-

« 1 t • -

Market Forecast To Be Discussed

•'What's Ahead for Business and the Stock Market in 1960" will be discussed on Educa­tional TV Station WNED at 8 Tuesday night (Jan. 5) on "In­vestment Classroom."

Program host Henry Har-

Cr. veteran i n v e s t m e n t oker and resident manager

of Shields and Co., will talk with Dr. Austin S. Murphv. dean of the School of Business Administration at Canisius College.

This program will be the ninth in a television series of 28 productions on stocks and bonds.

I •

.-*

u

Petroleum Products Demand Hits Peak

NEW YORK laV-Domestic de­mand for petroleum products hit a new high in 1959, Presi­dent Frank M. Porter of the American Petroleum Institute reported.

In a yearend review, he said the gain was more than 4 per cent to an estimated 3.473,000 -000 barrels.

Porter estimated that total demand, including e x p o r t s reached a record 3^58,000,000 barrels.

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> 1954 19SS 1954 1*17 tt 1959

American Stock Exchange Labor Bargaining Front Rough Continued from preceeding page

Sales in Net 100$ High Low Last Chg.

171» 15-1* '4 26'» n **•

3-16 4V» DM

35

.SibontyCar SignalOA .Mb 7210 44 SignalOB 80b z2S50 *6 Silex Co 4680 10"» SilvCrkPrec 45022 4 ^ Sllv Miller 13011 11-14

.Silvray U .30 3241 6 ' i Simca .30g 1411 13 SimmonB pf3 13210 42 Simpsons .60 610 4 I ' i 31?i 3 3 V J - V* SincVenO 2 Z3850 187 105 110 - 5 0 SingerMf 2.20 6449 5»Vi 4 5 * 54 + 1 SingerLtd .16g 1011 13 4 S -I- IV* Slick Air 6620 m 3 5 V I + 1'A SmithPap 1.20 34 47 ' i 41% 43 + 3 Sonotone .2* 9431 17% fV> 13%+3Vj

WaittBd pf ^ J s J l i l W a l r r i a r n P r e e 3 3 m 4% W i » - i i i / , | W e b b Knapp 50536 2' • S L . i « 2 \ m U k K pf6k 1 59 117 • B + 6 Websterlnv .87g 146 32 ? * . _ vi Welman 1413 5'/4

*L_3-16 Wentwth 1384 4'A j £ _ i J WesfCdn OH 2474 2 7-16

Sales in Net 100s High Low Last Chg.

15350 29% WM 21 - 5V4 IWJ VA+ VA VA l ' / 4 - '.%

90'/i 9 T A - 1 8 22 30 ' , .+ 6% VM VM+ % 2 3Vt+ l'/i l'/4 1 5 -14 - Wt

7 M i - 3'/» 3 6 % + VM

i SossMfg .20 7 18Vj 21 53 Vi

7 % - '4 2 2 % + I f - • 55'/%- VM

RETAIL SALES RECORD — U.S. retail sales resumed their upward climb in 1959 and set a record of $217-billion. The outlook for the first half of 1960 is for a 2 to 3 per cent increase. Department store sales in the metropolitan Buffalo ended the year 3 per cent ahead of the total for 1958.

1959 Annual Trades . . . 1999 19541 19S7

I f Y Stock* 1518 15U 1523 N Y Bonds 10T7 986 953 American Stocks 177 855 155 Amt i rcan Bonds . . . . . . 54 54 57 Midwest Stocks 385 395 389

? .20 917 9Va

.50 393 25% SoPennOn 2 1674 38 SCE orgpf2.60 Z6740 60 SCE4.8tet 1.22 377 26 tVh 23 ' /4- % SCE 4.78pf1 19 542 25% 22Va 2 2 % - VM SCE4.32pf 1.08 812 23Vt 19% SCE 4.24pfl.04 449 22Va 20'A SCE 4.0tpfl 02 182 22 19'/4 SCE 4.56prefl.14 23 57«/4 53 SCE4.48 pfl.12 138 53% SoCalPet SoMater .60 So Pipe L SouthRoy 3b Soear&Co SptnSiioe I t Sparry R wt StahlMey StdDred 80d Stored pn 60 StLawrCp 1 StdFinan .44 StdForg .60a

483 870 213 242

7793 1371

2)952 840

3567 76

5*6 17'a 10% 84

4 1

2474 20 ' i 2926 9'. a

20% 1 1 % 15' i 14% 21 Va 28

1511 2 n * 16Vi

24'/a 6

14% 18 VM 5'/4

15'/a 14Va

HEATING and COOLING

IN 1960 BUDGET NOW!

ILLIAMSON HEATING & COOLING

StdOilKy 3.25g 655 72 StdProd .40g 1321 17' x StdShrs .80g 862 StdThom 2153 StTubeB .40g 2433 StanleyAv .40g 77 qStanrock Mr 22979 StarerttCp 5111 St i r rer ! pt.50 308 Statacourt 198 Statham In 4035 43 SteelCan 2.40a 388 94Vs Steal Parts 40g 414 10 Stain 1 695 MV4j SterlAIPd l a 946 25 SterlBrew 1 54 18% Sterl Prec 29362 5Va Stetson 1 144 24V4 Stinnes 671 46 StoneCont .80b 371 StopShop .40b 382 Stroock .50g 398 Sty Ion Cp 8929 Sunsetlnt .08p 8395 SupTool 2158 SymWay wt 2583

2 0 % - 1 % 2 0 % - 7M 1 9 ' a - 1 55 - . . - . . 5 0 % + 1 % 5%+ M*

13VS+ 1% 6 % - 1 %

7 1 ' / * - 1 1 % 3 - V*

1 9 % + VM 9V4 l l 'A . . . 4Vs 11 + 6%

1 3 V i - 2''a 2 4 % - 3% 18%+ 1 % 9V»+ %

1 6 % + % 4 3 - 4 14' / i+ VM

46 3

1 1 %

70 2Vt

12 24Va 14>/4 8Vs

WChemPd 1 225 23 16% 17% WTexU pf4.40 21020 9 1 % 82 8 2 - 8 .Vn Develop 2640 4 VM 3 % + % Wn Lease 259 4' a 3 9-16 3 % - % WnStln .006g 10312 % 3-16 5-14+ '/• WnTabSta 1.40 166 35 27% 2 9 % - % WestmCI .B7t 383 42 27% 2 7 ' 4 - 4% Weslmlnl.20a Z6675 3 1 % 26 28% . . . WeybergSh 2b 27 50 37'/a 44 '4+ 4% White E Int 4796 1 % % 11-16- 3-16 WhitStagA .75g 444 WichitROit 1237 Wiceks .60 211 Wms Bros .75 900 WilliamsRC 1043 WmsMcW .37d 3840 Wilson Br 4779 45% WilBr pfl.25 158 21 WiscPL pt4.50 Z136U 100 Wood, J 1.60 12420 3 1 % WoodNM .90 731 19VS

50 1 % 2 1 % 4%

18% 20 Va

1% 16%

17% WM 1 %

15% 11 3% 9%

13% 18 85 26%

12%

41 12' /4

3 7

>4 234 9^4 5%

23 7) 4

15% 17% 15% 2%

19% 30%

26% 21 Va

2 1 % 23 -3 - 1 %

1 1 % + 4% 10% .

% - 1 % 4 % + Va

12%+ % 8 + VM

3 5 % + 8% 92',4+21'4 9 % + 3%

24 + • % 19%+ l'/a I6V4+ 1 % in......

2 0 % - % 4 3 % + 9%

1 % - % 18% 12% . . . 3 % - 1 %

1 0 % - 3% 32% .. 1 8 % - % 8 5 % - 7% 30Va+ 2%

14 + 1 Woodallln 1.20b 306 30% 2 1 % 3 0 % + 7% WoodleyP 50b 82J 68% 42 4 9 % - 1 9 % WoolwLtd .179 49 9 6 15-16 9 + 1 % WoolwLtd pf.Wg 5 3Va 2% 3% . . . . WrightH 7380 1 % 1 3-16 1 5 -16- 1-16

Zale Jwly 1 718 29% 17% 2 1 % + 4 Zap Otf-Sh 996 9% 7% 7% Zapata Pet 2552 9% 4% 4 % - 3%

z— Unit of trading less than 108 shares or sales in ful l .

Rates of dividends in the foregoing table are annual idsbursemenis based on the last quarterly or semi-annual declaration Unless otherwise noted, special or extra dividends are not included.

a - A s l o extra or extras. b - A n n u a l rate plus stock dividend. d - D e c l a r e d or paid in 1959 plus stock dividend. g - D e c l a r e d or paid so far this year. f - P a y a b l e in stock during 1959 estimated cash value on ex-dividend or ex-distribution date, e -Paid last year, h - D e c l a r e d or paid after stock dividend or split up. k—Declared or Paid last year, rt—Declared or paid after stock diviaend or split up. K—Declared or paid this year, an accumulative issue with dividends in arrears. p - P a i d tnis year, dividend omitted, deterred or no acton taken at last dividend meeting, r—De-

Continued from Page 15 ployed on the Niagara Power Project and other big jobs will receive an automatic 20-cent wage increase during 1960—the final year of their three-year agreements.

On the legislative front, or­ganized labor suffered when its leaders considered a severe set­back when Congress passed the Labor Management Reporting and Disclosure Act of 1959. Effects of the new law, which I Q " ' Hnraitai Ok. Part puts stringent controls over ° a e H o s p l u l " K s ' d l

front,was highlighted in 1959 by a concerted effort to bring more than 2,000 non-professional workers at 12 Buffalo area hos­pitals under union contracts.

Three AFL-CIO union* — the Laundry Workers, Hotel & Restaurant Workers and Build­ing Service Employes — com­bined to form the AFL-CIO Hospital & Nursing Home Or­ganizing Committee and pro­ceeded to sign up hospital work­ers

16% 4% S's 4% 9%

21V> 21. 4- 11 'alien oi ' " I aiviuenu I U C C I I H ^ . • — i^c-Mvk 1? J 2% clared or paid in 19a8 plus stock dividend. vj i?7/ ._ o i l t - P a y a o l e in stock during 1958, estimated 2% 3% 2% 5%

cash value on ex-dividend or ex-distribu-

5077 4837

A Wil l iamson unit w i l l give you 12 months a year of luxurious comfort. Wil l iamson cooling units a r t of highest qual i ty and guaranteed performance. Installation costs a m kept at a minimum. There are models for largest commercial use or home size units. Ask UM for an estimate for your of­fice, business bui ld ing or home instal lat ion.

TatonA 1 TalonB 1 Talon pf.40 TampaEi Taylorlnt Technico Tel-A-Sign Teieprom Telev Ind renney Eng Texam Oil

>TexPL pf4.S6 12850 Texstar 52827 ThewSnov .10g 1397 ThompStar 15127

iThomSt pf.70k 1004 ThorofM lb 636 34% ThorncliffePk 906 14>* Thrlft iA 1.20b 1392 36 Tilo Rf 1.40a 869 24 TobSec .39g 19 13 TobSecD .1/g 117 5'a

494 18'a 14% 735 m i 14'4 51 8Va 7Va

147 29% 24% 40 11 9%

15708 10'• 5% 4671 3% 2

2638 22'. a 9 2679 m 3Va

17% VM

97 3%

31 J*a

17

3%+ 33J.Z. 2 1 won date. y -L iqu iaa t ing dividend ! % - l v i e ld -Ca l l ed . x d - E x aividend. x - d i s - E x I _ «a distribution. x r - E x rights. xw-Wi thou t

; warrants. w w - W i t h , warrants, wd—When oistriouted. w i - W n e n issued. n d - N e x t _, f a „ t j n n c , _ * 1 1 m p m

17 + 2Vi 'day edlivery. w t - W a r r a n t s . u r - u n d e r a n a t a c i i o n s Ot l . H U U - r n e m 16%+ 2 rule. ex t -Ex tenoed voting trust agree-7Va— Va ment.

the internal affairs of labor or­ganizations, will be felt for the first time this year. Big Campaign Drive mapped

Passages of the law prompted the leaders of the labor move­ment to place greater emphasis on the political activities of unions. And labor leaders, on the national, stale and local levels are gearing now for a massive campaign to elect can­didates friendly to labor in the 1960 Congressional and Presi­dential election.

The long-await«|d merger of Erie County's two central labor councils—the Buffalo Feder­ation of Labor and the CIO G r e a t e r Buffalo Industrial Union Council—was completed in June.

The consolidated organis­ation, called the Buffalo AFL-CIO Council, hat more than 400 affiliated locals represent­ing about 100.000 union mem­bers in the county. About the time AFL-CIO

unity was being achieved here, a heated internal union battle between the AFL>CIO Ameri­can Federation of Grain Millers

crease business and create more jobs at Bell's plants here.

Unemployment continued to be a problem, in the opinion of local labor leaders, throughout 1959. Joblessness topped the 60,-000 mark last January, declined to the low point for the year of 46,500 in September and then increased to about 55,000 in No­vember. Some of the layoffs were blamed on the steel short­age.

BUFFALO COrfl IER-EXPRESS Monday, Jan. 4. 1960 21

Fold-up Metal Tube Production Hits High

NEW YORK, Jan. 3—Fold-up metal tube packaging reached an all-time high in 1959 and tubes are more than holding their own in the packaging field, the Collapsible Tube Manufacturers Council said.

It estimated pr duction at 1,138,000,000 tubes, up 13 per cent over 1958. Toothpaste dis­pensers again accounted for a little more than half of total production, the Council said.

8% 1 %

88 l'/4

IB VM m

>i 10 28 17% 844 3>4

28% q—m bankruptcy or receivership or 10% be.ng reorganized under the Bankruptcy 9 % + 2'/4 Act, or securities assumed by such com-2>4 panies. 1 2 % + 1 % A M E R I C A N BONOS 3V4- 1 % AmStl8.P 4s94 105 aO 36 ' i 4 7 + 7 9 ' 4 - 3%iAlsco 5'2S/4 33V7 laU'.i 9V 139 1 * i _ H ' A p p E P 3>4S70 1151 92 83Vi 8 4 V t - 6V2

51 123'4 120 120Va+ V4 8 9 - 5 BethSt 6s98 I 1 a BostEd 2'4S70 655 a/%

1»34_ 5% Chemoiiln os/3 243 7 1 % 3 + V.t ChiTrans3%s/» 766 86

14 + 5Va xDanzigP 6Vas52 36 19 21%-12 '4 DLW NJ 4s»JA 5/5 56Va ll ' /a DLWNJ 4s9jB 382 30?s 2 8 i , _ 434 DenMBk 3SUiK 40 lu2'4 iV/t+ VM FinRAAB 5s61st 12 98'a 13+5 11-16 GermBk 5'4S6/A 25 95

5Va+ l ' i GermBk 4 '«67B 4 92

79% 57 80 16% WM JO

8 2 % - 4% 63'/a+ IV4 8 2 % + 2% 16Va+ V* 4 7 - 6 3 2 % - 2%

98'/4 100 - IVa 97% 98Va 93V» 94Va 90 92 . . . . . .

REZNOR SPACE HEATERS REZNOR i t the wor ld 1 largest selling flat unit heater. There

mtm units for every requ i rement f r o m t m o l l g a r a g e or shoo

sites to g ian t industr ia l models . I f you need heat , or cooling

ferns, check the REZNOR line. Cool ing units can be combined

f o r summer air condi t ioning.

ToddShp 1.54g 834 38'4 24% 25Va-lO"4 GtWFin 5s/4 1011 119'A 111 113V'a 1 TolEd pt4% 100 90 7 7 ' t 7 7 ' , - 7'.» ! Guan&W 4s/0st 258 47 20 20V4-25V4

; TonopAA .10g 1479 3% 2% 3Va+ Va i I talPwR 6' jsct 964 85% 78 81 - ' / a Topplnd wt 495 3% 2% 2% j AAarBra* 2'as2008st

! Tow Ace .33 1527 10'4 6% 7 % + % 15 65 TransCubOilA 28699 11-16 '/• VA- %!AAidlandV 4s63st 20 89

7 9' /*+ % NBellH 5Vase*wi 196 125 13V'a 17' 1— 2'a NatRescn 5s7o 5513 168

TransLux .30g 1561 14'« TransCpA .30o 2450 22% TriCont wt 5251 3 1 % TriangleC 1.20g 517 39>/i TrueTem 1.20 731 24

u \ Unexcell Ch 10489

UnGCan .40 263 Unlnvest 60 179 UnStkYdO 1.40a 89 UnAircPd .25a 4640 Unit Asb UnCanO&G

25't 27V4- 1 % 22'a 2 6 % - 2% 19 22 + 2%

24 +16V5

SURVEY Troinod engineers wil l examine your heat ing and cooling system.

They wil l moke honest suggestions for installation or repair or

replace ment if necessary. Ca l l REqent 9 4 0 0 for this service. N o

obl igat ion.

Cooperating with the Plumbing and heating Contractors of W. .V. Y.

T H E G E O * A * /jfl ••o5MDa,ly M o e ^ W e d . ,

Fri. ' t i l t

UnitCubOil E UnitElas 2b ! Univlmp&lnv UnitMilk .07g UnMolas .24g

: UnNJRR 10 UnPacAl .50b 1874 27%

• USAirCon .10g 1830 7% USCeram .40 592 13% USFoilB .40 2991 47% USRubRecl .50 47* 12% UnitMilk .07g 455 1 1 % UnitStores 1924' 14 UnivAmer 12734 9V'a

26% 7»i 20'/4 16Va 17Va+ Va 14% 10 13 'a+ 3Va 29 23',a 2 8 % + 5% 10% 6 6 % - 1 %

10293 7 3-16 4 1-16 4Va- 2% 6380 2 3-16 15-16 1 1-16-13-16

8357 % % % -5 -16 320 52% 35 52Va+ 5% 863 814 6% 7 ....

455 1 1 % 4% . % + % 36 5% 4 11-16 S % + 1 %

Z2510 190 168 169'.a-10 la 16'a 17% . 3% 5 + % 8Va IOV4+ %

35 45V* • 10% 4% 5%+ 2"a 4 V i + 2

1% 5 % + 3 %

NatThej 5 J S - 4 1744 85 NEngPw JUs61 120 98 NippontP o'.2S63 11 103 OhioPw 3'4S68 1104 99 OhioPw 3s? 1 58 89 Parana / ' es20O8st 4 >3' a PaWatP 3'4S70 41 90% PaWatP 3US64 142 95 Peru 3s97 1445 51 Is PubSvEG 6s98 223 123 RapidAm 7s67 460 100

64 6 4 - 1 86V4 8 9 + 2

109 118'/a . . . 88 111 +23V4 75 77 94'/4 96 - IVa

100 101 85% 8 9 % - VM 80 84V4- 1 57 5 8 + 5 85 8 5 - 3 89>/4 89V4- 4% 45 46 - 2Va

US'/a 1 1 7 % - 5'/4 93'.4 96%+ 1 %

ber Local 36 broke? out on Buf­falo's waterfront.

The battle flared for five weeks and resulted in Supreme Court litigation, the formation of an independent union to rep­resent flour mill workers and National Labor Rtjlations Board proceedings. A It r u c e was worked out in July and the con­troversial truste*)ship, which touched off the iattle, is ex­pected to be liftfd after elec­tions later this month.

Activity on the organizing

Stocks in Spotlight N E W YORK, Dec. 31 | A P ) - O f the total

volume ot 820.296,279 snares traded dur­ing 1959 on the New York Stock Ex­change, the twenty-fiva most active se­curities accounted for 144,660,300 shares, or 18 per cent of the aggregate sales. Individual volume, high, low and closing prices, with the net change for the year of the 25 leaders are shown in the follow­ing table. Sales are in hundreds.

Am Motors 139478 96?fc 25'a 83'a+44V% 116202 29>A 9% 21%+ VM 90118 59V% 45% 4 9 % - 8

One hospital, Our Lady of Victory in Lackawanna, nego­tiated an agreement with the union group, but the 11 others refused to recognize the union on the grounds that, as non­profit institutions, they are ex­empt from provisions of the State Labor Law.

Hospital strikes were threat­ened twice, but they did not materialize. The AFL-CIO group is preparing now to renew its campaign to win contracts at the 11 hospitals in the spring. Longest Strike

The longest and most unusual strike of 1959 occurred at the J, H. Williams & Co. plant, 400 Vulcan St, in the Town of Tona-wanda. About 90 die-sinkers left their jobs Dec. 9, 1958, in a dis­pute over a new contract. The union, the International Die Singers Conference, ended the work stoppage exactly one year later after 18 of the strikers returned to their jobs.

About 70 men lost their jobs because of operational changes during strike and have sought work elsewhere. New Bell Contract

Improvements in the once-turbulent labor-management re­lations at the Niagara Frontier plants of the Bell Aircraft Corp. were cited after a new contract was negotiated in the \yake of a week-long strike in March. Of­ficials of the company and the United Auto Workers are now cooperating in an effort to in-

For All Insurance Requirements

SCHEU'VOGEL AGENCY

904 LIBERTY BANK BLDG.

i l l Insurance

and Hill Surety Bonds

TELEPHONE

CLeveland 6962

" O n e of the Oldest, Largest and Best

• BUFFALO t n V U O P E CO. Stude Pack StdOil NJ Alum Ltd Avco Corp Gen Motors

RapAm 5%s64 1240 178 113 150 RioJan 2s2012st 50 44 38V'a 40 '«+ '/• SapphPet 5s62 110 78 60' • 61 V i - 3% Sperry Rd SoCalE 4%s82J 554 10/U 98' i 1 0 0 % - 6% Ford AAof SoCa'lE 4%s82l 269 105' 2 97Vi WVa— 6 Royal Dut

UnivCooOil 2.60 850 53 UnivCont . X 23248 2 1 % Univlnsur 1 40 36% UnivAAar 1 20 11586 22% J tart iciS .40 2291 8

V Valspar 50b 4228 16Va VanderTR .7« 509 9'<* VanNorm wt 1610 7%

[Victorn 3.751 16810 19%

KNERR VincoCp

i V a l r C I C .10g VitaFood .60 VogtAAf .55g Vornado .52

6 3 2 6 TRANSIT RD Rtqent9400

6400 6's 15880 8% 816 19% 231 13 ' i

3558 16

w 1272, 14% 1666 5%

35'a 15' a 30 13% 6V'a

6 J 4% 6%

2 % 3%

SoCalE 4%s83K 422 105 R SoCalE 4US82H 701 100% SoCalE 3%s78E 104 93 SoCalE 3%s81G 427 91 SoCalE 3'ss73A 13 85% 80 SoCalE 3<»s76D 97 84 741 j SoCalE 3s65 3902 96'3 88 SoCalE 3s73B 38 % U 82 SoCalE 3s79F 1 ' t 73 SoCalE 2 «s76C 45 82 75

96'/4 9 8 % - 5% Glen Aid 89 90%— 9% Am Tel8.Tel 83Vi 8 3 % - 7% Thiokol 82'/a 85 - 5% AI leg Corp

85%— 4% Beth Steel 78 — 6 I Frueh Trai l

80555 39V» 76996 1744j 76575 66763 54961 50078 49778 49393 49377 47916 47351 46796

27 10' 3

58% 45 28% 21'» 93Vi 50-% 50V* 40 29% 13% 89 75's 72 15% 59V» 30% 20 12%

36% 9%

49% 18% 9 8 6'3

28

36%-13V3 soCalGas 3%s70 315 91Vi 85% IU* „ SoCountG 3s71 95 87 82'2 32Va- 1'<3 17%+ 4% 7 % - %

9 % + 2% 7 V 2 - 1

sv*+ % 12%+ 4%

5 % + 2 5 % + VM

12% 1J . . . 9% 12 + 2% 9% 13VS+ 3

Waf oAirc Wagner Bak WagBak pf7k zl040 80

1 wa.t t & Bd 406 . 3%

2' s Vn

71 2%

98 — 3 93 - l ' 4 | L e a r 6 5 % - 4% I R C A

9 9 ' 3 - 2%

SowstGE 3%s70 125 92 85 Wasatch 6s63A 276 103 96 WashWP 3'3S64 126 97% 90 Webb&Kn 5s74 1405 75 6 1 % WPennTr 5s60 53 101 'J 99

q—In bankruptcy or receivership or being reorganiied under the Bankruptcy Act, or securities assumed by such com­panies, xl— Ex-interest, c t -Cer t i f icates , st—Stamped, x—Matured bonds, ne.otia-bility impaired by maturity.

A N N U A L A M E R I C A N STOCK SALES Total 1959 374,058,544 shares. Total 1958 240,358,524 shares. Total 1957 214,011,566 shares.

5 % + 2% A N N U A L A M E R I C A N BONDS SALES 3 % + 1 % Total 1959 $32,171,000.

78 +10V* Total 1958 $22,790,000. VM- 1 Total 1957 $16,538X00.

g g j , _ w% StudePack wi 46297 8 2 — 4 Elec & Music 42979 73V,_ 6 i / a Int Tel&Tel 4U87 45V» 75 _ i 3 Raytheon 40673 73% 43 2 86%— 4% I PanAm Airw 39889 35% 20% 84V,_ 2 I Gen Tire 39391 B6% 44% 8 6 % - 4% NY Central 38708 33% 25%

Fairb Whit 38489 10% 7 38297 23% 9 ' . 38056 73% 43%

33%+ % | 15%+ 3% 54 '3+ 5 25%+ 1 % 90%+40% 4 4 % - 3 23 79% . . . . 56% 12'2+ 2"3 54 '3+ VM 29V t+ 9% 17>3 . 11% 38'a . 52 - 1 3 22% 79 + 3 3 % 28%+ % 7%

19*» + 10% 6 9 % + 2 1 %

M A N U F A C T U R E R O F

PLAIN AND PRINTED BUSINESS ENVELOPES

FOR MAILING - ADVERTISING - - PACKAGING

2 7 0 M I C H I G A N A V E N U E B U F F A L O 3 , N E W Y O R K

One Symbol for Precision.. .One Name for Service

(

Bringing Printing for Automation To American Industry

During the past decade, Automation has become basic to America's economic de­velopment. In the office, the plant, the re­search facility, we rely on systems of data processing and process controls which, in turn, depend upon the recording and transmitting of information on printed charts and forms.

As a result, printing for automation has become a new, highly-specialized skill. It requires a capacity for precision produc­tion and rapid, detailed service beyond the scope of most general printing facilities.

RECORDING CHARTS Manufactured and guaranteed by Technical Charts Inc., Buffalo, N. Y., Staebler & Baker Inc., Rotaform Inc., Clayton, N. Y.,Technical Paper Co., Linden, N. J., and distributed by Technical Sales Corporation, Detroit, Mich.

DATA PROCESSING FORMS & EQUIPMENT Produced by Ctarkson Press Inc., Buffalo, N. Y. and distributed by a network of lead­ing business forms specialists.

This is the capacity that has been devel­oped to a high degree by the integration of the eight printing companies that today make up Graphic Controls Corporation.

This corporation, its subsidiaries and their products all are identified by the GC sym­bol for precision, the GC name for service. With its headquarters and four manufac­turing facilities located in Buffalo, GC is another nationally known representative of the Niagara Frontier—and is ideally organized to meet the needs of all industry in this area for printing for automation.

FOLDING CARTONS Produced and sold by the Cooper Paper Box Division of Clarkson Press Inc., Buffalo, N. Y.

The

ndustry Record Set By...

ORTHWESTERN MUTUAL Life Insurance Company

!'•

BUSINESS PRINTING Including all types of commercial and adver­tising printing, and snap-apart type forms, the specialty of Amherst Printing Company, Buffalo, M.Y.

Bit subsidiaries of

GRAPHIC CONTROLS CORPORATION

189 VAN RENSSELAER STREET BUFFALO 10, NEW YORK

MILWAUKEE, WISCONSIN

Policlowners of the Northweste rn Mutual Life Insurance Com-

p a n l . . will receive a RECORD $90 MILLION IN DIVIDENDS

in I960, AN INCREASE OF $7.5 MILLION or 9.1 Percent

ABOVE THOSE PAID IN 1959.

Accdrding to NML President Donald C. Slichter, Northwestern

Mutual is the only Life Insurance firm in the country to raise its

dividends for the eighth consecutive year, setting an industry

BAGLEY JR. Special Agent

BUILDING . . »

- - m

• f

*•*

-mm *•

4

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Thomas M. Tryniski 309 South 4th Street Fulton New York 13069

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