Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 33

1 1 I.K il I i iiih! Marmar! I i Elect r'w Out pill Slums Increase NhV June 1 I or KKiniou Contract Lei Shipments Dmni M. WYOKK, June 4 t.l'r April shipment of gas ninKt'H I NKW YORK. I i.h Darling Stoi es Coi mii aiion, a i LANCASTKR, IK (hi. -Mi oo Hamilton Watch Corn i rial ional chain of I in wnmen land children's apparel i mi-it 1 1 1 it1 In i fi no i cm f-anii''! i i no 1 7 no. h-nW i pany has been awarded an lias earmarked three million' from nanufntui('rs totaled HUiOO units, down It per emit, front Mie same month a year ago, according the (Jas Appliance Manufacturer Association.

cm I (10; ci.rnm'n l'i on i oo Fund liuvino Conservalive NEW 4 (Special) One William Slrr-pt Fund, riw mutual fund jponsopvi by Lehman Brothers, Is buying pquily new, Dorspy Richardson, pi-psidPnt nf 1hP $220,000,000 Knlvrrt H. Snaith lias been (Inl) l.livlnc ills triliiileil hy Hie electric liutit Hiid power Industry ill the weeks ll (I 31 amounted to 1 kwh auainst In the liUe eek, an in-creasy of i Klths of I per cent according to thp F.dison Electric Institute. additional 51j million dollar, dollars for expansion of new contract, bv Hushes Aircraft store's and acquisition of other CANADA! Stanlcv Roth, i appointed general sales man agrr of Harmony Pairv Com-' rnwntnir fnr mate tivnrlllftinn i 1 1 3 1 11 execu- Vliif'nll I. 1 I i 1 i 1 of airborne signal data re- tie vice president, said today. I F.dcar Nve.

former assistant panv. lie- has ras i-77 rt-flkef Iat', JfiO jhil jh-i i a. n-; tie i so 7 t'M 00 1 1 1 on Tnn, mi 71 7' lno-t'-a ihj ii -n. r'u'N? I 7 s. no 1 Ml het ma'!" 00-2 Ofl.

piTl'iim 'o c-v-'i .1 'J 01 00 rr.mmin $1 1 no-1 on. pwm. sn-fi ttfthpr flO-P 0 0 rAIATS Rfip'. JtMfl rr rk tfpjirlv Cor-A to rfllrc. M) 00-13 00.

corrler equipment. been associated Mated In Ihfl nrnorlrnt Pntrir Radio Corporation dairv for i with the da Arthur H. MPKier, Darling's president, sart 1he new nPW business department. industry Pittsburgh Cleanups I To Markft New Set tl NEW YORK, June 4 "Pnin Cri- rn rn i fin Amnrira more than Jiin 4 $74 son nnrt $4 2 on onn I'rtl lilt" Jrl.M 1 1 Wrrk 7 4 fino nnn Vrar uro 7 1 nf) dOO 5n 300 ooo minium. 0n.2e.co, rulis nl enm-5 1 i no noo mon.

i oo oo. six of which have been with million dollars awarded Hamilton in November 1957. The recorder equipment for use in testing "Falcoln" missiles will be produced in Metal Distributor Is Named by I.rvrre Revere Copper and Brass, will market in the next 30 days a seven-band, all-transistor ra Cmirt'Ia Dry Corporation DIVIDEND NOTICE hr fnllowinj he Vi'i-n HprUri-rl hy thr Rnarrl of Dirctnrii Profrrd Stork A TfRutar nuarifr'T rlivirlrnrl of pr hari on the $4 25 Cumulative Prifrrrfd Stork, payable July 1, 195S to iKk kholdrri of rPcorrl at th clom of businraa on June 13, 19oft. Common Stock A quarterly dividend of $0 25 per share on the Common Stork, payable July 1. itnrkhnldera of record at the clone of hiuineia on June 13, 195S.

Tranifer hooka will not be cloiei. Checki will be snaUad. Harmony Corporation fJamintjs Hamilton's Hathaway instru Incorporated, has appointed the Harry T. dio, weighing less than 12 pouunds and operated by flash light batteries. The new Strato-World HI model has a stand- ment division plant in Denver.

7, Imme Federated Metals Division of American Smelting and Refining Company as a national distributor of Revere primary alu has been named man- Merchandise Sales Mr. Snaith ard AM hand, two ship-to-shore Nft Inrnrr.f (In IIUri f'rr Com. I9M iM 15R sb.iot 4n312 i 24 J.l VI 2ns 3 1 0,4 1 1.H12.704 .4 I 1 no ifts 000 onn in 4.sno ot 3 J45 T04.3H ill 4.791.MJ l.lll.TII Cnmpan fprlod Omit I Avianen Km mo Apr, 30 Textll 1 3 mo, Mr. 31 DiPSSPr ln1ustrl 1 mo Apr. ,10 Krnfrunn Fd (, PhPlIP 2H Wj.

M(r 1 HhimII Corp 4 mo. Apr. Nitl r. no 11 nn. Anr, )0 On-ini Pur.

irr. 11 m. Apr. 10 1 minum to the foundry and die- and amateur short-wave bands and four international shortwave bands. 1 hm riihB I1.J41, S'ener B'U.

V431 I7 kmn. Stores M.475 a-ifl. na injao' casting fund, paid tndny. "We are not concentrating in any one group and we are following a conservative schedule," Mr. Rirhardson said.

lie added that the fund, of course, could not make public what it is buying. Street sourres had reported that the One. William Street Fund is actively Investing in Mich Issues as foods, steels, oils, utilities, electrical equipment and grocery chains. Asked to comment on this, Mr. Richardson said those securities cover a broad group and many securities in those classifications could be found In the portfolio of Aruora Corporation, a private Investment company advised by Lehman Brothers, which One William Strpet Fund acquired May 29 when It commenced business.

Mr. Richardson said that One William Strept Fund is, by no means', accounting for a large volume of shares in current market trading. "The market is an awfully big place," Mr. Richardson ager of the Western Pennsylvania-Wheeling region by Pol-yohrome Corporation (office equipment', Yonkers, N. Y.

National Mine Service Company has become a cVs-trihutor for Charles E. Manning Company (couplings). Charles M. Spun has been appointed division engineer in charge of one of Mesta Machine Company's rolling mill design departments. Formerly assistant division engineer, he succeeds Franz J.

Walrischutz, who has retired after 53 years of service with Mesta. Mr. Waldschutz filled the post of division engineer for 30 years. Stephen 1 Osterweis, executive director of Gimbels here, announced the appointment of Bernard Stetx as buyer of A STORY OF TWENTY-FIVE YEARS AND HALF-A-SECOND said. The One William Street president also said that the fund has, at least temporarily, made "substantial" investments In short-term debt securities.

This, he said, was in keeping with the standard practice of putting large sums of money to work when not otherwise Invested. mens lurrusnmgs, replacing Maurice Gordon, who resigned to join Simon of Cleveland in an executive capacity. Mr. Statz was formerly buyer of men's sportswear. Chester James, buyer of men's sports clothes, will add the duties as buyer of men's sportswear to his present duties.

Flmer Klein, group manager of men's sportswear at Gimbels North Hills, has been appointed associate buyer of men's sportswear. No successor to Mr. Klein has been named. I I I Twenty-five years is the time a nhort time as businesses go in which C. J.

Devine Co. has grown from a small beginning: to the largest firm in the country specializing in U. S. Government Obligations, and a major underwriter and distributor of Municipal Bonds. Half -a-second, roughly the twinkling of an eye is the time it takes to consummate transactions and flash market changes on our quotatipn board and to a network of offices and customers from coast to coast.

Between the twenty-five years and half-a-second there's a dis Market Action In Commodities By the Ansoelatert Pres! Commodities for future delivery moved uncertainl in trading on' New York and Chicago exchanges Wednesday with gains roughly equal to losses. Movements in both directions were narrow for the most part. Coffee was off .10 to .40 nf a cent a pound and copper declined .27 to .34 of a cent a pound, while smaller losses were absorbed by sugar, rubber, lead and zinc. On the other side of the Anniversary At Devine C. J.

Devine Co. the nation's leading firm specializing in U. S. government securities and a major underwriter and distributor of municipal bonds is celebrating its 25th anniversary. Founded by Christopher J.

Devine in the depression year of 1933, the firm almost immediately became a major factor in the marketing of U. S. government obligations, establishing quickly within the first year fivebranch offices in Boston, San Francisco, Chicago, Philadelphia and St. Louis. During the 25-year period its business has soared from modest volumes initially to hundreds nf millions of dollars in an average working day.

Today the firm has a network of offices in principal cities from coast to coast, including Pittsburgh, and does business with thousands of banks, corporations, insurance companies and other institutional investors in every one of the 48 states and abroad. Daily at C. J. Devine, hundreds of millions of dollars in these securities, and millions more in municipal bonds are transacted many taking place in a matter of seconds. tinct, meaningful relationship: For without the knowledge, judgment and speed, it is doubt ful that C.

J. Devine would oc- ji fence, cocoa moved up .10 to .29 of a cent a pound, a comparatively minor- movement for this wide-ranging staple. Grains, too, moved In a restricted range at Chicago. Rye ended of a cent to 1U cents a bushel higher after a 6trong finish, while soybeans were down of a cent to li cents 1 fc 1 cupy us pre-eminent position in the market for U. S.

Government Obligations. DailyatC.J.Devine.hundreds of millions of dollars in these Securities, and millions more in Municipal Bonds are transacted a bushel. Oats rose fractionally, but wheat and corn were mixed in a narrow range. -many takinir place in a matter tl-w of seconds as the firm provides vJ i-s ciose, primarymarKetsanaswin, i-r i ii i r. i i i i i a i ii a viii iff.

"k'rsSft sure service to banks, insurance 'jT companies, corpurauons, pension '''1 vCT'' funds and other institutional in i ns .7 I 1 vestors throughout the country. I Vf I W' Lhf, Daily, skilled specialists are yit iW uy'ni? an( Bein8" large blocks of Governments; recommending i xV.J-. -)ppecinc issues ior EizaDie insu-tnti'nrial nnrffnlins snnnlvinrr in. -y formation or making prompt, TBFsn or rmrr. NKW YORK.

June 4 'P The A Mortal ed Press wetcieri wholesale prire Index of 3S tndnv dr-f'llned in 74. Preuous dar, 17a 41.. wrK aso. 174 00; month ato. 171 04, yrar atn.

17fi f-'l. loa lonT ifina HlE'l 1 7 fi 32 1M.77 1 Sfi 1 177 14 I.OW 1PB 35 1 75 79 1 BSJS 1 2 6 averaie eriiiaij 1 no 1 MW IOBK COTTON riTI BH Open yljh liw Cli.se Cie. Oil So 03 Sfi OR 04 Or I ,1134 41 3R31 3 3 .03 Dor 3i 4 3fi SS 3fi 44 31 SO 04 Mar 3R 67 74 3fi ai 3a so 03 3d 7(1 36 7 5 S( 317(1 02 inly. 301 7 3ai Or; 33 9 34 31,93 34 03 doiloir fpot, 3fi 30t, unrhanted. 1 Nominal.

CH1C4.GO GMIN FI'TVRFI Wheal Trer. Ooen. H'sh Xyiir Cose Clrwe, 1 S3', 1 S3', 1 sjij, 1 aj 1 Vi Sept. 1 R6i, 1 8S 1 SM, 1 l.an, Drr 1 91t 1 92'a 1 1 92', 1 9 1 s. I 1 91', 1 1 May.

1 93', 1.94', l.B2oj 1 1 94'n Corn Jnlv. l.iai, 1 jii; 2oij 1 0,. 1 2.V( 1.24-S. 1 2.V 1 24', 1 24 1 19, 1 )n, 1 1 pj j-1; 1 23 1 23', 1 1.22' 1 23', Corn Newt nr 1 20', l.jnu 1 it, 1 21', 1 20 1 23', 1 1 23', 1 23 1 23', Oa'i: nrj .2. (I3, M'.

.67 J'l'T. .111 1 J4'i 1 IVi 12,1 23 Sept. 1 24ii 1 2m, 1 24', 1 21', 1 2S 1 27', 1 1 27', 1 29 1 Mar. .130 1 1 29', 1 3ns; 1 30 Julv. 2 27'J 2 27', 2 2 27'; nv, 2 241, 2 24', 2 22', 2 23', 2 2 Nov.

2 2 2s, 2 22 2 20', 2 21, 2 22', 2 21 2 21', 2 24', 2 2V, 3 21' 3 29', 2.29'-, 3 2fl 2', 3 3i, Urd: July 1335 13 43 1 3 2S 12.37 13.33 accurate decisions on the newest developments in money markets. While this message marks the completion of 25 years of service, whatever success we have achieved is far more than a story of high volume figures and mate- i- ti -i V-N rial asHt'ia. ih primarily a ewiry of human beings working to- Sells Accounis Boggs Puhl, Inc. has sold Its accounts receivable, consisting of regular charge and budget accounts, to Continental Commercial Corporation. A.

M. Pivtrotto, president of Continental, said that Continental, In line with its diversification program, has established a department to make bulk purchase of all types of accounts receivable. D. VV. Hartney, vice president, Is in charge of this department.

Pcnnsv Loads Fewer Cars Carloadings on the Pennsylvania Railroad for 1he week ended May 31 were 73,925 cars compared with 97,999 cars in 1957. r- For the year Ihe railroad loaded cars compared with 2,167,162 in the like 1957 period. Dravo (if Is Contract Pravo Corporation has been awarded a contract by the American Steel and Wire Divi-nlon of United States Steel Corporation fnr two conlant systems for a 32-inch, 4-high reversing mill at the company's Cuyahoga Works, Cleveland. gether -of lasting personal friendships and loyalty of clients. As we begin our second quarter century, the staff of C.

J. Devine Co. looks forward to continued growth to growing in the only way we know how by justifying the continued confidence of those who contributed N4J miCACn CASH fiRAIV No wheat or aovhrarfia. eorn: Vo 1 TF-llow, i No 2 vellow, K1.3S-1 No. 3 Vfllow, t.34W.

No. 9 yellow, .28. Oals: No, 1 heavy white, sample grade while. I0I7C. Roy bean oil, OV10''r: anvhran meal Jc.4 no Barley: maitini, rhoire, Kr "1 7 HAY i 7 so much to our success through the years.

$1 201 lead, MINNFAPni IS WHMT FI'TI RF Oppn. H'sh. Orea 2 l4'i 2 IN 2 13'4 3 2 0T, 2 03', 2 2 03' rilTSBIKt.ll FCI.S A NO Pdll.TRY A 1 ft Tbe Federal S'aia Market Newa Servlr repntl, the toilnwin? lo retailer IIWSNMW WWW "www-iycsMwawws' sume ronimer rrade, Inrtudlna I'n'ted 5'a'e, p-nded fi-'re-door deinerv rar'oped. one-rase sale Grade la-re. wluie, 4fii2-o-1r; g-ade A larze, brown and milted Crade A med'iim 7 1 wh.te.

brown and mixed. 43-4ir Grade la'TP. white brrwnand mixed. pouPrv Broiera or Iryera. 10,.

Filtshurgh Hanks 3-4 lbs henn. 3-4 Plrl lb 29-34r- hens over 4 Iba S9-4V; turkeva, frpKh, 4 -a lbs 4V4r: diKka, froren, 4-1 44-49C; raponfttei, Iroien, 4-6 49-50C. 10 'PenpleaK iPl'nMrK 7 IS 87 PotterBK 24 ISt. Clair 24 41lfhTr 31 Avalon Ion Brookltn 14 ComwTr A Cnrapoli 3fl Fldfllly 7S Hilltop 120 tronr 200 Mellon 121 rtlllCACO Tref UyWKWcrn4jiW4 l'n Nat Weal End 20 Salea Open. High.

w. Close flnae. en. 93 37 0 SS.SS S7 0 3 50 37 f) Weat a 29 Direct Wires to Offices from CoMt-to-CooAt 130 Ort. 313 37.75 30 45 37,75 3 45 37 15 Nov.

1 2 37 40 3 00 37 40 3 00 37 40 Per. 21 31 50 37 10 31 50 37 1 0 31 50 Jan. 13 36.10 31 in .35 fi5 31 00 niicAc.o rs hi ttfr ant rr.r, Butler no tone, wholesale veiling prlrea 1933-1958 vjnrhanern. 93 srore aa. 92 a.

571. 90 B. 9 r. unouotrd no tone: wholes, selling prtrea '-jC lower to trr. hlrher; 10 per rent or better Grade a.

whites. medium eatrav alandards. 33-3 TjC rnerks. DEVINE (ri iif mi, rrticr jrm cnvsoLinvrrn Yubn Consolid-ited Indualflea, Inror-raied. ahruld turn better thin $1 a Viire this vear despite htfher Inrorpe liaxes than a vear aso when rarrv-hark were available a.i r-rdi'j.

were told at the annual meeiini: In 19i7 the rompanv earnrd 1 700.000 IS emu a ahare I. MeCara. preai-flm. Indiraied thai divtdeods will be tltrrased when earmpjs permit. PBINTFR Kleinsi-hmirtt UN'ralorej, lnr a b-ldurv of mi'h-Corona.

Inr drmop-it'ated the pioiotype m'viel of a tape ineatage printer to run ai 7o0 orda a minute. The devire at developed Kleinschmldt Inr Ihe United aVUea Army Pltnal researrh and develop-nt laboratorj. fort Monmoutl), N. J. EfS tMrROVFMKNT Great Western Sujar Companr "promising prnsperta (or eontlnuinf Im-rovement in earnmf dependinn on ihe weather and teneraj husnf conditions.

rank Kemp, presldrnt told tin annual Bradiotd TranaiM 14 15 Bradford (National Transit I 4 15 PennsyUania (National Translli 3 97 rennsvh ama i Southw est 3 Pennsylvania (Eureka 3.50 48 WALL STREET NEW YORK Chicago Botton a Philadelphia a Washington Pittsburgh Cleveland Cincinnati St. Louie a San Francisco Clow HAW HIDR FTTTRF.S Hith. Oct 13.00 Bid. 13.95 13 00 iroAn Avn rocoA Baw apot rjaj. een'a.

nrminil. Spot teat cocoa, 48'4 cents, nominal..