Full text of Commercial and Financial Chronicle : April 27, 1953 : General Corporation and Investment News, Vol. 177, No. 5215

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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APr 27
1953

ISSUE

MONDAY

^§0*

**» Sssrunu
jimi

■

Ike Commercial w

Chronicle

Financial

Reg. TJ. 8. Pat. Office

Price 90 Cents

N. Y., Monday, April 27, 1953

New York 7,

Number 5215

Volume 177

General Corporation and Investment
RAILROAD

PUBLIC UTILITY

-

INDUSTRIAL

-

INSURANCE

-

ACF-Brill Motors

Co.—Registers With SEC—

company

owned by Allen & Co.

lor public sale.
The stock and

warrants

are

In This Is sat

which the latter proposes to offer

to be

Stock and Bond

on the New York Stock Exchange or 25c per warrant
prevailing market price on the American Stock Exchange.
execute sales of the stock or warrants will receive tne

New York

Stock Exchange
Stock Exchange

A

warrants are sold at the

Boston

(the respective closing prices on April 7, 1953), the aggregate
commissions for the sale of the common shares will be $22,921.47 and

Cincinnati Stock Exchange—

and the proceeds to the selling stockholders
shares and $41,195 for the war-*
(prior to $14,225.16 of expenses).
According to the prospectus, Allen & Co. owns 215,360 common shares
<22.3%), 59,303.5 warrants (21.2%), and $1,311,000 (50.5% > of the
ten-year 5% convertible debentures, due Dec. 31, 1962.—V. 177, p. 1677.

Midwest Stock Exchange

warrant
for

be

Detroit Stock Exchange

$3,108,

warrants,

the

will

Exchange

Stock

$1,189,897.28 for the common

Registers With Securities and

Canada—

Exchange

Exchange Commission—

corporation

22,

1953,

Adam Hat Stores,

activate

expansion

large-scale

a

company's established Hat Division and

in

program

analysis

Mr.

Manufacturers

an

intensive

eight-months

directed

he

which

$6,388,985
taxes

173,305

Prov. for Fed. inc. taxes

Crl6f558

inc.

before

$7,351,597
794,376
508,444

$7,554,4°8
1,047,508
596,113

31, '49
$5,505,576
< 592,605
228,547

$451,395
131,959
175,992

$364,058
109,953
175,992

$2.53

$2.07

Jan. 3, '53 Dec. 29, '51 Dec. 30, '50 Dec.

sales

Profit

shares outstanding

175,992

$285,932
131,959
175,992

Earnings per com. share

$1.08

$1.62

Net

$189,863

profit
Dividends
paid^_
Com.

,

deducting

tAfter
V.

176,

t86,306

$1,673

of

dividend

notes

returned

to surplus.—

765.

p.

Alabama Power Co.—Office of

Transfer Agent—

April 9 announced that "'effective
the transfer agents of the companies
120 Wall St., New York 5, N. Y., will
be located at Room '2016, 20 Pine St., New York 5, N. Y.: Alabama
Power Co.; Central Illinois Light Co.; Consumers Power Co.; Georgia
Power
Co.;
Mississippi Power Co.: Ohio Edison Co., and Southern
Indiana Gas & Electric Co."—V. 177, p. 1677.
B.

W.

April

named

Eggert, Transfer Agent, on

20,

the

1953,

office

of

below, formerly located at

Albemarle Paper Mfg.

The

new

addition

the

existing

facilities

for the

production of unbleached kraft paper. The project included construc¬
tion of a
two-story building to house a new 246-inch paper machine
and its necessary stock preparation equipment,
as well a3 additional
finishing
and a

and

shipping facilities,

a

high

storage tower,
plant.—V. 173, p. 197.

Cap.

approved

authorized

700.000

par

or

Algemene Kunstzijde Unie N.V.,

Arnheim, The Neth¬

See

United Rayon

Manufacturing Corp. below.—V. 177, p. 409.

of soliciting

one

new

share for each

10 shares held.

War¬

(EDT) on May 15, 1953. Such
rights may be exercised either in Canadian dollars at
a price of (Canadian) $33.50 per share or alternatively
at the option ofeach subscriber, in U. S. dollars at a
price of (U. S.) $34 per share. The First Boston Corp.,
A. E. Ames & Co., Ltd., and White, Weld & Co. are
dealer-managers ior .the offering and have undertaken




of

this

This

the
The

by

to

the

in

"9,005,235 shs.

shares

Boston

Being Made to Public—

and

Corp.

year

Airlines,

it carried
miles.

is

increase

an

same

Inc.—Passenger

to 69.6%

American

first

in

the

of

1952.

of

1,204,036
14.2%

increased

quarter

Ton

miles

passengers

over
a

from

in the same period

Airlines

March," Mr. McGaw

during

April 13 announced that a new,

wholly owned sub¬

(& Subs.)—Earnings—

American-Marietta Co.
Feb. 28—

sales

—

13,906,138
3,588,641

income

end.—V.

*398,000
$342,083

$758,625

income

"After

10,932,212
2,777,000

790,000

products

of

1953
1952
$19,043,404 S14.449.3UO

L

Sold
Operating expenses, less other
Taxes on income (estimated)
Cost

at

re:entlv expanded headquarters building
ill.—V. 176, p. 1369.

Avenue in Evanston,

Three Months Ended
Net

adjustment to effective
177, p. 1365.

American Potash &

a

fiscal year-

rates as accrued at 1952

Traffic

a

total

Higher—

three months
of

680,750,000

the

11.8%

67%

in

1,054,339 passengers

carried
miles.

increase in passenger
the first

three months

last

this year.

Airfreight traffic
showed a 16.6%
the first quarter
totalled 12,271,517 in the first three months of

reported

on

April

that its
increase over
21

Chemical Corp.—New

company's Eston Chemical
soil conditioner being

new

Product—

Division announces the introduction
marketed under the tradename of

"Tronatil."

contains

Tronatil
the

effective

most

material

vinyl

acetate-inaleic

anhydride copolymer resin—

soil conditioning chemical now known. Use of this
under patents recently issued to the Monsanto

licensed

is

Chemical Co;
Eston

The

Chemical

Division

through established dealers and
ages.—V. 176, p. 2261.

American Research &

plans to market Tronatil nationally
wholesalers in 5, 10 and 50-lb. pack¬

Development Corp.—Affiliate to

Recapitalize—Sell Additional Stock—
This

Boston

of

the

between

has joined with Baird
Mass., in the filing of an exemption

investment

Cambridge,

Inc.,
with

period last year and
factor

on

company's

parent

2020 Ridge

share purchase plan and share option
shareholders on April 30. 1953, a further
may be issued from time to time pursuant

the

year

load

$3,500,000

of

had been approved and would become operational as quickly
personnel can be recruited, trained and assigned. The new company,
"be known as American Motel Supply Corp. will maintain its offices

as

Outstanding

corporation reported on April 20 that in the first

passenger

in

directors

Net

Ltd.—V. 177, p. 1470.

basis of

sales

sidiary

Aluminium Ltd.—Offering to

rants will expire at 3 p.m.

gross-

New Subsidiary Company—

Form

The

American

by

parent company's sales during the first quarter of 1953
$3,607,436."
the end of March, 1951—the company's previous all-time record

The

FINANCING

associates on April 22
shares of capital stock at $41.75 per share,
with a dealer's concession of $1.10 per share to NASD
members.
Of this total, 62,200 shares are being sold in
Canada through a group headed by A. E. Ames & Co.,

This

history.

"the

At

thq sale of the shares will be
available for general corporate

Part of Above Stock Offering

Stockholders—The compay is offering 8X8,657 additional shares of capital stock
(no par) to shareholders of record April 24, 1953, on the

the first three
quarter in the

quarter—American's gross sales figure of $8,850,000 included about
$500,000 more in sales to the Federal Government than does the sales
total for the first quarter of 1953.
"Therefore," Mr. McGaw continued,
"American's sales to civilian institutions during the first months of
1953 are about $250,000 higher than those effected even during the
'Korean scare buying' days of early 1951. This 1953 increase in sounder, •
more dependable nongovernment business was expedited by record sales
in three of
American's eight sales divisions—Chicago, Minneapolis
and Washington, D. C."

of

First

shareholders

18 announced to

totaled

3

value.. 10,000,000 shs.

Supply Corp.—Record Earnings—

President, on April

company's sales to civilian institutions during
of 1953 exceeded those during any previous

"Peaked

thereto.-

The

$198,519
645,200
$0.31

proposed

company's

the
are

$172,981
645,200
$0.27

•

—.

1045.

McGaw,

G.

the

said,

the

GIVING EFFECT TO PRESENT

without nom.

stk.

•If

plan

$171,099
645,200
$0.23

—

——

p.

comoar.y's

assets.

fixed

gross

1951
$1,877,377
603,319
407.800

American Hospital
Foster

including the financing of the company's expansion pro¬
gram
which is scheduled to be substantially completed in 1954.
The cost of this program, as presently authorized in British Columbia,
the
Caribbean
area.
Quebec, and elsewhere, is now estimated at
$435,000,000 through 1954, of which approximately $317,000,000 had
been expended
as of Feb. 28, 1953.
BUSINESS—Company was incorporated by Letters Patent (granting
a
perpetual charter) of the Secretary of State of Canada in 1928
and has its head office at 2100 Sun Life Building, Montreal, Que.,
Canada.
At its inception
the company acquired in exchange for
its
own
shares,
equity interests
in various companies owned by
Aluminum
Co.
of America.
The company has continued to be a
holding company and now consists essentially of 47 subsidiaries and
affiliates in 20 countries,
the principal subsidiary being Aluminum
Co.
of
Canada, Ltd.
(Alcan) which represents approximately 75%
consolidated

profit-

176,

that

offered 249,003

erlands—Registers With SEC—

for inc. & excess

—V.

subscriptions for the shares.

PROCEEDS—The net proceeds of
to the funds of the company

the

r-52
$1,916,943
556,231
383.300

taxes

income

Capital shares outstanding
Earnings per common share

50

best efforts to form groups

added

of

1953
—$1,996,872
530,999
profits taxes
359,900

March 31—

——

Net

purposes,

density pulp

6,000,000-gallons-per-day water treatment

Encaustic Tiling Co., Inc.—Earnings—

American

Banks of

Authorized

plant in North Carolina has
April 17.

plant's

their

use

dealers to procure

CAPITALIZATION

of $5,800,000, it was announced on

augments

to

Co.—Unit Expands—

Expansion of company's Roanoke Rapids
been completed at a cost

applied to the reduction of short-term notes.—V. 174, p. 1293.

company

months

System..

Reserve

capital
initially

the

be

Corp.—Earnings—

Advance Aluminum Castings
Years Endec—

Wet

.

the financing will be added to the working
and used in its general business, but may

Proceeds/ of
of

1677.

p.

Corp.).

ties

50

Capital Flotations for December and
Twelve Months of 1952

as chief of the
Counsel Division of Amos Parrish & Co.—V. 177, p. 1677.
operations

Adam's

of

followed

Hillman

pany,

Statement of Federal

Condition Statement of Member

Adam's rapidly growing Sports¬

Federal
of

election

The

1, 1973, to be offered for public sale at
commission to the underwaters theaded

Profit before

Reserve Banks

the

Division.

wear

filed a registration statement with
covering $2,000,000 of capital debentures,

company

1953,

$45

City Bond Offerings

Combined Condition

of Georgia — Registers With
Commission—

the SEC on April
5.90% series due
$1,000 per unit with a.
by A. M. Law & Com¬
Johnson, Lane, Space & Company, Inc., and Interstate Securi¬

The

16,
May

Prov.

Committee.

Co.

Discount

American

and

division of the American

177, p. 1149.

Securities and Exchange

60
The Course of Bank Clearings
49
Redemption Calls and Sinking Fund Notices._50
Dividends Declared and Payable
50
Foreign Exchange Rates
50

Inc.—New President—

guidance systems, computer elements
for both defence and industrial use.
Corp. will become a

Investment News. .Cover

General Corporation &

Hillman has been elected President of this corporation.
Lustig, who has been acting as President since last May, will
continue in his permanent office
as Chairman of the Board,
and
Bawrence
R.
Kessel
will continue
as
Chairman of the Executive
will

Foundry Co.—V.

Car &

Sales

State and

missile

and

Instrument

Avion

The

Miscellaneous Features

Murray

Hillman

Corp.

similar electronic devices

3 Mos. Ended

Elias

Mr.

—

Co.—Acquisition—

Charles J. Hardy, Jr., President, this company ha3
entire outstanding capital stock of the Avion Instru¬
of Paramus, N. J„ which conducts research and develops
to

the

control

fire

—__42
Canadian Stock Exchange—
43
Toronto Stock Exchange
44
Toronto Stock Exchange—Curb Section..
47
Over-the-Counter Markets
48
Transactions New York Stock Exchange
37
Transactions American Stock Exchange
__37
Dow-Jones Stock and Bond Averages
..^.37
National Quotation Industrial Stock Averages.37
SEC Index of Stock Prices_._^r__._^_.-.^«.37

filed a registration statement with the SEC on
covering 250,000 shares of its no par common stock,
to be offered for public sale "as a
speculation" through M. H. B.
Weikel, of Los Angeles, the underwriter. The underwriter is to pur¬
chase the shares at $1 per share net to the company; and, according
to the prospectus, "The underwriting arrangement are that the under¬
writer is to receive 10%
commission or discount, and dealers 20%,
and the stock is to be offered to the public 'at the market' (across
the counter). ..."
.
\
\ ,
Approximately $200,000 of the proceeds will be used to purchase a
dragline dredge and floating washing plant and assemble same, while
the remaining proceeds will be spent for the
purchase of supplies
and payment of labor and miscellaneous expenses. The company has
outstanding 502,902 common shares, of which approximately 96% is
held by
officers and directors. The underwriter has an option to
purchase 100,000 shares at $1 per share.
This

April

ment

Exchange

Stock

Montreal

packaging a wide range of
at the National Packaging
177, p. 1577.

Chicago by this company.—V.

American Car & Foundry
According

purchased

41
41
41

Pittsburgh Stock Exchange
San Francisco Stock

Mines Ltd., Vancouver, B. C.,

Gold

Acteon

Non-Drip Can—

tinless can designed for
liquids was introduced

American-Canadian Uranium, Ltd.—Name Changed—
Athabasca Uranium Mines, Ltd. below.—V. 175, p. 1953.

39

Philadelphia-Baltimore Stock Exchange

4,294,802

See

__38

Exchange

Angeles Stock

Los

xants

non-food

and

Exposition at

17
-29
33
38
38
38

(Stocks)—
(Bonds)

non-drip

new

food

Exchange

Stock

American

brokerage commissions.
If all common shares and
assumed prices of $5.62'/a per share and $1 per

stock

customary

York

New

who

Brokers

Quotations
Page

price
the

tinder

last year.
compared

as

express

2,358,037

American Can Co.—New

offered on the New York Stock

and the American Stock Exchange, respectively, from time
to time at current prices, or in the over-the-counter market at prices
not more than 50c per share of common stock under the prevailing

Exchange

market

year

Air

The company

the

MISCELLANEOUS

-

with

filed a registration statement with the SEC on April 20,
1953, covering 215,360 shares of common stock ($2.50 par) and 44,303.5
common
stock subscription warrants, being outstanding securities of

News

compared with 10,523,411 for the same period
increased 14.7% totalling 2,704,980 ton miles
last year.
Airmail showed a
slight decline of 0.2%, dropping from
ton miles to 4,286,549.—V. 177, p. 409.

this

'

Copy

a

company

recapitalization of Baird; and the Commission
giving interested persons until April 28, 1953,
thereon.
Baird

Associates,

application

with respect to the sale and purchase of securities
Research and Baird in connection with a proposed plan of
SEC

has issued an order
to request a hearing
,

is

.

,

engaged principally in the manufacture of spectrochemical
for use in industry, and also in the conduct of research,

Instruments
in

optics;

spectroscopy

and other

fields.. The primary

objective of

2

(1786)

11*

recapitalization

:rie

/

The Commercial and Financial
Chronicle

stock

of

considered

r.3rmit expansion

gndorc£e

,

<

shares

of

par

fiie,

of

(Harris,

equals

receive

more

in

compensation

the

"will

into

enter

privately

at

$10

par
pre-

numbei

sue a

of

Gf

and

y-rmrriiiic

ffnn

the

to

additional

as

annlication

preferred

977'

of

the

San

r.Jnt
ment

also

v.ith

on

affiliates/.

It

|he

jn
fQr

f

Baird

to

that

that

to

will enter

into

period
penoa

three
wuee

Baird
for
tor

run

a

Scal-Kap rn,n
C
p.

oi'

stockholders

o
01

advisory

an

the

April 8

on

to

company

with

years
y

long

A.

500,000

Mackin,

range

be

steps

nf

voted

V. 176,

iipiaware

for

$2

Several steps

told

Stork

Incr

stock,

common

par

stockholders

expansion

provide

to

existence

that

capital

for

base

consjderatlon

a

minerai claims and

the

Stales

Ho —Msrch

WS3-jMonth—1952

haye

$

Gas Corp.

'

oenture

fund

of

Corporate

177,

Aoril

which

to

due

the

1973

17

Structure

for

1953

orooo'ses to'

it

under

the

aP

a„reed

approved

by

$23,000,000

Plan

for

the

SEC

on

with

agreement

by the company.

43.27'/a%

own

will

and

George

of

the

41.28%

own

D.

underwriter

the

stock

of

Clarke

the

will

for

for

the

shares

terms

Earnings

of

the

t0

thcjr

vote

stock

be

as

the

direct

may

promoters,

for

period

a

Aprii

on

filed

17

registration statement

a

of

two

the

of

The

common

pu511c

offering

price

itTSSL""
and

and

in-

Net

and

other

proceeds

the

of

sale

of

New

York,

to

are

equipment and to

used

in

be

The

for

used

fnfy

provide working

together

Chase

the

...

„

with

National

acquisition

American

The

company's

construction

for

program

is

1953

values

capital.

the

the

Merger of
Co.,

on

Corp.

below.—V.

this corporation

and

its

177,

was

subsidiary,
tl)e name of

the

completed

same

April

on

time,

17

under

ot

Natural

Gas

Arkansas

Gas

1,

1952

District

shares in
the

and
of

the

ordered

was

Delaware

simplification

holders of

Corp.,

enforced

Jan.

on

plan

former parent,

of

City

as

a

a

of

one-half

Gas

share

in

51V2%

of

the

Arkansas-Louisiana
Cities

Service

company.
various

Corp.,
been

the

sepa-

Co.

of
At

and

U.

S.

SEC

for

each

in

a

of

that

with

capital

to

Dealers

continued
sales

&

—v.

holdings

in

the

be

used

for

retirement

Robert L.

Kidd

the

of

that

Mr,

company,

Kidd

simplification

177,

£nd (Del.) and in. the past five years
(1?Pi ?XnPnrtr^ni0t hpanliPHlUCvipr\

fne areas°o^the United

plan,

Co,

M
exchange shares

stock

of

Arkansas

stock

of

Arkansas

in

of

V

,

,

Natural

Fuel

Louiijiana Gas Co.-V.

Gas

Oil

177,

p.

Corp.

Corp.

for

and

and

charge

class

shares, of

common

of

A

are

are

the

Hook, Chairman,

on

had

last

amateur

company s

297 271

$0.58

by

yeai

about

equipment

Coffin

Finishers

of

stockholders
the

of

that

MPDFA

retail

for

1953.

A

said

should

gradual
the

remain

decrease
over-all

for

is

at

ates

in government
outlook
for
the

another

orders

is

im

1

Oct. 1,'51

through
Mar. 23/53

705,977

1470.

$1.70

-816,628
$2.02

.

n9Qcy

Aoc^i-riorl

Burr and Patae,

net

loans

commission

to

uublic

system

income

gross

Bonds Offered

9

nfiiri•

of

the

stock

sale

NOTE.

1

r,

.

proceeds

and

to

$1

1953

that

account

of

the




fluctuations

V'

and

on

April
shares,

chaw

headed

wifh

by

a

FUst
v

against

the

short

™

ot

,th

££

a

for

win

enmnanv

»

1933

are

«««,,»

estimated

«0n

V SSt

«rt«

,h

financing

fixed

morteMM

and

arising
1953

funds

^

stock

stock

Jackson

&

&

p.

($100

($50

will

be

used

to

Manager

Wolverine
'•

Tube

Division,

Don

W.

for

pi,nrn-

of

exchange,

remittance

for

Vice-President

was

named

„i

/-a

s

General

Manager

Detroit.

designated Controller.—V

nar^

par

par

^

177

1046

p

,,

T

maHp

wa?

Anril

nn

0

,

5

ifi

H-.,

rihu

7

I

Y h

i

jp.
,

dealer's discount of

a

1952

amounted

was

to

$1,563,898.

' 35*000

knit

underwear,
it
Vice-President

Carter,

-

to

Carter's

with

for

20

Dana

for

Coffin

will

Needham

funds

plant

from

an

company/which
ADril

on

will

be

be

bv

23

constructed

approved

bond

issue

m

broken

for

the

project

within

Mass.-V.

171,

to

near

future,

one-story

feet

and

1042.tO

p.

the

modefn,

of

floor

con-

space.

Gilbertville. -Mass.,

the

home

installation

^ mstallatlon

fibre

"roducts Co., Inc.

Bosworth

Xroi

Sullivan

Co

of

stock

common

Denver

per share) for the account of

$10,194,000

;

$5,

Stock Placed Pri-

in

at'

mo

the

a

,

,

market1'faround'

selling stockholders.—v.
m,

„

Profit from operations
Depreciation

35,000 shs.

indenture.

Inc

_$1.400,000

Curtis

""

•

reaeral

1 400 000

income

.

1

Subs )

p.

'

■

gainings

31—

taxes

r

1953

before depreciation
.1

"

Farnintfc

$277,104

_____

1471.

"

foreign

•

.

1952

$?77,994

67,595

60,004

7'153

4>576

106 7no

f~;r7:/"7
taxes
(est.)

Federal excess profits

114 nnn

(est.)—

-

»Cr20,000

N

®

f

$95,656

"

cThis credit represents

a

proportionate amount

of

the

$119,414

excess

.profits

r,oFrJ°i!owhichTnf

Jackson

'

..

^

(&

J^f Months Encled March

5 800 000

Webber'

—

Outstanding

Central Foundry Co

Burr

roar

two

Coin

?

Internal

was estimated would be recoverable through
o
uni^ed excess profits credit in 1952 under provision of
Revenue Code.-V. 177, p. 1255.
.

on

page

.

14)

Company,

Publishers, 25 Park Place, frew York 7, N. Y., REctor
2-9570. Herbert D. Seibert
Editor and Publisheradvertising issue) with a statistical issue on
Monday]. Other offices: 135 S La Salle
St
Chicaeo 3
111'
Copyright 1952 by William B. Dana Company.
Reentered as second class matter
February *25
1949
«,*
States>
U- s- Possessions, Territories and Members of
Pan-American

news and
Smith.

&

in

bv
and

years.

Mr2°CartS S'

Heights.

Ventral

2.400

173,234 shs.

&

this

announced

The

vately—

financing

shs.

~

B.

,T

was

_The company has plants in Springfield
Barnesville and Forsyth, Ga., in addition

on

233,000 shs.

&

,

on a 10 acre tract, the building of
struction will contain approximately 50,000

totaled $328,910.present

5 800 000
_

—

1,500,000

F.

Giound

-

Paine

r\

S ftW

$12,885,28(1^
Interest

may be issued subject to limitations in

$1,500,000

rn

in Montaup Electric

$11,300,000

value)—

n

square

trust

value}

4

the City of Senatobia

trust

1678.

Subscriptions

Blend

Division in

was

named

was

•

.

Bassett,

(no

manufactures

Lyndall

repay

,

Co

William

.

^

Situated

ntfier income deductions

Stone & Webster Securities Corp

177.

Mr.

Curtis®

UNDERWRITERS — The purchasers named below have
severally
' agreed, * on a firm commitment basis, to purchase from the
company
the respective principal amounts of new bonds set forth below:
Estabrook

„

W

sale

charges

mortgage
and collateral
bonds, 41/e%' series due 1983
pfd.

u0„i„

United

subscriptions

'

th!i

Union,

rat«

her

applied

garments is to be built in Senatobia, Miss.,

«

*First

4.25%>

t>,

stock

leased

Authorized

r6
Leve^y 'rlldrsday <8eneral
Gardens, London, E. C., England, c/o Edwards

the

SEC

preferred

.

?

the

of

revenues

before

^

in

be

expenditures

the

soo.ooj

whlch

r«

improve facilities.

mortgage and collateral
bonds, 3%
series
due
1973

18?9'
On

will

^

succeed

C°UPOn W8S KCeiV6d lr0m *

group
g
P.

* First

-v.

I papers

the

<R?n

af

twiiuam) carter Co.—To Operate New Plant—
A new Planfc f°r the production of nylon tricot lingerie and children's

+V.J

i™

Webber,

capitalization giving effect to

(Reg" u-s- Patent Office)

RTafp

nffw

Commission—To

thrunderwriters

(Continued

(Telenhonp

salp

^ u
-?u
Co., Inc., at $12.50 per share, with
^ cents per share.—V. 175, p. 1330.

company, a member of the Eastern Utilities Associserves
Pawtucket
Woonsorket
Central
Fall*?
and
nfher

Additional bonds

through

nS?
?I

,

expansion program
Bank loans
now
aaereaate
$90nono
be increased
prior to the consummation of the
preferred

p„n„jj„n
~

hnnric.

•

l°ng-te,m debt

Subs.)—EarningsMar. 22.'53

-v.

.

t^nemicai & ueilUlOSe Lo.,
Ltd.—becondary
Offering:—A secondary offering of 20,000 shares Of
COril-

business.

j

and

Employees—

share

„

p

EARNINGS—Operating

Arkansas

$27,999,526 $21,167,023
common

>

.

,,

Registers Preferred

Exchange

for

Francis J. Gibbons

company

good

of

year

Comrmnvntrol &nd 41-57% of the total investment

common

of

Oct. 1,'52

Eammgs per

n

Ilties Co.
and

offered

of the Wolverine Tube

^asTn'^n^tS^^e S

•

profit

i-T,•*•..

satisfactory

very

BUSINESS—1The

'

sales

'•

_

wm be added to ~

registration statement with
50,000
cumulative
convertible

contemnlated

In

mon

PROCEEDS—The

April 16 announced that shareholders

(&

is

To

in Chicago this week report
photographic, equipment. He predicted

products

Percy

.a

Co.

,

mature April

a

be

the company's
operations.

of

(Master

Association)

demand

T & Z"

Common

Armstrong Rubber

,

Michigan
Ave., Chicago, 111.
Since 1949, Mr. Jung has been
President of Scudder
Stevens, and Clark. Inc., Chicago
investment counsel.
'
Horace Y.
Bassett, since 1948 Vice-President and General

10 /t.

chiefly

was

in, sales.

.

short-term bank

,

P.

of

$0.62

n

y>

oil

approved a plan to permit salaried and
hourly paid employees to
buy company stock through payroll deduction.
The corporation is
making a careful study of its current prices and
expects to make some adjustments before
long, W. W. Sebald, Presiheat, told company shareholders at their annual
meeting.—V. 177,
V'lt.Q-

177,

ahead

were

g

f

common

the

stock

1365.

Aimco Steel Corp.—Stocks to

Net

$601 271

315 554

II

dividends)

,

.

Net

the

f

-

Charles R.

—

tvt_„, rr.
t-,
Laiumet & Hecla, Inc.—New Vice-Pre:sident—

4J/
inoq
anP collateral llUSl DOnas 1/8 <Z ' series, Hnp lyoo, at a
/o
aue
-price of 102.17% and accrued interest.
The group was
awarded the issue at competitive
bidding On April 21

inh^h
expanded

stock

..

'

proceeds

ruliimpti

on

has directed the greatly

common

.

c- Chester Jung, of Glencoe, 111., has been appointed
Vice-President
of Flnance, effective May 1, according to Endicott R. Lovell,
President,
Mr- Jun£ wil1 be located in Calumet & Hecla's
newly established
executive offices in the People's Gas Building at 122 South

Estabrook & Co. and Stone & Webstei Securities Corp.
an
underwriting group making public offering
Aoril 23 of a new issue of
$5,800,000 first mortgage
"

Mr.

$6,500,000

Canada8^"6 * ^ maJ°r pr°dUC-

%!e Gu^ty
to

been

9 814
>

placed'through'salomon Br6s!&

were

Co.

approximafeTy^

1578,

p.

,

of

has

14 438

r,

,

Construction

1952

Blackstone Valley Gas & Electric Co

of

Co.

egent

quarter

photographic industry

gas

Eartlesville, Okla, as President of the
newly-formed Arkansas Fuel Oil Corp. was announced
by the board of
directors

to

.

Pn

Sr«^SrS2SrT§Tc.fp.
of

Dfd
'

commercial

MATS
Election

of

$303,000

1953

(after

rise

strong

of

that

Gas

17 608

_

President, on April 15 told
attending the national convention

and

Arkansas-Louisiana

filed

share

may

It

retire

6,250

3,750

shr.

per

y,

...

covering

company's

headed

of

will

the

levels

outstanding bank loans
any net diifercnce arising from the exchange of
properties, and

pay

shares

!60

to

Fed~Tn~come"tax"""

for

throughout
anticipated.
Mr.

announced.

proceeds

for

will

6

the

p

value

per

Net

Earnings Improve—

Percy,

and

Co.

the Arkansas Natural Gas
Arkansas-Louisiana Gas Co. have

and

first

Corp.

owed by that company to the parent, Arkansas
Natural Gas Corp., have been cancelled. In
addition, the gas company
will issue and sell, under the
plan, $35,000,000 in first mortgage bonds,

to

^53,
par

and

$656 554

^hare

for the

H.

Photo

Corp.

Oil

debenturesTreviously

The

C.

among

accordance

.

" Securities
'
®,.

With

company

«.«

into

used

_

for

prov

is contemplated

date, it
offering, its

6,250

14,184

<

w;,,

$20

'•

taxes-

com

1

dealers

full share

Service

Fuel

later

public

after

responsible

receive

Oil

before

Increased demand

stock-

will

Corp.,

Cities

way.

Arkansas

be

$75 025

3,510

share..

Promissory notes which

.

The

Offered—Dempsey-

ibMall,

to

are

„

Sales

.

a

Corp.

Earns

Earng'

for

Court

that

Arkansas Fuel

under

property

Oil

in

District

provides

Gas

company

both

„

Earnings

<

the

6

of

Fuel

donation

a

by

exchanges

consummated

As

In

Co.

sell,

will

Arkansas

Walker

shares

Gas

by

each

proceeds

'

14,438

$.05

Sell Bonds Privately—

Plans Re-

above.

Quarter Ended March 31—

1953.

by

•

r

and

elbitrevnclass cb'iVi
bonds and $74,250 of iW o A Preferred
late

„

formerly

established

was

Arkansas Natural

Arkansas-Louisiana

amount

29,

approved

Arkansas Natural Gas Corp. stock.
Distribution of this stock is now
receive

convertible

50,000
'

—

'

__

btOCk

accrued interest.

.

—_

42,000

Fuel

also

Co.,

taxes

^%nT SSiffaS!L,X^.
E Pre'e"ed
and
^ CaP'tal^V' m

Both companies have headquarters at Shreveport, La.
Henry C. Walker, Jr., of Shreveport, who has been President and
CJeneral Counsel of Arkansas Natural Gas
Corp., announced these steps
which formalize the
plan for simplification of Arkansas Natural Gas
Corp.'s corporate structure.
This plan was approved
by the SEC on

The

net

■

Fuel

rate company.

the

bonds

Bell & Howell Co.—Sales' &

Arkansas-Louisiana

subsidiary of Arkansas

Oct.

of

PROCEEDS—The

Arkansas

.

stock.

common

at

937.

p.

former

Co.

At;

America—Bonds

inclusive, at 100% and

Arkansas Natural Gas
Corp.-Merger CompletedOil

Corp.

400,568

$68,192

per

^i^Tts01 "*
v- 177> P- 1578.

••

Development

1952

$525,593

Cr3,711

—

profits

1952,

Hutzler.

,

sum

the

of

airplanes

shr.:

per

in

t?

Oas

1953

__

obligations, which

April 15 ottered publicly $600 000 of
5V2% convertible bonds due 19o4-1968,

mortgage

$'4.07

.

—$609,015
1
502,534

—

on

*.■'

Arkansas Natural

„

1255.

p.

California

of

first

ot

estimated

&

'

corporation has completed the private
placement of $18,-

aiw

ellw

177,

«

?.

.

also

.

——

income..

H

Research

Bearings Co.

$1,000

tee

,

March 31—

•

See

Tegeler & Co.,

tares.

$10.00

C. I. T. Financial Corp.—Notes Sold
Privately—This

capitalization—
*

company filed a registration statement with the SEC on Apui
;953, covering $35,000,000 of first mortgage bonds, due 1978, to be
<>:, 'r ;d for public sale pursuant to
competitive bidding.
Proceeds are
to
be used to
repay
the outstanding $24,500,000 of

<15,300.000.

$6.60

850.

p.

.

connection

Bank

of

Associates, Inc., Cambridge, Mass.

,

<3/3.2,032,

1 082 454

$8.67

sh—

441194a*

.

0Mp#'M,

be

to

spares

securities,

of

$4,000,000 to be borrowed from

Rpp-isters Wltn bk-L.
CO.—Registers With SEC

sum

2,164,814

1 082 454

com.—1953, $.075

underwriting

sSpe* cohMeitat"nh

engines

spare

rn

(formerly Arkansas Natural Gas Corporation) to
representing the difference between the net book

3,247,076

1 082,454

convertible

—y.

StVa'boTrd1S35t

\ixe

Goiporation

4,411,348

3,247,074

1,623,681

preferred—$.0933
preferred—$.175 per share....

7%

_

r

mniKsia
10,326,558

Dividends (cash):
5% prior preferred—$1.25 per share
6% Preferred—$.15 per share..:

$1,000,000. of 6%
subordinated
debentures
due
1964,
preferred stock ($50 par), and depositary certificates
8,000 shares common stock ($1 par), to be offered for
as
1,000 units, each consisting of $1,000 of debentures,
shares of
preferred,
and
depositary
certificates
representing

shares

3,580,000

7140731
7,l40,7ol

4,325,560

—

^

f
Arkansas Louisiana Gas

ono

12700000
12,700,000

35 700

Expenses, interest, etc.—'
Deferred development costs
Prov. for Fed. income and excess

who

with

S isTam\°d ba\ Xpp,tc%arTn™rDn10"

1952.—

a

000
35,700,000

7,991,343

14 984 449
14,U84,449

3 Months Ended
Total income

by

company

covering

eight

Trust

34«

13400000
13,400,000

24,226,558

RlIrlfr„f

security for a loan to one of the prosold, control will be in George D. Clarke

voting agreement with

a

7^1
7 991

19-840-751

(cash)__

per com.

176.

75?

laaa
1949-

oao

outstanding

shares

-V.

otn

onv

,
Budget Iri„.
I mance Plan (& c
Subs.)— Earnings-

are

of

19840

49'784'449

1

ia<m

1951

total

a

10.43%

own

Com.

of

cost

a

stock

are

carried

are

tqsi

49 784 449

Nefc

60c

eight

of sinking
Simplifica-

1,

is

ono

exc" prof tax
e c' 1 ror* lax*

&

"yv profit
proin-—
Dividends paid

an

collateral

^

Oct.

the

sale's

satisfactory level." He added
progressing according to schedule."

1952

fn!

Stkte

forPed

come

937.

p.

$0.45
that

are

a

1Q5S»

"before "fnc" "taxes

pJov

890,982 shares of stock
$205,083.34 cash and properties consisting

of

public

as

corporation

iM

an

682,072

$0.51

indications

730010 91a

Profit

Net

SEC

'

of

766,728
—_

at

722.

P*

1.854.U72

~

The

■

_
the

Qualification

issue

Amended

an

.
under

SEC

in*

continue

1952

$5,639,905

•

"Current

program

Sales

its

representing
public sale

'

V £V

^
with

application

an

ion

oursuant

debentures

tion

V.

filed

of

Act

of

on

,

1Qe.9

•

will

Years End Dec 31—
...

Aviation Equipment Corp., Wilmington, Del.—Registers With Seniritips and ILXCnange C.ommibS
Wltn becuilties ana Exchange Commission—
n

below

Debenture Approval-

Tirfpnture

reserves

.

1953—12 Mos.—iaw

•

'

earnings

said:

years

planes

Seeks

rv"his corporation

ore

/

Arkansas Fuel Oil Corp.—Merger Completed—
Natural

piedge

a

by virtue of the

'

.. ■

and

President

—-

Boeing: Airplane
Co.—Earnings—

company
have been

of $15,833.50.

a cost

of

moterSt

V

that

:■*

Block,

,

$6,922,657
2,174,728

*

'our construction

v-

con-

a

the

recently,

Salos Up 24,5%—:
0

31—.

-Tin-rimr~ $43'92W $
Arkansas

that

develop-

8,000 shares 6%'

,

See

probable

or

since

At the present time, Paul V. McNutt is in control of the
vlrtue

company s

have been undertaken

program

stock for

—

corporation,

•

Period End. Mar.

engineering,

speculation

a

concessions was received

will

•

the

dictated

the

•

Amprican

or

Areas.

promoters
$205,083.34 and the
•

2529.

p.

for

the promoters of the company hold

whlch

out,

riLnital
caprial

from

the

diversificaiton

and

broader

a

in the expansion

176,

used

any commercial ore body has been
properties of its subsidiaries or
efforts on the exploration of claims
Saskatchewan. Canada.
According to the

claims

sold and the terms of the

including the manufacture of paper hot drink cups by the company s
wholly-owned subsidiary, Constellation Cup Corp.
Additional avenues
for diversification and growth are continually being explored.
The stockholders also approved
an
amendment to
the company s
ly-.nws increasing the authorized number of directors from eight to
twelve.—V.

as

pr0ven

concentrating

J

2433.

p.

„thnrl7«l
the authorized

increase

to

shares of

President,

program

taken

Louis
volume

the company sold to the public 61,267 shares for
average price of $2 per share.
If all the shares now to be offered

com-

.

oaniei

covering

Previously,

agree-

piously authorized 200,000 shares,

p.

-offered

any

the

Its
is

be

$747,534,

American

be

to

are

1953

———

,

$398,000

Beaverlodge

pr0spectus,

vote in favor of the recapitaliza-

to

pensation to Research at the late of $12,000 per yeai.

'The

1953,

Co.—Earnings Higher—

Net sales
Profit ^ore taxes
Net
ncome after taxes—
Earnings per share_„^_,__^.„_____

)

_

have agreed

provides

Research

17.

Ltd

and $28,800 for registration and sale of the securities.

that

or

established

nbn

The

basis.

are

claim

n0

aeveloped
M„i,

over

April

on

Co

,

makes

t^.Presently

holding

nersons

with the SEC

Uranium

mining, $48,200 for "overdue liabilities," $25,000 for

reserve,

Thg gecm.jties

common

retirement

working

American-Canadian

statement

proceeds,

and

tingency

snare

sold),

shares

applied

be

use

Fee

tn

and

common

will

for

the

ment

of outstandingbank
capital
Of
outstanding 7.600 shares ot Baird common. Research owns 2,.,50 . a_,
ox- 33.67/,
An additional 3,850 shares, or 50.7%,
are_held^by Walter
B.
Baird
and
John
Sterner,
who organized the company in
194b.
proceeds

forms

registration

a

stock on an agency

best

a

per

riormerlv

Blockson Chemical

Three Months Ended March 31—

500.000 common shares, 10 cents par', to be offered for public sale at
$1.25 per share with a 25 cents per share selling commission to the
underwriters (headed by George D. Clarke, Ltd.), who are to olfer the

ex-

$100

The

687c).

or

and

Co.

&

place

to

as

of

stock

cumulative

5%

shares,

filed

will

will issue and sell, by private
than 75,000 shares of additional

Upham

Baird

10%

Baird

the then outstanding
to be converted into 90,900 shares

are

nor

Harris,

with

to

,

thereupon

60,000

which

Upham

as

The

stock

Baird

than

stock,

agreement

a hares

2 550

be cancelled;

to

are

common

common.

less

not

common

efforts

acquired

so

Common

vaIMP

outstanding

•

owns

J.0100
$1

o^r^lo"s ^ pr<w^afrrstockhoTders

3

rred shares

Athabasco Uranium Mines, Ltd., Wilmington, Del.—
Registers With Securities and Exchange Commission—
rnmor-tion

of

fhc 750 shades of
^Of which Research

Pferred

i

is the .acquisition by Baird through private
additional working capital which is
company's continued «"ccess and
will

$600,000
that

to

1V t0,beHl?i! rtfPnn nL

fnr

mnop

1

plan
least

at

of

essential

Monday, April 27, 1953

...

and

advertisements, must

be

made

In*New

York

funds.

$45.00

per

year;'

in

Domiidn

'

Number 5215

Volume 177

The Commercial and Financial Chronicle

...

3

(1787)

Capital Flotations in the United States in December
And for the Twelve Months of Calendar Year 1952
rubber, $2,806,250;
shipping, $1,350,000, and land,
buildings; etc., $150,000; added together accounting for

Aggregate corporate financing in December amounted
$801,821,530 compared with $564,132,387 for Novem¬
ber, last, and the somewhat larger total of $878,904,721
for December, 1951.
.;:•■•'-"•
i
Total new capital in December,
1952, added up to
to

$4,306,250,
,

or

0.54% of the month's grand totals

i. Issues outstanding
in

here

$757,621,197, or 94.49% of the month's financing, while
refunding operations made up $44,200,333, or 5.51% of

under

the over-all total.

size

to

as

each

remarks

our

recorded

found below

in 1952."

Y

bond

Long-term

^

;

(

and

financing

note

for

December,

determine,

short-term financing

no

A division of the

and

to

December, 1952, stock total into

com¬

utilities

by

accounted

(as revised)

for

Compari¬

$498,893,333

62.2

47

382,416,000

67.8

286,014,000

30.5

261,511,250

170,159,000

224,388,268
289,020.000

065,611, or 90.84%,; contrasted with
1951, or 92.23% of the over-all total.

166,167,335
228,683,333

227,543,936
231.699,100

52.6

___

——

May

—

April

—.

March

—

February

—_

'•

Total

r

!

37

January
j

Municipal

A study of

With
here

1952,

$393,847,906

amounted

represented

on

the

above figures

government,

municipal

com¬

another

of this

page

financing,
counted

find

we

for

that long-term

and

$295,529,050

for

December

of

1951.

stocks in

with

sions' financing undertaken in the domestic market dur¬

Of

was

a

dearth of Canadian

or

ing December of 1952.

FINANCING

*

BY

MONTHS

Refunding

$

January—

$

■'

$

;

1952

added up to

the

total

corporate

New

Capital

1:'

Refunding

Total

$

$

561,588,835

108,401,500

669,990,335

402,192.771

153,354,633

20,678,427

174,033,060

'•

886,317,160

369,411,355*

169,185,100

538,596,455

441,595,776

13,357,925

838,467,010

804,709,210

1,734,208,413

98,757,525

1,832,965,938

1,402,726,586

748,507,085

39,854,250

788,361,335

642,095.471

79,666.875

776,722,925

150,613,000

927,335,925

404,604,523

676,905,364

6,727,000

683,632,364

778,677,434

'

held the lead, taking
funds

all

that

for

81,607,950'

Ui:

■■

; v;,;--

■■7 $

$

*_

quarter

1951.

Other

1,084,354,823

$2,266,464,753 in 1951;

order

.iron, steel,

at

May

:

365,294,050

95,473,740

18,036,450

721,762,346
422,640,973

L.
1

—

376,398,520

250,366,295

626,764,815;

June

;

89,038,025

867,715,459

616,694,966

280,172,725

or

or

896,867,691

the

for

quarter-

197,194,250 2,399,329,624

2,202,135,374
•'••.';

:

*

•

!

•'

1,825,377,428

186,741,350 2,012,118,778

A

295,951,775 4,232,295,562

3,936,343,787

3,251,826,014

2,442,742,359

525,5$5,282
327;807,336

234,392,315

25,654,333

273,306,895

140,067,955

19,735,p00;' 448,528,272

315,393,984

20,630,000

1,153,242,203

49,789,700

1,203,031,903

491,611,920

August—

203,265,164

153,190,133

356,455,297

308,028,606

'33,943,362
19,778,730

September——

418,435,408

71,397,483

490,332,891

428,793,272

;

274,877,316 2,049,820,091

1,228,433,798

July

*\

...

924,277,787 3,367,020,146

310,307,353 3,562,133,367

260,046,648

413,374,850!
336,023,984

•*'

.

Third

r

._

1,774,942,775

73,457,092 1,301,890,890

,

823,093,194

186,352,288 1,009,445,482

1950
1949—

1948—

5,-711,286,562a

mopths—*

570,829,091

6,282,115,653

4,480,259,812

383,764,445 4,864,024,257- 3,265,835,553 1,110,630,075 4,376,465,628

82,207,165
89,650,200

564,132,387

,757,621,197

December-

474,505,476
585,118,175
795,652,321

' 938,882,830

474,482,187

;

44,200,333

801,821,530

15,943,500
46,641,300
83,252,400

490,448,976
631,759,475
878,904,721

468,231.839
352,316,999
427,316,525

547,196,626
427.564,147
535,712,777

78,964,787
75,247,148
108,396,252

quarter

2,088,779,049

4.

216,057,698 2,304,836,747

1,855,275,972

145,837,200 2,001,113,172

1,247,865,363

262,608,187 1,510,473,550

786,886,789 8,586,952,400

6,335,535,784

529,601,645 6,865,137,429

have been made in the years

1952 and 1951:

•

Feb

Feb

6,200,881,48:1

3,121,828,53:1

130,710,988

43,079,643

110,158,408'

18,817,643

1,042,098,40.1

219^228,275

79,901,271

2,618,804,74;;

"

1939
1938

1937——,.
1935

246,315,690

Apr

1952

Add

Apr

Add

Apr

468,395,208
270,840,364

Add

Apr

1952

Add

Apr

1952

Add
Add

May 1952

Deduct

May 1952

Add

May 1952

Add

Jun

1952

Add

Jun

1952

>

4,578,945,601

123,650,746

27,180,244

2,267,428,765

3,198,450

31.402,899

489,894,419

,

Eonds and

/

496,667,468

1947—

4,801,809,634
4,570,411,800
2,669,224,000

1,042,520,27 5

246,315,690
161,158,178

81,616,848

2,762,577,83!»

72,759,242

2,196,166,42.)
2,140,494,68'j

s

3,000,000

Other Ind. & Mfg.-:

ParkerSburg Rig & Reel

-South Carolina Electric &

Utilities

"Suburban

-

Propane

Gas

Corp.

4%%

—

——

,

1944—

—

—

1939

600,000

1,962,249,000

—

2,042,783,895

78,560,510

19,150,284

1937

1,673,283,500
4,064,041,600

468,395,208

292,013,451

2,433,692,15)

285,840,364-

282,063,717

4,631,945,681

2,116,597,775

123,650,746

27,180,244

2,267,428,76:»

456,493,400

3,198,450

31,402,899

600,000

1936—

800,000

1935_

100,000

1934

.

491.094.44J

46,500,000
28,000,000

Large

1,000,000

Issues in

1952

Below we list the principal issues of securities
placed
in 1952 giving at the same time the purpose of the issue;
,

:.Y-:.

'•"/

5,000,000

7,0OO,OOO

•

$125,000,000 Aluminum

300,000

due Feb.

1,000,000
,

45,000,000

2,288,000

,

1,575,000

,

;

JANUARY

5 '

Co.

1,

'

America

3Vb7o

of

1964.

sinking fund

debentures

Purpose, for expansion,

.

66,000,000 Monsanto Chemical Co, 3%%. sinking fund income deben*
tures,

250,000
2,512,000

Domestic Corporate

750,000

;

;

/

,

due

Jan.

2002

1,

(interest

annually only if earned).

50,000,000 United Gas Corp. 3'/2%

Ind.

&

Mfg.— "American

25,820,000

bonds due Feb.

1 Other Ind.

&

Mfg..;.. "Chemstrand

70,000,000

cumulative

and

payable

Purpose, for expansion program,

first mortgage and collateral trus^

United Gas System.

■

Cyanamid Co. 33A7o promissory notes due 1987————
Corp. 3Vz7o
first mortgage bonds, sreies A—
Inc. 4V*Vc first mortgage bonds due 1968—:—————
Steel Co. of America 3VzVc first mtge. bonds, series B, due 1966—

Add

Nov 1952

Add

Nov 1952

Add

Nov 1952

Add

Nov 1952

Add

Nov 1952

Add

Nov 1952

Add

Nov 1952

Iron, Steel, Coal, etc. "Crucible
' Other Ind. & Mfg.— ""Dewey & Almy Chemical Co. 4% promissory notes due 1967———.——
"Elyria Telephone Co. 3%% first mortgage bonds——
——
Public Utilities
Iron, Steel, Coal, etc. "Granite City Steel Co. 4lA% first mortgage bonds due 1967—4—I—

Add

Nov 1952

' Other Ind. & Mfg.L "Ketchikan Pulp Co. 4'/4%

Add

Nov 1952

Other

Other

Ind.

& Mfg.— "Clinton Foods,

Add

Nov 1952

Add

Novl952„

first mtge. bonds, series A, oue 1972.:——Other Ind. & Mfg.— "Mathieson Chemical Co. 3sA7c 'promissory notes due 1977——
Other Ind. & Mfg.i- "Mathieson Chemical Co. 43A7c subordinate debs., series B, due'1987—
Other Ind. & Mfg.— "Robertshaw-Fulton Controls Co. 3V*7c promissory notes due 1966.——
"South Carolina Generating <?o. A7o'. promissory notes due 1964—
———
Public Utilities
♦South Carolina Generating Co. 37/e% first mortgage bonds due 1979^
Public Utilities
"Southern California Water Co. 3.60% first mortgage ljonds due 1982—
Public Utilities
"Trans-Mountairi Oil Pipe Line Co. 4 7c first mortgage and collateral trust
Oil

Nov 1952

due 1972—
Iron, Steel, Coal, etc.."Vanadium Corp. of America 41/8%

«

bonds,

Add

1,080,868,131

1938—

5.000,000

"Fischer & Porter Co. 43A7c serial note due 1953-1962.
——————Other Industrial
Iron,.Steel, Coal, etc. "Pittsburgh Steel Co. 3%% first mortgage bonds due 1971——
6Salt Lakfe Pipe Line Co. J3lAVo promissory notes due 1972—L—1—
'Oil
..Hutzler Brothers Co. 5%
25-year notes due 1977————1_^_——
Aug 1952 »'
Miscellaneous
"Pueblo Gas & Fuel Co 33A7o
first mortgage bonds due 1977—
Aug 1952 '
Public
Utilities
"Sinclair Pipe Line Co. 3%<%. sinking fund debentures; doie 1976-i.—J-i-Ul^
Sep 1952
Oil
—
"Suburban Propane Gas Corp. 4y2%^debentures, second series, due 1966^—
Sep 1952
Miscellaneous
"Derby Oil Co. A7o debentures due 1967 (with warrants)-'—J——— I
Oct 1952
Oil <'!
Oct 1952
Iron, Steel, Coal, etc. "Jefferson Lake Sulphur Co. 4%% promissory notes due 1956-1962—r —

-

July 1952

Nov 1952

3,181,078,531

'2,434,645,300

July 1952

Add

101,223,891

1940—

July 1952

Nov 1952

410,630,640

5,000.000

500,000

Nov 1952

6,258,587,45 V

2,618,804,74 5

660,000

300,000

Nov 1952

284,266,445

79,901,271

$1,520,000

730,000

3,000,000

Add

6,317,917,517

6,652,069,681

4,937,839,620

219,228,275

Southwestern Drug

debentures due 1966——1_——^—

Add

669,826,626

813,229,501

2,319,675,200

"

——

Co. promissory botes dud 1958-19641.——■—;—
Gas Co. 33A7c first & ref. mtge. bonds due 1981—

Add

6,548,398,31:;

846,281,257

1,268,428,380
1,036,481,389

1941.

Public

Add

5,886,939,17)
627,693,888. 5,601,366,95:1

443,418,453

2,500,000

Miscellaneous

Add

Refunding

397,939,850

5,608,312,395

"Lincoln Telephone & Telegraph Co. 3%7> first mtge. bds., series B, due 1982
Public Utilities—
Iron, Steel, Coal, etc. -Pittsburgh Steel Co. 33/4 7o first mortgage bonds due 1971—u—
"Stromberg-Carlson Credit Corp. 4'A 7c collateral debentures due 1976—
Miscellaneous
-Suburban Propane Gas Corp. 4Vz%
debentures due 1966——i—
Miscellaneous
Equitable Gas Co. 3'/27o first mortgage bonds due 1977
Public
Utilities
Public Utilities- -Florida Telephone Corp. 57a debenture bonds due 1972—-———_
2—,—_—
" Other Ind. & Mfg.— "Fruehauf Trailer Co. 3%% debentures due 1966
■-Monty's Stores, Inc. 17c convertible bonds due 1962
—_———
Miscellaneous
Other Ind. & Mfg.— -AlliS'Chalmers Mfg. Co. 3%% promissory notes due 1982—
———
Other Ind. & Mfg— '•■Caterpillar Tractor Co. 33/a7o piomissory notes due 1964-1972

1952

Add

673,552,621-

4,575,733,217

1948—

19,239,518

1952

Add

New

43,079,643

1952

Add

Total

110,158,408

Jun

Add

Stocks

$580,241,684 $8,586,952,40
995,810,265
6,865,137,42J

130,710,988'

Jun

Add

Common

Stocks

913,122,350

Jun

Add

Preferred

Notes

$6,787,534,194 $1,219,176,522
5,064,217,352
805,109,812
4,595,359,950
618,026,607

907,077,500

Add

Add

CANADIAN, CORPORATE ISSUEU

1949—

d'Vh

"

Add

Add

2,140,432,18'J

1942—1.

Iron, Steel,

May 1952

:!

2,433,692,159

282,063,717

1943_„i—_

Ind.

Other Ind..
,

-

>'

2,762,577,831
2,116,666,42)

19,087,784
292,013,451"

9,000,000

Ind.

Other

1952

'

81,616,848
•'

78,560,510

1945—_

Other

1952

*

1,060,618,13 L

72,759,242

161,158,178
<

6,508,777,181

1946

Mar 1952

Add

-

6,276,745,025

18,040,000

1952

Add

Issue—

5,533,091,955
.6,220,393,135

$1,500,000

1952

Add

of

626,418,888

495,862,288
659,154,129

Co. 3V2% unsecured notes due 1967-'
American Cyanamid Co., 3%% 1 promissory notes due 1987—'.-.——
& Mfg
*
& Mfg— Brooks Brothers 15-year 4 V2 % ■*' installment note due 1-667——_i__—
& Mfg.jl •-Doughboy Industries, Inc. 57z7o first mortgage bonds due 1962——
"
Coal, etc Crucible Steel Co. of America 3Vi'h first mtge. bonds, series B, due 1966—

Miscellaneous

1952

Add

Name

Classification

Total

101.223,891

2,319,675,200
2,434,645,300
1,882,749,000
2.042,783,895
1,673,283,500
4,026,041,600
2,116,597,775
455,293,100

I95l_ii—

Allocation of Proceeds

Month

■>

Stocks

804,387,001

1942_—

1950—_

Long Term Bonds and Notes

;"vr

Jan

Common1

278,823,945

Years

Add

of

$554,411,349, $8,428,772,061
946,796,171
6,803,533,331
647,160,331
5,733,001,431

846,281,257

886,827,500
•913,122,350

1952—■

1952

type

1,268,428,380

Calendar

changes

each

4,513,700,916 1,373,238,262 5,886,939,178

tRevised.

following

to

ISSUES

-

Stocks

DOMESTIC AND FOREIGN, INCL.

NOTE—The

etc,,

$38/*

1,033.817,917
410,630,640

^

1934—,—r_
7,800,065,611

categories,

4,883,239,629

1936

Fourth

Preferred

2,609,974,000

1940

856,675,665

November

6.20%;

or

trusts,

4,435,961,800

—.

:

1944

1941—

October

according

years

DOMESTIC CORPORATE

4,771,309,634

—

1946

other

$6,659,034,194 $1,215,326,522
5,051,717,352
805,019,812
4,467,314,500
618,026,607
4,508,733,217
397,939,850
5,281,112,395
443,418,453

—

1951_—

1943

Nine

19

Bonds and

1947

investment

all

8.50%;

or

8.01%;' miscellaneous

or

tabulation of the annual corporate fig¬

Notes

1945_i

quarter—

and

was

compared

v

Years

1952

'

.

______

Six months

1,358,387,536'" 626,012,760 1,984,400,296

a

/

,

Calendar

Second

30.13%

oil, $729,788,668,

1.61%;

or

0.94%,

past

'Y. Y

security:

manufacturing

or

0.44%.

or

Following is

460,767,790

37.97%

or

6.20%; railroads, $530,934,000,

rubber, $138,501,123,

$80,624,395,

and

$2,587,819,129,

etcV $687,794,207,

$532,316,921,

ures

April

a:)

com¬

1952, the utility

$3,260,921,857,

up

industrial

in

298,265,027 1,382,619,850

119,348,003 1,522,074,589

ac¬

raised, this latter total being higher than

next

252,100,
First

notes

amount

Y£. Y

financing in

with

1950

r

261,504,658

75,851,400

825,109,085

AND

.14,805,818.
27,152,235

375,040,536

—

and

$1,799,418,206 compared

$1,800,920,077 in 1951.

group

,

+1950

:

246,698,840

9,548,200

365,724,376

—.

1951
Total

Refunding'

Capital

New

552,923,152

543,374,952

.

February—
March

1952,

tl951''

Total

bonds

aggregate

mon

last,

United States Posses¬

There

'
'

compilation given

vember-

t1J)52
•'

our

$6,749,060,844 of the

^

CORPORATE

and

loan

article.

of

OF

farm

against $5,058,046,352 in 1951, while preferred and

showing the different monthly amounts of cor¬
porate financing. Further revisions in the 1952 and 1951 figures may be necessary, particularly as additional pri¬
vate financing is brought to light.
;
'
•
:
cSUMMARY

it should be noted

and

Dividing the total for 1952 into the various types of

to

present a tabulation of figures since January, 1950,

New Capital

-

records for prior years uncovers

our

totals, but is shown separately in

new

This

respect to

that

•

we

record

on

pared with the aggregate figure of $227,840,260 in No¬

oils, $53,328,760, or 6.65%; investment trusts,
trading, holding, etc., $11,702,645, or 1.46%, and with
Below

largest

government agency financing is excluded from the abov-y

32.6

and $9,115,600 refunding operations.

money

6.86%;

V

the

was

total amounted to $10,026,

figure of $7,817,877,031 and that for 1927 of $7,319,195,804,

36.6

December,

m

which

of

180,379,733

3,146,875,288

479

^

offerings

$402,963,506,

Iron, steel, etc., was next in order amounting to $84,532,562, or 10.54%, followed by raiiroads which added up
to $64,715,000, or 8.07%; miscellaneous, $55,003,920, Or

in

connection, it should be pointed out that

figure for 1952

27.1

26

$6,332,035,784

the fact that the 1952 grand total also exceeded the 192d

29.0

40

over-all

17.9

44

the

42.3

38

June

$310,018,784, or
38.66% of the grand total; the utility group comprised
$218,212,609, or 27.22% of the month's total emissions.

of the grand total, as against $533,101,645, or
New money operations in 1952 at $7,800,-

7.77% in 1951.

361,129.

17.2

45

1952,

year

47.7

37

1952

characterized

since 1929, when that year's

53.3

29

July

totaling

9.16%

or

In the above

7c of Total

36

volume

new
corporate
standing at $8,586.952,400 compared with $6,865,137,429, the total volume
for the like period in 1951.'
Refunding operations in 1952, totaled $786,866,789,

follows:

Total Amount

August

September

$115,818,035
$68,730,862)

public

from

December

43

dustrial
away

Issues

57
.—

—

October;

For December of 1952 over-all financing by other in¬
and manufacturing companies
took the lead

i

preceding month's

November

exceeded the- latter (which
by $47,087,173.
This was in
sharp contrast to November's over-all stock total which
aggregating only $57,866,387, or 10.26% of that month's
grand total.
For December, 1951, the combined stock
total aggregated $237,101,221 exceeding the amount for
December, 1952.
'.;Vy
at

amounted

for

December

preferred issues reveals the fact that the former

standing

placed: issues

No. of Issues

in December Of last year.

mon

Corporate

'Y Y-Y'-Y

with

son

placed

was

Domestic

"Large

$498,893;333, or 62.22% of that month's total.

ber, last, and the more substantial figure of $641,653,500,
or 73.01% for December, 1951.
Insofar as we have been
to

heading,

Privately

1952, reached $617,272,633, or 76.98% of the grand total.
with $506,266,000, or 89.74% for Novem¬

This compared

able

the

substantial

placements for the full

usually

and

month may be

Results for the Year
A




series

B,

j,

promissory notes due 1958-1967

(Continued on page 6)

2,406,000

1S-72.

(Continued

8,500,000

1,000,000
317,000

1,

Purpose, for expansion program

page

on

1,083,000

15,OGO.GO0

In the

10,000,000
58,250P00

lowing

comprehensive tables

pages

we

compare

7,680,000
2,000,000

and the twelve months'

1,840,000
9,200,000

for the

1,000,000
23,400,000

6,000,000'

6)

year

the fol¬

figures with those

corresponding periods in the four

preceding thus
comparison.

years

on

the December

affording
.

.

a

five-

mm

250. 0

63,25140 1.37,50 5,4973

70,8 63

45.21 0 10.461908 3,80 , 0

56L860
Reiundi g 2,510, 0 1,0 ,0

4,071,860

45,21.0 2,01,83 16,938 12

69,01673

9,40 95 3,80 , 0

Total

$

$

-1948

Capit l

250, 0

630.741,0 10.57,640 54, 973

S

New

Total

$

326,743.0 2,0 .0 38.40,50 12,795869

Rcfundi g 10,4730
$

-194-

Capit l

$

New

•-

•

Total

1,6827

Capital 43,50 436,5 40 17,0 0 32,57,0 10, 0 10, 0 2,~40 ~,bo 5i76~ o7 6 630,741 0

1,04923

105,24970

25,70 2,0 ,0 34,92.710 12,480 69

Refundi g 4,50,0 92,4380 4,135,0

108,39625

-194-

427,31652

SbSftamrtuFanGoihceeyIogpSvddsDCiltPrcneharsmyuonavslef.dc, FTMODEFAHCNIERVBR
FGOOFRLVAEEMFTRIIMNUGNODAMHNFECCDPRTG,LBR
New

150, 0

63,5 0 10,5860 1 ,23 9

i

738,25,40 6,20,0 10,9850 19,40835

Refundi g 83,25 40
$

Capit l 53,401 150.0 10,5860 1 ,239

5,0 ,0 24,3197328

$

New

795,6231

15,9-30

1,2978

210,847235

276,1925

\\

#

617,2 63 68,730862 15,8 035

314,90 402,96350

0
Refundi g 43,743 42670

4,20 3

269,40 9,15,60 32,5 93

Capit l 573,4980 "403786862 15,8 035

75,62197

45,70 0 39,847906

$

—1952

CORPATE,

SOUM AFRY

1,0869453

801,2 530

"

1,5972036

$

New

CIOSRTPUNHAIEED

GONREUPFIW

350,1928

180, 0

-195

Refundi g 14793,40 14,3750 54,1 50

150, 0

150, 0

150, 0

150, 0

1,095,140

4769,031

15,23 84 8,497 67.59,0 152,9308 10,4250 2,64,0 156,2795 30,25961 4,50, 0 1 ,0428

347, 0

10,79 364 1,72604 56,13.0 6,78,50 17,089 4
4, 35,48 7,12371 1,48170 146, 238 10, 4250 2,6 4,0 139,47 6 30,25961 4,5 0, 0

:

Capital 41,750 123,490 58,0 0 259,7820 46,0 0 150,0 2,0 ,0 1,350, 0 407582,0 573,4980

82,638 45

180, 0

20 ,0

>

■

412078,3,31966525

87,90421

83,25 40

12108,7 54 0,27650 65,840 24,871234 19 ,590 9,67,437 17,6412 237,10 21 21.950, 306,514.8 40,8390 4,97,0 358,14908 25,871234 1,42,590 2,75,0 976 ",437 23,95412

426,0

"2 ~6 ,ob

23,0 0 1,70,0 15,03 0 2 6,0 0

785,6321

801,23

4,271,3 4 ,20 ,3

9370 309 26,03256 35,23784 7,103,760 806,250 1,702645 10,5 87 184,2 897 41,750 216,52 09 84,532 6 295,01 784 53,10 760 150, 0 2,806,250 1,350, 0 1,702645 0,732587 75,621 97

< .. ..

$
-

New

53170,4516,229

28,40 53

93,2 309 26,03256 35,23784 7,329,760 806,250 1L702645 10,50,87 184,5 897 64,7150 218, 2609 84,532 6 310, 874 53,29760 150, 0 2,806,250 1,350, 0 1,702,645 5,03920

4,271,3 43,743

$

147,23579 30,15 0 19.074128 6,0 .0 4,320, 0 74,86 35 5.70, 0 2,50 0 60,35098

4, 50, 0

14.93,40 14,3750 54,:1 50

64,7150 124,9 30 58,0 0 274,850 46,0 0 150, 0 2,0 ,0 1,350, 0 47853", 617,2 63

Refundi g 23,0 0 1,50,0 15,03 0

2751 ,098

83,25 40

Capital 21,950 197,806 30,562.0 4,97,0 297315,0 1,0 ,0 1,25,0 2,75,0 6,290, 0 58,401 0

—1952

3,7 6,790 4,50 , 0 95,204650

12018,7 54 0,276,50 65,840 24,871,234 19 ,590 9,6 7,43717,64,12 237,10 21 21,950. 0321,082545,276,50 4,97 ,0 412,90584 25,871234 1,42 ,590 2,75,0 9,6 7 437 24,13 2

New

$

695,140

-

$

Total

315,0 0

2,9 8 142,50 29786,25 20,5961

21,950. 21,30 0 45,0 0 4,97,0 34675,0 1,0 ,0 1,25,0 2, 75,0 6,470, 0 641,53 0

$

CAHARNCTDER

1,97603 obtained

$

15,20369 34.650 286,7 8 6,0 ,0 4,320, 0 79,314 53 5,70, 0 2,50,0 61,3028

581,0 0

17,60 139 96,7018

New

Total

372~1 23i

17

2,80 8 142,50 307 3,925 20,5961

s

87,904721 21,39 0■ 10,9850 295, 05

5.0 ,0 24,3197328

4,071,80

—

Capit l 1,48170 123,8450 10, 0 2,64,0 1709574511~,10, 0 4,50, 0 78,20861

197,8 154 572,9173

1,561,860

m

132, 128 12,67435

25,70

Refundi g 56,13 0 6,207,50 16,742 9

2,510, 0

134,987 12,98 35

2,0 ,0 2,0 ,0

67,59 0 130,5 0 10, 0 2,64,0 102671904", 10, 0 4,50, 0 95,810 46,830

S

-1950

Y^mInuBtefRicrpaoDlvs.klpmd. EARS
FYIEVARS
Capitl 350,1928 29,0769 48,07614

$

1,561,860

70,8 63

5,849,540 65,02 37 43,50 485.1,375 0 ,0 42,601.85 10,3 0 10, 0 2740(,0 64,T l i40

2,76 , 50

Capit l 30,150 58,420 6,0 ,0 4,320, 0 627190, 5,70. 0 2,50,0 5,180

Total

5,849,540 6 ,58723 43,5 0 487,925.37 17,0 .0 4 ,163718 10,3 0 10, 0 2,~40 76 64,7 9 340

48, 975 10,2685 30 ,0 0

10,4730

New

5,8350 57,01 268 218,0 58

Total

40 ,0 0

$

125,943 62 821,96035

374,69357

$

_1951

$

$

$

$

2,0 ,0 2,0 ,0

71,60 2,971,432 78,0329

53,712 7

Total

34,650 15,280. 6.0 ,0 4,320, 0 6^325^0 5,70, 0 2,50 , 0 5,9180 326,7430

71,60 128,947 90,63427

79 ,364
Refundig 96,7018 10,92870

-1950

250, 0 250, 0

Total

"

l7561~,860

New

479,43 69

3,"46L790 315,0 0

30 ,0 0
48, 975 lLsaTni

2,510, 0

$

5,8350 254,91 2 790,63791

S

Refundi g 2,~51O7 O

-1948

250, 0 250, 0

43,50 439,07640 17,0 0 32,57.0 10, 0 10, 0 2,4~o 7b6o 58,607 63.251,40

$

46,830 40, 479 48, 4978

Total

a

.

DECMBR boannodtedss Candi- bonanotndes—ds_ boannodtesds — corpate ^IBnteraanionklGovernmtforgeoviegrnmntGaoagnvdcie,s♦M&unicpal—tSt.es,,SPotsaeeisn toal fdiigfnunculorodesste OFDECMBR BNooatnends-sd utiles scceotopeall,,,manufctres oieindmaaunusfntcrtirdigl—:bueildtcng.s, Inthtvrreoausltddmsiinnngg,,,Miscelanous . BNooanteds-s utiles ccseootpetall,,,manufctres oieIndmauansnutfrdictlrig bueiltdcn—.gs, Intthvrreoasutldmdsiinnngg,,,Miscelanous utiles manuf acesori-indmauasnnutrfdctlrig bueildtncgs, Miscelanous utiles manufces— oriesindmauansnutfrdctlrig bueildtcn,gs!, Miscelanous
ccseotopetallr,,, Invttherrsaoutmdlsdeininntgg,,, scceotoepta.llr,,, —Intthvrreoausdltmdsininngg,,, csoercpuritate.

OF Long-termShort-ermPrefsrtoeckdComstoockn Long-term Short-em Prefstrocekd Comstocokn Long-term Prefstorcekd Comstocokn
Domestic—
foreign- Short-em

MONTH

Corp ate-

Other

'

;




Total

Candian Loan United
§

Other Farm

Grand

•These

MONTH

Long-Term Public Iron,Equipment Maotnords

Other Land, Rub er
Oil

Ship ing

etc. etc. etc. etc.
;.

i

Short-Term Railroads Public' Iron,Equipment Maotnords

-—

Total

Other Land, Rub er
Oil

Ship ing

Stocks- Railroads

Equipment and

Public Iron, Motors Other Land, Rub er
Oil

Ship ing

Total-

Railrods' Public Iron,Equipment Maotnords Other Land, Rub er Ship i—ng Total
—

Oil

„

Total

7,42895 43.18,453 495,862 8 21,0 0

$

5,273.6840

65,897

Refundi g 256,0751

-1948

$

805,180

150, 0 1,062. 70 2,68 1 7

768,10 82,06358

306. ,0

6,548.391

9.076,25 18,723468

6,150
40 ,0

5,70

284,3714

Total

Refundig 48,7160 12,79832 6,50,0 28,047150 21,075 0 20,8 219

-1948

Capitl 5,017 83

7,36 098 43, 218 47.138,20 21,0 0 " 805,180

306, 0

6,2405169 1507 .0 294,05 2,6041589

Total

7,940. 397, 850 62,418. 37,0 0

10, 0 i,2"75~o5

Capital 240, 0 67 ,471 ,80 640, 0 30 ,0 067,450 ,2150 305,781 30 ,0 40 ,0

New

10.80
13397.52,14 ,584230 2?50. 235.987,45 149,07.2 10. 0 132,89.10 940,85921 62.9 0 3,016.852 4 10.84,230 19.640 18.50 1,867.05 741,38015 49.38,0 14.30, 0 57,40 0 10, 0 703.56,10

2,817,0 7,428.9 5
65,897

65,897

19,28 19

$

596,516

27,9 73 48,7160 13,463 6,50,0 36.78,247 21.075,0 20,8 219 19,85.3

10,80
12378,9 7 ,584230 2^50l 27,3 257 149,072 10, 0 132, 584

578,240. 2,850768 95,38420 19,640 18,50. 1,59081 720,3915 29,316.58 14,30 0 57,40 0 10, 0 683.470,65

18,54 017 8,65,20

548,31

850, 0

430,82513

5,790, 0

2,150, 0 7,940, 0

756,31295 24,5170 180,5394 1,958.740

Refundi g 25,340 280,31 47 1,250, 0 2,0326 20,5 0 9,417,0 30,2650

5,6013 ,95 10, 0 16,0 0 1.76,205 2,907 86 32,0

$

3,57 ,0 186,9 5

850, 0

62,9560 2,61847,0 90,3 0 19,640 16,30 94,1 60 591.20 49,380 14,30. 57,40. 567,20

s

165,0

4 ,474

49.37,094

$

19, 16,

83

578

New

2,505

29

14

57,

921 570

3,509,103 186,9 5

2,8170 7,36.098

¥750
$

4,5079321

Refundi g 38,57 3 209,47 30,5809 21,452 83

40,73620 947O" 6O5 943.0657 104,2831 10,7 0

$

-194

Total

$

475, 80 2,14 526

98,3708 10.790 4,30 0 698.275,0 623,50 53,70 2,60.0 45,60

$

-194

209,47

175,0

762,750 298,50

911,20,25866378

7,620,850 54, 709

475.8,0 2,86459 12,9 50 10,79.0 4,308750 87,42539 625.08,74 53.94,0 2.60, 0 45,60 0 7,62085 487.52,16

1,092 9 51,90573 25,340 30.2,41 1,250 2,7659 20,348.50 9,4170

31.40,73

10,45392,88762051DeRvfaBUlcopnmtsiPrCumndrDtato.iovkpnmslced.f, 5,2604388744,1571925693,0618870462 1,283097 62,584.307915.6,8163257,493851.00942
YFED3MTFNIOAWMVAILNUORH1AOCLSNCR.PDGL YFDE3MITNOAVFWSR1UIHCTCOSSLONARH.PREEAD
Capit l 4,12564
s

New

Total

s

6,0 ,0 16,0 0 23,1450 21.50

Capitl

37o~ 7o

10. ,0 13,70 10,5 0 1,3857 ,0 3,482167,8 70,2 0

Total

4,290375 17,420 618, 607 647,0231 127,54 0 23^92^90

2,8074158

5,118,63079223.67 1,519822,074768,343963.559

$

Capitl 3,042 67 126, 10 568,2036 639,21807

3,0 .0

$

Total

5,04 6352

6,17.0 805,1982 946,7 1 7,50 , 0 47,"34*086 5.0 .0 1,640. 8

70 ,0
Refundi g 396,4 762 123,013 9,29,50
$

-195

Capit l 4.69,0 5
$

New

FGFOAOVERRENIMGNT,

Total

$

ReCfuanpditigl

12,57698

6,3205.784

3,025,0

786. ,789 1768.0 1,607.~3o6 31,986

5,86.09 3 3,67350 536,908241 1,2093182 128,50 3,¥50~6 2,8053

7.80,651

2,6473 18 byobtained

81,20
,

9713,,269451758

18,~37o"014 57, 92 153,90.4 820.56,27 5,03620 185.94, 5 36,91250 12,7 0 15S,032

723.84,76 5,941.53 "241.250 245,03629 63,15-9. 0 1,520 29.043,51 15,026143

241.250
38,620 2.70,1598 273,605.8 13, 0 61,7439 32,01.96 63,7450 1.6380 95.43 1 508, 9.42

531,730
631,789.0 94,75 815 1,732,53 3¥2~c853 1 ,578.041

31.42,50 3,017 2,90 327, 301 39,14.50 2,84.0 2,6540,73 26.8-^794 375. 30 106.732,58 2,80.0 46.853 469,8167

3,607 4,82 0 82,309.630 2,730,50 1.0 ,0 1,476053

3.470 80 ,10 23.715,40 13,82065 257,1 ^327 35. 05 3,872,0 2.50 0 82,53.9

631,730
549,7.39 92,04315 1,732,58 3l]d206*,853 10, 98

298.05 2.93651,870 30,621 25,30.875 2.84.0 2,0987426 19,567.4 36.5073 106.7325 2,80. 0 31.946853 387.264

981,0 250, 0 1,0 ,0

1.40, 6,17 ,0 5.065, 0 809,17340 14,08 1

Refundi g 3,470 46,592.40 18, 7140 13,82065 17486,97 32,50. 0 3,8720 1,50 0 71,06290

60 ,0

10 ,0

27194,0 6 5,30875 2.84,0 1.458,270 9,3 .132 34,972.0 105, 0 2,80,0 740, 0 285,706
293,0 . 0 2,159047

1,90,0

981.0 150, 0 1,0 ,0

1,40 5,4710 5,06.50 75,6 70 109,26 401

2,56 0

9,63.50 695,0

573.0 0
25,80 38,47 350 86710, 774 5,019.70 470.95,62 207,483157 4,01,23 45,6241395 145,0 8

Capit l

326,70 2,05639,0 213,8.90 39.14 50 2,84.0 1,63 947 13,89132 38.4,03 105, 0 2,80 0 2,40. 356,843576

v

$

s

New

Total

52,,37384781956 fSrmatuonicnpaeldtess ONGARENUFWPID

10, 0 120, 3650 539,0 43 3,96125.07 3,9260

17,0 0

267^270

2,50 , 0

17,0 0

$

-195

241,250
492,358.60 3,097461 278,6452 13, 0 802,6 584 368,924.60 76,4 270 1.638,0 95.43,951 6 ,1362

108,39410

any

10, 0 92,850. 120, 3650 2,14630 4,29531 3,9260

8,5692.40

t§hSGoFoeevcdrunrfmirats.l

70 ,0

70 ,0

Total

10,3745921 thoageefncy

150, 0 264,7580 4697l5~,0 3,08.9 57 17,601 0

17,0 0

51,309 51,309 32701240 6^82L705

38,620 1,5293 61 217,650 13, 0 37092,510 268,5 0 62,450 1,"63870 6.50 285,139 4

New

17,601 0

53,10645 37l0, 0 1,597"O 92,605 2,395176

6,205.84 38,47350 54,1349 1,25362 128,50 3,~85076 25,830 5

$

New

OF

2,7 1.50

""

-1952 Refundi g 75 ,46 3 1 4,80 , 0 17,5031 8 6,093, 40

CORPATE,

150, .0

5,471.0 681.7 ,69 936,8 921 7,50 , 0 47652 86 5.0 .0 907 0 1,640, 8

s

Capit l

19,540 237~9,0 64,,581357103794629 301,850 2,06"57oO 3,1765
9O7O O

$

17,0 0

153,90.4 78.26387 5,03620 179.24, 0 36,912.50 12,450 8,352406

394,150. 3,704 2 68.375,0

New

492,35860 2,3176 0 2 ,68750 13, 0 50,~45720 305,76350 74,690 ir6~3"870 6,50 37,4920

-1950

450,2 . 0 2,563 1 5120,62 10,790 4,308.750 85.69,418 605,2.40 4.5280 2.60, 0 45,60 7,620.85 456.120459

24L250
159,720 17,420 756,134 6 5.941,53 251,87.34 63,15910 1.78,270 29^0437951 13,9612

5,625,0

$

*87750
22706.9401 4.51,70 179,3864 1,60.24 175,0 7,620,850 53,4 780

2,105 26 7,30,526

450.24,0 1,84390617 97,1208 10.79,0 4,30 0 67,2174 603, 0 4,350 2,60G,0 45,60 40,5613

$

New

10, 0 13,70 10,5 0 91,560 1 ,734261 1,3950

Refundig 1,2564813 51,30.9 49,56.98 7,802,4 8,0 ,0

-1950

~

30, 0 172 5.0

7.30,526 367,401 6 604,9 05 37.0 ,0

$

530,94.0 2,3871.250 632,74.50 16,091 2,10769 5 521.60,51 20. 0 134,50 1,350 35,0 0 361,953

Capit l

New

CHAR TE

39646,,67,44195097820

$

296, 50 2,31697250 547.3 50 16,091 1.839,62701 512,8956 17,80 14,50 1,350 35,0 0 295, 05

5,93 50

70 ,0 0

2,56.0

963,40
1,8470 8,91,850 3,946,0

4,80 0

4,80,0

Refundi g 234, 9.0 70,290 85,420 268,0 13 8,74592 2.340, 0 20, 0 6,4328 75,46 31
$

-1952

126, 0

4,83,50 695.0

40

80

13115,,76,99494.888206 68,735826,09578449
530.94,0 3.26091,857 687,94207 16,091 2,58719 2 729,86 20.7930 138.50123 1.350 80,624.395 532,10.92

234, 9.0 81.39740 86,3 .40 281.759,83 12.69lP25 2.340 20, 0 68.07,41

1,63548 26. 1,48

573.0
25,80 3,673 50 859. 867 54,0637 461,0379 203,54 17 4,01,23 45.~624395 143,061

34

1,350.
1,729658 296,50 3.179,528 601.4,87 16,091 2,306.59714 006743 18,4530 18.50123 80,624395 46,23810 7.80,651
717

notes notes - stock. notes. . . . . agencisAt., fiuncldse DE3MENCODNM1BTHRS NBootaensn-dds .— utiles.— cecootpal,,manufctres oie Imnaadnuunfscttrdirilg;beuildtcng.s, httreoraludtcsin.g,, . BNootaens-ds utilesecco■tpoarl,,manufces oriesinmaadnuufnscttrridg.l beuiltdcngs, —— htotreralduticsng.,, utileseccotpoarl,,manuf ac;esori inmaadnuufcnstrtirgd—l beuiltdcngs, — htortearlduticnsg.,, - utileseccotopal,,manufctres o—.ries Inmadanuunsftcrdtirilg beuiltdcngs, . httroeraludtsciinn.gg,,, sceocrupritate
SUMARY D3ECM1BR
bLdoahngn-dtedrsmShort-e-m stock Candian- bLooanngn-dtedrsmShort-emPresftorcked foreign— bLooangnn-tdedrsmShort-emPresftorcekd Cosmtocko—n corpate IBntearanioknlGCoavenrndianforgeoveirngmnt GLaonavdn, Municpal—Stes,SPostaeiens toal fdignuoorets
CDEMNONTHS orpate—* Domestic— Presftockd
Com on

Com on

t

Other

.

Grand

Total
■

«

'■

■

K

12




.

8

Other Farm

*

United

Long-Term Railroads Public Irsoten,l, Equipment Maotnodrs _i. Land, Rub er Ship ingInvestmn Miscelanous Short-Tem Railroads public Irsoten,l, Equipment Maontdrs :-v Land, Rub er Ship ing Investmn Miscelanous
Total

•These

Other

12

oil

Other

Oil

Total

Stocks-

ste l, Equipment and

Public Iron, Motors Other Land, Rub er

Sh<ip ing Investmn

Miscelanous

Total

Total-

stel, Equipment and Rub-er Ship ingInvestmn Miscelanous

Public Iron, Motors Other Land,

Total

6

(1790)

The Commercial and Financial Chronicle

(Continued from page 3)

10,000,000

Monday, April 27, 1953

...

Illinois Power Co. 200.000
shares of 4.70%
stock (par $50).
Purpose, to repay
new construction.

cumulative pre¬
loans and

ferred
'

1952

'

Short Term
•

„

Month

Add

Feb

Classification

1952

Other

Ind.

&

Name

Bonds

.

;

and

Notes

'

.

Mfg.__"Thermoid Co.

New

4,/2%. promissory notes due

10,000.000

Allocation oi Proceeds

.

Issue—

of

1956—

1,000,000

____________

Quaker Oats Co. 3 V2 %
promissory notes, due Feb.
Purpose, for expansion and
working capital.

Refunding
.

10,000,000 United

—

Biscuit

March

Jan

1952

Miscellaneous

Deduct

Jan

1952

Add

Jan

1952

Add

Jan

1952

Ad!

Jan

Oil

Utilities

Public

Utilities^——Osceola

1952

Other

Ind.

&

Feb

1952

Apr

1952

—Florida

Mfg

Miscellaneous

Add

Apr

1952

Oil

Add

May 1952
May 1952

Other

May 1952

Public

Jun

Public

Add

1952

Aug 1952

shares

of

50,000

shares

Inc.

9,000 shares of

5»/a%

of

Co.

shares

of

1.600,000 shares of

of

of

stock

common

(par

$10)

stock

(par

$10)

stock

(par

$25)

500-^0

cents)

com.

Utilities

Warren

—

Telephone

Utilities—____ Kentucky

Iron, Steel, Coal, etc.

Water

Co.

3,000

Service

Co.

shares
10,000

of

(par

of

five cents)———

stock

(no

stock

80.000,

$5)

(par

Iron'Steel,

<fe

Add

Sep
Oct

Add

1952
1952

Add

Miscellaneous

Ozark

Air

Lines,

Inc.

23,025

Nov 1952

•Represents

issues

placed

privately.

,v

42,038

1982.

100,000

;

Add

Jan

Classification

1951

Mar 1931

Other

Deduct

Apr

1951

Iron,

Add

Apr

1951

Land,

Add

May 1951

Sep
Sep

Add
Add

Oct

&

1951

Miscellaneous

1951

Utilities

Public

_____

Utilities

Oct

1951

Other

Ind.

Oct

1951

Miscellaneous

1951

Oct

1951

Nov 1951

&

Add

Ind.

Dec

1951

Add

Dec

Inc.

Cement

Co.

4%

Mfg.

mtge. bonds, ser. C,

serial

notes

first mtge.

first

15-year

Co.

first

234% -3V'a %

America 3'/a %

1951

"Georgia

—

Power

National

&

Light

Co.

3%%

first

due 1976

2,000,000

serial

1966—

mortgage

due

B,

due

Ind.

&

"Eagle

Miscellaneous

Inc.

5%

serial

debentures

1964

due

•''

Dec

1951

Other

Ind.

&

." American

Mfg.

Chemicals

Metallic

Corp.

:

Bonds

:J'

>

,

2,275,000

--

Apr

1951

Public

Add

Jun

1951

Other

Add

July 1951

Public Utilities

Add

Oct

Public

Add

Oct

1951
1951

Utilities
Ind.

&

due

85,000,000

1956

Mfg.—_ Drayer-Hanson,

000)

Utilities

Add

Oct

1951

Nov 1951

Miscellaneous

50,000

shares

$5

of

preferred stock
stock

common

(no

(par

Dec

cents)

Dayton

—__

Power &

Light Co.

12,733 shares of

1951

issues

placed

Line

slock

common

;

30,
-

March

Purpose,

(par $7

$25i__

$5).

15,

Co.

1,

bonds due Jan. 1,

gage
and

for

25,000,000 Armco
due

new

1,

Corp.

1,

1961.

17,000,000

&

for

1,

.

Feb. 1,
1982.,
construction,

■'

;•

1962.

10,000,000 Cincinnati

lative

3Va %

&

first

notes,

mortgage

&

additions

shares

and

City

Power

Aoril

Gas

l,

of

common; stock

(par

Corp. 200,000 shares of 5r4%

Purpose,

Co.

Gas &

parent,

Light

Co.

to

and

1,

1982.

100,000

first

shares

of

1972.

Purpose,
' '

repay

ex¬

Pipe

Line

Co.

Co.

3 '4%

Purpose,

to

Co.

v

3%%

to

first

bank

repay

•

loans'and

'.

i«
.

20,000,000 Transcontinental
pipe line

bonds

15,000,000 National Cash
due

Gas
due

Pipe

Line, Corp.

1971.

Purpose,

Register Co.

March

1,

due

for

Feb.

1,

sinking fund debentures, due
refunding ($40,000,000)
and for

Purpose,
($25,000,000).

39,200,000 Monsanto

1,

(par $5).

Co.

Corp.

75,000,000

reduce

con¬

mortgage

'

:

;

1,

loans."

Purpose, for expansion
400,000

shares

Seal

&

Co.,

Inc.

3%%

16,087,500 Owens-Corning

35,000,000

due

1971.

expansion.

to

repay

Corp. 450,000 shares of
Purpose, for capital expenses and

13,000,000 Texas Gas Transmissio-n
Corp. 4%

12,650,000 West

i

Purpose,

to

Pcnn

Gas

&

440,000

Electric

bonds, due Feb. 1,

shares

of

common

of

1982.

Co.,

10,900,000 Marathon

Inc.

250.000

Corp.

Purpose,

400,000

shares

for

shares

capital

capital.
Air

of

common

stock

of

(par
;

common

improvements

stock
and

Lines, Inc.

Purpose,

to

Tobacco

(par $25).

bank

4'

.'

■

of

and

loans

&

'

and

and

'

5

y

600,000

for

Co.

1,

30,000,000

for

and

12,000,000 Oklahoma
due

Gas

March

new

1,

&

shares

30-year

Purpose,

y

Co.

common

314% 15-year
debentures,
purchase planes,

stock

due

Central

Co.

1,075,685 shares

mortgage

due
'

1

*4

"first mortgage

bank

loans

series D, due

bonds,

&

Electrie Co.

series

bank loans and

for

Tobacco

U,

due

new

Co.

3%%
Dec.

1985.

Light

Co.

3'4%

first. mortgage

El

2002,

Natural
second

Gas

Co.

preferred

construction.

10,000,000 El

Paso

lative

Natural

Purpose, for

100,000

Feb

for

new

10,000,000 General Aniline
March

Co.

100,000

1,

1972.

&

of

new

shares

repay

Film

Corp. 314.%

30

oil

;j

;

expansion

deben¬

program.

25-year debentures,

due

first

mortgage bonds,

($40,000,000)

and

due May

for

314-%

convertible

expan¬

Purpose,
* *

debentures,

for

expansion
•

.

unsecured

notes, due July

1,

1977.

Missouri

of

for

Can

Co.

Purpose,

new

shares

989,599

bank

first

1962.

construction.

>

of

mortgage

Purpose,

and

to repay
<

.

stock

common

(par

for expansion program.

Adding Machine Co.
1,

1977.

334%

Purpose, to

sinking fund debenbank loans and

repay

sinking fund debentures, due May 1, 1977.

retire

to

bank

loans

and

for

Jersey

15,

Bell

Telephone

1984.

Purpose,

1977.

to

Purpose,

subsidiaries.
&

expansion

'
314%

Co.

/

program

"

32-year

debentures,

to repay advances from Ameri-

to

the parent.

sinking fund debentures,
bank

repay

>

loans

for

and

due
ad¬

■

Refining Co.

599,560 shares of $1.50

stock

(no

cumu¬

value—convertible

par

Oil

Co.

400,000

shares

of

common

stock

(no

par).

Purpose, for expansion program.

,

15,000,000

Lion

Oil

April 1,

Co.

3%%

1972.

sinking fund

Purpose,

15,000,000 Seaboard Air Line RR.
June

con¬

par).

314%

bonds, due May 1,

and

& Denver City Ry. 434% first
mortgage sink¬
ing fund bonds, due May 1, 1982. Purpose, refunding.

L,

dated

1, 1967.

14,049,720 Wisconsin
stock

(par

June

27/s%

1,

1952,

Purpose, for

Eleetric

$10).

debentures,

■

mon

stock

new

Power

Co.

Purpose,

for

(par $10).

series

C,

due

for expansion program.

equipment trust

certificates,

and due semi-annually
equipment.
.

702,486
new

13,425,000 Food Machinery & Chemical Corp.

construction.

Purpose,

Co.

trust

May 1,

16,050,000 Lion
.

5.36% cumu¬

Purpose;*to

and

interests in

..(17,000.000 Fort Worth

construction.
of

debentures

expansion.

series

(no

^ new

Purpose, for capital additions and
improvements and working capital.

.

1952

for

sinking fund

for

(subordinate!.

second
preferred
prior to June 15, 1962);

com¬

bonds,

$4.40

of

3y# %

314%

California

lative

construction.

new

shares -of

stock;, series

preferred stock (par $100)"..

loans and
due

Gas

Electric

vances

for

income; debentures, due .March

Purpose, for expansion program.

Paso

vertible

Works 33,4%

Purpose, to repay bank loans and for

refunding mort¬
Purpose to repay

3»4% 25-year debentures
Purpose, to reduce bank loans.




stock

first and

1,

Corp. 610,937 shares of
Purpose, for expansion program,

March 1, 1982.

10,000,000 Corning Glass

common

&

Ltd.

Purpose,
Co.

,

loans

May

bonds,

and

due

mortgage

;

refunding

1972

17,986,800 Ashland Oil

repay

first

Purpose,

>•

,

can Telephone & Telegraph Co.,

Feb.

10,000,000
of

(par $7).

Union

20,000,000 New

construction

>

3V4%

1982.

and working capital.

*'*

Transmission

P<Aver

1970.

Dow Chemical Co. 314%

Purpose,

of

.

mon

1,

'

'

10,686,932 Quaker Oats Co. 410,121 shares of common stock
(par $5).
Purpose, for expansion and working capital.
"

(par

May

for

first

for

(par

notes,

\

Rubber

of

ad¬

"

Co.

1,

$1,000

18,000,000 National Fuel Gas Co. 314%

3%%
to

of

Corp. 314%

tures, due June

..

capital stock
2 'i

promissory

($15,000,000).

Co.

25,000,000 Burroughs

Co., Inc. 3^4 %

Purpose,

Oil

$12.50>v

«

stocks

bank loans

Purpose, for expansion and working capital.

(no

in

*

of

334%

March

Canada,

1,

Purpose,

25,976,974 American

for

construction.

10,385,929 Texas Eastern

mortgage bonds,

to repay

construction.

new

shares

Service

MAY

of

stock

of

investments

3%,%

1982,,

Electric

1982.

Union

bank

.

15-year convertible de¬
Purpose, refunding ($457,925 > ^
($12,042,075).
"

for expansion

first

Purpose, for purchase of

May

Steel

collateral

'

Production

Co.

further

for

;

April

first mortgage bonds, series O,

Co.

units

in

20,000,000 Crane Co. 314%

Inc.

Light

.71),

1977.

1982.

.■

Purpose,

March

loans

common

'

Power

working

Purpose, to reduce bank loans.

55,000,000 Pacific Gas

1977.

bonds,

loans

due

Texas

Purpose, for expansion and working capital.

sinking fund debentures,

shares

bank

repay

Utilities,

par).

due

Southern

1,

1,

to

South

MARCH

$56,119,934 American

50,000,000 American

30,000,000

pre¬

bentures, due March 1, 1967,

10 000,000

1967.

gage

mortgage

bank

retire

»

•

409.689

subsidiaries.

(no

bonds,

i

1,

to

12,500,000 Pacific

subsidiary

Purpose, for capital expenditures,

United

first

repay

Corp. 3)4%
to

due

stock.

due

1,

due

construction.

new

subsidiaries.

stock

Co. (Ky.) 3'4%
first mortgage
Purpose, for expansion program.

to

cumulative

•

11.250,000 Koppcrs

10,000,000

stock

12,500,000
Co.

3V4%.

Purpose,

Co.

Purpose,

13,170,000 Middle

working

1967.

1,

Utilities

vances

common

Gas

&

program.

Electric

Co.

Purpose,

expansion program.

par).

bank

first mortgage pipe line
bank loans, and
for

Purpose, for Investments Ire stocks

Louisville

$6.25).

:

retire

companies.

$10).

.

due

»

(no par).

12,000,000

.

April

13,314,893 Texas
and

Purpose, for

Power

1987.

15,000,000 Shamrock Oil

stock

note,

1,

4.56%

-

due

Fiberglas

(par $5).

capital.

bonds,

program,

common

promissory

1972.
Purpose, refunding ($16,750,000)
loans, etc, ($8,250,000),

*

of

(par $100).

314%

program.
of

bonds,

mortgage bonds, due

Purpose,

900,000

Public

G,

sion program

sinking fund promissory
Purpose, for. new construction

shares

explora¬

Purpose, for working capital.

Firestone Tire &

May

March

bank

for

64,239,000 Chicago & Western Indiana RR. first collateral trust mort¬
gage 4%%
sinking fund bonds, series A, due May 1, 1982.
Purpose, refunding ($61,739,000) and for capital expendi¬
tures ($2,500,000).

344%

1977.

150,000

of

55,000,000 National

-first

stock

common

and

first mortgage

first

1982,

Rubber

'v;;

tures,

construction.

promissory

Purpose, for capital additions.

Cork

stock

3%%

Co.

Electric

due March
new

Machines

2052.

Chemical

15,000,000 Potomac
,

Business

notes, due Jan.

ferred stock

354%

1972.

expansion

40,000,000 International

25,000,000 Crown

Inc.

Edison

loans

Property Management, Inc. 4% income deben¬
May 1, 1967, and 300,000 shares of common

due

(par

$90,000,000 Aluminum

for

* '

4%

to

Gas

&

;

fund

new

for

and gas properties.

debentures, due March
expenditures? and working

mortgage bonds,

due

and

repay
advances from
construction.

Purpose, for

Indiana

series

shares

equipment and working capital.
$65,000,000 Remington Rand,

loans

construction.

new

Inc.

&

15, 1972.

.

25-year' 314% 'sinking

capital

3V2%

Purpose,

struction.

15,000.000 Ohio

FEBRUARY

debentures,

bank

new

Electric Co.

1982.

Tire

stock

1970.

'

"

.

due

"•!•''■

Power

1982.

notes,

10,000,000 Oil

convertible

for

Fund,

tures,

bonds,

;

capital.

20,000,000 Illinois

4Va%

to

capital

*

construction.

mortgage bonds, series I, due
for
capital expenditures and
•
' • " !
'

re-

Purpose,

cumulative preferred stock (par $100).
bank loans and for new
construction.

Oil

24,496,500 Inland Steel

1,

($7,869,300).

for

1,

bonds,

to repay

purposes."

' :'.4

«

Purpose, for investment.

10,000, 000 Northern

indebtedness

repay

series
A, due March
1,
1977.'-<• Purpose,
expansion program and
working capital.-

cumu¬

fund

repay

and for

April 1,

Canadian

Jan.

;■

•

3V2%; firsj; mortgage bonds,

Purpose,

debentures,

15,

Purpose,

Purpose,

sink¬

construction.

10,000,,000 General

"*

working capital;

1,

Co. 30-year 3'4% first mortPurpose, for new construction.

&

Co.

1982.

Corp.,

Lighting

„

March

Electric

1982.

Grocers

due

Pacific

Steel Corp, 4%%
first mortgage
Purpose, for expansion program.
'

working capital.

preferred stock (par $50).
($2,130,700) and for working capital

10,000,000 Kansas

due Jan.

20-year

($4,280,000).

sinking
to

Light Co.; 314%

parent,

due

for

$1).

New

27,500,000 Kaiser

.

convertible

funding

to

25,000,000 Interstate

promissory

133,202

of

penditures.

'3Vtr/r>

interim loan notes.

expansion

Gas

California

series A.

first mortgage bonds due
bank loans and-for new

.

repay

for

bonds due

gage

,

to

Co.

Purpose,

10,000,000 Consolidated

Co.

&

Co.

25,000,000 Inland Steel Co. 3.20%

Light Co. 3'4%

to retire

Chemical

$15).

Co.

Edison

("

30,000,000 Southern
5%

•

Purpose,

10,989,165 Dow

of

through

Purpose, to repay bank loans and

Purpose,

15,000,000 Marshall Field
,

convertible

program.

Electric

1982.

375,000 shares

$50),

3.10%

1972.

first mortgage sinking fund bonds,
1972.
Purpose, refunding ($10,720,-

314%

Purpose, for

series D,

000

to

,

shares

of

common

construction.

30Q,000 shares pf

Purpose, for expansion .and

.com-

working

capital.

promissory notes, due

for expansion

program.

i

1972.

30,

»

Co.

'

struction.

C,

construction.

new

15,000,000 Dayton Power &
'*

Corp,

(par

expansion

Michigan

bonds due Jan.

for

Chemical

&

preferred stock

Purpose,

Indiana

sinking fund debentures, series
Purpose, for expansion program.'

June

Ltd.

'

Power

1982.

12,000, 000 San Diego

,697,437

York, Inc. 3%% 30-year
first and refunding
mortgage bonds, series H,.due March 1,
1982,
Purpose, to repay bank loans and for new con¬

Purpose, to repay bank loans

3%

1964.

18,750,000 Kaiser Aluminum
cumulative

50,000,000 Consolidated

construction.

Steel

Jan.

1982.

mort¬

due

bonds,

414% sinking fund de¬
(payable in Canadian cur¬
expansion
and
general
corporate

Purpose,

1982.

due April

refunding

new

1969

Purpose, to repay bank
development expenses.

12,000, 000 Alabama

11,475,

and

mortgage

for other general corporate

1977.

Utilities Co.,

(Continued from page 3)
first

and

Regulator

for property

April

,220,000

for

\

Purina

15,

14,000, 000 Texas Power

150,000
125,000.

$10)__

cumulative

»

Co.,

15,

for

due April

and

and

3'4%

" general

1952

-

187,500
334,241

_______

Co.

4V2 %

Purpose,

.

Wcstinghouse

240,000

$5)

privately.

Electric

of

$100).

414%

RR.

12,000, 000 West Penn Power Co. 314%

35.000,000 Philadelphia

parent.

"

due

tion and

60,000

—

par)_

"Represents

(par

working capital.

300,000

ipar

Securities Acceptance Corp. 6,000 shares of 5%
preferred stock (par
Birmingham Fire Insurance Co. 12,500 shares of
commpn stock (par
Other Ind. & Mfg._3r" Kimberly-Clark
Corp. 50,000 shares of common stock (no par)
Investment Trust, etc. $tate Street Investment Corp. 165,816 shares of
capital' stock (no

1951

Dec

Add

par)___.

40

Miscellaneous

Add

3,000 shares of

advances

repay

f

-15,000 000 Ralston

150,000

*

,

mortgage bonds,

to

15,000, 000 Tennessee Production Co. 1,250,000 shares of

Newark Telephone Co. 4,000 shares of common
stock (no par)
Conestoga Telephone & Telegraph Co. 37,500 shares of'com. stock

______

Utilities

Public

Inc.

due
and

,

first

Purpose,

223,865 shares

stock

Minneapolis-Honeywell

(par

Warren Telephone Co.

_____

debentures,
1967, 1969

1965,

loans."

32-year

1984.

Inc.

preferred

Coast

series B,

v-

debentures

Co.

1,

15,000 000 Peabody Coal Co. 414 %

5,000,000

Notes

income

conv.

serial

1,, 1963,'
bank

Rubber

bank loans and

"

1,

program.,

ing fund debentures, due April 1,

Stocks
Add

Add

April

Lines,

.purposes.

20,000, 000

100.000,000

Air

rency),

__i
•

for

Co. 33/4%< promissory notes, due Jan.
Purpose, for capital additions and working capital.

bentures,

400.000

*

United

April

4%

and

debentures, due April

35/s%

April
reduce

Telephone

due

20,000 000 Canadian

;

'

and

3',4%

Corp.

on

B, dated June
Purpose, refunding.

■

2,000,000

_____

Add

'5.;'. ^4-

:

500,000

—

Short Term

common

3'/4% 35-year first mortgage
bonds,
Purpose, for new construction.

to

-

..

of

loans

)

series

700,000

v

Bell

C,

22,000 000 Atlantic

1,369,994

——

Credit Corp. 4% collateral debentures due 1976———
Public Utilities —— "Electric
Energy, Inc. 3%. first mortgage bonds due 1979—
"
Rubber
Mansfield Tire & Rubber Co. 3%% debentures due 1966
:
"
Iron, Steel, Coal, etc. Pittsburgh Steel Co. 334% first mortgage bonds due 1971
Other Ind. & Mfg.__ "Reynolds Metals Co.
4% first mortgage bonds duo 1962——-

1951

shares

bank

and

Co.

Finance
each

convertible

200,000

—

Dec

retire

debentures,

equipment.

750,000

"Stromberg-Carlson

—_

500

500,000

Rubber

Co.,

22,386,
4-

1,500,000

,l—..

Illinois

_____-

3,500,000

315,000

Hess, Inc. 15-year mortgage notes————J—i. £
Telephone & Telegraph Co. first mortgage bonds——

Stores

800,000

to

pay

expenditures

from American Telephone &
Telegraph Co.,

5,000,000

1966

Bellas

"Conestoga

fund

capital

for

due

to

sinking

Co.

30-year

1987.

25,000, 000 United States

2,000,000

—

1981

000

1, 1932.

______

1952-1971—

due

bonds

Co.

Purpose,

series

_r_

22,500,000

bonds—————-

notes

___—

Add

25,000,

Refunding

750,000

1952-1971

bonds; series B, due

mortgage

234% -3M>%

due

Machinery Co. 4% promissory notes due 1952-1961— i—American Acceptance Corp. 4 '/a#
con v. debentures, ser. B, due 1959
Mfg.— "Solar Aircraft Co. \%e/c' mortgage note due to 1961——:
Mfg.— "Sundstrand Machine. Tool Co. 4'4%<
debentures, series B, due 1965—

&

Other

1951

Add

Mfg.
of

"North

Other

Nov 1951
Dec

Co,

Terrace,

Mfg.— "National

Miscellaneous

Add

London

*

Add

Oct

*

Cement

Steel

."Marquette

—

Add
Add

Marquette

etc ,* Crucible

Bldgs., etc
Ind. Mfg

1951

Add

New

Oregon-Washington Telephone Co. 3%%
*

Mfg.__

Coal,

Public

Add

Issue—

of

Edison

and

j
•

Iron, Steel, Coal, etc, "Crucible Steel Co. of America 3l/2% first mtge.
bonds, .series
Other Ind. & Mfg.— * Packard-Bell Co. 4 Ms#
trust deed note due 1966—

July 1951

Add

Ind.

Steel

Other

July 1951

Add

Name

Public Utilities

Add

Add

Notes
Allocation of Proceeds

Month

Purpose,

series C,

construction

3%

Purpose,

Power

1,

$5,000,000
1972.

Long: Term Bonds and

Co.

Purpose, for expansion

25,000, 000 Household

.

,

1951

debentures,

new

program.

Can

due April

55,009
4

1967.

$25).

25,000 000 Consumers

5,538,275

^

.

(par

25,000, 000 American

1,786,639

shares of

1,

3%%

for

Glass

California

construction

50,000

general common stock (par $1)____
Miscellaneous
Farm Equipment Acceptance Corp. 2,000 shares of common stock
(par $50)
Other Ind. & Mfg.
Mississippi Chemical Corp. 1,107,655 shares of common stock
(par $5)
Iron, Steel, Coal, etc._Zenda Gold Mining Co. 550,095 shares of common stock
ipar 10 cents)—

Nov 1952

Deduct

Muilins

Mig

stock

100,000

Coal, etc.* Standard

Other Ind.

1952

Plate

April

Inc.

Purpose,

working capital.
27,200 000 Southern

50,000

>

Mining & Smelting, Inc. 200,000 shs. of com. stock (par 10c)
Sulphur Co. 400,000 shares of common stock (par 10 cents)
Manufacturing Corp. 71,110 shares of common stock (par $1)

Aug 1952
Sep

due

300,000

;_

Gas System,

1,

40,000 000 Pittsburgh

100,000.

•

par)

repay

working capital.

1977.
bank loans.

150,000

American

Add

Add

April

750,335

—

to

1977

\

debenturese
due
bank loans and for

v

60,000 ,000 Columbia

80,000

cents)—■*

10,000

common

Purpose,

1,

3%%

Pipe Line Co. 3.20% 30-year
sinking fund deben¬
tures, due April T, 1982".
Purpose, to repay bank loans and
for expansion and
working capital.

180,000

10

America

$90,000 000 Service

10,000

par)__

preferred

$5

shares

1977.
and

of

APRIL

300,000

(no

(par

Co.

299,700

$1)

stock

common

(par

stock

capital

stock

common

(par 5

preferred

400 shares

Corp.! 160,000 shares

5,000

stock

common

■
" Banff Oil Ltd. 500,223 shares of common stock (par 50 cents)
Mfg.— Instant Beverage, Inc. 30,000 shares oi common stock (par $5)
* Monty's Stores, Inc.
10,000 shares of common stock (par $10)

&

Miscellaneous

Add
Add

Corp.

Investment

-Jackpot Oil Co.

;;

Ind,

11,100

Farmers Mutual Telephone

Adshelf,

*

Co.

2,000,000 shares of common stock

Telephone

General

>

Oil

Add

Casualty

Sonic Research Corp.

Miscellaneous

Add

May 1952

&

Fire

..Crusader Corp.

Public
,

Add

Add

American

____

l,

expansion

Stocks
Add

bank

for

13,000,000

Illinois

Central

RR.

consolidated

bonds, series D, due June 1; 1982.

mortgage

30-year

4'4%

Purpose; refunding.

Volume 177

Number 5215

12,500,000 New

Jersey

series

Natural

due

A,

due

May 1,

of

4>/«%

first mortgage bonds,
acquisition of properties'.

for

3(4%
new

System

tive

Light

preferred stock

10,000,000 Hooker

May

^

mortgage bonds

of

f

100,000 shares of

Purpose, to

pari.

Electrochemical

1977.

if

to

and for

3%%

Co.

Purpose,

Jen.

Gas

1,

$4.24

loans

Power

May

15.

&

Light Co.

1982.

Purpose,

construction.

.

3(4%
to

('

cumula¬

notes
and

1968.

in¬

for

&

Light

Co.

cumulative preferred stock (par $100).

62,000,000 Illinois

ex¬

j

series

new
,

due

j

•

ing

.

fund

due
&

Aug.

due

first

37/s%
refunding.

1,

Aug.

10,000,000 Kerr-McGec Oil Industries, Inc. 15-year 5%
due 1967.
Purpose, to repay bank loans.

secured

notes,

annually
,

Island

stock,
and

Lighting

series

for

B

Co.

100.000

$100).

(par

shares

Purpose,

of

to

5%

preferred

bank

repay

25,000,000

1982.

loans

tures

due

24,000,000 Texas
10,000,000 Tennessee

Gas

cumulative
bank

Air

Transmission

preferred

stock

Co.

100,000

$100).

(par

shares

of

Purpose,

line

5.25%

to

Sept.
due

tures

JUNE

Westinghouse
-Dec.

40,000,000

Public
due

30,000,000

Service

June

1,

Beneficial
1,

Electric

1972.

Loan

IP72.

$100).

Corp. 3(4% 39>-year debentures due
Purpose, for expansion and working capital.
Gas

&

Corp.

Purpose,

Cov

for

Purpose,
3.(4%

debentures

loans

Purpose,

for

I.

Financial

3%

Corp.

for

Purpose,

4

Sept.

June

1,

1969.

promissory

working

note

Service

Co.

of

Indiana.

due

and

for

21,500,000 Northern

$40,000,600 Tennessee

first

loans.

<

due

'

June

1,

Power

1982.

Co.

v

.

stock

$15).

(par

to

■'

-

'[r. 21,281,208 Consolidated Natural
.

first

mortgage

loans

403,254

convertible

preferred

loans

and

20,000,000 American
entures

and

for

Gas

due

stock

30,000,000 El

f'-'-K'/4

1,

Purpose,

in

3%%

Co.

1977.

investment

for

Purpose,
of

stocks

sinking
to

to

Paso

fund

Paper

preferred

stock

^

$25).

El

Purpose,

for

mortgage
to reduce bank

notes due

first

,

3%

convertible

1982.

)

F.)

3!4%

Co.

18,478,900

Oct.

new

v

.

construction.

1,

15,000,000 Arkansas
Y

new

■

.

1982.

Power

due Sept.

1

-

i

Light

3(4%

Co.

Purpose,

Co.

loans

first

mortgage

Stores,

convertible
bank

preferred

loans

1987.

4(4%

of

stock (par $100).
expansion.

for

and

shares

200.000

Cyanamid

18,000,000 American
1,

Inc.

cumulative

Purpose,

to

Co.

1982.

Purposev

Service

stock

mon

due

Electric

(no

July

Co.

3Ve%

1982.

1,

Gas Co.

&

first

1,

for

bonds,

bank

repay

of

15,000,000

and

fund

,

due

notes

Chemical

May

1967.

1,

3(4%

Corp.

sinking

15-year

for

Purpose,

capital

<

ex¬

England

New

Telephone

3(4%

Co.

33-year

de

due

July

American

from

1,

Purpose, to repay advances
& Telegraph Co. and for new

1985.

Telephone

,

$20)..

10,000,000 Bucyrus-Erie Co.
"

■■ '

refunding

due

&„ Electric

Gas

June

1'982.

1,

to

Purpose,

construction.

new

"'j'Y

:

D,

June

due

Go.'3(4%

Utilities

Kentucky

1,

1982.

mortgage bonds, series
for new construction. - -

first

Purpose,

,

notes

due

and

for

new

$5).

(par

(Minn.)

Co.

Power

stock

common

Purpose,

sion

'

-

.

shares

1,108,966
to

Oil

(Indiana)

Co.

1982.

and

stock

110,000,000 Lone

•I

common

Purpose,

Purpose,

.

-•

to

debentures due

30-year

bank loans and

for

expn-

promissory

refunding
for

notes

($65,000,000)

expansion and

Oct.

due
to

and

1,

repay

working capital

($45,-

Y

bank

loans.

98,585,828 Socony-Vacuum

-

vertible debentures due July 1,

,

to

Chemical

due

••

July

Co.,

Inc.

Purpose,

shares

3,180,188

for expansion

capital

of

program.

Purpose,

1,

stock

50,000,000

shares of common
Purpose, for construction program.

Electric

&

(par $25).

Deere

July

Gas

Co.

&

1,

3.(4.%

1977.

2,271,300

Co.

series

37,500,000

O, due July 1,

Associates

subordinated

Co.

Investment

($22,500,000)

refunding

Purpose,

first mortgage bonds,
Purpose, for new construction.

1982.

working

for

and

due

notes

due

1968.

capital

1982.

for

Purpose,

due

10,500,000
•

Manufacturing Co. 25-year 3)4% promissory notes
Purpose, for expansion and working capital.
Co.

&

shares of

691,276

stock

common

(par

to

»>

and

for

capital

"

($12,000,000).

4%

Inc.

promissory

refunding ($8,000,000)

Purpose,

loans

.

*

Co..

(Robert)

1982.

improvements

due

notes

and

and

10,000,000

•

,

>

.

1982.

10,000,000

tion.

trust

Transportation

certificates,

series

-equipment.-'14,258,650 Houston
tures

due

series
and

..

Lighting

13,478,000 Atlantic

June

Coast

C,

due

50,

dated

including July 1,

quarterly to and

&

30,
Line

July

July

1972.

1967.
RR.

3(4%

Purpose,

4(4%

1972.

1,

1952,

Purpose,

for

Co.

1,004,510

12,000,000 Slaley

(A.

E.)

shares

of

mortgage

common

and

to

reduce

1,

bank

1977.
loans

deben-

-

35,000,000

American
Utah

stock

1,

Co.

and

3'4%

for

sinking

working

mortgage

Oct.

first

and

1982.

1,

Bag

Co.

Power
Dec.

13,

of

Baltimore

1967.

Purpose,

program.

3.90%;

New

first

first mortgage bonds due Nov. 1,
bank loans and for new con¬

Orleans

Northeastern

&

Nov.

1,

RR.

1952 and due

(name changed

mortgage
31,

joint

Nov.

1,

1967.

to John A. Roebling's

sinking

15-year

Purpose,

of John

A.

to

fund

finance,

4Vj.%

in

part,

Roebling's Sons Co,

3Va%

RR.

Paper Corp. 253,008 shares of capital stock

&

Purpose,

Purpose,

for

expansion

Light Co. 3(4%

to

bank

repay

and

working

capita).

debentures due

loans

for

and

Sept.

new

1,

con-

" i

June

Iron

15,

1958.

(par

$5).

promissory

note due

and

3%%

Co.

Corp. 200,000 shares of 514%
(par $50). Purpose,

cumu¬

to assist

subordinated

Purpose,

for

unsecured

noies

working capital.

fund

de-

($9,-

Securities ill the

England

(par

&

refunding

for

Sept.

1,

in

total

third

and

amount

f

notes

due

to

April

1.

bank

repay

1958
loans

for

first mortgage bonds,

Purpose,

Telephone

$25).

&

Light

for

Telephone

new

i

13,029,269

,\

■

t

'

\

Nov

Purpose,

Telegraph

314%

Co,

Co.

new

first

to

bank

repay

loans

400,000

Co,

shares

to repay advances

and

Co.

first

for

mortgage

$5 ).

issues

12 months'

the

private

route

amounted

to

36.65%

corporate financing and compares with 40.46%

all

of

placed

so

Private

sales, it might be well to explain, comprise
not publicly offered but sold di¬
rectly by negotiation to a relatively few large purchasers,
ordinarily insurance companies and banks. No distinc¬
tion is made between private and public issues in our
detailed compilation of capita] flotations. It ought also
to

be

the

?

made
clear to
avoid
any
misunderstanding of
figures, that the compilation is only of security issues

Following is

list of all private issues which

a

10,000 shares

Aluminum

Advance

$650,000

new

bonds

Works

sinking

fund

Telegraph

15,

1979.

due

Jan.

Sept.

1,

$9,734,000

1971,

1977,

Finance

ferred

Allied

Steel

$12,000,000

Allied

July

stock

Finance

$100),

1952

3V4% deben¬
repay
bank loans

1977.

convertible
for

Purpose,

Purpose,

Corp. 414%

for expansion

first mortgage

program.

stock (par
Purpose, for capital additions and improvements.
Chemical

Co.

and

420,299

4(4%

1962,

first mortgage

shares

of

1964,

$600,66(1

pipeline

bo aus

(August).

3%

20-year sinking

3%%

Corp.

promissory

fund notes due 19 72.

6,000

(par

Co.

shares

$100),

Mfg.

6%

$600,000
shares

11,000

$1,100,000

of

notes

cumulative

due

1:\

Sept.

participating

3% %

Co.

(May).

of

5(4%

cumulative

stock

preferred

promissory

due

notes

June

mortgage 37/«%

bonds,

series A,

19.12,

1,

*■'*

(June).

first

pre¬

(May).

'

Aug.

dated

due

Aug.

1,

1982,

$1,700,000

L

(September),

Aluminum

Industries,

Specialty Cok serial first mortgage bonds due Oct.

1962,

inclusive,

American

American

000.000

construction.

Chemical

due

notes

■

Barge

$1,350,000

&

(Apvfl).

due

,

to

1,

of

(September).

Co.

Alpena Power Co.

program.

Aluminum

$20,000
notes

Aluminum

Purpose,

due

(par $1),

promissory

1,

27-year

Co.

4(4%

promissory

Co.

Allegheny Ludlum Steel Corp.
$5,000,000 (January).

(par

bonds

stock

common

Corp,

Gas Transmission

$46,500,000

mortgage

have

we

summary

several years.

of

Castings

a

(May).

con

due

1952, together with

(August).

Iron

Algonquin

of

from

year

the figures for the past

construction,

expansion program.
&

debentures

bonds due 1976.
Dow

in number of

period since we started compiling these figures sepa¬
rately in 1937.
The figures for the year 1952 placed

due

Ltd. 33/4%

Long Island Lighting Co. 334% first mortgage bonds, series
E, due Oct. 1,
1982.
Purpose, to repay bank loans and

14,500,000 Kaiser

largest

involved in placement of this nature for any

Ajax

for construction program.

'

.

1952 "

security issues placed privately shows
that 479 issues of this character, aggregating $3,146,875.288 were sold during the year 1952. This is the largest

Associated Tele¬

working capital.

for

serial

Purpose, for

Purpose,

due

Year

of

reported for the

due

note,

parent,

Purpose,

1982.

1,

Reduction

expansion

.

,

($2,600,000)
capital

Sales of

Our record

bonds,

Purpose,

20,000,000 International Minerals & Chemical Corp. 3.65%

400,000k.




..

exptirision

10,000,000 Commercial Credit Co. 3(4%

>

1982,

Pacific
and

20,009.000

Purpose, refunding

first

314%

due

inclusive.

Telephone

Power

tures

bonds,

improvements

11,000,000 Canada General Fund Inc. 1,100,000 shares of capital stock
(par $1).
Purpose, for investment.
_

June

refunding.

i

stock of subsidiaries.

Manufacturing

bentures due July

pro¬

due

In financing purchase of John A. Roebling's Sons Co.

NOVEMBER

*
-

3(4%

Co.

4%

Co,

Oct.

New

45,750,000 Reynolds

construction.

new

for

due

subordinated

Purpose, to acquire

notes

and does not include bank loans.

for new construction.

J,

repay

Bag

1972,

due

additions.

12,930,208 Southern

and

10,000,000 Colorado Fuel &

Allis-Chalmers

for new

convertible

geheral

Purpose,

mortgage

first mortgage bonds

construction program,

Southern

1968.

Co.

first

for expansion.

equipment

..

Power

1,

33i%

Corp.

Oct.

general corporate purposes.

for

Oct.

American

due

for

to> repay

,

Central

struction,

,

Adshelf, Inc.

to

struction.

first mortgage bonds, due July 1,

Purpose, to repay bank loans and for new construc¬

15,000,000 General

1,

for

capital stock
-

20,000,000 Georgia Power Co. 3^»%

capital

promissory notes due Nov.
lor acquisition of Peerless Woolen Mills.

Dec.

$20).

(par

Allegheny-Ludlum

to repay bank
working capital

'

series

Electric

Bros.

Ort,

and

1.

1977.

1,

to repay bank loans,

Co.

Power

&

bonds,

series- H,

July

Light

Purpose,

10,000,000 Associated Telephone Co.,

Purpose, for plant improvement and working capital.

20,000.000 Gair

Oct.

due

4%

Corp.

Co., 314%

Purpose,

Electric

Purpose,

Bcmis
and

$10).

new

promissory notes due

Purpose,

Power

phone & Telegraph Co.,

1977.

22,120,832 Deere

1967.

&

1982,

1,

12,000,000 Automatic
1972.

ines.

25,000,000 Singer

of

due

lor

construction.

new

*

3%% promissory notes due June 1,
expansion and general corporate pur¬

1982.

Power

Oct.

mortgage

Oil Co.

Service

and

for expansion and working capital.

Water

1,

20,000,000 Virginia

($15,000,000).

30,000,000 Cities

shares

in 1951.

debentures

loans

debentures

3 '/a %

Transmission

Eastern

due Oct.

3J/4%

Co.

Corp.

pipeline bonds due

;20,000,000 Carolina
Edison

Commonwealth

fund

bank

repay

bank loan and for expansion.

Shoe

Purpose,

30,000,000 Washington

construction.

40,000,000

sinking

to

3%%-

Inc.

to repay

1982.

30,000*000 Texas

Y

sinking fund debentures due
to repay bank loans and lor new

25-year

Purpose,

3 V4%

those securities issues

,30,000,000 International

r.

capital.
68,139,000 Pacific

Purpose,

1972.

35,000,000 Anheuser-Busch,

Purpose,

43»%

Corp.

Gas

1,

construction.

-

.

convertible subordinate debentures
for expansion and working

3%

Co.

1982.

1,

1964.

associated companies.

subsidiary and

100,000,000 Dow

Oct.

12-year 3(4% con-,.
Purpose, for advances

Telegraph Co.

&

Light &

and

Corp.

10,450,000 Hartford Electric

through

Oil

JULY

Telephone

25-year

construction

promissory

debentures

Steel Corp.

York

Private
314%

repay

3%%

Co.

and

000,000).

repay

*

.

:

Y

60,000,000 United

■

Gas

Purpose,
loans

stock,(par $15).

$498,656,300 American

Ry.

clue

10,664,592 Union

Purpose,

100,000,000 International Harvester Co. 30-year 3'4% promissory notes
due Oct. 1; 1982.
Purpose, for expansion program and to

170,000 shares of common
lor investment in securities of

Co.

operating subsidiaries.

■*'

184,789

finance

.

working capital.

Star

1977.

1

bank

Electric

Gas &
(par $10).

Co.

to

lative preferred stock, series B

purposes

pipeline

equipment trust certificates
dated Jan. 1, 1953 and due annually 1954-1968, inclusive
Purpose, for new equipment.

in

'

10,758,464 Virginia Electric ■&. Power Cu. 494,642 shares of
; >>;V stock
(par $10).. Purpose, for new construction.

-

of
loans

bank

repay

construction.

10)242,500 American

Electric

loans

Mills

Corp.)

bonds,

stock

1977.

mortgage

construction.

lor working capital,

Purpose,

Colorado
Sons

..OCTOBER

Oct, 1,
.

-

bank

1972.

1977.

corporate

first

Purpose, to repay advances
Telegraph Co.

3Vb%

Corp.

Purpose,

repay

due
,y

,

com¬

loans.

repay bank

Co.

Purpose,

to

"

States

Northern

11,644,143

14,000,000

repay

common

Coke

&

mortgage bonds dated

Sept.

investments

15,

Aug.

other

for

and

■„

,

7.""yV'

$139;647,200 Standard
12,000,000

of

May

3%%

Co.

first mortgage bonds
repay bank loans and j for

3.(4%

($5,333,400)

($4,666,600).
12,000,000 Kansas

shares

350,000

due

T

Purpose,

197.7.

",

to make additional
equities of subsidiaries.

1958.

11,625,000 New

and

due

notes

construction.

Telegraph,

due

($10,160,000).

notes

Purpose,

stock

common

.

construction.

($1,840,000)
capital

subordinated

Purpose, refunding ($6,240,000)
and to
bank loans and for working capital ($5,760,000).

?

.

bentures

4.75%

Co.

1964.

(par
Southern

Finance

for

11,550,000 General Telephone Corp,

penditures.
15,000,000

and

cuin.

construc¬

etc.

new

new

&

33i%

sfnkirig fund debentures due

refunding
working

Purpose,

loans

Light

Gas

purchase of- assets

.

for
12,000,000 Seaboard

15,000,000 Columbia-Southern

j."

1972.

bank

repay

1,

■

1,

Aug.
•v

&

Telephone

(par $100).

Southern

loans.

promissory notes due Sept. 1, 1972.
($7,500,000) and for working capital
\
:

refunding

12,000,000 Glenmore Distilleries Co. 4%
D,

loans

bank

Telephone

American

1982. \ Purpose,
struction.

bonds

Steel Corp. 334% promissory notes
Purpose, for expansion and forking capital,/

com¬

series

construction.

new

to repay

for

for

15,000,000 Florida Power Corp. 3%%

for new construction.

12,000,000 Allegheny-Ludlum

construction,

new

mortgage

to

Purpose,

shares

700,000

for

Purpose,

pari.

Edison

15,000,000 Boston

England

Burlington

3(4%. first mortgage bonds due Sept.

($5,000,000).

1977.

17,850,000 Public

Purpose,

promissory
capital,

3%%

Co.

Purpose,

Financial

to

15,000,000

12,500,000 Eagle-Picher Co. 334%

repay

3%%

promissory notes due Jan.
for expansion and working capital.

Purpose,

1,

3%%

Purpose,

Gas

1968.

16,484,300' Consolidated Gas
3 >/4 %
convertible

1,

.

]

$1.40

new

•

15,

,

1,

and

of

for

I'illsbury Mills, Inc. 31/8%>
sinking fund debentures clue
Dec. 1, 1972.
Purpose, refunding ($13,348,000) and fur
expansion and working capital ($3,652,000).

*

first mortgage bonds

bank

June

Illuminating Co. 552,832-shares of

Natural

C.I.T.

17,000,000

working capital.

repay

capital.

bonds due

shares

Purpose,

working

for

(no par).

due

Peoples

*

Light

&

to

;

-

1982.

1,

14,000,000 Duqucsne

Purpose,
,

Sept.

due

notes

and working

414%

1,155,730

$25).

America

of

gram.

pipeline

due

du©

construction.

Co.

(par

Purpose,

Paso

from

Pur-

promissory notes due Sept.
- ,

refunding.

due

•

j

mortgage

debentures

and

to

and

debentures

promissory

4%

debentures due Dec. 15, 1977.

Purpose, for new construction.

17.000,000 Appalachian Electric Power Co. 3(4%

debi
loans

construction.

20,000,000 Safeway

Corp.

New

first

Purpose,

3%%

.

deben¬

($5,018,200)

expansion

finance plant expansion, and to,

20,000,000

17,000,000

for expansion

1977," Purpose,

subsidiaries.

(par

(B.

Co.

Gas

Co.

Purpose,

20,000,000 Goodrich

20,000,000 Public Service Co. of Indiana, Inc. 800,000 shares of 4.32%
cumulative

Natural

bonds due 1968.

repay

bank

repay

stock

stock

mon

for expansion program.

24,952,800 Scott

expansion.
Electric

&

June

$100).

(par

1972.

subordinated

30-year

mortgage

for new

Edison

Cleveland Electric

20,000,000

30-year 37/e%

314%

Corp.

first

Co.

Purpose,

1977.

stock

Co.

&

bank

20,585,000 Connecticut Light & Power Co. first & refunding mortgage
314%
bonds, series M, due Dec. 1,
1982.
Purpose, to

Co. 3,(4%
promissory note due 1972.
Purpose, refunding ($25,405,000) and for working capital ($4,595,000).

y

i

21,000,000 Texas Eastern Transmission Corp. 210,000 shares of 4.75%

-

23,909,984
in-

1958-1972,

15,

37/s%

Co.

capital

refunding

Purpose, for

Mining

pfd.

bonds

Transmission

514%

Refining

1972.

Radio

1,

30,000,000 Budd

,

for

V;

shares of capital
investment in sub¬

increase

to

Gas

(W. R.)

1977,

bank

30,000,000

(par

'

bonds

and

'

Co.

Gas

Purpose,

bank

repay

; ■

sidiaries.

.

series

Service
1,

conv.

~

35,000,000 Grace
pose,

3(4'■%

Purpose,

construction.

new

Aug.

cumula¬

repay

tion.

h

bank

"

-

Commonwealth

($2,500,000).

pipeline-bonds due Aug.-1,

mortgage

to repay

construction.

new

States

33/a%

Purpose,

Reserve

|

1,

May

)

Inc.

Cities

and

program.

due

to

Purpose, for expansion and working capita).

working

capital.

bonds, series J, due July 1, 1982.
loans

loans

Inc. 4(4% promissory note due
refunding ($7,500,000) and for

Stores,

Purpose,

working capital

'

25,000,000 Public
x

bank

1981.

1, 1980.'

pipe¬

SEPTEMBER

T.

1957.

note

Purpose,

($4,981,800).

Electric Corp.

36,084,802

deben¬

mortgage

preferred

first

expansion

15,

Dec.

190,000 shares of 5.50%

Corp.

stock,

3.95%

Corp.

10,000,000 Grayson-Robinson

due

for

and

first
retire

to

$100).

Purpose,

loans

40,000,000

Purpose, refunding- ($8,964,000) and for expansion
working capital ($3,536,000),

bonds

construction.

20-year

bank

debenture

preferred

capital.
25,000,000 C.

Purpose,

100,000 shares of 4.40%

(par

Corp.

1973.

bank

40,000,000

($18,-

elusive.

1

■

and

3.%%

new

retire

to

!

$1,250,000

due

expansion program.

12,500,000 Carrier

Electric

1981.

15,

1971.

due

working capital.

$75,000,000 Westinghouse

refunding.

4%

due

notes

DECEMBER

($16,-

25-year sinking fund

Corp.

due

Corp,

stock

for

Finance

reduce

($5,500,000).

Purpose,

19,000,000 Texas Eastern Transmission
cumulative

$50,000,000

1977.

1,

bonds

promissory

Purpose, for expansion program and working

Purpose,

refunding

Purpose,

3%%

RR.

Transmission

Gas

bonds

for

repay

loans.

Line

note

25-year

inclusive.

1957-1977

Seaboard

construction.

new

3%%

Co.

500,000) and for capital expansion

.

10,000,000 Long

Gypsum

mortgage

construction.

33/4%

Co,

'

100,000).

25,000,000 National

'

and

Pacific

Dec.
;

first

new

mortgage sink-

for expansion program

and

10,000,000

30-year

Purpose,

3%%

Co.

series G,

bonds,

mortgage

1982.

1,

Tube

refunding ($27,000,000)
?

1977.

preferred

loans

consolidated

RR.

E,

Sheet

for

capital.
10,000,000 Household Finance

Central

bonds,

3V»%

Co.

Purpose,

Electrochemical

May 1,

for new

Purpose,

Utilities

1982.

10,000,000 Hooker

tive

'

.

1,

of 4.40%

shares

100,000

States

Dec.

construction.

new

.

Gulf

mortgage bonds

first

promissory note due Jan, 1,
($6,500,000) and for working

Purpose, refunding
($5,500,000).

capital

AUGUST

mortgage bonds,
bank loans and for
...

com-

and

construction.

due

for

first

repay

\

at

10,000,000

314%

Co.

Purpose,

Power

43,100.000 Youngstown
Iowa

12,000,000 Minncapolls-Moline Co. 3 '4 %

common

bank

repay

advances

pansion.

10,000,000

Electric

&

construction.

promissory
bank

repay

24,613

to

programs

repay

new

shares of
shares sold
loans

507,336

Corp.

including

Purpose,

1982.

10,000,000 Pennsylvania

Co.

ino

due

;

not

investments in subsidiaries.

crease

common

Utilities

$5),

bidding.

10,000.000 Cincinnati

shares

Purpose, to further construction

&

Public

(par

petitive

construction.

920,573

from Texas Utilities Co., parent,

;

stock

operating subsidiaries. "

10,250,000 Dallas Power

t

first

7

(1791)

10,654,056 General
>

Co.

Purpose, for

Electric

(par $1).

Co.

Purpose,
Power

1982.

England

stock

j

Gas

1977.

12,500,000 Wisconsin Electric

11,704,574 New

The Commercial and Financial
Chronicle

...

common

American

Inc.

long

$600,000
Line

term

notes,

$1,500,000

5(4%

Co.

promissory

notes

due

Co.

-

■

1,

1£6 >

Dec.

1,

116 7.

*

(December).

Can

(April).

(October).

30-year

3(4 %

deebntures

due

April

1,

1982,

(April).

Cyanamid Co.
(February).

33/4%

promissory

notes

$18,040,000

(Continued on page 8)

due

Jan.

1,

1' >'/,

8

•

The Commercial and Financial Chronicle...

(1782)

Canada Dry

;

•

(Continued from page 7)

Canadian
American

American

ferred

Cyanamid

due

Jan.

1,

due

Jan.

1,

American

1987,

Co.

3%%

Co.

Metal

Co.,

3Vk%

Ltd.

Co.

(December).

Jan.
CV

due

fund

sinking

20-year

March 1,

notes due

promissory

47/«%

Corp. five-year note due

Dec.

30,000

Corp.

Feb.

warrants

Electrical

promissory

due

notes

15,

Jan.

1953

4V*%

Manufacturing

promissory

Co.

&

Corp.

Co.

1,

Associates

and

Gas

Light

Co.

Electric
(March).

June

July

Line

30,

Coast

first

1968

due

AV«%

$13,478,000
4%

general
June

due

bonds

Ltd,

$750,335

due

April

debentures,

senior

1,

series

dated

A,

1977,

shares

of

stock

common

Inc.

$100),
Gas

Mills,

cents),

50

(par

first

(January).

shares

ferred

bonds

1977,

due

$300,000

inclusive,

4%

of

cumulative

$5

note

$30,000,000

due

Sept.

1952-1957,

1,

promissory

due

note

Dec.

due

,

r

serial

$10,500,000

Black

&

due

in¬

Sept.

note due Sept. 1,

1,

due

$2,500,000

1961,

June

1,

1967,

April

1,

1958

Hills

due

1,

1982,

Black,

&

Light Co.

$1,000,000

Sivalls

&

stock

attached,

Bohack

(H.

C.)

$2,000,000

Co.,

Eritish

of

first

bonds

1,

series

1967,

May

1,

Electric

1,

Columbia

four

Oct.

1,

Eritish

1951

1976,

Hydraulic

due

1987,

4.75%

Ltd.

334%

notes

note

Dec.

Ltd.

1,

first
1976,

1976,

334%

Inc. 5(4%

due

Co.

334%
1953

Co.

first

due

200,000

March

serial

notes

mortgage

bonds,

notes

extending

3(4%

of

Aug.

of $5

3.90%

over

bonds,

Utilities

Corp.

of

all

fund

sinking

bonds

fund

notes

due

due

notes
June

promissory notes due 1964,
debenture

notes,

15,

promissory

Co.

4(4%

-Telephone

Co.

Co.

note

due

sinking
1977,

notes

promissory
debentures

37/«%

(June).




4(4%

placements
.

CORPORATE

$300,000

;

due

series

1967,

1.

of

fund

debentures

1,

sinking

fund

fund

(November).
note

due

May

1,

1967,

note

promissory

due

May

1,

notes

1967,

1954

to

1965,

due

Dec.

debentures

fund

1,

1,

Oct. 1, 1967
(October).

of

(convertible

stock), $2,000,000 (January).
15-year

notes

due

May

1,

1967,

4%

15-year

notes

due

May

1,

1967,

3%-3%%

general

obligation

duo

notes

(June).

5(6 %

mortgage

first

sinking

fund

bond*

(March).

$660,000

California
3(6%

(with,

4%

(Kansas)

Inc.

to July I,

1955

due

warrants), $4,800,000

common

1962,

Co.

Chemical Co.

Dragon
due

Cement

June

1,

Bros.

five-year

unsecured

4(6%

Inc.

Co.,

1967, $2,500,000
Stores,

$2,000,000

5%

notes,

(August).

$500,000

notes due July

1977, $30,000,000

1,

Inc.

first

sinking

mortgage

fund

bonbs

(July).

promissory

33A%

notes

due

15,

Jan.

1967,

(June).

Products

4%

Co.

promissory

note

Sept.

dire

$1,000,000

1971,

1,

(June).
Paso
Feb.

Natural

1,

Paso

1967,

Gas

Co.

3%%

$5,000,000

Natural

Gas

1968, $30,000,000

$20,000,000

first

mortgage

pipe

line

bonds

du«

mortgage

pipe

line

bonds

due

(February).

Co

3%%

first

(September).

El Paso Natural Gas Co. 3%%

first mortgage pipe line bonds due 1968,

(December).

promissory notes due Sept. 1, 1972,

$12,500,000

(September).
Electro

Refractories

due

Abrasives

&

Corp. 4%

4%%

&

promissory note#

1953-1964, $700,000 (July).

Electrical

Products

Sept. 1,

Corp.

Gas

first

notes
(March).

due

promissory

bonds,

mortgage

20-year

4(6%

Co.

4(6%

inclusive, $1,000,000

1967,

1,

3%%

Co.

Southern

$2,000,000

California

of

1957 to March

Telephone
vember).
a

$1,400,000

debenture

(No¬

due

197%

1,

1977,

bonds

(January).

Gas

Co.

3(6%

first

mortgage

bonds

due

May

$5,000,000 (May).
(The)

15-year 4(6%
first mortgage
1. 1967, $3,000,000 (August).

July

River Gas

of

Works Co. 4(6%

and

leasehold

bonds

first mortgage bonds due Dec. 1,

due

(Sept).
July

on

due

Nov.

1

issues

notes

due

1967

$1

-

due

1972,

$2,000 000

first

mortgage

bonds

sinking fund debentures

»

total volume

1946—Number

of

of

voiume

„

due

527

55.8
.

•

41.0

177

390

$975,296,545 $2,209,625,914
45.8

240

221

194

27.3
80

:

39.5

44.5

461

243

42.7-

39.2
165

245

35.5

25.2

117

182

$561,560,000

$722,001,687 $1,283,561,687
17.6

60

80

14C

$370,842,625
of

21.4

$499,148,114

$869,990,739

36.4

23.1

27.4

shares

volume

Issues

20.8:

30

5f

$91,920,000

Volume-

25

$180,977,500

$272,897,500

22.2

27.4

Percent of total volume
of

Issues

25.2

38

55

93

$223,269,700

Volume

$210,664,850

$433,934,550

31.2

64.4

41.6

128

87

215

Percent of total volume
of

issues...

$538,562,300

$418,775,000

$957,337,300

38.0

34.8

36.6

of

Issues

65

92

157

$326,959,904

$507,580,385

$834,540,289

29.6

30.6

issues

197%

71

137

$418,577,500

30.7

35.3

33.2

51

76

$229,828,780

$450,683,000

$680,511,780

33.8

30.8

31.8

64

53

volume

Percent of total volume

promissory

subordinated

5%

one

due

1,

1964,
and

1958

$500 debenture and

five

stock, $182,000 (December).

Finance Co.
1952

due Feb.

notes

debentures

of America

and

due

each

at

Baltimore

March

3(6%

serial notes,

1957

from

1

dated June 2*

1961,

through

$2,000,00®

(June).
Fischer

Porter

&

1953-1962,

43A%

Co.

serial

inclusive, $500,000

Florida Telephone Corp. 5%

notes

dated

July

1,

and due

1952

(July).

debenture bonds due Feb.

1, 1972, $600,000)

(May).
Florida
stock

Telephone

Corp.

(par $10),

shares

50,000

$500,000

of

5(6%

cumulative

preferred

(January)..

Foremost

Dairies, Inc. 4% promissory note due March 1, 1953 to 1957,
inclusive, $5,000,000 (February), '

Foster Wheeler Corp. 4

'/*%• unsecured note due Aug. 1, 1967, $5,000,00®

(August).
Stores

3%%

Corp.

$2,833,333 (December).
Fruehauf

Trailer Co.

$800,000

promissory

,

due

notes

•

3%%

Dec.

1,

1964,

-

sinking fund debentures due Aug. 1,

196%

(February).

Fruit Growers Express
dated March 15,

Co. 3%%

equipment trust certificates, series (%
15, 1967, inclusive,

1952 and due annually to March

$6,495,000 (March).,
Gair

(Robert)

000,000

Gaylord
1972,

Inc.

Co.,

Corp.

Container
$3,000,000

General

4%

promissory

notes

due

July

1,

1982,

$20»«>

(July).

promissory

3%%

due

notes

June

1,

1955-

1,

1961,

(August).
subordinated

Corp. 4.20%

Acceptance

note

due

Aug.

$2,875,000 (May).
General
cates

American
due

Transportation

serially

to

Feb.

Corp.

American

Transportation Corp.

cates,

series 50,

dated July

General

1,

33A%

(February).

equipment

due quarterly

1952

trust certifi¬

to

trust certifi¬

and

including

19-72, $15,000,000 (July).
Aniline

&

Film

1972, $10,000,000
General

equipment

1962, $1,109,100

1,

General

July 1,

3(6%

Bronze

Corp.
(March).

3(6%

promissory

notes

due

March

1,

Corp. 15,000 shares of common stock (par $5), $266,25®

(September).
Finance

$3,000,000

Corp.

4(6%

subordinated

notes

due

Aug.

1,

196%

(June).

General

Guaranty Insurance Co.
$10), $100,000 (May).

5,000

shares of

common

stock

(pa*

117

issues

Percent of total

Inc.

$728,557,500

Percent of total volume

Volume'

$8,000,000

notes,

promissory

1,820 shares of class B stock in units of

General

66

$309,980,000
of

15-year

30.9

Percent of total volume
of

4.1%

(January).

Television,

shares of

Franklin

14.0

Corp.

Metallurgical Corp. 4(6%

for

437

34.0

65

•

Issues

Volume

1939—Number

40.4

299

$450,826,055 $1,221,719,324 $1,677,545,379

1944—Number of

1940—Number

43.1

41.1

Issues

Percent of tetal

1943—Number

$1,425,070,204 $2,775,529,128

$758,691,200 $1,388,893,599 $2,147,584,799

Volume
due

494

$1,396,705,750 $1,400,982,395 $2,797,688,145

Volume

'

479
36.6

35.6

Percent of total volume

1972

'

Total Tear

231

213

Volume

'

249

29.8

•

Percent of total volume

1941—Number

(no par)

Last 6 Mos.

41.9

__„$1,234,329,369
of

Finance

(March).

Films

228

issues

Volume

Family
Fansteel

„—$1,004,814,054 $1,405,995,457 $2,410,809,511

—

1942—Number

$10,000,000

is

37.9

issues

Percent of total

April 1, 1967,

1937

263

Percent of total volume

Feb.

since

,

31.3

Issues

Volume

*

,

FINANCING

230

1947—Number of issues

M.

bonds,

convertible preferred stock

4(4%

sinking

Industries,

$2,500,000

1837—Number of Issues

$3,000,000

sinking

unsecured

subordinated

private

Volume

&

&

(December).

1972,

sinking

mortgage

promissory

promissory

purchase

Wichita

March

Empire

___$1,350,458,924

1938—Number

Water

pre¬

$1,323,493,437 $1,823,381,851 $3,146,875,288

Percent of

J

period

a

series

„

15-year

of

Equitable

issues

of

1945—Number

instalment

due

4%

Eagle-Picher Co. 33A%

cumulative

2002,

(May).

Fair

Discount

summary

1948—Number

series

(January).

Water

5(4%

(December).

Volume

Telephone
1979, $1,000,000 (April).

1977,

;

(March).

v

Co.

of

15-year

subordinated

Volume

mortgage

4(4%

due

Elyr

314%

Corp.

3(4%

Percent of total volume

series

'

(December).

Cement

1955-1967, inclusive, $2,500,-

(November).

Chemical

Co.

Co.

Douglas Oil

El

shares

4%

1953-1962, inclusive, $150,000

due

inclusive, $800,-

1,

due

notes

(April).

first

1966, $8,500,000

3.95%

Corp.

&

(December).

1953-1962,

1S56-1967,

1,

March

mortgage

first

$9,000,000

3(6%

3.95%

Corp.

Co.

stock

Doughboy

Fall

1949—Number

to

promissory note due 1972, $30,000,000 (September).

Corp.

$3,000,000

mortgage

Percent of total volume

1968,

1953

bonds,

$5,000,000

(May).

California

$550,000

first

Volume

mortgage

first

12,

promissory note, repayable $700,000 annually
1962, Inclusive, $7,000,000 (January).

California-Pacific

California

1,

to

Mills

1931,

$10,000,000

Percent of total volume

1968,

(April).

$15,000,000

bonds

fund

3(6%

1966,

1,

Co.

first mortgage bonds

(October).

Volume

June

Co., Ltd. 334% first mortgage
$5,000,000 (September).

3(4%

3(4%

$2,500,000

Calaveras

1,

(October).

Burdines, Inc. 25,000 shares
Burlington

Aug.

(February).

from

1,

Shearing & Stamping Co. 4(4%

1951—Number

warrants

(August).

15-year

sinking

30-year

due

promissory

3Y«%

America

Dewey & Almy Chemical
$2,500,000 (June).

1,

1967, $15,000,000 (June).

1952—Number

F,

cumulative

(June).

Pipe Line Co. 3(4%
consolidated
due Sept. 1,
1971, $15,200,000 (February).

Budd

A

promissory notes due Nov. 1, 1967,

Euckeye

1,

$50),

4(4%

note

series

purchase

Electric

l,

Brothers

Co.

3(4%

1st 6 Mos.

unsecured

4(4%

Co.,

$919,000

Columbia

Eucyrus-Erie

mortgage

given in the following table:

1952-1964,

bonds,

Br$" 500^000igM°W) 4,/'4C//<' s*nklng *und debentures due

Eudd

Co.

200,000

(par

Volume

$5,000,000

Co.

March

(June).

1972,

1,

promissory

mortgage

promissory

and due

$700,000

years,

$2,250,000

B

Volume

4%%

Co.,

Electric

1,

due Dec.

Brooks

Corp.

Co.

Credit

1950—Number

Inc.

due

Inc.

Co.

El

PRIVATE

15-year

Corp. 4(4% promissory notes due
inclusive, $1,000,000 (March).

due Dec.

first

Percent of total volume

Columbia

Bridgeport

G,

37/a%

Inc. 4.25%

Erown-Allen Chemicals,
....

June

(December).

G, dated Dec.

G,

5»/a%

Fisheries

1967,

1,

(August).

$7,000,000
Booth

Oct.

(December).

Bohn Aluminum & Brass
Corp.

British

to

(January).

Sivalls & Bryson,

$1,000,000

notes

Dec.

due

notes

debentures

Income

Almy Chemical
$1,000,000 (November).

(November).

Electric

Iron

Malting

$2,000,000

(March).

$2,500,000

Elack,

due

Bryson,
Inc.
25,000 shares of
(par $100), with common stock

preferred

4(4%

15, 1953, $10,000,000

$1,500,000

.

mortgage

Manufacturing Co. 3%%
1967, $2,000,000 (April).

Power

promissory

annuallj

$2,400,000 (December).

debentures

Decker

April

3(4%

...

due

notes

20-year

Corp. first
$1,800,000 (June).

Black

Co.

promissory

America

of

of

after two years into

Ekco

&,

Oil

Edison

(October).

3% %

Bingham-Herbrand
inclusive

to

Corp. (name changed to John A. Roebling's Sons Corp.)
first mortgage 15-year sinking fund 4(4% bonds due Dec.
31, 1967,
$14,000,000 (December).

stock

preferred

&

Columbia-Southern

mortgage

3%%

Corp.
(June).

1958

Bronze

Inc.

stock,

Commercial

promissory

Loan

due

1, 1952 and due Nov.

Commonwealth
1972,

promissory notes

1972,

1,

(May).

Rubber

Dewey

(March).

Gas

Fuel

Columbia

..

Eeneficial

25-year 3(4 %

due

notes

Dewey & Almy Chemical Co. 3(6% 5-year convertible notes

(November).

Colorado Steel

(April).

4 V2 %

Co.

Bag

Co.

Co.

Co.

Chemical

common

(April).

(November),

Colorado

.

4%

mortgage

Derby

to

1968, $2,406,000

Commercial

Bro.

1958

Cold Metal Products Co. secured notes due

(June).
Bemis

due

$1),

(October).

Co.

notes

serial promissory notes due
(November).

000

(December).

promissory

(par

preferred

$200,000

25-year 3(4%

stock

40,000

Corp.

Gossett

1970,

1

common

cumulative

trust

1967,

1,

inclusive, $2,000,000 (February).

Dow

Co.

Iron

Foods,

collateral

&

20-year promissory notes due Nov. 30,

of

Instruments, Inc. 20-year 4'A%

$2,500,000

&

mortgage bonds due

shares

5%%

1972,

promissory

Deep Rock Oil Corp. 4% promissory notes due Jan.
1961, inclusive, $1,500,000 (June).

debentures due Oct. 1, 1977, $1,350,-

Cochrane Corp.

(January).
Bell

4(6%

$1),

of

1,

Dec.

Nov.

(December).
3%%

Co.,
(February).

Steel

Diocese

(par

$1,000,000

Inc.

Aircraft

mortgage

first

stock

Mills, Inc. 4% promissory
clusive, $3,000,000 (February).

Bell

30-year

common

shares

1958,

1982, $30,-

1,

promissory notes due

of

Beaunit

1972,

4%

shares

10,000

Co.

Iron

Graphite

Coast Counties

000

par), $3,800,000

Beckman

37/a%

first

1971, $5,000,000
Clinton

(December).

(no

Corp.

35,000

Inc.

15,

June

promissory notes due Jan.

30,000

Inc.

due

notes

1982, $1,000,000 (October).

1,

$5,000,000

Cleve'and

inclusive,

(January).

Croek

Eeaunit

5%

dated Dec.

Refractories,
(par

Co.

Oct,

1977, $5,000,000

(January).

$315,000

Battle

Utilities

due

April 30,

500,000

Refractories,

stock

Refining

Cleveland-Cliffs

A,

$500,000 (Nov.).

promissory note due Aug. 15, 1962,

Refractories,

Basic

promissory

City Stores Co. 3(4% and 3%%
1971, $5,000,000 (June).

(April).

$1,000,000

1962,

1,

due

note

promissory notes due March

$5,000,000 (November).

(December).

City Gas Co.

1, 1972, $12,000,-

(May).

$300,000

3%%

Co.

(July).

4%%

Jan.

bonds due

mortgage

4%%

Seal

'

Citizens Utilities Co. 25-year
000 (October).

(September).

Oil

first

promissory note due May 1, 1957, $25,000,-

3'/«%

Corp.

Oil

Service

Citizens

due

C,

Banking

Sole Co. 5%

Basic

1982,

series

bonds,

promissory note due Sept.

Corp.

1952 and

$1,500,000

3(4%

Co.

&

Chemical

Dayton

(July).

(December).

Service

Cities

•

series B,
(April).

bonds,

Baker-Raulang Co. promissory notes due Sept. 1, 1954-1967,

Basic

Financial

Cities

preferred

Corp. 5%
(subordinated)
debentures,
series
April 1, 1952 and due April 1, 1962, $1,000,000 (April).

Banff

Electric

&

Co.

Works

Steel

$9,300,000

bonds du*

first mortgage

30-year 3(4%

promissory

15-year

bonds, series B, due July 1,

$70,000,000

A,

(June).

C.I.T.

($22,500,000 of

$22,000,000

1972,

Co.

<

Banking

Automobile
dated

Gas

$40,000,000

mortgage

series

bonds,

000.000 (July).

mortgage

30,

general

3(4%

3%%

bonds, series B, due July

(June).

mortgage

Electric

&

Cleveland-Cliffs

Automobile

Avon

series G, due

cumulative

2V\c!o

mortgage

4'/t%

and

RR.

Electric Co.

1,

due

notes

first

$10,000,000

$17,000,000

shares of 4.60%
(December).

(October).

April

Cork

Davidson

Corp.

C. I. T. Financial Corp. 3%

bonds

1952

Line

1972,

1,

Co.

RR.

series B.

sinking fund debentures,

3%%

fund

-

$4,000,000

$25,000,000

(March).

1972, $5,000,000

Gas

Cincinnati

Jan.

000

subordinated

30,000

City

Coast

Automatic

due

C,

(March).

$6,300,000
Co.

series

sinking fund bonds,

mortgage

1,

Co.

$10,000,000 (March).

sinking fund debentures due

Inc. 4(4%

1967,

Aug.

Corp.

Fibre

Corp.

Steel

Glass

Crown

Electric Co.,

$3,000,000

1,

sinking

due

notes

4(6% first mortgage
1, 1972, $2,500,000 (March).

(March).

inclusive,

Corning

1982, $10,000,000 (January).

$15,000,000 of 4%%), $37,500,000 (July).

$4,620,000

OCO

first

(par $100), $3,000,000

Atlantic

dated

1, 1977,

mortgage bonds due Oct.

first

3(4%

promissory

4(4%

Utilities

Steel

CopperweJd

(August).

Cincinnati

Corp.

3J/4% bonds,

July 1, 1954-1967, inclusive, $3,000,000 (October).

Davison

(Feb¬

1982,

Investment

4%%

Atlantic

Co.

Gas

$2,250,000

bond,

mortgage

(December).

$7,500,000

(June).

first mortgage bonds due

3.30%

Corp.

first

111.

Pipe Line Co. 3.35%

Continental

(November).

$3,000,000

notes

debentures,

2%

3%

1971,

Atlanta

Atlantic

Electric

&

Paper & Fibre Co.

$100,000

promissory notes due serially to 1964, $2,000,000

sinking fund
1, 1964, $25,000,000 (January).

stock

due Jan.

promissory notes

(June).

Chaney Manufacturing Co., Inc. 10,000 shares of common stock (par $1),

15-year notes, $250,000 (October).

Gas

$3,000,000
Continental

(October).

Chemstrand

.

Steel

July

3%%

Chicago,

(October).

bonds due March

Crucible

debentures due 1962 (with common stock pur¬

of

Co.

Cigar

$6,000,000

$12,500,000

15, 1958-1972, inclusive,

note due Aug.

Gas

1972,

due June

attached), $500,000 (December).

Apex Smelting Co. 4%
(May).

Armour

to

(March).

ruary).

Armco

Consolidated

Crucible

Co. '3%%

$2,500,000

Chemical Co.

Apex

Hotel

Connecticut Light & Power Co. first & refunding mortgage
series M, due Dec. 1, 1982, $20,585,000 (December).

$2,200,000 (December).

Louisiana

1,

Champion
Seating

inclusive,

Ampex Electric Corp. 6%
Ansul

1982,

Indiana

Central

first mortgage bonds, $760,000

10-year 4'/2%

•June).
American

chase

Hudson
1,

(July).

(October).

Consolidated

(October).

first mortgage bonds due Jan. %,

3%%

Service Co.

(January).

Continental-Diamond

$1,000,000

December).

000

Congress

Oct. 1,

Explorers, Ltd. 50,000 shares of capital stock, $550,000

Central

1967,

due

debentures

3%%

30-year

sinking fund debentures due

1, 1964-1972,

Central

Chemical

Seal-Kap Corp.

$5,350,000

& Telegraph
Co.
$7,000,000 (August).

Inclusive, $28,000,000

1967,

1957, $4,800,000

Chemical

Potash

1982, $975,000

Congoleum-Nairn, Inc. 3%% promissory notes due July 1, 1972, $5,000,-

1, 1964-1972,

Central

Potash &

American

50,000

Caterpillar Tractor Co. 3%% promissory notes due Jan.
inclusive, $7,000,000 (March).

1,

Oct.

shares of $4.75 cumulative
preferred stock, series b (convertible prior to Dec. 31, 1962), $3,000,000
•

par),

1982,

preferred

shares of $5 cumulative
(April).

Co.

(August).

1971,

1,

due

notes

(March).

&

Light

Carrier Corp. 3.95%

(July).
American

&

Telephone

1,

bonds due July

mortgage 4(4%

Corp. first

(February).

Catcrp.Lar Tractor Co.

33/«%

Corp.

Power

1977, $2,500,000

cumulative pre¬

5%

notes

20-year

Power

Carpenter Paper Co. 25-year 3%%

(October).

Phenolic

$2,000,000

Aug.

prior pre¬

1969,

(no

Carolina

5V*%

shares of

25,000

(January).

$2,000,000

15,

Mountain

stock

1987

1,

Jan.

due

notes

promissory

Illinois

of

Co., Ltd. 4%% sinking fund debentures due
(payable In Canaaian curency), $20,000,000 (April).

Westinghouse

1961, $250,000

Carolina

(par $100), $2,500,000

Optical

American

1,

(November).

$7,500,000

American

March

1987,

notes

Machine & Foundry Co. 14,500 shares of
stock (par SlOOi, $1,450,000 (December).

American

1972,

notes

promissory

Carolina

Investment

stock

American

promissory

33/4%

(October).

$25,820,000
American

33/i%

Co.

(June).

Cyanamid

$6,670,000

ferred

Co.

Cyanamid

$18,000,000
American

Community Public

(May).

Ginger Ale, Inc. promissory notes, $2,500,000

Monday, April 27, 1953

127

$305,991,000

$150,311,094

$456,302,094

17.1

23.3

18.7

>

General Mills, Inc. 3(6%

20-year promissory notes due 1972, $5,000,00®

(August).
General Telephone Co. of

$3,750,000 (June).

Illinois 3%% first mortgage bonds due 198%

Number 5215... The Commercial and Financial Chronicle

Volume 177

debentures due Oot. 1, 1972,

Telephone Co. of Illinois 434%
iNovember).

General

$3,000,000

of Indiana 3%% first mortgage bonds, $2,000,000

General Telephone Co.

(December).

Kentucky Telephone
$1,800,000 (April).

Kentucky

(September).

$2,000,000

Telephone

Ketchikan

first mortgage 3%%

of Wisconsin

Co.

Oil

bonds due

3.80%

first

April

due

note

1957-1972,

1,

promissory notes due Jan. 15, 1972,

3%%

$10,000,000 (April).

Co.

15,000

shares

$1,500,000

of 4%%

Industries, Inc.

15-year 5%

Pulp Co. first mortgage
(November).

Locks,
Inc.
$500,000 (May).
Crosse

first

mortgage

5%

mortgage

notes,

1958, $200,-

six-year promissory notes, due July 1,

Lake Shore

(October).

4%

Co.

promissory note due 1967, $5,000,000 (June).
promissory notes due Sept. 1, 1977, $20,-

Gladding, McBean & Co.
Goodrich

(W.

R.)

Co.

&

due

notes

37/a%

$35,000,000

1982,

(September).
City Steel

Granite

Granite

first mortgage bonds due Nov. 1, 1967,

434 %

Co.

414%

Guardian

Loan

debentures

to

Gall

due

(June),

Handmacher-Vogel, Inc. first mortgage
July 1, 1962, $1,250,000 (August).

Electric

Electric

Hawaiian

Sept.

due

1,

1982,

Seller (Walter E.) & Co. 5% promissory notes due
warrants to purchase 30,000 shares of common

Welding &
$150,000 (May).

(Walter

Heller
■Oct.

E.)

Co.

&

$500,000

1967,

1,

1.

1967,

Hewitt-Robins,
."Hewitt-Robins,

000

promissory

Hooker Electrochemical

3%%

Co.

Light & Power
$500,000 (August),

due

1960,

16,

Dec.

«u

(with

1972

bonds

1982,

due

3%%

promissory notes due May l, 1977,

Co.

3%%

promissory notes due May 1, 1977,

serial debentures due $5,000,000 each

3H%

stock

common

(par $1),

$1,050,000

11,000

Co.

shares

434%

of

preferred

stocic

Hudson

Pulp & Paper Corp. 3%%
Inclusive, $2,000/000 (September).

promissory notes

due

1955-1966,

4%% bonds, series D,

first mortgage bonds, series D,

Indianapolis Power & Light Co. 30,000 shares of
preferred stock (par $100), $3,000,000 (April).
Intermountain Associates, Inc. 5,000 shares of
$5,000 (July).

4.60%

cumulative

capital stock (par $1),

first mortgage stoking fund bonds,
D, due 1977, $2,000,000 (February).
Machines

Corp.

3%%

promissory

due

notes

$40,000,000 (February).

Harvester

Co.

notes due Oct.

promissory

30-year 3%%

Shoe Corp.
$30,000^000 (October).

promissory

334%

Interstate Department Stores, Inc. 434%

1967, $1,000,000

notes

due

Oct.

1,

1982,

promissory notes due Dec. 15,

(December).

Interstate Securities Co. 4.55%

subordinated notes due 1962, $3,000,000

4 July).
interstate Telephone Co.
due

1982,

Intertype Corp.

of Spokane, Wash. 4%

3%%

Iowa Electric Co. 4%

note

due

Dec.

Jackpot oil Co. 1,600,000
$80,000 (April).
Water

15,

1966,

$2,000,000

(January).

first mortgage bonds due 1982, $1,000,000 (June).

Iowa Electric Light & Power Co.
doe March l, 1982, $5,000,000

Jamaica

first mortgage bonds

(April).

$900,000

shares

Supply Co. 3%%

first mortgage 3%%
(March).

of common stock

bonds, series F,

(par five cents),
\

first mortgage bonds, series D,

due

10-year convertible notes due 1962, $200,000 (September).

Jefferson Lake Sulphur Co.

1962,

4%% promissory notes due Oct.
$1,575,000 (October).

inclusive,

"Kaiser Aluminum

1976,

&

$14,500,000

Chemical Corp.
(November).

434%

1, 1956-

first mortgage bonds due

mortgage bonds due 1970,

$27,500,000

City Suburban Water Co. 3.500 shares of 534%
preferred stock (par $100), $350,000 (February).

cumulative

Corp.

434 %

first

(March).
Kansas

Kansas-Nebraska

Natural

fund bonds due June 1
.

Co., Inc. 334% first mortgage
1971. $3,000,000 (May).
Gss

Kansas Power <& Light Co; 334 % first mortgage
.

$4,750,000-(May).

&

'




promissory

of

5%%

Moore,

Co.

Inc.

3%%

1,

1982,

due

March

1,

1982,

j

notes

cumulative

preferred

McLean

(par

due

1972,

promissory

notes

1,

1982,

March

due

Co.

convertible subordinated notes (with

subordinate

4%%

Co.

3%%

promissory

due

notes

notes due 1967, $360,000

5%

Co.

$800,000

due

B,

1977,

1,

Nov.

first

mortgage

(June).

notes

In¬

1952-1967,

due

(July).

Engineering Co. 434% promissory notes due Dec. 15,
annual
repayments beginning Dec. 15, 1952, $550,000

with

(March),

3%%

to

promissory notes due 1953-1963, inclusive,

(March).

1967, inclusive, $3,900,000

434% promissory notes due Dec. 1,
(December).

of Illinois fixed

Co.

shares, $500,000 (September).
States

1972,
Miller

Telephone

due

July

1,

dividend

1960-

bonds due May 1, 1932,
t,... iMt*...
I '

Osborn

Illinois

334%

first

bonds,

mortgage

Pacific

Sons,

434%

promissory

Inc.

notes

due

Dec,

due

March

15,

first mortgage 3%%

bonds due 1977, $1,700,000

Co.

first

mortgage 33/4%

bonds, series D,

due

1977,

due May 1,

bonds, series D,

Co. 334%
(November).

$12,000,000

bonds, series D, due May 1,

due 1979,

1,

1966,

$1,509,099

1,

Dec.

1972,

$6,700,000

March

474% promissory note
$2,250,000 (November).

Inc.

Inc.

4%

promissory

due
due

note

1972
1959,

Co.

Manufacturing Co. 4%
Marine

&

20-year

notes

debentures due

Manufacturing

due

1967, $1,400,000 (June).

3^4%

Co.

$3,000,001

1972,

promissory

note

dua

from

20-year 4%

serial sinking fund debentures due semi¬
1958 to Oct. 1, 1972, inclusive, $7,000,000

April

1,

Ccrp.

434%

'

•

Finance

subordinated

notes

Jan

due

1,

1963,

note

*

3%%

Service

434%

sinking

Corp.
(September).

Auto

fund

& Electric Co. 306,680 shares of 5%
ferred stock (par $25), $7,637,000 (May).

Pacific

Western

Oil

Corp.

15-year

debentures,

3.65%

$1,500,000

1,

1952

mortgage

(November).

bonds

due

1972,

1

Equipment Co.
Co.

5%

six-year

3%%

sinking
1, 2002, $66,000,000 (January).

Monty's Stores,

Inc.

7%

promissory

fund

10-year convertible

income

note,

$1,680,000

debentures

due

bonds due 1962, $100,000

(May).
Monty's Stores, Inc. 10,000 shares of common stock (par $10), $100,000
(May).
Mosinee Paper Mills Co. first mortgage

bonds. $3,000,000

Motop Finance Corp. (Newark, N. J.) 4.58%
$2,000,000 (December). Mutual Telephone

15,

Co.

(November).

subordinate note due 1961,

334%

1982, $2,500,000

Corp.

first

mortgage bonds, series I,

(October).

notes due 1962, $1,000,000

National Gypsum Co. 3%%

25-year note due $1,250,000 annually 1957July 1, 1977 inclusive, $25,000,000 (August).
'
Starch

•

Products,

(December),

Inc.

$6,0QQ,QQQ

1954 to 1962, inclusive,

Parkersburg

due

Penn

Rig

&

Reel

$1,750,000

Controls,

Inc.

Co.

promissory

notes

July

(June).

434%

1958-1964,

1,
*

promissory notes due April 1, 1953 to 1964,

Peoples Water & Gas Co. 5% debentures due June 1, 1971 (with
mon stock purchase warrants
attached), $2,240,000 (January).
Philadelphia Suburban Transportation Co. 434%
due 1967, $300,000 (March).

Philadelphia Suburban Water Co. 33/4%
1, 1982, $4,000,000 (JulyJ.

Photon, Inc. 7,600 shares of

convertible debenture#

first mortgage bonds due

stock

common

com¬

July

(par $1), $201,400 (Jan.)

Pitney-Bowes, Inc. 394% promissory notes due Feb. 28, 1967, $3,000,003
(March).

Pittsburgh

Steel

3%%

first

mortgage

bonds

due

Dec.

1,

1971,

3%%

first

mortgage

bonds

due

Dec.

1,

1971,

first

mortgage

bonds

due

Dec.

1,

1971,

Pittsburgh

first

mortgage

bonds

due

Dec.

1,

1971,

$5,000,000

Co.

(April).

Pittsburgh Steel Co.
$5,000,000 (July).

Steel Co. 334%
$5,000,000 (November).

Portland

General, Electric Co.

334%

first mortgage
1, 1952 and due Nov. 1, 1977, $4,000,000 (July).
(H.

K.)

Inc. promissory notes due Nov.
$5,600,000 series B 434s), $8,000,000 (November).

Co.,

Pressed Steel Tank Co.

Service

1982,

Co.

of

Mexico

New

30-year 33,4%

$1,500,000 (March).

Service

Co.

Service Co.

of

1,

of

New

Mexico

North

434%

(including

1, 1967

first mortgage bond#
•
* \

sinking fund debentures due
'
- ■'
-

Carolina,

Inc. 434%

first mortgage bond#

1977, $2,500,000 (December).

Service Co.

pf North Carolina, Inc. 434%
l, 1977? $1,700,000 (January).

Jan.

bonds, dated May

promissory notes due 1967, $1,300,000 (December).

1972, $4,000,000 (October).

Super Markets, Inc.
$1,000,000 (December).

434%

promissory

first mortgage bond#
' *

note

due 'June

1,

1965,

*

'

.

first mortgage bonds due '1977, $1,009,000

(August).

-

Quaker Oats Co. 334%
(March).

promissory notes due Feb. 1, 1977, $10,009,000

Quebec Telephone Corp. 434% first mortgage stoking fund bonds, series
D, due May l, 1972, $1,000,000 (May).

Machinery, Inc. first mortgage notes due Nqv. I,
1, 1963, inclusive, $300,000 (November).
**

1953 to may

Corp.

of

$30,000,000

America

3%%

promissory

notes

due

1,

May

1977,

(December).

promissory notes due March 15, 1977, $3,500,000

(April).
Reichhold Chemicals, Inc. 334% -4%

first mortgae bonds and notes due

1967, $5,000,000 (May).

Remington Rand, Inc. 3%%
$65,000,000 (February).
Mining

$40,000,000

Co.

750,000

first

sinking fund debentures due Feb. 1, 1972,
mortgage

Co.

first

Paper Co. 37/a%
(August).

500,000

Robertshaw-Fulton
Dec.

Oct.

31,
1,

due

June

1,

1980

1968, $45,-

1,

Controls

1966, $2,000,000

promissory notes due July
Co.

3%%

15-year

334%
(March).

$8,600,000

Falls

Power

1, 1972, $4,-

promissory notes

due

(November).

Telephone Corp. first mortgage 334%
1987, $5,000,000 (October).

Rohm & Haas Co.

Rumford

bonds

mortgage bonds due Jan.

(November).

Rhinelander

Rochester

434%

(December).

Reynolds Reduction

bonds, series B, due

promissory notes due July 1, 1937 and 1987,

Co.

4%

sinking

fund

debentures

due

-

,•

3.%%
•,

«'

»

debentures
*

Power Co. 5,000 shares of class A 5%
preferred stock (par $100), $500,000 (July).

St, Joseph Light &

Saco-Lowell
000

promissory

434%

1967,

Oct. 1*

1961-1972, inclusive, $1,200,000 (October).

(Hawaii)

National Can Corp. 10-year 5% convertible subordinate debentures due
Dec. 1, 1962, $1,500,000 (December).

National Discount

-

due

Paragon Electric Co. serial notes due March 1,
$300,000 (September)..

Reserve

first

(December).
Chemical

notes

4%

redeemable first pr«-

(December).

Rath Packing Co. 334%

first mortgage bonds due Feb. 1, 1972,
i

33/4%

Co.

Service

1968,

1,

Jan.

due

Mississippi Valley Gas Co. 434% mortgage bonds dated Sept.
and due Sept. 1, 1972, $2,750,000
(September).
Public

promissory note due 1967, $3,000,-

Pacific Gas

Radio

Valley Natural Gas Co. first mortgage
bonds, second 1968 series, $1,400,000 (July).

Mississippi Valley Gas Co. 434%
$7,700,000 (March).

subordinated notes due Jam; I,

Racine Hydraulics &

promissory

Minnesota

$3,000,000

due

notes

Co.,

Manufacturing

$2,000,000

1966,

1977, $900,000 (December).

Oct.

due

^November).

1,

(August).

$1,000,000

notes

warrants),

Pacific Gamble Robinson Co.
000 (June).

Public

note

4%

Minneapolis Gas Co. first mortgage 3%%
1977, $800,000 (October).

National

promissory

Manufacturing

due Jan.

Minneapolis Gas Co. first mortgage 3%%

Jan.

434%

Publix

Co.

Minneapolis Gas

Monroe

promissory

Pueblo Gas & Fuel Co. 3%%

Gas

first mortgage bonds

Pacific Finance Corp. of California 434%

Public

(July).

(January).

Mobile

3%%

Manufacturing Co.,

-annually

Public

(May).

Missouri

1,

(November).

3%

Oxford Paper Co.

due

&

$1,100,000

bonds, serial

mortgage bonds due Nov.

1967, $5,000,000 (October).

fund

(April).

sinking

$750,000

Public

sinking

and

>

of

Co.

1977, $500,000

Rubber Reclaiming Co.
$2,000,000 (December).

(I.)

first

%

Corp.

due

Merchants Acceptance

Midwest

sinking fund notes due April 1, 1977,

(March).

Porter

Corp. 334%

G,

Mul¬

promissory notes due serially

Pittsburgh Steel Co. 3%%
$5,000,000 (September).

series

(November).

Trucking

$2,300,000

$3.-

$6,000,000 (April).

debentures,

(November).

McNeil Machine &

Mead

1972,

inclusive, $1,000,000 (July).

stock

notes

promissory

4%

warrants attached),

$7,680,000

Chemical

$58,250,000

due

Kaiser Steel

shares

Chemical

1987,

Monsanto

.Feb. 1, 1977, $1,200,000 (February).
Jfarreli-Ash Co.

March

>

stock purchase

1,

1,

Oct.

1963, $2,000,000 (January).

^

3%%

Minneapolis-Moline

1, 1982, $100,000,000 (October).
International

series

(June).

&

Minneapolis Gas

Inter-Mountain Telephone Co. 3% %

International

Nov.

series

Illinois Consolidated Telephone Ck 3.85%
due Jan. 1, 1982, $900,000 (January).

series

note,

$1,688,000

due

notes

.

(Glenn L.) Co. 10-year 4%

Middle

Illinois Central RR. consolidated mortgage 30-year
due June 1, 1982, $13,000,000 (May).

Jan. 1, 2052,

1962,

promissory notes due 1962, $4,530,000
promissory

.

Medusa Portland Cement Co.

(par $100), $1,100,000 (November).

Huyck (F. C.) & Sons 37/a% 20-year stoking fund notes due Sept. 1,
1972, $3j860,C0O (September). -

International Business

due

$6,000,000 (July).

common

1961

shares of

.

.

Co.

10,000

Field

clusive,

first mortgage bonds due Oct. 1,

(March).

Refrigerator

&

,

McBee Co. 15-year 434%

(May).
Hussmann

convertible

10-year
note

promissory notes due Oct. 1, 1977, $110,000,-

3% %

Co.

Maxwell

Mathieson

100,000

debentures,

1962, $500,000 (April).

$4,000,000 (August).

Martin

Appil 1, 1963, 1965, 1967, 1969 and 1972, $25,000,000 (April).

19&L *8,475,000

subordinated

10-year 434%

$100), $1,000,000

Marshall

V

Co.

Houston Lighting & Power Co. 334%

Husky Oil Co.

5%

334%

&

Field

Mathieson

Corp.

534%

Corp.

Oliver

Outboard

(subordinated)

fund

$15,000,000 (January).

Corp.

334%

Telephone Co. 334%

Inc.

inclusive,

Manning,

$10,000,000 (November).
Household Finance

and

1952

1,

.

bonds due Sept. 30, 1977,

mortgage

first

due

note

*$10,000,000 (May).
Hooker Electrochemical

March

sinking fund debentures, series C, due April 1, 1972,

Co.

Field

Marshall

and

(October).

Steel Co.

Macco

notes

Hickory Telephone Co. first mortgage 4.25%
$1,000,000 (October).
Home

dated

(April).

sinking

Engineering

$5,000,000 (March).

^

promissory note duo July 1,
warrants), $4,300,000 (July).

414%

Inc.

6%

debentures

(April).

note due

due

"

$1,800,000

Orangeburg
(August).

(October).

Lukens

sinking fund debentures dU*
notes

$7,050,000'(December).

Lone Star Gas

H,

Nov. 1, 1967 (with
stock until Nov. 1.

;

stock purchase

common

promissory

314%

Inc.

$5,000,000

1967,

promissory notes due semi-annually from
Aug. 15, 1955 to Aug. 15, 1967, inclusive, $3,000,000 (December).

series

bonds,

334%

promissory

t.

(with stock purchase

434% promissory notes due semi-annually from
15, 1955 to Aug. 15, 1967, inclusive, $3,000,000 (May).

Aug.

1977,

(October).

promissory

4%%
subordinated
(November).

(July).

$1,700,000

senior

Ohio

Orangeburg

Liquid Carbonic Corp.

1,

4%

1963, $4,000,000 (January).

Orangeburg

(September).

promissory notes due July 1,

Corp.

sinking fund debentures due

(January).

(November).
$500,000

50)

$1,000,000 (April).

$15,000,000 (May).

$4,000,000

Marshall

E.)
& Co. 4%%
subordinated
$1,000,000 (October).

(Walter

Oct.

stock,

Telephone & Telegraph Co. 3%% first mortgage bonds,
B. due April 1, 1982, $2,500,000 (April).

-

Seller

Service

(November

Ohrbach's,

$300,000

1972,

due

(December).

(November).

$1,500,000

1962),

bonds

$500,000

preferred

$500,000

Co.

3%%

Amerclan Acceptance Corp. 434% subordinated-convertible
fund debentures, $200,000 (January).

1982,

Sept. 1, 1967 (repayable
$2,500,000 (October).

mortgage

debentures,

5%

1962,

1,

Investment

Lincoln

bonds due

Sept.

due 1962, $1,200,000

Ltd. 314%
first mortgage
$4,000,000 (October).

Co.,

March

Inc.

Northwestern Public Service Co.

promissory notes due 1967, $6,000,000 (February).
Co.

Industries,

Northern

due 1977,

bonds

Liquid Carbonic Corp. 434%

serial notes

3%

Co.

first

6%

Inc.

Lion Oil Co. 3%%

due

first mortgage

37/e%

Lincoln

fund

sinking

5%

debentures

334%

Light Co.
$10,450,000 (December).

Bartford Gas

434%

Lewis

(June).

Harils-Seybold Co. 33A% sinking fund note due April 1, 1967,
(April).
Hartford

Co.

Refineries,

Co.

& Gas Co.

Northern Indiana Public Service Co. 334% first
mortgage
G, due March 1, 1982, $10,000,000 (April).

bonds, series

revenue

series A, dated March 1,1952 and due March 1,

6%

Lamp Co. promissory notes, $1,000,000

Co.

434%

Corp. 4%
(September).

subordinated sinking fund notes (with warrants
purchase common stock), $500,000 (December).
(c. M.)

first mortgage

promissory notes due
beginning March 1, 1955),

Leslie Salt Co. 4%

1954-1962.

due

Power

Lerner Stores

Lewis

subordinated

Inc.

Co.,

Inc.

Electric

& Ga3

North.State Telephone Co. 3.55%

due

A,

(Par

mortgage bonds, series A, due

$750,000 (April).

Co. 434%

County Gas Co.

Leich

$500,000 (June).
Salle Mines,

ing

(June).

1,

notes due Sept.

promissory

due 1957-1960, $500,000

serial notes

Inc.

series

notes,

stock

promissory notes due Dec. 1, 1958-1967,

North American Car Corp. 3%

(par

to

convertible

3%%

Co.

Lewis Investment

Grayson-Robineon Stores, Inc.
1969, $10,000,000 (August).

due

stock

common

common

1,1991, $5,000,000 (February),

500,000
North

Leeds & Lippincott Co. 434% first mortgage due Dec. 28, 1956, $900,000
(January).

(par

first mortgage bonds due Nov. 1, 1967,

Steel Co. 414%
$15,000,000 (November).

Guardian Loan Co.,

preferred stock

of 5%%

Co. 33,000 shares
(May).

Steel

City

$100), $3,300,000
Granite City

&

semi-annually

Leonard

(April).

$5,000,000

of

of

1991, $5,000,000 (March).

York State Electric

Dec.

$700,000 (May).

note due Sept. 1,1962, $750,000 (October).

30-year

shares

l,

Newport

inclusive,

1953-1962,

$1,450,000 (October).

Water

Lane-Wells

Lea

(September).

Gordon Foods, Inc. promissory
Grace

Lakewood

Co. 3 34 %

(B. F.)

600,000

Pipe Line

A, due 1977,

promissory notes due serially 1955-1967, In¬
clusive, $1,250,000 (June).
C.)

due

shares

first

(December).

York State Electric

Dec.

bonds,

fund

sinking

Corp. 3%% first mortgage bonds, series E,
$250,000 (March).

4%

(A.

434%

note,

Inc.

promissory

4V4%

10-year

200,000

(July).

Natural Gas Co. 434%

inclusive, $3,000,000

1,

New

Laboratory for Electronics,
1959, $87,000 (July).

OOO

series A, due Oct.

New

$1,600,000

Gilbert

bonds,

434%

Telephone

March 1, 1977,

promissory notes due Jan. 1,. 1970, $1,500,-

Co.

1977, $12,500,000 (May).

1967,

due

notes

334%

Oil

cents), $100,000

preferred

$10,000,000

Kwikset

La

California

New York Air Brake Co. 3%%

5,800

Co.

secured

Co.

0

(September).

New Jersey

Inc.

(A. J.)

cumulative

(June).

Laboratory for Electronics,
$1), $29,000 (July).

Gerrard

000

1982,

(May).

Keyes Fibre Co. 20-year
$2,500,000 (February).

'

Corp.

Neiman-Marcus

(May).

due

Nevada

Georgia-Pacific Plywood Co. 434% promissory notes due Feb. 1, 19571966, inclusive, $4,000,000 (Aprilj.
Gerity-Michigan
(January).

bonds

mortgage

Koehring Co. 434% notes due July 1, 1967, $2,000,000 (August).

3% %
promissory
Inclusive, $3,000,000 (May).
Corp.

General Tire & Rubber Co.

1972,

bonds

(July).

July 1, 1982, $1,250,000
General Time

Utilities

promissory notes due 1962, $1,250,000

Corp.

(par $100),

$10,000,000

first mortgage bonds

first mortgage 3%%

Telephone Co. of the Southwest
due 1982, $2,000,000 (November).

General

General Telephone

stock

Kerr-McGee

334%

Co. of Pennsylvania
due 1982, $3,000,000 (November).

General

Kennametal, Inc. 434%

first mortgage bonds due 1982,

Co. of Ohio 3%%

General Telephone

(1793)

»

*.

•-

due

July

2,

1967,'

cumulative

Shops 334% promissory notes due Aug. 22, 1967, $2,QQQt-

(October).

Salt Lake

Pipe Line Co. 334%

promissory notes due 1972, $7,009,099

(July).
Schaible

Co.

serial

notes

due

1953

to

1963,

(November).

V" '*

(Continued on page 10)

inclusive.

$1,800,099

13

The Commercial and Financial Chronicle...

(1794)

United-Carr

(Continued from page 9)

United

note due 1967, $3,600,000

United

(June).

$3,000,000

Corp. 4%

subordinated

(July».

Sierra

Pacific

15-year promissory note due Oct. 15,

4%

Manufacturing Corp.

(September).
first

Co.

Power

(October).
Sierra

bonds

due

$1,500,000

3%%

Co.

Power

$1,500,000

1982,

first

bonds

mortgage

1982,

due

Pipe

Singer

Line

1976,

1,

Co.

(L.

Oct.

Smith

&

1972,

(S.

sinking

Vanadium
from

due

(September).

Typewriters,

promissory

Morgan)

4%

Inc.

promissory

due

notes

sinking

fund

due

notes

Sept.

(W. T.)

4%

Co.

Gas

first

bonds,

mortgage

series

bonds

South

due

Electric &

July

Carolina

000

1,

Gas

Co.

3%%

$3,000,000

1981,

first

and

Carolina

1979,

$9,200,000

Southern

Southern

first

mortgage bonds due Oct.

Water

Colorado

first

3.60%

mortgage

Co.

3%%. first

'

LI,000,000 (May).
Southern

Paperboard Corp.
$9,300,000 (March). .

bonds

due

>:

\

,

Power

1981,

1982,

A v

due

bonds due Dec. '1,

1970,

bonds

'

,

first mortgage 4%

Feb.

Utah

1,

Southeastern
series D,

Telephone

due July

1,

4%%

30-year

first

$5,000,000

3%%

Co.
1977,

first

$550,000

mortgage

1982,

Drug

Corp.

(January).

3%%

unsecured

sinking

fund

Southwestern

first mortgage 3%%

bonds due

Service

Co.

3%%

first

.

mortgage bonds due

Southwestern

Public

Service

Public

U,333,333

of

Co.

Co.

3%%

"

'

'

1982,

first mortgage bonds due

notes

1982,

due

in

(April),-

promissory

Corp.

Co.

414 %

shares of

000.000

5%

(October).

Propane

series,

Gas

due Dec.

Suburban

15,

Propane

due

15,

Symington-Gould

Airport Corp.

Telecomputing Corp.
Sept.

Eastern

due

1967,

Texas

Gas

See

$250,000

July

Notes"

notes

due

due

of

stock

to

'

/.

in

of

6%

J.

N.

North

Bergen,

Si
•*

10

Refundings

$4,294,523,195

$331,398,168

$3,963,125,027

3,176,175,557

92,266,050

3,482.167,281

111,734,261

3,083,909,507
3,370,433,020

2,907,027,866
2,686,218,617
2,272,098,012

—

104,286,318

2,802.741,548

82,060.358

2,604,158,259

43,849,187

2,228.248,825

;___
___

___

$1,000,000

20

1,

1972,

$3,-

due

208,253,309

952,242,867

794,740,667

323,843,500

470,897,167

638,909,818

404,000,156

1943

435,223,191

259,481,836

175,741,355

523,704,607

181,264,294

342,440,313

1941

952,615,173

434,509,900

page,

1940

518,105,273

1,234,916,402
1,125,901,000

477,764,723
195,079,000

930,822,000

in¬

units

and 30,000
$9
principal

of

together
of

1939

?

with

$9

Texhead

In

due

bonds

1,

cumulative

deferred

N.

6%

J.,

from

years

cumulative

date

of

loans

1962,

•

'■

"^.1'

■ 'I'""

'

■'

mortgage

loan-

•,'

;7'■' '''1

>

"I' !■'.

/'..I

,1.

—~

Mil

—

$100,000
■
"K
l'"

I

.

placed

with

included

in

fund

debentures,

second

sinking fund
(September).

debentures,

second

1967,

Corp.

4%

4%

Below

present

we

Capital

MUNICIPAL

OF

FIGURES

tabulation of municipal

a

BY

15-year

cipal
Co.

30,000

shares

Bonds

-1950-

Total

$

$

$

221,100,904

569,775,214

153.524.409

19.394.000

285.406.211

293,344,416

181,216,934

3,496,500

New

Capital

Refunding

Total

$

S

New

stock

amount

of

and

first

first

of

$1,000,000
Therm old

Co.

4(4 %

10

notes,

mortgage

233,439,431

1962,
Trane

$500,000
Co.

ginning

sinking

two

•549,563,440

6,286,228

157,686,060

10,228,000

167.914.060

362,905.565

2,913,516

228,498,911

3,569,000

232.067,911

169,694,702

375,903,215

6,114,910

11,276,530

387,179,745

407,213,400

175,809,613

4,436,904

411.650,304

303,791,354

614,932,804

11,180,000

626,112,804

14,116,294

279,816,932

317,907,643

2,914,011

282,730,943

334,267,106

19,649,105

353,916,211

257,618,750 2,478,550,419

1,407,956,646

44,038,415

1,451,995,061

1,953,661.598

50,471,668

2,004,133,266

318,936,418

1,803,600

320,740,018

204,425,733

758,229

205,183,962

265,431,705
272,087,205

8.483,106

273,914,811

6,432,000

278.519,205
184,795,213

June.

1st 6 months—

Total

July
AugustSeptember..

2,220,931,669
224,198,617

226,673,617

7,435,218

210,383,818

150,581,908

841,000

151,422,908

436,980,735

2,395,600

439,376,335

264,730,210

4,185,000

268,915,210

304,986,240

October

2,475,000

202,948,600

—

3,749,000

308,735,240

368.114.910

Transcontinental
bonds

due

Notes"

due

of

on

17.863.200

385.978,110

181,497,213

179,231,260

48,609,000

227,840,260

297,470,200

4,125,000

301,595,200

355,538,295

9,115,600

402,963,506

276,119,215

14,178,213

369,716,508

19,409,835

295,529,050

137,791,271

28,113,045

165,904,316

1,742,193,358

73,779,418

1,815,972,776

1,675,952,861

61,262,593

1,478,034,013

3.963,125,027

.......

——

.

■

■ ■■

■

■

"

■

■'

I

I

'»

■!

331,398,168 4,294,523.195

I

I

I

■

48,227,635

■

I

figures.

3.083,909,507

1,428,651,446
'

.

.

I

.

■

,

.

|,

bonds

the

In

following

bonds

due

line

bonds

(par

cents).

10

preceding

page,

tables

present

we

a

1971.

part

of

1,

1962,

units

of

1951

our compilation of "Issues not rep¬
financing" in the months in which they
present them here for whatever interest

occurred

we

they

have for

may

our

readers.

''

-

•

New

1952——

together

stock

fund

of

SPECIAL

OFFERINGS

with

$9

Wilhead

5%

due

June

1956,

Royalty

Issue—

1-23

Wm.

Wrigley,

1,

Safeway

•2-13

1972,

Minnesota

International Tel.

Stores,

Western

2-18

due

serially 1957

to

1964,

inclusive,

Royal

^

notes

serially

to

Sept.

1,

notes

$600,000

Pipe

due

1961,

United

Line

$20,000,000

Corp.
(March).

4%

5-22

R.

J.

F.

W.

R.

J.

8-11

repayable

annually

be¬

(January).

•8-22
8-28

first

mortgage

pipeline

The

Mills,
Aircraft

Daniel

Tucson Gas, Electric
Light & Power Co.. 3%%

TiRlaLoma Natural
due

Uarco, Inc. 3%%
Union
Nov.

Gas

1972, $250,000

Carbide

&

Co.,

Sun

Oil

first

15-year promissory notes,
Carbon

Union Investment Co.
0GJ (November).

mortgage

revenue

Corp.

3%%

$1,000,000

Total

r

in

8

years,

1937

44

1,653,696

36

1,246,644

14%

991,771

855,500

Investment Co. (Mich.)
clusive, $400,000 (December).

Home

completed

,

Lines» Inc- 3(4%
$10,000,000 (February).
-

15-year




notes

due

1954-1960,

in¬

due

Feb.

1,

1967,

65.062,500

219,000,000

222,250,000

23,000,000

1936

156,500,000

179,500,000
116,000,000

1935—

116,000,000
61,200.000

1934

1933—

i

61,200,000

133,332

61,600.000

61,733,332

26,015,000

40,000,000

66,015,000

(16)

328,500

1932

350,000

1931

37%

338,043

253,722,000

14,500,000

1930

1,009,213,390

126,566,000

757,837,569

1,319,167,987

22,032,717
237,652,913

1,561,119,925

163,564.500

1,145,099.740

204,693,300

1,349,793,040

1,086,160,500

221,147,000

1,307,307,500

996,570,320

248,225,445

1,244,795,765

338,478

$9,348,909
-

'

1928

——

—

1927
1926_

SPECIAL

OFFERINGS

NOT

COMPLETED

Offered

IN

1952

Morrell

&

1925

No. of Shares

Price

Sold

Value

1,770

$75,003

1,900

26,125

—

1924

—

268,222,000

1,135,779,390

1

779,870,286

1,576.820,900
1,724,684,425

$42%
13%

18,400

)

3,670

280,274,600

79,941.679

1922

360,216.279

634,511,034

125,265,000

759,776,034

527,517,000

50.000,000

1920

383,450,887

138,998,000

1919

6,400

12,000

Co

1923

1921

John

522,448,387

342,130,300

263,429,000

605,559,300

$101,128

577,517,000

In

Foreign Issues Placed in the United States

During 1952 foreign security issues, both government
corporate, placed in this country aggregated $371,-

133,985
740

debentures

147,000,000

40,000,000

3,250,000

87%

•

MacAndrews & Forbes——

due

$570,-

87,750,000

25,062,500

9,075

Products Corp.—

offerings

5-22

and
4%% "serial

59,250,000

'

54%

,

Union

421,875

6,000

Total

notes

4,000,000

4,000

Issue—

(January).

100-year promissory

363,000

Shares

(December),

subordinated debentures1' due

4,000,000

i

1938—

30%
34%

•Oversubscribed,

bonds

80,353,500

110,250,000

421,875

1939

265,000

34,629

cl. B

Midlands

59,353,500
103,000,000

'

480,000

-

cumu¬

(November).

1, 2051, $100,000,000

C.,

Co

6-4

4(4%

156,112

16

26%

28,747

Co

American

Date

Inc.

22%

37,584

first mortgage bonds due

(December).

"

236,983,497

2,250,000

1941——

12,000

Co

Reynolds Tobacco

Southern

827,781

58,000

&

107,723,972

339,862

6,900

Reynolds Tobacco Co., cl. B

Archer

17

14%

44%

30,000

common..

196,792,500

98,549,100

______

10,000

Corp.,

Woolworth

445,000

48.G93

Inc

87,973,500
188,051,500

21,000,000
i._—

i

1942__

10,000

-

184,275,000

477,200,000

9,174,872

———_

23.850

Corp

296,137,740

94,000,000

1929

10-8

•11-21

Tucson Gas, Electric Light & Power Co.
20,000 shares of 4.75%
lative preferred stock
(par $100), $2,000,000 (December).

Tel.

Inc.—

Typewriter Co., Inc
Mills Corp.—

Robbins

7-28

due

&

Lines,

363,462,094

8,741,000

1943———

486,000

39,821,500

150,200,000

149,001,997

1944

$222,000

30%

Total

$371,133,985

477,200,000

1947

1945

Market

MUNICIPALITIES)

Refunding
$14,693,000

90,275,000

1'

1946—

■

AND

323,640,594

1948

Value

$74

16,000

Burlington

3-5

3-27

subordinated

Price

3.000

Inc.——

Mining & Mfg. Co

Air

•2-26

Co.—

Jr.

•1-31

$1,000,000

j

'■*

Offered

•

v

Date

.

15,

1953

IN

Shares

prin¬
1

notes

due- Aug.

COMPLETE,D

principal

•3-4

notes

_______

111,734,261 3,482,167,281

145,937,740

—

1949

»••

Capital

$356,440,985

1950—

new

30,000

and
$9

(September).

note

3,370,433,020

(INCLUDING CANADA, ITS PROVINCES
Calendar Years

included in

are

Oil Pipe Line Co. 4%
first motrgage and collateral
bonds, series B, due April 1, 1972, $23,400,000
(November).

1982, $5,000,00

■

92,266,050 3,176,175,557

GRAND SUMMARY OF FOREIGN ISSUES PLACED IN
UNITED STATES

of

summary

"special offerings" as compiled by the New York Stock
Exchange for the year 1952. Although these for the most

Trans-Mountain
trust

1,416,771,422

,

3,298,000

-

■

Summary of Special Offerings

pipe

a

July
in

stock

shares

sinking

promissory

1952,
Gas

365,819,031

393,847,906

December

•2-14

4%

unsecured

l,

555,849,668

184,713,434

148,093,116

454,045,124

fund

(October).

3(4%
Nov.

$

234.831,046

1,937,211

•Revised

line

stock

(February).

Corp.

Total

v..

1,391,615

143,907,216

$2,000,000

pipe line

pipe

mortgage

cents)

shares

$135,000

Co.

Thorp Finance Corp. 4%%
$1,000,000 (June).

Thorp Finance

$

172,918.409

(par $1), $5,934 (July).

common

notes

(par

and

below),

Mfg.
(April).

Refunding

$

452,107,913

resenting

and

income
two

notes

see

Glass

Capital

March

«

3%

(which

financing

7,938,205
4,185,900

(June).

(September).

Thatcher

latter

MONTHS

-1951-

Refunding

348,674,310

January
February

November

first mortgage

Corp. 4%
(February).

"Long-Term

notes

These

by months since January, 1950.

I.II

$

(October).

$13,000,000

of

agencies.

tabulations

Total 2nd 6 months—

(June).

Corp.
4(4%
secured
$5,000,000 (September).

of

amount

Federal

any

our

bonds that reappear in the market in
consequence of
portfolio sales by banks, insurance companies, et
al., and
public trust funds.

deferred

"

4(4%
■'%. %"-•

25-year

757,151,679

the

only when they have
subsequently been resold by such bureaus to investment
bankers and dealers.
Moreover, the totals exclude all

deben¬

$150,000

issue,

with

234,909,662

above tables, and all similar
figures for that matter, it should be made clear that they
represent only bond issues sold by states and municipal
taxing units to private investors and do not embrace

prin¬

Royalty

Nov.

connection

-1952-

April

(August).

common

Capital

1,160,496,166

preceding

y

May!

second

Chemical

Royalty Co.

shares

New

1946

„

Texhead

in

con¬

1945

1968,
"l

*■

(v

and

cents).

10

.

1,. 1962,

stock

mortgage

of

Co.

$2,686,218,617

give the following tabulation of operations

1950

15,

1962,

(par

a

on

stock

shares

first

or

to

Grand Total

1952_.

15,

Dec.

amounted

with

Year-

$135,000 (September).

Newark,

1948

$2,272,098,012; 1946 totaled $1,160,496,166

1949

1953

1,

July

cents)

10

shares

two

Power

&

during

were

_______

Transmission

under

1967,

(November).

debentures,

4% -4(4% -4%%

Transmission

Royalty Co.

$15,000

4%.%

Transmission Corp.

1971,

Texhead

1966,

1,

Dec.

World

Total 12 months

Corp.

$30,000,000

Gas

due

sinking

&

1971, $24,000,000
Texas

1,

fund

989 shares of capital stock

Products

notes

due

of

for the past several years:

bonds,*

mortgage

debentures

common

and

(par

10 cents),

debentures

sinking fund notes, $2,000,000

Tennessee

first

veterans

by several states.

purposes, we

.

(par 10 cents),

SUMMARY

(April).

Corp.
"

(December). !

Texas

$600,000

Gas

Dec.

due

sinking

Gas

series, due Dec.
Suburban

of

debentures

:

collateral

4%%

4%(c

1966,

'.

small measure to the pay¬

no

ex-service

volume of new capital borrowed
during 1952, as dis¬
tinguished from refunding operations, was
substantially
greater than for any year "since 1939.
For comparative

1980,

$2,500,000

■

to

*

Corp. 4(4%
1966, $300,000

15,

Propane

Corp.

-

$2,907,-

April

Oct.
.

'

u

Credit Corp.
1976, $3,000,000 (April).

Suburban

due

due

second largest disposal of

1942

due

notes

two

i.

*

$794,740,667 in 1945; with $638,909,818 in
1944; $435,223,191 in 1943, and $523,704,607 in 1942. The

$1,788,311

1977,

stock

debentures

■*'

(par

promissory notes due Oct.

•

Stromberg-Carlson

T-S

stock

1947

1972,

due in

was

1951.

30-year

and

V-

fund

$2,000,000

notes,

record and compared with

on

"bonuses"

1947

income

New

mortgage note ,due 1982, $1,000,000

Stonega Coke & Coal Co.

3(4%

shares

stock

in

promissory

$3,250,000

subordinated

common

3%%

%

.

promissory note
'
'

(November).

Sterling, Inc. 5%

series,

1967,

(August).

Market

1,

bearing

(April).

(December

of

War II,

due

^

Bonds

III.

'

non-interest

1, 1953, $200,000

Sulphur Co. 400,000

C30,000

due

notes

due

common

30-year

and

■

Yardley Water

15, 1952 and

''

Factors

due May

Star

4%

,

S^Tidard

Standard

Inc.

1,

June

bonds

mortgage

Inc.

notes

due

20-year

exceptionally large volume of borrowing in the

ment

(March).

3(4%

30,000

Co.

3%%

calendar

postwar period

10 or 20 years from date of issue, $225,000 (August).

5,

(August).

Sprl-igfield City Water Co. 3%% first mortgage bonds, $900,000 (April).

Co.,

The

(February).

•

Sprcuse-Reitz

Co.,

promissory

Co.,

Finance

debentures

(January).

Springfield Gas Light Co. 20-year 37/b% notes dated Feb.
due Feb. 15, 1972, $1,000,000 (February)., ,

debentures

above),

see

Finance

tures

1982,

mortgage bonds due

bonds

fund

certificates,

4(4%

3%

first
mortgage sinking
1982, $43,100,000 (August).

1,

$3,482,167,281, represents the

are

Workers

first

trust

Co.

Chain Co. 4%:
$1,425,000 (December).

'

Service Co. -3%%

an

$1,250,000

promissory notes due May 1, 1961 through
>'•;
:
y..;-

common

of

(which

Workers

£3,333,334 (July)." *

1964,

notes- due

first

Corp.

Co.

Aug.

calendar year
027,866 in 1949.

^'

due

sinking

37/a%

Whitney

(April).

Southwestern

Royalty

3%%

*-

the

Sales

equipment

"Long-Term

mortgage 3%%
bonds, series
1982, $1,245,000 (September).

July 1,

Co.

Co.

any

(December).

Co.

cipal amount of

1982,
'

.

5%

with

note

(July).

notes

(September).

shares

$1,500,000

1967,

/

Public

(.L,333,333

under

amount

due

$5,000,000

Co.

Corp.

(July).--

Royalty

Wilhead

first mortgage bonds due

notes

1943
of

'

\

^

(June).

4(4%
$3,000,000

$15,000

'

(July)."

See

bonds,

,

Southwestern Electric Service Co.
£300,000

Wilhead

(August).

Associated Telephone Co. 3%%
$1,250,000 (January).

Electric

Corp,

clusive,

dated

bonds

%

promissory

promissory

Telephone

Electric

first

due

year 1952, the record reveals that
borrowing by states and municipalities reached an alltime peak at $4,294,523,195. This contrasted with
a total
of $3,176,175,557 in 1951.
The 1950 total in the amount

(August),

1982, $1,000,000

Whirlpool Corp. 4%%

/

Southwestern

Southwestern

mortgage

(May).

For

'

$75,000,000

Wickes

Co.

Power

1952, $975,000

15-year

Inc. 2,500 shares of

$50,000,000

1381,

1977,

mortgage

.

v

&

due

Westinghouse

..

.

Southern

F,

Westingliouse

Co.

(November).

,

.

.

Light

series

1,

(November),

California

$1,000,000

3%%

1982,

1,

(March).

Western

Generating Co.

•,

mortgage

Corp.

Telephone

due

Brothers

Co.

and
Tube

&

due

notes

Jan.

due

(June),

Coast

$5,625

$1,840,-

(November).

South

promissory

notes

first mortgage bonds due 1982,

promissory

4(4%

Telephone

Telegraph
1952

series G,

trasted

Petroleum

&

1,

Sheet

Municipal Financing: for 1952

3.79%,

first

Inc.

Western Gold Mines,

1964,

July

Younkers

promissory notes due semi-annually
1967, inclusive, $6,000,000 (NovemberI.

1,

4(4%

$550,000

(December),

refunding mortgage

(June).

promissory notes due

Generating Co. 4%

promissory,

(June).

Coast

West

Carolina

South

20-year

334%

Inc.

promissory

Corp.

of

rate

Co.

Inc.

1962,

$2,000,000

$350,000

B,

(June).

■-

1,

West

Atlantic

•South

3%%

(March),

sinking fund note due 1967, $1,000,000

(Decemben.

Telephone
dated

Youngstown

4(4%

Chemical

Bond,

Warren

Lumber Co. 4%%

1955,

1,

City) 15-year mortgage bonds due 1967, $4,000,000

1958 to Oct.

1,

$4,000,000

1967,

$6,000,000 (September).
Smith

3% %

Co.

America

interest

&

July

1967,

1,

Jan.

(April).

of

Warner-Hudnut,

3% %

Inc.

due

notes

Inc.

Manufacturers,

Y.

(N.

April

Waitt

sinking fund notes due July 1,

Co., Inc. 4%

Co.,

York

$2,000,000

(February).

Virginia Smelting
(April).

$3,500,000 (June).

f=mith-Douglass

1963,

(April).

Corp.

average

1977,

due

notes

(July).

$2,000,000

&

Virginia-Carolina

3%%

25-year

Co.

Corona

31,

(March).

(September).

debentures

fund

collateral

Manufacturers,

Rubber

Uris'Brothers

1964

(July).

C.t

1,

3%%

25-year

$45,000,000

Manufacturing

$25,000,000
Smith

States

$1,000,000

April 1,

5%

Upstate Telephone Co. of New York 4%

Simplot (J. R.) Co. secured promissory note due 1967, $2,500,000 (May).

Aug.

Dec.

1972, $5,000,000 (October).

$25,000,000

(December).

Signode Steel Strapping Co. 3%% promissory notes due
(repayable beginning in 1955), $1,000,000 (October).

Sinclair

1,

United

"

'

'

Pacific

due

bonds,

&

Merchants

Feb.

mortgage

notes

(January),

$5,000,000

United

•

Co.

Utilities

Merchants

note,

1967, 32,200,000

3%%

Corp.

B,

Cities

$165,000

Securities Acceptance

Sheller

Fastener

(January).

first mortgage bonds due 1982,

Scranton-Spring Brook Water Co. 3%%

Monday, April 27, 1953

in

as

compared with $363,462,094 in 1951, $296,137,-

1950, $184,275,000

in

1949,

$477,200,000

$236,983,497 in 1947 and $196,792,500 in 1946.

in

1948,

the past 20 years or so
foreign issues have been of
only modest size, but in the period of 1924 to
1930; in¬
clusive, a really important volume of financing was

undertaken
and

gate
from

in

the

United

corporate entities.

of

In

States
those

by foreign
seven

years,

municipal
an

aggre¬

$9,119,501,306 such issues were floated, while
1919 to date, the grand total
has been $15,560,-

285,801.

Volume 177

Number 5215

...

The Commercial and Financial Chronicle

Date

Farm Loan and Government Agencies

(1795)

'

Amount

Dated

Due

Amount

Applied for

Accepted

$

Offered

$

Financing in this classification consisted of obligations
of the Federal Intermediate Credit Banks

and the Fed¬

eral
Home
Loan
Banks.
Financing by government
agencies, which in the past decade reached huge propor¬
tions, disappeared altogether since October, 1941, as a
new policy put into effect by the Treasury at that time
provides for the monetary needs of these agencies to be
taken care of by direct United States Treasury issues,
instead of by the sale of their own guaranteed obliga¬

tions.

1

,

..

1

/

Oct

30

Nov

6

91 days

2,116,288,000

1,301,003,000

99.546+ *1.796

Nov

6

Nov

13

92 days

2,222,822,000

1,500,752,000

99.529+ *1.843

Notes

2,001,987,000
1,300,719,000

99.526

Nov

7

Nov

21

210 days

3,923,115,000

Nov

13

Nov

20

91 days

1,905,075,000

Nov

27

It happens on occasion that

;

in

1948,

owners

time,

1 Likewise some public utility holding companies com¬
plying with the Utility Holding Company Act dispose
of their holdings of subsidiary companies
through public
offerings. Similarly "special offerings" on the several
stock exchanges are included with the
secondary offer¬

ings in our totals since 1942.
are

place in

the companies

course

receive

part

no

of

the

Such offerings as these have

compilation of

our

have

them

own

issues,

new

separately for

their

on

NOT

173,353,200

but

we

Dec

4

91 days

they

Dec

11

91 days

1,943,514,000

Dec

11

Dec

18

91

days

Dec

18

Dec

26.

90

days

1,713,330,000
1,774,952,000

.Nov

17

Dec

1

Dec

1

Dec 1-31

REPRESENTING

1950

1949

January
February

26,262,180

25,010,104
24,442,067

33.559.509

March

64,074,568

21,927,272
24,674,494
22,818,254
32,288,324

44,216,600

64.298.510

27,592,122
9,181,100
4,732,036
32,769,317

28,1869,867

55,433,608

15,696,485

42,867,266

21,346,188

51,670,355

29,300,280

April

48,971,104
10,373,126
25,654,929

hum,

Tot. 6

mos.

$

.

6,902,646

65,612,548

20,315,178

.24,020,057
24,688,344
19,195,618
21,944,601
36,607,693
24,790,489

25,577,858

September.

13,435,865
66,580,085
21,413,265
35,549,839

_

October ;

November
December

39,098,263

23.751.732
15,882,167
37,214,340
66,724,136

16,740,493
34,116,548

11.334.733
25,185,622.

9,783,161
6,662,745
26,783,641

28,778,285,
30,410,349

15,182,375

on

accrued

interest, to holders of 1 %% Treasury Cer-.
tificates of indebtedness of Series F-1952, maturing Dec.
tfons
was

amount of $1,062,634,000.

not

were

Cash subscrip-

83,400,000

22,050,000

56,745,000

88,090,000

140,145,000

110,140,000

Certificates

348,000,000
132,323,000

6,000,000
76,523,000

342,000,CC >'
55,800,00 »

480,323,000

82.523,000

397,800,CI 1

403,200,000

64,050,000
140,125,000

339,150,0

162,424,000
565,624,000

204,175,000

361,449,014

873,123,000

375,269,589

a,

100,

'

2

168,125,900

12

2

100

168,125,900 100

"

months.

^intermediate

year. - Individual limit on
idoUbled from*$10,000 to $20,000 maturity

c

annual
value.

purchases

has

been

\

SERIES H (NEW>—New current income Bond, Series H, available
beginning June 1, 1'952, bearing 3% interest, compounded semiannually,
;when held to maturity. Issued at par, Series H will mature in 9 years
(and 8 months, with interest paid by check semiannually.
Redeemable
at par any time after 6 months from issue
date, on one month's notice.
iSeries H has individual limit on

held

be

annual purchase of $20,000.

2.50%

for G Bonds. »• Intermediate

and K combined is increased

to

yields of Series J and K will
purchase limit of Series J

previous data on Savings Bonds
June 30, 1952, "Chronicle."
'

see

jl.40%
1951

interest

accrued

and

tnonth

A

sold

are

If

and

1.88%

Effective

annum.

per

and

purchased.^ Stories
held

at

footnote

on

to

maturity

1949

accrued
or

interest

three

years,

notes

to

sold

are

15th

the

Accepted

i
Refunding

91-day Treas. bills
91-day Treas. bills
91-day Treas. bills

of

1

Ctf. of indebtedness
71 Vz mos. Treas. bds.

4,963,097,000

4,248,437,500

U. S. Savings bds._
Depositary bonds-

367,200,431

367,200,431

4,861,000
278,653,600

4,861,000
278,653,600

notes.

16,763,866,531

bills

1,500,559,000

day Treas. bills
day Treas. bills

1,300,266,000

1,300,187,000

Aug 15
1

1 yr, ctf. of indebt.
U. S, Savings bds._

'431,260,000

Aug
Aug

Depositary bonds—
Tax antic'n notes.

91

Aug 21
Aug 28

*91

day Treas.

92

Aug

1

bills

day Treas.

Sep

for

for

six

months

Sep
Yield

49,126,600,914

Total for

%

,

July
July
July
July
Jun
Jun

July
July

July

91 days
July 3
2,136,032,000
91 days
2
July 10
2,160,945,000
91 days
10
July 17
1,981,995,000
91 days
17
July 24
2,104,775,000
91 days
24
July 31
2,056,572,000
16
11 mos.
July l
4,963,097,006
16
July 1 71% mos. 11,693,357,000
1-31 July 1 9%-12yrs.
367,200,431
1-31 July
12 yrs.
4,861,000
1-31 July 1
2 yrs.
278,653,600

*1.788

Total

for

July,..-

539,272,894
234,000

249,000

5,908,000

450,077,280

1,401,084,000

1,400,395,000

"68*9*000

1,401,548,000
1,399*910,000
1,500,422,000
1,501,296,000
14 mos. Treas. notes 10,542,533,000 10,542,533,000
U. S. Savings bds..
347,457,941
Depositary bonds—
3,272,000
Tax antic'n notes.
175,501,900

bills

Treas.

day Treas. bills

ct 16
get 23 91 day Treas. bills
day Treas. bills

*1.850

Oct

30

1

a

1,200,090,000
2,500,090,000

91

1

Oct

1

2

91

874,000

bills

day Treas.

2,161,385,000
431,260,000
356,246,294
7,358,000

6

91

day Treas. bills

2%
a

Nov

2

Nov

*1.841
•1.899

t

i

<.

-f

Nov

bills*

c

1

•

t

Total

for

August—

1,301,003,000
1,500,752,000

91 days
Sep 4
91 days
Sep 11
91 days
Sep 11
Sep 18
92 days
Sep 18
Sep 25
1 year
Aug 4 Aug 15
Sep 1-3(1 Sep 1 9%-12 yrs.
12 yrs.
Sep 1-30 Sep
2 yrs.
Sep 1-30 Sep 1

4

Sep 25

Oc t

2

Oct

8

2,074,457,000
2,277,603,000
2,274,390,000
2,109,040,000
1,577,423,000

Oct

2

Oct

9

Oct-

7

Oct

16

Oct 16

Oct 23

Oct 23

Oct 30

Sep 15

Oct

1

Oct 1-31 Oct 1
Oct 1-31 Oct

Oct 1-31 Oct

days

175,501,900,
•

5,908,000

113,612,000

Tax

antic'n notes.

equipment trust certificates, series T),
July 1, 1953 to Jan. 1, 1968, inclusi>.j,
equipment. Price, to yield from 2.2Qr*
to
2.975%, according to maturity. Offered by Hals-;,/,
Stuart & Co. Inc.; R. W. Pressprich & Co.; L. F. Rotl
child & Co.; Baxter, Williams & Co.; Freeman & Co.; lx\
Haupt & Co.; Hayden, Miller & Co.; Wm. E. Pollock
i
Cc., Inc.; First of Michigan Corp., and Mullaney, Wel4

$6,360,000 Wabash RR. 2%%

1,299,887,000

5,401,908,000

due

2,481,959,789

'

•"

semi-annually
for

Purpose,

,

173,353,200

173,353,200
7,883,867,789

*1.884

4

Dec

*1.850
*1.774
*1.635
2%

Dec

11

91

day Treas. bills

1,300,050,000

91

day Treas. bills

1,200,142,000

i

&

*

$64,715,000

1,300,050,000
1,200,142,000

new

Co.

a

2

18

91

90

Dec'

l

9Vss

day Treas. bills
day Treas. bills
mos. ctf. indebt.

Dec

1

U.

S.

bds.

375,269,589

1,915,928,000

161

days
91 days
91 days
91 days
91 days

Total for October—.




20,472,987,841

*$300,000 Battle Creek

375,269,589

Dec

-

Depositary bonds—

Dec

1

Tax

antic'n notes.

7,550,000
168,125,900

7,550,000
168,125,900

6,324,589,489

Savings

1,200,217,000
1,200,112,000
873,123,000

1,200,217,000

.

I

Total for 12 months

"1.720
*1.829
*1.836

.

r,

.

'

.

873,123,000

•

$

Total for six

I

July—

Net Issued
$

Retired
$

.

months— 27,106,108,000

25,269,442,000

1,836,666,000

Notes

7,000,000

t35,o0o;ooo

424,674,400

42,000,000
183,686,000

Co.

first mortgage 4%

bonds due 1&T7,.

construction.
Co. of Nc Of
j

431,674,400

225,686,000

1
-

'

'

fix!
19ol.

Purpose, to repay bank loans and to reimburse treasr 77
for capital expenditures., Price, 99% and accrued inters
placed privately with pension funds (Bankers Trust
and General Electric Co.)..

•S

(Continued on page 12}
<

.....

Total lor July

7

Counties Gas & Electric Co. 3y2% 30-year
mortgage bonds dated Dec. 1, 1952 and due Nov, 1,

'

Certificates.

c

Gas

*3,000,000 Coast

-

'

2

.

to repay bank loans. Price, at par.
Placed privately wf.vi
eight insurance companies through Kidder, Peabody & Co,

2%
a

.

*2,200,000 Central Hudson Gas & Electric Corp. 3.30% first mortgs/n
bonds due Dec. I, 1982. Purpose, for new construction aa4

550,945,489

5,773,644,000

113,874,062,738 93,612,800,500 20,261,262,238

Issued
»'

*1.757

*

-

*INTRA-GOVERNMENT FINANCING

*1.735

' 1.

Purpose, to repay bank loans and for new
Placed privately with Mutual Life Insurance
York and National Life Insurance Co.
-

1,200,112,000

c

+ *1.760

•

*

-

PUBLIC UTILITIES
■

Dec 261

6,930,514,280

•

1

>

•

2,001,987,000
453,000
126,000
302,778,589
3,262,000

1,300,266~600

.Total for December—

329,628,280

•

•

mortgage bonds dated Nov. 1, 1952 and due Nov. .1,
Purpose, refunding. Price, 100%
and accrued itv*
Offered by Kidder, Peabody & Co.; White, W< 11
& Co.; Glore, Forgan & Co.; A. G. Becker & Co., Im„;
Schoellkopf, Hutton & Pomeroy, Inc.; Wood, Struthers "i
Co.;
American
Securities Corp.; Weeden & Co.;. Ai~:<,
Brown & Sons; Cooley & Co.; Tucker, Anthony & Co.,
Courts & Co. Oversubscribed.

■

1,300,311,000 99.524
1,201,033,000 99.532+
1,202,093,000 .99.552
1,200,506,000
99.582+
1,577,423,000 100
329,628,280
a .
5,908,000 100 113,612,000 100

1,200,090,000 99.550
99.231
2,500,090,000
3,278,105,000
1,400,115,000 99.538
2,108,115,000
99.536
1.401.084.000
2,237,732,000
1,401,548,000 99.561
2,408,430,000
1,501,296,000 99.556
2,327,341,000
14 mos. 10,542,533,000 10,542,533,000 100
a
9%-12 yrs.
347,457,941
347,457,941
,
12 yrs.
3,272,000 100
3,272,000
2 yrs.
175,501,900 100
175,501,900
92

,

6,371,635,894

Total for September

Sep 26

.

terest.

3,029,522,841

1,301,003,000
1,500,752,000

1,300,719,000
1,300,013,000
302,778,589
3,262,000

<

Dec

Aug 26

Sep

& Co.

1977.

'

3,272,000

17,443,465,000

Total for November.—.

175,668,600

Hutchinson

3%%

.

347,~457~94l

2,001,987,000

bills
bills
bills
bds.
Depositary bonds..

*',,r

-

.

.

.

•

20,472,987,841

13
92 day Treas.
Nov 21 210 day Treas.
Nov 20
91 day Treas.
Nov 28
90 day Treas.
Nov
1
U. S. Savings

*1.903

,

$15,000,000 Southern Ry. and New Orleans & Northeastern RR. JoW?

C

•1.860

99.530
1,300,091,000
99.519
1,500,559,000
99.535
1,300,266,000
99.515
1,300,187,000
431,260,000 100
356,246,294
a
7,358,000 100
175,668,600 100

*

Iric.

$5,700,000 Seaboard Air Line RR. 2%% equipment trust tertificat+1,
series M, dated Dec. 1, 1952 and due semi-annually Ji* \9
1, 1953 to Dec. l, 1967, inclusive. Purpose, for new equip¬
ment. Price, to yield from 2.10%
to 3.00%, according »;o
maturity. Offered by Salomon Bros. & Hutzler; Drexel £3
■
& Co.; Union Securities Corp., and Stroud & Co., Inc.
•

16.763,866,531

1,934,791,000
2,336,776,000
2,082,519,000

Co.,

1,638,000

day

*1.810

Oct

>

ment. Price, to yield from 2.20% to 2.95%, according
maturity. Offered by Halsey, Stuart & Co. Inc., and

.

i,4o6,7i~5~666

91

Oct

" 7.

R.

and

Pomeroy, Inc.; Wood, Struthers & Co.; Auchincloss, Par' &g
&
Redpath; Alex, Brown & Sons, and Courts & Co.

.

'

113,612,000

1,200,090,000
2,500,090,000
1,400,115,000

161

Ocf

Inc.;

$2,430,000 New York, Chicago & St. Louis RR. 2%% equipment trail
certificates dated Jan. 1, 1953 and due annually Oct. J,
1953 to Oct. 1,
1967, inclusive. Purpose, for new equ:'>>

329,628~280

113,612,000

day Treas. bills

92

8

9

1.718

Inc.;

Co.

$11,625,000 New York Central RR. 3Vb% equipment trust certificn7*ia»
dated Jan. 1, 1953 and due annually 1954-1968, ipclusi /5.
Purpose, for new equipment. Price, to yield from* 2.40/&
to 3.30%, according to maturity. Offered by Salomon Br *3.
& Hutzler; Drexel & Co.; Union Security Corp.; and Stroml

•
•

v

&

6,480,437,000

2

2%

&

'

Oversubscribed.

446~000

6,930,514,280

Oct

Nov
'

356,246,294
7,358,000
175,668,600

329,628,280
5,908,000

*1.793

*1.877

"

accrued interest. Offered by Kidder, Peabody & Co.; Wh'.Vj,
Co.; W. E. Hutton & Co.; SchoeUkopf, Hutton £g

,

■

:

1,200,257,000 99.548+
99.547
1,400,233,000
99.542+
1,400,395,000
99.532+
1,400,110,000
99.526
1,500,622,000
4,963,097,000 100
4,248,437,500 100
a
367,200,431
4,861,000 100
278,653,600 100

Stuart

Pollock & Co.,

Co'.

&

Weld &

1,300,077,000
1,200,784,000
1,202,093,000
1,200,060,000
1,577,423,000

1,577,423,000

Total for October

July 31 Aug 7
91 days
Aug 7 Aug 14
91 days
Aug 14
Aug 21
91 days
Aug 21
Aug 28
92 days
Aug 4 Aug 15
1 year
Aug 1-31 Aug 1 9%-12 yrs.
Aug 1-31 Aug
12 yrs.
Aug 1-31 Aug i
2 yrs.

,

5,832,363,000

1,200,506,000

Halsey,
Wm. E.

Co. 3%% first mortgage bor ?,3
due Nov. 1, 1977. Purpose, refunding. Price, 99.197% r,rvl

September—

Oct

26

by

Hutchinson

| $8,000,000 New Orleans Terminal

Master

Price

Offered

Master

.

Oct

Jun

tUrity.
'

•

<

6,371,635,894

August

Depositary bonds—
Tax antic'n notes.

Total

-

.

*

;

.

356,246,294
7,358,000
175,668,600

1

$

.

$2,640,000 Nashville, Chattanooga & St. Louis RR. 27/a% equiprn rt
trust certificates, series H, dated Dec. 15, 1952vand d" 3
annually 1953-1967, inclusive.-Purpose, for new equipmr X
Price, to yield from 2.25% .to 2.975%, according to .n*. v-

431,260,000

91

Aug 14

Sep

$

*

Pressprich & Co.;

1,300,091,000
1,500,559,000
1,300,266,000
1,300,187,000

7

1

.

Co.; McCormlck & Co.; Mullaney, Wells & 'Co., and I1. U.
Yantis & Co., Inc.
".

.

.

i

Aug

Sep

1952

6,399,774,531

10,364,092,000

1,300,091,000

—

1 yr. ctf. of indebt.
U. S. Savings bds._

•

„

J

.

Total for July

92

Accepted

$8,520,000 Great Northern Ry. 27/s% equipment trust certificates fin*
semi-annually July 1, 1953 to Jan. 1, 1968, inclusive. Pur¬
pose, for new equipment. Price, to yield from 2.15%
t *
2.95%, according to maturity. Offered by Halsey, Stup.it
&
Co. Inc.; R. W. Pressprich & Co.; L. F. Rothschild
<& Co.; Baxter, Williams & Co.; Freeman & Co.; Wm. 7'.
Pollock & Co., Inc.; Gregory & Son Inc.; Ira Haupfc "s
r
Co»;- Hayden, Miller & Co.; The Illinois Co.; McMas'f »*
Hutchinson & Co.; The Milwaukee Co.; William Blair
.9

4,963,097,000

4,248,437,500

1

antic'n

annually to Jan. 1. 1965,
inclusive. Purpose, for no*v
equipment. Price, to yield from 2.15% to 2.90%, accordtorj*
maturity. Offered by Halsey, Stuart & Co. Inc.; R. Vf.
Pressprich & Co.; L. F. Rothschild & Co.; Freeman «"«
Co.; Ira Haiipt & Co.; The Illinois Co.; McMaster Hutchinson & Co.; Wm. E. Pollack & Co., Inc.; Gregory £&
Son, inc., and Mullaney, Wells & Co. ;l, to

•$

1

Aug 15

Due

certificates, series O, dated Jan. l, 1953 and. due serrd'

6'809,709,414

July

Sep 25

.

$$4,440,000 Chicago, Rock Island A Pacific RR. 2%% equipment trrTt

]

1,400,395,000
1,400,110,000
—1,500,622,000

Tax

1,400,395,000

1,400,110,000^

•

RAILROADS

New

1,500,622,000

bills

Treas.

)

(Issues Maturing

Later Than Five Years)

-f

the

91-day Trees, bills

-91-day

of Treasury Bills.

Dated

Long-Term Bonds and Notes

at

July 31

1,201,033,000
1,202,093,000

Offered

Capital Flotations
During December, 1952

1,200,257,000 % 1,200,257,000
1,400,233,000
1,400,233,000

1,300,311,000

•

Details of New
•

Indebtedness

$

Total fur six months— 49,126,600,914 42,316,891,500

day Treas. bills
day Treas. bills

DURING

Service

approximates

Interest

Total Amount

$

1

3,246,817,OU.

special series certificates and notes; certificate^

Adjusted Service Certificates Fund and Unemployed Trust Fur.7!
and Survivors Insurance Trust Account
Retirement Fund,
Foreign
Service Retirement Fur.rl.
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postrd
Savings System, Government Life Insurance Fund, National Serv'ca
Life
Insurance
Fund,
Federal Deposit Insurance Corporation,
&*_A
Federal Savings and Loan Insurance Corporation.
tNet retired.
Civil

FUNDS

Security

July 3
July 10
July 17
July 24

>

notes to Federal Old Age

and

■

OF

Type of

'

these

day of the month in which
Notes sale began on May 15,

"*

per annum.

USE

j

>

22,299,C:

Total for 12 months- 29,338,914,000 26,092,097,000

2687,

page

first

the

Savings

and

par

11,

Aug.

from

Treasury

day Treas. bills

Amount

j

j 'Comprises sales of

;

day Treas. bills

Amount
Applied for

Total for December

Treasury notes of Series D began Sept. 1, 1948 and Interest accrues
each month.
If held to maturity or three years, interest approximates

91

-

;

c

91

-

Certificates
Notes

$200,000.

For

91

*

November.

Annual

4

*

for

December—

replace Series F and G Bonds, respectively,
May 1, 1952.
Series J and K yield a return of 2.76% when
to maturity, instead of the former rate of 2.53%
for F Bonds

-higher than those of F and G.

toar

)

AND K—These

18

Savings Bonds, Tax Anticipation Notes

—

sold to

*

•and

30,005,01*

113,874,062,738

Sep

®ate.

Total for October.^

6,324,589,489

SERIES
Beginning May 1, 1952.
Overall interest rate raised
,from 2.9% to 3%'compounded semi-annually when held tp maturity.
jHigher rate achieved by .shortening the maturity of the Sereis E Bond
from 10 years to 9 years, 8 months.
Interest starts accruing at the
end of 6 months instead of one year.
Also the yield is higher in each

of

61,350,Cr. )

$31,345,COO

November—

,

SERIES J

<

'

Total

Total

STATES TREASURY FINANCING

i

a

7,550,000

Sep 11

UNITED

53,733,'J

Notes

7,550,000

received, and the balance not exchanged

Depositary Bonds. \

19,833,F /»

Certificates

above,-confined its operations to the usual weekly sale
and

110,306,000

33,900/ r i

"2.138

873,123,000

Total for

redeemed in cash.

."The Treasury Department in December outside of the

,,

164,039,600

for September—

'

40,000,000
70,306,000

*2.228

'Average.1 rate on a bank discount basis,
a Comprised of three
^separate series', all of Which were changed as follows:
»'

received and aK

debtedness of Series C-1953, on an exchange basis, at par

1,1952; in the

73,900,000
90,139,600

j.

99.443

Nov.

lotted to the offering of 2%
Treasury Certificates of In¬

and

>

'

October—

'

July

were

1

98.460

j

July

Treasury Financing in December

28, that $873,123,000 subscriptions

361,175,'J'

1,200,112,000

July

Tot. cai. yr. 403,251,314 303,171,201 399,570,133 350,165,338 282,256,704

Secretary of the Treasury Snyder announced

89,825,000

SeptemberCertificates

15,293,474

24,766,550
10,950,161

191,639,673 151,248,802 133,184,851 180,092,730 I25,38i;i94

mos.

451,000,000

—

1,200,217,000

July

Tot.-6

—

Total for August

1

(

1

.

99.471 + *2.091

375,269,589

2 yrs.

Dated

29,082.761

83,275,000

99.482 + *2.049

I2.yrs.

December.:

211,611,641 161,924,399 266,385,282 170,072,608 156,875,510

July
August

136,000,000

308,450/
52,725/

1,300,050,000
1,200,142,000

9Vi mos.

39,733,669;:

36,275,734

1948
.

6,550,000

;

Total

;

NEW FINANCING

$

$

315,000,000

Notes

i

1951

June___—

c

'12,yrs.

Dec 1-31 Dec

account, and present the results

1952

May

100

173,353,200

1,835,680,000

4

have

interest

whatever

*1.877

7,883,867,789

Dec

no

in the table below:
ISSUES

2 yrs.

1

Net Issr.??zJ

$

98.923+ *1.846

99.517+ *1.931
1,300,013,000
a
* ,a
302,778,589
2
3,262,000 100

for' November—!

Total

as

tabulated
may

Of

involved

proceeds of the sales.

12 yrs.

Nov 1-30 Nov

of large blocks of

been outstanding for some

'

securities

1,862,552,000

302,778,589
3,262,000

Total for

desiring to liquidate all or part of their holdings, prefer
do so by making a public offering of the securities

whose

90 days
9%-12 yrs.

(Dec 1-31 Dec

to

involved.'

28

Nov 1

;Nov 1-30 Nov

Issues Net Representing New Financing
securities which have

Nov

Nov 1-30

Retired

$

%

Notes

1 The total volume brought out during 1952 by entities
grouped under this classification aggregated $2,146,360,430, as compared with $2,066,205,000 in 1951, $1,385,715,000

1950, $1,176,210,500 in 1949, $1,052,220,000
$661,215,000 in 1947 and $861,150,000 in 1946.

Yield

August—
Certificates

Nov 27

in

Issued
Price

It

—.

240,988,400
.

205,988,400

•Represents issues placed privately.

m

$Indicates issues, sold competitively,

flndicates special offering.

1

'

i

jiizmi

12

The Commercial and Financial Chronicle...
Monday, April 27, 1953

(1796)

•1,680,000 Monroe Auto Equipment Co. 5%

(Continued from page 11)

Purpose,

I

f

♦1,500,000 National

par.

holders.

Halsey,

*20,000,000 El

due

Gas Co. 3%%
Purpose,
for

privately

1968.

Placed

1977.

Purpose,

struction.

-

vately

to

bank

repay

Dec.

debentures due Sept.

loans

and

for

•900,000 Minneapolis Gas Co. first mortgage 3%%

$20,000,000 New

England

debentures

due

and

,.

•1,500,000 Sierra

Trust

ranged

through

Dean

Life

Insurance

Stone

Witter &

This

Co.

Webster

6a

Coast

Purpose,
The

for

New

tual

new

York

Insurance

Life

Co.

Life

Insurance Co.

New

of

York,

Placed

privately

with

W.

National

for

•1,000,000 Smith

Loeb

Kuhn,

&

Deane

&

500,000

Co.;

investors
and

(including

John

Steel

1956-1967,

stock

of

Hancock

loans

100%

Marsh

Products

Investors

and

and for
accrued

due

Dec.

Redpath;
Boenning

Bailey
6a

&

1967.

Boettcher

Co.;

Brown,

Lisle

Chace,

Whiteside,

&

Claybaugh
Co.;

note

Pur¬

West

1,

50,000

5%

6a

Francis

&

I.

Co.;

&

Co.,

Parker

Simonds

Co.;

8.

duPont

Cleveland

&

Corp.;

&

Co.;

Co.;

Foster

6a
&

Brown

bach

&

Co.;

Kalman

In¬

&

Meeds;

ETC.

A.
&

&

Dempsey-Tegeler

C.

A.

and

Kidder &

M.

&

Lester,

&

Hewitt;

Loewi

Co.;

Co.;

Peters,

Writer

&

Co.,

Inc.;

Co.;

Rothbern

&

Quail

Co.;

& Co.;

Reynolds

Metropolitan

Mutual

Life

Life

Co.;

Penn

Mutual

Life

Insurance

Co.

&

Stiver

Co.;

&

Co.;

Shearson,

Mines,

Inc.

6%

to

subordinated

purchase

sinking

common

properties.

Placed

Co.)

fund

Zuckerman, Smith 6a Co.

,

Mutual

♦100,000,000 Union Carbide

notes

notes

for

due

Sold

one

Placed

privately

investors (including
Insurance Co.) through

Life

Rowles, Winston &

&

Nov.

A.)

Sons

Corp.

Drexel

See

Colorado

par.

through Kuhn,

For-

Smith, Barney & Co.

Roebling's
(John
Corp. above.

W.

&

Schaefer

&

Co.;

Shields

&

•

Lundborg & Co.

•1,000,000 Black,
due

Sivalls

Aug,

privately

1,
to

Yantis

Co.

•7,000,000 Bohn
due

&

and

1,

&

Brass

1967.

Corp.,

Purpose,

to

Placed

4'/4%

promissory

repay

bank

privately

of

a

of

no

corporate purposes.
Insurance Co.

tures

j
o

due,

for
1st-

6a Root

Nov.

Sold

1,

1,

|

Purpose

1952

Offered

and

due

and

Carbon

1,

y 23,909,984

and Henry Herrman 6a Co.

Corp. 3%%

100-year promissory

Purpose,

2051.

expansion

for

Co.

subordinated

Purpose,

to

company to

'

4 lA%

promissory note duo
general corporate purpose*.

for

institutional

2,

1953

investors

through

Banks

2%%

and due Oct.

consolidated de¬

1,

1953.

Purpose^

consolidated Federal Farm Loan

interest.

Offered

Macdonald G.

by

agent.

Jan.

2,

2 V2%

1953

consolidated Federal Farm Loan
and

stated

par

value

"

due

Nov.

1,

1954.

Purpose^
Offered

taken

are

at

while

par,

pre-

Oct.

1,

Purpose,

by C. F.

1962
for

privately

Price,

to

Penn

Cassell

6a

15-year

4%

notes

due

Mutual

accrued

100%

Barret,

stock

purchase

working capital.

Price,

warrants
at

par.

promissory

notes

r

i

R.

1,

1,

Sold privately to Northwestern

!

"

by Eckhardt-Petersen
i

Reclaiming Co. 45/4%
promissory notes
Purpose, for expansion and working
privately to Prudential Insurance Co. ef

I
'

J

Purpose, for expansion program.

institutional

investors

through

I

t.

Placed privately
& Co.,

debentures due Dec. 15,

Price,

at

♦17,000,000 C.I.T.

1964.

subordinated

Offered

par.

Purpose, for working capital.

Offered

Financial Corp. 3Vs% promissory
Purpose, for working capital.

15 Va

1958.
29

Mutual

institutional

Life

Insurance

*

1

Hutzler.

.

investors

\

Co.)

(headed

through

notes

due

June

Placed privately
Northwestern

by

Salomon
;

".

&

Co.;

Paul

H.

Davis

&

Co.;

Dick & Merle-Smith;
Inc.; Dominick & Dominick; Doyle,
Drexel & Co.; Francis I. du Pont dr

&

of

Chicago;

Co.;

First Southwest Co.; Foster A
Reid & Co.; Goldman, Sachs & Co.;
Granbery, Marache & Co.; Hallgarten

&

Co.; Harriman Ripley & Co., Inc.; Harris, Hall & Co.
(Inc.); Carter H. Harrison & Co.; Hayden, Miller &
Co.;
Hayden, Stone & Co.; Hemphill, Noyes & Co.; H. Hent*
& Co.; Henry Herrman &
Co.; J. J. B. Hilliard & Son;

Howard, Weil, Labouisse, Friedrieh*
Co.; E. F. Hutton & Co.; W. E.
Illinois Company; Indianapolis Bontf
and Share Corp.; Johnston, Lemon & Co.;
Jones, Kreege*
•Sa
Hewitt; Kidder,
Peabody & Co.;
Kirkpatrick-Petti*
Co.; Kuhn, Loeb & Co.; Laird, Bissell 6a
Meeds; W. C.
Bangley & Co.; Lee Higginson Corp.; Lehman Brothers;
&

Co.;

Hurd,

6a

M.

Co.;

Loeb,

Clegg &
The

Rhoades

•

Bros.

&

1

1

Co.;
&

Loewi

Co.;

6a

Co.;

McDonald

Irving
Co.;

&

Mason-Hagan, Inc.; A.E.Mas-

Co.; Merrill, Lynch, Pierce, Fenner & Beane;
Merrill.
& Co.;
The Milwaukee Co.; Mitchum,
Tully 6a
Leonard & Lynch; Morgan
Stanley & Co.;
F. S. Moseley &
Co.; Mullaney, Wells & Co.; W. H. Newhold's Son & Co.;
Newhard, Cook & Co.; David A. Npyea
& Co.; The Ohio
Company; Pacific Northwest Co.; Paine.
Webber, Jackson & Curtis; Piper,
Jaffray & Hopwood;
Prescott, Shepard & Co., Inc.; R. W. Pressprich &
Cb.;
Putnam 6a Co.; Raffensperger,
Hughes 6a Co. Inc.; Relnholdk
&
Gardner; Riter & Co.; The
Robinson-Humphrey Co^
Inc.; Robinson and Lukens; Rodman &
Linn; L. F. Roths¬
child & Co.; Salomon Bros. &
Hutzler; Scott, Horner A
Turben

Co.;

1

&

Lundborg 6a Co.; McCormick
Laurence M. Marks & Co.;

I

convertible

stockholders.

wth

,

Dain

Dempsey & Co.;

ten &

by company for subscription by
Underwritten by Dargan & Co. and
Citizens Trust Co. of Greenwood, S. C.
common

Fulton,

Carl

Eberstadt

F.

Co.

Hutton

promissory notes due Dec.

ng capital.
Price, at par and accrued interest.
by C. K. Pistell & Co., Inc. Oversubscribed.

1

M.
Co.

Hornblower & Weeks;

•

.

$500,000 Allpark Finance Co., Inc. 6% convertible sinking fund 10year debenture notes due June 30, 1962. Purpose, for work-

..

J.
Co.;
&

Marshall;
Goodbody

MISCELLANEOUS

.

Read

Securities
i

i

•3,900,000 Medusa Portland Cement Co.
4'/4% promissory notes due
Dec. 1,
1960-1967, inclusive. Purpose, to repay bank loans

Co.;

Day &

&
Co.;
Elworthy & Co.; Emanuel, Deetjen & Co.; EquitabI*
Corp.; Estabrook & Co.; Fahey, Clark & Co.;
Farwell, Chapman & Co.; First of Michigan Corp.; First

first

1972.

Sold

1967.

with

seml-

&

L.

O'Connor

Inc.

insurance companies.




Offered

200,000 Atlantic Finance Co. 12-year 6%
due

Dillon,

1967.

SHIPPING

by

Fitch, North & Co.; Bear, Stearns & Co.; A. G.
& Co. Inc.; Betts,
Borland & Co.; Blair, RolHnk
Inc.; William Blair & Co.; Blunt Ellis & Simmon*;

Inc.; Coffin & Burr, Inc.; Julien Collins & Co.; Courts k
Crowell, Weedon & Co.; Cruttenden 6c Co.; Curtiss;

House

•

interest.

•$1,350,000 American Barge Line Co. 514%

attached).

Co.

Co.;

Rubber

Dec.

America.

15, 1955 to Aug. 15, 1967, inclusive.
working capital.
Placed privately with two

»?dx f0,r ?'orkin8 capital.

accrued

interest.

Offered

cum,

Blyth & Co., Inc.; Boettcher and Co.; Bosworth, Sullivan
Co., Inc.; J. C. Bradford & Co.; Alex. Brown & Sons;
Brush, Slocumb & Co. Inc.; H. M. Byllesby & Co.;
(In*.);
C. F. Cassell & Co., Inc.;
Central Republic Co. (Inc.);
Clark, Dodge & Co.; E. W. Clark & Co.; John W. Clark*

Inc.

capital.

annually from Aug.

Mutual Life Insurance Co.

and

Co.,

*$2,000,000 Midwest

without underwriting.

underwriting,

1,155,730 shares of $1.40

&

in¬

RUBBER

due

without

Securities

&

deben-

stockholders,

pfd. stock (par $25). Purpose, for new construePrice, $31 per share to stockholders and $34.62% tk
public.
Offered by company for subscription by common
stockholders.
Unsubscribed shares (70,944) underwritten

Becker

mortgage bonds dated Feb. 1, 1953 and due annually 19541963,
inclusive.
Purpose,
for
new
construction.
Price,

Life

Insti¬

eight

Co.;

$150,000 St. Philip's Ev. Lutheran Church (Chicago, III.) 4Vi%

Nov.

sinking fund debentures

*3,000,000 Liquid Carbonic Corp. 4%%
for

Corp.

privately to

Cleveland Electric Illuminating Co. 552,832 shares of com¬
mon stock (no par).
Purpose, for new construction. Pricey
$43.25 per share.
Sold by company by subscription ta

I

Oil

Sold

"

Glore, Forgan & Co.; The First Boston Corp.; E. M.
Adams & Co.; A. C. Allyn & Co., Inft.; American Securitie*
Corp.; Ames, Emerich & Co., Inc.; Bache & Co.; Bacoiv
"Whipple & Co.; Robert W. Baird & Co., Inc.; Baker, Wattk
& Co.;
Baker, Weeks & Harden; Ball, Burge & Kraus;

general

for'other

sinking fund

100%
and
Co., Inc.

Corp.i 5'/,%

(with

for

construction.

by

$46,000,000

S.

first mortgage 5% bonds dated Dec.
serially Dec. 1,
1953-1961, inclusive.

company to public,

Purpose,

Western

stock ark

common

tion.

>

six other

all classes of

conv.

\

1

Placed privately with institutional investors
Loeb & Co.; The First Boston Corp., and

and

new

36,084,802 Commonwealth Edison Co.

and

Co.

Co.

value and

par

investors.

common

program.

of America

for

tutional

and

F.

1967.

refunding.

100,000 Hoosier Crown

K

7%

years.

PUBLIC UTILITIES

corporate purposes.
Placed privately
with Institutional investors
through Eastman Dillon 6a Co.

Purpose, to repay bank loans
working capital. Price, at par and accrued inby company, without underwriting. Smith
of Brie, Pa., acted as
distributor.

80,000 Henderson & Ervin

j

-

Life Insurance Co.

J.,

20

•$3,000,000 Atlanta Gas Light Co. 30,000 shares of 4.60% cumulative
preferred stock (par $100). Purpose, to reduce bank loans

LAND, BUILDINGS, ETC.

300,000 Erie Meter Systems, Inc. 15-year 6%

I >

Insur¬

computed at their offering prices.)

companies.

*6,000,000 Pacific

due

I

Jaa.

working

STOCKS
stocks
stocks

ferred

Service

surance

notes

loans

through

and

!

due

for

Offered by

par.

Inc.

with

accrued

date

(Preferred

Oversubscribed.

Northwestern Mutual Life Insurance

America.

f
J

N.

or

notes

and

Prudential

to

Mutual

15

at

Purpose,

fiscal

.«'•

first mortgage bonds due Nov. 1,
1962.
Purpose, to retire short-term
incurred
loans
for
plant expansion. Placed privately through G. W. Warnecke
6a Co., Inc., with institutional investors.

Purpose,

Aluminum
Nov.

Mallen, McMicking & Long.

•3,000,000 Continental-Diamond Fibre Co.
promissory note due
1, 1967.
Purpose, to retire bank loans

j

th*

$314,940,000

OIL

.

.

Markets,

1965.

privately

and

bonds

Refining Corp. 4%
promissory notes due
Dec. 1, 1972.
Purpose, for expansion and working capital;
Placed
privately through The First Boston Corp. with

*15,000,000 Burlington Mills Corp. 3.90%
promissory notes due Nov.
1, 1972. Purpose, for acquisition
of Peerless Woolen Mills.
Placed privately with
Prudential Insurance Co. of

,

fo*

with

refunding.
Price, 99%%
and accrued
interest.
by Macdonald G. Newcomb, fiscal agent.

6a Co.

*$40,000,000 Cities

Bryson, Inc. 4.25%
unsecured
notes
1968.
Purpose, for working capital.
Sold
five
institutional
investors
through F
S

working
capital.
Moseley & Co.

,

Penn

10,

Price,

100,500,000 Federal Land Banks

$274,785,000

&

for

j

Super

Newcomb,

•1,425,000 Whitney Chain Co. 4%%

Steel

OTHER

J

loans.

and

privately

($1,050,000)

privately

Denville,

in

($700,000)

York.

New

without underwriting.

99%%

Co.;

Co.;

privately to Prudential Insurance

Price, at

North-

Glore,

INDUSTRIAL AND
MANUFACTURING
•$500,000 Ampex Electric Corp. 6% debentures due
1962 (with com¬
mon stock purchase
warrants attached).
Purpose, for general corporate purposes.
Placed privately
through, Irving

J

of

Under¬

subordinate

bonds

&

|

small

and

Co.

mature

to

$50,009
fa*

dated Jan. 2, 1953 and due May 1, 1958.
Purpose,
refunding ($85,300,000) and to repay commercial bank
borrowings and for lending operations ($45,700,000). Price,

*75,000,000 Westinghouse Electric Corp. 330-year debentures due
Dec. 15, 1981. Purpose, for
expansion and working capital.

due, June

$58,500,000

;

Sold

due

Purpose,

(Neb.).

subordinated

refunding

America

of

& Co.;

Corp.
4%-4%%-4%%
15-year
notes.:
Purpose, to repay bank loans and for working capital.
J
Placed privately with institutional investors through
Paine,

Metropolitan Life Insurance
bonds

with nine leading institutional
gan & Co. and

1

A,

4.58%

Placed

of

4%%

Corp.

J.)

N.

refunding

Co.

131,000,000 Federal Land Banks 23/4%

•2,000,000 Symington-Gould

through

stock). Purpose,
privately with

Herbert

Hammill

Webber, Jackson & Curtis

warrants

western

1

Purpose,

Finance

1,

Co.

1962.

refunding. Price, at par. Offered by Macdonald G. Newcomb, New York fiscal agent.

&

Fairman & Harris, Inc.; Stein Bros. & Boyce; Stet¬
Securities Corp.; Stix 6a Co.; Straus, Blosser & Mc¬
Dowell; Stroud & Company, Inc.; Trubee, Collins & Co.;
Wagenseller & Durst, Inc.; Wilson, Johnson & Higgins,

Insur¬

Insurance

Saunders,

Shaver

promissory notes due, Dec.
Purpose, to purchase common
Co.
Price, at 100%. Placed

•40,000,000 Reserve Mining Co. first mortgage 4V4%
1, 1980. Purpose, for new construction.

1

series

inclusive.

and accrued interest.

($1,300,000).

Christensen, Inc.; Pres&

1962,

(Newark,

Insurance

bentures date Jan.

Laird, Bissell &

Co.;

Ryons

due

Farm Loan and Government Agency Issues

Co.;

Robbins &

D.

Kreeger &

to

$83,440,000 Federal Intermediate Credit

&

& Company; The
Marshall; S. D. Fuller

Jones,

1961.

Purpose,

Co.

pur¬

Insurance

note

$44,853,333

Co.;

Mason-Hagan, Inc.; A. E.
Mead, Miller 6a Co.; The Milwaukee Com¬
Webber,
Jackson
6a
Curtis;
Penington,

Co.;

Shepard

Snyder;

Brothers;

Lomasney

Paine,

Colket

&

Co., Inc.)

Lehman

D.

cott,

Ingalis

subordinated

debentures,

1953

($6,000,000).

Peoples

corporate

Life

•400,000 Union Investment Co. (MIeb.) 4XA% serial notes due 1954k
1960, inclusive.
Purpose, for general corporate purposes.
Placed privately with an institutonal investor.

Goodbody 6a Co.; Granbery, Marache & Co.; Gross,
Rogers, Barbour, Smith & Co.; Hallowell, Sulzberger &
Co.; Hannaford & Talbot; Hayden, Stone & Co.; H. Hentz
& Co.; Hickey 6a Co., Inc.; Hirsch 6a
Co.; Hopkins, Har-

In¬

5%

promissory notes

general

Co.;

Ferris
&

con-

Hancock

sub¬

Fitzgerald & Co., Inc.;
Winslow, Inc.; Childs, Jeffries

Da vies

new

and for working capital
privately with Mutual Life Insurance

Corp.

Finance

Placed

by F. Eberstadt
Emerich

Ames,

C.

John

Hemphill, Noyes & Co.

convertible

Auchincloss,

for

Metropolitan

Price, 100%

capital

1963.

June

to

5%

from

Life

•1,000,000 Publix

& Co.;

Co.

development of
private investor.

I

due

make

Baker,

and

for

to

($688,000)

Corp.

1

debentures

other

one

Cantor,

&

and

privately

by The First Trust Co. of Lincoln

•7,050,000 Pacific

Inc.; Richard W. Clarke Corp.; Blair F.
Co.; Clayton Securities Corp.; Cohu 6a Co.;

Collins

First

Marshall;

&

Thorndike,

Julien

and

Co.

Underwritten

Davidson;

($1,833,333)

Sold

Corp.

Placed

Finance

working

1, 1967.
Purpose, to repay
and working capital. Price,

expansion
interest.

'

York.

Steel

capital

Inc.,

Co.,

through

promissory notes due Dec. 1»

Purpose,

refunding

Nov.

written

Placed privately
through Robert

purposes.

& Co., Inc.;
Wistar Ambler Co.;
Inc.;
Arthurs, Lestrange 6a Co.;

Seamless Tube

with

&

(with

i

Service

New

•2,000,000 Meter

Wertheim

due,

notes

1967.

working capital.

York.

debentures

bank

Co., .4V2%

inclusive.

Ohio

privately
Riter

•500,000 Haile

!

of

each

Co. 4%% sinking fund note due,
refunding ($575,000) and for expansion
privately with The Mutual Life In¬

Coil

for working

privately
t

refunding

privately

($1,000,000).

Scribner;

&

Corp.;

15;

Purpose,
Co.

&

through Lehman Brothers.

New

Placed

Insurance Co.

Sold

son

1,

'

Kalman

Dec.

Lumber

of

unit.

Corp. 3%%

($1,000,000).

•1,688,000 Lincoln

Morgan Stanley
Webber, Jackson &

Insurance

dus

Sills,

Co.

•4,000,000 Copperweld

i

due

3%% promissory notes due, May
working capital, etc.
Placed pri¬

Life

Stores

Life

poses.

Co.;

Placed

Co.

ordinated

through Allen 6a Co.

\

T.)

5,000,000 Standard

stitutional
ance

,

promissory

debentures

Inc.

•l.OOOtOOO Interstate Department Stares, Inc. 4M>%

public,

Purpose,

surance

bonds, due Dec. 31, 1967.
Purpose, to finance, in part,
purchase of assets of John A. Roebling's Sons Co. Placed
privately with a group of insurance companies and in-

1

&

Rhoades

Securities

corporate

Investor

($425,000).

pany;

(

general

(W.

1967.

•$14,000,000 Colorado Steel Corp. (name changed to John A. Roebling's
Sons Corp.) first mortgage 15-year sinking fund
^4'/2%

.,

Mutual

Dean Witter & Co.; Harold E.
Woodard-Elwood 6a Co.
Oversubscribed.

and

Co.,

Purpose,

ance

$124,919,300
COPPER,

Co.,

&

struction

,

.

Co.;

White, Weld & Co.;
&

Masten

STEELr COAL,

Union

Co.;

1, 1977.
Purpose, for
vately with New York

Mu¬

Life

1964.

Beane;

a
group of Institutional
Baird & Co., Inc.

Co.;

IRON,

6a

•30,000,000 Radio Corp. of America,

Placed privately with

Bankers

Co.;

pose,

1977.

Life

Co.;

Loeb,

&

with

Massachusetts

&

Weeks;

M.

S.

•1,300,000 Pressed Steel Tank Co.,

Co.

surance

Peabody
Carl

Fenner

subordinated

Films for Telcvison, Inc. 5% subordinated debentures dus
1958 and 1,820 shares of class B stock in units of one
$500
debenture and five shares of stock.

Mutual

•100,000 Yardley Water & Power Co., 25-year 4V2% mortgage loan.
Purpose, to retire bank loans and for capital improve¬
ments..

Kidder,

Pierce,

Barney

Wood

Placed

due

Bankers

Hornblower &

5%

Purpose, to reduce debt, for expansion and working
Price, at par and accrued interest. Offered bj

•2,833,333 Franklin

Blyth
Phillips Co.;

Dillon

Eastman,

Moseley 6a Co.; Paine,
Shields & Company; Singer,

Smith,

financing was ar¬
Corp. and

Co., $600,000; and
Nebraska, $150,000.

of

F.

6a

Son;

notes

Placed

Simmons;

Caldwell

Sons;

Co.;

&

Brothers;

Lynch,

Co.;

&

Inc.;

Lehman

Curtis;

$1,000,000: Mutual Life

$75,000;

&

&

Stearns

Inc.

working capital.

company.

Purpose,

Sachs

Goldman,

&

for

Purpose,

Co.,

through

subordinated unsecured

insurance

an

capital.
Price, $500 per
Bruns, Nordeman & Co.

due

(Inc.); Clark Dodge & Co.; J. M. Dain

Davis

Hilliard

B.

J.

1,

Securities

debentures

Bear,

Ellis

Blunt

Brown

H.

Paul

Institutional

Insurance

Co.

surance

4',4%
construction, etc.
Co.,

debentures

by

Hopwood;

&

Inc.;

Co.,

Alex.

&

Co.

Telephone

•182,000

refunding

Underwritten

Jaffray
&

Merrill

•5,000,000 Tucson Gas, Electric Light & Power Co. 3%% first mort¬
gage
bonds due,
1982.
Purpose,
for general corporate
purposes.
Placed
privately through Blyth & Co., Inc.
and The First Boston Corp.
*2,500,000 West

Co.;

Co.;

Placed privately with Connecticut General Life InCo.; Teachers' Insurance and Annuity Association
America; Equitable Life Insurance Co. of Iowa, and

Mutual

Inc.;

Piper,

Company,

tion.

of

Co.,

J.

surance

-

,

fund

1958.

Finance

1983.

Farwell, Chapman & Co.; The
First Boston Corp.; Fulton, Reid & Co.; Goodbody & Co.;
Harriman Ripley & Co., Inc.; Harris, Hall & Co., (Inc.);

Pacific Power Co. 3%% first mortgage bonds due
Purpose, to repay bank loans and for new construc¬

1982.

sinking

15,

Co. 3'/2%

Purpose^

privately

capital.

Equitable Securities Corp.;

Service Co. of North Carolina, Inc. 4>/2%
first
mortgage bonds due Jan. 1, 1977.
Purpose, for new construction.
Sold privately to institutional investors through
The First Boston Corp.

•

Becker

&

•2,500,000 Public

•

G.

6a

Oversubscribed.

Corp.

Co.;

Central Republic Co.

Telephone & Telegraph Co. 25-year 3V4%
Dec. 15, 1977.
Purpose, to repay advances

Securities

250,000 Crown

for working
Connecticut

Hodson

3'/s%

interest.

accrued

61

from American Telephone 6a Telegraph Co. Price, 101.721%
and accrued interest.
Offered by Kuhn, Loeb & Co. and
Union

debentures due July

Co.

Purpose,

1972.

A.

bonds, series D,

due May 1, 1977.
Purpose, for new construction.
privately with nine insurance companies.

Inc.

June

Credit

privately with

($13,348,000) and for
expansion and working capital ($3,652,000). Price, 100'A %

Price, 101.72% of principal amount. Sold pri¬
institutional investors through Putnam & Co.

to

Mills,

1,

con-

new

due

Co.

surance

privately with four insurance companies.

*10,450,000 Hartford Electric Light Co. 3%%

•10,000,000 Commercial

1,

17,000,000 Pillsbury

Telephone Co. of Indiana 3%%
first mortgage
Purpose, to repay bank loans and for new con-

bonds.

struction.

Insurance

bonds due 1970.

general corporate purposes.
Placed
E. Ray Allen & Co.,
Inc., Chicago.

York Air Brake Co. 3%%
promissory notes due
1958-1967, inclusive. Purpose, for expansion and
working capital.
Sold privately to Metropolitan Life In¬

$15,000,000 Florida Power Corp. 3%% first mortgage bonds due Nov. 1,
1982. Purpose, to repay bank loans and for new construc¬
tion.
Price,
101.804 and
accrued
interest.
Offered by
Kidder, Peabody 6a Co.; Merrill Lynch, Pierce, Penner &
Beane;
Bear,
Stearns & Co.;
Goldman, Sachs & Co.;
Wertheim & Co.; Hallgarten 6a Co.; P. S. Moseley 6a Co.;
Harris, Hall & Co. (Inc.); Laurence M. Marks 6a Co.;
Stroud 6a Co., Inc.; A. M. Kidder 6a Co., and Grimm 6a Co.

i

3%%

Inc.

first mortgage

for

investors.

Life

Dec.

*2,400,000 Fall River Gas Works Co. 4%% first mortgage bonds due
Dec. 1, 1972. Purpose, refunding ($1,500,000) and for new
construction ($900,000).
Placed privately.

•2,000,000 General

•200,000 City Gas Co. 5%

to

•3,000,000 New

institutional investors.

12

to

new

Products,

11

to

General

mortgage pipe line
construction.
Sold

first

Starch

1962.

Purpose, refunding ($1,000,000) and
($1,000,000).
Placed privately
with

2,

Sold

convertible subordinate
Purpose, for working capital.

capital

bank loans and for
Offered by company

Natural

Paso

bonds

1,

1967.

expansion.

for

5%

10-year

Sold

par.

•2,000,000 National

expansion program.
Price,
for subscription by stock¬
Unsubscribed portion ($315,600) underwritten by
Stuart 6a Co. Inc.

at

Corp.

privately

at

six-year promissory note.

and

loan

debentures due Dec.

Chas. W. Scranton & Co.; and Estabrook & Co.

repay

Can

bank

investor.

Price,

$16,484,300 Consolidated Gas Electric Light & Power Co. of Baltimore
3%% convertible debentures due Dec. 18, 1967.
Purpose,
to

retire

to

institutional

an

*20,585,000 Connecticut Light & Power Co. first & refunding mortgage
3lA%
bonds, series M, due Dec. 1, 1982.
Purpose, to
finance plant expansion and to repay bank loans.
Price,
at
101.93%.
Placed
privately
through Putnam & Co.;

Moore,

•Represents issues placed privately,
•xtepi"seats issues placed privately,
tIndicates special offering.

)

•

i*

y

i
m

Volume 177

Number 5215

Inc.;

Mason,
&

Scott

Pomeroy, Inc.;

&

&

Stringfellow;

Schwabacher

Shearson,

Co.;

Hammill

&

&

Schoellkopf,

Co.; Chas. W.
Shields

Co.;

&

Hutton

200,000 Bryant
stock

Scranton

Sills,

Co.;

&

Boyce;

Brothers

Stern

Beach;

Stix

Straus,

&

Co.;

Sterne,

Agee

&

Co.;

&

Stone

&

Webster

Securities

Corp.;

ties

Corp.; G. H.

Walker

&

Co.;

Watling,

110,000 Clary

Struthers & Co.; Woodard-Elwood & Co., and
& Co., Inc. Oversubscribed.

•

,

,

for

company

subscription

shares publicly offered

15&000 Inter-County Telephone
cumulative

5%

by

by

St

by Shaver

Telegraph

preferred

stock,
pose, for capital improvements.

,

Securities

Florida

&

Co.

series

(par

Price, at

shares

(par

Offered

par.

&

stock

Co.,

Gas

(par

without

bank

loans.

subscribed

for

Coke

Co.

Co.;

Price,

stock

Purpose,

to

Sold

par.

for

(par

$20).

expansion

dividends.

by

to

company

Purpose,

company

($300,000).

Underwritten

by

cumulative

Price,

at

&

pre¬

&

American

&

Gas,

Russ

Newton

Electric

general

Blyth

&

bard,

loans

Inc.

Light

&

stock

and

St

Power

Co.

Placed

purposes.

and

The

First

Telephone

(par $10).

for

20,000

shares

Wertheim

Co.;

Purpose,

ing capital.

privately through
Corp.

&

Co.

Co.,

Inc.

65,168

shares

of

Purpose, for repayment of bank

$25

|

IRON,

STEEL,

810,000 American

COAL,

Alloys

1,000

shares

of

stock

(par

Curtis;

7%

Price, at par.

chase

by

A.

Steel

Roebling's

share.

Schwabacher
&

&

applied

&

Co.;

Co.

&

M.

Union

Dean

Price,

$18.75

Co.;

&

Loeb,
&

I.

&

Corp.,

Co.;

A.

&

Redpath;

&

E.

C.

112,500

Meyer,
Co

Co.;

Barnett

Hamlin

'

Bosworth,
&

Abraham

Co.;

&

&

&

Co.;

Lunt;

Sullivan

Co.;

Paul

H.

Sutro

&

Co.,

Boettcher

&

Co.;

4,461,725

Hurry,

Davis

Bros.

Inc.;

&

&

Cowen

Dreyfus

Bioren

&

&

Iron Corp. 200,000 shares of 5Vh%

Si

lative

cumu¬

preferred

assist

in

stock, series B (par $50).
Purpose, to
financing purchase of John A. Roebling's Sons
Placed privately through Alien ft Co.
with Mutual

Co.

Benefit

Life

Insurance

Co.

and

John

A.

Roebling's

'

Steel

stock

Co.

(par

stock

of

crued

dividends.

Ohio

70,000

$50).

Seamless

shares

Purpose,

Tube

of

6%

Underwritten

100,000

a

by

&

Co.;

subsidiary.
for

company
shares

A.

Dillon,

C.

Read

shares

Co.,

&

$24.50

per

share.

INDUSTRIAL

$1,842^)00 American

Brake

(no par).

Purchase

by

Price,

$3

per

share.

shares

of

St

Price,

with

to

company

'stock

Price,

class B common
for expansion and working capi¬
Offered by company for subscription

at

par.

without

Foundry

at

and

14,500

shares

of

5%

and

Securities

investors

cumulative

31,

preferred

stock,

1962).

Co.;

&

Sons;

Clark,

Garrett
Miller &

Robert

Hayden.

Co.;

by

stockholders.

underwritten by Morgan Stan¬

Rollins & Co.

Blair,

Brown

subscription

Inc.;. Blyth & Co.,

Dodge

&
Co.;

&

Co.;

Inc.;
&

Dominick

Sons; Granbery, Marache
Hemphill, Noyes & Co.;

E. F. Hutton & Co.; Johnson, Lane,

&

Co.,

Inc.;

employees.

'

series

B

(convertible prior

to

Placed

to repay bank loans and for
privately with a group of in¬
stitutional investors through Lehman Brothers and Glore,
Forgan & Co.

218,247 American
(par $2).

Seal-Kap Corp.

stockholders.
American

18,978

shares of common

Purpose,

stock

for working capital. Price, $11.50 per
for subscription by common
Unsubscribed shares
(299) underwritten by

Offered

by

company

Securities Corp. and




Hirsch & Co.

B

$1)

share.

in

$125,000 Arcol

Purpose,

common

Inc.

Price,

OH

300,000 Empire

stock

Drilling Corp. 299.500 shares of common
cents). Purpose,
for drilling operations.
share. Offered by Hunter Securities Corp.

& Refining Co., Inc. 300,000 shares
(par five cents). Purpose, for working

$1 per share. Offered

of com¬
capital.

by Charter Securities Corp.

Investment Corp. 100,000 shares of capital stock
cents).
Purpose,
for acquisitions and working
Price, $1 per share. Offered to public by com¬
without underwriting.

100,000 General
(par

stock

common

Price,

at

par.
.

'

n

Investment

preferred

Airlines, Inc. 353,822 shares of common
Purpose, for working capital.
Price, $16
Subscribed for by common stockholders, with¬
out underwriting.
World

5,661,152 Trans
stock

$5).

(par

share.

i

$10,150,587

'

Representing: New Financing:

Issues Not

$10,240,000 Atlantic Refining
(par $10).
Price,
Brothers;

.

320.000 shares of common stock
$32 per share. Offered by Lehman
Sachs & Co., and Blyth & Co., Inc.

Co.

Goldman,

Oversubscribed.

137,500 California Oregon Power Co. 5,000 shares of common stdfck
(par $20). Price, $27.50 per share. Offered by Blyth &
Co.,

Inc.

Completed.

2,200,000 Circle Wire & Cable Corp. 100,000 shafeS of common stock
(par $5). Price,
$22 per share. Underwritten by Van
Alstyne, Noel & Co.; Hornblower & Weeks; Shields & Co.;
Central Republic Co. (Inc.): Paul H. Davis & Co.; John¬
ston, Lemon & Co.; Baker, Simonds & Co.; J. C. Bradford
&
Co.; Courts & Co.; Crowell, Weedon & Co.; Lester,
Ryons & Co.; Dittmar and Co.; Dempsey-Tegeler & Co.;
Stifel, Nicolaus & Co. Inc.; Arthurs, Lestrange & Co.;
Ferris & Co.; Moore, Leonard & Lynch; Penington, Colket
and

&

Frederick

Co.,

Inc.;

Robinson

S.

& Co.; C. F.

Deane & Scribner; Bioren
Bingham,
Walter &

Singer,

Co.;

Cassell

&

Co., Inc.,

Hurry, Inc.;
and Adamex Securities

Oversubscribed.

,

•,

...

,

80,000 shares of common stock (par
Price, $6.50 per share. Underwritten by Rauscher,
Pierce & Co.; Walker. Austin & Waggener; Binford, Dynlap & Reed; Dallas Rupe & Son; Fridley & Hess; Judson
S. James & Co.; Chas. B. White & Co.; John D. Scott &
Co.; Lynch, Allen & Co., and Frank Miller & Co.
Tank

Co.

$2.50).

Oil Co. 125,000 shares of common stock (par $1).
for acquisitions and working capital. Price, at
Offered by Carroll, Kirchner & Jaquith, Inc.

per

new

unit.

stock

capital.

1,200,000 Diana Stores Corp.
50

cents).

10

Price,

100,000 shares of common .stock (par
per share.
Underwritten by Van

$12

Co.; Francis I. duPont & Co.; Johnston,
Lemon & Co.; Lester, Ryons & Co.; Courts & Co.; Straus,
Blosser & McDowell; J. C. Bradford & Co.; Crowell, Wee¬
don & Co.; Paul H. Davis & Co.; First Securities Co. of
Chicago; Johnson, Lane, Space & Co., Inc.; Scott, Horner
& Mason, Inc.; Baker, Simonds & Co.; C. F. Cassell & Co.,
Noel &

Alstyne,

mon

for

capital.
Price, $51 per
to public, without underwriting.

working

Corp. 25,000 shares of 60-cumulative
stock (no par).' Purpose, to repay
bank loans and for expansion.
Price, $10 per share. Offered by McKelvy & Co.
Completed.

Corp.

Purpose,

Price,

Co. 5,632
$25) and
units of two

Brothers.

250,000 Thrift

520,000 Dallas
OIL

& MiddlePenington,
and Taussig.
"
'
'
'

capital.

Inc.; Childs, Jeffries & Thorndike, Inc.; Coburn
brook, Inc.; Dempsey & Co.; Doolittle & Co.;

pany,

Colket

173,200 M Bar Oil Co. 173,200 shares of common stock (par $1).
Purpose, for drilling expenses,
to repay debt and for
working capital. Price, at par. Offered by Carroll, Kirch¬
ner

&

Jaquith,

Inc.

Purpose,

capital.

working

class

one

(par

for

by

by key

through

Corp.

stock

B

Telecasting Co. 60,000 shares of
$5).
Purpose, for new construction.
Offered by A. M. Law & Co.

Corp.

$35,233,784

Purpose, for work¬
accrued dividends.
Placed

institutional

of

Union

A

Mason

per

299,992 Van Waters & Rogers, Inc. 15,584 shares of common stock
(par $1). Purpose, for general corporate purposes.
Price,
$19.25 per share.
Offered by company for subscription

(par $100).

par

group

a

Brothers

Co.

company.

60,000 shares of 40-cent cumulative
(par $1—convertible).
Purpose, fdr
$5 per share.
Underwritten by
Paul C. Kimball & Co.; Gross, Rogers, Barbour, Smith &
Co.; Wilson, Johnson & Higgins; Bradbury-Ames Co., and
Securities,

class

underwriting.

Kidder, Peabody & Co.; Kuhn, Loeb
& Co.;
Laurence M. Marks & Co.; Merrill Lynch, Pierce,
Fenner & Beane; Paine, Webber, Jackson & Curtis; R. W.
Pressprich & Co.; Rlter & Co.; Smith, Barney & Co.;
Stetson Securities Corp.; Tucker,
Anthony & Co.; Union
Securities Corp.; Varnedoe, Chisholm & Co., Inc.; G. H.
Walker & Co.; White, Weld & Co., and Dean Witter & Co.

under

employees

and

and

by company

convertible

and

Price, $1

common

class

of

shares

A

300,000 State

Of¬

20,000 shares of common stock (par $1).
retirement of bank loans and for working
expansion.
Price, $5 per share.
Offered by
Ball, Burge & Kraus and Collin, Norton & Co.

par.

•3.000,000 American Potash St Chemical Corp. 30,000 shares Of $4.75

share.

Price,

Purpose,

stockholders,

Space

Plan.

preferred stock

ing capital.
Lehman

Sold

Machine

cumulative

privately

50,000

13,475 shares of common stock (par
Price, $22.25 per share.

employees of

by

Long Island Television
participating class A stock (par

$2

of

shares

Offered

Co.

Hornblower & Weeks;

MANUFACTURING

St

Shoe Co.

share.

•1,450,000 American

Dec.

(par $5).

Prestole

&

Carl M. Loeb, Rhoades

Purpose, for general corporate purposes.

per

Stock

capital.

299,500 Denman Oil &
stock
(par
10

OTHER

$36.85

working

by Cohu &

Dominick;

and Wertheim & Co.

'

$26,032,562

shares

2,816

Glass Fibers, Inc. 100,000 shares of capital
(par 10 cents).
Purpose, for expansion, to repay

Alex.

Of¬

Inc.; Bear, Stearns & Co.;
Hallgarten & Co.;
Ladenburg,

for

300,000 Sterling

Co.,

Inc.;

Swiss American Corp.,

Co.;

(par

by stockholders.
Un¬
Underwritten by Lazard Freres

(6,988).

Allyn
&

Price,

i

Modigliani

for

divi¬

accrued

Inc. 4,000 shares of $1.50 cumu¬
series A (no par).
Purpose,' for
Price, $24 per share. Offered by M. H.

Connecticut &

143,616 Southern

groups.

company
for
Unsubscribed shares (6,121)

cumulative

stock

and

at par

Piper, Jaffray & Hopwood.

Purpose, for working capital.

$1).

stock

subscription

Thalmann & Co.; Lehman Brothers;

&

capital

Price,

capital.

capital.

working

by Gearha'rt

and

Offered by

interest.

Bishop & Co.

class

30,000 shares of common
working capital. Price, at

accrued

& Co., Inc. 1,000 shares of 6% prior pre¬
$50).
Purpose, to reduce bank loans

299,819 Seaboard Finance Co.

by company for subscription primarily by farmers

Offered

to

of

Offered

10,664,592 Union Bag & Paper Corp. 253,008 shares of capital stock
(par $20).
Purpose, for expansion and working capital.
Price, $42 per share to stockholders and $48.25 to publie.

Price,

to be advanced to San Manuel Copper Co.,

wholly-owned

fered

subscribed

266,227

Co.

share.

per

and

par

Offered by

dend.

Wagenseller &
Hlggins.
Oversub¬

Co.

farm

capital

Co.; The Ohio Company; Hayden, Miller & Co.; Prescott, Shepard & Co., Inc.; Tucker, Anthony & Co.; Granbery, Marache & Co.; Kay, Richards & Co.; Thayer, Baker
& Co.; Hallowell, Sulzberger it Co., and T. H. Jones & Co.

Copper

$2.25

cumulative

(par

working

working

Purpose,

&

Purpose,

for

„

Price,

5%

of

96,000 Phoenix Budget Loans,
lative
preferred stock,

Mississippi Chemical Corp. 892,345 shares of common stock
(par $5). Purpose, for expansion of plant.
Price, at par.

by

Noyes it Co.;
Eastman,
Dillon & Co.;
Paine,
Webber,
it Curtis; A. G. Becker &
Co., Inc.; McDonald &
Co.; Schwabacher & Co.; Singer, Deane & Scribner; Hirsch

$10).

and

(par $10).
Purpose, for
par.
Offered by
comnany for subscription by stockholders, without under¬

tal.

Sons

Oversubscribed.

stock

ferred

'

Jackson

6J522.562 Magma

at

50,000 Murphy (A. A.)

Otis, Inc.

stock

purchase common
at par and ac¬
by Riter & Co.; Hemphill,

Co.

&

Price,

capital.

Co.;

&

shares

Harley, Haydon & Co., Inc.

Hill Richards & Co.;
Webber, Jackson & Curtis;

Johnson

Wilson,

30,000

Co.

250,000 Manchester (Harry S.), Inc. 10,000 shares of 5'/2% cumu¬
lative
preferred stock
(par $25).
Purpose, for working

Co.;

&

Paine,

Cattle

subscription by common stockholders.

pur¬

Subscribed

Lee Paper

ley &

preferred

corporate

300,000 Pittsburgh Reflector Co. 60,000 shares of

Corp.
3,500,000 Copperweld

general

&

Land

preferred stock (par $10). Purpose, to repay loans. Price,
at par.
Offered by company, without underwriting, for

Scientific,

fered

&

*10,000,000 Colorado Fuel

for

and

loans

Hallgarten
Cook & Co.;

Nauman,

Bros.

300,000 Leon

stock

300,000

Co.;

McFawn & Co.; Newhard,
Boyce; Bateman, Eichier & Co.; BrookeWillis, Inc.; Coffin, Betz & Co.; Ferris & Co.; Arthurs,
Lestrange & Co.; Reinholdt ft Gardner; Woodcock, Hess
&
Co.,
Inc.; Zuckerman, Smith & Co., and Townsend,
Dabney it Tyson. Oversubscribed-

Stein

Co.

Dempsey-Tegeler

and

&

Co.;

shares of 5Va%

(par

Chase,

Co.;

Co.;

Co.;

*

through Kidder, Peabody & Co. and Alex. Brown & Sons.

Offered by Tellier

Inc. 50,000 shares of common stock (par
25 cents). Purpose, to repay loans and notes and for work

and

Offered

prior preferred stock (par $100). Purpose, to reduce shortterm debt.
Placed privately with 12 institutional investors

by William R. Staats & Co.; J. Barth

Co.;

Inc.;

Inc.,

Offered

Rollins

Corp. 167,998 shares of capital
to make investments. Price, at
by company for subscription by

Purpose,

MISCELLANEOUS

writing.

Walston,
Allyn &

Blair,

and

$11,702,645

construction

300,000

share.

Hutton & Co.; Terry
& Company; Gross, Rogers,
Barbour, Smith it Co.; A. M.
Kidder & Co.; Peters, Writer &
Christensen, inc.; Shearson, Hammill & Co.; Straus, Blosser &
McDowell; Good-

&

&

Moreland; Shearson, Hammill & Co.; Bingham, Walter

Kopp

ETC.

without underwriting.

Oversub¬

Co.; Walston, Hoffman & Goodwin; Rotan, Mcsle

F.

Inc.; Auchincloss, Parker
Co., Inc.; D. H. Ellis & Co.;

Co.

per

Weedon

&

Ryons

&

Durst,

duPont

Rhoades

Securities

Witter

Co.,

body

$5.25

Crowell,

Co.;

Sutro

&

per

F.

&

common

toward

Bache &

Carl

Co.;

of

financing pur¬
(wholly-owned subsidiary)

Corp.

Sons

Goodwin;

for

Underwritten

Hester,

•.

..

shares

320,000

by Allen & Co.;

Hirsch

Hoffman

Corp.

Purpose,

Colorado

John

Co.;

Iron

par).

Underwritten
&

&

Witter

Oversub¬

Inc.

Singer,

Walker

225,000 shares of common
acquisition of stock of The

Co.

Purpose,

Switchboard

Price,

lng capital.
•

.

Fuel

(no

Dean

Products

$1).

cumulative

Purpose,
lor
Underwriter by McDonald-

H.

Co.,

&

TRADING, HOLDING,

Investment

pari.
value.

stockholders,

Corp., Ltd.
100,000 shares of capital stock (par
$2.50).
Purpose, for working capital.
Price, $16.25 per

Co.

stock

and

Co.;

&

Hess

2,000,000 United Continental Fund 400,000 shares of capital stock
(par $1).
Purpose, for Investment. Price, $5 per share.
Offered by Waddell & Reed, Inc..

New-

Jaffray

Piper,

Shields

Boyce; G.

(no

asset

net

1,625,000 Fluor

u,'j j

,j

$10).

•

6,000,000 Colorado

of

;

Co.,

scribed.

Corp.

working capital.

.

Co.;

Street

stock

share.
Underwritten by H. M.
Byllesby & Co. (Inc.); Straus, Blosser & McDowell; Dempsey & Co.; Wm. C. Roney & Co.; Sills, Fairman & Harris,
Inc.; Arthurs, Lestrange & Co.; Bioren & Co.; Cruttenden
& Co.; Fauset, Steele & Co.; Ira Haupt & Co.; Saunders,
Stiver & Co., and
Smith, Hague & Co.
Oversubscribed.

ETC.

preferred

participating
&

COPPER,

&

Electric

poses.

to

$93,293,309

«

&

Stein Bros. &

Price, five cents per share.
speculation."

a

(par

Powerlite

construction.

new

and

and Co.; Estes & Co., Inc.; The Small-Milburn
Co.
Inc.; Uhlmann & Latshaw, Inc., and The Lathrop-HawkHerrick Co. Oversubscribed.

Evans

"as

stock

and

,

&

Woodcock,

Completed.

9,689,153 State

Noyes

Company; Pacific Northwest

Gardner;

&

Son

Co.;
Hallowell, Sulzberger & Co.;
Scherck, Richter Co.; Stroud & Com¬

&

Co.;

♦$2,500,000 American Investment Co. of Illinois 25,000

Boston

Cole

.

Hemphill,

Co.;

&

150,000 Electronic Devices, Inc. 3,000,000 shares of common stock
(par one cent). Purpose, to buy equipment and for work¬

100,000 Yardley Water St Power Co. 2,000 shares of common stock
(par $50). Purpose, for new construction. Price, at par.
Offered to public by company, without underwriting.

'.•

Courts
Robert

Newbold's

H.

Jackson

Webber,

Reinholdt

Deane & Scribner;

Price, $22 per share to
public. Offered by company for
subscription by common stockholders. Unsubscribed shares
(7,559) underwritten by Harris, Hall & Co.
(Inc.); The
First Trust Co. of Lincoln, Neb.;
Eastman, Dillon it Co.;
A. C. Allyn & Co. Inc.; Julien Collins & Co.; Beecroft,
stockholders

>■

W.

Cook & Co.; The Ohio

1,181,250 Federal

common

.

Co.;
Inc.;

&

and

INVESTMENT TRUSTS,

&

&

Nolan

Dreyfus

Inc.,

$13,492 Pittston Co. 437 shares of common stock (par $1). Pur¬
pose,
for
working
capital.
Price,
at
market
(about
v".
$30.87'/3
per
share).
Offered through
Laidlaw & Co.

Brown

Whipple

Bacon,

Blair

Folger,

Sachs

Alex.

by

Peabody

Company;

Paine,

Co.;

Co.;

&

&

Light

corporate

Co.,

1,456,373 Western

V

Corp.;

William

Co.;

Co.;

scribed.

stockholders.

common

scribed.

Turner;

of 4.75% cumulative preferred stock (par $100).
for

•

&

Goldman,

Sons;

Milwaukee

Co.

*2,000,000 Tucsen

,

by

Securities

Watts

Kidder,

Co.;

and

&

&

Schwabacher

pany,

underwritten

(2,050)

Dominick & Dominick;

Company, Inc.; Dallas
Co.; Texas National Corp;
Austin, Hart & Parvin; Dittmar & Co., and John D. Scott

Guerin

Rupe & Son; Lentz,

V*

& Co.;
Pasadena Corp.,

& Co.; Laird, Bissell & Meeds;'
John C. Legg & Co.; Carl M. Loeb, Rhoades & Co.; Mead,
Miller & Co.; Merrill Lynch, Pierce, Fenner & Beane; The
&

accrued

Beissner

shares

Baker,

Co.;

Garrett

($200,000)

and

par

Moroney,

Sons;

Co.;

Co., Inc.; Auchincloss, Parker & Redpath; Baxter, Williams

•

Eichier

Oversubscribed.

subscription

for

.

Unsubscribed

stockholders,

refunding

share

per

additional

an

Company;

&

Offered

Co.

'

Hooker & Fay; Irving

Bateman,

Co.;

Securities

Degaetano

RUBBER

Corp. 160,666 shares of common stock
Purpose, for expansion program.
Price, $34.50
to stockholders and $39.75 to public.
Offered

Hopwood;

Eppler,

V

Sutro &
Newburger

300,000 shares of common
for acquisitions, drilling

$806,250 Seiberling Rubber Co. 75,000 shares of common stock (par
$1). Purpose, for working capital.
Price, $10.75 per share.
Underwritten by Blair, Rollins it Co., Inc.; A. C. Allyn &

Chemical

(par $1).

underwriting.

ferred

&

5,542,978 D*vison

at

184,789 shares of capital
finance construction pro¬

500,000 Texas Telephone Co. 25,000 shares of 6%
and

Fewel

by

Co.;

Co.

Purpose,

$7,329,760

Stern,

Harbison & Henderson;

Gas

&

cents).

Hemphill, Noyes

Shearson,

Co.;

Inc.;

&

&

at

&

Co.,

Uundborg

for subscription by minority
underwriting. American Telephone

St

$100).

.Price,

gram.

to repay

parent,

Light

Webber, Jackson & Curtis;

Davis & Co.;

shares.

629,920

18,478,900 Peoples
'

&

company

without

Telegraph

I.

and Daniel Reeves & Co.

Purpose,

by

stockholders,

Dean

Francis

Hammill & Co.; Spencer, Swain
Frank, Meyer & Fox; Wagenseller &
Durst, Inc.; J. Barth & Co.; Conrad, Bruce & Co.; Paul H.

Ryons

Co.

$100).

Bache & Co.; Lehman Brothers;
Witter & Co.; Walston, Hoffman
du Pont it Co.; Lee Higginson

Inc.;

Co.;

Bingham, Walter & Hurry, Inc.; Emanuel, Deetjen
Hill Richards & Co.; Laird, Bissell & Meeds; Lester,

of

7,395,500 Pacific Telephone St Telegraph Co. 73,455 shares of capital
stock

Co.,

it

Paine,

Co.;

& Co.;

Pur-

Offered

par.

it

Goodwin;

OH
10

and working capital. Price, $1 per share.

5,490,060 Western Natural Gas Co. 183,002 shares of 5% conver¬
tible preferred stock (par $30). Purpose, refunding ($226,000),
to
repay
bank loans and for new
construction.
($5,264,060). Price, at par. Offered by company for sub¬
scription by common stockholders. Underwritten by White,
Weld
&
Co.; Lehman Brothers, and Stone & Webster
Securities Corp.

&

sub¬

$25).

by

and employees.

Corp.;

Co.

6,000

B

Blyth

&

Any

officers

to

company

50

(par

Wertheim

F. S. Yantis

stockholders.

by

(par

expenses

Engineering Co. 225,000 shares of common
cents).
Purpose, to acquire DPT Division
Eastman Kodak Co. Price, $15 per share.
Underwritten

of

Telephone Corp. 25,500 shares of common stock
(par $10). Purpose, for expansion program. Price, at $10.50
per share
to stockholders and $11.75 to public. Offered
scribed

stock

Purpose,

Sold

stock

267,750 Florida

ty

300,000 Trans-Texas

3,375,000 Consolidated

Lerchen & Co.;

& Co.; White, Weld & Co.;
Whiting, Weeks &
Dean Witter & Co.; Harold E. Wood & Co.; Wood,

Stubbs;

•

working

Corp. 20,000 shares of common stock
to reduce bank loans. Price, $5.50 per

Multiplier

(par $1).
share.

Wertheim
■

292,000 Texo Oil Corp. 934,400 shares of common stock (par one
cent), purpose, for drilling expenses and working capital.
Price, 31'/4 cents per share. Offered by Petroleum Finance
Corp. and Wistar Ambler Co.

shares of common
capital. Price, $10

20,000

Co.
for

to

,

Blosser &

McDowell; Stroud & Co., Inc.; Sutro &
Co.; Swiss American Corp.; Spencer Trask & Co.; Tucker,
Anthony & Co.; Underwood, Neuhaus & Co.; Union Securi¬

i

Grinder
Purpose,

stockholders; $11 per share to public.
Of¬
fered
by company
for
subscription by common stock-»
Holders.
Unsubscribed shares (309)
underwritten by Lee
Higginson Corp.

& Harris, Inc.; Singer, Deane & Scribner; Smith,
Barney & Co.; Smith, Moore & Co.; F. S. Smithers & Co.;
William
R.
Staats
&
Co.;
Starkweather & Co.; Stein

Bros.

Chucking

(par $5).

share

per

Fairman

13

(1797)

The Commercial and Financial Chronicle

...

125,000 Ntmco Oil Corp. 50.000 shares of common stock (par
Purpose, to acquire oil and gas leases. Price, $2.50
share. Offered by E. H. Martin & Co.

$1).
per

Rice & Co.,
Day & Co., Inc. Oversubscribed.
and

Co.;

Irving

J.

pose,

by

for operating capital.

Garrett

&

Co.,

Inc.

Price,

$1.25 per unit. Offered

,

1,214,119 Franklin Stores Corp. 95,225 shares of common stock (par
$1).
Price,
$12.75
per
share. Underwritten by Merrill
Lynch, Pierce, Fenner & Beane. Oversubscribed.
18 750 Goodali Rubber Co.

1,500 shares of class A common

(par $5). Price, $12.50 per

'

125,000 Petroleum Service, Ine. 100.000 shares of preferred stock
(par $1) and 100,000 shares of common stock (par 10
cents) in units of one-share of each class of stock. Pur¬

Inc.,

stock

share. Offered by Wood, Walker

& Co.

(Continued on page 14)
♦Represents issues placed privately.
{Indicates issues sold competitively.
tTnriiratips

sneci&l

offering.

...

*

II

The Commercial and Financial Chronicle

(1793)

(Continued from page 13)

Improving Ferry Service—

3,066,910 Grace

}

|

<W.

R.)

32,828 shares of common

Co.

&

by 40 feet
its

$10).

[

Union

Price, $29

stock

common

part of

a

its $15,000,000 program

car-ferry

S.S,

'

and A. M. Kidder & Co. Oversubscribed.

Co.

j

92,250 Marsh

I

Steel

!

71,675 Mercast

r

t

\

!

Corp.

cents).
&

5

)

Co.,

j

|

j

$5.87'^

of

stock

common

10

(par

by J. G. White

share. Offered

per

Chicago, Burlington & Quincy RR.—Equipment Trust
Certificates Offered—Public offering of $7,050,000 3^4%
equipment trust certificates,
maturing semi-annually
Nov.

Inc.

61,500 Pacific

j
j

shares

12,200

Price,

i,

of common stock (par
share. Offered by H. O. Peet & Co.
shares

4,500

Corp.

$10). Price, $20.50 per

Power

&

3,000 shares

Light Co.

Inc.

Completed.

!'

Investment

$10).

j

Price,

Dalton

}

&

Co.

$6,850

Co.

shares

14

share.

per

stock

common

Offered

by

(par

Gardner

Inc.

and

The

Coil

shares

10,000

of

per

Issue

is

stock

mon

Co.,

Price,

(par $1).

250,000

Inc.

shares,of

$16.75 per share.

to

be

Inc.

bid

99.4699

secured

by

estimated

equipment,

to

the

F.

Eberstadt

Emerich

j

ator

cars

com¬

and

in

Stroud

the

&

Brush,

;

j

Inc.;

Wistar

Inc.;

Amott,

Baker

Ambler

Co.,

&

Co.;

Inc.;

Ames,

i

Slocumb

Co.

&

Inc.;

Chace,

West

This company
declined
collateral trust bonds at

only

)

& Co.;

i

&

:

j

i

Smith

Co.,

Hull

i

,

I ■«

'

I

A.

Co.;

Inc.;
M.

Stone

Hill

Co.; Gross,

Sulzberger
&

Co.;

Richards

&

H.

Kidder

Kreeger

&

Co.;

Lane,

Bissell

&

Space

&

Co.,

Meeds;

Saunders, Stiver & Co.; Herbert

net

See

and

Carl

J.

&

&

Higgins,

and

subscribed.

Zuckerman,

Smith

&

Co.

Air

formed

25-year

the new bond
53,'■*%., .submitted by ja
Co. Inc., and Union

consider

to

in

the

bidding

offer

the

of

the

on

sale

1953

and

be

to

were

1954

used

which

to

had. been
were

•

be

-,

177,

Snyder

and

C.

their

the

Mr.

Colbert

Over¬

for

ahead

our

that

ir.

output
has

1471.

p.

vigorous."
controlling factor

the

the

been

is

of

steel

controlling

that

the

year

$10).
&

Gas

Corp.

Price,

Share

525,036

$22.50

Co.

for

shares

of common stock (par
Offered by Electric Bond
by its stockholders, without

underwriting.
232,500 United

;

\

States

Corp.

man,

Dillon

20,000

(par $1). Price, $11.62J/2
Co.

R.

and

22,

Natural

(par $1).
Dillon

Gas

Price,

&

Co.

Hoge,

President,

a

shares

of

common

Co.

8,000

$19.12'/2

shares

share.

per

of

Offered

above.—V.

be

that

announced

1366.

p.

13

of

•

•

635,549,839

cents

The

to

all

4,

•

General Corporation and

preferred
instead

Prov.

„

■

^

' 1

and

of

man

McClure

the

has resigned

Board.

James

E.

as

President and

was

elected

from

director

in

charge

175,

p.

of

customer

relations

inc.

per

will

one

in

the

Stock to Be Sold to
Parent—
additional
plied

to

300.000

a!l
its

J.cnduures

par

Corp., the

1953-54

of

construction

$43,500,000.

At

common

Issue

stock

of

the

I

"

■

to

its

'

an

erties

parent,

to

be

for

ap¬
ex-

company

l:roposaSL-V l°Vp%578 ' ^ * pending $3,000,000
Central Vermont Public
Seiivice

sell

involve

are

estimated

request

and

to

proceeds of which

program,

the

to

issued

1953—6

decision

cents

]».

llol.

share.

per

It

was

quickly completed.—V

*

177

$155,399
$0.07

Mining

Cobalt

*

of

i

Chesapeake Corp.

of

Virginia

12 Weeks Ended
March 22—
.ofits after charges

Fed.

income

Net

&

excess

1953

profits

taxes

$2,467,082

$0.Ql

1953

after

'

—V.

of
per

175,

p.

capital

$2 218 705

1,585,353

1,460,023

908,136

Plans

j

$758,682

mine,

578.325

1578,321

covered

$1.14

$1.31

"

1859.

will

&

Ohio Ry.—Partial

^Trh<LC?,mpany ha.s ca,l€d

for redemption

a.'\d ,1,mproVemfent mortgage

£ 71. Co. of at 10114%.
1973,
Trust
New

"ffice

of

Halsey,

York,

Stuart

Payment will be
120
&

Broadway.
Co.




Inc.,

of

the

company

are

175,

upon

Redemption—
on

June

1,

bonds,

next,

H

due

made at The Marine
Midland
New York.
N. Y
or
at
the

So.

La

Salle

St.,

Chicago!

for

profits

excess

tax.—V.

$593,336

176,

507.

p.

1953

instalment

$7,089,836

6,224,597

4,674,975

—

1

—

income

-

taxes—

$15,557,944 $11,764,861

-

—98,413
$0.36

—-

$0.20

$0.20

—

$6.74

$6.15

share

$0.41

139.

p.

176,

113,825

——

share—

per

per

1952

$9,333,347

loans

Slightly Up—
1953

-

1952

$7,433,583

-

$7,418,731

1471.

p.

E.

recovery

of

111.—Rights to

Stockholders—

exchanged

were

common

of

share for each $5 par

one

record

effected

immediately
Jan.

on

net

proceeds
established

corporation's

1905

prior to

This

13.

common

the

split-up

offering

be

to

are

to

used

investment

not

was

The

company

operations
limited

in

to

and

the

size

April

26,

>.

Ohio

on

originally ogranized to

was

the

State

conduct railroad switching
and
until
1937,
its business
was
January,
1937,
railroad
operations
company's charter was
modified
(1940)

of

Ohio

activities.

such

expand

operations.

company
was
incorporated in
Culver &
Port
Clinton
RR.
Co.

The

as

ceased

the

Chicago,

BUSINESS—This

be

I,

shares

held

the

of
•

and

will

Corp.,

thereafter

In

the

permitting investments in securities of railroads and kindred com¬
panies.
The general character of the business was thereby changed
for

and

the

past

in

the

in

12

the

years

has

company

been

engaged

In

the

business

of

investing,

reinvesting,

owning,

holding

>

1946, by amendment to the articles of incorporation,
the company was changed to The Culver Corp.

of

GIVING

EFFECT

PRESENT

TO

FINANCING

Authorized

Common

affairs

On

Black-

stock

Dec.

authorized
-authorized
160,000

share

22,

indebtedness
common

of
par

par

value

stock,

common

from

stocK

$2

$2)

the

from

value;
$5

per

value

par

Outstanding

160,000 shs.

stockholders

1952,

stock,

par

value

(par

shares

common

cobalt,

and

February,
name

CAPITALIZATION

j

primarily
trading

securities.

adopted

company's

character;

160,000

shares

and

provide

to

share,
$2

be

per

70,920 shs.

proposals
of

share,

to

$5

and,

eliminate

change

par

the

valile

each

that

exchanged

to

share

for
that

two
$1

to
of

shares
of

per

be

considerable
ore
has
been
blocked
out
in
newly dis¬
bodies" beneath Lake
Nippissing. Silver and other metals
mined where they are most

value be transferred to paid-in capital surplus.—V. 177, p. 832.

ore

(The)

dominant.

to

are

acquired

increase

from

capacities

former

The corporation has
contributions
from

124,885

603,000

Acquired
and

PROCEEDS—The

of

three

mills,

now

operators.

operating,
•'

Years

that

Gross

Prov.

Columbia Gas System, Inc.—Capital Distributions—
$200 000
„

series

129,362

—

new

concentrate

23,566

$1,326,221

underwritten.

.

Corporation, Ltd.: Hon. Leslie

to

$1,302,655

10,355

1,450,000

share-

paid

shares

of

prop¬

brochure

plaps. that

administrate

after

per

value

time

$2,500,000

to

to

The

time

in the

received SEC

Manufacturers

prior

to

aggregate.

July

1,

authorization

Light

&

1953,

in

The funds

to finance in
part its 1953 construction
estimated at $20,865,000.-

will

to

Heat
used

Dec.

income

taxes

(&

before
for

Special

Subs.)—Earnings—

31—•

1952

Fed.

inccme

special

credit

taxes

credit

1951

$8,399,652

$8,702,793

1,313,531

1,889,334

385,000

—

&

835,000

575,295

163,000

$353,236

——

$391,334

make ca^h capital

Co.,,

amounts

be

program

Cuneo Press, Inc.

Ended

profits

Profit

3%%

123

will

40,063,301

$2,956,450

where

Plans
were

Chesapeake

and

.

directors

43,209,968

.;

—

share) at the rate of

exchange their shares
a

'•

taxes—.

income

,'JL.

—

income

share

particularly in Agaunico Mine, said to be the world's only true cobalt

$661,187

to aa

assets

receive
and

t>i'[C

on Jan,
13, 1953, into
stock, par $2) were given the
right on April 3 to subscribe on or before April 24 for
23,640 additional shares of common stock at par ($2 per

Q.C.,

$540^251

shares-

share

and

^

$46,166,418 $41,365,956
—

$1,387,443

47,280 shares of

Ltd.; Hellens Mining & Reduction Co.,
Mines, Ltd.; Gilgreer Mines, Ltd., and Silanco

officers

used

1953.)'

for

Mar. 28,/53 Mar. 29, '52

/

——

necessary

Business

(which

i

Mines,

Consolidated Mining

be

to

other corporate

The holders of the 23,640 shares of common stock, par $5

President, formerly Attorney General of Ontario;, Paul H.
Hershey, Vice-President, President of Hershey Metal
Produfcts, Inc..
Derby, Conn.; George Buchanan, Treasurer,
mining executive; John T.
Symans, C. A., Secretary, chartered accountant, both of Toronto.

1951,

$2,246,540

to

to

status

of

Culver

de¬

1887.

'

following

shares

$2,966,805

Federal

Sales

'

Silver

York

$144,406

$1.94

31",

whose

advised

order

famous.

578 327

„

Earned

1952

Lode

Cobalt

well,

Subs.)—Earnings—

$1,448,387

profit

number

(&

have been

company's

-

7

are

and

Gas

New

(& Subs.)—Earnings—

Cook Paint & Varnish Co.—Sales

Corp., Ltd.—Organized-)-

companies,

in

Natural

by

additional

funds

Quarter Ended Feb. 28—

established mines

company,

the

Penn-Cobalt Silver

The

.

new

of

The

$49,000,000

at

wholesale

Mos—195^

Mining & Refining Co., Ltd. Only
properties, plant and equippient of
Silanco have been acquired. Other
assets are retained by the company.
Some of the properties
acquired were in operation during Cobalt's
fabulous "silver bonanza" which
produced more than $200,000,000 in
silver from 1904 to 1917.
Reopening of the old mines, and their op¬
eration during
the last seven years, has produced
considerable mill
ore,
with
profitable values
in
silver
and
cobalt,
interspersed with
occassional
finds
of
the
type of high grade silver
ore
that
made

Of¬

fering—A secondary offering of
8,000 shares of common
Ltock (par $6) was made
on April 15
by Goldman, Sachs
OC Co.
at $14.37V2
per share, with a dealer's
discount of
.>0

acquired,

the

soon:

Cobalt

Ltd.;

'■

•

been

in

report

The

by

East

sale

and

expenditures

(estimated

loans
The

$6,500,000;

Co.,

100,000

$10,000,000.

deductions

for

Total

Book

220,346

following

of

;

retail

Net

j

2,844,031

$0.92

etc.

Dividends

205,796

$1,167,188

the

for

construction

Ended—

provision

—V.

...

bond financing

Corp.—Secondary

have

those

complete

of

stock

expenses———

Earnings

Cobalt

Shareholders

issuance

Consolidated

to

for

Automobile

be

....

receiv®d SEC authorization
shares of its $10

the

expenditures

Automobile

The

The company on
April 20 filed a registration statement
with the SEC
covering $8,000,000 of first mortgage
bonds, series E, due May 1, 1983,
to
be
offered
for
public sale at competitive
bidding.
Net proceeds
thereof will be used to
pay for a part of the
company's construction
program, estimated at $43,500,000 for 1953-54

(

Continental Commercial Corp.—Earns. Show Decline-

common

and undeveloped prop¬
area
of Ontario, Canada, has been
completed by
according to M. Mac Schwehel, its New York counsel.
purpose, according to Mr. Schwebel, is to effect
efficiency in
management,
economies in
operations,
and
to. expedite
recovery
of
cobalt, silver and other metals that are
produced in the area.
(
This Is coincident with
rapid progress being made in re-establishing
Cobalt's smelter which is being carried out
by Quebec Metallurgical
Industries, Ltd., a subsidiary of
Ventures, Ltd. The smelter, whieh
will
be
in
operation
this
year,
will
provide Cobalt
operators
with
much-needed local refining facilities.

erties

Gas

six Months Ended March 31—

this corporation,

Co.—Registers With SEC—

proposing
indicated:

amounts

Natural

income——

Volume

$364.7^2

20

subsidiaries

the

in

Hope

income

convertible

share

of

1,304,831

than

more

hearing

a

proposes

Co.

common

Net

.

$5,311,113

Consolidated

also

Gas

'No

■

Cobalt

of

giving interested persons
upon a joint application- filed

—

^Provision

Subs.)—Earnings-

p.

Acquisition of

11,

proposal

order

an

following

$10,000,000;

i

ap¬

*

on

to

the

subsidiaries

v;

share¬

$361,195

share

financing

•

1122.

p.

1953—3 Mos.—1952

—

com.

debenture

—

Aprfl

$2,472,019

taxes

issued

to request

.

cumulative

1,204,413 shares outstanding on Mar.
ductions of dividends on preferred stock.—V.
173,

1122.

Central Power & Light

•

be¬

taxes

income

'Based

formerly Vice-President and
E. Braunig has been
advanced
Vice-President, and LeRoy W. Esten
and

(&

4.80%

common

173,

par

Weeks

—V.

Net

Murray,

personnel

for Fed.

'Earns,

Chair¬

Treasurer, becomes President.
Hubert
from Vice-President
to Executive
Treasurer.—V.

1953—V.

income

Federal

of

interested persons until May

the

Operating income-—--———
Other income-———
1,

,

Central Illinois Electric
$ Gas Co.—New President—
Donald C.

4,

Period End. Mar. 31—
Profit

(Continued from page 2)
^

May

shares

Clinton Foods, Inc.

fore

j.

two

>

100%

■

each

!

Investment News

i

on

declared

■

stock

into

has

and

the

Co.,

Operating

:

common

were

convertible
after

1953,
to

subsidiaries

Total

of-a

1953.

share

per

form

conversion rights of holders of
preferred stock were adjusted so that
share

>

Co.—Registers With SEC—

giving

upon

sales

Net

i

-

directors

the

,

by- Eastman,

Completed.

-

,

also

construction

Interest,

the

effected in

payable May 15, 1953,
the close of business May
25

:

securities of operating subsidiaries to finance
(estimated at $49,000,000 for 1953.)—

Continental Baking Co.

tin

first

' "

Stock Dividend—

split-up

of

the

their

obtained,

the

:

177,

dividend
at

$100

by

after the split, payable June 15,
1953, to
holders of record at the close of business June
5, 1953, and a 36 cents
per
share quarterly dividend was declared on the
4.30%
cumulative
convertible preferred stock payable June 15, 1953 to
holders, of record
at the close of
business June 5, 1953.
[
Mr. Hoge
stated that, while total
cash
dividends were not being
increased, this split-up of common stock is
expected to improve distri¬
bution by supplying an increased number
of shares to the market.

stock

common

has

Simultaneously, dividends
plying to all common stock

share. Offered by East¬
Grumet & Tenser. Over¬

per

Brand,

Corp.

stock

common

stock

common

►

subscribed.

153,000 Western

H.

declared

holders of record

Radiator

stock

&

;

Gas

7,

Natural

of

with ..regard

since

'

Clark Controller Co.—1400%

share.

per

subscription

Natural

Gas

order

an

hearing

a

application

State

•

Arkansas

Minuet

mincemeat, peanut butter

expenditures

company

Gas

The

Cities Service Co?—May Sell Gas
Holdings—
See

manufacturing

produces

now

and Home Brand specialty

Peoples Natural Gas Co., $9,500,000;
New
York State
Co., $3,500,000; and The River Gas Co., $100,000.

,

Bag & Paper Corp. 25,000 shares of capital stock
(par $20). Price, $47.62Vz per share. Offered by
Morgan
Stanley & Co.
,'

May

Ohio

*'/

/

can

factor

/

*

company

a

very

amount

the

request

Consolidated

year are 39.2$) greater than
The rate of current retail sales of oqr
of what it was last year at this time.

products

explained

volume

this, he said,
year.—V. 177,

the

1,190,625 Union

11,813,310 United

to

this

by

shipments to date this
52%

demand

current

and

is

cars

to purchase

SEC has issued

1953,

Year Ago—t

.

The

<

elected

Corp.

this

B.

the similar period last year.

used

construction

The

:

>

be

to

are

to

V

Elected—Ship¬

of

liquors.

Natural

company.
The Commission

a

of

cookies, Sweetest Maid candies,

be

will

statement with the SEC on April 17,
1953, covering $40,000,000 of debentures due 1978, the proceeds of which

528.

p.

President and

as

Griggs, Cooper confined its activities to food

distribution
and

Consolidated

to

used
;

•

1950,
the

«

serve

The company filed a registration

$3,000,000

incurred

-

to

.

--v

.

board.

issue,

Halsey, Stuart-

pay ,off

$0.53

-

Consolidated Grocers Corp. has 14 major divisions and subsidiaries
throughout the country, supplying food products all over the world.
Processing and packing plants are located throughout the East, Mid¬
west, South and Pacific Coast. The company's Monarch Foods Division
is celebrating its centennial this year.—V. 177, p. 623.
"
•

the
issue,

entered.

was

the

of

&

Consolidated's

the board of directors of Consolidated Grocers

items, including preserves, olives, coffee,
and gelatine desserts.

rejected

for

of

Stuart

Lines, Inc. below.—V.

"Our automobile

for

W. Schaefer & Co.; Shaver

"

Halsey

of

food

j

23. on

It

'

Reporting on the company's business since the first
L. L. Colbert,
President, told the stockholders:/
/'■

Boyce; Stetson Securities Corp.: Stix & Co.;
Blosser & McDowell; Stroud &
Company, Inc.;
Collins & Co.; Wagenseller & Durst, Inc.; Wilson,

Johnson

I

Thomas have been elected directors to
succeed Carl Breer and-Herman L.
Weckler, both of whom are retiring
from the board.

And

Bros.

bidding
coupon

April

5.9//.

Chrysler Corp.—Two New Directors
ments, Sales and Demand Heavier than

passenger

Trubee,

In
and

until

Lehman

Shearson, Hammill & Co.; Shields & Co.; ShillingBolger & Co.; Sills, Fairman & Harris, Inc.; Stein

Straus,

of

cost

April 23 only

group
due

by

had

on

proceeds

Delta

law,

,

sealed

interest

an

groups

loans

& Co.;

J

public

for

$6,000,000

interest

532,000

$0.42

1366.

p.

Griggs will continue to

crackers

Inc.;

Jackson & Curtis H. O. Peet & Co.; Penington, Colket and
Co.; Peters, Writer & Christensen, Inc.; Prescott, Shepaid
& Co., Inc.; Quail & Co.; Reinholdt &
Gardner^ Reynolds
& Co.; C. D. Robbins & Co.; Rodman &
Linn; Wm. C.
Roney & Co.; Rothbern & Co.; Rowles, Winston & Co.;

j

•

Chicago & Southern Air Lines, Inc.—Merger—

Brothers; Lester, Ryons & Co.; Loewi & Co.; Mason-Hagan,
A. E. Masten & Co.; Mead, Miller & Co.; The Mil¬
waukee Company; Norrls & Hirshberg,
Inc.;, Paine,'Webber,

i

borrow

finance capital
improvements;
the
remainder
finance other capital outlays.—V. 177,
p. 1579.

Holton,

Kalman

to
an

jointly

deadline

Securities

bank

Hickey

Co.;

Johnson,

Laird,

Co.;

&

&

the

The

&

Hentz

Hewitt;

&

Hannaford

Hirsch

Co.;

Ingalis & Snyder;

Jones,

Co.;

&

banking

at

Union
of

Barbour,

Rogers,

Mr.

Corp,

Six

Inc.;

1
i

.

}

Inc.;

&

Co.,

Marache &

Hallowell,

Hayden)

Talbot;
&

»

Co.;

at

98.05

Securities

Davics & Co.; Davis, Skaggs
Draper, Sears & Co.; Francis I. duPont & Co.;
Company; Fewel & Co.; The First Cleveland
Foster & Marshall; S. D. Fuller & Co.; Goodbody

&

of

headed

but

&

Corp.;
«fc Co.; Granbery,

t

»

submitted

syndicate

Julien Collins & Co.;

Co.;

Ferris

bid

offer

an

&

Blair

}

"

•

Chicago Great Western Ry,—Rejects Bid—

Winslow,
Inc.;
Chase,
Meyer,
Barrett
&
Co.;
Childs,
Jeffries & Thorndike, Inc.;
Richard
W.
Clarke
Corp.;
F. Claybaugh & Co.; Clayton Securities
Corp. Cohu

,

:

-

,

420,000
per, share—

member of

.

Arthurs,

Whiteside,

.

profit

Chairman

100 refriger¬
cars.

'

•

1,111,000

Consolidated Grocers Corp.—Consolidation—

Inc.—V.

•

1952

$6,600,000

taxes_^

Merger of this company and Griggs, Cooper & Co., 71-year-old food
manufacturer, and liquor and beverage distributor of St. Paul, Minn.,
was announced
on
April 17 in a joint statement issued by Milton W.
Griggs, President of the St. Paul company, and Nathan Cummings,

as

Diesel-electric

8

1953

$6,500,000

—

4

standard-gauge

new

$8,825,000;

.

bright & Co.; C. S. Brown & Co.; Brown, Lisle & Marshall;

;

j

Co.,

Co.

also

before

Earnings
—V. 177,

offering are—Drexel & Co., Union Securities Corp.
177, p. 1579.

Co.,

Underwritten

Lestrange & Co.; Auchincloss, Parker & Redpath; Bailey
&
Davidson;
Baker,
Siraonds &
Co.;
Bioren
&
Co.;
Boenning & Co.; Boettcher and Co.; George D. B. Bon-

,

j

&

&

Net

Subject

equipments,

following

cost

■

by

the

for

units; 25 Diesel-electric road switching units;
with beef rails, and 30 mechanical refrigerator

Associated

I

Co.

&

passenger A

share. Offered by Blyth &
Securities Corp. Oversubscribed.

Products

Stuart

railroad

stock

common

April

on

Inc.—Earnings Lower—

834,000

;

„■

Profit

3'/4s.

,

American

4,187,500 Standard

Halsey,

F.

Completed.

287,500 Southern Natural Gas Co.
(par $7.50). Price, $28.75
Co.,

of

Sales

by the Interstate Commerce Commission,
the certificates are
priced to yield from 2.45% to 3.35%,
according to maturity. The group won award of the cer¬
tificates on April 21 on a bid of 99.667.

Motor Express Corp. 3,800 shares of 6% cumula¬
tive
preferred
stock
(par
$10).
Price,
$11
per
share.
Offered by Alex. Brown & Sons,

95,900 Smith

Conde Nast Publications
Quarter Ended March 31—

to authorization

41,800 Shirks

1

1, 1953 to May 1, 1968, inclusive, was made
by Salomon Bros. & Hutzler and associates.

22

of common stock

(no par). Price, $20.50 per share. Offered by Blyth & Co.,

j
>•

|

•

a

and improve

expand

to

service across Lake Michigan.
company recently added two new ships, the S.S. Spartan and
Badger, to its fleet at a cost of $10,000,000.
It now has seven
ships in its Lake Michigan fleet.—V. 177, p. 1678.

(par

Offered by Morgan Stanley &

share.

per

of

shares

25,000

Co.

as

The

.

725,000 Grand

)

This corporation has also applied to SEC for an order authorizing
to make cash capital contributions
to United Fuel Gas Company,
subsidiary, from time to time prior to July 1, 1953, up to $2,000,000
in cash,
to be applied by United Fuel to
its construction program
(estimated at $18,300,000 for 1953); and the Commission has issued
an
order giving interested
persons
until May 7, 1953, to request a
hearing thereon.—V. 177, p. 1678.
it

The company Is lengthening one of its car ferries, Pere Marquette 22,

stock (no
par). Price, $32.50 per share. Offered by Blyth & Co.,
Inc. and Merrill Lynch, Pierce, Fenner & Beane.
;

1

Monday, April 27, 1953

...

a

not

Net

subsidiary,
to

exceed

by Manufacturers
involving expenditufes

profit—

Preferred
'

dividends

Common

shares

Earnings

per

—V.

173,

p.

paid

outstanding

common

1698.

share

:—

—:

54,600

56,000

1,059,743

1,016,748

$0.82

$0.98

-

Volume 177

Number 5215

Delta Air Lines,
The

Inc„

linking

01

approved

•was

on

as

holders

of

The

DC-3's,

Convair

20

and

livered

will

will

fleets

throughout

be

include

340's

Atlanta,

in

Georgia.

DC-6's,

seven

consolidation

The
fifth

31

of these still remain to be de¬
1S53). On order for early 1954 are

the

of

companies will make Delta-C

two

&

in

cities

S the

.Both

south from

companies operate

consolidation

The

will

These

outstanding.

changed for C & S stock
The

CAB

&

the

for

exchange

of

merger

Dec.

on

1952.—V.

31,

177,

stock

outstanding

Net

$1.11

of

1952,

and

1,225

Provision

number of

3,568

of

•

There

were

preferred

holders

the

as

of

stock,

common

first

quarter

more

than

6,812 holders of

of

and

holders

22,924

ended.

1953

kind

one

of

177,

Net

Delta-C

Gas

Electric

&

Products Co.

Offerings

above.

Air Lines, Inc.

Delta

See

Lines, Inc.—Consolidation—

S Air

&

Co.

below—V.

176,

has announced a new, highly efficient process which
production of both an important industrial
raw
material used in the manufacture of a wide

The corporation
and

solvent

simultaneous

the

results in

manufacturers

industrial

of

Vice-President

of

2161.

p.

*

Ohio,

Ashtabula,

Inc.,

and

Net

share.

Stamping Co.

holders.

to

are

Preferred

47270

•;

28,

"The

($2.50 par

FEB.

47<

stock

($1

300,000 shs.

value)

par

special

a

to

shares-

the

be

all

shares

required,^,

scriptions

The

.

-.trademark.

1

\

■

.

incorporated

.was

„

.

Michigan

in

on

respectively,

stockholders,

are

follows:

as

Noble

Baker,

Simonds

Smith;

Hague

Scherck.

Higbie

Reid,

Corp.]

Co

&

__

___

]

4._i_

Co

time.

No

14,

has

The

is
•v

new

The

felt

Darex

basis,

indole,

new

which,

when

coated

fabric

and

heel pads. It
plastic film.

The

new

Dnraex

linings

and

available

in

both

custom

and

and

California

below

melt adhesive

177,

p.

is used

for

The

$25

April

on

company

per

9 filed

a

wet

a

Union Securities

Blyth

-

&

capital.—V.

176,

p.

cementing

of notification with

the SEC

1953

1952

$172,947

Sachs

&

Other

Co.,

Inc.

Other

__

_

34,234

49,667

32,809

$207,181

$1,138,547

$361,147

deductions

Federal

income

t

63.069

100,153

93,334

109,020

158,134

59,200

638,307

113,270

$152,569

$54,647

$391,220

$184,808

10,327

12,141

6,234

6.563

$0.10

$0.87

$0.40

taxes

Under

profit

:

dividends

Preferred

♦■Earnings

per

'♦Prior

yeafs

V.

176,

p.

com.

1767.

$0.32

sh.

adjusted

to

444,756

.




shares

presently

&

at

any

Y.

at

the

.

called

for

4.90%

&

fund

1792.

p.

of its cumu¬
Payment will
St., New Yoric
share plus accrued

shares

1.200

31,

May

on

1953.

Co.,' 30 Eroad

Trust

price

173,

Redemption—

redemption

series,

Bank

sinking

177,

of

$100

per

832.

p.

Foote

Bros.

Gear

Securities and
The

April

filed

Corp.

Registers With

—

statement with the SEC on
convertible cumulative pre¬

registration

a-

covering

1953

Machine

&

Exchange Commission—

corporation
20,

100,000

shares

of

to be offered for public sale through an under¬
writing group headed by A. C. Allyn & Co., Inc.
The public offering
price and underwriting terms are to be supplied by amendment. Net
proceeds of the financing will be added to the working capital oi
the company and will be available for any proper corporate purpose,
stock

ferred

($15

par),

including the application of approximately $500,000 to the payment of
current bank loan and $260,000 to completion of the Downers- Grove

a

plant addition.—V. 177, p.

1680.

Fruehauf Trailer Co.—Commercial Deliveries

Sales

of

—

earn.'after

Net

per

48,293,644

—

—

Fed.

shares

Common

1952

$35,687,877 $28,347,334

trailers

commercial

——

Increase

1953

Quarter End. Mar. 31—
Deliveries

♦Earnings

all

owned

the

out¬

Ltd.,

(Scissors)

below

named

a

agreed,

have

amounts
stock

the

of

forth

set

outstanding.—

♦After

1,846,292

1,459,147

$1.18

—i__

1,611,173

1,459,614

taxes—

outstanding-—

$1.03

share

common

48,634,509

names:

(re.

debentures);

Smith, Barney & Co

$400,000

with

the

company

Stone & Webster Securities

Corp

400,000

—

Hallgarten

400,000

William R. Staats & Co.
Blunt, Ellis & Simmons
Paul H. Davis & Co.—_

200,000
100,000
100,000
100,000

400,000

agreement

..

with

&

shareholders

selling

the

350,000

Co.____

Shares

Shares

C,

A; Co.,

Allyn

R.

Co.

3,000

Staats

&

3,000

Mason-Hagan,

V.

&

2,000

Harvey C. Fruehauf, Chairman of
to shareholaeis,
stated: '"Die
reached
last September
has been
sustained, and our commercial production schedules are higher than
they have been at any time in recent years, with the exception of
the accelerated period around the time of the Korean hostilities in

1679.

Of

the

holders

Natural

2,000
2,000
2,000

Co.,

Inc..

Inc.—

level

through

shares

of

record

March

24

common
a

total

stock
of

offered

shares

867,062

were

to stock¬
subscribed

$32.50

at

since

beginning

the

of

the

/••.
Eastern carrier
has standardized on Fruehauf's and
completely modernize all the trailers in the 2,200-vihicle
fleet, with further substantial purchases Indicated for the future,"
the report added.
%
In order to more
adequately serve the growing demand for Frue¬
hauf trailers, the company recently acquired a small plant at Westfield, Mass., the report said. - This will enable Fruehauf to effect
substantial
savings in delivery
costs to customers in
the Eastern
market, it added.
It is anticipated that this plant will be in pro¬
duction
by July 1.
At March 31, net working capital of Fruehauf Trailer Co. amounted
•'This

plans

huge

to

to $43,339,458,

Gas

increase of $516,563 for the quarter.—V. 176, p. 1768.

an

Industries Fund, Inc.—Assets Value—

March

the

9,

there

were

assets

net

for the March

allowance

1,121,561

this Fund amounted to $22,745,165
dividend payments of 15 cents

of

1953

30,

investment income

from
The

net

asset

value

and 70 cents per share
share was $20.28 and

per

outstanding—V.

shares

177,

1048.

p.

share.

per

General Cable Corp.—Earnings Increased—

Co.—Stock Offered—The com¬

Electric Mfg.

is offering to its common stockholders of record

for
37,230 additional shares of common stock (par $4) at
$14 per share on the basis of one new share for each
12% shares held (with an oversubscription privilege).
This offering is not underwritten.

1953

1952

$5,695,275
846,648
21,000

$5,338,7*0
901,
C'rl5,108

Quarter Ended March 31—
Gross

pany

changes

offset

to

port said.

Subscription
rights expired on April 8.
The
offering was underwritten by a group of underwriters headed
by White, Weld & Co. (see V. 177, p. 1367).—V. 177, p. 1579.
for

contract

cutbacks and our backlog of defense orders
approximately
$75,000,000.
Deliveries during the
quarter, in accordance with government contract schedules, amounted
to $12,605,767."
During the first quarter, Fruehauf started making deliveries on a
fleet of 600 Fruehauf trailers for Associated Transport, Inc., the re¬
nearly

amounts

after

recently

report

orders

1951."

and

,,per share quarterly
from realized
gains.

Subscriptions—

and

quarterly

early

award,')

have

now

On

Co.—Stock

the

customer

Discussing defense business, the report said:

2,000

_

7>r'

Gas

863,882

of

2,000

President,

in

of

Board,

1950

\,
'

'

•

Paso

2,000

Co.

177, p.

Fruehauf,

Roy

the

high

The Robinson-Humphrey

Co.

&

2,000

Inc.
Farwell, Chapman & Co.

Co.

&

Eichler

also

3,000

Inc.

Co.—3,000

&

Lemon

2,000

Blunt, Ellis & Simmons
Boettcher and Co..
Paul H. Davis & Co,___
Clement A. Evans & Co,,

10,000

Dillon & Co.
5,000
Langley & Co.-. 5,000

Eastman,
C.

(re.

■',1J

,

deducting preferred dividends.

"New

400,000

Co.

thevpurchase

stock); i;

profit on sales, before depreciation
administrative and general expense—
operating expense (net)—u_—

Selling,
Other

Provision

for

394,286

381% II

$4,433,341

depreciation

$4,070,6 ? I

—;

April 16 the right to subscribe on or before May 1

common,

and

stock

used,

will

witli

i

proceeds

net

added

be

other

cash

from

the

sale

of

the

shares

Net

income

(net)

Net

income,

befcre

reimbursement

to

pe

for

made

of

the

Electrical

States

working

Net

company's

acquisition
Tool

GIVING

of

treasury
certain

payments made
the assets of The

for

of

in

7%

possible

EFFECT

TO

capital

money
mort. note, payable
monthly installments to Sept. 1970 ♦$2,880,000

Common

at" the

pfd.

stk.

stock
note

option

$100)..
value $4)—,

(par

(par

is

subject

of

to

Feb.

—

prepayment

the .company.

1953,
payable

28,

:

provision

stock

of common
has

been

made

for

4

33,v(3

$4,104/%.;

$1,405,821

$1,234,lid.i

$0.64

—

$0./i

—

Federal

excess

2,870,0)1

profits tax :vs
the tax 21

rates notwithstanding that under present law
scheduled to expire as of June 30, 1953.—V. 176, p. 1768.

General Contract Corp., St. Louis,

FINANCING

20,000 shs.
500,000 shs.
without

Securities and Exchange

Outstanding

$2,532,000
8,831 shs.
500,000 shs.

premium

at any

time

...

the company had outstanding $4,000,000
of "short-term notes
under its Bank Credit Agreement.
As of
March
31,
1953.
borrowings
under
the
Bank
Credit
Agreement
amounted
to
$4,200,000.
These borrowings bear interest at 3Vz%.
NOTE—On

and

52,480

$4,485,821
♦3,080,000

prevailing

expenditures.

PRESENT

pur.

cum.

income

Earnings per share

■,

—_

Co.

and

Authorized

4%

Fed.

—*

income taxes—excess profits taxes

Federal

income

♦Full

the

capital

CAPITALIZATION

for

Prov.

of

to the general funds of the company
funds, for
general corporate purposes,

profit—

operating

Other

including the following:

♦This
-Net

underwriters

$328,338

41,335

income__

date

Champion

of

,

v—-----

Kidder." Pea body

1950

1951

$410,856

income

"Total

outstanding

v

such

on

400,000
400,000

Co.

&

Additional

$1,083,880

and

stock

Corp.__$l,350,000

jCorp.—

Ripley

The

684.

$369,521

profit—

and

$5,000,000

by

dividends.—V.

-

•

The

—

PROCEEDS—The

(& Subs.)—Earnings—

3 Mos. End. Mar. 31—

each
*'

'

Harriman

and

Operating

a

outstanding under this arrangement at
has no present intention of effecting

were

common

Goldman,
:r

United

Dobeckmun Co.

$133,900
subsidiary.
a

company

Co-,* Inc.______

The First Boston

laid

8,000 shares of common stock (par $10) to be offered at
share, without underwriting. The proceeds are to be used for

working

first mortgage

(2)

grades,

1256.

letter

borrow,

may

N.

15,

has

stock,
Chemica1

preferred

year

El

Dixie Fire & Casualty Co., Greer, S. C.—Files—
covering

sub¬

with Continental
Guaranty Trust
prior to Oct. 24, 1955,

Chicago

requirements.—V.

preferred dividend

made

arrangement

of

exceed

to

purchase'-agreement

Emerson

shank

not

it

their .respective

opposite

/. Under the

Bateman,

'

tucks.—V.

stock

such

to

pursuant

credit

the

of

Bacon, ..Whipple

with a pyroxaiin, or vinyl, is used for sock
is also used as a plumper to combine with

hot

R-8

shoe

of

be

1952,

severally/and-;; not': Jointly,: .to purchase the principal
debentures and the numbers of shares of common

William

deluxe

is

share—

$1,407,82].
1,260,435
$1.03

$382,282
1,260,435
$0.24

$745,666
1,260,435
$0.53

outstanding

common

company

lative

conversion

for

10,000 shares
subscriptions and
certain options. 4,430

31,

stock

Co. (Canada) Ltd.,
the cempany.

Co.

Trust

which

value

par

shares

Johnston,

.

newly develooed Daralon fibre.
high tear-resistant base, cahed "No-T^ar."

by

&

under

and

£1

Hallgarten

with

made

Products

revolving

a

Bank

UNDERWRITERS

A.

non-wrinkling, more flexible insole: a
and
a
special
hot
melt adhesive
for

22.

issuance

guaranteed

borrowings

1953

of

See

April

853,563

taxes

company.

borrowings under this arrangement.

standing

W.

products—a

on

the

of

reserved

are

Dec.

existing
exercise

upon

Union Securities Corp.--

high
tear-resistant
"base"';
tuck
cementing on California t-vpe shoes—are new in production bv this
company's Shoe Products Division, A. J. Schneider, Division Manager,
announced

of

shares

of

shares

As

under

for

Ekco

British " corporation.

:

Dewey & Almy Chemical Co.—New Products—
new

class

as

are

York

,

Three

unissued

-issuable

of

revolving

shares

1366.

p.

of issuing these shares and plans
submit to shareholders the matter

Shearson, Hammill & Co.

48,000
"20,000
20 000
20,000
7.000
2 "(no
2,500

„_

Co.

&

'

-

Co.—

R'chter

Gocdbody
177,

Co.——_i

&

&

Cleveland

First

The

*

Co

&

and

This

As of Dec\
31, 1952, the company owned 1,440,000 or 69.23%
of
the' 2,080,000 outstanding ordinary shares of Platers & Stampers Ltd.,
a
British
corporation. Platers & Stampers Ltd. then also had out¬
standing
500,000
shares
of
5%
redeemable
cumulative
preference

on

.

per

$19,763,335
3,137,411
332,032
1,729,590

.

'
Shares

,

*

••

White,

—V.

note

National

a

any

UNDERWRITERS—The
underwriters named below, through theirrepresentative,-White,- Noble & Go. and
the respective number of
shares which each has - severally agreed to purchase from
the selling
*

812,026 shs.

was
also outstanding
(1) a $250,000
Byesville Products Co., a subsidiary, and

of

New

April

r

..

1,500,000 shs.

None

options.

company

Co.. of

stock¬

April
30, 1915 for a period of 30 years, the maximum term permitted by
.'■Michigan corporate law.
Subsequently, on April 23, 1945. the cor¬
porate charter of the company was extended for an additional term
of 30 years from and after April 30, 1945.
The company Is a manufac¬
turer of pressed metal parts and spec'alizes in close tolerance stainp.in£s made to customers' specifications.
In addition, other stamped
and assembled products are produced and marketed under its own
company

51,533 shs.

authorized

are-, reserved

obligations

Illinois

50,000

BUSINESS—The

r

52,080 shs.

debentures.

shown

and

note

These

meeting

by

♦75,000 shs.

employees

were

5,000,000

5,000,000

on Dec. 31, 1952 and are not included
outstanding in the above table. These shares,
plus such additional shares as have been or may be purchased after
Dec. 31, ; 1952,
on
the New York Stock Exchange or otherwise,
and
plus such number, if any, of authorized but unissued shares as may

in

capital stock

represented

inc.

Florida Power Corp.—Partial

shares, were field in the treasury

,

of stockholders held on Feb. 10, 1953, the
of the company was decreased from $500,000,
shares of $10 par value common
stock, to
$300,000, represented by 300,000 shares of $1 par value common stock.
Each share of $10 par value common stock outstanding at that time
was
reclassified and changed to six shares of $1 par valu& common
stock.
V
i"■
♦At

authorized

1973

value)__.

as,an

subordinated

-

issuable

47,170

Outstanding
300,000 shs.

Authorized

.

♦Common

714,314

—

shares

♦After

value)

has no intention
appropriate proceedings to

t204,082 authorized
of

'were

due

par

company

take

of,.eliminating them

1953

.

CAPITALIZATION AT

profit

♦Earnings

value)——

par

.stk.. ($100

tcommon stock

to

debentures,

stock ..($100

cum.rpfd.

NOTES—There

certain selling
."'V'' ■ '/

1952

$14,901,483

1,599,229

taxes

226,000

subordinated

Tire plant

to

go

$0.34

,

1951

1953

$17,629,221

—

1,000,000

47c

one

proceeds

SO.36

(& Subs.)—Earnings—

income

before

Common

$4,000,000

226,000

.

net

$445,064

$470,862

-

528.

sales

Net

Outstanding

1,000,000

quickly sold
at $7.50 per

(par $1)

shares of common stock

240,946
466,000

share—.

per

p.

Flintkote Co.

FINANCING

$4,000,000

Stock Sold—White, Noble &

—

Co. and associates on April 14 offered and

PROCEEDS—The

PRESENT

TO

Authorized

due serially

note,

5%; serial

share.

EFFECT

note,

3 7d%

120,000

GIVING

1957-1971——_

Ashta¬
of

272,696
384,000

income:

12 Weeks. Ended Mar. 28

still available.

are

due serially 1957-1971-l__._
mtge.. note, due serially 1953-1971

4%

construct

it will

announced

hydrogen chloride produced by Hooker-Detrex to the General
through pipelines.-—V. 175, p. 709.

Detroit

Some debentures

'

-

3%%

•

recently

Rubber Co.

Tire &

vinyl chloride plant on property adiacent t" Hooker-Detrex in
bula.
Mr. Thalacker said
present plans call for transmission

on

income

177,

Prov. for Fed. & Canadian

Hooker Electrochemical.

ahd

General

The

•

a

1952

$4,173,677
3,021,667

of April

issue

our

1953

3,036,079

shown below)

amortization-.

and

taxes

per

.•-*

was

process

177,

details follow:

•

Detrex

in

made

was

depreciation,
for Fedeial

income

Net

developed for the manufac¬
widely-used metal-cleaning solvent.
It also
results in the simultaneous manufacture of hydrogen chloride.
Detrex,
which originally developed the stabilizing
process which made trich¬
lorethylene commercially practical, currently is the world"? largest sup¬
plier of the chemical direct to consumers.
The new process will be installed in the Ashtabula plant, and con¬
version is expected to be completed by April, 1954, Mr. Thalaker said.
There will be no interruption in the production of trichlorethylene at
the time of the changeover to the new process, he declared.
Manufacturing operations at the Hooker-Detrex Ashtabula plant will
continue to be under the supervision of the Hooker Electrochemical Co.
of Niagara Falls, N. Y.,
well-known chemical manufacturer. HookerDetrex, a New York corporation, is jointly owned on a 50-50 basis by
new

1953.—V.

21,

Off—Earnings Up—

(excl. of items

exps.

Further

Tacoma,

$0.70

March

outstanding

$4,163,637

and

—V.

Stock

4%

Hooker-Detrex,

Washington.:
/ Mr. Thalacker said the
ture
of
trichlorethylene,

$0.72

stock

common

"

Provision

public offering of $5,000,000 of 4% subordinated

CAPITALIZATION

O. Thalacker, President of Detrex,
cleaning eouipment and chemicals,
and

$501,559

share

common

per
on

Profit

variety of chemicals and plastics.
The announcement was made by A.

179,400

$515,817

$21.37%
-

basic

a

58,600

debentures due April 1, 1973 at 100% and accrued inter¬
est and of 50,000 shares of common stock (par $2.50) at

Mich.—New Process—

Detrex Corp., Detroit,

798,700

surtax

income

Depletion,

Gain—

Common

and

Debenture

—

Mention

—

20 of the

1,479,659

income:

taxes on

sales

Net

Ekco

$5,185,912

1,232,317

Three Months Ended March 31—

723.

p.

Duquesne Light Co.—Distribution of Stock to Be Made

832.

Federal

Filtrol Corp.—Sales

figures

These

stock—V.

of

Under Standard Gas Plan—Earnings Show
Standard

Mar. 22,'52

$5,005,953

income:

on

1152.

p.

March

of

as

Mar. 21,'53

657,900

taxes

and

♦Based

Costs

See

Fed.

•

127,857

stock

number

"

31,

March

of

as

Subs.)—Earnings—

(&

profits tax

Net

holders recorded at the

the

over

Sept.

on

1579.

p.

Paper Board Co., Inc.

for

Excess

$10,-

p.

before

(Inc.)—Holders—

stockholders

143,969
the

over

increase

an

1952.

by

owned

was

increase of

Missouri

in

incorporated

was

high-quality electric motors and electric
leading independent manufacturers in these

the

^

Normal

Co.

company
of

sales

Inc.

*20,815,653
S:$1.19

21,958,418

du Pont de Nemours &

March 31. 1953, short-term
other short-term notes aggre¬

12 Weeks Ended—

957,142
24,749,611

___'

share

common

company

an

close

Chicago and also criss-cross at
Orleans, La., and Anderson-

calls

S

904,382
24,365,034

stock

on

and

manufactures
one

177,

♦Earnings

This

debentures for 509,326 shares of C & S stock
be issued at the May 1 meeting and ex¬
through an Atlanta bank.

the

approved

New

It
is

and

fields.—V.

25,706,753

25,269,416

to ..common

outstanding

$1,000,000,

60,977,775

dividends

common

per

included

Delta-C

of

of Delta's 5%%

000,000

Miss.;

La.; Jackson,
Castle, Ind.

of

1953,

31,

Muncie-New

income—

on

_______

stock

(E. I.)

domestic airline in the U. S. based upon total revenue
miles flown. Routes totalling 9,508 miles will serve 55
the U. S. and six cities in the Caribbean.

Shreveport,

86,684,528

45,031,805

:

taxes

1890.

fans

♦Adjusted to reflect 3-for-l stock split Sept. 16, 1952—V. 177, p. 1256.

largest

passenger

income

on

Canadian

applicable

Earnings

DC-7's.

lour

70,301,221

amortization

taxes

and

income

Income
Shares

'

Constellation,

six

„■

(some

balance of

the

Net

Preferred

General offices

combined

The

stock¬

will be Delta-C & S

the continuing company

35,108,625

900,000

Federal

airlines.
,

and

before

States

had

aggregating

BUSINESS—The

24,

1,000,000
23,066,142

companies..-

stock¬

ratification by two-thirds of the
received overwhelming approval by

companies,

both

operating name of

Lines.

Air
,

both

of

holders

Earnings

associated

loans

gating $188,351.

312,157,519 300,582,766

Depreciation
United

which required

merger,

sales

Dividends, from

also

company

bank

Feb. 29, '52
$

$
Net

airline.

consolidated

a

The

Feb. 28, *53

i

closing meeting is scheduled for May 1, at which time final legal
details will be completed, and the two companies will begin to operate

The

(& Subs.)—Earnings—

9 Months Ended—

A

15

(1799)

-

The Dow Chemical Co.

Inc.—Consolidation Approved—

this corporation and Chicago & Southern Air'Lines,'"
cities in the United States and the Caribbean area,
April 22 by stockholders of both companies;-

of

merger

.The Commercial and Financial Chronicle

..

The corporation

filed

Mo.—Registers Wi Jl

Commission—

registration statement with the

a

SEC on Apr-1

500,000 shares of preferred stock, 6% series, 4 6)
for subscription by the holders of outstanding coi_' mon stock
at the rate of one preferred share for each 3.3 commo i
shares.
The record date, subscription price and underwriting terms v% i
17,

1953,

par,

to

to

be

covering

be offered

by amendment.
underwriter.

supplied

principal

Unsubscribed
ferred

stock,

shares are

6%

series

A

to be

($10

G.

H. Walker & Co.

par,

5%

is named as t "vj

outstanding p cumulative, convertible) oi
cash payment ( u
to the company
y

offered to holders of

exchange for their series A stock plus an additional
amount to be supplied by amendment) to be made

16

(1800)

The Commercial and Financial Chronicle...
Monday, April 27, 1953

the person desiring to make
be sola to the underwriters.
Of

the

$631,186.20
aeries

the

of

proceecs

will

be

applied

shares

A

the exchange.

cash

as

have

of

sale

the

to

amount not

an

such
for the

redemption

been

not

remaining shares will

Any

stock,

of

of

exchanged

new

exceeding
the 61,881
preferred.

Approximately $750,000 may be used by the company to pay off loans
made to it by its subsidiaries
land used for the purchase of a 50%
in the Midwestern Fire & Marine Insurance Co. at a cost of
$505,000 and for the creation of an additional $250,000 reserve); and

interest

the balance of the proceeds vwill be used to increase the
the company.—V. 177, p. 412.

working capital

of

General

Portland

Cement

Co.—Earnings—

(B.

Sales

3 Months Ended March 31—
Net

$7,423,100

before

Prov.

for

Net

Fed.

&

per

2.927,100

profits taxes—

excess

1,471,000

1,683,000

$1,170,700

-

$1,244,100

1,039.971

1,039,971

$1.13

outstanding

$1.20

share

common

174, p.

$7,183,400

2,641,700

——

—

—

shares

Earnings

taxes—

income

profit

Common

—V.

income

Coliyer,
the

Chairman

annual

salts,

23%

the

the first quarter

Capital

of

the

meeting on
first quarter

Board

April

and

will

Public

corporation

contributions
from
not

time

Utilities

has

Distributions

Corp.—Capital

received

SEC

authorization

make

to

capital

its subsidiary, Northern Pennsylvania
time but not later than Dec. 31, 1953,

to

to

exceeding $675,000 in

the

Power Company,
and in amounts
The subsidiary will use the

aggregate.

funds to finance construction or to reimburse
its treasury
for ex¬
penditures there from for construction purposes or to repay bank loans
effected

for

such

purpose.—V.

177,

1580.

p.

the

of

Federal

1953—2 Mos.—1952

revenues

$693,986

$584,730

$1,405,323

$1,172,7G7

expenses

448,868

420,497

972,346

863,829

income

taxes—

85,000

46,000

147.090

for

taxes—

52,165

44,683

101,574

fication

The

Dearborn

tax

date.

should

be

not

Experience

with

continued

this

beyond

has

tax

the June

that

proven

expiration

30th

subsidizes

it

waste

The

stockholders

value

par

The

voted

of

be

may

voted

to

This

under

allotted

'similar

cover

carries

by

the

to

a
on

tread

conventional

as

shares

100,000

Chairman

Net

operating

after

—V.

Income

$107,933

$73,550

$184,403

the

employees'
In 1947.
industrial

46,252

129,226

78,645

S.

stock

purchase

its

cartons up
permit.—V.

belts

177,

Period End. Feb. 28—

at

Operating

Operating
Operating

$648,054

$462,613

$1,255,050

$917,462

282,772
95,000

348.360

780,962

28,000

160,000
90,741

Net
Net

operating income
charges

177,

the

$125,333

$52,670

$223,347

$104,022

93,105

29,138

160,431

Stock Offered—The company on April 8

Preferred

—

publicly offered

cumulative preferred stock at par

April

on

directors
trical

Equipment

accrued

and

stock

improvements

—equal to

redeemed

at

to

a

to

are

be

to

used

$21

dividends

provides

company

in

revenues

the

in Texas,
1952

previous

totaled

$764,728

additions

telephone

service

in

217

ex¬

Arkansas, Oklahoma, New Mexico

amounted

while

year,

and

GIVING

to

EFFECT

$10,614,408

net

$606,473,

income

mortgage bonds:.—
series, due Oct. 1, 1974
3%% series, due March 1, 1979
3'/4% series, due 1980
3%
series,
due
1980
358 % series, due 1981

TO

PRESENT

loans,

demand

Cum.

due

Cum.

pfd.

stk.

value)

*A11

bank

time

in

than

payable

loans

bear

effect

in

3V2% ).
the

on

the

New

Such

unused

prime
is

rate

commercial

portion.—V.

The sharehold.rs

the

reduction

in

(but

3%.

177,

p.

interest

not

rate

less

from

than

time

23/i%

Commitment fee

of

nor

J/4%

is

April 15 approved the
capital of the corporation

to

the

number

Jb„'
by

or

shares

a

common

restricted

stock

«,,?n.Jh*ewbjiCt.of financi»g.
®na

System

from

stock

Directors
for
olficers
Corporation and its subsidiaries.

tbe

obtained

bonds,

29.3%

the

of

Donald C.

additional

of

6,000,000

preferred

recommended

capital

stock

would

President,

the

stock

equity

on

the

year,

increase

a

all

stock.

and

The

preferred

General

to¬

1953.

As

consolidated

of

the

4 75%

of

stock

33'/«

1953
the

have

sale

plans

H.

Husbar.

anc.

Robert

-V

President

F.

April

Johnson,

Transamerica

President

of

22

announcement

was

also

The

SEC

annotneed

on

April

FvJn113?-* to Se?,tion.19 [p)
in the $1

effective

at

on

the

the

funds

American

23

that

it

initially

was

offered

at

of

is

shares

or

credited

Accounts,

to

their

Dividend

before

or

on

May

ratios

so

Corp.,

C.

D.

San

Francis™

Johnson

Lumber

that

have been

elected

the

Ga<» t0

general

offices

oWa- wS

has

adopted

to

be

resolution

a

distributed
now

in

for

certificates

standing in the

Allison

Division

of

1953.

value

common

Stock

stock

Exchange, for
trading session

opening of the
en
April 23,
19d3.
Trading in these securities
eince March 13,
1953.-V. 177, p. 1680.




a
on

has

of

Act
Adolf

ten-day
saM

been

of

1934

GobeL

payment

equaling

susnanripd

suspended

4,052

$130,264

$292,231

$328,22®

128,860

129,108

386,421

387,246

70,058

70,058

210,175

210.171

$68,902

$304,365

$269,193)

adjustment Income

on

bonds.—V.

177, p. 1153.

profit

176,

alter

of

this

Motors

corporation.

report

concession

oversubscribed

annual

stockholders'

of

manufacturer

$1.10

per

the books

Fla.—Output Up—

the

new

meeting of this research
storage battery cap called

Sadler

noted
in his report that
the last six months of
showed the company in a "substantial profit position.**

year

Sadler

Mr.

also

that

announced

that

now

the

stock

active market on the company's stock
York, Philadelphia and Miami.—V. 176, p.

syndicate fs
be established

will

an

New

Insurance Co. of North
The

16,

filed

company

1953,

1266.

offered

for

panies.

This

is

a

30,000

to

sale

second

a

America—Registers With SEC

registration statement with the SEC on April
shares of its capital stock. $5 par, to be
employees of that company and five other com¬

covering

Subscription

Plan

offering made pursuant to Employees'

1950—V.

of

Inter-Mountain
28—Mention

173,

Stock

1377.

p.

Telephone
made in

was

Co.—Rights
issue

our

Expire April
April 13 of the

of

offering to common stockholders of record March 30 of
142,500 shares of common stock at par ($10 per share)
rights

one

share for each three shares held.

new

to expire

are

April

on

28.

Further details

follow:
PROCEEDS—The

of

the

net

proceeds from the sale of the 142,500 shares
applied towards reduction of amounts owing
short-term notes,
which, at March 31, 1953.

will

stock

common

by

company

be

on

$1,400,000.

CAPITALIZATION GIVING EFFECT TO

PRESENT

FINANCING

Authorized
•First

mort.

Outstanding

sink, fund bonds:

3%, due June 1, 1972
Series B 3%, due Dec.
1, 1976
Series C 3'/2%, due April 1, 197(L_
Series

6%

♦No

$331,913

60,853

-61,634

$0.80

$0.62

2163.

amended

in

and

restrictions

$11,600

$10)

BUSINESS—On Dec. 31,

of

35,000611*

700,000 shs.

amount

supplemented,
issuance

;

11,600

(par¬

35,000 shs.

(par

authorized

the

on

1,981,000

$10)

(par

stock—voting

maximum

433.544

as

stk.—non-vot.

non-cum.

ticipating)

433,544

377,000

720,000

D

Common

$405,668

$948,000

37/s%. due Jan. 1, 1977
long-term debt

Other

1952

requirements—
share

of

and

Series A

outstanding-

common

dealer's

a

of

the

at

and

fiscal

closed,

Corp.

1953

taxes

with

listing new sales and distribution facilities developed during the
year throughout this country,
Mexico and Canada, Mr. Sadler dis¬
closed company plans for establishing assembly plants to manufacture
Hydrocaps In Los Angeles, Philadelphia and Canada. Plans are also
being formulated for a subsidiary company to handle foreign sales.

holder

of each

(Walter E.) Heller & Co. (& Subs.)—Earnings—

is

additional

bonds

570,000 ah*.

.

the

in

indenture

the

but

provided

Indenture^

contains

certain

thereunder.

the company had 64,817 telephones In
local service in 34 exchange areas, in¬

1952,

service

and
was
furnishing
the following exchange areas in which were located approxi¬
64.3% of the company's telephones in service:
Bristol, Vir¬
ginia-Tennessee,
and
Johnson
City,
Ktngsport,
and
Elizabethtonr.

cluding

mately

Hercules Powder Co.,
Inc.—Earnings Higher—
Quarter Ended March 31—
Net

sales

income

—V.

&

177,

operating
after

:

1680.

p.

1953

.

revenues

Tennessee.

1952

$47,031,209 $48,019,899

preferred dividends

$1.16

';

J

,

...

$1.10
,

,

.

.

UNDERWRITERS—The -underwriters

erally
share,

and

Jointly

not

in

the

to

purchase

percentages

set

named

from

opposite

below

the

have

Hickok Manufacturing Co., Inc.^Files With SEC—
A

letter

of

notification

filed with the SEC on April 20
covering
$100,000 of 6% subordinated debentures due April 1, 1983 to be offered
at $80 per $100 unit (plus accrued
interest) by D. B. Bonbright & Co.,
Rochester, N. Y., for its own account.
.The. debentures, dated April l,
1953, are subject to redemption at
100% and accrued interest on 30 to 45 days' notice.
They may also be
redeemed through a sinking fund.
On

Feb.

1953 the company authorized

24,

$1,000,000

face

offered

was

amount

to

its

of

the

debentures.—V.

common

above

an

issue

debentures,

stockholders

of

of

not

which

record

exceeding
there¬

were

March

10,

1953

such

64,164

Courts

Gross

sales

excise

Cost

of

and

Ended

March

Subs.)—Earnings Up—

31—

other

returns,

operating
allowances,

inc.

1953

(less

royalties

Operating

Net

See

also

income

per

p.

177,

8

1580.

p.

A. Evans

(before

taxes

taxes

on

on

income).
income

Anderson

Johnston,

7,711,520

1,046.218

619,000

$1,062,564
£>r78,858

$1,438,095

$983,706

961,449

582,031

$476,646
common

share

7%
7

&

Strudwick

Lemon

&

Co

7

6

Corp.—Earnings1953

sales
income

for

profit

Common

Federal

income

taxes

2,100.000

per

2,251,000

$4,270,298

$4,024,511

2,315.839

2,160,161

S1.72

—

shares

$401,675

$0.83

1952

$62,994,231 $58,421,381
6,370.298
6,275,511

taxes

$1.73

outstanding

common

share

dividend requirements.—V. 177, p. 1680.

International Salt Co. (& Wholly-Owned
Subs.)—Earn*
Profit

before

Federal

Net

1953

taxes

$1,401,915

$0.70

—V.

176,

p.

1674.

(Continued

on page

55)

$737,839
480,000

$1.27

shares

share

$1,972,27®
1,234,433

480.000

taxes

common

per

1952

793,108

$608,807

income

profit

Number
Earned

1195.

& Co., Inc.

Robinson-Humphrey Co.,

Inc.

International Minerals & Chemical

$9,393,084

55,490

(net)

income

174,

The

9

3 Months Ended March 31—

profit

income

Earnings
—V.

V.

♦After preferred

$1,382,605

expenses

Clement

18

Nine Months Ended Mar. 31—

Net

•Earnings

11,421,151

sold

Provision for Federal
Net

1952

and

$13,849,974

Selling, advertising and administrative

38%

Equitable Securities Corp
Mason-Hagan, Inc
Scott, Horner & Mason, Inc.

Net

dis¬

tax)

goods

shares.

Co..

&

Provision

Three Months

pe»

names,
so
offered to stock¬

of the 78,336 shares of common stock above
holders, other than the two principal holders, as are not purchase*
upon the exercise of the subscription rights, provided such two
prin¬
cipal holders purchase the remaining 64,164 shares offered to them.
Such two principal holders have Indicated their intention to
purchss*

Profit before

(&

sev¬

$10

respective

in

170, p. 787.

Hoffman Radio Corp.

agreed
at

company,

their

many

period

Excb"n»

3.970

Rayon

in the ratio of

the

stock

of

name

President

General

order

an

1,253

$85,717

expansion

President
the

The

providing

3 Months Ended March 31—

Other
entered

$324,177

1,323

After

be

Rein¬

15,

exchange for their holdings of common stock on the basis of 13 shares
of stock for each $100 of debentures.
This offer expired on March
31,
1953. At Dec. 31, 1952, there were
outstanding 424,134 common shares
(par $1 each).
A total of 130,000 shares were
exchanged for the 6%

such

$288,261

as

and

in

position.—V. 177,

$129,011

the

upon

of the Securities Exchange
par

dent's

in

sell

Gobel, Inc.—Stock Suspension
Continued—

suspending trading
listed

trans¬

Clevering has been located in Washington, D. C. as Eastern Zone
Manager
with
the
primary
responsibility
of
representing
General
Motors' defense production in the Capital and
throughout the East.
—V. 173, p. 1478.

counts,
made

176!Tl708*OUld ^ m°Ved fr°m AUgUSta>

(Adolf)

Inc..

of

°re" * Georgia-Paciflc subsidiary,

directors?
On

s,

offering prices,
for lump sum

both

to

Georgia-Pacific Plywood Co.—Two New
Directors, Etc.
Sam

to

figures
thereby

subsidiaries

of

Telephone Corp.

has

common

System

stock

common

conversion

approximately

n °r *mProve ks consolidated equity

Calif.,

1953,

to

during

$328 095 000

was

Should

the

pointed

securities

through

preferred
of

stock

of

of its
4.75%~ preferred stock

common

bonds

and

by

employees

during the first three months
capital totaling $4,150,000

and

additional

p8

the

p.

to

sold 300,000 shares

subsidiaries

19*>3

leave

—V.

Power,

/?® converted during the
basis

additional

will

per

by

2,399.525

$84,394

the "Hydrocap."

Mr.

Earnings

key

capitalization.

consolidated

debentures

initial

Clevering has been elected

shares

fold

shares,

a

He

B.

dividend

time

1953—3 Mos.—195a

$2,723,705*

inccme

share

per

total

Common

i

equity on
System

15,

Funds

A special meeting of stockholders will be
April 30 to ratify this payment.—V. 177, p. 833.

Preferred

opore than 95,000 shares the first three months of
f
e, ofuthe additional common shares and the
4.7,.
preferred
shares

May

these

on

per books of the company.

Net

corporation's

.0

their

Investment

dividend

to

time

$54,244,000 in additional
that total capitalization as of
Dec. 31, 1952

approximated

about

or

required by present shareholders
representing
the
stock
distribution
will

number of shares

from

plan

other

taled

basis

on

share

per

convenient,

certificates

have

Net

4,000,000

option
and

iLt87? 19"' the'cooperation
stock.
Conversion of the
of

directors

stock

a

Authorized

of authorized shares

of

-

made

a

authorized

of

i?"ease.the
and

500,000,

Board

of

following:

excess of the capital represented by converted
over the capital required to cover the par
common stock issued
upon such conversion; an
amendment
certificate
of
incorporation
(a)
to
increase
the

•

Earnings Lower—

production and merchandising facilities, majoc
product improvement, new product development projects,
plans for
new
manufacturing plants in this country and Canada and a marked
gain in the company's profit position were highlights of the presi¬

Pfd.

^na,m0Un equal t0 the
•
Pf®*erred stock
the
1

and

1472,

on

the

be

mutual

shareholders,

Richard

320,000 shs.

to Charles G. Wray„

2,412,468

This offering was
closed.—V. 177, p. 1680.

Harvill Corp., Los Angeles, Calif.—Elects New Pres.—

General Telephone
Corp.—Capitalization Increased—
,

Shares,

32,000 shs.

City
now

of

624.

(issu¬

York

to

1/9 of the

278,255 shs.

*

effective

$113,201

company

effect

Group Securities Periodic Investment Plan.

certificates

177,

held

500,000 shs.

Oil

to the special

$2,700,729

share.

per

p.

as

value)

par

exchange

The

400,000 shs.

Dearborn

prior

also became

Corp.—Secondary Offering—A sec¬
ondary offering of 15,500 shares of common stock (par
$1) was made on April 22 by Smith, Barney & Co. at

of

as

Periodic

of

450,000

of

of

bj

Hold¬

792,953

Industrial Research, Inc., Miami,
1595, and V. 139,

p.

1953.

price

more

three

$5.50

or

400,000 shs.

(no

164,

Gulf Insurance Co., Dallas, Tex.—Stock Dividend—

1,000,000

preferred
stock

these

of

—V.

(issuable

series)
series)

Common

the

vestment

32,000 shs.
par

the

with

purchase

prices

mailed

3,250,000

...

i$20

space,

furnish¬

share, two in 1934 and one in early 1935.
April 17, 1953 were $16.26 for Electrical Equip¬
ment
land Electronics) Shares, $14.20 for
Investing Company Shares,
and $14.41
for Petroleum Shares. Since their initial
offering capital
gain distributions per share have totalled
$3.06,
$3.12
and
$2.01
respectively.
<•
•,

Closing

2,280.000

3,200,000
450,000

stock.

$921,964

income

Industrial

$46

men's

2,000,000

in

5V2%

more

value)

of

will

30,
the

consistent

their

equivalent

2,250,000

2,000,000

prefr rred

in

Outstanding

3,250,000

31, 1953—
payable to parent—

par

Klein's

1,600,000

series i-

able

April

reduces

nearly

No

$3,250,000

1,600,000

Dec.

pfd. stk, (no

in

$2.20

more

additional

2,280,000

1982

notes,

S.

above.—V.

Electronics)

distribution

actions and under

FINANCING

3,250,000
2,250,000

—

series, due

prelerred

$50,000,000

3%%

3%%

against

as

after

respectively.

Authorized
First

'Bank

by

occupied

Corp.

(having

property.

CAPITALIZATION

to

share

per

for

pay

Louisiana.

Operating
$8,874,587 in

April

on

floor

1580.

p.

Grocers

(and

record

action

Each

BUSINESS—The

6%

This

making

proceeds

changes (4'3 communities)
and

be

may

dividends.
net

is

of

feet

square

100% distribution
2-for-l split—on Investing Company Shares and Petroleum

The

PROCEEDS—The

announced

was

,

38,360

split-ups) were declared
20, on three industry Funds of Group Securities, Inc.
The
voted a 200%
distribution—equal to 3-for-l split—on Elec¬

of

and

already

distributions

holders

preferred

York City, it

New

comprises

Group Securities, Inc.—Stock Distributions Declared—

Shares.

per share), without underwriting.
Mitchum, Tully
Co., Los Angeles, Calif., is acting as dealer-manager.

stock
escrow

the exchange offer

the public at 5%__

of

Rapid

($20

5%%i

floor

Consolidated

&

The

Square,

acquired

main

Stock

75.000 shares of 5V2%

outstanding

approved

common

842,811

Deficit

2205.

p.

59,005

General Telephone Co. of the Southwest

overwhelmingly

1953—Month—1952

charges
on
adjust, inc. bds.
outstdg. in the hands

Griggs, Cooper & Co.—Consolidation—
See

1257.

p.

Union

building

ings department.—V. 177,

65,698

after

—V.

and

54,500

33,583

Operating taxes

value, lor

par

stockholders

$927,205

•Income

693,242

44,949

revenues

expenses
income taxes—

Federal

60c
the

to

very satisfactory growth, according
the Board.—V. 177, p. 1368.

income

Gross

833.

by Spencer Alien, Vice-President.
The

1953—2 Mos.—1952

likewise

the

Period End. Mar. 31-

belt,

On The Souare, Inc.,
a wholly-owned
subsidiary, has ac¬
sixfloor building attached to its main department store build¬

a

2-18

Ohio—Earnings—

1953—Month—1952

20.
lor

Int.

conveyor

p.

tn»
par

value.

corporation

number

Klein

quired
16

General Telephone Co. of

a

of

♦Exclusive of interest

ing

1257.

of

90%

operating revenue
Operating exp. & taxes

with
premium
tubeless
tire,
that
or down grades almost twice

new

01
10c

reclassi¬

Grayson-Robinson Stores, Inc.—Unit Expands—

$138,780

80,829

charges.

177, p.

stock,

common

10c par

this

was

Gross

■

Net

Corp.

the stockholders,
20.

have shown

stock of the company

comman

key

the

announced

heavy packages and

steep

88,158

has

company

Gas

of

stock,
by

having deposited their shares in

Non-operating

Increase

unissued shares of the

ana

The

George C. Schoonm&ker has been elected as President of Holly
which plans to place more emphasis on its oil operations, whicti

Corp.

each.

$10

stock,

value.

of
business on April
their stock certificates

amend

18,355

preferred

to

stockholders

of authorized

to

eliminate

to

relating

send

Hudson & Manhattan RR.—March

the
company's certificate cf
shares of prelerred stock, and the
stock, and also voted to change the
authorized shares of common stock, without par value, both issued
and unissued, into the same number of shares of common stock
having

a

Mr.

to

share

one

made

of

April

on

of

common

than

more

Corp.

meeting

y

provisions

as

Gas

beginning

requested

reclassification

common

par

value, to the transfer agent of the company
them for certificates of common stock, 60c par

offer

&

of
60c

approximately 77% of the outstanding

extravagance, and discourages vital business expansion and invest¬

incorporation

a

Oil

of

of

ers

on
the company's heavy tax burden,
which totaled
$91,000,000, or $21.95 a share of, common stock in 1952, Mr.
Coliyer said,
"we
all agree that a
strong domestic economy
and
adequate military strength are essential, and that a balanced federal
buaget should be realized. However, we feel that the so-calied excess

of

shares

stock,

the

at

the

approved

six

common

par

the basis
shares

echange

holders

been

10c

2

each

of

effective

have

exchange

on

six

each

share

stock,

will

value,

April

on

changing

one

became

common

.

Commenting

profits

stock

Into

Stockholders

82.000

operating

Other

stockholders at
increase in
higher than for

who

the company

business.

which

1953—Month—1952

somewhat

over

Telephone Co. of Indiana, Inc.—Earnings—

Period Er.d. Feb. 28—

Operating
Operating

told

value,

of last year, he said.

expenditures

privilege plan approved by stockholders

General

L.

substantial

the

be

stockholders

or

common

the year 1953 were esti¬
mated by Mr. Coliyer to be materially above the $21,900,000 invested
in 1952.
He stated that funds to finance such capital investment are
being oblained from depreciation reserves and lrom earnings retained

and

365.

General

President,

With

21.

earnings

Holly Corp.—Stock Reclassified—
The

*

quarter of 1953 increased to $171,175,551,
more than in the
first quarter of 1952, John

ment."

The

Sales Up 23%—Par

first

1952

1933

sales

Goodrich Co.—Quarterly
the

for

approximately

in

Profit

F.)

Value of Common Stock Changed—

$1-5*

Number 5215... The

Volume 177

(1801)

Commercial and Financial Chronicle

Stock Record «» New York Stock Exchange
WEEKLY VOLUME OF TRADING

DAILY RANGE OF PRICES

FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES

Highest

Lowest

64% Jan

6

125

Oct

2

5% Nov

ft

108

Jan

2

Apr

103

24

23

4% Apr

2

8% May

Feb

42

10

ACF-Brill

22

6% Jan

23

26% Jan

6

Acme

Adams

24*i Nov 26

30% Jan 24

Apr

24

30% Sep 16

35% Jan

30

29% Apr

22

35% Jan

2

33% Oct 20

42% Jan

0

33% Apr

13

36% Feb

25

23

19

64

22

32% Oct

Jan

24

51

23

11

106

Apr

151

9

70% Jan

12

23

5% Dec

2% Apr 24
79% May

1

9

4% Feb

6

May

76

4

Jan

18 V» Feb

158% Dec

5

82

08

Nov 10

110

•5

Jan

2

98

Apr 30
67% May 7

10

Dec

27

9

152

Jan

6

13

91

Apr

10

8

39

Jan

18

36

29%

*33

34i%

*33%

49"%

49'/4

*49

50

26%

27%

26%

27%

26 y3

26%

26

9'/8

9%

9%

9 Va

9%

9

w
50
common__No D»r

*50%

51%

50%

50%

50%

26%

27 Va

26%

27

26%

preferred w

July 17

99% Apr

23

104

Feb

4

94% Apr

17

97

Jan

26

l

Allegheny & West Ry 6%
Allen

Industries

2

Allied

Chemical

69% Apr
19% Feb

11

22

Mar 25

Allied

Kid

27% Apr

24

33

Jan

Allied

15

36% Apr

23

Oct

1

92

Allied

40% Jan

8

Apr

10

93% Feb

16

51% Apr

7

59% Jan

2

102% Apr

24

118% Jan

2

44% Feb

18

45% Apr

100
common—No par
convertible preferred—100

20

Aluminum

547/b Jan

20

Aluminium

ft Apr

21

Limited

75% Jan

Amer

15% Jap

American

Jan

2

77

Apr

24

20% Dec

31

17% Apr

15

19

55% Apr

9

61% Feb

Dec

43

19

;
'

36% Oct 30
Oct 17

102

107

21

Feb

Apr

23

98

Apr

23

2nd

26

40% Jan

27

47

36

Apr 22

14

6

4% Dec 29

Jan

Feb

4%

4% Jan

7

31% Feb

9

45% Nov 12

40% Apr
34% Feb

23

42% Jun 27

73% Apr 23

83% Jun 26

76 % Feb

6

37% Oct 24

32% Feb

8

29

42% Jan

50% Jun

8

19% Feb 25
Mar 6

43% Aug
31

2

14% May 21
89

May

83% Oct 30

16

18% Mar 25

American

Colortype

23% Mar 25

American

Crystal

96% Mar

5

4
6

Jan

6

151

34% Apr

24

39% Jan

31

7% Apr

16

8% Jan
31% Jan

5

9

29% Jan
16% Mar

3

33% Aug 11

28% Feb

9

7

18% Aug 14
12% Mar 7

15% Apr

24

17 V. Feb

Feb

19

10% Apr

30% Apr

24

83% Feb

7% Nov 13

8

20

17

37

Jan

36% Feb

30% Sep

3

45

*35% Oct

8

39% July 23

9

8

Peb 14

96

5% Apr
73

Jan

14

6% Jan 23

Aug

8
Dec 19

8y0 Mar 17

Jan

9

93% Apr

19% Apr

20

22% Jan

15

SS

convertible

96% Jan

14

100% Mar 17

1%

20% Jan

16

24% Mar 16
86
Feb 24

Amer

19% Feb

Sep

9

24% Dec

2

78% Feb 11

84

Apr 24
18% Dec 31

13% Apr 24
97

Jan

3

Jan

2

7

Dec

19

39

Oct

105

31

8

Jan

24

18% Feb

17

3% July 28

•

2% Nov 20

16

16% Apr

Feb 23

175% Aug

13% Oct

Aug

7

1
8
7% Jan 17

29%

29

29%

1,800

45%

45 Va

45%

44%

45

3,900

*go
48 y2
136

24

15% Feb

2
4

24

171% Feb

6

Jan

2

7% Apr

14

23

6

2% Jan

com

1

Co

No par

No par
B___No par

;

No par

100
5
10

Razor

34

Apr

9

50% Dec

18

6

40

40"% Aug 18
60% Mar

6

10% Oct

16

150% Jun

11

161% Dec

Mar 14

54% May 19
129% Jan

3

1

9% Dec 15

82

Feb

7

7

16

26% Feb 13

f§ko<a
W Oct

a
15

IP*
55% Jan 24

2

48% Dec 31
31% Jan

2

Jan

15

106% May 21

40% Oct

15

53% Jan 10

48% Dec

_^or lot

50% Dec

19

24% Jan 24
6% Jan
60

July

No par

100

preferred
Co

25

common

noncumulative preferred—100
Co

American Stores

No par
No par

American Sugar

Refining com—100

preferred

100

7%

American

Sumatra

American Tel

American

6%

5

Tobacco

100

Tel Co

&

Tobacco

25

common

100
Corp com
_25
——100

preferred

Apr

10

Jan

2
5
7

9% Jan

7

10% Feb

2

American Water Works Co Inc

Apr

24

27% Jan

2

American

82% Feb

17

45% Apr
115

20

119

5%

7%

88% Mar 17

66% Feb

24

Apr

20

21% Jan

5

83

Apr

20

97

Jan

6
26

?«% Apr 24
46% Apr

26% Jan

20
2

45% Feb

57

Jan 30

preferred

Woolen common

No par

100

preferred

Amer

$5

prior

Anaconda

conv

preferred

Copper

Mining

25
50

Anaconda Wire Si Cable
Anchor Hocking

15
106% Mar 5

5

$4 conv prior preference
No par
Zinc Lead & Smelt com
1

77% Mar 17

14

Viscose

American

No par
Glass Corp—
6.25

Common

30% Apr

38% Apr 20

45

4iy4 Feb

56% Apr

17

No par
_21.50
Anderson-Prichard Oil Corp
10

15% F6b

58

Andes Copper

102

12

Apr

7
9

Apr

Jan

5

$4

preferred

;

Anderson Clayton & Co

P W

Mining

Products

Co Inc—

3

4% Feb

17

5

Jan

7

A

7

40% Apr

24

5?

tan

"

Archer-Daniels-Midland

tnorcg see page 28.




74% Mar 16

23

16% Oet

5
10

5

60% Jan

95% Jan 22

4% May

23

138 V4 Jan

37% Jan

38% May
1
11% Nov 21

14% Jan
161 y4 Jan

Co

American Steel Foundries

19

8

81% Nov 18

102

7

Feb

24

22% Oct 22

May 12

12

57% Mar 18

Apr

69% Jan 21

34

153% Apr

39% Jan
134

Jan

119% Jan 24

40% May

2

24
Apr 14

65

3

64% Nov 19

2

Jan

132

16

13

Feb

52

66% Dec 16

Dec

7% Jun

38

128% Apr

139% Nov 21

116% Jan

57

21
9

20

Apr

135% July 1
16% Jan 11

127

Apr

Apr

32

Seating

Amer Smelt & Refg com

14
5
.No par

7%

7%

371/4
7»/4

7,800
700

20

*92

94

19Va

40O

2,800

19%

24 y4

24i/4

102
16%

♦101%

102 Va

*101%

102i%

20

16V4

10,500

♦96%

97Vi

100

9,700

102%

16%

16%

102

16%

16

16

16%

♦96%

97%

*96%

97%

22%

22%

22%

22%

22

22%

21 Va

221/4

82%

82%

81

82

81

81%

81

81

17%

17%

17%

17%

2,700

20

20 %

19%

2OV4

7,100

97%

♦96%

100%

*100

16%

16%

100

16%

430

100

99

99

16%

16%

16 Va

16%

16 %

2,800

*7%

7%

*7%

7%

500

100

-

"*99

100

7%

7%

7%

7%

34

34%

34 Va

>;34Va

33 Va

34%

33%

34

35%

35%

36 V*

36 %

36%

37

36

36%

33%
32%

33%

33%

33 Va

33%

33

33 V*

32%

32%

31%

31%

♦30%

31%

300

*32%

32

2%

2%

2%

2%

2%

2!%

2%

18,400

141/4

12,400

7'%

33
*32%

r

& Light—

Power

36%

37%
94

24%

17%

20%

39

19%

20%

102
16%
7%

1,300

2,100

33

*36

24%

17%

16%

10,600

4Va

24%

20 Va

20

30%
53%

20

17%

127

29

30%
53%

24%

21

*100

37,000

20

i7ya

No par

9,200

9%

9

9%

24%

20%

9

36% Jan

*102

16

200

20

17%

14

29

17

30

*18%

17%

Apr

16

24%

*92

92

S7%
22%
82%

36% Apr

30% Oct

*19%

92

*36

39

97V2
22%
82%

American

122% Oct

16%

93

93

*37

No par

Optical Co

preferred
American Safety

6%

igy2

39

100
No par
100

Co

Snuff

4%

95
193/4

24 V4

Metal Products Co___—2

Ex-distribution

American

*93

7%

100

Ltd

Co

-v4%

102%

7%

2

4Va

23%

American Ship Building Co—No par

Feb

4%

4%

*101%

6

127

54%

*4

100
1

30

120

30%

54

4%

common

13

20

30%

54%

4 Va

*7%

Jan

Jun

31

54%

36%

65% Jan

131

30%

55%

7%

Amer Rad & Std Sany com—No par

7%

31%

55

37%

44

6

31

55 V2

1

Amer Potash & Chem cl

2

31%

9

*7%

23% Jan

Feb

15%

9%

37%

preferred

300

*28

16 Va

7%

14

39% Feb

16 y.

-

200

1,500

9%

9%

28,400

7%

16 Va

38%

23

144

15%

16%

48%
34%

9%

9 Va

300

500

7%

7 %

16

17%
21 Va

92

34%

23%

*7%

19% Apr

9

7%
28%

37%

36% Apr

2

7%

79%

132

132

34 Va

29%

*35%

48% Jan

165% Sep
39% Feb

47%

48 Va

135

7%

38

3

11

*90

*28%

39

12

19

.

34%

7 y4

Jan 29

Feb

47
*129

35

37%

49% Dec

38% Dec

30

49%

136%

*35y4

24% Jun

148

7%

*7%
*29

35

4%

Oct 29

53

*35 Va

48%
*133

21%

22

92

1

42% Apr 24
38% May 19

39

35%

17%

17%

22

92

16%

111

& Fdry com
preferred

American

19

138

*17%
*90

22%

55

39% Mar 24

Apr

49%

48 Va

*90

18

30%

American

2% Jan

.

*135

22 Va

9y.

18

14 y8 Apr

29%

16

Molasses

167

7%

29%

News

30

35 %

7%

Natural Gas Co—_No par

36% Jan

136

*35 V4

American

23

600

79%

29 Va

American

31% Apr

9,500

*78%

American

39% Sep 23

2,400

33

80%

Mar 27

33% Oct 28

401/4

29 Va

prior preferred

Locomotive

Metal

16,600

37%

38 Va

1

preferred

American

37,200

40 Va

40%

38

6,200

5i/a

29 Va

Mar 17

5

40 Va

■■■',

16%

35 Va

35 Va

35%

50

Mach

4%%

35 Va

14%

79%

37

29% Jan

39%

5

5%

79 VA

37

36% Jun 12

41%

38%

15%

16%

29 V*

2

32% Jan

41

38 V*

*

38

*14

14%

5

300

13,500

29 V4

11

31% July 30
38% Dec 19

165

Amer

14%

*78%

7% Jan
"

Jan

cum

American

105% Feb

24

14 Va

No par

American Investment Co of

3.90%

14%

5,800

78%

32% Feb

4

35% Dec 11
36

Feb 27
9
2
7% Feb
4

24

Apr

16y. Apr

99

May 15

17% Dec 31

2

26 y4

19% Apr

30% July 23

*22% May 16
13

79% Jan 12
17 y* Apr
6

98

29 %

10

Amer Machine & Metals

102

36 Va

98

78%

American International Corp.No par

18% Mar 26

24

36

98

100

300

29 %

noncumulative preferred__100

5%%

36 %

1,200
12,400

*78

preferred

16

Jun

41%

41%

Products

Home

23

16% Apr 24

36%

36'/4

com

American Ice Co common

Apr

•6

35%

41 V\
37%

& Leather com

Apr

18
9

36%

36 %

Co

16

Mar

43

16%

5%

41%

5
Hawaiian

102

25 % Mar

9Va

43

Gas & Electric Co—

j'uiTil

104

5Va

92

Dec

20

5%

*90

21%

23% Apr

4%

45%

American Hide

56

44

*14

16%

4 Va

*17%

G%

17%

9%

98

15

16%

23

25

3

14%
*14%

16%

17%

19% Jan

4

15

45%

6%

17 %
*55

9%

36

16'/a

x35%

Co

Sugar

23% Jun 30

Peb~19

♦14%

16

17%

Co

30% Peb 26

17%

14%

14%

15%

45%

6

86

14%

16
43/9

*22%

American

Apr

14%

22%
92
49'A

4

4

14%

17%

39% Feb

5% Jan 10

14%

1,300

>

25

New

60% Mar

99%

45%

19

9

37

99 V4

22V4

20

Jan

36%

100

45%

2
5y8 Mar 25
38% Mar 13

48

55

37%

37

*17%

American

11

Feb

45% Jan 10
3% Oct 21

*42 i/a

10
10
4y2 %
prior preferred
100
American Cyanamid Co com
10
3 % % conv preferred series B-100
American Distilling Co
20
American Encaustic Tiling
1
American European Secur—No par
American Export Lines Inc
40c
American & Foreign Power—No par
American

4

44%

No par

Chicle

American

55% Jan

23

42%

*42%

34,500

56

9%

42%

1,000

13
78

100

60 y. Feb

Mar 16

9%

62%

12%
77

17%

*55 Va

9%

62

100

13 V*

17%

55%

9%

165%

78%

12%

9%

♦99

500

5.700

165

63%

61%
*78

18

55%

17%

168%

164

79%

*17%

2,300

17%

n

No par

Cable

&

2

Apr

*78%

18

56

35 Va

preferred

American Chain

2

47

78%

17%

12.50

common

,

55%

25

Co

24

90% Jan

13%

78%

2%

3GV4

18

*17%

63%

13%

*14%

1

preferred

26

132

Dec

Radio Corp

&

34% Jan

9

8

7%

•'<*.

63%

13%

1

American Car & Fdry common

85 y. Mar 18

Jan

6

Can

.

64

13%

355.700

2%

*35%

Va

36

172%

1

new

Apr 24

22
54% Jan 22

59% Jun
170% Jan

9

1%

„

18

18

168%

20

Inc

Cable

American

5
11

„

No par

preferred

44% Apr

96% Jan 15

Apr 15

50% Aug 25
143

Mar

50
2
50

preferred
100
Broadcasting-Paramount

ley. Jan
21% Jan

26

30% Feb 13

44% Jan
41

9

common

preferred 1952 ser 5%%

American

36% Mar 25

36% Dec 12

5

Oct 22

38% May 16

5%

24
Sy« Apr 21

16% Apr

2

Corp

Ctfs of interest in com new

15% Mar 20

9

11

10

convertible

Theatres

15% Mar 19

18

Mar

15

100

preferred

V*

18

173

%

3

2%

63%

13%

Amer Brake Shoe Co com

103% Feb 20

dAmer

13% Feb

Bosch

1,600
9,100
42,100

36

U

13
3

36%

is y.

*63Va

1

sit
*36%

37

172%

172

No par

2%

*2%
*35%

173
64y2
13%
78% 78%
*17y4
17%
*55% 56%
9%
9%
*42
42%
37'A
37%
*98Va 100%

No par

conv

cum

(The),

preferred

American

12% Jan 29

22

42% Apr

7
53% Aug
7
41% Mar 13

6%

Jan

13

ft

American Bank Note common

20% Feb

9% Apr

15% Aug

10% Dec 18

3ya%

84% Feb
59

*49%

2%
35%
18%

Corp

Airlines

49%

*2%
35"%
*18

common

Agricultural

105%

49%

1
50
1

Chemical

Petroleum

Amerada

5

189% Jan

23

104

105 Va

50

43

164

23

104%

1,000

42%

Amalgamated Sugar Co

23

12,700

50

19% Mar 18

Apr

52

104

*91

42 Va

9

12% Apr

100

51%

102%

52

42 Va

Jan

61% Apr

92

52%

93

*91

53

52%

500

43

17

2

6,700

42%

11
9
30

2,200

381/4

43%

18% Jan
Dec

27%

26 %

50%

36 % Mar 24

Apr

20

27%

37 Va

106

106

;

16% Jan

20

28 Va

93

*91

53%

52%'

20

42

30

00

105

93

*91

52%

,

42%

33 V* Jan

Nov 25

37%

37%

9,300

44%

2

55

28 Va

37

70%

28 Va
36%

20%

28

37%

69 Ta

43

Jan

Apr 29
16% May 5

20 y4

28%

37%

900

70%

43%

Amalgamated Leather Co com
6% convertible preferred

73

20%

28%

92

10

9%

20

71

9%

69%

9%

9%
70

98

9%

42i/4

23

74

*96

9%

43

21
21

*235

100

98

*96

98

45

ft Apr

2

5,500

102

41%

2% Jan

9

34

*98%

*86

44%

41% Apr

12% May

100

33%

99%

45 V4
45%

3

60% Peb 20

90

53 Va

102

73

71%

87

,

.

49 Va

19

141% Jan

9%

9%

9%
72

1,100

S3%

34%

*96

98

24,900

33 %

92

*98%

102

20

4%
139

140

49 %

3% Jan

15% Sep 15

*98%
*96

1,600

73

4%
139

8,300

140

144

34

*72%

4%

70

3 Va
19

87

*140
*84

92

34%

34%

1,000

156

3
19

73

4%

4%

*153

3%
19

*72%

72%

4%

13,400

44 %
45

54% Sep

35

♦84

-

*20%

No par
new—1

new

Rights

92

34%

72%

4%
145

60

26%
105

49%

2% Oct 23

3% Mar 24

73

4%
144

50 Va

26%

no par

America

of

Co

*72%

4%

6,400

106

155

3i/a
19

8,900

9%

*50%

26%
107 va

154

3i/a

191/a

21

preferred

Alpha Portland Cement

51% Mar 28

23

73

145

3Va
19

29

,

Allis-Chalmers Mfg

3y4%

19%

96

common__No par

Corp

19 Va

104%

No par

Stores

4%

155

19

29
37
92
52 V8

5

Co

106%
155

3%

102

9%
70 %
*20%

107Va

25%

9

51

26 y.

800

49

25 Va

a

9y8

♦106

34Va

49

26!

♦50%

51

26%
107 »/4

3%

96

No par

Dye

*155

3%

*99

1

Inc

&

47% Oct 16

Nov 24

4%
145
*85
33%

100

gtd

Mills

8

42% Apr

33

*72%

1
100

prior conv preferred-No par

8

49% Dec 30

36% Peb 21

100

preferred

3

156%

3 Va
19

29%

156

107%

108

107
*155

_5

common

Mar 27

95

9

100
100
10

pfd 1951 series
& Vicksburg Ry
Gold Mining

4.50%

13

61% Dec 23
123
Dec 23

46% Apr 17

Inc

Reduction

40% Dec

Apr 17

90

2,600

29 Va

34i/4

49 Va

$2.50

17

76% Jan

23 Va

29%
*33 %■

Allegheny Ludlum Steel Corp_No par
$4,375 cum preferred
No par

Nov 25

36

2,600

49%

4y4%

Jan

21% Jan
»

23%

23 Va

34%

Allegheny Corp common
5 V2%
preferred A

Feb

10% Mar

23

4%

23%

30%

Inc

Feb

9

5%

2:%

49%

Aldens

5% Mar 25

Jan

:o

300

13,100

30%

1
No par

20 Va Mar 18

80

9

23%

4%

*33%

.

32% Apr

23

24 y8

4%

34%

Alabama

21

78% Aug 11

Aug 28

32% Peb 21

95% May

5

46% Jan

8

5y4

23%

7.000

42 Va

103%

4%

103

49%

$3

132

23

May 24

Apr
7
31% Oct 16

73

5%

4%

Shares

42 Va

103 Va

42%

42
103

24 y.

Juneau

Feb

43%
103 Va

5

Co

Alaska

74

42%

103%

24

Corp

Express

14

3% Apr

43%
104 %

the Week

30%

Air

8

Mar 11

160

2

Apr. 23

43%

10

Friday
Apr. 24

Thursday

30
*33 %

3

Mar

114% Jan

7

2"% Jan

23% July

18% Oct 29

24

Apr

6

3% Mar

6

29% Jan

Aug 28

155

2

18

30

115% Dec

17

79

Jan

2

Jan

2% Jan

10% Mar

2

8% Jan
26 % Anr

22

Sales for

PRICES

Addressograph-Multigraph Corp__10
Admiral Corp
1
Affiliated Gas Equipment com
1

6

29% Dec

SALE

Apr. 22

♦i03ya

43

5 %

Co

HIGH

104%

42%

*103 %

,2.50

Co

Motors

Steel

Adams-Millis

27

32% Jan

1

106% May
139

59% Jan

24

50

May 21

61

18

May

24

7

9% Jan

7% July 11
48

Apr

25% Apr

49

Sep 24
9

Dec

24% Jan

56

3

100

preferred

4%

29

Jan

AND

Wednesday

Apr. 21

Apr. 20

Par

Laboratories

Abbott

5

47% Jan
112

Tuesday

Monday

STOCK

EXCHANGE

Highest

Lowest

YORK

NEW

Range Since Jan. 1

Year 19&2

41% Oct

LOW

STOCKS

Previous

Range for

2%
2%
14y4
14%
*168
172
7
.7%
20 %
20%
54 y4
54 %

36%
37%
*145
146
38%
38%
120
120%
32V2
32%
39 Va
39 V2
*54 V2
56
129
130
12V2
12V2
155% 155%
72 V2
73 V*

133% 133%
47 Va 48
*115% 116
9%
9%
20 %
21 y8
83% 84 %
69Va 69%
14
15%
83
85
38
38%
46ya 47%
29% 29%
*102
102%
38 V4 38%
64
55 Va
12 V8 12 y8
*4%
4%
43
43 y4

14%
*168
7

20%

14%
172

7%

7
20

54%

54%

37%
146 '

38%
*120 Va

14%
*167

20%

37%
146

2%

54

14%
172
7

20%
54%

36%

37%

147%

148%

14%
*167

38%
122

38 Va
122

34

35i/4

35%

1,1001

32%

33

2,200

14%

14%

167

172

167

6%

6%

7 Va

4,100

19%

19 Va

19%

19%

1,600

53

36%
147

52%

430

37 Va

36 Va

36%

19,700

147%

145i/4

146%

310

52 y4

53

38%
123

38%
123

38%
♦122

38%
124

3,300

39%

2,000

323/4

32%

32%

32%

39%

40

40

40

39%

39 Va

39%

56

*55

55%

*54%

55%

129%

129%

56

*55

130

129

128%

640

12%

12%

12%

2,200

154%

73,600

129

12%

12%

12%

155%

156 Va

154%

155%

154%

155 Va

154%

72%

73%

72%

73%

72%

73%

71%

47%

133%
43%

133
46 %

100

128%

12%

12%

133

40

32%

32%
56

700

32%

32%

129

20

6%

•

38%
122

12,600

33%

•

133%

132%

132%

47%

45%

46%

*115%

116

132

721/4
132

45%

461%

115%

1151%

15,600
600

22,400
40

*115%

115%

115%

115%

9%

9%

9%

9%

9%

9%

9%

4,100

20 Va

20%

20

20 y4

17,600

9Va

20%

21V*

20%

20%

83%

83%

83%

83%

84

84

83%

83 Va

68 Va

68%

68%

68 Va

68%

480

69'/a

68%

69

14%

15

14%

14Va

14%

14%

14%

14%

9,100

83%

83%

83

83

320

230

83

83

38%

37%

38»/4

'37 Va

37%

36%

37%

35,400

38%

47"%

47%

46%

46%

47 V*

47%

46%

950

47%

28%

*83

29%
*102

84

29%
102 y8

28 Va
*102

29%
102 y8

28%
*102

29 y8

102 Va

*38 Va

39 Va

38%

38%

38%

38 Va

53 V4

54%

51%

53 y4

51 %

52

12 Va

12 y8

12 Va

12%

12

12

4%

4%

4%

4%

42%

43%

42

42%

*4%
42

4%
42

28 7/a

2,500

102 y8
38%
38 Va
51 Va
55 Va
•12
12 V*

26,400

4%
41 y4

3.300

*102

4%
401/4

1,600

1,000
80&

17

*

■**

18

A,:

%.

.

(1802)

DM *«#.

^

*

'«»

The Commercial and Financial Chronicle

*

NEW YORK STOCK RECORD
NEW

Range Since Jan. 1

Year 1952

Lowest

Lowest

Highest
7

27% Jan

22

16% Feb

23% Mar 27

Argo

1

15% Oct

42% Dec

31

37% Apr

43% Jan

Armco

5

10% Jan

12% Mar 26

35% May
8% Oct

12% Mar

22

77'A Oct 22

96

Mar 13

83

93

Jan

5

Mar 25

Steel
&

Armour

$6

10

57

Jan

28

48% Feb

54% Apr

2

3

99

Apr

1

92% Apr

97

Jan

7

116% Jan

22

108% Mar 11

112

Jan

7

$4

Dec

31

16% Mar 16

19% Jan

2

Arnold

3
22

7% Oct

24

9% Dec

19

6

32% Dec

31

25% May
16% Oct

19

Feb

26

Feb

19% Feb

10

22% July 25

Feb

28

101

Dec

16

96

Apr

Jan

2

98

Jan

23

96

Jan

convertible

29

Mar 27

22% Mar 11

90% Apr

24

Jan

5

Jun

13

52

Apr

10

57% Jan

13

21% Jan

7

27

Dec

1

25% Feb

18

28% Ja**

5

94

Aug 26

75% Jan

9

96% Feb 28
31

Sep

15

x93% Jan

2

97% Nov

94

6

123% Dec 23
110

Dec

97% Mar 25

23

103% Apr 23

114

24

28% Apr

24

33% Jan

90

8

14

99

11

10%

11

90

89%

89%

1,100

54

53%

54

52%

53

52%

53

4,100

92%

92%

*92%

93

*92%

S3

40

110

330

17

100

90

89

*16%

--No par

9%

9%

9%

9%

Industries

Inc___—__2.50

28%

28%

*28%

29%

16

16%

16%

16%

16

27%

27%

26%

27%.

27%

preferred $1.50 series__No par
Associated Dry Goods Corp—
Common

1

1st

20%

20%

*96%

97%

*96%

*97%

99

10

29%

29%

*29%

Associates

Investment

93

95

x93%

53

53

27%

27%

new

110%

*109

17

*16%

*9%

9%

8%

8%

29%

*28%

29%

29

29

200

16%
27%

15%

16%

15%,

16

10,300

27

27%

27

27

1,200

19%

20

6,200

97%

97%

20

20%

97%

*96%

98%

98

90

*28%

94

50

10

Co

;

29%

__50

_

_

20%

-.100

100

preferred

2nd preferred

99

29%

V

20%

19%

20

97%

96%

96%

99'/a

98 %

98%

29%

29

9 %

29%

*98

9%

20

98%

220

28 %

28%

3,600

-

...

_

_

Atlantic

City Electric Co
preferred
Line

Atlantic

Refining

*94%

100

RR__

95%

9,000

No par

105 %

108

1

*109%

110

.10

29%
91

91

91%

29%

29%

29%

29%

r

29%

53

26%

27%

94%

94

94

94

94

106%

103%

109%

*108%

29

29%

29%

90%

5

53

109%

*109%'116

series B—____100

common

91%

53%
27%

*

"

.'

107

107

90%

53

27%

106

94%

93

53%
27%

*94

27%

94%

93%

53

27%

53%
'

Atlantic G & W I SS Lines.

Coast

92

53%
*27%

90%

,

1,400

5,200
V

1

100% Juri

24

30% Jan 26

Apr

Jan

22

30% Feb

29% Apr 20

2

Preferred

103%

104%

4,200

109%

107%

108 %

300

29%

28%

29

91%

91%

91%

92%

91

91

29%

31% Sep 30
2

24% Feb

4

5% Oct

44% Jan 30

16

14% May

117% Jan

31% Apr 24

30

105

Jan

21% Apr

23

7% Dec 23

6'A Feb

36% Mar 27

21

3

18

31

17

Mar

108% Mar 18
27

Common

29%

29%

29%

29%

29%

28%

."

29

29,300

9

7% Mar

___-___.20

33%
*105%

(voting)

Austin

Corp

Nichols

Nov

3

30

9% Jan

5

7% Jan

5

11% Mar

4

Autocar

12% Apr 17
3
6% Jun

15% Jan

3

13% Jan

9

17% Mar

6

Automatic

42% Jun 26

50% Nov 14

6

Oct

5

15% Feb

8% Nov 21

;

16% Mar 13

6

7% Apr 24
47

Apr

6

Jan

8% Feb

9

6

14
7

26

62%'Feb

26 i

Conv

Avco

32%

32%

31%

31%

106

*105%

22

22

*21%

22%

21%

21%

*6%

6%

6%

6%

15%

*15%

107

*105 %

106%

*21%

22 Va

300

*6%

107

31%

106%

32%

106

22

22

No par

*6%

common——No par

prior pref

($1.20)

15%

No par

7

6%

15%

15%

15%

—5c

Canteen

Mfg Corp

Co

of

8%

9%

9%

15%

15%

15%
;

9%

15%

15%

.

i>

16

9%

9%

9%

9%

*15%

15%

15%

6%

200

*15%

15%

3

7%

7%

7%

7%

7%

7%

7%

2,100
180

*47%

47%

47%

47%

*46%

47%

*46%

15%

9%

15%

47%

400

9%

15%

.

7%

No par

(The) common

preferred

conv

1

6%

-.

Amer.—5

Co

$2.25

33%

33

33%
107

'

Tack

Atlas

210

4,300

-■

convertible pfd series A_—100

4%

7

Jan

;

Powder—

Atlas

102% Oct

$3.75

Atlas Corp

190

105%.

'

26% May

1,500

t

Topeka & Santa Fe—

Common

Preferred

4%

,

13,400
28,200

91

110%

2nd

4,200

%

93

91
54

*82%

16%

Atlantic

2

10%

110%

3

Mar

11%

16%

2

119% Jan

107% Apr

22

36% May

Apr

103

.10%

110%

Atchison

15

58

104% Dec

11%

16%

5.25%

4

73% Feb 27

18%
38

110%

6%

51% Jan

18%
38%

110%

22

Mar 25

19%

38%

*16%

22

32

18%
38 Va

11 %

90'%

19%
39%

16%

1

Shares

19%

110%

Refining Co.

the Week

Apr. 24

38%

110%

&

Friday

23

19%

*16%

Oil

.

39%

par

Jan

28% Apr 24

Apr

___5

Ashland

Sales for

Thursday

19%

93%'

preferred—.No

PRICES

Apr. 22

39%

54%

93

SALE

Wednesday

Constable

99% Apr

100

6

89%
54

No par

_.

Arvin

6

18% Mar 25

6

91

No par

.No par

com

preferred

$3.75

HIGH

Apr. 21

19% '19%
38%
39%
10%
11%

5

com.:

prior preferred

Armstrong Cork Co

10% Mar 26

11

91

Illinois

of

32% Jan

9

Aug 18

5

AND

Tuesday

Apr. 20

10

Corp..
Artloom Carpet Co Inc

2

15

31

27% Dec 29

18% Feb 20

9 % Jan

28% Mar 31

23% Mar 25

22

Monday
Par

Corp

Co

conv

46% Nov

16% Jan

STOCK

Oil Corp

92% Jan

107% Nov

YORK

LOW

EXCHANGE

Highest

Monday, April 27, 1953

c°n,inued-p^2

STOCKS

Range for Previous

...

7

3,400
V

1,500

%

7%

22,300

47'/a

47%

400

B
5% Dec 22

9% Jan

30

/.

(T)

42% Mar 25

Babcock

&

11% Mar 26

Baldwin-Lima-Hamilton

23

30% Mar 19

Baltimore

Apr 24

48% Mar 25

16

39% Dec

10

35% Jan

8% Oct

6

11% Jan

22

10

17% Feb

20

36% Feb

20

18

Apr 23

24% Apr

23% Jun

20% Apr

65% Jan

11

73

42

16

54% Dec

Oct

15% Dec
36

22

May

7

20% May 23
9% Feb

Nov

45

24

6

76% Mar 17

Feb

13

59% Apr
7
17% Mar 1-2

49

19% Jan

10

16

Jan

9

23

38

Jan

12

21% Apr

11% Dec

16

Dec

22

16
16% Oct 22

107

Dec

31

22% Jan

4

5
-

24

39% Feb 18
25% Mar 19

9% Feb

24% Dec 22
40

13

11% Feb

36

Apr

14

40

Apr 17
17% Feb 10

106

96

78% Feb

14

87

Sep 30

79% Jan

12

Apr

17

16

Oct

7

13% Apr

30

Jan

12

33% Jun

17

32

Feb

25% Oct

20

31% Jan

14

27

Feb"

15% Jan

19

12

Jan

23

Dec

9

22

85

1

11

46% May

1

139% Apr 29.
12% Oct 16
76% Sep

2

convertible

Beck

Mills

Shoe

Inc

(A

Jan

12

Feb

38

27

Bell

Aircraft

Bell

&

Bendix

Corp

Apr
1% Jan

24

107% Feb

27

of

2

1% Jan

.7

Benguet

Consol Mining

20

27% Jan

5

Best

Co

37% Jan

20

Best

55% Dec 31

49% Apr
139% Apr

146% Aug 26
18% Jan
7

7
6

:

6

.

57% Jan

144% Feb

Foods..

7% preferred
Bigelow-Sanford

Jan

15

24

82 % Jan

13

(Del) com...No

*71%

55%

56

56%

54%

56%

52%

16%

16%

16%

*16%

16%

32

Nov

3

39% Mar 12

32% Apr

15% Oct 20

18 % Nov

28

18% Jan

2

22 J/4 Mar 17

Blaw-Knox

22% Dec

18

15% Feb

9

21% Jan

5

Bliss

(E W)

18% Apr 14
22'A Oct 27

23

Dec

11

20% Jan

5

24% Mar 12

Bliss

&

25% Nov

18

22% Feb

10

27% Mar 18

Blockson

31% May 16

41'A Dec 23

39 % Apr

24

48% Mar 20

Boeing

17

Oct

29

21% Dec

29

6% Oct 15

12% Nov

6

25

30

19% Apr

29% Jan

2

21% Jan

11% Jan

23

Jun

24
2

25

7

Jan

2

July

1

13

Feb

18

11% Mar

6

11

Jan

13

16 %

9% May 17
49% Jan
3

54% Aug 28

52% Jan 14

61% Jan

9

82

75% Feb

89% Jan

8

95% Apr 23

Dec

15

90

9

Mar 31

36% Jan

23% Mar

13

3

29% Mar 18

12% Mar 12
14% Jan
12

Mar

14
3

58% Mar 27
86

Mar 25

94% Jan

12

Black

&

Bohn

39% Nov 13
25% Jan
2

14% Feb 21

11

Apr 24

13% Mar 19

47% Feb 21

41

Apr

24

46% Mar

35

29% Apr

20

33

23

11% Jan

Dec

1

14% Jan

25

9% Nov

17

15% Apr

7

22% Dec

2

18

38% Dec

12

33

Jan

30% Apr 24
*23% Nov 10
95

Jan

9

24% Oct 21
x50

Jan

3

11% Oct 31

37

9

4

27% Jun

99% Feb

9

5

24

Apr 24

27% Jan

29

54% May 29
12% Feb 14

49

Apr

54

29

63% Dec

13% Sep 15
76% Jan
7

15% Dec

81% May 29
50
Aug
4

16

20

64% Jan

Dec

1

7

40% Feb

14

7

19% Jan

3

8

76

Jan

25

16

Dec

22

12

Jan

2

118

Apr 26

33

Apr 28

11% M*y 1
78% Jan 12
6% Nov 13
19% Oct 28
104% Apr 14
19% Nov 12

92% Apr
84

14

2

Alumium &

Bon Ami

Borden

38%

38%

38%

38%

*38%

22%

22%

22

22%

21%

21%

/ 1,300

10%

10%

10%

10%

10%

10%

1,400

36%

36%

10%
36%

37

83

83

85

*81

13%

13%'

13%

133/4

133/4

32%

*32%

33%

32%

32%

28%

27%

28

273/4

28%

12%

12%

12%

12%

12%

21%

21%

21%

w

20

*19%

*91%

94

47

2

Jan

2
2

83

Burlington Mills Corp

91% Jan

7

125
35

4

3

108% Jan

4

25% Apr

4

30

Jan

21

Jan

9

13% Apr

24

82% Jan

7

-

8% Apr '22
23

105

*Jan

2

78

Jan

30

3

Burroughs

9

130

38

Mar 12

Feb

15% Feb
86

■

2

16

Mar 16

12% Feb

26

27% Mar 20

Jan

19

109% Mar 10

20% Apr

17

24% Mar 12

3%;%

Bush

59%

57%

58%

57

58 %

57

57%

9,300

35%

35%

35%

35

35%

34%

34%

5,300

99

preferred

1%

prior

Bros

25%

*35

34%

4%%
Byers Co

34%

7%

34%

1%
26

34%

51%

52%

51%

140%

*140%

34%

52%

140%

140%

14%
77

13%

50%
140

98

96

1%

96

1%

34%

25%

333/4

51%

50%

140 %

139%

44,300
„

34

4,900

51

33,600
600

3,300

14

133/4

14

14

14

13%

13%

75%

77

75

75%.

74

74

4

1,500

1393/4

77

*76

90

1%

25%

26

240

"

33%

32%

32%

32%

32%

32%

32%

*32%

32%

800

19%

19%

19%

19%

19%

19%

19%

191/s

19%

4,200

15%

15%

15%

15%

15%

15%

15%

15%

15%

4,800

21%

21%

*

19%

19%

193/4

19%

19%

19%

19%

28%

28%

28%

27%

28%

27%

28

9%

9%

9%

*91/2

10

14

13%

*11%

11%

11%

56%

56%

9%

*9%

13%

14

13%

14

11%

11%

11%

11%

56%

56%

13%

56%

57

79 %

79%

80%

80%

91%

91%

91%

*90%

93

12%

12%

12%

13%

*12%

13%

44

44

29%

30

78%
*90

*44%

45%

30

133/4

13%

3,400

11%

11%

11%

700

56%.

56%

3,200

79%

80

7,700

90

90%

40

11%

12%

11

11%

6,600

45 %

45

56%

80%
93

42

43%

41

42%

31

301/4

3OV4

80%

79%

*901%

30%

*30%

9%

9%

9%

9%

22%

22%

22%

22%

223 4

221/4

22%

.37%

9

9%

*301%

3,900

30%

900

9%

6,900

22%

22%

4,100

5,500

9

37%

37%

37%

37%

38

37

37%

36%

37

35

35'

35%

35%

*34%

35

35

35

35

35

1,200

21 %

22

22

22%

21%

22 3%

22

22%

21%

22%

4,000

96

*93

*93

24%
*49

-

"

243i

96

24%

49%
12%

26%

12%

15

.

24V4

49

49

12%

12%

*64%

49%

19%

1934

26%

26%

26%

26%

15 %

*81%
-*49

14%

22%

22%

40 %

22%

12%

12%

12%

83

83

\ 83

78

*73

\ 78

*73

16

*13%

100

*127

*37%

.

15

16%

13%
129%

13%

12 «/4

12%

1234

641/4

63%

63%

19 Va

191/8

19%

1,100

26

26%

26

26%

4,600

14%

11,000

13%

13%

.*84%

25%

9

.

25%

10o

*106%

108%

iq

*20%

21%

-

*

14%

*81%

49

22 %

22%

21%

40%

*391/2

12%

*13%
*127

38

i

14

84%
78

16%
1

*37%13%

*84%-

16%

13%
129%
38

49

•

2,600
200

82

49%

600

221/4

21%

21%

5,500

40

39%

40

1,500

12%

12%

12%

12%

83

83

*83

84

*73

78

*73

78

16

*13%
'127
*37 Va

16%
13%
129%
38

16

13%
*127

*371/8

20,000
120

16%

6,800

13 »/2

300

129 %

38

9'

13%

13%

13%

131/4

13%

85%

84%

84%

85%

85'/.

70

8%

86

8%

14%
82%

*73

16%

13%
1

14:%
*48

.

300

19:

*81 1/4

*83

300

2,900

64V4

49

12%
•

-

:

-129%

*37%

85%

8%

common—No par

.

*127

38

i33/4

*

12%

16%

85%

100

7

93%
24%

49%

121/4
,

40

40% \ 40%

83

24

82%

*81%

49%

22%

15

93%

*48%

49 '

82
.»

49 %

1

12%
65

19%

15

82%

96

24'/a

49

65

19%

26%

49

par

*93

24%

49

*

«*8iy4

1

96

24%

49%

*64%

19%

*93

24%

*49

65

14%

"

—100

Co

330

13%

9%

__5

5

1,730

9%

22%

5

——

56V8

2,400

9%

9%

1934

50

1,300

193/4

27

l2 %

pfd

1

19%

*64%

preferred

-

.21%

21

27

No par

participating preferred

Byron Jackson

98

1%
25%

52%

1

Zinc.—

(A M)

100

1%
25 3/4

140%

9%

5

^

preferred

»

19%

15

common—

Butte Copper &

«97

1%

x25%

27

100

Adding Machine__No

conv

.

100

*98

1%
26%

3,800

common

Terminal Bldg 7%

5%
Butler

50

58%

18,600

Bush Terminal Co..

Mar

1,200

91%

40

100

15

5,400

19%'

913/a

a

preferred

17% Feb

21%'

19%

391%

Bulova Watch Co Inc_

Jan

Jan

20%

19%

35%

iq

43% Mar

Apr
7
13% Apr 24

21 »/4

94

21

1

17

4%

900

24%

1

12% Apr 24
Apr 20

19%
*91%

/

39%

No par

38

20%

21%
19%
94

190

2,500

•

25%

Forge Co—
new

12%

21

No par

preferred
Co

2

Jan

$5

Buffalo
Bullard

8

17

26

6

54% Mar 10
25% Mar 23

78

14% Jan

83% Feb

7

28

123/g

58%

15

common

2

27%

12%

25

Inc.—

Apr
17% Jan

28

12%

39V4

-

Budd

78% Jan 28

27%

21

40

Bigelow—__>

(The) Co

32

25%

100

16% Mar 25

7

13%

32

40%

com____No par

Brunswick-Balke-Collender
Bucyrus-Erie Co

:

131/4

40

100

27% Mar 23

14% Apr

120

3,100

13%
32'A

13%
*32

25%

5

preferred

Co

84%

25%

preferred

Shoe

19%
*91%

200

3,200

41%

wi

Brooklyn Union Gas

Brown

213/8

I.

*83%

*"

35%

RR—

22% Mar 17

16

83% Dec

5

'*

20

94

,

96

20

25

Bristol-Myers Co common—__2.50

&

„

1,000

36%

96

19s/4

40%

Bearing Co___
-5
Airways Inc
2.50
Bridgeport Brass Co
5
Briggs Manufacturing Corp__No par
Briggs & Stratton
No par

Brown

,

36%

21%

Inc___1.25

2

7

14% Dec 31

66% Jan

Club

23

18

July
39% Sep

16

84

82

,

-

40a4

Corp

Jan

Apr

129

12% Feb

84

20%

25

100

conv

20%

20%

15%

Roller

cum

36%
96%

20

*95%

21%

Co

3%%

*95

96%
20%

19%

Braniff

5%

*36

97

963/4
20%

50

33

1

preferred

36%

96%
20%

39

39%

Common wi

5%

700

24%

(The)
Borg-Warner Corp common—
3%% preferred

Bower

16%

5

Inc

Maine

16%

38%

14

No par

&

16%

7.50

Brass

Book-of-the-Month

16%

22%

77

Co class A—___No par-

Stores

5,000

—.2.50

Co

Class B
Bond

53%

10%

50%

10

Co

24% Jan 19

18% Jan

14% Dec 31

Jan

Chemical

52

22%

140%

l

Laughlin Inc

20

54%

38%

34%

par

No par

18%-Jan

"

26

36% May
14% Nov

62

12

Feb

22

11% Jan

3

16% Dec

41

20

20

20% May 26
27% July' 24

23

38 % Mar 11

Apr

2

26% Jan

17

Oct

42% Feb

25% Mar 10

21% Apr 13
93% Apr 24

51% Jun 20
22% Oct 16

2

7

35

4

103% Jun

Mar

21% J-n - 2
36% Apr 24

Nov 21

35% Feb

Apr

9

Co

(Delaware)

Co

Airplane

Boston

10% Nov 13

Co

72%

10%

1%

100

Decker Mfg

900

*71

39%

•

15 % Mar 15

73

22%

99

Carpet (Del) com_5
pfd series of 1951—
100

4%%

73

26

l

Bethlehem Steel

16

Apr

ser

*71%

35

l

6

21

74

14

pfd $3.25

&

6

13% Apr

-

Cum

71

24%

57%

Co—1 peso-

25% Feb

71

20%

1946_No par

1

3,400

20%

71

20

10

22

453/8

20%

*9r%r

100

common

45

12%

5

Loan

83,300

45%
20%

28%

„1

Aviation

Beneficial

25%

45%

20%

26%

13%

1.10

__Jl

24%

46%
21

32%

_1

common..*

preferred

25%

46%
20%

82

10

Corp

Howell Co

4%%

25

45%
20%

20%

1

,___*

26%

45%

20%

*95

__50

.__

'25%

*36

100

Corp__!

RR._

31,200

10%

preferred-—100

pfd—

1,300
5,500

101/8

22

common--*—2.50

4%<V

S)

6%
38%

10

46

*38%

__—__No par

96

33% Apr

Jan

!

68% Mar 20

Ap" 23
34% Apr 24

15

84

Mar 16

93

Dec

36% Dec

3%%

6%
38

616%

Beatrice Foods Co common—12.50
Beaunit

6%
38%
IOV4

54%

Corp__________10

Inc__

6%

71

50,

Works

Cigars

Belding-Heminway

38

3

Iron

14

29

26% Feb
2
22% Mar 13

106% Dec

29% Mar

Bath

Bayuk

10

20%

23%

10

common

preferred

38

10%

45%

—10

Creek

90% Mar 10

1% Mar

Brothers

4%%

6%
38%

10%

20%

50

Beech-Nut Packing Co

57

29% Jan

Barker

6%
38%

*

100

Corp new

Beech

Feb

16

Oil

30% Mar 19

Dec

Oct

28

Barber

10%

26%

6%

38%

10%

39%
10%

39

10%

preferred_____100

5%

33% Jan

20% Apr
7
19% Apr 24

22

Convertible

6%

38%

13

common

5

May 22

1% Nov 14

22

Corp

common

8

28

25

Apr

9

Ohio

&

6%

(The) .No par

noncumulative preferred__100

Bangor & Aroostook

2

64

19

4

Co

Aircraft

94

Jan

23

Jan

1

Wilcox

Beech

13

87

Jan

,

\%

Inc

16% Mar 20

45% Apr 24
29% Jan 14

*91% Feb

27

22% Mar

2

10% May 16
14% Apr 28
18'A Oct 27

16

22% Mar 17

7

41

Jan

Jan

70% Jan

10

21

33% Apr
94% Apr

Jan

23
49% Nov 13
26

"

Babbitt

31% Oct

29% Dec

7

8%

8%

8%

8%

8%

4.500

24%

25%

24%

1,600

5,500

*25%

25%

25%

25%

*106%

108%

106%

106%

21%

20%

20%

20%

21

20%

20%

1,500

26%

25%

26

25%

25%

3.500

2%

2%

21/4

2%

2%

7,100

7%

7%

7%

7%

4,600

24%

24%

24%

800

12%

12%

19,800

21

*106

108

24

*106

108

10

C
24% May 16
1% Oct 28
7% Apr 30
22% Jan
9

2

29

Jan

2

3% Jan 22
10% Jan 17
26 '

Dec

12

25% Apr
2

6

,

20

Jan

7% Apr 24
24

Apr

,

6

27% Jan
3% Mar

2

California

2

Callahan Zinc-Lead

9% Mar j2
27% Jan 29

Packing Corp

July 17

11% Jan,

7

10% Jan

9

4

95

Jan

14

92% Jan

9

102

Jan

30

43% Jan 19

51

Sep

5

46% Jan 22

50

*16% May 26

Apr

2

20

Jan

11

17% Apr 24
26% Apr 24

20% Feb

6

Canada Southern Ry Co
Canadian Breweries Ltd

34*'

Jan

5

Canadian

54

Jan

5

.Cannon

13% Jan

29

31% Nov 17

*46% Nov 25
9% Oct

15

16% Oct

9

40% Mar 31
56

16%

Apr

3

Jan

31

18% Jail 30




47% Apr 23
11 % Apr 24
17% Jan
5

13% Mar

3

19% Mar 23

**
»-

5

Campbell W & C Foundry
No par
Canada Dry Ginger Ale com__
1.65%
$4.25 conv preferredNo par

Dec

89

,v5
_i

—

Calumet & Hecla Inc.2

Pacific

loo

26 %

26%

25%

2%

2%

2%

2%

8

8

8%

7%

24%

24%

24%

*24%

24%

24%

12%

12%

12%'

12%

12%

12%

96

12V4

96

96

96.

*50

.

51

*50

18%

*18

-

51

*95%
-

~ 18%
27 %

27%

27%

—No par

*48 %

48 3/4

*48%

l

11%

12V4

11%

12%

18%

18%

18%

18%

(Philip) Mfg Co____

^__lo

'a

24%

25

Capital Airlines Inc

Carey

26%

2%

7%

No par

Ry

Mills

26%

*

97

*50.

51

12%

*95

97

*95

97

50

50

*50

51

18%

17%

17%

28%

27

27%

49

49

49

11%

11%

11%

18%

18%

18

30
30

*173%

18%

17%

17%

400

26%

27%

26%

26%

63,000

47%

48%

473/4

47%

11%

11%

11%

9,200

18%

18

18

3,500

800

>f

-

Number 5215

Volume 177

The Commercial and Financial Chronicle

...

(1803)

NEW YORK STOCK RECORD
Lowest

Highest

104% Jan

9

Feb

20

Aug
41% Dec

39'A Oct 30

53% Jan

213 is Jan,23

)36% Dec

v

5'

116

23
6

43

Apr

6

49

2

45% Mar

42

Mar

Jan

4

34% Jan

39'A Jan ,10

58 T

Dec

4

55% Jan

5

72

57 % Oct

1

72

Dec

4

69

Jan

5

14% Dec

3

13

y8 Feb

10

.30% Apr

18

10% Feb i20
22

Oct

142

Nov

•

»

;21

19

31

Dec

.66

2

5

Conv

9'*

Conv

Jan

5 1
9 1

65% Jan

24"

2>

25

i

'

24

Apr 24

Case

3

104% Aug

7

99 V2

30

■51% Jan

2

25% Apr

24

38% Jan

6 '

131 % Dec 1 5

150 y2 Feb

26

126% Apr

22

«' 133% Jan

2-

6

110% Jan
19% Jfin

2

83% Apr

20

<

5

17% Feb

15

2
17% Jan 28

19% July 30

.

20% Mar 12

19% Feb

94% Nov
I

15 Y* Oct
Oct

16

'■*■'6

Oct

17% Jan
'

24

9% Feb

1

35% Dec

7

Jan

42%

Mar 25

Central

100%' Apr 21

2

110

19% Apr
21% Apr

8

1

-

Jan

A
;

Apr 24

500

40%

41

39%

40%

64

64

19%

138%

" >99

;

58%*99

101

81%

100

13%

13%

13%

*13%

13%

1,400

'I

19%

100

19%

100

126%

86

*16%

16%

'.*16%

18%
16%

85
f

>

18%

'

'

20

99%

99%

200

25%

263/4

41,300

126 %

32%

32

32%

.64

64

6.4

63%

63%-,

12%
37%

100

32%

62%

common-—*

6%

12%

12%

12%

12%

12%

37

37%

37%

37%

101

101

100%

100 V2

853/4

2,900

17%

173/4

3,700

6%

101

*16%

15

1,500

3,200

31%

32

67

62%

62%

1,200

12%

12

12 Va

10,200

37

101

32%

37

37

37%

101

101

*100

*63

J

■

-

5,300

8

•'

102

170

19%

193/4

19%

19%

193/a

19%

19 Va

19%

*21%

22%

22%

22%«

*21%

22%

21%

22

*21%

22%

21%
21 %

20%

203/4

19%

.'

25

y Class

„"L_50

•

South

West

22

22%

22%

*21%

20 y2

20%

20%

207/a

20%

1/256

22

Corp______5

Rignts;

9,000
"

" rl/256

B

.Central 1 &

2

'A' Apr

16% Apr

1

42

Feb

9

23

14 Va Feb

23

28

17% Mar 16
- 9% Mar 12
5
38% Jan

Central

15% Mar 20

27% Apr

8

1,200

"

19%

>

•8% Jan

V

6%

%

22%

Va

20%;

■

14% Jan

:

20 Va

6

6%

31%

16%

20

19%

22% Mar 27

CertainVTeed

18

Feb

37

30% Apr 24

Violeta

Co___

Sugar

9.50

*15

Cerro

Chain

3

'

?

15%

*15

153/4i

9%

*8%

31%

29%

14%

31V2

10

*.8%
30%

32

14%

:

21%

600

28,100
" '

'

w

*15

153/4

*9

9%

*15

87,300

15%

30 %

9%

83/4

27%

29V4

27%

200

28%

14%5

143%

14%

14 Va

31

303/4

303/4

29%

29% V

29%

29%

98

99

97%

98

13,600

14%

31

*31

32

100

v-

9---

32

143/s

14%

*31

5,300

;

1,100

j

...»

'

•

15%

9'/4
31%

14V2

Corp—_._
_____5
Products Corp
_1

Belt Co

■'"' i

15%

*8%

""

de, Pasco

600

i

20
■

31%

Century Ribbon Mills_____l_:._No par

60

-

<

84%

12%

37%

128

-

18%
16%
20

6%

6%

*125

6,300

85%

20

,6%

31 Va ,32%

Ry ytc.___Nq par

ii

-70

26 V8

Va
17%
*16%

16%

20

57%

100 %

85

'

*16%

20 Va

„

.

10,200

1353/4

56%

126%

'

86

18%

■

193/a

1353/4

57%

25%

126%

18%

138

*99%

*

127%

843/4

200

57%

26%

18%

19

19%

9,700

"

26%

84%

66

*136

58 3/4

27%

20%

*64

138

57%

20

—

*79

19%

i.01

27

20,

80%

137%

18%

6%

80 Va

»

83%

20

84

59

par

_—1

65

13%

193/4

*137%

41V4

65

19%
59%

*126%

_.

407/e
*82

*22%

17

-

6

13% Oct

-

43

Central RR Co of N J class A.J__50

..19% Apr 24

33% Oct

•i

43

Central Illinois Public Service—,_10

24

r"

29

A58%Feb

9

43%

'

44

'

Feb"

«

-.

19%
58%

127%

preferred

1,600

43 %

*43%

20% Mar/2

24

24%' Oct

4%%

6

Jan

39

•

*137% 138%

10

127%

Illinois Light

383/4

*106

106%

28% Feb
28% Feb

24

9

10

Dec

12.50

4-100

—_100

Co-i

60

39

133/4

preferred series B vtc
100
Hudsoii Gas & Elec__No par

21

21

X34

-5%

30

Apr

3

t

*13%

27%

Central of Georgia

Jap'22

37

17

Apr

13%

13%

Central

15% Dec i31
8

«■

84

108

383/4

67

*82%

106%

39

i

*66

84

Aguirrp Sugar Co____%___5

Mar 27

1/256 Apr

«

,42%

67

*82

26%

Central Foundry

13

<

V

.

Central

24

-

.

20% Dec

5

41%

*65%

—1

Shares

108

'

common—_L—No
preferred —'—

20

Feb £0

•

16% Apr

40 %

■73% Jan

21% Nov 25

15

A

5%

'

25

7% F.fb 26 '

i24% Oct

29

Feb

1.

20% Mar

24'

43%

pteferrejd series A_106

conv

16% Mar 18 1

19

%" Apr 20

31

8

Dec

110% Oct

8

i

19% Oct

24- ;"S.

Apr

43%

Corp

40% Aug 18

Apr .24

iay*

/4%%

Apr

13

104

•6%

43

41%,

the Week

39

43
41%

__10

Friday
Apr. 24

Apr. 23

*107

39%

4.20'/«m>—100

Celotex

12

68%Dec

•

Jan

108

5

2nd preferred

62% Apr

17
29

■«

"

7%

19% Mar 25 !

9"

Preferred

,

*107

107

39

Celanese Corp of Amer com—No par

22

473A Jan
36

Feb

16

8

vioy2 Jan
.

98

24

107

Sales for

Thursday
'

39%

Corjp

PRICES

SALE

Apr. 22

38*%

Co (iommon-__

(J I)

'

14

23

Feb

Gefneral

&

HIGH

Wednesday

Apr. 21

No par

preferred
Tractor, common

33% Oct

105

Ry_100

Caterpillar

99% Jan
'

& Ohio

Light

Tuesday
*

Apr. 20

preferred 4% series
—50
preferred 4.80% "series—50

Carriers

143 A, Jan

14

Apr

-56% Apr

5 4

14% Mar 27 ;

Apr

135%

154% Aug 21

3

.

47 lA Jan

&

Power

Monday

Par

Carpenter Steel Co—
Carrier Corp. commori—

16

Mar

'*

STOCK

YORK

Carolina Clinchfield
Carolina

4

89% Mar

16

LOW AND

EXCHANGE

''I.

113% Mar 19

106 Va Apr

28

34

Highest

x37% Jan

10

•

NEW

Range Since Jan. 1

Year 1952
Lowest

Continued—Page 3

STOCKS

Range for Previous

19

Champion Paper & Fibre Co—
'"

Apr

23

May £7

34% Jan 26

28% Apr

2

39% Dec 10

36% Apr

32

24

97% Apr
5% Feb

5% Oct
28-

29 %

17

105% Oct 21

Jan *18

98

8% Jan

23

33% Jan i

July 24

'30

1

22% May

Dec

88

81% Jan ' 4

23

81

Jan

-

7

85% Jan

!

4

9

3%%

23

27

20

19% Apr
23% Jan

20
17

26% Mar 17 '

18% Jan

26

21% Mar 24

Feb

20

21% July 7
28% Dec 12

19%'Apr 24

26% Jan

5

28 % Apr

17

34% Dec

1

30%,Apr 23-

34% Jan

21

12 y4 Mar* 1

18% Dec

17

14% Feb

10

18

Jan

6 '

18

8 Va Apr

23

10

Jan

6

Mar 39

16%-Apr

24'

22% Jan

13

42

23

51'/Wan

2

18

%

Oct

7

10% Dec

28

24 1?

ia% Oct 15
27

51V4 Dec

Jan

16

20% Apr

26

32% Feb

20

42% Dec

X39% Feb
15

23

35 % Feb

18
12

68% Jan

2

65% Jan

9*

92

6

95

31
6

'Jan

i

■

NOV :14

10

29% Nov

i

h:

**

89%

Oct~-22
Jani

9

<•

I

f:
'

<■
<

40% Dec

12

22

51

24

30 V4 Feb

Jan

v

30

30% Jan

2

July
Sep

15% Feb

9

80

10

Mar

37% Apr

22

.80 :

Dec

29

44% Jan

7

158

Apr

83

Apr
53% Jan

6

80

' Feb

10

50

'Apr

24

Apr

14

:75 V Dec

29

72% Feb

16

75

3

43% Feb
23% Apr

24
17

25% Apr

Sep

109% Jan

City

Stores

Cleveland

Mar 23

91

6

95

Jan

23

4%%

3% Oct

3
24

6% Jan

2

3% Apr

24

5

Feb

4

24% Oct

22

32% Jan

4

28%, Apr

6

40% Jun
87

23

Jan,' 2

47% Dec
95

: Apr

Jan

19

Jan

2

86% Apr

21

7

125% Feb

20

7

875

130
78

4
13

134

1 Mar 17

Jan

Jan

7

47% Jan

13

89% Jan

13

15

22% July

2
7

41

Jan

18

17% Apr
53% Feb

39

Jan

8

24% Feb 27
20% Mar 17

20 % Apr

22% Feb

59% Mar 27

>

66% Mar 24

43% Apr

43%

15

29

16% Jan

11

13 y4 Apr

23

15

Jan

5

13% Jan

15

11% Jan

29

14% Apr

14

Nov

26

61 % Apr

4

11
3

63

59 % Mar

45 Va Jan

cum

Jan

17% Oct

27

35% Jan

11

18 Va Apr

7
24
6

37% Mar 17

6

34% Dec

31

14

34% Dec

31

34

35% Dec

26

Apr

45%

%

-26%.

84%;

85%
13

13

•

101

39%

;■

39

34% Apr

31

393/8

4,100

19%

*19%

193/4

96%

96 3/a

453/4

45V4

453/4

45%

45%

44%

45

27

26%

26%

26%

26i%

26

26%

14,700

81%,

16,900

83%

85%

*99%

31%

32

31%
'*16%

38%

39

165

*155

I65

*155

83

*81

83

*81

•'!■

37%
165

y

38%
*155
*81

83

*73%

44%

*43%

44%

*43%

44%

513/4

106

106

*73%

*43'/4

44%

*43%

30

74%
44%

233%

8,400

24

24%

24%

24%

24%

24

40%

40%

403/8

41%

39

40%

38 3%

40

253/a

25%

253/8

2534

25

253%

24%

24%

92%

92%

92%

92%

*91%

82%

92%

92

92%

150

*3%

37/a

3%

3%

33/4

92%
3%

*33/4

37%

3%

33/4

4,400

28%

283/4

291/4

283/4

29%

28%

29%

3,300

100
__No par

*132

No par

1

No par

29

29

135

*132

85%
116

.

"

29%

*132

134

85%

86
115

86

86%

117%

115%

*875

com—No par

2nd

115%

44

pfd—100

593%

$4.25 cumulative preferred-No par

Co—No par
Ohio

Elec—5

Combustion

Engineering Inc.No

6

Commercial

Credit

22% Jan

2

*'

"

44%

'3,300

45

44%

45

44%

445/s

44%

88

*86%

87%

86 %

86%

*86%

21%

21 Va

21%

21

21%

20 3%

21%

1,700

19

18%

18%

18

18%

18

18%

;9,600

*58%

58%

*58

60
61

*60

60%

61

i-

*60

;

100

87

58%

58%

58%

160

60%

60

60

60

60

260

61

59%

60

59%

59%

10O

43%

43%

43

43%

43

43%

423/8

42%

42 3/a

41%

423/8

,43
'

.

7,300

43%

43%

423%

y

42%

42

423A

4,200

133/8

32,300

133/4

13%

13%

133/a

13%

13%

133/4

14

13%

14

13%

133/4

13%

13%

13%

14

*62

62 3/4

62

62%

,47%
,24%

48

473/a

473/4

47%

62

62

47

453%

47%

4,600

24 s/8

245/8

24%

Va
243/4

24%

24 5/tt

3,900

43

433/4

42%

43 %

41%

42%

4,100

34 Va

343/4

34

343/8

33%

34

7,500

18%

19%

18%

19

18%

18%

9,100

1

343/8

34%

34%

34%

9,400

34 Va

34%

34%

34%

1,100

V

34%

35%

343/4

35

2,400

24%

243/a

44

43%

44

34

34%

34%

34%

18%

183/4

18%

19

343/8

34%

34%

345/a

343/4

343/8

34%

343^

343/8

34%

•

343/4
34%

35%

35%

>35%

190

62

453/4

62%

243/4

*

3,200

62

47%

*62

•

43%

par

'

1,300

*875

13%

25
Fy

114%

13%

___25
;

•

1,000

86

86

114

13 V4

Solvents——No par
Commonwealth Edison Co com
25

preferred—^

7,600

44%

41%

—10

preferred

19,100

133

*131

853%
114%

*875

42 Va

Commercial

Co—

.

853/4
113%

86

1153/4

V

*86%

445/b
88

*60

133

*13.1

133

*875

*875

*86%

2.50

'

73%

25%

—

conv

240

73%

No par

Corp

'

4,900

50%
106

106

:.

100

Corp__T

convertible

83

50

50%

40%

preferred—100

Southern

*81

83

106

106

24%

Columbia Gas System Inc
No par
Pictures common—No par

-

30

165

*158

L

25

"

Columbia

■

500

2,700

38%

__1

(The)——

Carbon

51%
106

37%

383%
165

50%

74

51%
106

51%

38

;

74%

Columbia Broadcasting Sys cl A-2.50

$1.40

1,200

81

39

60

>

*153%

*80%

81

58%

37% Mar 16

16%
81

16%
81

59%

$1.32

153/4

31%
16%

81

16 3/8

2,000

12%
101

*31%

31%

.*313%,

32%.

81

58%

&

123/4

*99%

To
2,000

38%

par

preferred

conv

B

13

*99%

81

80%

83%
101

13

101

16%

59

Class

813/4

843/4
13

13

13
101

*73%

l

38% Jan

23

49,700

39

393%

773/4

96%

>99%

31%

39V

,

'•

»

•

,

>

♦

'

'

35% Dec

33

76%

78

.*19%

58%

37% Mar 16

2

32% Jan

500

:

',-<961/4

18%

Mar 25

24
26

33% Apr

*31

6,400

*

95%

21%

46

24% Apr

800

10%

77

•»

19

Columbus

39% Jan

10%

2%

953/4

213/4

Mar 16

7

700

12%

96

ffr'

95%

-

18%

26%

30

*12%
2%

33%

*31%

5,300

9%

11

11

78%

74%

Fuel &

Columbian

38% Aug

39%

33%

77'/2

,

21%

5'

27% Aug 13

39%

11%

*32

;/•

79%

Iron—__No par
Colorado & Southern Ry com
100

Colorado

51% Mar 17'

44% Jan

30% Jan

34

77%

79%

No par

63

14

33% Apr

*32

*11

21%

21%

12%

2%

3

200

»

3

12%

12%'

500

94

24

No

Internat'l

6

20

2

113/4

.

7,200

13,700

24

common

cumulative 2nd

9

34% Oct

Nov

Foods Inc

Collins & Aikman

Mar 17

10% Dec/ 5

42% Jan

*11

3

51%

1

new

noncumulative

38 y2 Jan

12%

v;

3%

9

1Q6 %

noncumulative 1st pfd—100

38% Jan

'

12%

3

213/4

9

*43%

4%

1

12%
,

68

22%

*73%

gtd—50
stock—50

4%

1

37

7%

Mar 24

39% Feb

20% Jan

RR

65% Mar 24

40% Feb

9

51%

67

4

12%

13

*81

Jan

3

22

9%

..106%

Jan

2

22%

f.

par
__No par

55

Jun

'

134

32

37%

55

Jun.

94

11
*

*155

12

Jan

*93%

16%

28

3?%

93%

81

Dec

38

>

*9

3

85

Nov

33

56% Jun

*9

■=:

60
59

13 y4 Oct

9%

70

22%

9%

68%

93%

22%

9%
> IV/b.

*80%

Colgate-Palmolive-Peet
$3.50
preferred

2

86 Va Apr

16

*92

70%

173%

'

Pitts

&

Coca-Cola

6

42% Apr

Oct

93%
22%

w":

74

69%

"

94

*16%

—

4%

9

17% Oct

93V4

Illuminating com.No

Coca-Cola Co

24

17

68%

preferred_j__100

common

Corp
Cluett Peabody & Co com
7%
preferred
1—

31% Mar 17

109% Jan

5

Feb

■88

Co

Clopay

874

136% Aug

67%

77%

5

Molybdenum.^

81 y2 Apr

117% Jun

69%

31%

Climax

15'

43 Va Mar 20

Clinton

7

%

_No par
_5

Corporation

Mar 10

3

70

*99%

Clevite

26

3

70

„100

Special guaranteed 4%

2

t

71

w

—10

$4.50, preferred —i

19

Jan

71

*71

—a'

convertible

Elec

Cleve

Jan

Dec

71%

69%

►.

noncumulative preferred—100

5%

■

8

19'

22% Jan

75

71%

*

Equipment

36

102

4,600

53

68%

17

com

r

Service Co__

2

130 y2 Jan

37%,

52

45

9

Jan

9,300

37%

53

26%.

25 Va Jan

90

173/4

38

51V2

95%

39% Dec

18

18%

37%

54

26%

1

Jan

17%

38%

53

45%

18% Mar <18

29 % May

18 3%

38

39%

44% Mar 19

:44

26

-

1,600

18%

73%

^

Co new——20
C C C & St Louis Ry Co com—100

106

10,200

183/4

39%

Clark

4

423/s

54%

*95%

issued"

4%%'

9

42%

.38%

y

___25

City Products Corp

6

43%

18%

2.2%
:

—25

Investing'qo common
5% %- preferred '--a—

;

16,600

54

*93 %

1

City

9
6

17%

38

*71%

__25

preferred

Cities

16% Mar 18

163%

18%

^loo

•

5

42

17%

r

,

54

-

10

preferred

43%

1,500

8%

38%

par

j

j

16%

,1,300

8%

52%

No par

L

common

convertible

1%

2

83% Feb

3

Co

173/b

'

8%

17%

preference__No par

Line's__No

8%

8%'

2,800

38

Cincinnati Milling Machine Co.-u._10
C I T Financial Corp new—No
par

Apr

110

65% Jan ."14

convertible

'

3,400

.

/

9
12

Jan

33% Mar

Mar 24

152

No par

com

preferred series A—____ 100

Copper Go____i—
Chrysler Corp
—

4

95% Jan

2

14

,4

21

North Western

&

Chile

Mar 27

102

12

l

Oct

Jan

Apr

5

48% Feb

42%

"When

14% Jan

24

12 Va Mar 11
100

56% Sep

74% Jan

Apr

80% Apr

28

Dec

155 :

105% Mar 12

37% Jan

35% Jan

.48% Dec

7

Feb.

A

90 1

7

140

102.

18

14% May 12

43%

Cincinnati Gas & Electric

2

17

33% July

79 % Nov

43

s

Jan

95% Apr

102 ;

4

28% Jan

43%

5%

4

2

•14%

Jan .21

92

42%

*

43% Feb

Apr 23

Dec

114

8

pfd—100

2

.37% Dec

31% Junt 4

17

10% Jan

103 >

2

j

17%

Mar 12

26

94 % Jan

17%

Childs

39

15

No par

Chickasha Cotton Oil

41% Jan 10

1

30%

15

15%.

*

5

30%

30%

15

Chicago Yellow. Cab_i—

Jan

20

303%

*

*

19%

15 3/a

Chicago & South Air

39

20%

31%

$3

.>96% Jan

11,200

8%

10

24

2,500

19%

15%

U

76% Apr

24%

187/s

31

3% Feb

31 Va Mar 31

19%

24

19%

8%
17%

14% Feb

30

19%

24%

18%
20 1 :

15%

16

25

19%

241/4

19%,
20%'

31%

20

Dec

19%

241/4

20

T:

193/a

19%

*8%
173/a

series A noncum

17,700

24%

15%

Pac

300

:

193/a

/;

31%

5%

13

81%

8%

■

13 % Feb

36%

15%

2% Jan

16

36%

*80%

31%

Chic

7

'

3%

36

8%

Paul &

46Q

1,100

29

31%

St

900
T

:

6%

2$%

15%

Milw

29%
98

6 3%

81%

*28V2

__5o
No par s«

Chicago Pneumatic Tool com_NQ par

;

37% May

preferred

12% Apr

98

27

20%

*20%

23% Mar 13

48%'Jan

5

;

68 Va Feb

21

8

.13

"

197/a
243/8

6

9% Jan

*80% '

19%

"

2

27-

36%

81%"

19%

•

Feb

9

363/4,

*80%

24%

12

Jan

36%

/

19%

AVa Mar 12

18

2% Oct 30

Apr

;

81%

24%

Chicago Rock Isl & Pac RR__No par
5% conv preferred 'series A—100

19% Jan

20% Dec

18

Oct 37

13

3

12% Feb

Apr .19

8% Sep

Nov

37%

19%

5%

74% Mar 25

95

36%

81%

29%

29%,
98

;

61%
29 %

*80%

37

,

19%

82% Mar 19

81% Jan ell

*28 %

6%

29

19%

s

—

Class B

62% Mar 19

49% Jan i 9

'

6%:

29

24%

Chic

51% Jan

July 25
:72VaDec 23

6%

40

5%

30

42% -?an

6% :

Chicago Ipd & Louisville Ry cl A_25

19% Mar 11

17

16% Feb

'

99

*6%

30

36%

30%

99
.

Corp (The)
1
Chicago Great Western Ry com__50

75 "

24
61% Apr ;28

A

*29%

6%

*80%

Chicago

56% July 23

45 Y* Apr

12

Apr

*29

convertible

Class

23% Mar 13

23% Dec

30%
100

*6%

preferred—100
Chicago & East 111 RR com__No par

20

Jun

99%

Chesapeake & Ohio Ry common.-25

2

15% Feb

20

*29%

Cab

Chesapeake Corp pf 'Virginia-.—5

22% July 22

16 % Feb

x

*

t

preferred-'---j_.No par
Manufacturing
1.25

$4.50

Checker

14

Apr

; /

.7% Mar 27

31% Feb
41% Feb

24

;r

Common

15

103% Jan 30 '

17

353/8

35%

35%

'

>

.
"

8

Mar

3

Conde

6% Dec

10

18

7V4 Jan

6

23% Oct

28

28% Jan

2

23% Apr

24

27% Jan

27

Cone

21% Apr

I9

25

2

22% Feb

10

24% Jan

15'

31% Jan

27'

Nov

7% May

10% Feb

July

30

Feb

25

Consolidated

9

4

24

109 y2 Jan

5

31% Feb

7

28% Apr

23

1

12% Jan

25

8% Apr

23

32% July 18

39 Va Nov

37% J-an

19

107

109% Mar 27

Apr

11

25% Oct ,23

27% Dec

25% Apr
102% Apr

31

Feb

27

113

97% Jan

19

13

Apr 22
10% Aug 13
52% Oct ,16
27% Sep

8

9% Oct

15

9

Mar 24

16% Apr

15

34:% Jan

2

102

Jan

2

102% Jan

3

31% May

'Nov

25

11% Jan

Jan

15

110% Jan

15

102

2

96

Jan

4

23

•'

383/4

39% Dec
11

Apr

20% Dec
38% Dec

Consol RR of Cuba 6%

18V2 Apr

23

22% Feb

3

12

23
102% Apr 24
103
Apr 23

38% Jan

14

109% Jan

8

$4.50

108% Feb

5s

$4.52

7

10% Jan

6

Consolidated

Retail

Jan

6

Consolidated

Textile

"45

Jan

103% Feb

8

99

Apr

24

19% Dec

4

18% Jan

2

24% Apr

96

Feb

7

90 Va Jan

2

951/a Apr

92

Jan

45% Jan 13

48% Dec 31

5

99

Jun

117

Feb

91% Apr
112% Jan

16

1,08% Sep 16

8

For footnotes




see

page

28.

30

102% Feb 11'

17

'

103%

1.33%

5:

3 5 Va Apr

39% Apr

26%

100

Corp

21.
10

52% Mar 20*

23

97% Jan

16

120% Feb

Co

23%
283/4

8%
38%\
107%

107%

,-

7%

73/a.

26%

26%
104

96

85/e

8%

38 3/a

38%

107%

107%

107%

107 Va

,-26%

26 1

16%

103

97

*95

16%

*12%
54%

*28%

1

8%
9

16%

*12%

54%

100

5

Inc

Inc_—10c

26%

26%
105

*95

103

"

*95

16%

16%

13

13

13

54%

•

1,400

107

55

8%

8%

8%

9

9

9%

103

103 Va

1033/4

103%

41%

40%

41%

41%

41%
*

100 Va

161%

7

40%

103

41%

37

13,300

102% 103 Va
*102% 104
41%
40%

1,040
40

4,300

*100%

100 %

243/g

233/4

24

23%

23%

6,100

94%
51%

94%

94%

94;

94

50

503/4

493/8

49%

7,200

91 Va

200

115%

1,540

24%

24%

94

94%

95

51%

51%

51 Va

51%

51

92%

103.

103

103

21,600!

101%

24%

94

118

36%

1,000
6,800

19

94%

101%

23%

*90

355/8

9%

100

23%

*100%

*117%

35 Va

;■

8%

«

92 Va

92%

91%

117%

117%

1153/4

101%

91%
116.

99

*88

*113%

if-

2,800
5

*100%

—_100

93

18%

18%

28%

100

Continental Baking Go com—No par
$5.50
preferred—..
1—No par
Continental Can Inc common20

118

8%
9

18%

104%

117%

1,600

9

103%

*90

13%

8%

104%

No par

13%

9

103

preferred—No par

133/a

8%

104 3/4

30

13%'

8%

103%

230

6,600

9

104 3/4

*

95
'

8%

103 %

103%
16%

9

par

6.000

26

16%
54%

No par

2nd

12,700

16%

*273/4

19

preferred

300

13,900

*16%

28%

35%

403/4

102%

543/4

35%

conv

'/

*94%

283/4

183/4

$4.25

83/4"

385/s

97 V

54%

19%

$3.75

29

•

54%
29%

36%

Container Corp of America com__ 10

103

25%

*28%

55

183/4

8

107

28 3/4

55

353/4

No

26%

*28%

29

18%

27*

107 %

,

103

96%
16%

36%

—

*28%

8%
38 Va

18%

preferred

3,000

28% ;

353/4

4%

900

3,000

8%
38%

*103

96%

—15

Aircraft

preferred:
1__.
preferred—.

7%
23%
235/a

29%

8 3,8

39

—1

Vultee

y

38%

*29

29%

"83/4:

Consumers Power Co com—No par

Consolidated

r

23 %

7%

23%

.23%

*29

8%
39

13%

pfd

Stores

233/4

23%

73/8

*

—100

2

23

31

41% Aug 19

23?

107 Va

No par

series B

Grocers

par

24%

233/a

73/a

&

series C

Jan

38%

43% Dec

Light

Jan

13% Apr

10%

110
May 16
109% Nov 26

Elec

58

6

2

18

Consolidated

7
20

9

4%%

Preferred 4%

Feb

1

Gas

Power Co of Bait com

Preferred

27% Apr
7% Feb

12

12% Jan 14

'___C.__._No

preferred

24

23%

23%

73/8

24

23%

/

*7%

23%

—

29

:83/4

No par

24

'

89% Dec

Jan

7'

23%

Corp—5

$5

73/a

24%

29

No par

—.

.

23 3/a

Coppermines

Consolidated Laundries Corp
Consolidated Natural1 Gas

16% Jun. 12

99

5

Mar 20/

16% Apr

5

53% Jan

11

23

64% Feb

28

24

Apr

14% Jan

105% July 15
16% Jan 18

73/a
24

—10

No par

Consol Edison of N Y,.com
Consolidated

106

No par

1

Corp

40% Feb

6

Xl06% Jan 2

Nast Publishing Co
Mills

Congoleum-Nairn
Inc.—.
Consolidated Cigar

220

;

i

20

(1804)

The Commercial and Financial
Chronicle...

NEW YORK STOCK RECORD
Range Since Jan. 1

Year 1952
Lowest

Lowest

Highest

NEW

Highest

7% Nov

17

10% Jan

21

8 % Apr

24

10% Mar 17

15

18% Jun 30

x173/4 Jan

9

203/4 Mar 17

Nov

17

15% Feb

16

81 % Nov

11% Mar 31

7% Apr

75

18

Apr

3

Continental

Diamond

82%.Jan

7

Continental

Insurance

9% Apr

3

25

2
28

25 % Dec

13% Mar

1
6

11% Mar 25

Continental

20

62% Jan

Continental Oil

20

22

10% Nov 28

30

19% Oct

Jan

30

14

5

Mar 18

28% Mar

31% Aug 13
25

24 % Apr

18% Oct 22

29 % Jan

21% Apr

14

26% Jan

27

23'% May

28 % Jan

2

233/4 Apr

24

27% Feb

2

2

6

6

Jan

28

55% Jan

30

52

12

51% Jan

14

48% Jan

22% Mar 21

19% Jan

Oct

23

697/a Jan

9

62

Apr

66% Nov

5

87% Jan

25

70

Apr

22

93% Apr

20

9 6 3/4 Jan

19

3%%

94

Apr

10

96% Jan

30

Cum

67% Feb

6

63

93

Jan

16

99% Apr

93

Jan

23

99% Apr

65% Feb

1

73

Jan

10

178

3% Jun

12

23
Sep 25
Apr 15

166

4 %

4% Nov 26

68% Jan

15

79% Jan

6

20

Mar

3

2

18

34% Apr

90

Apr

23

95

12

Jan

5

15% Mar 19

2

273/a Mar 12

Cream

12% Dec

4

19

27

Dec

12

May 22

97

193/4 Jan

1

28

153/4 Mar

5

14
Apr
32% Apr

8

36% Feb

2

34% Jan

15

66% Dec

12% Oct 22
*32% NOV 13

1

583/4 Apr

23

70% Feb

24

29 % Apr

103% Jun

9

97

28

393/s Jan

30

77% Oct 23

92% Jan

30

22

Mar 25

36% Dec

5

23

;

Apr

24

29

13

24

Apr

6

80% Apr

24

24

2

31% Apr
103

Jan

33% Jan

6

89

Mar 17

36% Jan

10

17

6

129% Jan

19

Feb

25

Jan

8

185

73/4 Jan

2

6% Jan

2

653/4 May 26

58% Jan

7

190

5% Oct 28
55

Dec

22

Feb

20

93

Sep

10

49% Jan

3

7% Apr

Mar 17

16

10% Jan

19

12% Mar 19

29% Apr

24

34% Jan

29

Feb

6

8% Apr

2

Curtis

7

100

Mar

Cuneo

94% Jan

6

$7

1

53% Jan

9

573/8 Feb

4

Prior

7% Apr

23

9% Feb

2

2

6%

9,600

193/8

25% '

5

27% Mar 20

25%

25%

25%

25%

22%

22

25%

26

22%

1,400

22

22

24%

22

24%

24 3%

22

24%

1,300

24%

243/4

243/a

2,500

•50

51%

*50

51%

*51%

52%

*51%

52

21%

22%

223%

22%

62%

62%

62%

62%

73

73%

73%

73%

73%

733/4

93%

93%

723/4

*93%

94%

*93%

94%

94

*93%

94%

*94

95

*94

95

94

70 3/4

713%

70%

70%

165

165

*50
52

52

223/g

21%

1,000

22

62

21%

21%

62%

62

3,400

62

62

62

1,120

73%

72%

73%

4,600

94%

*93%

94%

♦935/8

94%

120

703/4

713%

9,500

70%
*163%

2

16

131

Jan

23

138

Apr

17

Cushman's Sons Inc 7%

Dec

9

38

Apr 24

43

Jan

15

Cutler-Hammer

4 %

43/a

164%
*43%

164%

43/8

4%

13/4

13/4

43/a

*l3/4

43/a

500

1%

13/4

32%

32 5/8

1%

13/4

32%

13/4

323/4

1,800

31%

323/8

315/8

32%

9,400

90

90

91

4

91

%

*90%

92%

90%

14

14

14

14%

14

26%

26%

263%

26%

14 3/8

*323/8

60%

59%

60

31%

31

31

*98

5

98

98

14%

14%

33%,

*32%

14

163

*89

14

14

263/s

26%

290

91%

300

14'/a

3,400

26%

13%

500

*26

11,500

14%

14%

145/a

14

14%

33%

33

33

32%

325/a

500

59%

583/4

59%

59%

30%

593/8

6,600

30%

30

30

99

29%

29%

800

98

98

98

98

29%

30%

293/4

30%

97

29%

30%

80%

29%

81%

82

82

293/4

29%

29%

80%

6,400

81%

*80%

81%

80%

80%

1,100

98

180

*25%

26%

*25 3/8

26

*253/8

*25

26%

*255/8

26%

*25

26%

26

*253/8

26%

*24%

26

*24%

26

*24%

26

16%

10

*175

7%
*59

16%

16%

195

*175

73/4

7%

60%

*59

163%
195

16%
*175

7%
60%

11%

113/4

11%

11%

113/8

*293/4

'30%

*293/4

30%

♦29%

7%
*97

8
25

100

7%

8%

73/4

16%

60%

*59%

99

97

97

55%

55%

55%

8%

8

25

25%

138
38% «, 383/4

*136

8%

8

25%

25

383/4

591/4

200

11

113/8

5,600

293/4

300

7%

17,400

73/4

97

*95

97

553%

*55

55%

700

8

8%

25,700

243/4

1,700

8

7%

25

243/4
♦136

38%

59 %

17,400

29%

7%

73/4
55

25

142

39

73/4

11%

*95

8%

*136

142

383/4

60%

1,800

195

7%

30

11%

55%

16%

*175

7%

*293/4

8

97

15%

195

7%

113/8
30

16%

♦175

75/8

55%

138

No par

195

99

55%

1

8%

16%

7%
*59

1

pfd

90%

26%

162

59

2.50

Inc

60

P/4

4%

33%

A

165

32%

1

Jan

51%

52

26%

No par
No par

24

*50

52

5

10

51%

52

1%

4%

14%

common

*50

52

22%

70%
165

51%

32%

10

preferred

233/4

94

71%

69%
165

100

preferred

Class

25%

22%

14%

common

700

25%

24%

60 %

common

193/4

25%
22%

24

*32%

pfd

noncum

Curtiss-Wright

10

♦22

2.50

Inc

Press

7

44

14,500

53%

No par

243/4 Sep
132% Dec

3

95/a

52%

193/4

*30%

Publishing

29

Jan

9%

53%

♦l9'/2

No par

Corp common

Cunningham Drug Stores Inc

Jan

99

10

19

32% Mar

8 % Mar 17

64

543/4 Dec

21

129% Jan

8

12

8% Mar 20

24

23 % Feb

Jan

Dec

32

24

6

95/a

52%

193/4

Crucible Steel of Amer common—25
5%
convertible preferred
100

123A Jan

9% Aug 27
26% Apr

185

Jan

1,800

9%

533/4

100

5

15% Apr

77%

93/4

Cudahy Packing Co
4%% preferred

35% Jan

18

76%

19%

100

5

20% Jan

77%

53%

6% preferred certificates
Cuban-American Sugar common
7% preferred

36% Dec

Apr
24% Apr

6

24
25

2,400

77%

3.20Q

9%

Cuba

Jun

78

775/8

1

preferred

RR

12'/a

533/4

5

15% Sep

2

$4.20

11%

20%

"When issued"

16

12%

2

preferred

Crown Zellerbach

9

700

11%

12%
78%

9%

100

(The)

Corp

Crown Cork & Seal common
$2

12

12%
773/4

20%

25

common

of Wheat

12

12%

773/4

52%

5

3%%
preferred
Creameries of America

25% Jan

9

27

21

85/a

18%

9%

Refining common_25
preferred
•
100
Coty Inc
1
Coty Internation Corp
1

P/4 Jan

Jan

8%
18%

53%

Products

Co

8%
181/4

20

7%

Crane

8%
181/4

9%

„100

29% Feb

2

8%

18%

12

series of 1947-100

3

11% Jun

Oct

Jan

2

8%

18%

20

preferred

25

24% Jun

27

5

13

Corn

Electric

2% Jan

91% Jan

99% Jan

8

8%
183/4

1

Corn Exchange Bank «fe Tr Co
Corning Glass Works common

5

8%
*18 3/8

50

series

1

Jan

8%
18%

773/4

No par
5

22

713/4 Jan

Shares

8%

19%

Corp

172

the Week

Apr. 24

50

5%
series

pfd 3%%

Friday

Apr. 23

52%

common

pref

6%

Sales far

Thursday

1

Cornell

Dubilier

PRICES

Apr. 22

5

common

38% Jan

1% Oct 16
28% Oct 30

48 % May

Apr

Preferred

SALE

Wednesday

14

._

Delaware

26% Mar 25

Mar 31

161

Convertible

HIGH

Apr. 21

*18%

5

Corp

Copperweld Steel Co

10

2

of

Steel

Tuesday

Apr. 20

10

Cooper-Bessemer Corp
Copper Range, Co

Dec

51% Mar 31

Fibre

Motors

Continental

17 «/8 Jun

44

Monday
Par

Continental Cop & Steel Ind com__2
5%
convertible preferred
25

52% Apr
19% Apr

26

56 % Jan

STOCK

76% Apr

6

68% Apr

YORK

LOW AND

EXCHANGE

163/» Feb
11

Continued—Page 4

STOCKS

Range for Previous

Monday, April 27, 1953

24 3/a

142

*136

38%

38%

100

142

38

10

38%

2,000

3,900

D
32

Jan

90

39% Dec 23

July 23

7% Dec

2

33% Apr

95

May

8

86 % Apr

13

22

7
24

Jan

2

7% Apr

24

13% Dec

22

15% Mar 11

14

33% Feb

19

36 s/s Dec

12

323/4 Apr

May 15
13% Apr 24
33% Feb 19

58 % Aug

13

51

85% Jan

163/a Aug
6
36% Dec 12
96

2

July 15

Jan

533/4 Mar

14% Apr
353/a Apr
85

21

24
5

24
23

40% Mar 25
92

Jan

8

8% Mar 17
14

Jan

393/8 Jan
57

Dana

21
14

33/4%

29

38% Mar 13

34%
common

5%

convertible preferred
Davison Chem Corp (The) com
Preferred

4.60%

35%

35%

35%

35%

100

35%

353/8

355/a

35

*86%

87%

35%

*86%

873/4

*86%

873/4

2.50

preferred series A

Davega Stores Corp

Mar 16

163/a Jan

Corp common.

*86%

*73/4

873/4

86%

73/4

86%

20

8%

73%

*7%

75/8

73/4

7%

75/8

800

20

*14

1

143/8

*14

33%

54

54

10
common

333/8

80

series A

Daystrom Inc
Dayton Power & Light

14%

14%
353/4

14%

355/a

7

Apr

6

92

Jan

2

Preferred

3.75%

series A

35%

100

14%

♦14

8

14%

*14

*14

143/8

14%

34

34%

33%

34%

*53

54%

*52%

54

*523%

53%

*52 3/a

53%

14%

xl4%

14%

14%

14%

14%

143/8

1,600

353/4

35%

355/a

353/a

355/a

353/a

35%

2,400
10

34%

34%

323/4
•

33

1,800
200

28

96% Jun

92

*85%

Jan

16

Preferred

87%

*853/4

86%

86

3.75%

series B

100

86

*85%

86%

*85

*84

9

17

97% Feb

11

85

85%

99% Jun

Apr
93% Apr

17

92% Jan 21

Preferred

*84

85

3.90%

*84

series C

100

85

*84

85

*83

84

17% Oct 22

24% Feb

5

20% Apr

7

23% Feb

*91%

2

*91%

93%

'91%

93%

*91%

93%

*91%

93%

113/4 Apr
47% Jan

21

213/4

22%

21%

21%

213/4

213/4

11%

113/8

10%

11%

10%

11

413/4

41

42

41%

41%

1,800

88

Jan

19

85

8

Apr

16

9% Jan

14

9 % Jan

2

39

Oct

16

63% Jan

25

40 % Feb

10

28% Oct 21
31% Jan

3

34% Sep
4
35% Nov 24

43

2

52

Jan

Aug

7
12

11% Oct 15

15% Jun

23

26% Nov 17

62
x70

Apr

18

Feb 27
Mar

303/g Jan

13

46% Apr

24

12% Anr

6

24

Mar 20

13

100

15% Jan 30

27% Feb

2

6

243/8 Mar 23

12

24% Jan

16

25% Mar 23

9

4% Apr

24

25%

7% preferred
Delaware & Hudson
Delaware Lack & Western

10

61% Jan

41%

5

81% Apr

17

113/4

41

2

173/4 Feb

Nov

11%

41%

52% Feb

30

66

11%

413/a

33% Jan

17

25% Dec

3

11%

1

Inc

10

23

24

213/s

50c

Records

Deep Rock Oil Corp
common

Dec

Apr

50c

Decca
Deere

85% Dec

74

Dayton Rubber Co

2

95

23

55% Feb

24

243/4 Jan

4

17% Sep 22
Jan

253/a Apr
30% Apr

5

93%
21%

85

Jan

6

94% Jan

6

64

Mar

2

&

Co

new

25%

26%

26%

263/4

253/4

263/s

253/0

263/8

*30%

23,800

30%

30%

30%

30%

30%

30%

30%

1,000

473/8

473/a

*473/8

48

50

47

12%

12 %

473/a

46 5/a

47%

125/8

123/4

123/4

12%

12%

24%

12 3,4

12%

24%

123/4

24%

24%

6,800

243/8

24%

243%

24%

243%

243/4

1,800

75%

74

Denver & Rio Grande West RR—
Escrow ctfs for common
100
Escrow ctfs for preferred
100

74%

„

76

75%

76%

74%

76

82%

83

823/4

823/4

83%

83%

21%

83%

813/4

813/4

800

21%

21%

20

21%

21%

21

20

25

25

203/4

25%

4,100

Detroit Hillsdale & S W RR Co-100

25%

21%

25

25%

*63

24%

25%

24%

64

64

(The)

8

Detroit Edison

65

6% Jan

11

Detroit-Michigan Stove Co

18% Feb

21

14 % Feb

1

9

5%

16% Mar 25

Detroit

2

19% Mar

De

14%

_5

14%
*18%

_I2

19%

*22%

223/a

10

*29%

295/«

100

1023/4

1023/4

No par
25

36 %

36%

333/4

34

*63%

5%

1

-18% Jan

16
29

i

Jan

25

114% Feb

43

19

38% Nov

18

52% Mar 31

32% Jan

8

353/8 Jun 23

12% Dec 30
10

Jan

8

213/4 May 27
8

Nov

13

143/4 Jan
12 5/8

3

July 30

265/s Dec

1

12% Jan

3

Dec

1

29% Feb 21

39

10% Jan

12% May 13

8

16% Jan 16
52
Apr 17
36% Oct 27
99% Jan

3
21% Oct 30

24

Aug 13
65% July 1
44 % Dec

0

105% Mar 29
26 3/a

Apr

5

22

Feb

13

29

Feb

9

Diamond Alkali Co common
4.40% cum preferred

7

40% Feb

3

9

343/4 Feb

13

23

14

11

Apr

24

13% Feb

25

Jan

2

108

Jan

22

Mar 18
4

283% Mar 27

8% Apr 24
34% Apr 24

39% Mar

11

133/4 Feb

9% Jan

13
4

26

$1.50
Diana

Douglas Aircraft Co Inc

43% Jan

8

Dow

15

$4

5

Apr 22

833/4 Jan

14

40

Feb

43

13

20

Feb

13% Aug 29

9% Apr

17

123/4 Jan

2

97% Dec 15

91% Apr

24

100% Jan

10

118% Jan

2

*92 'A Jan

8

99

July

45% Jan

10

51

Jun

10

43

513/8 Oct 27
*48% Dec 10

52

Nov

19

23
21

48% Jan

5

6

103/b Apr

24

112

Apr

91% Apr

49% Dec

9

10% Jan

7

9% Jan

/*

-

10

Apr 24

47% Apr
453/a Apr

97

Jan

Feb

10

22%

293/4

29%

►101%

103%

♦101%

103%

*101

36 3/8

363/s

36 3/a

36

36

*33%

18%

18%
22

22%

29%

29

2,700

18%

22%

103%
36

"

102%
355/8

29

200

500
■?

900

102%

200

36

1,600

33%

*333/8

33%

33%

12%

12%

123/4

*125/0

123/4

700

115/a

11%

115/8

11

26 5/a

11%

263/4

4,900

26%

26%

25%

26%

25%

26 3/8

9,800

8%

1,000

263/8
*8 3/a

26%

61

9

*85/8

83/4

*83/8

83/4

35%

35%

35%

35%

35

35

12%

34%

12 %

12%

35

123/B

12%

12%

213/a

12%

12%

20%

20%

12%

600

20%

20%

20%

203/8

20 %

20%

62

7,400

62%

605/8

62

x60 %

62%

36%

7,600

37%

36 5/a

37%

36%

373/4

*96%

18,700

97%

96%

96%

96

96%

500

8%

800

623/4

62%

373/8

38%

97

97

20%

20%

20%

20%

203/B

20%

*80%

20 %

81%

193/4

♦80%

81%

20%

80

8,200

80

*38

*79%

81%

40%

*38

♦79%

433/4

81%

200

*38

433/4

♦37

40%

♦36

39%

9%

93%

95/8

63

95/8

933/8

94%

94%

112%

112%

*112%

$3.50

series

*92%

92%

No par

50

*43

44%

50

*50

51

9%

93/4

9%

9%

94%

94%

95%

913/4

94%

91%

112 3/a

112%

112%

46 %

46%

5

10 %

10%

*112% 113

113%

93/4
92

2,400

22,600

113%

;

500

92%

923/4

*92

93

44%

44%

*43

44%

51

453/s
*10

923/4

44%

*43
*50

50

;

923/4

20

9%

& Co-

Corp

83/4

375%

*97

l

$4.15 preferred
4%
preferred

*83/8

98

37%

par
50o

100

Duquesne Light Co $3.75 pfd

400

33%

36

36

series—"ZNcTpar

DWG Cigar

>4,500

11%

$4.50

Preferred

'

■

37a'i

12%

5

Preferred

5

18%

22%

29%

14

33%

5

common

(E I)

19%

*22%

293/4

10

5
••

12%

No par

Pont de Nem

*18%

223%

293/8

14%

117/8

No par
No

Common

12

48

51% Jan

preferred series A

Duplan Corp
du

1

19

*22%

;

65

4%

143/4

33%

203%

3 3%%
convertible preferred
Dunhill International

30

79% May
*114% Jan

Ltd

Industries

*18%

,

*63

5

14%

11%

*12%

Chemical Co common

Dresser

5
■

12%

No par

1023/4 Jan
24 3% Jan

5%
143/4

12%

No par

24

24

65

14,700

11%

No~par

23

Apr
193/4 Apr

Mines

5

143/4

25

12%

i

Cup Co
Pepper Co

Dome

..

3,200

113/4

2

Dixie
Dr.

♦64

75
*

2

Corp

96

80

8 3% Apr 25

Stores

65

5
5%
143/4 ,15

74%
♦81%

50c

Diamond T Motor Car Co
Distillers Corp-Seagrams Ltd
Divco Corp

72% Mar 20

84% Aug 25

3

common

6

47

119% Apr 25

A

preferred

60 % Apr
3 6 3/s Apr

11

8

Match

cum

233/8 Mar 10

22

Nov 25

Diamond

Raynolds 'class

5

80% Jun
Jan

&

19% Feb

32

9% May 19

Co./...

DeVoe

Mar 17

33 % Apr
123/4 Apr

7

Corp

33

20

Jan

Steel

Vilblss

24% Mar 10

1023/4 Apr
35% Apr

1,600

20%

Derby Oil Co

18% July 11
27% Jan 21

31

1

13.50

Delaware Power & Light Co

I9

20% Oct

2,100
40,100

30%

14

29% Oct

21%

47

31

106 % Apr

21%

26%

Oct

6

1

303/8

5% Jun

6 3/4 Mar 17

*

47

20

16% Jan

13

♦41

50

50

47%

48 %

♦46%

48%

46%

20

45%

45%

45%

45%

45%

45%

1,100

10%

10%

103/8

1,400

103/a

*10

103/8

*10

*92

93

43

43

500
30

E
19

Apr 30

25

Jan

28

22

Sep

16

28% Jan

2

163/4 Nov

14

25% Jan

18

12% Oct

16

l63/4 Jan 21

41% Oct 30
158

Jan 2i
36% Feb 27
15% Jan
2

82% Nov
16 3/4 Feb

6

48

31

Oct

15

13 3A Nov 12

11% Jun 20

193/e Jan

2

26

9

May

94% Apr
20% Jan

16

20

18
89

2

17

July 15
Apr 29

14

163/4 Jan

5

85% Jan

12

Dec 29
Jan 14

20% Apr
97% Apr

23

Sep 15

14 3/4 Apr

7

48 % Apr

23

1% Jan

2

55 ®/8 Dec

31

2% Apr 16
43% Mar 18

16% Mar 19
32 % Dec 30
61% Jan 18
56% Dec 26
38% Jun

32

Apr

1

23

33

Apr 24

16

Jan

6

I73/4 Jan

101% Sep 18
23% Dec 31
7% Jun 18

3

62 % Jan

23% Nov 24

2

169

2

A Apr 23
113/a Apr 23
23"% Jan 15

27% Apr
95

24

Jan

48% Jan

6%

Eaton

preferred

23% Jan
102

5

Feb

11

17% Feb

24

57

Mar 12

2% Apr
373/4 Jan

15
9

2

common

Storage Battery

Jan

26

33% Feb

4

503/i Jan

5

5%

60% Feb

4

5%

conv

Co

37% Jan

8

El

18% Mar

2

Emerson

A Apr
14

16

Jan

6

26% Feb 19
293/4 Feb

5

5

24

24% Mar 12

9

7% Jan 30
22% Jan
5

99

Mar 13

Dec 31

70

Jan

2

73

74 % Feb

Nov 24

71

Jan

9

74

Apr

6

21

2nd

Electric

24%

16%

17

*13%

20 5/8

20%

205/8

203/4

2,800

235/8

24%

23%

243/a

14,000

♦163/,

163/4

*16%

163/4

J

14

14

133/4

133/4

133/4

133/4

800

46%

46%

453/4

463/a

45%

46%

21,700

*158%

*158%

159%

10

42%

42%

3,500

193/4

20

1,900

46%

161%

42%

43%

43%

43%

43%

43%

42%

43%

20 %

20 3/a

20 3/s

205/8

20%

20%

20

20%

88

88

21

21

*93

98

88

88

21

21%

*93

98

400

14%
47

161

455/a

46%
*159

*87

*158%

88

20%
•

161

*93

*86

21

88

20%

98

161

*93

*86

20%
98

88

20%

170

20 5/a

*93

98

3,200
_

15%

15%

15%

15%

15%

15%

15

153/s

*14%

15

50

50%

49%

503/4

48%

49%

2

48%

49 %

483/4

49

2%

5,400

1%

2

8,300

No par

33 %

333/8

2

2%

33%

34

2

2

32%

1%

33%

32

2

-

32%

32

800

32%

4,200

15
£

12

12

12%

12%

12%

12%

10

29

12%

12%

113/4

12

29%

283/4

29

1,200

28 3/8

28%

28%

28%

28%

28%

2,600

50

49%

49%

50
Gas

Mfg

50

*49%

50

*49%

50

*49%

*52

54%

*52%

54

*52

54

51%

51%

*52

53%

100

343/4

33%

34%

33

33%

14,900

16%

16

lo%

3,000

32

1*8

83,600

113/4

11%

11%

6,000

24%

24%

3,300

27%

27%

1,000

r_3

34%

34%

345/8

34%

34%

4

Co

16%

16%

163/a

16%

16 %

3*

& Phonograph
Empire District Electric Co

Endicott Johnson Corp
4%
preferred

*49%

50

Rights
Emerson Radio

common

Equitable Gas Co
Equitable Office Bldg
Erie RR

21%

24%

17%

l

preferred

Paso Natural

21

25

5

Co

common

213/8

*17

161%

100

preference

Elgin National Watch
Elliott

133/8

21%
243/4

17%

2.50

common

4%% preferred
Elastic Stop Nut Co
Electric Auto-Lite (The)
Elec & Mus Ind Amer shares
Electric

1
100

25

13%

100

Manufacturing Co

21%

245/8
*17

Eastern Stainless Steel
Corp_~II_5
Eastman Kodak Co common
10

4%% preferred
Ekco Products Co

20

21 %

1
10

Edison Bros Stores Inc

Feb

70




30

10

Airlines Inc

25% Mar 25

Jan

6

Eastern

Co

Eastern Corp

22

22% Apr
6 3/4 Apr

19% Apr

Eagle-Picher

94

51% Apr

17% Jan 29
153/4 Apr 14
26% Dec
3
30% Jun 27

15% Mar 17
47
Apr 21

13

23

8

19% Mar 27

11 % Apr 24
283/a Apr 23
49% Feb 20

16

5% Feb

2

28 3/s Jan

9
6

43% Feb

23

48% May 13
48% Jun 16

23

Feb

13% Feb

161% Apr
42 % Apr

102

443/4 Jan 24
1 % Jun 20

233/4 Mar 11

21

23

34% Oct 22
10% Nov 24
24% Apr 15

16

23

171% July 10
47% Dec
9

Apr 25
123/4 Mar 11

97

Jan

20% Apr
23% Apr

common

5% preferred series A
Erie & Pittsburgh RR Co

3*2

3*2

5

11%

11%

11%

10

24%

24%

25

100
8.50

27%
*95

22%
7

No par

193/4

100

70 %

50

*72%

273/4
96

23
7

24%
273/4
*95

22%
7

%
12

241/4

16%

16%

%

A

11%

11%

32

113/4

24%

24%

24

27%

271/4

273/4

*27

27%

96

95

953/4

*95

96

22%

22%

22%

7

20%

20

20%

70%

70%

70%

74

74

74

6%
19%

70%
*74

7

26%
70%
75

%

22 3/a

24%

22y8

6%

7

193/4

20

70%
*14.

•95

96

20

40

22 %

22%

2,100

6%

6%

4,800

19%

9,700

19%

70%

*70

71

400

75

*74

75

10

(1805)

Number 5215... The Commercial and Financial Chronicle

Volume 177

NEW YORK STOCK RECORD
NEW

Range Since Jan. 1

Year 1952

Lowest

Highest

Lowest

Continued—Page 5

STOCKS

Range for Previous

YORK

STOCK

Monday

Apr. 21

1

7% Dec

5

9% Mar

3

Eureka Williams Corp

5

8%

8%

8 5/a

10% Nov

6

15% Mar

11

Jan

15

14% Mar

9

Evans

Products

5

12%

12%

12%

11

Jan

22

13% Oct

xl31

Jan

13

15% Mar 27

Eversharp

1

14%

14%

14%

44

May 17

55% Dec

49

Apr

6

59% Mar

Ex-Cello Corp

3

51

51%

16

3% Feb

2

Jan

2

2%

21% Oct 29

27% Jan

23% Jan

12

1% Dec

7% Jan

15

3

2% Jan 26

.

12

7% Jan

2

11

20% Feb

18

12% Jan

3

16 Y« Jan

29

15

15% Jan

2

19% Jun

4

53% Nov

5

57% Dec

3

23% Oct 29

30% Dec

23

25% Feb

19

12% Feb 28

16% Dec

9

15% Jan

9

Apr

60

Dec

9

56% Jmjl

19

Jan

100

21,000
1,000

161/4

16%

161/4

16%

16'/4

16

16

15%

16

16%

16%

16%

16%

16%

16%

161/2

16%

16%

*50y8

*50'/a

50y2

50%

501/4

200

14

Brewing Corp

16%
*50%

51

50%

501/4

31%

33

321/s

33%

32

32%

31%

32%

31%

32%

14,200

15%

15%

15%

15 7/8

15%

15 7/8

15%

15%

15%;

15%

10,000

9

Common

9

5%

10
1

Federal Fawick

Feb

25

Federal

27 y4 Feb

11

Federal-Mogul Corp

Jan

6

105

11 % Apr

16

13

38% Apr
2
83% Nov 20

24

3

3/64

rl/64

*59

60%

*59

60

*58%

60

58%

58%

100

5iy2

*51%

51%

*51%

521/a

51%

5iy4

50%

50%

300

6%

6%

67/e

6%

6%

6%

6%

6%

6%

61%

61

61

61 %

•

24%

24%

24%

42 %

42%

42

102%

100

preferred

Apr

24

29% Jan

17

88% Jan

107

12

Jan

i 104

*11%

113/4

11%

111/4.

24%

24%

24%.

24

24

2,100

78%

78%

78%

80 %

79%

80%

79

793/4

79

79%

2,700

16%

m%Aug

2

24% Sep

3

17% Mar

7

24% Dec

18

3

Florence Stove

26% Mar 17

9

44%

43%

45

12%

13

*12%

29%
97

97

23

23%

No par

35%

35%

38 y4 Mar 13

Fionua

Povver

&

Light Co

18% Jan

29

29 V2 Mai

a

Florsheim

24

17% Jan

6

Follansbee Steel Corp

Apr

Shoe class A

19% Apr 18
02% Jan 10

24% Dec

11

25

Jan

2

Food

98% Dec

11

94% Mar 26

99

Jan

5

38% Oct 29

56 % Jan

28

36% Apr

43% Jan

2

29

85

'51—. 15
Machinery & Chem Corp
10
3%% convertible preferred
100
3%% preferred
100
Foster-Wheeler Corp
10

17
Apr 24

103

Fair

Stores

Dec

Jan

27

10

16

99% Feb

17% Apr

23

23% Jan 20

11% Jan

26

13% Apr

15

13% Sep

9

91% Apr

24% July 1
19
Feb 18

19

10% Jan

30

12

Apr

23

13% Apr

13

Jan

14

40% Feb

20

51% Mar 17

Froedtert Corp

13% Dec

23

18% May 21

11% Apr

10

14% Jan

22% Apr
75% Jan

4
10

27% Aug 11

24% Jan

16

75

79

Mar 25

9

Jan

Sugar

Fruehauf

8

4%

5% Jan

2
6

20% Jan

7% Mar

May 15

19% Deo

15

6% May 15

8% Jan

8

7% Jan

2

36

Apr 16

39% Sep

5

36 y4 Apr

1

8% Apr 13
38% Feb 25

18

May 15

26% Dec 31

23

Apr

1

27y« Jan

26% Dec

25% Feb

13

22% May 20
22% Feb

15

34% Dec

5

Apr
6% Feb

28

83% Jan 20

5% Sep 18

8% Jan 22

11

7% Mar 12

32% Nov 17

41% Jan 22

33% Feb 18

37% Mar 12

24% Oct

33% Jun 25

25

15

26% Feb 21
102

July

11
149

,

9% Jun

13

74

Jan

8

78

May

Jun

10

33

17

104% Feb

19

13

Jan

7

70y4 Mar 27

14% Mar 18
155

Mar 24

2

22% Mar 17

Feb

0

14

Mar 25

75

9

7

11

Dec 22

Jan

17% Jan

18% Aug 14
11% Nov 28

x29

6

24

150

31

Feb 28

159

5

Mar 24

Apr

100

11

13% Dec

Apr 17
Nov 12

18% Feb 27

29 v4

69% Jan

Jun 27

31

63% Dec

0

14

27% Jan

24 y4 Apr

105% Oct 14

3

51% Jan

Jan

Mar 26

78

Jan

31% Feb

10

19% Jan

0

124% Deo

1

123

Jan

3

129% Apr

24% Jan 16

45% Dee

19

35

Apr

20

37% Jan 14

48% Dec

64% Feb 20

20% Dec 18

16% May 25
115

Jan

7% Jan
41

00

Apr 18
Jan
3

t

5

Jan

2

37% Apr

20

66% Apr
10% Feb

6

73% Jan
11% Feb

26

53% Dec

52 y4 Mar 31

8

2

48% Mar 24

8ep 30

8% Jan

9

373%

363/4

37%

89

89

88%

88%

87

87

85

87

91%

91%

93

91%

92%

18 %

18%

17%

181/4

173/4

18

3,500

♦12%

12%

12

12%

123/fl

12%

3,900

90

90

18%

*81%

93

19%

18%

19

12%

12%

13%

93

*91%
■

100% Dec 22
24% Aug 15
Nov 24

50

24% Aug 29
4% Dec
8
27% Deo
Dec

36

126

Dec

1

29

93% Apr

21

99% Jan

*12%

12%

12%

12%

12

121/8

12

48%

46%

47

46%

46%

46%

463/4

11%

11%

11%

11%

11%

*11%

11%

1

25%

26%

26%

26%

25 y8

26 %

253/4

25ya

23% Jan

12

25% Feb

♦76

1

3% Jan

14

25% Apr 24
32% Apr

7

54% Mar 30
27% Mar 23

4% Jan
29

5

Mar 20

37% Jan

16

10

123% Apr

17

130

Feb

4

2

13

Apr

77/3

*127%
35

2

21 y« Apr

24

25% Feb

17

43% Jan

19

51

7

90

Apr

23

96% Mar 16

29% Jan

2

35% Dec

4

34% Jan

6

3»%Marl3

25

27

Dec

22

35% Jan

2

100

Jan

26

102% Jan

2

Apr 23

Co

24% Oct

15

31

Apr

Jan

3

89

Mar 10

3

Mi* Jan

31% Feb

6%

1,300

19

18%

19

183/4

18%

7,700

8

73/4

8

■? 73/4

7%

3,200

*37%

38

*37%

38

373/8

373/8

*37%

37%

•24 %

24%

*23%

243/a

23%

231/2

23%

23%

500

27%

26%

26 y2

26%

26%

1,700

27%

26

26%

26

26%'

2,500

6%

3,800

19%

8

129

36%

27

27%

27

26%

26%

26%

6%

65/8

6 S/8

35

35

*343/8

35%

♦34%

28

28%

28

28

27%

28

25%

25%

243/4

>25%

24%

25

101 %

100 %

66 3/4

66%

*100

66%
13%
♦151

20%
12

♦75%
32
♦18

128
36

101%

28%

3

84

Jan

5

5

74% Apr

6

18

14% Nov 10

23% Jan

5

16

30% Jan

34% Sep 25
99% Oct 28

97

Apr

21

32 y4 Jan

2

Jan

5

14% Feb

17

18V4 Jan

*100

66%

67

12

12%

x86

Jan

8

79% Apr

13

81% Jan

23

Dec

1

18% Apr

20

21% Jan

42% Jan

24

8% Jan

18

8

Nov 24

138

33% Apr 24
7% Jan
132

Jan

15% Oct 27

18% May 22

16% Apr

55% Feb 20

77% Dec 30

66

84% Dec

50% Feb

9

2

5

Jan

3

17

*9% July

8

108

Sep 15

10% Jan
60

31

Dec

4

9

Apr 23

29

3% Feb

2

8

8% Feb

Oc t23

6% Jun

15

27% Oct 30

33

18% Oct 25

24% Jan 30

May 26

11

105% Apr 21
7% Apr 24
51% Apr
28

~2

8% Jan
19

par
par

*23%

24%

1

53

94%
53

75%

32%

33

32%

32%"

18%

18

18

18

18

18

23

Apr 23

2% Feb

11

Jan

2

27% Feb

10

Feb

13

7

17

59

Harvester
Co

5

33% Mar

4

Grace (W R) & Co

2% Mar 25

Graham-Paige Motors

9% F«b

30

93% Mar 31

98% Jan 28

10

30% Feb 20

33% Jan

233/4

513/4

52%

2334

23%

233/4

23%

26%

27

263/8

203/4

253/4

32%

32%

33

33%

33 %

33 %

*333/8

par

126

11%

•123%

4

4%

126

•123%

—

11%

11%

11%

11%

11%

11%

21%

21%

21%

21%

22

47

47

47%

47

473/8

47

51

92

92%

92

92%

903/4

91%

90

90

37%

37%

37%

29

29

29

*38

37%

38

*28%

29

28%

103%

*101

103%

♦101

103%

30%

30%

30%

30

30%

29

303/s

*82y2

83 %

♦82%

83%

82%

82%

*82%

84

*821/2

*71
16%

73%

*71

73%

•71 %

73%

*71%

73%

♦71%

73%

16%

16%

16 3/8

16%

16%

5,900

35%

6,500

103%

16%

*101

16

35%
♦100

16

16%

353/8

35%

100

101

14%

15%

♦79%

81

8

8

*133

135

7%
*133

*7%

8

*133

135

5
10

Dec

22

34% Feb

5

14% Jan

5

19% Mar 27

Gt Northern

51% Apr 23

58% Mar 25

pfd
No par
Great Western Sugar com—_No par

36

Mar 28

19% Nov 10

41% Jan

•

26% Jan 22

19% Jan

2

4f»•/(, Jan

Iron Ore Prop—No par
Ry 6%

100
100
—1

preferred

Green Bay & Western RR

2

23% Mar 28

Green (H L)
*

11% Jan

13

Nov 28

96% Apr

7

12% Jan

2

93% Apr

14

Co Inc

Greenfield Tap & Die Corp—Nopar

13% Mar

2

Common

96% Jan

7

4%ft

preferred

1
—

100

81

17%
*94%
32%
*93%
' 13%

29%
2%
7%
30

—

3
100

7%
*132%

67%

12,000

525/8

17,800

106%

1,000

7%

1,300

66

67

53%

52%

52%

105%

*105 %

106 %

105%

106%

29

2%
7%
30

*8

8%

*513%

53

29

29%

2 %

2%

*105%

8%

73A

53

51%

513%

*503/i

29%

28

29

8

*8

3/a

2%

2%

28

2%

2%

7%

7%

7%

7%

29%

293/4

29%

295/a

1,900

17%

17%

17%

17%

3,200

18

17%

95%

94

94

93%

93%

32%

32%

32%

32%

32%

32%

32 %

38%

136%
*65 34%
21%

138

94

93%

13%

114

17%

17%

52%
18%

18%

*65

34%
21%

12%

„

*92%

183/4

18%
*137

68

*65

34%

34%

21%

21%

,

10

94

13%

1,400

39%

150

17%

17%

3,600

52%

13,300

183/4

3,100

137%

.

13%

18i/2

18 5/a

138

1,100

32%

52%

52 %

18 3%

300

95

*38%

.

17 %

*65

34%

♦92

•

32%

39%

17%

51%

*137

21%

13

♦38%

52%

67

34%

135/s

17%

39

138

21%

93

4

*93

,

94

17%

'

53%

18%

13%

513/4

39

38%

17%

•136%

*92%

93%

14%

53

67

1,400

7%
30%

17%

39

8,900

7%

•94%

39
17%
52%
18%

3,300

2%

29%

17%

13%

100

28

7%

95%

•93%

52

30%

17%

94

10

600

66%

683/4

52%

*8%

1,300

7%
134

163/4

67%

•52

3,600

16%

69%

14%

12"%
*92

8

2,200

-

16%

53%

Greyhound Corp (The)—
*93% Sep

9,100

*79%

133

68%

105%

16% Nov 28

7%

100

15%

163/4

52%

68%

53
52%
*105% 106%
8
8
53
*51%

28%
2%
7%
29%

133

17%

68%

Nopar
No par
Inc
4
No par
-Nopar

7%

8

135

17%

17%

17%

39

2

^101%

14%

81

17%

*17'%

2

Mar

*100

15%

34%

8

19% Mar 27

*79%

81

35 %h

35%

101%

19

13% Jan

73% Jan 21

14%

50

84

34

31% May

141

*100

15%

8,900

29%

183/4

4

2

353/8

35%
100

28%

33%

100

700

1031%

,

30%

*101

19%

7

9
15
34% Apr 24

.8,100

28 %

34%

97% Feb

17% Jan

150

37%

19

16% Jan

134% Apr
64% Apr

91%

*28
*101

'

283/4

34

2

2

50%

37 5/8

V

19

24

4

48 3/4

*90%

37% .37%

29

10

21%

34%

13% Apr

Jon 27

21%

V

1,600

3,100
4,100
3,000

11%

19

93% Apr

19% Mar

11%

f

11,700

.«

125

125

125

34 %

Aug 14

67% July

33%

18%

May 26

149

50,200

4
26

323/4

4%

34%

18

16% Dee 22

3%
255/8

33%

18%

99

137% Dec 30
81% Oct 31

3,600

3,800

34%

City

Gt Northern

523/a
23%

26%,'

22

21%

500

51%
23%

r.

19

2

39% Mar 17

*123%

125

400

233/4

235/B

79%

17

Dec 23

3%

4%

700

94

*93
'

58,800

119

1185/a

94 %

18%
34%

11% Mar

67

*93

60%

60

60%
1185/8

53

93%

26%

_

12

60%
118%

61%
119%

24

Steel common—12.50
5%% cum preferred
100
Grant (W T) Co common
5
3%% preferred
l
100
Grayson-Roblnson Stores com
1
$2.25 conv preferred
Nopar

Granite

200

79 %

Granby Consol M S & P
Grand Union Co (The>

5

115

26%

Nopar

61% Jan

20% Jan

180

114

24

No par

(B F)

$5 preferred

25

117

118

233/4

24%

2,500

*113

52%

4

5,100

57%;

118%

53%

24%

*

118

23%
4

4%

56%

/

118

5

/

12%.

12%

123/4 /

57%

117

53

10

Gotham Hosiery
Gould-National Batteries

31% Mar 27

123/4
56%

29,600

92%"

*90

,2.50
No par
1

Corp

Common

4

7,200

•

No par

preferred

Goodrich Co

20

53

:•

93

*24

*79%

7

9% Jan

1,800

52 5/a

53%
J

233/4

14%

Goodall-Sanford Inc

108% Feb

10%

60%

15%

5

Mar 19

68%

10%

93%

14%

Brewing

68 '/a

10 3/a

523/4

13

117%

v

2,100

37%

69%

*90

•57%

*113

11,200

38

*118%

5

Goebel

117%

160

35%

10%

1-

54%
93

127%
38

61%

35%

Mar

34% Deo

46% Feb 27

10%

700

683/4

70%

;

35%

*37%

38

•

1,200

35

127%

128

353/8

36%

35%

36%

*127%

128

127%

128

93%
24%

93%

100

77

75

32%

18

10c

par

*75

77

32

*75%

119%

61%
119

101%

Gold & Stock Telegraph Co

80% Jan

61%

34%

8

104% Jan

Jan

7,400

53%

*99%

Co common

Glidden Co (The) common

20

9

01

11%

54%

1

(The)

Apr

27% Feb 21

x92% Sep

11%

32

77

Goodyear Tire & Rubber—

May

123%

54

convertible preference—No par

Gleaner

38y«Mar20
135

$5

$4.50

9

6% Nov

12

54%

119%

100
1

Gimbel Brothers common

12

15

40

12

10%

61

10

152%.

2,900

69%

*ii9y8
941/2

4,000

13%

♦151

20%

38

11 y4
21%
♦46,/2

Gillette
-

16% Mar 25

79% Dec 30

5
par

6,300

66

13%

13%

20

;

101

643/4

20%

10%

•113

*100

66%

20 %

38%

117

5,500

152 %

70

*113

24%

20

10%

119

2,700

24%

/

*151

38

*117

/'

27%

20%

151

.

69%

*90

100

36

20%

151

20%

10%
91

500

263/4

100%
•

13 s/8

13%

13%

13%
152%

38%

*123%

preferred

preferred
Georgia-Pacific Plywood Co

15

15

100
preferred—100

3%%

37% Mar 27
100% Apr

_!

No par
100
General Tire & Rubber com—_2.50
4%% preferred
100

34% Mar 11

Feb
Jan

77% Feb

18% Jun 30

Apr"24

80

72

71% Dec 31

104

63/4

6%

6%

69%

*89

6

36

6%
*35

537/3

preferred———No par
Corp
1

6

6

6%

10 y4

No par

General Time Corp common
4%% preferred

2

*'< 0//4

77

7%

*6

6%

18%

8

68%

1

_

3

77

500

5,400

26

18%

6%

18%

37y2

conv)__Nopar
No par

($2 cum

100

6%

9
3

257%
:

900

9,200

8

6%

6

jgi/j

5

General Realty & Utilities—
lOo
General Refractories —
No par
General Shoe Corp
—1
Gen Steel Casting $6 pfd—No par
General Telephone Corp
20

16

10y4 Jan

11% Sep

i

*753/4

77

♦76

77

♦76

77

1

common

General Motors Corp common
$5 preferred „—:
No
Preferred $3.75 series
No
General Outdoor Advertising_No
General Portland Cement Co
General Precision Eqp Corp—No
General Public Service—
General Public Utilities Corp
General Railway Signal com No

9

47% Feb 10
21% Jan 21

130

12

47%

*11%

100

preferred
3%% convertible

14

8,500
170

11%

common

5%

Jan 14

*91%

80

95

*94%

11%

117

119

95

12 %

118%

24

23%

48%

118%

Dec

7% Sep

37%

17

45% Dec

32% Oct 27

*94%

Apr

104% Jan

124% May 24

94 %
38 %

117

Apr

2,000

94%
37%

23%

23%

125% July 28

114

23%

23%

95
38

57

8

2,000

37%

12%

Dee

15%

23%

*88%

120

.

15

23

-

*94%

37

13%

2

15%

95 %

57%

124% Jan

700

30

*25

30

15%

15%

15%

16

*25

30

*25

30

91%

3

Apr

*25

13

25

18

7,400

57%

21

9

357/8

13

Jun

83% Apr 22
14% Nov 14

353/4

57%

36% Feb

81

35%

12%

20% Jun
82

35%

56%

5

114

35%

370

12%

preferred

$3.50

4

10

35%

General Instrument

69% Feb

Jan

36 %

General Mills common———No par

9

123% Jan

25

8,800

1

General Finance Corp
General Foods Corp com

2

Jan

7

3

23%

14% Mar 19

23

3% Feb 20

23%

61

94% Jan

59% Apr

16% May 14

23%

2

118% Apr

20% Jan

23%

2

69% Dec 30

2

24

Apr

89% Mar 27

125% Dec 29

Jan

23%

10% Jan

Feb 21

20

24%

56

80

34% Feb 20

22

9

110% Jan 11

;r

97

22

11% Dec 12

Apr 18

3

291%

96

22%

60% Dec

185

x94 % Jan

29%

97

22%

♦23

36%

100

General Electric

55% Mar 20

29%

97

22%

,

..

23%

*94%

General Dynamics Corp common__3

5

10

29%

97 %

30%

G

Preferred

19

96% May 22
-

7%

2
46% Mar 24

11% Deo 22

82% Oct 20
lit

17% Feb

72% Dec 31

4

n6% Jun
l

8

35% Mar 25

24

30%

97

22%

15%

5% convertible preferred——50
377/3
37%
Gamewell Co (The)
No par
24%
24%
Gardner-Denver Co
5
':>■ 27 y4
27%
Garrett Corp (The)——
2
26%
26%
Gar Wood Industries Inc com
1
6%
65/3
36
4%% convertible preferred
50
-*35
Gaylord Container Corp
1.66%
4
27%
27%
General American Investors com—1 4 v 25y4
25%
$4.50 preferred —1
100
101
*100
General Amer Transportation
5
66%
gg%
General Baking Co common—5
131/2
13%
$8 preferred
__No par
*150
152%
General Bronze Corp
5
20%
20%
General Cable Corp com
No par
12
uy4
4% 1st preferred
——.—100
77
*75%
4% conv 2nd preferred
50
32
*31%
General Cigar Co Inc com—No par
»i8
18%

2

3,900

29%

98

23%

12%

common,

Gamble-Skogmo Inc

28% Jan 27

6

26

8

Co

Gabriel Co (The)
Gair Co Inc (Robert)

8

17 % Apr

1,600

46%

preferred

,

4

8% Jan

8% Dee 30

1,100

123/4

1
10
.

Trailer

43

12 S/8

No par

Co

Franklin Stores Corp

27% Mar 24

84% Mar 20

Francisco

:

16

23

1

common

Freeport Sulphur Co

46

35% May 20

xl5

Inc

$4.20 div cum pfd ser of

Food

98% Nov 26

17% Nov 17
12

Jan

114

95% Oct 16
2
90% Jan

22% Feb

31

43

12%

■

15%

10

23% Jan 30

431%

12%

*97

29%
V

30

*25

No par

14% Oct 16

110

*43%

35%.

24%

Co

106

24

23%

7%

Florida Power Corp

3,500
4,900

*105

*22%

30%

No par

15%

64i/2 ;

62%

63V4
105

13

43%

43%

13

15%

15%

62

105

105

12%

No par

.

15%

15%

65%

64

105

44%

1

preferred

24% Feb 27

7

32% Jan

$4

105

__5

(The) Carpet Co
Flintkote Co (The) common

11

15%

16%
66
105

65%

106

No par

Stores—

Firth

Mar 25

Feb

National

First

15%

16%
66

64%
*105

100

preferred

Id

Dec 31

20

32
100

Apr

23 % Apr

19

34% Nov

25

13% Jun

12

24
21% Jan
2

96

7

19% May

25% Jan

Firestone Tire & Rubber com__12.50

28% Jan

30

32% Mar 20

18

May 20

96

Dec

13

9% May 17

27% Sep

Filtrol Corp

75 y4 Jan
Feb

700

11%

24%

16% Apr

13% Mar 17

1,080

11%

25 %

106% Jan
46

102

U%

9
4

102

102

102

102

102

102%

11%
24%

24

20

5,800

25%

23

12% Feb

1,200

41%

11%

Apr

42% Mar

25

403/4

25%

62

2

247/8

41%

11%

104% Feb

Apr 23

47% Dec

34% Mar 13

24%

41

10
1

Fidelity Phoenix Fire Ins N Y

4%%

61

24%

5

Mfg Co_

78% Apr

Dec~30

500

61

61

247/8
42 %

v

1

Felt & Tarrant
Ferro Corp

15% Apr

74%

Mayl

50

102

102 %

*60

61%

41%

61%

%

32

♦24%

24%

42

2

new

A

7

5

Mining & Smelting Co

4%%

Mar
Jan

3/64

60y2

*50%

2

Federated Dept Stores common

5

32

♦58%

50

Corp

69

147,600

3/64

50

A

ser

pfd 1953 series

15

xlOl

1

51

aa

rights
cum pfd

conv

5%%

1
24

Sep 25

700

9,200

_1

Fedders-Quigan Corp common

9

Jan

26%

26

26%

preferred series B
:
50
Fansteel Metallurgical Corp
No par

Apr

48

26

26

*16

1

5%

7% Apr

16% Jan 19

7

68% Mar

16,000

8%
22%

Apr

106

3

11% Dec 19
25% Nov

26%

81/8

34% Apr

40% Apr

25%
*22%

Jan

26

26%

2%

81/2

59

Dec

261/s

*1%

22%

24

3

47

2%

8%

76% July 21

37% Feb 21

*2%

*22%

26% Nov

Apr 28
24% Dec 16

2,700

8%

14

6

2%

49

22%

Jan

2

*2%

49

8%

6

6% Dec

2%

51

22%

Jan

A Apr

*2%

1,100
4,400

49 '

8%

57

66% Mar

50 V2

14 %

22i/a

Family Finance Corp common

52

50 %

14%

8%

8

9

503/4

14%

8

22%

Jan

24

50%

3,300

12%

14%

.

17/a
12%.

8%

19

Mar

14%

Shares

12%

22y2

16% Mar 31

18

14%

8%

12%

8'A

Co

50 V4 Mar 31

1

56

25 %

14%

8

8 3/s

12%

22 y4

&

Co

Falstaff

50 % Apr

4% May

No par

8%
•12 5/a

8%

20

Morse

Fairchild

Fajardo Sugar

20

48% Feb

*2%

16% Mar 24

9

Jan

-

Engine & Airplane Corp_i

Fairbanks

20

•

—2.50

Exchange Buffet Corp

28% Mar 25

—

.

;

10% Mar 25

7% Nov

23% Jan

Sep

Inc

22% Apr

12

20% Sep 29

7

4

Co

the Week

Friday
Apr. 24

Apr. 23

Apr. 22

13

5% May

Thursday

Wednesday

Tuesday

Apr. 20

Par

Sales for

HIGH SALE PRICES

LOW AND

EXCHANGE

Highest

21

1373/4

"

.

138
68

4

34%

34%

.

21%

*65

80

68

34%

21%

21

21

13

3,900

34%

93

13

12%

13

12%

13

12%

93

•91%

93

*91%

93

♦90 %

s

600

17,800

-

For footnote*




aee

page 28

The Commercial and Financial Chronicle...

(1806)

Continued—Page 6

NEW YORK STOCK RECORD

Dec

10

25

Feb

20

63

Feb

27

77

46% Oct

16

21

Dec

Grumman Aircraft Corp

2

1

32%

32 Vb

32%

31%

32%

31%

32%

No par

73%

73%

73%

73%

*72 %

73%

73

73

73%

73%

700

Corp
25
Gulf States Utilities Co com_No par

47 Ve

47%

46%

47 %

45 %

46%

44%

45 Va

26,300

29%

47%
29%

47%

29

29 %

2.9

29 Ve

29

29%

28%

29

preferred

$5

31% Mar 24

Oil

103% Jan

16

105% Jan

8

105

100

Apr

14

i05

8

33% Dec 24

16

1,000
10,800

16,200

*7%

Gulf

33% Jan

12

36% Mar

5

Hackensack

9

49% Jan

12

56% F«b

6

Halliburton Oil

Jan

7%

32%

6

16

21%

7%

V/B

Apr

Dec

21 Va

7%

32%

26% Jan 15
100% Mar 30

1

Shares

21%

7%

8

7%

5

Jan

the Week

31%

Gulf

50% Mar 27

77

6

24

*7%

Apr. 21

20 %

21%

21

21%

20%

21%'

Friday

Apr. 2'A

Apr. 22

1

Guantanamo Sugar

5

38% Jan

20%

Thursday

Wednesday

Apr. 21

Mobile & Ohio RR com.No par

9

8Va Jan

100

28'/a Dec

3

2

105

Apr
44% Apr

28 % Jan

Sales for

HIGH SALE PRICES

AND

Tuesday

Apr. 20

Par

103
May 7
106% May 20

Mar 26

97Va Jan
98 Vi Jan

6

73

28

Nov

27

30% Apr

58% Jan 25

20

7 Va Jan

38% Dec 23

EXCHANGE

;

Highest

20% Apr

31% July 15
13'A Mar 21

25

7

Lowest

Highest

Lowest

Monday

STOCK

YORK

NEW

Range Since Jan. 1

Year 1952

23 % Apr

LOW

STOCKS

Previous

Range for

Monday, April 27, 1953

'

dividend

dividend

preferredpreferred

100
100

$4.44 dividend

preferred-

100

*98

99%

*101

101%

*101

101 %

'101

*100

101

*100

100 %

100

<-34

100

*97 %

99 %

*34

*98

99%

<-100

25
5

*97%

99 Vi

101%
101

*98

$4.20
$4.40

'

<•

8

99%

*101

100

101 Va

*99

101%

3,100

100%

•

30
10

H
'

30 Va Mar 26
44

Feb

Dec

55

19

11% May 29
May 26

81

Feb

17% Sep

9

15'/a May 26

xl4

19

102'/a Jan

23

21% Oct

5% Oct

16% Jan

5

July 29

23

6'A Jan

29

Feb

7

Apr

7

28

Feb

18

Feb

7

7

Nov

3

31% Jan
91

May 20

8% Mar 12

Apr

21

Mar

29% Jan'
86

Jan

9

2

13

34% Jan

22

97

9

20

21

Jan

26% Feb

24% Dec

2

24 Ve Jan

2

34 V2 Apr

26

13

18% Feb

16

20% Apr

Oct

661/2 Oct

31

x78%Mar

74% Jan

22

24

126% Jan*

7

41% Jan

2

44% Feb

3

53% Oct

15

26% Jan

24% Jan

217/8 Oct

22

14 Va Oct

31

5

x52

7

24% Jan

5

7

18% Feb
73% Jan

2

70

Apr

91

Feb

14% Jan
18

21

May 12

9% Dec

2

27

-

Mar 27

Mar

7

21

19

24

17% Mar 23

17

28% Jan"

14%
49

19

64% Jan

Hooker

Apr 21

2

14

13% Jan

2

17

33 Vb Jan

2

36% Jan

30

8

Aug

——No par
$4.20 div 2nd pfd ser B___No par
Houdaille-Hershey common:3

46% Jan

2

57% Feb

24

1jl6% Mar 19
Mar 25

3

96

May 16

11

102

Mar 25

Apr 15
95% Mar 30

99% Jan

103% Dec 23

102% Mar 31

103%!.Tan

$2.25 cony preferred--—.—50
Household Finance common—No par
1

5

23

13

26
85

86

24% Feb

11

Dec

64

Apr 14
July 28

16% Nov 28

19 %

18% Nov

25 % Aug

9% Apr

28

12

52% Apr

17

12% Feb

4-

Apr 29
8

Apr

17

x35% Apr

7

45% Feb

23

x47% Jan

8

7

4% jan

4

5

4%

53

6% Sep 18
33% May
1

8% Jan

2

Oct

23

81

Feb

20

5

20

24

Jan

24
22

50

Jan

5

25

52

Jan.

7

3

Sep

1'

-lan

17

29% Feb

15% Jun
186

16

Apr

22

29% Oct

22

160'A Jan

2

16% Mar

18

Nov

14% Apr
21% Feb

Apr 23

4

23% Dec

16% Jan
226

17

41% Jan

Dec

24
9

'

Apr
927/a Jan

33

Jan

Co

Power

2

15

23

Terminal

RR

10%

10%

10%
39 Va

39%

Electrica De Mex, S A

preferred
Steel

100

Ctfs

Feb

100

May

9

62% Feb

19

53% Oct

30

71% Jan

7

20% Oct

22

25% Jan

21

Oct

16

31% Oct

30

.90% Apr
38% Feb

82

78% Jun

9

500

20

9%
37%

9%
38

200'

18,300
1,300

5%

*5%

45 %

45%

45%

45%

3,700

91%

91%

91%

2,000

151%

152%

152%

40

*5%

■

153%

151%

5%

8.400

23%

24%

24%

24%

5,500

*14 Ve

*14 Ve

14%

14%

14%

23%

23%

23%

23 3A

23%

92

90%

90%

90

90

4

37/e

3 Ve

30

30%

156%

3%

37/B

156%

17%

17%

17 Ve

232 %

17%
234

232%

230%

30 Ve156

22%

23

4,400

91%

*90%

92

140

17
227

30 %

155

156

23%

156 %

29%
154

*14

4

4

4

17%
232

30

30%

14%

23
*90

23%

*90%

*14

14%

5

100

4

17%

14%

4%

100'

10.800

17

17%

229

230

229%

2/200
24,600

30'/a

29%

29%

154%

154%

154%

4.700

640

24%

23%

24

23%

23%

8,000

33%

32

33

31%

32%

6,300

_100

*85%

89

*85%

40 V2

preferred—

{

com

—

—_

i—i

Paper

TOO

Limited

15

7.50

common

$4 preferred

No par

Int'l Kys of Cent Amer com_>_No par
;

preferred—

100

International Salt

7%

$1.40

cum

&

Power

25

129 %

129%

130

2

2

89

2 Va

1.000

39%

22,800

129%

130

2 Va

38%

39%

129%

470

11%

11%

11%

11%

11%

11%

11%

11%

11 %

11%

3,800

49

50%

49%

50

49%

49%

48 Va

49%

48 %

49%

13,400

101%

*97'A

100

*98 %

8%

8%

Power

&

8%

*97'A

8%

8%

100

98

98

8 Va

8%

98

8%

*8

98

300

8%

1,200

58%

700

50

*32 Va

5

2,100

50

900

33

33

*33

33

33 %

200

17%

17%

17

17%'

17

17%

36,600

28 3

28%

28

28

27%

27%

1,000

%

a

31

30 %

31

30%

30%

30.%

30%

29%

30%

28

97a

28

28

27%

27%

27%

28

27%

28

10

9Ve

10

9%

9%

36%

37

*35%

36%

36

37

2,800

30 %

30%

29%

30%

29%

29%

4.000

25

25%

25

25

24%

24%

1,300

25%,

25

25%

2,100

10

9%

;

36»%

36%

37%

30%

30 %

30%

25

25

25

50c

26

26

25

25%

25

25 Va

25

*130

*130

131%

*130

131%

130

89

Feb

26

39 % Apr

1

-100

Jersey Cent Pwr & Lt 4%
Jewel Tea Co Ino new comr

1

*33

17%

28%

25

23

33%

17'%

36

par

50

*28%

30%

17

131%

4%

4%

*22%-

22%

21

21

%

;

4%

4%

22 Va

22 %

*21

9%

130

-127

87

*85

34 3k'

34 Va
us

86

343>4

332

130

4%

4%
22%

22

22

22

22

21

20%

21

20%

20%

87

*85 %

86%

86'A

87

34

34%

*20%
87

34%

Vb

3*2

.

86

9%

22%

21%

4 %

4%

4%

.

'

rights

34 Va1

us

34%

'

34

'Va

r,ls

•34%
:

I1.;

4%

1,200
1,600

6,900

10

3,500
700

1,200
90

17,900
205,100

__

100

*95%

97

*93

95%

100

par

67%

68

67%

68%

67%

67%

67

67%

67

67%

4.900

12%

56%

56%'

56 %

56%

55%

55%

55

55

54%

55

1,800

21%

22%

22%

22%

21

22%

21%

22

21 Va

21%

84

84%

84%

84%

84%

84%

84%

84%

84'A

84%

520

36%

36 %

36%

36%

36%

36%

35%

36

35%

35%

3,600

preferred

J

Johnson

2

83% Feb

24% Jan ' 5
85% Mar 30

Jones & Laughlin Steel com

25

18

35% Apr

24

39% Mar 17

Joy Manufacturing Co

preferred

39

50

10

Co.No par

Apr

5%

100

39

50

1

Elec

Light Co.—J.

Corp

50

39 Va

49%'

17%

28

Apr

&

*47

39

50%

28 %

*30

.'No par

*48

39%

17 Va

25
3:50

*32%

50%

*49%

57%

28 %.

No par

Co

1

Manville

33

57

39

38 7 a

50

57 Va

*48

50 %

38%

58

57

•

*48 %

Jacobs

Johnson

57

..25

9

JJohns

56%'

49 Ve

preferred—

3%%

56%
50 Va

Island Creek Coal common,

Common

56

39

Teleg.No par

Intertype Corp

•

129%

*129%

49%

Corp/

pfd
Stores

Dept

Interstate

9

38%

38%

cony

Interstate

16

129%

2 Va
40 Va

50 V2

—

14

4

*85%

89

2 Va

38 7e

25

common

preferred

Jan

$6

*85 Va

•■»

2%
40 Va

No par

19

,

129 'A

89

*2 Ve
40 Ve

2%'
41

No par

Shoe

;

*85%

89

*2 Va

'

5%

Silver

2

9%
38

24 Va

International

Mar 18

50

24%

—1

60

50%

53%

*49%

33%

International

74% Jan

*48%
*50

50

24

d

9

50%

53%

24%

25% Mar

23

500

24%

3

Apr

100

3,400

44%

*44%

33%

Preferred

7

Jan

45

38%

33'A

Jan

32

9,600

38

38%

24%

24% Mdr 19

101

4.800

73%
108%

24%

19

Apr 22

45%

*107

24%

26

5% Mar

100

91

46%
92%

*151

151

151

5%

46

92%

71%

11,300

25

4%

7

11

152 %

38

45

74%

4%
22%

23%

100

7

series A—.

0

—

10

100
-1

*95%

97

1

94

94

Ve

'

*93

•.
.

95%

,

20,400

K

24% Nov

17

38%'Jan

3

16

49% Feb

13

19% Dec

10

Dec

18

33%

Jan

Feb

*151

v

44%
110

9%

107/B
39

*5%

92%

48 %

4Ve
*22

40%

—No par

Apr

42% Dec
x8

*17%

4%

40%

16

67
Apr
50% Feb

18

22%

41

86

21

100

40%

Feb

94

4,200

International Mining Corp.—'
—1
Int'l Nickel of Canada corn..No par

8

30% Mar 18

■h APr 13
15

4%

41%

34

96

9

24 V«'-

Iowa-Illinois Gas &

3

19,800

33%

Iowa

Jun

300

15'A

4%

5

26% Mar 16
30% Jan
6

90

16%

14%

4%

41

No par

Chemical

&

31% Mar 16

2

*16%

15%

41%

18% Jan
81% Jan

16 %

1

41 Ve

Hydro-Electric Sys class A__25

Minerals

39% Feb

4% Feb

6,800

41%

preferred——.

24% Jan

22

65%

1

common

International Packers

130

10%

46%

92 %

17%

29% Jan 19
28 % Jan
6

15

*44'/e

38%

1

5%

46

92 %

232%

Harvester

*5%

46%

91%

——./No par

30

5% Jan 19
26% AUg. 15

60

64%

20

Rubber

31

127% Jan

5%

46

Machines——No par

29

2

"lO
7,000

41 Ve

Inc

Iron—

Business

Feb

3% Oct-20
19% Jan

96

102

No par

Co—,

25% Jan

13

No par

common

28% Dec

141% Jan

*5%

1

Rayon——

8

126% Oct 22

44%

*48%

10%

39%

17

21

50%

39%

22

Apr

*48%

5

Co

33% Jan

25

38 Ve

50

24

5

38%
*

7%

'

2

38%
44%

i

-

*51

Int'l

2

11

73
*107

50%

International Telep

2

44%

70%

53%

International Utilities

23

44%
108%

75

50%

6

Feb

*

44%
108%

*51

2

9% Apr

7"'

44%

*49%

International

Jan>

4'4%

53 %

12% Mar 18

40% Feb

44%

50%

Jan

39% Feb

100

2,100

85

25%

4%

*51

30

12

17 %

*22

*49%

20% Jan

7

common.

4%
23

50%

56% Mar 23
Jan

44%

4%
*22%

50%

Intercontinental

132% Mar 1J

102

20

—

4%
22 Ve

53%

35

26% Nov

*

18

18

18

4%'
22 Ve

*48 %

6

16

18

4%
22 Ve

*49%

9

22% Apr

18

17%

*50

24

25 Ve May

34

46%

60

570

1,600

25%

9

50
50

Apr

27

4%

15

66%

15 Va

-

4%

96

*101%

93

110%

700

26%

16%

17

50

16% Apr
27% Apr
29% Apr

36

98

65

16

46%
*84

102

'25%

preferred
preferred—

54

32% July 2
10% Sep 30

*101%

*33 %

86

*96
t

preferred—

cum

55

2

47 Va

68

4%

44%

16

8% Jan

33%

*92

16%

'

44%

16

25% Oct

4%

467/a

49% Feb

4

33%

26%

15%

44 %

50
Apr
38% Jan

Sep

26

66%

39 %

40

35

14%

47

102%

*16%

38%

May 29

30 y2 May 19
26
Nov 13

*101%
•

4%

39 Va

36% May 16

33

15

*84%

98

*96

98

*96

39

10% Mar 17

3

15

86

f

common—No par

60% Mar 27

4

98

110%

48

*84%

58 3A

93

110

34

*47%

86

77 Ve

20

July 24

*33%

48

84 %

109%

20

36 %

*

76%

Apr
7% Feb

30% Sep

34%

47%

*33%

48%

59

110

15Ve

*108%

50% Jan

20% Dec

15 Ve

76%

9

8

15%

110%

9

18

15%-

15%'

•C-

109%

75%

12 % Oct

20

2,500

108%

16%

*92

93

*92

16 Va

58%

59%

59%

59%

92%
109 V2

*108 %

68

Feb

59Va<

59%
92

*108%

100

57

15

2,300

pfd ser A—100

45

33% Dec

58%93%

No par

Co

Co

43% May 28

24% Jan

48%

50

Int'l

5

98

14

48%

50 %

preferred—

Interlake

* 2

Jan»

RR
conv

Insuranshares

7

2% Jan

17

Jan

50

51%

4%

.Interchemical Corp common
4%%
preferred—.

5

166% Jan

47% Jan

48% Apr

Aug 15
61% Feb
2

48%

39%

51

cum

90

55% Dec 26

22

7,600

51

39%

51%-

*22%

Inspiration Cons Copper—

4% Mar 20

16

10 % Jan

Oct

200

39%

39 Ve

-1

Central

Inland

15

23

3

47

26%

39

51

—6.66%

Inc_—

noncum

6%

14

23

4

Oct

26%

39

16%

8,100

Industria

15% Mar 13
24

Apr

14% Jan

21

26%

38%

14%

Ingersoll-Rand

161% Jan 12

2
Apr
38% Apr

137% Aug

5% Jan

*26%

'

16%

14%

86

Apr 16

26%
39 Ve

14%

Int'l

4

105

*26%

14%

Int

27
1

*16Ve

14%

26% Mar 24

9% Oct

3

16 %'

27

14%

39% Jan

130% Jan

42% May
97% Jan

3,300

14%

Industrial

7
28

19% Mar 11

Feb

Apr

7

14%

Illinois

254% Mar 17

23

129

6%

6%

14 Va

31% Apr 24

48 Ve Jan 21

1

Jan

2

23

May 15
3% May 6

19

6%

Indianapolis Power & Light—No par

6% Mar 16

56% Jan
101

11

Apr

94

2

Feb

29 % Apr

14

25

9

154

1

31% Apr

13

22

3% Mar 11

36% Jan 23
172

6

90

24

246% Dec 29

88y2 Jan

40% May

,

25

4% Nov 28

6%

4.08%

5

9

6Ve

14%

13

Apr

6Ve

8,900

cum

24

9

6%

1,100

10

cum

40% Apr
23% Apr

3

3,700

45%

4.42%

7

July 14

16

*9Ve

4.26%
4.70%

Apr

14% Dec

15%

45%

2

24

96

16

45%

54% Mar 11

23

23 % Jan

16

45%

50% Apr

Apr

1

1,400

16%

47 Ve

6

4% Jan

4

11

16Vs

10%

8

91

18% May

88% May 19

25

11

16%

46 %

Apr

45% Apr

29

25

11

16%

*«F

Apr

8% Jan 30

29 % Jan

25

10%

10%"

52

64'A Aug
5
96% Dec 29

1

25

10%

47%

Illinois

41% Mar 24

11% Apr

21% May
11% Jan

25%

10%

*9%

6%

19

25%

11 Ve

47 %

Illinois

40% Mar 16

51% Jan

24%

38 Va

86

50

150

11,200

16%

34%

5,800

71%
18

*26%

47 %

600

15

84

16%

*33%

26

14%
*70%
17%

40

108%

*25%

15 Ve

71%

15

*70%

10 V*

28

27

22

25%

40

83

68%

Idaho Powiir Co———

48% Mar 25

21

41% Oct

.1,100

47%'

30

151

52%

*9%

88 % Jan

7% Jan

164% Nov 25

*51%

47%

113% Jan

37% Jan

28

1,200

52%

18

26%

*96

42%

84

*16%

15Ve

121%

42%

17%

*26%

58%

3,500

121%

42%

84

68%

preferred—:.

Hussman Refrigerator

5

4

155 V2 Jan

67/e

800

'

41% Dec 17

4% Oct 30
52

16 Ve

19
67

18%

68%

Corp

noncum

24

6

10%

19

66%

100

5%

2

22

May 21

55% Oct

24%

60

19

68

Hudson Bay Min & Sm Ltd.-No par
Hudson Motor Car—
—.12.50

14% Mar 11

71 % Apr

% Apr
51% Feb

25%

40

85%

17

50

52% Aug 21

25

37%

700

1,300

18 Ve

r'

16

108 % Apr
38
Apr

17

*84

19

67

COrp

50 V2 Apr

85

18%

15%

Foods

44

84

18

*16%

Hunt

10

84

17%

93

25%

25%

71%

84

1,200

123 %

15%

15

*70%

28%
85

33%

42%

■

26

26

15%?
71%

4%

Hupp

42% Dec

26

15

71%'

16%

a

V* Jan

*25%

15

•15%

5% Mar 19

42

25%

72%

3,100
3,800

19

52%

4%.

4

19

52%

16%

9

Dec

53

1.800

7%

52%

42%

*52%

12%
19 Va

*120%

123

42%

*37 Va

35

67

r

68%

68%

*121%

14%

25

(Del)—

19%

25 Va

37%

37 Va

37%

19%
.

,

43

Hudson & Manhattan common—100

Mar 11

*37 Ve

.

*84

25 Va

25%

25%

123

15%'

4% Feb

88% Dec 23

*92%

.—1
1

Stores

16% Mar

46% Dec 31

93

25%

26%

Howard

19

109

*92%

26%

Howe Sound Co—————

16

22% Feb

93

,

26%

7

Dec

24% Nov 28

*92%

25%

25%

6

4% Dec

21

93

*25%

102%

21% Jati

Jan

*92

*101%

Oil & Texas

17

33%

102%

Houston

59% Feb

34

102%

il—

5

'8

85

*33 Va

100

preferred—

17% Jan
J

*84

34

71 %

Light & Power.No par

Jan

85

—'t——100
100

preferred
preferred.-—

3%%

4.40%
Houston

71

5

24

9
Apr 23
45% Apr 23
14 Vb Apr 23

66% July 31
17'A Dec
3

Jan

Apr

14% Apr

3

29

*42%

*92%

28 3A

29

29

29

*33%

*121%

108%

19%

19%

19%

*84

53%

25%

7

85

*84%

26% Apr 21

24

16% Jan

6
5% Aug 11

93% Feb

—

12%

42%

123
i

*52%

Electrochemical Co com—_5

$4.25 preferred

4

Dec

36

42'A

6%

.Tan

Jan

95

68

*121%
"

—5

92

Feb

25 Ve

16 VB

41% Mar 10

102

91%

25 Ve

————5

55% Mar 2b

94

54'A Jan

91

,

*34%

7 Vb

7

33%

33%

11

6

103

1

29

*84

33%

11

6

18

35% Jan

May

29

85

1

Feb

Nov

8

29

33%

68%

Feb

88

16

29

68%

s-7

7

Nov~19

32% Mar 21

Jan

19%

68%

48

Apr
7
69% Feb
2
66'A Dec 19

3% May 15

19%

*84

100

conv'

800

13

19%

7%

19%

13

37%

10
preferred
30
Homestake Mining ————12.50
Honolulu Oil Corp
No par
5p'o

6%

35

19%

7Ve

19%

20

Holly Sugar Corp common

2

6%

12%

TVs

20

& Sons——

10

1,200

63/a

*34%

7 Ve

37%

(A)

1,800

23%

13

7Vs

20

Co

27%
142

23%

23%

35

*34%

13 Ve

37%

Furnace

142

~40
1,600 '

"

35

7 Va

*19%

(Charles E)_:

6 VA

27%

27%
147

23 Va

6%

13 Ve

*37 Ve

preferred

*142

23%

*6%

105%

27%

28%

*34%

Motors—————No par

Hershey Chocolate common__No par
4%% preferred series A—
50
Hewitt-Robins
Inc.-——5

*104%

147

23 %

13

13

L-—100
(G W) common..^'
10
non-cum preferred—
25

37

39

102% May

7% Jan

28

*142

35

*34%

preferred

6

6% Feb

15% Apr

28
147

6%

M'aix

of

i-idiiander

26 % Apt

4

28
*142

28%
147 '

14%

105%

*104%

105 %

*6'A

Holland

1

13

28 %

*104%

6%

9

29% Mar 21

105%

6%

&

22

Apr

Apr

15

15

*142

100

23

16

24

18

18% Apr 19
58% Oct 30

15

coni__No par

Refrac

Fires Co

41% Jan

3

105%

12% Mar 11

Apr

108 % Apr

16% Jun

*104%

27% Mait27

2

18

Co $4.25 pfd*—No par

*104%

19

23

30

14%

5

44% Oct

~24

69

14%

6

20% Apr

12% Oct

13%

*67%

15

16

4

2

*13

69

9% Jan

Mar

22% Nov

30

50y2 Sep 30

13%

*67

15

15 % Jan

16%

29

94 y2 Jan

*12%

67%

15

22% Jan

83

Oct

Sep

13%

67%

5

14

x26y2 Jan
33% Jan

16

*12%

15 VA

21

26

74

22% Apr
11% Jan

7

13%

69%

11% Mar 31

Jan

107% Jan

17

19% Oct

*12%
*67%

Co

Heyden Chemical Corp common—1
3%% preferred series A_:
190
$4% cum 2nd pfd (conv)—No par
Hilton Hotels Corp
5
jtimue & Dauch Paper Co
10

14% Apr 17
71% Mar
6

24
26

29

13%

Paper

A)

Corp

5%

14

20

'

82% Dec

53% Apr

Jan

2,500

*34

34%

69%

Hercules Powder common—.No par

9

42% Feb

7,200

16%

23%

7Ve

6

126 y2 Dec

66% Apr
12 % Apr

24

21

37% May 21
51% Jan
9

53%

16%

23%

Hercules

10

120 y2 Feb

52%

16%

23%

3.65%

38 % Mar 13

29

38% Sep
3
21% Mar 31

36% Feb

17

54%

16%

23%

Hexme

5

30

21% Apr

100

53 %

17

I—-10

Hat

8

Jan

34%

55 %

16%

America common
1
4 % %
preferred——
—50
Hayes Industires Inc„*„-1
Hayes Mfg Corp——...i_.
L2
Hazel-Atlas Glass Co
5
Hecht Co common——————————
15
3%% preferred—^—
100
Heinz (H J) Co common—
25

6% Mar 17

2

34%

54 Ve

16Va

*12%

Schaffner

Hart

25% Mar 17

82

2

May

100

4

20

*34 V»

16%

*67%

preferred

6%

34%
55%

16%

16%

34 %

55

100
2.50

preferred

(M

34%
55

54%

Watch

Harbison-Walk

2

23
24

30

34

29% May 12

Hanna

Well Cementing

Printing Co_
5
Co com—"-No par

F)

conv

Hammermill

2

19% Apr

.

4%

14% Mar 20

90

1

Feb
Feb

36

32% Jan

16
18

31
145

(W

Hamilton

10

7

34 % Mar 10

Jan

23

105% Feb

6
13

11% Jan

1

1
7% Jan 26

Jan

5% Jan

4

Mar

93% Mar

24

27% Apr

July

Sep

30

140

12 y2

19% Jun

23

Jan

5

35%

80

Jan

2i

26

23

28 V2 May

14
71

Jan

142

30

Oct

6

34Ve Aug

2 °

9% May 20
6% Apr 15

33

2

22

104 % Jan

18

Jun

107

23

26% Oct

139'/a Oct

Hall

18 V8 Mar 13

Jan

12% Apr
67% Apr
14% Apr

19

Nov

16

17% Jan
3
18% July 16

68

Water

26

For footnotes

oh ye




28

25 %

Apr

6

30% Mat" 12

44

Jan

2

49

4% Apr 24

Feb

5

8% Jan

2

Kaiser

5%

AlUm
cum

&

Chem

preferred

Corp

(conv):
Kalamazoo Stove & Furnace

1
50
.10

26%

27%

27 Va

27%

27%'

27%

26 %

26 Va

26%

26%

3,600

47

47

47

47

46%

46%"

46%

46%

46 Va

46%

2,400

4%

4%

*45,8

4%

4%

4%

300

*4%

47k

*4%

4%

Commercial and Financial The
Chronicle

Number 5215...

Volume 177

(1807)

NEW YORK STOCK RECORD

..

Range Since Jan. 1

Year 1952

Lowest

Highest

Lowest

5

30 % Dec

10

28 % Apr

24

81% Jan

2

96

Dec

3

90

Apr

14

95 Vz Jan

Jan

15

102 % May 21

99

Feb

19

103 y4 Apr

23
24

105

106

May

1

31 Vz Mar 13

9

Jan

6

92 Va Jan

30

4.50%

5

91 % Dec

31

82
42

Apr

7

43 Vz Apr

1

"When

66

Feb

6

72

Dec

24

72

Jan

6

74% Feb

3

4%
4vo

16% Jan

2

19% Sep
13 y2 Dec

4

13 vs Jan

38

Kansas

19

18% Feb" 9
11% Mar 4

Dec

31

36% Jan

7

68% Oct 22

92 y# Jan

26

64% Apr

24

82

Feb

40% Feb

71

24

60

3

Jan

July

45% Apr

9
7

21 Vz Jan

4iy4 Apr

Jan

12

21% Feb 27

26% Dec

18% Jan

25

Nov

110

Mar

114

5
2

Apr

8

Out

23

1m

91

Apr 28

34

Oct 21

19

24

Apr

7

7

24

Jan

22

Oct 27

80

35%

70

Apr

'/a mo.il

78% Jan
34

i. 1

Apr

8

24

39% Jan

5

50 % Mar 25

54% Sep

31% Jan

25

42 y2 Dec

5
24

8% Mar 13

9% Dec

23

8% Mar 12

7 Vb Jan

19

5 % Jan

5

Jan

21

19% Jan

2

34% Mar

Wednesday
Apr. 22

29%
91

28%

28%

29%

*88

100

104

104

103y2

103y2

103%

103%

84 Vz

82%

82%

82

~10
320

*102

84 Ve

100
103

*98y2

84 Vz

*41 %

43

74V2

741/,

74'/4

43

"41 Vz

2,500

90

99 y2

84 Vz
*41»/4

Shares

28%

*88

91

£9%

*73

pfd "when issued"-

29 y2
91

the Week

Apr. 24

100

84»/2

100

Apr. 23

*98 Vz

104y4

preferred

29%
*89

Sales for

Friday

Thursday

100

84

*98%
1

82%

43

*41

42

*41

*73%

75

*74

800

42

74

75

37%
19%

74

300

*36%

37»/2

*36%

37y2

*36Vz

37Vz

*36%

37%

*36%

8.75

19y4

19%

19y4

19%

19%

19%

19 vb

19 vb

19%

11%
39%

11%

11%

11%

11%

11%

*11%

12

11%

12

41

40%

41%

41

42

40

41%

39%

40 y4

14,800

67%
,
48%
23 y4
41 y4
*104y2
25%

68%
51%
23 y4

65 Vz

68

65

66 vb

64%

65%

38,500

49%

45%

48%

45%

23

23

46%
22%'

34,000

23»/4

42

41%

41%

non-cum

27

Kennecott Copper
Kern County Land Co—

67V4
50%
*23
41 Vz
*105
*24%

No par
2.50

____

Jan

8

3

Keystone Steel & Wire Co—No par

Jan

6

9

Kimberly-Clark Corp com
4% conv.preferred (cum)
King-Seeley Corp..

28

29%
*89

*104

Kansas Power & Light Co

Mar 17

89J/2 Mar 16

41%. Jan

No par

100

1
Kinney (G R) Co common—
1
$5 prior preferred—i:—^
No par
Koppers Co Inc common
10

32 Vz Mar. 10

5

93 Vz Jan

t

97% July 30

*98'%

issued"

noncpm

29'/2
91

100

111% Feb

23

108

29V2
*89

Tuesday
Apr. 21.

.

com__Nopar

Southern

24% Feb

21

1

Apr 30

Mar 17

44 Vz Mar 18

2

3

40

City

49

22% Aug
51% Sep

20

20 Va May

Apr. 20

Kayser (Julius) & Co
5
Kelsey Hayes Wheel conv class B_1

25

9% Feb 28
31
.

Monday
Par

preferred

Feb

21

STOCK

Kansas City Pr & Lt Co com.No par
3.80%
preferred—100.
47c
cum preferred—.
_100

13

62

Apr

LOW AND HIGH SALE PRICES

EXCHANGE

,

100% Mar

103% Mar 12

NEW YORK

,

Highest'

26% Jan
95

Continued—Page T

STOCKS

Range for Previous

5

4Vo

preferred
Kresge (S S) Co-

2

35% Jan

5

50'/2 Apr

6

57 »/4 Feb

5

Kress

37% Apr

24

42 Vz Mar

6

9% Jan

7

Laclede Gas

5% Feb

4

No par

No par

41%
109y2
25%
*28
28%
89
89
35
35%
86
86
34%
35va
*51V4
51%
39%
40

110

25%
29

*87 Vz
35%:
86%
34%
51
39%

10

(S H) & Co

23%
42!/4

*28

100

Kroger Co (The)

68
51%

90
357/8
86%
35y4
51%
40

49y8
*23

41%
*104

109

108

22%
*41 vb

108

3,100

2,300'

500

41%

1,800

-110

*105

100

25%

25

25

*24%

25%

300

27'Va

27%

28%

28%

28%

29 Vz

700

89

89

*87%

34y4

*25

89%

89%

35

34%

34%

34

*86
34%

86%

86 y4

86 y4

*86

87

3a

35

35%

51%
39 Vz

51%

51%

.34%
51%

35%

51%
39%

51%

1,100

39

39

37%

38 V4

2,500

88%

30
-

34 Vz

7,300
200

3,700

L
5 % Dec

8

18% Oct

«

6

24

7

16'/a Dec

12

50

12

11% Mar
Jan

Jan

8%, May

1
1

•

56

23

24 Vz Mar 17

30

54% Apr

17

64

Jan

9

Lee Rubber & Tire—

8

25% Jan

12

29% Feb

3

Lees

91% Jan

26

95

8y8 Apr

22

30% Nov 26

28% Jan

2

24

22% Jan

20

1% Jan

7

14% Jan

6

21% Dec

16

1 % Dec

26

2Va Jan

4

16% Apr
1 % Apr

5

17% Jan

29

10 Va Apr

24
20

5% Feb

23

3% Apr

Nov

3% Dec 29
70% Feb 21
13% Dec

18

21

17

25

61 y« Jun

20% Feb

May

43

Jan

13

38

2

49

10

7

23

Jan

29

Dec

15

30

160

37

7

42% Feb

4

7

10% Apr

13

35

Feb

17

74

Jan

5

Apr

17

38% Mar 17
Jan

2

72% Jan

22 y8

*54%

55%

*54y2

55%

27%

27%

27, vb

27%

*93%

95vz

2nd

pfd

^Llfe Savers

6

iy4

Jan"

3%

70 vb

68%

70

17

17 vb

17

17

21%

38 Vz

5

7734

100
Nopar

*37

37%

"37

com—25

—

37%

37

77%

77%

77%
161

neo

161

>160

Co——_—

64%

63

63 vb

43

43%

43

43

1,500

2.50

(The)

63

26va

26%

26%

26%

26%

26%

25%

26%

25%

26%

6,300

35

35%

35

35 vb

35

35 vb

34%

35%

34%

34%

6,200

20

20

19%

20%

19%

19%

19%

19%

71

*68 vb

70

69

69

Nopar

»68y4

32 y4

32%

32%

32%

31%

Lone

Star

Gas

10

25%

25%

25%

25%

25%

Long Bell Lumber (M'd) A—No par
Long Island Lighting Co com.No par
5.25% pfd series A
——100
5% series B preferred100

3134

31%.

31%

31%

31

18% Mar 25
Jan

14

102% Apr

21

106 y4 Jan

9

24% Jan

5

18

28% Mar 23
Vz Apr

ft Apr 15
150

Lorillard

(P)

21%

20%

21 vb

20 vb

20%

20%

22

25,600

13

13%

13 Vb

13%

12%

13 vb

12%

12%

12%

13%

20,800

32%

31%

32

31%

31%

5,400

25%

25%

25%

25 y8

25%

8,400

31 vb

30

30%

30%

30%

Co.:

Co common

rights

10

—

...

23

17

41 y4 Jan

2

7% preferred———
100
Louisville Gas & El,Co (Ky) -Nopar

,58% Apr

20

67% Jan

2

Louisville

30% Apr

8

95

7

•

6

Du.dV 13

33% Apr

4%%

23

15% Jan 25

10% Apr

23

12

Mar 31

Jan

45

&

Lowenstein

Lukens

91

38% Apr

Jan

16
26

45% Jan. 22

30

50

100

21 vb

21

33% Aug
99% July

8

37% Oct 16

71

21 %

67% Dec 30

24% Feb 20

3,500

*68 vb

21

Apr

41% Dec

19%
71

r———Nopar

Common

21

158 y2 Mar 12

19%
*68%

700

—1

36% Feb

May 24

160

66

26

110

5,600

43%

29

24

200

76%

43 vb

10

16% Apr

37

161

*64%

Cement Corp

104,% Mar 10

II,200

65%

Star

2

1,700
6,300

9 vb

43 Vz

Lone

24

21 Vb

38'/a

65%

34 v* Mar 19

Dec

75%
160

2;000

43J/4

5

15

*36%

77%
161

400

4,500

16%

44

29 y4 Jan
25 y8 Apr

Apr

9%

3%

68%

66 Vz

Loew's Inc

35y2 Mar 26

,

*43%

14% Mar 25

9

3,000

4,700

*643/4

,

28

23

'

36%

76%
160%

10%

35,500-

5

—

11% Jan

15~8%

20

77%
161

10 %

16%
21%
37%;

9%

36%

37

77%
*160

9%

ii,700

68

21%

38

9%

9,500

1%

*3%

'

3a Vz

4

Feb

3%

21 y4

Lockheed Aircraft Corp.

25l/4Dec

3

91% Jan

3vz

70

17 y4

16%

1%
»"

10%

10 vb

;

26% Mar 19

106% Nov 21

9

52 y4 Feb

"3 vb

3%

23

107

5

Jan

33

3%

3%

20 % Apr

17% Dec

2

July 14

143

*10%

43% Feb "7

5

2

20% Aug

10 vb

31% Nov 28

30

101

10 vb

9 vb

Liquid Carbonic Corp com—Nopar
3%% convertible preferred—100

Jan

10 y8

38 y4

Lion

14 y« Jan

10 Vb

21 vb

4

102

10%

i-q%.

8%
29%

16%

1%

9%

3

Nov"

1%

38%

13

X27%

l'/4

21%

Feb

23 % Jan

1%

400

I,800

95

8%

9V4

21% Feb

18 y4 Jan

1%

1,500
*

29%
'

21%

38% Mar

11% Oct 28

1%

8%

■38%

7

18% Apr 15

17

9%

Corp—

Link Belt Co

Oil

30

16%
-iy4

21 y4 *

6

74

8%
29%

17

38 y4

19

Apr

8%

30 Vz

16%

914

34 % Apr

68% Jan 12

8y8
30 Vb

37%

27% Mar 27

-

9%
17 y4

*92

2iy4

9

2

95

*92

7

19% Feb

14
24% July 1

27

,

Nopar
10

21% Dec 26
Jan

54 vz

26%

31%

17

xl2% Apr 30
33% Nov 14

46% Mar 17

20%

54%

27

17

69 Vb

47% Mar 16

75% Apr

*20

55

26%

30%

17 Ve

13

22

21%

55

9%

69

Apr

1

21

16%

33/3

Apr 23

Nov 26

15%
51 vz

31 Vz

17

43

66

95

15%
*50%

g.%

9

300

1,500

15%
51%

16%

68J/4

63

16% Oct

*93

6,800
I,100

5%'

15%

3i3/a

1

Lily Tulip Cup Corp—

21%

95

5

.'

preferred—

'.Lionel Corp

*93

i.Nopar

Liggett & Myers Tobacco

7%

22

22

9

20%

*50%

52

54%

J1

Dec

15%

*50%

27'/4

48% Jun 25

74

15%

52

27 y4

15

1

*5%
*20%

541/2

Lerner Stores Corp—

,

5%
20 y4

22 V4

noncum

8%

5%
20 vb

15%

*50%

22%

8%

5%
20%

5

Libbey-Owens-Ford Glass Co
'/Libby McNeill & Libby—

80y4 Mar 11
167

15%

15%

8%

9

*5%
*20 y4

(James) & Sons Co common^_3

50c

22% Mar 17

Apr

20%

52

8%

9

5%
20%

.5%'

-

__1

Lehman Corp .(The)——
Lehn & Fink Products

18% Mar 27

8% Jan

151/2

.—±

———:

$3 noncum 1st preferred—No par

*

2

Feb

Co

preferred-—--.
100
Lehigh Coal & Navigation Co
10
Lehigh Portland Cement——25
Lefaigh Valley RR
Nopar
Lehigh Valley Coal common
1

22

80 Ve Jan

2

76

4

160 y2 Jan

4!/2 Jan

24

common

preferred

3.85,%

>

Mar 24

10

Bryant

4%Vo

Lane-Wells

23

34

Jan

Jan

9

11% Jan

Apr

173% Apr

7% May 1
35% Oct 28

18

14

42% Dec

X33% Feb 27

Feb

68

81% July 2
16% Mar 28

Nov

*50%

8

23

Apr

19

13

—Nopar
50

15yeJan

Feb

14 :

20%

92% May
1
9% Dec 22

2

21% May

5%

20»/2

2i

Mar 12

8%

5%

—No par

48% Jan

Dec

3%

pfd_75 Pesos Mex

(The)

72 y2 Jan

54% May l
20% Apr 15
88

Lane

Co

26% Dec

2

45

4

La Consolidada 6!/e

Lambert

22%, Mar 16
18 Va Mar 18

25 y» July 16

10

20% Jan

Co_

Na,shville-r

,50

(M) & Sons Inc com—I

preferred series ASteel

Co

1Q0
JO

—

v.

i7»/8

17 Va

17 y4.

17%

106

-106

106

*102%

103

102%

102%

*102

26 vb

267/s

.* y_

25%

"1
,11
'*150

—

'

26%

58%

59%

38%

38%

.

59

.

*104%

106

102%

*102

102%

*102

102%

50

26%

35,200

hi

297,200

.

26%

hi

150

150

38 y8

106

26%

J/2

A

ft
152

38 Ve

17

*105

17 vb

*105

*38 %

f

59 vb

hi

1521*

32.

32%

.32%.

32%

*94

96 Vz

*94

96 Vz

41

*40 vb

41

x39 %

39%

.

32 vb

•

'1

00%
s

38%

150

10

38

2,700

59%

60

3,400
1,600

31%

31%

31%
*94

*147

60

*

3-7%

59

96%

h

25%

38

59

59%

26%

hi
*148

152
*

32,

„

26 vb

38 vb

*94"
40 %

17

'.%

*148
.

17%

1,700
22,500

16%

106

17

,106

*94

96%

*

39%

31%
96 %

.

-

39%'

1,000

10%

10%

1,400

*42%

39%

43%

M
10

Nov

14

40% Aug
4
128% Sep 10
12

Oct

May

135

7

42

Jun

45

3

127

17 ya Jan

31% Jan

,84
Dec 20
>•'
7% Aug 25

'90% Jam

28

7% Oct

10% Jan

26% Oct 30

20

Apr

Dec

10

Jan

8

23

Apr 18

13

13% Jan

24

26

14

87% Mar "27

Jan

5

8% Feb

26

2

9% Jan

12

9

18% Apr

20

32

Apr

9

22 y4 Jan

6

552

23

8»/8 Feb

6% Jan

14

8

:.5

10%

common—10

*42Vz

preferred——
1

___

Mahoning Coal RR Co—.1
Manati Sugar Co—

50
1

;Mandel Bros— -———No par
r Manhattan
Shirt
__5

9

23% Mar 16

Jan

16

2

12 '/a Jan

17

83/4 Jan

9

11

Mar

9

jMaracaibo Oil Exploration

29 y4 Jan

28

20% Apr

21

25

Jan

5

1

Dec

22

12% Jan

9

.Marine

57% Jan

22

55

8% Oct

,

__5

(R H) Co Inc com—Nopar
.14%% preferred series A-—lOO
Madison Square Garden
—No par
Magic Chef ———————No par
Magma Copper ——————10
Magnavox Co (The)
_i

22 y2 Apr 24

„

100

Mack Trucks Inc

28

Mar

Working Co

& Forbes

iMacy

Mar 23

21

7 Ve Jan

7

8

6%

1

23

.Jan

Jan

536

11% Mar 18

Dec 19

6

26J/2 Jan

8

22% Nov 14
536

9
7 y. Dec 24

6

5

Feb

'39

15% Aug 13
485

24

Mar 24

Apr

8

9% Mar 13

16

MacAndrews

8% Jan

30

30

Feb

132

M & M Wood

12
Apr
23% Apr
82% Apr

28

24% Oct 22

.

Mar 20

10% July
52 y» Feb

13

2
25

Nov

Oct

8% Jun 25

7

49 y4 Apr
113

Jun

37% Feb

10

103

10

Apr

:

5

42

Feb

19% Dec
45% Nov

14% Oct 28
89 Vb Dec

55% Mar
38 % Feb
65

25

20%

21%

20%

20%

24
17

71 vz Jan
38 y4 Jan

20

26 Vz Jan

13% Jan

2

14% Jan

22

28

28% Feb
94

.Aug 19
23% Mar 8

Jan

2

25% Feb

9

14.

913/4 Feo

13

26 % Jan

2

26% Dec 24

12y»Oct 22

16

Feb

12% Feb

8

10

94% Apr

21

28% Mar 19
14% Mar 25

10

50% Mar 12

46V2 Mar

9

50 % Mar 30

16

21% Dec

17% Apr
19% Apr

6

19y4Jan

7

24

25% Jan

5

Oct

6

84y2 Jan

35% Jan 22

4

104% Oct

3

28

Nov

22

9

93% Dec
121

12,

82% Apr

2

100.% Apr

Jan

33% Jan 23

7

28

20

24
Apr 22

87 y4 Feb

18%

18%

18%

18%

18%

18%

39%

40

40%

39%

40%

39%

40

*105

105 vb

Corp com——5
.100
5

pfd

20

31

30

Jan

50
common—50c

Publishing
.Nopar
Porcupine Mines..
—5

Melville

Shoe

Corp

1

t.—

Mengel Co (The) common
1
5% convertible 1st preferred—50
Mercantile Stores Co Inc
3%
Merck & Co Inc common
16%c
...

$3.50 preferred 2—
»

$4

conv

...

No par

2nd

Mergenthaler

pfd————Nopar
Linotype Co
Nopar

Merritt-Chapman & Scott
Mesta

89

Apr

24

98% Jan

2

3

108

Jun

102% Apr

23

Metropolitan Edison 3.90%. pfd—100
4.35% preferred
series
100
3.85% preferred
series
100

105

Oct

6

20

Jan

8

109%. Aug
8
26% Dec 18

81% Jan

58% Oct 16
20% Feb 14

-

58% Apr 24
24% Apr 24

28

28% Nov 28*
.

For footnote^




m

et

'**

7/64 Apr

14

4

107% Feb 19

29% Mar

5

3.80%

preferred

4.45%
Miami

preferred
Copper

series
series..
...

66 y2 Jan

2

Mid-Continent: Petroleum

9

Middle

Apr

9

12.50

Machine Co~:_'_——

/ 27% Mar
aa

*50

52

*50

52

*19

19%

18%

26%

*26%

45

*44%

18%

19

26

26

44%
13%
83%

44%

65%

65%

58 Vz

60

26%
*44 vb

13%

South

Rights

....

5

,100
100
5
10

Utilities Inci—Nopar

'

52

*50

18%

19

*18%

27

26%

263/4

45

*44 vb

19

26%

*44'/b

45

3,100

52

19

900

26%

800

45

40

14

13%

13%

13%

14

4,400

84

83%

83%

83

83

330

64%

643/4

800

58%

58 y4

1,200

62%

63

1,200

35

35 vb

2,800

24%

24%

14

13%

13%

83

83%

66

66

65 %

65

59%

59%

59

60

58%

58%

'64

64

63

63

34%

35%

24%

25

13%

13%

13%

,26 %

25%

26

94

94

26%

26%

2,400

13%

13%

1,900

*83

65

65
-

*

*13%

26%

26%

94%

94%

26%

35%

*

*49
17%
20V4

52

13%

•

13%

*13%
26

94 y2

*94

27 vb

'

26%

94%

27%

27

35%

26%

26%

26%
13y8

27 vb

13%

13%

13%

26%
13%
*49

96

*

27%

13%

*49

49%

50

*49

50

177/8

17%

17%

*17%

17%

17%

17%

20%

20 vb

20%

20

20 vb

19%

20

82%

*81

*49

82%
82%
103
103
29
"28V4
2423%

*81%

35%

*35 vb

35 vb

90 y4
90
*102y2 104 Vz

*90 Vz

92

*102%

102%

*28»/4
23%

*

102 Vz

101%

103

82

103

*80
101

*27%

800

200

3,000
"

90

49 3A

17%

17%

700

19%

'•

19%

25,600

*80

102

-

28

82%

100%

100%4

*27%

82%

28

100

3,200
200

28%

28

28

23%

23%

23%

23%

23%

23%

235/a

1,600

34%

35 y8

33 vb

34%

34

34

1,400

90%

90%

90 Vb

90%

89

89

100

104%

102%

102%

*100

104 Vz

102%

*88

20

91

92 Vz

*89

91%

*89

91 y2

*89

91

£2

*89

50

83%

94%

*35 Vb

"18%
*50

52

*94

May 27

13

18 vb

18%

14

101

.

18%

18%

18%

25 vb

2

93 Va Feb

18%

18%

18%

*78'

7S%

*79

79%

18%

*13%

92% Jan

Apr 15
102% Apr 17
22% Apr 22

40

*25

9

92

30

79%

79

14

25% Mar 30

91% Jan 23

89

79

25

39% Jan

3

*87»/2

79

35%

13

95% May 23

89

79

14

Co—

23

97% Jun

89

*13%
26 Vz

Mfg

22% Jan

14

90%

10
Mead Corp common
Nopstr
4%% preferred (1st series)100

Norris

33% Apr

Jan

*89

64 y2

2

91% Feb 2d

90%

25

11

91

*89

35

54y4 Feb

2

87

64

28 y2 Jan

Feb
93% Jan

30

*85%

25

18

105

29%

87

34%

15

25

30%

87

65

Oct

Jan

30

88

64

.McQuay

300

12,700

30 vb

30 vb

34%

Co

1,700
>

*87

30%

*24%

Stores

104%

88

30

1

McLellan

104%

105

*87

30 vb

18

McKesson & Robbins Inc..—

105

5,100
18,200

90%

*89

*50

__No par
3

common.

105

105

21%

88

87
*79

37% Dec
101

40%
105 v*

—No par

preferred
Stores Corp

Mclntyre

l

39J/2
*104va
29%

—Nopar
Nopar

—

19

Jan

111

Corp
Corp

$2.50

Mar 20

Dec

22

18%
40%

preferred

McCord

12

15% Apr

47

$3

McCall

21

86

22

18%

—No par
1947 series_No par

cumulative

$3.40

2

24% Feb

22% July 15

pfd

230

21%

McGraw-Hill

15% Jan 21

3

cum

600

7,000

18%

Maytag Co common—.

27

34% Apr

12% Nov

preferred

*87

400

4%

21%

preferred—

conv

*86

56

18%

73 y4 Mar 12

62 Vz Apr

6,800

*55

56

21 Vz

62

7

12%

12

12%
>

1

.

3%% convertible preferred—.100
McGraw Electric Co
1

3

1,600
5,900

21%

Corp.—
Electric Co

McCrory

28

8%
20%

1,300

8

Jan

46

200

22%.

8%

20%

23,000

Mar 12

26 Vb Jan

83% Apr

Nov 20

33% Nov 17
23% Jan 31

22%

11%

13

Feb

•

8%
21

13%

4

2

20%

11%

15% Feb

24

20%

13%

92

52% Jan

20%

11%

7

6 4 3/4 Apr

1

20%

13%

24

Dec

20%

11%

17

Nov 28

8%

21

13%

10

56

22%

8%

13%

45% Feb

71

23%

8%

*11%

30 V, Feb

5

*22%

8%

14%

17

20

23%

8%

12%

May Dept Stores common

Mar 16

Jan

6%

*22%

11%

13

Apr 21

22%

*6'%

23

14

Feb

83

300

11%

13% Apr

7

2,000

6%

i4 y4

44% Jan

13

17% Mar
98 y4 Apr

30

7%

11%

21 »/4 Mar 25

18

7%

*6%

—Nopar
—No par

25% Apr

4

26% Dec 31

7

28

7%
6%

6%

12

$3.75

15% Mar 12

*7%.

1-4 vb

6

X22% Nov

7%

6%

13 Va

preferred

4.25%

32% Mar 23

52

20

7%

86

Jan

6

6,000

86

95

49 Vz Apr

7,500

18%

87

Mar 31

50

20%

27%
543

8

6%

6Vz

543

86

May
May
Dec

9

18%

18%
555

88

97

51

18%

9

6%
*22%

27%

28

27%
*543

87%

2

18

7%

18%
542

87

90% Jan

45% Jan

,

18%
542

87

4%%

Mathieson'Chemical

21

8

18%

25

Master

85% Jan

7%

28%

29%
555

1,200

24%

$3.75

16

*542

3,700

9

24%

20

23

18%

18%

8%

9

24%

Jan

Apr

29%

29 vb
555

190

8

9%

24%

95

79

rsy4

82%

8

9%

24%

20

18% A^r

28%
*542

9%
28%

25 vb

5

31

82%

8

8

24%

Masonite

2

19% Dec

82% \

*9

24%

20

87

82%

8

v

24y4

29% Feb

4

83%

8

■9y8

4%

87

10

82%

9Va

4%

July 21

Jan

83

8

9 Vb

4Mj

98

14% Jan

82%

8

9 vs

56

34% Aug 11

79

82%

8

12%

2

89

82 Vz

4%

90% Jan

7
2

3,800

12%

29% Jan 25

Apr

12,900

56%

2

41% Jan

12%
23%

*4%

preferred

20% Jan
110% Jan

12%

23%

12%

Va. %

25% Feb * 2

9

12%
23%

56%

4

J

7

12%
23%

4%

Martin-Parry Corp

23

12%
24

12%

14

18% Apr

12

23%

56%

18% Mar 20

20% Apr

12%
24 Va

*4%

——100
Martin (Glenn L) Co
L
—1

2

12

23%

12%

88 V2 Mar

18

12 vb

24

56%

14

33% Jan

12

23%

4%

84% Apr

20% Feb

~io

131

12%

9

17 % May 12

*126%

56%

Jun

Vb Mar

10%
43%
131

*4%

25% Mar 19

2

10%
*42%
*126

12 y4

17

24

10%
43%
131

''•'56%

8

11 % Jan

10%
*42%
*127%

common—5

4

9

13Vb Apr

11

43%
131

(conv).;——50

Midland Corp

Mar
Feb

4% Jan

2

*42%

*127'/4

Market St Ry 6% prior pfd
_100
Marshall Field & Co jcom—No par

13
58

19

3

6.25

9

Dec

30

;

1

9

13% Jun

104% Jan

Marathon Corp

—

16

7

9y2 Apr 15
21% Oct 28
38 % Oct

—

Jan

16

7

22

4% Apr
23% Fete

94

17

85

July 11

4% May
27% July

4lA Jan 31
23

.

*10%

10%

43%
129

129

*89

92—

*89

92

*89

92

*89

91

*101

103

*100

102

*100

102

*89
103
*101
24
23 %
59
58 Vz

24%

25 vb

Ve

9/64

103

*101

237/»

24%,

22%

23%

22%

23%

23

23%

59

59 vb

59

58%

58%

59

58 vb

58%

25

25 Vb

24%
y8

25 y8

24%

25

24%

25

9/64

7/64

Vb

9/64

*

%

7/64

Vb

8,800
9,600

19,0OO
406,000

i

24

The Commercial and Financial Chronicle...

(1808)

NEW YORK STOCK RECORD
Lowest

Highest

39 % Jan

4

13V/4 Jun

20

Oct

46% Dec
139

1

41
Apr
132% Apr

3

6

3u% Jan

22

44

U% Feb 2b

17% Nov

28

21

13

19

53 % Feb
108

Feb

Apr 24

48% Jan

2

42

Apr

6

102% Apr
16% Feb

18

105

Jan

23

24'/a Jan

2

19

91% Jan

11

7

30% Jan

9

28

80

Nov

23% Nov
32% Jan

2

39

Dec

17

37

Mar 12

1

36 % Apr

Minn

Jan

28

23

Jan

5

88

SS

17%

173/8

17%

17 3/.

17'A

17%

1,700

17 y.

17%

17

17

4,600

Marie

13

3,800

No par

13%

1.50

43%

100

82%

83 %

25

24%

24 %

Light C0JN0 par

27% Feb

20

22

18

Jan

13

23% Mar 25

Mission Corp
Mission Development

11

36% Jan

5

41% Mar 17

Mississippi River Fuel Corp

3% Oct

10

8% Feb

15

Jan

16

67% Dec

31

62% Feb

6

21% Apr

21

59 % Dec

23

47 % Apr

24

58% Jan

247/8 Nov 12

31% Jan

7

27% Feb

18

32% Mar 12

7%
preferred series A
100
JMissouri Pac RR 5% conv pfd-100
Mohawk Carpet Mills
20

12% Mar

14% Aug
18% Jan

0

13

Jan

5

15% Mar 25

Mojud

4

16% Jan

2

20% Mar 23

Monarch

Monsanto

37%

50

16% Oct

4

20

82% Oct 30

69% Mar

9

23

Hosiery

1

Co

85% Apr

14

95% Jam

22 % Jan

19

28% Mar 11

Montana-Dakota

26% Apr 16
55% Oct 22

31% Dec

19

27% Apr

24

32 % Mar 26

Montana Power Co

67% Jan

2

59% Mar 10

65% Mar 19

16% Jan

18% Aug

8

16% Apr
7
12% Jan 12

18% Apr

15

15% Apr

16

Moore-McCormack Lines
Morrell (John) & Co

34% Apr
29% Apr

43% Jan

6

12

2

Nov

36

3

Aug

7

22% Jan

14

23

Mar

18

Feb

1

20

22% May
11% Jun

l
5

49% Dec

19

106% Oct

6

18% May 1
42 y4 Mar 13
48

Dec 24

14 % Jan

10

_

44% Oct

14

32

Dec

31

25% Dec

15

25

Dec

29% Jan
13 % Jan

8

25
26

57% Jan
110

4

Nov

28

21% Dec

1

48
Aug 25
52% Feb
4

24

20

Chemical

24% Feb

6

50

Feb

25

23

51

Feb

2

46% Apr
«/»

363/4

37

283/4

36%

16%

37

16%

16%

82%

823*

•82%

83 %

*23 V*

233/4

•23 y4

23%

♦37

16%

37%

37

'

5,900
150
-«

37

400
1,800

29%

28%

283%

20%

20

20%

19%

19%-

18%

19%

8,800

38%

39 y.

37 %

38%:..

37

37 y4

11,300

5

53%

Co

-

28

29

27%

,

28%

6,100

53/8

5%

63 %

65

64

64%

63%

64%

63 y4

64%

63%

64

48%

50%
29%

49%

50%

7,400

47%

49

47%

49%

47%

48

*29%

29%

20,500

29

29 %

29

29

29

29

600

15%

15%

15 %

15

15

15

1,600

*173/4

15%
17%

15%

17%

17%

17 V*

17%

*17%

17%

29%

5%

18

6

5%

6

ey4

6y8

14%

21,100

700

88%

86%

87%

85%

86%

7,400

24%

24%

243*

No par

24%

7,200

28%

29

28%

28%

28%

28%

28

28 Ya

63 %

28%

27%

Montgomery Ward At Co——No par

64 %

63%

64%

623/4

63%

62

62%

61%

63

17%

17%

17%

17%

17%

17%

16%

17%

16%

17%

4,000

14%
36%

14%

14%

14 y8

i4y»

14%

14%

3,100

35%

36%

35

35%

34%

35

7,000

29%

29%
25%

29%

30

29%

29%

25

25

24%

24%

(The)

12
No par

Motorola Inc

Murphy Co
43/4%

14%

10

14%

14%

36

36%

36

29%

3

Corp
Corp

30

30%

30 %

.

3,700
17,700

1,900

5

25

25

1

23%

24%

233/4

24

23%

23%

23

23%

23%

24

1

Mfg Corp
Munslngwear Inc

3

28

24

39 %

Mulling

2

82%

24

25%

26% Mar 13

20 % Jan

82%

24%

87%

24

6

16%

83%

24%

23% Apr

Jan

16%

83%
*24

1.400

25%

Wheel

13% Mar 27

102%

88%

Motor

50

•101%

20%

•15%
17%

Products

110% Mar

102%

*101

39

Mueller Brass Co

5

102%

16%

87%

27% Mar 16

24

*101%

16%

7,700
7,800

25

27% Jan

24

42%

25%

24

Apr

42 y4

87

23

Jan

43%

24%

Apr

44% Apr

42%

86%

24 */2 Apr

12

43%

20%

Utilities Co

2J

105

43%

5

Motor

6

59

109

5

34% Mar 18

6

13
58
109

44%
102%

433/4

58%
108%

393/4

No par

Machine Tool

2

13 y4

58%
108%

20 %

1.25

30

13

59%

111%

39%

No par

Inc

28% Jun

17

29 %

13%

59

111%

5

com

109% Jan

21% Nov

37%

13%

60
112

10

Co

RR

28%

13%

59-ft

•102

16%

20% Jan

Missouri-Kan-Tex

437/a
103

•102

♦13%
•110%

59%
110

16%

38% Dec

Mar 12

13%

58%
110

100

15

b74

10

No par

16

20

1,800

22 y4

22

..jj*

Shares

42%
136%

22 y4

Oct

i,

42

136%

22%

15% Oct

34% Mar 25

42

138

22%

33% Oct

25

41%
•136

22%

preferred

conv

41%

137%

22%

preferred

Minnesota Power &

40% Mar 26

22

1st

$1.50 2nd

41%
*136

22%

Min &

$5.50

26% Jan 22

413%

137%

the Week

Apr. 24

227/a

preferred

conv

41
•136

Friday

Apr. 23

23

Mlg common—No par
$4
preferred __
No par
Minneapolis-Moline Co common
1

2

19% Jan

St

$3.75

41%
137%

•136

Sales fer

Thursday

Apr. 22

22%

Minneapolis-Honeywell Reg

104

22

Apr

Minn

7

47% Jan

8

82% Apr
24

Paul &

2

Jan

115% Mar 31

SALE FR1CE8

Wednesday

10

62

10

Apr

Apr. 21

41%

_luo

197« Jan

23
27

2

9

ND HIGH

Tuesday

Apr. 20

5

common

Minneapolis & St Louis Ry

18

25

Prod

18% Mar IJ

19% Dec

Oct

Steel

8%

24 % Mar 20

62% Dec

16

Midland

7

4

i**ar

116% Dec

101 % Feb

Monday
1

Par

1st preferred
Midwest Oil Corp

3

Mar

39

46% Jan
Feb

139

7

14

15% Oct 23
45% Feb
107

STOCK

26

16% Jan

20

LOW

EXCHANGE

High eat

Sep

YORK

NEW

Range Since Jan. 1

Tear1U5*
Lowest

Continue#—•

STOCKS

Range for Previous

Monday, April 27, 1953

5,200

24%

24%

24%

25%

24%

243/4

24

24%

23%

24

4,600

12%

1,100

5

(G C)

123/4

1

45

100

106

10

21

common

preferred

Murray Corp of America
4% preferred
Myers (F Ej & Bros

com-

50

*25

12%

45%
106

123/4
45

*106

21%

21%

25 3%

•25

123/4

123/4

45

107%

45%
•105

21%

47

*46%

48

No par

•46%
•45%

46%

*45%

21%

46%

*46%
45

12%

45%
107

21%
47

45%

12%
45

12%
45

12%
44%

44%

106%

106%

20%

21%

20%

*46 y«

46%

*46%

44%

*44

45

1,400

47

44 y8

900

105

106

20%

200

3,800
400

N
17% May

1

22% Dec

60% Feb

20

100% Dec

31 % Apr

15

36

11% Oct

15

16% Oct

24

19
Apr 23
29% Apr 23
161% Jan
2

8% Oct 21

49% Nov

21% Apr

25% Feb

6

26

Nash-Kelvinator
Nashville

Chatt

Corp

81y4 Apr

24

Aug

31% Feb

11'

36% Mar 25

National

16% Jan
20% Jan

12% Apr

24

15% Jan

s

22%

223/4

223/4

23

223%

22%

100

82%

83

823/4

823/4

823/4

82%

82

82%

81%

1

81'/4

323/4

323/4

323/4

32%

32%

32%

32 %

1

323/4

33%

13%

13%

1,000

13%

13%

13%

32%
13%

13

13%

13

1

12%

3,700

5

National Airlines

19 %

Apr

21

23% Dec

Jan

2

35% Jan

2

,

9

National

Automotive

National

Aviation

National

Biscuit

179% Jun

18

161% Apr

15

173 % Jan

Jan

2

13% Feb

52% Feb

27

11

St

38

31

28

8

&

Mar 19

7%

5

Louis

Acme Co

25% Mar 20

21 % Mar

6

35% Dec
12% Jan

2

9yJ/4 Jan

Fibres

Inc

26

National

Can

National

Cash

Register
Lines Inc

13% Jan

2

City

13% Jan

7

9% Apr

24

15% Jan 20
11% Jan
5

National

*10% May 15
13% Jan 14

National

15% Jan

2

19% Mar 27

National

Cylinder

13% Dec 22

56% Apr 14
14% Jan 23

17% Jan

62% Feb

National

20%

20%

20%

20%

20%

193/4

20%

19%

19%

22

21%

21%

21%

21%

21%

21%

21%

21%

36%

36%

1,700

36%

36%

36%

37%

36%

36%

•161%

161%

9,800

161%

363/4
1613/4

161%

162%

15% Jan

National

Department

30

34% Jan

18% Apr

24

23% Jan

National

Distillers

16

110% Jan

89-/4 Apr

22

99 % Jan

""% fl «r

03

22% Jan

18

93% Jan

18% Jan
91

Jan

25% May

2

17

23% July
98% Oct

90

Feb

1

33

165

Feb

20

177

Jun

1 hQ

136

Jan

15

147% Apr

24

132

Apr

7% Dec

24

9% Jan

31

7

ADr

7

30% Oct 23

40% Jan

26

32% Apr

7

Jan

30 V4 Jan

9

34% Sep

43

1

53

29% Apr
% Apr

24
23

15

3J7a Mar 20

172

Jan

5

31

2

45

25% Jan 30
27% Oct 22

31% Nov

24

35

Apr

85% Jan

15

91

May 20

87% Apr

9

89

19% Feb

23

27% July 7
109% July 31
5% Sep 18

24% Jan

6

28% Feb

101

Jan

2

3% Oct 23
11

Nov

14

6% Oct 22

10% Feb

1

13% Dec

10

16

Jan

8% Mar

11% Jan
16

Jan

3

24

32% Jan
52 % Jan

5

6

Apr

7

27% Jan

29

30 % Jan

12

26 %

24

31% Jan

5

Apr

7%
6%

Jan

21

115% Feb

27

4 % Jan

2

1

4

11% Feb

2

7% Apr
12% Jan

3

6% Jan

2

7% Mar

5

13% Feb

26

5

16% Apr

8

104 % Jan

7

9% Jan

3

13% Sep

11

35% Dec 23
90% Jan
4

11 % Apr

7

43% Jan

22

33% Apr

20

38

Feb

6

Jan

13

93% Apr

24

14% Mar 30

Jan

30

Jan

2

45% Oct 20
11% Oct 16
66

July 22

31% Dec 30
18% Nov 13
17

98% Mar 20

14% Sep
97

Apr

4
21

56% July
20% Feb

4

75

7

Jan

36% Nov

22% Aug

1

24

105

Jan

x90
89

Mar

27

2

56

Jan

20

r%

Air

23

16% Jan

29

68% Jan

21

Apr

22

8

19% Jan

5

6

20% Apr

49% Dec

15

40

Apr

6

3

106

Jan

14

100% Jan

9

14% Apr

24

350

May

Jan

30

23% Mar 17

9
10

2

108

Oct

17% May 26
73

Dec

94% Feb
673

5

14% Mar 12
66

25% Jan
48% Jan

30

Apr

9

70

Jan

20

92

83

Apr

Mar 24

450

60%

59%

593/4

58%

59%

14%

14%

15

14%

14%

*14%

14%

14%

14%

7,400
1,800

19%

19%

19%

19 3/a

19%

19%

18%

19 '/a

18%

18%

31,600

90 %

90%

89%

90

1,200

20%

20%

21%

8,900

94

93

93

100

'•90

1

21%
94

5

30%

100

1593/4

100

Corp

31%
133

*132

28

28%

27%

28%

27%

27%

•88

883/B

873/4

88

28

28,

28%

Co

Tea

4.20%

Co

com

common

5

conv

preferred
National Theatres Inc

Nehi

100

Bros

Inc

7

21

N

Air

$3.75

6

26'/a Apr

24

28% Feb

2

2

27% Jan

7

29% Jan

30
12

3.40%

6%

6%

6%

11%

11%

113/4

1,000

6%

6%

63A

12%

12%

12%

4,000

12%

12%

12%

12%

12'/8

11%

.1

16%

16%

•105

11%

333/4

par

11%

34

34%

*34

35

*89

91%

*89

913/4

13%

•89

43

44

13%

13%

71%

*70%

71%

1

30%

30%

29 s/8

30%

29%

29%

29%

293/4

29%

30

5

20%

20%

20%

20%

20%

20%

20%

203/8

20%

No par
Louis Co—

20%

20%

21

4,600

21%

21%

20%

21%

203/4

213/4

21%

21%

81,400

40%

6,900

40%

41%

15%

41

42

403/4

1073/4

*107

108

108

1063/4

15%

15'%

*65

♦65

68

83

83%

*400

*83%
•400

450

22%

22%

57%

58%

1

20%

203/4

33%

33%

22%

*83%

100

27

Corp

Norfolk

20

26

16

20% Apr

24

23% Mar 24

17"% Dec
89% Dec

8

16

Apr

23

20% Mar 19

North

19

85 % J*.n

30

47 % Dec

30

39% Apr
65% Apr

24

46% Jan

2

84

5

27

14% Mar 12
87

3

24

110

Nov

7

94

Jan

109

102

Nov

25

17

30

101

15% Jan

7

105% Apr
97
Apr
12% Jan

8

5

11% Apr
11% Sep

9

16% Jan

31

11% Apr

22

8

25% Jan

14% Jan

13

31

20

Apr

23

24% Jan

13

20% Jan

8

25% Apr

9

19

Sep

18% July 18

27% Jan

28

2

2,600

58%

2,000

20%

20%

20%

19%

20%

19%

20%

6,100

33%

32%

33%

33

333%

33

33%

85

*83 y,

Ry com

83'/«

*80 y4

27%

26%

27%

•263/4

27%

•26%

27%

♦263/4

*77%

79%

*77%

80

*82%

83%
91%

*89

.

*90

9%

Central Ry Co

17%

17%

17%

48%

48%

48%

24%

243/4

*24%

213%

21%

21 %

16%

163/s

*85%

39%
69

100

Northern States Pwr Co
Common

81%

9%

48%

Aviation

9%

50

27%

*77

80

•76

79

81%

81

81

*80%

81

200

91%

89

90

89

9%

260
4,300

17%

5,900

9%

9%

89

9%

9%

17%

17

48%

485/8

24%

24%

24%

21%

21%

21%

20%

163/a

16%

16%

16%

16

86%

85%

85%

•84%

86%

*84%

86%

*85%

86%

100

40%

40

40V2

39%

39%

39%

39%

39%

40%

4,100

70

69%

703/4

68%

69%

€53/4

69

65%

67%

40,200

13%

13%

13%

12%

13%

12%

13%

11,800

78%

470

17%

17

.

48

,

48%

7,700

*24%

25 Va

400

21

20%

20%

19,700

16%

16

16%

17,400

(Minn)—
13%

133,fe

80 %

80 y2

Mar 12

$4.80 preferred

100

*1053/4

106%

*1053/4

106%

$4.10 preferred

100

97%

97%

97%

13%

14

14

14

133/4

10

12

12

12

12

11%

25

21%

21%

20%

21

2.50

22%

22%

22%

23

Northrop Aircraft Inc
4.6%

*263/4

48%

5

Northwest Airlines Inc

28

17%

100

18% Mar 17

3,200
25,700

48%

$3.60 preferred

9

83%
27

*24%

25

Mar 19

Jan

.

263/4

10

Northern Pacific Ry

Apr

22%

58%

1

Northern Natural Gas Co

24

78

21%

583A

25

Adjustment preferred
North American Co

12% Jan

22

58%

50

53% Jan 30

24% Apr

Dec

1

21%

58%

10

24

16

25

13% Dec 16

22%

2

Apr

26% Apr

2

90% Dec

450

21%

35

8

8

Western

*83%
*400

58%

9%
17%

Co

52% Sep

Aug

19 % Jan

2

60

84%
450

83%

9%

2

10

84%

*83%
*400

27%

1

Jan

67%

68

323/4

91%

Jan

83%
450

1,500

67%

*65

20%

79%

10% Jan

83%
*400

400

15%

85

83

82

84%
450

107%

\15%

27%

91%

105

68

40

•105%

15%

27%

*82%

preferred

Northern

*65

41

107 %

15 Ya

27%

*77%

16

68

40

•105%

59

*83%

100

Jan

15%

27 %

100

Jan

*15%

1,700
3,500

22%

*58

84
.

*26 3/4

100

87

41%
107

15%

14

Corp—

preferred

94% Mar 2g

5,800

133/4
*70 3/8

No par

American

42%

14%
71%

A

&

41%

14%

No par

Chemical

110

90

*703/e

20

Electric

•88

1,000

14,900

14%

preferred

5

42%

13%

71%

3.90%

7

41%

913/4

13%

•70 3/a

3.60%

Feb

90%

34%

•90

2,900

•14%

8

35% Mar

44%

•89

11%

34%

133/4

800

106%

11%

14%

7

59

42%

90%

13%

16%

•105

71%

93% Jan

17

*89

133/4

16%

3,100

14%

87% Jan

75% Jan

43%

13%

12

*70%

23

Apr 28

90%

42

90%

Mar 27

15

11%

34

Apr

Nopco

16%

106%

11%

92

89

16

*16
*105

11%

133/4

81

Jan

16%

106%

90%

92

48

11%

34

Jan

25

16%
*105

13%

•89

Niagara Mhk Pwr Corp com_No par

Noma

11%

34

13%

80% Jan

8

16%
106%

92%

•92

lo

16%
*105

106%

11%

Mar 10

26

26,900

•108

6%

77

Jan

200

112

6%

May 21

20% Jan

108%

•109

8,200

11%

85

15

2,100

7%

Jan

18

170

27%

63/4

preferred

Class

88%

27%

Electric & Gas Corp—

92

Jun

273/4

88%

28

1

Common

30% Jun

26%

88

11%

Brake

Chic & St

37% Mar 23

28

27%

27%

100

York

24% Jan

27%
*88

6%

non-cum
preferred
No par
& Harlem RR Co
50
Y New Haven & Hartford Co-100
Preferred 5% series A
100

26% Jan

200

6%

Y

Apr

7,200

29%

11%

preferred series A
100
York City Omnibus
Corp_No par
York Dock common
No par

94

45%

29%

6%

preferred

Y State

45%

73/8

100

Shipbuilding
Participating stock

8

453/4
29%

11%

Common

32% Apr

300

45%
*293/8

7%

preferred

York

15% Jan

2,000

31%

6%

100

York Central

5

5,400

33%

31

11%

England Electric System
1
Jersey Pr & Lt Co 4% pfd_10O

New

35% Sep

7%

34%
32

*31

7%

5

York

New

134

6%

common.

New

65% Feb

7%
33 %

11%

Newport News Ship & Dry Dock

6%

*132

6%

Newmont Mining Corp
Ne"*iort Industries common

New

112

7

33%

6%

preferred

4% %

112

134

7

250

11%

Newberry Co (J J) common__No

New

113%

88

28%

•132

40

51,050

1

Corp

3%%

•111

873/4

*273/4

7%

30%
159

1

.

Nesco Inc

New

112

7%

29%
159

JNo par

Fibre Co

Co

4%%

112

-

30%
159

3,900

6,200
3,400

.1

Vulcanized

Neisner

27%

$5

23

134

10

2

Apr

*132

100

Ref

Supply (The) Pa
preferred

4%%
National

56% Jan

9% Feb

134

293%

2

17

29%
158%

46

25

1

30%
159%

45%

l87/s Jan

26

30%

159%

*293/8

63% Nov

3

31%
160 %

46%

Steel

20%
*93

30%

293%

2

12

93%

46

13"% Dec 22

Nov

21

29%

46% Jan

14% Sep
26% Apr

90%

203/4
93%

463/4

N

98% Jun

893/4

21%

293/4

N

8% Apr 24
18% Oct 28
46% Jan
2

903/4
94

46

P»b

86% Jan

21

159%

160

•132

90%
*93

•29

New

22

903/4

21

•93

10

Jan

82

59%

X14%

No par

34

76

60

National Sugar

520

Jan

59 S/8

32

14

82% Mar 31

60

*31%

23

3

173/4

593/4

32%

Apr

21% Apr

143/4
9%

17%

*31%

21% Apr

2

9%

175/S

32%

23

16

9%

17%

•31%

National

14%

93A

17%

No par

24% Dec

Jan

14%

9%

17%

National Shares Corp
National Steel Corp

13

85% Jan

14%

15

9%

18

34%

14% Feb

*29

14%

10

*34

Feb

9

15%

9%
X17 5/8

7%

5
8

15

9%
18%

34%

109% Mar 10
16% Jan

1951
common

Service

New

23% Dec 23

20

Oct

34

15%

93/4
173/4

7%

72% Mar 23

29 %

22

86

6

24

Oct

Apr

92% Jan

27

15

34%

Mar 25

13% Feb

41% Apr

34% Feb

52

106

6,900
4,900

7%

2

13% Apr

12
84

105% Sep 30

11%

54%

343/8

Natomas

10% Jan

11%
53%

7%

National

13% Jan

11%

5434

5

common

preferred B

8

3

11 %

53%

No par

Malleable &

12

11

12

55%

33%

13

104% Jan

11%
55%

1

__

27

12%

55%

5

Stores

Lead Co common

Linen

12

55%

Cast_No par

Natl

220

12 %

55%

10

preferred A

National

162%

1

preferred

National

5

7% Jan

37% Mar 19

22

Apr

$4.50

5

144% Jan

Jan

May

pfd series of
National Gypsum Co
8

162

12

1

Co

Prod

4%%

162

55%

No par

Dairy Products

19% Oct

162

3,100

1

Gas

97

Sep

310

353/4

Container Co

18% Mar 27
Dec

18,100

20%

10

25

60

22%

22

Corp

59% Mar 19

61 % Mar 19

14% Nov

2

22%

100

preferred A

3

48% Jan

22'/a

10

Corp

Co common

2

9% Jan

22%

*96

1
common

preferred

Norwich Pharmacal Co

%

13%
•80

81

80%

80 y4

79

80

78

•105%

106%

106

106

106

97%

*95%

97%

•95%

133/4

13%

133/4

13%

14

6,600

12

11%

11%

11%

11%

4,800

20%

20 34

20

20y4

20%

20%

1,400

213/4

22%

21%

22

21%

213/4

2,100

96

106

160

97%

30

O
33% Jan
100

2

Jan

14

88% Jan

8

104% May 15

39% Dec

22

37% Apr

7

106% Aug 12
94% Apr 10
106% Nov
7

100% Ayr

22

86% Apr
104 % Apr

23

99

50% Oct

6

607/s Apr

10

2

27% Dec

16

17% Mar 13

19 % Dec

9

22

Jan

Apr

91

Oct

Dec

27
12

24

2

4.40%

27

3.90%

106% Feb
104

Mar

56% Jan
28

24

108% Jun

2

89

24

95% Jan

Apr

30

25
9

4.44%

2

15

B

6

2

Ohio

common.

preferred
preferred

Oil

No par
Co

com

10

20

Oliver Corp common

convertible

105

preferred

39

373/4

101

101

100%

100%

88%

87

88

*86%

88%

105

99%

99%

1

513/a

51%

!

255/8

1

rights

preferred

4%%

88%

.100

38

1013/g

101

.100

Co

Common

37"%

.100
-100

Oklahoma Gas & Elec
4%

—12

preferred
preferred

4.56%

Mar 23

123% Apr

Jan

Ohio Edison Co

Jan

6

18

2

93% Jan

17% Jun



;a.

Apr

106

A Apr
18"% Jan
14% Feb

For footnotes see
page 28.

;

23

50% Apr 24
25
Apr 24
IB

13

23

39% Feb

387/a

105%

105 y8

♦99

loo3*

*104%
*99

38

105

100%

37%

3734

37%

37%

8,100

100%

100%

100%

630

86 %

86%

*86%

87%

104 y4

104 >/4

*103

104

250

99'A

99

100

750

*100

99

130

51%

513/4

51%

51%

51%

513/4

503/4

51%

26

26

26

257/a

26

25%

253/4

25

%

25%

9/64

9/64

19,300

32

9/64

9/64

7/64

%

31

18%

18%

*18%

18%

156,800

*18%

18%

18%

18 y8

1

123/4

13

100

90%

90%

123/4
*90

1»

,

11,100

18%

400

123/4

12%

12%

12%

12%

12%

12%

91

8,900

90%

90 y4

90

90 y4

89

89%

290

Number 5215.... The Commercial and Financial Chronicle

Volume 177

(1809) 425

Continued—Pago 9

NEW YORK STOCK RECORD
STOCKS

Range for Preofoa*

Range Since Jan. 1

Tear 1952

«% Apr

Lowest

Highest

Lowest

38% Jan

9

4

YORK STOCK

NEW

EXCHANGE

Highest

9% Mar

13% Aug 28
41% Dec 33

LOW AND

Omnibus Corp

35

Feb

12
19

45% Mar 25

Otis

19

Jan

2

30

Dec

23

21

Feb

20

33% Peb

17

Outboard

79

Feb

19

S3

Jan

11

KB2

Jan

13

84

Jan

6

Outlet Co

41% Apr

24

52

Jan

11

47% Jan

8

Owens-Corning

69 y* Sep

16

85% Jan 23

Monday

10% Jan

43 ya Mar 31
75 y« Jan

12

81

6

'

Par

*

(The) common

Marine

&

Mfg

No par

Fiberglas Corp

*9%

9%

84

84

84

43 %

44

44 %

43%

44%

77%

77%

No par

77 %

"

Shares

Apr. 24

9%

9%

9%

41%

41%

40%

41%

40 V4

30Va

77 %

the Week

Friday

42

41%

77%

Sales for

Thursday
Apr. 23

*30

43%

5

PRICES

9%

10

30

12.50

Glass

9%

41 VA

*81%

Co

Owens-Iliinois

Apr. 22

Apr. 21

9"%

SALE

30

2.50

Pabco Products Inc com

Mar 12

Apr. 20

HIGH

Wednesday

97/a
41 VA

5
No par

Elevator

Tuesday

29%

30

29%

29%

*29%

*81 %

84

*31%

1.300

41

5,100

30%

500

89

3D

83

43%

43%

43 %

43%

2,500

77%

78

77

75%

76%

2,400

13
*36

13

13%

87

*83

11

11%

87
11%

4,200
30

11

40y8

40%

30

P
19% Oct 3©

17% Jaa 14

12% Jan

7

81V* Dec 31

97% Jan

24

83% Jan

13

88

12% Dec 30

19% Jan

11

11

Apr

17

13% Jan

5

25% Mar 23

38% Dec

31

38

Jan

12

48

3

•1

Mar 17

63

Oct 28

60

Jan

12

73% Mar 26

1st

35

Mar 18

49

Dec

30

49% Jan

9

57% Mar

2nd

3
25% Jan
32% Jun 11

30% Dec

2

27

7

80 y« Fab

39% Dec

9

59

Apr

36% Apr

15% Jan

7

20

Mar 10

Mar

40

■A%

Co

35 V« July 14

25% Feb

13

108% Apr 24

120y« Nov 26

114% Apr

7

119% Mar 10

Jan

2

133% Apr

13

142% Jan 22

5% Jan

2

145% May IB
8% Nov 21

6% Apr

15

17% Oct

18

26% Mar 15

22% Feb

20

132

8% Jan

9% Nov

7

8% Apr

Pacific

9% Jan

8

6% Jan

19

11% Feb

26

Pan Amer

2

46% Apr

15

75% Apr

10

•3

2

5

41

9

Jan

100% Jon

32

13

98

12

2

10

0

2

Apr

4%

.

30% Mar 27

Paramount

23

34% Jan

7

Park

9

2% Jan

29

Park

Utah

30

58

Feb 15

38% Apr

22

44% Jan

7

16

38

Jan

26

33% Jan

2

39% Jan

30

Apr

7

8% Jan

5

Parmelee

6% Apr
4% Apr

7
22

8% Apr

9

Patino

7

8y« Apr 28
7

18% Jan

&

Pictures

Corp

6

Jan

8

Peabody Coal Co common

Jan

7

37% Mar 25

5% conv prior preferred
Penick & Ford-

72% Dec

65% Mar 19

70% Jan

6

Penney

14% Apr

23

9

31% Jan

25% Oct 28

5

Jan

16

Jan

4

108% Feb

11

106

26% Feb

5

105

17% Feb 27

48

Oct

29

29% Dec

8

*124

Nov

14

31

Fab

6

8% Feb

20

38% Nov 18
101

Jan

2

33

Mar 24

33% Dec 11

32% Jan
19% Apr

43% Apr

24

34% Apr

148% Mar 16

Apr 23

47% Mar 11

11% Dec 30

44% Jan
105% Apr

15'A Apr
43

Jan

105

Jan

30

15

23% Jan 22

19 Ya Apr

19% Jan 25

16% Jan

2

30% Oct

30

42% Jan

2

26% Apr

195% Sep

29

117% Jan

2

97

21% Mar

23

19

3

Light Co

,

-

10

33% Jan

5

Apr

23

108 y4 Jan

2

41% Dec 31

33% Apr

24

43 Va Feb

5

33% Dec

30 Va Apr

1
Apr 22

32% Jan

19

■

77%
97

79
97

75y4
*95

8%
27%
30y2

8%
27%
*30

8%
27%
31

7%
26%
30

3%
27%

7%
26%
*29%

2ya

2

,2

30
2%

2

2

38%
*34%

par

7%
7VA
4%
15%
35'/2

*7V'8
7%
4%
*15%
*35%
69
13%
3614;
*29

TVs
7%
4%
16
35%
69VA

20%

20%

5
5

..

l

100
No par

7%
7%
5
16
35'%
68ya
69
13%
13%
36
36VA
*29
31
*103% 105
33%
34'A

197/8

10
5
100

*45

3iy2

...

139

—100

391/4

33Vic

14

No par

•

4%%

6

19% Mar 25

79
97%

39%

50

Pepsi-Cola Co
Pet Milk Co common

27

21

39% Apr
100

7

79
*97

35%

Peoples Gas Light & Coke
Peoria & Eastern Ry Co

15

6

Ayr

10% Jan

2

&

2VA

preferred
—
100
Petroleum Corp of American
5
Pfieffer Brewing Co——
5
Pfizer (Chas; & Co Inc com
1
4% 2nd preferred (conv).:—<-100
Phelps-Dodge Corp
12.50

#39

♦ioo

20%
46

31%
139

*7%
7%
7V2
7%
4%
5
*15%
16
35
35%
68y4 68%
13%
14%
35%
36
*29
31
*103
105
33%
34

14
36%
31
*103% 105
33%
34

45

20

32

139%

40 V4

*39'A

14%

14%

,

19%

19%

20

18%

18 Va

18%

27

27%

100

100 '/a

40%
101 y2

27%

34 Va

32 %

32%

32

32%

31%

70
9,100
69,900
400
62,20o
45,700
200
7,309

77VA
,

97

10

8

25.800
10,200
200

26%
30VA
2y8

2

2.900

,

39

38% / 33%

35%

34%

34%

300

7V'a
7%
4%
*15%
16
35%
35%
68
68%
14%
14%
34%
35'A
29
29
*103
105
33
33%
19% 20%

*7
7VA
4%

7y2
7%
4%
16
36JA
68%
14%
34%
23
105
33

1G0
2,70q
2,300
■ 600
1.209
3,600
23.200
4,509
200

*7
7'A
4%

44 VA

44%

31%
136

31%
140

34

14%

43%

14%

14%

40

6.400
47,700

20%

1.400

43%

600

137

351/a
*39

100

.

31 Ya

*31
136

37%

*100

*39'A
100

16
35%
68%
14 VA
34%
28
*103
32%
20%

13,50o

1,709

38

1,100
83.500

14%
40

101%

~60

19 %

20%

19 y8

19%

2.300

*18'A

18%

18 Va

18%

2,000

26%

27 VA

26%

28

97

97

99

99

33%

34%

33%

341/4

36,490

32%

99 v4

35%

1,180

34%

27%

100 Va

34%

27%
100

70

150

28'A

18%

35%

280

18%

20

*19%

343/4

*1

•

,

15

14%
*100

20

18%

40

*39VA

40V4
100,

'

31%
138 V3

*38

42

100

45

31%
138%

139%

*39

20%

44%

45%

*31%

391/4
14%
101

"

l.OJj

115VA 115%
134% 134V4
6%
6%
33V'3
33%
*3%
8%
5
5VA
lOCa
10VA
*43
45

81V4
97%

38%

Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc

12

16% Dec

May

Penn Power

Mar 11

9

Jan

2,600

35y4

7

5

32

Jan

3,800

35y4

Corp

52y« Jan

30

13,30-0

25

40%

Pennsylvania RR

133
34

Coke Corp

Cement

5

5
40% Feb 18

Aug

37V4

57%

25%

39'%

25

preferred

5%

37y8

56%

*34%

No par
10

23% Jan

15

145

19% Oct 22

33

3

37%.

58
58%
26Va
27Ya
115V4 116
»134'/2 135 VA
6%
6%
37%
3J%
8%
8%
5
5%
10l/3
10%
*43
45

40%

Penna Glass Sand Corp com

35% Mar 18

20

47% Jan 23

Penn-Dixie

2

No par

Co

(JC)

Penn Coal &

4

107% Feb

2

Dec 23

24

Feb

37ya

58%

27%
116Va 116%
*134ya 135y2
6%
6%
38'%
40%
*8%
8%
5
5%
10%
10%
*43Ms
45

35V2

:

.

39% Mar 19

2

28

37%

58%

40Va

Transportation
No
& Enterprises

18

.11% Jan

37%

27

"34%

Mines

7

14% Aug 7
Dec 22

4,300

27y2

2.50

Parker Rust Proof Co

5

29 y« Jan

52%
27%

13%

No par

Parke Davis & Co—

Jan

33

*52
27%

8%
27%
*30

1

15% Apr

19

52%
27%

8%
27%
30%

8%
27%
30%

1

34

15

53'A
28%

53%
27%

116%
134%
6%
39%
8VA
5
10%
*43y2
80
*97

1

8% Jan 29

Dec

1
5

No par

Distillers Corp

35% Nov 17

11

68

116'% 116%
*134y4 135'%
6%
6%
40y»
41%
*8%
8y2
5
5'A
10%
10y2
45
45y2
79
80
*97
97%

100

Consolidated Mines

20% Jan 29

23% Jan

*66

58%
27%
116%
135y4
6%
4iy2
8y2
5y8
10%
45

1

23

9

66%

37%

Transp

16% Oct 20

Dec

40%

66V4
52 %
27l/a

58VA

No par

31% May 2
63% Oct 30

6

40%

68

27 Va

100

& Tilford

Apr

41% Oct
Oct

40VA

37»A

Corp

Apr

14

6% Feb 15
5% Nov 24

Oil

30

1% Nov

40y3

*66%
*52'/a
27%

68

27

Pipe L com

2

16

3% Jan 21

40y2

58%

Airways Inc

Petrol

26% Jan 26

30% Mar 13

40y2

*66%
53 Va
27l/a

37%

preferred

Panhandle

87
11%

58 VA

10

World

Panhandle East

98% Mar

Jaa

11%

37'A

preferred

Pan-American

88% Mar 25

24

6% Jan

9% Jan 14
43y« Jan

Mar

4%

13%

87

27

Packard Motor Car

2

59% Jan

33

27%

Oil Corp common_4

Western

20

33% Jan

21% July 16
Oct 28

53%

100
Corp.
1

Consolidated

Apr

12

29

53%

25

1

9% Jan

16

6% Not 17

No par
10

.

No par

preferred

2

5% Dec 12

30

Oct

Jan

47% Mar 31

16

67

Pacific Telep & Teleg com
Pacific Tin

13%

83
11%

13 V8
—

40%

67

Corp

Apr 12
83% Dec 29

7

4% Apr
9

40%

Mills

28

13Ya

*11V4

*87

89

No par

Lighting

Pacific

8% Jan

11%

10

Electric

&

Pacific

30

6%

11

No par

common

Corp

61% Mar 13
Mar 17

13%

*87

5

preferred noncum

Pacific Gas

Mar 17

68% Dec 11

13%

100

Inc

preferred noncum

Pacific Finance

20

17

x55% Jan 15

preferred

conv

Fisheries

2

24% Oct 23

Apf

cum

Pacific Amer
Pacific Coast

1

317 a

32

311/4

31%

7,300

23%

1,000

100

16,000

1,150

*

29

Apr
23% Jan

17
2

25

183% Jan

2

112

Jan

17

93

15

23

May 15
Oct

101

Apr

24

111

Jan

Apr

8

99

Jan

2

108

Phila &

36% Jan

5

Philco Corp

'« 87% Jan

14

2

36% Nov 12

31

Feb

9

83% Jan

3

90

Apr 12

80% Apr

23

42% May 15
93% Jan 12

52

Dec

46% Jan

12

55

94

Apr

16

101

94

Mar 25

95% Feb

13

13% Mar 15
94

101

May 3
98% May 10
Dec

20

Dec

98

31

17

98

Jan

59% Feb

Jan

4

10% Jan

12

32% Jun

39

Mar

5

35

Feb

9

98

Jan

5
4

15% Apr 29
HO

Nov

14

22% Mar 27

1

37% Jan 29

23%

Apr"24

6

95% Feb 13

88

Jan

1

106% Jan 28

44

May

l

MSI

Jan

4

42% Mar 17
Oct

27

10% Jan 21

Oct

16

25% Jan 21
85

Jan

80

28% Apr 18
32*

Jan 31

25% Apr

17

165

15

Apr

69

Apr
70% Feb

21% Apr

25% Dec 23

146

Aug 27
34% July 9

9% Feb

26

5

17

73% Feb

19

75

27

Mar 20

25% Mar 18

7

Jan

6

21% Jan

6

148

9

27 Y» Apr

145

Feb

58% Mar 16

Apr 20

8% Apr 24

Jan 17

Oct 23

16% Mar 18
155% Mar 17

18

17

78% Oct 30
48

3

24

51

12

8

7

21

155% Apr

Aug 23

56% Dec

17

14 Yb Apr

Aug 18

165

Feb
Jan

59% Feb

23

5

94

97

148% Apr

17% Jan 14

17
k

49'/a Apr

29% Jan

5

91% Feb 19

Nov 28

156

preferred

24

Mar 17

31% Jan

2

Mills

Pillsbury
$4

*12Va

Inc

25

35'/a

common

C C

Pitts Consolidation Coal Co

Steel

Co

Mar 26

12% Jan

14

34% Apr

2

40% Oct

24

55% Feb

13

46% Feb

3

Pond Creek Pocahontas

15

22

19

Jan

22

15VA Apr

17% Jan

29

18% Dec

7

13% Jan

18

35% Dec

13

17% Jan

4

10

Apr
34% Jan
61V2 Apr

19% Mar 23
11 y« Jan

Pressed Steel Car Co Inc com

38% Mar 16

24

15

Procter

8

69% Dec

17% Jan 22

88
May 13
26% May 1
28% Apr

31% Nov 26

34% Dec 10

33

81

Jan

87

83% Feb

2

24

Apr

14

26

Jan

5

27% Nov 18

26

Apr

24

27% Jan

20

27% Feb

24

39% Mar 20

68% Oct 16
106% Aug 11
28% Jan
2

35% Apr

17

138% Jan

3

34% Dec

19

33% Jaa

3

Jan

9

82 ya Jan

12

Apr

6

43% Jan

20

Pullman

64% Jan

2

Pure Oil

109% Mar

6

4

32% Jan

7

57% Feb

27yaApr 20

4
18

•

30% Mar

13

9

146% Feb

2

23% Apr 16

25% Jan

3

39% Wot 35

39% F«b

81% Dec

72% Apr 24

39% Jan
79
Jan
4% Jan

6
2
0
J

134'

Apr

22

Serv

preferred
preferred
El

&

Gas com

4.70%

33% Aug 11

Jun

Pub

-,

5%

cum

preferred

Inc

(The)

14 Ya

9.900

31%

31%

7,100

32%

31%

31%

31%

82%

81%

81%

80 VA

80%

♦80

52 Ya

52

51%

52%

51

51%

51

93%

*91

*21

22%

*21

22%

*93%

97

*93%

97

*93%

97

63%

*12 Va

13%

35%

*35%

36 '

35 VA

98 VA

98%

20%

20%

25 Va

24%

50 Va

51

8%
.19'/a
-

14%

50%
14%

50%
14%

154

148%

150

157

'155 Va

157

51 «/3

8%

19%

51%

51

8%
19 VA

8%

19%

*68

*68

70

*73

-

70

74

*72%

73%

23 VA

27%

60%

60 Va

100

60%

13

*12

35%

98 VA

98 VA

98 VA

2 OVA

20%

24 VA
■

24%

*92

94%

*92%

94

50

14%
*145
155 VA
51

8%
19

20 VA

20%

*100%

50

*14%

'
■

—

1,300

98

*95

20%

80

21

3,200

♦100 VA

—

23%

24 Va

23%

24

93%

93%

92

92

93 Va

*92

*92
49 VA

50

14%

14%

5,100
30

93%

49%
14 VA

™

2,500
1,900

50

14%

150 VA

150

150%

*147

155%

155 VA

*155

40

150

155 VA

153

52%

8%
19 VA

51

51%

8%

8%
13%

18%

*68

70

♦69%

73

73

72%

70

72%

51 ya

8%

13%

40

52%

4,600
2,600

3%
19

2,900

•69

70 •"

72

72 VA

22%

22

*147%

150

*147%

*27%

23

27 VA

12

♦11%

12

♦11%

—

400

150

27%

♦22%

23

*i4?y4

150

28

21 Ya

12

*11 %

23 VA

22%

150

VA

1,000

1,500

27%
12

♦11%

11%

*11%

29%

30%

30 VA

30%

29%

30%

28%

29%

28%

29%

41

40%

10
:_1

10,700

41

40%

40%

41

40

40

39%

40

800

15%

15%

15%

16

16%

16%

16

16%

15%

16

2,200

13

18

18

18%

18

13 VA

13 VA

13%

13

18

1,200

10%

10%

37

37

10%

10%

11

38 VA

10%
*37

37 Va

37%

10 VA

10%

38

33

62%

61%

62 VA

5,600

12%

12%

9,500

10%

10%

*37%

,33%

No par

63 VA

63 VA

62%

63%

62 Ya

63

62

5

12%

13'/a

13 y8

13%

13

13 y8

12%

17.500

1,100

No par

*80%

81

80%

80%

*80 VA

81

80 VA

,13
80%

10

*30%

30 VA

30%

30%

30%

30%

30%

30%

30 Ya

30%

3,700

35

34

34%

33%

34

33

3,300

79 VA.

33%
79%

100
25
No par

No par
100
100
No par

common

29,300

13%

35

27%

23%

97

35

♦147%

23%

22 VA

35

21 Ya

23%
150

93

♦21

98 VA

25%

1

60

*90

—

35%

13

*100

94

50%

61%

93%

5,200

95

*12

*12 Va

►104%
94%

*155

61

61%

13

40

52 Va

*93%

*91%

22%

*93%

81

*93 VA

94

-

*92 VA

14%

95

♦93%

r94

21

*150

95

31%

*21

»98%

No par

34 Ya

34%

34%

*80 Va

*79

79%

*79

79%

"19Va

80

79%

*79 Ya

*23%

24 VA

*23%

24 VA

*23%

24

24

24

*23%

26' A

25 VA

26%

26%

26%

26%

26 VA

26%

26%
♦95

•105%
40%

54%

preferred

100

103

Purity Bakeries Corp

No par

35

Quaker Oats Co (The) com
5
6% preferred
100
Quaker State Oil Refining Corp..10

*134

conv

13%

*92

Public Serv Co of Indiana—No par

$1.40 div preference com
4.08% preferred
-

2

37% Fab

of Colo

6

10

39% Jan

preferred—

cum

6

Apr

148

$4.75

Public Serv Co

Jan

102

107% Apr

54

4

Publicker Industries Inc com

109% Jan

23

Apr 28

69y« Jan 23
110

5

Mar 11

36% Feb

24

Anr

95

103% Apr
40 Va Apr

11

33

24

26% Apr

6

NOV 21

43% Jan

23

Jan

x29

103% Nov 20
109

15% Jan 20

80 y4 Anr

2

27% Aug

92% Jan

12% Apr 23

14%

94

preferred series A—50

Gamble

&

4.32%

24% Jan

conv

3%%

Sep

May 16
26% Dec 11

77 y4 Mar 30

25

102% Jan

68 y« Jan

4% %

8

WV* Jan

Co

8

11% Oct

24% Jan

11

Power

6

22

190

14

94

No par

B

Electric

Potomac

14

101%

14%

1

Plough Inc
Plymouth Oil Co

9

*100%

14 VA

14%

5

11

28'/4 Apr 23
39% Apr 24

16

101%

100 Va

5

12% Feb 14

class

*100%

100 VA

22%

99

♦147'A

Co

95%

95

20%
*104%

com

37% Mar 15

oy«Oet

*21

Pittsburgh & West Virginia
100
Pittsburgh Young & Ash pfd—100
Pittston Co (The)
1

&

♦92%

*92%

5%

Poor

95%

96

97

220

101

*92%

*93%

62 %

*23%
101

95%

*91'A

No par
preferred class A
100
5%% 1st series prior pfd
100

Pittsburgh

3

24% Jan

96

*91

7% guaranteed preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt—No par

16

31% Sep
€2% May

31%
*81%

52

*93%

Pittsburgh Forgings Co
1
Pitts Ft Wayne & Chi Ry com—100

23%
102%

103%

*92%

No par

(conv)

11% Jan

15

82 Va

24 Va

preferred

28% Oct
Dee

32'/a

51%

oiy2

23%
102

103 VA

100

82VA

preferred—No par

convertible

$4.80

100

14%

*93%

23 VA

103%
95%

*92

14%

Pitts Coke & Chem Co com—No par
$5

102

23

23%

*23
103 %

31%

100

L RR

St

&

953A

143^

No par
2

preferred

Pitney-Bowes Inc
Pitts

Oct

5

prefered

series

Phillips Petroleum

2

91

21

3.90%

Phillips Jones Corp com
5%

100

1
3
A—
100
common—5
100
100
No par
100
No par

Phoenix Hosiery

2

6

Jan

Oct

Feb

29

preferred

69% Mar 25

19

OS

14% Dec 24

Jan

common

3%% preferred series
Philip Morris & Co Ltd

4%

104%

*92

Reading Coal & Iron

12% Apr

37% Jan 14
101
Jan
2

24% Oct

142

Feb

98% Apr

182% Apr
8
19% Dec 24
110% Jan 21

62

5
4

98

9

12

23

25

29

64% Dec 30

Jan

98% Jan

18% Jan 27

July 29
48% Feb 20
8%Stee 23

Mar 13

23%

104%

100

8

26% Jan

20

13% Apr 24

8

preferred

26

8

Apr

4.3%

Feb

4

20% Feb

*23y8

100
100

3.8%

18% Jan

108% Mar

2

100

.

No par

preferred
preferred

4.4%

5

94

common—-No par

Co

$1 conv preference com

25 y. Mar 17

6

99% Jun 24

15% Jan

*183% Jan 8

Phila Electric

27VA

26%
96 VA

105%
40%

55%
108

35%

27%
135 Va

:

26%
96

105%
40%
55 VA

*107%
35

27%
135

26%
96
105 Va
41

26%

96%
105%

40%

40%

26%

26%

95

95

26

50

VA

*93%

24%

200

26 VA

26

12,500

26%

7,400
30

95

103%

40'%

*104%

105%

200

40%

*104%

40%

40%

3.700

54%

55 VA

54 ya

54%

10,700

108

*107 VA

108 Va

*107%

108%

107%

35

35%

35%

35%

35%

35%

107%
35%

1,000

55%

27%
135

23%

23%

23%

26%

23%

26%
*94 Va

*104%

110

31

26 y8

26%

73

73

*27%
134

27%
135

55

54

27%

27%

134

134

27%
134
24

23%

23%

23%

25%

26%

25 V*

26

25 %

73

73

72%

73

23%

200

27%
134
24

2,200
90
,

1,400

R
72

3% Nov 14

8

4% Oct

9

4y« Jan

'

11

3% JOn

18

88% Jan
40% Mar

2

97% July 18

9

48

For footnotes




Aug 29
see

page

28.

B

3% Apr 22

3% Jan

2

86
Feb 20
41% Feb
9

4% Apr
92
Apr 10
47% Mar 25

Radio Corp of America com„No par
$3.50 1st preferred
No par
RKO Pictures Corp
1
RKO Theatres Corp
1
Ralston Purina Co 3%% pfd
100
R&ybestos-Manhattan
No par

.'.73%

3%

3%

4'A

4y8

4 J/a

4lA

*89 Va

91 Va

♦89%

91%

♦89%

91 y2

44

44 %

44'A

43%

43%

♦43

4

25%
72%

53.800

3%

3%

22.900

4

♦89%

*43%

3%

72%

3%

3%

3%
4%

3%

3%

4

91%

'

•39%

43%

*42%

91%
43%

1,000
9,400
200

The Commercial and Financial Chronicle

26

Monday, April 27, 1953

...

(1810)

Continued—Page 10

NEW YORK STOCK RECORD
STOCKS

Range for Previous

33% Dec

Dec

19

27% Apr

36"% Sep

4

33% Apr

37

1
24

Highest

Lowest

Highest

Lowest

35% Jan

23

5

x28%

33%
12%
29%

33%
13V2
29%

33%

33%

13%

13 %

29%

29%

Co——No par

*38
*33%
*16%
20%

40%
34%
17
20%

50c

14%

14%

prior preference
10
Stores Corp
No par

*6%

11

22% Mar 23

Reed

15

15% Jan

14% Mar 18

$2

9% Sep

15

12% Dec

30

Feb

6

25 % Feb

4

34% Dec

22

28% Apr

23

Feb

20

41% Dec

9

38% Apr

9

30% Jan

15

35% Dec

18
8

33% Apr

23

12% Jan

6

1

18% Fob

17% Jun 26

14% Apr
5% Feb

26

28% Jan

13

26

Reliable

10% Jan

2

14% Jan

19

Reliance Mfg Co common

24

60% Jan

19

36

11% Feb

13% Jan

11

13% Jan

30

5% Dec

22

4

13% Oct

10

July

12

33% Jan

8

16

Bit

Roller

Reeves

Jan

30% July 24

7

8% Oct

28

25

52% Sep

7

10% July
58

23

Jan

3
26

Dec

12

6% Jan

2

Oct

23

Oct

31

6% Oct

21

32% Jan

2

40 % Jan

5

16

Feb

3

175

Apr

24
20

7

Jan

2

9% Mar 20

40% Jan

8

47'' Mar 12

43% Dec 22

Apr

53 % Jan

85% Apr

30

102% Apr

14

Jan

12

25% Jan

2

9
10

24% Apr

24
14

Nov

14

33

53% Feb

27

Oct

74% July
27% Dec

28

54% Apr

16
5

Preferred 3.60%

5

Preferred

107

29% Mar 18
* Jan

5

26% Jan

9

65

5% May 13
18% Dec 16

7% Sep

5

6 % Apr

23

29% Jan

2

17% Apr

23

35% Dec

17

48% Jan

23

35% Apr

16% May

2

19% Dec

18% Apr

24

21% Mar

40

4
Nov 25

37% Apr

40Va Feb

-

„

Common

Apr
Jan

58

23

Dec

107

8% Mar 13

27% Mar

3

Inc

44% Mar 10
3
18

4.50%

El

&

18% Apr

14

22% Jan

30

Royal

9

Jan

2

65% July 15

57

Feb

17

17% July 18

14% Jan

29

32% Jan

23

24

Feb

26

108% Apr

21

6

32

Apr

24

43% Jan

5

27

Jan

16

28% July 31

5

29% Mar 20

22% Apr

17

31% Dec

23

27% Apr

6

33% Jan

30

27

75

Dec

30

24

77% Feb

2

205

Feb

8

312

Dec

3

69% Apr
275
Feb

18

312

Jan

5

150

Oct

7

175

Dec

5

155

Feb

6

155

Feb

6

9

24% Feb

6

19

Jan

7

23% Mar 25

4

97

May 29

92

Jan

6

17% Jun

11

24

Dec

31

23

Apr

24

27

13

17

18% Jan

2

13

Apr

24

15% Mar

29

33% Jan

2

24% Apr 24
14 '/a Apr 24

1
87% Oct 30

59

Dec

94

Apr

10

21

102% Oct

23

105% Jun

30

29% Oct

30

35 Va Jan

30

Feb

13

89% Apr

Oct

20

116 % Jan

29
30

14% Jan

2

16% Oct

3

102% Jan

8

85

103

107

May 9
May 21

Jan

85% Apr

95% Apr

83

Apr

Apr

16

91% Jan

6

Feb

25

31% Jan

12

86% Feb

8

101

20

Feb

2

Feb

3

105

7
24

15% Jan

Mar 23

59

14

104

6
6

Jan

17

15

Apr

29% Apr

7
13

Jan

28

16

101

Haas

110

r

17% Jan 29
104% Jan

13

79% Jan

29

Ruberoid

Co

Co

5%

9

25

Mar 11

Apr 13
13% Feb 25

84

Mar 13

17% Mar 24

56% Apr

17

60"% Feb

Sears

26% Mar 27

Finance

15

23% Dec 31

14% Jan 29

22% Apr
10% Apr

23

27

I2Y4 Mar 12

25

13% Dec 29

11% Apr

24

14% Feb

26

Mar 13

82% Nov 26

76% Jan

21

80

14

5

36% Apr

37

Nov

7

*96% Jan

11

x8 % Feb

28

237/a July 31
65% Feb 27
13% July
10% Jan

40% Jan

9

24% Jan

20

15

62% Apr

24

16

Feb

17

14

Apr

87

Mar

2

15

2

Aug 27

May 27

Dec 23

4% Jan
32

July

18

49

Jan

6

48

16

7

27%

.2%

■ft.u"

6
2,.

-

51 % Mar

103

Jan

2
2

Sharp & Dohme
$4.25

cum

26% Feb

6

Sheaffer

(W A)

731% Mar

2

Shell

17% Jan

6
5

27% ■'»

27%

600

30%

28%

29%

18,400

71

69%

70

*285

300

310

*285

100

*135

*285

*

*94%

22%

21%
*94 %

96

94%

94%

96

94%

94%

94%

94'%

23%

24

24

23%

23%

23%

23%

23

23%

2,000

13%
24%

13%

13%

13%

13%

13%

13%

13%

13

13%

2,600

25

24%

24%

24%

24%

24%

24%

24%

24%

11,700

14%

14%

14%

14%

14%

14%

14%

14%

14%

143%

4,400

56%

56%

56%

56%

55%

56%

55

55%

55 %

56%

4,000

101

100

*83%

*99

*99

76

*74

23%

23%

23%

24

.23%

23%

78%

78%

7734

77%

*14%

15%

*14%

78%

*78%

79%

15%

*14%

15%

56%

57%

24%

25

*80

Co

37%

37%

38

37%

37%

36%

37%

36%

37

5,300

40%

40%
44%

41

40%

40%

40%

40%

40

40%

6,500

45

43%

44%

43 Va

43%

42%

43%

94%
10 Va

95

94%

95J/2

94%

94%

94%

94%

10%

10%

101%

10

10%

10

10

*25%

26%

*253a

26%

25%

25%

*24%

45%

*95

95%

10
*25%

10%
T

26%

14%

14%

14%

14%

14%

Simmons

Co

32

32

Saw

42

No par

42
38%

25

*76%

Oil

3%%

2%

——No par
&

Steel

No par

Corp
Corp-

preferred

100

42

41%

41%

*41%

41%

*41%

39%

39

39%

38%

76%

30%

31

31

14%

55

77%

76

15%

*14%

2,800

;

2,500

1,600
300

42

39

37%

38%

25,300

x72 %

74%

71%

72%

2,300

31

30%

30%

30

30

15

14%

14%

14%

14%

800

33

33%

26

5

Solar

Aircraft

Co

:

Solvay American Corp 4%
South

Gold

Amer

South

5%

Carolina E & G Co

Mar 25

80% Mar 25
9
77% Jan
4

7% Mar 17

7% Mar 25

105

Apr

16

44

Feb

18

53 Va Mar 25

19

56% Mar 5
100% Mar 16

16

2

52% Jan
98% Feb

2

15% Apr
40% Jan

24

19% Jan

12

49 Va Mar 20

5

7% Apr

,65% Jan

7

8

25% Apr

23

31% Jan

27% Jan

12

29% Mar 18

9% Mar 19

67% Mar 23
6

92% Apr

3

82

91

Feb

11

2

18% Oct

28

Apr
14% Apr

23

12% Jan

20

17% Jan

6

10% Jan

3

18% Nov 26

17% Jan

14

20 % Mar 18

110 Va Nov 21

106% Jan

6

113% Mar 17

17%'
*127

_1

8%

com_4.50

13%

—50

*51

California

14

13%
*51

*48%

49

Gas

&

common

13%
53

17%

!

53
48

47%

48%

48

39

39%

38%

381/2

*38

35%

36%

36

36%

14%

15

14%

15

14%

14%

„

4,400

33

17i%

17

60

1,200
51,600
4,500

131

*127

x6%

6%
14

13%"
*50%

5,500
14,100

53

47%

47%

1,300

*38V2

391/2

500

35%

36

34%

35%

11,600

14%

14%

14%

14%

59.100

&

566,700

39%

■

-i<s

3/64

A

3/64

3/64

3*2

3/64

3*2

25%

25%

25%

25%

25%

*25%

'25%

251%

25%

28%

28%

28 %

28%

27%

28

2544

27 %

25%

26%

7,800

43%

45%

44%

45%

44

45V4

43 V2

44%

43%

44'%

47,100

83%
76%

85

84%

85%

85

85%

76%

77

77

*73

1

*13%

14%

13%

13%

No par
—1

6%

6%

6%

6%

*7%

7%

7%

7%

7%

1%

"7%

No par

*103%

110%

*103%

110 %

*103%

110%

*103%

IIOV2

*103%

6

49%

49%

50%

51%

51%

51%

-51%

'

50

74%

51

1,100

83 %

85%

83

84%

16,100

77%

76 3i

77

16%

76%

1,700

74

73

73

73

73

14%

14%

14%

141/4

14

14

6%

6%

638

6%

77%
*73

^

71/4

6%

20
700

6%

7

4,700
700

7

110%
-

52

3,600

50

55%

55 %

54%

55%

54%

54%

100

*99%

100%

*99%

100%

16%

1001%
16%

*99%

1

16

16%

16

16

15%

16

15%

15%

4,900

1

42Va

42%

42%

43 Va

42%

43

42 Va

42%

42

423

4

9,100

8%

9,400

2

8

8

66

66

26%

No par

28%

28%

$3.50 preferred
No par
Standard Coil Products Co Inc—1

84

85

14%

15

Stand Gas &

18%

18%

108%

109 %

109 %

com

'32%

74%

(stamped )_No
Inc

20%

25%

26%

Standard Brands

13%

13%
*51

20%

*73

common

_

6%

6%

36

5

pfd

Co_

17%
137

*125

48%

No par

4.50% cum preferred
4.60% preferred
Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common

par

Elec Co com—No par

preference

6%

39 %

Elec—No par
7.50

preferred

Spencer Chemical Co

$4

*51

17%
137

35 %

——5

Spalding (A G) & Bros Inc
Sparks Withington Co

D

6%
13%

53

3/64

Conv $4.50

14

53

ma
*127

6%

48%

Southern Railway common—No par
5% noncum preferred
100
Mobile & Ohio stk tr ctfs_—.100

Square

17%
137

39%

Rights

Spear & Co

6%

25

Edison

(The)

Indiana

17%
*127

6%

_25

preferred

$5.50

17%
137

6%

South Porto Rico Sugar com.No par

Southern Co

49% Mar 18

*53

,
1
pfd—100

Platinum

&

preferred

16% Feb

13

3




2%
31%

33%

9

For footnotes see page 28.

2i%
31%

33 3 a

13

2

2%

31%

33%

Jun

74% Jan

2%
31%

76%
,

14%

14%

2%

33%

34% Dec

2

77%

14%
32%

33%

25% Feb
80"% Jan

39%

2%
32

33%

19

11

39%

14%

2%

Socony Vacuum Oil Co Inc—_15

May 16

28% Dec

*41%

15

32

5

45% Dec

2

32

56

31% May 1
7% Nov 16
63% Nov 18
22% Jan

2%

2%

65%

—

—

24

21

100

3,200

76% Jan 16
75% Apr
7

10 % Jan

910
2.500

26

13,200

20

73

,

13,700
1

163%

43% Feb

26

80

2,400

64%

9

12

80

16%

42% Feb

7

80

*80

62%

23

57% Jan

80

81

16%

47% Dec

26% Jan

80

-

64%

16

103

81

*80

82

2,700
17,900

16%

Southern Natural Gas Co—
South'n Pacific Co (Del)

9

11%

63%

South

23

11

11%

17

10

Feb

10%

12%

65%

24

17% July 18

11%

11%

16%

Apr

52

22%

11

12%

64

27Va Feb

99% Jan

22%

11 Va

12%

17

Southern

Apr

23%

11 Va

66 Va

39% Mar 16

105

2234

11%

12%

17

40

9

223%

24%

11%
12%

'

,

65%

24

6% Feb

22%

15,800

16%

33% Feb

17

56%

66%

23

Dec

56%

16%

26

9% Jan

56 %

66

Jan

49

56%

Corp
15
Mfg Corp
—
1
Sheraton Corp of America
1
Silver King Coalition Mines
5

25% Apr

103% July

900

77%

15%

57%

39%
44%

1

25

21

77%
*14%

57

37%

No par

23

28

,

15V4

57%

par

—No par
No par

16

Feb

.

_1

No

Dec

Oct

7,400

6,400

24

__No par

Dec

6

~20

75

23%

231/4

57

12%

30

38% Apr 16

100
1

'

78'%

11%

26

100

3,400

107 %' 108%

*54

24

2

*73

110

23%

*14%

Oil

37% Mar 31

,

*98

75

108

110%

*63

47% Apr

.5% Jan

100

*73

110%

55

7% Feb 27

Feb

*98

74

16%

20

21% Mar .20

15

100

111%

100

83%

1041/2

16%

16%

65%

140% Mar 13

6

83

*103

105%

*16%

20

5

12% Jan

84

84
*103

40

3,700

29%

*54

16

17

74

87

29%

*63

14

29

*98

76

16%

70

101

29%

19%

Jan

Jan

: 101

85

104%

*86
*98

29%

55

42% Jan

6% Jan

16%

87

101

86%
*98

65%.

69

16

*84

*103

16%

29%

19%

Mar 26

4

85

87
101

110%'

12

10

Aug

29%

111%

111
23%

11%

Nov

5

*86 %
*99

30%

105%

16%

101

%

101

1

2
17

11% Oct 23

*103

16%

*74

,

*83%,

85

16%

87
,

29%

105%

*103

,

*99

29%

29%

—5

*86

87%

*86
*99

*54

7

92

29,400

23%
,

*63

19

Mar 30

21%

55

Jan

73

21%

20%

15

29

10

■

22%

64

52

23

290

*135

21%

64

2

26

'

2.900

20%

24

Dec

290

*135

22%

*27%

*54

50% Feb

Nov

300

*135

22%

9,800

33

20%

11% Jan

76

*285

.

22%

32

64

10

83% Dec

310

*135

22

5

33% Oct

*

*27%

33%

20%

23

80

290

2,100

33%

63%

Dec

3

34

4.20% preferred
___100
Smith & Corona Typewriters-No par

12% Dec

18

33 7 a

70

33%

6

25

52

Jan

86%
1071/2

28%

21% Mar

Jan

86%

27%

58% Mar

66

35%

106%

71%

70% Feb

65

34

107

29%

15
24

32

108

27%

28

23

35%
87%
107%

86%

107%

70%

20

3*2 Apr

35%

87

—

29 Va

Jan

21% Apr 22

35%

86%
108 %

1,700

27%

19% Apr
32% Apr

28

117

*95

97%

71%

55

19

115%

118

28

63% Apr

16% Nov

36 %

86%

No par

—

Pen

*95

30%

66% Mar 22

Jan

118

99%

70%

80 % Apr
7
22% Apr
3
40% Jan 25

53% Feb

118

29%

20

34% Apr
14% Apr

1,500

70%

53

Mar

37%

35%

.»

15

Apr

37 Va

29%

14%

5% Jan

2,600

37%

28

(Alexander) Inc common—20

17

19

37%

70%

Smith

135

18%

37%

28%

17% Feb 27

5

400

19%

3734

28

6

12

36

19

34 Va

13% Feb

14

36

19%

34

63% Nov 20

,

35%

37

19Va

15,200

17% Mar 12

2

36

37

38%

35%

15

12% Jan

5,900

107%

87

11% Oct

38% Nov 20

17%

19%

*96

31

6

17'/a

37

118

107

30%

14

18%

38%

36

35%
87

106

10

16

17%

%

800

(A O)

Apr

18%

1.200

Smith

May

18'%

15%

8

34

18%

3,700

59%

37

38

7,400

15%

24

50% Dec

100

6%

59

Apr

9

24%

6'/a

16%

30

17

55%

24%

6%

59%

38% July 24

8% Jan

54%

25 V4

16

3

45% Jan

56

6'/a

59

Oil Co

Sep
6% Dec

55%
*34%

61/2

1638

Skelly

21% Jan

56%
25 V4

6 3,8

v

59

6

143

56%
*24%

6%

16%

85% Jan

7

3,700

59

24

2

320

27

16%

71% Apr

37% Jan

26%

59V2

102% Jan 26

4

27

59 V2

10

Jan

26%

26%

*16%

Sinclair

20

200

60%

Sheller

Jan

320

103%

16%

100

(Frank G)_

3% Jan 29

60

85%

103

16%

com

common

Shattuck

16 % Mar

**M»/a

103

601/2

—No par
No par

preferred

11 y4 Mar 25

34

*55

85%

85%
103

19,300

2,400

43% Mar 20

7

4

60

*55

87-

104

500

46%

46

18%

24

16 Ya May

a

60

46%

10

7%

18 1/8

37% Apr

124% May
4% Feb

25%

26%

46%

186

7%

7%

18%

July 16

Nov

*85%
*103

48

*172

7%

19%

99%

Simonds

19% Aug 27
32% Oct 15

57%

i
.

*36

118

43% Mar 20

Sep

;

18 Va

19%

2

32% Mar

.

57

38%

Jan

77

*55.
-

27%

40

38% Oct

86

86

27%

2

18

40%

103%

30% Jan

*38% Nov

46%

58

58

„_1

48% Jan

29

5,200

.

100

18%

Seeger

Sharon Steel Corp__

9% Jan

43%

50
183

48%
*173

185

46%

No par

40% Mar 27

93% Mar 25

23,600

18%

100

Co

43% Mar 16

17% Dec 23

28

&

24

2

-

5

38% Mar 31

10

4,800

6%

8Va

103%

38%

_5

Seaboard Oil Co of Del

42% Jan 30
May 28
10% Sep
8
29% Jan 29

32%

6%

No par

$4.50 preferred
Shamrock Oil & Gas_

107

32%

6%

18%

Servel Inc common

" Dec

32%

6%

18%

Refrigerator Co
Seiberling Rubber Co

7% Feb

43

32%

6%
49%

183a

100

9% Oct

16

33

181/2

—100

18% Jan

Oct

115%

18%

com__No par
Co—
-1

29

Apr

*113%

5,000

RR Co

3
2
62% Dec 10

7

115%

9i/g

preferred

Roebuck

*113%

97%

,

16% Sep

3

115

15c

(The)

103% Apr

„

500

41,300

115%.

Seagrave Corp

77

11%

47%

9

Co—-100

preferred

Seaboard

11%
47

8%

103%

...

11%
48%

*95

preferred

13

31% Feb 20

46%

.

11%

47%

115

100

preferred

Scranton Elec Co

15

33

48%
*175

3,400

3%

11%
48%

8%

8 %

87

1

49

175

175

60

6%

3%

3%

100

6,500

16,800

9Va

25

50% Feb

.

48%.

48%

32%

6%

6%

3%

3%

95

97%

5
—1.40

$4 preferred

4.40%
3.35%

12,100

9'/8

Scovill Mfg Co common

Oct

63

33

32%

.

6%

46%

118

————10

Paper Co common
$3.40 preferred

Seabd Air Line

16%

9'%

series Ait.

12% Feb

75

115

*S6

_5

Scott

22% Feb

27

16%

5

Corp
Schenley Industries Inc
Schering Corp

1

Feb

17

No par

Arms

116

30

16 3t,

9%

preferred__i._

conv

1,200

9%

common

1st pfd 4.40%

4.30%

11%
56%

9%

Paper Co common

3.65%

200

11%
55

9%

!

Sangamo Electric Co
Savage

29%

11%
57

1

Southwestern Jfcy

noncum

St Regis

*28%

*11%
*56%

9%

Preferred series A 5%-*.

9

24% Dec

114%

8

20

St Joseph Lead Co
10
St Joseph Light & Power Co_No par
St L San F Ry Co compion—No par

17

12

*112%

38%

'

preferred
10
4%% conv preferred————100

22

19% Jan

114%
32%

334

190

100

(The)

Apr

86

48

19%

4Vo

St Louis

29%

*28

U%

29

—1

common

(Jacob)

74
Apr
106% Feb

4
3

334

*11%

49%

*36

No par

Corp

Typewriter

117% Dec 23

75% Jan
67% Jan

3%
11%

48%

46%

_20

preferred series A—

Safeway Stores

21

92% Mar 10

86 % Apr

x60% Feb

49% May

&

4%

Ruppert

103

54

Rohm

36% Apr

8

29% Feb

4

613/4 Apr -, 7
17 Va Mar 23

9

10% Apr

1323/4 Feb
100

*6

57

17'%

*11%

8

1

24% Jan

23% Oct

95

3%
11%

*173

series A——50

preferred
Gas

7

17 Va

17%

49V*

103

Robertshaw-Fulton Controls

Rochester

29

Nov

11%
*56 %

'

24

19% Oct

Mar

*92%

11%

*84

Ronson Art Metal Works Inc

*38

17%

29

11%
57

17%

95 %

*55

common-

29

16% Jan

29%

11 %

18%

Mills

13

24% Apr

*

*56%

57

7

7

29%

29%
11%

18%

Robbins

Jan

Feb

1,000

6%

10% Jan

54

6%

7%

9

23

6%

6%

2

35% Oct

1,400

6%

*6%

*24%

Mar

99 % Feb 21

1,600

14%

56%

Apr

35% Nov 26

20%

14%

25%

Jan

107 % Nov 26

20%

14%

56%

Corp—.

99

9

203„

14%

*24%

Oil

Ritter Company

115

10

20%

14%

No par

Richfield

22

Oct

2034

14%

7

47%
*112%
32Va
6%
48%

Roan Antelope Copper Mines

Apr 23
18% Feb 15

99% Sep

20%

14%

14%

27%

155

84

21

*20% '

—1
No par

103

54

600

Manufacturing Co

Rheem

3

3

200

16%

23

100

1.

Jan

33%

16%

series

29

May

100

*33%

1634

20%

100

series

4.50%

Nov

110
x99

16

40

33 3 a

16%

21%

—-10

—/——

—

24
24

33% Jan

*39

33%

16%

20

1
-10

9% Dec

*

39

33%

16%

*39

*90

50c
10

Reynolds Spring Co
Reynolds (RJ) Tob class B

90% Jan

27

92% Apr 25

47

3

5

Jan

1

2

2

23% Mar

56
198

48

Feb

10% Jan

Jan

24

2

22

67% Jan 30
242

101% Jan

85

Feb

6% Apr

38

7

39

33 Ta

17

22%

13

35

40

34

17

20%

31% Apr
5% Feb

16

July 29

40

*33%

92%

pfd series A—100
Revere Copper & Brass
No par
Rexall Drug Inc
———2.50
Reynolds Metals Co com
No par
5%% convertible preferred—100

28% Jun

800

*38

22

prior

conv

1,600

92%

115% Mar 17

common

preferred

Motors Inc

6%

29

20

13

112

28 %

22%

Jan

3

29

22%

44% Feb

Jan

28%.

10,800

"

11%
*56%

Republic Steel Corp com„—No par

47% Dec 31

29%

2234

11% Mar 31

115

29

22%

52% Mar 17

24

30,100

22%

5

16

13

22%
3%

9

37% Oct

33 %

12%

1

28

108% Jun

33 %

13%

203%

3% Jan

15

33%

12%

9434

10% Jan

4% Apr

33%

133 a

20'%

11

5% Jan

6

3334

13%

*92%

10% Mar 29

10

Mar 18

23%

20'%

Republic Aviation Corp
Republic Pictures common
$1 convertible preferred—:

19

27%

20 Va

27

22% Nov

28'%

20

12

19

$4.50
Reo

27%

Va

19%

19% Jan

13% Jan

2

CO cr

33%

>

17%
*92%

23% Mar 10

23

Siiare3

Apr. :%

50c
25c

19% Feb
97

20

Jan

the Week

Friday

Apr.

—1

Remington-Rand

23

23

24

'

*29

5
100

series

pfd 3%%

19% Apr

24% Nov

48

Conv

16% Apr

3

172

,

92% Apr

19

5

Apr

31% Feb

& Co—-

dlv

2

16

13% Jan

3% Nov

55

$1.25

93% Dec 16

21% Jan

17% Oct
90% Feb

9% Jun

,

7% Mar 20

Inc

Bros

Rels (Robt)

7% Jan

28

Sales for

Thursday

Apr.

28%

28 %

1

Inc common

41% Feb
5
36
Mar 6
18% Mar 19

15

Wednesday

1

28%

Rayonier

preferred
—
25
Raytheon Mfg Co——--———5
Reading Co common
50
4% noncum 1st preferred
50
4Vo noncuin 2nd preferred—--50
Real Silk Hosiery Mills———
5

34% Jan

7

Apr.

Apr. 30

Par

EXCHANGE

PRICES

Tuesday

Monday

STOCK

YORK

NEW

Range Since Jan. 1

Year 1952

24 % May

LOW

No par

7%
*66

8

8

9 Va

55

55

*99%

100%

8%

8

55i%
100

8

553%
100

380
440

66%

66

66

66

*65%

661/2

260

26%

26%

26

26 Va

25 3

a

26%

25%

26'%

4.900

28%

28%

28%

28%

28 Va

28%

28

28%

8,500

*83

84

83

83

82

83

82

83

15

15

15

15%

15%

153%

15%

18%

18%

18%

183i

18%

18%

18%

108%

1093/g

1073%

110

1093g

110

66

,

16

18%
108V4

280

5,300
14,600

23,200

Volume 177

Number 5215

.

.

The Commercial and Financial Chronicle

.

(1811)

NEW YORK STOCK RECORD
Range for Previous
Lowest

Range Since Jan. 1

3

70% Oct

16

51

Apr

24

59% Jan

92

Mar 15

70% Apr

24

81% Jan

Jan

25

68

Apr

24

78% Jan - 5

Standard

Oil

22

34% Apr

23

38% Jan

Standard

Oil of

18

95

47% Jan

94

Jan

10

100% Sep

11% Oct

30

22% Feb

27

Jun

17

Oil

of

Standard

Oil

of

5

71

71

70%

71

69%

70'%

34%

35

34%

35 %

34%

100

'■■'94%

97

*94'/#

1

12%

12%

12%

12%

Steel; Spring common
1
convertible preferred—
50
Stanley Warner Corp———_5

24%

24%

24%

-24%

*58%

59%

59%

2

13% Mar 26
27

Mar 25

58% Jan

14

65

Mar 26

New

Jersey

Ohio

common—_10

15

Standard

12

of

Stand Ry

6

12

11% Mar

2

:3%%'preferred series A
equip Mfg Co——J
;4r/e

Nov~28

40% Feb"

5

45% Mar 27

Starrett Co

July

3

15% Jan

6

17% Mar 30

Sterchi

43% Jan

31

32% Apr

10

98

,

23

70

51%

Apr

30
8

90

34% Jan

28% Apr

•

27

;94% Jan

14

36% Jan

Mar 12

2

23

(The) L S—_:_—No

Bros

Stores

*

97

107.

10%

10%

10%

44

par

44

44

16%

16%

Sterling .Drug-Inc .common——__5
;3%% 1 preferred
—100

33%

33%

33%

90%

90'%

*90%

Stevens

29%

30

(J P)

& CO

Inc—_15

; *16 7a-

52

70%

717a

19,900

68%

69%

68

68%

54,600

34%

347a

34%

35

11,000

*94'A

•

96

*94

12%

12%

24%

24%
59%

■'■10%

24%

*583A

.

29%

-

10%

10

10

8,500

44

44

44

2,600

!

*16%

16%

16%

163A

33%

33'A

33

33'%

90%* 90%-

90%

90 y8

30%

29

29%

28%

29

20%

21

15%

15%

147.

14%

167a

167a

*167a

•

16%

167a

327B

33..
907a

6,100

287.

287a

5,600

207a

207a

5,700

15%

15%

1,400

14'A

143A

22% Dec

17% Sep
2
16% Jun- 10

15

Apr

14

Alar 31

18

21

16% Jan

7

17 % Mar

6

25% Apr

24

28% Jan-

9

Stone 4: Webster——No par

25%

26

34 % Apr

25%

26

31

25'A

24

25%

25 %

43% Feb

2

Studebaker

35

36

35%

36

28% Apr

34%

35%

24

347a

34%

29

9.% Jan

2

*90

25%'
29%

23

Jan

8

31% Feb

5

30% Aug

j

40% Dec

26% May 20
8% Nov

' 4

35% Dec

31

10% Jan

21

101 % Jun

27

17

96 ,' Apr

-

95;

l

-79% Jan

3

94% Jan

29

73

114% Jan

8

119% Feb

15

113

.18% Oct

6

22%. Jan 28

22% Dec

.24% Apr

3

24% Jun

18

26% Apr

.

2

.15% Mar 11
6

'35% Jan

5

10% Mar 13

Stewart-Warner
Stix

1

May

8% Oct

70% Dec
11% Jan

16

490

Oct

17

19

Oct

22% Apr

11
18

570

Sunbeam
Sun

14

30

27% Jan

26

26'% Aug

26

25

102% Jan

2

112% Nov

24

10% Jan

24

14% Dec

15

30% Oct 30

35% Jan

22

32% May

81% Jan
102

May

2

.41% Dec

14

89

1

115

5% Oct

23

137a Jan

13

4

21%

21%

71% Apr 22
10% Jun
600'

29

Mar 27

22% Jan

20

15% Apr

15

.39% Mar 18

33% Apr

7

82

2

85% Jan

5%%

.

2

Jan

5*

7% Feb

.

25

157a Mar 25

5

pfd

ser
'

'

'

&

:$4

Co—v————25

preferred

"84.40

(conv)—.

Gould Corp

Symington

Talcott Inc

277a Oct

15

327a Oct

607a Jan

16

128

Oct

86

31

Dec

16

135

116

138

24

Jan

8

Dec

30

3274 Jan

24

4674 Nov

19

Apr
423A Jan

10 7a Nov

17

18 3A Jan

2

107a Feb

13

15% Apr

Mar

24

157a Nov 14

„

18*7. Feb'

7

«

127a Oct

31

15 3A Feb

7

:

357a Dec

29

43% Feb

14

2

•

Jan

&

6

1772 Jan

20

147a Mar 10
-42

5

$1.25

9%
9%
*540,
550
'
19
197a
26%
26%
*108% 10974
14%
15*/t»

6%

10

8

Nov

26

127a Feb

41

Nov

25

48

Feb

4

Jan

,% Nov 10
87» Jan

4274 May
917a Jan
2

Jun

11

1

9

98% July

..."

17

4

2274 Jun 25

1% Jan 15
1272 Jan. 2

8
.

16

1

3

18

Oct

15
23

Xl0% Jan

July 28

2

8.

217a Apr

15

9

167. Oct

23

3

22% Nov 18

28

7

137a Jan

8

1778 Dec

Jan

10

1123A Dec

15% Jan

3

2174 Feb

15

40% May 19
16% Aug 25
477a Aug 25

44% Feb

22

107a Oct

21% Dec

•

*108%

109 V*

108 %

108 %

;

1478
37%

26

1474

36 3A

37%

34%

343/a

84%

67a

14%

600

37

'

4,000

„

527a

,,

93%

10

40

413/a

40

417a

387a

407a

38

1

127

130

123

100

1227a

124

>124

—No par

453A

46

46

10%

11

10%

14,7a

34%

8572

14%

147a

34%

85%

130

122

127 7a

common—-li—

r'

124

6%

14%

67a

*14%

14%

'16%
137a" 13%

*16%

10%

105/8

42%

423/4

53%

527a

533/8

487a

51

48%

497a

33,700

91%

93

9074

90%

:

39

38

38%

15,400

124.

116

1217*

116

107a

par

16 74

1374

137a
*38 7a

39%

1074

107*

.■

,

■

45

10%

10 3/8

15%

900

16

1674
137a

*387a

397a

•

*133/8

4.000

,

9,500
500

13%

7 38%

5,200

10,900

107/a

13%
1

,

21,000

-

45%

167a

-

1

137e

39%

46

107a

167*

13%

45%

-

3,600
2,400

117

,107/a

*3874

v

11974

120

46%

167a

*1674

39%

100

11.

42Va

53

124

10 3/4

3,800

107*

■'

11

1,500
'

115

45%

90
"

105

42%

«

125

4674

15,500

857a

105

,

537a

*38%

90

147a

105%. 10674
67a
67a

9374

:No par

1,100

367a

345/a

*84

1

106 %

6%

7

34%

85

105%

537a

*—I———No

30%

2,100
>

260

■

ioy4

107a

*10

10%

'■

107a

1

77.

77a

7%

774

77*

7%

'772

77a

*40%:

4174

*403/4

4174

*407*

41%

*403/4

*1074

41%

Co

1,000

2674
1087a

108

* 14 %

,

400

19

*18 7a

convertible preferred-..—50
tThird Avenue Transit Corp_No par

.

-

2% Mar 25

147a Mar 12

.6174 Mar 26
97% Jan
2

7

24

Mar 31

37a Jan

28

$2.50

2774 Mar 25

*2 7a

12%

1274

5

537a

537/a

90

90

4%.. preferred
——100
Thompson-Starrett.Co com.-No par
—

107a,

7%

-

400

75/8

•

*2%
*127*

5274
90

2%
13

527a

54
90

90
r

-

•'■■

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■Li
!

?

53
90

27*

1274

'

*

52

.

"2
<

1274

2,300

■

*89 <

27/«
27%

*2774

287a

23

23%.

233/a

2374

.J—:—5.

22 74

22%

227a

2274

22%

227a

22%

223/8

Bearing——No par

42 3/4

43%

43%

4374

43

437a

42%

43%

*

12%

12%

12%

12%

127a

12%

12%

'12%

'

2674

27%

27%

2774

27%

26%

267/a

Oil

Tide Water-Associated

Tjmken-Detroit Axje

5

Timken

2%

*2 7/a

*2774
23
,

3

.:

237a

2%

2%

27%

28%

273/a

227a
;

700

2%
1274

/

52%

•

27/a

2%:

i

51%

277a

—

41 %,

-*12%

52%
/90

90

j

*403/t

No par
—10

preference-

$3.50

■

2%

*1274 <13 7a

2%

15

4

2574 Mar

*2%

(J R)„__a———

Thompson Products- Inc com.

Thompson

29% Mar 27

Roller

463A Jan

12% Jan

12

137a Mar 25

Toledo

25% Jan

22

297a Mar 19

Transamerica

177a Apr

23

207a Feb

Trans

21

Apr

24

25

Feb

2

15

Apr

24

17% Jan

27

109% Apr

>
.

9

15

13

11274 Feb

16

25

16%

Jan

2

-20% Jan

30

44

■

Jan

'6

4774 Feb

4

20

Apr

23

24% Jan

301

10

59

Jan

7

6974 Jan

30

13% Jan

2

19 74 Mar 25

9

11% Jan

15

13% Apr

17

Jan

31

38

Dec

11

36 3A Jan

7

4174 Feb

16

7% Dec

22

127a Jan

7

77a Apr

23

Oct

16

157a Feb

2

97a Mar 20

Edison

7

"*•"/

1.

*'

'*

200

5,400

917a

150

27/a

1,800

27%

600

2%
27

21%

2274

227a

19,500

22

22 7a

6,300

41%

43

5,700

12%

12%

6,700

25%

-

26%

20,200

preferred

'

2

Corp

17%

17%

74

; 17%

1774

17%

17%

177a-

l73/4

227a

22 7a

*217a

22 7a

*21%

227a

2174

21%

21

21

1

157a

157a

153/e

157a

15 74

15%

15 7.

15%

15

157a

No par

10974

1107a

1097,

1107a

,110

11074

600

3,500

common

——

110

18

110

1

18

18

17%

18 74

(conv)—'—50

Preferred series A

*45

46

45

45

17%
*45

110

17%

177a

17%

17%

45

45

45

45

207a

2074

207a

203/a

20

*56%

587a

*56%

587a

*56

177a

1674 1.-1774

J16%

16%

13 7a

*39 7a

7%

1

300

'

207a
587a

167a

Film new—
1Twin City Rap Transit com—No par
5% conv prior preferred—.
50

400

21,900

177a

46

2074

20th Century Fox

Co—_—

110

3,500

'

*56 7a

Tung-Sol Electric Co common——1
Conv 5% series of 1952
50

Coach

v

17 7a

Steel-i-Nd par

Truax-Traer Coal Co common

Twin

2774

5

Inc—£_

Williams

&

5

'•

Corp ;_i„—1—'

Tri-Continental
$6

(!The)_I_—«

Co

World Airlines

Transue

25

16

1272 Dec

26 74

Thermoid

60% Dec

874 July 15
29

19%

14

-147a Dec

27

183A
26%

27

413/aApr.24

15

105

May

19%
26%

*14%

535

'

27% Mar 12

233A Jan

19'A

50%

prefeiTed:

—

8%
*505

26%

9374

74

9%

545

Feb

•.

x2l% Jan

Fair

5,000

527a

$2.40 conv preference—_—No par

The

Y.800

9

'

87a
535

9 Vb Jan
44

*

4

Jan

12% Dec

3

Dec,

49

Apr: 20

23A Jan .'

'

23%

90

24

'■26% Feb 10

July 28
24% July
7

22

18%. Apr

51% Apr

»

'

31

397a Oct

1272 Jan
j

40% Feb. 16

18

597a Dec

9% Apr 17
77a Apr .17

9%
550

■

15

157a Feb

1

7

1,000

71

"

6%

Si

143A Jan 22

9%
550

37%

37%
377/a
33%
34%
*83%
8474
105% 106

1

10% Oct

2074

703A

5374

common—-1—___50c

conv

20 3A

71

517a

Thatcher Glass Mfg Co common—5

Mar 26

20%

70%

53%

Pacific Ry Co—^

Inc

Textron

71%

Trust—

Utilities Co—

127a Mar

127a Jan s 2
37

Texas
Texas

71

71

»

937a

certificates—:

9

477a Mar 19

11

71

20%

93%

Land

share

^Sub

21%

120

*

52 %

Pacific

23

21%

2,900

200

53%

6

Jan

21%,

113

v

24%

9334

Sulphur—i—No par

113

113%

73

*2474

517a

Coal

165

*21%

70%

73

24%

53 7a

Pacific

23

2,900

74

*24'A

11%

Texas

Apr

24 y4

427*

24

115

24'A

423/4

42% Feb

1957a Mar 28

24%

.1174

Oil—2

2,500

97a
98 7a

43,100

4274

—•

&

29%

9%

18%

427a

Gulf

3672 Apr

28%

177a

43

Texas

5

27,500

.

18% -19%

427a

1

Jan

347a

*96%

"

19%

*

5

58

4,700

34%

9%.

113%
•

19 %

11%

,547# Apr

24

114

'

15

110% Jan

3

*113

19%

11%

2

47% Mar

7

114

19%

*14 7a

24

34

.

257#

.

98%

73 3A

11%

(James)'-———

Telautograph1 Corp

75

14%

Jan

527a Apr

116% July 14
46% Jan 12

16

74

1174

9074 Apr

29

37

16

10074 Apr

Apr

127a Feb

20

9 '/a

.

*96'A

*1474

9
8
Tennessee Corp
5
Texas Co —i—7-——1~—-—25
Texas Gulf Producing Co
r—10

872 Jan

,

£8%

76

"

33%
337/a
83
83
104% 105%
0%
6%

_i7.50
No par
No par
1

—

pfd

cum

9%.

*96%

*24%

1£%-

9'A
9%
545
545
*19%
19%
26% * 26%
108% 109
/
14%
14%
377*
37%

10c

Sylvania Elec'Prod Inc com

29%

r

9%

.

*113

-114

70

Superior Oil of California——_25
Superior. Steel Corp——
50
Sutherland Paper Co common——5
*4.40% preferred a.——.
100
Sweets Co of America'(The)_14.16%
Swift

29%

.

..

75

*

bo———-—

Sunsnine Mining

76

*

—12.50

Sunshine Biscuits Inc.

5

40

2nd

conv

'

26

111% Jan

41

29'%

1950—20

103% Mar 31

16

29%

24%

110% Mar 27

23

29%

*24%

*113

100

5257a

'

Texas

9% Dec

467a Dec

29%-

25

7

Jan'

par

jpreferred series A---

2

14

1

1,100

17

"

19%

23% Mar 26

17
'

Sunray Oil Corp common—l______1

'%re,$4.50 sei%s/A "preferred—-No

26

13

1574 Nov 28

4% Mar 11

34% May 19
507a Oct 16

*16%

6

24% Jan

7

67# Jan

17

;21% Mar 25

Jan

5

12% Jan

7% Jan 21

*16%

75%

2

Jan

17

Sun Oil-Co commoft——J—No par
Class A 4%
preferred—100

•

35% Jan

.•

*16%

1

9%

.27% Mar 19

;

14%

98%

14

4

Dec

15%

14%

9%

105% Jan

%• Aug 25

21%

15%

14%

*96%

117

23

Jan

21

15%

*14%:

9%

6

18% Apr

24

21%

15%

14%

20

Cdrp common

21%

15%

14%

98%

23

Apr

Chemical

21

15%

1

Corp li—„—
Corp —i__„No

21

5

9%

2

8% Jan
535

Apr

_5

Co—:_1

*96%

2

82% Jan

7

66% Feb

Corp.—L—:

Fuller

&

^1

Feb

'

63

Baer

Stokely-Van Camp Inc common
5fe prior preference—

par

99

24

Jan

20% Apr

3

23% Feb " 2
'17% Feb'

Apr 24
Apr

.24

220

"

Mar 20

17% Apr

16

'

'700
'

.:
-

10

Feb

300

10

23

16% Nov 21

60

43%

14% Nov

6

2,700

90%

1

20% Apr " 6

1,800

247a

*587a

10 Vb

18%-May ' l

30

127a

247a

•

60

13% Oct

•;

97

1274

33%
>

29,000

44

43%

16%

-

12%

24%

44

1

Inc_ivI

51

71%

59%

-

Shares

51%

97

12%
■

the Week

Apr. 24

35

*94

59%-;

Friday

Apr. 23

72%

Apr
12% Jan

5

72%

Sales for

Thursday

53%

24% Jan

100% Jan

53%

72

PRICES

Apr. 22

71%

44 % Jan

22

53

SALE

Wednesday
51%

5

■.

HIGH

Apr. 21

72%

17

32% Oct 29

California—No par
Indiana—
25

AND

Tuesday

Apr. 20

53% '

45

;

Monday
Par

72%

61% Nov

36% May "2
13% Mar 24

STOCK

53%

10

9% Mar

Dec

Standard

2

15% Jan
•

6

32Oct

5
'

27 Yb Nov

'

.»'

-Si

YORK

LOW

EXCHANGE

85

'

23

53

NEW

Highest

64 'A July 23

Oct 16

35% Oct

\

Lowest

Highest

50 la Jan

72

Continued—Page 11

STOCKS

Year 1952

2074

20

167a

r

20

*55

58

16%

57

167a

2,200

16%

27,600
3,600

13%

13%

137a

13%

13%

137a

137a

13 7a

13%

7a

40%

41

40

4072

40

40%

40%

4074

600

7%

774

774

73A

7%

1,900

40

IVa

73/4

7%

7%

U
12

4

47% Oct

117a Jun

567a Feb

,4

4674 Apr

24

5574 Jan

15

14% Aug

6

127a Feb

6

1374 Jan

8

45

26

50

Jan

2

27

72% Dec

30

24% Dec

15

23

Dec

30

104

Jan

2

111

9

98

917a Jun

657a

663/8

66

667a

657a

653/4

647a

64%

6474

653/4

16,100

Jan

22

Union

Elec Co of Mo common-—10

22%

22%

2,400

102%

102%

24 72 Mar

110

Jan

Preferred

$4.50

series——No par

102

97

Jan

Preferred

$3.70

series

No par

*89

84

Feb

873/4 Jan

Preferred

$3.50

series

No par

83

Apr

23

No pan

*96

373/4 Jan

12

Apr

11

100

Preferred $4

Jan

437a Mar 23

24

11574 Jan

5

Oil

Union

Pacific RR Co

6

7

5074 Jan

6

46% Mar 26

Union

4074 Mar 20

United

57% Oct

17

2

-

11

4

133/4 Jan

2

107

Jan

21

163/4 Mar 20'

5374 Apr

7

617a Jan

5

2872 Jan

16

317a Feb

11

37a Apr

22

474 Feb

24

Feb

47a Apr 25

2

697a July 9
53/a Mar 21

57* Nov 19

107a

21

74

Feb

67

5

11

Feb

21% Jan

15

18

537a Oct 30
247, Jan
2

64 3% Jan

30

297a Aug
343/4 Sep

19

15% Jan

May

49

2

Apr 20

53/4 Feb

8

15% Dec 22

147a Oct 22

Jan

24

86

25

Air

Lines

Preferred 472%

United

Biscuit

of

United

United

.

convertible preferred

17% Jan

8

United

Electric

167a Feb

2

United

Engineering .& Foundry

517a Apr
267/a Apr

23

58 Vk Jan

14

United

Fruit

24

30

Mar 27

317a Jan

15

377/« Feb

2

11 % Apr

22

1

513/4 Apr
9772 Jan

24

65

14

101

9

11

73
Apr
102% Aug

7

2

317* Dec

31

19

May

101% Feb 20
167

Jan

8

16

Jan

9

61-

Mar 19

119

9% Dec

5

179
.

Aug 27
May 9

26

Mar 31

22

120

15

175

Apr
24% Apr

66

Sep

8

63

Jan

2

25% Jan

2

107a Jan

12

For footnote*

gee

page 28




24

55

*3074
37/a

757a

Cos

r

147a

10072

35%
103

987/»
*35%
*102

14 78

15

15

563/4

55%

567a

543/4

31%

*30%

313%

31

4

35%

'
(

*
„

57a

7%

*61%
*

2.800

30

1,200

57a

57a

5 7a

574

57a

5 7a

25,500

73/a

*7 7a

73/a

7

77a

63/4

63/4

500

*14

3%

3%
75

74%

14

1472

*7 7a

14%

*617a

63

61

14

14

14

1472

14%

14%

United

12 7e

12%

11%

1274

11%

12

5

U

Foreign Securities

Feb

9
,

7

No par

474%

No par
No par
___

U S Leather Co

75

33/4
75

*57%

14%

1474

*14

14%

1474

61

160

60

14%

1,200

1474

2,400

21,000

1

3

_

33/4
75

60

59

61%
147a

14%

s

_20
_10O
5
100
No par

527a

53%
*100

2672

1103/i
*165

2572
*67

127a

54

54

1017a
267a

110%
169

*

.

*100

•

,

26%
111

*165

5472.
102

26%
1113/4
169

537a
*100

26%
109%
*165

54%
102

2672
110

169

513/4

52 3/8

27

2774

26%

273/8

35%

357a

3574

35%

13,700
5,300

11%

537a

_

10,000

35/a
*7478

57a

277a
353/4

_

.

37a

52%

_

3%

143/4

7572

35%

Machinery com
preferred

400

54

27%

Co common

1,000

30

2772

preferred

„

53%

353/4

7%

35

305/a

537a

U S Hoffman

1,200

97

103

54%

35%

20

343/4
*102

15,800

273/4

54%

53

23

96

357»
103

600

103

29»/a

2774

Mar 16

96

35%
*102

15,200

543/4

27%

U S Gypsum

27%

2,300

33%

31

53%

1st preferred
Freight Co—

103

2874

45

*14%

353/4

S

103

700

4772
,

143/4

277a

S &

31%

3,900

*74%
5

63

133/4

5

$4.50

445/e

3374

10,500

143/4

3572

U

47%

45

50

38%

38%
106

47%

95
,

95%
10672

*93

393/a
108

45

27%

14%

—^—10

5

150

"

—No par

Corp_„

86

477a

103

99

103

—-

*8372

374

757a

*7 7a

5
1

357a
*102

5

100

_

*9974

3474
104

91%

32%

,
*

285/a

Gas Improvement Co—137a
Merch & Mfrs Inc—
1

Mar 26

137a Apr

103%

28

Gas

3574 Jan
68

103%

United

Jan

Jan

33%

United

3174 Jan

169

2

45%

337a

10

137/a Mar

10972 Apr

27% Dec

477a

45

14%

Dye & Chemical Corp com_l

2

96% Jan

477a

443%

3474

477a

10072

._1

22

547. Jan

4778

4474
33%

343/4

100

20

,

38%
1073/4

4772

*89

94

39%

34

130

91%
85

94

96%

10272
.

85

85

443/4

*102

10

*89

109%

10072

United

95%

223/8

102 72

91%

39%

29

974 Mar 13

85

2274

23

102%

10872

104

—No par

Jan

6

40

28%

No par

Corp„

Co——

96%

*89

1093%

*10374

.—No par

Coal

393/a
108%

287a

Corp (Del)

preferred

*96

39%

1037a

United

7%

96%
108

86

273/4

53/0 Jan 29
727a Mar 13

*85

'10374

Cig-Whelan Stores com„30c

$3.50

87

10

No par

•

Carbon Co—:

22%

10172

*89

477a
33 7a

series of 1952-100
America

United-Carr Fastener

22%

103
9172

91%

100

common

$4.50 preferred -J
United Board & Carton

227/a

*10274

223/4
102

*4474

5?

preferred

Inc

1

307a July 26
12% Oct 24

1077a

Car Co——No par

1374 Apr
1474 Apr

7

39%

50

common

Aircraft Corp common-

convertible

5%

18

6

Tank

United

30

377a Feb

10472 Mar 25

11

7

Oct

10472 Jan

19

707a Mar 19

Feb

47

23

Apr
343/a Feb

18

32% Mar 25

of: California^

noncumulative preferred:—50

4%

29

24

95

16

July 25

43/4 Jan

50

106% Jan

2774 Apr

337a Feb

267a Nov 12
33/. Feb

30

seriqs—

Union

31% Apr 24
1027a Mar 12

17'/a Feb

223/4

22

46% Apr

17

Carbon—_No par

Mar 20

4074 Jan

Nov

&

94

12
31

xl3

600

4,700

Carbide

25

Sep

3,400

Union

2

387a Dec

37 y4

2,400
*

72% Feb

5074 Nov

,104 7a Dec

123/4

23

427a Aug

;T07

12%
47

12 3/4

453/8

1

8

12%
46%

12%

45

1

1
3074 Jan 21

13
47

12%

46

4

9174 May

13

467a

127s.

45%

28

101% Jan

13

47%

127a

4672

457a Jan

33% Jan

13
47

127a

46

377a May

1

137a
47

47

94

247a May

13%
47

22

5

Jan

*127a
463/4

106

107

123/4
463/4

21

J

47

127a

467a

457a July 9
1217a Mar 31

101% Jan

13

46%

Bag & Paper Corp———20

104

May

123/4

—No par
Co
5

Union

15

Apr

Rubber

497a Mar 20

16
2

&

24

Jan

Jan

—1

Corp

Union Asbestos

Apr

357a Oct
100

Underwood

1017a Apr

July 31

837a Jan 25

Udylite Corp (The),

64% Apr

Apr 30

May

94

2

3

57

93

14% Feb

30

43% Jun
Feb

12% Apr 14

12 7a

117a

12

24,200

5172
„

52%

26%
109%
"

513/4

52 74

100

102

*100

*164

52 3%

,

26

2574

257a

25

257a

2474

67

67

67

67

67

67

13

1374

137a

13%

13%

50

1,500

110

2,000

*164

168

243/a

2574

687a

137a

8,400

*109

110

168

5272
100

27

267s

26%

137a

*

24%

66 72

68

13

137a

4,500
400

13,900

27

28

The Commercial and Financial Chronicle... Monday,
April 27, 1953

(1812)

NEW YORK STOCK RECORD

Highest

Lowest

18% Jan

3

23 Va July 21

8% Nov 24

x7% Dec

9

35% Oct

23

39% Dec

56

67

8

20

Jan

2

7% Apr
37

9

17

Apr

10
20
10
1
100
100

preferred

4%%

26

Jan

Pipe & Foundry Co

U S

40% Mar 17

Sep

19

6

U

26% Oct

16

34% Mar 21

28% Jan

20

32% Feb

2

U S Plywood Corp common

x81% Jun

17

90

Mar 28

81 % Apr

21

85% Jan

5

90% Dec

31

Feb

20

97% Apr

22% Oct

16

30% Dec

27% Apr

g

31% Jan

6
2

136% Jan

2

146% Feb

53

Oct

61

Jan

37% Oct

Jan

4

102% Jan 31

31

91

23

30

87% Mar 29
68% May 29

52% Apr
61 % Apr

23

3

14

66% Feb

31

24

44% Jan

23

42% Dec
144
23

Jan 24
13

Feb

8% Dec

24

May 18
7% Apr 10
10% Jan 11

X87% Oct

22

94

2% Apr 23
24% July 25

27

Jun 27

4% Jan

28

8

19% Jan

41

144% Jan
21% Feb

26

37% Mar 27

7% Mar

9

5

9% Mar 19

84

Jan

Mar

4

3

Feb

19

Feb

13

2

3% Jan

1% Jan

5

21% May 27

26% Dec

22% Jan

14

23

May

2

156

Jan

14

11

Apr

24

57

May 23

28% Apr

15

Jan

8

34

6
13% Nov
27% Oct 30

Dec

12

23% Apr

23

10

116

Apr

116

Apr

17
3

24% Oct

1

87% Sep
9
18% Oct 24
119

Aug
14% Dec 16

July 28

33% Dec

23

45% Aug 14
4

17% Jan
31

Jan

Mar 18

4

Mar 19

29% Mar 12
2% Mar

24% Feb

2
28

26% Mar 26

16

15% Jan 23
25% Dec

9

129

Dec

11

127

Oct 31

9

156% Apr

23

Feb

2

16% Mar 25

Jan

7

65

31% Apr

24

38% Feb

18

14% Jan

7

14

61

28

167

Feb

17

Mar 25

34% Mar 25

1st

noncum

Corp of Amerlca„No par

9% Apr
23 % Apr

25

Jan

9

128

Apr

27% Jan

27% Dec 31

24% Apr

116% Nov 20

110% Apr

103% May 2
103% Dec 15

8

24

27% Jan
114 '/a Jan

100

Jan

8

96

Apr

20

100

Jan

23

35% Feb
30
Feb

19

22

33% Apr
X27% Jan

24

37% Jan

4

31% Apr

24

14

31

Jun

13

27% Apr

22

36% Mar

39% Feb

35% May 22
16% Apr
8
28% Mar 5

44% Jan

11

Jan

18

16% Jan

13

18

31% Oct

a

28% Apr

23

30

55

68 V* Dec

29

62

Apr

23
12

5

Mar

Jan

97%

*96%

28%

28%

28%

134%

135%

135%

55%

56%

96

96

28%

27%

28%

32,600

134%

132%

133%

1,390

52%

53%

135

135%

133

*61

53%

61%

55%
61%

39%

38"%

39%

38%

139%

139%

139%

139%

139%

19%

7

9

9%

*86
3
*25%
2%

23%
*25

158
16

63%
*32

*37%

9%

89

*86%

3

40%

20

19%

20
38

9%
89

3

3
27

2%
*23%

25%

*25

158

*156

15%

*63%
32%

41%

2%
24

41

16%
64

32%

9

9%

3

2
2
4

IS

20

2%

2%

24%

24%

com__100

*126

127%

*126
25%

100

*90%

No par

20%

20%

*121
25%
111
*93

124
25%
111%
95

preferred

div

24%

*126
127%
*126
127
25%
25%
*90%
92

127
25%
92

3

*25%

2%

25%

2%

*23%

25%

156%

157%

15%

64

63%

32%

32

24%

*25

♦156%

16

100

3

7,600

26%

100

2%

7,900

24

25%
160

15%

15%

63%

*62%

63%

32%

32%

32

39%

40

41

200
700

110

8,600
40

2,300

6,600

15%

9%

14%

14%

800

31%

30%

24%

87

*30%

30%

2,300

10

24%

9%

10

24%

24

24%

*126

127%

*126

127%

*126

127

*126

127

*126

11,200

127%

*126
25%

127

25%

25%

24%

25%

92

90%

90%

*90%

92%

20

20%

18%

19%

18%

19%

5,600

19%

*121
123
25%
25%
111
111%
,.\
*92%
95

*121%
24%

123%
25%
111

111

2,600

25%

*90%

20%

20%

*83%

24

15%

10

noncumulative preferred—100

2,700

25

10

40
400

9%

157

10%

2,800

9%

25

32%

38%
6%

157

*63%

20

6%

3

*23%

15%

2,900

19%

27

2%

23%

139%

*38

87

3

*25%

23%

58,500

9%

*83%

3

26%

200

38%

7

9%

86%

86%

*25%

6,100

62%

139%

38%

*6%

7

90

38 %

139%

♦38

*6%

*61

39

20

38

27

27
2%
23%
25%
158
16%
64
32%

54%
62'%

52%

38%
7%

*7

240

96%

28%

62%

19%

9,200

96

39%

39

300

29%
84

28%

*60%

6%

59%

*80

97

61 %

19%

2,600

28%

39%

*37%

7,500

7%
38

96%

61 %

140

28%

84

Shares

28%

38%
139%

59%

29%

*80

20%

the Week

97%
136
57

56

59%

29

84

10
24%

6%

2

14

*96%

58%

30%

29%
*80

10%

3%%

5

23

Apr

98% Jan

18

Mar 20

94

30%
82

9%

partic preferred
100
Virginia Elec & Power Co corn—10
$5 preferred
100
$4.04 dividend preferred
100
$4.20 dividend preferred
100
Virginia Ry Co common
25
6% preferred
,.25
Visking Corp (The)..:
5
Vulcan Detinning Co common
10
7% preferred
20

2

30%

81%

40

8

8

30%

*15

130% Jan

Mar 12

59%
82

30%
*80

15%

24

21% Jan
110% Jan

37%

41%

Va-Carolina Chemical com

Apr

*7%

37%

31%

8

120

7%

37%

59

15%

25% Jan

19

*7%

37%

*58%

40%

20

137% Jan

7%

37%

59%

31%

23

6

*7%

37%

42
15%

18% Apr

92

*7%
37%
*58%

31%

24"% Apr

24

7%
37%

15%

5%

20%

*7%

Victor Chemical Works common—5

13

Apr. 24

20%

37'/a
*58%

31

90% Jan

Jan

20%

15%

2

32

21

7%

31%

93% Apr 29
19

29% Jan

20%

Friday

Apr. 23

15%

Inc

Vicks Shreve & Pacific Ry

Mar 19

127

Apr

21%

Sales for

Thursday

Vertientes-Camaguey Sugar Co—6%
Vick Chemical Co
2.50

6

125% Feb

21%

21%

21%

SALE PRICES

Apr. 22

31%

Norman Co

Raalte Co

126

HIGH

Wednesday

2.50

Van
Van

10% Jan

AND

Apr. 21

.—10

Vanadium

45% Mar 23
17% Mar 23

32% Mar 25

Jan

Nov

95

90

24% Feb

26% Jan
169

65

3

2

25

19

Jan

39% Jan 29

6% Jan

5
100

preferred
U S Smelting Ref & Min com—50
7% preferred
50
U S Steel Corp common
No par
7% preferred
-100
U S Tobacco Co common
No par
7% noncumulative preferred—25
United Stockyards Corp
1
United Stores $4.20 noncu 2d pfd-5
$6 convertible preferred—No par
United Wall Paper Inc common__2
4%
convertible preferred
50
Universal
American Corp
1
Universal-Cyclops Steel Corp
—1
Universal Leaf Tobacco com_No par
8%
preferred
100
Universal Pictures Co Inc com
1
4%%
preferred
100
Utah Power & Light Co
No par

2

20

139% Apr

preferred series A
preferred series B

Rubber Co common

S

8%

S

67% Jan

Playing Card Co

3%%
U

2

38% Apr

S

3%%

144% Mar 11

24

20

% Sep

Mar

132% Apr

36% July 25
5% Jan
7

1

64

6

138 % May 16

19% Oct

58% Apr

Tuesday

Apr. 20

Par

common—-———1

U S Lines Co

22

22% Jan
8

Monday

EXCHANGE

Highest

Lowest

STOCK

NEW YORK

Range Since Jan. 1

Year 1952

Continued—Page 12
LOW

STOCKS

for Previous

Ban gt

121

121%

120

121

2,600

600

24%

24%

24%

24%

8,100

110%

110%

110%

110%

240

95

*92

95

*92

95

96

*94

96

96

96

*94

95

32%
27%
*36%
17
*28%

32%
28

*32%

32%

*32%

32%

31%

32%

1,300

27"%

27%

27%

27%

27%

1,400

37
17

27%
*36%
*16%

37

3G%

36%

36%

200

17

16%

17

*16%

17%

500

29%

96
33
28

*92%

29%

*28%

29%

28%

28%

*28

28%

100

63

62%

62%

62

62

62

400

96

33
28%
37
17

*36%
17

*28%

•

96

36%

100

W
Apr 17

11% Jan
27

Nov

42'A Apr

6

12'A Jan

13% Mar 10

Waldorf

14

27 % Apr

1 !

29% Jan

9

51% Jan

7

44 % Jan

2

47% Feb

26

Walgreen Co
Walker (Hiram)

7% Apr
18% Jan

20

Fob

27

Walworth

29
22

10% Jan

30

11

21% Dec

3

12

104% Dec

5

100

15

Oct

22

25

Jun

3

20%

27% May 15
25% Jan
4

37

24% Oct

28

23

l

Jan~30

35% Jan 30
Dec

30

31% Sep

3

2

Mar 10

9

14% Apr

24

16% Feb

13

Warner-Hudnut

25

13

33 % Mar 19

Warren

Foundry

37% Feb

26

Warren

Peti oleum

Jan

5

9

31

20

26% Apr
16% Feb

24

3"

18% Jan 21

11

17% Apr

24% Dec

13%

13%

*13%

133/s

*13 Va

13%

27%

*27%

27%

*27%

27%

27%

27%

400

45

45%

45%

45%

45%

44%

45

443A

443/4

3,400

No par
2.50

Warner

32% Feb

13%

*27%

Co

16

30

13%

1
100

preferred

17% Apr

Apr

Dec 31

5 %%

5

Feb

*62%

13'A
27%

G & W

4

Mar

62%

27%

Ward Baking Co common

24% Mar 17
105

62%
*13'/a

preferred

Feb

15

May

System

12% Aug

29% Jan

Dec

16

RR 4%%

2

17% Jan
Jan

Wabash

100
No par
10

2

24

98

8

70 y4 Mar

Pictures

Bros

Inc

16%

1

*15'/a

No par
3

30

30

34%

Pipe

&

28 Vs

28%

27%

28 y8

27%

27%

26%

27%

17>/B

17%

17%

17

17

16%

16%

5

22%

22%

22%

22%

*22

1

*11"%

12

11%

11%

11%

11%

*11%

26

3

13

16

9

6

24 % Apr

.24

28% Jan

2
2

106% Mar 18

41% Jan
37% Deo

3

96% Jan

2

110% Sep
5
103% Apr 18

98

9

102

Jan

12

Sep

72

Feb

7

17

16% Jan 29

Jun

6

106% Jan

8

84
Aug
1
109% July IS

9% Oct

15

15% Jan

7

46% Apr 30

56% Dec

IS

18

26% Dec 23

Oct

22

34% Oct 21

46% Feb 20
89

Mar

37

Oct

4

16

24% May 14
35% Feb

20

95% Jan

2

34

127

Jan

23

Mar 2o

32

Oct

30

80

Oct

47

Dec

18

64% Dec 12
Oct

33% Apr

24

Apr

21

Apr

14

102

93

Apr

22

13% Apr

20

73

14

82

106% Mar 16

109

Apr

25

24%

24%

24%

24%
35%

24%

■■243/4

24'/B

24%

6,500

West Penn

Electric

Co

No par

West Penn Power

4'/a% pfd
preferred series B
4.10% preferred series C
West Virginia Coal & Coke
West Va Pulp & Paper com__No

4.20%

Jan

15

99% Jan

15

16% Jan

15

Jan

8

Jan

S

12% Jan

8

Western

100
100
100

Air Lines Inc
Auto Supply Co

4%.%

4%

preferred

19

Jan

14

Mar

Weston

4

57

563/4

57%

RR

com

No par

Electric

4

13% Dec

65% Feb 27

87% Oct

18

12% Jan

8

16

32% Apr

13

25% Mar 20

Wilcox

17

11% Feb

17

15% Mar 24

Willys-Overland

2

77% Jan

14

12% Jan 22

103

Apr

White

24

68% Nov 14

75% Feb

13

10% Apr
70% Jan

12

14% Jan is

10% Apr

23

13% Jan

24y4Jan

6

26

Jan

25

45% Dec

9

64

32% Nov

19

26% Jan
126

Apr

45

23

6

11% Mar 26

28

Mar

$4.25

15

Winn

Jan

Apr

24

53

Jan

2

44% Jan

12

48

Jan

30

2

30y(Jan

29

5

80

Jan

13

Nov

19

111

Jan

2

75% Jan

14

71% Feb

10

75

13% Feb

1

20

6%

9 >A

Apr

35% Mar 17
86

Mar

*32% Jun

8

9

13% Jan

39% Apr

21% Oct

Peb

18

2

23% Apr

47% Feb

16

53Va Mar

29% Apr

27% Oct

16

34

39 V'2 Oct

23

50% Jan

15

15

35% Jan

Jan

17% Jan 24

88% Nov 28
B% Jan 29

Co

yo. and.United Paramount




40%

4,300

10,800

26%

26%

26

263/s

5,700

44%

43'A

43%

43%

44%

28,400

♦95

96%

*95%

96 3A

96

96 3A

400

*42%

43%

41%

42%

1,100

36%

7,500

42

*125

423/4

*125

"

•125

36 Vs

36%

83 'A

84

83'A

83 y4

25%

26

26

1,100

26%

26%

26%

26%

26%

25%
26 Va

25%
26 Va

26%

26

26%

2,300
2,000

37%

84

37

353A

113/a

113/4

113/8

11%

11%

11%

11%

11%

32%

♦31%

32%

*31%

11%
32%

11%

*31%

*31'A

32%

*31%

32%

223/4

233/8

♦223/4

23%

22 %

22%

X22%

22%

22'A

380

14%

100%

15%
101

15

15%

101%

102

15%

15%
102

15'A

14%
102

102'A

102 %

15

102%

23

15%
103

1,900
64,900
9,500

10%

103/4

10%

10%

10%

103/4

10%

103A

No par

*71 Va

713/4

♦71%

7l3A

71%

71%

71%

71%

71%

71%

400

10

preferred

HVa

11%

♦10%

113/8

*10%

11%

10%

10%

10%

10%

1,600

1

26%

26%

263/8

26%

♦26%

26%

*26%

26%

26

26'%

700

27%

4,600

10

273/8

100

♦125

10

27%

*45

10

Co

Corp

common__No par
series

100

127

1

31

45%

45%
45'A

45%

81%
114

31%

83

117
73

9%

9%

*5iy4

*14'%

8

Corp

45%

7,800

30ys

6,200

82%
114

30%

*81%
♦111

82'A

400

116

20

73

900

72%

9%

80

300

72%

72'A

72%

72%

*9%

9%

9%

9%

9'/2

9%

2,200

38

37%

38

38%

38%

37%

38

37%

37%

4,900

22%

21%

22'A

21%

21%

20%

21%

13,700

51V*

51 y4

51

2l7/a
51'A

21%

52

50y4

50'A

49%

49%

700

30»/8

30y8

30'A

30y4

30

30'A

29'A

29'%

29%

41%

43'A

42'A

43y8

41%

4iy8

41%

4iy8

29'%
41%

10,000

14%

*14y8

14'A

14'/a

42%
14ya'

14

14'/8

13%

13%

2,200

70%

71'A

70

70 %

68%

70

68

68%

3,500

5Va

5

5%

4%

receivership, or petialon has been filed for company's
x

114

45

45 3/s

31%

30%

*81%

82

117

45

453/4

45%

126

45%

♦45

31%

81%

27%
126

21%

5

distributed,

31%
*115

273A
128

7,000

37%

69%

Zonite Products Corp

31%

82%
*115%

9%

84

128

45%

453A

313/4

81%

2 7'A

27%
129

45%

5

68

27%
*126

453/8

*72%

No par

27 3A
127

453/8

73%

Youngstown Steel Door

wd When

27%
127

11

45 5/s

443A

114

103A

73%

2

rCash sales,

94

39%

84%

16% Jan

Merged Feb. 10, 19S3.

*90

41

37

5

lalc8 °Jlthl®
Theatres.

94

40%

No par

&

Zenith Radio

553A

25%

York

-

*53%

84

13

Jan

7,600
1,000

553/4

36%

47% Jan

5ViApr 13

54%

523A

843A

34% Jan

fl

433/4

3,400

263/4

54

*90

26%

43%

53%

26%

543/4

54%

41%

26%

54

26%

54%

37 3A

24

24

43

♦124%

53%

26

41% Apr 23
13% Apr 24

Apr

963/4

5,300

83%

Yale & Towne Mfg Co
25
Corp common
1
4%%
convertible preferred
50
Young (L A) Spring & Wlre.No par
Youngstown Sheet & Tube
No par

4% Jan

26%
45 V2

963/4

10

10%

253/4

No par

Wyandotte Worsted Co

9

46% Jan

26%
44%

10%

700

300

26%
,

94

40%

10%

13%
73%

107

84%

pfd 4%% conv series
100
Wrigley (Win) Jr (Del)
No par

1

51% Dec

*91

10%

107

25%

Prior

1

8

39% Jan

56%

10%

13%
*72%

108

1

Co

Prior preferred 4'/a%

3

56

42

80

To

*2534

Motors common—1

preferred

Worthington

Mar 19

54

55%

10%

13%
74

*72%
♦107

27%

55

963A

Woolworth (F W)

130% Mar 16

53%
26%

26%

Woodward Iron Co

11 'A Mar 17

83% Feb
118

73%
108

5

Lovett Grocery Co
Wisconsin Elec Power Co com

29% Mar 11
135

13%

13%

73%

20

Co

Wilson-Jones

2

24

Sewing Machine common
preference

$4.50 conv pfd series A
Wilson & Co Inc common

74% Mar 10

12% Aug 18

94

1

Prior

Oil

*91

12,900

20

(The S S)

Mfg

29

91%

27

453/8

36

*91

56

26%

44%

93

1,400

96%

54%

95

34

100%

*94

54%

41%

33%
1003/8

96%

10%

*92

34%
101%

*94

103/8

44 %
*95

44'A

White Motor Co

28% Mar

41 %

*124'A

4

2

94%

40%

100

Wheeling Steel Corp com
No par
$5 conv prior preference—No par
Dental

*92

12.50

White

Jan

Nov

Instrument

8

11% Feb

28'A Nov 25

100

86'A Mar 24

21% Jan

138

10
12 Va

preferred series B

30

30

17

10

14

32
Apr 28
27% Aug 29

25'A Dec

100

Union Telegraph

11

34%

96%

*13%
♦107

55%

Pacific

10

.

13%
73%
108

263/4

Feb

Jan

13%
73%
*107

*55%

Wheeling & Lake Erie Ry

40% Mar 17

13%
74
108

56

25% Apr
25y4 Jan

7

13%
*72 Va

*11

101%

101

*94

93

54

Westinghouse Electric com

49'/a Mar 25
127

95

27

Westinghouse Air Brake

39% Feb

95

*92

53%

50

126

*92

*107

34%
100%

96%

56

preferred—100

28% Feb

.3.80%

35%
100

*94

26'/8

2nd

99% Jan

4

35%
100

96%

10
Maryland Ry common—100

24

12

35%
102

*94

10%

Preferred series A

Mar 18

35

*100

1

nonqum

Western

5
par

100

23

14% Jan 28

2

24%

96

2

Jan

2,000

26
Apr
43'A Apr

9

4% Nov 17

25%

27% Nov 21

4

68

25%

Western

17% Jan

Oct

25%

67% Mar 16

10% Aug
29% Jan

8

25%

24

2

76% Jan

26%

Apr

29% Jan

97% Feb 20
70% Dec 22
9% Oct 23

26%

Western

25

16

26%

Western

83

17
26% Feb 20

26%

57% Mar 11

35'AApr

42 % Apr

26%

63% Mar 25

7

Oct

360

26

32% Mar 25

22

51

81%

2

34% Jan

15"% Apr
2
21% May 7
128% Jan 15

25 3A

81%

2

89% Jan

8% Oct 22

25%

82

24

41% Jan 30

8% Mar

26

82

Jan

6

23

11%

25%

82

24% Jan

28% Oct 17
Oct

11%

26

81%

97% Mar 31

Mar 20

1,000

11%

*25%

43% Mar 25

44% Nov 18

11%

600

82%

18

127

3,900

11%

45

24

300

11%

82%

23

Apr

22%

11%

*25%

17

3

*213A

11%

38% Feb

Nov

8,800

16%

83%

94% Apr

48% Dec 31

26%

16%

11%

11%

1,600

26 Va

26%

7

101

1,000
6,800

22%

*22

11%

27%
343A
30

11%

45% Feb 11

98

22%

27%

33%
*29%

25%

Snowdrift

&

convertible

10% Apr
52% Apr

54

5

27%

*82%

$4

107% Jan

97

Inc

27%

com__2.50

Oil

Wesson

2

37% Feb

100

Mills

Tobacco

*17

28%

preferred—No par
West Indies Sugar Corp
1
West Kentucky Coal Co
4

29% Jan

28'A Dec 30

Oct

21% May
29% Jan

Knitting

Wayne

84% Feb

28

27%

34%

Wayne Pump Co

28% Feb

2,600

30

Webster

13

8,400

15

34

12 y« Mar 27

24

16

14%

30

24% Mar 23

25% Apr

15%

15%

35

13% Feb 25

81% Apr
24% Apr

16%

14%

30 V$

7

7

16%

15%

34%

20

5

16%

15%

30

11% Apr
10% Jan

May

16%

15%

30%

2 2'A Apr

20

167A

15%

29%

5

2,800
2,800

16%

35

Corp

7%
23
103

17

29

3

32% Jan

22%
103

400

15%

Waukesha Motor Co

9

73A

7%
23%
104

30%

14% July 31

84

7%
23'/a
*103

34%

11% Jan 19

28

7%
23%
104

30%

17

30

*7%

23%
♦103

35

19

Oct

7%
23%
104

30

11% Nov
9% May

7%
23%
*103

Washington Gas Light Co—No par
Wash Wat Pow Co (The)
No par

Mar 14

80% Feb

7%
23%
103%

new—5

Inc

19% Feb

26

7%

22%
♦103

45

62

70
5

5

reorganization,
Ex-dividend.
y Ex-rights.

a

Deferred delivery,
.........

.

5

4%

5

700

3,600

d Kama changed-from American Broadcasting

^

Number 5215... The Commercial and Financial Chronicle

Volume 177

Bond Record

(1813)

New York Stock

«»
FRIDAY

Tha

italic let ton In the

column headed

Figures

—

—

—

—

—

—

—

—

Treasury
Treasury
Treasury
Treasury

—

—

14

94 8

9

96.25 Dec

—

—

—

—

Mar2&

948

9

96.21 Dec

9

Dec

9

96.27 Nor

18

96.22 Dec

10

96.22 Dec

10

—

Dec

24

96.20 Nov
100.4 Nor

19
18

—

—

Nov

,

18

•—

—

Treasury
Treasury
Treasury
Treasury

—

—

—

—

--

;

———

—

Anr

2<t

Low

Sales for

Apr. 24
Low

High

the Week

High

Bonds ($)

*101.28

102.4

♦101.28

102.4

*101.28

102.2

*101.28

102.2

♦101.30

*103.4

103.12

*103.4

103.12

*103.4

103.12

*103

103.8

♦103

103.8

1958-1963

*104.28

105.8

»104.28

105.8

»104.28

105.8

*104.20

104.20

1960-1965

*105.28

106.8

♦105.24

106

♦105.24

166

1956-1958

102.2

104.28

♦104.12

*105.20

105.28

♦105.20

lua.^3

*99.14

99.18

♦99.12

99.16

*99.12

99.16

*99.14

99.18

♦99.14

99.18

1958

♦99.10

99.14

*99.2

99.6

*99.4

99.8

*99.10

99.14

♦99.10

99.14

1962-1967

95.26

*95.22

95.26

2%s
2%s
2%s

Dec

2%s

15

*95.20

95.24

«95.12

95.16

*95.14

95.18

*95.22

1963-1968

*94.26

94.30

*94.18

94.22

*94.22

94.26

»94.30

June

1964-1969

»94 4

94 h

*93 28

94

*94

94 4

*94

Dec

1964-1969

*93.30

94.2

*93.22

93.26

*93.26

93.30

1245039876—-,z.

95.2

♦94.30

95.2

94 a

*94.4

94.8

*94

94.4

*9.3.30

___

9..2

4

1965-1970

*93.26

93.30

*93.18

93.22

*93.20

93.24

*93.28

94

*93.24

93.28

1966-1971

*93.8

93.12

*92.30

93.2

*93

93.4

*93.6

93.10

*93.8

93.12

June

1967-1972

2y2s

Sept 1967-1972

2y2s

Dec 1967-1972

2%s

1957-1959

2%s

June 15

*93.2

93.6

*92.20- 92.24

*92.24

92.28

*93.2

93.6

*93.4

93.8

*93

93.4

*92.20

92.24

*92.24

92.28

*93.4

93.8

♦93.2

93.6

*93.2

93.6

*92.20

92.24

*92.24

92.28

*93.2

93.6

*93.4

93.8

*98.20

98.24

*98.14

98.18

*98.16

98.20

*98.20

98.24

*98.20

98.24

1958

*98.22

98.26

*98.14

98.18

*98.18

98.22

*98.22

98.26

*98.22

98.26

99.23

*99.20

99.24

*99.20

99.24

Treasury 2%s

1954-1956

*100.20

100.26

*100.20

100.26

*100.18

100.24

*100.18

100.24

*100.20

100.24

—

—

Treasury 2 %s

1956-1959

*97.22

97.26

*97.20

97.24

*97.20

97.24

*97.24

97.28

*97.20

97.24

—

—

June

1959-1962

*95.14

95.18

*95.10

95.14

*95.16

95.20

*95.24

95.28

*95.22

—

—Dec

1959-1962

*95.10

95.14

*95.6

95.10

*95.12

95.16

*95.20

95.24

*95.18

95.22

—

—

June 1953-1954

*99.16

99.18

*99.15

99.17

*99.16

99.18

*99.17

99.19

*99.18

99.22

—

—

Treasury
Treasury
^Treasury
Treasury

—

18

Jan

Treasury 2s

—

—

Treasury 2%s
Treasury 2%s

—

—

—

—___

—

2s

.—Dec 1953-1954

7

93

Apr

2

91.25 Apr

16

97.24 Feb

27

93.28 Apr

6

98.10 Nor

7

97

Dec

1

98.24 Apr

101

Mar 12

*99.8

2s

Dec

1953-1955

June

1953-1955

99.10

*99

2s

*100.1

2s

Sept 15
Bank

Reconstruction
96.28 Aug

7

Friday

Thursday

High

*99.19

9fa.4

17

Low

99.23

22

98.10 Nov

High

*99.20

20

100.15 Dec

PRICES

99.25

Mar 18

100.3

10

SALE

2°

*99.22

Oct

Dec

Low

An»

1952-1955

92.12 Oct
95

High

21

1956-1959

International
93.4

Aor

Treasury 2 %s

—

18

HIGH

Wednesdaj
20

—

—

—

mature.

—

———

100.3

15

bonds

—

„

—

the

—

—

—

when

point.

a

—

97.19 Oct 27

—

Jan

month

of

~T~zz

—1

97.19 Oct 27

100.3

824

29

;

—

102.18 Jan

29

99.18 Oct

the

case

more

Anr

1955-1960

Treasury 2y2s
Treasury 2y2s
Treasury 2%s

—

95.8

100.4

Mar 25

—

—„

er

Lew

Treasury 2y2s
Treasury 2y2s

—

—

96.21 Dec

,

one

STOCK

Treasury 2%s

—

9

14

YORK

Treasury 27/8s
Treasury 2%s
Treasury 2%s

—

tl

96.14 Oct

96.20 Mar 18

102.18 Jan

represent

EXCHANGE

—

—

—

14

—

NEW

—

—

Oct

point

each

LOW AND
R.„™
Range Since Jan. 1
Lowest
Hlgest

Higest

Lowest

96.9

decimal

Exchange

YEARLY

-

"Interest Ferlod" Indicate In

.

.

V-iVEST
Year lwi

96.14 Oct

after

WEEKLY

-

1953

*99

*100.1

99.29

*93.8

94

Development

2

25-year

3s

July 15 1972

93.31

93.31

9

25-year

3s

Mar 1 1976

*91.24

92.16

95.8

Jan

7

30-year

97

Mar 25

23-year

3%s

May 15 1975

Feb

19-year 3y2s

Oct 15 1971

100

2

19

Serial

bonds

Oct 1 1981

of

99.10

*98.30

*99.27

92.24 Feb

3V4s

*99.8

*100.1

99.29

for

&

99.9

99.4

100.3

*99.27

94.16 Jan

Mar 25

*99.7

99.4

100.3

*99.27

99.11

*99.9

99.4

*100.1

99.29

*99.9
*98.30

99.4

*99

100.3

100.3

*100.1

*99.28

99.30

*99.27

95.26

99.11
99.2
100.3

99.29

93.28

93.28

93.28

93.28

*93.8

94

10,000

92.12

92.12

*91.24

92.16

*91.24

92.16

*91.24

92.16

16.000

94

*93.24

94.16

*93.24

94.16

*93.8

94

*93.8

94

*96.24

97.16

*96.24

97.16

*96.24

97.16

*96.24

97.16

*96.24

97.16

*98.24

99.16

*98.24

99.16

*98.24

99.16

*98.16

99.8

*98.16

99.8

*99.16

100.16

*99.16

100.16

*99.16

100.16

*98.16

100

*98.16

100

*98.16

100

94

1950

1,000

—

—

—

—

—

2s

due Feb

15

1954

*99.16

100.16

*99.16

100.16

_

—

—

__

—

2o

due Feb

15

1955

*98.16

100

*98.16

100

—

—

—

—

2s

due Feb

15

1956

*97

98.16

*97

98.16

*97

98.16

*97

98.16

*97

2s

—due Feb

15

1957

*96

97.16

*96

97.16

*96

97.16

*96

97.16

*96

97.16

due Feb

15

1958

*95

97

*95

97

*95

97

*95

97

*95

97

.due Feb

15

1959

*94

96

*94

96

*94

96

*94

96

*94

96

—

—

_

<

—

—

—

—

—

_

—

—

—

—

2s

_

—

—

_

—

2s

—

—

—

—

—

•Bid

—

—

—

and asked price.

No sales transacted this day.

2s

due Feb

15

1960

*93

S5

*93

95

95

*93

95

*93

95

—

_

—

—

_

—

„

2s

due Feb

15

1961

*.91.16

93.16

*91.16

93.16

*91.16

93.16

*91.16

93.16

*91.16

93.16

2s

due

15

1962

*90.16

92.16

*90.16

92.16

*90.16

92.16

*90.16

92.16

*90.16

92.16

a Odd

lot transactions,

r

Registered

Feb

bond

RANGE

Friday
BONDS

Interest

Last

New York Stock Exchange

Period

Sale Price

Week's Range
or
Friday's

Transit Unification

3%

Corporate

York

Bonds

Bid & Asked

Low
New

Sold

FOR

X Being

WEEK ENDED

called

APRIL

Low

for

24

New York Stock

High

City

Brazil

(continued)—

33/4s

1980

June-Dec

9833

9899

17

98

101 %

series

series

3%s

series

No.

3%s

series

series

No.

3%s

series

No.

No.

3%s

series

No.

33/4s

series

No.

3%s series

No.

3%s

Telephone

Members

120

New

York

Stock

Teletype
NY

No.

series

No.

3%s

Exchange

series

series

No.

3%s

Broadway, New York

No.

3%s

1

No.

series

3%s

REctor 2-2300

series

3%s

WERTHEIM & Co.

series No.

3%s

series

No.

Brisbane

1-1693

Foreign Government and Municipal

jAAntioquia

(Dept)

collateral 7s A 1945

92%

•90%
'■

92

92

*99

92

-100

Jan-July

iAExternal sinking fund 7s ser B 1945—Jan-July
fAExternal sinking fund 7s ser C 1946—Jan-July
IAExternal sinking fund 7s ser D 1945
Jan-July

1

95%
65%

♦67

*67

AExternal

sinking fund 7s 1st

AExternal

sec

sink

fd

sec

sink

fd

AExternal

20-year 3s

Antwerp

s

2nd

ser

3rd

ser

*67

1978

Jan-July

external 5s 1958

(Commonwealth)

5s

Jan-July

3%s

1956

■

65%
68

♦67

69%

•67
43

43

102

101 %

—

— —

65%

'

43%

7

Feb-Aug

68

41%

44%

101

1023/8

118

100%

102 %

10

102

96%

98%

1

100% 101%

98%

68
r-'rc.

—-

98%

10-year

3 %s

1957

June-Dec

96 %

96%

96%

7

94%

97%

20-year
20-year

3%s
3'/4s

1967

June-Dec

90%

90

90%

22

88%

90%

1966

June-Dec

15-year

3%s

1962

Feb-Aug

Belgium

(Kingdom of)

External

sinking

1955

6s

fund

-June-Dec

90%

16

90%

90%

3

'103

Jan-July

1955

7s

90

90

110%

106

•

110% 110%

1

(Dept of)

5A7s

assented

AExternal

88%

90%

88

92

103%

106

109%

111%

A6s

(U S of)

external 8s 1941

A6s

reduced
AExternal

to

s

Stamped

f 6 Vis of

1926

s

to

f

6Vis

to

of

A

1979
1927

Stamped pursuant to
reduced

due

Plan

3.375%)

A

1979

reduced

to

3.5%)

1978

1

1957

April-Oct

89 %

A6s

assented

A63/4s

fund

59%

62

1

59

86

June-Dec

*75%
*75%

June-Dec

*85

83%

85%

82 %

82%

2

77

82%

June-Dec

77

77

8

74

77

June-Dec

*75

78

78

A 6s

assented

%

76%
75%

76

78

78

*84

76%

——

76%

93%

100%
7

43

3

92%

44%

6

65%

58 %

1

55%

59%

1

34%

37%

'

*58

*36%

58%
36%

—.

58%

58%

36%

36%

Feb-Aug

*58

55%

*36%

—

~

«.

„

'

-

3.6%

35%

36%

36%

2

58%

58%

34%

36%

—

__

55%

-h-

1

58

58

—

69

36%

35%

June-Dec
June-Dec

♦36%

1957
April-Oct
(interest

June-Dec

•

.

—

•

86

60%

__

89

—

58

60

—•

__

(interest

59

1

55%

59%

36%

36%

1

35%

36%

*

June-Dec

62%

For Financial Institutions

FOREIGN

SECURITIES

6%

funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest
reduced

to

3.375%)

External dollar bonds of

1979
1944

59

April-Oct

60%

14

57%

61%

82

82%

12

79%

FIRM TRADING MARKETS

83

(Plan B)—

3%s

series

No.

1

June-Dec

3%s

series

No.

2

June-Dec

•80%

83

75%

80%

3%s

series No.

3

J une-Dec

76%

76%

74%

77%

3%s

series

No.

4

June-Dec

•76%

79%

74%

77

3%a

series

No.

5—

.-June-Dec

76 %

74%

77%

3%s series

No.

7—

-June-Dec

82

82%

83

series No.

8—

—June-Dec

74

76

83

85

85

85

3%s

82

—

76

—

•78

♦76%

3%» series

No.

9„

_June-Dec

85

3%s

series

No.

10—

June-Dec

•84

3%s series

No.

11—

June-Dec

•76%

81%

76

76

3% a series No.

12—

June-Dec

•75%

80

75%

77

3%s

13—

June-Dec

•80%

79

80

Jan«-Dec

76%

74

76%

series No.

3%a series No.
For footnotes

14—

see

pace

-:f




33.

85

76%

17

r.ARL mares & no. INC.
FOREIGN SECURITIES SPECIALISTS

50 Broad

St., New York 4, N. Y.

Telephone HAnover 2-0050

36%
58

37%

59

89

16

59%

58

86

55

—

58%

37%

36%

——

*36%

V

60%

36%
36%

36%

*36%

60

59%,

34%
34%

55%

——

*58

59%

36%

—* '

*58

June-Dec

37%

55%

58%

*58

April-Oct
April-Oct
May-Nov
May-Nov

59%

36

•mm

*36%

May-Nov

59%

1

58 %

*36%
58

36%

55%

•

36%

58 %

59%

35%

„

*58

April-Oct
May-Nov

fund 6s 1962

95%

42

'

1963

1962

95%

'

*58

1961

103%

92%

43%

43%

*36 %

1961

101%

93

*60

April-Oct

6s

44

10

94

93%

42

12

101% 101%

Mar-Sept

fund

102%

101

1962

1961

102%

100%

102

Feb-Aug

1961

75%

101

*92%

May-No®

June-Dec

76

75%

43

ioI%

76%

75%

—

——

*101

101

76

5

76%

*76
*76

April-Oct
April-Oct

78

1
2

June-Dec

1993

—

,

78

75%

.—June-Dec

6s

——

78

June-Dec

June-Dec

*

75%

June-Dec

-June-Dec

1963

AGuaranteed sinking

76%
76

June-Dec

1962

6%s

78%

75

73%

'

1961

fund

74%

*76%

June-Dec
June-Dec

89%

55

Feb

sinking

assented

76

-

'

1960

assented

High

*75%

Extl sink fund $ bonds 2%s-3s
AChile Mortgage Bank 6%s 1957
A6V2s assented 1957

ASinking

75%

77

(interest

June-Dec
A

91

91

89 %

57%

25

April-Oct

A7s

(Central Ry) 1952
Stamped pursuant to Plan

61 %

April-Oct

due

Plan

3.375% )

61%

91

(interest

1978

pursuant to

reduced
AExternal

3.5%)

91

June-Dec

Stamped pursuant to Plan A

91

*75%

Jan. 1
Low

NO.

83

June-Dec

Range Since

Sold

High

*75%

1942

sinking

Bonds

Friday's

June-Dec

Sept 1961
sinking fund 6s

A6s assented

AExternal

or

Bid & Asked

June-Dec

assented

AExternal

Week's Range

Loto

ARy external sinking fund 6s Jan 1961—Jan-July
A6s assented
Jan
1961
Jan-July
AExternal sinking fund 6s Sept 1961
Mar-Sept

A6s

June-Dec

Sale Price

sinking fund 6s Feb 1961

assented

AGuaranteed
lABrazil

Last

Period

sinking fund 6s 1960

A6s assented

AExternal

—.

68

■

♦67

June-Dec

1955

10-year

„

92

100

'

1957_April-Oct

ser

65

*67

1957_April-Oct
1957_April-Oct

7s

f $ bonds

(City)

Australia

7s

92%

Friday
Interest

Exchange

(City) sinking fund 5s 1957
Mar-Sept
fund gold 5s 1958
.Feb-Aug
30-yr 3s s f $ bonds 1978_Jan-July
Canada (Dominion of) 3%s 1961
Jan-July
25-year 2%s 1974
Mar-Sept
25-year 2%s 1975
Mar-Sept
ACarlsbad
(City) 8s 1954
Jan-July
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978—Jan-July
SAChile (Republic) external s f 7s 1942
May-Nov
Sinking

Caldas

Agricultural Mortgage Bank (Colombia)—
S AGuaranteed sinking lund 6s 1947
Feb-Aup
AGuaranteed sinking fund 6s 1948
April-Oct
Akershus (Kingdom of Norway) 4s 1968
Mar-Bep

15, 1953.

15

No.

3%s

Foreign Securities

redemption on June

16_

No.

3%s
sa

*93

BONDS

Jan, 1

No.

High

transactions.

Range Since

Issue—

Stock

98.16

—

—

—

—

—

—

'

Teletype NY 1-971

29

30

(1814)

The Commercial and Financial Chronicle

...

Monday, April 27, 1953

NEW YORK BOND RECORD
RANGE
Week's

Friday
BONDS

Interest

New York Stock Exchange

Last

Period

or

Sale Price

Friday's

A 7s

Consol
assented

AChinese
A 6s

of

A

of

1928

Mar-Sept
——-—Mar-Sept

Oct

1951

1961

(Republic of)

No.

Low

58%

ARome

36

371/4

ASao

April-Oct

„

10

8

4%

*60

4%s external

__

97

93

93

86

90%

100%

94

97%

69

88%

97%

39 %

53

37%

39V2

112% 112%

6%)

Jan-July

33

111%

extended

to

1960

4s

extl

f dollar

s

3%s extl

s

3s

bonds

f dollar

extl

s

AEstonia

f dollar

Jan

3

43

bonds Jan

(Republic

of)

100

100%

1

38

114%
,

41%

.

*82

66

*57%

Jan-July

Jan-July

A

ser

A6V2s

1944

1st

&

extended

to

mtge

gen

19%

1954

paid 1968—*.
(City) external 6 Vis
(Republic)—
*

§A7s

series

B

Public
to Jan 1

14%

Feb-Aug
April-Oct

-

I960

5% due
AExternal
A

Italy

:

6%s

A5 %s

5%s

extl

loan

1965

AJugoslavia

108

.

'

19

49%

'49%

51%

■

of

'30

Ol CO

42%

*88

(State

Mtge

50 %'

...Jan-July

5%s

to

Bank)

139%

Feb-Aug
Afay-Nov

85%
121

external

of)

Power

(40-yrr s f

•

87%

f

30

7s

3%s

7s

8

129

30-year
Mexican

(Colombia)
3s

$

f

s

bonds

March

Electric

1st

1978—_

Jan-July

—

A4%s

due

1952

l

1957

44

77

90

of

64%

77

15%

2

10%

17

67

3

67

68

43%

8

41%

44

:

(1942 agreem't)

1981

"9%

~9%
*8%

of) —
due 1945—

"9%

2

9% t

™!
(1922

9%

—

___

ASmall
assented

"9%

8%
•

„

Quar-Jan

ALarge
5A5s

agreem't)

:i.

■t —

f

s

ASmall

to

3%s

coupon

ALarge
of

4s

§A4s

(assented to

1954

new

of

ZZZ.HZZZ.Z

(1942 agree'ti
(assented to
1922

*16%

new

*16%

—

assented
6s of

(1942

agreement)

1913

to

to

readjustment

agree't)

ASmall

Milan

ASecured

6%s

1952——„

reduced
ASecured

to

to

Plan

to

Plan

A

to 2.125%)
2008
(Kingdom of) 3%s 1957
(Kingdom of) 4%s 1956—

Norway

External

sinking
sinking fund
sinking

fund

4%s

external

fund

—

-

A 6s

—

■

"I

~8%

--

~9%

1963

(State
to

of)

zz

A Nat

loan

extl

ANat

loan

extl

f

s

(Republic

6s

of)

:.l

„

124 %
75

pursuant

reduced

to

to

Plan

2.375%)

2001

AExternal secured

Stamped

to

Grande do

8A8$

external

Stamped

18%
18%

75

external

Stamped

of

to

to

sinking fund gold
to

external

to

2%)

loan

7s

2967

to

of

1926

(interest

to

2.25%

stamped

Plan

1

)

34%

35

101%

reduced to

due

97%
—

99%

95%

123% 125
75

101%

2.25%)

Arbor

P

W

page 33.




83%
84

90

88%
88

-

82

86%

.95%

91

96

71%

69

73

12%. 12%
9%
9%
123

8

/•I.
5.

.

22

124%

74%

74%

.

13%

5%

10%

39

;76

111

124%

66%

76

76%

70

70%

99%

H51/4

31

69

5

105

34

63

99%

3

54'/a

*10%
10%
*12%
10%

„

54%

76%

54%

Plan
2004

10%

&

RR

Atlantic

4%s

38

4%s

A

C

121

79

86%

64 %

64 %

66

182

64%

69

88:

.

94 '/a

83%

88%

257

109%

116%

15

o<j

uU

*__

92

86

90%

89%

98% 100%

„

92%

86%
88%

55

85%

109% 111%

•

—

66
•*5

83%-

49

93%

98%

104%
95

1962__ApriZ-Oct

99V2

99

96%

96%

97%

96%

96V2

97

.

-

92)^*

90%

■

31

99

101%

21

96%

100 3

7

100

June-Dec

_April-Oct

91V2

—

96%

101%

90%

92

*■__

100

81

—

__

81

4

95

101%

99%

83%

81

95%

—

92

92

99%

.

__

101%

.

IIOV4

109% 111V2

__May-Nov

A

26

.

109%

120%

106%

114 %

102

85

106V2

103%

'

.

w—May-ZVot?
June-Dec

1980——Afar-Sept
Jan-July
1966_.__Jan-July

*102-

__

1023'»j

103% 104%

—

101

__

.

41

*1027gi

103%

2

100%

102%

102%

101

104%

__

95V«

95%-

96

15

95

93%

933,4-

95.

33

93%

97

963 +

99%

80

108%

96%

96%

B
&

Ohio

RR^-

mortgage 4s.series A July 1975——April-Oct
First mortgage. 5%
series B (4%. fixed -

~6%

Ii%

Series

11

13%

Series K due March
Series

,

and

*9

10%

96%

.

1%, contingent interest) July

1975_April-Oct

102

Refunding and general
fixed and

14

3%

G

mortgage 5%..i 2%
contingent interest) —

due

M

due

Dec

X; 1995_.

March

1

—June-Dec

75%

75%

76%

92

7o%-« 85

....Mar-Sept

75%

75%

76%

49

75 %

85

l_Afar-Sept

2000_i
1

75%

75>/»

76%

87

75%

85

85

85

66%

66%

68

93

92%

81%

81%

78%

1996

Ref, and^ general mortgage 6%> (22/3^
i'... fixed and 3%,% contingent interest) —
Series J due Dec 1 1995__"
June-Dec

-

.

6'A

11%

A4V2S convertible

37%

*36%

36%

May

38

div first mortgage 5^
ser A
(3%^. fixed & 1%V» contirig int) 1980_Jan-JaZy

First lien

and

51

Bangor & Aroostook

32%

34%

Bell

1st

*

Bethlehem

Industrial

Steel

1985

Jan-July

Loan

Corp—

2%s

—

48%

53

53 %

2

36

57%

57%

1

56

38

%

95

66%

75%

94 VA

40

81%

96%

82%

51

81%

78%

3

-

Boston

First

37

38%

37

37

&

Maine

88%.

.

86%

9134

1

91%

93%

14

107%

111 %

2

92%

95%

.24

90%

96

108%
92%

92%

92V'2

90%

90%

93%

>

.

95

*92

97%.

97%

'92%

93

93

79%

31

13

99% 100

—

57%

78

107% 108%

April-Oct

1961_Afay-Nov

1960

mortgage 2%s series I 1970___—.Jan-July
Consol mortgage 2%s series J
4976—^
May-Nou
Consol mortgage 3s. series K 1979
Jan-July
Borden
(The) Co 2%s debs 1981
Afar-Sept

First

—

91%

..Jan-July
C

debs

Consol

44%

38

85

425

.:

RR—

mtge 4%s conv 1976
Telephone of Pa 5s series

Beneficial

38

20

86%

division—

ref M 4s series D

50%

—

2010^..

i
J
•

S'western

37
58

Toledo-Cincinnati

-J

1

Pittsburgh Lake Erie & West Virginia—.
Refunding ?4s series A 1980——
—May-Nou

36%

1

income Feb

38

58

—

37%

81

123

Quar-Jan

Ry—

Refining 2%s debentures

4

8

*37

80

90%

J

1972—i

54%

3

38%

80

115%

1964_'—

ser

48%

13%

*38

100

117%. 125

1995

Fe—

Line

2

12%

!

941/4

100

100

118

First

11 %

57%

104%

92%

94%

*97

625

1995

54%

5%

34

1

__

1173a 119%

April-Oct

1

541/4

5

*32%

93

„

101%

102%

*

—

,

115% 117%

Mar-Sept

54

10%

37

102%

117%

April-Oct

Air

ser

80

99%

115%

1966--—*——

mortgage 4%s-4s
mtge

116

97%

100

10%

37

3s

mortgage 3%s 1963__—.j

Coast .Line

Gen

July

Santa

Charlotte

99 %

95

75
97'

;; ' 2

77

99%

99% 100

109%

Feb-Aug
___Afar-Sept

1963

^1995

4s

&

First
Atl

—

A

June-Dec

Topeka

63

105 %

Feb-Aug

48%

__

997/«

83%

3%s debs 4962

Investment

97%

75'

*97V8

—

104%

105%

—April-Oct

48%

—

16

97

75

100%

101

Jan-July

4s

5s

2

.10

97

.....June-Dec

3%S debs 1977

gold

100%

101%

100% 100%
105% 105 V2

70%

35%
—

*100
!

115

53%

*37%

May-Nov

(interest

1

1977

Stamped .4s_ July

125

99%

35%

COMPANIES

--

june-^.c

1961

3

95%
100 %
98

RR—

mortgage 5s series AC 1967
mortgage 5s series II 1955

Mar-Sept

^__May-Nov
mortgage 4%s series JJ 1961
—ApriZ-Oct
First mortgage 4s series RR 1960
—Jan-July
A Inc mortgage,. 4 %s series A July 1970
May-Nov
First

_

see

148

95%

Jan-July

1969—

first

General
.

_

For footnotes

98%

148

12

88%

35 %

Feb-Aug
86%
86%
Anril-po.»c

—

—

debentures

Products Co

Atlanta

r

11

115

June-Dec
(interest

June-Dec
to

95

1

Co.—

1964—

debentures

Atchison

97%

100%

3
—

*50

1966

A

78

153

*69%

^.Afay-Nov

Telegraph

Tobacco Co debentures

debentures

Associates

100%
101

*67

2004

pursuant

American
3s

debs

Anheuser-Busch Inc

99%

54%

June-Dec

Plan

convertible
conv

Ann

100"

1968

A

&

convertible debentures

36%

99%

April-Oct
(interest

2012

Stamped pursuant
reduced

A

99

87%
*

1966.._—_June-Dec

1980

52

99%

April-Oct

Plan

128

71

143%

V;

148

.•

*87

—_Feb-Aug

—

debentures

1975.

34%

4

*54%

Feb-Aua

1999

1964

1986—.

52

2

(interest

1946

119%

85

Ltd—

1970
3s

Telephone

Baltimore

of)—

1921

2.5%)

pursuant

reduced
A7s

loan

Canada

Airlines

debentures

3%s

87

43

Feb-Aug
A

of

3%s

1973

99'A

*-

April-Oct

—

Plan

20

78

*97%
148

Mar-Sept

debentures

17%

--

Jan-July

2012

(State

pursuant

reduced
A 6s

to

2%)

Sul

76

*152%-

June-Dec

100'A

99%

Jan-July

1953

pursuant

reduced

Rio

6%s

America

1956

Anglo-Lautaro. Nitrate Corp—
1st mortgage 4s
(reg only) 1960

100

April-Oct
(interest

A

:

126% 128

76

ApriZ-Oct

—

35

70%

A

to 2.25%)
2006
(City of) 8s 1946

Stamped

126%

INDUSTRIAL

1987___

2

—

36

100

115

1959

Plan

Co

debentures

debentures

3%s

Afar-Sept

to

AND

debentures

9714

May-Nov
April-Oct

stamped pursuant to Plan A
(interest reduced to 2.375%) 2001
pursuant

7

54

•

June-Dec

27/«s

1961

stamped

72%
55 %

,

2%s debentures 1982___

...

1966

64%

49%
49

-——Feb-Aug
"...
"... *

15'/a

18%

87

(interest

(interest reduced
SARio de Janeiro

9
4

53%

June-Dec

2%s

—

*100%

A4>/2s assented 1958
ApriZ-Oct
8 AStabilization loan sink fund
7s 1947—April-Oct
A 4 %s
assented
1968—..
Aprd-Oct
AExternal sinking fund
gold 8s 1950
Jan-July
A4%s assented 1963
Jan-July
Porto Alegre
(City of)—

7%s

72%

53%

—.'...Feb-Aug

14%

99'A

100'A

__Mar-Sept
Mar-Sept
1st series I960—June-Dec
2nd series
1961—April-Oct
gold 6s 1940——April-Oct

6s

f

s

72

53%

52%

.—Jan-July
(Dept of)

14%

20%

100

May-Nou

;

A

106%. 112%

Afay-Nov

14%

"2

*100% 101%

Afar-Sept
Afar-Sept

1947

Plan

2.125%) 2008
of) external 7s

(Republic

8 A Poland

7s

to

87

35

Feb-Aug

4%s 1955

reduced

15%

72%

1984

"

debentures

vrGen

1953 extended to 1963
A5%s extl loan (30-yr) 1958
5%s due 1958 extended to 1968
Oslo (City) sinking fund

8s

2%s

A

1957

Development Co Ltd—
loan
(30-yr) 1953

Stamped pursuant

.,1

Corp 3%s s f debs 1964—May-Nou
American & Foreign Power deb 5s 2030
Afar-Sept
4.80s junior debentures
1987Jan-June

—

14%

—

May-Now

6s due

APeru

—

15%

*35
__

Afar-Sept
April-Oct

extl

5APernambuco

65%

117% 117%

Afay-Nov

1961

2s

debentures

3%s

April-Oct
Municipal Bank extl sink fund 5s
1970_.June-Dec

Oriental

111%

60

65 %

—Afar-Sept

2%s debentures 1971———

—Mar-Sept

1965

loan

external

103

2

111

American Bosch

(interest

reduced

of

16'%

1958—Afar-Sept

Netherlands

3%s

~9 %

14%

*18%

2.125%) 2008
—__Mar-Sept
sinking fund 6%s 1959„Mar-Sept

ex'l

Stamped pursuant

Co

American

(interest

A

17

65%

3%s

Aprfi-Oct

—

sinking fund 6%s

Stamped pursuant

4s

„

*14%

1963_Jan-July

(State)—

extl

111%

-

52%

extended to, 1971

1961

16%

„

:

*18%

(City of)

Minas Geraes
-

loan of '26

extl

17%

...Jan-July
(1942

97

■

8%

1946—Feb-Aug

RAILROAD

1922

1933

assented

94%

Great Southern 3%s 1967—____May-Nov
AlabamarPowerfirst mortgage 3%s 1972—Jaa-July
Albany & Susquehanna RR 4%s 1975
,_Aprll-Oct
Allegheny Corp debs 5s ser A 1962__—_May-Now
Alleghany. & Western 1st gtd 4s 1998——_Aprll-Ocf

—

new

11

2

June-Dec

1955—

2%s
—

1963_jan-JnZy

agree't)

ASmall
A6s

85%

95 %

95 %

95%

Afar-Sept

2%s
_

(assented

'

6%

Alabama

...Jan-July

■

A

A6s

agree¬

i.

ASmall

<8ATreasury

80

8

85%

Ltd—

Co

(City of)—./,,'

American

"9%

1968—Jan-July

1945
;

10

11

readjustment

16%

June-Dec

—

ASmall
A4s

18%

agree't)"

1922

assented

1910

ment)

~

;

1904

due
A

Yokohama

3%s

— —

A4s

15%
140-

13

Mar-Sept

(Republic) external 8s
sinking fund 6s 1960

external

Aluminum

*16%
'

ASmall

127%

10 %

on—

Del Cauca See Cauca Valley
A Warsaw
(City), external 7s 1958

—

agree't) 1963_Jan~-July

(1942

9%

2

15%

85%

1971—„—April-Ocf

Valle

Aluminum

—

1—1———"—
assented

new

110

9%

*10%,

April-Ocf

1945

Allls-Chalmers--Mfg

1945__Quar-Jan

ALarge
A5s

14%

Jan-July

1952—

*

1968—Jan-July

1968

1899

69

13%

1979———_Afay-Nov
External conversion 1979—Afay-Nov
3%-4%-4 A s external conversion 1978—-June-Dec
4-4 %-4%s external readjustments 1978—Feb-Aug

107

(Republic

§A5s

.

1943—May-Nou

1943

assented

ASmall

59%
53

139% 140 r 1

Jan-July

to

—

ANew

68

14%

13%

Jan-July

1963—

extended

1945

6s due

(1922 agreement)

small

66%
81

Ltd—

Co

Power

mtge

External

77% ,87%
121

121

42%

1954—June-Dec

Irrigation—

§ A4%s assented

Mexico

6%s

61

June-Dec

A4%s assented 1958———
AMedellin

-65

•

13%

.June-Dec

sinking fund 6s 1964___
3%-4-4%s
(dollair bond of 1937)—

142

67

1957—April-Oct

69%

June-Dec

1958

AExternal

92

45

62

62%

*61
14

June-Dec

1971—

extended

1953 extended to

A7s

31%

78

75%

120

75 %

79

87

78

1962——Afay-Nov

Tokyo Electric Light" Co Ltd—
'
'A6s 1st mtge $ ser 1953———.——June-Dec

54%

3

'

92

139% 140%
85%

43

276

65

Afay-Nov

—

sterling loan of '12
With

A

51%

15%

Afay-Nov

7s

91

—

..Feb-Aug

1975

53-%

62%

April-Oct

._.—

1962——

due 1961'extended

A5s

76% / 82%

*88

Jan-July
June-Dec

1964

49%

74
87

Jan-July

external

Electric

•'AExternal

1965

extended

B

due 1971

*

44

86

V

73%

/

(interest

Tokyo (City of)—
%A5%s extl loan of '27 1961—

17%

8%

174

53%

50

(Kingdom) —

Council

A5%s
5%s

93% "96%

—

*71

1—Jan-July

1968

Plan A

2012

County

; 93

10

169

14%
—

49

1

(interest

mtge's f 1952—
1952 extended to 1962

(Prov

SAUruguay

7sM951

to

due

Taiwan

6s

Afar-Sept

i.

extended

Jan-July

2004

;'A4%$' assented 1958—

Ujigawa
r.

1952———

1954

due

98%

93

Institute—

of)

1999—

„

49%

50

_Jan-july

1947—^—

7s

2%)

secured

1st

ASilesia

1952, thereafter

(Kingdom

to

series

149%

138%
2

50

50

A

1956————Mar-Sept

loan

external

A6%s

16%

96

8

1

'

15

12%
*93%

—

1977

dollar

secured

_

Japanese (Imperial Govt)—
A6%s extl loan of '24 1954
6%s due

—

95%

52

•

.

s.zzt

Utility

13%

15

External s f 2% to Jan 1,
1952, thereafter
"3% due 1977
Jan-July
Italian Credit Consortium for Public Works
2% to Jan 1 1952, thereafter

2%

95%

52

57 ;

154%

1491/2

3

*48

r—May-Nov
Plan

1

ATBrpart

Italian

\

--

1

98%

*146%

Jan-July
May-Noo

Helsingfors

1977

98%

98%

Jan-July

I960—

A7s_part paid 1964_

'■3%' due

May-Nop

1957—Afay-Nov

Shinyetsu Electric Power Co Ltd—

57

•

10%

—

154% 154%

154%'

_Feb-Aag
Feb-Aug

1950

——

2.25%;

to

reduced

82

•

86%

(interest

Plan A

pursuant to

Croats & Slovenes

Sydney

Greek Government—

Italian

loan

water

A8s

r

6%s due 1950 extended to

1

to

to 2.5'A)

pursuant to

external

Serbs

•64

55

—

*—

—

«

62

4- —

»

7s

external

38

82

*64%

High

75

—

(interest

A

pursuant

A7s

Great Consolidated Elec Power—
A7s 1st mtge series A 1944.

Low

of)—

reduced

reduced

100%

91%

*86

1950————
....Jan-July
pursuant to Plan A (interest
reduced to 2.5 Vc)
1999„—
Jan-July

A7s

•102

100

120

99% 100%

to Plan
2012_

2% )

to

A

2001_—

fl

1976—

Jan. 1

No.

external

44

29%

7

29

100% 102

.Jan-July
1976—Jan-July

1

1967

7s

38

38

Feb-Aug
April-Oct

1976

l

bonds Jan

Range Since

Sold

High

A/ay-Nov

sinking fund

stamped

Stamped

April-Oct

(Kingdom of) extl 5%s 1955
gold 4%s 1962
Salvador (Republic of)—

External
El

42%

—

to

Denmark

Bonds

.

secured

Stamped

reduced

Friday's

Bid & Asked

Stamped

A6s

(interest

or

Sale Price

ApriZ-Oct

Plan

to

2.375*k )

to

(State

1936

A8s

(State)—

assented

pursuant

(interest

98% 100:%

112%

Paulo

8s

38%

June-Dec

(Dept ofi-—
30-year 3s sinking fund $ bonds 1978

Stamped

(City)

reduced

San

*60

100

__May-2Vop

1977

54%

1952
8s 1952

Stamped pursuant

*60

Afay-Nov
1951

99%

51%

34

52

Cundinamarca

Czechoslovakia

Paulo

A6%s extl

99

52

6%s

(City of)

Stamped

__

*97
52

June-Dec

7s

Week's Range

Last

Period

Low

8

*97

Jan-July

of)

Interest

Exchange

High

reduced

Copenhagen (City) 5s 1952
25-year gold 4%s 1953
Cuba

New York Stock

Jan. 1

55%

7%

June-Dec

1927 Jan 1961

(Republic

BONDS

Range Since

Sold

High

*36',4

sinking fund dollar bonds 1970—April-Oct
jAColombia Mortgage Bank 6%s 1947_
April-Oct
§ASinking fund 7s of 1926 due 1946—May-ZVov
SASlnking fund 7s of 1927 due 1947
Feb-Aug

Rica

i

*58

3s ext

ACosta

>A

"

1960

I960-

(Hukuang Ry) 5s
(Republic of)—

Colombia
6s

Municipal 7s

APRIL

Friday
Bonds

Bid & Asked

Low

u&Chilcan

WEEK ENDED

FOR

Range

79%
99%

81%
101

75

74%

75%.

40

72

77
77%

60»/4

60%

613i

35

59

62 %

73%

*77 %

1

■;>

Number 5215

Volume 177

The Commercial and Financial Chronicle

...

(1815)

31

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

last

New York Stock Exchange

Period

Sale Price

or

WEEK

Bonds

Bid & Asked

BONDS

Interest

Last

Jan. 1

New York Stock Exchange

Period

Sale Price

High

No.

Low

Buffalo

Rocnester

Pittsburgh Ry—-

&

5s

88%

96%
94'A

A 3s

88%

Electric

National

Canadian

first

Power

104%

Baking 3s

Continental

Can

debs

4

98

101

Crane

104% 104%

5

105

Crucible Steel Co of Am

104%
82

86

gold

Guaranteed
Guaranteed

4%

1st

*—

95'A

95'A

95%

May-ZVou
April-Oct

»—

95%

95%

97

105 %

105% 106

45

105 % 106

104% 105

Jan-July
June-Dec
Feb-Aug

1957-»
1955—
4%s 1956

4%s

gold

Pacitic

debs

series

Carolina

Clinchfield

105%

106%

mtge 4s June .30

16

105%
104%

106%

102%

104%

102% 104'A

105

Mar-Sept

Ohio

1965

4s

—

Mar-Sept

104%

105% 105 %

3s

1978

mortgage

3s

series

mortgage

3'As

Deere &

106%

96 %

7

98'A

98 3A

12

1978

April-Oct

1965

debentures
1976

i.

98'A

debentures

Central

Pacific

First

Essex

98

105

105

75

85

82%

90

63%

75%

53%

62%

93

9 8'A

75

23

77-

*80%

—

Refund

Jan-July

28

54%

54%

57'A

290

94

9

'V

•

/

*100'A

Feb-Aug
Jan-July

series B 1968
deb 3s 1965

'V-;

100'A

.

97

97

Mar-Sept

and

impt M 3%s series D

and

impt M

Refund

1996—May-Nuo

consolidated gold 4s

101%

94

100'A

95%

56

96

15

V/n

1985—Feb-Aug
2%s 1970__Feb-Auy
Feb-Aug

Gen &

ref mtge

ref

ret

1990

mtge 3s

,

96%

3

96

97%

93

3s

105 %

9 6'A

GO

*94%

AGeneral

5s 1997——-.April
1985
Afay-Nov
Chicago & Erie 1st gold 5s 1982
.-—May-Nov
Chicago Great Western 4s ser A 1988
Jan-July
AGeneral inc mtge 4%s Jan 1 2038
April
inc

mortgage

41

inc series A Jan

4s

81'/a

82

116

*116

86

86

86

3

86

79%

80%

7

79%

3s

First

4'As

Second

4s

4

60

9

V

-

East Tenn Va

96% * 99%

96'A

9 6'A

1

78%

79%

18

78'/a

80%

88

60'A

67'/a

59

64

74%

77%

60'A

60'A

62%

59%

First

mortgage 3s series B 1989

1999—April
Jan-July

59

61

455

*75

80

-~

Chicago Terre

Jan-July

89%

89%

3

89%

El

'Chicago Union

Station—

"

;

mortgage

First

mortgage 2 %s series G 1963

3'/as series F 1963

coll

1st

trust

43As

mtge

ser

72'A

1

72'A

70'A

70'A

50

70%

First

12

100%

100% 102

98'A

98%

*89

I

mortgage

2%s

99'/a

3'As

Cities

Service

-City Ice &

Co

Fuel

City Investing
Cleveland

3s

f debs

s

debentures

4s

Cincinnati

Chic

St

k

Louis

General

series

5s

1993——

B

Refunding and impt 4'As series E
Cincinnati

Mich

Wab k

Cleveland

Div

first coll

St Louis Division

Electric

trust 4s

1990-May-ZVou

1970—Jan-July
First mortgage 3s 1982
June-Dec
First mortgage 2%s 1985
—Mar-Sept
First mortgage 3%s 1986_
June-Dec
Cleveland Short Line first gtd 4%s 1961— April-Oct
Colorado

4%s

Fuel

&

Iron

debs

conv

Columbia

Illuminating

Gas

debentures

June-Dec

series

3s

debentures

series

Columbus &

Elec

Commonwealth

Edison

mortgage

3s

series L 1977—

mortgage

3s

series N

debentures

fund

96%

98%

2%s

s

f

debentures

1999

2%s

s

f

debentures

2001

1978—
1999

91

•

96%

94

—

94

96

96

99

——..

85

85

>

85%

82

104

~1'

102

71%

73

J 71% -79%

64

65

*100

71%

%

34

91%

£0%

91%

96%

96%

97

69

>64%

14

92%

90

2

96%

102'/«

94

100

93%

"W/2

103%

105%

31

99%

101%

98

96%

103'A
97

25

94'A
104

100

100

-

3%s

Power

Consolidated

1961

—

95%

96

18

93%

95%

94'A

7

9 3'A

9

96'A

14

93%

99%

95%
0

102'A

102%

—

7'A

100%

100

106%

103

95%

95%
0

95

99%

95%

99%

93%

97%

(now,3%'/«)

85%

'-1 '

,

85'A

85%
0

85% "

_.

89%

104

*

April-Oct

1965—:.

,

6
"

First

and
and

refund
refund

First

and

First

and

First

and

refund

V 1st &
.

and

First

ref

Mi 3'As

1st &

ref

M

'

mtge 2%s -ser
mtge 25/ss-ser

refund .mtge

2%s

ser

refunding 3s series D
refund

1st & ref

3%s-

M

mtge 3s
mtge
ser

ser

G

series

3s ser F

104'A

.—

104%

-102%

14

/

;

H 1982.-*.-——

1st

ref

M

Gas

El
ser

Lt

T

k

Power

92

89%

1st ref mtge

f 2%s ser X

s

debs

1967—

95%

94 'A

97

98

For footnotes

gee

page 33.




.5

.

■

93%

91%

98

>
>

92

.

'

5

A 4s

102

'

'

■

n

104%
127%

70

2

72
•;

7

103%
ZZ1

95'A

■

102 'A

645

89

89'A

6

92

99

>

.

96%
109

-

95'A

92

93

102%

—

•

*

89 *

„

—

M

104%

•

95%

~,

99

*102%

■

100'A
121%

84 3A

0

•'

5

70

0

100

94(A

32

104%

*__'

■

100'A
:

71

104

103

105%

105

105

4

105

134

134

3

>134

98

98

5

98

109% 109%

2

107

109%

108% 108'A

3

108%

109'A

73%

73%
78

*94%
78
78

135

103

'•

73'A

81%

94%

94'A

78%

18

78

82

78

12

78

82'A

43

75%
99

—

—■

99

May-Nov

99%

4%s

June-Dec

1959—:.

99%
*92

Jan-July

'

98

100%

21

—

—

99%

•Z—'

99 7A

93%
98

99

4

100% 101

24

92

70

98

91%

100%
91%

101%
941/4
102%
102

98%

Co—

Ry

102% 102%

May-Nov

(B

F)

3

102

104'A

100% 100%

5

100%

104'A

series C

5s

General

4%s

General

mortgage

General

mortgage

General

mortgage

D

Jan-July

Jan-July
Jan-July
Jan-July
Jan-July
Jan-July
Jan-July

1976—

3'As

N

series

3'As series O

1990
2000

2%s series P 1982
General mortgage 2%s series Q 2010
General mortgage 2'As series R 1961

Gulf

Mobile

First

debentures ctfs A..

West

certificates

ADebenture
&

2

94

97%

97

8

97

99 %

112

116%

107%

112%

Ohio

3
6

112
0

-

85%

„

'

86

89%

88

86 7A

0

90

82

15

82

84 %

71

17

71

75'/a

93

93

13

93

96'A

*71

93

Feb

82'A

71

Feb

B

112'A

107% 108'A

112

80

75

75

20%

105

101% 101'A

1

18%

12

20%

RR—

and

refunding 4s series B 1975
Jan-July
mtge inc 5s series A July 2015—-April

90%

and

First

94

97

1965—-May-Nov

1973

series

Bay &

94

Mar-Sept

1969

Ry Co—

General

AGreen

100%

Corp—

debentures

Co first mtge 2%s

Northern

Jan-July

3%s debs 1976

Utilities

&

refunding 3%s series D 1969-April-Oct
inc 4s series B Jan 2044
April
Collateral trust 3%s 1968-—
Jan-July
Gulf States Utilities 23As 1st mtge 1976
May-Nov
First
mortgage 3s 1978
*
April-Oct
3s debentures 1969
Jan-July
mtge

First

mortgage 2%s 1979
mortgage 2%s 1980——

2

90%

77%
0__

—

90

1017/a
917A

99%

79

51

90

—

—

—

102

77 %

82

90

92

97%

97%

102'A

*99% 104'A

77%

101%

102'A

June-Dec

First

June-Dec

1st

mortgage

1st mortgage

33As

May-ZVou

1981

3'As 1982

—

June-Dec

z

-

H
Water

Valley

first

Ry

Household Finance

mtge

first

4%s

2%s 1976—Mar-Sept
1999
Jan-July
Jan-July

88%

Lighting & Power Co—
after 7-1-53)
1967

88%

88%

1

*111'A

93'A

135% 137%

154

132%

138

35

94'A

105

135%
94'A
61 »A

94%

96%

61%

62%

35

26%

26%

28%

110

Hudson

&

Manhattan

first

5s

1957

A

1957

AAdjusted income 5s Feb

Feb-Aug
April-Oct

90

117%

~5

...June-Dec

(conv

88%
111

.

93%

93%

Corp 2%s 1970

95%

61

64%

26%

31,7A

6

99%

102

150

101%
94

94

98

93

93

93

111%

94

111% 115%

10

550

111%

series A 1981—Jan-July

series B 1978

3s

90

mortgage 43As-3%s ser A

*97%

120%

93%

95

99%
97 Ya

98%

98 '/a

*94%

mortgage

—

,

'

-

RR—

Consol

96

97 'A

89

5

*97

mortgage
Central

Consol

io;2%

*

94

1979—May-ZVou
53As-3%s series B 1979_May-ZVou
3%s series C 1974
May -Nov
Consol mortgage 3%s series E 1982
Feb-A«p
Refunding 4s 1955—
—
-May-Nov
Refunding
5s
1955—
—
May-ZVou
Debenture
4%s
1966-,
Feb-Aug

Bell Telephone 2%s

Consol mortgage

161

20

97

105

100% ■102

/

*93
•

90

95

First
Illinois

9 4'A

97

89

June-Dec

Illinois

99%

102%

98

1'

.

I

99%

-

Jan-July

June-Dec

1961

debs

May-Nov

95%

-

April-Oct
*

April

E 1964_April-Oct
1990
Jan-July
G 2000— Jan-July

1982

Corp

income

conv

97

,<•
.

6

•

•

95%

:

2

•

.

'

95

16

.

.6

94'A

97

1986——Jan-July

-A

'

"5

95%

95%,

April-Oct

U 1981_

3s

first

4%s

Realty

3'As

OO

87

"C; Z

92

95"

—Mar-Sept

I Bait)—

1976—„—

ser

conv

T'

100'A 100%

2%s

99

97%
87

"

152% 153%

1963—

2015

1972

Denver

Foods

Houston

99%

—

..

87

...June-Dec

debentures

1st ref M 2%s
3 (4 s

88'A
87

May-Nov

1981

Consolidated Gas Co of Bait City—
General mortgage 4'As 1954
:Z——
Consolidated

0

1982-Mar-Sept
B 1911.April-Oct
C 1912..June-Dec
1972_
May-Nov
E 1979_Jan-July
1981'—
Feb-Aug
A

'

Hudson Coal first sink fund 5s ser A 1962.June-Dec

;

3'As series I 1983,—,Feb-Aug

3s convertible

—

1977

92%

Consolidated Edison of New York—

First

1965

Jan

A

series

Rubber

91%

91'A

31

95%

94%
'

—_Feb-Aug

70

'

16

124%

0

refunding 5s scries A 1974—Mar-Sept

&

General

General

94%

Cigar Corp—

Debentures

and

Hocking
A

—

89

124

mortgage 3'As 1971—Mar-Sept

Coast

mortgage

Hackensack

series

93'A

97%

*■

97%

100% 100%

Mar-Sept
AprZZ-Oct
April-Oct

1970
5s

ser

3'As

first

&

East

General

97%

97

97

Anglo-Lautaro Nitrate
River

Tire

Worth

Great

Compania Salitrera—See
Conn

3'As

4'As

debentures

Goodrich

.

Feb-Aug
.June-Dec
.J..April-Oct
ApriZ-Oct
—ApriZ-Oct

102 »/a

90%

99%

0

124

_Mar-Sept.

,

inc

mtge

General

Co—

First

sinking

*92

1970—May-Sept
4s 1955—Feb-Aug

First

3s

37

*98'A

3 (4s

first external

Columbus & Toledo

91/92%

91

April-Oct

1977

ser

South

96%

-967/e

—Feb-Aug

1975

B

C

Ohio

debentures

/
June-Dec

"

1975

A

100

•:

32

G

95

96%

9

Corp—

1966

System Inc—

3s

33/bs

3s

2
.

87'A

87

Feb-Aug
April-Oct
Feb-Aug

—

first

103%

102-%

94%

*„

-

4

91%

May-ZVou

Jan-July

1965

debentures

AFirst
Fort

1st

102% 102%

1991—Jan-July

1st 4s

95'A

Ry—

—June-Dec
June-Dec
1977—Jan-July

General gold 4s 1993

106'A

91

96%

1966„—June-Dec
1961_—June-Dec

debentures

234s

Co

Jan-July

1977—

104

1

91

91

April-Oct

.

94%

■' Z

L';

F

103%
-

11

104%

104
■

1969—Feb-Aug
1974—Feb-Aug

series G

2%s

Corp 25/«s 1959—

Financial

T

•-

98

Co—

consol

t Florida

gtd 33As series E

mortgage

First
C

100

90%

*98%

May-Nov
B 1976-Mar-Sept

1982

78

First

Firestone

May-Nov
1975-ApriZ-Oct
......Jan-July

mortgage 2%s 1978—
-Cincinnati Union ..Terminal—

* 90

•:

78%

70%

1982_

A

1st mtge 2%s

Gas & Elec

First

•

94%

\'Z
■

0

1961

First consol mortgage 3'As series
consol
mtge 3'As series F

Chicago k Western Indiana RR Co—
Cincinnati

100

90%

Georgia div first 5s 1956-May-JVou
first cons gold 5s 1995_Jan-July

Mtge

Ohio Division

Jan-July
—Jan-July

100

Jime-Dec

1995

4s

1982

3'As

&

stamped

General

;

-

First

debs

Southwestern

&

Paso
5s

93

72'A

—

.

91

96

H

■

—

June-Dec

Elgin Joliet & Eastern Ry

Ry—

refunding mtge 2%s-4'As 1994_Jan-July
23As-VUs 1994
Jan-July

First and

Income

lien gold

June-Dec

1995

First

& Southeastern

Haute

—

87

3

Z- '■

*91.;

(N Y)

Erie Railroad

mortgage conv inc.4'As Jan 1

86 3A

E

99% 102*

96%

^

.

80% " 87 %
96

Mar-Sept

1958

Tunnel 4'As

&

subordinate

Edison El 111

Chicago Rock Island & Pacific RR—
1st mtge 2 7/b s ser A 1980
•

62%
101 %

& North Western Ry—

Chicago

4s

71

60

1994
Jan-July
ser A Jan 2019—April
increased series B Jan 1 2044
April

conv

first

gold

Terminal

72'/a

66%

66%

TOO

series A
General mortgage 4'/2S inc
mortgage

89%

*92

—May-ZVou

1976

debentures

1st; mortgage

Milwaukee St Paul & Pacific RR—

Chicago

89%

18

0__

1982—May-Sept

1985

J

ser

K

ser

Duquesne Light Co 2%s 1977
1st mortgage
2%s 1979
1st mortgage 2%s 1980

85%

66%

91

June-Dec

Detroit Tol & Ironton RR 2%s ser
Chemical 2.35s debentures 1961

95

79%

1983

83'A

•

*

*85

Jan-July

1993

1970

Dow

103%
84%
116%

87%

1

89%

82

April
A 2nd mortgage 4%s inc ser A Jan
2003—April
Chicago Indiana & Southern Ry 4s 1956
Jan-July
mortgage

90%

fixed

2%s series I

2%s

3%s

Mack

&

ASecond

Chicago Indianapolis & Louisville Ry—
A 1st

April

—

87%

87%

conv

mortgage 334s series B

and

convertible

Detroit

Chicago & Eastern 111 RR—
First

&

Detroit

(3%

refund

General

104

96%

Jan-July

1993

2018

series H

3s

112

A 9

0

90%

fixed

(3%

contingent interest)

112%

105%

105

mortgage 3'As

First and refunding mortgage
1st k

105

91

78

Lake—

108

——.Mar-Sept

88%

"7

83'A

series A <4%%

mortgage

Gen

1958—

and refunding

First

& Salt

Detroit E'dison

Chicago Burlington & Quincy RR—
4s

101%

Western RR—

interest)

111

110

*—

36

'

May-Nov
May-Nov

1985

B

ser

contingent interest)

Income

104 %

101'A

16

101% 102'A

Jan-July

1989

102'/a

.

96%

80%

&

mortgage series A

Denver

100 %

100

97

100

—

100%

*88

—May

coll tr 5s ser A 1985

AIncome mortgage

120%

94

94

94

impt M 3%s series H 1973__June-Dec
R & A div first consol gold 4s 1989_
Jan-July

112

97

_

100

101

98%

Division—

Rio Grande

l'/o

98%

0

100%

101

—

0

Light 3s 1973
April-Oct
First mortgage and coll trust 3%s 1977_June-Dec
First mortgage and coll trust 2%s 1979-Jan-July
1st mtge & coll trust 2%s 1980
Mar-Sept

99%

15

TOO

1973—May-Nov

C

M«y-Nov

Power

First

95%
98

-

Div

1 2042

mtge & coll tr 4'As

&

88%
98

20

97%

.

94

94

1996—Feb-Aug

3%s series E

113

112

and

General

trust 4-6s May

contingent

1992

r

RR Co—

1993

mtge &

103

97

1

1963-——May-Nov

series

5s

due

Delaware

102

101

*102'A 103%

.

division

Denver

65%

63%

Feb-Aug

1974

Refund

Second

89'A

June-Dec
April-Oct

Wetesrn

&

1st

Chesapeake k Ohio Ry—
4'As

88%
0

June-Dec

Jan-July

1st
1

v.:

93

63%

April-Oct

1974

Paper & Fibre

General

&

Collateral

::

.

3s

3%s series A

3%s

mortgage

Champion

34

Feb-Aug

extended

M

mortgage

Ry Co-

refund

First and

30%

1965

& Western

refund

AIncome
Morris

98

1995

1987

Power

York

and

First

98%

Pennsylvania

3(4s

mortgage

New

4

34

,

.

Lackawanna

York

101%

*98

4%s series A Jan

of N J—

RR Co

34

1982

4s

98

*98

Jan-July
1 2020—May
mortgage 4'As series B Jan 1 2020
May

General

Hudson

99

*98

Ry—

mortgage 4s series A

Central

34'/8

34

1977

96 %

Central

35 -A

32%

1978

A

2%s debentures

Co

debentures

3%s

April-Oct
1960—I
Feb-Aug
3'As debentures (1947 issue)
I960-.
Feb-Aug
AfCentral Branch U P 1st gold 4s 1948_JU7ie-Dec

AGen

31'A

2

Dayton Union Ry 3'As series B 1965

98%

96%

99%

*96

mortgage

First

New

of Georgia

10

34 'A

1975—April-Oct
Jan-July

Dayton Power & Lt first mtge 2%s

106'A

102

2

59

98%

AGen mortgage

35

34%

D

95%

First

34%

June-Dec

Lackawanna

Central

27%

35

June-Dec

Delaware

3s

23 *

June-Dec

95%

3'As

16

1970-—,

94%

Corp

27%

1970—

93%

Corp

40 *

26%

A

*—

debentures

96%

101%

27%

B

Feb-Aug

3%s

*94%

98

99

Jan-July

ser

&

Celotex

*98% 100

103%
97

ser

Delaware

Celanese

96'A

101%

31%

4s

107%

3

104(4 104%

Jan-July

:

•;

debs

*100% 101'A

20

96'A

96'A

4s

69

3%s

91'A

32

ref

63

Co

17%

19

40

ref

67

I)

64

95%

39%

&

*„

(J

19

92'A

39%

&

First mortgage guaranteed 4s 1981—L—June-Dec
Case

18%

June-Dec

1970—

First

&

98

102%

91%
*—

3%s 1966 May-Nov

1970—

Imp & equip 4s 1970

Carthage & Adirondack Ry—

1

1st mtge

series)

First

(perpetual)

1960

A

High

97%
100

Ry—

(1942

4s

1st lien

Capital Airlines Inc—
4s

18%

—April-Oct

1976—

1st lien

Ry—

debenture

consol

mtge

Low

99

1977 ———May-Nov

debs

f

s

Northern

Cuba

1976—June-Dec

3s

3'As 1974

gold 43/4S

Canadian

3%s

Co

3'As

No.

96

*—

April-Oct
1975——Mar-Sept
1965—
Jan-July

debentures

90

86

*—

Range Since
Jan. i

Sold

to payment

as

mtge 2%s

85

*83 %

ApriZ-Oct
May-Nov

2001—

first

66

Ry—

Guaranteed

(stpd

dollars)

Bonds

High

Cuba RR—

consol gtd 5s A 1962

Canada Southern

S

Power

89%

C
California Oregon Power

U

Consumers

1st

California

inc debs

cum

in
20

100% 100%

I982u_^_—-Jan-July

income

mtge

gen

90

90

Z'

90

Continental

gtd 1960———April-Oct

Bush Terminal Buildings 5s

V" 94»A

*100'/2
90

5s 1955—__—__-Jan-July

Co Cons

Terminal

'-87

1968_.

2%s

Gas

3'As debentures 1976
Consolidated Railroads of Cuba—

—

1957—--———May-Nov

Stamped modified 4%s
Bush

87 %

Range
Friday's

or

Bid & Asked

Low

104%

96%

Jan-July

:

first mtge 2%s 1975_May-Nov

Niagara Elec

Buffalo

103

*81

Week's

High

101%

Jan-July

3s 1980—
Brown Shoe Co 3%s debs 1971

M

Consolidated Natural

Brooklyn

mortgage

APRIL

Range Since

Sold

Bristol-Myers

1st

ENDED

Friday

Friday's

Low

Co 3s debentures 1968
April-Oct
Union Gas 4s debentures 1969—Mar-Sept
General mortgage 2% s 1976-——Jan-July

FOR

Week's Range

Illinois

Terminal

Indianapolis

Ry

Union

4s

Ry

series A

1970

Jan-July

—

'

'

94%

95

6

97 %

99 'A

103% 103 7A

3

103%

104%

106% 106%

16

105%

107

103%

49

102%

104%

5

85'A

90

91

91

97%

103

103

88%>

98

89

Co—

Refunding and imp 2'As series C 1986—June-Dec

*90

'

The Commercial and Financial Chronicle....

Monday, April 27, 1953

NEW YORK BOND RECORD
RANGE FOR WEEK ENDED APRIL 24
Week's Range

Friday
BONDS

Interest

Last

New York Stock Exchange

Period

Sale Price

Bid A Asked
Low

Inland
1st

8teel Co 3M.S

ar-8ept
Mar-Sept

debs 1972—

3.20s series I

mortgage

101

Range Sine*

Sold

No.

High

100% 102%

56

BONDS

Jan. 1

New York Stock

Low

A First
A

6s series A

100%

110

fJSi oJ?

101

Sn jS!

subord

debs

s

Power

65%

10

1017/e

New Jersey Power A Light 3a 1874_—_—Mar-Reft
Orleans Great Nor 5a A 198J
J as-July

108

103

113

120

AFirst

79

AFirst 4%s

35

99% 100
85%

99%

♦82

107

80

98

AFirst

100%

1st

N

4
,

3%s

95

New

*96%

53%

100

18

100

*100

2

*99%

100

■

'

155%

97%

97%

9

2'A

2%

97%

37

83

83

mortgage 5s extended to

Long Island Lighting Co—
1st mortgage 35/as ser D

&

mtge 3%s
refund mtge 27/sS
refund

ser

*89

mtge

3 '/as

1st

92

85

85

86

83

May-Not
May-Nov
May-Nov

II

71

71'A

H

68%
76

87

4s

1S55

83

99%
97%

Macy

(R H)

& Co 27/8s

debentures

Manila

RR

(Southern Lines)

4s

1

1959

Dept Stores 25/as debentures 1972
3'As s f debentures 1978
Mead Corp first
mortgage 3s 1966—.
mortgage 23As 1980

91'A

*80

87

First mortgage 27/aS 1969

mortgage

3%s

1967

Paul & Saulte

St

15

99%

lien

5s

series

1962

91'A

1

w—»

—

99%

5

96

A Cum

B 1962.
4V2S series D 1978

adjustment 5s

ser

A

Jan

tMissouri Pacific RR Co—
AFirst and refunding 5s series
A
AGeneral 4s 1975

1967

90%

AFirst

and refund gold 5s
ser-H
AFirst and
refunding 5s series I
Mohawk & Malone first
gtd 4s 1991
Monongahela Ry 3'/4S series B 1966

June-Deo

June-Deo

101

,

—

98%

95

102%
98

82%

1

102% 102%

4

82%
*__

89

»

90%
103

94%

82%
99

4
—

92%

84%

3

56'/a

21

90%

92%
*__

April-Oct

80%

91%
103

92%

92%
81 %

98%

82%
99%

84%

90 %

103%

1

92

94
-

96

106%

106

109'/a

108

106

118'A

106

109

233

106

118%

64

64

3

64

106

117%

423

101%

117%

106

109%

169

106

118

109

116

106

118

87%

*99

1.123

-a—

98%

99

60%

61%

81%

98

101%

69

98%

7

98%

64

59%

102

102%

16

101%

101%

44

100%
84 %

debentures, 1976
Products 3%s debs

Natl Distillers

Steel

Corp

1st

3%s

1974

1982

National Supply 2%s
debentures 1967
Naugatuck RR first gold 4s 1954
New England Tel & Tel
Co—

First guaranteed 4Vis series B
1961..
3s debentures 1982

*—

96%

100%

Telephone 3%«

see

page 33.




«•

96%

99%

15

98%

23

97

100%

101%

98
*—

98%

*„

99y*

98

101%

98%

*100%

*__
92

*—

__

107%
96
92

100%

7088„Fcb-Aut

87%

92%

98%

•80

85

101%
107%
95%
92

100%
80

95%

95'A
110%

110% 112%

95%
—

1107/a

120%

108

108

—

——

103'A

104

102% 104

26

102%

106%

99%

101'/a

*103%

37

*99% 100%

68%
67

67

99

99

69%

77

68%

2

99%

58

99

33

75'/a

67

103%

103% 103%

103 %

103% 104

4

104

103% 104

37

71'/a
101

102%

105%

103

106%

103%

94

*88%

Feb-Anf
April-Oct

89%

105%

93

93

88%

—

—

Jan-July
Feb-Aug

94%

—

*Q2

92

102'A

92%

102%

—

—

.

102 Ye

—

—

—

—

90%

92%

93%

100%

■

—

—

♦

—

89%

93%

—

April-Oct
May-Nov

89'/a

*

.

*89

Feb-Aug

6

96

89%

—

__

—

95 %

95

95

90

'

——

91

*99

June-Dee

26

94%

89 %

Mar-Rept

94

—

—

—

— —

102%

' 102%

995/a

101'/a

—

99%

24

99% 100%

& Electric

Co—

refunding 3%s series I 1966

June-Do*

*101

June-Dot

101%
109%

95

95

June-Dec

91%

91%

93%

27

91%

98%

June-Dee

91'A

91 %

92

16

91 'A

92

92%

93%

2

92%

98%

2

87%

June-Dee

88

96%

96%

*

June-Dee

91

*

*91%
98%

98%

86

87

3%s debentures 1987

3%s

debentures

1978

June-Dee

Paducah

& Illinois

1st

s

f

101%

94%

96

8

15

95%
104 %

86

91%

91%

98 %

92 %

98'/a

„

92'A

91%

91%

2

9 3'A

91%

99

*95

102%

96%

97%

101%

♦

3%s debentures 1983

Mar-Rcgi
3%s debentures 1981
Mar-Mop
Pacific Western Oil 3%s debenture* 1964—June-Dee

93
95

96

'

*

April-Ocf
April-Oct
Mar-Beg*

101%
100%

91

22

93%

June-Dee

93 y®

97%

99%

102% 102%
*

gold 4%s 1958—Jan-July

23

98%

—

*101
.

—

—

102
■

105%

98%

98%

101

101

Pennsylvania-Central Airlines—
A3%s convertible Inc debs Sept. 1 1968
Pennsylvania Glass Sand 3%a 1960
Pennsylvania Power & Light CoFirst

mortgage

3s

1975

87

April-Dot
June-Dec

April-Oct

88%

*100'A 101

17
—

85

88%

100 %

101%

90%

30

107% 107%

17

107%

109 %

217

90

90

90

98 Vb

Pennsylvania RR—
Consolidated
General

sinking fund 4%a 19€(

4'As series A

General 5s series B
General

1965

&

ref

mtge

3%s

..

1981.

ser

H

—Peb-Asf
June-Dec

1968

4%s series D

General mortgage 4%s series B 1984
General mortgage 3%s series P 1983
1981

103

102'/a 103 »A

June-Dec

107

107

JprfLOet
Jan-July

109'A

103

94%

98'/a

96%

100

9

98%

76'A

June-Doe

105'/a

106'/a

96

95'A

Jen-July

102 %

25

94%

94%

77

107%

AprD-Oet

88%

April

52%

Mar-Bept
Feb-Any
Jan-July

*109

General

5s

series

B

1974

General gold 4%s series O
1977—
Philadelphia Electric Co—
First & refunding 2%s 1971—
First & refunding 2%s 1967—
First & refunding 2%s 1974-

First

&

First &
1st A

refunding 2%s

1981-

refunding 2%s 1978—

ref

M

3%s 1982.

IA Philippine Ry 1st sink fund 4s 1937—
t A Certificates

of

deposit

88%
52%

_May-Nov
June-Dec

—Jan-Julf

,

89%

20%

90

52%

61'A

94%

98

107%

__

3
19-

83

107

93

97%

6

95%

97%

93%

92%

■

110%

104%

_

96'A

*93 %
♦

85%

3

93

88

—

10

—

95%
*

Feb-Auf
Jan-July

82'A
105

55

93

95%

76 V*

95

*103%

June-Dee

-May-Mop

5'A

101

*93

.

20

*101

AIncome 4s April 1990
Pere Marquette Ry 3%s series D I960
Philadelphia Baltimore & Wash RR On-

99%
80

97%
95

3

88

June-Dee

series R 1982

103%

98

95

June-Dec

99

100%

103

*97

June-Dec

Peoria & Eastern first 4s external 1960

85
15

97

18B8

Jersey Junction RR gtd first
For footnotes

May-Not

87%
93%

99

May-Nov
April-Ocf

89%

WMir

June-Dee

100%

Mar-Sept

3s debentures 1974
New jersey Bell

New

April-Oct
May-NOT
June-Dec

98%

8

90%

June-De*

89%

92%

101%

94

series S 1988

102

84%

*—

92%

90

97

U 1985
Pacific Tel & Tel 2%s debentures 1986
2%s debentures 1986

102%

101

*83%

Feb-Aug
June-Dec
June-Dec

94

—

series T 1876

63%

100

&

refunding 3%s
First and refunding 3s
First & refunding 2%s
1st & ref mtge 3%s ser

1st

1970—June-Dec

70

61%

89

8

94

*98%
*—

First &

84%

106%

21

85%

61%

89

_J«s«-DM

Peoples Gas Light & Coke Co—

debs

62%

89

First & refunding 2%s series P 1981
First & refunding 2%s series Q 1980

94%

99%

109

1984

First & refunding 3s series M 1979
& refunding 3s series N 1977

66

1981—_Feb-Aug

1986

*__

—June-Dec

First

93

55

80

1982

First & refunding 3s series J 1870
First & refunding 3s series K 1971
First & refunding 3s series L 1974

102%

78%

N
Dairy Products 2%
3s, debentures 1970

80 %

Co—

mortgage 2%s 1980—
mi/ge
mtge o78o 1982.
33/eS is.*

First

91

98%

93

Power

debentures

Pacific Gas

104%

91

101% 107

—_

15

70

68%

—May-Nov
Jfar-Sept
Oregon-Washington RR 3s serlea A 1260—April-Ocf

99%

101%

106

102

85%

P

97

106

60%

4b

29

84%

First

100%

106

81%

43

25%

'*

102%

Mar-Sept

Oklahoma Gas & Electric 2%s 197B.
First mortgage 3s 1979—

81

8

8

States

1975

mortgage 2%s 1975
mortgage 2%s 1980

1st

97%

33

——

4%s

trust

82%

45
25

84I/

Quar-Jan
Quar-Feb

2047

Ohio Edison first mortgage 3» 1874

100%

81%

106

78

11

82%

•__

Quor-Jom
1

Jan

First

101%

__

55

103

105

_

101

84%
—

6b

102

—-

1997

3s

1st mortgage 3%s

98%

92%

97%

*96

64

2

O

95

—

lien

8%

♦

~

& ref 5s 1974—Mar-Rept
refunding 4%s ser A 1974
Mar-Sept

registered

102

7'/a

15

102

82%
~

(Wisconsin; first mortgage 2%s 1877. —April-Oct
First mortgage 3s 1979
.Mar-Sept
Northwestern Bell Telephone—

—"

98%

*101%

.May-Nov

64%

64

102

*

98

100%

1

*88

1848.
....
1944

w i

first mortgage 2%s 1974
mortgage 2%s 1975
First mortgage 3s 1978
First mortgage 2%s 1979

'

102%

gold 5s
8viu

First

94%

93

93

97%

1940—

5s

first
111 ov

mtge 4s

Collateral

103%

97

95

*—

gold

Jan-July
_Feb-Aug
_Feb-Auf

(Minnesota)

„

*—

Mar-Sept
_Feb-Aug
debentures 1958—_May-Nov

National

64%

Jan-July
J on-July

registered 2047
Quar-Feb
Refunding & improve 4%s ser A 2047
Jan-/«(y
Refunding & improve 5s series O 2047—Jan-July
Refunding & lmprov 5s series D 2047
Jan-July

92%

1949—.May-Not
1980—ApriZ-Oct

Nashville Chattanooga & St Louis—
First mortgage 3s series B

April-Oct

100%

1

89

89

3s

—

Aprll-Ocl

3Vis 2000
June-Dec
Construction mortgage 5s series A
1955—May-No®
Construction mtge 4'/2s series B
1955
May-No®
Mountain States Tel & Tel
23/aS 1986
—May-Nov
3'/as debentures 1978
April-Oct

3%s

1st

4s

101%

93%

—

100%

*

refunding 5s series F
refunding 5s series G
IA Convertible gold 5 '/2s
series A

National

93%

General

83

106%
101%

AFirst and

(John) & Co 3s
Morris & Essex first
gtd

89

Northern Pacific Ry—
Prior lien 4s 1997

93%

80%
99

1965—_Feb-Aug
Mar-Sept
1977—Mar-Sept
1978—May-No®

AFirst and

Morrell

Z'/s

3

General &

99

89

96

*__

Jan-July
Jan-July
Jan-July

40-year 4s series
Prior lien

3

101%

91%

RR—
A

29

104

97%

Marie-

Missouri Kansas & Texas first
4s 1990
Prior

108

92

--

*„

First mortgage 4%s inc
series A Jan 1971
May
AGeneral mortgage 4s inc Eer A
Jan 1991
May
Mission Corp 3%s s f debs
1966
June-Dec

Missouri-Kansas-Texas

7%
3%

99

31

*44 %

Mar-Sept
Mar-Sept
Jan-July
-Aprtt-Oct
April-Oct

1969

37/8s sinking fund debentures 1967
t§AMldland of N J first ext 5s 1940
Minnesota Mining &
Mfg. 23/4S
Minn St

7%

100% 100%

Jan-July
1st & cons mage 4s ser A wl 2004
Jan-July
Gen mtge 4%s ser A wi 2019
Jan-July
N Y Telephone 2%s series D 1982
Jan-July
Refunding mortgage 3%s series B 1878—Feb-Aug
Refunding mortgage 3s series P 1981
Jon-July
Niagara Mohawk Power Corp—
General mortgage 2%s 1980
Jan-July
General mortgage 2%s 1980
April-Ocf
Gen mtge 3%s 1983
Feb-Aug

94

98%

79%
83'/a

3%

112%

99%

95

76

82

7%

Norfolk & Western Ry first gold 4s 1996—Aprll-Oc»

*101% 102%

*97%

89

16
—

Northern Central general

~~

*

11

77%
90

3%

79%

Jan-July
Feb-Aug

Jan-July
1969—Mar-Sept

76

75%

68%

96

99

89

89

•83%

89

68%

gzti JLCllIiiuai
§ATerminal

79%

111%

86%

89

~1

89

68%

1st
iSfc

3'As debentures 1988
Michigan Central—
Refunding & impt 4V2S series C 1979
Michigan Cons Gas first mtge 3'/2s

£9

100

58

74

mm

89

100

222

74%

6

98 %

406

■.

*80

92

94
87

71

68%

l.

64%

58%

63%

;

66

59%

68%

6

——

64%

59

58

Term

88%-

99

97%

58%

69

§ AFirst refunding 5s 1937
SASecond gold 4%s 1937

75%

71

2

39

63

Haven & Hartford RR—

8

May-Noy

Feb-Aug

59

*59

58%
60%

58%
59

58%

Northern

Metropolitan Edison first mtge 27/bS
1974—May-No®
First

Michigan Bell Telephone Co—

1973

37

87

0

1972—May-Not
1957—May-iVo®

May

First

Y New

2%s

Sugar 4s sinking fund Feb

B

series

{AGeneral

M
Manati

—

76%

99%

April-Oct

May-Nov
1979—May-No®
Feb-Aug

Harlem

&

N Y Steam Corp first 3%s 1968

91

76

Mar-Sept

mtge 23/4S

6 6'/a

June-Doc

—April-Oct

69'A

87

2003
April-Oct
2003—April-Oct

1982

73%

59

9

»100

1986

N Y & Putnam first consol gtd 4s 1998
N Y State Electric & Gas 2%s 1977

•

April-Oct

1980

70

36

73%

First mortgage 4s 1954
May-Nov
JAN Y Ontario & West ref 4s June 1892_Mar-flept
AGeneral 4s 1955
June-Doe
N Y Power & Light first mtge 2%s
1976—Jfor-Sepl

93%

87%

3

65

76

85

66%

86%
63'A

68%

May
May
May

11

66'A

a

63%

11

83%

*

—Mar-Sept

G

78%

2

60

First & refunding mtge 4s ser A 2007
Jan-July
AGeneral mtge conv inc 4%s series A 2022
May
Port Chester—

87%

*100

F 2003

73

70

59

May-Nor
Jan-July
Jan-July
May-Nor
May-Nov

93

87%

May-Nor

ser

St Louis Dlv second
gold 3s
Atl Knox & Cincinnati Div

1st

90%

83%

June-Dec

1963

1998

73

70

84

100%

*111%

ser

mtge 3%s

Louisville Gas & Elec

100

,•

First & refund
&

1

*„

June-Dee

(P) Co 3s debentures
3s debentures 1976.——.—

registered

73%
70
59

87

96%

April-Oct

1976

Lorillard

First

91

April-Ocf

Louisville & Nashville RR—
First

6

72%

Harlem River &

87%

92%

1979

general 4s series 1962
Electric 7s series A 1952

ALombard

91%

1965

5s

86 y»

~5

N

83

100% 100%

First & ref 5s

Miami

78

76

IN Y Susquehanna & Western RR—
91%

stamped 1974
—Feb-Aug
Lehigh Valley Harbor Term Ry—
First mortgage 53 extended to 1984
Feb-Aug
Lehigh Valley Railway Co <N Y) —
First mortgage 4'/2S extended to
1974—Jan-Julf
Lehigh Valley RR—

First

70

110

York

4 %s

3%

83

64%

232

77%

25

99%

81

246

71 %

76

84

161

83%

66

70

87

100%

81%

Lehigh Coal & Navigation Co—
'
Sinking fund mortgage 3Vis ser A 1970—April-Oct
Lehigh Valley Coal CoFirst & ref 5s stamped 1954
Feb-Aug
First & ref 5s stamped
1964.....:—-——Feb-Aug

Little

Jan-July
J an-July
Feb-Aug
Feb-Aug

gold 8%i 1888

N Y Lack & West 4s series A 1978

99%

1

64%

84

100 %

99%

——'

•150

First mtge sink fund 3% ser A 1968
June-Dec
Lake Shore & Mich South gold 3%s 1991-June-Dec
3Vis registered 1997
June-Dec

Lexington & Eastern Ry first

1997

1997

collateral

gold 3%s 2000
Mortgage 4s series A 2043
Mortgage 4s series B 2043

53%

99 Vk

-

65%
76%

87

111%

47%

99%
102

70

April-Oct

98%

111 Va

53

101%
104

99%

N Y

103

96%

100

98%
100

N Y Connecting RR 2%s series B 1978

104%

—

*104%

53%

103'/a
103

13

*102

April-Oct
April-Oct
Mar-Bept

2003

—_

Chicago & St Louis—
Refunding mortgage 3%s series B 1980

Lakefront Dock & RR Terminal—

4Vis contingent interest

3%s

mortgage

registered

Shore

First mortgage 3s series F

103% 104

—»—

Series F 5s contingent interest 2003.
Lehigh Valley Terminal Ry—

Jet-Am

....

Michigan Cent collateral gold 8%a 1898—Feb-Aug
3%s registered 1998
Feb-Aug

*90

Kentucky Central 1st mtge 4s 1987
Jan-July
Kentucky & Indiana Terminal 4%s 1961—Jan-Jul*
Stamped 1961
Jan-July
Plain 1961
Jan-July

Series B 4Vis fixed interest 2003
Series C 5s fixed interest 2003
Series D 4s contingent interest 2003

4s series A 1998.

to

Lake

89%

~5
U

*—

93

90

99%

100%

99%

deposit—

93

*88%

"Tr"—{

General consolidated mortgage bonds—
Series A 4s fixed interest 2003

of

86

91

102%
102%

99%

89

90

99

99%

100

JPeb-AUf
-ApriLOct

90

89

16

deposit—

87%

♦

mtge 4s

1961—.....

99%
102%

90

1st mortgage 2%s 1980—
Kansas City Southern Ry 4s ser A 1975—Aprti-Oct
First mortgage 3%s series B 1968
June-Dec
Kansas City Terminal Ry 2%s 1974
April-Oct

Series E

96%
105

Central & Hudson River RR—

Y

General

Kings County Elec Lt & Power 6s 1997
Koppers Co 1st mtge 3s 1964
JAKreuger & Toll 5s certificates 1959

99
*102

86

1®59_^»«-Dee

1976_Mar-Bept

1990..
Kansas City Power & Light 2%s 1976
First mortgage 2%s 1978

4 Vis unguaranteed

High

94%
103

deposit—

of

5%s series A 1954

3%s

Mich

Low

_

-Fab-Rat

series A 2018—April-Oct
Refunding & impt 5s series O 2018
April-Oat

93

K
&

Jan. 1

No.

96%

♦100

_Aprii-O0l

series D 1956

l^onsoiiuuieu
Consolidated

—

4s

1954.

Refunding & lmpt 4%s

•

J

Kanawha

♦-

Range Slnea

Sold

High

York Central RR Co—

New

.

—Jen-July

1978
3s 1880

1st

Bonds

Friday's

deposit—
1956

of

ACertificates

85

100%

B

of

series C

5s

ACertificates

Co—

Jersey Central Power & Light 2%s

series

5s

ACertificates
AFirst

ACertificates

mortgage 3%s

Jamestown Franklin & Clear

or

Bid A Asked

New

1127/a

Jfar-6ept
,

1st

1st mortgage

160

104

*104

1977.—J^-J** »
1972_.May-Nov

f debentures series A 1977

Interstate

18

72%

104

Inter Rys Central America 1st 5s B
Interstate Oil Pipe Line Co—

3%s

112%

65'/a

104

First gold 5s series C 1956--—-Jon-Jut*
International Minerals & Chemical Corp—
conv

110

65%

Aprtl-Oc*

1956---

A

3.65s

Sal* Price

tNew Orleans Texas A Mexico Ry—

1952

B

Last

Period

Lots

109%

100

,

Adjustments 6s series A July 1952
5s series

Interest

Exchange

High

tlnternational Great Northern RR

AFirst

Week's Suit

Friday
Bends

Friday's

or

95%

87%

96

95

98

100

1

94%
97

103%

20

20%

51

17'A

20%

lS'A

20

20

16%

20

Number 5215... The Commercial and Financial Chronicle

Volume 177

(1817)

NEW YORK BOND RECORD
RANGE

Friday
Last

Period

Sale Price

New York Stock Exchange

N

or

Pills bury

1964
1972

Mills, Inc 314s s f debs

Feb-Aug

98%

June-Dee

Consolidated guaranteed 4s ser G 1957
Consolidated guaranteed 4s ser H 1960
Consolidated guaranteed 4%s ser I 1963

Hiah

98%

BOND S

Inter est

Last

Jan. 1

New York Stock Exchange

Period

Sale Price

No.

Low

10

97%
98

Low

Refund and lmpt M 4s series C 2011

_I

Feb-Aug
Feb-Asg

109%

Consolidated guaranteed 4%s ser J 1964_May-No®

109 Vi 109%

106

Texas & New Orleans RR—

108

1

_

Texas

105%

—

1C4

109%

109 %

—

*109%

Refund and lmpt

101%

103%

„

*105%

109%

General

mortgage fit aeries A

mortgage 5a series B 1975

General mortgage

Jane-Dee

103% 105

April-Oct

S%s series E 1975

Pittsb Coke & Chem 1st mtge 3Vis

105

19

103%

*103

April-Od

82 %

82%

22
1

debentures

First

1974

1965

Jan-Jxiy
April-Oct

100 Vi 100%

9814

98%

1

100%
98%

102

*99 %

June-Dee

97%

100

*98%

April-Oct
Aprll-Oct

Income 5s Jan 1960
Tel ft Ohio Cent ref and lmpt 3%s 1860
Trl-Contlnental Corp 2%s debs 1961

101

35

98%

99%

97%

100

97%

97%

97 Vi

97%

*104% 107

Feb-Aug

104

Plttston

Co

5%s

debentures

3s

104

First

mortgage 2%a 1984
Terminal 4s

Providence
Public

*100%

93%

1968

98

First and

First

and

First and

3%s

04

98

98%

*—

99%

*128

refunding mortgage 8s 2037
June-Dee
refunding mortgage 3s 1972—May-Nov
refunding mortgage 2%s 1979_June-De«

*—

W'-:;

23

195

98%

98

Rochester Gas ft

102 %

1st mtge ft
1st mtge

195

201 %

1

98%

98%

10

98%

4%s
U

99%

96

96%

96%

98%

99%

1st mortgage 4s

6

81%

98

1

93%

100 y.

1977

D

3%s series J

1969

Mar-Sept
Mar-8ept

100%

100%

♦96

100%

96

72%

70%

86

97%

38

96%

85%

86

67

85%

98

111

99

*96

Seaboard Air Line

May-No®

.

:.

97%

*110%

*--*•' : '
——

mm

-

•*.«.

94

94 %

3

94

98

95%

95%

2

95%

97

102%

105

conv

debs

Southern

Indiana

Southern

*__

f debs

118%

Warren

112%

90%

*98%

3
■''

__

90%

3%s

98%

*93

93%

*96%

—

97

91

91

91%

30

30

30

Jan-Juiy

*—

91

30

100

'

102'A

97%

5
1

90

96%

105 %

323

101

toa%

90%

90 '/a

22

80 %

90%

83

13

90

—

101

102%

*91%

103%

*__

104%

103%

45

104%

101%

105%

86

88

*98

95

103

1

14

«««*

__

90%

92%

,

.A;\

93

95%

*98

Mar-Sept

97

102%

91%

97%

103% 104'A

'

<m*m

88%

.

95%

*101% 103%
101% 102

102

i

80%

98

*__

■

96%

90%

*__

—-

97

.

98%

5

ref

1966

'

»

| '

*—

90%

,

101%
94%

90%

—

'

*99

mm

-

mm

—

92%

...

*—

I

98%

94%

102%

90%

*102%

mnm

104%
101%

99%
102

105

——

105

105

2

4^-

'

•

100% 101

23

99%

13

88

88

— —

99%

88

„

99%

"

-

.

*—

——

«**.,''

•

"J

*95

101%
93%

2

99%

99%

100%

88%

1st

3%s

4s

mtge 4Vis

111

&

7

75'/8

97%
92

4%s
2%s

80%

75

102%

102 J/4 103 J/4

71

101%

87

100%

105%

100 Vi

100 % 101%

50

100 %

103%

10

98

98

—

84

85%

10

98

98

77

80

4

79

86 "
— —

98

*__

■-

95

*._

——

78

78

*93

94'%

116

116

116 %

27

116

101

„

——

101% 102'A

52

101%

103 %

107 % 107%

9

107%

109

108% 108%

8

107%

110%

108%
108
89%

108

93

12

110

*__

108

2

89'%

89'%

98

•

mm

67%

95%

V

102%
105%

12

65'/a

66%

44

62

63%

34
41

100%

104

—

105

106%

62%

*105

—

.

68%

64%

67

62

debentures

A

—

__

103% 104

103%

Jan-July

1980

*92%

__

28

98

4

98

—

Corp—

Mar-Sept
Mar-Sept
Jsn-July
May-No®
April-Oct
Jan-July

*__

98%
46

100%

7

*101

—

Certificates

of

deposit

65

,

J**«-Dea
Mar-Bopt
Jan-July

'

'

*11

—

*11

—

——

101%
--

77%

80%

20

93%

,

81%

——

'

67

65

—

2%s 1976
First mortgage 2%s 1979
Wisconsin Public Service 3%s 1971—

Wisconsin Electric Power

104%

76%
63

67

44

79%

•

mm

101%

98'A
100
—

79

79%

general 4s

101%

100

mm-m

98% 100%
100

——.

96%

97

__

98%

*96%

Waa.

99 '

92

100

*__

mm

104

101%

95

93%

Mar-Sept

1971

96%

95

—

1C0

—

89%

91

88%

101

110%
93

89

99%

'

A

95

95
101 %

103%

103% 103%

■

65%

Jon-July
April-Oct
May-No®

1949
Jan-July
ACerticifates of deposit—
I ASu ft Du dlv and term first 4a 1936—May-No®

120%

102Vi
107 Vi

104%

102%

100% 101%

——

Mar-Bey*

5s 1960
debentures series

fiAFirst

57

54

——

25

102% 103

^Wisconsin Central Ry—
*84

81%

114%

105%

-

Jen-July

Wheeling ft Lake Erie RR 2%s A 1992
Wheeling Steel 3%s series C 1970
First mortgage 3 Vis series D 1967
3 %s debentures
1965
Wilson ft Co first mortgage 3s 19S8
Winston-Salem 8 B first 4s 1960

105%

100% 102'/a

97

80

RR Co—

ref mtge

Westlnghouse Electric

——

85%

90

*__

Jan-July
Jan-July

guaranteed 2301.

series B 1976

Pacific

83%

*55

mm

102%

May-No®

1974

3%s ser A 1981—
Western Union Telegraph Co—
1st

85%

7

105% 109%

106%

Feb-Auy
Feb-Aug
1987—Jan-July
mortgage 3s guaranteed 1979
May-No®

first

1
2

91

79

:

88 %

83%

90

May-No®

gtd gold 3%s 2006

Western

95

'■

88%
83%
mm

Aprll-Oot

registered 2361
Western Maryland Ry 1st 4s ser A 1969

—

67%

94%

102%
73

YonkerB Electric Light ft Power 2%a

1376—Jan-July

Inc—
95

95%

12

101

103%

846

95%

.June-Dec

1967

included in the year'a range,
d Ex-interest, e Odd-lot sale not
Included in the year's range,
n Under-the-rule sale not Included In the year's range.
rCasb sal®
not Included in the year's range,
y Ex-coupon.
§Negotiability impaired by maturity.
tCompanies reported as being In bankruptcy, receivership, or reorganised inder Section 77 m
the Bankruptcy Act, or securities assumed by such companie®.
•Friday's bid and asked prices; no sales being transacted during current week.
A Bonds selling flat.

101%

a

(Indiana)—

101

Aprll-Oct
debentures 2%s 1971—May-Hoy
J an-July

101

112%

88%

89%

14

88%

92

92%

10

92

96%

Jan-July

*__

96%

92

95%

Jan-July

♦92%

93

May-No®

*—

97%

1974

Bunray Oil Corp 2%s debentures 1966
Bwlft & Co 2%s debentures 1972
1973

debentures

■

92

91%
t—4 o »—1

3

:

Corp—

(subord)

debs

98

101

3Vis convertible debentures 1982

debentures

1876

4s

107%

89%

95

75

general 6s series A 1956—I,_Aprtl-Oct
Devel and general 6Via series A 1956
April-Oct
Memphis Dlv first gold 5s 1996
Jan-July
Southwestern Bell Tel 2%s debs 1985
Aprll-Oct
3 Vis debentures 1983
May-Nov
April
ASpokane Internatl first gold 4Vis 2013

(N J)

3 Vis

92%

111

91%

Devel and

Co

Petroleum

West Shore

~

general 4s series A 1956

Standard Oil Co

■

••

May-No®

88%

89%

♦—

Jan-July
Jan-July
Jan-July
Jan-July
April-Oct

2%s series E 1986
2%s series F 1996
First mortgage 2Vis series G 1961
Southern Ry first consol gold 5s 1994

debs

»

'

O 1978—Aprtl-Oct

96%
28
__

95

95

May-Hoy

1981

Products

'

Aprtl-Oct
ser

■

102

101% 101%

—

Jan-Juiy

1958

5s

30-year

May-Not

subord

Feb-Aug

..
April
4Vis series B Jan 1991
April
series B 1971
Feb-No®

West Penn Electric

32%

1,901

90'A

*10

Mar-Sept

A 1977—.

1969

First mortgage
First mortgage

2Vis

92

88'A
100

—

97%

90

.May-No®

West Penn Power 3%s series I 1966

93

7

99

89 %

'75—June-Dec

2%s

99

101

May-Nay

series A 1988

4s

Co conv debentures

conv

Genera]

96%

101%

31

98% 102%

99 %

Jan-July

Ry 2%s 1994

1st mtge 3%s ser A
Southern Pacific RR Co—

Standard Oil

~2

88'/4

97%
''mm.
101

.

Westchester Lighting gen mtge 3Vis

93%

96%

98%

Aprtl-Oct

1983

(Oregon Lines)

Coil

19%

13

w--U

Washington Terminal 2%s series A 1970

101 %

*__

7s 1941—Feb-Auy

1971

93%

101

mm

April-Oct

1982

San Fran Term

conv

33
180

101%

88%
*__

--

mtge 4s income series A Jan 1981—

118

.

307

Pacific Co—

5s

.

—»

First mortgage 3 Vis
Walworth

June-Dec
s

consolidated

100%

100%

'
.'

90%

;

—

Skelly Oil 2%s debentures 1965
Jan-JuZy
Socony-Vacuum OH 2 Vis 1976
June-Dec
South & North Ala RR gtd 5s 1963
April-Oct
Southern Bell Telephone ft Telegraph Co—
3s debentures 1979
Jan-July
234s debentures 1985
Feb-Auy
2 Vis debentures 1987
Jan -July

Standard

99%
53%

19

Aprtl-Oct

gtd

Gen mtge income

'

Corp—

Devel and

97

48%

—

51%

—*■*

.Aprll-Oct

1967

RR consol

104%

'

„

104 % 107%

105

June-Dec

& Sons 2 Vis 1966

Union Oil 2Vis debentures

Vis

:

1976

debentures

'

May-Hoy

Pipe Line 3.20s

4

*96%

W
Gen

101%

98

19

—

*—

Mar-Sept

t§ASilesian-Amer Corp coll trust

Gold

96%

17%

Aprtl-Oct

sinking fund series B 1857

Warren RR first

1980

1977-

3s debentures 1974

4Vis

1972

2%s

95%
112

V

RR Co—

f debentures

Beagram (Jos E)

gold 4s 1968

cons

mtge 3s series B

First 4Vis

f debs

99%

96%

85%

June-Dee
Bt Paul Union Depot 3Vis B 1971—
Aprll-Oct
Scioto V & New England 1st gtd 4s 1989—May-No®
Scott Paper 3s conv debs 1977
Mar-Sept

Gold

Coll trust 3%s 1971.

Virginian Ry 3s series B 1995
First lien and ref mtge 3 Vis

77%

84

1
—

1989_Jan-July

1989

Second 4s inc bond certificates Nov

subord

103%

Wabash RR Co—

certificates

St Paul & Duluth first

3%s

101

mm

Mar-Sept
Jan-July
Jan-July
.Feb-Aug 'i

1977

debentures

First

97%

967/8

Jan-Julj
May

series A 1997

72%

v_

mtge inc 4%s series A Jan 2022

Oil

11

50%

Peb-Auf
Mar-Bept

1966

Virginia & Southwest first gtd 5s 2003

107

Sinclair

101%

94%

17'/a

Virginia Electric & Power Co—
First and refund mtge 2%s ser E 1978
Mar-Sept
First and refund mtge 3s series F 1978
Mar-Sept
First and refund mtge 2Vis ser G 1979—June-Deo
First and ref mtge 2%s ser H 1980
Mar-Sept
1st mortgage & refund 3%s ser 1 1981—June-Deo
1st & ret mtge 3 Vis ser J 1982
April-Oct

86%

98

Map-No®
Aprll-Oct

81%

♦102

Shell

s

V&cdalla

St Louis-Southwestern Ry—

Service

126

•"

f-

81%

Baguenay Power 3s series A 1971
Mar-Sept
Bt Lawrence & Adirond'k 1st gold 5s 1996_Jan-Juiy
Second gold 6s 1996
AprU-Ocl
Bt Louis-San Francisco Ry Co—

s

America 2%s

Universal Pictures 3%s debentures 19fi9

103%

S

1st

123

•'

50%

May-No®

& coll trust 3%s 1972

Rubber

S

2Vis

Electric Corp—

General mortgage

3%s

2

101

__

June-Deo

United Gas Corp 2%s 1970

101%

Consol

mortgage 4%s series

4s bond

debentures

132%

2

98%

Jan-July

Reading Co first ft ref 3%s series D 1995
Reynolds (R J) Tobacco 3s debs 1973

First

1970

1972

1978

Biscuit Co of

100

R

A Second

mm

Q

Quaker Oats 2%» debentures 1964

General

2%s debs

(subord)

debentures

131%

195

June-Dee

1972

97'A

97

92
123

June-Dee
May-No®

Refunding mortgage 2 Vis series O 1991
United

3%s

1963

debentures

mtge

2%s

98

94

95%

May-No®

and

coll tr 2Vis 1980
3Vis 1982

3Vis conv debs

96%

*99

refunding mortgage 3 Vis 1968—Jan-July
refunding mortgage 5s 2037
Jan-July

First and
First

96 Vi

102%

95

101%

May-No®

Union Oil of California

101

93 %

115%

93%
99%

Union Pacific RR—

May-Hoy
Mar-Sept

1956

100%

__

93%

Service Electric ft Gas Co—

debentures

3s

1st

June-Dec

1964—Ja»-Juiy
Mar-Sept
1977
Feb-An*
Jan-July

107

1

*__

May-Hoy
April-Oct

coll trust 2%s 1975

1st mtge &

Income debentures

4

100

U

June-Dec

Plantation Pipe Line 2%s 1970
Potomac Elec Power 1st mtge 3%s
First mortgage 3s 1983

High

123

.

First general 5s series C 1974
First general 4Vis series D 1977

94

99% 100%

«...

Jan-July
Aprll-Oct
June-Dec
Mar-Sept

Union Electric Co of Missouri 3%s 1971

99%

First mortgage and

general 5s series B 1962

Low

'

'

Jane-Dec

A Adjustment

Pittsburgh Plate Glass Ss debs 1967
Pittsburgh & West Virginia Ry—
First mortgage 4%s series A 1958
First mortgage 4 Vis series B 1959
First mortgage 4%a series C 1960
Pittsburgh Youngstown ft Ashtabula Ry—

April-Oct
Aprtl-Oct

June-De®

tTbird Ave Ry first refunding 4s 1960

Pittsburgh Consolidation Coal—
3Vis

1970

gold 5s 2000

Term RR of New Orleahs 3 Vis

86

101%

107

94

M 3%s ser ■ 1988—Jan-Juiy
Texas Pacific-Missouri Pacific—

107

82

100%

107

r. 99%

and refund

General

107%

103

82 %

101 % 101%

May-No*

1964

Jan. 1

No.

.

3%s series O 1990

First and refund M

Texas ft Pacific first

1970

Jan-July
April-Oct
May-Hoy

2%s series D 1988
196S

Corp 3s debentures

First and -refund M 3 Vis series B

Pittsburgh Cine Chicago ft St Louis RR—
General

Range Sine®

Sold

Terminal RR Assn of Bt Louis—

96%

101

_

*103%

Bonds

,

High

99%

96%

May-Nov

Range
Friday's

100%

98

*100

or

Bid ft Asked

High

98 %

*—

Week's

Range Since

Sold

~~

Pittsbgh Bessemer ft Lake Erie 27/8s 1996—June-Dee
Pittsburgh Cincinnati Chic ft St Louis Ry—
Consolidated guaranteed 4s ser P 1953
June-Dee

APRIL 24

Friday

Friday's

Bonds

Bid ft Asked

Low

Phillips Petroleum 2%a debentures

FOR WEEK ENDED

Week's Range

Interest

BONDS

mm

.

91%

92

94%

97%

—-

97%

Deferred

delivery

sale

not

AMERICAN STOCK EXCHANGE
WEEKLY
In the

following extensive list

furnish

we

AND

RECORD

YEARLY

complete report of the transactions on the American Stock Exchange for the week beginning Monday,
It is compiled from the report of the American Stock Exchange itself, and is intended to include every
dealings have occurred during the current year.
a

April 20, 1953 and ending Friday, April 24, 1953.

security whether stock

or

bond in which any

RANGE

Friday
American Stock

Sale Price

Exchange

Vending Corp

ACF-Brill

Motors

Acme Aluminum

1

Alloys

.

1

8%
1

1

5%

3%

ENDED

APRIL

24

Shares

American Stock Exchange

Range Since Jan. 1

7%

Jan

1

Airfleets Inc

8,000

1

Feb

1%

Jan

Alabama Great Southern

300

5

Apr

6%

Jan

Alabama

26%

50

25%

Apr

29

Feb

3%

3%

700

3'/8

Jan

4

Mar

Alaska

Power 4.20%

Airlines

All American

preferred.

Supply Manufacturing
Agnew Surpass Shoe Stores
Ainsworth
Air

Manufacturing

Associates Inc

(N J

common

j

Air-Way Electric Appliance
For

footnotes

see

page 37.




1

2%

2%

2%

1,300

—5

11%

11%

11%

700

9%

Jan

100

6%

Jan

Inc

Engineering Co

Airlines Inc
Allegheny Corp warrants.

2 %

Apr

3%

Feb

—3

12%

12%

7

13

1,900

Shares

12%

Jan

13% Mar

8%

Feb

14%

Jan

Low

50

Feb

109%

Jan

92%

Apr

99%

Jan

1,200

4%

Jan

6 % Mar

200

1%

Jan

2%

Jan

1,900

2%

Jan

3%

Jan

17,900

2 *6

Jan

3% Mar

6%

Jan

7% Mar

92%

125

5%

2

2%

27/a

5%

10c
1

93%

5%

100

3

3

3

3%

3%

3%

3%

3%

Products

JS
1

26%

26 %

26 y8

Brewing Co

15%

Jan

170

Internat'l Investing cap stock—l

Altes

Apr

400

1C5

Allied

common

High

Low

13%
107%

12%

12%
105

Allied

(Mich)

Range Since Jan. 1

High

1

Alles ft Fisher common

7

—1

for Week

1

Allegheny
Aero

Range
of Prices

Par

High
9% Mar

Sales

Last

Sale Price

STOCKS

Low

8,400

Week's

Friday

Sales

tor Week

Htgh
9%

WEEK

26%

10

Inc

of Prices

5

1

Acme Wire Co common

Adams Hat Stores

9
1

warrants

Range

Low

Par
ABC

Week's

Last

STOCKS

FOR

„

.

3%

3%

12%
103

300

2%

200

25%

3%

Feb

2%

Jan

Apr

28% Mar

Jan
"

300

3 % Mar

33

and Financial Chronicle... Monday, April 27, 1953

The Commercial

34

(1818)

AMERICAN STOCK EXCHANGE
RANGE FOR

I

Week's

Last

STOCKS

Range

of Prices
High,

Shdres

Aluminum

^Aluminum Goods Manufacturing
-

Aluminum

Industries

Air Filter 5%

American

pfd

conv

Beverage common
Book Co

American

Rubber

Hard

American

Maraeaibo Co
Meter Co

American

Potash & Chem class A

Jan

24%

Feb

14

14%

2,100

12%

Feb

16%

Jan

4%

2,000

3%

Jan

21%

100

20%

Jan

22%

Jan

%

w

1,300

%

Apr

1%

Jan

1%

Jan

4%

45

100

44

10%

11

500

1% Mar

24

23

23%

5%

Jan

23%

Apr

25

21%

Jan

25% Mar

4%

Feb

1,400
..

— 4-

Jan

6% Mar

Apr

31

27%

Jan

24

33% Mar

31

31

32

200

31

58%

59%

3,800

57

14%

400

34%

Jan

4%

13% M'ar

Jan

Apr

17%

Mar

13%

Jan

63

Apr

58%
14%

Jan

12%

300

13,400

6

24%

24

47

Jan

1,050

23%

—*.

•

4% Mar

10% Mar

5%

10
2

American Seal-Kap common-American Thread 5% preferred

23

45

24

Natural Gas Co 6%. pfd—25

American Republics

100

23%

*

American

23%

23

1

American

Jan

10%

20
25

Laundry Machine
American Manufacturing Co com

American

95

-

—25

Co—

Apr

45

100

——

89

"}'i

A—I
1

Bantam Car Co class

lAmerican
American

American

4%

450

21%

14%

-25c
15

90

23%

*
•

common

Am brook Industries Inc new__

89

89

100

preferred

Jan

5
5
5

4%

4%

4%

600

4%

Feb

Writing Paper common
Amurex Oil Development class A

10%

10%

10%

1,300

9%

Jan

14%

13%

18%

7,900

9%

Feb

18% Mar

Anacon Lead

•

2ft

2%

2%

15,300

2%

Apr

y3ft

9%

9%

300

8%

Feb

American

Mines Ltd

2

Anchor Post Products————

Anglo-Iranian Oil Co Ltd—
American dep rets ord reg—

£1

15%

15%

15'/a

375

2.40

6%

6%

6%

5,900

4%

4%

200

Ahglo-Lautaro Nitrate Corp—-i.

shares

"A"

10% Mar

Jan

10% Mar

Castle

Corp

Conv

preference $1.40 series—

*

Central Maine Power Co—

pfd..—100
10
2
10
Cessna Aircraft Co common
-1
Chamberlin Co of America
2.50
Power &

Light 4%

Century Electric Co

common—

Century Investors Inc —
Convertible preference——

10
5

Charis Corp common
—
Cherry-Burrell common
Chesebrough Manufacturing com
Chicago Rivet & Machine

Jan

16%

Jan

Apr

8%

Jan

Clark

4

Jan

4%

Apr

r~

Clark Controller Co

i

10% Mar
24% Mar

f 7%

10%

11

Clinchfield

———5
5

10%

10%

Apr

12%

•

14

Jan

17% Mar

Club Aluminum Products Co

•

15

Apr

18% Mar

Coastal Caribbean

10%

Jan

10% Mar

Aro

American dep rets reg
Associated Laundries of America
& Tel class A—

Associated Tel

33%

Atlantic Coast Line Co
Atlas

Corp warrants

Automatic

100

4%

Jan

Voting Machine—

10

10

•

10%

300

9

Ayshire Colleries Corp common

3

20%

1,600

Mar

19%

11

Mar

Apr

21

Jan

B
Bailey & Selburn Oil & Gas—
Class A—

Company

Baldwin Rubber
Baldwin

1

common

Securities

Corp...

4%

Jan

6

4%

3%

75c

4%

4,300

15%

600

14%

Apr

18%

13%

1

*

14%

4%
14%

:

—

Baker-Raulang

13%

100

13

Jan

13%-Mar

3%

3%

5,000

3%

Apr

Mar

4

Jan

Jan

Banco de los Andes—

6%

6%

50

■" 2ft

2ft

2ft

34.500

7
10%

6%

"7%

10%

10%

24,700
4,900

I

22

22

50

_50c

2

2

4,700

American shares.
Banff

Oil

Ltd

50c

—

—

Barcelona Tr Light & Power Ltd
Barium Steel Corp
—

1

8

Jan

2

Feb

3

Mar

6%

Apr
Apr

*

Basic

6% Mar

Refractories

Baumann (L)

1

Inc

& Co common

Bearing Specialists Inc.—
Beau-Brummell

Ties

Blauner's

—

15

16

Jan

16%

Apr

15%

1,100
5,400

14%

14%

13%

Feb

17

Jan

3%

3%

3%

1,800

3%

Jan

38%

38%

39%

400

38%

Apr

40%

11%

4
_

11%

37

37

39

_1

common

11%
11

common

46

36%

Jan

450

10%

Jan

12%

Feb

400

13%

Apr

16

Jan

4%

1,400

4%

Apr

10

10

10%

21%

23

86%

~4%

125

Traction Light & Pwr

24

40

84%

Jan

90

300

4%

•

3% M'ar
3%

600

10%

10%

5,400

_5%

5%

6%

800

2*

*

4%

Jan

Apr

4%

Jan

3%

Jan

2%

Jan
10% Mar

*

4,700

Jan

7% Mar

Jan

25 V* Mar

Jan

24

Apr

22%

20%

18%

18

11%

5% Mar
24%

18%

18

Mar
Jan

American

14%

—

14%

1,000

13%

Feb

13% Mar

£1

14%

Apr

15% Mar

British Celanese Ltd—
American

dep rects ord regular—10s

British Columbia Power class A
Class

3%

•

B——...—

33%
7%

*

Brown Company common———_^i

$5 convertible preference

.

8

10%
49

12%

13

6

6%

6

Jan

25

33%

Apr

7%

Jan

9%

Feb

5,700
125

90
47

Apr

800,.

91%

48%

10

2%

200

90

1

_

cumulative junior preferred
Brown Rubber Co common—;

100
200

33%

*

4%

12

Jan

1,200

Apr

5%

Jan

3%

Apr
Mar

37

8%

Apr

12% Max100

Jan

50% Mar
Mar

Xl4

6%

Feb

Apr

Apr

2,000

Feb

8

Jan

20% Mar

7% Mar

19%

8%

Jan

Feb

10%

Jan

17

9%

9

93/^

9%

9%

1,100

9%

Apr

10% Mar

—_2.50

15%

14%

15%

2,400

14%

Apr

19%

Apr

15l/4

12%

Apr

14%

1%

1%

200

1%

Feb

17,200

25%

Apr

35%

14% Mar

%

%

20,300

4%

Jan

1,700

%

ft Jan
3*%

Jan

5

Jan
Jan

California Electric Power
Calvan Consol Oil

Camden

Fire

& Gas

Insurance

Class

non-voting

B

Cornucopia

Mines

Gold

Co

Petroleum

Cosden

American dep
Croft

—.—.5

Crown

Cent

Petroleum

6%%

preference

Crown

Cork

Internal'! "A"

Crown

Canada Southern
Canadian

Oils

Ltd

Cuban Tobacco common

7% preferred..

6

23 y4

Carman & Co—x

Carnation Co

.

27%. Jan.
9% Apr

Carter (J W) Co

common

For footnotes see page 37




300

8%

Jan

10 y8

|s%

8%

800

8%

Jan

9%

17%

Jan

18

Feb

HS-%

17%

4,800

16%

Apr

21%

Jan

Feb

,v

5%

5%

100

4%

Jan

5V2

Jan

§0%

70%

71"%

6,400

70%

Apr

76%

Jan

%

S/8

1«

3,200

%

Apr

1»/b

Jan
Jan

10%

I

10%

.

6%

Jan

7%

9%

Jan

11%

13 %

Apr

14%

Feb

1%

1,300

11

Jan

2%

Jan

"1%

"l7/8

"1%

500

24

24

24%

150

24

100

170

170

170

Feb

27

Jan

Feb

180

Jan

Feb

n

10%

11%

4,700

10%

Apr

12%

Feb

17%

16%

17%

950

14%

Feb

18

Feb

5%

Feb

13%

Jan

14%

350

15%

14%

6 V8

Jan

16 % Mar

Jan

27%

Feb

Jan

6%

Feb

1%

1%

1%

700

1%

Feb

30%

100

28%

33

6%

Apr
Apr
Apr

2%

29 %

14%

Jan

17% Mar

Day Mines Inc

10c

Dayton Rubber Co class A.——35
Dejay Stores commoni.__J.__.___—
50c

5

&

1%
2%

700

16

Feb

7 % Mar
145

Apr

12%

Iron

Products

,7% Mar

Jan

137

Foundry——1
Detroit Hardware Mfg Co..
_1

,,

3%

2%

.2%

2%

2iV

1,000

13 % Mar

Jan
Jan

2% Jan
3 % Mar

24%

400

25%

24%

—10

Devoe & Raynolds class B__
1
Devon-Leduc Oils Ltd———25c

1,300

1%

Jan

1%

Manufacturing..—1

Detroit Gray

Apr

29 % Mar

12%

11% Apr
2% Mar

31,900

Jan
Jan

3

Distillers Co Ltd—
2y8

American

dep rets ord reg——4s
Diversey (The) Corpl—
..____—1
DObeckmun Co common

~9%
19

2.50
common___„_1
Bridge Co Ltd
—*

6%

6%
5%

6

Textile Co Ltd

*
__10

Harris

DuMont

Jan

.

8% Mar
Jan

6%
82

Feb.,
Jan

13%

800

13%

Apr

16%

37

200

36%

Feb

41 %

Jan

10%

200

10'A

Apr

10%

Jan

15%

Jan

16%

Feb

T85/a

36%

200

29%

Jan

38% Mar

17%.

17%

900

7 Vv,

Apr

20

8%

5,900

8Va

7% Mar

Mar

9%

Apr

'

—___

35 y8

|3

10c

32%

40% Jan

32%

Apr

35%

Jan

12,800

14%

Apr

17%

Jan

Jan

4%

Jan

Apr

14%

Feb

33

14%

*

Laboratories—

common

Feb

500

10

....

B)

Feb

5%

35%

36%

—1

Co

(Allen

6ft

Jan-

80 V4 Mar

—

—

_*

Drilling & Exploration Co

25%

37

common—

Dragon Cement Co Inc
Draper Corp common

11% Mar

Apr

13%

13%

*

Ltd—1

Feb

Jan

10%

Dominion Tar & Chemical Co Ltd
Dow Brewery

2%

'

9 %

.

—

Jan

18 y2

300
.

stock——_♦

ord

19

..

3,200
2,400

6%

6

Dome Exploration Ltd
Domestic Finance COrp

Dominion

200

9%
20

«—1

;

14%

15%

)

....

class B common—
*
Corp common.
—1
Sulphur & Potash Co__
—*

5

ft Jan

7,600

4%

Feb

12% Mar

Eastern States

6% Mar

__1

$7 preferred

5%

Jan

series A____
series B_

$2 preferred
Easy Washing

25%

Apr

26% Mar

Electric Eond & Share

13%

Apr

15%

Feb

7%

100

7%

8%

Feb

4%

Jan

Electrographic Corp common—
Empire District Electric 5% pfd
Empire Millwork Corp

Apr

Emsco

40

1%

1%

4,000

2s 6d

%

%

1

6%

6%

83

Apr

114%

Jan

1%

Jan

2%

Jan

500

%

Apr

1

300

5%

Feb

109

6%

int

class B

300

250

4

13

50

6

600

5V2

Jan

6% Mar

600

25%

Jan

33% Mar

11,100

10%

-5%

f9%

29%

30

16%

10%

10"%

^4%

64%

67

:

v,

*

13

-1

"9%

1%

^9%

common—^

—

Manufacturing Co.—
Equity Corp common
$2 convertible preferred
Esquire Inc

*

141 y4 145

.

Jan

10% Mar

275

.160 y4

152

128%

Jan

165"- Mar

225

116-

Jan

150

26

Jan

32

Feb

30% Mar

13%

Apr

16%

30%

200

13%

13% -14%

1,700

Feb
Jan

24%

25%

24,400

23%

Jan

11%

11%

1,000

10%

Jan

11% Mar

50

102 %

Feb

104% Feb

200

7%

18 %

100

17%

Apr
Apr

2%

20,300

1%

Jan

33%

1,200

32%

Jan

7%

2%

5
10c

12%

1

133%

•

7%

18 %

__1

33%
5%

__1

_1

10

Mar

102% 103%

24%

11%

Eureka Pipe Line -common

Feb

30% Mar

7%

30%

100

Apr

Jan

74

1,200

50%

-5

Eureka Corporation Ltd—
Warrants
J

13%

Apr
Jan

27%

.

141%

_1

Mar

Apr

64%
27

825

30

3,800

Zl'

l-

152

—*

-

Machine

3%

1,300

4

13

'

25

Corp—

13%. 14%

Apr
3% Jar,
75% Feb

100

——

~4

1

Hosiery

prior preferred

.

~£1

reg

26

83

15%

1%

Mfg class A common.—!—_5
8% debenture
—.100

26

26

15%

Dennison

Eastern Malleable Iron—....

—£1
*

9%

Jan

29% Mar

Carreras Ltd—r
American dep rets A ord
American dep rets B ord

9%
8%

6%

14

~is/8

Jan

Jan

f9%

25%

$6 preferred

109%

1

Jan

%

A Feb

x5%

Eastern Sugar Associates—
Common shares of beneficial

80%

10

200

Feb

11,200

109

r,,

700

Jan

5%

gl%

Jan

Jan

Jan

«

1,100

6%

5ft

"

10 y4

6%

25%

53/,

•

40

Jan

"6%

Apr

*

common.

Carolina Power & Light $5 pfd
Carr-Consolidated Biscuit Co__

Apr

8%
8%

100

9

6%

Apr

*

■'

9

"6%

5%

35,000

*

31% Mar

6%

22%

10%

——2.50

Jan

~6%

Crystal Dairies Inc.—

125

9%

7%

Feb
Feb

25

1

Daitch

Duval

93/4

Capital City Products common
.5
Capital Transit Co————19.50
Carey Baxter & Kennedy Inc^
_
l

Feb

1%
7

Davenport Hosiery Mills—2.50
Davidson Brothers rnc—!
.1

4%%

.4%

8%

Jan

D

Jan

.

47/,

Feb
Jan

~

10%

—

1

1,200

r.

Lighting Inc common——2.50
Curtis Manufacturing Co (Mo)——5

Jan

Apr

100

I

27%

6%

Curtis

10%

3%

Canadian Industries Ltd—

Canadian Marconi

26%

10

:

1_———

7,600
15,600

2

common

Dredge '& Dock Co Ltd

400

!-■

...__25c
Crystal Oil Refining common
*
$6 preferred
———————10
Cuban Atlantic Sugar common
....5

Duro Test

1

Atlantic Oil Co Ltd

Canadian Canners
Canadian

Ltd

1%

partic.—•

Eastern Gas & Fuel Assn common...10

*

~6%

6%

Drug Co common

Durham

10%'

20

Apr

>6%

(Md)—5

Jan

3'/a

.____*

Canada Cement Co Ltd common—

Apr

7%

1

Crowley Milner & Co

Jan

10%
5%

11%

1,800

Jan

1V2 Mar

is Mar

_—1

(The) Company

4% Mar

10%

23%

2,600

7%

receipts (ord reg)—£1

Petroleum——.

Creole

5%

8,000

51 i

12%

7%

10% Mar

Courtaulds Ltd—

15 %

11%

—

11%

1

common—

Apr

300

11

1

27

'7%

1
*

Reynolds common—
$1 preferred class A

Apr

r5%

11%

__*

—

25%

41%

*

Inc

Corroon &

11

100

334

*

———5-

Canada Bread Co Ltd

3%

1

.

25%

*
*
5c

—

Dunlop Rubber Co Ltd—
American dep rets ord
Duraloy (The) Co.;

C
3%

£_

9% Mar

34%

Class A voting

Coro

21% Mar

18% Mar

'

(H) Distillery Ltd—

Corby

Class A

3%

•

Cook Paint & Varnish Co

American dep rets ord shares
Burry Biscuit Corp

3"%

Feb

Jan

11%

Driver

.

9

1,700

Dominion Steel & Coal

_

Feb

6,000

14% Mar

10

Estate

8%

12%

t

1

Duke Power Co

Sugar

300

13

19%

50c

Calgary & Edmonton Corp Ltd

8%

12%

Burma Mines Ltd—

Calamba

2% Mar

X77

11%

Jan

Cable Electric Products common—50c

Jan

11%

Feb

.4

Jan

1%

12%

16%

%

67%

8,400

—1
Consolidated Liquidating
—*
Consolidated Mining & Smelt'g Ltd—.*.
Consolidated Royalty Oil——:
—10
Continental Air Lines Inc
.——1-25
Continental Car-Na Var Corp.
_—1
Continental Commercial Corp .—„—1
Continental Foundry & Machine Co—.1

12%

4

725

2%

Corp ——50c

1,400

3s 6d

73%

8%

-'1
10

Consolidated Gas Utilities—

4,700

_12%c

Jan

900

13

common

20 %

Jan

600

19%

7%

1% preferred
60c convertible preferred
Bunker Hill & Sullivan

Apr

5%

10%

13

18%

14%

20%

18

ig%

Apr

9%

13

*

14%

18%

18

—

Feb

100

9%

2.50

,

5%

14%

Jan

2

__.1

(EL) Co common
Bruck Mills Ltd class B—

Feb

2

1

Dominion

Bruce

Budget Finance Plan

9%

.9%

3%

*

$3 2nd preference
——
Brown Forman Distillers

Buckeye Pipe Line

7%

Apr

3%

19

;

—25

Detroit Steel

dep rets ord bearer—£1

American dep rets ord regular

5%

25,300

14%

'

r-

Apr

700

4%

70%

Columbia Machinery

Detroit Gasket

British American Tobacco—

,.

30%

5%

4%

14%

& Eng Corp„_ 10c

Manufacturing Co

Colt's

Mar

~4%

600

5

Jan

Mar

86%

32%

Apr
10% Mar
35 y4 Jan

10% Mar

Feb

10%

*
*

British American Oil Co

Feb

Apr

19%

3%

ord—*

_

10%

Jan

1,100

__

20c

Bridgeport Gas Light Co
Brlllo Manufacturing Co common

Feb

10

5%

9%,

—

Brad Foote Gear Works Inc

Feb

850

11

14%

21%

*

*

5xhc/o prior cumulative preferred—100
Borne Scrymser Co
5
Bourjois Inc—_—,,
^1
Brazilian

Jan

•

(H C) Co common—

Breeze Corp common

10%

4%

3

„

200

Jan

Mar

13

10%

•

Blumenthal (S) .& Co common

6% Mar

13%

Fdry & Mach Co com.*

Black Starr & Gorham class A

Bohack

Feb

14%

1

common

6'/a

25

Benrus Watch Co Inc

Hedges

2% Mar
-

1

Bell Telephone of Canada common

Birdsboro Steel

Jan

23

Jan

1

;

Reliance Aircraft common—-

Benson &

11% Mar

1% Mar
Jan

Jan

1

Beck (A S) Shoe Corp-——Beckman Instruments Inc

Blckford's Inc

21%
5%

1

common^...,

10

~8~%

31%

n,A

15

Jan

Commodore Hotel Ipc

5% Mar

Jan

4%

Consolidated Engineering

4%

4%

-1

Feb

8%

Apr

Jan

Mar

14%

900

Feb

Jan

7%
15.

100

9%

3%

Compo Shoe Machinery—
Vtc ext to 1956———

Apr

14%

9%

1,800

Community Public Service—_

Jan

Jan

14%

9%

*

4%

Jan

6%

Apr

5%

4%

Jan

12%

14

5%

Feb

1*4%

Apr

19,100
3,300

6%
13%

Jan

4%

—10

2%

19%

1

4%

iu%

10c
*

(The) Fund Inc

116%

7%

6%
13%

*

153

8,300

18,400

Colonial Sand & Stone Co——-—— 1

Colonial

Apr

1%
102

5%
5%

14%

Airlines

Apr

Jan

128

103% 105%

50

Atlas Plywood Corp—
Automatic Steel Products Inc

50

Apr

5%
4%

>:&%

21%

Jan

300

Jan

Apr

36

Jan

ft

1,100

Feb

Apr

10% Mar

2

28%

9%

19 Ve

Feb

150

Jan

3,300

Apr

42

Feb

10%

22%

1%

1

34%

33

8%

Apr

18

Apr

147

•

Atlantic Coast Fisheries

8

9

100

Jan

%

Jan

900

14

700

300

8

1

2,300

6,000

%

%

12

19%

%

Jan

19

47%

*

11 % Mar
74

20%

18%

M^r

Jan

7%

Apr
Jan

9%
70

11%

Colonial

Jan

£1

250

19%

Jan

53%

Associated Electric Industries—

Jan

200

1,900

49%

Colon Development

24%

47%

"

6%

6%

10%

71%

Jan

'11%

Feb

Apr

50

10%

19%

2.50

7%

ordinary
J.—.--•**—1

117%

21%

47%

50

Equipment Corp.

9% Mar

Apr

40%

—

Oils—
Cockshutt Farm Equipment Co

900

114% Mar

Apr

6%

9%

6%

Feb

7%

500

6%

8

Coal Corp common——20

22%

110

Mar

3,400

8

70%

0%

Co

Arkansas Louisiana Gas Co.—

116

6%

TO

*—1

Inc..*

Arkansas

21%

"7%

1 6%
V

—5
Clayton & Lambert Manufacturing—_4

116

Jan

9

37

Feb

Apr

116

10

Jan

23% Mar

Jan

10
*
—•

Apr
Jan

Feb

7%

Light $7 pfd

9%

7%
36

21%

18%

&

300

1,100

2,500
13,800

preferred—

1,200

8%

23%

8%

Arkansas Power

9%

8%

Feb

89

22%

19%

Armstrong Rubber Co class A,
4%% convertible preferred

"9%

Jan

10% Mar

Apr
Mar

23%

%

6%

9%
84

fi%
'.1-,

.

Feb

Jan

18%

non-voting

9%

f-

-50
*
—1
—-1

Manufacturing Co

18%

A

79

%

Arkansas Fuel Oil Corp

class

Apr

200

24%

Apr

Common

76%

76%

21%

Apr

Feb

24%

120

.

k%

Feb

15%

9,800

Jan

76%
9%

Jan

Apr
Apr

98%

common.

29% Mar

%

220

Natural Gas

Jan

19%

2,200

Hosiery

26%

22ya

16%

Claussner

625

1,500

99%

8

4% Mar

/. 28%

28

2,900

15%

8%

6%

Feb

20%

98 Ve

Neon

5% Mar

Apr

4%

20 Vi,

16%

Clarostat

Apr

4%

1,300

22%

1

5,500
19,300

4%

5

4%

—-5
1

(The) D L Co

Claude

4%

4%

4%

f,

98%

Jan

4%

Jan

20%

Angostura-Wupperman
1
Apex-Electric Manufacturing Co
—l
Appalachian Elec Power 4lk% pfd—100
Argus Cameras Inc
——1

22% Mar

4%

Jan

6%

1

6%

100

Feb

5%

17% Mar

5

Circle Wire & Cable Corp

City Auto Stamping
City Specialty Stores inc
4%% convertible preferred

15

5%

10
-4

Mining

Consolidated

Chief

1,800

28

—1

Products—

Ohio Steel

Apr

*

10®

preferred—.—

Central

16%

,4 ft

—*

preference $1.50 series

Central

1,400

5%

16%
5%

High

Feb

16%

'■4'A

—1

Conv

3.50%

4%

5%

*

Ltd—

Central Illinois Secur

400

16%

———1

Corporation

Cenco

Central Explorers

Low

4%

1

Catalin Corp of America—r

Range Since Jan. 1

4%

—;

*
10

——

1

& Co

(A M)

Shares

High,

Low

Par
Casco Products common

America

of

Co

$3.75 cumulative

Range Since Jan. 1
Low
High

for Week

of Prices

Sale Price

American Slock Exchange

Sales

Range

Last

STOCKS

Loio

r§r

Week's

Friday

for Week

Sale Price

American Stock Exchange

WEEK ENDED APRIL U

Sales

Friday

1:

-V

%

5%

900

1

iy8

16,000

%

28,900

...

.

-21

%
24

50

5%
T
-

Jan
Mar

%

Feb

20%

Feb

28% Mar

9%

Jan

19 %

Feb

2% Jan
35

.

Mar

5% Feb*

1ft Jan
ft

Jan

32% Mar

Number 5215

Volume 177

The Commercial aryl Financial Chronicle

...

1

(1819)

AMERICAN STOCK EXCHANGE
RANGE

Friday

Weed's

Last

Range

STOCKS

Sale Price

American Stock Exchange

:

of Prices

Low

24 %

2VW

2,V

67 s

574

10

68',4

68%

j,—_——2.50
Fishman (M H) Co Inc.——
1
Flying Tiger Lines Inc
-1

6%

Firth

Sterling

Ford

A
B

.

of

France—

23%

1,000

274

49,200

7*i

■

31,500

69

Jan

1

2874 Mar
3 % Mar

J an

574

Par

Apr

Kingston Products
Kir by*

67

Mar

737k

Jan

6

Apr

67k

Apr

400

10

lOtfa

Apr

11

Jan

1074

Mar

50c

Petroleum
preferred
Lake G

Kirkland

60

10,100

60v.

8%

Jan

Klein

(D Emil)

63

900

60

Apr

69% Mar

Knott

Jan

7374 Mar

Kobacker

77 k

V.

800

8

6%

Jan

8

Mar

U
6^4
7,74

1
1.25
5

Hotels

6;
7,

a

U!

%

Feb

12

Jan

7%

Mfg

Co

Apr

7%

11

Jan

102% Mar

._.l

Electric Co Ltd—

dep rets .ord

American

T

,

General
General

Fireproofing

General

Outdoor

pfd A

Finance Corp 5%

common..

Georgia

Power $6 preferred—

Feb
Feb

3

Apr

2%
•"

Jan

18% Mar

2

.11%"'

12

;

10

-

£%

Apr

Feb

974

Feb

Jan

103

800

34% Mar

Jan

,1%

200

12

574

29%

900

3(
107

.

Apr

8%

200

107

2'/a

5%

.

108

Mar

274

Jan

12%

Jan

Apr

11%

114% 116

*

——

103

Apr

113

200

Mar

117

Feb-

Mar

10874

Feb

2,300

374

9%

3,200

974- Apr

250

Jan

Jan
Jan

374

874

200

Feb

3%

Jan

31

Apr

377/4 Mar

Apr

97k Mar

874

400

74 Mar
~

15%

5

12

le

Jan

16

Apr

1574

Jan

18

Jan

11%

12

1,000

1174

Jan

12%

Feb

11%

300

XlO%

Jan

117a

Jan

3%

2,900

3%

Jan

4%

1A-

11;!

8,700

1Apr

774

.774

600

7

1,200

15

374

20c

1.9«

,1

Jan

1474

400

11

—

3%

__

1574

7%

.

-

2

Mar

Feb

/V Mar

7*4

Jan-

29%

Feb

40

200
20

5

Ltd

—

Extension

Lefcourt Realty
Le Tourneau

Class

Locke
Lone

8

8

8%

2,600

7%

7%

774

1,200

6

16

class

B

1

2374

23%

24

2474

24

24%

7

7%

_

Co

674

6 %

_

_

Louisiana

&

Power

Jan

24%

Apr

7

Apr

7%

Feb

;

Jan

6%

Jan

•

Apr

I

4074 Mar

I

3874

16%

1674

775

13%
4174

*

13%

300

41%

45%

9,900

38

•.

Apr

16% Feb
25% Mar

1

__

/

13%

18

Jan

29>/4

Jan

13%

13%

147k

1,100

i

Mar

14

Apr

4774 Mar

41%

Apt-

109%

—*

IIII2

Corp

25%

Jan

3774 Mar

16%

Apr

Jan

20%

674

25

10

6

7

-

25

3874

1

pfd.

Light $6

Jan

17V4 Mar

Jan

38

3874

1

Longines-Wittnauer Watch Co—
Louisiana Land & Exploration

874

Jan

23

150

5
—

Apr

574

4,000

•

3874

_

—

j

Feb

38

*

_

_

,

Jan

9%

7%

300

10

(Texas)—

Jan

9

Jan

14

300

1

Chain....

Steel

4%

Apr

7%
-

100

—-1

A

17% Mar

Feb

8

4,300

6

14%

m

.

Inc

Jan

4%

''

5

*

Star Gas

Lynch

3,900

16

—

common

Groceterias

400

874

5

Liberty Fabrics of N Y
5% cumulative preferred
Loblaw

474

8

5

University.

(R G)

474

8%

—1

Monotype Machine.—

Salle

1574

474

1

..

Inc

1574

.1

Company

Mines

Apr

112%

Feb

1374

Jan

151/2

Feb
v-

*

t

474 Mar

12%

12

Apr

15%

300

*

10

Gladding McBean <fc Co

Jan

4

*

common.;

Apr

99%

:

——

(AC)

La

Jan

100

29%

29%

Gerity Mich Corp__-w—
——__ —1
Giant Yellowknife Gold Mines
1
Gilbert

Lanston

Jan

106

Public Service $6

Gilchrist Co

Jan

2%

9V4
.107

1,900

74

*

.

3374c

Lakey Foundry & Machine
Lamson Corp of Delaware

5%

2

574

preferred-—*

General

>.■ $5 preferred

Jan

'

Plywood Corp common—_—50c
convertible preferred—l—
20

57c

2274

105% Mar

12V*

16%

General

974
35%

9

—-

—7.50

,

Apparel

Shore

Mar

3,600

100.

pfd

6%

Adv

4

1,100

£17
-10
5

Mar

34% M'ar

__

2,000

1174 Mar

11% Mar

3,100

,

reg-

100

-

1—— ;:i
General Alloys Co
--*.
General Builders Supply Corp com
1
:
5% convertible preferred—
-25
Acceptance Corp j

General

Feb

Jan

400

21% Mar

common—

1074 MaV
3274

Jan

6%

•

■

.1-)-;—„.100

preferred

*

Forge Co.

^

Jan

Jan

Jan

6%

7,600

-

4

6%
11%

1,300
200

4

67 k

Gatineau Power Co common

General

74

-

874

10

Corp

Stores

(The)

Kroy Oils Ltd

Lake

Gellman

1

Co common—

Krueger Brewing Co

"

receipts bearer__

31

874

Rubber Co

(I B)

70

774

High

874

2674

-

1,500

3%
34%

3%

31%

_

M Co Ltd

9%
«!- —

3%

_

_

300

'

— -

1
_

700

29%

-

'

8 '/«■

L'Aiglon

5So

Range Since Jan. 1
Low

974

2874

974

cumulative preferred- II—50

4%

Jan

Laclede-Christy

•,

Shares

High

9

2874

*

County Lighting common.

Kings

9

5

& Co

(Walter)

Kleinert

;

(Geo A) Co—

for Week

of Prices

Low

,

*

712

9,300

64

10

■

t

150

.

6

~i Vs

£1

Brewing

Sales

Range

Last

Sale Price

.

Kropp

Brewing Co

(Peter)

24

,

-„*.
-*

.

!

American deposit
Fort Pitt

Fuller

,

deposit rets ord reg

Motor

High

Ltd—

Co

American

Fox

{

—

Canada—

voting

Motor

Ford

(Phila)

non-votings

Class
Class

Ford

Ltd

Inc.—

of

Motor

Low

247

1

Instrument—

.

Petroleums

Week'i

Friday
American Stock Exchange

Key Co common

Camera &

Association

APRIL 24

Kidde

—__—_*

Fire

ENDED

Range Since Jan. 1

f

Oils Ltd

Federated

WEEK

STOCKS

Shares

High

•—*—25c

Fairchild

Fargo

FOR

Sales
for Week

■

Par

.

35

17

Feb

22

Jan
Mar

M

Feb
Mar

'

Glen

Union

Co

87 k

-

5,300

874

Apr

1174

500

.

1274

Jan

1374 Mar

10

Feb

-5

Inc-—':

v

300

25

.

24%. Jan

2774

Jan

Jan

2074

650

18v

Jan

20%

Feb

?

1474

200

14

Jan

15

Apr

»

28%

,„-.1L

Stores

Mangel

20

Jan

3474

Feb

34

Apr

40

Jan

♦

Godchaux Sugars
Class

B

$4.50 prior preferred

Manufacturing Co—I

Manufacturing common.

Graham-Paige Motors 5%

Gray Manufacturing Co
Great Atlantic <fc Pacific Tea—

Hydraulics
Freehold

Gridoil

Inc
Leases——

Griesedieck Western Brewery—

Grocery Stores Products

86% Mar

Jan

•

45

Apr

52%

■

-

25%

Feb

100

22

Jan

1% Mar

400

5%

27%

18%

700

1674

Jan

275

146

8

60

131

Jan

2>/4

10,000

3%

1,850

5,7«

7,100
.,250

Gypsum Lime & Alabastine

'

-:5%
17

•

'

*

10%

Jan'

x21

674

1,

2

2,300

2

1174

'.Apr

4%

1,500

4

Jan

25
1
2
1
10c

52%

Electric

Light

Brewing Co

;

Mfg Co
Hathaway Bakeries Inc
Lithographing Co_;

Havana

Hazeltine
Hearn

Corp

Merritt

Class
Heller

Feb

Co

1874

18

9274

.

(Geo

A)

<fc

Hardart Baking

<fe

Hardart

2%

Jan

174

Feb

Jan

574

Jan

12%

Apr

27*

Jan

4,900

9%

Jan

1,500

2%

Jan

3,400

25%

Apr

4%

100

4%

Jan

474

Feb

1 9%

7,000

974

Apr

1274

Jan

% j?

1774

Jan

23

13%

Jan

14%

Jan

7411874

70

"170

9
( 9
2781 3
h*

'

Hygrade

Food Products

Zinc

Illinois

•

International Cigar Machinery—

Apr

3%

Feb

7% Mar

7%

Feb

700

11%

Jan

11%

Jan

13%

Apr

16%

Jan

1

2%

Jan

1,500

3

*

375

8% Mar

3% Mar
15

Jan

45%

25

21%

2174

-14%

16

Jan

300

44

'

Apr
Jan

143%

Feb

2074

Jan

102%

Feb

4674 Mar
152

2374
107

Feb

Feb
Jan

27%

2774

400

27%. Apr

30

Mar

61%

63

65%

7,600

61 %

Apr

7474

Jan

3%

100

3%

Jan

4%

300

4% Mar

3%'
4

%'

.

28%

29%

31,7 a

2074

2,900

14

13 % {

15

2,250

13%
6

-

31*

Jan

4% Mar
5

Jan

3874 Mar

10

—

•7

93

$3.50

80%

135 3 4

80

International Metal
International

Industries

Petroleum

Products.

International
Public

Iowa

3.90%

Service

Ironite

Wohl Co

Mining

Public Service common

Missouri

80

Apr

100%

20%

100

Apr

25

Feb

38%

-

700

Pictures common—
1
Monongahela Power Co—
4.40% cumulative preferred
100
4.84% cumul preferred series B__100
4.50% preferred series C_—
100
Monroe Loan Society com class A
1
Ward & Co class A
*
Moody Investors participation pfd
»
Morris Plan Corp of America
—10c
Mountain States Power common—.7.25
Mountain States Tel & Tel
100
Montgomery

Rights w i

preferred^
Vernon-Woodbury Mills

6%
Mt

'1074

1074

9,400

|07a

103% Jan

cumulative

Jan

National
National

1

——;—~———— 1-

National

32%

Jan

National

30% Mar

National

Apr

1174 Mar

3%

Apr

574

Jan

National
National

National
81

13 7.

! 14

74

7%

7';

83

4%-

47.

5

Feb

84

Jan

National

1074

800

Jan

14% Mar

National

12

1,600

7%

Apr

1,100

8

4%

Apr

574

Jan

National

Jan

Neptune

Jerry
Julian

O'Mahoney
&

,10c

Inc

Kokenge Co

4%>|

474
V

f

17

*

Kansas Gas

Alfalfa

For

Corp

l

& Electric

4%%

pfd

»

5
see




page 37.

474

*'

4-7,

100
;

Inc

footnotes

5%

4%

Feb

17.300

374

Jan

5% Mar

150

1674

Jan

1774 Mar

10,300

2%

Feb

3% Mar

4,100

-

Jan

21%

13%

"13%

j

4%
21%

100

13'.

374

Jan

103% Mar
550

21%

11%

Apr
Jan

5% Mar
105

Jan

25% Mar

13%

Apr

42.50

5
2.50
10
50c

1
common.^

—

374 Mar

900

674

Apr

8

8

8%

600

8

Apr

9

Jan

1 % Mar

Jan

774

36

Apr

1574" Jan

Jan

4% Mar

974

Jan

1174

15 %
:

Apr

217a Mar

674

Jan

6% Mar

Jan

55

Is

n
7%

1

2,000

7%

1,000

11
7

59

Apr

" Mar

Mar

'

Feb

Feb

25 %
1474

13

2,600

Apr

14% Mar

13

14

4,900

13

Apr-

1574

Jan

12

13
13%

12%

250

12

Apr

13

Jan

2574

2574

100

2474

Jan

26 % Mar

1474

15

500

14%

Apr

17% Mar

1274

5%

—

X2674

26%
274

—

200

5%

1274

5

600

274

20%

Feb

274

Jan

29

Jan

Mar

3 % Mar

574 Mar

2,000

474

Jan

32

5%

1274

32%

50

30%

Feb

33 % Mar

1274

1274

2,600

1274

Apr

15 74

101%

Jan

10374 Mar

Jan

25% Mar

5774

5%

5%

574

Feb

1,100

27

102

102

25.

22

42%
374

42%

45%

7,700

42%

Apr

3%

3%

2,800

274

Jan

90
2%
163
36%
574
1574
101%

30

897a

97

20

97

Apr

90

91

20

90

4

Apr

97

8974

Apr

8974

274

90

2%

1,400

163

162

280

274
36

3 74

25

574

2,300

4%

Jan

16%

7,900

14%

Feb

101% 10274

460

101%

Apr

7a

23,900

f*,.

Jan

I

\

574 Mar

t

17% Mar

,

*

114

Mar

!

174 Mar

j

3

/3

374 Mar

3,400

378
25 %

Jan

374

Apr

37a

30%
83/a

27
--

23

Apr

600

60b

3%
8

5% Mar

Apr

550

19%

% Apr
474 Mar

1974

1974

29 74

19%

474

Jan

93/4

I

Apr

8% Mar

J

17% Mar

28

774

7 74

1,100

7 74

1674

800

15%

Apr
Jan

5 % Mar

6

Feb

8%

6%
^74

Jan

274

Jan

6%

674

1,900

1 u
274

4,700

2%

Jan

1574

7,200

14 %

Feb

1674 Mar

1374

i5
--

274

15

1374

200

13%

Jan

17

27k

2.50

Meter

Dominion Oil Ltd—

England

Tel

1
40c;

100

Tel

&

Watch Co.-——1

Jan
Jan

1%

2%

7,400

1U

Jan

31*3

274

274

81,600

174

Jan

274 Mar

13

13

200

12%

Jan

1074

1074

900

107-4

Jan

10% Mar

127k

14%

8,000

1274

Apr

15%

—

10 /2
13%
17%

13% Mar

•

Jan

17

1874

3,100

1374

Jan

21

Mar

1774

25

1774

400

17

Jan

18%

Jan

25
^

4 74
274

25%

2774

Jan

24
4%
274
112 74
374

100

25

Apr

4%

600

4

Jan

474 Mar

2%

274

10,300

274

Apr

3

23%

24%

1,400

207a

Jan

4%

4%

1,200

2%

217«

13,700

213#

Apr

112% 1127 k

1,890

11074

Jan

115%

Jan

374

Jan

4

4% Mar

3%

374

12,800

274

7

77a

2,550

5%

Jan

2474 Mar
474

Jan

274 Mar

8

Feb

Apr
Mar

—20
25

774
51%

51%

54%

4,300

51%

Apr

6074

New Jersey

New

—1.

1974
1%

19%

2074

10,500

1674

Jan

2174

1%

1%

8,800

174

Apr

57

Jan

61

10%

10%

300

10

Jan

1074

26%

27%

700

25

Apr

2874 Mar

7%

77 a

300

197k

2074

1.000

4%% convertible preferred.
Zinc.
—
Mexico & Arizona Land..!

1

Mining Co

Park

Co

Process

York

Auction

New

York

&

common——

York

Founders

10
—10

2774

1

1974

Shipbuilding
shares

Corp—
!

75

60
-

•

Honduras Rosario

New York Merchandise
New

60

*

common

Co

-

7%

i

Jan
Jan

Jan

374

a

•

1

I

Jan

33% Mar

15%

7

j

Jan

374 Mar

"176

r%

;

Jan

37 74 Mar

169

.Jan

36%

Jan
Mar

96% Mar

Apr

'574

Jan

9574 Mar
103%

Jan

162

1574

36%

—

New

19,800

Feb

6%

1

1
Fuel Gas
*
Mfg & Stores common
1
Petroleum Ltd
——25c
Phoenix Industries.—^
10c
Pressure Cooker common—2
Radiator Co
-4
Research Corp
1
Rubber Machinery
-10
Starch Products
—1
Steel Car Ltd—
.'•
•*
Transit common.—
1
Union Radio—r
30c
Hess

New Haven Clock &

New

i

274

674

.j.

Dehydrating &

New
■

Co

Kennedy's

4%

27k

,

-•

.

K
Kawneer

i

574

"lit

2%%'

2-%

Jupiter Oils Ltd^

Kaiser-Frazer

3%

*

100

1

Inc

common
Nestle Le Mur Co common

New

474

13,000

6%

10

Corp

New British

—1

common

Milling Co
Bellas

National

Apr

10

100

1774

6 74

274

N

Jan

13,700

—

1

Muntz TV Inc

Murray Ohio Mfg Co
:
Muskegon Piston Ring common
Muskogee Co common

-24%

GOO

|4%.

y.*

.

100
vtc—-*

Jeannette Glass Co common.

;

Products

Metal

Clemens

Mt

Mar

xll3% Mar

11%

15%

16%
6%

—*

Monogram

National

Mar

*

1

Molybdenum Corp

Feb

7%

7,100

pfd——100

Light 5%

Pwr &

Minnesota

1074
100

1
1

*

Canada

of

Corp

Jan

3,050

24%'f>53V

3%

—

common

4%% convertible preferred

32%

1

_•

Miller

974

Co—

Inc

Piping Co
Mid-West Refineries..

Nachman

Apr

3%

1
2.50
*
10

*
—50c
5
—1
50c
50

Midwest

Feb

Apr

shares—

common

Namm-Loeser's

i_*

—

Manufacturing

Irving' Air Chute

105

24%

preferred

Fireman

Iron

105

capital stock.*
5

Investors Royalty——

Co

Mid-West Abrasive

National

A

dividend

non-cum

Jan

2074&1

._*
.50

series——

Tube-

Jan

International Hydro-Electric—
Preferred

$2

Midvale

6%

-7

Jan

1374 Mar

1374

3'/a

$1 conv preferred—*
Midland Steel Products—

2074

93

2874

3,400

3474

13%

Oil Corp

Midland

Apr

90

4,300

3174

3'/4

——

Michigan Sugar Co common
6%
preferred
Micromatic Hone Corp
Middle States Petroleum common

Jan

500

26% Mar

400

1

Corp

Bumper

37

-f!)3%

15

Inc

Brothers

Apr

4

—1

25c

preferred—

Participating
Michaels

3174

$10

24% Mar

Jan

2,900

11%

9,700

\ 32%

10%

Apr-

900

1974

2474

32%

„

Corp common

200

3174

Jan

Feb

1874
22

10

24 74

& Scott Corp—

Chapman

Muter Company

—5

Co of North America

9

Apr
Feb

5,300

n%-

45%

21%

Imperial Oil (Canada) capital stock—*
Imperial Tobacco of Canada—-—5
Imperial Tob of Gt Brit «fe Ireland—£1
Indianapolis Pwr & Light 4%- pfd—100Insurance

Jan

2%

1374 Mar

•

Co common

Feb

7174 Mar

'

5

Imperial Chemical Industries—
American dep receipts registered—£1

Jan

99

Apr

6%

%£■ 13%

3

19%

Apr

69%
7%

;

100

14%f 15-

——.—_*
—5

Hydro-Electric Securities

18% Mar

900

13

Mar

90%

10

11%h

%

13 %

-*

Lock & Manufacturing Co..

Hurd

Jan

50

4

11

———____100
(Harvey) Inc common.5
Oil & Refining capital stock—*

Humble

30

200

%$23

preferred

Hubbell

•'

850

'

15
*

Co

common

5374 Mar

174

90'/2 V 9274

—*

& Co

Horn

Jan

Jan

474

:12%

70

_10
2.50
__5
1
—*

—.

16%

137411374

1

Inc—__,——_

Horn

57f

21

10c

Products

Steel

Mfg Co common
5Co
convertible preferred
Hoe (R) & Co class A
Hollinger Consol Gold Mines
Holly Stores Inc
—\
Holophane Co common
Higbie

Hormel

22

2

preferred w w__
Henry Holt <fe Co common

Horder's

4

100
100
1

common.

4%

Jan

5% Mar

Apr

£ 274

74

9 74

97k

*

5%% preferred

3%

1,000

25 % £26 %

26

—*

A

Hercules

2

5
25c

Rubinstein common

Helena

11%

1174

97a

974
18%

24%

Warrants

Meta! Textile

50

180

1%

Jan

13%

Apr

1,300

-*

..

Dept Stores common

Hecla Mining Co

5274

174 4

1074

*

Dredging

Feb

1474
52 74

1874 Mar

Apr

1

Michigan

5
*

Harvard

Jan

8%

con

Mesabi Iron Co

\ 19% Mar

Jan

Hall

Hartford

14%

1,100

18%

57 74 Mar

Apr

Haelan Laboratories Inc

Hastings

2,800

9

Apr

H

Hamilton Bridge Co Ltd

18

8%

..1

& Co

(AG)

McKee

Michigan Steel

Lamp Co

Feb

Jan

17%

874

Feb

2% Mar

Apr'

•>14%. Jan

5
*

common

4

3%

17%

159% Mar
135%

Jan

52

2,300

Ltd

Co

Mar

213/, Mar

-Feb

135%

17%

£1
.10

Communication

25% Mar

Jan

52

75

Marconi International Marine

Jan

'

67 k

152

35

Feb

*

200

23%

1
25
50c
—9c
2

Great Lakes Oil <fc Chemical Co
Great Northern Paper—

Greer

Jan

■41%

10

20

35

Feb

McWilliams

preferred

1st

...

82%

*
100

Non-voting common stock
1'ic

52

Jan

60

Mar

45

7,700

%

45

pfd—25
—1
5

conv

Rapids Varnish

Grand

110

1 %

1
50
4

Consolidated Mines

Goodman

Gorham

46

—*

;

Goldfield

Jan

55%

_____.i*
—;—
*

class A

1374

12%
20

14%

'

.-1

—1

class B

Distilleries

Glenmore
Globe

————*

Coal

Alden

Apr

1574 Jan

Jan

Apr
1% Mar

9

20 74

Mar

Jan

Feb

Apr

36

The Commercial and Financial Chronicle...

(1820)

Monday, April 27, 1953

AMERICAN STOCK EXCHANGE
RANGE

Week's

Sale Price

APRIL U

WEEK ENDED

Friday

for Week

Last

STOCKS
American Stock Exchange

FOR

Sales

Range

Friday

of Prices

STOCKS

Shares

'

Low

Par

17'At

17%

1,100

*

Pond

1714
17%

16%

17%

5,300

16%

Jan

20% Mar

1%

1%

1,200

1A

Jan

2% Mar

1

17%

Jan

19

Mar

Amer

Laboratories

74

A

%

2,600

1

2%

214

2%

1,100

Corp—.___

44

$3 preferred_50

American Rayon

North

Is

dep rets ord shares

Norden

1%

1

44

44%

North Canadian Oils Ltd

25

218

2%

Oil

5

19%

19%

1

3%

North

Central

Texas

Northeast Airlines

North

Penn

Northern

Co

RR

Ind

Pub

Novadel-Agene

414%

Serv

4

3%
90
92

pfd—100
24%

•

91%

24%

50

Corp

3

19%

A Jan
2%

200

42

28,900

%

Apr
Jan

44%

Apr

3

Mar

Iff Jan

400

19%
3%

1,600

Feb

Jan

3% Mar

22% Mar

Apr

4%

Jan

30

90

Apr

92

92

10

91%

Apr

98%

25

2,300

20%

Jan

27% Mar

Mar

Segal Lock & Hardware
Selby Shoe Co
Sentinel Radio Corp.

—Il

common

Silex Co

New

•

common.

__

_

cumulative

United

20

20%

63

69

10

Vb

10%

mm —

20

20

38 Vb

43%

17%

17%

18

.1

1

Jan

43% Mar

3%

Jan

39%
20

Apr

20%

Apr

800

63

Apr

69%

Jan

350

38%

Omar Inc

107

Apr

2,400

1,300

O'okiep Copper Co Ltd Amer shares_10s

Jan

2%

1,100

Overseas Securities

Mar

2%

57% Mar

Jan

6%
8

Jan

102

100

10%

7%

Feb

48

2,300

19%

7%

Olympic Radio & Telev Inc

1%

25
300

6%

8

B__.

1.700

19%

—

class

40

20%

preferred

Filters

2 it

2%

68

25

Company common
Old Town Corp.—
40c

102% 104

2%

40

___.

Okonite

Oliver

102%
.:

52%

52%

7.50

_____

2

1%

52%

100

Ltd

Natural Gas

common

2

50c

—

B

4'/2S preferred

Oils

Okalta

Oklahoma

class

Co

Brass
Power

9%

Jan

6
X

Jan

H 00

Jan

23 y4 Mar

Apr

9ya Mar

2,400

7%

100

16 Va

Jan

6%

Feb

18

Jan

20 Va

Feb

2,200

41%

Apr

52%

Jan

900

17%

Apr

19%

Feb

Co

Pacific Gas
5 % %

common

Electric

&

13%

8

6%

1st pfd—25

1st preferred

31%

25

27%

27%

___________25'
5% redeemable 1st preferred
25
5% redeemable 1st pfd series A__25
4.80%
red 1st preferred
25

Pacific

Lighting $4.50

preferred

31%'

X31%

1st preferred.—

,6%

13%

m: <' ' '

27%

100

13%

Apr

16%

Jan

1,500

x3T%

Apr

34%

Jan

500

27%

Apr

31%

Jan

27

.

Mar

28% Mar

26 Vb

26 Vb

26%

2,100

26y8

Apr

28 Vb

Jan

26%

x26%

27 Vb

1,000

x26'/4

Apr

28%

Jan

25%

25%

26 Vb

1,000

95%

96%

200

96 %

•

25% Mar
95'/2

Apr

27 Vb

Jan

102%

Jan

'
'

$4.40 div cum preferred

*

Pacific Petroleums Ltd

1

Pacific Power & Light 5% pfd
Public Service common

1st

Page-Hersey Tubes
Pantepec Oil
Paramount

Park

Class

B

Apr

25,700

12
v

——

'

—

A)

11 Vb

Feb

Corp

Company

100% Mar

103%

Jan

19%

700

17

Apr

19 %

Apr

24 Vb

100

24 %

Apr

25%

Feb

30,500

1%

Feb

~2%

Feb

2%

2

2 %

5

4%

5

1

class

Jan

13% Mar

18%

—

18,300

4 %

1

Co

101%

24 Vb

'

vtc„2 Bol

Amer shares__l Bol

Motors

Pen

(C

11%

94%

•

common

(C A)

Chemical

Parker

♦

Petroleum

•

—

—-

'

•

preferred

Pancoastal

11%

'

100

Pacific

$1.30

.

A____

;

2

53

Feb
Jan

5y8 Mar
60

Feb

X3%
13

x3%

400

12%

13

300

12% Mar

13%

Jan

3%

Feb

4% Mar

—25
—

common

888

mm —

£1

South

Coast

4%

Jan

5% Mar

12%

Feb

17% Mar

38%

39%

1,300

38%

Apr

42%

Jan

3%

3%

100

3%

Jan

4%

Jan

5%

6,300

10%

900

__

5

Jan

25

40%

40%

41

90

40%

Apr

48

Jan

26%

27%

— -

32

33

29%

30%

2,300

23

23%

800

6%

6%

100

42%

43%

400

42%

5%

5%

200

X4%

preferred
cumulative preferred.

original

5%

10%

25

convertible

25

convertible

25

29%

25

23%

preference..
preference—
cumulative preferred—
cumulative preferred

4.48%

4.32%
4.08%

25

Southland

Royalty Co
Corp

■

Brewing

5%

2.78

Co

Corp common
$1.60 convertible preferred
Standard Forgings Corp
Standard

.

Co

Standard-Thomson

Corp

Standard Tube class B

22

200

21%

Apr

23%

Jan

27

Apr

28 %

Jan

Sterling

25

26%

26%

50

26%

Apr

28%

Jan

Sterling

2.50

5%

5%

100

5Va

Jan

5%

Feb

Sterling

Inc

13%

7,600

12%

Jan

Stetson

(J B)

100% 102%

325

100%

Apr

Perfect

Circle

37%

39

500

37%

Apr

3%

Feb

64%

65%

200

64 %

Corp

500

13%

24%

1,000

5%

900

13%

14

24%

13%

5%

Apr

41 % Mar

3%

Jan

70% Mar

Apr

16%

distribution

*

—

Phillips Packing Co
Phillips Screw Co
Pierce

Governor

*

10c

common

Pinchin

Johnson Ltd

Pioneer

Gold

Mines

Piper Aircraft
Pittsburgh

23%

Jan

25

5%

Apr

3%

Jan

3%

Lake

Pneumatic

Polaris

Scale

3%

1,000

18%

200

21%

Apr

2%

Jan

Jan

2V*

Jan

Feb

6%

Apr

20%

20%

800

19 V*

Jan

15

15%

39%

39%

1,800

39%

Apr

41% Mar

14

14%

8,900

11

Jan

16 y4

3,150

20%

Jan

23% Mar

11,400

14%

Jan

13%

Jan

■

22%
14%

common

lis

Vb

2,300

2%

2%

2%

4,100

2%

Jan

671/4

67 Vb

69%

1,170

57 Vb

Jan

5

34%

34%

35%

1,800

34%

Apr

38%

9

9i/a

400

8

Apr

11

3%

3'/4

100

3

Jan

•

1

io

Co

9
— —

21

21

20%

Feb

3%

1,800

3%

Apr

25c

3%

Powdrell & Alexander common—___2.50
Corp of Canada common
•

71/s

6%

71/s

2,600

36%

36%

36%

900

Power

6%

1st preferred
& Lambert Co

Pratt

Prentice-Hall
Pressed

Inc.

Metals

100

l
__1

Corp of Nevada

Prosperity

1

class

♦

Co

40%
9%

2.50
!

B

Providence Gas

•

1

11

— —

—

'

"l%
—

8%

41%
9%
12

1%

200

1,100

1,400

1%

600

4%% cumulative preferred
Puget Sound Pulp & Timber
Pyrene

Co

com

common

,li.

io

75

3%

Mar

Jan
Mar

Feb

23% Mar

4%

Jan

Jan

8% Mar

Jan

40% Mar

Jan

40%

9%

Quebec

Power

Co

Class

Class

1

Die

&

B

lfs Mar

US

Jan

2%

Jan

9% Mar

Apr

9%

Technicolor
Texas

Inc

Power

&

Shovel

Thew

Thiokol
Thor

6.25
10c

Pump Co
Regal Shoe Co.

(Robert)

Reliahce Electric &
Rice-Stix

~1

Engineering

Richmond Radiator

III

Rio Grande Valley Gas Co—
(Texas Corp) v t c
Rochester Gas & Elec

Thorofare
Tilo

Co

4%

1

91

Apr

Todd

Amer

Roosevelt

Field

5

Tri-Continental

19% Mar

True Temper

30

Apr

Trunz

Jan

20

Jan

30% Mar

Inc

Rotary Electric Steel Co
Rowe

(The)
Royalite Oil
Russeks

Corp
Co

Fifth

10

Ave

Realization

Corp

Chemical

Gas

of

4

Jan

21%
43%

Jan

Jan

Union

Investment

Apr

Feb

4%
23

Union

Oil Co

Ryan Aeronautical Co
Ryan Consolidated Petroleum—
Ryerson & Haynes common

54

Mar

$3.T5

preferred

series

8%

8%

300

Jan

9%

Feb

8%

10,100

Jan

8%

Apr

United Elastic Corp
United Milk Products

1

1%

3,300

%

Jan

1% Mar

24%

24%

200

24 %

Apr

28%

26%

26%

700

25%

Jan

27% Mar

2%

2%

2%

1,200

2

%

Apr

2"%

Jan

Jan

Jan

Union

1,400

2%

Jan

2%

Feb

80

88%

Apr

94 Vb

Jan

21 y4

Apr

26

Mar

21

Apr

26%

37%

Apr

Feb

Yards

Stock

Aircraft

United

of

dep

Sapphire Petroleums Ltd
Savoy OH Inc (Del)
Sayre & Fisher Brick Co

Sharing
preferred

Preferred

Schick

Air

Bchulte

(D A)

Inc

Scullin Steel Co common

$4

Scurry Oils Ltd

Foil

and International

6

Jan

6% Mar

12

$5
U S

Co

class

B

_

Radiator

U S Rubber

Jan

16% Mar

3%

1,400

3%

Apr

4% Mar

Seaboard

Western

Securities Corp
*or

Airlines™

5%

5%

1,800

4%

Jan

6% Mar

Universal

Consolidated
Insurance

General,

footnotes

see

;

page 37,




1

1

Utah-Idaho

33%

6,900

30%

Apr

%

%

6,700

%

Jan

2%

2U

44,700

6

6%

1,200

31 Vb

9,400

25%

Jan

31%

Apr

Mar

105%

Jan

Feb

29%

Apr

10z

29%

1%

29%

1,300

11%

11%

12

1,900

11%

Apr

17%

21%

21%

22%

1,800

20%

Apr

25 %

Feb

13%

14

14

Apr

29

25%

200

13% Mar

A

6%

6%
18%

18%

300

18 %

Apr

19% Mar

36%

37%

500

35 %

Apr

38 % Mar

11

Jan

52%

51%

52%

500

51%

Apr

4%

1,700

4

Apr

225

90

Apr

6%

1,400

6 Vb

Jan

7% Mar

6

4

4

90

"2

93

Mar

1%

2

8,200

1%

3

A

3A

2,800

3

2%

3%

3%

1,000

4 Vb

4%

18%

18%

% Mar
Feb

4%
y

Jan

97 %

Jan

900

Jan

2%

Feb

A

APr

4

Jan

2%

42,600

18%

Mar

6

58

Jan

3% Mar

4%

Apr

5%

Jan

19 V4

Feb

Apr

18

Jan

5

6 Vb

6'/a

SVb

__

6%

1%

Jan

3%

Feb

9%

Jan

2,800

6y8

Apr

800

26%

Jan

30

Apr

9%

700

9%

Apr

10%

Jan

90%

27 Va

28

250

89

Apr

96

Jan

20

77

Apr

80

Jan

28

90%

89
77

77

4%

mm—

4%

1,000

4%

38%

350

37%

Feb

43

Mar

9%

125

9%

Apr

13

Jan

mm—

3%

Jan

38

.

9%

9%

Apr

5% Mar

-

—

__

—

5

5

—

%

16

—-

5

■

■

230

•

Apr

200

%
4V«

Jan

235%

Feb

U

Mar

Jan

100

4y8 Mar

6V2 Mar

36%

36%

37%

36%

Apr

40%

Jan

36

35

36

330

35

Apr

38%

Jan

16%

16%

H'/B

600

14%

Jan

19% Mar

2%

3,500

3

10,300

1%

Jan

14%

15

1,000

14 Va

Apr

16

Feb

58

58

59%

100

52 y2

Jan

60

Jan

36

34%

Apr

43%

Jan

Oil-

10
.

10

*

9%

4,400

2

1%

1,000

46%

——

100

1%

1%

1,800

2

1

50c

5,900

6%

93%

9%

9%

37 %

6%
92%

6%
__

Reclaiming Co

—

2%

47%

22%

22%

6%

Apr

8%

Feb

3

Apr

7%

9%

Apr

11%

Jan

2

Apr

2%

Jan

1%

Jan

1%

Feb

500

41 Vb

Feb

48%

Apr

100

21% Mar

24%

Jan

32

Apr

37%

Jan

Feb

3y4

Jan

300

10

32

32

32

150

3

3

3

2,400

1

6%

6%

6%

2%

Feb

Valspar Corp common

600

6%

Apr

7% Mar

2%

Jan

5

76y2

Jan

82

11%

Jan

13

Feb

Vanadium-Alloys Steel Co

•

25 y8

17,600

Apr

30'A

1%

Jan

2

Feb

Venezuelan

1

20%

20%

Feb

28,

16%

Jan

Jan

23 V4

Venezuela

20c

4%

1

6%

.4
6%

25 %
2 A

2% Mar

$4

convertible

preferred

Petroleum

Syndicate

Inc

A

3,800

Feb

*2f| Jan

Vinco

8%

9%

3,200

8%

Apr

11%

Feb

3

Virginia Iron Coal & Coke Co

3

300

2%

Jan

Feb

Vogt

4

Jan

96 V4 Mar

92

A Jan
A Mar

2A
6

1,400

Feb

Jan

5

common

Sugar

38% Mar

34%

3%

400

2

Jan

18%

16%

3,200

26%

Jan

36%

2%

1%

Jan
Jan

12%

12

26%
9

x30 %

*

United Stores Corp common.

2

Feb

30%

1

3%

"2%

15

47%

*

common

1

30%

15%

Apr

1

_

Securities

1st preferred with warrants..

!•

50c

300

Jan

10c

preferred

conv

U S

•

13%

*

U S

1%

12%

*

14% Mar

l

common

Mar

Feb

1

Conditioning Corp

17% Mar

2%

Jan

16

12%

25

U S Finishing Co_

42% Mar

12%

4

Jan

lz%

10

common—

Jan

"l

Inc

Jan

10 y4

44

-.25

_

Specialties

Apr

"2%

3y4
■

__

850

25

United Shoe Marchinery common-

10

~2%

1,100

690

10s

—

14%

1

3%

31V4 Mar

12%

*

common—..

1,200

1

Feb

—

100

Profit

7,100

25c

X27%

45%

50c

United NJ RR & Canal
United

14

1

350

12%

—20

15%

30%

30%

Jan

44%

IIIoo

common.....

13%

1

3%
__

13%

•

rets ord registered

Universal Products Co

Lawrence Corp Ltd common
SSamson United Corp common

..

common

Universal

St

Jan

Ltd—

14%

200

.

A

Omaha

13%

14

Feb

5y«

'mi.4m

Products

Molasses Co

Amer

U S

13%

20%

Feb

12%

IIII4

8%

13%

31 %

Feb

4%

44%

•

14%

1

Feb

17%

_

Co

~8%

——

28 y4

of California—

United

_1.25

50

~4%

Corp

1

common

3%

1

Canada

4% Mar

1,800

Jan

Apr

U
men

6%

40%

3'% Mar

23% Mar

100

*

Apr

39%

9% Mar
4

700

5

29%

—

—*

Feb

40

29%

warrants

♦

common

Ltd

18%

5

100

Corp

5%

500

30

18%

18%

20
70c

___

3%

1,700

30

■

1

common

200

23

9%

1

Feb

22%

Jan

5

Corp

Apr

21%

6%

*

Lux

Jan

21%

2,600

7%

Jan

Trust Co Ltd—

400

21%

8%

22

8

—1

6

5

Jan

Tonopah Mining of Nevada
Trans Empire Oils Ltd

£i

Inc

20 y4

Trans

United

dep rets ord reg
Rome Cable Corp common

350

Feb

27%

2%

22%

Feb

101

14%

90

9%

25c

Toklan Royalty Corp
Toledo Edison 4 % % preferred

22%

2%

18 y4 Mar

22%

5

Construction

Shipyard Corp

150

89

Jan

20

Stocks

4%

2%

14%

•

Inc

Allied

4%

100

100

Mar

*

common

Realty &
&

10%

pfd F

17%

3%

1

Roofing

Tishman

500

Royce Ltd—

18

Jan

5

Light $4.56 pfd

6

5

Inc.

Jan

*

common

6

1

Apr

16 %

5

4%

1

~1
Co

&

2Va

100

Jan

.15

common

26%

B

Reda

400

8%

mil

Co

common,
Markets
Inc

16%

1,800

3
17

3% Mar

Inc___

Jan

2%

— -.

8

Corp

29%

100

34%

Feb

17%

1

Corporation

27

300

32y2 Mar

Jan

16%

deposit rets def registered—5s

8%

4

Feb

deposit rets ord registered—£1

400

51

4 '/4

2

Amer

8%

22%

Jan

Apr

600

1,300

200

Amer

8%

4

6%

3%

5%
3%

—8

8

common

Tobacco Security

Jan

50

5 Vb Mar

5%

1,900

Feb

Apr

22%

•

6y8

3%

25C

Electric Co common

Tampa

19%

io

Jan

3%

5

Oil Corp

Union

Railway & Utility Investment A
Packing Co common
Raymond Concrete Pile common
Reading Tube Corp class A
;

5Vb

5 %

_8

Cement

Unexcelled

Rath

600

5%

10% Mar

4,500

Jan

7%

•

Apr

2%

12% Mar

R

Rolls

Tool

Finch

Swan

Q

'I.';:

8%

3%

10%

1%

100

600

9%

44%

600

28%

10

211 Va

2%

!

Portland

15%
27

15% Mar

Apr

3%

Apr
Jan

5,400

50

16% Mar

203%

2%

common

Feb

Apr

160

3%

9% Mar
10

1%

i;

Reis

Superior

Jan

112

8%

92

17%

Apr

207

__

Ray Drug common

Tobacco

1%

28%

•

5

Manufacturing

3% Mar

8

91

100

J%

15

14%

20 y2 Mar

Jan

6%

Public Service of Colorado—

Pyle-National

Mar

35%
112

»

common

of America

Preston East Dome Mines Ltd

Producers

3%

lit

75

21

23

500

—

—

205

—

8

Corp

(Hugo)

Jan

1%

5%

5

Co common

Talon Inc class A

"ill

l

2

Mar

6V2 Mar
5y8

Jan

18

_50

Erie

common

Mining

3%
18

6%

1

common

Pittsburgh Metallurgical
Pittsburgh Railways Co
Pleasant Valley Wine Co

3%
—

48

Jan

Apr

Feb

shares—.10s

Ltd

Corp

&

l

Amer

5%

Apr
Feb

1

Stop & Shop Inc
Stroock
(S)
& Co
Sun

Jan

Jan

4

8

ordinary
Corporation

& Co common

Superior

2.50

Philadelphia Company—
Ex

Stinnes

Jan

8

4%

10

Products com..——5
1
Brewers Inc
10c
Engine Co

(A)

24%

Feb

3,300

14%

—1

Corp

Canada

Parts

Feb

Feb

6%

9,600

Sterling Aluminum

of

Steel

26%

2%

1

21%

Steel Co

Mar

6

23%

1

...

35% Mar

33% Mar

23

14

inii

__

28% Mar

V/b

—

Products

Stein

Apr

Mar

5%

'

8

(The)

Apr

29%

— ~

—

preferred

Starrett

32

8

Common class B

Standard

26

39%

1

(Ky)__

1
Corp
10
Convertible preferred
Standard Power & Light common. ____1

$7

300

——

10

Oil

'

Standard Packaging

22

37%

8% Mar

20%

20

Jan

1

Mar

5%

——

1

Standard Dredging

Apr

•

11

24

■mm—

6%

Co

Jan

200

8

Stahl-Meyer Inc
Standard

mm —

-1

Shoe

Spencer

54%

Power

10

+m—

1

Bouthern Pipe Line

36

&

5% Mar

40 y2

Feb

(The)

Jan

Apr

Apr

Water

Jan

19

Jan

4%

Jan

5%

Penn

18%

*m~'

6%

32%

Pepperell Manufacturing Co (Mass)__20

Feb

300

6,400

34%

43% Mar

Pep Boys

4% Mar
32

1,400

10

Jan

Jan

1,800

850

103

Feb

8%

7,200

100%

mm —

37%

6%

100

3%
29%

900

Feb
Jan

7%

45%

pfd

21V2

34%

32%

Light 4 % %

Jan

7%

6 %

&

17 V* Mar

35%

44%

Power

4%

21 y2

.12.50

32%

Penn

Feb

105

Jan

Jan

Southern California Edison—

6%

14% Mar

Apr

16

1,500

5%

Corp common—_—

South Penn Oil Co common

44%

13%.

103

17%

15%

5

•

13%

50

103

10%

2

1

Jan

5%

__

Patican Co Ltd

common

Jan

76 Vb

1

Peninsular Telephone common

Corp

44

Feb

i5y8

Corp

Manufacturing common

Soss

Feb

Pennroad

Apr

67

8

Paper Mills

(Howard)

Smith

...

Feb

25

39%

1,100

38%

20

Singer Manufacturing Co Ltd—
Amer dep rets ord registeredSonotone

Feb

700

6i>*/2

15%

—

17%

preferred

8 Vb

Apr

40%

3%

8*

1

13%

preferred

7% Mar
13 y4 Mar

5

21%

♦

Ltd common
Manufacturing Co

Simpson's

Apr

Co

Jan

11% Mar

<1

15%

cumulative

5

Jan

20%
16%

—

12 % Mar

cumulative

200

7,600

6%

*

400

$1.30

8,100

5%

—

300

$1.32

6%

12%

•

12%

Penn Traffic

17% Mar

103

16%

15%

25

Mar

Jan

—

12%

$1 cumulative preferred

Apr

39%

♦

15%

Jan

Apr

%

.

»

1

32%

5%
14%

X68

—

Canada

preferred
Simplicity Pattern common
Singer

Apr

300

%

5

39%

2

*

2,200

Jan

1%

12-/8 Mar

6%

x6a %

—

Parkersburg Rig & Reel
Patchogue Plymouth Mills

——___

Jan

4,200

5%

$3 convertible

4.56%
Can

Feb

Bimmons-Boardman Publications—•

4.88%

Pacific

5%

1%
11%

15 Vb

16%

%
16

6%

'

Corp of America class A
Sicks
Breweries Ltd

Ogden Corp common..
Ohio

28,600

High

Feb

I—8

5%

n

5

preferred
of

1%

14%

12%

Inc
common—<

Shoe

Ohio

1%
-w

16

Shawinigan Water & Power
Sherwin-Williams common
4%

900

__

10c

Shattuck Denn Mining

Sherwin-Williams

14%

1V2

Range Since Jan. 1
Low

14%

—

Servomechanisms
Seton Leather

14%

High

*

Sentry Safety Control
Serrick Corp class B

Jan

O

Shares

Low

-1.1

'

Nipissing Mines
Non-Ferrous Metal Products Ltd—

for Week

•

Inc

Bros

Beeman

Sales

Range
of Frices

Par

High

5

Niagara Share Corp common
Niles-Bement

Low

High

Week's

Last

Sale Price

American Stock Exchange

Range Since Jan. 1

Corporation

Manufacturing

22

9,000

_4

Mar

Jan

Apr

4%

6,400

7%

3,400

30

Apr

39%

Jan

13%

Jan

14%

Apr

10

31%

34V2

450

•

14 Vb

14%

300

..

5%

Jan

5

Jan

8% Mar

Mar

Number 5215

iyolume 177

(1821)

The Commercial and Financial Chronicle

...

AMERICAN STOCK EXCHANGE
FOR WEEK ENDED APRIL 24

RANGE
Sales

Range

for Week

Last

STOCKS

Sale Price

American Stock Exchange

of Prices

Interest

Loto

Low

High

Aircraft

ext__

ctfs

voting

Baking
preferred

7 %

•

—

•

preferred

$2 cumulative

1

Webb

*

4

Western

Tablet

Westmoreland

Coal

Westmoreland

Inc

Whitman

(Wm)

Williams
Wilrich

Wisconsin

1%
6 '/a

18%

18

550

Jan

183A

Mar

17

«...

«M-

-

243

pfd

4%%

6s

Jan

"w

1,100

10'A

Apr

12

Jan

3

300

2%

Feb

3'A

5'/2

5'/2

6

2,000

4'/a

Jan

6%

Apr

8%

8%

8

Feb

9

Mar

3

100
1

4%

Jan

3A

Apr

6% Mar

Jan

11'A

Apr

.

——

Feb

xl4%

"%

28,200

3'A

3'A

200

3

Jan

12%

12%

300

12

Jan

14

3%s

103

50

103

Feb

105 »A

Jan

103

104

Jan

11*6

13%

50

13%

Jan

15

15'A

300

143/4

Apr

16'A Mar

60

59%

62

1,500

59%

Feb

66

——

6

•

Feb

7%

Jan

Apr

~2 'A ~2%

~2 'A

~2

7,900

~2%

Feb

Feb

Date

Week's Range
or Friday's

Last

Period

Sale Price

Bid & Asked

98'A

June-Dec

1970

973A

High

Bonds

Jan. 1
Low

No.

973A

19

98'A

Lack

of

1st

N

mortgage

Eastern

Water

92

150

7

150'A

92

— —

92%

92

96%

87

91%

23

67%

27

63

62'A

8

58

Lt

RR

1

105

__Mar-Sept

Mfg Co—
1940 coupon 1953—,
1947 coupon 1953

—

A6%s

Nov

ex

Guantanamo

95'A

98

Isarco

with

A7s

ex

Italian
A6

Nov

—

Italian

1947

1

Superpower

Valley

Extended

56

56

—

Mar-Nop

—

53

85

Jan-July

—

a.

to

May-Nop

—

1970

Piedmont

Jan-July

100%

ex

76%

—

coupon

1947 coupon

Electric

■

& Gas

debentures

series A

1st

and

2%s

ref

—

—

85%

series

3'/as

D

series

3s

California

Southern

Counties

mortgage

Southwestern Gas

Gas

B

76

94.66

96.40

96.71

97.69

94.50

96.28

96.13

96.39

97.65

94.33

96.12

270.73

101.63

50.88

105.58

96.11

96.13

97.19

94.41

95.96

271.26

101.88

50.74

105.70

95.70

96.13

97.18

94.40

95.85

96.30

Qver-the-Counler Industrial Slock Average
(35 Stocks)
Compiled by National Quotation Bureau,

49.80 Feb

Apr.

-

24

48.09

Apr. 21
Apr.

2

47.10 Apr

High

48.03

20

Apr.

Inc.

Range for 1953

Closing

47.91

22

24

stocks for the week

Range for 1952

47.51

High

47.10

—

Low

—

49.67 Jan 30
45.06 May 1

81

82%

prices based on the closing prices of the common
17, 1953 for composite and by major indus¬

ended April

*101% 102%

100

—

127%
77

98

97

97

4

——

Utility

97

100

100

"

2

—

103

243.5

_

194.4
245.4

—0.6
—0.8

210.2
260.5

HI'?
236.1

221.8
120.2
206.0
252.0

224.3
120.6
207.6
253.6

—1.1
—0.3
—0.8
—0.6

242.0
125.2
2P'8
306.9

204.3
115.8
H?'r»
235.0

:

101

*30

—-

and Service
—

90

90
~

—

3'As

139

138

1

1'47%
95%

95%

94

78

82'A

22

99'A

62

98%

97

97

93

93

99

93

5

96

Week Ended April 24,1953

Shares

Wed. April 22__

—

95'A

96

*90

1970

Thurs. April 23.

1,915,311

96

102

Tues. April 21

92

10

100

*93

Feb-Aug

May-Nop
ApriZ-Oct

1,522,820
1,246,090
1,396,140

Mon.

98

97

100

101%

91

$89%
*85

92

—

$132

138

—

—

Fri.

88%

—

Total

Bank

Government

Bond

Bonds

Bonds

Bonds

InV I

Mitcel.

Bonds

$9,000

524,000

16,000

3,192,000

464,200

1,000
1,000

—

1,782,850

3,447,000

492,000
475,000

7,863,211

April 24

$17,783,000

$2,623,200

3,999,200
5,309,000

3,922,000

Total

$20,433,200

$27,000

Stinnes

(Hugo) Corp—
A7-4s 3rd stamped 1946

Terni

Jan-July

,

Hydro-Electric
with Aug 1

1

Co—

A6'/2s

1940

146%

112

147

1953
1953

coupon

A6'/2s ex Aug 1 1947 coupon
Electric Service Co—

*30

—

A 7s

with

A7s

Dec

Dec

ex

1

Waldorf-Astoria
A

1956

1940 coupon

1

1947

coupon

Penn

Western
6s

Traction

Newspaper

conv

I

s

5s

—

106%

103

103

5

102%

June-Deo

101

101

5

101

June-Dec

108

9

108

Total

—

99% 100%

99%

5

101

Friday
Interest

American Stock Exchange

External

5Vis

Last

Period

Sale Price

or

Friday's

Bid & Asked

External

5s

stamped 1952
ALima City (Peru) 6Vis stamped 1958
Marenhao stamped (Plan A)—
Interest reduced to 2Vis 2008
AMedellin

7s

stamped

1951

June-Dec

;

Jan-July
Mar-Sept
May-Nop
June-Dec

Mortgage Bank of Bogota—
A 7s

A7s

(issue of

May 1927) 1947
(issue of Oct 1927) 1947—;




Bonds

Range Sine*

Sold

Jan. 1

Low

No.

92

Week Ended April

High

Mon. April 20

*92

May-Nov
-—April-Oct

April 22
April 23.

Frl.
—

68

.

April 21

Wed.

92

24, 1953

—

68

68

1

—

100

100

95

96

993A

5

6

18

*46

49

—

Bonds

Shares)

413,590

$28,000

367,165
379,185

77,000

*65

101

17%

*63%

43

48

63%
—

•—

43%
69

10,000

107,000

194,000

9,000

18,000

74,000

48,000

23,000

108,000

20,000

37,000
81,000

4,000

105,000

$220,000

$276,000

$85,000
Jan. 1 to

$581,000

2,425,085

39,087,767

46,267,536

$220,000

$224,000
161,000

91,000

$4,095,000
7,857,000
2,137,000

$4,296,000

276,000
85,000

Foreign government

Total

1953

1952

April 24
1952

2,083,961

$14,089,000

$10,885,000

Bonds

Domestic

63%
—

Bonds

$100,000

47,000

Week Ended April 24

Btocks—No. of shares—

Foreign corporate
*63%

Total

$30,000

$42,000

426,301

96

12

63%

Corporate
Bonds

Bonds

%

88

42%
—

Government

2,083,961

April 24

-

*43

Foreign

Foreign
Domestlo

1953

*16%

.<„*

'<■'

69

Total
100

a.■

497,720

1

Thurs.

■

6'/2s

$726,397,890

Stocks

92

Danzig Port & Waterways—
AExternal

$278,173,040

(Number
of

Tues.

Feb-Aug

1953

High

92

ApriZ-Oct
Jan-July

May-Nop

1955

$16,579,000

Daily, Weekly and Yearly

Week's Range

Low

Agricultural Mortgage Bank (Col)—
A 20-year 7s April 1946
A20-year 7s Jan 1947
Bogota (See Mortgage Bank of)—
ACauca Valley 7s 1948
Danish Cons Municipal Loan—

14,827,000

Transactions at the American Stock Exchange

Foreign Governments and Municipalities
BONDS

257,000

2,623,200
17,783,000

£4,369,340
201,673,500

112

Feb-Aug

1959

370,000

34,316,440
243,485,600

104

108

Mar-Sept

1960

Railroad and Industrial.

•—

Union—

debentures

$11,000

1,741,000

$20,433,200

Foreign

—

*30

1956

Washington Water Power 3'/2s 1964
West

*88

Hotel—

5s income debentures 1954

$27,000

International

June-Dec

$98,050

$1,000

GovernmentBank

S.

April 24
1952

119,019,851

135,966,800

Bonds

U.

—

—

—

United

1953

1952

6,596,264

7,863,211

Stock*—No. of shares—

81%

77

*87

Feb-Aug

Jan. 1 to

Week Ended April 24
1953

133% 133%

April-Oct

stamped 1946

2nd

112%

Industries—

(Hugo)

A7-4s

Sales

$668,000

$3,334,000
2,652,000
3,534,000
3,816,000

$4,011,000

93

83

91

—

April 20

United States

Foreign

Railroad

Number of and

101%

100

*95% 100%

Feb-Aug
April-Oct

1970

3'As

Stocks

97

97

98%

*97
93

101%

96

3

Daily, Weekly and Yearly

91

78

98%

Jan-July

Electric

Transactions at the New York Stock Exchange

—

(Calif)—

Spalding (A G) & Bros 5s 1989—
Starrett Corp Inc 5s coll trust 1966—

Stinnes

188.0
211.5

207.0
235.6

0.7
—0.7

194.3.
221.0

193.3

—

Goods

Trade, Finance
Mining

97

'

«...

Non-Durable

Transportation

81

103%

100 Va

24

100% 101

138%

Low

High

Change

193.0
219.4

Composite
Manufacturing
Durable Goods

89'A

*83

104

1952-1953

Percent

Apr. 10, '53

Apr. 17, *53

for

and with highs and lows

compared with the preceding week
follows (1939 = 100):

groups

the current year are as

95

1

*90

Feb-Aup

1973

1971
&

15

98%

Feb-Aug

Gas

3s

91%
81

80

Mar-Sept
Jan-July

1976

Southern

1st

97.79

96.23

106.68

Thurs. Apr. 23

try

90%

139

1998

1976

C

96.85

107.58

51.43

SEC Index of Stock Prices

41

*87

1960—ApriZ-Oct

1960

1973

M

series

107.71

51.77

102.69

Low

Co—

Edison 3s 1965

Southern California

3'As

51.65

103.88

The SEC Index of stock

85'A

*98'A 102
—

Jan-July
Safe Harbor Water Power Corp 3s 1981—May-Nop
Sapphire Petroleums Ltd 5s conv deb 1962_Jan-JuZj/
6%

50-year

104.13

Co—

1940

1

—

—

84'A

*90

-Jan-July

Oct

Oct 1

Service

Public

1968

——

with

A6'/2s

3'As

——

1971

Hydro-Electric

A6'/2s

*30

$138

Jan-July

1963

April-Ocf
April-Oct
Pennsylvania Water & Power 3'As 1964___June-Dec
3'As

40

Bonds

273.55

-

ApriZ-Oct

1963

mortgage

mortgage 3s

ities

Tues.

56

75'A

6

81

ctfs

1963

6s

4%

1st

Power

Rails

102

Trust—

trust

6%s due 1953 extended to
1st

Ralls

85

98

--

*88

Power 3'As 1961
Electric Power Co Ltd—
mortgage 6y2s 1953

A 1st

trials

—

75%

99

1952

New England

Nippon

Stocks

75%

77

*95

RR—

at

ities

Wed.

—

—

—

^June-Dec

1952

coupon

liquidating

Midland

Ohio

$30
*85

-Jan-July

coupon

Realization

Power

% %

1940

1

Util¬

roads

RR—

1970

mod)

Nov

Grade

—

101

Hydro-Electric Co—

A7s

Grade

275.48

106%

75%

*87

May-Noo

1963

33As

Power

(stmpd

ser

Indus¬

Date—

105% 105%

Mar-Sept

Western

&

65

Mtge Bank—

1961

Mountain

Green

4s

1

Residential

stamped

10

Util¬

Frl.

May-Nov

A6%s with Nov 1

5s

Second

Rail¬

275.99

Ercole Marrelii Elec

Finland

First

63

87

*94%

Jan-July

1956-iJ

5s

10

Mon.

May-Nov
May

1965

3%s

&

Total

trials

68%

62

—

873A

66

Jan-July

series A 1993
series B 1993

4s

& Fuel

Gas

Elmira

June-Dec

Total

30

15

Indus¬

Division—

J

mortgage 4s

A 1st

*135

Quar-Feb

1970

10

10

Western RR—

&

Lackawanna

1998
A

High
102%

-Bonda-

-Stocks-

20

22—IIIIII

April
April

w," with warrants;

the

are

20

April
April

Range Since

Sold

"w

Stock and Bond Averages

on

14 % Mar

15'A

8

listed

3% Mar

13%

1947-1978

of

series

revenue

Delaware

6%

daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.: ,/

Below

Mar

'%

12

«...

when issued;

1,"

Authority—

Chicago Transit

6%

3%

30

stock; "v t c," voting-trust certificates;
"x w," without warrants.
,
•

Apr

11

*

1

series

■'

3

105

5'A

tive; "conv," convertible; "M," mortgage; "n-v" non-voting

1,300

10'A

Interest

Aug

5 %

,

10'A

'

2%s

32

4%

transaction (not Included in year's range), d Ex-Interest,
range), f Ex-distribution, g Ex-stock dividend, h Ex-

Jan

Low

Steel

41%

30%

(not included in year's

253/4 Mar

American Stock Exchange

Edison

Deferred delivery

a

18'A

Friday

Boston

39%

33

nUnder-the-rule

Feb

£1

3'As

110

—

4%

14%

BONDS

Bethlehem

value,

par

Odd-lot transaction

April

Power

40 %

June-Dec

23%

—

_

44

4%

Jan-July

1919

150

.—5s

deposit receipts

preference
——
Wright Hargreaves Ltd

Elec

6Vis

Government

1921

15

_2
.

39%

42

*31 'A

25

1

.

8

40

40

Jan-July

2012

15

100

—

Woodley Petroleum common
Woohvorth (F W) Ltd—

Appalachian

2%

to

24%

1

.

43%

433A

transaction (not included in year's range),
rTransaction for caali
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidatlng dividend.
-. ,v„
{Friday's bid and asked prices; no sales being transacted during current week.
,
A Bonds being traded
flat.
§ Reported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬

Mar

23%

41'A

43%

—Jan-July

1 1997
(Plan A)—

3s Jan
stamped

reduced

principal.

Mar

34

Apr

18

200

Feb

32'/2

Vis

•No
e

Jan

Jan

181

100

A5

Jan

7%

6'/a Mar

7,400
189

13A

Feb

1%

11,600

ll«

ARussian

Jan

189

58

100

96

13

100

*38

„Mar-Sept

1997

E

series

15

25

Lt

6%

Jan

Mar

i'tf

1

_

Industries Inc

American

5

113

«...

Wood Newspaper MachineWoodall

—

«

common

&

Pwr

Jan

20

18

1

Ltd

Petroleums

Jan

434

110'/2 Mar

80
600

1

.

preferred x w

5%

163 3A

16,000

4%

186

Inc

Brothers

Wilson

Jan

171

fund

Janeiro

de

Interest

Jan

lYt,

—5

—

& Co

(R C)

13%

Jan

High

57»A

„

100

1

Inc

Corp.

Products

Willson

Jan

1

4%

Jan. 1
Low

No.

High

*57%
100

5

Co

&

Oil

33A

1

Corp

(The)

6%

'

-10

Stores

River

Wichita
Wickes

6

~20

—

Weyenberg Shoe Mfg
Whirlpool Corp
Auto

800

.50

l'/a

167

*

Stationary corn-

&

Rio

Feb

9%

'/2

1st pfd_ IlOO

7%

Maryland Ry

93/4 Mar

10%

1

1%

*

Western Leaseholds Ltd
Western

23A

110'/2 110%

-10c

Western Homestead Oils Ltd

Jan

8%

*

$6 pfd

Jan

1%

10%

167

.1.25

11%

2Vis

f

s

Sinking

13'A Mar

100

2

Range Since

Sold

(Republic of).—

Extl

Jan

Jan

1

preference

1%

3,300

11%

l7/a

——

Manufacturing

West Texas Utilities

White's

Apr

—June-Dec

Peru

Mar

110

Jan

1

11%

10C

Knapp Inc—

&

series

$6

Wentworth

105

•—

__

8% Mar

Jan

7'/2

50

«...

_

—

1,100
500

*

Corp

8%

1

1

Ward Baking Co warrants
Wasatch

•

109

1

—

—30

t c

Watch Co v

Waltham

—

__June-Dec

Mortgage Bank of Denmark 5s 1972_.
Parana stamped (Plan A) —
Interest reduced to 2%s 2008

33A Mar

Jan

Bonds

Friday's

Low

High

109

"

1

—

23A

200

8'/2

——

IlOO

Bond Inc

Waitt &

2%

2'/a

or

Bid & Asked

1

AMortgage Bank of Chile 6s 1931

Co

Wagner

Sale Price

'

W
Waco

Last

Period

BONDS

American Stock Exchange

Range Since Jan. 1

Shares

I

Par

Week's Range

Friday

Week's

Friday

-

4,584,000

2,005,000

-

$581,000

$476,000

37

38

The

(1822)

Commercia^xind Financial Chronicle... Monday, April 27, 1953

other stock exchanges
RANGE

Boston Stock

Week's

Last

American

Tel

k

Woolen

Anaconda

Copper-

Boston

Albany

8c

Boston

Elevated

Stamped
Boston

6c

Cities

—25

Trust

466
20

49 ft
'

14%

50%

Apr
Apr

'

37%

123

1,609

26%

i-

45%

Feb

Jan

49'ft

Jan

275

25

Apr

10

100

116

7%

7%-

82%

new—10

-

New York Stock
Detroit

53 ft

Feb

30

Jan

-

i

-

Apr

Ford

Apr

$2%
1

Apr

75

22

Apr

1

10%

10%

60

10%

Apr

13%

80

34 ft Mar

44%

Apr

preferred

100

37

37

28

37

Apr

5%

preferred

adjustment

24

*

19 %

24%

55

19%

-106

19 ft

795

Jan

19%

Feb

19

43 ft

44%

130

58.75

58.75

20

68'/,

70%

1,092

III1

35%

36

510

1

11%

11%

140

III1

Capital Corp

General

Electric

•

Gillette Safety Razor Co new

68'/.

21

Apr

58.75

•

Copper

Lone

....

Cement

Star

Maine Central RR

5%

68%

32%

27

27

..100

115

117

*—10

preferred

Mathieson
Mullins

64%

31%

-100

.

Corp
common
—,

Chemical Corpi

Mfg

578

Apr

32%

Apr

60.85 Mar

Jan

73% Mar

*

Baldwin

Big

Eower

12

Eriggs

Feb

Apr

x81

Feb

29%

Jan

34

Apr

100

27

Apr

33%

25

115

Nash-Kelvinator

132

Apr

Jan

39%

40%

233

37%

Feb

41%

25

25

100

24%

Feb

26% Mar

S

England

Electric

New England
York

System

Haven

Stone

Torrington
Union

13%

13 %

112 ft-

50

Jan

—•

90c

6 ft
25%

26'/.

Chrysler Corp
Paper

Inc

12.50

Feb

Feb

66c

Jan

90c

19%

Apr

23% Mar

50

5%

Jan

155

25%

-

Mar

Detroit

Steel

Frankenmuth
Fruehauf

8

-

Cincinnati
Cin

53%

1,984

51%

Apr

58%

Jan

395

36ft

Apr

41

Jan

260

28

Apr

20

12%

Jan

13ft

45%

364

43%

Apr

49% Mar

Machine

Feb

Exchange

23%

Cincinnati

Hall

Lamp

Eagle

Stock

Hoskins

Formica

Ins

Apr

25

20%

Jan

19ft

Jan

17ft-Jan

31% Mar

3%

38%

39%
45%

Feb

25

3ft

Apr

"492

;

•

49

class

B

38 "ft

Apr

205

35ft

American

Airlines

Cyanamid

American Telephone &
Anaconda Mining

55
'

5%
-

61ft

21ft Jan

6

35

137

28 ft

Canadian

Pacific

68'ft

Jan

19% Mar

12

Jan

24

120

23

Mar

49

20

25'ft
49

Jan

13ft

Apr

15 ft

Feb

54 ft

B

153%

Apr

161'ft

Axle

Corp

Wayne

37 ft

Apr

45%

37%

43

Jan

156

16 ft

131

7%

7 %■'

50 ft
28

28

212

51

Apr
15'ft- Feb

.

75
'

;

75

7'ft

18'ft Mar

Apr

8%

Products

57 ft

Jan
Jan
Jan

American

79 ft

Jan

American

&

4ft

3,286

3%

Jan

4% Mar

85'/4

46

82ft

Apr

95 ft Mar

13%

292

Motors

International

13'/a

Apr

15

10

24%

Apr

26% Mar

10

7"ft

Apr

35 ft

35%

165

35 ft

94 ft

165

92 ft

Apr

49%

50%

11

49%

Apr

40 ft

42

5

Harvester

68 ft

Distillers

*

Centra]

•

Edison

8

Pennsylvania RR

i

Pepsi-Cola

-33ftC

50

38% Mar

100'ft
56

Apr
Apr

47'ft

&

American

Co

St

&

San

Co

Viscose
Woolen

Corp

155

66%

825

59%

Apr

69%

Feb

220

29%

38'ft

Jan

17
55

58% Mar

Avco

53'/a

73

Feb

19%

Mar

Jan

Ashland Oil &

Oil

19 ft

Apr

22%

Feb

20%

Apr

2 5'ft

37%

37%

38

116

37%

Apr

39%

Feb

Baldwin

Ref

Apr

Securities

ft

44

23'ft

Jan

14 ft

Baltimore

14%

219

10%

Jan

15

54 ft

54 ft

54'ft

Apr

62ft

Apr
Jan

26

20

25%

Feb

29'ft

Jan

Barker-

55%

56

85

55%

Apr

60%

Feb

38

32%'

14%

15

1/64

1/64

5/64

Brands

Standard Oil

Standard

28 ft

28 ft

28 ft

68%

68

71ft

«

1—25

(N J)

Oil

(Ohio)

10

.

Timken Roller Bearing

•

Carbide

38

Apr

43 ft Mar

Bendix Aviation

32%

Apr

37%

Benguet

14%

3,411
22
.

268

35

42%

43 ft

57

12 ft

57

184

Apr

1/64

Jan

16%

Apr

Feb

5/64

27ft

Jan

29 'ft Mar

Bishop

Apr

78% Jan

Blue

38%

Jan

Boeing

46%

Jan

33% Mar

12%

Apr
Jan

1

13'ft Mar

64%

65 ft

141

64%

Apr

72%

Feb

38 ft

39

245

38

Apr

44 ft

Jan

43 ft

Apr

49% Mar

45

Jan

BONDS

44 ft

100

45%

45%

45%

40

56

56

57

48'ft

Feb

'

Cincinnati transit Co 4fts.

$5,837.50

56

-

•

5%

-

6'/a

Jan

100

-

Feb

Jan

3% Mar
25

Apr
Jan

1%

100

62ft

Jan

Friday

Week's

Mar

8'ft Mar
1%

-

Jan

Oil

(Un)

Stores

"

13%
36

36

a9'ft

14%

746

72%

200

f-

7234

a46a47ft

36%
"1_

'

55

10%

-a28'ft

alO

a3ft

__

(Un)

Jan

245

50

55

Apr ;

328

39%

Feb

42ft

Jan

325

10%

Jan

12% Mar

93

15ft Mar

18% Mar

60

a__

192

"

Byron Jackson Co

10

3'ft Jan

50c
9

25%
3

33ft

"*

3% Apr
29% Mar

Apr

12

1,170

8ft

v

2lo

16ft

Apr

4ft

Feb

16Vz

Feb

11% Mar

Feb

10'ft

Jan

8%

Jan

16'ft

Mar
Mar

6

6'ft
a59

145

1%

1%

1,600

1% Mar

1%

52

53%

665

50% Apr

57V4

12%'

J

12%

550

11% Mar

__
^

•

—

J_
s
•

-

-a_
—

10%

8%

8ft

a39ft a41»ft
4'ft

1,375

"

-

5'ft Apr
60

321

8

42

Jan

3% Jan

al3% al4ft

70

13'ft Feb

a56'ft a56'ft

15
250

55'ft Feb
"a—

4,

2,387

15'ft

224

734

7%

9%

—

10%

9%

550

al2ft al2%

—

^

10'8
15

_i

250

13

100

21'ft

21'ft

21'ft

67

200

9%

Feb

Jan,

Jan

i

^ ;i37ft Mar

^

Jan

125
2,956

a7834 a80'ft

7% Mar

Jan

43»

Apr

15

17

•'

a57ft

__

•

10

\

10ft

-

„

,

10

^

Apr
7% Apr

170

"

a__

30ft

230

a3ft

Mar

'

..a57'/8

*

a__

Feb

775

1

—

Jan
Jan

72% Apr

a__

3,725

1
fa39%
lJ
4'ft

Company (Un)
L_
Budget Finance Plan common

43ft

160'ft

25%

26

5

Apr
Apr

65% Jan

44%

438

2

Eudd

37

154ft

,

Feb

Apr

3'ft

15

15'ft

Apr

25%

2

v—

Apr
10'ft Mar

36%

3'ft
12

36

Apr

21%

25%

ft.

Jan

150

alO alOft

73i

Jan

10'ft Mar

175

55

7%

Jan

15'ft

865

38ft

a38ft a39%

—

58

14'ft

.

510

a20'/a a20%

Apr

5ft Mar

74'ft

Apr
13'ft Apr
32% Feb

23

14'/ft

Feb

3%

52%

360

a28V4a29%

^

(Un)

4ft

High

Feb

70% Feb

360

13%

a9'ft

___

low

3

85

a51%a53ft

"1_

•

Borden Company (Un)
Borg-Warner Corp (Un)
Broadway-Hale Stores

Mills

a70 a703ft

20
500

a90% a92'ft

(Un)..rT

Corporation

Inc

4%

"

al5% al6ft

50c

Corp
Airplane (Un)

Bond

a3'ft

4%

Range Since Jan. 1

High

a3'ft
__

Shares

248

20c

Oil

for Week

10%

10

Co——

Chlca

Low

Sales

,

Range
of Prices

1001

Diamond

Burlington

Apr

1%

1|

For footnotes'see page 47.




22

1,983

lcf

(Un)

60c convertible preferred

-1998

6%

1%

50f

33ftc

Mining
Betljlehem Steel Corp

68

42%

6%

154ft 154%

___w_13>

(Un)

Cons

Bolsa

43 ft

-10

351

a36'fta37%

1

Apr

38 ft

Wool worth

(Un)

common.

15

65 ft

U S Steel

Westinghouse

22 ft

.154ft

p

(Un%

Oil Co

Bros

36

12%

I—Is

Edison

Bankline

& Ohio RR

128

34 ft

42%

15% Mar

Jan

Apr

10

(Un)

Basin Oil Co—

38

,

l%Mar
3% Mar

3% Jan

1>

—

Bandini Petroleum Co

120

32%

-

Feb

9

5%

__

5 i;

(Un)

14%

14%

Mar

Jan

13%

50 >■ a90%

(Un)

Baldwin-Lima-Hamilton

32%

7

22'ft

Jan

100

lot a38'/a

Jan

ft

19% Mar

Jan

/ "*7_
,a36'ft

—10*
:

Refining (Un)
Manufacturing Corp

50

20

-

1ft

450

_* / a20'/8

(Un)

Atchison Topeka & S F

160

38

Rights

25

(Un)

Armco Steel Corp (Un)
& Co
(HI) (Un)

l»ft

20

.

*

Feb

2ft

1,225

\

•
100

(Un)—1

Armour

21%

20

•

8%

5%

f

(Un)^

Atlantic

17

92

ft

4

620

3%

p

12ft

(Un)

Anderson-Prichard

30 ft

47

Jan

44% Mar

1,464

5%

■*

25

Anaconda Copper Mining Co

61%

5

Co

15%

Mar

3,600

3%

:' a5l%

(Un)

(Un)

American

69%

15

Vacuum;

Apr

14%

(Un)—*__*

Co

Tobacco

26 ft

Sinclair
Southern

-—!

(Un)

Foreign Power

American

19 ft

55%

1%

3%

1

(Un)

Feb

20%

Corp
Roebuck

Jan

20%

7

Jan

5ft

Jan

4

6%

Jan

16%

1

Apr

3ft

250-

9

3%

•

Inc

American Tel & Tel

21%

20

1ft
9

*

'

'

Apr

39ft

235

r

(Un)

Smelting & Refining

American

59%

Apr
Apr

3%

Jan

5

600

20%

t

(Un)_—

Jan
Jan

Par
10

54 ft

Oil

3%

620

6%

^1

Dye

Airlines

Amer Radiator

55

*

—

40 ft

Jan

Chemical

17

•

National Cash Register

99

Jan

Allied

29%

60

•

International Tel & Tel

9'ft

Apr

92 ft

5

•

3% Mar

1,-121

6%

.Last

(Un)

Can

American

4ft

7

40 ft

40

18'ft

—

I*
i

Allis-Chalmers

41ft

5

5% Mar

Angeles Stock Exchange

Gold

Alleghany Corp

33%

-

1.00 Mar

22%

1

:

ft

Alaska" Juneau

Apr

13 ft

7%

Electric

Feb

82 ft

24%

5

599

6ft

Sale Price

28

-

Feb

Apr

Feb

14%

STOCKS

49%
-

1

Apr

4%

fcl

Feb

39

7%

Stores

Jan

1,463

3%

__l

;

Screw

Jan

122

15%

24%

Department

3

2%
94c

Apr

1.3%

1

common

Jan

38

1

Union

class

Jan

47 ft

199

38 ft

Cu'rtiss-Wright

-

Jan

27 ft Mar

Feb

48'/a

15

154ft 155%

5

Auto-Lite

Feb

4'ft

200

5'/.

-

1

Feb

51

.

CoJ 8c S Ohio Elec

Pont

1%
35%

13 ft Mar

Apr-

Dayton Power & Light

3%

18%

r.9

I,

Vinco

Apr '

18

15%

4ft

«!•*.'

->

Jan

61'A

■37 ft

13 ft

3%

.-

5

38 ft

•

w

10

Tube

Los

10

Apr
Jan

3%

100

20%

1

Timken-Detroit

633

13 ft

Jan

5% Mar

1%

222

3%

'

2

(

Mar

48

49

Jan

12

24%

-1,002

4'ft-

3ft

—

1

Jan

55

13 ft

16%

Apr

34% Mar
"

190

-

Jan

8% Mar

7ft Apr
3% Jan

400

".'I

18%

,

5

—

Manufacturing

23

77

Toledo

Rudy

Jan

36 ft

Standard

(H W) 8c Co
River Raisin Paper.

Feb

21

173

Socony

Rickel

Feb

Superior Tool & Die

75

48%

12.50

14'ft

251

94c

39ft

v

1

Standard

267

Radio

ft

Scotten-Dillon

78 ft

Co

'

1

30'ft Mar

37

Sears

Co_

'

..

i 3ft

£

*

—

37

18ft,
-

16%

7%. Mar

2,000

,

3%

.

5

-

\

42 ft Mar

77

Transit

Jan

5

K

p,

14%

36 ft

Service

15ft

3%

f/

1

-

Jan

77 ft

Pure

Products

Apr

36 ft

Cincinnati

320

4'ft

♦

Metal

Apr

25

Ohio

Davis

12'A

25

Columbia Gas

2% Mar
4% Mar

Mar

49

25

Feb
Jan

'

• i

36%

Chrysler Corp

Y

Peninsular

24

*

2'ft

2%

94c

X—

Apr

4%

3%

2%

.

.

i.„l

28 ft

1

Steel

t

25

Chesapeake & Ohio

National

Parke

Jan

23% Mar
-

Apr

Apr
Apr

General

Jan

43%

13

13

3

Bethlehem

1

400-

25

3%

fj >/4

.

53 ft

Mar

49 ft

490

10

Oil

Avco

General

'

25

■

1ft

215

>

63ft

18 ft

__50

Armco Steel

8%

'

(Fred B)

22

154%

Jan

400

34%

*

Welding

Brewing

22

Telegraph—-100

Feb

8

240

*.—.1

com

Car

Pfeiffer

10

l

69 ft

Apr

4% Mar

1,071

1%

4

Electric
Motor

Prophet

1
—

Jan

8

Apr
Feb

8%

34%

preferred

Packard

Stocks—

American

Federal

6ft

National

15

22

♦

common

5

60

3%

4%

1

Michigan Sugar common
Mount Clemens Metal Prod

50 ft Mar

13

61%

7% Mar

14 ft

1

—

Products;

77 ft Mar

39%

50

Electric

Screw

Jan

50

28 ft

*

Pref

Du

Masco

Jan

37%

5

Rapid

Feb

7ft

3%

Jan

38%

*

Jan

6%

4ft

Wines

73%

*
:

Apr

3'ft

27 ft Mar

-7ft
■

14

36

ft

14'ft

'

8%

—10

r„

178

•

.

3%

Jan

4ft

200

13

Procter & Gamble

Jan

423

-4%

8%

-12 ft

1

14 ft

21%

36

49 ft

4%'

15%" 15%

"

-8%

Car

77

21%

•
*

Lunkenheimer

Cities

Jan

29%

14 ft

-

Ashland

-23%

30
100
300

76

common

Unlisted

250

152

44%

10

Ptg

High

18

14 ft

-

Kroger

S

*

1

29%

76 ft

Art

Randall

Motor

LaSalle

17%

44%

10

Hobart
Kahn

15%

Motors

Reo Motors _c

Picher

Gibson

Range Since Jan.
Low

24

-

Manufacturing
Electric

Drug
Kresge Co (S S)

24% Apr
22
Apr
19ft Mar

♦

Yard.

3

24%

300
5

—

Kinsel

Shares

22

—50

Tel

Union

Apr

300

—

King-Seeley

Sale,

29%
-

16 ft Mar

-

3

'

for Week

3ft
39%

Feb

6ft Mar

300

Kaiser-Frazer

High

10

—

Corp

Ironrite Inc

22

29%

6% Mar

31% Mar

13%

*

Gas 8c Electric commoQ-ftft

Milling

Cirt

•

25% Mar

Apr

6,975

Goebel Brewing
Great Lakes Oil 6c Chemical-

28%

37 ft
28%

.

24%-' 24%-

-

Champion Paper
Churngold Corp —_:

Jan

Jan

14 ft

-

2,841,, f

Gerity-Michigan

of Prices

-

5%
5,

Manufacturing

General

Low

—

Jan

24 ft

>

Motors

Jan

Range

—*

Feb
Mar

535

Industries

Jan

Week'*

20

-

>1

'

180

Apr

Last

Laundry

Brewing

27

38'ft

i

Jan

94 ft

Jan

Apr

600

__

31%

Sale Price

American

Brewing

14%

Friday

Burger

Apr

23%

120

Trailer

Wood

Hudson

Par

77

2% Feb"
17ft

35 ft

200

.

Apr

Cincinnati Stock

Baldwin

Corp

Economy Baler

Howell

STOCKS

Apr

Gar

43%

44

Apr

16'ft

Apr

6ft

13%

*

Jan

Mar,.

j

Feb

33%

28%

5
;

:

115'A

Apr
Apr

51%

Westinghouse Electric Corp-

14%

Jan

2ft

690

200

—

13%

36'ft

42

Feb

32ft

Jan

9,350

—

Stove

27%

36 ft

Apr

260

Edison

556

52%

Waldorf System

Detroit

650

25

United Shoe Machinery common
U S Rubber Co

Bros

28 ft

•

30

37'ft

275

13 ft

5

Co„

7'ft

1,569

27%

Drill

6'ft Mar

555

Consolidated

12%

27%

Twist

Apr

900
--

Gemmer

United Fruit

Apr

13%

150

Consumers Power common

Detroit-Mich

255

v.

Apr

Jan

250

Brown-McLaren Mfg
Burroughs Adding Machine

Feb

Apr

21%

10,350

6'ft

3%

7

"3ft

13

'

100

—.

Bearing
Manufacturing

Feb

Apr

111

32

20%

Jan

285

i_

Roller

19c

Jan

13%

420

84c

2'ft

'

Markets

-25%

21% Mar
11c

1,705

21%

19%

20 '/a

•

Co

40
400
'

113

21%

———2.50

—

23

112

RR—100

2.50

Inc
Webster Inc

8c

11c
14

100

& Hart

North Butte
Mining
Pennsylvania RR
;

Rexall Drug

11c

20

Tel & Tel

New

22%

1

—

High

Jan

706

—

3%

Feb

-

85

1

National Service Cos

New

Low

Rubber

Bear

Rang* Since J*n. 1

High
350

Brewing

37 % Mar

9% Jan

5

Corp

Altes

.

Shares

Electric

Davidson

New

for Week

,

,ef Prices

Low

Jan

46

Apr

66

64%

*.

Sales

Range
•

25% Apr

42% Mar

*

Hathaway Bakeries
Kennecott

Last f
Hale Price

i.

:

Stores

General

Week's

Friday
STOCKS

Allen

First National

-

-

Detroit Stock Exchange

Jan

44%

Eastern S3 Lines lac

~

Apr

44

100

2-5525

*":

Ry—

class

WOodward

24% Mar

180

com

Street

'

DETROIT

-

.

Telephone:

95% Jan

150

22%

6%

N

Building!

9% Mar

1st pfd series A—

Massachusetts

Exchange

Midwest Stock Exchange

Jan

120

i" ; American Stock

-

if

Apr

6%

Eastern

U

Exchang^

Stock Exchange

Jan

15

'

Jan

7%

144'"

1

22%

*

100-

85 ft

1

25

Eastern Gas k Fuel Assoc

65

26%

115

10

Co

Copper Range Co

14%.

26

5

.

Jan

129

Apr

13'ft

_

Members

Jan

Apr

20
•

161ft

"

-

14%

—100

RR

Hecla

Mining

38'ft

50

100
——•

—.

Service

Cliff

79

37 V.

153%

High

Ry—

Providence

Calumet &

3,012

126'/. 126%

100

$50

paid
Personal Prop

Boston

Low

20%

Watlingi Lerchen & Co.

Range Since Jan. 1

High

20

60

——

Shares

154'ft 156%
20

Edison

Boston

Low

—

RR

Sales

of Prices

.100

Tel

American

APRIL 24

ENDED

for Week

Range

Sale Price

Par

WEEK

Exchange

Friday
STOCKS

FOR

9

47%

„

'!

5
14

55'ft

Jan

-

Feb

.

Mar"
Jan

Feb

:

a__

Jan

10ft

16'ft Mar

7'ft

Apr
Feb

8'ft

Feb

9%

Apr

10%

Feb

Apr
Feb

16%

Jan

15

Apr.

23% Mar

'
.

1

.

Number 5215

Volume 177

The Commercial and Financial Chronicle

...

(1823)

39

OTHER STOCK EXCHANGES
RANGE FOR

STOCKS

Rsnjtge

Sale Price

California

Packing

Canadian

Canadian

Pacific

Case

(J

Co

I)

Celanese

Oil

Ry

Co

(Un)

Corp

Chesapeake & Ohio R.v Co (Un)

Pacific

Clay

6% Mar

Pacific

Finance
Gas

5%

Jan

405

26%

Apr

33

Jan

Pacific

60

20%

Apr

22%

Feb

5%

26%

50G

t 25%

Apr

38 Va

J$n

_.§&%

25

4%

Apr

5 Va Mar

14% aM'/a

70

14%

Jan

15% Mar

*$a37

70

36%

Apr

19%

a 19%

10

17% a*7%

60

25%

a4%

1

-

Feb

26%

Apr

450

•

Products

25%

70

'-'5%

1

Certain-teed

a

25

40%

(Un)

Milw

Chicago

St

&

1

Paul

Preferred

common

a

100

:

Chrysler Corp
(Un)

10

Clary Multiplier
Molybdenum

Climax

Foods

Colorado

Fuel

Columbia

Gas

(Un)

System

Commonwealth

Edlsojn

Consolidated
Consumers

Mines

Dome

Apr

25% Mar

Pfizer

16

1,000

Industries

duPont

(E I)
Air

Eastern

El

Radio

Emerson

Railroad

Erie

Exeter

Oil

Phono

&

;

Fedders-Quigan
Florida

Power

&

Light

(Robert)
Electric

General

Foods

General

Co

Mar

.1Q 7/o
^9%

527

19%

15%

"i5%

170

15

91%

672

g 95

Motors

34%

W/s

aii%

iii2

19%

-19%

4.55

21,539

350

—

7

24%

Jan

97% Mar

Apr

General

Utilities

Public

Co

Glidden

Goodrich

Oil

Lakes

Northern

19

a

1

a 25%

Greyhound Corp
Gulf

Mobile & Ohio

Gulf

Oil

Corp

Hancock
Hilton

Oil

Rheem

Hotels

Holly

class

Rice

Oil

Ranch

Richfield

Oil

Corp

Jan

Apr

Oil

-

340

Jan

'/| Jan

20

352.%

Corp

Hunt

Foods

Hupp

"

——

Inc

6.66%

Corporation

-

17%. Mar

Incorporated

Francisco

Roebuck

Sears

&

Jan

10%

Jan

Shell

Feb

Signal Oil & Gas class A

International

Nickel

Apr

39%

Mar

•

Mar

20

Apr

26%

Jan

35

Jan

34% Mar

'

a__

52%

Apr
39% Mai-

"*

35% Mar
*

a__

Jan

2%

Intl

(Un)_

Paper Co

International Tel & Tel Corp
Intex Oil Co

Jade

preferred
preferred

&

Jones

Laughlin

Steel

Railway

12%

Jan

13% Mar

21

Apr

26%

32%

Apr

35% Mar

70
137

a__

a__

Aluminum

Kaiser

Preferred

&

Chemical

Feb

—

15%

Jan

1.25

Jan

28% Mar
18%

Apr

1.75

Jan

51 % Mar

Apr

16% Mar
4% Feb

19%

Jan

83%

Mar

83% Mar

1.10

57
100

52

Apr

Kaiser-Frazer

Kennecott Copper
Kern

(Un)
Land Co

County

_•

2.50

Jan

30

%ft49%

Jan

55

Jan

17%

833

17

Apr

19%

Jan

300

10%

Jan

12%

Jan

20c

Jan

44c

Mar

21%

Apr

1,300
340

33

Apr

Jan

a—

^6%

140

a46% $46%

Standard

4% :-*r4%

a65,y a68
45%:?50%

•

23%

Jan

Apr
46% Feb
3%
-

Jan

29

Jan

48% Feb
5% Mar

71

Apr

80%

Feb

45%

763

2,357

Apr

59%

Jan

■

V3-

Laclede

Gas

Lane-Wells

Lion

(Un)

Co

Lockheed Aircraft Corp
Loew's Inc (Un)

(P)

Rights

85(TS?-90c

3,210

35% <35%

"20%

1

19%

20%

&

Inc

160

35%

Apr

38

421

19%

Apr

26% Mar

11%

Jan

14% Mar

25% Jan

28% Mar

60
385

Mar

1,453

Apr

Apr

50

19%

Apr

21% Mar

1

1.45-1.45

300

1.45

Apr

a35 %

18

1

Co

3%

"$3o Va

50

3%

690

20,150

3%

,

1

1.15

1.10V£.30

16%c

(Un)„

al9%

al9%K'if20

Util

Minnesota Power

Feb

li£Ul
r*3'

Petroleum

Co

South

1.00

al8%lft8%

(Un)

Manufacturing

Merchants

Apr

Jan

Ji

——-

Robbins

&

Jan

10%

80c

8%

—1

(Un)

Co

23

Jan

13343 V4

a

%

rights——
<fc Light (Un)

_*

Vs

97,64
a37% $3$%

500

12

Jan

16% Mar

a—-

2%
70c

—

Jan
Feb

1.70

Feb

Utilities

Montana-Dakota

35%

36

801

32%

Jan,

30%

30%

345

28 %

Apr

64

19%

Jan

1,250

2%

25

2%

2%

Montgomery Ward
Motorola
Mt

Inc

Diablo

& Co Inc

(Un)

(Un),

1.30

-1

Co

a34%
2.40

22 Va Mar

2%

50

a—

—

5

(Un)

National City Lines
National

-

Prod

Distillers

Corp

(Un)

National Gypsum Co_

National

Supply Co

National

Theatres

New

York

Nordon

Norris

Central

(Un)

23%

2,777

56%

57%

$25-%
64%P64%
a34% $36%

62

22%

Feb

28

•

(Un).

280

60 Va Mar

65

221

56% Apr

60% Feb?

110

11% Apr
6% Feb

14% Mar;

100

36% Apr

a66

45

70

Feb

72

80%

84%

935

80%

Apr

90

Jan

37%

39%

568

37"%

Apr

42

Mar

33%

33 V»

419"

33 ■%

Apr

36 Va Mar

.37%

2.40

4,600

70

18%

Jan

20% Mar

3,205

34%

Apr

39 Va Mar

529

23 *

Mar

30%

30%

316

30%

.

__

2

14%

Oil

Apr

2.70

Jan

(Ohio)

Oil

Co

44

Northrop

Gulf

Textron

Occidental
Oceanic

Ohio

Petroleum

(Un)

10

(Un)

•

Oil

Edison

common

25

footnotes

see na<w»




47

„

Feb

16%

Feb

1k Apr
49% Mar

-

85% Mar

85%

365

78

Jan

305

27%

Jan

29% Mar

2,615

51%

Apr

59 y2

70%

Jan

a__

775

(Un)___

Transamerica

—

251

34% Apr

200

25%

Apr

27% Jan

836

35%

43

18%

19%

1,320

18%

a36 % a37%

193

35%

Jan

38% Mar

a33% a34%

a36%

140

33% Apr

37% Jan

Union

Oil

(Un)

Lines

(Un)

Aircraft

(Un)

United Gas Corp
S

Steel

States

—j

52%

Apr

56

208

94%

Feb

102

Feb

90

10%

Feb

12

Mar

2,180

22 Va

Jan

27

Mar

23%

22%

22

17%

242

26

27%

1,318

15%

15%

16%

Apr

19% Mar

Apr

29% Mar

273

15%

Apr

17% Jan

16%

565

13%

Jan

19% MarvT

a64% a66%

211

72

Jan

72

38%

39%

2,598

38

Jan

108

108

235

108

Apr

27%

16%
a64%
38%

Jan

43% Mar
113

Mar

160

27%

Apr

31% Mar

250

37

Feb

39% Mar

a27% a27%

126

27% Jan

29% Mar

a28 % a28%

195

28

Apr

31

Mar

38%

39 %

856

38%

Apr

44

Jan

47

47%

41

Jan

47% Apr

15% Apr

47

new—„_5

27%

a31% a33%

a31%

10

al5%

Consolidated Oil

24% Feb

17%

38%

Corp

Apr

Apr

26

26%

10
.5
•

——

22

100

22

17%

—50
10
5

(Un)

Rubber Co

United

402

22(4

•
25

common

(Un)

Pacific RR

United Air
United

U

Calif

of

Co

53

10% alO%

52%
a

1
1

(Un)

21% Mar

a90% a93%

52%
a90%i

2

Carbon

Union Carbide <k

Feb

Apr
Apr

5

Corp (Un)
Century-Fox Film

Twentieth

Feb

38

34%

5

Tri-Continental

75% Jan

34%

34%

10

Corp

Apr

34%

25

(Un)

70

a25% a26 %

a25%

.50c

Airlines

Warner

Pictures

Bros

Washington
Western

Air

(Un)

,

1,010

1

Lines

Western Union

Telegraph

Youngstown
Zenith

Gold

Apr

11 Va

Feb

'

—

12 y4 Mar

29% Mar

42

42

156

41% Jan

42% Mar

44%

45%

372

44%

49'/2 Mar

15%

15%

250

12% Feb

,15%

a45 % a45%

178

44% Jan

46%

a42 a42%

70

42% Feb

10c

2,000

a69% a70%

47

15%

(Un)__—*

10c

-—10c

(Un)__.

Corp

27%

105

12%
-1
10

Sheet & Tube
Mining Co__

Radio

15% Mar

219

27%

10

(Un)

Westinghouse Elec (Un)
Willys-Overland (Un)——
Woolworth (F W) (Un)

Zenda

150

27%

al0% al0%

al5% al67/s

-.1

Water Power

—*

Midwest Stock
Friday

10c

Apr

Jan

Apr

44%

Feb

13c

Jan

a—

—

Exchange

Sale Price

18%

Laboratories common
Co—

Steel
(J

—

Mfg Co—,

D)

15 V2 Mar

Admiral

Jan

Advanced

Jan

Aetna Ball & Roller

117

28

30'/a Mar

Apr

830

4 Va

Jan

7%

1,204

20%

Apr

25%

2,600

13c

Jan

20c

Apr
Jan
Mar

2.20.t"2.25

500

16 %y 161/2

717

16y4 Jan

20% Mar

175

69%

83%

al3%'al3%

190

13% "Jan

21c> 21c

1,200

3%

7,080

38

295

2.00 Mar

Apr

2.70

J$n

Jan

18 % Mar

21c

Apr

3

Jan

3%

Feb

38"

Apr

38%

Jan

26c

Mar

Akron

Corp

—-—

Castings
Bearing

Aluminum

Brass

Mfg

Alleghany Corp

—

(Un)

Allied Laboratories
Allis Chalmers

Mfg

(Un)—
American investment Co (111)
American Machine & Foundry
American Rad & Stand San (Un)
American Tel & Tel Co
Amurex Oil Development Co cl A
Anaconda Copper Mining (Un)

American

Airlines

for Week

5

10
*
1
5

16%
—

26%

26%

100

8%
7%
4%

300
800
100

4%

—

8
7%
4%

1

,—

4%

•
1
1
•
♦
100
5
50

Low

200
200
500

42%-.
23%
17%

—

—

23%
52
127/8

.

—

—

14%
154%
14%
37

•

Range Since Jan. 1

High

42
23%
16%

42

5
50c

•

Shares

of Prices

Low

Par
Abbott

transaction* only.
Sales

Week's

Range

STOCKS

22%

-

42%

169

'

•

—1

Oil

Assoc

World

22%

38*

(Un).

745

•<

28%

70

(Un)_—1

Timkin-Detroit Axle

Apr

3 V\

Co

Co

45%

a70% a72%

a70%

1
1

(Un)

common

21% Mar

.

a65%*$70%

1

51,255

Apr

13y« Jan

Apr
Apr

a1*

84

15

(Un)

Sulphur

Inc

Tidewater

14% Mar

10

16 %

-1

Aircraft

10%

14%

51% ; 53%

25

(Un)___.—

249

a65%

2.25

Feb
Mar

28%

•;—

Sylvania Electric Prod (Un)___

Adams

1

1

340

515

*

32

•

(Un)

Oil Corporation

Sunray
Swift &

24% Mar

Apr

;—100

Co

North Amer Aviation Inc (Un)
Northern Pacific RR (Un).

11
15

10%

14%

(Un)

J)

(N

237

•

15c,f>-16c

1

Corp

26 »/♦

33

Apr

iV

—

>

—5
—

Studebaker Corporation

Acme

21%

453

22%

.

...

-Mar

23%

42% Jan

7k

7% Mar

a63%

a63%

Mar

295

20%^21%

Jan

36 Va

Inc

21 Vt

21%

J&n

Mar(

6%

6 %

(Un)__

Co

y4 Mar

a27;

*

al7 al7%

(Un)

18%

a27

-2%
25

all% al2%

all%

40% Mar

al4% ai

1

Inc

RR

-1
*
—1
10

22%

27%
„

23%

a—

Ms"
Nash-Kelvinator

Jan

23%

23 %

34%

9/64 Apr

Apr

^."45

Feb

'

2'%

_L

•.

22ya Mar

7/64 Apr

37%

2.40

Feb

2%

22%

Jan

.312 Mar

Apr

110

3,368

a24 %

•
3

26%

Apr

33 V2

Feb.,.

400

a24% a24%

36

,22% Apr"

4% Mar

97

5

(Un)

%

a—

a3&%

10

Mississippi River Fuel

.

a21% a22%

a21%

A compilation of the round-lot
a37%

+

a..

Apr

2G%£26%

•

10

(Un)

Co

Co

Oil

Menasco

Merck

90c

—

McKesson

Middle

22

360

•

Magnavox
Mascot

a—

50

9%' .13%

•

Oil Co (Un)

Lorillard

50

a21% $22%

9%

a9T*- a9

14

23%

—

Webster Inc

Universal

7

4

_

1

Petroleum

Lincoln

'

10c

(Un)

Co

Co

Libby McNeill & Libby

Oil

Standard

Union

25%

40
125

a65
46%

14

34%

Co of Calif
Standard Oil Co (Ind) (Un)

Trans

S*

1

Corp

1.35

55

26%

63 %

1

Oil

Texas Company

157

10% "10%

50

Apr

5% Mar

a__

com__l

—

56

•

Brands

Standard

Stone <fc

23%

5,522

60

22

457

Feb

154

10

(Un)

Jan

57

25
25

t-*—

Rights

Standard

780

35c
%:?22 %

Jan

56

15

Petroleum

Calif

Southern

Southern

Feb

30:30%

35c£

1.50

1,700

v'

2% Mar
58

a38%^40'/2

_10c

Oil Co

\(Un)

*

Edison

2% Mar

Jan

Apr

3,620

17

Apr

95c

__5
•

Pacific

Apr

1.15 :Z 1.20

(Un)—•
33 %c

Jan

90c

92 %c

92 %c

Co Ltd com__25

Co

Southern Company

2%

502

a 49

28 Va

'

ftlar

58

'

a.39%
a49%
17%

Apr

20c

Oil Co Inc

Calif

4.48%

27%

—

Aircraft

4.32%

Feb

52%

a77

*
7.50

27

^-—15

Socony-Vacuum

69%

2,900
50

•

(Un)

Apr

65

1
-1

Inc

Co

54% Mar

4%-|4%

Harvester

International

Apr

a26% a27%

"

Oil

52% Feb

10c

Intercoast Petroleum

6%
45%

•

Company

33%

175

a77

Feb
Jan

—1

Apr

59%

;&8%

t

5%
41%

1
1.40
50c

;

Jan

Southern

100

„

660
298

*

(Un)

Inc

Texas

(Un)

Mar

27

6%

5

Serve!

Solar

—1

Illinois. Central RR

Apr
52% Mar

.

a46% a46%

5

Ry_.

(Un)

Servomechanisms

585

17% $47%

Jan

4

1

lOV&Feb

"

72% Mai-

1.25*4.30

a

Feb

3% Jan

Jan

32% Feb?

.f 53

a48% x48'/2

a

Apr

Apr

50

$734
26'§6%

Jan

•

Seaboard' Finance Co_

Feb

#13

18

6%

1

Sapph(r0 Petroleum Ltd
Scheniey Industries (Un)
Scurry ^Oils Ltd„__

68%

13

1.30

23%

Co

Stores

Safeway

26%

21-J

5
1

.r—_

Development

Honolulu

1

Corporation

1.70

45-

a47%

25%

1

22%

196'-

1

A

4%

10

Mfg Co

Apr

500

25

(Un)
Co

Apr

Feb

Jan

3-#%

*

(Un)

3%

20

19%

1

RR

Mar

700

1,520

62 %c

95

21
a31% a3i%

60

3%

25%

13

a52%

•

(Un)

57% Feb

3%

23

Jan

141

2%..

30

a55 a55%

Jan

6%

13%

3

(Un)

(Un)

Aircraft

Grumann

1

Mar

__

,

2.50

Co

Tobacco

Paper

60

a2 %«"

*

43

•

Inc

Drug

San

445

53%

69 Va Mar

Apr

Jan

Louis

61"S%

a6|

35%

Jan

40%

46%

Regis

52

a66

Feb

60 %

90

1,495

St

1,359

a33%i3j

31%

299

48

594

31

60

a59% a62 %
a40% a40%

48

(Un)

St

r$54

37%

a31% a31%

a60%
a40%

25% Mar

128

a25% aS'

42% "Feb

21 Va

Jan

*

5

30 y.T Jan

Apr

90

Jan

50

$27

Jan

34%

150

Apr

14

69 %

28%

445

3%

160

*sal9

80

34%

34%

3%

(Un)_.

Sinclair Oil Corp.,

69 %

Chem—

Apr

a27% a27%

a22% a22%

11%

a37% aTP/a

(Un)

&

15%

1
50c

36%

8 %

—_—*

RR pfd

Jan

19%

Southern

Great

11

18% Mar

46%

38%

Goodyear Tire & Rubber common-.—•

Great

560

85

Apr

33%

20

Graham-Paige Corp

14%

17%

Feb

50

a33%

Jan

14%

al6%

Feb

652

*

23%

50c

10%

8%\i'8%

(Un) —
(Uni

Apr

14% Mar

34%

a36% *36V8

(B F)

Jan

20

29

44

1
(Un)—10

a25%

69%

183

Feb

455

0

5

195

20

Apr

604

Jan

(Un)

69

20

Jan

Apr

General Telephone

69

12%

27

9%

common

11% Mar
30 y« Mar

25%

312

j350

a52%

Corp

Jan

Jan

26% Jan
67% Mar

150

26% Mar

15%

—

Jan

16%

Apr
Apr

91%

100

1.35

1.40

(Un)

6%

710

Ryan Aeronautical

46%

a25%

90

130

Feb

47% Mar

13%

Reserve Oil & Gas Co

Jan

4

10%

2
•

Apr

9%

118%

Feb

5

25%

Apr

63

27

1

Apr

23

1,100

13%

Reynolds

a—

56

(Un)

115%

367

25%

Rexall

60

44

28,535

750

Corp

General

6

38

5%

*

Feb

70

9%->i 10

(Un)

Co

uarrett

13% Mar

5

64%

Apr

8

•J
Gair

Feb

Raytheon

Steel

11% Mar

al5% 815%

(Un).

Flying Tiger Lines
Food Machinery & Chemical

11%

Radio

Republic

Feb

37% Mar

Apr

a ■!> aiA
6 k 6%

34%

-

259

__

1

Jan

37

46%

"

11%

-

a26% a27%

♦

(Un)

24%

59%

265

$21%

(Un)

24% Jan

465

8

20%

Co

Pictures

60

ai4%

1

61% Mar

"

Republic

59%

a23%

1

(Un)

Corp

Feb

__

•

Feb

9%

100

Stores

27

57

al0% al0%

__

a26%,

•

(Un)

Feb

90

*

Bank

Farmers & Merch

Jan

26% Mar

382

Jan
Mar

22%

Apr
36% Feb

45

—1

*

40%

18%

19%

all'/a

Feb

15

Feb

58%

5

3

Incorporated

9 %

i,|al0

a

91 Va

28

all5% all5%

1

Apr

64

a61% $62%

—

Jan

12.50

Corp of America (Un)
Manufacturing
Remington Rand Inc (Un)
Republic Aviation (Un)

675

6(4

5

(Un)

Co

Fitzsimmons

(Un)*

Jan
Mar

18%

;

4

(Un)

Pictures

16

3

Co

Oil

RKO

16-

1

Products

Pure

15%

20

a24% 424%

.5

(Un)

Feb

Mar

16% al6%

a

Dodge Corp
Philco Corp (Un)

14c

11% Apr

8 *'r-

.

27%

33VsC

(Un)

Phelps

Pullman

33

59Va

10c

50

38

50

Phillips Petroleum

182

10

Lines

Natural Gas

Paso

—

(Un)

de Nemours

Kodak

Eastman

Electrical

—

a28

5

1

(Un)
(Chas) & Co (Uni

Jan

810

50c
—

39% Mar

58%

__

2.50

Co

15c

a9%

*

Apr

11%

*

36% Mar

11%TI2%
18%

1

(Un)

Co

34% Jan

a35% &36 %

—*

Jan

a38% #89Va

r_

1
_1

C)

Pepsi-Cola

15c S 15c

__

36 %

a26% a26%

•

Pictures

(J

25%

a34% $34%

\

29%

1,258

4

Pennsylvania Railroad (Un)

100

Apr

15

a38>/2

Mar

Apr

37%

41% Mar

Jan

20% Mar

.—5

(Un)—

(Un)

(Allen B)

7%

Penney

Feb

Apr

1

Douglas Aircraft
Douglas Oil Co of Calif
DuMont

94 % Mar

37%

Apr

*

—

Dresser

85% Apr

141

1
.

(old)

Ltd

198

8,255

13%

•

(Un)

(Un)

Paramount

18

50c

(Un)

Zellerbach

A

Y

(Un)

Vultee

Power

Pan American World

Feb

280

1.33 Va

Curtiss-Wrlght Corp
Class

N

...

Continental Motors
Crown

of

Engineering

Grocers

Apr

93%

220

(Un)

Consol

42%

fl3 %

Consolidated

Edison

Apr

>;7%

Sil—__1

Consolidated

30

37%

__

100

common

(Un)

Apr

5

Jan

a28

•

common

Oil
Car

77

18

a34Vs

Tel

42%

13%

25

(Un)

&

Motor

560

$5%
318%

Consolidated Chollar Gould &

Western

Packard

•

Iron

&

Mar

21
27

1

987

7

25%

___1

"

Tel

20 % Mar

39 (4 ff*0%

7V2
a

20

am

190
220

37%

25

Pacific Petroleums

Low

30

30

25

preferred
Lighting Corp common

Pacific

a__

*

(Un)

Inc

a39!4

4.80%

Range Since Jaa. 1

High

a27% a28'/a

_L
a27%

25

common
—

Pacific

a80% $85%

a82 >/8

1
*

(Un)

Elec

&

preferred

Pacific

Low

10

42%

-

77

.

Shares

L_r_—10

Products

ft 77

42%

25

Cities Service

Clinton

a

*

—_

for Week

Feb

.a

Chicago Corp

Sales

Range
of Prices

Par

High

a36%

26%

12y2

Cenco Corp

Lou)

26% MV*
al9% al&%

5'/a

,_25

(Un)

Range Since Jan. 1

.High

a26'/« a2o%

2

Week'i

Last
Sale Price

STOCKS

Shares

Prices

Low

5

Atlantic

APRIL 24

for Week

of

Par

ENDED

Sales

Last

*

*

WEEK

Friday

Week's

Friday

.

23% 23%
52
52
12% 13%
24% 24%
22% 22%
14% .14%
154% 156%
14
16
*
* 37
38%

400
150
100
1,500
200
200
800
4,600
700

1,000

Big*

42

Feb

47% Jun

23%

Apr

26%

Jan

16%

Apr

18

Apr

26

Apr

32%

Jan

V?

6%

Feb

8V2

Apr

7%

Jan

8%

Jan

4% Mar

5%

Feb

4% Feb

5% Mar
-

23'A

Apr

52

Apr

12% Apr
Apr

24 Va

21% Mar
14 y4

154

Apr

Apr

9Va Mar
37

Apr

*

27% Jan
59

Jan

15% Jan
25
Jan
24% Mar
15%

Feb

161% Jan
18

45%

M'r

Feb

The Commercial and. Financial Chronicle...

40

Monday, April 27, 1953

(1824)

OTHER STOCK EXCHANGES
APRIL 24

RANGE FOR WEEK ENDED

Week's

Sale*

Last

Range

for Week

8ale Price

of Prices

Shares

Friday

Week's

Last

(Cont.)

Exchangs

Stock

Midwest

Friday

Range

Low

Co

&

Oil

Ashland

$1.50

Refining common

&

preferred
Santa Fe
Corp

2nd

conv

Products

A they

Atoo Mfg

Read Foote

Apr

993/4

Apr

9%

Feb

4ft

4ft

400

4

Jan

5%

Jaa

7%

7%

1,400

Apr

63/4

Feb

10ft
2

1%

1%

1ft

600

1%

Feb

I ft

5%

5%

6 V4

4,000

Feb

6ft

Apr

•

50%

50%

51%

600

493/4

2.50
———5

21ft

21 ft

200

21ft

12 ft

12

12 ft

1,050

Corp

—

•

11-20

300

143/4

Apr

16% Mar

150

29

Jan

38

1

12 ft

Apr

17

Jan

«

16

Apr

17 ft

Feb

12 ft

12 ft

127a

400

16

16

16%

200

12.50

15 ft

15 ft

16

400

133/a

133/a

137a

.25

26%

26%

28

(Un).

(Un)

28

preference.:

Ohio

&

Chicago Corp $3 conv

36 ft

Apr

Apr

63 ft

$1.32

83%

83 3/a

24%

Lines

34 ft

341/4

3,700

33%

Apr

100

353/a

Apr..

34ft

600

34

Apr

363/4

36%

2,000

35%

Apr

38ft

9ft

9%

500
100

8

400

26

26 ft

600

10ft

10ft

200

7%

10%

11

400

10ft

10%

12

Apr

143/4

Apr

173/4

Gibson Refrigerator

Controls

300

11*% Jan

13

15%

16

200

15

Jan

11

1,300

10 3/4

Apr

12 3/a

6%

63/4

100

6 3/4

Apr

1,200

73/a

Jan

23/8

3,500

70

100

103/s

Apr

54%

100

52 ft

Feb

54%

2,000

593/4

Apr

69%

26ft Jan

38

100

34% Jan

7

550

*

6 3/4

8 3/a

35 ft

300

32%

Jan

343/4

600

34

Apr

38

12 ft

50

12

Feb

14

Jan

Goodyear Tire & Rubber Co
Eossard (W H) Co..

*

52 ft

52 ft

300

51%

Feb

Graham-Paige Motors (Un)
Gray Drug Stores

l

Great Lakes Dredge & Dock
Great Lakes Oil & Chemical

*

41

Mar

Jan

21%

93/4

100

32ft

600

Apr

25ft

Feb

Apr

11

Jan

Jan

34 ft Mar

93/4
30

5%

53/b

"5ft

200

5ft

Feb

5%

Jan

20%

21ft

1,000

20%

Apr

25%

Jan

16 ft

16 ft

200

16ft Jan

20% Mar

223/4

400

21

Jan

23 ft

20%

21ft

600

20 3/8

Apr

23 ft Mar

13

13

13 ft

1,600

12%

Jan

14% Mar

•

Feb

43 ft

42 ft

1,250

41ft

16%

16%

1,150

16

37 ft

37 ft

38

400

37ft

Apr

50%

50%

50%

100

50%

Apr

56

253/4

25%

700

25ft

Jan

27% Mar

is

9/64

25,100

5 7a

5,600

10%

10%

600

9%

Jan

11% Mar

27

27

100

26%

Jan

293/4 Mar

5

5 7s.

10%

—-'

.•/

12%

22

•;

22

4%

5
25

100
50

*16

Mar

A

Apr
Jan

12% Mar
Mar

22

4%
15%

Apr

Apr

173A

Feb

19

19*%

Apr

233/4

14

14%

3,200

10%

Jan

400

34ft

Apr

31 ft

Apr

60

Jan

900

10

100

Apr

Jan

8ft

17

7%

Jan

8ft Mar

100

34ft

Jan

36 ft Mar

40%

40%

100

40ft

Apr

43ft

543/4

543/4

: 100

543/4

Apr

62ft

27 ft

27ft

600

27ft

Apr

30

25%

25ft

27ft
26ft

1,400

25ft

Feb

29 ft

Jan

43/s

Jan

40%

3ft

100

13 ft

200

12 ft

17

17

17 ft

200

17

473/8

47 3/a

49

700

45ft Feb

•
2.50
*

6ft

2% Mar

Jan

Jan
Mar

Feb

14% Mar

Apr

19 ft

Jan

52 ft Mar
6 3/4

Apr

2,600

5ft

Jan

250

29y8

Apr

38

Feb

48

Jan

58

Mar

30 3/8

57

12%

6 34

30

Louis

57

27

12% Mar

14%

Feb

12%

13 ft

4,100

21%

22%

600

19

Jan

23 ft Mar

23 ft

213/4

5
10

23 ft

100

23 ft

Apr

26ft

Jan

1

17

163/8

17 ft

500

16 ft

Apr

18% Mar

•

Co

56

56 ft

57%

300

56ft

Apr

60% Mar

ft

16 ft

16%

150

13%

Jan

30'A

1,900

29ft

Apr

35

16 ft

16ft

16ft

50

15 a/a

Jan

18 ft

38%

38

39%

1,200

33

Apr

43 ft Mar

15

32 ft

32 ft

33 3/4

2,500

32ft

Apr

37ft

14%

14 ft

15

3,100

14ft

Apr

16 ft

87,400

»lz

Apr

Apr

Feb

49 ft Mar

Feb

9% Mar

1

common

29%

6

Products
Oil Corp

(Un)—

(Un).

iV

44ft

—*

(Un)

Co

-

17% Mar

29

1
*

5

Corp class B

Pacific

Jan
Mar

69

34ft

•

&

36 ft

lift

8ft

*

Paper

aJn

,15 ft Apr
42% Jan

34ft

3ft

Southern

Mar

100

13 ft

Spiegel

Jan

1,000

1,300

1

Jan

18

1874

1

Co

5%

20 ft

(Un)

Co

Feb

233/4 Mar

19%

5
50c

Roebuck

13%

'1874

(Un)

(Un)

Jan
Mar

6 3/i

100

16

39ft

Apr

100

47a

18ft Feb

is Apr
5

5
•

Regis

Feb

42

*
•

Company

Feb

22 ft

20%

10%

Bros

8% Mar

21ft

10%

Co

Apr

44ft

100

200

2

Inc

42%
8

Jan

Mar
Jan

Feb i
;

58'/a Mar
10 ft Mar

2,200

93/4

30ft

32

Mar

12 ft

22%

22%

77a

994

10%

8ocony Vacuum Oil

373/e Mar

343/4
34

400

1

Sinclair

Feb

8

42 ft Mar

Car Co

Southern

Apr

Apr

63

39ft Mar

6%

-1

40

30 ft

28% Mar

38

.20

45

22%

Signode Steel Strapping Co

Feb

200

4174

31ft

Shellmar

Apr

613/4

26%

40

35 ft

Serrick

11% Mar

60 ft

39ft

60 ft

Oil

Sears

Jan

10 3/8

54%
60 ft

5

Co..

73 V*

Apr

16%

Sangamo Electric Co —
Schwitzer-Cummins
Co

Jan

Apr

26ft

*
8

.

17ft

1,400

68 ft

10%

1

Apr

67%

3572

34 ft

St

Apr
2% Apr

13 ft

100

—

National Stockyards
—*
St Louis Public Service A common—*

Apr

75

3674

Service Co of Indiana

8%

2 ft

34 ft Mar

3572

•'

•'.

31ft

Richman

Jan

6 3A

8

Jan

Quaker Oats Co
Radio Corp of America (Un>
RKO Pictures Corp (Un)

16 ft Mar

103/4

Jan

27%

60 ft

St

15%

Jan

36%

500

42

Corp

Pure

Mar

103/4

9ft

300

143/8

Pullman

Jan

12 ft

2,000

3372

33ftc
12.50
3
•

Steel

Public

Jan

12 ft

10

39

,

.10

Feb

39

10ft Jan

97s

—

•
(Un)—I
1

A

133

140

Feb

373%

50

class

Inc

40

353/4 Apr

7/64 Apr

33

97a

123/4

Rexall Drug

86

68 ft

Apr

*

Jaa

7%

(Un)

(Un)

Apr

373/4

•

m

class

Co

Pen

Airways

World

American

28ft

2ft Feb

10,800

1*

46*%

6%

_

Gas & Electric—

Feb

14

9/64

8
•
10

(Un)

Co

Apr

7%

Corp

General Telephone Corp

Oil

Co

Edison

44

23/a

Feb

7/64

7/64

Feb

1

Co

24%

1.1.25

common

Utilities

Manufacturing

500

13 ft

27%

(Un)

Co

800

135

Apr

Corp

Car

American

American

25

353/4

5

Corp
General Foods Corp

(Un).

46 "ft

3

Finance

(Un)—

RR

46
134

134

24%

1
10
1
1
1

Manufacturing Co
Remington Rand (Un)
Republic Steel Corp (Un)

1

(Un)

Central

York

245/a
46 3/a

100

5

(Un)

—

Co

Raytheon

1

General Electric Co

Standard

Process

Jan

36%

10
—

Container

Pressed

Jan

300

24%

Apr

Jan

43 3/a

15

Corp

Motors

Apr

500

24%

Apr

Jan

Pepsi-Cola Co (Un)
Phelps Dodge Corp (Un)
Philco Corp (Un)
Phillips Petroleum Co

Jan

37 ft

lift

*

lift Mar

15 ft

Jan

73/4

Pennsylvania RR

Feb"

30

14%

8ft

*

Apr

9ft

36%

14%

•

Corn

General

34

Feb

400

*

11*% Mar

25% Apr

10%

50c

Company

Penn

Apr

8

6%

10 ft

10 ft

65

Peabody Coal Co common
5%
conv
prior preferred—

Jan

5

Mfg

&

Inc

General

:

Jan

42%

Parker

Jan

32 ft

5%

5978 Mar

Paramount Pictures

Feb

353/a

8

700

343/4 Apr

Patterson-Sargent Co

37 ft Mar

34ft

32 ft

63/a

500

37 ft Mar

35%

34%
353/8

1

Brewing Co

General Public

15

9ft

50

6%

25ft Mar

800

Pan

293/4 Mar

Apr

10

FaLstaff Brewing Corp
Four-Wheel Drive Auto

Candy

Jan

133/a

5

Watch

Box

253/4

300

(Allen B)
—10c

Inc

Controller

General

50

13 ft

3

(new)

Co

General

Jan

10
(Un)

A

(Peter)

22%

Feb
293/4 Feb

13 ft Mar

Jan

Rights

25% Mar

9ft

Apr

44ft

8

:

Packard Motor Car (Un)

Jan

27ft

341/4
36 ft

133/«

450

64

Ohio

Jan

800

253/4

1,600

36

Ohio

Mar

13%

10

Gamble-Skogmo

84

-1

Eddy Paper Corp

Fox

22ft

27ft

-25
•
1
23

(Un)

Corp

National

95ft

Apr
Jan

13%

—...25

Eastman Kodak Co (Un).

Elgin

24%

Apr

183/4
80

83

350

143/8
49%

627s

Inc

Oklahoma

Jan

•

...

Du Mont Laboratories Inc

Electric

96 V*

200

Dodge Mfg Corp

Air

Apr

2,700

23%

13%
49

343/4

Oak

72% Mar

29

Co

Power

Detroit & Cleveland Nav

Eastern

763/4

19%

(Un)

System

Chemical

1,200

79 ft

600

13%
49 ft

—10
—.—10
Northern States Power (Minn) com._5
Northwest Bancorporation
*

Apr

83 ft

5

Company

Class

110ft

183/4

Deere & Company

Dow

Jan

82 ft

—-—

Ctirt las-Wright

Jan

100ft

1

Continental Motor Corp.:
Crane

67%

45

83

.

preferred
preferred

conv

200

18%

Commonwealth Edison common
$1.40 conv

100

707a

100

Coleman Co Inc

Consumers

177a

63

25

24%

62 ft

North

Jan

17%

110ft 1107a
763/4

Feb

24ft

Apr
Jan

40

343/4

North

Feb

22

Apr

Feb

38

4%

•

New

41% Feb

61

17%

37%

*

pref

$3.50

Co

North American Aviation

Mar

150

29

Inc

29

500

10

Cleveland Cliffs' Iron common———1

preferred

Jan

:

68

200

38

1
10

National Tile & Mfg

20% Mar

;:

Chrysler Corp

common—

Apr

27

50

28

Chemical

National

U APr

19 ft

1,200

193/4

38 ft Mar

Jan

_

National

22 ft Mar

1/256 Apr

61

Cities Service Co

Co

Gas

Apr
Jan

700

367a

77%

Columbia

4ft
20%

700

61

17 ft

—

Foods

Jan

5ft Mar

900

92%

Apr

2ft

25

Cement

Nash Kelvinator Corp

Jan

2ft

3674

1107a

Clinton

333/a

Jan

367.

*

4ft %

Apr

1%

4%

19%

.

*
*

Common

Towel

26%

1,200

Pac—

Chicago Rock Isl & Pacific Ry
Chicago

1,400

20s/o

Jan

34%

4,600

3

Muter

Feb

61

23
*

(Un).
pfd

Milwaukee St Paul &

Chicago

15%

Corp—

Secur

Chesapeake

Service—

Pub

Apr

4ft

19 ft

10

-

Jan

133/a

20 ft

20 ft

67

300

4%

Motorola

17 % Mar

15 ft

1/256 1/256

"4ft

-5

Corp

250

35 ft

Montgomery Ward & Co

Mar

300

1%

1%

»'

Apr

89

3%

Jan

3%

2,103

Apr

34%

Mfg Co

Monroe

Apr

3

__

111

2%

Modine

Mar

85

55%

Jan
Jan

15

—1

Illinois

50ft

3374

3

15

& South West

76

14%

11-3

Corp

conv

50

100

19 ft Mar

Apr
Feb

10%

87

•

Brewing Co
River Fuel

Portland

Missouri

19 ft Mar

Jan

3%

—

Mississippi

Feb

8ft

34%

1

Products

Utilities

South

Minneapolis

Feb

32 ft

3

Rights

$1.50

51

;

Jaa

Jan

17ft

600

4

Rights

Apr

13%

32 ft

Genco

Central

78 %

51

51

57ft

21ft

17%

400

177a

78%

5

Apr

Apr
Mar

12

177.

177a

—10

—1

Central

4

9%

100

9 3/a

•
1

L)

Food

Mickelberry's
Middle

8% Mar

18%

•

Field <k Co common
(Glenn

Portland Cement Co

Metropolitan Brick Inc

Jaa

(Un)_lP

1,000

6ft Apr
17 y4 Mar

9ft

*

of Ky

Elec

&

Martin

*

9

Jan

18%

•

-—

Medusa

Feb

Apr

Carr-Consolidated Biscuit
Central

21ft

19 ft

Manufacturing

Pacific

2% Mar

1% Mar

200

2

Gas

Marshall

8%

High

5ft Mar
14%

*

Mfg class B

Louisville

48% Mar

200

1

Co

Lonergan

11% Mar

Jan

250

Brothers

Canadian

Jan

45

1

Burlington Mills Corp
Burroughs Adding Machine
Burton-Dixie Corp
Butler

10

500

19%

Gear

(F)

300

46%

19 ft

Company

Burkhart

10ft

46

•

Budd

7%

Oil

750

16

9ft

1

Lindsay Chemical Co common
Lion

Low

6%

153/4

9

Range Srnce Jaa. I

High

6
__

•

—-—

Ubby McNeil & Libby

Jan

7%

19 ft

J)

(E

Sons

Feb

90 3/4

500

Co common

Leath 61

Jan

-10

Laughlin Inc
Fisheries Corp

&

26 3/8

200

7ft

1

&

Sfach

100

92 ft

7%

46

Consolidated MintDf

Borg (George) W)
Berg-Warner Corp

27 ft

90%

—13

Bwfghoff Brewing Corp
Beralehern Steel Corp (Un)
Bliss

27 ft

Gas

Laclede

Jan

18% Mar
28ft

~7%

Baatlan-Blessing Co

Bttgact

323/4

Feb

7%

—

Bearing Specialty common
Btiden Manufacturing Co

Apr

15

1,300

Low

5
5
4

University

Co
Co (Un)

Laclede-Christy

12ft Mar

29

1,100

90%

3

Raid win-Lima-Hamilton

Jan

100

16%

27'/#

4—

Corp

lift
29 V*

15%

15%

3

Co

Washer

Automatic

10 ft

Jan

Extension

Salle

La

43ft

Apr

10%

50
——A

Atchison Topeka &

33ft

100

Par

High

29 ft

29 ft

2.50
1
—*

Inc

Industries

1

Range Since Jan.
Low

39

10
5

(Un)
(111) common

Co

Steel

armco

Armour

STOCKS

High.

39

Ptr

Arvln

of Prices

Sale Price

STOCKS—

Sales
for Week
Shares

Gillette

(The)

Glidden

Co

Goldblatt

Greif

Co_.

(Un)

34

Bros

Bros

—

Cooperage

Greyhound Corp
Grtesedieck

~8%

class

Western

Brewery

Halllcrafters
Hammond

Instrument

Co

Helleman (G) Brewing
Hem Werner Corp
Heller (Walter E) & Co
tftbbard

Spencer

Brick

7%

l(»

Co

Feb

2%

International

Packers

Ltd

Chemical

81

Jan

68 ft

68 ft

70 ft

2,400

68 ft

Apr

78ft

Jan

34 ft

34 ft

35

500

34ft

Apr

38%

_5

Jan

Standard
Standard

Apr

1,400

2ft

17 ft

173/4

700

15 %

Apr
Jan

19

13

800

12 ft

Jan

of

Oil

Standard

Apr

(Ohio)

Co

Railway Equip—
Spring (Un)

Steel

Mar

17 ft

18 ft

150

16 ft

Jan

19 % Mar

Stewart-Warner Corp

47ft

200

473/8

Apr

503/a Mar

Stone

73/4

7%

3,100

73/a

9%

Apr

29

200

28

20 ft

900

19%

Jan

21

Mar

Jan

■

22

Paper

International

Shoe

23

Apr

ll3/9

Apr

20

Mar

39 ft

40

350

39

Jan

41

Jan

27ft

400

72

93/4

300

10

27

100

72
21

19%

21

40 ft

40ft

Iowa

Illinois Gas

Iowa

72

41/4
25 ft

Feb

Feb

5 ft Mar
28

Power

&

Mar

Thor

& Elec

2,300

14ft

Jan

24 ft Mar

500

40 ft

Apr

48

Jan

32 ft Mar

29

29

29

50

29%

29%

30

1,500

29%

Apr

33

Kansas City

Power

&

Kennecott Copper Corp
Knapp Monarch Co
Kropp Forge Co

For footnotes

see

page 47.




50

15 ft

Jan

18

23%

200

20 ft

Apr

23%

10%

107a

36

33 ft

100

33 ft

Apr

333/4

Jan

lift

11%

200

10%

Jan

12% Mar

Tri

.—

—

Axle

Detroit

Timken

10

Jan

10 ft

Feb

35

Apr

43 ft

Feb

29ft

Feb

353/4

Jan

29%

700

15 72

1,350

14 ft

Feb

163/4 Mar

18

19%

2.500

18

Apr

213/4 Mar

3674

37 ft

1,100

35ft

Jan

393/4 Mar

25

53

53

537s

700

53

Apr

5778

217a

217a

22 ft

1,150

20 ft

Apr

25

18 Va

18 ft

1874

1,250

18 ft

Apr

19 ft Mar )

22 ft

22 ft

100

22 ft

Apr

24s/a

12 ft

Jan

13% Mar

15

15

2

,

1

Corp

Salle

La

1274

12 ft

35 ft

3574

37

2,400

27a

278

3

1,700

5

(The)

Continental
So

5

—

Radio Corp

Truax-Traer Coal

203

Co

Co

Edison
Co

Feb

650

1,000

10%

35

Mar

18

Tool Co

common

St

1

(Un)

lift

28

_1

_.

_

400

31% Feb

aJn
Feb

Feb

37 ft Mar
Jan

15 ft

100

15 ft

Apr

173/4

Jan

177a

__

3%

15 74

__

•

Corp

17%

300

16 ft

Jan

20 ft

Jan

Apr

2% Mar

577a

59

380

55

Jan

59

63%

49%
17

49%

100

49%

Apr

56ft Mar

39 ft

200

38%

Jan

40%

Feb

17%

500

16%

Apr

20ft

66 ft

400

637b

Apr

723/4

300

9%

Apr

10%

Jan

17

9%

934

293/4

29%

30 ft

300

28 ft

Jan

318/4 Mar

25%

25 %

200

24*%

Jan

26 ft Mar

25

5ft

Jan

*

6

Air Lines

Corporation

273A

Apr

32

10

6

7

Mar

U S

Rubber

U

Steel

S

Van

Dorn

Co

200

5%

2.500

Iron

Works

5ft Jan

Feb
Mar

5% Mar

Westlnghouse

Electric Corp

1,300

21%

Apr

24ft

300

28 ft

Apr

31 ft Mar

Wleboldt

193/s

19%

ICO

19

Feb

20% Mar

; 11% Jan

13ft Jan

$4.25
preferred
u,
Willys-Overland Motors

Jan

213/4

Wisconsin

12%

l

20 ft

20 ft

12 ft
.

600

213/4

1 /»no

18 3/a

Stores Inc

Wrigley

(Wm)

Anr

39

Feb

43% Mar

-12 ft

44

4374

45 ft

43 ft

Apr

50

13%

Feb

•

_

»

__1
♦

Jr

Apr

80% Feb

4%

Jan

5% Feb

Youngstown Sheet & Tube

3ft

Jan

4ft Mar

Zenith

67

Radio

Corp,

137a

13%
.78
—

'

—

15 ft

14 ft
72

200

78

147s

147a

1,000

14

78

-

.

29

Jan

Mar

147« Mar

74ft Mar

78

500

12

Feb

15 ft Mar

15

750

14ft Jan

15 % Mar

60
<

Apr

5
,

72 ft

200

72

Jan

73 ft Mar

.4274

—

_

*
_

Apr

27 ft

100

•

150

200

Jan

127» Mar

10

200

Bankshares Corp

100

cs

Jan

44%

40

-

43/s

31ft

Apr

27 ft

—

3%

68

Apr

38 ft

40

(Un) —.

4%

67

200

28

27 ft

common

>3%

10%

100

40

-

Apr

5,300

10

*

29 ft

12 ft

10

397s

—10

Union Telegraph

Western

22 ft

1

*

28

38%

3874

Walgreen Co

28 ft

Jan

28

3
•

21ft

"i%

287s

5%

(Un)

28 ft

1

27%

5%

Corp

21ft

-_33fto

273/4

1

(Un) —

(Del)

•
8.75

—.

Inc

United

Jan

9%

—

•

Union Carbide & Carbon

,_io

Light
Kansas Power, & Light, (Un)
Kate Drug Co
Kelley Island Lime & Transport..

17 ft

Jan

33 ft

5

10

Jones & Laughlin Steel Corp

Mar

363/4

1

Corp

Thor Power

Trane

Feb

■

(Un)

26% Mar

•

(The)

Co

Texas

Trav-ler

86 3/4

3.50

Light Co

13

Jan

2972

5

(Un)—.—

Co—

10 ft Mar

Apr

Feb

Oil

&

Toledo

9% Jan

39

Johnson Stephens & Shinkle Shoe

Jan

24ft

Jan.

72

41%

*

Interstate Power Co

12%

100

20

Feb

10 ft
18 ft

—7.50

(Un)

500

25

Corp

500

300

(Un).

Corp

Machine Tool

200

15

(Un).

Jan

12%
24 ft

2074

Corp

Swift

700

Co

International Tel & Tel

Jan

17 ft

*

Sunbeam

United

International

59 ft

12%

__

1

Sundstrand

19 ft

27 ft

,

24 ft

12%

—I

.

Sunray

10%

4ft

—

Corp

Feb

32ft Mar

Jan

193/4

4ft

Container

Studebaker

21%

40

23/3

2ft

13 y* Mar

23/a

•

&

Apr

3ft

•

Mineral

71ft

19*%

•

International

600

133/a

l

laterlake Steamship Co
International Harvester

72%

18% Mar

100

Inland Steel Co

71ft

Sterling Aluminum Products

25
15
10
1
1
5

■

„,,,.J1J.^_xrrrTf

u

Indiana
Standard Oil N J (Un)
Oil

Standard

12 ft Mar

19 ft

3

Co

Apr

800

10 ft

21%

10
...

53 ft

250

21%

25

common

Jan

100

19 ft

2

1

Co

1%

53ft

; 13 3/a

19 ft

283/4

20ft

1

Elkiois Central RR
Indiana Steel Products

Feb

3

Bartlett

Hupp Corporation
Huttlg Sash & Door
Illinois

17 ft

1

:

2%

400

53ft

■

—■

California

OH of

Standard

47%

a

1

ftarnischfeger Corp

Apr

300

2ft

25
Co

8*%

,

12%

17%

*

3

Gulf Oil Corp

1,200

2ft

13

19%

1

A

9ft

2ft

•

(Un)

8%

3ft Mar

2ft

*

W&rrftnts
•

42%

100

41%

Apr

47 Ye

Jan

69V4

69 ft

100

69 ft

Apr

80

Jan

'M

'

i(^ I • 4( '-vMy ylt (-f«,» t<-* »i tii.'^

'if t

Number 5215

Volume 177

# t .* «.i *-w*

_

*»'"' ? «•••*,»» *«•• .

1 ■ M J1 (j ***• iv - m " i *•> r '. ».'k»''

uhmmwm uiwj«*M,<a-nt ujm

jawwaw** '#

4T

(1825)

The Commercial and Financial Chronicle

...

'»•[.•,' - # a"' '•" 'V, -:"" •',",'" .-• '%S

OTHER STOCK EXCHANGES
APRIL 24

RANGE FOR WEEK ENDED

Sales

Week's

Friday
Last

Range

for Week

Sale Price

of Prices

Sbares

STOCKS

Friday
iMk

Range

STOCKS

Sale Price

Par
American

Tel

39%

Corporation

Arundel
Atlantic

IZZZio
Corp

Baldwln-Lim a-Hamilton

Securities

Baldwin

27

13

_

lc

Corp

—1

25% Feb

28% Jan

9% Jan

11% Mar

1,433
309

3%

240

.

Mar

4

3% Jan

3%

3%

5,720

3Vb

1,700

19%

14%

15

76"%

79%

25

•
Corp
1
Delaware Power 8c Light common—13'/a
Electric Storage Battery
•

24%

Apr

14% Apr

16% Mar

76%

45

96

Apr

Jan

8%

60

7

Feb

8%

172

33

Apr

39%

Jan

24%

328

23% Mar

27

Feb

33%

33

24%

677

32% Apr

37%

Jan

24 Va

32%

32 Va

10%

General
Hires

87%

20

59%

61%

E)_

1
10
*
1

10%

10%

10%

30

8%

8%

9%

928

Navigation
:

~

(Glenn L)

1

Corp

9% Jan

12% Mar

Colorado

11%

Columbia

Apr

Jan

16% Apr

79

200

22 % Jan

13%

14 %

12% Jan

647

Mar

34 3/4

1,565

32% Jan

35% Mar

193/4

20%

4,179

19% Apr

23% Jan

—10
Pennsylvania Salt Mfg
•
Pennsylvania Water 8c Power Co_
Philadelphia Electric common—

433/8

433%

46

43%

383/4

38%

Philco

Scott

6%

1,209

Mar

33

Jan

Apr

4%

6%

613

32Va

370

25%

26%

1,222

26%

263/4

252

6% Mar

Apr

6%

63/a

Mar

25

Feb

23

31%

\

—

Apr

7% Jan

Apr

36%

25"%

Apr

27%

Jan

26%

Apr

27% Feb

United

Gas

Improvement

29%

184

28%

Apr

33% Jan

56%

360

54% Jan

59% Mar

723/4

753/4

489

72%

82%

4%

5%

60

4%

Apr

6

Jan

35 Va

1
13%

Corp

United

283/a

723/4

Co

35Va

35%

632

31%

Jan

36

Feb

Apr

Jan

Week's

stocks

Low

Par

Allegheny Ludlum Steel
Columbia Gas System

—

Duquesne Brewing

Duquesne Light
Equitable Gas Co
Pitt

Fort

Harbison

Gas

Star

Lone

-

—t.

—

Mackintosh-Hemphill
Natco

•

6%
27%

„10
5

_.

—

12

5

Corp

—

Pittsburgh Brewing Co common—2.50
$2.50 convertible preferred
25

29

;

14%
26
43%

;

Air

Reduction

Co

Mfg

Allis-Chalmers
Aluminium Ltd

i

Rights

22 3/4

Apr
Apr

■

29V4 Mar

Theatres

(Un)

Co

American

Car

25%

Apr

73/8 Jan

Factors

Light

American

Power

American

&

Common

670

6% Jan

2

375

28

Apr

32% Jan

89

51

Apr*

10

220

1,000

Giorgi Fruit Corp class A com

Anaconda

Mining

Copper

Ark

Fuel

Arkansas

Armco

Chemical

A (Un)——

Air

Lines

&

Atlantic

(Un).

Corp

(Un)

8c

Jan

10c

Jan

26% Mar

14%

Apr

16%

Feb

597

26

Apr

28'/4

Feb

111

43% Apr

50

49% Mar

Avco

—....

Foods

(Un)

Corp

General Motors Corp

Securities

Shares

Baltimore &

Ohio RR (Un)

Bandini Petroleum

Bankline

Bendix

Oil

a41% 42%

60

High

44% Feb

44% Feb

26%

100

26 %

Apr

28% Jan

3%

300

2%

Feb

3% Apr

a4%

40

4% Feb

51%

51%

299

42%

42%

350

51% Apr
42% Apr

13

220

II Apr

13%

263

13% Apr

5% Jan
58

Feb

54

Jan

ti Apr
15%

Jan

a2%

25

2% Feb

2% Feb

14%

14%

970

14% Apr

15% Feb

a

37%

374

2,236

a71% a71%

50

a46 a48%

a46 %

220

20%

620

20%

20%

38%

38%

479

39%

40%

1,585

a42 % a42%

75

18%

18%

18%
a

10%

a

125

10%

25

Mar

Jan

39% Feb

13% Jan

15% Mar

36

37% Apr
154% Apr

160% Mar
a

a__

50

Apr
20% Apr

38% Apr
39%

43% Jan

Jan

60

Jan

25% Mar

Benguet Cons Mining
Be'hl^bem

Steel

18% Apr

19% Apr
a—

a__

Jan

12% Mar

92

315

92

Apr

29%

29%

240

29% Apr

30

Apr

Mar

30

Mar

30

a29% a29%

28

72c

1,100

Apr

1.10

Jan

7%

362

7% Apr

8%

Feb

al0% al0%

240

10% Jan

a3%

100

70c

<Un»

Bishop Oil Co
Blair Holdings
Boeing

Corp (Un)
Airplane Co (Un)

For footnotes see page




47.

.

11% Mar

25

245

25

Apr

4%

800

3

Feb

4% Apr

100
345

1%

1%

667

51%

52%

629

12%

12%

335

2.45

a39%

a—

class A

Co

Co Ltd

Pineapple

Hotels

Battery Co class B

Corp

Development Co
Mining Co

-

102%

Feb

45

31

Feb

31%

Feb

300

8

Apr

9% Mar

8

Apr

9 % Mar

8%,

755

16

264

14%

Feb

16%

56%

563/4

56%

20

56%

Apr

60

2.40

Jan

2.80

29

Apr

313/4

4

Mar

2.80

2.75

2.80

400

303/4

29

31
6%

5,608

6

6%

3,540

a913/4

Jones

94 % Jan

Leslie

Co

Salt

a68%
a52%
60%
12%

44

790

25

24 %

Feb

27 % Mar

33%

343/4

755

33%

Apr

37

41%

517

40% Apr

223/4

200

20

17 3A

Macy

H)

Co (R
Co

8c

,

125
48%

1.70
a38%

(Glenn)

Co

Mfg

Menasco

&

—

Co (Un)

Robblns Inc (Un)

Co

common

Middle

Inc

South

Rights

Util

--

a21%
a46%

,—•
2.80

•
1
1
—•
18
1
16%c

Mother

Power

Montgomery

•

Co

Ward 8c Co (Un)

Nash-Kelvinator

1% Feb

Natomas

N

Niagara

2.15 Jan

3.00 Feb

39% Apr

48% Feb

Distillers
Gypsum

(Un)

Prod
Co

Company

Central RR (Un)
Mohawk Power
Norris Oil Co
:
Y

13% Mar

217

Corp

National Auto Fibres
National

2,355

6

Apr

(Un)

73%

Jan

300

363/4 Apr

43

Jan

576

67%

Feb

72

Jan

209

52%

Jan

54% Mar

60

Apr

693/4 Feb

10

Feb

a68 a70%

a52% a53%
60%
12%

1,477

60%

12%

415

a26% a26%

123

26% Jan

145

36

Feb

12%

Apr

27% Mar

Feb

36

20%

625

17

Jan

21% Mar

18

1,255

17

Jan

18 3% Mar

10

70

Jan

78

Apr

67

52%

Jan

54%

Jan

•'

••■17%

76

76

a53%
53%
53%

405

12%

13

1,392

26%

915

l23/4

13%
18%
5%

2,252

1.25

1.25

110

383/4

39%

300

38%

48%

48%

293

483A Apr

1.70

1.75

2,950

30

30

773

a40
a49% a50%
17%
17%

85

a513/4

18 3/s

53% Apr
Jan

13 Ye Mar

24

Feb

28% Mar

12

Jan

14%

Jan

15%

Jan

18%

Apr

4%

210

£38%

583/e Mar

12 %

135

Apr

1.20 Jan

Apr

Feb

1.55

5% Jan
Jan

1.70

40%

Apr
Mar

53

2.00 Mar

Apr

33

Jan

443/4 Mar

45

Mar

54

30

.

Jan

523/8

Apr

178

16%

Apr

20% Jan

100

10%

Jan

12%

191

10%

Jan

52

69% Apr

73% Jan

22

213

21% Apr

22 Ve

27%
a46% a46%
4%
4%
67%
67%

343

26%

Jan

30 Ve Mar

45

47

51

a21%

•
10
5
1
5

1
•
•
— *
1

46

<

46%

Apr

Mar

•*45%

Jan

605

3%

Jan

920

67%

Apr

1,320

46

Apr

59% Jan

37

Jan

40% Apr

8% Jan

10% Apr

1

Lode Mines
P.10
M J & M & M Cons (Un)
10c
Monolith Portland Cem pfd (Un)__10
Montana-Dakota Utilities ,(Un)
5
Mindanao

Mar

23

561

27%

—

————

46% Jan

7

10%

57/s Mar
Feb

82

39

9%

245

203/e

21

398

203/a

Apr

26% Mar

12%

12%

295

11%

Jan

13% Fob

1.30

100

1.30 Apr

1.45 Mar

1.30

233/4

39

325

9%
21

233/4

23%

-327

23% Apr

25% Jan

90

20% Mar

22 Va

Jan

16%

295

16% Apr

18

Jan

14%

240

15

Jan

16%

Apr

al8% al8%
16%

16%

al3%
16%

a

16%

565

16%

a34% a34%
3%

al9%

40

3Va

1,325

al93/4 al93/4

50

3%

36% Feb
2% Jan

18% Mar
19
Jan

363/4

Feb

4% Mar

a__

73

27% Mar

27% Mar

'/e

%

2,561

7/64 Apr

9/64 Apr

4c

3c

4c

11,450

3c

Apr

1.30

1.40

47,140

70c

Feb

1.50 Apr

1.35

11%

11%

58

11%

Feb

13

243/4

234

22%

Jan

28 % Mar

243/4

a24% a25%

•

Inc

Jan
Mar

a67% a68%

•

Inc

7%

373/4

5%

*

common

Calculators

Co

National

2.60

Feb

26%

—

1
*

—

Lyons-Magnus class B

1% Jan
Jan

Feb

5% Apr

6

20

7

Loew> Inc (Un)

Apr

24'A Apr

291

a35 a35%

10

—

McNeill & Libby
Lockheed Aircraft Corp

Jan

47

250

47

6%

363/4

——1

Libby

27 Va

24%

7

*

Chemical com—,1

Corp (Un)
Land

Jan

22%

50

County

Jan

17%

99 % Mar

—

&

Copper

Kennecott
Kern

Jan

Apr

41%

33%

10

Preferred

7

42%

a253/8 a25%

5%

Corp

Aluminum

Kaiser

Kaiser-Frazer

Jan

47

•

(Un)
Steel.

Laughlin

&

67% Mar
57%

Feb

233

'

Feb

49% Apr
11% Mar

16

70

Apr

Jan

Apr

5%

24%

Corp (Un)
1
fUn) —
•
International Nickel of Canada (Un)—•
International Paper Co (Un)i
7%
International Tel 8c Tel com (Un)
.•
Intex Oil Co
33%C

57% Apr

9

37%

419

37%
ai5% al5%
a91% a95%
37%

12%
•

Corp

Feb

70

Apr

5

Idaho Maryland Mines
International Harvester

Johns-Manville

Feb

98

8

•
1

(Un)

68%

15% Mar
89
Feb

157

13

Corp

Oil

14 % Mar

a39% a40%

2.45

—

16

•

30% Mar

25

11 %

■

98

10

Morrison-Knudsen Co

a__

a—

3%

57%

113/4 Mai

a—

12%

100% Jan

11%

22%

Feb

224

43% Jan

10%

a3%

,nrr

Tl

Feb

Apr

a29% a29%
8
8%

a29%

1
.•
5

Merck

38% Apr

7%

16'A Mar

667

98

8

Greyhound

McKesson &

440

70c

40% Feb
ft

a__

60

--

—

Matson Navigation

555

2
1
8

(Un)—

8

a52%

preferred

Martin

Feb

92

11%

Jan

21

Jan
Mar

a29% a31%

—.100

4%

42%
a__

a__

10%

•

(Un)

Apr

143/4

747

5
1

(Un)

common

44% Jan

a38 a39%

57%

1
Corp

38

39

a29%

Goodyear Tire 8c Rubber (Un)—
—*
Great North Ry non-cum pfd (Uto)_#

Magna vox
Marchant

10%

8
PI

Co

Aviation

67

Range Since Jan. 1
Low

High

a2%

lc
100
1

(Un)

Jan

19%

—•

common

Gladding McBean & Co
Golden State Co Ltd common

Montana

Baldwin

64

38%

*
_*
5

(Un)—

Electric Co

Honolulu Oil Corn

for Week

73

(Un)—13

Corp

225

10

Chem Corp

Homestake

200

3

Mfg Corp (Un>

Balwin-Lima-Hamilton

65

•

Petroleui.is Ltd

General

Holly

15%

a29%
70c

36% Mar

a54% a54%

20

Hobbs

15 Ve

5
P2

.—*

Atok-Big Wedge capital

21%

Jan

al6% al6%

El Paso Natural Gas Co

Company

a37% a38%

10

Refining Co

Apr

34%

10

(Un)
(Un)

Share Co

&

5»/4 Jan

15%

10%

19 %

66

64

Emporium Capwell Co
Ewa Plantation Co

Electric Bond

43/4 Feb

a37%

5
50

(Un)

(111)

Co

Top & Santa Fe

Atchison

110

a34% a34%

•
-5
8

Utilities

15% Mar

a38%

13%

1

(Un)..

Inc

Corp

36

10

Corp

Jan

Feb

ai8% ai9%

13%

8

de Nemours

(E I)

Paint

14% Feb

5
5

Corp

15

8
10c

Co

Public

Sales

Rang*

20

Louisiana Gas

Steel

Armour

Atlas

Oil

Apr

•
1

Fields Co (Un)

General

32% Feb

*

Feb

13%

Mar

235

•

General

Exchange

of Prices
Low

50

(Un)

Anglo Calif Natl Bank
Archer-Daniels-Midland Co

40 V*

a 18%

:—-—*

preferred

91/4 Feb

21

a

40% Feb

Feb

_.

583/4 Mar

177

25

—

Feb

4OV4

Apr

Jan

8 3/4

24% Jan

100

155% 155%

(Un)
(Un)

40 Va

44

Apr

General

Jan

5
9c
24%
14%
26%
45

37%

P

50

a42

a41%

8% Mar

1% Jan

al5

a71%

20

85

Food Machinery &

8%

al5

25

Apr

59 %

Federated

2,025

Week's

(Un)

American Tobacco Co

18

25

Jan

13 V4

a35 % a36%

—

al8% al8%
a42% a42%

32

94 %

85

Jan

Apr

a35 %

-

73

77%

85

,29

12

51%

9c
24%
14%
26
43%

Jan

79%

a803/4 a83%

77%

a8l%

59%

25% Apr

1%
29

Jan

95

Apr
91% Jan

Jan

1
100

al2%

(Un)—

77%

830

Jan

al2%

(Un)..
Refining—

Jan

50%

Mar

31

8%

U

Radiator 8s S 8

American Smelting &

Feb

22V4

Apr

12

27% Apr

-20

(Un)
(Un)

Ltd

41%

42 3/4

60

68

60

-25

& Foundry

American

——

Apr

191/4 Feb

245

.

175

6% Apr

1
12%

1

common

36%

43%

210

20

Broadcasting-Paramount

American

American Can

310

sj

13%

6%
28%

273/4

Mar

8

Jan

7

1

(Un)_

Inc

Jan

13%

27%
22%

—

Airlines

American

42%

1.35

al6%

common

Eastern

a4%
51%

*

(Un)

Alleghany Corp

Apr

a70% a7l%

America

of

Eastman Kodak Co common
El
Dorado
Oil
Works

3%

10
—1
*

1.05

a36 a37%

(Un)

Products Refining

du Pont

26%

(Un)—_

common

Gold Mining

Alaska Juneau

3,300

25
1
Croker First Natl Bank
25
Crown Zellerbach Corp common
8
New common iw i)
—5
Preferred
•
Crucible Steel Co of America (Un)—25
Curtis Publishing Co common (Un)__1
Curtiss-Wright Corp (Un) —
1

Corn

15% Jan

Sale Price

a41%

1.10

a—

22% Mar

Last

5

Jan

38% Jan

Friday

Laboratories

Jan

38%

20

13'/4 Apr

San Francisco Stock

Abbott

63V2

Apr

a52% a52%

(Un)

(Del)

Hilton

.

Apr

253/4

a 16%

1

«Un>

Motors

Continental Oil Co

Hawaiian

Par

573/4

5

Continental

Hancock

stocks

132
400

..

9%

32% Apr
18 % Jan

25%
12

Peb
Jan

25%

a56% a59%

875

100

440

Apr

6% Mar

5% Jan

230

155

385

123%

9%

Du Mont Lab class

High

LOW

550

Feb

19%

172

5

__

12

9%

13%
7%

5
__

333/4

273/4 Jan

18%

19%

8%.

.

Apr

Apr

18%

34%

—*

*
lOo
1
United Engineering & Foundry Co
5
Westinghouse Air Brake
—10
Westinghouse Electric Corp
12.50

Reymer & Bros
San
Toy Mining
Standard Steel Spring

27%

15V»

251/2

43 %

(Un)

Gillette

51%

10

Pittsburgh Plate Glass ...
Pitts Screw & Bolt Corp

27%

365

al6%

•
•
Commonwealth Edison
25
Consol Chem Indus class A
*
Consol Edison of N Y (Un)
•
Consolidated Grocers Corp
1.33%
Consolidated Natural Gas Co (Un)—15
Consolidated Vultee Aircraft
1

Dow

Range Since Jan. 1

High

1%
28%
51

1%

411

(Un)

System

Solvents

6%
27%
25%
12
8

22%

—r*

-

cl

System

27%
22%

—

5%

•
A—2%
2%

Iron

19%
13%

—

50

13V4 Mar

1.05

-10

^

33%

34

1

Brewing
Walker Refractories

—

7%

•
*
*
5
—*
8.50

—

Co

Blaw-Knox

493

253/4

Douglas Oil of California

Shares

5% Feb

100

2,390

27%

(Un).

&

Domlnguez Oil

fer Week

of Prices

Apr

r5%

a56%

Doernbecher Mfg Co

Sales

Range

Sale Price

Feb

22% Mar

26%

(Un)

Broadcast

Commercial

$3

Pittsburgh Stock Exchange
Last

Jan

17%

Jan

15%

5 J/a

Class B

Di

Friday

18%

Jan

4

25

al2% al2%

—

..21

Fuel

Creameries

56

283/b

Apr

16%

215

Jan

31

56

-50

Paper common

Oil

48

4%

26

Gas common.

8c

23 Va

31%

preference com

Co

Reading
Sun

El

Service

$1.40 div

23%
4%

.—3

Corp

Public

3,782

Jan

41

30% Apr

83

52 %

38% Apr

275

323/4

31V4

—

15 -

21

350 *

a20% a20%

•

18% Mar

32%

preference common
Phila Transportation Co common—20
Participating preferred
—

15

al6 al6%

14%

(Un)

Apr

33

div

16 3/4 Mar

.100

Cities Service Co

20%

$1

Apr

253/4

Chrysler Corp

Feb

13% Apr

16%

13%

13%

31%

14%

Eureka

91% Feb

—50

Pennsylvania Power 8s Light
Pennsylvania RR

14%

213

15

1
Corp
—28
Chesapeake & Ohio Ry (Un)
*
Chi Mil St Paul RR com (Un)_—

Central

8'A

13%

13%

14%

Caterpillar Tractor Co common.
Celanese Corp of America

Columbia Gas

Pennroad

Jen

Co

Pacific Ry

Canadian

70

59%

2,840

16%
—

9%

Feb

r5%

Apr

86

60%

RR

Valley

86

.5

(Charles

Marun

86

Corp

Motors

Lehigh Coal &
Lehigh

.10

—

775

Canadian Atlantic Oil Co Ltd

Preferred

Fidelity & Deposit Co

89

10%

al6

*
10

Packing Corp .....
Canada Dry Ginger Ale (Un)

v

8O1/4

10 '/a

Calamba Sugar
Calaveras Cement

it:

—

79%

2%

(Un)

Sullivan

Hill

Burroughs Adding Machine
Byron Jackson Co

76

Apr

33%

7%

—

33

Chemical

3% Apr

Apr

484

5
10
;•

1-

•—

80% Apr
10 V2 Apr

California

Apr

24%

—

Budd Company

Chrysler Corp
Curtis Publishing Co common

3%

773/4

50

$2.50 non-cum pfd_.

22V4

14%

common

New 5%

Davison

17% Jan

10%

3%

High

Low
65

a56% a56%

a56%

Bunker

190

18%

27%

•<"_ 7

Apr

161% Jan
20% Mar

10

—.

40%

Feb

153% Apr

26 %

*

■

37%

490

3,767

Transit Co—

Baltimore
New

18 %

—

High

LOW

r

IS

Eorg-Warner Corp (Un)
Broadway-Hale Stores Inc
Budd Company

Range Since Jan. 1

Sbares

40%

(Un)

Borden Co

for Week

164% 156%

Range Since Jan. 1

High

Low

Par

•

..

High

39%

154 %

.

Co.

EJec

City

—100

Tel_

&

Sales

of Prices

Low

Co.

Stores

American

\

Week's

11 %

6c

Jan

Feb

29% Apr

30

Apr

a28% a28%
a62

52
347

60 %

Feb

65

Mar

a61% a62%

100

32% Apr

36

Jan

22%

175

21%

Apr

25%

Feb

20%

1,475

19%

Apr

213/4 Mar

19%

436

19 %

Apr

23%

Jan

299

21

Apr

25%

Jan

85

7

Feb

33

22%

22%
20

19%

33

21

21

21

6 3/4

a6%

"

a

"

'

Jan

Apr

25%

28 Ve Mar

21%

21%

315

20%

27%

27%

781

27 Ve

Apr

2.25

125

2.25

Apr

2.25

7% Mar

2.65 Jan

02

The Commercialrand Financial Chronicle...

(1826)

OTHER STOCK
RANGE FOR WEEK

Francisco Stock Exch. (Cont.)

San

Friday

Week'*

Last

STOCKS-

Aviation

(Un)—

North

American

Co

—_——10

North

Amer

6%

(Un)

Invest

Low

1

16%

Low

16%

390

16%

Jan

20%

Jan

23 % Mar

550

10%

Feb

13%

20%

-25

(Un)

Northrop Aircraft Inc

21

25

preferred

5%% preferred
Northern Pacific Railway

10%
21%

19%

19%

89

a68% a68%

40

al4% al4%

90

100

__

al4%

--1

-

180

Schenley Industries

Jan

Feb

22

Feb

19% Feb

20

Apr

70

83%

Apr
13% Jan

Portland

Cruz

Santa

'

Jan

18% Mar

Scott

Paper

Sears

Roebuck

Shasta

Shell

75

75

72

24%

24%

...

Oahu

Sugar

Oceanic

Co

(Un)

Ohio Edison Co
Ohio

Oil

—20

Co

__——

12% Feb

14%

22c

1,200

20c

Apr

25c

Feb

Sinclair Oil Corp

3%

5,540

3

Jan

3%

Apr

a37%

a37% a37%

67

37% Apr

39%

Feb

Socony-Vacuum Oil
(Un)
Southern Calif Edison Co com

•

Products

Inc

•

common

1st

2%

Jan

50

18%

Jan

1.80

250

1.40

Jan

51%

Apr

Mar

56

3%

Apr
Mar

23

1.80

Apr

13

13

Electric

&

13%

2,138

alO%

a

11 %

40

11%

Feb

12 % Mar

5

a

13%

a

13 %

44

15

Feb

16 '/a

6 %

1,600

5

6%

6

10

a27% a27%

25

common

preferred

1st

207

5

Fisheries

Pacific Coast Aggregates
Pacific Finance Corp (Un)—
6%

120

3%
al9

1.80

20

51%

3%
al9

al9

*

Can Co

5 % %

51%

20

-

B

37%

1st preferred
4.80% red preferred

25

-

redeemanle

preferred

26%

redeemable

series

36%

29% Mar

Apr

4.32%

7,295

Apr

39% Mar

710

31% Apr

34% Jan

120

29

31%

Apr

27%
25%
26%

220

26%

Apr

29

Apr

27

Pacific
Pac

Petroleums

Ltd

-1

Public Service common

1st

Apr

28

296

26%

Apr

28

Pacific Tel & Tel
Preferred
Pacific

Western

509

Packard

Palmer
Pan

Motor

Co

Stendel

Amer

,

1,625

World

Pioneer

Mill

Airways

Co

Pure

Co

134% 134%

52c

28,940

50

Southern

Corp

W

Safeway Stores
Joseph Lead
St Regis Paper

(Un)

Co

Apr

41%

Jan

860

32 %

Apr

37%

Jan

36

2,756

34%

Apr

39 % Mar

Pacific

Co

Oil

Co

of

Oil

Co

A

Oil

of

<Un)

N

..

5

Transamerica

Apr

Trans

Union

Corp

World

31%

Feb

33% Mar

10%

10%

11

14%

14%

650

10%

598

14%

Apr
Apr

16%

Jan

22,816

■h

Apr

i'«

Apr

42%

13

Jan

43%

45%

2,244

42%

42%

225

40%

Jan

47

[28 %

28

28%

770

27%

Jan

28% Mar

51%

51%

53%

3,110

51%

59%

Jan

a71% a72%

40

80%

Apr
Jan

80%

Jan

a677/a a71%

406

70%

Apr

78%

Jan

9%. a 10%
33%

178

10% Mar

10%

Apr

300

33

Apr

34%

Jan

137

—

*67%

[a 9%

a

33%

34%

a34% a35%

49 % Mar

Ffeb

Mar

36

Apr

43%

19

19

485

19

Apr

21% Mar

33%

34%

600

33%

Apr

39%

Feb
Jan

Inc

Tri-Continental Corp

5

il7%

(Un)
(Un)

Oil Co of California

Sugar Co

United

3%

Apr

4%

Apr
68% Mar

United

Air

United

Can

Corp

United

Gas

of Del (Un)—;
Corp (Un)

42

Feb

43% Jan

United

States

56% Apr

60% Jan

U S Steel Corp common
Universal Consolidated Oil

a41

200

59

25%

Apr

25%
27%
34

Feb

29% Jan

Apr

34

Mar

Feb

28

3,561

25%

Apr

29% Mar

100

18%

Jan

19%

238

15%

Apr

17%

Jan

250

67

Apr

71%

Jan

42% Mar

25%

,Corp

Lines

15%

...

39%

39%

11% Mar
Mar

Feb

668

38

Jan

25%

25%

133

24%

Feb

34%

34%

255

33%. Apr

39

Mar

10

28

28

145

28

Apr

32

Mar

10%

10%

951

10

Jan

11

Mar

a4%

a4%

31

a27% a27%

90

2%
-1
10

,

Rubber

Equipment

■

57% Mar

5
;

-

.

5

Co

*

15%

a64% a66%

common__25

(Un)

Inc

Sugar

27%

al7 % al7%

—_——12%

Aircraft

Utah-Idaho

Jan

11%

22% Mar

•

& Glass Co

5% Apr
30% Mar

United

27% Feb

Feb

54

1

Union

4'/a

80

105

511

26

—

Carbon

&

—2

'«

Union

60%

a53 % a53%

al0% al0%
23%
23%

U0%

10

—

Airlines

Carbide

Oil

Jan

Jan

—

$

•

38%

Co

Feb

5% Mar
29% Mar

Jan

a__

a__

39%

1,341

38%

Apr

44

a46 % a47 %

.-10

(Un)

5% Mar

27%

170

a28 a28%

a28

138%

26%

26

41%

Feb

47% -Anr

Jan

3% Jan

5

3%

3%

500

8%

16%

3

-

Jan

Jan

34% Feb

Victor

12% Mar

14

Apr

Warner

17%

Apr

19%

Feb

Washington

46%

Jan

-51

Mar

46%

41%

Jan

27%

25%

Jan

29 % Mar

56 %

Apr

32%

Feb

35% Mar

3%

3%

Apr

9j/b

9%

8%

Feb

Water

(new)

(Un)

1,200
306

12%

Jan

16%

55

27%

Jan

29

296% 296%

(26 %

*

100

8%

9

16%

a26% a28%

14

296%

Apr

5

Power

„

9% Mar

.an

Apr
Mar

.305
Mar
5% Jan

63 ./J«m

34%

1

Pictures

Bros

Fargo Bank & U T

Wells

46% Mar

26%
34%

35%

35%

Westates
.

3% Mar
9%

'

32% Jan

Ap£*

35"%. Apr '

a32% a34y8

(Un)

280

25

Associated

Water

23% Jan

Apr

(Un)

Company

Tide

11% Feb
30 % Mar

a55% a57%

'»a32%

32%

15

Feb

al6% al6%
a47% a49%

35%

..10

31%

^5

Apr

27%
28%
a33% a33%
13%
13 %

9%

[31%

Textron Incorporated common.--—50c

Apr

3%

.10

33 % Mar

1

J_

15

25%

——1

Inc.

54c

Jan

Texas

Feb

46%

(Un)__25

Jan

Apr

25

43

a53% a55 %

27

3278 Mar

31

•

(Indiana)

36 %

50

a55Va
34%

34 %

130

California

Apr

712

1

Apr
Apr

1

Feb

5%

10

26% Feb

33%

•

11

29%

a48

Apr

30%

50

31%

(Un)

Inc

31%

5%

—•

23 %

174

31

...

Brands

33%

28%

al6%

141

30%
30%
a32% 332"%
31

Sperry Corp

195

449

50c

>

9%

1,700

277/a

39

a22% a23%

3*2

143

4

25%

553

2

287

28%

1

a23

2525

—5

14%

60 %

a53%

Jan

Jan

39

(Un)

35 Vs

4

*

common

(Un)
Co

20

a40%

Inc__

St

650

20%

60%

9

Foods

Fine

27

60%

5

S

50

P100

•

10%

71 % Mar

93%

32%

Rights

14%

*

Mar

9% Mar

39

Petroleum

Calif

Southern

33%

a31%

Apr

81

25

a31% a32 %

33%

3

20

class

463

20

33V3o

__i>_12%
—

47c

10%

20%

25

Pictures

&

10%

5

a26% a27%

a26%

Co

RKO

6% Jan

48c

1

67

495

——.

47% Mar

Apr
Apr

48c

Oil

Riverside

Jan

1,240

•

Corp
Cement Co

144

23%

5 %

_l

20
305

119'A Mar

Apr

315

5

(Un)

Remington Rand (Un)__
Republic Steel Corp (Un)
Reynolds Tobacco class B (Un)
Rheem Manufacturing Co
Richfield

Apr

134%

40%

5

Preferred

Mfg

115

50

40%

(Un)—-—

Radio Corp of America
Rayonier Incorporated

Raytheon

258

115% 116%

(Un)

Oil

Feb

•

(Un)

9 %
a67

84%

Jan

Jan

34 %

(Un)
5
Studebaker Corp
(Un)
1
Sunray Oil Corp (Un)
-1
Sylvania Electric Products..——7.50

Apr

25%

134%

(Un)—

can

19%

Apr

115.%

Pulp & Timber

Inc

Apr

24

10c

Pennsylvania RR Co (Un)
Pepsi-Cola Co (Un)
Phelps Dodge Corp (Un)
Philco Corp (Un)
Philippine Long Dist Tel Co
Phillips Petroleum Co
Puget Sound

17

465

100

Corp

Paramount Pictures Corp

Pullman

704

24%

(Un)

com

Oil

19%

24

4

9 %

63%

a

Sterling Drug Inc

13% Mar

18%

100

-—

Corp

54%

32 %

preferred (Un)

Standard

61% Mar

117/B

56% Apr
11% Feb

•

common

Oil

58% Mar

Jan

t32'/2

preferred

Standard

Feb

58%

11 %

11%

Feb

54%

Feb

26%

•

preferred

55%

105

[ 34%

25
Southern Cal Gas Co pfd series A—25

Jan

804

25%
26%

56%

56%

224

•
15

j

4.48%

Standard

Jan

120

26%

•

common

27%

(Un)_.»

Stanley Warner Corp
Pacific Lighting Corn

Apr

81 %

163%

preferred

Standard

Jan

26%

26%

24%

5

(Un)

preferred

Convertible
4.56%

Southern

37%

26%

25

A_„

27%

31%

25%

28

b'/ti

75

Jan

6 % Mar

37%

25

,

5%

5% Jan

Apr

295

Jan

31%

25

5%

15%

a28% a28%

25

preferred

12% Jan

Feb

75

Apr

6%

Pacific- American

Pacific Gas

450

20c

3%

(Un)

Sugar Co (Un)
Oliver United Filters class
Onomea Sugar Co (Un)
Pabco

14%

20c

3%

(Un)

Olaa

Pacific

13%

1
-1

Corp

Co—

12c

Jan

9%

15

8

Petroleum

Oil

High

Jan

a56% a57%

155%

(Un)

Co

7c

52

a55% a56%

1

Signal Oil & Gas Co class A.—,
Occidental

Low

47,900

50
.1.40

:

Range Since Jan. 1

High
10c

Co

&

Water Co

Oil

9c

Shares

9c

(Un)-.

Cem

(Un)

Co

Low

_P.10

Mining

Mauricio

San

20% Mar

45

10%

of Prices

Par

High

Sales

for Week

Range

Skle Price

Range Since Jan. 1

High

Week'*

Last

STOCKS

Shares

a21%a21%

__

„

_I

common

Friday

Sales

of Prices

Par
North American

EXCHANGES
ENDED APRIL 24

for Week

Range

Sale Price

Monday, April 27, 1953

a—i

a22% a22%

•»

23% Mar

West

Petroleum

Coast

Western

Life

Air

pfd

(Un)

Insur

Lines

Inc

Western

Union

i

(F

1,170

4%

Jan

30%

577

28%

Jan

31%

Feb

10%

10%

850

10%

Apr

12%

Feb

9%

9%

2,770

9%

Apr

25c
*

common

Telegraph

W)

4%

29%

1

(Un).

(54%.

a54% a57 %

70

a__

a41% a41%

10

Westinghouse Elec Corp (Un)
Willys-Overland Motors (Un)
Woolworth

4%

30

5

(Un)

Western
Dept Stores
Western pacific RR Co

4%

—1

(Un)

10

10% Mar

a

12%

43%

43 %

480

a—

—

,

43%

Apr

.1

15

15%

300

12%

45 %

45%

608

44%

—_

49

Jan

10

Jan

(Un)

—

a__

Mar

15% Mar
47%

Jan

CANADIAN LISTED MARKETS
RANGE

FOR WEEK

ENDED

APRIL

24

ale Fries

STOCKS

Last

Par
$.1.50

b

Acadia-Atlantic
5%

Paper

common

Sugar

class

AgnewrSurpass

Shoe

•

*

,

---

preferred

Corp

Steels

8%

2,705

50
•

common

•
•

&

preferred

British Columbia Forest
Products
British Columbia Power
class A
Class B

,

Building
Bulolo

Ltd

Telephone..
class

12%

Mar

Feb

Feb

83 % Mar

24

Apr
Apr

27%

Jan

39%

Apr

45

37%

Jan

39 Vb Mar

10%

Jan

16

16

11%

100

14

Jan

18'A

18

18 %

5,145

18

Apr

17% Apr
21% Jan

48

175

•

4.85

4.80

4.95

_•

2,000

33%

33

32%

911

•

a7 %

a7%

46% Jan
4.80
33

Apr
Jan

a8

175

33

32%

33

310

1.20

32%

1.15

1.25

Apr

21,850

1.15

7

Apr

7

245

37

37%

355

6.40

6.40

100

•

on

47%

37

Exchanges

7—..

private wire

25
-

10 % Mar

123

Canners

A

$1.75

series

Canadian

Jan

100% Mar

99

Jan

100

Feb

74%

434

70

Apr

82

Jan

5

46

Feb

50% Mar

49

17 *

36 %

30%

A

18

175

17

1,825

37

*

Apr

19%

Feb

36%

Apr

40

Feb

33

Mar

30%

1,520

30 %

Apr

*

16

16. 16%

2,080

15%

Jan

18% Mar

18

18

1,530

17%

Jan

20% Mar

—*

common

&

36%

•

preferred

Chem

36

1,105

36

18%

y

36

37%

Apr

46

Jan

33

33%

230

32%

Jan

11%

1,480

9%

Apr

33%
13%

Jan

9%

;

25

Cellulose—

7% Mar

7

35

6.10

Canadian

Cottons

6%

Apr
Jan

Apr

Jan

Jan

Canadian

Fairbanks

—*

10

Locomotive

Canadian

5%

Mar

Jan

36% Mar
8%
35

1.25

Apr
Mar

Apr

8% Mar
40

7.00

Mar
Feb

Pacific

Farm

Corbys
Crown

*

Davis

Leather

Distillers

Co

Dairies

11

17% al7%

18

Apr

14

14%

705

13%

Jan

100

-100

55

99%

Feb

Tel: HAnover 2-9250

Jan

Apr
Mar

26

27 %

5,182

26

Apr

16

16%

935

16

Apr

19'

14%

14%

825

14%

Apr

16% Mar

I'25%

25

26%

13,205

25

Apr

34%

|

22

Feb

22%

Feb

Feb

10%

Jan

Feb

37% Mar

26%

.

475

9

360

a37

10

.

8%

•

4% Mar

4.25

6.60

73

76

1,415

12

73

4.25

26%

12

350

12

13% al3%

25

a—

V

25
•

8%
35

25%

26

*

pfd

125

21%

6.60

2

preferred

22 %

8%

a37

|

22.

t.

2.50

►

35

a

ROYA|BANK.
MO
Members:

3,835

24%

Jan

900

6.00

Feb

.,

73

Apr
Jan
—

Teletype: NYl-1979

Sffick.Exchange

InvestmOTt- Dealers'

Disject
New

BUILDING

N|T REAL,

Montreal.

The

NEW YORK

22%
15%
100

10

•

...

*

B

.

5%

Apr

*

.

Seagrams

Dominion Coal 6%
Dominion

Co

class

Apr

24%

% 14%

•

Dome Exploration
Dominion Bridge

25 Vb

Feb

•

—

—

Mar

a

25
•

Seal

24

22

•

Railway

A
&

25

75

14

*

Equipment

Glass

class
Cork

25%

100

Mining & Smelting

Consumers

25 %

*

Canadian Vickers
Cockshutt

Jan

a24% a24%

25

com

Canadian Oil Companies com
5 'k preferred
—

Consol
50

preferred
Morse

W. C. Pitfield &
Co., Inc.
30 Broad Street

Mar

98%

10

20

:

——.—

Canadian Celanese

11

Feb

100

49

17 y8

Ltd

Feb

22%

70

49

•

common

York,

-—

QUE.
Canadian Stock Exchange

Association

of

Canada

private wires with

Toronto

and

Maritime

Provinces

Branches

Halifax, N. S.




Jan

70

1-50

Breweries

our

Daee 47

21%

29 % Mar

100

coast to coast.

see

620

87
-v

all

Canadian
affiliate which has a

For footnotes

22%

100 100 %

•

common

——

Canadian

530

47%

Jan

High

Apr

27

Apr

23%

19%

9,091

_5

quotations

from

41

Apr

7,539

Canadian securities.
Orders bandied on all

direct

Feb

10%

•

Canadian

Class

38%

_*

Steamship

preferred

72

2,700

all% all%

Canadian Car & Foundry common

23% Mar

80

,

5%

1,350

28

..100

Canadian

95c

Apr

41%

•

through

1,280

Canada

78 %

22

—

:

Low

72

1st preferred. .100

Apr

Apr

11%

3,855

19%

Power Corp

—

Jan

10 Vs

B

Canadian Stock

25%

%

19

preferred

53%

38%

25

Dredging

Est

24

24

2nd

Range Since Jan. 1

High

27%

72
27%

common- —10

Canadian Bronze

38

10

Canada Northern

Canada Safeway Ltd

I

—20

Jan

21%

125

a80

Share*

Jan

75c

15

11%

Apr

39%

Products

Gold

350

common

8%

10%

....

Mills

153,451

a80

for Week

Low

#v

49 %

38 V2

Rights
Bruck

95c

23%

11%

19%

100

39%

50

Columbia

75c

Apr
41% Apr

9,212

22%

8% Mar

35%

Feb

17% Apr

•

Pwr

American

British

44%

a38% a38%

;

Jan

26 %
v

25

—

Lgt

—

14% Jan

Jan

16% Mar

400

38%

Ltd

Tract

25'A
98

High

Apr

Cement

$1.30 preferred
Canada Iron Foundries

1

•

8%

41%

100

±*ank Note
British American Oil
common
British Columbia Electric
Co—

5%

30

12%

100

35%

20

—

Telephone

Brazilian

British

a99

42

Bathurst Power & Paper class A
Bell

17%

Low

8%
35%
85c

Co of Can 4%
pfd
Anglo Can Tel Co 4%% pfdArgus Corp Ltd common

Atlas

420

,*

,

Aluminum

Asbestos

4,455

26'A
17 %

•

Ltd

Rights

4%%

—

100

Steel

Aluminium

13%

Range Since Jan.

High

12%

a99

A——*

Canada

Shares

26

12%

25

preferred

Algoma

of Prices

Low

•

preferred

8ales
for Week

Range

Sale Price
Abitlbi Power

Par

Week'»

Sales

Range

L*,»«

BTOCK9

OaaadlM fwto

Friday

Week'3
of Fricea

Friday

Montreal Stock Exchange

-

Sydney,

S.

-

Saint John,

N.

B.

-

Moncton, N. B.

33 Vb

J an
Jan

Jan

4% Mar
28

Mar

7.75 Mar
84

13
a__

Jan

y

Jan

<

*

Number 5215

...

V

.•

...»

.

,

Volume 177

..

.

....

The Commercial and^Financial Chronicle

CANADIAN LISTED MARKETS

I

•

(1827)

'

RANGE FOR WEEK ENDED APRIL 34

J
Week'it

Sale Price

of

Preferred

Red

Tar

Textile

Tic

Dow

25

97

Apr

99"

Jan

5%

59

Apr

63

Jan

6%

12%

,14

8,386

123/4

Apr

16%

13

•

23 %
—i^s_*

common

%

275

36%:

530

35

Apr

a20 a20 %

30

20

Jan

15%

35%

is

35

ioyf

io

10%

14 Vt

2,355

10
140

—.——100

140

140

140

2

*

_—.

12%

12%

12 %

200

16

•16

33%

16

•

Paper

Jan

16
.

Mar

40%

Power

Kootenay

Corp

Enamel

Heating

&

Products

Jan
Jan

140

Apr

14

3,795

15'A

Jan

16%

51c

33%

Feb

34

Jan

4.85

Feb

7.00

12 V*

8%

General

Ltd

,

8'/2

960

18Va

Jan

21

430

12

Apr

14

14

14%

1,165

14

Apr

17%

21%

21%

810

20%

Jan

102

i 103

40

101

Feb

105

y«

40

105%

Jan

5%
30%

2,682

59%

50

109109

5

.

3

34V2

59%

59 Va

Husky

Jan

Apr

59

*

Montreal
Nova

Apr

16%

Jan

17

Apr

47%

47%

47%

20

47 y2

Feb

3.85

3.9(5

808

32%

32%

33%
"

»:

32%

225

47%

Feb

Apr

39
16

19

10

12%

Apr

31

$1.40

preferred

Interprovincial

Public Service

Jamaica

Ltd

Labatt

t/c
Laura

Class

6'ic

Legare

B

2nd

Canada

Malting
Starch

Lindsay

MacMillan
Mailman

450
780

McColl

Ltd

B

105

30

140

Feb

14'/»

Apr

10%

Jan

200

7V2 Mar

8'/4

Jan

Dominion

—i

Dominion

13%

50

a—

—

a—

45

a—

—

ai%

25

102

20

M)2

16%

16%

lt%

18%"

18%

1$%

8'/2

&%

7

9

8,000

8V2
30 y2

1,816
325
..

36

365

cm

25%

24%

95

1$%

375

14

47%

169

46

25 Vi
.

Apr
Apr
Mar

24 y2

25%

14

47%

14 Va

Mar

16% Apr
18% Jan

675

31%

36

25%

Mar

100

125

8%

25%

Apr
Apr
Mar
Jan

t,

■

9

102,'-

20%

Power

Jan

Ltd

38

Jan

41

Jan

26 y2

Jan

Rolland

*

St

Goodyear
Great

27% Mar
36

Feb

78%

30

475

Apr

31

Jan

146

Mar

29%

25

145

Feb

310

19

Feb

20 y2 Mar

Series

A

4%

Sicks'

of

Breweries

36% Apr

755

20

Apr

23%

Jan

40

Mar

34

Viau

205

13%

Apr

14

Feb

590

14%

Feb

17%" Mar

98

Apr

99

30%

Apr

37% Mar

14%

1%

38%

5

Ltd

Ltd

Horner

and

r
-

16

920

24%

24%

-37%

38

895

a93

a93

52

*

9%

9%

•

86

9%

210

6Vc

4.60

39,325

4.70

4.70

2.25

500

,

8%
100

23%

23%

3.90

4.00

9

.

228

3.70

Feb

23 Va

Jan

Apr

4.00

23 Vt Apr

1,300

Apr

Feb

105

Jan

Feb

Jan

4.00

Jan

Feb

35%

Apr

3,25 Jan

4.50

Apr
Feb

3.40

60
345

•
*

34%

34 y8

35%

4,726

34 VW

Apr.

37'A Mar

12%

12%

12%

200

12 y2

Apr

14

22

22

1,100

22

Apr

26% Jan

Linoleum-—.,—*

30%

30%

111

30

—i—.*

68

68

45

Ltd

.

5,700

32

72

80

Apr.

3.75

2.50 Mar

Jan

Apr

'

*

.

•

22

22

*

a3.50

*

*■'7 %

:—1
•-*

24

24

135

1.10

1.30

4,300

Ltd-

59

61%

a60c

a80

Jan

8' Va

Apr

7'

Mar

"

25

Apr

1.10

Feb

2.25 Feb

Jan

Mar

68

40c

Apr
Feb

23

Jan

33

Feb

Apr

59

210

a28% a28 Va

30

60c

Apr

5.00

„4 Jan

24

819

•

com----*
—100

Mar

68

22 vz

3.50 Mar

400

7'/a

35'A Febv

Mar

22

50

%

.*•

66 % Jan

175

a3.25

22

Ltd———*

Shops

1.00

Feb

Can—-.*

97

97

98%

250

90

Jan

981/2

Ltd common—*

Co

15%

15%

' 16

3,225

15%

Jan

17%

Jan

34

34

150

33%

Jan

35

Feb

11

25

11

Apr

11

8%

8

of

*—.*
class A——*

W)

11

A—*
.———20
*

8%

8%

_—*

a26

class

(Can)

common

.

50

1,710

'=

38%

38 Vt

2,563

Canadian

London

50

150

a26 a26'/4

60

a51 a52'/2

30

5

MacLaren

11

*

Apr

43

Feb

Mar

Power

7%

&

50

52

Apr

11

Jan

Canada

Minnesota

50

3.15

Apr

14% al4'/2

475

13%

Jan

14%

52
15'/2

50

47%

Jan

52

Apr

783

15'A

Apr

16

Mar

270

14 V2

Apr

14'/2

Apr

5%

Apr
Apr

'5%

Apr

11

*

Feb

Jan

Newfoundland

21

21

22

350

20

Feb

22

Apr

Nuclear

a

52
15va

_*

15va

14'/2

——10

14'/2
&5vz
10

10

10

Power pfd:
"
—10

,a6'A

a6'/4

25

1.40
25

1.40
26

25

1,000"

a7%

Paper Co—-—5

6%

Ltd

pfd

—

Ltd

10

1.21
15%

22%

Feb

99

Apr

12%

Feb

17

1.20

Feb

26

391

24%

Feb

Jan

&

Enterprises

Pr

Ltd

-10

Ltd-

Co

355

18%

Jan

3.15

Jan

25

—^—*
*

—

Orange Crush Ltd

———;

23%

Apr

Power Corp

29%

? 30

314

27% Jan

30

Feb

29 %

29 %

1,835

29 V2

Apr

34'/4

Jan

30%

30%

130
3b %

125

30%

Apr

34

Jan

part 2nd' preferred
_50
Corp class A—~—0
Reitmans
(Can)
5%
red pfd——-20
Russell
Industries Ltd—
*

14%

14%

1#%

922

13%

Jan

17

4.50

4;50

100

2.30

2*34

1,800

975

130

130

130

15

13%

13%

l%/2

45

45

15%

15%

fa

2.30

v;«5

$8

2.80
131

Apr
Jan

Mar

Jan

14y» Feb

Apr

45

6%

N

of Can 6%

cum 1st

pfd:
100
Traders Finance Corp
new class A—*
Trans Mountain Oil Pipe Line*
Transvision-Television
(Can) Ltd —*
Southern Canada Power 6%

Apr

16

Mar

Jan

47

Feb

48

Apr

48

Gas-of Canada

United

Fuel

class

A

200

6.00

Apr

Jan

Watson

(Jack)

60

26'/a

Jan

30% Mar

Westeel

*
50

19%

19%

250

18%

Jan

20'

Ltd
pfd

—0
*
*

Products Ltd

6|8

805

6

Mar

6.75

Union

6X0

6%

3.50

—

alll

allO'/2

58

58
a24

—

7%

MONTREAL

TORONTO
CANADIAN

276 ST. JAMES

HART

&

Mar

Windsor

Hotel

&

Co

Ltd

19 '/a

Ltd

you

STOCK

Telephone

55%

700
6

a—

—

—

Jan
—

33

—

all
a22
33

Jan

27%

Apr

34

Jan

11c

100

Mar

a

list

607

1181 St. Catherine Street West, Montreal
TROIS-RIVIERES

sherbrooke

ST.

ST. JAMES STREET
Tel.

JOHNS, P. Q.

46%

Feb

17c

Jan

80

57

Apr

57

Apr

12%

Jan

405

11 Vz Mar

181

22

Apr

23 Va

Feb

82

30

Jan

33

Apr

IN CANADA

Established

:f

125
Apr
30'/a Mar

291/4 Mar

Exchanges.

KIPPEN & COMPANY INC.

PL-9501

Members

of

The

1922

WEST, MONTREAL

UNiversity 6-2463

Investment

Dealers'

—

Jan

Feb

the field of

Orders executed on all Canadian

Apr

26

EXCHANGE

Offices

57%
a—

Jan

Jan

50

Investment Securities
Branch

3.70
112

24

Apr

ENQUIRIES INVITED

WESTf MONTREAL

19% Mar

19'/2 Mar

118

40

545

27%
57

all
a20%

all
a20%

Jan

26% Mar

19%

1,905

27'/4
57

27%

Jan

27 y2 Mar

19% Mar

10

.124
28
36%
14c

Jan

investments.^ We shall be glad to
of suggestions, including Canadian western oil and mining

stocks.

STOC$ EXCHANGE
EXCHANGE

109

1,055

123
27'/2
35%
14c

—

27 V2
36

6V2

.

Feb

STOCK

ST.

alll
59'/2
a24

Jan

a—

a

65

al9% al9'/2
19 Mi
20

—

INVESTMENT

SAVARD

3.50

Apr

15

30%

6'/4

pfd-100

C

Quebec Telephone

6.00

_*

60
270

Apr

43%

25

—

Feb

45

1,255

48

4'/2

11%

205

44

48

Feb

Feb

125

1

44%

Jan

4

1,455

_

Feb

Apr

1.50

Feb

24%

,

Mar

21

929

22

20

25

15

Lt

3.40

5%f Feb

275
200

1,045

19% 19%
a3.00 a3.00

—

—•

*

12

Mar

22

al4%

Co Ltd com_10

Moore Corp common

45

50

Jan

all

a5V2
10

Ontario

&

Jan

a3.15

w*

Light &

of

,

all

Paper Co

Distilleries

Mexican

Apr

21

Jan

26'A' Apr

Jan

&3.15

;

Mica

Feb

15

Jan

28

1

Limited

Jan

,

4.95

Jan

1

preferred

Maxwell

19%

a

MEMBERS:

3.80

Corp

Invest

Maritime Teleg and Tel

42%

*

24

Jan

24

a24

Apr
Jan

class A

(Walter M)

Lowney Co Ltd

47 y2

i'44

9%

8'% Mar

4.50

a24.
4.50

50

preferred

Inc

38%

page 47.

.

3.75
10 %

Jan

94

"

100

.

Jan

8%

14,304

103

,

3.50

10

a3.00 a3.00
9

100

72

Rubber

&

(Alfred)

25

a




Apr

5y8: Jan

4.55 Mar

3.00

Canada has much to offer in

see

4.65

Apr

Jan

72

Candy

convertible

Lambert

50

_

For footnotes

10 'A

'Apr

'

4.25

Jan

,3.00

Foundation

225

common

QUEBEC

17% Mar,
53% Jan

Jan

3.00

5'h
preferred
Interprovincial Utilities Ltd

a49

a

Worts

Gas

Jan

common.-—*
..100

Steel

Paints

International

20%

44

'

common-

Central

Jan

6%

72

& Worsteds

(Frank

a49

•

Abo

a

-

Apr

37

Hayes Steel Products Ltd

19%

'

a
_

5%

Apr

4,50

&

Paner

19%

_

Leaseholds

(Geo)

49% Mar

37%

4.50

•
.

-—!

&

98

?.;33

21

*

Grocers Ltd

Winnipeg

30%

38%

*

pfd

Apr

4.00

Products

'fire

Lakes

Melcehrs
98

__

Com-

Gooderham

Western

-

30%

•

Cotton

Wabasso

Wilsils

Jan

o

—

__

Biscuit

weston

21

$

Ltd

Tobacco

Walker

Hy* Feb

Jan

*

Steel

Western

Jan

18%

50
j

Oils

United

Apr

12 %

465

Ilio

_

&

Stores

Tuckett

27%

470

20

0

Tooke Brothers
Triad

1,885

corn-

Power

Preferred
Thrift

1,285

27%

—•

Canada common—

47%

650

Mar

36

35

.-*
*
*

common

Canada

of

Jan

1,075

♦

Co

Jan

20

Southain Co

Steel

Mar

140

24%

Jan

•

com

90

97 y2

Jan

115

36%

common

Southern

52

Jan

115

45

-100

Canada

certificates

trust

Voting
Simpsons

Mar

48

15

115

i

preferred

Williams

Jan

Apr

270

68%

*

& Power
preferred

Class B 4'/2 %
Sherwins

72

68

230

•

Wiater

Shawinigan

Feb

Jan

Apr

Feb

——

Lawrence

42

90

Jan

Apr

*

Power IV*%
pfd
Corp common

Saguenay

Feb

37%= Jan

1.45

35%

Foreign Power Sec Corp Ltd
6% redeemable preferred

Apr

100

Ltd

54%
25 %j

Apr

4.50

;

Farmer

Jan

Apr

common

Oil Co

Jan

24%-' Jan

Jan

3.90

L)

Oilcloth

Steel

Eastern

26

Apr

:

Paper

Royalite

Feb

46

Jan

8%
1.45

35%

Structural

15%

1
•

Quebec Power

45

40

Jan

9

100

4,635

j

Apr

200

3.95

Square Corp

47%

25

common

Transport

Apr

47

*

Fanny

66

——*

Co

&

Bros

36

47

3.90

Fleet Mfg Ltd
Ford Motor Co of Can class A——

33

Canada

Corp of

Price

36

36

*

Jan

50

Powell River Company

Provincial

Feb

36

A—_10c

Jan

870

—

——

50

15

100

,

class

18%

2,821

:_*

Tubes

30

*
*

com

10%

•
100

common

preferred j;
Placer Development

51%

15

13 %

common——*

Alcohols

Dominion Woollens

Apr

66

_

6'/«

17%

4.25

Engineering Works Ltd

Investment-

Page-Herscy

l6'/2

a__

100

4.50

Dominion

Mar

25

*

0

preferred

Penmans

pfd

Adv

Dominion

*

Car

Weaving

Ogilvie Flour Mills common

v

a-_'

•

17%

100

Ltd (R
'J-'

Apr
8% Mar

40

Products

Paper

7%

Gen

Craih

150
475

—s

a5%

.

*
—

Lumber Co

Consolidated Paper Corp

.9%

119

;

a5

5

:

Commercial

Jan

im

*

—

—

Steel

144

9

30%

48

1

redeemable pfd

5%

Apr
33 V* Feb

Jan

40

36

47%

MachL—

&

Combined Enterprises Ltd

18

31%

31

48

51'%

B

13%

*

60

*

Co__

Products class B—

Neon

Class

14% Mar

Jan

7%

Noranda Mines Ltd

T/c

Jan

17

a2p %

Telegraph

Ontario

12%

a140

*

90

a57/8

Co

&

Power

14%

•

Steel

Claude

Feb

7%

B

9%

•.

common

Fdry

Western

Catelli Food

Jan

29%

a 7'%

Locomotive

Wire

32 y4

Apr

al9

Ltd class A

Montreal

National

Apr

20%

al40

*
•

class

8%

9 va-

——

Rand Co——
Trust com

Cassldy's Limited

Feb

a20%

priority

Montreal

Niagara

Canadian

Canadian

Jan

.25

(Robt)

Class

70 y2

29

940

—

Jan

a__

8%

9%

Jan
Mar

29%

.25

Oil

Frontenac

Breweries

Molson

475

5,345

30%

—

35,000

9%

Apr

1.45

1

Inv

Marconi

9

Bloedel

&

64
Apr
27% Mar

1,700

Massey-Harris
Mitchell

29%

Ingersol
Inter

Canadian

29% Mar

—

High

Low
7

7,580

.

13%

&

Conadian Javelin

Jan

55

com—.

—^

7%

Mar

Apr

.—3

Range Since Jan. 1

High

1.45

Preferred

preferred

Corp

12

40

■_*

Shops

Mar

35% Mar

Sales

7

——

Ltd

Co

Dredge

Canadian

36%-Mar

Apr
Mar

46 y4

_j.——.—

W)

(C

8 y2

33

Apr

A

Ltd

32% Jan

Apr

al40

Feb

42

13%

Ltd

Co

Canadian

36% Mar

24 y2

21 y8

——i

Bros

Jan

48

8
25

Ltd

33

Apr

Shares

of Prices

7

Dock Co Ltd-—*
Canadian Gen Investments Ltd
*
Canadian Industries Ltd common-—*
Canadian

Apr

38%

.100

preferred
6% preferred

Lewis

6"

425

_

Jan

38%

31% Jan

for Week

Range

Low

5

—

1st preferred
preferred

conv

Butterfly Hosiery Co

Mar

1,902

Woods common—__t—

class

Laurentide

24

9,714

17

preferred
Secord Candy

30

800

(John)

of the

Lake

Line

Jan

38%

—

31

625

Week's

,

Canada & Dominion Sugar

Feb

48>/2

Corp

Apr

90

B

$5.00

Jan

10%

5% Jan

2,720

*

Pipe

36%

Jan

24%

International Power

Utilities

23

25
33

Apr

9%

7.50

Ltd

Jan
Mar

Funds

A

class

Packers

Columbia

Class

Jan

40

•

34

Lust

Brown Company common-.

Feb

175

International

Feb

Feb

58

38

Co

34%

Sale Price

Jan

Apr

8%

Petroleum

34%

1,291

Par

Mar

44% Apr

100

International

1,197

stocks

Apr

17

350

_____

common

33
39 '/2

Friday

3.90 Mar

14% Mar

4,825

common

32'/2
39 '/2

—

10

British

2,208

23

Canada

32'/2

Canadian

Canada

common

27%

10

Feb

3,357

4,410

Paper

30

——10

Apr

%

,f!5
W/a

17

5,866

of

30%

Mar

Canadian Stock Exchange

•

10

Nickel

24

27%

;

$3.00

31 va

Intl

Jan

28% Jan
27% Apr

27%

Anglo Nlfd Development Co
Bickle-Seagrave Co Ltd class A—

47%.

15

44%'

3.25

445

Ltd—
*
Imperial Tobacco of Canada common_5
\<Jc
preferred
25
6%
preferred —i_:——_
j__—_£1
Industrial Acceptance Corp common—*
SI.50
preferred
30
Inglis (John)
0
Oil

International

23

962

100

:
:

.

Jan

103

-—-—1

Intercolonial Coal

402

30'%

-

10

—

Jan

67% Mar

99%

17 y4

Imperial

23%

30

30

-

Scotia

Mar

5%

42

45 %

:

common

Oil

23%

23%

45 Va Mar

795

—

Alabastine

Paper

4.95

34%
-

99%

*
•

Smith

325

16%

Bay Mining & Smelting—*

Hudson

29% Mar

—10

——

Feb

,

99'/a

•

Howard

25%

Jan

22% Mar

.

3.95

—100
—50

Hamilton Bridge

Apr

16%

*

preferred

Goodyear Tire 4%
Pfd
Winnipeg Transit
Gypsum Lime &

35

5

Motors

Greater

Jan

25

——10
an

109% Mar

102

*

—

—

14% Jan

—

General Steel Wares common
5 r/c

400

12%

100
—100

Dynamics

25

25

Apr

8%
20%

:

Bakeries

preferred

ftoyal

12

•

General

325

25'%

Jan

50

20

common

General

25%

25%'

Apr

11 y2 Mar

5

10

a

8'/2

•

preferred

25%

25'%

25

Feb

12

common

preferred

5 % ric

23'

25

preferred

Dominion

Feb

75

20

Power

Gatineau

Jan

common

Commerce

Jan

•

Ltd

Co's

18'/2

t

Limited

Canadienne

10% Jan

1

Foundation Co of Canada common
Fraser

alO

*

—

Players Canadian Corp

Famous

405

Banks—

Feb

12%

a7

a7

___•

1

Electrolux

High

Low

21%

Jan

20%

'

'

East

Range Shice Jan. 1

Shares

High

21%

Jan

Ltd common

Brewery

Dryden

Zellers

200

Ltd

Bros.

Jan

97

33 Va

preferred

Donohue

15'/2

59

common—*

preferred

Dominion

Apr

for Week

of Prices
Loio

Par

High

97

'—-—:

Chemical

&

12%

59

---*

Dominion Steel & Coal
Dominion

Low

1,205

Sales

Week's
Range

'

Sale Price

•

common

Dominion Stores Ltd

Range Since Jan. 1

-100

—

Glass

Dominion

Shares

13

Friday
Last

stocks

Hiah

12 y2

com-;_*

Steel

&

Price^

Low

Par

Foundries

for Week

last

STOCKS

Dominion

Sales

Range

Friday

Association

of

Canada

send

43

44

The Commercial and Financial Chronicle...

(1828)

Monday, April 27, 1953

CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDED APRIL

Canadian Stock Exchange

Friday

(Cont.)

Last

Par

Mining

Mines

Ascot

Range Since Jan. 1

High

Low

Ltd

—

—I

Sulphur Mining Corp
Ltd

Corp

35c

2.25

2.50

29,500
12,400

lc

•

Ltd——

Metals

31c

2.28

—•

lc

3c

5,800

13c

12c 14 %c
90c

90c

33c

47c

82,750

40,500

Apr

2.25

lc

6,200

46c

__1

i

31c

Apr

Apr

12c

Jan

62c

Feb

35c

Apr

3.15

Jan

3l/2c Mar

Oils

Barvue
Base

Ltd

Mines

Ltd

Mines

Metals

—1

——

—

19%c Feb
1.04

Boreal

Apr

Gold

Gold

Mines

4c

Jan

9c

Jan

15c

Apr

84c

Feb

85c

Apr

4.10

Jan

40c

Feb

7c

15c
54c

40,000

85c

2.55

2.60

518,950
18,950

11%C

10c

14c

41,000

4c

6,000

3c

Jan

8c

Asbestos

33c

42c

60,800

25c

Mar

46c

Apr

18

19%

2,085

23 %

Apr

1

Mines

Chibougamau

Mines

Ltd

Canadian Admiral Oils Ltd
Canadian

Atlantic

Canadian

Devonian

Oil

Co

Feb

4.00

1,100

70c

27,050

3'/2c
7.85

400

6.80

Feb

7c

X

—*•

—.1

Ltd

21c

1

8c

2,500

6%c

Jan

'

Dalhousie

Mines

Dominican

Donalda

2.30

Jan

4.50 Mar

50c

Apr

1.50

1

*

Ltd

Oil

3c

Jan

3,000

4%c Jan
9.40 Mar

19 %c

Feb

13c

500

13c

Mar

18c

Feb

2,000

6c

Jan

14c

1.05

15.8C0

1.00

3.70

6,500

1.85

Feb

4.40 Mar

10c 10 %c

1,500
15,275

9c

Apr

14c

Jan

20c

Apr

38c

Jan

20c

22c

41c

7c

Jan

Jan

6c

2,500

Jan

1.35

10c

Feb

4c

2,500

4c

Jan

6'/2c

East

Sullivan

__1

42c

13,000

40c

Apr

54 %c

Apr

a20

a20 a20%

3.15

3.10

3.40

6,900

68c

70c

3,000
1,500

1.10

70

19 y2

Jan

2.90

Feb

50c

Jan

22% Mar

Falconbridge

Nickel

Mines

.

1.12

4.50

4.35

4.90

5,900

-i

1.90

1.65

1.90

35,000

17

16%

17%

1,110

16%

Apr

23%

Mines

Frobisher

1.10

1.37

66,200

80c

Feb

1.53

God's

4%c

8,200

2c

Feb

6c

7.00

7.80

3,000

5.90

Jan

9.25

300

1.02

Jan

500

1.75

Apr

2.25 Mar

4.15

4.15

4.40

800

4.15

Apr

5.95

3.50

3.50

900

60c

62c

15,000

*
Ltd

1

79c

79c

1,000

Apr

Goldfields

Uranium

Grandines

Mines

1.30

1.28

1.38

2,400

29c

30c

4,000

10%

11

2,150

17c

69,000

*

Mines

*

Ltd

Heath Gold

Mines

*

Hi

Gunnar Gold Mines Ltd

National

British

Oils

Petroleums

Ltd

Corp

Ltd

Sweet

Tor

10%

79c

1.20 Mar

29c

Apr

3.95

Jan

2.05
61c

4.45

3.15

4.45

91,650

48c

Jan

5.00

95c

1.10

71,000

80c

Mar

1.85

3%c

3V2c

3,000

6c

1

Ltd
--1

—1

10c

1

11 %C

1

Mackeno
Merrill

Ltd

New

Island

New
New

Cons
(

Formaque

New Louvre

Mines

Nocana

Gold

Oils

Mines

Steep

43/,c

6C

6,500
1,500

6c

Gold

Rock

Iron

45c

82c

Apr

50c

Apr

85c

Jan

62

Apr

69%

Jan

66c

Mar

48c

18,600

38c

Jan

19c

19c

2,000

12c

Mar

12 %

200

19c

Apr

14%

Jan

Apr

41c

1,500

5c

Jan

8c

Jan

13,000

40c

Mar

65c

Mar

25c

38c

38c

1,500

1.20

1,000

12c

15c

35c

8%c

34,500

40c

45c

6,500

40c

Mar

66c

Feb

13c

3,200

10c

Jan

18c

Mar

10c

Apr

19c

Jan

Apr

36c

Jan

Apr

36c

Jan

12c

2.95

600

28c

34c

14,500

8,500

8%C Apr

2.75

Apr

27c

95c

95c

700

*

1.45

1.45

1,000

1.50

1.50

1,000

1.50

14c 15 %c

29,000

Jan

1.45

1

1

3.70

3.55

3.70

400

1

20c

20c

21c

6,500

14c

16c

Apr

33c

10c

1

Jan

1.65

3,000

2.75

14c

47c

Apr

1.20

8,500

2.75

94c

16c

Jan

77e

Jan

Mar

1.05

Apr

Apr

2.15

Jan

Apr

2.00

Feb

8%c Mar

15 %c

Apr

3.05
20c

Jan
Mar

3.55

33c

Feb

Jan

2,500

14c

Feb

1

70c

70c

78c

8,500

70c

1

Apr

lie

11c

13c

18.000

8c

Jan

24c

Mar

1

4%c

4%c

5y2c

10,900

4c

Feb

7c

Jan

17

17

100

*

I

2.40

2.40

15 %c

17

2.55

7,700

13 %c

17c

57,601

8%c

4.30

4.40

910

4.30

45c

Apr

1.60 Mar

27c
1.54

22

Feb
Jan

Jan

Wilrich

3.40

Feb

Jan

17c

Apr

47c

3,500

45c

Apr

63c

Jan

5c
*

5C

4.500

5c

Feb

8c

Jan

40c

4.000

32c

Jan

50c

Mar

13,500

7c

Apr

14c

Feb

l

10c

7c

10c

I

7.00

6.85

7.25

4,150

6.85

Apr

9.70

Feb

1

2.15

2.10

2.35

4,500

2.10

Apr

2.99

Jan

l

21c

2ic

24c

14,600

20c

Mar

39c

60c

67c

100,300

53c

Apr

67c

I

1.25

1,000

1.20

25c

Apr

21c

25c

44,500

1

11 %c

Jan

3.55

3.50

3.80

12,200

2.40

Jan

20

Ltd

2.75

20%

500

2%c

2%c

10,000

2.55

3.10

31,100

43c

20

Apr

2'/4c Apr
1.38

Jan

I

45c

14,000

43c

26c

Apr

26c

28c

6,000

26c

2.40

Apr

2.20

2.60

9,700

3%c

4c

9,500

53c

59c

18,900

,

Ltd
—

1

54c

2.20

Bailey Selburn Oils & Gas class A—_1

3c

1.65
46c

4.70

100

1.75 Jan
2.20 Feb
8c

Apr

11c

Feb

2.25

2.55

600

2.25

Apr

3.30

Jan

11%

Feb

13

11%

1,200

1.75

1.82

2,175

1.00

500

—*

2.55

2.55

500

53c

Apr

1,050

45c

500

Calvan

11 %

«

1,700

11%

Apr

a5.90 a5.90

30

5.65

Feb




11

1.40 Jan
90c

Apr

2.23 Mar

2.99

Jan

2.65 Mar

Mar

2.25

Feb

1.68

Jan

2.80 Mar

54 c

53c

56c

50,300

51 %c

Apr

77c

Feb

39c

35c

40c

14,500

35c

Apr

60c

Jan

3.30

500

1.14

40,000

1.21

23,150

1.30

1.19

3.35

1.14

1.15

*

•

Homestead

1.45

4,000

80c

84c

1.33

1.33

1.41

28c

23c

31C

74c

75c

1.30

41,200

74c

1.14

1,300

1

3.25

89c

11,650

10c

lc

Oils

Territories

2,075

Oils

Petroleums

Ltd

Ltd

We

75c

Feb

3.85 Mar

Apr

1.35

Jan

1.45 Mar

Apr

1.50

Mar

90c

Jan

OIL

1.33

Fdb
Jan

Apr

1.65

27c

Apr

31c

Apr

74c

Apr

1.10

Jan

Jan

STOCKS

prepared to comment on your
holdings of Canadian oil stocks
are

Inquiries Invited

C.

C.

200 BAY

FIELDS

&

CO.

STREET, TORONTO, CANADA

Members

The Toronto Stock

Toronto Stock
Friday
STOCKS

Last

Sale Price
Par
Abltibl

Exchange

Exchange

Fund*

ft

Range

Sales
for Week

Range Since Ian. 1

Shares

Low

Preferred

._100

Acadia-Uranium

1

*

13%

6,055

12%

26

26 VB

1,845

7

A

12%

26

.20

High

12%

Paper common..

preferred
Acadia-Atlantic common
Class

Week's
of Prices

7%

760

17%'

Power

17

17%

195

100

100100 y8

Low

17 %c

19c

14% Mar

25%

Jan

26%

6%

Feb

7% Mar

16%

Feb

18% Mar

97

Jan

100 Vs Mar

14c

Jan

48c

Feb

16 %c Apr

27c

Feb

18,300

17c

16%cl8%c

19,200

Agnew-Surpass
AJax Petroleums

8%

,8%

930

Akaicho

&

Yellow

Albermont

8%

High

Apr

90

18c

Oil

Acme Gas

7

Feb

9y4

Feb

Feb

1.47

1.55

35,720

1.30 Feb

1.65 Mar

1.05

1.10

5,600

1.05

Apr

1.35

Jan

2.18

2.18

2.43

39,100

2 10

Jan

2.80

Feb

3.25

Petroleums

1.42

1.05

Knife.

Alberta

Consolidated

Alberta

Distillers

Alberta

Pacific

Aigoma

Steel

Gas

voting

3.40

1,300

3.25

Apr

3.85

Feb

1.60 Feb

2.25

Jan

*

ctfs—*

1.60

1.60

1.60

300

1

trust

32C

30c

33c

7,000

Cons

of

Apr

43c

Apr

49 y2

*

35%

35%

38%

2,722

42%

41%

44%

10,461

41%

Apr

53 y2

Jan

22%

22%

23

535

21%

Apr

23 %

Jan

35%

20C

1,900

18c

Apr

86C

Leduc

American

75c

94c

101,761

75c

Apr

94c

Apr

34c

34c

38C

15,100

34c

Apr

54c

Jan

Jan

19c

1
Ltd

Nepheline
Yellowknife

Petroleums

•
1

70c

5.500

65c

Mar

74c

22c

20c

24c

20,900

20c

Apr

40c

14

14

15%

1,'ZbO

Lead

•

2.30

2.28

2.60

14,100

Petroleums

1

Oils

Ana con

Anchor

class

A

67c

30c

1

American

4.70
40c

Jan

*

Larder

—

American

Amurex

Jan

•

Canada pfd

Amalgamated
Rights

30c

25

—

Aluminium Ltd
Aluminum

10c

10c

13c

6.50

6.85

13 Vb

Jan

2.28

1,140

18 Vb Mar

3.30

8,165

12%

Jan

9.15 Mar

29,750

6.60

Anglo-Canadian Oil

10c

Apr

Apr

6.50

21c

Jan
Jan

Apr

8.25

Jan

12%

Jan

13%

Jan

Anglo-Huronlan
Anglo Rouyn Mines.

55c

55c

60c

6,100

35c

Feb

80c

Feb

Ankeno

19c

16 %C

19c

16,000

16c

Apr

30c

Jan

6c

6c

7c

19,400

6%c Jan

10c

1

13c

13c

16c

3,500

9c

1

41c

38c

41c

16.001)

32c

11%

ll7/8

12%

560

11%

80%

80%

80%

130

Mines

.

Consolidated Resources
Aquarius Porcupine
Apex

•

Mines

Corp

Argun

common

Preferred

100

Arjon

Feb

Jan

29c

Feb

Jan

55c

Jan

Feb

12%

Feb

78%

Jan

82% Mar

Ascot

10c 117/bC

Metals

14,060

8c

Jan

16c

Jan

14 %c

12%c

15c

34.500

6%c

Jan

24c

Feb

80C

80c

94c

96,960

60c

Jan

1.04

17%

18

385

17%

Apr

19

1.68

1.61

1.70

27,460

15c

15c

16c

20,160

19%

19%

20

2,155

11 %c

Gold

Armistice

Corp.

Ashdown
Asner

Oil

Athona

Hardware

class

B—

Co Ltd_

Mines

(1937).

24%

.10

1.60 Mar

1.88

Gairdner 8

Jan

3.25

27c

Feb

19

Apr

23%

Jan

Gompanij Inc.

66%c Mar
43c

Telephone: WHitehall 4-5336

Jan

Canadian Affiliates

Apr
Mar

80c

Jan

5.90 Jan
54c

Jan

13% Mar
6.60

Jan

SECURITIES

Gairdner & Company Limited

Feb

Jan

40 Wall Street, New York 5, N.Y.

Apr

Apr
Jan

14c

5%c Feb

CANADIAN
4.70

page 47.

2.25

1.00

Feb

45c

see

2.05 Mar

Jan

4.70

For footnotes

Feb

1.65 Feb

Feb

7c

11 y»

Ltd

41c

Jan

4.40

•

Petroleums

Jan

*

4.80 Mar

Jan

25c

1

55c

200

700

Atlas Steels

Apr

Calgary & Edmonton Corp Ltd

Petroleums

10,600

1

Oil Stocks—

Caialta

47c

1.70

Apr

1.20

«

Ltd

44c
1.70

Jan

67c

Ltd

—

Petroleums

44c

Jan

Mar

5.80

Western Tungsten Copper Mines Ltd—

Antone

Jan

CANADIAN

Area

35c

.

Ltd

Mines

Jan

13.25

Jan

4.20

Apr

38c

12c

10c

Ltd

Weeden Pyrite & Copper
Wendell Mineral Products
Mines

Mar

12 %c

40c

Ventures Ltd

Westville

1.10 Jan

Apr

12 y2

1

Corp

2.55

Apr

500

(1.50

20,500

Ltd

Malartic
Violamac Mines

Jan

48c

Ltd

Mines

Jan

Apr

8.50

8c

Feb

25c

30c

Tobrit Silver Mines Ltd

Vinray

9%c

Apr

5V2C

Tache Lake Mines Ltd
Mines Ltd

Asbestos

110

Jan

5c

Tazin

Mines

2,500

62

4c

16%c

12'/2

46c

Mines

7.50

1.20

939

Jan

40c

Sullivan Cons Mines Ltd

United

1,000

50c

Jan

26c

Ltd

(1944)

Mines

Trebor

82c

62

12c

6c

40c

Ltd

Gold

Apr

2,300

1.95

Limited

8.60 Jan

5'/7c

Quebec Smelting & Refining Ltd
Quebec Yellowknife Gold Mines

Standard

9,500

Apr

•

l

Corp

5.80

1.30
9.00

Jan

7%c

7.90

l

Rlx-Athabasca Uranium Mines Ltd
Rpyran Gold Fields Ltd
Bherritt-Gordon Mines Ltd

7.850

1.20
8.85

Feb

»

•

7.10

1.20
9.00

Jan

80c

1

Que Chibougamau Gold Fields Ltd
Quebec Copper Corp Ltd

Mines

47c

8%C

Ltd

Mining

Apr

70c

19c

•

(Quebec)

5.80

Jan

Jan

Apr

50o

Ltd

6.75

40c

2.30

—

Jan

33c

Ltd

Apr

8c

Ltd

Oils

Jan

Jan

Ltd

Mines

10c

12c

14c

20%

32c

12c

Pato Cons Gold Dredging Ltd
Goldfields Ltd

Gold

161,000

Jan
Mar

26c

38c

Eerchcourt

Siscoe

25c

1

Paramaque Mines

Stadacona

12c

17

1
—

Ltd

Soma-Duvernay

7%c Jan
10c

400

50c

Ltd

Ontario Pyrites Co Ltd
Opemiska Copper Mines

Quemont

4,000
5,950

715

1

Normetal Mining Corp Ltd
Nubar Mines Ltd

O'Brien

10c

19%

1.20

Mines

Mines

9c

11c 12%c

150

Mines Ltd

Santiago

25c

Apr

53,500

*

-

36,100

1

Feb

34c

82c

*

New Pacific Coal & Oils Ltd
New

24c

Apr

45c

Ltd

Mines

Goldvue

Jan

39c

62

Dredging Ltd
Mines

10c

32c

7.90

I

Scotia

Delhi

Jan

1,000
2,300

7c

5

Mining Corp Ltd
Mines Ltd
Corp of Canada Ltd
Mogador Mines Ltd
Monpas Mines Ltd

Nechi

3c

13c

32c

1

Ltd—

32c

Feb

7.90

l

Ltd

Mines

25c

Jan

Jan

16%C16%C

Mining

Montauban

27c

15% Jan

34c

39c

_..l

Mclntyre-Porcupine Mines Ltd
Minda

18c
18c

49c

1

Mines

Apr

7.90

1

Ltd

Mines

Apr

Canadian

Ltd

Lingside Gold Mines Ltd
Louvicourt Goldfields Ltd
Macdonald

18C

*

Lafayette Asbestos Mines Ltd
Mines

12%

12 %c Mar

32c

19

•

Mines

Mines

34C

__1
Ltd

13%c Jan

12c

-

Keyboycon Mines Ltd

Lake Shore

55c

1

5[Feb

Lavalie

30,900

1

Empire Oils Ltd
Oils Ltd

Feb

Mines

Gold

Jan

80c

*

Feb

1.05

Inspiration

Ladulama

Jan

1.10

55c

1.95

Ltd

Feb

1,155

Mines

12c

1

Jan

13%

4,501

Kerr-Addison Gold

Apr

2.80

2.28

Ltd

Oils

Feb

13

Kayrand Mining & Dev Co
Kenmayo Yukon Mines

3.70

10c

80c

90c

Trans-Era

Western

15c

_

Apr

Apr

2,000

*

Oils

Grass

Jan

15C

Ltd

25c

6,200

10c

*

Ltd

Ltd

American

2.40 Mar

14c

Ltd

Apr

3.10

10c

—_—*

Oil

Ltd

Oils Development Ltd
Sapphire Petroleums Ltd

6.70

12%

Mines

21 %c

500

2.80

1

Oil Co Ltd

Phillips

Apr

—

Jardun

Jan

•

Co

Pacific

Feb

13

Jaculet Mines

Jan

80c

•

Quebec

1.05

16c

Mines

4.25

Jan

Jan

Apr

•

Dominion

&1

Oils

4.35

1

Lake

21 %c 21 %c

•

Okalta

Western

-1

Uranium

Apr

1.56

1

Pacalta

Jan

-5

Jack

3.50

6.45 Mar

60c

1

Ltd

Petroleums

New

1.63

Hoilinger Cons Gold Mines Ltd

lao

2.85

*

Ltd

New

Apr

Hudson Rand Gold

Mines

21 %c

•

5.10 Feb

1.29 Mar

*

Ltd

Mines

60c

1

Ltd

Feb

79c

_

♦

Gold

5.40

Apr
Jan

Feb

7.00

1

Ltd

Limited

Lake

95c

Apr

4c

*

(1945)

Apr

67c

Jan

1.21

_..

Fenimore Iron Miles
Fontana

1,500

12,100

&

Co

Oils

United

1.10

•

Ltd

68c

Jan

1.12

Ltd

Oils

Kroy

Apr

84c

1
—

12% Mar

5.40

Ltd

Co

Ventures

Oil

Tri-Tor

1.10

Ltd

Corp Ltd

Apr

2.00

Petroleums Ltd

Oil

Gaspe

Jan

4.20

-i

Mines

Metals

9%

1.75

Wes'tburne Oil Co Ltd

Eastern

1,385

Feb

40c

68c

—

Ltd

East Rim Nickel

9.60

Feb

1.00

Oils

Federated

Home

Feb

4c

Mines

Asbestos

Mines

2,55o

5.05

1.10

Minerals
Petroleum Ltd

Empire

Trans
Dome

5.10

Jan

1.10

Producers Ltd

Rio

Del

Feb

11c

6c

i

L

Apr

2.50

1.75

Ltd
Oils

4.80

1
—*

East Crest Oil Co Ltd

2.75 Mar
22c

3.15

_

Candego Mines

Leduc

Empire

13c

■

—

—

Consolid Central Cadillac Mines

Zinc

14%

Feb

11c

—

&

Jan

7.85
7c

■

__

Cortez Explorations Ltd

3'/2c

3%c

*

Ltd

Ltd

2.50 Mar

50c

—

Explorers

Mines

Central

Oils

800

3.25

•

Petroleum

Lines Producers
Explorers Ltd
Cordasun

9.60

2

Pipe

Consolidated

High

4.95

9.50

*

Oils

Canadian

Low

67c

1

Southern

Range Since Jan. 1

High

4.80

*

;—

Ltd

Canada

Jet

•

Ltd.,—

35c

4'/2c Jan

3.65
60c

"l

Co Ltd

Gold

Consolidated

~

Ltd— __1

Corp Ltd—

Manitoba

4c

1

•

& Mining

Low

Feb

38 %c

l

Ltd

Campbell Chiboumagau Mines

Shares

Feb

10c

Ltd

Cartier-Malartic Gold Mines Ltd

Lead

1,000
17,000

Apr
Apr

44c

Carnegie Mines Ltd

Coulee

5c

2.75

40c

Mining & Smelting

Chimo

33c

84c

1

Mines

Citra-Lartic

1,000

54c

Ltd

Mines

Brunhurst

Cheskirk

100

34c

10c

Brunswick

Central

2.95

2.60

Bouscadillac

Ceita Dev

2.95

__1

Ltd

Mines

Rare

Cassiar

Apr

—1

Mines Ltd

Gold

Bouzan

47c

5c

„

"l

Chibougamau Mines Ltd

Belville Gold
Bonville

Mar

34c

1

«*•»

—

Beatrice Red Lake Gold Mines
Belle

__1
«

Mining Corp

22c

for Week

3.00

Ltd

Land

Warrants

Central

Avillabona

Sales

Range
of Prices

Par

High
Canada

1

Anacon Lead Mines Ltd

Arnora

Friday
STOCKS

Shares

Week's

Last

Sale Price

for Week

Stocks—

Amerinium Mines

Arno

of Prices

Low

U

Sales

Range

Sale Price

stocks

Ai

Week's

.

Gairdner, Son & Company

Toronto

Montreal

Quebec City

Calgary

Kitchener

Kingston

Hamilton
-

London

Number 5215... The Commercial and Financial Chronicle

Volume 177

(1829)

CANADIAN LISTED MARKETS
RANGE

Friday
STOCKS

Week's

Last

Par

Atlas

Yellowknife

Atlln-Ruffner
Aubelle

Mines

Class

I,500

lie

Feb

16c

26,200

8c

Jan

16c

Feb

7 %c

7 VrC

7%c

4.100

6%c Jan

20c

Jan

20,863

23c

Apr

33c

Apr

8,000

15c

Jan

25c

Feb

3.10

Jan

26c

30c

151/20 16 %c
2.70

class

A

816

2.65 Mar

9'A

9'/4

175

9%

Apr

9%

83/4

100

7%

Feb

9%

Apr

4.30

4.30

100

30C

47c

678,450

20c

Mar

47c

19c

Jan

42c

*

Mines

47c

1

25c

25 c

28c

13,100

1

4.60

4.60

4.75

5,375

50o

Oil

OIL SECURITIES

Apr

83/4

1

2.09

Bailey Selburn Oil & Gas class A

INDUSTRIAL, MINING AND

*

2.70

*

Avillabona Mines Ltd
B a patriae

23c

16c

2.70

*

common

Frame, McFadyen & Co.

Jan

10c

1

A

Banlf

12c

9c

1

Fabric

Auto

High

11c

10c

1

Gold
Electric

Auto

Low

11c

1

River

Range Since Jan. 1

1

Aumaque
Aunor

Shares

High

1

Mine®

Mines

Aumacho

of Prices

Low

WEEK ENDED APRIL 24

for Week

Range

Sale Price

FOR

Sales

4.30

6.50 Mar

Apr

4.60

25 KING STREET W.

Feb

5.80

Members: The Toronto Stock Exchange

Feb
Jan

2.27

2.45

2,380

7c

7c

8c

6,466

Bank

of

Montreal

10

32 %

32'/2

33

645

31% Mar

Bank

of

Nova

33 % Mar

10

39

39

391/2

173

38%

42

Mar

Bank

Apr

of

Toronto

10

38i/2

38'/2

39'/4

175

38%

Apr

43

Mar

l

1.41

1.38

1.55

97,100

1.05

Jan

1.55

Apr

1

2.85

2.75

2.95

4.950

2.70

Apr

4.20

Jan

Bankfield Consolidated

Barnat

Scotia

Mines

Barvue

l

Mines

Ltd

Warrants

Barymin

Petroleums

Bathurst

5,600

32c

25C

37c

98,350

•

30c

30c

90c

Apr

22c

1.95

Jan

1.30

1.55

Feb

43c

Jan

Friday
STOCKS

60

34C

37c

5,542

6 3/4

500

89,900

30c

Apr

49c

40

Apr

34c

Apr
Feb

6%

Jan

Apr

Central

Leduc

Kirkland

Biltmore

Bobjo

A

Bonville

Gold

Jan

Apr

4.30

Jan

85c

Jan

1.32 Mar

19c

19c

19c

8,500

18c

Apr

24c

4.05

3.30

lie

10 %c

13c

6,500

10c

Apr

19%c

Feb

28c

30c

27c

Jan

45c

Mar

8

Jan

2,500

Charter

•

1.78

1.78

1.92

20,650

50c

1.65

1.52

Oils

Feb

Chemical Research

Cheskirk

Chesterville

1.00

I.100

75c

Jan

1.35 Mar

2.10

49c

Apr

2,000

18c

Apr

30c

14c

133,675

Jan

Explorers

1.65

56,000

1.22

Feb

lOc

10c 10%c

57,000

5c

Jan

15c

Feb

1

36c

36c

42c

8,600

23c

Jan

66c

Feb

1.00

;

Chimo Gold

90,600

19c

1.00

1.10

13,750

95c

Jan

1.40

3.35

3.05

3.75

304,485

72c

Jan

4.40 Mar

3.50

3.25

3.50

Ltd

Jan

8c

Jan

14c

12%

Jan

16

Mar

Citra-Lartic

19c

Jan

57c

Mar

Cobalt Consolidated Mining Corp

Jan

Circle

2.10 Mar

*

1.00

65c

Feb

1

Mines

Chibougamau

18c

1.60

Feb

1

Mines

1.74 Mar

49c

300

6.00

21,400
11,085

30c

Jan

44,320

Apr

1.08

1

Jan

44C

8,850

3.60

97c

1

72c

131/2

4.80

3.30

1

39

9c

4.05

3.30

Gas

Feb

40c

4.20

Gold

Feb

13'/a

1

Oil &

35c

14c

Jan

Chamberlain

37

40c

2.90

Centremaque

9,853

preferred

9 50 Mar

Apr

Jan

236,700

1

class

Feb

2.40

Jan

47C

1

Hats

Mines

6.75

2,300

49c

Chromium

Bidgood

11,355

2.50

1

1.45

1

.

8.20

2.40

45

Porcupine

38%

49c

Mines

High

7.65

Central

40c

Gold

Low

7.85

Jan

90c

Yukon

Range Since Jan. 1

High

2.40

1

1.35

River

Low

•

1,

Oil

383/e

1,300

Shares

l

Patricia

1.35

40c

for Week

•

Central Explorers

Feb

Sales

Range
of Prices

"

Par

Cassiar Asbestos Corp Ltd
Castle Trethewey

381/2

1

Week's

Last

Sale Price

1

Mines

Bevcourt

2.91 Mar
12c

25

Lodge Uranium Mines
Telephone

Berens

40

61/2

34c

•

36c

40

1

Feb

Jan

Central

*

Beaver

Bibls

3,380

1.55

Ltd

Beattie-Duquesne
Beatty Bros
Bell

1.05

1.48

class A

Power

Bellekeno

90c

1.49

•

Ltd

Base Metals Mining

Bata

1.05

•

-

Co

1.90

6%c

EMPIRE 4-5161

—

TORONTO

Apr

Bar

Knitting class A-

■»

930

10

10

30

1

12c

9c

12c

50,000

1

Ltd

Mines

2.20

2.05

2.22

38,252

3.25

Apr

10

Apr

8%c Jan
2.04

Apr

1.95 Mar

5.05
14

Jan

Jan

Feb

14%c Jan
2.40

Apr
Jan

1

Boymar

84c

43C

84c

4,094,550

2%c

Jan

84c

Apr

1

-

Bordulac

15c

15c

4,332

1.25 Mar

Jan

20c

Jan

1.32

1.30

12%c

1

1.50

8,500

Cpchenour WiUans

1.33

17c

Cnckshutt

•

14

Mar

1,040

16% Mar

12c

14%

14

9,000

14%

Coin

1

12 %c

12 %c

15c

3,400

1

Bralorne

12c 16'/4c

Feb

4.50

2,067

3.95 Mar

5.25

Feb

1.35

*

20c

4.35

1.40

I,000

1.30 Feb

1.90 Jan

143/4

Mines

143/4

50

Farm

Equipment

Lake

Coldstream

Copper

Apr
11 %c Mar

17c

Brantford

Petroleums

1

Cordage class A

Brazilian Traction
Brewis

Feb
Mar

;—

ordinary

•

15%

55c

25,700

31c

Jan

74c

5c

6c

2,000

4c

Jan

11c

Feb

Commonwealth Petroleum

Jan

40c

5c

*

4.10

4.10

775

4.05 Mar

4.83

Jan

National

1

10%

10%

125

10 %

12 'A

Feb

Mines

British

American

Oil

British

Columbia

Elec

II,575

Jan

Coniagas

10%c

12c

32,850

9c

Jan

19c

Feb

Consolidated

36c

40c

2,300

36c

Feb

52c

5.75

5.40

5.80

9,270

Apr

pfd

10

Mar

5.40

11%

5

Allenbee

17%

18%

11,829

Apr

781/2
93 %

78%

80

145

76

Feb

81

Mar

Consol

92

93%

155

87

Jan

95

Mar

Consolidated Cordasun Oils

47

Jan

50% Mar

100

17%

Consolidated Astoria
v

Consolidated

1.55

1.57

1,400

Jan

1.70 Mar

75c

75c

82C

10,110

70c

Feb

1.03

10%c

10 %C

12c

6,320

9c

Jan

1

Bakeries

Central

1.55

1

Oil

10% Jan
21% Jan

100

preferred

Apr

Jan

-

—18'A

common

4%

10%

lie

36c

1

Lake

Petroleums

43A%

10%

Apr

50c

1

Oils

Britalta

10%

14

1
1

1

Red

Bristol

1.35

Colomac Yellowknife
Conduits

Braisaman

*

Cadillac

preferred

185

8% Apr

9%

Jan

6c

2,500

6c

Jan

8c

Feb

60c

60c

60c

4,100

60c

Apr

85c

Jan

1.52

*

Class

A

1.50

1.65

11,020

British Columbia
Class

class A_

3,200

4.80

Apr

Jan

Consolidated

Consolidated Discovery
Golden
Arrow

1

95c

1.00

Feb

12%

7,275

40c

310

Jan

15% Mar

Consolidated

62c

70c

404

1

61c

8%

Guayana

19,460

50c

Mar

81/4

7%

Apr

9% Mar

Consolidated

Howey

__1

55c

54c

55c

2,680

54c

Matarrow

1,875

38c

Feb

36% Mar

•

Empire

34

33

34

635

•

Power

B

British

4.80

*

B

5.00

13%

8%

•

class

48

4.80

48

•

Packers

115

13%

50

Columbia

8

7%

8%

500

32

Reef

1

95c

1.10

48,825

95c

2.75

2.69

2.80

14,300

17

17

40

Bruck Mills class A

Class B

17

Feb

Brunswick

7

7

100

7

Ltd

j.

33c

42c

401,250

24c

27c 28 %c

9,900

27c

Apr

14

1

18 %

18

20

5,510

Buffadison Gold

1

9%c

9c

10c

25,000

Buffalo Ankerite

1

70c

72c

3,200

50 %c

•

20c

22c

26,200

19%c

Buffalo Red Lake

1

Building Products
Bulldog Yellow Knife

20c

•
1

Hill

Bunker

&

/ Class

307

28c

II,500

11 %c

14c

3,500

•

class

Co

6C

37%

25c

12c

*

Burlington Steel
Burns

4%c
34%

27c

34%

A

2nd

*

;

preferred
Flin

Flon

Calnorth
Calvan

Oils

1

Cons Oil

Mar

15c
1.05

35c
10c

Apr

Jan

Feb
Feb
Feb

34

Jan

39% Mar

22c

Jan

34c

Jan

7%c

Jan

25c

Feb

Jan

22

42

Jan

50

Canada

Bread

class

Jan

36

73/4

355

7%

Feb

16c

43,300

7%c

Jan

15

Feb

Mar

8% Jan

15

71

11%

3,400

22c 23 %C

65,205

B

1.40

1.55

1,000

25,800

24c

Copper-Man
(H)

Corby

Cournor

Craig

Canada

Class

Foils

15% Mar

Canada
Canada

Iron

Croinor

Foundry

Malting

Canada

Oil

Crowshore

1.40

Patricia
■

■

35c

2.12

Apr

Mar

Class

Permanent

D'Eldona

Rio

Gold

Canada

SS

Lines

Canada Wire &

Feb

6.65

Jan

8.85

8.75

8.90

3,330

8.75 Mar

10.50 Jan

45c

Feb

73c

50

50

15

50

Feb

51

Jan

74 %

72

78%

493

72

Apr

87

Feb

27%

273/4

273/4

210

26%

Feb

29

Mar

7%

7%

50

16

17

270

14

Feb

17

Apr

33

33

25

33

Apr

35

Mar

21%

22%

1,795

21

Feb

23

1,600

Jan

15c

Jan

41c

Apr

43c

Mar

14

Jan

16% Mar

Apr

5.45 Mar

4.40

Feb

Jan

8%

58c

Feb

10%

Jan

Jan

29c

10

13%

Jan

7%c Jan

16 %c Mar

4.00

100

10c 10 %c

1,000

10c

Mar

15c

Feb

35c

35c

2,000

35c

Jan

40c

Jan

12c 13 %C

41,300

12c

Feb

18c

Mar

12c

4.00

Jan

4.50

Feb

14 %c

15c

15,500

10c

Jan

19c

Feb

13%

15

335

13%

Apr

16%

Jan

4.25

4.25

175

4.00 Mar

4.75

Jan

1

37c

40c

4,926

1.60

1.60

1.65

1,000

1

Detta Minerals

2.75

2.75

3.35

27,255

52c

Feb

1.38 Mar

1.90

Jan

2.75

3.75

Jan

37c

Apr
Apr

1

21c

21c

24c

16,450

13c

250

Oils

2.45

2.30

2.50

32,700
5,322

24% Jan

2

25%

25%

26%

2.50

6.00

6.00

6.70

2,075

•

Feb

7

Jan

51%

220

50

10%

125

10% Mar

4.70

5.00

4,150

36

37

75

30%

30%

52

103/4

52
4.70

32

100

8% Jan

4.60

54

20%

20

21

1,200

Feb

2.05 Mar

45c

2.96

Feb
Jan

27% Mar

Dominion

53

54

75

9.50

9.60

2,577

33%

39

49%

49

49%

155

74

74

30

*

28%

Feb

33%

3.45

17,355

Feb

4.25

28

615

27%

Apr

30

Jan

12

12

40

12

Jan

12%

Feb

13

3,950

13

Apr
96% Apr

15%

Jan

•

12%

12%

2.85

99

Mar

96%

963/4

97

55

•

13%

13%

12%

13 %

12%

14%
13%

1,200

•

3,945

12%

_•

Magnesium

15%

15%

15%

3,000

14'A Jan

16

35%

363/4

580

35%

Apr

41%

Jari

193/4

19%

25

19%

Jan

20%

Feb

49

Jan

10%

10%

23.50

Preferred

Apr

54% Mar
v

3.05

27%

Dominion Tar & Chemical common—•

Apr

Apr

Jan

3.15

100

& Steel com

Dominion Stores

Jan

Mar

27%

25

Dominion Steel & Coal

5.05 Mar

Apr
Jan

9.50

preferred

Dominion Foundry
Preferred
Dominion

7.75

22% Mar

1

—

Bank
Coal

Apr

10

Asbestos

Dominion

6.00

18% Feb

Apr

15%

Apr

16%

Jan
Jan
Mar

Jan

12%

(Western)

Exploration

Dome Mines

Feb

16

54

19%

Effective

April 27th
to be split 4-for-l

12% Mar

Jan

50

Apr

Dragon

70

Apr

84

Jan

Duvex

65c

Apr

95c

•

common

—

10%

—__100

Textile

Preferred

Donalda

46'A

140%

1

Mines

66c

140% 140%

1,400
5

66c

78c

105,805

49c

.

10

Feb

11

Jan

140%

Apr

140%

Apr

49c

Jan

84c

Feb
Jan

55c

27,700

49c

Apr

96c

42c 44 %C

34,425

40c

Jan

58c

Feb

lie

1,500

9%c

Apr

12c

Jan

17,200

9'Ac

Apr

14c

Mar

Feb

Canadian

Admiral

Oils

•

68c

67c

71c

II,864

Canadian

Atlantic

Oil

2

5.20

5.20

5.60

7,016

5.00

Jan

Canadian Bank of Commerce

10c

Fpb

10 %c

4.60 Mar

9.60

class B

10c

530

•

Dome

5.65
2.25

—50

preferred

Ltd

Ltd

Jan

6,465
23,300

16,370

1

Cable

A

Mines

Jan

51c

20

Mortgage

175

26c

1

class

B

Devon-Leduc

4.05

♦

Canada Southern Oils

360

12

Jan

*

Leather

Class

Dominion

Canada

41,994

9

12

11c

*

D'Aragon Mines

Distillers Seagrams

5.95

*

B

43c

8%

1

Jan

45C

•

Canada Packers class A

40c

9

Jan

7% Mar

t

Producers

3.60

•

Lands

41c

Jan

1

Mines

5.65

*

Canada Northern Power

4,380

5%

1.40

1

Pershing

De

;*.*

A_____

1,245

4.90

1

Delnlte

10

class

15%

4.40

*

Mines

Jan

45c

*

Foundries

41c

15%

4.40

1

Mining

Feb

3.75

*

common

A

Canada

41c

15%

*

Bit

Crestaurum

14%

Apr
10% Apr
18 %c Jan

5.65

50

Preferred

1,500

•

Ltd
voting

Mines
Dist

15

14%

•

preferred

lie

•

Cosmos Imperial Mills

Mar

1

common

lie

/

Mar

20

Cement

lie

10

Petroleum

Gas

Dominion
Canada

45,485

4.00

Consumers

Conwest Exploration

Apr

30

20

1
_

14c

Western

Apr

1

St Gas

Campbell Chibougamau
Campbell Red Lake

12c

Consolidated

23%

67

14%

22c

12%c

1

80

15

1.45

50

Sannorm

235

14%

1

6%

Consolidated

Press

Oils

25%

Feb

28 %c Apr

35

10%

1

Calmont Oils

6%

1

50

15

•

Feb

Rochette

20%

11 %

»

Calgary & Edmonton
Callinan

14'/2c

75c

Consolidated

Davis

1

9,411

Mar

14C

_•

Calder Bousquet
Caldwell Linen common

80c

19

7%

35

Feb

75c

*

50

*

Burrard class A

4%c

Jan

35c

class A

34%

20%

*

B

8,000

9c

34%

Jan

Consol

Jan

Canadian

Apr

14c

Jan

Mar

Mar

25

19,598

78c

Jan

Buffalo

& Smelting

Mining

50c

20,092

1

Apr

Jain

20c

Peak

8%

73c

40c

Consolidated

45c

Feb

Apr
Apr

26%

Jan

Mar

28c

Jan

Jan

25

-.1.40

Apr

37c

1

*

Mines

1.80
1.35
85c

16c

18c

3.30

.

1.30 Mar

38c

•
•

Apr

1

—

Brunhurst
Brunston

1

Consolidated Mining & Smelting
Consolidated Nicholson

8%

2.55 Mar

17

A

1.02

1

class

Oil

Mines

1

Apr

7% Mar

*"

Broulan

5%

Jan

9

6c

Consolidated

5%

British Columbia Forest Products
British

21c

Jan

8%

8%

__1

1

1.41

6.50 Mar

East

Oils
Oils

1

Minerals

50c

—1

Gas

&

&

43 %c

lie

1

Amphl

10

29%

29%

30%

1,135

28%

Jan

Apr

East

Crest

Canadian Breweries

•

17%

17

18%

1,845

17

Apr

19%

Feb

East

Malartlc Mines

Canadian

•

29

28

31

1,715

28

Apr

33

Jan

*

16%

15%

16%

820

15%

Apr

18% Mar

18%

183/4

662

16 %

Apr

20% Mar

•

36

35%

37

558

35%

46

Jan

25

33

33

33%

362

32%

Apr
Jan

34

Jan

•

10

10

11%

855

Apr

14

Jan

Canners

Canadian
Class

Car

common

A

20

30%

$1.75

Celanese common

preferred

Canadian
Canadian

Chemical
Decalta

Cellulose

&

Gas

&

.

Oils

70c

•

Warrants
Canadian

24c

Devonian

Petroleum

Canadian

Dredge

Canadian

Fairbanks

*

common

1

24c

1.06

*

1.06

2,167

70c

Apr

86c

Jan

El

4,200

21c

Feb

31c

Jan

El

25,850

99c

Feb

46%

25

47%

140

25

47

»

25

45

7%

145

1.51

Jan

45%

Jan

55

Jan

25

Canadian Food Products class A
Preferred

*
100

53%

53%

54

50

43c

46c

2,643

5%
50%

Jan

Jan

9%

Apr

Malartlc

Canadian

Oils

4%

•

Tire

62

Corp

Utilities

common
.

preferred

Canadian Vickers

Insurance

Jan

Canadian

Williston Minerals
Wirebound class A

936

99

10

20

26%

5,415

1

1.99

1.70

2.14

42,150

—*

30

30

110

20

19%

19%

25

19

Mar

Federal

Grain

100

97

97

10

97

Apr

100

Mar

Federal

Kirkland

Apr

.19

Mar

Federated Petroleum

16

15%

16%

1,015

•

2.65

2.65

2.90

Jan
Jan

100%

Feb

26%

Apr

32%

Jan

1.50

Feb

27% Mar

15%

see

page 47,-




2.60 Mar

29

25

28% Mar

9

9

9

98

1

Gold

5,400

29

10

Class B

-For footnotes

14%

13%

1.11

1.10

1.15

2,700

*

-

9

Apr

1.10 Mar

36,420

4.20

Apr

6.80

Jah

467,495

45c

194

1.60

1.94

25 %

25

25%

638

25

21%

21%

21%

280

21

55C

60C

8,500

50c

56c

9%c

9c

10c

11,667

6%c

6%c

7%c

6,900

22

22

25

20

Jan

Apr
Mar

Feb

2.45 Mar

27% Mar
23%
78c

15c

Feb
Mar
Feb

9c

Apr

5c

Jan

12c

Feb

Feb

22%

Apr

20

77

17%

Jan

20

Jan

17

18

129

15%

Jan

18

Jan

3.00

18%

3.00

100

50c

55c

32,100

1.00

1.06

9,300

38C

7,004

18%

50c

1

Corp

Warrants extended to June

273%

97

4.90

—*
I

Estella Mines Ltd

99

•

Canadian

Cariboo

Mar

Jan

4.20

22
10
25

preferred

Erie Flooring class B

Feb

55c

Brass

Life
Life

Equitable

26

133/4

common

Preferred
Canadian

40c

Apr

4.55

1

100

Cos

preferred

Canadian Pacific Railway
Canadian Pipe Line Producers
Canadian

43c

Feb

108

1.65

1

Rey

Gold

Eureka

Canadian

3.15

1.05

1

Empire

Mar

*

2.35 Mar

51,125

20

Empire

Feb

22

Pen

Sol

10,450

1.17

10

—

Elder Mines

74c

2.61

1.05

1

investment

Eddy Paper class A

25c

1.15*

7%

*

10

lie

2.40

1

Metals

Eastern

9%C

2.50

1

-

10c

1

East Rim Nickel Mines

East Sullivan Mines
Economic

Canadian

•

Oil

1.03

30c

1, 1954—

3.00 Mar
50c

1.00

25c

Apr

Apr
Mar

3.00 Mar

1.00
1.55

Feb
Jan

52c

Jan

23%

Jan

15% Mar

2.30 Mar
30

Apr

Famous

Fanny Farmer
Fargo Oils Ltd

19% Mar

3.30 Jan

30%

Jan

9%

Jan

1.50 Feb

Fenlmore
„

Iron

Warrants

Fltitngs

Ltd

class

r

1
A

Mines

————

common

16%

17%

21,418

16%

20

20

20'A

1,920

18%

Jan

21

Feb

24

23%

24

595

23%

Apr

25

Jan

2.43

2.66

15

•
•

Nickel
Players —

Falconbridge

7C

15%
7%c

1,750
5,000

5.65

7.20

161,760

1.05

1.37

17 %c 27 %C

175,930
96,175

9

9%

100

11

11

an

17

1
25c

2.49

*
1

>

•

6.70

1

1.22

——

*

23c

9%

42,800

Apr

1.20 Jan
15
5c

5.65

74%c

Mar
Jan

Apr
Jan

13c

Jan

5

Mar

111

Apr

2.99' Mar
17

Jan

13c

Jan

7.50
1.54
36c

Jan

Apr

Apr

11%

Jan

12

Apr

45

46

The

(1830)

Coramerciqg and Financial Chronicle... Monday, April 27, 1953

CANADIAN LISTED MARKETS
RANGE

Toronto Stock

Week's

Friday

Exchange (Cont.)

Last

Foundation

—:

—

Jan

Lamaque

Jan

2.00

Feb

59

62%

1,565

13

13

300

13

14%

475

14%

Apr

7.10

6.95

7.40

60,650

5.70

Jan

9.25 Feb

1.25

1.51

7,098

Jan

2.20

common

—*

Ltd

Warrants

78c

Lang

Mar
Feb
Jan

Lapaska

Feb

Mines

Lavalie

1.30

1.45

16,400

20%

21%

1,155

5

5%

200

35%

34'A

36%

225

59%

General

Dynamics

60%

420

59%

""

Bakeries

General

General

Motors

Class

5 Giant

.6,00 Jan

Leitch

Apr

45

Lencourt

Apr

68%

1O0

6.00

5.70

2,940

5.30

45

45

100

8'Ac

10c

9.35

9.35

9c
80c

Mar
Feb

Gold Mines...

1

Lake
God's Lake Gold
Gillies

——

Mines

Goldale

8*50 Jan

Apr

Goldcrest
~

Manitou

Golden

—

Goldfields
Goldhawk
f

Mines

Uranium

Porcupine

1

7.50 Jan

Apr

Goodfish

Class

Mar

Lomega

B

Mackay

Apr

18c

Jan

Grandine

class

9.80

2,015

9.35

Apr

11%

Jan

Louvicourt

9c

8,000

7c

Jan

18c

60,550

66c

Jan

1.30 Mar

%6c

17,400

18c

Mar

26c

Feb

35c

43c

111,700

20c

Jan

47c

Mar

7c

Jan

2.35
1.30

2.35

10c 11 %c

10,500

2.55

10,250

1.28

2.25

%c Apr

12

3.75

Apr

1.05 Mar

»'•

Jan

MacMillan

Feb

Madsen

Apr

Magnet

3'Ac Feb

3,600

3'Ac

Jan

7c

8c

30,800

3c

Jan

10c

88%

Jan

'98

215

48%

48%

70

12%

12%

25

75c

65c

82c

164,400

-*

28c

%c

30c

24,950

26

Apr
48% Mar

47% Feb

Apr

10c

Apr

65c

Apr

61'Ac Jan

15%

Jan

17% Mar

45%

Feb

49% Mar

5.10

5.30

400

5.10

Great West Coal class A

•

8

8

8%

575

A:v 8

8

100

3.95

780

40c

—

;■

*

-

34'Ac Mar

40c

Feb

Apr

7.10

Jan

8

Apr

10%

Feb

8

Apr

3.20 Mar

37
38%

-151

37%

Feb

39%

6c

3,600

3%c

Jan

ll3Ac

Jan

17c

Apr

30c

Jan

8,000

16'Ac

25c

Jan

7.Q00

II'Ac

Apr
Jan

5.20

6.05

7,050

12 %c

15

22,500

8c

Jan

47%

44

47%

Apr

49'A

Apr

10%

10%

11%

73,170

2%

Jan

13%

Feb

12%c
;

1

4.30

Jan

6.80 Apr
31'Ac Mar

4.15

4.15

200

3.80

Jan

1

16'Ac

14 %c

18c

79,650

3'Ac

Jan

20c

—•

Products common
Lake Gold

Brass

32'A

32%

34%

950

32%

Apr

39

*
-—

common

._

t

13

200

13

4c

3,100

3.50

400

Gold

,

15%

4.50 Mar
Feb

130

10c

9%c

12c

1

8Vic

8c

—1

—,—

~4

16'Ac
12'Ac

16 %c

12,890

Gold Mines

Heva

L—

Highland-Bell
High wood
Hinde
Holden

Sarcee
Dauch

to

Mfg

Class

B

16

13c

23c

Feb

7%

Jan
Mar

8% Apr

Feb

13,000

15C

3,600

13c

Apr

20%c Mar

15c

4,000

11'Ac

Jan

l9%o^Fan

6%c Jan

14%e Jan

'

»

•

14c

11c

16c

6'Ac

6'Ac

34c

38c

17c

12c 12'AC

277,300
200,105

—-

Oil

Home
Homer

Yellowknlfe
Gold

Hosco

Huron

Erie

&

Mines-

Marigold Oils Ltd
Martin-McNeely

'

4% preferred
Imperial Varnish
Indian

Industrial

$1.50

Lake

McMarmac

Red

Gold

Mexican

Brick

15%

Feb

Apr

13

Jan

8.40

28c

*25c

29c

89,050

9c

Jan

30c

6c

„

6c

6c

1,500

5c

Jan

8'Ac Feb

2.70

2.70

57c

55c

3.00

900

2.60

Feb

47%

447/a

8,513

447/e

Apr

16Vic

57c
124

21

9.60

10%

16 %c

17c

46c

56,560

123%

Mindamar

Mining
Monarch

Porcupine

—

9.60

3,550

16c

23,500 *

Jan

Moore

'Corp

12%

Jan

27c

Apr
Feb

Jan

•y

7

23

31%

Apr

35

Jan

38

Feb

40

Apr

31

Apr

36

Jan

8

Apr

10%

5%

Feb

9%
*

10

910

5%

7

800

7

Feb

Apr

23

23

Jan

Ltd

Oil

Naco

52c

Preferred

19%

30

19'A

Apr

20

4'Ac

5'Ac

8,000

37Ac

Jan

32%

33%

3,000

29%

32%

32%

335

32

*

8%

8%

100

3.20

4.40

257,650

33

23

25

4.35

*

6
(

6

6

29%

31%

Jack Waite Mining

86

Pipe

1

41

19,805

2.20

1

15'Ac

Ltd

•

43c

Gold

l

17c

1

Kayrand

Ltd

....

Mining

1
•

Negus

Gold

24-

26%

New

Calumet

nil

New

Concord

'A

(
4

Petroleum-

Davies
Delhi

Jan

36% Mar

New

Devon

Feb

36% Mar

New Dickenson Mines

30C

35c

,12c

5.10

Feb

Feb

New
New

Highridge
Hugh Malartlc

24'A

Y

27 %

Apr

f

1.35 Mar
15%

*-.i 9

Jan

^

Apr

ft

7'A

Apr

Jan

+

6%c

Jan

14c

Jan

j

52c

'•

Apr

77c

Jan

2.23

15%

:

1.95

1.80

1,97

I,350

1.60

Jan

54%

.56

740

52

25%

26%

550

25'A

17c

15'Ac

17c

4,900

4.10

3.70

4.30

113,500

17c

14c

19c

37,800

13'Ac

Jan

33,950

3'Ac

Jan

19%

17c

22c

2.20

2.41
84c

25,100

1.95

2.08

12,565

1.29

1.25

1.30

53,700

80c

Apr

Feb

28c

30c

Mar

1.34

3,230
173,650

20c

-1.10

55c

Jan

38c

43c

36,450

38c

Apr

2.50

2.65

13,390

18c

2.50

34c
1.63

70c

3.30

Apr

Jan

Apr

|
i.

Jan

I

Jan

35c

Apr

New

35c

Apr

•

13c
9%c

Newlund Mines

Mar

Larder

12c

Jan

26c

18,300

29c

Apr

54c

Feb

i'

41c

34,800

10c

Jan

82c

Jan

j

12c

15c

117,200

Apr

18c

Jan

New Morrison

Feb

13c

Apr

24c

Feb

New Mosher Long Lac Mines
Newnorth Gold

2.32 Mar

Mines

Ltd

New

Jan

New

Rouyn

Ryan Lake

Apr

41c

30c

Jan

New

Feb

3.15 Mar

New

7%c Jan

13'Ac Feb

j

Feb
Feb

2,700

2.45

Pacalta

100

15

Jan

17% Mar
18'Ac Feb

5,430

Apr

90c

95c

3,200

80c

Mar

65c

65c

4,600

62c

Mar

12'Ac

13c

8.000

12c

Feb

15c 16'Ac

22,600

-

2.25

1.53

7'Ac

Feb

21 %C

7,500

54c

Jan

84c

13,500

4'Ac

Apr

Apr
9'Ac Feb

11c

206,920

5c

Jan

14c

8%c

9,875

8c

22c

1,250

22c

5c

2,000

4c

Jan

12c

Feb

I

20c

-22c

31,050

20c

Apr

35c

Jan

f

25c

4,900

23c

Mar

31c

Feb

2.75

_

Nib

Mines

Senator Rouyn

Oils

of

Canada

Thurbois

Yellowknife

3.05

5,898

2.75

2,500

8c

Jan

3%c

Jan

;llc

7'Ac

Norgold

Mines

-__1

Normetal Mining

390

1

9.00

8.80

9.50

4,078

l

37C

35c

40c

20,775

24c

1.47

1.32

1.58

85,500

85c

Jan

32c

31c

34c

21,700

20c

Jan

55c

27 %C.

30c

3,000

22%c

Jan

35c

8.00

8.25

1,337

7.90

Jan

35C

35c

2.10

18

Jan

Apr

11

Feb

68c

Feb

North

Inca

1.80

Apr

North

Star

North

Ltd

North Denison I—

Trinity Mining

Apr

Apr

8.65
39c

Feb

North

Canadian
Gold

'

Oil

77,800

4c

18c

4,300

16c

Northern

Nubar

Canada

Mines-

Ltd-i-

_

j

4.10

Jan

i

14c

Apr

Feb

?

Mar

'

2.35 Mar

]

12c

Feb
-

36c

1.05

Apr

-Feb
Feb

78%-Feb

Apr

]
|

17c

Feb

Jan

22c

Feb

j

Mar

29c

,Feb

j

Jan

}

Feb

'

Apr

4.25

15,900

20c

Apr

37c

Mar

18c

Mar

38c

Mar

274,300
33,500
385

Northern Extension
Northland Mines (1940)
Mines

18c

6,000
:

Feb

3.45 Mar

; 15c

Jan

5,250

1

Oils

Jan
Mar

10c

86c

i
I
\

Feb

35c

Jan

66

1,600

II,090

Jan

Jan

500

3,481

13c

18c

,

86c

11c

Apr

10c

69'A

Feb

Apr

1.55
„

66

Norpax Oil to Mines
Norsewick Mines Ltd

20,600

1,700
65,800

28,500

86C

—

Norlartic

10c
1.85

12'Ac

Feb

1.74

17%

2.55

—'

Feb

17

31c

Gold

Corp

Jan

1.55

8.80

Nor-Acme

35c

17

17

Jan

.

1.74

18c 23% c

Nipissing Mines
Nisto Mines. Ltd

28c

i;6o

Apr
1.55 Apr

Jan

78'Ac Jan

20c

15c

Feb

1

1,700

75c

5'Ac

22c

Oil

Merger

New Superior

New

2.95

Jan

5c

Jan

Apr

Jan

23c

10c

New Richfield Petroleum

Feb

20c

40c

Jan

23c

Apr

40c

28c

Apr

37Ac

12%c

11 'Ac 11% c

16c
55c

4,700

28c

153.600

5c

Jan
Feb

6'Ac Jan

15,100

t

8,250

15c

8y8c

4%c

21c

Feb

30c

9c

40c

31c

1,60

71c

New Norzone

28c

j

28c

Jan

Apr

1

'>

20c

1.34

4c

2.00

Feb

16'Ac Feb

8'Ac

U_

9'Ac

19,900

t

49,850

33c

29

26c

29c 33 %c.

25c

Apr

17,700

100

Jan

2.75

23c

34,650

2.70

2.25

Feb

Jan

158,439

2.70

Feb

7 'Ac

9'Ac Jan

4,400

1,250

1.65
1.20

169,200
176,232

Feb

16c

•

Feb

2.69 Mar

1.33

23c

New

29%

1

8.00

27c

Feb

Apr

79c

28c

Noranda Mines

l

Feb
Feb
Feb

14c

29% Mar

Nordon

1

2.15

4.65

30c

Laguerre Mines

46'A

Jan

i

Jan

Jan

Apr

Apr

Mar

—

29c

Mar

1.80

8,466

79c

15c

Apr

70c

Lake Dufault Mines.

'

'

80c

20%

_•

Apr

Apr

39c

__1

Apr

Apr

2.99

Feb

16% Mar

—

j

57%

_Jan

„

t

Jan

27%

•:

Feb

52c

—

8% Mar

5%c

*

65c

\

'

56c

6'Ac Jan

1

Jan

Jan

11'Ac

18c

60C

13%

7'A

9,800

48c

52c

Jan

200

7,100

15c

15%

*

12

385

10c

43C

15%

Feb

1.23

_ii

14c 15 %c

2.55

'■

67c

Jan

63c

25c

32,995

2,08

Jan

Mar

9

125,200

8c

38%

1,800

14c

:*

13%

45c

115

66c

9% Jan

11% Apr

32

11%

56c

20%

60,400

lie

12c

3,000

Kelore

363,200




Apr

New Jason Gold

16c 25%c

page 47.

Apr

13'A

i

Jan
Feb

New

18c

1

see

95c

7%

New Marlon Gold

9c 10'Ac

1

Kirkland-Hudson

For footnotes

16%
56c

Apr

•

Key met Mines

La Luz Mines

14% Jan

r

Jan

Feb

Mines

Apr
Jan

Jan

Jan

Mining

12

14% Mar

6'A

7c

__

14.55 J an

Apr

"40c

?

Jan

87

1.71

Shore

2.70

2

Apr

32'A

7,567

Lake

y

21c

Feb

21,100

LakeWasa

Jan

10c

Apr

10,525

Lake Lingman
Lake Osu

Feb

1.90

Jan

1.92

Ladulama Gold Mines

,

Jan

,41c

I
if

Goldvue

24

5,100

15c

New

19%

,,

38c
62c

2.56
—

Jan

9c 10'Ac

(John) Ltd
Labrador Mining to Exploration:

Apr
Apr

1.20 Mar

4

Petroleum

1.80

Kroy Oils Ltd

Jan

23c

-lv

-J

Jw-i

18%

Labatt

6%

86

16,798

2.50

10c

Klondike-Keno

J

Mar

4.10 Mar

35c

1.95

Development

New Continental Oil

1.84

Kirkland Townsite

Feb

Feb

(:

'

19%

r—

64c

Jan

.

12'A

2.25

M

Mines

1

Lake

Jan

s

Jan

2.50

if
1

Uranium

New Bidlamaque
New British Dominion Oil

l

Kirkl&nd

12c

Apr

28%

1,870

22

-250'

-Y

Labine

Alger

Kenwell oils to Mines Ltd

Mines

9%c Mar

Jan

56

Mines

Nesbitt

Kerr-Addison

Keyboycoa

Mar

12

.

20c

•

Kelvinator
Kenville

28c

•

Ltd

38%

10c

13c

1

Mines

lie

;

Jan

Jan

7%

class A

New

9

9%

B

Car

New

5

75

—

1

Jaculet

Oils

38c

5%

56c

—

Feb

40c

325

86

—

13c

Jupiter

Mar

26

class

Hosiery

Jan

9c

8% Feb

100

—

9'%

—

National Grocers common

National

53c

11%

to Chemical com
1.

_—

National Explorations Ltd

23% Mar

19%

5'Ac

35c

Jonsmith

jan

3.00

320

Steel

150

•

Oils

Jan

12

35c

153,781

Jan

Feb

120

50c

Jet

69

7c

1,645

common

Brass

National

57c
125

5,792

20%

Joburke

Jan

Apr

1.35

375

Petroleum

32

39

Joliet-Quebec

28c

;

Jan

Apr

9,000

Locomotive,

Sewer

40

21%

(1939)

Feb

8,775

National

32

24JA

Mines

38'A

Apr

6%c Jan

100

common

National

31

•

Oil

Jan

10

5,095

Corp
Knitting

Moneta

Mar

40

5

Jellicoe

*

18 %c Feb

62'A

14,925

common

3.40 Mar
58

Mar

110

Feb

32

——

31%
9%

•

Jasper

18c

348,200

National Drug

■

Mines

6'A

Apr

Jan

2,000

Minda-Scotia

Morrison

Apr

100

Mines

10'A

Mar

30%

3,300

—j,

—

Mylamaque Mines

Interprovincial Pipe
Mountain

f
J

106,500

Petroleum-

City

Milton

Jan

Nickel Co common
International Petroleum
Island

Jan

100

Mid-Continent Oil
Mill

Feb

13

—

Jacknife Gold

182c

300

—

Jan

1,575

com

Line

5

8,600

Light to Power common

Preferred

48c

7,725

•

International

Apr
Feb

2

7c

Apr
Apr

11c

1,060

Island

Merrill

30

'

1

,

"

500

34c

9.00

i

Powders

1.05

Feb

8%

2,000

Apr

13%

13

1
class A

(
.

t

14'Ac Jan

Feb

<-

3%c

Apr

30

Bronze

57c

24,500

Apr

13

common

Metals

Mar

93

Gold

McLellan

27

8.70

__£1

Milling preferred

8c

30c

20c

8.85

*

International

Feb

15,400

35c

Mar

.10

International

Mar

18c

McKenzle Red Lake

150

7

Mining

International

17c

Apr

565

New Fortune Gold

Inspiration

■}

Jan

Mclntyre Porcupine
Mclvor Drilling

1,000

Feb

1

A—

t

Jan

3,424

common.

McDougall-Segur

3,500

3

25

class

Feb

7'Ac Feb

-

2c

3,000

Frontenac

McColl

36c

120

—

Machine

1.95

Mar

10c

21,000

27%
7

preferred

Ingersoll

Apr

19c

4'Ac

160

Ltd

Mines Ltd

Mayo

23'Ac

7

•;

Acceptance

1.44

8,711

Montreal

7

common

Lake

Jan

Mar

10%

*

7c

Massey-Harrls

Montoco Petroleums Ltd

Jan

10

.10

A

^

Jan

Marwayne Oils Ltd

9%c Feb

Feb

Imperial Oil
•
Imperial Tobacco of Canada ordinary_5
Preferred

Jan

1.75

4c

65c

7

_1

.

20%

1.40 Mar

42c

Apr

75

100

;

I

16Apr

14,325

3,500

New

Imperial Life

Jan

18,100

1

Apr

9"%

__._1

Imperial Bank

,

Feb

20%

8,400

35c

45 Ve

—

Apr

2.95

Jan

16,200

6c

9%

•

Husky Oil & Refining Ltd.
Hy-Cbarger Petroleums

2.35 Mar

31,000

34c

9"%

—1

Hoyle Mining
Hudson Bay Mining to Smelting
Hugh-Pam Porcupine

j

17%

34,050

27

__1

___.

Mar

1.00

Apr

j

Jan

1.14
40c

27,000

3,500

Feb

L"

Hollinger Consol

Apr

300

11,000

14,150

19c

r-*

—

Apr
Jan

47c

Jan

1.85

772

Gold

Jan

•

——

-----—

79c

17c

4,400

Minesclass A—

Gold

11c

8
—•

A

15c

1.58 Mar

8,950

-—

Mines
Malartic

20c

35c

-*

class

14% Mar

8%c

lie

34c

Feb

20%o<Jan
15c^ Jan

16c

•
__1
_•

4.00

Jan

Jan

11c

.1

Jan

Jan

-1

High Crest Oils Ltd

Apr

7c

7c

-1

—

—

Jan

Jan

13'A

8'Ac

12 %c
jr>

15%

Apr

31,866

13'Ac

1

Lakes Iron

Jan

3.20

18,300

8

8

—

1

-

Headway Red Lake
Heath Gold

38% Mar

Feb"

36

5,000

McWatters

Mar

Jan

2c

25

17c 18'Ac

15'A

—

17Vic

•

Hasag* Gold
Head .of

50

13%

3.30

1

Hibbert Mines

Harrison
r

*

Harding Carpets
Harricana

3'Ac

1

-

Hamilton Bridge —...
Hard Rock Gold Mines
■"?

15%

13

4*

"IIIIIIIZIZIIZIIIIZIIIl

Mines

Hallnor

15%
3%c

—

A

Gold

710

17r

4.00 Mar

.',47%

5.45

1

25

;

Gold

ploce

Feb

37%

Mercury Mills
Hahn

1.Q0

10% Mar

__

9c

Freehold

3.85

3.95

,

—

Lead

Halliwell

Jan

1.09

17%c Jan

.

36%

Marcus Gold

26%c Apr

35

Gypsum Lime it Alabastlne

"

Jan

36%

Marbenor

5,070

Gurney

65c

2,720

Eastern

to

Maralgo

Feb

2,000

• >.

Manitoba

Apr

40c

Gwillim

7,8p0
1,500

72c

Goldfields.

1.05

16%

Gunnar

69c

lie

66c

*

Consol

12%

48%

«'
common

Corp

65c
10c

„

—

Jan

48

Oil

•

25,225

Lake

Red

Jan

15%

Gridoil

Jan

13,940

Class B

9

48

Gulf

61c

Apr

37%

_

Bloedel

to

47c

15%

Gulf

40c

14% Feb

98

97

—.

Winnipeg Transit

9,000

2,450

MacLeod-Cocksbutt

Feb

4.500

6%c

•
*
•

Greater

Feb

46c

Mackeno Mines

9c

5%c

5c

,

...

21 (A

Mar

A—-—

—

Exploration

Macfle

12c

4%c

preferred __—-A
Great Plains Devel of Can Ltd

B

12c

21

Mines

MacDonald

Feb

28,000

48%

A

Class

6'Ac Jan

50

Mines

Maxwell
,

13% Mar

23,000

-•

Goldfields

Yellowknife

Macassa

2.00

1.47

97

;

Paper

470

8c

21

'

.1

B

Mines

Lakes

Class

Jan

9%c Feb

Feb

88c

*

Grandoro Mines
Great

3'Ac Jan

14%

Long Island Petroleums.

-50

Bousquet

1,000

Jan

5c

8'Ac

6c
7c

—

A—1—--A—

Gordon

5c

Jan

10c

Jan

——

20,500

1

Graham

5'Ac

21

Gold

Malartlc

Preferred

1,100

Jan

10

14

66c

—

8c

*

Mining

Goodyear Tire common

-8c

7% Mar

7'Ac

__

48

23c

1

Mines

Goldorp.

11

__

Gold

Jan

37 Vic
He

—.1.
11'
--'

—

Gold Eagle Mines.

Gold

Long Lac—
Loblaw Groceterias class

41

25c

r-1--

*

•'

25

40c

Little

Lynx

f

8

5.40
50c

2i

,;

76c

A—

Lake

Yellowknlfe

Jan

•

class

Mfg

Products

Geneva

Jan

6.00

5.50

A

General

4.90

34%

6.00

31'Ac

22'A Mar

Jan

5.30

common

1.80 Jan

Leduc-Consoiidated

20%

9C

Petroleum

General

1.30 Mar

1.32

20%

Alberta

of

Exploration

Gas

35,825

High

Apr

39c

14

.—*h

A—

class

Jones

to

4.20

7'Ac

Mines

Lawson

Gatineau Power common

—3(V

Becord

Laura

100

5c

34c

Lapa Cadillac

18

Low

4.35

32c

•—

Sons

to

68

14

Apr
Jan

Range Since Jan. 1

High

4.35

Landover Oils

59

59

Low

8c

28c

1.10

3,100

Shares

8

Gold

Feb

14 %

A——

Co

Cos

Fraser

Frobisher

/

1.35

for Week

Range
,of Prices

Pari:,

19c

18.500

Sales

Week's

Last

High

1.35

class

Motor

Ford

23c

1.10

—*
*
*

Manufacturing

Fleet

Friday
Sale Price

Range Since Jan. 1
Low

20c

20 Vic

Flank Petroleums

ENDED APRIL 24

STOCKS

Shares

High

Low

Par

WEEK

for Week

Range

of Prices

Sale Price

STOCKS

FOR

Sales

2.75

1.75
9c

Jan
Jan

6'Ac Jan
63A

Apr

{

2.94 Mar

19c

YApr

'

26c

Feb

2

7'A .Feb

26,000

22c

Jan

6,700

75c

Mar

1.15 >Jan

■

5,500

12c

Apr

17c

Jan

'

45,200

4y*c Jan

10c

Feb

!

42,800

11c

Jan

63c

80c

Mar

>Apr

1
■

»***.
*

5

Volume 177

Number 5215

...

\

The Commercial and Financial Chronicle

(1831)

47

CANADIAN LISTED MARKETS
RANGE

m

Friday
STOCKS

Wee*'s

Last

Ranee

Sale Price

Obaska Lake Mines Ltd

O'Brien
Office

Gold

Oil

O'Leary

.:10c

4,000

95c

<S5c

3,800

12

412

500

8c

Omnitrans Exploration

Pyrites

Class B

8,100

17,500

19 tec l®2c

1,000

sj 5C

13,500

19 tec

4%c
2.45

Co

Ltd

1.35

•

12,500
60,165

warrants

Steel

4%c

7,100

22c

common

3,550

«

50

Opemiska Copper Mines

1

1.50

Orange

Crush

*

3.60

Gold

1

Orenada

Orlac

Red

Osisko

Lake

Lake

Petroleum

Page
Pan

1

__

1

Tubes

Hershey

Pamour

Patamaque
Parbec

Penman's

Nat

Ltd

Perron

Placer

Jan

2.25

Apr

4c

3.45

Feb
Jan

Jan

29c

Mar

9c

2.05 Jan

Feb

1.24
22c

Apr

2.20

19

Feb

1.40

3.00

Apr

1.99

Jan

3.75

Jan

Gas

24,576

68.

Apr

72

90c

Apr

68

245

15,200

13%c

Petroleum

50,100
243,000

9

Union Gas

•

28

Union Mining
United Asbestos

l

16c

1

3.65

United Corp
class B new
United Fuel class B preferred
United Keno Hill

*

35c

Feb

54c

Mar

Jan

18c

Feb

5c

3,000

4c

Jan

8 tec Mar

4,200

4tec

Jan

10c

Feb

46c

7,892

45c

Apr

58c

Jan

7.25

4,000

Feb

25

50

21 te

100

20

8.75

Apr

United

Steel

51

Jan

Jan

22

Jan

42c

42c

3,600

42c

Apr

65c

19c

18c

3,800

18c

Apr

30c

50c

Apr

83c

Jan

Jan

32% Mar

56c

50c

II,600
25

1.35

1,31

2,435

1.91

300

32,700

44c

43c

20 te

1.10
36

1.27

Van

1

Ventures

Violamac

2.15

Feb

Vulcan

1.25

10 tec

Apr

1.00

45

Apr

Feb

21c

9%

Jan

12%

Jan

40

Jan

Waite

r.

'

Class

West

Jan

1.65

W)

A

Jan

34,450

70c

Western

Leaseholds

15,100

16c

Grocers

Long

Rowan

A

Class

21c

Apr

B

17
8c

Feb

Jan

1.70

Apr
Jan

„
-

Jan

48c

Mar

Jan

«£2
33c

Wilrich
*

67c

Mar

7|c

7,300

60c

Apr

74c

Apr

Winward

12vfc

2.500

10tec

Jan

21 %c

Feb

Wingait

19c

-23 c

85,620

Jan

33c

Mar

23c

38,800

8c

1.14

Feb

10,000

2.50

Jan

3.25 Mar

95c

14,054

Apr

1.15

Apr

Winora

2.45

17,950

Jan

3.40

Feb

Wood

(G

12%

75

Wool

■13 fce

1.62

9c

Jan

22c

Feb

6,216

22c

Jan

35c

Yankee

Jan

York

34

588

32

Jan

35

Jan

Yukeno

14%

2,330

14%

Apr

17% Mar

21c

4,700

-

23,100
19%

440

30 te

446

1.96

100

30

1,160

2.19

32,075
110

1.80

5,100

5c

•

14,300

38%

315

warrants

Shawinigan Water & Power common—*

20c

3c

32c

Feb

50
1

120

15%C

107,732

Canuck

Knitting
Mines

B

Brew class A

Jan

5tec

Apr-

24

Silanco
Silver
Silver

97

Apr

99

Feb

30 te

Apr

37% Mar

Miller

2.12
18

1.80
5c

38%

7c

Jan

/

Class

:.

Siscoe

(N)

16

1 Souris

common

21

Jan

Anglo

Jan
Mar

Brown

50

Mar

1st

Feb

2nd

2.80
37c

Apr

Apr

35c

Jan

Co

Canadian

4.25

Apr

5.75

Jan

Canadian

*

Paving

common

Gas

Co

of

1

Press

Supertest
Surf Inlet

Sweet

Grass

Oils

Ltd

Sylvanite Gold
Tamblyn Ltd common
Taylor, Pearson common

Teck-Hughes Gold Mines
Theatre Properties
Thompson-Lundmark




Feb

72C

BOc

67,800

72c

Apr

8c

9c

8,000

74c

1

.

_

Jan
Feb
Jan

4.35

'

■

Jan

.30% Mar

-

95 % Mar
1.14

Jan

12 tec Feb

8c
Apr
5%c Jan

12c

10 tec

9 tec

9 tec

11c

8,100

9c

12c

193,800

13c

33,000

83c

6%

6%

6%

3,286

53/4

99 te

55

96 te

10c 11 tec

62,600

99 %

100

12%

12%

150

2.18

2.15

2.27

2,800

30c

30c

■

99 te

■

11 tec

5c

Jan

98% Mar
9%

45c

Min
mi

nnf.ni

Feb

1.30

Apr

4.00

Jan

1.36

1
21c

_1

17c

1.30

1.40

8,210

4.50

150

40C

24,499

35c

Apr

59c

Jar

20c:21 tec

11,500

20c

Apr

49c

Jan

16c

22 tec Jan

1.75
4.50

Jan

Api

Sales

Week's

Range
Of Prices

for Week

Shares

Range Since Jan. 1
Low

Loto

8%

8%

75

87/a
7%

High

5

7%

7%

7%

2,935

•

Develop—I

24%

24%

25te

1,362

9%

9%

9%

1,075

90

90

30

48

47 te

48

295

6.10

6.10

6.40

450

—-1

common

*
-

— _■

5

Apr

98

Apr

49 te Mar

5.80 Jan

6.75 Feb

Apr

Canada

&

Dominion

16

17

J6%

17 te

715

3

——

3.40

3.40

3.40

100

35

35

Apr

46

Jan

Apr

25%

Jan

3.25

Apr

Canadian

Industries

•

37%

37%

38 te

606

37te Jan

Feb

7.75

Jan

Canadian

Marconi

4.55

4.75

300

4.50 Mar

Jan

Canadian Western Lumber—

8te

9

19,585

Jan

Canadian

Jan

Coast Copper
Commercial Alcohols

83c

75c
1.00

9%

9%

1.25

Feb

1.75

Apr

10

Jan

8

Feb

45c

Apr

Apr

17

7te Mar
12 te

Jan

Mar

68c

Jan

37te Mar

34% Feb

18 te Mar

Feb

•

Sugar

'

Collieries

Mar

32c

Jan

Apr

22

Apr

Apr
12% Mai

8% Feb

Jan

20c

Jan
Jan

27%

90

20

20c

9%

46 te

24

7.00

High
10

Apr

Apr
24% Apr

380

50

.

Funds

Last

25

21,610

45c

Exchange - Curb Section

,36

6,013

Feb

Jan

35c

16c

^
*

_

16c

2.58

Feb

24

Invest
common

1

Consolidated
Dalhousie

9

—

Dominion

42

FVo

5.25 Jan
10te

Feb

72

Feb

62

62

10

1.50

1.50

200

1.50 Mar

2.00 Feb

*

3.00

3.00

3-00

100

3.00 Apr,

3.20 Mar

34%

34 te

*

5
common

—

62

Apr

35%

2,630

34 %

22c 24%c

Paper

Oil

deHavilland

8te Jan,

4.10

-•

Westinghouse

4,000

22c

Apr

28c

75

Feb

85

73

Apr

83%

Apr

37 te Mar

Feb
Mar

80

80

585

73 te

73

75

100

34

34%

750

49
29

48

49

1,000

48

Apr

55 te Mar

27

29

605

27

Feb

29% Jan

34

"35

31 Ya

Apr

38

J**1

50

50

25

48

Feb

50

Mar

5

24%

24%

26

2,355

24

Feb

27%

1

Aircraft

4.35

4.35

4.85

*

—

*

Bridge

Apr

1.15

Jan

20te

Jan

22%

Apr

International

Paper common

17,700

30c

Feb

45c

Jan

International

Utilities

30c

Jan

47c

17%

Jan

20

Mar

..

Jan

Mar

2,700
775

65c

18

735

1.50

6,132

1.13

335

16%

29%

2,395

30%

350

9 tec

20,000

7.00

30,015

10

3.25

40

1

5,500

—1

2,10

18,525

*

14

1,420

100

30

,

8c

107,500

54c

223,665
2,975

*

100

>

675

„

Apr
12% Apr

1-91 Feb
20c

24

•

\

Feb

100

8,000
15,600

•

te

1

Jan

12C

Jan

*

18

25c

100

4.50

1
.m

A__

8,966

65c

7% Mar

Apr

General

8

15 V*

Jan

13e

16 tec Feb

Jan

Cottons common

1.00

9%

16c ; Feb

9'tec Jan
4%c Jan

Canadian

50c

Preferred

Jan

91 %

22 V* Mar

100

(ordinary)

Apr

26 te

97

Feb

*

I

2.25

593

95

20

1

preferred

Sudbury Contact
Sullivan Cons Mines

2,450

30

99 te

1.85

Jan

Feb

Hayes

*
7te

Steel

5

6

Inc

Loblaw

—*

MacLaren Power

Jan

20% Mar

23%

Apr

34

Jan

Price Bros

30 te

Apr

34

Jan

Third

15c

Feb

Yukon

9.75

Feb

Zeller's

Minnesota &

Ontario Paper

PCQd Oreille
common

2.69

94

95

5

Canada

2.25

29%

35

•

Steeloy Mining
Steep Rock Iron Mines

;

21c

•

Oil

Stovel

4.25

7.30

22

Stanwell

Preferred

34

21%

36c

Standard

Steel

51

Jan

2.30

Gold

4.35

*

Ltd

Feb

*

preferred
preferred

Jan

Stadacona Mines (1944)
&

&

Newfoundland

1.15

•

Stedman Bros

301

6.85 Jan

Asbestos Corp

43

Apr

15%

•

Ltd

46 te

33

'42tec Jan

Apr

National

32

*

—

Oils

48

Par
Andian

Feb

20

Valley

Southam Co

Apr

5.90

*

Jan

Apr

Apr

t

4 Spooner

Feb

25c

2,925

Sale Price

Jan

•

.

Feb

Apr

6.20

Feb

2.82

Feb
Jan

47 te Mar
8c

Feb

12%

14

_1

Co

15,778

Apr

10c
24

21%

5.90

Friday

52c

50c

class A

Gold

Slater

25c 31tec

17c

'Jan
Jan

Mar

6.00

Canadian

28%

I

Mines

-

320

48

STOCKS

52c

«

Ltd

Oil

class
___

2.81 Mar

Feb

31%

1

B

Simpsons

25c

5c

5c

3,600

Jan

15%

;

Mines

Dairies

128,300

22

64c

,

1.65

Toronto Stock

32

.1

Standard

17c

6c

21%

Apr

Feb

2.25 Mar

1.95 Mar

52c

•

Mining

Silverwood

8c

41c

20 te

Breweries

Voting trust
Sigma Mines (Quebec)

15c

21 te

,

Jan

•

:

5,000

Feb

19%

«

Gordon

45c

Jan

50c

„*

.

Sheep Creek Gold

41c

Feb

1.30

Zenmac Metal Mines Ltd

Bulolo
Shea's Winnipeg

Apr

100

Yellowknife Bear Mines

Apr

"

Mines

13%

30c

7%c Mar

•

preferred

12 te Mar

•

20c

Jan

(1945)

200

30

Wright-Hargreaves

35c

Mar

B

12%

Yale Lead & Zinc

Apr

12

Oil

Feb

123/4

preferred

Jan

15

Sicks'

Hi

Feb

5c

100

common

13 te

1

18c

*

Ltd

47

Jan

21,381

_

__

10c

110

Co

12te

Jan

10 te

12%

Gold

34,000

15%

&

Apr

43

120

old

2,000
\ 16,200

A

Security Freehold Petroleums

•

five

15c

1.97

Sherritt

for

new

20c

47,225

Shawkey

One

7 tec Mar

4%c Jan

2.48

Oils

10%

2,316

123%

Feb

•

Scurry

Jan

11%
44%

6,032

44

Jan

8,800

Sapphire Petroleums Ltd

Selburn

Jan.

12te Mar

11% Mar

3 tec

Scythes

Feb

12%

Combing

90c

6,500

.

95c

33

i

Winnipeg & Central Gas
Winnipeg Electric preferred

•

Bridge

Feb

Jan

exchanged for
Gaitwin Explorations Ltd

5%c

1.70 Mar
32c

Apr

tec

class

10%

io%
44%

1

3.25

Feb

5

Scarfe

42 tec

1

Apr

1.20
20c

1

Sarnia

4,500

1

2.20

1

—

64c

Apr

1.44

Mines

800

Sand River Gold

Class

Gold

6,500

*

preferred

53c

Jan

3.25

Jan

33

Gold

16,900

1

Corp common
Gold
1

1.37

Winchester Larder

20c

•

Power

36,628

1

1.33

•

Antonio

Jan

24%
15c

•

2.20

Royalite Oil

St Lawrence

15c

Mar

Being

10

Saguenay

3.25

7c

18% Apr
7tec Mar

1

;

1

common

2.50

Petroleums

•

Gold

3,000

100

2

Wiltsey-Coghlan

12c

2,000

Industries

11,260

7c

8c

1.35

—

60c

warrants

Rupununi

Jan

33

Tungsten
(Geo) common

67c

1

: Rundle Oils Ltd

Feb

1.70

1.30 Mar

18%

2.60

Jan

•

1
.

II,300

21

Feb

1.60

14%

-

1.35

Ltd

Preferred

Jan
Feb

WeSton

60c

Royal Bank

Class

"Western
*

1.00
35c

13,520

warrants

Roy Silver

Russell

4

*

.

8c

Feb
"

6,360

8 tec

58c

Apr
Jan

7c

*

1

Lac

1.38

1.14

*

1

;

1.32

30c

11

Mar

10c

1

common

30c

19%

*

common

:

1

Roxana Oils

'

Jan

67c

50c

Consolidated

Class

San

1.55

Apr

A

1

1

(Little)

1.38

1

1

Robinson

10% Jan

4.65 Mar

10,300

1

Rix-Athabasca

24 '

Jan

2,890

1

11

Oil

Jan

8te

14,800

Ashley

Western

Jan

,

Cons

21 te

69,250

•

®|c;

:Vh

Apr

205

33c

1

Homestead

13,900

12

4,825

1.45

Products

Western

-

Feb

4.80 Mar

Apr

1

Malartic

Westeel

Western

18 5/2

3.00 Feb

*

:

Feb

1

27c

*

i.__

Mar

4,200

Apr

23

13%

•

20c

1.65

Feb

16c

'

9.00

1.14

•

common

27c

.00

C Roche

Ltd

Weedon Pyrite & Copper
Wekusko Consolidated

Mar

1.70

-

(G &

Waterous

Mar

1.40 Mar

Amulet

Walker

Jan

1.03

Feb

9%

Jan

Jan

1

10

29% Mar

8.70

13 te

1

7c

1

Prado

30c

1

13c

Queenston

i

Mines

Oils

2,500

Quebec Manitou

Rio

11%

Jan

Mar

Feb

•

11,000

ilJC

Regcourt

427

1.33

1

'lie

J0C

—

39,985

12

13 te

I

:

2.84

95c

25 te

•

lOtec

L6c

holdings

3.85

Jan

22 te

8.70

1

Mines

8c

17c

Util

3.50

•

L4c

73c

Reef Petroleum

12,300

Feb

43c

6 tec

34,800

1

Reeves MacDonald

18c

Feb

2,785
35

45,800

3tec Jan
6.80
3.25
15c

Apr.

2lc

6c

49%c

.

Jan

14%
101

Ltd

9 tec

Jan

Apr

90c

FOOTNOTES FOR
♦No par

Jan

58c

4

5.00

50

58C

59c

8,800

21%

22

4.35
28

335

28 te

85

4.85

Apr
Apr

Apr

55c

Mar,
18te Jan

6.50
34
5.25

67c

1.46

a

year's

Apr

38 V2 Mar

8

Jan

10

in

Jan

Jan

9

Apr

9

Apr

11c

Jan

24c

Apr

e

sale
range).

delivery

(not

included

Selling ex-interest,

f Flat

sale

wd When delivered.
wiWhen
x

u

price.

rCash

(not

dividend.

privileges,

range),

year's

Ek-liquidating

(Un) Admitted to unlisted trading

included in

Jan

35

2.20

t

Odd lot sale (not

included in year's range).

z

issued,

Ex-dividend,

Ex-rights,
Ex-stock

dividend.

Jar
Jan
Mar

Apr
Mai

22 % Mar

OUT-OF-TOWN AND CANADIAN MARKETS

value.

d Deferred

1.90 Mar

2,860 x

28
4.85

Apr
Mar

Jan

1.20 Mar

Consolidated

*
Investment—*
—1
*

35% Mar

Jan

2.92

Jan.

97% Jan

General

310

Jan,

3.60 Mar

Apr

Mar

2,00 Apr

"13

Canadian

33

i

Feb

17c

Jan

16c

Jan

1

,36 tec Mar

;,

Jan

8

100

2,485

•

Ltd

Apr

34 te

2,825

1

_•

1.55

69c

Apr

7

790

9
28

11%

•

—

Vicour Mines

1.90 Mar

452

3.00

1

4.00 Mar

46 te

Jan

9

25

Zinc

Mines

Jan

850

.1.43

Roi

1.50

9,200

1

1

Water

&

Upper Canada

'Jan

30

Lead

9

9

2.30

17c

26%

Feb

1

*

Red Poplar Gold

•

Oils

United

Feb
(

1

Union Acceptance common
Preferred

3%c

6.60

Corp

Jan

Class

Red

•

Jan

1.11

5 tec

•

Mines

Feb

357,920

Jan

Uranium

41c

60C

1.52

Uranium

6,400

2.50

1

Inlet

Apr
Jan

49c

Feb

Radiore

47C

33 te

2.30

Feb

Ranwick

45c

1.05

7,728

54C

23%

Rankin

45c

34,000

2.45

40c

Prospectors' Airways

.

—•

Oil

Tungsten
11

Apr

Mining

37

Jan

4,315

93c

•

Mines

36

13% Mar

2,500

20

.

1.18

36

Apr

28tec Mar

Apr

14c

-

2,680
13,900

Quemont

1.05

•

3.15

Jan

—.

River

Quesabe

1.14

Transcontinental Resources

1.30 Mar

w,,

•

Jan

■

11%

Apr

Gold

6,274

9c

"

Powell

1'

625

3.35

Feb

28%

Jan

86c

;

24 te

3.15

Jan

30% Mar

Apr

Feb

10,950

Labrador

23 te

3.25

Jan

14c

Apr

12c

*

Quebec

23te

___•

9c

27%

1.70

.

26 te Mar
20c
Jan

24c

Oils

Quebec Copper Corp

57

6,500

1.76

—

3,500

3,412

28

17,033

Jan

Chibougamau

9c
28

14c

1.40

Purdy Mica Mines

9c

27%
28

27 te

♦

32C

36%

"Quebec

16

12c

Poplar

4

Jan

..

30c

1,965

Dome

15

30c

6,800

East

45

13c

1.40

Preston

16

•

36%

_

16

•

1.40

Border

Mar

Triad

36%

Metals

31.

Apr,

Trend

1

Corp

Jan

Feb

1.20

Transvision-Television

1

Power

14

28 te

u

.

Jan

•

Pressed

12 te Mar

125

Feb

Oils

Premier

370

15c

1

Rouyn Gold

I,100

30

77c

31

;

1.25
13 te

Jan

*

Uranium

Mar

Mar

•

Mines

Mar

51c

29

*

Trans Mountain Oil Pipe Line

Apr

15c

42c

Jan

Ill-

United

_

A

new

Trans Empire Oils
Trans Era Oils

Feb

Feb

22c

1.20

1

class

new

32c

22,600

13 te

*

Warrants

Jan

21% Mar

Mar

6c

50

Development

Powell

Finance
B

.

11,160

35c

1.20

Jan

65c

Ponder

-tl

Traders

High

41c

30c

13 te

20

Towagmac Exploration

2.95 Mar

Apr

I

Low

5c

«

_

Gold

Pitch-Ore

Feb

11c

1

Photo Engravers
Pickle Crow Gold
Pioneer

17c

Jan

Range Since Jan. 1

High

40c
33c

Torbrit Silver Mines

Jan

8c

15c

1

Toronto Elevators
Toronto General Trusts
Toronto Iron
Works common

4 tec

1

_

&

Gold

1

Gas

Goldfields

Petrol Oil

Gold

Tombill

Low

52c

common

Gold

Toburn

Feb

1

People's Credit Securities
Pcrshcourt

Feb
Feb

1.15
13

1

Consol

River

Par

11,300

.1

—.

Malartic

Paymaster

13 tec

Shares

16,000

10c

s

Partanen Malartic

Peace

460

I,000

•

Oil

Mines

Jan
Mar

T

for Week

54c

_.*

Porcupine

Western

90c

Sales

Range
of Prices

7%c

1

(Eastern)

Pacific

27,400

7 tec

1

Mines

Pacific

7%c

High

lite Mar

Week's

Last

Sale Price

Class

Ontario Jockey Club
Ontario

»c

8c
2.25

•

„

8|

if 9c
£.40

8c

2.37

•

Malartic

Ontario

8c

•

90o

*

24

Friday

Iftigh

8%C

•

»***,—

Oils

APRIL

Range Since Jan. 1
Low

1

Selections

Okalta

ENDED

STOCKS

Shares

1
__

WEEK

for Week

Prices

*

Mines.

Specialty

Ogama-Rockland

of

Low

Par

FOR

Sales

I

\

48

The Commercial and Financial Chronicle...

"1

(1832)

Monday, April 27, 1953

OVER-THE-COUNTER SECURITIES
Quotation for Friday, April 24

Obligations of Government Agencies

Investing Companies
: -

Mataal Funds—

Aberdeen

25c

Fund

Mutual Funds—

Ask

Bid

Par

Johnston

95C

86c

(The)

4.86

5.26

Fund

1

x3.89

4.15

Keystone

Inc—1

11.43

12.42

Inc__l

9.60
18.25
3.04

10.43
19.84

3.32

B-4

(Speculative
(Income

Inc

Fund

Business Shares

American

Mutual

Fund

Axe-Houghton Fund "A"

Axe-Houghton Fund "B" Inc—5

Axe-Houghton Stock Fund Inc.l

1
1
Blue Ridge Mutual Fund Inc__1
Bond Inv Tr of America
*
Blair

Corp

Corp

Holdings

Fund

Boston

Street

Broad

General

Canadian

8.84

1

23.40

25.64

1

8.60

9.30

Loomis Sayles

(Net Asset

Net

shares—lc

3.24

3.57

2s

Metals

lc

3.71

4.09

2y4s Feb.

shares™.—

lc

4.90

lc

5.01

5.52

—lc

4.42

4.87

15.35

16.69

Petroleum

X12.47

13.56

Steel

,

34.11

34.45

X

16.19

17.80

Inc—

5.17
*

5.67

7.69

7.23

25c

2.01

10.17

11.05

16.94

1

13.42

13.42

Mutual Shares Corp—
Net

asset value

Mutual Trust Shares

beneficial

Of

10.61

1

Balanced

11.53

1

l%s Dec.
99.9928

l,

Investors

National

.

2.51
34

2.75
36

7.94

8.64

6.55

7.18

Balanced

Priced

Low

Preferred

Income

Corp

Series

11.19

99.9369

.9612

99 IS

15, 1954

Values

100

97.28

1956.

97.16

97.24

1957

96.24
96.24

97.4

1957

95.24

96

1958

95

95.8

2%s Dec.

1, 1953
l%s March 15. 1954

99.30

99.10

Federal Intermediate Credit Bank Debentures
Bate

Dated

Due

Bid

Ask

1

3.58

3.91

1

5.38

5.88

1

10.34

11.30

lc

2.79

3.0S

Series

6.94

7.60

18.79
2.43

20.59

2.75

Stock Series
Industrial Stock Series

Fund

panada
—i

Inc

4.27

21.28

New

1

17.84

19.29

62.63

Pacific Amer Investors com—10c

5.85

1

5.58

6.07

8.66
7.88

9.49

Pine

lc

8.64

Pioneer

lc

8.94

9.80

Putnam

Building shares

lc

9.16

10.04

Chemical

lc

8.83

9.68

shares_lc

14.67

16.06

lc

5.10

7.71

8.45

shares

shares—

Aviation

shares

Electrical Equipment
Food shares

administered shares—lc

Fully

$1.50

Fund Inc„lc

Fund

England

5

Petroleum

Trading—

&

Street Fund
Fund

1-53

b2.35

2.05%

2.25%

12-

1-52

9-

1-53

b2.45

2.25%

2.30%

9-

2-52

6-

1-53

b2.45

2.20%

2%%

1-

2-53

10-

1-53

b2.50

2.30%
2.30%

2.30%

10-

1-52

7-

1-53

b2.45

2.20%

2.35%

2-

2-53

11-

2-53

b2.50

2.25%

11-

3-52

8-

3-53

b2.45

2.25%

2.30%

3-

2-53

12-

1-53

b2.50

4-

1-53

1-

4-54

b2.50

2.30%

2.50%

5-

1-53

2-

l-54wi

b2.65

2.50%

United States

Treasury Bills

Bid

April 30,
May

7,

b2.15

1.75%

June

18,

1953

b2.05

1953—
1953

Ask

1.90%

June

19,

1953

Bid

14.28

1.90%

June

25,

1953

b2.05

1.92%

1.90%

2,

1953

b2.20

2.12%

May 28, 1953

b2.05

1.90%

9,

1953

b2.20

2.12%

16,

1953

b2.22

2.12%

23,

1953

b2.22

2.16%

June

4.

1953_.

b2.07

1.92%

July
July
July

June

11,

1953-

b2.15

1.90%

July

19.58

Bank

27.67

2%

12.96

14.01

Chemical Bank & Trust

of Boston—1

25.24

27.28

Investing Company shares—lc

12.56

13.75

lc

7.21

7.91

Shareholders Trust

lc
lc

8.34
6.26

9.14

Sovereign

1

7.91

8.66

6.87

62.00

65.50

lc

12.78

13.99

State Street Investment Corp—*
Stein Roe & Farnham Fund
1

shares

—lc

2.80

3.09

Equipment shares

lc

4.50

4.94

lc

7.98
7.02

8.75
7.70

Texas

lc

4.57

5.02

United

Accumulative

lc

6.82

7.48

United

Continental

1

10.73
25.71

11.73

United

26.48

United Science Fund

1

11-65

12.01

Value

1
Inc—1

5.00

shares

shares

Mining

shares

Petroleum
Railroad
RR

Bond

Railroad
Steel

shares

stock shares

lc

shares

Tobacco

Utility

shares

shares

Growth Companies Inc
Growth

Industry Shares

Inc—1

Guardian Mutual Fund Inc

1

Plan

Hudson

Inc.,

Inc

Income Foundation Fund

Incorporated

1

4.61

4.98

1

Fund

Fund

23.02

24.89

10c

1.82

1.99

1

10.38

11.22

lc

13.04

14.26

lc

Investors

84c

92c

Bankers

Scudder, Stevens & Clark Com
Stock Fund (net asset value)-*

Amer Shares

Investors

21.95

22.17

1

8.25

8.99

1

Technical Fuod Inc

13.82

15.06

Inc
Fund

Bank

Fund

Group shares

Income

Line

Fund

Fund

Line Income

Wall Street

Wellington

Fund

Wisconsin

Investment

(White
Empire

1

11.56

12.57

North

1

11.08

12.11

16.62

16.98

Federation

Series

Casualty & Surety

Aetna Insurance

10

Bid

113

—10

46%

50%

6.43

Guaranty Trust Co

—2Q

633/4

Hanover

-20

94

City of

Franklin

Island

9.11

10.40

2.08

2.38

30%

32%

American

Alliance

10

34 %

36%

Maryland Casualty common
$2.10 prior preferred

American

Automobile

4

45 %

47%

American

Equitable

5

30%

32%

Massachusetts

5.25

MM*

American

Fidelity &

23%

of

Casualty_5
2%

21%

American

23 %

24 V2

36%

38%

National
National

83

National Union

10

55 V2

58 Mi

New

Bankers
Boston

&

Shippers

Insurance

Camden

Co

Fire

5
—5

33
22 Va

New

80

35

Fire

23%

North

York

19

22

—20

60%

62 %

of Freeport
Morgan (J P) & Co Inc

-100

—20

29%

—

284

39

47

New

York

Bank

Trust

5

38%

National

Bank

&

States

—25

Trust

Co

Trust

—10

._100

10

10%

10

28

MM

66

5

Fire

64
40

42

2
10

42

44

5

River

23%

25%

2.50

Fire

National

Bank

50%

105%

1083/4

44%
116

16%
275

46

120

173/4
285

&

57

26%

28%

Employees Group Assoc
Employers Reinsurance

*
10

49%

51 y4

Pacific- Fire

49%

51%

Pacific

Federal

Indemnity Co
Peerless Casualty
Co

10'

95%

100%

Phoenix

10

99

10

29%

2

10%

3.33 Y3

Trust-.33%

85

Recent
Allied

Bid

Chem

&

Dye 3%s—.1978

99%

Maine Power 3%s_..1983

Central

983/4

Commercial

10

86

90

10

67 %

69 %

Reinsurance Corp

10

52y4

54%

Republic

5

26y4

27Mi

St Paul Fire & Marine

10

36%

38%

Seaboard

General Reinsurance Corp
Glens
Falls—

Globe

&

Globe &
Great

Rutgers

Fire

American

Hanover Fire

Hartford

5

58

60

86

92

62%

65%

Providence-Washington
(N Y)

(Texas)

10

.

12 y2

Surety

10

-

18

88

48

19%

%

31%
11%
MM

30 %

32 %

90

95

39 %

Fire

Hartford Steamboller
Home




10

37%

1.6%

17%

Springfield Fire & Marine

10

46%

20

36
36y2
39

38

Standard

10

41 %

Credit 3%s

Ask

99%

.1965

99

99%

.1978

Fall

Alkali 3%s

River

Florida

96%

97%

3%s

Elec

Power

.1983

100

1003/4

3%s

.1982

94%

95%

Food Fair Stores 4s

.1973

100%

101%

.1983

Georgia
Iowa

100 %

101

37/aS—.1983

100

101%

4s..1983

102

103

33/4s

Power

Southern

Util

Cent Pow & Lgt

Jersey

38

Travelers

Kerr-McGee

4%s

Oil

.1968

Lorillard

(P)

McKesson

& Robbins 3%s~.1973

Co

33/4S—_..1978

.1983

Narragansett Elec 3%s
N Y Chicago & St Louis RR—

43%

5

10
10

10

149

(New

Haven)

Accident
:

100

738

U S

Fidelity & Guaranty Co—2

583/4

60%

U S

Fire

3

39%

41 %

Guarantee

10

125%

131 %

2

22%

23 %

45%

U S

38 %

40%

Westchester. Fire

'

3%s

.1978

FOOTNOTES

758

41
154

43y2

338

353

41

43

Portland

First

Bank

National

12%

38%

40%

States National Bank_20

64%

66 %

20

37

40

20

44%

17

53

56

Manufacturers Bank & Trust_20

27

30

Mercantile

49

52

United

St.

Louis

Exchange

Boatmen's

First

Nat'l Bank

National

National

Bank

Bank

Trust

Co

25

Mutual Bank & Trust

St

Louis

Union

Grove

Bank

&

47%

25

Trust

64

59%

63%

20

60

100

Trust

&

60

20

Trust

Bank

160

180

Francisco

Bank of

Amer N T & S

A„6.25

Bonds—(Cont.)
Ohio

23%

Bid

3%s

Co

Power

1983

Pacific Tel & Tel 3%s
Pub

Co

1979

30%

100

94%

Ask

101
95

Okla

3%s_1983

97%

1978

100%

Tennessee

1973

101

101%
101%

100%

101%

100.7

100.9

104

105

Serv

of

Gas 4 Vis

Electric Service

Texas

3%s_1983

Treasury 3%s wi Jun 15 1983-78

102

98%
97%
99

1023/4
98%

98%
100

97%

FOR

♦No par value.
bBid

yield price.

k Admitted

to

listing on the New York
Stock Exchange.

99%

98

.Stocks—

Iowa-Illinois

4.36%

Gas

&

Electric—

preferred

100

Mallory (P R) & Co—
4.50%
preferred
New

Power Co

4.4%

pfd

52%

96

97

100

97%

•

England Power—
preferred

4.60%
Ohio

97

51%

100

.

96

99%

100%

•

98%

99 %

50

99

-

Pacific

Lighting Corp—
$4.75 preferred

48%

^5

Security

105%

Security Issues
100

103

5

Republic

Nat'l Bank & Trust__100

Peoples 1st Nat Bank & Tr

Georgia Power $4.92 preferred.*

Firemen's Fund

103%

Sylvania Elec Prod 4s
Diamond

60%

10
5

Fidelity & Deposit of Md
Fire Assn of Philadelphia
of

8%

58 %

10

—

Northern

7%

12.50

Northeastern

25

Pittsburgh

59

50

Firemen's

Security-First NatlonaL

San

Bonds-

44

42

47

(San Fran)
Newark

Angeles

United

40%

4

10

Inc

50

31

483/4

25

23%

84%

Forster

48

Los

303/4.

213/4

81 y4

&

10

Detroit
National Bank of Detroit

50

29 %

10

10

Crura

39

Commerce

of

27%

10

185

37%

Bank

33%
205

292

Continental Illinois

253/4

Connecticut General Life

180

49'/a

10

Union

Amer

City

City Nat'l Bank and Trust- -25

1

Continental

Casualty Co

43

Bank

Ask

10

_

Casualty
Hampshire Fire

New

190

16

City Bank

176%:

preferred—5

Amsterdam

35%

32

50

1,550

.—10

Trust

Brook National

82

Bid

171%

Merchants & Manufacturers

60

_100 1,510

Public Nat'l Bank & Trust—.17%

10

Merchant Fire Assurance

79

National Bank

'

2.48

5

58

—10

Chicago

(Detroit)

405

20

Mellon

Meadow

10

10

Y

4.44s

Insurance Co of North Amer„10

25

N

Bank

4.10

Par

Casualty

385

390

22 %

Agricultural Insurance Co

Surety

Square

(The)

36

Companies

Bonding

365

100

Co

National

Franklin National Bank—

21

Jersey Insurance Co of N Y—10

American

Central

Tower

convertible

Savings Bk_100

&

Trust

Cleveland

400

34

Lincoln

Automobile

388

Industrial Bank of Commerce-10

76

10

_100

Y

N

Irving Trust
Kings County Trust

56%

Newark

Northern

97

the

13.94

1

Life

Ask

245

65%

5.46

of

20.22:

73

American Re-Insurance

38%

21.66

1

Series 1956

$1.05

24%

36%

National

1955

Bid

239

Bank

19.86

54%

Assur

22%

—10

6.21

Amer Trust Shares—

National

Trust- —10

&

13.02:

1

Ask

117

136

18.70

10

;

131

13.67

10

Co-

Aetna Life

65

5.68

2.50

E

Series

Bank

Trust

National

United

Par

62

4.61

First

Trade

Aetna

—16

Y)

Trust

Sterling

Insurance

N

Manufacturers Trust Co

Independence Trust Shares

100

Cleveland Trust Co

—10

Plains

Fiduciary

Long

1.30

Trust

Bank

6%
63 %

5.66

Unit Type Trusts—

16.85

1

5%

61%

13.03

Diversified Trustee Shares—

1.18

Boston

Trust- -10

Corn Exchange Bank & Trust_20
County Trust Co

1

Co

National

Harris

48%

1

15.41

of

47

5.88

1

Whitehall Fund Inc

Par

First

46%

1

Investing Corp
Fund

lc

Trust

&

443/4

11.98

Shares—1

Inc

lc

Investors Management Fund

Bank

513/4

4.22

Fund

Insurance Group shares

Investment

382

50%

—10

Bank

5.18

1

Fund

Stock and Bond Group

Investment Co of America—.

Continental

370

—10
—15

Trust

National

11.99

Inc

Institutional Shares Ltd—
Growth

_100

34%

Television-Electronics Fund

Value

Howe

323/4

Bank of New York

Chase

9.57

Priced

Manhattan

27.67

9.19

Merchandising

Co—10

Companies

Ask

Chicago—(Cont)—

the

55.19

shares__lc

Low

of

55.19

(net asset value)—*

9.39

10.65

Selected

Bid

New York

9.72

bond

Bank & Trust
Par

Fund

8.57

Institutional

1.92%

b2.05
b2.05

19.5$

18.11

Scudder, Stevens & Clark
Fund Inc

Ask

,1.94%

May 14, 1953

Republic Investors pund
Name changed to

Stock

b2.05

14.71

18.02

1

Fund

Axe-Houghton

b2.03

(TAB).

32

lc

shares

bond

2.30%

26 y2

25

2.50

Inc

Inc

(Geo)

25

5
1

preferred

Industrial Machinery shares_lc

General

Ask

5-

5.60

Group Securities—
Common (The) Stock Fund_lc
Automobile

Bid

1-52

6,35

Natural Resources

Trust

Due

8-

May 21, 1953

Natural Resources of

58.25

Investors

Dated

Rate

2.20%

5.27

19-68

General

1,

98.4

100

99.8

8.60

4.82

1

Corp

1,

1%S April

7.46

1
—1

Series

Stock

Series

Speculative

6.83
7.87

.

2
1

Fund Inc—

Capital

98.12

1956.

32nds—

in

are

9.95

1

Series

Bond

_1

General

98.12

98.10

12.09

9.10

4.68

Gas Industries

Ask

98.10

15, 1955.

15, 1955.

Security Series—

lc

Inc__—

99.4

115

114

l%s April 1,
l%s Oct.
1,
l%s April 1,

.0025

16.53

1

National

15.40

1

Fund

5.13

lc

stock series

.1961

2.30%

interest

18.85

*

series

95.20

Bid

l%s March

Treasury Notes—

15.40

15.43

24.51

Inc-1

Fundamental Investors Inc
Futures

14.17

1

4.95
17.44

Fund

stock

Common

1

Inc

22.92

Franklin Custodian Funds Inc—
Preferred

95.10

98.24

1%S Oct.

30.10

Mutual Fund of Boston Inc

32.80

10

Mutual

Founders

99.12

1957-55

1958

17.84

1

Corp

99.10

99.2

1956

Maturity—

Ask

Indebtedness—

of

1953
Aug. 15, 1953

Fund—

Life

30.68

5

Industrial Fund

Boston

16.50
27.99

Inc

of

20c

Equity Fund Inc
Fidelity Fund Inc
Financial

Fund

Massachusetts

1

Fund

Stock

1

beneficial interest—*

Bid

MaturityCertificates

Nation Wide Securities—

Fund

Balanced

First

1.83

1

Inc

Howard—

&

8.62

interest—1

.

7.02

Shares—

l%s Oct. 1,
2%s May 1,

99.26

99

1955-53

1,

20.23

Fund

beneficial

Mutual Invest Fund

stock—_1

6.60

Eaton

of

Units

Fund

Fund

7-87
18.71

Massachusetts Investors Trust—
Ctfs

Bond

Inc—10c

Manhattan

29 %

1

Dreyfus

shares

shares—

13.17

12.18

27-/2

Diversified Investment Fund.l
Dividend

103

100.2

5.40

Diversified Growth
Stock

99.28

99.28

:

2%s

Dollar Price

Home Furnishings
Non-Ferrous

1,

100

May

99.20

U. S. Certificates of Indebtedness & Notes

l%s June

1

common

99.28

1953

4.30

3.53

7.27

99.26

1953)

2,

1, 1954

Mass Investors Growth Stock

—:

Funds

3.90

3.20

1

value

Diversified

lc

20.28

Mutual Fund Inc—

Diversified

36.78

shares

Equipment

1

Inc

Fund

36.78

3.81

-♦Paper

Fund

asset

*

5.04

139

99.20

1954

Jan.

Nov.

10.33

Fund

Mutual Fund—
Value)

4.58

6.69

1,

(dated

Panama Canal 3s.

3.46

134

Nov.

1951)

1,

6.41

9.45

1954

shares_lc

6,550

Nov.

2y4s Feb.

1954

1.

Electrical Equipment shares lc
General Industries shares—lc

Consolidated Investment Trust_l

Delaware

5.85

1,

Business

18.76

Bonds—

Bank

Due

2%s

Managed Funds—

1

Fund

1

25c

Feb.

16.49

1

Investment

100.1

8.03

2%s

2%s June

11.75

400

Land

(dated

2%s

IOO

99.30

Ask

Bid

Federal

99.30

18.01

7.40

1,

15.25

com—100 6

Inc—

Vegh

16.50

Com Stks)-1

June

10.86

Composite Bond & Stock

De

19.77

Lexington Trust Fund

-

Concord

36.73

18.12

17,

2 %s

Automobile

100

Composite

33.67

Stocks)—1

Ask

Banks—

1953
1953

Central Bank for Cooperatives—

1

Preferred

Fund

(Appreciation Pfd Stks»_l
(Quality Common Stks)_l
(Income Com

Loan

15,

Due

1
1

Securities

Commonwealth

8-1
S-2

May
2.30s Aug.

19.34

29.37

Pfd

Knickerbocker

Fund.

Chemical

17.73
26.92

K-2

23.09

Century Shares Trust
Christiana

Bonds'
1
Stocks)—1

12.15

Home

2.20s

20.45

24.21

21.36

Inc——

Fund

26.23

18.74
11.13

(AppreciationComStks)-1

5

Inc

Fund

24.09

1

Bonds)

Priced

(Low Priced

8.18

Corp

Bonds)

(Investment

8-3

22.39

Bullock Fund Ltd
Canada

(Medium Grade Bonds)_l
(Low

Bid

Federal

Funds—

Custodian

S-4

_1

Invest

B-2

-r

Figures after decimal point represent one or moro 32nd* of a point

30.39
27.43

B-3

10.20

Fund Inc—

value

asset

29.79

26.23

Inc

22.74

-10c

Inc

Bowling Green
Net

2.70

1

1

B-l

8%

7%
2.20
9.33
21.15

Beneficial

Ask

Mutual

1.25

K-l

Affiliated
American

Bid

Par

Texas

Elec

Serv

$4.64

pfd

OVER-THE-COUNTER ISSUES
t New
x

stock,

Ex-dividend,

wi When
y

issued,

Ex-rights.

Volume 177

Number 5215

-•»

The Commercial and Financial Chronicle

...

~~

m

(1833)

—J

Week Ended April 18

THE COURSE OF BANK CLEAR1NCS
Bank clearings this week will show

liminary figures compiled by

based

us

increase compared with a year ago.

an

Pre¬

telegraphic advices from the chief cities

upon

of the country, indicate that for the week ended

Saturday, April 25, clearings for all

cities of the United States for which it is
possible to obtain weekly clearings will be

5.8% above those of the corresponding week last
year.
at

$19,057,242,953 against $18,019,315,427 fcr the

there is

loss for the week
ending

a

Our preliminary total stands
week in 1952.

same

Friday of 1.4%.

At this center

Our comparative summary for

the week follows:

<

Week Ended April 25—

-

•

- —

$9,479,416,478

953,978,181

829,837,616

1,158,000,000

1,065,000,000

-+

575,461,598

581,811,059

—

367,888,917

341,727,568

+

7.7

326,700,000

311,500,000

+

4.9

*575,000,000

551,301,869

+

4.3
3.8

Philadelphia
Boston

i

Kansas City
St. Louis

San Francisco

Pittsburgh

—

1.4

1,565,960
2,132,417
5,181,902
1,186,000,000
4,101,728
7,369,084

Chester.

Lancaster

Philadelphia
Reading
Scranton

days

York

8,334,637

5,670,964

+ 47.0

13,553,336

13,224,900

+

10,434,928

II,257,161

—

1,243,209,412

1,311,662,937

Delaware—WilmingtonNew Jersey—Trenton(11 cities).

ends

Saturday, and the Saturday figures

Accordingly, in the

—

Federal

Reserve

are

able to give final

April 18.

them

+

3,156,108,920

8,156,424

+ 18.4

229,652,033
475,264,907
41,943,400

+ 14.5

9,889,621
249,988,186

7,776,169
192,075,70a

9.9

478,869,765

330,531,769

+ 15.4

40,475,700

33,298,309

+ 52.6

+ 24.0

6,541,705
9,559,654

5,257,368
7,356,988

0.8

391,512,505

324,463,619

7.7

1,186,837,136

900,759,908

Columbus

48,412,600

Mansfield

10,158,420

Youngstown

13,383,203

410,743,226

414,033,458

1,277,771,045

+

6,656,742
10,795,076

1,186,502,040

Pennsylvania—PittsburghTotal

1.8

West

(7

cities).

Federal

Reserve

—

+

631,221,783

2,873,992

2,693,977

18,823,000

5.2

18,659,000

155,855,172

+ 10.2

168,523,647

12,832,009
137,936,978

6,020,683

4,180,677

Carolina—Charleston.

3,380,326

+

and

appear

the week

present further below,

complete results of the previous week—week ended
was

an

increase

of

4,825,974

+ 30.3

292,096,955

127,429,862

115,467,119

+ 10.4

113,119,812

100,224,867

663,084,243

555,008,507.

+19.5

600,099,380

482,992,598

Columbia—Washington-

Sixth

(6

cities).

Federal Reserve

District—Atlanta—

Tennessee—Knoxvllle.

23,769, 781

25,881,900
110,762,754

Nashville

Georgia—Atlanta.

8.9

—

25,306,875

2.1

+

113,151, 455
342,700 000

335,000,000

96,583,890
315,100,000

2.2

—

for the whole country
having amounted to $18,818,984,499 against $17,982,664,383
the same week in 1952.
Outside of this

clearings at this center showing
to

the Federal

that in the New York District

was

increase of 3.5%.

an

Reserve Districts in

which

they

are

a

in

We group the cities according

located and from this

(including this city) the totals record

totals show

an

decrease of 5.2%.

a

an

note

increase of

improvement of 7.7%, in the Richmond Reserve District of

19.5%

The Chicago Reserve District enjoys a

gain of 2.5%, the St. Louis Reserve District of 4.6%

and the

Minneapolis Reserve

District of 18.0%.

In the Kansas City Reserve District the totals are
larger by 6.5%,
Reserve District by 4.1% and in the San Francisco Reserve District

in the Dallas

4,939,473
175,512,476

164,393,,736

+

6.8

Alabama—Birmingham—

158,266,572

144,103 ,807

+

9.8

by 9.9%.
furnish

we

a

summary

SUMMARY
Week Ended April 18—

by Federal Reserve Districts:

OF BANK

2nd

New York

13

"J

3rd

Philadelphia

11

"

4th Cleveland
5th
,

$

757,274,029

Inc.

1951

697,407,324

%

595,612,070

684,017,029

8.6

+

1950

$

ox

Dec. ft

8,935,988,265

+

3.6

8,566,519,545

7,877,733,183

1,243,209,412

1,311,662,937

—

5.2

1,249,704,027

8,145,,812

+ 13.4

529,620

452 ,007

+ 17.2

145,618 ,396

+

4.4

146,322,847

127,702,510

979,654,125

955,268,964

+

2.6

881,978,737

736,513,301.

**

6,225,542

453,849

Seventh

Federal

Reserve

District—Chicago—

Michigan—Ann Arbor—
Grand Rapids

1,907,838

1,434,671

+ 33.0

1,453,279

1,158,772

15,568,894

12,043,500

+ 29.3

6,614,339

+ 22.9

12,327,207
5,660,478

10,232,864

8,130,993
10,977,151
75,037,000

7,241,833

+ 51.6

6,700,890

5,909,625

Indianapolis

60,561,000

+ 23.9

Bend

11,359,230

9,089,680

+ 25.0

63,869,000
9,859,414

52,720,000

South

Haute

Lansing—

—

,

——

Indiana—Fort

,

...

•

—.

Wayne

7,698,419

3,815,482

Iowa—Cedar Rapids
DeS Moines

3,710,798

+

2.8

2,975,268

2,935,309

107,431,226

100,403,740

+

7.0

89,453,628

5,300,403

Wisconsin—Milwaukee

Sioux

6,430,192

4,928,206
32,286,375

+

7.6

4,629,963

65,179,714
4,042,375

+ 14.0

31,842,455
16,334,860
1,262,790

27,351,448

7.4

1.3

955,492,675

759,893,619

2.0

3,585,114

3,242,667

+ 17.2

—

36,821,506

City

14,822,692

Illinois—Bloomington
Chicago

9,720,784
1,544,771

1,430,039

+ 52.5
—

13,252,461
1,100,599

16,432,685

1,035,837,197
4,631,880
14,026,260

9,373,226

8,623,277

+

8.7

12,680,597
7,186,176

10,647,631

—

...

5,219,865

4,963,409

+

5.2

3,939,637

3,293,124

1,350,980,846

1,317,661,720

+

2.5

1,229,253,431

980,713,712

5.3

349,500,000
150,070,498
105,142,077

298,100,00(1

0.6
9.8

2,218,292

1,838,958

4.6

606,930,867

532,771,895

1,022,813,818

Decatur

4,538,798

—

Peoria

(17

cities)

—

—

5,624,895

1,186,502,040

+

7.7

1,186,837,136

960,759,900

Eighth Federal Reserve District—St.

Louis—

Missouri—St. Louis—

341,000,000
177,055,402

323,900,000

Kentucky—Louisville.
Tennessee—Memphis.

127,704,651

128,470,098

2,382,262

2,647,570

648,147,315

609,765,754

154,748,086

+

+ 14.4
—

137,327,693

95,505,244

1,071,522,505

1,277,771,045

6

3,412,253

112,909,110
115,705,153

cities)—

(10

Total

9,256,499,788

1

Richmond

1952

$
12 cities

7,239,835
4,169,146

,

CLEARINGS

1953

1st Boston

1.4

—

152,061,980

9,234,231

Total

5.8

—

Orleans.

Mobile

Louisiana—New

Rockford

following

7,926, 819
5,007, 151

132,900,644
144,260,348
9,529,460
565,692

Springfield

In the

7,465,119

Terre

we

In the Cleveland Reserve District the

and in the Atlanta Reserve District of
2.6%.

v

19,880.288

79,071,6025it.
265,700,0001
5,452,993

gain of 5.7%, the bank

3.6% and in the Boston Reserve District of
8.6%, but in the Philadelphia Reserve
District the totals register

Augusta.
Florida—Jacksonville

Mississippi—Vicksburg—

4.6%, the aggregate of clearings

city there

3,651,211)
225,653,568

5,280,460
256,202,430

+ 14.0

333,931,065

of

Total

the foregoing will

we

,

District

5.8

as

+ 23.7

19,799,000
171,722,961

Maryland—Baltimore

5.2

+20.5

+

+

District—Rlchuaad-

Virginia—Huntington.

V j rg J n i a—N or folk—

+15.4

today, inasmuch

statement, however, which

For that week there

9,432,125

1,071,522,585

District—Cleveland—

Macon

we

10,283,473

9,659,823

above the last day of the week in all cases has to be estimated.

In the elaborate detailed

6,312,76T
2,672,537
4,555,099

522,367,433

not available at time of going to press.

are

2.5

3,426,445

+15.2

for the week covered by

We cannot furnish

1,249,704,027

+ 10 3

+ 25.6

1,027,000,000 *

263,046,340

258,784,325

$19,057,242,953 $18,019,315,427

issue of next week.

our

5.2

2.5

—

Cincinnati..

+

760,935,173

Complete and exact details
in

7.3

5.9

—

4,205,201

3,506,969

4,109,577
1,198,000,000
3,769,151
7,181,647
2,871,105
5,462,006
12,431,022
II,862,503

+ 20.6

4,298,083

1,260,000,000
6,683,589
2,436,747

+15.4

$18,296,307,780 $17,388,093,644

Total all cities for week

2,029,319
1,118,7421

Cleveland

381,016,035.

3,804,675,865

day

l.lSS.tBT

1,392,923
I,325,450

3,061,668

South

Total all cities, five

1,298,643

+ 11.3

+ 66.6

Wilkes-Barre

Richmond.

All cities, one

+ 22.9

1,199,493
1,407,183
I,279,616

1.1

431,589,774

$14,491,631,915 $14,231,984,724

days

1,473,752

Bethlehem

Fifth

Ten cities, five days

ft

•

8.7

298,215,956

Other cities, fire

.

1ISC

•

Inc. or

Dec. ft

District—Philadelphia—*

Ohio—Canton.

395,454,430

Baltimore

Reserve

Pennsylvania—Altoona.

Fourth

+15.1

498,227,038

Cleveland

Federal

t

ft

$9,342,705,795

Chicago

.

W52

1953

New York

Third

1952

$

Total

CLEARINGS—RETURNS BY TELEGRAPH

1951

IfIS

-

663,084,248

555,008,507

+19.5

600,099,380

10

M

979,654,125

955,268,964

+

2.6

881,978,737

736,513,301

7th Chicago

17

"

1,350,980,846

1,317,661,720

+

2.5

1,229,253,431

M

648,147,315

609,765,754

+

4.6

606,930,867

532,771,895

7

"

503,277,767

426,430,917

+18.0

459,962,702

370,300,796

10

"

583,615,605

548,043,701

+

6.5

583,546,358

459,918,552

6

"

468,437,012

450,142,702

+

4.1

366,787,540

309,185,105

1,087,033,307

988,781,552

+ 9.9

1,059,808,067

856,881,686

(4 cities).

+

980,713,712

4

Total

—

482,992,598

€th Atlanta

Illinois—Qulncy

8th St. Louis
8th

10th

Minneapolis
Kansas

—

-.

City

11th Dallas
12th

San

Francisco

10

Total

"

112 cities

Outside New

We

York

add

now

our

17,982,664,383

+

4.6

17,475,444,819

15.174,905,303

9,933,270,956

9,397,912,211

+

5.7

9,231,999,883

1952

Inc. or

1951

1950

$

$

Dec. ft

$

I

Lowell.—

+29.7

1,623,027

5,176,756

4,435,206

+16.7

3,790,893

"

626,389,568

578,854,613

3,470,960

—.

1,726,065

;

t

2,353,550

.

1,123,345

/

;

Connecticut—Hartford
New

Hampshire—Manchester
Total

3,338,698

577,664,077
,<

1,856,228

(12

:

/

cities)

t:

1,881,171

13

934,634

York—Albany

Binghamton

+104.8

2,138,050

2,108,275

10,907,820

+13.5

8,844,729

8,375,182

10,162,901

8,351,533

+21.7

7,933,312

5,377,896

1,211,623

—«

35,272,975

36,364,843

—

3.0

30,628,018

27,943,693

1 5,560,339

+

5.4

13,564,762

1 3,831,621

38,788,200

33,912,300

1,962,635

1,823,629

+

7.6

1,790,999

697,407,324

+

8.6

684,017,029

0.9

7,824,299

6,228,8841

4,295,667

3,807,843

+ 12.8

4,085,314

+17.7
0.9

4,096,446
11,865,597

3,355,768
3,348,464k

11,623,260

4,179,964
11,515,962

503,277,767

Dakota—Fargo

426,430,917

+18.0

459,962,702

Dakota—Aberdeen.

Montana—Billings
Helena

Total

(7

cities)-

8,520,577

—

+

8,793,418

370,300,79®

809,498

835,329

458,129

829,413

3.2

+

827,847

639,553

+ 29.4

438,799

426,7041

10,067,333
154,813,899

7,745,829

+ 30.0

7,891,788

5,641,185

Omaha—

137,050,866

+ 13.0

161,746,560

11,020,026
19,236,358
353,284,079

—11.8

8,781,462

+ 29.3

15,502,409
369,337,491

99,499,744
7,643,741
12,527,569

9,718,977

Kansas—Topeka

24,863,638
362,879,682
11,560,686

Wichita

City

3,892,481
4,155,733

,

11,199,301
3,499,755
3,558,436

583,615,605

St. Joseph—

Colorado—Colorado Springs.

548,043,701

—

Pueblo.

+

2.7

+

3.2

319,173,549
9,825,413
2,229,971)

12,306,801
3,818,989

+ 11.2

Total

(10 cities),

2,492,550

+ 16.8

2,892,646

6.5

583,546,358

459,918,55*1

+ 20.0

+

Federal

Eleventh

Reserve

District—Dallas—

Dallas
Fort

+ 61.3

16,825,510

19.286,709

"8,428,98«

9,675,788

8,063,898

399,238,844
31.519,394
7,366,000

384,343,062

+

3.9

7,113,178
304,412,508

259,159,009

30,335,280
6,739,000
5,953,984

+

3.8

27,090,627

21.807,078

+

9.3

5.4

11,474,000
4,607,195

5,012,209

+

14,707,478

—

2.3

12,090,032

10,554,48®

309,385,105

Texas—Austin
Worth

Galveston

6,274,947
14,362,039

,

4,223,359

595,612,070

33,248,300

29,772,500

Louisiana—Shreveport—
Total

17,013,250

5.8

3,904,409

+

3,018,073

3,724,868

119,607,598

+

5.4

116,012,242

87,676,188

2,789,357

+

1.8

1,947,864

1,762,462

+

4.1

366,787,540

176,916,719

169,616,825

+

4.3

168,840,478

4,508,823
172,631,123
75,431,504

+

3.9

3,694,942

+

5.9

177,431,374
77,514,806

468,437,012

cities)

Reserve District—8an

Federal

450,1.42,702

4,686,037

(6

Twelfth

27,444,266

2,840,169

Jamestown

91,163,70®

1,338,859

~~757,274,029

+14.4

4,129,047

Elmira

251,235,413

103,941,828

Wichita Falls

126,029,043

Buffalo

6,175.131

321,843,571

+ 35.1

874,485

1,905,803

.

Second Federal Reserve District—New York—
New

6.305,647

+ 13.8

499,259,914
-

16,403,342

Haven

Rhode Island—Providence
New

8.2

+47.5

12,381,190

Springfield
Worcester

+

1,509,776

3,903,013

_

New Bedford

+ 37.5

4,919,474

North

Missouri—Kansas

2,239,144

River/-.

6,322,981

301,591,503
90,492,087

122,240,522
8,439,661

Lincoln

First Federal Reserve District—Boston—

Fall

Paul

Hastings

Clearings at—1953

Massachusetts—Boston

St.

Tenth Federal Reserve District—Kansas City-

Week Ended April 18

•;

Portland.—

8,691,842
343,067,341

^Minneapolis-

Nebraska—Fremont

•

Maine—Bangor

District—Minneapolis—

for the

week ended April 18 for four
years:
.

Reserve

7,559,276,558

detailed statement showing the figures for each city

:

Federal

South

18,818,984,499

City

Ninth

Minnesota—Dulutb.

Washington—Seattle

Francisco

Yakima

182,877,816

Oregon—Portland
Utah—Salt Lake

California—Long

23,930,587

2,322,008

2,161,092

+

6.5

2,340,412

1,936,212

San

Beach

Francisco

8,584,752,172

+

3.5

8,243,444,936

7,615,628,745

San

Jose

29,329,419

25,838,597

+ 13.5

23,427,562

18,982,531

21,485,028

21,688,719

0.9

19,676,308

Connecticut—Stamford

19,369,167

21,527,455

—10.0

17,671,760

17,088,701

<a)

<a)

+ 27.2

17,592,970

61,277,635
15,773,513

13,890,604
499,400,197

+ 10.9

12,214,316
570,471,940

11,450,537
455,697,733
12,349,905

—12.8

14,695,432
5,055,265

2.3

12,296,544

9,231,375

+ 14.6

+ 12.4

15,429,923

Rew Jersey—Montclair

18,811,488

15,400,236

86,473,531

City

Pasadena

8,885,713,543

126,132,19®
3,338,024
156,169,835

New

York

Rochester

Syracuse

Newark

63,626,697

Northern New
Total

(12

59,756,770

Jersey.

74,211,401

76,928,846

cities)..

9,256,499,788

8,535,988,265




—

(a)
+
—

+

1,550,117

6.5

56,767,636
65,387,242

52,910,741

3.6

8,566,519,545

7,877,733,183

17,586,623
6,570,658

Stockton
Total

16,154,059

11,055,975

Barbara

10,802,107

38,818,984,499
——-

Outside New York

•Estimated.

7,534,822

9,933,270,956

+

+

8.9

5,460,925

988,781,552

+ 9.9

1,059,808,067

856,881,68®

17,982,664,383

+ 4.6

17,475,444,819

15,174,905,303

1,087,033.307 -

(10 cities).

Grand Total (112 cities)

41,755,986

3.5

Santa

561,535,125

I

—

(a) Now Included in Newark, N. J.

...II. I

.

9,397,912,211

+ 5.7

<11. I

I,

9,231,999,883

-

— —

■ -I

-J—mt

7,559,276,55®

jf

50

(1834)

The Commercial and Financial Chronicle

Date

Page

May 15
1958_May 1
New England Power Co. 1st mtge. bonds, series A, 314%,
due Nov. 15, 1961
-May 15
Solar
Aircraft Co,, cumulative conv. preferred stock.Jun 24

t2436

Advertising Co.. preferred 6tock
(John) Morrell & Co., 15-yr. 3% debs., due May 1,

General

Pursuant to the requirement of

Section 522 of the Tariff Act of 1930, the Federal Reserve Bank
Secretary of the Treasury the buying rate for cable transfers on the different
countries of the world.
We give below a record for the week just passed:
'

certifies daily to the

Outdoor

CERTIFIED

RATES

BY

APRIL

,

17,

FEDERAL

RESERVE

BANK

1953 TO APRIL 23,

1953,

TREASURY

TO

UNDER

TARIFF

ACT

1930

OF

y1475
1682

1302

,

Co.—

1

1477

1
4

May

1972

1477

Gas Transmission Co.—

due

debentures,

4% %
United

debentures, due

fund

sinking

Tennessee

INCLUSIVE

Gas

Union

Southern

3%%
EXCHANGE

Monday, April 27, 1953

Company and Issue—

Foreign Exchange Rates

FOREIGN

...

Biscuit

Co.

of

Nov.

1971

1,

America,

May
stock.May

...

$4.50

pfd.

cum.

1477

Western

Noon Buying Rate

Country and Monetary Unit

for Cable Transfer* In New York

Friday

Monday
Apr. 20

Apr. 17
$

Apr. 21

.200000*

Preferential

.133333*

.133333*
;

.0719820*

"

.0719820*

$

$

.200000*
.133333*

Company and Issue—

.200000*
.133333*

2.244770

2.244770

Valley RR.—
1st and refunding mortgage 4%%
due

2.244770

-

Maine

.0200000
1

.0199937

.0199937

1st

•

Brazil, cruziero—
.0544060

.0544060

Free

.0544060

.0544060

.0544060

.0223074

British

.0223111

.0221861

.0222111

.325933

.325900

.325900

.325933

1.015000

1.015000

.210700

.210700

Malayan dollar—

1.016875

1.016562

.210750

.210750

.210750

Finland, Markka

.00435401*

.00435401*

.00435401*

France, (Metropolitan), franc.
India, Dominion of, rupee-

.00285625

.00285625

.210700

Ireland, pound
Mexico, peso
Netherlands, guilder

.263400

.263400

New Zealand, pound
Norway, krone
Philippine Islands, peso
Portugal, escudo

2.789294

2.788985

Canada,

dollar

Ceylon,

rupee

Sweden,
Union

.210775

.210775

.210750

2.816875

2.817187

2.817187

2.817187

.116144

.116144

.116144

.116144

.116144

.263400

.263400

.140154*

.496766*

.496766*

.496766*

8
1

1581

.0349000

.0349000

.0348625

.193233*

.193233*

.193233*

.193233*

.233300

.233300

.233300

.233300

Apr 29

2.806351

2.806662

2.806662

2.816875

2.817187

2.817187

2.817187

this issue,

in

tin

Volume

1963

1515

176.

2.806662

2.817343.

1722

Apr 30

Corp.—

income bonds, due May 1,

mortgage 6%

.233300

2.806662

.193233*

.658327*$

.561797*$

.425531*$

.425531*$

.425531*$

.341000*

.338733*

.339066* '*•

.658327*$

.561797*$

.561797*$

.425531*$

.425531*$

.341000*

.341333*

...

DIVIDENDS

-

Dividend announcements

.561797*$

.658327*$

.561797*t

depends upon type

.0348750

,

.658327*$

.658327*t

—

tables. Jin

first

the

nounced during the current

second

a

in

table

grouped in two separate
all the dividends an¬

are

indicate

we

which

Then

week.
show

we

the

follow with

we

payments previ¬

ously announced, but which have not yet reached their
payment date.
;
"
,- r
;

of Merchandise.

When

Per

Nam&of Company

Statement of Condition of the Twelve
Federal Reserve Banks Combined
dec. (- -) since

Apr. 22,

Redemption

20,628,104
for

2,827

21,383,443

2,825

726,079

791

23,642

842,179

F.

755,339

353,330

fund

gold ctf.

Discounts

26,182

11,857

—

reserves

advances

Industrial loans

72

3,481

60,068

1,589

U. 8. Govt, securities:

Bought outright—
Bills

*

I

""

514,754

Certificates

Held

4,521,975

bought outright....
under

U. S.

in

Cleveland District,

Govt,

+

613,848
1,433,914

securities.

23,806,116

the

San

Francisco

Borrowings
member

District,

decreased

$15

15,000

+

F.

loans

from

R.

and

securities..

24,651,776

$60

million

foreign banks

notes

other

of

23

banks—

155,017

—•

3,908,996

million

at

1,444,182

-

2",770

—

Total assets

272,814

+

5,108

193,803

assets

+

20

+

9,235

+

28,358

50,696,055

696,572

Assets—

Loans

37,670

+

1,262,407

456,382

509,139

399,119

168,014

+

367,851

584,652

+

10,205

356,368

+

156,329

84,994

Real

deposits

20,925,853

Deferred availability cash items
Other liab. and accrued divs.

>

3,166,051
19,260

—

635,278

545,020

+

(Section

+

703,370

257,166
(

+

94

924,614

+

14,522

+

for

or

of :gold
to

+

86

+ .4,593

10

+

+

10,260

and

F.

purchased

6,704

-

696,572

+

995,730

bills

Balances

53

,'.;'+
+

.7,711

.+
—

+

+

.28

30

—

20

—

43

5,793

—

56

_V

1,746

1,560

—

158

—

+

5

+

1,396

+

71

+

423

+

254

14,574
916

domestic

banks

—-

2,508

493

—.

6

+

Demand

U.

S.

0.2 %

2.2%

accept¬

4.25%

Fund,

Brantford

Bunker

Government

+
+

1,301

—

621

+

316

+

18

7

*+

73

15

+

211

10,194

1,335

Borrowings

1,062

.

+"
—

712

—

Falls

Hill

443

+

106

+

3,687

Notices

The condition statement of

Below will be found

list of

a

Mills

„

posits

adjusted,

and

$316

million

in

Commercial,
in six

industrial,
districts

and

called

for

PARTIAL

redemption,

agricultural loans de¬
increased in the other six,

brokers and dealers for
purchasing or carrying securities
increased $53 million.
Real estate loans
increased $30
million. "Other loans" increased
$30

million.

REDEMPTION

£.

Company and Issue—
Alabama

and

resulting in a net decrease of $10 million at all
report¬
ing member banks; the principal change was a decrease
of $19 million in New York
City. Changes according to
industry appear in another press release.
Loans to




stocks

demand

deposits
credited to domestic banks, and a decrease of
$621 mil¬
lion in United States Government
deposits.
creased

common

1st

mortgage

Atlanta
1st

Great

&

Southern

3%%

Charlotte

mortgage

RR.—

bonds,

■

series

A,

due

1967

May

Page

5%

preferred

bonds,

due

Nov.

1,

1963

May

1470

mtge. 37/8%

,

bds.,

ser.

H, due Dec. 1,

1973_Jun

Chicago & Western Indiana RR. Co., 1st collateral trust
mortgage 4%% s. f. bonds, series A, due May 1, l982_May
11

West 42nd Street,

Inc.,

1st mtge. leasehold

bonds——May

Firestone Tire & Rubber Co.. 20-yr. 3%- debs., due 1961_May
Florida Power Corp., cumulative preferred
stock,

1

1st

Worth

&

mortgage

Denver

43/«%

1255

1.

1679

1

1472
*
v

due

1982

May

A

________

—__

5V<

1

_

1368

1

5-25

$35c

8-1

7-

6-17
4-30

7-15

5-29

5-15

5-

6-1

5-4

15c

6-1

5-4

1

6-

1

5-

6-

1

5- 4

6-

1

5-4

4

5-15

5-

6-1

5-4

$1.12%
37Vic

6-1

5-4

5-15

4-30

1

5- 1

4-22

43%c

5- 1

4-22

100%

4-18

4-16

t32%c

6-20

5-20

6-15

5-15

6-15

6-1

$20c

6-

$20c

5-22

5-

5

$25c

5-22

5-

5

5-

1

4-15

6-10

5-22

Inc.___'_J:

Fund,

5-15

7- 2

.

(quar.)_

——

common

$6c

:—35c
45c

(quar.)

common

6-

37V2C
—.—

1

1

5-15

5-15

7-1

50c

6

12

7-

$1.75

6

12

1

7-10

$1.25

(quar.)

6-

6-30

1

5-15

6-10

5-20

$1

(quar.)

preferred

2

5-13
*

.__—

—*-

(quar.)

6-30

6-18

6-18

30c

-

$1.23

6-18

6-1

5-6

5-

1

4-20

5-15

4-30

Co.—

.*

Stoc^'dividend
also

6-30

5%

Electric

6-30

$1.31 Vi

_______

^preferred fquar.)

Stockholders

1

7-

$$1.25

(quar.)

CentraSiouisiana
-

5-18

6-

J50c

(quar.)
Celtic Knitting Co., Ltd._
Central Foundry.
5% preferred (quar.)
CentraM'Illinois Public Service, com. (quar.)
4.92%

2
6-20

6-1

$1

preferred

preferred

.

15c

—

7%

-6-16

6-30

$50c

Ltd
Foundry,

Co.

CarriespjCorp.
Case taL-J.)
Co.,

7 1
5-15

31c

approved

a

two-for-one

sppj+of
1'-

Ry.—

bonds,

' ;
0

4.90%_May31_

Fort

pfd. (quar.)
(quar.)

(s-a)____

&

,4-10

$1.05

—

J_
:
Lines, Ltd.—

class

4-30

-

4-20

4

'-7'-.-J
$1.-06%
20c '+

$1

Ltd.

CanadjSjh Investment

1469

1

Car

Convertible

Air Line Ry.—

3%%

.

5- 6

-

5-11

87Vic

—

Canadt+^Vinegars,

4%

1

—

(quar.)

Canadjr'Steamship

;

Chesapeake & Ohio Ry.—
Ref. & imp.

•

Date

common:—:

common

Extr£p;_

CarboUhdum

and

$1.25

-

Concen¬

(quar.)_

"Malting Co.,

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."

preferred

&

preferred (quar.)______

ended April 15: Increases of $254 million in
reserve bal¬
ances with Federal Reserve
Banks, $217 million in bal¬
ances with domestic
banks, $819 million in demand de¬

following

Corp.,

(quar.)

CanadMiri

the

Reserve

>56-3

1

15c

^

Byron
Jackson
Co.
(quar.)
California Pacific Title Insurance—

including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

shows

Federal

5-15

tHVic

(quar.)__,—

preferred

Canada

corporate bonds, notes,

4-27

6-

25c

Mining

(quar.)

Brothers,

4Va%

<quar.)___

A

Oil, Ltd. (increased)
(quar.)

Sullivan

&

weekly reporting member
System in leading cities
principal changes for the week

banks of the

class

6-1

_5- 1

19c

preferred

Butler

7%

Condition Statement of Member Banks

(quar.)_c_

common

4-24

1

-6-15

17%c

—

California Water & Telephone—
Stock"' divideno.
Canada""%ement Co., Ltd., $1.30 pref. (quar.)

Redemption Galls and Sinking Fund

5-

6- 5

'

$80c

_________

Electric

-Ji

>

7- 1

32%c
$1.18%

—

(quar.)—,—_____

Ltd.,

1

'/

<$1.25
62%c

dividend)100%
&

4.20%*rpreferred (quar.)
Burry Biscuit Corp., $1.25

22,356

2,940

Industrial loan commitments..

(quar.)

Co.

Co..

Common

30,452

5-

^

$4.

Inc.

preferred

4%

foreign

correspondents

6-12

5-15

Par

to

$8

(quar.)—;.

Roofing,

Hill

3V2%

"1,019

18

2,625

deposits—.

819

6-26

-

American

British

33

+

4-15

/•

-

Water

Gas

preferred

Boston

—

—

4-15

1

(quar.)—
75c
Blumental (Sidney) & Co.
(quar.),,
25c
Borg-Warner Corp.,. common (quar.) —.$1
3%%.
preferred
(quar.)
_i——_
ZVfac

Buck

18,171

from

common

(stock

Saco

preferred

30

53,542

government

except

1

25c
62%c

$5

(increased)

Co.

Valley

Burlington

deposits adjusted

deposits

RR.,

Brothers Tobacco,

trating

Foreign banks

46.1 %

r

+

217

the common stock.

(quar.)

5-15

5-

Co.—

reduced

Shoe Corp.,

Corp.

6%

7,709

Banks..i_.

S.)

&

Bloch

19,882

...

be

5- 8

5-

combined

split of

will

1

6-

10c

special and
meeting voted approval of a two-

Blackstone

2,068

—

Sons

a'

at

Biddeford

•

V

5-4
5-'4

$1.12

&

Belding vHeminway

128

•

—

_

—

,1,586

+

114

<quar.)

(monthly)—

(quar.)__+j__>c_—
$2.50 pfd.
(initial)-

Co.,

Aroostook

&

Beck.(A.

454

2,115

...

Transit

Beryllium
+

30

.

Co.

pfd. <quar.)__
Bankers Commercial Corp.
(quar.)
Barber-Ellis of Canada, Ltd._i^-l__-:-l_lL_

'*'.. 331

+

10

.1,832

Reserve

6^12

RR.

(quar.)

(Joseph)

value

Bangor

2,066

27

*

1

Federal

with

-

indebtedness...

._

with

+

29,622

Interbank demand deposits:
Domestic banks

R.'

on

.

...

securities

Reserves

Time

re-

for

6,210
;

bonds

4,541

Liabilities—
+ '

50,696,055

liabilities combined

Contingent liability

1

notes

S.

$1.25

(Conn.)—;*—__—

common

4%%* preferred

1,756

....

of

+

+

pur¬

securities—total

5-15.

Line

annual

—

'432.

certificates

U.

27,543
218,778

certificate

deposit

loans

Government

6-12.

Co.

preferred

for-one

carrying

,.

6-1

$1.25

_______

Corp.

Spring

»

86

807

loans

5-4

5-4

Line

2,890

4-25

6-8
6-10

—

6-1

(quar.)

Coast

"1952

+

,

75c
(quar.)—40c

Corp.

Stockholders

4-25

5-1

6-1

(quar.)

Bancroft

4-30

* 5-25

•

6-1

lqi<ar.)

preferred

Baltimore

dollars)

:

6-15
5- 1

59c

preferred

Avondale: Mills,

....

62%c

preferred

Associated

.

6- 3
5-25

22 %c
27 %c

$2.50

Steel

5-14
5-15

+.

common—_—
(quar.)

$1.10

46,334

584,676

13b)

Total liabilities & cap. accts.

ances

dealers

securities..

purchasing

Treasury

2,098

+

-A

«erves

S.

public Service,

•

5-21

75c

(quar.)__:

6-19

6-19
5-15
6- 1
6r 5

6-24
6- 1

2%%

————.——

Foundries

5-16
5-18
5-8

"

.

Trap Co. of America, common..—10c
preferred (quar.)——
—-r,~
62%c

5%

Apr. 16,

+

,

,

6- 1
6- 1

6- 1
/ 6-19

30c

i

Sanitary—

Ayreshire Collieries Corp.

43

banks—

Cash in vault

Other capital accounts

note

for

Treasury

295,387

1,154

—

49,607,892

Capital paid in
Surplus (Section 7)___
Surplus

to

Other

U.

Other

liabilities

estate

Treasury
121,834

—

Capital Accounts—

Ratio

and

Standard

&

dividend

Arizona

<

•

23,287

____

carrying

loans

Loans

46,698

Other

Apr. 8,

agricultural

and

....

brokers
or

Animal

;

+

securities

19,475,694

Foreign

Total

;

to

Other

*

Total

industrial,

loans

Deposits:
Member bank—reserve accts.
U. 8. Treasurer—gen. acct..

Stock

American^ Steel

$4.50

Inc. ( + ) or
dec. (—> since

(monthly)-

Supply Corp.. (quar.)

Radiator

35c
50c
15c

(quar.)

Corp.

Commoq
(quar.)
_—
25c 7% preferred (quar.)———$1,75
American Seal Kap Corp. (Del.)—

the

40,203

Commercial,

995,730

Co.

•

mem¬

1953"

39,594

chasing
25,496,728

American

(quar.)—:

Co.__

Cable

&

$1.15
50c

—_____

Co.

Products

Atlantic J3oast

76,925

Loans—net

Loans

Reserve Notes

...

Loans—gross

LiabilitiesFederal

investments—total

Line

American'Hospital

reporting

(In millions of

and

in

reporting

1953

5,006

658,187

all

Apr- 15,

'5

+

—

Chain

American..Home

Atlantic

1,433,914

49,667

premises

Other

+
-

Barge

American

Armco

banks.

••-v

Uncollected cash Items
Bank

41,254

—

(quar.)

Cement

$2.36

and

•

Total
Due

—

preferred

Portland

5-25

6-12
,6-15;
6-15
6- 5
6- 5
5-22
7- 1
^7+1
6-10
6-12
6-15

-

Inc., -common (quar.)__ •.
35c
(quar.) __1—$1.12%
(quar.)——.
25c
Power, 4.20% preferred (quar.)
$1.05

American

the

«

A summary of assets and liabilities of
ber banks follows:

15,000

_j—

$32 million in

tricts; the principal changes were increases of $238 mil¬
lion in the Chicago District, $213 million in New York
City, $80 million in the Kansas City District, $77 million

8,205,598

'

_

increased

15c

25c

________

Inc.

4.50% '

Alpha

curities" increased $71 million.
Demand deposits adjusted increased jn all but two dis¬

6,672,590

23,806,116

repurchase

bonds

'

(quar.)

Co.,
preferred

Alabama
■

(quar.r•

com.

Reduction

4.50%

districts, and they decreased $71 mil¬

+
—

Air

Co.,

preferred

15c

——

—

Bearing

H older t

Payable of K*e

Share

-

&

convertible

Airfleets,

lion in New York City; the net increase at all
reporting
member banks was $5 million.
Holdings of "other se¬

—

13,773,671

agreement—
Total

+ **514,754

4,995,716

Notes....
Bonds.

Total

Government

cago and St. Louis
+

5%

Francisco District and $18 million each in the Chi¬

786,147

R.

—

and

States

decreased

1952

2

—...

Other cash

1953

San

notes
Total

Apr. 23,

Apr. 15,

1953

certificates

was

indebtedness

I.rlnc
Ball

Aetna

$20 million.

Holdings of Treasury certificates
$43 million and holdings of
Treasury notes decreased $56 million. Holdings of United

'

Assets—

of Treasury bills decreased $54 million in
City and $48 million in the Chicago District,
and they increased $39 million in the Kansas City Dis¬
trict and $35 million in the Atlanta District; the net de¬
of

Inc. (+) or

M.

A.

Holdings

New York

crease

(In thousands of dollars)

Gold

1632

Inc.—

Motors,

.496766*

.0349000

fAppllcation

—May
Jun

Inc.,

•Announcement

.140154*

1681

1581

Corp.—

f. debentures, due April 1, 1962
5% conv. preferred stock

s.

2.789294

.140154*

.496766*

Africa, pound
United Kingdom, pound sterling.
Uruguay, peso
Uruguay, peso
Uruguay, peso
Uruguay, peso (free rate)

Oil

&

Co.,

Witherbee. Sherman
1st

1474

1

'$4.50 cumulative preferred stock, series A

.140154*

franc

•Nominal.

.210750

2.789294

.263400

,789294

Gas

Fruit

Willys Overland

.140154*

South

of

.00285625

2.817395

krona

Switzerland,

.00285625

.00285625

*

May

bonds

mortgage serial

refunding

15-year 4%%
Penn

bds., due Dec.

trust 4%

Hospital and Nurses' Home—

and

National

.00435401*

.000435401*

1474

1, 1954_Apr 27
mortgage 4% % bonds, due Dec. 1, 1960_—Apr 27
Automotive Products, Inc., 4 % s. f. debs.—May 15

Methodist
1st

1577

1

May

_

RR.—

and collat.

mtge.

Maremont

.0223573

.325933
1.016875

Malaysia,

50-year gold bonds,

1961

July 1,

Central

General

Basic

Page

Date

/

Aroostook

.0719820*

.0719820*

.0719820*

:»

.0199925

.0199875

1515

CALLED

ISSUE

ENTIRE

.133333*

>

2.244521

2.244770

Apr. 23

Apr. 22

.200000*

.200000*-

1515

Thursday

Wednesday

$

Basic

Australia, pound
Belgium, Iranc

(Value In United State* Money)

Tuesday

$

Argentina peso—

Maryland Ry.—
General mtge. bonds, 4%% series B, due Nov. 1, 1976_May- I
1st mtge. bonds, 4% % series B, due Nov. 1, 1976
May 1

the common stock effective May

6.

value

"Par

ChainWStore

Real

will

be

Estate

changed
Trust

Chenafifgo & Una dilla Telephone,
4y2preferred

Chica^'W'ilmington

to $5.

(quar.)75c
common—

& Franklin Coal Co.

30c

$1.12Vi

37Vic

.

"7-15

5-

1

6-30

4-24

Volume 177

Number 5215

The Commercial and Financial Chronicle

...

51

(1835)

■|

'

,

-m

r

Copper

"

Co

Gas & Electric (stock dividend).
Clark Controller Co., common (initial)..,
dividend

4.80%

convertible

Cleveland

4%

&

Cochran

Colt's

Foil

•v_

100 %

5-

each

36c

6-15

5-8

87'/ac

6-1

5-8

(quar.)

held

to

6-12

6-

1

$1.50

6-1

5-8

Mining

(par

value

Corp.

Class

B

17Vic

(quar.)

Consumers

Vultee

Glass,

5-29
6-

1

5- -1

6-1

5-1

Aircraft

Ltd.

Corp.

45c
137Vic

(quar.).

'5-25

5-15

Motor

5-29
5-20

5-

(quar.)

$1.12Va

7-1

6-5

4.52%

preferred

(quar.)

$1.13

7-1

6-5

Power

Continental

(quar.).

Co.,

(increased.

common

American

Life

Insurance

Class

Distillery,

B

Ltd.,

class

A

Lumber

Cork
Air

&

5-1

7-15

7-

Ice

Diocesan

Investment

Coal

Co.,

5%

6-25

6-10

Ltd.—

(quar.)—

7$ 1.25

Industries____l__;i'__ii.z^

.$20c

Daniel

Ltd.

'Elgin

Co.

Watch

4.50%

preferred

Farmer

&

&

Brothers

Co.

Co

Screw
Power

Corp.,

4.90%

convertible

General
General

5%

15c

6-18

5-28

25c

6-30

32Vic

6-1

5-1

$1.12Vi

6-1

5-1

50c

6-1

5-8

5-22

5-

Pacific

5-

4-22

5%

Pacific

Mills

5-15

5-

6-

5-15

Page

5-15

5-

5

Panhandle

25c

5-15

5-

5

25c

5-28

25c

6-

;

-

"

%

62 Vic

6-

4%

5-1

$1.25

_____

dividend)___-_

5-

1

5-

J 35c

common
_________

t$1.25

:____

(quar.)

4-20
4-20

5-14

7-

1

6-21

6-10

5-20

5-15

6-

5-

1*

5-

Pure

8-

class

preferred

(quar.)__
Co.

_______

(quar.)

Finance

6-30

Corp.,

common

8-

1

2-1-54
5-25

1

5-1

$2

5-8

60c

7-15

(quar.)
preferred
(quar.)

preferred

Hubinger
Huston

Co.

International

5%

Peanut

Rys.

preferred

International
Investment
>r

6%

Joy

Co.

Keller

Tool

Kellogg

Co.

Co.

One

Kinney

iG.

Stock
r

$4

share

approval

Laura

Lees

6-15

6-10

5-29

6-26

6-12

7-

6-15

:

(quar.)__

Secord

Dye

Works

Candy Shops

(James)

&

(quar.)

<quar.t__"

Co.

Sons

!

___

5%

6-25

6-

9

5

6-1

5-8

5-

4-23

.

'

meeting

pany

held

April

on

1"%

preferred

Corp.

(quar.)

Magic

Chef,

Mallory

(P.

-Manning,

________

(quar.)__.

Mackintosh-Hemphill
Inc.
R.i

&

Maxwell

Co.

&

(quar.)

Maple Leaf Milling Co.,

Ltd

Meier

&

Michigan

Telephone.. (quar.)
Frank

Gas

Co.

Utilities

65c

f

___,

Michigan Seamless Tube




6-

1

5-11

5-

1

4-20

5%2%

5

6-30

6-

6-30

6-

6-30

6-

6-

5-

Akron

7-

1

Allied

Alloy

4-16

35c
87V2c

5

5-29

1

5-14

$3.50

5-15

5-15

Inc.,
f

3V2%

$3.50

preferred
preferred
Water

Oil

5

Standard

5-22

Standard

5-20

5-28

5-14

$1.75

4-29

4-17

Standard

Standard

4%

American

Distilling Co.

f25c

5-22

5-15

5-30.

4-30

5-25
5-25

8-27

6-30

6-

5

American

5-15 -

5-

1

American

Home

5-

1

4-20

12 VaC

6-30

6-17

25c

5-28

5-18

$15c
25C

5-

1

Co.

6-15

6-

7-17

7-10

4-24

5%

5-

6-12

5-27

6

$1

8-

1

8-

1

5-15

5-

5-22

5-

4

5-25

5-

5

5-15

30c

5-

1

5-

5-14

50c

5-

1

5-

1

4-21

6-15

87 VaC

6-

1

6-

6

Gas

6

7%

6-

$1

1

4-20

37'/2C

Briquet

4-30

5-15
5-15

Stewart-Warner

Smelting

Common

"
2

20c

6-15

25c

4-30^

5-

Suburban

1
1

6%>

4-22

6%

6-

Gas

preferred A (quar.)__^
preferred B (quar.)

(quar.)

4-15

5-20
6-

5-

1

6

5

5-15

5-

1

62 Va C

5%

5-11
5-

6-

1

50c

6-10
1

6-

6

5-15

75c

4-27

4-17

10c

4-30
4-30

4-22

37 Vac
37/2c

4-30

4-22

4-23

4-17

5-15

5-

15c

5-

1

4-14

1

5-

1

4-20

5-

1

4-20

8-

1

5-21

5-

1

4-16

45c

5-

1

4-15

5-

1

4-15

5-15

5-

5

6-15

6-

1

9-15

9-

1

12-15

12-

1

25c

6-

5

5-12

5-29

5-15
4-14

1

4-17

50c

5-

1

4-15

$1.25

5-

1

4-15

—

American

American

Zinc,

Works

Water

&

—

Anglo

Co..

$1.25

(s-a)

—

A

4V2 %

Cotton

——

Laboratories

Mills,

3

7-

3

6-28

4-30

4-16
8

1

5-

5-

1

4-10

6-

9

5-11

5-

1

4-20

5-

$1.12'/a

1

4-15

$1

6-30

6-22

$3

6-30

6-22

(quar.)

$ 15c

6-

1

4-30

$$1.12»/a

—

Corp.

6-

1

4-30
2

20c

Associated

:—

Goods, com. (quar.)—
preferred (quar.)__
preferred (quar.)___
Topeka
&
Santa
Fe Ry.

7-15

7-

10%

7-31

7-10

6-

1

5-

6-

1

5-

8

6-

1

5-

8

40c

Dry

1st

2nd

7-

$1.50

dividend

7-15

$1.31'A

(quar.)

Extra

Atchison,

4-

10c

Equipment

6%

1

6-

15C

(quar.)(quar.)

common

preferred (s-a)—
Corp., Ltd., common.
4V2%
convertible preference

5.25%

1

5-

30c

6%

Stock

5-

$15c

(quar.)
Inc.
(quar.)

Argus
Aro

5-15

$56'Ac

(quar.)

preferred

Anheuser-Busch,

$2.25
50c

Clayton <fc Co. (quar.)
Canadian Telephone Co.—,

Class

25c

Smelting—

preferred (quar.)
$4.50 preferred

prior

$5

Amoskeag

Lead

Inc._.

Co.,

Anderson

,

2

8

Co.
$1.25

6-

1

4-24

$1

5-

1

4-

9

$1.08%

5-

1

4-

9

$1.08%

5-

1

4-

»

Atlantic City Electric Co.—

preferred (quar.)
preferred (quar.)
4.35% 2nd series preferred
4%

4-22

37 Vac

4-24

5-15
4-27

4-30

7-15

25c

5-20

35C

75c

(quar.)

5-22

8-

4-21

4-17

5-

5-14

50c

3 VaC

5-15

•-

$1.75

4

25c

1

4-30

56'Ac

1

5-20

1

5-

Co.—

preferred (quar.)—______
Screw, 4V2% pfd. (quar.)__—:___
American Viscose Corp., ccmmon
(quar.)
5%
preferred
(quar.)_
—

4-20

6-10
.

6-

1st

7%

1

__________________

4-30

6-10

American

5

common

&

_____

Appalachian Electric Power—
4V2 %
preferred (quar.)

5-

(quar.)—

4-16

$1.75

(quar.)
Refining

Applied Research

5-15

Service,

Co.

5

6-

Corp.

1

$1.75

(quar.)
(quar.)

5-

5-15

Co

5-

$1.75

5-31

6-15

—

5-

12 Vac

25C

(quar.)

5

6-15

common
(quar.)
preferred (quar.)___

(quar.)

common

5-

25c

Spring,

1

12c

Inc.

Co,,

5-31

87 VaC

(quar.)__

1

6-

$1.12 Va

(by-monthly)

Co.

News

Seating

4-20

Inc., common

Railway Equipment Mfg.

5-15

7-

Paper Goods Co.—

preferred
preferred
preferred

7%

5-16

4-30

5-

___

6-10

40c

$25c

30c

30 Vac

___

1

6-12
4-30

$1.25

preferred (quar.)

American
American

5-16

6-

5-15

dividend)

5-

1

37 Vac

Fund,

6%

(monthly).

)

25 VaC

(quar.)

5-15
7-

5-15

5c

(quar.)

preferred
Mutual

4-21

$1.50

$1.10

(stock

5-15

50c

Corp.

quar

Natural

4

40c

Indiana

6-20

1

Co.,

American

45c

Co.

9-10

1

6-

62 VaC

(quar.)
Ltd.—

Metal

American

4-30

(quar.)

of

1

7-

Co.—

American

7-17

1

—

10-

$3
25c

37 VaC

(quar.)

American

7-17

6-

(quar.)

4-20

—

(quar.)

(Increased

preferred

4V2%

4-20

5-20

1

5-15

Products

Steel

Common

Arcade

Inc.

Louis)

(quar.)
(quar.)

Products

American-Marietta

4-24

5-28

Co.,

(St.

Co.

Furniture

62 VaC

(quar.)__—

4-30

87 Vac

(quar.)

Co.

Shares, Inc.—
Quarterly from net investment incomeAmerican Can Co.
(quar.)

9-10

5c

Products

convertible

Stott

Co.

Board

6-10

4-24

(quar.)

1

1

50c

Book

6-10

Edison—

Co.

4-30

6-

5-

Business

5-14

(quar.)—

1

25c

common

Ins.

American

'

13Vie

Inc.,

5-15

4-17

;

4-10

6-

50c

(quar.)

preferred

Automobile

1

1

(quar.)—

preferred
Coil

6-10

Airlines,

convertible

6-

75c

(quar.)__.

4-16

1

93 %c

Quarterly

1

—

1

5-

50c

—

Corp.

Box

$1.05.

(quar.)

5-

30c

4% pfd. (quar.)_
preferred (quar.)

5%

American

6-

—

Standard

6-10-

Sugar,

American

4-28

(quar.)

Holder»

30c

—_—

(quar.)

5-15

5c

A

When

Payable of Reo.

America—

4-13

25c

pfd.

class

4-20!

30c

-

(Initial)

4-22

25c

(quar.)

Development,

Standard Brands,

•

6-

5-

of

Co.

1

25c

(quar.)

5-15

4-24

■

_—

Works

4-21

5-29

RR.

(quar.)

1

10c

(quar.)___

California

Stamford

30c

1%

Co.

7-15

60c

—

4-21

1

$2.50

6-

100 7c

jC_—4

Spencer Shoe Corp.

5-25

5-25^

Steel

American

7%

^

5-15

1

5-

$27 VaC
Corp

Youngstown

Petroleum

1

85c

Co.

1

5-

$10c

(s-a)

preferred

5-

100%

preferred

4.40%

-

5-15

6-10

25c

&

common

6-15

60c

__,

6-

$1

50c

Co. (quar.)
Laboratories, Inc. (quar.)—

Cast

$3.75

25c

B

4.08%i

«$5- 1
6- 1 ,L"
5-15
6-

C.)

Aluminum

20c

—

5-15

Ltd.—

Alliance Mfg.

1

(R.

American

(quar.)

5-15

1

10c

(s-a)_
Business Machines, Inc. (quar.)

1

25c

Co.

4

5-29
6-

27 VaC

Appliance

preferred

6

6-10

6-

-*

$2.50

I

35c

____J

30c

(quar.)

Stores,

$1

___—-

37y2c

(quar.)

40c

(quar.)__

5-

'

$1

(s-a)

Electric

Allen

1

7 Vac

(quar.)

5-16

V

(quar.)

(quar.)

1

62 Vac

Insurance

4-10

Share

Shoe

Canton

5%

6-30

12 Vac

4-10

4-30

(accum.)

Corp.

preferred

Air-Way

Fund

preferred

Texas

Southern

5-15

15c

(quar.)_

5-26
6-

Clark—

&

stock

Engineering
(Alexander),

Class

1

$25c

Power
Shovel,
7%
pfd.
(accum.)
Mary Lee Candies, Inc.—,
-5'/2%
convertible preferred
(quar.)
McColl-Frontenac Oil Co., Ltd.
<quar.)_____

Meadville

6-25
7-

Common

Ltd,—

distribution

4.20%'.
South

6-1.^ 5-15

6-10

preferred

5-5

$$1.75

Stockyards

Surety

15c

(quar.)

Marion

.

50c

$1.10

5-15

$1.02

*

dividend

35c

(quar.)
Moore

'

Agnew-Surpass

$1.12 Va

4-30

!

•

Aluminum Alloys, Inc.—

Adams-Millis

75c

Co.,

-

Name of Company

New

Corp.__

Stevens

4.88%

25c

(quar.)
Co.

5-

„

Southwestern Electric Service—
_______

3'/a%

Mills

flaV2c

-

Per

8

4-17

$1.25

1

1

5-29

preceding table.

5-11

1

4-20

1

5-

preferred (s-a)___
preferred (quar.)

Co.

20c

Marine

preferred

Smith

"_ 5-15

23.

Libbey-Owens-Ford Glass Co. (quar.)
Lindsay Chemical Co.
(quar.i
Liquid Carbonic Corp., common (quar.)____
Lynch

6%
Smith

5-29,,^ 5-15
6-l$n"a~ 6- 1
6-

3

5-11

1

5-

4

give the dividends announced in previous

we

8-1..

50c

Signode Steel Strapping Co., common (quar.)
5%
preferred (quar.)
Smith
Agricultural Chemical, common——

5-11

15c

$20

50c

5-

6-

4-20

5-

Corp.

4-27

»

6-1

5-1

6-15

4-20

—

9

$20c

(quar.)__

(quar.)

4-23

6-

98%C

5-

7-1

being given in the

5-

4-30

1

5-18

$1

31V*c

series

2%

Sherer-Giilett

6-

Lehigh Coal & Navigation Co.—
Directors deferred dividend action at Com-

Below

14-30

25c

4-30

weeks and not yet paid. The list does not include divi¬
dends announced this week, these

«6- 1

$1.17 Va

______

preferred .(quar.)

Stock

5-29

6-25i%

2

6-15

1

35c

.____

6-18

6-

7-

5-15

40c

-

Allegheny & Western Ry. guaranteed

(quar.)_____

2

5c

5-29

$1

(quar.)

Seaboard

6-26

50c

6-15

5-11

1

25c

Inc

Seagrave Corp.
Servomechanisms, Inc.
Sheraton, Inc. (quar.)

20c

55c

6-16

23c

preferred

5-15

35c

6-

&

Union

$3.40

'

$1.25

5-

2

Gas—

Co., common (quar.)
preferred
(quar.) _______

Stock

""

York-Hoover

45c

common

(quar.)

Flour

Arms

Common

on

(quar.)_

__,

&

Stamping

5

5-15

5-25

5-15

1

17 Vac

1
5

7-

1

6-

5-15

prior

4%.

6-

22'/a C

Paper

Scudder,

"1?

(interim)____

common

preferred

6-

7-

Mines, Ltd.

Inc.,

Bleachery

Lansing

7-15

held,

Kings County Lighting Co. (quar.)__
'Kings County Trust Co. (quar.)__:_____j____
iKoehring Co.
(quar.)
;
Lanett

Scott

$75c

Fire

Paul

Savage

6-5

:

dividend

prior

$5

St.
5-5

dividend!—

each

stockholders

R.),

Paul

7-1

„

(stock

B.),

5

6-

tl2Vac

(quar.)_

Mfg. Co. (quar.)_____Inc., common (quar.}___

Mfg., 5%

(A.

5

5-

6-15

5-15

(quar.)

6-

31 Vac

(increased)

(quar.)—
San Francisco Ry

Louis,

St.

25c

for

15

-Kerr Addison Gold

St.

5

40c

Co.

Wrisley

$2.25

preferred

5-15

1

1

5-

5-20

10c

—

preferred 1st
Wyandotte Worsted

I 50%

,

(quar.)__

Lawrence

7%

62Vic

share

to

5-

St.

5-29

5-15

25c

Wheel

•subject

6-10

(S.

preferred

Acme

Oak

25c

(quar.)__

common

June

15c

(quar.)

Kelsey-Hayes
•

6-30

(quar.)

Woodall Industries,

JT'

Dairy, Ltd., class A (quar.)____
Milling
(quar.)
Ryerson & Haynes, Inc. (quar.)
Safway Steel Products, Inc. (quar.)______

6-30

.

White

5-11

5-20

40c

(quar.)
S.) Dental

35c

Corp.

$1.25

preference

5-15

1

25C 1

Russell-Miller

6-30

(quar.)

Co.

1

6-

$1

_i__

dividend

Royal

America—

Ltd.—

6-

!_

(quar.)___

common

*

.

(quar.)

(quar.)

American

6-30

7-15

Co.____

B

5-14

5-1

30c

Central

Foundation,

convertible

Mfg.

Kawneer

of

A

Class

20c

Oil

Corp.

6-15

50c

25c

Co.

6-10

Rowe

7-15

(accum.i

Textbook

Class

4-28

35C

Oil

Stock

7-15

—

5.-11

$ 75c

Quarterly

$1

(quar.)

1

50c

Gas
Co.
(quar.)
Rocky Mountain Fuel (liquidating)
Rohm & Haas Co., common
(quar.)
4% preferred A (quar.)
Ross
(J. O.)
Engineering (quar.)

$1.10

(quar.)___

"(Tom)

4-21

Brake

5-11

(quar.)_____

Roanoke

93%c

(quar.)

2

6-

Air

4%

(quar.)

convertible

1

J15c

Westminster Paper Co., Ltd.—

5-

Worumbo

(quar.)_____
(quar.)___

Mfg.,

4V2 %

5-15

7-

(quar.)

50c

Rheem

Richfield

4-24

"

Westinghouse

Co.

Amerada

4-20

31'Ac

(quar.)_

4-30

Mfg.

4-30

5-15

5-

5-15

Point

5-15

<

1

25c

Weber Showcase & Fixture Co.

,

common

Stores

6-

62V2C

(s-a)

West

25c

1-20

.25c

Trust

Red

Owl

6-15

40c

(quar.)
(quar.)

Co.

Building

Amalgamated

10-20

$1.37 Vi

Motor

6-

7-20

1

$1.25

Co.,

1

10c

4-30

91'Ac

&

7-

20c

4-30

ap¬

Corp

America,

5-29

$1

(quar.)

5-15

$10.

(quar.)__
Co.

Swasey Co.

Washington

Water—

Electric

6-19

___—;

6-29

4-20

1

11-

preferred

4.40%

33/«%

at

dividend)_)_i*v

Building

of

Water

4-30

75c

t

.

25c

t$l

•

4%

meeting

Co.

Co.,

5-15

(quar.)

Aluminum,Co. of Canada,

6-10

5-

$1.37 Vi

_____________

Hays Corp., 5% preferred (quar.)
Holly Stores, 5% preferred (accum.).
Hotel Barbizon, Inc. (quar.)__;

Metals

Service

&

Waukesha

35c

Power

4-30

10c

6-10

$1

Warner

1

30c

(quar.)___-

preferred

5-22

5-15

30c

Corp.
(quar.)
Corp. (quar.)

37 VaC

4-

remain

Co.

5

;

5-15

(quar.)

Coke

4-30

6-

Mfg.

Vulcan

5-15
6-

4-30

5-15

(s-a)

Oil

Viceroy Mfg. Co., Ltd
Vogt

5

Consolidated

Special

:

6-

A

5-29

5-15

$1.37Vi
—_________

&

preference series

6-15

5-15

1

$1.37Vi

(quar.)

(quar.)_

1

6-

5%

5

1

5-30

50c

Pipe & Foundry (quar.)
—;
Playing Card Co
:
U. S. Printing & Lithograph, common

6-

6-10

S.

50c

5-15

'

'

6-25
6-25

tlOc

:____

S.

U.

5-25
6-

6-10

7V2C
56%4C

(quar.)

.

Refining Corp
Quemont Mining Corp., Ltd._

5-15

6-

4%

stock)

A

6-1

10c

(quar.)

Gas

(quar.)
Loan Society (Phila.)

5-15

____

—_______

5

10c

pfd.

Co.

Quarterly
Quaker State

8

1

6-29

15c

5%
preferred
Quaker City Fire & Marine Insurance—

7

6-

1

6-

20c

(quar,)

Oil

1

5-15

%

6-

6-15

Extra

4-17

1

5-4

22V2C

Co.

5-29

_______

preference
(quar.)
4.08% preferred (quar.)__.
4.70% preferred (quar.)__

5-8

8-15

5-

62 Vic

Finance

Princeton

3-31

6-1

6-

5-29

6-1

(initial-quar.)

61 Vac

(quar.)^___

.

Pressed

10c

'

(Payable in

will

Suburban

Electric

3.60%

4-30

_

6-20

6-15

5Qc

(quar.)__

5-29

;

preferred

Potomac

1

5-29

10c

:

Furniture

S.

35c

(quar.)

preferred

_

Portland

.

..

$5c

preferred

U.

$1

$1.40

.

Ltd
(quar.)

$3.65
$3.95

4-21

5Vi%

8

—

(quar.) u_.
Telephone
(stock

Pittsburgh

4-20

5-15

Co.,

5-

A

$1.25

(quar.)_!____—
5% preferred (quar.)

Circle

Public

;

Household

^

/

$1.27Vi

________

.

5-15

?

30c

preferred

5Vi %

1

56c
.

value

Coal,

Perfect

6-15

100%

5 Vi %

Haverty

1

dividend)______

5Vi%
*

7-

(stock

&

1

Peaslee-Gaulbert

5-15

Utilities

dividend

6-

$1.25

(quar.)

1

Ltd.—

B

Lines

12 VaC

preferred

Peabody

•

1

4-30

(A.)

S,

class

Class

Tubes, Ltd
Pipe Line Co.—

Philadelphia

;

B

Stock

U.

(quar.)

~

4-30

class A

8

Eastern

Peninsular
-

200%

Year-end

Harris

4%

,5-15

5-15

Co.,

5-

(resumed)

Hersey

Common

5-15

Year-end
Class
•'*

1

100%

Oil

1

Corps.,

New

5- 7

(Extra

annual

1

r

25c

100%

preferred

Hancock

6-

four-for-one split of the capital
Corp.

dividend),.

Ltd.,

Par

Robinson

(stock

Co.,

a

Stock,

Gamble

-

(quar.)_—

Cotton

5-15

5-18

(quar.)

Glass Co., common
preferred
(quar.)

A

United

5%

the

at

proved
(

Shares

Mines,

Hamilton

6-15

$1.06'A

$8c

(quar.)

Finance

Corp.

Hallnor

5-11

Products—

Stockholders

50c

dividend

States

Hagan

Clay

Pacific

25c

Gulf

2nd

Pacific

56'Ac

Petroleum

1

1

30c

1

59 %c

common

1

(quar.)__
Indiana—

(stock

6

Corp.,
preferred

5-1

r___

Stock

5%

Falls

5-

Lakes Dredge <fc Dock Co. (quar.)____
Group Securities:
Electrical Equipment Shares—

Investing Co. Shares

6-

$1.12 Va

Oswego

5-15

Great

c

25c

A

Corp.

Corp.—
(initial)

common

Series

1

6-

Rope

5-15

5-15

37Vic

;

5-29

New

6-

6-15

'_

preferred

Carbon

5-

6-15

$1

15c

(quar.)

United Can &

Co.—

$1.15

(quar.)

*

Gas

$1

preferred
(quar;)____
5%
preferred (quar.)
Georgia-Pacific Plywood Co., com.
preferred

6-15

(initial)

1

_

5.10%.;

$2.25

Natural

1

.

T

5-21

5

____„—__

preferred A (quar.)
4.92%
preferred (quar.)___
Olympia Brewing Co

6-

^___

Corp.—
dividend)

(stock

5

5-

(quar.)
(quar.)___

common

Co.,

Wire

5-

common

5-

Waterworks

Common

Oklahoma

Gas

Carbide &

5-15

50c

t37c

Mfg. Co.

Union

5-21

(quar.)_j*__-_______

Co.,
preferred

6-13

preferred
of

Co.

Match

5-15

—

(increased)
Corp.—
Co.

Mfg.

5%

37Vic
$1.22Vi
$1.22Vi

(quar.)

Corp.

Plywood

4

1

Metal

Trunkline

U.

Owens-Corning Fiberglas Corp._

4c

5-20

15c

6-15

(quar.)_

(quar.)

4-20

2

Titan

$1

5-13

(quar.)
4.90% pfd.

1

6-

1

preferred

preferred

Union

(quar.)_

5-21

preferred

Telephone
preferred

General

preferred

30c

20c

5-

50c

4%%

$2.50
(quar.) _;
^General Telephone Co. of Pennsylvania—
$2.25
preferred
(quar.)
;

prior

New

(quar;-)_i_;
_______J______________________

convertible

General

$4

5-29

Corp

5-

»

5-25

;•

5-15

Co.—

5-14

Co.

Gas

4-30

Water

6-12

preferred
(quar.)
4%
preferred
(quar.)
______'
Freeport Sulphur Co. (quar.)___
Year-end

5-15

Corp.,

6-10

4.60%

.(Gamewell

Northeastern

(quar.)
Ltd

5-20

_'

Works

Florida
'

5-15

Mining

A

$4

Airplane

'Federal

»

1

series

Ohio

^

5-8
5-8
5-8

Universal

Oak

.

5-16

Co.-—

6-

(quar.)

5-16

5-30

50c

5-25

(quar.!

Morse

Engine

4-20

5-30

25c

interest_

(quar.)__

Co.

4-23

<

•.

>

5-19

Mfg. Co.- (quar.):
Equitable Gas Co., common
Fairbanks

35c

^

5-8

6-1
6-1

5-29

15c

6-15

(quar.)

6-1

6-1

6-16

(quar.)

6-10

i

25c

$1.12V£i

1st

Canada,

of

6-10

Emsco

-'Fairchild

4-23

Co.

25c
717/aC

(s-a)

Rubber

&

National

—

10c

$1.37Vg
$1.183A

convertible

5.50%

$15c

(quar.)

$1.10

37V2C

(quar.)

•*

(quar.)

4.50%

5-29

common

(quar.)

common

(quar.)__
4.75% convertible preferred (quar.)
Thompson
(John R.)
Co
Thompson Products, Inc., common
4%
preferred
(quar.)__

4-16

(quar.)

Corp.,

$15c

*

4-16

1

50c

2Vic

(quar.)____—_____i_

Corp

Hose

'

Co.,

6-16

Shipbuilding &: Dry Dock Co.

preferred

Normetal

6-

Paper

50c

20c

$2

Stores,

&

4%

4-23

News

4-29

$$6

Paper

Electric

4-29

1

5-

!

(quar.)

Corp. (s-a)
Tampa Electric Co., common (quar.)
4.32% preferred A (quar.)
Texas Eastern Transmission Corp.—
Common
(quar.)

35c

beneficial

Quarterly
Nopco Chemical

Corp.,

5-

$1.25

Co.

Symington-Gould

50c

preferred

of

Newport

___

Eddy

1

5-29

(quar.)

England Fund—

Certificates

4-15

Douglas Oil Co. of California <quar.)___—
Drewry's, Ltd;, U. S. A„ common tquar.)
4
5%%
preferred (quar.)____
'Early

New

1

Extra
Electric

5-15

5-

$$8

Dominion

5-

6-30

Oil Corp

4-24

Common

•Dominion

4-22

Gas &

1

40c

5-15
5-15

5-15

________

preference

Chemical

convertible

National

1

60c
$1.08

5-15
5-15
5- 8
5- 1
5- 1

J50c

(quar.)

Products

&

5-

Cup Co. (quar.)
l__
Dominion & Anglo Investment

preferred

Drug

$1.25

(quar.)__

Dixie

5%

Lines

Shares.9c

Trust

pfd.

60c

.

6-

25c

Diamond

1

5-15

$50c

(quar.)_

Lines

Ltd.

6- 1
6- 1
5-29

1

4-30

16'Ac

25c

$1.37 Va
37 VaC

5-

(quar.)

preferred

National

6-1

4.40%* preferred
(quar.)
Swan-Finch Oil, 6% preferred
4% 2nd preferred (quar.)

$12 Vac

4 V4 %

1

5-15

6-12

20c

Distillers

$35c

1

5-15
5-15

50C

National

-5-

7-

6-15
6-15

5-15

(quar.)_—

Co.

6- 2
<

37V2C

1

:

6-12

117Vic

Mills,
Seal,

&

Acme

City

1

Sutherland

35c

convertible

National

Co. '(quar.)

Crossett

A

4-20

6-

6-12

4-30

(quar.)_____
Motor Specialties Co.—

class

20c
$35c

(quar.).,

1

5-

Corp. x (quar.)
Paper, 5%> preferred

4-30

Ltd.

Imperial

Delta

Co.

7-

5-15

Products

National

Co.

:

Cosmos
Crown

$2

5-15

5-15

Ltd.__

Insurance

60c

Del.
(quar.)
Continental-Diamond Fibre

iH.)

Life

Extra

Wilmington,

Corby

4

6-10

6c

(quar.)

Canada,

Mosinee Paper Mills
Extra

4-30

55c

preferred

5- 1
5-15

25c

Oil

2 VaC

Munising
Muskegon

.

8

5-15
6- 1

Sun

$2

(quar.)

Monumental

6-26

6-

65c

6-12

40c

B

$10c

4.50%;

Consumers

*

Class

$12c

(quar.).

(s-a).___.

Consolidated

6-15

50c

1

5-

5-15

1

Valley Public Service—

Common

5-15

...

of

1

Suburban Propane Gas Corp., com. (quar.)_
5.20% convertible preferred (quar.)_

30c

6-

7-

50c

;

(quar.)

preferred

Payable of Reo.

Share

10c

(quar.)_,_

5%. preferred
(quar.)____
Missouri, Kansas Pipe Line Co., common—_

be

to

2nd

Corp.

Mississippi

,

6-12

Holier*

When

Per

Name of Company

5-21

75c

(quar.)

Products, common
preferred (quar.)

preferred

25c

(quar.)

$10)

Machinery

Co.__

Holdere

When

Payable of Reo.

20c

Laboratories (monthly)
Minneapolis-Moline Co., common (quar.)
$5.50
1st preferred (quar.)_.

$25c

__

...

Ltd.

(stock dividend—

share

Products

Food

Abrasive Co.

Steel

non-cum.

8%

6- 5

6-1

(quar.)_,

Consolidated Cigar Corp.
(quar.)
Consolidated Theatres, Ltd., class A

■

$2

4

Distribution of four additional shares for

changed
Compo Shoe

r

Midland

-

Share

:

Miles

Equipment,

Co.

■

•

5-15

I

(quar.)

Co.

Farm

Mfg.

6- 5

50c

preference

(quar.)

guaranteed

Cockshutt

Mid-West

5-

6-15

Pittsburgh—

guaranteed

7%

Mickelberry's

4

5-20

25c

'

Company

8

5-28

100%

...

.

Per

Name of

Payable o/ Jtec.

50c

Cincinnati

Stock

Share

_

Holder«

When

Per

Name of Company

.

Chile

4.35 %

Line

Atlantic

Coast

Atlantic

Greyhound

RR.,

(quar.)

5%

3.75%

pfd.

pfd.

B

(s-a)

(quar.)

$2.50
93 %c

6-11

4-24

5-

4-

1

3

52

The Commercial and Financial Chronicle... Monday,

(1836)

Per
Name of Company
Atlas

Powder

Atlas

Share

/

■

Steels,
Steels,

Co., 4% preferred
Ltd. (quar.)
Ltd
Gold Mines, Ltd——

Atlas

Aunor

Austin,

Nichols

$1.20

Tools

1

Per

Name of

4-20

Cherry-Burrell

1

4-

2

4%

preferred

5-

1

4-

2

4%

preferred

——.

$4c

6-

1

5-

8

IOC

5-

1

4-20

30c
—

5-

1

4-20

5-

1

4-10

5-

1

4-10

Class

4-27

4-16

class

Co.

(stock

Fund

B

20c

;

5%

Canada, Ltd.—-—

5-15

5-

$3c

dividend)

of

5-15

4-30

1

Increased
Baldwin

quarterly

Rubber

Extra

Innes

Bathurst
Class

A

Baxter

&

Baystate

Corp.

$75c

Si

Bell

&

Gossett

Co.

Howell

4-27

4-15

1

4-15

5-

Gas

&

Electric

New

preferred

Auto

Co.

Co.

45c

5-

1

4-15

5-

1

3-16

Clark

5-

1

4-20

Clearfield Si Mahoning

Cleveland,

$1.50

5-

1

4-20

30c

6-

1

5-15
5-15

1

(D.

Ry.,

L.)

6-

1

5-15

Common

5-

1

4-17

10c

4-36

4-15

preferred (quar.)
Clevite Corp. new common

20e

5-

1

4-15

Clinton

50c

5-15

4-25

Common

15c

6-10

5-25

Common

30c

5-

1

4-13

4»A%

25c

5-

1

4-10

Coast

Ribbon Corp.,
$62'Ac
Ltd., 5% pfd. (quar.)
Ridge Insurance Co. (Shelby, N. C.) —
25c
Quarterly
Blue Ridge Mutual Fund, In6.—
This payment approximates the undistrib¬
uted net ordinary income earned in the
first quarter of this year
:'YV:
11c

5-

1

4-20

Ooghlin

Benrus
Best

Corp.

Watch

&

Co.

Company

Birtman

(quar.)

(quar.)™—.

Electric

Co.

(quar.)

Black Starr & Gorham,

Bliss

(E.

W.)

Co.

-

—

Inc., class A common

(quar.)

Blue

Blue

-

-

—-

6-15

6-30

Bon

Aluminum
Ami

Co.,

Bondstock
Stock

&

Corp.

4%

Co.

Woven

Brantford

Class

Hose

A

(quar.)

British-American

British

Columbia

2nd

6%

Taunton

Brooklyn

Union

5%

Gas,

convertible

A

4-10

5-25

Linen
1st

30c 2nd

Mills,

Ltd.,

Electric

5-15

Columbus Mutual Life Insurance

1

5-

Columbus

4-15

4

(quar.)
Packing Corp.

4.40%

preferred C

S.30%

convertible

preferred

E

S.36%

preferred

F

7-

1

From

Concord

Water

&

preferred

4-

6

4-

6

Cone

5-

1

4-15

4%

5-

1

4-15

Confederation

5-

5A%

1

4-15

4-13

8

4-

8

$2

$2.04

7-29

7-

8

7-29

7-

8

Fire

Foils,

Ltd.,

5%

2nd

Canada

pfd.

A

4-17

1

4-17

Class

B

Canadian

4-30

Ltd.,

4-20

$5

1

4-15

Consolidated

5-

1

4-15

Consolidated

6-

1

5-

5-

4-13

Consolidated

5

1

4-13

5-15

Common

4-30

5-15

4-30

5-15

4-30

5-15

Capital

&

4-

1

4-

3
3

Cook

5-

1

3

4-

1

4-

3

1

6-15

50C

5-

1

4-10

6-

8

Continental

3

57-

5-15

5-15

Class

A
A

4-30
1

Crum

6-

1

5-

1

Cuban

5-

1

3-31

Class B

Si

5-

1

1

4-10

1

6-

1

4-16

5-15
5-15
5-

1

6-

1

5-

1

4-17

4-30°

$12'Ac

5-30

Dallas

8-15
11-14

5-30

5-14

Year-end

8-31

8-15

come

(quar.)

$25c

11-30

11-14

gains

Corp.,

5%

preferred

5%

common

Central

Central

Central

$1.40

Coal

&

Ohio

4%

Coke
&

Corp.

&

&

Central

Vermont

South

Aircraft

Chase

National

Co.

1

4-13

1

4-10

5-

1

4-20

5-

1

4-20

25c

4-30

$1

(quar.)

Service

25c

Corp

5-

1st

(quar.)

6-

1

5-15

5-

6

Mfg.
Bank

Co.
(N.

(stock

Y.)




dividend)-

(quar.)™™

20%
50c

(quar.)

6-

1

5-15

5-

4-17

.<

,

1

5-15

Firestone

6-

1

5-15
5-

1

8-15

8-

1

1500

11-15

10-31

6-12

5-12

(quar.)__

com.

(quar.)__

9-24
12-24

9- 4
12-

4

$1.12

5-

1

5-

1

4-10

3oc

5-

1

4-15

$1.75

5-

1

$1.25

(quar.)

5-

1

4-11

5-15

4-27

25c

4-15

Divco

Corp,

4-

8

13c

5-

4-30

4-

6-

3

5-18

5-15

4-14

6-

5-18

5%

(quar.)

$2

1

4-24

7

A

5-15

4-14

3

5-18

6-

'

(s-a)

75c

6-15

75c

12-15

12- 4

50c

5-15

5- 6

50c

8-15

8-

50c

(quar.)

Co.,

pref.

(quar.)

6-

5

60c

1

5-15

6-

1

5-15

4-29

4-15

5-

1

4-15

5-

1

4-14

4-30

4-15

9-15

1

5-

1

5-22

5-

7

5-18

5-28
v

5-

1

4-18

4-30

4-20

4-30

4-10
4-10

4-30

1

$1

(Newark,

4'A%

Corp.

7-10

7-

10-12

10-

1

6-26

6-

5

9-

4

2%

9-25

40c

12-18

$1.50
75c

4-30

4-14

5-15

4-15

(quar.)

Ltd.

30c

15c
30c

(quar.)

convertible

12- 4

5-

6-

1

4-13

1

5-15

6-10

5-20

5-

4-17

1

7-17

7-

4-30

4-17

5-

4-15

3

Motor

933Ac
25c

25c

1

5-25

15%

5-22

4-22

(quar.)—

receipts ordinary

dep.

(annual)
—a

$2.20

(quar.)—.

Corp.,

common

4-20
4-15

5-

1

5-

1

5-

1

Oil

,

4-24

5-

1

4-24

$$1.12'A

(reduced)

15c

Co.

(quar.)

Industrial

4-24

4-30

,

4-15

55c

(quar.)

preferred

Fulton

4-20

8

$50c

preferred

Fullerton

5-

4-30
5-

$1.25
$12'Ac

(A.

Froedtert

1

5-15

20c
5%

(quar.)

Corp.

Extra

4y2%

6-

12'Ac

class B

Telegraph Co. (s-a)
J.), Ltd., common—

Freiman

4-14

4-30

5-

Ltd.—

Co.,

Stores

Franklin

4-14

1

5-20

15c

dividend

Stock

5-1

2%

Kleiser

&

1

Corp.—

—

preferred (quar.).
(stock dividend)

Co.

Wallace,

American
Foster

& Machine

Gear

(quar.)

Mineral

Foote

,

4-30

4-15

25c

5-

4-21

1

Securities—

87'Ac
12y2c

5-

1

4-15

5-

1

4-15

37'Ac

6-10

preferred
(quar.)
5% convertible preferred (quar.)
Co.
(quar.)—.

—

(Robert)
&

$6

Co.,

preferred

5%
Gar

preferred
Wood

Inc.,

Gardner-Denver

4%

preferred

General

7%

Baking

General

Co.,

Co.,

3-28
3-28

General

Finance

General

Foods

Corp.,

General

Mills,

Inc.

5-

1

4- 9

1

4- 9

convertible

General

$37%C
15c

5-1

4-15

5-

4-27

4

$3.75

4-20

4-30

4-20

5-15

5♦

1

50c

2

5-

1

4-20

25c

5-

1

4-15

25c

common

6-

6-15

5-13

1

5-13

$1.75

6-

5-12

Dynamics Corp.—

11- 5

5-15

5-15

5-

(quar.)

(quar.)

11-16

50c

6-16

4-30

$1

common

(quar.)

25c

$2

4-20

1

Inc.—

(quar.)

Cigar Co., common

preferred

1

7-

56'Ac

(quar.)

Industries,

4%%/ preferred

5-

15c

(quar.)

4-20

4-20

62'Ac

common

1

1

25c

—

(quar.)

55-

$1.50

—

(quar.)—
Co.

5-20

15c

(quar.)

A

37'Ac

(quar.)

common

preferred

Galveston-Houston

8

37'Ac

—;

6-

5-13

4-15

$1.06'A

Rubber,

&

Brothers

General

Ltd.—

(quar.)—

11-13

Inc.—•

25c

A

•

Construction
class

3

I

class

8-13

1

5-

2%

Stock

Corp.,

$1.50

30c

C6., common
preferred
(quar.)

conv.

4-30

30c

(quar.)

Match

Steel

$1.50

$1.80

dividend

Giorgio Fruit Corp.,
B
(quar.)-

1

30c

;

Gamble-Skogmo,

(s-a)

1

6-15

——™__—.

Insurance

Common

Gale

(quar.)

preferred

69-

12-

62'Ac

—

Machinery & Chemical Corp.—
33A % preferred (quar.)

$3.50

from

(quar.)

1st

4-15

4-15

Gabriel Co.,

capital

30c

Co.

1
1

Gair

accumulated net in¬

Light

common

Fluor

4-10

$1.06

4-27

5-

5-

1

common

Products,

Tire

Franklin
4

5-11

Food

Ford

6-

4-15

5-15

$1.75

9-15

3-27

1

10-

$1.12'A

1

1

5-15

5-

6-11

(quar.)

10-

6-24

1

1

pfd.

$1.12 y2

5-

3-31

4-30

6-

7-

<quar.)„_—

Sterling, 7%

Forbes &

20c

5-12

$1

Bank

6-15

8

1

1

45c

1

5-

6-

7-

(s-a)—

7-

5-29

4-20

4-16

preferred (quar.)
Walnut Street Corp., $3 pfd. (accum.).

Firth

1

4-24
4-15

1

4-30

N.J)

First

5-15

Co.—

Tramway,

$1.50

1

6-

5-

1

4-30
5-

'

$$1.25

9-18

5-

5

4-15

dividend

Firemen's

5-15

3-

1

Inc.—

Cash dividend

$1.12 A

pfd.

Stores

6%
prior preferred (quar,)
Fidelity Si Deposit Co. of Md. (quar.)

9-29

4-15

5-

2%
62'Ac
$35c

(quar.)

& Co.,

Stock

5-11

common

preferred

dividend

4-14

87'Ac

4-22

5-1

Inc.—

(quar.)—.

Stock

1

$1.75

(quar.)_

4-15

20c

(quar.)—
pfd. (quar.)—

Fibreboard

8-18

I

Corp.—

Foote

preferred

A

Pittsfield,

5-11

6-15

5-

69c

$1.40

of

6-15

2

4-15

4-15

—

7-13

7-

1

4-30

(quar.)__

1

6-30

5-

5-20

25c

(stock dividend)

com.

Ltd.,

Co.

preferred

1

$2

1

5-16

$2.50

(quar.)

Department

(J. J.)

5-

$1.75

5

5-

$2.50

1

6-

6-

6-15

5-14

Common

6-

dividend

preferred

Disher

4y4%
Felin

Co,

participating

Common

$12'Ac

„

(quar.)

6-15

4-15

5%

&

preferred

15c

7-

1

1

5-29

5-15

i

7-15

25c

(quar.)

long-term

Class

'

Grain.
Loan

$1.20

(quar.)__

preferred

5'A%

preferred

conv.

75c

(quar.)

25c

(s-a)

Mfg.

A

Diamond

5%

$1.25

distribution

preferred

'

$1.13

$$1.20

6-

—

1

from

5%
Di

5

8

5-29

;

Mfg.,

Federal

Ferro

(quar.)

This

5%

4-30

4-24

4-27

18i9ec

Quarterly

75c

Y.)
;

Detroit-Michigan Stove Co.—
5%
preferred (quar.)

'4-16

5-20

9

50c

4-15

5-15

1

5-

50c

4-30

4-30

5-

6-

5c

50c

1

5c

5-20

$1

(quar.)

5-29

21c

Corp.

50c

(quar.)__

11-21

7-

(quar.)

(quar.)

6-15

6-15

1

5-25

$1.50

35c
$1.50

(quar.)

com.

Y.)

(N.

4-15

6-13

8-21

12-

Life Insurance Co.—

7-

1

1

5

$1.12'A

—

(quar.)

Traders

Federal

preferred (quar.)
(Toronto) (s-a)
Co., common (quar.)

from

preferred

5-15

1

5-21

9-

4-

$1.25
$1.25
$1.25
12'Ac

<quar.)_

preferred

conv.

Brewing Corp.,

4'A %

Farmers &

Federated

(N.

6%

Fedders-Quigan Corp.,

3iy»c

pfd.

Co..

5-15

7-

1

6-

62y2c

(quar.)

common

1

,

Trust Co.

Inc..

6-

6-

61-0

6-

4-15

30c

Fate-Root-Heath

53c

5-20

1

50c
$10c
12'Ac
15c

(quar.)

;

preferred

4-10

1

4-16

7-

1

Inc.

1

62'Ao

4'A%

$1.41

prior

5-

(resumed)
Industries—

preferred
Sugar—

39c

debenture

Denver

4-23

5-30

$50c

com.

8%

common

Stock

$8

(quar.)

4y2%

$1.23

40c

Power

Stock

Class

—

6-30

'6-19

15c
15c

pfd.

common

25c

Insurance

payable.

Voting

4-10

5-

37'/2c
Co.

(Texas)
Corp.

Public

Geophysical

5-

4-30

$75c

Corp.

&

of

Mills Corp.,

Syracuse

(quar.)

(quar.)
Inc.—

America,

Varnish

and

Delaware

6-19

35c

Products

West

2

50c

(accum.)

Light

Century Ribbon Mills, Inc.
Cessna

8

7-

4-15

1
1

6-10

1

62'Ac
10c
$1.19
25c
25c
$1.25

(quar.)

4-15

75-

65c

(quar.)

preferred

1

6-19

'5- 5

15c

5%

(quar.)

preferred

-

capital gains is payable in cash or stock
at the option of the stockholder
Dean Phipps Stores, Inc.,
5V2% preferred.

8

4-

17'AC

(quar.)

(quar.)

Central

Chapman Valve

4-

4-30

20c

(s-a)

(quar.)

preferred

1

5-21

1

5-15

Co.—

$5

5-

4-29

'

1

quar.)—:

$5

Vegh Mutual Fund, Inc.—

Dennison

(quar.)

Steel

preferred

Century

4-30

$$2.50

Gas

preferred
Power

4-20
4-20

25c

(s-a)

Electric

Central

9
9

37'Ac

Hudson Gas & Electric
Corp.
Illinois Securities Corp.—

Central

55-

Investments, Ltd.

preferred

$1.50

(quar.)

(quar.)

Canada

preference

Central

75c

$1.05

De

(increased

$5

5-

14

5-20

5-

—

preferred (quar.)
preferred (quar.)

Railroad

Falstaff

Co.

Light, 4>A%
$4.24
preferred
(quar.)
Dallas Railway & Terminal,

11-30

Celotex

2nd

9-10

(quar.U
(quar.)

A

$25c

Central

5%

10c

(quar.)
(quar.)
Inc., 3'A%

Power

$25c

(quar.)

5-15

12-10

—

7% preferred
(quar.)
Davenport Water Co., 5%
Daystrom, Inc. (quar.-)

5-14

8-31

$12'Ac

common

1

9-15

(quar.)

(quar.)

(quar.)

1st

6-

25c

3-31

4-30

5-

(quar.)

Corp.

12-15

Co

A

Class

5-15

$1

Gas

Stores,

Co.

Life

A

B

Co.,

6%

Common

Farrington

(quar.)

Gin

Mfg.

B

Tractor

5-15

15c

Class

4-10

40c

Corp.

Publishing Co.,
Curtiss-Wright Corp.—

4-30

55c

50c

$12y2c

preferred

5-

I

6-10

6-17

Forge & Steel Corp.—

5-15

6-

6-15

1

5-15

25c

Employees Group Associates (quar.)—
Enamel & Heating Products, Ltd
Equitable Credit Corp., 50c preferred
60c preferred
—

$1.25

Class
4.20%

3-23

'

™

Curtis

6-29

$$1.24

Retail

Press,

Curtis

4-15

5-15

Natural

Forster,

Class

-Caterpillar

3-23

1

(N.Y.)—

Clothing, 4'/2% pfd.
4'A%
preferred (quar.)

3-31

7-15

_

1

5-

37'AC

Curlee

4-10

4-30

5-

$$1.12'A

(quar.)

5-

1

4*

5-29
6-30

5-11

Empire

4-10

4-10

7-

(quar.)

3-23

4-30

4 '•

1

com.

class

Millwork

5-

7-

dividend)

1

Erie

(quar.)—
(s-a)

4-30

5%

America

of

(stock

5-

Fairbanks

preferred

'•4-10

held)

shares

45

Corp.

Empire District Eectric Co.,

6

Laundries

American

Cuneo

each

Nut

4-15

4-

preferred
preferred

7%

3-31

5-

—

Gas

4-14

1

Co.

1

dividend)—

Natural

1

$1.25

Class

(quar.)

5-

(quar.)

(stock

4-28

5-

Corp.

4-15

5-

5%
$25c
37'/2c
$1.12'A

.—

5%
preferred
(quar.)—.
Electrol, Inc.
(quar.)
Elnira & Williamsport RR.
(s-a)
Ely & Walker Dry Goods Co. (quar.)
Emhart Mfg. Co.. new com.
(initial quar.)_

55C

Monthly
Monthly
Coty, Inc.

5-

5c

(quar.)

?• Class

4-15

(quar.)

preferred

1

$20c

preferred
(quar.)
Catelli Food Products
Ltd., class A (quar.)_

1

Eversharp,

prior

$3

5-15

$$1.25

convertible

9-21

5-

4-24

6

&

6-

$31c

common

10-10

1

4-

Paint

7%

(quar.)_

5-

A

A_
Electric Refractories & Abrasives Corp.—

1

Quarterly
Corrugated Paper Box, Ltd., com.
5% preferred (quar.)
Cosmopolitan Realty Co.
(quar.)

4-30

12'Ac

pfd.

Furnace,

5-

Corn Exchange Bank

4-30

5-15

$48c

common

Electric

Gas

Western

of

for

Stop

51c

Car-Na-Var

Continental

4-

Ltd.—

Light,

Carpenter Paper Co.,
6%

1

1

$$1.25

Inc._

Power

Auto-Lite

stock

(quar.)

Corp. of

5-

$40c

Estates,

Electric

Esquire,

Copper & Steel
preferred (quar.)

5%

$$1.25

preferred (quar.)
Canadian Utilities
Ltd., 5%

Elastic

4-15

6

Continental

$12'AC

Refractories,

5-15

1

6

(quar.)

preferred

5-

$10c

4% %

(Carolina

4%

5-

$15c

(quar.)

Canadian

Container

4-30

50c

Canadian Marconi Co. (resumed)
Canadian Oil Cos., Ltd.

4-15

4

5-

share

4-

(quar.)

Continental

4-30

5-15

'

(quar.)
1

7

6-

4 'A %
preferred
(quar.)
Consolidated Textile Mills, Ltd.—
5% preferred (s-a)

Cordage Co., Ltd.—

Co., Ltd., common
5%
preferred (quar.)
Canadian
Industries, common

5-

(One

class

—

(quar.)

Natural

4-

Industries—

i».'4-15

1

1

,

common

preferred

Paso

1

non-cum.

preferred

1

75e

(s-a)

8c

4%%
El

1

Chemical

$2.50

5-

35c

Bronze

$1.06'A

5-

5-

Consolidated Edison

5-

31'Ac

(quar.)

4-22

4-20

5-

(quar.)—

4-30

1

$1.75

(accum.)

dividend)

(stock

Co.,

6

5-15

Diversified Standard Securities,

4-30

City Ry. (s-a)

(quar.)

Western

('Class

5-

$7 pfd. A

Ltd.,

5-15

50c

Consolidated

A

30c

(quar.)

Products

47y2c

4-27

Consolidated

50c

(quar.)

Ekco

(quar.)—,

5-11

5-15

(quar.)

participating class A (quar.)
'Participating
Canada Safeways, Ltd., 5% 1st pfd.

4-23

Erlanger

Dearborn

32'Ac

60c

1

Co.,

4-30

10c

(quar.)

(accum.)
Co.

$37 Vic

Consolidated

25c

common

5-

(Toronto)—

8

33'Ac

Campbell Wyant & Cannon Foundry Co.—
Quarterly

Paper

B

Kodak

20c

8

33 Ac

(s-a)

Eddy

States Corp.,

preferred

Erie

5-13

33c

Assn.

5-19

$6

40c

10-

27Ac

(quar.)

Insurance

1

$1.37 '/a

Association

5-15

6-

Inc

$37y2C

15c

T_

6-

$37%C

$20c

r

Eastman

(quar.)

10-

37'Ac

com.

6-16

1

——

dividend)

(stock

Dryden Paper Co., Ltd.

4-21

Corp.—

6-10

1

(quar.)_

Industries,

3-23
4-30
•

5-

31'Ac
31'Ac
31'Ac.
3%
$40c

(quar.)

(quar.)

Corp.

6-30

15c

(quar.)_

preferred
preferred

Class

preferred

35c

10-29

5-

prefered

Duro-Test

(quar.)

(quar.)

5%

preferred

(quar.)—

Co.

com.

33c

common

Life

preferred

$2.20

5-

Co.,

Supply

Inc.,

45c

10-29

75c

Telephone,

Duriron

5%

&

preferred

5-15

common

■

$20e

(quar.)

4'/2%
5%

(quar.)

Bradstreet,

Eastern

$1.16

Connecticut Light & Power Co.
$1.90
preferred
(quar.)

V

&

Eastern

(quar.)™

Quarterly
Quarterly

4-29

Dun

/

common

Metals

4-15

Inc.—

Quarterly

4-17

1

$37c

(quar.)

preferred

Canada

Gas

Corp.,

preferred

4-29

Corp.,

4-15

income

preferred

Mills

4-29

5-

$1.75

(quar.)

4-15

$5

20c

(quar.)——

& Burlington

Camden

Natural

1

10c

—

1

(quar.)

investment

1

(quar.)
preferred
(quar.)

$1.40

preferred

1

$1.75
35c
50c
20c
40c
$1.12y2

(quar.)

preference

4-30

—

Co.,

5-

5-22

10c

75c

5-

preferred

Camden
>

(quar.)

5-

$1.50

(quar.)

5-

(s-a)

Engineering-Superheater,

50c

(quar.)

preferred G

California

<;

preferred

4-16

6-24

preferred

4-30

$1.05

1

(quar.)

D

6-1$

Electric—

Ohio

4.65%

37'Ac

(quar.)

6-16

1

Quarterly

60c

com.

1

7-

(Boston)

(quar.)

5-

common

(quar.)
preferred

5.28%

$1.25

Southern

preferred

$1.32

—

Co.,

7-

$1.40 preferred
(quar.)
Commonwealth Stock Fund—

preferred

$1.20

&

4'A%

3-31

(quar.)

Power

6-18

$1

1

1

(liquidating)

preferred

1

-

6-

•California Water Service Co.—

$1

Life Insurance

5-

(quar.)

common

participating preferred

California

1

National

3-23

5-

$25c
75c

Ltd. (quar.)
(quar.)

Co.

common

37'Ac

(quar.)

Semi-annual

$50c

(quar.)-——

6-

5c

$50c

Estate

4-16

Co.,

20c

(quar.)
(monthly)

common

$10c

(quar.)

Co.

1

5

Aircraft

Drug

50c

10c

Co.,

Sugar

5.20%

Co.,

preferred

5-

$50c

Machine

5-

(monthly)

convertible

Columbian

Ltd.—

Co

M.)

California
$3

Adding

5-25

$1.12 y2

pfd.

1

5-15

$37 Vic
*
25c
25c

(monthly)
i-

Paper Co.,

Ducommun

6C

$4.25

Commonwealth Edison

preference

preferred

$1.50

4-18

1

$1

4-20

10c

$50c

Dalamba
Caldwell

1

5-

20c

5-15

Co.

Fields

8c

Corp.,

5-29

B

(A.

1%

5-

$50c

Terminal

Byers

6%

$1.50

Dravo

8

(quar.)

8

preference

Burroughs
Bush

Terminals

Common

4-18

$50c

A

Class

Columbia

4-20

1

25c

4-10

6-

(resumed)

Inc.

7-

B

Class

4-15

5-15
5-

&

System,

4-15

B

Class

Pictures

5-29

-6%
preferred (quar,).
«.
Company (quar.)
Budock's, Inc., 4% preferred (quar.)
Bums Si Co., Ltd.—
Class
A preference
Class

Gas

1

Buda

Class

Columbia

Columbia

95c

4-30

Sand

1

8

(quar.)_

Douglas
Dow

Colonial

4-29

4-16

6 'A %

(quar.)

Donnacona

4-20

6-

Inc.

5-

(quar.)
Buchanan Steel Products Corp,
(s-a)_—
Buckeye Steel Castings Co., common

4-20

6-20

25c

Combustion

pfd.

common

1

4-30

Fund,

7-

preferred

5-

7-1

40c

$$1.50

(quar.)
Gas, $3.80

Dominquez Oil
Monthly

87'Ac

6'A %

preferred

5-20
4-20

I

3-30

5-

Ltd.—

Co.,

(quar.)

1
1

1

(quar.)

(quar.)
Stone Co.

Co.

Chemical

Si

5-

5-15
4-30

$40c

(quar.)

preference

—

Tar

Common

$20c

com.

5-15

$20c
$37y2c

common.—

Quarterly
Dominion

6-

25c

(quar.)

4-15
5-15

1

$25c

Ltd.,

Malting

5-

Colonial

Telephone—

Brockton

preferred

6-

$25c

5-14

Collins & Aikman Corp.——

Ltd.—
—-

8-15

8

7-

(quar.)

$25c

;

Tobacco,

Ordinary bearer (final)
Ordinary registered (final)
British
Columbia
Forest
Products,
Quarterly

5-15

1

6-

10c

Ltd.

J.),

6-15

20c

1

9-

$1.12 y2

(quar.)

$10c

Co

6-

10c

preferred
(quar.)

CoJgate-Pahnolive-Peet,

$1

Rubber

&

Dominion

$20c

70c

Cordage Co., Ltd., class A (quar.)
Roofing Co., Ltd., class B

Brantford

4-15

1
1

6-

$4°c

—

Fabrics,

convertible

4%

(monthly)

(B.

$3.50

5-15

(quar.)

5-15

2nd

7%

(monthly)

convertible

25c

(quar.)

Edison

4-24

Louis

(initial)—

Inc., common
(monthly)

5-15

10%

(quar.)

com.

St.

—

Foods,

4-30

(s-a)

4-30

Illuminating Co.—

50c

—

Dominion

1

$1.50

(quar.)

25c

Corp...

(quar.)

Corp.,

preferred

Boston

Boston

A

dividend

Booth Fisheries
TV* i

Brass

class

Extra

7

$1.06'A

Extra

'

Bohn

Electric

Breweries

1

4-

$1.25

$4.50

Beneficial

12-

4-30

50c

(quar.)

6-

Cleveland

10-

12-16

65C

preferred

50c

(quar.)

common

Co., Ltd. (quar.)
Dominion Engineering Works Ltd. (s-a)

35c

Ry. (s-a)
Chicago &

(s-a)

common

(quar.)

Bridge

25c

Cincinnati,

5%

(quar.)
Corp.,

56-

25c
$17V2c
10c
31 V*C
$40c
$30c

(quar.)

Ltd.

preferred

10-16

$1

Co

12'Ac

Co.,

preferred (quar.)
Iron Works (quar.)

Dominion

$1.25

(quar.)

$ 1.06'A

4% %
Belmont

7-

$1.25
-

Co., common (quar.)
conv. preferred
(quar.)

——

Dominion Oilcloth Si Linoleum Co., Ltd.—

Stores

4Vi%

7-16

Paclfio

(quar.)_—

Stamping

2c

income

(quar.)

Corp.

Finance

50c

(quar.)

Texas

&

(quar.)

City
City

Domestic

$1

(quar.)

preferred

75c

(quar.)

Co., com.

Orleans

6%

5-15

5-31

4-10

20c

6%

4

5-

1

6-

Mines,

4-

1

50c

50c

(quar.)

Foods

Co., common (quar.)
Apartments, $3 prior pfd. (quar.)
1st preferred (quar.)

$6

Cincinnati,

16'Ac

'quar.)

Beau-Arts

Bell

Cincinnati

4-15

Cities Service

(quar.)

Laundries

Beatrice

4-10

$50c

(s-a)_——
Ltd.—

Paper,

4-30
4-27

IOC

—

class A

$1

Power

Mfg.

Dome

1

5-

5%

Fund

Inc.

25c
10c

5-

1

Holder*

When

Payable of Rea,

Inc.—

investment

Dodge

;

15C

—

Bates &

6

Share

Extra

50c

A

20c

——

(quar.)

5

Shares,
net

Houses

50c

Cincinnati

——

-

Co.

5-

From

Dobbs

87Vfec

—

Chicago, Milwaukee, St. Paul & Pacific RR.

Baldwin-Lima-Hamilton Corp.—

5-15

Dividend

20C

v

A

Class

4-24

4-24

Name of Company

4-24

4-30

60c

Class A

6y<c

4-30
4-30

$1
-

Per

Holder*

$1

(quar.)

—

Machines, Inc.—

When

Payable of Rue,

15c

(quar.)

common

(quar.)
series

1947

Chesapeake Corp. of Virginia
Chesapeake Si Ohio Ry. Co.—
3%% preferred (quar.)
Chicago Corp.
(quar.)
Chicago & Eastern Illinois RR.—

56'Ac

<

(accum.)

Mutual

Corp.,

5-

$25c

common

Share

Company

$25c

preference (quar.)
preferred (quar.)

Fund

Houghton

5-

—.—-

$2.25

&

Baker-Raulang
Balanced

Co.,

Corp.,

preferred

5%

Axe

&

prior

conv.

Mfg.

Avildsen
*"**-

(quar.)—

—

Avco

Holder*

When

Payable of Rec.

$1

April 27, 1953

Motors

preferred

preferred
Corp.,

4%

(quar.)
preferred

$3.50 pfd.

(quar.)

—

(s-a)_

(qtiar.)

.

50c

7-10

6-19

$1

5-25

.5-11

87(Ac

5-

1

4-10

50c

5-

1

4-10

93%c

5-

1

4-

6

$1.25

5-

1

4-

6

Co.—

(quar.)

$5 preferred (quar.)

I

Volume 177

Number 5215

The Commercial and Financial Chronicle

...

Per

Name of company

Share

When

Holdera

C%

preferred
preferred

6%

$1.50

(quar.)
(quar.)

6-10
5-15

5-21
5-

1

$1.50

General

\

preferred

8-15

8-1

$1.50

5-

1

3-31

$1.37%

Public Service, $6

$5.50

International
50c

5-

1

3-31

5-

pfd. (quar.).

(quar.).

7%

Nickel

preferred

Canada,

General

Shoe

$3.50

Corp.,

3-31

$1.40

convertible

4-16

$1.40

convertible

5-15

4-10

Interstate

62 %c

4-30

4-17

87 %c

(quar.)

common

(quar.)
General Steel Wares, Ltd.,
5'% preferred (quar.)
,

preferred

4-30

4-17

$4.80 preferred
(quar.)
Interstate Engineering Corp.

125c

5-15

4-17

Intertype

preferred

1

4-

3

Investors

Trust

22 %C

5-

1

4-

8

25c

5-

1

4-

8

$2.50

(quar.)

,5%

preferred
(quar.)
General Telephone (Indiana),
i

Common

50c

(quar.)
Telephone Co. of the Southwest—
preferred
(quar.)

$2.20
Gerrard

(S.

Gilbert

A.)

(A.

Co.,

C.)

Co.

additional

Two
so

to

as

effect

for

each

$5

Co.,

Girdler
Extra

4 % %

Globe

Corp.,

common..

7-15

5-

1

preferred

$2.50

4-15

4-15

Rhode

of

preferred

(quar.)

4-15

5-28

Iowa

Public Service

Co.,

4-15

Jamaica. Water

1

4-15

Supply

Jantzen Knitting

Mills,

preferred

(quar.)_

75C

6-15

5-15

preferred
(quar.)
Goodyear Tire & Rubber Co. of Canada, Ltd.
4%
preference
(quar.)

$1.25

5-15

Jewel

40c

(quar.)

Class

Stock

—

L.)

(quar.)

—

Co.

Aircraft

Mobile

&

Engineering

Ohio

RR.

5-26
6-15

5-25

125c

9-15
12-15
5-

1

5-28

11-25

5-

preferred

4%

Johnson,

2nd

—-

$5
preferred
(quar.)
Gurney Products Ltd., $1.60 pfd. (quar.)
Gypsum Lime & Alabastine (Canada), Ltd.—

:Halle

Royalty,

5-

4

5-

1

5-

1

4-15

6-

1

5-15

5-

1

4-10

15c

5-

1

4-15

5-

1

4-20

6-30

6-10

6-30

6-10

$1.25

9-14

8-25

$1.25

12-15

4-15

Brothers

Co., common (quar.)
Mfg. Co. (quar.)*

"Hamilton
\Hanna

(M. A.)

Class

$4.25

preferred

Harris

__

1

15C

4-29

4-15

McCall

10c

4-29

4-15

32 %c

5-30

5-12

62 %c

6-

1

5-13

Inc.

5%

(quar.)

_____

_

preferred

&

Chemical,

Vegetable Parchment Co.

$5

preferred

(s-a)

pfd.

4%%

com.

(quar.)

4%

convertible

lHines

Hires

(Charles E.)

Holden

Horn

1

4-15

7%

2nd

112 %c

5-

1

4-20

A.)

Hardart

(Joseph)

1

4-16

6-

1

5-20

4-30

3-31

4-30

3-31

4-30

3-31

5-

2

4-15
9

4-30

4-

9

5%

5-15

5-

1

6-

5

5c

6-15

Lakeside

1

4-15

Lamaque

6-

1

5-15

Lambert

Class

1

5-15

6-

1

5-15

Lamston

7-10

6-26

Landls

B

40c

(quar.)

4.08%

4.42%

12-31

5- 5

$3

17 %c

5-15

4-25

8

6

5-

1

4-

30C

5-

1

4-20

6-

1

10c

5-

1

4-15

50C

5-15

4-20

SI

5-

1

5-

1

4-17

Indiana

&

Gas

Industrial

Water

^Institutional
&

Co.

9-

1

8-

5-

1

4-10

1

4-10

5-

1

4-10

Special

5-

1

5-

1

51C

49y8C

dividend)

Canada

2%
125c

Co.

4-10

Special

4-10

Special

5-

4

Special

1

4-

3

35C

(quar.)

_

6-

1

5-

1

4-15

6-

1

5-

Lock

Corp.

Joint

5-29

5-

1

Pipe
preferred

preferred

8%

Group Shares (21c from
income and 9c from security
30c

6

1

4-17

40c

6-15

5-15

115c

4-30

3-31

9c

5-15

4-30

preferred

income

Growth

and

16c

Fund

from

(16c

from

realized

net

Boston
Litra —!

Loew'8

security
32c

Hiterehemical Corp., 4,%%

pfd.

(quar.)_____

international Harvester Co., 7% pfd.




(quar.)

$1.12%
$1.75

4-30

4-

1

5-

1 V

4-20

6-

I

5-

&

.

50c

5-15

4-30
5-15

$6

,

6-

1

4-20

6-

1

4-20

7-

1

6-23

6-

1

5-

Co.

Plan

4-3®

5-11

4-2T

$1.50
*31 %c
*50c

6-15

5-18

12-15

11-16

5-

1

7-

1

6-19

10-

1

9-1®

5- 1

4-1®

7-

4-17

>

2

6-15

5%%

pfd.

C

$1.12%

1

National

1

5-13

National

1

4-23

National

1

7-24

11-

1

10-24

5-

1

4-10

5-

1

4-10

6-

1

5-

4 % %
4% %

National

4

com.

Co.

(quar.)

com.

(initial quar.)

class A pay-.

periods.

Mills, Ltd.

4-1®
<■.

■,

6t 9
4- ®

5-1
5-

6-

U 4- 6

1

1

5-

4-30

t

4-2®

.

4-30

4-2®

5-28

5-10

5-28

5-10

4-30

4-13

*20c

4-30

4-18

$3.50
"37%C

6-20

6-18

6-

5-13

net

25c
56Vic

5-15
5- 1

'

Chemical

*

and

13c

from

secu-

&

Mfg.

Welding Machine

4-13

65c

5-15
5-1

4-21
4-15

30c
$1.06
$1.18%
75c
25c

(quar.)_

1

4-10

5-25

.4-24
4-24
4-24
5-29
4-23

5-

5-25
5-25
6-10
4-30

5c

5c
*5c

—

8-20

8-

preferred B (quar.)
Paper & Type—
preferred (quar.)
5% preferred (quar.)
National Rubber Machinery Co. (quar.)
National Starch Products, $1.40 pfd. (quar.)

A
A

4-21

5- 1

5c

Quarterly

Class

,

1

50c

Products Corp. (quar.)
Department Stores Corp. (quar.)_'

4-18

,

>-

5-

15c

Dairy

5-1

10c

Co

Bank of N. Y. (quar.)
Cylinder Gas, common (quar.)
preferred
(quar.)
preferred (quar.)

n

»

City

Class

1

Fund—

income

National

1

7-21

10-30
7-2

10-20
6-5

1

9-4

15c

1-2-54

12- 4

$1.75
$1.50

6-15
5- 1

5-22
4-10

62%o
62%c

6-15
9-15

30c

6-11

5-20
8-31
6- 1
4-30

*5c

Lead

7%

Co.,

preferred A

(quar.)

6%

10-

National

11-19

6%

2-18

—

6-

1

5-

1

6-

1

5-

1

5-

1

4-15

National

6-

1

5-

Naugatuck

6

7-

1

6-20

4%%

10-

1

8-21

Nelsner

1-2-54

Vulcanized

Water

Co.,

preferred

Fibre

35c

5-15

5- 1

4-16

4-i5

(quar.)—

$1.06%

$1.18%

pfd.

4%%

5- 1

20c

75c

Co

5- 1
5-15
5- 1

(quar.)__

$1.18%

5- 1

(s-a)

Co.

(quar.)—

5- 1

4-13

12-22

5-

1

4-17

5-

1

Brothers,

4%%

preferred

Co., common
preferred
(quar.)
Meter

(quar.)

37%o
60c

5-15
5-15

5- 1
6- 1

93%c

5- 1

4-15

4-17

,

•; rr i

5-2®

t20c

Electric

Neptune

*

4-30
6-10
6-30

6c

(quar.)

5-21

$1

•

5-2®

,

2c

—

(quar.)

6-10

15c

quarterly dividends of

1

5-29

40c

8-20

IOC

38c each for the March and June

5-

7- 2

7

Co.—

National

$1

„

I

5-15

5c

(quar.)
Products

National

$1

(quar.)

5-

56%c

2-18

—

4-11

5-11

50c

11-19

—

4-

5- 1

5c

Co.

Neiman-Marcus

(quar.)
(quar.)
(quar.)

4-27

12,/2c

(quar.)

Metal

Investment

X)c

(quar.)—

5-9

59%c

9-10

,

6-1

4-13

75c

(quar.)

Quarterly
National Hosiery Mills, Ltd., class A

5-21

9-10

5-9

122 Vic

12-10

12-10

5-27

6-1

40c

3-10-54

3-10-54

1

$1.50

$1.10

50c

1
1

6-

17 %c

rity profits
Narragansett Electric, 4%% pfd. (quar.)
Nathan Strauss-Duparquet, Inc.—
Reduced quarterly
National Casket Co., Inc., com. reduced)—

6-

50c

4-13

5.5-

96%c

(quar.)
(increased)

—

from

8-

50c

4-13

lc

Diable

50C

-

1

$1.20

(initial)

preferred

5-

6-10

5-

34%c
62'/2c

(quar.)

(quar.)

common

Corp. of America,

Clemens

$1

(quar.)

■'*.
$1.10

C)
(quar.)
B
(quar.)

Co., com.
(quar.)

preferred A

25c

(quar.)

4-U

5-29

Mutual

40c

40C

5-1

»

(quar.)

pfd.

—

25c

9

40c

50c

<Md.)

5-18

$1.06%

Vernon-Woodberry Mills
7% preferred (s-a)
Murphy (G. C.) Co. (quar.)

Co.—

ment consists of two

5-13

6-12

5-29

11 %c

Long-Bell Lumber Corp.

4-

6-12

Mount

25c

(quar.)
(quar.)
(quar.)
(quar.)

Theatres

4-18

4-30

(quar.)

Extra

8

'

Institutional

(initial);
pfd. (quar.)

com

$1.10

I.)

'■> ,4-18

2

12c

A

(R.

5-13

75c

(quar.)

(quar.)

Co.,
series

Mount Royal Rice

5-

(quar.)

8%

Bond

ordinary
profits)

4-

1

',5-13

„

2

25c

8%

Shares—

4-27

Power

25c

Finance

Preferred

5-29

5-

V

Extra

$1.12%

Extra

Local

1

5-29

4

4-2®

7- 2

6%

5-

'

guaranteed
guaranteed
guaranteed
guaranteed

5-15

50c

6-

0

7-

Mount

4-15

Loblaw, Inc.

5-15

15c

$1.25

(quar.)

Corp..

(quar.)

4-15

$1.10

5-20
5-

4-15

1

1

5

Ltd.—

1

5-

$1.10

-i

J 5c

6-4

.

.

5-1

15c

series

Common

1

original

Original

1

(quar.)
(extra)

Society,

Morrison-Knudsen

6-

(quar.)
RR.,

1

7-

12V2C

7-

$2.25

5-

(quar.)

Original

5-

58%C

(quar.)

(quar.)

Brownhoist

Ungersoll-Rand
Stock

$3

55c
53 %C

(s-a).

preferred
(quar.)
preferred
(quar.)
preferred (quar.)
preferred
(initial)

preference

Miami

7-

$1.11%

4
4

*25c

87 %C

common

$1.08%

6-

t$1.75

60c

Co.,

preferred

Link-Belt Co.
Little

Timperial Tobacco Co. of
4%

$3.50

Printing

1

6- 4

.,

t$ 1.75

25c

Lincoln

7-

6-

>

15c

Ltd.

preferred

25c

Insurance

97%c

5-2®

1

Ltd.

Co.,

preferred A

Morris

30C

.

Life

7-

preferred B (quar.)
preferred (quar.)
Morrell
(John)
& Co.
(quar.)
Morris Paper Mills, common (quar.)
4%% preferred (quar.)_

96 %C

(James) & Sons Co., 3.85%

Lehigh

4-15

15c

—

7d%

4-15

5-

10c

(quar.)

4-30

75c

50c

4-25

5-

96%c

•

7%

4-15

_,

5-15

1

7- 1

15c

Light,

Chemical

preferred

Mount

pfd. (quar.)
Portland Cement Co. (quar.)
Lerner Stores Corp., 4%% preferred (quar.)
Leslie Salt Co.
(quar.)
Lewis Brothers, Ltd.
Lexington Trust Fund—

5-29

95c

5-15

6-15

4%

4-15

4-30

Extra

Leece-Neville

4-15

1

$12%c

Bryant, Inc., 4% % preferred (quar.) —
Acceptance Corp., Ltd.—
A
(quar.)
Class B (quar.)
Lee Rubber & Tire Corp.
(quar.)
Class

2

5-

5-

56 %C

Lane

2

25C

(stock

5-

9-15

Laurentide

6-

$1

(quar.)

6%

4-30

6-

4-10

4-17

1

Montgomery & Erie RR. (s-a)
Moody's Investors Service, $3 pfd. (quar.)
Moore Corp., Ltd., common (quar.)___

12-15

1

5-15

4-17

9%%

(quar.)
Co.
(quar.)

Co.

9-30

25C

1

^Illinois Central RR.—

^Illinois Zinc

6-15

(s-a)—

(quar.)—I

6-26

Co.—

preferred

4.70%

6-15

6-30

15c

_

$6 preferred

5-

4-20

common

6-30

7

4-10

preferred

4-24

7

1

common

Co.,

1

15c

12-19

Power

4-20

6-

9-15

12-30

non-cum.

4-30

12-15

$1.25

4.26%

$3.85

9-30

Lincoln National

6%

5-15

12-31

6-19

Ullinois

1

4-

1

&

(series

Monsanto

4-

5-

S.)

Loan

5-15

1

5-

1

6-

(quar.)

Power

preferred

4.80%
Monroe

1

15c

5-15

Brick

12-28

6-

1

4-27

3-31

5-

28%c

preferred

15c

(quar.)

9-19

JHlinois

1-11-54

1

25c

4-30

45c
25c

4%%

preferred

Montana

9-30

4%

4.50%

16C

6-30

Co.,

4.40%

9-28

29c

50C

Power

6-26

x

$1.25

3Idaho

7-10
10-10

5-

30c

6-1®

5-1

$10c

Semi-annual

10c

—

■

$1.50

Co

Door

4-10

10c

$1.25

&

4-30

5-

(quar.)

5-14

6-30

6-1

$1.18%

:

Corp.

new

Inc.,

(Robert),

preferred

IOC

Co

Sash

Mitchell

5-

(increased)

.4-18

Monongahela Power Co.—

preferred (quar.)
preferred (quar.)
5%
preferred (quar.)
Hydraulic Press Brick Co.

IHuttig

4-24

110c

30c

Car

5-11

20c

62 %C

(quar.)

4-15

1

5-28

J 50c

10c

15c

Co.

1

5-

$50c

Co

(J.

37 %c

Lees

5-

6-11

4-15

62'Ac

(quar.)

Corp., $1.60 prior pref.

Mitchell

5

6-26

Gas

Maid

7-15

4%

5

25c

1.

7'/2C

1

8-

$1.05

4-15

''

1

5-

50c

;

Co

8-

11-

1

Co.,

Rhoades,

Brick

$1.75

8-15

1

Piping

&

Mississippi

11-15

5-

Midwest

6-15

25c

4-

5- 1,
7-

25C

4-15

25c

4-17

5-15

ji5c

Co.

Petroleum

1

Quarterly

1

Electric

&

1

Quarterly

5-29

(quar.)
(quar.)

Co.

7-

4-15

5-

4-15

i50c

(quar.)

common

A

5-

5-15

5-15

1

25c

(s-a)

Mississippi Glass Co.—
4% preferred (quar.)

5-11

1

50C

Gas

6-

(Mo.)

5-

50c

Mid-Continental

Minute

Inc.—

Inc.,

Corp.,

$1.50

—

Co.

(quar.)

5-18

30c

$1.75

___

5%

Motor

1

1

$1.06'A
com.

Hussmann Refrigerator Co.

6-

15c

(M. H.),

preferred

1-'

75c

Co., Ltd., class A

Stores

Minneapolis

9-24

5-

50c

(interim)

Co.

6-24

(quar.)

Machine

5%

6-

„■

1

Miller

12-23

5-15

1

93%c

B

Milton

9-30

5-15

6-

1

5-15

6-30

4-24

'■

93%c

5-

4-30

(quar.)

(quar.)
(quar.)

6-1

5-

4-16

12-30

5-8

1

$1.10

5-20

$1.12%

6-15

6

6-

$1.22%

6-10

(quar.)

B

5-

85c

preferred
(quar.)
preferred (quar.)
Michigan Gas Utilities

4-30

$1.12%

b%

Hudson

Bay

5-15

6-

5%

—

___

Lighting & Power
(quar.)

4-10

6-15

25c

preferred

$4

Hudson's

5-1

15c

4-15

5c

4.40%

$1

6-13
-=

6-1

45c

(quar.)

com.

Co., Ltd., preferred

Shoe

Michigan

6-15

10c

$1.12%

(quar.)—

A

(quar.)

A

Class

1

$1.06%

(quar.)

preferred

Class

10c

Quarterly from net investment income—
Libby McNeil & Libby (s-a)_
Special
—
Liberty Life Insurance Greenville (3. C.)—
Quarterly
Life Savers Corp.
(quar.)_
Liggett & Myers Tobacco Co. (quar.)

Houston

12-24

7-

115c

—

(quar.)_

Metropolitan Edison Co., 3.80% pfd. (quar.)
3.85% preferred (quar.)
3.90% preferred (quar.)
4.35% preferred (quar.)
4.45% preferred (quar.)
Meyercord
Co.
(increased)
Mica Co.
of Canada,
Ltd
Michaels, Stern & Co., Inc., class A (quar.)_

50C

_

(Alfred), Inc., class A
A

6-

__

series

Extra

(quar.)
Mines, Ltd

Gold
B

50c

(N. Y.)

12-30

■

preferred

5-

50c

—

Corp.

4-10
6-25

50C

Laboratories,

$1.16

35c

30c

Co.

-Houdaille-Hershey

1

ut"

(quar.)

preferred

5-

6-30

11-15

6-30

4.90%

^Quarterly
Superior District Power Co.—

4-30

9-15
12-15

75C

preferred (quar.)
preferred (quar.)

Common

1

$2.50

Lake

4-

6-15

$2.50

Inc. (quar.)
Crosse Telephone (quar.)
La Salle Extension University—
Quarterly
Quarterly

Class

(quar.)

Co.

5-

10-

4-11

8

1

1-2-54

87%o

La

Class

Co.,

&

56 %C

57-

87 %C

L'Aiglon Apparel,

4-23

(stock dividend)
(increased quar.)
Co., com. (quar.)
(quar.)

preferred A
&

5-

4-15

Co.

(George

Home

2nd

4-15

Electrochemical

$4.20 preferred
$4.25 preferred (quar.)
Horder's, Inc. (quar.)
6%

7%

1

-

Insurance

IHormel

4-17

....

1

(Henry) & Co.

Home

6%

5-11

5-15

Corp., common (quar.)
preferred (quar.)

conv,

Hooker

2-1-54

40c

5-

B

Sugar

5%

Kroger

Company, common
1st preferred
(quar.)

....

5-

Mfg. Co., Ltd., class A

Class

Holly

100%

1

6-30

$15C

Mercantile

20C

(quar.)

20c

(quar.)

Co.

4-11

87%C

(quar.)

A

$1.25

Lumber

8

_____

preferred

4y2%
A

53 %e

preferred (quar.)
(quar.)

(Edward)

Mfg.,

preferred

(quar.)

preferred

Co., common (quar.)___
Hotels Corp., common
(quar.)

5-

;_____

preferred

Class

Mfg.

Hilton

"Holt

5%

(quar.)

100%

50c

gains)

4y2 %

30C

.—

4%%

5-15

12-

1

"•

Corp

Grain

Melville

5-15

1

(4c from income and _6c

4 y2 %

(quar.)

preferred series A

Higbee Co.,

Kroehler

.....

....

$1.25

(quar.)

Corp.,

5-15

1

6-

;

Stores, Inc. (quar.)
(S. S.) Co. (quar.).

93%C

preferred class A (quar.)
6%
convertible preferred "B"
SHershey Chocolate Corp.—

Higbie

1

15C

b%

Co.,

Products

capital

Kresge

45c

7%

1

6-

Kobacker

1

15c

(quar.)

6-

5-15

1

26 %c

(quar.)

Corp.—
preferred 1951

Corp., common (quar.)
$2.50
preferred
(quar.)
Mclntyre Porcupine Mines Ltd.
Melchers Distilleries, Ltd.—
6% partic. preferred (partic.)

1

6-

6-

V

Corp.

$1

Kidde

from

6-

4-1T

,

4-18

52V2c

Class B

$1.12%

$3 cumulative class A (quar.)
Keystone Pipe & Supply Co., $5 pfd. (s-a)__

1

5-15

6-10

95c

preferred (quar.)
preferred (quar.)
preferred (quar.)
Kansas City Southern
Ry.—
Common
(stock
dividend)
4% non-cum preferred (stock dividend)-.
Kellogg Co., 3%% preferred (quar.):
3%%
preferred (quar.)
3V2%
preferred (quar.)
Keyes Fibre Co.—

6-

9c

Powder

25C

4%%

6-19

25c

—

Co., common
(quar.)
'"3%%
preferred
(quar.)
Steel

(quar.)

4%

68 %c

Hecht

JHercules

(quar.)_

com.

(quar.)

1

6-15

Co.—

Chemical,

(L.)

McCabe

4-1*

4-30

5c

McCord

Testers,

Extra

6-

11-

4-20

.

4-lif

.

50c

preferred series 1947 (quar.)
Maytag Co., $3 preferred (quar.)

10-20

6-11
1

1

4-30

5-

g

60c

$3.75

1

6-11

1

5-

1

11-

50c

1

5-

McArthur

Knickerbocker Fund

8-

1

McBrine

4-24

5-

5-

2c

7-20

1

1

55c

Hercules

$1

4-30

26V4C

(quar.)

preferred

4-20

$1.37%

(quar.)

Corp.

(quar.)__

$25c
$$1.25

(quar.)
(s-a)

Department Stores Co.,
$3.40
preferred
(quar.)

$3.75

,

,

May

6-5'

6-20

4-

5-25

Chemical

conv.

10-20

5-

6-

4-10

4-

6-15

5c

Macotta

1

5-

6-30

4%%

1

4-15

$1.37 %

_—

,

Mfg.

40C

T-

1

37'/2c

$1.05 convertible preferred
Mathleson

1

1

20c

I

Co.

Casualty

5-

1

$1.37%

Special

JHayes

4-16

5-

&

preferred

8-

6-

$1.37%

—_______

Extra

4-15

5-25

5-15

$2.10

11-

5-

$1.06%

(quar.)_

Co., 5% % preferred (quar.)
preferred (quar.)
5% %
preferred (quar.)
*
5% %
preferred (quar.)
JHart, Schaffner & Marx (quar.)
martford Electric Light (quar.)
IHartz
(J. P.) Ltd., class A
Hat Corp. of America, 4%% pfd. (quar.)
Hathaway Bakeries, Inc.
(quar.)
(A.)

5 V:2%

Haydock Fund, Inc.

1
1

5.

Semi-annual

3C

50c

(quar.)

Co., class A
(quar.)

B

5-

$1

(Walter) & Co. (quar.)
Kimberly-Clark Corp.—
4% convertible preferred (quar.)
Kingston Products Corp. (s-a)

5-

4-29

4-17

1

2c

Kaiser Aluminum

11-25

1

140c

5-15

5-

6-

common

25c

(quar.)

Realization

_

150c

IHagerstown Gas Co.

Mar-Tex

Maul

17V2C

—

6-15

Kansas City Power & Light Co.

5-28

5-15

$1.25

(quar.)

1

15c

pfd.

Kalamazoo

Co.

(quar.)

preferred

7-

20c

(initial)

par

4

$1

Corp

Field

5c

Johnston

4-10

37 %c

quar.)

Marshall

4-20

$1

priority
(quar.)
preference
(quar.)
Mallory (P. R.), 4%% preferred (initial)__
Mapes Consolidated Mfg. Co. (quar.)

5-15

5-1®

4-30

1

5%

4-15

6-15

5-

Convertible

4-17

7-18
10-18

$1.06%

(quar.)
Mailman Corp., Ltd.—

1

35C

(quar.)_

Co.

1

4-18

1

15c

A

(quar.)

5-

Common

8-25

25c

Magnavox

B

4-30

4-28

50c

*5

5-15

preferred

3c

4-28

10c

(quar.)

"$5

4-15

1

3.80%

preferred (quar.)
i
Tanning Co." (reduced

Common

1

6-

4%

Extra

4-21

50c

(quar.)

Griess-Pfleger
Gulf

5-

8

Extra

4-21

1

5-26

5%

Hydraulics, Inc.
(quar.)
•Griesedieck Western Brewery Co.—

Grumann

1

5-

56 %C

,

Greer

5%

5-

31 %c

(actum.)

dividend

(H.

Ranch

75c

125c

pfd.

conv.

Co.

Grayson-Robinson Stores—
'i $2.25 preferred (quar.)
Green

&

Johnson

125c

(quar.)

(quar.)

Union

Johnson

4-15

5%

(quar.)

A

Grand

4-10

1

$1

now

5-

10c

dividend

Graham-Paige 5%

5-

Co.—

4-30

56 %C

(quar.)

4 % %
preferred
(quar.)
Government Employees Corp

Ltd., class A

1

50C

Corp. «quar.)
Jersey Central Power & Light—
4%
preferred
(quar.)

Co.,

6-

Jarvis

1

&

10-19

$1.25

1

A

10-19

(quar.)

common

5-

Class

2
2

1

J2c

Mines,
Macco Corp. (increased quar.)
Macy (R. H.) & Co., 4(4% pfd.

15C

(quar.)

5-

Grafton

1111-

Macassa

Maryland

5-15

Stock

7-20

93%C

5-15

com.

1

Co.—

15c

Inc.,

62Vac

8-

(quar.)
Ltd

$1

preferred (quar.)

$2.50

Batteries,

5%

6-

1

National

7-20

11-

5

,.'.A

1

$1.05

5-

150c

"

8-

13%c

5-

RR.

4-2T

5-

5-15

common

5-15

8-1'.

5-15

Tea

5-

50c

—

62yac

1

New

Extra

4-2T

62%c

1

25c

6-15

4-13

5-15

(quar.)

6-

56'AC

$5

1

5-15

25c

(quar.)

6-

4-24

(quar.)

5-

*•

7430

,

J

9

$2.40

Newberry (J. J.) Co., 3%% preferred (quar.)
%(

...

„

.

6- I

-6- 1

New

"New

Process

York

Air

50c

Co.-_-—

Brake

Co,

(quar.).^„—"

y

1

12y2c

(quar.)

preferred

97 %c

5%

$1.50

5-

preferred
preferred

93%C

5-25

4

(quar.)

(quar.)

6-12

5%

(quar.)

50c

6-20

pfd.

$1

5%

(quar.)

4-24

6-

$6

4-21

4-20

preferred

5-25

1

Light,

4-2L

1

4-20

preferred

50c

7-

Co.

1

5-

1

3.90%

6-15

&

Inc.

Steel

5-

1

45c

4.20%
preferred
(quar.)
Ironrite, Inc., 55c conv. pfd. (quar.)
Jack & Heintz, Inc., common (quar.)
4%
preferred
(quar.)
Jacksonville Gas
(quar.)

Deckertown

1

Stores,

4-13

50c

(quar.)

4-IO

1

5-

(quar.)

common

1

common

Lucky
Lukens

6-19

35c

1

IOC

Power

6-19
4-15

250

5-

$1.75

Louisville

1

1

RR.

5-4

1

5-

$3.50

Nashville

6-1
5-

$1.50

(s-a)

&

7-

37 %c

1

(quar.)_

50c

22yac

(quar.)

Lyon. Metal Products—

5-30

3%%

periods

5-

Participating

1

(quar.)

preferred

7-

6-

and June

25c

25C

5-

(quar.)

7%

4-30

6-15

March

Louisville

,

Participating

4-

Rubber,

7-15

3.75%

.

the

of Ren.

con¬

87%C

5-

&

4-14

1

25c

(quar.)

1

Tire

1

8-

for

Island Lighting Co. (quar.)
Louisiana Power & Light, $6 pfd.
Louisiana State Rice Mill, common

2

53

Holier*

When

Payable

25c

5

common

5-

each

(Mo.) payment
quarterly dividends of

two

Long

5-13

10c

Iowa-Illinois Gas & Electric Co., com. (quar.)
4.36% preferred (initial)

split

common

1

of

share

Co.

37%c

5-15

Co.,

6-

Lumber

sists

Island—

5-

Wernicke,

Gould

35c

(quar.)

preferred

$2.50

6-

35c

Co.

6-

:

&

1

4-15

6-16

$1.20

55c

(quar.)

7%
preferred (quar.).
Goodall Rubber Co., common
5%
preferred (s-a)

Goshen

4-

1

_

50c

(P. H.)
preferred

Goodyear

l.j

5-

(increased)

$1.25

_.

Glatfelter

5-

30c

160c
35c

(quar.)

Corp.

t8%c

35c

(quar.)

common

preferred

1

Participating

held

share

three-for-one

1

"

Gillette

4-

(quar.)
(quar.)

25C

preferred (s-a)
(stock dividend) —

shares

1

8-

50c

(quar.)

preferred

$2

General

5-

50C

(quar.)„

com.

1

Corp.

5-

General Telephone Co. of California—
4'/a %

preferred
preferred

Bakeries

$$1.25

common
—

5-

7% preferred ($5 par)
(quar.)
International Packers, Ltd.
International Paints (Canada), 6% pfd. (s-a)
International Utilities Corp., common

1

Per

Name of Company

Long-Bell
t$1.75

5-15

$1

(quar.)

Holdert

Payable of Ree.

Ltd.—

(quar.)

35c

(quar.).
Utilities

When

Share
of

Co.

5c

$4 preierred
General Public

Per

II
Name of Company

Payable of Re0.

General

Outdoor Advertising—
Common
fquar.)

(1837)

5-

40c--

6- X

4-CO

1
-

£-15

•

54

The Commercial and Financial Chronicle...

(1838)

When

Per

Inc. (reduced).
Electric & Gas Corp,—

(quar.)

Common

6-

5

Class

1

6-

5

Reitman's

7-

93%C

1

7-

$1.12%
—

Reed

4-17

1

6-

5

4-29

Reliable

6-12

5-29

Co.,

Illinois

Northern

RR.

1

7-20

5-

8

4-16

Reynolds <R.

Northwest

6-10

5-25

50C

7-

1

6-22

7%

6-10

5-20

7%

(quar.)

1

4-18

4-18

7%

4-16

Engineering,

7%

25c

1

4-17

River

1

5-

4-15

4%

Shoe

Nunn-Bush

Leather

Ohio

Oklahoma

<quar.)
—
Industries, Inc., common
preferred A (quar.)
—
Oliver Corp., 4%%
conv. preferred (quar.)
Filters,

4-17

5-

1

4-30

4-16

5-

1

4-15

5-30

5-19

$1

6-30

6-19

4-30

7%

1

5%

1

*$3

6-

1

5-

(s-a)

Tail

(quar.)

Co.,

Power

Rice

Aircraft

4%%
Rose's

5,

Class

5-15

S &

6-

1

5-15

1

4-20
5-20

5%

convertible

1

5-15

5%

convertible

4%

preferred

Park Chemical

Park

4%%
Park

Distillers

Tilford

&

1

5-15

6-

5-15

:

4-14

-

4-28
5-

1

4-13

$1.16

5-

1

4-13

90c

5-

1

4-23

5-

1

4-23

25c

(quar.)
(quar.)_

—

4-27

4-15

—

(quar.)

(quar.)—,
Stores,

t25c

—

common

15c

*

5-

•

1

4-20
4-

4-30
7-

$1.06

'•

Texa&Industries,

6-

$4.50

5

$1.25

1

9-15

9-

1

$2.40

$1.25

12-15

12-

1

Thermoid

r

6-15

Ltd.

new

&

Co.

6-

1

5-

1 J

1

6-

5

Toledo

*20c

5-

1

4-15 *

4.25%

$ 10c

5-

1

4-15

4.56%

5-11

4-20

(quar.)

5-15

37V2c "

5-1

63%c "

5-

5-

1

4-20

1

7-20

Trinity Universal

31 %C

85c

5-

1

4-17

$1

5-

1

4-17

$3.40
$4

75c

5-15 '

4-20

(quar.)
Scotten Dillon Co. (quar.)

5-

4-20

Scovill

$1.25

1

Scott

preferred

32 %C

5-

40c

1

41-5

5-12

10%

4-10

Scranton

1

5-20

Seaboard

6-

$1.50

5- 9

$2.50
r

5-18
6-15

6-

"

5- 1

50c

4-20

5-15

4-30 "

7-15'

7- 3.

(s-a)—

22 %c

12-15

12- 3

59c

5-

45c

4-30

5

4-

1

5-

1

4-20

1

7-

1

6-10

7-

1

40c

5-

1

1

6-10

,

UniOUr

4-17

5-

1

4-14

,

5-15

4-30

6-

5-15

15c
75c

6-10

Shirriff's,

4-25

Sierra

7-25

(quar.)

6%

10-24 "
4-25

Ltd.,

Gas
Oil

preferred

Simmons

Simms

S.),

(T.

preferred

$1

6-10

Co.

of

Co.

of

Canada,

5-15

4-20

!

5-15

4-20

"

5-15

4-20

87%c

5-15

4-20

*25c

5-1

4-3

5-

4-10

4."%%

'

Inc.,

convertible

Uiflted

Blsbult

Ltd

California

Co.

(quar.)

50c

(quar.)

common

preferred

25c

(quar.)______

United

Cohtlnental

I V

.4-14

-

5-

1

4-20

*

5-

1

4-20

United Drill & Tool, class A (quar.).
Class B '(quar'.)_L_

50c

6-

9

5-22

United

25C

5-

1

4-15

(quar.)__

net

investment

Funds,

Inc.—

(quar.)

preferred

$1.32
$1.30

33C

$1.30

preferred

Penman's

4.40%

4.05%
r

4.70%

*

4.50%

4.25%

(quar.)————

Co., 4.24%

**.

pfd.

Peoples

Machine &

4-

1

6-15

5-20

6-

1

5-20

6-

1

5-20

Solar

._*_

$45c'

Corp.

Income

$1.25

American

South

1

$1.01

6-

1

Southern

$i.i7y2

6-

1

$1.12%

5-

1

4-15

40C

5-

1

4-14

50C

5-

1

4-20

Gear

Gold

4-18

6-

5-15

Lathe

$1.12%
$1.12%
$1.12%
$1

4%

preferred

$1
$1

1

6-12

Southern

1

9-11

Southern

12-11

10-

5-

3c

(from net

4-30
5-

1

6-30

6-

5

5

'

6-30

6-

5

:

;V

Co.

50c

50c

pfd.

5

Southern

Natural

Southern

9-11
12-11

5 %

non-cum.

4-10

5%

non-cum.

Gas

Co.

6-

1

5-15

6-

4-15

$1

5-

1

4-15

3.90%

20c

5-

1

4-20

4.15%

$1.25

5-

1

4-20

4.25-%

35C

5-

1

4-10

4.40%

preferred
preferred

4.<

2%

6-

1

5-

8

Southwestern

6-

1

5-

8

Special

1

5-

8

&

7-15
6-

1

5-

1

4-20

92 %C

5-

1
1

4-20

$1.03%

5-

1

Inc.

Procter

&

Gamble

Provincial

Co.

«

4%%

(quar.)

Colorado,

Service

3%%

Co.

of

(quar.)

(quar.)

4-24

5-21

5-

35c

5*

1

4-15

6-

1

5-15

7

_

$1.05

6-

1

5-15

45c

Indiana,

preferred

5-15

$1.06 y4

(quar.)

6-

1

5-15

InC.—

(quar.)

1

4-20

5-

1

5-

l*

4-20

28 c

6-

1

5-

(quar.)

Service

Common

Co.

of

8.7 %C

6-

1

5-15

27c

—

(quar.)

New

Mexico

6-

1

5-15

—

**_;

—

preferred A (quar.).—
**—
Pnget Sound Power & Light Co
PuntS. Alegre Sugar Corp..—
Quarterly Income Shares (quar.)
Quebec PoWer Co. (increased quar.)
Quinte Milk Products, Ltd., class A—**
Radio Corp. of America, common*..
5%

____

i

$3.50

conv.,

1st

preferred

(quar.).

Randall

Co, (quar.)..*
Raymond Concrete pile Co.

Rayonier,

Inc.

...

(quar.)

(quar.)




14C

5-15

$1.25

6-15

6-

30c

5-15

4-23

25C

6-

1

5-

1

1

5-15

15c

5-1

4-30

(30c

5-25

4-15

(15C
50C

87%C
37 %C

5-

.

4-24
4-17

5 %

7-

1

6-15

5%

5-

1

4-20

5%

5- 1

4-20

37 %C

5-15

4-24

B

*

5-15

4-28

35c

5-

1

4-16

30c

5-1

4-18

Southern

Oil

Corp.,

Line

$1.31(4

5-

1

4-18

25c

5-

1

6%

preferred

A

5-

1

4-15

(quar.)

common

preferred

(quar.)

;

12%c

(s-a)

;

Inc.—

Fund,

Food

Co.

Wsite

Amulet

Brothers

New

Co.

7c

5-

1

4-11

5-19

5-8

•'

$1.25

6-10

6-

1

*

$1.25

9-10-

9-

1

12-

1

*

37%c

5-

1

4-17

-

8-

1

7-17

+350

5-

8

5-20

5-

1

5-

4-15

(quar.)

62%c

(quar.)

45c

(quar.)—

convertible

preferred

class

Works

5

5-

1

5-

*

1

4-15
4-15

»

$1.06%

5-11

$1.12%

5-11

4-24

'

25c

(quar.)_

5-15

5-

<•

A

t20c

Co

''

Wesley Mason Mills, Ltd., 5%%
West

6-10

25c

1

11-30

12-10

30c

12-15

12-10

4
-

10c

(initial)

preferred

Waferly Oil

4.30

60c

$1.25

Waterous, Ltd.,

8-31

<•

.

5.15

,

37%c

9-15

5-29

4-15
_

(quar.)

10-1

12-

4-30

nc

Washington Steel Cov (quar.)

9-10

-

:

(quar.)

6-15

6-10

7-16
.

Pictures, Inc.—

common

$4.25

-

*;

4-16

1
*

.

Mines, Ltd.-*:
(quar.)

&

1

8-

'

Vanadium Corp.
of America
(quar.)
Vapor Heating, 5% preferred (quar.)
5%
preferred
(quar.)

(quar.)
Virginia Ry., 6% preferred
6%
preferred (quar.)

5-

$2

'

-

*

4-H

15c

Co._

Enterprise,

Valspar

$6

1

10c

.

$1.50

Corp.,

Wareen Brothers Co., 5% preferred
Washington Gas Light Co., common
J

5-1

..

preferred (quar.)__
Universal Leaf Tobacco Co., Inc., com.
(quar.)
Upper Peninsula Power Co., common (quar.)
5Vi% preferred (quar.)

Stores

Walker

-

5-15

-

7-

40C

6-

1

5-

1

$1.75

5-

1

pfd.

(quar.)

t

■

30c

*$1.37%

Kentucky Coal Co. (quar.)

4-24

_

5-15

1

4-30

>

4-28

4-10

5- 1-

4-16

5-

;

50c

Corp.

5-20
4-15

...50c

r

(stock

5%

5-

1

^

4-15

4-13

-

_

Westchester

5-15

5-

5-

1

4-10

Western

5-

1

4-10

Western

25C

5-

1

4-13

-

$1.25

.

1

(quar.)

common

6-20

6-15

9-30

9-15

$1.25

12-31

12-15

*20c

*20c

$2.50

Western

$1.25

2

55-

1

1

4-

7

4- 7

Co.

r

C

4-10

1

Ak

Fire

Insurance

Lines,

Insurance
class

A

*

*

Inc.

Kentucky .Gas,

preferred

(quar.)

5-

1

4-15

6-20

6-

-

$1.12%

'

5

Co.—

..

'
4.80%

5-1

5-

g_i5

1

5-

1

5-

l

31%c

Western

Life Insurance Co., common;
Common

1

40c

(quar.)

30c

*

—

.

30c

"

j
*

5-

30c

(quar.)

com.

*

6.

""

$1

pfd.

*'

4-16

isc

s

*

*

<

5-15 "

25c

(quar.)*

Western Light & Telephone Co.,

5%

*

20c

Securities

(accum.)

v
17%c

(quar.)_;

We%,Virginia-Pulp &- Paper Co.—
4%% preferred (quar.

--*15c

-

'

7%:prior preferred (quar.)

tlOc

of Canada, Ltd.

Preference

WesfcVMichlgan Steel Foundry
West Ohio Gas

(quar.)

preferred;
(quar.)
preferred (quar.)
preferred (quar.)
Co.

-

l

4-10

5-29

Stecher-Traung Lithograph Corp.

Steel

5-

5-15

1

4-15

6-15

*56 %C

(quar.)

"

75c

.

8

.

dividend)__
Stanley Brock, Ltd., class A (quar.)

1

*■

5-15
6-

„..

Standard-Thomson Corp.

5-25

5-

10c

,

Dredging Corp.—
preferred (quar.)
Standard Fuel, Ltd.-, 4 % % preferred
Standard Power & Light—
1
$7
preferred
(accum.)
Standard Steel Spring Co.—
4%
convertible preferred'(quar.)

Btarrett

6-10

10c
...

5-25

1

25c

*

*

,

4-15

Cement, .common

6-13

1

25c

conv.

Class

4-15

1

-

.

*

Public

1

$1.12%

.

Common

$1.60

55-

20c

*

4-17

5-

$4.50

*

Common

/

pfd. (quar.)
6% preferred

5%:: preferred

9

5c

*****

(quar.)

7.17

1

5-

Wsmer

25c

Quarterly
Spokane Portland

-

—

(quar.)
(quar.)

Quarterly
Quarterly

5%

4p from earned income and 3c from capi-fetal gains

4-20

56 %c

**'_

preferred

conv.

Standard

...

preferred

*4.32%

4-13

*20c

(quar.)..
com.

(quar.)
preferred (quar.)..'..

Common

4-13

1

'

preferred

4.20%

Public

of

1

5-

65c

Transport Co., Ltd.

Public Service Co.

!

5-

Common

4y2%

1

5-

$75c

.

4-20

5-

(quar.)*

-

s_

1

62V2c

Value

4-20

5-

Spiegel, Inc., $4.50 pfd.
Spokane International RR.—

90c

,

5-15

$1.06 V*

Co.

4-17

„

(s-a)

Valcar

7-10

30C

$1.15

5c

$1.17%

5-29

50c

Spencer, Kellogg & Sons, Inc.

—

6-12

97 %<J

Securities,

4-13

(quar.).."

4-15

(quar.)
,

States Telephone

Investments

4-17

Co.,

1

$1.10

1

preferred

5-12

5-

(quar.)

com.

(quar.)
(quar.)

4-27

4.70%

6

$1.20

preferred' (quar.)
preferred (quar.)*

5-

*

6-

Co.;

Corp., Ltd.,

$4-.convertible

(Texas)

Public

1

*

VaE Camp Sea

Service,
preferred (quar.)
preferred
(quar.)

3.70%

$1.37%

•

5-15

4-20

-

6-15
5-

5%

—

t40c

Edison

1

5-15

.

"

6-

45c

5%

...

Value Line Income Fund, Inc.—
From,
earned
income

Southwestern

4-10

Transit

-

5-15
6-12

r

B-15

$1.25

Potomac

United

5-15

1

Co.—

8-14

Southwestern Life Insurance

1

;

4-15

,

1/

7-

-

"

75c

6-15

4-10

1

22%c

:

4-3

6-1

(s-a)

3

4-

.

5-1

$1.06%

(quar.)

(stock dividend)
'

com.

9-15

1

5-

Corp.,

$1.25

55-

preferred
(quar.)—

$1.25

$1.07 y4
95c

Rubber

United

4-16

6-

35c

5-1

35c

(quar.)

1

—*__

(quar.)
3.60%"pfd. (quar.)

1

2614c

__

37y2c

(quar.)

preferred
preferred

5-

97 %c

S.

Utah

(quar.)

1

S.

,

Railway Co.—

1

1-2-54

6-

5-

20c

$1.10

25C

5

Electric

&

(quar.)..
(quar.)

Co.

4-

5

(quar.)——

5-

8-%:jnon-cum.

U.

4-22

4-30

4-

25c

62%c

-

1st preferred (quar.)
*
$2
Spring & Bumper Co., common (quar.), V
20c
fc%.% preferred (quar.)
56V4c
U. S. Vitamin Corp.
(quar.)
'
10c

4-

J45C

3-20

U.

4-30

*

2

5-15

34 %c

(quar.)**

5-

30c

(quar.)

^tock dividend
6%"" preferred (quar.)

United Steel

(quar.)

4-15

4-29

4

4-30

37 %c

1

5-29

28c

quar.)

Gas

Radiator

S.

4-15

5-

5-14

5-

28 %c

(quar.)

preferred

U.

-

c'

4-30

Inc.

4%%

Co.

4-21

-

.

5c

(quar.)

Lines Co.,

Potash

,

(quar.)

(quar.)

Indiana

4.80%

S.

.

6-

$1

Pneumatic ' Scale,
Ltd.—
Porter (H. K.), Inc.
(Mass.)

Pittston

U.

4-21

3c

(resumed)

^Hoffman Machinery, 4(4% pfd.

U.

^

' 4-1$

"

1

5-

!

v_—

Publishers

&

6%-'preferred

6-30

—_

Printers

'

1

4-15

;

Works

U. S. "Fire Insurance

,

4-30

5-15

Dye

7

6-30

1

15c

(quar.)
United Shoe Machinery, common(quar.)

Co.—

(quar.)_*—

Edison, com.
(quar.)-**.

(increased

—.*_**_**—

(quar.)

5-

Southern Canada Power Co., Ltd.—

7-

6-12

United

8C

Inc.-.

6%
preferred
(quar.)
Southern Calif. Water, 4y4%
5%% convertible preferred

10-

1

Works

preferred

1-2-54
7-

4- 1

4-10 "*

38 %c

preferred (quar.)
California Petroleum—

Southern

Common

.

(stock dividend).

4-30

35c

3-31

1

22»/2C

(quar.)_

&-Platinum

Sugars,

California

4.56%

35c

1

Bend

4.48%
5-15

4-30

50c

20c

Southdown

1

3-31

United-Piece

31 %c

preferred A (quar.)
convertible preferred

1

1

4-30

.•

25c

...

investment lncbme)

'

U.

convertible preferred (quar.)*
Sonotone Corp., common (quar.)*——

6-

6-

1

-:

90c

6-

6-

5-

f25c

■

5-15

4-28

;

Co.—

(A.

$1.10

$1.06

5

J50c

(quar.)

com.

(quar.).
(quar.)—**.

O.)

Aircraft

6-15

6-

,*»

Paper Mills, Ltd., common.

preferred

4%
Smith
'

92 %c

—

5%

1

$1.55

—

preferred
preferred A

4-15

5-

South

._——

5%%

10-24

5-15

62 %C

(quar.)

(quar.) *
(increased quar.)*
Permanente Cement Co. (quar.)
1.
Pheoll Mfg. Co. (quar.)——
,***.
Philadelphia Dairy Products
$4.50 1st preferred (quar.*)
$4.50 1st preferred (quar.)
$4.50 1st preferred (quar.)—
;
$4 non-cum. 2nd preferred (quar.)
$4 non-cum. 2nd preferred (quar.)
$4 non-cUm. 2nd preferred (quar.)_—-—
Philadelphia Electric, 4.40% pfd. (quar.)—
4.30%
preferred, (quar.).3.80% preferred * (quar.)
Philip Morris & Co., 3.90% pfd. (quar.)——
4% preferred (quar.)
Phillips-Jones Corp., common—.
*_
5% preferred (quar.)*——
Pittsburgh Plate Glass Co
Pittsburgh Steel Co.—
Common

11-15

Ltd.,

65C

75C

(quar.)
(quar.)

Corp.

Co.

Co.,
Smith (Howard)

7-25

$1.06%

series F' (quar.)

preferred
(quar.)—
National Bank' (Brooklyn)

'

8-15

Oil

Sinclair

Increased

Perkins

•

(N.)

Co.—

series E

Pennsylvania Power

Slater

12 %C

series B (quar.)
(quar.)
_——
series D (quar.)*—

preferred
preferred
preferred
preferred
preferred

4-25

57 %c

—

3.70%

5-15

*$1.50

.

-

(quar.)
4.60%
preferred
(quar.)_
5%
(quar,)—
preferred
The above issue is being called for re¬
demption on June 1 at $53.50 per share.

'

Oil

*75c

(quar.)

6%
preferred (quar.)
Penn Fruit Co., common

Pennsylvania Electric

Skelly

32 %c

(quar.)—

Ltd., common

10-24

32V2C

—

7-25

11-15

32 %C

—

8-15

33C

—

preferred (quar.)
preferred
(quar.)—*
$1.30 preferred (quar.)—

r"

7-

7-15
*

'

$1.32

'f

5-14

(initial)—

United Continental Fund shares

r

-

5-14

12

'2C:2.'r

5-

Fund

5-15

1

6-

7-15

87V2c

40c

—

'•:*

Umted Cigar-Whelan Stores'—

'(quar.")__

^

6-

,

America, com. (quar.)
1
50c
$4.50 preferred (quar.)__:—_—_________ V $1.12V2
UiUted Bond & Share, Ltd.-(s-a)__
J
*35C

l!

4-10

9

6-15

$1.12%

of

preferred

»

'

92%c

"

5-

—*;

*

6-19

1

$1

$25c !

—

1

7-

"

-

,

6-19

7-

$1.12%

$1.50

(quar.)
(quar.)

common

(quar.)—*

Co.

1

6-30

25c
'

.

5

8-

11- 5

12V4c

(quar.)
Missouri—

of

Co.

5- 5

8-14

11-16

37y2c

Co.

f 25c

preferred

Power,

3-27

$3.50

_

5%

Pacific

$1

Rubber

Uiiitied Air Lines,
*

Corp.

fquar.)____.
preferred (quar.)

common

&

5-15

25c '

$3;70„,preferred (quar.)__^___
$3.50,preferred (quar.)__*

4-14

5-

Co.,

convertible

Union

—

25c

$4.50 preferred
(quar.)_z
$4^preferred (quar.)

-

4-20

25c

*

,

4-15

Common

.

1

v"

—

Asbestos

■,

4-10

.

~

•

*

CJniowiElectric

•

4-10 *•

1

7-

5-15

10c

.

5-14

5-25

8-15

33c

6-

4-27

5-15

11-15

1

12c

40C

,

1

5-

Uhion

$1.06%
$30c

25C

25C

6-

6-15

31 %c

(initial)

com.

.

8

Insurance TDailas, Texas)—

*

Twin~Ooach

5-14

**_,—_*>

25c

.,

1

25C

,

4%
preferred
(quar.)
Sherwin-Williams Co. of Canada, Ltd.—

4-15

25c

4-27

6-

50c

.

of America (quar.)——*—
Sherwin-Williams Co., common (quar.)

8

5-

Co:

Quarterly

Sharp & Dohme, Inc., $4.25 pref. (quar.)**
Shawinigan Water & PoweF Co. (quar.)

4-24

$25c

$1.07%
;

(quar.)*

Shares, Inc.—(From investment income)

Sheraton

preferred

Quarterly

Selected American

7%c

Corp

(Del.)

preferred (quarf)*_.
***********
Security Insurance (New Haven)
(guar.)

22 %c

Davis

Electric
Oil

preferred

$1,510
91 %C

5%

(s-a)

Parker

4.30%

5-15

4

;

v

(quar.)__
(quar.)
Co.
(quar.)

Securities Acceptance new

6

30c

_,

Manufacturing Co.—
preferred
preferred

Co.,

Quarterly

(quar.)

preferred

4-15

1

8-

4-27

4-30

5-1

6-

27 %0

4-27

5-29

5-15

$1.14

27 %C

4-27

6-15"

60c

(quar.).:

6%% preferred A (quar.)

5-15

25c

62V2c, "

6-18

6%%

5-15

4-10
4-20

5-15

Schwitzer-Cummins

5-15

1

1

4-27

30c

>

5-

4-30

6-

4-27

Co.—

'

4-10

$1.06y4

4-27

preferred A (quar.)—;
Paper Co.—

>

5-13

1

(quar.)__-

5-15

<#Trane

5-13

3

4-

5-15

50c

6- 3

6-25

5-15

—

4-21

5-11

5

4-28

(quar.) __;
:
Tranijeiontinental Gas Pipe Line Corp.
$2.5& preferred (quar.)

B

5-15

4-30
6-

25c

Schenley Industries, Inc.

—

6

17y2C

4-15

A

6-

;

1

class

4-27

4-15

common

5-

Class

Ltd.,

4-24"

1

5-12

15c

(quar.)
(quar.)*_
preferred (quar.)_,

4-15

Co.,

,

1

6-

preferred

1

&

6-

6-

5-1

$1.14

5-

Scarfe

Edison

1

5-

;

Thomaston Mills

7-

4-15

6-15

>

$1

Mfg., common

25c

5-

$125

'

(quar.)___

$2.50

$1.10

—

(quar.)—

4-28

$1.25

1

(quar.)

common

4-20

'

:

preferred (quar.)

6-

Co.,

preferred series A

4-20

2

5-15

15c

proprietary interest—

7-15

Paper

,

1

35c

/'

1

1st

2

7-

35c

(quar.)

Trust—*

convertible

Co.;

7-

12-

$1

(initial)

common

Oil

1

Regis

1

9-1

1-2-54

27c
?5c

(quar.)___—

6-

$4.40

6-

1

20c

(quar.)__

Bros.

Thatcher Glass

6-

$1.25

4-17

7-1
10-

20c

shares

preferred

Thalhimer

(quar.)
(quar.)

4-15

4

50c

Texas Power & Light, $4

'

4-15

4-30
5-

*4c
fs-a;__^

;;

Inc.,

of

Subsidiary

4-10

1

CertWicates

•

6

4-30

30c
25c

50c

preferred

Land

6

12V2c

Ltd.

Mines,

TexawrPacific

5-

5-5

50c

common

Coal

5-

6-5

Texa^'Electric Service, $4 pfd. (quar.)
TexaSMGulf Producing Co. (quar.) _________
Texaf*Pacific

5C

50c

Co.,

4.38% convertible

4-20

1

5-7

$1

quar.)

preferred

1

6-

6-11-^

6-1

+2c

Mines,

Tech-Hughes Gold
Technicolor, Inc.
•

5-15

1

15c

—

preferred A
preferred A

6-

6-15

$$1.06%

—*_**«_

5- 7

27%c

___

2
4%

j

4-10

6-20

50c

Taylor & Fenn
<

,4-15

•

5- 1

;

Gold

Extra

;

10-15

1

30c

(quar.)

(Increased

TaloBv^Iuo.,

4-14

15c

,

Co.,

6ylv»oite

1

4-28

$5

common

<Se

Quarterly
Quarterly

$1

$1.18%

(annual)*
Co.,

31 %C

& Co. (quar.)—
w
Drilling Co. of Canada, Ltd—
Peerless Casualty Co.
(New Hanip.) (quar.)
Peninsular Telephone Co., new com. (initial)
$1 preferred
(quar.)
$1 preferred (quar.)
>■-;■■■■
$1 preferred
(quar.)
——
$1.32 preferred (quar.)
—

Parke,

6-

Swift

^

7-15

11-2

5-

■

4-15

297-1

(quar.)

31 %C

common

preferred
non-cumulative preferred

$1.02%

convertible 2nd preferred

Inc.

1

,

$1.12%

common (quar.)__
(quar.)

6-

Corp.

non-cumulative

5-15

(quar.)

pfd.

A

8-

65c

(quar.)_
(quar.)___

A

Biscuits,

4-16

1

SI

pfd.

34%C

(s-a)—
Co.,

Sheraton

4%%

Co.—

1

class

5-

$1

6up«ipr Separator Co., common
6%-- preferred
(quar.)—
Superior Steel Corp. (quar.)

4-22

6-

4y2 %

Co.,

^5-1,
*

$1

*

37 %C

(quar.)—
Corp. (stock dividend)—
Co. (quar.)Pacolet Mfg. Co., common (quar.)
5% preferred (s-a)
Transport

4-30

$1

4-30

;

1

5-

5-15

12'/2c

(quar.)—^

preferred

4-17

4-15

5-15

1

31V4c

7-15

3.65%

&

56»/4C

preferred

Oil

4-30

5-

40c

.

(quar.)

7-15

Co.—

Petroleum

1

5'

—

25c
25c

Co.—

2nd

Sunshine

4-22

—

Securities

(quar.)

5% %

5-

5

4-30

(quar.)
Spring Corp.

Electric

31 %C

Machinery

American

St.

6-

15c

5-20

$4
$1.25

Pacific Western Oil

Pan

7%d

(interim)
-

5-28

preferred

4V±U>.

5-

5-15

50c

(accum.)

37'/4c

Sunny...Oil Corp.,

4-10

1

4-21

$1

preferred

$1.30

4-20

5-

6-15

4-30

$5

(resumed)—
(resumed)
$4 non-cum. 2nd preferred
(resumed) —
Pacific Finance Corp., 5% pfd. (quar.)
$1.25
preferred
(quar.)
Pacific Gas & Electric Co., 6% pfd.
(quar.)
5%%
preferred (quar.)—————
5%
1st preferred
(quar.)
—.
5% redeemable 1st preferred (quar.)—**
5% redeemable 1st preferred A (quar.)„
4.80%
preferred (quar.)——---—
Pacific Lighting Corp.
(quar.)
—
Pacific Power & Light, 5% pfd. (quar.) —
Co., common

preferred

Package

1

W Fine

5

Pacific Public Service

5-

7- 1

50c

2nd

Sun

y

56c

(quar.)_____

$4*2nd preferred
(quar.)
Suburban Propane Gas, 5.20%

4-20

5-29

■

,

Co.

$4

9-15

1

of Rec.

6-12

Inc.—

$4

6-15

1

—

6-

Coast

1

5-

28c

Management

5-

1st

7-

10-

(quar.)

Foods, 4% pfd. (quar.)——__
Saguenay Power Co., 4%% pfd. (quar.)—_
St. Louis-San Francisco Ry. Co.—
5%
convertible preferred A (quar.)

5-15

1

<

93%c

*_*

Power

25c

6-

$5

8-18

$1.75

B

Royalties

6-

&

10

$1

Pacific

t

b-ia

1

$1.75

class A

Co,,

preferred

$1.25

(quar.)

1

Corp.

$1.25

preferred

$5

7-

10-

—

25c

Oxford

Co.,

50c

.

30c

preferred

(quar.)——•—
Outlet
Company (quar.)
Owens-Illinois Glass
Co.
(quar.)————Paper

Mills

preferred

4-15

90c

preferred

4-17

Holdert

Payable

37y2c

$1<J15, preferred

4-15

(quar.)

(quar.)
Rolland Paper Co., Ltd., common

1

$1.10

$3.60 preferred (quar.)—
,$4.40

:

1
1

$1.75

;»

—

5-

5-

B

4-15

1

6-10

37 %C

*

12 %C

$1.75

(quar.)

common

Light &

4.65%

5-15

*$1.75

common———.

Suburban

non-cum.

5-

*20c

—

(quar.)

Stubnitz-Greene

5-15 :

preferred series I (quar.)
& Pittsburgh Coal common

Class

4-15

Products, Ltd., com.

6-15

5-15

Rogers Corp., class A

4-15

5-

Quebec Ry.

4-21

1

Cement

Rockland

Rohr
5-

preferred

4-30

(quar.)

Furniture Corp. (quar.)
Corp.
(quar.) **__;
Strawbridge & Clothier, common (quar.)
Struttoers-Wells
Corp.,
common
(quar.)

5

Antelope Copper Mines, Ltd.

4%%

4-15

25c

Ontario

40c

Rochester

Inc.—
50C

Ontario Steel

Stouffer

4-24

5

preferred F (quar.)
4.10 %
preferred series H

4-20

&

Class

Stor«tne

4-15

1

*28c

4%

4-15

4-30

$1.12%

4-15

1

5-

Inc.

(quar.)

&

7-

Mills, Inc., common,
4.50% preferred A (quar.)
Rochester Gas & Electric Corp.—

4-28

4-30

A-(quar.)
B
(quar.)

Class

Otter

4-15

1

50c

4%

United

1

5-

20C

common

Qlin

Oliver

5-

25C

—

Electric,

&

1

5-

35c

P.)

6-

Bobbins

37 %c

(quar.)—

Co.

Gas

Roan

4-15

22 %c

(quar.) —

Co.

Co.

Okonite

4-15

1

20c

Co., 6% pfd.
(quar.)—

(Charles F.)

Noyes

1

5-

t$l

iquar.)

preference

5-

Ltd.—

Utilities,

5-

*25c

preferred

(J.

6-

Inc.,

Riverside

5-

10c

(quar.)

Northwestern

Stevens

50c

Brand

10c

B

4-22

Share

Stores

Textiles,

50C

Inc., common
33A% preferred
(quar.)

25c

Extra
Class

1

Rich's,

28%C

(quar.)——
class A (quar.)

5-

(quar.).

preferred (quar.)
2nd preferred (quar.)
2nd preferred (quar.)

1

4%2%

tlOc

—

1st

5-

4-22

Stern

J.)

1st preferred

5-

$1.50

—

1

of Company

Brothers

common

B

Rice-Stix,

4-30

20C
37 %C

fquar.)

preference

convertible

4.60%

4-17

Inc.—

Airlines,

Northwest

4-30

5-

25c

Tobacco, common (quar.)
(quar.)
Resistoflex Corp., 5% preferred (quar.)

25c

—

(quar.)——

common

Hampshire

New

of

(quar.)

com.

8-

40C

(quar.)

Co.

preferred

convertible

$1.50

Northern

Oil

Texas

Ltd.,

Engineering Co.
Renold Coventry, Ltd., class A

$3

•-

50c

Reliance Electric &

Class

Sterabyte

Insurance

$3.50

—

4-15

(quar.)—

25c

(s-a)

5-

preferred (quar.)
(Ohio) (quar.)—_*_

5-8

15c

—

adj.

Central

Fire

Sterchi

-

(Canada),

redeemable

5%

4-16

$1.26

(quar.)

30c

Norma-Hoffman

North

B

mime

5-14
1

When

Per

Payable of Rec.

50c

(quar.)—
preferred (quar.)

Corp. 5%
(C. A.) Co., class A

7-

$1.12%

preferred (quar.)—
Bearings Corp.— v
,
6% preferred (accum.)
.
North American Car, common <quar.)
52 convertible preferred
(quar.)
4%

common

Holder•

When

Share

Company

5-15

47 %C

—_______***.-*——-—-

(quar.)—
$4.50 preferred (quar.)
3% %
preferred (quar.)——
N. Y. Wire Cloth Co. (quar.)_
^Niagara Share Corp. (quar.)
Norfolk & Western Ry., 7% guar,

Name of

Reading Co.,

4-20

Reece

preferred

.4%%

1

5-

5c

Merchandise Co.,

Y.

N.

,New York State

Per

Holdert

Payable of Rec.

Share

Name of Company

Monday, April 27, 1953

J

•

4-16
4-20

4-17

5-1

*;

4-17

6-15

6- 5

9-15

9- 8

Number 5215

Volume 177

The Commercial and Financial. Chronicle

...

When

Per
Name of Company

Western

Share

RR. Co., com.

Pacific

5%

preferred

A

(quar.)_

5%

preferred

A

(quar.)

(quar.)—

8-

5%

preferred

A

(quar.)

5%

preferred

A

(quar.)_

3

11-

2

2-

1

$1.25 : -15-54"

8-1X

■

the

11-16

& Stationery—
preferred (quar.)

5%

$1.25

5V2%
White

Whitman

1

5-

1

$1

5-

1

177,

(quar.)
& Sons,

(Clarence)
Co.

Winn

—■____—

Lovett

&

Bankshares

Wisconsin

Electric

Power,

-

.__

common-.

Wisconsin

Investment

of

income

net

Power

Wisconsin

Puoiic

&

Boats,

(Wm.j,

5-

8

complete

6-

5-

1

7-15
5-15

Jr.

5-15

Consolidated

7-15

5-

7

4-24

50c

6-

1

4-20

25c
25c
25c
25c
20c

5-

1

4-20

6-

1

5-20

7-

1

Fields

8-

1

Including

1

5-14

4-30

4-18

4-30

and

March

31—

1952

1953

$2,589,857

general

ar.d

development

$2,605,491
1,589,523

322,479

291,063

$675,842

$724,905

expenses-

income

,•!

income.

46,173

Miscellaneous

51,428

$722,015

$776,333

1,500

Total

Interest

2,940
23,136

deductions

bonds

on

Depreciation
Provision

and

and

for

bond

Fed.

inc.

and

27,104
85,780

expense

amortization

___

excess

l;-;*

Earnings
—V.

4-15

5-U,

4-15

t

4-

7

5-

1

4-

7

$3,266,944
3,895

$2,752,120 $10,091,433
3,324
11,602

$9,500,039

$3,263,049

(net loss)

share

per common

177,

$244,125
$0.80

(on 237,592 shares)

725.

p.

Kings County Lighting Co.—Earnings—
Period End. Mar. 31—

Operating

1953—3 Mos.—1952

revenues

$2,748,796 $10,079,831
796,279
3,442,980

$9,483,344
3.921,841

div.

$5,306,054

Balance

for

♦Earns, per
♦Based

16,691

—at

■

$1,952,517

$6,636,851

$5,561,503

131,250

936,111

198,335

stk.

$2,021,188

share.

$5,700,740

$5,363,168

$1.19

$1,28

$0.42

com.

com.

shares

on

outstanding

taxes

1,268,656

1,303,770

4,508,537

4,295,642

$309,310

$294,368

$797,517

$983,307

$1,821,267
$0.43

in

March 31

at

each

1681.

p.

year.—V.

177.

;

Louisiana Power & Light Co.—Preferred Stock Offered
—Blyth & Co., Inc., headed an underwriting group that
offered on April 23 60,000 shares of' 4.96% cumulative
preferred stock ($100 par value) at $102% per share,
to yield 4.85%.
The group won award of the stock
April 21 on a bid of $100.26 per share.
Other

bids

on

from:

Union Securities Corp., $100.83 for a 5%
dividend; W. C. Langley & Co. and First Boston Corp. (jointly), $100.26
a
5%
dividend; Equitable Securities Corp., $100,429 for a 5.08%
rate; Kuhn, Loeb & Co., $100.21 for a 5.087®
rate; Kidder, Peabody
& Co. and Merrill Lynch, Pierce, Fenner & Beane
(jointly), $100.40
for a 5.12% rate; and Lehman Brothers, $100.2599 for a
5.12% dividend.
came

for

The new preferred stock is redeemable at prices

ranging from $106.75
share prior to May 1, 1958 to $104.25 per share after May 1, 1963.

PROCEEDS—The net proceeds, together with other funds, will be used
by the company to retire 60,000 shares of $6 par value preferred stock
presently outstanding and redeemable at 110% and accrued dividends.
Concurrently with this sale, Louisiana Power & Light expects to 8611
1,800,000 shares of common stock to Middle South Utilities, Inc. lor

$5,278,949

&

985,611

$2,277,438
256,250

requirements-

cash, and to transfer
capital stock account.

common

$1,598,138

exp.

deductions
income

$7,000,000

1953—12 Mos.—1952

$1,577,966

Operating

income

—i

Net

424,711

$0.77

taxes

Operating income
Non-operating inc. (net)

5-

income^

income

Income

per

7-10

5-

81,421

370,655
$236,976

profits

4-10

7-31*.

t20c
t31*Ac

Other

manufactures

amplifiers

magnetic

7-20

6-

5c

-

also

company

6-20

20c
37Vic
37Vic
50c

Zeller's, Ltd., common (increased quar.)
5%
preferred (quar.)

Other

.

50%

_

instruments,

Profit before other

4-15

1,

!

—

The

1,591,536

4-lft

1

1

dividend)—

(quar.)

Gold

5-

8"

—_—

Co.

people.

sales_,

Selling,

Mos.—19&2

1953—12

is

and

Keyes Fibre Co.—Quarterly Earnings—

4-30

5-

.

Gas

1,500

4-15

4-30

2 Vic

___

.;

(stock

than
electronic

more

3 Months Ended

Industries

:

County

1

$1.25
2Vic

(quar.)
Co. (monthly)

1944

automatic control systems.

1

30c

Co.

in

York

New

4-15

(quar.)

(Rudolph) Co.
Co., commonconv. preferred
(quar.)_
conv. preferred
(quar.)

Yuba

5-23

Net

Cab

6%

employ

6-

Wurlitzer
6%

4-20

7-31

—

Monthly
Monthly

York

4-30

in

a
large
producer
of
high
precision
synchros
and
resolvers.
The
company maintains plants in New York and California which presently

and

Monthly

Yellow

7-28

Corp.

Wood

Co.

W.)

(P.

Co.

common
1

Gar

see

Petroleum

Wrigley

5-15
4-28

4-30

(quar.)—,

—

(Gar)

Woolworth

dividends

established

was

1

8-21

4c

Light

Inc.,

Common

Woodley

Ketay corporation

6-

90c

from

Service

preferred

Wood

The

INCOME STATEMENT

1953—3 Mos.—1952

Operating
revenues
$17,039,561 $15,390,591 $60,101,540 $53,991,576
Operating exps. & taxes
13,772,617
12,638,471
50,010,107
44,491,5jgL

Pfd.

5-21

<

Wisconsin

Wizard

directors.

Co.—

interest

5%

4-18

$1.50

,

3.60%
Out

4-18

1

Morris
Ketay,
President,
on
April
20
announced
that
Lehman
Brothers had acquired an interest in this company. Frank J. Mannheim,
a
partner of Lehman Brothers,
has been elected to the
board
oi

4-25

1

5-

$1.50

preferred (quar.)
preferred (quar.)
preferred
(quar.)

6%

5-15

35c

(s-a)—

COMPARATIVE

Period End. Mar. 31—

Gross

25c "

(monthly)

V. 177, p. 1473).

(see

$5,050,000 bank loans which were outstanding at

—

25c
10c

_______

Grocery Co.

Wisconsin
6%

Interest

25c

(quar.)—___

13

share,

1581.

p.

20c

Oil

Quarterly

expired on April

per

.Ketay Manufacturing Corp., N. Y.—Lehman Acquires

Inc.—

Resumed
Wilcox

208,057 shares at $18.50

4-25

5-

25c
50c

of

6-11

.

5-15.

34%c

(quar.)—

common

which

13

Operating

4-17

17Vic

March

subscription rights to
—V.

4-17

preferred (quar.),—-___

Machine,

preferred

prior

-$2

„

convertible

Sewing

7-

$1.43%

record

the

and

55

1952 year end.

Co.,

stockholders of

Western Tablet

Wheeling & Lake Erie Ry., common (quar.)_
4%
prior lien (quar.i
White's Auto Stores, common (quar,)_______

&

Inc. and J. J. B. Hilliard & Son on April 14 publicly
offered 74,020 shares of common stock (par $10) at $18.75 per share.
This represented the unsubscribed portion of the offering to common

1

5-1

5-15

$1.25'
$1.25

■

construction

Kentucky Utilities Co.—Stock Offered—
Blyth

5-

5-15

$1.25

_____

—

Holdera

Payable of Rec.

75c

(1839)

The

bulk

these

of

which

program

will

funds

will

require

$2,000,000

earned'.surplus

from

/.

to
.

Into

go

the

expenditures

construction
in 1953 ftUd

company's

$11,400,000

of

$15,800,000 in 1954.
•Transfer books

tPayable

in

tPayable

in

resident

tax

x

Less

y

Corrected

closed

this dividend.

for

resident

15%;

British

Less

a

not

S. Funds, less
Canadian Funds,

U.

income

Jamaica

tax

1

>

Int.,

7%.

tax

Dr 3,311

833

39,102

27,345

income—______

Gross

$305,999

$295,201

$1,010,652

deductions—.

93,320

108,931

$836,619
364,948

.$212,679

$186,270

$471,671

$467,092

22,000

22,000

88,000

88,000

etc.

Income

tax.

dates

are

reported here.

income

Preferred

dividends

■

-•

%

■'

■

^T-.

*

v

■

♦Earns,

.

per

^

The

stock

Ready-3*--y

mortgage bonds Vh%

have

shares

and

—V.

177,

.625.

p.

.

-r

.

■'

offering

series,

April

due

April

on

1,

of

16

White,

by

1983

$8,500,000

first

number

stock

of

dividends

the June

16

Weld

quickly oversubscribed. See

was

&

Co.

■'

r

'

'

and

for

4%

bonds,

associates

Months Ended March

at

the

the

31—

-

Fed.

for

Prov.

taxes

income

& State

the

Net

profit
paid——

Earnings per

1952

$4,943,491
2,375,288
$1.56

—

-

♦Less
—V.

for

$270,000

177,

share.——

common

back

carry

1258.

p.

of

:

credit

for

9,018,387
*3,510,000

excess

$5,508,387
2,374,141
$1.74

increasing ithe

a

the

to
cash dividend

regplaf

outstanding by^ declaring
Stpck.

paid

for

in

cash

value.—V.

177,

June

on

on

Period End. Mar. 31—

Co.—

the

$1,696,961

deduc.-

1,336,542

Oper.

rev.

Net

operating

1953—12 Mos.—1952

$4,394,987

13,853

$288,608
2,426

income—______

$374,272

$291,034

$4,551,531

$3,492,611

Int., etc. & deductions—

89,472

42,577

'1,110,905

vk662,463

Other
5

income

Gross

Net

Pfd.

(net)

-

156,544

same

$284,800
$248,457
requirements for the period
,

Balance'——

Fractional

date

pay

at

1581.

p.

Jr.,

three

net

President,

months

1952.

profit

of

quarter

:

$1.08

was

per

were

an

all-time

common

1952."—V.

21 reported that "sales
$9,268,716, up 8%
from
high for any quarter.
share compares with $1.02

April

on

1953

of

This

in

Manufacturing

$3,440,626

'$£$30,148

561,683

"^561,682

177,

p.

176,

$#268,466

240.

p.

Kendall Co.

Co.

Youngstown, Ohio—New

1953

State

taxes

Federal

income

2,090,016
(est.)—

1,709,339

1,155,289

per

$769,203

$1.11

$0.91

share

common

allowance for

940,136

$934,727

profit

♦After

1952

$18,020,860 $15,485,321
taxes.

♦Earnings

-Earnings Increased-

Net

Mar.

taxes and

preferred dividends.—V.

176, p.

sales

Profit
Prov.

$24,303,000 $21,659,000

before
for

taxes

Fed.,

Net

profit
Earnings per
♦Includes
cents

per

income-

on

State

and

2,814,000

__

Canadian

inc.

favorable

share

on

share after pfd. divs

inventory

the

adjustment

common

stock.—V.

of

174,

"798,000
♦$793,000

$1.54

—

common

♦1,591,000

1,538,000
$1,276,000

taxes

$288,000 equal, to
p. 1497.
/, ,

Firstrquarter sales of glass, plastics and fiber glass by this company
set an ail time record, it was
reported by John D. Biggers, President,
at the
annual meeting of shareholders on April 21.
This, he said,
is 14%
higher than the previous first quarter sales mark, made in
1951, and 48% higher than the comparable period of 1952.
At the organization meeting of directors—following the shareholders'
meeting—Mr. Biggers was named Chairman of the Board and Chief
Executive Officer, and G. P. MacNichol, Jr. was named to succeed
as

President.

to

Kennecott Copper Corp.

(& Subs.)

1953
j

^1952

V---4&

5

♦Operating revenue
123,034,446 122_123,484
Operating costs—after adjust, for inventories—
77,064,865
3&231.378
Net operating income
tOther income
Total income

Depreciation,

and

and

has

Mr.

MacNichol

operating or other costs
charges and deductions

Provision for U. S. and foreign income taxes___
Consol. net inc.,

Earnings per
♦Sales of

tDividends,

(without deduc. for deple.)__
share (on 10,821,653 shares)

metals and metal




Executive

432,355

431,431

" 765,180

.

♦The

399,369

20,726,924

2*236,948

23,282,163

22,013,08:)

$2.15

$2.03

long-term debt due

1953

>30,347
11,342,500

1954

($1Q0

^

par

stock

(no

maximum

60,000 shs.
10,000,000 shs.

value)——_

pa,r

authorized

60,000 shs.
5,200,000 shs.

*

deed of trust .fs
$250,000,000 but issuance of bonds is otherwise limited by property
and earnings ratios and other provisions of the mortgage and deed
by

the

mortgage

and

trust.

UNDERWRITERS—The
firm

a

Blyth

&

Blyth

&

Stone

&

underwriters

commitment

Co.,

is

Inc.

to

below

named

severally

bftT*

all of the new preferred stook.
underwriter.

purchase

managing

the

'

Shares

Shares

Becker

G.

F.

S.

&

Co.

Co.__

—L____

Hattier & Sanford— 2,000
Howard,
Weil,
LabOuisse,

9,000
7,000

Friedrichs

Co.—_a.__^_ 1,500

&

7,000

Arnold

&

Lee W.

Carroll & Co

Baird & Co., Inc.

2,000

Foster

&

&

Bissell

Co

Hendrix

2,000

Meeds

2,000

&

&

Pacific

Crane—

—

&

1,000

Inc

Mayes,

Northwest

l,cn

Co

Rodman

&

Linn™,

—V.

Woolfolk

&

Shober

1581.

1,000
1,000

Marshall—— 1,070

Prescott, Shepard & Co., Inc. 2,000

177, p.

2,000

White,

3,000

& Co

Leary

Richards

Field,

Inc.—

&

Co

Moseley

Laird,

Riter

Co., Inc
.14,000
Webster Securities

Barrow.

Luria

1,0

0

50)

Engineering Co.—New Development—

balanced hangar

door which can be opened in 30 seconds or le ~
developed by this company, according to an announcement
by Burrell H. Tripp, Executive Vice-President.
Mr. Tripp said that the balanced door represents a new approi'h
to alert hangar door design and that the initial 16 of this type of dO'r
are
now
being produced at the company's steel fabricating plant In
Bethlehem, Pa.
/
•
~These doors will be used on the alert hangars developed by
company which are now under construction for the Uhited States M:
Force at Langley Air Force Base, Elizabeth City County, Va., and at
Wold-Chamberlain Airport, Minneapolis, Minn.—V. 176, p. 2165.
A

has

been

of this corporation with and into TEMCO Aircraft Com.
completed, and Luscombe will henceforth be known as t >
plant of TEMCO Aircraft Corp, Robert McCulloch, TEMCO
President, announced on April 15.
The decision to drop the Luscombe name completely, Mr. McCulloch
said, is based on the fact that TEMCO is rapidly taking its '
as
one
of
the
country's top aircraft manufacturers, and it is man¬
agement's desire to continue to build the name of TEMCO rather
than that of a deceased corporation.—V. 177, p. 1154.
The merger

has

been

Garland

Lynch Corp., Anderson, Ind.—Earnings—

Vice-President.

Star

Lone
The

Gas

stockholders

at

on

filed

22

on

par

With SEC—

Co.—Registers

April
covering a proposed
fefred
stock, cumulative,
company

of

$100

par

the

basis

registration

a

issue

183,300

value
of

one

shares

to be
share

of

statement with the
of convertible preoffered to common
for each 30 shares
Dividend rate and

common,
held of record on May 13,
1953.
conversion prices will be announced later.
It is expected that the offering will be underwritten by
investment houses managed by The First Boston Corp.
The

and
purchase,

company

production,
635,000

from

for

subsidiary

are

principally

a

engaged

group

in

of

the

natural gas to some
in east central Texas and northern Oklahoma.

consumers

Proceeds

available

its

the

distribution

sale

anticipated

will

be

additions

and

sale

of

to working capital and
property.—V. 177, p. 1369.

added

to

be

Long Island Lighting Co.—Financing Plans, Etc.—

**

products and charges for manufacturing,
and miscellaneous.—V. 176, p. 1266.

interest, discounts

been

had

been

,-2,093,839

in¬

cluded in

Sundry

46,175,594

2,150,089

retirements

expenses not

*283,488

47,355,787

___

corporate

44*92,106

1,386,206

:_

amortization

General admin,

45,969,581

9,900,000

$65,670

—*

Earnings per share

—

F.

K.

Zimmerman,

President,

1952

1953

3 Months Ended March 31—

Net earnings after taxes

on

April 23

$0.14

$155,217
$0.34

further announced:

research and
interruptio.-.

"Substantial expenditures incident to an accelerated
development program with which there were Concurrent

production schedules resulted in what is believed to be a temporal,
lag in earnings.
'
"Orders obtained for our various products are in excess of thorn
for the comparable period of last year and our backlog is substan¬
tially greater than at the close of 1952."
The directors have declared a dividend of 25c per share, payable
in

36

-Earnings'Incr.-

10,000,000

-

shareholders,

Mr. Biggers, said "the upward trend of
continuing for the past nine months,
and unfilled
orders continue at a high level."
Net earnings for the first quarter
were
$3,913,370—equal to 76 cents a share—against $3,453,619--or
67 cents a shale—in the same period last year.
Tax provision for the quarter was $11,611,000 compared to $5,976,435
for the same period last year.—V. 177, p. 1369.

sales

SEC

Quarter Ended March 31—

*

$15,452,000

Luscombe Airplane Corp.—Merger Completed—

*$0.94

~

Outstanding

* "

2531.

Libbey-Owens-Ford Glass Co.—Changes in Personnel
Announced—First-Quarter Sales Set Ail-Time Record—

Reporting

,'52

21/53

/

replacement.

sales—

and

'

*

■

1978

Corp.

truck, the first member of the Model SH Series, is built with
bearing wheels and raceways.
Caster capacity is 1,600 pounds.
has welded steel construction for long, trouble-free service.

Net

FINANCING

1980

value)
Common

The
ball

him

(& Subs.)

Twelve Weeks Ended-

$2,365,727 In
operating revenues
has paid
*.
from

company

PRESENT

TO

•

promissory notes due
4.96%
pfd.
stock, cumul.

940.

*'

-V.

The

,

EFFECT

1974

series due

Robert W.

and

GIVING

2%%

67,880

w

years

bonds—

due

Miscellaneous

Sales and

—

The vehicle

$3,424,731

$2,878,943

income-—

stock dividend

mortgage

series due

made

Net profit before estimated

$1,437,091 $19,613,387 $16,854,364
15,218,400
13,429,633
1,148,483

$360,419

rev

in,-

cash dividend
dividends 'are

1953.

9,

the

on

of

(James) Lees & Sons Co.—Earnings Higher—

-

1953—Month—1952

Operating revenues

a

Both

holders

This shelf truck, just introduced
by this company, is designed for
handling light packages without crushing or jumbling. The truck has
beeii
engineered without intermediate supports, eliminating obstruc¬
tions during loading and
unloading.
Shelves are removable for easy

Net

Gas & Electric

Kansas

;

authorized

shai^s.
5%
stoci^i dividend

Quarter Ended March 31—
r

3 %

taxes.

profits

went

company
the same

$24,115,081.

uninterruptedly since 1928;

series

A.

;w

vv;.

,

be

market

Case,

same

cleaning
Dividends

♦First
3%

Truck—

1953

3,870,000

taxes

declared

shares

period in

Leehaw

$57,255,485 $56,075,789

8,813,491

—

S.
first

same

Estimated

"r\

——

income

$0.86

Sessions Co., Cleveland, Ohio

&

177, p. 1680.

(& Subs.)—Earnings—

Sales——

Profit before

in V.

\

Johns-Manville Corp.
3

details

$0.87

of

George

Soldf—

For

to

Authorized

1474.

p.

approved

22

continued

will

1953

Lamson

for

102.2058%,

$0.37

177,

Earnings Higher—

mortgage

the

of

1952.

in

$18,673,021

CAPITALIZATION

$379,092

35 cents
per
share on
the
pommon
payable on June 25, to holders of record

,-it%»-

V:h'

Jersey Central Power & Light Co.—Bonds

$383,671

,

'

The

from

to 310,000

of

.

'

April

on

■

v

$164,270

$0.43

shares.—V.

from 210,000

directors

common

due Jan. 1, 1982, afg^ailable
for delivery in exchange for temporary bonds at The Chase" National
Bank of the City of New York, 43 Exchange Place, New YofSS* N, Y.,
and at Continental Illinois National Bank & Trust Co., Chicago, 111.
Definitive first

440,000

stockholders

common

The

Bonds

income

$3,139,174

3 Vi %

creased

Interstate Power Co.—-Definitive

share

com.

on

$190,679

(G. R.) Kinney Co., Inc.—Stock Increased, Etc.— /

(Continued from page 16)
■

stock™

:

Investment News

-

to

available

common

♦Based

General Corporation and

:

1948

increased

dividends

income

for
■■■

543,560

EARNINGS—Net
Net

Net

,.

"

BUSINESS—The company is one of four subsidiaries of Middle South
Inc. and supplies electricity and natural gas in northern,
southeastern, and eastern Louisiana.
Territory covered accounts for
46 of the 64 parishes in Louisiana.

Utilities,

tax.

payment or holders of record
published dates were incorrect.

Previous

'

Canadian non-residents' tax.
deductible at the source. Non¬

15%

Errol

W.

Doebler,

President,

told shareholders on

April

hopes

to

follow

the

forthcoming

sale

of

p.

1953.—V. 177,

10, 1953, to shareholders of record on May 25,

1258.

(& Subs.)—Earnings

Mack Trucks, Inc.

1,781,112
927,000

profit

—

-

Earns, per common share

(on 1,494,668 shares)

176, p. 1675.

,

/

.

1,517,667
807,507

$854,112
$0.57

—

Provision for Federal and Canadian income tax
Net

16W

$46,679,440 $36,732,125

sales

Profit before income taxes-

—V.

Up—
IftKO

3 Months Ended March 31

Net

$710,16t

.

.

$0A1
a

.

21 that the

$10,000,000 in
preferred stock by an offering of new common in the Fall, possibly
in the neighborhood of 600,000 shares, and to Offer in the latter part
of the year mortgage bonds aggregating about $25,000,000.
The balance
of cash requirements to finance the
$50,000,000 expansion budgeted
for 1953 will come from depreciation accruals and retained earnings.
This financial program, Mr. Doebler said, will take care of this year's
management

June

on

Madison Square
Period End. Feb. 28—
Net profit

after taxes—
Capital shares outstdg._
Earns, per com. share—
—V. 175, p. 422.

Garden Corp.—Earnings195J—3 M06.—1952

$117,030
660,400 '
$0.18

$134,526
660,400
$0.20

1953—6 Mos.
$271,953
660,400
$0.41

1952/

$309;4l£
660,400
$&«|

7

56

The Commercial and Financial Chronicle... Monday, April 27, 1953

(1840)

company's capital stock scrip certificates series D dated April 9,
1951, are redeemable at Guaranty Trust Co. of New York, at the rate
of $0.34206 for each 1/60 of a share.—V. 177, p. 1259.

Vfil remain unissued

treasury

in the

plans

"The company
tattling plant.

to

sales

overhead

sales,

of

'Cost

Provision

for Federal

Wet Income

^Earnings per sh. on
for quarter
paid

$2,603,033
3,142,754

$3,462,478
8,439,772

$0.77

$0.60

$0.50

$0.46

share—

on

National Container Corp.—To Open New
corporation,

This

the country's largest integrated manufac¬
containers, announced on April 23,

of

one

Plant—

turers of kraft corrugated shipping
will open

it

converting plant at Memphis, Tenn.

a

According to Samuel Kipnis, President, the new plant will be la
operation producing shipping containers within 60 days.
The new converting plant will be the company's 16th in a coast-tocoast chain. In addition, National Container operates five kraft board,

McCrory Stores Corp.—Plans Expansion—
meeting of stockholders held on April 22, R. F.
Chairman, announced that 1953 Easter business was equal
He pointed out that the coming year would be one
ftn which there would be heavy competition for the consumer's dollar
and that McCrory would get its share of the business.
BCr. Coppedge stated that the company's building program for the
*year revolved around the relocation of three stores, the largest of
•which was in downtown Brooklyn. He added that the company expects
Uto open two new stores in the latter part of 1953 or early 1954.—V.
3177, p. 1581.
annual

giant $25,000,000 mill near

pulp and paper mills and is now building a
Valdosta, Ga.—V. 177, p. 1475.

Doppedge,

"

of 1952.

inc.

1953—3 Mos.—1952

$3,709,035

taxes

aPl»f. for Fed. inc. taxes

2,017,971

first

$1,691,064
1,844,469
$0.92

-

quarter of

Earns, per com. share—

the

1953 over

April

company

changing the
into shares of

National Distillers Products Corp.—Stout a Director—
Stout, Jr., senior partner
of the investment
Dominick, has been elected a director of this
is also a Vice-President and director of

Varick

tion.

&

Stout

Mr.

writing

12 Weeks Ended—

Wfet Sales
Other income

Mar. 22/53

,

privileges

wiU

——

Total income
•

$26,003,078 $25,701,522

—

•Dost of products sold.Celling and administrative expenses
Depreciation and depletion—_—
^Interest and expenses on long-term debt

—

__

^Federal and State taxes

on

income—'

Wet earnings

—

^Earnings per common share now outstanding—

20,146,307
1,609,575
645,645
157,042
2,136,882

19,944,508
1,590,941
563,993
148,124
2,253,696

$1,307,627 *$1,195,260
$1.09
*$0.99

♦Hot including profit of $860,375 after related taxes,
mle of the plant at Manistique,
•aifliviclends.—V. 177, p. 413.

Mich,

resulting from
tAfter provision for preferred

.

of

firm

pleted in 15 minutes.—V. 177, p. 941.

Mar. 28, *53 Mar. 29, '52

Three Months Ended—

from

Provisions
Net

$2,744,970
458,210

$2,113,521

«

amortization

profit from operations
income

$2,356,133
242,612

$2,316,760

operations——
depreciation &

for

Dr41,993

12,129

$2,274,767

$2,125,650

1,559,300

1,46Q,8Q0

$715,467

$664,850

(net)

Total

be

used, together with other funds to be obtained from a proposed
of $40,000,000 of debentures, for the repayment of out¬
temporary short-term bank loans amounting to $48,000,000
and for construction of additional property and facilities to increase
system capacity. It is expected that the new debentures will be offered
for sale during June, 1953.—V. 177, p. 1051.

Northwest Airlines, Inc.—To Borrow from Banks—
This corporation on April 20 ordered six Lockheed turbo-compound
Super-Constellations, as the first step in its new fleet expansion pro¬
gram to take care of rising passenger volume and proposed route ex¬

tensions.
General Harold R. Harris/President and Chief Executive Officer ot
Northwest, said that delivery will be made in 1954 and early 1955.
To finance this initial fleet order,
Northwest Airlines has entered
Into a credit agreement with a group of 14 banks for a $21,800,00®

loan.

which Northwest has entered into the credit agreement
Trust Co. of New York; The Chase National Bank of
City; The National City Bank of New York; The First Na¬
tional Bank of Chicago; The First National Bank of St. Paul; First
National Bank of Minneapolis; Northwestern National Bank of Minne¬
apolis; Mellon National Bank & Trust Co., Pittsburgh; Seattle-First
National Bank; First Wisconsin National Bank of Milwaukee; Harris;
Trust & Savings Bank, Chicago; The Pacific National Bank of Seattle:
Peoples National Bank of Washington, Seattle; and the United State®
National Bank, Portland, Ore.
The interest rate is 4 %, with a standby charge of Va of 1%
for
Banks

-

Net

The company on April 15 filed a registration statment with the SEC

of $8,000,000 of first mortgage bcmda, due 1983,
sale at competitive bidding.
financing program is designed; to make $19,for construction purposes.
Of this amount, it is
"t/J expected that $8,000,000 will be provided from, the sale of the hew
Sends, $3,250,000 from the sale of 32,500 additional shares of comenon stock to General Public Utilities Corporation (parent), $4,200,000
3K*<Hn bank loans, and the balance from 1953 operations.The SEC has Issued an order giving interested persons until May
T, 1053, to request a hearing upon the financing proposal of this

—V.

-

profit
177, p. 414.

-

Bankers

York

company's
300,000 available

the loan.

credit not taken down on
be

paid

the agreement,
in full.

the present loan amounting to

Final repayment of the

stockholders at

1953

aoompany.—V. 177, p. 1681.

the recent

Meeting Date—

annual meeting

approved an amend¬
changing the date of the annual
meeting from the second Wednesday to the fourth Thursday of April.—
the

to

ment

bylaws of the

company

V. 177, p. 1370.

Nyson Oil Corp.—Transfer Agent and Registrar—
agent

common

and

registrar

C'0.

for

of

New

York has

350,000 shares

of

been appointed

the

10

cents

Tills system, it was
authorization
to

April 22, has applied to the SEC
common
shares
(828,516)
to
the holders of its outstanding common shares on the basis of one new
share for each 10 shares held of record, such offering to be under¬
written by means of competitive bidding.
Net proceeds will be added
to the general fund3 of the company and applied in furtherance of the
construction program of its subsidiaries, either through advances or
purchase of additional shares of their capital stocks.—V. 177, p. 1682.
announced

for

offer

on

additional

C.

of

Fitkin

this

has

elected

been

Fitkin

Mr.

company.

President

is

also

and

Chairman

President

of

the

and Chairman

mH the Board of NatioffaT"Gas & Oil Corp., operating oil and gas propn 111 Iff in Ohio.
In addition

to Mr. Fitkin, the

following

were elected

to the Board:

William S.

Kies, Jr., partner W. S. Kies & Co., New York; David H.
WSraeer, President, Battle Creek Gas Co. (Michigan); William C. MacDines, Vice-President, Stone & Webster Service Corp.; Neil DeYoung,
Investment

-

banker

of

Oklahoma Gas &

Electric

Co.

—

Stock Offered—The-

is offering its common shareholders of record
April 16, 1953 rights to subscribe to an additional 241,195
common shares (par $10) at $24.50 per share on the basisone

share for each 10 held.

Subscribers will also have

the

privilege of purchasing, subject to allotment, any
shares not subscribed for through the exercise of war¬
rants. The subscription offer will expire at 2:30 p.m.
(CST) on May 5, 1953. An underwriting group headed
by Merrill Lynch, Pierce, Fenner & Beane will purchaseunsubscribed shares.

any

PROCEEDS—The net proceeds from the sale of these shares will,
be used to prepay, without premium, $3,500,000 short-term bank loans,
made by the company this year to finance
construction
to

be

program

incurred

and
for

to

pay

part

additions

and

Dorp, had been entered into with respect to the company's operation.—
W, *75, p. 518.

Middle

South Utilities,

Inc.—Rights Expire April 28
issue of April 13 of the
offering to common stockholders of record April 8 of
-475,000 additional shares of common stock (no par) at
3$23J25 per share on the basis of one new share for each
14 shares held with an oversubscription privilege). This
coffering is not underwritten. Rights will expire on
jApril 28. Further details follow:
—Mention

in

made

was

our

BUSINESS—The

company was incorporated in Florida on May 27,
3949, In connection with the consummation of the Plan for Compliance

Jby Electric Power & Light Corp. with Section 11 of the Public Utility
^Holding Company Act of 1935. The company is a public utility, holding
nsompany and neither owns nor operates any physical properties.
Arkansas
Power
&
Light
Co.,
Louisiana
Power
&
Light
Co.,
-Mississippi Power & Light Co. and New Orleans Public Service Inc.,
the

System operating companies and with the company comprise
"the Middle South System.
The System operating companies furnish
♦riectric service to more than 1,700 communities and
to extensive
jarural areas,
in the states of Arkansas, Louisiana and Mississippi,

.wane

service
service

in

to

the

than

more

city

50

communities

of New Orleans

■ang^regate. population

of

the

and

CAPITALIZATION GIVING

-

^Common sfocfc (no par)
Vcc further

Louisiana

and

Authorized

Dale
to

an

B.

Otto

has

elected

been

President

and

service

in

241

communities

and

contiguous

rural

director, according
Abrams, Jr., Chairman of the

announcement today by James S.

Board.

in Oklahoma and western Arkansas
having an esti¬
population of 942,000.
The company also furnishes electric
energy at wholesale for
resale in 11 communities and to 13 rural
electric cooperatives in those states.

EARNINGS—Net income for the year 1952 totaled $5,706,889, com¬
pared with $4,960,403 for the previous year. Per share earnings were*
$2 in 1952, as against $1.69 a year earlier.

The

„

..,7,500,000shs.

mortgage bonds—

Series due Feb.

as.

new

members of the board

are

Alfred

Lee Loomis of

York City and James J. Mitchell, Jr. of Philadelphia.
Mr. Otto was formerly Vice-President and General Manager of the
County Gas Co., Atlantic Highlands, N. J, which bought the gas divi¬
sion of the Jersey Central Power & Light Co. in June, 1952 and formed
the present New Jersey Natural Gas Co.—V. 175, p. 2380.

New

New Jersey Power & Light Co.—Plans Financing—
company, It was announced on April 15, has applied to the

The

for

authorization

issue

to

and

sell

$5,500,000

of

first

mortgage

bonds, due May 1, 1983, and to make bank borrowings of $3,545,000
on its unsecured notes;
and the Commission has issued orders giving
interested persons until April 28. 1953, to request a hearing with
respect to the proposed bank borrowings and until May 1, 1953, to
request a hearing with respect to the bond financing proposal.
Proceeds of the issuance

Preferred

10,000,009
17,500,000

4%

of the bank

notes

are

stock—

cumul.

(par value $20 per share)
5Vt% series (par value $109
per share)

Common stock
amount

(par value $10 per sh.)
authorized

under

Merrill

Lynch,

Fenner &

Pierce,

Beane

Curtis
—V.

York

Wire
on

Cloth

Co.—Stock

Offered

—

preferred
P. 1582.

more

stock

5%

than

and

to

in

ex¬

authorized?

Laurence M. Marks & Co.

29.10%

7.05 %•

F. S. Smithers & Co

4.97

Goodbody & Co
Shuman, Agnew & Co._
R. J. Edwards, Inc

4.15

2.07

9.54

177, p.

1682.

'

2.4®

Honnold & Co., Inc

9.54

H. I. Josey & Co

2.07

Henry Herrman & Co

0.83

I

2.07

The corporation
SEC

($1
to

on April 13 filed a letter of notification with the'
60,000 shares of common stock to be offered at par
share), without underwriting.
The proceeds are to be used?

covering
per

purchase

equipment.

Pacific Airmotive

working capital.

At a later
be used to pur¬

a maximum of $43,450 may
$110 per share 320 shares of the company's
75 shares of 6% preferred stock.—V. 177.

-

Newport News Shipbuilding & Dry Dock Co.—Wood¬
ward also Chairman—

company, iB-posfche

held forthe last>seven'years.—V.

unlimited

company from sale of the 4,653

date it is anticipated that

chase at not

is

Ores, Inc., New Plymouth, Ida.—Files With SEC—

April 21 offered publicly 11,300 shares
The

offering consists of 6,632 shares being sold by an indi¬
vidual and 4,668 shares being sold by the company.
PROCEEDS—The net proceeds to the
shares will initially be added

65,000 shs.
2,653,140 Shs.

3,581,000 shs.
indenture

Alex.

of $1 par common stock at a price of $15 per share.

common

the

UNDERWRITERS-o-The
underwriters
named
below
have
severallyagreed to purchase from the company, In the respective percentages^
forth below, such of the 241,195 shares of common stock offeree!?
hereby as are not Issued upon the exercise of subscription warrants,

White, Weid & Co—

Brown & Sons

675,000 sh&

set

part, the company's construction program.—V. 175, p. 423.

of

675,000 shs.
1240,000 shs.

pressed amount.
The present maximum amount of bonds
by the shareholders is $200,000,000.
^Issuable in series.

to be

applied to the
notes
maturing

*

12,000,000

Cumul.

$3,545,000 of
outstanding!! unsecured
May 14, 1953, which notes were issued in connection with the com¬
pany's construction program. Proceeds of the bond financing are to
be used to repay $3,545,000 of short-term notes and to finance, in

New

$35,000,000

l, 1979, 3%
May 1, 1980, 2?a%
Series due March 1, 1982, 3%%

Kuhn, Loeb & Co
16.58
Eastman, Dillon & Co.___
9.54
Paine. Webber, Jackson &

payment

Outstanding*

1, 1975. 23i%_

Series due June

•The

SEC

FINANCING

Authorized

Series due

Also elected

and .sub¬

territories

mated

♦First

a

J. B. Woodward, Jr has been elected Chairman of the board to fill
Outstanding
the vacancy create-by the death of Homer L. Ferguson. Mr; Wood¬
7,125.000 ans,* ward/has also been re-electd 'President of the

details, see V. 177,p^i581>-V, 177, p. 1681.




transit

4,000,000.

EFFECT TO PRESENT FINANCING

^

..

in

adjacent communities.

territory served is nearly

part of itsincurred
physical

of the expenditures
betterments to the

BUSINESS^—Company is an' operating electric utility furnishing retail,

electric
urban

Grand

Rapids, Mich., and H. A. Sebald,
DoWwater, Michigan, Vice-President and General Manager.
It was announced an advisory contract with Stone & Webster Service
an

value?

company

CAPITALIZATION GIVING EFFECT TO PRESENT

New Jersey Natural Gas Co.—President Elected—
"Willis

trans¬

par

stock.

properties of the company.

New England Electric System—Financing Application

Michigan Gas Utilities Co.—President Elected, Etc.—
TBoard

$6,300,000 will

loan will be Dec. 3L 1959.—V .177, p. 1379.

Norwich Pharmacal Co.—Annual

and

registration

$0 be offered for public
The

with

are:

New

temporarily

Metropolitan Edison Co.—Registers With SEC—

'

^seeking

on

be

standing

of

(& Subs.)—

National Malleable & Steel Castings Co.

Provisions for income and excess profits taxes—.
;

special offer¬

Dillon & Co. at $31 per share with a dealer's com¬
mission of 50 cents per share.
This offering was com¬

Other

May 5. The subscription price and under¬
supplied by amendment.
Over-subscription
to be available to stockholders; and unsubscribed shares
to

corpora¬

man,

Profit

are

are

issue and sale

ing of 28,750 shares of common stock (par $5) was made
on the New York Stock Exchange on April 21 by East¬

Mar. 23/52

$25,922,518 $25,576,934
80,560
124,588

-

shares held

terms

The United States Trust

National Lead Co.—Special Offering—A

(& Subs.)—Earnings—

(The) Mead Corp.

With SEC—

filed a registration statement with the SEC on April 15.
1953, covering 598,100 shares of its $10 par common stock, to be offered
for subscription by existing stockholders at the rate of one new share

fer
♦

177, p. 1475.

National

1682.

p.

Maryland, and now maintains a chain
After giving effect to the latest acquisition,
receivables are in excess of $2,600,000.

loans

The company

of the Dominick Corp. of Canada.—V. 177,

Shares Corp. and a director

—Y, 177, P. 941.

American's

Northern Natural Gas Co.—Registers

Under

Dominick

this

far

North

The

$4,836,370
1,844,469
$2.62

Finance

offices in five states.

—V.

A stockholder proposal for cumulative voting for directors was over¬
whelmingly defeated.—V. 175, p. 1481.

1953—9 Mos.—1952

$5,164,784
1,844,469
$2.80

on

of the

sales

proposed amendment to the charter was approved,
company's common stock from shares without par value
$10 par value.

$3,099,154 $11,287,244 $10,678,147
1,703,404
6,122,460
5,841,777

$1,395,750
1,844,469
$0.76

unit

A

A.

Wet profit
Doa, shares outstdg.

and

16 told stockholders that total
showed a good increase in the
the same period in 1952, and profits were

President,

Stewart,

E.

American's

Thus

higher.

McKesson & Bobbins, Inc. (& Subs.)—Earnings—
Period End. Mar. 31—

Wrsftt before

Changed—

National Dairy Products Corp.—Par
E.

dollar

of business of the North American group

Co. operates one large central city of¬
under the Liberty Finance Corp.*
wholly-owned Maryland subsidiary.
year,
North American has expanded operations In

&

Loan

be offered to employees up to 10 shares per employee.
Net proceeds of the stock sale (estimated to approximate $20,000,000>

and underwriting terms are to
be supplied by amendment.
& Co., Inc., and Merrill Lynch, Pierce, Fenner & Beane are
as the principal underwriters.
Net proceeds of the stock sale will
be applied first in payment
of $5,250,000 of notes payable to The
National City Bank of New
York, and the balance will be used for 1953 construction expenditures.
—V. 177, p. 1682.

that

April

on

of

Connecticut, Pennsylvania and

named

shares sold.—V. 177, p. 725.

to that

Co.

fice in Baltimore, It will be continued

price,
Biyth

by Goldman, Sachs & Co., at $30.25 per share, with a
The offering
withdrawn at the close of the market with 5,791

the

company

announced

assets and small loan business of the
Baltimore. Md. The acquisition will

the

are to

April 15 filed a registrtaion statement with the
SEC covering 293,108 shares of its common stock, $5 par value, to be
offered for subscription by stockholders on the basis of one additional
share for each five shares now held.
The record date, subscription

was

At

no

177, p. 1474.

The

dealer's commission of 75 cents per share.

ABC

for each five

.

Montana-Dakota Utilities Co.—Registers With SEC—

-May Department Stores Co.—Special Offering—A speOffering of 20,000 shares of common stock (par $5)
was made on the New York Stock Exchange on April

h"

■

that the
board's action today would
its previously stated dividend policy.

stated
departure from

Fraser

occasion
—V.

plan."
further

new

a

Mr.

♦As reported to shareholders In 1952.
tPro forma combined earn¬
ings and sales of Mathieson and E. R. Squibb & Sons for the same
jperiod in 1952. The merger of the latter company into Mathieson was
•effective on Oct. 1, 1952 and at that time both sales and earnings of
She Brazilian subsidiary of Squibb were dropped from consolidated
ireports due to uncertainties arising from exchange restrictions in
^Brazil.
The second comparison therefore excludes Brazilian earnings
tarn! sales for both years.—V. 177, p. 1259.

23

of

according to Mr. Fernon.

Baltimore,
The

of 13

of

stock

common

common

per

2,346,111
3,382,452

$0.50

outstanding—

shares

Dividend

4,487,493

taxes

-

1.782.834
2,480,000

&

Vice-President

Executive

Fernon,
Finance

than double the volume

in

pending on the company's application and plan for the modifica¬
tion of its capital stock structure.
•The
board
believes," Mr. Fraser said, "that the opposition that
developed at the ICC hearing, both from the company's preferred and
common stockholders,
and subsequent actions of stockholders groups,
indicates the desirability of this action, which will permit of turther
study with the object of reconciling diverse viewpoints and, before the
hearing is resumed, determining whether differences can be com¬
posed either by amendments to the present plan or the formulation

44.111,593

$0.82

for

22,314,801

$4,668,645
5,439,772

-

depreciation

■Provision

'Common

48,697,242
2,661,793

income

other

less

expenses,

C.

acquisition

Loan

North

Fraser,

now

other

and

the

ABC

President, on April 21 announced that he was au¬
thorized to apply, on behalf of the company, to the Interstate Com¬
merce
Commission for an indefinite postponement of the proceedings
V.

D.

1953
*1952
11952
$60,515,173 $29,185,663 $53,302,634

Quarter Ended March 31—
Wet

to help finance a new

Chemical Corp.—Quarterly Earnings—

Mathieson

24,

more

Missouri-Kansas-Texas RR.—Postponement of Recap¬
italization Plan Sought—

.

proceeds

the

use

Randolph

The

of capital stock to its
$5 for each one owned.
The stockholdes at a special meeting voted to increase the limit on
•capital stock to 500,000 shares from 100,000. The issue will not be
underwritten, said George M. Stout, President. Unsubscribed shares
Kgrt

North American Acceptance Corp.—Acquisition—

Mission Development Co.—Scrip Certificates—

Calif.—Financing—

Co., Los Angeles,

Maier Brewing

"The company plans to offer 400,000 shares
stockholders at the rate of four new shares at

176; p. 464.--

•

:

-

Corp.—Quarterly Sales Off-

Thomas Wolfe, President, in a letter to the
stockholders, said in part:
"Unaudited figures for the first quarter
ending Feb. 28 1953 showsales of $4,788,305 compared with
$6,825,302 for 1952. These preliminary
unaudited figures indicate that PAC lost $78,000
during the first quar¬

ter of the 1953 fiscal year. The figures do not
include, however, pric®
revision claims in this company's favor which
may exceed $100,000.
"Commercial sales are building most

satisfactorily and the oittloolc

for this business for the balance of the year
appears promising. Backlog
the end of the first quarter was
approximately.

at

$10,500,000, not in¬
cluding a substantial contract relating ta a new phase of our* business^
which will be announced soon." See also V.
177, p. 1682 - " .

Number 5215... The Commercial and Financial Chronicle

Volume 177

Pacific Gas & Electric Co.—Registers With SEC—
The company

21,

1953,

filed

registration

a

covering $65,000,000 of first

series V, due June 1,

with the

statement

Public Service Electric & Gas Co.—Plans Financing—
April

on

mortgage

refunding

and

SEC

The

bonds,

Trust

Net proceeds are to be used
and

expected

to

to

1953-55.—V.

of short term bank

to retire $43,000,000

Pacific Northern Airlines, Inc.—New Directors, Etc.—
A.

G. Woodley,

President,

board of directors of

April 16 announced the election to

on

Paul Porzelt of

the

of

Mr.

year

Airline

since

realized
other

air

totaled

increase

an

The

£9%.

of

Alter

profit amounted to

Federal

income

Federal

and

Other

Swiss

Mobiliar

surance

the

the

capital

of

the

stock

of

Board,

this

Society, of Berne,
Swiss Mobiliar was organized

The

company.

largest1 underwriter of Swiss fire

The

Penn-Liberty

in

Preferred

is

Shares

development

White, Sr.,

was

of

the

Penn-Iiberty

basis.

of

the

attorney

an

Trust Agreement.—V.

multiple line

a

company

Carnell;

Mr.

Wm.

on

—

Earnings before

—_

Net

profit

2,238,000

per

Earned

$932,550

$0.85

share

George

outstanding

Beitzel,

B.

„

sale

of

new

pointed
last

stock

common

used

were

Milk

Co.

cost

and

(& Subs.)—Earnings—
1952

Net

sales

1950

$

$

Profit

before

inc.

Pfd.

2,290,000

2,853,028

3,536,251

411,187

424,687

439,875

3,238,018
450,000

704,111

704,111

704,111

660,103

Life

440,069

440,069

440,069

440,069

about

$5.52

$7.04

$6.34

shares

outstdg
share—

com.

$4.39

profits taxes.—V. 177,

excess

three

months

approximately

or

earnings
first

quarter

told

of

1953

cents

93

stockholders

do

not

the

to

as

look

year

whole

a

prices

the

Louis

shares

as

30

June

depend

course,

for

earnings

"The

demand

upon

deducting

after

1952,

"This

assets

at

with

compares

the

end

of

$122,000,000

1952

the

at

which amounts to $21,000,000,
September of nearly $19,000,000 in

stock

Amerada

of

Sales

in

reached

1952

Capital

Petroleum

and

expenditures

during

•

-

amounted

purpose

in

Construction

under

of

plant

Phillips
Adams

at

it

The

Terminal

announced

with

superphosphate

.Phillips
tion

was

plant

new

triple

ammonium

being handled by
Tor completion this fall.
includes

contract

three

silos

5,000-ton

equipment,

and

phosphoric

acid

ihe

April

on

of

capacity

a

will

be

sulfate

is

The

no

the

Rust

405

tons

.

for bulk storage

of

can

also

has
a

dockside

rock,

phosphate

new

bagging

-

Vice-President of

been elected

a

several

The

increase
1952

Marine

Midland

Trust

April

on

subscribe

Co.

director of this corporation.
other corporations, including Ameri¬

17

offered

to

its

common

stockholders

the

additional shares
cf common stock (no par) at $16 per
basis of one new
share for each four shares held. No underwriting is involved.
The

proceeds will

company's
p.

on

be

or

before

used

manufacturing

for

May

for 13,500
share on the

15

rehabilitation

division

and

for

or

improvement

working

of

the

capital.—V.

177,

1582.

serial bonds will mature on April 28,
notes will be issued in exchange for the

each year commencing Nov.

Force Over
New

paid

Mutual

Life

Insurance

in

Co.—Insurance

p,

$1,500,000,000—

business

totaled

New

investments

for the

first three

months

of 1953 totaled $18,309,-

000, yielding a gross return of 4.23%, as against 4.09% gross yield on
Investments
made
during the iirst three ,.mcnths of, 1S52.—-V. 176,
p. 2167.
;
p.
v-V.
•
*




,

amended

on

800,000.

of

whom

Shares

3,000

Boenning & Co

5,500

Woodcock, Hess & Co., Inc. 2,000

4,500

-

Wurts, Dulles
Yarr.all & Co

&

2,000

Co

2,000

America—Private Placement—The cor¬

care

of

used for

be

to

are

working

capital and

I.

as

a

will

operate

of

President

is

member of the

(O.) Supply Co.—Files With SEC—
April 13 filed a letter of notification with the SEC
covering 3,200 shares of common stock (no par) to be offered for
subscription by present stockholders at $10 per share, without under¬
writing.
The proceeds are to be used for working capital.
on

the

Reeves Brothers, Inc.

-

profit before Fed.

Net

profit

Earnings
—V.

after
per

176,

p.

& State

income taxes—

taxes

of

no.

per

1953

common

share

177,

1952
_

Prov.

for

inc.

Boston

group which offered on

share), plus accrued dividends from April 15, 1953.

per

The

15,

share

per

will

be

used

of

finance

the

thereafter and prior to April 15, 1968"
redeemed on April 15, 1968 or thereafter; ix»

if

net

proceeds

general

and

funds

BUSINESS—Company is engaged
of electricity, and incidentally
arrea

in

southeastern

the

Fed.

profits

20,851,033

&

inc.

1951

-

17,449,459

'

new

applied

the generation, purchase and:
the sale of electric appliances
of Georgia approximately 62i^

in
in

corner

construction

1954.
the

is estimated

1954

company's Riverside

station

in Savannah of

a

20,000 kwb.

new

generating unit which will be needed to meet the company's generating:
requirements by the fall of 1954. This unit with auxiliary equipment
is to cost $4,550,000 and is scheduled to be in operation in the summer
of

1954.

EARNINGS—Operating revenues for the 12
1953 amounted to $6,292,268.
\
retired

with

the

5%

proceeds of

the

months

ended Feb. 2

cumulative preferred stock to b«

on

the

new

DIVIDENDS—Dividends

have been paid;

preferred stock

annually since the issue thereof.
GIVING

CAPITALIZATION

EFFECT TO

FINANCING

PRESENT

Outstanding

Authorized

bonds—

mortgage
series

due

due

series

Serial

bank

and

1978

5.36%

stock

stock

($10

23,000 sha*

23,000 shs.

($100 par value)—
par value)

400,002 shs.

400,002 shs.

mortgage permits, subject to specified limitations,
of additional bonds of the same or other series.

stock

preferred

new

underwriters

set

forth

the issuanc®

below have severally
respective numbers of shares

named

below:

Webster

&

Stone

Courts

&

Securities Corp

Co.——

Johnson,
The

Co.,

177,

p.

Evans

A.

Preferred dividends
Common

Com.

dividends

paid
paid

shares outstanding

Earnings,per com. ;-b&re

$37,534,770
3,343,160
•

Inc

& Co., Inc.—
Co., Inc

&

,.?No excess, profits

5,855,000

♦1,090,000

$5,263,868
165,609
3,371,813
7,493.140

$2,259,160
165,609
1,273,633
7,493.140

Provision

$0.70

$0.68

$0.28

Earnings

taxes.—V.

$0.7&u

,

176, p. 602.',

{'
■

.

Co.—Earnings Higher—

31~

r.?"iriLr Ended

12,000,000

7,493,140

f
■

1477.

Scovill Mfg.

$5,449,459
165,609
3.371,913
7,493,140

.

t
I

3,000
3,000
2.000
1,500

Co., Inc

Lane, Space &
Robinson-Humphrey

i

7,000
3,500
3,000

Corp

Boston

First

The

*

.

160,150

640,600
30,000 shs.

♦The

UNDERWRITERS—The

'•

.1,

1953

—-

stock

pfd.

Common

—t

—

.

-

due

2%%

notes,

1954

$5,658,000
2,000,000
3,400,000

$6,000,000
2,000,000
4,000,000

L

1975

debentures due 1969—

3%%

14,840,000

profit

1953;

financing

toward

WM5M02

Earnings before income taxes
Net

preferred;

which includes the City of Savannah.
program now in progress and contem¬
to cost approximately $61556,000, of
$3,254,000 js expected to be spent in 1953 and $3,302,000 during:
The major item in the construction program is the Installation
through

$6,011,033
165,609
3,746,570

taxes

the

1949

1950

11,118,868

of

33 miles wide

company's

which

in

sale

requirements.

sale

an

the

from

in

stock

company's

construction

in

If

share

per

part to retire $700,000 par value of 5% cumula¬
presently held by certain holders of the common?
the company and $300,000 of short-term bank loans used to
current construction*.
Balance of the proceeds will be added

preferred

stock

$104

plus accrued dividends.

case

PROCEEDS—The
tive

at

1963 or

April 15,

on

$101

stock

redeemable

be

or

redeemed

each

will

prior to April 15, 1958; $103 per share if redeemed on April
thereafter and prior to April 15, 1963; $102 per share If

1958

and

stock

preferred

new

redeemed

—V.

$80,121,225 $61,817,115 $53,244,448

taxes

$0.46

1476.

p.

Corporation headed an invest¬
April 21 a total of 23,000
shares of 5.36% cumulative preferred stock at par ($100
ment

Clement

before

$1,585,075
2,827,702:

$0.79

Savannah Electric & Power Co.—Preferred Stock Of¬

Varnedoe, Chisholm

sales

2,852,045

outstanding

share

stock dividends.—V.

fered—The First

1713.

Years End. Dec. 31—

2,038,00®

Shares

Remington Arms Co., Inc.—Earnings—

Profit

1952

$3,623,075

3,143,500

income taxes—

shares

common

common

♦After preferred

5,986,990
2,482,297
$2.18

1,999,039
894,292
$0.79

105$.

p.

$5,882,341

taxes

and Canadian

profit

1953
1952
$49,198,585 $54,539,495

*

177,

,

of

(& Subs.)—Profit Lower—

sales

closed

a

company.—V4

agreed to purchase from the company the

Net

has been
corporation-

stock

common

as

$2,738,841

income

for Federal

Preferred

company

280,000 shares of

company

Kidd

before

Prov.

3>/2%

elected

been

has

of syn-

Safeway Stores, Inc.—Earnings—

♦First

board of
directors of this corporation.
He is Executive Vice-President and a
director of the New York "Herald Tribune."—V. 177, p. 1652.
Robinson

to assume the Presi¬

Jones was director of sales

Mr.

12 Weeks Ended March 21—

Director Elected—
E.

.

been connected with the-' -'
various capacities trf pro¬

his resignation

of

to be used

business.-

increased volume of defense

the

and

Chester

The

Inc

Board

the

176, p. 512.

proposed offering of

plated

8 000

Vice-Presi¬

of

elected President

public offering will be made.

miles long and

below,

named

At the time

sales.

withdrawn
No

Hemp¬

underwriters

was

Rocky Mountain Lease & Development Co., Las Vegas*

Is manager, have severally agreed, on a firm com¬
to purchase from the company at the price of $10

1476.

proceeds

take

excess

of this company for the first three months of
$34,780,000, an increase of 10.9% over the corresponding
period of 1952. Insurance in force rose to $1,523,125,000.
1953

1953 and

28,

was

company

Executive

as

Vice-Chairman

years, Mr.
Jones has
of Wilmington, Del., in

24

past

fibers.—V.

The

v 402,991 shs.

4%

Co

Co.,

Net

Provident

-

the outstanding 4,883 shares of common
into 375,991 shares of common stock, $1 par
increasing the authorized number of shares of

Net
company

356,250

the

resigned

elected

Nevada—Offering Withdrawn—

Outstanding

$1,500,000
356,250

$1,500,000

of

and

was

,

company

and

♦Earnings

$1,500,000 to the company
will mature serially in the

incorporation

Saunders

dency of Robbins Mills, Inc.,

Net

800,000 shs.

Nine Months Ended March 31—

to

Pont

duction

FINANCING

PRESENT

Co.

&

The

Plume & Atwood Manufacturing Co.—Stock Offered—
The

the

For

Du

$521,837

TO

Board

the

of

P.

Director.

the

Reedsville

■

•

Corp., American Fidelity Fire Insurance Co.,
Indemnity Co., and Citizens Casualty Co.—V. 176, p. 2532.

right

Chairman

William

resigned as President; and Malcolm G. Jones

and

the year ended 1952
the $9,535,998 reported In

from

was

EFFECT

—i.

Noyes & Co

William

-

249,115
$0.07

Inc.—Changes in Personnel—

and

3%

Equitable Assurance

Artx

&

basis,

177,

The

facilities,

,.

director of

dent;

to

value,
and

to

&

to

share

726.

a

of

one

poration has placed privately $10,000,000 3%% promis¬
sory notes due May 1, 1977 with a group of institutional
investors, bringing to $40,000,000 the amount borrowed
under a $50,000,000 credit set up in Febraury, 1952.

is

1952

735,891
$0.21

special

a

elected

for

company

-

28 of

of

Radio Corp. of

Co.

1953

$46,960,629 $42,443,021

taxes

meeting of the board of directors held on April 9, the
following changes were made in the officers and directors of the
company: Karl Robbins was elected Honorary Chairman of the Boar®
and resigned as Chairman of
the Board; Herman E. Goodman was

reclassifying

Stroud

day of granulated
existing facilities of
Terminal. Construc¬
Co. and is scheduled

additional

p.

Robbins Mills,

present time

share, the shares set forth below opposite their respective names:

—V.

new
processing facilities for manufacturing
and triple superphosphate, as well as expansion of
sulphate plant.—V. 177, p. 1260.

Drescher,

York,

is

years

the

1962.

28,

share,

Noyes

New
of

per

At

of

bonds and the lien of the first
4%
subordinated notes will be
serial notes except that the serial
subordinated notes will be met in each instance

Nov,

and

par

Hemphill,

Chemical

176, p. 2066.

Improve—
-

charges and

all

after

177,

thetic

Shares

per

with
Adams

at

Engineering

construction

i,

He

At

value)

par

4%

the

stock

mitment
per

complete

ammonium

Gustave

the

subordinated

Drexel

20.

integrated

operations

proceeds

the

been

has

company

several

„

UNDERWRITERS—The

Pierce Governor Co., Inc.—New Director—
cf New

of

GIVING

be

1953,

per

hill,

1951,—V.

Phillips
wholly-owned subsidiary of Phillips Petroleum Co.
way,

for

tuners.

notes

certificate

9,

common

the

of

28

value

Co.'s new triple superphosphate
on
the Houston ship channel is

Chemical

with

together

the period have been made on the 4'/2%
$18,750 4% subordinated notes will mature semi-annually

Nov.

stock,

$10,940,000, about
177, p. 1371.

to

profit

Profit

mortgage

4%

notes.

May
rThe

Phillips Petroleum Co.—Unit to Expand—

«,

and

will lend
notes which

of

Feb.

$262,915,557.

of

5,037,23®
2,388,331
1,286,916
t$3.56

1,286,916
$5.27

sales

—V.

1683.

p.

required payments for

ending

investment
of capital

the

shares
•

1952

twice the amount spent for this

Tertilizer

sale,

this

years

radio

sales

first

the

Most

to

100,000

"3,350,000

11,150,037
3,460,956
1,286,916
t$8.47

profits. tAfter preferred dividends.—V.

Earnings

of 4'/2% serial notes, will be applied to
additional manufacturing facilities, to the

1953

will

on

$101,000,000.

Corp.

record

a

due

was

177,

1953.—V.

has entered into an agreement with Provident Mutual
of
Philadelphia
under
which
Provident on or

first

The

serial

$2,200,000

1951.

of

end

•decrease,

6,864,866

Co,

1,

maturities

for

about

were

12,300,000

6,935,683
3,217,287
1,286,916
$5.38

Quarter Ended Mar. 31—

4,823,924

stock

March 25,

on

the

of

many

($1

company

May

after

of mines, was $35,026,550, or $3.45 per $12.50 par value
Though lower than the earnings for 1951, which were $4.24 on
a
comparable share basis, the 1952 earnings are to be regarded as
satisfactory, said Mr. Cates.
current

4,800,198

$0.81

mortgage 4% serial
discharged.
The
subordinated in payment to the 4'/2%

good.
"At the moment
to make any forecast of

added.

he

stock

mortgage

depletion

ilast

of

amount

notes

remaining

on

Cates

Mr.

$

16,100,000

paid—,

excess

Total

3,215,756
$2.08

2,841,054

-

common

sold

condensers

Insurance

1953.

Cates,

S.

meeting

annual

amount as the earnings
said,
and
second

same

be

whole,"

a

income

net

to

4,205,427
$2.17

18,338,763

subordinated

f$18,750

■ishare.

Net

10,787,346

to be evi¬
denced by serial
amount of
$100,000
on
May 1
of the years 1955-1967, inclusive, and in the
amount of $200,000 on May 1, 1968.
The serial notes may be prepaid
at any time by the company in whole or in part at reducing premiums.

at

estimated

were

share,

a

their

at

year,"

beyond

as

will, of
prevail."

which

consolidated

The

last

of

anticipated

are

propose

lor

year

•copper

"practically

were

quarter

earnings

earnings

Tor

first

1949

$

'

6,790,913
3,217,288

Rexall Drug, Inc.—Earnings

6,909,629

11,843,577

$14,445,629—an

serial

♦The

21.
the

the

the

Chairman,

The

I

for

$9,400,000,

April
.for

6,736,328

2,745,832

$0.93

construction

radio

tCommon

1197.

p.

♦No

other purposes.

*4'/2%

Phelps Dodge Corp.—Earnings Hold at Same Rate—
about

1,688,463

5,528,018

Com.

Eoard

548,783

1,681,122

Authorized

6,816,251
"3,280,000

paid

$

18,600,000

taxeSii

shares

Average

6,122,028

paid

32,807,355

142,105,705

*3,269,000

dividends

Earnings

22,360,599
1,447,868

preference

CAPITALIZATION

2,458.000

dividends

per

24,980,439
2,195,107

income after taxes in

$

'

4,802,231

Com.

profits

outstanding
Earnings per com. share

10,446,756

7,824,132

to

2,344,231

"Includes

10,088,068

sh.

principal

Net

taxes

profit

Earns,

35,068,507

2,330,926

548,774

com.

750,000

of

for

14%
Net

Inc.

profit

Dividends

the average number of shares on which dividends were paid.

of

inc. taxes

Prov. for Fed.

10,155,058

2,098,580

1950.

1949

137,500,083

165,286,657 157,809,984

229,139

amounted

1951

$

595,516

3,034,297

EARNINGS—Net

Pet

60,362

leading pro¬
principal
it is a sup¬
plier to nearly all of the major producers of radio and television sets.
Recently the company has developed, In cooperation with Philco Corp.
and with Radio Corporation of America, U. H. F. tuners for television
sets.
Radio Condenser Co. has its principal
plant in Camden, N. J.
The company has one active subsidiary, Radio Condenser Co., Ltd.,
which owns and operates a plant at East Toronto, Ontario, Canada.
The present offering is the first offering of securities to the general
public and is made in connection with a financing program to supply
funds
for
the
expansion of the company's
manufacturing facilities

filed a letter of notification with the SEC cover¬
ing 400 shares of capital stock to be offered at par <$250 per share),
without underwriting.
The proceeds are to be used to purchase equip¬
ment and to pay for expenses.

Years End. Dec. 31—

Net

divs.__

BUSINESS—For

has

company

32,578,216

11,373,568

suppliers of automobile

to

Pessin Mining Co.—Files With SEC—
The

34,472,991

stock

on

ducer

funds

that

out

year

10,094,696

retirement of debt, and the remainder to working capital.

realized from
help iinance
construction of a new chlor-caustlc plant at Calvert City, Ky., and a
new
ammonia plant at Wyandotte, Mich., both of which
are to go
into production in near future.—V. 176, p. 1567.
the

President,

the

$924,036

1,087,446

$0.75

shares

excess

_

PROCEEDS—Proceeds

1,313,964

1,242,799

„„

of

25,892,123

9,274,988

dividend

$1,500,000
Number

1950

1951

1952

187,771,607 180,864,236 175,657,148 177,276,886
taxes
25,390,913
23,035,083
23,450,037
8,387,230

for Fed. income &

Prov.

29,020

26,888,675

Radio Condenser Co.—Common Stock Offered—Hemp¬
hill, Noyes & Co. headed an underwriting group which
on April 21 offered for public sale
27,000 shares of com¬
mon stock (par $1) at $11 per share.

1952

1,993,746
1,061,196

taxes

Taxes

before

6,586,644

4,010,795

^Includes

$14,173,729 $14,764,924

—

Brass, Inc.—Earnings

outstanding:

♦Based

Pennsylvania Salt Manufacturing Co.;—Earnings Lower
Sales

forces, in military trucks produced by
a replacement engine for trucks of all makes,
plants.—V. 177, p. 628.

armed

power

sales

11,275,539
98,029

_

_

per

177, p. 46.

1953

income

com.

Common

Rew

Birmingham, Ala., and John Jemison, Jr.,
the same city as trustees under an irrevocable

Quarter Ended March 31—

7,135

Balance

$1.40

in

vested

stationary

7,187,076

dividends

♦Earnings

i

is

the

$

Net

Net

of

investment banker of

an

as

■

Penn-Liberty

as

Profit

dividends

Preference

the

nationwide

for

Years End. Dec. 31-^

20,031,990

income

Net

Common

Control

24,776,227

petroleum

liquefied

for

sv

trucks

125,666,431

7,580,127

specifically

engineered

another manufacturer, as

$

133,042,409

taxes

deductions

purchased last
December by the Helvetia
Swiss Fire Insurance Co., of St. Gall, Switzerland and the New In¬
surance
& Reinsurance Co.,
Ltd.,
of Geneva, Switzerland,
who to¬
gether with the Swiss Mobiliar will provide the financial support in
a

models

engines have been used in Reo civilian trucks, in 2V2-ton "Eager '

Beaver"

219,209,322 204,168,760

9,341,942

income

Income

in¬

and

1826

two

are

(LPG).

The

Revere Copper &

34,177,306

announced on

was

its

the

business.

insurance

there
gas

deferred

income

100,000th Gold Comet engine

Struble, Vice-President in charge of Sales.
six-cylinder, overhead valve power plant In mid¬

by A. L.

summer of 1949.
Today, the engines are being produced in three size*
—331, 292, and 255 cubic inch displacements—for gasoline. In addition,

1953—12 Mos.—1952

$

Inc.—100,000th Gold Comet Engine—

the

introduced

INCOME

58,438,773

income

Gross

has been sold to
Switzerland's oldest

company

Insurance

17

Reo

Com.

April 22 announced that

on

OF

35,913,228

taxes

Other

zerland's Firm Buys Stock Interest—
of

April

of

1476.

p.

Penn-Liberty Insurance Co., Philadelphia, Pa.—Swit¬
Fred A. Carnell, Chairman

refunding mort¬

and

63,724,920
etc.

taxes

for

Operating

one-third

STATEMENT

1953- ■3 Mos.—1952

revenues

Provision

company

of $298,500

taxes

$238,183."—V. 177,

first

$

Operating

Operating expenses,

$4,415,697,

the net

trustee,

Period End. Mar. 31—

1946.

operating profit of $608,033.

charges,

the

Reo Motors,
Production

to

and

Woodley further announced: "Operating revenues during the
1952 totaled $5,023,730, an increase of 112% over 1951.
Oper¬

ating expenses

to

stockholders

the

by

1924, between the company and Fidelity Union
and the issuance thereunder of not more than

COMPARATIVE

City and C. W. Nelson
of Seattle.
Mr. Porzelt is a partner in the brokerage firm of Emanuel,
Deetjen <fc Co.
C. W. Nelson has held the office of Secretary-Treas¬
urer

supplemental

20

a

the

York

New

April

on

principal amount of first and refunding mortgage bonds
maturity of not more than 30 years.
The money will be used, George H. Blake, President, explained, to
finance new construction and improvements during this year.
The 1953 construction program, he disclosed, calls for an expendi¬
ture of approximately $90,000,000.

having

876.

p.

1,

Aug.

Co.,

empowered

$50,000,000

finance, in part, the company's construction program,
involve expenditures of $500,000,000 during
the years
177,

were

indenture

an

dated

gage

bidding.
loans

directors

authorize

1984, to be offered lor public sale at competitive

57

(1841)

income

of

common

per

176, p. 2439.

$1,383,686

—

1,23»;°no

shares

common

share

~—

/

$3O!«M3»
o'

A

taxes

earnings.

Net

Number

—V.

for

$1.02

$1,047,646

1,22*n

«

ju.i®
•*

*

-

58

The Commercial and Financial Chronicle... Monday,

(1842)

April 27, 1953

'

Seaboard

Finance

Los Angeles

Co.,

Southern Natural Gas Co.—Registers

Registers With

—

Securities and Exchange Commission—
The company filed a

1953,

covering

The

registration statement with the SEC on April 17,

50,000

shares

of

sinking

preferred stock

fund

(no

par

value—stated
value
$100
per
share), to be offered for public sale
through an underwriting group headed by The First Boston Corporation.
The public offering price and underwriting terms are to be supplied
by amendment.
Net proceeds

of

to be applied In the first instance to the reduction
to its
line-of-credit banks, and to purchase

are

indebtedness

current

fC«rivables

in

the

Replacement of out¬
standing borrowings by the proceeds of the new preferred stock will
make additional borrowings available to the company as further funds
may be required from time to time.—V. 177, p. 1302.
ordinary

business.

of

course

SEC

company

covering

bonds,

due

Seaboard Surety
directors

have

100.000

shares

on

the

on

May

15,

declared
on

1953

stockholders

The

April

on

of

sum

stock

6.

The
for

$10

had

dividend.—V.

the

cents

share

per

outstanding, payable
4. The board also
stock distributable

May

capital

of record on May 4.

by

will

company

each

record

on

60

previously approved a capital increase and the
the New York State Insurance Department

approved

was

of

dividend

of

presently

capital stock

stock

to stockholders

May 22, 1953

proposal

of

dividend

cash

a

stockholders

to

100%

a

Co.—100% Stock Dividend—

declared

share

177,

capital stock
1477.

p.

surplus

from

transfer

of

in

issued

the

capital

to

payment

of

$100

corporation has arranged for

a $5,000,000 loan from three
it was announced on April 20. The
company has issued 4% promissory notes, due in 1968, as
follows: $2,000,000 to the Connecticut General Life In¬

institutional lenders,

Co., $1,500,000 to the New York Life Insurance
Co., and $1,500,000 to The Mutual Life Insurance Co. of

surance

for

are

at 100%

each

shares

ten

of

The
for

30

the

of

loan

Acceptance

The

years.

and

to

will

added

be

its

and

to

company deals primarily
lesser
degree in personal

a

working

predecessors

TelAutograph

lor

additions

property

this

program

Pacific

$70,000,000.—V.

at

Co.

177,

p.

Earned

for

in 1952
1684.

Expenditures

improvements.

and

estimated

are

at

underwriters

to

Gross

Bros.

certificates

railroad

Two

Diesel

Diesel

Hutzler

&

be

to

are

bid

99.107

secured

equipment estimated

by

to

locomotives;

passenger

3Ve%

for

less

not

Fed.

switching locomotives; 222 boxcars;
end racks, and 42 ballast cars.

Included

in

the

Michigan

Corp.;

&

Co.,

McCormlck

177,

&

Co.;

standard-

263

in

automobile

loans.

It

installment
the

is

largest

independent company of its kind operating exclusively between Chicago
and the
West Coast.
The
company has
its headquarters in Omaha
and
operates 35
branches in
Nebraska,
Wyoming, Colorado, South
Dakota, Kansas, Minnesota, Iowa and Newr Mexico.—V. 177, p. 878.

Period End. Mar. 28—

1953—4 Wks.—1952

Sales.

—V.

$4,410,848

177, p.

sell

to

$10

par

Mullaney,

Wells

giant

1953—13 Wks.—1952

$3,538,536 $11,475,166 $10,182,578

unfilled

orders

nounced

on

in

its

April

current

and F. S.

& Co.,

history,

Charles

J.

backlog has since increased, and it currently totals about
$3,250,000," Mr. Soss said.
"Operations have been stepped up since the final quarter of
1952,
and today we are at
peak production,"
he said.
*
"The lifting
of government
restrictions
on
materials indicates an
for

year

the

pany to maintain
of

automobile

industry,

should

and

considerably

than

the

in

1952

when

steel strike,"

South Jersey Gas

were

we

he added.—V.

handicapped

Net

income
of

per
p.

177,

1952

$533,022

550,319

550,319

$1.15

$0.97

416.

Federal

Net

income
"of

31,

1953,

for

the

on

against

709,221

of

quarter

1953,

after

dividends

preference stocks,
was
equal
to
shares of common stock outstanding

94

cents

of

23.

share

per

last

Gross

4,573,466

on

W.

year,

C.

for

revenue

cents

March

shares

as
reported
President, re¬

Mullendore,

the

all

on

69

at

quarter

$34,178,907,

was

of

$2,989,723 or 9.6%
over
1952.
Net
income
was
$5,$174,459 less thaa in the first quarter of 1952 due prin¬
substantial increases, in
fuel, purchased power and other

or

cipally

first

and

quarter

April

on

increase

an

the

6,134,722

first

ported

for

preferred

share

to

operating costs.
Net

income

charges,

was

for

preferred

and

$3.03

share

per

for

earned

the

12

$23,796,016

months

preference
for

the

the

ended

$2.89

or

March

share

per

of

31,

1953

after

stock

common

all

after

dividends,

compared
with
$20,234,289
or
ended March 31,
1952. Net income
for the calendar
year
1952 was $3.21

quarter
stock

common

share.

per

Mr.

Mullendore

/K»k,

it

now

struction

While

bonds

and

needed

in

the

bank
be

The

ber

The

year.

and

of

planned

to

preferred

stock

has

not

authorized

the

at

recently

are

—V.

176,

new

arranged

as

$25

(par

6,151,731

each)

shares

April

20,

Step

for

II

the

from

short-term
needed

will

8,000,000

to

177,

owned

the
II

shares

.885

of

shares

Gross

earnings
"Expenses

Upon

of

Court
$4

of

1952

City

Light Co.

of

Under

these

three

months

with

$20,760,000

income

for

compared
the

ended

the

with

nearer

of

31,

ings

per

and

$2.07

March

for

the

quarter

share of

31,

in

the

for

of

1953—6 Mos.—1952

offering

which

step

Net

of

stock

the

by

share

each

,.t.

•*•>• -

exchange

The

4,

after

has

directors

shares

of

quarter ended

of

which

ends

The

income

amounted

compared

current

15

'Sales

352,029

2,343,078

2,092,057

127,172

736,413

748,008

come

91,141

561,023

546,845

—V.

$12,278

$1,158

$151,008

$9,837

This

at

are

$2,20

176,

"'Including interest

Southern

Mention

Co.

and

—

depreciation.—V.

Further

made in

was

share to

per

the rate of

Details

p.

1683.

of Stock

Offering-

issue of April 20 of the offer¬

our

ing of 1.004,869 shares of

177,

common

stock

(par $5)

oversubscription privilege). Subscription rights will
expire at 3:30 p.m. (EDT) on
May 7. Further details

follow:

,

Common

stock

($5

par

stock

and

to

purchased by them

the respective

First

Boston

See

also

V.

177,

pp.

Outstanding
18,087,643 shs.

of

the

The First Boston
Corporation, the
other purchasers of the unsubscribed

are

the

for

12

Co.

1683

Carl

25

and

M. Loeb, Rhoades & Co.

Wertheim & Co

—V.

17.6, p:

Harry D.

Myers,

dividend

for

of

record

President.
third

the

1477.

Southern Indiana Gas & Electric
Co.—Stock Sold—
The
up
on

by

unsubscribed
the

April

13

10,531

underwriters,
at

$25.75

shares

headed

per

share.




of

bv

common

Smith,

See

also

stock

which

were

Barney & Co.,
V. 177, pp. 1684

dividends

30,

of

cash

1952

5%

a

was

stock

cents

the

year

the

in

cents

60

dividend

and

for

and

sold
1372.

Subs.)—Earnings—
1953—12 Mos.—1952.

$52,535,711

$43,861,156

10,457,224

45,420,747

37,436,356

$1,768,681

$7,114,964

$6,424,800

926,469

734,362

3,094,212

2,501,875

$1,034,319

$4,020,752

$3,922,925

135,000

135,000

540,000

$0.40

$1.35

•

$0.55

~

shares

in

and

1953

2,230,870

a

;■

SEC
(in

for

the

for

the

dividends.—V.

177,

by

82%

an

tax

burden,"

Mr.

a

1952

532.

p.

1953

1952

-$5,187,182
taxes,

etc

surrendered

$4,881,728

2,447,099

2,349,298

—

leaseholds

150,000

123,000

483,078

427,858

257,490

219,934

$1,849,515-

—;

$1,761,638

1,772.456

_.

2'.

1,772,456

$1.04

1967.

SO.99

:

v

.

corporation

covering

April

on

$50,000

denominations

"

of

of

filed

16

convertible

$50

and

letter

a

notification

of

debentures

.

to

be

each),. without

$100

with

offered

the

at

par

The

underwriting.

are to be used for general corporate purposes.
$10 principal amount of debentures is convertible into one share
A common stock (par $1).

Each

class

of

for

economic

of

year

Corp.—Unit Plans Shopping Center—

$25,000,000

a

center

munities

of

San

the

america
Corp.,
developers, and
&

be

Bay

center located in
between the California

shopping
area

the
com¬

and

Hayward, were jointly announced on
wholly-owned real estate subsidiary of Trans¬

Co.,

Beckett

and

Macy's

Federighi,
Francisco,

San

prominent
division

Fast
of

a

land

Bay

R.

H.

Macy

Inc.

Co.,

to

48-acre

East

Leandro

April 22. by Capital

scheduled

completed

by

the

to

Fall

begin in the
of 1955.—V.

Spring
176,

of

1954,

is

expected

1569.

p.

Tucson

ago.

which

must

Myers

said.

Gas,

Electric

Light

Power Co.—Secondary

&

Offering—A secondary offering of 3,000 shares of
stock

mon

peaks, virtually double those of
demand for added working capital

$1.59

in

proceeds

preceding

declared

dividend

recoid

366,000

shares

to

(par $10)

com¬

April 15 by Blyth &
Co., Inc.;- at $32.75 per share, with a dealer's discount of
60 cerrts per share.
It was completed on April 16„—
V.

176. p.

made

was

on

2169.
,

.

Unexcelled Chemical Corp.—Chairman

Sold

Carlton

will
two

Waller

B.

continue

with

has

the

resigned

company

Chairman

as

on

a

Resigns—

and

consulting

a

basis

director,
for the

but
next

years.

New

directors

elected

are:

Roland

P.

Place,

Chairman

United

of

corporation

21,

1953,

filed

registration

a

covering

719,881

shares

1

with

statement

the

SEC

on

its

of

$1 par common stock.
represent stcck acquired by Atlas Corp. on Nov. 24,
1950,
at the
option price of $12 per share.
Atlas now proposed to offer
such shares for public sale
through an

These

am

Rosenfeld,
Hotels

director

Corp.—V.

Rohm

of

177,

&

1372.

p.

Haas

Co.

and

Secretary

of

Hilton

..

shares

the

to

Radiator Corp. and director of Michigan Chemical
Corp.; Harry
President of Gertz Department Store, Jamaica, N. Y., and WilJ. Friedman, a partner in the law firm of Friedman. Zoline and

Gertz,

Sunray Oil Corp.—Registers With SEC—
The

April

Dillon
the

at

&

Cot

maiket

current

Exchange

time

The

price

offering

the

of

the

of

underwriting group headed by
price will
be
related

public

stock

the

on

New

York

Stock

offering;

the underwriting terms are tobe supplied by amendment.
Such shares constitute all of the
Sunray
common
held
by Atlas.
The corporation
will receive
none
of
the
proceeds.
As of March 25, 1953, Sunray had

outstanding

common

shares.—V.

177,

p.

10,270,239

1372.

Union Carbide & Carbon

Quarf&?Ended

Corp.—Earnings Higher—

March 31—

1953

Gross

sjiles

Other

income

(less

discts.,

returns,

and

allows.)

Total'' income

—__

1

——

sold, sell., gen., and admin, exps.
and depletion.:.

Income ■'and

231,359,923

234,495.790

180.377,159

159,423,291

amortization,

Interestjan promissory notes

Co.—Acquisition—

$

260,696,104
' 4,190,851

264,886,955

(net,u

Cost of Ifoods

1952

$

......

Depreciation*

Swedlow Plastics

3.135,873

17,029,063

profits

12,869.754
1,168,750

28,908,550

37,653,520

25,695,100

excess

2,877,083

23.380,481

—

taxes

(estimated)

;

This

company,
a
leading processor of transparent monolithic and
laminated plastic glazing materials for the aircraft
industry, on Aprill3
announced the acquisition of the

facilities,

niques

and

Angeles,

taken

were

(&

depletion

Construction

46 V\

about

102

$12,225,905

preferred

Transamerica

for the fourth quarter

of

value

a

bonds
at

1684.

Townecraft Industries, Inc., N. Y.—Files With SEC—
The

-

,

outstanding.

stock

3>»%

associates
p.

States

25%
25

mortgage
and

177,

shares

1302.

p.

set forth below:

25%
&

FINANCING

percentages of the unsubscribed stock severally

Corp

Ladenburg, Thalmann

25,000,000 shs.

names

of

PRESENT

Authorized

value)

UNDERWRITERS—The

be

TO

-

,

managing underwriter and

The

EFFECT

V.

Corp.

indhke

Net

on

Privately—This
company has placed privately an issue of $1,250,000 4V2%
promissory notes due April 1, 1968, it was announced on
April 10.—V. 171, p. 1789.

Eastman,
CAPITALIZATION GIVING

first

Corp.

Net

at $14

stockholders of record April 16 at
share for each 17 shares held
(with

new

Boston

$1,566,163

outstanding
Earnings per share—j.

$4,418,000

stockholders

to

20,

Stratton & Terstegge Co.—Notes

common

one

an

$7,000,000

$2,492,632

Shares

the

2168.

p.

for

expenses,

for

for

6,000,000

on

177,

1583.

p.

14,814,389

(net)-.

WAT

Surplus

of

First

income

gross,

Operating

and

Earnings

1952.

brings- payments

share

a

a
sharp
profits squeezed

from

the

of

prices,

cash

cents

creates

177,

$17,307,021

2,581,552

Provision

year.

subsidiaries

and the other 2V2%

market

with

A

year.

above.—V.

1953—3 Mos.—1952

_________

on

Canceled

$14,705,000 compared with
the same periods earn¬

to

on
April 22 by
shares of stock

quarter ended Sept.
quarter ended on Dec. 31.

$3,396,747

May

on

June 30,
1953.
dividend, representing

at

15

The

taxes—

provision

Total

on

stock

share

by

income—

will

For

respectively.—V.

2!/2%

March 31,

on

April

on

revenues

out¬

the

stock

common

Corp.

Quarter Ended March 31—

stock.

common

previous
amounted to

and
to

months.

stock

345,109
voted

and

Texas Pacific Coal & Oil Co.—Earnings—

therefor

to $22,012,000 compared.

period

same

amounted

12

shares,

announced

was

company

The

to

per¬

to

Gas Transmission

"Bated-

Philadelphia
Philadelphia stock

the

quarter
of
of
this
year

stock dividend, payable

May

on

be

was
one
of TEMCO's first
conversion work, has awarded
modify two Lockheed Constella¬
70-passenger interiors,
Mr.
McCulloch
also

Airplane

Reduces.

Plans

5%

will

also

,

the

of

subsidiaries

and

amounted

Duquesne

1953

common

plant,

which

contract

a

Preferred^ dividends—__
"Earns, per eom. share.*'-'

provides

stock

Standard Products Co., Cleveland, O.—Stock Div.* Etc.
A

conversions

the

on

exppcted

is

Lockheed Lodestars and Martin 202s.

1983

Oper. exps. and

Delaware

District

plan,

Duquesne

the

preceding

5,750,000

on

tc

as

Opeiating

approval

of

income

net

ended

Airways,

modification

Period End. Mar. 31—

$4

for

1953

first

$3,754,000

Consolidated

for

Luseomber

Interest

the

.

$13,256,000

production

Work

Greenville

order

Constellation

Texas

$0.28

outstanding common stock amounted to 66
cents per share. Earnings for the first quarter of 1952 were- 59 cents
on the 5,750,000 shares then
outstanding.
-<< V.y
..." v,
months

dollars..

TEMCO's

production

Provision for depreciation

the

shares

million

at

the

quickly oversubscribed. See details in

558,950

steps, about 4,600,000
Duquesne Light Co.

of

March

first

with

6,000,000

these

of

more

612,475

•

$516,552

prior step the
Duquesne Light Co.

a

of

revenues

for

ih

ApriPl,

1,506,072

Is an electric utility serving an area embracing
and surrounding municipalities in Allegheny
Pennsylvania, with a population of over 1,500,000.

%ross

several

of

convert 50

to

was

Pittsburgh

Consolidated

in

hospitals," Robert McCul'.ough,
two contracts, Mr. McCulloch

due

S0.G7

preferred

the

common

share

a

of

and Beaver Counties,

93,504

_

moved

common

owned.

engaged

Texa§ Electric Service Co.—Bonds Sold—

$3,194,049

shares)

liquidation

share

first

$3,791,522

so

See

Co.—Liquidation Nearer—

Standard's

Philadelphia

completion

Duquesne
the

112,128

Dividends

(1,693,012

District

of Duquesne

two-tenths

World

customers

The

1953

company

standing 6,000,000 shares
be publicly owned.

393,849

Taxes

plant

1,254,000

company's
of

16

purchase ol

The

underway

The

provide

(& Subs.)—Earnings

31—

Electric

this

each

publicly

received

business

Southern Canada Power Co.,
Ltd.—Earnings—
1953—Month—1952
$611,759
$571,500

share

the U. S.

of

Step

May.

American

C-47s and C»54s,

preferred stock of Standard
will receive four shares of
Duquesne Light Co. common stock.
Step II-A of the Standard plan, which was approved by the Court
on
April
17,
provides for
the
retirement
of
the
150,412
publicly

,

Period End. Mar. 31—

polyethylene

new

a

(estimated)

retirement

Under

Mr.

outstanding.—V.

by

$1.07,

1371.

p.

for

pay

$4,853,110

of

$0.21

April

on

Delivery of both aircraft is scheduled for early June.
contract, Mr. McCulloch said, brings to seven the
number
of different types
of transport aircraft brought to TEMCO
for
overhaul or modificat'on. Other transport types worked on or
in
work" at
TEMCO
include
Boeing
C-97s.
Beech
D-18s,
Douglas

2066.

liquidation

$0.40

Greenville.

Net opcx.

money will
until later

some

loans

March

common

$47,443

$91,507
-

announced

Merger Completed—

$1,160,443

p.

in

19.

aircraft

tions

of

pending permanent financing.
meeting voted to increase the num¬

shares

presently

of

later

said

appears,

undertaken

bank

outcon¬

to

million

$25

tax

well

first

contract

"flying

April

value

is

the

Corp.

1372.

p.

I

Income

into

on

TEMCO "Aircraft

/

'

684,387

profit
Earnings per

costs

annual

common

There

now

be

deferred

sell

million

$30

business

replacement

be

and

it

anticipates that additional
construction

and

will

issue

financing will

company

the, changing

construction,

approximately

the

iinance

stockholders

12,000,000.

of

maintenance

some

of

only

that

because

new

been

million

and

to

that

some

had

that

loans

maae

as

It

$15

Mullendore,

that

appears

well

as

years.

be

said

177,

to

1.754,280

common

classes

used

Net

of

Southern California Edison
Co.—Financing Plans, Etc.

per

be

Ended

Board,

announced.

Depreciation

of

$630,728

share

Months

earnings

at

airline

production

a

combined

a

sometime

Pan

the

cash.

proceeds to finance, In part, Its construction

Expenses

on

5,071,710

shares

common

of

of $1,000,000

sum

Company of America.

to

are

Standard Gas &

$5,604,732

._

100,000 shares

Corp.,

for the

(A. E.) Staley Manufacturing Co.

The

6,112,744

taxes

Insurance

the

of

Corp.—Awarded New Contracts—

transports

already

these

1953

charges and

—

common

Earnings
—V;

by

$6,743,472

including fixed

Number

com¬

Co.—Earnings Increased—

revenues-,j

West

South

396.680
69,858

$0.20

Chairman

announced

work

start

1227.

p.

Orange, Tex.—V.

Gross

174, p. 1407.

Twelve Months Ended March 31—

Expenses

the

a

better

restrictions and

Gross

help

high production rate to handle its increased volume
Accordingly, the company's earnings this year should be

business.

177,

proceeds

Three

21.

"This

excellent

&

the

37,548

completed negotiations fox the complete
Corp. of Azusa, Calif., which is currently

on

authorizing this company to issue and

Aug. 1, 1956-1975, inclusive, in instalments to Pru¬

dential

with the largest backlog of
Soss, Board Chairman, an¬

year

Central
use

422,132

51,719

has

prototype

stock of Southwestern

will

447,956

income

on

$44,856

cargo

President,
said, Iiwm

Spencer Chemical Co.—To Sell Bonds Privately—The
to sell up to $10,000,000 of 4^8% bonds,

due

near

the

parent,

$513,981

share—

Kurtin,

been"%warded

now

formed

order

an

12,459

$551,187

corporation, which recently was awarded a prototype contract
modify a Boeing C-97 Stratofreighter for Air Evacuation, has

to

The

The

started

issued

common

program.—V.

1302.

company

its

has

Southwestern

Soss Manufacturing Co.—Has Record
Backlog—
This

taxes

Temco Aircraft

company plans

Shoe Corp. of America—March Sales Up—

^

SEC

2,017

&

This

Southwestern Gas & Electric Corp.—Stock to Parent—
The

$501,522

$549,170

$544,531

supplies

profit

film

Mar. 31, '52

Dec. 31, '52

10,713

of

—

profit,, per
R.

31, '53

$533,818

freight

1583.

p.

Mar.

research
and
manufacturing of electronic, devices and is presently
supplying equipment of this nature to various government agencies.
Electrotechnic will operate as a wholly owned subsidiary of TelAuto¬
graph Corp.—V. 176, p. 1475.

offering group are: R. W.
Blair, Rollins & Co., Inc.;

Inc.—V.

$0.51

.

1568.

p.

Lower—Acquisition—

Corp.—Earnings

sales

on

Electrotechnic

Pressprich & Co.; E. F.
Rothschild & Co.;
Baxter, Williams & Co.;
Freeman & Co.; Gregory & Son, Inc.; Ira Haupt & Co.; Wm. E. Pollock
&
Co., Inc.; The Illinois Co.;
McMaster Hutchison
& Co.;
First of
Yantls

176,

(including depreciation)

that this

with

cars

business

in

dividends.—V.

charges.—

Canadian

Louis

$15,000,000:

than

&

Net
Net

locomotives; 7
gondola cars; 19 flat

Diesel

$0;56

.—

income

Expenses

certificates.

following new

the

cost

39

profit

Total

—

Commission, the certificates are priced to yield from
2.60% to 3.25%, depending on maturity. The group won
award of the certificates on April 22 on a bid of 99.333%.
Salomon

service

accessories

Equipment Trust Certificates
Offered—Halsey. Stuart & Co. and associates on April 23
offered $10,000,000 ser. II 3!/$% equipment trust certifi¬
cates, maturing annually May 1, 1954 to 1963, inclusive.
Subject to authorization by the Interstate Commerce

capital.
been

have

share

stock

354,166 '

362,490

;

:

3 Months Ended—

sold

be

the

of

and

proceeds

finance

preferred

1952
$200,357

1953

31—

$220,278

common

competitive bidding.

will

proceeds

New York.
Securities

per

"After

March

taxes

outstanding

Unsub¬

stock.

common

after

shares

"Earnings

offered for subscription
of principal amount, at the rate
be

to

profit

Common

financing, a portion will be applied to the
prepayment of $35,050,000 of outstanding notes and the remainder used

debentures

the

Of

These

Corp.—Private Placement—The

are

Months Ended

Net

of convertible sinking fund deben¬
to be offered for public sale at com¬

debentures

debentures

of

scribed

gauge

Securities Acceptance

bonds

The

by holders of common stock,

the

of

first

of

(James) Talcott, Inc.—Earnings—
3

a

$34,220,100

The

bidding.

Southern

The

and

With SEC—

registration statement with the
mortgage
pipe line sinking fund

filed

20

$30,000,000

1973,

tures, due 1973.
petitive

April

on

The

in

engineering

of

of

the

Sierra

personnel,

Sierra

Calif.

originating

tion

services

•

Products

and

Sierracin

Co.

has

developing

polyester

for

the

past

production

materials.

methods,

Products

Co.

of

tech¬
Los

income

Union

per

share

Carbide's

amounted-to

•

five

Net

Earnings

years

techniques for

been

engaged

the

fabrica¬

expenditure

in

even

the

This

this year's
somewhat

total

for

new

construction

the

largest

history.

Morse

was

corporation's

r

$0.89

expenditures

$151,000,000.

predicted that
perhaps

1
total

would

higher;—V.

be

at

177, -p.

annual
G.

Dial,

least as high

1303.

$0.81
in

1952

construction

President,
as

>1952,

or

Number 5215

Volume 177

United Aircraft
Three

Products, Inc.—Earnings Up—

Ended

Months

Feb.

sales.—

Net

Profit

Net

income

M.

147,160

50,896

71,408

20,966

__.

taxes)

$75,752

of

the

first

quarter;

pany's backlog of unfilled
80%<

of

the

over

Because

and,

orders

$3,283,600

these

of

of

as

of

the

sales

ceding

operation

to

that

the

1953,

$5,908,500—an

factors,

those

this

and

'No

after

tax

chromium

taxes

the

"

'

$405,955

taxes

forward

from

1951.—V.

in

177,

1952

a

capacity.

before

Federal

1952

Net

because

of

Years Ended Dec. 31—

sales

Net

income

1952

Profit

before

Prov.

for

net

loss

178,712
93,031

&

come

Net

profit

Preferred

"

prof. tax.

exc.

$0.20

shares outstanding.—V.

Washington

$0.20

Water

shares

$3,845,710

Earnings per

$5,298,384'

Co.

Power

Placements

Private

—

51,261
3,282,984

820,746

820,746

$1.51

$4.62

$6.39

profits

excess

tax.—r-V.

170,

1953

representing

American

share

Algemene
National

holders

of

the

each

of

the

receipts

the

shares

into

deposit

by

for

shareholders

Such

American

shares

at the rate of
value of ordinary shares.

par

and

bearing

certificates
erlands
in

validation

New

York

There

law)

will

with

receive

representing

V.,

be

American

50

each

deposited

with

sub-depositary,

either

the

before Nov.

of

florins

10,000,000

of
on

of

500,000

.

American

shares,

representing

ordinary

The

period
the

five

of

and

meeting

who

Remer,

with Emer¬
stockholders
sought proxies

asked
has

also

This

.

in

1952,

H.

E.

first.

lor

last

the

said.

set in

"As
as

The

it

this

will

been

has

more

ahead

of

told

the

the

will

year

Share in First Quarter

per

April

on

totaled

15

reported

as

with

compares

.

v

$6,945-058,

the

$3,649,141

of 90%.

and

the

the

highest
the

in

the ^com¬
period of

in

same

:

.

indicated

second

that

tax

it

profits

excess

is

allowed

than

in

defense

to

made

in

at

demand

will

quarter

reported by our customers
very
satisfactory.
The

also

m»"ie

removed,

the

the

so-called

Van Raalte Co.,

100%

for

on

March

for

again,

Income

volume
727.

earnings

March,

—V.

income

$518,473

$485,393

471,938

470,338

Earnings
-V.

$1.10

per

177, p.

outstanding
share

common

______

considerable

tailed

"Sales

said:

of

at

and

taken from

as

Federal

income

to

that

income

taxes

$2,360,000

the

taxes

compared

as

the

•

Sales

and
the

for

expenditures

temporary

for

two

$1,190,000 for

to

moving

plants en¬
relocating and also

additional

and

disruptions.

production

the

and

centerless

The

plant

industrial

feet,

with

1953

line

expanded

an

sales

1953

to

any

surpass

&

of

con¬

previous

Co.—Quarterly Earnings1st 3

-Calendar Years-

mos.

income

1952

1953

$

$

$

160,369,766 217,926,568

65,410,715

1,032,055
taxes___.

income

1,092,097

1,571.244

266,325

823,725

905,751

1,249,525

233,738

208,330

and

173,

1951

154,750,568

__

Gross

Expenses

186,346

321,719

speed,

cold

work

various

and

hot

work

such

forms

die

steels, as
bars, forgings,

as

located
of the

served

site

of

approximately

by both

the C.N.R.

a

and

8V2

the

in

acres

West Virginia Water Service Co.—Earnings—

company will make available to the Canadian subsidiary
developments made by its Metallurgical and Research
Departments.

all
The
ket

Canadian
In

It

cash

will

company

Canada

is

Operating

exoenses

presently

understood

that

investment in

its

also

be

allocated

being served by
Darent.

all of the existing
the parent company.

Canadian

has

company

subsidiary.—V.

made

Other

sales

March

Net

sales

177,

—V.

.

mar¬

volume

of

quarter
1952

were

and

slightly
than

more

in

excess

20%

business, .in, the first quarter last
all
.charge^:and taxes were well

for

$1.01

per

■

the

share

quarter
on.

the

ended

557,238

Msrch

shares

31.
of

20,768

$774,712

income

Net

Net

44,752,281

156,567,785

137,320,680

1,867,460

6,270,640

4,730,533

743,536

2,225,659

1,917,872

$0.55

$0.55

$1.63

$1.40

has

Service
received

Apr. 5, 52
$

of

used

to

par.

bonds

mortgage

$100

$6,300,000

funds

for

of

issue

to

first

repay

provide

authorization

of

stock,

preferred

will

Corp.—Financing Approved

SEC

$8,000,000

and

due

loans

bank

short-term

current construction

sell,

1983

of the

proceeds

Net

estimated at $10,500,000 in 1953.—V.

Ended

March

expendi¬

177, p. 1623.

after

per

175,

1952

1953

31—

$814,709

$852,958

133,209

130,663

$0.25

taxcs________

$0.25

share

common

2382.

p.

Total

revenues

97.032

103,292

—

available for

income

number

average

stock

$324,597

$336,729

$1.25

common

$1.38

share

common

per

shares

during

outstanding

period.—V.

$

16,088,425

-

.____

115,198,236

taxes

♦After

per

674,347

411,558

outstanding

shares

♦Earnings

608,117

597,857

$0.97

$0.55

share—

common

—

tRevised.—V.

preferred dividends.

176,

899.

p.

Woodley Petroleum Co.—Registers With SEC—
The

April

filed

company

1953,

21,

registration
statement < with
the SEC on
$2,500,000 of sinking fund debentures due

a

covering

1968, and 50,000 shares of $50 par cumulative preferred stock,
(convertible into common stock prior to June 30, 1963), to be offered

May 1,

public sale through
Co.,

and

an

interest

The

Inc.

underwriting group headed by A. G. Becker
conversion rates, public offering pripe

and

^

underwriting terms are to be supplied by amendment.

will be added initially to the company's general funds.

expected that these funds will be used during 1953 and
1954 in the operations of the company's wholly-owned subsidiary in
Canada.
The
work
presently
planned for
1953
on
jointly owned
is presently

the prospectus, contemplates the
drilling of production and wildcat
other physical facilities, and $1,300,000 for exploratory and development expenses.
The subsidiary's share
of
these
expenditures, on the basis of its 30%
interest, would be
$2,250,000 and $390,000 respectively.
In addition, the company ex¬
pects that construction of a pipe line connecting the producing fields
with
the
Intcrprovincial Pipe Line at
Regina will be
undertaken
during the year in association with others, and that the subsidiary's
equity in this project may call for an investment of trom $500,000 to
$1,000,000.
A program of similar extent is contemplated for 1954,
the cost of which is expected to be met "in considerable part" with
revenue
from
the sale
of oil for which access to market will be
Canadian

properties,

wells and

for

to

by the pipe line to be constructed.-

provided
The

according

ot
$7,500,000 for
well equipment and

expenditures

primarily

is

company

a

producer

of

crude

oil, with properties

and Texas.

subsidiary, Woodley Canadian Co., has a 30%
interest in
approximately 1,400,000 permit acres of crown lands in
Saskatchewan.
Associated with it are Socony-Vacuum Oil.
Exploration
Co., Inc..
with a 50%
interest, and Southern Production Co., Inc.,
with 20%.
The drilling of 17 wildcat, wells thus far has resulted in
the discovery of five oil fields: Fosterton, Cantaur, Success, Midway
and North Premier.
'
wells

wholly-owned

the

process

had

been

of delineating these fields 37 oil wells and two
completed up to April 1.
It Is estimated that

totaling approximately
require the drilling of 200 to 250 wells.

development

Projected
for

investment

of

the

authorize
stock

these

fields,

expenditures

for

this

and

year

next

10,000

are

further exploration of the permit acreage
In a pipe line that will link the producing

inter-provincial
the

gas
full
will

for drilling of
and for equity
fields with the

pipe line at Regina.

annual

on
May 5 stockholders will
be asked to
'in stock necessary to carry out the Prefe"ecl
proposed 3-for-2 split of the common.—V. 168,

meeting

increase

financing

acres,

and

a

2735.

p.

of

$
.

after

profit

Common

318,774
$440,022

—

1952

1953

j

$758,796

353,082

$421,630

.

—.

2698.

p.

of

the

company




are

being

-

Th's

capital

the

for

$9,715,794

Indicated

above

•

operations

those
the

year.

1952.

standing.

Major

of

above

after

reported

$738,028

12,473

deductions

♦Earnings

earnings of this corporation for the quarter
were
the largest for any such period in the
William C. Keeley, President, announced on April 16.

of

earnings

$762,239

____________

Preferred dividends

7

$

(Alan) Wood Steel Co. (& Subs.)—Earnings—

wells,
.

~

1094.

p.

40 Weeks Ended-.—

Apr. 4,'53

$

175,

-

r

Worthing:ton Corp.

(&

Subs.)—Earnings—

1953,

the

for

quarter

2,022,318

and

31,

company's history,

.final

$2,760,346

2,220,676

taxes

income

Gross

♦On

Indicated

1952

$2,982,915

__

and

income

Interest

substantial

a

also

was

Apr. 5,'52

■———

Net profit

At

the

Vanadium Corp. of America—New Records—
ended

1953

revenues

Operating

floor space of 60,000 square
C. P. R.

parent

be

are

Months

In
a

will

in Louisiana

2095.

p.

Net earnings

on

city of London, has

Board, of

the

752,726

bidding,

balance

Sales.

32.587

Years Ended March 31—

ground steel.

is

zone

and is

The

high

specialty steels in

of

company

Co.—Earnings—

Apr. 4, '53

;

Public

shares

Net proceeds

$

Net

produce

other

the

WJR, The Goodwill Station, Inc.—Earnings—
3

It

Vanadium-Alloys Steel Co.—Unit Expands—

to

of

1722.

p.

tures which

j

1950

It

as

Vice-Chairman

director

a

537.

share

com.

30,000

and

company's

Ltd.,

pared

'

j

Dunn,
as

in

Vice-President

been

2,062,262

corporation

The

well

.,

the

for

$241,972

of

$121,646,

of

leasing of

"Webster-Chicago has entered
products and we expect

1583.

was announced on April 20 that Vanadium-Alloys Steel Canada
a
subsidiary, has purchased, on favorable terms, a steel plant
Including equipment at London, Ont., Canada, which is now being pre¬

A.

Bank,
p.

taxes_____

competitive

and

compared to $2,458,745
operations for the first

year," Mr. Blash added.
"Government contracts at year end totaled
$20,000,000 compared with $11,000,000 at the end of 1951.
Production
on
government orders is proceeding at an increased rate."—V. 177,
p.
1414.
:

—V.

,t

has

year,

SI.03

_____________

shares

company,

1949.

Federal

Wisconsin
The

for

said

Sales
Net

Common

before
were

Blash

Mr.

as

unadlted

535,593

,,

170,

taxes

177,

Net

Results

1952,

Federal

1953,

also

1952

501,430

Dec,

preceding

$4,566,794

were

1,020.936

taxes—
„

the

in

ended

year

statement.

annual

$7,623,010

1,019,903

the

in

$17,971,469

shareholders,

1953

year,

after

Weeden

"

1953

$8,033,041

India

Governor of

and

Three Months Ended Mar. 31—

1952.

contributed

gov¬

p.

Savings

after

Earns, per

&

sales

with

even
greater
said,—V. 177,

he

^

income——

of

sumer

output

is

boom,"

its

months- of

this

of

shows

of

of

two

Blash

Mr.

business,
products

civilian

$19,580,686

of

sales

in

to

letter

months

earnings

month

'

outlook

_

before

net

profit

total

of

defense

year

sales

with

reported

first

months

dividend
year."

our

the

had

compared

special

a

two

the

records,

same

throughout

Inc.—Earnings Improve—

—

Taxes

for

that

16%

about

up

civilian

"defense

likely

throughout

the difference.

up

approaches

controls

during

Profit

first

the

and

director of South

a

be

Blash,
President,
pointed out that due to
a
number of
the company sustained a loss of $408,951 after taking credit
carry-back of Federal Income taxes of $298,849, This compares
net earnings of $457,635 in 1951.
'
,

In

the

the

effect

Vice-

a

inspection

51,603,519

Earnings

F,

a

Mr.

mid-year,

appears

rate

Humphreys reported. So far this
but an increasing demand

than

sales

for

to

approximately

expire

current

orders

be

remains

It

1952.

the

at

will

tax

corporation

company

R.

surpass

up

the

of

sales

Earns,

are

factors,

meeting

high,"

remain

Three Months Ended March 31—
Net

annual

may
not quite
come
whole year will probably

the

appears

better

industr

ernment

the

quarter

same

Bowery

Net

were

^

This

orders

that

1952,

with

of

declining,

the

the

quarters

for

continue

company's

1952,, Mr.

than

31,

two

the

much

has

12%

Chairman,

Jr.,

rest

"Later

if

If

be

As

Record—

21.

the

sales

profit,

payments

$7,000,000,

company,

been

has

$

for
the second
half of the year is good.
On the basis of
plans and operations, it is indicated that sales for the full
will break all records and earnings are expected to be gratifying.

The

1952.

year

year.

could

in

for

However,

record

April

on

volume

Humphrey

least

Humphreys,

of stockholders
"Sales

at

be

1906,

business,

President

and

and

Board

outlook

established another new sales record of more than
-during the
first
quarter
of
1953
and
earnings
are

to

Co.,

since

Harris

of

'

present

shares

company

$225,000,000
estimated

in

new

the

of

and

company

Treasurer,

sales

increase

Current

indicate

year

Rubber Co.—Establishes New

director

engineering

election

:

directors

new

Mr.

has

Chairman,

the

of

1952.

of

quarter

1952—an

■

States

director

a

Platinum

&

announced.—V.

Record Sales Reported for Year 1952—
United

is

of

the

of

April 22.

on

company

charge

the

Webster-Chicago

of

nominees

the

Ollstein,

profits

Johnson,

pany's history.

by the Netherlands Government, which shares the company
thereupon cancel.
No
American
depositary receipts are being
offered hereby for cash sale.
The registration statement relates to a
company.

at

when

will

maximum

attending

Charles

quarter

R.

In

agency

and

of

The

company
achieved
a
profit
of
$373,486
before
taxes
and
$184,773, equal to 41 cents a share, afteiy,allowance foe taxes, in the
first quarter of
1953.
This compares with a) loss of $15,266 in the

acquired

of the

Chairman

as

.

The

Handel-

an

or

if

value

par

company's

Committee,

fight

proxy

broker.

January,

176,

candidates.

own

first

same

from the Netherlands Government

9, 1954,

the

nomination

in

said,

Boshell

Mr.

products.—V.

—12 Weeks Ended—

27.

merger

Corp.

in

backlog

a

follows:

Amsterdam.

maximum

a

He

Earnings before

investment

proposed

a

distributors

meeting

—E.

1.00U

are

thereof

his

Chicago

Phonograph
for

April

on

forthcoming

a

Reports Profit of 41 Cents

depositary

Nederlandsche

&

in

$4,687,910

has

company

company's

announced

the

in

1923

Gold

financing

of

florins

value of

par

a

Chilson

was

joined

who

since

Kurtz,

charge

management.

depos¬

shares

for

share

N.

President

Regime—

stockholders.
At
Sidney Koenig, said
so
satisfactory that
1953 may turn out to
be the best year in Webster-Chicago history.
The favorable showing, they pointed out, was made under the present

Chase

The

Back

Distributor-Shareholder

is opposed in its

Remer,

vote

The

the

presently outstanding 102,545,500 florins, par value
ordinary shares of which the company has contracted to purchase
or

to

for

one

ordinary

Ordinary shares of

may
the

with

or

of

rate

numbers above 125,000 (being new share
exchange for shares validated under The Neth¬

in

Radio

not

April 17,
for American

serial

issuable

Maatschappij, N.

son

on

the

C.

slate

be held

management

Martin

Webcor

management

successfully fought

depositary and such share-!
ordinary shares with the

American

one

at

the

the

as

meeting to

The

A

known

group,

that

as

repay
$24,000,000 of bank loans
preferred stock at $110 per share.

Mr.

management of this corporation received assurance of support
April 20 from representatives of 16 of its distributors in 20 cities.

on

ordinary shares.

agreement

their

to
$6

1094.

p.

endorsed

SEC

receipts

value of

deposit

a

the

Algemene

of
par

City of New York

company; as

company

florins

statement with

florins

50

entered

thereunder.

company

itary

has

Bank

jrdinary

for

used

$6,297^21^

of

House.

The

$6.83

(Algemene Kunst-

"A. K* U."-—American depositary

covering

shares

registration

v

be

shares of

with

time, the

that

for

Winn & Lovett Grocery

zljde Unie N. V.), Arnheim, The Netherlands—Registers
With Securities and Exchange Commission—
Corporation filed

to

Webster-Chicago Corp.—Dealers

820.746

1539.

p;

demand

Edward

as

Chilson,

American

51,314
3,077,797
*

annual

United Rayon Manufacturing Corp.

35,000

177,

The

Federal

are

redeem

company.

sales

compared

1952,

present

new

subsidiary

a

contemplated,

reported

definite program has been formulated,

of

Kurtz

Mr.

$5,654,080

51,261

2,462.238

,

Ford

first

proceeds

to

—V.

;.*4,204,000

2,872,611

share

com.

"Excludes

5,195,000

51,261

outst.dg.

The

and

of

the

is

(J. G.) White Engineering: Corp.—Changes in Personnel
Election

1569.

176, p.

plans to sell privately in May
mortgage bonds arid $18,000,000 of
debentures, according to reports, through Kidder, Peabody & Co.

$10,000,000

-

.

2,708,462

—

dividends

Common

5,016,000

$3,772,906

__________

dividends

eommon

5.107,000

-

31,

personnel

of

1931,

Co.,

1167.

$85,664

—

share

common

the

in

production.

Failing

approximately $2,000 000.

no

ever-increasing

93,500

$85,681

per

At

July

industry's
E.

in

President

as

ended

year.

administration.

1949

1950

Fed., state in-

of

change

organized

was

year

preceding

serve

No

the

The

supplies.

179,164

taxes
taxes

carry¬

(& Subs.)—Earns.

1951

which

President

$85,097,554 $67,388,758 $66,860,759 $63,281,618
8,879,906
8,861,710
10,493,884
.9,858,080

taxes

inc.

Foundry Co.

Failing will

fiscal

orders

p.

$159,822

+

1952

...

the

the

Planned1—This company
United Engineering &

the

of

George

♦

$222,955

quarter

Mr.

Failing,
for

65%
the

as

field

$4,805,917

profits

♦Earned

^ -•

1953

income

Federal

least

oil

^

$4,786,688

_

at

operated

additional

Westinghouse Air Brake plans to expand operations of Failing to meet

(& Subs.)—Earnings—

sales—

for

be

Westinghouse Air Brake.

Rhodesia

1583.

p.

will

markets

and

59

.

variety of attachments and supplies.

a

purchases

accounts

Failing
of

Cambridge,

new

Col., mill are operating at
concentrating
mill
at
the
Southern

properties was started in March.—V. 177,

Provision for

$159,822

727.

p.

the

Naturita,

Waldorf System Inc.

pre¬

183,000

_

made

at

also

Although

Profits

taxes...

provision

the

of

♦On 425,900

Profit

furnace

the

quarter

Failing

in

started

be

mining rigs; and

company

of

increase

of

1953

income

third

about

is

Va.,

third

the

Quarter Ended March 31—

Quarter Ended March 31—
Federal

the

W.

them should

for

uranium

and

Construction

Corp.—Earnings Higher—

Profit-before provision for Federal income
for

Graham,

of

company's

Total

Provision

of

at

contemplate

be

to

Keeley reported.
very-low-carbon
fer-

Mr.

installed roaster for processing vanadium-uranium ore
plant at Durango, Col., began operation in March.

newly

Both

com¬

plant

scheduled

are

ahead,

producing

plant.

the

date of 1952.
opinion that second

and

United Cigar-YVhalen Stores

of

for

operation

and

plans

facilities

months

company's

completed,
Present

Ohio,

$0,009

significantly

are

the

the

facilities

beginning

$5,362

producing

during
of

corresponding

management is of the
earnings should equal or exceed
three months' period."—V. 175, p. 1027.

quarter

*

announced

28,

at

three-quarters

at

Feb.

additional

midsummer.

$0.05

amounted

figure

rochromium

5,362

outstanding.

Meyers,

those

operation

construction

The

currently

President, on April
13 further
"shipments currently scheduled for the second quarter
above

and

in

Field

;

$29,930

$0,123

shares

588,838

on

1951

$397,811

share...

per

'Based
John

(after

capacity,

1952

$527,395

—

income..

on

*(1843)

placed

1953

$928,255

:

taxes

taxes

♦Earnings

28—

—

before

Federal

The Commercial Land Financial Chronicle

...

the

stock
■

maintained

met

$562,575
equal

is

now
,

to

out¬

,gC.

at

Westinghouse Air
This

has signed

an

Co.—Acquisition—

agreement

to

purchase

the

3

George

E.

Failing Supply Co., world's largest producer of portable drilling rigs
for oil. water and mineral exploration, Edward O. Boshell, Chairman of
the

Board

ident

Failing,
shallow

and

the

of

rotary

virtual

company

Brake

President

which

type

of

Westinghouse, and George E. Failing, Pres¬

Failing company,

has

portable

production

its

announced

headquarters

truck-mounted

rigs;

large

hole

in

on

April

Enid,

shot-hole

irrigation

16.

Okla.,

rigs;
rigs;

Months Ended March

Profit
Prov.

Net

before
for

income

Fed.

taxes

income

profit
shares

drill

blast

hole

rigs;
rigs;

1,232,995

Earnings

per

-

common

share.

$1,506,258

1,046,047

taxes

outstanding-

manufactures

1952

$3,835,006
2,328,748

$1,190,852

—

—

—

Common

core

1953

31—

964,985

$1.02

$1.41

$2,423,847

60

The Commercial and Financial Chronicle...

(1844)

Monday, April 27, 1953

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

trict bonds

ALABAMA

f

Ala.

Boaz,

t

Fiquett,

E.

10

(CST)

a.m.

issue of $60,000

3!£% jail bonds was sold to Wat-

Co., and Odess,

skins, Morrow &
Martin

Herzberg, both of Bir¬

&

mingham jointly. Due op June 1
from

1953

gality

inclusive.

1967

to

Le¬

Thompson,

by

approved

Dumas, O'Neal & Hayes, of Bir¬

inclusive.

1972

Decatur, Ala.
3oe

City

Pettey,

ceive

until

bids

sealed

will re¬

Clerk,

2

bonds

$163,000 1

b 1 i

p u

bonds.

Due

1963

1954 to

station

Jackson

obligation
equipment

and

a

group

Co., San Francisco,
Bank, of Los An¬

geles, R. H. Moulton & Co.,
San Francisco, Paine, Webber,

from

1

inclusive.

general

155,000

Blyth &
California

June

District

to

Security-First

of

composed

improvement

c

on

is

National Bank of Los Angeles,

follows:

as

sold

were

p.m.

on

rants, divided

fire

&

William R.

Los

re¬

San Francisco, and
Redfield & Co., Los Angeles,
bot,

clusive. Warrants due in 1964

,v

callable

are

3V4S, at

as

a

price of 101.33.

Bend School District,

of June 1, 1963.

ILegality
approved
Bradley, Arant, All
Birmingham.

White,

by

&

of

Rose,

,;' L'.'

ARKANSAS

were

April 14—v.
awarded to
National

America

of

California

177,

Bond

22—

1723—were awarded to

p.

National

of

Bank

and

Chicago,

100.06, a net interest
cost of about 2.325%, as follows:
price

a

of

$360,000

5s.

1957

to

796,000 2s.
1963

1962

21/4S.

from

1

inclusive.

Due on Jan.
1967

to

2,594,000

Due on Jan.

from

1

from 1968 to 1976 inclusive.

Other members of the

syndicate:

Phelps, Fenn & Co., First of Mich¬
igan Corporation, Wood, Struthers
Co., all of New York, William
&

Co., of Chicago, Harris,
Co., F. S. Smithers & Co.,
of New York, Milwaukee Co. of

Hall &

Milwaukee,

Camden, Ark.

»,

Bond

Sale—The

$50,000 sewer
improvement bonds offered April
SO—v. 177, p. 1415—were awarded

the

to

Merchants

Planters

and

Hank, and the Citizens National
Hank, both of Camden, jointly.

♦

Chino, Calif.
Offering — G. C.

Bond

Orange County, Calif.
Sale—The $62,000 build¬

Bond Sale—The $150,000 water
sealed
bonds offered April 15—v. 177, p.
bids until 7:30 p.m. (CDST) on
1415—were awarded to a
group
May 5 for the purchase of $175,000 City Hall bonds. Dated June composed of the California Bank,
of
Los
Angeles, Taylor & Co,,
1, 1953. Due on June 1 from 1954
to
1978 inclusive. Principal and Beverly Hills, and Dean Witter

City

Clerk,

Hank
«&

of

were

awarded

America

National

Trust

Savings

Humboldt County,

1954 to

Daly City,

Savings Association, of San
Ftehcisco, at a price of 100.005,
a-net interest cost of about
3.10%,

bonds

evenue

Schweser

1955

Bond

March

on

1

\ from 1957 to 1964 inclusive.
.53,000 3s. Due on March 1 from

.

.

1965 to

114,000

1967

JPAs.

inclusive.

Due

on

March

1

Jrom 1968 to 1973 inclusive.

JSand Offering—G. A.

Clerk,

will

20
S.

May 1 from

Sills, Fairman & Harris,
Incorporated;
Sheridan
Bogan
Paul & Co., Inc., and New York
Hanseatic Corporation.
Co.;

Danbury (P. O. Danbury), Conn.
Bond
Offering—The Board of
Selectmen will receive sealed bids
until 11

the

R.

Staats &

as

3%s,

40,000 3V2S. Due

on

May 1 from

1969 to 1973 inclusive.
San Luis

Los

District,

divided

Calif.

District

$50,000 build¬

Due

1955 to

side, until 10 a.m. (CDST) on
May 4 for the purchase of $75,©00 building bonds. Dated
May 15,

May

on

price

a

of

100.72,

a

basis of about 3.15%.

p.

1624—were awarded to Hanna¬

ford and Talbot, of San Francisco.

Segundo Unified School District, San Mateo Elementary Sch. Dist.,
Los Angeles County,
(San Mateo County), Calif.
Calif.

El

Chief

Offering
Clerk

sealed

of

—

the

Supervisors
bids

Ray E; Lee,
Board

will

of

receive

Bond

ing,

Offering—John

County

sealed

bids

Clerk,
at

A.

will

his office

Burn¬

receive
in

Red¬

(CDST) wood City, until 10 a.m. (CDST)
on
June 9 for the purchase of on May 5 for the purchase of
$500,000 building bonds. These are $1,000,000 building bonds. Prin¬
the bonds for which no bids were cipal and ihterest (J-D) payable
until

9

a.m.

submitted at the previous offering

April 21.
bids

at the

County Treasurer's office.

Sylvan Union School District,
the bonds for which

are

were

received

April

on

Stanislaus

Bond

County, Calif.
$3,000 school

Sale—The

bonds
offered
April 14 were
awarded to Dean Witter & Co.,
High Sch. Dist.,
of San Francisco, as 3%s, at a
Humboldt County, Calif.
Bond Sale—The $150,000 build¬ price of 100.50.
ing bonds offered April 13—v. 177,
Fortuna

1516

p.

Bank

125,000 2%s. Due
1965 to

were

of America

awarded

to

The

bonds are dated June 1,
Legality approved by Chap¬

man

&

National

&

Trust

15

Lebanon, III.
Sale—An issue of

Bond

3%

sewerage

sold

the

to

$70,000

bonds was

revenue

Gravois

Jefferson

Bank, of St. Louis. Dated Aug. 1,
1952.

Legality approved
&
Trauernicht,
of

by

Charles

St.

McHenry County Community Con¬
solidated School District No. 47

from

(P. O. Crystal Lake), III.

Due

Bond

on

Danbury. Legality
approved by Reed, Hoyt & Wash¬
burn, of New York.

Bond

O'Fallon, III.
Bond

Co.,

Fairfield

O. Fairfield),

(P.

Offering—The

City

Conn.

Board

of

Offering

—

will

Clerk,

Edwin Hesse,

receive

bids until 7 p.m.
29

Selectmen will receive sealed bids

for

the

water works

July

for

on

bonds. Dated

revenue

Bids will

1953.

1,

sidered

sealed

April
$150,000

(CST)
purchase of

be

con¬

mature

bonds to

until 3 p.m. (DST) on May 7 for
the purchase
of $1,475,000 ele¬

on

mentary school bonds. Dated May
1, 1953. Due on May 1 from 1954

(a)

1954 to 1983 inclusive.

to

inclusive.

1973

Interest

July 1 from
clusive., or (b)

M-N.

Gray, Best,

Coolidge

on

July

1 from

Wagner,
receive sealed
(CDT) on May
Gerety, ol
5 for the purchase of $175,000 fire
station
and
equipment
bonds.
Dated May 1, 1953. Due on Dec. 1
of City

& Rugg,

Clerk,

will

bids until 10

Pierce J.

and

1971 in¬

1954 to

Springfield, III.
Offering—Mack

Bond

Legality to be approved by Ropes,

FLORIDA

a.m.

from 1955 to 1963 inclusive. Prin¬

Gallie, Fla.

cipal and interest payable at the
Co., Chicago. Le¬
gality approved by Chapman &
April 20—v. 177, p. 1624—were
Cutler, of Chicago.
awarded to B. J. Van Ingen &
Certificate

Sale —The

revenue

of 98, a

$300,000

certificates offered

as

Northern Trust

4s, at a price

INDIANA

basis of about 4.14%.

Boston

Savannah,
Offering

Bond

Roos, Clerk
receive

(EST)
of

Ga.
Mrs.

Nola

M.

of the Council, will

sealed
on

—

bids

until

3

p.m.

May 5 for the purchase

$1,800,000 bonds* as follows:

$1,000,000
on

sewerage
June 1 from

paying

bonds.

Due

1963 to

sealed bids until 2 p.m. (CST) on
April 28 for the purchase of $58,000
building bonds, divided as
follows:

$34,000

bonds.

Due

Due

sive.

on

24,000 Civil Township bonds. Due
on

Dated

June

1,

1953.

School

Township bonds.
semi-annually from July
1, 1954 to Jan. 1, 1971 inclu¬

1982

June 1 from 1963 to 1982 incl.

and interest

.

Bond Offering — Earl Sheffer,
Township Trustee, will
receive

inclusive.

800,000

Townshop (P. O,

Richmond), Ind.

GEORGIA

Principal

Jan.

1

from

1955

1971

to

inclusive.

(J-D) payable at the

The

bonds are dated
May 1,
Principal and interest (J-J)
option Of the holder, at the fiscal
payable at the First
National
agency of the City in Savannah or
Bank of lUchmond. Legality ap¬
New York City. Legality to be
proved by Ross, McCord, Ice &
approved by Spaulding, Sibley,
Miller, of Indianapolis.
Troutman & Kelley, of Atlanta.

City Treasurer's office, or at the

1953.

Corydon Central School
Corporation, Ind.

HAWAII
Maui County

(P. O.

Wailuku),

Hawaii

Bond

Trust

Cutler, of Chicago.

payable at the City National Bank

CONNECTICUT

the

Dec. 1 from

on

inclusive.

1971

1953.

Union

—

Dec. 1 from

on

1954 to 1964 inclusive.

revaluation

property

bonds.

build¬

$40,000

ing bonds offered April 20—v. 177,

$165,000 2y4s. Due

Sale—The $350,000 build¬
May 15 from ing bonds offered April 21—v. 177,
1954 to 1958 inclusive.
p.
1724 — were awarded to the
Northern Trust Co., Chicago, as
The bonds are dated May 15,
1953. Principal and interest (M-N) 3y4s, at a price of 101.51.

70,000

Obispo), Calif.
Sale—The

Bond

.

$290,000 school

National Bank of Chicago, at a
price of 100.09, a net interest cost
of about 2.56%, as follows:

inclusive.

1973

Counties

Louis.

follows:

as

$1,100,000 Hayestown Ave. School

(P. O. San Luis

21.)

receive

May 5 for

on

of $1,170,000 bonds,

Co., New York,
Obispo County Flood

Control & Water Conservation

Co., of Los Angeles,

at

(These

Pequeg-

(DST)

a.m.

purchase

water

1962 to 1968 inclusive.

ing bonds offered April 21—v. 177,
1723—were awarded to William

no

sealed bids at his office in River¬

2953. Due

April

Robert

on

Bond Sale—The

Davis

Cullom

Kane

bonds offered April 20—v. 177; p.
1625—were awarded to the First

Co.;
Freeman
&
Company;
Farwell, Chapman & Co.; Janney

Eau

inclusive.

54,000 3Y4S. Due

p.

on

Jianning Elementary Sch. Dist.,
Riverside County, Calif.

nat,/pounty

School

Sale—The

County

and 1956.

128,000 2% %s. Due

to

1961

Co., of Omaha.

Downey

Bond

March 1,

offered

awarded

were

as; follows:
on

Calif.

Bond Sale—The $390,000 water

.

p. 1516 — were awarded to the
JBakik af America National Trust

'

receive

Angeles,

Calif.
r Bond Sale—The
$325,000 build¬
ing bonds offered April 13—v. 177,

$3101,000 5s. Due

Shelby

Company;

and

Community Unit High Sch.
Dist. No. 427 (P. O.
Sycamore), III.
\

&

Boston,

Areata Union High Sch. Dist.,

„

Company; McCormick
White & Company,
Incorporated;
First
Securities
Company of
Chicago; Rand &
Co.; J. G.

Bridgeport.

the

to

Association, of San
JFrancisco, as 3V2S, at a price of
101.36, a basis of about 3.33%.
fC

will

& Co., of San Francisco, at a price
(J-D) payable at the City
of 100.01, a net interest cost of
office.
Legality ap¬
about: 3.39%, as follows:
proved by O'Melveny & Myers, of
Los Angeles.
$56,000 3V2S. Due on May 1 from

ing bonds Offered April 21—v. 177,
—

The Ohio

Treasurer's

Bond

1624

Company.

interest

CALIFORNIA
Alamitos School District,

!».

San Clemente, Calif.

Seitel,

The

of Baltimore; Hay den,
Co.; R. S. Dickson & Co.,

ILLINOIS

DeKcdb

of

Inc.; Bacon, Whipple & Co.; F. S.
Smithers & Co.; Julien Collins &

&

■

Burr,

Co.

Stone &

;

.

.

Trust

1

McCormick & Co.,
ford and Talbot, of San Francisco, Burns, Corbett & Pickard, Inc.,
both of Chicago, and Hannaford &
as 3V2S and 3%s.
*
Talbot, of San Francisco.
1723—were awarded to Hanna¬

p.

Loeb

&

First Na¬
Boston; Carl M.
Rhoades & Co.; Mercantile
Bank

bonds.

Jan.

on

Coffin

Braun Bosworth &

Co., Incorporated;
tional

inclusive.

Due

Chicago;

First

headed by the

Halsey, Stuart & Co., Chicago, at

Blair

build¬
ing bonds offered April 20—v. 177,

$3,750,000
April

of

Incorporated;

&

The

—

offered

bonds

syndicate

a

&

Tehama

Calif.
Sale—The $31,000
County,

Sale

Bond

school

of

as

Ipach issue is dated June 1, 1953.

1624—

p.

Bank

Angeles, Hannaford and Tal¬

and thereafter

offered

bonds

177,

Chicago,

Curtis,

Staats & Co.,

funding
warrants.
Due
on
.June 1 from 1954 to 1973 in¬

..

ing
the

v.

School

Union

145,000

May 12 for the pur¬
chase of $318,000 bonds and warfCST)

issue

The

dated April 15, 1953.

Offering—

Warrant

and

Bond

&

inclusive; and $245,000 3V4S,
due on April 15 from 1966 to

mingham.

Bond

Calif.
Sale—The $47,000 build¬

Williams, and Trust & Savings Association, of
Stone &
Youngberg, all of San Francisco, at a price of 100.06,
San Francisco, C. N. White & a net interest cost of about 3.38%,
Co., Oakland, and Fred D. as follows:
Blake & Co., Los Angeles, at
$30,000 3V4S. Due June 15 from
a price of 100.05, a net interest
1954 to 1963 inclusive.
cost of about 3.16%, as fol¬
17,000 3 V2S. Due on June 15 from
lows: $144,000 3V4S, due on
1964 to 1969 inclusive.
April 15 from 1954 to 1958
Sacramento City Unified School
inclusive; $245,000 3s, due on
District, Sacramento County,
April 15 from 1959 to 1965
Levy

son,

'

Bond Sale—An

Co., Merrill Lynch,

Pierce, Fenner & Beane, Law-

O.

County

Savings Association,

Weeden &

on

(P.
Heflin), Ala.

Cleburne

&

Trust

sealed bids
April 27
for.
the
purchase
of
$870,000
natural gas revenue bonds.
until

receive

will

Mayor,

Stanislaus County,

of the

National

America

of

Bank

Offering—C.

Bond

Co.

School District,

Hickman

purchased by

were

syndicate composed

a

'

Offering

—

Band -Offering

—

-

Carlton

Windeil, Secretary of the School
K. K.

Kam.

Board,

will

receive

sealed

bids

Connecticut (State of)
City Treasurer, will receive sealed until 10 -ajn. (CST) on May 1
Savings Association, of San
Bond Sale—The $10,000,000 in¬ bids until 9 a.m. (HST) on May 6 for the
Principal and in¬
purchase of $73,000 build¬
Francisco, at a price of 100.03, a stitutional
terest (M-N) payble at the
building bonds offered for the purchase of $750,000 public ing bonds. Dated May 1, 1953. Due
County
net interest cost of about 3.14%,
Treasurer's office. Legality ap¬
April 23—v. 177, p. 1304—were improvement-1953 bonds. Dated semi-annually from July 1, 1954
proved by O'Melveny & Myers, as follows:
awarded to a syndicate headed by May 1, 1953. Due on May 1 from to July 1, 1961 inclusive. Interest
of Los Apgeles.
$15,000 5s, Due on March 15 from Kidder, Peabody & Co., New York, 1958 to 1982 inclusive. Principal J-J.
Legality approved by Ross,
1955 to 1957 inclusive;^
and
the
Philadelphia National and interest (M-N) payable at McCord, Ice & Miller, of Indi¬
Sarstow School Districts, San
45,000 21/2S± Due on March. 1J5 Bank, Philadelphia, as" 2s,' at a the County Treasurer's office, or
-V'
anapolis.
Bernardino County, -Calif.'
:
^
from 1958 to 1964 inclusive;:
price of 100.94, a ^basis of about at the opt|on: of the. holder, at , the
-'Bend Sale—The.$774,006 school
CrawfordmvilleSchool City, Ind.
27,000 3s. Due on March 15 from 1.89%:
*
Bankers ; Trust
Company, New
bonds offered April 20—v. 177, p.
1965 to 1967 inclusive; ^ \ :
Other members of the syndicate: York City.
Bond Saie-^The 4235,000 build-?
Legality to be ap¬
1978

on

May 15 from 1954 to

&

inclusive.

.

.

_

-

'

•

..

•>

•

v

■

,

.

.

-

:

1723—were awarded

as

follows:-

$634,000 Union High School Dis¬




'63,000
.

- 3%s;
Due on March 15
from 1968 to 1974 inclusive.

White, Weld & Co.; Continental proved by Wood, King & Dawson; ing bonds offered April 8—v> 177,
National Bank & Trust of New York City.
p. 1625 — were awarded to the
: r ; ;.

Illinois

Number 5215

.Volume 177

...

The Commercial and Financial Chronicle

Northern Trust Co., Chicago, and
Elston Bank & Trust Co., Craw-

of

until 8

awarded to the Fletcher Trust

was

Co., Indianapolis, as 2%s.
''

^

■.

Sims

Township (P. O.
Savage), Ind.
Offering — Thomas H.

Bond

Oct

on

Thompson, Township Trustee, will
receive sealed bids until 1 p.m.

(CST)

,

sive.

Jan.

on

from

1

1955

to

1968

inclusive.
The'

bonds
are
dated
May 1,
Principal and interest (J-J)
payable at the Grant County Sav¬
ings Bank, Swayzee. Legality ap¬
proved by Ross, McCord, Ice &
Miller, of Indianapolis.

1953.

to

building
April 18

offered

bonds

revenue

awarded to

were

a group

composed of W. E. Hutton & Co.,

Allyn & Co.,
Chicago, W. L. Lyons & Co., The
Kentucky Co., and O'Neal, Alden
& Co., all of Louisville, as follows:
$98,000 3s. Due

April 1 from

on

138,000 23/4s. Due on April 1 from

149,000 3s. Due on April 1 from

prised

of

to

City

a

group

Securities

com¬

Corp.,

Raffensperger, Hughes & Co. and
Indianapolis Bond & Share Corp.,
all

of Indianapolis, as 37/ss, at a
price of 100.65, a basis of about

1956.

Principal and interest (A-O)

payable
chester

Peoples

State

Company,

Win¬

the

at

Trust

&

Bank

Legality

to

approved

be

by Wyatt, Grafton & Grafton, of
Louisville.

3.82%.
Grant

IOWA
Boone

J. W. Newell,

—

Bond Sale—The

$300,000 build¬

ing bonds offered April 20—v. 177,

Secretary of the Board of Direc¬ p. 1725—were awarded to a group
tors, will receive sealed bids until composed of Charles A. Hinsch
8 p.m. (CST) on April 30 for the & Co., Hill & Co., W. C. Thornpurchase of $875,000 building burgh Co., and Walter, Woody &
bonds. Dated May 1, 1953. Due Heimerdinger, all of Cincinnati,
on

Nov.

from

1

1954

1972

to

in¬

clusive. Legality approved by

.Chapman & Cutler, of Chicago.
Ha war den

School District,

at

$74,000 3V4s. Due on April 1 from

of

the

Board

of

LOUISIANA

for the purchase of

$233,000 school building bonds.
Marion Rural Indep. Sch* Dist.,
Iowa

Bond Sale—The $150,000

ing bonds offered

at

build¬
auction on

April

p.

1724—were

22—v.

awarded

177,
the

to

First

National

Bank of

Marion, as 2%s, at a price
of 101.03, a basis of about 2.64%.

Evangeline Parish, Vidrine Gravity
Drainage District No. 7 (Ville
Platte), La.
Bond Offering—Jack

10

until

bids

(P. O. Leavenworth),

Bond Sale—An issue of $53,000
bonds was sold to Stern

Co., Kansas City.

City

Offering

Clerk,

bids until 9

will

public improvement bonds. Dated

as

—

C.

C.

receive

Ellis,

on

Legality to

Cox

Foley,
Judell, of New Orleans.

&

Bond

Offering

—

Armand

P.

Viator, Mayor, will receive sealed
bids until 5 p.m. (CST) on May
for the

from

purchase of $175,643.33

bonds.

1954 to

Due

May

on

15

1963 inclusive.

St.

Mary

Parish

District No. 2

Water

improve¬

May 1

1963 inclusive,

from

paving
bonds.
1954 to

Bond

Offering—Leonard

Guz-

Secretary of the Board of
Water Works Commissioners, will
receive sealed bids until 1:30 p.m.
on

of $77,500

325,000

May 7 for the purchase

inclusive.

849,651.26 general improvement
food control, series 542 bonds.
Due on May 1 from 1954 to
1963 inclusive.
Dated

May

1,

1953.

Wichita

45,000 utility revenue bonds. Due
on

June

1

from 1956 to

1978

inclusive.

Legality to
Foley, Cox &

Principal be approved by
Judell, of New Orleans.

gality to be approved by Stinson,
Mag, Thomson, McEvers & Fizzell,
of Kansas City.

Indep. Sch. Dist. No.' 1,
Kansas

Offering—L.

E.




will

be

used

to

retire

the

principal amount of
outstanding on the existing

$19,794,000
bonds

44-mile

Maine

extension

to

57-mile

Augusta,

the

state

The

Tangipahoa Parish (P. O.
Amite), La.
Bond

Sale—The $100,000

District No. 6 and Sub-Road

trict No. 1 bonds offered

Road
Dis¬

April 22

at the

$750,000 tax

offered

an¬

April

16

to the Boston Safe

National

ond

Bank

jointly, at 1.287%
on Nov. 24, 1953.

sealed

of

bids

until

11

(DST)
April 28 for the purchase of
$650,000 school bonds, divided as
a.m.

follows:

May 1 from 1954 to 1973 incl.
bonds are dated May 1,
Principal and interest pay¬
at the Day Trust Co., Bos¬

The

able

Thorndike, Palmer

&

Dodge,

of

Boston.
'J

]

Dedham, Mass.
Note

Sale

21

The

—

anticipation

notes

in

awarded

were

each

$300,000 tax
April

offered

blocks

the

to

of

Rockland-

Atlas National Bank, and the Mer¬
chants
National Bank,
both of

the

Boston, at 1.17% discount.

past

five

in

traffic

years

and

been

considerably
of engineers' estimates.

excess

Coverdale

estimated

that

from

new

the

net

the

Maine

will be sufficient to
ments

revenue

Turnpike
all pay¬

cover

to

principal and interest
approximately 1.78
times. For the protection of \he
bondholders, an interest reserve
as

the

on

up

issue

years' interest will be set
exceeding $5 million, in addi¬

tion

to

and

substantial

operating

The

Fitchburg, Mass.
Offering—Joseph G. WolCity Treasurer, will re¬

Bond

and

Colpitts, nation¬
ally known traffic engineers, have

lacott,
ceive

sealed

(DST)

on

bids

until

noon

April 29 for the

reserves.

Dated

$150,000 street construc¬
bonds.
Dated May 1, 1953.
Due on May 1 from 1954 to 1958
inclusive.
Principal and interest
payable
at
the First
National
tion

of

Boston.

Legality ap¬
proved
by v Storey,
Thorndike,
Palmer & Dodge, of Boston.

-

Note

fol¬

until

10

a.m.

April 15,1953. Due

on

April

;from 1954 to 1983 inclusive.
Principal and interest (A-O) pay¬
able

the

at

official

current

bank

of the

City in Chicago, New York:
City or Detroit. Legality to be
approved
by
Miller,
Canfield,
Paddock &

Detroit,,

Stone, of

Gladwin, Mich, u- ',■>
Offering — Richard

Bond

JL

will receive
sealed bids until 8 p.m. (EST). <m
May 4 for the purchase of $200,000 water supply and sewage dis¬
Smith,

City

posal system

Clerk,

revenue

bonds. Dated

March 1, 1953. Due on

May 1 from

1954 to 1990 inclusive. Bonds

ma¬

turing in 1963 and thereafter
callable

of May

as

sure

1, 1956. Prin¬

cipal and interest (M-N) payabl^,
at a bank or trust company to be
designated by the purchaser: Le¬

gality to be approved by Miller,

Canfield,

Paddock

&

Stone,

of

Detroit.
Hamlin

Township Frac. Sch. Dist.
(P. O. Ludington), Mick.
Bond Sale—The $75,000 build¬
ing bonds offered April 17 — v.
No. 1

177, p. 1626—were awarded to the
First
on

of
bid

a

Michigan Corp., Detroit,
reflecting a net interest

cost of about 3.21%.

Midland, Mich.
Offering—Weyant Pangs
City Clerk, will
receive
.

Hopkinton, Mass.
will

bids

April 28 for the -pur¬
of $650,000 general publie
improvement
series
R
bondson

pur¬

chase of

Bank

sealed

(EST)

chase

maintenance

construction

new

Witherspoon, City Controller, will
receive

ton. Legality approved by Storey,

Turnpike was
opened to traffic in 1947 and for

earnings have

Detroit, Mich.
Bond Offering — John H.

15

$500,000 school bonds. Due on
May 1 from 1954 to 1973 incl.
150,000 school bonds. Due on

1953.

MICHIGAN

Due

on

$150,000
present

Hanover Bank, New York
City. Legality to be approved by
Storey,
Thorndike,
Palmer
&
Dodge, of Boston.

Boston,

discount.

Burlington, Mass.
Offering—Orray Skelton,
Treasurer,
will
receive

Bond
Town

cost

a new

61

Deposit & Trust Co., and the Sec¬

Turnpike, and to
of constructing a
9-mile Portland By-Pass and spur
the

Offering—Ernest F.

Bond

Fec-

horn,

teau, Town Treasurer, will receive
style and character of the
sealed bids until 5 p.m. (EST) on
sealed bids c/o the Framingham,
Maine Turnpike which
Trust Co., Framingham, until 11 April 29 for the purchase of $228,has become known as one of the
000 special assessment bonds, as
a.m.
(DST) on April 29 for the
safest and most modern super¬
follows:
purchase of $35,000 water notes.
highways in the country.
The
Dated May 1, 1953. Due on May 1 $27,000 sanitary sewer improveover-all length of the new inte¬
from 1954 to 1960 inclusive. Prin¬
ment-1953 bonds. Due on Oct.
grated Turnpike will be about 110
1 from 1954 to 1958 inclusive.
cipal and interest payable at the
low the

present

as

result

a

of the

new

ex¬

First
National Bank of Boston.
201,000 street improvement 1953
Approximately 98% of Notes will be
bonds. Due on Oct.
1 from
prepared under the
the area of Maine containing ap¬
1954 to 1958 inclusive.
supervision of and certified as to
proximately 80% of the state's
genuineness by the Director of
Dated
May 1, 1953. Principal
population lies north of Portland.
Accounts, Massachusetts Depart¬ and interest
(A-O) payable at the
Other members of the under¬
ment of Corporations
and Tax¬
City Treasurer's office. Legality
writing 1 group
include
R. W. ation.
to be approved by Miller, CanPressprich & Co.; F. S. Moseley &
North Andover, Mass.
field, Paddock & Stone, of Detroit.
Co.; Blair, Rollins & Co., IncopoBond Offering—James J. Maker,
Mills Township Sch. Dist. No. 1
rated; Bear, Stearns & Co.; Union
Town
Treasurer,
will
receive
Securities Corporation; C. J. De(P. O. Route 3, Midland),
sealed bids c/o of the Second Na¬
vine
&
Michigan
Co.; Salomon Bros. &
tional Bank of Boston, 111 Frank¬
Bond Sale—The $45,000 build*
Hutzler; Phelps, Fenn & Co.; and
lin St., Boston, until 1 p.m. (DST)
A.
C. Allyn and Company, In¬
ing bonds offered April ,22—v.
on
April 30 for the purchase of 177, p. 1725 — were awarded to
corporated.
$1,400,000 school project bonds. the Midland National Bank, Mid*
Dated June 1, 1953. Due on June
MARYLAND
land, as, 3%s, at par.
1
1 J
tension.

Cumberland, Md.
Offering—Roy W. Eves,
Mayor, will receive sealed bids
until noon (DST) on May 11 for
the purchase
of $200,000 water
improvement bonds. Dated May 1,
1953. Due

on

May 1 from 1955 to

inclusive/ Legality approved

1971

meyer,

Barton, Yost &

Dank-

of Baltimore.

Attleboro, Mass.
Note Sale—The $300,000 notes
offered April 21—v. 177, p. 1724—
were

tional

awarded

Bank

of

the

to

1

from

First

Na¬

1954

the Second National Bank of Bos¬
ton.

1.35%

Boston, Mass.
Bond Offering—Daniel M. Dris-

Bank

(DST)

on

May 12 for the purchase of $1,845,000 bonds, divided as follows:
$760,000
Due

voting machine bonds.
April 1 from 1954 to

on

1963 inclusive.

bridge

bonds.

Due

on

construction
April 1 from

1954 to 1973 inclusive.

435,000 building and land acqui¬
sition bonds. Due on April 1
from

The
1953.

1954

bonds

to

1973

inclusive.

dated

April 1,
Principal and interest pay¬

able at the

are

of

Boston, at

1.34%

Sch. Di$t., Mich
Clare Boldt,
Secretary of the Board of Educa¬
Note

Offering

—

Sale—The

offered April

$750,000

notes
awarded in

17 was
equal amounts of $375,000 to the

Miller,
Canfield,
Stone, of Detroit. »

by

Waterford

Quincy, Mass.
Note

approved
Paddock &

discount.

Township Sch. Dist.

(P. O. Route No. 4, Pontiac), Mich.
Note Sale—The $50,000 tak an¬

ticipation notes offered April 16
177, p. 1517—were awarded
to
the
Pontiac
State Bank,' at

Co., Dedham, at 1.21% discount.

2Vz%

Shawmut Bank of

City Treasurer's office.

Bos¬

—v.

of

coll, City Treasurer, will receive
noon

Romeo Community

Legality approved by Storey,
tion, will receive sealed bids uptil
Thorndike, Palmer & Dodge, of 8
p.m. (EST) on April 29 for the
Boston.
purchase of $23,000 notes. Dated
May 1, 1953. Due on April 1, 1954.
Northampton, Mass.
Note Sale—The issue of $400,000 Principal and interest payable at
notes
offered
April
15
was such place as may be agreed upon
awarded to
the Merchants Na¬ with the purchaser. Legality to be

National

until

inclusive.

1973

ton, and the Norfolk County Trust

Boston, at

discount.

bids

to

Principal and interest payable at

tional

MASSACHUSETTS

650,000

—v.
177, p. 1517—were awarded
Wilbur, to Scharff & Jones, of New Or¬
^Secretary-Treasurer of the Board leans, as 4s.

Bond

,

bonds

sealed

Dated June 1, 1953.

and interest (M-N) payable at the
State Fiscal Agency, Topeka, Le¬

income taxes.

awarded

were

exempt,

Proceeds from the sale of these

bonds, as follows:

general, obligation fire
building,
series 543
bonds. $32,500 public improvement bonds.
Due on June 1 1955 to 1978
Due on May 1 from 1954 to
1973 Inclusive.

Federal

(P. O. Box 689,

zino,

(CST)

j

ent

by Niles,

Works

Morgan City), La.

internal

Interest

Bond

follows:

ment curb and gutter,
and sewer, series 544
Due

April 1 from

sealed

a.m.

$3,034,861.96

on

by

approved

paving

(CST) on April
28 for the purchase of $4,209,513.22
bonds,

p.m. (CST) on May
purchase of $20,000

April 1, 1954. Due

4

Wichita, Kan.
Bond

of Com¬
receive sealed

New Iberia, La.

school

&

2

the

for

13

Kansas

Bros.

will

missioners,

be

Leavenworth County School District

C. Fruge,

Secretary of the Board

1955 to 1963 inclusive.

KANSAS

No.

1978 inclusive.

1963 to

Di-

is

bonds

1955.

ticipation notes

in the
opinion of counsel, from all pres¬

on

miles

226,000 3v2s. Due on April 1 from

rectorsj will receive sealed bids
until May 21

1962 inclusive.

1955 to

Iowa

Bond Offering—Fred F. Vernon,

Secretary

price of 100.17, a net interest
of about 3.47%, as follows:

a

cost

the

for

opened

be
1,

of two

town), Ky.

Independent Sch. Dist., Iowa

Bond Offering

Williams-

(P. O.

County

to

June

capital.

1970 inclusive.

1966 to

by

and

Turnpike which

new

expected

traffic

tolls

both the exist¬

to U. S. Route 1 and

1965 inclusive.

1960 to

is

the

of

revenues

cover

1959 inclusive.

1955 to

from

ing and the

C.

A.

1,

awarded

payable

other

Stoney Creek Township School
155,000 3V4s. Due on April 1 from
1971 to 1973 inclusive.
Building Company, Inc. (P. O.
Lapel), Ind.
The bonds are dated April 1,
Bond Sale—The $500,000 school
*1953. Due on April 1 from 1955 to
revenue first mortgage bonds of¬
1973 inclusive. Bonds maturing in
fered April 20—v. 177, p. 1625—
1957 are callable as of April
were

Turnpike Authority, Me.
$75,000,000 Bonds Marketed —

1973

(P. O.
Winchester), Ky.
Bond Sale—The $540,000 school

Cincinnati,

20,000 Civiji Township bonds. Due

1954

Clark County

lows:

School Township bonds.
Due semi-annually from July
1, 1954 to Jan. 1, 1968 inclu¬

from

1

KENTUCKY

on

$57,000

Brockton, Mass.
Note Sale—The

Maine

are

May 11 for the purchase
$77,000 bonds, divided as fol¬

of

p.m.

Offering
of
$75,000,000
Maine
Turnpike Authority 4% Turnpike
inclusive. Principal and interest Revenue
Refunding and Extension
(A-O)
payable
at
the
State Bonds due Jan 1, 1989 was made
Treasurer's office in Topeka. Le¬
April 24 by a nation-wide bank¬
gality to be approved by Depew, ing group of 237 members headed
Stanley, Weigand, Hook & Curf- by Tripp & Co., Inc., New York,
man,
of Wichita, and of Wood, and Stifel, Nicolaus & Co., Inc.,
King & Dawson, of New York St. Louis.
City.
The bonds are priced at par and
Due

building bonds offered March 13

MAINE

Education, will receive sealed

bids

(CST) on May
fordsville, jointly, as 2s, at a price 18 for the purchase of $3,000,000
of 100.63, a basis of about 1.90%. building bonds. Dated July 1,1953.
Loogootee School City, Ind.
Bond Sale—The issue of $31,000

(1845)

Weston, Mass.

interest,

Sale—The $102,000 water
bonds offered April 22—v. 177, p.
1724—were awarded to the Union

1.80s, at
of about

a

Corp., New York, as
price of 100.10, a basis

1.78%.

Worcester, Mass.

th£ First National Bank of Bos¬
at 1.179%

The
1953.

notes
Due

on

discount.
dated

MINNESOTA
Bird Island, Minn.

Bond

Burrell,

obligation paving, curt>
improvement bonds.
Dated June 1, 1953. Due on Jan.

.

-

and

1 from 1955 to

after

1963.

cipal and interest payable at the Sey,

Boston, or

gutter

1974 inclusive. The

bonds maturing

April 22,

First National Bank of

Offering—Jay S.

Village Clerk, will receive sealed
bids until 8 p.m. (CST) on April
30 for the purchase of $200,000'

Nov. 5,, 1953. Prin¬

are

premium

general

Note Sale—The $1,000,000 notes

offered April 21 were awarded to

ton,

a

k ;;

Bond

Securities

plus

$5.

are

in 1964 and there¬
as of
Jan. 1,

callable

Legality approved by Dpr-

Colman, Barker,
Barber, of Minneapolis.

Scott
;

.

&.
.

62

The Commercial Und Financial Chronicle

(1846)

St.

Chippewa County (P. O.
Montevideo), Minn.
Offering-—Neil G.

Bond

on

until

bids

2),

177,
a

1518—were

p.

Co.,

build¬

14

—

awarded

of J.

composed

group

&

1954. Due on Jan. 1 from 1955
to
1959 inclusive. Principal and
1,

Bank

Minn.

ing bonds offered April

a.m.

1518—were

I, Box 286,

Sale—The $102,000

Bond

will

11

bonds offered

County Indep. Sch. Dist.

Duluth

Miller,

receive
(CST)
May 2 for the purchase of $20,county fair bonds. Dated Jan.
Auditor,

County
sealed

Louis

No. 6 (P.O. Route

Land

State

the

to

&

First

Harrison (P. O. Harrison), N. Y.

National

Trust

wood.

NEBRASKA

Seward, Neb.
Bond Sale—The

(M-N) payable

Citizens

Bond Offering—Alfred F.
Sulla,
Company, Ridge- Jr., Town
Supervisor, will receive
Legality to be approved by sealed bids until 11
a.m. (DST) on
Hawkins, Delafield & Wood, of
April 28 for the purchase of $403,New York City.
000
public
improvement
1953

Commissioners, as

to

Co., and

the

at

Bank

31/4S, at a price of par.

v.

Dain

M.

Allison-Williams

of

April 15—v. 177, p. cipal and interest

awarded

Runnemede

following bonds

Bond

School

District, N.

bonds.

J.

Sale—The $100,000

Bond

build¬

177,

1517—were

p.

Piper,

Jaffray

Minneapolis,

awarded

a

and

School

of

City

Clerk,

Tail

Counties

29

for

the

'

from

sealed
April

a

composed of E. J. Prescott & Co.,
Minneapolis, Huran & Moody,

of

&

Kalman

Paul, at
interest

Co., both of St.
of 100.09, a net

price

a

cost

of

about

Bond

group

3.19%,

Mayor,
the

1964 inclusive.

Due

3s.

1965 to

1974 to

from

inclusive.

1973

46,000 31/4S. Due

Hopkins,

Note

Miss.

Pontotoc,
Hall

Sale

The

—

ceive

$65,000 City

bonds offered April

14 were

of

Co.,
Cady & Co., of
jointly, on a bid re¬
net interest cost of

Memphis, and

flecting

a

Offering

—

Walton R. L.

Taylor, City- Manager, will receive
sealed bids until 8 p.m. (CST) on

May 4 for the purchase of $256,000
improvement bonds.
Dated
May 1, 1953. Due
to

Town

Clerk,

will

sealed

improvement bonds. Due serially

Principal

from

1954

inclusive.

1963

to

bidder. Legality approved >• Bond Sale—The $30,000 general
by Faegre & Benson, of Minneap¬ obligation bonds offered April 21
awarded

were

olis.

to

J.

Co.,

County Indep. Sch. Dist.
(P. O. Spring Grove),

of Vicksburg,
price of 100.53.

Minnesota

Hickman

G.

3V4S,

as

at

a

re¬

and

Silby Counties Joint

Ind. Cons. Sch. Dist. No. 82

-

(P. O. Winthrop), Minn.

Kansas

bonds

177,

offered

April

1626—were

p.

15—v.

awarded

to

the Allison-Williams

neapolis, at
interest

a

cost

Co., of Min¬
price of par, a net

of

about

2.52%,

as

follows:

$210,000 2.40s. Due
1955

to

1965

1966 to

Dec. 1 from

on

on

Dec.

until

from

1955

13

sive.

Bonds

thereafter

for

the

pur¬

maturing in 1964 and

are

callable

as

of June

1, 1963.
Principal and interest
(J-D) payable at the Commerce
Trust

(CST)

p.m.

to

1958

Co., Kansas City.

Legality

approved by Stinson, Mag, Thom¬
son, McEvers & Fizzell, of Kansas

MONTANA

on

inclusive.

Gilbert,

Jr. City Clerk, will receive sealed
bids until 8 p.m. (MST) on
for

6

the

purchase

of

May
$110,000

improvement bonds. Dated
July 1, 1953. Interest J-J.
sewer

Froid,
Bond Offering

Town

Clerk,

olis.

receive

sealed

on

—

Tillie Hohen-

bids until June 2 for the pur¬
chase of $54,000 bonds, as follows:

C.

p.m.

Dated

June

1

June

and

1,

Dec.

1

1953.

1954

June

1,

callable

1964

and

32,000 storm

for

1968

to

Dated

sewer

of

Board

the

Libby), Mont.
Offering—Mrs. Elizabeth

thereafter

are

ceive

sealed

bids

until

7:30

re¬

p.m.

—

Sale—The

at

price

a

of

York

will

inclusive* ^Principal

30

$1,508,000

receive

on

clusive.
and

Offering-4<cjarl

G.

Due

and

various

Bonds

from

(M-N)
turers

1966

at the

group

Roem-

New

York, J. B. Hanauer & Co.,
Bros., Inc., both
of Newark, taking
$698,000 bonds,
as 3V4S, at a price of
100.29, a basis

Bond

and Van Deventer

177,

ceive

Township
sealed
on

Clerk,

bids

May

p.

New

Denville Township (P. O.

Kelly,

bonds

of

20

will

until

for

B.
a

■

Co.,

Offering

p.m.

Ricotta,

the

pur¬

sealed bids until

City

on

May

for

7

fire

May 1 from 1954 to 1963 inclusive.
Principal and interest (M-N) pay¬

bonds.

able

Plans
—The

on

Iron

Rock,

Bond Offering
ger,

Borough

—

N.

$125

Million

Bond

Sale

decided

on

May

5

as

the

for

considering bids on an
offering of $125,000,000 bonds to
mature serially from 1954 to 1983
inclusive.

The

tablished

to

to

Authority

undertake

was

es¬

construc¬

tion and operation of

a toll high¬
from New York City to Buf¬
falo and, in this connection, has
already bprrowed $60,000,000 on

way

Y.

temproary basis from a group of
banks,
including
the
National
City Bank and the Chase National

—

3:30 p.m.

the

(DST)

purchase

halMnd

of

apparatus

Dated

May

15

Bank. The Authority's bonds are
fully guaranteed by the State of
New

May 15, 1953. Due
from., 1954

to

1970

Elmira

Ruth G. Ster-

Clerk, will receive,

Housing

Authority,

N.

Y.

of

May 18, 1953. Due^Nov. 18, 1953.
Bid

of

forms
the

are

available

Housing

May

Authority's offiealn Elmira.

.

Comptroller,
6

537,370
as

for

the

will

bond

-

receive

(DST)

purchase

of

anticipation

on

$!,-

notes,

follows:

$632,800 notes. Due
904,570
1954.
-

the

ap¬

Niagara Falls, N. Y.
Offering—E. T. Creagh,

sealed bids until 2 p.m.

270

Broadway, New York City, or at

first

in the long-term capital

The borrowing
capacity^
Authority is $500,000,000.*

the

City

at office

Division,

forthcoming
its

.

sealed bids until 8:30 p.m.

(DST) sion of Housing will receive sealed
on
April 27 for the purchase of bids until April 30 for the pur¬
$280,000 improvement bonds, as chase of $1,445,000 notes. Dated

the

mark

market.

Note

Note Offering—The State Divi¬

.

and

will

pearance

Wood, of New York City.

J.

York

offering

Principal and interest
(M-N) payable artthe City Treas¬

Morristown.

Glen

York State Thruway
Authority, N. Y.

Authority is understood to

have

Inc.,

inclusive.

National

New

Joseph
J.
Clerk; will receive

8

$250,000

First

York

Sale—The $4,000,000 notes

a

Bond

re¬

bonds. Dated May 1, 1953. Due

the

Housing Authority,

Hutzler, New York, at 1.72% in¬
terest, plus a premium of $69.

as
2l30s; at a price
basis'"of about 2-28%.

Dunkirk, N.

R.

awarded

of

offered April 21—v. 177, p. 1725—
awarded to Salomon Bros. &

23—v.

&

Bank

Legality
ap¬
Vandewater,
Sykes,
Galloway,
of
New

were

Town

April

Gibbons

York,

100.07,

on

at

Note

Y.

$90,000

offered

1725—were

George

about 3.21%.

Denville), N. J.
Offering—Mrs. Claire

Sale—The

Hall

are

Square.

New

Manufac¬

Cornwall), N.

of

inclusive,

Franklin National

Trades

(P. O.

1979

to

York City

date

Cornwall

New

Bond

the

at

1980
as

of April

as

Franklin

Trust Com¬
pany, Buffalo.
Legality to be ap¬
proved by Reed, Hoyt, Taylor &
Washburn, of New York City.

composed of Boland, Saffin & Co.,
B. J. Van Ingen &
Co., both of

of

payable
and

in

callable

are

1, 1965. Prin¬
cipal and interest (A-O) payable

inclusive.

Township School District
(P. O. Rahway), N. J.

maturing

thereafter

callable

May 1 from 1954 to 1983
Principal: and interest

on

a.m. (DST)
purchase of

April 1, 1959, and those maturing

Schadt, of Jeffersonville.

Bond

the

Dated

by
Cheektowaga Uni&lt Free Sch. Dist. proved
Heckler
&
No. 2 (P. O. Buffalo 25},
York City.
New York

$2,-

10:30

for

improvement
April 1, 1953. Due
April 1 from 1954 to 1988 in¬

bonds.

April 1 from 1954

on

April

on

Brown,

Legality approved by Frederic W.

Clark

a

;

/

sealed bids until

Katmeonga), N. Y.

machinery bonds. Dated April
1958

V.

City.

1626—were awarded to

2JAs,
basis of

a

Long Beach, N. Y.
Bond Offering—Francis P. Cal¬

YORK

Superviser,

inclusive.

of New

water

"

Principal and er, President of the Board of Edu¬
(M-N)
payable at the cation, will receive sealed bids
First Camden National Bank & until 3
p.m.
(DST). pn April 30
Trust Co., Camden. Legality ap¬
for
the
purchase
of
$1,450,000
proved by Hawkins, Delafield & building bonds. Dated
May 1, 1953.

Wood,

$60,000

100.06,

about 2.24%.

Legality ap¬
by Hawkins, Delafield & urer's office. Legality to be ap¬
Wood, of New York City.
proved by Hawkins, Delafield &

July 1, 1953.

of June

Horseheads, N. Y.
Bond

interest (A-O) payable at the Na¬
tional Bank of Liberty, Liberty.

of

of

1626—

p.

a

bonds offered April 22—v.
177, p.
1725—were awarded to the Elmira
Bank & Trust Co., Elmira, as

the

proved

maturing H. Heisel, District Clerk, will




000

receive

purchase

177,

to

Co., all of New York, as 2V2S, at a
price of 100.27, a basis of about
2.44%.
#

(DST) on
1 for the purchase of $16,-

May

O.

will

$275,000 Atlan¬

District bonds of¬

awarded

and

at

Hempstead),

York

group com¬
posed of C. J. Devine & Co., Fran¬
cis I. duPont & Co., and
Tilney &

sealed bids until 3 p.m.

to

1, 1960. Prin¬ (MST) on June 1 for the purchase
cipal and interest (J-D) payable of $235,000 school bonds. Dated follows:
at
a
banking institution desig¬ July 15, 1953.
$30,000 sewer bonds.
nated by the successful bidder.
Three Forks, Mont.
250,000 general bonds.
Legality approved by Faegre &
Bond Sale
The $9,000 fire
Dated May 1, 1953. Due on
May
Benson, of Minneapolis.
truck
purchase
and
equipment 1 from 1954 to 1973 incl. Prin¬
as

Town

S.

the

O.

April 21—v.

interest

Bank,

bonds.

(P. O.
Bond

payable

Bond Offering-^lyan A.

375,000 general bonds. Dated May
1, 1953. Due on May 1 from 1954

Lincoln County Sch. Dist. No. 4

Due

from

to 1968 inclusive. Bonds

Clerk

pur¬

lahan, City Treasurer, will receive

1, 1953. Due

Freeholders,

7

Principal

.

(P.

were

Dated May
May 1 from 1954

NEW

Bank

Albert

p.m.

the

1982 inclusive. Prin¬

tic Beach Park

Cald\yell,
Marshall,
Mitchell, of New York.

Bethel (P. O.

Mount

—

1954 to

fered

June

sealed bids until 2 p.m. (DST) on

May

by

chase of $180,000 sewer assessment

ed

Minn.'

(CST) on May
5 for the purchase of
$280,000 gen¬
eral obligation street and sewer
bonds.

Marvel,

(DST)
Laurel, Mont.
Bond Offering

Arestad,
Village Clerk, will receive sealed $22,000 City Hall bonds.
8

Co.,

Offering

Chosen

Mit¬

&

National

bonds.
on

re¬

2:30

for

$700,000 building bonds.
May 1, 1953. Due on Nov. 1

Bond Sale—The

bonds.

on

(M-N)

Trimble &

City.

Bond

Gustin Fjisuk,

—

will

dorf, City Clerk, will receive seal¬

until

drain

1953. Due

the Union National

at

Trust

Mont.

system bonds.

Legality ap¬
Dorsey, Colman, Bar¬
ker, Scott & Barker, of Minneap¬
proved by

bids

water

until

29

New

improvement

June- 1,

April

on

Hempstead

Toms

by Cald¬

Trimble

inclusive.

proved

Holly,
Le¬
gality approved by Caldwell, Mar¬
shall, Trimble of Mitchell, of New

p.

Dillon, Mont.
Offering—W. G.

the successful bidder.

Offering—H.

a.m.

Sale—The $700,000 build¬
ing bonds offered April 20—v. 177,

Principal and interest payable at
any suitable bank designated
by

Bond

able

of

Bank; South Am¬
boy, or at the South Amboy Trust
Co., South Amboyi-Legality ap¬

from

&

1963

First

will

11

bridge

storm,

Dated

until

Principal

Bank

apparatus

interest

May 5 for the purchase

on

$249,000

City.

bids until 8 p.m. (MST) on May 8
for the purchase of $52,000 w&ter

Sacred Heart,

O.

Treasurer,

bids

County (P.
Camden), N. J.

June 1 from 1963 to 1978 inclu¬

Bond

May 4 for the purchase of $250,000 general obligation water works
and sewerage improvement
bonds.
Dated May 1, 1953. Due on
May
*1

May

on

1 from

Iron, Minn.

7:30

(DST)
of

County
sealed

inclusive.

Marshall,

1, 1953. Due

Bond

Bond Offering — Albert
Fiola,
Village Clerk, will receive sealed
bids

(CST)

1969 inclusive.

Mountain

fire

(P.

bids

(J-D)4payable at the

(DST) on
May 6 for the purchase of $25,000

JERSEY

County

Dist.

Legality approved by Vande¬
water, Sykes, Heckler & Gallo¬
way, of New York City.

sealed bids until 8 p.m.

and

11, 1953.

Camden

inclusive.

80,000 2.70s. Due

receive

City, Mo.

chase of $8,500,000 water revenue
bonds.
Dated June 1, 1953. • Due
on

Bond Sale—The $290,000 build¬

ing

1953

Sch.

of

from

on

Bond
Offering *— George A.
Kress, City Treasurer, will receive

Holly), N. J.
Offering — J. Mitchell

Bond

York

jected the bids submitted for the
Bond
Offering — Rollin
F.
$390,000 building bonds offered Agard, Director of
Finance, will
April 16—v. 177, p. 1517.
receive sealed bids until 2 p.m.
McLeod

pur¬

30,

receive

South Amboy, N. J.

$500,000 tax anticipation
April

1958

National

a.m.

Dec.

Bintliff,

MISSOURI
District

—

11

Dated

on

until

<1954 to 1968 inclusive.
Principal and interest (J-D) pay¬

cessful

Bonds Not Sold

bids

NEW

1

Consolidated Sch. Dist. (P. O.
V
Waynesboro), Miss.

interest payable at any suit¬
able bank designated by the suc¬

No. 54

due

and

Wayne County, Bucatunna Special

to

re¬

April 28 for the

on

of

notes.

Herring,

bids until 7 p.m. (CST) on May 5
for the purchase of $25,000 street

and

Houston

(DST)
chase

will

Mount

receive

Dated

chell, of New York City.

P.

to

May 1 from

on

inclusive.

1963

sealed

Ruleville, Miss.

Minn.

chase

interest

well,

James

—

City Treasurer,

Burlington
Bond Offering—H. Lee

Bond

Offering

Free

EugeneT A.

sealed

Heights, N. J.

River. Legality approved

Manchester, N. H.

water

Union

D'lmperio, District Clerk, will

assessment^ bonds. Dated
1, 1953. Due pn June 1 from

1954

May 5 for

on

of

son.

and

HAMPSHIRE

NEW

Galloway,

sewer

First

bids

&

No. 6 (P. O. Harrison), N.Y.
Bond
Offering —

Wood,

(DST)

in¬

cipal and interest (M-N) payable
at the Rye National Bank, Harri¬

June

about 3.26%.

inclusive.

1983

sealed

Heckler

Harrison

Offering—Adgust C. Spier,
Treasurer, * will

Due

1968

May 6 for the purchase of $45,000

Liston,

Principal,
will
receive
sealed bids until May 11 for the
purchase of $345,000 school bonds.

Bourne,

Columbus,

April 1 from

on

Smith,

$400,000

of

Offering—Lincoln

School

awarded to M. A. Saunders &

April 1

on

M.W.

Bond

Sykes,

ceive

sealed bids until 8 p.m.

County,

1, 1953.

1960 to

New York City.

approved
&

from

Principal
and
interest
(M-S) payable at the Rye Nation¬
al Bank (Harrison
office). Legal¬
ity to be approved by Vandewater,

(DST)

Seaside

Bond

Borough

bonds.

as

April 1 from

on

(CST)

Optional

years.

Paradise Sch. Dist.
(P. O. Las Vegas), Nev.

Due

Miss.

—

receive

purchase

revenue

Bond

1956 to

27,000

will

until 7 p.m.

Jh^lows:
$27,000 2MiS. Due

Offering

10

NEVADA
Clark

$75,000

of

bonds.

Booneville,

ing bonds offered April 16—v. 177,

1954

on

1972 inclusive.

1954 to

in

Legality

Hawkins, Delgfield
City.

by

1

clusive.

of York

May 1, 1958.

Sale—The $100,000 build¬

p.'"1517—were awarded to

and

purchase

obligation

general

(P. O. Ashby), Minn.

Miss.

(CST)

a.m.

ally

Camden.

Co.,

May 1, 1953. Due seri¬

Cyril Glover,

receive

will

bids until 10

Otter

Jt. Ind. Cons. Sch. Dist. No. 8

Bond

District,

Bond Offering—J.

price of

a

basis of about 3.18%.

100.16,
Grant

Bay St. Louis Municipal Separate

to

Hopwood,

&

3.20s, at

as

Dated

bonds.

paving

district

97,000

MISSISSIPPI

v.

—

Dated March

March

on

Offering

Evelyn C.
Piper, Jaffray & Hopwood, all of aggregating $216,000 were awarded White, District
Clerk, will receive
interest payable
at any suitable Minneapolis, at a price of 100.16, to the Kirkpatrick-Pettis Co., of sealed bids until 8.
p.m. (DST) on
bank designated by the successful a net interest cost of about 3.41%,
Omaha, as 2%s:
May 14 for the purchase of $95,bidder. Legality approved by as follows:
000 building bonds. Dated May 1,
$119,000 intersection paving bonds.
Briggs, Gilbert, Morton, Kyle & $42,000 3V4S. Due on April 1 from
1953. Due on May 1 from 1954 to
Dated April 1, 1953. Due on
Macartney, of St. Paul.
1956 to 1963 inclusive.
April 1 from 1954 to 1963 in¬ 1972 inclusive. Principal and in¬
60,000 3V2S. Due on April 1 from
Grant County Indep. Sch. Dist.
clusive.
Optional
April
1, terest (M-N) payable at the First
1964 to 1971 inclusive.
Camden National Bank & Trust
No. 33 (P. O. Barrett), Minn.
1958.
ing bonds offered April 16

Monday, April 27, 1953

...

Dated

and

notes.
•

on

Due

Jan. 1, 1954.
on

May. 15,

'

May 15, 1953. Principal
interest payable at the office

Number 5215

Volume 177

of

bank

any

in

located

trust

or

State

the

The Commercial and Financial Chronicle

...

company

which

the

purchaser may request. Legality
to
be approved by Vandewater,
Heckler

Sykes,

New York
'

of

Galloway,

&

Union

School

District

No.

2

Free

000

1953. Due
1982

O.

(P.

Schrimpf, District Clerk, will re¬
bids

sealed

(DST)

on

of $475,000

until

3:30

p.m.

May 7 for the purchase
building bonds. Dated

from 1954 to

Bank,

Owego.

Legality

by'Vandewater,

Galioway, of

City.

Sykes,

New York

Delafield

&

Wood, of New York

Ossining, N.

public
buildings, playgrounds and judg¬
ment bonds offered April 21—v.
177,

1626

p.

Wm.

Pollock

E.

York,

2s, at

as

awarded to

were

—

&

of

Co.,

Water

Parma

receive

sealed

bids

District

Town

Worden,
receive

(P.

until

noon

G.

bids

until

4

p.m.

April 30 for the

chase

of

bonds.

Dated

Woodbury Water Dist.
(P. O. Highland Mills), N. Y.

Bond

of

Hilton,

proved

by

Heckler

Hilton.
Legality ap¬
rVandewater,
Sykes,

and

Galloway,

of

New

York.

Peekskill, N. Y.
Bond Sale—The $650,000
bonds

offered

3.20s,

as

April

Moreno,

Village

receive

(DST)

Treasurer,
until

April 29

on

chase

of

$19,300

J.

will

2

p.m.

the

for

pur¬

bonds.

sewer

Dated May 1, 1953. Due on May 1
from 1954 to 1981 inclusive. Prin¬

cipal and interest (M-N) payable
at the County Trust Co., Pleasant¬

New

Bond

Fire

District

Prattsville),
Bond

Sale

N.

(P.

O.

Y.

bonds

177,

p.

$15,000 fire
equipment bonds offered April 15
—v.
177, p. 1626—were awarded

Scipio, Venice and Ledyard Central
.

Bond

4

New

(P. O. Scipio),
York

Offering—Sidney Landon,

President

of the Board of Educa¬

tion, will receive sealed bids
til

2

the

(DST)

p.m.

un¬

April 28 for

on

purchase of $559,000 building

bonds. Dated

May 1, 1953. Due

on

May 1 from 1954 to 1983 inclusive.

Principal and interest (M-N)

pay¬

No.

2

offered

April

awarded

to

(P.

Offe£ftig—W.

chase

on

of

bids

until

O.

1, 1953. Due
1962

on

afifiis office

(M-N)

National

Union

2

p.m.
pur¬

highway

im-

cello.

May 1 from 1954
Principal and
payable
Bank

of

at

the

Monti-

Legality to be approved by

Hawkins,
New York

Delafield

&

Wood,

on

purchase

of

at

a

Co.,
price

of
of

Heights, Ohio
$100,000 street
improvement bonds offered April
23—v. 177, p. 1627—were awarded
to the Weil, Roth & Irving' Co.,
of Cinncinnati, as 33/4s, at a price

Bond

Sch.

Dist.,

Ohio

Sale—The $400,000 build¬

ing bonds offered April
awarded

the

to

ving Co.,

of

16

Sale—The $35,000 build¬
ing bonds offered April 6—v. 177,
p.

Easter-

April

to

inclusive.

1974

price of 100.17,

3s,

of

Tioga, Barton and Candor Central
Sch. Dist. No. 3

(P. O. Tioga
Center), N. Y.
Bond Offering—Ellen G. Louns-

bury, District Clerk, will receive

$82",000 sanitary

bonds offered
to

'4

ApriJ, 16

were
&

Sutherland

Ryan,

314 S, "at a price
basis of about 3.06%.

a

as

interest
York

(M-^N)

City.

in

payable

Legality

to

New

be

ap¬

Liberty), Ohio
Bond Sale—The $15,000 fire
paratus

177,

bonds

2%s, at

N.

a

21—v. 177, p. 1726—were awarded

177,

Carolina

Securities

as.3V2S,

100.10,

as

of

main
Richmond

County (P. O.
Rockingham), N. C.
Offering—W.

Easter-

E.

until

11

a.m..

(EST)

April

on

Water

S. E.

as

follows:

Dated

May^l,

1953.

interest-""(M-N)
York

Principal

payable

in

&

Offering

Sale4-The

Norton,

sewer

1953.

Due

on

Dec.

1

from

1954

inclusive.

1963

to

interest (J-D)

Xenia

Principal and
payable at the Vil¬

&
Co., of Cleveland, Harriman
Ripley & Co., Inc., Chicago, and
Field, Richards & Co., Cleveland,
as 2y2s, at a price of 101.55, a basis

of about 2.33%:

Sale

177,

Toledo,

Bosworth
3s, at

as

A.

Abbott,

Finance, will receive

bids uhtil

noon

(DST)

on

May 11 for the purchase of $638,000 bonds, divided as follows:

$563,000 special assessment bonds.

a

&

awarded
Co.,

Inc.,

price of 101.11,

&

June

will

water

p.m.

sold

8

Dated

bonds.

water

Due on Feb. 1 from

1, 1953.

Clinton,
Bond

Commercial Bank

of Ore¬

the

Tillamook.

Stocks
sealed

Clerk,

City
bids

—

until 7:30 p.m.

May*5 for the purchase of $75,water

works

extension

improvement bonds.
from 1956 to

and

Due serially

1968 inclusive.

No.
Bond

16

(P.

Indep. Sch. Dist.
Okla.

O. Elgin),

Offering—Arthur Farrar,

Superintendent of the School, will

wr^

Fidelity-Philadelphia
Philadelphia, as 21Ys.

Greenville

Joint

School

Author'ty

(P. O. Greenville), Pa.
Bond Sale—An issue of $38T

school

building

revenue

bonds

sold to Glover & MacGrc

**

4 Inc., of Pittsburgh, as 3s, 314s
3V2s. Due serially from 195'
Bond Offering—Florence Drake, 1984 inclusive.
Legality appro

,

County

receive sealed
on May 8
the purchase of $136,000 build¬

ing

bonds.

Due

(PST)

April

Dated

1,

1953.

April 1 from 1955 to 1964

on

inclusive.

and

Principal

payable

(A-O)

office.

Treasurer's

interest

the
County
Legality ap¬

at

by Winfree, McCulloch,
Shuler & Sayre, of Portland.
proved

Medford,

for

the

1

April 1, 1953. Due on April

from

Callable

1954

to

1963

inclusive.

of April 1, 1959.

as

cipal and interest (A-O)

Prin¬

payable

Hazelton,

Bond

Mansell,
ceive

Offering

—

E.

City Recorder, will re¬

sealed

bids

until

7:30

p.m.

(PST) on May 4 for the purchase
of $100,000

from
able
and

awarded

were

Townsend,

electric revenue bonds.

May 1, 1953. Due on Jan. 1
1961

as

of

to 1980 inclusive. Call¬

Jan.

interest

1, 1955. Principal

(J-J) payable at the

City Treasurer's office.

&

Pa.

100.31,

to

DeHavm,

Crouter & Bod?

Philadelphia,
of

2V2s,

as

at

&
of

r

a

rice

basis of about 2.43%,

a

Mifflin

County

(P.

O.

Lewistown), Pa.
Bond Sale—The $180,000 gen¬
eral obligation improvemp t
bonds
p.

offered

1519

April

were

—

17—v. V
to ,J

.

awarded

%

Weil, Roth & Irving Co., of Cin¬
cinnati, as 3s, at a price of 10o.. i,
a

basis of about 2.98%.
Lebanon

Mount

District (P. O.
Mt.
S

building

William

d

$75,000 gene nl
obligation improvement bonds of¬
fered April 21—v. 177, p. 151? -

Bond

Springfield, Ore.

1

-

Bond Sale—The

R. Woodfort,

purchase of $129,830.05
improvement bonds.

M

I

by Burgwin, Churchill, Ruffin
Hazlett, of Pittsburgh.

Ore.

City Recorder, will receive sealed
bids until 7:30 p.m. (PST) on May

Dated
Comanche County

Co.,

$675,000

bonds

revenue

Sch. Dist. No.
(P. O. Phoenix), Ore.

J.

receive
(CST)

the

Legality approved by
Morgan, Lewis & Bockius, of Phil¬
adelphia,

land.

Ernest

will

Trust

was

Jackson

system

to

Due in 1964.

payable

City Treasurer's office. Le¬
gality approved by Winfree, Mc¬
Culloch, Shuler & Sayre, of Port¬

Okla.

Offering

Lebanon Authority
(P. O. Lebanon), Pa.

Bond Sale—An issue of

until

bids

May 4 for the purchase

on

City of

(P. O.

Ore.
— Katherine

at the

OKLAHOMA

Legality ap Winfree, McCulloch,
Sayre, of Portland.

PENNSYLVANIA

Secretary,

District
sealed

$75,000

The

basis of about 2.88%.

a

000

Eaclid, Ohio

—

1418—were

p.

Braun,

on

Offering—W.

Offering

Bond Offering—J.

Township Local Sch. Dist.

1518-^were awarded to a
compos&cTof Hayden, Miller

of

(PST)
of

lage Treasurer's office.

p.

sealed

H.

purchase of $25,565 sani¬
and water main im¬
provement bonds. Dated June 1,

to

$650,000 court
April 22—v.

District

Water

Tillamook),

bids until 8 p.m.

the

—v.

177,

Director

Fairview

5

bondswoffered

Bond

C.

office.

ity approved by Winfree, McCul- clusive. Legality to be approved
loch, Shuler & Sayre, of Port¬ by Burgwin, Churchill, Ruffin &
land.
Hazlett, of Pittsburgh.

$280,000 im-( series
provement bonds offered April 17
Dated
O.

Shuler

District Clerk, will

(P. O. R. R. 3, Xenia), Ohio

house

group

—

01

as

Ambridge School District, Pa.
en,
District Clerk, will receive
Bond Offering — Mary Leiper,
sealed bids until 7:30 p.m. (PST)
on
May 4 for the purchase of Secretary of the Board of Direc¬
$60,000 building bonds. Dated May tors, will receive sealed bids un¬
15, 1953."'Due on Feb. 1 from 1954 til 8 p.m. (DST) on May 13 for
to
1963
inclusive. Principal and the purchase of $100,000 building
interest
(F-A)
payable- at the bonds. Dated May 1, 1953. Due
County Treasurer's office. Legal¬ on May 1 from 1954 to 1968 in¬

at

to

callable

by

proved

Box 1341, Warrenton),

for
Bond

City.

Champaign"'County (P.
Urb'aiia), Ohio

Treasurer's

Consolidated

County

maturing in 1961

are

Blyth May 1, 1960, Principal and inter¬
est (M-N) payable at the County

to

School District No. 30 (P. O.

gon,

awarded

1418—were

p.

tary

Clerk, will receive sealeu

bids until 8 p.m. (PST) on May 4
for the purchase of $102,000 build¬

177, and thereafter

v.

—

awarded

Co., Portland.

Clatsop

water

City.

of New York

offered April 20

1627—were

p.

17—v.

April

Village Clerk, will receive sealed
bids until noon (DST) on May 16

Legality to be
approved by Mitchell & Pershing,

Bond

offered

Vermilion, Ohio

for

30,000 general bonds. Due on
May 1 from 1962 to 1967 incl.

County, Mount Scott
(P. O. 14101

District

cipal and interest (F-A)

basis of about 3.67%.

a

Aloha), Ore.
Offering—Alberta M. Se<»

Bond

King Run, Portland 66),
ing bonds.
Dated May 1,
1953.
Oregon
Due on May 1 from 1955 to 1967
Sale—The $80,000 water
inclusive. Bonds

Bond

Hayden, Miller & Co., of Cleve¬
land, as 334s, at a price of 100.36,

28

$52,000 schooPbonds. Due on May
1 from 19*62 to 1969 inclusive.

Bank

Bosworth & Co., of To-' 1954 to 1963 inclusive. Bonds ma¬
214 s, at a price of 100.34, turing in 1959 and thereafter are
1 *
callable as of Feb. 1, 1958.
Prin¬

office in Raleigh,

for the purchase of $82,000 bonds,

1418—were awarded to

bonds

-177,

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids alhis

swim-'

O.

City,

District
Clackamas

receive

$80,000

(P.
Ore.

Bond

OREGON

Palsker,

Strongsville, Ohio
Bond Sale—The $36,350

basis of about 3.48%.

a

price

a

National

Oklahoma

basis of about 2.18%.

a

Corp.,

Raleigh,

at

Sale—The

p.

Braun,
ledo,

of

&

Bond

Ohio

95

—

of North

Rittman,

v.

the

ap¬

offered April 18—

ming pool bonds offered April 4—

C.

Davis,

No.

Hillsboro),

Treasurer's office.
Legality ap¬
Vici, Okla.
proved by
Winfree, McCulloch,
Bond Sale
The $18,500 bonds Shuler &
Sayre, of Portland.
offered April 14—v. 177, p. 1627—
Washington County Sch. Dist.
were awarded to Honnold & Co.,
No. 107 (P. O. Route I,
of Oklahoma City, as 4x/2s and 4s.

of about 2.65%.

City.

L.

District

Co., Wichita, and inclusive. Bonds due in 1963 and
Canfield, of Oklahoma thereafter are callable as of April
1962.
Principal and interest
City, as 234s, at a price of 100.01, 1,
(A-O)
payable
at
the
a basis of about 2.74%.
County

1418—were awarded to
Lewisburg, as
price of 100.25, a basis

p.

the Bank

Bond

Oakboro,

O.

East

proved by Mitchell & Pershing, of
New York

(P.

Township

Perry

pan.

Small-Milburn

at

Philadelphia, Ohio

101.80,

v.

Evan

First

Co.,

basis of about

a

7:30

Washington County, Raleigh School

group

Oregon
Bond Offering—Doyle S. Crav¬

Co., of Toledo,

28

and

of

a

were

as

until

Offering—Myrtle Raasch,
& District Clerk, will receive sealed
First bids until 8 p.m. (PST) on May 4
Securities Co. of Kansas, Wichita, for the purchase of $125,000 build¬
Honnold & Co., R. J. Edwards & ing bonds.
Dated April 1,. 1953.
Co., Inc., both of Oklahoma City, Due on April 1 from 1954 to 1973

2.98%.

$500,000

Principal

1519—were awarded to

Trust

Weil, Roth & Ir¬

Cincinnati,

bids

J-D., Legality to be approved by
McCulloch,
Shuler
County Dependent Sch. Dist. Winfree,
Sayre, of Portland.
4 (P. O. Guymon), Okla.

bonds
Local

sealed

sealed

Sale—The

Madeira

a

receive

Bond

of 100.66, a basis of about 3.62%.

sewer

county hospital bonds. Dated May
1, 1953. Due."on May 1 from 1954

of

City.




No.

will

Lincoln

in Raleigh

a.m."(EST)

the

for

re¬

inclusive.

interest

&

basis of about 2.62%.

a

awarded

E.

11

until

Arm¬

provement-1953 bonds. Dated May
to

Harris

2%s,

as

101.14,,

New

OHIO

April 28 for the
$285,000

as

basis

a

Sale—The

Toledo,

Texas

Calvert

Stranahan,

Bond

N. Y.
Offering—Arch F.

sealed

Cleveland,

ernment Commission, will receive

O.

strong, County Treasurer, will

(DST)

to

a

Monticello),

ceive

of

$60,000 swim¬
ming pool bonds offered April 20
—v.
177, p. 1519—were awarded

23—v.

ling, Secretafefeof the Local Gov¬

and

Bond

Co.,

price of 101.19,

Bond Sale—The

Bond

New

Legality
approved
by
Reed, Hoyt, Taylor & Washburn,
of New York City.
(P.

Dist.

Cort-

StatespilleJj N. C.

(

Aurora.

County

&
a

Bond

i

,

able at the First National Bank of

Sullivan

and

York

1726—(vere

Bond

No.

Castle

Iredell^County

about 2.47%.

Sch. Dist.

17—

of about 3.60%.

NORTH? CAROLINA

Bame, of Nassau, as 2y2s,
price of 100.22, a basis of

a

Prescott

Bond

Cross, and R. D. White & Co., all
of New York, as 3s, at a price of
100.28, a basis: of about 2.97%.

to John

at

a

group composed of George B. Gib¬
bons
&
Co., Inc.,
Roosevelt &

to

The

—

100.94,

Bond Sale—The
$15,000 street
improvement .bonds offered April

of New York.

Prattsville

of

Sale—The $930,000 build¬

ing

ville.
Legality approved by Van¬
dewater, Sykes, Heckler & Gallo¬
way,

N'i'w

sealed bids

Salvatore

bids

sealed

price

a

(P. O. Yorktown Heights),

177,

23—v.

Pleasantville, N. Y.
—

April

ceive

Diehl,

(PST) on May 8 for the purchase
of $100,000 school bonds.
Dated
bids until May 4 for the purchase
June 1, 1953. Due on June 1 from
of
$15,000 water works system 1954 to 1970 inclusive.
Interest

sewer

jointly, as 2.60s, at a price of 100.27, a basis of about 2.57%.

Offering

at

landt Central Sch.

Co., Inc., and Blair, Rol¬
lins & Co., Inc., both of New York,

Bond

&•*€o., Inc., New York,

Yorktown,

Stuart &

•

offered

basis of aboutr3.13%.

1725—were awarded to Halsey,

p.

Sale—The

$228,000 water
April 23—v. 177,
1726—weretawarded to George

from 1954 to 1983 in¬

and
interest
(A-O) payable at the State Bank

offered

water

Lakewood, Ohio

Woodbury,

improvement
April 1, 1953. Due

Principal

$40,000

Oregon
Offering — Donna Lou
District Clerk, will re*

Bond

Hodge,
W.

E.

—

63

Washington County Sch. Dist.
No. 15 (P. O. Forest Grove),

p.m.

Okla.

Offering

Tulsa,

Ohio

1626—were awarded to

p.

8

N

Clerk,

bonds.

con.

$62,000

April 1

clusive.

Legality approved by Phil¬

ips, Heaney & Schofield, of Bea¬

,

on

bonds

177,

Bond

City

composed

Irondale,
works

until

ment bonds.

1,

Cincinnati, as 23/4S,
100.28, a basis of

Sale—The

3%s, at

pur¬

on

June

J-D.

about 2.69%.

v.

B. Gibbons

will

dated

are

Pohl & Co., of
at a
price of

Bond

bids

May 6 for the purchase
of $35,000 Construction and equip¬

Mulhall,

bonds
Interest

Legality ap¬
proved by Peck, Shaffer & Wil¬
liams, of Cincinnati.

30

on

days no¬
Principal and interest (M-S)

tice.

p.

O.

Supervisor,

sealed

(DST)

Callable

bonds

Hilton), N. Y.
Bond
Offering — Herman

from

1

sealed
on

inclusive.

Greenfield, Ohio

a

basis of about 1.98%.

system

Dec.

on

1958

receive

(CST)

Wappingers Falls, N. Y.
Bond Sale—The $12,000 refuse
Offering—Joseph W. Mc¬ disposal bonds offered April 15—
Donald, Village Treasurer, will, v. 177, p. 1519—were awarded to

New

price of 100.06,

a

The
1953.

Falls.

Y.

Sale—The $139,000

Bond

Due

1954 to

payable at the National Bank of
Wappingers ...Falls,
Wappingers

City.

to

Bond

Hawkins, clusive.

by

approved

1954

—

on

Legality

from

1

transportation

bonds.

(M-NKpayable at the First

May 1 from (DST) on May 1 for the purchase
1954 to 1983 inclusive.
Principal of $15,000 fire- fighting equipment
and interest (M-N) payable at the bonds.
Dated Sept. 1, 1952.
Due
Nassau County Trust Co., Mineola. on Sept. 1 from 1953 to 1962 in¬
Due

May 1, 1953.

75,000

inclusive; Principal and in¬

Heckler &

Williston), N. Y.
Offering — Charles

Nov. 1

on

Dec.

on

1963 inclusive.

building^onds. Dated May 1,

approved

East

Due

(DST) on
April 29 for the purchase of $505,-

terest

City.

Hempstead

Bond

ceive

sealed bids until 2 p.m.

National

North

(1847)

—v.

to

a

p.

group

Stuart

Schrol

Lebanon), Pa.
a

1

e

bonds

177,

Township

Washington Road,

—

The

$1,000 000

offered April

>6

1419—were awarded

composed

of Halsey,

Co., Inc., New Yor'*,
Blair, Rollins & Co., and Stro d
&

&

Co.,

both

of

Philadelphia,

Arthurs, Lestrange & Co., A. E.
Masten & Co., Thomas & Cr
and
S.

K.

Cunningham & Co., all of

Pittsburgh, as 2V2s, at a price
100.40, a basis of about

2.47%.

of

The Commercial and Financial Chronicle... Monday, April 27, 1953
64

(1843)

Municipal Author¬
(P. O. Muncy), Pa.

Money Borough
ity

Bond Sale—An issue
revenue

asewer

of $440,000

bonds was sold to

composed of Stroud &
Co., Philadelphia, Hemphill, Noyes
& Co., and Byrne and Phelps, Inc.,
both of New York, as 2V2S, 3%s,
a

group

Dated April 1,
April 1 from

3%s, 4s, and 4y4s.
1953
and due on
1959 to 1993

inclusive.

Joint School
Butler), Pa.

Butler County

Worth

Authority (P. O.

Bond Sale—An issue

sold to

and the National

of West Chester,
jointly, as 3s. Due serially from
1954 to 1972 inclusive. Legality
approved by Townsend,
Munson, of Philadelphia.

33/4s.

150,000

Due

on

March 1

1981 to 1988 inclusive.

from

school bonds. Due on
April 1 from 1963 to 1967 in¬

clusive.

100,000 jail bonds. Due on

Ruffin

Churchill,

ler, of Chicago.

dated

are

Search 1, 1958.

Principal and inter¬
est (M-S) payable at the Com% amonwealth Trust Co., Pittsburgh,
Trustee.
Legality
approved by
ffiurgwin,
Churchill,
Ruffin
&
JHazlett, of Pittsburgh.

Municipal Au¬
thority (P. O. Pitcairn), Pa.
Township

issue

Sale—An

SOUTH DAKOTA

Bond

March 1,
1953 and those maturing in 1959
sand thereafter are callable as of
bonds

of $285,-

April

& ity approved by Chapman & Cut¬

Hazlett, of Pittsburgh.

De Smet

sealed

ceive

Clerk,

will

until

bids

8

jElliott &

Munson, of Philadelphia.

re¬

sealed
p.m. (CST) on April
purchase of $500,000

bids until 2
30

for

the

bonds.

Lennox, S. Dak.

1

and 3s, at a price of 100.01, a net
interest cost of about 3.02%. Other

1

members

Bond Sale—An issue of $575,000

tschool
was

«f

building

bonds

revenue

sold to C. C. Collings & Co.,

Philadelphia,

3%s, 3 V&s, 3%s,

as

wP&s and 3%s. Due serially from

Due

April

on

Southwest

from 1964 to 1970 inclusive.

the

syndicate: First
Company, of Dallas,

of

bonds

will

carry

an

addi¬

San

Antonio, Harold S. Stewart &
&Z< 1954 to 1983 inclusive. Legality
Cocke County (P. O.
Co., of El Paso, Thomas & Co., of
approved by Townsend, Elliott &
Newport), Tenn.
Pittsburgh, and Burns, Corbett &
Munson, of Philadelphia.
Bond Offering—J. Donald Cody, Pickard, Inc., of Chicago.
JPrwidence Township School Au¬ County Court Clerk, will receive
Rockdale Independent Sch. Dist.,
sealed bids until 10 a.m. (EST) on
thority (P. O. New Providence),
Texas
May 26 for the purchase of $259,Pennsylvania
Bond Offering—W. T. Scurlock,
000
school,
series
1953
bonds.
Bond Sale—An issue of $400,000
Dated June 1, 1953. Due on June President of the Board of Trustees
school building revenue bonds was
1
from
1959
to
1970
inclusive. will receive sealed bids until 7:30
jsold to C. C. Collings & Co., of
Principal and interest (J-D) pay¬ p.m. (CST) on April 28 for the
Philadelphia, as 23/4s, 3s, 3y4s, SVks able at the Trustee's office.
purchase of $651,000 bonds, di¬
and 3%s.

Due serially from 1955 to

1983 inclusive. Legality

approved

approved by
Cutler, of Chicago.

ity to
&

"by Morgan, Lewis & Bockius, of

be

Bond
„

Yownville (Borough) and Steuben
mnd Troy (Townships) Joint Au¬
thority (P. O. Townville), Pa.
Bond Sale—An issue of $200,000

achool
was

«of

building

sold to

„

bonds

revenue

Johnson

Pittsburgh,

$35,000

& Johnson,
follows:

as

3s. Due

June

on

1 from

1954 to 1960 inclusive.
on June 1 from

30,000 3V4s. Due

1961 to 1966 inclusive.

65,000 3V2S. Due
*

on

June 1 from

eral

The

on

are

dated

•

177,

jJace 1,

are

callable

ers

1,
of

The

1968.

&

2%s.

Due

bonds
are

are

dated

callable

as

May

15,

of May 1,

on

Henry-Seay & Co.,
April

1

Legality

County

Judge,

approved

by

Dumas,

Huguenin & Boothman, of Dallas.

(P. O.

Bond Offering—David F.

of Dallas, as

2^s and 2y4s. Dated April 1, 1953.

VERMONT

inclusive.

1973

to

Clark

County, Yacolt Sch. Dist.

No.

(P .O. Vancouver),

104

Washington
Sale—The $23,988 build¬

Bond

ing bonds offered April 21—v. 177,
1628

p.

the

awarded to

were

—

State, as 3s, at a price of par.

will receive
(CST) on




a.m.

Starksboro,
,

Bond

Sale—The

Vt.

will receive sealed

April
$276,000

(CST)

a.m.

the

for

purchase

on

of

bonds. Dated April 1,
April 1 from 1954 to
inclusive. Principal and in¬

1953. Due on
1973
terest

(A-O)

Marion

State

payable

the

at

Marion.

Bank,

Le¬

Chapman

by

approved

gality

&:

Cutler, of Chicago.
Shore wood,

Wis.

water

revenue

Grande &

bonds

sold to

was

Co., of Seattle.

Dated May 1, 1953. Due orv

May 1 from 1954 to 1968 inclusive.
Principal and interest (M-N) pay¬
able
at
the
Marshall
&
Ilsley

Sturtevant
Pleasant
No.

4

and

bonds offered April

awarded to a

West

17

were^

composed of

group

National

First

Co.,

Mount

(P. O. Sturtevant), Wis.
Sale—The $71,000 build¬

Bond

ing

(Village)

(Town) Joint Sch. Dist...

Bank

Racine

Bank,

& Trust:

both

of

Racine, and the Bank of Franks-

ville, of Franksville, as 2y4s, at
price of 100.14,

a

a

basis of about.

2.22%.

Kittitas County

Sch. Dist. No. 401
(P. O. Ellensburg), Wash.
Bond Sale—The $50,000 build¬

ing bonds offered April 17—v. 177,
p. 1628 — were awarded to J. R.
Williston, Bruce & Co., of Los An¬

geles,

purchase of $500,000 sewer

bonds.

the

King County Water District No. 68
(P. O. Seattle), Wash.
Bond Sale—An issue of $640,000

bonds

The

1953. Due

on

are
dated May 1*
May 1 from 1954 ta

inclusive.

1963

Vernon

County (P. O.

Viroqua),

Wis.

Bond Sale—The $400,000

Coun¬

l%s.

as

ty Home bonds offered April 20—
v.
177, p. 1628-^were awarded to
Port of Everett (P. O. 1
Halsey, Stuart & Co. Inc., Chicago,,
Everett), Wash.
and
the
Milwaukee
Co.,
Mil¬
Bond Offering—J. R. Thomp¬
waukee, jointly, as 2V2S, at a price
son, Secretary of the Port Com¬
of 102.02, a basis of about 2.27%.
mission, will receive sealed bids
Washington County (P. 0.
until 9 a.m. (PST) on May 11 for
West Bend), Wis.
the purchase of $150,000 general
Bond Sale—The $245 000 high¬
obligation bonds. Dated June 1,
Due

1953.

June

on

inclusive.

1983

to

interest

1

from

1955

and

Principal

payable at
the
County Treasurer's office. Legal¬
ity approved by Preston, Thor(J-D)

1308—were awarded
Co., Milwaukee,
Mullaney, Wells & Co., of
177,

p.

to the Milwaukee
and

Chicago, jointly, as 2y4s.
WYOMING

Spokane, Wash.
Bond Sale—The $2,000,000 gen¬
eral

obligation

Coliseum

bonds offered April 15"

way garage
—v.

grimson & Horowitz, of Seattie.

con¬

struction bonds offered April 22—

Carbon

Clerk

of

Board

the

receive

composed of the National
City Bank, F. S. Smithers & Co.,
and Wood, Struthers & Co., all of

p.m.

(MST)

group

No.

Dist.

£

(P. O. Rawlins), Wyo.
Bond Offering—V. H. Johnston,

will

a

Sch.

County

177, p. 1419—were awarded to

v.

chase

of

of

Trustees,
until

bids

sealed

8

May 8 for the pur¬

on

$200,000 building bonds.
June 1

Dated June 1,1953. Due on

from 1954 to 1958 inclusive. Prin¬

York, Heller, Bruce & Co.,
Francisco, and Andrews & cipal and interest (J-D) payableWells, Inc., New York, at a price at the County Treasurer's office.

New
San

of

100.02,

about

interest

net

a

2.22%,

cost

of

follows:

as

$538,000 3y4s. Due on May 1 from
1955 to

972,000 2s. Due
to

Legality approved by Pershing,
Bosworth, Dick & Dawson, of
Denver.

1960 inclusive.
on

CANADA

from

May 1

1969 inclusive.

490,000 2y4s. Due on May 1 from

Canada (Dominion of)

1970 to 1973 inclusive.

Treasury Bills Sold—An issue of

$50,000,000 Treasury bills was sold
on
April 23, as follows: $40,000,-

WISCONSIN

College Place, Wash.
Bond Offering — Ethel Briggs,
Town

will receive
(PST) on
April 27 for the purchase of $325,Treasurer,

sealed bids until 8 p.m.
water

000

Due

bonds.
to

1978

and
on

sewer

inclusive.

Callable

on

Principal and interest (A-O)
at

the

Town

Fish

&

of¬

Weter,

Shefelman, of Seattle.

Creek, Gilbraltar Union Free
Offering

—

ceive

sealed

bids

Lawrence L.
until

8

Bond

re¬

p.m.

Sale—An issue of

$25,000

water works, sewer and fire pro¬
tection
13

bec,

bonds

was

sold

as

April

4s, at a price of 96.32, a

basis of about 4.77%.

Due on Jan.
1963 inclusive.

1, 1955.
to

on

Oscar Dube & Co., of Que¬

to

De

High School District, Wis.
Bond

QUEBEC
Beaulac, Que.

or

pay¬

Treasurer's

fice. Legality approved by
Roberts

1.545%;

revenue

after 10 years from date of issue.
able

July 24, 1953, to yield
$5,000,000, due Oct. 23,
1953, at 2.001%; and $5,000,000,.
due Jan. 22, 1954, at 2.456%.
due

000,

April 1 from 1955

$30,0002%% (CST) on May 4 for the purchase
May 5 for the purchase of $250,- refunding bonds offered April 18 of $260,000 building bonds. Dated
^ality approved by Burgwin, 000 hospital bonds. Dated May 1, were awarded to F. S. Moseley & May 1, 1953. Due on May 1 from
-Churchill, Ruffin & Hazlett,' of 1953. Due on May 1 from 1955 to Co., of Boston, at a price of 100.25, 1954 to 1971 inclusive. Principal
and interest (M-N) payable at the
1973 inclusive. Bonds maturing in a basis of about 2.46%. Pittsburgh.
...
Trust Co., Titusville, Trustee. Le-

9

Bank, Milwaukee. Legality to be
approved by Chapman & Cutler*
of Chicago.

Reinhard, District Clerk, will

Flem¬

until

for the

follows:

as

inclusive.

1958

to

1961

Principal and interest (M-N)

Columbia), Term.

payable at the Titusville sealed bids until 11

2.11%,

WASHINGTON

follows:

National Bank & Trust

Matiry County

ing.

cost of about

clusive.

1953 and

3

(P. O. Marion), Wis.
Bond Offering—Forest Schaefer,

Bond Offering—John L. Jones,,
Charlottesville, and
Branch, Cabell & Co., Richmond, Village Clerk, will receive sealed
at a price of 100.007, a net interest bids until 8 p.m. (CST) on May 4

211,000 refunding bonds.; Due on
May 1 from 1979 to 1986 in¬

and side¬
April 23—

from 1962 to 1965 inclusive.

1966. Principal and inter¬

est (J-D)

street

offered

gen¬

No.

Dist.

Buford & Co.,

p.

296,000

1966
as

as

Co., Chicago, Union Plant¬
Co., of payable at the Rockdale State
Memphis, and the Weil, Roth & Bank, Rockdale. Bidder to name
Irving Co., of Cincinnati, at a legal opinion.
price of 100.02, a net interest cost Van
Alstyne Ind. Sch. Dist., Texas
of about 2.82%, as follows:
/
Bond Sale—An issue of $100,$304,000 3s. Due on April 1 from 000 building bonds was sold to

veen

,

Dec.

1952 and those maturing in

jafid thereafter

$600,000

1627—were awarded to a
group composed of the First Na¬
tional Bank, Memphis, John Nu-

v.

vided

$440,000 school house bonds. Due
on May
1 from 1954 to 1979

1954 to 1961 inclusive.

June 1 from

1982 inclusive.

bonds

bonds

offered

p.

inclusive.

Sale—The

obligation

walk

1967 to 1975 inclusive.

TO,000 3%s. Due
1976 to

Legal¬
Chapman

Knoxville, Tenn.

Philadelphia.

bonds

177,

22—v.

(Townships)

Sch.

Joint

building

1728—were
awarded to a group composed of
Eastman, Dillon & Co., New York,
Drexel & Co., Philadelphia, Mer¬
cantile Trust Co., Baltimore, W. E.

Merrill

Lynch, Pierce, Fenner &
Beane, Rotan, Mosle & Moreland,
tional coupon of 1% from Oct. 1,
Underwood, Neuhaus & Co., both
1953 to April 1, 1954.
of Houston, Commerce Trust Co.,
of Kansas City, Dittmar & Co., of
TENNESSEE
The

and Herman

27

Va.

improvement

April

sewer

at

from 1956 to 1963 inclusive.

2.90s.

eral

system
Dated May 15, 1953.
and

works

water

—

200,000

of

(City) and Dupont, Union,

Larrabee, Seneca, Grant, Pella

District Clerk,

Staunton,

City Secretary, will receive

p.m.

April

basis

VIRGINIA

1959

(J-D) payable at any
Bond
Sale — The $2,405,000
designated by the successful bid¬ water
works
system
revenue
der. Legality approved by Dorsey, bonds offered April 23—v. 177, p.
were awarded to a group
Colman, Barker, Scott & Barber, 1419
of Minneapolis.
headed
by the First Southwest

on

a

I. Shelton,

suitable bank in the United States

Due

100.27,

of

Marion

bids

Athens, Texas

Lubbock, Texas

2.30s.

price

a

about 2.34%.

1954

Offering —G.

Bond

and interest

$170,000

at

$125,000 2^s. Due on Jan. 1 from

Co., of Dallas, as 3V2S, 23/4s and 3s,
a price of 100.08, a net interest
Bond Offering—R. N. Gaertner,
To Alex Brown & Sons, of Balti¬
cost of about 2.91%. Other mem¬
more, and Shields
& Co., New City Auditor, will receive sealed bers of the syndicate: Merrill
bids until 8 p.m. (CST) on May 4
'York, jointly, as 3%s. Due serially
Lynch, Pierce, Fenner & Beane,
Trom 1957 to 1983 inclusive. Le¬ for the purchase of $50,000 gen¬
J. C.
Bradford & Co., of New
eral obligation auditorium bonds.
gality approved by Kirkpatrick,
York, William Blair & Co., Cen¬
Dated Jan. 1, 1953. Due on July 1
Pomeroy, Lockhart & Johnson, of
tral Republic Co., both of Chi¬
from 1954 to 1963 inclusive. Prin¬
Pittsburgh.
cago, Rotan, Mosle & Moreland,
cipal and interest (J-J) payable
Underwood, Neuhaus & Co., both
Pittston School District, Pa.
at such banking institution as may
of Houston, Dittmar & Co., of San
Bond
Offering—Thos J. Hen- be designated by the successful
Antonio, Burns, Corbett & Pickbidder.
Legality to be approved
nigan, Secretary of the Board of
ard, Inc., of Chicago, William N.
.Directors, will receive sealed bids by Danforth & Danforth, of Sioux
Edwards & Co., of Fort Worth,
zuntil 7:30 p.m. (DST) on May 13 Falls.
Fridley & Hess, of Houston, and
ifor the purchase of $150,000 gen¬
Madison, S. Dak.
Thomas & Co., of Pittsburgh.
eral
obligation
funding
bonds.
Bond Sale—The $370,000 elec¬
Additional Sale—The $1,908,000
Pated May 15, 1953. Due on May
tric revenue bonds offered April various
general obligation bonds
1
from
1954
to
1963
inclusive.
15—v. 177, p. 1419—were awarded offered the same
day were sold to
Principal and interest payable at
to Kalman & Co., of St. Paul, as a
syndicate headed by the Nation¬
the Miners Savings Bank, Pittston.
follows:
al City Bank of New York, as 3Y2S
legality approved by Townsend,

-Plymouth Township School District
Authority (P. O. Plymouth), Pa.

x

975,000 2.10s. Due on Jan. 1 from

(CST) on May 7 for the purchase
of $65,000 building bonds.
Dated
June 1, 1953. Due on June 1 from
1954 to 1962 inclusive.
Principal

*000 water revenue bonds was sold

Vt.

$75,000 refund¬

ing bonds offered April 22—v. 177,
p.
1728—were awarded to T. R.
Alcock & Co., of Boston, as 2%s,

TEXAS

Indep. Sch. Dist., S. Dak.
Offering — Leona
M.

District

Brandt,

Woodstock,
Bond Sale—The

Bond Sale—The $1,100,000 gen¬

$165,000

3V&S.

19681<Bay.

inclusive. Interest M-N.

lows:

bids until 11:30 a.m.

1, Bank of Sturgeon Bay, Sturgeon
Legality to be approved by
Chapman & Cutler, of Chicago.

May

a.m.

on

1 from Burgwin,

Due on March 1
from 1969 to 1980 inclusive.

10

1 from 1963 to 1967 inclusive.
May 4 for the purchase
of
The bonds are dated April 1,
$750,000
general
obligation
bonds. Dated June 1, 1953. Due on 1953. Principal and interest (A-O)
June 1 from 1954 to 1968 inclu¬ payable at the Chemical Bank &
sive. Legality to be approved by Trust Co., New York City. Legal¬

(DST)

50,000 3y4s. Due on March
1964 to 1968 inclusive.
170.000

until

dated

are

Nov. 1, 1954 to

on

(EST) on May 29 for the purchase
of $265,000 bonds, divided as fol¬

O. Greensburg),
Pennsylvania
Offering — Leonard B.

ceived sealed

from

1 from

Bond

Elliott &

Council, will re¬

bids

sealed

ceive

bonds

The

1953. Due

(P.

District

50,000 2%s. Due on March
1959 to 1963 inclusive.

IPattpn

Bond

County

Clerk of County

Westmoreland County Institution

of $450,000

$30,000 3 Vis. Due on March 1
1954 to 1958 inclusive.

(P. O.
Athens), Tenn.
Offering—Richard L. Ray,

McMinn

both

County,

revenue

^Pittsburgh, as follows:

The

Bank of Chester

bonds
Bond
Johnson & Johnson, of Keck, County Controller, will re¬

building

school
•was

f

Goshen Township Sch. Dist. 1964 and thereafter are callable as
of May 1, 1963. Principal and in¬
Authority (P. O. West
terest (M-N) payable at the Mid¬
Chester), Pa.
dle
Tennessee
Bank,
Columbia.
Bond Sale—An issue of $300,000
school building revenue bonds was Legality to be approved by Chap¬
man & Cutler, of Chicago.
sold to the First National Bank,
West

Dated Jan.

1 from 1954:

Lery School Commission, Que-

Bond

Sale—The

$75,000 school
April
15
were
awarded
to
Morgan, Kempf &
Robertson, of Montreal, as 4s, at
a price of 95.72, a basis of about
4.68%. Dated May 1, 1953 and due
on May 1 from 1954 to 1973 inclu¬
bonds

sive.

offered

.

..

.

.♦

VV--

.