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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;

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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