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BDSIMESS ADMINISTRATION w MONDAY ISSUE fke and Financial Beg. U. a Pat. Office Volume New York Number 5317 179 Price 7, N. Y., Monday, April 19, 1954 General Corporation and Investment RAILROAD INSURANCE - $5) Industries, Inc., Jackson, Mich.—Registers With Acme lit This Issue* \- . "This to filed , a registration statement with the SEC on covering 50,000 shares of its $1 par common stock, public sale through an underwriting group headed 1954, 12, offered be The public offering price and underwriting ' terms are to be supplied by amendment. The company is engaged in' the manufacture of a general line of products for the air-conditioning '• and refrigeration industry. > Net proceeds of the stock sale will be available for general cor¬ porate purposes, some of which may, on consent of banks, be used" lor capital expenditures. The balance of the funds will be used as 5 working capital to finance the company's increased business opera¬ tions.—V. 177, - ______ American Stock Exchange.^ Stock Exchange Boston — . Dec. 31,53 $54,686,291 $49,019,966 outstanding value 1,321,980 — $41.36 share per 1,321,980 Stock Exchange San Francisco $37.08 • Montreal Toronto largest be completed early in 1956. would "This mainly indicative not is declared. the to product—that decline sharp the began in Of remainder the of Exchange Mr. industry, inventories first off in antic-" during the rest of the year. the throughout has cut tax already helped sales Chicago fiberglas division, of a Reserve is a 100,000 square-foot manufacturing handle expanding production and sales 47 Air States Force, well as 47 Federal Reserve System shares of common April 13 at $11 per share by Drexel & Co., Hemphill, Noyes & Co. and Stroud & Co., Inc. on PROCEEDS—The added the to portion of the stock will be reimbursement of a from the sale working capital in proceeds expenditures made during capital equipment. of facilities net company's the past for expansion of year and feet of floor space. completed in November 1954. square be relinquish GIVING EFFECT TO PRESENT FINANCING Authorized »$250,000 9,576 250,000 shs, mortgage loan 5%% mortgage loan stock tCommon (par $1) has $250,000 9,576 196,095 shs. ous the completion of the building for the construction of was placed. As of March 31, 1954, no advance The mortgage is to be amortized by monthly pay¬ in stages which had the for the advance of funds at vari¬ commitment calls mortgage made. been $2,377.50, including interest, commencing Nov. calculated to repay the entire loan by Oct. 1, 1966. of ments l, 1954, and number of shares of common stock shares (par $25) to 250,000 shares (par $1); the 2,251 shares of the old common stock then outstanding were reclassified into 168,825 shares of the new common stock on the basis of 75 shares of the new common stock for each share of old common t In March was from 4,000 shares the treasury were cancelled. stock; the and of 1,185 old the common stock then held in BUSINESS—Corporation, whose principal place of business is located Pa., was incorporated in Delaware in 1919. In Philadelphia, subsidiaries following corporations, affiliated and the It has the percentage of the company being set forth in each case: International stock owned by Aero Service Corp. (100%); Aero Service Corp. (Mid-Continent) <100%); Aero Service Corp. (Western) (100%); Canadian Aero Service Ltd. Inc. (66%%); Worldwide Surveys, Inc. (50% ). mon it The These on payable common stock company buildings epace. In owns 26,000 feet of hangar space Construction commenced. five contain addition, approximately modem by earnings of This two-sfcory the of buildings, all approximately company square feet and general the directors located 51,000 in to Philadelphia, Pa. feet of floor square in Philadelphia a total of floor space, and 32,000 square rents of in West Trenton, N. J. also located in Philadelphia, has building, estimated to cost $275,000, will be a and basement building containing approximately a new building, — Seeks investment Willson, formerly company has the to applied SEC for an order shares 810 Inc. Tidelands, American — Stock Sold — The recent of common stock at $1 per share by Crerie & Co., Barrett Herrick & Co. and Gearhart & Otis,-Inc., was quickly oversubscribed. See public offering of 2,000,000 shares 179, p. 1609. details in V. action An Assistant Treasurer of the Brown Com¬ pany, Berlin, N. H„ has been elected Treasurer of Affiliated Gas Equip¬ ment, Inc., it was announced on April 5 by Lyle C. Harvey, President. It was also announced that John A. Wilson, for the last three years Assistant Secretary of Affiliated, has been promoted to the post of Secretary. Philip W. Scott has resigned as Secretary, Treasurer and Vice-President of the company.—V. 179, p. 389. D. Co.—Suit Filed by Textron— Woolen in filed was the Supreme Court in New York—City on April 8 by Textron, Inc., to compel the American Woolen Co. to open its stock books for inspection. Named as defendants were Roy Young, Chairman of the Board of American Woolen Co., and the Guaranty of Co. Trust Under New New stockholder With holders. York, York has the State the right more company's transfer agent. according to the petition, a qualified examine a company's list of its stock¬ law, to than 200,000 shares of common stock in its Textron, according to Royal Little, its Chairman, has the right to inspect the stock books to determine ownership l of the stock that was acquired. This information, he held, was essential to enable Textron to obtain possession, Air Marine Motors, Inc., Amity ville, L. I., N. Y. —Acquisition— corporation, which manufactures subfractional and miniature has purchased the Taylor Blower Co., manufacturers of specialty blowers and blower housings. It has installed all the equip¬ ment in its new factory recently completed on Bayview Avenue, This statutory on March proxies of the shareholders so that it could vote annual meeting to be held on April 20. the the stock which it owns at the motors, Amityville, L. I. This acquisition, which will be known as the Taylor Blower division of Air Marine Motors, Inc., will make available specialty blowers and blower housings for the motor industry as well as complete blowers for the electronic, heating and ventilating industries. Alabama Gas business con¬ place the com¬ a dividend basis of 20 cents per share per annum in semi-annually commencing Oct. 1, 1954, plus 4% in payable annually, commencing April 1, 1955. justified is the present intention stock cash, Inc.—New Treasurer— (50%); and Worldwide Surveys, (Western) DIVIDENDS—If ditions, Gas Equipment 1954, the authorized increased of American Affiliated James The mortgage has agreed to issue and sell, and purchase 50%, Hemphill, Noyes & Co., and Stroud & Co., Inc., has agreed to 25%, respectively, of the common stock above offered. company & Co., has agreed to agreed to purchase 25%, purchase Outstanding a UNDERWRITERS—The Drexel CAPITALIZATION It is expected that the building Its use will permit the company portion of the space now rented. The company's subsidiaries and affiliated companies rent the prem¬ ises used in their businesses. 1 The company and its subsidiaries own and operate 28 aircraft* especially equipped with aerial photographic or electronic equipment. This fleet includes one Boeing B-17, two Douglas DC-3's, four twin-engine Beechcraft, and two Lockheed P-38's. to Corp. Development & with respect to the purchase by Taunton Pearl (30%) of its common stock owned by American Research; and the Commission has issued an order giving interested persons until April 26, 1954, to request a hearing thereon. The 810 shares are being reacquired by Taunton for $12,032 as a part of an arrangement for the settlement of claims of American Research against Taunton arising out of a $250,000 loan made by American Research in January, 1952, and for management and consulting services.—V. 177, p. 2449 and V. 179, p. 1473. Works will Research Boston This exemption 18 000 Offered—An issue of 27,270 stock (par $1) was publicly offered Aero Service Corp.—Stock 1473. Exemption— in as shares American Banks of the production of a freezer chest liner for the company's new up-side down refrigerator-freezer combination introduced at the beginning of the year.—V. 179, p. 1369. United Election of option plan of common stock of the company for officers other persons will be taken up at the meeting.—V. 179, certain and p. eligible to vote at the meeting. approval of an incentive restrictive the and 50,000 covering of Federal Banks Condition Statement of Member Co. of Illinois—Option Pl&n— approved May 17, 1954 as the date of the and fixed April 15, 1954 as the record stockholders for directors 48 Combined Condition Statement facility of the Mr. Siragusa said, Piberglas is being used in the droppable, lightweight fiberglas fuel tank for the to date 938,000 $23.39 meeting stockholders annual 48 Payable Foreign Exchange Rates— country. completion West development This cut. tax Dividends Declared and sales of appliances was ahead of 1953, but dealers and consumers anticipated the 50% quarter March as excise government Nearing balance field inventories. he said that Admiral to today, condition excellent normal sales and profits Admiral's tapered back production cut in ipates more 938,000 $26.22 _____ . have directors The State and City Bond the With share per 1609. p. American Investment Investment News.Cover Offerings 52 The Course of Bank Clearings 45 Redemption Calls and Sinking Fund Notices__48 General Corporation & along with other companies in said that Admiral, Siragusa value 179, pro¬ Dec. 31,'53 $24,596,313 $21,945,001 outstanding asset —V. tne Mar. 31,'54 * assets net Spellissy, Corp.—Assets Show Gain- American International As of— Total partner Co., & 1609. posed stock change.—V. 179, p. Miscellaneous Features of 1953 heated exchange preferred shares of A. C. F., and Arthur E. investment adviser heading the opposition to Philadelphia Net sales—our largest volume and carried over in television final quarter made. 400,000 owning Quotation Industrial Stock Averages_33 SEC Index of Stock Prices— 33 1954." will be adjournment motion came after a somewhat John Cornwell, wl\o said he was a Hardy The between operation," year's the company's capital stockholders stockholders the stock," company's capital the increase National period of readjustment, due . . had approved and enlarging certificate. C. A. Lee, Secretary, said however, that the approved action on the two proposals would be held in abeyance until the May meeting, when a decision on a third proposal, "to change, readjust, reclassify and Shares have been undergoing a "We to adjourn to May 27. adjournment was voted after The substantially below last year. run , in this changes on changing the company's name to ACF Industries, Inc., its objects and power as defined in the incorporation Markets 44 Transactions New York Stock Exchange—___33 Transactions American Stock Exchange 33 Dow-Jones Stock and Bond Averages —33 Complete figures are not yet available on the company's first quarter and earnings, Mr. Siragusa said, but indications were that they Postponed—(/' fight proxy a Co.—Name Changed—Ac¬ Foundry & postponed on April 15 when a special meeting of was decided Over-the-Counter sales Car of Settlement 38 39 -40 Stock Exchange—Curb Section.—___43 Stock San Antonio, Tex.—Files— Corp., Stock Changes on stock Stock Exchange Toronto expansion program in this corporation's 20-year his¬ tory was announced on April 8 by Ross D. Siragusa, President and Board Chairman, at the annual stockholders' meeting. Mr. Siragusa said that details of the program could not be dis¬ closed at this time, except that it will get under way late this year ♦ • homes. tion 37 37 37 Pittsburgh Stock Exchange. Admiral Corp.—To Expand—Earnings Lower— The 6% • • . up to and including June 7 sell fractional shares.—V. 178, p. 1049. or 23,001 American • Canadian Stock Exchange at stock (par April 23. No fractional the common will have the privilege stockholders mobile 36 Philadelphia-Baltimore Stock Exchange. 179, p. 1609. TV on April 7 filed a letter of notification with the SEC shares of 60-cent cumulative and participating, pre-;, ferred stock (no par) to be offered at $10 per share and 25,400 shares of common stock (par 10 cents) to be offered at $1 per share, without underwriting. The net proceeds are to be used to finance notes of* 34 Angeles Stock Exchange._— Midwest Stock Exchange Mar. 31,'54 . asset into made be r Alliance Finance 34 34 Cincinnati Stock Exchange— Detroit Stock Exchange. assets net Shares he issued. be either purchase covering 13 25 29 34 (Stocks) (Bonds) New York Stock Exchange Co.—Assets Up Over $5,000,000— Adams Express As of— Total and will The corporation on Page Stock Exchange New York 2001. p. ' " Los ■v will distribution J Stock and Bond Quotations for Simonds & Co. i>y Baker, —V. Stock Distribution—* Inc.—-50% stock corporation April Net News May 7 to common stockholders of record on The Securities and Exchange Commission— to 50% shares Copy a MISCELLANEOUS - Aldens, A below. Car & Foundry Co. American INDUSTRIAL - Etc— ACF Industries, Inc.—New Name, See PUBLIC UTILITY - $1 There have Corp.—Partial Redemption- been called for redemption on May 15, next, $108,000 of 3%% bonds, series C, due April 1, 1971, at 101.29%. and interest. Payment will be made at the Chemical Bank & Trust Offer Terminated— Incorporated below.—V. See Textron Arden Farms Co.—Files 179, p. 1609. With SEC—Acquisition— April 5 filed a letter of notification with the SEC covering 12,289 shares of common stock (par $1), which are to be issued in exchange for 153,615 shares of common stock of Camellia Diced Cream Co. on the basis of one Arden Farms share for each 12 Va Camellia shares.—V. 176, p. 1157. The company on first mortgage accrued Co.; Trustee, New York, N. Alaska Telephone Y.—V. 179, p. 1045. Corp.—Debentures Offered—Tellier City, N. J., on April 8 offered $270,000 face amount of 6% 10-year convertible debentures, series C, & Co., Jersey due 1964, at 70% of principal amount. The and net proceeds working are capital.—V. be used for 179, p. 821. . to general Arizona Public Service company due March The and operating expenses Co.—Bonds Placed Privately— has placed privately through The First Boston Corp. and Blyth & Co., Inc., an issue of $15,000,000 3Yt% first mortgage bonds, dated March 1, 1954, and The 1, 1984. Bankers co-paying The proceeds Trust Co., New Ycrk, has been appointed co-registrar agent. are pansion program.—V. be applied 179, p. 1150. to to the company's $25,000,000 ex«* 2 The Commercial and (1718) nfio with agreement crpdit Sures rowing Feb. 1, 1956, and carries Interest at 3 The company will use the proceeds for construction according report field with the American Stock Exchange.—V. 179, p. 1369. to period following to a the production assembly lines at rate "'Next This company competitive at SEC authorization to issue ^and sell shares of a new series of $100 par portion of the $25,000,000 it contem¬ property additions and improvements. has received bidding 70,000 stock, to provide a expending in 1954 for preferred plates —V. 179, 1609., p. Beechcraft national Model the "And of been will 25 of Canadian National Lines in New the lines new date. the six-place for of rate a this Today to from Net ry. Deliveries of units Super this In per Model will begin construction soon on a new $1,250,000 Works plant which will help greatly to conserve the water resources of the Miami Valley, V/. W. Sebald, President, announced on April 12. Mr. Sebald estimated that the new system will save more than 10 million gallons of water per day. Armco pumps water from both the Miami River and from its own wells, Mr. Sebald said, and the water table in the Miami Valley area East its at . been has The steadily—due to months of dry weather and con¬ water usage. calls for construction of an extensive new clarifying program system to be used in connection with the present facilities at the East Works plant, an expansion of mill scale collecting basins, new pump¬ and sedimentation beds, and a great deal of additional handle recirculated water. system will be coordinated with the city of Middletown's new and sewage treatment program, Mr. Sebald saidi—V. 179, p. 1609. stations piping to The sewer Atlanta & February— from Gross Net from Net ry. Ry.—Earnings— St. Andrews Bay 1954 railway Net —V. 179, $308,779 $308,432 162,751 This 51,244 43,345 D18S twin- a 602,675 656,667 632,087 595,182 332,418 367,558 341,941 328,096 111,433 105,112 107,144 97,093 Net 30,147,357 31,038,349 179, April on 6,765,951 2,285,861 6,128,091 1,735,081 9,214,063 2,221,288 the latest 1954—Month—1953 1954—2 Mos.—1953 revenue. $148,249 '$160,151 $276,542 Railway oper. expenses 106,741 116,996 207,762 $41,508 income... oper, 7,477 to the United T-34 Aircraft military States. In Safety 1046. p. Forces of the Co., Corp. trainer November Japan, it N. of was an¬ equipment aircraft has design.—V. been 179, increasingly 1610. Mr. Bond Stores, Inc.—March Sales of its on April kind 10 hurdle in $6,346,542 179, 1954—3 Mos.—1953 Boston & $8,287,416 $17,024,407 $20,175,391 Main^ RR.—February Loss Greater— $6,448,954 $7,091,849 expenses 5,586,895 5,943,535 486,746 495,466 978,856 1,049,858 446,175 346,561 887,431 709,778 28,810 31,087 67,211 67,561 *$99,672 $275,200 *$577,838 his 51,031 57,632 112,634 $68,780 $86,941 (Dr.)_ rents (Dr.) income. oper. income—— 21,640 3,577 Gross income $13,076,793 $14,628,206 11,721,133 12,239,450 *$48,641 $332,832 t*$465,204 $685,394 279,420 288,283 579,090 592,687 178,652 182,683 357,304 365,367 Rentals, interest, etc.— Contingent charges Automatic Firing Corp. (Mo.)—Sales 300% Higher— * noted was that in generated proximately The in almost and $500,000 the mail under and Co. will the that first production Griffith for or under sold 1954's of schedules call for the Emerson contract produce brand Electric approximately covers I air-conditioning . equipment for brand own names and thrpugh its own distributing organization which includes franchised dealers in about 35 States. This equipment will include units and rcom air-conditioning air-conditioners, residential central cooling units restaurants for and stores.—V. 171, 1258. p. See ap¬ April, May and June. approximately $2,000,000 units. cooling Bald win-Lima-Hamilton stockholders will vote ferred If the reduced was the no JLima is merger $20,000,000 With $20,000,000 payment, $1,000 to merge wholly-owned a be able of to when sub¬ company. its additional announced was The as a credit for excise could tax with capital stockholder held has company by bonds the stock without statement.—V. proxy $300,000 The The private a block in Interstate to company repurchased from sell road has investor the further 175, to up excise bonds, pledge; at not less than 90% interest, the proceeds, with 1, 1976, tax fjTXSSB trust $2,100,000 $125,000 of to rebuy 17 authorized of held $2,000,000 From Jr Gross another first the mortgage in the railroad's treasury principal amount, plus funds, to be used to retire trust bonds.—V. fro op__. 179, Western Ry, —Earnings— Net ry. 1953 1952 1951 $825,090 $978,778 $733,326 354,430 500,432 142,567 175,183 182,725 1,783,131 1,923,915 1,631.830 620,363 825,814 978,707 716,509 275,420 i 338,794 234,814 281,439 1262. p. 105,000 at (A. S.) Beck Shoe Corp.—Current Sales Off— —V. 1954—4 Wks.—1953 $2,876,289 „ $3,714,307 179, p. 821. Beech Aircraft corporation orders Trom export distributors has been $8,842,627 $9,683,283 1954 E35 models 18 the on received production April 8 through of that because Beechcraft's commercial of Increased domestic and Beechcraft Bonanzas of commercial the executive Beechcraft Beechcraft—are it the all value in placed of excess cumu¬ sinking par 179, Net ry. bonds 25 is of to be similar a lease. our in interest We 44 1952 1951 $150,472 $165,004 22,690 $137,277 60,355 56,117 275,165 305,061 332,134 292,522 *14,958 21,204 59,880 income— 161,443 144,947 117,770 * the and stockholders which holders tal shares trust will of for Canso Southern in four Petroleum, 20 consider company's voting exchange shares Natural 27,658 125,526 Gas, for of each Canso Ltd., a trust and Oil plan of eight and October, trust Ltd., which that business certificates April on 21, cost of to for capital suspended 1954.—V. Three Months Net Breweries shares from 176, shares voting Ltd., five of Canada of dealings Canada the at Southern opening of 1470. p. The Ended Jan. 31— 1954 airplanes—the Beechcraft new Model Model B50 Twin-Bonanza, and the new enjoying excellent sales during the past 1953 $36,849,989 $34,532,100 3,054,622 3,117,434 taxes. 1,550,000 1,763,000 $1,504,622 $1,354,434 share per Working $0.59 capital over $6,850,000 in at the cash Jan. same has 31, date been 1954 last set was $17,541,195, In addition, year. aside towards the an the $0.58 increase amount completion of of of the program. Investments in other companies stood at $15,855,254 and fixed assets net at $41,016,926 respectively. | having was this the new Canadian our $1,000,000 to the 42 north will acres ' ; owns undivided an and gas comprising total of a . 18%% the/ southern oil in 2,500,- over , permits," capital performed only offsetting he reports, "have recently financial interests in the the for required period a Prospect."—V. 178, rentals of With be can months 18 paid at no 2570. p. C. ? _ April 7 filed a letter of notification with the SEC covering 20,000 shares of class B stock (par $1) to be offered at $4 per share, through Courts & Co., Atlanta, Ga. The net proceeds are to be used to increase capital and surplus.—V. 178, p. 1270. on Carr-Consolidated Biscuit Co.—Seeks Reorganization has. filed a petition with the Federal District Court Scranton, Pa., asking the appointment of a trustee to operate its at cookie company and under the candy business Evans, while a reorganization plan is and receivables higher are than normal," President, declared. "We're simply short of cash bihs when due." The petition states that while pay developed Bankruptcy Act. inventories solvent, 1262. the true value of its assets Is readily W. C. to discount the company realizable.—V. 179, • Tractor Co., Peoria, III. Changes — in personnel— Harmon S. Eberhard elected was President Neumiller, who has been elected Chairman of Harry H. Fair, who resigned the Board will continue The as Board director. a has voted at this time but will to to the succeed Board. Louis :> B. ■ Chairmanship at this meeting discontinue the B. continue C. as Executive Committee, whose Heacock,. is retiring from operations a Celanese director.—V. 179, 922. p. Corp. of America—New Product— This corporation has inaugurated production of a new heavy denier volumimzed acetate yarn which can be used in the manufacture of upholstery and other fabrics with a noyelty hand-loomed appearance, it was announced on April 14. drapery,, new in is yarn addition being now to made in sleeted a of range Celaperm natural. voluminous produced yarn, at the Cumberland, is being offered in a number of packages 3,200 and 2,400 denier sizes, all of which filament.—V. 179, p. 1477. and are twists 20 Md., in the denier per Central of Georgia Gross Net Ry.—Earnings— Net 1954 from railway—. railway from ry. 1952 1951 $3,572,981 $3,622,394 $3,507,686 523,961 754,833 632,611 464,265 224,198 291,782 219,013 91,714 6,528,812 7,295.853 7,364,378 7,260,607 1.023,594 1,567.344 471,627 income oper. 1953 $3,233,942 626,990 1,316,643 450,788 1,158,145 325,769 * from from ry. railway railway —V. income oper. 179, 1156. p. Central Illinois Light Co.—Earnings— 12 Months Ended Feb. 28— Gross income I 1954 revenues Net income Dividends after taxes, „ after interest, etc preferred stcok on Balance _J. ; per p. stock common 1953 $29,284,291 $26,206,570 4,233,270 3,758 493 3,331,454 3 140 095 501,605 1,000,000 28 $2,638,490 900 000 $^86 outstanding at Feb. '5OL6O5 $2,859,849 — Shares of common 178, etc.. $2 93 share 1984. . Ltd.—Earnings Increased— for. income taxes $4,836,348 in oil." Griffith said, for exploration for work company Earnings sales Profit before income field over Carolina Casualty Insurance Co., Burlington, N. —Files With Securities and Exchange Commission— —V. Canadian interest of the acres paid mile-and-a-half a our barrels when 160 Gulf participation of large eastern development of this principally virgin territory. Gross be oil wells. As an indica¬ this area by others, Shell shares, Producers, eight Ltd. will 1953, ; acreage capi¬ American voting J our and exploratory Net reorganization certificates the Oils, producing drilling and April, Northwest Territories, -'Vv ' investment Net receive certificates shares in From Jan. 1— April on the 1954." "working interest" in 42 Central Alberta, Mr. Griffith Canadian February— 1156. will of by others sharing in these the there 1953, 10,034 -Canada Southern Oils, Ltd.—To Reorganize— The area," Mr. drilling, were 1, 100% corner; Mr. permits acres. Gross by the March plant, 1953 $132,049 p. in 1, company but also southwestern whic.i of 4,000, 1954 179, relation proximity, the in wells as quarter a 600,000 Prospect,, Celanese 5,846 "Deficit.—V. in to activity live 1953, section of estimated of excess in portion of The 1477. p. 69,800 oper. in acres shares. preferred on May 19 headed by Merrill Lynch, bonds.—V. last two 2,080 holdings acreage the property in on in fund new mortgage 37/s% bidding on May competitive par that within * the northeast Canadian and also discoveries development $700,000 in quarter section produce 000 on have President, states important March on field surrounded Chairman, fcrmer President 72,695 increased "by- $3,957,387 and $2;840,949, Central-Illinois Securities Corp.—Asset Value Up— °f Maiket , Asset No. of of net claim value shares Preference of Common preference Dec. 31/53 $9,471,264 4,680,000 $8,653,266 4,758,000 $4,793,264 assets $3,895 266 stocks stock outstanding: stock ($1.50 series) 120,000 ($1.40 series) Preference stocks stock 179, p. $5G 34 <rr _ -V. ai'phn 59i;36? $62.64 share: per 122 400 31 200 585;10o stock value Common of common Preference stock Asset Mar. 31,'54 r value Liquidating 1 q $819 396. ««^ $6'59 I The were property, purchased In January, by Mrs. O. A. Beech, President: "Our company's three Bonanza, Super Corp.—Commercial Production Up— announced increased 50%. As stated 1983, *18,582 construction customers of $50 railway„„ railway Earnings 1954—13 Wks.—1953 i The of $50 of preferred group first mortgage from Provision Period End. March 27— bonds shares Net profits Sales $2.50 preferred 279,826 81,606 . of income oper. from the 256,305 Income —V. & 1,663,275 way.: ry. Pre¬ Stock Exchange announced on April 15 that, subject approval .of stockholders it will admit to trading on the Exchange at 11:00 A.M. on April 21, 1954 voting trust certificates for capital shares of the three new corporations in substitution for $780,727 til way from Net of mortgage 60,000 shares banking February— Gross from railway Net from railway 179, — Net and the their collateral 1954 income... or' ry. series two offering- the $8,000,000 sale the 38,800 for first new bonds March bidding of North" developed for of is area staked, Prospect's considerable at colors The Beaumont, Sour Lake Net Bond Cambria & Indiana RR.—Earnings— to February— Gross from railway Net from rMlway—_„ and issue the through Finance 4% 1477. p. replace new of of Net scheduled on other Valley been completely of a letter wells wells shareholders:' Caterpillar Co.—Plans the the been locations or partially 2090. p. in with had Canadian property 14. call a plans Effected _ now accrued abovementioned 178, 1 competitive July Power The two 33 Griffith, field. acreage "Compared wells has p. From Jan. 1— t__iion collateral repurchased is Commission tinder due below.—V. to stock kmount 1329. p, future. near Commerce without also and Alfi% the the remaining $1,675,000 of its agency. from plans with Present April on preferred ■preferred claim purposes. approval, Bangor & Aroostook RR.—Buys Its Bonds—i This $272,660 Refundings— company lative Gross ■Corporation the Stock capital reactivating the locomotive firm, Baldwin- authorize, according to the parent $20,000,000. officials said, Baldwin-Lima capital stock evident for $1,401,598 from effected, of reason would to the location "Big to Oil paid for least where to three wells brought in since the "discovery" Prospect's freehold acreage in southwestern and southamounts to nearly 800,000 acres, Mr, Griffith says a such in now or This company is planning to refund its stock and its $8,000,000 of 37/8% first 'Refunding sidiary, Philadelphia Locomotive Works, into the Philadelphia Locomotive ceased operations in 1911, stock General Electric Co. through an investment Pierce, Fenner & Beane. Corp.—To Merge Unit— May 6 on $138,134 1262. p. California Electric ' The 179, Brockway Glass Co.—New Development— volume in freehold states. Concerning acres at L. 'V which 40 were of area, Wilbur stockholders. for covers organization also quarter shipments contract be to order Firing its of monthly in residential central Automatic sale in Electric air-conditioners room name March $500,000 Emerson one-half $506,713 Deficit.—V. Fall, only is Shipments for the first three months of 1954 should approximate $1,187,779 as against $280,323 in the first quarter of 1953. It might be loss drilling (Manitoba) last said, letter. 'Our Net to 123,835 rents fac. Net"rV. commence since discovery of the Roselea field is because of our large adjacent because it, together with other important Manitoba, has greatly stimulated drilling not $561,559 Equipment joint 1954—2 Mos—1953 revenues — "149,280 Manitoba further 1954—Month—1953 *23,013 *225,636 "The the 1262. p. drilled Canadian enlisted Lower— 1954—Month—1953 *102,550 discovery well in the Roselea field is Prospect's nearest acreage of which to Mr, Griffith, "strategically located" wells exploration Period End. Mar. 31— 476,000 0 Roselea letter a Griffith well. Is difficult an p. in to the others company's reported j -V division. J. 50"\000 17,8 *133,811 1156. p. plans in by according central Beech agreement Leech-designed of 574,000 *316,752 Canadian other This $43,155 9,976 ' 1262. p. for Foundry 572 electronic Other 179, Bank, v.,,V ry/ operations ry. Red Sales 239,366 —V. & aircraft, of $326,307 from trainers Car the new electron tube will function at a bulb degrees (Fahrenheit) for a minimum of 1,000 present-type tubes operate up to 356 degrees, with a shorter life span. Up to now, the problem of cooling or venti¬ Taxes oper. Net 179, Period End. Feb. 28- Railway revenue T-34 179, original of are, Many overall 993,189 Atlantic & Danville Ry.—Earnings— Net the Canadian Aviation Corp.—New Aviation Tube— temperature 4,567,769 Period End. Feb. 28— year's miles a >. the outside 10.—V. company's Operating Operating : by license-contract whereby manufactured the on 1150. p. to 27,454,112 railway.—__ opeih income ry. —V. second into that Canada .. 353,090 *153,133 income— company "We 27,502,112 from Net assign to trainer revolutionary new heat-resistant electron tube, first to be developed for mass production, was announced —V. railway right Designed to break the "internal heat barrier" of oven-like tempera¬ tures generated by hundreds of tubes crowded into narrow spaces oper. from the in manufactured railway. railway..: drilled The Ontario. *83,325 properties tion A ever In From Jan. 1— Gross be *128,696 oper. This Its 1951 1952 railway.— $13,849,133 $14,757,053 $15,341,918 $13,168,727 railway 3,765,779 3,035,175 4,374,739 1,829,855 income... 954,194 586,451 612,098 385,554 from ry. the military The Beechcraft T-34 is now the standard primary trainer for the United States Air Force, and has also been produced by Beech Aircraft for the military services of Chile and Colombia. The first U. S.-built Beechcraft T-34 Mentor military trainers have been accepted by the National lating RR.—Earnings1953 Production Mentor 1953, Beech signed a license-contract providing for the manufacture T-34 trainers in Japan for the National Safety Forces of that country. %-cv; A -'.r- ■d.,.-/ hours. 1954 Defense T-34 *61,734 announces of from Net is be by Atlantic Coast Line of Beechcraft announced will entered will 135,741 46,211 February Net F. has much Gross been A. $266,763 164,947 52,207 1150. p. the Ltd., Fort William, Bendix 163,944 from Department of *146,839 Canadian Prospect, Ltd.—Roselea Drilling Plans— meantime, April 10 the signing of an agree¬ the Canadian Government giving on and *4,626 income "Deficit.—V. manufacturer. has C. announced corporation *63,530 from ry. "There $296,091 railway——_ income— oper. railway from railway.,. ry. oper. income— Net It R. this Canadian production 1951 From Jan. 1— Gross the Canadian nounced 1952 1953 between ment dropping stantly increasing ing Company officials corporation 1951 $204,000 18,603 from Net busi¬ Signs Canadian Agreement— Armco Steel Corp.—Plans New Project— This 1952 $233,000 "67,738 oper. Net been project 1953 $291,000 Beech¬ 18 the England—Earnings— 1954 $159,000 From Jan. 1— twin-engine new this summer. commercial month." Beechcraft 13 19, 1954 railway— railway from Net cus¬ twin-engine $100,000 eight-place out the of four rate to orders start to turning are Beechcraft at March. Beechcrafts $69,950 increased to plane are scheduled production during 1954 Gross Gross for be the ordered week new month. a production the total a have engine of 33 each these present backlog of extending into October. plane craft delivering Twin-Bonanza with .business increased was are the month B50 month, ness rate Chronicle... Monday, April February— rate our Approved— Power & Light Co.—Financing the at meetings held in Wichita, Jan. 28 and 29. of production for the $18,990 four-place Beechcraft Model E35 Bonanza was 22 a month during February. Because of in¬ creased orders received by the factory from distributors and dealers, 'The tomers Arkansas their introduction distributors' $8,- a Co. of New. York, Trust Guaranty the under $1,000,000 first the down taken has company 60-day From Bank Louisiana Gas Co.—Borrows Arkansas This Financial buildings on March and assets of the Peller Brewing Co. Ltd. 1, 1954. 1954, the company issued new 434% sinking fund deben¬ tures due January, 1979 in the aggregate amount of $15,000,000. This increase after taking into account the redemptions and conversions of the. various issues resulted in a funded debt of $37,069,000 as against $26,902,000 at Jan. 31, 1953—V. 179, p. 390. Central Mutual Telephone Co., Inc., Stock Manassas Va — Offered—Folger, Nolan-W. B. Hibbs & Co., Inc Washington, D. C., on March 31 offered 16,000 shares of capital stock (par $10) 4,000 shares were at $12 per share. An additional subscribed for by certain stockholders 1 1 Number 5317 Volume 179 The Commercial and Financial Chronicle ... CIMes Service Co.—Sells (who did not waive their preemptive rights) at $10 per share. The to amounted income net to 179, $23,538.—V. The group Halsey, bids on Stuart Co. bid Inc. 100.049, for also 3'/as. First * Boston series The ranging 100.66% to will 103.49% redeemable be to at in and par, from time par, PROCEEDS—Net from 1, financing the used This corporation, . by 1983. | purchasing, transmitting, distributing and selling electric Dec. 31, 1953, the company furnished electric service to 198,885 customers in 93 incorporated cities and towns and 115 un¬ incorporated communities, and adjacent rural areas, located in 42 counties in south Texas. The company is also engaged to a limited extent in the sale of ice. For the year 1953, about 94,3% of the total operating revenues of the company was derived from the sale of electricity, and' about 5.7% from the sale of ice. ' ' erating, At EARNINGS—Operating revenues for 1953 aggregated $30,441,768 and $5,682,344, compared with revenues of $27,205,001 and income of $4,692,840 for 1952. EFFECT John H. White, who joined Climax Series • B, 3y4%, due Oct. 1, Authorized Climax C, D, 31/a%, due March 1, 1982__ 3%, due Nov. 1, 4% letter A stock Common 179, shs. Dec. at notification of the pr-incipal thereof amount purchase from the which are company the of names purchasers from ry. purchaser each has bonds agreed from Gross a year ago, and other facilities. The its with the $20) to (par SEC on railway Gas Co.—Application by Ohio Fufel stock and an with respect to the pro¬ additional 130,000 shares involving estimated expenditures of $22,517,000 for under* storage and production facilities, transmission and dis¬ program ground gas tribution lines, and other facilities. To Increase Investment in This corporation has also joined Alleghany Gas Co., in the filing . subsidiary, Cumberland 8s amount; April 26, and 1954, the Commission request to has given interested persons thereon. The financing is hearing a said to be for the purpose of supplying Cumberland with funds required to complete its 1954 construction program involving, estimated ex- penditures of $1,546,600 for gas wells, transmission lines, and other facilities.—V. 179, p. 1610. York, Combustion Engineering, 1952 its of an application with the SEC respect to the proposal of Cumberland to issue and sell to Columbia 4,000 additional shares of its $25 par common stock,' at par, and $600,000 principal amount of instalment promissory notes, at market New Unit— with with This 1953 of $12,650,000 of notes, at the par principal amount thereof, and to purchase of such shares, and by Columbia. Proceeds are to be used for the purpose of supplying Ohio Fuel with funds to finance its 1954 construction common notes covering the at through Fahnstock & Co., selling stockholder.—V. 178, p. 851. a Fuel par Colo. April 6 offered be Ohio $45 and named President was share) per 1954 filed corporation > distribution and Inc.—Registers With SEC— registration statement with the SBC on April £', 1954, covering $15,000,000 of sinking fund debentures due 1979, 1951 a $1,667,289 487,323 $2,004,273 $2,090,591 $2,065,625 870,115 973,731 980,330 The 263,689 730,027 884,284 915,172 underwriting terms 3,481,192 4,195,538 4,228,692 4,179,080 1,183,806 1,854,870 Net proceeds of the financing will be applied to the prepayment of $10,000,000 of term notes due 1954-1959, incurred to provide a portion of the funds expended for plant expansion, and all short-term bank 1,621,865 1,888,916 1,742,943 2,035,714 761,204 1,929,593 loans outstanding under the company's regular lines of nally railway incurred volume income— oper. from Net from to be Net ry. —V. railway railway income— oper. 179, p. 1157. and offered First mainder for public Boston sale through Corp. The an interest underwriting group headed ty public offering price and rate, to be supplied by amendment. are Coleman of to the finance net an proceeds increased will be added to of origi¬ credit, business. The re¬ the company's general funds and will be available for general corporate purposes. Bank loan notes outstanding On March 31, 1954, amounted to $4,450,000. - to follows: as proposed a .... 3,197,300 shs. the to Manufacturers Light & Heat Co.—Application with respect and sale by Manufacturers of 149,784 addi¬ shares of its $50 par common stock and $14,160,800 principal (3) of From Jan. 1— 100,000 shs. of to posed issuance and sale Clinchfield RR.—Earnings Net 18,000,000 5,500,000 filed was of common stock account of Gross 3,197,300 shs. 1953) 31, UNDERWRITERS—The respect the par and principal amount thereof, and shares and notes by Columbia. Proceeds are applied to Manufacturers' 1954 construction program, estimated at $26,513,000, including underground gas storage and property addi¬ tions and improvements. 710. p. February- (2,397,300 $10) (par the Net $5,500,000 100,000 shs. with be until 10,000,000 F, 3Vb%, due April 1, 1984 sinking fund debs, due 1974 (par $100)-- Co.—Application contribution by Columbia to United Fuel, the issuance and sale of $12,800,000 of notes Columbia. These transactions are for the pur¬ proposed issuance principal 10,000,000 pfd. stock, cumulative Fuel to of notes, at purchase of such the Clinchfield Coal Corp.—Files With SEC— 1 due May 1, 1983 Series 27/a% Gas capital The the tional $35,000,000 molybdenum a Uranium, with headquarters at Grand Junction, Arizona."—V. 6,000,000 Series Series E, 4Yar/o, 397. p. operations on the Colorado Plateau. Mr. White will be in charge of the planning of new milling facilities and the acquisition of new uranium deposits in the Plateau area, and in Utah, New Mexico and $24,875,000 Series on of (2) to our Outstanding 1977 1980 (EST) a.m. ' "Because of the scope of opportunities that our successful experience in uranium has opened," Mr. Bunker said, "we have decided to expand FINANCING PRESENT TO the start that $2,003,000 announced management changes to implement the new Carroll L. Wilson, formerly general manager of the Atomic Energy Commission, has been moved from his post as President of Climax Uranium Co., a wholly-owned subsidiary, to devote full time to direction of industrial development for the parent company. He will remain a director of Climax Uranium. 1 for GIVING Fuel cash respect United Stations, after said He Bunker Mr. (approximately $32 bonds— Series A, 3Wo, due Nov. 1, 1973- servo-mechanism program. 1,500 shares mortgage and the end of the year.—V. 179', which has just completed net CAPITALIZATION for products of orders shortly plans further diversification in the field of alloys and new metals, including an increase in uranium opera¬ tions, Arthur H. Bunker, President, disclosed on April 8. net Income was First 11:30 supplying United Fuel with funds required to finance the portion of its 1954 construction program involving esti¬ mated expenditures of $29,080,000 for underground gas storage and production facilities, transmission and distribution lines, compressor expansion project at Climax, Colo., of BUSINESS—Company is a public Utility engaged principally in gen¬ energy. to up amount prices to time be¬ ranging from be will by to the company to pay a part of the cost of additions, extensions and im¬ provements made and to be made to its electric properties, and to redeem its $8,000,000 first mortgage bonds, series E, 4Vb'/c, due May proceeds with pose Climax Molybdenum Corp.—Further Diversification— general redemption part for debt retirement purposes at prices plus accrued interest in each case. 1956, which it has been making since of Korean hostilities, according to Mr. Ciary. 101.3599. bonds F from ginning in company has a backlog of $4,000,000 in Instrument Division, including gyroscopes all Corp., and other Four designating a 3 Va % coupon, viz: Merrill Lynch, Pierce, Fenner & Beane, Salomon Bros. & Hutzler and Union Securities Corp. (jointly), 102.3231; Kidder Peabody & Co. and B.yth & Co., Inc. (jointly!, 102.099; Kuhn, Loeb & Co., 101.82, and The company 1370) major components of the total will be delivered by the by 179, p. to Investments— United $11,500,000 he disclosed. expansion, The its bid of 100.09%. a & received, were continued award of the issue at competitive sale won April 12 on To Add (1) Delivery is underway on initial orders for the precision unit and manufacturing facilities are being enlarged to accommodate the most production order, according to Paul Meeks, manager of the division. The instrument assembly area at the San Gabriel (Calif.) factory currently is being doubled and provision will be made for recent $18,000,000 first mortgage bonds, series F, 3 V8%, due April 1, 1984, at 100.486% and accrued interest, to yield 3.10%, was made on April 14 by a purchase group jointly headed by Lehman Brothers and Glore, Forgan & Co. V. corporation has joined with three of its subsidiaries in the "filing of applications with the SEC, as follows; and the Commission has given interested persons until April 21, 1954, to request a hearing upon the respective applications: This corporation has begun manufacture of a new guided missile component, augmenting the defense production program of its Instru¬ Division, Hugh L. Clary, President, said on April 14. Central Power & Light Co.—Bonds Offered—Offering received This ment of be (see 3 1610. p. , 1477. p. will April 21 179, Clary Multiplier Corp.—New Defense Contract— provides company while bids Holdings in Unit— below.—V. Co. for improvements and addi¬ to be used to pay are plant. telephone service to all of Prince William County, except the northeastern section, the northern part of Staf¬ ford County, and the southeastern part of Fairfax County, Va. Operating revenues for the year ended Dec. 31, 1953 totaled $323,776, The Service Gas See net proceeds tions (1719) Engineering Co., Inc.—Stock Sold— . Lehman Brothers Olore, Forgan & Co G. Becker & Co. A. $2,250,000 2,250,000 Inc.- 1,360,000 Co & Paine, Corp. 500,000 300,000 Green, Ellis & Anderson Ira Haupt & Co 300,000 750,000 Foster Michigan Marshall & Webber, Rauscher, 1,360,000 Pierce & Stetson Corp. S. Strauss & Co Stroud & Company, Inc. J. C. Wheat & Co The —V. 179, 1610. p. The company Development to be used named underwriter.—V. r ■ Secondary Offering—A secondary offering of 26,500 shares of common stock (no par) was made on April 14 by Paine, Webber, Jackson & Curtis and Lehman Bros, at $52.50 per share, with a dealer's concession of $1.10 1 Ltd.—Dividend— per Stores, Inc.—Current Sales Up 2%— Period End. March 27— Sales 1954—5 Wks.—1953 share. The 1954—13 Wks.—1953 1954 $22,336,690 $21,897,670 $57,946,100 $55,700,472 —V. 179, It completed next day.—V. 179, was High has reported that total net assets as all-time high of $72,766,000. This $6,500,000 since Dec. 31, 1953 when net assets the of March is a 31, gain totalled ci $66/- 290,000. The Colorado & Wyoming 176, p. 2062. 1157. at New Investment Co.—Assets p. company reached nearly 1157. p. . . . ■" Vickers Brothers, New York, has been working capital. as the as 1478. p. v. . Commonwealth J.—Files With SEC— a Co., ... 179, ■ ■. - on April 14 resolved to recommend at the forth¬ annual general meeting that a first dividend of Is. 6d. per ordinary share be paid to the holders of ordinary shares outstanding. The proposed record and payment dates will be announced later.— V. 171, p. 1259. 200,000 letter of notification with the SEC covering 30,238 shares of common stock (par 10 cents) to be issued upon exercise of warrants at 75 cents per share. The proceeds are April 12 filed on ■■ - directors Colonial Chase Chemical Co., Newark, N. of said shares having all coming 500,000 200,000 Securities J. 1, selling stockholders.—V. :• '■ 150,000 1,000,000 six went to f : Colon 1,360,000 April on The corporation is a leading manufacturer of large steam generating equipment, used principally by the utility industry for the produc¬ tion of electric power and of chemical recovery equipment, flash drying and incineration systems, and certain types of fabricated products.- :f ' " ' ■ ' ■ ; y \ '■ - '/i%W.. v '■? Co. Hornblower & Weeks 300,000 .1%% 1 '. Inc. 400,000 Reinholdt & Gardner 250,000 L. F. Rothschild & Co._ 1,360,000 Johnston, Lemon & Co._ Kaiser & Co through Wilson, Johnson & Higgins, San Fran¬ shares of Class A common stock (par $1) at 7,700 net, proceeds Jackson Curtis & The of share was completed per sold. been 750,000 offering Calif., $5.62 Y2 Hanseatic Corp. 200,000 Pancoast of York recent The cisco, 150,000 New 250,000 Dewar, Robertson & First $500,000 Co. 1,360,000 Blair, Rollins & Co. Inc. Cohu Laird, Blssell & Meeds— Metropolitan St. Louis company has now shareholders 40,000 over 10,000,000 outstanding shares.—V. Ry.—Earnings— 179, p. and than more 1157. ' - ' ■ ' ' ■ • ' : ■ ■ tiifcates Offered—Halsey, Stuart & Co. Inc. and asso¬ ciates on April 16 offered $4,695,000 of 27/s% equipment trust certificates, maturing annually May 1, 1955 to 1969, inclusive. The certificates, offered at prices scaled to yield from 1.65%ito 3.00%, according to maturity, were awarded to the bankers on April 15 on a bid of 99.509. Salomon & Co. The bid issue railroad Diesel Bros. is electric prich & Co.; & & p. road 99.101 for 27/as Kidder, and Net ry. certificates is subject 3 Diesel V Net —v. Columbia Gas issue offering R. W. to Press- & Co.; Wm. 1610. E. ' & Co., %;•%: ' corporation April on 12 filed a at shares Inc.; With registration statement with the stock.—V. 177, p. 723. ~ for this Net and sales the in second corporation's 1953 totaled highest $22,145,892, representing more unit sales dollar sales in the company's history. After and Federal income and excess profits taxes, the net income amounted to $1,814,823, equivalent to $2.42 per share on the 750,000 chares of common stock outstanding. In 1952, net income after ex¬ expenses and Federal income and excess profits taxes was $2,293,444 or $3.05 on the 750,000 shares of common stock outstanding. Federal income and excess profits taxes for 1953 totaled $2,722,643 or $3.63 on the common stock. It is estimated that of taxes paid in 1953 approximately 46 cents a share represented excess profits tax, which expired Dec. 31, 19l53. penses The corporation's financial position continues strong. Working capi¬ against $7,505,043 in 1952. Current assets were $11,507,715 and current liabilities amounted to $3,855,282 a ratio of 2.98 to 1, while in 1952 the current assets were $13,837,076 with current liabilities equaling $6,332,033 a ratio of 2.19 to 1.—' V. 178, p. 2091. tal on Dec. 31 last was $7,652,433 275,530 107,727 175,745 59,408 who 543,099 218,709 97,755 decision a Title Co. of Philadelphia—New Pres. formerly Executive director of becomes Chairman H. Brown, Bank, Jr., has the Senior been Vice-President, company of the Board to succeed Vice-President elected has been elected William M. Wes&, of Directors. the to of board Girard of Trust Corn directors. Consolidated Cement Corp.—Sales and Earnings Up— Dec. be this of company's Net amount the of 1958, with the converted in 1955. 31, may corporation to subordinated deben¬ stock from limitation that not more authorizing principal shares The company of $100 principal stock held amount of record of Net earnings ♦Earnings per class the for the * issue sell and senior debentures to underwriters term templated The here 'the bank borrowings for gas storage purposes August, September and October, 1954. during Commission determined under that the involved, rejection of the subordination debentures protection methods of of not was investors financing required or In the consumers, "necessarily or special are It is proposed to to subscribe offer on ordinated convertible mature May common The 1, 1964, shares or in to underwriter the basis of $100 of The subscription price will be determined by record debentures will be par competitive stock $0.11 outstanding.—V. 179, Inc.—Registers Definitive Bonds Ready— The National City Bank of New York has announced that it 13 prepared to deliver definitive first and refunding mortgage bonds 3V2% series I, due Feb. 1, 1983 in exchange for temporary bonds of that issue.—V. 179, p. 1611. con¬ | April 21 t)he 10 for $50,000,000 of new sub¬ be dated May 10, 1954 and to held. A circumstances convertible features of of class of applied by the company towards (l)|the cost of redeeming, at 102%, $27,982,000 principal amount of New York Steam Corporation first mortgage bonds, 3V2% series due 1963, due July 1, 1963, and (2) the cost of redeeming, at 103 %>%, $25,000,000 of Westchester Lighting Company general mortgage bonds, 3V2% series due 1967.- public interest or for the would various alternative in greater economy to Co¬ stockholders May debentures on shares Consolidated Laundries Net for each (flat). bidding, 36 periods before Federal to $379,464 amounted to $190,534, common This and 55 or fiscal 1954) providing for Federal income tax*iJ cents per share on 347,700 shares of after stock outstanding. and $161,883 March and with net profit after providing for compares $322,071 to Corp.—Earnings Show Gain— income taxes for the first three (from the first of the year to and including March 27, profit amounted common before 99,910 statement with the SEC on April 7, 1954,covering $50,000,000 of first and refunding mortgage bonds, due May 1, 1984, to be offered for public sale at competitive Net proceeds, together with other company funds, will bj bidding. lumbia in the raising of capital." right $11,100 $0.62 share_„ series K, nor result $61,600 A Consolidated Edison Co. of New York, the amounts of $40,000,060 in June and up to $40,000,000 in September, 1954 with some part of the latter $40,000,000 perhaps obtained by bank borrowings In the last quarter of 1954. In addition, $35,000,OpO short on The company filed a registration 1954 construction program is expected to involve expenditures of approximately $105,000,000. In addi¬ these construction requirements Columbia has out¬ Construction bank loans of $25,000,000 due on or before to Based Bonds With SEC— meeting proposes 11,100 1263. p. under¬ company's to $838,700 75,600 __— for each 36 record date (April debentifres on 1953 $950,400 __ taxes proposes common stockholders the right to purchase the deben¬ subscription price equal to 100% of their principal amount rate 1954 sales Earnings before common 3q 1954. Sale of the $50,000,000 of debentures is the first step in providing the required funds for these purposes. Subsequently, of a Three Months Ended March 31— -Sept. it Waltz, and George System, Inc.—Financing Approved— into common standing , B. Exchange construction tion products showed a marked increase In the first quarter of 1954, Sol Furst, President, said in his re¬ marks to stockholders in 1953 anrtual report. He added that the increased sales were accompanied by higher selling prices. 568,407 its a the of The net Circle Wire & Cable Corp.—Annual Report¬ Demand John the successful bidder or bidders to purchase those debentures not purchased on the rights offering. The interest rate, conversion price and redemp¬ tion prices for the debentures have not yet been fixed by Columbia and will be supplied by amendment. The payment of principal of, premium (if any) and interest on, the subordinated debentures will be subordinate, in the event of dissolution or similar event, in right of payment to the prior payment in full of all senior indebtedness. EEC covering 10,000 shares of its capital s' Commonwealth 88,673 614,368 21, 1954), The company plans to invite sealed bids writing of the debenture offering to stockholders, .f;;;' Cincinnati Fund, Inc., Cincinnati, O.—Registers Securities and Exchange Commission— The offer and Gregory Son, Inc.; Ira Haupt & Co.; The Illinois Co.; McMaster Hutchinson Co.; Mullaney, Wells & Co.; and F. S. Yantis & Co., Inc.—V. 179, Freeman Pollock are: 54,171 163,785 82,424 $50,000,000 convertible tures, at the in 32,631 459,094 issued 1, 1955 to $25,000,000 than the has sell and tures, Jan. of SEC _ Stuart 57,984 179, p. 1157. The ° Commission. Halsey, $256,092 President railway from railway ry. oper. income— Net Peabody authorization the to 1951 $293,172 93,438 income.— oper. from Gross than less 1952 147,572 38,759 railway railway From Jan. 1— new not cost 1953 $309,163 72,351 from from standard-gauge $5,868,750: 25 electric switching following the by to switching locomotives; caboose cars. 25 the with secured estimated Commerce Associated bid Gross Net 3s. be to and of Issuance Interstate - for equipment locomotives, ,8 Hutzler & 99.363 1954 $219,910 February— i - Chicago & North Western Ry.—Equipment Trust Cer- 28, or 46 cents per share 1953.—V. THE COMMERCIAL AND FINANCIAL. CHRONICLE 179, p. 1047. before Federal income Federal income taxes taxes of amounted in the corresponding period ending 1 (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; a week [every Thursday (general news and advertising issue) with a statistical issue on Monday.] Other offices: 135 S. La Salle St., Chicago 3, I1L London, E. C., England, c/o Edwards & Smith, Copyright 1954 by William B. Dana Company. Reentered as second class matter February 25, 1942, at th3 jr .il office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-America n Union, $48.00 per tyear; in Dominic.3 oi Oanada, $51.00 per year. Other Countries, $55.00 per year. William Dana Seibert, /Telephone STate NOTE: On President. 2-0013); account of the 1 Published twice Drapers' Gardens, fluctuations in the rats of exchange, remittance for foreign subscriptions and advertisements must b6 made in New York funds. 4 (1720) The Commercial and Financial Chronicle... Continental Foundry & Machine Co.—Expansion— This of completed has company worth 000 machine new installation tools in the of approximately Diamond Portland Cement Co., Middle Branch, Ohio —Files With Securities and Exchange Commission— $3,000,- machine shops of two of the company's plants—East Chicago, Ind., and Wheeling, W. Va., it was announced by M. G. Sternberg, President. The company also operates plants at Erie and Coraopolis, Pa. 'V Mr. Sternberg pointed out that installation of the new facilities will The company April 8 filed on covering 13,403 shares of letter of notification with a stock common the Net $564,426 SEC ing, (par $1 to be offered at $21.50 through Merrill, Turben & Co., Cleveland, Ohio. to provisions are be used lor V. 156, 160. p. The net pro¬ in part to replen¬ general corporate purposes, working capital previously used to purchase | j Cornell-Dubilier Electric letter of notification was Corp.—Files— filed with the SEC The corporation publicly at $1.50 per V. 178, p. 384).—V. 178, p. 1272. share (see details in Hawaiian contract office has and consolidated $394,701 for $399,900, were Construction will available for be The with entire to April 6.—V. 178, the vote, capital by stock vote a to of at the shares opposition. adjourned for 2,500,000 shares more -than annual management Management's proposal from 880,000 meeting has 1,500,000 shares. with increase to April on contrasted ized by future • R. Rackmil, President, said: shares been stockholders will give plans for expansion \,.V ' ,• • the Gross from Net - 1 • • . ■■ - Delaware Fund, Inc.—Net As from ry. Gross outstanding 179, p. share per «;«. been where to elected Dole fruit personnel 179, p. President officer cocktail of the since and Energy 13%— is apply for packed. of Paul H. Van Hoven ; $16.94 $15.55 project and atomic nuclear for Atomic study reactor Plans vate the power of $446,100 $690,800 $425,100 114,232 98,378 256,835 101,520 ♦3,457 3,056 140,393 21,262 828,500 1,332,600 851,300 191,529 132,184 101,520 223,562 ♦48,750 69,344 21,262 53,315 called to since Executive succeed Chemical-Detroit Project. The operation will the advances the the and companies Associates aimed industrial an - of which the he American was 1927.—V. at of included Atomic making in Power of use estimated to go $300,000 reimburse Federally-owned handle of the AEC fissionable the funds the This Fund's shareholders, Mr. company. formerly elected Germain Treasurer Comptroller 121, p. 983. 88th and of continues government National for work Laboratories materials. Such heat in in be not are three performed and In available now • , . assets corporation, for the first quarter of this year, missed break¬ pennies, M. J. Zivian, President, told shareholders at the annual meeting April 12. Preliminary figures show a loss of about two cents a share. In the same period a year ago. earnings were 70 cents a share. Sales lor the, quarter were off from last year's $28,803,000 to $12,330,000. ing even by ■ Mr.; Zivian V the lower which said sales that two conditions One volume. was the were sharp began mainly decline responsible for in steel demand last year and which continued through the first quar¬ other was that the completion of the last three projects company's expansion program came too late in the quarter benefit operations, ter; in the the to Mr. and Zivian to ne« the 1.3, absorption the of drop in earnings non-recurring pits arl the decreased in blooming 1047. p. to expenses JiearWV' •: soaking ,°™ —V. attributed starting mill first & has quarter volume up t ie departments. Diamond Alkali Co.—Changes in Personnel, Etc.— company. tive of or directors on April the Board and John They previously held the respectively. Vice-President, ^ Mr. Evans,function in the to continue milinp_ whlIe \/r Mr- i.3, Stock 31, $24.16 if. ■ outstanding 1953, and < , value at the year-end.—V. ■ \ :■ Period End. March 31— Sales chief Sargent, post executive with President Board as officer of long-range and sams taxeswas taxes was i "i ° and fnr for the company and ended March 31, 1954, were ^S peL*hare CZ\PreJ taxes This $22 184 991 with net earnings rf °fof fC°i^0n stock on the quarter and certain 19^3, restated other items to for same reflect of $1,399,610 or number of shares the 1953.—V. average 179, p license corporation must construction before the it starts that means foreign or that the feasibility 4. 179, It interstate construction. the of project the com¬ there¬ company The until a- p. Toronto, Canada—Option Extended 7 of announced the option the covers of four the granting of an extension of purchase shares at $1.25 per purchase warrants presently to drilling at a depth forth in set program of approximately the last annual > ' freight car its made to 12 the that first The new car six carries delivery York New of use The 6-Car Auto Loader New York Freight 8ta- designed and built by was auto an as in autos Kingbridge the Evans . . carrier, the Auto new types of freight normally shipped many instead vt automobiles new Central's ' to carry Loader Hat oil be can cars, v designed to conform to both AAR Car requirements as well as those of the Inter- Construction was Committee state Commerce Commission. . ! present Auto Loader built was on a 70-ton • flat Future car. call for using a 40-ton car and consideration is being given to using a 57 foot 6 inch flat car which will handle all stock autos. ' The 6-Car Auto Loader evolved from the conventional Evans 4-Car Auto Loader, on which the company holds patents and which is installed in «Hore' than 30,000 box cars owned by the nation's rail-' toads. March on t 31 was The compared - 863,451 compared at $5,773,971 total, The Evans •, ■."v."- «.i ; /"■"• •. while 36 in commercial Lake Its uses. Ave,, is and $7,938,471 $14,650,527 $17,393,408 Pasadena, engaged sale processing I American G. Bixby, corporation Corp. executive scientific, industrial, located are at 717 and North Calif. March company incorporated was Computer. Corp. in its present name March 3, 1954. As of Jan. 1, 1954, it took over the assets and business of the Computer Division of Consolidated Engineering Corp., and is now the wholly-owned subsidiary of Consolidated. California, Oct. 1, 1953, and changed data certain the this division of was Consolidated operated in every independently respect except analysis remained with .- • ■:. [ for assets , transferred UNDERWRITERS—The Ihc. purchase below proceeds is acting from such of subscribed Bache Dean & to to Co., Witter & the box of cars 8 announced in that March on subsidiary, 1, the Ex-Cell-O England. new subsidiary acquired all of the assets, machinery, equipment and inventory of of Leicester, England. subsidiary will tool lines now commence being to produced manufac¬ by the Ex- 177, p. 240. April on to are Carl 9 177, p. class a letter of A stock to Bleidung, for used be filed of J. notification be offered Washington, operating capital D. with at C. the par ($Y net operating and The ex¬ 1579. Fetiders-Quigan Corp.—Sales and Earnings Up— Period End. Feb. 28— Net 1954—6 Mos.—1953 sales Profit before income taxes Net income tEarnings were 5Vi>% $992,618 share per ♦Preferred 1954 cumulative 1953. tBatsed vision for $225,480 *$0.58 dividend increased 1954—3 Mos.—1953 $25,326,298 $19,006,945 $16,450,680 2,198,741 180,137 1,857,852 1,206,123 Cr45,343 1,023,879 taxes_____ the 196,552 103,101 $833,973 $0.11 requirements for $93,451 *$0.50 first six the sale of 41,338 shares of by $11,262,671 $0.04 months new of $50 par fiscal vajue convertib'e the on preferred stock—1953 series—in April. 1,578,444 shares currently outstanding, after pro¬ preferred dividends.—V. 179, p.923. the of the for upon the company 450,000 the company named representative, exercise have of of new *700,003 Feb. on of as below, respective shares Federated The a Department Stores, corporation the use funds Of the the of total, $1,000,000 Chicago on promissory New Bankers Trust Inc 33 on 16 for firm 5, Jan. 1954 1, whom Flintkote in 1954. B'.yth commitment percentages set forth capital stock as are This & Co 16 Co 10 Walter & taxes was and 1 Hill Richards & Co 5 5 See also VJ 170, p. 1611. Hopkins, Harbach & Co 5 Lester, 5 & Co after banks First and National wilt Bank Sept. 1, 1956, and $500,000 each York, and the National City Bank to mature March 1, 1956.—V. 179,, For after taxes on Wagenseller & Durst, Inc.- 5 was 45 shares Net —V. 178, as and of the income. stock a of for against P. 853. the the on , of periods $17,629,221 . cents in a 1953 S. these on three of income Canadian on out¬ periods common the the corresponding Federal net and dividends shares share accounting income of net Canadian of U. for for three 1954 and for allowing 1,260,435 53 the 27, S. periods income net with three U. $853,563 After share compared March for corresponding provision for report ended $693,649 outstanding at the end sales 241,614 cents Higher—Earnings Off— subsidiaries 1 provision income. on $745,666 outstanding of its beginning Jan. $646,110 1954 Hurry, J Ryons The due New notes Co.—Sales company periods Federal Inc. notes Co., promissory from three sns. warrants: Bingham, received was 104. York In<y—Bank Loans— has borrowed $2,000,000 from working capital. for Outstanding 1,003,000 shs. Consolidated the underwriters as & Co. Waiston in use , a damage-free, against shifting1 2572. be located to 142,875 shares standing- preferred Blyth Loader, loading in now 178, p. United States.—V. through penses.—V. P- FINANCING .- . ($1 par value)— ♦Including 250,000 shares issued not York 6-Car the machine the corporation of PRESENT Authorized Co., the covering from EFFECT TO 1 & and Consolidated. GIVING ■ exchange 1954, buildings, in share) per de¬ Only this division was taken over by the company. activities, including those in the field of dynamic recording CAPITALIZATION to other of accounting control. other New second Family Digest, Inc., N. Y.—Files With SEC— The SEC as pertained to data computation as well as equipment as pertained to data reduction. This an outgrowth of ipart of the activities of Consoli¬ field of dynamic recording and analysis. From its was in the A such eiuipment dated inception 31, & Sons, Ltd., of some equipment of DF car wholly-owned new, It is intended that the English ture to The Computer Division of Consolidated was established as a separate operating unit in November, 1952. It took over the design, de¬ velopment, manufacture, and marketing iof such electronic processing is April a Ltd., Consolidated as the box Loader on formed land, Bray Federal The President had Cell-O Corp. in the design, devel¬ standard and specialized of for. offices produces secures DF to tests. by the Union pacific Railroad. railioads.—V. (Machine Tools) Alfred primarily lease or equipment also that The transit. Class H. 1954—3 Mos.—1953 ElectroData share for each two Consolidated shares held. The subscription offer will expire at noon (PST) on April 29. Further details follow: data device released been performance Ex-Ccll-O Corp.—New English Unit— - one manufacture, has use with are being first' of¬ subscription by common stockholders of Con¬ solidated Engineering Corp. of record April 8 on the electronic Loader over-the-rail being built for company dunnage-free approximately 438,000. shares opment, Auto lor is ' fered for basis of 6-Car System Loader : : - .. with $26.90 was first Central On Federal 203. kind When not in The ElectroData Corp., Pasadena, Calif. — Stock Offering Details—Mention was made in our issue of April 12 of the offering of 450,000 shares of capital stock (par $1) at $3.50 per share, with Blyth & Co., Inc., Los Angeles, Calif., and associates underwriting the issue. ; Of the will and dividend, is eauivaon 2,264,073 shares of commork stock issued compares .••••.*••.«• policy as ^o^72,9,15, for the corresponding quarter in 1953. fiS thCh after preferred stock for Federal income «me ***?* Provision which, $1 329 $1,329,693 outstanding. income quarter plan. of and by recent diamond This April on including and President, will direct the general, wfLi^"fay vacated manaSement of company activities. The Executive VicePiesidency, by Mr. Sargent, will not be filled at this time. Net outstanding 1954—Month—1953 Execu¬ Chairman; the planning 1047. p. •• • 890,191 share —V. 179, p. 1264. Capital stock newly-created as c°ncerne.d this commences 174, p. 2355. usual used ' . , Fund—Quarterly. Report— per 179, V'V;- . of the of project, Products Co. ; Edison Brothers Stores, Inc.—Sales Off— All Raymond F. Evans as Sargent as President of the positions that interests investigate April on (tion in the Bronx. Fund—Quarterly Report— Shares totaled asset elected A. . 1954. of Howard Shares Dec. policy koaid FPC an not exercise feet. City served This Fund's 90th quarterly report to 5,500 shareholders shows assets of $23,948,899, an increase of $3,088,029 during the first quarter of partments Chan man will the new the { to report, issued fo approximately 21,090 $111,904,743, an increase of $9,941,487 of BUSINESS—Corporation Detroit Steel Corp.—Sales and Earnings Sharply Off— This Proposed — Evans Products Co.—New 6-Car Auto Loader— A equipped privately-owned laboratories. This special undertaking by the AEC in addition to work now going on in the National Laboratories which, will benefit both the Dow-Edison project and other study groups working in the power reactor field. Walker L. Cisler, President of the Detroit Edison Co. and Chairman of the Dow-Edison Project Management Committee'said: "Work under the new agreement will move the project out of the predominantly paper study stage, and further into a stage where actual physical development will be predominant." * ; Cisler defined the mair* objective of the Dow-Edison Project as "the development of a new source of heat energy; that is, nuclear fuels to compete commercially with conventional fuels."—V. 179 p. 1478. . the represented by stock for nine months from June 1,000 the is ' ruled approval that affected by the obtain report.—V. corporation he 3,343,076 have Dow-Edison by to authorized facilities has FPC license before it constitute found be indicated ore ; the which . quarterly shows the Eaton Bow- Development nuclear budgeted Corp. plans 1954. . spending of about $2,500,000 of pri¬ 26 19oo.—- outstanding, 1, 1954, to March 1, 1955. According to the announcement, this extension will cover the period of sinking the new TL Shaft now under way to investigate the new has been promoted, to who has served as acting Edward B. Germain, former Eaton & Howard Balanced Dow-Edison Dow-Edison's of Exchange (Canadian) Auto ago. An to Is between components not has directors for share Collett, compared With 3,253,985 and value per share $33.47 compared with $31,33 at the year-end.—V. 179, p. 1611. steam-electric generating plants. The companies invested about $1,500,000 in the study, which began already years by Edison project where does must time Vice-President, David B. last during be built and tested. for furnished 15 and 1157. p. in an advisory capacity. " Crawford also has been since ¥ Commission point system may 1954 money Energy the to April on an Eureka Corp., Ltd., 904,600 179, Commission accept and would The $463,000 Crawford, Chalrman property Detroit Edison Co.—New AEC Agreement— announced 2 fore 1951 railway totaled agreement 1955, , 1952 railway—___ income & Power license application is filed.—V. resigned September when President, was granted a leave of absence. Mr. Collett, a director of Dunlop Rubber Co. Ltd. of London, continues as Director and Vlce- The SEC has issued Bn"order giving interested persons until April 23, to request a hearing upon the bond financing proposal of this company. As previously reported, Delaware Power proposes to issue and sell at competitive bidding $10,000,000 of first mortgage and col¬ lateral trust bonds due 1984. Proceeds are to be used for new 1954, years proposed April 1954, A $11,000,000 for the hydroelectric project on the shore of Lake Erie hi. Chautauqua County, N. Y. The company filed a declaration of intention—to construct the pro¬ posed project—with the FPC last Dec. 8. The Commission's action on He 1953 oper. President Delaware Power *& Light Co.—Hearing on Financing - a Commission Manager. , income Presidency Mr. ^ at Accumulation The Federal Dole Sales Co. General 1478. railway from from serve 1611. and electric loll. p. Commission railway______ Glenn 1264. additions and improvements,—V. 179, p. turbines, Project— Dunlop Tire & Rubber Corp.—Crawford President— ■ - * • steam 1478. p. Mar.31, '54 Dec. 31, '53 $18,047,297 $15,937,610 1,059,689 1,025,259 _ of pro¬ is estimated 179, mid-December. Jose, sharing the new building The consolidation is being carried out efficiency of Dole's two California divisions. executive ♦Deficit.—V. any \ /;: ' assets Net asset value —V. in by 1954 oper. Net ry. author¬ the net Shares 179, Assets Up of— Total completion From Jan; 1— approved was V. division. has 1.—V. Net 16, authorized shares Francisco operating chief 147,850 compa«ygreater flexibility diversification."—V. or scheduled for February— Net additional taxes dividends. loan gram Duluth, Winnipeg & Pacific Ry.—Earnings— » "The the Voss J. ' Milton after are same proceeds of the financing are to be applied to the prepayment of notes of $3,000,000 incurred for previous construction ex¬ and the remainder will be added to the company's working capital and will be available for construction. The construction Duluth, MIssabe & Iron Range Ry.—New President— Inc.—Management Slate Reelected— announced 937,000 the the penditures 178, p. 2475. Fred management of this corporation received an overwhelming vote confidence on April 16 when stockholders voted more than 6-1 continue the present board of directors. The quarters to outstand¬ for Net bank its and merce The for San production improve —V. 295. p. from move last Jan. indicated division San secondary offering of 5,000 shares of common stock (no par) was made on April 5 by Blyth & Co., Inc., at $6 per share, with a dealer's discount of 40 cents per to is and A of production within 10 days. Some warehouse areas will by mid-July for the peak summer canning season. will on both amounted shares begin use structure factory of the production division About Jan. 1, 1955, the offices with Decca Records, Jose 64,000-square-foot building will have warehouse space for more 300,000 cases of canned goods on the first floor and air-condi¬ tioned offices on the second. .It will be located adjacent to the main Crowell-Collier Publishing Co.—Secondary Offering— completed San than reported for 1952.—V. 175, p. 1647. was its The 1352. It of Inc. compared for 1954 shares amendment. by this company for tonstruction of building at San Jose, Calif., to house the presently located in San Francisco. Henry A. White, President, announced on March 31 that the gen¬ eral contract for the building has been awarded to Carl Swenson Co., Consolidated net income after provision for taxes was $769,534, equal after preferred dividends to 76 cents per share of common stock. This compares with net income of $773,457, or 74 cents per common share share. Co.—Expansion— awarded operations . 1953 Pineapple been warehouse marketing division, This corporation, in its annual report for the year 1953 shows oper¬ ating income, before taxes, of $747,507, compared with $873,971 a year during ago. Figures preferred stock 31, common 530,180 on The company filed a registration statement with the SEC on April 8, 1954, covering 40,000 shares of cumulative preferred stock ($100 par), to be offered for public sale through an underwriting group headed by The First Boston Corp. and G. H. Walker & Co. The interest rate, public offering price and underwriting terms are to be supplied by Diversified Funds, Inc. above.—V. 179, p. 1047. Dole A an Corroon & Reynolds Corp.—Earnings for Year— received April 1, 1954, to York is transfer (Tex.)—Stock Sold—The sold Dividends effective name, year for $1.23 or Empire District Electric Co.—Registers With SEC— 820,000 shares of common stock (par 10 cents), offered last July by Vickers Brothers, New York City, have all earlier. its Diversified Investment Fund, Inc.—New Name— See been changed Investment Fund, Inc. The Bank of New agent for the shares.—V. 179, p. 397. 1,666 shares of common stock to be offered at the market (approxi¬ mately $30 per share) through Pyne, Kendall & Hollister, New York, for the account of a selling stockholder.—V. 179, p. 3. Corpus Christi Refining Co. has Diversified April 7 covering on $732,511 March 533,158 on plant equipment, reported net shipments of $10,227,907 for the first quarter of 1954, against $10,011,425 for the comparable period In 1953. 1 Backlog of, orders as of March 31, 1954 was $22,900,000—V. 179. p. 1158. Diversified Funds, Inc.—Name Changed— A with Quarter— ended company, a leading manufacturer generators and heavy industrial power 1 t quarter per share The walking drag line.— a a First on the cents compared per share ish for 92 or ceeds . Co.—Reports income quarter ? provide the company with a much greater capacity for the manufacture of rolling mill equipment and other heavy industrial machinery.— V. 174, p. 4. ' Elliott . Monday, April 19, 1954 same period in stock number in 1953. ended the March 27, 1954 were $18,corresponding period of 1953. w Volume 179 Number 5317... The Commercial and Financial Chronicle Florida Power Corp.—Partial Redemption— __ The face corporation has called for redemption diate V. 4.9o7c payment at $100 Chemical at its of amount 179, Bank series share, per & Trust 1048. p. plus Co., New : , of as The imme¬ York compared Co.'s G-E City.— . silicone-treated silicone Electric dividends, will be made agent, . total arop, 1954, $106,200 st_»CK. prexeireci accrued paying . . May 15, on cumulative and Silicone ceramic to Gamble-Skogmo, Inc.—March Sales Off— Period End. Mar. 31— 1954—Month—1953 1 —V. of formation of Co. Bankers — to Co. head a Offer Kuhn, — Competing bids Brothers Brothers The from and Net & Co. were public Stone Webster & purchased offering from Cities — will to accrue the and Co. Gas its $1.24 years, the company share per annum per outstanding. now It paid dividends the on the is equal the 01 to shares 1,500,000 intention of directors and December payable and June on to declare a quarterly 10, 1954 to stockholders of record GIVING EFFECT TO bonds: mortgage series due 1963 3%% series due 1971______________ loan Common the of notes, stock 'Bonds * of on of due June (par 1, from to Jan. With 1954 and 3 >4% 1, time to time Nov. to up per 1, 1954, in the States is company engaged in and the of Missouri, intends to It of and commercial and industrial purposes. is purchased at wholesale, has company The All gas Missouri, central two communities in and eastern the Greater City it 1954, is anticipated $3,500,000 quired in provide to 1955, Oklahoma for $4,163,000 $3,000,000 in will Of 1956. be the funds be of funds to meeting April on value common stock to May under noted outstanding now complete construction the and some also that reconsider will be is the proposed for date changed market conditions earlier an issued this forecast that with Cities Cities Service of shares of Service on stock common Co. and the have entered below Service Gas firm commitment basis the a forth set Loeb Union & Co._______ Securities Such year. an the have issue is has Co. to its treasury for construction such lor expenditures, purposes.—V. 179, p. be and to 1954—Month—1953 965,637 166,000 62,382 52,185 133,517 taxes oper. Net t income oper after Union Securities & Co Operating C. 565,000 Corp.___ *A. -A. M. Reynolds & Co Allen & 'Dean 90,000 Fed. !__ & Co.- basis the respective $223,093 1951 1352 . $7,274,518 $6, 825,554 2,345,612 2,274,388 1, 823,911 916,596 849,576 642,528 15,205,491 4,719,033 14,948,931 4,434,004 13, 969,901 1,826,516 1,657,400 1, 246,183 3, 504,852 an 154,411 Co., Inc.—Consolidation— SEC of to stock and 1964, H H the will B & in principal The issued of 3% 10-year notes notes to be initially issued the former wiin company. be lire. As a result of outstanding shares of 25c into 1% shares of 10c converted was sucn to connection amount holders of common conver~io...—V. 177, 1 from for sale the capital of these expenditures 179, securities and to will used be by the com¬ Lans made for bank repay 1048. p. 129,226 Ohio—Earnings— V for $723,948 $648,054 $i,426,935 448,231 382,772 95,000 886,896 780,962 194,000 160,000 — taxes—. 101,000 54,034 44,949 108.153 $237,886 93,105 175,838 three in $405,668 the E. The earned months cents 70 March share a with compared before, year 80 31, 1954, the shares share a 433,544 on com¬ before, year 568,718 on cents based provision after $480,281 ended corresponding quarter reported on April 15. Heller, President, earnings were equal to stock outstanding, corresponding quarter the —V.. 178, p. 1569. ^ 160,431 Co.—Earnings Higher— subsidiaries in of the snares. $223,347 89,627 the common 90,741 $125,333 its in taxes with Walter *1,255,050 Heller & and company income pared 1954—2 Mos.—1953 oper. 179, Telephone Co. of the Southwest—Earnings- Period End. Feb. 23- 1954—Month—1953 50% $942,024 $2,532,792 in Operating expenses 835,610 / 645,626 1,719,129 136,000 the production announced was the on in unit new will rapidly increasing April on 16 facilities demands facilities is taxes— oper. Net oper. income- $181,893 128,618. 277,000 51,763; . charges— after Net 102,300 84,358 chlorinated for undertaken being rubber to meet finishes for base $142,335 .$3,156,837; 98,258 ; wide variety of applications such as >257,633. —V. 179, p. industrial, maintenai.c?, the ceilings of Toronto's new , a 197,600 - 169,826 107,223 The , 1479. 1954—Month—1953 Railway oper. revenue... Railway oper. expenses. $305,266 $560,341 258,348 493,740 ' rubber, and is of part a continuing expansion program material. the The $635,502 240,384 masonry $50,000,000 v/f Anhydrous Ammonia Plant— 1954—2 Mos.—1953 $275,563 and ?tise"of chlorinated Period End. Feb. 28— t.a.fic, •coatings 193,968 Georgia & Florida RR.—Earnings— firm station Parlon in printing .inks, adhesives, and flameproof also has substantially increased. -.i The: additional unit will parallel present production facilities -for ;.$286,242 i. plant company's subway. income taxes- chlorin¬ Construc¬ company. the at Output Parlon, for this by immediately begin Parlin, New Jersey. Expansion of production $1,918,717 1,327,652 expansion rubber, tion 1954—2 Mos.—1953 $1,237,861 :v Hercules Powder Co., Inc.—To Expand Parlon 924. p. Operating revenues stock shown opposite an Machine., previously B $7.30 of & American 517,123 old of B & of the indenture old. 12, of ten-year notes due March 15, 1964, are to the application. H & B American Machine corporation, on March 31, 1954, was merged into Inc., a New York corporation, the name of which stock 15, April on 3% 1473. lor common 1953 $7,321,141 filed which each merger, common A 1611. p. 1954 $184,403 80,829 $120,633 these underwriters have entered number of shares of- 179, ' '1,360,593 changed to H Proceeds 40,000 to purchase on a 5. 13,584,969 According then ated 80,000 above Expand— 179, p. the pany 10i,574 taxes—_ —V. 80,000 'Johnston, Lemon & into a contract with the purchasers named names.—-V. Co to Hawaiian Telephone Co.—Securities Sold Privately— Kidder, Peabody & Co. have placed privately $2,500,000 of first mortgage bonds, 3.40% series J, due Feb. 15, 1984, and have arranged for the private placement of 100.000 shares of series E 5.3% cumulative preferred stock of $10 par value. 80,000 'The company hes been advised that their & 8o3. p. for qualification stock 147,000 Net operating income_ Net after charges a 'Stifel, Nicolaus &Co., Inc. 185,000 Co._____ Co Witter Kidder 17o, with the 972,346 t $107,933 1954—Month—1953 revenues income Other 80,000 Allyn & Co., Inc.__ pro¬ 3,521,624 (Walter E.) Operating expenses Shares 300,000 __ arise."—V. 1939, common p. $1,405,323 77,796 Fed. ,.x-Shares Loeb drilling enlarged offset an American Machine March 1479. Period End. Feb. 28— Other Kuhn, Increase an 660,302 income— under under bank $111,667 charges 179, p. General Telephone Co. of UNDERWRITERS '.'mV*'-'- approve application This 225,000 —— to under the Trust Indenture Act of such 1954—2 Mos.—1953 85,000 —V. 90,000 Co.— & asked 1158. B issued. was prob¬ repay 81,000 Shares Allen be 1,651,675 Company, a Maine Susquehanna Mills, caused now $1,488,247 General 845,000 V $6,536,196 corporation indenture new 1265. 448,868 purchase Reynolds & Co. *• » RR.—Earnings, railway p. & 1954, order an $693,986 re¬ into 1 , . 5,000,000 shares from the 3,000,000 below.—V. railway_ par issued 478,823 below: 340,000 Corp RR. income— oper. 179, H respective numbers Shares Kuhn, from This preferred stock no $743,872 Net through further bank borrowings or the sa e of securities. nature, amount and timing of such additional financing will de¬ pend on market conditions ar.d other factors. from ' A 600,000 l to 15 rights offering, authorization will be prac¬ present The UNDERWRITING—The purchasers named to Corp.—Unit railway from ry. —V. Unit— to utnized Other will program ,' ■ crystalized," Charles S. Hale, President, said in the increase in authorized common capital is being "{ railway oper. Net proposed a the announced, Fed. income taxes obtained contract ry. Net to 5 12,500,000 shares revenues such needed annual Operating expenses three-year construction expenditures, it is estimated that approximately $7,663,000 can be provided from internal sources, that $1,500,000 will be available through additional borrowings under its existing bank credit agreement, and that the remaining $1,500,000 1 for contingencies tnat ma> Central from from in spent will 23 stock financing both capital expenditures.—V. approximately and the indicated.- SEC area. that to was Operating CONSTRUCTION PROGRAM—The company presently estimates that approximately $10,663,000 will be required to be expended for con¬ struction during the years 1954, 1955, and 1956. Of such estimated sum, at Period End. Feb. 28— embracing southeastern Kansas report, Maine Net $4.01 General Telephone Co. of Indiana, Inc.—Earnings— The area been yet due Nebraska, having a population of approximately 1,600,000 of which approximately 860,000 is concentrated fri $4.35 authorizing this corporation to make capital contributions during 1954 in the aggregate amount of $350,000 to its subsidiary, Northern Pennsylvania Power Co. Northern Pennsylvania will use the funds for construction pui poses, to reim¬ public northeastern Kansas, in announced Loan loans an of means "to provide Net $14,382,858 $13,248,290 for gas is located in company it burse Nebraska. voted President, subsidiaries The and natural April on February— 873.100 cash foreign corpora¬ operating an of ' I be "Employees issued. Gulf Mobile & Ohio 1,240,000 * par in Delaware principally from Cities Service Gas Co. facilities for the manufacture of gas. no territory served by the western as sale stock common 9,175,000 shares issued company able, office Is located a be was the utility residential, distributed by the company Oklahoma Kansas, continue distribution as .' 1 under'its 9,893,000 shares. than more Tegen, The organized , April on stock, .to Dec. 31,'53 837,100 3,304,352 shares present to F. with interest at 3% Aug. 22, 1925, and is authorized to do business 31,'54 1,085,000 : outstanding May 12, Mr. Tegen rights oilering.<;:%/ thereafter. annum not See tically exhausted this year and the additional authorization is needed to permit furtner common stock linancing in the iuture. 1,500,000 shs. BUSINESS—This company, whose principal executive at 700 Scarritt Building, Kansas City, Mo., was and for more series, other than bonds of the 1969 series and bonds series, may be issued without limitation as to aggregate 1971 i,. i , common fully annual 19,585,498 $16,304,958 $15,361,390 the authorized $5 par from the any $7,500,000 tion stock stockholders increase 6,000,000 2,000,000 shs. his Gross 5,184,000 $10) have General Public Utilities Corp.--Stock Increased— The Outstanding +7,500,000 ■ SEC common From Jan. 1— *16,560,000 1956—__ assets net Asset value per share of common stock FINANCING 5,400,000 V . now asxed Corp.—Asset Value Up— outstanding the $18,000,000 .. . stockholders Gross principal amount but subject to the restrictive provisions of the mortgage. tUnder a bank credit agreement, the company may borrow up to on loans 1954. 14, . . "Although $3.47 Mar. Preferred share per May PRESENT Service Bank September 31c Public of stock continue . . . the with par gram,! additional leasehold acquisitions ahead of plays in proven oil fields and contemplated diversification of the chemical unit's activities 2,249,432 $3.69 ; 20,077,959 value approximately Authorized 2%% Bank V 4 The 1952 2,356,690 share equity of— A. CAPITALIZATION 'First , dividend taxes,. common $5 115a. x'w, p. Balance common June, 1953 . its 5 Great Lakes Oil & Chemical Co.—To Increase Stock— $29,476,082 $28,860,174 Total Co. to present policy of paying dividends quarterly in March, \i. As company has paid dividends in varying amounts stock in each year since 1943. During the last three common . statement of to Greyhound DIVIDENDS—The on calendar » , proceeds no Service after per General Securities Service income Stockholders' Corp. and (jointly), $21.41; and Blyth & Co., Inc., Lehman Barney & Co. (jointly) $21.40. Smith, shares the »1 paper in flat glass; they protect fine china packing and shipment they increase resistance insulators, because silicones prevent the :: Earnings group from: came sale shares employees of the company Stock Purchase Plan."—V. 179, p. 1612. continuous films of conducting moisture.—V. 179, p. 1265. Sales Shares for registration a 175,000 covering offerred applications to flat glass, chinaSilicones were said to eliminate the shares , Stem y.- filed company 1954, In the authorized which made the highest bid on April 13 ($22.03 per share) for 1,500,000 shares of common stock (par $10). Public offering of these shares is expected to be made today (April ly) at a price of $23.62 V2 per share. ' "-v < t 9, 1954—3 Mos.—1953 Co., Union Securities Corp., Reynolds & Co. and & N; ceramic 12 Months Ended Dec. 31— Loeb & The General Outdoor Advertising Co., Inc.—Earnings Up— Service Allen (W. T.) Grant Co.—Registers With SEC— - General by Waterford, at produced $9,769,308 $10,577,742 $25,226,478 $27,8o9,213 179, p. 1265. Gas • 11-inch standard a bottles. is silicone insulators. interleaving chipping during arc-over treatment Department . from after untreated bottle predicted broken were the of for Products need* for Sales bottles 51% to emulsion engineers ware, (1721) • 524,534 Alabama By-Products Corp., of Birmingham^. Ala., and Her¬ Powder. Co. on April «7 announced that they were engaged in out plans for a joint undertaking for the production of cules working Net General Electric Co.—Air Conditioning Orders Rise— The best Division was Manager the Van "The boo.,t us will be Poppelen The General heating by for F. to lines previous record the the same plant this second for to heating acquired demand last quarter Corp.'s New scheduled capacity, the of Mr. April 6 filed covering 150,000 shares of capital share), without underwriting. home cooling (W. R.) letter A . exceed to achieved be to There ing the public on May in buildings breakage this and eventually first transformer production 1,700 persons is ex¬ will be including two large manufactur¬ and outlying service buildings. The building, buildng is 1,200 feet long.' Treatment for bottles for Containers— that substantially released tainers; by shipment was announced the Brockway Glass Co. and and jointly on F. B. Brockway Glass Co. Brockway produces food wine, beverage, liquor and pharmaceutical bottles; jarred Hess, in Gross to go a the with stock of be to $165,000, SEC offered without selling stockholder.—V. bottle shipment. of Brockway, resistance Tests by to 1 QCLJ, from Net from Net ry. at ($1 par covering at p. con¬ the Brockway announced that impact fluid engineers of showed G-E Gross to not sili¬ that a 7% Birmingham Alabama the near area By¬ plant new completion 1955.- Laboratory— Chemicals Research Laboratory was officially April 8 at Wilmington, Del. Hercules' Experiment Station, the new facilities will enable the company to expand greatly its research activities in the development of new insecticides, . fungicides, and plant regulatory chemicals. v The facilities include a main laboratory building, greenhouses, and field test plots where new agricultural chemicals can be evaluated under conditions approximating commercial usage.—V. 179, p. 105. « • this company adjacent on , . the to The 1266. from ry. five All 1 QM 10^9 1QS1 April $5,039,000 1,254,429 $4,711,000 942,752 955,401 mittee 657,709 668,253 445,710 497,300 Cul'.om, railwayrailway— income—_ p. 9,858,000 9,425,000 9,289,000 received 2,037,673 1,611,392 2,076,556 ment 641,287 907,371 509,178 1,136,053 received This closed compares Feb. Lansing in the ment the 27, P. plans with an include l£p:ted and of this of the of 9.8% President, States and improvement of remainder sales some year.—V. over the announced opening seven $201,769,325 in of for 1953 previous thrt the the fiscal At p. 1153. Mr. nominated year, of the reinstatement were elected of on the 110,399 120,502 of Caun-el slate for for common voted shares by Neil P. the company. A directors class voted for shares candidates against led management General Committee against Committee's shares the Stockholders Protective Com¬ by to oppose Board and Protective shares The 285,569 the stock for manage¬ directors the manage¬ ' had Auer been President which precipitated a of on R. a proxy Hoe 7 to & 4 Co., Inc. from February, split vote of the board of which extended for the contest meeting of the newly-constituted board of directors on April 14, was reelected President and Charles E. Littleton as Secretary, had ex¬ held for Mr. Auer meeting, the five 14 Auer's dismissal, Mr. Littleton voluntarily his post as Secretary of' Hoe, a position he in order to join the Stockholders Protective Mr. protest from in years, ' Committee. • After company. resigned year, company's a Auer the of year of approximately 28 new markets Canada, as well as the enlarge¬ the chain's existing stores, during 179, supporting the corporation, this past eight months. 1954 record increase Shield, 14%— of to his dismissal last July directors $20,903,667 $18,345,711 —__— director nominees. Mr. 5 Weeks Ended April 3— Sales last 283,551 slate. 1945 Grand Union Co.—Current Sales Up been had Stockholders 1,788,261 - for President as Chairman 9,541,000 ment 1158. five formed The cper. 179, These • Auer 13. $4,*>93,000 1,193,870 $4,360,000 candidates L. Joseph income-— lrom Net and contents vicinity the in annually. Works, construction on '■ the within a few weeks' time, with Agricultural Located per aggregate an underwriting. 179, tons Tarrant New by railway____ railway- oper. pansion Vice-President improved to filed was capital total February— 1 prescrip ionware. cones of a located be to 45,000 (R.) Hoe & Co., Inc.—Auer Reelected President— —V. April the beer, offered reduces of General Electric's SM-70 silicone emulsion reduced the bottle-filling process to 0.014%., a drop from the to 0.3% breakage level, according to six-month test results 0.1 notification shares exceed to are Net A coating breakage in normal not From Jan. 1— the site, treatment filling company on Silicone silicone In 1955 office an manufacturing new be to the in begin to for new opened Grand Trunk Western RR.—Earnings- 11. plant. Announces A by 10 buildings, largest - are stock A the SEC Grace & Co.—Files With SEC— of 5,500 proceeds Manufacturing is already under way, with the having been completed in January this year. Full pected letter of notification with a expected Opens gas- units, all-electric industry, $25,000,000 plant at Rome, Ga., said to be the transformer plant In existence, will be officially opened employed at the 1612. p. The corporation on Division's produces oil and and 179, To is for totals. refrigerated Y.—V. be of located N. plant new will south be York, a plant new east products plant way the of plant will be the first commercial producer of ammonia Memphis, Vicksburg, and New Orleans on the Mississippi of Virginia. Agricultural and industrial consumers in this area are expected to benefit from the new plant through lower transportation costs and increased source of supply. 1265. p. Golden West Poultry Farms, Inc.—Files With SEC— production year's business for another under are 179, in ammonia °;Birmingham. Capacity new power and 16,523 Georgia Power Co.—Partial Redemption— been \ New Power Transformer Plant— dedicated of $110,968 $27,830 The company has called for redemption on May 15, next, $1,926,000 of first mortgage 33/4% bonds, series due 1983, at-100.89% and accrued interest. Payment will be made at the New York Trust Co., Trustee, • shipments last electrically conditioners company's $60,601 *1,226 The 1954 has helped August still and Electric Air Conditioning Division equipment, modern $46,918 '13,641 and price This $35,185 year. quarter of equipment has Plans expanded outstrip first JVeathertron heat pumps, and drinking water coolers. The main plant ^nd headquarters of the G. E. Divbion is located in Bioomiield, N. J. most anhydrous ry. ________ income— oper. over period last year. quarter. and second continue air ry. 'Deficit.—V. General 100% up shipments new backlog Poppelen, were G-E division's of meet the Van J. most the next several years." predicted would packaged in 15 conditioning and "A during order on products fired air production added Based Van those said.! expansion the reported for he from revenue operations Net this company's Air Conditioning for Orders 1953, Poppelen demand further April on Division. than double more record on • reported the of tremendous," .7 quarter first quarter of Mr. gre - first was his . not term directors a as candidate for e'ection as i director at the April 13 director running to April, 1956. Together with today who support him, control of the com- elected : is r.Rnv There of :wo ^pcf the pro-Auer group which had pledged itself dismissal of Mr. Cullom as Chairman and Counsel. directors in all in the Hoe company. Mr. Cullom and the hands of in vote for to also 11 are Co. charges These scheduled are be heard to and acted of since it was demanded in writing on Oct 16 1953 by owners of more than 55% of the class A stock. Mr Cullom had appealed the Supreme Court order to the Appellate Division, which sustained the order, and to the Court of Appeals, which likewise sustained the lower courts. ■ The pro-Auer Stockholders Protective Committee candidates elected as directors 'today were as follows: Eected by the class A stockholders for terms of three years each: John Kadel, senior partner of Kadel, Wilson & Potts, attorneys, New meeting this of holding the ever Vice-Presio.ent of The Rein, E. Howard York- Equitable Trust International Great Northern RR. Equipment Trust Rollins & Co. Inc. and Bax¬ ter, Williams & Co., on April 16 offered $1,845,000 of 2%% equipment trust certificates, series FF, maturing annually May 1, 1955 to 1969, inclusive. The certificates were priced to yield from 1.80% to 3.05%, according to maturity. The bankers won award of the certificates on of Co. Chain April 15 York. New class A tors directors 11 stock directors G. counsel, mittee. Cromwell. Stockholders the to Wilson & the over the for Attorneys tended and George C. Littleton Mr. Berens, Counsel Potts.—V. 179, The corporation covering shares Public 179, has filed company Bond Operating STATEMENT OF expenses and 1954 1953 $25,468,495 $23,546,007 20,988,346 19,604,905 1 taxes The 1954, 7, 2,078 zation operations), record April ment. be offered at the underwriting No from is of one ry. Net 26,789 — —V. Howard Stores Corp.—March Sales Sales $2,264,463 — —V. 29.9% 1954—Month—1953 income Dividends $3,955,474 1,383,880 1,294,224 $3,123,058 — preferred after of 517,586 stock —V. preferred stock dividends stock common Earnings per share— common $2,605,473 $2,143,664 1,351,104 $6,483,008 179, p. 1160. Hunt Foods, Inc.—Sales Quarter Ended Feb. 28— $1.58 — —— 179, p. 517. Consolidated —V. 179, net Period End. March 27— 1954 sales 1953 Sales $12,565,826 $10,903,202 —— —V. Higher— 1954—4 Wks.—1953 1480. p. Kansas, at this month.—V. Railway Railway oper. oper. Railway 1954—2Mos.—1953 Ry. $21,820,539 $23,877,489 $45,135,978 $48,698,855 17,046,316 17,473.084 35,062,151 36,286,499 revenue__ expenses, from rev. Net Net ry. —V. income-— oper. 179, $4,774,223 $6,404,405 $10,073,827 $12,412,356 2,316,204 3,631,341 4,521,863 1,693,210 RR. Period End. Feb. 28— Net revenue— $846,058 expenses. 732,621 from revenue ry. $924,509 247,938 262,607 517,428 from op. $231,521 $320,848 $407,081 $624,664 95,982 134,407 163,246 256,023 ry. $113,437 47,228 $193,078 $145,427 company covering 53,664 capital stock record April stock 114,752 April on $200,000 of $278,884 86,667 at $560 of $1) in 1 175, letter a registered to units unit, per filed G 4'/2% (par be of p. Quarters Ended the 1953, year reported Net before by L. D. Silberstein, Chairman of the board, were $786,231, equal to $1.70 per share; This compares with $683,319 for the year ending Dec. 31, 1952, equal to $1.50 per share. Gross sales for the corporation in 1953 set a new high record of $14,217,581, compared as with $12,532,256 in 1952.—V. Federal Net March Federal taxes 179, $500 are of notification of underwriting. to be with and the 12,000 Net sale towards terms company intends tp apply the net proceeds reduction of amounts owing by the which, at March 31, 1954, CAPITALIZATION GIVING EFFECT TO HFirst Mortgage Sinking Fund Bonds: A 3%, due June 1, 1972— totaled taxes income on on added Rights to PRESENT A Series B Series C Series 37 D , due Note payable Nfd. 6% non-cumul. (participating) to are 178, in and on the certificate S authorized issuance for of charter but is the additional Amendment provided indenture Jan. $76,000,000 bonds filed the 18 *652,921 Cr28,600 of Power of exchange the areas company's in $2,854,000 of $2.50 Sincere and A. at Kropp, filed was stock common per & Co., Chairman with (par 33»/3 share) the $7,041,000 12 Dec. to at other Gas Months The of Ended Jan. expenses ' ' • and — 31, 1953 In the aggre¬ previous income net was Construction expenditures for the 1955 be to 170,000 kw constructed completed in unit at at the Island 1954 new Park. and part of Edward These F. the Barrett estimates are funds expected will to earnings. The financing conditions contemplates y construction program through 1955, it is estimated require approximately $70,000,000 in addition be provided by depreciation accruals and re¬ nature, amounts and will depend in part existing, raising time from actual timing construction on time. to Subject sucli of and progress these to con¬ unforeseen circumstances, the company presently 1954 approximately $11,000,000 from tho during stock and $20,000,000 from the sale of mortgage bonds. revolving bank credit in the amount of $40,000,000 is available to the common until Dec. 31, 1954. > GIVING EFFECT mortgage bonds A 3%, PRESENT TO FINANCING B 198Q 1, $20,000,000 — C D 3 >4%, due July 1, 1972— 3%, due Jan. 1, 1958—. 35/a%, due Dec. 1, 1S76— E 3%%, due Oct. "Outstanding Unlimited a. Sept. due 30,000,000 12,000,000 . 25,000,000 1982— 1, 20,000.000 F 3% %, due Sept. 1, 1983— sink, fund debs, due May 1, 1969 stock ($100 i in series series 25,000,000 $16,000,000 14,125,000 cumulative, pari - 600,000 shs. — B 100,000 shs. series D series E_ stock 70.000 shs. ($10 200,000 shs. 5,520,499 shs. 8,000,000 shs. pari__T conditions, under below-named firm a 31— W. C. Langley & Co._ Blyth & Co., Inc.— $7,860,000 to April be net 7. —20,000 —20,000 Coi$ 20,000 arc to 8,700 Shields 8,700 A. 8,700 Lynch. Fenner & Pierce, Beane & Webster & 8,700 Dr64,410 — Operating operating Dr79,487 Operating taxes 1,628,133 income W. E. Hutton M. & Co.— Rand & & Marks & Co.— . 5,000 5,000 Co.— Co.— > 5,000 5,000 Tucker, Anthony & Co Hentz 6,400 6,400 Company, 2,450 2,450 — STATEMENT OF 1954—3 Mos.—1953 EARNINGS/ 1954—12 Mos.—1953 - $20,081,565 $17.039,561$69,548.814 $60,101,540 16,170,042 13,772,617 57,166,366 50,010,107 $3,911,523 $3,266,944 3,795 3,895 21,459 11,602 $3,907,728 $3,263,049 $12,360,989 $10,079,831 1,194,092 985,611 4,191,988 3,442,930 $2,713,636 $2,277,438 $3,169,001 $6,636,851 dividends—— 404,029 256,250 1.503,825 936,111 stk. $2,309,607 $2,021,188 $6,665,176 $5,700,740 deductions „ (net! income Gross Income $2,928,615 stock Hutzler— and Inc deductions— • income & Company—' $12,382,448 $10,091,433 $4,738,833 1,664,618 B Bros. & Allyn $4,818,320 • $4,593;233 deductions & 6,400 _6,400 8,700 revenues— exp. C. H. 8,700 Period End. Mar. 31— : E 8,700 — Laurence 8,700 ; . Securities COMPARATIVE I • Curtis Co.— Merrill go 179, to series White, Weld & Co'._ Salomon Sachs 1953 $4,657,643 subject the Carl M. Loeb, Rhoades & Co. Hemphill. Noyes & Co.— Kidder, Peabody & Co.; the at company.—V. 1954 all Paine, Webber, Jackson & Harriman Ripley & Co., Inc_ covering offered proceeds the are, buy Share3 Goldman, on Other Interest, etc., to Shares $34,235,155 $30,559,790 29,577,512 25,741,470 „ underwriters commitment stock: Union Securities Corp taxes— income Preferred for company changes in costs and availability of labor and materials. additional preferred Co.—Earnings— revenues— Other the electric Glenwood company market for being complete the Stone Operating ' of totaled Smith, Barney & Co. : 11.200 Glore, Forgan & Co.—____ 8,700 SEC cents) President $3,110,700 230,000 230,000 $2,698,615 $2,880,700 $0.89 $0.95 dividend requirement certain income Net Preferred . Balance applicable to Net income 1954 thp —V. pel* common common stock— share—3,039.860 shares 179, p. 1372. located an Balance "Earns, (M. H.) Total after Shares Earnings per —V. p. 178, on com. com. share average Lamston, Inc.—Sales Up—Earnings Off— 1954 1953 - common 2574. $5,399,808 110,817 116.472 Total 147,133 taxes common 138,600 Shares $0.74 $0.84 stock share : — number S0.42 of SO.42 shares Sl.29- outstanding.—V. Loo mis- Say les Mutual Fund, Inc.—Asserts $5,425,273 Earnings for per "Based Sales were with than 1,400,000. more income $7,733,000. amounted to $58,516,000 and UNDERWRITERS—The through L. D. Sherman & Co., Chicago. and Year Ended Jan. 31— in j together "Excluding $4,650,000 of short-term bank loans presently outstanding the revolving bank credit of $40,000,000. "$207,321 1954—3 Mos.—1953 $3,658,000 Gross income in"a"sed ',rom which telephones to is the usual Operating income & C= following 63% . financing, and gas service in Nassaif contiguous Rockaway peninsula in Population" of the territory served revenues net subsequent a Station Common 485,600 $26,390, - service: Bristol Tennesse?—veS179 p^m?™50" ^ Kingsport- and Elizabethton' ;>rox mately scheduled indenture contains March delivery are estimated at $94,000,000, of property, as follows: $26,000,000 for production, $20,000,000 for transmission, $30,000,000 for distribution; In addition, $12,000,000 is estimated for gas property and $6,000,000 for common property. Electric production includes expenditures for a The First Boston Operating ' thereunder. sLeTtTlwo.mZ",es.t0Ck-VC>tlng for under electric City). PROGRAM 1954 4.25%, 54,990 income— 712,500 shs. the 1, 4.35 %, 1953 $4,877,855 1954—Month—1953 sales__ notification Laclede 35,000 shs. in and CONSTRUCTION which 5%, 1954 1570. p. 5,800 1,000,000 shs. amount supplemented, of York, Net — the the York revenues period 3%% 1160. (estimated Roy supplies Corp. 713,000 1,961,000 35,000 shs. $101 first already subject to redemption, at the option $104.25% to $102 per share, from and (New operating Preferred 1372. p. 373,000 $10) ;.eslnctions Deluding 1976 proceeds Counties $66,507,000 Series expire $937,000 $5,800 (par maximum Ho stock—non-voting ipar amended 'By 1, stock-voting Common "No Dec. is stock EARNINGS—Operating gated Series Kinney Co., Inc.—March Sales Off— p. letter New Outstanding 3V2%, due April 1, 1970— 3%%, due Jan. 1, 1977 with is Corp. prices by the company is estimated at issuable _„ store 179, market FINANCING Authorized Series facility, trainers 1613. Series working capital. (estimated) — 26,450 shares on $1,600,000. at County Series Kropp Forge Co., Cicero, 111.—Files— . from company notes retail —V. purchased by two principal stockholders, the Southern Bell Telephone & Telegraph Co. and The Chesapeake & Potomac Telephone Co. of Virginia. The remaining 78,336 shares have been underwritten by a group of underwriters headed by Courts & Co., Atlanta, Ga. PROCEEDS—The navigational Series SEC shares present debenture holders debentures and 30 shares of 31— Period End. March 31— Telephone Co.—Stock Offered—The offering to its common stockholders of rec¬ ord March 30 the right to subscribe on or before April 28 for 142,500 additional shares of common stock at par ($10 per share) on the basis of one new share for each four shares held. Of this total, 64,164 shares are to be Jiort * (Convairs) under loss "Profit.—V. Inter-Mountain the Contract— T-29 35 Authorized $1,867,428 (G. R.) company is of ranging from plus accrued dividends. case Series 1372. p. the p. preferred CAPITALIZATION to sales Loss for overhaul 141. debentures offered without May 4. The net proceeds on Industrial Brownhoist Corp.—Sales and Earnings Upearnings E Suffolk sale of Kingston Products Corp.—Earnings—* Net 257,921 International BUSINESS—Company and, A 1160. p. 1266. p. 459,578 199,227 on 179, company, tained ,$1,166,698 542,034 income..- oper. of income oper. 179, 1,561,918 ry. operations et -V. 1954—2 Mos—1953 $583,455 Pillsbury Mills, Inc. below.—V. The $1,840,802 1,536,248 292,121 186,956 will be used by the company for the redemption of $10,000,000 par value of outstanding 5.25%, series A preferred stock, and $10,• 000,000 par value of outstanding 5.25% series C preferred stock. First $1,681,675 230,824 funds, to 1954—Month—1953 $479,459 Keps Electric Co., Pittsburgh, Pa.—Files With SEC— 1954—2 Mos.—1953 $931,601 738,523 Work Y. N. series company Co.—Earnings— 1954—Month—1953 1,279,230 120,463 140,613 operational The First Boston that Ry.—Earnings— Kellogg Co.—New Canadian Affiliate— Terminal Railway oper. Railway oper. Gulf & expenses—:— 179, See Illinois the subject revenue- rev. ry. —V. 1372. p. 1,151,609 has been announced by Lockheed Aircraft Servico siderations and other railway operations base. 110,000 kw unit * , Oklahoma oper. oper. Net Net 105,611 1,183,917 Long Island Lighting Co.—Preferred Stock Offered— Offering of 200,000 shares of 4.35% cumulative preferred stock, series E, at par ($100 per share) and accrued div¬ idends was made on April 14 by a syndicate jointlymanaged by W. C. Langley & Co., Blyth & Co., Inc. and cost 1954—12 Wks.—1953 1 • , Period End. Feb. 28— Illinois Central RR.—Earnings— 1954—Month—1953 the for way To Period End. Feb. 28— 112,768 1,051,218 $6,312,000. $20,617,631 $18,506,378 $61,742,812 $54,906,082 179, 1049. p. 70,708 186,568 110,824 1160. contract year, Jewel Tea Co. Inc.—Current Sales Show Gain— . 1951 $532,659 123,657 railway income— York 1,351,104 $1.92 outstanding The corporation on April 12 filed a letter of notification with the SEC covering 49,000 shares of common stock to be offered at $1 per share, without underwriting. The proceeds are to be used for work¬ ing capital. Lower— $5,233,320 1952 $534,167 152,,487 income New $2,661,250 517,585 _ — on Balance Shares 1954—3 Mos.—1953 $3,229,964 1953 $598,308 72,439 U, S. Air Force each I-S Ultd., Inc., N. Y.—Files With SEC— Period End. March 31— 1954 $511,923 railway 179, p. in $4,506,938 deductions 1160. p. oper. 14,372 , 1048. p. 177, railway from ry. Queens 179, 89,799 oper. Net the involved. 1954.—V. for 220,468 74,006 , Net part of 1953 and early 1954 for construction. The remaining balance is intended to be used for construction expenditures, esti¬ $1,800,000 173,366 59,477 from of new proceeds are to be used in part to provide for the payment short term bank loans in the amount df $130,000 incurred in the at (net)_ income Income latter mated 173,232 50,560 From Jan. 1— $3,941,102 $4,480,149 subscription for rate 535,560 167,250 income— PROCEEDS—Net Net of income Gross by stockholders of share for each eight sharer; then held (with unsubscribed shares being offered to officers and employees). The subscription price is to* be supplied by amend¬ to 1954, 23, 44,217 534,839 oper. Net a covering additional an registration statement with the SEC on 41,159 shares of $15 par common stock (plus shares which may be acquired through stabili¬ filed company April earnings Other 48,039 29,097 525,956 Lehigh & New England RR. -Earnings— The Co.—Registers With SEC— 111,164 23,711 Deficit.—V. A EARNINGS revenues Operating 1951 $262,504 89,191 527,986 February— I Gross from railway Refunding— an COMPARATIVE Net Housatonic Public Service income— 1952 $264,443 Lockheed Aircraft Corp.—New Govt. Co.—Plans 12 Months Ended Feb. 28— at be from ry. * 1160. p. Service application with the Federal Power Com¬ for the issuance of $7,500,000 principal amount of first mortgage bonds, it was announced on April 9. The bonds, which would be issued and sold at competitive bidding, would be dated May 1, 1954, and would mature May 1, 1984. Proceeds from the issuance would be used to help provide funds for the redemp¬ tion of outstanding first mortgage bonds, the application says 12 filed a letter of notification with the of 6% preferred stock (with warrants to April on 30,000 60,000 shares of class A common stock( to be offered par <$10 per sharel, without underwriting. The proceeds are to used to finance home improvements.—V. 179, p. 1372. 79,871 railway-,— railway L_, oper. Net bid 99.174, Hutzler & 1953 $256,214 83,638 $254,697 from Net the This Exchange Commission— purchase Salomon Bros. mission requesting authorization Plainfield, N. J. Home Improvement Financing: Corp., 1954 railway—.1 railway—' From Jan. 1— Gross Gross Commission.—V. Iowa < —Files With Securities and and issue merce & Sullivan were 925. p. Demas, attorney. Committee were group in the litigation which ex¬ Sullivan & Cromwell and Kadel, Auer months six nast Protective Inc. is to be secured by the following new standard-gauge equipment estimated to cost $2,315,447: 9 Diesel-Electric Road Switchers, and 125 all-steel 50-ton box cars. Issuance of the certificates is subject to the authorization of the Interstate Com¬ Berens of Berens, Co. railroad are Organization, Inc., stockholder relations managed the campaign for the Stockholders Protective Com¬ The operating group which handled the campaign included Julius SEC The to serve three-year terms each, and the two elected annually for one-year terms each. elected each year are common from Net bid of 99.258. a Stuart & also for 2%s. divided are on Halsey, , into two classes, nine representing stock and two representing the common. Three class A direc¬ Hoe's — Certificates Offered—Blair, Md,; Richard F. W. Stanton, Hartford, Conn., President of Co., and Hanson Whitney Co. Elected by the common stockholders for terms of one year each: Charles J. Kraus, Jr., Philadelphia, Pa., real estate and insurance; Albert C. Simmonds, Jr., President and Trustee, the Bank of New York, Mr. ry. Occupancy of the manufacturing building is planned for he spring of and will progress gradually throughout the year.—V. 179, P- 1480. 1954—3 Mos.—1953 $6,283,466 $13,482,407 $14,804,963 Lehigh & Hudson River Ry. -Earnings— February— 1955 Baltimore, Whitnev Net 1 -j 1954—Month—1953 1480. p. from long. . _ 179, Net N. $5,443,251 — —V. Gross Poughkeepsie, 19, 1954 Lane Bryant, Inc.—March Sales Off— Period End. March 31— Sales feet by the upon stockholders at a special meeting called for May 13, by an the New York State Supreme Court. Mr. Cullom had opposed A irder of April 12 the selection of Turner City, and G. D. Campbell Building on York New of Y„ as general contractors for the construc¬ tion of a new plant at Kingston, N. Y. The architects are Giffels and Vallet, Inc. of Detroit, Mich. The 320,000 square-foot building will be patterned after existing IBM factory buildings. The new plant will be 250 feet wide by 1,000 interests class announced corporation Co. Corp.—New Plant— Business Machines International This Construction charges of "conduct inimical to the supporters are under of the coipor&tion. his and Financial Chronicle... Monday, April The Commercial (1722) 6 As of March. 31— net 179. of p. shareholders 518. p. 1480. Higher— 1954 1953 —_—.— $34,913,713 $30,670,895 902,743 — outstanding Number —V. assets $1.27 179, 810,391 6,300 5,500 Volume Number 5317 179 The Commercial and Financial Chronicle ... 7 (1723) 1 ' Louisiana Arkansas & Net railway— $2,258,062 $2,049,439 $1,770,914 782,397 947,704 762,101 611,507 income— 432,416 470,606 oper. ry. from Gross from Net ry. —V. 179, 3,820,161 1,652,301 1,370,519 vegetables; 723,360 447,477 from Net ry. Nashville —V. 6,705.577' 179; 37,599,663 10.321,315 39,573,055 10,605,483 36,101,206 8,271,626 4,328,075 5,189,323 5,282,325 ry. * by carried incmoe— corporation division first be to of their manufacturing the field own This market. of company, heretofore have selling Lowenstein cloth division new of; a The this new Ala. v buying as represents mills for well as have price First California 179, R. Staats Co & — is It there understood is pany will be .1 . negotiating made are number a The shares of Las of stock, common each Vegas, Nev.—Files— class class stock preferred A class B stock of (par 5,000 and $5) $5) to be sold in units of one unit through Robert B. Fisher (par at $10 per near , com¬ announcements for the slightly were 12% decline this high the in its of months fiscal All fidelity volume offset than set first the company's Television sales by units fiscal 1953, although the business. period Shrinking dollar belief erroneous priced —V. 178, that buyers consequence, lower volume of is television imminent. As a minimizing their investment by purchasing instead of consoles, Mr. Freimann said. models last Oversubscribedv-The Inc.—Offering Park, public offering of $2,500,000 6% subordinated con¬ vertible debenture, due 1969, and 250,000 shares of com¬ mon stock in units of $100 of debentures and 10 shares stock of at $101 unit per and the books closed. details in V. See 179, methanol U. and sales personnel tributed has $2,173,867 $4,217,637 ,1.647,227 3,303,748 238,309 391,188 564,098 ■J 88,545 62,306 130,430 32,763 27,891 53,714 $157,857 $198,134 $338,557 three Joint fac. rents 9,583 26,681 25,701 (Or) 113,852 1 56,914 at U, I. S. packaging ry. income- oper. v _ Gross will Mathieson Industrial S. at New continue to also $207,717 $365,238 123,324 103,992 243,654 Co. Corp.—V. 179, p. 1481. is division a The v, income $103,725 $121,584 $313,322 —_a__< ; To Sell Bus Holdings— The execution road's stock England of underlying with common stock.—V. 40,000 174, p. 810. ' V." " Maine Lines, Greyhound nounced April on Inc., the In for undisclosed an sum, the the rail¬ an¬ shares of sales 178, : 2t End. March from — ry. $1.50 are to be used 179, p. 1373. proceeds and aircraft purchase to Telephone Bell Michigan Operating Operating Other direction An it is overall of application will action and Transportation the opinion of approval the by the actual made in service. authorization of the trans¬ the Interstate Commerce will be delayed for some with 179, p. 1267. issue of April 12 of the our offering to common 28,83d shares of l-for-10 basis, with Further details follow: purchase and which stores April 23. on 'PROCEEDS—The net proceeds Installation the GIVING used, during be to of fixtures expects to company CAPITALIZATION EFFECT promissory notes trust deed PRESENT TO Series $1 ($15 . ! value): par , , , C 179, (50 cents to the company March evidenced ^ y 28,358 shs. 60,000 shs. 12,375 shs. (i317,130 shs. each 1 of each year 1, 1, year ^Assumed a of , 1953, under the each at $250,000 of 1 each on including year Jan. Jan. 1, 1, thereafter to and 1964, and Jan. 1 1968. including interest, on such each annual rate of $1 Including land series per 9,900 and with are is payable in final maturity entitled to monthly installments in January, cumulative 1963. dividends at Net ry. option plan." for issuance under the 39,016 15,239 Net from Net ry. 13,077 *5,935 310,867 347,327 •Deficit.—V. 91,873 179, 78,619 47,660 120,553 19,586 "stock had 25,857 *95 48,272 its transistors April to ' ' • begin being B. established in facilities handle The new half as transistor production and Produc¬ sales. the fuel Wishart quirements, wide the said that new along transistor variety of applications, control lighter, 75% vacuum as 86% smaller and uses tube systems of comparable less than field and in field,—V. munications with meeting the company's own re¬ would be supplied commercially for a J from from Net ry, including use in servo-mechanisms in the equipment in the low-frequency com¬ 179, p. 518. 1954 Gross ry. __ income 1953 1952 —V. 179, $1,684,263 176,078 347,052 140,972 $1,739,282 381,461 91,311 $1,503,246 328,084 3.019,892 3,418,629 250,216 31,809 3,350,540 3,631,471 391,497 659,017 892,308 778,331 220,007 266,378 279,546 246,115 p. 1481. joint methanol project with Germany, are | has 179, p, been made as to the loc&tion of the isocyanate 106. for England and Lefor, This area is not now served with natural i N. D. gas. addition In the to 56 miles of gas transmission cost distribution line, to construct distribution systems in the of the project is $728,854, including also proposes estimated systems.—V. 179, p. the company four towns. Total $165,047 for the 1482. lative Power Co.—Seeks company, the issuance 1951 income railway oper. a joined * with railway—— from- from Net as with Farbenfabriken Bayer Aktiengesellin setting up a jointly-cwned com-, the production of isocyanate chemicals. produce either rigid or flexible porous plas¬ formulations, fibers, adhesives and as Inter¬ chemical compounds. The flexible and rigid expected to be among the major applications, for this Montana ' $1,606,802 railway railway.. oper. City This The Gross Texas York. , various .Minneapolis & St. Louis Ry.—Earnings— Net under con¬ include the Tex., an larger units now schedule. These authority to construct a total of about 56 miles of pipeline in Hettinger and Stark Counties, N. D., to supply natural gas to Regent, Mott, Nev/ accuracy, > said. company Mr. is system power common Montana-Dakota Utilities Co.—Plans Expansion— company has applied to the Federal Power Commission are Minn., much a said a new division of the company was President, to / Formed— has Leverkusen, decision No being set up in the company's main factory in following several months of pilot line operations. The new unit already has been used by the company to build the first transistorized fuel-measuring system in the aircraft industry. tion Minneapolis, ' this was equal to $1.01 reported that the are moving on also company of plant.—V. Wishart, subsidiaries for the Allen Thomas, Presi¬ - overcome. porous plastics isocyanates. 15. Paul Charles country for Isocyanates are used to tics, new synthetic rubber mediates in making other power become consolidated Monsanto New Affiliate volume production within the next 60 transistor—one of the first high-output commercially available, it was announced on will new been in construction at Chemical Co. of New This schaft type company its and company under pany of stock for Marietta; and the until April 14, 1954, to re¬ reported Thomas Heyden 1267. p. persons Chemical Co.—Sales Etc.— this of Thomas plant income common par interested company's new polyethylene plastics plant at Texas City, eighth phosphorus furnace at Soda Springs, Idaho, and a *3,502 325,775 railway oper. $100 given . struction 39,121 • 18,032 railway the of has first Mr. $149,989 320,013 income- oper. from 1267. p. that the nylon plant owned by The Chemstrand Corp., jointly owned bv Monsanto and American Viscose Corp., j, has been operating successfully since it started late in 1953. "The capacity of the plant is being enlarged month by month and we anticipate that the chemical section which produces the nylon flake will be in operation by mid-year," he said. He reported that the problems encountered •with Chemstrand's Acrilan synthetic acrylic From Jan. 1— Gross Net reserved 51,387 railway—_— 4,792,473 the Mr, 1951 1952 $148,238 From Jan. 1— the share. shares from February— the company as a part of the purchase price of land cost of approximately $72,000. The note is secured by $400, of and to deed SShares Jan. $25,000 each on Jan. 1, 1954, and and including Jan. 1, 1958; $35,000 and $49,000 each thereafter by a of thereafter to 1969,* and 1963; trust UNot $500,000. On under each agree¬ company borrowed the additional agreement. These borrowings are exceeding not amount borrowed installments annual Jan. on acquired 2, loan notes Rearing interest at the annual rate of 4'/»'/<. The principal "amount of the loans under each agreement is in each aggregate company $250,000 including Jan. of an the into by aggregate payable in entered company Net 36,738,042 7,230,010 3,475,218 39,613,751 * 9,425,468 4,185,806 quarter ol' 1954 were $83,314,439, dent, announced on April 8. fiber 1953 $155,085 38,680,355 7,894,770 2,424,536 share. 1 1954 $164,492 1951 1952 34,215,650 6,091,972 prdvision for preference dividends Middletown, N. Y.—Files on RR.—Earnings— TWO MONTHS FIRST quarter sales were 3% less than the sales of $85,518,922 first quarter of 1953, but were higher than the fourth quarter sales of $82,589,640, Mr. Thomas said. Income after taxes lor the first three months was $5,463,164. Alter ' February— Gross from railway- plan hearing a The April 2 shares of corporation a to to go which I believe is in in the public interest. 1953 first for filed a letter of notification with the SEC covering 5,000 7% cumulative preferred stock to be offerfed sX par ($10 per share) through Frazee, Olifiers & Co., New York. The net proceeds will be used to reduce notes payable and for working capital. days 12,375 shs. value)— par the Nov. on .of amount Jan. 1953, 16, and ment 1953, 10, 3,860,657 : _ _ income. shares Sales $4,317,033 3,464,178 Mid-State Commercial Corp., The This 600,000 shs. —!_———„!a_—._.—!. stock Feb. -On $3,924,680 1,876,494 Output of Power Transistor— agreements with Massachusetts Mutual Life Insurance Company and Pacific Mutual Life Insurance Company, respectively, each of which provided for loans t 1267. p. and for close are I $18,922,643 $19,469,399 $16,187,566 4,113,608 J 4,582,746 1,920,667 1,271,329 2,200,137 2,208,010 1,058,358 railway... oper. Monsanto Minneapolis-Honeywell Regulator Co.—Plans Volume FINANCING 28.558 shs. ' ——; Dividend Series Series the for 64,000 shs. A Common 1954 Outstanding $1,000,000 34,674 *$1,000,000 —— note— gPreferred stock 179, equipment for four new during the current year. and open Authorized 4V*% $5% com¬ stock at $16.50 per share, on a rights to expire $2,091,737 1,616,938 charges— case, AND we 3,164,802 . railway 2307.' p. 2,012,367 ' 2,214,637 $1,849,283 operating income Midland Valley (Calif.)—Stock Offering—Mention was stockholders of record April 7 of mon 1954—2 Mos—1953 997,710 the holders negotiations parties. $17,070,480 . income!- the believe thereon. Marietta proposes to use the proceeds of the stock sale to pay off a $200,000 open account indebtedness to Monongahela and for property additions and Improvements.— V. 178, Co.—Earnings— <1,085,747 taxes— security 1954 oper, from 4,500 for consummation pending these proceedings.—V. Market Basket taxes— the settle to effort of in and case interested the Monongahela Power Co.—To Increase Investment— company has joined with its subsidiary, The Marietta (Ohio) Co., in the filing of an application with the SEC for an order authorizing Marietta to issue and sell to Monongahela an additional the and Greyhound the Income after is Co. both improved passenger for filed be Commission time Central and .— operating Net —V. Maine expenses de Electric $16,169,224 $15,304,203 $33,080,265 $31,182,251 11,582,029 10,272,530 23,373,062 20,869,393 1,652,165 1,942,226 3,567,886 3,983,458 „_ this effort of Pacific of most railway Commission 1954—Month—1953 revenues internal re¬ facto single an This 199,800 shares of class A stock (par$l) share. ; % per net The 77 • Stock offered publicly working capital.—V. deal great Missouri with railway from Net King, Libaire, Stout & Co. on April 5 Offered—Eisele & Sec. From Jan. 1— Gross /Net ry. N. J. whether from a situation such as is presented in the which the plan for merger of the Missouri has been initiated and proposed by them. such a merger as "essentially it is merely a recasting of a to a the interest Net 1953 $7,935,511 $16,900,264 $18,903,815 Transport, Inc., Teterboro, Air Atlantic Coast Line, in that put of from —V. Meteor the for decision in this case is Commission ha3 the power under EARNINGS FOR FEBRUARY Net 1954 with merge having no prior connection with the by the Court in the first sentence of question case case, in with best the Jan. to March 27— 1953 to and February— $6,113,883 _a<__ 77, stated subsidiaries refers have forward SEC on April Plan for em¬ the company's 1613. p. such its agreement Gross Net the railroad's highway railroad and the Grey¬ hound Linp that the transaction will result in better highway service for the people In the area served by the Transportation company. Both managements expressed a desire to cooperate in the future in the The subsidiary 3,620,693 l,288,28f enterprise." an New was by the two companies. 8, 13,187,649 3,805,523 1,551,798 Commerce Pacific and settlement ' With SEC— filed a registration statement with the participations in its Pro it Sharing together Federal providing for the sale of Central Transportation 'Co. to agreement an 13,685,706 4,050,365 1,603,321 Sec. As ■ sole "The Interstate We 5,000 ployees, opinion: opinion organization V:- ; Electric ^Co.—Registers company covering Period End. Feb. 28— Net 13,975,938 780,978 bankruptcy Coast. The Distillers ' National of ' ' iMcGraw 12, 210,446 $44,479 etc 11,656,228 2,121,139 the Pacific Y. N. Chemicals East Missouri $523,768 $167,603 income int. 936,528 RR.-r-Negotiations Progressing—Guy Trustee, in a statement released on under in not quest Rentals 927,110 $5,966,08? 1,415,443 512,758 Pacific distinguished Orleans, Chicago and Balti¬ utilize its packaging points plants Chicago and Rochester, at Net Other income 1951 $7,041,747 2,258,598 Bankruptcy Act to submit a' plan of reorganization to a district court whereby a debtor railroad would be1 compelled to merge with another railroad having no prior connection with the debtor." It held that it could not. The opinion clearly and emphatically on more. $498,067 9,946 Equipment rents 1952 2,294,720 qeustion for decision in the Florida East Coast case was whether could, under Sec. 77, compel the Florida East Coast, a road road of nationally through automotive outlets. plans to expand merchandising activities that have been in connection with these products and will utilize the carried 3,317,299 171,664 expenses— 1953 $7,133,757 1,083,339 389,245 opinion Florida its $4,550,230 1,624,093 revenues Operating Taxes RR. —Earnings— ICC the will market private label, "U. S. I. and "Super Pyro" methanol type anti¬ by U. S. I. The latter two brand are dis¬ glycol type, formerly marketed freezes Co., > and Permanent" Retail $2,074,922 Operating 126,295 1267. p. bankruptcy a of ethylene glycol and antifreeze ingredients to absorbed the U. S. I. anti¬ a Chemicals Industrial S. , freeze —V. 1954—12 Mos.—1953 1954—Month—1953 322,430 147,211 not The Melville Shoe Corp.—March Sales Lower— Maine Central RR.—February Earnings Lower— 270,309 166,673 $5,698,331 railway railway.—; income... 179, the basic manufacturer heretofore supplier of these corporation,' 1954 Period End. Feb. 28— 373,690 75,583 of the Supreme Court in the Florida East Coast case only not "a road block" in the. path of- the Missouri Pacific Reorganization under Sec. 77, of the Bankruptcy Act, but, on the contrary, is a green light. 17%; for the year to date.—V. 179, p. 925. or —4 Wks. ■- 801,067 System Mathieson Chemical Corp.—Distributes U.S.I. Products This 1613. p. 816,482 114,416 oper. The is oversubscribed quickly was 936,988 1954 Thompson, April 7, said: ordinary business for the first three months of 1954 the largest quarter in the company's history, and a new 'V, Magnolia 51,822 670,424 <\'\v Missouri /; year. total Products recent 131,708 83,020 . 1267. A. March, $118,524,783, :U. 2574. p. of month Mathieson public's the from stems 140,929 62,230 income— p. from ry. in ' industry color commercial are table the of fall, last in increase 600 % a started sales industry sales declined during this period. * 31, approxi¬ the television 156,935 33,314 20,540 from Net has reported ordinary production of $39,439,335 for which is a new March record, second best pro¬ in'its history, (January and February of this year being and third, respectively), and the sixth consecutive month with $30,000,000 of new business. The old March record of $32,707,445 of of of by radio-phonograph the comparable of period divisions 1951 $363,284 i from Net ended March year, $51,000,000, of excess comparable dollar more was ahead are in the over $45,000,000. was A but nine 1952 $403,261 From Jan. 1— company month duction gain of $17,201,913, an increase of last year when the vol-| company contributed to larger sales volume, it is reported by Frank Freimann, President, 1954, mately ume first the 1953 Massachusetts Mutual Life Insurance Co.—New Record This The Sales *283,398 $443,332 income oper. 179,, —V. was Magnavox Co.—Sales Up 12%— 124,796 *526,383 1954 railway! railway from Gross , over the 5,215,947 *102,321 *661,309 $316,750 railway Net from railway..■_ Net ry. oper. income— The net proceeds are to be used to pay expenses manufacturing of small target pistol. ' to p. V oper. ry. Gross Vegas,i Nev. incident 179, Missopri-Kansas- Texas shares 5,000 of of 5,468,814 *229,609 1267. from —V. corporation on April 8 filed a letter of notification with the SEC covering the which with mil's of . it is expected that further future!—V. 179, p. 6. and the in I.... „ Gross 1-613. p. 5,141,846 24.5% — — *152,456 *43,166 *282,635 From Jan. 1— Net was organization. ry. all 43.0% 32.5% — — __ *916,884 railway railway— Net Co.—: Company *564,084 from from Net severally subscription the which are not subscribed for upon the exercise Bateman, Eichler & the into Lowenstein the of below at 4,601,266 February— Gross cloth.- grey entrance an part not named purchase Deficit.—V. Net subscription warrants: share integrated manufacturers, printers and engaged in the finished goods field only,- grey to *379,463 $2,472,335 99,422 1 oper. 'income February— mills. in company of Albertvillc, Inc., cloth grey independent agent for the by Mills, A underwriters commitment firm a "Martin Arms Corp., Las establishment the announced 12 selling as Cade Lowenstein The converters, in act represented Julia is April on will which mill operation markets. company's UNDERWRITERS—The made —v. This salads and the the at 1721 East Olympic Boulevard, William Lowenstein & Sons, Inc.—New Division— (M.) for *443,820 $2,849,878 , Missouri Illinois RR.—Earnings- cutting and wrapping of separate produce warehouse Los Angeles. the prepartion of all on cheese is located 1267. p. concessionaires *144,743 railway railway from 1951 1952 $2,489,851 *284,570 from Net 1953 $2,268,162 ' income— oper. ry. From Jan. 1— Net 3,672,595 33,571.857 railway- Net Gross in 17 of the markets. The company's general office and principal warehouse are located at 6014 South Eastern Ave., Los Angeles, and there is now under construction at this address an additional building in which will be RR.—Earnings— railway..,— railway from drug sundries departments in 27 25.': Bakery departments are op¬ and shares of common stock railway oper. Net 29 the company operates liquor departments in - stores erated & from Gross Basket." "Market 4.254.683 railway from Gross of name 875,840 From Jan. 1— Net the operates company Sault Ste. Marie RR —Earns. & 1954 February— 1930 had been engaged in the retail 1,842,537 1951 1954 1953 1952 ' $16,235,963 $18,538,137 $19,324,147 $16,379,439 Net from railway5,308.353 2,621,144 5,219,160 3.158,886 Net ry. oper. income—_ 1,052,605 2,586,104 2,050,390 2,748,969 from under Minneapolis, St. Paul it acquired the assets 4.514,781 1266. Louisville business The incorporated in California in 1938 and assumed the liabili¬ was company 1939, 1, 863,189 198,790 357,407 February— Gross Jan. partnership which since 1,656.005 income p. food of a 4,293.650 railway—_ railway oper. of retail food stores, of the type commonly known as "super markets," in Los Angeles and Orange Counties, Calif., most of the stores being located in the Los Angeles suburban area. All stores handle complete lines of groceries, meats, fruits and From Jan. 1-— Net as ties 1951 railway——. from Net and 1952 1953 $2,111,018 from Gross BUSINESS—The Earnings—* Ry. 1954 February— Federal of $6,000,000 in preferred FPC Approval— it was announced on April 5, has filed an application Power Commission requesting authorization for the stock, no ' 60,000 shares of cumu¬ and $18,000,000 in sinking fund first mortgage bonds, par value, debentures. , the bonds, stock and debentures at would be due in 1984 and the de- *. bentures in 1979. The interest rate of the bonds and debentures and the price of the stock are to be determined at competitive bidding. Proceeds from the securities would be used in connection with the company's construction program and to redeem outstanding debentures. The company competitive —V. 179, p. proposes bidding. 1613. The sell bonds to 8 (1724) The Commercial and Financial UNDERWRITERS—The Monterey Oil Co.—Reports Semi-Annual Earnings— , and The company's other ii-com. 1954 28, .untju ,the Chairman the for first the of Cash or i and gas sales, oil from *■* of half Oj a m-nths ..ix „jie dividends and leo. euuftu structure. income operating less gross costs, the six months ended Feb. for had been the used, by $657,603, depletion and Cash of to 89 in cents the for months would have >« -.x, amounted to Feb. 28, the a $1,414,008, eoual $369,619, or 29 cents DeHaven Operating 1954—Month—1953 expenses taxes operating 500,000 Mackall 450,000 income to company's 2,411,718 2,011,188 $1,193,863 $3,025,256 National 2,557,842 c 1954 < 1953 * 10,366,601 profits taxes. 576,120 The 1,815,907 ' i Cape following $529,719 Co., United States increased March as compared with the Doss, Sales Vice-President, reported on of Mr. jump the said. line, Retail 25%, Rambler scries day where last the ten H. period, reimburse, C. models 11 sharpest, rise deliveries of in like a Ambassadors, this period largest car the smallest , Mr. 1954 Net ry. railway... railway.. from Net 1952 Net ry. $3,254 861 959,634 $5,011,079 358,848 461,385 462,645 346,219 Net 6,563,898 1,847,411 1,850,980 income... 682,894 936,300 880,476 ry. 1,680,206 of use Gross " metal containers market new a for as package a for according cans, "Several important "and we other several pioneer Electric are in Co., to products from from ry. containers Several Robert of of use to The for cans metal materials Is the ha the Lincoln major problem: Moisture, which reduces electrode and, as a result, of the weld. welding lead, of electrodes the arid of cans.—V. and 179, rods welding is industry expected to have Share elected r:st, the He which in which is now is Board Chairman il v I i.) Fuel Gas 1 a 9^99, L.j btone on for h... bid of a S.VVs, Boston 101. JD he company three panys ana F rata pro ruch ock no. share of a sum $2,220,000 He were and an mixed gas. and oi' system both used in natural the and production, manufactured sale, principally at retail, company's public utility The connection enS»ged in the business operating companies whose burning * In equipment and appliances. As had a total of 478,118 gas customers in and Ontario. of The The of straight natural subsidiaries also to that the at 40,000 some under for the share proxies re-election of who 3 p.m. April on stockholders stock to is entitled to by present by 15 to in and . .Allan P. The who told share listed is as to vote one which he the gas- 31, 195$, the system York, Pennsylvania Ohio 1, are The 3j 6inkmg fund debentures due sinking fund debentures Sinking fund debentures due Bank loans due July Bank loans due FINANCING Capital * stock (without Stockholders the annual 15, number meeting are of to convinced that S. made progress control of opposition an property." Kirby, , be held 10 value) asked 538*667 *4,000,000 shs. to she re* April vote 18 3,810,183 shs. for or against an increase 4,000,000 to 6,000,000 at tne 1954. fro*n 29, ; 500*000 1 added! be application utility properties Construction expendi¬ facilities, distribution are* expected be to made April about or on 28.— Power This Co. -1 (Minn.)-r-Stock Offering* is offering its common right to subscribe for 1,219,856 addi¬ the company share. underwriting group consisting of The First Boston an & Co., Inc. and Kuhn, Loeb & Co., on April 14 on a bid for a awarded the issue or 5.999 cents share. the slate by sale now will per wha com¬ share. be added to payable of I and from this sale as well / from as the first mortgage bonds later this year, funds of the company and used to prepay and for a construction program during the the general banks, to and 1954 proceeds stock the early months of 1955. BUSINESS—The company and its subsidiary supply electric service I j net preferred new balance by nominees, //■Z ■>-v/' of notes Central of I in portions sale of of Wisconsin, North and South Dakota. The comprises a minor segment of their business. Total Minnesota, natural gas the Midwest of the New York on the extent and Central nature plaintiffs' of Mr. .on wished decided motion Young of the to that and to vacate ruled that 17 points upon question him. William . To Haul New for;,; his common terminals announced The to be on Central carrier for this ApriM3. highway York notice the examination" for a New "The has five t said.—V. 179, p. start "in five on cities, a flat few months" cars, and William White, will build 1614. Co., headed by Eugene F. Rvan of actively In our studies, will perform Chicago, the who terminal few months from now," Mr. White y Co.—Earnings— 1954—2 Mos.—1953 890,030 >,. •> - 1,973,719 1,813,944 $3,449,997 3,141,359 $2,915,022 Ohio Bell Telephone Co.—Earnings— 1954—Month—1953 revenues____ expenses^ taxes- Federal Other income operating taxes— Net Net Income operating after charges 179, p. 2,601,303 — v »//•>/;'//■;. 1954—2 Mos—1953 $14,854,734 $14,361,138 $29,636,170 9,542,856 8,984,992 19,330,208 2,167,787 1,051,964 $2,092,127 2,074,062 2,275,664 4,152,591 921,954 2,104,261 $2,178,528 2,185,655 $4,049,110 3,970,487 " - $28,812>3» 18,296.886 4,390,101' 1,878,925 $4,247,027 4,223,15® 1050. * Ohio President, completing plans for the terminals ' a was current to haul at 1614. - Operating —V. . Rail-Trailer participated • Operating ; York terminals services when the operation starts 1050; p. Period End. Feb. 28— counsel- for.' : 179, • trailers now the $1,482,621 1,349,388 970,900 taxes incomes $1,744,067 after charges 1,603,052 Net Chicago, Cleveland, New York, Boston and Detroit. are designed to accommodate 75-foot flat cars ; carrying two trailers each, back to back. These operating —V. : are operating Net in 1 Central's engineers constructed in income at $12,591,200 $26,993,591 $25,331,900. 9,093,202 8,904,678 18,338,861 18,066,744 1,647,784 -1,313.871 3.231.014 2,596,190 taxes__ income Other associate, „ System will service 179, p. net are 1954—Month—1953 expenses.— ex¬ the which White, President of Highway Trailers— York and stock $13,455,953 revenues Federal RR. of transactions in Central ' April 9 by a decision of his four common Bell Telephone Operating and J agent the. recent of the Supreme Court of 3, 1954 by Mr. Young and the Central and its directors, the Northwestern Stock " of sustained was $92,600,000 were the rate of 20 cents a share.—V. Operating transfer New directors also by DiFalco but on stock became common March refused 1953 Period End. Feb. 28— management, against for revenues DIVIDENDS—Dividends ■/.■ announced was Young matters all it directors R. examination Court 111. V Bank the begun cover motor ooo'ooo 15'ooo'ooo 18,000.000 ; authorized be 15.000,000 1955— par to $13^0^000^ iSjSfoOO1113,000,000 1979 1954-1958__ in 1973. due 1977 gas will ultimate for company's Competing bids were received from: Lehman Brothers and Riter 8z (jointly), 6.64 cents per share; Smith, Barney & Co., 8.5 cents; and White, Weld & Co. and Glore, Forgan & Co. (jointly), 9.9 cents a should be examined before trial on all but three of the points by counsel for the plaintiffs. Counsel for Mr. White was will- ; ing to have him appear for. the examination on most of the points raised by the opposition. -J / ;' .I > • new 3V4% the for stock common Illinois Co. 60,000 type of management which has 1952" should not be interrupted. proposed your Robert Samuel Central The PRESENT the to 1954, to Dec. 31, 1957. pensation of $73,162, Central, ' TO of Norlhern additions for owns. of owner the owners Chicago will act as Co., Chicago, as registrar. ' railroad Court should of other S. pie-trial the earnings of National Fuel Gas Company subsidiaries for the year ended Dec. 31, 1953 aggregated $50,272,042, while net income was $4,210,813. In the previous year, gross operating revenues were $46,311,523 and net income was $5,273,165. EFFECT is — Corp., Blyth be entitled be cast shares 8, New York Central Railroad's Trust of proceedings EARNINGS—Consolidated GIVING 25. a price of $14 Stockholders of record April 15 will partici¬ pate, with rights expiring May 4, 1954. The unsub¬ scribed portion will be purchased from the company raised CAPITALIZATION Nov. on share for each ten shares held at one per of owners meeting will 19 outstanding 1914, has Chicago, v motion perience and sell Illinois corporation an principally States Underwritten in solicited the stockholder annual holder letter National Northern con¬ In in First The Dec. New disclosed was Ebbott, and Elton Hoyt 2rd. examination and gas and it quarterly J. Exchange. 1953 properties as sale of gross period, Northern directly represent 106,622 principal amount of or subsidiaries, Nagle, Wii.iam H. Vanderbilt, Albert Br Dick, Jr., Earle J. Macuold, transierable purchase, 'storage gas, Co.—Registers With SEC— 1614. p. C. Percy company the 179, p. 1268. April 15.—V. on $62,000,000. offering 179, Robert F. Loree. George Whitney, William E. Levis, Malcolm P. A'd-1 rich, James A. Farley, Carl P. Dennett, Lawrence N. Murray, Alexander subsidiary, owning . a was $14,800,000. Effective April with of the from this at operating Justice stock in integrated tranmission incurred 1952, heating capital cost Mr. case. loans of the small of Public Directors nominated for reelection to one-year terms, In addition to Vanderbilt and Mr. White, are: ; to purchase any other to whom the offer subsidiaries. The remaining two upon organized was two working for tures $11,959,000 its mailed at Aug. harmxul necessary to own and and 6,447,410 directors be Corp. and White, Weld one stock since since the Young, Securities offering by the payment of bank v,^YSNES5rF°TP^ny is distribution loan office said R. of the bonds will be used to purchase common stock $428,310 to purchase the com- stock 9 . and named President and the. resignation of Howard A. Morey, April, on the estimated V. professional Robert sale <2» be may to 14, construction program. cft+Mf the 173,759 Each his experienced, $9,800,000 common as ^o(fcPP which ^ 1955, July stitute (1) in in purchased by the minority stockholders (31 wiI1 • from follows: additional ismade; due proceeds as w..oliy-owiied subsidiaries; White been The debentures will be redeemable at general redemption prices rang¬ to par, and for the sinking fund, at prices receding 1C2.U.% to par, plus accrued interest in y 459,284 railroad record director "the ing irom l(ij.63% oi March PROCEEDS—The Mr. t, PROCEEDS—Net 406,246 Largest individual holder among the director nominees is Harold Halsey, Stuart & Co. Inc., 101.- each . management : consultant C., 'D. since 400,000 proceeds the were of "would from ' shares. Offered—Harri- and 218,039 The statement. company's 101.405, 1,351,844 528,612 will be cast meeting. (jointly), 1,504,472 385,651 company the Union 1,432,333 was votes the the from ^ y-b>--r Securities Corp. OO.f of of 101.6199; toward informed were at 102.079%. came Corp., *47,037 accompanying letter from Mr. White. vote interest, to yield 3.10%. by the group at competitive 12 Willett.' Vice-Pres'dent, B. of each sy & pril / 310,778 of the Central, pointed out that this represents the Central management's aggre¬ the comest for control of the company. m 98% 15, 1379, at 102.596% and accrued Award of the issue was won sale Kenneth are President Sea- Co.—Debentures passenger means of a so of 9% over total was increase an The January , , tional shares of $5 par value common stock at the rate recently acquired a subsidiary.—V. 179, p. 1049. National a to 185,765 May 26. on Stockholders Co., Inc. and associates on April 13 offered $15/00,000 of 3V4 % sinking fund debentures, due April j this proxy management, held Vanderbilt, Nat man director. a Corp., and *28,393 1267. statement an owners directors Mann, Chairman of the executive and Finance Commit¬ ntainer ,..v $518,513 1363,614 railroad strength proxy Central with to 519. p. ' company during the period Feb. 1, of the White, by no total voti:g The fol¬ continue 1951 $809,485 996,260 company's of William gate a the management's share use been • boar stoc of obligations National Container Corp.—New Director— 'eric R. directors shares a manufacturers its, research the and 207,792 263,158 p. an New York Central RR.—Seeks Reelection of Board— Solinsky, S. being canned," he develop suitable containers new Cleveland, Ohio, he said. Lincoln, the nation's largest welding equipment, has proved that the use of metal L ncoln's increase conducting are eliminated of has quality products members Washington, Carr, company 174,413 179, and year carried. were ior passengers revenue acquiring and operating the gas utility prop¬ utility properties, of Commonwealth Edison Co., an Illinois public utility corporation then engaged primarily, and now exclusively, in the business of supplying electric service in the City of Chicago and in other municipalities and territory in northern I.linois. 1 Deficit.—V. 17,431 - its period in 1953. same last on passengers revenue • called (formerly company 48,781 carried March the for the purpose of 1953, erties, 168,569 income... carried month over 15,981 company $671,722 railway-... 1954, with 34,068 in the board covering 149,771 railway oper. ''Z//i952- Z 1953 Airlines) 33.5% when of is products." the of manufacturer metal of Traffic Up— April 8 filed a registration statement with th«shares pf common stock, $5 par value, to be offered for public sale through an underwriting group headed by The First Boston Dorp, and Glore, Forgaii & Co. SEC $495,500 income oper, Net * metal 1954 railway railway. From Jan. 1— 800,385 1695. p. Net 6,067,996 from said that the sufficiency of 401 and 826. p. first quarter last year, Frank N. Buttomer, of traffic and sales, reported on April 9. months last Central This Orleans, Texas & Mexico Ry.- -Earnings- from charge three Central new The February— in General Manager 3,263,094 Gross n these traffic for the first quarter of this passenger the over first N. $4,200,901 3,9o7,324 cnarges at Queenstown crossing amounts for the the . 1,678,232 after monthly kiliowatt-hours over authorizes order Northern Illinois Gas ; $2,151,487 President. tee, 1954-^-2 Mos.—4953 1,957,236 National Can Corp.—New Market Opened— T 1954—Month—1953 ... Airlines 43% director, of Telegraph Co.—Earnings $2,479,508 expenses kilowatts maintain to authorization requested within the United States.—V. 179, /'elected directors. $20,104,879 ___ million 70 "Madison, Wis. Mr. Carr took office income 742,405 6,477,192 oper. opening lowed revenues of 100,000 in order energy Niagara "F. or In part, the plant replacement funds of the expenditures made therefrom to finance, prop¬ Improvements; and to finance temporarily their- & additional public relations, Hardware Mutuals of Stevens Point. Wis., and Robert Grover, President of Love Brothers, Inc., Aurora, 111., have been and *. $500,000; Co., taxes- Net the Electric The Edison operating $2,898,329 888,569 5,849,578 1,450.568 179, A Hampshire at Two New Directors Elected— SEC indicated: operating New $3,217,827 railway.... railway._____ from for received amounts —y. 179, p. 1267. 779,069 from Net said, have the New Bedford GasvSc Other From Jan. 1— The in per¬ 15/169.- $18,570,064 $40,869,606 $37,696,661 14,232,820 13,346,099 29,029,743 27,509,889 1 1,916,929 1,690,558 3,874,547 3,233,098 1,475,622 1,381,920 2,954,237 2,752,773 1951 $2,9uj.4P4 income... oper. 1953 North for Federal income taxes- Nashville, Chattanooga & St. Louis Ry.—Earnings— from the whole " ~ . February— —V. In companies Operating Operating Net Gross New Period End. Feb. 28— 1 ac- year, In the announced by 1482. Gross Association $2,700,000; New England Telephone Doss pointed out, while Nash, Metropolitan, continued its amazing public registering 25.4% of the total Nash sales.—V. 179, rose recently acceptance p. the of previous 10 April 14. in this "borrowings to the Queenstown crossing facilities. Ontario Commission has experienced the Hearn steam electric generating emergency, Commission's system compared $3,686,149 * Net Doss Nash the in came 43.5% 64% $2,500,000; on the Central Airlines, Inc.—Passenger is up Wisconsin erty additions and respective constrution programs.—V. 179, p. 1373. ;Nash~Kelvinator Cdrp.—Car Sales Up 6.4%— the of bank Electric Co., this exceed Vice-President 1954—3 Mos.—1953 $3,103,201 the units maximum a The Central North year ' $1,451,145 over that its meeting to North 31,'54 Dec. 31/53 Mar. 31,'53 $33.65 $34.73 County Electric Co., $1,200,000. / Proceeds of the borrow- ' ings are to be used to repay outstanding notes aggregating $1,850,000; - $1.54 to in not Increase make corporation emergency of the emergency on Hydro's system. The FPC transmission of energy as authorized wiil not impair the Plymouth $821,529 $0.99 . in electric supply $37.54 1954—Month—1953 subsidiaries to Vineyard & this help meet an to duration 1161. authorization 13,330,827 several for rate ' • said of two transmit to 179, p. 1482. a - River Toronto, aid To New England Gas & Electric Association—Bank Loans $11,472,440 $15,968,263 <__» __ . Biggest L-—i $1,150,108 p. ; at a point of the international boundary the energy and needs service to Its customers. two-thirds of in at February (& Subs.)—Earnings— Canada to Niagara Mohawk failure a National Shirt Shops of Delaware, Inc.—Sales- 179, p. 1482. counted filed Mar. 179, 1 authorized has Commission energy export the Niagara the to to station Corp.—Asset Value Rises— Period End. March 31— Power electric in line In 1,837,489 _ excess sales Shares Net asset value per share —V. 179, p. 206. $2,275,553 969,286 Net earnings Earnings per common share days export 1,650,888 - car 31 March on Sales /. Nash applied votes are needed.—V. As of— Light —V. Affirmative program. 3,810,183 shares outstanding corporation 11. May stated. Federal mission President, proceeds will be construction about or system of the Hydro-Electric Power Commission of Ontario. Niagara Mohawk filed its application on April 7 requesting National Investors Corp., N. Y.—Registers With SEC 1,649,264 843,942 expenses income and. 1955 on from facilities. 1954—2 Mos.—1953 1,344,901 sales Fed. 150,000 Coe Offering— According to L. A. Brown, $1.11 888,927 Quarter Ended Feb. 28— all Stock & public The 150,000 4 plans to offer 400,OOo shares of capital stock for sub¬ scription by shareholders this year or early next. The proposal is subject to approval by stockholders at the annual meeting April 29, when approval for increasing the authorized capital stock jbo 6,000,000 shares from 4,000,000 Is sought. share. a $1,582,437 -Mueller Brass Co. Net Reid & Co public the Machold Mellen & Miller, Joseph, the to the sale of the preferred stock will be used to reply $15,400,000 of bank loans and the balance to finance construction, Mr. 150,000 Bodine & Inc. —V, Costs tand Co., — Plans 1613. p. & Crouter second 1,003,210 charges 179, Baird 1,100,000 J. Earle by ^ Ripley & Co., Inc. Proceeds Townsend, & announced was / ' will head a group of underwriters wha; offering. It is expected that the stock will be- offered 150,000 it stock, President. make will 250,000 Co & preferred to Canada— the issuance of 210,000 shares 13 authorized April on value par Harriman This company been 1,280,459 taxes. operating after —V. Co Fulton, $12,712,158 $11,194,877 $25,553,040 $22,564,050 8,846,052 8.268,145i 18,104,878 16,988,545 revenues Net & 725,000 Mountain States Telephone & Telegraph Co.—Earns.— Net Stone 1,100,000 & $100 Machold, registration statement with the SEC covering 600,000 shares of its capital stock.—V. 179, p. 519. Period End. Feb. 28— income Co & W. Inc. The Operating Other & Co Masten McDonald & Co.—____ 179, p. 1161. Federal E. A. 1,100,000 directors The of 250,000 250,000 250,000 $21,000,000- Corp.—To Issue Power of New Preferred Stock—Exports $350,000 Co Co, of the ended & Cook Robert share. months 1 .»»• income Net six Inc. Watts Newhard, Hayden, share. Charges for depreciation, six months period amounted to a the a three tue share. * —V. amortization equal income quarter cents 51 or the for 2,000,000 Co. Niagara Mohawk purchased The First Cleveland Corp. Bioren after all charges, last, 28 Baker, 2,487,000 Hallgarten Capital a income net increased $1,137,276, cents 57 or & debentures be to debentures Blair, Rollins & Co. Inc. 1,100,000 share. Net income does not include proceeds from the sale of oil and gas which are applied to liquidate reserved oil payments on properties purchased by the com¬ pany. If an alternative and sometimes employed method of accounting $727,430, Becker purchasers of the of E. W. Clark & Co .$2,488,000 G. A. $2,800,401, was devoting Net income totaled Co., Lehman Brothers company^ policy of carrying on an active drilling a substantial part of income from production to exploration, charges for these purposes amounted to $925,695 for the six month period. This was at a rate of 66% more than the average rate of such expenditures in the preceding year. and & the amounts below: Inc. the with ance Ripley of names principal set forth Goldman, Sachs & Co... equal to $2.19 a share on the 1,277,515 shares of capital stock out¬ standing. Such cash income represents currently provided funds available for exploration, capital additions and dividends. In accord¬ program respective are Harriman current fiscal year, Lowell Stanley, April 15. Comparative figures available because of changes in th<i the not are the by them announced on year financial income to Board, preceding company's income gross April 19, 1954 Chronicle... Monday, Co. Power Inc. and Co.—Bonds associates of first mortgage on Offered—Halsey, Stuart April 15 offered $20,000,000 bonds, 3lA% series due April 1, 1984, Award by the group at competitive sale at 102.461% and accrued interest, to yield 3.00%. of the on issue April 14 was on a won bid of 102.231%. Closely competing bids for Ripley A 102.209; Co., Kuhn, t the bonds as 3Vis V. came ■ from: Harriman Inc., and Stone & Webster Securities Corp. (jointly), Loeb & Co., 102.171; Blyth & Co., Inc., 102.169; Volume 179 Number 5317 The Commercial and Financial Chronicle ... (1725) Securities Corp. Union and The The First bonds (jointly), 102.092; 102 Vi % to accrued plus par, Pacific Northwest Power ■ interest in each of a regional generating company to finance and develop hydroelectric power for the Pacific Northwest was announced on April 13 by five of the region's utility companies. Incorporation papers for the new firm, to be known as Pacific case. a banking group, which also on April 15, offered 50,000 shares of 4.08% cumulative preferred stock at $102 per share, to yield 4%. This group won award of the stock on April 14 on a bid of $100.83 per share. authorized of bids $4.03 dividend: Harriman for the senior Lehman Brothers, $100,759; Ripley (jointly), rities received were equity with shares Co. Inc., and Stone & Webster Securities The First Boston Corp., $100,369; and Union $100.61; to 800,000 and Salomon Bros. & Hutzler (jointly), $100.16. preferred is redeemable at $106 per share on or April 1, 1959; and thereafter at prices declining at 5-year to $103 plus accrued dividends. and Secu¬ PROCEEDS—Of the of the sale concurrent issuance American company, $1,000,000, the prepayment Ohio V BUSINESS—The transmission public in palities. The Co. for cash a consideration year, was is territory to engaged in Ohio, other J. in the utility supplying companies communities serves operating EFFECT series due due 1968— in an with area to $70,493,211, President TO PRESENT series due Operating expenses Federal Net operating preferred stock 4.08% Common (no par value) the to as maximum set forth Stuart but & the of names Co., 50,000 purchasers $8,000,000 Robinson & Co. 250,000 Bache & Co.— Williams & Co. 1,000,000 Clayton Securities Corp. Day & Co 150,000 income respective Equitable Co.— 150,000 Co.—— 250,000 Arthur & Wright L. Co., Inc Barney & Rothschild & of Blunt Ellis Inc._ 500 500 500 500 500 — Nicolaus & Co., Stix 2,000 250 Indianapolis 1,000 & Co —— Bond Corp. —— PROCEEDS—The etc. expenses, and Wm. 1,000 Peters, Co & Milwaukee Co._ Montrose —V. 179, V' oil develop —V. EFFECT other cor¬ and for $1)~ (par BUSINESS—The corporation was 312,500 shs. in incorporated Pennsylvania on Its office is located at 52 East Main Street, Uniontown, Sept. 28, 1953. Fayette County, Pa. organized for the purpose of acquiring by assign¬ ment from the Seneca Gas & Oil Co., a partnership, the right to lease The and company sublease, was with full management fields' and premises, Garard leaseholds County, Pa.—V. generally known in 179, Greene and control and and overriding royalties) approximately fiulrlc'onrl nrcmicoc cronerallv ltrnrrn as 1,920 thp C. the C. as of Dunkard oil and CrUmrine A. A. the At Gas This meeting of annual OT in Townships J. ' V .V ' ' '■• -All alt the neeting the meeting organization officers incumbent of Gas were following re-elected. Board the also directors <The L954, proceeds of 3f and (Can.)—Report 5,228,500 20,848,400 34,354 208,263 13 an The to amount the annual $7,289,205 $5,649,770 : stock face plus amount, 23.00c 34.96c Field, the the right, by build 28.56c the Alberta Conserva¬ pipe line a to transport crude to the Interprovincial and Trans Moun¬ at Edmonton, it was announced on April 13. extensive gathering system throughout the an and 72-mile a said. announcement 16-inch by Mannix Pembina Oil Ltd. Field of transmission main line effect the redemption on July 1, outstanding first and refunding interest to An the ;o Dome discovered was in March, as the potentially largest oil field according to the announcement. 1953, and found in The June ;,The 1, will statement new bonds 1984. The directors be will filed be is (J. C.) coupon also rate will authorized an and be fixed by increase fixed the be ab¬ closed Penney Co.—March Sales Decreased— 1954—Month—1953 will $800,000,000 level, 108. April of to are Exchange Commission— letter a debentures and cents) shares filed 6 6% be of and offered in notification 100,000 shares 50,000 of units of with shares class share one the of SEO common stock A (par share class of A stock at $2 of one common unit. per John C. net- are Radio Condenser Russell E. Cramer, up this said, Co.—Steps Hp production— President, production month adding early fall—V. Reliable Net to will that 178, April on meet be normal 14 improved about said the demand. double the operating rates of will has company Output rate of last be con¬ January, reached by 1476. p. Stores Corp. before inc. income profits Subs.)—Earnings Lower- taxes and 1952 1951 ex taxes„_ 846,952 dividends paid 1,459,241 1,662,575 1,312,744 $794,491 $1,345,373 $864,495 $1,704,276 . 631.460 649,092 163,031 Working capital Dec. 31 14.965,550 696,281 15,480,409 Total 31— 21.717,001 share- $2.66 Retained in Earns, __ business per Dec. com. divs. Book share per value 178, 673,34.6 196,411 1,030,930 14,308,09-) 22,831,229 22,317,790 $4.37 $2.73 $5.3'J 2.10 2.10 47.97 46.69 43.94 on common —V. 668,084 14,607,757 20,715,475 2.10 assets Cash 1950 • $23,786,793 $26,567,445 $24,470,327 $26,358,910 1,641,443 2,804,614 2,527,070 3,017,020 profit Cash (& 1953 sales Federal share— per 2.10 43.13 1164.. p. Republic Aviation corporation Corp.—Registers With SEC— filed corporation has applied to the SEC for an order under the Company Act declaring that it has ceased to be an company under that Act; and the Commission has given interested persons until Apiil 23, 1954, to request a hearing thereon. —V. 178, p. 389. Investment investment relating continue Smith, pected to to Barney that to a own & substantial a Co. will offering will registration statement the number underwrite the be becoming of the company's shares. offering. It is ex¬ Mary 3, 1954, subject effective. the made entire about The corporation is a leading designer and producer of jet military aircraft, currently manufacturing for the United States Air Forco high speed fighter-bombers and photo-reconnaissance planes. On March 31, Since 1954 the more jet United fighter States, the among backlog outbreak of .unfilled of hostilities aircraft and in nation's 1,216,540 shares of orders in than 1953 top ranked it on the basis of dollar sales manufacturers. March on 31, 1954, $2,666,462 common $979,000,000. the company has produced single company in the other capitalization a approximated Korea, any airframe Outstanding debt and $12,000,000 bank loans; Peoples Drug Stores, Inc.—March Sales Lower— Period End. March 31—. 1954—Month—1953 $4,469,929 - 179, 1954—3 Mos.—1953 , mortgage note with a par value stock, due comprised and 1960; $1 of share, a Reports for First Quarter— $4,571,702 $12,670,824 $13,187,461 1162. p. This corporation The ended Brewing Co.—Sales and Earnings Off— shareholders option plan Both during covering year, 50,000 15 the approved adoption of the . After provision $119,032 standing This 10c or in a the on the quarter first of ' taxes, 1,198,634 - income net shares of with amounted common on to "It were a net is announced that outstanding. This compares with 1953 sales for the of $97,566,626 and net earnings of $1,901,870 or adjusted to the presently outstanding shares. in a sales airplane, and the for deliveries same caused the earnings for period by of minor a the last to Ont., Canada, build its own plant first year. in of was the 1954 due to current | Thunderstreak. F-84F quarter This modification "However, production has been maintained at scheduled rates during period," Mr. Peale stated, "and it is expected that sales for will equal those for 1953, notwithstanding the temporary reduc¬ tion in volume during the first quarter of 1954."—V. 179, p. 719. this 1954 Riddle 34c that than to share on the corporation and Kellogg Co. have jointly formed Kellogg-Piljsbury of Canada, Ltd. to manufacture and distribute consumer baking mixes in Canada. Manufacturing operations will be conducted initially Kellogg's London, quarter stock out¬ This eventually the for share Airlines, Inc.—March Record Month— During the month of March this corporation established in both traffic and revenue. More than 1,400 quired to transport the 2,639,691 pounds of air at sales months a noted lower delay production 1954. income of $408,599 or of shares last year.—V. 179, p. 8. compares number Federal income for share 14 Mundy I. Peale, President, said: before. year cents shares. during the first three months totaled 243,219 barrels as compared with 306,213 barrels in the like period of 1953. This resulted in net dollar sales, after deduction of excise taxes, of $4,225,269 in the initial quarter of the current year, as compared with $4,989,170 the three $1.56 and first sales Barrel April 31, 1954 amounted to $44,255,223 and net income after $924,905 or 76 cents a share on the 1,216,540 shares 01 stock first stock barrel sales of this company showed a decrease quarter of 1954 as compared with the same period according to Alfred Epstein, President. dollar the April on on March was common Pillsbury Mills, Inc.—New Canadian Affiliate— matuie high p. Washington, D. C., will underwrite the offering. The to be used to make loans ahd to discount paper. will 1954—3 Mos.—1953 $70,361,794 $80,812,498 $193,305,820 $207,308,226 ——— company is well fortified against diversification program instituted the on April 14, with the SEC a registration proposed offering of 30,000 shares of com¬ mon stock (par $1). The shares do not constitute new financing by Republic Aviation but are currently outstanding and represent part of the shares of Republic Aviation held ' by an investor who 179, p. 1269. same $1,000,000,000 in the total amount of bonds which may be outstanding under the company's first and refunding mortgage.—V. 1;79, p. 1614. of will Co., proceeds This Pennsylvania Industries, Inc.—Not Investment Firm— for competitive bidding. from it one-half statement This with the SEC. 1, 11953, Dec. because that and gen- the new bonds was scheduled this week dated likely Kahn Canada with the California P. U. Commission. A regis¬ be filed late last week tration date • application for authority to issue February is stock to Pembina Calgary, "the of Year End. Dec. 31— (Canada)—Plans Construction to because on 10 The cent). , . Oil Field terminals involves Oil permit a Period End. Mar. 31— Sales of accrued in "it ago." $100,000 (par Profit has been granted to this time, last of redemption. and period." Snyder said, years company covering 161,422 $1,202,390 34.37c Mr. occurrence four cess Pembina Line Pfeiffer authorized used be faee down orders, 19,779,300 Completion of the Pembina Pipe Line is slated for late this year. Electric series V, 4%, due June 1, 1984; The series V currently callable on 30 days' published notice at 10514% bonds are their will $63,040,000 nortgage Donds April on closed was car 1953—12 Mos.—1952 $2,237,970 to obtain Sales the sale, at competitive bidling, of $65,000,000 face amount of first and refunding mortgage jonds of Series X. Under present plans, it is expected that bids will je received for the new series of bonds on May 18. £The Car business." right now, he pointed out, because freight car business is now in a new famine. only remaining freight car building plant ' in extensive densers ' Pipe Line will be jointly Exploration (Western) Limited of Toronto, and Carl M. Loeb, Rhoades & Co. of New York. Greene of the shares of preferred and comstock entitled to vote were represented by proxy or in person. Incumbent members of the Board of Directors were re-elected, non I emphasized, is that for the first is "no longer wholly dependent Steel car L. Company held April 13, about 76% ind sales. significant Car's an stepped 63,942 ... company financed Co.—Financing Approved— stockholders of Pacific total Prudential Finance Corp. of America, Washington, D.C. 1925. Board, —V. Electric & Snyder freight company's famine" or for waste Mr. Pressed especially Steel taxes Pacific the sale of petroleum pumping steel tanks, conduit fittings, receptacles and other products." —Files With Securities and 4,000,000 shs. 6,510,100 — p. Edmonton, gas 1268. p. of earnings in 1954 are expected to continue at a added, despite the. close-down at Mt. Vernon.—V. 179, he Outstanding reserved (subject i;to acres V?''' 1 Pembina Pipe Line Co. • Outstanding 1,000,000 shs. — 30% FINANCING FINANCING PRESENT TO is Net to Seneca Authorized stock Common PRESENT TO yard in U. S. 155, Pembina 250 properties, $12.60 Total drilling per * Value per Cents —V. GIVING for pay 20,000,000 shs. —— permit porate purposes. CAPITALIZATION to 1953—3 Mos.—1952 S. U. $35 at Pipe 250 gas only cookware, means, cyclical . EFFECT /:'■'* ., Value Pa.—Stock Offered—Lang- and % GIVING Yardage dredged Ounces fine gold The to used 1482. p. tain Christen- & PROCEEDS—The net proceeds are to be used to repay loan Co.; be Pato Consolidated Gold Dredging, Ltd. ley-Howard, Inc., Pittsburgh, Pa., on March 26 offered 300,000 shares of common stock at par ($1 per share) as a speculation. Oil to are 1c)— Period End. Dec. 31— up & 77 855 1,583,430 history "However," working capital. :j: Colo. (par jerally regarded Corp., Uniontown, proceeds for Authorized stock Common 179, p. 1614. Onego net used County, oil from the 1,000 Gardner- & 68,055 Vernon, HI., of freight some by assignment under application for lease from the Atomic Energy Commission an aggregate of 150 mining claims, totalling approximately 3,000 acres, located in the Klondike Mining District, San Miguel County, Colo., and the Paradox Mining District, The ———— Inc sen, 1,000 Reinholdt Writer Inc. & Co., Saunders, Stiver & Co.— 1,000 — Newhard, Cook & Co Mericka steel its "feast such common holds company 250 250 John B. Joyce & Co 1,000 J. $13.64 l,583;i69 common represented this in down BUSINESS--Corporation was incorporated in Delaware on Nov; 13, 1953, It is duly qualified to do business in Colorado and Utah. Its principal office is located at 608 Rood Avenue, Grand Junction, Colo. The business of the company is the exploration, development and operation of uranium mining properties. The company is in the ex¬ ploratory and development stage. 250 — 1,000 Robert Garrett & Sons— share outstanding outstanding per cars Pressed today tion Share & Field, Richards & Co McDonald I. This the 19,952 544 shares highly on $1 12 12,193 835 significant fact, about the results achieved in 1953," Snyder, Jr., President and Board Chairman said, "is that What (April 19) to publicly offer 2,000,000 shares of 500 Almstedt Brothers 1,500 — Simmons—— & Stifel, 500 — 2,000 Co.;.; Michigan Corp $1.56 13,616,843 21,587,546 equity remaining 70% came from the equipment, engine lathes, aircraft parts, time $1,948,904 most freight Chickamauga, Ga.—Files— -19,107 $2,626,161 The 7,999,801 1,968.011 1,584,420 shares "The he 4,500 Co Day & Co Kormendi First value Common 1952 4,210,581 stockholders' Preferred $5,283,393 $11,094,358 $10,231,411 8,219,422 1953 taxes Book stock (par 10 ) at 150 per share "as a speculation." 150,000 and the be pur¬ Curtiss, House & Co Fahey, Clark & Co Joseph, Mellen & Miller, Inc. Scott, Horner & Mason, Inc. Smith, Moore & Co.—_—— 5,850 * SEC $95,342,525 $51,265,978 taxes income Common & — Shares 5,850 Co >' (& Subs.)—Highlights- Earnings per common share Working capital at Dec. 31 1954—2 Mos.—1953 Paradox Uranium Mining Corp., Grand Junction, Colo. Stock Offered — Tellier & Co. is expected 1,000,000 & of the new preferred stock, the* new preferred stock to 5,850 Corp. & Co.- Forgan John Gas Income Trimble,- Co.—Earnings-^ 4,175,255 Car Co., Inc. — before 100,000 4,500 Securities sales Income Co. 500,000 Weeden & Co., Inc.-— • 5,950 Hayden, Stone & Co —V. $5,419,851 4,001,903 CAPITALIZATION — forth below: set are Blyth & Co., Inc._* The Board on ounce R. L. W. Net April 5 filed a letter of notification with the SEC covering 299,800 shares of capital stock (par 10 cents) to be offered at $1 per share through Gill, Pope & Co., New York. The net proceeds are to be used to explore for oil and gas. Schmertz & Co., C. Thomas 300,000 purchasers of shares of number 750,000 Inc. 1,000,000 the by them Co., Shares F. A. Steel Year Ended Dec. 31— B. 1482. company The * Stern Brothers & Co.— 250,000 Co Co of Pollock & E. Walter Stokes , 300,000 100,000 R. 2,500,000 Company $200,000 Inc 1,500,000 — & bonds new purchased by 100,000 Wm. Securities Corp. Bruce issued. Inc.—— 400,000 _— Dick & Merle-Smith & Kendall, 400,000 names the B. W. Pizzini & Co., Inc. 500,000 Byrd Brothers & the Mullaney, Wells & Co._ Patterson, Copeland & 150,000 Equitable of bonds to be new by are Mackall & Coe„ Strudwick & The 7,150,000 shs. limited issuance below: r Anderson L. Paul Delzell, W. and Co., directors Co.; — charges 2,045,680 — 10,000,000 sh§. amount respective principal amounts of are Smith, T. Pressed Serving of board Power sence 100,000 shs, • UNDERWRITERS—The Glore, Electric Co. Power the Mt. 202,403 shs. . requirements of the instrument under which such securities chased of 1954—Month—1953 Paleo Oil & Gas Corp., , 70,000 shs. ; stock 'Unlimited The 179, p. 7,000,000 ' series Hirsch Water members 22,000,000 (par $100l_—~ series Heller, Washington and 20,000,000 $7,000,000 series-—_—— Freeman after —V. 15,000,000 15,000,000 notes, due 1955-1966-*— 4.40% L. Net $1,678,443 1,512,253 Boston, Mass. taxes— operating $405,863 952,560 on April 8 filed a letter of notification with the SEC covering 640 shares of $6 cumulative preferred stock (no par) and 640 shares of common stock (no par) to be offered in units of one share of each class of stock at $100 per unit through Minot Kendall & Co., Inc., on $46,811,497 $44,635,929 $95,406,535 $90,060,596 33,714,710 31,858,212 68,655,427 65,184,558 3,523,000 3,713,000 7,270,000 7,093,000 taxes— 4,153,936 3,781,324 8,386,750 7,551,627 income Other in¬ 40,000,000 1984— Cum. R. projects two are:, revenues Operating Outstanding 1983 due Baxter, group States Power Period End. Feb. 28— $55,000,000 L series serial Aspden, the FINANCING —. 3'/h% Halsey, Iric by General Mountain the of $702,324 707,631 Porta Co., Inc., Chestnut Hill, Mass.—Files With Net an net and — 3%% them Pacific Electric John — 1971-— 3%% the Portland of $83,676 — 1269. p. The corporation Corette, President of The Montana President of Pacific Power & Light Co.; Chairman electric munici¬ of and Authorized series due 1978_ 3%% series due 1981- and The of Vice-Presidents as 6,437,481 the companies.. investigation $8,115 924 5,590,911 group Power, General 1954—2 Mos.—1953 $5,996,774 ry. income— oper. 179, stainless GIVING 3% : five-company Water Portland ry. —V. $12,187,286. series 4J/2% the of from revenue operations power • amounted revenues CAPITALIZATION 3% of Washington Power, large requirements E. McKee, of generation, purchase, and its sale to the the energy and electric 538 1,267,000. company in electric of 'First mortgage bonds: 314% Power President him are: the year 1953, the company had total operating $76,733,200 and net income of $13,801,699. In the previous total come $300,000,000 a operate power Pacific Telephone & Telegraph population of of to and of with EARNINGS—For revenues Net Net construct They are The Mountain States expenses. of produce Robinson, parent Co. intends to apply $23,000,000 to the which were issued in connection with the balafece of the proceeds will be used to extensions, additions and improvements to the company wholesale estimated intervals its to plan. to 1954—Month—1953 $2,843,710 $3,798,393 2,760,034 3,096,069 revenue., oper. The distribution and extensive at energy Electric & stock common $50,000,000 will pany Power the cost of company's properties. ; of Salem, Ore., with plans would call for oper. Railway the Clearwater River in the northwestern Idaho, which 536,000 kilowatts of power. The new generating com¬ continue engineering investigations now being carried on by the companies on the Clearwater projects. Named as President of Pacific Northwest Power Co, is Kinsey M. would proceeds from the sale of the bonds, shares of preferred stock, and the shares in supply future served by members under branches to notes, program. for pay net 50,000 Gas bank of construction total of additional 50,000 needed Montana is company Light, Already Corp. prior the the & Power Corp. filed were capital stock. Initial construction program. of customers backing a Co., Railway $500,000,000 developments "' The Power Purpose Kuhn, Loeb & Co., $100.71;. & Period End. Feb. 28— more Northwest other Pittsburgh & Lake Erie RR.—Earnings- Formation Preferred Stock Offered—Blyth & Co. Inc. is manager Five Co.—Organized— 102.0499. Corp., to redemption at regular redemption prices 1 to par, and at special redemption prices receding' ranging from 105'/a% from and Salomon Bros. & Hutzler Boston will be subject 9 plant, but the new company plans in that city.—V. 179, p. 402. new flying hours records were re¬ freight in this record- breaking month. Revenue ton-miles 19.9%; March, Gross over March, for March 1952, by 37.5%, revenue for 1952, of and 1954 exceeded March, March, 1954, was 20.8% and 92.3% over March, 1953, by 1951, by 92.9%. over March, 1953; 57.3% March, 1951.—V. 178, p. 572. 1 10 RKO Pictures Corp.—Offer Extended to May This corporai,ipn mark expiration of a 60-day period from the stockholders' meeting. Certificates for stock to annual • York 15, N. Y. James R. Grainger, President, said that as a result of the transfer of all the company's assets to Howard Hughes at Wilmington, Del., March 31, the holdings of the company now consist only of Mr. Hughes' cash payment of $23,489,478. This amount is equal to the $6 per share price offered for all shares outstanding.—V. 179, p. 1269. of this company during the first quarter of 1954 were affected by generally unsettled business conditions, John A. Robertshaw, President, announced on April 14. At the same time, he ex¬ curities whole would compare Operating costs are expected to be the year, he added, through the in¬ pressed confidence that operations for 1954 as a sales net 1954, 31, are at approximately $14,000,000 as compared with $15,559,864 corresponding period last year. After provision for estimated Federal taxes, profits for the first quarter are estimated at $700,000 equal, after preferred dividend re¬ quirements, to 49 cents per share on the 1,337,197 shares of common stock outstanding. This compares with profits of $838,427 or 63 cents per share on the common stock in the same period in 1953. At that time, no preferred stock was outstanding. It is estimated To New Build of is a leading manufacturer of controls for home ap¬ industrial applications, automotive thermostats, elec¬ recorders and controllers and other devices, including various The company tronic and defense Robertshaw-Fulton Other items. plants located are at Tenn., . Mo., the of Jose Water Months Ended 1954 (& Subs.)—Earns., Etc. 1953 .Operating revenues Operating expenses Income Non-operating (debit; revenues $3,023,411 10,828 . — $3,093,090 $650,726 income ... Interest, etc. Federal $3,086,751 6,339 State income 828,729 ■ taxes, etc 677,260 920,711 —— and income Net Special • 1,014,395 income—-a. net 199,416 k;. ' transferred Bal. of $1,263,143' $1,395,096 — - appropriation U:' Cotnmon shares Earnings per to earned surplus outstanding (unapp.) ■■ ■ . i $1,195,680 1,510,173 $0.68 - — ■ $1,263,143 number) (average share common $669,821 value stock, common at $10.20 of $8,000,000, due Oct. funds to share, a 1, of which face 1983, of offered an issue of 210,721 shares of $10 par to shareholders and sold by subscription provided sold $8,166,320. major portion was reserved series which capital new for issue an bonds, 102.079%, this and $2,149,354; mortgage at of construction and the balance 1953 of first underwriters to A funds 3:'A% amount, E, provided applied was 1954 construc¬ tion. The estimated program, require further financing.—V. 179, $14,000,000, at available for Period End. March 31— —V. stock conversion America Trust, ($250,000). preferred, series A 4%% preferred, series B 30,000 1 Directors and —V. directors general 178, of decided to shares of to be held in June, 1954, that to the an amount of fls. 202,727,600 be issued in This amout represents 20% of the issued ordi¬ ordinary shares the company. nary share capital of fls. 1,013,638,000 as at Dec. 31, 1953, and will be charged to the "capital surplus account" which at that date showed a Balance of about fls. 224,277,000. further A ing regarding the cise their The issue will announcement in manner be made which in the above-mentioned shareholders will be meet¬ to able exer¬ rights. sell company has been notified by the Ministry of Finance that the these shares against "capital surplus" will not cause Nether¬ income subject new and to be levied Netherlands to The 1954 tax shareholders, on dividend will nor this issue the over during April 2. established all-time an high $13,638,231 of in rev¬ the ending Dec. 31, 1953, however, declined share on 594,087 shares from $567,980, equal to 96 cents a share on 594,082 shares in 1952. These lower earnings in face of increased revenues resulted from to Mr. prices stemming from increased competition and increased operating costs in the form of provision for obsolescence, depreciation and amortization plus rentals of flight equip¬ ment increased $848,000 from $1,193,000 in 1952 to $2,041,000 in 1953, Norden Mr. pointed Seaboard aircraft 1954—Month—1953 $407,656 $404,633 oper. expenses. 160,312 130,929 336,542 These will carry freight payload of a miles per hour in transatlantic operation, adding greatly capacity presently provided by the company's DC-4's which fly an 8-ton payload at 200 miles per hour. . v.i. At Dec. 31, 1953, Seaboard's total assets were $6,051,246 and net worth was $2,906,053. These figures compared with $5,747,706 and $2,816,094, respectively at 1952 year end. Largest transatlantic all-freight carrier, Seaboard flew a record total of 8,047,231 revenue miles during 1953, a 16% increase over the 1952 tons at 300 the freight cial of 6,940,634.—V. consultants, March A. from revenue $60,270 —V. 179, p. $276,727 $68,091 237,500 421 24,837 $517,915 439,350 Costs 179, 1484. p. Calendar ' 1954—4 Wks.—1953 6i'l Gas & and Ended other and Profit U. $ -Domestic sales 122,423.031 Canadian sales —V. p. 179, $ $ • 120,260,819 364,308,649 353,278,771 10,940,041 33,270,886 31,221.372 1615. shares 47,806 of con¬ 5,406 __ 2,400 Inc 16,000 Newbery 2,200 ^ - & Co., 6,358 Inc.— 1,000 1,500 _ 179, p. 1484. (& Subs.)—Earnings Off— Year— 1953 incomer^.— 1952 Federal S. income taxes 855,555,632 90,061,006 93,844,952 taxes-; income on $ 935,465,453 22,000,000 $17,000,000 68,061,006 §Speclal 76,844,952 68,061,006 86,475,303 31,836,818 31,743,141 J__ credit special credit 9,630,351 — Net income Dividends paid Earnings per $Reduced back, of U. Feb. of Corp.—Earnings—,,,^,,,, 1 $8,745,715 „ , $8,063,355 5,304,243 5,412,482 ———— The plans at less not Co., San Francisco, totaling Mr. of Price Ford The orders letter unstated an offered the notification to number employees wpw York of with shares of market the at Stock filed was Exchange the s$1.01 $0.50 share through and 179, Brush, (par $1) to The Eustis as £5 of shares fully ordinary paid will and be Co., Ltd.—Stock Dividend allotted the on to basis the of 769,721 both and of are SEC an shares shares 384,860 which of 179, from are the of ordinary stockholders one new share & work J57 carried of on 1205. p. the 357 • Orddr— for airplane engine, in now offhe one engine division, manufactured being process The Works Wakonda at Solar assemblies plant in Des for both being are Moines, Iowa. Co., Norridgewock, Me. Pre¬ — H. net proceeds, converted was its the added dial to in a with $105,000 a Norridgewock, bank Mercer, loan, Smith- in operation system. 1946. in 1953 On & the as the area exchange an in and Sharon 1889 serving 1945 Oct. North 1, 1953, Portland around North Solon at New dial a Norridgewock New was Portland exchange the at company Telephone Co. with stock-sharing method. conversion be Co. In 1934 the to New all above, will River. dial former outlined of organized was Dead to corporation by With as together towns Telegraph & and converted the the convert Me., to dial operation. Telephone and of of dial.—V. 600 the 179, telephones with approximately p. the 1,000 funds provided telephones in the 1205. South Carolina Insurance Co., Columbia, S. C.—Files— $19 on company covering per increase each for Aircraft. W'nitney new Offered—tE. to Portland The new qrders BUSINESS—Company & be closing price on purchase.—V. 179, of used merged cover¬ to the Issue by the company t,o its ordinary stockholders of 10,902,939 ordinary shares by capitalizing £10,902,939 of the share premiums reserve. with disposal stock value.—V. Telephone and Rome, that consent has been given by H. M. Treas¬ announces compliance in the for common, for,, units Solar's Stock be field system Shell Transport & Trading that, common 1205. p. Athens 30 1375. The company refineries Stanley & Co., Waterville, Me., on March 10 publicly offered 5,600 shares of 5% cumulative preferred stock at par ($5 per share). the on day production gas $18,000,000. than $6,600,000 for components supplement Pratt in Somerset ferred New March on stock common the Co, PROCEEDS—The 1334. p. SEC based the on decrease of $34»~ a and oil 1,480,972 Sheaffer Pen Co.—Files With SEC— of to facilities $27,000,000 *$1,501,955 $1.21 pert said Motor fabricated was (W. A.) Co. nominal more §Gain required by Ford under license from Pratt & Whitney Aircraft. $0.60 156, provision (no powerful turbojet engines have been received by this Edmund T., Price, President and General Manager, .an¬ on April 13. Ii ' " V.v Ford .—__ $16 facilities Co. carry-i . 1,487,891 than at related formulated Gas share. per most $1,802,668 Calif.—V. stock Co. transportation disclosed being books 149,511 April 5 filed a letter of notification with the SEC shares of common stock (no par) to be offered in market report are Natural Hydrocarbon •597,082 on 1,500 Gas Additions marketing *$7.08 cents income). on Solar Aircraft Co.—Receives Large will & 79 or representing recovery, through in 1951 for excess profits tax. Interstate taxes $9,630,351 of provided 1952. and Pioneer •510,524 adjusted to year-end audit.—V. 179, p. 441. open credit $72,000,000, annual order, —V. company $5.53 $2,800,000 Colorado $30,000,000 772,572 Net income for the •As by amount to 530,623 taxes period : Shares of common stock outstanding.. Net income per share of common stock Cash dividends paid—per share-,.— special 1952 from 177,370 income share Capital expenditures in 1953 totaled $147,000,000, 000,000 amounted nounced >r; ; t " 1953 j ■;:1954 income— Federal stock— common Federal Orders 28— of the S. on common in sales on for — Privately— ury $ right Himme & Pope, before Sinclair's amortization and for credited 11,180,393 N. Income—before issue of $500,000 serial notes, due an expenses Provision 1954—12 Wks.—1953 " Strauss Gross operating privately through J. M. Louden, Inc., finan¬ York City, New Months Depreciation / Safeway Stores, Inc. (& Subs.)—Current Sales Up—, Period End. Mar. 27— of exchange by the the company agrees to prior •'i v$ of Depletion p. 1269. the Kidder & Co.— M. See also V. 1, 1956 to 1963, inclusive. sales ing ry. __ interest an stock: Chilson, nation's A Net to Draper, Sears & Co. „ 313,484 operations Net ry. oper. income—_ at Chace, Whiteside, West & Winslow, Inc Super Constellation new Norden said. Mr. summer, to $831,399 Railway aggregate an Simon, Strauss & Himme ♦Inclusive of four delivery 1954—2 Mos.—1953 $220,582 in banks, such to the prior right of subscription by the participating pre¬ stockholders, the company agrees to sell to the underwriters following units: the out. take will this Slocumb revenue- from ferred costs, Direct said. Norden The oper. banks company at such date, had outstanding $3,535,000 as borrowings preferred stockholders as above, following underwriters the following the added Period End. Feb. 28— commercial the N. Pope, Inc J_—39,000 Chace, Whiteside, West & Winslow, Inc._ 3,400 a year Railway Realty Michelman 1954, 31, year equal to 59 cents be RR.—Earnings- Jan. , covering Northern several of William 157,125 1953, Raymond A, Norden, President, announced on was 13% higher than 1952 revenues of $12,082,495. Net This to $351,179, the Sacramento re¬ ".'U;Shares Shasta Water Co., San Francisco, Calif.—Piles— profit shares 1821, p. corporation enues tax. shares will fully participate in the following years.—V. 174, p. 1500. with unsecured vertible preferred None of lands M. Abraham to participating ' the t216,742 of 4%. 22,795 28,145 series C 173,965 Shamrock to propose credit $5,010,000 and, .. Three meeting of shareholders holders have liPayable UNDERWRITERS—Subject Seaboard & Western Airlines, Inc^—Net Earnings Off Net managing of term 20,047 17.833 preferred, preferred, series D__; ■: . .. .. and officers 'V.'/-- ' lines 30,003 16,167 4.70% $3,989,073 Royal Dutjch Petroleum Co.—r2p% Stock Dividend— subsidiaries. its 149,600 shs. to bonuses as convertible BORROWINGS—As TERM short $383,115 179, p. 1269. ■tii'.; and company of distribution for Inc. SHORT company, . the William The company has placed 1954—3 Mos.—1953 $1,468,123" $3,895,880 „ reserved 49,455 shs. t550,400shs. 149,600 shs. (par $1) $1) (par are of Westpan 1954—Month—1953 $1,434,044 65,000 108,371 shs, 250,000 shs. preferred stock and 20,000 shares reserved to cover option to underwriters. ^Payable to Mutual Life Insurance Co. of New York. gPayable to The United States Life Insurance Co. ($285,000) and The Colonial Life Insurance Co. of 75,399 $349,787 stock- common Sessions Clock Co.—Notes Placed Sales stock common for outstanding: will Rose's 5, 10 & 25-Cent Stores, Inc.—Sales Off— payable _ employees $458,514 1375. p. note 1165,000 served 222,966 95,325 deductions. 4%% total construction 1954 535,000 ; Units 1,353,053 $0.71 $500,000 $535,000 in 1964 shares $681,480 224,709 $445,112 18 financing consisted New ,v •Class A Outstanding $$500,000 payable 23,592 preferred stock. on Balance Shares lower . notes subordinated 30, Common $657,888 19,095 deductions income after taxes for Gross PRESENT FINANCING TO 1963- „ 6,075,134 $3,012,583 operations from > in¬ •Cumulative convertible preferred stock (par $11) 1,476,374 income The . • Subject Net Dividends $9,168,224 — junior in to 1964 1956 Simon, before etc., class A par - 1953 income Non-operating income Balance EFFECT payable to 1957 subordinated Nov. $2,131,262 Net operating Interest, GIVING note Sinclair Oil Corp. $11,852,937 ~r 6% 1952 8,829,526 ' — term installments in Common & Power Co. 5%% of 28— 4.70% Rockland Light senior stallments Works—Earnings— Feb. j$l of Authorized rate 12 and Years Ended Dec. 31— be 4%% company's acquisition and one share of April 30., stock shares CAPITALIZATION • amount of Knox- Bridgeport, Conn., Anaheim and Lynwood, Calif., St. Philadelphia and Youngwood, Pa. The one-story 70,000 square-feet building, is situtated on 20 acres of land, providing adequate room for expansion.—V. 179, p. 1615. ville, Louis, its $2,398,434 company will had San 1954 "of pliances through , is expanding its production facilities with the opening a new plant at Indiana, Pa,, 50 miles northeast of Pittsburgh. The company has taken a five year lease on the $475,000 plant, con¬ structed for Robertshaw-Fulton by the Industrial Development Corp. of Indiana, for the manufacture of certain new products now being readied for the market, according to John A. Robertshaw, President. This informed were field I Plant— be *651 1,747,708 preferred dividend requirements in the first quarter equal to four cents per share on the common stock. were stockholders unexchanged will companies. container preferred Both, offer* expire stqek. April 19, 1954 cumulative convertible preferred stock publicly offered at $15.50 each, while the unsubscribed units offered to public at $15.50 per unit. : The He other convertible common, entry into the virtually all of the common stock of Superior Paper Products Co., Pittsburgh, Pa., through acceptance of Superior stockholders of the St. Regis offer of exchange of its common stock for Superior stock. Superior will operate as a subsidiary of St. Regis. Superior, Mr. Ferguson states, operates two plants in Pennsylvania, one near Pittsburgh and the other at Mt. Wolf, near York.—V. 179, p. 1205. the that of The fibre estimated in lative $50,094,966, months of this year totaled three stated pointed out that dividends paid last year repre¬ sented 45% of the period's net income. The stockholders on April 9 approved an increase in the number of authorized common shares of the company from 7,495,714 shares to 10,000,000 shares. Mr. Ferguson pointed out that the company has no immediate plans for the issue of any of the additional shares of common stock, but added that the increase in the amount of author¬ ized common stock places it in a position to issue from time to time such shares for the acquisition of additional properties or se¬ Robertshaw-Fulton Controls Co.—Sales Off- of 1953. the balance of troduction of new cost-saving methods. During the three months ended March Ferguson dividends. of operations those the first that present-Indications were that 1954 would be a favorable year for the company and that he expected sales and earnings to exceed those of last year. On the subject of divi¬ dends, Mr. Ferguson referred to his remark at the 1953 annual meet¬ ing when he stated that with the virtual completion in 1952 of the company's large expansion and modernization program the board could consider distribution of a larger ratio of profits in the form Mr. should be surrendered to Irving Trust Co., 1 Wall St., New favorably with lowered during in compared with $49,199,222 in the comparable period of, last year. date of the be redeemed the Net sales * 17— informed stockholders that, they can.r^deepa share up to the close of business May 17, which has their stock for $6 per will Financial Chronicle... Monday, The Commercial and (1726) 15,000 share, April shares 8 of filed letter of a stock common without underwriting. capital and notification (par The $10) proceeds to are with be to the SEG offered be at used to surplus.—y. 173, p. 1483. stock, -' *1 A St. Louis Southwestern the Ry.—Earnings— proposal to time that Period End. Feb. 28— Railway oper. $4,966,383 revenue:— Railway oper. Net 1954—Month—1953 from r.v: —V. oper, 179, p. $12,548,777 6,459,369 6,919,677 the of letters allotment The —V. shares new ordinary capital 172, p. will share will in respect income.,— $3,114,719 651,96G $3,462,782 986,376 $5,629,100 income 70 for cents outstanding at the President first 714 and the in of that dividends all 1954 year end and month. paid subsequent Operating revenues— years. Operating Dr506,507 1,896,025 a first share end of Chairman; quarter on that the of 1954 5,397,657 period, amounted shares of $3,949,456 common stock according to Roy K. Ferguson, This; compared with $3,760,587 three months oL 1953, equal to 70 cents a share shares outstanding at the end of that period. to on for : the the 5,170 income Other operating —V. 1954—13 Wks.—1953 $4,400,954 $11,045,478 $11,465,136 was made preferred convertible holders 458 of units stock preferred stock the at $1.20 $15 per 24,234,438 22,551,065 49,260,871 46,231,043 taxes— 4,433,612 4,566,837 8,607,276 8,707,910 taxes— 3,081,707 2,787,175 6,167,928 5,531,320 operating after income $4,911,145 $4,929,945 $9,600,910 $9,491,882 4,506,243 4,624,159 8,692,510 179, 8,783,283 charges p. 1270. Co., Inc.—Further Details— in our issue of April 5 of the right to change each of the outstanding 29,458 shares, of $1.20 cumulative ticlpating Net Net —V. Signature Loan Mention $3,804,580 1270. p. 1954—2 Mos.—1953 $36,660,902 $34,835,022 $73,636,985 $69,962,155 Sales Off— 1954—4 Wks.—1953 L____ sales 179, Telegraph Co.—Earnings 1954—Month—1953 expenses ' the Southern Bell Telephone & Period End. Feb. 28— the on 14. Period End. Mar. 27— to passu the Shoe Corp. of America—March Retail Net pari of about Federal St. Regis Paper Co.—Sales and Earnings Up—Common Stock Increased—Enters Fibre Container Fieldequal issued be ' $1,780,716 1270. $9,922,151 3,389.393 ry. operations Net $6,504,112 3,185,667 expenses, revenue 1954—2 Mos.—1953 this issue will be put before the stockholders at annual general meeting in June, and it is expected make (no par)- (par $11) for two -shares and .of the ex¬ par-r of 'cumulative right of the present participating preferred stock to subscribe for .29,-; unit, each unit to consist of one share of cumu- Southern Indiana Gas & Electric Co.—Bonds Offered— Equitable Securities Corp. offered $8,GOO,OOO of and associates on April 14 3^% 30-year first mortgage bonds, j at 102.461% and accrued- interest, to yield 3% to ma- Number 5317... The Commercial and Volume 179 Other Loeb bonds The , 100.982. to redeemable are call Special IdO'/e. . - at prices regular each the of 1958 years to Texas State Oil & Gas Co., Corpus Christi, Tex.—Files With balance eral corporate sinking fund the of proceeds the company.—V. of purposes 104 and accrued interest. from the issue will be used for the gen¬ debentures at Texas with communities estimated an ♦First mortgage bonds— of 1948 due '"* 2%% series 3% — of 2%% series of 1951 due 3'/«% series of 1954 due Preferred ♦Not except limited principal of amounts Securities Corp Hirsch & _ Co M. Cooley Co & Company & that its in it received stockholders stock, common The or a each . in of the common stock will be to March 1954 31, full shares of common presently authorized is entitled are ' vote to • ■ awarded to the Marcus Hook, Pa.— involve of and the within units new 12 agreed to completed be and In the company's 178, & ner - several Paine, Electric revenues — Operating expenses |$5,671,763 $12,678,546 $11,556,439 3,906,262 8,395,858 8,152,858 679,470 1,676,679 1,286,810 268,117 ' 640,043 557,907 $6,266,382 — 4,170,244 taxes— 821,260 operating taxes— 308,978 Federal Other Net Ret income —V. 179, $1,965,966 $1,558,864 1,701,711 $817,914 $965,900 1,307,342 692,040' 831,717 charges The - —V. of 5.40% stock April 1, The company M. Ohio formerly was & 20,000 William Blair & Co H. into Folger, Production Co., Inc.—Gross Years Ended Dec. Cress operating Winston (net) deductions Federal tax income stock — income.. $3,601,367 Number of shares outstandings— Newell & Co. • Effective— Earned share. per $2.09 — Talcott, Inc. due April in 1953 amounted to $10,094,053, compared with $8,560,450 spent for the purpose in the preceding year. During 1953 this company drilled or participated in drilling 208 wells, of which 150—or 72%—were productive, compared with 128 w,ells drilled in 1952, of which 86 (or 67%) were productive. Regarding, dividends, the annual report states: "It' is the presentview of the management that no dividends should be paid in 1954, hot that, if earnings forecasts for 1954 are realized, the stock should be placed on a quarterly cash dividend basis in 1955."—V. 179, p. 1052. expenditures Capital The Stix p. dated — The $19,003,176 $21,304,307 $39,447,438 expenses. 14,413,972 14,217,049 29,696,004 Railway oper. Net from rev. oper. —V. 179, — £4.589,204 2,237,118 _ $135,503. revenues Mr. Operating expenses _. "It 23,451,437 49,843,089 4,518,824 10,789,219 —V. 179, 5,687,503 6,358,683 2,801,958 3,182,411 $5,807,333 5,364,922 charges This $4,884,457 $11,377,882 $9,692,127 10,452,780 8,908,579 4,520,599 not to the outlook for surprising if be reports Feb. This compares fiscal cents Sovereign Investors, Inc.—Reports- Record Gasoline Natural months ended $1.01 Highs— *• share per for the ended Feb. year. like the Net —V. asset 179, value p. $871,749 — $748,813 $8.58 £— assets net Total $7.79 shs,re per for the earnings earnings net the first half of 1954, with on reported $580,671 Earnings year. in six months year a first and earlier.—V. 179, 1954—Month—1953 Period End. March 31— " • p. per proceeds will be Ltd—Bonds Sold Privately— April 13 announced that it has sold privately through A. E. Ames & Co., Inc. { f minion Securities Corp. a new issue These States bonds funds. are The payable Issue as and The Do- of $17,000,000 first bonds to mature Dec. 1, 1967. mortgage sink, fund 4*k% to carries principal a sinking and Interest 8,353,638 13,839,496 $14.24 14,538,141 $15.28 Edward Dimock J. April on Approved— approved an applica¬ cash distribution to 179, p. 1522. 2 Doyle, trustee, for a 5% $1,000 first mortgage bond.—V. on California wells—V. completed working Texas, in by the L. W. & Tide the No. Water Ventura, Calif. company dually completed Field, six of addi¬ Oklahoma, in one 100 Lloyd and Associated in its No. Ven¬ at Lea Field, the completion the April 12 announced in California, two Mexico. in Crane County, from N6s. 1 and 2 Barnsley the Connell and Ellen- formations. well Oklahoma new located Is on the edge east of the Elk Washita County. Mexico, Tide Water Associated completed No. 3 Anderson, 8-20-37. Lea County, from the Paddock pay sand.—V. 179, unit in New .%'• ' ■ has company the barrels well • " " - Sun Oil .completed a new discovery well, drilled jointly at Sidney. Rithland County, Montana In the depth of 9,500 feet, known as the Beagle No. 1, Co., at Basin ;• Canada—New Well— a day. a ... m ^ wholly-owned American subsidiary, Trans-Era Kansas, has announced completion of a Julesberg Basin of Colorado, producing 200 barrels of 4C company's In of Inc. the Wichita, gravity oil a day. 1954—3 Mos.—1953 BUSINESS—The company was organized Jan. 4, acquiring, Four This company on 7,115 9,273,567, assets)-^ worth) (net $1.20 $0.70 „ 6,794 according to Julian B. Adoue, Jr., Trans-EVa President. The well now is said to be producing 30 gravity oil at the rate of approximately 110 exploring, developing and Transcontinental 1954, for the purpose operating certain oil and gas lh fund providing United for the of the leased operates properties acquired by the company contain nine The in that part of southern Texas known generally as the Gulf area. The company's Christi, Texas. are in the Building, Tower Wilson Corpus Line Corp.—Earnings1953 —«——- Income interest, etc. ' income deductions , 33 291 $3,377,152 11.902 $3,897,923 1.653,687 $3,389,054 1,779,083 $2,244,236 350,625 $1,609,971 $3,864,632 Utility operating income Other income: 195? $15,167,514 $13,416,9-3 11.302,882 10.039,771 —————— Operating expenses and taxes Gross offices —* , CAPITALIZATION—Capitalization to be outstanding, including the present fesue. will consist of 500,000 shares of common stock, 25 cents par 1 Gas Pipe ended Dec. 31— Operating revenues producing oil wells and four leased properties are wildcat acreage. company months Three 1206. Steep Rock Iron Mines ' — share new Texas, in This stock at largely > for used current $1.40 $0.50 jL — v.: New Petroleum, net shareshare: been two Williston share. PROCEEDS—The 683,314 $401,518 208. ■ April 13 offered for public sale common 519,521 $721,193 Trans-Era Oils, Ltd., Toronto, ' of 25-cent par value shares paid shareholders.,.— wells—two in Section p. 78 properties. -■> 907,175 $1,084,832 capital. of 179, 1,992,007 T, each oil The City Offered—Bar¬ Gas Co.—Stock of burger , $10,287,040 $12,441,647 $23,442,763 $28,186,072 Sales 1952 $36,450,756 business—— per (net Judge Avenue wells 1522. 1' « Oil & National 1,197,836 dividends In common Lester The Off— Industrial the tax ''' one The equal versus p. of all 1990. p. 176—have of half were outstanding, to committed for deposit or date. 1953 investment per company tional its current fiscal period respect 2,438,550 common capital by The , 616. Spiegel, Inc. (& Subs.)—March Sales —V. Southern rett Herrick & Co. Inc. on $1.50 deposited in Tide Water Associated Oil Co.—New Wells— for $752,976 of announced previously exchange company Higher— the for last the 745,625 common shares '■ 200,000 stock all and time. the (& Subs.)—Earnings— preferred •- holders is the remainder of the year Corp.—Earnings consolidated 28, '■ " Texas Mar. 31,'54 Dec. 31,'53 ' . that make $1,240,714 per Federal tion net will stock common 1954, in accordance Textron Incorporated, Third Avenue Transit Corp.—Distribution were last period same 28 ' with As of— Co. of 31— common l'/8, ■'I.' exceeding expectations," he added.—V. 179, p. 208. previous the Co. dividends value quarter corporation year. of as will common retained of Working In 1270. p. months nine 800 today, April 19, prospectus supplemented, as income Shareholders' In Texas the tax and profit tura 8,884,031 in termination Dec. for Common Number 48,004,537 5.555,405 income operating the for that noted would tries last month, are the six after the during the spring months, always best for the company's products, will be accelerated by a number of large building projects. "In addition, sales of Holiday Hill Stone, introduced by Texas Indus¬ 1954—2 Mos.—1953 24,549,436 operating taxes Net with ending May 30 exceed those of the first three quarters combined," he said. Rogers attributed the prospective earnings increase to the likelihood $72,268,198 taxes— Income taxes as fourth the business profit Earnings notification of 800 Co. $36,747,012 Book after Rogers bright. in Woolen American of 1954, the before Net that demand $39,094,585 $35,656,676 $78,368,873 „_ Net letter a compared with $198,504 for Ralph B. Rogers, President, announced. Co.—Earnings— 1954—Month—1953 Period End. Feb. 28— Operating Other filed g 1,900 i Parvin_ & 4,600 withdrawn Ended Provision 1616. 1822. Earnings $9,751,434 $14,812,872 4,667,755 6,541,489 $7,087,258 i3,356,203 Southwestern Bell Telephone Federal $44,757,615 29,944,743 1206. p. to pay for expansion.—V. 179, p. Texas Industries, Inc.—Earnings Off—Outlook Bright - railway income-- operations ry. April on 2,300 Co. 1,500 Hart Eddleman-Pollok 4,600 of close 1, are —V. Railway oper. revenue.. Net corporation & Co, depositary agent under the offer Is Providence, R. I.—V. 179, p. 1616. Profit Net 1954—2 Mos—1953 1954—Month—1953 & sales Net covering an undetermined number of shares of common stock (par $5) which are to be offered for subscription by employees up to 5% of his annual earnings rate under a stock purchase plan.— p. Kaiser Austin, reserved Thermoid SEC 178, Lukens and Hague Noble of Common The Smith, 1, 1966. proceeds are to be used 3,100 3,100 3,100 2,300 Mullaney, Wells & Co Corp. Incorporated before or Yeaf Ry.—Earnings— Southern the March The 1704. Notes Placed Privately —• Son—__ Co.—i & Robinson Co., share right TelAutograph Corp.—Files With SEC— V. Period End. Feb. 28— each at on April 12 announced that it has placed pri¬ vately through1 F. Eberstadt & Co. Inc. an issue of $2,500,000 5V4% capital notes, series A (subordinated), 1,727,008 $2.17 ——- for the Textron American Machine Co. above.—V. 170, (James) 3,100 Hilliard & B. 1616..,'-' p. with Bank $3,754,623 1,727,008 ._ 8c 3,100 Hibbs J. J. Pan- Cleveland terminate company on Net B. Inc._ 5,800 American Woolen Co. Sec H. 8c B. Michigan Corp Nolan-W. 3,100 3,100 3,100 Mitchum, Tully & Co ____________ 179, of Co., 5,800 4,600 extensions Susquehanna Mills, Inc.—Merger 1953 1952. $19,961,409 $18,840,717 14,419,997 12,884,950 1,590,045 1,541,144 350,000 660.000 3,1— income Operating charges Other Up—Net Off— & 5,800 ; Evans 4,600 , First Gardner A. 4,600 M. 13,200 7,400 <fe 4,600 offer to exchange $5 in cash, 1/5 share of its 4% preferred stock, series B ($100 par value) and l/j> share of its common ' as - 4,600 13,200 Co. & 4,600 First C ■ Co & Textron Incorporated—Terminates Offer— three 1964. known • Richards Byllesby & Co. (Inc.) Dempsey-Tegeler & Co Co._ Robertson —V. ' Southern Shares Hill Irving Lundborg & Co.__^_ Prescott, Shepard & Co. Inc. Stern, Frank, Meyer & Fox & Company The . severally respective number of shares forth below: 20,000 v__ Jackson Marks Inc. , Outstanding have 37,200 Dodge & Co Clement 1373. p. & 5,905,000 shs. below 13,200 Reinholdt proceeds are to be used to reduce bank loans. 179, Power This corporation's converted be may Texas 37,200 Inc. preferred until stock common net This 927. p. share and Shares %*• Fulton, Reid & Co. ' Valu shares of re¬ PRESENT FINANCING' named the company set Pierce, Fen- Schwabacher & Hopwood, and Woodard-Elwood & Co. Each income operating after 1954—2 Mos—1953 1954—Month—1953 Period End. Feb. 28— Operating , Co. 40.000,000 shs. 18 eastern states and the District *'• Bosworth, Sullivan 8c Co., Minn.—Preferred Stock shares of 5.40% cumulative preferred stock, series of 1954 (par $50) was publicly offered on April 9 at $53.50 per share and ac¬ crued dividends by J. M. Dain & Go.; Piper, Jaffray & will the purchasers coast Co.—Earnings— Service of revenues —The Beane Laurence Stores, Inc., Hopkins, Offered—An issue of 12,000 stock minor subsidiaries. (no par)__ Webber, Dewar, Super the share. Eastman, Dillon & Co White, Weld & Co 2201. p. of holding company which owns approxi¬ of Dallas Power & Light Co. and all Texas Curtis marketing area of sale Authorized stock r high Columbia.—V. Corp, $48.11 (jointly), $47,759, stock to purchase from the Clark, of of as common Merrill Lynch, operation anti-knock gasoline engineered to equal or surpass premium-priced fuels in performance but to sell at regular gasoline prices was announced on April 12 by this company. The new gasoline is available now at all Sunoco stations throughout fi¬ stocks Kidder, Peabody & Co months.- new Securities corporate purposes. a of additional common stock Announces New Anti-Knock Gas— A is the common UNDERWRITERS , the expected are the , engineering and construction by catalytic cracking unit with an estimated Houdriflow a from _ and construction of two important facilities at Marcus Hook, Pa., have Construction Co. Catalytic proceeds CAPITALIZATION GIVING EFFECT TO company's contracts new of common $3.33 per the at Union share. per operating subsidiaries in 1953 totaled $109,028,763 and net income waS $23,117,122. Net equity or Texas Utilities in subsidiary net income amounted to $19,977,893 in 1953 and net income of the parent for the year was $18,807,622 or ■ at net EARNINGS—Consolidated ponents for high-grade motor fuel and aviation gasoline. ; • T. Ellwood Webster, President of Catalytic, said that work on the two new Contracts at Marctis Hook will get underway immediately the Southern New England Telephone par) group a treasury to supply further short-term capital subsidiaries, to make further investments in their of Light Co., as well capacity of about 27,00 barrels per day, and the construction of an 18,000 barrels-pcr-day Houdriformer catalytic unit to produce com¬ expired used (no by company's engineering this Catalytic company's 1954 construction program.—V. 179, V/:;'/. v of 1375. the to The common stock to its of business on March close Subscription, warrants V .'v the sale the from part a the at for additions been shares of 114,166 offer. :;v -VU: VVy, contained was Proceeds nance of shares seven April 8, 1954. p. the stockholders on of ;-S:" Contracts new share on the basis of one additional share for common stock then held. No over-subscription per share per were: $47,545 stocks and for other Common shares subscriptions to 105,110 record of stockholders privilege annual meeting , record of To Increase Facilities 92.07% subscription, leaving 9,056 offered had company 1954 at $25.25 24, at the made be meeting.-; or common will Stockholders 7.93%, to be purchased by the underwriting group managed by Smith, Barney & Co. shares, value, 8,000,000. set are stock common $50 stock Corp. 6USINESS-—Company 20. As of Dec. 31, 1953 there were 7,648,510 stock' outstanding. The number of shares company on April $ an¬ stock offering to common recent the requirements additional par April 800,000 Subscriptions^TKis Stock plenish increase the capital stock of this company to provide 2,000,000 shares of common stock, without nominal to Boston PROCEEDS—The $365,178 Co*—'To Increase Capitalization— Oil proposal an or 1,250,000 1,200,000 — — Marks Laurence nounced A $2,750,000 2,000.000 l- Higginson Corp Lee —i——; 406. p. _ them of at Lehman Brothers and Bear, Stearns & Co. First mately 98% and the respective purchased by be 14 , Offered—Public DIVIDENDS—On Jan. 4 and April 1, quarterly dividends of 52 cents the outstanding common stock. v/- Equitable of to bonds new below: forth April on Stock per share were paid on 1953 % 1954 :___$430,360 ended Feb. 28— The common 85,895 shs. • 179, Sun : 1,560,000 shs. the purchasers, of names Co.—Common Other bids received for the income —V. 913,333 shs. forth !h the mortgage securing such set as UNDERWRITERS—The Net for bonds. made per share; Wells Corp.—Earnings Higher---- months Three 460,000 shs. ($100 par value) 4.8 % preferred stock Common stock (without par value)— stock, cum. $1,124,335 1206. p. and 3,000,000 8,000,000 1949 179, Struthers 1981—— 1984 __ due 1979—— 1949 due 1979 of series —V. $1,000,000 3,000,000 7,500,000 1978 series 3% ( by Kidder, Peabody & Co. and Merrill Lynch, Pierce,'Fenner & Beane. The group won award of this issue on April 13 on a bid of $49,028 per share. v- : 1QRJ* $1,008,086 Sales—--iw——_^_—-4—-—. TO PRESENT FINANCING Authorized Outstanding EFFECT CAPITALIZATION, GIVING •tqc4 Month of March— in 58 electric service within Indiana population of 220,000. supplies Utilities offering of 250,000 shares 1615. 179, p. Sterchi Bros. Stores, Inc.- -March Sales Lower— of permanent BUSINESS—Company The , was to stockholders will provide the funds required for construction or acquisition of improvements, extensions and additions to its property, to reimburse its treasury in part for expenditures made for such purposes and to provide for payment at or prior to maturity, of temporary bank loans which on March* 31, 1954 amounted to $6,000,000. portion a per share through L. D. Sherman & Co., New York. to be Used' for general corporate purposes, net proceeds are headed jointly offer of additional common stock recent a company ,at 5° cents sale of the bonds and from net proceeds from the Exchange Commission— on April 7 filed a letter of notification with the SEC covering 599,000 shares of common Stock (par 10 cents) to be onered * PROCEEDS—The Securities and The to'the Export' fmport Bank of-'Washington. \ 4 redemption on May 15, 1954 all of its 5Vz% The 105.47% ranging from 402.461 to 100. prices from range bonds in the of 11 has called for company $2,250,000 .. . $1,700,000 the originally The 101.751; Inc., (jointly), issued 101.939; Corp., Co. & Blair, 102.05; -Union 102.107: Kidddr,' Peabbdy 8c Co., The First Boston Corp., 101.899; Halsey and White Weld & Co. and Shields & Inc., Co. & Securities of proceeds of the issue, the company has retired its $10,000,000 first mortgage bonds consisting of $4,300,000 series A-l 4% bonds Issued originally to the Reconstruction Finance Corporation, and $5,000,060 series B- 4VSa% bonds and $700,000 series C 4V2% bonds Kuhn, coupon, were received as follows: Bros. & Hutzler (jointly), 102.111; 3Vs% a of (1727) inclusive. 1966 Out Salomon and Co & Stuart all for bids, Rollins Co. retirement bid of 102.13%. a on April 13 The group won award of the bonds on turity. Financial Chronicle value.—V. 179', p. 137$. " ' ' " * Net income Preferred Common —V. 179, dividends — — dividends 7_^_. p. 1616. '• — —" — 1,235,500 ■= « 12 The Commercial (1728) Net value share $'25.21 $27.85' — assets of $190,780,087 as of March investment Net common per 1954, are the 31, highest ever reported. . At the end of the quarter, the company had assets of $9,682 for each SI 000 of debentures outstanding and $386 for each share of preferred ^ 179, stock.—V. 1523. p. ^ received authorization SEC and issue to changed was in The petitive sell at competitive bidding $12,000,000 of first mortgage bonds series P. Net proceeds are to be used for property additions and improvements. —V. 179, p. 1616. company bidding, additional by stockholders being issue and for issue such Texas West Utilities Co.—Preferred shares September, 1953, to Tyler Refrigerator Corp.—V. 177, p. 985. being are shares the bonds at com¬ underwriting, offered Proceeds improvements, (F. W.) for to are the subscription be for used approximately $38,000,000 1954.—V. 179, p. 1523. during Woolworth Co.—March Sales Decreased— Period End. March 31— 1954—Month—1953 $ Sales —V. 179, publicly on April 12 by a group Harriman, Ripley & Co., Inc. The shares be¬ ing offered by the underwriters are priced at $105 per 19541954—3 Mos.—1953 s 50,426,687 $ 52,413,457 $ 139,266,607 144,218,146 1206. p. offered were be basis. purpose sell without to Offered— Stock offered share for share in exchange cumulative preferred stock and 12,630 for outstanding $6 and sell, stock; one-for-ten a Monday, April 19, 1954 ... and common additions required to of on to proposes and shares property, This company is issuing 60,000 shares of 4.40% cumula¬ tive preferred stock ($100 par value), of which 47,370 x corporation this of name has company „no Tyler Fixture Corp.—Name Changed— The This Dec. 31, '53 Mar. 31. '54 asset posal. West Penn Power Co.—Bond Financing Approved— Tri-Continental Corp.—Asset Value Higher— As of_ Financial Chronicle and headed by Tyler Refrigerator Corp.—New NameSee above. Corp. Fixture Tyler - share. . The underwriters competitive bidding 1954—Month—1953 Period Enu. Feb. 28— Railway expenses. oper. Shareholders 1954—2 Mos—1953 $34,752,831 $38,057,453 $71,823,784 $77,908,422 27,402,124 29,507,042 57,546,779 63,773,395 be entitled ference from rev. $7,350,707 1,474.902 income oper. ry. $8,550,411 $14,277,005 $17,135,027 1,711,608 2,455,042 3,253,845 derwriters for plans to receive bids up to noon (EDT) on April 28 (not previously announced) in Room 2033, Two Rector Street, New York, N. Y., for the purchase from it of $15,000,000 first mortgage bonds due May 1, 1984. —V. 179, p. 1376. May 19 as Line This SEC Fund on Fund, Inc., N. Y.—Registers With SEC— March 30 filed registration a with statement covering 400,000 shares of its capital stock.—V.- 179, ferred public the This SEC Fund on 24, of covering 2,600,000 30 shares registration a retail to its of capital stock.—V. to This corporation of Plans U. S. Army, the New be CAPITALIZATION 179, 928. p.. York District which is acting for the Depart¬ Agriculture. now complete and construction is expected to start in 3 '/a % A, Series B. 3%, C, added Preferred due due Aug. March due several million dollars.—V. ($100 stock 178, tissued for under which as $2 Number common a loan $747,394 15,593 8,888 $6,705 59,520 Earnings —V. p. cum. 5,000,000 1981 8,000,000 378,560 $0.11 preferred otsck_ 928. 1,400,000 shs. of names the Dec. 1, 1954, providing purchasers Inc. Sales —'V. 1954—Month—1953 $14,643,291 179, p. Baker, Watts & Co 12.75 First of Michigan Corp 2.50 10.00 Jackson Hayden, Miller & Co 2.50 10.00 — Stein & & Boyce Cruttenden & Co._ Co Scott & 1.60 Hallowell, Sulzberger & Co. Scott, Horner & Mason, Inc. Sterne, Agee & Leach—____ Eppler, Guerin & Turner— 1.20 4.10 B. 0.80 Smithers Baird also V. 4.10 Co. & & Co., 179, p. Inc. 3.30 1616. Western Auto Supply Co. Period End. March 31— —' 179, p. W. Pizzini & Co., 1.20 1.20 0.80 Inc.— (Mo.)—Sales Off— 1954—Month—1953 $11,861,000 Net net asset assets value 179, p. Dec. 31,'53 $3,707,468 $15.24 $14.21 share for to Winn Lovett & Grocery Period End. April 3— Co.—Sales Up 1523. This to 1954—4 Wks.—1953 company filed 1954, covering 13, be offejred Stock to The company covering share) 7,000 on April 12 filed shares of common a letter of notification stock to be offered at to with par shareholders, without underwriting. The proceeds used to repay demand note and for working capital. SEC the I$5 are per to be for Purchase registration a 30,418 sale to Plan.—V. Wisconsin Electric The SEC The shares of $10 SEC request conditioned the of air purchase round out its conditioning of its plants at Plainfield, the L. facilities N. Mueller J., and Holyoke, an Co., year-round of resi¬ and improvements Mass. — redemption prices on the debentures range from 102V2 in 12 months commencing April 1, 1954 to 100 after March 31, 1971. sinking fund is calculated to retire 100% of the issue by maturity par. " PROCEEDS—The retire in $3,345,000 1960 and company 179, p. a has hearing par given upon 7 of filed first the bond proceeds to repay from this of its $1 employees with par the SEC common under an on and has World on of increased War II, $9,000,000 have been January, share a registration mortgage statement bonds, due with the 1984, and materially through paid and until common April stock 23, 1954, financing the sales for pay and for its working-capital Since requirements. the at In on rate January, the stock common of cents 25 1954, the of share a corporation quarterly dividend extra an of 25 since cents a in the allied fields air of conditioning and York Corp. is successor to a business founded in 1885. ended Sept. 30, 1953, the company had consolidated $82,700,000. of which approximately 60% Was derived from fiscal of year the manufacture and sale of air conditioning equipment and systenis. Approximately 20% of the latest fiscal year's volume was derived from refrigeration and ice making equipment. The balance of sales stemmed from accessory equipment and services as well as products for the Atomic Energy Commission and military services. Net income for the Sept. 30, 1953 fiscal year amounted to $2,740,000. CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING Authorized sinking fund debentures due "Of sion cumulative, $18,000,000 1974 $18,000,000 con¬ ($50 par valuel__ stock which of 4'/2% Outstanding ($1 138,857 shs. par)—. 307,455 138,355 "2,500,000 shs. shares at April 7, 1954 conver¬ preferred stock. amounts of the Central Peabody & Co._ 3, 050,000 Co.', & severally principal debentures: The First Boston Corp._$3, 050,000 Inc.------ Republic Co. (Inc.) 900.000 E. 900,000 W. Eastman, Dillon & Co. 900,000 Goldman, Sachs & Co.— Lazard $200,000 Lee Drexel & Co & Freres Smith, Paine, Stroud Co., Allyn & Son Co., 200,000 Inc.— 500,000 Laurence Tucker, 200,000 G. 200,000 Yarnall, 200,000 Janney & Co & & Co 100,000 Alex. Brown & Sons— 100,000 : ' — Marks M. Co. Inc. 200,000 Co & 900,000 — The & Freeman 500,000 Newbold's H. >. 200,000 Co. & Wertheim Weeks 200,000 Jackson Webber, Reynolds 900,000 & Curtis 900,000 & Co.. & 200,000 200,000 200,000 900,000 —_ Weld Co Higginson Corp F. S. Moseley & Co.— & __ Corp. C. & Langley 900,000 & Co.—_ Barney C. Co.— Pierce, Beane & Clark W. 900,000 £o Lynch. Fenner Co. & 100,000 — H. Anthony & Co. 100,000 Walker & Cq Biddle & 100,000 Co.— 100,000 underwriters named below have severally agreed to purchase following respective numbers of shares of common stock: from York the 1 Shares Shares The First Boston Corp 24,500 Lester, Ryons Kidder, 24,500 Piper. Jaffray Peabody & Co.. Blyth & Drexel Inc.—t—_ Co., & Co & & 1,500 1,500 Rauscher, Pierce & Co. Inc. 7,500 Hopwood 1,500 1,500 Co.——7,500 Reinholdt Eastman, Dillon & Co 7,500 Singer, Deane & Scribner Goldman. Sachs & Co.__ 7,500 Stein Co.——„ 7,500 Lazard Freres Merrill & ner & Beane Stone & Webster Corp. White, 7,500 Securities Boettcher Crowell, Newbold's Son & Co. 4.500 Dewar, Allyn & Co.. Inc.—— 3,500 Alex. Brown & Sops— Central W. 3,500 Republic Co. (Inc. ) Clark Co & 3,500 3,500 1,000 Co.__ — Sullivan & Claybaugh & Co.— Weeden Robertson coast Co & & A. Evans & 1,000 Pan- J ———„; Clement 1,000 1,000 Co., Inc. 1,000 First Southwest Co.—— 1,000 .Langley & Co 3.500 Lee Higginson Corporation3,500 F. S. Moseley & Co !___3,500 Fulton, 1,000 Paine, Jenks, W. C. Webber. Curtis •$qvm€»s - 1,000 Co., 1,000 Blair F. W. E. & T Inc. 7.500 4,500 A. C. 1.5QO Boyce—:— Boenning & Co Hornblower & Weeks—— H. & - Bosworth, 7,500 Weld & Co.— Bros. Gardner . 7,500 Smith, Barney & Co.—. & 1.500 Battles & Co., Inc. 1,000 Bioren & Co.—1,000 Lynch, Pierce, Fen¬ Ar shs.1 1,218,503 shs. - reserved for were UNDERWRITERS—The underwriters named below have agreed to jjurchase from York the following respective W. Wo, to facilities, 1955. BUSINESS—Pioneer In to pro- loans; and paid. refrigeration, Merrill persons bank plant company has expended approximately $12,000,000 and equipment and contemplates further expenditures 1952. was Kidder, Co.—Registers With SEC— in the facilities new stock, Employee 1616. financing will be used to sinking fund bonds due first mortgage $5,000,000 A sharp growth in sales volume during the past 18 months has placed rapidly increasing demands on York's manufacturing facilities Common common' stock. interested net in outstanding 1963; $10,500,000 in contemplated expansion of general corporate purposes. A. '(■ on Corp. — Securities Offered Banking groups jointly by The First Boston Corp. and Kidder, Peabody & Co. on April 14 publicly offered $18,000,000 of 3%% sinking fund debentures, due April 1, 1974, at 99% and accrued interest and 220,000 shares of common stock ($1 par value) at $26.87V2 per share. Hornblower ' concluded Furnace producing York White, r room headed ties . show a equipment; J. for and made additions Stone & Webster Securi¬ • throughout addition to air conditioning and refrigeration equipment, which Worthington's second largest product line, the 114-year-old corpora¬ tion produces an extensive line of pumps and a wide range of other industrial equipment and machinery.—V. 179, p. 1616. 1954—40 Wks.—1953 statement shares Power on April $20,000,000 company covering 421,492 air In Blyth Ware Industries, Inc., Ware, Mass.—Files With SEC— April 12, to completed building, is vertible 10.19%— $19,018,416 $17,260,168 $174,212,023 $156,567,785 April is headquarters effective recently equipment. dential air conditioning systems; 1954—3 Mos.—1953 Registers With Securities and Exchange Commission— $3,983,481 per manufacture agreement Milwaukee 3%% Sales Mar. 3l.'54 design, executive offices The $12,511,000 $34,855,000 $36,818,000 1206. I Total the for 1.60 Stringfellow 4.10 $14,533,057 $42,689,817 $43,332,798 in station City export is in keeping with Worthington's policy of expan¬ sion and modernization, particularly in the air conditioning field. During the past year Worthington built a new plant in Decatur, Ala., Preferred stock, 1206. modern central York New and Avenue. uptown move 2.50 Bros. F. Wall Street Investing Corp.—Assets Show Gain— —V. and its sales Park 99 DIVIDENDS—Dividends 2.50 Bacon, Whipple & Co Baker, Weeks & Co 1954—3 Mos.—1953 As pf— The % 15.00 Walgreen Co.—March Sales Up SlightlyPeriod End. March 31— clad Worthington at 1.60 —V. at Optional Stix & Co. Sales moved district Worthington will occupy the entire 20th floor, plus the ground floor adjacent to the main entrance. 60,000 shs. 10.00 & See by A 6.65 S. York quarters the due 59,520 $0.17 shares share of $2 per 179, : 1978— commitment Inc Webber, Drexel 378,560 preferred shares- $17,522,000 1, 3V-i'/<, Curtis 1953 13,139 profit Outstanding 1973— 1,^00,000 shs. C. Robert W. Net Number FINANCING % 23,462 , taxes company. of the unexchanged and the additional stock and the percentage of said stock each purchaser has agreed to purchase from the company follows: stock 1954 taxes— for PRESENT expiring borrowings of $5,500,000. maximum $10,323 before the value) par UNDERWRITERS—The $743,510 Profit Provision of indenture Paine, Bond, Inc.—Earnings Increased— Sales TO $101 (par Allyn & Co., Inc Glore, Forgan & Co Waitt & funds securing the company's bonds contains no limitation the aggregate principal amount of bonds which may be outstanding. on A. Quarter Ended March 31— general stock, cumulative— series Common Blyth & Co., total this pre¬ 3,850,000 including will the EFFECT 1, the 2620. by 1, Nov. banks, to Harriman Ripley & Co., construction, to GIVING near| furture. Total cost of the laboratory and accompanying facilities, p. used cumulative $6 1955 19, ♦The J 3%'/;, payable May are are be will of mortgage bonds— Series the America—Designs Plum Island Project the Corps of Engineers, offering retirement is not exchanged for new preferred and for pay¬ adjustment to those who do accept the offer, and will New 49 company has Responsibility for the construction is held by ment and Authorized completed the design and engineering of the Animal Disease Laboratory soon to be constructed by the Agricultural Research Service, Department of Agriculture, on Plum Island off the eastern tip of Suffolk County, N. Y., according to an announcement by J. Carlton Ward, Jr., President. of the 15 4.40% Vitro Corp. of cash of 98,145 customers in 168 communities and adjacent rural counties in Texas and supplies electric energy at whole¬ rural electric cooperatives. Total electric revenues of the for the year 1953 were $15,452,662. in areas the with statement proceeds redemption which the remainder tNotes filed net BUSINESS—Company Is a public utility engaged in generating, pur¬ chasing, transmitting, distributing and selling electric service at Fund, Inc., N. Y.—Registers With Exchange Commission— March the stock ment Line Income and will cumulative for company Series Value will dif¬ price of the new pre¬ redemption price plus accrued be purchased by the un¬ the 928. p. expires on April 19, representing the share offering and portion and Corp.—Moves Executive Headquarters— corporation aluminum which per public dividends May on 4.40% "First Securities initial offer $5.24 This larger offering. The company proposes to call for all of the old preferred stock not exchanged. preferred stock is redeemable at prices ranging from $109 per share to $107 per share plus accrued dividends. redemption sale Value the cash Worthington at bid of $105 per share, less ag¬ a unsubscribed PROCEEDS—The Utah Power & Light Co.—Bids April 28—The company in the accrued The The 1272. 179, p. and accept receive dividends. railway operations Net —V. who to between ferred, Net issue gregate compensation of $135,000. Union Pacific RR.—EarningsRailway oper. revenue.. on the awarded were Jackson & 3,500 Reynolds & Co 3,500 Stroud & Company, Inc. Wertheim & Co.. L_ 3,500 3.500 Reid Howard, & Weil, Co.——_ Labouisse, Friedrichs and Co.— 1,000 & Grubbs Edward D. Jones and Co.— l,00o Irving Lungborg & Co.— Mason-Hagan Inc.—_ Newburger & Co.„ 1,000 Kirkland — Janney & Co Laurence — Marks M. 2.000 Co. 2.000 Tucker, Anthony & Co.-—- Pacific Northwest Co.— . 2.000 G. H. Walker Yarnall, Bacon, & & Co Biddle & Co Parrish & Co Whipple & Co.—1.500 Thomas & Co 1.500 Westheimer Blunt 1,500 Woodcock, Hess Ellis & Simmons Butcher & Sherrerd Courts & DeHaven Crouter & Bodine —V. 179, p. —v & Co. Inc. 1.500 Arthur L. Wright <fc Co., Inc. Wurts, Dulles Townsend, 1616. — 1,500 1,000 1,000 1,000" 1,000 1,000 Co.1,000 1,500.. - Co & <fe 1,000 1,000 1,000 .--Rotan. Mosle and Cooper 2,000-~ 1 Rous^, Brewer «fc Becker.__ 2,000 Stifel, Niccteus <Sr Co. Inc. Robert W. Baird & Co.. Iric. 1,000 & Co.— Warren W. York & Co., Inc. 1,000 1,000 1 000- 1,000 Volume 179 Number 5317...The Commercial and Financial Chronicle (1729) Stock Record «» New York Stock DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES Range for Previous 39% Sep 22 Jun 25 8% Sep 3% Sep 14 20 Range Since Jan. 1 Lowest Highest 99 47% Jan 112 106 29 Dec 31 26% Jan 14 35% Jan 2 497b Apr 112 7 8 Apr 11 7b Jan 19 7 74 Feb 2 20% Jan 2274 Apr 13 27% Jan 32 Mar 12 Feb 36% Feb 25 24 % Jan 29 Jun 16 59% Jan 27 58 Jan 18% Dec 31 32% Jan 6 19 Jan 70% Apr 13 217a Mar 3 48 29 7% Sep 49% Sep 22% Oct 14 8 29% Jan 8 101 Oct 15 114% Jan 5 150 Jun 3 10% Mar 52 3 2 Sep 11 17 Sep 160 15 Nov 7% Jan 6 10 49 10 978 Apr 22% Mar 2 507b Apr Mar 25 Feb 3 107 Jan ABC 155% Feb 3 Apr 15 14 2% Jan 4 31 20% Jan Feb 374 Mar 25 287b Apr 4 9 Vending Acme Steel Adams Adams-Mlllis $3 Air 3 74 Aug 10 Feb 27 72 Jan 4 14 130 Sep 15 152 78 Oct 9 81 Aug 24 25% Sep 15 39 Jan 6 2874 Jan 1 104 Feb 4 98 91 Sep 87% Sep 8% Oct Jan 6 98 18 May 10% Mar 6 8 81 12 37a Jan 5% Mar 25 Sep 146 Jan 80 Jan Jan 157 12 89 6 Feb 72 Feb 35 74 4 Aldens Inc 92% Mar 11 97 47t% 57.% 9 Apr 8 1 Mar 31 Gold "when Corp 14.375 cum Mining Sep 15 76% Jan 72% Jan 17 Dec 29 22 Mar 25 16 Mar 187a Jan 24% Oct 28 33 Jan 8 26 Jan 30 Mar 5 Allied 21 40% Jan 3 37% Jan 44 Mar 11 Allied Sep 22 41% Oct 14 86 Oct 8 94 118% Jan 4 90 Jan 457a Jan 5 Allied Chemical & 20 Allied Kid 1037b Mar Industries 5974 Apr Aluminium 1 % Jan 16% Jun 29 19% Mar 18 148% Oct 14 189% Jan 65% Nov 2 75% Jan 11% Dec 31 15% Jan 8 11% Jan . 70% Dec 29 84% Feb 26% Sep 15 83% Aug 20 14% Nov 5 60 Jun 99 Nov Sep 12 Jan 19572 Mar 63 Mar Amerada 797b Feb 8 372% 8 29 Feb 1 101 17 2 1674 Jan Feb 98 18 Apr 13 217a Apr 6 Jan 6 56 Jan 60 Feb 5 12% Jan 29 9 Jan 10 7b Feb 3 47 Feb 26 37% Jan 44 Apr 40% Jan 27 3574 Jan 41 Mar 15 103% Feb 20 97% Jan 10474 Mar 15 5 472 7c 2nd 47c 15 16 Feb 11 3% Sep 15 31% Feb 9 15% Mar 19 14% Jan 15% Mar 20 11 16% Jun 6% May 40 1 Nov 27 9 17 Apr 187a Apr 12 4 15 4% Jan 57b Mar 11 3574 Feb 23 417/b Apr 17 2 3% 3% 37a 3% 27% 287b 27% 28% 95 94 96 *95 96 *95 974 "'9% 9% 8574 86% 8472 85% 100 1 com Co Ctfs Inc preferred In & Radio Co 92 28% Sep 15 6% Jun 26 Oct 12% Nov 8 39% Jan 30 31% Jan 2 8 20 17% Feb 4 Feb 19 11 18 35 Dec 48 Jan 9 2% Dec 36% Jun 3 Aug 5% Mar 25 15 6% Jan 86 23 Jan 57 3 Jan 11 26 Jan 28 8% Dec 9 16% Sep 21% Sep 15 94 6 15 77b Apr Gas Distilling 16 25% Mar 18 237b Jan 12 25 104% Dec 4 1007a Jan 19 23 187a Mar 26 12 7b Jan 4 83% Dec 31 1007b Mar 17 85 74 Jan 18 247b Mar 16 217b Feb 24 12 86'/a Dec 12 15% Mar 18 6 19% Sep 79% Jan 106 74 Apr 8472 Jan Mar 18 96 2772 Apr Mar 92 9 1 SS Home noncuniulutive 57* 7c Locomotive 190 1907a 61 617a 900 12% 12% 12% 17,700 *7672 7772 77 78 78% 78 74 76% 77% 1,800 29 2,500 2074 5774 58% 10 10 1774 Jan 21% Mar 18 Apr 13 Amer 10072 Jan Feb 24 472% 13% Sep 15 187a Feb 2 17% Jan 27 American Feb 23 572% Jun~22 Dec 3934 Jan 2074 Apr 15 24 . Molasses American 32 74 Jan 4 36% Jan 26 30 3472 Jan 7 43% Apr 13 157a Feb 4 137b Jan 4 1874 Apr 15 11 Jan 175 74 Mar 12 16% 1774 *16 7a 17 18 *17% 17% 1 5% 572 57a 40% 39% 4078 4674 *46 7a 24 134 14 16% July 30 161% Jan 5 12 Apr 152% Jun 10 69 % Dec 23 128% Dec 24 35% Oct 22 111% Dec 9 Jun 4 Feb 19 77% Aug 3 143% Oct 27 60% Jan 119 5 7 10% Feb 9 Jan 2 377/b Feb 4 15 5 487a Feb 23 50 Jan 4 5774 Apr 1 1121% Jan 8 133 74 Mar 4 107B Feb 25 Jan Jan 67 69 4 16572 Mar 12 4 5774 Feb 14 15 65% Jan 28 1267b Jan 14 13872 Feb 10 31 7b Apr 15 3774 Feb 15 113% Jan 12072 Mar 4 Jan 22 17 5 10% Mar 25% Feb 13% Sep 26 •307b Feb 44% Jan 156 2672 Feb 2072 Apr 10 10 27% Jan 2 15 % Jan 4 Sep 11 Sep 11 94% Dec 17 77% Apr 14 93 89% Dec 17 70 Apr 14 5 127b Jan 4 14 Sep 21 29 Dec 43% Sep 97 Jan 6 29 45% Feb 26 15 57 Jan 30 3174 Dec 9 5 94 Jun 25 32 Nov 25 1067a Mar 40% Sep 15 Foj 45 5 5774 May footnotes Jan see 8 pave 28 8072 Apr 14 4 36% Apr 13 457a Jan 4 5072 Apr 30 Jan 5 35% Mar 10 100 Jan 6 3374 Jan 12 106 7 Feb 8 397a Apr 15 52 74 Mar 29 4 / 30% 52% 52% 52 % 22% 22 22% 22% 267a 26 26 26 267a 26 26% 92% 92 92 *92 92% *92 92% 10 47% 48% 21,100 133 74 133 74 100 10 6 10 26 *92 47% *131 *40 48% 137 40% 8% 97a *2872 307a 14% 15 47% *130 x40 14% 40 41 974 14% 48 % 137 *40 9 74 29% 14% 974 9 307a *29 *29 14% 14% 40 400 9 2,100 5,800 14% 1072 1074 10 7b 10% 10% 1074 10% STOCK 20,500 36% 37 36% 36% 36 36% EXCHANGE 27,200 64 7a 66 65 65% p6 3 6674 3 3% *29 % 487a 49 48% 7% 7% *95 97 *1972 20 24% 25 106 74 10674 1 14% 1574 *7% *96 3 7b *3 30 49 7a 497b 8% *7% *96 97 19% 25 25 105 7a 24% 105 72 15 106 157a 3 Va 30 *29 Va 49% 49% 87a *7% *96 97 20% 20 64% 3% *29 7b 207a 20 24% 24% *106 106 14% 15 14% 5174 24% 14% 92 92 92 92 27% 26% 277a 26% 26% 25% 26% 887a *8772 7a *8772 88 72 *87 7a 20% 207a 257a 107 17 17 20% 20% 20% 25% 207b 20% 27 26% 105 105 *104 7a 207a 19% 25% 26% *104 7a 105 16% 17 17 17 *20% 21 20% 20% 200 88 , 900 1,500 1,660 107 92 74 25 5,700 8% 2074 2674 *105 FRIDAY 97 9274 No par No par 600 GOOD *8772 *92 3,400 3 74 7 88 92% CLOSED 66 30 100 2 800 30% 36% 30 20 600 1,500 10% 1 com 1,000 „ 3674 *29 7b No par 47 % *130 40 72 9 29% 50 1 487a 137 7a 4,900 400 19,300 7a 20 26% 105 1,200 16,000 20 16% 16% 2,600 *20% 20% 300 34 72 34% 35 34% 35% 41% 43 7a 42 7a 43% 42% 42% 8,300 177t 177a 17% 17% 17% 18% 69,300 7% preferred -100 7% 6% Snuff Co Stores 7% No par 4774 4772 *46 7a 48 *46% 47% *46 7a No par 100 35% 35% 35% 36 35 74 35% 34% 25 preferred—100 Corp preferred Works Co 25 100 * prior preference—No par & Smelt com S5 prior conv preferred^ Anaconda Copper Mining Anaconda Wire & Cable 1 23 |—50 No par Hocking Glass Corp— Common f4 61% No par common preferred Lead 567a 1357a com—5 series Woolen Zinc 47% 164% 100 Water conv 47% 56 72 127 74. 128 117a 25 6.23 preferred .No par Anderson Clayton & Co Anderson-Prichard Gil 21.80 Corp 10 36% 124 28% 23 com 160% 28% 100 Viscose 6% 36% *122 100 Co common preferred American Amer Tel & 160 5 Tobacco Tobacco 5% 1 100 100 Tel 6% No par preferred American *175 7% 2674 Co American 177 *175 7% 26 7a Refining com American Sumatra 177 77a 2674 American Steel Foundries American American Sugar *175 77a 26 7a common noncumulative i77 5 Co preferred American *175 *8% 10 Razor American Ship Building Co Amer Smelt & Refg com $4 Jan 4374 Jan 3074 53% 347a 7% 167b Mar 30 24. 3074 53 17% American Feb 29% 4172 Anchor 25% Aug 27 4,000 29% 35% Preferred 29% Jan 73 3174 29% 1774 American 9574 Feb 21% Jan 11% Sep 68 3,000 40% 4 120% Sep 4,200 847a • 34% 14472 Jan 26% Jan 3574 84 No par 5 24 34% 85 Amer Potash & Chem cl B—No par Rad & Std Sany common—0 15974 Jan May 12 800 35 83 Amer 13 47% Nov 46 7a 34% 827a 300 36 58 46 34 82% 4,500 4 2 46% 34 83% 5,000 277b Jan 15 467s 34 74 827a 8% 6 Sep 46% 33% 21% Jan 49 46 7« 25 100 43% 44 124% Mar 18 1,600 14,000 25,300 20% 25% Sep 5 5% 41% 43 27 Mar 31 5% 40% 8% 5074 Jan Jan 5% 40% 5% 21% 13 36 17% 43% 4272 Jan 119 17,700 17 *8 7b 30 2 16% 217a 657a Jan Mar 20 17% 307b Co Seating Feb *1674 18 22% com Gas Co Safety 36 16% 16% 177a 40 5% 39% 16 72 *17% 42% American 40% Aug 10 * 8% American 127 ,167a " 7a 42% 8 18 17, 21 % 5 21 600 8% 77b Apr 267b Apr 30 500 1,900 103 21% 4 35% Dec 102 42 7a 24 25% Sep 38 Feb 1047a 874 67b Jan 117% Dec *1017a 42% 227a Feb 16172 Mar 26 103% 21% 6 25 103 7a 8 74 30 Jun 38 217B 23 136 17,300 44 37% X42 7b 87a Jun Apr 10% 44 38 7a 1 247< Nov 14 10 7b 43% No par 1717a Feb 8 10% *38 No par 2 Jan 107b 43 % I 52% Co Co 16% July. 6 41% Dec 15 169 120 16% 20 Optical Co 397a Mar 24 58% 22% preferred News 367a Jan Jun Products Natural 5 6 Metal convertible American 16 58% 17% 1 No par com American 21 58% 16% 100 Ltd Co American 28% Sep 12% Sep 2,100 58% 537a preferred 23 29 % Jan 148 Metal Feb 8% Apr 12 2 45% Mar 772 Jan 15 .Mar 27 130 2074 58% *58 7a 100 74 20 10074 , 22% com Amer Machine & Metals 27 107 37 28% 20%. *167a 100 197b Jan 42 28% 102 207b ..5272 . 2 77a 28V4 *100 207b *227a & Fdry common preferred 9 18 28% 101 20 1 No par preferred 27 31 28% 101 5,000 .25 Mach 3.90% 197a Feb Sep~14 *42 72 100 26% Feb ~7 2874 101 207b 12.50 common 105% Feb 20% Dec 400 60 72 20 prior preferred American 8 31% Jun 13,100 2% 190% preferred—100 23 22 57% 12% 104% Products 16 Jan 27a 60 7a *103 Co 15% Sep 18% Jun 15 57% 2% 8,700 189% 100 preferred 94% Jun 19% Apr *2 7a 38% American Ice Co common 77c 2% 200 2,600 7674 12 % American International Corp_No par American Investment Co of 111 1 Amer 58 72 *2 7a 10% Corp Leather & convertible American 67c 58 57% 43 Tiling. Secur Hawaiian Hide 8 577a 2% —1 Electric & American 5 53% 272 75% 60% Export Lines Inc 40o Foreign Power—No par American Mar 58 3874 Co— 9 96 75% 10 Co European 16 20% Apr 14 257/B Mar 31 75 12% & American 9% J an 4 Jun 31 American American 15 7572 49% 60% preferred series B-100 American Encaustic 6% 75 104 No par Cyanam/d conv 11 5174 Apr 14 12% Dec 99 372 7c Feb Mar 18 76 10 Cable 37/b Feb 9 Jan 177a Jan 92 American American 31 50% *102 7a 189% Sugar com——10 preferred— 100 prior American 2 517a 102V2 7574 43 —— 6672 Apr Mar 447a Jan 20 31 Nov 227a Jan 472% 13 15 87a Jan 67 24 preferred 1074 Apr 8 377b Mar 11 13 7a Jan 3374 Jan 39% May 27 48 % Dec 29 29 26% Dec 31 2 77c 4674 Mar 16 Jan 2674 Jan May 25 27% Jun 15 15,100 50% 10274 38% American Car & Fdry common 7% preferred 9 74 Apr 2972 Apr 31 7b Jan 8% Jan 14 4874 Apr 13374 Apr 2 51% 51% 104 42% common 4 437b Mar 25 511 *102 74 300 13 Crystal 1267a Mar 200 38 _ American Jan 957a *95 16% 61 50 common 2674 Mar 26 55% Jan 95% .No par — 5 151 95% 95% 49% 28 common Interest of 57c Jan 9 3,700 49 *100 preferred 25% May 27 96% Mar 10 400 42% 16% 190 572 7c ser 21 41% Jun 28% 42% 17 12% 2 Co 117% Jun *28 7a 427a 49 10 Colortype Co 24 28 74 42% 61 common & Feb 2874 49 100 Chicle Jan *95 *16% 29 100 common American Chain 91 17 4872 No par pfd American 6 9,700 1 com American May 87% 42% 4872 «, 70 86% 86 700 190 9 90 51% 103 74 100 9% xl8872 2372 Feb 10 22 *102 95% 9,200 9% No par 23 3 50% 85 9% 347a 96 No par' 2274 Feb Sep *95 20 9% 85% 101% Corp 4872 Jan 15 33% 200 23 2774 Jan Feb *83 7a 34% *22 7a 17 56 34% 23 18 3174 Apr 8*% 357a *70 10,400 149 *22% 26 4 *147 23 Dec 4 FRIDAY 3% *2274 23% Dec 51 GOOD 77 3% *227t 34% Jan 19 19 76 3% 148 85% 34% *18 5,900 32 Sep 14 44% Apr 24 16% Jan 2 26 23 Feb *84 148 10,700 . 19 *29 7a 49% May 25 85% Mar 18 4674 Mar 10 150 90 287b 32 45% Nov 93 34% s148 3% 200 CLOSED 73 78 3% 27% 23 23 387/b Feb 85% 79 3% 3% 1 14 8 150 *77 3% 28% 28 3% 95 (The) Co 40% Apr 4 34% 3% 8,300 STOCK EXCHANGE Broadcasting-Paramount Can 4 *84 79 24 160 *297a Corp Cable Jan 37i 160 100 common-. convertible Amerlcun 7a Jan *148 No par 1 Co 1952 American 32 3% 60 Bosch 5 737a Jan 162 32 conv 15 44 79 -No par 30% Sep 72 Dec 29 *160 *29 7a Bank Note Theatres 1774 Mar 31 4 Jan 1674 Jan 12 162 9 7b Brake Shoe Co com Amer 12% Sep 13% Sep cum preferred Amer "160 *99 preferred 6% 162 400 5,700 50% IO0V2 32 Bakeries American *158 103 preferred conv American 23% *105% *29 72 Airlines American 50 Va 23% 105% 50 Petroleum 267s Mar 16 50% 237a 400 9,600 8% Chemical Amer Agricultural American *50 7a 105% No par Sugar 3 29 50% 8% * *99 preferred 3 137b Jan 707a Jan Dec 59 2 17 Jan 57 20% Feb 34% Sep 21 61 166 8% 101 Limited Amalgamated 4 29% July 6% Aug 31 35 5 6 247b Mar 29 Jan 8% 101 preferred Leather 21 102 gtd America convertible 20% 23% 100 47 2174 *100 common 3078 Apr Amalgamated 20% 106% 42% 3% Mar 24 of 70% 237a *28 7a 36 % Mar 24 ,/ 19 *50 7a 277a 70% "10572 *16% 24 6% 50% 17 30% Dec Co 3,300 31% *26 7a 71 106 1 Alpha Portland Cement Feb *50 7b 42 %' convertible 32 31% 26% *70 106 28% Aluminum 3 7b Feb 8% 42 7b 4978 Apr 35 8% 287a 7674 Apr Jan 9% *1672 9374 Jan 20 8% B 5874 Jan 54% Jan 20% No par 43% Jan 37*% .{20% common—No par 2 3,900 No par Dye 62 10 20% 27 1 52% May 25 Dec 207a No par Co 4% preferred Allls-Chalmers Mfg 9,200 22% *18 74 Inc Corp 6% 22% 317a 707a 24Va 6% 22% 26% 7072 237a 4,200 6% 227a 31% 7074 *26% 4,200 -7 400 10% 6% 27 100 Sep 14 42% Apr 23 41% Apr 21 1% Dec 29 40 317a 7 22% 27 1 A 1 527b Mar 6% 22 74 70% xuu Allen 967» Mar 2 Nov 59% Jan 10% issued". preferred Stores 87 10% 10 Mills 35% Sep 2 6 10% 0 Allegheny & West Ry 6% 62 8% Jan 10% Shares 48 10% the Week Friday Apr. 16 112 100 Ry common preferred 972 Apr 887b Apr 3 47% 111% 100 $4 prior preferred conv Alleghany Ludlum Steel Corp • 7 47% 110% 10 No par common series preferred 15 31% 477a 110% 48 1 common Alleghany 22% 317a Apr. 15 1107a 50 com —. Vicksburg Juneau 15 Mar 104 13 Inc Alaska Mar 16 474 Feb w w 1951 & 67/8 227t No par Corp Equipment Reduction Alabama 10% 47%' Sales for Thursday 1107a 1 Gas pfd 10% 48% 110 1 Corp preferred 4.50% 47% 10 Co Corp Affiliated Apr. 14 2.50 Addressograph-Multigraph Admiral SALE PRICES Wednesday Apr. 13 *109 1 Co Co Common 70 Corp Express HIGH Tuesday Apr. 13 a 100 Motors AND Monday Pmr Laboratories ACF-Brlll 26 160 104 LOW STOCK preferred 5 24 Mar 11 3% Apr 21% Dec Abbott 15 5% Jan . YORK EXCHANGE 9% Jan 6 25% Sep 23% Dec Jan NEW Highest 44% Mar 17 I Jan 10% July 3 6% Jan 23 15 FOR EVERY LISTED ISSUE STOCKS Tear 1953 Lowest Exchange 34 118% 10% 117a 164% 62% 136 159 36% 46% *122 28% 47% 467* 56 7a 5672 *56 7a 12874 127% *11% 11% 117a 164% 165% 164 74 6174 *122 28% 28% 47 46 % 56% 56% 128 12774 11% 117a 165 f 164 % 47 3,300 1,500 90 357a 16,500 1607a 710 3774 500 124 2974 6,400 46% 1,400 56% 128 11% 165 500 850 900 23,100 60% 617a 6074 1357a 135 7a 13574 13674 660 33% 31% 32% 29,200 34% 33 118% X.11774 11774 118 10% 118- 118 10% 26 2674 25% 207a 19% 19% 19 19 7a 79 79 78 74 79 777a 78 73 Va 73 7a 71 73 • 70 118 25,900 120 3,500 10% 26 19 % 61 10% 26% 10% 26 *26 7% 267a 61% x33% 1074 36% 36% 177 135,% 34% 107a 160 124 28% 1277a 135 77a 26 160% 36% 7 124 28% 774 26 74 160 16072 36% *122 77b 26 1,900 267a 900 19% 17,900 .19 78 71 71 79 71 300 640 15% 15% 15% 16 15% 16 7a 15% 15% 78% 78% 78% 79% 79% 807a *79% 80% 170 35% 36 36 36% 35 7a 36% 35% 357/a 31,300 497a 50 49% 50% 49% 507a 5074 50% 790 34% 1,400 3474 *102% 3434 104 347a *102% 34% | 104 34% 104 34% 104 V 34% *102 7a 104 7,400 20 x387a 38 Va 38 7a 387a 38% 39 39% '39% 1.800 5074 50% 50% 51 50 7 51%. 51% 2,500 b 51% 13 14 The Commercial and Financial (1730) Continued—Page 2 NEW YORK STOCK RECORD Range for STOCKS Previous 29 Dec 8 2% Nov 24 9% Mar 30 11 3% Jan 4 38% Mar 3 5 52 9 14 23% Mar 27 17% Jan 4 22% Mar 30% Sep 14 43% Jan 33% Jan 4 42% Apr 8% Sep 15 12% Mar 26 93 9 89% Sep 24 Jan 10% Feb 95% Feb 15 2 5 Jan 11 69% Apr 13 93% Jan 6 8% Mar Jan 7 5% Dec 30 10%sMar 26 25% Sep 14 32% Jan 11 % Sep 15 18 % Mar 25 Dec 14 29 22 89% Sep 3 92 % July 2 Jan 100 25 Sep 14 14% Apr 26'/« Jan 18 93% Jan 22 Oil 13 102% Apr 31% Jan 4 35% Feb 92% Jan 8 5 33% Jan 97% Mar 25 92 Jan 5 101% Mar 29 85 Jan 4 106 Apr 14 119% Jan 2 19 58% Dec 16 56% Jan 6 60 Feb 33% Jan 2 27% Jan 4 34% Apr 95% Jan 24 36% Mar 27 34% Jan 30% Apr 4 108% Mar 18 103% Jan 15% Apr 7 }; 15 V Dec 17 13% Jan 9 9 5 Feb 12 16% Mar 13 15 Jan 20 7% Mar 6 16% Feb 4% Jan 4 37% Jan 36% Dep 29 4 , *97% 98% *97% 98 98 98 *138 139 137 137 120 137% 138% 138'4 133% 5 *17% 17r!4 •17% 17% 17% 1734 *17% 17% No par 2.50 5% 5ai *5% 5% 5 •'4 5% 5:(4 5-4 24% 24 (a 23% 23% *23% 2 4'4 *23'% 24'4 EXCHANGE CLOSED -.— 320 14% 14% 21(4 21 % 21% 21% 21% 21 3a 21% 100 100 JO 100% 101% 100 100 101 '4 101 % 101 % 102 34% 34% 34% *34% 35 50 98% 100(4 99% 100% 99% 50 57% 58 58 53 53 10 100 31% 31% 31% 31% 31 % 600 25% 21'/« 2,300 1 1st preferred 2,300 34 *109 101% *100 102'4 *101 GOOD 4,800 FRIDAY ,101(2 10 'l02 22D *34% 35 800 100 99% 100 6,800 58 102'4 57% 58% 31% 3H8 31% Topeka & Santa Fe— Electric Co City preferred Line Gulf I W & *98% 101 *98% 99 100% 102 103 106 104 % 1,700 105% 58 3,800 101 4,100 Lines- SS •57% 53 *57% 58 57% 58 33% 33% 33% 34 33% 34'4 34% 3434 9.9 '4 99'4 99 99% 93% 98% 93% 99 30% 10 100 5 Refining common 30% 30% 30% 30 30'4 30 30% 5,900 40% 1,200 - ... 700 31,300 380 • Powder— 40% 20 (voting) 110 Automatic Canteen 25 40% 40% 41 40% 111% *103 111% •16% 16% 16 16% 15% 15% 300 5% 5% 5*8 5% 5% 5% 300 111% *15% 17 Avco Amer___5 Co of 40% 110 163/4 •-0-54 <$L20)—No par pief 21 40% *16% convertible pfd series A—100 Alias Tack Corp No par Austin Nichols common No par prior 101 93 distribution liquidating ♦38 % *98% No par RR 101 57% _T; Coast Conv 58.800 Corp— 4% *15% 16 16 3 4 17 534 * 16 17 1 j - 2 5% 5% 5% 43 (4 43% 43 % 5(8 lb 17 5'4 420 lb ♦loVa 17 . 5% 44 *43 110 no 17 17 5% *42(4 Mfg Corp fThe) common 3 $2.25 conv preferred No par 44'4 Mar 26 100 STOCK 25% Goods 5% Jan 4 8% Feb 9734 par Refining Co 17% Jan 3 26 52% Feb 26 4% Dec 18 6,100 9734 14% Corpmon Mar 26 16 69% Corp.:—, Preferred $3.75 series B < 6% Mar 18 . 69 par Atlas Corp Mar 24 17 693,4 25% Ex 112% Mar 22 15 17% Mar 28 . 69 It % Atlantic 9 41% Mar 19 8 69% 2 5'4 Atlas 94% July 16 69% 14>/4 Atlantic 100% Mar 30 4 4 Jan 69 3 « 25% 4% 15 29 6) 9 13% Atlantic 26 14 2 1,500 par 9% 24% 28 4 13 22 87% Preferred 29% Jan 4% Dec 14,100 87(4 Common 54% Jan Jan 39,900 9(4 87'4 9 13% 5 13 27 42'/a 87'4 9% 25 5 57% Jan 16% Dec 15 4134 87 13% Atlantic j 42 9 87 24% <fe Dry Feb 101 30% Nov 30 31% Apr 41% 2nd preferred Associates Investment Co., 3 Jan 41% 6% 6 30% Feb 40% 9(4 87% 9 —1 5.25% Mar 30 101 6 Jan 96 18 89% July 1 28% Jun 16 40% 86% Common 21% Mar 11 4 88% July 8 83% Dec 29 > 40(4 5 par com Carpet Co Inc Industries Inc Atchison 99 5,500 2nd preferred $1.50 series—No par 14 4 23 Nov 22% Ashland 4 Jan 25% Feb 25% Sep 21% Arvln 59% Feb 49 22% 26 50%Jun , 21% Jan Jan 103 86 22% Artloom Mar 25 32 21% 26 18% Jan 99% Apr 22 25% Sep 21% 6% Jan 11% Jan 22% Mar 11 15 21% 4 Constable Associated 18% Sep Illinois of 1,300 5 10 Arnold 23 Mar 27 100 36 34 13 27 300 3 36% 15 5 Shares 9% *2% 36% 17% Feb Mar 3 3i% 138% Apr 22 6 9% 9% the Week 37% 14 - 9% *2% Apr. 16 37 13 .*• 3 Apr. 15 37% $6 conv prior 3 9% 3 Sales for Friday Thursday 37 %. Jan 16 2 Mar 100 PRICES No pw Jan 114 117% Dec 23 19% Jan Co SALE Apr. 11 9% 3 preferred No Armstrong Cork Co com—J—No $3.75 preferred-No $4 convertible preferred—No 57 29 97 & Armour IIIGII Wednesday Apr. 13 10 *2% Inc 5% Jan Mar 25 59 % Dec 102% Sep 21 16% May 28 3 86% Mar 15 5 Products Co W AND Tuesday VI *9% Argo Oil Corp Armco Steel Corp 14 Sep P . 1 Archer-Danlels-Mldland A 22 Apr ^.14 23 2% F6b Sep 15 Monday Par Mining 8% Feb 7 16 Sep Copper 26 Jan 5 jO 48% Feb Ande» 15% Feb 32% Jan 77 LOW STOCK YORK EXCHANGE Highest Lowest Highest Lowest NEW Range Since Jan. 1 Year 1953 Chronicle... Monday, April 19, 1954 1,100 5(4 16.400 43% *43 500 B 4% Dec 22 35% Jan Jan 7 16 4% Jan 45% Dec 21 42% Jan 8% Jan bttbblll Apr 8 19 Babcock & Wilcox Co (The)_No par Baldwin-Llma-Hamlllon Corp 13 Baltimore & OIiIq common 100 52 7 11% Mar 26 11 29 Sep 18% Dec 1 9% Jan 14 14 8 5% Feb 21% Mar 4 30% Mar 19 18% Jan 11 39 Dec 29 48% Mar 25 39% Jan 4 43% Mar 19 16 Dec 22% Mar 17 16% Jan 4 20% Apr 15 29 * - 4% (T) inc 67 Jun 9 76% Mar 17 68 Feb 10 75 Apr 14 Convertible Sep 14 59% Apr 43% Jan 52 Feb 10 29 17% Mar 12 Jan 13% Jan 18 Barker 37% Sep 18% Sep 15 39% Feb 18 36% Apr 14 18 25% Mar 19 20% Jan 4 23% Mar 15 Bath 9% Sep 14 11% Feb 9% Jan 4 11% Jan Bayuk 34% May 2o 93 " Jun 5 90% July 28 14% Dec 28 ' 78 Dec 21 9 Sep 14 7 12 27 4 4 44% Jan 21 7 Jan 4 118% Jan 21 3%% 9 99% Jan 6 104% Mar 9 4%% 9 13% Apr 15 16 Jan 6 ,88 Mar 12 22% Mar 40% Jan 107 86% May Jan 8 16% Mar 20 81 33% Jan 33 30% May 26 14 Mar 16 26% Feb 2 Feb 5 29 15 16 Oct 90 1 May 21 9% Jan 29 Jan 4 18 29% Jan 14 23% Jan 17% Jan 12 4 10% Apr 22% Mar 13 93 Jan 4 4 90% Jan 18 50 Sep 33% Jun 14 68% Mar 20 60 Jan 11 17 39% Dec 38% Jan 4 Jun 17 93 112 Dec 7 112 Jan 4 Jan 30 6 Jan 27 Beaunit 27 Beck Shoe 42% 42% 42% 42% 1,600 20% 20% 20% 203% 3,600 72 73 75 73 73% 410 •48 48 % 1,400 12% 1,200 30 1% Jan 7 22% Nov 25 27% Jan 5 Oct 5 44% Sep 15 57% Jan 6 135% Jun 19 146% Dec 16 9"% Dec 31 24 30 63 37% Jan 20 16 Jan 4 Jan 4 5 15 82% Jan 30% Jan 50 144% Jan 13 9y0 Jan Oct 8 31% Apr 15% Sep 30 38 V4 Aug 26 14 22% Mar 17 17% Jan 12% Sep 19 % Sep 15 21% Jan 14 36% Feb poonh.Nio 8 119 Apr 4%% 1% Jan 9 15 8 Co 4%% 50% Dec 21 46% Jan 82 Mar 31 Boeing 23% Mar Airplane 3 20 Jan 8 Bolin 23 Jan 26 27% Apr 1 Bon 12% Mar 12 6% Jan 4 9% Jan 11 12% Sep 15 14% Aug 13 13% Jan 4 14% Feb 11 Bond 11 13 12 10% Apr 15 12 % Jan 11 5 19 11 49% Jan 7 5% Dec 31 13% Mar 19 26% Dec 31 46 % Mar 9 20% Apr 15 33 2 25% Jan 11 25 Sep 21 57/» Dec 31 19% Sep 28 15 Sep 22 33% Sep 17 % Sep 91 21 21 May 28 22% Jun 15 45% Jun 9 11% Sep 25 59% July 14 13% Nov 4 20% Sep 10% Sep 14 72% Dec 3 17% Jan Mar 11% Jan 5% Mar 30 7 6 52% Apr 2 7% Jan Aluinhun Ami Co Co 3%% 6 30% Apr 13 60 % Apr 14 4 13% Jan 15 66% Jan 60 12% Jan 5 Jan 13 13% Jan 22% Mar 17 15 Jan 12 67% Apr 15 16% Apr ,12 2 25% Mar 10 Bucyrus-Erie 4 13% Apr Budd 77% Mar 16 24 30 25% Jan 11 36 % Mar 1 Bullard 37% Mar 24 40% Mar 1 Bulovn 31% Nov~16 43 % Mar 2 17 2 74 10% Jan 11 12% Feb Jun 15 10 91% Jan 7 80 % Feb 3 67 Jun 10 86 % Apr 6 78 14 • Jan Jan 30 17% Feb 3 15% Oct 6 15 9 116 11% Feb Dec 16 146 35 Jan 9 40 11% Sep 30 79 Aug 28 5% Sep 15 Mar Dec 3 111 Jan"~4 8 1 Mar 29 " July 15 15% Feb 36% Feb 5 16 11% Jan A Mar 16 79% Jan 14 12% Feb 26 7% Jan 4 86 16% Dec 29 27% Mar 20 102% Oct 30 16% Sep 15 109% Mar 10 24 % Mar 12 16% Feb 1 100 3 Feb 16% Jan 20% Oct 7 1 Vb Dec 28 3% Mar 2 6% Sep 15 20% Sep 24 13/0 Jan 934 Mar 2 5 7% Jan Sep 15 86% Oct 7 46% Jan 22 17% Apr 24 21 Dec 29 43% Dec 16 For 27% Jan 2 2734 Jan 29 133/0 Mar 22 18% Mar 11 13% Mar 22 135 Feb 25 45% Apr 15 13% Jan 29 85 Feb 26 10% Apr 20% Apr 12 Jan 8 21 Apr 15 26 ,Jan Apr 15 2% Mar 31 8% Apr 9 22% Jan 28 20 % Jan 3 123/8 Jan 14 30 90% Jan 99 54% Nov 27 52% J&n 11 55 102 Jan 15 105 Mar 29 Feb 23 Mar 17 22 Dec 24 22 Yb Jan 5 26 34 Apr 9 Jan 5 21% Jan 4 25% Jan 29 54 footnotes see Jan naee 6 2* 4434 Jan 4 48% Apr 8 (The) Ciub EXCHANGE 62 . CLOSED 156% 2,700 63,800 1,000 10% 10% 10% 69% 67 68 43% 44% 43% 43% 433 4 44% 44% 443', 3,000 21 21% 21% 21% 21% 213/b 21 21% II,400 9,500 «68 10% *66 10% 10% 10'« *66 68 68 " GOOD FRIDAY 1,600 30 23% 23% 23% 24% 04 4,900 25 24% 25 8 400 24% 23% 24'% 253/3 25% 25'4 253i 8% *7% 8% *7% 8% *7% 8% 110 510 13% 13% 13% 13% 13% 13% 13% 13% 8.900 Inc—1.25 11% 11% 11% 11% 11 11% 10% 103% 4,100 59% 2,700 58% 5 84 100 25 *96 50% 58% 59 59% 53% 59% 84% 84% 84 % 84% 96 96 96 96 50% 50% 50% 50(4 59'4 84% S9 50% 2.50 par 84% 85% *95% 96 50% 8,700 50 51 % 3,100 - - 5 No par No par 1 Co— 10 —. 5 —100 — 100 i 5 j prior 23% 2734 7 common participating preferred Byron Jackson Co Packing Corp 6% 7 ;, 3,100 28% 28% 28% 28 28% 12,000 38.(4 38 % 38 % 38 38% 6,400 41% 41% 41% 41% 41% 41% 1,700 24% 24% 24% 2430 24% 24'% 24% 9,500 23% *100 30 *59% *12% * 102 30% 60% *100 30% *60 102 100 100 30% 30% 60 % 60% 102 30% 60% *100 50 30 % 5,300 60% *59% 200 12% 12 34 1234 12®4 12% 12% 12% 66 66 66 66 67 67 67% 67% 1,000 15% 16% 15% 16 15% 16% 16% 16% 4,100 24% 25 24% 25 2434 25 24-/8 1,000 25 5,600 13% 13% 133'a 13% 13% 12% 13(4 9,800 *76 78% *73% 77(4 *76 (4 77% *76% 771% *28 34% 28% 27% 27% 28 *27% 28% 35 34% 3434 3434 34% 34% 34% 5,300 33 37% 37% 33 38 38 38% 3,600 11% 30,300 13% 38 11% *85% *73% 17% 11% 85% 78 *73% 17% 12% 84, 10% 46 17% 13% *113 *45% 28 11% 85% 78 17% 13% 114% 46 13% 13% 13% 84 84 85 10% 20% x20% *100% 103% 25% 20 % 24% 11% 86 13 10 1,900 7 38% 115 5 6,800 1,300 28% 12% 10o 5% 22% 27% 41% *113 *45% No par 6*4 53% 20% 27% 38% 10o 50 100 7 6% 23%' 27% 28% 15 . preferred 6% 5% 23 *27% 38% 41 % -1 pfd preferred 6% 23% 27% 28 % , No par 15 6% 23% 28% 7 5 > 6(4 *23 %. *27% 5 Inc Co 6% 100 Terminal Bldg 7% California 60% 155% x24% Butte Copper & Zinc Byers Co (A M) common— 7% 32 32 60% 5 Corp Bush Terminal Co Bros 32% 156 1,900 3,700 Co.; Co 4%% 60 % 18,700 STOCK 18,900 * preferred 3%% preferred. Burroughs Corp Butler 32% 156 10 11 28 763s Watch Co Inc conv 32% 60% 156 % 27% RR— 4% 5% 59 % 155% 1(1 23 % 74% Co common.. Forge 32 60 8 23(4 76 % Burlington Mills Corp common——1 Bush 10% 32% 157 3,800 74% preferred Buffalo 593/3 5,900 41% 76 % Brunswlck«Biilke-CoHender_i_No par $5 32 <<155 iii 28 Ilk 69% 119 75 Bearing Co Co % 27% 7 119 75% - Shoe 18 27% 123 *119 75% Bristol-Myers Co coinpjon 2.50 3%% .preferred 100 Brooklyn Union Gas com——No par \ 5% cum conv preferred -—40 Brown & Bigelow 1 Brown 124 7/B 15 Brass 6 22 100 3334 &. Stratton-— Jan Mar 12 *96 19% Airwnys Inc 11%. Jan 29 10 / *119 123 27% 100 74 5 100 *96 23 Corp common Roller 83 % Feb 22 100 *96 1 Maine 28% May 2Q 16% Mar 25 6 /; 100 1,100 7,400 4,800 33% preferred 25% Feb 15 21 18% 97 5 20% 23 99% Feb Jan 21% 18% Brlggs Manufacturing Corp—No Jan 20% 33% Brlggs 52 20% 23% (The) Bridgeport 8 26 20% 18% 42 29 20% 33% 38% Mar 26 54% Dec 21 13% July 20 ' 20% % 23% 28% Apr ,12 27% Jan 29 18% 4 10% Dec 11 5% Braniff 14 28'% 33% Common 22 Mar 11 - H 23 Inc <k 7% Jan 24% Apr 28 —-No par Brass & Boston Bower 35% Jun 13% Sep • 16 100 28% 18% 11 4 28% 33 % 36% Jan 27 28% 23 23% Jan Jan 28% 19 2 39% Aug 17 26% Jan 20 19% Jan 1,100 103S 28% 33% 42% Feb 9 32 % 10% 23% preferred Edison CoJ Feb -Apr 34% 31% 10% 18% 25% Mar 10 11 *3334 31% 10 % 33 % 6 Jan 34% 31% 10 % 23% % Jan 38 *33 ' 4 31 % 10 % No par Borg-Warner 5 29 33% 31% 5 class A Stores Borden 19 29% Jan 33% 1 Boston Dec 14 2.50 Class B 15 50 13% 7.50 Co Bookrof-the-Month 18 13% 10% 10 Co„ 29'A Mar 18 48% Nov 13% 31% 100 Inc Chemical 2 Feb 13% 34% No par Wf Co— Laughlin 4,100 84 13% jn% Carpet (Del) com.5 14 9? *83 14 *30.3? Ll Decker Mfg Co Blaw-Knox Co (Delaware) (E 50 370 31V4 100 pfd series of 1951— & 85% Apr 84 *83 1 (Del) com—_No par & Blockson 61% Jan 84 *83 84 107/,. 1 preferred Bliss 4 *83 2,000 14 13% *118 Bliss 12 14% 43 115 104% 68% Black 11 57% Mar 17 14% 104 41 % Mar 22 74% Jan 14% ►113% 41 % 19% Mar 19 93% Jan 14% 145.' 5 Blgelow-Sanford 27 12 14% 423% 103% 69 34 16 42% 115 103% 413/0 25% Jan Mar 25 4234 *112% 102% 68% 22% Feb 86 42% 112 102% 41% 7% 12% Feb -12 94 % Jan 42% 112 102% I,000 13,100 10 Foods 61% Dec 42% 112 102% 68% Bethlehem Steel 14 42y4 1]L1 80 36% 67% Best 15 64% Sep 15 86% Jun 15 10% 100 Corp 6% Dec 52% Jan 22 10% 41% 14% Jan 3 22 11 69% 27 % Jan Mar *36 22% 10% 1 — 21 % Jan Jan 36% 22 11 2,800 70 Cum 15 24% Apr 36% 22 10% 41% 17 16% Sep 36% 22 11 41 15 5 36% 22 68% 62 Jan 36% 107/8 common—10 Loan & 72 12% 22 10 - Aviation Beneficial Dec 27" Corp Best 44% Apr 12% 1 Porkine Co 28% Apr 6 327/b Mar 18 Apr 48% 12% 20% pfd $3.25 ser of 1946_No par Benguet Consol Mining Co—1 peso 7 156% Apr 48% 12% 100 1 preferred Bendix / 6 21% Apr Mar 26 pfd & Howell Co common— 13 48% 12% 2.50 Bell Apr 47% 12% 100 21% Jan 29 70% Mfir 31 47% 12% preferred—100 Aircraft 41% Apr 471/4 12.50 Bell 97 71 50 Mar 31 31 71 10 Belding-Hemlnway 15 71 50 11% Jan 28% Dec 15 22% Sep 15 36% July 13 15 66 100 10 RR 32% Mar 29 20,000 20% 4%% Creek 20% 20% 800 20% Aircraft Corp Beech " % Dec S) (A Beech 12,200 20% — 22 Jan 3,100 9(4 43 common 14% Mar 31 35 50% 9 19% Inc— Mills 49% 9% 4% 42% 10 —No par prior conv 4% 50% 9 20% 20% Corp—. preferred 4% 50 9% 43 ——.— Works , 20 Cigars Dec May 19 17% Sep preferred Iron 4% 51% 5 9 183/4 common Inc Beatrice Foods Co 12 42% Dec 100 31 10 % Dec 4%% Mar 31 9% 5 50% 4334 preferred Brothers 112% Dec 27 f- ' 39 5% 4% 51% 9 50 common Barber Oil Corp 11% Dec 4 4 47/a 51 preferred—100 noncuniulative Bangor & Aroo.stoolc 38 1 — — 25% 10 3/8 20% *101 10% v 11% 11% 85% 85% *85% 86 78 *73% 900 78 *73% 17 % 13 *113% *45% 11 17% 17'% 13 13 114% 13% 103a 10% 1,700 114% 45% 45% 50 13 % 8,200 84% 220 10% 4,200 13% 85% 13 18,400 *114% 47 *84% 70 17% 13 *" 84% 10 20 % 20 20% 20 103% *102 103% *102 1 20 34 1,700 103% 20% 20% 20% 20% 20% 21 25 25(4 25(4 25% "i 2,400 25% 26 7,100 1 1% 2 1% 2 1% 2 1% 2 3,300 Calumet & Hecla Inc. 5 Campbell W & C Foundry No par Canada Dry Ginger Ale com—1.65% 8% 8% 8% 8% 8% 8% 8(4 8% 21% *21% 22 21% 21% 21% 21% 13% 14 13% 14 13% 14 99 98 98 Callahan A Zinc-Lead $4.25 copv preferred Canada Southern Ry Co Canadian Breweries Ltd Canadian Pacific Ry_ Cannon Mills "IT—— No par _10o ' No par 25 No par 21% 13% 983a *54 25% 24% *48 14 6,200 700 19,300 98% *97 99 *97 55 *54 55 *54 55 55 55 26 24% 26 24% *48 26 2534 26 25% 25% 2,900 25% 2434 25 24% 25 Vb 29,200 48% 4734 47% 47% 100 48% *47 40 10 (1731) NEW YORK STOCK RECORD Range for Previous Range Since Jan. 16% Sep 13% Jan 14 14 23% Sep Lowest Highest 29 8% Dec 30 28 May 27 19% May 25 Jan 4 18 5 STOCK Carborundum Carey 1 (The) (Philip) Mfg Co 34% Jan 10 45 Dec 9 40% Jan 6 44% Mar 16 Carolina 14 49 Jan 16 40 y2 Jan 5 14 14 46% Jan 4 13 Carrier 12% Sep 24 14% Mar 27 13 7 15% Apr 15 Carriers 14% Sep 16 25 Jan 5 14% Mar 30 12 Case 1111/4 Dec 24 143 Jan 9 17% Apr 129% Feb 65% Jan 2 45 % Sep 4 2 44% Feb 17 Feb 24 102% Feb 12 104 y4 Apr 13 6 18% Apr 19 21% Jan 26 133% Jan ' 2 29 104 Jan 107 y2 Jan 4 67% Jan 4 105 23 18% Dec 113 38% Jan 21 96% Jun Jari Dec 24 65% Dec 24 98 Jan 5 15 y2 Sep 2 19% Mar 25 16 15% Oct 30 16% Mar 18 15% Jan 19% Feb 19 20% July 27 20 4% Sep 15 7% Feb 26 53 Ohio 4%% Celotex Corp 12 25 1 35% Jun 16 42% Mar 25 38% Jan 8 42 97 Jun 12 6 105% Jan 19 112 17% Jun 24 20% Mar 2 19% Jan 8 14 y2 Sep 14 y4 Sep 14 28% Feb 24 13% Mar 15 21% Apr 18% Feb 14 28% Feb 25 15% Jan 4 17% Jan 29 25 110 Jan 18 y2 Jun 10 23% Dec 10 23 Va Jan 30 17% Mar 16 10% Feb 26 6% Dec 16 9% Mar 12 6% Feb 1 19% Oct 38% Jan 5 20% Jan 4 14 15% Mar 20 12% Jan 4 30 15 37 33% Jan 4 Feb 3 5% of Central 4%% 61% 900 60% 62 '/4 v <6iy2 60% 61% 15y8 15 15 15 15 15'/a 17% 16% 17% 16% 17 124 124 52% <■103 124 53 52% 104% 20 124 ■ 104% 20% *124 53 x51% 104% 20 126 52 *102% 20 Va *124 " 51% 104 y4 *1021/4 19% 20- ?■ 1 ■ 118 y4 EXCHANGE 2,900 18% 18% 191/8 CLOSED 6,600 16% 16% 20% 20% 20% 20 3/8 5% 6 Va 6y8 53/4 118 No par *24% 25 25 54% 55% 56 56 14 14% 14 6 25% 100 14% *16% 16% 17 24% 24% 24% 24'/2 11% 11% 11 11 West 18 14 Cerro Corp Sugar Century Ribbon Mills Co No par Corp Products 21% 24% Corp 1 Co 21% 17 17 7 2,900 14 14% 4,200 41%; 41, 41% 2,000 25% , *55% 108%. *108 3/a 21% 21% 213/a *16 3/a 163/4 *16% 17 *16 3/a *16% 7% 7% 25% 25% 15% 15% 36% 361/4 2,600 56 900 109 80 213/4 4,300 17 100 17 300 24% 24% 113/4 *6 3/4 15% 25% 24%: 24% *11 36% *36 900 FRIDAY 14 25% 25% 15% 10 21 17 *6% 5 Pasco Certain-Teed GOOD 6 56 *41 17% 5 South 30O 20% 25% 108 3/a 9.50 Violeta 17% 14 109 21% *16% & *17 25% , 41'A 10 Central 160 55% 50 Central 41,200 STOCK " 74 41% 300 18% 119 109 8,100 711/4 17 41% '•; 19% 20% 109 • 1191/2 5% <■41 % AA 693/4 20% ■108% • 18 y. 5% 100 A 1183/4 20% common——* 'A 73% 1 119 20 :-Y 52 1041/4 71% 5 120 3,100 31,600 126 17 5 13,500 153/8 17 18% preferred' Belt 1,800 43'/8 18% Ry 110 433/4 423/4 17% 50 Chain 115 43% 16% B 15 36% Mar 26 115 43% 43% 18% Illinois Light de 115% 16% Georgia 4,600 43% 18% Co ■' 43 y4 20 Class Apr 16% Apr 61% Central RR Co of N J class A 8 26 115 • Central Illinois Public Service. 15 Feb 116 15 10 preferred series B 5 *114% 3,200 41,100 : ' 17% Central Hudson Gas & Elec__No par 25 Mar 7y2 Jan 13 11% Sep Sep Central 19% —No par common 12% Mar 18 6 10 % Dec Feb 61%* 1 preferred Aguirre Sugar 14y4Apr 19% 43% Foundry Co 72% Feb 19% *73% Central 32% Jan 19 74% Central 4 19 Va 74 6y8 Mar H 23% Mar 25 19 118 21 Va Mar 12 54% Mar 24 30 383/4 100 6 12 y4 Jan 22 73 y2 Jan 38 Va preferred series A_100 4 Mar 27 40% Jan 15 38% 43% common Jan 13 31 38% 43% __10Q 4% Jan 11 y4 July 14 26% Dec 59 'A Sep 39% 43% 12.50 Shares 9% 43% 2nd preferred— 5% 2 9% 42% , conv 9% 38 114% the Week Friday Apr. 16 9% 43 y4 Corp Thursday y Apr. 15 9% 42% Prefeired 4.20% — —.100 Celanese Corp of Amer com__No par 7% 9% No par Co common 12 17% Apr 114% Apr. 1-1 5 General & 19% Mar 15 4 11 19y4 Corp (J I) 12 Apr 74% Apr 19 SALE Wednesday Apr. 13 40% Ry_10.0 Light? preferred Caterpillar Tractor 12 120 Jan & 7% 26 Apr Power 38% HIGH Tuesday 9% lo & Carpenter Steel Co 48% Dec 43% Apr 62 y4 Apr 9% 5 Co Carolina Clinchfield 39% Sep 34% Jan Monday c Apr. 13* ' Par Capital Airlines Inc 39% Apr 9 19% Apr 15 115% Mar 22 5 Jan YORK LOW AND EXCHANGE 10 y4 Jan 13 17% Jan 107 NEW 1 Highest 8% Jan 29 113 y2 Mar 19 103 % July 20 Continued—Page 3 STOCKS Year 1953 Lowest 15 11% 11% 7% 9,400 400 7% 7% 300 251/4 26 25% 12,200 15% 15% 15% 16'% 17,100 36% , 36% *36% 36% 200 41% 1,900 Champion Paper & Fibre Co26% Jun 16 34% Dec, 33. 3 Jan 11 41% Apr 98 y2 Jan 5 108 2 6 Mar 17 25% Jan 5 33J/a Jan 4 25% Dec 15 31 31 y2 41% Feb Feb, 4 2 • 36% 36% *36% 102% 102% *101% 103% 1.25 53/8 5% *5% 5% 5% Chesapeake Co^p of Virginia 5 Chesapeake & Ohio Ry common—25 Mar 17 4% Feb 22 4% Sep No par *29% 30% *29% 30 y4 *29% 30% 34% 33% 34% 34 34 y» 90 89% 89 Common 15 30 7% Mar 27 103% Jan 92 y4 Jun 1 $4.50 30% Apr 8 36% Feb 15 90 12 32% Sep 15 80 Jim '3 85 % Oct 27 12 Sep 15'1 23% Mar 13 84r% Jan 13 14 i Jan 4 21 Aug 31 26 y2 Mar 17 23% Feb 25% Mar 19 16 21% Mar 24 18 y^ Jan 26% Apr 7 26% Jan 5 18 y2 Jan 24 y2 Mar 12 6 34% Jan 21 27% Jan 32% Mar 12 18 Jan 6 12 y4 Mar 15% Feb 17 'A Jun Oct 17 27 % Oct 12 Sep 14 5% Dec 31 10 Jan 6 Dec 29 22% Jan 13 40% Sep 10 Vo Dec 15 51'A Jan. 30 21% May 21 28 10 - 5% Jan 63 76% May 27 62% Jan 89% Jun 25 95 Jan 92 12 22 7 11% Jan 3% Feb 10 1% Dec 18 6% Oct 13 29 39 Jan 18 17% 18 173/4 17% 1,900 24% 24% 24% 24% 24% 600 26% 25% 26% 25 y8 26, 23'/4 231/4 23 23% 23% 233/4 *23 V* 23% 29 96 Va Jan 311/4 31% 31% 31% 31% 31% 313/4 13% 13i/8 13% 13% 13% 13% 13 y8 13% 1,500 1,100 No par 6% <6% 7 7% 7% 7% 7'/8 105/8 10% 10% 11 10% 10% 10% 9,800 100 37% 37% 37% 37% 37% 37%' 37 y2 10% 37% com__No par 113/4 11% 11% 12% 12 12% 12 12% 3,200 5% St series Paul A & North 5% Pac & pfd noncum Western preferred series A 29 100 Chicago Pneumatic Tool com.No *71 Jan 18 Chikls 11 Chile Co 5% 30 *100 — preferred.! 2% *8 «/4 1003/4 24% 23/a Chrysler Corp Cincinnati 17% Jun 19 20% Feb 18 23% Apr 25 102 Jan 97% Jan 4 103% Feb 11 35% Jan 22 55 Dec 47 72y4 Apr 2 22 y2 Dec Jan 24% Jun 16 30% Dec 28% Jan 70% Oct 6 95% Jan 78 9y4 Sep 15 95 Jan 11 4 9% Jan 5 12 99% Apr 15 5 27%. Jan 4 14% Jan 102 Jan 12 Jun 10 26% Dec 15 14% Dec 28 15 Jan 4 72% Dec 28 83% Feb 9 74 Jan 27 Oct 5 44% Jan1 € 33% Jan 4 31 Mar 24 152 80 Feb 10 47% Jun 16 Jun 12 100 33% Mar 17 Aug 172 Nov 3 180 30 89 90 July 14 54% Nov 24 109% Jan Feb 29% 2,300 54 54% 68% *100% 67% 102 ,101 107 15 Sep 21 44% Mar 19 42 Sep 16 25% Apr 33 Va Sep 11 22% Jan 19 89% Jun 12 Mar 23 15 Sep 14 28 % Apr 128% Sep Feb 5 75 *8% 8% 123/4 12% 400 21/4 1,000 2% 23/a 8>/4 2Va 8J/4 2y4 *8% 24 - 8% *24'/4 ay. 13 29% Jan 4 97 V2 Jan 2% Feb 19 2% Jan 32 % Mar 25 4 35% Feb 132% Jan July 24 12 Jan Dec 29 Jan 6 Oct 125% Feb 20 111% Jan 4 874 Jan 892 Dec 17 976 47% Jan 2 38% Jan 90 23 89, Apr 13 7 140 625/a ,61 61% 35,700 225/a 10,£00 70%/ 69% 69% 34 34% 34% 34% 34% 35% i 341% 35 20,300 94% 94% 94 Va 95 94 953/8 95 97 27,400 I Financial T Corp No par 4%% Clark Clinton cum Inc 5 $3.50 4 12% Jan 20 14% Jan 6 14% Sep 14 20% Mar 17 15% Mar 24 18% Jan 26 Colorado Internat'l 475/s 461% 47% 70,700 25% 25% 25% 25% 3,200 94% 94% 94 94 2% &_Iron 33% 33% 33% 33% 33 V* 335/8 50 y2 Dec 2 41% Feb 3 48% Apr 15 50 y2 Dec 9 4iy2 Feb 2 48% Jan 6 Columbia Gas System Inc No par Columbia Pictures common..No par 4 14V2 Apr 8 12 23% Feb 18 4 89 Feb 17 51% Mar 17 41% Jan 11 47% Apr 12 27% Dec 29 26% Jan 11 29% Mar 19 44 Jan 14 56 % Mar 30 Combustion Engineering Inc.No par 34% Jan 12 43 V4 Apr 14 Commercial Credit Mar 31 18% Jan 27 Commercial Commonwealth Edison 2 16 • 32% Jun 17 37% Dec- 2 36% Jan/ 41% Apr 15 32'/a Jun 17 37% Dec 7 36% Jan 40% Apr 15 37% Mar 16 36% Jan 41 Apr 15 7 17 $1.32 $1.40 5% Dec 29 Jan 29 Conde 21 Va Dec 29 27% Jan 27 20% Apr 23% Jan 27 Cone 20% Oct 28 24% Jan 21% Jan 23% Jan 26 8 Mar 6 3 15 Jan Dec 30 6% Sep 14 11 Feb 25 7% Jan 34% Jun 10 42% Dec 11 40% Jan 103% Jun 2 109% Jan 5 107% Apr 12% Dec 16 20% Dec 31 20% Jan 12% Jan 16% Apr 24- 12 conv Nast 9 109% Mar 4;. 13% Apr 1 Jan 5 110% Jan 7 107 Jan 7 112 102 Mar 26 98 Jan 7 105% Mar 25 11 Jan 5 12 3/8 Feb 11 14% Apr 15 48% Jun 16 58 Jan 2 54 7 60% Apr 6 14 381/2 Jan 5 18% Jan 7 ■} 25 Jan 26% Jan 13% Apr 27 preferred Gas Elec Jan 8 28% Apr Feb 15 1 26 53/a Jan 4 6 s/8 Jan 20 Consolidated Retail Apr 6 8% Feb 15 Consolidated Textile 15% Sep 351/a Apr 15 22% Feb 3 17% Jan 4 243/4 Mar 22 Consolidated Vultee 23 40% Nov 2 38% Jan 8 99 8 1053/4 Jan 5 5 1061/4 Jan 4 109% Feb 1 30 42% Jan 7 62 V\ Apr 15 101J/2 Jan 4 108% Feb 2 89% Sep 23 45'/2 Jan 13 May 20 87 112 y4 Jan For 16 Jan 102 5/8 Feb 11 25% May 21 103 Jan 5 15 203/4 Jan 4 23% Mar 29 4 90y2 Jan 4 98 Feb 4 58% Nov 6 54% Jan 4 63% Apr 15 973/8 Jan 8 96 Jan 21 6 128 Jan 21 953/4 Jun 133 footnotes 15 433/4 Apr 110% Apr 109% Jan 185/8 Jan Nov see 43% 53 47% 47% 47% 48 47% 47% '47 3/a 48 48 *48% 43% 53 493/4, 48% 483/4 48%/ 48% 48% 14% 14% 141/2 14% 14% 22% 22 22% 21% 22%. 79 79% 79 % *78% 47 47% 46% 47% 27% 28 27% 28% 53 171/4. , 2,800 ' 5,600 • 14% 46,500 21% 78% 78% 47% 47 47% 4,700 28'%. 28% 28% 2,200 52% 52%: 513% 52% 42% ' 21 80 28 42 %( 17 X14% . 461/2 53% 42% 173/a 90 483/a 14'/4 42% 160 53 493/4 22 17 : 43% *48% 431%.. 42% 43 17 171/4. 17 17% 8,300 15,800 5,100 , 1,900 ! . 1'. 39% 39% 39% 401/4 403/8 39% 39% 39% 40 40% 39% 40 40% - 40% 39% 4,500 i 41% 39% 120 ; \r 39% ' 41 "6% *6% 6% 6% 63^ 1,000 1,000 213/8 21% 21% 21 211/4," 21% 211/4 1,900 22% 22% 22a/4 22% 22% 22% 22% 22% 3,200 25 25 25 25i/a 24% 25 5 9% No par 43% IO73/4 1.33 Va 39% , 6 3/a 6% 13% 9% 108 9% 43% 10 43% 43% 108 131/4 *13 108 13'/4 *25 9% 43 10 9% 43% 1081/4 108 % 131/4 43% 13J/4 108 13% 900 10 23,000 435/8 11,900 1081/4 1,100 500 13% Light & page 24. , 99%<Mar 145 Apr 4 15 preferred 28% 1093/4 15 pfd ^.100 143% 3,700 59% 1,900 x59 % 59% 5934 5934 60 *20% 22 *20% '22 *20% 14% * 60% 22 28% 59% t U" *20% 1 10,800 70 V {• U>;. !• 22 6 6 5% 5% 53/4 5% 7% 7% 7% 7% 7% 7% 7% 7% 3,800 1 23% 24% 24% 24% 23% 24'/4 23% 24% 17,500 No par 42% 42% 423A 43 43 433/8 433/a 43%, 109 3/8 109% 108 108 Aircraft— com 1 54 223/a 22% 95% 110 110 110 109 *108 109 55% 102 *101% . 58% 102 58% 102 22% 22% 22% 953/4 95 95% 62% 62% 62% 63 62% *98% 100% *98% 101 *98% 145 143% 143% preferred—No par "141 *142 60% 102 22% 20 109% *108 59% *95% No par Caif, Inc common 53/4 110 *108 ■' 55% 95% 2nd 14% 14 Continental Baking Co cum__No par $5.50 preferred No par $4.25 conv 105% 14 '101% preferred 109 *104% 133/4 ..100 $3.75 *108% 1051/4 28 10c Inc Inc preferred Continental 108i/2 *104% .No par Co $4.52 preferred No par Container Corp of America com__10 4% 28% 108% 105 % 13% 13% ■".* 28% 109% 28 105 5, 28% 109% 109% 105 *104% 28% 100 106 Stores Consumers Power Co $4.50 11,900 39% Consolidated Laundries Corp Consolidated Natural Gas 7 23 43 53 { 6,600 6% series B 6 Jun 43 110 1,000 • 203/4 series C 6 93 17% 39% Power Co of Bait com—No par Preferred 4%% Preferred 4% 10y4 Jan 45 16% 47 No par 10y4 Jan 18 17%, 39% Corp — 23 17 17 10,800 25 Consolidated Foods Corp 29 19 17% i 43% No par 10 com Dec Jun 133/4 423% 25 Coppermines 5% Dec Jun 91% *13% No par Consol RR of Cuba 6% 99% Jun 91% 133/4 " 10 36 423/4 91% 39% stock distribution Consol Edison of N Y 15 Sep 50 133/4 53 , 5,400 *950 *91% 49%, 54 700 x41% 53 1 91 13% 48% 42 Va 20 136% 122% 25 com—25 Inc Consolidated Jun 8 91 121% 911/4 53 J 53 2,000 42% 43 413/4 *77 33% 136'% i 123 *950 49% 53 1,900 33% < 2% Cigar Corp— 5 Jun 17 Co Publishing Co 44% Feb 91 28 10 preferred preferred 4 100 10 Eiec__5 No par 4- $5 Ohio Co 25% Apr 2 10% Mar 30 ^ No par Mills Consolidated 23% Jun Co convertible Corp Congoleum-Nairn Ex preferred-No par Solvents Consolidated 18 *48% 12% Jan 6 32% Jun *40 370 2% 137 91 50 130 91 16% 100 122% 74 42 173/8 100 100 90 976 16% pfd *136% 90%, 976 -- ■133/4 19% Jan 8 *950 14 j/B 68y2Jan Soutliern . 137 124% 911/4 15 38% Jan *89 122% 42% 69% Dec Carbon *136% 90y4 124% 13% Columbia Broadcasting Sys cl A.2.50 Class B 2.50 $4.25 cumulative 137 *89 123% 42 22% Dec 24 22% Jan *136% 91V* No par 8 74 1 2% No par 38 y4 Jan 48% Dec 74% 44 2% No Par noncumulatlve 15 *43 2% & Soutliern Ry com noncumulatlve 1st pfd 18 *74 ( 2% No par com 4% Sep *93 75 2,1/4 Corp—No par 4% & 4*««. 46% 16 Sep 130 94% 16 16 109% 48% 15 31 109% 25% Feb Columbus 109% 94 52% Feb 23% July 2 38% Sep 11 *109% 47% 47% Feb Columbian 109 y8 — 25% 56 15 4,900 FRIDAY 93% 19 Sep 58% 25% 29 37 91% 58% 48% Jan 5 20 *88% 58% 25% Jan Jan GOOD 91% X58% 451/4 - ..1 100 50 15 190/ *88% 59% No par 2nd "• 5,600 Colorado Fuel *170 91% 43 48' 7 *73% 180 >' 70 21 5/8 65% Mar 24 6 109% 180 • 700 425/8 67 29 109% 190 CLOSED 21% 66J/a Mar 24 11% Jan *109% 59 76 38% 21% 1 12% Dec *88% 59 38% 20% 23 59 y2 Mar *175 91% 58% *75% 21% 22 & 190 *88% *155/8 , 43 Dec 38% Jan 38% 20 34 Dec Mar 22 15% ™ 38% 43 Sep 41 1,000 15% 76 ' 75% 49 Mar 24 EXCHANGE 15% 75 y* 38% 10 213/8 47 43 153/4 i 4,500 44 preferred— Aikuiun Corp Coiiins STOCK 38% i". 700 31% x75 y4 *175 10% 99% 30y4 xl5% - Colgate-Palmolive Co Mar 86% Jan 10% 99% •30%* 16% ___100 15 93 5 24% Feb 27 10% 101 76'/4 .No par 43% Apr 8 30 383/4 preferred—100 Coca-Cola 31 *99% 21 (The) 13 Dec *10% 30% 15% No par Apr ■: ■ . *73 3/4 7%' preferred 976 60 3,600 *43 preferred 4% cumulative 2nd Jun 10% 101 38% gtd—50 Cluett Peabody & Co com 13 30 1 Coca-Cola Co 102 % stock__50 7% 4% common.. conv 125% Mar 17 22% *102 1 RR guaranteed Foods *99% 30y4 76'A No par Pitts & 22% 102 5 $4.50 preferred Special 22% 102 20 preferred Co new C C C & St Louis Ry Co com 100 5% noncumulatlve preferred—100 Cleve Elec Illuminating com.No par Cleveland 225/a 102 100 convertible Ecpilpment 30 __No par * 10% 101 *99'/2 100. City Products Corp City Stores Co common. 10% 103/a 5 common 22 3/8 ' 10 City Investing Co 5%% preferred 80 Nov 10 68 Clopay Corp Feb 61 Vz 87% 4%% Apr 94 62 % 200 25 67 Climax Molybdenum 48% Apr 1 ; 8'/a *24%, 102 Clevite Corporation 24 78 38% Dec 4 62 2y4 25 68% 27 Feb 107 89 Mar 22 Mar .; 8% 125/8 •22% 23% Jan Jan 24 34% Dec 21 136 15 92% Apr 9 97% Nov 25 2 Mar 24 44 Jan 37 43 Va Mar 20 29% Oct Mar 15 ; 109% Apr 18% Jan 75 20 38% Mar 19 59% Mar 18 70% Jan 70% Dec 18 16% Mar 23 77%/Jan 91 Jan 41 1 14 15 500 *8% 12% 102% Cities Service Co Jan lOl'A 8% 66'A 15 11% Mar ' 10,500 102% 97 33% Feb 683/o x22% 14 104 i . Electric— & preferred 100 Cincinnati Milling Machine Co—.TO 35% Apr Apr ! . 74 12% 24 63 ' 2,600 *70 4% C 210 Mar 53% Jan 19 . Gas ! Common 7 91 % Jun 62% 25 " '■ *8% 8% *23% 29 y8 74% 68 69% i. *12% 12% 1 295/a 54% *71 100% 9 29 74 ■' ' 2,400 54% 54% ■ 68% 1023/4 12% Co *71 69 *8% 29% 54% > 25 25 common convertible Copper 74 68 10 29 551/4 • No par Cab 7 29% 543/a par convertible Chicago Yellow 64% Mar 19 . ! 700 No par Mllw 3 56 % Feb 2 r . 1,000 31 'A preferred ' 58% Dec •• . 47,800 50 5% Chickusba Cotton Oil Mar/ ' '' 17% 25% 24 25 Va ^ 600 24% Feb 10% Feb Feb ■A. 19,900 18 preference—No par Chicago Rock Isl & Pac RR—No par 5% conv preferred series A 100 15 1 30% 251/4 $3 9% Mar 15 7 % Jan 21 5 5 . 1,300 24% 14 1 % Jan 13% Feb 13 Dec 22 8 101% Apr 8y4 Jan 11 *29% i; 20 53/a 17% 9 70% Mar 19 Jan 9% Jan 14% Feb 7% Oct 13 10% Sep 90% 102 24% Chic 34% Feb Apr 34 5% *24% A Class B 55% Apr : Jan 90 39% *101 y2 5%, 40 Chic 72 45% Jan 82% Mar 19 34 88% 39 102 Chicago Ind & Louisville Ry cl A_25 1 8 12% Mar 31 Mar 6 62% Mar 19 33% 100 37% 102 par Class 26 6 preferred 37 Chicago Corp (The) 1 Chicago Great Western Ry com__50 7% Mar 31 2 convertible Chicago & East 111 RR com—No 46% Jan 30 6 5 35 Va Mar 2 3 % % 13 11 Aug 31 Oct Apr 12 V* Feb 30% Dec 59 - 10% Mar 25 41% Oct 59 : 18% Feb 10% Jan 44 Va Aug * preferred Checker Cab Manufacturing 63% ♦101% .; r 22% *94% 63 6 110'/a 109 62% 103 22% 95 63% 101 *98% 145 145 9,300 190 40 18,900 20 4,100 80 6,000 1001/4 145 1,400 120 <jC* *i. 16 (1732) The Commercial and' Financial Chronicle.. NEW YORK STOCK RECORD Range Since Jan. 1 Lowest Highest Lowest NEW YORK Highest 7% Mar 4 LOW AND STOCK 10% Mar 17 11 20% Mar 17 18 Feb 23 8% Apr 19% Jan 14 3 10% Jan 6 12% Feb 11 67 Jun 16 82% Jan 7 72 Feb 15 7 '/a Sep 14 13 62% Jan 15 22 7% Jan 11% Mar 25 3 Mar 18 52 4 4 Continental Insurance «% Mar 18 4 Jan 15% Jan Mar 15 Continental Motors 66 Apr 17% Feb 15 28 % Mar Jan 4 26% Jan 27 22% Jan 4 28% M>r 16 15 27% Feb 20% Jan 4 24 Apr Copper weld Steel Co ooamoa 48% Jan 6 12 52 J<in 52 Jan 28 49 Jan 9 Convertible 43% Dec 30 55% Jan 30 44% Mar 5 49% Apr 18% ^ep 15 26% Mar 25 21% Jan 4 32% Mar 58 Jun 70 Mar 22 60 Preferred 68% Jan 15 Apr 1 90% Dec 21 87% Jan 12 100% Apr 9-3 % Sep 14 96% Jan 19 8 99% Apr 6 24 78% Mar 12 5 182% Mar 29 15 161 98 Jun 25 6 93% Sep 67% Feb 78 Nov 9 71% Feb 176% Dec 31 174% Jan 18% Nov 16 Mar 31 15% Dec 3 V2 29 Sep 5 15 % Nov 30 25% Sep 87% Jun 15 1 2 95 Coty International 4 1% Feb 1 35% Apr 14 4 99 % Mar 30 27% Mar 12 2 15% Mar 10 34"% Jan 15 26% Jun 16 35% Dec Jan 33% Jan 26% Mar 22 4 33% Apr 14 17 34% Jan 4 47% Apr 15 16 101 % Jan 4 6 21% Jan 11 105 Crown 5% Sep 6 11% Jan 4 14% Feb 25 8 27 34% Jan ~7 15 28% Jan 8 6% Apr 4 54% 9% Feb 2 27 % Mar 20 18 5% Cudahy Packing Co i 4%% preferred Cuneo Press 30% Apr 5 8% Jan 15 Jan Jan 11 Jan 23 138 Apr 17 134 Jan 7 15 43 Jan 10 39 Jan 11 136 1 Prior 13 Class A Cushman's Sons Inc 7ft Cutler-Hammer 36 Mar Mar 19 5% Mar 12 13% Apr 5 14% Mar 15 Davison Chem Corp 38% Feb 24 43 % Apr 9 14% Apr 14 15 16% Jan 29 11% Jan 4 16 39% Dec 17 37% Jan 13 5 92 Jan 2 90 Jan 83 92 Jan 16 91 Jan 86 Jun 97% Feb 11 94% Jan 3 17% Aug 31 7% Sep 15 12% May 14 34 47% Jan Dec 23% Sep 23% Feb 14 2 5 15 26 Dayton 14 Decca 10 4 f 32% Jan 4 2 42 % Mar 25 15% Jan 30 12% Jan 16 27% Dec 21 27 9 55% Jan 12 65% Apr 14 101% Apr 24% Mar 23 16% Jan 4 30% Dec 28% Jan 11 31% Apr 67 67% Feb 23 64 14 Mar 2 6% Mar 17 29 16% Mar 25 15 19% Jun 16 24% Mar 10 Sep 14 33 95 % Jun 9 108 32% Jun 24 1 Mar 17 Jan 22 24 4 8% Apr 20% Jan 27% Jan 101 31% Jun 12 41% Deo Nov 30 3 11% Feb 31% Feb $1.50 13 40 4 12% Jan 8 10 Diana Dixie Jan 11 67% Mar 30 5% 23% Mar 10 14% Jan 79 10% Jan Jan s 4 11 12% Feb 17% Mar 118 10 Feb 10 23 52 Dec 9 43% Jun 9% Jan 17% Sep 4 41 % Jun 18 31 16 156 % Sep 30 36% Sep 18 16% Jan 83 July 20% Jun 89 5 52% Mar 43% 1,600 14% 14% 14% 12,000 29 2874 29 10% May~l5 23% Mar 11 28% Jan 23 9% Jan 7 31 30% 69 *64% Co 1 4 1 Eastern 47% Dec 12% Apr 46% Jan 4 57% Apr 15 22 48% Jan 30 25% Mar 25 165 Mar 37% Feb 4 24 24% Mar 24 Edison 92% Apr 14 26% Mar 31 Ekco 100 Jan 104 13% Feb 24% Jan 26 10% Oct 6 13 22 Oct 5 33% Feb 48% ©ec 31 6 15 Jan 4 51% Nov 30 60% Feb 4 37% Jan Jan 6 15 26% Feb 19 23 29% Feb 5 89% Dec 21 99 20% Jun 24% Mar 12 8% Nov 27 Mar 13 64% Dec 22 22% Jan 74% Feb 70%Jun 15 74 fnntrwte* tpf, 1 5 15 27% Apr 9 Bros Elliott 51 Jan 11 5% 10 Jan 4 22% Feb 17 39% Apr 13 17% Apr 14 11% Jan 26 25 Mar 16 26 Jan 27% Mar 12 92 Jan 98% Feb 22% Jan 7% Jan 24% Mar 9% Apr 12 9 15 El Paso Emerson Empire 1,400 34 4,700 11% 11% 11 11% 11 % 29% 9% 51% *63JA 29% 9% 50% *11 65% 11% 10% 109 37 102% 23% 9% 51 *62% 11% 37% 23% *11% 10% 11 2 800 29% 29% 7,700 10 974 51 5174 65% 10 10 10 900 52% 52 53 2,300 66 *65 651/2 66 11% 11% 11% 11% 17% .2,900 17 17 16% 17 7,000 i, 110% 36% 102% 23% 110'A 37% 102% 237s 39 *34 38 3674 103 7% 113% 2374 84 *34 ' r - 39 7% V 118% 117% 118% 118 121% 122 100 *99 30% 300 34 lot) 7% 7% 2,700 16.500 120% 123% 121% 121% 122 99% *99% 99% 100 30% 30% 30% 30% 30% 46% .12,900 46% *46% 47% 52% *52 52% 49'A *49% 49% 53 *52% 53 *47 47% 52% *52 52% *50 50% 49% ■- *52 40 % *52% % T .36,300 99% 47% 10 25% 84 121'/a 47% 53 24% 99%4 *51% 49% ."36,500 34 121 120% 10,500 36% 103% *82% 7% 120 % 114% 36% . 2474 *82% 7% 113% *102% 3674 103 *99% *10 % 300 , 11% 16% 110 84 *52% 800 11% 29% *82'/a 30% 11% 10% 2974 84 30% 10 11% *82% 7% 1174 r? 29% *34 7% 11% 108 11% 17% 111% 102% 11% 108 53 *10% 10'A 9% 10% *52% .*9% • 900 40 600 10% 3,200 20% 20% 20% 2074 20% 20% 2074 2074 23 % 23% 23 % 23% 23 12,100 23% 22% 23'/. 1.6% 16% 16'A 16% -.9,700 16% 16'A 16% 1674 12% 12% 12% 12% 12% 121/4 12% 55% 55 55% 55% 3.300 57% 56% 57% 130,200 Inc common *169 170% 2 43 43% 1 100 2.50 common 22% *91 >:25% 100 X104 I : (The) Watch xl6 5 43% 2 No par Co 50 District Electric Corp 27 Erie RR 5 66 Jan 70 Jan 28 Apr 21 72 Mar 74% Feb 5 5ft preferred series a Erie ft Pittsburgh RR Co common 22 22% *91 £2% 26% 104 26 *10274 26% 107 43% *22 92% 25% *10274 171 *169 44% 43% 171 44% 21% 22% 92% 92% 92% 100 25% £8,300 25% 25% 107 *10274 107 16% 16% 1674 16% 1674 16% 44 16% 43 43 % 42% 43'A 4274 43 2 1% 2 1% 2 1% 1% 25% 26% 26 26 11% 1174 11% 117A 26% 27% 2674 27 49% 49'/a *49 *53% 54% 54 54 53% 53 % 5274 53 38 % 38% 38% 3974 39'/a 39% 38% 16% 17 39% 1674 17 10% 26% 27% 50 *49 17% 26'/a 1174 « 50 11% 2574 2674 *49 17% 17'A 50 17% 10% 10% 10% 10 % 10% 10% 24% 24 % 10% 24'/a 24 % 2374 24 23% 27 23% 25 27 5 . 26% * 2674 27 100 *95% £6 95% 95% 96 % 96'A 8.50 23% 24 9574 2374 95% 24 23% 24 1 9% 9% 2374 2374 9% 974 No par 16% 17% 1674 9% ioo 67% 68 50 *71% 74% 68 *71% t 5' 17% 68 74% 9% .5,200 2274 10 Co common preferred Equitable Gas Co i Equitable Office Bldg 22% 92'/a *169 25% 3 Gas 4474 11% 10 Electric Mfg Co Radio ft Phonograph 170% 26% 4 Natural 43% 11% 50 preferred *169 26 15 common 2nd .1,500 12% 18% Jan 24 3774 34 108 54% 16 % Jan naee 37% 34 29% Amer shares Endicott Johnson 4% 38 34 *107'A 8 preferred Emerson 3774 34 10 Storage Battery conv 38 34 Corp I Co Auto-Lite Co 5% 9 108 38 loo Stores National 2,300 *107 34 common Co E'ec ft Mus Ind Elgin 8,700 1 preferred Electric 27% 31% 37% 117% 50 400 27% 7,200 34 50c l 1,700 31% - 37% 9 100 FRIDAY 8% 1874 ' 108 PH. 8% *13% 18% lo Kodak Products Electric *107 9 3,400 3,400 GOOD lo preferred Elastic Stop Nut Co 54% Apr 4 20% Sep 18% Mar 31% lo 4%% 48% Mar 18 11 25% Dec 22 12 31% • Stainless Steel 4%% 49% Mar 29 14% Jan 14 2 6 12% Jan 11% Mar 35% Jan 30 9 2% Mar 11 2 15 9% Dec 4 45% Mar 12 27% Jan 8 13% Sep Sep 18 40% Feb 23% Jan Apr 16% Apr 1%'Jan 9 Mar 12 31% No par Manufacturing Co 85"% Feb Feb 31% No par preferred Eaton 22% Jan 15 P9r 15 20% Jan 57 Dec 44% Apr 6% 7 11 2% Apr 37% Jan 16 3 20 22 6 Feb Feb 29 Sep 171 94 17% Feb 24 31% 8% 9 4,800 1,600 CLOSED 69 2% 2774 31% i Corp Eastman 24% Dec 102 26% a Eagle-Plcher Co 1 14 27 a Eastern Airlines Inc Eastern 9% Jan Jan 26% 50 4 169 27% |Oo Corp Feb 18 26% _100 preferred 18% Feb 174 18% Rn 25 v 18% io —— 4 9' 2% 8% 18% STOCK EXCHANGE 31% *64% 9% 50 4 ?% .69 IP 31 31 *04% a com 12 31 19 18% 29 preferred 2% 31 % 69 1,500 6474 65'A *10(1%' 101 19 8% * Ho par Cigar 65 101 . 18 % (EI) ft Co—. 15 % Jan 15 2% l common 22% Jan 20% Apr 64% 30% preferred 4.20% ' *64% preferred DWG 65% W RR Co.100 No par 18% Jan 21 Oct 18 64%- 1874 No par 8 1 % Dec 30 Mar 19 10% Feb 64% 100% common 19% Mar 27 15% Mar 17 23 % Dec 44 53 4% 64 100 common__No par Nem 4,900 14 19% Corp 43% 2,900 14,300 29 preferred Co 44% 15% 14 % 101 % preferred 15 29 i Duquesne Light Co 8 15% 15 14 No par 4 15% 29 No par 48% Jan 15% 14 series 2 May 28 12% Sep 39% Sep 5 44% 15% 28% convertible $3.75 15% 20 Chemical $4.15 30 99% 18% $4 preferred series A Dresser Industries common ; 20 95% *98% 99% 13% series 4 93 *95 99% 93 95 100% : Mar 12 *92% 94% 93 94% *98% 28 % $3.50 Mar 92 9474 99% $4.50 49 92 *98% 95 Preferred 53 1,900 97 Preferred 12 6,000 3874 *98% Common 50% Jan 1474 38% *95 123% Apr 15 122% Mar 30 6 14% *93 100% Apr Jan 52% Feb 6 20% Sep 22 13% Dec 4 8% Dec 48"% Jan 45 14-74 3874 18% Duplan 48 703 1474 38% 100% 12 27 57% 14% 38'/a 18% 26 Apr 47% Apr 57% 14% 38% 100% 8% Jan 42 57 14% a 38% Jan 30% Mar 24 2,900 37% lOo 4 13 200 14% 44% 15 28% Jan 43 44% Apr 4 42% 44% Jan 30% Dec *1374 42% 60 7 14 57 14% 42'A 14 loo 2 25% Sep 57% 57% >13% 13.»0 Western Douglas Aircraft Co Inc 2 42% 57 4% 44% ft 12% Jan 6 14% 91 4% t 800 108% Dec 118% Jan 12 *13% 33% *89% 4% 17,700 10 11 14% *33% 91 4% 34'A 30 94% Jan 4% 29% preferred Dunhili International 115% Jan *4Va 42 1,800 34 >89%. 4% 43 2,700 34% 4 104% Jan 333 91 2,900 51% 2874 15 3 33% *89'/a 27 136% 34% 75% Jan 2 33% 33% 91 51% 29% 34 12 27 *135 51 34% ■=18% Jan Jan 27% 136% 5074 2v% 13 97 27 *135 50 341/4 14 4 27'/a 136% 49% 29% Feb 23 27% >135 27,200 34 43 Jun 27% 50 800 10 29% 83% Jan 89% Jun 57% 9% 34% 2 109 57% 10% 37% -No par preferred series A 50 de 58 9% 30% 2 Pont 57% 34% 4 du 98 6% 29% 33% Feb Jun 98 10 100% Jan 6% Dec 7,500 7 98 20 8 91 200 6% 6% *9774 « 800 4,100 29% 10 Corp Corp-Seagrama Ltd Corp 3%% 7% 29% 4,200 : 45 5 5 30 30 9 9% 15 15- 5% 52'A 8% 44% 43% Jan 25% Apr 82% Apr 5% 52% 9% 974 24% Jan July 29 30% 7 5% 53% 8% 4474 102% Jan Dec 5% 53 9'/8 200 974 Pepper Co Dome Mines Ltd Dow *30% % 200 44'A i conv 5 54% 9 57% f Co % *53% *170 9% Match Cup 5 200 700 44% 10 75 1,200 1374 9% 29 36 13% 13% 43% 15 4 80 13% *170 .13% 6,600 9% 17% Sep 38% Jan 17% 43% 94% Jun 103% Mar 26 81% 17% 9% Dr. 4 Mar 31 26 8174 18 43% Stores Dlvco 54% Mar 30 87% Dec 25% 82 1 Corp cum cum Distiller*! 4 16 26% 50c Diamond T Motor Car On Jan 29 33% Jun 4.40% Diamond 4 11% Jan 16 17 10 38% Apr 1 34% Jan 28 9% Mar 17 Sep 26 108% Feb 25% 98 100 Devoe ft Raynolda class A Diamond Alkali Co common 9 10% Mar 15 13% Dec 13% Feb 31 % Apr 28% Mar 24 60 Jun 7 4 Mar 29 10% Jan 57 10 Jan 29 280 98 100 De Vllblss Co Steel 12,900 50o Detrdit-Mlchlgan 8tove Detroit 47% 104% *16% 7% 100 Edison 5 45% 104% Co Detroit Hillsdale ft 8 7 4 12 Detroit 29 19% Anr 12 29% Nov 12 13 Jan 10% Jan 33% Jan 2 3 300 45% 10474 *81 42 7 Derby Oil Co (The) 8 33% Jan 17 *13% 1 80 33 42% 104% 105" 98 *4% 2o Escrow ctfs for preferred 5 10 3 21 19% Mar 42% 700 3,200 1 Inc Lack 15 13 Jan 33% *89% com A common Feb 18 34% Feb 7% Sep 25 Feb 2% Jan 40% Feb 14% May 25 13% Feb 4 15 i 100 Denver A Rio Grande West Escnw ctfs for common new 13 14% 33 100 26% 13% 26% 5% 50% preferred Delaware 2674 14% 33% 18 13% 136% Delaware Power ft Light Co 13 93% Jan Co 26% 13% 33 % 82 '170 54 50 2.50 1,800 12,900 100'A 25% 13% *135 Delaware ft Hudson 2 4 14 Jun 12 25 30% Mar Aug 9% Dec 9% Sep 10% Sep 15% Feb 7 Dec 17% Sep 18% Sep 30 4 Apr & 7% 8 Rubber Records Deere 34% Mar 23 46% Feb 99 July 24 25 9 60 29 7 2% Dec 30% Apr *27% l 174 35'/a 35% *99 82 *16% 200 7 2,300 33% 10% Deep Rock Oil Corp 13 Apr 28 42% "104 % 27,500 4 1% •« 40 2174 14% 42% *97% 2674 26% 14 *32 '/a 58 series B 19% Jan 24% Jan 14% 32% 10 series C 46 2 26% 58 series A 3.75ft 10% Jan 23% Jun 61 Preferred Preferred 3.90ft 14 52% Feb 16 Preferred 3.75ft Mar 12 Feb 99 14 10 11 18 15% Oct 6 Apr 3574 99 10% Inc 24 21 24% Jan 96 100 174 35'/a 58 Dayton Power ft Light common 1 13 11 (The) aeries Apr 40% Sep 10% Oct 55% Dec Daystrom 4 4.60ft 9% Feb 28% Jun 81 % Preferred 35% Jan 30% Jan 33% Jan 15 39% Mar 96% Apr 174 35% 100% 104% Dana 9 58 % Apr 1% 35 40 8,200 180 *3% *99 26% FRIDAY 21 4 3% 10 Corp common 3% ft preferred series A Davega Stores Corp common 5ft convertible preferred 52% Mar 15 1% 50 GOOD ""Va *17874 21% 35% 32% 13% 4 9b % 71% 179 20% 100% 100 90 57 1% 400 6,400 100 98% 13% 179 20% 3% 9974 *98% luO 73 181 20% 4 No par 4 1 *179 20% 9974 100 *98 Va 73% 58 pfd Inc 11 40% Nov 10 181 41% _ 15 15 26 May 28 Apr 28 26% 100 72% 900 3,100 . l 4% Jan 11% Dec 34% *99 *98% 73% *3% 99 *98% 104% common 87% Jan 82 % 20% 100 99% 99% No par preferred Curtiss-Wrlght 30% Jan 33% Jun *179 99 30% 8 Mar 16 72% *30% 8% Mar 17 17 CLOSED X 99% 99% 9% 40% Mar 25 Sep 9974 100% 8% Feb 49 EXCHANGE 5% 92 4 61 % 52% 22 14 % May 61' 8 52% Apr 13% Aug 20 31% Jun 19 61 10 common 15 Jan STOCK 60'/a 8 Inc 29% Sep 22 28% 61% *98% 28 pfd 83% Dec Dec 28% Drug Stores Inc 2.50 Curtis Publishing common .—1 $7 preferred No par 9 10% Mar 31 27% Apr 28% 100 58% Apr 4 7% Jan 25 49% 28% 99% Cunningham Mar 49 29 61 par preferred non-cum 5 99 49 % 29 61% *98 2 of Amer common convertible 3 4 49 29% 61 2.5q No 50% 49% 29 1% Corp common 29 5 31% Sep 4 *49% *48% Corp (The) Feb Jan 93 15 3,200 .29 9% Jan 15 2 50% 100 6% Jan 57 6 8% Mar 57% Feb 21 23% Sep 5% Apr 52% Apr 100% Jul 28 31 49% Sep 6% Sep 29 8"% Apr Sep 21 5% Sep 15 93% Dec Mar 17 *49% *170 Jan 8"% May 21 50% 18 Jan 12% Mar 19 *49% 82 17 64 50% 26% 185 18 2,600 24 *49% 25% Cuba RR 6% 21 4,200 2674 2374 82 9 26 15 Nov 6% Sep 24 2674 *17 Apr 20% Jan 31 Jun 23% 27% 100 82 5 24 11% Dec 23% 23% 1QO 4 14% Jan r 600 23% No par Crucible Steel 72% Jan 5 Mar 17 8,100 12,000 :. 23'/a Cuban-American Sugar common.-10 7% preferred 100 12 26% Apr 89 9 *26% Corp- preferred 36% Jan 17% 8% 23% ■ common 15 66 17% 9% 23% Corp Zellerbach $4.20 65 17% 27% 1 $2 preferred 1 Apr 65 17% 23% Corp Crown Cork ft Seal Common 14% Mar 18 4 11 8% 63% 17% 90 series perferred Cream of Wheat 21 27% Jan Jan 29% Jan 2 Co 3% % 9% 63% 22% 1 24 68% Sep 13% Dec 131 Crane 8% 63% *17 27 Inc 4 29 52 Coty 1 % Jan Jun 180 17 28 % Jan 10% Dec 103 4% Feb 91% Jan 28 May 18 20% Sep 15 3% Mar 16 3 25% Jan 91 7% 5,300 24 Refining common 29 preferred 100 Cosden Petroleum 9 500 2,200 84 27% Products 15 8274 6,400 90 5ft 21% Apr Jan 2 Jan Corn 83 11% 2374 preferred 100 Cum pfd 3%% series of 1947.100 99% Apr 81 8% 19 222.-/4 Work* common Glass 81% Shares 27% 3 % ft 21 Mar 34 % Apr 1 Corn l ag 80% far the Week 9 series Electric 4 16 20 Jan 63% Feb 80% 8% 1 Corn Exchange Bank ft Tr Co—29 18 95% Jan 96 % Jan pref 6ft Dublller Cornell 11% 17% 14 Apr *18% 11% 63% 21 20 8% 18% 11% 62% 19% Sep 19% Sep 2 8% 1874 11% 17% Corp Id Cooper-Bessemer Corp common 9 Copper Range Co Me par 6 8% 18% 11% 1 Continental Steel 5 8% *18% 1-1% 9 Continental Oil of Delaware 15 24 -10 — 8% 18% 8% Friday Apr. 16 Apr. 15 80% -29 Bales Thursday 18% Continental Diamond 15% Sep 19% Sep Apr. 14 8% Continental Cop ft Steel In* 5% convertible preferred- 13% Mar 48% Oct Wednesday Apr. 13 11% 15 16 84 MLI PEirna Tuesday Apr. It 9% Sep 8 NTOH -Monday EXCHANGB 17% Jun 7% Sep Cutiaittf—-Pact 4 ^ STOCKS Range for Previews Year 1953 .Monday, April 19, 1954 27% 9% 27 16% 17 % 1674 68% 69% *7174 74% 68 % *7174 27% 17 68'% 74% .1,600 350 :3.500 16.900 33,400 .11,800 1,300 ♦6,100 180 500 123,300 6.200 '7,000 13,800 H.300 100 13,600 774,000 6.700 -1,200 Volume 179 Number 5317...The Commercia: and Financial Chronicle (1733) NEW YORK STOCK RECORD NEW Range Since Jan. 1 Year1053 Sep 14 14% Mar 11% Jan 4 15% Feb 26 12 Nov 10 16% May 12% Feb 16 13% Apr 8 14 59% Mar 411'. Ton 4 69 % Apr 8 July 13 1% Apr 14 2% Jan 18 28% Mar 25 21% Jan 2 ■1 3 2 Jan Sep 14 11 56 Mar Apr 6 26 Jan 27 24 16% Apr 8 Feb 18 Oct 9 66% Mar 9 58 Sep 14 53% May 7% Apr 4 14 48 1 8% Dec 29 105 35% Sep 1 Jan 5 38% Jan 4 Mar 2 99% Jan 5 , 5% b% conv 4 5%% 15 Federal 19 Federal-Mogul 43 Mar 10 104% Mar 26 Jan 15 8% Jan 4 10% Apr 15 Felt Oct 7 29% Jan 2 20% Jan 4 26% Apr 13 Ferro 67% Sep 14 86% Jan 5 86% Apr 15 13% Jun 8 53% Sep J.5 18% July 30 75% Jan 6 1 107 Oct 26 May 8 7% Dec 30 54 Dec 21 101% Jun 41 13% Mar 17 31% Jun 9 11% Dec 31 22% Feb 11 92 Sep 16 33% Oct 6 15 12 63 Jan 12 105 Apr 7 49% Feb 17 53%. Jan 5 8 8% Jan 25 7% Mar 50 3% 24% •42 100 103 22 43% Jan 2 37 % Jan 12 41 Mar 16 6 98 Mar 12 94% Jan 4 100 Mar 16 15 19 Jan 11 24 29 9% Dec 30 13% Apr 13% Apr 39% Sep 1 Mar 8 600 5,800 83% 84% 84 84 : 84 84%. 85 86% 2,600 18% 11,800 Power Follansbee Steel Food Inc common 15 Corp convertible 3%% Francisco 7 Franklin Freeport 14% Jan 11 Jan 7 12% Mar 15 Froedtert 27% Mar 24 23% Jan 4 27 Mar 18 Fruchauf Trailer 79 69% Jan 4 78 Apr ■ 5 4% Co Co 1,500 7% 7% 7% 2.100 31% 10,700 31% 31% 102% 102 19% 19% 19 19 32% 33% 32% 33 3,700 43% 43% 43 % 43% 4,100 33% 33 33% , 30% 330 102% 600' ' 43% 13% 38% *99 43% 43% 43% 13% 13% 38% 13% 37% 100 100 ' 96% 99% *97% 22% 22% *7% *10 10 58% xl2 1 26% *76% 39 7% 10% 39% 37% *99 13% 1,400* 39% 9,100 100 39% 39% 39% 39% 95% 99 96% *95% 96% 99 ♦97% 99 *97'% 22% 22'% 22% *7% 13% 13% 38 100 *99 96% 22% ' 13% 37% 38% *99 96% lOf common - 50 51% ♦101% 19'/a 32% No par preferred 7% K 51% 31% 19'% 39% 1 3,600 52'A 52 30% 19 95% 1 74 106 *101%. 102% 30% 102% 19-. 39% a. 106 77/a *97% Corp Co 52 13% 72% 106 7% 10 Corp Sugar Stores Sulphur 19% 75 74'% 106 • 100 preferred Corp Mar 18 7% 18% 74%. 106% 51% : ■ 19 / 74 51% 30 % 10 preferred Jan 18% 106% 100 3%% 62 19 75% 106% *101% 1 of '51 ser Machinery & Chem Foster-Wheeler 7% No par 10 Corp 11 8 51 7% pfd cum 4 Jan 106 % 1 Stores $4.20 div 6% Jan 25 18% "75 No par Florida Power & Light Co 45% Jan 8% Jan 480 10'/a 25% 100 Stores 15 4 103% 10% (The) 13 51% Mar 17 Mar 22 103% 25% 1 preferred First National Food 103 % 10 Corp Fair 103 % 104 900 10 Corp 42% Mar 31 3,300 26 Florida 14% Jan 41% 10 4 100 % Mar 19 41% 25% 7 4 42'/a 26% 38% Jan 7 900 41 % FRIDAY 10'/a 28% Jan 4 3% 24% *9% 7 11% Jan 300 3% 24% 25% 21 93% Jan GOOD 9% 39% Oct 30% Jan 15,200 56 25% 29% Dec 6 CLOSED 69 25 *24% ! 42 ;f • *103 3% 10,600 9% Co 5 104 3% 25 W ,; 41% 42% ■ 3% EXCHANGE 251/8 Florence Stove 3 3% 25 *65 *55% 1 ' 25% 16 % 16 56 3,100 STOCK 56 1 13 Jan 69 *55% 24% 1,500 5 15 17% Jan *65 56 24% 14 31% Dec 69 56 3% 6 6 31% Apr 5 *65 2 102% Apr 19% Apr Apr 16% 69 5 33% Mar 31 25% 16 56% 7 44 *53% 24% 16% *65 Fidelity Phoenix Fire Ins N Y Firtb 55 *53% 25% 16% *55 Co 55 24% 16%' 50 Corp Mfg *53% 24% 16 50 Corp 4%% 55% 24% A Corp Tarrant *54 1 series ser 1953 400 18 % par preferred Sc 4,100 23,300 j 15%' 4 88% Jan 22 16% 15% 16% Jan 20 Dec 12% 16% 18 25% Jan 12 00 22% 12% 16% 15% Firestone Tire & Rubber com—12.50 27 21% Sep 15 22% 12% 16% 18 % 98 % Jan 9 22% 12% 16% 18 % 9 Jan May 15 22% 12% 15% 9 Apr / 23 % Jan 10 22% 12% 15% 27 10 22% *161% 17 18 «/4 11 103 100 18 19% Apr 96% Jan 9 Jun 1% 15% 76 107% Mar 19 . 26 Jun 89 *1% 15% Filtrol 14% Sep 6% Dec 81 1% 18% Mar 25 99 1% 15% Feb 32 100 1% 2 18% 24% Feb 18 93 *1% *1% 800 1 Carpet Co 6 Flintkote Co (The) common-No par 34 preferred No par Sep 10 16% Aug 24 21% Jun 10 25% Sep Feb pfd pfd conv Fa wick 4%fr 19 76 2,200 2,900 . 1 Federated Dept Stores common July 14% Jan Corp cum 8 4% Jan 04 13 Co & Fansteel Metallurgical Corp No Fedders-Quigan Corp common 25% Feb , 19 Jan 23 66% 2.60 Finance Corp common preferred series B 56% Apr 8 3% Apr 5 64% Apr 48% Feb 24 27% May 21 64% Family 40 1 66% 1 48 Oct 66% 18% Mar 13% Feb 52% Jan 3% Dec 31 67% Falstaff Brewing 1 5 22 66 9 17 V* Jan , 68 67 16% Feb 8 22 13% 11 Jan 9 14% 13 13 '/a 16% Mar 24 14 14% 13% 23% 19 14 14% 13% 12% 17 Mar 13% 13% 22% 13 Jan 14%, 13% ♦16% 15% Jun 18 '13% 13% __No par 14% Oct 57 Morse Corp Shares Apr. 16 14% 3 Buffet the Week Friday Apr. 15 « Falrcblld Engine St Airplane Corp_l Fajardo Sugar Co 20 15% Jan 34% Apr Corp 14 Sales far Thursday xl3% Fairbanks 23% Mar ' 5 15 1 Apr. 14 1 16% Apr 24 —i-B" a Inc Exchange SALE PRICES Wednesday Apr. 13 1 22% May 11 21 Vx-PpIIo Co HIGH Tuesday Apr. 12 27 10% Mar 25 29 10% Sep Eversharp * 18% Jan 15 21% Sep Products Evans AND Monday Par 13% Apr 4 11 6% Sep 16% Dec 48% Jun STOCK u 10 39% Sep YORK LOW EXCHANGE Highest Lowest Highest Lowest Continued—Page 5 STOCK8.,^.. Range for Preview 7% 22% 7% *7% *7% 9,600 350 4,800 22% 7% 10% 10% 10 % 10% 10 % 10% 600 59% 58% 59 59% 60% 60 60% 5,300 12% 12% 12% *12% 12% 12% 12% 900 26% 26% 26% 26% 26% 26% 5,200 77 77 77 77 77 , 26% 77 *76% 45 G 7% Mar 5% J»n 11 6% Jan 22 Jan 4 23% Apr 15 6% Jan 4 7% Apr 39% Apr 1 1 28% Mar 8 4% Sep 15 15% Sep 6% Sep 15 20% Jan 28 15 34% Jan 23 3 19 Gabriel Gair Co Co (The)— Inc 10 27% Jan Jan 13 21 28% Jan 27 22% Jan 4 25% Mar 19 15 33% Jan 20 24% Jan 7 .29% Mar 31 3% Sep 14 7% Mar 12 3% Apr 25% Sep 14 37% Mar 12 26 28% Fob 11 21% Aug 31 20 Dec 22 29% Mar 24 25% Jan 22 30 Apr 13 Gaylord Container 27% Jan 20% Jan 24% Apr 15 General American Investors 10 142 4% Feb 12 Feb 24 4 Co Garrett Gar Wood 4%% 38% 38'% 38% *37 38 200 27% 27% 6 25% *25 Industries Inc 27% 27% 1 3% 3% 3% 50 *26% com preferred Corp 26% 26'% 26% 26 % 27 30 29% 29% 29 % 29% 7,000 23% 23% 23% 24% 24'% 24% 24'/a 4,700 *106 106% Mar 2 General 43% 44% Jan 6 General X10% 10 J/4 145% 145 % May 141 148% Feb 4 $8 Apr 1 18% Jan 4 23% Mar 11 General Bronze 14 10% Jan 4 11% Apr General Cable Feb 2 75 Apr 2 9 34 % Apr 1 78 6 Mar 24 Mar 25 Jan 8 35% Mar 25 19% Jan 2 71 30% Mar 18% Jan 20% Jan 2 122 Jan 11 Jan Feb 26 6 128 15 7 15 11% Apr 4 11% Dec 14 8 4% 1st 4% 7% 46% Mar 24 36 Jan 4 44% Mar 22 48% Mar 24 39 Jan 4 46% Mar 22 July 28 35% Jun 16 66% Apr 8% Sep 6 02% Dec 3 15 11% Feb 26 50% Jun 23 61% Dec 16 88% Jun 18 94% Jan 2 9% Dec 31 Jun 17 113% Jun 22 Jun 11 53% 8ep 112% Jun 14% Mar 19 61 Jan 124% Jan 15 9 2 Jan 14 69% Feb 4 119 tTi Jan 5 56% Feb 4 Jan 8 94 ' General Electric Finance 15 General Foods 16 General Mills 67 % Feb 4 124% Mar 4 131 3 Mar 10 69 % Apr 13 General $5 5 118% Jan 4 125% Mar 30 99% Jan 14 100% Mar 30 5 .(95 Jan 22% Jan 4 25% Feb 11 25% Mar 16 Motors General 54% Mar 30 48 % Jan 8 57% Apr 15 General 27% Mar 23 25 4 35% Mar 23 General 55% Dec 8 59% Dec 21 57% Jan 4 70 3% Dec 10 4% Jan 5 3 % Jan 4 23% Jun 10 Sep 18 93 May U 10% Jan 29% Dec 37% Jan 28 16 100 Oct 21 14 Dec 2 28% Jan 18 25 % Mar 26 25 31 % Apr 15 29% Feb 8 Mar 15 series Precision Eqp General Public 5% 3 20% Jan 12 23% Feb 26 General Refractories Jan 12 47 Apr 1 General Shoe Apr 12 1 General Realty & Utilities— 87% Jan 6 34% Jan 6 45% Nov 25 44% Jan 4 50% Apr 15 25% Sep 22 31% Feb 2 25% Jan 7 29% Apr 14 General Sep 18 34% Mar 11 Jan 28 100% Apr 29% Jan 4 35 Apr 86 Mar 22 79 Mar 18 85 July 29 9% Oct 76 28 32% Jan 2 96% Jun 23 Dec 49% Dec 106 75% Jan 4 1 72% Feb 16 15 10% Jan 4 May 11 18% Jan Dec 99 14 16 Jan 11 105% Jan 4 46 12% Jan 12 14 29 55% Mar 29 III Mar 29 105% Apr 15 107% Apr 4 15% Apr 5 Time 4%% 4%% preferred $5 convertible 5% 13 82% Oct 2 80 Jan 8 84 Mar 11 10 % Sep 23 21% Jan 9 10% Jan 4 13 Feb 15 Gleaner Harvester 27% Oct 14 4 34% Feb 15 Glidden Co 7 % Jan 29 Jan 27 15 8% Jan 2o 30 139% Dec 31 Sep 14 60% Sep 21 19 Mar 80% Jan 28% Jan el/2 TTob 139 Apr 13 150 5 11% Apr 15 15% Jan 7 7 77 Jan 4 91% Apr 14 52% Jan 12 105% Jan 5 Goodyear 43% Sep 15 102% Jun 2 108% Feb 4 4% Dec 29 9% Jan 20 Dec 59 9 9 5% Feb 16 50% Mar 17 55% Feb 8 33% Mar 1 Feb 27% Jan 4 4% Mar Dec 22 2% Mar 25 1% Jan 6% Jun 19 9% Feb 25 7 26% Jan 18 34% Dec 30 14% Sep 15 20 % Jan 5 85% Oct 15 98% Jan 28 29% July 16 86% May 22 34% Dec 31 97% Feb 4 16% Jan 7 Dec 22 28% Dec 30 14% Jan 63% Mar 23 61% July 21 29 24% Sep Mar 19 5 109 15 Grace Graham-Paige Motors Granby Consol M S & P 37% Apr 16% Jan 29 86 % Jan 92% Jan 27 33% Jan *37% Mar 2 94% Jan 100 Mar 4 15% Mar 7% Mar 8 8% Jan 5 39% Mar 17 29 Jan 31% Mar 23 17 Jan 19% Feb 10 Grand 5% % Grant Great 145% Mar 78 4 Mar 22 29% Dec 22 40% Jan 2 30% Jan 33% Feb 1 19% Sep 18 23% Mar 25 20% Jan 22% Apr 14 Northern 2 14% Dec 13% Mar 12 87% July 31 95% Jan 90% Jan For footnote* 7 14% Mar 96 Mar . 123 % 123% 123% 500 100% 100 100 100 7% Iron (The) com Green Bay & (H Greenfield 4 6% pfd Sugar com Ry 4%% 120 100 25 1,200 57% 57 57% 3,000 34% 34 34% 33% 34% 4,000 69 68% 34% 33% 68 *68% 3% 3% 31 % 30% 28% 28% 104% *102 13 13 • 3% 31 28% 104% 13% / 1,00'% *'25 1,000 ;r 68 % 300 3% 3% 3% 3% 12,200 30% 31% 30% 31% 13,800 68 % 68 % 700 *28 28% *103 104% ♦103 104% 13% 13 13 % 13% 27% 28 2,300 21% 21% 21% 21% 21% 21% 2,100 46% *45% 46% 46 46 46% 46% 2,400 99 *98 99 98 98 98% 99 21% 49% 49% 49% 49% 50 28% 29 29% 29% 29% 100% *100 102 *100 50 ♦29% ♦100 102 540 50% 13,700 29% 1,500 50 102 34% 33% 34% 34% 35 34% 84 84 85 *83% 85 *83% 80 *76 80 *76 80 *76 10,500 85 80 34% 20 11% 4,500 53% 8.900 11% 11% 11% 11% 11%. 11% 53% 53% 53% 53 53% 53 109% 109% 110% 109% 110 *109% 109% 107% 106% 107% 106 % 107 105% 106% 4.100 15% 15% 15% 15 15 '/a 2.800 84 83% 83% *83 13 *12% 12% 12% 12% 12% 12% 300 34% 34 34'/4 34 34% 3.400 ♦138 34% 34 6% 6% 142% 6% 6% *138% 139 139 11% 11% 89 91 89% 89'% 61% 108 % 4% *52 % 31% 15% 15 *83 84 6% 6% *138% 141 2,800 100 84 3.400 6% 50 141 11% 11% 11% 11% 2,700 90 91'% 90 91 5,300 9,600 100 1 32% 1% 8% 37% 61 % 62% 62% 63% 108% 108% 5 5 108'/a 4% 108 V2 4% 4% 600 '52% 53 62% 109% 4% 4% 1% 36% 61% *108% 62% 109 8 52% X53 53 *52% 53% 200 32% 11,100 31% f 32 % 32 32% 32% 700 1% 1% 1% 1% 1% 1% 6.300 8 8'% 8 8% 7% 8% 4.400 36% 35% 36'/2 1,400 6,500 36% 36% 36% 16% 16% 16% 90 90 89 89% 89% 89 % 89 % 89% 1,100 35 35 34% 35 34% 34% 33% 34% 1,600 99% 99% 99% 99 99 97 98 8% 8% 8% 31% 16 . *99 8% *30% 100 144 100 Western RR 16% 31% 16 *30% *71% 16% 16'% 8% 30'% 8% 8% 30% 30 % 8 310 2,600 % 30'/a 20 18 *18 18% 18 18% 2,800 61 60 61 60% 60% 800 53% 53% 53% 53% 53% 53% 10.300 19% 19% 19% 19% 19% 19% 144 2,300 143% 143% 18 *143 75 *71% 145 143 % 143 75 *71% 75 % *71 % / 3.400 31% —1 X31 % 31% 31% 31% 30% 31 & Die Corp—No par 22% 22% 22 22'% 21% 22% 22% 22% 1,000 -3 13% 13% 13% 13% 13% 13% 13% 13% 12,400 100 95% 95% 95 95% 95% 95% *95% Corp Inc (The) — . preferred 1 1,060 96 *• ■ •*'. f' % •f'f >; * ..1— in.* sarsjg r*r-*T*- 60 75 31 Co Tap 1,000 . 25 10 No par Common 1 L) y. 56% 11% Ore preferred Green ■ 11% 12.50 preferred——100 Co common 6 Western Greyhound 12% Jan 123% 19% Gt 26 Apr 123% 123% 53 13 20% Feb 73 60,500 19% 53% Apr 131% Jan 69% 51% 62% Feb 4 2 '68%' No par 11 31 69 % No par Jan 17% Jan Mar 68% *60% 45% Jan Dec 69% ,* 61 58% Mar 25 78 68% 69 18% 19% Mar 27 141 130 61 1 128% July 17 64% Apr 15 *125 18 Northern 29 12 130 Prop—No par Great Northern Paper Co 25 Gt 30 54 (W T) *125 25 6% 1 100 No par preferred Grayson-Robinson Stores $2.25 conv preferred Dec 9 cum 126% 56% 34 No par 6 10 3%% Nov Nov Co Co 126% 25 *12% Granite City Steel common 45 56 Union 130 64% 99% *83 10 18 8 123 15% No par 1% Feb 33% Feb 64% *121% 109 Hosiery No par Gould-National Batteries Inc 4 & 63% 122% Rubber— & preferred (W R) 63 % *121% 10 32% Apr 8% Mar 11 3,100 63% 121 % 11% 2.50 F) 4 12 10% 53% Gotham 52 17% Oct Tire 10,600 97% *76 No par Common $5 6'% 10% *56 % 34% No par Corp 4 Jan 19% Nov 27 (B FRIDAY 60% 3,300 63% 100% 9 common (The) Co GOOD *83 1 1 preferred—. Goodrich 10% 121% 49% 100 Goebel Brewing Co Gold & Stock Telegraph Co; Goodall-Sanford Inc 38% Mar 20 6% Dec 130% Jun 10'/a 106% 15 $4.50 10% 800 30,400 *96% 98 28% preference—No par Brothers 61 % 8,800 CLOSED 21% pfd called conv Glmbel 60% EXCHANGE 43 45% 111 *24% 99 1O0 12% Sep 79% Apr 16% Mar 25 10'% 10% 45% *46% 2.50 * 10% *93% 42% 109 % 110 56% 13 -100 3% % preferred Georgia-Pacific Plywood Co Gillette (The) Co common 45% % 1,500 25 28% 20 com_ 43% 43 45'% 108 100 STOCK 100 *102 common_No par & Rubber 64 % 10% 11% 122 3% 1 Corp 93 10% 123% *67% No par preferred General Tire 9 13 V« Jan Corp 61% *96% X30% _10c Gen Steel Castings $6 pfd General Telephone Corp 60% 34 __No par 99 43% 128 11% 56 0 100 43% *126'% 24% 1 par 11% 61% 100 _10c Railway Signal com_No 126% 11% 11% 10% 123% 1 preferred 126 % 128 10% 68 % par General Public Utilities Corp General 1,000 10% *125 6 Corp 600 19% 45% 63% No par Service 34% 19% 60% 100 Portland Cement Co 75 34% 19% 108% 121% 20 75 34'% *45% 10% ♦74'% 75 107% 98 8,100 19% 45% 10% 1,200 11% 34'% 108% *96% 1 Advertising-No 43% 22% 11% 19% 10 % No par $3.75 Outdoor 4 13% Feb 42% *45 10 147 22% 1 % 34 107% $2.90 convertible preferred- No par Mar 22 3% Jan 103 Preferred 12% Jan 100 11% common 51 99 Sep 8 22% Sep 15 74% Dec 16 *126% 11% preferred Corp 16 41 127% 100 18 Apr 23 96% Mar 10 *125% No par 19 Sep 15 40% Nov 12 86% Dec 30 25% Feb 19% Corp Jan 100 74% *33% 19% No par preferred 123% Jan 25 74% 34% 19% 1 common preferred 3%% convertible 2 Jan 75 ■> 34 5% Sep 15 21% Sep 15 42% Aug 31 21% Sep 15 v91 *74% 11% com Instrument 4 58% Jan 11% No par General 5 123% Feb 26 22% 11 No par Corp 1 Jan ♦145 22% 11% —10 preferred 11% Feb Jan 10 147 *145 22% Corp 60% Jan 119 2,000 No par Co General $3.50 4,300 10% 11% General Dynamics Corp common—3 Preferred ($2 cum conv) No par 15 8 44 10 100 19 Mar 43'A 10 22% Corp— preferred 10 106 % 44 11% Contract Apr 101 147 *105 400 10 23'/a preferred 61% Apr . *145 106'% * 43% ;; 100 50 Co Inc com 10% Jan 111 4 9% Jan 10% *105 44% 10 11% preferred 2nd preferred series 6% 106 43% 23 0 com conv General 106 >' No par Corp Corp General Cigar 3% 6.400 4 26% II 22% Mar 17 4 29% 46 155 2,700 27 107 1 27% 29% 12 100 500 27 % 23% com—1 Amer Transportation—2.50 Baking Co common _5 preferred No par 4 27% 25% 29 1.66% preferred 700 27% 25%. 27'% 27% 4 17,200 27'% *25 27% 6 23% 25% 27% 25% 27% 13 July 6 2 (The). 18 129% Apr 7 38% 27% *25 Jan 9 1 39% 27% 6 Jan 28 49 *38% No par 9% Jan Dec 11 2,100 38 10% Nov 69 7 103 29% 8ep 16 16% Jun 10 106 X7 6 5 52 22% 7'% Co convertible $4.50 23% 7% 18 15 31 preferred (The) Corp *5% 23 % 7% 40% Dec 14% Mar 18 Mar 25 convertible Gardner-Denyer 5% 23% 7% 104% Feb 9% Sep 117 10 5% Gamewell 500 5% 23% 7% 24 17% Jan 70 5 6 common Sep 15 ' Nov 19 98% Jun 31 2 5% 23% 7% -50 30 21% Sep 22% Sep Inc 23 I common 20% Jun 33% Dec 5% • X (Robert) Gamble-Skogmo 8% Apr 13 38% May 19 h Ai- «. . A > ?• ^ 17 18 The Commercial and Financial Chronicle (1734) ... Monday, April 19, 1954 Continu8d-Pa£C 6 NEW YORK STOCK RECORD ■ -1- STOCKS Range for Previous Range Since Jan. 1 Highest Year 1053 29 22% Jan 11 9 4% Jan 4 5% Feb 2 1 Guantanamo Sugar 4% Dec 31 26% Dec 38% Jan 5 26% Mar 29 30% Feb 11 Gulf 29 66% Sep 21 77 Jan 5 68% Jan 4 74 % Feb 1 $5 41% Sep 50% Mar 27 45"% Jan 4 57% Apr 6 Gulf 14 26% Jan 29 28% Dec 16 90 July 1 103% Jan 16 Jan 24 105% Jan 8 103% Feb 18 97 July 2 Jan 8 105 Jan 15 15 36% Mar 5 35 Jan 27 15 30% Dec 29 % Feb 29% 103% 108% 106% 11 Jun 2 22 105 Apr. 13 25% *4% 26% 25% 5 ———__—.—a 5 HIGH SALE PRICES Wednesday Apr. 14 25% 4% 25% 5 26% 26% 4% 29% 4% Mobile & Ohio RR com_No par 28% 28% 28% 29% preferred 71 71 71% *71% 71% 56% 57% 29% 104% Oil No par Apr. 16 the Week Shares 27,400 27 500 4% 28% 29 71 56% 71% 500 57% 21,700 29% 29% 3,900 6,400 55% 56% 56 71% 56% 29 25 Corp 29 Sales for Friday Thursday Apr. 15 29% 29% 29% 104% *103% 104% 29% *103% *103% 104% 107 *106 107 *106 107 *105% 107 108 *106% 108 *106% 108 *106% 108 Gulf States Utilities Co— 92 Jun Apr. Vi AND Tuesday Par 8 % Jan 20 Monday Grumman Aircraft Corp 28% Mar 23 28% Jan 19% July 28 STOCK YORK EXCHANGE Lowest Highest Lowest NEW LOW 101 / -No par Mar 16 Mar 25 Common $4.20 dividend Feb 10 Mar 26 $4.40 dividend preferred preferred— 100 $4.44 dividend preferred^ 100 *106% 25 *37% 38% 38% 38% Well Cementing__5 Printing Co 5 37% 37% 37% 37% 37 37% 37% 38% 17% 18 17% 17% 17% 18 17% 18 100 *103% 107 ~Io H 32% Sep 23% Sep 16 Jan 18% Dec 2 30 12% Mar Hackensack Mar 12 8 18% Feb Hall 71 Jan 30 63% Jan 5 69% Mar 18 12% Sep 16% Jan 5 12% Jan 4 17% Apr 10 103% Jan 5 105 % Mar 9 2 24% Jan 4 28% Feb 3 Feb 25 25% Jan 29 100 14 Jan 23 Jun 8 22% Sep 15 31 Feb July 9 22% Dec 29 145 Feb 2 26 % Aug 105% Feb 4% Sep 14 31% Dec 24 11% Jan Sep 23 21% Dec 22% Jan 11 5% Jan 19 Jan 131 7 Mar 29% Jan 6 11% Feb 17 13% Jan 5% Feb 9 22 % Feb e2 6 9 4 6% Hayes Hecht 4 87 Nov 5 4 88 34% Jan 22 32 % Apr 12 35 Jan 91 Apr 20 97 Jan 21 94% Jan 22 98 Mar 11 21 % Dec 29 26% Feb 5 21% Jan 26 22% Feb 10 5 36% Apr 9 34% Dec 14 13% Dec 2 60% Sep 113 35 38% Mar 13 20% Apr 74% Jan 17 126% Jan 9 37% Sep 15 48% Jun 4 23% Sep 12% Sep 14 Feb Jan 6 83 121% Feb 2 125 68 6 44% Feb 3 39 .Tan 14 53 Apr 26% Jan 11 18% Feb 2 14% Jan 73% Jan 7 68 91 Feb 2 20 Dec 10 8% Sep 10% Dec 16 12% Mar 11 31 22 4% Dec 30 29 Mar 27 Mar 7% Jan Jan 81 % Jan 18% Mar pfd—No 5 89% Apr 1 19% Feb 4 18 4 10% Jan 4 14 Jan 4 7% Apr Inc 91 July 17 96 Jun 22 Jun 54 Sep 15 79 1 64% Jan 8 14 Dec 29 17% Jan 7 15% Jan 6 9% Sep 14 3% Nov 18 21% Jan 6 11% Jan, 4 2% Mar 25 7 99% Jan Oct 7 9% Sep 21' 12% Dec 29 2% Sep 15 40% May 25 46 151 86 14% Mar 11 Jan 2 19% Jan 8 5% Mar 19 24 Jan 5 48% Mar 25 70 70% 70% 7034 71% 1,300 69% 1,000 Co com 5 69% No par *100% 2nd preferred conv 3%% 4% preferred 4.40% preferred- Light & Power——_No Oil & Texas *35% 35% 52 95 95 4 Va Jan 9 % Mar 102% *101 102% *101 102% *104 105 % *104 105% *104 105% 35% t *16 % 7% 7% *7% 8Va *7% 8 Va 7% 7% 47% 47% 47% 47% 48 % 46% 47% 3,300 9% 9% 9% 9% 9% 9% 9 Va 9% 20,900 17% 17 Va 17% 1,200 3Va 9,300 -12.50 14 11 17% Apr 3% Feb Hunt 2% Jan 4 23% Feb Husaman Refrigerator Co • Foods Hupp Inc 6.66% , preferred 50 6% noncum Illinois Power 50% Feb 26 53 5 4.26% 53% Apr 12 54% Apr 15 54% Feb 15 4.70% 4 8% Jan 11 10% Mar 4 4 Jan 25 7 39 Jan 21 28 97 Jan 4 108 Feb 11 23 162 Mar 23 170 100 No par common preferred cum Ingersoll-Rand Jan 26 5 40% Jan 4 48% Apr 15 U 25 >/a Apr 14 24 5 13 Insuranshares 10 Interchemica! Corp 92% Jan 14 1 166% Jan 14% Jan 16% Feb 4 4%% 1 Jan 5 340 27% Jan 4 31 44% 44 104% Interlalce Business Feb Int'l 159 Jan 4 169% Mar 5 25 Jan 5 6 39% Jan 2 28% Jan 4 32% Apr 35% Apr 13 90 77 94 7% Int'l Int Jan 8 Feb 23 1% Oct 7 2% Jan 2 1% Jan 5 2 %' Apr 12 47% Jan 5 34% Jan 4 13 Int'l 132% Mar 11 130% Jan 4 40% Apr 135% Apr 15 13% Apr 9 128% Sep 9% Sep 15 12% Mar 18 47% Jun 16 59% Nov 103 % Nov 16 10 Dec 30 10% Mar 17 45% Dec 29 64 May 29 55 Jan 40% Feb Jan- 9% Jan 55 Jan 5 4 4 7 29 24 10 31% Dec 18 8 33% Jan 22 23 % Dec 29 30% Mar 18 9% Sep 15 11 29% Jan 19 41% May 21 14 22% Jun 15 31% Mar 16 26% Mar 16 15 % Dec 22 30% Jan 109% Dec 10 Feb 6 11 13% Jan4 29% Apr 1 31% Jan 12 Jan 10% Jan 30 5 24% Jan 4 14% Apr 6 115% Mar 22 ,18 Va Jan 20 120 25 Jan 4,800 164 8,600 200 29% 29% 29% 30% 6,200 96 96 ♦93% 95 *93% 94% 933/4 93% 60 15% 2,800 - 15% 15% 312 315 30% 30% 168 169% r31% 31% 15% 15% 310 15% 312 30% 30% 168% 15% 311 316 30% 30% 322 30 % 30% 167% 3,400 168 V4 169 168 % 169 30% 31 30 35 35% 35% 35% 93 93 41,900 30 930 900 5 35% 35% 92 92% *92% 2% 38% 2% *2% 2% 2Va 2 Va 2Va 2% 1,600 39% 39% 40% 39% 40% 39% 40 >/4 31,200 134% 134% 134% 134% 135% 1 com„No par 1 . Packers 35 100 Canada 134 % xl2% 100 Limited common 35% * 93 13% 12% 12% 64 15 7.50 764% 64% 64% • 12% 17,200 65% 10,100 6 46 46 No par 48% 48% 48% LNo par 48% 39% 40 *39% 39% 25 *42% 43 *35% 36% 16 Va 30% 16% 16 16% 30% 30% 30% 30% 32% 32% 32% 32% •;*32% 26% 26% 26 % 26% 26 .11% 10% 11% 11 - 1 Co 11 3.50 No par Island Creek Coal common— - ♦104 104% 6 43% 36 % 6 *104 6 104% 6 % 1,660 *45% 46 45% 45% *48% , 49% 49 % 50 Va 1,000 40 39% 40 3.400 44 44 40 /*43% 43% *35% 36% *35% 36% 16% 16% 16% 17% 30% 30 % 20 30% m 900 85,900 800 33:* M ' 32% 32 V4 26 % 26% 26%' 1,600 11 Va 11 11% 4.800 400 31% 30% 31% *31% 31% 31% 31% 31% 31% 500 30% 30% 30% 30% 30% 30% 31 Va 2,400 27% 27% 27% 27% 27% 27% 27 27% 3.400 16 2,000 50c 16 1 preferred 43 390 12% 64% 6 *35% 135% 12% 6 104% 500 65% 46 % *104 135 16,400 94 12% 104% — *92% 64% , *45% -No par preferred—, Power 15% 315 32 *31 *104 "5% $6 107% 30 Iowa-Illinois Gnsi& Elec Co_No par Iowa Power & Light Co_ 10 -9 300 6,600 29% Intertype Cmp 31% Mar 16 1,100 ' 29% Mining Corp. Interstate 9 *160 4 29% com . 26 27% Apr 164 106 44% 42% 5 Interstate Dept Stores ' 29% Jan *160 4 12,066 , 29 33% Jan 164 106% 443% 4134 17% -No par Chemicul 11% Feb- 4 *160 , 48% 100 28% Mar 11 Mar 30 105% 7% preferred 25 International Telep <fc Teleg_No par International Utilities Corp .5 $1.40 cum conv pfd 25 10 34% Jan 5 106% 4 43 24% International Salt 15 32% Feb ' 25 105% 4 *17 Va preferred 5% 8 17% Apr 42% 17% Int'l Rys of Cent, Amer com—No par Apr 15 35% Mar 12 4 44% 4% 43% 1,400 *17% Silver common 4 31% Jan 6 44% *4 370 8% 17 Va International 37% Jan 19 44% 44% 42% 8% 17% 44 26 Jan 8% 53% 17 Shoe Jan 8% a FRIDAY 54% 17 International 35 87 5?% 1 40% Mar 18 54 8% 54% *53 48 Va 11 20% Jan 164 53% 24 3 4 38 31 106% 54'% 100 25 Va 3 21 4% 52% *53% *53 GOOD 48% 51 3o *52 *52 53% 53% 2,000 50 24% 11 13% Dec 52% 53% *53 100 43% 48 44% Jan Jan *52 100 4 Mar foA 6,200 CLOSED 25 100 Preferred $4 50 1,400 EXCHANGE 48 Va common International Paper 19 Jan *48% STOCK 87% 24% 7 30% Dec 130 Jan 50 41% Mar 15 43% 50 49% 116 47% common & oT 43% 86% 24% preferred-Nickel International 65 % Apri 15 105 Feb 15 101% Jan. 13 5% Mar 16 36% Dec Jan 4% 43 Va 49% 116 47% Machines——-No par International 28 43 87% 116 47% preferred 34% Dec 49% 49 87 *115 600 22 24% Hydro-Electric Sys class A„25 Minerals 48% 87 116 3 22 _20 No par Harvester 10 7 26% Mar 24 3Va 22% 500 —No par Iron Int'l *160 100 3 X22% 86% 8% *8% 44% *4 preferred Mar 29 % 43% Ctfs Inc 26% Nov 17% Apr 30% Apr 9 53 53% par Inspiration Cons Copper 15% Nov 21% Jan 15% Jan Apr 52% , 53% 48% 17% 3 22% *48% 50 No par 6% preferred Inland Steel Co 25 97 43% *53 5 common Jan 1 "52 17% 2% 22% -114% 1 29% Feb 25% Jan 89% Jan 1 50 Industrial Rayon 8 49% 116 *114% 43 % *49% 50 preferred cum Indianapolis Power & Light—No IndUBtria Electrlca De Mex, S A 4% Mar 15 45% Apr A ser ; 17% 86% 81% common_l()0 pl'd Illinois Terminal RR Co 4 45% Mar 40% Jan 20 4.42% Co Co • 3 22% 49% 20 RR conv 18 2% *22% cum - *17% JLl .No par Corp_. 51% Jan 246 300 46% Motor Car Mar 5 2,200 100 - Jan 3% , Hudson 7 33 3% 1,900 Hudson Bay Mil) & Sm Ltd—No par Jan Dec 11,500 13% Jan 52 48 14% ' 50 165 14% 9,900 48 % Apr preferred Jan 16 *16 1 cum 101 17 4 4.08% 22 77% 16 3% 5 6% Mar 16 35% 77% 16% 3% 4 56% Jan 34% 77% 3% Mar 13 35% 76% 3% 51 11% Apr 42% Dec 35% 3% 44% Mar Oct 21 35% 77 3% 24 52 35 77 14% Feb 54% Mar 11 50 20 *101 14% 13% Jan 44 200 1,400 95% 101 14% preferred 35% 52% 105% 14% noncum 3,800 52% *95 14% 5% 160 230 15% 35% 52 14% 20% Jan * 15% 95% 1 8% Apr Mar 25 38% Jan 51% 69% *95 Hudson & Manhattan common—100 15 Va Apr 49 16 35% 51% . 17 5 „ 35% , 77 Jan 24 15% 35 50 38% Dec 15% *16% 42% Dec 29 15% 15% *76 12 Jun 115 15% 500 101% 115 69% l Jan 18 100% 114% 51% par 40 15 101% 114% 96 —25 (Del)- Howard Stores Corp.: Howe Sound Co 4 31 69% ♦100% 35% 101 16 23 69% 101% 115% 51% *104 200 16% 101% 96 100 Houston 78% Apr 16 % Apr 69% 16% 115 *35 100 Houston 14 69% 16% 101% 15% 100 16% 115 115 50 preferred Idaho Power Co 27% Sep Jun 69% Illinois Central 15 27 70 15 21 % Sep 28% Oct 69% 10 19% Mar 11 Jun No par Feb 254% Mar 17 41 4.400 Apr 10 6 39 % 49% Mar 26 15 93 % Jun 26 38% 90 14 Dec 26 116 Jun 76 7 2 17 24% Sep 148% Jun 224 26% 39% 8 Aug 13 13% Sep Mar 11 190 26% 4 Apr 35"% Sep 15 18% Sep 15 13% July 17 21% Sep 15 3,100 38% 11 1 7 19% * 59% Feb 30 Sep 370 19% 26 Jan 19 89% 19% 39% 74% Jan 23 88% 19% 26 107% Jan 3% Dec 89 19% 38% 23 18 88 19% *87 16% \ ' 30 5 2 88 19% 2,200 32,100 26 Household Finance common—No par 104 »/a Mar 29 35% Apr 88 32 39% 88% Jan 38 % Sep 84 $2.25 15 101% Mar 29 28% Jan, 11 77% 31% 39% 113% Jan 48%. May 19 7% Jan 27 34% Jun 15 4 77% 32 16% *16% 12 17 18% 78 31% 26 11 May Sep 49% Jun Feb 17% *77 19% 30 __ 18 65% Sep 101% Sep 35% Jun 44 94 % Jan 101 17% 78 — 14 18% Sep 24 May 8 16 36% Oct 13 29% Dec 22 5 103% Jan 19 17 77% 88 pfd ser B„_No par Houdaille-Hershey common— 3 Mar 31 Apr 32 V* 16% 16% 16 35% Apr 52% Apr 31% 17 77% 12.50 preferred conv 4 96 32 16% 77% *16% 5% 13% Jan 6 2,400 10 Holly Sugar Corp common div 7 53 % 100 preferred 18 43 Va *53 2,100 $4.20 Jan 43 53% 6% $4.25 84% Jan 10 43% 9% 2 33 3,100 13% Mar 31 48% Jan 42% *53 600 14% 83 125 9% Apr 3 43% 53% 80 *124% *6% 103 24 42% *53 14% 79%. 125 13% 116 30 79% *124% 6% 12 93% Feb 79% 13% 22 57% Feb 14% *14% 14% 124% 10 95% Jan 36% Jan 160 *6% 4 9 1,200 36% 13% 108% Jan 29 21% 36% *9% 4 July 20 10 21% 36 6% 116% Mar 19 Dec 97% 21% 36 10 Honolulu Oil Corp Hooker Electrochemical 80 % Jun 97% 21% 98 13% 1 1 42 97 21% *6% 72 32 600 13% 74 % Apr Mar 25 *96% 700 89 32% *9% 5 17 323/4 6% 56% Jan 15 33 10 58 Sep 23% *86 32% 14% Homestake Mining 12 6,000 *9% 8 16% Mar 18 Apr 2,700 *6% 23 Jan 89 1,100 5% 19% 23% 23% 12% 5% 14 26 % Feb 57 1,900 1 & Sons— 40% Apr 2 200 5% 35 5 (A) 5 Feb 23% 5 Co Furnace Hollander 4 64% Jan 23% *86 32% 10 2,000 144 Holland 1 25% Jan 102 31% 12% 6,200 28 19 Va 5% 20 78% 53% 12% 5% 19% 124% 43% 42% 5% *33 Va FRIDAY 105 5 33% Jan 7 *14% 79% *53 5 21% *36 125 *23 Va 5% 35 12% 5% *140 GOOD 17% Hilton Hotels CUrp Hires Co (Charles E)— 14% Mar 19 19 1,400 36 % *97% 14% 78% *124 % Heyden Chemical Corp common 1 3%% preferred series A 100 $4% cum 2nd prd (conv)—No par* 15 98 14% -No par 32% 32% 12% 89 *86 36 Hewitt-Robins 8 12% 21% 36 15 2 16 21 % 13 17% Mar 23 22 *97% No par 41% Mar 10 Jun 23% 10 Motors 28% Jan Sep 23% 89% 32% 5% 15 90 24 *80 25 Hercules Powder common 30 103% Oct *23% 100 preferred 11 31 20 25 common—, Dec Dec 5% 19% 100 Sep 5 5% 19% 15 ; 12% 27% 23% 5% *33 Va 19% 12% 144 23 % 5% 35 *104 27% 27% 23% *5% *33 x5 % 18% Apr Apr *23% 5% 35 105 *140 5 16 78 4 5% *33 27% 144 *140 23% *23% 1 27% 1 25 Oct 144 *104 2 32% Dec 55 *140 16% 105 *104 27 10 Co__ 14 47 27 16% 105 50 preferred—' W) 105 15 com common (G 16% par preferred 100 Hershey Chocolate common—No par 4%% preferred series A 50 Jan 9 % Jan 16% Inc Glass non-cum Hercules 1 5 6 7% Mar 16 10% Jan 9 69 16% 3,300 14% *68% 16% 32% Apr 11 Aug 19 72% Sep 14 15% Jan 6 8* *13% *68% preferred 3.65% 43% Mar 31 . 7 11 62 *14 69 (II J) Co common Helme 15 Apr 14% *68% 54% Feb 14 53% Apr . Heinz 14 15% Feb 13% Mar 12 10 15 Jun Mar Co 3%% Mar 17 22 *13% 69 16 Va Corp 24% Mar 2 15 Jun 35 Mfg Hazel-Atlas 78 % Jun 14% *68% Marx Industries Hayes 100 EXCHANGE CLOSED *13% Corp of America common 4%% preferred 7 STOCK 39 100 Hat 22 *38 2.50 100 Hart Scliaffner & 39% *38% No par com Paper Co preferred 20% Mar 12 31 Co preferred (M A) Co $4.25 Harbison-Walk Refrac 9 Jan Watch conv Hanna 6% Mar 22 Jan 18% Jan 8% Mar 12 21 4% Hammermill 15 34% Apr 32 8 14% Mar 20 14 Dec 13 139 15 36 2 5 17 Jan 7% May 20 131 Oil (W F) Hamilton 15% Mar 11 2 11% Aug 27 61% Dec 30 15 Water Halliburton 5 38% Apr 13 17% Jan 31 39 117 16% 117 16 16 Va 16 *117 118% *117 16 118% 16 *117 118 % 20 35,500 J 3 Sep 15 17% Oct 14 6% Dec 16 25 4% Feb 19 17% Aug 31 May 12 25% Mar 9 89 86 % Jan 7% Apr July 34 Apr 88% Jun 7 Feb 26 23 43 Nov 6 19 101 Jan 16 74% Jan 2 57% Aug 31 50% Feb 9 19 Jan 38% Apr 101 Feb 6 8 7 8 62 24% Jan 5 19% Jan 4 Sep 18 86 3 85% Jan 4 29% Sep 14 39% Mar 17 32% Jan 4 30% Mar 12 26% Jan 11 82 22% Nov .41 % Nov 2% Oct Per 4 30 49 15 Dec Feb 5 46% Jan 4 2 3% Jan 6 Apr .71% 66 % Jan 1 „ 21 Jewel Tea 14 3%% Co - *■ 6% 6% 7 Va 7% 21% 21% 22 22 22 22 22 Va 22 Va 500 1 22% 22% 22% 22% 227/a 23% 23 23% 13,300 pfd—100 92% 92% *92% 93% 92% 92% 92% 92% 160 38% 3,700 — Inc Jones & Laughlin Steel com 90 % Feb 8 13 r Corp Johnson preferred series A Joy Manufacturing Co Kaiser Alum & Chem Corp 5% cum preferred (conv) Kalamazoo Stove & Furnace *"*' 39 102% 7 38% i38% 38% *102% 103% 102% 7% 39'4 103 38% *102 103 270 62% 63% 63% 63% *63% *63% 64 *63'/8 63% G3% 64 10 22% 23 Va 22% 23 22% 23 22% 22% 100 87% 87% 87 % 87% 87% 87% 87% 37 % 370 1 Johnson 12 33% Apr 8 -521/4 Apr- 9 3% Jan 18 38% xl02% 7% 12% Johns 26 5% 1 6% No par 27 Jan 23% Apr & J 100 common preferred Manville — —..»ipnr Sulphur Co Jersey Cent Pwr & I.t 4% footnotes Lake 36% Apr ' Mar-31 8% Jan Jacobs (F L) Co Jaeger Machine Co.—. Jefferson 103 61% Mar 31 66% Dec 14 15 14 43% Jan 5 Sep 19 ■ - 13 22% Apr 23% Apr 95% Apr 20% Jan 21 82 34% 35% 35% 36% 35% 35% 3514 35 Va 10,300 32V4 317/8 32% 31% 32% 12,900 51% 52 51% 52 64 V8 64 1 31Va 32 50 51% 51% 10 *3% 3% 63% 63 31% 51% *3% . 51% 3% *3% 3% 65 *3% • 3% 22,200 1 200 34,800 2,300 (1735) NEW YORK STOCK RECORD Range for Range Since Jan. 1 Year 1953 26 Vb Jun Lowest Highest Lowest 33 % Dec 14 32 yB Jan 94'A Jan 19 Jan 12 Jun 10 92 Sep 11 100% Mar 98%, Jun 18 105 Vi Dec 100 9 104% Jan 18 104% Apr , 15 Mar 31 107 7 102'/2 Feb 16 preferred 4% cum preferred 4.50% "preferred 4.20% preferred 3.80% 104% Apr 9 Kanoas 14 14 45 % Aug 16 37 Oct 10 28 38% Jan 32% Jun 35% Jan 21 Mar 17 18% Jan 21 18 12% Apr -'44 5 27 July 1 8 17 Sep 10 13% Sep 59% Sep 15 14 37% Oct 6 Nov 16 39% Jun 16 21 20 Vb Jun Feb 8 4 Apr 14 78% Apr 12 4 6 v'2 14 24% Feb 3 20% Jan 48 .Jan 106 Jan 5 24 % Jan 221/4 Apr 11 9 Mar 17 13 28 3 Jan 22 41% May 19 78 Dec 11 95 28% Sep 14 81% Dec 31 93% Jan 29% Jan 5 34% Jan 48'/a Feb 18 51% Apr 8 Kress Feb 24 46% Jan 5 Dec 7 9% Jan 5 5% Feb 4 4% Jan 14 25% Aug 20 21 y2 Jan 4 Kresge vcu 31 18 VB Mar 18 14% Jan 16 Jan 22 Dec 31 56 Mar 12 47'A Jan 51 % Jan 27 18% Sep 14 24 % Mar 17 19% Jan 23% Mar 29 9 48 V'2 Jan 60% Feb 10 29% Feb 3 22 Jan 24 y4 Jan 18 86y2 Jan 11% Jan 23 8% Jan 10Vb Feb 12 Mar 24 27% Jan 34,/b Apr 14 13 15 95 July 14 7% Oct 23 25% Jun 10 34 Jan 29 22% Jan 20 22 1% Jan 7 % Jan 16 14% Jan 6 G'/2 Jan 1% Dec 15 4% Jan 22 2 33% Dec 30 Nov 12 34 36 14 - Jan 2 16 Dec 29 33% Sep 8% Jan 14 7 10 10% Apr 39% Dec 13 34% Jun 63 Dec 29 82 155 Jun 35% Sep ; 163*% Apr 4 76 Apr 2 47% Mar 16 38 lA Apr 2 44% Apr 15 27% Mar 27 21 % Feb 3 38% Mar 30% Jan 4 39% Mar 15 18% Jan 5 23'A Apr 15 15 Mar 12 25 Jun 17 "74 13 67 Jan 12 75 Apr 23 29% Nov 27 26 Jan 11 37 Mar 23 18 26 15 14% Mar 25 34% Mar 19 13% Jan 14% Feb 4 25 35% Apr Savers Corp — Li()iihl Carbonic Corp com No par 3%% convertible preferred"-'-100 Lockheed Locw's Aircraft Corp.— 8 Lone Star 8 Lone Star Gas 21% Oct 14 35% Mar 26 22 y2 Jan 4 26% Apr 15% Jun 10 18% Mar 25 IV Jan 4 19j/b Apr Jun 12 30% Aug 160% Dec 10 42% Dec 14 55. 15 67% Jan 2 Sep 30% Dec 92 - 16 May 25 108% Feb 15 26% Jan 4 19 153'%°Feb 15 45 % Mar 19 Louisville Gas & El 11 64% Mar 31 Louisville 34% Feb Lowenstein 5 31% Jan 11 d 96 y2 Jan 22 36% Sep 15 7% Oct 23 12 100% Mar 18 44% Apr 38% Mar 25 45% Jan 22 15 Lorillard 12. (P) (Ky).Nopar 50 45 63% & Sons Inc com—1 (M) 32% Co preferred series A 4%% Lukens Steel M Wood 24% 100,A *146ft — Nashville &; 34 ,A' 26% 112 25% xl9% *103% *105% *104% *100 44% 100 —10 Co 100 80 5,600 94% 94% 95 31% 32 31% 32 50 % 50% 50% 50% 1,200 44 44 43% 44 y4' 1,900 10% 9,600 10% 10% *5 10% 5'A *5 22 6,300 t. 5'A 22 : 240 22 1,900 1 15 53 23 57 23% 23% A 57 23'A 57% 400 23% 59 V4 4,700 24% 58 900 1,200 24 23% 23% 92 9% 92 92 9% 9% 9% 9% 8.000 34 13% 33% 34% 33% 34% 4,300 13% 13% 13% 13% 5,300 24 *91% 93 10 ' 1 )§ 1% 9,600 8 8 7% 8 1,200 2% 2% 2'A 2% 2% 700 37% 37% 38 37% 38 Vb 6,400 16% 17% 48'A 9%, 9 39 16% 16% 16% 16% 300 39 64%, 65 163 163% 12 17% 17% 17% 17% 3,000 •47% 48 Vb 47% ". 48 5,700 9% 9% 9 V4 *39 39% 39 % 39% <64 64% 63% 64 9% 163 163 163 12,300 1,100 12,200 310 163% 70% *42T% 23% 37% . 72% 73 % 74% 74 75 2,300 43'A 23% 38'A 43 43% 44% 44% 1,300 23% 23% 23% 23% 1,700 38'A 39 Vb 38% 39 V4 19,200 21% , 21% 75 21% 22% 22% 2 3'A 11,200 33% 13% 1,000 35% *14% *2 / 700 2,400 35% 22 11 7y2 7% 74 32s,a 10 Co common preferred 7% 100 preferred series C_/ 5.25% Jan 145 35% May 25 97% Nov 2 16 40% Jan 59% Jan 3 34% Jun 106% Mar 10 10 Co common conv 23% Feb 5 9 30 1R Corp— Cement 74 -No par preferred—i 100 Long Bell Lumber (M'd) A No par Long Island Lighting Co com 10 5.25% pfd series A— —100 5% series B preferred.— 1 100 4.75 * 1 s Inc 15 103'A Mar 16 100 V —/— v; FRIDAY *48% 13% - GOOD 36% 15% 56% 9 27,900 230 24% 53 23% 39% 64% 65'A 163 163 70 70% 42% 42% 23% 24 37% 38% 21% 21% CLOSED 36% *48% *90 91/4 33% 39 - Apr <"« 8% 7 5 Lily Tulip Cup Corp new__i—No par —5 Lionel Corp (The) ; 2.50 Lion Oil Co No par Link Belt Cjo 112% Apr 7 10 — preferred 1% No par Tobacco com—25: Myers 4 9 pfd EXCHANGE 24% *85 15 23 . 24% 53% 37% 25 23 56 24 22% 59 4,500 21,300 STOCK 117 *14% 15 *48% 117 :,/ 86% 10% *16% 17 Va 48 4 25 15'A 54 16% 17% 48% 11 Jan 14% *48% 37% Liggett & 22 v* 58 % 120 24% 5V4 22% 22 37 16% 17'A 48'A 23 y4 Jan 23% Dec 10% *4% 1 —.5 28% Jun 146% Dec 10% 5'A 21% Lehman Corp (The)— Lelin Fink Products.-.- 108% Jan 106% Jan 10% *4% 21% 2% 5 106% Dec 44 2% 15 - 50% No par Apr 97 * May 6 101% Jun 13 32% ; 24% *117% 17% 46 5,500 78% 45 VB 59 43% 37 1 7% 2nd 17% 77 , 22% 59 50% 118 24% 13% Mle *22 31% 24% 7% Aug 108 59% 433/3 118 *13% 26 102% Mar 16 22% 58% 50% 24% 118 No par 110 9 22 A 43 Valley RR 16 14 i 22'A 59 50% lis Lehigh Valley Coal common 1 $3 noncum 1st preferred—No par 15 101 58% 94% Lehigh Portland Cement— 23 yB Jun , 46 % 92 ; 9% 33Va 103% Jun 27 78% 45% 22y4 - 3.85% preferred100 Lehigh Coal & Navigation Co—-1Q 5 24 18 »/8 77% 46 % 94% 25 19 17% 78% 45 *94% Jan 155% Jan 18 77% 32% 8 10 17% 78% 45% 94% Libbey-Owens-Ford Glass Co Libby McNeill & Libby.— 4 17% 76% 44y2 32 Lerner Stores Corp—— 6 14 3,000 94y2 4 171 % Nov Jan 13 y8 __ 9 5 110 13 35% -Feu 20% Apr 10% Sep Sep 13% 17% 35 20 5 Feb 4,100 13 Vb 35% 48% Apr 29 21% Feb 19% 13% 35% 4 67'A Jan 14 1,600 13% 87 4 41% Jan 3 4 39% 13 13% 19% 37 15 16 9 43% 39% *85% 17 yB Mar 15 62 % Feb 15 42% 39% 19% *35% 38'/a Apr Mar 43% *22% x55% *23% *90 9V» 33?/* noncum ~io 39% Lane Bryant pommon 1 4%% preferred 50 Lane-Wells Co j 1 Lee Rubber & Tire —5 Lees (James) & Sons Co common—3 50c 60 106% 19% « — Co (S H) & Co Lehigh 42% ' 86 4 36% Mar 22 43% 37 11 3 Mar 30 6 19% Feb 64 ' 42% 85% Feb 1 % Aug 28% Sep 15% Sep 5 Jan (S S) 42 Va *35% 15 56 42 85'% 28 8% Jan *104% 104% 36% Apr 39% Jan 10 104% 85V4 16% Jan 4 *104 35% 8'A Jan Jan 104% *35% 15%-Jan 18% Mar 27 22% Mar 17 42% Feb . Apr 14 * 92 Apr Dec % Dec 6 y2 Dec 14 *104 ,, 27 Feb 64 86 304'A Lambert -so 14% Dec Sep 21 21% Nov 23 104% La Consolhlada 6% pfd_75 Pesos Me* Co (The), No par 18 5% Feb 2 47 *105 100 1 —1 Laclede Gas Co— 10% Mar 19 2/ 19% Jan 46 106% -100 10 No par ——No par Kroger Co (The) 5 31 10 preferred 5 57 Va Feb 9 *105 —— Co common 24 46% Dec 28 106% 391/4' 4 8 Jun *105 $5 prior preferred--'-—No par Koppers Co Inc common —10 82% Jan 42 106% 104% 19% Kinney 31% Feb 35% Jan <105% 104% 39% 8 5 40 105% 19% 13 28 8 R) 2,900 97 *104 _1 Corp— (G Shares 33% 391/4 15 29 *95% 19% Apr 37% Apr 33% 97 105 y2 5 preferred (cum) conv 4% 34 391/4 86 9 33 % *95 % 19% Co Copper King-SeeJey 23 96% 50 36y2 Apr Mar 34 96 y2 the Week 8.75 36 y2 Apr 95 34 97% *104 __100 6 31% Dec 47% Dec 4% Dec 9 34 105 V2 County 4% 8 25 y2 Mar *104 No par Land Co.— 2.50 Keystone Steel & Wire Co—No par Kimberly-Clark Corp com—No par 9 Apr, Apr. 16 100 Wheel- Hayes Kennecott Kern 12 118 Mar 19 31 79 V* Jan May 12 41% Jan 5 Apr 59 % Apr 11 14 22% Sep Kelsey 4 Friday Apr. 15 *96% No par & Sales f»r Thursday 100 preferred (Julius) PRICES Apr. 14 33% 100 Power & Light Co-i Kayser 118 */8 : ——— non-cum 14 Jan 15 4 39% Jan 49% Dec 24 4% Kansas Jan lo 25 Jan Common 5 14 19% Mar 31 64% Jan 18 82 60 111'/a Feb Sep 15 101 14% Dec Mar 39% Apr SALE Wednesday Apr. 13 City Southern— " 36% Sep HIGH Tuesday Apr. 1» Par Kansas City Pr & Lt Co com_No par 9 97% Mar 18 AND Monday EXCHANGE 35% Mar 4 13 85 LOW YORK STOCK NEW , Highest 95 V'2 Jan 16 Continued—Page 7 STOCKS Previous 13% 14 75 33% 32% 33% 28,300 13% 13% 13% 13% 10,800 34% 35 26% 26% 112 112 ,26Vb 26% 19% 19% *103%103% 106% 106% 104% 104% 24% 24% 147% 147% 35 26% 112 26 A 19% 74% 32% 14 32% 75 33 *74 , 103% 106% 104% 24% 148 ' .45 63,% 32% 101% 44% 45 63"% 45 64% 32% 32 % *100 101% *44% 44% . *74 35 34% 34% ... 26% 26 % 26% 19% 103 VB 112 26% 19% 35% 103'A 3,900 26% 26% 112 112 400 10,300 1,000 112 % 26% 26 % 800 19 Vb > 19 % 19,100 Vb 103'A 250 103 106% 106 % *104 Vb 104% 24% 24% 146 % 146 Va 45 Vb 45% 63% 64 % 63 % 64 32% 32'A 32 101% *100 101% 140 32% *100 *105 106% 104'/a 104% 330 24% ■v 24% 9,400 146% 146% 45 < 45% stock >' 40 exchange 2,100 closed 3,200 1,700 GOOD FRIDAY % 44% *8% 41% 8% 8% 8% 42% 41% 41% *128% 132% *128% 132% 10 14'A 13% 14% 13,000 23 Vb 23% 23 Vb 23% 2,500 *82% 83% 44 44% 44 Va 1A00 M 41 Jun g 45 125 Sep 17 132 8 Vb Mar Mar 20 Feb 20% Dec 29 26 78% Sep 14 87% Mar 27 Oct 16 9 Dec 29 9% Jan Sep 15 32 Apr 9 15% Sep 15 22% Jan 6 7% U&Vb f 21 517 Sep 3% Dec 4% Sep 15 552 30 8 14 8 10 Jan Jan 16 11 21 20 6 VB Jari 28 Madison 8% !M) 15 15 12 6 Vb Jan 4 25 Vb Jan 4 7 1 Feb 5 Manhattan % Feb 1 Maracaibo Oil Exploration 23 Feb 4 Marathon Corp i--'---Marine Midland Corp common 5 Jan 2 12% Jan 11 13% Mar 10 Feb 4 55 Jan 8 57% Mar 10 22% Sep 15 25% Mar 19 24 Vb Jan 12 88% Mar 82 Jan 16% Jan 13% Feb 9 18% Mar 20 Sep 16% Dec 14 14% Mar 29 25% Feb 2 17% Sep 15 21% Nov 16 34% Aug 28 98% Jun 30 27% Jun 10 83% Jun 5 82% Jun 12 75 16 : July Sep 2 15 45 Sep 29 15 Dec 4 20% Sep 14. 41% Nov 27 42% Dec 5 Jan 85% Nov 21 52 Martin 16% Mar 18 Martin-Parry Corp 8 °0 Jan 4 21'A Apr 15 Feb 16 42 Jan 18 Jan 5 110 Jan 4 Jan 11 92% Jan 5 92 24 Jan 7 17% Jan 20 83 Mar 16 Ap' Apr 18% Feb 49% Feb < 26 Jan 7 17% Apr 1 Jan 11 22% Jan 22 40% Mar 12 17 Feb 43% Jan 14 13% Mar 29 15% Feb 4 12 Jan 4 72% Dec 16 92 8 75 Jan 4 85 15 73% Mar 12 68'/a Jan 8 80% Apr 44% Mar 22 35% Dec 1 52 Sep 17 33% July 2 71% Jan 12 33% Jan 54% Jr.n 4 66 39% Dec 3 37% Apr 9 42 % I'-to 18% Dec 4 3 Mar 19 Apr. 13 5 9 18 v $3 3Vz% M'cGraw Jan 4 5 McLellan 11% Feb 19 12% Apr 1 McQuay 18 27 % Jan 4 33% F. b 12 13 1 86% Jan 4 99 26 Vb Jan 2 28% Mar 19 27% Feb 16 11 Vb Dec 30 14% May 22 Aug 19 15% Sep 15 50% May 21 19% Jan 7 17 Sep 25% Jan 80 May 46 92% Jun 14 5 11% Jan 4 9 19% Jan 12 22 Jan 26 91 % Feb 5 Feb 8 89 Oct 27 89 Jan 27 Jan 20 98 V- Jan 4 Nov 13 95 Jan 31 Jan 30 26 31 Nov 5 39 % Jan 9 28% Jan 4 25 Sep 15 22 Jun 16 28 Dec 29 86 Jun 11 98% Jan 2 95 Sep 14 88 Jun 12 84 July 3 99 May 21 18% Sep 14 55 Vb Sep 22 22% Jun 9 Feb 2 93% Jan 13 105 93% Feb 107% Feb 106 7 104% Apr 14 Jan 4 35% Apr 14 21 VB Jan 13 9? Jan 104% Mar 5 ' 4 92 Jan 89 Jan 6 105% Jan 13 15 28% la ) 4 32% Mar 19 l00 Feb 107% Apr 98 Feb 97 Apr 107% Apr 4 80 13 1 Co— Stores Linotype Machine & A, 22% Feb 2 26% Apr Miami 65% Jan 4 75 % Apr Mid-Continent 26% Jan 4 29 % Jan Middle / Petroleum Utilities Inc 93 2 2'A 22% 15% 16 29vb *95 96% *88% 17% *48% 17 Vb 20% *42% • 108 20% 29% 96% 96% *95% 96'A 90 18 *88% 90 50 17% *48% 20% 43 13 % 80 79% 44% 65% 38'A 17% 17'A 1,500 20% " 20% 1,100 *42'A 13 300 2,800 44 44% 2,000 65% 65%' 1,500 38 38% 3,600 20% 1,100 28% 13% 49% 16% 28% 13% 49% 16Vb 29 28% 16% 28% 13 *49% 16% 13% 49% 16% 21% 21'A 21% 21% 21% 34% 35% 22% 32% 22 /2 *32% 22->b 32% 74 97% 97% *107 108% *96 98% 107% 109 26 26% 74% 27% 75% 27% 4,000 81% 79 % 28% 13 49% 16% 34% 13'A 80 % 78% 20% 22% 32% 43 1; *12% 34% 30 1,500 20% 22% 32% 60 180 2,000 12% 32 98% *90 91% 105% 105% 104% 104% 500 8,800 17% 97% 27% 7,300 49 17% 97% 72% 27% 29% *95,% 98 72% 27% 108 97 20% 12% 31% *97 72 27Vb 19% 1,100 3,200 34'A , ; 130 44,700 18,500 34% 5 93 41% 22% *32% 10 300 5,100 12% 97% 97% *107 108% *96 98% *95 97 *107% 109 25% 26% 8,700 28 32% .*97% 99 *107 108%^ 96% 97 *95 97 *107% 109 24% 25% 13% 57 27% 21% No par No par 13'A *56% 19% 90% 101 6,600 11,300 31% *90 91% *104% 105% *104 104% 700 8% 22% 41% 38 20% 25 8% 21% 20 % 65% 20% 600 10% 105% 104 5 seriefe 25 *12»/b . 20 300 5 5 20% 20% 41'A 41% 108 108% 12.50 Co Scott Copper South 22% 16 15% 10% 90% No par Co.— preferred 22 *104 103% Metropolitan Edison 3.90% pfd—100 4.35% preferred series 100 3.85% preferred series.— 100 3.80% preferred series 100 4.45% 93% No par -1 preferred Merritt-ClniDinan 93 No par $3.50 preferred .i $4 conv 2nd prd. Mesta 5,200 4% *4'/a 21 Co (The) common F convertible 1st preferred —50 Stores Co Inc 3% Merck & Co Inc common 16%c 5% Mercantile Mergentlialer 13,0^0 18 12% V x28% 13 *48% 1 Mengel 2nd 32 530 31% 32% /*"' 20% 400 18 17% 38 % 44 80 100 7% *512 31% 17% 31% 38 % 80% 700 515 515 4'A 4'A 4% 4% 25»A 25% 9 9Vb 21% 22 13»A 13% 56% 56% 28 28 Va 65'A 43% 44 13 % 81 500 8 8 *7% 7% 97% " - 19% 20% 41'A 108 29% 96% 96'A 89 ' 1*8 49% 17 Vb 20% 43 83% *83 8 12% -t ML? Cofc 94 22% 16 *7% 7% 32% 20% 10 No par Norris 28 14 13 79% 79% 43% 65'A 80 - 65% 38 Shoe Corp $4.25 79% 13 Vb *80 13'A 80% 76% ' preferred (1st series)—100 Melville 18% 49% 17% 20% 43 65 Corp common 4%",'n 89 38 9 onif 18Va *48 17% 20% *42 V4 44 5 27% Mar 89 96% 96% 5 5 31 29% Mar 66% Dec .F'</.J not notes 4 19 14 Apr 111 97 14 17 4 21 Apr 4 18 10 91% Sep 13 Vat 49% Apr Jan 15% Feb 47 ' 96'A 41 108 29% *95 96'A 89 17% 49% 17 Vb 20% *42% 29% 18 & 22 9 29% 95% Mines Porcupine 21 94 23% 15% 19% 20% 41% 40% *108 . 108ft 100 5 50 Publishing Mclnl.yre 14% Jan 29 % Apr common McKesson Mead 20 J 21% Bobbins Inc— McGraw-Hill 29% Dec Mar 26 — Stores Corp common—50o convertible preferred—100 Electric Co— 1 McCrory 26% Jan May i preferred— $2.50 29 95 —_— common Corp 14 / 21% Mar 15% 19% Corp 11 Va Dec M8% 22% No par No par No par ' -3 21% Sep 83% Oct 24 1 —No par —No par — No par McCord 9'A 27% *93 22% 16 19% 20% preferred z—: McCall 25% 9 28'A Co $3.40 Maytag *25 9V» x27% *93 cumulative pfd 1 25% 21% 13% cum 19 4% 56% preferred——/———No par pl'd 1947 series.No par $3.75 *4% 21% 13% preferred—J conv 5% 56% 21 13j/4 Chemical Corp com——5 Mathieson $3.75 89 8'A 17% 13% May Dept Stores common— Mar 11 98 15 4 Corp—; Co 4.25% 25 31% 56% Co Electric Master 97 % Mar 29 20 10 Jan 11 (Glenn L) 31% 17% 515 /515 4JA 4>A *56 preferred Masonile Mar 11 30% Feb 57% Sep 26% Sep 11% Dec f) 47 Mar 12 21 % Mar 25 45% Feb 25% Mar 31 1 28 6 30% Feb 4 38 5, 32% Mar 23 95 Jan 20 95 9 4 'A% 5'/a 7% 100 94 Marshall Field . 8 7% 525 4'A 4Vt No par 4 104 30 110% Jan & Co coin 1 18 16% Jan (conv) preferred 4%% *7% *515 1 6.25 5 —50 28% Apr Apr ;• —No par 5 !) Jan 8 31% 17% '28 58 16 30% 1/7% 4 13 % Dec Sep 7% 12 15 12% Jun 83% Mandel 10 10 23 83% 18 11% Jun 80 23 84 8% 7% 5% Jail Shirt 14 23% 25 —- 13% 82% *7% Magnavox Co Bros *128% 132% 14 22% Magma Copper 10 (The) 1 Mahoning Coal RR Co, 50 Manati Sugar Co————I 3 8% 42 100 No par —-No par 26 52% Jun 19 13% 8% 41 % No par com preferred sgrids A Square Garden 4%% Feb Apr 53d 4 25 129 5 Jan 22% Jan 9 129 - *5% Jan 4 4% Mar 10 9 Mar Apr 100 . 42 Co Inc (It H) Maey 1 18% Mar 4 13 3% Jan 28 32 4 16 Vb Jan 42 Magic Chef 8 8% Forbes common—10 preferred— 6% 8% 8 Working Co. & Mack Trucks Inc 23% Apr 85'A Feb 4 81% Mar 16 515 M & MacAndrews 19 15% Jan 8 25% Jun 18 132% Jan 4 7% Jan Mar 6% Sep 16% Sep 22 28 8 Mar 23 Vb Feb Jan Jan 20% Jan 8 May 8 13 Mar 24 15% Nov 22 Mar 45 19 125 24 10% July 18 9% Jan 16 Jan 41 12% 800 32 33 Va 6,500 *97 98% 110 29'A 2,000 13% 13% 3,800 49% 49% 16% 16% 4,100 21% 21% 14,600 *90% 104 ♦104% 91% 140 100 104 110 105% 160 35 Vb 5,400 22%' 22% 7.300 *32'A 32% 35 97 97% *107 108% *96 98% *95 *107% 25% 97 200 90 ~20 20 109 26% 75% 75% 27% 28 30,400 9,600 13.400 19 20 The Commercial and Financial (1736) NEW YORK STOCK RECORD ,yApril ..19, C1954 adnoM orh Continued—Pig® 8 V Range for Previous STOCK8 Year 1953 Range Since Jan. 1 Lowest Highest Lowest 29% Dec 14 125 J/4 Oct 7 21% Oct 7 Feb 9 16'/a Jan 46% Jan 30 NEW 3 33% Mar 9 126% Jan 6 136 21'/a Jan 8 25 Feb 26 24 Nov 20 20 8% Dec 31 19% Jan 2 53 % Feb 27 68% Nov 30 60% Dec 3 42 Apr 6 94% Jan 11 8% Dec 29 69 Oct 104 18% Nov Jan 26 24% Feb 8% Jan 4 10% Jan Minn 67 11 83 Apr Minneapolis-Honeywell 66 Apr Minn 9% Jan 4 5 71% Jan 12 26% Jan 22 9 Feb 2 105% Apr 19% Mar 16 21 % Jan 23% Fea 15% Sep 23% Mar 25 16% Jan 4 19% Mar 16 41% 37 Jan 4 42.% Mar 4'/o Jan 4 Missouri-Kan-Tex tMissouri '34% Jun 4 10 Dec 31 Mar 17 6% Mar 12 15 33% Sep 15 22 Dec 31 33% Dec 13 Jan 5 6 58 % Jan Mar 17 40 Jan 4 54% Feb % Apr 15 24% Feb 16 15 '/a Jan 19 Mojud 22 13 preferred U 20% Mar 23 16% Jan 5 20% Apr 5 Monarch 15 95% Jan 79% Mar 29 87% F- b 5 28% Mar 11 19 22% Mar 12 25% Jun Jan 4 Chemical Montana-Dakota 31% Jan 4 34% Mar 26 Montana Power Co 40% Dec 31% Feb 1 42 J/« Mar 16 Jan 4 4 65% Mar 19 18 Ve Apr 15 12% Jan 16 11% Mar 24 29 15% Apr 43 Ve Jan 21 31 34% Mar 18 21% Dec 29 27% Jan 21% Sep 14 27% Mar 16 18 15 Dec Sep 12 Jan 30% Jan 6 17 21% Mar 6 5 13 43 Dec 31 104 % May 18 8 Morrell 37% Mar 3 Motorola 23 % Jan 5 Motor Wheel Motor 28% Mar 24 42% Jan 12 , 10% Apr 47% Feb 106% 105% 105% 5,300 105 11 % 105 11 .74% 11 105 '/a 10% 74% 2 3 106% Jan 14 110 Feb 23 26 18% Jan 11 21 Jan 21 50 Feb 25 22 35% Dec 29 51 Feb 2 42 'A Jan 4 44% Jan 37 4 41 4% Mar 26 700 140 11 6,680 77 *76 200 20% 20 Va *19% 20 20 19% 19% 22% 22% 22% 22% 25% 22% 22% 33% 33% 33% 34-/4 33 33-/2 3** 2 18% 18% 18% 18% 18% 18% 18% 40 40% 40 % 40 % 40% 40% 41 6% 7% 7% 7'/a 6% 7 900 2,500 78 stock exchange closed 7% 7,900 17,800 4,600 36,300 65 66% 65 65 65Va good 47% 47% 47% 48% friday 23 22% 22% 22% 22% 22% 13 % 13% 13% 13% 13% 13% 13 % 19% 20 *19% 20 19% 1,400 19% 20 84% 86 847b 85'% 85% 2,200 85% 87 21 17,800 21% 21 21% 21 20% 21% 33% 33% 33% 34'% 6,100 34 34% 34% 39% 40 40 Va 40% 39% 5,100 39% 40 8 3,100 60 60% 5974 60% 59% 59% 60% 12 13% 14 14 14% 14% 14 14 Yb —No par 1 12% 12% 12% 12% 12% 12 12% 36% 36% 36% 37% 36% 1,300 36% 36% 13,800 1 J No par Co Inc Corp Corp Brass 1,300 1 Lines & 5,900 11,300 .No par 19 19% 18% 19 19 23% 23% 23% 237a 23% ...—I 24% 24% 24% 2474 24 $ 24% 24% 24% 24% 2374 16 • Co Mi'g Corp Munsingwear Inc Murphy Co (G C) common 4% f/o preferred Murray Corp of America com 3 24% Feb Jan 6,100 65j/2 105 4674 Mullins 7 9% 80% 64% 8 16% 1 45 180 16% 16% 45 107% 16% 44% 107% - 1,200 23% 800 24 "A 3,400 23 Va 24% 10,200 16 44% 109 1,800 24 24% 16/8 45% *107% . 27,200 23% " 16% Sep 15 42'/2 Aug 26 110% Mar (John) Mueller % Jan *9% 79% 64% 65% Products 23% Mar 22 25% Mar 12 4 9% 79% 47% Co (The). Moore-McCormack 1 19% Jan 14 % May 19 50 Jan 6 15 14% Mar 23 14% Feb 13 23 V« Jan 26% Mar 13 64% Feb 4 23 Feb 974 79% 64% 64% Monterey Oil Co Montgomery Ward & Co 15 9% 79 64 % —8 Utilities 32% Mar 26 17 15 9% 80% 64% No par 10 11% Sep 5,700 46% 22% Co_ 18 10% Sep 29 % Dec 22 100 Tool Machine 53% Sep 56 1,700 21% pfd.lOO 20 A conv 29 y2 Nov 11 23% 1.26 series Inc Monsanto 14 com RR 5% Pac Co 15 % Sep 20 23% No par Mohawk Carpet Mills Mar 31 17 15% Mar 25 7 % 17 79 Sep 17'/2 Sep RR 140 23% 20% *9% 10 Mississippi River Fuel Corp 8 7% Apr 14 69% Mar 22 1,200 23% 79 Minneapolis Power & Light—No par Corp 1 Mission Development Co —5 61 70 y2 Aug Shares 63% Misskj 23 57% Sep 30% 128 22 Va 11 34% Mar 30 30% 127 23% 74 % 4 30% *127 21% 11% 15 the Week 24% 73% Feb Apr. 16 23% 11 27% Jan Friday Apr. 15 24 % 73% 34% Mar 25 30% 128 % ■105% 21 y2 Dec 14 307< *127 Sales far Thursday ' 22% 1.60 Reg 31% 128 No par 19 % Nov 17 24% Oct 18 21 30% Mfg common—No par preferred $4 Apr 21 & Apr. 14 Minneapolis-Moline Co common 1 $5.50 1st preferred 100 $1.6n 2nd conv preferred 25 11-/2 Jan 76 Min SALS THICKS Wednesday Apr. I'.i 127 Marie—No par S 26 23 Jan S Jan 29 88 & Paul 55% Jan 104 Jan 19% Jan 1 8 1st St HIGH Tuesday Apr. I'i preferred 100 Midwest Oil Corp 10 Minneapolis & St Louis Ry—No par 8% AND Monday F«f Midland Steel Prod common Feb 24% Mar 20 139 STOCK YORK EXCHANGE Highest Feb LOW 16 500 44% 107% 45% 107% 107% 107% •80 4,200 10 Myers (F E) As Bros. 19% 19% 19% 19% 19% 19% 80 preferred 19% *43% 43% *43% 44 *43%' 3,200 43% 43% 43% 100 *39% 40% *39% 41 *39% 41 41 41 200 lopsr 19% N 16 Dec 29 25% Feb 26 74 Sep 15 99% Jan 2 28 Oct 6 11 % 13% Mar 9 Nash-Kelvlnator 79 Jun Nashville 30 36% Mar 25 18'/a Jan 74% Mar 29 44 Apr National 15% Feb National Jan 8 Acme 16% Sep 19% Sep 22 15% Jan 21% Mar 15 25% Mar 20 20% Jan 26% Mar 31 National 14 38 36 Va Jan 37% Jan 9 National Biscuit 179% Apr 14% Mar 5 Sep 158% Jun 24 13% Mar 31 9 17'A Jan Mar 19 174% Dec 14 19 172% Jan 10 Sep 14 51% July 22 13% Feb 26 H 60% Dec 24 57% Jan 13% Jan 18% Aug 18 t-H; 9 19 15 2 Sep 15 76 11 % Apr 15 22% Feb 10 19% Apr 62% Feb 25 72 % Apr 15 12% Jan 4 13% Apr 20'% Jan 14 20 97 Va Feb 12 10 Dec 29 15% Jan 16% Sep 84 8 22 23 % Jan 6 Dec 29 99%'Jan 5 17% Sep 1 22% May 26 20'A Jan 8 85 VA Dec 15 96 93 'A Jan 5 29% Apr 155Va Jun 24 38% Dec 31 38 4 Feb Nov 17% Mar 31 87'A Jan 6 Jan 15 9% Jan 20% Jan 4 Sep 21 32% Jan 6 26% Jan 40'/a Sep 25 % Oct 14 52% Jan 5 46 26 30% Jan 12 21 31% Jan 25 91 2 10 Sep 13% Jan 12% Jan 28 10 5 105 Jan 29 31 'A Jun 88 Jun 84 Dec 22 25 16% Jan 27 6 95% Mar 31 13% Jan 94 Jan 20 15 Mar Feb 11 98 14 51% Apr Apr 12% Jan 4 15 67% Jan 5 4 23% Mar 17 18% Jan 4 25% Jan 30 18% Jan 11 48% Jan 5 109% Mar 9 32% Apr 106% Jan 9 Sep 101% Jun 14% May 17% July 13 59% Oct 70 Jan 20 92 Feb 9 520 Jan 8 348 34 Feb 18 ?2 400 Sep May 19% Jun 49% Dec 2g 65% Feb 15% Mar 63 Jan 1 as% Jan 5 51 New York York 7 37% Jan 19 108% Mar 2 17% Jan 4 New York 69 1 New 14 90 Jan 29 6 425 Jin 80 % Jun 21 & Y 92 Jan Apr 7 60 Feb 4 2 18 Feb 19 35% Apr 13 38% Mar 7 96% Feb 28% Feb 2 27% Jan 4 Apr 28 10 79 82% Jan Jun 22 87 Jun 29 16 87% Jan 8 86 87 3.40% 92% Marll 100 % Mar 30 94% Nov 13 Tnn 7 Sep 15 20% Jan 26 39% Dec 17% Jan 6 23 53% Jan 39% Jan 22% Jun 4 12 22% Apr 43% Feb 26 16 24% Jan 13 26% Apr Jun 15% Sep 8 83 Sep July 34% Sep 103% Oct 52 Sep 11% Jun 78 Jan 23% 23% 22% 23% 227a 227s *29% 30% _No par Pa com 30 % 50% 50% 50% 29 *28% 30% 5074 50 —10 No par , 28% 23% *28% • > 31 31 50% 51 28% 287s 29% 297B 29% 29% 29% 30% 2974 96% 96% 96% 96% 96 Va 96% *96% 8 3274 33 33 33% 33% 33% 33% 3374 11,300 132% 132% 800 100 130 130% 132 132 132 133 30 13,200 97 250 65/B 674 6% G% 6% 6% 678 6% 117B 11% 11% 11% 11% 117B 1174 5% 5% 5Vb 5 Va 12% 12% *12 Va 12% exchange 900 closed 500 1 *11% No par 4% 12% 1 5 5 12% *14 7B 12% 12% 1474 14% 14% *14% 14% 14% 107% *105% 107% *105% 147a 1474 14% 33% *34% 14% 14% *96 l%-/4 gooi3) 34% 34% *34% 34% friday 93 93 *93% 94% *93% 94% 15 14% 14% 35 94 x94 14%. 15 14% 100 *96 50 74 50 100 50% *96 50% 50 14% 15 1474 100 50% 600 80 15 *96 3,200 17,900 100 50% 50% 7,200 1 147a 15 14% 15 14% 14% 14% 14% 100 *72% 74 74 74 75 75 75 75 1 31% 327B 32 32% 31% 317s 31 7b 31% 8 2,200 19% 20 20 20% 20 20% 20% 20% No par 2,700 common 21% 21% 21% 21% 21% 21% 21% 2174 337B 34 34 34% 33% 34% 33% 34% *107% 108 107% 10774 10774 par 16% 16% 16% 16% A *107% 167a No par *87 88 50 *360 400 Co *65 Hartford Oo.lOO <te A 16% *65 % *65 *87 83 *87 400 >360 52% 14% 67 *360 2274 52 1 108 16% 67 2274 10" Corp Gas 15 23 67 108 88% 4,100 67 *87 87 *360 400 17,200 600 17% *65 * 400 23% 22% 2274 23 23% *51% 52% 52 52 52% 52% 14% 14% 14% 15 14% 15 36 Va 36% 36% 1,600 600 2,400 Corp— x36 % No par 100 36 % 3574 94 *94 94% 30 287a 287B 28 28% 12,100 86 Vz 200 86 86% *84 *90 9174 9174 100 *99% 100 % *99 74 100'A 2 22% 22% 217a 22% 25 40% 41 41 2B *26% Ry common 2,700 94 287b 29 100 Adjustment preferred 36% , 94% 28% 287B preferred Co 36 Va , *94 .7 9474 *94 , preferred Western 107,200 Oo— preferred sprier 8,100 60 100 Louis Shipbuilding Xi 400 1.5U0 107'% No par Chemical 8,3^0 stock 14% *105% 337B 8 5 107 % *105 common Electric 500 10 Fibre Co series 5"/, 400 9,300 1 St & 2,700 31% 50% 29 100 —100 Norfolk 10 *29% 2674 86 % 86% *84 91 *89 91% *89% 99 99% 99 99 21% 21% 21 '/2 2L% 1,500 41% 41 41% 4074 41 Va 10,000 2674 *261/2 *84 , 91 100 80 20 Jan 4 22% Mar 30 North 2674 2674 American *26% 267a 200 %2% 20 Jan 12 ; —10 22% 22% 22% 29% Mar 31 North 22% 22% American Aviation^ 22% 22% 22% 1 4 26% 27 Va 267a 27 20,300 8% Jan 267. 27% 267a 27% 32,800 "87B ~-r% 21 Jan 8 87 6 Deo 15 Jan 16 24 46% Jan 2 6 107% Nov 4 14 84 16 Jan 8r 14% Dec % Jan 7 38 Apr 6 107% Mar 31 5 54% Jan 16 11 9% Jan 89 1J1 87 F'b 64% Mar 13%J«n Va Apr 106% Mar 31 Mar 12 4 15 108% Feb Mar 19 109 89% Jun 19 12% Jun 15 101 Jan 9 8% Dec 29 14% Jan 13 16% Dec 30 24 % Jan 13 18 25% Apr 9 34% JUn 10 12 83 12 May 18 97% Jun 12 49% Jun 10 10 99 18% Mar 17, 18% Sep 94% Jun 8" 39% Feb 2 ■ Jan 12 16% Jan 11 Natural 11 9% Feb 8 17y2Jan 4 22% Mar 18 Gas Pacific Common $4.80 preferred 87 50 407a 41 109 % 109% 109% 30,800 10874 109 *108 3% 109% 59 58% 60'/, 59 597B 5874 59% 15% 15% 15% 15 15% 15 15% 9,400 % *90% 91% 212,500 9034 9174 *91 *91 92 10774 10774 >107 \ 108 100 1 103 103 >102 102% 22% l Airlines Inc common—10 preferred Pharmacal 2,330 15 100 -. 4,200 87 4078 58% 5 xuO , Northrop Aircraft Inc Norwich 9% 87 3974 32 preferred $4.10 4.6% 6 87 40'A rights preferred Northwest r* 887B 3972 19,300 (Minn)— ' $3.60 • *87 39% 109 100 *8 7b 887B 38% 100 Common • *87 10 Ry 8% •Trij 8% 30 Co Northern States Pwr Co 15 11 _i Ry Co preferred Northern Liar 25 7% Jan 2 Central 5%% 4 103% Apr 2 24% Mar 31 Capital Corp Northern 23 9 Co Northern 25 14% Jan 19% Mar Northeast 15% Mar 24 95 " 21 Mar 23 42% Jan 3I1 Apr 18 227B 9% 97b 22% I *107 V 22% 9% 102% 22 V'8 9 Vis 9% 108 102% 91% >107 108 80 40 101% 10174 22% 22% 6,200 9% 2,800 23 9 9% 120 jg 17% 17 17% 17 17% 167a 16% 21 1,000 2,80 Oo *17 21% 21 21% 20% 21 21 21 1,600 417a 7,600 Jan 2 38% Jan 102% Jan 41% Apr 14 40% 41% 27 7 92% Jan 4 40% .100 108% 108% 107% 107% 106% 25 7 106% Jan 3l90% preferred 106% 106% Feb 108% Apr 98% Apr —12 93% Jan .100 IIOV2 Jan *9774 •98'/a 29 97% 97% 98 % 4.56% *97% 104% Jan preferred *97% .100 *107 107 % Mar 31 10774 >107 107% 107% 108 % *106% 108 4.44% preferred .100 *107 108% >107% 108% *107% 108% *H)7% 109 106 104% Dec 9„ 57% Aug 28 6 Mar 23 54 Va Jan 26% Jan 65% Apr . 16% Sep 1 19% Dec 24" 18'A Jan 8% Dec 20 15 14% Feb 2" 71% Sep 9 % Jan 4 23 95 Va Jan For 23% 50 r23% Mar 24 24 23% Jun 23% 2,800 19 Apr 100 9% 15 14 100 V2 Jun Jun 9% 3.90% 14 19 70 9% common—No par RR 18,300 9% preferred Nopco 48 9% 3.60% 12 30 , 26% 102% 4674 /« 9% preferred 1 Mar 24 257s *101% 4/% } 9% Niagara Mhk Pwr Corp Com_No par 5 Jan po 25 *178 25% 102% 4 1 100 & Haven York $3.75 179 25% *101% 47% 152% Common 29% Mar 16 80% Nov 25% 102 46% 179 Brake Harlem Slate 4 uan 10 75 25% *101 4674 20 Preforr»>d 3 22 24% Jun 19,600 257a 102 *178 common Dock Y 1,800 *151% City Omnibus Corp-No New 26,100 92% 151 Central Chic New 1774 92 178 Inc Inc non-cum Y N N 37% Mar 23 11 $5 N 3 1,700 17% 91 151 preferred Air York 13 1374 117% 178 common preferred 31% Mar 13% 17% 90% 13% 152% Common 6% 13% 17% 179 . York New 6 Mar 23 Co 13% 152% Co Industries 15 Apr 1,700 153% 4%% preferred Newport News Ship & Dry Dock 26 14% Apr 31% Sep Newport Apr 14 32% Apr 12 20 y2 Ma r 5 Mar Ref Inc Feb 20 32,000 97B preferred New 17 11% 22% 92% 178 preferred 100 New England Electric System 1 New Jersey Pr & Lt Co 4% pfd.lOO Newmont Mining Corp —10 75 25% Jan 30 11% 22% 17% 46 3%%. 12 29 Jan 4,800 11% 22% Cast-No par Steel Newberry Co (J J) 9 34 1674 10% 22 91 1 Bros Nesco Mar 12 4m/, Jan 6 4 72% Mar 23 18% Dec 29 80 Tea 4%% 34% Anr 16% 11 22% *152% & conv Neisncr Feb 16% Jan 8 30 Jan 8 16% 10% 22% 18 25 Corp 15 5 56 30 23% Sep 17 Va Sep Nehi 106 6 3,400 100 National Vulcanized Natomas Co 1 Jan 5,800 7174 11 13 *101 Corp National Theatres 8 14% Apr 31% Mar 16% 14 71 % 92% 1 B Supply (The) [fl-eferred — —.4.20% Jan 86 16% 1374 71% 1774 No par 8 common Service Sugar % % Jan 92 % Jan 37% Aug 31 10% Sep 15 Linen 13 100 A Malleable 14 2 16'% 20 14% I 92 common—9 1951 common preferred 10* 14% Mar 30 18 4 8 6 *22 100 Lead Co National 4 Feb 38 Gypsum Co preferred 6% Prod preferred National Mar 29 93 % Apr 11 7% 8 -6 71 Xl37s Distillers pfd series of $4.50 Mar 19 5 Va Feb 13% 71% 12,200 National 7% Mar 31 13 16% 14% 71% 22% 10% 13 14 ■ 23,800 National 15 11% Apr 71% 16% 1 common. 14% 71% 1974 Mar 25 15% Nov 30 12% Jun 106 9 85% Jun 4 4 16% Apr 27 1074 Apr 12 179% 14 1,900 72% 5 4% Jan *17874 197a 4%% 14 10% Jan 179 179 70% National 11 Va Jan 179% 19% 30% Mar 12 6 13,100 179% 17974 70% 4 13% Feb 26 1,000 37% 18% National 133 24-4 367a No par 1 National Shares Corp National Steel Corp 7 24% 37 18% 70% 15 17 18% 25 36% 18% 18 27 97% Apr 187b 25 36% 71% Jan 33% Apr 18% 25 36% 17% Apr 4 18% 24% • 70% 31% Apr 4 187a 25% 37 18% Natl Jan 410 71% 29 6 Va Feb 12 7% Mar Co 51, Jan 3,700 18% *17874 preferred 4 90 1374 18 24% Mar 11 28% Jan 137a 36% 10 4 114 5,200 14% 25 -.10 Corp Jan 24 14 4 Va Dec 10 % Jun Nov 10,000 44 1 Inc 180 24% Jan 5 13% A—. 26% Jan 29% May 20 116% May 20 7% Apr 1 6 21 11 13% 78 4374 8 Fibres Register Lines Inc conv National 4 7 8 % Feb 13% 13% 7674 44 70 % 9 141 % Jan 137B Cylinder Gas Go—— 1 Dairy Products 10 National Department Stores 8 2 4 Nov 13 7B 137B 77% . National 15 9% Dec 29 37% Mat 19 5 43% *77 National 15 Apr 146 25 % 4 Va Jan Apr 179% Apr 152% Apr Jan 31 24% Jan 48 172 20% Dec 104% Jan 26% 15 77% 44% common. Container $1.25 100% Mar 16 4 9 22% Sep 86 % Sep 4 17% Jan 173% Nov Apr .15 National 4 5 18 12 7 City 17% Feb 56% Jun 132 Can Cash 19% Jan 19% Mar 27 66% Dec 14 3 National National National 8 5 20% Dec 14 77 44 Corp Co preferred 25 Mar 22 16% Apr 10% Jan 2 11% Jan Aug 31 Sep 21 Jan 7% 76% 44 .1 Automotive 14 13% 76% 43% Airlines National Jan 14 137/B .100 Sti Louis.. Aviation 34 ; 14 14% ■ 1 & Co Sep 8 14 Corp Chatt footnotes see page 9 24 73 Jan 4 13 -30 Apr 5 20 Apr 1 12% Jan 20 84 Mar 3 Ohio Edison Co Ohio common. preferred Oil Co - preferred Oliver 4%£ Corp common convertible preferred 41 14%. 41% 1 06 - 170 98% 6474- 1 65 64% 65% 64% 647s 29% 20 100 41% 297a 29% 297« 29% 2974 20 _jfo par Oklahoma Gas & Elec Oo 00m—10 4% 41 20 1974 1974 *19% 117a 11 % 117b 11% 11% 11% 11% 81 81% 81 81 • 11% » x80% : .80'/a 80 . 80 - - 20 64% 297« *1974 - 65% 2974 20 60 40 7,500 1,900 300 7,000 210 Volume 179 Number 5317... The Commercial. and Financial Chronicll (1737) NEW YORK STOCK RECORD Kaace for Prevloui Year 1953 Lowest Kange Since Jan. 1 Highest Highest 15 % Dec 28 37% Aug 31 46% Dec 21 28 42% Oct 21 Feb 20 79% Oct 2 38 Sep 14% Jan 16 81 16 Jan Omnibus 7 Corp Apr. 13 Wednesday Apr. 14 Sale* far Thursday, Friday Apr. 15 Apr. 16 ,: the Week 8 Outboard Marine & Shares Jan 12 87 Jan 8 11 59% Apr 15 12 84 '/2 Apr 15 15% 15% 15% 15% 15% 15% 50 y4 15% 51 51 15% 51% 51 % 11,300 51% 2.60 55% 31 y4 55%- 51% 55% 55% 5,100 55 55% *85% *85'/a 55% 55% 85 % 1,000 85 '/a — Outlet Co Jan 5 No par 13 56% Apr 77% Jan Mar 12 Tuesday Apr. 11 —No par 51% Apr 13 50 LOW AND HIGH SALE PRICES Monday (The) 11 Jan 85 6 Continued—Pact 9 " Pgr Elevator 44% Jan Otis ' STOCK EXCHANGE 26 37 55 % Dec 21 18 09% Jun Jan 84 NEW YORK Lowest 4 OH Mar ^ STOCKS Mfg Owens-Corning Flberglas Owtns-Illinois Glass Co Corp 8 58 % 80 58 58 y2 59 85 % 59 ya 81 "" 58 12.60 86 81% 82% 82% 84 16 •83 86 20 59 % 59% 1.500 83 84 % 8,800 P 16 Oct 28 7% Oct 6 34% Dec Dec 88 11% Jun 18 80 14% Jan 20 11 16% Mar 12 82 Mar 14 88 Pabco Products Inc Jan 7 11 8% Feb 9 Pacific Pacific 4% Mar 10 13% Jan 5 7% Jan 21 48 3 33% liaT 3 35% Feb 8 55% Jun 16 73% Mar 28 60 5 62 Feb 10 Oct 15 57% Mar 2 45% Apr 6 48 Feb 9 25% Jun 16 30% Feb 24 28% Jan 4 32% Feb 4 46 34% Jun 40 10 33% Not 2 30 25 4% Sep 20 8% Apr 3% Dec 15 Jan 4 . 4% Mar 31% Jan Coast preferred preferred 2nd Pacific 26 Feb 120% Mar 15 Pacific 9 Pacific 12 6% 5% Apr 14 Pacific 37 % Mar 16 Pacific 8 8% Jan 9 Feb 4 6% Jan 1 ¥ 3% Mar 11 4 Jan 5 Packard 11% Feb 2i 9% Jan 4 11 Feb 5 Pan Amer 52% May 25 88% Mar 25 47% Jan 5 62% Apr 13 69 y4 Jan 4 82% Apr 15 88% Dec 97% Jan 4 81 1 May 13 30 5 4% ' 19 15 23 30 34% Jan 44% Jan « 10 24% Sep 5% Sep Dec Jan 4 26% Jan 4 7 21% Jan 18 7 31% Jan 4 Apr 2 30% Mar 27 30% JuU 10 33% Jun 16 15 21 14 27 Mar 37% Jan 1 29 8% Apr 9 - 8 7% Feb 23 Patino Peabody 38% Mar 12 22 6 Jan 8 20 18 Jan 7 38% Dec 11 36y« Jan 6 39 Feb Dec 3 30% Jap 4 37 Mar 30 21% Aug 10 29% Dec 14 28% Apr 7 25% Apr 13 29% Mar 5 29% Nov 30 28 8 29% Jan 65% Mar 19 81% Dec 10 Jan 5 32 27% Aug 10 26% Aug 27 . 4 3% Jan 25 10% Mar 15 12% Jan 25 23 s Feb 10 Jan : 3 29 9 73% Jan 4 15 14 14% Apr 23 39% Mar 19 11% Jan 5 13% Feb 30% Sep 37% Jan 4 43% Mar 23 27 10 41% Dec 28 38 . 82% Mar 12 * 101 8ep Jun Jun 2 30% Jun 10 107% Feb" Jan 25 Apr 13 35% Jan 4 105 3 35% Mar 18 ft Apr 18 104 16% Dec 29 40% Dec 29 28% 8ep 11 127 28 Sep 15 106 Feb 5 11 A Apr 109 Mar 15 45% Apr 32 y2 Jan 15 31 Mar 18 4 15 146% Mar 19 Penna 9 18% Jan 4 23% Apr 15 Petroleum 12% Apr 7 15% Jan 11 Pfeiffer 32% Jan 11 38 11 Pfizer 24 July 28 34% Oct 20 108% Jan 2 91% Jun 18 29% Sep 21 43% Feb 28% Jun 16 32% Jan 20% Jun 24 * 104 112% Mar 30 5 30% Jan 4 19 32% Jan 4 37% Apr 15 3T% Mar 25 25% Mar 17 23% Jan 106 99 Jun 1 111 Jan 5 Jun 24 99 Jan 2 96% Jun 10 108 Feb 26 103 108% Not 12 107 104 July 8% Sep 7 7 94 15 12 95 Apr 90 Jan 86% Mar 17 98% Jan 5 29 Dec 23 29 98 Jan 29 93% Feb Mar 9 4 64 % Apr 69% Mar 25 53% Jan 19 May 18 37% Jan 14 11 Jan 8 35 Jan 12 Jan 2 22% Mar 27 106% May 22 29% Jan 5 18% Dec 29 77 Dec 24 94 Feb 17 76% Dec 29 97 Jan 7 15 59 % Feb 3 11 Sep 15 148% Apr 21 153% Jun 11 44 Sep 18 6% Dec 31 12% Sep 60 16% Mar 18 162 Sep 165 Feb 3 Jan 29 28 Apr 13 4 22% Mar Jan 6 83% Apr (5 4 84 3 49% Feb 42% Mar 11% Jan 160 Apr 13 15 53 Jan 14 6% Jan 12 yB Jan 4 60% Jan 4 Mar 20 62% Jan 11 24% 25% *28 y2 25% 25% 25% 25% Apr Mar 69% Feb 15 5 4 7% Mar 22 15 y® Apr 65 Jan 68 8 28 Co Mar 19 29 *28 29 *28 *28% 29 *28% 29 79% 80 79% . 4,400 12 '/a 12 12 12 Va 12% 12 12 43% 43% 43 43% 43 43% 2,200 1 *39 lA 40% *39% 40% *39 y4 *105'/4 107% 105 y4 *105'% par 41 '/4 41% 41% 41% 40% 41% J* V* a7a % iae 372 106% 107% 107 106% *106 100 106% *106 81 . 105 6 107 106% *106 29 14% Jan 19% Mar 23 16% Jan 8% Apr 4 16% Feb 2 Poor 18% Apr 5 Potomac 9y4 Jan 14 5 & Co 45% 45 '/4 45 % I,600 32 y4 141 *36'/a 32 103%, 105 >/4 5 22 ya 22% | 1 com 100 12% 33 V* 107 141 *36% 37% 15 'A 32 141 32% 141 *47% *105 13 14 38 Jan 26 4 y2% Feb 17 78 Apr 15 Procter 9y« Mar 31 11 Jan 20 Publicker 22% 12% 33% 107 33 Va 106 106 >/2 383 4 23 13 12% 33% 107 33 >/a 106 Va :• 33,000 "20 107 23'% 4,100 13 5,200 33% 17,200 107 35% 36% 35% 36% 36% 37% 37 36% 36% 36% 36% 36% 37 25% 25% *24% 25'/4 110V2 110% 111% 111% 350 37% 36% No par 25 % 100 *110'% *98 25 25% 112 25% *noy2 112% *98 9.9% 99% *98 108% 109 109 8% 8% 8% 8% 8% 32% 32% 33'/a 32% 88'/2 41% 88 V2 90 90 41% 41 97% 100 *84 91 *85 *30 34 *30 *95% 98 *95% 62% 63% 62% 12 *11'/4 25 39 'A 39% 101% 101% RR POO com—No par 27 *11% 39% 27% 20% 4,600 EXCHANGE 2,100 60 CLOSED 99% 105 GOOD 109 FRIDAY 130 570 8 % 8% 9,200 33% 15.100 91 91 270 40% 41 II,000 *92 % 41% 95 91 95 *86 91 32% < 31.300 STOCK 33% % 91 *92% *30 32% *30 32 98 *95% 98 *95% 98 63% 12 62% *11 % ♦88 64 63% 12 *11% 28 39ya 39% 39% 101% 101% *101% 127% 39% 27% 26% *105 *105 20% 41 *108% 8% 33 97% 101% 101% 27% *105 20 'A 91 41% *92% No par 105 104 >/2 32% *93 *98 104% 1 100 99% 105 3 common__5 com 100 15% 47 y4 *105 23 1,500 37 15% * 400 32'% 142 36% 20% 20% 91 64% 17,600 12 2,700 39% 260 102 27% 3,500 20% 3,300 *105 21 20% No par *83 '/2 85 *84 85 *84 85% *84 85% (conv) No par *83 'A 84 *83% 85 *83 % 85 *83% 85 Coal Co I No par 100 com class A prior pfd 100 100 100 l common preferred 100 5 Pocahontas conv & *105 37 No par B— Power Co No par 10 Pressed Steel Car Co Inc Apr 68 15% 48% 13 33% 107 No par 2 Electric 35 141 % 15% 22% 12% 33% *32 37 !':•>■ *47'/4 106% 22% 107 32'/a 141 *36% 48 15% 15% 48 32'/a 141 38% 15% preferred class 110 44% *47'/4 Inc 7 340 44% 1 17% Jan 107 106% 44 Pond 13% Oct 107 43% 5 (The) Creek 107 106% 107% 43 'A 5 Pittsburgh & West Virginia Young & Ash pfd 29 400,700 32,700 No par 1st series Jan 6,000 16% 35 6 50 , 16'/« 5 Apr 41% 16% Plymouth Oil Co 28 100 107 Va 41% 16% 16 3 •105% 16% 100 Inc preferred conv 107 16% —100 (conv) Chem Co 400 39 12.50 Pittsburgh Steel Co 5%% 40% 16% Pittsburgh Forgings Co l Pitts Ft Wayne & Chic Ry com—100 7% guaranteed preferred 100 Pittsburgh Plate Glass Co.— 10 Pittsburgh Screw & Bolt No par Plough 81 16 % 28% Mar 11 15 % 10 common L 80 80% 50 100 St Co "40 43% 99% Apr 12% Feb 21% Jan 27 70 29 28% 1,100 43% common preferred 6ya% 1,000 28% .100 convertible 5% 1,500 36 % 12 '/a Corp Pitts Consolidation 13% Feb 169 10% 38 79% 00 Corp & 10% 38 7 preferred & 500 25% 1 30% Dec 23 20 24% 4 Jan 15% Jan *35% 11 10% Feb 7 36% 89 y« Jan 24 11% May 10% 38 Pittsburgh 2 39 May 7 71% Dec 18 10% 36% Pittston 14 8 3.300 14 12% Jan 15 3 12 34% Apr 46% Feb 7% Sep 3 24% Apr 14 59% July 1 9% Dec 31 3% 148% Feb 15 34% Jan 3 5 Sep 10% Sep 8 3% 8 23% Sep 13 3 12 14 Jun 3 19% Jan 9 Sep 16 3 18% Jan Jan 18 July 30 11.400 148% Feb 146 98 4 10 & Co Inc preferred Pitts Coke Apr 160 4 5 14 3% 38 Petroleum $4.80 27 86 4 37% preferred 19% Jan 58% Mar 16 25% Mar 18 4 100 Hosiery Pillsbury Mills Inc 80 6 Apr 27 31% Jan 2 7'/a 4% 10% Phoenix 77% Jan Jan 150 7% 4 No par Jones C 600 7% 4 36% Ry Co series C 7% 7 y4 3% 36% preferred $4 *7 4,600 38% 37% Corp of America Pitney-Bowes *38 *10% preferred series A Phillips Pitts 73% Feb 15 3 8 103 21% Jan 17% Sep 15 13% Mar 39% Apr 8 162 75 38% 7% 36% preferred 5% 11 15 31 38% 37% preferred 3.9% Jan 21 Sep 21 69% Dec 38'% 10% Reading Coal & Iron Corp common Phillips 100% Jan 6 9% Feb 26 14,500 10% & 4% 97% Apr 30 101 300 33% No par Philip Morris & Co Ltd 31% Mar 5 15 6 30% 24% 33 '/a 7 100 Brewing 3%% 44% Jan Jan Dec 41% Sep Mar 38% Feb Sep 21 July 22 30'/a 108% 85 54.100 24% 109 Mar 13 10 8% 30% *108 Phila VA 37 % $1 conv preference com preferred Philco 8% 24% 100 28 8% 33% *104% 10 Jan 30% 8% 38% 33 %c Electric 7,100 33% 105 10% Jan 900 82% 103 *24 Va *104% 33% Apr 64 81 *102 33% 100 46% Sep 19 31 25 preferred 15 *63 82»/4 102 V* 33% . 4.3% 17 79% 102 25 31 4.68% 8% Apr 63 y2 *63 7% 30'/2 109% Mar Jan 106% May 22 80 103 106% Mar 31 32 95 79% 11 Jan 30 62% ' 11 83 Dec 17,900 Jan Nov 27 18% Jan 27 82% Jun l 18,100 Jan Feb 87 200 3% 100 28 23 8% preferred 5 *8% 10% 4.4% 2 8% 3% 3.8% Apr 8% 30 36 common Phelps-Dodge Phlla 18,700 10% *102 25 28 preferred 2nd 35% 100 Eastern (Chas) 4% 35% 3% 113% Mar 29 8 55 4%% 36% No par 25 Light com___No rights Co 34% 430 10% 101 • 88 & 30,800 145 3% 5 18% Jan 101 Peoria 5% 119% 10% 11 36% Jan 29 25% Mar 29 30% 5% 119 • 7% *24% *144 % 5% 3% Jan 21 88% Dec 11 7% 144% 10% 62 62 103 '• i %. •, 119%? 5% 3% 791% J 79% *101% ;■ 8% 119 144% 10% 33/4 95% Jan 26% NOT 27 80 Apr 28 41% Dec 29 Feb 22 8% ' No par & Pet Milk Jan 86 preferred Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples Gas Light & Coke lot % Feb 19% Mar 25 8% 33 preferred 6 30 61% 119% 119% *144% 145% 5,;'" 5%: 34% 35% 11 38 4.40% series preferred Pennsylvania RR 30 14% Dec 35% 34% preferred Power 49% Mar in«;i/, M*r 23 34% 1 Glass Sand Corp com Jan 21% Mar 4% 24 5 Co Penn Coal & Coke Corp Penn-Dixie Cement Corp 105 8 119% 145% 4% y4 5 Penney (J C) 48 15 "2,400 28% 28 8ep 17% Sep 24% 29 Dec 89 23% 34 Pepsi-Cola Co 4 24% 145% v 5 common prior 16% Mar 12 11 24% *28 49 Feb 24 *28'% 13% Jan 38% Aug 21 25 119 25 15% May 21 4 24% 1,700 preferred 15 9 9,700 36 $1.30 10% Jan 40% Feb 41% 35% 25 48 Mar 26 41% 36% preferred 14 33 41% X35% $1.32 Sep 22 v ~ 41% 36% No par Ford 4%% 15 134% Jan & 2,900 41% 10% Enterprises Co 31% 41% 1 Co 31 Va '36 % No par 2.50 Peninsular Telep common $1 preferred Common 18% Feb 32% May 27 Penick & Coal conv 4 106% Apr Proof 31% 41 % *8% Corp 31% 36% ^,• ■-3% Corp Co— 34% 36 1 —_1 \ *58 *34 41'/4 — 1 •'r -;v"> y•.■ > Transportation 5 Mar 18 148% Mar 16 FRIDAY 100 Distillers 50 1,300 GOOD 46 No par Corp Mines 5% 5 62% Jan 5% Penn 15% Mar 25 2 63 *45 Corp ''I" -1 V V & Rust Parmelee 24 41 Mar Parker 42% Mar 22 5 23% Jan Dec 42% Jan 14 106% Feb *58 40 Airways Inc Pictures Davis 7% Apr Jan 63 *45 10 Tilford & 17 2% Dec 27% Sep 15 20% NOT 2 Park Parke 15 3 *58 31% 100 Car Oil Paramount 3y4 Mar 12 30 10% Oct 34 Panhandle 35 y« Jan 8% Jan 4% Sep 8% Apr 31% Mar 31 6% Feb 39% Jan 6% Sep 63 100 '<' 34% 46 preferred ' *34 ,31% •34 v 31% Panhandle East Pipe L com—No par 4% 34% 5,300 CLOSED *45 preferred ' EXCHANGE 7 *'a 31% Pan-American Petrol & Transp 102% Mar 19 STOCK 87 Va 7% 46 com Consolidated World 16% *85 % 7% 63 No par Motor 16% 87% *58 Western Oil Corp common_4 28 10 V4 •85% 7% 7% " *45 preferred Tin 16% 85 r 35 No par Mills 145% Apr 5 4 16 85 . v:,; 7% >34 25 Corp— Telep & Teleg 7% No pax 10 noncum Lighting 73/4 No par noncum Pacific 87% ■ ■ —10 common Pacific Gas & Electric- 13 18% *86 .-8 Finance Corp. 8% Sep 14 33 Mar 2 «4% Oct Co ~ 16 100 Inc 36% Apr 13 137% Jan 1st Fisheries Amer No par' com preferred- conv 41% Mar 18 12 114% Jan 28 9% Jan 4 33% Feb 23; 47% Max 31 16 Jan 39% Jan Mar 17 8% Jan 15 22% Feb Mar 17 119% Mar lo 142% Jan 22 22 120% Jun '• 34% Dec 31 23% NOT 25 110% Sep Mar cum com (Del).l preferred series A—50 Gamble No par Industries 46% 13 47 46% 1 13 13 *157'/2 163 *157% *166 169 166% 57 58 57% 7 7'/a 7 47% 13 y. 58 '/a 166% 7 14% 14% 15 14% *63% 65 *63 y2 *19% *147 20% 20 23 24 20% 67% 20% 7 98% 28% 15% 18% 1,000 57% I 7 5,400 7'/» 3,300 14% 15 63 % 63% 67% 20% *67 20 9,900 30 200 68% 500 20 *147 24 24 24% 98 98% 98% 99% 24'/a 99% 99% 5,900 24% V 950 12'/a 11% 12 12 12 *11% 12 y. 400 27 26% 26% 27% 27% 27% 8,200 28% 27% 28% *28% 29 28% 28% 15% 15% 16% *16'/a 16% 16% 16% 1,800 18% 18% 18% 18 % 18% 18% 18% 6,800 8% 27,900 o 8% 8%, 35% 35 35'/a *34% 36 77% 76% 77'/a 75% 9% 9% 9% 77% 9% 7« 9% 77% 9% 8V2 110 57% 76%. *35 10 169 65 23% 97% *12 26% 23 %> 3,400 13 15% *147 *147 47% 160 *169 57% 63% 67% 12% 160 166% 14% 67% 46% 13 63% *66'/4 : ,67% 47% 163 57% 166% 7 47 *12% *157% 163 8% 35% 8% *35 8% 8 y4 9% 400 200 6,900 3,800 5 9'/2 76% Dec 29 26% Jun 5 82% Jan 5 72% Mar 16 80 Jan 20 74 V2 74 75 74 >A 74 % 74% 75 460 11 33% Jan 18 35% Feb 17 $4.75 cum preferred No par Public Serv Co of Colorado—— 10 74% 35% Dec x33% 34% 34 34% 34 34 '/a 33% 34 4,700 29% Jun 18 37% Dec 29 35% Jan 7 38% Apr 12 Public 38% 38% 38% 38% 38% 38% 38% 2,500 23 84 V« Nov 5 38% 82% Jan 7 26 5 25 y4 Jan 12 73 Jun 22 Jun 3 25 Sep 15 24% Jun 22 24% Jun 9 92 Jun 4 101% Jun 18 35% Sep 15 42% Sep 14 103 Jun 2 25% Aug 31 131% Jun 17 20% Sep J1 Not 68 Jan 27% Oct 30 27 y4 Jan 20 27% Feb 24 27 Jan 5 92% Mar 27 3 Mar 19 28% Jan 26 Indiana—No par preferred 100 preferred 25 4.90%preferred —1 25 4 27% Apr 12 25% Jan 4 $,1.40 dlv preference com—No 4 28% Apr 103% Apr 9 98% Jan 6 4.08% 109% Jan 6 107% Feb 2 109 43% Jan 20 40% Jan 4 25% Jan 64% Jan 2 47 Jan 4 109% Mar 4 108 Apr 6 30% Mar 28 Jan 5 21% Jan 25% Jan Jan 143 146% Feb 15 15 4 5 4.70% 12 Pullman 60% Apr 15 110% Jan 29 30% Mar 16 103% *106% 107% *106% 107% *106% 107 Vt 46% 47% 46% 47'/a 46% 47'/a 6,300 60% 23,600 57% *108% 58% 109 ' 28 57% 109 27% 28% 58% 109 29% 27% 58% 109 29% 109 29% 29% 22% 22% 22% Radio Corp of America com—No par $3.50 1st preferred No par x27% 28 27% 28 27% 28% 27% 28 Va 79% 79 % 79 % 79% 80 80 2% Jan 4% Mar 24. *103 27% 22% 6 page 103 % 27% 28»/4 *153% 4 see 15,700 *102% 28 29% 5% Dec footnotes 15.200 28% 102% 27% 22% 15 28 ey8 Mar 30 1 5% Mar 30 4 27% 28 *101% 154 'A 3% Sep 12 600 22% 9 Jan 700 27 29% 11 37 100 26% 27 153 »/2 ' 90% Jan — 91 *26'/a 27 29% 81% Feb 9 No par common preferred *90 % 26% *26% 22% 28% Apr Nov (The) conv 91 26% 27% 154% 76 47% Mar 25 100 No par 99% Mar 29 41% Apr 15 Quaker Oats 6% Co (The) preferred com 79'/4 155 -153% 1 6 % 6% 6 6'/a 6 6y« 6 .1 5% 5% 5% 5% 5% 5% 5% Ralston Purina Co 3%% pfd—100 Raybestos-Manhattan No par *98 40'% 99 40'% RKO Pictures Corp Theatres Corp. RKO 50 91 26% 91 29% 22% Jan 11 96 100 preferred Inc 27% 27% 28% 28 '/a 102% 102% *106% 107% 47% 47'/a 57% 57 V2 *108'/2 109% 26% *27 22% 2 30 preferred cum par *90 154% 8 26 No par com 27% I 4% Jan Feb Oil Gas 26% 100 Mar 10 79 35% Dec 6% & 91 *26'/a 27% Quaker State Oil Refining Corp—10 • 29% Jan 4 Pure El *90 23% Mar 26 155 18 Jan Serv Feb 19 Jan Pub 47% Apr 15 4.32% of 6 Jun For 3V2 % Co com Jan 102 2% Oct 86 Serv Inc *98 99 *97 y2 99 41 41 *40% 41% *97 V2 41 % 155 80 400 1,700 60 2,500 37,900 80 % 1,400 6'/a 108,300 5% 24,500 99 41% 600 21 22 The Commercial and Financial Chronicle... Monday, April »• (1738) 19, 1954 - f NEW YORK STOCK RECORD Range Since Jan. 1 Year 1953 22 Sep 307/8 Dec 8 Lowest Highest Lowest ■ Real Bilk Hosiery 33% Apr 36 8% Jan 11 13 26% Oct 9 33y8 Jan 8 26% Jan 36% Dec 24 41'A Feb 5 36'/a Feb 1 31% Dec 22 36 6 30% Jan 28 6 26 Feb 16 4 18 % Jan 15 22 14 27 Mar 10 28 39 ' Mar 24 Apr 12% Jan 6 29 y2 Nov 16% Oct 6 22'A Mar 23 16 y2 Jan 157/a Jan 16 12% Jan 8 7% Mar 20 4% Jan 5 Apr 2 9y8 Apr 9 ' 5% Mar 19 29 Jan 8 10% Jan 12 12 Sep 15 4 Dec 23 25 Sep 23 31% Feb 26 9% Dec 18 14V2 Jan 19 > Jan 29 62% Jun 1 57'/a Apr 6 19% Feb 2 14 'A Jan 4 84 21 Sep 14 97 Jan 23 18 100 18 Aug 14 23% May 25 19 Jan 11 22 Jan 11 13% Sep 19% Jan 2% Sep 9% Sep 27 12 17 40% Sep 108% Jun 93% Feb Jan 4 3% Feb Reo 10 y2 Jan 26 11% Jan 14 11 51% Apr ,118% Feb 12 3 ■< 114 Mar 8 10 115% Mar 17 31 'A Apr 7 42% Oct 30 37% Feb 24 5% Feb 13 6% Apr 22 6% Jan 5 Apr 7% Jan Jan 16 51% Jan 12 68% Apr 8 6% Jan 21 56 42% Sep 14 4% Sep 21 36% Dec 22 49 31 58% July 21 90% Jan 5 Dec 48 80% Jun 14 22% Sep 14 43% Sep 14 Oct 9 22 6% Apr 23 iiy8 Dec 31 26% Dec 29 16% Sep 22% Oct 15 92 13 88 Feb 104 Feb 7 10 14 44% Mar Rochester 2 24 14% Dec 29 14 4 Jan 8 178 Apr Dec 17 96 Jan 18 105 Mar 29 10% Jan Jun 6% Sep Jan 13 7% Jan A 105 14% Jan 22% Jan 30 62 Nov 21% Fe> 17 4 Rockwell Spring Haas Jan 29 15 4 19 16% Mar 43% Apr 13 Apr 6 88% Jan 4 96% Feb 11 5 31% Jan 11 38% Apr 22 43 y4 Jan 7 19% Nov 24 18% Jan 14 33% Jan 30 23'/a Jan 4 61 Sep 14 77% Feb 2 62 y2 Jan 211 Sep 15 May 26 150 17% Sep 91% Sep 21 Sep 8 70 Feb Apr 5 248 Jan 26 160" Sep 14 123 Apr ;9 125 Apr 9 25% Apr 14 24 15% Apr Feb 10 6 11 Jan 4 12 y8 Jan 26 Savage 6 19% Apr 15 22% Jan 20 Jun 19 1 18 24% Dec 29 81% Jun 30 98 91 y2 Jan 15 95 Feb 8 105 Feb 26 4 2 3 102% Jan 15 3 17% Jan 5 Jan 14 Feb 68 y2 Jun 15 79% Jan 29 74 Feb Jan 4 Jan 5 106 % Mar 103 % Nov Jan 8 117% Apr 7 Feb 85 56% Apr 17 627/b Dec 20% Sep 11 £■ 8% Sep 15 12 y4 Mar 12 13 14% Feb % 13 3 26% Mar 27 57% Mar 16 49 y2 Apr 14 15 62% Apr 22 26% Feb 6 25 y2 Jan A 29 y4 **eb 5 24 79V2 Dec 22 76 y2 Jan 4 5 6 15% Jan Jan 20 29 y4 Jan 4 30 143 y4 Mar 20 36% Jan 11 43% Mar 20 32 Va Jan 7 Mar 15 7% Mar 12% 13 12% 13 12% 84% 85% 85 85% 93% *94 *93Va 95 93% *100% 104 *100% 28Va *88 90 50 28% 28% 28% 1,400 *88% 107 20% Shelter A) Mfg Sheraton Pen Co 47 48% 48 49% 48% 49% 26 % 26 26 Va 26% 26% 26 26% 105% *105% 105V4 *105% 105% 116 % 117% *105% 105% 112% 113 *13% 14% Corp *26 92 *105% 113 *80 114'% *13% / 116 116% 617 ; 14% *13% 61% a *13% 62% 62% 62% 24 61 14% . 24 24 24 1 700 41% 42% 40,000 25 47% 48% 47% 47% 7,200 10 30 30 30 30 30 1,100 Corp : 7% 7% 36% 36% 36% *36% 36 7 a 45 44 44 *43% 44% 110 *14% 14% *14%- 14% 14% 14% 14% 15% 1,900 _5 Solvay American Corp 4% 6 Jan 11 18% 18% 19 19% 19 19% 12,000 42% 51,600 11 5 17 6 26% Mar 22 South 5 33% Feb 10 28% Feb 2 31% Feb Southern 35'/a Dec 29 49% Mar 18 36% Jan 4 457/8 Mar 38 Sep 11 36% Sep 21 49% May 20 39% Jan 11 46% Apr 15; 40 37 Jan 5 43% Apr 15 73 80% Oct GO Jan 14 41% Mar 30 13% Feb 9 20 5 4% Dec 31 7% Mar 17 4% Feb 18 5% Jan 4% Dec 7% Mar 25 4% Mar 16 6% Apr 103 Oct 2 44 Feb 18 98% Feb 2 101% Dec 16 102 Feb 12% Sep 14 35% Sep 14 5% Sep 14 19% Jan 5 14 Jan 21 60% Dec 22 49 y8 Mar 20 105 Feb 10 106 55% Mar 31 61 13 Jan 19 Apr 15 19 103% Jan 27 4 17% Apr 9 11 58% Apr 15 8% Jan 14 ' 9% Mar 19 43% Jan 6% Jan 67% Mar 23 53% Jan 4 61% Jan 7 31% Jan 24% Jan 11 35% Apr 9 28% Jan 5 32% Apr 14 6 29% Mar 18 80% May 5 12% Dec 29 91 10% Sep 20% Mar 18 4 1 5% Co com_4.50 16% California Southern \ 5% Co Railway non-cum Mobile St D 5% 16 % *53 54 *33% 34 37% 37% *37 33% 38% *37 37% 41 41% 41 5% 16% 16% 16% 3,500 5,700 53 53 600 33% . 34 1,500 *37 37% ' 200 41 41% 41 % 13,700 16% 16% 16% 16% 17,800 26% 26% 26% 26% 7.50 30% 30% 30% 31 30% 31% 30% 31% 6,400 No par 41% 42%. 41% 42% 41% 42 % 40% 41 % 41,600 44% 45% 45% 45% 46% 38,600 42% 42% 43'% 431% 43% 3,100 81 82 *81 83 131 13 *12% 13 tr 50 ctfs 100 1 par 43% 44% 41 *41% 42 *81 83 *81 83 13 13 % 13 12% 4% 4% 1 6 6 par *103 109 42% 4% 6% *103 .1 4% ~ 6% 6% *103 109 6 59% 60% 60% 60% 102% 102% *102% 103% 16% 17% 16% 16% 1 57% 57% 57 57%2 2 7% 7% 7% 46% 4% l 4% . 6% 109 40% 900 160 1,100 4% 6% *103 2.000 6% 4% 3,900 109 61 60% 60% *102% 103 % *102 V* 103% 16% 16% 16% 16% 4,400 57 57% 57% 58% 12,500 7% 9,400 60 3,500 20 7% 7% 7% par 57% 57% *57 57% 57% 57% *57% 57% _5 33% 34% 34 34% 34% 34% 34% 34% 5,100 com—No par 31% 31% 31% 31% 31% 32% 31% 321/4 11,900 No par *90% 91% 90% (stamped)_No 11 86% Jan 4 6 12% Jan 12% Jan 7 14% Jan 27 Standard Coll Products Co Inc 28 13% Apr 14 Standard $3.50 preferred 16% 53% 32% 100 Inc 5% 16% . Standard Brands 16% 53 5,400 166 26% common pfd 16% 53% 33% common__No par stk *158 5% 33 % *53 18% 18 18% 16% Feb 24 5% 41% 42% 160 26% (Del) Co Gas 17% 16% 17 % Jan 92% Mar 30 5% 41% *154 26% preferred Ohio Conv $.4.50 "17% 162 550 16% preferred Spiegel Inc 41% 17% 1,300 26% Spencer Kellogg & Sons Sperxy Corp (The)-— Square 40 % *153 8 5 Spalding (A G) & Bros Inc Sparks Wlthinglon Co No Spear & Co common $5.50 preferred No Spencer Chemical Co common 4.60% 5% » 18% • Elec—No par Natural Gas Co Pacific 18% 18% 7% 25 Edison (The) Indiana Gas & South'n 40% 162 8 25 Southern Co 5 9 12% Jan Platinum & E & G preferred Southern • 10 82% Mar 15% May 25 Gold 18 *154 5% preferred —. 51) South Porto Rico Sugar com_No par 15% Jan 40% 1 1 25% Jan 36% pfd—100 South Carolina 37% Jan 11 15 Co 9 24 7% *44 Socony Vacuum Oil Co Inc 39% Mar 1( 16y4 Feb 2 8 *36% 15 27 y8 Feb ■ 37 Smith-Douglass. Co Inc 9 2,200 45% 15 11 *29% ' No par Inc Aircraft 7% 47% 7% 7% *44 19% Apr 15 3,000 41% 42 y2 Apr Jun 9,400 7% 41% 4 33% 16% 16% 16% 8,200 40% No par Smith-Corona 13% Sep 22% Jun 93% 38 % 15 8% 16% 700 27 92% 38% 15% Apr 38% Mar 29 *26 92% 39 100 18 16% . *38% 101) Dec 91% 38 % Corp— Amer 8% 27 *26 92% 38 40% 47'% preferred South 8% 27 No par Steel preferred 2 63 % *62% 33% Sc O) 16% 63% 33 (Alexander) Inc common__20 Mar 15 7,800 33 3%% _ 1,000 8% 7% 4.20% 11 8% 8% 32% 29 Jan 8 % 8% , 7% 29 34 900 8% . 33Va 46 % Jan Mar 12,500 7% 40 y2 Jan • 2,400 14 32% 4 54 2,800 No par ; — Mar 29 37% Jan 10 18,600 ' of America new_50c Corp Jan 8 20 80 Va 47% 1 (A 26 80% 46% 15 36 May 21 81% 81% 900 Corp Smith 31% Feb 100 20% (W Smith 49% Jan 90% 109 *20'/a Sheaffer 9 1 *88% *107 20% Shell Oil 43 13 90% 107 20% 6.500 9% Feb 5 10 102% 15,800 3iy4 Mar 22 17 y4 Mar 3,900 FRIDAY 102% 8% 5 6 % 8,100 GOOD 102 % *80 61 It 7 4 a 81% 60% 7% Apr 5% Jan 91 15,400 28% 107 20% 13 84 7 *94 EXCHANGE 102% 28% *105 20% 95'% 600 1,500 CLOSED 12% 84% 1 1,400 STOCK 34% Solar *80 88 % 107 ; 26% 4 page 20% 28% 25% 50% Oil 14% Jan 15% 8% 5 see 88% *105 103 170 *24%. 13 84% 10 99% 15'ia *99 8% Mar 23 footnotes 98% 102,500 *8% Apr "or 98% 40 25% 25% No par 21 15 25% 98% *98 24% (Frank G) 159 15 24% Shattuck 4 Sep 24% 84% 25 May 130 63% 18 25 19% *125 49% >4 29 19% 130 33 % 35% Jan 52 y2 Dec xl9% No par 15% Jan 21% Aug 31 20'% 19 3% 5\ Co 138% Feb Dec 20 No par 21% Mar 20 107 1. 20 % preferred-No par 140% Mar 13 29 11% 20 *125 *62% 33 - 11% common 18 11% Dec 25% 40 14 Mar 30 15% < 11% 100 18 Jun 15% 25 11% ; Sep 23 15% 25% 100 14% Sep Jan 15% 123 : 214 50'% 1 27 1,100 11% 123 214 35 4 Mar 26 10,000 68% 215 49% Sinclair 37% Jan 26% 68% 215 34% 15 • 25% : 25% 25% Jan 8 53 67% 153,4 Oil Co 27 5 26% . 11% Skelly Jan 53 % Feb 67 25% 50% Mar 29 17% Feb 40 25% . 36% 42 y8 Apr 15% Jan 1 ■„ 218 50% 4 1 16 67 8,700 1.900 34 %' Saw 18 y8 Jun Oct 26% . .610 ' 50 Slmonds 14% Dec 30 32% Dec 31 22 *212 28% 13,200 *62% 1 30 47 37%' 22 67 1 - No par 6 35 % Jan 7 Va Feb 37% 22 , 15%.. 4 5 15 37% 22 11% 100 Gas & Co 12 47/8 Sep 14 2 "11% Jan 37% 21% 257/8 - '! No par _1 .Simmons 13 y2 Jan Jun 37% 21% 15c $4.50 preferred 8 6 121 37 ' 66% ; 674.900 971/2 5 Shamrock Oil Mar, 19 17 y8 Feb 32 92% 43 %' 97% Refrigerator Co 33% Apr 39 Feb 217/8 Mar 8 Ttf 91% -. Sharon Steel Corp 8 37% Mar 11 94 43% 92 8% 62% Apr Dec 43 % it 8% 24% Dec 13 ' 91. 8% 15 70 »/2 Feb ' 8% Apr 700 ' ■L 8% • 700 92% 23% 62 2,000 70% 15 91% 8% 40 15% 70% 15 24% (The) com St 15% 1,600 15% 43 43% iV 500 : 8% 70 > 23% 9 Va Jan 58% Mar * 105% 8% 15% 15% No par Co or Del Roebuck ' 42% ■ % *102 8% '70 *15 V 1 4 15 43Va 15 . l 8% Jan 38% Oct 21 15 8% 800 10,200 185 24% preferred fund Oil 15% *70 • 15 > 42% 21 20% *180 *102 >. 105 % .8% .15% 71 •% 8 11% Mar 25 42% Oct 15% ,70% *42. 2iy4 176 Servel Inc common-.: 29 37 105 % 8% 42% 20% 176 Setberling Rubber Co Dec 29 *102 9 42 y4, • Seeger 8 22 20% 176 - 3 51% Apr Dec 42% 20% 176 5 ion 10 Line RR Co sink Seaboard 69% Jan 26 8 - 2 6 23% Sep 1,200 . 13 4 14 3 Aug 5,600 . 9V4 Jan A 42 19 25% - 10 % Feb Jan 14 18% 25% 25% Mar 32% Jan 30% Sep 33% Oct 1,100 19 y. 25i% 4 43 y2 Mar 16 Dec 24'/. i87/a 25%, 105%. 66 1,500 4.700 19 - % "*• 12% 24% 24% ' 25% 24 42% Dec 35 24% 9% 12. 8,800 400 "Y 18% 12 8 80 34 24% 9% 3,300 ...... 25% Feb 217/a Jan 15 17% Jan 24% : 7% Jan 26 18 15 12% • 29% 125 Seagrave Corp Sears Sep 15 12% 25 preferred $5.75 6 32 13% Sep 12 '/2 • 11% No par Seaboard Finance Co 9 35% Sep 28% Sep 9% 9% ; No par conv. 3.35% 26% Mar 12 60 y4 Oct 27 Apr 9% 9% 910 1 *121 % preferred Seaboard Air 4 Aug 13 17 % Mar 24 25% 29% 800 - 5 .—1.40 preferred 3.65% 15 Jan 6 29 58% *24% 110 86% 101% 218 Co— Scranton Elec Co 19 Jan Oct Oct 81 24 12% Dec 57% 25 '/4 86% 101% . -100 Corp preferred 4.30% 2 9 Dec $4 2 42 26 7 Mar 20% Apr Arms $3.40 89 % Mar 23 107 102 45% July 31 15 58% t *211'/ ScovJH Mfg Co common 1 8 14 21% Sep 90 29% Mar 4 36% Sep 72 8 30 57% ' 25% 1 Bcofct Paper Co common 11 Jan % Jan 85% Feb 86% Feb 110 29% *24% 57 21% Diego Gas St Electric Co Sangamo Electric 87% Mar 23 25 17% Dec 99% Aug 24 14% Feb 102 10 5 4 12 19 San 8 4 Feb 25 Jun 26% Mar 11 y2 Jan 31% Jan 15% Jun 157/8 ADr 1 69% Jan 6 91 y2 Jan 105 29% •57.% 25% 29 37% Schenley Industries Inc Scherlng Corp i 9 102 25% ; 25% St Regis Paper Co common 1st pfd 4.40% series A 13 Mar 23 86 101% *46 10 preferred noncum Jan 17 98 5% 27 70% Dec 85% 101% 21% 100 14 15 >86 367/8 Preferred series A 5% 12 16 47% 93 Bt Louis Southwestern Ry Co-^-100 Nov Sep 47% -10 No par Power 96 Jan 51 91% Co common—No par 9 11 2,200 48 27,800 25 20% 42% 5,800 6% 39% 42 172 ^ 4 Mar , 67% , 3,700 12,200 5% i JO 12 99 8 66% > ■ 38% 42 ' 6% 66% 200 48% 6% 5% * *14% 47% 39y4 ... ' 8% 5 i. 20 Vb Jan 54 19 25 *102 ; 5% 12 % 41% 1 1,000 118 38% 24% 20% *116% 5% < 18% 172 4,700 29,700 *85 25 5 c. ' 39% 29% 24% ;-V 101% 101% . . 6% 66 y4 i . 3% 51 % 48 86 . 29 rights' 93 y2 Jan 15 86 101 % 20 eoinuiou • 100 12,000 31.800 38% ; 50 *46 11% i_. 23% Mar 25 Jan 68 . 5.% FRIDAY \ 48% 6% 6% ' 5% 39% 100 15 28 67 66% 5% 38% 10 Co 21,400 ,■ 10% 51 118 48 - 49% : . *ii6y4 118% 6% *9% preferred St L San F Ry 15 211 20 85% Jun 2 5 7 •3% *10% 51% *„116% 57 % Works Inc St Joseph Lead Co St Joseph Light & 27 Jan 15% Mar Sep Common 4% Apr. 14 27 y4 Jan 312 10% Dec 22 3% 10*B si v2 48% 15% Stores 2R ft Apr 9 29 3% 10^/8 51% .6% *69% Baleway 381/4 Jan 93 V4 Nov Dec 3% 10% 49% 1 15 40% Dec 18 12 16y2 Jun 29 3% 51 % 6% 66 ,*93 97 y4 48'/a Corp—_No par (Jacob) 23 30% Oct 117 : *10% • 117 (The)———No par Ruppert 81 *22 27". 50 GOOD • 26% 25% common 1,400 CLOSED 96% 26% 57 Typewriter Royal Ruberold Co 17% 26% f_20 preferred series A 4% 17% 96% 25 Axle St Co 9 32% Jan Jun St Ronson Art Metal 19 70% Apr Jan 13% Feb 55 lil St Rohm 17% 800 200 EXoriANGE 26% — common— STOCK '9 58% 16% .17 " - 19 8 9% Feb 17% Mar 23 50% Sep 30 11% Dec 15 15 26% *9% *57% 27 % 97% . 25% preferred Gas *25% 58'/2 97 % 1 4.50% preferred series A——-50 Robprtsliaw-Fulton Controls com__l 5 700 *57 V8 26% 1 _____ Inc conv 26% . 9%' -9%" 9% 26% 5 18% Jan 41 *93 *25 % 25% 57% 28% No par No par Corp Mills 5%% 400 5 27 100 Antelope Copper Mines 9 148 13% *4% 27%, Robbins 9 7 13% 5 26% 5 11 43'/« Dec 18% 27 Roan 21% Nov *18% 28% 8 149% Dec 23 24 Oil Company Mar 100 .600 . 26% Apr 12 13% 200 2.9 27% *93 —100 Rbeem Manufacturing Co Mar 38 34% 28% _1 50c Rltter 30 13% *4% 5 9%" 9% 16% serie^ 4.50% Preferred Richfield 20% Feb 18 13% . 25% 26% 9% ' 17 series Preferred 3.60% 14 27 *25% 10 14 4 18 38 *34 28% 1/100 . 16% Mar 22 6 *4% 57 % Common Apr 12 28% 18% 13% 3% 27 Jan *34 28% 4% 51% 30 Apr 34% 13% . 1035 58% Apr * 37'/a ' 34 y2 37% '34% 18 3% 12 17% Jan 37% 14,400 27% 11 11 24 27% 100 — 20 24 3 27% 27% ' 59 Inc Motors 10% Jan 44% Mar 10 32.500 27% 27 50c ——25 Jan 14% Mar 10 '1.8% *18 common— 7% Jan 3 9% 10 *28 10% 5 • 10% 34 % 51% 10 14 1,300 9% 28% 10 4 81 % Jan 25 9% Dec 18 27'A Mar 5 Apr 48% Mar Mar 16 25% Jan 5 11 21% Mar 18% Dec 29 Apr Jan 65 40 36 *57 V2 series 3%% 48% Jan 29% Mar 18 26% Dec 4 5 25 97% Jan - 25% Aug 14 7 35'A Jun 115 . 50 15 46 5 Jan Jan 5 Aug 10 107 _ 35% Feb 9% Mar 20 5 98% Dec 8 33% 35% *36% 38% *36% Republic Stedl Corp com No par 6% conv prior pfd series A—100 Revere Copper St Brass No par Rexall Drug Inc— —2.50 Reynolds Metals Co com No par Reynolds Spring Co 1 Reynolds (R J) Tob class B 10 18 47% Jan 4% May 18 32% 35% *33 5 Republic Aviation Corp Republic Pictures common $1 convertible preferred 11 3 52% Mar 17 33 % 35% *27% 4% Remington-Rand $4.50 preferred Mar 26 11% Jun 32% 35% 9% • ; 27 % 13% Conv pfd Apr 6 31% Mar 31 Shares 32% St Co— Reliance Mfg Co common 17% Mar 31 14 . 9% x27% div Reliable 59% Jan 20 ' 9% * No par —,— Apr. 16 • 50c Inc Bros (Robt) $1.25 the Week Friday Apr. 15 32% 35% prior preference 10 Stores Corp—„ No par Reeves 28 Mar 18 54% Apr Sales for Thursday 35% 33 35 5 Co.— Apr. 14 s Reis 25 Bit Roller Reed Mills—— PBICES Wednesday Apr. 13 32%« $2 10% Mar 10 15 SALE Tuesday Apr. II j - Rayonler Inc common 8 15 Apr Sep Mar Par 34% Mar 29 4 4 28 V 29 25 % Jan 31% Jan HIGH Monday EXCHANGE 1 preferred — —25 Raytheon Mfg Co 5 Reading Co common 50 4% ■ noncum 1st preferred 50 4% noncum 2nd preferred 50 5 35% Jan 34% Jan AND ' STOCK YORK NEW '•v..: Highest 15 14% Mar 18 14 *>»««»«<->«•« LOW STOCKS Ranee (er Previous 1 & Elecftrlc Co.No par 7% 91 91 91 91 14% 14% 14% 14% 14% 14% 14% 13 13% 13% 13% 13% 13% 13% 30 90% 210 14% i 4,900 13%7 4,400 Volume 179 Number 5317... Commercial and Financial Chronicle The (1739) NEW YORK STOCK RECORD Range for Previous Lowest 21 67 15 15 Sep Lowest 5 52% Jan 4 81% Jan 2 68 % Jan 78% Jan v 5 71% Jan 32% Jan 31 Sep 21 38% Jan 5 May 11 100% Jan 12 8% Dec 30 17 10% Dec 30 87 4 85% Apr 4 Jan 61% Apr 82% Apr 39 Oil of 14 Standard Oil of 15 Standard Oil of New 15 Apr Standard Oil of Ohio 102% Mar 11 6 13% Mar 26 9% Jan 11% Jan 4 14% Apr 2 42% Feb 5 46 Apr 2 17% May 25 11% Jan 5 12% Feb 18 10% Feb 4 Dec 21 36 % Feb 17 94% Jan 14 91'A Jan 7 38 24 3%% 25% Nov 23 36% Jan 2 24% Apr 8 38% Jan 22 30% Feb Bros 14 23% Feb 2 19% Feb 16 13% Jan 4 29 17% Feb 10% Sep 15 16% July 1 20% Dec 15 16% Mar 11 12 18% Nov 17% Jan 20 Dec 28% Jan Sterling Drug Inc 3%% 15 10 110 Stevens (J P) July 8 2 17% Apr 15 23 Jan 6 Dec 14 30% Jan 11 39% Apr 12 10% Mar 13 4 10 Feb 99 Feb 2 89 Feb 1 95 69 Jan 7 76% Mar 15 117 7 Jan 6 7 117% Feb 14 21% Mar 25f 16% Jan 4 19% Apr 30 24% Jan 24% Jan 11 10 113% Jan 26 23% Mar 26 16 21% Jan 8 15 24% Mar 12 22% Feb 7 ,66 Sep 73% Nov 17 May 12 13'A Sep 15 19 10% Jan 15 6% Nov 29 7 Jan 4 22 635 Jan 8 14% Jan 4 660 Dec 71% Jan 22% Jan 20 25 Jan 14 32 Nov 6 100 Jun 18 113 Nov 6 12% Jan 11 Sun 30% Jan 111% Jan 5 10% Mar 29 12 16% Apr 11 Feb 9 38% Apr 135 11 15 Apr 82% 83% 82% 83'% 37% 37% 85'% 19,300 10 37% 84% 38% 85% 38'% 65,700 38% 39 91 Feb Jan 5 8% Jan 2o 14 33 Sep 49% Sep 17 17% Nov 14% Jan 27 Jan 25 40% Jan 11 14 15% Jan 18 15 Feb 11 56 Apr 8 14 16% Aug 13 47% Mar 3. 24 1 39 5 5% Jan 5 Jan 4 106% Jan 11 11 119 Jan 2 ,78'A Dec 15 54% Apr 110% Jan 5% Oct 14 101 Oct 6 165 Jan 103 Sep 15 138 Mar 37% Jan 10 48% Dec 6% Dec 18 12% Mar 30 17% Jan 13 Dec 11% Aug 31 35% Nov 17 7% Dec 6% Dec 6 20 6% Feb 14 Feb 27 40 Sunshine Biscuits Inc 12.50 .10c 9% 25 679 % Sutherland 4.40% Paper Co $4 Taleult $1.25 Coal Land 4 42% Mar 31 Timken 13% Mar 25 12% Jan 5 13% Apr 2 29% Mar 19 25% Feb 2 15 25 13% Jan 12 29% Apr 16% Apr 3 17% Jan 11 Transue 4 19% Apr 114% Feb 15 Tri-Continental 24 18% Feb 19 30 15% Apr 13 19 47% Feb 25 43% Jan 7 45% Mar 15% Dec 30 24% Jan 30 16% Jan 1 19% Mar 30 49 25 69% Jan 30 49% Jan 8 15 600 *54% 543% 70% 800 15,600 18,600 14% 14% 68% 68% 69% 685% 70 693% 49% 49 49% 49% 50% 50% 50% 89% 90 % 89% 90 89 89% 90 913% 7% 41% .41% 7% 41 7% 8 7% 41% 8 41 1 123% ' 124 113% 114 49 49 8% 2 21% Dec preferred 13,800 413/, 13,300 2,500 123 8 124% 124 124'% "112 50 113% 113% 1133% 49% 8 8% 143/4 49% 50" 8% 6,100 8% + 1,200 50 8% 9,000 143% 14% 14% 300 14% 14% ' 15 *14% 15 143% 14% 1,900 423/4 42'% 143% 42'% 143% 42% *423% 42% 310 10 *9 10 *9 7% /„• 7% 40% •'.A 2% 2% *9 *9 10 7% 7% 73% 73y« 73% 73/8 4,100 *40% 40% *40% 40% 40% 40'% 1,020 *1% 2% *13% 2% 9 *83% 9% y 9 9% 1% 10 * 1% y 1% 8% 8% 500 200 61 60 61% 62% 4,700 99 98% 98% 210 1% 1% 20% *18% 1% 20% 20% 21% 22% 10 22% 22% 22% 223/4 225% 23 223% 23% .No par 41% 41% 41% 41% 403% 41 40'% 41 com.. .No par *19 .No par Oil—i 1% 1% 2 1% 6,000 , 900 stock 23,000 exchange 2,000 5 12% 13 12% 13 12% 13 12% 12% closed 28% 29 28% 28% 283% 29'% 29% 29% good 15% 16 15% 153/a friday 17 16% 155% 16% 153% *16% *15% 16% 400 183% 19 18% 19% 18,300 110% 110% 490 15% 16% 16 %' 17 common..—1 No par 18% 18% 183/4 110% 110% 110% 5 Inc Corp — Truax-Traer Coal Co 5,700 8 40 3% 42"% 15 5 125% 114%' 49% 8% 14% 14% No par 123 113% % Steel—No par Williams & 7% 413% 2 Transamerlca Corp Trans World Airlines 55% Mar 30 Sep *143% 54 100 Bearing Toledo Edison Co (The) 10 20% Jan 300 143% 54 No par Roller 14 29 15 143% 53% 1 preference—; 11% Jun Dec *14% 14% 53% *19 36% Jan 15 14% 14% *98% 42% Jun 2,400 14% 99 $6 5 14% 98% 46% Jan 7 300 5 54% 69% 98% 23% Sep 120 109 14% 2 Mar 19 88% 109 54 98 % 9 88 < 5% 100 preferred Tliompson-Starrett Co 29 112% Aug 5 35% 891% 109 48% 4% 35 24 5% 5 *88% 13 .Tide Water Associated 106% Jun 5% 35% *108 Apr 4 110 8,100 34% 89% 108% 14% - 15 Mar 35% common Co % Feb 16 4,400 tThird 23% Mar 16 15% Jan 600 44% *9% 22% Apr 2 16% 44% .No par 1 18 27 16% 443% *42% 11 Feb 16% 44% 35 No par Jan 17% Jan *163% 44% 343/4 preference 17% Jan 25 16% 44% 5 10 preferred. conv conv 20 20 % Feb 500 16% 50c 29 % Mar 27 10 135 16% 35% 1U common 27% Mar 25 14 1,200 6,100 Trust— 27 15 16% 383% *14% certificates 14 Dec 100 16% 131 No par Oil Nov 12% Sep 3,100 5 Fair $3.50 1,600 9% 695 44% 99 1 20 37% 37% 130 60 28 3,900 8 19% Oct 13% Sep 36% 59% 3% Jan 3,700 78% 9% *671 16% *127% 59% 7 17 36% 129 59% 92% Jan 5 X163/8 com. —5 2 Dec 16% 78% ♦ 93/4 690 Thompson Products Inc 97% Jan 1% Feb 95% 15 4 78 : 77% *672 62% Apr 49% Jan 1% NOV 30 * 9% 15 61% Mar 26 16 78% 40 f41%Sep 15 f. *22 1 50 $2.50 convertible preferred Avenue Transit Corp. .No par 15 Thompson (J R) 10% Jan 600 9% 94 44 *88% Thatcher Glass Mfg Co common $2.40 36% *126% 1073/4 Producing Co Sulphur Inc Thermoid 7 *91 9 Pacific Ry Co Utilities Co Textron 37 130 89% (James) share Texas 16% 108% Texas & 12 2% Mar 22 38 9% v- 25 7% Apr 15 1 Sub 22% 690 *88% Co The 9 38 9 %94 34% 1 Telautograph Corp Corp 12 8% Apr 88% Jan 38% 9% *91 25 93/4 *107% Corp Tennessee Texas *77% *672 No par Gould inc 22% No par (conv) J pfd cum *24% i6%; *16% 25 7.50 com • 78% *127 (The)— 4.16% preferred $4.40 2 15 9% Oct 38 9% 94 *74 10 36% 100 Co 12 3 14% Mar 12 < 9% *91 679% 16% 5 common Sweets Co of America Symington 77% .50 preferred 18 Jan 94 Sunshine Mining Co__ Superior Oil of California Superior Steel Corp Feb 44 9% *91 100 9% Feb Mar 18 1% Mar 3 % Aug 9% , 500 6,600 36,700 22% 15% Feb 23 9% Jan 44 4 1% Jan 15 , friday ■ *22% 42% Apr 22 good 18% : 19% 39 22 % Pacific 8% Jan 22% 17% 1 Inc 8 22% 19 18% 39 . 400 & 15 23 18% 19% 39% 243% Instruments < 22% 19 39% 300 1,300 24% Pacific 7 12% Jan l No par ser Texas 5 23 18% 22% pfd Texas 4 22% *18% *21% 2nd conv 9 13% Jan 23 1950—20 5%% 13 13% Jan 22% 3,200 72,300 8 Apr 42% Apr 38%, Jan 18% 19% Gulf 15 closed 18% 245% Gulf 9% Feb 12% 183/a 7.245/8 Texas 4 exchange 12% 18% 25 Texas 6% Jan 15% 18 *24% 5 , stock 15% 12% - 25 15 51% Mar 30 20% 15% 12% 18 20 preferred series A___: 14 9 20% 15% 12% "75 70% Apr 46% Mar 203% 153/8 117 50% Apr 93% Feb Mar 26 31 Jun 16 20% 12% 19% 4 Mar 11 20% *15% 12% 74% 11 Jan 20% 15% 12% *15 1 *116% Jan 14% Mar 10 42 31 40 9 20% 90 11,400 193% 80% Jan 23 25'% 75 4 35 24% 400 117 57% Jan 5% Oct 15 42% Feb 24 6 30% Sep 253% <25% 96% 19% Texas 34 25% 96% 5,600 74% 128% Mar 15 107 18 58% Dec X25% 300 11% 38 *116% 3 5 26% 11% 37% 19% 19 Mar 25% 11% 37% 98 74% ' 5% Feb *96 3% 5 Sylvania Elec Prod Inc 112 37 5% 97 116% Swift & 13 38 18% 36% Mar 14 37% 97 116% 45% Jan 28 24 37% 97% 19 4 4% Feb 45% 74 4 81% Jan 105% Jan 5,300 45 117 26 23 45% *11% 18% Feb 7 % Feb 1,400 14% *443% 11% 73% 41% Feb 86 May 22 111% Jan 5 9% 45% 14% *116% 4 'A % '31% Jan 15 ,9% 97% 20% 101% 9% 14% 37% _15 13,300 93% , 5 ; *101 • Class A 4%% preferred—....100 Sunray Oil Corp common 1 5 4% Sep *11% preferred—lNo par 11 Sep 30 97% Jun 16 *44% 11% 101% 21,000 14'% * . A 14 3 45% 38% *101 9% 14% 11% Corp common series 18% Dec 5 9% 14% :< No par 15 18% Jan 9% 14% 100 : 44% Dec 16 101% 9% 14% 45% .... 2 Jan *101 1 No par ... 101 % 5 common Corp Chemical $4.50 *101 No par 1 — 13 40 100 Co 21 78 '* 61% 82% .■..; 29% Sep , 61% 827% Inc 35% Jan * 613% 82 Sun Oil Co common.. 1 80% Feb 700 60% 82 % ; t 520 61 81% Stone & Webster Feb V 8 5 60% 81% 82% prior preference Sunbeam Shares 60% 81% Stokely-Van Camp Inc 5% the Week Apr. 16 81% common— Fuller & Friday Apr. 15 common _ Studebaker Corp 4 Baer Sales for Thursday Apr. 14 15 Corp—_8 Stix 21% Jan 8% Jan r. Stewart-Warner HIGH SALE PRICES Wednesday 25 Inc Co & 60% Tuesday .Apr. 13 Jersey preferred 15% Apr * 2 13% Feb 5 18% Apr 13 24% Feb 5 Mar 25 82% Jan 18 15 Sep 23% Sep 19% Sep 20 9 -38 8% Sep 29 v92 Oct 20 68% Nov Tan 43% Feb 23 26% Jun 2 9 22 No par Indiana Stores V 16% Sep 12% Dec California preferred series A Sterchi Monday Apr. 13 Par - Stand Ry Equip Mfg Co Stanley Warner Corp Starrett Co (The) L S 97% Mar 31 15 LOW AND STOCK Standard 15 12% May 11 7 4 Jun 4 YORK EXCHANGE 47% Dec 5 32% Jan 99 NEW Highest 59% Jan 94 8% Sep 40% Feb Since Jan. 1 Range Highest 49% Sep 65% Sep Continued—Page 11 STOCKS Year 1953 16 18% 1103/4 110% 1105% 4,500 29,200 3,000 1 15% 15% 15% 153% 15% 15% *43% 43% *43% 433/4 *43 % 433% *43% 15% 43% 2,700 50 Tung-Sol Electric Co common—.1.1 18% 18% 18% 19% 19% 193% 19% 19% 5,500 54 54 54% 55 55 1 Preferred series Conv 5% A common (conv) series of 1952 *53 50 I *54 55 120 28 19% Jan 29 22% Mar 1 20th Century Fox Film new 1 20% 20% 20% 20% 205% 21% 20% 203% 16,300 15 15 Jun 8 13% Jan 18 16% Mar 9 Twin City Rap Transit com—No par 15% 15% 153/a 15% 15% 15% 153/s 153/a 1,200 35% Sep 25 5% Dec 18 45 Jun 8 41% Jan 5 47 Mar 15 5% *45% 46% 45% 45% *45% 45% 30 9% Mar 20 6% Jan 4 9 Mar 31 Twin 8% 8% 83% 8% 8% 8% 1,100 13% Jan :n% Jan conv 50 Co *45% 1 prior preferred Coach 8% 47 8% u r 10% Sep 14% Feb 29 55 % Jan 15 Dec 23 13 % Jan 8 38% Sep 61% Jun 15 49% Mar 20 16 75 % Dec 16 24% Mar 98 4 13% Mar 11 Feb 24 32% Mar 30 7% Jan 2 Dec 7 19% Jun ' 14 26 f 4 9% Mar 11 Union 8 50% Apr 15 78% Apr 12 24 Mar 11 Union 12% Jan 27 : 43% Jan • 70% Feb 16 9 21% Jan 25 2 104'% Jan 15 7 18 Jun 4 110 Jan 82% Jun 15 97 Jan 3 87% Jan 8 85 Jan 100% Nov 6 99 Feb <fe 15 Jun 18 10 100 Sep 15 44% Jun 17 60 39 Sep 23 31% Apr 24 102% Jun 3 21% Dec 31 87 Dec 17 33% Sep 21 100 July 21 44% Aug 13 115% Jan 5 50% Jan 6 26 46% Mar 50% Dec 21 106% Jan 105% Jan 11 120% Feb 1 Union Pacific RR Co commoni—--60 Jan 4 noncumulallve preferred--50 48 43% Mar 17 45% Jan 11 87% Jan 11 106% Feb 25 Apr 9 96% Feb 18 Jan 27 Apr 7 1 15% Apr 1 4 66 8 14% Feb 57% Jan 4% 16% Mar 20 61% Jan 5 23 31% Feb 11 Jan 12 3% Apr 23 4% Feb 24 3% Feb 25 4% Jan 6 Feb 18 71% Apr 15 80% Jan 5% Jan 29 47/a Jan 4 4% Jun 23 5% Feb 24 49 10 Sep 30 8% Mar 31 323/4 Mar 30 5% Apr 6 10 Jan 70 Mar 11 19 Jan 2 10% Sep 15 17% Jan 8 12% Mar 31 14% Jan 22 11% Dec 28 16% Feb 2 11% Jan 13% Feb 5 44 Sep 28 23% July 22 30% Jun 17 58% Jan 14 45% Jan 4 Mar 27 27% Jan 13 11% Dec 13% Mar 29 1 Dec Sep 14 95 % Sep 15 Sep 14 30 37% Feb 22 103% Oct 159 Jun 33% Mar 11% Jan 4 4 1 % Jan 65 12 15 15 114% Jan 136 % Apr 9 175 Mar 16 15% Nov 27 35% Jan 68 footnotes see 25 179 % Apr 23 14% Mar 17 18% Jan 9 54% Mar 11 Feb p^ge 24. 175 Jan -60 Apr 93 *88% 93% *02 5,200 250 95 *100% 1013% *1003% 93% 101 % 45% 46% 45'% 46'% 453% 46% 8,800 114% 115% 114% 115'% 115% 115% 2,500 102 46% 115 103 20 60 50'A 49% 50 495% 493% 49% 493% 46% 47 47% 47% 47% 47% 700 55% 56% 56 563% 56 5fc3% 18,800 .100 *105 1053% 105 10 24% Preferred 4%% series of 1952.100 United Biscuit of America No par *94% 5% convertible United Air Lines preferred— Inc common $4.50 preferred No par United Board & Carton Corp 10 United Carbon Co No par Unlted-Carr Fastener No pat United Cig-Whelan Stores corn—30c $3.50 convertible preferred 100 United Corp (Del) 1 United Dye & Chemical Corp com.l 7% preferred .100 United Electric Coal Cos 5 United Engineering & Foundry 15 25% Feb *99 56'% 123/8 Feb 633/4 Apr 114% *88 93% 93% 94 102 % 95 • 46% United Fruit 1% Mar 29 *89 95 23,600 24 109% 49% United Gas Corp United Gas Improvement Co United Merc j & Mfrs Inc 104% Apr 20 109'% 503% 78% 55'/2 105% 11 22% Jan Jan 1093% 2,700 12,300 46% 10 49% Jan 120 Xl09% 8,000 —3 Feb 100% Jan 5 109% 493% <78 78% 900 * No par 50% Mar 15 5 Jan 31 % Jan ... 29 3/8 Feb 36 101% Dec 23 13 Mar 31 3 56% Nov 30 For 10 66 2% May 12 10 40 72% Nov 13 series California Union Tank Car Co— 6 27 Mar 17 $4 of United Aircraft Corp common1 3 40 Jan Preferred 1 9 59% Mar 31 107 36% Mar 26 105 51% Mar 47% Apr 16 86 108% 45 Oil 15 2 108% 102 Union 13% Jun Jan 23% 25 5 48% Sep 25% Sep 67 23% No par 24 46% Apr 4 30. 235% *92% 103% Feb 21% Jan 21 y. 49'% 77% 493% 78 *89 5 85/a 23% No par No par series 283/a 8% 77% series $3.50 12% 27% 8%, 23% $3.70 4 32% Mar 25 Jan 7 49 12% 29% 8'% 78% 108% J an 11 39% Dec 23 Apr 4&.% 13 283% 23% series- No par Preferred 48% 12% ; 78% $4.50 38% Jan 103% Jan 107 94 8% 23% 48% - Preferred 29 104% Jan 8 Preferred 1 ;37% Jun No par ..10 13 29% 8 'A 13 30 ...5 -20 Elec Co of Mo common 1 13 29% 8% 13 29% —1 No par Rubber Co 1 Union Bag & Puper Corp Union Carbide & Carbon 6 78% Jun 112 Odylite Corp (The) Underwood Corp Asbestos United Co 5 No par Park City Mines Co 36% *106,% 106 106 105% 24% 94 J/8 23% 24% 95% 93% 363/4 36% 36% *107 108 108 - 23% 94% 36% *107 24% 94% 23% 93% 36% 36% 108 107 105 23% 1,900 600 14,300 93% 500 36% 3,000 107 20 15 15% 15% 15 J/8 15'% 15% 15% 15% 700 61% 62% 613/4 62 J/4 62'% 64% 643% 4,100 *31% 32% *313/4 32% 31% 633% 31% 33/4 33/4 3% ♦71% 72% *71% 5% 9% *67% 5% 5% 9 9% 67% 69 3% 72 , 5 J/2 93/8 67 J/8 32% 100 3% 3% 33% 1,000 71% 71% 71'% 30 53% 9'% 5% 9% 53% 9% 5% 9% 26,000 4,400 66'% 66% 12% 13% 13 13% 13 13% 13% 13% 13 J/4 ,13 13% 49 493/e 49 49% *32 35% 71% 13% 49 493% *653% 67 40 •' 113 13% 49% 13 1,600 13% 2,200 49% 18,800 —10 28% 29 28% 29 28% 29' 28% 29 13% 00% 353% 353/a 35'% 353% 353% 35 353% 2,900 1 11% 115/a 11% 113/4 115% 113% 11% 113% 11,600 (The)-*. 1% 1% 1% 13/4 *15% 13% lS/8 13% 4,600 7,100 U S & Foreign fecurltles $4.50 1st preferred No par U No par 20 132% 100 *179% 5 100 15% 16% 59 3'4 60 S Freight Co U 8 Gypsum Co 7% preferred 23 common U S Hoffman Machinery com 4%% preferred No par 60% ♦104 *24% 61 61% *104% 105% 24% 24%, 134% 182 « 133 *179% 15% *583/4 61'% 105'% 25 16,600 61% 61% 633% *104'% 105% 104% 104% 25'% 25% 253/s 253% 1,000 136% 135% 142% 3,000 61 133'% 133 181'% *180 182 *180 15 5% 15 5% 16% *153% 60 59% 59% 583% 10 182% 16 58 3% 2,165 270 1 4 24 The Commercial (1740) MftMM M NEW YORK STOCK RECORD STOCKS Bange for Preview Kange Sine* Jan. 1 Year 1953 13'/. Nov 23 7% Oct 22 16% Feb 16 7% Feb 20 Jan 8 24 8% Feb 5 15 Sep 14 40% Mar 17 36% Jan 4 46% Apr 57VzDec 11 64 6 59% Feb 3 64 34 Mar - MarlO 22 Oct 23 32% Feb 2 Jan 11 28% Feb 70 Oct 26 85% Jan 8 70% Jan 74% Nov 9 97% Apr 6 79% Jan 7 13 89% Apr 12 2 29% Jan 11 34% Apr 8 144% Mar 11 134 % Jan 6 148% Mar 50% Apr 18 80 9 Mar 12 9 37 Oct 6 67% Jan 2 37% Jan 4 54 Dec 31 66% Feb 2 54% Jan 13 60 Feb 10 15 5 39 Jan 11 45 Apr 14 U 8% U 33% Sep 135 17 Vb Dec 4 6% Jan 2 6% Dec 22 72 % Dec 3o 0 35 8% May 25 9% Mar 19 7 39% Nov 31 Jan 4 8% Mar 31 4 7% Jan 5 87% Mar 31 1% Jan 7 17% Jan 7 4 2% Feb 3 Feb 24 29 9 22% Jan 12 15 27 155 Sep 3 167 Feb 17 Jan 18 14 Feb 2 19% Dec 30 18% Jan 11 61 Jan 7 63% Jan 5 28 % Jun 10 68% May 20 35% Deo 18 30% Sep 15 45% Mar 25 36% Jan 23% Dec 18 4 1% Jan 3% May 13 32 % Dec 11 15% Mar 22 29% Mar 12 17 14 18% Feb 38% Mar 16 1% Jan 31 Dec 22% Jan 26 73% Jan Mar 19 4 1% Dec 1% Nov 15 Jan 14 6% Jan Mar 18 90 4 17% Mar 17 21% Feb 26 10 35% Dec Jan 143 144% Jan 28 Aug 31 153% Apr Sep 29 154 Co 7% Corp preferred 92 Mar 20 88 93% Mar 26 Jan 4 20 Jan 4 27% Apr 9 8 123 Jan 4 137% Apr 9 27% Nov Sep 15 22% Jun 23 Jun 15 8 17 27 Jan 11 113% Jan 5 115 25% Jan 28 112 106 11 130% Jan July 17 16 Va Oct Mar 26 Feb 89 30% Mar 22 Feb 18 5 114% Nov 12 92 July 20 100% Dec 24 100 Jan 5 102% Apr 8 92 Jun 100% Oct 30 101% Jan 19 105% Apr 5 3 25% Dec 31 25% Dec 28 5 14% Dec 7 118 Jun 22 20 36 % Mar 27 35% Feb Feb 19 Dec 25% Jan 25% Jan 2 30 64 7 30% Feb 11 28 Feb 9 68 Apr 15 13% Mar 15 1 16 Feb 1 26 % Apr 4 Mar Jan 4 4 Mar 25 57 6 29 Jan 4 49 49% 152 % 153 *58% 59% 44% 44% 152% > 153 153 22,600 145% 48 153% 5,900 59 Va 44% ' 790 49% 58% 45 190 34 145 49 % 59% 43% 59 44% 48% *58% 59 43% 33'A 145% 45 153'A 500 136,900 154% 2,900 7% 7% 7 Vs 7% 85% 85% 85% 85% 85% 85% ♦84% 85% 1% 1 % 1% 1% *1% 1% 1% 1% *15% 16% *15% 16% *15% 16'A 15% 15% *1% 1% *1% 1% 1% 1% ♦1% 29% 29% 29% *24% 24% *24% convertible preferred—No par United Wall Paper Inc common—2 4% convertible preferred _50 Universal American Corp 1 $6 8% Leaf Tobacco 30 24% 100 Vanadium Corp of 159 1 Co Inc oom Pictures 20 20% 68% 68% 37 % 37% —100 No par 4%% 52 Amerlca_No par ; 2.5o Chemical 160 $4.20 dividend 55% preferred Corp (The) Vulcan Detlnnlng Co common 12 12 12 28% 28% 28% 400 6% 6% 6% 6% 6% 6% 6% 2,500 33% 33% 33'A 33'A 33% 34 Va 34% 2,600 *93% 26% *135 ♦126 129 ' 30% 95 *93 Ve * 26% 137 126 32% 93 Va 129 32% 95 26% 26 136 Va 2.9% 29% 29% 29% 29'A 113% 113% 114% *113% 29% Va 26% 10,100 137 600 30 6,200 114 100 29% 114 5,165 95% 137 113% 20 32% *94 25% 136 Va 137 1,800 126 *126 129 30% 95 26 «/8 27 137 % *126 30% '/a ' *126 129 *126 31% 114 *101 102% *101 102% *101 102'/a *101 102% *103% 105% *104 105 *104 105 ♦104 105 x25% 28% 66% *28% 29 Va 28% 28% 29 28% 28% 700 26 26 26% *26% 26% 26% 26% 2,100 66% 66% 67 *66 67 67 68 1,609 1,900 10 13% 13% 13% 20 — 37,200 12 25 6 8% Vtsking preferred 53% 2,400 28% 100 25 preferred Virginia Ry Co common 7% 37%' 12 30% 100 100 Virginia Elec A Power Co «om_10 $5 preferred 100 $4.04 dividend preferred 10o 54% 100 33% Va-Carolina Chemical com—No par partlc preferred 37% 69 29 Va 12 *126 preferred 37'A 60 2,500 *28% *126 div 37 53% 500 19% 11% noncumulatlve preferred—100 Works common—5 6% *67% 55'A 100 6 % • Victor Chemical 3%% 69'A 37 53% 68'/a 19% 1,000 600 161 20 700 470 200 25 161 19% 69% 37 FRIDAY 29% 24% 161 20 Vh *68% 54% *160 GOOD 29 % Vlcks Shreve A Pacific By com—100 5% 160 20 210 10,900 2 29% 24% 4,000 11% 2.50 Co 159 30 CLOSED 29% 10 Vertientes-Camaguey Sugar CO—6% Vick 30 24% 1 com_No par preferred 4 32% Apr 48% 48% 145 7% preferred Utah Power A Light Co 126 146 7% noncu 3 126 145% 7% 5% Jan 4 14<J 7% United Stores $4.20 70% Mar Mar 26 144% STOCK 29 26% Jan 34'% EXCHANGE Universal 124% Mar 26 33% 8% 5% Dec 126 34% 17% Norman Co 13 33% —1 2d pfd-5 Raalte Co Inc 30 34 37'A Van Mar 19 33% 8% Van Apr 91'/2 17% Corp 8 Nov *88 % ♦36% Stockyards 10 29 81 89% 8'A United 29 128 *79% 89 17% 30% Feb 127 81 89% 37'A 13 % Jan 3 82 *88% 8% 56% Apr 28 *79% 89% 17% 4 May 29 5,900 82 89% *36 Va 7 24% Apr 27'A 26% 79% 8'/a 13 125% Jun 27 26% 200 17% 11% Jan 125 26% *79% 26% 26% 100 10,400 63% *63 37 5 15 63 8% 7 34% Feb 63 17% 28 % Jan 8 63% Shures 11.400 36% 17% Mar 23 30 % Jan *63 the Week 46% 8% 32% Mar 25 31 % Dec 29 62% 44'A 17% 8 6 44% 37% 22 23% Apr 44% 8% Jan 7 % Mar 22 44% 8 17% 11% Dec 6 44 15% *7% -37% 27% Dec 107/8 Jan 14% v 8 noncumulatlve preferred—25 7% 25% Mar 15 15% Apr. 16 Tobacco Co common—No par U S 21% Apr 37% Apr •7% 15 44 Ye 26% 4 No par 100 common Universal 34% Jan 21 7% 62% So preferred Steel S 15% 7% 8 Friday Apr. 15 100 50 A Min com Smelting Ref S 14% 14% Baiee far Thursday 0 Universal-Cyclops Steel Corp 9 ? 44 10 1 100 100 common 30% Mar 11 165 ; Apr. 14 •7% 20 1st preferred noncum 7% D Monday, April 19, 1954 SALE rBICES Wednesday Apr. 13 14% Rubber S HIGH Tuesday Apr. 12 Co Lines S AND Monday preferred O S Pipe & Foundry C»U 8 Playing Card Co U S Plywood Corp common 3%% preferred series A 3%% preferred series B 1 44% Jan STOCK EXCHANGE * 4% % 5 31% Jan 23Ms Aug 31 127% Sep 24 YORK Ptr U Financial Chronicle... CfithiMtf—Pap 12 LOW I ,/,> 13% Mar-47 22% Jan 2a NEW « Highest Lowest Highest Lewest and T-rr *27% 28% *27% 28% *63 64 *63 13% 13% 13% 13% *27 Va 28'A *27 % 28% 64 63 ♦62'A 64 14 w 59 Sep 14 70% Mar 11% Dec 22 21% Nov 24 43% Jun 52 Dec 22 9 Feb 27 5 98 16 Dec 29 2 25 Sep 15 105 18"% Jan 6% Sep 11 Vb Sep 15 15 14% Apr 24 23% Sep 28% Sep 21 14 29 Jun 9 24 Sep 14 13 Sep 14 18% Dec 28 a 12% Jan Feb 68% Mar 18 13 5 26% Mar Jan 5 58% Jan 5% Jan 4 21% Jan 12 100% Jan 4 3 Mar 51 4 4 26 8% Mar 30 27 24% Jan 104 Feb . Wabash RR 4%% G A W Ward 3 5% % 15 b Wardell 15% Mar 19 Warner 4 20% Apr 15 31% Feb 15 34% Apr 14 Feb 18 4 30% Jan 12 34 25% Jan 14 102'/a x32% 33 Water 14% 14% 14% 14% 14% 20% *20'A 20% *20% 20% STOCK 200 1 *10% 11 10% 10% 10% 10% 10% 10% EXCHANGE 300 ..8 *11% 12 *11% 12 11% 12 CLOSED 300 Snowdrift com—2.50 27% 27% 27% 27% 27V« 27% 27% 82% 82'A 82% 82'A 82 82 82 'A 1 19 19% 19 Va 19 Va 19% 19% 19 4 15% 15% 16 16 15% 16 16 15 12% Mar 27 10% Jan 4 12% Jan 25 Webster Investment Co 21% Sep 73% Oct 28% Feb 24% Jan 3 28 Feb 25 Wesson 1 77% Jan 3 83% Mar 16 17% Nov 4 29% Jan 17% Feb IS 20% Mar 18 West 30 28% Jan 15% Apr I 17% Jan 25 West Kentucky Coal Co. II 8 West Penn 5 104% Mar 31 West Penn 36% Jan 104% Jan 99 Jan 4 7 89% Jun 9 99% Jan 96 Jan 7 12% Nov 5 16% Jan 12% Feb 26 21% Nov 5 104 25% Dec 21 Sep 29 109 23 % Jan 106% Apr i 8% Jan 4 Jan 5 8% Sep 15 12% Jan 8 43% Sep 15 57% Mar 11 20 Sep 14 32% Mar 25 45 Jan 2 63% Mar 25 46% Sep 14 67% Mar 16 52 May 14 99% Sep 2 48% Aug 13 29 % May 18 96% Jan 90 37% Feb 18 22% Dec 30 39% Sep 91% Jun 15 16% Jun 10 126 1 52 % Dec Mar Oct 14 86 14 30 23 Sep 15 110 Mar 29 4 17 104 Mar 11 43% Feb 26 4 4 Apr 15 8 4 65 Apr 102'A Feb 15 22% Jan 7 127% Feb 25 Jan 127% Feb 30% Jan 82% Jan 25 11 4 8 5 Jan 4 35 89 Apr 14 Feb 26 27% Feb 30 Apr 88'A Mar 7 15 8 14. 3 Mar 19 21% Mar 8 26% Mar 19 21% Jan 4 24% Mar 5 16% Jan 4 13% Mar U series Preferred A Western Union Telegraph Westinghouse Air Brake Westinghouse Electric com 3.80% preferred Weston Elec series Inst Co Prior 15 9 % Apr 7 12% Feb 19 Wilson-Jones 24% Jan 6 35% Dec 16 31% Jan 7 14 Winn 24% Jun 36% Apr 17 29% Oct 5 28% Jan 6 32 Feb 10 21 142 Apr 24 10 19% Dec 22 18% Jan 8 20'A Mar 22 Wisconsin 21 53 Jan 2 39% Jan 14 19 Woodward 42% Dec 45 >A Feb 22 48 Jan 30 14 45% Jan 21 Woohvorth 26 40 % Apr 15 35% Mar 17 30'A Jan 4 2 137 Mar 19 Jan 77% Jan 130% Mar 16 4 39% Mar 11 87% Mar 30 116 39% Apr 23% Apr 53% Mar 7 Jan 12 6% Jan 11% Mar 17 Jan 77 10 22 7% Feb 37 1 145 Mar 10 86% Mar 31 12 Jan 4 42% Apr 9 21% Jan 4 52% Feb 2 27'A Apr 60% Apr 13 13 20% Dec 31 34% Jan 34 20% Feb 17 24 Va Jan 21 Sep 14 47% Jan 38 Jan 4 Deo 42Vi Jan 29 31 16% Jan 11% Jan 4 13 Feb 4 53% Jan 4 73% Apr 14 4% Feb 26 5% Apr 15 Jan 6 5% Apr 13 prices; sales, no wd When sale 6% 600 3n% 40% 26.500 25% 26 10,000 65 39.600 100 1,100 64% 62% 63% 62% 63% *101'A 102'A 100% 101 »/4 100'A 100'A 100 *20'A 20% 20% 20% 20'A 20% 20 par V. . *126'A 34'A • „ ' 34% *127 34 Va , 63 64'/a *127 34'A 20% 1,600 34% 34% 5,700 87 *127 35 34% ' 86 86 86% 87 87 86 27 27 27 27 27 *27 29% 29% 29% 29% 29% 30 29% 30 87% 88 87% 87'A 87% 87% 87'A 87% 260 5% 5% 1,400 par 20 1 6 86 *26% 6 6 6 24'A 24'A *23% 24% 23 23 23% 23% 14 14 14 14 t 6 6 Service 24% 24'A 24 % 200 24 Va 24% 5.200 14 Va 13% 8V4 8% 72% 72% 8% 8'A 8% 73% 72% 72% 10% *10% 11 *10% 11 36 36'A 35 % 36 x36 36% 30l/a 30% 30 Va 30 Vs 30 Va 100 Corp—10 >140 141 Va 141 29% *140 142 14 8% 8% 2.100 4,900 73 ♦72% 10% 300 10% 500 *36 36% 1,200 30 30% 2,100 *140 142 20 20 20 V» 19% 20 19% 20 44 % 44 % 44 "A 44% 44 V. 44'A 44'A 44% 600 10 Co 20 Va 10 Co (FW) *139 200 3,900 24% 8'A 10 240 27'A 23% *14 10'A 1 'A *23% 73'A Worthington Corp common—No Prior preferred 4%% series Prior pfd 4%% conv series Wrigley (Wm) Jr (Del) No Wyandotte Worsted Co 41% 42% 41% 41% 40% 41% 40% 40% ,35,900 par 38% 38% 38'A 39'A 38 % 39 38% 39 100 *85 86 100 *141 143 141% par 86 86 85% 7 7 $ 86 7 86 *140 86% *86 143 85% 7 145 x85 % 7 85% 7 86% *140 3.900 5.400 86% 110 145 34 7 ♦0 84% 900 7 1,200 41 41% 41 41% 41 Va 41% 41% 42 1 26% 26 % 26% 27 V* 26% 27'A 26% 27 Va preferred 5q Young (L A) Spring A WlroJfo par Youngstown Sheet A Tube. No par Youngstown Steel Door No par 59% 59% 59% 60% 59% 60 Va 59% 59% *21% 2 2'A *21% 22 21% 21% 22 22 41% 42% 41% 42% 41% 42 41% 42% 19,900 12'A 12 % 12 Va 12% 12% 12% 12'A 12% 1,700 71 Va 71 % 71% 72% 72 73% 71% 72% 5,500 5'/a 4% 5 Va 5 5'/a 5% 29,800 Yale & Towne Mfg Co. York Corp 4%% common 29 convertible Zenith Radio Corp Zonite Products Corp this day. tin receivership, or distributed, x Ex-divldend. y Ex-rights. on 300 5,900 100% 25% Grocery Co preferred Iron 100 No par lo Co Public 100 % 41 Va Wisconsin Elec Power Co com Sep 100'A No par common preferred Apr 16% Jun 55 % 25% 1 12 36 44'A 54 40'A Willys-Overland Motors Inc_ 29 Lovett 1.500 44 % 54 % 40% 20 V4 Jan & 23% 23% 45% 54'A 25% fl Inc 1,300 1,800 *44'A 100 10 9% 47 39% Co Co 24 108 ; 100 73 'A- Apr & 23% 9% 47 1 25 $4.25 ♦106'A 9% 47 11,900 25% common 22 Wilson 108 9% 47 100 Feb r Cash 10% 47 IJ.50 100 Jan oorP- *106% 107 10 29 3,900 40 B Corp 8 9 28% 20 12% 25% preference Oil 12% 39% White Sewing Machine common Wilcox 100 13 28% 300 25% preferred 5 'A % 100'A 47 12% 6,600 ' 10 12% Wheeling Steel Corp com No $5 conv prior preference_.No White Dental Mfg (The 8 8) Motor 100'A 47% 39% lo . _ Wheeling A Lake Erie Ry White 53 100 70 84 9% 54% 11% Mar 26 3% Oct 28 10 Va 24 74% Mar lo 62% Dec 29 107 108 45'A V 100 No par com 13% Jan 11 28% 39 28 Va , 53% preferred RR 5 9 12% 28% 23% Pacific 5 15 *10 12% 28% 45 2nd noncum 21 14 *107 12% 53% 4% 8% Nov Jun 12% 28% 1 7% Sep Sep 102 .lOO Supply Co 63% Oct 16% Sep 102 23% 18'A Mar 17 32% Apr 13 30 % May 27 16% Oct 15 47 102% 45 5 15 31 *102 *44% 11 Dec 102 % *23% Jnij 86 >102 Western Maryland Ry1 common—100 Jan 82 102 % 6 27 11 10 *102 19 26 11% Feb Sep 14 71% May 12 6% Dec 31 103'/a 19 8 18% Sep 101 103 V* 58% Jan 21 21% Dec 75 109% 105 39 53'A Jan Jan 12% Jan Sep Sep 109% *103% 26% Jan 50 Vb Jan Vb Mar 24 Jan 109% 105 7 11 30% Dec 135 39 Va 109% 26 99 40% Mar 17 20 126 39% 109% 47 'A Western 2,200 >103'/a 109% 200 2,600 110 39% 2,700 16% 105 39% lo Apr GOOD FRIDAY 19% 110 Western Air Lines Inc Auto 1,700 83 ♦104 3 preferred 9,500 28 ... 100 3 preferred serlee O West Virginia Coal A Coke West Va Pulp & Paper com 4%% 39% 29% 100 4.10% Western 29% 100 No par Co Power 4%% pfd preferred series B 4.20% . 10% Apr 5 49% J*» 26 85% Mar 15 4% Dec 29% Jan 38% Mar 25 4 24% Dec 13% Mar 18 22% Jan 4 80 1 Electric No par *11% 12 22% Mar 23 12 May 15 Mar convertible preferred Indlea Sugar Corp , 43% Feb 3 99% Jan 127 Jan 14 102 A — 46% Mar 16 22 30% Sep 4 40% Msr 111% Apr 29% 14% Sep Jan 29% 500 *20% 10 37% Feb 29% 29% 100 33% *33% 10,900 14 % Wayne Pump Co 102 33% 12,700 34% ■ 20% Knitting Mills 8 107% Jan 33% 20% 28% 34 14% Waukesha Motor Co 11% Feb 9 19% *28% 34% 3,500 29% Wayne 17 29% 11,101 15 19% 34 33% *33 50 10% 28% 19% *28% , 102% 14% 20% 15 18 29 v 2,700 10 9% 15 34% 33 % 4,300 • 8 15 14% Apr 21% Mar 11 Oil 102'A 23 No par 3 Power 29% Apr $4 102 'A 1.700 7% 22% 9% 19% 19'A *28% 7% 23'A 14% 19% 5 Jun *ioi% 9% 14% 28% 4 88% Jun 102'A 9'/a 14% 33 5 98% J,un >101% , 19% . 8 99 9% 32% 9% Jan 32 8 14% 28 % Wash 7% 23% 1 13% Feb 25 Dec 57 % 7% 23 Va 57 57 57 7% Inc 14 16 56% 56% 56% Xl4% Sep 84% Feb 1,500 *101% 8 1 1,000 Foundry A Pipe No par Warren Petroleum Corp 3 Washington Gaa Light Co—No par Jan 13% 12% 24% 23% Pictures 19% Jan Mar 16 12% 24% 7% Warren 30% Jan 12'/a 25 9% Warner-Hudnut 11 Jan' 12% 24% 56% Corp 10% Apr 17 12 Va 24% 23% preferred— 19 Bros 12% 24% 1 common 100 12% 24% 2.50 Baking Co 63 12% 24% No par Walworth Co 19 25% Jan 17% Apr 9 24% Mar 23 100 No par 10 Walgreen Co Walker (Hiram) Jan 9 37% May 14 31% Dec 30 preferred Waldorf System 13% Jan 3 17% Apr 16 18% Nov 20 33% Mar 19 30 11 24 % Jan May 12 9% Mar Mar 26 60 13% Mar 10 29% Jan 9 *0 par 1 5 petition has been filed for the company's reorganization, a Deferred delivery. 5 bName changed 2.000 30,300 3,400 400 from Eureka Williams Number 5317 Volume 179 The Commercial and Financial Chronicle ... (1741) 25 *: Bond Record New York Stock «» FRIDAY The italic letters In the column WEEKLY headed "Interest Period" Figures after decimal point represent Range since Jan. 1 Highest 99.24 May 12 or GOVERNMENT BONDS Year 1953 Lowest one each the case 32nds more month of when Lowest 104.16 Dec Highest , 102.4 Feb 102.4 16 Feb 16 ___ __ __ 108 — Feb 19 Feb 108 SALE PRICES Apr. 11 Lew High - *109.12 Low High Thursday Low Apr. 16 High lew *109.4 109.10 *109.10 109.16 *109.18 *102 102.2 *102.1 102.3 *102 104.16 *104.12 104.16 *104.13 104.17 *104.4 -104.7 *104.2 104.6 *104.6 104.10 *104.10 104.14 1958-1963 *106.16 106.24 *106.20 106.26 *106.20 106.26 *106.20 1960-1965 *108.24 109 *108.22 108.30 *108.22 108.30 *108.24 109 1956-1958 *102.6 102.10 *102.7 102.9 *102.7 102.9 *102.9 102.11 *103.12 103.16 *103.10 103.13 *103.13 103.16 *103.15 103.18 102.16 *104.12 1961 Treasury 2Vis Dec 15 1958 • - 106.26 Treasury 2 Vis 94.8 98.29 Feb 95.20 Oct 23 95.20 Oct 15 15 98.29 Feb 102.8 *102.3 102.5 *102.8 102.11 *102.14 *101.12 101.16 *101.4 101.10 *101.10 101.16 *101.18 101.24 —1963-1968 *100.30 101.2 *100.22 100.28 *100.28 101.2 *101.2 Treasury 2%s Treasury 2%s Mar 25 *102.5 1962-1967 Treasury 2%s Mar 25 1961 Treasury 2%s 94.8 101.8 June 1964-1969 *100.20 100.24 *100.14 100.20 *100.20 100.26 *100.26 101 Dec 1964-1969 EXCHANGE *100.20 100.24 *100.14 100.20 *100.20 100.26 *100.26 101 CLOSED 100.16 *100.16 Treasury Treasury Treasury Treasury Treasury 23 *7 2%s 2V2s 2Vis 2Vis 2Vis 1965-1970 „ 23 23 99.14 Oct 99.20 Feb 15 99.20 Feb 15 100.22 *100.10 STOCK 100.22 *100.24 100.30 *100.12 100.16 *100.4 100.10 *100.10 100.16 *100.18 100.24 GOOD *100.8 100.12 *100 100.6 *100.4 100.10 *100.10 100.16 Sept 1967-1972 FRIDAY *100.8 100.12 *100 100.6 *100.4 100.10 *100.10 100.16 •100.8 ,100.12 *100 100.6 *100.10 Dec 1967-1972 June 15 2 Vis 1954-1956 *102.11 102.14 *102.13 102.16 *102.15 102.18 102.20 *102.15 102.18 *102.16 102.19 *102.20 102.23 *100.9 1954-1955 — 2Vis 100.10 102.16 ♦102.16 1958 *100.4 *102.12 1957-1959 Treasury 2%s tTreasury ^Treasury Treasury Treasury Treasury *100.18 - 1972 1966-1971 —:—June 1967 Treasury 2%s 99.14 Oct Bonds ($) 102.2 *104.12 the Week High 109.24 102.3 104.20 *102 1956-1959 Treasury 2Vis BllM ft Friday Apr. 15 High - 109.16 1955-1960 :___ Treasury 2%s Treasury 23/4s 19 HIGH Wednesday Apr. 13 Lew 1978-1983 Treasury 27/8s Treasury 23/4S Treasury 23/4S — — AND Tuesday Apr. 12 EXCHANGE Treasury 3%s bond* mature. Monday NEW YORK STOCK 4 the point a LOW Range for Previous u YEARLY - indicate In 100.12 *100.10 100.12 *100.10 100.12 *100.10 100.12 100.16 *100.9 100.12 *100.10 100.12 r *100.10 100.12 1956-1959 June 1959-1962 *101.18 101.22 *101.18 101.20 *101.20 101.22 *101.23 101.25 2'/4s *100.28 101 *100.25 100.29 *100.29 101.1 *101.3 101.7 2Vis Dec 1959-1962 *1(J0.28 101 *100.25 100.29 *100.29 101.1 *101.3 101.7 100.11 *100.9 _ 2 Vis _, __ *100.10 100.12 Treasury 2s —June 1954 Treasury 2s Treasury 2s 1954 *100.24 100.26 *100.24 100.27 *100.24 100.27 *100.24 100.27 Dec 1954-1955 *100.23 100.27 *100.24 100.26 *100.24 100.26 *100.24 100.26 Dec ___ International Bank *100.9 *100.9 100.11 *100.9 100.11 100.11 for Reconstruction & Development 90.16 Jun 17 94.16 Jan 2 94.8 Jan 7 99.28 Mar 22 25-year 3s__ 91.25 Apr 16 94 July 20 93.8 Jan 4 99.22 Mar 12 25-year 3s Mar 1 92 Jun 15 96 Nov 4 1976 6 99.8 *98 99 *98 101.24 Mar 26 99 *98 99 30-year 3 Vis Oct 1 1981 2.000 95 July 98 Dec 1 *101.20 2 102.8 102.4 2 *101 102 ♦101 102 102 102 23-year 3%s May 15 1975 2,000 *102.8 102.24 *102 103 *102 103 *102 103 19-year 3%s___ Oct 15 1971 *103.8 104 *103.8 104.8 *103.8 104.8 Oct 1 1956 *102.16 103 *102.16 103 *102.16 103 *102.16 103 Jan 1 1969 *103.8 103.24 *103.8 104.8 *103.8 104.8 *103 104 97.16 May 12 Oct 101 94.24 Jan 101 Feb Apr 6 30 101.24 Feb 4 101.16 Jan 13 102.28 Feb 24 101.20 Feb 100.16 Nov 26 1 103.28 Apr 6 100.24 NOV 104.12 Mar 10 1 July 15 1972 __ 3-year 3s__ 15-year 3Vis Serial bonds of *98.24 99.8 99.8 *98 *98 99.8 99.8 *98.8 P9.8 103,24 103.24 2s „due Feb 15 1955 —due Feb 15 1956 due Feb 2s— 1957 2s 15 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 ♦99.16 100.16 *98.16 100 *98.16 100 *98.16 100 *98.16 100 ' 2s —due Feb 15 1958 *97.16 99.16 *97.16 99.16 *97.16 99.16 *97.16 99.16 2s -due Feb 15 1959 *97 99 *97 99 *97 99 *97 99 due Feb 15 1960 *96 98 *96 98 *96 98 *96 2s 2s -due Feb asked and price No sales transacted this day. tBoth issues 15 1961 *95 _____—due Feb 15 2s •Bid 1962 *94 being called for redemption RANGE Thursday BONDS Interest Last Period Bale Priee New Ywrk Stock Exchange Thursday's York Bonds Bid A Asked Low New on FOR June WEEK 15 at *95 97 *95 97 *95 97 96 100. ENDED *94 96 *94 96 *94 96 Odd lot a APRIL transactions, e Cash sale, r Registered bond Week's Range Thursday ■ N p. Low Interest New York Stock High Exchange Last Period BONDS Jan. 1 transactions. 16 Range Since Bold High 98 97 . Week's RangC or 5,000 1950 Bale Price Thursday's or Bid A Asked Braell (continued)— 3Vis series No. 19 City Low Issue— Corporate Stock 1980 June-Deo 103 3/4 19 98% 104'/a • June-Dec 80 80 June-Dec 95 *86 80 : 3%s series No. 24 June-Dec June-Dec * 3%s series No. 26 June-Dec series No. 27 June-Dec June-Dec *80% 3%s series No. 29 June-Dec 81% 3%s series No. 30 June-Dec 83 Telephone REctor 2-2300 120 Stock Teletype Exchange NY Broadway, New York Oauca 1-1693 Val (Dept of) fAChlle (Republic) |A7s .. 30-yr 3s external assented f 8 7s if.. Foreign Government and Municipal 1942^. Agricultural Mortgage Bank sinking lAGuaranteed sinking (Columbia) fund Feb-Aup 1948 April-Oct Akershua (Kingdom of Norway) 4s 1968 Mar-Sep fAAntloqula (Dept) collateral 7s A 1945—Jan-July lAExternal sinking fund 7s ser B 1945 Jan-July 6s lAExternal sinking fund 7s ser C 194fl__Jan-July lAExternal sinking fund 7s ser D 1945—Jan-July sinking fund 7s 1st ser 1957_Aprll-Oct AExternal AExternal sink sec AExternal fd sink sec fd 3 Vis 1957_April-Ocf ser 1978 5s (Commonwealth) 10-year 1957_Aprll-Ocf ser 3rd 7s 20-year 3s a f $ bonds Antwerp (City) external Australia 2nd 7s 1958 5s 30-year 15-year 104% 103% 103 Vi 103% 81% 51% 100% 101 100 ' 100% 100% 100 Vi 1001/a 46 97 100% 117 loan AExternal g f 6%s to s Stamped f of due 1957 1928 to Plan A Plan to 3.375%) to Stamped reduced to 3.5%) funding bonds of to 3.375%) A SVis series No. 80 Vi 64 95 of June-Dec 1962 May-Nov 1960 66 38% 38% 63% 66% 38% 66'/, "5 4o% 66% "2 ♦66% *40% * 381% 64 Vi 40 % 65 % 38% 40 Vi Mar-Sept 1901— *66% 64% 64 Vi *40% 38% 40 V'4 14% June-Dec Mar-Sept 6% 14% 20% 112 *108 60 Vi 106 105 116 123 105 116 *108 1961_AprU-Oef Jan-July 106 53% 60% 61 - IA Sinking fund 7s of 63% lACosta 81 % Rica $ (Republic bonds 1953 1927 due 1947 1952 of) due Feb-Aug June-Dec - 1951 7s 1972— 100% 22 ►101% 102 50 49Vi 43% 107% May-No?' —Apr-Oct 102% 100 % 101% 101% 101% May-Nov 101% 501% 39 44% 43'% *43% 37 41% 43 Vi 107 % 108'% 41 107% 114% 50 65 59% (City) 5s gold 4%s 1953 94% 61 8 13 16 63% Cuba (Republic of) 4%s external 1977 June-Dec Financial 80 76% Institutions 77% 80 2 77% 80% 89 89 78 *87% 92 82 "l 79% __ 80 4 HARL MARKS & fa INC. 82 82 88 82 *83 __ 88 76 FOREIGN SECURITIES SPECIALISTS June-Dec 3%s series No. 16 June-Dec 3V4s series No. 18 *79% __ June-Dec 17 ' 83 78% June-Dec 82 82 j—— 81 ■ ' . i I St., New York 4, N. Y. 1* 78% 77 —M *79% 78% 77 79 *79% *79% __ ' ; 50 Broad 82 ' 3 Vis series No. TRADING MARKETS 93 80 33 87% 81% -m-j* FIRM 78 87 y4 91 *81 __ SECURITIES 80% 82 80 FOREIGN 81'/« 77% . *78 June-Dec 15 '.v78% 7 16 _ 80% *91 June-Dec 14 83 80 __ June-Dec pegc 40% Mar-Sept 7s 1960 Jan 78 38% 36% 66 40% *40% ! May-Nov 1962 66% 38% *40'% June-Dec 1961 63% 1 *66'% April-Oct April-Oct 1961 66 % 39 Vi June-Dec (Hukuang Ry) 5« 1951 (City of) 6%s 1950 (Rep of) 6s of 1928 Oct 1927 25-year 64 Vi 94% *89 June-Dec 3%s series No. 3%s see 65 *79% June-Dec 11 footnotes 6s 39% June-Dec sinking fund dollar bonds 1970—April-Oct Mortgage Bank 6%s 1947 April-Oct JASlnklng fund 7s of 1926 due 1946_ May-Nov 95% 59% 60% __ 79% — June-Dec 1 12 Fnr • 14 — *79 — June-Dec 1 3%s series No. SVis series No. 64Vi 80 81'/a June-Dec 3%s series No. series No. 1993 For June-Dec 9 39% 3a ext 65 92 11 — *95Vi June-Dec s 10___^ 64 63% June-Dec 8 3%s series No. 59% 65 June-Dec ; 7 8%s series No. A 90 98 92 63% Aprll-Oct 5 SVis series No. 39% *40% 66 % 66 (Plan B)— 4 3%s series No. 63% June-Dec 3 8%s series No. 65% AColombia 2s ref June-Dec 2 3%s series No. 65% *95 __ 63% *40% (interest 1 SVis series No. 76 95% *66'% 41 1951 1979 1944 12 — 40% 38'% 63 Vi (Interest , Plan External dollar bonds of series No. A due __ assented 40% 40 65% I AColombia 63Vi __ Aprtl-Oet 1978 to pursuant Plan lACologne 7s 64% 38% 64% „ 66 May-Nov Municipal 40 Vi 62% — 40% Aprll-Oct May-Nov fund 6s 40% 64 Vi 38% — 66 1963 6s 64'A 62 Vi , *40 Vi 6s fund 997/s 63% 40% -v, *40%;,- Aprll-Oct 3s 99% 49% 39 % 1957 lACopenhagen __June-Dec 1931 AChlnese 109% *95 __ April-Ocf (interest 1952 pursuant reduced 83'/a *64Vi __ Aprll-Oct 1979 A 125 107% 9b V4 • __ due 1957 to 83 *95% 1 Aprll-Oct * Stamped l_ Consol 117 A (interest 1979 6%s of 1927 (Central Ry) 83 June-Dec : Interest June-Dec 3.375%) pursuant reduced A 1978 pursuant reduced AExternal 3.5% 1941 AChllean 80 94% 44 *66% *40% 1982 bonds sinking assented 7 70 57 50 103 7/« *40% 1961— assented AOs 97 5 94% — *66%. 6s fund sinking AGuaranteed * 4 76 $ assented 20 117 76 April-Oct 8s Plan to 117 99 107% 107% June-Doc 1950 external pursuant1 Stamped 7s 98% 102% 13 —Jan-July 1961—Mar-Sept Mar-Sept 6s Sept 1961 Mortgage Bank 6%s 1957 A 8s 101 % 97 25 98% 98% *50% April-Oct 1963 fund AQuaranteed 101 Vi 88 28 Feb-Au# 1958 to 99% sink a6v2s 101% 100% 101 % __Ju»e-Dec extl 6s reduced 98% 44% __ 99% 98% .^April-Oct 1962 sinking assented A6%s assented 106 % '100% 100% 1955 6%s of) Extl 52 103% 101 76 assented A 68 1961 Sept sinking fund AExternal AChlle 100% 1945 State) (City external 75 43% 5 25 99 (U S of) 29 80% 75 __ 52 103% 103% 100% 75 l A 6s 817/a 80 % 100% Feb-Aug Stamped 80 % 73% 71 Jan sinking fund assented AExternal 74%. 5 __ 101% 101% 101% -June-Dec of) 817/a *80Vi 1966 (Kingdom §A6%s 80 % __ 75 71 *80% 1962 (Free 75 *80% assented A6s June-Dec ABerlin 3 Vis __ — 3%s (ABrazll *50% *66 % AExternal 79 104% *66'% —" *80% — 100% 79 102% 102% Feb-Aug A 6s 100 100 *98 June-Dec Belgium B% *80% 3%s fABavarla |A7s __ __ Jan-July Feb -Aug 10-year 3Vis 1957 20-year 3%s 1967 *92% 52 June-Dec 1955 *92% __ Jan-July 1956 — — 82 6 AOs assented Feb 1961 Feb-Aug ARy external sinking fund 6s Jan 1961__Jan-July — 1947 6s fund 82 80% 10 . lAGuaranteed 83 81% "l 103% 104% -May-Nov sinking fund 6s 1960 A6s assented 1960—«_—__ AExternal sinking fund 6s Feb 1961 81 % 1 88 103% 103% 1942—May-No® AExternal ' 81 82 104% 1978_Jan-July f $ bds s 83 81% *80% (City) sinking fund 5s 1957 Mar-Sept fund gold 5s 1958___ Feb-Aug Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-July Canada (Dominion of) 3 Vis 1961 Jan-July 25-year 2%s 1974_ ^Mar-Sept 25-year 2%s 1975 Mar-Sept Sinking York 80'% 81 82 80 %• 3Vis series No. 28 Brisbane New 77 % High *79 % 3 Vis Members 96 89 - *81 SVis series No. 25 WERTHEIM & Co, 80 92% 80% 3Vis series No. 21 Foreign Securities 79 89% June-Dec 81 1 95 June-Dec Low 84 81 78% 1 81 ^ 3Vis series No. 20 103 3/4 103 tt Jan. 1 No. '•» 3 .June-Dec SVis series No. 23 3% Unification Range Since Sold 3Vis series No. 22 Transit Bonds High 79% Teletype NY 1-971 Telephone IIAnover 2-0050 29 —r a.i l.'.W .t.'j'Ui v.'i/i d >$': t« fl >t> )»♦'"it'tt (1 « - U'd va.44fii.vj ,'W.tl fK'd i % * xt'ibt,. UI r.yi , w * m » 0 \ mm «r w m «r * » ■«-,* * W » a «i, ,, t l, »r .1, * . -.1- :.t-1 .* *•'! - * *< •'))) 'i a i.'ri', i m t • *«.*, i'-'t •» v •'<" !' i * "5 'jlllt.Hl -*1+ -' * 26 Financial Chronicle... Monday, April The Commercial and (1742) 19, 1954 NEW YORK BOND RECORD RANGE Interest BONDS Last Period New York Stock Exchange (Dept of) Chechoslovakia Jan-July 1978 3s Bid & Asked Called bonds Salvador extl (April 15) (Republic f s dollar f dollar bonds Jan dollar SAFrankfort bonds loan 3s dollar 1976 3s & conv Prussian 85 664 9 57 83 6%s 1953 5s May-Nov 112% 113% 112 fund 82 66 68% 11 45 57 ?b 25 60% 3s dollar German Great 56% 56 63 80% 57 56 45 98% 100 36 Apr-Ocf 65 76 76 77% CO —April-Oct due loan; Dawes 1949 1st mtge A ser 98% & mtge gen A7s part A6s paid — 1960 1964 Credit 30-yr gtd IA7s ext f s Consortium ext series f s B 3s 3s for 763/4 52 93% "163 100% , 1623/4 — 100% 100% 100% 163 1 163 100 24 19% 493% 37 119 18% 45 Va 113% 115 6 flVas 34% 36% April-Oct Jan-June 56% 1947 9 of) 7s 1951 Japanese (Imperial Govt) — A6%s extl loan of '24 1J54.. 20 51 55 97 52% 56% AExternal — 95% 95% AExternal 93 98% |A7s 6%s due A5 'As fl'/as extended 1954 extl due loan 1965 AJugoslavia to '30 of 1964 1975 to AMedellin 30-year 3s f s $ bonds \ 57 87 137 1 129 86% 87 4 23 87 9 1957—Anrii-Oct 9 26% 73% 52 Jan-July due 1945 §A4%s 153% (1922 agreement) ASmall Mexico 137 of § A Large § ASmall IA 5s A5s A (1922 agreem't) external (1942 agree'!.) (City) |A4s of (assented to 1922 10% (assented new to ; assented ~9% 9% ~9% 1913 (assented America /American - ASmall lAMilan (City Mlnas Geraes ASecured 15% 163/a 15% 16% Stamped to pursuant reduced to ex'l 992 Plan A 1958—il/ar-Sept extl due SVis loan (30-yr) 1953 extended extl A5«/as Oelo loan due 11)58 (City) i (30-yr) extended (State to of) Stamped pursuant reduced to to (Republic of) ANat loan extl ANat loan extl lAPoland A4'/as s j 6s 6s (Republic 7s Stamped reduced Stamped I960—June-Dec1961—April-Oct 1940—April-Oct. 6s 1950—Jan-July * to to 99% 102 to A6s external Stamped to 2%) external A 1013A Feb-Aug Plan A loan of to 2 5%) 1921 123 A 2%) loan of Stamped pursuant April-Oct (interest 1999____ sinking fund gold to to Plan June-Dec (interest 2012—. 1926 to Plan 1966 A to 2.25%) 2004 stamped pursuant to Plan fhiterest reduced to 2.25%) 2004 8ARome (City of) 6»/2s 1952 For footnotes see —. ■ 139% page 29 93'A __ *96 84% 100 83% 84% 67% 67 68.. , 3%s 70% 100 3A 101% 38 36- *. 60% 55 60 % 58% 55% 60% 10 10 8 16 135% May-Noy June-Dec A 17 105% 105% 93 99% 6 104'/a 98% 98 % 29 95% 125% 126 % 14 127% 128'A 8 127% 128% 303 105% 99 | 118 127% 119% 129% 128% 101% 101 101 Va 54 99% 102 s/8 101 % 101% 101% 35 96% Feb-Aug 102% 102% 102% 13 983A 102% 103% \ 9 '. 4s June-Dec 1960 1977^ ■ .' : April-Oct 1995. July 3%s .Quar-Jaw • ' 1UG2 4%s Refining' 2%s _ w 96/V 101 IO33/4 80 77% 102 123% 83 '/•-.- ' ■ 102 6 May-Nov *.L"' 101 103 117 1243/4 111% 118 101 122 Va 123% 9118 '■ ■ debentures 103 ' 36 106 % 109% 5 101% 104 *104% 103% — 100% 100'A Jan-Julv 1906^ 119 102 3/4 102% 102% Jan-July 1979—. - 108% 109 y4 ^Mar-Sept 1972. 44 *103% 105 May-Nov June-Dec 1980— A 91 5 1293(i :; t1:. ■ 1964...' ser 4 100 9— ■: ,_Mar-Sept 1183A > 93% 982 April-Oct A C ,. 93 103 Va 103% Vr':-' •• .April-Oct t debs Fe— — Va 12% 10% 11% 8V4 Jan-July -w 17 96 *105% 106 . 104 'A 100% 103% 106% . 39 79 " 5 68 79 4 ,2 130 / 79 1353/4 135% *56% « 56% 40 51 31 *67 38% j 57% 38% June-Dec •38% April-Oct 994 74% 76 75% 731/4 75% 158 75% 783/4 1 Mar-Sept 75% 73% 75% 31 75'A 79 1996 75% 8B 27 86% 91 325 66% 71% 96 96% 21 93% 96% 79% 81 23 80% 84% : B'western div- first mortgage 5% scr A • (3V2% fixed & l%%conting lilt) 1980.Jan-July division— ref Telephone ~of Pa 11 M 4s series 5y series - . D conv 1985 1976 ' 81 - *78 Jan-July . A6 %s debentures s f Steel 49% Boston 37% 60% 40 First 38% 37 38% 40 37% 40 General 92% 96 1st Co 2%s debs 1981 First & — ' ' 92% L - ' — ' _ * Maine •' ' 109% 10 94% ,98% — 104'% — 92% 106'/a 4 89 110 1 98 110 99% 113 97 1Q0% 103 1 98% 99 20 98 98 2 95% 98 101% 102 8 98% 102 97 101 Jan-July May-Noy Jan-July Mar-Sept 100 ' 10 100 RR— mortgage 5s series AC 1967— First mortgage 5s series II 1955 mortgage 4%s series JJ 1961 Mar-Sept 80% 80% U 76% 81% 99% 100% , 81% 76% 9100'/2 100% May -Nov April-Oct First mortgage 4s series RR I960 Jan-July AInc mortgage 4%s series A July 1970. May-Nov Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas 4s debenture* 1969-^MaT-SepfcJ *77% 81 , 74% 59 101% - 3s 2%s 1980 1976 Jan-July _ 101%, 104 104%. Jan-July 70% 53 75 % 58'% 74% 58 % , 93 '. ... - 56% 100 4 17 -". - 102% . 78 75% 59 101% 104'A ' ' mortgage mortgage 92.% 107% 102 103 90 _ 12 98 "a 102 ^Feb-Aug mortgage 2%s series I 1970 Consol mortgage 2%s series J 1976 Consol mortgage 3s series K 1979 56 3A — 92% 83% 81. j Corp— Consol (The) 98'/a -—June-Dec 1959 92 V2 109% 10934 109 5/a April-Oct debentures^ 1951. 81% i *92 Jan-July C City Electric 6s 1955 45 60% 75 65 34 56% — 75% 87% 1995^ §A6%s S f * 38 V8 • Ma? -Sept I960—^April-Ocl Beneficial Industrial Loan 2%s debs 1961_May-Nov Beneficial Loan Corp 4'/4S debs 1973..—Mar-Sepl „ 49% ; 2000——— 87 % Borden 49% 102 V2 64% Bell 35% 957 97% 99% 87% Bethlehem 35% March due Dec 1 First lien .and 53% 35% 953 due 'Toledo-Cincinnati 56% 33% 93% 49 65% A Berlin 39 Vs M 1 Bangor & Aroostook RR 4%s - 142%, 39 % — 37 96% 101% April-Oct ..June-Dec 39 i 67% 14 1 97% .100% 101% 97 April-Oct general mortgage 5% (2% 3% contingent interest)— > • Series G due Dec 1 1995 —June-Dec Series J 39 79 VV/ A4%s convertible -income Feb 1 2010 ; May Pittsburgh Lake Erie & West Virginia— ..... Refunding 4s series A 1980....May-Nby " " 39 — ■ RR— Ref and gener-al morlgage 6% (22,s% - ^fixed and 3%% contingent Interest)— * 12 39 Ohio Series 15 9% & Series K due March 12 78% 9 973/8 —'' fixed and v* 18 8 9% 78% : 92'A 983/4 Refunding and » 12 18 *39 79 79 121% 16 99 94% 1113/4 128% First mortgage 4s series A July 1975 First mortgage 5% series B (4% fixed and 1% contingent interest) July 1975 40/ 55 3A 13 9 98% ■ 87% 69 96% 93% 35 19G2—April-Oct April-Ocl 3s I960.. 5s ser debentures -Baltimore — — 9% 9 -C ■ RR 97% ■ 53 ....Jan-July Corp 1995 Line 96Va : 56 . 1197/b 120'A 98% . Topeka .& Santa 4s 120% ./ 105% B 75% 1 " 12 .June-Dec ——Feb-Aug Mar-Sept 1963. 4s Investment 68% Co.— April-Oct 3%s debs gold 62 % r 85 91% 234 . 95 '/a 100 77'A June-Dec 120% 2 '13 % 82 'i . 104% 107-1 83% '10 12 Inc Gen mtge 4'%s >•, 118% — 60% (interest reduced 1967 V 60% June-Dec due L. 74 105% 100 " 910% „„April-Oct 1968 A 98'A ' (interest 1946 *94% . June-Dec Gen mortgage 4%s-4s 77% 8 83% % 60% Feb-Auo Plan June-Dec June-Dec 1977— Products Co Coast Atl 103 131 *59 April-Oct 1953 2012— 3 104% Stamped 4s Jjily 1 1995.. Atlanta & Chari Air Line Ry 33/4s 1963 , — 52 60 % (State of)— pursuant reduced Plan April-Oct (interest 2001 100 100 __ 102'A V. 110 38 Jan-July. Mar-Sept pursuant reduced _ 101% 98% A 2001 (City of) 8s 1946 pursuant external Stamped . 993/4 * Plan 2.375%) 6'/2s W Associates * pursuant to to 2.375%) reduced . 9 Jan-July to 1033/4 41 _* Nitrate first General 100'A 8 Arbor Atchison 6 102 P 102 / 7 74% 74% 100% i—1 0 0 • series gold 56 104'A 104% 104% 100. 71% 16 I 1969 debentures 101% '1 — 106% 107 — debentures Co 104% 99 102 % 103 1965 Tobacco Anglo-Lautaro i series 1963 Grande do Sul A7a 41 debs conv Anheuser-Busch 102 101 __ __ ■ Mar-Sept .Mar-Sept 1959 72% 20 106 % 1961— 19(i4__ debentures 3Y4S (interest 1st (City of)— stamped pursuant I AExternal secured 7s 83 Mar-Sept A 2nd of) assented de Janeiro IA8s Va 33 ■— 9129 pursuant to Plan A (interest reduced to 2.25%) 2006 fan-July APrussia (Free State) 6'/2s ('26 loan) 1951_Mar-S#pf A5s s f gold extl ('27 loan) 1952 __Apr-Ocf 8 A Rhine-Main-Danube 7s 1950 ■lo 53'A 101% ,— *140 7%s 1966 stamped I^Rio ;' v-' , __ 99% Alegre 1961 « v __ 102 April-Oct 2008 external f f s (Interest reduced . 8s Ann 9106 A4%s assented 1958 ..April-Oct 1 A8tabilization loan sink fund 7s 1947—April-Oct A4'/as assented 1908— April-Oct f AExternal sinking fund gold 8s 8i . 101% 101% May-Nou 1955 1947 Plan 2.125%) 33%s American r-' 101 v* 102 9 Mar-Sept —May-Nou • Porto . 91017/b Feb-Aay 1968 7s * . — 99% 100 — Jan-July debentures 101% 101% , 15 102% 1973 debs 8334 Feb-Aug 1987 Atlantic 1958 99 % April-Oct 1966 H% 142 77% __ 93 conv 15 6% ■ — 103% 103% *102 % ■ 9 8 Va conv 39 %» 78% 130 2 96% >; *4 37'A 34 __ — 37% Mar-Sept 1953 to 1963.. sinking fund 4'/as lAPernambtico APeru 18'A 94 Development Co Ltd— |A6s fls :* 9100% '— 98% debentures 94%' INDUSTR IAL COMPANIES 92% A (Kingdom of) 4'/as 1956 Mar-Sept sinking fund 4'As 1965 April-Oct 4s sinking fund external loan 1963—Feb-Aug 3yas sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s l970__J?/««-1Vc 1952—; 41 54 9 External 6s 53% — *101% Norway (City of) 53% 9 1959„Mar-Sept _May-Now iOriental 'A 18 92 % — *37% __Mar-Sepf 6'/as 83% 96 3%s (Interest 2008 2.125%) sinking fund 9 Stamped pursuant to Plan A (interest reduced to 2.125%) 2008— Mar-Sept Netherlands (Kingdom of) 3:|/4S 1957 § A Nuremberg 83% 93 33/as 29 18 V\ I8V4 "April-Oct 6'/2s 3 98% debentures 94% 72 10 96% 19 19 19 918% 't sinking fund 10 139 __ f debs 19!l2_x._ 100 :r- "34% 13 10 April-Oct 2Vas 143% 95% ... 139 .. .. .Feb-Aup 2%s debenLiires s ./ • 1975 debentures 92 , 2' - 81 1980 conv / 903,b 89 26'' 1970—May-Nov Telegraph 3%s 1963_Jan-July 1952— 99%:; -- *73'/» ; 1956—-Mar'-Scpl 2%s debentures 1971 __ 6'/2s of) & ' ■" 198g— debentures 23/4S (Stale)— extl ASecured (1942 agree't) Telephone ' 38 ' . - 94 V2" debentures ,1 Jan-July assented new AND 1964 debentures 3s 93% 'f ? . 98 June-Dec 1978 3%s Corp 33/4s s - 94% debentures 2%s ■ * — A6s Bosch 3%s Ltd 99% — — 92% " ... 94% 1964—May-Noy American & Foreign Power deb 5s 2030—Mar-Sept 4.80s Junior debentures 1987———Jan-June 1922 to 1933 -60 • 85% 79 : June-Der debentures 2s 53 -Feb-Aug 1971 Canada /American Airlines 85 16 % 16% 16 >/4 6s of agreement) 8 ASmall 93% Jan-July 1961 3'/2s debs of 17% .i. 163'# 916 1963_Jan-J;Ry 77% 83% 134% 8 ■ > 85% 84% *99% Mdy-Nov RAILROAD Dye Mig 173/4 10 60 55% 2%s ■' ASmall lATreasury & 17 % 9% 71% — — (Dept of) Valley to of — _ (1942 agree'!,) Chemical American Ja?t-July 129% . Feb-Aug Co agree¬ — 121% 5 77 63% 2%s 1968—Jan-July 1922 —- 74% 2 — Albany & Susquehanna RR 4'/2s 1975—April-Ocl Allegheny Corp debs 5s ser A 1962 May-Noa Alleghany & Western 1st gtd 4s 1998——April-Oct 27 17 "2 • i 68 *163 1979 6s of '26 extended 163/4 1 17 121 ~1 143Va 143% Great Southern 3%s 1967 May-Nov Alabama Power first mortgage 3'/aS 1972—Jan-July June-Dec ___ assented (1942 agree't) 1910 1961 17 17% 120 74% 1937)—.: 1979! 1958 Aluminum Co ■r'l 17% 17 101% '84% Alabama agree't) — ment) 1945 § ASmall A4s 17% 917% ' 1954 new due 1 Aluminum ; 1904 of due A4s of external 7s 1958.J— (City of ) Allls-Chalmers 1903-Jan-July Large 100 % — readjustment 1984. A4'/2s assented 1945—Quar-Jan ASmall A4s conversion 8s 1964 bond AWarsaw • assented new (dollar 52 3%s Allied § A Large § ASmall 13'A 3 77 Mar-Sept Mar-Sept 1946—Feb-Aug May-Nov May-Nov 1960 readjustment 73% 27 19% 15 10% 9 June-Dec 1955 Valle Del Cauca See Cauca ; assented to • Quar-Jan - •0% 87 -i— 26% 149 3 163% K ■ 1945- 153/4 143% 129 % 129% June-Dee external 87% ol)— due 1899 12 — 30 1968 (Republic |A5s 20% __ 74% May-Nov.. 3%-4%-4 fas external conversion. 1978—June-Dec *-*y4-4'/2s external readjustments 1978—Feb-Aug 92% 9% 26% Ltd— Co 73% '10 I960—Jan-J?tly 73% 153/4 12 % — 1953__ extended 1943—May-No« agreein't) 1952- f 1945 s 1943 (1942 64'A 25 *120% April-Oct April-Oct —.Mar-Sept 1971 to sinking fund 6s sinking fund 6s External fls small ANew assented V 3 101% 101'A -- Jan-July Jan-July 1981 1963— (Republic) 33A-4-4%s Irrigation— |A4%s assented , 20 . 9147 Jan-July 1961— 44 % 13 20 June-Dec 1957 to 19% 52 CVJ O 73 87 Ltd— Co Power mtge AYokohama Mexican 3'/2s 80% — 51% June-Dec 1978— 923/4 137 ' May-Nov Mtge Bank? 7s (Colombia) o'/as 1954 3 913,4 92 ...May-Nov (Stttte 145% 153 '/2 152 Feb-Aug 1965_ extended 1st External Feb-Aug 59 ~ May-Nov 1971 to Electric — *98 % June-Dec 73 CSJ 0 20 % 92 ser 7s 95 '/2 Jan-July _ (Kingdom 3 20 1953 extended 55% 55'/4 % 73 „ 12 % extended 1961 lAUruguay 55 Jan-June — 84, 988% |A6s 1st mtge $ OJlgawa 993V2 Mar-Sept Public Utility Institute— 30-yr gtd ext s f 3s 1977 § AExternal 7s 1952 1962 1962— 7s sterling loan of '12 55 54% 54% Jan-June 10 *14% f 75 64 *84 — June-Dec fls -U Works 1977 70 Jan-July ' 99 Va 52% 21 56 4 — " June-Dec s 77 Tokyo Electric Light Co I.td— 97 98% „• 55% — 75 . (interest April-Oct, 5 A With March 1 1952 coupon; on— ' 998 ..April-Oct 72 *79 — June-Dec extended 1971 due IA 5s 123 110 51 ~ 1958. (City of) — A5%s extl loan of '27 39 363/4 (40-yr) 70 — May-Nov; to external Power A5%s *93 1958—.———— of) Electric 5%s due Italian JAItaly 1968 external extended 1952 (Prov 13 Tokyo 98% — 50% „ . 1962 Council 101'/a 57 (Kingdom)— secured B County 1623/4 77 (interest, ,,, Jan-July 2012! 2%) Sydney 156%#163 -- 9100% -- Feb-Ana - 1977— Public series ASilesia 95% 75 Mar-Sept A — L02 % 55 — 55 Jan-July 1956. loan Taiwan * (Republic) 91% —May-No?; paid 1968 jAHamburg (State of) 6s 1946 Helsingfors (City) external 6%s 1960 Italian , 91% —Feb-Angp Feb-Aug Jan-July Jan-July — part Italian 1999 loan external A4%s assented June-Dec to 57'% 4 — (interest A Bhinyetsu Electric Power Co Ltd— jA6%s 1st mtge s f 1952 " 1950 6%s due 1950 extended Greek Government— to secured fl%s due 1965 series A 1944 extended to 1954 1944 1st A8s — — (Young loan)— Consolidated Elec Power— §A6%s 55% 557/b 57 • °50 >"* Jan-July 2.57e) dollar external A7s .June-Dec 56 *69 -- May-Nov Plan to Barbs Croats & Slovenes 1972—. 1924 1930 May-Noy 1957—May-Nov 2012. water reduced 67 62% 65 62% 1963—Jan-July 1930— International loan AOs issue— 1980— bonds Govt SA7s 7s loan gold 5 V2 s of bonds (extl §A7s German loan to external 62% 2 60 Va 65 .June-Dec due 1953 1953 High of)— Stamped pursuant to Plan reduced to 2.257c) 2004 84% 56% Jan. 1 Low (interest A stamped pursuant to Plan A (Interest reduced to 2.5%) 1999——_Jan-July reduced 80 Plan /Stamped pursuant to Plan A issue bonds 2% ) to (State Stamped pursuant 56% 80 2001 fund to Range Since No. 1936 A 7s April-Oct April-Oct 2.3757c) Bonds Sold High (interest A IA 8s external 1950— 17 122 1936 Conversion dollar 58% of)— dollar bonds 1972 International 68% 13% - • 4s reduced Paulo 8s 58% *13% to Plan to Range Thursday's May-Nov 1952. 8s Stamped pursuant 83 65 68 To '/2 Jan-July 1972__; of (City) pursuant A0%s extl secured sinking 49 1003/4 ,104% 99% 100 % 1924 bonds 10-year bonds 83 1967 5%S dollar bonds 1969 "; 9 Jan-July Jan-July Jan-July 1976; 1 1 Jan Republic of 21 7s of) Main on (Federal External 9Q. 40 101 % 102 San f German *35% 101 3/4 ........— —— s (ReDUblic Paulo reduced Aprll-Ocf April-Oct 1976 1 3s s lASao 52 of)— bonds Jan 3%s extl extl 44% or Bid & Asked Low to ' AEstonia 7 52 Last Sale Price High (State)— * 4s 52 Low Interest Period New York Stock Exchange Jan. 1 No. High BONDS Range Since Sold Stamped Stamped assented (interest reduced 6%) extended to 1960 Denmark (Kingdom of) extl 4%s 1962 El 52 Week's Thursday Bonds Thursday's or Sale Price Low Cundinamarca APRIL Hi ENDED WEEK FOR Week's Range Tbnrsday 97% — 92 Va 98 — — 98 Number 5317 Volume 179 The Commercial and Financial Chronicle ... (1743) 27 NEW YORK BOND RECORD Thursday BONDS Interest New York Stock Exchange Brown Shoe Co 3'As debs Last Period & Terminal Co Cons 1957 Low ' 15 88 va 26 Continental Baking 3s debentures 1965 99 Va 86 101 U '100 101 *104 >4 Jan-July 86 10474' 86 Continental Can 90 Cuba 104 % 81 Va 3'/as Co 3'As f s debs debs Afay-Nov 1st mtge 3Ves 1966 Afay-Nov (1942 series) 1970 California Oregon Power 3'As 1974 Canada Soullieru Canadian cousol National Guaranteed Canadian 4% 4%s gold 1957 Celanese Ry— debenture Inc Jan-JuZv A 1960 1905 3s debentures debentures 1976 Feb-Aup Feb-Aug 105% ioeVs 98% ; RR Co of N Central New Central Pacific Ry York *98 * 3 Vis Power mortgage Mav 1987 3s U! 85% & series 4 Vis Fibre deb 3s 1905 Refund and Refund and Refund and R & div A Second imp!, M 3V2s series D hnpl M 3'/2s series E 1996—Feb-Anp imp! M 37/aS series II 1973—June-Dec first consol gold 4s 15)89 Jan-July consolidated Chicago Burlington General 4s & gold 4s 1989 Mar-Sepl mlge 3s 1990— Chicago & Eastern 111 AGeneral inc mtge 4%s Jan Inc 4s .April A mortgage 4V2s Inc ser A Chicago Indiana & Southern Ry mortgage 4s series A 2038— Jan Increased conv 88% series B Jan-July A Jan Jan Inc 4'Ax Jan conv 1 mortgage 3s series B 1989 Chicago Rock Island & Pacific RR— mtge 2.74 s A ser Haute 55 V* 100% 9974 3 '/as . 55 106% 110 93 94% 105% H 73% First Cincinnati 57%' 30 , 103 V2 65%' 61 • 75 54'A • y 55 va 78 97 70% 70% 68% 68V4 109 97 Onion 6074 58'A 537/» -10:-' 72% 80 Va 93 98 69% , 10 74 .'V*1 - 68% I.T Finrtncial Corp 274s i960 debentures 102% Jan-July :3' v- 6 -- '71% 66 102% 102% 100% *10074 10074. Jan-July 1978 4s - 3s •98 74 100 > 1959— . — 104 99 Feb-Aup April-Oct June-Dec Cincinnati Chic & St. General gold 4s 1993 General 5s series, B 1993 Louis Electric first June-Dec 99 Div coll 100 % 13 103% 105% 37 ^ 94 % 99 "A '93 1 " 93 % 1st 4s trust 4.s 1977—Jan-July 1991— Jaa-July 1990_May-Wo» 1970 3s 9974 85% June-Dec Illuminating 3s 1082 81 % 13 mortgage Was 1985— First mortgage 374 s 1986 Short l.ine first 7874 67 66% 67 92 Va 92% 92% ■ -11 • Colorado Fuel & Columbia Gas System Iron Corp 474s debentures series 3s debentures series debentures 1 Columbus 1st k South 91 101 3s mortgage sinking 23/4S 3s s 1975 Elec 99 % 102 99 Va 18 99% 97% 27as s Feb-Aup 3'As 99% 99% 10374 5 103% 104 % 104 1970—May-Sepf 4s 103% 104 1955—Feb-Aup 100% 37 • 96% 100% 9974 105 Va 100% 104% . 18 *101% II 101% 101% 98% 103% Co- L series N 1977 1978 debentures 102 Feb-Aug 102% »19 10274 10274 April-Oct April-Oct 10 *93'/« 99% 102 Va 100 *99 "*94% April-Oct •94'A 100% 95 91% 92% 91% 98'A 98% - Companla Salitrcra—See Conn River. Power. 3%x series A 1961 Consolidated Cigar Corp 3%s 1965— Consolidated - Edison First and and or New Feb-Aug *103 April-Oet and refund and refund 1st & ref M 1981 -fat 3s & ref M convertible Consolidated -! 1st ref M 374s El 274s 1st ref M, 274 s , J ser debentures Gas ser ser Lt T , : . Power 1st cum fn D 2%*, 1968. 1978 374s 17 General A 1 103 "-87% 87% 10 85 99 Vb 99% 25 97% 105% 10574 207 10074 106 94% 99 10474 10474 105% 9874 99 *94 98 • § A6s Generul *104 ' 374s 10374 104 __ 142 76% 75% 77% *95 102 - -- *97 10 102% 5 *96 Co (Germany)— : 1948— — 103% 103% 1961 95% i 93% Hope Steel & Iron Works— § A 7s s f mortgage 1945— (B F) Northern Great 12674 128 V2 ' *9.8%'"J-Z. •,. Co - - 2 64 ' — first mtge 2%s 1973 96% 100 Va . Jan-July '\ -- 104% Jan-July 126 140 •■•: % 105% A Debenture Mobile First *104 104% 117 126 104 105 10474 104 125 105 106 103 Va 105 101% 105 94'A 94'A 1 94 141 2 135 125 1 11674 125 3 111 116 - 95 April-Oct certificates & 3s Slates Ohio 125 115% 115'A 1st mtge 97 — — 2 88 98 4 91 96% 93 22 85 93 81 15 81 i r 1969 " 374s 5 94% 9774 2 70 75 16 5 *103% — 9474 102 82 . 8274 11 100 75 95 101 *98 101 - 92 98 - 101% 10 — * . AAdjusted 5s income 5s Feb 128 % 92'/a — 98 101% — 105 *100 „ — 99 100 /.' —Mar-Sept Mar-Sept fund 5s 98 74 June-Dec h first 94% 1021/4 82% ' ' *92 ser A A 1962-June-Dec 1957 1957 Peb-Aug Aprll-Oct 90'A 96 92 130 —1 -- 104 126% 126 % 97% 104 *107%' 97% 104 2 135% 114% 126% 2 28 94'A 98'A 103% 104% 105% 5 — 107 151 190 188 190 84 82 84 46 82 93 49% 48 49% 230 47 52% 18% 16% 1874 113 15'A 19 97'A 10 93% 102% 16 98% & Power Co 3'As 1967—June-Det. Hudson Coal first sink Manhattan 22 104% _ » , 89'A 4 39 *101% A. jr'm* Water first mtge 28Aa 1676—Afur-Sept-. Mining Corp 6s 1949 Jan-July Hocking Valley Ry first 4'As 1999——Jan-July Household Finance Corp 2%s 1970— Jan-July v & 15% 101 94% 102 82% June-Dec 1983— ' Hudson 81 97% 74 16 — . 2%s 1973 2%s 1980 374s 1981— ■ 73 97% 74 —— June-Dec June-Dec —May-Woo 1978 mortgage 97 96 9274 - 93 1978—May-Nov ApriZ-Oct —Jan-July 1st mortgage 3'As 1982 1st 101% 95% ~— — Feb B 3s mortgage mortgage 98% RR— Utilities 274s debentures 13t *101'A __ 146% 107% 117% .. 104% 90 48 141 refunding 4s series B 1975.—Jan-July General mtge Inc 5s series A July 2015 April First and refunding 374s series D 1969-April-Oct General mtge Inc 4s series B Jan 2044—^—April Collateral trust 3%s 1968 Jan-July 1968 97% 103% 10374 104 104% 104% 94'A 1965—May-Nov 1958—— 99 % 135 104% and debentures 9^74- 100% 148 3 15 . 120'A 122 104 — debentures -98 Vb 98 Va 102% 104% 105% - 106 V4 106 92% .99 104% 103 141 126 , Jan-July General 4%s series D 1976— Jan-July Geneial mortgage 3'/aS series N 1990—Jan-July General mortgage 3'As series O 2000..—Jan-July General mortgage 274s series P 1982.—Jan-July General mortgage 2%s series Q 2010 Jun-July General mortgage 2'As series R 1961— Jan-July A Green Bay & West debentures cLfs A Feb Houston Lighting . 101% Ry Co- 4'As 94% 96'A 104 % 9974 87 — *138 Jan-July Mar-Sept 374s - 102% 96, 100 9574 *104% " June-Dec 3%s Corp 106% 9574y *• 88 101% — 47 *100'A '' May-Nov 176 ■'*' ' 88% — ; / • —* 104% • /' ' Ry Co 4%s. 1982—May-Nov 164 * 9774 *10374 107 I Illinois Bell Telephone 2%s series A First Illinois mortgage 3s series B Central Consol 1978— 1981— Jan-July. 97'A 97 102 % June-Dec 98 10274 RR— 102% *106 mortgage 4%s-3%s ser A 1979—May-Woo series B 1979_May-Woo 105% Consol mortgage 574s-3%s *105 107% 103 105% 14% Consol mortgage *102% 103'A 102 103 101 % Consol mortgage 101% 105% 107 Cons 102 102 - Avrll-Oct M&r-Sepi 4%s First mortgage 104%' 106% • r 10674 10674 -April-OCX 102 103% § AHarpen r 94 87% 8274 88 *100 " 80 72% n'. 94 88 *87'A ' — -- 40 ,99 *87% Hackensack ; 103 11074 Good 105 — 142 98'A 109 - debs 1979—l__Jan-July General Realty & Utilities Corp— A4s conv income debentures 1969. Mar-Sepi 102% -106 107 *10874 110 1974—Mar-Sep< Motors 96 Va 30 105'A 103 110'A 110% Jan-July first Denver debentures 100% 103 . 98% 105% 145 103 103 , 1961—__May-Nov Corp 374s debs 1976.— General Motors Acceptance Corp— 4s debentures 1958 ! A *97% 100 . debs Foods 17 ; 94 - 106 refunding 5s series A & debentures 103 % -*99 Va 100 128 % 3s 1972 debentures .1945—., 103 10574 1 0574 Jane-Dec Jan-July 39 95% 88% 99'A 94 *97 *104% 105 % 1959 Electric §7s 98% *126Va' „Jan-July Aprfl-Oct Jon-July Rubber §A6%s debentures 1940 9674 Cuba— page and Worth 5 *104 -June-Dec 1983 see A First '5 101% 102 .-May-Haw B For footnotes 75 99% Afay-Nov June-Dec - inc mortgage 99 Va 100 .Feb-Aug June-Dec debs (stpd as to payment dollars) 2D01Consumers.Power first mtge 27/s« 1975 . 95 91%" 97% >9174 104% 105V4 (Bait)— . V -c; & East Coast 10074 10074 Jan-July 1976 U 1981. 3%s debentures 1978. Consolidated Railroads of A3s ^Florida 101% 101% June-Dec debs 3%s debentures 105'A 35 72 ♦69 104% series G 2000—. Jan-July mortgage 3'As 1971—Mar-Sept First mortgage 57 96 104% 104%" 1984 1963- Si 1967 Consolidated. Natural Gas conv 100 97. Mar-Sept 1st Tef mtge s f 2%s ser X 1986 1st ref M 374s ser Y 1983. 3%s 9674 Afay-Nov 374 s ser H 1982. fat & Tel-M 3%s seiies I 1983. «- 91%,. *95 mtge 3s series E 1979_Jan-JuIy mtge 3s ser F 1981 Feb-fyug- Ist & ref Nt 3Vas ser G 103% York— mtge 274s ser A 1982-Mar-Sept mtge 274 s ser B 1977-Apri'Z-Oct First and refund mtge 2%s ser C l972_June-Dec First and refunding 3s series D 1972 May-Nov First 102% *95 refund First 103% Tire debentures First refund First 118% 117% 118 *70% — Mar-Sept 3%x debentures 1977 Gulf Anglo-Lautaro Nitrate * Firestone Gulf 102 June-Dec 1999 1999 debentures 2001 f 99% 95 Va 99 % 97 Va 95 109% 117% V.. ' 3'As mtge 12 ~ 100 100 12% 28 11 *100% *5 "96Vb s106% 106% 105% 3%s series C 1974.—May-Woo 37As series E 1982—.—Feb-Aug- mtge 3%s series F 1984.. ' j/t 153 Mar-Seof. 7,. General 5s series C May-Wop series 3s fund consol - 105'A Jan-JuZp Feb-Aug April-Ocf Feb-Aug, -■ - Ohio Division first Goodrich 105% 100 *__ April-Oct 1983 debentures f 96 104 — ' ■ 102 -95 June-Dec 1977 Ohio Edison mortgage First 93 104% 97 — *102 Va 1966'—June-Dec Toledo first external & Commonwealth First B C 374s mortgage Columbus 68 Va *105 % 108%. 1961—Apri/-Or» 1975 A ser First 98 141% Mtge inc 4%8 ser A Jan 2015——April First consol mortgage 3'As series E 1964.April-Oct First consol intge 3 '/as series F 1990—.Jan-July General Inc— 3s 33/as 79 62 \36 • Mar-Sept 4 »/2s 101V4 -"70 Va 108 103'/a 103 % *101 Va June-Dec gtd 87% 1017* 77 Va v. 103% Jan-July 86 *101 78 Vs- June-Dec First 9974 98 • Cleveland 1961 1983 Co— . 104% 104% Va & Georgia div first 5s 1956_May-Wo» Ei 111 (N Y)-first cons gold 5s 1995-Jai\-July Elgin Jollel, & Eastern Ry 3%s 1970 Mar-Sept El Paso & Southwestern first 5s 1965. April-Oct 5s stamped 19654 1 Aprii-Oct Railroad 102 9274i 97'A Edison Erie 4 99 Ry— — Refunding and Impi 4'As series E Wab & Mich 84 Va ' ' mortgage 96 *— Afay-Nov 1976-Afar-Sept May-Woo B ser Light Co- 274s 1977 274s 1979 104% 8 *94 '■= ,99% V 97% *99 Division 100 % East Term Fort 105% •98% June-Dec First 100 95 102 1 99 105 99 Jau-July 1966 Cleveland 95% '100 _Jau-July 1977 1961 8t Louis 99% 19 96 104 101 % 105%' 10774 10 104 v. 99 City Investing Co 4s debentures Cincinnati 1 100 *96% 101% : Feb-Aug City Ice & Fuel 2%s debentures Cleveland 10 10274 102% June-Dec 274s 1980 mortgage 3'As 1982 274s 106% 106%'. Jan-July debs f s 101% 101% June-Dec mortgage 374s I 99% May-ZVoo mortgage mortgage 9974 June-Dec 1982 1st 100% 103% 12 10274 - Terminal— Cities Service Co : 1958 RR 274s 2 99% 101 Va Feb-Aug 1st 95 ; General - . ser A 1982 May-No* mtge 274s 1975.ApriZ-Oct s 1st 274s 1985 1976— debentures debs 95 Jan-July 101%- 97 Va '-<• Co— mortgage gtd 374s series E 1969 mortgage 2%s series G 1974 First O mtge 474 mortgage First Indiana RR Gas & Elec subordinate 1st - 2.35s 102% June-Dec 1969— & Ironton 84% 82 99 98 98 1982—May-Sept —Mar-Sept & Chemical 84 79'A 102% 102% 89% ' . Second Duquesne 80 100% Ry— I994_jan-Jul3 Jan-July l«J63 Cincinnati 90 - debs conv K ser 91% v 274s series I debentures *96 —April Mack first lien gold 4s 1995 gold 4s 1995— Detroit Terminal & Tunnel 4%s 1961 65 V2 - 1 102'A . First mortgage 2Vis series G coll -trust refund 374s 3s 59%' 15 84% 7774 89 : fixed mtge 2%s ser J Dow 62% 72 95% 74% 10 — *99 Vb Jan-July (4%% ■ (3% ref Detroit To! 69 1993 A ref Detroit 124 63% 71%' 89% 91% - 2018.. & 85 V2 Va 80 r 1 v 103% 78% 91% Mar-Sepl fixed Lake— mortgage convertible 3%s 64 - 103 101% 1979-Jan-July ' 1963 1st (3% series interest and 90 V2 74 117 13 96'/2 —Jan-July A & 3s 99'A 80% ' • 99% 12 RR— contingent interest)' 1993 General 101 \ 1985 Detroit Edison 3s series H 1970 . 26 54% . mortgage Denver & Salt 1% ■Zi 78 Jan-July series F Chicago Si Western Income Income '2 56% ; Western contingent interest)' 103"/* 103 A ser mortgage and coll trust 27/bs mtge & coll trust 2%s 1980— 103 V2 12 89% 101 11 95% 84% 97% •5 MLJJ-Vlof & Gen ' 1 2042 *93% *75 *8074 97% 104% ' 1973—Afay-Not May Afay-Nov Power First mortgage series 126% Chicago Onion Station— mortgage trust 4-6s May 104% 97 . mtge & coll tr 4%s 1st • 57% series C 5s First 103 104 , 101% 102 103 __ ser B 1985 Afay-Nov Light 3s 1973——April-Oct First mortgage alid coll trust 3'/aS 1977_June-Dec 75 V2 117 Va *101% 101% - 1999—April M mlge & coll tr 5s Delaware 12 83 62 74 *10474 105% Co— Div due 1993 1st , 1st 102 April .1980 Si Southeastern First and refunding mtge 274s-4%s Income 274s-4%s 1994 First ' 90 86 9874 "! •75%- 7 5 Va 2019—April 2044 I First Chicago Terre . .51 Va •— *63 vb 99% Pennsylvania Division— 66% •- 124 88% —April April Jan 2003 April 4s 1956—_Jan-July ser refund Collateral 100 79% Western Ry— Second-mortgage 1st 82% 1983 1994 mortgage 4'/2s inc Chicago & North 100 A and & 15 . 9974. *84% Milwaukee St Paul & Pacific RR— First .General 7 RR Wetesrn Gen 124 Feb-Aug Western & Lackawanna & 100 % First *94% 83 Jaw-JoM* Lackawanna York contingent 105 74 99% 94% — Essex division 96% 103 "V- May-Nov i<>88 1 series A 2nd Chicago New mortgage 2 . 102% May-Nov Chicago Indianapolis & Louisville Ry— mortgage Delaware 98 _ Chicago & Erie 1st gold 5s 1982 Chicago Great. WesLern 4s ser A A 1st 69 & Alncome 173 99%-- 99 Va . 98 *93% — Morris 12 '105% 10574 Feb-Aug mortgage inc conv 5s 1997 mortgage 374s series B 1985 First %■: RR— AGeneral *•4Vis 105% 3'Ax 28'A *93% June-Dec 1965 1977 100% __ 110 27% 25 98% 1 *27 102% 103 Delaware *101 1985—Feb-Aug mortgage 2?«s 1970—Feb-Aup ret .. . debentures 1% 110 28 25% 102% 102 % Qiiincy RR— 1958.1. First and refunding mortgage First and refunding 1st & 107 97 A'.. 22% 25% ~1 27% Jan-July Hudson-4s extended 1963—Afay-Nov 3'/as 103% :46 102 110 20 28 27% 15 98% 85| 74% 102 Jan-July 4 21% *26% 100% 100% f ' 99% . 126% 126% •• 35% *94 *1007i 102% 98 32% ApriZ-Oct "98 8 • T; 53% *99% 1978 debentures 2%s '96 * 104 6 35 21% ' June-Dec June-Dec '92 ■: 98 28% 3474 Jan-July ..June-Dec High 100% 103 Va 91 June-Dec Co & 9474 1 *101 126% 1970 mortgage 3s-series A mortgage 3'As 1982 Denver & Rio. Grande Jan-Juiy Mar-Sept l996__May-Wo<> 30 June 1st - 10 Deere ' Feb-Aug 1992 4s 98 8574 ! 85% 5274 Chesapeake & Ohio Ry— General 10674 . 101% 10174 Feb-Aup 1908 B & AImp & equip 4s 1970 First ' 5274 1970— 6474 3 37 *82 V« 101 April-Oci 1974 —• 35 1 Dayton Power & Lt first mtge 2%s 1975—Aprll-Oct First mortgage 3s 1978 Jan-July 10774 '•97 1. ':?• , June-Dec 1970— B First 75 . V V.- d70 Jan-July 1974 8'/2s series A 374s Paper Jan-July May 2020 . Co— First and refund Champion J 2020 1 V.T 99% 103 '99% A ser 105% ~2 *9974 June-Dec 1 ^ 1 98 103 • ser 4s 106 % 10474 99% 10374 103% *97% Dayton Union Ry 3%s series B 1965— 653/a 97% , 4s ref 103 30 98% 65% 98 ref lien 104% : Low 103 — 108 106% *106 Georgia Ry— First mortgage 4s series A 1990 AGen mortgage 4'/2s series A Jan AGen mortgage 4'/2s series B Jan 11 Jan. 1 No. 95%'! 105% 105 »/« 98% Feo-Aug Aprll-ocf April-Ocf Corp 3'As, debentures I960 3%s debentures (1947 issue) 1900 J A Central Branch U P 1st gold 4s 1948 First 1 Mar-Sepl Celotex of 105 10574 y ' i lien & 10474 105 'A __June-J>ec 1965 :' " 10774 4104 % 105 'A Mar-Sept ser 12 / 96 '93% ^07% 107% ' Feb-Aug (perpetual) 4s 93% () 4 1 •107% 108 June-Dec 1956 Corp Central 10774 Jan-July 1955 4%s Clinchfield & Ohio 4s Central * April-Oct Carthage 4c Adirondack Ry 4s 1981 Case (J If Co 3%s debs 1978— 3Vis *9678 100 May-Wop 1902 Pacific Airlines Carolina June-Dec Ry— gold consol Capital 1978 3s gld 5s A Qugranteed gold 4%s Guaranteed first mortgage A 1st Power 10374 Ry— Alst Electric Range Sinee Sold 99 *103 va Cuba RR— 86 Bonds High — Northern 1st mortgage 4s A Thursday's *99 I~ (■ April-Oct Alst California or Bid & Asked Jan-July 1976 1977 Crucible Steel Co of Am 101 103 va 86 Week's Range Last" Sale Price Lnw 101 % 94% ' 88% 88 Jan-July Interest Period High 101 Crane April-Oct Thursday New York Stock Exchange No. 9874 v BONDS Jan. 1 — 9874 May-Nov 1955 5s Bush Terminal Buildings 5s gtd 1900 A 5s general mtge income 1982. High * Range Since Sold *102% Pittsburgh Ry— Stamped modified 4J/2S Bush Low I Jan-July Niagara Elec first mtge 2%s 1975_May-Nav Rochester Bonds Bid & Asked 1971 Buffalo Range Thursday's or Sale Price Buffalo R^NG$ FOR WEEK ENpED APRIL 1$ V Week's —Jan-July 105 104% 105 *102 10 j 28 Commercial and Financial Chronicle... The (1744) Monday, April 19, 1954 NEW YORK BOND RECORD RANGE Thursday Interest :>•; BONDS Period •few York Stuck Exchange WEEK FOR ENDED APRIL 8aie Price Thursday Bonds Thursday's or Bid & Asked Low Sold No. High New York Stock Jan. 1 Low Central Refunding Refunding Illinois RR Terminal §AIlseder Ry Steel Indianapolis Union 6s 1st Steel Co § A First series 6s series First, 5s series B A First gold International 3.65s Inter series 5s Minerals subord conv 3Vis Oil t s Power 75% 105 89% % 30 118.% 54 75% 556 68% '110% — 1st 1st 5s B 30 105% 106% 106% *71% 1972__May-Nov 1977_, A 104% 119% _ *.„ 111% 111'/a 75 & Central Power Jersey Clear & 1959—June-Dec 95% 2%s Light 1976—Mar-Sept *96% 18 97% 90% 92% Mich 1st rntge Kansas City Power & Light mortgage 2%s 1978 1st 1st AprfZ-Oct 23As *99 1976 963/4 90 99% N Kentucky Central, Kentucky & Indiana Stamped Plain rntge 1987 4s 4 Vis Terminal Kings County Elec Lt & Power 6s Co *52% 1st 3s mtge tAKreuger & Toll 5s 1997 92% 97 >4 93'/a 18 94% 100 % York 1959 Central 100 161% 2 99% 52 2% 168 Y Lehigh .April-Oct Coal Lehigh 16 85 & 1st & ref 5s stamped 3 Vis 197< A 92% -- 5s ref 1964.. stamped *61% 82 92% 87% 51% Lack Y Y 52 ~6 45 16 86 1st mortgage 4'/2s extended to 1974. Lehigh Valley RR gen consol rntge bdsSerres A Series B fixed 4s 4'/2s interest fixed .Jan-July A 4s series B 2043 West 4s B 83% .May-Nov 2003— 67% ...May-Nov 67% 75% 75% 25 68 75% Haven & series A Hartford & 64 J '■ . 68% 104% *95% 96% 90 V8 95 90% May 03 '83 ' ■' 63% 63% May 70% '—««*• .. Mav *77 -April-Oct : .April-Oct Little Miami general 4s series §ALombard Electric 7s 1962— series A 91 —— —w ,< •, _May-Nou 90% 10 84% ; 64% 97 94 86 86 1973 90 May-Nov 90 90% 10 84% 76% 79 ~4 82% 85% 69% *78% 102 84% 84% 67 67 67% 220 66% 56 54 7% 56 431 54% 63% 100% 100 A 99% 102% 4s ser Chester- 1954— A 1973 May-Nov *99 *101 Jan-July i«* 100/,, 102 % 6% 3% 94% 99% 65% 65% 3 102% 102% 10 Y State Y 4s 1955 Steam Electric Gas & 2%s 1977 Jan-July Jan-July Corp first 3 Vis 1963 Y Susquehanna & Western RR.— Term 1st cons & Y mtge 1994 4s mtge A ser *103% *106 3%s series G 1984 58% 60% 52 54% 97% 93% •"*" 103 — 10 102 102 Jan-July mortgage mortgage 2%s 1980 2%s 1980 3%s mortgage 91% 86 debs Gas Pacific lien — 123 123 5 116% 123 110 110 1 110 110 104% 104% 7 104% 104% May-Noo 106% 106% 17 106 108 —May-Noo 103% 103% 4 103% 105% 16 105% 113% '.''W— 102% 107% Aprll-Oct 1973 4%s *93% . 4s registered 1973— — Quar-Ja* — . 1997 102% . 112% 112% 113% 2047 1 —Quar-Feb 119 registered 2047 Quar-Feb Refunding & improve 4 Vis ser A 2047 Jan-July Refunding & improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047— Jan-July 103 Collateral 96 77 92% .. trust States Northern 4Vis 'i 1975 Mar-Sept 75% *71% 103% 71 122 76% 74'4 76% 3s 72% 91 *107% 108 .Quar-Jan lien 3s Jan General 97% 98% 106 104 13 104% Ry— 1997 4s — 104 mortgage 3Vis 1983 Natural 94% • __ 104 Central sinking fund debentures Prior 65% 115 102% 108 92% __ *98 % Feb-Aug 96 6 — 106 103% 98% 106 106% *97 % Jan-July April-Oct 1983 Western & Northern 69 76% 74 61 78 5 > 97% *97 105% 4 59 53% Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July mtge 68 101% 9 78% 78% 59 53% Jan-July Jan-July 1982 series D 2%s 62 6% *93 Jan-July Jan-July 2004 4 Vis series A 2019 mortgage Telephone Northern 87 66 .. va A 2007—Jan-July Port Ry first gold 4s 1996—April-Oct general & ref 5s 1974 Mar-Sept General & refunding 4%s series A 1974_Mar-Sept 59% 5 79 90% RR— 103 70% 92 *89% 5 General 73% 22 95% 96 & Power Northern 67 __ *118% *100 1952— .June-Dec 87% 61% 100 99 % '' .May-Nov i\ inc 4Vis series A 2022—May mtge conv & *100 May-Nov refunding mtge River General 80% 11 59 16 62 *98 —Jan -July A 1973 mortgage 4s mtge 4 %s series 35/8s 2003—. interest 22 62'4 *57% May-Nov . 2043 General 92 86% ,87 — 60 98% 55 92 63% 57% Jan-July series & New gold 3%s 2000— 4s series Norfolk 92 74 58% 60% 62% 62% 71 7 98 % 65 91 1974 Valley Harbor Term Ry— mortgage 5s extended to 1984 Lehigh Valley Railway Co (N Y)— *57% 3 Z Niagara Mohawk Power Corp— Lehigh 1st 62 1% 93 59% 3 79% 32 73 61% Ref 84% 63 74% 73 61% 5% Valley Coal Co— 1st 76 Feb-Aug Feb-Aug 12 88'/a „ 85 75 .Jan-July gold 3%s 1998 1998. General Navigation <fe 0 — 75 68 % 38 —— Jvvp-Den Jan-Julf 1997 collateral Harlem & 1st Lakefront Dock & RR Terminal— .... 82% 62% 6% N - 74% 75% 3% • 88 67% 86 6% 3% 88 217 3% 102% 3 _June-Deo 72 80% 6«% June-Dec N 6 102 .June-Dec 117 71% 7y% York AGeneral 1st rntge sink fund 8% ser A 1968. Lake Shore & Mich South gold 3 Vis 199' 3 Vis registered 1997 67% 71% 79% River RR— ——. N 168 2% 67% Light first mtge 23/4g 1975—Mar-Sept NY & Putnam first consol gtd 4s 1993 Aprll-Oct 102 2% Feb-Aug April-Ocf Aprll-Oct 1998— A Chicago & St Louis— Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct Y Connecting RR 2%s series B 1975—_April-Oct N Y 167 102 series mortgage 3Vis registered 1997 Shore N Mar-Sept 4s Central & Hudson 1st 53 98% Co— RR tAN Y Ontario & West ref 4s June 1992—Mar-Sept 99% 51% 97% 19 First *99%,— Aprll-Oct April-Ocf 1964 certificates 55 94% 97% AGeneral *99 Jan-July 1961—! 102% 99 100 99% 98 96% First *106 Jan-July —Jan-July ——— unguaranteed Koppers *99 100 % 94% 33 98 106% 100% 3 102% 102% 102% Jan-July 1961—Jan-July 1961 1961 4Vis 1st 103% — 100% y. 96% AGeneral r*1' *96% —- 98% Harlem mortgage '105% 106 ■' 98 Feb-Auy Mortgage Mortgage 98 94% 100 — 97 April-Oct registered Michigan Cent collateral gold 3%s 1998__Feb-Aug 3%s registered 1998 Feb-Aug June-Dec 2%s 1980 June-Dec Kansas City Southern Ry 4s ser A 1975—-April-Oct 1st mortgage 3%s series B 1968 June-Dec Kansas City Terminal Ry 23/4S 1974.' April-Ocf *100% 97 1954 3%s 102% 84 *90 Jun-Dec 1990 4s — 85 97 1956 4%s & 103% 103% 103% — High A 3Vis N Kanawha 103% . D New 96% 5 81% — — . series Lake 100 4s 1st 96% • series General N Franklin Low Z—. '85 — 4%s • N Jamestown 1956 C Jan. 1 No. 5%s N Y 106% . .—April-Oct ————Feb-Auy Refunding & impt 4%s series A 2013 Refunding & impt 5s series C 2013 102% *„ series Consolidated 97 100 — Jan-July Jan-July 1978. 5s New 81 % 100 1977 1954 B series Range Sinoa Sold AFirst 103% 70% 72 *102 % Mar-Sept mortgage 3s 1980 33As 5s Corp— Jan-Julf 1983 A 3%s Terminal Mar-Sept Jan-July May-No« Bonds High AFirst 97% 3 111% 111% 5s Nor 1974 3s Lignt ■ 110 61 Thursday's Bid A Asked Orleans Texas & Mexico Ry— AFirst 92 102% & Great Orleans TNeW Co— series mortgage Power Orleans New 94 135% Co— 1st Jersey New 101% 118 Jan -July 1977 Line debentures Interstate 118% — Chemical & debs Pipe 104% 127 92 — 110 '103 _April-Oct —Jan-July 1952 July 1956 Rys Central America Interstate 49 103 RR— — C 109 . —-Jan-July A 1956 109 Mar-Sept 1952.. A 6s 2 94 127% 127% '91% 1986—Junc-De0 Mar-Sept 1982 Northern Great § A Adjustment A debs mortgage 3.20s series I ^International 127% or Jersey Junction RR gtd first 4s 1086—Feb-Aug AFirst series C 1972 2V28 3Vis 94 Feb-Auy ... 3 104% 104% Joo-Jtei* 1970 A 1948 102% Co— Ry Refunding and imp Inland serfes 4s Corp 3 102% 102% Week's Range Last f«I« Prioo Low New May-Nop —May-Nov Period Exchange High (Continued)— 1955 1955 4s 5s Interest BONDS Range Sine* New Illinois 16 Week's Range Last - 76% 67 % 74 24 98% 104 16 103'4 104 103% 104% 104% 105% 104% 104% 105% 12 104% 105% 104'/« 104% 104% 84 103% 106% 93% 98% 11 ,93% 105% Co— Power ■ .June-Dec • • —--»/• " 104 % 104% ■ debentures & Nashville 98 % .April-Oct : *104% 1st mtge 3'/8s 105 104 »/a *91 * 2%s 1979. -May-Nou mtge 1982 91% 90% 100 94% 98 Ohio 103% '50 '96 1%s i* f s .1 & Corp M.i.r • first Mic mortgage 23,4S Bell :an Mich, 3 Vis first .1 First 1973 '104% ' '99 3'/8S 100 1969 104% St Paul Sauite & * 99 Prior lien 40-ye^r Prior .ien ACum 5s series series 4s 4 A 1962 B Vis series D adjustment 5s fMissouii A First Pacific and AGeneral lAFn-st RR Jan-July jan-July 1962— 1978 ser A ——Ljan-July Jan 4s 1965 1975 Feb-Aug 112% Mar-Sent r 98% and refunding 5s series F 1977—Mar-Sept AFirst and refunding 5s series G 1978—May-Woo IA Convertible gold 5 Vis series A 1949™Mav-Nov AFirst and AFirst and Mohawk & Monongahela Morreli Morris Ry (Johni & gtd 4s 1991 3%s & series B Mar-Sept 1958 3Vis 2000 — Construction mortgage 5s series A 1955—May-Mop Construction mtge 4l/2s series B 1955 Mountain 3 Vis States Tel & Tel 2%s, 1986 1978 First Chattanooga mortgage National Dairy 3s Products refunding refunding refunding refunding refunding refunding refunding refunding 3s series M 1979 June-Dec 100% 101'4 11 96% 102% 3s series N 1977 June-Dec 101% 101% 2 96% 102% First 100% 102% debs First Natl Steel Com 3 Vis Supply 23/4s debentures Naugatuck RR first gold 4s 1954 England Tel First 3s debentures 3s debentures New Tel & guaranteed series 103% 94'4 96% 10 89% 42 75 85% 112% 32 104 % 104% 104% 45 61% W-- . ' ' MarjSl; 1988—Z_Z_Jan-JuIy 93% 113 113- 101% 93% • «... ■ — 5 — 63% 97 108% 109 *101% Western & Oil Illinois f gold s 3%s RR— Consolidated sinking 5s « series series fund 4Vis April-Oct General 4 101% General 88% 103 % 105 99% . 104% 104% 106% 106% 108 — 10 99 — *lou 100% 97% , 90% 99% 93 ' « — 100% 101 >76 96 101% Vis series D 108 108 8 102% 104 115 100% 105% 106 7% 106% 107% 25 105% 109% 1981 94% 99% Jan-JuZy Jan-July mortgage 3Vis series F 1985 Gas Light & Coke Co— Peoples 106% 109% 94% 22 91% 93 V2 80 93 % 93% 36 92 99% 78% 80 10 77% 86% 11 103% 104% . First & ref mtge Eastern & Pere Marquette Ry Philadelphia 103% General 5s General gold 101% Philadelphia 100 104 ser H 1981 June-Dec 4s external 1960 April-Oct 1990 April 3%s series D 1980—_Mar-Sept Baltimore 104% First 3%s 104% first Alncome 4s April 101% 109 101% 102% General 99 106 *96% Feb-Auy mortgage 4 Vis series E 1984 93% 97% 98% 100% 98% 6 —April-Oct 102 % 98% 7 10 June-Dec 1968 101% 100 A 99% June-Dec 1960 1965 A B 100% 95%' 94% Pennsylvania 98% 101 -■ 96% ' ' __ -*99% " .Urn*-r>®< 1975 102 92% .Jan-Jwlv I960.April-Oct 1960 Light 3s 101% 10 103% 106% June-Dec 1955 3%s 1 64 103% *105% 108 ' 1964 4%s Airlines Sand series B & Wash 1974 4Vis series C Electric 1977 Co— & 97% 101% 98% 102 1st & ref mtge 99% 103% 1st & ref mtge 3Vis 3%s RR 103% 104% *94 % 58 55'4 95% 58 - 53 95% 101 101% 13 *108 101% 90 27 112% __ 95% 59 101% Co— Feb-Aug Jan-JuZy 105% 105% 105% 7 109 102% 112% 106 % v- refunding 2%s 1971 First & refunding 2%s 1967 First & refunding 2%s 1974 First & refunding 2%s 1981 First & refunding 2%s 1978 First & refunding 3 Vis 1982 *101% 102% __ 98% 106% 106 ' 95% 103 Mar-Nov 2 3%s debentures *104% __ 95% 100 % 102% ' 101% 102 *97% Mar-Sept 1st Glass 100% 9 1981 1984 Pennsylvania-Central 100'/8 — 95% Aprll-Oct 1987 debentures debentures 4%s 6 — 1986 102 101% 96% 5 102% 102 % General 102% 102% *9912 __ June-Dec 99 103 96 8 103% 104% General 98 1 June-Dec 1985 104% 9,J 87 ... 1984 102V4 63% 6 103 series W 2%s debentures 97 94% 98% ' 100% Mar-Sept 60% 4 101% *105% 105% 1984 *99 Mar-Sept Peoria '99% 103 % June-Der V Pennsylvania Power & 67% / 93% 104% 104% Aprll-Oct 99 25 1985_June-Dec 1978 Pennsylvania ' 100% 101 103 A 5 „ 100% 100 % mtge 3%s ser U 92% 13 • __ 1983 Paducah 104% 2 62% 98% debentures Pacific 92% 104% 196 * 96% 98% *103 debentures 3 V2 s 113 79% __ 98 % debentures 4s 113 23 67 % June-Dec June-Deo 3s series S 1983 —June-Dec 2%s series T 1976 June-Dec 3Vis debentures 96% June-Dec 1980 3 Vis 104% 143 112% M 1981 1982 series & Tel series P 2%s series Q 3'As 112% 91% 969 87% 4s 2%s 3 Vis series R 3 Vis 534 98 % '97% ' Mav-Nov —ZZZZ page 29. — 2%s M ref & Pacific Tel 93% 81% ref & 1st 92% *101 May-Nov " 1961. ~~ADrii-rw 1974 Jersey Bell Telephone 3 Vis see — May-Nov _ B — Zjune-Deo 1967 Co— 4 Vis 1982 For footnotes - 1974—ZAprfZ-Oct 1982 National New 93% June-Dec " 1st & & 100% 100 June-Dec DistiHers Products 3'/8s debs National & First 1 93% — 1970-June-Dec debentures 1970 3 Vbs debentures 1976 & 22 96% . 23/4S 102% First & 96 3% 1 3s 99 1st & St Louis— Feb-Aug 33 103% 106% A 1986 102'/a 102% „ June-Dec 97% *101 — May-Nov B 101 June-Dec refunding 3s series L 1974 90 4—April-Oct series 101 1966 & N Nashville 103 102% 17 *101% 102% — May-Moo debentures 99% 96% .98% —June-Dec *103 % 99% & *99% Co— 14 & *66% __ May-Nov Electric 16 & 111% 112% 1966__„__Feb-Aug Co 3s debentures Essex first gtd & 101% 101% First 111 102% 102% 102% First 111% 112% 112 101 101% 56 95% 100 112 15 102% 102% 10214 87 82% 102% June-Dec June-Dec 49% 3 111 % 112 >4 87 _May-Nov refunding 3Vis series I 80 112 gold 5s H 1980 April-Oct refunding 5s series I 1981—_Feb-Aug Malone first Gas First 111% refund 97% June-Dec 1980 & 77 111 97 93% 98 First 81 81% 2%s *37% Feb-Aug 101 92% 1967—-April-Oct A 1975 & 100% Co— refunding 5s series 2%s First 101 — 54 96% — 99% 97 & 102% 102% 102% 102% 95 104% „ 85% 96% May-Nov refunding 3s series J 1970 refunding 3s series K 1971 102% 49% 96% 98 6 99% 97% 101 85% Missouri-Kansas-Texas RR— 1980 °2 % 1"°% *— First • 49% 1975 Electric & mortgage Fihst t mortgage 4>/2s inc series A Jan 1971 May AGeneral morlgage 4s inc ser A Jan 1991— May Kansas & Texas first 4s 1990—_June-Dec Gas 3 Mar-Sept April-Oct mortgage 3s 1974 First morlgage 3%s 1982 Mar-Sept Oregon-Washington RR 3s series A I960—Aprll-Oct ' Missouri first 103% 95 '95% 98% 1984—June-Dec 99% 100 % 100% '102'/8 104 % 91 First Mar-Sept St Marie— 103% — 10414 94% 104% 105 ZZ 2%s "7 103% 103% 99% 97% 93 April-Oct Mar-S^of mortgage 3s 1979 Pacific 100 Telephone 98% 95!/, 101 __ *102 mortgage 3%s 1969 Mar-Sept 3%s sinking fund debentures 1967——Jan-JuLy Minnesota Mining & Mfg 2%s 1967— April-Oct 1 84% 923/4 Feb-Aue Co First Mirr 80% 60 *95 1980 2%s 81% *96% June-Dec 1977 1979 3s mortgage 2%s First 95% 102% June-Dec 14)74—May-Nou ■ mortgage 953/4 Mar-Sept 1966 mtge 2%s 1988—April-Oct Central RR 4lis series C 1979—Jan-July Cons Gas first mtge 3 lis 1969—Mar-Sept dn Mien. 4 debs Telephone 81% Jan-July Feb-Aug mortgage 3s Edison 1972 1978 Rabbins olitan 1 .•• debentures debentures "esson Iv.; 2%s *98 1932 mortgage 2%s mortgage 2%s First May Stores Edison First First . M (R H) & Co. 2%s debentures 1972 May-Nov Manati Sugar 4s sinking fund Feb 1 1957—May-Noo Manila RR (Southern Lines) 4s 1959 May-Nov Feb-Auy • 1 Oklahoma Macy 1979 99 98% 98 9814 o ' ——■ Bell April-Ocf Jan-July 2%s first *97 _Feb-Aug 1974 1975 1978 94 97% 101 103% 3s mortgage Northwestern ' u mortgage 3%s 2%s 102 95% ..fVb-Ausr mortgage First 105 88 101% —— mortgage (Wisconsin) 102% 82% 2%s mortgage mortgage First - 5 *101% 101% — — ..Feb-Aug Dept first First First 15 90% *105% 106 ■ -May-Nov 1st 89% __ .Mar-Sept Elec & 100 103% (Minnesota) 101% 96% — 101% 101% __ April-Oct Gas 98 98% RR-— .April-Oct .ApriZ-Oct Louisville 103% *101% Mar-Sept 1976 3%s debentures 1978— Louisville 1 5 First .April-Oct 3s June-Dec 99 May-Nop 100 May-Noo June-Dec Feb-Aug Jan-July 1983_„ May-Not 1983 June-Dee 99%' 100 99% 99%' 97 % 98 *__ 5 96 100% 9 98% 101% 10 95% 5 97% 100 103% 103% 11 107 10 107 *103% 104% 94 103% 99% 98 100 105 106% 108 104 104% u-' Number 5317 179 Volume < wt" wf vX*1 j«'i "v '*h..;to. 1i^ r ,>t *.' r i ftr -« j» * • • t ; v v Hf- n r, . u,, _, ,v ,, t The Commercial and Financial Chronicle ... (1745) 25 NEW YORK BOND RECORD RANGE Thursday BONDS New York Stock Interest Exchange V Period Last Range Thursday's or Sale Prioe 3.70s deb conv 2%s debentures 1964 Feb-Aug 1983 Interest New York Stock Exchange Period Low) 5s series A 1970 98% 102% 220 107% 113% Sunray 100 103 Va Swift & 99 93% 102 5s series B 1975——April-Oct General mortgage 3%s series E 1975 April-Oct Plttsb Coke & Chem 1st mtge 3%s 107 .107 107 107 *86% 1964___May-Wnr 105% 96% 85 Va 8 2 Plantation Feb-Aug *106 Potomac Elec Puwer 1st mtge 3Vis First mortgage 3s 1983 First mortgage 27/as 1984 Providence Terminal 4s 1856 101 y4 *— Jan-July Mar-Sept and 21 and refund RR of Reynolds Tobacco (R J) 'series 3s D mtge § A Direct mtge 6s SAConsol mtge 6s AConsol 7s debs mtge Rochester Gas 1950 1973 1st 105% 135% mtge Union 3%s 2%s,debs debs (subord) 1972 3'/8S conv Union 100% 6s & 1955— Electric 102% 1UU% Pacific 105% 100% 100% 86% 5 87 . 17 debentures Gas 100% '133 ..117 116 97% .133 -117 117 87 10 Bt Lawrence <fc 131 116 130 Second Bt gold 1st gold 117'/a 130 98% 101 Mar-Sepl 1996 6s *96'% 76 % Jun-July mtge Inc 4%s series A Jan 2022May Bt Louis-South western Ry— > 104% ASecond First bond 4s certificates 1989 Paul Bcioto Scott Union V & Depot New Paper 3s 3]/es England 1st gtd debs conv 1971 B 104'/8 104'% 88 'A 88 4s 88'/4 3s debentures 79 83 100 Va 32 Virginian Service Shell Pipe Line Union § a Siemens June-Dec 3.20s 1 s debs Oil 2% s debentures & Halske 6%s Sinclair Oil Corp 3Vis conv Oil debentures 2Vi.s Socony-Vacimm Oil 2%s 104 97% April-Oct 123'/a *66 '% 1983 106% Jan-July 1965 June-Dec South & North Ala RR gtd 5s 1963 92% 258 106% 101 Va 91% *107% 118 April-Ocl 96 % 112 2%s debentures 1987 Indiana Southern Natural Southern Pacific First 4%s Gold 4 Gold 4%s %s Gas Co 1994_—it 4%s conv *96 '% Western 1973_Jwne-Dec 114% 114 Mar-Sept 105% 105 105 104% 92 % May-Nov mtge 3%s ser A '75—June-Dec g A 1st 97 % *97% 91% 1996— F *97 % Memphis Div first gold 5s 1996 New Orleans & Joint 3-lis Southwestern 3!%s Bell Tel Standard Coil Standard Oil biauaura 2Vis On 2%s 103 106 102% 105 3/8 ^Wisconsin Wilson Products (Indiana) in ji debentures 3%:s series debs gold 1985 5s 4%s conv 3Vis 1967 2%a 1967 D 101 10 94 99'% 100 1053% 100% 101% 105'% 105 105 103 102 99 86 % 31 103% 103 Central 84 % 93 lASupertor & Duluth 1st 79% 88% ACcrtificates Wisconsin 97% First 48 101% 103% 7 105% 16 106% 98 72 68 104'% 18 109% 55'% 58 105% 103% 102Vi 103 107 11 104% 63% 27 60'% 64 % 61 13 59'% 63'A 27 102'A 104% 4 104'% 106'A 103 105 — 39 104'% 104% 104% 98'% 94 — 99 94'% 16 99 *97'% 99 ( 97% 115 — : 101 7 96% 14 102 98'% 102 51 95'% 102'% 9 100% 102V2 103 103 *103 — 123 120 — — 101% 102 . 101 % 102 100% 102% 101 101'% 102'% May-No® 14 120% 120 — __ 101% • i? -ji.. 92% 80'% 92% 2%s June-Dec 1976 82 80% 92% 76 1 81% 79 7 97'% 89 89 90'% 97'% *— — 82'% 80% — — May-Nov 1936 4s deposit Power 81% — deposit of Electric 81V4 61 95 Mar-Sept mortgage 2%s 1979 108 111 82 95'% 106% 107% 108 — Jan-July 3 106% 106% 82 77% Ry— 15 94% 78 104 104 105 105 *96% 105 April-Oct Jan-July 5 A First general 4s 1949 102% 103 *110% 122 „ 130 *100% 103% 96% Wisconsin 96% 96% 17 92% 70 100% *66% June-Dec 71% 96% 97% 97'% 110 6 87% 97% 89 102% 95 21 91 99% Jan-July not 72 94% 99% 18 95% in & 1971 not 103% 100 103'% 103% — 95% 1978_Jan-JuIy d Ex-interest, e Odd-lot sale not Under-the-rule sale not included In the year's range, r Cash sale year's range, n the year's range, In Jan-July Power 2%a delivery sale the included 3'As included in y the year's range, Ex-coupon. impaired by maturity. fCompanies reported as being in bankruptcy, receivership, or reorganized under Section the Bankruptcy Act. or securities assumed bv such companies. ^Negotiability 110 95% r Deferred included 98 103% 69% 109% 110 95 1971—Afay-No* a Public Service Electric Light Yonkers _J 109% 109% AnrP 1982—_April-Ocf conv debentures 1974 96 Va 98 Va 1007% 71% 62% 60'% — Jan-July Mar-Sept Mar-Sept Jan-July 1992 1970 mortgage 3'As series debentures 1965 96% 106% April-Oct 2013— C & Co 96'/a 107% May-Nov first 96 105'A 105% 105% 62% 60% Mar-Sepf 1953 A 75 47 Jan-July 1983 ser first mortgage 3s 1958 Winston-Salem S B first 4s 1960 First 129% 130 May-Nov debentures 6s 106% Northeastern RR— 1977 ASpokane Internatl mortgagee 115 102% Devcl and general 4s series A 1956 April-Oct Devel and general 6s series A 1956—__April-Oct Devel and general 6%s series A -1956—.April-Oct 94 % 91 *102 — .lnn-JvIv 1971 103% 130 — — Mar-Sept 1980 A 109 99 9t 106'% ■ 90 May-Nov I960 5s 51 88 series 105 Co— Wheeling & Lake Erie RR 2%s A 91% 88 Jan-July ..Jan-July First mortgage 2Vis series G 1961 Jan-July Southern Ry first consol gold 5s 1994—Jan-July 2%s Telegraph A Certificates of First mortgage 27%s series E 1986 First — 2361 Wheeling Steel — 97% 105 Vi'- 104 109'A 109% *57.% 59 *87% — 103% 103'% — 1966 series I guaranteed 99 '% Southern Pacific RR Co— mortgage Union 4s 71% 105% 105 Vi ~96% 96 71'/2 __ May-Nov 135 114% — reb-iiuy 1974 108 104% 105 _May-Nov 1st first debentures series 3%s 1969 1981- San Fran Term 3%s 98% 105% 106 1977- A 105 103% Westphalia United Elec Power Corp— 102% Co— (Oregon Lines) 104'% *82y2 88% 81 81 *98% 101'A — April-Oct 1979 70 71 1 4 " *101 *104% 105 *106% 115 *103% 97 % 98V2 *— 103% — April Feb-Aug 3%s 1967—Jan-July 3s guaranteed 38 „ 70% — April 1991 gtd gold 34/2S 2000 Power 3%s 30-year 118 87% 96% *101% Jan-July Jan-July ^ 2%s Ry first ref Shore 4%s 101% 101% 100 y4 — — 97% ia7B— 3'4s W'estinghou.se Electric Corp 2%s 101% — Jan-July Jan-July 4s registered 2361 Jan-July Western Maryland Ry 1st 4s ser A 1969 April-Oct 1st mtge 4%s series B 1976 Mav-Vor Western Pacific RR Co 3%s ser A l£81__Jan-July 58 86% 11 96 — Feb-Nov 1981 Corp 3%s conv 1966 Electric Penn West 98'/a 95% 106!% 97% 99 — 1973—April-Oct 1971 debentures conv RR West Penn 125 50 Co 3'As series B General mortgage 98 125 68 — — . May-Nov 1995 B Westchester Lighting gen mtge 104 % 93 — 91% 104% 2 98 — Washington Terminal 2%s series A 1970 97% 97 100% 7 105% 106 % 95% Southern Bell Telephone & Telegraph Co— 3s debentures J979_ Jan-July 2%s debentures 1985 —Feb-Auy Southern 98 *101 4s income series A Jan Petroleum West 15 86% 5 105 . 105% *94Vh 94% *94% 96 *97% 99 . 100% 30 Co— Warren 100 91% *101 Jan-July 1976— RR Warren 153% 100 97% *131% 1941—Feb-Awo 7s 10 104 97% ..Mar-Sept trust 3s series First' mortgage 95% *96% 100 April-Oct 1951 15ASlleslan-Amer Corn coll Skelly 1982 1971 Ry Walworth 97% 113'% 95 w Wabash *112 98% — " mtge Income 4'As series B Jan 97 y4 104 Va 20 — — Gen *95 — 105% mtge 3s series F 1978—Mar-Sept 94 y2 95 Va *100% 103 y4 100 233 99% 104% 104% 105 105Vi *104% — —• refund mtge 2%s ser G 1979—June-Dec and ref mtge 2%s ser H 1980 Mar-Sepl 100 June-Dec 105 96'A 102 100 41 *102 V2 noi mtge 151'% 98% 98'A 4 100 — Gen 150 1 96% 101'% 104% 86 V4 — 107 99% 99% 1955—Feb-Aug A 109 *99 '% Mar-Sept 1974 gtd 4s series 101% May-Nov 1 18 Va 94'A • *97% — —. ; 99% 100 — - 1st mortgage & refund 3%s.ser I 1981__June-Dec 1st & ref mtge 3%s ser J 1982 April-Oct Virginia & Southwest first gtd 5s "2003 Jan-July First consolidated 5s 1958 April-Oct C 1st mtge 3s peries B 1980 37/8s s f debentures 1977 consol 118 i5oy8 67'A -9GVa - 103% 91 91% 104% 104% — First and Seaboard' Air Line RR Co— Seagram, (Jos El & Sons 2%s 1966— RR *100 Mar-Sept 95 99 — *108'/2 111 1989—May-No® 1977 20 91% April-Oct May-Nov 107 April-Oct 157/a — April-Oct 1959—Mar-Sept debentures First lien and ref mtge 3%s ser C .117% 117% May -Nov Second 4s inc bond certificates Nov 1989_Jan-July Bt Paul & Dulutli first cons gold 4s 1968 June-Dec St 71 80'/a *82 Francisco Ry Co— mortgage 4s series A 1997 v — sinking iund series B 1957 May-Nov Virginia Electric & Power Co— First and refund mtge 2%s scr E 1975—Mar-Sept 96 Va 95 76 '/2 Louis-San 1st 54% 168 Consol First and refund *101% 102 % 1996 .Jan-July —April-Oct 5s 97% 137 V Vandalla Mar-Sept 1971— A Adirond'k 105% 95 99% 99% 112% 113% . 113% Jan-July Jan-July Feb-Aug Apr-Oct 1967 3%s Pictures 133 117 4 117 '% 118 133 1 6 117 Va Corp— series 101% 104'% — Mar-Sept 1977 & debentures Universal *99% *98Vi — April-Oct 1966 f debs 1972 s First 3s 2%s Corp 2%s mtge 2%s 101 '/a 9 Baguenay Power America Co of 1970 coll trust 3%s 1971 1st mtge & coll trust 3'/2s 1972 3%s sinking fund debentures 1973 1st 97% 81% lOOVi 10 Hz 117 Mar-Sept 125% 106% 106V# *97% — — 1P76 U S Rubber 2%s debentures 1976— 133 General mortgage 4%s series D 1977_. General mortgage 3 Vis series J 1969 101 RR— debentures 2%s 105 *104'/4 105 117 '% 99% 122 15 — Feb-Aug Refunding mortgage 2%s series C 1991—Mar-Sept Union Tank Car 4%s s f debs 1973 April-Oct May-Nov . 1970 102% —May -Nov 1952 1953.^ 94 92 1 — June-Deo May-Nov June-Deo May-Nov 1980— 1982 California Oil of 215 * 99 Va 104% 7 64% 67 Vi 18% 17% *97Va 100 *97% — — May-Nov 97 ►103V2 104 April-Oc/ 87 A 21V* May-Nov 100 87 119% 94% *99% 101 — 2%s 1975—April-Oct 1968 200 ——Feb-Aup ApriZ-Oct — — 1960 101 % 1995„May-Nov — June-Dee 1974 101 •^Rhine-Westphalia Elec Power Corp— S A Direct ser 218 Jan-July 111 101'A 17 *100% __ 99% 100% 125 % 125 Va 105Vi 105'A — 100 June-Deo E 1985— Jan-July 3%s Jan 5s 1st mtge & coll tr 2%s 103 103 131 4%s ref 3%s income debentures 3%s & 1970—April-Oot 1990—April-Oct C '99 II — Pacific— Orleans New 119 % 119'/a *99% 100% 103'% 103% — 103% u United Reading Co first 3%s M Pacific-Missouri United Biscuit 1964 3Vis series B 3%s series gold 5s 2000 *207 Jwne-Dep Quaker Oats 2%s debentures M first First mortgage and coll trust 100 y, 100% 106 *134 refunding mortgage 3 %s 1983—April-Oct 97 100 % 100Va •• . Union Electric Co of Missouri 3%s 1971 100 y8 102% 102% *105 1979-June-Deo * 1972 Pacific 99'/a Vi — 1972—May-Nov First and refunding mortgage 2%s Jan-July April-Ocl May-Nov Jan-July April-Oct Tol & Ohio Cent ref and impt 3%s I960—June-Deo Trl-Contineutal Corp 2%s debs 1961 Mar-Sept 3s 102'/a High 94'/a — *100% 101 __ tAThird Ave Ry first refunding 4s 1960 96 98 99 *99% May-No® Low 104 y2 *— First and retunding mortgage 3'/4s 1968—Jan-July refunding mortgage 5s 2037 Jan-July First and reiunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1st refund M Texas 106% 95 *99 II First and •I%s debentures refund and AAdjustment 97% RR— 3 and General 103 106% Orleans New First „ *95 May-Nov Public Service Electric & Gas Co— 3s debentures 1963 & 2019 3s debentures 1965 First II Mar-Sepl Feb-Aug 1977 107 *105% June-Deo Pipe Line 2%s 1970 impt 2%s series D 1985 Term June-Deo Jan. 1 No. St Louis— Assn of and Texas & Pittsburgh Youngstown & Ashtabula Ry— First general 5s series B 1962 First general 5s series C 1974 First general 4%s series D 1977 *96% __ May-Not impt M 4s series O Texas 88 101% 1972 Refund 100% 99% 102% 102% Jan-July Jan-July 1973 and Texas Corp 108% 101'% 101% _I Range Sine* Sold Mar-Sept 1966 Refund 107% 105% ~1 100 Terminal RR 108% 16 : Bonds High T 4 1 87 100 Pittsburgh Consolidation Coal 3%s 1965—Jan-Julg Pittsburgh Plate Glass 3s debs 1967 -Aprii-Oct 109 108 % — 106 102% debentures 2%s debentures 103 102% 108 '% 108 y4 Co 1973 debentures 27/as Corp debs 3%s Chemical Oil 2%s 97 108% *102% 104 *108% Range I'nursday's Bid & Asked Low Stauffer *103 June-Deo or High 10 Pittsburgh Cine Chicago & St Louis RR— .General mortgage General mortgage Week's Last Sale Prioe ' No. High *97 1963—Feb-Aug 1964-May-Nov J BONDS Jan. 1 *103 Consolidated guaranteed 4s ser G 1957 May-Nov Consolidated guaranteed 4s ser H I960—_Feb-Aug Consolidated guaranteed 4%s ser I Hi Range Since Sold 113 % 113% 113 >/4 Plilsbury Mills, Inc 3 Vis a t debs 1972——June-Dec Plttsbgh Bessemer & Lake Erie 27/as 1996—June-Deo Pittsburgh Cincinnati Chic & St. Louis Ry— ser APRIL 101% 101% June-Deo Consolidated guaranteed 4%s ENDED Thursday Bonds Bid & Asked Low Phillips Petroleum WEEK FOR Week's and asked prices; Thursday's bid 100% ABonds selling 110 sales being 77 0! transacted during current week. fiat. AMERICAN STOCK EXCHANGE WEEKLY In the following extensive list furnish comnlete AND YEARLY RECORD Stock Exchange for the week beginning Monday, April 12, 1954 and ending Thursday, April 15, 1954 (Friday April 16 being Good Friday and a Holiday on the Exchange). It is compiled from a report of the American Stock Exchange itself and is intended to include every security whether stock or bond in which any dealings have occurred during the year^ we a reoort of the RANGE transactions FOR WEEK ENDED American the on APRIL I 1 16 _____ Thursday STOCKS Last - American Stock Exchange Sale Price Par ACF-Brill Motors warrant* Acme Aluminum Alloys Acme Wire Co common Supply Manufacturing Aeroquip Corporation Agnew Surpass Shoe Stores Ainsworth Manufacturing common Air Associates Inc (N J) see 1 1 Aero For footnotes ; page 33. Range Shares — ' Low h 2,300 3% 3% 400 3 Va Mar 23% 28% 50 — 2% __ 27 Mar ■?« Jan 12 23% Apr Ajax Alabama 3 1.600 2% Jan 3 Feb 2% 3 1.800 23% Mar 3 Mar 6 6'% 2,400 5% Mar 8 9% 9% 10% 2,800 7% 1 9 8'% 9 VA 1,500 1 1 Alrfleets Inc 6 1 3 Apr 6% Mar • Petroleums 7'% Jan 10% 10 Feb Mar 80« 2 Ltd Corp Alabama Power Airlines 4.20% Inc— Shares preferred ( Kunstzijde Unie N V dep rets Amer shares 100 _——1 Amer High 12'% 7.300 9% Feb 12'% Apr 12 1,100 10% Jan 12'% Jan 7% 3,700 % Jan it Jan 211 is Apr % it 21 Va 16% Jan 21'/a 6,500 107% Jan 114% Mar 100% 101% 275 96% Jan 102 4% 200 3% Jan 20 4% Algemene •- Rarlge since Jan 1 Low htaJi 10'% 80 Alabama Great Southern Alaska Jan Gas for Week 11% Air-Way Electric Appliance 11% 4'% Range Low Par High Va Mar Sale Price American Stock Exchange Sales of Prices Last STOCKS Range since Jan 1 High h Week's Thursday for Week Low 3% Sales of Prices — 10 Adams Hat Stores Inc Week's 28% 28% 2,000 24% Feb Apr 5 V'4 Jan 28% Apr Commercial The 20 Financial Chronicle and ... (1746) Monday, April 19, 1954 AMERICAN STOCK EXCHANCE FOR RANGE warrant! Inc Alleghany Corp Allegheny Airlines Allied lnternat'l Products Allied 3% ' Meter Feb 350 32 3% 99 1 VB VA Central Explorers 5% Jan Central Illinois 26 3/4 Mar Conv 8 3/8 5% 7% Jan American 4 Va Jan 11 4% 100 S 12% 3 ft 3ft 83/4 9 31% II 31% 33 4'A 13% Feb Jan 14% Feb 2.40 5 5 5 3% 4 93/4 9% Fuel Corp 6c Coast Jan 17 Feb 21% Apr Clayton 10 10,500 Line m Apr Jan Club Feb Coastal 47% 25 45% Jan 51 Feb Cockshutt 15% 15:% 1,800 17% Jan Colon 90 Va 90% Feb l3/s (The) Colonial Sand 100 I'/b 85% Jan 6% 13,000 5% Jan 8% 8% 8% 2,700 8Va 1 13/b Feb 225 6% 1% 1 Va 1033/4 — 2 Va 2% 2% ll7/8 1% 104 101 11% 15% 2% Fund 1,400 Manufacturing 9% 2% Baldwin Banco los ma$ 16 14 Va to 33/4 10 Vs Apr 13 .1 500 113/8 Apr 12% 2% 3% 21,500 <2% Feb 3 Vb - 50o • : 2% Vk. 53/8 2% 19,200 5% 925 1 "53/4 5% 5% 1 10 VB 9% 10% 1% 1% 1% 5% 5% 100 1 common Inc 2,200 163/4 16% 17 1 17% 16% 17% 10,200 5% 28 5% 5»A 1,100 42% 43 1 10% n 4 41% 41% 100 1 common 10% 10% 50 • V 600 Air Lines American Oil Celanese American British $5 ,» 8% Tobacco Apr 95% Mar 2'A Jan 5% 53A 800 23% 200 4% 4,700 24% 21% 21 Feb 8% Mar 63A Mar 1 Jan Mar 24 * 24 % Mar Jan 23% Mar Jan 24 V2 6% Feb 57/s Jan bearer 10a reg 10a 6% Mar $3 2nd Brown Forman 4% Apr 6% class l 1% convertible Jan 6 5A Feb 52% Apr M8% Jan Mar 7 6% Jan 500 Feb 101 Feb 16 Apr 12% Jan • . 50c common... 11% 11% 700 > Hill & Sullivan.. 8% 8 Co 20% 6% 22% Jan 8% Jan 10 - 800 1,800 % % 33/8 3 5/s % Jan 11,100 2% 900 3% 3% 3% Calgary & Edmonton Corp Ltd California Electric Power Calvan Consol OH & Gas Co Camden Fire Insurance • 13%. « 103/4 1 5ft 3% 3% 3% 3% 12% 13% 100 105A 5 10% .. 500 «, 5ft 575 10% Mar 514 Mar 25% Mar Feb 92 Mar 10 10 30% Feb 8% Jan ft 12,500 4% 53% 20 1}| Canadian Canners Ltd common.. Canadian Dredge & Dock Co Ltd. 29,400 53 % 6 10% 2% 512 6 Jan 3 11 4 Mar 61V Mar Jan 29%. Jan 53% '5,500 Apr 53% 1% Apt Apr 2 % Mar 5% Capital City Products common Capital Transit. Co Carey Baxter 6c Kennedy Inc For footnotes see page 83. 233/4S 5 233A 5% 23% 12% 12% 12% *•7% 7% 7% 8,300 >. 4%. Jan" 50 22% Jan S.400 * ; 400 12% Mar 7 Jan 6% Feb 24% Jan 14 9% , Feb 113A 10% Mar 20 Jan 11 Feb Jan 22% 800 5,600 13% 12% 2,300 Mar 283/8 27% 28% 8,200 22 5A 11% 11 11% 1,900 10% 7- 7 7% 6% 6% 7 9Vs 12% Mar 8% 8% Mar Apr Jan 16% Mar Jan 1 • 10 • 133/a 1 Jan > Jan Jan 28% Feb Apr 13% Mar Feb 500 55A Mar 5% 23% 24»/4 V 53/8 1,100 31% 31% 31% Jan 7% Mar Jan Feb 20 % 200' 5% 23% < 7% 6% Mar 1,600 Jan 5% Apr 24% Mar M 100 }g Jan Jan 32 30% Mar II 1 ~~fe 9% 9% . Jan Jan 11% 100 9% Feb 8% 73/a — — Jan 8 17% 8Va • Jan ft Mar / ft Jan 1,200 B'/a 9 8Va 1,300 ;12 Jan 10% '""% ""% Jan 19 Feb Jan' Mar 3% Mar 3% Mar 87% % 5'„ 16 73% 2,400 1 I '8 3/8 6% 88% Mar Jan '% 4,100 9% 16- 16% 2 • > Jan ■~SVe 1% 1,600 2 21% ~8% - • >• 6,400 > 16% Jan 24 Jan 160 142 6% - Apr Mar Feb 8% Mar Jan 22 Apr 6 Jan% 18 .. Apr. 2% Jan , 18% Feb 50 —- 8'A 5 Jan 123A Feb 14% 550 16% 1% 21% __ Jan 6 3/s Jan 5% Mar 300 12% 6 11% 12 2,900 87% 87 Feb __2.50 5 Jan 5 12 Feb 6 Jan 7% Jan 16% .1 7% .7% 7% ...2.50 .15% 15% 15% Inc Mills 1 : 3,400 • 13 Vz Mar , 200 8% class debenture Detroit Gasket Detroit Gray Detroit Devoe & Manufacturing Devon-Leduc Distillers Oils Co Diversey (The) Dobeckmun Co Corp __4a 1 common Exploration Ltd Finance l Co ord Tar & Chemical Co Ltd Douglas Oil Company Dow Brewery Ltd : Dragon Cement Co Corp Co Ll.d Harris 26% Jan 14 % Mar 1U Jan 2Va Mar "11s 10% 7,500 1 27% 10% Jan 113A 21'A Jan 27% Jan 53/8 2,300 6% *:•— 5% 4'A 63A 400 5% -■ 9- 7% 6% Apr 17% Mar 10% Feb 12J. Apr 7% Jan 9% Feb 6 Feb 7% Mar 56% 16% 16% 9 % 500 24% 55% 100 6 3/8 24% • 9% 19% Jan 26 Apr 43 Jan 57 Apr 800 15'A Mar 16% Apr r" t.jIOa 1 Durham Hosiery class B common Duro Test Corp common.... & Potash 29,200 11% 9 3/8 : . —• : 1 1 W' ■• • ■ ■ » , Apr Jan 43% Apr -f Jan -HVa Apr % Feb 3 Feb * Jan 200 3% 8Va •; 100 7% Mar 5% -5% - 4 36% 3% ay.. 1 • 5 400 - - 6 Jan 9% 25% Apr 700 7,800 3% Jan ./■ f -9%. Jan - -1 267/# 26 26% Co 15% Jan 2?A 11 10c reg 9% Mar 9% 3,200 Jan 40% * 8% 33% 15% Laboratories— Duraloy (The) Co 7% Mar 6% Feb 150 380 • - Eastern 4%% Gas.& Fuel Assn common—10 prior preferred Ironic Eastern Malleable States Corp— preferred series A Eastern $7 $6 preferred series B. Feb 7% Apr preferred Easy Washing Machine, class B— $2 9 v Electric Bond & Share common— 9 65 - 24% 29 1 :—• • .-9% .,*10% '149% 24 %. 10% 157% 160 160 149% 149 Jan 29 ;Jan Mar 10% J&n 60% Jan 66% Feb 24 Feb 9 325 20 8 Jan 150 147 Jan 160 Apr 100 134 Jan 149% Apr 300 24 .75 800 12% Jan 20 •> 20 Vz 32,000- . Feb 25 * 23% Mar 13Ve 27 21% Apr 12% 20%/; 22 24 - 25% Feb 10% Apr 5,300 21% ■ 30 • 4 5 - ■"64 100 Electrographic Corp common—j—.:—1 * ' ..10 j Apr Mar 1,100 7V8 '6% Co 7 16% 9 55% Co > 1,100 12 11% 12 24% 1 , Jan 6'A Mar Jan • 10 ___• 2% Feb 200 2,700 11 26% 11 26% 5% 1 Ine / Class. A common ; Dunlop Rubber Co Ltd— American dep rets ord Duval Sulphur Apr Jan Jan 2% Feb -• common...... Power 2% 22 V4 . * common Drilling. & Exploration Co Driver Jan 300 'in 1% • , Jan 24% • stock 2 Apr 1 % /— __2.50 Corp common Ltd Bridge Jan Apr Feb 1% 1 : 14 113/4 25c reg Jan 24 Vb 24 Ve j dep rets ord 137% 2,800 1 Ltd... Jan 18% Feb ~1% 1 10 B 5% Apr Jan 12 V4 -- "l% Ltd— Co American Dome Mfg Jan 4% ' J Products Raynolds class 29% 16 Va — , , Mar 133% —— . 600 18% 18- t* 18% : Feb 2 Jan x27% 1 Foundry Hardware & 100 . 1ft Jan •w— .5 common 1 Iron Detroit Steel A MA 35 common Apr 6% Mar Jan 6 " 50c Stores Mfg Dennison 114 14% 25 200 6V2 63 s 6% . Eastern Sugar Associate*— Common shares of benefidar- lnt—1 preferred Canadian Marconi 4 Feb 29% Canadian. Homestead Oils Ltd Canadian Industries Ltd— 600 11 % 101% Feb 29% Feb Co Ltd Canada Cement Co Ltd common.. 6 %?&• preference 1% - Jan Canada Bread Southern Oils Ltd vtc Canadian Atlantic Oil Co Ltd Feb 23% 3 . Canada 13% Apr 4% Feb.. 17,600 25% 4% Mar 9% Jan 10 6,600 ft 24% 3%: Apr 3% Jan ^ 100 ,r Apr 16 Dejay Apr Apr 4% Mar >3% Mar Apr % 8% 10c DuMont (Allen B) common 223/b Feb 147/s Day' Mines Inc Dayton Rubber Co class A Dominion Textile ft Jan Jan Jan 33/4 12% • common Dairies Hosiery Dominion 14% Mar Mar 11 17% 5,500 700 25c common Draper 14% 14 14 4,500 4% 10 Sugar Feb 8% Mar 10 Jan 8 partic common Brothers Inc Davidson Duke Cable Electric Products Calamba Sugar Estate "A" common Crystal Davenport Dominion 500 22% D Daltch 123/g Mar 1,500 13% 8% 9 • 143/4 Apr 8% Jan Mines Ltd— American dep rets ord shares—3s 6d 12%o lnternat'l Jan Burma Burry Biscuit Corp: Cork Drug Feb 21% 42 Va 1 Crown Crown 11 8% 21% ~9% 9 2.50 (Md) Dominion Steel & Coal 213A Jan Jan Jan Mar 400 1 Petroleum y'Crystal oil Refining $6 preferred 113/a 11% _io preferred... Cent Crown Domestic • preferred 60c 200 2.50 B Buckeye Pipe Line Budget Finance Plan 16% Mar 2134 Jan 8 3A x50% Feb Junior preferred.._10 common 18% 893A • Rubber Co common... Bunker 7,000 16% Bruck Ltd 500 12 V8 l Bruce (E L) Co Mills 21% 113A 12 • Distillers cumulative Brown 21% • 1 4 33A Jan __10a 11 s/8 Feb Mar 23% - 10 10% 1 Lighting Inc common. Manufacturing Co (Mo) Jan Jan 33/s Mar 31 22 5 Curtis x6% Apr 5 Feb :,7% Feb reg)__£l Company Crowley Milner & Co Curtis Feb 5% (ord (The) Jan 3% 2,900 333A . Feb ♦ ; receipts Feb 2% Mar 23 % Croft dep Petroleum 4% Mar 2 Apr 400 10% • Atlantic 300 2 3'A 24% Ltd— American A Cuban 1,200 Jan 9% 3,000 37 - 21% III common.. class Cuban 4% 8% Reynolds Feb Jan 8% 6c preferred 11% Mar 10 12% 12% 1 45 12 200 83/8 11% • Feb Jan • .* common Jan 5% Jan 2% • Apr ; 5'A Mar Power 26% 21,000 3 10% ~5c 5c Jan 9% 39 103/« Jan 2 preference. preference 1,100 Jan 15% Inc Courtaulds Jan 2% 2 common 33% 22 i—l Co__l Mines Apr 88% 2 Gold Apr ord Company 33 4% non-voting 5% 24% 3% convertible Jan 4 • 11 Ltd— Columbia Brown 8% • 43% 40 20o reg 200 63/4 Mar 4% Mar • Feb 700 3 • dep rets ord 4,500 217s Co 4% ord dep rets dep rets Amer British 4% _9% —1 1 Corp Machine 40% Jan 33A 3 • B Creole Apr British American Tobacco— Amer 4% ~9% 1 17% Mar 3% —1 Co 4% 4% voting. 313/8 95 Bridgeport Gas Light Co Brillo Manufacturing Co common Feb 33% __1.25 17 3,300 31% Brazilian Traction Light 8c Pwr ord Breeze Corp common 5% 22% Corp Jan 9'A 94% Inc 1,800 Engineering__l Feb Apr 283/4 & Var 13% 7% 283/4 S $1 53,8 Mar 1,500 8% Works 6 3/8 12% - Jan Feb 7% British Class Mar* 6'A Jan 7% Gear Apr 6'A Distillery Ltd— A Corroon Jan Blumenthal (S) & Co common • Bohack (H C) Co common—.; _• 5%% prior cumulative ,preferred_100 Foote Feb 14 % 1 15 50 Brad Foundry & Class Feb 9% ~9% a. 9% Apr 9 ♦ Commercial 7% Mar 4 9% Co Feb 11% 1 Inc Aviation Coro 10 9% Scrymser Bourjois Inc Jan 100 2,000 1. Feb r 3 Borne 41 9% 14'A 50c Corp x5% 1,900 11% 11 Blrdsboro Steel Fdry & Mach Co com.* class A Feb 12% Utilities Car-Na Corby (H) 10% Feb 1% Mar 9% Jan 1% Jan 2,400 —1 common Black Starr 6c Gorham Blauner's common 11,600 1 Bell Telephone of Canada common Benrus Watch Co Inc Benson & Hedges common Blckford's VjFeb 6 :,A 5% Jan 11,200 (A S) Shoe Corp Beckman Instruments Inc 24 12% Liquidating 2\\ , 7 lig Jan "*2®A Jan 800 SOo Aircraft Jan 6 Beck Apr 8% Mining & Smelt'g Ltd Royalty Oil Cornucopia Barium inc Beau-Brummell Ties 22 8% 5 Cook Paint & Varnish Apr Bearings 700 12 10 1956 Gas Continental Jan Light & Power Ltd Feb 23V2 ' Feb 4,200 1,400 11% 10 Va Basic Bellanca 5% Jan 10% Steel Corp. Refractories Inc 19% 10 Engineering Consolidated Andes— Barcelona Tr Jan .1 Consolidated Mar 11% American shares J Banff Oil Ltd 18% 37 Consolidated Feb —1# Corp Jan 18% 10 Consolidated Apr 12 10% 411 1 common... % "9% 1 Continental _1 Securities de Feb % Mar "2% Co Continental Baldwin Rubber Apr 26% !_• Co Consolidated Jan 2% Jan ext Vtc Apr Jan Jan 10% 300 15% Apr 6% 2% Jan ... 200 Bailey & Selburn Oil 6c GasCompany Apr 71% Jan 2% Inc Stone & Continental A—. 113/4 Jan 1 Continental Class Jan 67 % • Community Public Service Compo Shoe Machinery— Jan 104 Jan 2 500 2% 12 Feb 95 Jan 80% 100 90% 83A 1 80 2% Baker-Rairtang 93/a 750 500 Development Colonial 6ft Mar Jan 1 1,800 Feb MU- Jan 2,000 10c ' 43/4 Jan 5,400 6 3/8 23 Equipment Co ordinary Feb Apr I ft 114 13% : 10 Airlines 6% 5 40% Mar 117 14% Mar Jan 5% -9% Jan Farm 9% Mar 14'A I Co Feb Jan 23 1 vtc Jan 6% 500 18V2 5 1 50 —• 1 Oils Jan 9% 36 Vb Jan Feb 700 18% 5 Products Jan "% :"% ~~% Jan Caribbean * Apr 8% Jan 25% & Aluminum 7% x92% . Jan 4,400 y 11% Commodore Hotel Inc Inc 87 % •9 70 Inc... 6% Mar 25 8% 68 Mar 8% Colts Products 100 4Vi 20 1 Steel 7 v 5% 113 Non-voting non-cum preferred 1 Automatic Voting Machine .• Ayshlre Collieries Corp common..—S Automatic 7 9 50 • Jan 36 Va 600 114 5% Jan '53)—* Co 79% Mar — 21% 9% America——• Atlas Corp warrants Atlas Plywood Corp Jan 70 11% Co Colonial Dec 22 Feb 72% 78 7 5/b 47% 21'A div paid on on Jan 24 *92 % x92 % 21% 114 114 II of 29% Jan — Hosiery Co 5 Lambert Manufacturing—4 Clinchfield Coal Corp common 20 Tel— arrear Jan 233/8 4% Claussner Jan BO 2.80 Fisheries Atlantic Coast 12% 153/8 Industries- July 1 '53 & $41 Atlantic 2,600 36,400 9% American dep rct$ reg Associated Laundries (ex $43 Neon 15% 21% • convertible preferred Equipment Corp Cl A Claude 14% 19% Apr 26% (id % Co L D 5% 200 11% Clarostat Manufacturing Co 143/4 • 4%% Associated Tel 14% Feb 109 % Jan Jan 105 Controller 21'A Co.. Gas Arkansas Power & Light $7 pfd Armstrong Rubber Co class A Associate Electric 500 (The) Clark 1 Oil Arkansas Louisiana Aro ; 108% 107 108 Jan Clark S Argus Cameras Inc Arkansas 9% 200 Jan Jan 27% X27% "I % City Auto Stamping City Specialty Stores Inc common 4%% convertible preferred Jan Apr 5 Apr 5% Jan 5% 78 4 .1 33 4% 33/4 Jan Itf Wife & Cable Corp " Feb 3% 10 Circle Jan 6 3% 8,700 111 1 common Apr 3% jan 5,800 —1 Ltd 9 4'A Mar 2,700 5ft 10 common Oil Co 4% 3% 5% .2.50 America of 163A Mar 3% 1 common Jan 23 400 Corp . Chesebrough Manufacturing com Chicago Rivet & Machine—_— Chief Consolidated Mining 318 Jan Feb 4% Jan Jan 4% 27% 100 10 —2 10 Jan 7% 1,200 4 Co Cherry-Burrell „ ( Anglo-Lautaro Nitrate Corp— shares Charis Apr Jan 2Feb 2,025 Angostura-Wupperman 1 Apex-Electric Manufacturing Co 1 Appalachian Elec Power 4%% pfd_100 "A" Charter Jan 300 ;v dep rets reg 13% Mar 4 12,600 9 Chamberlin 10% 3 4,300 va Apr 553/4 Feb 12 500 ; 13 Co Aircraft Cessna Jan 48 200 4% Mar 43 6% 3% Mar 15'A — 1 Products Steel Ohio Jan 900 12% 11% 37 Feb 35 53 13 12 Products.. 225 Feb Apr Jan 43 B S 20# 53/4 100 100 3% 100 preferred Central Power & Light 4% prd Century Electric Co common Century Investors Inc Convertible preference; 28 3% 15% ■ Central 12% S Writing Paper common Co— 10% Mar 52 S Power 25% 413/2 10 __ series series 23% 255/8 Mar Jan 5ft • Corp.. Apr 33 pfd—SS Secur Maine 3.50% Apr Feb Mar 1 Vb Apr 4% 20 % 2,500 28 Mar 51 Jan 4,700 5'/4 27 Central Apr 115 % 3% 1 1 1 • Ltd 203ft Mar 600 1,100 5% Feb 45Vz 100 8% 233/4 1% 91 Jan 17,800 3'/a Mar 53/b Mar preference $1.50 preference $1.40 Conv % 3% America Jan Jan 155^ 10 Corporation Jan 1 25 '50% 3S Anglo-Iranian OH Co Ltd— Cenco Apr 1% Feb 80 % 2s 6d Co Jan Jan 2% 50 ft • Jan High 300 91 110 1 common Jan Jan Low 3% 89 % common > 11% 400 50% Lignt rets B ord dep 99 % U 3% 89% Range since Jan 1 High Ltd— American 23% 43/e Low • $5 pid Biscuit Co & Jan 92% 700 20% Republics Power Apr 33/8 Mar Jan 23 n Shares • common 9% Mar 400 20% American Carolina Co Co 32 Feb 3 700 11 —1 Amurex Oil Development class A Anacon Lead Mines Ltd 27% 1,100 23 American Seal-Kap common. American Thread 5% preferred American Carreras 2% 2,200 4>/» __ Potash 6t Chem cl A conv—• Post 4% Mar Jan 23 >/• American Anchor §Carr-Consolidated 6 "n • Gas Co 6% 7% Mar 20 3/8 Co American Natural Feb Feb —20 American Laundry Machine American Manufacturing Co com American Maracaibo Co American 2% 98 VB as Co 700 6c 22% Mar common Rubber 2% 10% 985/e • Ambrook Industries Inc 25c American Air Filter 5% conv pfd IS f American Bantam Car Co class A—X American Beverage common — 1 American Book Co 100 American Hard ft Carnation j preferred 100 Manufacturing——• Industries Aluminum v$ 31 va 32 cumulative $3.75 Aluminum Goods 4 1 Co Aluminum Co ol America— Carman 2% Feb 23A Jan 23/s Mar "va 1 Investing cap stock—1 (Mich) common • Brewing Altes 23/4 Mar Jan 7% Corp for Week 2.50 Jan 111 23/fl Sales Range of Prices Par 1% 2 2'/a • * Pictures Artists Allied Range since Jan 1 Low High 200 2% 2 ft Week's Last Sale Price American Stack Exchange 5,600 25/« J — Alles 6c Plsher common Thursday High 2'A .10# Engineering Co— All American Low Par 1« STOCKS Shares of Prices Sale Price Exchange iMrlein Stock ENDED APRIL for Week Range Last STOCKS WEEK Sales Week's Thursday Feb 13% Mar " 19% Jan 20% Feb 13»A Jan. "14% Jan | \ Number 5317 Volume 179 The Commercial and Financial Chronicle ... (1747) 31 AMERICAN STOCK EXCHANGE RANGE Thursday STOCKS American Stock Exchange Shares Emsco Corp 104 Manufacturing Equity Low Co I preferred Esquire Inc Ltd Eureka Corporation Pairchild 2% 2% 2% 7,300 36% 200 33 4% 4% Petroleums Ltd Federated Association Firth- (M H) 3/4 Ford of Motor Class A .'"Class Fort Pitt Fox 36% Apr Kennedy's 5% Feb Key 63,300 % Jan & Apr Jan 24 Va Feb 2 2 5,\ Jan ; Lighting common 4% cumulative preferred Kingston Products Kirby Petroleum 50c preferred 11,800 l3/4 Mar 2V8 5,100 312 Jan Jan 47% 1,900 43% Jaa 5% 27,300 3% Jan 93/4 100 93/4 Apr 6 6 3/4 10,000 5% Jan 6% Klein Jan 5% Apr 11% Feb 96% 92 102 10,900 97>4 104% __ 65% Jan 102 Knott Jan 1043/4 8% France— 7% 7{jj T 8 ' 1 Brewing 1.25 8 7/a 4,000 U 4% 4% 4;'y 5% A) Co • 5% 4,800 2,000 5% Power Co 12 12% 4 4% Jan Jan Shore Lake preferred 10b Mfg Co common General Acceptance Alloys Co — 5% 5,400 43% Jan 6% Feb Lakey 1,200 103/4 Jan 123% jan Lamson Corp & 1 • . convertible General Electric American preferred — Ltd— Co dep r • — ■— 10 -- — 28% 5 — 1% Salle C) : Alden Glen Gobel Godchaux 26 •■■" 800 ■ 1% Grand Manufacturing Atlantic Non-voting 7 % conv — Lakes Hydraulics Oil 250 ■ 1% Jan Jan 105 Electric Mapes Apr Marconi 63/4 13,700 6% Apr 8% Jan 12 11 Va Feb /12% Jan 22 % Feb 24: Jan : ■; 400 3A Mar 60 54 ■78 11 46 .• 25% 5,400 /• 12 ■ , 1% Mar — , 25% ; % 25 1 2 1 —10c Co 47% Jan Apr 26% Mar Apr 23% 7 Va 6 3/8 100 6 Jan 153/4 1,700 14 Apr 176 150 179% 135 136 & Hardart 2% V 173% 2 Jan 23% 16% Mar 6 2 100 400 '13% 3,900 3 2% 100 54% 1% 200 15 ■14% Jan 10c Communication Marion 50 Jan ® 4 Apr Feb Mar Jan Apr ... 523/4 Jan 553% Feb 300 1 % Apr 1% Jan 3% Feb 4 Jan 10 Jan 63/4 400 34% : 900 2% 35% 6% 6% Mar 2 Mar 26 Va 2% 1,900 2% Jan Jan Jan 373% Mar 3% 100 7% 1,600 6% Jan 20% 150 "19% Mar 23 Va Jan 13% Mar 14% Jan 19% Jan 21 Va Feb 93% Jan 101 % Apr 70 Jan 9 3% .7% Jan 20 20% 20 %? 101 % 21 101 1,500 101% 70 4% Feb 8 Va Mar 78 Apr 10% Apr ' ; 10% 10% n% 10,500 14% 16% 12 11% 12 45%' 45% Jan Jan 7% Apr 8% Apr Jan 1 2,400 16'% 2% 8 2% 800 2 2% Mar 6% 2% 10% Jan 12 12Va 16% 500 /; Feb Jan 11% * Jan 13% Feb 453% Feb 131 <=19% 300 20 3,8 12% Mar 44% 125 __* 20 Mar 13% Mar - , Jan Jan 18.T Inc 29%. 5 common Hydro-Electric Securities Hygrade Food Products X r 138% Mar Jan 21% Mar 73% • __1 30'% 400 70% 73% 6,200 100% 105 Jan 24% Jan . '57,' • Jan 30% ' V ~5V 11%. 5 11 Va _5 -•100 < 11% v ,3 Jan 4% Jan 1,500 11 Mar Feb 73% Apr 4'% Mar j, 5% Feb 13% Jan 17% 17 18Va. 1,550 123% Jan 18 % Apr Imperial Chemical Industries— dep receipts (Canada) capital stock—* 8% 8% 34!% 35 5 & Ireland—£1 of North ~7l I "7% ~7|J pfd—100 98»/4 98 98% 89% 89 90 America International Cigar Machinery International Metal Industries 5 International Petroleum Investors Iowa 36% Feb 103% Jan 800 310 612 Mar 91 % Jan 83 Jan 1,950 19' Jan 31 Mar 8 Jan 100 Mar 95% Feb 19'% Mar 34 Feb capital stock.* 25% 24% 26% 32,900 19% Jan 263% 5 11% 11% 11% 600 10 % Jan 12 3% "3% 2,400 33% Jan 4% Feb 1,700 2% Jan 3% Feb Products Resistance Co 10c ; Service Jan Feb • Royalty Public 3.90% Apr 28% 6,600 • A 8% x9% 34%; Imperial Tobacco of Canada Imperial Tob of Gt Brit Indianapolis Pwr & Light 4% 7% Jan 100; 3%' 1 2% 3 Apr Mar 1 5% 5% 5 "2 Irving Air Chute 1 3% 3% 3% 12 11%- 12%. O'Mahoney Inc Julian & Kokenge Co Jupiter Oils Ltd Por-iootimtp* 15c sage 3S 1% ill lit 1% 3% 36% 4% 5 6% 61/4 Feb Jan 7% Feb 5% Mar Jan 4% Mar 3y« 600' 200 Jan 33/8 Jan 42% Feb 36% ,Apr 43% Jan 300 . 50 53/b Mar 11 11 25 2% 2% 13% 2% 13% 6 3/4 Mar Apr 413/4 Apr Feb 48 Va Mar Jan ll3/4 103/s 8,400 • Jan 6 2 Jan Jan 3 Mar 100 13% Apr 14 % Jan 71% 66 71 % 11,800 51% Jan 71% Apr 24% 23% 24% 300 22% Jan 24% Apr 11% 11 11% 900 10% Mar 13 lLVa 13 Va 4,300 11 Jan 13% Apr 24 23% 24% 1,400 21% Jan 24 V* Apr 177/a 17% 17% 200, 15 Va Feb 18 Va Mar 33 Jan 33 25% 243/4 26 150 22 Feb 26 Va 1 • • 11% Jan 24% 21% Feb Jan 2,200 19 Feb 243/4 Mar 22 % Jan 25 11 Va Feb 13% Mar 153/» Jan 17 y» Apr- 800 8,600 Co Mfg Merrill Petroleums Ltd Iron Textile preferred Participating Inc Brothers Bumper Midland Oil Co 19 Va 6% 55% .-—ST'-', dividend 55 Va 500 is U- 1 1 7% 17% 13% 12% 13% .25% 24% 25 % 14% 15% • 50c -* 123/4 100 • 103% 33% 32% Molybdenum Corp 1 Monongahela Power Co-— /. 4.40% cumulative preferred 100 4.80% cumul preferred series B—100 45% 45% preferred—, Canada & Light 5% pfd convertible Pwr Service Public common Loan TV . / " ' 253/4 Feb 13% Jan 153,4 Mar 5 vb 5,150 * ■ '• • • • /■■ Jan 6% Mar Feb 5 26 % 233/4 Mar 700 / 7: Feb Jan 2 600 Jan 3 4% 1,000 Feb 53/s Mar 313/s Feb Jan 2,600 10% Feb 13 Apr 103 % 104 50 103 Vs Jan 106 Mar 33% 400 30% Feb 34% Feb 46% 7,800 40 Jan 47 Va Apr 100% x99 95 vb 10 Jan Jan Apr 107% Mar 98 Va 20 102 Jan 103% Apr 3 Apr 2% 10 172% Jan 37 25 343/4 Jan 37% 5% Jan X7 Va 3 Va Jan 4 Jan 33/4 Apr 23/4 ~7% 23/4 x7 Va 7 3/a 4,900 16% 16% 100 18 3/a 18% 6,200 113 3% 3,',r 18% 550 24,100 112 113 3% — — Jan Feb 180 200 179 37 17% Jan 105 %| Jan Apr Mar 18 . Feb 19' Jan 16 Feb Mar 112% Apr 3% % lV % 7,100 iT« Mar 1% Apr Jan 27% Ohio Mfg Co Piston Ring ' 14 Jan 11 179 27% 27% 600 26 Va Mar 28% Jan, 7% 200 32% 100 yv 7v» 7 »/8 Muskegon ' 24% Apr Feb 13 12% ~2% -1 " * 18% Mar 13% 104% series % Jan Jan 102 9 common—_2.50 Muskogee Co common— 10 Muter Company common —50o Murray Feb 13 Va 11% x99 Society com Inc 8 vb 7% Mar Jan 30 3 §Muntz 1 " : Jan 13% Feb 250 2% 5 C 100 class A 1 Montgomery Ward & Co class A —* Moody Investors participation pfd—• Morris Plan Corp of America 10c Mt Clemens Metal Products 1 6% cumulative preferred— 4 Mt Vernon-Woodberry Mills 2.50 Mountain States Power common—7.25 Mountain States Tel Si Tel 100 preferred 4.50% Monroe 6 Jan Jan 1,000 25% 2% Jan Apr 12,100 ■ 24% Miller Wo hi Co common— % — — • shares 7% 3% 10% Mar 100 18 1 common 7% 17% 23/a Minnesota 53% 400 Apr Jan 57% Jan 2% Jan 500 Piping Co Refineries Missouri Apr 5% common of 55% 400 113/4 Abrasive Corp 50 3% 7 Jan 53/4 24% 4%% 6 V, 11% 1 50c 50 Mining 100 5% ff Midwest Mid-West :v 113/4 Corp non-cum Mid-West 8% Jan 7 . $1 conv preferred—* Products— Steel Jan 15 1 Petroleum States 6 1,000 1 Corp Hone 146,600 * —2.50 —• 10 Corp. preferred Micromatic 3,200 8% 3% «->«- 1 — 3% Mar 2% Jan 3% 163/4 6% 16% 25e Iff common Jan 7A .8 1 Corp Feb 161% 3% 3% 1 i Co Apr 9 Va 12 Va 4,300 • 10 1 1 24% Jan Apr' 73/4 17 Vb Middle Jan ] J Mar 11 13 6% Jan 700 243/4 ■ 7/ 32 32 vv . ' "" 2Mar 7% Jan 7 33 28 3/4 Mar - :' 5% 14 % 6 3/t Feb Jan Jan Apr Jan * ■ • 19 Inc National 16% 300 4 3/8 4% 43/4 900 11% 11% 11% 8,300 Co Mfg & Stores common Petroleum Ltd lOo National Presto 2 National Radiator Co ♦ National Research Corp^—:————J National Rubber Machinery-— 16 National Starch Products 1 National Steel Car Ltd* Industries Industries Inc —1 -30c National Transit National Union Radio Neptune Meter common— Nestle Le common Mur Co common Dominion Oil Ltd New British England Tel & Tel Haven Clock & Watch Co convertible preferred Idria Min & Chem Co 4 Vs Mar New Jersey Zinc Mexico & New 4%% Arizona Land Mining Co—, Park Process Co common 4% Feb New 1% Jan New 15% Jan Auction Co common New York & Honduras Rosario New York York Merchandise 2.50 1 40c 100 1 20 50c 25 1 1 ' * * 25,600 11 <<• - 100 1% 1% 1 15,000 2 1% 2 13,700 12% 12% 12% 300 20% 7,600 16 Va 16% 16% 1,800 25% 25% 25% 300 19% 18" ^ 16% Apr Jan 43/4 5% Jan 12 Va 4 1% Jan 1 % Apr 1% Apr Apr Apr 2 Va Jan 18 % Apr Jan 15 5/8 10% Mar 9% Mar I 13% Jan 1% Jan 2'A Jaa 11 Feb 11% Mar 12% Jan 16% Feb 20% Apr. 15 V« Jan 18% Mar 18% Jan 26% Mar 26 Jan 26% 3 Jan -r- ~3% 2% 2 "3% 2 Va 34% 32% 35 3% 3% 4 2 /« 2% 2% 118% 119 2% 2% 118% 23/4 7% 7% 8 1% 1 % 1% 400 1,400 1% Mar Apr 4% 1 \h Jan 2& Apr 2,390 115 Va Jan 122:% Mar 2,000 2% 350 67,800 Jan Apr 3% 7 Jan 9% Feb Feb Jan 1% Apr 43% 8,700 36% Feb 14 5/s 2,000 11% Jan l'A 1% 2,900 3/4 Jan 45 10% 10% 100 22% 247b 9,550 100 Feb 1 13% 9 Apr 3% 42 9 35 24% 300 1% 9 Feb Apr 13,800 14 3/8 22% Feb 33/4 2% 3,400 42% • * 10 10 2,200 18% 11 2 18 Va ■ 2% 17% 2 Va 1 * 1 25c Phoenix National 16 Dehydrating <k Alfalfa Jan 2% Mar 16% 1 * Namm-Loeser's National h" ' Corp Nachman 3% v 900 16% 800 - 1,900 8% 83/a 24%, 11% New Jan — 24 5/a 24Va 8% —• 33/4 Mar ' . — . 12% Menasco 3 ' £1 17% Feb Jan Apr • . Co & 6% 1% Feb Jan .1 & Co common Dredging common Johnson Apr 2,800 3Vb 24%, Mead 5% Apr 5% 9 Va 173/4 7 36% (A G) McWilliams 500 Jan Jan Jan 3% 3% 23% Apr 1% 400 223/» 12% 6,300 3V8 8,100 4% 22 3/a 90% Mar 3% 10c .250 "4% j 5 Jan * 14 3% Jerry 4Vb 2,000 3,000 12 Jan 600 1 common "4% 4% 4% 8% 15% Mar 2,000 9% 173/4 S 10 New Jeannette Glass Co "4% 9 11% New • 17 12 97% 84 100 4% 4% 9% Ltd Co New Co— preferred Iron Fireman Manufacturing v tc Ironite Inc 43/4 17% 1 National registered—£1 Apr Feb Shovel— Power Milling • 6% • National Fuel Gas common 4% Feb ; National, Bellas Hess common ' •' Feb Jan 5% 1,000 Mar . I ZUnc Co - 200 104 Va 104% 100 — 14% 4% 500 Apr 3 Jan 2% - 15 —• Apr 200 • Co__ Feb 26% 1% 10 2.50 5 1 —• 2% Jan 3% 2%.- Feb 100 6 Massey-Harris-Ferguson Ltd (J W) Inc common Apr 1% 6% 11% 4% Mays Metal 3% 1 — Baking Co (Harvey) International Jan International Marine Mesabi 3% Mar Feb 2% Mar 22% 100 1 Oil & Refining capital stock—* & Manufacturing Co 5 International Jan 13% Consolidated Mfg Co— Jan 19 7/a Mar 7:7% Feb :• 12% Apr 543% 54% 1% Lock Co 3 '/»■ Jan 1% 7% If Michigan Jan 850 26% 23% "7% common preferred Insurance 10% Mar Jan 4-% Co . Imperial Oil 12% Mar 53/4 —S Michigan Steel Tube Michigan Sugar Co common— 1,800 26% * t Horn American Jan 9% Mar Jan 413/4 Mangel Stores common Manischewitz (The B) Co Midland 5 25c & Hardart Illinois 16 12 400 233/4 Apr Jan 13 V, 13% -10 182% Mar 20,300 *-• 14% , common common Inc • Jan 153/4 Feb .—1 —t 136% 16,200 - 12% 14% — common Products Co (Geo A) Humble 6% Jan 1 132 • Steel Hubbell 100 — 8 164% ft* 40 12% 12% 34% Co_, <fc Hurd Va ' Service Public Maine Michaels / * 179'% * : Horn 5% 7 Co_ McKee % 14% / 15%' 1 preferred Hoe (R) & Co class A : Holllnger Consol Gold Mines Holly Stores Inc Holophane Co common Hormel 7 ■■ ■ Feb Jan 6 3/8 1 Inc convertible Herder's iy» la Apr Jan 73/8 common Mfg 600 Jaiv 9% Mar Jan 1% 23 11 (The) Mar 24% 2% preferred 5% 1,100 3% 15 Chain 86 363/4 Jan 18% Henry Holt & Co common Hercules 23% 3% Mar 34 % 9% Jan A 49 130 ./ 6% preferred Higbie 2,200 1 Jan 600 • 4 % iT<f -10 Jan 26 2% A 5%% "% ~ 1% McDonnell Aircraft Corp— 47% 17% Corp Co Jan r 54 21% 46 2% Inc Rubinstein Class 42 I Jan 40 % . U Jan 800 1% — 97/B Apr 1 Jan 10 Jan Jan 1,700 23% 52 2% . Lithographing Dept Stores Heller Jan 23/4- Jan 29 % Mar "'J 13% Mar 7% Light Co Hastings Mfg Co Hathaway Bakeries Mining 343/4 200 3 li9o — class Mackintosh-Hemphlll 24% 6% L5 Brewing Helena 50 3,600 29 3% 2% Mar Inc (R G) .,'Tft - Feb Jan 18% Co— Harvard Hearn 40% 2% 293/4 100 1183% Mar Apr Jan 50c Organ Company Hartford Hecia 40% 2% 293/4 1 1143/4 Midvale H ■ Laboratories Hazeltine 40 Va 1,900 Corp Lynch 19 % 1% Brewery 2 V# Mar 100 Co—1 ^ Apr 11% Mar Jan ~~i% J^n 27-,400 Mar $2 Havana Jan -1 23% 9c Inc. Western Lamp 12 3/4 -1 73A 22% • 100 Leases .%'■&: Hammond Jan ,50c Shipley & 1,200 11% 2 Grocery Stores Products common——5 Gypsum Lime & Alabastine— • Hall 10% 2% Co——. Lodge 8 34 1% Tea— stock Chemical & Freehold Haelan 12% 10 VB Longines-Wittnauer Watch Co/— Louisiana Land & Exploration:— Lunkenheimer (The) Co 23/a Mar 23% 8 Pacific & Great Griesedieck 12 44% Steel Locke Feb 29 ",■■ 13/a Mar 8Va 63/4 pfd—25 1 Co common Greer Gridoil Apr 12% B 12% 50 4 Co__ preferred 1st Class 2,800 23 1 common Varnish Rapids Manufacturing Great Apr 39 Va 123/4 University— Groceterias Loblaw Jan 107% V • Graham-Paige Motors 5% Gray 9% Jan 8 Vb conv Tourneau 8% 23 Va • class A Manufacturing Gorham Jan 30 % 2% preferred Realty common—i—i. 2% 5 Consolidated Mines—i Goodman 100 1,100 1,600 10 Liberty Fabrics of N Y b% cumulative preferred: Feb 53/4 Jan 32 Goldfield Le Mar 9 Jan '105 10 10 1 preferred: prior $4.50 Apr 9 38 12% Co Extension _2% —_1 B Inc Inc Sugars 7 •.■■- T% 8% 10 class 1% 18 Jan 7%, 8% Jan ". 600 116% 116% 2% * Co (Adolf) Feb 5iV Mar . — — • - Coal Union Globe - & Co Distilleries Glenmore 13% 16 • common Co Gladding McBean Feb 1% Jan i%?jan i:,, of Sessions cum Lefcourt Feb 11% 102 3/4 1 Corp ' — , _* 1 Giant Yellowknife Gold Mines (A 14 Jan Jan 9 2% & Machine Delaware Foundry 5% Feb 6% Jan 10% " ,77— ■'.:•■ v 28% 28% 107%" 107% 1% ,1% 1% 116% Georgia. Power $6 preferred $5 preferred Gilchrist 100 —• — Apr 109% Jan : Jan 3 __ Outdoor Adv 6% pfd 100 / Plywood Corp common—, 50c / preferred 20 General Public Service $6 preferred * .;4 General Stores ^nrpnrat.inn ■■■-:. v /; Gilbert 106 Va . . 200 ■ - convertible Mich 1,500 -1% 1% l%f £1 General Gerity Apr 10% Lear Inc common 24 Jan » rets Finance General 5% 10 2,800 6 11% 1% - 1% — 21% 4,900 11% 11%* 25 ord reg Corp 5% pfd A. General Fireproofing common . General 514 6 1 — Corp General Builders Supply Corp com.—1 5% Feb 37% 37 ="''■'" — —0 Ltd Mines ;•/ 12% 233/4 24 109 J 109 24 V • common Gellman General 11 2% 104% 12% Laclede-Christy Company L'lAiglon Apparel Inc 1 % Apr Vrt Jan La Gatlneau 650 13% Jan Feb Apr i. ; Vil ' Brewing Co (Geo 13 9 2% 263% Feb 33 %c 20c 1 v Stores (The) Forge Co Kroy Oils Ltd Krueger Brewing Co Lamson Fuller 600 Apr Jan 9,100 37% 34 23% Co Kropp Apr 71 350 High • 10 5 common— (I B) Rubber Hotels Corp Kobacker . * Low 2% 7.50 Co Kleinert Feb 72% 7 Emil) (D 2 V, —1 M Co Ltd Kirkland Lake G 5% Mar 9% ■>*, County Kings 7 26% Apr 5% 6 Co _— 20% Range since Jan 1 High 104% 8 -• 8 • 50 1 1 10 Inc Co common (Walter) & Kidde lVs Feb 46% deposit receipts bearer (Peter) Jan 5% 1 37% Co Kawneer t9* Jan 47% Inc 2% * & Electric 4%% Gas Kansas 4% Apr 8,100 Shares Ltd— of American 2% Mar 100 26% 4%. 1 Canada— Co Motor Apr 23% Mar 10 voting___ Motor 23 Ya 2 American deposit receipts ord reg—£1 Ford i7« ■ for Week Low" 1 pfd—100 Corp..: Motors 79,800 1 4% non-voting B Jan Jan 17 26% „ Kaiser 8 __2.50 - Inc Co Tiger Line Flying Ford (Phila) Inc Sterling Fishman —* Par Sales Range of Prices K Mar " • " 1 Jan 17% Sale Price High 105 Feb 2 36 V. 43A Ltd^—25c Fargo Oils Fire Instrument & Camera 6% 36% .10 — 101% 2,300 A Pipe Line common Low 20 g Warrants Eureka High * 104 Week's Last STOCKS iy2 l 16 American Stock Exchange Range since Jan 1 __ 10c —1 1 $1 or 25c common convertible 7% APRIL ENDED for Week 100 1 5 WEEK Thursday Range Par pfd FOR Sales of Prices Sale Price < Empire District Electric 5% Empire Millwork Corp $2 Week's Last 93/4 20 7% 43% Mar 15% Mar 1 Va Mar Jan 52 Jan Jan 10% Jan Apr 27 Feb Feb 9 Apr I ."> 2 Commercial and The (1748) Financial Chronicle ... Monday, April 19 american stock exchange ..RANGE FOR WEEK ENDED APJRUU . Thursday Range Mines Niplssing North Penn North 3,400 1% 4 Vi» 5,900 (\ 10,600 38:,a 1,200 78 37% 37 % 1 7 2 2 1 2 8 4 Servomechanisms Apr Va 1,000 2 Va 5% Jan Jan Yt Feb 1% Jan 37% Apr 2% Mar 41% Jan Leather 20 % Shawinigan 3% 4 4% 100!» 2|i Feb 24 Va Feb Sherwin-Williams 3% Jan 4% Jan Shoe Jan 91% Apr Sicks 95 % Jan 100'a 100% 50 101% Mar o Ohio Oklahoma Old cumulative 40c United "Oliver Olympic Filters Radio B class 20% 20 20% 87 84% 87 16 Feb 75% Jan 8% 1.10O 8 Va Feb 6% 6% 19 275 8% 6% 600 16 ———1 Inc - Va 4 Securities Jan 15% Mar Jan Apr 17% Jan Feb Boss 3% Feb 4% Jan 17% Jan South 43 % Mar 42% 1,900 37% Jan 14' 14 % 100 13% Jan Penn Southern 5% Pacific Can Co 19 1st 6%, 6% 1.300 Jan 19 35% 2,300 33 % Jan 36% Mar 32% 700 30% Jan 33 29% 28 redeemable 1st preferred. 29 redeemable 1st pfd series A—23 6% 19 35% 32% 1st pfd—25 6% 17% 35% 1 common Electric preferred 1st 4.80# Pacific preferred 30% 800 28 Jan 30% red 1st ; preferred 27% Jan 28% Mar Spencer 600 27% Jan 28% Mar Stahl-Meyer 28% 28% 100 26% Jan 98% Jan 105 97% Jan 105 104% Northern Airlines Petroleums $1.30 1st & Tubes class Co Water Boys Power Co (The) Governor Pinchin Ltd Pratt & & Inc. 41,100 4% Jan 6% i 26% Jan 26% Jan 28% Mar 73 Jan 53 ~4 Jan Feb 54% Standard Co Service — of Co & com Raymond Class A Pile 5 'A . 1,200 200 5% 13%. .. common. .14 7,000 3% Jan 5% Feb Corp Anns Feb 5% Feb 5% Jan 8% 30 Feb Mar 8% Mar 5% Jan 12% Jan 14 Feb 41% Feb 1,700 36% Apr Jan 3% Mar 64 % 400 60% Jan 65% Mar 15% 15% 4 % 15 1,000 14% Feb 16 Apr 6 % 6% 400 5% Mar 6% Mar 4% . 4% 300 3% 4% Mar 23% 503 "ill ~1% 9,800 2%. 2% 830 23% 1%. 2% 68% C7% 68% 36% 36 7% Jan 22% Mar 1% Jan 26 Jan 1% & Inc Stein (A) Co 2 Jan 3 Light Engineering... Inc Valley Gas (Texas Corp) vtc ♦ 1,303 65% Jan 69% 700 33% Jan 38 % Mar 3,200 2% 2% 100 3% 203 3% 5% 3% 2% Mar 6 1,900 2% 5% 36 44 Jan Jan Feb Jan Jan 3% Jan 23 Jan 3 % 1 % "9% 3 1 % 41 % Jan 45 Feb 3,000 16% Jan 20% Apr 27% 28% 300 25 Jan 23% Mar 14 14% 4,000 13 Jan 14% Mar 13% Feb 14% I'/a 1% 900 5% 6 % 4,000 1 Electric Feb 1,200 2% Mar 3: Feb 1 % 1% Jan 11%' 9% 9% 203 2,000 10% Jan (The) Corp Oil Russeks Fifth Co 101% 102% 34% __ 111% 10 Apr Jan Thiokol Thor A 23% 23% 50 % 50% Co Co Jan Apr 16% Feb 38% Mar Jan 24% Apr Jan 3% Jan 51% 1,100 24% Feb Jan Jan Inc & Light Co Brick Thorofare Tilo Tishman Shoe common 3% Feb Jan 18 Apr 15% Mar Feb 9% 9% Jan 500 1% Feb 2% Jan 3 1,200 2% Jan 3% Jan 400 20% Jan 22 % Apr 9% Jan 20% Apr Jan 31 Jan 21 600 21% : 18 Va 11,000 " 100 26 300 9% 17% Mar Apr 19% Feb 5 5 900 4% Jan 9% 700 x9% Jan 10 20% Feb 25% Mar ~3% "3 "3% 800 13% 14 150 9% 5% 2% Mar 14 3% Feb Feb 17 Feb Feb Jan 12% 400 10% Jan 12 12% 350 10 Va' Jan 13% Feb 55% 56 % 500 52'% Feb 56 Va Apr xl2% xl2% 6,900 12 Va Mar 14% Jan 12% * ■ 103% 108% 50 106 110 Apr 24 Jan 11 % Feb 22% 3,800 10% 10% 700 12% 13 700 12 23 23 100 21 900 7 Slocks 8% 1 19% .. 8% 20 400 5 __ Feb Feb 21% 10% 25c Inc 14% 9% Mar 21-% 1 Allied 12% 12% .20 Realty & Construction— Tobacco & 12% 56 Va 1 common.: 21% Mar Mar 18 Va 39% Feb Jan ... 16 24 Jan 0% Mar Jan 20 Jan Mar /',44% Feb Jan ■ Tobacco Security Trust Lid— Co > 5 ®g Mar . . f. ■: 6 - * Mar ' % Mar 20 50% 70c Corp. 4%% preferred— .100 99% Shipyard Toklan def rets Corp common Tonopah Mining of Nevada....—_ Trans Empire Lux 1,500 1,200 99 % 100 2,100 600 5 5 Vb 53,200 22% * • 2,;, 3% 5 Vn Corp 1,500 2 l/a 3% 22 22% 450 2 warrants Inc 1 % i'rf 1 % IIIi Corp Temper Trunz 51 Va 4 Va 98% 3% 1 • Ltd Oils 50% 4 4 Royalty Toledo Edison 1% 44% 3% Jan 57 Va Jan 4% Mar Feb Jan 94 12 Jan Mar 101 - __ 1% Jan 1% 2 Jan 2% Jan 2% Mar 3% Apr Jan 5 Va Apr 13% Jan 22 Va Apr 16% • — — 5% Mar Jan 7% lo 33 ~oia 34% 8%. B 6,000 25% 7% 9 % Mar Jan 19 % Feb 4 . Aircraft United Jan Feb 34% Apr United Milk Feb United Molasses United NJ United Profit 100 1% Feb 2% Mar 90 £i 2% 89 Jan 5 ~~ 18% 18% 609 "20% 17% 19 20 % 700 18% Mar 37% Jan 2% 99 Jan Mar 9 Va Mar 20 % Jan 20 Va Apr 9,000 32% Feb 37% Apr 12 12% 1.000 11% Apr 13 Feb 12% 13' 3,900 12% Jan 13% Feb Jan 5% Jan 5 V8 % 100 5 18% 19% 400 14% Jan 19%' Mar 2% 3Va 700 2% Jan 3% Mar 5 5 500 5 4% Feb 5% Jan series of Corp Co & • registered 47% 46% 113 1% 1 5%, . -5 V8 3,800 5%. - 38% Jan 7,300 7% 110 Jan 4% Jan 600 Co... i2.50 3? 43 113 6% Jan 2% 1,200 2% Jan 19% 3.400 15% Jan 20 Va Mar 21% class International 20% Jan 23 Corp Universal Consolidated Insurance Products Co common Sugar Valspar $4 Corp Apr Jan 30 221 Jan '98% Mar 89 y, Feb 6Va Mar Feb 36 /< 8% Jan 11 3% 5 it 236 Jan Apr Apr % Jan 5% Mar 36% Jan 43% Mar 170. 36% Jan 40 10 Apr 14% Jan 4% 4,900 Mar ; 11% 500 3% 3% 6,200 17% 17% 1,900 17 Apr 19 -Feb 64% 50 62 Jan 69 Jan 49 % 3.900 39'% Jan 49% 8% 3,100 6% Jan 2% Jan Feb 48% 48% 96% 96% 5% 5% 5% % 1% 200 1 % 1% 1,200 66 67% 400 56 y4 Jan 67% Mar 26% 27% 450 23Va Jan. 27% Apr 28 Apr 2% .2% 2,700 3 Feb 8 • 1 1 50c 1% 67% 97 125 2.000 10 Jan 88 5 Vb Apr 1% Mar- jg Jan 22% Mar 2% 2% Jan 8% 97 Apr Apr Apr 7V8 Feb 2VS Jan 1% Jan Apr 11 Apr 32% Jan Jan 4% Jan Jan 6 Vs Mar 3% 300 3% 5 5% 2,600 4% 24% Jan 12% Jan Virginia Iron Coal & Coke Vogt Manufacturing 14 Feb 26 "4 3% Vinco Jan 23 Va 25 Va Venezuela 9% Mar Apr Jan 26% Venezuelan Jan Jan Petroleum Syndicate Corporation L_ Inc 20c 1 Co 5,000 10 • 13% 13 % Feb Mar 24 % 74 1 Jan 7% 2% 7 5% Mar 22% Mar 24 Co 82 800200 23% Feb 1% 5% 24 Jan Vanadium-Alloys 5% • 6 Mar 5% 5 Steel 2 12% 6% preferred 200 850 11% 1 common convertible 1,000 1,100 32% Mar 4% Mar 42% 39 C 8 3.100 14 234 % 41 10 —< li7,; 13% Jan Jan 5 % 10 Oil 2'/a 13% 233 38% 1 Co common 6% 12 % 500 % 38% * common Reclaiming 6% 1 7% 6 41 % 1 2% 13% 500 Jan 94 64% warrants 400 Feb 33% 33 10c Securities.. with 21% 1% 8% Jan 4% —• B 1% % 6% preferred 1st preferred Stores Feb Feb 2% 2% 18% 6 33 1 . and Rubber 38% Mar Jan 2% 14 2,000 25 common Corp Foil Radiator Feb Jan 25 common U 8 U S Feb 4% Jan Apr- 19% • . Ltd.' see paee , 48 25 5% 10 U S United 96% _5% 25 U S 2% Jan 3 % 33% 75% 100 common Machinery convertible $5 96% 5% 10s Canal Conditioning Finishing Co Utah-Idaho 1 • common Air $4 200 Ltd— Sharing United Specialties U S 50c 20 Preferred U S 3.500 100 common preferred United Shoe 4% 37% 8% • A Omaha Products rets ord RR 4 3G'/« 4 a Products dep 10% Jan Jan 9% Mar i2i' Amer 4 37 = California— Elastic 2% 4,100 of Yards United Jan 2% Co —— 5 • Co preferred Stock Jan 1% 22 $3.75 Union 2% 10c Corp Canada. % Jan 1,300 200 98 % 35% Feb 9% Apr 27%. Apr 1% Feb 26% 1% 37% 8 1% 26% 2% 2,200 9 Feb of Oil 7% Mar Jan 400 Corp Chemical Union Jan 4% "7% Realization Unexcelled Investment *6% 2% —IIIIIl Jan 13 1—5 Inc Union 300 ""1 ~25o Co— common For footnote? pfd... $4.56 Corp Markets Roofing Gas 5% 98% "I 50o Seaboard Western Airlines..!.!H~~ 1 Securities Corp General III"l See man Bros Inc II„!• Oils Apr Apr 2% 5% Mar 9% I—1 common Chemical Union 400 ~7% 1 i. Co 4% 32% • common... 54% Mar 7 2% II 22% 44% 6% 1 (Del) Fisher Inc Feb 5s 5% nr,/ Petroleum TIHill Sapphire* Petroleums Ltd.. Scullin Steel Jan 2% 5 common Universal Inc 4% 29% Mar 2 £1 7 1 Oil 6% Feb 2% mrni B common common. Corporation den 50 98% 1 common Corp Ltd Jan 9% 21% 19 Universal St Lawrence 9% 4% 1% 1 Co Apr Feb Feb 3 * registered. Feb F.IIlOO —IIlO Co common Aeronautical Inc Apr 9% 1 registered. 3% Ltd.......12% common Il,25 Consolidated Ryerson & Haynes 800 18 deposit Jan 14 13% 13 18 Va deposit rets ord 35 24 400 8 2% 16% 13 25c Amer xl03 100 3% 20% Amer Jan 350 3% — 30% Feb Jan 15% 300 100 18% Apr 31% 24% , 5.800 30 % 9% 99% 151/4 5% 4% 32 % 18% 14% 300 24 24% 5 % 3% 32% 30% Jan 300 34% 4Va _• Cement Die class B Technicolor Todd 102 Ave Ryan '■< „ *1 , Jan 8 g Steel M 5 L. Corp Electric Power Mar 1,400 Inc Class Tampa Shovel 10 " Talon Texas 11,400 ,V & Oil Thew 45 1 %-• 11% 3 Tool Finch Jan Jan 100 a Superior Jan 9% Jan 8% Mar 9% 9 1 Field Inc Royalite Selby 2,100 19% • common Portland 3% 40% 200 9% Co— Gas & Elec 4% pfd Royce Ltd— Amer dep rets ord reg Rome Caple Corp common Scurry 44% 19% 1 Drug common Supermarkets Corp. 6% 40% Mar Apr 44 % 8% 9 Ii I—50o Rolls & 43 1 (S) Superior Jan 19% 10c Sun Sunrise Feb • common Co 1% Jan 44V4 9 ; & 9,900 4% 2% 8 com Stroock Ray 14% Mar Jan 2 1 common Corp Inc & Shop 20 Feb • Co (Hugo) Stop Jan 11% Feb 8 111% .5 1 Rochester Sayre common. B Co B) 18% Mar 7% 21% Stlnnes Swan 36 % 6% Mar. (J 3% 250 1,200 2% 10 Sterling Aluminum Products Sterling Brewers Inc Sterling Engine Sterling Inc 500 19% 13% 1 Corp ordinary Corporation & 4 ' 19 1 : Canada Feb 6% III Co 3% Jan 13% 1 Jan 3% 6% 1 Argentine Mining Co Schick 1 20 Jan 64 6.23 Radiator Savoy common 100 6 37% 1 Grande Fvan 5% ■ 1 37 37% _ Rowe 50 Va Mar Jan "7% 14 Inc Richmond Rotary Jan 4% 7% loo Remington Roosevelt 41% ~7% 10 B (Robert) & Co Reliance Electric & Rio 400 7%. ..1 Reis Rico 49% 49% Feb Mar u Investment common. Concrete Rlce-Stix 6% Mar 49% 9 * Standard-Thomson I Corp Standard Tube class B True Pump Co Shoe Co Regal 25% Mar Jan 7 % g Reading Tube Corp class A Reda 26"% Mar Feb 5% 8% 21% & Utility Packing Co 1 Jan 24% 26% 28% Jan JO R Rath 25% 100 300 600 7% Mar Mar 50 1,500 Parts Co Railway Jan 5% Corp.. class Tri-Continental Power 46 50 26% preferred Products Trans Quebec 48 Mar 8 32% Mar 25% Steel iq Manufacturing 47% 8 % Mar Jan Jan 5% 20% Mar 26% Jan 51/2 28% 251/b Jan i 7% 500 3,000 26% 13% • 1,200 7% 31% 47% 25 2,000 100 Timber common 7% Jan Feb 31%/ 29 1 19% _• 7% 7:. 3% "5% 35 % Mar 18% _• preferred Pulp 7% Jan Apr Jan 18% : 'Apr 4% 31 • 7% 5% 18% Apr 35% Jan 3% 4% 1 4% Colorado— cumulative Sound Pyle-National 10,700 Jan 15% Mar 30% Mar 32% (The) 1 — 4% ... 1,900 of —2.50 B__ 4% 4% 1,700 9,200 35 Co .100 Nevada 300 18% 32% 25 Steel • class 5% 17% 31% 34% preference—: Starrett 3% Mar Apr Apr * 38 Mar 1 5% 4% 33% Jan Jan 21 —• 3 % Mar 27 Jan Mines Ltd—1 Corp of 5% 1 Apr 27%, Apr 34% Corpi preferred Power Common Feb Apr 100 iKyj Convertible Apr Feb 25 26% 6,200 18% Feb 400 13% * America "4% 32% 23% % 600 Va 26% Mar 16% Mar 28 5J0 2.50 common of Providence Gas % Pyrene 6% 1 Co East Dome 4 % % 5% —10 common 300 37% Packaging Standard • common! of Canada Metals Producers Puget 2% Mar 5 preferred—— Prosperity Public Feb Jan fi l_25o Alexander Prentice-Hail Preston 20% 1% 50 common common Lambert Pressed Standard 71 1 Mining Co 1st Standard 105 % Mar 300 shares—10s Wine Co Scale Corp 6% 12% Mar Jan 300 • Corp common Lake Erie Valley Pneumatic Power Jan 101% 5,900 1 Pittsburgh & Pittsburgh Metallurgical Pittsburgh Railways Co Powdrell Oil 8% 25 "1% 10o Ltd 106 % Mar 200 16% 27% Industries 28% 1 Amer Mines Aircraft Polaris Standard 1% (Mass) __20 Common Johnson Gold Pleasant Feb 2% Dredging convertible 12,000 103 1 Pioneer Jan 32% 16% Apr 37% 19% 2.50 89% Mar Mar 25 ~4'/a • Peppered Manufacturing Co Perfect Circle Corp Phillips Packing Co. Phillips Screw Co Piper Mar Forgings $1.60 Stetson & Jan 6,600 1 29 19 1 - 74 1 Standard 28% 2.50 common 800 • Standard 1% 2 Corp 42 % Mar 6% .—25 19 • Jan 8% Feb 17 preferred Co Mar 28% 1 Ltd 40% 27% 1 1 Corp Inc.. Apr 106% Mar 21% I Corp Plymouth Mills Traffic Pierce 11% 103 1 A 600 8 6'/< 32 12.50 2 Company Co Co Pennroad Pep % 11% 2 Jan Shoe 21% share—1 Bol Parkersburg-Aetna Penn 2 50 • B Patchogue Penn 4.900 11% 103 vtc_.2 Bol A) 41% 84 3% 1 2 Pen Patican 104 2 Va • (C 330 • common Petroleum Chemical ...Class 100 common Pantepec Oil (C A) Amer Paramount Motors Corp Parker pfd preferred Page-Hcrsey Pancoastal Park 1 — 5% Service 220 104 1 Ltd Light 105 % 105 104% 105 104 104% •" Public Jan 28% Mar • • Power Royalty 1,500 preferred Pacific Southland % preferred Pacific Feb 28% cum Pacific Jan 4% * 4.32% cumulative preferred— 4108 % cumulative preferred Southern Pipe Line—i —. 28 dividend Pacific Apr Mar 28 % div preferred 13% 28% $4 75 $4.50 Jan 15% preference convertible 28% 28% $4.40 Lighting 5% 100 £1 preferred cumulative 28% 25 4,000 3,700 26% Edison— convertible 4.48% 29 5%% 7% 18 common—. California 4.88% Pacific Gas & Co original 4.56% P Oil Jan 6% 32 20 Manufacturing common Coast Corp common 15 16% ~4% .—• —1 South Feb 41% 42 9% 20% Mar 98 Jan ft Mar 13% Mar 7% Publications— 0% Feb 1J# Mar 4% 5% 26% 1 Simplicity Pattern common Simpson's Ltd common.—— Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Sonotone Corp • 50% Mar 110 ; 2 : common Jan 102% 16% 2 $3 convertible preferred— 16% 1,700 ■ —1 — G Apr 200 • b Feb % ■ • O'okiep Copper Co Ltd Amer shares_10» Overseas 50 16 3% 3% Inc..——;--l Telev & 4,700 3% 1U Apr ■ Omar Jan 105% Jan 300 —• preferred— Jan 44 Va 230 -23 1 ..—7 common Corp common 2% 75 112 112 Gas——_——7.50 Natural . Company Town 3,600 50 106'/a 108 % 106% »0o Ltd Oils Okonite • 100 preferred 4 %s Power 3% 50 50 14 High 3% 32% 85% • Ltd Breweries Co 400 2,000 10 X41 41 • class A Signal Oil & Gas Co class A Slmmons-Boardman common Ohio Brass Co class B common 3 lis 3% 80« Corp Canada of America of Corp 3% 100 Jan 18% Jan 1 Low 16% • preferred l7/e 900 Jan 7% ~5% 25 common 3,700 Ve 14 9 . Range since High 3% % • . Power Water & Sherwin-Williams Class Okalta common 2,400 22 3% 3% 20c i Shattuck Denn Mining Silex Ogden Inc. 87% in 21 5 8 Shares Low 1 common Safety Control.————10o 8errick Corp class B_—.—-———1 Seton A Corp. Apr 2 Jan Radio for Week Sentry 2 pld—100 4'/*% Pub Serv Ind Northern Feb 1% 1 50 Co RR 22% 4 I 1 Airlines Northeast Jan 21% 1 American Rayon $3 preferred.50 Canadian Oils Ltd 25 Central Texas Oil5 North 16 % 21 '/a ll Amejr dep rets ord shares Norden Laboratories Corp North 9,400 21% Ltd— Products Metal Apr Sentinel B 4 Par 20% 900 Sales Range of Prices Sale Price High Jan 203a —————-—J Inc Lites Non-Ferrous Low Week's Last American shock. Exchange Range since Jan 1 17 20'/« * • STOCKS , High 20% ; common Pond Nilcs-Bement Noma Corp Share Niagara Shares Low Par Thursday for Week of Prices Sale Price Exchange American Stock r Sales Week's Last STOCKS 200 30% 15 Feb Mar 1954 Volume 179 Number 5317 The Commercial and Financial Chronicle ... (1749) AMERICAN STOCK EXCHANGE RANGE Thursday * STOCKS ' Week's Last Par WEEK ENDED Aircraft Low BONDS Range since Jan 1 High Low Wagner Baking preferred 7% Waitt & Bond voting ~7 ext etfs .100 Inc Tiernan & Waltham Watch Webb & Inc. Co Ward Baking Co Wasatch Corp $6 Western Tablet & 1% 8% 8% 400 8 Jan 9% 1 1% 158 % 3% '1,000 pfd • preferred Inc 16% 24% 24% 17% Jan 24% Jan 7'A 700 10% Jan 13% 30,800 % Feb 11% 225 2 % 10 17 11% 11% 42 44 10% 15 % Jan 17 Apr 13 Vb 45% 1,100 Interest Period 8% lis 2,900 1970 A Western of N or Sale Price 1993 Elmira Water Ercole Murrelh Lt & with Nov A6%fl ex Finland Nov Thursday's Bid & Asked 1 6s & 1953 with ex A Italian RR AMansfield 19H3 Midland New Valley RR 4% England Nippon Power mortgage 6%s due — — 6%% 3% 1941 AO %s 97 19 «8% A6%s 6%s 1953 1963 3%s ARuhr 6s Water 3 %s 1st A rer 1960 Corp 6% 3s deb conv 3s B 1965 Corp Btinnes (Hugo) A7-4s Terni 2nd with A7s with A7s ex Aug s 3%s 1970 trust 1966 Penn 90% 103.41 100.50 103.39 3 f s 1953 coupon coupon 101.12 99.21 101.35 101.11 56.43 115.64 56.54 115.90 100.38 103.26 99.16 101.21 101.00 103.11 56.79 116.61 100.24 103.42 99.20 101.19 101.01 15 313.77 103.03 56.78 117.00 100.24 103.31 99.05 101.17 100.94f • Averages Closing Apr. Apr. 13.— Apr. 53.53 Apr 15 53.34 Low 47.32 Jau 4 101% 99% for ended week 88% 84 . 103 125 135 148% 88% 62 193.9 246.8 4-1.3 250.1 222.7 217.6 4 1.7 221.2 193.2 273.7 4 249.7 2fFi7 Non-Durable ' Goods 211.9 211.9 131.4* Finance and Mining ____ . "New 276.6 216.5 0.3 131.4 124.6 —0.6 265.7 1.1 --0.1 219.5 266.0' Service i 219.5 209.5 0.1 266.0 233.1 131.0 218.2 Utility Trade, 101 + 4 98 high. Transactions at the New York Stock 100 1 97 100'/a 99% 99% 101 106 106 107% 103 103 101% 104 Jan-July 104 97% 103% 103% $90 $91 99% 102 93 9> Stocks Number of Week Ended Apr. 16, 103% 93 90 Shares 170% 171V2 — Bonds $95%. 95 — 2,332.560 3,240,000 Thurs. Apr. 2,204,820 3,294,000 616,000 1,787,400 - 15 .June-Dec —„— 3,917,000 Holiday 8,345,400 $14,92v),£00 $9,000 $2,022,000 $12,889,500 Jan. 1 to Apr. of shares.—_ 7,033,130 8,345,400 16 ,, 1954 ,19 53 133,570,354 128,103,589 1953 1954 Stocks—No. Bonds U. S. $1,000 $5,500 Government $9,000 $83,000 431,000 343,000 2,022.000 2,642,000 46,291,100 Bank 12,889,500 12,098,000 233,305,100 $14,920,500 Railroad 31,693,240 225,702,600 $14,823,000 $280,032,700 $257,739,840 Foreign $30 — 3.645,000 7,000 Week Ended Apr. 16 $93 — 3,482,500 384,000 Fri. Apr. 16 International ; $3,870,003 405,000 90 ?30 " • Sales $2,000 $3,257,000 3,098,500 $617,000 2,020,620 Mon. Apr. 12___— Total. 171% Bond Bonds Bonds Wed. Apr. 14 Tues. Apr. 13____ 173 152% 18 Government Bank Foreign Bonds Total United States Int'l Railroad and Miscel. 92 81% 153 J170% 173 1954 101 $100 Exchange Daily, Weekly and Yearly 102% 106 198.5 " 1037. 101% 101%: $101% 102% Low 213.9 276.6* Goods 88% $101% 102%; 100 -1954- High O.a 221.2* _ Transportation 135 66% 38 with highs and lows Change April 2, '54 213.9* 250.1* — Durable 136% 133 prices based on the closing prices of the common April 9, 1954, for composite and by major in¬ 155% 135 102 % 103 ■ Feb-Aug 1956 16 100 1953 1956— 2 44.40 Sep with the preceding week and as follows (1939 = 100): Manufacturing 93% 133 the April 9, '54 101% 93% 132 49.80 Feb Low Holiday Percent 103% $123 High 53.53 15-- 16__— for lf)5» Range 53.43 for the current year are 91% 101% 101% 154% 1954 for High 14 Apr. Apr. Range 53.25 12 dustry groups compared 102% Co— 1947 101.39 ; 105% 99 $93 April-Ocl 1940 coupon 1 1 4# Bond# 99.17 SEC Index of Stock Prices 150 103 102'/« 1102% 104 — April-Oct 1946 1940 T#tal itle® 102.02 1 92 85% 10 90% Jan-July and Industrial. Corp— gold 1941___ May-Nov Traction I960.—. 5s Newspaper Union Jan-July *.$116 120 — 96 — 96% 133% 128% 120 — —Feb-Awp . __ Total 132% .93 43 96% $105 106 103% 105 $110 Jnne-Dec /j/«*-rw 1959... 6s — 120 — June-Dec 1945. Corp deb 6S ser A 1963 Washington Water Power 3%s 1964 Western 1C0.49 10 Utll: 102.34 Composite 103% 103% __May-No® Wasatch West 115.60 103% 102 13 150 1101 Feb-Aug 1989 5s f debentures mtge 1971 1946 1 Industrial A6%s ABs Dec Dec 89% 92 .Aurll-Oct 3s Aug 1 1947 coupon Electric Service Co— United 56.45 Fri. 143 Feb-Aug 1970 ex United 101.84 ° Industries— Hydro-Electric A6%s 3%s 5s coll stamped A6%s Rails 303.98 Corp— stumped 3rd Stinne3 Bros Inc (Hugo) A7-4s Ralls Mon. 145 Jan-July 1973 (Califl Electric & trials Compiled by National Quotation Bureau, Inc. 91% 81% 26 1154 Feb-Aug Gas Gas & Stock® 50 133 103% 103'/a — 1962-Jan-Jwly .—Mar-Sept 1978 Gas G) ltle* 102 49 142 189% 103% Feb-Aug (A roads 311.76 96 141 1137 $93 1976 Starrett . __ $117 D Spalding Grade 309.19 115 98 % 90% 89% 1143 May-Wop series Southwestern Grade — stocks May-No® 3 %s E Indus¬ 122 Feb-Aug Counties 93% 115 122 April-Oct 1981 1976 California 65 Thurs. 96% 154% 154% $122 C series Util- 13 $30 series Southern Second Rail¬ Dale— 130 90% 1998.Jan-July —_ series Southern First The SEC Index of stock .+—Feb-Aug Gas Co Edison 3s 10 10 141% ... 1954 1973.., M -Bonds— Totel 106% 141% April-Oct 2%s Zs/s% 104% 52 -Mar-Nat June-Dec 1960 coupon Power California series and Averages 14 100 V4 1110 April-Oct Sapphire Petroleums Ltd 5s Boutiiern 12- 65% 94% 102 Aprll-Oct Corp 6%s A 1953 Housing Corp 6%s 1958— Harbor , IB 67% 58% 140 Jan-July 1968 Gas ARuhr 6 Co- Public Service Electric & cmII of 20 Wed. 145 Jan-July to for r certificates Over-the-Gounier Industrial Stock Ltd— 1947 coupon 1 Electric Transaction April 91% 1140 May-No® 1940 1 r April 101% 64% 65% 196 Jan-July Oct Oc t ex A Prussian 65% 102 April-Oct Hydro-Electric with range), April 18 10 90% 1110 Afay-Nov 1970 s Piedmont Safe ~~ liq tr ctfs. Jan-July Pennsylvania Water & Power 3%s 1964 ; year's z Ex-liquidating dividend transacted during current week. ' 193 1961 extended 1953 in Ex-rights, flat. above—"cod," 309.39 3 30 1963. 3%s 1st mortgage mortgage 3s 1971 1st y trials ::: 93 Jan-July May-No® . Power Ohio 1952 Trust 7s Electric Power Co A 1st No. 106% 1952 coupon Smelt & included sales being no the are 9 ' 1946 7%s 5% High 105 + june-D" 1970 4s 1947"coupon Min 4% Indus¬ Jan. 1 100 June-Dec Power Realization ALeonard Tletz 13 150 63 June-Dec 3%s 1940 I I 4% in 104% Mav-v^* 1953 Western Nov Nov 4% 10 Range Sins® Low £65 Hydro-Electric Co— A7s 5% Stoc ke April Bonds 132 May-No® 1953 So St Rys 5%s 1938 A7s 4% daily closing averages of representative stocks and bonds the Mew York Stock Exchange as compiled by Dow, Jones & Co.: on April 101% 197 Mtge Bank 5s 1961—-Mar-Sept Power s 38 year's range), d Ex-lntereet, f Ex-distribution, g Ex-stock dividend, b Ex- range), (not Ex-dividend, x Tues. 1956 coupon 34 5% (not included receivership. used Jan 1 May AHamburg Electric 7s 1935 A Hamburg Elev & Underground Isarco 2 Sold High Jan-July Mar-Seyl 1940 coupon debs Mountain Guantanamo 5s 1947 1 transaction range), traded in Apr 150 90 % 90 % Map-Not ; 1965 RR Residential AGesfuerel year's being Elec Mlg Co—. A6%s Green 10% 99% 100 Jan-July 1993 B 3%s 45 4% (35 Stocks) A series 4s Fuel 1 4% transaction Division— mortgage 4s series & in delivery RR— mortgage Gas Bonds listed Week's Range Last june-n#* series Authority 3%s 1978_ Jan 1U Jan Boston & 46 39% 32 79 32 5% .J&n-Juiy included in year s (not Under-the-rule n Date Low 1st 45 32 Apr 150 A 1st 44 - _Juti-Juiy 1919 Jan Jan 103% 104 J 45 ..Jan-July 2012 2s A) Deferred a transaction Below Jan 11 % 10% "l% "l% 37 42% 30 • 104% 36% $46 Stock and Bond Feb 323/a June-Deo Eastern 6%s Jan 107% Mar 800 '/a Quar-Feb - 2% 12% Feb 2,800 11% 43% Appalachian Elec Power 3%s 1970 Bethlehem Steel 6s Aug 1 1998. Lackawanna 1997— (Plan +* Jan Feb 250 17 3 g Ltd 2%s 100 87/e Mar Jan % 102% American Stock Exchange Lack __ __ Apr ii Thursday Transit __ 105 % $38% Feb 13% % 10'% 41 deposit; "cons," consolidated; "cum." cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificate#; "w 1," when issued; "w w," with warrants; "x w," without warrants. 3% Mar 11% BONDS Edison .Mar-Sept .June-Dec § Reported £1 Chicago 1 Jan Ltd— Hargreaves $104 Wl.. stmpd Abbreviations Jan 5% Mar l 6% Delaware 3s value, included A 8% Mar 21 % Jan 16 fig High V*~ $64 .Tune-neJ $Thursday's bid and asked prices; Apr Feb Apr . 100 deposit receipts preference Wright Odd-lot Jan Feb 11 1 e Jan 8 % U34 -common Low 41 __ $67 .June-Deo 1921 par 19 4% 13% 29 pfd Vis "No (not 6 4%% A5 principal. 3% 8% ,_l Lt Jan. 1 No. $67 E Government Jan 500 "5% 8 % 1 ^Russian Jan 2,400 I'/e 5 -May-No® .Aprll-Oct Range Sine* Sold $78 ... 1047 1927) series fund Janeiro de 35 26% 7 2%s f s 11% 20 % Mar $40 uuue-isei. Bonds High Mar Apr 2.200 of Oct Sinking 183% Apr Mar Thursday's ! Bid Si Asked (Republic oft— Rio Feb 6 Jan 16 1.400 8% 23% 8 American , 113% Jan 25'A % common (P Wl Mar 9'/8 Mar 475 8% Industries Inc Woolworth 775 9% 17 1 Ltd Woodley Petroleum Jan 4% Co & 4% 109 2,700 I Newspaper Machine Woodall 9 % 16% —_l Inc Petroleums Jan 32% Mar 9% 7s (Issue Extl Apr 175 1 preferred Wood 60 5% 2-5 . Co & Products Pwr 110 5% • com Oil Corp Corp Brothers 110 5% pfd__100 fl Stores 1% 165% 156 __1 conv & 3% — — • 1st Jan Peru Apr Apr 3% Mar 280 3% Apr 14 Vi 255.700 157 Feb % 1% 1.25 Stationery Auto 5% 7% 158% Whirlpool Corp Wisconsin 1,150 • Weyenberg Shoe Mfg Wilson 14% or 2%s 2008— -May-No® Mortgage Bank 01 Chile 6a 1931 Mortgage Bank of Denmark •»« 1079 Parana stamped (Plan A) 2%s 2008 Jan 13 % (Plan A) stamped 1951 A Jan 10 Wilricli 25 Apr 20 (R C) Jan 1 Inc Williams 21 9,500 Coal Willson 25 1% Westmoreland (Win) 4,000 23% A7b 16% Mar 1 Westmoreland 5 % % Jan 1% Mar Jan »« 8% 1% White's 110 Apr Jan 12' 100 10c Utilities River 108 14% • Maryland Ry (The! 20 108 14% warrants Western Wichita stamped Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 Jan 1% Western Leaseholds Ltd Whitman 7% 1 common Knapp Inc Wickes Feb 23% series preference Wentworth Manufacturing Texas 6 —1 $6 West 108 — -30 Sale Price low 3% Mar —I $2 cumulative preferred Wallace Jan 3,200 ~7% Last Period High 2% — Interest American Stock Exchange AMedellin — Week's Range Thursday Shares Maranhao Co IS for Week w Waco APRIL f Range of Prices Sale Price American Stock Exchange FOR Sales 111% 107 110 997/a $100% 102% Transactions at the American Stock 102 Exchange Daily, Weekly and Yearly Stocks Foreign Governments and Municipalities Week's Range or Thursday's BONDS Interest American Stock Exchange Period Last Sale Price 20-year 7s April 1946 A 20-year 7s Jan 1947.. April-Oct Tan-JnW ACauca (Germany) 7s 1951_„ Valley 7s 1948 Central Bk of A6s series series German State & Jan-July B 1952— Feb-Aug 1951 April-Ocf Municipal Loan 5%s 1955—May-No® ADanzig Port & Waterways 6%s 1952 Jan-July AS f Cons secured Munic 6s (City) Ger A Hanover (Prov) 6%s A Lima City 7s 1947.: .....Feb-Aug 1947 AHanover (Peru) Low High ____June-Dec 7s 1939 May-No® 1949 6%s stamped — 99% — — — — -- — Mar-Sepl — Bonds $41,000 141 — 36,000 36,000 108,003 671,535 48.000 38,000 17,000 103.009 637,565 57,000 57,000 9,000 123,000 $103,000 $491,009 .... .... — $135 — 105 97% 99% 99% 21 21 dll2 115 100 100% 140 142 119 119 $54% — ^ Total $157,003 472.725 13 $46,000 — . — 140 — _ 142 - 16_——— Fri. Apr. 2,354,059 Total $187,000 Holiday $201,000 — Week Ended Apr. 16 __Feb-Aug 1958 — $78 „ Bonds Wed. Apr. 14— Tues. Apr. 572,234 12_— Banks— Cons AGerman — Foreign Corporate $70,000 36.000 Mon. Apr. Jan. 1 No. $93% __ mne-Dec Prov A A6s Danish Range Sine# Bonds Bonds Shares) 1954 Government Domestic ol Week Ended Apr. 16, Thurs. Apr. 15—,——— High $93% __ Foreign (Number Bank. (Col)— A ABaden Sold Low 1 Mortgages Agricultural Bonds Bid Si Asked Thursday $97 96 — 16 4 4 23 11 10 2 — 105 115 96 117 99% 102% 17% 21 1954 Btocks—No. of 1954 1953 2.354.05S 2,022,735 35,878,727 37,003,805 $187,000 shares $213,000 $3,193,000 $3,875,009 201,000 434,000 4,681,000 7,581,009 103,000 104,000 1.925,000 2,052,009 $491,000 $751,000 $9,799,000 $13,508,009 Bonds Domestic 105 135 93 123 Foreign 142 125 51 Foreign corporate 137 119 61 1953 Jan. 1 to Apr. 16 Total ... government 1 32 The Commercial (1750) 34 and Financial Chronicle... Monday, April 19, 1954 OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED APRIL 16 Thursday Boston Stock Exchange Thursday Week's of Prices Sale Price Par 100 Tel. American Tel American Woolen & * 164 I/4 165 % High Low 2,100 155% 165% Mar Jan 19 % 18% 19% 840 15% Jan 20% Apr 35% 16% 909 29% Jan 36% 125% 80 124 Mar 127% Jan "50% 49% 50% 762 49 Jan 52% 100 5% 5% 6% 291 5% Mar 7% Boston Personal 125% 126 —* Hecla 5 Co 29 8% 29 8% 8% 180 26% Jan 160 7% Jan 10 93% 95 * 27% 27% 62 10 Cooper Range Co Common 8% 9% 285 ; National * 167 47 45% 47 30 22% 23 * — 51% 110% 53% Jan 95 28 * 10% 39% Jan Apr 45 % Apr 63% 108 50% Jan 64'A Apr 10 40% 42% 60 40% Apr 45% Jan 56 56% $17,137 63 Jan BONDS— Cincinnati 4%s_ Trans Jan 8% Mar 44 55 .1998 56 - Jan 356 49 Mar 53% New York Detroit Stock Exchange 86% Jan 110% American Jan 9% 6% 35 6% 76% 78% 290 64% Jan 78'/a Telephone: 50 29% Jan 34% Apr Jan Apr 40% 41% 589 37% Feb 42% 23% 24'A 100 19% Jan 13% 13% 13% 120 11% Jan 13% Apr 5 13% 14 180 13% Mar 18% Jan 8c 8c 13c Feb 14% 15'/a Detroit Stock 28% Mar Haven New & Hartford RR„100 Norbute Corporation 14% 118% 119 118% 22% 23% 80c 22% 2.50 80c 7c 500 Mar 15% Mar Allen Electric Altes Brewing 1 31 % Mar 80c 50 2,000 94c Apr Pacific Reece 23% RR 50 >. 16% Rexall Drug Inc.- 699 1 6% Rubber 25% Feb Big '18% Feb Bower Roller 230 Feb Feb 7 Association _• 19% 19 Torrington Co - . "21% Jan Bear Burroughs 22% 22% 23 * 25% 25% 26% 18 System Mining Co 325 21% Jan 23% Feb 1,800 24% Apr 28 % Jan Consumers Westinghouse Electric Corp.. $4.50 Davidson Bros 12% 12% 165 11% Feb 48% 49% 1,708 44% Jan 51 Mar Detroit & 40% 42% 675 36% Jan 43% Mar Detroit 33% 33% 34 255 29% Jan 34% Apr Detroit-Michigan 48% 48% 50 44 Mar 48% Apr Detroit Steel Steel 12 12% 92 12 Apr 13 63 65% S58 50 Jan 65% 13% Jan STOCKS Apr Exchange Range Sale Price of Prices Low Par Laundry 20' j. Carey 10 Champion Paper Cincinnati Gas Electric Cincinnati * common Cohen (Dan) Shares Low High Drug 19% 110 17% Jan 19% Mar 41% 47 32'/a Jan 41% 20% Feb 23% Apr Jan 72 Apr Jan 77 Mar Masco Screw Apr Mount Clemens 47'A 76% 76% 399 69% 4% 4% 877 16 16 4 20 16 4% Feb 20% 20% 20% 170 18% "Jan 20% Feb 36% 37 344 35% Mar 38 1,300 ;8% Feb 11% Apr 6,845 28% Jan 31% Apr 2% 2% 100 2% Jan ' ; 207 55 44 111 42% Mar * 77% Jan 59 75% 77% 677 68 1 20% 58 20 Jan • 14% 14% 89 12'/a Lansing 10 62% 62% 29 60 Jan • Cyanamid 29% 29% 20 29 Mar —10 American Radiator American Telephone & Telegraph 48 Apr . 62% Feb 30% Jan 17% 15 13% Jan 164'A 104"% 5 100 48% Apr 17% Apr 252 155% Jan *65% Mar 48 17% 164% 48 American Tobacco Co 25 60 60 62 Anaconda 50 35% 35% 10 Mining 20 44 90 58% 36% 283 42'/a 1,214 Mar Feb 65% 200 3% Feb 4% Jan 3% Apr CM ^co Mar 26'A Jan 3% 3% 3% 700 2% 26% 26% 26% 390 23% Jan 5 3% 3% 3% 200 3% ,Jan & 69 Chemical- 68% 6% 6% 259 •— 2% 2% 1,000 13% 13% 251 14% 15% 1,135 7% 7% 292 . 1 69 3,561 26% Apr 4% Mar 69' 59'A Jan 6% Mar 2 Jan Apr 7'A Jan 2% Feb Jan -10 — —2% «... 1 7% - - 12% Mar 14% Jan 7% 15% Feb 15% Mar 7% Jan Feb _ 1 _ —. Wines _ Metal 4 Parke 3% Motor • Car Rickel (H Feb 2 1,200 Mar 3 % 375 3% Feb 1% 31% Feb Jan 2% Feb 1% " Jan Jan 34 2% 3% Jan Apr 3 3 100 2% Jan 3 Jan 3% 3% 900 3% Jan k Mar . 3% Mar 400 4 Jan 1; Jan 3% 3% 33% 33% 33% 550 32'% Jan 37% 4% 4% 4% 600 3% Feb 4% Apr 12% 12% 255 12% Apr 15% Jan 7% 7% 2,291 —5 Co 1 7% 1% 600 20% 349 3% _1 3% Jan 6 400 9% 20% 300 1% —5 Manufacturing .,. 9% 2 Paper ' Rudy 2,131 1 Products W') Raisin 2% 650 1% • Metal Brewing (Fred B) Prophet * 260 2% 32 2'A 3% .HI*' 1 —_ Davis Peninsular 2 _1 _ common a 2 __ 1 Products 1% 31% 1 _J _ 2% 1% 31% - 10 . 1% Jan 9' Jan 19 Jan 2"% Jan 7% Mar 1% Mar 9% Mar Feb 21 3% Mar Scotten Dillon Sheller 15 15% 16% lo 16% 660 13% Jan 15% Mar 650 15% Jan 17 ' Feb Mar 3 Mar 30% Jan 36% Jan 42 % 1 1 3 3 200 3 Vinco 1 5% 5% 197 5% Corporation Walker & Wayne Co —i—— —— Screw 16% —N 1 40% Jan 10% 14% 14% 14% 129 11% Jan 14% Apr Bethlehem Steel _• 61% 60% 61% 25 50% Jan 61% Apr Chesapeake & Ohio 25 34% 33% 34% 231 33% Jan 36% Feb Chrysler Corp 25 61% 61% 62% 138 56 Feb 64% Mar Cities Service ;lo 96% 93% 96% 111 78% Jan 96% 30 30% 6 27% Jan 33% Feb 14% 14% 41 >;i2% Jan 14 % Ape 27% 28% 155 10 10'/a 42 9 Products 10 Columbia Gas * Col & S 5 Ohio Elec Curtiss-Wright 28% 1 9 100 9 7 38 38% 5 - Eastman Kodak Co 38% 118% 120 <27% Jan 29 % Mar 10% Mar 37% 16 106 Jan Jan 39% Mar 120 Apr 10 55% 55 '/a 5 5 Department Stores 100 15 Mar 1% Mar 2,000 Los 15 Mar 1% Jan 41% 41% 30 107% 109% 185 86% Jan 109% Apr 47 Jan 39% Jan 56 Angeles Stock Exchange Thursday STOCKS Week's Sales Range Last Sale Price for Week of Prices Shares Range since Jan 1 Apr 8% Mar 238 1% Feb "•Par Admiral Aeco Apr 42% Mar General Electric • 109% General Motors 5 68% 68% 69'A 431 59 % Jan 69'A Apr International Harvester ♦ 30% 30% 75 28% Jan 31% Alaska 13% 13% 7 13% Feb 14% • 60% 60% 50 57% Jan 63% ^ lot Juneau Artists Allied Gold Mining Pictures Chemical & Broadcasting American Can - 1 • 4% - CO a3% a3% 100 2'A -4% 4% 100 4% Mar a85% a86% Jan 21% Mar 72 %c 3 5% Feb Mar Jan 1,065 78% Mar 78% Mar 51 51% 842 47% Mar 51% 12% 241 11% Jan 13% Apr 10% 16"% 212 15% Jan 16% Mar a40% a40% 50 37 Jan 12% American Cyanamid Co (Un) American & Foreign Power (Un) Jan 200 12% (Un)_l (Un) Jan 43c 65c 51% A— - 1 Thea Para 20% 12% • . (Un) 220 65c - High" Low High a20% a20% a3% Dye (Un) (Un) American Airlines Inc Low 65c _;_10 (Un)__ Allis-Clialmers Amer % a20% 48*, 48% 190 al0% al0% 10 200 48% 43% MaT Apr 37 Jan 48'A Apr Feb * Corp Corp Allied Dayton Power & Light 1% 5% Mar Apr 41% 5 15 15 1% 1 — Apr Apr 34 Mfg Jan 1 - Co Oil Federated Jan 3% 100 Superior Tool & Die - 10% 3% •( . Playing Card— — Mar 9 Feb 3 24% 1 Stamping LaSalle River . Pont 343 / 24% r~ 1 _ (S S) Feb 14% Jan Apr 21% • Unlisted Stocks—• du * 9 9 -10 - Jan 77% Feb 20% Feb 46% Jan 5 U S Ptg common City •' 2% Kresge Co Pfeiffer 57 Armour & 6% Mar 11% 16 Vb Mar Apr 43% Armco Steel Jan Apr Apr 31'A Apr 55 Ashland Jan Apr 44 American 6 441: 6% 25-. 110 11 Apr 55 S Feb 30% Motors 10% * U 108% 11% _ _ & Bearing Manufacturing 23% * ! 6% 12 31% 1 Electric Apr Gibson Art Rapid _ Ball Hoskins Howell Mar 37 B no 43% 5 ————_ Oil 9% 21 30 16 Apr Mar 64% Mar ■ >v Jan 1 Motors 53 460 „10 Gamble 39 Trailer 100 Kroger & 23% Mar 1,972 Brewing Packard Procter 56% Feb 1,685 1 __ 237/b 22% Formica Ins Randall class 660 24% Brewing Lakes Hoover Range since Jan 1 High 68% 76% Jan 8 for Week 68'A « Eagle Picher 62% Manufacturing General 22% 50 18 24% Stove Ealer 10% 37% 12% 27% Jan 6% Mar 1 Great 10 Milling.Machine Telephone Cincinnati Cincinnati Transit Apr 15% ■ Economy Goebel Sale* 8.50 common 27% 61% 1—— Corp 19% 41% 155 260 42% i 43% Navigation Products 22% 19% 200 7% 20 10% 22% 1 Jan 17% 110 — Kinsel American Balcrank Jan 12% 27% •43% .. Gemmer Week'* Last 446 61% Mar Fruehauf Thursday 11% 24% • Cleveland Frankenmuth Cincinnati Stock Apr Feb 17 . 10 Edison 65% 11% 3% Jan 17% -- • preferred 12% 12.50 15% 7% 5 Power 41% ->_* 300 —25 49% 50 Inc 17 4% Mar Jan 27% 5 Paper ♦ -5 3 High 3% Mar 11% 1 — Corp Consolidated Detroit U S Smelt Refg & Waldorf _ Bearing 5 ' United Shoe Machinery common U S Rubber Co— 685 200 17 11% Corp 25 Union Twist Drill United Fruit Co 3% 3 " ♦ Stone & Webster Inc. Low 3% Mar Oct 6% 1 Chrysler Shawmut Range since Jan 1 High 3% -2 - — 3% —- Markets Apr Feb 1 78 19% 6% 2.50 150 Products Shares Jan 15% Mar 23% 80 16% 1 .—10 - 14% 16 * Mills Folding Machine Metal American for Week of Prices Low 1 122% Mar 115 Sales Range Par 22% Mar 80 Week's Last Sale Price Jan 13% Jan 2,407 Exchange Thursday Baldwin Pennsylvania 2-5525 Jan 23% England Electric System——20 New England Tel & Tel— 100 WOodward Apr 34% 6% 41% New Exchange DETROIT 55'/a Mar 1 — Exchange Stock Building STOCKS Nash-Kelvinator Stock Midwest Exchange Apr 45% 34%. 77% Stock Jan 748 377 53 -1 Y Mar Apr -1 N 54 Watling, Lerchen ik Co. Feb 23% Mar 18% -5 Cos Apr 140 W) Mar 54'/a 52% 51 10 Service 34'/'a 12 % (F Apr Jan 107% 110% ,_1 Hathaway Bakeries Kennecott Copper National Jan Feb 79 1,265 * (The) Co — Electric Gillette 29% 8% Apr 22% 35 22% -1 Stores—. General 78% 50 45% Ford 100 Eastern First Feb 34% 44% 45% * Westinghouse Street Ry— 1st preferred series A SS Lines Inc common 6% High J-. 70% Members (new) Massachusetts : 95 34% Eastern Gas & Fuel Associates— Eastern Low 78'% Jan Trust— Prop Range Since Jan. 1 High 77% Apr when issued—, & Maine Shares 63% U S Steel—— Woolworth 77% 10 Co for Week Low * Carbide Rubber S Apr 25 Boston Service High U 35% Boston Edison Cities Range since Jan 1 100 ___ Boston & Albany RR & Union —HI—50 — Anaconda Cooper Calumet Shares Low 165 % Par for Week Sales Range of Prices Sale Price Sales Range Last STOCKS .. Week's Last STOCKS • Amer Potash & Chemical « Loew's Inc Montgomery Ward & Co Inc Radiator (Un) Feb American Smelting & Refining Feb American Tel American National New Cash York Packard • 23 58% Jan 74% Mar American 21% 12 19% Jan .25% American 3% Apr ♦ 1 3% 3% 40 16% 16% 40 57% 60% 71 Corp i 28 27% 28 19% 19% 19 % 50 16% • Oil Radio 71 21% Feb 60% • I Standard Brands 1.40 ♦ Standard Oil (N Standard Oil (Ohio) J) ~ 15 10 Armour 48 Jan 60% Apr Ashland 37 22% Jan 28% Apr Atchison Topeka,.& 25 19% Apr 22% Jan Avco Steel 31% 31% 52 28% Jan 31% 85% 82 85% 158 71% Jan 85% Apr 39 37% 39 110 32% Mar 39 Apr Toledo Edison For footnotes see page 43. 41% 41% 54 38% Jan 42 % 12% 12% 38 12% Jan 13 & (Un) Co Oil (111) & (Un) 100 al64% 39% Apr Jan 18 % Apr 75 28% Feb 35 Apr al64%al65% 1,108 62% 411 34'A 494 al9 65 50 vw_ 36% 36% 402 10 ;-u- 42 42 291 9 9% 350 13% 14% 670 1 Santa Fe (Un)__50 > 9 ' _3 156% 59 Jan Feb •- __ 165% Mar 65 Jan 37 Jan Mar 20% Apr 30% Jan 36 Vb 34 Jan 33 % 18 Apr Apr 42 Apr 8% Mar 10% Feb Jan 14'A Apr 12 89 95% Jan 33% 34 350 27% Jan 5% 5% 305 a98%al00% i_lo (Un) Mar 13% al9 Refining (Un) (Un) 35 730 33% 5 Refining! 126 ~-2Z (Un) Manufacturing Corp a42 18'A al9 25 * Mining Co (Un) I Armco Feb 100% Mar 34 Apr 4% Mar 5% Apr Jan 20% Apr Apr Baltimore Bandini Bankline Bearing i Corp Jan ' (Un) (Un) 18% Atlantic Schenley Industries Timken Roller Viscose 15% Mar 4 Co 28 Woolen Anaconda Copper Motors Pennsylvania Railroad Pure 71 • Central & Tel Tobacco 18% 17% 61% (Un)_* SS 9% Mar a35% a35% • & Feb a41 * - American 9'A Apr Mar & Ohio RR Co Oil Co Barker Bros common Barnhart-Morrow Cons (Un) 19< 20% 20% 20% 565 1 3% 2.95 2.85 Jan 14 14 3% 14% 12.845 2 Petroleum 2,420 11% Jan 16 Feb 12 % Jan 13 Jan 25c Apr 100 • 12% 10 _1 - 12% 12% 1,500 i_ 25c 25c 400 , 20c Mar 3.50 Feb ; Number 5317 Volume 179 ... 'VV '•••• Chronicle The Commercial and Financial (1751) _L 35 ;.'V OUT-OF-TOWN MARKETS RANGE Thursday STOCKS Oil Range Shares Aviation Bendix Low 10 V« :5 y Low , 10% 1,615 25 a68 a69% 14% 151 67 785 - 59 y2 59% : _ 67> • Jan Apr ~ Bishop •' Co— Oil Mining Chica Bolsa '.ZZZZZs — Corn Oil 11% 10c 10c , "v". 9%; —— (Un) Airplane Boeing r 9% ' 4%" • 9% ' 4% , ' 8% 170 Jan - Apr 9% . Jan Inc M't Diablo 4% (Un)__ Nash-Kelvinator Bond 1 (Un)__: " Corp (Un) J-: Byron Jackson Co__—— io: •; _9 Mills Burlington 10 10% 8% .10 8% 11 a20% a20% i.——10 10 Va Ap r New Idria New York Jan 10 Apr Jan 12>/4 Mar North Amer 19% North American Norrls Feb Canada- Southern* Oils——1: toy." io% : 323 Jan 9 Carrier Corp Case I) - Jan 25% Jan a61% a61% 25 50 Jan- 59% Mar al7(4 al7% 60 15 Jan 17 184 49" Feb 51V2 Apr 25< a51% io (IUn)—_ 25 24% • 320 Ceianese Corp - (Un): X'i 19: _• —_. / —1 Products Certain teed Chesapeake Sr Ohio Ry Co (Un) Chicago Com (Un) — Chrysler Corp ^Cities Service 4IJn) Clary Multiplier Climax Molybdenum > (Ufa) Foods Inc (Un)__ Pacific Colorado r Fuel & Iron Pacific Commercial Solvents -i Commonwealth i f ' , V 1^ , —__1 Consolidated - Continental Can Continental / Motors (Un) s Curtiss-Wright Corp Deere & Co , •4 341 • Chemical '.' Dresser • duPont (E I) 1 •; Electrical r Erie 1 • Radio Emerson & Railroad Eureka Corp Oil Exeter class Jan 24% Mar 57% Feb 9 V* 200 62% Apr 9% Mar . Motors Paint I/. a47 a 16 3 4 65 Corn Humor Co (B Tire , ... 722 Z"Pk, 23% 39% 39% 10 935 50 a 16% al7% 1.20 2,400 Jan 84% Mobile Feb ' Oil Hancock 20y> Jan 9% Jan * 3.7% Jan 108 23% 11 22% Jah, 25 47 yt Jan Jan, 9% Jan 10% Apr 11 10% 16% Mar % Jan 18»/2 6% 5V2 Jan 6% 100 38 Jan 20 Jan 23% 29' 995 87% Jan 111J/4 a60% a61'/4 153 57% Feb 68% Apr 68% 68 3 4 1,307 59% a9% 62 »% Apr 10 28% Jan 30% 49% 1,018 44% Jan 50 2.40 1,540 2.30 Apr 2.45 23'A 100 19% Jan 24% 125 32 % Jan 34% 85% 23a 46 2% ; Apr 2% 48% Mar 51% 2 800 a53 a53% 2% 137'a 50 13% Mar 637 a2534 a26% 133i 23% Jan 50 27V* Mar 44 46Vk 57 J/4 a57 Jan International Nickel 23% 24 1,339 1938 193« 500 1.00 1.05 a71 21 20 Jan 24% 19 V* Jan International Paper Co Int'l Tel & Tel Intex Oil Co 17% 17% 243 3 3 Jan 1.00 3 Jan 3 J/4 Jones & Laughlin Steel Aluminum Kaiser 5% Kaiser Motors Kern Land Gas Co Jan 31 a40 a40 50 37% Feb 38% a64 a64% 93 577/8 Jan 60 16% 16% 1634 1,037 14% Jan 16% 8% 85/B 8% 1,220 ^ (Un)_ Petroleum Lion Oil Co (Un) Lorillard (P) Co (Un)__: Magnavox Co (Un) Martin (Glenn L) Co(Un) Oil Mascot Co Merck & Mission Co Inc •"or footnotes see page 43. -. ■ . Apr 2% Jan 18% Jan 19% Feb United 663,4 Jan '76% Apr United Jan Apr U 1,019 40 50 .fa- — 50 a__ — 3,010 — a— 9 Jan 70c Feb Jan 38 Apr 36% Mar al3% al378 14% a24% a24% a24% 130 24 V4 Apr 25 J/4 Jan 17% al7% al7% 175 17% Apr 17% Apr a22% a23 47 1.25 1.25 110 41% 41 % 234 Feb 25 Mar 1.15 Mar 1.30 Apr 38(4 Mar 17(4 Jan 18% - 41% Jan 3% 3% 600 2% Jan 3% Apr 1.90 2.20 6.000 1.35 Jan 2.20 Apr a21% a21% a 674 22 % Mar 25(4 Apr 15% 15% Apr 40 21(4 Jan 21% Jan al8% al8% 84 a 1,940 Apr 1% Apr 10 19 V2 Apr 21% Feb 24'/8 Jan 26(4 1% 26 200 lf« Feb a__ 62% 435 58 Mar 62% Apr a8% 85 8 Jan 9% Jan a7% a73i 80 6 a91% a92 % 75 a._ 26% 27% 1,037 20% a7% . a._ a92% ' ■ 7% Jan Co Jan 28% Apr Apr 41(4 Mar 26 26'A 468 25% Jan 26% a34% a34% 26 32'A Jan 35 125 34'A 34% 12% 12'% 'f 1 13 16% 16% 42'A 44% 450 39% 34% Mar Jan 1,125 8 Jan 14% Mar 288 15% Jan 16% Mar 589 38% Jan 46 a 330 40% Jan 45% Peb 85 43% Jan 57% Apr 31% 435 28(4 Jan 31% Apr 61 % 52% Jan 61% Apr 1,917 • 61% 60% a82% a81'/2 a83 268 a__ 84% 84»/a 791 7a <• - — 10 a37% a38% 70 5 al4'A al4% 50 a__ (4 35% 84(4 Feb Jan ' a23 90 19V8 1,157 18% Mar 'V; 22% 19% 1,755 16% , 169 43 Va a44 a44'/2 — 22% Jan 50c 44% Feb 667 32 Jan a89% a91'/2 217 89% Jan a8 a8J/8 150 8% Feb 420 20% Jan 35 23% ;V a— Apr 89% Jan 9(4 Mar 23'4 Apr 23 VB 16% 16% 400 13% Jan 16% Apr 28% 29 810 25% Feb 29 Apr 6 % 6% 155 6% Feb 1 18% 19 591 15(4 Jan 19 Apr 5 5 500 4% Jan 5 Apr 20% 20% 655 19% Jan 22(4 Mar a77% a78»A (Un) 22% 55 72'4 Jan 74(4 Jan 1 7(4 Feb (Un) 38% Jan 46 50 all5all5% 86 112'4 Jan 118 10 a23% a24% 80 21% Jan 24% 55% 557/s 174 48(4 Jan 58% Mar a5% 25 45% 46 5 (Un) 46 Elec 5(4 Mar 5(4 Mar a5% 44 29 29 256 28 Jan 29 Apr a34 150 30 Jan 33% Apr 44 44% 1,012 39% Apr 44% Apr 67 66% 67 421 56 % Jan 14 14 14 100 13(4 Jan 54% 29 a33% • Oil —10 (Un) I (Un) 10c Jan 63% a 100 15% 7 a40 135 63'A 328 Jan Mar 14% Mar 27% Feb 29% Apr 17 Jan 17 Jan 39(4 Apr 41% Mar 50% Jan 63(4 Apr 8(4 Mar 23c 31c Apr Apr 27c 26,375 a8'/2 50 'A a42'A 650 a26% a27V4 a4IJA a42'A 60 23% Mar 25% Mar 65 40 Jan 40(4 Mar 7c a71% a71% 16,500 23c a40 '— * * 15% a8V2 7c 29% 29% a40% luc — Apr 23(4 14 23c 1 Corp (Un) 54(4 23(4 50 a39% a39% 10 Co— 46'A Mar 50 al4% al4% ■__• (Un) Apr Mar 210 a 12J/2 (Un) 14 54% 29% 4 10 67 'j a26 % a 26'A 54% 5 Youngstown Sheet & Tube (Un) Mining Jan Apr a33% 1 .10 5 Bakers.— Pictures Zenith Radio Apr 1,989 (Un) (Un) RR Company Inc Gold 69 % 1 1 Woblwofth (F W) (Un) Zenda Jan Apr Feb 36% Mar Jan 58'A 08% 10 19% ' 250 34% a69'/2 a91% 23% Mar Jan a68% a69% 7.60 Basin Oil Exploration Corp - 19 a22% 19% Apr 37% Mar a__ a__ 18% a22% Co Westinghouse York Mar 44% 57% a58'A —25 15 Apr Mar 31% a58'A • Calif common of Lines Bros St Feb a__ ___ Jan Washington Water Power (Un) Kentucky Coal Co (Un) Western Union Telegraph (Un) Wilson ___ 38(4 West Wllliston Apr 23 62% 919 Corp of America (Un) Virginia-Carolina Chemical (Un)____° Warner Apr 41% Vanadium Jan , Jan -25% 15% — Kamp's Apr 9% Jan 2.00 26% 41 Film Consolidated 23% 82y2c Mar Feb a22% 3*2 Apr 24% Mar com__25 (Un) United States Steel Corp de Apr 305 -' Rubber Van 13% 1 (2 14,525 — 26% a S Universal Jan 20 520 75c 46 a__ 200 9% 43(4 Apr Corp (Del) — Gas.Corp (Un) 2% 50 23% 19% Mar Jan 20(4 Mar (Un) '' Union Carbide St Carbon 384 75c Jan 38% a8% 25 • com Century-Fox 1' 19% ~ 15 42% Co Products Corp Jan Apr Jan 21 2 Aircraft 35% 1 5 Twentieth . United 90 16%c (Un) Apr 100 1 (Un) Development Apr Feb Sweet Warrants Mar 581 1 Petroleum Tri-Continental 33 5 Mfg Co Merchants Feb a39 1 Menasco Tree 33 ____1 Chemical Mathieson 10 22% Feb a 38'/a a39 1 745 19% Mar- 5 Apr 45 1,000 43% 80c 58(4 Jan 41(4 (Un) Air 400 51 49 Jan — Oil 23 • Inc Apr 72'/2c Feb Jan Airlines Com Pacific 9 * Lockheed Aircraft Corp 10 Oil Assoc World Trans Transamerica Union . Apr 29'A Jan - Union 23% 75c Jan 39(4 Jan 17% (Un) United —7 ,_10c 20(4 Jan 26% 35'/2 — common Feb a45yt a45y» a45% Loew's . SulDhur Inc Tidewater Feb a76% a78% —4 Apr 37 398 34% (Un) Apr 45 1 Libby, McNeill & Libby (Un) Gulf al034 al034 33y2c 17 550 190 (Un)_ Apr 2% 3>/2 Apr 51(4 Mar 925 25 321/4 a 31% Mar Apr Jan 48 J/4 1,197 1 51% 2% Jan 3'A , 26% 62% 1 Jan 19% 22% 100 378 1,453 (Un) 21% a a77% 260 , 18 common 169 2% 8% * 2.50 Co 8Ya Mar 51% Jan all5%all5% • (Un)_. Jan 340 14% 42% (Un) 20J/4 51% Apr 242 10(4 Mar 16% Feb 41'% (Un) 108 51% Apr 28% Feb 477 1% 5 a31 Vt a32 Ve a31% 5(4 Jan 8% 18 — a22% a23% a23 „1 Lane-Wells Co Lincoln 1.20 Apr 1 Company Texas Mar 11c a«-v8 ._10 (Un) Kropp Forge Co— Laclede a87% Jan 1 Jan 92% com Copper (Un) County 3c 820 (Un) Light a74% 1,300 _50 & 50 3,000 3034 92%c 97-%c IV* Corp Power Kennecott 8c Feb 22% 41 (Un) Sylvania Electric Prod 4% 955 1,231 40% ! (Un) Co Texas Textron 30% • Chemical & 7c & 6(4 Mar % V , 42% (Un) Inc Jan a20% a20 % 26 ___• Corporation Corporation 3 100 1 J Calif (Ohio) Webster St Swift Apr Feb a40 preferred Kansas a88 % a88 y« 7c of 100 . 26 15% 15 (Un) (Un) (N J) Apr Mar ■■ v ■■ 62 17% 41'/2 Co Apr 58(4 300 26% class A (Indiana) 47% Apr 1,043 15% .15 (Un) Oil Feb 58 % 39% 29'% 43 25 Oil 56'A Jan 44% 135 58% a20% a20% 18 J/2 18 Va __25 Petroleum Peb Apr 32Vs Mar 25% —5 • Ltd Co 36(4 36% Feb Mar Apr 13% 100 66 17j/2 " 33y3c 28»/« 3 '/a 51'A 57% 24% 20c — Edison Apr Jan 28% 72%c 72%c __ 25% preferred Sunray Oil Feb Mar 66 95C (Un) 29'% preferred Stone Apr Apr 1.15 Jan 30% (Un)___ 38% __ ___1 Inc Stanley Warner Corp 19% 800 a71 1.05 (Un) __ * ; Corp Studebaker * Harvester (Unt Co Standard Oil 29 y4 Mar __10c 1 Petroleum Intercoast International 26% 1.40 , Standard Oil Co 27% Mar a28% a28% 100 Co (Dell Standard Mar a56% __25c e'/s 5% 28% 10 al6% al7y4 3 J/2 51% 17% 33% 31% 175 - 9% __ 1 Standard Feb Apr 14 i .(Un , 1 (Un) Southern Calif Gas 6% Feb _1 RR > __ , 4.32% ■ Central — 4.48% Apr com Imperial Development __ 6Vi 5% 27% , 1 226 58'/a 10 Co Railwav 61% Jan 265 47% • Sperry Corporation (Un) Standard Brands Inc (Un) Feb 76% .12 Ry Southern Jan * Illinois Francisco Jan 5'A 4% Mar Apr 335 47% 1 — Jan 60c Mar 45c 31 % 725 v./;; a63 Va a63% Pacific 83% 17% a 63% 10 (Un) Southern 55% _6% Axle Comnany 52 Inc • __ Calif Peb Jan 32% 5 Oil Jan 11 27% 33% 36% 5 (Un) Oil 4 Jan 32% Petroleums Inc 3% Mar 10 367/a 58'/« Oil Apr Mar 57 58 J/8 Calif 43 Corporation 37% Mar 47 120 .. Southern a91 1 Jan 70 10% Apr 12 33% — Southern a62 a62 y2 ___-5 119% Mar • Southern Feb a 34 a89% 23% Jan 43'A Sinclair Apr 3a 23% a34% 300 1 115% 32% Apr 1,300 A Jan 18%: Apr Feb 207 a 2.30 49 3 • 8% -40 3 Socony-Vacuum Oil Co Inc Solar Aircraft Co_ Jan a30% a31»/« 25 1,140 -12.80 — 5 Shell 59% Mar Jan a26% 11% 16(4 Mar Signal Oil & Gas class A___ Apr a60% 1 36% 18% Feb —_1 Servel Mar 3 28(4 Feb Jan 1 ^ervomechanisms Jan 1 Apr 33 J/2 Jan Sears Roebuck & Company Apr 24% • 28% Mar Regis Paper Co (Un)._T San Diego Gas & Electric 40% Mar 170 50c (Un) 100 1,556; .33%C Aeronautical Seaboard 28% Mar 28 Va 36% 14 _• & Feb 28y< 16 Corp Spring 27% Mar 76 St Apr Jan a40 , 40 a28 32 50 Oil Co 15V\ Mar Feb 14 110 23% 41% Mar 36% Mar Jan 250 1 Finance 23% a34% Jan Jan 640 Gas 2s Industries 23 68% 39% 2d% a80 (Un)_____, Seaboard 13% Apr 15% (Un) Sapphire Scher.ley a39% a39%. Steel 1.50 Mar 104 9(4 16% 5% (J Mar 850 Jan 34% 27% Jan 75c Feb t 142 — Feb 3% 15% * Apr 4% Oil Corp Foods 18% Jan 165 16 y8 1 Pictures Louis San Apr - 3Va 16% 50 St Jan 20c Feb 1,251 -33VaC Safeway Stores Incorporated— Rights Apr Mar Mar 31% a30% a30% _r— (Un) Oil Ryan Mar 41% a 41% 6V« Rockwell Mar a27% a27% Holly Development Hunt 39% 35% ;f 9,507 6% 6%' 31% 10% 1 Richfield Feb 6 11% America (Un)__ Co (Un) of Ranch Rice Jan 100 a31% a31% (Un»—— Mfg Oil Jan 8,255 9% 28c 4 100 3% 54% Mar 18 y2 17% 17%. Corp Reserve Apr a27% Honolulu Hupp 18c a 18c a34% a35% Reynolds (R J) Tob (Un) class B Manufacturing Co Apr 117% ___10 Corp 23(4 Mar Feb Feb 119% 119% Rheem Apr al6 al6 % al6% Theatres Republic Jan 49c (Un) class Co 60% Jan ,/r 3% — 50c • 4% (Un)__ Hotels Jan 17 Co* (Un)_____ Pictures Radio 'Apr 7% Mar. Jan ' Hilton 54% 100 59% 26 17c 36 50c 1 5 Ohio (Un) & Corp 300 a28 Raytheon 50c com (Un) Aircraft 22 28% Apr 114 Jan 6% 34 300 , 1.15 1.20 —5 Oil & Chem Greyhound Corp 28 % Mar Jan 19% Jan a79% Republic 116 1 1 * pfd Jan 20'/8 al8c — (Un) Jan 480 10 10; .20 Rubber 20ya 119 (Un)_—J— Jan 93 ; ;_1 RR 403 3% (Un) 15% 200 a54% a56y» 22% .10 & 200 27 59% common— Car World 28 y4 2,160 . . Oil Motor RKO Apr a9% (Un) 4% —— common 26% Mar 390 al0% al0% _8 common Calif 4% 1 7% Mar 10% 107% m y* Co Co Northern Oil 11 : 93i Tel & RKO Apr 26% a22% a22% , . 6C 50 42% 4c 65 y4 Apr Mar Jan * Mar a22 'A a22% 11% 15% 296 155 42% > — (Un) of F) Great Lakes Gulf Jan 30 460 a Remington Rand Inc Republic Aviation (Un) 1,455 ..... 23% 117% 117% 1 prior preferred-: Gulf 10%! .10 Utilities (Un) Products Grumman 23% ._1 Gladding, McRean Glidden Co (Un) Great 6% 36% common Public Goodyear 6% : . 160 al7 36% : -_1 (Un) Telephone Goodrich 197 8y« Jan a35'/4 a35% Western Oil Jan 25(4 Mar 5,300 41% Dodge Corp (Un)_ Corp (Un)— Phillips Petroleum Pullman Incorporated (Un) Pure Jan 20(4 Jan 20c 4% common Phelps Apr 18 Apr 21% 9% Philco Mar 1% 17% a28% a29% (Un)J Co General $1 13 Apr 116 a28%; „1 A (Un)__ Corp General Good Feb iy« Jan —_25c Garrett Corp General Electric Gladden 12% .2 General Foods General 50 Apr * Flying Tiger Line —I Food Machinery & Chemical (Un). General Apr Mar 21 21'% . 1 — — Elec & Tel 14 17% „ 19c —1 — Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) Pfizer, (Chas) Co (Un)__ 16y4 Mar Jan 1 Co 43% Feb 8 Phonograph (Un)__5 ,(Un)_ (Robert) Jan 13% 6% 4 — Fedders-Quigan Corp (Un) Gaiir 41 • • 35 Va 5 (Un) Stores Jan 492 ————I (Un)__._ 1% Penney (J C) Co (Un) Jan 39% 150 10c Co Fitzsimmons 18 Jan 6% 10 3 Products 7% Mar Jan -100 (Un)_ Paramount Pictures Apr Jan 37% 10% ^_50c (Un)— (Un.)—J Eastman Kodak Co Ei Paso Natural Gas 14% 17% 162 .all4%;al09y.i &U4»4 f; Eastefn Air .Lines hr; 12% Jan 10 _.5 de Nemoura Feb l'/8 1 American Pan • 6% .____1 Dumont (Allen B) Labs class A «. 6% 500 Petroleums Packard Jan a63 al6% __— 25 Va ,160 1% 1 — Pacific Jan Apr a41% ____10 - Industries 260 6% 1% —10 1st preferred preferred Lighting common— Pacific Apr 18% 5 (Un ey8 45% - Apr 1 Douglas Aircraft Dow 29% 6% (Un)—_. (Un) red Pacific 88% Mar ' ; 25 y2 _1 (Douglas Oil Co of Calif—___; * . , - • 29% l'/a 21% Products— Gas 5fc 64%- Mar 200 ' . a24 a24% 9 Vs (Un) % 320 1 Va 1% >__1 (Un)_____ Dome Mines Ltd * •: al3ys al3% __ a62% ,_— com 175 preferred Pacifi6 15% Mar 175 y 15% 1 V» 25 30 V. , 43% 15% __20 Curtis.Publishing Co .lUn) • ■ .• —* 1 (Un)__ Zellerbach Crown • > (Un)_. .43% -- —1(4 • ■ 125 • a40 - Jan • 5% Apr 38% Jan : 295 14 '/a al4J2 Feb 80 25- ' ' --*• Co.(Un) 6% Apr 2.10 Peb 165 —1 Finance Pacific a__ — 56% 275 ' 17'A a39% *//. 3.800 V . a __50c Engineering Consolidated Vultee f • 6 • 45j/4 al7% al.7y«. <Un) Consolidated -Foods Corpl Consolidated Liquidating >' r 5% a25% a25% V ' Apr a__ I,43 a9tya a96% _25 " 26 771 al4%. • •'' Jan 62% 45% • bf N Y 19% 50 5%' (Uii)—. Feb 400 17 / . Consolidated Edison - a96%. (Un) Apr 36 61% —— (Un) Edison Jan 16 Apr .26 — Columbia Gas.System ,r 21% Jan a37 ■' 37 Jan 220 Co Clay Feb Jan 1.85 al4 _50e Pete Oil 63% 32 17% „ Co Aircraft Oceanic 4.80% — •-Clinton Apr 12% 34 26 .10 — {' • ..: 19 650 . . , a37 . 61%' ;— 515 338 . " 34 34 : 25 ^ 20% 19 yi&%y.vT6^ 16 25 1 Chicago Milw & St Paul pfd (Un.)—100 : al3% ..; Jan 200 .. ' ■ 13% 56% 210 . Apr a51% a52% 2.05 a__ , 25»/4 a (Uut Aviation Inc Northern Pacific RR Occidental Feb 2l V2 10 _25 :— (Un)— Tractor Caterpillar /- (Un)— Co •1,410 6% _12% (Un)_u Pacific Ry Co ;■/' Canadian (J Oil————2 Atlantic Canadian 36% 2.05 ._-_l — Co Northrop i"'..; 10% Mar 6 % Mar ' • Oil 36J/a __ 1 Apr ' ' (Un) Central KH 9 16% 3ait " 291 25 J/4 Nordon Corp Mar 8% 290 22% Mar 120 a59'/2 a60% — 17% Mining & Chemical 10% 1,320 - Feb - 7 W 315 11 a21 79% 9% -Jan ! 100 10 9% • a; __1 National Theatres Jan 41% Mar Jan —10 (tin) National Mar Jan 75% 1,670 . Supply Jhn 60 Jan 59% ; ■ .130 v Feb 20 .—5 —— (Un) (Un) 13% ^ 13% 50 ■ .160 a59 a84 a85(4 iO. / : 13% a a58% a85(4 10 _— Budget Finance 1'k pfd 60c convertible preferred.—:: :"y al3% :— 15 H)n)__;._—5 (Un) Company Borg-.Warner 4*»rp Broadway-Hale Stores - « v Inc Stores Borden High 38% 100 a33% a34>/B __ .—5 Low 137 21 y4 —1 (Un) Gypsum Range since Jan 1 High 21'A a59'/2 .—1 National Distillers Apr Shares a40% a40% — 3 Co— National v a40J/2 5 (Un) Apr 80 y2 Mar Mar 3'% 64 5,616 Motorola Feb 10c Jan 4c 1,175 ' 4% 11% liya.Feb • 34,000 a74% aZ6% • — i _. 200 11% 10c: ____10c 1 Blue Diamond Corp ."} llVs; —__ Mammoth Black Util .—* Montana Power Co (Un) • Montgomery Ward & Co Inc (Un)- Feb '59% Feb r- Montana-Dakota for Week Low -10 Mississippi River Fuel Jan 17% Mar Jan 50V8 1 (Hn)--. Corp 12 V« Jan 8 1 Sale* Range «f Prices Sale Price Par High ' Week's Last STOCKS . 17 (4 a 17% a (Un)——. Steel 16 Range since Jan 1 High 10% Instruments Beckman "i Bethlehem APRIL ENDED for Week «f Prices —20c Co— WEEK Thursday Lasft \ Par Basin FOR Sales Sale Price y-1 • Week's - 9 45(4 8c Jan Jan Jan 65(4 Jan , 36 The Commercial and Financial Chronicle... Monday, April (1752) 19, 1954 OUT-OF-TOWN MARKETS RANGE FOR APRIL WEEK ENDED 16 Thursday Midwest Stock Bala Price Steel Acme 5 10 * Co D) (J Admiral Mfg Co Aluminum Affiliated Gas Akron Brass Castings Equipment Mfg Laboratories Allied American Airlines American J (Uni Tobacco Class A 48% Aplr 200 20% Jan 22% 75 15% Apr 17% Feb 700 19% Feb 21% Mar 9 200 22% 22% Kaiser Alum *"5% Feb .10 Jan 8 Steel Power 9 400 7% Mar 974 Apr 100 4% Jan 5 Apr 3% 100 3% Jan 4% Feb Kennecott 300 25% Jan Apr Knapp Monarch Co 30 12% 13 800 11% Jan 40 41% 700 36% 41% 48% 48% 300 43% Mar'- 24% 24% 200 23% Jan 26% 27% 2,200 21% Feb 27% 5,000 13% Jan >18% Apr 30 1,800 Feb 156% • Feb 61% 61% 100 58 11% 12% 200 48% Apr 25% Mar 10% Jan 65% Laclede Gas Lamson Jan 17 300 10% Jan 11% 30% 30% 200 29% Jan 31% Mar 25 Jan 27V2 Apr 20% Jan 23 Apr 26% Jan 33 Apr 27 % 27'A 27% 22% 22% 23 800 — 32% 32 V» 51% 19% 13 23 74'A 3 51% 19% 13 'A 25 78 3 2% 2% 100/ 7% 10% ,17 9 16% 7% 1,000 ' & — 19% 13 23 % 77J/a — Co — 5 4 Sessions Co — 10% 17% 10 & Libby -7 9Va Co common 1 16% Chemical Co common..—133 Oil Co * 39Va McNeil Libby Lincoln Printing . Feb Lion class Louisville Gas & of Elec Ky 13% Jan 450 Apr Feb 11» Jan 19% Jan 13'A 2574 Apr Apr 78 Apr 700 -Feb 2% Mar 7 * 3% 177'2 Jan 9 Jan Jan 133 41% Apr 39 Vb 4 y;- Jan > 100 Jan 17y2 Jan 32% 1,100 Apr 10 15% Mar 2,500;, Feb 1074 Mar Jan 89% Jan 7% 9% Jan 50 Feb 3 "■ Jan 15% »-.■ 800 45% Feb 3 300 5% Apr 19% Mar 64% 16% 5% '-51% 600 700 45 % -•Jan 400 1,500 —1 1 47 300 17% 9 * B > 100 200 10% 39% 38 „— Mfg v 131% 133 Lindsay Jan 14 University (Un) Extension Salle La Lonergan 11% 13% 100 33'Ac Kropp Forge Co. Apr 165% Mar Feb Co Drug Kelley Island Lime & Transport Copper Corp (Un) Apr 17% 18% 164% 165 Katz 13'/a Feb 41% 5 High 1,600 11 — 1 —50 8.75 1 1 * 1 preferred Light (Un) & 4% 29% —25 common— Low' 17 11 Va 10 (Un) Chemical common & convertible Kansas 4% 30 10 Range since Jan 1 High 16% Apr 15% 21 Shares 10 Light Co Laughlin & Jones 3% 1 111» .— Feb Development- Oil Amurex 45 & Power Iowa High 300 - for Week of Prices Low 17 11 * 3.50 * Electric & Gas 9 4% 1 American Machine & Foundry 7 American Rad & Stand San (Un)—18% American Tel & Tel Co 100 164% American 47% 9 12.50 American Cyanamid Co American Investment Co Low High 47'/a Illinois Iowa Range ■Inc* Jaal 15% * 1 ; Co Can Shares 20% 22% 1 (Un) Alleghany Corp 47% 1 5 1 50o Corp Advanced of Prices (Un) Co Power Interstate for Week Low Par Laboratories Adams Range Last STOCKS Sales Week's Thursday Abbott Par International Tel & Tel Sales Range Sale Price compilation of the round-lot transactions only A Week'* Last STOCKS Exchange Apr 674 Feb 45 74 Jan Apr Apr ' Anaconda 50 (Un) Mining Copper 35% 42 10 5 Ashland Oil & Refining common——1 $1.50 conv 2nd preferred * Athey Products Corp 1 Atlantic Refining Co 10 (Un) (111) common Steel Corp Armco Co & Armour Washer Avco Corp Mfg 5% % 3% Corp Corp Borg-Warner common Biscuit Carr-Consolidated Celanese Cenco of Corp Centlivre Brewing Corp Central & Central Illinois South West Chesapeake & Ohio (Un)— Chicago Corp common--— Chicago Corp $3 cony pfd__ Cleveland 4%',; Co Cliff's Iron Clinton Foods Coleman Columbia Gas $1.32 3% 3% 200 61% 2,100 50% Jan 61% 12% 12% 250 11% Jan 12% 3 21 21% 300 19% 84% 84 % 200 75% 2 2 15 13% 11% 300 17% 17% 1,800 17 17 13% 24% 200 2% 18 Jan 13% Feb % 1,800 34% 500 26% Apr 1% Apr 21% 3% Jan Jan Jan Jan Jan 2Vs Mar 23% 24% Feb 19% 150 Jan Jan 21'% 33% Mar 1,000 62% 2 Jan 25% 3% Feb 400 21% 18% 300 21% Feb Feb Jan 3G% Apr Feb 60% Apr 62 % Mar Jan Modine 200 10% Mar 12% 650 11% 12 61 62% 1,400 56% Jan 64% Mar 95% 95% 200 81% Jan S5% Chemical 20% 20% Feb Mar Apr 700 17% Jan 79 79 150 72% Jan 58% 58% 100 54% Jan 58% Apr 24% Feb 29 Jan 26% Apr 28 25% 26% 25% 100 26% 27% 500 Apr 79% Mar , & Dodge Dow Muter Mar National National Lead National York New American American Pacific Northern States Oak Packard Pan Parker Eddy Paper Electric 14% Jan 41% Apr 40% 40'% 1,100 37% Jan 40'A Pepsi-Cola 1,500 - 350 Jan 19% Apr Jan 22% Apr 54 % Jan 63% Mar 19% 22% 1,000 59% 59% 100 15 15% 2,600 A 46% it 3,500 A Apr 49 1,250 40% Jan 15% & Apr Apr 18% 1,100 16% Jan 18% Apr 65 29% 400 547a Jan 65 Apr 100 27 Jan 29% Apr 3% 3% 3% 3,600 10% 10% 400 9% 30% 30% 30% 1 19'A 200 27% 19'A 1 * 17'A 10 1674 15% 17'A 10 16% 153a — prior pfd_25 —50 10 16% 15% 33%c (Un) 1574 Mar 49 18% __2 RR Jan 13% 64% 29% 18"% — 1 4 Jan Jan 11 Feb Jan 31 y* Mar 100 13% Mar 20% Mar 19 3 % Mar 17 10 Apr 16 Mar 18y4 Feb 600 13% Jan 16% Mar 33'A 33'A 33% 300 37'A 33% 35% 32% 37% 33% 63% 1,300 3 Mar Mar 250 200 900 1 (Charles) 35% 35% 400 29% Jan 35% Apr 5% 35% 10 Nav (Un) 1 5 Corp 5% 100 5% Apr 6'/a Jan Potter 30 __ 11% 10 (Un) 30 Co -11% 11% 25% Jan 30 Apr Public 1,300 7% Jan 11% Apr Pullman Jan 13 Apr Pure 36% 38 Va 12 y2 Jan 11 500 10% 36% 37% 500 33%' Jan 9% Service 11 (Unt Oil & II 9% Jan 400 104% Jan Apr RKO 55% 300 46% Jan 56 Apr Raytheon 127% Jan 145 Jan 34% Jan 42 Apr 140 140 143 42 41 42 1 210 5 Mfg Co 1,100 55 .10 350 1 15% 15% 600 .—5 ; 6% 6% 200 10 Auto 10 10 10 15% Jan 5% 16'A 100 9% Feb 7% 100 6% 2% 1 (Un) * common Corp ill 2 % 1,500 10% 69 68% 69 1,800 36% 36% 37% 1,050 31% -6 (Un) 31% 100 49% 50% 300 5 ___20 — __ 5074 1 Li 700 10 % 5 Utilities 108'% 111 1 5% Co 100 Theatres Corp Jan 7% Apr 2% 2% Jan (R Richman St 41% Jan 477'2 Apr 59V2 57% 300 43% Feb 59% Apr 29% 29% 29% 400 28y8 Jan 30% Mat 300 4% Jan 28 27% 28 900 22% Jan 28 y4 10 17% 51 % 39% 100 874 Jan 10% Mar 200 14'A Jan 17% 700 47% -Feb 1,600 Bros 800 5% 1 * 17% 51% 10 3838 * Co 20\a 25% 25% Louis Jan III National Stockyards Public Service 52% 53 12% 13 1,300 12% Mar 25 "2 19% 62% 3,200 20% Jan 25 V2 Regis Paper Co Schenley Industries 600 15% Apr 22% Apr Sears Jan Serrick 59 Jan 69 Apr Signode 31% Jan 38 Va Apr Sinclair 28% Jan 31 % Apr Socony 44% Jan 50 Va Apr South 63 a Roebuck & Jan 700 57% Mar 62% Apr 100 13% Mar 1474 Feb Oil Bend 1.40 Co 5% Feb Jan Southern Co 46% Jan 55 % Mar Southern Pacific * 34 34 200 30 Jan 450 16% Jan 2174 Apr 40'A 2,000 32% Jan 4174 Apr 42% 2,500 35'A Jan 4274 Apr 5 26% 26'A 24 % Jan 26% 16% 16% 26% 16% 250 5 300 15% Jan 17 * 41 41 42 200 3674 Jan 45% Mar 1% 174 100 * Works (Un) Co lUn)____ 9% 10 700 14% 100 21% 21% 450 2% 900 10% Mar 14% Apr 21% Mar 61 (A 6074 6174 700 53 Jan 61% Mar 81% 82% 400 68 V2 Jan 82% Apr 82 y4 85 600 72% Jan 85 Apr 37% 3874 1.500 32 V2 Jan 387a 9% 974 400 9% Jan 10% Apr Feb 19% Feb 22 Jan 9% _|_ Standard Oil of Standard Oil of Indiana California 25 N J (Un) 15 Oil Co (Ohio) 10 Railway 100 90 90 6 90 Mar 90 Mar 18% 19 300 16 Jan 21J/8 2 % • 18% 2% Jan 2% Apr 3 13% 13% 13% 400 12% 12% 12% 600 12% Mar 55% 57% 800 46 Jan 2074 Feb Stone 10 Va 1074 100 14 Jan Corp (Un) 1 Studebaker Corp I 15 Jan Sundstrand Apr Sunray 19% , 57 y4 Container 4% 4% 500 4 26% 26% 26 % 100 23 20% 20 20% 450 17% Jan 22% Jan 8% Mar 19% Mar •i 20 % 1 1 3 25 8% ~2 25 Mineral & Co Packers 40 25 8% 20% 150 500 100 40 40% 950 24% 10 24% 100 37 Apr Jan Jan Jan 21% Jan 18 5 Mar Feb 26% Apr 20% Feb 25 74 Apr 10 Jan 40 74 Apr Apr 24% Mar & Texas 23% 22% 23% 47% 48 Trane Truax-Traer Apr Union Carbide •27% 250 26 28% Feb Union Oil 30% 1,900 27% 26% 30% 30% 35% 35% 200 39% 40% 1,800 12% 12% 300 39% 40 300 see oaere 40% 15 22 43 Jan 2234 Apr 1934 16% Jan 1974 Apr 44% 44 44% 1,800 417a Feb 45 y4 Jan 1,200 57% Jan 70 Apr 17% Jan 69% 68% 70 18% 18'% 1934 1234 12% 13 1,800 12% Jan 13 50 48% 50'A 2,550 36% Jan 50 74 29 25% Jan 29 Apr 2% 18% 29 23a 18% 100 — 3,800 Feb 3 Mar 15% 15% 100 20Va 20% 500 1 (Un) 1 1 2% Film 1 __ 20% 28% Mar 31 Feb 28% Jan 35% Apr Jan- 40 Va Apr U 10% Jan 13 Apr U 387a Jan 40 Mar Jan United S Air * 60 Ya 60% * 77 V2 78% j. _10 California Lines Inc Corporation Gypsum Co S Rubber U S Steel (Del) Co (Un) Corp common 2 15% 25 (Un) __ i_ 1 5% 20 136 V2 L._—5 * — 45 19% Apr Mar Apr 18% Apr Jan 15% 100 Corp Corp Carbon United 35% of & 1,100 Apr 18 Feb 20% Mar 22% Mar 59 50 Mar 48 15 Va 2,100 2 Salle Street 24 Jan 4,400 19% common Coal Century-Fox Jan 18% 22% 19 2 Corp 41% 18 22 5 Radio Corp Continental Corp La Jan 18 * Co Co (Thei Transamerica 20th Feb 2274 l (Un) Trav-ler Tri 10 Va Apr 25 Tool 18 * Chemical-. 5 (Un) • Co Jan 18 22'A _5 (The) Edison 800 1,800 * Ltd Corp Power Toledo Jan 600 1 Tool Co Co Thor 208 So 1 International Shoe Co 8% 20% * International Nickel Apr Mar 25 Machine Oil 2 IV* Feb 1,000 1 17% 9% 2074 17% 300 1 5 i8 18 Equipment Corp 10 International Harvester 20% Stewart-Warner 13% Mar ___2 5 Co Jan Apr 40% Oil Co Mar 42 Standard Steamship 14 34% Mar 0% Jan 13% Feb 61 55 51% Mar 100 41% Standard Indiana Steel Products Co Apr 26% Jan Jan 20% 15 Standard common 39% 14'A 21% 413a Feb Bartlett 24 Apr 51% Mar - . Feb 1 (Un) Lathe 200 24'A xl5% 14% l Apr Huttlg Sash & Door 35% * Oil 1,400 25'A 19'A 62% common.... Strapping Co 5% ' 5 . Corp Vacuum 12% 12 (Un) Corp class B Steel * "A" 27 Co Apr _* class B Mar Hein Werner Corp (Walter E) & 5% Mar 10 H'/a 51Va 38% 5 25 Heller 5% 50c Tobacco J) 53% 25 For footnotes ... (Un)_ St 10% 9% (Uni America Remington Rand lUn) Republic Steel Corp (Un) Jan Jan 88 200 100 Brewing Co Apr 38% 47 5974 27 Heileman Jan 38% 36 8% 38% 27 Corp Jan 9 7a 400 46% 1 Printing. 10% Apr Jan 8 8% • Corp of 5% * Brewery Apr Mar 50 9 8% Apr 47 • . 6374 38% Chemical Western Jan 200 common A_ 54% * (Unt Manufacturing Co 53% 14% Cooperage class Corp (Uni 300 * Indiana. of (Un)„ * * & 33% Apr Feb 12 Jan 2% Jan 7 Jail 7% 5 37 y» Feb Apr 120% Reynolds Inc—; 37% Feb Jan 5 Co Company 120% 117 % 8% 1 Quaker Oats Co 10c Jan 28 9 1 Co Car 33% 3174 200 Jau 13 — —5 63 * (The) Steel 200 12% 5 (Alan B) Co & Dodge Corp (Un) Corp (Un) Phillips Petroleum Co 9 * Spencer 17% 20 19% 22% Airways (Un) (Un) conv 29 74 Mar Jan 20 59% 48'A B Feb 26 Jan 22% 12.50 Dredge & Dock International 27% Philco Towing International 26% __ 18% 1 Pfizer 8% Stores Steel Apr 1,600 Phelps Hammond Organ Co Inland Apr 4 74 9'A Mar Harnischfeger Inter lake Apr 3% Mar Jan Hallicrafters Co Hibbard Jan .600 7% (Un) (G» 20 Va 474 21% 300 '___1 Corp Co Fi Apr Apr Apr non-cumulate preferred (W 19'A 17 % 4 21% Apr Swift Hall Jan 17% Mar 4% Apr Co Corp 1874 3234 1 Spiegel Inc warrants Oil 6% Jan 13% Mar Jan 42 % Telephone Corp Gibson Refrigerator Co Griesedieck Jan 63% Feb 37% Mar 28% * Peabody Coal Co 5"c 10 Oil ' 33% Jan Jan 50 40 General Gulf 300 24 % Public Bros 500 17% Jan Package Corp—; Greyhound 400 Jan Motors Greif 14 19% Feb General 7ft 13% 18 37% America Lakes Mar 5% Mar 650/ 6 > 56% 31 38% General Lakes 100 21% General Great 2,000 •: 30 Apr ' 88 28% 60'A 36% 400 Corp Great 90 28% 59% 37% Feb Jan 3% Mar Jan Apr 2 Feb Apr 32% (Un) class Co 34% 25 50 130 " 200 Co Great Lakes .• . 1,100 Electric Drug 250 37'A 25 2'A 42% Finance Gray 42% Mar 24 % Co H) 65% Jan 40 General (W Jan 38% 42% General Co 55 'A 32% 10 Fatterson-Sargent Co St Louis Gossard 100 300 64% 41 24% Drive Glidden 7 39% de Nemours (The) Apr 1 Gamble-Skogmo Inc General Box Corp Gillette 5% 25 Corp Four-W'neel Feb 1,100 6 32% * World Pennsylvania 40% Co of 3% Aircraft Controller Mills Jan Jan ;Jan 47% 10 Car Co Jan Palstaff Brewing Corp Flour 29 Va 2% . Feb com—5 Co Pictures Pen 27 Apr Apr Mar 38% Electric & American Paramount 12 200 10 (Minn) Power Motor 10'A Jan 10 (Uni Gas 12% 25 Kodak Co Jan 60 47% 3*2 Oil Radio Eastman 300 1,000 ' 100 Corp — Bancorporation Oklahoma 22% 46'A 1 (Un) (Un) Ry Manufacturing Ohio 7% Jan 47% Rights Northwest Apr 1 1 (U11) Car Co Northern 37 — (E I) RR Aviation North 1,400 A Pont Central American North Feb / 10 Mfg & / 6 20 5 Co Tile 24% Mar 400 17'A — 25% Mar Jan 200 preferred Manufacturing Class 5 National Standard Co 6,200 Apr 1 28% Jan 51 300 3% 5% 6 13% 19% 5 Prod Distillers 14 % Apr (Un) Cylinder Gas —I National 41% Du Mont Laboratories Inc du 27% Jan 17 22% 36'A — — 50c Company Nash Kelvinator Corp 14% Co Cleveland Chemical 12 37-a 59% 3 39% Company & Detroit * * Inc 14% 25 11% 25 2'A — 25 * common preference $3.50 Pressed Deere * Co Montgomery Waqd & Co Motorola 20% 20% Jan 25 Manufacturing Monroe North 26% Jan 19 41 Co 7% 22% 5% 64% 40% 6 24% '50 54 7% 2274 3 3 10 100 Mar 17 21% 200 24% 12% 11% I 300 24% Apr 18 1,800 3% Apr 2% Jan Jan __ Cement Portland Missouri Apr 13% Feb Fuel River 3,500 . 85 Mar 10% 1,400 19% 24'A Jan Jan Apr Feb 15% Jan 1,000 18% Feb 11% 200 25% 4% Jan Mississippi 41% preferred Motors Cjane Company Cudahy Packing Jan 59% * 1 common 600 23% 24% 28 27% 11% Brewing Co 1 Minnesota Mining & Manufacturing..* Mar I Feb Inc 7% — Minneapolis * (Un) Edison Vultee Continental 70 Jan 12 Hart & common——25 System Power 61 11% 1 convertible Consolidated Consumers 700 Miller Apr 10% • —5 convertible MaA 95% 1 Co__ Inc Commonwealth $1.40 Ilium Ine Co 100 U 5% 23% 11% 100 ——— Electric 68% % Jan Jan 21 , 54 — 4 * _1 % 22% 24% 28 22% __ * ■ Brick Inc Metropolitan Juri 10% 25 —10 common preferred Cleveland 850 1 * Cement Portland Medusa & Meyer Blanke Co Mickelberry's Food Products Middle South Utilities Apr 4% 4% 1,000 34 G) 28 (Un) Co Co L) (Arthur _• Co & (Olenn Martin Jan 11% 61 % * — Jan Apr 62% * Chicago So. Shore & So. Bend RR_ 12.50 Service 5%' 23% 7% Jan Field Marshall McKee 26% Jan Jan 6% 3% 25 —1 23 28% 33% 21% Jan 300 2% 25 Chrysler Corp 100 3% 18% 24 % Chicago Milw St Paul & Pac_ Cities 5% 11% 300 3% 1 if 10 Service Public 24% 50c 5 Corp 34 23 8% Mar 1,100 13 * 1 America 7 3% 1 Corporation Jan 11% 17% 17 25 (Uni Pacific Canadian Feb 14% 13% — -12.50 15 Corp Butler Brothers Apr 10% 25% 2 2 * 1 5 Company Burlington Mills Corp (Un) Corp (Uni Burroughs Burton-Dixie 61% 12% 21 84'% 20c Brad Foote Gear Works Budd Apr 42 68% 10 5 Borg (George W) Corp 36% Jan 3,200 33% 3% Benguet Consolidated Min'g Co (Un).lp Berghoff Brewing Corp 1 Bethlehem Steel Corp (Un)— * Booth Fisheries Corp 5 Aviation Jan 33% 14% 6% 23% Bendix 29% 700 1,800 25% — 10 5 Manufacturing Co Belden 1,000 9 % 13% 3 Co— 36% 42 9 3 Automatic 35% 40% Jan 6174 Mar 1,100 707'a Feb 78% Apr 45% 46 300 38% Jan 46 2334 24% 200 21% Jan 5% 5% 400 136Va 13674 34 34 43% 45 100 1 474 126 Apr 2474 Apr 5% Apr Jan 136% Apr 100 29 % Jan 7,600 39 ys Jan • Apr 34% Apr 45 Apr , Volume 179 Number 5317 The Commercial and Financial Chronicle ... (1753) OUT-OF-TOWN MARKETS RANGE Thursday STOCKS Week's Last Range Van Dorn Iron Works Walgreen Co Western Wieboldt Stores Inc Bankshares Wisconsin Electric Wisconsin Public Woolworth Wrigley IF (WmJ Yates-Amer * Radio 200 64% 24 14'A 14% 77% 16% 42% Feb 64% 24 Apr Air Jan 14 % Apr 77% Apr 78 Mar 1,400 14% Jan 17% Feb 100 29% Jan 31% Feb 100 19 Jan 20 % Mar 40% Apr 45% Jan 79 Jan 85% 84 % 84% 84% 100 8% 8% 250 8 % Apr 11 400 38% Jan 42% Apr — 41% 1 42 Admiral Corporation Reduction Co Juneau Allied Allis-Chalmers M'fg American Amines Broad Jan » 71% 71% 73% 700 66 Jan 73% American Can Co (Un) Thursday Week's Last Par Arundel 15 164% 164 % 165% 2,655 21% 21%" 21% 31% .100 City Elec Co. 31% .10 Baldwin Securities Baltimore Transit Chrysler Curtis 19% I" Jan Corp 8% 3% 2% 3% 160 4% Co 13 60% 4% Jan 25% V 3% Jan 11 901 7 28% Electric Storage Battery Fidelity & Deoosit Co Garfinckel 5'% '/o Geneial (Julius) 4%% conv 56 Apr 5% Feb Lehigh Valley RR. Martin (Glenn Li Peoples Drug 18 Va 20% 68 14% 21'A • 15 & Light ... _ » corn- 27% Mfg Apr • 18% $1 dlv Electric preference Wire _ Transportation Bandini 14% Jan 44 22% 120 13 Va Mar 16% Oil Benguet Cons 25 Jan. 2,879 35'/a Jan dV Apr U Apr 15% Mar 18% Feb 14 Va Feb 42% Mar - 392 40 37'4 200 36% Apr 40% Feb 32% 110 31% Jan 32% Jan 37% 2,541 25'A 138 21 Co Hill Burroughs Jan 45% Apr & Corp Ink „ 32 % Jan 23% Canada Dry Ginger Canadian Atlantic Canadian Pacific Case I) (J & Gas Light Westmoreland Inc common Eureka Jan 26 Va & Lothrop —10 common ° Chrysler Oil Jan 33% Apr Class 19 Apr Columbia 2,006 25% Jar. 28'A Mar Commercial 96 25% Jan 28 V, Commonwealth Corp r Apr Jan 28 Va Mar Consolidated 69% Jan 87% Mar 75'A ser A 73 76 V, Mar Cons Vultee 68% Jan '4% Jan 5% Apr Corn 35'A 35% 922 33 Va Jan 36 Va Feb Crocker First Natl $7,500 74 Feb " Week's Crucible Feb Curtiss-Wright 76 Mar Allegheny Ludlum Blaw-Knox Clark ID L) Columbia Steel ■ • .v ■ Brewing Light Duquesne 5 • de Co Class A Y N Gas Jan 35 Apr 17% Jan 21% Apr Equitable Gas Co .8.50 Follansbee —10 Steel Coru 6% 6'A 30% 24 6% 31 200 9% Feb 9 V, 12% Jan 14% 23% 24 13% -- 13% 6 28 % Jan Jan Home Joy Walkep (Joseph > * Refractories 7% 31 of Manufacturing Co 1 Mackintosh-Hemphill McKinney Manufacturing 130 22% Jan 24% Mar 10 12% Feb 14% Jan Feb 66 24% Jan 28% 27 10 25 % Jan 27% Mar 1 35% 25 32% 13 50 11' Jan Mar 35% Apr 13 Apr 1% 1 % 160 1% Jan 1% 8% -- Corp 5 8% 1,450 7'A Jan 9 V, Mar Feb Pitts Screw Reymer & Rockwell Plate Glass & Bolt —10 Corp Bros Spring * _7 * I & 57'A Axel 5 7 5% 20% 20% 57% 170 52% Jan 59% Mar 7% 387 6% Jan 7V, Mar 5% 21 100 447 5 V, Mar 18% Jan Engineering & Foundry Co Air Brake. 5 Electric Corp. 10 12.50 Jan 10 Va Apr 11% Feb 14% Apr 17% 17% 17 % 800 16% Jan 18 Va Mar 16% 16% 16% 1,337 14% Jan 17 Apr 15% 15% 50 17 Jan 116 116 16 25 26 805 al4 al4% 70 __ — 27% __ 6 14% Mar Jan 22 Va aj.. a~_ 6 6% 1,073 4% Jan 24% 25 750 21% Jan 50 __ a51% a51% a53% 382 Apr Apr 26 al7% al7% 25 117% Jan 116 6 45% Mar IB 25% Feb 17 Feb Jan 50% 15% Mar Jan 20% Mar Jan 19% — 19% 1.013 19'A 63c 65c 1,323 60c 90c Jan a33% a34% ... C5c 80 33% Mar 35% Feb 15 10% Mar 12% Mar Mar - al0% — 62% 874 96 96 1,192 47 47 V, 430 al6% al7 90 48% 48% 229 — al6% Feb Mar Jan 96 Jan 47 V, Apr 18 Jan r Apr 44Va. Jan 48 Va a47% a48 66 47V, Apr 48 Apr 14% 14% 1,460 12% Jan 14% Apr al7% al7% 50 16 V, Mar 17% Feb 39% Apr 67 Apr 44 Vt Feb __ __ 14% __ — 39% 39% 300 37 Jan 67 67 67 65 59 Jan 43% 43% 771 41V, Jan __ Z Apr 100 18 Jan a63%a63% 50 61 Mar a73% a73% 50 72% Apr 72% Apr 76V, Jan 90 Apr 35 Jan 46% Apr __ 90 46% ..5 46% 1,817 Jan 104 Mar 25 24 Apr 24 Apr 275 8 Jan 10% Mar Apr 14% 253 14 V, 896 36 V, Feb 6% 550 6V» Feb 37% 37'/a 236 33% Feb 18 10% 200 9% Jan all7%al22% 169 10t>"/a i»a.l — 25 al22% 54% 56% 7% 7% 39% 38% 56% 502 7% 3,490 5Va 35% Jan • 48% 23% 23% 24 a40 a39% a40 • 48 40 V, Apr Apr 7% Mar 38 Jan 10% Apr 117% Mar 56% Jan 8 * 29% Apr Apr Apr 1,720 ; 41% Jan 49% Apr 330 20% Jan 24 Apr 258 49% 38% Feb 40% Mar 600 88 Jan 108% Apr 61 %■■ 61% 260 58 Feb 61V, Apr 68% 68% 1,081 59% Jan 68% Apr 108% 108% — • 61'A 5 47 15'A Jan 979 39%' 20 (Un) 101% 40% 10 (Un)._ 18 6% __ '• Co Mar a26 14% 40 10 . 24% Mar 61 10% 39% _5 10c Corp 58% Mar Mar a26 3 Chem 56 10% — • (Un) 85 al03% al03% J25 com 90 42 — 1 Co Corp — 9% preferred • Utilities Brewing * — <Un)__ 750 9 Apr lO'/s Feb 15% 230 15 Mar 16 Jan 16% 16% 100 16% Mar 17 Jan Apr 5 31 30% 31 400 28% Jan 31 23% 23% 23% 500 19% Jan 24 V, Apr 6% 6% 100 6% Apr 6% Apr a90 a90 50 79% Jan 79% Jan 1 __ 10 (Un) Co 9% 15% ' —10 ... Co. (B F) 9% — 2nd Public Goodrich 56 % 81% 42 a23% a24% (Un) & Gladding McBean & Co Goebel 64 15% Mar 62% __ 9% — Co & al07k a23% (Un) Co Foods Graham-Paige Great u90 Hilton Oil Hudson (Un)______ 10 (Un) non-cum Co class Piueannle Hot? Is A— Co Co Motor Car Inc Maryland Mines Corp Power 495 12 Jan 13% Apr 562 22% Jan 26 Apr 64% 62% 64% 914 50% Jan 64% Apr Intex Oil (Un) Co. International International 50 Jan 667 13% Mar 14 Feb 24% Feb 59% Mar-.' IV, 1% Jan Paper Co 23% 23% 1,195 20V, Jan -12% * 13 765 11% Jan 13% Mar 19% al9% 12 18% Mar 18% Mar a — 3 266 220 30% Mar 40 69% 180 57 .Jan 73 Apr a9% a9% a9% 50 9% Apr 13 Jan 17% 17% 17% 286 14% Jan 17% Apr 1 1.25 1.35 2,500 20 Nickel Tel Feb 39% Co...————12% Idaho 13% 48% Mar 69% 12% • Idaho 26 24 119 2.9o 39% „—1 (Un) Feb 13% al% 23%, —"12% Corn Feb 25% 1 — 5 5% 13(4 a53% — Ltd 21'A 26 59% Mar 62% — (Un)—• 3 6% Mining Oil Foods 114 61% al% a52% a53% 13% 13% — .♦ pfd Corp (Un)— Co Homestake Hunt Ry Corp Hancock Oil Hawaiian Corp ' North International Westinghouse Westinghouse S% 150 25 common International Harvester Uaited 203 14% 56 <Un)____ Capwell Electric Honolulu 1 Pittsburgh Apr 10% a59% a59% Works- Machinery General Holly Natco 84% 14% • (Un)_ A Co Oil Greyhound 13 58% Mar Jan - 27% 35% —5 79 10% Preferred Jan 27/ ~ 58% Mar 45 __ _25 Amer Nemours Plantation General Apr| 27% * Co__>_. Apr 20 1. (Un) Goodyear Tire & Rubber Harbison 4'/a Mar 975 a85a85Va (Un)__15 Natural Gas Co General Apr 186 Apr 4% __ • (Un) Co General Motors Corp common. General Paint Corn common Jan 65 712 Feb 81 % 1 Corp Kodak Dorado Paso Ewa 28% 36% 2.65 Jan. 85 __ Convertible Duquesne Jan 52% 4% a58% a58% __ (Del) fUn)__—__5 Mont Lab class Emporium 831 9'A 2.05 37 4% __ 25 Corp Pont Food High 306 14%- 8,540 a74% a74% __ 2 % _ Bank Du Low 35 9lA Jan 3V3 OH of Calif. Chemical Co common Range since Jan 1 21% 14'A — 11 Apr 11% Feb 2.40 2.30 5 El 34% _ System 625 1 El Shares 11 % • Steel Eastman High 11% 2.40 (Un')..* com Dow 21% 21% * Co Gas * _ Co of Prices Apr l Gl% • Di Giorgio Fruit Corp class B Dominguez Oil Fields (Un) for Week Low Feb Jan 25 Preferred Feb Jan 31 Sales Range Sale Price Par 12 50% _10 of Co du Last 103 830 1 (Un) Refining Zellerbach 17% Sto ckExcl liange Thursday Apr Jan 13 61% __ 10 common— Aircraft Oil Products 33% 'I.:'/;,... STOCKS 3% 13 2 Douglas Pills!lllfjSh 9 21 Vb Mar 59% ' * Natural 209 75 Feb 9 19 % Mar __ Syst class A___2% Edison 650 Jan 10 61V, 1% Edison 5% 74 Apr 69'/a _* 75'A ' Feb 17Vb Jan (Un) 5% -A- 15% Feb 62 -• 35% 1975 Jan 14% (Un) 5% BON,OS Ealtimore Transit Co 4s 11% System Consolidated Jan Feb 87 Solvents 26 V, Apr Apr 120 Ltd — 155 28% Jan 5% 1,550 25 Broadcast Gas 1,050 17 Feb 35c Jan 4% Apr 30 Feb 25c 14% 2% — B 27% 30% 33% 29% Mar 17 Va 14 „ ___10 _ Chemical 85% 100 340 Jan 28% 14 . Jan 100 5% a— a__ a68 a63% America 16% 582 5Va __ i_5 (Un) Co Corn 28% 29 350 __ 12% 559 17 31c — __25 4,767 33% 31c Apr Feb Mar 100 Apr 17% Colorado Fuel & Iron 29 74 95% 10% Jan (Un) Jan 17 190 a30 9'/a Mar 42 Jan 8*/8 Mar 2.85 (Un) 7'A 32% 33% 9% Mar 34% 622 Ry Jan Mar 26% __ 15 33% u29% 31c 5 Ale 5% 21 84 "A 33% al04%al04% — 5 Chicago Milw St Paul RR Jan 27% 10 _ Woodward Feb Jan 37% Mar Crown Washington 170 46 16 1,600 com Co Celane.se Corp of Central Continental • 98% —.5.50 Caterpillar Tractor Co 84% 13% 98% Jan Jan 178 __ 1 (Un) Consolidated Chemical Ind United Gas Improvement 1,315 9 43% 16 ■; 50 42 Jan a9 California Packing CorD 5,697 28 1 /r 50 a9% pfd (Un)._—100 7'A 27% Corp 645 9 1 (Un) 27% United 46 40% .2 Co 27% • 46 al9% al9% a29% • Co____ Power 6% Clorox 27'A Sun Oil Co Apr 3'% Co... Jan 27% * 36 Va __ ___—_—...5 Cement Columbia ...60 Jan 20Va (Un) Sullivan 5'/a 19 __ 29% a9% 15 Jan 33% _ 1,654 __ 1 (Un) Mar 32% _ Apr 36% a9 Corp.— 4 18% Co 20 V4 __ 1 Oil 21 18% Paper Jan 41% 5 Chica 13 33 % Reading Co 37 Va 15% 35% __ 0 .... 3,912 Corp 3 Potomac Electric Power common __10 • Public Service El & Gas common. Scott Mar 240 3Va (Un) 5% 7 com 36 20 20% (Uni Mining Co California Mar 12% 2,687 Jan 200 20 1 Com Steel Oil Calif Ore Jan 45% 7 v4 preference a31% a33% Apr Mar 3% Co Cities Service Co * a32 35% 165 . 20% Instruments Aviation Calveras 178 108.023 -20 div 65% Apr .1 Borden 13% 5 $1.40 Jan 48 % 100 Borg-Warner Corp (Un).____ Broadway-Hale Stores Inc 21 Philco Jan 59% (Un)__13 Petroleum Apr Jan 5% Participating preferred Jan 156% 658 3 Apr 24% Mar 16% (Un )_ Apr Co— _• 29% 2,021 P2 15'A 25 - 482 165 62I/4 * 69 % 36% • common Philadelphia Insulated Fniiadeipliia Common 37% 35% 164% 60% .5 21V, Jan 10 43% * common 35% 165 10 Chesapeake & Ohio Ry Philadelphia Feb Apr 50 RR Co_ Jan 31% 31% 17 18'A 5 <Un) Jan Feb 41% Line Fe 13% Jan 3®2 Santa 58% ' ""5 Inc 48% Jan 5 20% 8'A 16 (Un) 130 36% & Power Co... 43% Mar Jan 45% Bolsa Feb 22% 40% —10 Apr 250 14% __5 Holdings Com (Un) Boeing Airplane Co cap (Un) 273 13% Co Baldwin-Lima-Hamilton Corp Baltimore & Ohio RR (Un) Bishop 455 • 34'/a 13% 35% Blair Mar 9'A • 34'/b Mar Jan 80 23% 13% 16'A 27 Feb 112 20 110 ; 22% 41% _ 50 Stores Coast Bethlehem Apr 23% 13% Jan 13 1,255 50 (Un)_; 2,994 69% 13 'A Pennsylvania RR Pennsylvania Water 10 30 V, Mar 31 v 9 % —1 Salt 18% 1 75% Mar 22% 39 Va 16% * (Un) Gas Beckman Jan • Pennsylvania Power Pennsylvania Jan 32 68% 1 — 24% 461 — Feb 18'A 25 (Un) Bankline Mar 8% Apr 26'A 23% 36% 16% 1U (111) Avco Mfg Corp Apr 65 Jan 79% 10 — Corp . 27 V, 28 % 25% — -15 (Un) (Un)__; Com Co Topeka & Atlantic Bunker common Navigation Rights 208 1,874 79 18% 5 - 16% Mar 115 52% Mar Feb 13% 6% Mar 200 79 5 _ Lehigh Coal & Pennroad 31 21'A Corp Brothers Hecht (The) Co 29% 30% pfd —25 Jan 17% 100 Corp Refining Corp (Un) Atok-Big Wedge 29% Mar % Mar 26 1.10 preferred conv Motors Gimbel • 28% 30% Oil Atlantic Bendix . Jan 15'A , 18% 25 Corp Louisiana ttleei Armour & Atchison 9% Mar Feb 220 200 63 7 Jan 1.084 ^13% 60% .1 - 5% 28%, 29 Delaware Power & Light common.. .13% Duauesne Light Co 10 Viscose Arkansas 22% Mar 33% 2% Mar ..25 Co Co Atlas 289 -50 Jan 11% 13 48% • Tel & Fuel Armco- Feb 165% Mar Jan 29% 9% 13 Publishing 110 1,091 32 Co— preferred 47 887 48% & (Un) Tel Arkansas High 48% Jan 8% __1 non-cum \ 155% 9% Company 395 13 a34% a34% __ 20 <Unt Copper Mining Anglo Calif Natl Bank Jan -lc? Common $2.50 44 -13 Corp (Un) S ri Anaconua Low 47% Corporation Atlantic High 46% Baldwin-Lima-Hamilton Budd Low Co. Tel & Jan 3% Mar a:_ Smelting & Refining— Ltd &. American Woolen Co Range since Jan 1 2Ve Jan a__ 51 for Week Shares 70 24% a40 a40% 10 American American Sales Range of Prices Sale Price 3uO 22% Mar 51 __25 (Un) Factors Common STOCKS Stores Co Radiator American Philadelphia-Baltimore Stock Exchange 3*% • Jan 2f% Mar " American Cvanamid American Tobacco Tel (Un)_, 135 46% Mar 20 12% __ 12% American Car & Foundry 24% High 44% Mar al6% alG% —a (Un)__l com American Apr -» American von; Thtres 2 3% __ 20 na Para 61 a85 a86% 3% Range since Jan 1 Low a48 24 % Mining Co_.__-.10 Dye Corp (Un) 9 & Week Shares a20% a20% * American Corp American tUnt Sales for High a47% __ Gold Chemical Amer a48 1 common of Prices Low 5 common Apr 42'A 1.400 Laboratories Alaska 40% H..5 Abbott Jan 40% __ Par Feb Apr Range Sale Price ' ■ Exchange Week's * Last ' 26% Mar 13% 10 20 Jan I ■■ 21 1.250 16'A Thursday's STOCKS Apr 50 V, 100 30 20 5 Tube 1.400 77% 30 ." » Co 10 38% Mar 16 Va 10 & 40 63% 10 Jr Sheet 39% 10 Co Machine Youngstown Zenith Corp Power, W) 24 V, 77% 1G San Francisco Stock :':V. 400 ... APRIL High Mar 24 * Service 8 64% * Wisconsin 900 24% 5 common 10 40 12y2 preferred Low 24% V ENDED Range since Jan 1 High 9% 24% io Westinghouse Electric Corp. Whirlpool Corp $4.25 9% _10 Union Telegraph Shares Low * WEEK for Week of Prices Sale Price Par FOR Sales Ac (Un) Co. (Can) Co (Un) Tel com • , 2.90 — — 1.25 1.00 3% Apr 1.40 Jan Feb Apr Feb a49 __ a49 100 Apr 49 Apr 30% __ 30% 935 28% Jan 31 Feb 105 37% Feb 38% Feb (Un)„• a40 7% a65% (Un)—• 16% 16% 16% 2,657 8% 8% 8% 450 33 %C 2.90 , a39 a40 a64% a65'/a 43 "49 - 56% Jan 61% Mar 14 Jan 16% Mar 8 Va Mar 9% Feb 3T The Commercial and 38 Financial Chronicle... (1754) Monday, April 19, 1954 OUT-OF-TOWN MARKETS FOR RANGE (Cont.) Sao Francisco Stock Exch. week's for Week Last STOCKS Sale Price of Prices Par Johns-Manville Jones & Laughlin Steel Kaiser Alum T* Corp com—__1 Kaiser Motors Corp a51% ..l 2% Kansas _— ... Power & Light (Un) Kennecott Copper Corp Kem County Land (Un) High Low 62% Apr 69 80 20% Jan 31% 714 26% Jan 33 215 47 Jan 50% Mar 2% 8% 708' 2% Apr 2% Feb 2% ■■ Jan Richfield Oil Corp Jan 19% 19% 76% 76% 210 66 Jan 76% 46 639 39% Jan 46 36 Jan 145 19% 19% Apr Apr Llbby 10 McNeill & Lockneed Loew's Aircraft Inc 34% 34% 34% 90 7 9% 9% 9% 110 1 32% 32% 33% 494 26% Jan 13% 500 13% Jan 14% Corp (Un) ♦ __ Jan 33% 9 0 Martin Co 1 Matson Navigation (Glenn) Co (Un) McKesson & Robblns Inc _• Menasco Mfg & Jan K O Jan Co ; 22% 22% 800 18 '/2 Jan 10 39'/« Apr South Utll Inc M J & M & M Cons Monolith Portland Montana-Dakota Montana • (Un) 13% 1,120 41 Vis 23% Mar Feb 14 13% Mar St San Jan Diego Utilities (Un)__ 120 2% Jan 3% Apr Ban 210 19% Jan 21% Feb Schenley Mornson-Knudsen 21%' Mining Industries 165 88c 7,566 12% 96 , 29% 27 82c Mar 10% Jan Feb 1.05 Jan 100 21% 21% Jan Shasta 10 20% Jan 31 32% Jan 33% Mar 60% 593 56% Jan 62% Apr 32% 702 30 Feb 32% Jan a33% a34% 31% Water Oil Shell 12% Mar 31% a34% • National Auto Corp National City National Distillers National Gypsum Natomas Company 5 al3% 14% 61 1 18% 18% 854 1 Fibres (Un)_— 16% 16% 100 16% 17% 17% 757 17% Apr 160 20% Jan Lines Products (Un) (Un) Co a 18 Jan Niagara Mohawk American North American Co North American Calif Edison Convertible 25% a4% 10 '/i Jan 160 18% Jan 26 5% % Oahu Sugar Co Ltd Oceanic Oil Ohio 29% Mar Southern Pacific 26% 26% 27 1,054 20% Jan 29% Mar Southern Railway a22% a22 % a22% 100 20% Jan 22% Mar (Un) 20 16 3% Products Inc 15% Pacific Finance Pacific 6% Gas 1st 5%% . > 4.80 1st Petroleums Tel Co Oil of 6,400 3y8 Jan 3% Feb Standard 855 38% Jan 41 '/2 Apr Stanley 27 60% Feb 64 14% Jan 16% Mar 5% Jan Jan 6% Jan 31% Apr 41% Mar 848 6% 650 „_ 31% 31% 100 29% 41% 41% 6,958 39% Jan 35% 35% 819 33'A Jan a32% a32% 25 Ltd common Pacific Western Packard Oil Motor Co Stendel Corp 4 Oil common (Un) Pan American World Airways (Un) Paramount Pictures Corp (Un)j Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Jan 28 y2 Mar 36% Apr Feb 1 Puget Sound Pulp & Timber Pullman (Un) Oil Inc Co 27% 16% 16% Tri-Continental Union 37% Mar Corp ot America (Un) • Railway Equif) & Realty Ltd pfd____100 Preferred 41% 2,570 38 Jan 26% /, 37,9 25% Feb 26-a'Mur 35 296. 32% Jan 33% Apr a28% a28% 34% 12% a 16% a Corp United Air United Corp of Del United Gas Feb United Park Lines a Feb 30y2 Mar U 18% U S Steel Corp common City Mines Co (Un) 522 28% 52% 72% Jan 12 15% 200 14 560 31% Jan 37% Apr Warner Broi 33% 371 29% Feb Apr Warren Petroleum 4% 4% 4% 1,405 3% Jan 33% ;,V 4 % Apr Washington 63% 63% 160 58% Feb 63 "A Apr Wells 34% 163 32 Jan 34% Mar 47% 47% 263 41% Jan 47% Apr a57% a59% 85 56% Apr 56% Jan Jan 32 % Apr Jan 61% Af>r a 215 19 a— 83% Apr a 37% Jan ; 38% Feb 19 419 18% Mar 23 Jan 18% 19% 2,689 16% Jan 19% Apr 13% 13% 396 11% Jan 14% Mur 35 35 560 31% Jan 36% Mar a8 a8 35 7 Jan 23 635 20 Jan 23 29% 3,676 25% Feb 29% a __ 95 13'% Jan 14 18% 19 362 a77'/2 a78% a23% a23% a78 9% Mar Mar Apr Mar 19 Apr 71 % Mar 77% Apr 23% Apr 23% 39 Jan 46% Apr 24% Apr Apr To 338 26 % Jan 46% 45% 46% 1,889 '24% 23% 24% 300 20% Jah 56'A " Apr Feb 794 60 a Mar 17 45% Mar 6% Mar 304 14% „ 56% 204 46% Jfin Jan Apr 57 245 23% 24 »A 21% 370 a5% a5% 20 28% 28% 1 37% 46 y2 3,176 14% 19% i " 61% 83% 5 15% 14% Mar 110 a37% a38% a38y8 TO (Un) 32% 34% Mar Jan 32% 83% 1 (Un) 36% Jan 8% 7% a82 % a82% 10 — 11 Rubber Apr 60% B (Un)—. Jan S Apr 34% - 32% v a • (Un) Inc Corp 28% Jan 32% , 7% __ 12y2„ Feb Jan 32 V2 600 81 , 41 % Mar 27% 270 12% 16% 34% 34% 34% 10 Sugar Mar Feb 1 34% 61 y2 (Un) Apr 35 —1 Missouri of 33% 28% 318 5 Jan 27% Apr Apr 53 Apr 29 Feb 1% 1% 33% 33% 355 29% Jan 33 3 Apr 44 45 2,693 39'A Jan 45 Apr 14% 14 Feb 26% Jah — 44"% • 155 16% Mar 1% l3j Jan Apr Apr a58% a27% a27% a28% 90- 1 ; Carbon Aircraft 28% Jan 40% _ —5 (porp (Un) 37% • • common Oil Airlines Inc World 20 y4 26% 35 a82% Corp 34% Radio Inc Associated 15% < 41% 634 15% al6% common 30c 15% Mar Apr Apr 18 J Jan 619 41% 42% 28% Water 32% 32% 25 350 90 35% 120 35% P'argo 5 14% 110 3 — a34% a34% 50 • i Power Bank Preferred U & West ales Petroleum com —— T a29% e29V2 a29% 36 100 (Un) Jan 28 Apr Western Dept Feb 92 Jan Western (Un) 5 5 32 Vb 32% Jan 35'A a Stores— 25c Apr Apr 55e 220 5 5% 15% Mar a__ — '■ 3% 9% 9% 694 60 63 64% 1,055 50% 41% 41% 662 41% __ __ 39 Mar 75c Jan Apr Jan 308 5% Mar Jan Jan 27 a39% a39% a39% 29% Apr 34c 550 9% 298 1,820 33 9% Telegraph (Un)____10 Westinghouse Elec Corp (Un) 12% Woolworth (F W) (Un) 10 55 32% , Union Jan Insurance 300 55c 1 Life 88 300 1 (Un) Coast 26% 318 (Un) Corp Water 23% 29 v 32% Pictures " West Rayonler N Jan * (Un) CO a30% a30% a30% Jan Jan 1 120% Mar 50 33J/3c 32% 35% 25 cap Jan 4 562 12,189 27% 32% 114% Jan 41% 42% 54% 136 Apr 26% 40% Jan & 9% Jan 340 Co 200 Jan a57 % a58% Electric all 79% a58% Carbide alO% Apr 12 330 40% Union Oil Co of California common—25 3% Apr 500 92 Jan 46% Union 32% 1 93% 20 92 Jan Union 21c Apr 20 18% 40% 12 Ve Mar 50 62% 850 21% Mar 577 59% Mar 46% 28% Mar 7,724 138 44% Jan 26c a60%i a62% 46 % Jan 3% Mar 84% Mar Jan Jan 24c 7c 22% Jan Jan 8% 3% Jan 19% Mar 15% 20% a35% a35% 5c 69% 50 36% 26% 24c ! Phelps Dodge Corn (Un) ^ .12% Phllco Corp (Un) 3 Philippine Long Dist Tel Co__.i_._P10 Phillips Petroleum Co • Pure a35% Apr Apr 150 5 • 10c 15% 324 22% Tide United Palmer Apr 25% Apr 1,374 119% 119% —.100 37% Jan 16% 1,918 100 Mar % 4,800 29% Trans 28% Apr 15% 42% 28% 28% Apr Mar % 6c 22% 27% 1,998 5c 2 Transamenca 28% Mar 111% 111% Apr al9% al9% 84% 84% —10 28% Mar Jan a21% a21% 21 1,618 35 Jan • 33 "'1,210 15% a8 30% 1 com 100 25% 50c 26% 27% 37% 24% 15% -v~ 7.50 73 33% (Indiana) Incorporated 450 266 Apr Textron Mar 425 28% 18% Jan 32 1 28% 36% 38% 33,140 5 28% 35% 36 43 883 % 37% Mold Corp Sylvania Electric Products Jan 28% _• 9 43 Sunray Oil Corp. (Un) 28% 28% Jan 32 Warner 28% 25 Apr 8% 41 (Un) Super 36'/« Mar 33 25 ... 18% 26% Corp (Un)_ 5 Sterling Drug Inc (Un)——5 Studebaker Corp (Un) 1 Mar 35% • Tel & Oil 41% preferred Pacific Standard 3% 16% 25 — Pacific Public Service 1st 16% Feb 41% 6% 50 150 41 Cp of California 14% Mar 25 preferred ser A—J. Lighting Corp common Pacific Oil .3% 10 common red Pacific Standard 25 preferred preferred red preferred 5% (Un).... preferred red 5% Corp Electric & Standard 500 16% Feb • y2 Mar 23 Ve Mar 20 16 16% Feb Apr 1 2 Feb ' 6% , 5 5% 40 135 • (Un) Co Jan a64% a65 % • common Aggregates Feb 42% 25 — 17% ' Pacific' Coast 4% 37 • Co_ 18% 50 38 7 Feb 2 common Brands luc 41% • .... 20 a22 % a22% 12 (Un) com Sperry Com Spiegel Inc 20 Mar Apr __ —8 Jan 1 Co Ohio Oil Co Pabco (Un) Jan 6 V 131 y2 • (Un) 27% Co Edison Co 817 1 35 Jan 50 20 5 Calif Petroleum 28% 25 Jan 3'A 120 a62% 4.88% ——-25 Southern Feb Investment— preferred 2 43 — 15 (Un)—• preferred (Un) __—L— 6% 25% Mar 5% Feb 21% Co preferred 28% Northrop Aircraft Inc Apr Apr 5o% Mar 37 % Calif Gas Co pfd series A__25 Southern Jan 1 (Un) a6 a5% 8% al9% —15 — 28% Aviation ,(Un) , —* (Un) 10 North 3* 25 % 15% 6c preferred 4.32% _____25 preferred 4.48%—* _25 Conv 17% Mar 20% „ 21% 4 Co • Power 610 Cumulative Jan 25% _• i leb — _• Signal Oil &, Gas Co class A— Sinclair Oil Corp (Un)___ Socony-Vacuum Oil (Un)______ Jan 18% 13% Mar 17% a4% .1 capital (Un) 52% 8% 10 P.10 (Un)_1.40 — 1 — Southern N Y Central RR 340 22% Mar Apr 5 Inc.. 39% 30 131% 138 al8% al8% — ____— Co Southern Nash-Kelvlnator 51j4 Mar Feb Jan a6 a5% 37% __ -10 5 common Paper Co Sears Roebuck <fc Co 59% • (Un). Co.....: 27% 12% 5 Co Power Montgomery Ward & Co. Jan 36 % 26 — ——5 (Un)— <Un)„ Elec Gas & Maurlcio 3% 84 c 84c pfd (Un)_10 17% Mar — i Lead Regis Paper Co 21% 27% 10c Cement *8% 10% Mar Jan 1,045 -10 Inc—, Scott Middle 814 High Jan 15 2,172 37% Co pfd Rights w St Joseph 3% 21% 34 Bros Bldg 21% 1 16%c 41 30 __ Safeway Stores Inc___ 25 V2 Mar 13% (Un) com 6% —-—-100 Ryan Aeronautical Co.— ;; 1 21% Mar 17 10 Inc(Un) Co 16 1,555 a38 % a38% a38% Meier & Prank Co Inc Merck 1.334 22% 22% —18 (Un). 18% 22% 22% 8 y2 Feb 18% 18% Low 845 a5G% a57% 34 34% a57% —1 S and W Fine Foods Marchant Calculators Range Since Jan. 1 High 29 — Theatres Corp (Un) 1 __________—______—--—1 O Russ 9% Mar Apr K Roos 36y2 Mar 13% Libby — 38% • (Un)—25 class A Co Pictures Corp R R 2.50 Leslie Salt Co al7% Week Shares 9% 10 al6%al7% 51% 51% 38% 39Vb — — Cement Riverside Apr Low .or Apr 45 " • Mfg Co (Un) 5 Remington Rand (Un) 50c Republic Steel Corp (Un). ——-• Reynolds Tobacco class B (Un) 10 Rheem Manufacturing Co— —1 Raytheon 22'A Mar y2 ' . High 254 31% 31% 50 Preferred Sales Range of Prices Range Since Jan. 1 a51% a51% — Week's Last Sale Price- STOCKS Par 63% a22% a23'/a __ 10 1 Shares 63% (Un) Chem & Low (Un) Corp APRIL 16 WEEK ENDED Thursday Sales Range Thursday Apr 33 Jan Feb 10 39 7 Mar a Mar Jan 64% Apr Apr 45 Feb CANADIAN MARKETS RANGE Montreal Stock FOR WEEK ENDED APRIL 16 Thursday Exchange Week's Sales Range for Week of Prices Shares Last STOCKS Sale Price Range since Jan 1 Canadian Funds STOCKS Last Sale Pried Par Abltlbl tower & Paper common. 11.50 preferred Acadia-Atlantic Class Sugar • 28 Range Prices of Low 20 25 preferred Low 16 y2 Jan 25 % 20'A 2.56Q 25 Apr 26% 7% alOl alOl 43 42% 43 y2 662 55% 57 3,339 25 25% 155 106 107% 245 101% 5 6% Mar 17% 100 Feb 19 y2 Jan 101 Oil Columbia 23% 104 25 y2 Columbia Columbia Electric > Corp common pfd 51% 51 52 44% 44 44% • 15 14% 15 90 '90 90 135 82% 29 2,374 24% Jan 12 12% 1,745 10% Feb _ 100 • T_ Ltd •' 28 12% 440 51 Apr 120 39% Jan 1,115 12% Jan v 52 * Bruck Feb Apr Apr 16 y2 Mar 8 8 8% 5,692 6% Jan 17 200 16 Feb 17% Apr 23% 24y8 6,498 20% Jan 24% Apr 100 183 91% Jan 100 Apr 205 48j/8 Jan 52 Apr 4.605 5% Jan 21% Apr 17% Jan 21 51 V2 51% 6% 6% 6% • 21 »A 20% 21 % 28 38 vu 38% 39 2,160 1-75 Telephone- Ltd class Feb A 1.68 1.77 17,120 Gold • : quotations on Orders handled on Canadian Stock Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. pfd Canada f •m common Steamshin .New 5% . 20 —_ 10 — Canadian new 93 Canners W. C. Pitfield & Co., Inc. Car 30 Broad Street Canadian Class Tel: HAnover 2-9250 - $1.75 A & Canadian Locomotive' Oil Warrants 48. i 25 Vlckers 1.868 85% Feb 260 28% Feb 450 19% Jan 75 10% Feb 1003'4 Cellulose.. preferred . 93 30 20% - - :, 351% Jan 110' 7.25 Feb Feb 102% Mar 98 30 - Jan Feb 22 Jan 12 Mar Jan 102% 275 23 Apr 24''4 412 12% Apr Apr 12% Mar 5,226 21% Jan 25% 24%. Apr 25 25% a24 17 17 19% 19% 20 . 22 22 23 32% 32%. 33% 8% 8% 8% 1,355 11 11 11 10 al6 al7 70 16 16 375 12 y4 Jan 17 a3.30 30 2.10 Feb 4.10 Mar - * "1—25 * . • —a • 16 _. ' 23 24% 10 * al6% • 19 24 19 19% 30 J&n 16% Mar 20 Apr 600 19 Mar 20% Feb 2,050 20 Feb 29 Mar . 35 950 26% - 9Va Jan Apr 15 Mar 16% 15 100 Jan 103% Jan Jtrn Ahr Mar Apr 20% s Jan 24% Mar 12 .50 355 33% Mar '7% 4,592 5 24% Mar 11 30 24% .'al6 i al6% Apr Apr 405 -. 103 :103% s Railway. Ltd pfQ.i— 92 Ja n 5.00 Jan 39 a3.30 «. " Petroffna Jan Feb a24 20 Companies —- 5% preferred Canadian Pacific Canadian & 6% iooy2 — al2al2% »■ —_25 Chemical 10 11% 9 % Mar 4.00 Apr " 17 series Canadian NEW YORK n Apr 1.77 Feb 24 12% a common—* common Cottons 5.65 102 102»/2 - ——— Canadian 200 29% 102 y2 ——50 . Foundry Celanese 6.10 50 aliy4 all»A • ;— 515 20 ______ Ltd Canadian Teletype: NYl-1979 — Breweries Canadian 25 38 , 29 y2 ■ common preferred Canadian al2 102% :102% Canada Northern Power Corp— Canada Safeway 1st preferred I—100 Canadian see page Apr 39% Mar 1.63 Mar a4.25 — 100 —.i $1.30 preferred Iron Foundries ■nin For footnotes 8% 35% Jan 6.10 38 5 Canada all all 2,387 37% — • — Dredging Canada Cement T: Canadian securities. / 52 al2 I Products » Est , a'4.25 — B Calgary Power 5% - 90 29 y2 /. Bulolo Apr Apr 15 Apr 42 100 —— Mills Class Apr 44% 47 Jan ' Apr 50 Corp Anglo Canadian Tel Co 4%% Argus Corp Ltd common 4 V2 % preferred Jan 39% pfd—100 Power—. Rights Building Amalgamated 40% 5,775 17 • 100 British Apr 107 y2 4%% 195 42 • preferred British Apr Feb Feb Elec High 45 41"% 24 • British Columbia Forest Products Feb 58 % Co Low 42 .• common High 44 A—• Light & Power Bank Note Apr 47 39% Mar 46 Jan Traction American 5% Low 25 American Apr Apr 135 class British Feb 275 Paper Telephone British Apr 7 % & British High 8,787 19% Power Brazilian 20% 7% 25 Range since Jan 1 High 56% 100 Bell Shares • Co of Can 4% Bathurst for Week • 5%% 2nd preferred 8teels Sales 19% 100 Aluminium Ltd Atlas 25 • 5% preferred Algoma Steel Asbestos 20% * common A Aluminum > Week's Par ,-v- , Thursday Jan 16% Mar 17% Jan 21 Mar Number 5317 ...The Commercial and Financial Chronicle Volume 179 (1755) CANADIAN MARKETS RANGE Thursday STOCKS Week's Last Range '• Cockshutt Tonsol Par Farm Eauipment Mining & Consolidated —_ 6% ———* A class * 6 28 Distillers Bridge Coal Dominion Foundries & Steel pfd 220 111/2 41'/a 21% 237 Jan Apr Wilsils 36 Jan 41% Apr Winnipeg Central Gas Winnipeg Electric 5% pfd 28% 29% 4,436 27% Jan 30% 161/4 16% 2,640 15% Mar 16% Apr Feb 6% 7 260 13% 13% 550 101 101'/2 • • Coal 39*2 25 39% 40 7 11 12 100 21 21 610 8% 8% • 7% I preferred 8% 2,261 7% Jan 90 20% Jan 6% 6% 1411/2 * 18% 25 Ltd Famous Players 25 a25 8% Jan Apr 8 Mar 141 % 57 Jan 34% Mar 35 Mar 38% 53 35 Jan 39% Feb 45 96 Apr 100% Apr 975 17 Apr 38% 100% 100% 17 18% Jan 25% Jan 25 Limited 16% a9 a9 15 7% Feb 9% Apr 100 % 100 % 45 97% Jan 100% Apr 20% Jan 25% Apr 29' Apr Apr • 100 — • common preferred 24% 39% 10 Foundation Co of Canada common. Fraser Co's Ltd 100 9% Mar 7% Feb 2.705 19% Jan 23% 25 Montreal Nova ••"..•'."v: — Scotia 39% . Commerce Imperial Royal 29% 35 35 35% 38 " 10 __ 5% Power 15 6,620 12% Jan 15 Apr 17 17% 2.892 15% Jan 17% Apr General Bakeries General Steel Wares Goodyear Tire 5% pfd 4% 41% preferred • 25 _ Bronze 6% Canada International Petroleum 35 Jan 43 59 Jan 67% Jan 101% Apr 75 a52 20 40 650 23 48% Feb 52 Apr 32% Jan 40 Apr 19% Jan 23 Apr 35 47 Mar 48% ' 468 ./■;/ 46 3,170 *';/ ■ British $5 44% Jap 48% Apr 38 Jan 47 Apr Lake Laura the Acceptance class Jan 24% Mar Structural Class Export 40% Canadian 40 125 34% Jan 40 495 39 Jan 44 15% 16 395 38 39% 5,711 131% 131%' 15% Jan "Apr Apr 16 Apr 34 Va • Mar 39% Apr Malting Starch Sugar Ltd Co Ltd Co B _ Mailman .. Ltd Corp Industries Ltd Marconi Ltd Co Ltd Mitchell S) (J Mitchell Molson Class 125 25% 2,207 al6% 19% 19% 30%/ Ltd class A „27c Drug Preferred & 20 _ .. 18 Jan 20% 19% 20% 2,615 17% Jan 20% Apr 18 18 18 400 8% 8% 8% 32% 33% 1,425 37 37 25 151 24% 25% 416 16 V* 16% 700 56% 56% 43 11 200 37 25% 16% — 10% 15% <fe Mar Feb 67 % Apr 22% 60 64 42 75 42 Apr 20 110 a 29% 24 435 30 Va 5,377 14% a 74 % Apr 29% — Apr 24 % Mar Apr 110 26% Jan 32 Jan 42 1 47% Feb Feb Apr 110 Mar 29% Jan 30 Va Apr 35 Jan Apr 38 Va Mar 31% Jan 36 % Mar 92 Jan 96 % Apr 13% Jan 14% Jan 24 25 805 22 Jan 25 Apr 30% 30% 115 23 Jan 35 Feb 12% -12% 12% 2.893 13% Feb 46% 45% 47 2,611 37% Jan 47 40 40% 1,094 39 Jan 41 Mar 47 % 44% Feb 48% Apr 25 Jan 32 Apr 23% Jan 26 Apr 24 Feb 25 Mar Ltd common common- of com certificates 12% Mar 720 48% 32 32 75 25% 26 1,420 25 5 Canada common 47% 32 26 preferred 25 210 - - 10 al2 tal2 common Canada a a— __ Steel Co of Canada 14% Mar Apr 17% 17% 983/ 30% 31% 705 29 Jan 31% 38 40 115 32% Jan 40 Apr 31% 31 31% 2,045 31% Apr . 29 Mar 32% 32% 776 Jan 32% Apr 3.40 3.45 5,200 3.40 Apr 3.45 Apr 3.35 3.40 1,500 2.59 Jan 3.45 Mar 11% 2 — 29% 3.35 Ltd 11% 11% 740 11% Apr 12% Brothers Oils 23 Ltd 'preferred Bakeries Ltd Corp 1 of Crown __ Jan a3.00 ' 125 2.50 Jan 12 160 74 5% Mar 12 300 10 Mar 12% Feb 225 62 Apr 68 980 a83 a83% 26c Feb 30c •"i/■: Apr 7 Feb a70c a70c 61 70c Mar a23 a23 a23 25 47 48 2,632 v 15 47% a20 ,"/ ■ ■. • 13% Woollens Dominion & v 407/a — Jan Jan 48 Apr a „_ 14 Apr 40% 46 2,469 34 Jan •■■■'* " £..*••-'v./ ' '•- //•"" 46 Apr 22% — 23 250 22 Jan 28% & HART 12 100 12 Apr 13% Mar 34 34 124 27% Jan 34 Apr 39 34 % 40 1,275 21 Feb 40 Apr 3.00 3.00 100 a60 a60 • 1.60 1.60 a60 1.60 50 200 • 94 90 100 3,087 63% Jan * 23 23 23% 6,410 19 Jan 23% Apr 31 Apr » Worsteds * Kootenay Power V>'r pfd Fleet Manufacturing Ltd Ford Motor Co of Can class — 100. A Great Lakes Paper Co Ltd com & Dauch Paper Co Ltd— . Hinde Interprovincial Ltd—— Utilities Investment Foundation Ltd 6% Journal 2.25 Feb 3.00 Publishing Co of Ottawa (Alfred) Inc Co 8% Paper Mexican Pr Co Crush Ltd Russell 26 Jan 29 Apr 52 Feb 57 Mar 70 a— Stowell 59% i 213 10% Feb 12% Apr 18% 1,940 15% Jan 18% Apr 59"% 295 58% ' 8% ' ' a__ 54% Jan 60 8% 100 7 Jan 8% 96% 96% 96% 15 92 Feb 96% 88 88 88 25 88 Apr 91 a38 26% __ 27 10 < 50 a51 a— 33 a— CANADIAN STOCK Supertest * 17% Corp class A —1• Oil Pipe Line * 37'A 26% -* 36% Petroleum Tamblyn Ltd Ltd _— (G) Traders Finance Trans Mountain Union Gas United ST. Jan Canada -Ltd— of Vanadium-Alloys 1181 QUEBEC - Pen (L E) (Jack) <fc Co 22 Jan 24% Apr 50% Apr 50% Apr 4.15 64 3.75 200 3.50 Mar 112 21% 80 110 % Mar 150 13% Feb 21% 14 500 11 Feb 14 al8 al8 90 10 al28% al28% 17% 124 Jan Jan 113 43. Apr Apr 19% Fefr 130 >al9 al9 55 a__ a__ alO alO 10 a._ 17% 200 17 5 a__ Mar a— 17% . Feb Jan i ~ a40% a40'A , Mar — 17 % — a__ Jan 37% 20 Jan 27 36% 160 '33'A Jan 37% Feb al4 7.00 14% Feb 200 2,800 37% 27 36% 2,275 • Feb " 10 13 Feb Mar * — 10% 10% 10% alO alO 50 10 Jan a22 a22 a22 275 20'/a Jan 23 Mar —5 — al8% al8% 15 17% Jan 18 Feb a23 a23 150 3.50 3.50 4.40 9,100 4.35 600 4.30 19c 19c 100 10 %c 3.15 — Ltd.. — Ltd Manufacturing Co Ltd ■" r— 32% 655 36% 26% * Ltd_i_ Co Ltd,— Breweries Canada Apr al4 7.00 —* Ltd Products 5.75 Mar 10'A Apr 9% Mar 7.00 Apr 10% Apr ; -- —a23 . ' t , a— A, Mining Stocks— Aconic EXCHANGE Mining WEST, MONTREAL Anacon Mines Mines Lead 1 Corp Uranium Ameranlura Ltd Ltd Mines —1 3.50 — 1 Ltd 19c • 3.20 Ankeno Mines Ltd * Mines * — 3.40 780 10 %c 10%c 2,000 2%c 6,100 21c 4,000 500 3,500 ll%c ll%c 1,000 2.85 Mar Apr Jan 2.52 Feb 3c Mar 3.50 Apr 4.40 Apr 31c Jan 3.§0 Jan 12c Jan Offices: Arno SHERBROOKE - ST. JOHNS, P. Arnora Q. Ascot Ltd Sulphur Mining Corp Metals Corp Ltd Atlas Sulphur & Iron Co Ltd Avillabona For footnotes see page — Apr EXCHANGE St. Catherine Street West, Montreal TROIS-RIVIERES Apr 27% • Steel ■ Telephone PL-9501 Branch Jan Jan 14 — Corporations class B Algom JAMES Apr Apr 24% 112 21% „ Apr 405 3.75 — Mar 27 233 — —* • Jan a51 al8 B 5 28 9% a24 __ ♦ ,r Jan a24 * 112 pid—100 3,625 33 a38 5% a50% ~ — •__* <. 600 32%^ 33 / * cum ; 9 class A-——*—— Screw Co al4 12% 17'A — • Ltd Ltd— Industries al4 12% __ —« common__l Southern Canada Pr 6% Apr 5 5 — Ltd 8% 10 Corp of Canada 6% 1st pfd_100 Quebec Telephone Corp common 5 (Can) Jan Jan 53 Power Reitmans 4.85 29 _• com Northern Quebec Power 1st pfd Orange 31% Jan J* _ Refrig & Storage Ltd Corporation Ltd oommon & Feb 4.10 5% '/ 29 / * Montreal Lt Apr 53 —— Light & Pow Co Ltd Newfoundland 100 1.70 Mar 100 29 1 Minnesota & Ontario Paper Co Moore 850 * pfd Ltd Co 8% 1.20 Jan 100 — Mersey 8% 18% MacLaren Power & Paper Co Maple Leaf Milling Co . STOCK Apr Mar 65 53 Mi McColl-Front-enac Oil 4% 17 Mar * Lambert (Walter 31% a4.50 65 50 * Lowney Ltd V 31% a4.5Q — • com preferred— conv ?' a4.50 * Hydro-Electric Securities Corporation.* Woods MONTREAL STOCK EXCHANGE TORONTO Jan 12 34 • " SAVARD Jan Apr 80c a a~ 15 Apr 7% 12% Mar __ 46 a20 13% ' a__ Jan Apr 85 82 * Western ST. Mar 9 20 5 Dominion Engineering Works— Jan 300 pfd—20 Corp 6% a70 • Dominion Magnesium Ltd i Dominion Oilcloth & Linoleum Dominion Structural Steel Ltd, Westeel 276 Apr 3.75 3.35 Feb a7% * • Zellerbach Watson MEMBERS: Feb 2.75 Mar 11 a7% 1 Canada (R L) Waterman Steel 72 Apr 4,70 Jan * Consolidated Paper Corp Ltd Coitsoliadted Textile Mills 5% Crain • com Apr 17% common Apr 260 200 80 4.95 , 18 39% _ Power Advertising cl B redeemable Class 31% — Co 5% Gen Enterprises Apr 40 25 Simpsons Stores 36 250 1*. common Sons Jan 125 29% 10 Shawinigan Water & Power (Hi 26'A a23 a23% 29% Power trust 13 Va Ma* Feb 32% 330 4% Jan 58 al5 Williams Apr 30% Mar 96% A 11 125 14% Breweries Feb 681 96% Corp Feb 25 50 Lawrence Jan 60 11% 755 Co 16% Jan 9% 2,276 Oil Jan 47 32 38% Paper Apr 67% 35% _ 25% 25 29% • _ . Feb 110 •— 16% Mar Apr 23 Neon East 25 Jan 35% 100 common. Transnort Mar 67 a23% —1 preferred Feb Feb 16 23% 16 38 Provincial 37 37 . 31% •' Ltd Apr 290 60 __ 33% 12% 0 « (Jan Jan 25% 67 0 ... Jan 25% — _ 46 Feb 35% — 0 r. 18% :8% 12% 25% 0 —« common 26% 100 25 7% 970 al5 a 15% Apr 18 6,865 33% 34% United Apr Apr 38% Triad 19 44 35 % Thrift Jan , Apr .12% Mar Jan 20 ..5 Products Bros <fc Co Tooke 15 14% Mar 10% Mar Jan Power Corp of Canada Southern 32 Feb Price Southam 19% Apr Jan 18% * Powell River Company Simon Jan 28% 40 corn- Placer Development Voting Apr 5 —* Ltd preferred Series Feb 100 5 Penmans Sicks' 16% Consolidated Div Standard Sec cl A—* Preferred « 20 40 _ Mills Steel Sherwin Consolidated a40 Page-Hersey Tubes 8t Jan 25% Mar 20 * _ Mines Royalite 33 Jan a40 —-it- Chemical _ Flour Rolland Combined 20 25 Niagara Wire Weaving Quebec Claude Feb 17 75 • National Steel Car 4% 1 Jan 31% 15% 1,000 al9 85 30% Mar 50 al9 — 3 __ _ Apr 25% Mar Jan 12 * 21% 485 15 « Jan 35 72 4.95 •, 1 28% Mar 25 16% 30% 19% common Telegraph 6^« a 12% Locomotive Ontario 32 % • class A Montreal Ogilvie 32 24% 3 new Montreal Noranda 390 ? 15 B National 25 30 .... (Robt) Breweries 23% 100 Mar 85 25% — 25 2,502 207 78 84 29% .* Oil 25% 45% 9 Cinzano Apr 57 % Mar 3.70 Apr Feb 193A 59 9 26% Jan Feb 3.70 Jan 3 McColl Frcntenac 17 Jan 27c 19 Feb 5.25 57 27c 1,642 98 4.90 Mar 53% 68 26'/B Feb Jan 88 Apr 24% Mar 12% a3.00 41 Ltd Co Apr 10 Jan 25 12 Westinghouse 15 Jan 8% 30 65 Feb 64 Jan 9 59 10% 132 Jan Apr 2.60 Mar 44% 45 • Company / 25'A * com— Feb 9% 59 / — 68 Jan 54 12% Massey-Harris-Ferguson a99 12 129 25% .. 3,900 Canadian 13 15 priority 20 12 Canadian Power & Paper Inv Ltd * Canadian Silk Products Corp class A_* Canadian Western Lumber Co .; * 367 12% com.. 9% 11% 14 5 Investments Gen Canadian 64 • A 13 % 14 9% 11% • Canadian Ingersol Rand 63 3 Steel class 10 14 9% 1 * _• Dominion Canadian Jan 43% A a56% a56% 34% 3 MacKinnon Feb — 23% "~20 MacMillan 1.20 • 1,607 —3 A— 2.60 27 Jan 965 1,400 * Preferred 2.40 7% 19% 40% — — 2.40 High Jan 9,700 2,800 18% 24% _ Secord Laurentide Low 25 840 f 19% 64 • common. 27 9% • & 40 * (John) Woods 27 9% Canada Canada 32% Limited of 27 70 Canada 85 Labatt Range Since Jan. 1 100 Feb 29% com. Shares High 5% Jan > Ltd Sales for Week a99 35% Utilities Corp common,.5 Service Mar Exchange 5'A 10% Power Public 44 a98 Feb International Jamaica Jan — Jan 39% 5 37% 1 9% 40 class common— 1st preferred 28 Va International Pipe Lines 1,060 9% * _ conv 3,135 43% Preferred 38'A Mar of Prices Low * 5 ■ Interprovincial 35% Mar Jan Butterfly Hosiery Co Ltd 4,331 Apr Packers B Company 24% » Jan 36% Range Par - Columbia Class Brown 9% 40 Feb 33 100 1,690 Week's Last Anglo-Canadian Pulp & Paper Anglo-Nfld Development Co Arcan Corporation Ltd 34% 15% 30'A Apr 100 /.: 9% 7.50 Ltd Co Jan . 33% Too _ common. 5% 100 40 % * common Paper Feb Apr 34 25 pfd preferred International , 40 , 5% Apr 9% 30 , preferred 23% 111 1,157 23 ■ • common Jan Jan 42% 48% 46% 25 — 20% 104 67% 23 • Acceptance Corp $1.50 preferred of a5% 38% 50 Industrial Nickel 5% 101 101% • 7% 50 41% 40 — Intl 2,930 109 a52 • — 44% Mar Jan 36 Funds Thursday STOCKS * 67% 1927— —50 Paper common International 23% a Imperial Oil Ltd Imperial Tobacco of Canada common.5 $2.00 23% .100 pfd inc Alabastine. $2.00 preferred Hudson Bay Mining 4 ^ 5 Gypsum Lime & Howard Smith vf 109 3 Motors General CO 3 Ltd Dynamics General CM CO Jan •27% 43 Canadian Stock Feb 14 Too , 38 42% 43 10 Feb 15 • common preferred 40% 42% 355 1,035 44 29 Jan 4251 40 43% 29 10 i , — 10 . Canadienne Sale Price Gatineau Mar 28 Apr 9% 8 17% _• common,. 20 Apr 23 23% 350 29 29 in 24% 29 — 25 i ——- Mar 23% • Jan 17 Canadian 1 Ganadian Corp Apr Jan 10 Apr 15% 200 * 50 1,720 Apr 18% 23 375 a9s/a Jan Jan 3.704 a24 12 % Banks— Apr Apr Apr 23 Feb Feb 56 — * i 10 Feb Jan 140 760 24% 1 6% 10 18% a25 v 20 Products 1,238 141% 141% a9% • Heating 6% 18% Eddy Paper Co class A preferred Electrolux Corp 1 40% 12 21 ; 100 Ltd Jan Jan 200 55% — 100 High Low 12% Jan 101% 9% Mar 18% a23a23% 23 % common 15 Jan 35% 7,790 21/ • Apr 13% Mar 905 12 * Redeemable preferred preferred ZellerS 8% 7 * Range since Jan 1 High a34% a34% 55% . Ltd 16% 7 • i 11 4%% Shares 12% — A— common 12 • & (Geo) Jan Ltd Enamel Weston Jan Chemical common Brewery Apr class 10 Stores Dow Feb Works & Ltd 10% Tar & Bros Grocers 10 Dominion Donohue Western 8% 125 Dominion Dominion Textile Apr Jan 28 for Week Low - j * Cotton Walker Gooderham Jan 25 I Wabasso 28 Feb 6 , Jan 23% com, common & 28 411/2 100 Steel 100 alO% alO% 411/2 25 Preferred Dominion 61/2 Va 11% * com— new 6% Glass 6,910 Par High 7% Mar Sales Week's Range of Prices Last Sale Price 2 Dominion Dominion Dominion 28 11V4 * Seagrams 1.280 27% * Class B Crown Cork & Seal Co.. 1G STOCKS Low 8% 27'/4 • i—— APRIL Range Since Jan. 1 High 8 Va 28 —— Glass Consumers Corbys • Smelting Textile 8 Va ENDED Thursday Shares Low • WEEK for Week of Prices Sale Price FOR Sales Mines Ltd „_'l 1 1 1 2%c — 6%c 7c 55c 21c 55c 19c ll%c l%c Feb 6c 38c 16c 11 %c Mar Mar Apr Apr- 2%c Apr 11c Jan 55c Apr 35c Feb 21c Jan 39 40 Commercial and Financial Chronicle... The (1756) Monday, April 19, 1954 CANADIAN MARKETS RANGE WEEK FOR •*' Canadian Stock Exchange (Cont.) • Th,£a;ftay '" Ran*'" Sale Price STOCKS Barvue Mines Ltd ..1 —1 — Belvilie Go,a Mines Ltd— Bonvllle Gold Ltd Low —1.58 1.58 709 1.40 Mar • 37%c APRIL Hi 40c 3,500 17c 17%c 5.200 31c Apr 60c Oils Ltd Shares ; Range Since Jan. 1 8.00 17,245 1.80 1.80 300 1.00 Mar 11 +— High 6.95 7.80 11 425 8.15 __ Low High 5.90 Jan 8.00 Apr 1.95 Jan Feb 25c Mar Okalta for Week Low 1 Ltd Petroleums Apr 1.64 Feb 16c Par Merrill Sales Range Last Sale Frice 1.25 Apr Week's of Prices Thursday High 1.25 17c vtc~ High 200 38c ENDED ;* r" Jan. 1 1.25 —1 " STOCKS Shares 1.25 ——1 Mines Ltd Boreal Rare Metals low 1.25 *"* for Week of Prices Par I—... Barnat Mines Ltd ' Sale* Pacific Jan 2.30 2.25 8c 8c 500 1 >10c 10c 10c 1,000 1 80c 50c 1.25 71,000 Campbell Chibougamau Mines Ltd 1 Canadian Collieries (Dunsmuir) Ltd._* Carnegie Mines Ltd • 2.75 2.74 2.75 2,400 9.60 9.50 9.60 300 37c 45c 41,500 45c Jan 6.25 6.35 300 6.00 Jan 6.50 6,000 8c Mar ll%c Jan 68c Ltd Petroleums ' Jan 11% Mar Apr 9c 10Vic 1 Bouscadillac Gold Burnhurst Mines Mines Ltd 1 Ltd __ 2.35 3,300 2.05 Mar 2.80 Feb 5c 10c Jan 1 Phillips Oil Co Quebec Oils Development Mar 14c 15%c Apr Sapphire Petroleums Ltd Calumet Cassiar Celta Uranium Mines Ltd-— Asbestos Dev Corp Ltd.—„* Mining Co Ltd—__ * & 40c — — 50c Apr 1.26 2.95 Cobalt Explorers Cons Mining Ltd 1 Consolidated Candego Mines Ltd.. 1 Consolidated Dennison Mines Ltd,—1 Coulee Lead Dome Mines Duvex & Oils Zinc Mines 1 Ltd & East Rim East • Minerals Sullivan Nickel —1 Ltd Mines Ltd...— 1 Metals Eastern Smelting & Refining Fab Ltd Corp Mines Ltd Metal 1 Mines Ltd Eastern El Sol Gold 1 . 1 ^'_.„._1 — Mines' 1 Falconbridge Nickel Mines Ltd—. Fenimore Iron Montana Mines Mines Frobisher 55c Souris 9.65 Mar Jan 30c Feb 55c * Ltd <1945 ) — Limited 45c Mar 3.600 90c Mar 12c 20,500 10c Feb 20c 45c 500 45c Apr 45c Valley Mines 3,000 22c Feb 28c Giant Yellowknife Grandines Gui Por Gunner Head Mines Gold Ltd 16% 375 Jan 16% Trl-Tor 17c 1,000 15 %e Apr 17c 2,900 88c 14 1.10 1.14 Jan 1.15 Oils Westburne Mines Lakes 4.50 1,300 3.60 Jan 4.50 85c 7,200 75c Feb 1.42 2.70 2.80 13,300 8c 8c 500 21c 22c 4,500 16% 16% 440 ... 22c 2.45 Mar 8c Apr 35c Feb 16% 67c 12,500 48c Feb 2,500 2c Mar 4.75 100 4.00 67 Vic Gold 5.15 Apr Abltibl Inspiration Iso Mining & Dev Co— Uranium 6.45 Jan 8.60 100 7.80 Jan 9.25 16c Jan 29c Jardun Mines Ltd voting trust 36c 20,600 17c Mar 38c 200 33c 4,000 35c 1,000 14% 8.55 Mar 26%c Yukon Kerr-Addison Mines 16% 7,297 12 a5c a97/BC a!3%c 11 2,184 16% 2.55 2.73 3,300 1 67c 67c 80c 43,300 50c Feb 10c 10c 10c 1,000 9c Jan 2.00 Lafayette Lorado Mines Ltd 20c 21c 8,800 67/2C 6%c 7c 7,500 5c 4%c 5c 8.500 18 18 18 1,300 17 Asbestos Uranium Louvicourt Mackeno Mines Mines Ltd Goldfields Mines Ltd 1 15c 14 %c 16 %c 1 — Ltd—, 45c & Oil Mclntyre-Porcupine Mines Ltd.. Island Mining Ltd Mining Corp of Canada Mogador Mines Ltd Molybdenite Corp of Canada 5 New Larder "U" Pacific Coal & Yellow Knife Consolidated Distillers 88c Alberta Pacific Aluminium Gas 22c 5c Jan 2nd Co Feb 7c Apr Apr Santiago Vinray New Normetal Nubar Mines 1.44 1 of Canada Leduc Uranium 1st Apr Jan 19% Apr 16c Feb Apr 19% 19% 765 10c 11c 6,100 10c 16c 15c 17c 12,150 15c Jan 17c Jan 77c 80c 3,100 70c Feb 85c Jan 81c 8Gc 2,700 77c Mar 1.00 1.15 1.21 7,075 1.10 Mar 1.48 Jan 3.35 3.30 3.35 2,000 3.50 Feb 2.15 Feb 17 Mar 1.80 1.80 200 3.20 1.75 Apr Jan 43% 42% 43 % 935 39% Mar 53 55% 57 % 6,074 46 Jan pfd_.—_25 25% 25% 25% 105 23 1 107% 105% 107% 315 14 %c 14 %c 1,500 26c Mar 40c 4.70 Jan Apr Feb 47 Feb 58% Apr Feb 25% Apr 104 Jan 107% Apr 11 %c Jan 18 %c Feb 36c Jan v-' ' — Nepheline Ltd ; 30c Oil Dev 50c A 19 %C Lead 1 3.30 Jan 15c Mar 23c Jan 550 10% Jan 13% Feb 2.50 Feb 3.80 6c Feb 9c Jan 6.00 Jan Anglo Canadian Anglo-Huronian Pulp & 7%c V 5,200 5.15 5.10 5.25 6,465 4.85 52 50% 52 265 48% Jan 3l%c 31 %c 10%c • Paper pfd 50 Mar Jan Apex Cons Res • Aquarius 1 * Anglo Rouyn Mines Mines ; 1.03 Jan 1 Oil Ankeno 75c 25,750 7c 64 „ 10,725 20c 19,200 26c Jan 95c 11% 3.45 Apr Feb Mar 3.10 Apr 1.19 22c 1 Jan Anglo-Canadian Jan 24c 30,425 18c 11'% • Petroleums 31c 90c 5 Anacon Jan 28c 95c 1 — class 19c 12% 400 10% Feb 12% Apr 20c 3,500 84,550 10c Feb 23c Jftn 1.05 68,309 23c24%c Arcan Porcupine Corp Area 1.75 Mar Apr 5c 1.18 5,100 21c 23c 1,900 Mar 10c 15 663 -32c 2,300 14% 9c 10 %c :V 5c Apr 40c 48,700 12 21c 8c Jan Jan 52% Mar Jan 15 Apr Mar 46c Apr Mar 13c Feb 6c Jan 5%c 2,100 4c Jan 22c 40,000 19c Mar Metals Com Hardware 4c 4%C 7,625 4c Apr 6c Jan Athona 7c 8%c 7,000 7c Apr 11c Apr Atlas 2.90 2.90 100 2.40 Mar 2.92 Mar Atlas 1,000 12Vic Mar 15c ' (Quebec) Ltd. 1 l.td J Ltd class B_ 15c/ 33c 500 1.40 1.53 39c 4,000 17c 18c 1,800 3.00 3.00 900 __ 1 3.00 SO 89 15c 15c 1,000 52c 51c 56c 31,100 23c 1.10 Mines 14,700 1.00 38r Jan 2.55 Mar 65c Mar Jan 860 Jan 15 Apt- 67 90 12% 82% Feb 90 Apr 14c 36c 24c Jan 63c Mar Jan Jan 1 .. 16% 220 8%C 9%c 9,300 8%c Mar 13c Jan 12 12% 2,440 10% Mar 16% Feb 2,OC'D ll%cMar 16c Jan 1 12 %c 12%c 15% Jan 1 7%c 7%c 7%c 6,066 11c Jan 1 9%c 9%c 10c 20,500 6V8C Jan 13c Mar i8c *; 5,099 16%c Apr 39c Jan 15c Feb Aunor Auto Jan River Mines 1 16 %c 1 Aumaque Jan Feb 1.55 16% Mar 16% 9%c 12'/2 (1937) Mines 3.20 Mar 2.53 Mar 900 46c H13—, Aubelle Apr 34c Jan 14c 2.50 , Atiin-Ruffner Jan 39c Apr 2.25 _10 Yellowknife 39c 14% 1 Steels __ 41c 14 2.10 Mar Jan 7c .. 44c 100 4%c • 2.25 1 ' Ascot Jan 29%c 17c 19c • Jax 1.00 • 21c • Mines Preferred Apr 23c 900 1.14 1 Mines 7% ' _ Petroleums 50c Dome Mines 26% Mar Jan 3.25 Mar Yellowknife Amurex Aumacho East Apr 6% 8,006 43c 23c __ _____1 Preston 24"% 27,570 Apr 7c 1.15 * Ltd Orchan 1,370 40c Jan 1.53 23c 1 Ltd Opemiska Copper Mines 7% 20% 4.50 — Larder * xMines 2,697 7% High Jan 34c 13c 23c 9%c • Mines Nudulama 16% 4.15 39c 1.38 » 1 Ltd Mining Corp. 10,349 39c 1.100 54% Low 20% 4.35 II,000 20c Range since Jan 1 High 25 % • American Jan 18 45c 275 Shares 1 preferred American 7%c Mar Apr 14 %c 1,000 for Week 19% • 19c 64 Range of Prices "1 Consolidated 43c 23; Sales Week's * common Ltd Amalgamated Apr 4%c - Exchange 20 * Algom Uranium Mines Ltd Algoma Steel Ashdown New Apr 1 ____ 6,600 12% 1 Ltd Ltd...... Oils 18c Jan • Mines..., Island New 15c x._ 45c 23c 12% Formaque Mines Ltd Highbridge Mining Co Ltd— New 1,000 24% • Argus Corp common New 18c 25 « Alberta Jan Jan 17c 38,200 ^63% — 1 ^ Mar 20% __ 16c ...1 Merrill Jan 75c 11c 39c 18%c 1 Ltd 84c Jan 13%c Mar Feb 1 .. Mar 55c 7% Anchor Gold 63c 3,300 • common Alberta 3.35 Mar Jan 21c 1 9,712 74c 1.15 Apr Apr 12c 5%c Mar Jan ■ —20 — Petroleums Akaitcho Jan 35c Apr .1 L d 73c 72c Low 0 Acme Gas 33 %c Mar Jan 35c —1 Mining Dev Co Ltd Kenmayo 69 %c 18c L'«' common. Class A Apr 9.50 Paper American Kayrand Jan 1 — Acadia-Uranium Feb 1 H Ltd Ltd Jan 3,000 9.50 & Power Acadia-Atlan 10% Mar 32c J Mines Mines Feb 95c Last $1.50 preferred Aluminum Jaculet 65c Apr Par Feb 500 33c „_1 .. Feb 60c Sale Price Apr 9.15 1 Ltd Mines 60c 14,900 Thursday Jan 3c 9.15 16% Minerals 200 72 c 71c • Limited. STOCKS Apr 2%c 31c Ltd......5 Ashley a60e Canadian Funds Jan 14 64c 35c Mines Jan Apr 60c Toronto Stock Jan 21c 2%c Ltd Hollinger Cons Gold 1.75 Apr 74c 1 __ Co 3.00 Mar 13c Apr — __ 1.74 aGOc __ 1 Jan 26c 26'Ac 1 Ltd... 1.80 Mar 54c 65c _ Ltd Oil Apr 81c 8.80 Ltd..* Ltd Iron Collieries Hudson-Rand Metals Ltd Co Feb 4.25 — 82c ° ...... 900 Jan Mar Apr 1.12 9.15 Oil Apr 17c — " ..... Mines the of 1 Mines.... Gold Uranium Hillcrest J ..... <» Feb 16% ♦ Ltd —__ Petrol-Chemical Ajax Geco _ Apr 2£>c 4.75 1 1.75 1.25 40c Jan 25c __ 16% 300 Jan 1.37 45c „„ 16% 1,300 Jan 2%e .1 Ltd 2,000 98cp 11c 11c 57c 98c Corp Ltd-.^-——1 1.60 a45c 1.74 a45c Jan 7.75 Trlcan Apr 2.70 Mar Western Chibougamau 1.50 a40c __ 1 _ Jan 6 Vac Mar 12c 2,300 IOV2C Mar 2.10 2.20 1,525 1.96 Mar * common 11 %c 1 Gold Electric 9 9 1,045 9% 9% 8 2.45 9 Apr Feb Jan Mar ' Class Que Chibougamau Gold Quebec Copper Corp Fields Ltd....1 Ltd.. 8%c 10c 4 890 —_ 81c 85c 4,300 — 10%c 11c 4,500 3c 3c 5,000 __ 1 Quebec Smelling & Refining Lid. 1 Quebec Yellowknife Gold Mines Ltd__l \ 7c Apr 12c Feb 85c Mar 18c Jan 2%cM'ar 4c Jan 8c ■■■•: : ■ .1 120 9% 9 Jan %C 16,100 10c Mar I3V2C 5,000 13c Feb 19 %C Feb Feb 1 11c 11c 12 1 13c 13c 22c Apr Jftn ■; . Bagamac Mines Bailey Selburn Oil & Gas class A 1 4.75 4.75 4.95 2,235 3.70 Jan 5.40 50c 2.12 2.12 2.40 4,000 1.80 Jan 2.55 Mar __1 6%c 6%c 6%c ■ Crest Gold Mines Rix-Athabasca ! Ltd Uranium Mines c Roy Silver 3V2c 3%c 1.35 1.35 8c 8c ai2c al2c 1,000 2c Bankfield "'3Vic Feb Mar Oils ; Consolidated 2,600 6 Vac Jan 8%c 40 820 35% Jan 40% 43% 44 1,545 40 Jan 45 43 44 165 ' Ltd-.l Royran Gold Fields Ltd Banff .-"1 , Red k A Avlllabona Mines Ltd Apr 65 %c 1 __ —... __ 4 0 c 500 of Jan BaxiK 10 39% Jan 13c Jan Bank of Nova Scotia 10 44 Apr 14c Apr Bank 10 43 1.14 Mar 5,500 8c 12%c 1.58 Montreal of Toronto 39- 41 % Mar Jan Apr Mar 44% Mar ' Mines Barnat Sherrilt-Gordon Silver Miller Stadacona Standard if Mines Mines Mines Gold Ltd 1 Ltd (19441 Mines 4.15 1 Ltd 1.15 * 4.25 1,700 1.06 1.15 5,500 93c 3.90 Feb 4.25 1.15 Apr Barvue Mines 26c Jan 33c Feb 16c 10,000 9c Jan 16 %c Apr Barymin 6c 6c 1,500 6c Mar 12c Jan Base 8.60 8.00 8.60 10,000 6.50 Feb 8.60 Apr Baska 2.30 2.25 2.30 500 1.70 Feb 2.30 Apr Bata 1 Ltd 500 15c 6c 1 Steep Rock Iron Mines Sullivan Cons Mines 8c 8c Tiblemont Trebor Mines • 12c 8,500 6c Mar 10c Oil & 3,000 10c Mar 16c Jan 6c Apr 14c Jan Ltd 11c 12c 1 6%c 6c 6%c 3,009 1 Ltd Mining 1.25 1.14 1.27 III,709 15%c 13c 17%c 10,090 20c 20'Ac 2,000 1.14 Mines United Asbestos Ltd • Corp Ltd 1 United Montanban Mines Violamac iWaite 1 _ Mines Pyrite & Ltd— 33c 40c 1,350 1.80 _1 ... Mineral Products Ltd l Western Tungsten Copper Mines Ltd„T Yukeno Mines Ltd 1 Oils Ar»rnne 12% 31c 6,009 Limited • Co Ltd Ltd 17%c Mar 30c Jan Rpllekeno Apr Belleterre l Calvan Petroleums Ltd Petroleums A 3.40 Southern 1 Ltd— Oils Devonian Homestead Canadian Willistm Consolidated Rio Empire Oils Ltd 10c Minerals Ltd, AlkmbfaSLQil Oil & « & Gas____1 1 Minerals Petroleums Inc___ 1 Ltd_ Jan 19c 37c 44 %c 2.000 44 43 c 6% 45 160 11,976 40c 45c 6% 6% 450 70c 65c 74c 7,100 42 l • • Telephone 25 Mines 1 41% Jan Beta 9.10 Feb 12% Apr Blbls 38c Jan Bldgood Kirkland 1 Biltmore ♦ Quebec 29c Feb 6,300 5c Apr 14c 1 _ 38c Mar 92c Mar 18c 18c 4,000 13c Jan 18c Mar 56c 55c ' 60c 1.600 5.05 5.20 24c 22c 25c 4.90 4.S0 30c 3,500 23c 200 30c __ r Jan 19 %c Jan Apr 5.60 20,300 36c 3.80 Jan 30c Jan 30%c Mar 41 % 18c 6% 5.35 Jan 5.10 600 4.35 Feb Mines • 9,787 23,600 4.00 50c 50c 22c 100 40c 900 8.70 Jan Class Hats 18 %c 23c 23c 4,800 2.15 1 40 Mar A preferred __ 18c 2.25 625 1.75 Apr 7% Mar Feb Jan 42 Mar Feb 22c Mar 3.40 Mar Jan 2,500 72c Jan 7,000 15c Mar 43c Jan 28c 54,100 14c 26,900 6c 6 V2C 2,500 5 5 23 — 4.50 Mar 11c __ Apr 13c 18c Feb 35c Jan 9c Feb 14c Mar 5%c Feb 9c Feb Apr 6% Mar ; 45 5 13 % 13% 13% 13% l 28 %c 28c 29c 14,350 22c 16c 16c 18c 17.500 15c Bordulac 1 8c 8c 600 xiu/mar 1 llVaC 11c 15c 54,900 1 300 2.40 Feb 2.85 525 5 35 1,600 18c 18c 1.000 18c Apr 27c Jan 15c Apr 18c Jan 15C 15C 15c 1.90 209 65c 73c 2,590 j4.80 103 fi85c a83c 209 109 1.09 4 00 3,500 1.90 100 65c a85c Feb 40 Wall Apr 65c Feb 5.00 Mar Mar 1.07 1.003 Association of Canada Investment Bankers Association of America Wire system to 1.37 Mar 1.25 Mar 3.90 Mar 25c Feb Jan 4."> _ t . - . \ . . ' ' ...L . t 5 o .,pr--M"*■* TTt* > Company Limited Members: The Investment Dealers' Feb 90c Apr 16c 14 42c — b ,-w.i UM TUT VJ Jan 7%c Jan 10c Jan 20c Mar 10c Jan WHitehall 4-5335 Gairdner, Son&Company Members: The Toronto Stock Exchange Montreal Stock Exchange Canadian Stock Exchange all offices Apr Mar 25c Canadian Affiliates Feb 1.20 Jan 3.85 6,409 17o 2.25 Jan 40c Feb 5.65 Mar Jan 1.50 Apr Mar Company Inc. Street, New York 5, N. Y. Gairdner if 4.go 1 Gairdner & 2.37 Mar 2.85 1.89 50c 76c 39% * 2.95 Mar 1.90 2.85 17c t Apr 50c 5 1 common 10% Malr * 1.88 1.73 J Feb ' 20c 1 Mines 42 21q; 4.00 • Gold Yukon 5.50 Mar 9.95 1.75 17c J-i Feb Feb Jan 45 Jan 5.05 1.78 1 Jan Apr 47c Feb 40c 9^85 1 -«■ Jan 28c Feb 9.95 1 '■ 69c 5.05 Jasper Oil Corp 'An'in'f" Jan 1,300 Jet Ltd Jan 1.92 Jan 800 1 1 Gamma 18c 20c 2.15 8%c 1 Sweet Gra.s Oils 0r-' 64c 7,000 1.65 Mar a61c j oq Ltd Oaspp Oil Ventures T-t-d Oils Apr Mar 23c Berens River 8c * Peak Oils Ltd Producers Federated 19c 21c 1.00 Jan /I..85 1 Explorers Consolidated Feb 1.40 Mar 22c Apr 38c aGOc • Ltd Petroleum Canadian Central 14c 45c * 4.40 8c __ Canada Canadian 7,600 29c Feb a61c 25c . Apr 1,200 47,600 19c Apr 10c 90c 80c 1.92 17c 8.400 I Mar 70c 1.60 1 Lodge Mar 2,500 5.05 __ Jan 80c 38c Ltd Jan 1.84 34c Bros 10c 400 32c 1.39 1.64 Mar Mines Bonvllle Gold Petroleums Calalta Great 12% 29c 1.15 Mar.„ 1.35 35c Bob jo Bailey Selburn Oils & Gas class : 1.80 13,935 • Beattie-Duquesne Beatty Beaver Apr Stocks— Anglo-Canadian Oil Del 1.71 4,750 1.59 Power class A 1.27 4,300 • Copper. Wendell Altex 4.40 1.25 1.53 • Mining Bevcourt Amulet Weeden Oil 4.00 ~8c 1 Mines __ 4.90 1.22 1.55 _• Mines Petroleums Apr Bell Uddlen Ltd Mining Uranium Bathurst Jan 1 Goldfields Trans-Dominion 8c 1.25 l_ Co Metals Bathurst Tache Lake Mines Ltd., Tazln Mines Ltd Ltd Warrants 32c 15%c 1 .... 32c 1 1 Ltd Steeloy Mining Corp 1 1 Apr Jan Number 5317... The Commercial and Financial Chronicle Volume 179 (1757) 41 CANADIAN MARKETS RANGE Thursday STOCKS Week's Range Sale Price ' - Par . Bralorne Mine Bralsaman Brazilian Traction ordinary Lake (T Brilund G) 1 common 4%% Electric 4% 2.25 7,950 1.80 3.015 3 75 pfd 100 88 % Class A ; Power - Buffadison » Jan 10% Mar 1.80 1.80 & 4.10 6,350 17c 17c 19c Smelting 10% __ 1 6c A preferred 1 6c Jan 39 Feb 14 %c Mar Apr Corby (H) Class Dist Cut Cosmos 58 % Mar Crown 46% Mar Crowshore 7 Jan 8 Coulee D'Aragon 22c 45,500 24 100 20 iz'A Mar Mar 15c I,160 18c Davis Apr 14% Feb Davison Apr D'EUlona 103 Mar Mar 21 %c Feb 28c Apr Class Delnite 10 Machinery 30 275 28% 5% 100 , >' Lands 420 90 9 78% Del " Jau 90 Mar 8% Apr 51% Jan 57% Mar 10% Feb Feb 2,450 2.75 850 1.95 9% Jan 4.35 Mar Feb 2.75 Apr , Packers Canada class Permanent Canada Southern B.__ _* SS Canada Wire Lines & class Canadian Admiral Atlantic Oil— * Oils Canadian B Canadian Bank of • Commerce 58 3.25 1,100 12% 170 65 1 65 40c __ 5.75 25 41c 5.75 __ 2 , 31 350 5,515 12% preferred——50 new Cable 125 65 9.95 3.10 . 9.70 __ Canada 32% 9.70 64%• 1 Warrants Canadian 32% 63% __ Mortgage_______20 Oils 6.00 4,666 1,843 Mar ; 2.25 65 Jan 10% Mar Feb 12% Mar 65 Feb 50c Jan Jan Jan 34% 34% 35% 776 32% Jan • Canadian Canners 24% 24% 25% 4,307 21% Jan • 24 23% 24% ; 1,975 23% Apr —_ 3.85 Mar 12% Mar 60% Mar 4.40 Car common 6.25 Mar 35% Apr 25% Class A— Canadian $1.75 .7 Celanese 30 Jan 17% 55 16% Mar 18% Jan 19% Chemical Canadian Colleries Canadian & 20 315 18% Mar 20% Apr 28 Feb • 22 22 23% 32% 32% 33% 335 8 8% 780 7% Jan 9.15 9.55 19,780 7.50 Jan Cellulose • (Dunsmuir) common _! Decalta Canadian Devonian Canadian Food __ 3 9.35 • 2,200 20 Feb 29 Feb 73c 70c 73c 5,160 62c Jan 1.83 Petroleum Dredge Canadian __ _25 common preferred Canadian 20 1.70 1.88 198,011 70c Jan • Products, class 4 A Preferred 52 __ 100 52 25 6 6 115 52 52 52 52 20 50 34% Mar 9% Jan 79 %c Feb 2.95 Mar 57% Jan 5% Mar 6% Feb Mar General Canadian Homestead Canadian Class 50 575 10c Oils Ice Machine common 63 Feb Locomotive Oil 12,282 5 125 Apr 5 Apr -11 11 50 10% Mar 11 Apr 16% 290 14% Mar 19 Jan 42c 2,700 35c 67c Jan 16 16 • 41c '16 ___100 " Reserves 1 Canadian Tire Corp 90 3.50 365 1.75 5 Jan 12% 100 1 Apr Jan Jan Dominion Ltd 65 pfd 1 ___♦ common Preferred ■ Duvex 575 Apr 16% Mar 103% Apr Jan 4.15 Mar 1.02 11 % Mar Feb 10% 10 Eastern & 1.70 Mar El Emerald Equitable Life Corn Warrants Fargo 14% Jan 15 Apr 3.00 41% 41% 35 34% Jan 90c 90c 1,100 75c Mar Federal Grain Federal Central Leduc Steel Chemical to Mar Iron B _____10 —i. 1 1 Colomac Feb 1.00 Jan 7.00 Jan 2.60 99 Feb Copper 5.65 Mar preferred Life Feb 1.45 25c Jan Feb 1.74 Mar 47c rer rn*e Mar 5% 2.11 Feb 3,500 4c Apr 7%c Jan 16,377 28c Jan 54 Apr 58c 11,950 1.26 19,875 61% 10 5.125 Mar 40c 1.06 55% Feb Feb 62c 1.64 62 Jan Jan Mar 7c 8%c Jan 1.20 7,950 90c Mar 1.20 Feb 95c 1.10 24,650 90c Mar 1.15 Mar 96c " 70c • g'A 1 __ 1.01 23,587 8Qc Mar 70c 75c 1.300 65c Mar 8% 1,815 8c 8c 1,100 2,700 94c 16c 17%c * 11% 11% 30 1 4c 4%c 3,000 65 42c Jan 8% " , 1 5c Class A 65 65 42c 44c 3,000 class Motor Foundation Fraser Apr 47% 240 46% Jan' 48 Feb ' 12 4,812 12 Apr 21 % Apr t 21 \ 370 3,310 23% 23% 23% 25 7 610 ;; 6% - 1 46c 451/40 49c 21,900 35c 35c 35c 20 24% 25% 25 30c 35c 9% Mar 18% Jan 7% Mar •%., Apr;; 18c 17,250 92c 95c 106,800 8%c 8%c 9c 5,500 2.60 2.68 Feb 23 % Apr 1.15 14,650 4.15 4.50 12,125 81c 88c 48,900 27 27 700 24% 25 940 55c 58 %c Feb 8% Feb 45 %c Apr 62c 13c Feb 35C y. 19% Jan 25c Feb 10,800 1.08 6 Mar 25% Apr Apr Feb 43c 15 %c Mar 25 70c Jan 8%c 25c Jan 95c Apr 11 %c Apr 1.90 j, ' Feb 3.45 dan Jan 80c 3.55 Jan Preferred . Feb 4.50 Apr Feb 75c 1.43 25% Feb Jan Jan' 27 Jan 25 55c 13,350 42c Jan 6c 6c 7c 8,100 6c Mar 8%c 8%c 8%c 8,000 7c Jan 22c 22c 2,200 18c Mar 21% 20% 21% 35 22c 21c 25c 60,850 16c 80c 1.02 Jan 35c 27c 38c 83,263 14,110 54c '55)__ 1 18c Jan 16 16 16% 6,224 14% Mar 23% 3,313 19 22% 23% 21% 21 21% 1.95 1.92 1.95 28 27% 28 200 195 . . .. 900 1 9c 8c 9c 3,200 4.65 4.65 4.85 8,700 1 Mar Feb Mar Jan <20 Jan 1.70 Mar 26 Jan Mar 8c 3.85 Jan 10c Feb Jan 43c Jan Mar 22 Jan 1 25c 1.07 17 Apr •; 23 Jan 2.10 Apr Apr 'i 28 13%c Jan 5.05 Mar 68c 67,000 47c Jan 1,500 15c Mar 23c 47 10 10 10 Apr 68c 18c 8% „ 63c 75 7% Api- 10 Apr ' — 93 a B . _ _ — 1.15 Jan - 8% Jan Apr 10% Mar 1.70 1.43 _ _ _ * _ _____ 17'A 102 V2 _ • common 160 -2,00 k 100 9,245 64 Jan 100 Apr 96 105 60 78 Feb 105 -Apr 14% 1.685 12% Jan 5'Ac 1,000 5'Ac Mar 17 17'A 1,505 15% 102% 102% 51 4.75 4.70 4.80 8.123 65c 61c 65c 12,750 89% 89% 171 18c 18 'Ac 1,800 Jan Feb 100 4.25 Mar 15 Jan ?' 6%e Jan 17% Mar 102% Mar i; 5.20 Feb ~ 4% ■ _ debentures __ Gaitwin 5% Geco — Power 62c 66c 4.200 23% 23% 23 % 3,352 109 108 __ • —_ Mines Ltd— Feb 30c Mar 89 78c Z Jan 92 Jan * _ Dynamics __ 3 16 %C Apr 25c Jan 50c Feb 20% Jan Jan 104 78c Jan 23% Apr 109% Jan . 109 585 9.05 10 Va 46,470 5%c 5 'Ac 100 % Jan 42% 9.45 __ Bakeries General 1 • _ common preferred General __ Jan General 4 2'A 340 35% Jan 43% Mar 58 Jan 68 5 Petroleum 68 67 67 443 1 Class A General 6.85 475 6.85 500 6.35 6.35 6.90 3.050 44 44 110 15% 15% 15% 103 101 103 6c 6c 1,000 __ _ Products General Steel Giant Mfg class A Wares Preferred Geneva __ _ Yellowknife Gold Gold Lake • common ___ ________ Lake Glenora God's common — Gold 7c Apr 10c Jan Golden 14c Mar 42c Jan Goldfields 11% Apr Goldora . Mines __ j 3%c Mar 6%c Mar 58 67 Apr 49c Jan Feb Eagle 5.55 5 Jan Gordon 70c 80c 26c 23 %C 13 5% Feb Jan 1.76 • Mack^y 4.90 Mar Apr 15 Mai- 70 • 44 100 Mar 1.715 2.933 35,747 4%c Mar 46c Apr _ class A • 16% 103 9%c Apr Apr Mar Jan Apr Jan Jan Jan 9.70 5%c Feb Mar 1.00 Jan 7.70 Jan 26c 2.500 Apr 37c 15c 17c 13.000 15c Feb 23 %c 7c 3.500 6c Mar 12 Vac Jan 1.76 1.85 3,400 1.35 Mar 1.91 Apr 48c 48%C 16,950 29 %C Mar 23'Ac 125'% 4C Mar 4'Ac 1,000 125% 132 173 97 Jan 52 • 7.00 47 3'Ac Mar 65c 4'Ac common 7.00 6%C 15c 1 Uranium Tire Preferred 8.65 5.00 Mar 125 3%c 79c Mines Goodyear 8.50 3 %C • Mines Manitou 8.50 ___ Goldale Mines Goldcrest 83c { Apr 155 89% 14% - • A_ j Mar 23% 18c ' Feb Feb 38c 8% 67c * Apr V 66c 14%c 8% • Warrants Gold Mar i Feb 1.17 22% 93c common Jan Jan J 9 20% Mar 7,800 16c 0 Co Cos Jan 41c Feb 14% 5%c class 11% 11% 14% Jan 8% — Jan 7% Jan 11% Feb Jan 1.00 1 • 5 1.52 6%c 10 Mines For footpnt#« Jan 1.29 2.50 1.05 1 1 Terminal Anr 13c 11% 600 101 Apr %c 1.16 1.05 Yellowknife Coniaurum 43 6'Ac * Cockshntt Farm Eaulpment Coin Lake Confederation 98c 475 141/4 j 15 %. Jan Apr 5%c 61 % — ctfs Cobalt Consolidated Mining Corp Cochenour Willians Colilngwood 1.20 r trust 13,575 40c 43 50c 1 Chemical 50 1.80 5c __ 42c 25 5% 1.73 1.80 1 Citra-Lartic Coldstream 5% 50c l Mines Gold Voting 1,000 I . 12% Jan 11 Mines Gatineau 3,000 . 14 99% 8% common._ Jan 20,900 Jan ■'! 47% warrants Ltd Feb 1.62 Feb v 12 ; 40 •/ • Feb 1.08 Apr 101 Apr 20% „ 85c 98c 10 13% 20% Petroleum 22c 1.50 33% 1,842 —20 Feb 20%c 20%c 16% Feb Jan r-14 •8% preferred Mar __ Jan , 1 67c __ 10 14% 1 15c 1.62 ' 6.50 Mar 5 13% 14 25 500 Jan ; Feb 101 10 3,000 1.70 Jan 2.05 Mar 30% Jan 31 100 14 20 75c 5,900 280 1.09 18c 2.15 1.675 2.65 75c 2.05 Jan 19c Feb 4.15 10 • General Motors preferred Research Chrysler Corp Cobalt Jan Apr 1.62 33 30c 16 %c 1 Chibougamau Explor Chimo Apr 3.70 13c 27% Mar 16% 16c 75c • Mines Chesterville 99 1.25 2.25 Mar 10 __* 18c 2.05 _l Oils Chatco 15 2,200 Apr Jan ♦, l Centre Lake Uranium— Chamberlain Oil Cheskirk 99 5.40- '[ Jan 1.07 16% * Exploration Gas Exploration of Alberta. • Porcupine Charter 99 5.20 Jan 1 1.40 11% 1 Oil Central Pati'icia Central 99 __ Jan 1.10 100 • com Kirkland Federated Frobisher Ltd _1 5.00 41c 5,650 32% Apr 100 Apr I 1.07 16% • Ford Jan . 3.75 Mar 4,400 1 235 Feb preferred Feb Mar 1.90 250 14% 6% - Mar 5.85 Manufacturing 2.01 Invest Mar 23c 175 5.50 1 Ltd_ Oils Motor 2,378 Explorers 75c 12,232 13c • Famous Players Fanny Farmer Hord II,350 Central 500 28c 13 • Fleet Jan 90c 5.50 Falconbrldge Nickel Jan 2 39 9%c 1.81 4.45 (extended Mar 15 Canada 3.75 24C 5,895 Ltd— Mar 3.00 Central 15'% 100 9.600 —— 21 6.10 Mar Mar 15% 6,100 ; Insurance Mines 56 450 18c 16c ___• 21 6,305 Feb 16c common Glacier Jan 6.40 .2.' 10c 1 Apr 2.55 7,000 1 45% 6.20 Mar 1.90 Oils 20% 2.50 7c 29 % Gold 50 6.30 11,300 10% Mar 1.07 1 Pen-Rey Sol 30 2.50 Apr 9%c 3.75 82fr~-. 1,250 2.80 • 45 100 A 19% 13% 1 Jan 1.85 Metals 20% 3.00 . 34 90c Mines 47% 14% Ltd. 1,249 25c Mines 19 * Corp 45 1.77 common 20% • Asbestos Jan v 41 3.75 Coal 47% Wirebound class A Trethewey Jan 44c 28% Elder Mines El Class Williston Cassiar 30c Apr 15% Mines— Nickel Fenlmore Canadian Castle Jan Jan 1.83 common Paper" class Fittings 1 9 11 %C 13 %c • Economic Investment Eddy Apr Canadian Gold * } Apr 18c . Apr 12% Cariboo Jan 8%c Minerals— Sullivan 16% _* Jan 12% Jan Jan 20 %c 45 —__ East 24% 6% Apr 4.10 18c 1,000 28% * Malartic Jan 12% Minerals 310 21 Apr Mar 4,000 92c & Rim 12 * B 10 Jan 3.30 20c Jan Wallpaper class A Class 10 16% 18c 20 %c 23 %o ___23.50 East 465 Jan Jan 9 * 2.40 Mar Feb 17 10 30 0 East Amphi 16% 19% 100 10% Dyno Mines 16 __ » 11 10% 50 oils Jan __ 20 — 11 10% 10 Mudge common Dow Brewery Dragon Oils Hi Gas— 21 1.40 Mar 10% 2.50 Mines 9,485 17,540 1.170 & 6,311 1.52 11% 1 common Textile Dona Ida Donnel 68c 1.46 11% 2 'Preferred 24% 1.52 11% _25c Stores Dominion 24 53c ; 1.90 Mar 14c 1 ". Steel Dominion 65c 68c Apr 1,550 1 Preferred 24'% 25 (Canadian Pipe Line Producers Canadian Vickers 458 Apr Jan 96c 1,200 Ltd Dominion Magnesium Dominion Scottish Invest 16% Railway..,. Canadian Petrofina Ltd * 16 3.00 __ Gas Pacific 15% 103% 103% 103% Warrants Canadian Oil Canadian 2.38 5 Cos' common.! preferred Canadian 1.95 11 ♦ Malartic Canadian 5 2.20 1 Canadian 575 575 Jan 10% c 15c •* Dominion Foundry & Steel com Preferred Eureka 575 1 1 A Canadian 5(/c Electric 11 %c Apr 9.60 Mar Apr 50 V 1.05 Jan Apr 7c 3.50 A Seagrams E.stella Canadian Mar 6Vic 10,000 Apr 17 * 47c 21,000 : Easi Canadian Apr Apr 38c 10 Breweries 33 % Mar Jan 8.55 20c 20% 1 Dominion Tar & Chemical Canada Mar 15c 5 Dome Exploration (Western) Dome Mines _i____. 12% Mar 2.50 14c Jan 25 2.50 Apr 3.30 __1 Bank 165 3.65 11 %c 20% 1 Fabrics 104 4.15 Jan Feb 15c 50c Producers Dominion 12 3.90 Feb 5c ; 7c 8,531 Mines Rio Dominion 21% Jan Apr 1.70 15c 3.35 __* Feb 15 Jan 28 Feb 20% 1 - Mar 6 Feb 19% 3.95 Warrants 30% 9 11% • 10 13 1 Apr 93 Jan Jan 57 55% 57 * ; - 50 20 . 90 * * Power 13% Feb 5 Jan 1.08 Mar 8%C 500 *_ Mines Distillers 5% { Feb Apr 1.86 Mar * Detta Minerals 29% 1.72 Mar 10c Feb 3.50 34c * B Oils Gold 59c Jan Feb 22 Feb Mar 6 %c 1.40 common Devon-Leduc Oils Jan 84 Mar 2.30 21 'Ac Mar i; Jan 532 6,940 113,250 35 Jan Feb 93 Jan 16c 45c • Corp class Jan 4.30 58c 1 8.50 13% 275,100 1.40 Mines Leather 13% Jan 13c Jan 24 Jan 100% 6,900 7,400 24c Feb 9 22c 19% 7%c ll%c 2.20 Mar 54c 1 Patricia 6.70 20 18,264 52 %c Mar Jan Feb 1,520 10 26,696 14c 20c Jan • Box Zcllerbach 8.00 Foundry 1.18 13c 1 5.50 Mar __ 1.11 14c 1.40 . 2.97 5% 1.16 ♦ Pershing 2.35 Mar * 6,885 15c Feb 44c 8%c Lead 4,100 * 7.674 28 Imperial Mills Croinor Mar 10,575 u 1.86 27% 50c Jan 6c Jan 25 71,350 16c Ltd— Paper 2.76 Stone A 1.80 27% • 14c Jan 8*25 91% 223.339 57c B Corrugated 5.10 92% 64.165 34c 9c voting 2.75 Canada Malting Oil Feb Mines 4.95 • 2.90 28c Exploration 7.50 common Northern Con west 21% Mar 18c 5.00 Jan 2.75 Assurance Life c 8 14%c 15%c 2.50 10 7.65 20 Iron Canada 14%c Consolidated 29c Jan 85 27c * : Consumers Gas 19% 37% 100 20c 2.64 West Pete Jan 9%c Mar 267 103 1,000 7c 1 Preferred Canada 10% 46 12% 35c Sannorm Jan 9c Jan 1274 10c Oils Consolidated 22c Jan 51% 103 28,820 * 8% 1.90 Mar Jan 1 Campbell Chibougamau Campbell Red Lake & 35% 32 12% __ 35c Jan Jan 4%c Mar 58 12% __ 1 class Vr-^r- 10 32c — Peak 13 Jan 24 __ Foils 1,200 20 15c 19c 20c 4.55 13c 5v2c Mar 7% __ Orlac Jan 45% • Crushed 3,500 9%c 34 %c Mosher Nicholson 18 %c Mar Mar 45c Consolidated Ranwick 58 * Gas 25 20 58 1 Flon 3,700 9%c 1 Oils 4%c 37% 10%c 12%c 20 Consolidated Consolidated Consolidated 9 39c 4.875 2 Apr Apr lac 11,126 4,017 Mining & Smelting. Copper-Man 4'Ac ___'* preferred Canada 34,500 37% • Calgary & Edmonton Calgary Power preferred Canada 2,500 17c __ 1 Canada 6c 16c 1 Calder Bousauet Canada 6c 17c • Canada Consolidated Jan 700 1 Mar 46c $ 2-25 7,192 10 ; 28c 45c l Jan Feb 600 2.05 Lead 49c Mar 30c 1 Feb %c Mar 4 23c Howey Matarrow 11% «c 5,500 44c Feb 10% Mar 4.00 5c 6% 35c 21% 7 % c Mar 125 45c Lake Mines Mar 6,500 * Cement Jan 1 154 12c 8%c Burrard class A Canada 125 4.10 * & 11% 10c • Oil 1,302 7%c 1 1st 1.85 11% __ • Cons Cons 170 2a %c Mar Jan 7% 2.00 Halliwell Consolidated 10 17% Consolidated Apr 974 2,462 12c 44c Guayana Jan 15 Jan Jan 34c Gillies 6% Jan 5% Jan 7c 45c Crest Consolidated 52% 13 lie B Calvan Jan 50 1 Steel Flin 48 4,375 7%c .____ Bunker Hill Caliinan 595 Apr 15 l . Building Products Bulldog Yellowknife Calnorth ■ 29c 3,053 Apr - 674 24,200 1 2nd 52% 1 Ltd Lake Linen 51% 6% 33c Red Caldwell 101 21 % Buffalo Class Jan 30c * Ltd class 90 20% 1 Gold Co. 727 10 • & 90 101 Apr 'Apr 8c 2.05 Discovery East Jan 32c Canadian Burns Mines Consolidated Consolidated 78 21 % Buffalo Burlington Denison Fen Jan 24% 18c 30c 2.55 Jan High 62,120 7 Cordasun Consolidated Low 21c 7% Cadillac Cent Range Since Jan. 1 High 18c 4%c Bakeries Consolidated Shares 7%c Consolidated A Mining Apr 18c Astoria Consolidated for Week Low Oil 5.20 235 * Mining Brunswick Jan 15 — Brunston Jan 8 Jan 20% Feb 15c 90 1 Mines Mines 98 Jan 15 » Oil— Mines Consolidated 99% 100 B Brunhurst Apr 87% 52 B 8,630 Consolidated Jan 4.40 6% Brunsman 5% 2.38 • class 100 24'/a * Mills 8 8 Apr 7%c 4.25 50 Reef 9,500 23 '/a Packers class Empire 9c 90 Jan 8% Jan 4.25 _100 Columbia 23 8c 2.35 Forest Products Columbia Bruck 6"% 1 Allenbee 1.75 Sales Range Par Consolidated Consolidated preferred Broulan 7,645 24 V8 British Columbia British 8Va 4.25 Mar Jan Week's of Prices Last Sale Price High Jan 1.12 • British British 1,500 90 8 1 Oil preferred Class 2.95 _1 Petroleums American British Columbia 5% * ___ Mines Ltd Brltalta British 100 90 9c 16 Thursday * Red Bright 8 __ APRIL Range Since Jan. 1 Lou> 3.80 1.25 8 100 ENDED STOCKS Shares High 3.80 1.20 • Preferred Brewis 3.80 1 WEEK for Week of Prices Low • Pete FOR Sales Last 52% iao 48'A Jan 8 8 ft 100 7 Feb 58c Feb Jan 7%c Jan 132 52 % 8 Apr Apr Apr \ , v 42 (1758) CANADIAN MARKETS RANGE Toronto Stock Exchange Thursday (Cont.) Sale Price Bousauet Grandines Low Low 29c 3,950 25c 26c 22 %c 27c 112,025 15c * 38c 38c 3,000 223/4 23% 2,965 51% 51% 25 14% 16'A 4,620 1.03 1.02 1.12 11,925 8% 8 3A 9 550 7% 8 1,010 •: 23 Great Plains Development 1 16 1 • * Great Sweet Grass Oils Class High 27C • class Coal West Thursday A * B Mar Jan Mar 34c 183A Jan 51 May 49c Jan Feb Maroenor Apr 23% Mar 52 Jan Apr i Gull 9c 6.85 6.35 7.10 5 4% Mar 14,450 lo Trust 13% 13% 13% 65 1 8c 8c 9c 9.40 9.25 9.50 15,010 23 23% 230 7c 7 Vic 7,500 Gunnar Gold Gurney Lake preferred Products Gwilliin Gold 30 —_ 5.65 13% 15,600 1 Lead 1 :__ Gypsum Lime & Alabastlne— — — 383A 40 • 40 Feb 8'A Hard Gold Rock Harding 12c i — Jan Jan 23% Feb 20% 7c 10 %c Apr Jan 32% Jan 40 5,620 8 16 %c Apr 13c Feb 24c 985 10c Mar 15c Mar 20c 17c Jan 40c Mar 26c Jan 1 35c 33c 36c 1 15C 15c 17c 7% 18,750 8% Feb 9 Jan Mentor 173Ac Jan A common 14 14 Heva Gold High Crest 8c 1 32 * Class B 13 33% 32% 33% Lake 96% 96% 30 17c 17 Vic 16c Apr 28% Mar 5 Mar 14c Feb \ • : ■ -" • 7%c Jan Midcon 30c Jan Midland 33 Jan Mill City Oil Paper & 11 %c 4.00 7 Jan Brick Milton 13c Jan 10% Jan Mining 22c 21c 24c 23,200 Jan 24c Jan Modern Containers class 5%c 6c 5,000 Jan 6%c Jan 22% 22% 23% 585 19% Jan 23% Apr 1.90 2.05 400 1.70 Feb 2.45 Jan 46 453/4 47% 4,874 7c 9c 37% / 1,050 11,800 — Jan Mar 37c 7.45 Minda-Scotia Mindamar Moneta 373A 37% 38 340 34 33'A 34% 6,777 Porcupine Montoco 9% 93/4 1,031 24% 243A 235 —— « . 'j 1 Indian Lake 22 22 lOVic 4%C Jan 40 Feb Jan 4Vo 37 Jan Acceptance $2 preferred Inglis (John) & Co Inspiration Mining International Powders Bronze 40 • 30 2 —• —1 common $1.50 preferred Drug Jan Apr National Mar 22 5c Hosiery class Apr National National Steel International Nickel Jan 44 Apr New 8 Apr 9% Mar New 34,054 16 32% 32% 83% 39% 38 39% 9,305 34% 133 131% 133 102 128% 25% 24% 26% 11,479 Line 49c 2,460 45c Feb 21% 41c Calumet 33 Feb New Concord Jellicoe Jet 101 Apr New Continental Apr Apr New Apr New Feb 82 Mar Jan Jan 19' Jan 20% Jan Mar 83% 39% 133 26% Apr 25% Mar 37c 6 %C 5,500 6%c Jan 10 %c 1,000 8'Ac Mar 14c 1.75: 1.75 1,100 5 Vic 6c 10,000 18C 16 %c 18c 8,100 12c 11 %c 13c 13,600 (1939) Gold Joburke 1.70 ' — — Ltd 36c «37c 20c 35c 14% 1.85 1.92 Jan 8c Feb Jan 23c Jan 100 1.90 3.80 26c 11.500 14% 1.40 Mar 1,600 Mar 34c Jan 49c Mar ' Mines Jonsmith Ltd Jupiter Oils 19c Publishing Ltd__. 16 %c Jan 14 Gold Kenville Mar 1.81 Mar 11 11 Lake 1 Keyboycon Mines • Kerr 20c 14 13% 1,159 11% 27 %c 29%c 4,800 22c 10% 11% 1,085 10 6 % 6% 950 1.45 1.40 1.50 1,800 25 25% 465 1 Mines Keymet Klrkland Jan 2.15 Mar Klondike-Keno —..1 Kristlna 81c Jan 1.02 14,100 55c 80c 1,500 65c Jan 90c Mar 2,520 35c Mar 48c Jan 8%c 9c 16,600 8%c Apr 15c Jan 19c Feb 47c Jan Apr 30 %c 40c 49,700 1.50 1.55 4,025 19% 193A 2,280 9.25 Ltd (John) 8.80 9.25 2,575 67c 67c 500 62c 90c Jan 15 %c 16c 2,700 15c Feb 22c Jan 18c 19 %c 2,000 18c Feb 22c Jan & Exploration— Lake Dufault Mines Lake — 16c Lingman 18c Lake Osu Lake Lake La Shore of the Mines Woods 5.90 - Gold Oils is Mines 1.10 Jan Secord Laurentide class A • • 1.80 Jan Lawson • Jones class B Gold 85 9% 5 Vic 5,700 5c 4,000 2%c 15 750 12% 12% 12'A 16% 16% Apr 6.15 32 Feb Mar Jan 16% 12 1.70 Jan Jan Jan 11% Apr Apr 7%c Apr Mar 6c 15 Jan Jan Mar 200 10% Jan 12% Mar 100 13 Jan 16% Mar 2.40 2.70 400 8 Vic 4,000 20 20 110 9c 10c 32,000 7%c Jan lie Jan 11 %c 12 %c 14,300 10c Jan 23c Feb 2,300 56c 9c Little • 77c Long Lac Groceterias class 40% 46% — Lomega Gold Long Island Petroleums.. Mines - ; 77c 80c 1.80 Jan 2.95 Mar 5%c Jan 9%c Mar 19 Jan 20 1.20 Apr Feb 41% 857 37% Jan 42 Feb 45 46% 1,067 40% Jan 47 Feb 4 1,000 3%c Mar 5%c Feb %c 12c 11c 12o 4,700 45o 43c 54c 59,600 41c 18c 17c 19c 17,300 13c 17% _ Apr 40% 4 Vic Goldfields 70c Mar 18 815 11c Apr Mar Jan 18c 1.19 19c Mar Jan Mar Lowney (Walter M) Lynx Yellowknlfe 8 Vic 8%c 8%c Macassa 1.60 1.60 1.70 59c 58c 60c 4,200 50c Mar 68c Feb 11c 12c 12,000 11c Apr 16 %c Jan 15% Mar 8c 2,000 Feb 18 Apr 12c Feb 1.97 Jan 1.20 Jan 1.60 Jan 2.50 91c Jan 18c 28,300 2.85 1,762 23c 1,800 20c Mar 32c 35c 11,100 22c Jan 15c 15%C 3,000 15c Feb 2.84 — New Fortune pic -. Goldvue New Harricana New Hlghridge ^30c Ltd_ Mines 30c 17c L29< Jan 1.53 24c Mar 2.60 Jan . Jan / 2.95 Feb 40c Feb 48c Feb 19%©, Jan 2,900 25c Mar 52c 19c Jan 40c Jan 11,510 22c ;*22c 0 6%c Mar 7%c 8c ;;6%c 6%c 6%c 500 New Kelore 15 %c 15 %c 20c 13,700 New Laguerre Mines |s.%c 6%C 6%c 500 1.11 1.20 25,439 20c 20c 4,990 17c 7c1 7%c 6,500 6c New Hugh Malartic .'••''8c - New Jason Gold ; 5%c Mar 12c Mar * New Larder <1.15 U j/Z L. Newlund Mines — '$ic New Marlon Gold Jan Feb Ltd A13c 3,300 10%c Feb 5,000 15Vic Feb 6c 10,100 6c 213,200 5%c 6c 6c Mines 17 %c 18 %c 5c Mylamaque Explor _. 6c 500 12 Vic Gold Norzone mc New Ryan Lake Mines New 1.00 Mar 6c Morrison New Rouyn 6 Vic Mar 13c 1 3,500 4%c Mar I Mar 5c Jan 10c 9 Vic Mar 22c 9c 2.11 Macdonald Macfie Mines Explorations Mackeno Mines MacLeod-Cockshutt MacMillan Class & 43c Gold Bloedel A B 43c 311,042 1.40 1.34 1.40 4.450 20% Mines— class 20% 20'A 100 19 »A 20% 7,750 17% Jan 9.325 1.60 Jan 6c Feb 20% 37c 6,330 Madsen Red Lake Gold Mines l 1.75 1.72 Magnet Consol l 7c 63Ac 7c 8,150 1 1.50 1.45 1.53 12,000 3c 3c 3c 1,866 Malartic Goldfields — Manitoba & Eastern • Maple Leaf Milling common Preferred For footnotes • loo see page 43. 1.75 , 18c Mar 1.27 Mar 17% Jan 1.31 Mar 3c Jan 43c Apr 1.56 Feb 20% Apr 20% Apr 1.80 Jan 10c Jan 1.70 Apr 4%c Feb 9 9 9 35 7 Jan 9 Apr 95 95 95 145 90 Jan 95 Mar , Jan Jan 20c v 12%c Mar 18c Apr 34c Jan 6%c Feb f 9Vic Jan i Feb 5%c Jan 9%c 5c Jan 9%c Jan Feb 12c Jan ; 4.25 Apr ; 11c Jan ' 9c 12c 16,700 3.60 3.85 7,765 2.10 Jan 7 Vic 1,000 7c Mar 5 Vic 7c 8,500 5'Ac &I.90 1.55 2.00 1,735 1.40 Jan 2.00 Apr {£;/• 9 c of 6 Vic 9c 45,000 6Vic Apr 12c Jan 65c 66c 2,500 61c Jan 75c Mar 67 68% 1,354 58 Feb 68% Apr IO'/bC '3.85 Canada• • New Thurbois Nib Yellowknlfe Nipissing Nisto £%c ; Mines Mines Noranda Ltd Gold !~,65c Mines r Normetal Norpax i 2.84 Canadian North Inca Gold North Star Ltd 2.84 2.90 5,390 11 %c 10% c •4 12c 13,100 t,95 ■ • r 8© 1.85 2.00 4,500 8c 10c 10,500 7% Mining & Mines Oil North Oil Oils — . Canada Mines Quebec Power- Mines (1940)— Nubar Obaska Lake Ltd j6% Mines •&;7 c Ltd Gold Oil i l*%c 42c Mar 48c 500 1.55 1.55 100 50% 50% 50 50 % 5c 3,500 4 Vic 13c 15%C . Malartic Jan Jan Jan 65c 1.60, Feb 9c 243Ac Jan | Jan • Mar 5,100 6% 6% 10 7c 7'Ac 5,500 6%c_ Jan 64c 2,500 60c Mar 80c Jan lie 11 '%c 7,000 7c Feb 14c Jan 11c Jan * 4%c 5'Ac 3,600 1.90 3,800 1,100 300 v2.45 2.35 2.45 23 23 95 Ontario Pyrites Oo Ltd Ontario Steel common Is 81c 85c 10,900 Exploration Copper .1-43 Mines Crush "ft."— &46c Osisko Lake Mines Coyle *90c Navigation (Eastern) I Pacific Petroleum .l<3.9c 2,685 23 23 800 1.31 1.55 67,760 3.70 3.75 800 45c 46c 90c 6%. Feb Mar 4c 1.70 Mar Mar 14c 3'Ac Mar 1.90 Jan, Jan 22 Mar 64c 22% Jan 50c Mar 8 9 Vic 1.96 Jan Jan 4%c 2.50 Mar 24 * 97c 25 Feb Apr Mar Jan 1.59 Feb 4.45 Feb 15,000 42c Jan 58c Jan 1.15 1.807 85c 34c 39%C 75,700 Pamour Porcupine .10 4,050 65 3.055 66c 66c 69c 2,900 41c 43c 9,300 -t/-l9c Drilling Paymaster Peace 11% 60 ;43c ^ Western Oil Parbec Mines 11 '£64 Nat 38c Gas Securities Oils 300 38c 39Vic 6,175 & Mineral 8.15 Jan 1.35 Mar 59 %c Feb Jan 11% Mar Apr 7434 Feb Mar 75c Jan 31 %c Jan 46c Mar 23c Jan 61c 11c 4.10 26c 5.60 Jan Jan Feb Jan 5.00 Mar 42c Apr 8.40 MaT 8.00 7.85 8.00 4,350 .-.38 38 39 125 10c 10c 2,000 8c Feb ll%c Apr 1.00 1.00 1.03 12.600 75c Mar 1.16 Apr Perrqn Gold Pershcourt Goldfields Peruvian 79,700 4.50 4.35 Consol River People's Credit 18c 19%c 25c 60 Jan 30c 30c 3,100 36 % 30c Jan Mar ; Jan Jan 1.00 s 18 %o Jan 3.40 ii% Page Hershey Tubes Parker ' .? Apr ! Feb ; 50% Mar Ontario Jockey Club Ontario Loan Pan ? 7%;Mar ! 25c 10c #%© Pacific V Jan ! Jan 34c 3V2C Orange Apr Feb 2.60 16c 13,500 3%c Opemlska 1.40 Feb 2.95 Mar 18c 37c 1.75 4%c Oils Omnltrans 5c 14 %c 14 ViC • Selections; O'Leary Apr , 62c Mines Ogama-Rockland ■ Okalta Jan 6 12c ; 9%c Feb 35c //14 c Wood O'Brien Feb 8c 4,500 * F 5c Ltd Mines Oakvllle Jan 1,125 48c 11: Empire Northland 1.78 7% _. Northern Northern Nudulama Feb 2.35 9%c Jan 12c 14%c Trinity Northern Feb ; Jan 7%c Superior Oils , Apr .. 1.45 Mar „• Jan 9,433 30c ' Pacific Mines . Jan Feb 75c 23c , , Apr Feb 1 Feb 1.77 20c Jan 4.00 15%c 7%c 20 28 Vic Feb 2.75 17%©' . * 9.50 Mar 7%c 12c Uranium 1.40 Mar 3.70 3%c 1 Louvlcourt Jan 7%c Mar 5c 1 Lorado 5,400 2 Vic — Lexindin Gold Class B 170 47,250 11% Feb 19% 2.70 H 1 Loblaw 29 14 3A — Acceptance 1.50 4.00 11% . 131,833 17 %c Petroleum Devon Dickenson Mines Warrants North 1.50 5'Ac tjTlass B Warrant# Lencourt ' Mar 5.30 143/4 Shops Candy Lavalle Mines & " Jan 7.75 150 4.00 ; » 30 16% Mar 1,733 8 Vic 10 %c —— 9 Vic Lang & Sons Lapa Cadillac Lapaska Mines 5.90 30 1.50 Lamaque Landover Laura 5.97 30 common— Mines Luz - — 48c Merger 35c Labrador Mining 40c Mar Nor-Acme Labatt Jan Mar New 1.50 1 20c Jan 13c 81c Jan 193/4 Mines Ltd—;_ —r Copper Oils Kroy 2.27 8%c Mar 50c Feb 8%c . 1.45 Mar 1,700 12,500 50c 42c Jan 7,250 9c 11,400 Oils 80c 13c ?%c Feb r 1,500 1.70 95c New Pacalta 20c Jan Jan 1.60 56c Jan Jan 1.73 ' 88c New Jan 26% Apr Mar 53c 18% Apr 1.40 25 -85c 16 % Mar 8c 7% Apr '53C New 35c 12% Feb 11c 11%C Oil Jan 77c 1 ' 6% Jan 35c Jan Mar 9%c 40c 1 . Lake i Apr 13% Mar Jan Mar 85c Mar 40c 1 Kirkland-Hudson 12% 13 1,525 Apr 1,000 11'A 95c 5%c 6,200 Jan 9% 95c Newnorth 35c 200 ' 55c Jan lie 13 %c —— 28% .Apr 6,000 Mar 35c —— Jan 4,555 9c 5,030 Mart;. 2T 243A. Jan 25 23,100 25% 18% Jan ? ' 78c Jan 17% Jan 16% 2.45 Feb 18% Jan 23c Jan 1.39 5c 1 Kerr-Addison 50c Mar 15 80 11 K Mar 10c 70c 20% 16,500 . # ._lSr205;:; com_____5 i / » Jan 41c 2,300 3,020 16 2.35 180 6'Ac 43c «13c s 1.30 13,600 5%c 17 Va Mar '70c 6%C 5%c Apr 37 1.35 23% 1 Feb 12% « Jan 2,42 6c 23% Mar 2.15 Jan Oils Bristol 23 1 —.—* Feb 10 British Dominion Oil New Kayrand Mining Kelvinator 14c Jan 15 " Jan Mar 5%c Mar 7,400 19c 14% JolJet-Quebec Journal Jan 1.60 "1,975 Mar 16 'Ac Mar 11c • 33 28% Delhi 96 1 Mines Oils Apr 25 27Vi Development 10 i~rrz> Jasper Oil 2.25 165 27 Mines 10%c 10 %c *• ■ i'/; 37 28% 45 %c New 23c Feb Jan 16Vi v »>■ 27 43c 9c New 10 1,000 Jan 60c Jan 7c 2,000 11 %c 1.70 New 101 6c ' "J •' 12% 16 Uranium Feb 83% 14,795 v1 Apr 1.75 109,500 5,100 16% 1— Labine Jan L -——1 — 14c 1.95 28% Mines New • Jaculet Mines 10c 1.80 . \ .25 5.25 29% Mar 30c 2.25 6% 3.35 Mar 396 25% i 14'A Jan 27c 10% 16% 32% 30c 150 4,600 16,560 32c, 1.90 _.12c, B Apr 16 24% 30c 30c ■ 28c Mar 4.00 215' 83% 25% 5 50c Jacknife Gold Jan 101 • Island Mountain Mines 2.00 100 V Jan 21% ■ . • Bidlamaoue 4.00 — 23c 9% Mar Alger • common International Petroleum Interprovincial Pipe 39 16 ;■ • preferred Co Nesbitt 4.00 < ___._____.__5/l00 Preferred Negus Apr 43% 100 Milling Apr 40 100 A Preferred International 40% Jan 4.00 25 class Jan 34% 350 com___* Preferred International Metals 34% 150 8 Mar 9% Mar 37 Car 390 2.75 Apr Jan 27% Petroleum Mar 4,132 8 Feb 8.00 25% 10% 25% 44 2.55 2.50 Jan Jan s—5 40 8 Feb 5.80 8 • Preferred 40% 2.70 | Feb 4.60 Jan 3.00 95c 5% 12 3A _ ± — Chemical & 40 44 Apr GOO 25 40 .7 Mar 1,300 % Industrial Feb 26c Jan 8,000 2.20 National Explorations Ltd National Grocers common Mar 4c 14c 6'Ac 9% •U preferred teb 21 7 Vic Mar 9% •_ — Mar 23% 500 40c Jan 36% 50 4 Vic . 4%C Apr 11'A Mar Jan Jan 49c . ;■ Moore Corp common Jan Mar 9 64 Jan 8Vi 9% 21% —1 —* —------ Petroleum Jan 51c 53 30c 9% ...—~ , 47%> Apr 8.20 28 9% 10 —_—• Imperial Tobacco of Canada ordinary 5 4% preferred 25 Imperial Varnish common * Oil A Mortgage National Imperial Bank Apr 9% • Corp Monarch Montreal Locomotive Apr 7c 19%c 9% 11c 2,035 4,500 Feb 9c 13c 13 Vic 1.85 9.40 38c Feb 13c 1,790 * 9.15 7.60 9634 107,442 —* ;__— 9.25 37c Apr 33% Feb 300 1.50 8.00 .—___________—• Apr 3.00 Mar 4.00 1.40 6.95 ' 16'A 7.45 Jan 26% Mar 1,000 1.50 • Jan 37c Apr 13 91 , 16,705 -* Jan 7.45 9c 7.80 ---• — 2.50 • 1 1 1 14 Feb 1 Grain Petroleum 11% • , Gas Pacific & I 200 • common... Hudson Bay Mining & Smelting Hugh-Pam Porcupine Husky Oil & Refining Ltd Hy-Oharger Petroleums Imperial ; ; , 1 Hoyle Mining 8c 11 Vic 11 Vic . Light & Power common...—• 13.50 ' . 14,821 4%c Apr 12% 100 1 Mines— Uranium Meta Mexican 3.00 •18c Feb 8% Feb 11 1,200 * 16% 8 10 37c * -— 3.00 — Feb Feb 7% 100 63% 10 37c 1 Mills Merrill Petroleum 14% — 1 Smith 50 Mar 39c 1,500 63 Vi * Gold • , Gold Howard 475 7 4'Ac Mar 13,000 32 6% __ 18c 31% 50c 22c 1,275 96% ——1 ——1 . 16% * Yellowknlfe Homer Bosco 4,150 7Vic Mar 9,150 Jan Mar 40c 225 * 5 * .— 5 _ Consol Oil Home •• 4%c 16c 17c Holden Mfg class A Holllnger 4%e 4 Vic • • Mines Oils Ltd Hinde & Dauch 9c 52c 20 13 Preferred 1 14 • 100 Exploration Mercury Jan • Heath Gold Mar 4,455 :. * —* • _. McWatters Mar 15c Iron 8% 12c 10,600 8% Jan Feb 8c Feb 36,500 2,705 38,800 1,500 35c • McDougall-Segur 3.10 Mar 8 Lake Red 2.90 17c 16 %c 43C 32c Jan 24%c 37 %c Mar 3,500 43c Mclntyre Porcupine Mclvor Drilling McKenzie Red Lake Apr 10 %c 13 %c 11c 1 Lakes of Headway 15c 45c High lie Mar 10% c Mar 10,000 40 %c 5c Jan 11 Frontenac Preferred Jan 8.00 Mar 100 8 * 1 Carpets Harrison Hibbert Mines 2.90 13 %c 13 %C -1 Hasaga Gold Head 2.90 1 — 11c 34c class Grain McColl 7,20 Mar McMarmac Red Hallnor Mines 9%C 40 %C .. Massey-Harris-Ferguson Ltd McBrine (Lj preferred —— Mar 14% Apr Mar 8c 1,305 23,000 Low 9%C Maritime] Mining ... Oils Ltd 9% Mar 2,650 12c 133ic 12'Ac 6 Vic Range Since Jan. 1 High 1.42 Mar Feb i . Mar way ne 16% Mar 1.02 Malartic Marigold Oils Ltd Apr 7.95 Shares 6 Vic Gold Marcus 42c for Week Low Maralgo Mines 29 %c Sales Range Par High McCabe Freehold Gridoil Guaranty Week's of Prices Last Sale Price Range Since Jan. 1 29c Great, Lakes Payer common Class A preferred Great 16 STOCKS Shares * Mines Grandoro APRIL ENDED for Week of Prices 1 Mines WEEK 1 Par Graham FOR Sales Range Last , STOCKS Week's 40 Mar 38c Mar ' Volume 179 Commercial and Financial The Chronicle Number 5317... (1759) 43 CANADIAN MARKETS RANGE Thursday STOCKS Week's Range Sale Price Par Shares FOR WEEK ENDED APRILl 16 for Week of Prices Last Sales Low Thursday Last Low "High Pboto . Engravers Pioneer Gold 50c 56c 33 % — Gold .aie 33 % 33% Mines 1.17 Ponder Oils 1.90 15c 14,400 29 29% 890 Power Com Prairie Oil East Jan 1.36 1.60 Jan 26 5,400 61c 24c 35 United Fuei A preferred— Jan 38% Mar Mines 3.00 Feb 5%c Jan 'Un ted 70 Apr 75 4.80 10c 1,500 8c 80c 92c 46,100 60c 12c 12c "3,000 3.15 85c 5.15 9%c 4.95 — 42c 3.15 100 Petroleum 5.50 Mar Mar' Vicour Victoria & Grey Trust 37c Mar 67c Jan 23q Mar 43c Jan 68c 72c 33c 33c 900 18c 21 %c 84,218 93c — 11,100 2.1 %c 95c 36,850 99c 8%c -1 8%c 1.80 Mar 30c 500 ; Feb 45c Jan 23c Apr Mar 8c 1.20 Apr 1.30 12c Jan Uranium Oils Hi 3,100 3%c Feb 4%c Jan 2.30 100 2.30 Apr 3.20 96C 1.00 1,950 87c Mar 1.12 Feb 68c 30.856 43c Jan 12 Feb 1.00 65c B v 10% 15c 1 common 14%c 13 %c .• ___ 10 ftundi? oils rr__r 1 St Lawrence Corp Antonio Sand Oils Ltd I,550.- Jan t12c Jan 13c ♦ Feb 19c 20c Feb Feb Jan 18c Feb 37% Jan 44 547 12 Jan 13% Feb 17c Jan 11c •• 2,000 3%c 9%c Mar 2%c Apr 500 18% 1,090 1.71 1.85 15 15 1.35 1.38 5,050 47 2,683 1.60 1.60 "2,700 9%C 10%C 1.75 * II,800 1.75 40% 47% 4c Jan 19% Jan Feb 37% Jan 1.45 47. ; Jan 1.85 6c Jan 15 %c 1.50 Jan Apr 1,000 14 40 1.75 2,300 40% 302 1.55 Jan 57 60 Apr 4 y8 Jan 41 125 31c 40% Mar 41%' 30c 32c 6,030 23c 39c" Jan 5%c 5>/4c 1,600 19c 18c 21c 10,500 5J/8C Apr 15c Feb 22c 22 22 22 901 20% Jan 23 18c 107,000 19% __ Winnipeg &. Silver 64c 6%c Class _ 7%c 7%c 7,000 9Va 9V4 9V2 2,200 7% 1*01'101% 115 97% __100 Gold __ 1 preferred 8%c 9c 100 Wright-Hargreaves 1 Siscoe Slater — Zinc Gold iN) Somerville preferred Valley Souris —20 common _____________ 29,582 19c 23c 10,715 Jan Oils Spooner 481 8c 1,500 65c 900 7 %c 42c -41% Mar . 11 class Mines ^_1 18%c Zenmac Metal _1 - 22c Apr llc Mines Standard Paving, 77c • common 20 26% Stanwell Oil 8tarratt Stedman Steel of Gas &c Olsen 26 525 23% Feb 26 Apr 6.15 100 15C 16'Ac 6,700 Feb 4.30 5.60 Mai- 13 %c Jan 6.15 8TOCKS 1.02 1.17 126,338 81c Jan 90c 90c 800 60c Jan 10% 505 9 9% 9% 100 9 17% 17% 38c 40 Range Sale Price Bros Cons 9% 2,774 13% Mai- 18'/a Apr 40c 4,275 35c 40 25 Mar 44c Jan 49% 49% 200 47% 56c 2,200 54c Apr 32 1,340 42% Feb 54c 30% 29% Jan 49% Mar 80c Jan 32 25c 3,500 18c Jan 25c Feb 34c 4,247 25c Jan 34c Feb 22 23 1,145 21% Jan 26% Mar 8% 8% 60 l-eb 8% Mar 7% 100 6% Feb 7% Mar 18% 19 625 18 31% 2,908 29 Mar 7c 8,500 18C Mar 31 6%c 6 %C Mar 8.00 ■" 8.60 15%c : 15 %c 82,505 2,000 17 %c -1 1.00 Mar 6%c 1 — Mines hoc 10 %c Mar 31% 8.60 17 %c 20c 21,500 2.30 2.06 2.30 7,800 • ___________~_. Surf- Inlet 8witson - 6.50 15c Jan Jan 19% Apr 13c Jan Jan 8.60 Feb preferred Canada & Jan 28c jJan 2.30 * Apr 17% 17% 102% 102% 14c' 15c 15c 1,570 105 9,160 15% 101 14c Jan" Jan 18 105 Apr Tamblyn Ltd common Taylor, Pearson common Dominion Bronze 20c Jan 2,000 1.65 Feb 2.25 Apr Minnesota 2,800 1.08 Feb 1.20 Jan Niagara 40% 40% 40% 96 38% Jan 45 10 10% 550 8% Jan 10% Jan 11 11% 160 2.20 2.26 6,958 1.50 29 468 24% Jan 29 Apr ! Apr ' 16% 355 1 1.83 Feb Jan 99 Feb 50% 80 49% Jan 5iy2 Apr __ 11% 33'A 50 25 .; 25% 701 45 45 45% 2,006 5.00 10% 5.00 12 225 625 67 65 67 162 1.00 1.00 1.00 47% 1,346 47 Ontario & Wire Bros Feb 23 %c 130 Jan 9 Mar 16% 17 Mar 16% 35 16% 35 610 15% Mar 42 33% Jan 63 64 473 54 30 297/a 30 456 28% Mar 64 31% 8% 8 8% 800 40 40% 1,505 Jan 34% Jan 8% Apr 42 Mar 59 59 25 32% 35 33% 5,625 28 Jan 33 /a Apr 35 190 34 Feb 40 3.80 3.85 725 3.50 Jan 4.00 Jan ^Pr 5.05 5.25 3,440 3.55 Feb 5.15 Mar — 33 * — 1 -1 -- 5.10 34% 35% 35 29 32 1,055 55c 52c 55c 24,050 1.60 Jan Zeller's .«■ 25 24% 25 70 19c Torbrit Silver 1 1.38 1.39 200 1.53 Feb Toronto Elevators * 14 14 50 13 Apr 14% Feb 30% 30% 80 30 Apr 31% Jan 61c Jan Class FOOTNOTES FOR - No a Odd Class Trans Empire 19 55 16 Jan 19 Feb Apr 20 19 20 385 Jan 20 • 37% 36% 37% 4,010 32% Jan 37% class A 1— Oils Trans Era Oils 6 54% 60 Jan 35 24% 36 158 32% Feb 36% Feb 2 20 2.14 2.20 4,496 60'Ac 55c 64c 69,575 — • • 17 1.85 43c Jan Jan Apr Feb Mar 36% Mar Apr Jan Jan 23% 32 99c 25 Jan Feb 20% Jan 50c 2.55 Feb 65c Jan In e In (Un) Admitted to unlisted trading 1 privileges. When delivered. delivery sale (not Included year's range). Selling t Flat rCash wlWhen Issued, price. (not Included In year's range). * Ex-dlvldend. u ex-inter^st. sale Apr t Ex-liquldatlng dividend. (not Included year's range). d Deferred 32 OUT-OF-TOWN AND CANADIAN MARKETS value. lot sale 890 Feb s — Finance B , par ; s> A Traders Ltd • ; 19 36% Feb Jan Feb 14c « Apr, 64 * 31% 35c common Apr Apr Apr 10c Ex-rights. | Ex-stock dividend. I , ** Mar 1.70 47% Jan Mar • 8,100 Works 69 1.00 Mar 9 1 53,900 Iron 65 40% luu 3 16c Toronto Jan Apr 30 Consolidated 54c — Feb 12% 105 Stores 44c 20 5% Apr Jan 6,500 5 Paper Weaving_______^— Price 1.45 Toronto General Trusts Jan 9 Yukon 14 %c , 4.55 10% 23c Feb 16c 1.20 1 Mar Mar 46 110 ♦ Apr 50c . Mar -' 26 9 6 Oreille 1.50 •' 36 Jan Jan 33 5 J Pend * '* Feb 23% 35 100 2.65 Feb Feb Apr 5 Power Apr • Jan' 7.25 19% 9 .—7% Utilities 11% Mar Feb Jan 100 • com common Consolidated Gold 1.201 5.60 17 " 20c 20c 200 8% 35 PatO Thomson-Lundmark 2,870 Jan 12% 87 4,405 '* * new Paper Mar Tombill — 17 Jan 50 33% — • 10% Jan Apr 12 Thrift 2.25 16% Mar 98 * _______— Inc MacLaren 1.17 :> 10 9 Feb Jan 2.15 10% Jan 560 Steel Loblaw 7% 1,230 __ common International 5,505 5 Oil Bridge I Apr 10 6.25 Paper deHavilland Aircraft Dominion 27% 50 — common Westinghouse Copper 1 Hayes Jan 19% common Canadian International Jan 25 6.10 1 Steel 7 55 18% Lumber_________—* Dalhousie 100 6.10 Marconi Disher High , 8 27% 19% Canadian Western Coast V Range since Jan 1 Low 9 Canadian Consolidated Shares High —* Sugar *r 1.14 1 Feb Feb 11% 50 ♦ 2.10 10 _ Teck-Hughes Gold Mines Texas Calgary 11— 27c 18c 97% * j. Industries 1.17 * ll7/a Canadian General Invest— 2.15 * 16% 1 Canadian 1 _ Gold Preferred 102% Mar 16% 29 * Bulolo Gold Dredging Apr 18 %C Feb Banknote preferred 2nd Jan 31% • 16 %c Mar 1.65 American 1st « Industries Sylvanite 17% 100 50c - Apr Feb 22c 9% 28% 9% • Interprovincial Utilities Supertest (ordinary) Preferred 2.75 8 5 Corp Canadian 24c 3,266 British Apr 32c 2,100 ~1 Mines Apr 9c ' Feb 27% Brown Co common 25c 92c Asbestos Feb 32c 19 Jan 1.47 Sales for Week of Prices Low _• Canadian Pulp & Paper Newfoundland Develop Anglo Mar 22% 13c • _ 37 32 85c • 1 Anglo Feb , National Andian Apr Feb 13c Contact Sullivan Apr v Feb 1 Canada Sudbury 90c . 10% 1 Sturgeon River Gold 1.17 , Apr! '49% • Steeloy Mining Steep Rock Iron % Week's Last Jan 7% Ltd Apr 10c Jan Canadian Fonda Thursday Apr 18c Mar 10% __ _ Gold 38c Jan Exchange - Curb Section Api- 25 Toronto Stock Apr Jan * Standard Radio class A Stanley Brock class A Mar 7c Apr 19% Mar • (1944) 22c Jan Mar 24 3.90 t Mar 350 • Ltd Stadacona 1.96 Mar 52% Mat- . 200 * Jan 20c Jan * Co 19,400 1.55 17c 23,022 4~0 Apr Jan Mar ' Jan 20 | Feb 6 J 2.00 Jan — _ Southam 50 18c 100 " 5 175 6.15 , Apr Jan 98% Mar 2.15 3y 1 Co Feb Apr 101 % 2.15 Knittlhg Oil Jan Feb 2.15 Canuck Feb 9% • 4.30 17% 3,050 36c 9c Feb 1.14 44% 1 - 1.83 v ' fv. 9c 7c 155 1.77 1.77 35 5% Feb Jan 10%c Mar 6%c Mar 5,500 100 5% • Yale 9c TOO __ _• 6c 500 50 _ Simpsons Ltd y, 1,500 Mar Apr 80c 6%cMar 7c 7%c Gas 39% .102 : 7c 7,090 65 * B ' :■ 500 95c Mar 7c 26% 1.15 "i . 6%c Jan Apr 5.80 Mar Jan 95% 58c 1.40 26 10% 162 43,334 - 7c 20 • A— 34% 101 Jan Mar 34c 4.05 50c ______ class 1,098 38% 4.55 1.37. 26 1 __— Mines Dairies 36c 36c 20 __ Mines Standard Silverwood 2,200 38 Par Silver-Miller 1,745 1.38 8c 1 5.40 1 4.25 Voting trust ctfs 35 York 65c • Jan 100 __ 1 Alexander H) 27% 62%c __ 1 Winnipeg Electric preferred (G Apr 25 :;' Mines Wood Apr 75 .63c 1 Central Apr 19% Jan 35 100% " Wiltsey-Coghlan Wlncnester Larder Gold 18c Feb 62 65c 65'Ac .• Winward Feb 17% 25 Jan 47% 8c 1 • 1 •' 12c 90 5.05 __ 100 ■" Jan 35 5.10 1 Petroleums Jan J$%r 71 19% __ '* • Aftr 9c 71 20 Ltd 16c Apr Yellowknife Bear Mines 52% Apr 50 T Mar 4.30 Jan 4.40 41 1.95 1.15 Mar 12% 2,752 1,600 4.40 i. & Jan Mar 56 55% Preferred Lead Apr 2.20 50c 9.00 Jan • Leaseholds Yankee ' 20 : 8,246 Jan 15% Jan 12% Jan Feb Mar Feb 5c" 18% Apr 8C' Jan Apr 1.55 Apr ' 1.60 Mar 32c Jan 6% 12% 1 Preferred Winora 1.67 Feb 19 Jan 12% 41 Ashley Wllrich 1.93 Mar 47% 20 common .___ 33c 56 Western Tungsten Wesjton (Geo) common Mar 52% 50c -1- 33c lc Wood, 10 1.37 17 4,900 -50 1 Sigma Mines. (Quebec) SilancG Mining 1 33c " Mar 7c 100 8,600 1 Apr 10c 15 5 ,* Mar 945 1.71 _________——50 — 19 1.80 4.40 Products Western 11 67,800 10 %c preferred preferred 3,000 19 1.69 19% 13c 1.60 preferred Gordon 7c 7c __ 1.80 • Consolidated Western 12% 14% Feb i7%c 2"%c Jan 45% B Breweries 2,657 5 21c 46% A Sicks' 18% t Feb 3%c Class Shirriff's 17% Jan 1.47 Mar l.lOMar l'5% Anr 98c 3%cMar i8 1 10c 17% Class Sherrltt 11,500 common l%c Apr 10 %c 18 * Shawkey (1945) Miness Sheep Creek Gold '*. 5c • Territories Yukeno Security Freehold Petroleums Shawinigan Water & Power com 4c Brew 2.000 " Bridge 5c Canada 30,130 • Ltd Petroleums 350 Feb 7 70 Apr 6,400 Grocers 1.65 10% Mar 16,900 1 River Gold Scurry 15c i.10 Mar 150 1 Gold Sarnia 10% * San Sapphire 2,530 1 , 11% 6% Western 42% j 43 12% 12% 10 %c • common 410 —40 common Pyrites Westeel 27% Mar 1.20 — w vPl * aS 61 72cJan 6 Western l%c 11 %c 43 12% • Rupununi Gold _L: l%c 12c - » Russell Industries 38c ' l.io __ __ Jan ls • 16 %c 19 %C 18c 1 -x Royal Bank Royalite Oil 10 14 %c 15%c 1%C . 11,285 Mai¬ 73c ■* 12 1.35 ______—.___* warrants Oils Roy Silver 12 1.33 1 Consolidated Class °oxa 63c 12 1.33 common 5,050 1.30 Jan A Long Lac Rowan West 4%c 1 Little Wekusko 2.30 Rlx-Athabasca Robinson Weedon 4%c —1 Riverside" Silk class 40c 1.25 ' • falker G Fqulp & W' Preferred Jan 4 40 Feb 1 aterous ' ?2? IS Jan 5.25 1 Amulet Apr 1.90 ' Roche Jan 1 — Waite 23% 11% 1 Oils aJ? 3.30 Feb 9,030 39%c —10 Mines i6c 1 FpH 37% Feb n% Jan 14c 1 __ Vulcan Jan 90c _____ Mines Violamac Apr 77c i 2,600 1.80 1.80 54c 17% Ltd 10% % * 39 %c « Jan " Jan 57 - 7.00 Ventures Jan 3.85 Feb a% Mar 33 low 1.26 15 %c 9 ™ 35c 100 26% -7.70 Vqn Jan 135 61 26% Vn M.r 10% 7.00 % 1,800 60 __ ? 540 - • Steel 2 55 20c 5,000 26% Hiah t ldor p ,fvcc £? 28,925 141% Van"Roi Consolidated Mines 8,700 72c 1 17c 4.40 14 % Feb 13"% Mar 16c 1 4,390 620 3.95 * 25c 985 14 Vaitadiurn Alloys 17% 9 36% 1 Mines Jan 2.50 135 9 36% 16c qpp.er Canada Mines Jan <92c 10% 4.10 Apr lie Mar 8,550 i0% 92 v 24 245 ,25c __ Oils United 3.50 22c 36% __25 Hill Montauban !»d Feb 17% 1 . MacDonald 3.70 Jan 10c Jan 3.40 25c 500 _ 16,850 40%c 46%c 17% 1 .— 2.50 Mar Keno 3.35 __ 50 9 preferred United Feb 1 — Utilities Prado Class Apr 1 Renaljie Mines i Rio ■ 1.85 • __ Poplar Gold Rexspar _ 4%c 99 25c 101/ ^ 1 United Asbestos United Corp class B Jan 4,000 62,915 3.35 ut • Apr 84c Feb 10|„ __.l 40c 30% 3,200 70 llc • Jan 5c 3.10 30 250 „„_9 ____ Apr Mar 1.95 70 42c % Gas 1.85 2.95 common Mining 4%c L*/;''/. - Uranium Regcourt Preferred Union 1.95 1 Rankin Inlet Reeves 4,476 —1 Mining tteuwater 2,000 1 Queenston Gold Radlore 25c 30% 3.05 37c 1 Acceptance Union 1 — Copper Corp Labrador Quemont Union Apr Feb'; '71c . Quebec Nickel Corp Reef 1.15 1.01 29% 1 Quebec Metallurgical Red 12,350 ■___—100 Dome Quebec Chibougamau Quebec Apr 4%c Prospectors Airways mueDeo 29% 22,250 615 41c Jan 1.34 38% 6 isn Tungsten, Corp Feb 28c Mar i,ow 27 • Oil Range Since Jan. 1 High 26% • 1.60 38 Low 27 Triad Mar 65 %c 1 >.». Premier Trust L£u. Preston 1.41 tfan Shares • 1.95 Mar for Week . 1.25 38% Pipe Line Trend Petroleum 1.55 25c Oil Apr 1.22 Jan 11c 29% .___ Gold Mountain Transcontinental Resources 33 % 24 65 %c __. Premier Border u Feb 1.60 Oils River Rouyn 60c 1.30 Petroleum Powell Feb 95c 8,900 12c Jan 33 2,104 1.85 ———— Powell 1.17 13c Development 39c 13 1.85 Placer Poplar 1.12 70,893 29 % — Pitcn-Ore' Uranium Pontiac Trans 52c Sale. Range of Prices ?ar , ^ftrol OH & Gas Week'. Sale Price STnrKS blULKb . Range Since Jan. 1 High «44 (1760) The Commercial and Financial Chronicle... Monday, April 19, 1954 OVER-THE-COUNTER SECURITIES Quotation tor Thursday, Par l Atomic Bid Ask Mutual Funds— 25c I.04 1.14 Johnston 1.25 5.16 5.59 Fund 1 Affiliated Fund Inc 4.20 4.43 Business Shares American Mutual Fund Inc—1 X13.0S 14.19 Fund (The) Par Inc 1 Federal 27.13 28.32 24.68 26.93 18.72 10.46 11.41 B-3 9.97 10.78 B-4 (Discount 19.43 21.12 K-l (Income Axe-Houghlon Stock Fund Inc-1 3.14 >3.43 K-2 8-1 (High-Grade Com Beneficial Corp Blair Holdings Corp Blue Ridge Mutual Fund 8',4 9 B-2 (Income Stocks) Bond Inv Tr of Boston Fund Inc asset value Canada General Canadian Century Fund Chemical 9.64 9.02 Knickerbocker Fund ll 5.86 Lexington Trust Fund 25c Loomis Sayles Mutual Fued— (Net Asset Value; • Managed Funds— 10.15 9.36 26.21 23.31 1 9.79 10.56 12.49 22.09 142 7-24 Fund Inc Concord 7.87 Fund 16.11 Inc Do Vegh 13.22 14.37 -1 Income Fund 14.27 Massachusetts 11.19 Mutual Fund Balanced X40.38 40,79 17.28 13.99 —1 4.88 7.93 8.69 Fund Inc—lOc Trust— interest 1 21.95 23.73 Stock Inc 19.94 30.62 Inc 8.14 beneficial 7*28 Oai General Group v 1 %$ Dec. 15, 1%S Dec. 1954 15, 100.23 April 100.15 1955 1%S 100.17 1 Oct. 100.30 1955 15, 100.26 101 1 %s 9.24 interest 1 Inc 2 10.77 11.71 Dated 2.90% 8- Dae 3-53 10- 5- 1-53 Bid Ask Rate bl.40 1.10% bl.30 1.10% 1.90% Series 1 Stock Series 1 7.82 1 4.90 3.46 3.78 stock Series 1 5.54 6.05 1 11.96 13.07 Inc~lc 4.52 21.65 23.73 2.67 22.71 63.34 71.33 5.87 6.33 New Pacific Amer $1.50 7.53 10.19 Investors com—lOc & 3.23 20.01 6.50 27 % 5 Trading 25% 25 32 Fund Fund 11.92 (T Rowe) 16.28 (Geo) 39.55 Scudder, 13.85 30.37 30.37 1 16.17 16.17 Fund inc (net asset value) Scudder, Stevens & Clark— Stock Fund 5.47 6.00 5.93 2% 14.41 5.45 15.58 Shareholders Trust of Boston—1 28.29 8.11 8.89 30.58 Sovereign Investors 1 8.76 9.59 9.58 State Street Investment Corp—* Stein Roe & Farnham Fund 1 64.25 67.75 9.66 10.58 Selected Anier Shares 9.44 -9.83 lc 8.56 9.38 Television-Electronics lc Merchandising shares Mining shares 99.955 June 24, 9S.930 99.939 May 20, 1954. May 27, 1954 99.910 99.919 99.889 99.900 99.870 99.831 1954 Bank & Trust Stevens & Clark lc 8.74 June 6.53 7.16 Texas 24.93 24.98 1 7.S4 8.65 Fund Inc 1 . 5.76. 6.30 ...—lc 7.93 8.63 lc 2.83 3.12 United Fund__l 6.96 4.37 4.80 7.57 United Continental Fund—l 5.10 Par flew 13.72 14.91 shares lo 8.00 7.74 8.48 3.92 4.31 United Funds Inc— 8.77 Bteel Bhaves ————lo Tobacco shares lc shares —.——lo 7.81 8.56 Industry Shares Inc..1 Guardian Mutual Fund Inc 1 x29.08 23.95« 12.56 12.94 Growth Inc. • 19.72 19.72 1 12.57 13.59 Foundation Fund Inc.lOo 2.05 2.24 Hudson Fund Inc Incorporated Investors Institutional Shares Ltd— 1 11.57 Fund.lo 15.40 88c 97c United Income Fund Shaves_l Science Fund I United Bank of the Bid 36% 38% Bank of New York 100 Bankers Trust Chase National Bank 10 Chemical Bank & Trust Commercial State Bk & 10 Tr__25 — 3.77 49% 15 x45 Growth ' Institutional Bank Institutional Ins Fund—lo Fund of L29 1.42 lc 16.64 18.19, 1 6.63 Boston—1 lj.02 1954 £9.771 99.782 99.749 99.756 July 15, 1954 Companies Par 3.89 51% National (White Empire Plains 48% Harris Trust 45% 48 Northern National 3% 4% Y) 16 60% 93 lo Federation Fiduciary Trust Inc__l Van Strum & Towne Fund Inc_l 4.77 5.21 8.73 9.51» 15.34 15.65 Wall Street Investing Corp 1 Washington Mutual Fund —1 Wellington Fuild Unit 23.53 20.55 1 4.39 4.75 Co V Trusts— Series Series 14.23 1955™ 10.77 6.36 1 1956 National & Trust 134 139 10 23% Life —10 Agricultural Insurance Co Bid 135 39 2.99 Bank 111 114 Steamboiler 10 Guaranty Trust Co— Hanover Bank (The) 10 3.84 — — Brook 64% 66% 20 85 % 34 23% 155 32 190 16 50% 52 Union 10 36 37% 10 47 49 25 36% 33 Bank_12.50 53% 55% Bank 37 First National Bank Los Insurance Co of North Security-First Mellon Trust—25 68 % 88% 91 % Peopies 1st Nat Bank & Tr—_20 45% 47% 257 32% St. Nat'l Jersey Insurance Co of N Y__10 25 26% 26% 27% $2.10 prior preferred Massachusetts Bonding _5 Bankers Boston & 27% 21% 23 % 58 7 8 82% 86% Life 10 Co 5 Fire 5 Louis 5 48% 77 79 5 41 2 44% 46% 43 45 Fire Union Fire 65 New Amsterdam 39 New Hampshire Fire New York Casualty North 123% 5 Employees Group Assoc Employers Reinsurance Assn of Philadelphia Fireman's Fund <S F) Firemen's of Newark General Reinsurance Corp Glens Falls Globe & Republic Globe & Rutgers Fire Great American Gulf Life Hanover 10 10 2.50 5 Hartford Fire Insurance Co 1 34% 8% 9% Northern 48 50 12.50 51% 53 % Pacific Fire ! 10 86 90 Pacific 55% Indemnity Co 10 62% Casualty Co 5 59% 21% 30% 32% 78 81 47 49 57% 59% 29% 31 Phoenix 5 44 46 66% 68% 1—5 15% 17 5 43% 35% 45% 36% 5 10 10 10 Providence-Washington & 25 120 10 16 100 Trust 290 10 Co 26 5% Bank -20 Bank 33% 40% -20 51% 54% -17 National 53% 125 Manufacturers Bank & Trust -20 Trust Co -25 56% 29% Mercantile 17% St. Louis 300 Tower — 49 % 52% 61 65 -20 62 66 & Trust- -20 60 Trust 100 155 Union Grove Trust San 27% Bank United Bank Albany, N. Y. State Bank of Albany Bank & '■ 165 Francisco of Amer N T & 8 A—6.23 34% 36 Recent Security Issues Bonds- 104 23 108 Bid Alabama Power 3%s Atlantic Republic (N Y) (Texas) Fire & Marine. _! 10 26% 28% 2 8% 9% __10 54 6.25 39% 41% 45 48 % Seaboard Surety Co 10 Security (New Haven) 10 Springfield Fire & Marine—10 Standard Accident Travelers 24 25 % U S 37% 39% U S 152 % 157% 10 57 38% Fire Bid Public Serv of 1984 100 101 Southern Nat Gas 3%s 1974 .1984 100% 101% Detroit 102% Tenn. Gas Trans 5s 1973 105 .1984 97 7 8 105% 98% Lighting Power 3s. .1989 1973 105 'A 106 100 % 100 % 104 % 105% 100 100% Houston UUnois ^ong Mich Edison 2%s Power 3%s .1983 3%s— .1974 100% 101 Island Lighting 3%s_. .1983 Consol Gas 3%s .1979 104% 105% 103 104% Gas Northern Ohio Edison 3%s .1979 106% .1984 105% 105% 1959 Illinois Gas % 105% 103% 104 3'As Pacific Finance 4s Ppwer Lgt 3%s_ Penn E^ctric Pitts & West Public Serv & Va Co Ry of .1984 100% 100% .1984 3%s 101% 102 3%s_ .1984 97% Ind— 3%s 106% 98% 3s. 4s FOOTNOTES 49 % 1,150 70% 72% 43% 45 % k 2 26 FOE •No par value, b Bid yield price, 27% admitted Stock to listing Exchange. Dallas El Power Paso Nat Louisiana 4.16% & Lgt 4% Gas Power 5.65% & 6as 5.85% 4.44% pfd—* pta.100 100 New York wi y 108% 109% 99% 100% Lgt— 100 102 103 100 103% 105 100 104 105% Transmission— preferred County Elec— preferred OVER-THE-COUNTER ISSUES t the 101% Lgt— preferred Mississippi pow & 4.36% preferred Tenn x on 101 Stocks- Worcester 1984 Okla 52% 47 % Ask 101% 100 3 Fire Bands—(Cont.) 101 .1984 40% 50)4 __100 1,120 Fidelity & Guaranty Co_10 Westchester „ Ask .1984 City Elec 3s Calif Oregon Power 3'As Pacific Reinsurance Corp St Paul 10 (Jacksonville Fiat .2% Fire Bank Laclede * 10 4 Fidelity & Deposit of Md 26% 32% River Peerless Federal Fire % 24% 2.50 —3.33% Northeastern 52 10 Fire 314 50% 5% 43 National 120 10 42% 41 2 11 10 Assurance 36% 26 National Boatmen's First National Bank 5034 10% Fire 304 Inc 10 Merchants & Manufacturers—-4 Merchants 61 24% 52% 113% 53% 10 Co_— 50% 110% 27% 10 Casualty Forster & 264 31 26 Continental & 40 264 29 % 50 % Connecticut General Life— Crum 37 254 1 5 National Shippers 10 common 60% 10 Insurance Camden 26% 25 _. — Bank 90% Maryland Casualty National Nat'l Pittsburgh 28 30 Trust_17% Sterling National 88% Lincoln Re-insurance Aik Amer__5 33% American & . Angeles Mutual Bank & Trust Bank , City 24% 25 United States Trust 33 % American Surety Bid Commerce Detroit 161 20 Trust 42% 53% Automobile City Bank York of 33% 205 66% 100 Morgan (J P) & Co Inc Bank 25% 20 40% 31% ___5 445 100 50 88% Bank Of Freeport __5 Home 51% Casual)y_5 430 Co 53 _20 National Trade American Automobile ————4 American Equitable Assur 5 preferred 395 3.36 50 Kings County Trust Co—40 Long Island Trust lo Manufacturers Trust Co 20 62 31% (Newark N Ji„2»/2 285 380 National Jersey Industrial Bank of Commerce-10 Irving Trust lo 60 10 Fidelity & 278 National Bank of Detroit 100 Public Nat'l Par Hartford 60% 89 1100 Savings Bk„100 Bank—— & 65 20 42 Bye National Bank_ Ask 141 58 86 & 25% 10 Of the City of N Y Franklin National Bank— Franklin Square N Y Meadow 1 . 12.35 Insurance Companies 10 Trust—33% Trust American 10 62 Cleveland Trust Co National City Bank 22.22 Diversified Trustee Shares— Series E -2.50 North Amer Trust Shares— 7.21 12.02 21.58 1 Inc Investment Type 11.21 —1 Fund First Bank Ask 25 62 % 90 Bid : r,- , Cleveland Central N Trust 7.36 New Par r Bank First County Trust Co national Aetna Casualty & Surety Aetna Insurance Co— * ■ City Nat'l Bank and Trust Continental Illinois 46% (ex-distribution) Corn Exchange Bank & Trust_20 7.01 V lc Institutional Found Fund Investment Co of America 99.820 99.801 46% Stamped 6.73 Investors 99.842 99.8C9 99.791 Chicago 6.41 Whitehall Wisconsin 99.831 1954 Ask Co__10 Manhattan 1 Value Line Fund Inc Value Line Income Fund 16.85 12.51 : l Accumulated . Institutional TAB 99.841 1954 July 1, July 8, York- 5.57 — 1954 24, 99.861 99.830 Continental Bank & Trust Fund Equipment shares —_—lc shares June Ask 99.850 Stock Fund— lc shares 99.974 10, 1954 17, 1954 May 13, 1954. 21.46 * 1954 40.35 1 Growth Bid 99.963 1954 6, June 21.10 Fund Putnam 29, 3, i 99.993 99.948 Apr. May June Dollar Value Ask 99.990 16.60 19.41 Inc Inc shares—lc lc conv 1.35% Dollar Value Apr. 22, 1954 13.04 1 2.50 1 Street Price 6.00 5 Philadelphia Fund Inc Pine Common Shares 2.95 X18.51 preferred Petroleum 10.35 Industrial Machinery shares_lo Institutional Bond shares—lc $1.25 1.35% bl.50 United States Treasury Bills Bid lc England Fund Pioneer administered Amer Ins Co bl.50 8.55 Natural Resources of Canada 2.90 9.30 American 1-54 1- 3-55 4.96 Series Growth Stock Series Natural Resources Fund j 1-54 5.36 1 Income 7.41 (The) Stock Futid-lc Aetna 12- 7.40 9.45 Investment Trust 1.30% 6.77 shares -——lc Fund 1.30% bl.50 10.51 7.28 Haydock bl.45 1-54 9.62 21.01 shares Ask 1-54 11- 1 1 Fully Bid 10- 1-54 1-54 11.77 Income Dae 4-54 1-54 —1 Food 99.22 99.12 2- 3- 7.80 ' 99.24 99.4 1- 4- 12.82 Utility 2.15% 1.50% 6.77 6.87 100.10 99.14 Dated 3-54 1-54 6- 1.60% 10.04 • 100.14 ,99.16 1.25 % 7.11 ; 103.24 100.2 Federal Intermediate Credit Bank Debentures Bate 1.30% Fund Inc lo 100.20 103.22 100.6 1959- 1.15% 7.28 stock 1, 1.20% 10.75 Railroad April 100.22 100.12 1958 bl.40 II.71 Bond 1. bl.30 42% 43 % Ask 100.14 1958- bl.40 lc Railroad 1, 2-54 Electronics & Electrical •a Treasnry Notes— 1-54 j—lc Fund——lc RR l%s Oct. 1, 1956 2%s March 15, 1957 l%s April 1, 1957 l%s Oct. 1, 1957. 8- Trust—.—1 Petroleum shares 100.21 1955 1956 8- 2.98 Inc shares bond 100.23 100.19 15, 1, 7- ———lo General 100.26 l%s Feb. April 1-54 20.89 Corp Equipment 100.22 1-53 shares Common 100.20 2-53 Funds Inc— Fund Capital Growth 2%s Aug. 15, 1954 2%s Sept. 15, 1954 4- Building shares Chemical l%s 11- 2.72 —lo 113 % Bid 100.13 12- 19.32 series 112% Notes—(Cont.) 100.11 2.25% Securities— Aviation Treasury 1954 2.35% Inc_l Fund———.* 102.18 32nds of a point 17.61 Preferred 1 Automobile more 14.52 5 Investors 1, or 16.40 ' Bond Investors Capital June one 13.43 5.71 10 99.18 102.10 Maturity- 1 12.22 23.31 Inc Industries Ask 1 2.21 11.24 ' General Bid Balanced Fund National Investors Corp x2.01 36.18 Fund 99.10 .1961 Nation Wide Securities— 5.51 Common stock series Fundamental 1958 7.98 33.84 Custodian Futures 2%S 13.06 27.41 Inc stock 1, Figures after decimal point represent 2.70% 1 First Boston Corp Preferred 1957-55 Maturity— 8.94 13.06 20c Mutual 101.4 101.26 1, 16.59 Fund 1 ————1 Industrial Founders 100.30 101.18 Fund— Speculative Series Franklin 1955 1956 32.92 15.26 Invest ___._L_.——1 Fund 1, 1, National Security Series— Balanced Series ; Fund Financial Feb. 2%s May l%s Oct. 21.56 Life 8 31 25c Equity Fund Inc Fidelity 2%s 100.15 Certificates of Indebtedness— March 1 Of Inc— Fund 5.69 Shares Corp— Net asset value ——1 Mutual Trust Shares Howard— Stock 6.27 5.17 4.43 —_lc - Investors Growth 32 1 uivldend Shares & 5.70 lc ——■—-lc beneficial of 4.19 3.80 Units of beneficial interest—* Mutual Fund of Boston Inc——1 Diversified Investment Fund—1 Eaton Bond 13.20 Growth Fund lc — shares shares 30 1 Fund 100.12 100.7 100.7 100.11 U.S. Certificates of Indebtedness & Notes Mutual Stock Fund Dreyfus 3.66 Ctfs Inc— Net asset value Diversified 3.33 Mass Vegh Mutual Fund Inc— Delaware 3.25 5.24 11.08 un¬ Net asset value Do 2.95 4.76 Manhattan 17.51 1 consolidated Investment Trust_l 100.8 100.4 100.4 . Panama Canal 4.23 Petroleum 1 — — 100.21 2%s May 38.84 3.84 Massachusetts Investors ——-— Fund 38.84 Steel Composite Bond & Stock Composite j. lc Paper shares 8,300 137 Stks)_l Non-Ferrous Metals 23.89 8,100 _100 Cora shares_lc Electrical Equipment shares_lc General Industries shares—lc 20.02 corn- .100 Priced Automobile shares Business Equipment 13.51 18.52 1 100.17 11.09 8.66 - Ask Bonds— 2%s Nov. 1, 1954 2%s Feb 1, 1955-54 6.42 27.34 1 Commonwealth Investment Bank 7.54 >26.29 1 32nds of a point Land 9.84 6.90 1 _ 1954 more Bid 100.3 10.53 (Speculative Com Stk)—1 25.34 '' 100.1 9.68 (Low Inc_ Securities ®r Federal 13.96 8-3 24.24 Inc.. Preferred 8.87 12.79 1 8-4 1 Fund Christiana Stk)_l 2% Trust Shares Stks).l 11.03 5 Corp x Fund 2%s June 1, 1954 2y8s Feb. 1, 1955 23.51 2% 10c . Street Invest Bullock Fund Ltd 2%t June 1, 11.79 19.36 10.15 1 Broad 20.43 17.74 one Ask Banks— 2.10s May 17, 1954 Central Bank for Cooperatives— 10.80 21.86 1 Inc__l America— Bowling Green Fund Inc— Net Pfd Com Loan 1 Stocks) (Speculative Home I Bonds) Pfd Bid 33.13 1 Inc——1 1 32.47 (Medium Grade Bonds)_l (Low Priced Bonds) 1 B-2 Obligations of Government Agencies Aik Figures after decimal point represent Axe-Houghton Fund "A" Inc—1 Axe-Houghton Fund "B" Inc__5 i Bid Mutual Keystone Custodian Funds— E»1 (Investment Bonds) Development Mutual 15 Investing Companies Mutual Funds—• Aberdeen Fund American April New stock, Ex-dividend, When issued, Ex-rights. , Volume 179 Number 5317 1 The Commercial and Financial Chronicle ... (1761) THE \ Bank with a based , COURSE clearings this week show Preliminary figures compiled by ago. year decrease compared a BANK CLEARINGS -Complete and exact details for the week covered by the foregoing will appear in our issue of next week. We - us, telegraphic advices from the chief cities of upon cannot furnish them indicate that for the Week ended Saturday, the country, OF today, inasmuch the week ends as time 0.3% for preliminary Our year. those below the totals stand at 1953. CLEARINGS—RETURNS York New 769,330,279 Kansas —23.2 626,389,568 ; 4.—: 349,000,000 City Louis _ Francisco 500,927,000 375,598,466 410,743,226 471,683,102 522,367,433 333,931,065 Pittsburgh Cleveland -- Ten cities five days cities, 2nd New 3rd —10.8 — — 3,445,862,010 3,804,675,865 Total all five days.,— $18,103,657,542 $18,058,049,325 649,174,402 • 760,935,174 cities, cities, day one Total all cities for week-.--- $18,752,831,944 $18,818,984,499 ♦Estimated. Our the on New York Stock Description— Louis - Stocks— Number 1953 ; 44,132,383 1954 42,472,257 1953 ; 110,801,704 misc & .International $65,420,600 Bank government U. S. Government— $65,013,000 $200,262,600 $191,370,600 93,000 357,000 185,000 69,000 13,691,400 Foreign Total bonds 9,649,900 40,763,800 23,885,040 1,000 5,500 237 and the $79,181,000 Month— L January February 1952 33,374,561 34,086,902 37,141,073 27,195,265 1st 1st The 44,132,383 42,472,257 29,512,893 of March— 93,849,231 month of March £eVueland Richmond 6th three months 14 12 » 15 _______ cities " 17 8 __________—______ 766,691,652 1,118,356,128 526,546,746 403,571,344 536,389,562 + — 6.3 C';: and in 6.0 16,369',830,819 16,092,788,409 7,606,663,278 8,332,844,666 the Atlanta District of of Reserve District San Inc. $ or show an March in each of the four is shown below: years Total v + 43,307,939,489 ■QV 2.0 Outside New BANK CLEARINGS IN - —Month of New York-. , 47,722 41,688 (000,000 + omitted l 1954 Chicago CITIES March——+- 1953 1952 IN + — 2.4 0.2 2,793,284,911 4,412,042,014 2.6 8,882,307,527 1.2 2,740,532,514 2,156,551,715 4.7 « 2,868,433,874 " 2,323,686,880 « 3,676,131,258 " 3 633 723 249 " + 4,955,006,019 4.4 7.7 3,500,287,592 3,540,503,107 4,934,977,055 5.0 2.6 • 0.4 V 3,041,959,280 42,427,246,943 5,261,931,328 4,898,514,676 2,439,058,390 3,907,892,102 7,604,324,413 2,604,115,547 1,923,245,276 3,332,063,683 3,174,003,711 4,682,001,956 4,825,239,767 2,429,907,135 3,979,326,273 7,446,913,173 2,410,825,567 1,974,115,491 3,241,989,052 3,280,185,728 4,555,090,556 1954 1953 1952 114,669 112,627 111,865 4,283 3,689 3,861 11,681 11,801 10,950 2,296 2,556 7,437 7.379 6,944 5,075 4,623 4,999 13,694 13,721 13,949 1,270 1,417 4,281 4,129 3,886 4,173 Pittsburgh. .1,623 1,574 4,762 5,022 4,890 4,590 2,536 2,475 2,351 2,489 6,700 6,710 6,731 6,759 ' 1,382 1,372 1,150 1,163 3,731 3,755 3,417 Fran.. Baltimore V Federal Reserve Districts Cincinnati 1,128 _ *915 1,101 958 3,188 1,660 1,506 1,661 4,548 4,636 4,562 4,830 1,995 2.049 1,783 1,829 5,620 5,762 '5,450 3,881 New , 1,515 1,420 1,266 1,268 4,103 3,884 3,777 807 745 •663 646 2,192 2,094' 1,994 Orl'ns 2,962 "Omaha 697 113 157 ... -Providence. -Milwaukee. 547 *643 655 680 625 127 143 " Indianapolis 320 286 Richmond _ 793 _ 525 439 661 ___ Memphis 2,043 390 1,454 1,141 1,421 1,546 1,441 1,410 9,023 ,211,553 135,890 ,198,041 " 9,002 970,199 119,292 063.709 15 " 14,516 755,462 " 15,360 333,299 8 " 7,718 ,813,860 12,727 ,481,787 31 " 7 Chicago " St. Louis ____ 1,815 1,753 1,742 1,704 289 903 870 808 680 2,124 2,191 2,014 1,500 1,520 1,456 2,045 2,045 14,703,718,931 14,657,778,765 1.1 7,211,247.053 7,030,914,975 2.0 11,656,302,268 22,023,141,880 7,408,699,184 5,822,105,842 9,725,982,492 9,653,125,524 13,166,716,300 10,990,227,805 22,183,054,591 7,653,781,960 5,842,699,253 9,820,602,154 8,956,683,560 13,127,340,533 12,554 573,567 24,467, 634,570 8,052 031,408 7,884, 948,968 + 2.1 5.5 + — 1.4 1 0.8 Minneapolis 16 Kansas 5,973, 072,398 + 15 " 9,899, 556,676 Dallas 9,784, 655,760 + 11 " 12th 10,325 ,656,895 San + 19 " 13,327, 961,234 10,297, 856,156 13,597, 236,00u 267,407,375,649 250,783,025,430 + 6.6 241,313,025,637 239,948,504,953 136,219,522,570 136,113,211,924 + 0.1 128,685,612,831 128,083,263,723 City Francisco " 6,303, 765,130 — 1.2 0.3 1,994 987 857 872 453 410 393 702 676 2,015 303 1,531 165 133 Tot.27 Cities 84,296 77,484 Total * 919 129 ■ Outside New - York City 181 cities , .—J — The following compilation covers the clearings sine# Clearings, Total All 70,269 73,673 229,815 213,427 206,630 206,622 1954 11,623 37,592 37,356 *34,683 33,326 January Clearings Outside 1953 $ 12,971.11,686 January 1, 1954 and 1953: MONTHLY CLEARINGS Months— 13,406 0.1 1.6 Inc. $ or New York 1954 Dec. ft — 1953 $ Inc. $ Out. — 97,702 90,455 81,955 85,296 267,407 N.Y.C. 49,980 48,766 43,171 44,314 We now add our 250,783 241,313 239,948 87,548,199,573 85,832,145,703 + 82,156,303,839 74,495,597,870 + 10.3: March 97,702,872,237 90,455,281,857 + 8.0 49,980,051,679 46,750,319,045 40,596,395,613 48,766,497,266 + 6.6 136,219,522,570 136,113,211,924 136,219 136,113 128,685 128,083 ___________ Total three months 267,407,375,649 250,783,025,430 detailed statement for each city for the month of March and since Jan. 1 for two years and 2.0 44,948,831,933 .. 41,290,638,958 or Dec. ft February . ' Total all + 8,818,084,109 116,171,404,949 14,942,765,436 14,410,945,629 10th 1,453 292 cities — V $ 8,412,005,313 116,872,202,085 11th 1,949 503 1,501 - 154 Other + — 830 471 1951 $ 0.2 24,261 ,610,304 | Three Months 1952 or + 13.9 15,604 763,442 7,807 942,261 " + 14,515 308,394 17 ______ 1,337 609 686 ■f Inc. Dec. % 16 7th 9th cities 12 ______ Atlanta -1,411 455 264 520 Three Months 1953 ' 483 759 __ 1,250 1,410 610 350 Hartford 433 500 765 — Salt LakeC. 1,985 401 " 332 Seattle V 1,947 2,022 435 , 1,987 1,948 • 361 Richmond 8th 6,651 2,148 .. 6,840 477 - 776 <• 2,185 8,068 ■ 518 Denver 7,840 Cleveland 6th 1,840 " • 548 686 — Paul— St. • 2,326 558 560 - 585 •Buffalo • 2,331 706 767 ___ 2,953 753 Detroit Louisville.. , Philadelphia 5th , New York 4th 5,395 Minneapolis 14 3rd 2,905 2,790 3,070 1,694 Cleveland— Boston 2nd 3,363 •Kansas City Three Months 1954 $. 1st ' • 85,296,357,305 44,314,290,276 Three Months 14,165 1,483 1,787 San , 81,955,210,175 43,171.488,819 7,348 1,559 _ 8.0 We append another table showing clearings by Federal Reserve Districts in the three months for four years: 11,408 2,703 1,782 Louis + + 2.5 1951 131,187 5,191 Philadelphia St. 90,455,281,857 48,766,497,266 -Jan. 1 to Mar. 31 1951 38,783 40,982 4,306 _ 97,702,872,237 49,980,051,679 City MARCH 2,796 „ Boston LEADING York of 1951 $ 2,765,956,568 40,166,670,265 4,878,990,600 + 14.1 5,366,875,818 5,545,388,730 4,607,976,770 181 cities __________ the Kansas increase • • and the 1952 Dec. % 3,274,591,385 19 — totals 4.7% In 4.4%. gain of Francisco Reserve District of 0.4%. 1953 11 Francisco 7.7%. a 5.0%, in the Dallas Reserve District of 2.6% and in the ^954 16 Dallas the larger are has to its credit 1.2%, the St. Louis Reserve 8,987,967,424 7 totals District by 0.2%, but 15 ; the Reserve Chicago Reserve District City 372,146,798 951,512,612 " 870,844,515 2.1 " St. Louis .__ 375,439,904 494,420,301 371,016,222 0.6 " with ended 800,276,911 917,000,822 495,508,061 31' Minneapolis. Kansas City San 5.4 7.4 1.5 16 8th 12th — 687,666,964 8,091,801,960 1,116,807,992 996,584,872 524,711,779 Minneapolis Reserve District 3,34.0,860,987 —- + + 11.8 The 49,410,745,516 5,495,053,666 5,537,271,322 2,866,010,272 " — + ' 5.0 $ Chicago 10th clearings at leading cities for the the J'•+, Atlanta 7th 11th and .++ — + by 2.6% In the New smaller by are Boston v5th 147,039,909 of bank course ' ?»d New York -Philadelphia 35,625,302 106,768,419 - - $90,455,281,857. 0.5 9.6 in the Richmond Reserve District in¬ an 7.9 + 380,922,626 entire _____ 41,233,877 110,801,704 _, Quarter was 9,024,574,513 914,004,236 950,694,863 558,421,064 509,994,878 of the clearings for $ —597,629,407 + 8,624,796,109 1951 $ +13.9 *— 16,876,943,272 For that months there 1953 aggregate 9th March a summary ■ 380,178,729 929,897,160 • Reserve District the totals show Month 70,180,730 30,209,260 today, 1952 2.4 — - 8,443,315,754 Federal Reserve Districts 1951 33,294,760 - 1,301,894,488 537,948,725 Cleve¬ —Number of Shares—■ ■'—— — . - 1953 900,319,104 17,881,537,749 City land Reserve District the totals $74,756,900 $241,388,900 $215,441,640 ' 1,005,339,979 525,944,730 an improvement 14.0%, in the Boston Reserve District of 2.0% and in the Philadelphia Reserve District of 2.4%. In the The volume of transactions in share properties on the New York Stock Exchange for the three months of 1951 to 1954 is indicated in the following: ' 1954 cities 8,571,122,851 1,187,243,897 of 1,000 •_• . the 106,768,419 York " or Dec. % 646,136,105 body of clearing houses of 8.0%, aggregate of clearings having been $97,702,872,- the 1954 Three Months " in York for " 6 _ the month of March. crease 10 ___________ ; New " 10 City Inc. $ 1,205,400,929 545,756,953 426,038,890 513,085,940 399,083,996 871,363,948 " " 7 1953 b 851,665,506 " 4 Francisco We also furnish is appended. The months of 1954 and Bonds— Railroad San ;> 1,010,371,085 576,219,975 " 17 : ... Total Exchange 1954 shs.___ of Kansas Dallas 12th Outside Month of March the group 630,861,043 9,758,692,398 1,092,997,086 " - 10 ... .... St. monthly detailed statement of transactions \ results for March and the three 11953. follow:. ■ ■ / .1 _ Minneapolis 11th i usual 7 6 Chicago 0.3 — " ___ ... 8th 0.2 + 11 Atlanta 9th —14.7 — » Richmond 6th 9.4 cities 11 Cleveland 5th 9.7 2.8 + 12 York 10th All We $ Philadelphia 4th 8.6 7.2 — $14,657,795,532 $14,253,373,460 dalys— five 14.4%. 1954 Boston 2.1 7th Other of Federal Reserve Districts 1st 2.3 + 561,535,125 - Baltimore — 341,000,000 *310.000,000 : $16,876,943,- increase Chicago Reserve District shows a falling but the St. Louis Reserve District reports a gain of 1.5% and the Minneapolis Reserve District of 11.8%. In the Kansas City Reserve District there is an increase of 0.6% and in the Dallas Reserve District of 5.0%, but in the San Francisco Reserve District there is a decrease of 6.3%. same week in ,1953. Outside of this city there decrease of 2.1%, the bank clearings at this center an The off of 7.4% Week Ended April 10— 3.9 — °f 5.4%. increase of an + 12.7 362,879,682 . was SUMMARY OF BANK CLEARINGS —24.8 1,186,000,000 601,841,628 355,279,451 , give the final previous — the week For that week there having registered 911,000,000 Boston District the totals record an improvement of 0.5% and in the Richmond Reserve District of 9.6%, but ih the Atlanta Reserve District the totals register a decline serve able to are % 1953 $8,885,713,543 1,022,813,818 Chicago San TELEGRAPH $10,013,135,606 Philadelphia St. BY 1954 / we 272 in the was a -Week Ending April 17— Accordingly, in the above the 6.0%, the aggregate of clearings for the whole country having amounted to $17,881,537,749 against Our comparative summary for the week follows: 12.7%. press. and complete results for the week ended April 10. At gain for the week ended Friday of a going to present further below we $18,752,831,944 week in same of statement, however, which corresponding week last »against $18,818,984,499 for the this center there is clearings will are District the totals last day of the week in all cases has to be estimated. In the elaborate detailed be * (including this city) the larger by 13.9%, but in the Boston Reserve are smaller by 2.4% and in the Phila¬ delphia Reserve District by 7.9%. In the Cleveland Re¬ not available at are April 17, clearings from all cities of the United States , cities according to the Federal Reserve Districts in which they are located and from this it appears that in the New York Reserve District totals Saturday, and the Saturday figures from which it is possible to obtain weekly 1 45 — 3.© + 1.7 + 2.5 + 0.1 for the week ended April 10 for four years: First Federal Reserve District—Boston— -Month of March- Clearings at— 1954 Maine—Bangor Portland • — + 26.1 2,703,994,191 14,401,702 13,159,329 6,119,224 — 5,733,241 — • 3.0 1953 $ $ 28,879,041 69,499,100 * 1954 28.006,838 or Dec. % 25,983,967 2,796,607,378 : River Inc. $ 9.061,914 25,215,175 _________ Massachusetts—Boston Fall . 9,176.211 - -January 1 to March 31 1953 -S 66,532,761 Inc. 1954 or Dec. % — + $ 3.0 Holyoke ' 4.5 5,378,893 4,717,489 519,779,816 524,465,986 3,059,396 2,586,989 3.4 7,437,030,977 7,379,355,084 + 0.8 + 9.4 37,839,704 36,986,490 + 2,.3 6.7 17,126,541 16,638,073 + 2.9 + 11.3 15,882,774 14,485,129 + 9.6 4.3 + Lowell New Bedford Springfield -53,378.951 — j . Haven Hampshire—Manchester + 40,914.992 42,069,304 146,555,376 110,643,405 112,469,355 1.6 8,374,623 8,018,116 + 6.8 480,139,821 453,797,461 + 5.8 37,257,844 41,101,064 6.8 199,223,372 194,332,328 + 2.5 14,910,137 16,130,136 1.9 50,935,700 52,250,700 66,301,758 — 18,867,400 • 113,518.800 - —_ 157,451.600 8,970,055 8,338.282 1,089,671 149,086,492 154,670,266 18,516,200 1,529,056 3.7 1. 1 + — — 1951- $ $ 6.4 2,083,609 2,096,050 + 14.0 4,603,760 4,824,937 498,326,329 574,112,650 2,243,188 2,701,407 — 0.9 — + 18.3 ■_, 4.4 + — — 1952 Dec. % • . + 51.469,453 •? 40,422,586 70,836,363 _____— Waterbury Rhode Island—ProvidenceNew 14,016,629 . > 165,155,824 Connecticut—Hartford New 5,120,769 38,645,683 • 1 Worcester ; 5,697,520 14.621.901 - ___— -Week Ended April 10Inc.or $ 2,424,688 + - 1953 2,269,301 - t b" + 40.3 1,100,582 1,102,626 2,216,881 10,126,127 2,691,121 10,894,989 2.8 3,525,105 3,388,662 + 4.0 1.7 11,122,830 10,956,475 + 1.5 2.5 — " 4.4 26,245,615 8,493,408 33,463,260 7.6 — 8,261.451 9.4 + — 11,328,155 13,930,332 — — —27.9 361,543.700 7-6 *25,338.137 + 435,564,400 23,054,697 —17.0 » 21,608,400 29,466,500 —26.7 29,546,100 9.9 2,045,643 1,790,329 + 14.3 1,547.610 1,812,484 597,629,407 687,666,664 + 31,543.700 - Total (14 cities) 3,340,860,987 -.3^4,591,385 + 2.0 9,023,211,553 9,002,970,199 + 0.2 - 630,861,043 646,136,105 — 2.4 46 The Commercial and Financial Chronicle... (1762) 1954 $ Dec. % Inc. or 1953 $ Inc.or 1953 $ -Week Ended April 10 —January 1 to March 31- Month of March— 1954 Clearings at— Monday, April 19, 1954 $ Inc. 1953 1954 Dec. % or — ! 1951 1952 Dec. % $ $ $ $ *,*1 Second Federal Reserve District—New York152,661,153 139,159,450 York—Albany 17.807,274 18,704,787 Elmira 11.657,862 9.866,212 - Jamestown 53,969,892 54,527,798 1,501,349,339 1,512,974,538 G.2 31,527,581 34,940,466 4.6 — 10,933,719 4.8 0.2 — 548.447,889 9.410.848 Buffalo 27,241,420 30,041,540 1.0 -ts — ' 1 114,669,813,506 401,553,371 366,743,340 + 81,989,904 248,638,714 Total (12 19.2 23,445,341 18,452,142 17,376,356 + 6.2 15,445,394 23,"92*6194 +~17.1 1.1 241,582,976 + + 9.9 48,621,783 44,994,856 + 302,562,608 264,406,414 + 14.4 252,192,510 + 15.8 793,290,920 736,998,380 + 7.6 59,814,855 60,753,608 321.485,743 308,921.798 + 4.1 882,116.245 877,206,477 + 0.6 63,294,531 71,380,256 43,307,939,489 + 14.1 135,890,198,041 119,292,063,709 + 13.9 9,758,692,328 8,571,122,851 + 13.5 18,643,223 17,525,913 + — 5,406,490 7,304,168 7,487,725 8,162,919 — 7,607,103 17.039,468 1.5 36,789,498 52,560,340 —11.3 50,819.526 60,078,969 13.9 9,024,574,513 8,091,801,960 — + + 6.4 1,556,716 1,707.039 1,559,952 s 2.5 20,582,446 20,551,013 + 0.2 2,002,813 1,799,538 + 11.3 1,741,428 21.920,791 20,947,723- + 4.6 1,769,178 +755,314 + 0.8 1,323,706 1,636,737 1,265,376 | 7.3 — 4,508,933 + 5.3 4.663,054 4,0427404 j 0.1 30,729,648 29,912,720 + 2.7 85,819,002 85,921,782 21,822,753 20,569,373 + 6.1 61,066,208 57,300.308 + 6.6 + — — 5,660,115 5,191,000,000 16,506,143 Scranton Wilkes-Barre York 1 5,456.630 + 3.7 15,545,417 15,140,160 + 2.3 13,694,000,000 13,721,000,000 15.473,668 + 6.7 44,186.334 42,904,649 29,325.772 — 3.8 79,033,849 83,999.888 14,466,696 39,084,504 * * 5.075,000,000 28,218,823 v; Lebanon. 13,430,534 + 42,522,500 37,254,426 + 31,723.889 + 23.2 102,446,792 85.838,134 Hazelton * 7.7 3.6 — 16,267,795 165,878,504 cities* - 57,416.564 + 3.7 5,366,875,818 + 2,4 1,065,000,000 2,413,213 3,566,621 2.6 6,717,672 8,156,536 2,368.553 + 31.9 2,950,056 3,552,422 6,0.94,572 + 47.0 5,884,565 7,093,350 3,970,578 5,740,692 5,593,657 14.1 3,123,722 8,960,285 8.6 — 9.2 — • _ . — - — V — ± Z.W - ; f - — ——.4 14,031,484 13,686.133 + 2.5 9,267,312 11,552,633 137,870.969 5.2 9,000,592 8,784,715 + 2.5 6,336,191 9,381,955 14,515,308,394 14,516,755,462 1.3 + + 0.1 1,092,997,086 + 187,243,897 914,004,236 1,116,807,992 + 3.6 12,190,812 7,156,683 + 3.8 218,846,401 223,240,494 190,505,315 188,699,183 2.5 386,504,528 380,783,643 402,401.745 8.6 41,827,000 48,277,800 346,331,557 39,790,600 29.3 7,968,879 6.380,341 7,885,184 8,683,584 9,636,349 6,592,555 2.6 8,770,474 9,363,623 335,148,281 327,561,426 + 2.3 351,967,035 336,555,552 1,010,371,885 1,005,339,979 + 0.5 950,694,863 996,584,872 145,010,172 5,495,058,666 871,000,000 + 1,137,000.000 3.063,817 + 22.8 168.010,323 58,582.424 59.515,230 J — —22.8 1,039,000,000 5.9 + 19.4 17,921,236 4.3 + 5,778,928 61,208,040 — —— 3.0 + 7.4 — — — 4,747,787 2.0 — — 3,121.870 3,832,429 + 74.7 1,078,382 1,884,360 5,987,133 Du Bois Delaware—Wilmington New Jersey—Trenton 1,681,904 2.7 Harrisburg Philadelphia_ Reading ., District—Philadelphia- — a— 17,366,870 8.1 + 14.8 6.133,750 Bethlehem 24,971,363 '' 17,436734 + 15,489,404 92,692,841 49,410,745,516 Chester — 28,029,137 2.9 81,128,448 Pennsylvania—Altoona <15 + 292,138,867 _________ Third Federal Reserve Total 24,857,632 17,030,029 cities)- Lancaster 2,281,533 8,252,147,163 7,759,943,743 106,418,010 — Jersey—Newark—_ 2,099,934 2,145,504 8,763.167,541 29,639,637 131,187,853,079 + 13.2 ^.Northern New Jersey 3,505,647 99,263.097 2,227,778 0.7 9.5 + 14.5 127,391,994 Connecticut—Stamford 1.6 6.1 — 14.4 1,931,105 41,688,784,591 Syracuse 3,781,172 90,926,670 0.1 + — 52,690,996 18,395,355 + 1,918,035 9,438,221,995 144.268,982 New 2,573,471 9.3 47,722,820,558 _______ 96,642,253 2,415,501 + 14.4 — York Ulica 3,999,856 95,084,464 9.8 — 4,004,583 0.8 — + 14.7 ' — Rochester New 15.531,957 17,817.518 —10.1 457,833,418 411,473,089 8.9 — 547,282,122 Binghamton • /"St * ' » New v — - 7.9 — Fourth Federal Reserve District—Cleveland- ■+ 7.6 115.040.381 111,087,877 1,138,693,867 1,101,967,426 + 3.3 3,188,912,802 3,070,989,526 1,995,774.260 2,049,894,792 — —-— 2.6 5,620,739,009 5,762,813,740 ________ 219,359,500 202,958,900 11,503,722 13,048,057 5,699,215 Ohio—Canton 6,268,326 : Cleveland ___■ Columbus — Hamilton . >"! . Lorain 38,886,871 41,849,616 _— Cincinnati ;■ — 8.1 597,510,100 549,961,400 —11.9 33,583,500 33,644,409 9.1 16,184,191 17,393.773 + 28.9 6.6 112,424,457 127,375,479 130,753,910 4.7 89,485,358 93,038,370 4.1 373.145.382 10,562,301 388,500,941 + — Mansfield ' 38,119,369 29,574,754 44,266,114 47,370,164 —■ Youngstown ' 31,526,959 33,070,255 — Newark Toledo _________ __________ Greensburg 2,542,137 1—_______— 3.5 — 2,728,942 1,782,927,946 1,787.490,737 . Pittsburgh — 3,619,424 3,493,793 Coun ty___ _ Pennsyl va nia—Beaver 135.418,588 129,924,312 — + 6,891,981 30,102,834 + 0.7 85,230,624 21,365,770 + 7.0 67,102,197 —11.0 Kentucky—Lexington 23,323,176 22,391,437 + 15,098,341 19,231,453 5,537,271,322 5,545,388,730 city "777777II-I77-I-7Z— Total cities).— (17 — 4.2 102.273,668 51.068,439 0.2 15,360,333,299 + 15,604,763,442 2.3 — 58,790,218 - 1.8 — 107,085,513 -21.5 5.2 — 65,619,751 Vest Virginia—Wheeling™ 2.0 — 86,823,171 22.865,502 4.0 — 5,022,790,893 39303,493 oil 3.3 — 7,744,494 4,762,803,430 43,072,300 7.0 — 10,780,589 6.8 v 0.2 — — 86,944,867 0.3 — — + 10,112,122 6,737.327 4.5 —13.1 1.6 — Fifth Federal Reserve District—Richmond—• 47,707,747 45,734,484 Carolina—Charleston—____ Columbia + 80,815,000 + 1.5 221,993,000 232,782,000 776,829,616 + 2.2 2,124,726,978 2,191,028,417 73,929,939 15,335,280 Richmond South 1.6 15,098,215 82,026,000 793,737,625 Virginia—Huntington Virginia—Norfolk West —- — 56,366,381 0.9 24,573,821 24,341,014 71,441,275 + 7.2 155,364,107 0.7 3,731,556,922 3,755,286,482 1,372,490,806 1,382,535.516 5,482,743 6,210,015 11.7 14,744,192 506,185,713 464,663,921 + 8.9 1,353,252,902 1,331,024,475 2,866,010,272 2,793,284,911 + 2.6 7,718,813,860 7,807,942,261 2.2 332,684,709 1,420,755,470 Total citiesi— (8 Sixth Federal Reserve 17,331,000 142,463,902 152,613,297 3.4 5,241,273 1.4 — 5,610,129 3.2 — 4.2 — 3.849,189 - 3,496,571 18,051,000 13,529,000 140,436,016 ■ 6.7 — 131,066,039 6.6 5,196,153 4,623,066 18.4 288,931,120 261,002,772 r- i — 0.6 — 18,576,204 District of Columbia—Washington Frederick 3,637,873 16,608,000 3.0 ' ———— Maryland—Baltimore 3,519,648 4.6 — 157,606,997 vl + 52,603,517 , 4.1 — — — 295,772,747 —20.6 —— — 249,899,442 — — — — 1.7 — 112,614,405 96,852,989 1.1 + + 576,219,975 525,944,730 + 16.3 101,957,586 110,99+331 9.6 558,421,064 524,711,779 + District—Atlanta— " 103,817,039 Nashville Georgia—Atlanta 429,513,701 1.485,500,000 — 106,129,136 > 468,702.727 Tennessee—Knoxville 1,491,200,000 Augusta 22,167,537 Columbus 1 — 21,940,180 9.1 0.4 3,971.800.000 63,679,798 90.113,713 1.7 60,509,139 66,836,705 — % 3.0 + + 14)3 4,095,700,000 —26.3 30.088,077 21,576,099 323.090.284 +242,612.624 + — 18,511,205 23,770,2|00 82,044,914 90,798,758 288,800.000 300,900,000 , - 3.0 —29.3 5.692,021 6,783,672 — 9.4 — — ——— — 20,236,874 19,048,791 + 6.2 56,662,065 54,709,637 + 3.6 5,322,498 4,558,710 771,138,101 48,540,494 702,604,781 + 9.3 2,163,168,060 2,029,865,363 + 6.6 116,999,329 147,502,039 45,330.293 + 7.1 147,575,126 142,871,602 + 3.3 717,018,278 680,437,677 + 5.4 3,920,069,325 1,994,002,115 Mobile 46,185,636 38,606,739 + 19.6 122,432,264 111,944,549 Montgomery 20,117,234 20,586,035 2.3 57,485,902 59,354,575 22,346.000 21,577,000 3.6 64,436,000 64,008,000 43,348,596 50,073,787 —13.4 125,974,913 6,942,464 7,307,438 5.0 20.257,361 156,120,891 22,205,863 2,385,945 2,159,784 + 10.5 7,078,899 6,926,193 + 2.2 554.141 592,603 807,953,696 745,438,595 2,192,852,756 2,094,211,453 + 4.7 150,273,053 135.773,612 1.4 851,665,506 900,319,104 + 11.3 2,333,694 1,922,585 13,492,493 77914*,638 Macon "Florida—Jacksonville Tampa Alabama—Birmingham ^Mississippi—Hattiesburg .Jackson Meridian : Vicksburg Orleans Louisiana—New — + — + 8.4 , — — — — — 3.7 + 144.040.439 180,862,385 9.4 — 9,427,906 8,777,125 3.2 — 20.008,440 | 77,709,978 86,542,663 285,500,000 7,594,381 275,400,000 ] 7,262,546 j —16.1 _ 16.8 5,098^380 5,1457425 0.3 111,082,870 121,958,799 —20.4 146^6+605 116,881,722 7.4 8.490,172 7,178,800 + — — — + > ——— ——- —19.3 ———— 8.8 — 19,072.816 9.6 4.0 — — — —— 0.7 + —22.1 — — — — — 6.5 571,773 547,659 + 10.7 139,086,936 125,765,598 800,276,911 766,691,652 1,673,305 +698,032 12,280,783 11,974,747 13,876,603 7,¥2*87477 67565*328 7746*67150 — 1 Seventh Federal Reserve Detroit Grand Rapids %Jackson 8,875,892 + 2.2 29,570,885 + 0.3 7,840,391,104 27,734,389 + 18.2 94,947,292 62.558,475 57,503,831 + 8.8 186,589,173 0.7 + 5.0 + 1.1 37,621,160 37,372,302 + 0.1 105,524,148 100,450,216 16,710,270 + 3.6 51,724,765 51,444,763 + 0.5 10,978,493 + 4.4 33,451,949 32,306,189 + 3.5 1 < 36,869,503 + 4.0 7,707,041 + 12.8 8,406,139 6,315,661 + 2.9 104,731,969 225,777,251 8.693,564 77,113,745 221,565,287 + 1.9 + 11.9 908,692,023 870,655,615 + 4.4 64,430,000 57.940,000 + 11.2 6176427000 66426000 42,609,294 —16.0 —18.1 7.823,437 10.336.738 —24.3 10,226,788 9,614,558 3,317,523 3,456,881 4.0 4,451,049 3,349,873 112,060,822 107,168,775 4.6 91,*1987658 89,24*i7341 35,794,842 6.3 105,108,064 128,266,556 13,640,924 + 8.1 42,785,219 42,050,676 +- 1.7 34,860,725 + 0.3 93,552,907 90,895,451 + 2.9 560.339,033 558,751,541 + 0.3 1,454,355,516 + 3.1 5,975,018 " 6,696,624 11,103.387 10,100,110 ' 1,791,021 1,711,197 —10.8 17,364,016 1,410,903,902 18,765,312 + 9.9 31,743,675 29,507,955 + 4.7 4,773,089 5,204,598 3,478,995 rAjnes — Xttfnois—Aurora Bloom ingtop 163,960,526 66,010,195 60,804,642 + 3,f62,847 —— 20,980,567 182,116,579 —T- 3,746,604 23,003,558 — fcbjea—Cedar Rapids.-— City— — 14,740,897 — Moines 111,754,181 / 34,977,671 Watertown 3,055,186 + 7.2 — + — — + 7.5 7.6 8.3 9,247,340 10,752,147 64.816,017 61,354,282 + 5.6 5,046,621 4,930,027 4,715,988 + 11.1 489,134,665 463,314,443 + 5.6 40,748,675 34.575,297 33,561,907 4,929,402 33,032,354 8.6 190.477,734 179,340,191 + 6.2 14,313,220 15,123,749 15.386,387 16,657,140 3.5 9,151,588 8,397,476 + 9.0 26,687,136 + 3.6 — + 9.6T ' —14.0 j . * " 9,467^797 9,819,817 + 27,646,944 3.7 +12.8 20,124,758 7,034,600 - 4,283,134,992 + 0i6 19,522,811 + 1.5 62,954,541 60,907,300 59,347,625 + 2.6 166,211,129 100,500,553 • , Springfield Sterling Total (31 cities)—. v 11,681,776.300 19,821,555 ,_r_ 6,236,297 4,306,763,948 L 8.3 + 12,165,714 286,075,219 — Sheboygan , + 172,341,205 + 21.4 79,334,574 Oshkosh . •' 14.1 34,847,391 38,336,218 — BendHaute Milwaukee Des + 11,460,380 Wisconsin—Madison Sioux 5.4 320,004,ioa 4 Manitowoc — 2.8 — 17,305,957 Indianapolis South 26,557,375 8,068,764,363 83,192,171 , 12,298.659 —— Gary Terre + 34,864.879 — Bay City — Indiana—Fort Wayne- - 12,554,573,567 12,727,481,787 2,953,963,553 —•—--- —— Muskegon 4.4 9.074 934. Lansing _ + 2,962,526,000 32.792,206 —— ..Flint ; • District—Chicago- Arbor- Michigan—Ann 4,412,042,014 4,607,976,770 (16 cities)— Total 38,622,361 35,535,289 22,554,085i — 8.0 13.9 - 63,979,766 17,840,760 11,801,880,80? 54,264,254 V. 164,326,767 113,659,402 *' 56,169,531 +12.8 1,448,403 1,540,068 1.0 892,047,996 1,006,340,460 + 16.0 4,540,836 4,135,172 1,100,479 639,131,491 3,135,873 1,439,254 835,739,454 4,155,185 12,356,695 13,896.202 9,388,016 6,505,045 4,863,724 3,429,436 13,381,887 7,900,7184,138,516 — 1.2 12,868,392 —11.6 9,616,143 13.6 4;704,472 + 19.800,215 + 2,480,403 2,419,489 + 2.5 6,084,764 7,649,262 —10.0 8,987,967,424 8,882,307,527 + 1.2 24,261,610,304 24,467,634,570 0.8 , - ~ + 1,205,400,929 - 1,301,894,488 7.4 917,000)822 " +118,356,129 74, Volume 179 Number 5317...The Commercial and Financial Chronicle (1763) ■ Clearings at—* —Month of March ■ 1954 < —January 1 to March 31Inc. or 1953 1954 1953 $ $ Dec. % $ Inc. or Week Ended April 10- 1954 Dec. </o 47 1953 $ Inc. $ or 1952 1951 $ % Dec. rU Eighth Federal Reserve District—St. Louis— Missouri—St. Louis 5.1 4,281,249,803 4,129,404,477 + 3.7 13,867,831 + 2.8 41,201,296 42,058,956 -— 2.0 2,388,045 + 9.4 7,444,997 7,228,761 + 3.0 753,668,300 706,896,923 + 6.6 2,185,792,493 2,148,188,199 + Tennessee—Memphis 525,373,938 520,711,796 0.9 1,500,193,029 1,520,449,889 Illinois—Jacksonville 2,501,401 2,125,854 +17,7 7,306,051 6,098,158 10,510,056 11,045,459 2,868,433,874 2,740,532,514 1,559,513,018 Girardeau,— Independence Kentucky—Louisville Quincy 2,612,247 —— . Total (7 cities) •y Ninth Federal Reserve 30,712,472 8,360,187 585,084,988 4.7 8,052,031,408 — 5.0 271,600,000 290,900,00ft 142,264,620 108,960,267 132,246,014 128,527,842 89,783,601 104,834,621 —— — — 2,431,310 2^623^838 i,87~8~446 2,284,283 2.1 + 1.4 85,814,864 89,309,078 6.7 4,103,186,666 + + 8.0 24,892,567 3,884,364,395 22,041,263 545,756,953 537,948,725 495,508,061 526,546,745 + 12.8 ■V 5,958.601 284,655,373 1,546,967,363 1,441,686,704 + 250,266,829 ioSJouIS 97,690,556 6,142,208 3,728,761 ■ . + 8.5 11,670,294 11,081,813 + 17.8 3,843,186 30,234,723 100,280,519 4,255,000 — 3 3 12,828,000 13,573,000 4,836,685 4,793,867 + 0.9 14,549,692 14,617,244 16,024,665 15,336,855 + 4.5 47,501,968 46,518,282 28,026,422 Dakota—Aberdeen Falls L 25,516,796 Huron + 11.5 :l 9.8 + Falls 3,235,368 + 2.6 9,991,115 + 0.9 61,550,405 15,763,320 14,270,201 53,586,032 1,325,772 1,392,398 2,323,686,880 2,156,551,715 Lewistown Total (16 cities) Tenth Federal Reserve District—Kansas Nebraska—Fremont + 10.5 47,993,497 5.6 144,361,678 — 4.8 + ' + ' ' 6.8 6,795,660 273,467,293 94,~6lj~7~713 97.849,212 6,969,657 5,408.850 7.107,179 3,649,483 3,240.588 3,516,685 2.1 9,4 + 3.0 + 3.3 + " 8.6 4,485,782 4,685,043 5,021,615 4,420,409 4,383,800 11,067,791 10J551~760 10,~8~4~3~455 10,421~515 426,038,890 8.4 — 380,922,626 375,439,904 403,571,34* 6.6 ■— 5,973,072,398 + 12.4 0.5 + : * 5.5 + ■: 44,212,509 6,303,765,130 6,453,514 250,409,375 5.4 — 157,557,426 4,189,303 7.7 — 6,672,726 8.7 — . 59,567,294 50,582,524 ! + 9,699,029 20,967,841 7,3 + ■, 76,905,951 84,144,013 3,318,353 21,150,549 — 5.6 + 12.9 93,915,876 4,115,000 3.9 — 3,536,752 33,719,047 _ 96,955,330 + 8.5 — + — 1,146,309 Forks Helena 147,970,313 1.3 7,884,948,968 3,868,744 1 Great 284,100,000 1.8 + 19.8 31,520,528 4,195,847 Montana—Billings ! 28,843,739 1,350,223 Falls Minot 298,400,000 - ' 4.9 + {>18,860,378 Winona Fergus Sioux + 7,739,275 — North Dakota—Fargo South . — 1,420,198,960 Paul Grand + 31,148,968 1,515,120,826 —: Rochester St. . District—Minneapolis- Minnesota—Duluth Minneapolis 1,483,496,606 14,254,914 Cape 5.5 + + 11.8 City- 4,153,392 3,972,540 + 4.6 12,206,340 12,217,571 0.1 967,668 + ~6~4 118^322,344 117,395~233 1,063,481 793,601 42,412,513 39,8~65~922 702,723 Lincoln +- 0.8 666,130 8,848,310 620,715 8,674,137 Omaha 767,940,910 697,655,693 + 10.1 2,043,966,901 1,948,093,307 + 4.9 8,207,706 139,435,892 8.585,567 135,965,244 2,902,906 2,815,787 131,066,807 147,927,244 2,121,552 2,438,975 , — Hastings Kansas—Manhattan Parsons Topeka Kansas St. 8,268,747 8,636,760 6,762,343 7,326,025 + —4. 3 43,708,091 39,728,759 + 10.0 119,500,383 110,076,121 + 8.6 9,047,558 93,738,222 + 8.7 279,753,522 280,286,532 — 0.2 21,086,370 4,386,128 4,047,602 + 8.4 12,898,282 12,328,619 + 4.6 1,694,528,990 City 1,660,837,235 + 2.0 4,548,961,187 4,636,520,128 Joseph 49,399,212 54,124,498 ' Carthage 1,538,343 211.630.496 18,731,585 686,937.315 661.224.497 13,830,609 Colorado—Colorado 14,759,370 3,676,131,258 Springs 3,500,287,592 ' Denver Pueblo Total cities) (15 9.6 + 1,628,047 236,920,543 Oklahoma—Tulsa 155,860,656 + 7,054,324 648,555,174 + 13.2 16,545,235 49,575,902 1,815,435,562 9,899,556,676 9,784,655,760 5.0 9,656,268 18,375.027 17,645,480 — 314,522,356 12,149,815 8,701,595 0.7 or ^08,472,449 332,209,560 5.5 11,463,752 12,430,821 — 5.1 + 41,375,745 + 11,475,680 + 1,758,655,935 39,591,865 + 13.0 + + 13.5 46,640,588 3,9 6.3 + — 314r06~3~263 3.7 + 6,215,105 681,398,318 8,008,511 20,936,873 j 1.9 — 150,332,917 5.5 12.0 — 764,41* 7.7 — 101,893,878 . Wichita .Missouri—Joplin • 3.1 —13.0 887,390 6.3 4,117,968 3,952,170 3.2 +" 4~2 + — 4.3 37340,508 57928,690 —15.0 1.2 513,085,940 509,994,873 + 9,053,018 9,038,685 + 3,533,23r : : 3,321,558 3,040,206 3,227,925 0.6 4+4,420,301 536,389,562 + 0.2 9,366.322 9,251,525 Eleventh Federal Reserve District—Dallasv> Texas—Austin 39,735,368 20,651,955 1,681,224,160 Dallas 22,566,152 El Paso 1,463,456,875 Wichita 0.6 85,276,000 4,111,404,401 22,217,407 79,362,550 75,502,943 25,742,681 Falls Texarkana 54,898,849 49,173,800 . 7.4 307,630,781 307,994,717 + 1.5 30,037,583 5,548,000 31,365,305 8,947,000 10,848,000 6,045,000 —38.0 ' 6.6 ■ 19,780,938 24,120,302 149,020,722 + 2.6 10,325,656,895 10,297,856,156 ■ 5.1 + 162,289,714 + + + 28,132,931 0.6 - 23,793,038 +H.6 3,540,503,107 3,633,723,249 cities)— (11 316,331,053 287564,064 10.7 + —16.2 yy ' Total • 9.6 + 8,183,512 6,856,752 Louisiana—Shreveport 0.6 339,848,339 2.5 4,137,531,469 + — v- 0.6 87,423,000 1.6 2,5 396,826,718 + 7,719,812 393,257,351 - 547,138,953 5.1 1,440.156,900 28,208,701 - Arthur -4,667,963,337 V 488,784,514 + 28,562,000 7,677,429 Houston 10.4 —10.4 185,090,059 28,747,000 7.7 69,214,089 62,005,364 4,785,104,024 5.3 + r 119,321,585 110,174,632 8.5 — 129,794,661 Galveston Port 1,597,017,301 165,788,958 136,477,202 Worth Ft. —14.5 46,496,229 — Beaumont 4,368,578 5,452,401 ll7701,997 127276.659 399,083,996 380,178,729 + 1. 0.3 ■ —19.9 5,551,615 5,645,159 ii 11,845,032 18.0 8.9 ■ y-4» 7^81,921 5.0 371,016,222 372,146,798 Twelfth Federal Reserve District—San Francisco— Idaho—Boise Lake + 1.2 7.1 140,735,531 5,319,440 4,459,194 + 19.3 4,280.189 3.3 100,490,641 100,442,904 + 0.1 134,812,456 4,424,681 134,815,238 166,667,308 —19.1 152,906,820 154,920,088 51,523,474 65,909,500 —21.8 58,305,547 64,926,99t> 10,992,000 —16.4 25,336.000 30,636,000 —17.3 —11.5 1,896,064,872 2,132,435,438 —11.1 12,165,156 + 38.8 48,402,075 44,270,202 350.449,833 5.0 919,876,912 987,567,494 + 35.1 380,891,158 304,240,394 — 95,389,380 38,408,894 38.851,266 - 35,082,891 Pasadena 33,994,320 « . 1.1 + 120,377,508 99,776,728 262,009,325 87,515,098 21,402,520 + 10.1 + 11.5 66,295,406 + 4.9 184,531,607 14,672,873 14,634.913 + 0.3 43,631,254 44,326,948 2,475,091,342 + 2.5 6,700,185,570 71,758,045 67,513,035 + 6.3'+ 202,203,009 6,710,628,659 201,415,376 22,197,175 4:13.6 70,111,567 68,713,469 41,601,948 44,828,850 —— San Francisco Jose — Barbara —. — i . 7.2 115,392,089 4,934,977,055 + 0.4 13,327,961,234 8.0 267,407,375,649 48,766,497,266 + 2.5 136,219,522,570 17,988,050 13,522,918 5.0 14,449,614 1.6 1 466,552,712 484.399,997 + 0.4 17,132,453 + 2.0 6,118,711 9.2 9,770,919 11,763,159 2.0 871,363,948 12,746,326 17,881,537,749 17,799,87? 1 13,234,312 8,443,315,754 3.7 457,385.692 + 17.7 13,661,044 14,357.721 8.6 4,876,430 9,781,003 10,202,175 —16.3 16,876,943,272 0.1 • + 929,897,160 6.6 + 136,113,211,924 : 14,554,025 , + 8,624,796,109 — 16,165,933 6.4 — 5,636,658 — V + 14.8 — v.: 0.2 — 250,783,025,430 - 20,653,477 1.8 + — 13,597,236,006 + 5.9 + ' v— 127,025,263 90,455,281,857 49,980,051,679 + f Estimated. -+ 4,955,006,019 (181 cities) Outside New York 247,293,182 97,702,872,237 (19 cities) Grand Total 1 3.9 + 194,130,250 25,219,273 Riverside 4.5 — 65,091,360 63,068,964 6.9 + 25.2 96,036,007 66,149,288 — 9.3 + — 126,101,258 3.2 f— i 2,536,749,182 _— Stockton — 778,354,012 96,396,136 — Modesto Total + 2,045,797,674 23,859,809 Long Beach .... 144,159,655 + 32,583,003 128,890,603 ... Berkeley Santa 145,954,606 53,633,573 1 . 332,852,265 City Arizona—Phoenix San 1.5 57,436,268 9,186,000 — ■California—Bakersfield ' 2,015,247,044 689.100,091 — Portland Utah—Ogden I 0.8 6.1 16.887,517 Oregon—Eugene Salt + 12.9 19,702,201 + + 6,242.807 20,050,818 33,657,196 Yakima 759,652,563 21,269,877 „—.— Seattle 17,450,555 + 18.3 7,386,882 765,877,249 Washington—Bellingham — + — 531,406,925 5,377,379 6.3 870,844.515 951,512,612 6.0 16,369,830,819 16,092,788,40+ 2.1 7,606,663,278 8,332.844,6^6 ■< Liabilities— Statement of Condition of the Twelve Federal notes Reserve 25,515,944 accts._ 19,292,657 + account 638,909 + 24,006 — — — 18,454 Condition Statement of Member Banks Deposits: Federal Reserve Banks Combined Member U. (In thousands of dollars)' , i. . , 1954 20.404,102 certificates Gold fund Redemption notes Apr. 7, 1954 Apr. 14, , for —— 1953 Other gold cash ctf. 874,501 <- _—— — advances Discounts and Industrial 21,278,603 384,840 reserves — 4.475 170,870 1,321 loans U. — + 224,000 116,335 — — — 19'^oo 6,422 170 — + deposits Deferred —4 Other — — Bills , items— 3,584,333 + 774,867 19,368 cash avail, 20,753,727 liabilities and Notes . 697,491 + 1,245 49,873,377 + 1,396,221 1,055,475 — 3,641,150 — bought outright.under repurchase Held agreement + 24,632,337 744,650 880,825 U. — — — S. Govt, —- + 24,632,337 securities 15,000 Capital liabilities paid Surplus Total and 24,804,528 securities. foreign banks..— loans — 6,592 + — Due from R. notes Uncollected 22 cash items 137,064 828,020 : Bank Other premises assets Z Total assets 52,979 ..161,226 __1_—— - 71 9,0.14 .51,002,913 + 807,872 banks 126,733 deposits, and increases of $564 million in demand de¬ posits adjusted and $486 million in borrowings. — + — — + 1,262 437,885 111,498 - 13b» + 6.265 51,002,913 + 13,458 46,337 27,543 206,450 + + accounts 807,872 (Section capital 107 270,530 625,013 7) — 5,624 liabilities Total and capi¬ accounts of serves gold — to certificate 389,714 re¬ deposit and F. R., 1 383,532 3,332 23.342 389,714 banks and note liabilities Contingent ceptances foreign Industrial combined- liability on purchased 46.0'/* + 0.1'k ac¬ for correspondents loan commitments 16.424 2,863 + — .1,942 28 — + 14,471 29 $410 of and million in holdings of Treasury bills; million in balances with domestic million in United States Government $445 $491 Commercial, $49 industrial, and agricultural loans de¬ million at all reporting member banks; changes according to industry release, 811,221 20,723 3,211 4,183,651 1 of, other banks._ the following principal changes for the week April 7: Increases of $431 million in loans to 293,960 ( in iSection Surplus Ratio F. ended — 826,221 " shows 152,830 V tal Total 105,155 The condition statement of weekly reporting member the Federal Reserve System in leading cities banks of creased Total Other Total 297,784 + 801,500 +■ 2,232 + — 13,029,021 _ Bonds —— — 639,419 30,719 + 1,910,975 6,051,191 — — + accrued Capital Accounts— - Certificates 49,394 — Bought outright— , 21,760 18,231 — 107,665 securities: Government S. . 526 + — — 20,927 68,458 decreases Total dividends Total 352,869 1 Apr. 15, » 5,001 469,292 — Other F. R. — . + bank—res. Treas.—gen, Foreign Inc. ( + ) or Dec. (—) since Assets— S. appear "Other" loans decreased in another press $78 million. Holdings of Treasury bills increased $178 million in Chicago, $118 million in New York City, and by smaller in most of the other districts. Holdings of Treasury certificates of indebtedness increased $111 million in Chicago and a total of $130 million at all re¬ porting member banks. Holdings of United States Gov¬ ernment bonds increased $95 million in the Chicago District and $50 million in the San Francisco District, but they decreased $43 million in the Cleveland District; the net increase at all reporting member banks was $136 million. Holdings of "other" securities increased $52million in New York City, $51 million in the San Fran¬ cisco District, and a total of $142 million at all reporting amounts member banks. Demand ' deposits adjusted increased $905 million in 48 The Commercial and Financial Chronicle (1764) ... Monday, April 19, 1954 '• Per Foreign Exchange Rates Name of Company Pursuant to the requirement of Section 522 of the Tariff Act of EXCHANGE RATES CERTIFIED BY APRIL FEDERAL 1954 9, the on 5% different RESERVE BANK 15, 1954, TO TREASURY UNDER Fire Association TARIFF ACT OF 1930 Bros. 5%% of pfd. Buying Rate for Cable Transfers in New York (Value in United States Money) (Robert) 5-18 4-30 62+2c 5-28 5-18 683/4C 5-28 5-18 55c 6-16 5-14 5- 1 4-23 $0.215625 5- 1 87+2C 5- 1 4-15 37+2c 6-10 5-20 31c 6-10 5-14 50c 7- I Monday Argentina peso— Apr. 13 Apr. 14 $ Apr. J5— .200000* .200000* .200000* .133333* .133333* .133333* .0719820* —— Australia, .200000* .133333* .133333* $ pound 2.245019 Austria, schilling .0719820* 2.245019 $ $ (quar.) Co. _ (quar.) (quar.)— _ Griscom-Russell 2.245766 2.245766 6% .0385802* .0385802* .0198375 .0198500 .0198500 .0198437 .0428082*t .0428082*$ .0428082*$ .0428082*$ .0352609*$ .0352609*$ .0352609*$ .0352609*$ .0352609*$ .326900 Belgium, franc .0385802* Basic _____________ British Malaysia, Canada, ________— Malayan dollar ___ .326900 .326900 .326900 .326300 dollar 1.021328 1.019746 1.018906 .210800 .210809 .210800 Ceylon, rupee Finland, markka France Germany, Deutsch Mark India, Dominion of, rupee. Ireland, pound Mexico, peso .210833 .210833 .210866 2.817812 2.818437 .116076 .116076 .116076 .264100 .264100 .264125 .264100 _ 2.789603 i 2.789913 .496766* .0349000 .193330* .193330* conv. Hooker 2.790532 .140080* .140080* .496766* .496766* .496766* .0349000 .0349000 .0349000 .193330* .193330* Cons. Gold preferred .233100 .233100 2.807907 2.807907 Indiana 2.817812 2.818437 2.818437 4.80% preferred 4.80% preferred reporting ENTIRE ISSUE 5- 1 6- 1 6- (quar.)___ 50c 5-28 5- Company and Issue— Date Detroit Edison Co. 37/«% due 1988 Foote Mineral Co., Pittsburgh 1st & 4% West mortgage 6-25 6-" Telephone, —May May this 1 (quar.) series A 5 1611 1 1374 Jun i; 1 1954 1953 1954 investments—total 79,078 Loans—net industrial, and loans 213 + 22 213 + 52 22,'714 to brokers chasing Other + + agricultural and dealers carrying or loans for for — 49 — — 82 — 27 securities Real 828 estate loans Other loans Cash 352 431 + 213 78 + 66 — 668 + +1,782 2,486 + 410 + 634 2,867 + 130 + 709 4,641 bonds in 31 + 31,518 8 —- —1,208 21,524 + 136 +1,64.7 8,030 + 142 + 392 14,006 + 16 — 314 2 — securities Reserves with + 10 + 7,747 ...— U. 3. Other 19 + 672 .____—____ _.— Government securities—total Treasury bills Treasury certificates of indebtedness Treasury notes y ■ — 6,532 Loans to banks...!.. U. S. Federal Reserve Banks vault.. 886 Balances with' domestic banks + 2,547 — 445 38 256 + Liabilities— Demand deposits adjusted deposits U. 52,376 Government deposits S. Interbank table in which except Goverment demand 3,536 564 + 20,204 . 91 + • 347 — +2,015 — 491 + 290 — 135 + 525 deposits: Domestic banks 10,403 1,269 . + 42 647 + 486 . 59 — 430 '— Canton Aluminum $3.75 Co. American Iron $1.10 preferred and including stocks bonds, notes, redemption, PARTIAL REDEMPTION Company and Issue— Date Page Alabama Gas Corp.— 1st mortgage 3+2% bonds, series C, due 1971 due Southern RR. 1967 1st mtge. 3+4% May 1 1473 1369 bonds 4%% Western Indiana 6-21 1st collat. trust mtge. Banco De & Blue Ribbon Ridge Co. Fort Worth & Denver mortgage Transfer Co., Mississippi Power Co., Morrell due A, due 1982__May Farms Co., Southern Union Gas 1st mtge. 3%% 3%% bonds Insurance (l/9th sh. preferred class A bds., Divco due 1 * 1371 1 Culver Corp. 1613 1482 debs., due & B, due 1976 bonds, due 1960 5-14 6- 1 5-20 4-22 4-15 3 6- 1 6- 1 5- 3 4- 6-30 5-27 5- 6-25 6- 1 1 37+2C 5-31 6-15 6- 7 6- Corp., 1 5-15 Ltd.— partic. $6 preferred B $7 1 1484 1 1484 1971_kay 1 1484 Empire Millwork Corp. (accum.) Empire District Electric, 5# 1 1616 Farmer 1616 Fate-Root-Heath Brothers class A (accum.) Co. 4-23 6- 1 5-15 lOo '4-23 4-20 4-23 4-20 (quar.) (quar.) C.) Co. Dairy Lead Securities stock' series. St4el Process York Co Air Central Brake Co. Oil Texas 2 6- 7- 2 6x 6- 37+zC preferred 15c 6-10 5-20 31+4C 6-10 5-20 75c 6-10 5-18 $1.75 6-15 5-21 17c 5-15 4-30 8c 5-15 4-30 1 4-19 15c Co. 5-15 5- 3 18c 5- 1 4-16 50c 5- 1 4-19 40c 6- 1 25c 6-10 5-20 (quar.)—_ 40c 6-10 5-24 _______ 50c 7- 1 6-21 37Vhc 6-19 5-28 34%c 6-19 (quar.) : (quar.)____ (quar.) (quar.) Gas 5- 20c (quar.) Investment, 6% pfd. preferred Co., 5-14 5-28 10c 5- 1 4- 20c 8- 1 6-22 $0.13764 5- 1 4- (quar.)_ $1.25 (Clias. F.$ Coj, common-—_—$1 preferred (quar.)__"_—I 22%c 8- 1. common ___!_________i—___ , preferred (initial) ; preferred — ______ Coal Ben Corp 10c ___ preferred preferred Co., Electric, 5%% & $5 preferred 90c $1.10 preferred (quar.) * redeemable 1st preferred 5% redeemable 1st preferred 1st,preferred (quar.) 4.80% redeemable Drilling Co. National (quar.) A (quar.)__ :—_— 1st preferred (quar.)__*_ of Canada, Ltd Bank (Bklyn.j Procter & Ltd.____ Gamble .'____ (quar.) 4-21 1 4-28 5- 4-22 6- 1 4-17 5- 1 6-10 5rl5 6- 1 5-15 6- 1 6- 5-15 1 5-15 5-15 4-26 34%c 5-15 4-26 31+4C 5-15 4-26 31+4C 5-15 4-26 31%c 5-15 4-26 30c 5-15 4-26 $15c 1 4-15 40c 5t 1 4-13 4-30 4-30 4-23 5- 4-16 $40c 5- 1 4-23 65c Fund, Randall CO'.' 4 Reed 4-30 4-20 Richmond, Fredericksburg Roller (quar.} Bit Co. 4-23 4-26 4-20 5- 1 4-20 6-10 5-28 37%c (quar.) 6% guaranteed guaranteed 25c Potomac RR.— (s-a)__ 7% (quar.)__ Rockland 4-23 5-15 18c Inc 5-15 65c . Extra Puritan 4.65% 8 6-22 4-26 $1.25 Corp., common— preferred (quar.) Scale, 8 20c (quar.) Phillip-Jones Pneumatic $1.25 (quar.) 8%r pfd. (quar.)—37%c 5% Parker 37V2C (quar.)__ Paper 5%- $3 "_ (quar.) Gas 5% 5- — (quar.)—— Illinois 6- 6- (quar.)__ common Co. 4 4-15 7- $25c t$1.75 Corp., com. 6- 1 5- t25c L 5-14 5- 4-30 5-15 : .__ 6- 20o 6-15 1 (quar.) — 1 4-20 4-15 75c ■ .___ Fibre England Fund— 1 4-15 1 5-10 5- Shipbuilding'— 1 3 4-30 ,1 (quar,)—;j 7- 5- 5-15 7-2 $1.50 —_______________ & preferred 6- 4-26 4-30 17+2C series-—.———-— $1.50 8c 4-28 5-15 Series— $1.75 50c 5-14 5-14 $31 Vic Products, Corp. (quar.)" Co., 7% A preferred (quar.) $1.25 15c 37+2C 1 for (quar.) ^ 7- 6- 5-14 (G. (quar.)—* . pfd. (quar.) (quar.) com.__ pfd A May May 10 4-29 $$1.25 conv. Corp., 4-23 10c (quar.): 4-29 10c 1 Peoples $$8 4-20 4-10 $4.40 • (quar.) 6-15 4-29 4-15 Pacific 5-21 4-23 4-30 1 25c (quar.)__ " (quar.) Oxford 1 6- 4-30 7- 1 3 15c $3.60 4-30 5c 5-15 5- 1 6% 4 15c 37V2C 62V2c (quar.i___ Ontario & Quebec Ry. (s-a) : Otter Tali Power, common (quar.)_ 5-10 6- 6-1 1 6-16 2 Old 5-10 6- $50c 1 2 5% 3 25c 7- 7- ,5% 5-20 1 612- 7- Common 3 6- 4-21 6-15 6- 5+2% 6-11 5- 4-30 12-15 50c Northern 5 5-27 5-15 t$1.75 $2 4-15 4-15 4-15 4-20 $50c payment a (quar.) Co. North American Car '•"'4-15 1 1 (increased) B North American 5- on preferred North 1 1 preferred Ltd.. common (quar.) preferred A (quar.) National -Vulcanized 4-23 5- 5- 4-30 6-15 5c (s-a) Service— New 6-16 5- 4-19 5c RR. New 4-22 $$6 States 2nd Cgrp., 6% 6-16 — 1 15c preferred National 5-17 7",1 7-ll 5- stock. New 5- 30c Anglo Investment 1 partic. preferred Stock 4-20 7'/2C 4-19 10c $2c (semi-annual) taken was common Preferred 4-21 20c (quar.) May j_May 1 1 75c (quar.) (quar.) Empire Southern Gas. Co. f. 5- 60c (quar.) Durham-E'nders Razor Corp., Non-cum. 1 35c t (annual) preferred Eastern 6- 1 20% ___u_—i___— convertible action' Noyes (s-a) Inc. 6-15 $1.06 ; dividend) _ Gas & 5- 35c (stock (quar.) Oil National 4-30 5-15 25C Co., common (quar.) Co., Ltd. Lines, Inc. Corp. (quar.) l-Common 5-15 6- UOc held) Extra 1 1962 Glass Dobbs Houses. 5% 1373 3 series s. 15c $1 Corp. Corp. National 5-14 $1.16 : (quar.) Inc. Mines, Ltd National America sh. Varnish Delta Air 1479 1983_May debentures, due 1st mtge. 3+4% 21c 25% preferred Consumers 1157 & 8 10c (quar.) Motors Paint 6- 10c (quai\J_. (quar.)___ preferred 1 debentures, due 1958_May Co., 3%% debentures, due 1972 Ry.— 1st mortgage 4%% bonds, 50c . dividend prior 4-30 $1.12+2 Corp. of America— (increased) Stock Telephone Laminates, 2-18 15c * National Container Corp., $1.25 preferred (quar.) 4-29 5-15 50c Conlon-Moore 6% preferred Consolidated Cement Corp.— Common 5-13 75c Ltd.— of 11-18 3-10-55 Murphy (quar.) ;; each 12-10 50c :____ Motion'Picture Advertising Service 4-15 50c Co. for 50c ,, (quar.) Theatres (quar.) 7% 4-26 1 31c Columbus & Southern Ohio Electric— 4+4 % preferred (quar.) 30 May 15 Jun Equipment, Life Container 5-15 5- 10c div.) 1370 Maryland York Corp., Farm (quar.) guaranteed Morrison-Knudsen (Mass.) — . 11-18 guaranteed Boston 7% 4-19 invest¬ Corp. (quar.) (quar.) (quar.) 12-10 2-18 4% 4-14 $62+2C (quar.) (stock 4.65% 4-29 4-30 50c Y.) (quar.) (quar.) Colonial 1 May 15 May bonds, due 1983 Tennessee Gas Transmission Co., 4%% Western ; * (N. 8-18 8-18 Moore 4-20 " Trust 5-18 9-10 5-18 $3 4-20 14c net 3 5- 6-10 $1.10 $1.10 Montgomery & Erie 4-20 10c (monthly) Cook 1982 1st mtge. 3%% (John) & Co., 15-year 3% Seabrook Cocksh'utt 1 4-30 75c preferred Dominion bonds (from 5- 4-30 Service Real Estate Continental preferred stock... Georgia Power Co., 1st mtge., 3%% Minnesota 4+2 % 5-7 $1.12+2 ,___/ (quar.) 1 6- $1.10 Mississippi! Power & Light, $6 pfd. Mitchell #J. S.) Co., Ltd. (quar.) 5-11 1 $1.12+2 __ City Title Insurance Co. (N. Y.) (quar.) Clinton Foods, Inc., com. (monthly) Common (monthly) Common 9 6- 10c Chicago Corp., $3 pref. City Auto Stamping Co. 1610 Ry.—• 4%% Fund pfd. ; 9-10 the 6-18 6- 6+4C 5% 5-3 40c (quar.) 1 Moody's .investors income) 1477 1981__May 1st Mutual 1 Commercial Credit 3Junior subord. notes due 1973_Apr Firestone Tire & Rubber Co., 3% debentures due Florida Power Corp., 4.90% Corp., Ltd., 1 4- 4-20 6- 1 $20c 50c No Inc.— Andes, Amer. shares Corp. (quar.) (quar.).— Best 6-30 $4c (quar.) ________ (quar.)___ (quar.)____ (quar.)__ 12-10 40c Los Beneficial 12-20 30c Mines, Ltd 5% 1 ser. $1.25 Anderson-Prichard Oil Corp. (quar.) Anheuser-Busch, Inc. (quar.) $3 bonds, (quar.) 1947) .4-23 4-15 4-30 guaranteed $1.50 9-10 (series > 35c Midwest Piping CO;~_____!_—50c Minneapolis-Moline, $5.50 1st pfd. <quar.)__ $1.37+2 6-10 9-20 % pfd. 5-28 29c Telephone, common (quar.) ; 5%, preferred (s-a.) Michigan geamless Tube-.s—— Mid-West., Abrasive Co. <quar.)___—— 3-31 $1.25 "4% RR.— 4-15 $1.25 4 Vi 5-10 10c ,, Meadville 6-15 (quar.) preferred (accum.) Ayres (L. S.) Co. 4+2%> pfd. 5-14 6-10 Macco * 27+2 C Machines, 5-15 6-10 3-10-55 Mar-Tex 4-23 (quar.) Gold 6-10 6-15 50c 50c Macassa 5-20 l preferred May & 7- 5-20 preferred bds., due 1971_May Central Indiana Gas Co., 1st mtge. 27/8% 6-10 non-cum. Aunor 4-15 $1.00 Lunn Ltd.— preferred 6-15 5-15 (quar.) Lorain Holdert non-cum. $1,40 bonds, 1963 Chicago * bonds, due 1983—Apr 26 Atlanta & Charlotte Air Line Ry. 1st mtge. 3%% Idue -.May 15 . Alabama Power Co., 1st mtge. 4+s% 4c Quarterly ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." Great 40c inc.) (quar.) Chase National Bank list of corporate called for a common When 5% non-cum. 6-15 1 10c Extra Payable of Rec. 5% 5% 6-15 1 7- 62Vic (L.) Co., Ltd., preferred (s-a) Mclntyre Porcupine Mines, Ltd. (quar.) 93 %c net of Works— President Lines, Chain Store called under sinking fund provisions. The date indicates the redemption or last date for mak¬ A, Machine Central Vermont Public those series & (out 1 7- 15c McBrine . Shares 7- v, !quar.) '.Semi-annual (quar.) common (quar.) Century Ribbon Mills, Inc. Notices Below will be found Share America, preferred American ment Alabama of Business 82Vic Special & preferred 5 3-31 5-28 guaranteed Loew's Youngstown RR. Co.— Road plans to seek permission from ICC to split its com. stk. on a five-for-one basis American 5- 4-21 Special an¬ follow with show the payments we Burry Biscuit, $1.25 pfd. (quar.) Campbell Wyant & Cannon Foundry Redemption Galls and Sinking Fund dividends we Per Akron Blue Foreign banks Borrowings the Then previ¬ ously announced; but which have not yet reached their payment date. Avildsen Tools & Time all 1 5 6-25 (quar.) Original 6- 6- Special grouped in two separate indicate we Name of Company carrying or first during the current week. second pur- securities purchasing a the are Original 9-20 Special 583 1,676 * Loans +2,196 39,530 Commercial, . +1,023 - In nounced 40,169 Loans—gross T tables. (In millions of dollars) and Dividend announcements Apr. 8, RR. 1 35c . (quar.) Original DIVIDENDS Mar. 31, Miami Original 6-21 10- $1.75 _________ Little 1 $1.10 $1.08% (quar.) Secord 7- 15Vic (quar.) Candy Shops, Ltd. Life Savers Corp. (quar.) mem¬ 5-14 6-15 $1.20 ___; (quar.)—— Laura 1 6- $1.20 Lake Superior & Ishpeming RR. Co. (quar.) Lakeside Laboratories, Inc., $1.16 pfd. (quar.) issue. 6- 5- $1.10 Mfg. Co. (quar.t. Kingston Products Corp. (s-a)_____________ Kresge <S. S.) Co. (quar.)_____2___ L'Aiglon Apparel, Inc. (quar.)i__. Ry.— 2 5- 5-15 35c common_______. Joy 1478 5-14 6-25 $1.05 $1.50 preferred Corp. 4-15 62Vic (quar.) preferred Jervis Page ser M, debentures, due 1967 conv. bonds, in mtge. bonds, ___ Virginia 4+2%> ♦Announcement gen. & ref. Inc. ( + ) or Loans 35c $1.06+4\ 4.35% CALLED dec. (—) since Assets— 4-20 6-30 4.40% Chicago and $45 million each in the Boston and Phila¬ delphia Districts, and they decreased $118 million in the Cleveland District, $110 million in New York City, $97 million in the San Francisco District, and $74 million in the Chicago District outside of Chicago. Time deposits increased $91 million. Borrowings increased $190 million in New York City and $103 million in Chicago. Apr. 7, 4-15 1 __ International Harvester Co., 7% pfd. (quar.) Investors Mutual, Inc.— Iowa Power & Light Co., com. (quar.) 3.30% preferred (quar.) ; 'V 6 1 30c (quar.) ••Temporarily omitted. 4- 5- (quar.)__' * * 4-13 5- $6c Indiana Gas & Water Co., Inc. .233125 2.807285 tApplication depends upon type of merchandise. A summary of assets and liabilities of ber banks follows: 50c . .233100 #» 6-11 17Vic »• _. (quar.) 2.817500 - 4-26 6-21 (quar.) (George A.) & Co., com. preferred series A (quar.) 2.806973 0 * Uruguay, peso 4-26 6 $12Vic ;__ .233125 __ sterling 6 5- com. Co., (quar.) $4.20 preferred B 6% 4-15 5- Ltd. Hormel , 4-23 50c dividends (quar.)__ Mines 2.817500 pound.— pound paid (quar.) pfd. series B Electrochemical $4.25 .140080* 9 9 Products Corp.— preferred series A 6% Hollinger 5 4- 4- 50c _______________ 7% .264100 5- 4-15 50c 2.806973 franc Union of South Africa, Kingdom, .496766* .193330* _ . .140080* .0349000 peso Portugal, escudo Sweden, krona .210866 .116076 5-15 4-15 25c , Co. (Dallas, Texas) (quar.)_ Co. fquar.) Co., Ltd., class A (quar.) Hercules Steel 1 4-13 (entirely from _ F.) 5- 5 4-20 15c Insurance (J. 1 6- 90c —__________________ Hagerstown Gas 2.818437 - 2.790532 .140080* Norway, krone Philippine Islands, •Nominal. 2.789603 Gulf 4- $1.50 company previously semi-annual basis. a Hartz .238379* .210866 2.817500 on .00285625 .238379* .116076 — Netherlands, guilder New Zealand, pound United .238379* 2.817500 .___ Above .00435401* .00285625 (s-a >_ Engineering Corp. (quar;). Engineering Corp. (quar.) Quarterly .210800 0.00435401* Aircraft 4-15 40c Grumann Aircraft 1.019609 .00285625 ,238379* _________ _ Switzerland, .00435401* .00285625 i .00285625 franc 1.019121 .210800 .00435401* .00435401* <, (Metropolitan), « Gruman .0428082*$ • 4-19 62+2c • com.___ investment income) Brazil, cruziero— Free CO., 6-15 4-30 $1.75 preferred (quar.)_— Growth Industry Shares, Inc. .0385802* 6-15 6-30 62+20 pfd. .0719820* .0719820* 2.245268 .0385802* . r—- 1 56J/4C (quar.)_!___________^ Goshen & Deckertown RR. (annual) Graton & Knight Co., $1.80 prior .0198812 —* _^_ Gillette Co. f 4 23 Securities Corp.— Package Corp., com. (quar.) 4V2% pfd. 1st series (quar.) General Shoe Corp. (quar.) Georgia RR. & Banking Co. (quar.) Thursday $ Basic Preferential Free Wednesday Apr. li& Apr. 9 Tuesday 32'A>c • ; General Friday * (quar.) preferred Gas Service Co. 2% (quar.) Philadelphia (quar.) Machine Corp., com, & Fulton Industrial INCLUSIVE Gair Noon Holder» Payable of Rec. 1953— A series Gear conv. L div.)_____ series preferred $3.50 Country and Monetary Unit (stock preferred 5 +2 % Foote APRIL TO Common 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers countries of the world. We give below a record for the week just passed: POREIGN When Share Fedders-Quigan Corp.— Light & Power Co., preferred (quar.) 75c ; com. (quar.)^ 1 4-30 87+2c 5- 1 4-30 15c 5- 5- 1 4-15 $1.16 5- 1 4-15 Volume Number 5317...T7ie Commercial 179 Lawrence St. 7% St. Flour preferred Mills Dillon Co., A J 4-22 Atlas 6- 1 5-7 $1.10 7- 1 6- 30c . preierred Pacific 6% 4-30 5-17 4-30 Co Simmons Oil Skelly 6% preferred 5-14 6% Rubber 4-20 4-17 Bangor 6- 9 5-24 6- 4 4-28 Bathurst 4 •Baystate 6-30 5c & Corp. 31'Ac' 4 Belmont preferred 38%c 6-30 6- 4" Benrus 6-10 5- 7 Best Foods, 2c 5-17 4-23 Birtman 25C 5-10 4-26 5-14 Stadacona Ltd.. Mines, (increased). Stanley Warner Corp. Stein & (A.) Suburban Co. Gas + -•* --k' (quar.) Service, preierred B Biscuits Sunshine Superior Separator, 6% ■ 4-30 4-22 4-30 4-22 (quar 6-4 5- 4-30 5-15 4-30 ; 5-15 J12'/2c preferred (quar.) Producing Co. (quar.) 35c 6- $1.75 Interest—— Prop. 208 La South —________ •5-27 6 5- > 6 7- 1 Inc., (q 7- 1 5- 1 4-15 62'Ac 10- 25c Ltd. -United Cities Realty 5% (s-*> 5-14 5-14 1 Co. 6-30 ,7-15 5- $5 45c (quar.) "4-15 1 Upper Peninsula Power Co., (quar.)_. com. . -544% preferred (quar.) "Vogt Mfg.- Corp. f (quar.) ,^ ___ (quar.) Corp. "Wait* Amulet $1.31'A Ltd. ' ■ "Weber Showcase d Fixture Co. (quar.) V. -4-30 Western Canada "*"Western Light 5*/2% :5% Breweries, Ltd. & Telephone, preferred preferred "Williams Co. & Bankshares Electric preferred 3.60% Power Woolworth (F. ! _: 34 %c 5-21 5- 7-31 6- 1 5-15 50C 6- 1 — this announced Special class Affiliated Corp. Fund, investment A Inc. (quarterly $1.32 ■ preferred Alden's, Alloy 5- 1 10- 1 9-15 4% Cast Co. of Canada, 51/4% Amalgamated Sugar, 5% Automobile American Co. (St. Louis) Inc., Certificates 5% (quar.) common of interest preferred American Can American Distilling Co. Investment 5V4% prior 4'AVo preferred preference Common 5% j (monthly). Metal 4'A% preferred 7% 3-26 4-22 5% 4-19 6- I 1 1 Co. 4-15 $1.75 9-15 9- $175 12-15 12- 7% Smelting 1st 5% & preferred Viscose preferred American Corp. & Wire & Cable 4- 5- preferred 4V2 % 5- 1 4-19 $1.25 5- 1 4- 7- 5 Smelting Co.— (s-a) $2.25 4-20 4- 50c 4-30 preferred sinking Research class A 4-20 3-13 $15c (quar.) 6- 5-10 $56'AC : 5- 1 4- 6% preferred 8 common 1 5- 1 5- 1 4-15 6-30 6-24 $1 (quar.) (s-a)i. $3 commonn 6-24 6- 1 6- 1 $1.25 6- 1 4.35% Atlantic 3.75% Atlantic 5'A% -2nd (quar.). preferred Refining B (quar.) $1 5- 1 4- 5- 1 4- 8 (quar.) $1.08% 5- 1 4- 8 93 %C 5- 1 4- 5 de 5- 1 4-10 (s-a) $55c 6- 1 30C 5- 1 V 1 V . $1.12l/a' 7- 1 6-15 • $1.12 ya 10- 1 9-15- 20c 5- 1 3-2fr r , 50c 50c ; *6-23 e- * 9-» 9-23 2 12- 12-23 10c 5- 1 4-10 5- 1 4- 9 5c 5- 1 4- v 4-20 3 (quar.)— 3-31 4- 1 $1.12 5- 5-!T $1.25 5" 9 4- 9 4-l» 1 10c 4-23 4- 25c 5-15 4-2T 25c / 4-26 4- S- 50c 4-26 4- S- $3.34 4-30 4- T 4-ls 2 4-12 13c 5- 1 4-20 I_ (reduced) T Vegh Mutual Fund, Inc. ($2.77 from net long-term capital gains and 57c from net investment income. Capital gains 4-10 33c 9 distribution Vilbiss De cash in Co. or stock) . (quar.) (quar.) Dean Phipps Stores, Inc., 5y2% pfd. Delaware Power & Light Co. (quar.) Dennison Mfg. Co.— A and voting common 3-31 Denver 3-1° 5% Rio & (quar.)_! stock Deueniure 4-23 • 6 35c (quar.) Common 4-26 4-30 4- 30c — 6- 3 5-1G 6- 3 5-10 82 :— Grande RR. 5- 3 5% 1 5- 3 5% 5- 1 4- 9 Denver 5- 1 4- 9 1st _________ (quar.) $31c — $$1.25 (quar.) common 4-30 $20c v 1 3-15 5-15 4-23 7-15 5-15 4-29 5- $6c (quar.) convertible preferred (quar.) convertible preferred (quar.) Gasket Detroit Giorgio & Class B $1.25 * Match 5- 1 4- 6- 1 5-14 50c 5-10 4-20 Dr. $1.05 5-10 4-20 Dodge 37'Ac 4-30 4- 8 25c 4-30 4- 8 9 investment Dome $2.50 7- 2 6-21 50c 5- 3 4- 20c 4-30 —______ (quar.)________ shares 4-14 5- 1 4-12 4-22 1 5- 1 New Co., 29c 5-28 25c •6-15 50c (quar.)_^ 5-15 20C, 5-24 5 5- 1 5-1 7 Dominion 4-9 Dominion 4- ! _ 50c 7-15 7- 1 Dow 4-23 25c 5-14 4-15 6- 5-15 Electric Co., com. (quar.) (s-a) common , du $1.25 Chicago & St. Columbia Terminals Mutual 5% 5% preferred preferred Co., 5% preferred $1.50 Engineering, Commonwealth Edison 7- 6-21 1-3-55 12-20 Inc. Co., Eastern 4- 9 65c $1.12 l/a 25c 5-15 5- 1 $37'Ac 5- 6- 1 1 4-21 4-12 1 4-15 5- 44- 9 30c 4-20 4-10 J20C l (quar.) 4-30 4-15 J20c Lines 4-15 $25c 4-21 3-3® $10C 5- 4-30 3-31 4-30 4-15 4-30 4-15 50c 5-15 4-20 87V2C 6-30 — (quar.) 6-15 6- > 6-15 6- 1 5-15 4- T' 20c Inc. Inc., Corp. 1st 2nd 4- 9', 4- 9 1 4-20 Emhart Mfg. 25c 5- 1 4-15 Employers 5-15 4-21 Stock Group 1 4-15 Emporium 10-11 9-17 Emsco 1 8-2® 12- 1 11-1® 3% 5-25 4-20 25c 4-20 4-12* (quar.)—_ 10c 5- (quar.)_—_ 15c 15C — (s-a) common A Heating 4-14 Enamel 3-22 Equitable Credit Corp.— 50c preferred (quar.) 60c preferred (quar.) (quar.) 33c 5- 1 3-22 (quar.). 35c 5- 1 3-22 4-30 4-15 40c 5- 1 5- 1 25c 5- 1 4-15- 5- 1 4-23' 5-14.' ; 4-15 — 25c 6- 1 $1.19, 5- 3:? 4-2® 25c 6- 1 5-12", 70c 7-15 60c 7-15 6-2i 25c (s-a)— 5-14 4-15 50c (quar.) 10% $3.50 preferred (s-a) 25c flOc Products,. Ltd.— 4-28 preferred 4-15. 5 $1.12'A (quar.)— 5- preferred 1 5- 62»/zc Associates 75c $1.40 4-15 5- 6-20 4-30 4-16 5-14 4-16. ___—_—— 45c 1 & Co. 1 — (quar.)— Capwell Co., 7% Mfg. 5-2® 1 9- 31'Ac Co. (quar.)————— dividend 6- 31 'Ac preferred (s-a) preferred (s-a) 5- 5- 4-16- 1 4-24 Goods, common (quar.)_ Ely & Walker Dry $1.18% $5 5- 4-24 6-15 37'Ac I $40c 31'Ac —- Elmira & Williamsport RR. 6% 4- 1 87'Ac (quar.) preferred Electrographic .7% . . Bros. 20c (quar.) common 4-30 9 4-30 6-16 6-30 Products 5% 4-30 4i15 50c 40c 4y2Vo - 4-3Q4-15 93 %c Co. (quar.) —Co., common (quar.) preferred (quar.) — Elastic Stop Nut Corp. of America Electro Refractories & Abrasives— Ekco 4 4-20 5-14 5-14 $1.12'A convertible preferred 6% 4-20 7- -40c (s-a) (accum.) (stock div.) Corp. Air Eastern Industries, 4-30 Edgar ■ pfd. Duro-Test Louis (quar.)—L 6% 4-16- 4-30 $1.75 (quar.) 6c Insurance 1 5-21 $20c (quar.) (quar.) (quar ) 4-19 33 Life 5- 4-lt^ Co.— 4-19 Electric— System. Inc. 1 t25c (quar.) (quar.) 4-23 $1.50 — Columbus $3.50 Duriron $1.25 — preferred preferred 5- preferred A— Gas 8-15 11-15 (quar.) ____: 4-30 $30c (s-a)___ I.) de Nemours & Co.— (E. 5- (quar.)— ——__________— preferred (quar.)_ Clinchfield Coal Corp. (quar.)_, & pref. Inc., com. (quar.) 5- $4.50 Gils Ltd. Corp., Ltd. (quar.) Ltd., common— 7% Ltd., 35c preferred (quar.) Electric Illuminating Co.— Counties 9- 12- $1.75 — 5% Breweries, Ltd. 3-39 4-30 5- $10c (quar.) $1.06 Vk (quar.) —_ Cincinnati, Ltd. Paper, preferred Pont $1.25 — preferred Works, Coal & Steel Industries, $4.50 $1.25 preferred .(quar.) preferred (quar.) Baking Co.. 7% 4-SO 31'Ac Dryden Paper Co., Ltd. (quar.)—; Ducommun Metals & Supply Co. (quar.) — Pacific & Texas (quar.) 9-13- 5-11 25c Tar & Chemical, Brewery, 4-30 Orleans 6-1# 9-20 J40c Donnacona 20c & 4-15 5-29 10c Ltd., common (quar.) — 2nd conv. preference (quar.)___ — Dominion Magnesium (special) Dominion Oilcloth & Linoleum Co., Ltd.— 3%% preferred 1 1 6-19 $17y2c Quarterly 87'Ac (quar.) New 56- 25c Dominion"Fabrics, 4-30 5- Engineering Dominion Dresser 5% 4-8' 4-14 "> $40c 4-15 Corp. 1 20c —__________ (quar.) 4-22 1 Products 8 1 Dominion 17% c $1.40 pfd. 4- 55- 4-28 15c preferred (quar.) Bridge Co., Ltd.— > common (initial quar.)__. 5% 4-10 20c 1 Finance 5-15 2c Manufacturing Co. Mines, Ltd. (quar.) Domestic 7 4- 4-19 $2 (quar.)__. Beneficial shares Monthly 1 4-12 4-21 37'/2C & Cox Fund, Beneficial Dodge 4-26' 5-15 50c Co., income) Co. Pepper 5-15 1 25c common (quar.)__—_ (quar.)__, U Discount Corp. of New York _____ Dividend Shares, Inc. (quarterly from net 50c 4 3 6- 25c — preferred 40c common— 612- 25c (quar.) A <quar.)___: $1.50 6-15 12-15 100% (stock div.) Co. class Corp., Diamond 9 9-19 12-19 90c (quar.) Mfg. Fruit 9-20 12-20 50c (s-a) (s-a)_ Detroit International Bridge Di 4-20 •'•'" '4- $1.25 50c 1st pfd. Tramway Corp., preferred 6-11 6-22 $1.25 Denver Union Stock Yard (quar.)___ 6-29 55c — Co. 3-31 $1.25 convertible preferred 1 $1.32 5-15 6-1#' 9-1V 5- realized 1 Combustion .. Wholesalers, Ltd.— preferred 4-10 6- Colgate-Palmolive Co., common (quar.) $3.50 preferred (quar.) Colonial Finance Co., 44'4 % pfd. (quar.)___ Colonial Fund, Inc. (quar.) * 2" P-29 " L"»C 4-10 1 6- • 8 $1.68% Co.— preferred - 7- 5-15- v r 06 pfd. 1 5- Columbia i.; Light, 4y2% 5- 1 Extra 4-30 6-15- ) (quar.)___;—„____«— 5- $$1.25 preferred B Coca-Cola Bottling (St. Loui6) Coglin <B. J.) Co., Ltd, (quar.)— 4-30 & Daystrom, Inc. (quar.) Dayton Rubber Co., common $2 class A (quar.) .' 50c 4.80% 4-30 $$1.12'A (quar.)_ 6-30 $15c (quar.) City Electric Co. preferred (quar.)____ preferred 5 12- '4% '4-8 15c (quar.)__ 5- Atlantic 4% 4- v 10- Coast $1.12 y2 (quar.) Atchison, Topeka & Santa Fe Ry Co.— Quarterly 4.35% 4-19 10-15 Coast 9 4- 1 $1.12'/2 ;J, fund Laboratories Mills, Argus Corp., Ltd., 4% Vo preferred $1 Common (quar.) preferred Cotton 5 12-15 Cleveland 4-16 $70c (quar.)__ 4'A% Arcade 4- 50c Ry., 6 Ltd. (quar.) 4.50% Applied 4-19 50c Cleveland, 6-28 75c (quar.) 8 Appalachian Electric Power— !■ 4-30 $$1.25 Semi-annual - Co Telephone, preferred 3-31 5-15 50c City Stores Co., common (quar.) 4'A% conv. preferred (quar.) ______ Clearfield & Mahoning Ry. (s-a) " Anglo-Canadian 4-20 Laboratories (quar.)— City 4-19 1 87»/2C $4.24 preferred (quar.)— Davenport Water 5% pfd. (quar.) Davidson Bros., Inc. (quar.) 40c 5- Gas - $2.80 Dallas Power (quar.) 6% « 4- 6-30 50c Cutter $1 Corp. Ry., 9 4-30 $1.25 Anderson, Clayton & Co. Anglo-Canadian Oil Co., & Cincinnati, 4-16 50c 4-15 4-21 • v (quar.) A 4-15 A 4-15 4-30 $1.75 (quar.) 4-15 -5-1 15c ' 4-15 37'Ac Fund Refining— common 5-1 10c >,:v. 1 A 5% (quar.) Zinc, Lead 4^30 25c (quar.) Corp., $5 prior preferred (quar.) Amoskeag Co., $4.50 preferred Anaconda 50c (quar.) (quar.) $1.25 Sugar Co.—v 1 35c Cincinnati 1 Corp. 7-31 11- 1 (quar.);—„ 5- Power & Cincinnati 1 (quar.) preferred 5- Class 1 preferred American class t2 Class 5 7% Phenolic 4-15 f 8-16 11-15 ;___^ 75c Chesapeake Corp. of Va. (quar.) Chesapeake & Ohio Ry. Co. 3l/2% convertible preferred (quar.) Co. 7% Petroleum 5-1® 5- TOc Inc.. $20c j (s-a)___ Chicago & Eastern Illinois RR. Class A (quar.) 1 >" (quar.)_ Chicago 5- '5- 1 4-30 .4-15 (quar.)_ 5-21 37'Ac 4-16 f 1 * 5-28 $1.25 • Ltd. 4-15 $1.75 American ' ■ 4- 5-15 $1.75 1st pfd. 1 (quar.) (quar.) Amerada 5- 8% Forster, American tl5o 1 preferred preferred American •4-26 40c ^ Co., 4-15, 4-201 5- $1.25 — (quar.) Seal 1 5- 1 90c _______ & 7-iat 7-15 75c >'"$1.75 investment in¬ 6- 6- 6-15 ' ______ 5- 6-15 5- 1 17»/2C — (quar.) (quar.) preferred (quar.) preferred (qudr.) Press Inc., 3V2% pl'd. (quar.) Curlee CiOthing Co.— V 4 Va % preferred (quar.)__ 4Va% preferred (quar.) Curtis Publishing Co., common curtiss-Wright Corp.— > • * $2 class A (quar.)_ $2 class A (quar.) 9 37'Ac Certain-Teed 5- 1 7- 2% (quar.) 4-20 5-15 6- $1.13 7% (accum.) ___ Light. 4% pfd. (quar.)—_ South West Corp. (quar.) 6-15 25c 5 * 31'Ac Cuneo 4-16 1 5-15 $37c preferred 1 4-15 4- & Cuban - Electric Corp.— & Securities Illinois $1.50 1 1 * 5-" 1 $20c ——— 5- 5- 8 6-15-1 5- i Gas & 7- 50c 10- 1 5-10 37'Ac _______ 12c (bi-monthly) Paper Goods (quar.) Lines 25c Association $1.12'A ; 7- $1.75 •V —_ Gas Central (quar.) v Crum "H"1' A Light Co., & Electric Central 4-20 7- 1 6-15 (quar.) preference 35c 1 * (quar.) Cork Crown 6-18 • __. Power 28'Ac 5- B Class 3-1B "v Central $1.25 8 7-20 Ltd. Cos., Hudson 6-15 __.___.2___ 4- 6-30 Co Marconi Oil Quarterly 6-15 1 :■___ 6- ; Crosset Co., class A 8 4-20 — (quar.)_. Ltd., com. Co., Central 5-14 7- _. quar.) 1 $$1.20 Transportation 31'Ac 5% preferred Central 4"14 1 4- 7- 3 (Toronto)— Co. Quarterly Quarterly ^ 10- 25c (quar.) (quar.)__ (s-a) Central Coal & Coke (s-a) Ltd., Co., News 3-26 4-20 5-15 7- Fund, Inc. (quar.) American Natural Gas Co., common (quar.) 6% preferred (quar.) American Carolina 3-26 1 8 7-1 > ' 4-29 25c Carpenter Paper Co. (quar.)—. Caterpillar Tractor, common (quar.) 4.20% preferred (quar.) ______ Celotex Corp., common (quar.)— 5% preferred (quar.)_— —— Central Canada Investments, Ltd. 5-15 31'Ac Mutual American 5- 4-16 $1.31'A (quar.) American American 1 1 4-29 Corn Co.— (from Ltd., Bronze Quarterly 7 6- 5- 7-29 10-29 Insurance Corning Natural Gas Cosmopolitan Realty $1.12 »/2 Capital Estates, Inc. (s-a) — Carolina, Clinchfield & Ohio Ry. Guaranteed 7 5- 40c (quar.) (quar.) Co.— (increased preferred ! ' 10-29 5- 4-20 6- Exchange Bank Trust (N. Y.) (quar.) Products Refining Co., com. (quar.) Corn 4-12 4- 7-29 4-30 Illinois— (quar.) American-Marietta 1 6-1 50c Corp. of . preference 5- 5-15 20c (quar.) Co. (quar.) $1.25 4-15 4-29 Life 25c preferred (quar.) Canadian Industries, Ltd., . 35c . Products Home American - 4-15 1 pfd. — Insurance Safeway 3-26 25c (quar.) American Common 1 5- (quar.)_i com. Northern Power Corp.. 4-20 25c (quar.) (quar.)__ Co. 5- $12'Ac (quar.)___________ Canadian Refractories, Ltd.— $$1.12'A 4 Va % 1st preferred (quar.) 4-20 1 Copper Continental $7c Canadian 25C 7- — Canadian i2y2c . 6 4-15 25c —— $3 Telehone & (quar.) 2nd 5% 4-23 1 6 4- 1 $15.50 (quar.) General Fund ■ 6-21 6- 4-23 Semi-annual 4, 4-30 12-20 50c 3-31 4-30 $50c 5% — Quarterly American Broadcasting-Paramount Theatres, continental 4-30 1 $$1.31 preferred (quar.) Ins. 3 4-30 7 25C 3 5- 5-15 7- 1o + 5- 9 5-15 5- 30c preferred (quar.)_ 2nd preferred (quar.) 9 6- 5-15 1-3-55 Ltd.— 1st 4- 5-20 $1.13 (quar.) 6- $2c 75c (quar.)_ 6- 4-25 (quar.) ________ & Steel Industries— 5% preferred (quar.) : ____^ Continental Gin Co., 4V2V0 preferred (quar.) Continental 5-1® 1 50c 55C L 9 • 3-12 15c (s-a) (quar.) common 4- $50c 5-14 4-15 4-23 preferred Co., 4-20 $50c 1 5-15 25c $1.12'A Royalty Oil Co. Power 1 $50c 4- 9 6- $37'Ac 1 : 4-15 1 - 5- $15c $3 Corp., common Steel Co. (quar.) 4.52% 3 62'Ac (quar.) (quar.) Co. 5- $10c $3 50% preferred 1—_____________ Canadian <s-a)_ 4.59% Foils, Ltd., common (quar.) participating class A (.quar.)—_i__ Canada 3-23 20c , Stores Aluminum Co., Extra come) 4-20 $2.50 (stock dividend) & Western Ry. guaranteed Consumers 4-20 •vtvi; Canada 9 4-20 Semi-annual Allied 4-10 4- . RK.— Inc. Allegheny (quar.) Power Water Fire Canada (s-a) Consolidated 5- — Extra 60c net Corp.. Akron, Canton & Youngstown 5% of out 4-20 5-1 6c Electric Appliance Air-Way 7c income) Consolidated 4-16 1 $1 ~—__ (quar.) preferred (quar.) preferred (quar.) preferred (quar.) $1.20 Payable of Reo 50c (quar.) (quar.)— Corp. Gas 5- 5- Y.)— Corp., Ltd. (quar.) Paper (quar.)—._< 4-15 10c Canada Petroleum, Adams-Millis (N. ®o. (quai\) 4-30 1- preferred Camden Holder• When Per Aberdeen preferred Common {preceding table. Share preferred $5 6-15 6-30 Edison 5-15 5- ____.—-————- California these being given in the Name of Company 25c $1.25 (quarl)__ Consolidated Paper Consolidated 9 1 (quar.) common Portland Cement Co. California The list does not include divi¬ week, Co., Elec. $1 yet paid. 4- 10c Oregon Power Co., give the dividends announced in previous we 1 5- Co M.) 1st $1.25 Below 5- 20c Corp. Corp. Natural 25c — California 5-10 (quar.)—__ Dearborn Laundries $50c . California 4-30 Co. Coppcrmines Consolidated $50c California Packing Corp. 5-14 30c (quar.) 4-12 4-12 5- (s-a) 'f80c 2nd participating preferred , 7-16 90c Co. 4-15 4-23 1 50c preferred (quar.)__~ —___ Jackson Co. (quar.)-_—— ___i_ Linen Mills, Ltd., common (quar.) $1.50 4-26 Light W.) •-• 7 5-22 6- $1.50 ___. . 4-15 3 Consolidated 2 37'Ac Caldwell 4-23 1 4-15 3 5- Consolidated $1.50 Corp. common (A. Byron 4-23 .6-10 30c 37'Ac common 4-20 5-15 . 25c . (increased)__ Corp. 1 5-15 ,5- 3 5- 62'AC 5- $10c v payment clears fill, arrears *:1 Vo 4-20 15c 5- 37%c 5-25 Inc., 4% " ,4-20 1 (quar.) & weeks and not dends 1 •: -mt (quar.) preferred Wisconsin (quar.) Power, 55- 31»Ac (quar.) Wisconsin Wisconsin 6% 40c (qu"ar.)_— Byers 4-30 6T, 1 62'Ac (quar.) 7d Products Terminal Bush 3 34%C .mm' ' pfd.- (quar.) conv. -• J25C — (quar.)_ . White's Auto Stores, com. *5'A % (quar.) com. iquar.)_ ■ This .• 4-16 * 5- ■ B Extra 7d Corp. (increased quar.) a Quarterly !— ; Mills', "4%%' preferred (quar.)— Bush Terminal Buildings, 7% preferred. 4-30 1- 5-17 4-15 Class Co., Ltd.— Tobacco Burrus 1 * 5- 5- ; 25c 3 $1 Burroughs 5^:7. 5-15 27'AC Air 5- 70C Class B common 5-10 5-15 $1.12'A Pulp L Paper; 4'A % pfd. (quar.l Fire Insurance Co. (qqar.)__. Lines, Inc. (quar.)___ Westchester "Western 37'Ac Extra 4 25c (quar.) preferred (quar.) Class B ; ' "West Va. 5 (quar.) A • 4-23 : 6-10 10c ___. 1 4- 6-10 150c . Class B common 4-23 5-15 • IOC 1 1 6- $35c (quar.)—: 6- 5-1 v 20c ' .mm Mines, 5- 30c . ■ "Vulcan 6-15 1 " preferred (quar.)a. Burns & Co., Ltd., class A preference. Class A pref — Class A preference • S. Potash 5- 4- 2 ic r Columbia Forest Bullock's, 5 47'Ac 40c Products, Ltd common (quar.)__ convertible preferred (quar.) 6% 5 4- Consolidated Buckeye Steel Castings Co., common 9-20 6- J40C ; pfd. (accum.)— 1 6-15 & 4- 20c (final) Steel 4- 1 1 4-23 registered (final) Buchanan 1 5- Class 4-15 (quar.) bearer 5% 6-18 (quar.) com. Co. Edison British 6-18 62'Ac Salle Street Corp. Lines •"United Bond & Share, >U. "■ 1 (quar.) preferred 5- 5- 15c Brooklyn Union Gas Co., 6-18 37 '/2C $1.12ya . 5- (quar.)__ 12-10* 51c 4-15 ' 9-10^ 12-15 55c 4-14 5- 1 20c 9-15 $38c 50c preferred 50c com. Ord. 5- 6-30 (quar.) Quarterly United Air , 1 1 5- (s-a) Old. —jT_ $1.50 conv. preferred • 56- 45c 9c Corp., British-American 5-14 , 5-27 $175.00 12'/aC • $50c (quar.)_ Corp. Fisheries Boston 4-30 : 5 Co. 6-1®: 6-15 $38c $37c _2 Consolidated Chemical Industries— 1 $75c A Booth 4% • • 4- (quar.) Electric Co. (quar.) Bondstock 4-15 t20c convertible Ctfs. Bon 5 $1 30c - _____—_ Texas Gulf < 4-20 Inc. Ridge Insurance Co. (N. C.) Ami Co., class A (quar.) Blue " (Canada), Ltd. Common 5% 4-30 ___ preferred Taylor, Pearson & Carson t 4-15 (reduced) (E. W.) Co. (increased) Bliss 4-22 10c (quar.) Inc. (quar.)— Iron Watch Class 4-30 37'Ac preferred A (quar.)... 6% 1 37 Vic (i common 6% 6- 6-30 (Torontoj— (quar.) 4-15 4-27 Black Starr & Gorham, Inc.— 30c . (quar.) 9 1 preferred (quar.) preferred (quar.) $1.90 preferred (quar.) $2.20 9 50c Corp., com. (reduced)— preferred (quar.) 20c • 4-27 •V $1.55 ' 4- 45c (quar.) Works (quar.) $1.25 "• 4-30 Co., com. (quar.)— Innes, Ltd., $1 class A (s-a) Power & Paper Co., Ltd., class A 45- $2.04 20c i 9 4-23 $2 12-31 Hydro-Electric 1 Sonotone (quar.) Association 4- ; 5-15 12c $1.37 Va (quarj Holdem 4-24 Connecticut Light & Power Co. 9-30 1-14-55 15c Corp. Life pid. 4$ Payable of Rec_ 15c : : 5Va% Quarterly Quarterly 6-30 7-15 10-15 $1.50 (quar.) Co. • $1.50 -! 5-10 Bates 4-12 10c Baldwin 6- 4-20 $1.50 — Baldwin-Lima-Hamilton 40c —... 1 4-26 Inc Quarterly — 4-20 50c _____ 5- 20c (quar.)— 4-13 1 Inc. Fund, Fund, Natural Gas, Confederation 30c _ preferred (quar.) 5- 5c ___. 4-30 4-30 $1.50 (quar.) 5- 1 Extra . ; Co. Concord 4-20 1 Share Stock invest¬ — 5- 50c ;" (quar!) Syndicate...; 5- $1 4-26 Co.— 6-i2 f 25c (quar.) (quar.)__ common Commonwealth 5-10 31'Ac When Per Name of Company Payable of Rec. Share • (quar.) (from preferred (quar.) 6% 5 "B" income) Baldwin 5-14 87'/2C preference Fund Inc. 6- 37'/2c $1 preferred 5% Power, preferred Silver ment 5-17 (quar.) Ltd., Shirriff's, Sierra - ,• . Cuncoru Nichols & Co.— $1.20 convertible prior Axe-Houghton ?50c Sheller Mfg. Corp. (quar.)——_——_— Sherwin-Williams Co., common (quar.) 4% • 4 4-30 5-15 +27'/2c (s-; is-a) , Austin, (quar.)_— (quar.) Shea's Winnipeg Brewery, Ltd., class B Class 5- 37'/2C (quar.) common Co. > Plywood Corp., $1.25 conv. pfd. (quar.) Powdei Co., 4% pid. A (quar.)_ f$1.75 ____ preferred series A 1st Atlas H older 1 When Per Name of Company Payable 0] Rec. Ltd.— Co., (quar.) Paper Regis $4.40 Scotten Share Company Holder• When Per Name of (1765)* and Financial Chronicle i2y2c 1— , 15c 10- 1" 4-30 9-21 4-15 4-30 3-31 6- 1 5-17 5- 1 4-1& t 50 Per 6% 1st 5% 2nd. Erie Railroad 5% Payable of Rec. Holder1 5-10 5- 1 4-20 62'Ac 5- 1 4-20 10c — —. — Co.— (quar.)..——.—-—— "A" preferred $1.25 1 6- > 5-13 5% preferred $1.25 9- 1 8-13 5% preferred $1.25 12- 1 11-12 15c 4-28 4-14 Esquire, "A" (quar.) "A" (quar.) (reduced)———.——--—-— Inc. 50c Eversharp, Mfg. Farmers common Traders & 4-16 5- 1 4-15 4-29 25c 7- Hecht 4-13 3 3A% Insurance Hercules Hershey Federal Federated Department Stores, Common (quar.) 4'A% Firth Tire 9-15 Higbee Co., 5-15 5- Higbie 5- 1 4-15 6-10 5-28 5c 4-20 4- 7- 6-25 50C 1 Hettrick 1 62'Ac 4-30 4-10 5- 1 4-15 $1.50 Subject 4-30 4-14 Home Insurance 50c 5-14 4-15 Horder's, 75c 4-20 4- 5- 1 4-23 Home 4-26 4-15 Hotel Syracuse Sterling, 7% preferred (quar.) Corp., Ltd. (quar.) Machinery & Chemical— 3%% preferred (quar.)— $1.75 30c 5 Horn Food 5- 933Ac 1 4-15 Voting and non-voting class B Motor Co., Ltd.— 25c (quar.) 1 6- 5-24 Ford American Foster dep. receipts Kleiser & Foundation ord. 5-19 4- 5 17'Ac 5-15 5- 1 4-23 3-31 110c 4-23 3-31 ; Franklin Stores Corp. (quar.) Telegraph (s-a) Companies, Ltd. com. (quar.)—— Freidman (L.) Realty (quar.)— Quarterly Franklin 4-28 20c 5- $1.25 ... Frasers 10c 10c 10c - Quarterly 11-15 4% f series 1 preferred Illinois Brick < 11- 1 Illinois Central 4-15 4-15 1 4-15 15c 4-30 4-21 4.26'% 62'Ac 4-30 4-21 4.42% 50c 6- 2 5-12 $1 5- 1 4-20 Illinois 15c 5- 1 4-15 Imperial -Samble-Skogmo, 5% Inc., preferred Gardner 4% Denver — ! Co., common (quar.) preferred General (quar.) common (quar.) (quar.) Baking Co., common.. General Cigar Co., Inc., common 7% preferred (quar.) General Electric Co. , General Mills, $1 — 5-10 4-20 3-31 62'Ac 5- 1 4- (quar.)— preferred (quar.) 5-1 4- $3.75 General 6% Outdoor $1.50 General PrecLsion Equipment Corp.— 5% preferred A (s-a)__ General Public Service, $6 preferred preferred $4 preferred General (quar.) 25c . 37'Ac 5- 1 4- 6 Local 5% Utilities Corp., Corp. $3.50 preferred A (quar.) General Steel Wares, Ltd., common 5% preferred General Tel. 4'A % $25c Co. of preferred Calif., 5% 4-30 25C (quar.) (quar.) 5- 1 4- 5- 1 4- 8 , Telephone Co. of Indiana— preferred (quar.) ! ! $2 $4.36 Co., General Telephone Stock at preferred Gillette Co.. Gimbel Bros., $4.50 Inc., 4'A % (P. prior Goodall Goodyear Tire $1.25 4- 25C 4-24 44- 9 (quar.) preferred Employees Corp. (increased) Employees quarterly Initial (stock ., (W. R.) and A 6% preferred 8% class 6% A Insurance 8% class 6% (quar.) A Class A B (quar.) B (quar.) class Union Stock II Co. 7- 1 6- 5- 1 5% Grayson-Robinson Stores, $2.25 preferred (quar.) Life 56'Ac Insurance (Houston) (H. L.) & Co. Life Insurance Co. Balle Bros. Hamilton Hanna Class Inc. $4.25 B 1 5- 1 12'Ac 5- 3 9-10 A.) Co., Co., common preferred A pfd. com. (quar.) 4-21 3-31 5- 1 4-21 $$1.25 III 5-15 5- 50c 6-11 6- 1 50c (quar) (quar.) (quar.) 5- 3 25c (quar.) Ltd., 5% 4-15 1 30C class 1 6- / (quar.) common 5- 6-11 6- 1 5 • $1.06'A 6- 1 5-14 1 5- 3 4- , 4-14 ; 1 4- 9 25c 4-20 4- 9 > 40c 6-15 6- 1 5- 4-30 5214c 6-30 25c 4-26 5- 5614c 4-23 ; 5 4-15 ; 6-11 ' 3-31 { Forge Crosse 6- 1 5- 1 1 4-30 1 Textile Co., Inc. 1 4- 4% ' Inc. 3-31 4-30 5- 1 4-16 6- 1 5-14 25c Corp, 5-20 ' 10c 6- 1 5-20 81'Ac 6- 1 5-20 ,__ (quar.) 10c 6- 1 5-20 ' $50c 5- 1 4- 12'/2c (s-a) 5- 1 4-20 v i: $1.10 5- 1 4-15 5- 1 4-15 75c (quar.) Corp. 6-12 $1.06'A 4-30 50C 4-30 10c 5- 1 4-16 ' 40c (quar.)—_ 5- (quar.) I 5-14 4-20 , 4- 2 4-16 - 4-16 f 7- 1 6-18 15c (quar.) 1 4-30 15c (quar.) 10- 1 9-20 5c preferred (quar.) preferred (quar.) 6-31 6- 7 5- 1 20c (quar.)_ 4-19 4- 175c (quar.) 6-15 5-15 5 8- 2 7-19 $1 5- 1 5- 20c 7- 1 $75c 9-15 8-14 .12-15 11-15 4-16 933Ac C Ltd. (Robert), 6-30 — Monongahela Power Co., 4.40% (quar.) Monroe Loan Monsanto 1 Society, 5%%' Chemical 5- 1 4-20 5c 8- 1 $1.10 (quar.)_ Power 5- 1 4-15 ,,5- 1 4-15 343/aC 6- 1 5-26 96'AC 6- 1 5-10 $1.12'A pfd. 4-15 5- $1.20 1 (quar.) Co. $3.85 preferred series C 5c pfd. preferred B (quar.) preferred C (quar.) 4.50% Co., (quar.) 4-27 4- 5- 40c (quar.) common 4-12 6 7-20 11- 5c 1 10-20 4-29 15C $6 preferred Morrell 4-15 Plan $1.50 (quar.) (John) Morris Co. Corp. (quar.) 5c 5- 5- 4- 1 56'Ac com. 1 , (quar.) A 1 4-30 ? 12'Ac (quar.) of America, series preferred 9 4-19 4-19 Corp.— 5-31 62'Ac 6- 1 6- li 5-18 25c (quar.) 6-10 6- Diablo Mount Royal Mount Light 6- 1 6- 1 5-14 6- 1 5-14 95c $1.12'A 6- 1 7- 1 10- 1 87'Ac 1-3-55 4-20 5- 1 4- 9 $1 5- 1 4- 9 Narragansett 4.64% 20c 45c 6- 1st pfd. 1 8- From 4%% 6-19 6-14 21c 4-20 3-31 4-20 3-31 — 25c 5- 1 4-20 — 56'AC 5- 1 4-15 58c 5- 1 4-15 4-30 3-30 15c (quar.)— pfd. (quar.) (quar.) 7-15 7- 6 16 92/lOOc 6-22 6- 9 5-15 4-21. — dividend) (stock Airlines, Inc. Aviation National . Electric, 10% Corp.— (quar.) gains capital — National Casket National Chemical 6-15 1 5- $1.75 National City Bank of N. Y Co 65c & ' 7-15 2 5- 1 4-15 20c 4-30 4-14 10c 7-10 6-25 10c 10-11 9-24 10c 1-10-55 12-24 6VaC ^ 15c (quar.) 5- 1 4-15 55c Co. Mfg. . 5- 1 4- 9 4.15 - .Natlonal (stock Company Stock National 4-30 4-21 (quar.) 29c 7-31 7-21 preferred (quar.) 29c 10-31 6-30 6-25 10c J 9-30 9-25 2% dividend Department Stores Corp. (quar.)_ - , 25c 12-30 (quar.) , • 1 8- 2 5c — — 5- 5c Quarterly 12-25 4-30 5c NationalyElectric Welding Machine (quar.)^_ National-Hosiery Mills, Ltd., class A 29c preferred 2% dividend) MJeini-annual .(quar.) . 4-15 $3.50 5-10 1 7- $1.75 ,s 4-15 4-30 62'Ac (quar.) — 4-15 4-30 $1.50 . 4-30 Mills— Co., com. (quar.) preferred Corp., National (quar.) (quar.) — (s-a) Power States preferred Natco Co 120C t20c Ltd — preferred 5-10 5-10 4-10 75c — 5-31 5-31 12-15 30c M'lls, Rice Munising Paper 5% 9-15 (quar.) University 5% 6-15 87'Ac — Mountain 5-14 87'Ac (quar.) pfd. . (quar.) Vernon-Woodbury 7% 5-14 $1 2c lc Extra 1 $1.05 Co. Extra 5-18 683Ac — Mt. 5-17 -15c 8-23 10-30 7- 1- 4-21 4-21 10-20 • 6- 4 3 10-21 Class Gold 'Class A Ltd 18c A (quar.) (quar.) 4-24 115c (quar.) 1 6-30 6-15 115c class 6-30 9-30 ■ 9-15 r B (quar.) 115c 9-30 9-15 Class A (quar.)__ 115c 12-31 12-15 Class B (<juar.)— 115c 12-31 12-15 Landls (M. H.), Inc., Machine Co. $6 preferred (s-a),_ (quar.) Bryant, Inc., com. (stock 4%% preferred (quar.)— $3 25c Quarterly Quarterly Lane 1 9- 15c 1-2-55 5- 1 5-15 4-30 5- 5 25c — 8-15 8- 5 25c dividend) 10- 12- $1.50 4-30 4- 9 3' Co.— 6-15 115c 6- Class Lamston A +5c (quar.) A National Lead Mines, (Alfred), Inc., B (quar.) Class Class 11-15 11- 5 5% 4-24 56y4C 5- 1 4-12 4-15 class 6% preferred Securities National Fiscal B & capital year-end (quar.) Research Corp— gain distributions payable in cash or stock— Stock 6fc Series Speculative Series Preferred Balanced Bond $1.40 Series preferred Products, (quar.) 9 4- 9 4-26 4- 9 4-26 4- 9 7c 4-26 4- 9 32c — Stock Series "starch 9 4- 4-26 10c ————- Series Series Growth National Stock 4- 4-26 4c 5c —— 4-26 6c Series Income , 5-14 5 6-12 25c pfd. (quar.) common prior preferred 6-15 (quar.) _ Mitchell • 3-31 45c Quarterly 9 (quar.) 4% 4-20 ' 9 Mississippi Glass Co.— 4-25 1 933Ac (quar.) Corp., 4- $75c 5- 5- —. Parchment Co. & 1 > 6-15 40c 2nd pfd. 5- $1.22'/2 Petroleum & Ontario Paper Dry 4-15 Co. Rhoads, Inc., 4% % Mission 4-15 1 $10c (quar.i_ common Electric Corp., 1 5- $1.183A (quar.) Maid 4-15 5- 30c (quar.) $1.60 1 $15c (quar.) preferred & 1 5- $15c (extra) (quar.) common Corp., & 5- t$l preferred Minute 4-15 1 4-15 " 75c $25c (quar.) Extra: 4-16 5- 5- V ~ (quar.) Extension Stores Minnesota 4-15 7- 1 Ltd.-— Corp., preferred A 4-15 5- 6- (quar.) Distilleries, 7 " $1,06 >4 ——— 4.40% 7 $1.06'A Chemical Telephone Corp. (quar.) Shoe Michigan Gas 5-25 preferred (quar.)— 2nd preferred (quar.) Lambert - 4-30 (quarterly Light & Power Co., $1 pfd. Meyercord Co. (quar.) 9 $1 common Stores, Chemical participating preferred Participating 4-14 H 1 Light— (quar.) preferred Salle $$1.25 interest) $3.25 CI $1.16 8-23 $40c 1 $1.16 5-21" $1.25 : CO 6- Lakeside Laboratories, Inc.— $1.16 preferred (quar.) 4-15 6-10 Metal 4-15 5- ' 32'Ac Power and participating preferred $2.25 Quarterly Quarterly 4-15 $50c Co., City La 1 $1.25 1 $1.25 (quar.) Inc. preferred Lamaque _ 1 15c 2nd Kropp 4-15 6- (5 133Ac • 4-16 4-26 10c ; (quar.) (quar.) Cotton (M. 5- 37'Ac Quarterly Corp. 7% Co.— (quar.) Gurney Products, Ltd., $1.60 pfd. (quar.)i Gypsum Lime & Alabastine of Canada, Ltd.— Hagan 6-10 Ol $1.06 — preferred La 50C Gulf Mobile & Ohio RR.— $5 preferred (quar.) preferred 7% 5-25 ____________ dividends Mid-Continent $1.09 Kroger Company, common (quar.) 6% 1st preferred (quar.) 3 ' 5- 6-16 45c (quar.) - (quar.)_ Guardian Mutual Fund, <3 5-17 5- 25% —— Royalty ■ 3 40C Griesedieck Western Brewery 5% convertible preferred Gull 5- 4-1 160C Keyes Fibre Co., $3 class A (quar.) Inc.— Quarterly Green 5-28 5- (quar.) Refining Kimberly-Clark 3 6-15 4-12 Kennedy's, Inc., 4-10 7, 37 Vic 4-15 11-29 5- 3-24 1 11-29 1 4-23 4-30 12-11 5-28 (quar.) T rust preferred 43/<% 3-19 5- 12-11 5- 4- 50c Mexican Kellogg Co., 3'A% preferred (quar.) 3 'A % preferred (quar.) 3 'A % preferred (quar.)— 25C 7 1 30c Investors preferred Melville 20c 1 31'AC 1 62'Ac 8-30 : 4-30 a 5- i (quar.) preferred of out Mercantile preferred (quar.) preferred (quar.) 3.80% preferred (quar.) 5-25 4-30 5-14 $1 Co Co. 9 4- _. preferred ()% 4-19 4.20% 8-25 & - 3 4- 1 Co., Ltd.— (quarterly) McCabe Grain Co. Ltd., class A (quar.) Class B (quar.),,, ;__ McCall Corp. (quar.)__—————— McColl-Frontenac Oil Co., Ltd.— 1 $1.12'A (quar.)—: Testers, 4.50% 25c V 5-14 (reduced) Co.. Mfg. Mississippi Valley Barge Lines Co. Johnson, 4% Ranch Kobacker (quar.) prior paid 3 —— 9-11 11-25 $2.10 2 (accum.), 1 12-15 9 5- 5- (s-a) (quar.), 6- t25c dividend Southern Oil Kansas 4-20 5- Rubber Co. Shovel Field Melchers (quar.) Kalamazoo Vegetable Corp.— ^5% convertible preferred (accum.) Grand preferred 6- 6-15 Power Massachusetts 4% 5% 8-30 9-15 1 4- 4- (quar.) Co., 6-12 t25c 9 50c 9-11 t25c 4 4- 4- (quar.) $2 class A (quar.) 8- 1 1 (quar.) common $2 (quar.) 1 5- 1 —., $1.50 B 9- 4-19 a $1.50 (quar.) Graham-Paige 6-12 Marshall 4.80% Common 4-20 $2 I Marion 5- .___ pfd. conv. Kaiser Aluminum & 4-20 1 4-15 4-15 1 (quar.)'-i. com. $1.50 ; (quar.)_: Grafton & Co., Ltd., Class A (quar.) Great 1 1 1 6- , 6-10 5- 5- 5- 6-11 - $1.0614 5% pref. (quar.) (P. R.) & Co., 4'A% pfd. (quar.)— 5- 25c 4% class and Electric, Inc., preferred & 5% r-=%: (quar.) Consolidated Miller Quarterly 5-19 5- Mapes 4-23 5- 25c Corp., Ltd., Montana 4-26 75c Mansfield Tire & 4-26 4% 5-17 56'Ac com. 4-16 5- _ & 55c L.) Johnson Co.— (quar.) preferred (F. $2.75 (quar,) preferred . Gas Inc., Johnston 6-25 1 Corp.— (quar.) Johnson 4-19 5-28 5- 5-20 15C 5- 5-17 60c $1 (quar.) (quar.) 4.90% pfd. 5-17 5-13 4-16 Corp. 5-15 5% Mailman 1 5% (quar.) Bakeries preferred Johnson Co. RR. & Co., 4>4% 5- Ltd.— Ltd., 6% Utilities 6-15 divid.) 12-17 51c Ltd $1.75 25c class and Packers, preferred 4-30 12-30 Co. / - pfd. A (quar.),, 4% preferred B (quar.)______— Magna vox Co. (quar.) Canada— 33A% 6-15 9-17 130c of 3-23 t50c 9-30 Steel $3 Jewel Tea & Co.— class 8% Co. 4-21 6-15 Nashville (R. H.) 55c (quar.) 334% 15C Qould-National Batteries, Inc., 4'A% preferred (quar.) Grace Nickel 4-15 75c Macy 150c 1 (quar.) Lukens 6-18 $1 Ltd. $1.12'A com. 4-20 t$1.75 Holdings, 15c Co., 1 15c (quar.) (quar.) 4(4% 1 Mill Bleachery, Inc. 6-30 Ltd.— Powders, 5- 5- 5- Lowell Mallory .— Co., common (quar.) preferred (quar.) $1.25 Government Bronze 4-15 5-15 4-15 $1 pfd. 4-12 (quar.) Semi-annual 4%% 1 $2.50 Rubber Corp., Jersey Central Power & 4% preferred (quar.) 1 1 Fund Growth 5- (quar.)_ 5- $3 56'Ac pfd. & 7 $1.50 4-20 common Louisville 55c — 25C (quar.)_ 4- $1.25 —_—— 35C (quar.) Cn»odyear Tire & Rubber Co. (Canada) Ltd.— 4% preference (quar.) Government 1 4-21 Ltd.— Jantzen, Inc., common 5% preferred (quar.) 9 4-24 (s-a) & 5- 1 (quar.) common 7% 4-22 4-10 1 $1.12'A Co. Co., 5-15 5- 4% Jacobs (quar.) Co., Rubber 50% (quar.) Co., preferred preferred $5 & H.), Globe-Wernicke April' 21) State Rice J25c preferred Ironite, Southwest— 55C common preferred $4.50 the of (quar.) McBean Glatfelter 5% Co. Louisiana 50c (s-ai Shares, Jack <fc Heintz, (quar.) preferred Gladding, stockholders. preferred $5 4-15 of Kentucky (contingent on approval Telephone $2.20 1 Co. dividend meeting of General 5- 4-12 4-20 30c common preferred $4.22 50C 4-12 * 5- 4-20 15c dividend Iowa-Illinois General 5- $1.24 4-23 1 1 5- 4-22 5- McArthur Chemical Stock 8 22'AC pfd. $1.04 1 55- Maytag Co., $3 preference Interstate 2 7-22 10-22 3 preferred '• 4-15 4- 1 8- 11- 9 International 4-19 5-15 5- * $1.75 $1.75 (quar.) $1 (quar.),—— (Canada) International Paints, 87'Ac 4-16 > $1.75 preferred 5- 4-15 $$1.25 5-16 1 2nd 4- International 1 1 5- 2nd 1 3-31 ^ 6- 2nd 5-20 1 (quar.) 4-15 ' 5- non-cumul. 5- preferred $1.40 1 4 10c preferred (quar.) preferred (quar.) Louisiana Power & Light, 4.16% pfd. (quar.) >4.96% preferred (quar,)— 25c 5- 4-15 4-19 5- non-cumul. 583Ac International 4-19 > 1 1 25c 30c —— (quar.) $1 .'•< 4-19 56- Maryland Casualty Co. Co. 5-10 5-15 7-24 10-24 , 1114c 60c Co Tobacco 3-31 5-15 1 non-cumul. preferred Zinc 3-31 4-30 4-20 4.25% 1 62'Ac 1 7%i 4-14 1 Mathieson 1 37'Ac 1 9 5-24 (quar.)— 1 5- 7% 1 55- 9 5- (quar.) common 8- 11- 7% 1 4- 5- 25c 25c participating preferred (quar.) 7% 4-23 60c Finance Corp. (R. I.), com. (quar.) Preferred (quar.)____—_l—— Long Island Lighting Co. (quar.) 4- preferred 6% 2 87V2c (quar.),—,——— (quar.)—— 4- 5- 5c Shoe 5-28 6-18 at preferred Co. 6-23 5- 50c common 1 Interchemical 1 $3.50 1 50c 1 Co., 3-31 7- 50c ; Printing 1 $1.50 / *4-8 Lincoln 5- $1.37'A (quar.) (quar.) Public 5- 6-15 Link-Belt (quarterly 10c from ordinary income and 15c from se¬ curity profits) 4-8 5-15 1 5-17 4-30 > (Fort Wayne)— ————————— 5- International Special General 1. 7- quarterly Quarterly 6-15 5- (Greenville, Quarterly 4-15 Co. 53'Ac International (quar.) 4-15 3 RR.— Institutional Advertising Co.— preferred $5.50 1 5- 3 5- 6 preferred (quar.) 6% 8 933Ac 5- 7 4-20 50c Co. > 9 4- 1 25c Lincoln Nat'l Life Insur. 4- . preferred Increased 4- 4-19 15c Insurance 55'Ac Institutional 9 $1.25 (quar.) 4% General Motors Corp.— $5 4-13 4-15 4-20 50c $1,121/2 (quar.) (quar.) 1 3 30c ; — preferred (quar.), (s-a)—_— Co., common (quar.) preferred (quar.)— preferred (quar.), preferred (quar.)———— Ingersoll-Rand 3-19 5-25 8c (s-a) 4-26 $1 (quar.) Inc. 5-13 C.) 1 Power 4.70% 5-13 .e:.: 1 S. 4-15 40c Corp., 4'A% Life 1 non-cumulative preferred 4.08% 6- $1.75 General Finance Corp., 4% preferred General Investors Trust (Boston) 6% Illinois 6-15 25c (quar!) 4-24 5-15 pfd. (quar.) Ltd Bros., 4-20 30c (quar.)—— 4-30 Lewis 5- 50c (quar.) 2 5- Leslie Salt Co. 4- 4-30 5- (qu|ar.) 8- 4-30 12'Ac 9 4-30 5,-15 Stores $1.25 5- 20c 4-15 Lerner $1.25. 8-16 20C 5- 96 Vac 10c 5-15 $2.20 4-10 9 5- (quar.)—._ common common Co, 4-26 ; 4- 4-30 25c (quar.)— 2 4 % 4-15 10c Co., Lehigh Valley RR. Co. (quar.) Leighton Industries, class A $15c (quar.) preferred 1 4-20 12'AC (quar.) 4- Froedtert Gabriel A 5- — Lord Baltimore Hotel— (quar.) (quar,), Idaho Power Co., 1 4-15 20c (quar.) preferred 5- (James) & Sons, 3.85% 15c preferred Hydraulic-Press Brick Co., Hygrade Food Products Corp.— 4-15 4-19 preferred 5% 4-16 1 J25C Corp.,- common (quar.)_ preferred (quar.)—: Co., 5% preferred (quar.) C 4-15 75c (qfiar.) 5- 53'Ac — (N. Y.) (N. Y.), 5% (quar.) Extra (Joseph) Co. 4-30 50c Leece-Neville Liberty (quar.)—, Y.) Co. 30c Extra 2% stockholders 4-15 (quar.)————— preferred 4-30 $1.25 (quar.), (quar.) of 4-15 4-30 Lee Rubber & Tire Corp. Lees 4-15 4-30 25c 4- 1 A tl 5c $1.25 (quar.), preferred 5% tl5c Co. (quar.) of Canada, Ltd. Co. 12% (annual) 9 class 4-26 933Ac Houdaille-Hershey Corp., common (quar.)— Houston Lighting & Power, $4 pfd. (quar.) Hussmann Refrigerator Co. (quar.), — Huttig Sash & Door Co.— Wallace— & (N. Inc. Hardart & 4% — 1 meeting to be held May 19. 75c (quar.) Co. 4-15 $1.20 3-26 5- Ltd., 4-30 (quar.),——, preferred 15c ———. approval (s-a) (Newark) Flour Forbes to 4-23 45c When Payable of Ree tl5c B 5% 6 Acceptance, 30c preferred (quar.) Holden Mfg. Co., Ltd., class A (quar.)—_— Holly Sugar Corp., common (quar.) 5% convertible preferred (quar.) Holt (Henry) & Co. (stock div.) 4-10 4-30 4-15 $1.25 5% Inc.— 5-, 1 25% (quar.)—,———.— 5% preferred (quar.) dividend 4-16 56'Ac Co., 5% preferred Co., common Mfg. Stock 9 $1.06'A Rubber & 6-15 — preferred (quar.) Fidelity & Deposit Co. of Md. (quar.) Firestone 1 1 15c preferred (quar.t Fibreboard Products, 6% Insurance 710- $35c 4(4% Firemen's Powder 5-10 683Ac Chocolate Corp. preferred A (quar.) Mfg. Co.—i,———————— S3 Co. (quar.) Mfg. & Engineering Corp. (quar.) Paper Board, preferred (quar.) Federal preferred 6-11 4-30 $3 34'Ac 40c (quar.) common 4- Class 3-25 4-20 3% (quar.) Company, 1 ' Federal preferred 4-29 $1.50 common— on — Co.— Quarterly —— Quarterly' —— Farrington Mfg. Co., 5'A%• preferred (quar.) Federal Grain, Ltd., $1.40 pref. (quar.) Laurentide Hart, Schaffner & Marx (quar.) Hartford Electric Light Co. (quar.) Hartford Fire Insurance Co., stock dividend Hat Corp. of America, 4 'A % pfd. (quar.) — Hayes Industries, Inc. (quar.) Hayes Mfg. Corp. (quar.) Hays Corp., 5% pfd. (quar.) 5-15 25c Insurance Life 1 18 it C (quar.)— Co. 4-14 5- $1.50 (quar.) Fairbanks Co., 6% preferred (quar,)— Falstaff Brewing Corp., common (quar.) 4'A% preferred (quar.) Fanner Inc., 4-27 35c Products Co Evans dividend 6% Holden Per Share Name of Company Payable of Rec. Refractories- Harbinson-Walker Stock Share of Company Monday, April 19, 1954 ... Holdert When Per Name 4-20 15c (reduced) & Steel Corp., com. preferred (quar.) preferred (quar.) When Share Name of Company Erie Forge Financial Chronicle The Commercial and (1766) 4-26 4- 9 35c 5- 4-30 Inc.— 1 Number 5317 Volume 179 The Commercial and Financial Chronicle ... Per Share Name of Company 10c Co Mfg. & Tile National 75c Naugatuck Water Co. (s-a) Co., 4'A% preferred (quar.) Neisner Bros., Inc., .4%% conv. pfd. (quar.) Neptune Meter Co., common (quar.) preferred $2.40 New Inc. 4-19 Per 5- Name of Company 4-15 1 Rice-Stix, 4-16 5-15 5- $1.183/4 5- 37 Vic 5c 1 ' New N. Corp.— (initial) common State Electric Y. Common — $1.75 7- 1 6-15 $1.75 7- 1 6-15 1st preferred (quar.) $1.75 10- 1 9-15 2nd preferred (quar.) $1.75 10- 1 9-15 30c 5- 1 4-20 Technicolor, 933/4c 5- 1 4-20 Teck 28c 5-1 4-12 Tennessge 50c 6-14 6- 4-30 7% Rich's, 9- Inc., common, preferred (quar.) '33/4% 1 Brand Riverside $1.25 (quar.) Who ; 5-15 4-15 Rice 4'A% preferred preferred $4.50 preferred 33A% N. (quar.) Co. 1 6- Robbins 4 7- 1 6- 4 933/4C (quar.) 7- 1 6- 35c 5- 1 & Myers, 93 %c 5- 1 4-15 Carolina Northern RR., (quar.) Northern Pacific Northern RR. Common guaranteed <5-10 8- 7-21 1 Oklahoma Natural 43/»'a* 6- 1 Common 5% 5- 1 4-16 4- 4-30 non-cumulative Aircraft Building Co., S. W. Foods, & 4% A 3-31 5- Fine Okonite Oliver Co. convertible 7% j Otis 4-15 1 4-15 St. Lawrence 1 4-15 St. Louis-San 1 5% 5% convertible San 4-30 San Miguel 4-30 Scarfe Co., $1.12% (quar.) 5- 1 4-16 4-30 & ; 4-15 5-15 4-15 t$1.75 5-15 4-15 62%c 4-30 4- 5- 4-21 t25c (increased ___ . $1.25 . 1 5%% 5%% 5 4-26 4- (quar.) $1.25 5- 1 4-15 ■ 31'AC 5- 1 4-15 $3.40 5-15 4-20 $4 Pacific Lighting Corp, ( (quar.) _ — Mills, 8% preferred (s-a)_-_ Pacific Power & Public Pacific Light Co., Service 5% pfd. 25c 50c 5- 1 4-16 Seaboard 5- 1 4-20 Selected 32 Vic preferred (quar.)_. Machinery—i. common (initial quar.) 4-15 4-30 New Packard-Bell Pacolet Park convertible Parke, 6% preferred Penn Fruit 4.60% 5% Co., preferred $4 * 2nd 6-10 4-25 5-15 4-25 33c 5-15 4-25 5-15 4-15 t$1.50 preferred 12'Ac 6-15 6- 1 1 (quar.)/. - $1 (quar). i $1 preferred 7- 1 1 $1 (increased preference 4.68% preferred preferred 4.40% 4.30% 6- 5- 1 4- 1 4- $1.07% 5- 1 4- 9 95c (quar.) 5- 1 4- . 4% preferred Phoenix 9 Pioneer Co.. Petroleum Pittsburgh Pittston Plate Co., 5V2% Edison 3.60% * 4.70% Service Public 4 4'A% : 4.20% 4'A % 1 4.32% 4.90% Fund, Putnam New - Reece Reed $2 A.) Reed-Prentice 5% class . 5% 40c 5- 1 Reliable Fire Reliance Renold 6- 1 1 6- 1 Insurance & Republic Aviation Natural Warner & Warren Bros. Resistoflex, 5% $1.06'A 5- $1.10 5- 1 5- 1 4-23 3-31 5- 5 4-30 5-25 4-15 2oc 87'Ac 4-20 1 5-24 4-15 1 6-14 7- 5% preferred Sterchi Stern of 4-23 3-16 tlOc 5- 1 5- 1 35c 5- 1 4-26 50c (quar.) 4-30 4-21 +28c a (increased) 7- 4-15 4-20 75c 6-15 4- 4-30 ~ (quar.) preferred - 35c 12'Ac (quar.) 9 4-15 4-15' 4-10 *4-261 Common class Tobacco, B common 5-'"l (quar.) 60c (quar.) ; ._ 6- 4-22 6-10 60c 6- 5 . a 5% 8-31 .12-10 1 4-15 5% 11-30 156 'Ac 5- Pacific preferred preferred preferred preferred 5% 5-28 9-10 6- 1 5-20 5- 1 4-15 4-20 4-10 7- 1 6-11 6-12 5-24 5% 1 4-14 5- 1 4- 5- 3 4-15 60c (quar.) A 5-18 5- 7 tl2'/2c — 6-15 6- 1 (annual)- Class B 3-31 8- 4 5- 1 4- 9 5- 1 4- 9 5- 1 4- 9 6-30 6-13 8-14 ; • $2 Sewing 2nd 37j/2C Who 20c 9-30 12-31 12- 5 1 4- 7 5- 6-11 9-15 5-28 Monthly Sunrise Co., 4>/2% 7- 25c (quar.) 1 20C 4-13 5-1 (4-19 5-15 4-30 5-15 4-30 12 %C (quar.) 4-23 31'AC — 25c 40c (quar.)__ 4-30 Swift Wisconsin & Co. 1 4-15 (quar.) 8- 2 7-15 $1 11- 1 10-15 $1.12% 5- 1 4-12 (quar.) Corp. (quar.) 12 %C (quar.) 1 4-15 Investment 5% 3 2 11-15 11- 1 $1.25 2-15-55 2- }12'/2C 4-30 4- 9 4-30 4- 9 $1,433/4 5- 1 4-16 $1 (quar.) (quar.) 5- 1 4-16 50c (quar.)— 5- 4-20 5-29 5-20 $1.50 (quar.) Who (quar.)_ common preferred (quar.) 4-j20 4- 9 (quar.)__ 4-15 (quar.) $1.11 5- 1 4-15 5- 1 4-20 pfd. 25c 4- 9 25c Gas 7-20 5-15 4-30 4-30 4-10 ZVhO 4-30 4-10 7-31 7-10 1 4-15 50c 5- 122Vic 131 Vic 5- 1 4- 1 5- 1 4- 1 137 Vic 5- 1 4- 1 (quar.) not 2 ZVho (increased) (quar.) (quar.) books closed * for this dividend. U. S. funds, less 15% Canadian Canadian funds, tax deductible resident tax 15%; resident tax 7%. fPayable in JPayable 6-18 8- IOC Zeller's, Ltd., common preferred preferred 5-20 1 20c preferred (quar.) convertible preferred (quar.) County 1 7- 25c (quar.) 6- 25c —————— in 5- 4 a Less 1 6- 1 x Less Jamaica 1 9- 1 j Corrected 1-2-55 12- 1 non-residents tax. at the source. Non¬ British income tax. 7- 10- • 50C 5-14 50c - 4-15 1 4-30 (monthly) — 25c (quar.) 5-28 1 pfd. (accum.) 4.44% 20c (quar.) 4-15 6-19 $1.50 convertible •Transfer 4-30 5- $1.26 Corp., 6% Co. 6-18 4-16 5- (quar.)— (Wm. Jr.) 6-26 4-30 $1.25 — Elec., 1 investment 4c preferred 4-19 5-15 4-30 11c pfd. (from Co. 5-1 15c — (monthly) 6% Service, Public 1 11c (quar.)_ Yellow Cab Co., common 6% 3" 5- Monthly 5% 5- Corp.— Power, Wysong & Miles Co. 6% 5- $1.25 common 4J2O 50c Quarterly 4-15 4-19 8- income) Wisconsin 6% 5- Super Mold Corp. of Calif, 1 8-16 * Eelctric York $1 Corp. 5- 4-28 $1.25 4-15 $1 Supermarkets Superior Steel (quar.)__ (quar.) preferred 9 5-17 — —— Wisconsin Wrigley 1 Service— preferred Oil 8 4- 5-17 ■ 6-17 2nd $4 Sun 4- 1 75c Monthly preferred 4-20 5- $1.25 <quar.)_ common Winn & Lovett Grocery Co. Monthly. 2nd $4 4-15 4-23 4-23 l*. Ltd., class A Rubber Bros. 6-17 Electric 1 8 4-14 5-10 $1.99 '/a Co., preference prior Whitehead 5.04% j preferred 5- 4- 5-10 — Machine 7- Suburban 1 $1.06 V*- £— White 25c Corp. 5- 4-16 Foundry— 5 Inc.— Spring 5 4-22 45c 4-3C 5-20 5- $1.12% — — (quar.) 15C Stubnitz-Greene 9 4-23 62'/2C (quar.)— com. 7-16 4- 15c 5- 125c (quar.) Corp., common preferred (quar.) 2 25c (quar.) Co. 5-15 $1.25 Wells 8- 4-16 4-20 25c Westminster Paper Co., County Struthers 3 30C — Wheeling & Lake Erie Ry., 4% prior lien (quar.) $1.25 (quar.) 5- $4.50 - (quar.)—.. 9 $1.25 common 1 35c (quar.) Corp. (quar.)— Corp. 4-15 1 5- 112 Vic A Sherman Container •: 5- 35c (quar.) pfd. 4'/3% 4- Inc. preferred 4-26 10c (quar.) (quar.) (quar.) (quar.)— A A A Worcester Camp, 4-17 5-15 62 y2 C — (quar.)— preferred (quar.) — RR. Witherbee (quar.) 2 1 5- 37'/2C 4-20 5-14 5 4- 5-20 $1.50 (quar.)—_ $2.50 class A (accum.) 1 10c 4-15 . 1 $1 (s-a) _. Inc Strawbridge & Clothier, $4 Co 12- 12-15 4-15 - 1 1 t75c (quar.) 4-19 & 4-2 1 5- $2 Condensing 6-14 P.) prior Stone (quar.)_ 9-15 4-20 ""4-20 preferred 1 Common 5% 1 Michigan Steel 7% 4-30 Stokely-Van 1 West 7- 4-15 1 1 110c (quar.) Textiles, 5- 6- 22y2c Corp 50c 4-30 5- Chicago 56c 5-13 5- 4-13 45c — ; preferred Co., (quar.) (quar.) Co. 5-15 5- 1 37'/2C Gas Light (quar.) 50c 50c (quar.) com. class 7% 5% (J. 37 %c 25c Co., preferred Stevens $1.25 10- 115c (quar.) Stores, & Stern 4-23 ! 5- 62>/2C Co Swasey Kentucky Coal Western 6-15 25c Lithograph Canada, Ltd. Bros. 1 (quar.)_ 1 12'Ac preferred (quar.)— 5% Steel Co', 5- , 4-13 25c (quar.)_ 12 %c (quar.) , preferred 37'Ac — 4-30 1 lie 5% 4V2% //?»- - (quar.) i-. Quarterly Stecher-Traung 3-23* 5- Corp. 4-15 5-31 5- 75c (quar.) Co., 15c Stanley Brock, Ltd., class A (quar.) Class B (quar.) 3-23 4-20 tl5c (quar.) , pfd. Co. Starrett Corp. ,4-20 15c < 3-31 4-22 7- 10c Additional 4'A% 5-15 15c (s-a) common West 4-15 10c 1— Ltd., Y.) America Co., preferred Webster 4-13 1 25c Cement : Silica 5-15 1 25c Standard 4-22 55- 25c Co., 4-15 4- 15 Western Insurance Securities 5c 56'Ac Quarterly Quarterly Products 2 4-12 1 4-30 $10c preferred (quar.) 5% Ltd., preferred Western Fuel 5- t37c (quar.) A (quar.) (N. Pictures. $4.25 4-20 Standard Co., Washington 4-20 (quar.)__. $1.15 Standard 20c (quar.)___ (quar.) 5-14 class 4- invest¬ (quar.) (quar.) $4.50 (quar.) 5-14 t30c of Calif, conv. 5-14 1 preferred ' Reynolds <R. J.) 6- Co.— *, preferred 5-14 _a00%^vr6»30 Co. 4-30 7-12 preferred 1 (quar.).. dividend Republic Supply £-15 7-15 33c (quar.)___ Co. (quar.) 6- 35c (Ohio) Co. 30c 50c 5-14 net 4-20 1 5-10 50c 87y2C $6 preferred of Railroad Wabash & 1 5- t35c (quar.) (quar.) pfd. Detinning Co., Bros. 1 $1.50 common 6% Vulcan Walker 1 41c (quar.)_i v Warner 6- 20c Engineering Gas 4-15 1 5-14 Portland 4-20 4-20 5-15 35c Co., preferred preferred 8-13 6- t25c Corp. 4-20 6% 6-15 Additional — 5-15 5-15 87y2C Oil Corp. Mfg. 9-15 6- (from (quar.) Viceroy 62 %C 50c (quar.) Electric 5-15 5- *50c $1.20 Spokane International RR. Co. (quar.) 5-14 4-20 preferred (s-a)—.— TobaCco Southern 62 %c Spokane 11-15 5-15 Virginian Railway— Investments & Securities, Inc.— Common (quar.) 4'/2% convertible preferred (quar.) 5-14 11-26 5-14 5-14 Special 5-14 6- 25c 5 $1.75 Camp Sea Food Co. (quar.) 305/aC Coventry, Ltd., class A— Republic Stock Ltd., 1 1 4.40% 4-15 15c 'Canada), 6- 6- 4.60% 4-12 Corp. preferred Vanadium 1 25c 4-20 1 5-15 $1.12 y3 , 4 -6 4-20 - Previous • 8-16 4- Ltd. Corp., Leaf (quar.)__ $1.25 Reitman's 5-14 6- 34c 26 ^C 1 (quar.) A Van 4.25% (increased) preferred class B Co., Utah 3-31 — common (Mass.), Corp. (C. 4-16 5-14 4-12 (quar.)__.;: participating 1 4-20 5- 12-28 4-20 10c 8% United Transit Co., 1 4-20 8 9-23 37y2C Co. 4'A% Corp., Universal 4-20 4-12 6-23 1 8-25 Ltd. (from A preference United Stores 4-20 4- 1 1 25c (Pgh.) Steel class 4-20 T class A 6% 5- 1 1 5710- $1 common Co., 6- 1 5- 4-26 4-12 1 5-25 — Rubber 37'/2C 5- 4-19 Co. preferred 27c Inc. S. United Co., Ltd.— Service 5-14 5- 92V2C Ltd., Insurance Glass 16y4c (quar.) 5-1 of Inc. % 5- (quar.) Company, ":•••= (quar.) common 5-14 5-14 1 " common Insurance 8 6-1 4-15 (quar.) U. S. Lines Co., 1 92'Ac (quar.)_ Concrete Pile— (initial)— Rayonier. 4- 97'Ac $1.05 common Reading 3 $1,033/4 ■ Raymond U. U. S. Fire 4- 4-28 1 1-5-55 (s-a)— 5-14 S. 1 9- 1 12- 6- 6c preferred 4-12 U. (quar.) pfd. Fund Co., 3 (quar.) $1.06'A Boston Envelope 7% 9-10 12-10 25c — California preferred S. 5- 50c 6% of 6-15 (quar.) 90c 6- 31 y4c & preferred 87 %C of 6% U. Ltd.— Quarterly 3-31 4-30 6-10 , Missouri— Canada of 5- preferred America, common <quar.)__ convertible 1st preferred (quar.) $3.50 t45c preferred preferred 4-20 of (quar.) non-cumulative Public 4-15 5-15 7j/2C Tool, class A (quar.) Class B quar.) United Shoe Machinery Corp., com. (quar.) 4-15 3.90% ,— Milk' Products. Ltd., Corp 1 3.70% common com. Quarterly Distributicm Shares, fladio 5- 4.15% . Quinte 25c 1 $1.12% income) Co. (quar.) B Drill non-cumulative Common 4-12 633/4C (quar.) Corporations, Class 4-20 (quar.)__. Drug, 1 4-30 183/4C — income) United Railway Co. Southwestern (quar.) (quar.) Continental United 4-20 4-30 9 $1.17% Inc.— Power 4-30 4- Quaker Oats Co., common 6% preferred (quar.)_ Quebec 4-30 4- ____ Colorado, Fund 4-20 4c 4-12 5-1 20c (quar.) (George) investment . 4-14 4-30 6'Ac Sound Power & Light Co. Puget Puritan 4-24 1 65C (quar.) Co. of Indiana, preferred (quar.)___ preferred (quar.) preferred (quar.) 3V2% 4- 9 40c (increased) Life 5- Corp.— Cigar-Whelan Stores— preference (quar.)_ ment 4-:a $1.37% .—_ Service Public 1 4-26 (quar.) preferred (quar.) preferred (quar.)___e preferred 1 5- 4-30 35c (bi-monthly)_„_. of 4- 5- 10c 25c 17'Ac (s-a) (quar.)_— Co. 4-15 J35c (quar.) common Power Southwestern Co.— preferred preferred Canada Southwestern 2-24 Co (quar.) Pocahontas Fuel Co. United • Co. Oil 5% 4-15 Co. Co. 5% 4-15 1 4-25 (quai\)_____ common preferred 1 5- 'Ac ,. Co., prior preferred Glass 5- $1 - common Plymouth Cordage Co., common Employees stock (quar.) Potomac 97'Ac . (quar.) Glass 4-12 5-25 $25c Ltd (quar.) (quar.)_ preferred Southern 9 (quar.) 4-22 19c convertible preferred (quar.) preferred (quar.) Common Philip Morris & Co.— 3.90% preferred (quar.) 10c Southern Indiana Gas & Electric Co. 9 5- $3.50 $30c (quar.) com. (init.) preferred Southern 2 6-30 25c 3-29 5 2 $1.10 (quar.)___ preferred 6- 6-30 Union 6- 4-26 30c Petroleum, 9-10 $1.17 £ (quar.) preferred 3.80% 45c (quar.) common ' . ." 1 6-15 5- 4(4% Line (quar.) Ccrp. preferred United (quar.) Water Co., 4-20 4-30 7»/2C Gas 12c 5 4.80% quar.) Union 65c Calif. Philadelphia Electric Co.— Common 4-17 4- 4% 12-10 10- 1 4- 5.44% 6-11 1-2-55 5- (quar.)L. Calif. 4-30 5-15 7%C Radio Electric 50c . A Southern 9-10 Pipe (quar.) (quar.) preferred $3.50 preferred (quar.)— $1 Southern 4-20 37'/2C Gas preferred 4-17 4-30 4-16 6-11 $4 1 4-30 4-20 12-10 (quar.) Co. (N. Y.) (quar.) preferred $4.50 5- 28c 1 $1 5-14 50C 4-30 — 1 28>/2c 5- 4-30 $1.14 -——— Union . 85C Mills, Edison, 35c 1 7-20 5-14 6- " 4- preferred 1 2 1 Inc preferred 4- 9 17V2C Products Co., $1.25 pfd. (quar.) Trinity Universal Insurance, com. (quar.) — Quarterly Quarterly 4-22 4.48% 7- 4-20 1 4-30 4.56% 10- 5- 5- 3 5-14 9 1 $1.06 Y* Treesweet $1 4-15 1-2-55 4-20 8- (quar.) Sugars, 1 $1.12% 4-15 3-31 1 $1.12% 1 5-10 $2.55 4-30 Calif. 4- 5- 50c Quarterly Quarterly t50c 6- $1.12% 5- Co. Trav-Ler $2 50c (quar.) 5 4-15 3-31 5- (quar.) 1 4- 1 4-30 $1.06 (quar.) 5-15 6- (quar.) $1.06'A pfd. 5- 4-20 5- *25c Southdown preferred Transcontinental $1.07 M» preferred Paper (quar.) preferred (quar.) 9 1 — (quar.) Trade Bank & Trust preferred (Howard) Southern (Los Angeles) (quar.)__ Trane ; > common 4- 5- 5% stockholders) of common 1 income Corp. O.) Co., preferred 1 6- Common 5-20 (quar.) 2nd (A. Smith' 5-20 6- " preferred 2nd $4 Smith Edison 4.25% 1 50c Del. (quar.) Shares, Inc.— Ltd., 1 10c $3.70 Corp. (N.), 1 57'Ac ' (quar.) preferred $4 4- 1 Oil Slater Toledo 9- JlOc (quar.) $1 4-15 5- 50c 12- 9iy*c v preferred 5-14 4-30 — ; 9-15 27y2c > (quar.) 5% (T. S.), approval 6-15 62y20 (quar.) (quar.) Quarterly 2 1 60c Quarterly 6-11 4- 6-15 27V2C participating preferred Simms 5-20 (quar.) Co. 5- 62'Ac Gear Cement 1st 1 5-15 75c * $4.50 7- 32%c „ Philadelphia Dairy Products Co.— $4.50 1st preferred (quar.) $4.50 1st preferred (quar.) . 4-12 1 4-23 J20c (quar.) (quar.) Machine Co._ Ltd., preferred $1.25 of convertible $1.20 4-30 (quar.) (quar.) & 7% Sinclair (quar.)... Machine Permanente 6-15- 7- 9 1 91 Vie (Stock Div.) 12-15 (quar.) Sibley, Lindsay & CunrGSo. (quar.) Signature Loaa CmrJ&sc.,"class A (quar.)_ 9-15 3-12 14c Corp. of America, new SherwiO'-Williams Co. of Canada, Shirriff's, 12 25c Pennsylvania Power Co., 4.20% 4.25% preferred (quar.) Perkins 1 1 45c (quar.) Inc., common preferred 710- 1-2-55 quar.) common Falls 1 80c Sheraton .. 4-30 2%c (quar.) Ltd., V 5-14 35c preferred (quar.) preferred (quar.) $1.30 $1.32 6- Co.— (increased preferred Penman's, * 2%c 2 Vic „ , Telephone Common $1 < 5-10f. 7 Vic/ Davis & Co Peninsular , 4-9 5.-17 25c (quar.) common (quar.) preferred (quar.)_ preferred (quar.) convertible 5% v 5-20 4-26 $1.50 - convertible preferred 5% ' 1 •V/ 25c — «_ Co., Co. 4-15 15c — (quar.) Fiber Glass $1.25 (quar.) Shawinigan Water & Power Co. (quar.) (quar.) Co. Chemical 5 % * Co. Mfg. Oil to 5- 5- $1.14 — (quar.) Title Insurance & Trust Co. Co. investment Seneca Package 4- 5- $1.25 (quar.) A American From 1st $1.30 A (quar.) (quar.) preferred $3 Co.— 4-10 $2.50 Ltd. 5-15 1 25c (quar.) (quar.) (H. I.) 4-24 6- $1 Mfg. Co.— preference Co., (Subject 4.56% preferred $1.25 —- (quar.) Cummins preferred 4.30% preferred Scott Paper Co.— (increased) Fiberglas Corp. Corp., 4% pfd. preferred- (quar.) Transit preferred A Mfg. Co.— Pacific 5 4-30 t50c Brewery 3.65% Owens-Corning Finance preferred preferred Scovill 2 4- 5 4-26 t$1.06 Co., Schwitzer 5- 25c Ltd., class A (quar.) Class B (quar.) Schenley Industries, Inc. (quar.) Ltd.— (quar.) Co. 4-30 5-14 Thrift Stores, Thermoid Francisco Antonio 5-14 5-14 30c Thompson 4-15 $1.50 Corp., Ltd. 4-14 5% 4-15 4-26 50c 4-15. 611/2C preferred _ (quar.)__ 5- 593/aC —_ Company Pacific preferred 4-30 4-15 4-30 1 50c 4-30 common preferred (quar. $1.25 (accum.) 37 V'2c (quar.) 4-30 $5 4-16 6- $1 Inc.— 20c Co., Products Elevator Outlet 1 5- 50c 4'A% Steel Common . preferred 4-15 Glass $1 (initial) 5c 6% preferred 4-27 $1.21 pfd. convertible 25c . (annual) common (quar.)_. Ry. convertible preferred A (quar.) convertible preferred A (quar.) (quar.) Corp., Ontario $2.40 Safety Car Heating & Lighting Co. (quar.)_ Saguenay Power Co., Ltd., 4'A% pfd. (quar.) 5- 25c (quar.)_ new 3.65% Thatcher 6-15 15c $4 preferred (quar.) Thalhimer Bros.,- common Co.— preferred Corp., Russ 4-15 4-20 (quar.) J Pittsburgh Coal (annua)) i Royalties Management 2 4-23 $1.50 & $1 4-15 1 "> Inc & Light, $4.56 preferred (quar.) $4.84 5-14 Rohr (quar.) Gas 5-14 $1.02 Vz 9 — preferred A (quar.) preferred A (quar.) 4.92% 1 $1.02 y2 preferred Rochester 4-16 75c Co. Class Co. 6- 9 5-14 37 Vic (quar.) (Minn.) Electric 4- 5-14 3- 20c Co. & 4-24 56c 10c Shoe Power 1 1 Extra Gas Industries, Texas 1 25c Oklahoma Texas 6- 5- <quar.) Nunn-Bush 5 5 6- 4-23 (quar.) B 66- (quar.) 10c Class 6-15 6-15 $1,133/4 20c (quar.) Ry. (quar.) Hampshire) Northwest Engineering 40c 5- 40c (quar.)» 37 V2C (quar.) Corp.— 5 4-23 27c ; 4- t5c (quar.) Ltd.— Products & Chemical Corp Texas Illinois Natural Gas Pipeline Co.— Common (quar.) (quar.) preferred 1 preferred series F (quar.) 43/4% series I preferred (quar.) 4.10% preferred H (quar.) 15c preferred (accum.) common Electric & A 4% 4-15 $3.50 (s-a)__ (quar.) common Power Common 1 6-15 25c (New States Northern 6- 20c Works Corp., convertible $1.50 7% Engineering Illinois Northern 4 Gas preferred 5 2 5-15 20c (quar.) Gold Mines, 4- 7- 20c Inc. Texas Electric Service, $4 preferred class participating Rochester (quar.) convertible 2 t2c 1 , Hughes Holder* 7- 25c Extra 4.32% When Payable of Rec. }4c Talon, Inc., 4% preferred (s-a) Taylor & Fenn Co., common (quar.)_ Co.— 4.10% pfd. (quar.) Norfolk & Western Ry. Co.— 4% Adj. preferred (quar.) Share Corp. Niagara $1.50 . - 4-16 . dewberry (J. J.) Co., 3%% North 7- (quar.) Cloth Wire Y. series) (quar.) $1.12 Vi $1.12 y2 (1949 ! Mills, Inc. Cement participating * * Per Sylvania Gold Mines, Ltd. (s-a) (quar.)_ 4-30 51 Share Name of Company 4-15 preferred 4-20 9-14 1 preferred (quar.) River $1 5- 1st Corp.— & Gas 50c 2nd 5-15 1 Holdert 7% . 5- 5-15 (quar.) common , Payable of Rec. 7% 1 York Shipbuilding (quar.) Inc., When Share 7% 4-15 60c (quar.) Co., Merchandise York Holdert Payable of Rec. $1.06'A Neiman-Marcus New When (1767) income tax. h_— payment or holders Dublished dates of record dates -are reported hern. were incorrect. '-w: 52 (1768) Commercial and Financial Chronicle... Monday, April The 19, 1954 STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS r ;fT Bond • Juran ALABAMA Decatur, Ala. and Warrant Offering: • — City Clerk, will receive sealed bids until 2 p.m. (CST) on April 20 for the purchase of $302,- 000 bonds and warrants,as follows: May 1 from 1955 to 1964 C. N. facility Eastern (P. due after are Nov. inclusive. 1964 in War¬ and callable there¬ of as May obligation bonds, 1 approved Bradley, Arant, Birmingham. All from 1958 to 455,000 water White, Hose, oi The bonds 1954* ARIZONA I, $22,000 build- ;>;■ ing bonds offered April 8—v. 179, p. 1314—were awarded to Refsnes, Ely, Beck & Co., of Phoenix. 1964. Williams, Ariz. Offering — Frank Bond Town Clerk, will Treasurer's America Wolfe, receive improvement bonds. 1, 1954. Due 1955 to and interest the 1964 Town inclusive. (A-O) of May as interest District office; at the Bank of National Trust Los Angeles; at or igency of the District New York or >f Los Sav- & any fiscal in Los An¬ City. Legality Angeles. Fallbrook May 3 sewer April 1 from Principal payable at Treasurer's office. Le¬ gality approved by Gust, Rosenfeld, Divelbess & Robinette, of Phoenix. CALIFORNIA Alameda County Flood Control and Water callable and sealed Dated April on 1965 Association in San Francisco ngs or in 1, approved by O'Melveny & Myers, bids until 8 p.m. (MST) on for the purchc-se of $30,000 , on May Principal and payable at the ^M-N) gles • Due dated due are , Sale—The May inclusive. bonds. are Bonds .hereafter Maricopa County School District fio. 59 (P. O. Phoenix), Ariz. 1964 on May 1 from 1963 to 1983 incl. by & for general follows: as >95,600 water bonds. Due 1, 1954. Conservation District Union Sch. Dist., San Diego County, Calif.. Sale—The $125,000 build¬ ing bonds offered April 13 — v. 179, p. 1524—were awarded to Bond a group composed of the Bank of America National Trust & Sav¬ ings Assoication, Dean Witter & Co., Lawson, Levy & Williams, Stone & Youngberg, all of San Francisco, Fred D. Blake & Co., Los Angeles, and C. N. White & Co., of Oakland, at 100.10, a net interest cost of about 3.08%, as follows: Sale—The $990,000 flood syndicate headed by the Bank of America National Trust & Savings Association, of San Francisco, as .follows: >20,000 5s. net a interest1 cost due inclusive; $18,000 3s, due May 1 from 1960 to 1965 inclusive; $18,000 3V2s, due on on i" May • . fjy 1 from 1966 to 1971 in- elusive; $21,000 3%s, due on May 1 from 1972 to 1978 in¬ clusive; and $18,000 4s, due on May 1 from 1979 to 1984 > . inclusive. 600,000 . v Associated & Inc.; No. interest net a bonds 3 cost about 3.09%, as follows: 000 5s, due on May 1955 to 1964 | 3%s, due • to to 1979 000 from May 1 from 1965 inclusive; $220,000 May 1 from 1969 on Zone 100.11, May 1 from on No. bonds at interest net a 6 cost of about 3.04%, as follows:$120,- - 1 000 . 5s, 1955 000 about due to 2.88%. works bonds 179, v. offered April 12 — 1654—were awarded to p. group composed of Blyth & Co., R. H. Moulton & Co., and Wil¬ liam R. Staats Becker & Co., Angeles, at 100.12, cost of about net a 3.02%, $60,000 3V2S. Due all as of Los interest follows: May 1 from on 1956 to 1960 inclusive. 240,000 3s. 1961 Due to 1 at his office 3V2s, due in San Diego County, Calif. Offering—R. B. James, County Clerk, will receive sealed bids 1952. to Fresno until to 1979 inclusive; and $50,000 IV2S, due on May 1 from 1980 1 from 1955 to 1974 and interest the County (J-D) payable at Treasurer's office. to 1984 inclusive. Other members of the syndicate American Trust Co., Blyth & Co., R. H. Co., San Francisco, Harris Savings Bank, of Chicago, & Co., Weeden & Moulton Dean Witter & Co., Merrill Pierce, Fenner & Beane, & Co., all of San Fran¬ cisco, William R. Staats & Co., of Lynch, J, Barth Los partment water fered were Youngberg, all of San Francisco, < f I 1 . i. i 1. ( / f . • ( i f . 1 > jl i t :1 Z •iiId ■ Water and April 14—v. awarded 179, to Power bonds revenue a p. Co., of Philadelphia, net as interest cost of follows: of¬ 1524— syndicate at 100.02, about a 2.42%, , $2,000,000 5s. Due on 1971 Principal (J-D) payable at Treasurer's office. and 1957 from syndicate Other Weeden to a National Trust & Savings Associa¬ tion, of San Francisco, at a price of 100.07, a net interest cost o. about 3.13%, $1,230,000 follows: as 31/4S. Due May on 1Z from 1956 to 1963 inclusive. 2y2s. Due from 1964 to May on 1Z 1969 inclusive. on May 15 from 1970 to 1980 inclusive. 5,239,000 from 31/4S. Due 1981 to May on If 1994 inclusive. Other members of the syndicate Blyth & First Co., Boston of San Francisco Corp., Harris Trus Co., both of San Francisco, C. J Devine & Co., of New York Northern Trust Co., of Chicago Merrill Lynch, Pierce, Fenner & Beane, Weeden & Co., both 0 Francisco, Security-First Na¬ tional Bank of Los Witter & Co., & Angeles, Dear San Francisco Paine of Bros. Salomon Hutzler, gality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of & of San San Francisco. O rind a > _ U nion School District, County, Calif. Bond Sale—The $100,000 build¬ bonds offered April 6 were awarded of to the San American Francisco, Trust at 100.10, net interest cost of about a 2.86%, follows: Due on 1957 inclusive. 25,000 Due 2s. on June 1 from 1 from 1958 to 1962 inclusive. 15,000 2V4s. Due 1963 to 25,000 2 V2 Due . 1970 1971 on to 1974 Verdes June 1 from inclusive. Due on . June 1 from inclusive. School District, Lo: Angeles County, Calif. Bond Sale—The $65,000 build¬ ing bonds offered April 13 — v 179, p. 1655 — were awarded tc Merrill Lynch, Pierce, Fenner & Beane, of Los Angeles, as 3s, at 1 price of 100.40, a basis of abou. Bond Offering—Emmet G. bids at re¬ his office in Salinas, until 11 a.m. (CDST) on April 26 for the purchase of $920,000 building bonds. Due 1974 interest County on Dated June 1, June 1 Blair & Co., of Chicago Wells, Inc., E. F. Hut Co., Gregory & Son, Wm Pollock & Co., all of New York from & Schwabacher & Co., of Sar Francisco, Barcus, Kindred & Co. of Chicago, Lawson. Levy & Wil¬ liams, Kaiser & Co., Irving Lund¬ borg & Co., all of San Francisco Foster & Marshall, of Seattle Juran & Moody, Kalman & Co. both of St. Paul, Gross. Rogers Barbour, Smith & Co., of Los An¬ geles, J. S. Strauss & Co., of Sar Francisco, Burns, Corbett & Pickard, Inc., of Chicago, Field, Rich¬ ards & Co., of Cleveland, Dempsey-Tegeler, & Co., of St. Louis • Francisco. Mc- Menamin, County Clerk, will sealed Francisco, First of Michi¬ gan Corporation, Byrne and Phelps, Inc., both of New York R. H. Johnson & Co., of New York, Hill Richards & Co., of San Salinas ceive San E. June 1 from 1965 inclusive. s, 20,000 23/4S Palos on 1955 inclusive. Principal and payable at the Treasurer's office. (J-D) Sanger Union High Sch. Dist., Fresno County, Calif. McDonald-Moore & Co., of De¬ Rodman & Linn, McCor- troit, mick & Co., E. Ray Allen & Co.. Chicago, Stubbs, Smith & Lombardo, of Birmingham, Thomas & Co., of Pittsburgh. Seasongood & Mayer, of Cincin¬ nati, Fred D. Blake & Co., of San Francisco, Magnus & Co., Walter Woody & Heimerdinger, both of Cincinnati, Redfield & Co., of all of Pasadena, and C. N. White & Co., of Oakland. ing Sale—The $100,000 build¬ bonds offered March 9 v. 179, p. Dean April 1 from 970 — were awarded Witter & Co., of cisco, at interest a price cost of of 100.26, about to San Fran¬ a 2.66%, net as ' < 1655—were syndi¬ America follows: $40,000 2%s. Due 1955 to 1964 24,000 2y2s. Due to 1970 36,000 23/is. Due 1971 179, p. to 1979 on April 1 from inclusive. on April 1 from inclusive. on April 1 from inclusive. awarded headed by National ings Association, cisco, as follows: to the Trust of a Bank & San of Sav¬ Fran¬ Bond about 2.19%, as follows: $90,- 5s, due group: Witter & Co., Merrill Sale ! (State of) The — $33,416,000 1314 — awarded were to a :1 { i ! : ( > U ! ! i... u-> > .1 : i I* ■ i Y * ) t } V j 1 p. syn¬ dicate headed by the National City Bank of New York, as 2s, at a price of 101.19, basis a of about 1.88%. Sale consisted of: $26,000,000 institutional bonds. Due building May on 1 from 1955 to 1974 inclusive.' 7,416,000 vocational school bonds. Due on May from 1 1955 to Other members of the syndicate: Halsey, Stuart & Co., Harris Trust & Savings Bank, of Chicago, Kuhn, Loeb & Co., Phelps, Fenn & Co., Goldman, Sachs & Co., Stone & Webster Securities Corp., all of New York, Blair, Rollins & Co., Seattle-First National Bank, of Seattle, Hallgarten & Co., B. J. Van Ingen & Co., Hornblower & Inc., Weeks, ration, Adams, & Co., on May 1, First of Michigan Corpo¬ F. S. Smithers & Co., McEntee & Co., Weeden , Roosevelt & Cross, Rey¬ nolds & Co., Dick & Merle-Smith, Ira Haupt & Co., Bache & Co., Wertheim & Co., American Se¬ curities Corp., all of New York, Branch Banking & Trust Co., of Wilson, N. C., Baxter, Williams & Co, of Cleveland, C. F. Childs & Co, Robert Winthrop & Co, both of New York, National Bank of Commerce, Seattle. Heller, Bruce & Co, of San Francisco, Westchester Bank & Trust Co, of New Rochelle, Auchincloss, Parker & Redpath, of New York, Cruttenden & Co, of Chicago, Singer, Deane & Scribner, Thomas & Co, both of Pitts¬ burgh, Newhard, Cook & Co, Reinholdt & Gardner, both of St. Louis, Rodman & Linn, of Chi¬ cago, Granbery, Marache & Co, Winslow, Douglas McEvoy, both of New York, Anderson and Strudwick, of Richmond. Eldredge E. Quinlan & Co.. of New York, Zahner & Co, of Kansas City, Ir¬ ving Lundborg & Co, of San Francisco, and Harrison & Co, of Philadelphia. Danbury, Conn. Bond Offering 1955 — The Board of Selectmen will receive sealed bids until 11 a.m. (DST) April 26 on for the purchase of $210,000 school improvement bonds. Dated May 1, 1954. to Due 1974 interest $880,000 water works bonds at 100.17, a net interest cost of 000 the of Dean '■ The $1,080,000 — bonds offered April 13—v. cate Co., bonds offered April 15—v. 179, "Y* Whittier, Calif. Sale & inclusive. CONNECTICUT — Bond members and May 1 on 1974 1974 inclusive. Co., of Chicago White, Weld & Co., Shields & Co., B. J. Van Ingen & Co., Hornblower & Weeks, Bacon, Steven¬ son & Co., F. S. Smithers & Co. Shearson, Hammill & Co., all oi New York, Stone & Youngberg ton inclusive; due to Connecticut John Nuveen & William 1966 of Oakland. Francisco. Andrews & June 1965 2y4s, dena, Fred D. Blake & Co., Stern, Frank, Meyer & Fox, both of Los Angeles, and C. N. White & Co., New of about of Richards & Co., all of San Fran¬ cisco, Redfield & Co., of Pasa¬ Webber, & cost Co., J. Barth & Lynch, Pierce, Fenner & Beane, Heller, Bruce & Co., all of San Francisco, Paine, Webber, Jack¬ son & Curtis, of Chicago, Shearson, Hammill & Co., of New York, Schwabacher & Co., Lawson, Levy & Williams, H. E. Work & Co., Stone & Youngberg, Hill & Savings Bank, of Chicago, R. H Moulton & Co., American Trus San to $90,000 (by the Bank of America awarded headed Le¬ 1965 1955 to 1958 inclusive. I from Dist.. County, Calif. $10,939,000 gen obligation water bonds of¬ fered April 14—v. 179, p. 1524— were interest net 2.20%, as follows: $20,000 5s, due May 1, 1955 and 1956; $90,000 2s, due on May -1 from on May 1 from 1956 inclusive. (M-N) Principal payable at and the City National Bank & Trust Co, Danbury. Legality approved by Reed, Hovt, Tavlor & Washburn, jof New York City. ( ( $15,000,000 De¬ headed by the First Boston Corp., New York City, and Drexel & Dos Angeles, Lawson, -Levy & Williams, Kaiser & Co., Stone & of works 15 a Bond Angeles, Calif. Bond Sale—The San inclusive. County 1954. Principal Conservation inclusive. City Hall and Police Headquarters bonds at 100.06, Jackson & Curtis, both York, William R. Staat: Co., of Los Angeles, J. Barth Co., Heller, Bruce & Co. botl to (CDST) on April 27 purchase of $111,000 build¬ bonds. Dated June 1, 1954. June June on 1974 basis of ing on in a the from inclusive. of 1977 May 1 a.m. Due both Due interest 10:30 May 1 from 1972 office Diego, until 10:30 a.m. (PST) on April 27 for the purchase of $102,000 building bonds. Dated June 15, for the inclusive; $80,000 his at $50,- 1967 to 1971 Company. Bond from on Ohio Oceanside-Libby Union Sch. Dist. 1 May 3%s, due Trust & The 100.18, and $385,000 2y4S, May 1 from 1966 to on 200,000 Fran¬ Bond Sale—The liam Blair & Company; R. L. Day Co.; Carl M. Loeb, Rhoades & Co.; W. H. Morton & Co., Incor¬ porated; Wood, Struthers & Co., San eral & City School District, Monterey County, Calif. Offering — J. L. Brown, County -Clerk, will receive sealed Water Ventura 3,120,000 3s. Due Reynolds & Co.; F. S. Smithers Co.; Clark, Dodge & Co.; Wil¬ and due the Bank 3.22%. Incorporated; & * Bond at 1,350,000 from 1976 inclusive. Indianola Sch. Dist., Fresno County, California bids & 2.93%. May on Stearns & of Braun, Bosworth & Co., Incorpo¬ rated; R. S. Dickson & Company, inclusive; on 1966 on & principals Co.; A. G. Co., Incorporated; 1966 to Hemet, Calif. Bfiiid Sale—The $300,000 water inclusive; and $100,1984 inclusive. to 300,000 $200,- 1 inclusive; $80,000 IV2S, due 1980 at of on 1968 3V2S, due of Co., of San 3s, at 101.41, a basis inclusive. the Wertheim . awarded to Weeden & 1 Co.; Corporation; Lee Higginson Corporation; Schoellkopf, Hutton & Pomeroy. 1955 to general obligation sewer bonds Offered April 12 — v. 179, p. 1418 — were as Bear, about United April on 1984 with of 3y4s, as 1 Securities $15,000 5s. Guadalupe, Calif. Cond Sale—Tne $10,000 Francisco, Hutzler; Equitable as 1974 to 1979 inclusive. Due to awarded to Association inclusive. the offering are: Union Secu¬ rities Corporation; Salomon Bros. Co., May 15 from on 1982 April on in ing 15 from a Zone 100.12, May on 30,000 3V4S. Due about follows: $15,000 5s, may 1 from 1955 to Due 2.70s. from 1 inclusive. 1981 ings cisco, April on Due to 1 inclusive. 1977 1418—were 1956; $405,000 2s, due on May 1 from 1957 to 1965 in¬ of America National Trust & Sav¬ April on Due 2.60s. 1978 1,500,000 May 15 from 1965 to 1973 inclusive. as on 1959 of 3s. clusive; inclusive. 1973 to Contra Costa 1959 to 1964 inclusive. 45.000 Bond Sale—The $5,000 building bonds offered April 13—v. 179, p. April 1 from Due 2%s. from inclusive. on and 1 April on 1964 on to 1974 2,000,000 May 15 from on 1958 30,000 2V2s. Due $90,000 Zone No. 4 bonds at 100.28, r; 3.71%, Due 1955 to 1969 from (P.O. Oakland), Calif. Bond control and storm drainage bonds offered April 8 were awarded to a 2V4s. 2,000,000 Ave., jntil 2 p.m. (PST) on April 21 he purchase of $550,000 1964. Bond District of the Board of Dir¬ will receive sealed bids ectors, from 1 Each issue is dated May •Legality Florida Secretary war- on 1974 to rants 1, Water West Stanislaus Union Sch. Dist., Stanis¬ laus County, Calif. inclusive. Due to 1 April on 1961 1965 to 1968 inclusive. 2,500,000 Hemet), Calif. recrea¬ 1962 from 512 Due to 1.80s. from Co., of Oakland. Municipal O. in¬ refunding rants., Due 1955 1,500,000 Bond Offering—Ruth E. Norton, 160,000 general obligation ' White & 1959 2,000,000 2s. Due & Miller, of Pasadena, and grove IV2S. from Work & Co., Hill Richards & Co., of San Francisco, Jones, Cos- clusive. tion 1,500,000 all $142,000 general obligation public improvement bonds. Due on - Moody, Inc., of St. Paul, & Co., of Minneapolis, Lundborg & Co., H. E. Irving Joe Petty, ) & Kalman .f i L • ( - ? • > < . - 1 t i f Volume 179 Number 5317 The Commercial and Financial Chronicle ... (1769) V"- n r* 5* t FLORIDA - - Fort Myers, Fla. V :: Certificate Offering Gran, City Clerk, ^ INDIANA , will receive sealed bids until 8 p.m. April 29 for the pur¬ chase of $360,000 bridge and over¬ pass bonds. Dated May 1,^1954. Due semi-annually from July 1, 1955 to Jan. 1, 1973 inclusive. Interest J-J. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. . . Bond S. N. — ' Beech Grove, Ind. ■; (CST) Offering—F ranees C. City Clerk-Treasurer, will Hein, receive sealed (EST) on April 26 for the purchase of $400,- p.m.. 000 1 bids - until 12:30 purchase municipal buildings and facil¬ ities certificates revenue debtedness. Due Dated Jan. 1 Jan. of 1, 1956 from in¬ 1954. to 1975 inclusive. Certificates due in 1960 on thereafter and callable are of as Jan. 1, 1959. Principal and interest (J-J) payable at the Marine Mid¬ Trust Co., New York City. land Legality approved by Chapman & Cutler, of Chicago. 1, Bond Sale—The ing bonds 179, v. $600,000 build¬ April 12 — offered 1524—were awarded to p. to 1992 1964 interest 2.28%, as Dec. 1 from 1955 to 1962 inclusive. 1968 to works 15—v. Cincinnati, 100.62, Decatur 1974 inclusive. terest trasi from 1956 Principal and (J-J) payable at to in¬ bank a or mutually accept¬ able to the District and the suc¬ company - cessful Legality approved bidder. receive 6:30 p.m. for purchase follows: Chapman & Cutler, of Chicago. Ascension Consol. No. Bond Offering — Max Swisher, Secretary of the Board of Educa¬ tion, will receive sealed bids until S p.m. (CST) on April 19 for the purchase of $200,000 school build¬ ing bonds. Dated May 1, 1954. Due Jan. <on 1 clusive. (J-J) from 1956 Principal payable at to 1974 and a in¬ interest bank or trust (CST) chase Legality approved by Chapman & Cutler, of Chicago. Bond Offering—Edwin J. Nicoll, > Village Clerk, will receive sealed .bids until 8 ;19 for water the bonds. revenue 1, 1953. Due 1974 to (CST) purchase of p.m. on April $235,000 on Dated Nov. Principal and Interest (M-N) payable at a bank trust or company ceptable to on of mutually ac¬ the Village and the purchaser. Legality approved by Chapman & Cutler, of Chicago. Island Sch. Dist. No. 40 (P. O. Moline), III. Bond Sale tschool bonds — The April 13— v. 179, p. 1655—were awarded to group headed by Halsey, Stuart Co. & net Inc., Chicago, at 100.02, a interest cost of about 2.15%, follows: .tis .•$175,000 2!4s. Due and 1956. 1,300,000 on Dec. 15, 1955 > l%s. Due Dec. on 15 from 1957i to 1961 inclusive. :2,455,000 2 Vis. Due Dec. on 15 from 1965 to 1973 inclusive. Other members of the group: Co., Kidder, Peabody & Co., all of New York, Blair, Rollins & ■Co., Inc., John Nuveen & Co., Paine, Webber, Jackson & Curtis, • both of Chicago, Lee Higginson ■Corp., Dean Witter & Co., of San Francisco, Farwell, Chapman & Co., Rodman & Linn, both of Chi. • cago, ^St. Dempsey-Tegeler & Co., of Louis, and Lucas, Eisen Waeckerle, of Kansas City. & $250,000 Sub-Drainage District Due serially from • "' ' ! \Y;..• • 1 Ox- will until p.m. Gravity Drainage (P. O. Columbia), 1 from of (CST) as of about June on inclusive. Consol. Soh. Dist. Mansfield), La. Co., sealed Jefferson Chicago, Harri- bids Bids until be may Dated Bond 179, 2 p.m. made for 1960 to 129,000 3s. on 14 awarded Scharff & as follows: June on of as Due on 36*7,000 3.35s. Due May 1 from on Orleans. St. . members Nuveen on of the group: & ledo, Nusloch, Baudean & Smith, Arnold and Crane, both of New Orleans, Juran & Moody, Inc., of St. Paul, Glas & Co., and W. D. Kingston & Co., both of New Or¬ leans. ' • pay¬ New Bank Bond O. an¬ the securing approximately $240,000,000 Turnpike revenue bonds to be offered for sale on May 4 by a nationwide syndicate managed by F. S. Moseley & Co., First Boston. Corp., Blyth & Co., Inc., and Tripp & Co., Inc.—v. 179, p. 1656. New Bedford, Mass. Sale—The $800,000 : Note notesoffered April 12 were awarded tothe National Shawmut Bank oP Boston, a at 0.79% premium of discount, pluar $175. Building Association (P. O. Amherst), Mass. Bond Sale—The $450,000 2.30% revenue bonds offered dormitory — The syndicate headed by Co., Inc., New York a Vanderburgh County (P. O. Evansville), Ind. 100.16, 2.27%, E. a net as ' Blyth & City, at follows: 1955 to 1962 to No. Note clusive. on Principal (M-N) payable and at In¬ Sale—The $900,000 notesr April 14 were awarded Newton-Waltham Bank & discount. (CST) inclusive. Waltham, Mass. 4 Greensburg), La. a.m. 1979 Legality approved by Ely, Bartlett, Thompson & Brown, of Boston. . Sch. Dist. May 12 for the purchase of $194,000 school bonds. Dated May 1, 1954. Due on May 1 from 1955 to 1974 in¬ to the Trust Co., of Waltham, at 0.638% The • - . notes 1954 and dated are /mature April 15^. Nov. 5, 1954. on MICHIGAN interest banking in¬ to be designated by the purchaser. Legality approved by Chapman & Cutler, of Chicago a stitution Algoma Twp. Unit Sch. Dist. (P.O Grand Rapids), Mich. Bond Sale—The $50,000 build¬ ing bonds offered April 12—v. 17SL Tangipahoa Parish Rural Fire p. 1656—were awarded to Walter Protection Dist. (P. O. J. Wade, Inc., of Grand Rapids. Amite), Louisiana .V Bond Sale—The $100,000 public improvement bonds offered April 13—V. 179, p. 1208—were awarded Barrow, Shreveport. Leary & Co., of Welsh, La. Sale—The $150,000 street improvement bonds offered April Bond 9—v. to 179, 1419—were awarded p. Ducournau Orleans. age & - Kees, of Alpine-Plainfield Park), Mich. ) Sale—The 58,000 buildings bonds offered April 13—v. 179, p. 1656—were awarded to Paine, ; • Webber, Chicago. Jackson Laurel, Md. $400,000 treatment and sew¬ disposal plant Curtis, o£ v Bloomingdale Twp., Bloomingdale Fractional New ^.1 & ^ Sch. Dist. No. 10 (P. O. Bloomingdale), Mich. Offering Rumery, Sale—The Fractional Bond Y'YY<' '/.//v. Twps. Sch. Dist. No. 7 (P. O. Comstock receive (EST) chase District sealed April on of — Gordon Secretary, bids 20 $98,000 until for wil^ 8 p.m„ the pur¬ building bonds. bonds offered April 12—v. 179, p. 1525—were awarded to the Mer¬ Dated April 1, 1954. Due on A.priL 1 from 1955 to 1969 inclusive. cantile Bonds due in of Safe Deposit & Trust Co., Baltimore. Sale—Thd supply bonds callable are able $100,000 water offered 1964 and thereafter of as April 1, 1958. Principal and interest (A-O) pay¬ Woodsboro, Md. April 12— v. 179, p. 1525—were awarded to Alex. Brown & Sons, of Baltimore. at bank a or trust company to be designated by the purchaser/ Legality approved by Miller, Can- field, Paddock & Stone, of Detroit. MASSACHUSETTS on May 1 inclusive. utility Beverly, Mass. Bank of Boston, 45 Milk St., Bos¬ ton, until 11 a.m. (EST) on April 21 for the purchase of $106,000 school bonds. Dated May 1, 1954. Due on May 1 from 1955 to 1935 inclusive. Principal and interest payable at the Bank Legality ap¬ Ropes, Gray, Best, of proved First Boston. by Massachusetts Sale—The $300,000 notes offered April 13—v. 179, p. 1656— were-<!eai«^rded to Shawm uKBank 0.70% of National Boston, at discount. Hampden Walsh, will the Offering — Spring¬ Daniel M. sealed bids until railway refunding St. Louis, McDonald-Moore & Co., and Kenower, MacArthur & Co., both of Detroit, at a price of 100.02, a net interest cost of about 1.88%, follows: as 1V4S. $181,000 Due on April 15 from 1957 to 1960 inclusive. 146,000 2s. Due 1961 to 1963 on April 15 from. inclusive. j Lansing School District, Mich. Bond Sale—The $1,850,000 build¬ ing bonds offered April 13—v. 179, p. 1420—were awarded to a group headed terest Blyth & Co., of Chi¬ price of 100.02, a net in¬ of about 2.18%, as>- by cago, at a cost follows: 1955 to 765,000 2s. County Treasurer, receive Co., $245,000 3s. County (P. O. field), Mass. Jr., street composed of the Mercantile Trust East County (P. O. Taunton), Sale—The $327,000 public bonds offered April 13—v. 179, p. 1656 — were awarded to a group National Coolidg^ & Rugg, of Boston. Note from Bond Bond Offering—John C. Lovett, City Treasurer, will receive sealed bids in care of the First National interest cost of about $479,000 4s. Due re¬ 1955 ^ terest A-O. until 11 Note Orleans), La. Sale , p.m. has appointment of the offered (P. O. $3,000,000 school bonds offered April 13 — v. 179, p. 1315—were waraded to Monterey. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. 2 Massachusetts* First National Bank of Boston to act as trustee under the indenture Offering—J. L. Meadows, Secretary of the Parish School Board, will receive sealed bids Bristol Orleans Parish Sch. Dist. of Inter¬ Bond May 1 from Fenner & Beane, of New Orleans, Stranahan, Harris & Co., of To¬ Each issue is dated May 1, 1954. until nounced the Authority Detroit, Mich. Co., of Chicago, White, Hattier & Sanford, of New Orleans, Barrow, Leary & Co., of Shreveport, Merrill Lynch, Pierce, $40,000 School Township bonds. 40,000 Civil Township bonds. 1955. '. Helena Parish May 1 from 1980 to 1984 inclusive. Other 1, Legality approved by Cox & Judell, of New Foley, 1.968 to 1979 inclusive. John March M-N. Bond May 1 from 1964 inclusive. 678,000 3V4S. Due p.m. Bond Offering — Leonard Rauscher, County Auditor, will of Turnpike University of Massachusetts 1, May 1 from 1965 to 1967 inclusive. (CST) on April 24 for the purchase of $80,000 bonds, as follows: bids Chairman j- sealed bids until 8 p.m. (CST) on May 7 for the purchase of $116,785.16 paving certificates. Dated Bond April 1315—were p. 183,000 2%s. Due Tippecanoe Township (P. O. R. No. I, Winamac), Ind. Bond Offerlng — Arthur Pugh,. Township Trustee, will receive sealed Kohl- Co., of New Orleans. 1 1955 to 1959 inclusive. J-J. Legality ap¬ Ross, McCord, Ice & Miller, of Indianapolis. National a $143,000 2V2S. Due by First No. The $1,500,000 — offered headed by Jones, of New Orleans, Interest the Dist. group 1, from Principal and interest (J-D) Sch. bonds —v. a July 1, 1955 to Jan. 1, 1970 inclu¬ 1 y Bond Sale building April semi-annually sealed bids until Cincinnati, MARYLAND Parish to 2 Vis, at 102.03, April. Massachusetts Turnpike Authority (P- O. Boston), Mass. Names Trustee on $240,000,000 Bond Issue—William F. Callahan, Ponchatoula, La. Bond Offering — John J. Dahmer, Mayor, will receive (P. O. Gretna), La. 2.10%. bonds. Due of & meyer either amount. 1:30 p.m. (CST) on April 19 for the purchase of $300,000 school ceive & to on inclusive. Castle-Henry Township Sch. Corporation (P. O. New Castle), Ind. Bond Offering — James O. Crimm, Secretary of the School Board, will receive sealed bids at 1974 May 5 for the purchase of either $63,000 or $120,000 school building and equipment bonds. Due serially from 1955 to 1969 New able Parish receive Ripley & Co., Inc., F. S. Moseley & Co., both of New York City, and the Fletcher Trust Co., proved to Offering — S. M. Shows, Superintendent of Schools, will man Indianapolis, Corp., of New Beaudean & Orleans, Stern Co., of Kansas City, R. S. Hecht & Co., of New Orleans, Blewer, Heitner & Glynn, of St. Louis, Provident Savi«gs Bank & Bros. composed of the First National Bank sive. on Bond improvement bonds offered April 13—v. 179, p. 1525—were awarded 1954. (CST) 1, 1954. Due 1955 (P. O. Bond Sale—The $1,300,000 park basis Securities (P. Parish DeSota Indianapolis Park District, Ind. group syndi¬ Brothers, of York, Nusloch, Smith, of New - re¬ 2 Legality ap¬ proved by Ross, McCord, Ice & Miller, of Indianapolis. a ster t' Pi-jncipal and interest (J-D) pay¬ able at US banking institution designated bjf the Successful bid¬ der. Legality approved by Chap¬ man & Cutler, of Chicago. Bank of Evansville. .'Lehman Brothers, Goldman, Sachs <& of bonds. Dated June (J-J) payable at the National City building $3,930,000 offered May on May 10 for the purchase of $100,000 public improvement bonds. until Rock purchase sealed bids until 1 p.m. April 26 for the pur¬ $60,000 water works Nov. 1 from 1954 inclusive. 1 (CST) p.m. District No. Dated March 1, 1954. Due on Jan. 1 from 1956 to 1975 in¬ clusive. Principal and interest to Glenview, III. the Caldwell hpnds. company mutually acceptable to 1 the District and the successful bidder. for 7 \ Evansville, Ind. bids the New Hibernia National Bank, Scharff & Jones, Newman, Brown & Co., White, Hattier & Sanford, all of New Orleans, Stone & Web¬ 1955 to 1974 inclusive. Indianapolis, as 2V4S, at 1Q0.45, a basis of about 2.18% Comptroller, Lehman inclusive. of on from Gravity of sealed members due est No. Lynch, Pierce, Fenner & Beane, City 1992 1954 and able until School Merrill ley, Other cate: to April 21, 1, 1955. May -1 bids Offering—Leon S. GeisPresident of the Board of Louisiana ceive 1980 on April 9 were awarded to Dwinnell, Harkness & Hill, of Boston,, as 100.47, a basis of about 2.25%. Dated April 1, 1954. Due on Oct. £ 6 Bond Offering—Charles L. Sandwich), III. Ascension City, Ind. Bond Offering—M. L. Woodruff, Bond Sale—The $180,000 build¬ Secretary of the Board of Drain¬ ing bonds offered April 12— age Commissioners, will receive v. 179, p.-1655—were awarded to Counties, Township High from Due on April 21 for the $75,000 notes. Dated of Commissioners, will receive sealed ' bonds are dated June 1, Principal and interest (J-J) payable at the Indianapolis Na¬ tional Bank, Indianapolis. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis) El wood 23/4s. (EST) purchase 1954. Due on March 1 from 1955 to 1984 inclusive. Call¬ mar, The • Sch. Dist. No. 402 (P. a. West Louisiana * v Parish, Gravity Drainage District (P. O. Donaldsonville), 1 Bond 1954. DeKalb, LaSalle and Kendall , Legality approved by Loth Melton, of Fort Dodge. LOUISIANA semi-annually from July 1, 1955 to July 1, 1965 inclu¬ ' 1970 to 1979 inclusive. 1,215,000 & p.m. of Township bonds. semi-annually from July 1, 1955 to July 1, 1963 inclu¬ sive. 127,000 Civil Township bonds. ' : May 1 from noon (CST) the as on & 8 (CST) on April 22 for the purchase of $36,000 gen¬ eral obligation school building School sive./ building bonds. Dated May ll, 1 until 29 Due Co., of New Orleans, Kenower, MacArthur & Co., of Detroit, Steiner, Rouse & Co., of New York, Woolfolk & Shober, Robert R. Wolfe, both of New Orleans, Rapides Bank & Trust Co., of Alexandria, and D'Antoni Offering—Ernest Schmoker, Secretary of the Board of Di¬ rectors, will receive sealed bids until Due (CST) on April 19 for the purchase of $550,000 school site Jan. bids 83,000 21/zs. bonds. of 4.45%. will Bond Due , v. 8 p.m. on Trustee, $161,000 bonds, ISO Bond Offering—Philip Lindner, Secretary of the Board of Educa¬ tion, will receive sealed bids until Due price a about Twp. (P. O. Camby), Ind. April (P. O. Sandwich), III. and of Due on May 1 from 1963 to 1969 inclusive. \ • Trust (P. O. Fort Dodge), Iowa Bond Offering—Fred O. Butler, DeKalb, LaSalle and Kendall 1954. Cooper Township School District offered p. 4%s, at as basis a of the Board of Di¬ will offer at public auc¬ 11 a.m. (CST) on April issue of $125,000 school at 23, an building bonds. 1655—were awarded to Fox, Reusch & Co., of 1 from No. 179, tion sewage bonds revenue April 1973 inclusive. Counties Sch. Dist. the Secretary $34,000 Dec. on and rectors, "1963 to 1967 inclusive. 210,000 2V2S. Due Independent School ! District, Iowa Bond Offering—Edwin E. Doll, Legality ap¬ proved by Ross, McCord, Ice & Miller, of Indianapolis. Dec. 1 from on Avoca callable are 534,000 2 Vis. York, IOWA in Merchants National Bank & Trust on 150,000 2i/4s. Due due Co., -Indianapolis. sealed about on Bonds 1958 1, 1963. Principal (J-J) payable at interest $240,000 l%s. Due from Jan. Township of 1 thereafter Savings Bank, CjAllyn & Co., both of Chicago, jointly, at 100.07, a net cost Jan. on inclusive. and of as A. follows: the for Brownstown, Ind. $400,000 the Harris Trust & and 29 Bond Sale—The County Consol. Sch. Dist. 200 (P. O. Capron), III. No. April on 1954. Due ILLINOIS Boone (CST) of $680,000 sewage works revenue bonds. Dated April on 1958 to Due 1957 on April 1 inclusive. from Due on April 1 from 1965 inclusive. 840,000 2V4S. Due on April 1 from in 1079 innlncix/P* ** i 1 54 The Commercial and Financial Chronicle... (1770) of Other. members Harriman the group: & Co., Co., of Inc.; Smith, New York; Paine, Webber, Jackson- & Curtis; Hornblower & Weeks, both of Chicago; Watling, Lerchen & Co.; Kenower, Mac Arthur & Co., both of Detroit, and Burns, Corbett & Pickard, Inc., of Chicago. Ripley Barney & Counties fered Indep. Consol. Sch. Dist. No. 34 (P. O. Onamia), Minn. Bond Sale—The $164,000 build¬ ing bonds offered April 13—v. 179, p. 1657—were awarded to Piper, John Lacs Mille and Morrison Joint Jaffray & Hopwood, of Minneap¬ olis, at par, as follows: , $84,000 3.10s. Due March on 1 from 1957 to 1973 inclusive. Ida Rural Fractional Agricultural School District No. 1, Mich. 80,000 $400,000 build¬ ing bonds offbred April 12—v. 179, 3.20s. The bonds terest of Bosworth & Co., of Toledo, and Watling, Lerchen & Co., of De¬ troit, jointly, at par, a net interest cost of about 2.33%, as follows: $85,000 3s, 1955 Due to 100,000 2%s. inclusive. Due from 1960 to to 1969 30,000 2%s. April on 1 30,000 iy2s. annually from July 1, 1963 to 1, 1967 inclusive. Jan. from 1955 to 1984 maturing thereafter are July on inclusive. in callable 1968 and of July interest as Due semi¬ certificates. 1, 1966. Principal and (J-J) payable at a bank or trust company to be designated by the purchaser. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. from and to dated June 11, Certificates due July 1, 1957 thereafter are callable as of June 1957. Principal and in¬ (J-Ji) payable at the State Treasurer's office; the First Na¬ 1, terest tional Bank of St. Paul, or at the Trust* Co., New York Bankers City. Legality approved by Wood, King & Dawson, of New York City. Spicer, Minn. Bond Offering—V. Solmon- E. will receive (CST) on April 29 for the purchase of $212,000 sanitary sewer improvement bonds. Dated May 1, 1954. Due son, Village Warren Township (P. O. Mount Clemens), Mich. Offering Thomas — A. Babcock, Secretary of the Board of County Road Commissioners, Clerk, will receive sealed bids until 2 (EST) on April 27 for the purchase of $230,000 Special As¬ p.m. sessment District paving Dated May 1, 1954. Due bonds. May 1 on from 1955 to 1959 inclusive. Bonds in due 1956 thereafter and are callable as of May 1, 1955. Prin¬ cipal and interest (M-N) payable at bank a or trust in Michigan. Legality approved by Miller, Canfield, Paddock & Stone, company of Detroit. Feb. 1 from 1957 to 1975 inclu¬ on sive. Bonds due in 1970 and there¬ after Offering — Edward S. Cuthbert, District Secretary, will ing sealed of 22 until at Stevens County Indep. Consol. Sch. Dist. No. 19 (P. O. Alberta), Minnesota Bond inclusive. p.m. on clusive. Bonds due in thereafter are 1966 and of July a^i 1, 1958. Principal and interest (J-J) payable at the Detroit Trust Co., Detroit. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. MINNESOTA Brown County (P. O. New Ulm), Minnesota Bond Offering—C. County Auditor, E. Schmid, will sealed bids until 4 p.m. receive (CST) on April 22 for the purchase of $126,000 general obligation drainage bonds, as follows: $76,000 County Ditch No. 10 and Judicial Ditch No. Due Jan. on 1 48 from bonds 1956 to 1965 inclusive. 50,000 County Ditch No. 4 bonds. Due on Jan. 1 from 1956 to 1965 inclusive. The 1954. bonds are dated May 1, Principal and interest pay¬ able at a bank or trust company designated by the successful bid¬ der. Legality approved by Briggs Gilbert, Morton, Kyle & Macart¬ ney, and Moody & Springsted both of St. Paul. Lake Crystal, Minn. Bond Sale—The $90,000 street improvement bonds offered March 29 awarded to Piper, Jaf fray & Hopwood, of Minneapolis as 2%s. were of bonds. pur¬ Dated callable chase on 8 May 1, 1954. July 1 from 1956 to 1970 on Offering sealed the for $1,300,000 school build¬ bonds. Due bids April on 1, Principal and interest pay¬ a banking institution to De designated by the successful Didder. Legality approved by Briggs, Gilbert, Morton, Kyle & Macartney, and Moody & Spring¬ sted, both of St. Paul. able (CST) Bond chase Feb. — bids April until $214,000 sold to A. H. Co., of Kansas City, as to Due 1974 21 inclusive. for the pur¬ $320,000 school building 1, 1954. Due April 1 from 1957 to 1979 in¬ thereafter are due callable 1, 1971. Principal payable at a bank pany in 1972 as and or and of April trust com¬ to be designated by the Faegre apolis. suc¬ Legality approved & Benson, of Minne¬ Two Harbors, Minn. Certificate Offering from — Ernest Carlson, City Clerk, will receive sealed bids until 7 p.m. (CST) on May 3 for the purchase of $235,000 water and light revenue able & Trauernicht, of St. Louis. MONTANA of until bonds. 1954. Due p.m. the pur¬ im¬ for $144,000 provement re¬ 8:30 general 26 Dated May 1, May 1 from 1955 to 1968 inclusive. Principal and in¬ terest (M-N) payable at theRutherford National Bank of East County, Absarokee High School District, Mont. ^ & Legality i approved by Reed, Hoyt, Taylor & Washburn, of New the at York (DST) of purchase disposal plant Salem National pay¬ Bank Trust Co., Salem. Legality ap¬ by Hawkins, Delafield & Wood, of New York City. proved Bond Sale—The $160,000 build¬ ing bonds offered April 13—v. 179, p. 1527—were awarded to the Fi¬ delity Union Trust Co., and Van Deventer Bros., Inc., both of New¬ ark, jointly, as 2%s, at 100.41, a basis of about on Rutherford. Stillwater the Watchung School District, N. J. E. Clerk, will bids April on chase 1955 M-S. by Charles Borough for Principal and interest (M-N) ap¬ Storey, Thorndike, Dodge, of Boston. sealed (DST) 1, City. 2.44%. Wood-Ridge, N. J. Bond Sale—The $334,000 bonds offered April 14—v. 179, p. 1421— were awarded to the National State Bank of Newark, and Ira Co., New York City, jointly, taking $333,000 bonds as Haupt & Bond Sale—The $200,000 build¬ ing and equipment bonds offered Little Silver School District, N. J. 2%s, at 100.41, a basis of about Bond Sale—The $275,000 build¬ 2.45%. The amount purchased in¬ April 12 were awarded to the Yellowstone Bank of Columbus, as ing bonds offered April 14—v. 179, cludes $324,000 general improve¬ p. 1657—were awarded to Boland, ment bonds and $9,000 local im¬ 2.65s, at 100.05. Saffin & Co., New York City, as provement assessment bonds. NEBRASKA 2%s, at a price of 100.02, a basis of Omaha about Metropolitan Utilities Dist. (P. O. Omaha), Neb. Bond Offering — Walter S. Jersey Turnpike Authority (P. O. New Brunswick), N. J. ' Byrne, Secretary of the Board of Directors, will receive sealed bids ries until enue for 10:30 the (CST) purchase of a.m. May 5 on $6,000,000 April water revenue bonds. Dated 1, 1954. Due 1979 to on Bonds 1960 and thereafter due callable are Bond Sale—The "$27,200,000 turnpike B extension bonds 179, p. offered se¬ headed in as of about 3.02%. of April 1, 1959. Principal and in¬ (A-O) payable at the Douglas County Treasurer's office. the were of Legality approved by Chapman & Cutler, of Chicago. The bonds reoffered terest bonds Berlin, N. H. Note Sale — The $200,000 notes offered April 13 were awarded to the National Shawmut Bank of Boston, at 0.89% discount. notes are 1954 and mature dated 20, 15, 1954. Nashua, N. H. Sale—The $300,000 offered April 13 were notes awarded to the Indian Head National Bank of Nashua, at 0.89% discount. The 1954 notes/are and mature dated April on Brothers reported and the balance allotted Hampshire 13, Nov. 1, 1954. (State of) Bond Sale The $16,350,000 turnpike and rehabilitation bonds offered April 15—v. 179, p. 1209— were awarded to a synidcate headed by White, Weld & Co., of New York City, as l%s, at a price of 100.09, a basis of about 1.86%. — Other members of the to the The bonds wer£ pro¬ Turnpike to con¬ Easterly Extension Pennsylvania Turnpike, now under construction, and to pay New Jersey's share of the pro¬ posed bridge over the Delaware River, which is a part of the over¬ Buffalo, 2.60s, at 100.86, a basis of about 2.53%, Greenburgh (P. O, Tarrytown), New Bond Sale district and April — York The $53,000 water road 15—v. 179, bonds p. offered 1658—were awarded to the Scarsdale National of Scarsdale, as 2.20s, at a 100.10, a basis of about price of 2.18%. extension of the nect Co., as Bank issued to Trust Roosevelt & Cross, and Blair, Rol"ins & Co., Inc., New York City, the account members. (P. O. Cuba), N. Y. composed of the Manufacturers & Traders the all Hempstead (P. O. Hempstead), with the New York the all construction Jersey and to link the Pennsylvania New super¬ Bond Offering sealed on bids April 27 until Nathan L. H. for 11 the a.m. (DST) purchase of $750,000 bonds, as follows: $275,00 East Meadow Water Dis¬ trict are — Bennett, Town Clerk, will receive highways. The Series B bonds New at sold, wjth group sales accounting for about/ $17,000,000 of Note indicated vide funds for construction of the April Dec. on was 1 ing bonds offered April 14—v. 179, p. 1658—were awarded to a group opening of the subscription books and late in the day (April 14) Lehman NEW HAMPSHIRE _ to investors at a price 99%, to yield over 3% to ma¬ turity. A substantial demand for bonds No. Bond Sale—The $550,000 build¬ April 14—v. 1658—were awarded to a syndicate Cuba, Friendship, Clarksville, New Hudson, Belfast, Ischua, Hinsdale and Lyndon Central School District rev¬ by Lehman Bros., New York City, as 3s, at a price of 99.0^5, a net interest cost April 1 from 1957 inclusive. NEW YORK 2.62%. New interest cessful bidder. by 1 Interest Legality approved p.m. Dated April Bonds March Dated March on Denike, ceive 26 sewage May 1 from 1955 to 1976 inclusive. Shaw¬ Legality B. bonds. Dated May 1, 1954. Due on interest and National Rutherford, N. J. Offering—W i 11 i a m Bond was 3%s. and on April $220,000 of East Bond Sale—An issue of 3y4s the basis a m sealed bids until 7:30 p.m. NEW JERSEY (P. O. Caruthersville), Mo. building bonds on a Dunn, City Recorder, will receive Bos¬ April by & County Reorganized Sch. District No. R-l Bennett & Principal at Palmer re¬ 7:30 payable mut Bank of Boston. proved The Harris Mrs. Gausman, District Clerk, will Ypsilanti School District, Mich. (EST) of as 1969. ceive receive callable are 1955 to MISSOURI Pemiscot (EST) a.m. purchase inclusive. The bonds mature from 1964 inclusive. 1964 inclusive. is issue Each 1954. 1955 sealed bids until 8 p.m. Bond Corp., of Nashville. semi¬ Due Jan. 1 and July 1 on the for Street, 2.10s, at 100.03, Salem, N. J. Offering—W i 11 i » Bond $650,000 water bonds. Dated May 1, 1954. Due on May 1 from 1955 to 1984 offered 5,000,000 Rural Credit Deficiency Offering- — Anna Hesselsweet, City Clerk, will receive sealed bids until 8 p.m. (EST) on April 26 for the purchase of $163,000 water supply and sewage disposal system revenue bonds. 1 of) Charles Fund certificates. annually Due 21 Water as of about 2.09%. son, sealed bids at the National Shaw¬ mut Bank of Boston, Trust De¬ serially from $70,000 school April 13 were awarded to the Equitable Securi¬ ties Ridge, Offering—Harry S. John¬ City Treasurer, will receive Sale—The Bond bonds — $4,800,000 Rural Credit Deficiency Bond Bonds Offering Wenzel, Conservator of Rural Credit, will receive sealed bids until 10 a.m. (CST) on May 4 for the purchase of $9,800,000 cer¬ tificates of indebtedness, as fol¬ Fund 1, 1954. in¬ Rochester, N. H. Bond partment, 40 ton, until 11 for the first year. Minnesota (State Certificate Reed City, Mich Dated Feb. additional to West Point, Miss. M. inclusive. Due April 1, 1970. Due April 1, 1971. Due April 1, 1972. 30,000 l%s. The bonds mature 1954. April 1 from on 1 lows: 1964 inclusive. 125,000 21/2s. Due 1965 April 1 from on 1959 March on bear 1.40% 1526—were awarded to Braun, p. Due awarded Co., of Me¬ 2s. as 1955 to 1964 inclusive. from 1974 to 1984 inclusive. Bond Sale—The April 6 were Nunnery & R. ridian, Monday, April 19, 1954 bonds. Due on May 1 from 1955 to 1984 inclusive. redeem¬ able for the 475,000 drainage bonds. Due on sinking fund at 103% May .l from 1955 to 1984 in¬ July 1, 1956 to and including clusive. 30, 1958 and thereafter at prices decreasing to the principal The bonds are dated May.l, amount. O p t i o n a 1 redemption 1954. Principal and interest prices range from 103.% % to the (M-N) payable at the office of the principal amount.-Presiding Town Supervisor. Le¬ With a total lepgth of approxi¬ gality approved by Hawkins, mately 118 miles, the New Jersey Delafield & Wood, of New York Turnpike extends from Ridgefield City. Park diagonally across the state I slip Union Free School District to Deepwater where it connects No. 12 (P. O. Brentwood), * with the Delaware Memorial from June syndicate: & Savings Bank, of Chicago, First National Bank, of Portland, Lazard Freres & Co., of certificates. Dated May 1, 1954. New York, Dean Witter & Co., Due on Dec. 1 from 1956 to 1974 of San Francisco, Boatmen's Na¬ New York Bridge. As of Dep. 31, 1953 the inclusive. Certificates due in 1965 tional Bank, of St. Louis, Dick & total Bond Offering cost of construction of the Edward Sonand thereafter are callable as of June 1, 1964. Principal and inter¬ Merle-Smith, of New York, Dwin- present Turnpike was estimated at derling, President of the Board nell, Harkness & Hill, of Boston, $279,952,000. Of this amount est payable at a banking institu¬ $274,- of Education, will receive sealed Mercantile-Safe Deposit & Trust 136,500 has been««pent or com¬ bids until 1 p.m. (EST) on April tion designated by the successful Co., of Baltimore, Wm. E. Pollock mitted bidder. Legality approved by Dorby the Turppike Authority 22 for the purchase of $939,000 & Co., Brown Bros. Harriman & and the Authority has on hand building bonds. Dated May 1, sey, Colman, Barker, Scott & Co., both of New York, The Ohio sufficient funds to 1954. Due on May 1 from 1955 to pay the balance Barber, of Minneapolis. Company, of Columbus. City Na¬ of the estimated cost. 1984 inclusive. Principal and in¬ tional & Trust Co., of Chicago, Worthington, Minn. Among the principal associates terest (M-N) payable at the Cen¬ Wood, Gundy & Co., Inc., J. G. of Lehman Brothers in the under¬ tral Bond Offering—G. S. Thomp¬ Islip National Bank, Central White & Co., Inc., Freeman & writing were: son, City Clerk, will receive Halsey, Stuart & Islip. Legality approved by Sul¬ Co., all of New York, Stein Bros. Co., sealed bids until 7:30 p.m. (CST) Inc.; C. J. "Devine & Co. livan, Donovan, Heenehan & Han& Boyce, of Baltimore, First Na¬ on April 21 for the purchase of Kidder, Peabody & Co.; Phelps rahan, of New York City. tional Bank & Trust Co., of Okla¬ Fenn & Co.; Bear, Stearns & $50,000 municipal building bonds. Co., homa City, Raffensperger, Hughes Kingston, N. Y. Dated May 1, 1954. Due on Nov. 1 White, Weld & Co.; A. C. Allyn & & Co., of Indianapolis, Bosworth, Bond Offering—Oscar A. Goodfrom 1955 to 1964 inclusive. Prin¬ Company, Inc.; -Merrill Lynch, Sullivan & Co., of Denver, Mulcipal and interest payable at a Pierce, Fenner ££Beane; Laden- sell, City Treasurer, will receive banking institution designated by laney, Wells & Co., of Chicago, burg, Thalmann &l,Co.; Stone & sealed bids until 11 a.m. (EST) National Bank of on April 22 for the purchase of the Commerce, Webster Securities successful' bidder. Legality Corporation, Seattle, Stetson & Co., of New approved by Dorsey, Colman, Blair, Rollins & Co;? Inc.; and Ira $154,000 highway machinery and street improvement bonds. Dated Barker, Scott & Barber, of Minne¬ York, F. Brittain Kennedy & Co., Haupt & Co. of Boston, McDonald-Moore & May 1, 1954. Due on March 1 from apolis. Co., of Detroit, Stokes & Co., of River Vale Twp. Sch. Dist. (P. O. 1955 to 1964 inclusive. Principal River Vale)) N. J. MISSISSIPPI Philadelphia, Rodman & Linn, and interest (M-S) payable at F. S. Yantis & Co., both of Chi¬ the City Treasurer's office. Bond Sale The $35,000 build¬ Le¬ Forrest, Miss. cago, Continental Bank & Trust ing bonds offerec^^prUJ2—v. 179, gality approved by Hawkins, Bond Sale—The $35,000 special Co., of Salt Lake City, and First p. 1421—were awarded to the Delafield & Wood, of New York street improvement bonds of¬ of Iowa Corp., Des Moines. First National Bank of Park City. Harris Trust . — — Volume Number 5317 179 ... The Commercial and Financial Chronicle (1771) Nas»au able^ at County (P. O. Mineola), New York Bond Offering—H. Bogart Sea¬ man, County ceive sealed (DST) chase lows: Bank & 000 314s, due on July 1 from 1976 to 1982 inclusive, and $984,000 3%s, due on July 1 Treasurer, will re¬ from 1983 to 1993 inclusive. bids until 12:30 p.m. April 27 for the pur¬ of $17,078,000 bonds, as fol¬ • Chemical Co., New York City. Legal¬ ity approved by Hawkins, Delafield & Wood, of New York City. Pleasantville, N. Y. on . the V Trust Bond eral Sale — The 100,000 series B bonds: $25,000 4s, due on July 1 from 1957 to I $128,000 gen¬ improvement bonds 179, p. 1658—were awarded to George B. Gibbons & Co., Inc., New York City, as 2.40s, at 100.43, a 3,658,000 bridge bonds. 1,180,000 park improvement bonds. • . 300,000 county office and storage building bonds. : 632,000 Jones Inlet jetty bonds. 408,000 parking area bonds. - 568,000 highway Other Bond Ottering—G. H. Bedford. Commissioner of Finqnce, will re¬ ceive (DST) chase improvement bonds. 2,758,000 Disposal Sewage Dis¬ trict No. 2 bonds. 200,000 Sewage Disposal District No. 2 April on of bids until for the 27 noon pur¬ $1,900,000 notes, as 1956. Each issue is dated May 1, 1954. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York bonds. City. - 484,000 Children's Shelter build¬ Vestal, Vestal Fire District (P. O. Vestal), N. Y. ing bonds. 92,000 building bonds. The bonds 1954 and mature thereafter and from 15 Bond dated are on May Nov. annually 1955 1983 to 15, 15, 1954 on May inclusive. Principal and interest (M-N) pay¬ able at the County Treasurer's office. Legality approved by Heed, Hoyt, Taylor & Washburn, of New York City. Bond City Niagara Falls, N. Y. Offering — E. T. Creagh, Comptroller, will sealed bids until 2 p.m. receive (EST) April 28 for the purchase 300,270 as bond ceive sealed JEST) 1, 1954. to 1972 Le¬ issue is dated May 14, Legality approved by Vandewater, Sykes, Heckler & Gal¬ loway, of New York City. North Hempstead Union Free Sch. Dist. No. 10 (P. O. Mineola), York Bond Offering—Ward R: Burns, NORTH I 1658—were awarded to Alice M. Lelady, a local investor, as 2V2S, at par. Otto Water District I (P. O. Offering Bond — sealed bids until i Bond Sale—The $400,000 school building bonds offered April 13— 179, p. 1658—were awarded to , Y. — (EST) on April 22 for the purchase of $80,000 school bonds. Dated April 1, 1954. Due on Oct. p.m. 1 from 1955 to 1964 Carolina follows: as inclusive. Principal and interest (A-O) pay¬ Bradford May bids until 1974 works April 10—v. 1527 — were awarded to Berman, Selonick & Co., of Cin¬ cinnati, as 314s, at 101.27, a basis p. of about 3.37%. Bowling Green State University, Ohio Bond Sale—The $2,350,000 dor¬ mitory revenue bonds offered April 15—v. 179, p. 1527—were to a group headed by Shields & Co., New York City, at a of on price of about par, a 3.36%, net interest cost as follows: $2,250,000 series A bonds: $165,000 4s, due on July 1 from 1957 to 1961 inclusive; $329,000 3s, due on July 1 from 1962 to 1969 inclusive; $314,000 3V4S, due on July 1 from 1970 to 1975 Dec. 15 from 1955 inclusive. Principal payable at and 3s, at about 2.91%. 100.89, as basis a Bond Carley, Offering of of Ella A. of 1 June .from the County Commissioners, sealed bids April on purchase of $69,300 Dated Mc until 1, 1954. Due 1955 to for 27 1964 the Sept. on inclusive. Nov. 1 from 1955 to 1979 inclusive. Principal and interest (M-N) pay¬ able at the City Treasurer's of¬ fice. Legality approved by Squire, Sanders & Dempsey, of Cleveland. ceive sealed bids until L. noon ders & works system bonds. Due serially from 1956 to 1965 inclusive. Garfield 13 awarded were to Hon- Sale consisted of $11,950 motor grader purchase bonds. Due 1955 to 1959 inclusive. 11,250 road Oct. 1 1 from 1955 to bonds inclusive; $458,- dated are June .. J f— Lockland, Bond Sale—The $30,000 and building repair, bonds Offering burn Co., of Wichita, and R, . ■ . ■ M. McCurtain County Indep. Sch. Dist. No. 13 (P. O. Idabel), Okla. Sale—The $6,500 bonds Bond offered Sale April 8 awarded were consisted Idabel, as to 2y2!s. transportation Due on Dec. 15 from 1955 to 179, Bank, as about Dec. 15 1969 inclusive. The from , 1955 from 1957 to 1961 in¬ works Sale—The bonds awarded $90,000 Lane 2V4S, at 100.18, National a basis of County Sch. Dist. No. 1 (P.O. Route 2, Creswell), Ore. Bond Offering—Bessie Kimball, Clerk, will receive sealed District 11 until for building 1954. to 8 bonds. Due Dated Jan. on inclusive. 1965 1960 p.m. (PST) purchase of the and 1 on $50,irou July 1, from Bonds thereafter 1956 in due callable are of Jan. as 1, 1960. Principal and (J-J) payable at*, the County Treasurer's office. interest Multnomah County Union High School District No. U220 Joint (P. O. Gresham), Ore. Bond Offering—Rose Glasheen, District Clerk, will receive sealed bids until 8 p.m. (PST) on April for the building 1954. Due 1959 purchase bonds. on of $328,000 May 1, Dated Feb. 1 from 1955 to inclusive. Principal and in¬ (F-A) payable at the County Treasurer's office. Le¬ gality approved by Winfree, Mc- Culloch, Shuler & Sayre, of Port¬ land. Port of Portland (P. O. Portland), Oregon Bond 179, $1,000,000 air¬ April 12—v. 1318—were awarded to a p. offered composed of Salomon Bros. group & Sale—The bonds Hutzler, White, Weld & Co., Co., all of New York 21/2s, at a price of 104.94, and Bache & City, as basis of about 1.55%. Umatilla, Ore. Offering Kenzie, City offered to the will re¬ ceive sealed bids until April 23 for the- purchase of $95,000 water offered April First Bond The bonds mature from 1956 to to the Prague Na¬ as 2V8S. of Prague, Stroud, Okla. Bond Offering — Marvin L. re¬ sealed (PST) bids until 8 p.m. April 26 for the pur¬ chase of $98,000 building bonds. Dated May 1, 1954. Due on May from 1955 to 1974 inclusive. Principal and interest (M-N) pay¬ able at the County Treasurer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. PENNSYLVANIA Pennsylvania State Highway and Bridge Authority (P. O. Harris- burg), Pa. Bond Offering—E. L. Schmidt, Secretary of the Authority, will receive OREGON — on E. to Offering Emelia 1 $27,300 build¬ ing, repair and equipment bonds offered April 6—v. 179, p. 1527 Bank originally Jaenicke, District Clerk, will ceive Sale—The awarded were April 12. on Washington County Sch. Dist. No. 2 (P. O. Cornelius), Oregon 12 Na¬ homa City, as 1.70s. Bond Miriam — Recorder, water bonds are dated May 1, Clackamus County School District Principal and interest (J-D) No. 62 (P. O. Oregon City), Ore. payable at the First National Bond Offering—L. A. King, Dis¬ Bank of Cincinnati. Legality ap¬ trict Clerk, will receive sealed proved by Peck, Shafer & Wil¬ bids until 7:30 p.m. (PST) on liams, of Cincinnati. April 27 for the purchase of $1,Montgomery, Ohio 170,000 building bonds. Dated Bond Sale—The $9,000 real es¬ June 1, 1954. Due on Dec. 1 from tate bonds offered April 7—v. 179, 1954 to 1968 inclusive. Callable p. 1422—were awarded to J. A. as of Dec. 1, 1964. Principal and White & Co., of Cincinnati, as interest (J-D) payable at the 1954. awarded 2.21%. 1964 inclusive. on p. 1422—were Forest Grove the Bond Lumm, City Clerk, will receive 10,000 municipal water works sealed bids until 7:30 p.m. (CST) improvement bonds. Due on on April 20 for the purchase of Dec. 15 from 1955 to 1964 incl $75,000 swimming pool bonds. Due 45,000 municipal building and serially from 1957 to 1969 inclu¬ shelter ' improvement bonds. sive. Due Port¬ $18,765.89 im¬ bonds. The bonds tional Due •v. to equipment Nichols Hills, Okla. Bond were $15,000 street improvement bonds. Sale—The 1957 to 1960 clusive. $70,000 bonds, follows: of provement bonds offered April 12 a of: 2,500 repair and furniture bonds. Ostholhoff, City Auditor, will re¬ ceive sealed bids until noon (EST) on April 23 for the purchase of as Bank of par. Forest Grove, Ore. port Oklahoma Charles price a J City, jointly. Ohio — the First National land, at Edwards & Co., Inc., of Oklahoma Seminole County Independent Sch. Dist. No. 15 (P. O. Wewoka), - — terest Logan County Indep. Sch. Dist. No. 4 (P. O. Coyle), Okla. 1, Interest A-O. Sale The $214,236.53 improvement bonds offerred April 12 were awarded to tional Bank & Trust Co., of Okla¬ bonds. from 1959 inclusive. 1954. Bond 20 trans¬ portation and $3,000 repair bonds, all due in 1958. were resurfacing Oct. on $3,500 j* 1 . Bancroft County Dependent School District No. 94 (P. O. Enid), Okla. Bond Sale — The $6,500 trans¬ portation and repair bonds offered April 1.86%. Eugene, Ore. inclusive. Morse, City Auditor, will receive sealed bids until noon (EST) on April 24 for the purchase of $23,200 bonds, as follows: on 1422—were awarded to Foster . & bids Dempsey, of Cleveland. bonds. Due from W 9C Bond Sale—The $250,000 build¬ ing bonds offered April 7—v. 179, re¬ (EST) on April 22 for the purchase of $250,000 Village Hall bonds. Dated April 1, 1954. Due on Dec. 1 from 1955 to 1969 inclusive. Principal $4,000 Charles County School Dist. No. (P. O. Coos Bay), Ore. Bond Westlake, Ohio Bond Offering — Virginia Winkler, Village Clerk, will office. — Coos about Principal and interest (M-S) pay¬ able at the County Treasurer's Offering Winfree, McCulloch, Sayre, of Portland. Shuler & sealed bids until noon (EST) on April 27 for the purchase of $2,500,000 sewage disposal plant bonds. Dated May 1, 1954. Due on the State Bank of Girard, Ohio proved'by Marshall, of Portland, on a bid reflecting a net interest cost of 10 bonds sewer New _ offered April 13—v. 179, p. 1527 were awarded to the Small-Mil- Clerk — Assistant Treasurer's office, or at agency of the State in York City. Legality ap¬ fiscal Bond Offering—Thomas J. Mc¬ Donald, City Auditor, will receive equipment County (P. O. Columbus), Ohio Bond — offered April 28 Franklin May 1 from Albany, Ohio The $30,000 water bonds to 1965 inclusive. OHIO Sale on interest (J-D) the Norwood-Hyde Park Bank & Trust Co., Norwood. Legality ap¬ proved by Peck, Shaffer & Wil¬ liams, of Cincinnati. The on 1970 to 1972 inclusive. Bond awarded April nold & Co., of Oklahoma City. 15, 1954. Due to from 1965 inclusive. on (EST) noon for the purchase of $350,000 storm water sewer bonds. D^ted Due 1 were — & Park, Ohio Bond Offering—Leo F. Renner, City Auditor, will receive sealed 1 on 70,000 2V2S. Due . C. Dempsey-Tegeler & Co.; and Tal- Securities awarded ■ . J. E. Scott, Clerk of the Board of Education, will receive sealed bids until 3:30 Offering Smithfield), Carolina North 179, Peehskill City School District, N. Bond 1 May 1 from 1966 to 1969 inclusive. $932,500 land Co.; W. H. Morton & J. County Mericka & Co., of Cleve¬ Co.; OKLAHOMA Hirsch & Co.; Bache & Co.; Wood, Gundy & Co., Inc.; Baxter, Wil¬ Calumet, Okla. liams & Bond Offering — Albert Co.; First Securities Lesh, Company of Chicago; Fulton, Reid City Clerk, will receive sealed & Co.; National City Bank of bids until 2 p.m. (CST) on Apr. 20 Cleveland; Third National Bank; for the purchase of $20,000 water Bond fered 2.87%. May on 1958 to Johnson County (P. O. on Sale —The Co., Inc.; 1973. $10,000 Bond 1955 1955 to acquisition and building bonds of¬ April 14—v. 179, p. 1658— were awarded to R. L. Day & Co., and Bacon, Stevensin & Co., both of New York City, jointly, as 2.90s, at 100.34, a basis of about Union Trust (EST) due 100,000 214s. Due Oyster Bay Union Free Sch. Dist. No. 21 (P. O. Bethpage), N. Y. syndicate headed Chemical Bank & Other members of the syndicate: a.m. 3V2S, 1422 p. land, — Guaranty Trust Company of New and interest (J-D) payable at the York; Kuhn, Loeb & Co.; W. E. National City Bank of Cleveland. Hutton & Co.; The Fifth Third Legality approved by Squire, San¬ receive inclusive; $40,000 2s, due on May 1 from 1959 to 1966 inclusive; $25,000 21/4S, due on May 1 from 1967 to 1971 inclusive; and $10,000 2V2S, due on May 1, 1972 and p.m. ^ranklinville. a were jointly by the Trust Co., and Glore, Forgan & Co., both of New York City, as 2V2S, at 101.93, a basis of about Board $230,000 2s. Due May 3 for the purchase water bonds. Dated May 1, 1954. Due on May 1 from 1955 to 1974 inclusive. Principal and interest (M-N) payable at the Town Supervisors office. Le¬ gality approved by James S. Pierce, of (DST) of to will jointly, 2 $6,000,000 Enlargement Fund Works awarded 2V4S, due on 1967 to 1969 in¬ Corp., Raleigh, and Pierce, Carrison, Wulbern, Inc., of Jacksonville, J, The — No. 17 bonds offered April 9 inclusive. from Scheidt, Town Supervisor, will re¬ ceive I $20,000 the Otto), Arthur Carolina v. I New York „ the 1658 p. 95,000 public improvement bonds: Todd p. Water Sale clusive; and $105,000 2V2S, due on May 1 from 1972 to 1976 City. 179, to May 1 from Bank, Mineola, or at The Bank, New York City. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York 14—v. Columbus, Ohio clusive; $90,000 Hanover April awarded 179, follows: tional $62,000 $425,000 bonds 18—v. $330,000 water bonds: $40,000 2V2S, due on May 1 from 1955 to 1958 inclusive; $95,000 2s, due May 1 from 1959 to 1966 in¬ $1,360,000 building April 1, 1954. Due on April 1 from 1955 to 1976 in¬ clusive. Principal and interest (A-O) payable at the First Na¬ The April Corp., Raleigh, and Carrison, Wulbern, Inc., of Jacksonville, jointly, at 100.02, a net interest cost of about 2.33%, of — Sale—The Pierce, Dated Sale group: Deer Securities April 22 for the School addition bonds offered the cago; CAROLINA Goldsboro, N. C. Educa¬ Ossining and Mount Pleasant Union Free Sch. Dist. No. 2 (P. O. Briar cliff Manor), N. Y. of of Bond about Steubenville, Ohio members C. Allyn mage & Co. tion, will receive sealed bids until Bond the gality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. as bonds. (IVi-N) notes, Each purchase inclusive. Endicott Trust Co., Endicott. on 1954. on Nov. 1 from 1954 on and Bond (EST) p.m. Principal payable at —were p.m. Due interest 1,458,720 notes. Due May 11,1955. 2 2 re¬ on offered President of the Board of until to & Co.; Bear, Stearns & Co.; Allen & Co., all of New York; Rodman & Linn, of Chi¬ L. April 21 for the pur¬ chase of $73,000 construction and improvement bonds. Dated May follows: New bids 314s, 1970 2.35%. Leland Jones, District Treasurer, will Due Dec. 31, 1954. : — of $2,- anticipation $842,000 notes. Offering $30,000 from Sweney Cartwright & Co., Columbus; Townsend, Dabney fol¬ & Tyson, of Boston, and. Fox, Reusch & Co., of Cincinnati. $1,000,000 capital notes. Due Feb. 1, 1955. 900,000 capital notes. Due Feb. 1, 2,375,000 land acquisition bonds. , sealed and July 1 inclusive. on 1973 A. lows: 47,000 improvement bonds. 200,000 building bonds. due of South Euclid, Ohio The $500,000 City Hall bonds offered April 12 — v. 179, inclusive, basis a the Wm. J. inclusive; $45,000 3s, due July 1 from 1962 to 1969 basis of about 2.33%. Syracuse, N. Y. 100.98, Bond Sale 1961 Aprif 15—v. provement bonds. at -.31%. on offered . $1,176,000 county road bonds. 3,000,000 surface drainage im¬ 2V2S, 55 (DST) of sealed on bids until noon May 6 for the purchase $20,000,000 highway and bridge Dated June 15, 1954. Due bonds. on Dec. clusive. 15 from Callable 1958 to of 1977 in¬ Dec. 15, Principal and interest (J-D) payable at the Girard Trust Corn Exchange Bank, Philadelphia, Fis¬ cal agent of the Authority, or at the Authority's agency in New York City. Legality approved by Morgan. Lewis & Bockius, of Philadelphia. 1958. as ( 56 The Commercial and (1772) defaulted Uniontown, Pa. Bend Offering City Clerk, will receive fcids until 7:30 p.m. (DST) the 19* for Baker, E. H. — sealed on of purchase May $70,000 general improvement bonds. £)ated June 1, 1954. Due on June A from 1955 to . 1970 inclusive. Le- on Washington County (P. Washington), Pa. Sale—The Bond ■ has never been forced a or "managed refunding" of maturing bonds. This before Puerto record existed Rico even under came the American Flag in 1898. Rico Puerto lowed The O. $120,000 any there 4gality approved by Burgwin, Ruf- fin, Perry & Pohl, of Pittsburgh. been delinquent in principal or interesi obligations. Moreover, or of payment has fol¬ always conservative debt policy. a net debt June on (gross debt less sinking fund pro¬ visions) was slightly under $28,- gen¬ 000.000 compared with assessed taxable property of eral an obligation bonds offered valuation of .April 12—v. 179, p. 1528—were $881,000,000. This was equivalent awarded to S. K. Cunningham & to 3.15% of assessed valuation. In Co., of Pittsburgh, as l%s, at the fiscal year 1953-54 debt serv¬ 400.41. ice amounts to only 2.03% of an¬ nual recurrent revenue receipts. PUERTO Puerto Rico Bonds RICO (Commonwealth of) now Investments Legal ®?>r Savings Banks in New York State A — •narket considerably for the broader of bonds economic The Puerto Puerto Rico been at an recent has years exceptionally fast rate. Net income of the Commonwealth increased from Sullivan County (P. O. Bond Sale—The $700,000 bohds offered April 1211—were $228,000,000 in in 1953, a net 1940 to $956,000,000 gain of 416%. Favorable tax treat¬ its municipalities, and its ment has attracted industry to borrowing authorities, is foreseen Puerto Rico, speeding the transi¬ ■as a result of the signing by Govtion from an agricultural economy pernor Thomas E. Dewey, of a bill to a balanced economy of indus¬ ■enacted by the New York State try and agriculture. Establishment legislature adding these bonds to of industrial enterprises has been the Legal List for savings banks greatly accelerated by the Indus¬ Jtn New York State. -Because of technicalities in the trial Tax Exemption Act of Industrial the and 1948 Incentive school 13—v. 179, awarded to a p. group of the First National Memphis, First American Bank of Nashville, and the Trust Company of Georgia, of Atlanta, at 100.01, a net inter¬ composed Bank of National est about of cost 2.10%, $200,000 2V2S. Due On July 1 from 1960 inclusive. 1956 to 120,000 2I/4S. Due 1961 ! ; July 1 from on 1963 inclusive. to 380,000 2s. Due 1 from July on 1967 inclusive. 1964 to ; I v County, County Indep. Texas ■ ■ , ; y. Bond Sale—An issue of $700,000 school house bonds was sold on April 8 to composed group a of liave included been the on SOUTH Yhe term "state," in the old law, was interpreted to include every ^'territory" of the United States, which took Hawaii of care and necessarily omitted Puerto Rico, since the island is aiot a territory. The Puerto Rican people, in a Alaska, but ^referendum in June of 1951, voted overwhelmingly Federal to Relations Rico compact the and which Act the basis of the present wealth status. The the approve Puerto States is action out ^States of both by Congress Puerto Until and Rico. present corrective legislation was enacted by the iState of New York, savings banks and many investors who used the New York Legal List as an in¬ vestment yardstick ceive were unable vijJto invest in Puerto Rican bonds, bids sealed (CST) will until 3 re¬ p.m. April 29 for the pur¬ $65,000 general obliga¬ tions hospital bonds. Dated May 1, 1954. Due on May 1 from 1956 ;o 1968 inclusive. Bonds duel in of bonds of the Bond bonds March offered 875 p. Custer 179, the to County Bank, of Custer, as ever Hartford, 5. Dakota Offering—W. G. Haugen, City Auditor, will receive sealed bids until 8 p.m. (CST) on Apr. 26 for the purchase of $25,000 gen¬ eral obligation disposal plant im¬ provement bonds. Dated June 1, to 1S67 June June on inclusive. 1 1956 from Callable as of 1962. Principal and in¬ (J-D) payable at the City 1, terest TENNESSEE 1, 1953. Due to DIVIDEND NOTICE 1978 interest on Dec. 1 from 1954 Principal and payable at the inclusive. (J-D) City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. Harriman, Tenn. Bond Offering—Neva J. Brown, City Clerk, will receive sealed OIL bids 1 The Board of Directors of Sinclair Oil from April 8. 1954 declared the Earned Surplus of the Cor-.. on poration a regular quarterly dividend sixty-five cents ($,65) per share on of the Common Stock, on 7:30 payable by check June 15, 1954 to stockholders of record at the close of business on May 14. 1954. P. C. SPENCER President p.m. 000 electric system revenue bonds. Dated April 1, 1954. Due on June Common Stock Dividend No.94 Corporation until (CST) on April 20 for the purchase of $100,- CORPORATION April 15, callable of as 15, 1969. Principal and in¬ terest (A-O) payable at the State Treasurer's office. Legality ap¬ & Gibson, of from 1955 are callable 1961 to Bonds due in inclusive. 1960 and thereafter as of June 1,1 1959. Principal and interest (J-D) able at Trust gality the Co., Chemical New approved pay¬ Bank & York by City. Le¬ Chapman & Cutler, of Chicago. County (P. O. Lawrenceburg), Tenn. Bond Offering—A. D. Lindsey, County Judge, will receive sealed a.m. (CST) on inclusive. Bank of Bos¬ Legality approved by Storey, Thorndike, • Palmer & Dodge, of Boston. Adams, District Colfax), Wash. Bond Sale—The $217,000 build¬ ing bonds offered April 9—v. 179, 1528—were awarded to Foster p. & Marshall, of Seattle, on a bid reflecting a net interest cost of about 2.37%. WISCONSIN Treasurer, will Menomonee Falls, Wis. Bond Offering — Sylvan J. ^ Baudhuin, Village Commissioner, Ver¬ will receive sealed bids until 8:30 Peoples National Bank, Brattleboro, until 2 p.m. (EST) (CST) on May 17 for the purchase of $240,000 sewage dis¬ posal plant bonds. Dated July 1, receive sealed bids the at mont April 20 for the purchase of $24,000 municipal improvement on Dated May Bank 1 1954. Due 1955 to 1974 in¬ 1, May from Principal and interest at the First' National of Boston. Legality ap¬ by Ropes, Gray, Best, & Rugg, of Boston. proved Coolidge 1954. Due July 1 from 1955 ta Principal and in¬ payable at the Farmers and Merchants Bank, Menomonee Falls. Legality approved by Lines, Spooner & Quarles, of McMahon terest (J-J) Milwaukee. April 9 1528 — were Securities, Inc., of Brattlesboro, as 2.40s, at 101.67, 41/2S, at Due March Dated nar. on sold to Frank Co., of Dallas, as 15, March 15 from 1955 inclusive. 1983 Legality ap¬ Huguenin & Boothman, of Dallas. by proved Dumas, VIRGINIA City Manager, will receive sealed bids until 2:30 p.m. (EST) on April 21 for the purchase of $700,- at the First & Mechanics National works water Central and bonds revenue sold Investment Co. of San Antonio, as 3s. the to of Texas, Dated May Galena Park Virginia Beach), Va. Offering — F. W. Bond May receive Indep. Sch. Dist., bids Jan. 1 from 1955 to bonds offered until 179, p. 1659—were a group composed of Phillips Investment Co., to R. 1981 1955 to 1959 inclusive. 2V2S. 125,000 Due 1960 from 2%s. 150,000 from to 1967 to inclusive 1966 April on 1973 15 15 Quebec, (MST) Lauren W. revenue notice 8 p.m. of May sale obtained Agent. until 12 for the pur¬ $275,000 water and sewer bonds. Copies of the on chase of be received be The and brochure from bond the may Fiscal issue pledges 100% of net revenues of the exist¬ approximately 300% of bond principal and in¬ terest requirements. Midvale City is part of Metropolitan Salt Lake City and reports an assessed val¬ net income of at 96.49, a 3.97%, Due as follows: April 1 from on April 1 from on 1959 to 1974 inclusive. The bonds i954. are dated April' 1*. , Rouyn Roman Catholic School Commission, Que. Bond Sale—An issue of $400,000 school bonds were sold to Rene T_ Leclerc, Inc., of Montreal, at a* price of 92.62, a net interest cost of about 4.60%, as follows: $271,500 3s. 1955 Due Due 1965 to on 1964 to 128,500 4s. 1 from. Jan. inclusive. on Jan. 1 from* 1974 inclusive. sealed bids at the office The bonds Merchants and of National Richmond. of are dated Jan. 1*. 1954. St. Leon-Le-Grand School Commision, Que. Debenture Sale — An issue of $106,000 building debentures was sold to a group composed of J.. E. Laflamme, Ltd., LaCorporation de Prets, and Grenier, Ruet & Co., Inc., all of Quebec, as 4s> at a orice of 97.02, a basis of about: 4.54%. Dated March 1,1954. Due^ on March 1 from 1955 to 1974 in¬ clusive. SASKATCHEWAN King County, Vashon Sch. Dist. No. 402 (P. O. Seattle), Wash. Gi'bbs, Fiscal Agent, 401 Zions Savings Bank Bldg., Salt Lake City, informs us that sealed bids will de- inclusive. Mid valeUtah — Cie Ltd., of; net interest 1955 to 1958 inclusive. WASHINGTON Offering from May 1, 1954. sold to was 57,000 3%s. Due Occoquan- Legality ap¬ proved by Reed, Hoyt, Taylor & Washburn, of New York City. UTAH B«nd 1 Placement, en the Bank May on Offering—J. Gordon Ben¬ First April on Due school bonds Valeurs in¬ nett, Secretary of the State Com¬ mission on Local Debt, will re¬ ceive Due Each issue is dated 2 Commission, Room 222, Fi¬ nance Bldg., Capitol Square, Rich¬ Inc., Houston, James C. Tucker mond, until noon (EST) on Apr. 22 & Co., Austin, and Lentz, Newton for the purchase of $110,000 water & Co., of San Antonio, at a price system bonds. Dated April 1, of 100.01, a net interest cost of 1954. Due on April 1 from 1957 about 2.68%, as follows: to 1983 inclusive. Principal and $75,000 3s. Due on April 15 from interest (A-O) payable at the the J. May 1 from Joliette School Commission, Que. Bond Sale—An issue of $115,000 Cox, Principal and interest (J-J) payable at the County Treasurer's office, or at the Bank of New York, New York City. Legality approved by Wood, King & Dawson, of New York City. William County, follows: as on 1965 to 1969 inclusive. $58,000 3s. (EST) on April 20 for the purchase of $1,300,000 school bonds. Dated Jan. 1, 1954. Due Bond 12—v. awarded sealed issue of 1955 to 1964 inclusive. 29,500 4s. p.m. T exas April County (P. O. Woodbridge Sanitary Dist. (P. O. Manasas), Va. Bond Sale—The $350,000 school refunding 4.22%, Due cost of about Clerk of the County School Board, Prince inclusive. 1963 ap¬ of New York City. Due on May 1 from 1955 1, 1954. to system sewer was Legality proved by Wood, King & Dawson, will f ' ''J Prin¬ cipal and interest (M-N) payable Princes Anne's An — $40,500 3^s. general improvement bonds. Dated May 1, 1954. Due on May 1 Richmond. ifc J improvement de¬ bentures was sold to Banque Canadienne Nationale, and CreditQuebec, Inc., both of Quebec* jointly, as 96.94, a net interest 0U0 from 1955 to 1974 inclusive. . public cost of about Bond Offering—Arthur L. Dow, of Saie Debenture $70,000 clusive. Sale—An issue of $40,000 Bond p. basis of about 2.21%. a • <. Charlemagne, Que. Vermont to Harrisonburg, Va. on Ferris, Texas 179, —v. awarded ,«"■ <- QUEBEC offered bonds . r ;',:'. " CANADA school $60,000 construction was & Sale—The Bond Bond Sale—An issue of $40,000 building bonds on 1969 inclusive. . house • p.m., Tunbridge Town School District, Bank B. 15, Interest District No. 264 (P. O. ' ■ Marlboro School District> Vt. Bond Offering r— Gerald L. Bond Offering—A. A. Tremper, County Treasurer, bids sealed until receive will 11 (PST) April 29 for the purchase of $100,000 building bonds. Dated May 1, 1954. Due on May 1 from a.m. on 1956 to 1974 after 7 years inclusive. Callable from date of issue. Principal and interest (M-N) pay¬ able at the County Treasurer's of¬ fice. Legality approved by Weter, Roberts & Shefelman, of Seattle I Saskatchewan (Province of) Debenture Sale — An issue of $10,000,000 3y4 % debentures'was sold to a group composed of 1 Harris & Partners, Ltd., Burns Bros. & Denton, both of Toronto,. Dawson, Hannaford, Ltd., of Montreal, Midland Securities Corp., Ltd., of London, Ont., andf Osier, Hammond & Nanton, of Winnipeg. Dated April 15, 1954.. Due a April whole on 15, 1972. Callable April 15, 1970. as Prin¬ cipal and interest payable in Ca¬ ing water and sewer systems, with Lawrence bids until 11 Gibson by Erath County Rural High School District No. 31 (P. O. York SINCLAIR National First Feb. 1966. on Feb. 15. Legality by Preston, ThorgrimHorowitz, of Seattle. ; p.m. pur¬ 1969 to 1, annually & re¬ 9 ton. , maturing in 1970 are house Chemical Bank & Trust Co., New j dated are those and 1954. Due 1955 15 April to 1954. the April 15, 1973. on thereafter and sewer 5s, at par. Bond from Huckabay), Texas 1—v. awarded were — Common¬ agencies, has 1954 bonds Custer of Puerto Rico and its Davidson County (P. O. Nashville), municipalities are exempt from Tennnessee taxation by the government of the Bond Offering—Beverly Briley, United States or any state, munic¬ County Judge, will receive sealed bids until noon (CST) on May 18 ipality or territory. Neither the government of for the purchase of $1,000,000 Puerto Rico nor its municipalities, school building bonds. Dated Dec. or April on Austin. wealth authorities, The proved May 1, 1963. Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. City, S. Dak. Sale—The $13,500 until Principal and interest payable at inclusive. Due 74,000 Is. Due of States. The 2%s. April 15 from on 1961 from 1962 to 1972 inclusive. 1964 and thereafter are,callable as though they realized those Legality ap¬ obligations were : surrounded by Treasurer's office. substantially all the safeguards proved by Danforth & Danforth, inherent in the obligations of the of Sioux City. (even to 454,000 on chase the United the people the 1955 A. William — County Auditor, Hauff, a unique political relationship. It is ..sanctioned by ratification on each &ide and cannot be changed with¬ Offering . $172,000 3s. Due South Dakota Bond Common¬ between United is DAKOTA County (P. O. Martin), New York Legal List for savings banks. 1 Dated Feb. Whitman and Adams County, Lamont Consolidated School Saus- for the 21 Due Act follows: Bennett bids April on payable Sch. Dist. (P. O. Port Lavaca), ;^-..1 sealed 4Y2S. as 1954. son chase of $149,000 refunding bonds. Dated April 1, 1954. Due on April on Rowles, Winston & Co., of Hous¬ ~35&rdihg of the previous law re¬ of 1954. New industries were ton, Stern Bros. & Co., Kansas lating to savings banks investestablished in Puerto Rico last City, R. A. Underwood & Co., of Iments, Puerto Rican bonds were year at the rate of one approxi¬ Dallas, and the Provident Savings «cot included, even though. their Bank & Trust Co., Cincinnati, as mately every three days. Ciigh investment status was rec¬ ognized. Obligations of all states and certain designated municipal¬ ities and political subdivisions ceive geles, approved ville, Village Treasurer, will clusive. Calhoun val¬ due Bennington, Vt. Offering—Louis F. Bond bonds. TEXAS and real VERMONT :U lows: estimated uation of $15,000,00. fol¬ as 1953 of $5,416,907 officially (EST) T 0M1€88€G llico, * Bluntville), for uation an of development in the purchase of $163,000 Dated .May 1, 1954. Due on May 1 from 1957 to 1974 inclusive. Principal and interesi. (M-N)) payable at the First Na¬ tional Bank of Lawrenceburg. Legality approved by Chapman & Cutler, of Chicago. 1953 30, for 10 school bonds. Financial Chronicle... Monday, April 19, 1954 Port ' Bond Angeles, Wash. Sale 982.60 Local No. 164 — An nadian funds issue of $25,- Improvement District bonds was sold to the First National Bank of Port An¬ the Dominion. in various cities ira Legality approved! by Daly, Thistle, Judson & Har¬ vey, of Toronto.