors, will 3s. Oct. 1 from "inclusive, on 1, customs 1966 to on ffi!) related The 1954. bonds Interest are A-O. dated around Oct. Legality Other by members' of ..the will give jobs to Puerto; Ricans and it plants The them. Bay, some 15 miles from Ponce, island's the 1986. Townsend', Elliott Munson, of Philadelphia. proved form of imported two on Oct. 1 from inclusive. 1, the will spring up larger of the units, the $24,000,000 Com¬ monwealth Oil Refining Co., in¬ stallation will be at Guayanilla Oct. 1 from Due Oct. the in on in Common¬ the is expected that new chemical and 1977 inclusive. 1972 to 945,000 3.20s. 500 some 270,000 27/sS. Due 1971 treasury duties shot strong a will refineries The Oct. 1 from 1968 inclusive. 1969 to get as The oil. 1960. 1965 inclusive. to will arm easier. industry, large petroleum deriva¬ of crude wealth Due^n, 1959 to the follows: i 250,000 23/4s. Due 180, Harmony Twp. Sch. Dist. (P. O. Ambridge), Pa. Offering as 390,000 2y2s. Due interest 1259.) Bond bonds, "on be increased and much petro-chemical sewer re¬ new to 1955 and will make swing toward expanded production users two by full the the industrialization Sept. 28 tives, reve-' on Industrial scheduled are , stream" Joint 1964 1955 from Principal issue in City, purchased issue of $5,350,00,0 said Moscoso fineries Sale—A group headed by Harriman Ripley & Co., Inc., New an Boost Potential Bond burg. Legality approved by Town- in callable (M-S) payable at the Sterling send, Elliott & Munson, of Phila¬ delphia. (The foregoing supple¬ ments the information contained due County Treasurer's office. — at the Monroe County Bank, of East Strouds¬ payable Offering—Elsie V. Knight, District Clerk, 1957 Oklahoma 110-C will receive sealed bids until 8 p.m. (PST) on Oct. 14 for the purchase of $20,000 to 2,700,000 2V4s. Due Oct. Stroudsburg, Pa. (EST) on Oct. 5 for the purchase of $30,000 storm sewer improve¬ ment bonds. Dated Oct. 1, 1954. (P. O. Crabtree), Ore. Tulsa. School ceive the bonds unsuccess¬ Sch. Dist. No. 1956 Moreland-Hatboro 1956 Borough Secretary, will re¬ sealed bids until 8 p.m. mer, fully offered on Sept. 8. Linn from Authority (P. O. Hatboro), Pennsylvania of $200,000 Bockius, & Upper Sewer , Offering Bond of Portland. to O. Red Rock), East In¬ Legality approved by Morgan, Lewis Philadelphia. (PST) on October 7 for the purchase of $16,0p0 fire bonds. Dated Oct. 1, 1954. Due on Janu¬ ary 1 from 1957 to 1964 inclusive. Principal and interest payable at the United States National Bank, are 1, 1954. Due on 1955 to 1974 inclusive. terest M-N. p.m. p. 1154, were awarded to the First National Bank & Trust Co., of County Independent the purchase of $2,600,000 the Dated November 1 from at 1 Legality approved by Saul, Ewing, Remick & Saul, of Philadelphia. ' Offering—Clara T. Pusey, will general obligation bonds. Nov. bids sealed building District No. 3 (P. Frank Craw¬ for office ing bonds offered Sept. 23—v. 180, Noble 13 Husband, Bond Bond — County Secretary of the Board of County Commissioners, will receive sealed bids until noon (EST) on October Fort & Johnson, 72 Broadway, Eugene, until 8 receive of sive. Mayes County Independent School District No. 1 (P. O. Pryor), Okla. (P. O. Secretary-Treasurer, These provement bonds. Due seri¬ ally from 1957 to 1964 inclu¬ Fire Rural District Dist. Institution (P. O. Lima), Pa. Eugene), Ore. ford, clusive. 39,000 sewage disposal plant im¬ Delaware Bond Coburg County, Protection Oct. on inclusive. Shuler McCullough, Portland. Due PENNSYLVANIA (M-N) payable at the City Treas¬ office. Legality approved urer's Mad ill, Okla. A, Monday, October 4, 1954 ... (1382) be set up to second refine a city. It will minimurh of 22,000 barrels daily. The $11,000,- 1, Caribbean 000 ap¬ structure will & the about Smith, Barney g" Co., Kidder,' Peabody & Co., Goldman, Sachs & Co., Eastman, Dillon & Co., all New York, Schmidt, Poole, Roberts & Parke, of Philadelphia, Blair & Co., Inc., W. H. Newbold's at 10,000 barrels a day. together the units will transform Puerto Rlc0 tr°m an oil-importarea t0 an oil-exporting island since combined production of Co. Catano, across San Juan and will bay from refine group: Refining be be sufficient with some for left all local will needs over. Meanwhile, Puerto Rico's new Co., Butcher & Sherrerd, sealed bids until 7:30 p.m. (EST) the Board of Education until 7:30 Hemphill, Noyes & Co., Yarnall, international airport just * 20 on October 13 for the purchase of Mitchell, Ore. p.m. (CST) on Oct. 5 for the pur¬ Biddle & Co., C. C. Collings & minutes from downtown San Juan Bond Offering — Sealed bids $260,000 building bonds. chase of $40,000 building bonds. Dated Co., Inc., all of Philadelphia, Ira will be completed in March, 1955 be received by the City Nov. 1, 1954. Due on November 1 Due serially from 1956 to 1959 in¬ will Haupt & Co., of New York, Wurts, with giant runways prepared to Recorder until 8 p.m. (PST) on from 1955 to 1980 inclusive. In¬ clusive. Dulles & Co., Walter Stokes & take the largest commercial planes Oct. 5 for the purchase of $15,000 terest M-N. Legality approved by Noble County Indep. Sch. Dist. Co., Suplee, Yeat'man & Co., now flying and up-to-the minute general obligation bonds. Dated Burgwin, Ruffin, Perry & Pohl, Arthur L. Wright ,& Co., and facilities for world passenger and No. 3 (P. O. Red Rock), Okla. Sept. 15, 1954. Due on March 15 of Pittsburgh. Bond Woodcock, Hess & Co., all of cargo travel. Tourism, in addition Offering — D. J. Selby, from 1955 to 1969 inclusive. Bonds to industry, will benefit greatly Philadelphia: Clerk of the Board of Education, Lancaster, Pa. due in 1965 and thereafter are from the new terminal. will receive sealed bids until Bond Offering — George L. callable as of Sept. 15, 1964. Prin¬ PUERTO RICO Moscoso listed as other out¬ 7:30 p.m. (CST) on Oct. 5 for the cipal and interest (M-S) payable Diehl, City Controller, will re¬ standing indications of Puerto purchase of $40,000 building bonds. at the ceive sealed bids until 2 p.m. City Treasurer's office. Le¬ Puerto Rico (Commonwealth of) Rico's rapid 1 economic expansion Due serially from 1956 to 1959 gality approved by Winfree, Mc- (EST) on Oct. 14 for the purchase Economic Goals .-Sharply Re¬ the $23,000,000 port improvement inclusive. of $950,000 improvement bonds. Culloch, Shuler & Sayre, of Port¬ vised—A sharp ffpWard revision program to better dock, harbor Dated Nov. 1, 1954. Due on Nov. 1 land. * " \ Nowata, Okla. in Puerto Rico's ^economic de¬ and market facilities in the San from 1955 to 1973 inclusive. Prin¬ Bond Offering — Esther WhitMorrow County School District velopment goals<?«; designed to Juan area by 1957 and the $32,cipal and interest payable at the ford, City Clerk, will receive No. 1 (P.O. Heppner), Ore. Fulton National Bank of Lan¬ create some 83^00 new jobs and 000,000 Southwestern Puerto Rico sealed bids until 4 p.m. (CST) 830 new plants here by early in project which will add 100,000,000 Bond Offering — Nona Sewell, caster. Legality approved by on Oct. 7 for the purchase of the next decade -£is expected to kilowatt hours of electric power District Clerk, will receive sealed Townsend, Elliott & Munson, of $80,000 water works bonds. Due bids until 8 channel peak effjjrfs^.pf the Com¬ to the present output in addition p.m. (PST) on Oct. Philadelphia. serially from 1957 to 1972 in¬ 4 for the monwealth's Operation Bootstrap to reclaiming 30,000 acres of now purchase of $290,000 clusive. Mellon National Bank & Trust Co. program; into the coming two useless land for agriculture, hous¬ building bonds. Dated Nov. 1 1954. (P. O. Pittsburgh), Pa. Due on January 15 from 1956 to years, Economic Development Ad¬ ing developments and industry in Prague, Okla. ministration chief Teodoro Mos¬ the next two years. 1970 inclusive. Principal and in¬ Offering Bonds on Behalf of Bond Sale—The $40,000 swim¬ ming pool and park improvement terest (J-J) payable at the County State Fund—Sealed bids addressed coso has announpjra^r 1 Income Up Sharply Treasurer's office. Legality ap¬ to the Mellon National Bank & bonds offered Sept. 27—v. 180, p. "All governmentwagencies are Since 1947 Operation Bootstrap 1258—were awarded tolthe Prague proved by Winfree, McCullough, Trust Co. and directed to the of¬ preparing to shift to accelerated Shuler & Sayre, of Portland. fice of Rex T. Wrye, Secretary of National Bank. programs for increased produc¬ has been responsible for upping The foregoing supplements the, the Pennsylvania Public School tion in agriculture, commerce and net income from $612,000,000 to Stillwater, Okla. information contained in our is¬ Employees' Retirement Board, industry in ordered . reach the $970,700,000 in ,1953-54, of which Bond Offering—Lloyd E. Goble, sue of September 27—v. 180, p. Room 536, Education Bldg., Har- desired national ihoome of $2.i $894,000,000 went for consumer Clerk of the Board of Commis¬ 1259. risburg, will be received until 11 billion per year ffr'addition to a purchases of goods and services. sioners, will receive sealed bids a.m. (EST) on Oct. 6 for the pur¬ minimum annual limine of $2,000 In the same period gross product Portland, Ore. until 7:30 p.m. (CST) on Oct. 5 chase of two lots of bonds as fol¬ per family in th*o next six or rose from $733,000,000 to $1,186,Bond Offering — Will Gibson, for the purchase of $1,270,000 lows: seven years," MoS£b's.p said. He as¬ 000,000. Net income per person City Auditor, will receive sealed bonds, as follows: jumped to $435 annually from bids until 11 a.m. (PST) on Oct. $4,750,000 Philadelphia 3V\% im¬ serted that a re-evaluation of the $1,170,000 electric light and power provement bonds. Dated June 'development program, based upon $284. Estimated average net in¬ 19 for the .purchase of $1,000,000 plant improvement and ex¬ and mainland economic come per family is now about 16, 1939. Due June 16, 1988. local water bonds. Dated Dec. 1, 1954. tension bonds. Due serially Optional June 16, 1958. factors, made the ^peed-ups nec¬ $2,175 as against $1,420 in 1947. In Due on Dec. 1 from 1957 to 1976 from 1957 to 1974 inclusive. 1953-54 Puerto Rico sold more 500,000 Berks County 3%% court essary. " . ;«jT "• / inclusive. The bonds are callable Bonds due in 1965 and there¬ than 90% of its $341,554,000 in house, tuberculosis hospital Two giant oil refineries costing on Dec. 1, 1966, and on any inter¬ after are callable after 10 and bridge bonds. Dated April more than exports to the United States but est $36,00(>,000 and a new payment date thereafter. years from date of issue. also purchased $509,000,000- in 1, 1931. Due on April 1 from $15,000,000 intentional airport Principal and interest (J-D) pay¬ 100,000 water works improve¬ 1956 to 1960 inclusive. are able at the City Treasurer's office. expected to anchors the en¬ goods from the U. S. making it ment and extension bonds. the largest per capita customer of Legality approved by Chapman & Pennsylvania (Commonwealth of) larged targets whiter call for the Due the mainland -and eighth on the serially from 1957 to establishment of 12& factories this Cutler, of Chicago. Note Sale—The $90,000,000 tax 1966 inclusive. world list of U. S. customers. year and 140 in*the next fiscal anticipation notes offered Sept. 28 Prineville, Ore. period, increasing gradually each OREGON Bond Offering — Sealed bids —v. 180, p. 1050—were awarded RHODE ISLAND >— year until the figure of 830 is to a group composed of the First Coos County, Bunker Hill Sanitary will be received by the City Re¬ reached in about i960. Pawtucket, R. I. Boston Corp., Salomon Bros. & corder until 8 p.m. (PST) on Oct. District (P. O. Box 608, Moscoso said the new goals will Note Offering — Lawrence A. 12 for the purchase of $12,784.78 Hutzler, and C. J. Devine & Co., Coos Bay), Ore. all of New York City, at 0.8637% be in addition to the gains already McCarthy, Mayor, will receive Bond Offering—Cecil McQuigg, improvement bonds. Dated Sept. made by Operation Bootstrap sealed bids until 5 p.m. (DST) on interest. District Secretary, will receive 1, 1954. Due on Sept. 1 from 1955 which got up a full head of steam Oct. 6 for the purchase of $1,000,sealed bids until 7:30 p.m. (PST) to 1964 inclusive. The bonds are Pittsburgh, Pa. in 1948. "Industrial incentives, in¬ 000 notes. Dated Oct. 8, 1954. Due on Oct. 13 for the purchase of callable after one year from date Bond Offering — Edward R. cluding 10 years of tax exemption Principal and interest $146,000 sewer bonds. Dated Oct. of issue. on June 28, 1955. Payable at,the Frey, City Controller, will re¬ for qualified firms in addition to 15, 1954. Due on April 15 from (M-S) payable at the City Treas¬ ceive sealed bids until 10 a.m. certain other property and per¬ First National Bank of Boston. urer's office. 1955 to 1974 inclusive. Principal Legality approved (EST) on October 7 for the pur¬ sonal income tax, freedoms have Legality approved by Storey, ajjd interest (A-O) payable at the by Winfree, McCulloch, Shuler & chase of $1,500,000 general pub¬ brought over 300 plants to the Cbunty Treasurer's office. Legal¬ Sayre, of Portland. Thorndike, Palmer & Dodge, of lic improvement bonds. Dated Commonwealth since 1948, creat¬ ity approved by Wirufree, McNov. 1, 1954. Due on Nov. 1 from ing direct and indirect jobs for Boston. Toledo, Ore. Cullough, Shuler & Sayre, of Bond Offering—Gladys Urgess, 1955 to 1974 inclusive. Principal some 50,000 Puerto Ricans. Fed¬ Portland. Pawtucket, R. I. City Recorder, will receive sealed and interest (M-N) payable at the eral income taxes do not apply Note Sale—An issue of $195,000 Gold Beach, Ore. bids until 8 p.m. (PST) on Oct. 4 City Treasurer's office. Legality here since Puerto Rico has no Bond Offering — Ray P. for the purchase of $126,000 gen¬ approved by Reed, Smith, Shaw voting representation in Con¬ 9-month notes was sold, as fol¬ Blankenheim, City Recorder, will eral obligation sewer system and & McClay, of Pittsburgh. gress," he continued. Annual lows: salaries for workers directly em¬ receive sealed bids until 8 p.m. sewage treatment and disposal $100,000 to the First National Pittston, Pa. ployed now reach k total of more (PST) on October 11 for the pur¬ bonds. Dated May 1, 1953. Due on Bond Offering — John D. Mc- than $22,000,000 and investments Bank, of Boston, as 0.69% dis¬ chase of $175,000 water system May 1 from 1956 to 1973 inclu¬ Bonds due in 1962 and N'ulty, bonds. Dated Nov. 1, 1954. Due on sive. count. City Clerk, will receive in plants and; machinery have November 1 from 1956 to 1965 in¬ thereafter are callable as of May sealed bids until 7:30 p.m. (EST) surpassed $1151000,000 — of which 95,000 to the Rhode Island Hos¬ clusive. Bonds due in 1966 and 1, 1961. Legality approved by on Oct. 13 for the purchase of more than two-thirds is local and pital Trust Co., of Providence, thereafter are callable as of Nov. Winfree, McCullough, Shuler & $178,000 funding and improve¬ mainland private capital, the EDA land. Son & . i i s .A - 1, 1965. Principal and interest Sayre, of Portland. ment bonds. Dated Oct. 1, 1954. Administrator reported. - ; at 0.70% discount. » * 1 Number 5365 Volume 180 .*The Commercial and Fiwncial ChTOniele»*r, . National CAROLINA SOUTH Bond Sale—A syndicate headed by R. S. Dickson & Co., of Char¬ lotte, and Robinson-Humphrey, Inc., Atlanta, purchased an issue of $1,600,000 combined public utility system revenue bonds at a price of par, a net interest cost of about 2.59%, as follows: $300,000 4s. Due 1956 to 1961 1970 inclusive. 1954 and those thereafter 1961. dated are callable are Principal payable Nov. in due 1, and 1962 of Mason, of Lynchburg, Isphording, Inc., of & * tric to bonds revenue a of Co., 100.09, Sept. from Pierce, Carrison, Jacksonville, of Birming¬ price a of cost Nov. 1 from on Due 575,000 2.90s. Due to Nov. on Nov. 1 from on inclusive. 1981 1 inclusive. 1978 to members group: American Securities Corp., of New First Huger, Barnwell & Co., and E. H. Pringle & Co., both of Charles¬ ton. & ham, Thornton, Mohr & Farish, of Montgomery, Stubbs, Smith & Lombardo, of Birmingham, Harold Co., of St. Paul, Frost, of Charleston, G. H. Crawford Co., of Columbia, E. Wood & & Read Simons, York, Palestine, Texas Sale—The Bond Cutter City Independent Sch. Dist., Dakota South ; Sale—The Bond v. build¬ $65,000 ing bonds offered Sept. 27—v. 180, p. 1259 — were awarded to the Custer County Bank of Custer City, 2%s, at as Pierre ing as 25,000 Sept. 23 were National receive October 12 for the pur¬ chase of $160,000 electric system revenue, bonds. Dated Sept. 1, (CST) on Due 1954. 1955 inclusive. Bonds due 1962 to from 1 September on in 1958 and thereafter are callable Sept. 1, 1957. Principal and interest (M-S) payable at the Bank of Sevierville, or at the of as bonds Sept. offered and Texas refunding obligation to a group com¬ of Texas, and Russ & Co., both of San Antonio, and Warren & Co., of Wichita Falls, as fol¬ Corp. 1955 to from 1 inclusive. 597,000 2V4s. Due Z"/4s. from 1965 to Nov. 1 from on on 1970 to receive sealed bids until 2 p.m. (PST) on Oct. 19 for the purchase of $235,000 .general obligation building bonds. Dated Nov. 1, 1954. Due on The bonds Nov;.. I from on ing scheduled $2,150,000 University of Tennessee improvement bonds as 13/4S. institutions mental 2,000,000 bonds IV2S. as and and those thereafter official & maturing in callable are dication ceremonies southern section bonds as of Guard tional as Tennessee Na¬ bonds Armory members syndi¬ the of ration, 4 Nashville, Philadelphia, Co., of New York, W. E. Hutton & Third of Bank, Philadelphia Bank, National Nash¬ in ville, Hirsch & Co., Hayden, of New & Co., tional M. A. Co., York, of St. Bank, or Eva-" Reinhoi"' Louis, Offering—J. Gordon Ben¬ mission on, Local will re¬ his office, Debt, J. Inc., of New 5r North & Co.; r' ceive sealed Hamilton Na¬ Chattanooga, Gardner, & of ^ improvement $220,000 bonds. Dated Sept. 1, 1954. Due on March 1 from 1956^ to Principal able at Bank of ana 1975 inclusive. interest (M-S) pay¬ the Central Richmond. National Legality of New York ap¬ City, First City. the the new route * means saving a driving time for trucks and IV2 hours for pleasure cars. no will curve safety less to to 2 limit Sale Bond than with speed miles 60 per No. 161 (P. O. Ephrata), Washington Bond Sale—The $210,000 build¬ awarded to Seattle. 4 Grande & were Co., of bonds awarded Securities 1974 inclusive. Oct. on Sept. Channer — The 28—v. awarded 180, cor¬ offered 1051—were p. the to $560,000 bonds purpose Northern Trust Co., both of Chicago, jointly, at a price of 100.40, a net interest cost 1.80%, $440,000 13/4s. Due 1955 to 1970 120,000 2s. Due 1971 to follows: as on Sept. 1 from inclusive. on Sept. 1 from 1974 inclusive. Burlington (City and Burlington, Rochester and Spring Prairie (Towns) Union Sch. Dist. (P. O. Burlington), Wis Bond Sale—The ing $295,000 build¬ offered Sept. 23 were Halsey, Stuart & Co., Mullaney, Wells & Co., both of Chicago, jointly, as P/ss, at a price of 100.16, a basis of about bonds awarded to and 1.85%. 1, 1954. 1969 The bonds Due Hales on dated Oct. Oct. 1 from 1955 inclusive. by are Lines, Legality ap¬ Spooner & Milwaukee^ Corners & 1955 from to Merchants Bank, of Legality approved by Cutler, of Chicago. Orfordville. Chapman 1 1, & $150,000 build¬ ing bonds offered Sept. 27—v. 180, p. 1156—were awarded to the 1974 bonds Bond 000 eral Sale — The gen¬ School — Canadian $111,000 3s. An issue Bank of Com¬ a price 1965 Ont. An — issue of sold to J. L. Graham & Co., and the Canadian Bank of Commerce, both of Toronto, jointly. Due serially in 20 years. (Province of) Sale—An issue of $50,Hydro-Electric 3V2% 000,000 Power Commission bonds was re¬ a Canadian syndi¬ McLeod, Young Co.; Wood, Gundy Co., Ltd.; Bell, Gouinlock & Co.; Dominion Securities Corp.; Mills, Spence & Co.; A. E. Ames & Co.; Royal Securities Corp.; Midland Securities Corp.; Dawson, Hannaford, Ltd.; Cochran, Murray & Co.; Harrison & Co.; Fry & Co.; Matthews & Co.; Collier, Norris & Quinlan, Ltd.; R. A. Daly Co., Ltd.; Gairdner & Co.; W. C. Pitfield & Co., Burns Bros. & Denton, Ltd.; Harris & Partners, Ltd.: James Richardson & Son; Equit¬ able Securities of Canada, Ltd.; Anderson & Co.; Bankers Bond Corp.; Bartlett, Ca'yley & Co.; Brawley, Cathers & Co.; J. L. Graham & Co.; Charles H. Bur¬ gess & Co.; Fleming & Co., and Walwyn, Fisher & Co. Dated Oct. 15, 1954. Due on Oct. 15, 1979/ The bonds are call¬ able as of Oct. 15, 1974. Principal and interest (A-O) payable in Weir lawful & Commissioner's bankers The of or any bonds the sion, are in of the major cities. direct obligations Hydro-Electric Commis¬ and will be unconditionally Richmond Hill, Debenture $212,000 Sale 4J/4% Aug. 1 from on 1969 inclusive. dated are Sale—An school issue bonds Aug. of 1, $103,- sold was group compised of J. T. 4.01%, — Ont. An issue of public school de- as to a Gendron, to Sept. 1 inclusive. Due from Sept. from on 1964 on 1 ■ 1974 inclusive. bonds 1954. follows: Due 1965 to The dated are 1 ' Sept. 1, Interest M-S. Medford, Que. Bond Sale—An issue of $40,000 public improvement bonds was sold to A. E. Ames & Co., Ltd., of Toronto, at price of 97.46, a interest cost of about a 3.67%, follows: $15,500 3s. 1955 Due to June on 1964 24,500 3V2S. 1 inclusive. Due from * ■ June 1 from on 1965 to 1974 inclusive. The bonds 1954. dated are June 1, Interest J-D. St. Isidore-D'Auckland School Commission, Que. Bond Sale—An issue of $91,000 school bonds Inc., of was sold to Montreal, at Belanger, price a of « 98.35, a net interest cost of about 4.15%, follows: as $72,000 3Y2S. 1955 19,000 to The 1954. Due Oct. "i from on 1964 to inclusive. Due 4s. 1965 on 1974 bonds Oct. 1 from inclusive. dated are Oct. Interest A-O. DIVIDEND NOTICE FEOfflAL FEDERAL PAPER BOARD CO., Inc. Common & Preferred Dividend:' The of Board Directors of Federal Paper Board Company, Inc. has this day.declared the following quarterly dividends: 45^ per share on Common Stock. 50< per share on the 4% Cumulative Preferred Stock. money Ontario, as Commission, Que. 500 of Canada, at the purchaser's option at any branch of the net in- a 3.84%, Interest F-A. Bond as Esquesing Township, Ontario the Aug. 1 from on Due to bonds The net ONTARIO Bond $150,to 1964 inclusive. 39,000 3i/»s. of Due serially on May 31 from 1955 to 1974 inclusive. was about Due 1955 to 33,500 4s. all of Toronto, at Sale of $70,000 3s. of 102.79 Debenture of sold was follows: $325,000 merce, issue bonds cost 1955 the 1, Commission, price of 96.66, a terest about Nanaimo, B. C. and June Element, Guimont, Inc.,both COLUMBIA Debenture}' Sale dated are of Quebec, and Dawson, Hannaford, Ltd., of Montreal, at a price of 98.04, a net interest cost of CANADA BRITISH from L'Ancienne-Lorette School $450,000 obligation water bonds ofSept. 27—v. 180, p. 960— fered 1 Clement, Guimont, Inc., of Que- Douglas, Wyo. Bond June inclusive. Sale—An school 1954. WYOMING (Village) and Franklin and Greenfield (Towns) guaranteed by the Province. Le¬ Joint School District No. 1 (P. O. gality approved by Daly, Thistle, Judson & Harvey, of Toronto. Hales Corners, Wis. Bond Sale—The to Interest J-D. 1954. bee, at Oct. Principal and inpayable at the (A-O) Farmers the dated are Due terest corpo¬ offered to Co., Chicago. bonds 1954. & Co., and McMaster Hutchinson & County? Moses Lake School District Sale—The $20,000 purpose were The turn¬ Appleton, Wis. Quarles, of Grant 24 inclusive. on Quebec cently sold to proved WASHINGTON 1960 Chicoutimi cate composed of to of Co., ing bonds offered Sept. 28 "arret, Fitch, opening of country. of several hours Square, Richmond, until noon (EST) on Oct. 13 for the purchase & Co., of At¬ rhite at Stone proved by Wood, King & Dawson, Co., all 8, 1959 Due Orfordville, Wis. Bond tures 222, Finance Bldg., Capitol bids inclusive. Due on June 1 from to 4s. The taken in this nett, Secretary of the State Com¬ Sutherland Ryan, Toledo Clement A. lanta, Kidder & Nov. 1955 $30,000 4V4% public school deben¬ (P. O. Richmond), Va. Room Equitable Securities Corpo¬ National County Sanitary District No. 2 Bond 1.60s. Other cate: & Henrico 1.60s. improvement 1.60s. State 400,000 as bonds education 1973 $81,000 3s. from ged terrain through which any simitar project has been under¬ of about 500,000 charitable and penal in¬ stitutions 1968 to sold to the Do- was ™ini°n Securities Corp., and the Fa?!,adlan „Bank o£ .Commerce, k °, QT2!j °' l°.lnt£y> at ® PI1C? o£ 9,8;203na ne£ interest cost about 4.12%, as follows: < ceremo¬ turnpike, Beckley to Princeton, West Va., took place on Thursday, Sept. 2. The 88-mile long West Virginia Turnpike traverses the most rug¬ of VIRGINIA 1 Oct. 1 from on school bonds 44,000 1967 inclusive. to Ayer's Cliff School Commission, Quebec Bond Sale—An issue of $125,000 from 1960 as Crowe, of Dallas. # 300,000 Monday, dedication Beckley, West Va., to Charleston, West. Va. Official de¬ 1, 1, 1959. Principal and in¬ (M-N) payable at the First National Bank of Dallas. Legality approved by McCall, Parkhurst % 1955 of from Sept. follows: section WISCONSIN Nov. Co., of Chi- Washingmtas 2s°, Nov. 1 from dated are & 4y4% water works im¬ provement debentures was sold to nies will be held. This section of a group composed of J. L. Graham the turnpike extends northward & Co., Pemberton Securities Ltd., terest about for v Dickson 120,000 2%s. Due America's newest expressway, the West Virginia Turnpike, has been porate of inclu¬ 1974 northern the of inclusive. 2.25%, as follows: $190,000 2s. Due on Oct. West Virginia (State of) Turnpike's Northern Section 1975 inclusive. 'bonds S. callable after WEST VIRGINIA Nov. price a cost to are Thorgrimson & Horowitz^ of Seat¬ of 100.05, a net 1.59%, as at will 10 years from date of issue. Prin¬ cipal and interest (M-N) payable at the County Treasurer's office. Legality approved by Preston, 1954 interest 1956 from 1 sive. 1155—were awarded to a syn¬ dicate headed by the Chemical Bank & Trust Co., New York The R. The Johnson, R. Treasurer, Nov. 1974 about inclusive. 1974 Offering—L. County QUEBEC Co., Inc., of Toledo, jointly, at a price of 100.47, a net interest cost of Washingion , from cago, and Braun, Bosworth & *15 hour. 395,000 23/4s. Due 180, p. City, August on Peninsula School (P. O. Tacoma), District No. 401 Bond from 1 County (P. O. Rhinelander), Wis. Bond Sale—The $310,000 court house and jail bonds offered Sept. 23—0. 180, p. 1156—were awarded pike grades do not exceed 5% and 1 7 inclusive. 1969 to County, ■ 1 Oct. on inclusive. jjue 1972 Due to Oct. on inclusive. Oneida rate Pierce commercial 1964 inclusive. 1958 to $5,350,000 Nov. on 1957 the Bank, and & Son & Co., both 1971 1956 to The $335,000 2s. Due 180, to Seattle, jointly, as follows! $108,000 2V2S. Due on Aug. 15 from lows: 335,000 2V2S. Due 28—v. 1963 Dallas, Rauschor, Pierce & Co., San Antonio, First Southwest Co., Dallas, Columbian Securities (State of) Sale —The Bond bonds in Due sold was tax of 27,0uu 1971 to gen¬ National Wm. P. Harper when general County Tennessee to posed of Nongard & Co., Chicago, E. Kelly Brown Investment Co., Bank, of Seiverville. Legality approved by Chap¬ man & Cutler, of Chicago. Sevier 1960 Sale—An issue of $1,662,;- Bond Sevierville, Tenn. Offering—The Town will sealed bids until 2 p.m. Bond from Texarkana, 000 Le¬ Wash. awarded were Due 1970 32,000 2V2S. Ready for Traffic—Formal open¬ Due 13/4s. . the office. Sale—The 492, 1965 to and at $135,000 eral obligation, unlimited bonds offered August 17—v. p. 48,000 2V4s. 1956 Principal payable 1, & Horowitz, of Seattle. Bond to 1964. TENNESSEE < 1955 1962 inclusive. of Pierre. Bank . IV2S. 30,000 from Due Oct. from 1 Treasurer's Co., of Dallas, inclusive. 1959 (A-O) 1259—were awarded to 13/4s. $50,000 Pierre the to p. Oct. on Moses Lake, follows: par. offered bonds awarded 180, on Sept. 27— tle. offered the First Southwest Indep Sch. Dist. S. Dak. Sale—The $220,000 build¬ Bond bonds revenue $10o,000 water Dated inclusive. grimson Corp., Texas Co., of Chicago. DAKOTA SOUTH of San a.m. gality approved by Preston, Thor- Paine, Webber, Jackson & Curtis, of Antonio, Rand & Co., Roose¬ velt & Cross, both of New York,, Russ & Co., of San Antonio, Stranahan, Harris & Co., of To¬ ledo, M. E. Allison & Co., of San Antonio, Moroney, Beissner & Co., J. R. Phillips Investment Co., Inc.? both of Houston, and Allan Blair Hendrix Due 1974 / the of bonds. County 630,000 23/4s. Due on Nov. 1 from 1982 to 1984 inclusive,,. Other inclusive. 10 Oct. 5 for the purchase of $53,900 Seattle-First 1960 inclusive. ; 1961 1979 at follows: as 2%s. 2,545,000 interest Inc., of & Mayes, ceive sealed bids until John Nu- interest net a to by Chicago, $550,000 3%s. Due 1955 Damman School 7 (P. O. Ellensburg), Wash. interest offered headed group & County, Channer Securities Co., and Mul- ! bentures was sold to J. L. Graham laney, Wells & Co., both of Chi¬ & Co., and the Bankers Bond cago, jointly, as follows: Corp., both of Toronto, jointly. Bond Offering—Lucille Veen$70,000 2s. Due on Oct. 1 from Due serially on Sept. 15 from 1955 huis, County Treasurer, will re¬ to 1974 inclusive. \ 1955 to 1964 to $4,300,000 elec¬ 63 District No. building Denton, Texas at Greenville, Wulbern, & First Na¬ Mobile, Scott, TEXAS Alester G. Furman & Co., cate: Heitner., Kittitas 1954. the Chemical Bank & Trust Co., New York City. Legality \ approved by Sinkler, Gibbs & Simons, of Charleston. Other .members of the synidi(M-N) Char¬ Cincinnati. of Nov. 1, as and & of Louis, of about 2.79%, inclusive. 1979 to bonds St. Doll veen 580,000 2 60s. Due on Nov. 1 from 1971 and Blewer, Bank, Horner Birmingham, Bank 29—v. 180, p. 1155—were awarded 1967 inclusive. 240,000 2V2S. Due on Nov. 1 from The of Bond Sale—The ' 1968 to tional inclusive. 480,000 2*4s. Due on Nov.,1 from 1962 to lottesville, Glynn, of from 1 Nov. on Bank, Peoples^ National Greenwood, S. C. ( 1383) Common stock dividends are payable October 15, 1954 to stockholders of record at the close of business October 4, 1954. Dividends the on Preferred Stock 1, 1955 to December 24, are 4% Cumulative payable January stockholders of record 1954. Robert A. Wallace, Vice President and Secretary September 21, 1954 1, The Commercial and Financial Chronicle announces *-> Above, you see the t the newest of the 111 New special lengths to make ; service. tures , we our new ... a branch a showcase for new building is archi¬ This to tecturally outstanding. new give office, modern and informal, is geared you the sort of service expected by the millions of New Yorkers who "come to Manu¬ But it takes more than a most a COME SEE OUR comes bank. First and foremost, it takes service. And this is beautiful a bank Youll be very why NEW OFFICE SOON! we went to FOR YOUR CONVENIENCE. to be . ?. how a philosophy Member Federal WE'LL BE OPEN TILL 9 P. M. TUESDAY, WEDNESDAY AND you stop i' by the new welcome 1 EVERYBODY'S money!" office of Why don't can Manufacturers Trust extraordinary facturers Trust when it building to make "Everybody's Bank?'' See for yourself how of service-can be translated into architecture* • city of beautiful business struc¬ believe this Monday, October 4, opening at Fifth Avenue and i3rd Street of special kind of building Even in this ... BANK Deposit Insurance Corporation THURSDAY, OCTOBER 5, - ■ ■ 6 AND 7V