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MONDAY ISSUE UNIVERSITY OF MICHIGAN EC 14 1953 and business administration library Financial Chronicle Reg. U. S. Pat. Office Volume 178 Number 5281 New York 7, N. General RAILROAD Y., Monday, December 14, 1953 Price this of name corporation PUBLIC UTILITY ■ changed was to Old Judge Foods Corp.—V. 171, INDUSTRIAL - INSURANCE - J. in September, Gross from Net from Net ry. railway H. $532,556 198,831 100,571 63,156 from Net from Net ry. 79,073 —V. railway 5,390,318 173, 4,677,887 4,797,631 4,183,067 1,950,508 1,316,235 1,570,274 1,400,572 786,011 659,117 561,327 income— Stock Exchange New York Stock American 734,652 1765. p. Boston Stock Great Southern Gross from Net from Net ry. RR.—Earnings— Detroit 1953 1951 1950 $1,551,572 railway 1952 $1,716,469 $1,977,706 $1,733,475 railway 383,928 503,521 646,719 253,949 302,232 16,692,445 16,177,865 16,451,349 14,411,630 4>>874.806 Net ry. 3,929,622 2,683,679 3,727,430 2,471,584 railway railway from 1,369,589 874,723 —V. income— oper. 178. San Exchange 1,637,292 Stock Stock Toronto Stock Toronto Exchange 41 Exchange Stock The and 43 Exchange Period End. Oct. 31— 1953—3 Mos.—1952 $ sales— net Section Earns, before Markets Stock Exchange 37 37 "' ;..V $ American Exchange 6,757,687 25,358,640 3,575,000 13,150,000 10.850,000 State Net earnings Earnings 4% 2,821,851 Common —V. 178, has E. stock 10,103,414 $49.20 $39.77 $1.17 $1.33 $5.10 $4.13 . Foreign and is Dec. on Rayon Yarn— that announced 8 the is tnent yarn of line 12 contemplated. of 35 cents per ts made in only Net Payable has 150, 178, Co.—Secondary Offering—A sec¬ ondary offering of 4,000 shares of common stock (par $10 was made on Nov. 27 by Blyth & Co., Inc. at $17.87xk per It share, with dealer's discount of 40 cents per share. a quickly completed.—y. 178, p. 477. was three-fourths of System, consists The have $600 of The value no company's million after than more twelve-year that Fidelity Casualty & Co. fered to them. The issue underwritten by a was of investment bankers headed by Geyer & Co. tails in V. 178, p. 2089. 1,250,000 Independent Oil 178, 3%% convertible bonds. 10, 1953, Begin Oil Ship¬ to ments From New Terminalshipments of crude this company's Announced the and covering the for early in January, 1954 from Davies, President, joint several itself of and development pending installation of wells gathering, have ■was from extensive selected the marine named To on Wafra bring coastal the at Abdulla the oil and Persian Field terminal Mena Pacific and to coast immediately Mena in hydrographic Gulf el world of of Kuwait, of about the markets 34 Kuwait The Aminoil present the terminal a Ruler port of Co.'s has been as Is expansion of the transportation shipping facilities field's progressively increasing contemplated ■output on to keep pace with the development drilling proceeds. as and Additional order. Western's Independent half share of contractual .arrangements —V. 173, p. 1977. will the handle oil from between the through the its tankage Wafra terminal is now Field two companies, Mr. Pacific pursuant to Davies said. the Ave., 56,078 72,818 55,878 3,021,902 2,994,141 2,458,553 1,555,070 1,619,771 487,332 478,616 501,301 \ 1,234,721 522,846 ■ Ry.—Earnings— 1952 1951 $192,819 $152,311 38,889 49,915 5,397 9,704 9,525 18,450 railway 1,612,020 1,600,568 1,508,089 1,169,443 railway— 374,213 372,001 320,860 295,836 25,068 74,651 67,607 74,483 income 1950 1— income— oper. 1766. p. D. Ruhm, the of to succeed President. as to Mr. of President Jr., Board the board Braun.—V. and Frank W. directors of 178, p. a late the director, Robert Lowell to fill has f been, elaofced Mr. Ruhm Braun. of Boston, Mass., has the vacancy due to the 1050. SEC of $100 at at least $100 bonds or in more. multiples Each preferred share in Oil has of New it lieu of connection with Ltd., share shares 1, one of York, Western The with $825,000 5% collateral note due in 1963, an announced was on Dec. 9. W. R. & Co. Staats were the be offered at The the credit $100 to will of be patron of of rate in a par $100 bond to each The Andersons, from any patron given Anderson-Farmer Corp. bond.—V. 176, p. the who option the of Calmont amalgamation of Anglo-Canadian stock. The 12 gas producing wells Hartley and Moore Counties, operates company property in Sherman, 7,680 on acres of Texas, Beaumont, Sour Lake & Western Ry.—Earnings— October— has of for each $100 from Net from Net ry. from Net from Net ry. —V. 1951 1950 $926,143 $759,870 402,689 370,477 230,247 166,456 140,058 154,111 8,783,496 9,173,266 4,082,401 1,520,116 8,492,920 3,775,506 1,673,925 7,746,596 3,712,501 1— railway railway 3,858,860 Income oper. 178, 1952 $941,278 414,640 income oper. Jan. From Gross 1953 $865,892 395,952 railway railway 1,556,581 1,511,718 1766. p. 413. this company and Calmont stock is being issued for exchange of shares commenced Net Co., Inc.—Earnings Heminway Months Nine Ended Sept. sales____ before Federal taxes Income Provision for on Increased— 1953 30— income—I 1952 $16,630,014 $15,247,295 740,568 324,409 taxes on 385,000 income 169,000 $355,568 Federal $155,409 1953. company's diversified Canada assets holdings of and the Northwestern assets; proven gas company 12,000,000 reserves; United include barrels net Net include States. approximately $5,000,000 of developed oil reserves; sub¬ and natural gas rights in 374,000 acres; sundry assets of $1,000,000 including interests in develop¬ ment and exploration companies, and a complete well service organiza¬ tion with two drilling rigs. current stantial (Texas)—Arranges Loan—This com¬ The Mutual Life Insurance Co. Co. placed the producing properties in the Camrose, Golden Spike, Luduc-Woodbend, Redwater, Rimbey, Sunnynook, Turner Valley and Twining fields. Net oil production from these properties for the first 10 months of 1953 w'as 659,123 barrels for an average of 2,161 barrels per day. Current production is approximately 2,400 barrels per day. Net holdings of petroleum and natural gas rights are 374,000 acres in 45,248 43,864 Belding The 145,130 $173,433 Bayou Anglo-Canadian Oil Co., Ltd.—Merger, Etc.— 4 V2 1950 $262,649 184,657 Danville & elected Gross received additional to stock with Maumee, O., on Nov. 30 filed a letter covering $250,000 of 4% 10-year bonds multiples credits, net American with notification of capital. in one Oils 1951 $319,797 176,981 3,152,333 1,716,998 railway continue been by The Andersons and part underwriting. The proceeds are without has $200 In 1952 $315,882 1953 Chairman filed option who received Dec. Kuwait. Illinois letter a preferred of cover public, working filed 30 issued receiving miles promptly as possible the construction was divided into incremental stages, Mr. Davies said. The initial stage scheduled for completion this month, will provide capacity adequate to handle the established production of the new field, up to 20,000 barrels daijy. Subsequent for O.—Files With SEC Corp., Toledo, Nov. shares to the Andersons, notification site Oil on 500 to be completed and shipping handling surveys south Ahmadi. honor used patron of * agents for the borrowers. share I to been facilities. After be and account brought in the discovery well of the Wafra Field part of the Kuwait-Saudi Arabia Neutral Zone last then per offered of commence Corp., Since shut-in will 10. operating Oil central March. oil 1329. 171,413 income Jan. 178, death 1977. p. corporation The Persian Gulf terminal, Ralph K. Dec. on Aminoil, Western In new p. Ry.—Earnings— 43,651 Herman will and date. financing will be used for additions, extensions to Bell System telephone service for the nation. Anderson-Farmer The being Co.—To 1157. p. Bates Manufacturing Co.—New Chairman Elected— share the improvements ($100 American from and SEC natural $314,107 railway from pany —V. group pipeline new Proceeds See de¬ au¬ of its on 1766.' from ry. debentures, which are to be dated Dec. 10, 1953, will be convertible into capital stock beginning Feb. 9, 1954 at $136 per share, payable by surrender of $100 of debentures and payment of $36 in Stock Offering Completed—The stockholders have subscribed for all the 150,000 shares of $1.25 convertible preferred stock of¬ — 1, Co.—Subscriptions subscription period for the debenture ended Dec. rights Bay , oper. From cash. American ry. 3 owners have already used or sold their subscription rights to buy the company's new issue of debentures, it was announced on Dec. 4. The issue Dec. $161,614 from Net 51 & Telegraph the Andrews income--,- p. from —V. Over miles 107 station compressor 1953 Atlantic Net 1157. p. a.m. 3 railway oper. 178, Net Express Dec. October— been 600 and 900 deniers.—V. 300, American , to 11 up shares railway railway from ry. Gross Statement of Member Banks of Telephone approximately of railway oper. Net —V. Cross American payable will be notes balance 51 Capital Flotations for Month of August developed and additional colors are This solution-dyed yarn, which is) sold at a premium pound above the price of normal Enka yarns, at present of the comon from Net 14 domestic colors ry. 52 Reserve and receive bids From Jan. 1— Condition Statement of Federal Federal total horsepower on to St. & from Gross offered in the American market, A the amount equipment and working capital.—V. 175, Net producing a solution dyed rayon filament this yarn, which is sold under the name of commercial solution-dyed rayon fila- now known, "Jetspun," purposes, a 10,000 share per from 59 49 Clearings Exchange Rates,. Condition company principal October— Bond Offerings and with the SEC has applied to the Federal Power Commission for corporation covering Gross Bank Declared for 10,500 new Atlanta Reserve Banks Corp.—Develops New President, So far as is of aggregate construction like a construct to $20 new Redemption Calls and Sinking Fund Notices_52 Combined Enka Bassill, City Dividends 1049. p. perfected yarn. 12,208,640 $12.53 stock__ American J. 3,182,687 $11.37 share: per preferred and Course registration statement a filed a letter of notifification with the of common stock (no par) to be offered stockholders up to March 31, 1954, with¬ out underwriting. The proceeds are to be used to retire approximately $80,000 of 10-year 4% debentures due 1961, for expansion program, •'*; *-"V-' V ' '< Miscellaneous Features The filed Jan. 11 for the purchase from it of the above- company The at General Corporation & Investment News.Cover 20,953,414 3,100,000 of issued on Net taxes Dec. 9 on transmission system in Arkansas, Louisiana and Texas. project has a total estimated cost of $9,245,166.—V. 178, SEC Stock T>;' $ 5,921,851 income will and 357. Arwood Precision Casting Corp.—Files With SEC— and Bond Averages 37 National Quotation Industrial Stock Averages_37 inc. taxes Eed. the Company, p. The 48 Stock Dow-Jones 122,019,757 121,316,365 513,077,676 494,464,615 Fed. 171, 47 Transactions 1953—12 Mos.—1952 $ Presidency of pay and gas 44 Exchange—Curb to thority SEC Index of Stock Prices Total of President Arkansas Louisiana Gas Co.—Proposed Construction— 41 l_42 Transactions New York V. 178, p. 2193; V. 177, p. 1785. (& Subs.)—Earnings— of Bids—The company plans to 41 Exchange, Over-the-Counter —The offering on Dec. 3 of 180,000 American shares of A. K. U. at $23.75 per share by Lazard Freres & Co. and associates was heavily oversubscribed. See details in Stores Corp, Oil Mountain be mentioned $20,000,000 first mortgage bonds due 1983.—V. 178, p. 2089. 39 Stock Exchange Stock banks, (EST) 38 Canadian Stock Exchange Algemene Kunstzijde Unie N. V. (United Rayon Manu¬ facturing Corp.), Netherlands—Offering Oversubscribed Allied to for the cost of extensions, additions, and improvements to the properties of the company. 38 Exchange company premium, to used J_38 Exchange Francisco out 33 Exchange Stock Montreal 1765. p. the Trans cease this year. the latter's board. of end the Board.—V. of of will and member a resume Chairman as Presidency the at $20,000,000 of first mortgage bonds, due 1983, to be offered public sale at competitive bidding. Of the proceeds, $17,000,000 will be applied to the prepayment, with¬ 38 Philadelphia-Baltimore Pittsburgh from Net remain will Milner the next, 1 Ltd. for 29 . Exchange Stock Stock Midwest 623,954 197,753 From Jan. 1— Gross will Jan. Co. covering 17 (Bonds) Exchange Los Angeles Stock 236,003 income— oper. (Stocks) Exchange Stock Cincinnati Alabama October—• Oil Appalachian Electric Power Co.—Registers With SEC The Page New York railway oper. Quotations 163,247 57,123 Stock and Bond $462,263 182,450 From Jan. 1— Gross R. accepted of as 1950 $536,172 159,347 income— has Co. Spratt continue / 1951 $523,215 railway oper. 1952 Spratt Line Mr. In This Issue 1953 G. Anglo-Canadian Akron, Canton & Youngstown RR.—Earnings— October— MISCELLANEOUS - Pipe 1953, 945. p. Copy a Corporation and Investment News Airline Foods Corp.—Changes Name— The $1 of petroleum —V. income 178, 1158. p. Bell & Howell Co.—Continues Expansion— This to company Co. purchase The C. of will Dec. 4 that it has exercised an option stock of the Three Dimen¬ manufacturer of slide projectors. The become effective Jan. 5, 1954.' price of the stock was not disclosed. President, stated that the acquisition . program TDC's eminent on leading Percy, company's years Chicago, selling H. announced all of the outstanding capital purchase sion of furthers the markets. "In eight the company in a pre¬ and conventional slide projector field," diversification management group position in the stereo into has placed- new said. "In addition, it has just introduced two significant new products—a combination stereo table projector-viewer and a new line of tape recorders. TDC also plans to market a new series of stereo .still cameras in 1954. These new products, plus existing ones, enable us to offer a well rounded line of quality photographic merchandise.'' Percy Henrv ■continue President as —V. 178. of p. long-term Bell & Howell, The company will operate as a division of 1978. agreement. TDC, will and chief executive officer of the Three Dimension Co. under a co-founder Bohm, 1953 1952 1951 1950 $3,019,895 1,636,249 $3,059,453 $2,767,344 971,496 793,229 825,156 $3,027,450 919,497 *130,790 October— railway-- from Net from Net ry. railway—-— oper. income-— 1,430,890 639,113 from ment Net from Net ry. railway — 178, 21.739,379 20,737,357 6.608,345 4,475,229 25,298.876 7,974,227 26,630,316 11,691,027 5,735,160 income— oper. •Deficit.—V. 8,595,415 3,668.086 4,948,456 totaling $3,000,000. its to to corporation covering market to Dec. on filed 3 of letter a 4,000 shares of common stock ipar certain employees as compensation the "estimated U. book their to liquidation and arrangement are Other from Chrysler receivables, less sale on assets of of Misc. etc declared a share dividend payable in addi* capital stock, par value $2 per share, of the company at the rate of one additional share for each 20 shares oi outstanding capital stock, payable on or about Dec. 30, 1953, to share¬ holders of record Dec. 22, 1953. In lieu of fractional shares there will be paid to each shareholder who would otherwise be entitled to a fractional share, a sum in cash equal to the fair market value of On Dec. tional will share the on record from increased be the 354,712 dividend share share 372,246 shares. for each to approximately shares declared is amount an surplus, earned of out to equal transferred from earned surplus to capital surplus. An aggregate of approximately $192,874 will therefore be transferred from earned surplus, of which $35,068 will be trans¬ ferred to stated capital and $157,806 to capital surplus. The aggregate cash payments in lieu of fractional shares, approximately $2,218 will also be Charged to earned surplus.—V. 178, p. 754. $157,806 approximately will Total assets net Dec. with outstanding.—V. Bond Trust dividend resulting $20.63 178, \ ' . 178, The —V, Dec. dividend 1953. The 1950, $5; This the on arrears 178, of 1951, 20 cents; per and year paid by the plan and all accumulations *Ernest and since Jan. to up the to stock common to 1949, Jan. 178, 2, Dec. 1 offered (par 10 cents) produce movies and TV to filed cents; 58 Gas made in was our share with year.—V. present 178, dealer's concession of a See V. 178, p. 1978. Co.—Stock Offering—Mention issue of Dec. 7 of the offering to com¬ stockholders of record Nov. 27 of 60,500 shares ol 5.28% cumulative preferred stack at the rate of one pre¬ ferred share for each three common shares held. The mon subscription warrants will expire at 4:30 p.m. (EST) on Dec. 22, 1953. The offering is underwritten by an un¬ derwriting group headed by Smith, Ramsay & Co., Inc., and Chas. W. Scranton & Co. GIVING proceeds JU . ' „ Further details follow: fi) EFFECT IPG install storage gas 178, October 1959— 1,120,000 (par $251 Common •Not loan stock due (par $20 60,500 including shares of 5.28% shares up to provide preferred provisions common or 65,500 shs. 181,500 shs. — cumulative NOTE—Charter preferred > Net $108,344,632 from ry. stockholder to all several for all underwriters 5.28% cumulative expiration of the Smith. Chas. Ramsay W. Hincks Anglo-Canadian $550 172, Share.—See a 1342. p. ry. —V. Ltd.—Minority Stock¬ Electric Co., General Offered above.—V. Ltd. Oil Co., C. H. Co|., for See Husky Oil Co. Capitol and the Stock offered Uranium : v & Co.— Co.. capital issued be can & stock of 60 500 stock after and appro¬ also 13 Co V. a commitment Co. take and subscribed by pay for at p. Bradley & Co., T. L. 5% ; M. Kidder Laird, 7 178, M. Inc. A. & Weld Co 5 & "Meed's— * Bisseil Watson White, See not Edward 13 WalkerCo..—— Putnam is below appear 21 ___ <fe & 5 Co. 5 Co 5, 2195, 178, rf.oP118 ^Pany Plans to distribute stockholders about next on Be Organized—Stock to $62,800,000, year as a more than of its deal result to Chrysler vote on on Dec. stock common to complete the sale of the bulk Briggs' stockholders of record the transaction at a special meeting Dec. 28. of its Dec. assets 15 are Corp. William Dana NOTE; ... On account of the $65 00 the rate per of exploration of proceeds net the CAPITALIZATION will be company's mining This Dec. EFFECT GIVING TO the by PRESENT and to company business of FINANCING at Farmington, ment stage. The No. claims (he Its principal office is located The company is iii the exploratory and develop1 v/ No. l; No. Star, total 5, and Tlie San Juan No. i date 2, 1. Star No, 2, the 1. 411,596 1776. Bitler H. who has been has has assumed ' from Net ry, 3, to 1 area of Star No. 3. Star . and 300 No. No. Gross from Net ry. —V. 15c 4, No. is filed of Viscose Board. Corp., who Corp.—V, Chemstrand 175, SEC the with on share, With underwriting discounts The prospectus states that the per per.'share. sell which in its "it event securities own but estimated is later may that share. a to the obtain commission ---• 2. primary the construct tripoh, states Industries, shares mining in claims Pike B. and class the siliceous and * r Inc., of of material that for _ type " '* ~ consideration "a filler abrasive, an at been has i;i the was develop. com¬ rock is . . . used manufacture issued the all of Montgomery Counties, promoter the of A voting common stock of assignment to the company and company "" i Deardorf C. According 1953, in Delaware. for which the Glenwood, Ark., to purppse mill a of prospectus rof 25,000,000 the company leases of on z Ark: The ' from - Leo Yount, obligated Leo sum Yount of to on lessor, to the pay of to J; the B. sum before or $100,000 closing date These C. Deardorf, lessee, and, in addition, plus $5,000 in interest, "to of $25,000 May 25, 1954, and is obligated, to pay the Kennedy on or before six months from the D. stock offering. ;, " . ■ ' I , Chicago, Milwaukee, St. Paul & Pacific RR.- -Earnings Gross froin from ry. railway. railway income... oper. From Jan. 1950 1951 Gross from $3,622,357 $3 .483.603 Net from 677,932 551.663 Net ry. 433,392 536,842 400.641 264.083 36,396.377 7,344.412 36,001,517 35,373.556 31 ,334.272 5,787,095 4,590,686 3,,739.942 3,483,550 2,660,240 1,520,947 1 ,163,300 - statement - railway income — —V. 1—• $23,762,061 $25,712,225 $26,227,437 $25,265,613 5,685,739 5,971,977 ' 7;883,006 8,441,594 2,472,323 2,365.231 3,348,068 3,769,140 ~ • railway 218,487,146 224,515,321 220,357,861 207,094,780 railway...... 35,764,717 37,683.363 35,621,366 41,914,112 income... 11,592,486 12,645,113 10,740,836 15,701,392 oper. 178, 2195. p. ~ Chicago 1775. 154% of the 70,400 com¬ mon shares which this company offered its stockholders have been received by the company, it-was announced on Dee. 9. Primary subscriptions amounted to 66,059 and conditional subscriptions to 42,380. Stone & Webster Securities Corp. and Allen & Co. acted as dealermanagers in the transaction. See details in V. 178, pp. 2090 and 1978. See. Central Public'Utility Corp. below.—V. 176, p. 1766. from ry. oper. from Net from Net ry. —V. provides, Dec. 6 among Corp.—Plan Approved— other income.._ " foV foreign subscriptions ' railway oper. 178, p. 1951 . income... 2,359,124 1,564,369 1.72,692,804 171.036,892 169,117,829 153,674,941 *»•» ono O/in 23,909,949 01 annrrcn 21.890.767 m coo non 19,583,289 21,488,696 6,489,886 5,800,905 4,767,650 5,877,132 from ry. Gross railwayrailway—. oper. Jan. from from ry. income railway p. , & Pacific RR. ■Earnings— 1952 , .1951 ; I960' $16,546,581 $19,228,713 $17,801,275 $16,758,6 4,061,088 5,742.993 5,060,015 4,764,3 2,243,409 2,590,496 2,077,448 2,013,6 1— railway. oper. 178, : 1953 from From 4,243,449 3,378,057 Chicago, Rock Island Net ' 1950 $8,069,401 1776. OctoberGross —V. 1952 2,216,*942 ; railway.^.. income 176,814,365 177,473.809 52,580,920 48.843.039 23,496,535 163,461,887 146,369,9 36,236,271 38,367,9 20,489,291 2090. plan filed by this corporation, things, for the distribution of the approved Ry.—Earnings— 1953 railway— $18,832,803 $20,814,182 $19;134,496 railway—4,339,918 5,427,471 3,869,041 From Jan. 1— Gross Net on Western from Net Central Public Utility North & October— Gross Central Illinois Electric & Gas Co.—Stock Offer Over¬ remittance Osborne the Star subscribed—Subscriptions for SEC of done and been acres. 1952 702,957 . registration a 15c to production Net The succeed 1—• railway p. American own company, was organized on-Oct. -.1, $3,770,863 807,429 $3,536,648 income— oper. 178, to Chairman ' intends 17 company railway—— from of prospectus also states that the company is obligated to p#y royalties, under the terms of a mining lease dated May 25, 1953, claiiqs located nil as the San Juan and 1 be Cherokee is unpatented are known Recapture 1953 From Jan. with jointly speculation" at $1 a authorized 1956. work has Assessment approximately railway oper. Co. President position covering 5,000,000 shares of class B non-voting common value lc .per chare. The securities are to be offered for pub¬ as has staked, and acquired 51 claims, containing an aggregate of approximately 1.054 acres. Additional claims are being acquired in four additional and different areas.—V. 178, p. 1775. v from elected the associated been Chemical ' "as The. 1954. holds by deed, 15 Utah. These claims Mollie an cover 1953 to Aug. 24, also County, 10, to 844,656 529.925 primarily as fiber-glass." . Ridge, Black Ridge No. 1, Canteen, Canteen Andrew. Bobby, Lucky Friday,. Lucky Friday- until July due company claims To No. Star No. is 4,049,733 1,173,261 commissions mercial Black approximately 300 acres. more no 33,114 1<53, formed by term from Aug, 24, a named Canteen 1. 27,030 . 5,366,057 to, the prospectus, assignment of lease, 15 unpatented mining claims located in the Dirty Devil Area of the Henry Mountain District, Garfield County, Utah. The lease under which these properties are The 60,955 63,741 82,812 $409,059 501.409 par The 3.230,000 shs. was holds provides for 60,774 Outstanding - incorporated in Colorado* on Oct. 1, 1953. company is the exploration, development, and N. M. company $510,992 92,052 903.278 underwriters, : of uranium mining properties. operation 1950 1951 $500,467 5,394,498 corporation , , 5,000,000 shs. (par five cents) BUSINESS—Company The Ry.- -Earnings— 1952 730,660 corporation 3, lic-sale applied claims. Authorized stock Carolina 1,287,534 1330. will Common Be Organized— 5,861,225 a year] exchange* Y. N. income—. u in Farmingdale, $554,791 railway Monsanto stock, 10 cents per share "as a speculation." at which UU»V1 Other Countries, fluctuations Blvd., 86,609 Seibert,1 President. (Telephone STate 2-0613); office at New York, of Canada, $51.00 per year. industry. aircraft the below. Western & THE COMMERCIAL AND post for Cherokee Industries, Inc., Oklahoma City, Okla.— Registers With Securities and Exchange Commission— (par 5 cents) " 29. The 1953. 16, is—Allen income-— Bitler with P. Central Indiana Gas Co.—Stock to Be Distributed—„ Sale— with to Sept. a New be the Controls Corp., latter will Century of Feb. components railway p. Net Briggs Manufacturing Co.—To Vote sh®re- t0 lts Chrysler Corp. Briggs is scheduled shares Delaware railway——. Benzanson Co., 1,200.000 shares of Net *181,500 shs. stock address Aircraft oper. Henry Farmington, N. M. — Common Offered—Forbes & Co., Denver/Colo., on Dec. 1 Net agreement names 21 % 170,000 in below. October— 60.500 shs conversion $10,000,000 amount preferred Inc. own Chemstrand Corp.—Changes in Personnel— Electric General Shareholders of Parent— Be Distributed to Gross warrants. & Scranton & Bros whose each will operate in the State of New York in designing, developing, and, manufacturing accessory railway from Net action. UNDERWRITERS—The underwriting the Outstanding *810,000 shs, (Vice-President Drake and 1953 from Net Central of Georgia Ry.—Earnings- stock. authorized that FINANCING 1666. oper. Net priate E. incorporated was incorporated of p. from Net Net 960 000 ctimul. preferred stock Conversion 5.28% 1, John <Secretary-'! reasurer.i acquired United Net 1,715 000 Sept. certain capital. PRESENT TO - systems Mr. $2,137 000 1,750.000 due acquire working to for and From Jan. 1— Canadian Husky Oil Ltd.—To ,-■ $2,250,000 1976— 3V2%, share). used shop (President), corporation corporation's Gross 1953—11 Mos.—1952 1953—Month—1952 Co. below.—V. 159, p. 1348. Outstanding , B, per be to 1,000,000 shs. Jr. Quass Charleston 238. p. PRESENT FINANCING T: 25-year refunding & gen. mtge. bonds: Series A, 3 V* % due March 1, 1971— Series ($1 are model EFFECT GIVING ' , Dec. 4 publicly offered 300,000 on complete a company business See 1874. p. holders Light CAPITALIZATION *2,321,971 Chance Vought Aircraft, Inc.—To with the at to meters and for $10,060,875 $10,401,618 $116,547,203 178, held Bridgeport *4,744,759 *3,244,021 (par $1) E. and control stories. Calmont Oils, Ltcl.—Consolidation— 1949 basis, 229,898 shares were subscribed for up to and in¬ cluding Dec. 2 when rights expired. The 10,774 unsub¬ scribed shares were placed by the underwriters, headed by Hornblower & Weeks and Stone & Webster Securities 50 cents per share. 4 302,319 *2,537,899 stock at par LeMay, corporation, operating notification letter of a common per 5.291,460 4,498,122 stock. 1953 York (& Subs.)—November Sales Off— Butler Brothers 1, stock recently offered to stock¬ holders of record Nov. 17 at $21.50 per share on a l-for-4 Corp., at $23.75 10,663,117 October— Subscriptions—Of the Stock — 9.742 " 33,166,926 1776. net BUSINESS—This the used 30 and purchase capital.—V. Canadian share per 1949 1, %ov. on PROCEEDS—The Bridgeport Brass Co. *128,750 36,379,467 company G. Frank this Offered 1270. corporation used the 240,672 shares of *49,267 36,696,714 ._ p common Common stock 2195. p. 178, CAPITALIZATION Gross railroad since the effective date of the stock modification covers 594,339 52,600,813 income, PROCEEDS—The The Period End. Nov. 30— when the railroad's stock modification plan, which consolidated several different classes of stock into two issues, one preferred and one common, became effective. Present capitalization consists of 275,296 shares of preferred and 547.083 shares of common. This is the first dividend period be to are Sales $6.45. total, cents; 67 1952, the covers 771,866 railway—„ equipment, including covering 2,000 shares of 6'< preferred stock to be offered ($100 per share), without underwriting. The proceeds are —V. $6.45 from Jan. i, is as follows: proceeds p. working 1953—11 Mos.—1952 dividend net The $20.80 shares $6.45 Dividend— a preferred earned amount dividend 5'; 1950 $3,867,980 633,532 Butane-Propane Service, Inc., Holyoke, Colo.—Files— be 18, preferred stock, payable on Dec. 30, 1953, to holders of 18. This amount represents accumulated but unpaid the. 5% 1951 $4,016,069 749,905 Century Controls Corp., Farmingdale, N. Y.—Stock Of¬ —V. I $8,341,737 $74,068,536 $69,654,854 declared 8 1952 $4,005,630 1.202,881 income. oper. shares of payable -'iv. .. 1953 -Month—1952 Dec, p. domestic public utility of the United Jersey—Earnings— was publicly 300,000 shares of at $1 per share. See on 178, Thereby, its of only 1— fered—The Briggs deducted $56,196,148 in liabilities $20,000,000 in notes payable to bankst, it estimates will be distributed to Briggs 1665. figure —Alexander Reid & Go,, Newark, N. J., on 1378. p. directors record Nov. on share, per Stores, Inc.—November Sales Up— $8,609,591 all of own $5,478,201 _ railway- Deficit.—V. of " ; Boston & Maine RR.—To Pay on cents ' 1270. p. ■Sales- The from $119,048,490 total Burton Picture Productions, Inc., N. Y.—Stock par Higher— $6,356,232 to 28 asset value per share was 30. and there were 305,654 net ■ - of June at Period End, Nov. 30— —V. amounted this the The 1953. 1, compared as of for the stockholders.—V. be Bond Investment Trust of America—Value allowance New 1953 oper. ry. * 639,225 — to basis. share for itself continue be Authorized SEC The 1953 29, I to Dec. assets From (largest item of which leaving the $62,852,342 outstanding $2, the par value, will be trans¬ ferred from earned surplus to stated capital and an amount equal to additional after from Aug. of railway from Net 236,004 assets share a divested will which reclassified by Central Indiana, will distributed date. the total capital stock result of the share dividend, a ■Since the of fractional As in net assets ry. 3, the directors, shares such other and on have and Central of Utility, Public value stock and par will railway- From Jan. Gross 11,832,674 4,586,968 — investments from Net j 9,277,861 dies, Changes Net 725,274 38.390,785 18,359,699 ; Utility RR. from Net Inventories Cost Gross $35,000,000 reserve Central $5 companies stock common by to its stockho.ders Public utility Central follows: securities Government S. Receivable The owned October- 1 - in consumers operating outside the continental Umit3 States and companies in the United State.: engage! in businesses other than the electric and gas business.—V. 178, p. 1874. advanced to Dec. 29 from unaudited which would be involved in the cash distribution to Briggs stockholders under as public utility company which distributes Anderson, Hartford City, Elwood, Marion, a companies assets the is Indiana. Utility public less value, Gas 1,000,100 shares of Central - figuresi. 1953, equal be to gas presently Public pay to I >d:ana Muncie, all into . Prepaid expenses Bishop Oil Co.—5% Stock Distribution— is company forma balance sheet pro 31, of cost Cash notification with the $H to be issued ai for services and/or sell shares to such employees at market for cash. The proceeds are be used for general corporate purposes.—V. 175, p. 1019. The the and Briggs an additional amount for dies and equipment collectible from customers, will Chrysler figure ..." a partial Detroit, Mich.— Commission— ; natural 29. Dec. days and July Big Bear Markets of Michigan, Inc., 90 inventories In 1775. p. Files With Securities and Exchange -SEC about on Within railway Central intends to liquidate about $62,852,342 in net assets and distribute this in cash to stockholders as a result of the transaction. Some $18,439,705 (including $6,847,796 in casht in net assets would be retained for its plumbing business, Chrysler will pay Briggs and its wholly-owned subsidiary. Briggs Indiana Corp., $35,000,000 for land, buildings, machinery and equip¬ Prom Jan. 1— Cross Sept. 30. notified the last were the common stockholders to Central of . dividend cent 75 to ware plants. Stockholders Bessemer & Lake Erie RR. —Earnings— Cross plumbing four stcc-k pf .Central Indiana Gas Co, Public Utility Corp. m *• common Chrysler its 12 auto body plants, and keeping division ("Beautyware'1 operation wnica has • ' ' A proxy statement sent to stockholders said the indicated book value of each of the outstanding 1,947,700 shares of Briggs common, after the transaction is completed would be $41.75, of which about $9.50 per share would be retained by Briggs as applicable to the plumbing ware business. The $41.75 figure, it added, also reflects a selling is Briggs its and advertisements must be made in New York funds. (Continued on page 7) 12,279,979- 14,908,7 Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2299) Capital Flotations in the United States And for the duction of more This represented than one-half of the total for a ,'Finance Corp. in the amount of $20,000,000 and due Aug. 1, 1959. Private offerings in August totaled 10 in number re¬ July, which to $595,301,395. The over-all dollar 'volume August of 1952 added up to $356,455,297, being $114,514,067 more than that for August last. issues for the latest period minute sum of Corporate January $1,000,000. However, < c total of 42 March the up in respective categories shown of be used for A each $91,983,323 or headed 38.02%. the list This with was dollar a Issues or to as followed by the mis¬ placed we present 34.24 c $269,718,905. The total of OF CORPORATE by the New Capital April New July — Total BY at to Capital 2 1952 AND and par accrued on or two Treasury 1,865,000 of of Bonds, 2.53% 3,682,420 B began on the 15th to for six months— July 23 July 30 91-day 91-day Treas. Treas. July 15 Ctfs. Juiy U. see OF of S. bills Indebted— Savings Bds. of Tax antic'n the month 91-day Treas. New 91-day Treas. $ 9,382,332,336 1,200,547,000 1,400,812,000 1,400,736,000 299,707,000 99,362,000 99,544,000 1,500,400,000 1,499,924,000 285,000 5,900,636,000 402,193,677 92-day Ctfs. U. 1471,581,700 7,002,419,000 1,500,380,000 29,000 1,500,569,000 390,000 bills Indebted— 2,781 ,117,000 7,277,396,377 1,500,435,000 bills 1.500 435,000 1.501 834,000 2,781,117,000 Treas. Savings Bds. August 1,057% 00 1,500,777,000 371 218,010 Depositary bonds— Aug Tax antic'n 1 notes- Total for 371,2~1~8~010 for eight ,272,000 1,272,000 478,751,200 478 ,751,200 August Total 9,635,995,210 8,783,278,000 852,717,210 months 81,720,508,423 64,208,062,500 17,512,445,923 ♦INTRA-GOVERNMENT FINANCING Issued <g Net Issued • • Total Retired <g / ' 4,087,000 I 1,500 409,000 1,500 959,000 bills Treas. of Indebtedness * 471,581,700 bills Aug 20 for six months— $ 29,102,873,000 27,714,309,500 1,388,563,5C0 July— Certificates 155,353,000 43,099,000 36,000,000 119,353,000 111,333,000 163,234,000 203,452,000 147,333,000 56,119,000 381,355,000 50,000 105,109,000 Total Refunding and 14,279,815,377 91-day S. / 4,087,000 notes- Aug 6 Aug 13 259,120,375 $ 2687, May 14, 1953. Notes 402,193,677 Total for July • J FUNDS 1,500,254,000' 1,500,174,000 1,500,280,000 1,500,400,000 1,500,209,000 5,900,636,000 Depositary bonds 1 will on May 15, 57,804,697,836 48,422,365,500 bills 1 Bond# K Series approximates 2.47%. For footnote on page 1470, October $ bills 1 of interest Refunding bills $3,389,700,398 New Capital year® page terminated Accepted bills Juiy F and on Total Amount Treas. July J limit footnote was B Interest years 93,150,000 381,305,0CO 11,959,000 1951 $ 9 "Chronicle." Treas. 1 for Series purchase see 528,839,280 $75,367,505 been $200,000. notes, Treas. 411.775,430 for July—. Total $ August- $ 576,914,161 543,374,952 9,548,200 552,923,152 25,159,845 246,698,840 650,467,810 14,805,818 365,724,376 75,851,400 261,504,658 441,595,776 5,999,485 375,040,536 524,444,441 27,152,235 825,109,085 402,192,771 13,357,925 838,467,010 804,709,210 81,607,950 886,317,160 47,300,782 1,751,326,412 1,734,208,413 98,757,525 1,832,965,938 1,426,448,586 123,566,003 1,550,014,589 Certificates Notes Total for August. Total for eight 486,464,000 93,200,000 393,264,000 months 29,792,789,000 27,954,842,500 1,837,946,500 ♦Comprises sales of special series certificates and notes; certificates Adjusted Service Certificates Fund and Unemployed Trust Fuz:d to Federal Old Age and Survivors Insurance Trust Account, 10,540,950 614,006,814 748,507,085 39,854,250 788,361,335 638,595,471 83,166,875 to 645,124,314 776,722,925 150,613,000 721,762,346 sold 15,677,234 927,335,925 404,604,523 18,036,450 and notes 6,727,000 422,640,973 683,632,364 778,677,434 89,038,025 867,715,459 1,056,539,330 36,762,169 1,093,301,499 676,905,364 62,980,353 2,352,432,627 2,202,135,374 197,194,250 2,399,329,624 1,821,877,428 190,241,350 2,012,118,778 110,281,135 4,104,259,039 3,936,343,787 295,951,775 4,232,295,562 3,248,326,014 313,807,353 3,562,133,367 Civil Service Canal Zone 3,993,977,904 584,576.955 10,724,440 595,301,395 239,168,027 2,773,203 241,941,230 49,789,700 153,190,133 356,455,297 491,611,920 308,028,606 33,943,362 203,265,164 19,778,730 418,435,408 71,897,483 428,793,272 19,735,000 274,877,316 2,049,820,091 1,228,433,798 73,457,092 570,829,091 6,282,115,653 4,476,759,812 387,264,445 856,675,665 474,482,187 82,207,165 938,882,830 474,505,476 15,943,500 89,650,200 585,118,175 46,641,300 757,621,197 44,200,333 564,132,387 801,821,530 490,448.976 631,759,475 83,252,400 878,904,721 2,088,779,049 216,057,698 2,304,836,747 1,855,275,972 145,837,200 2,001,113,172 7,800,065,611 786,886,789 8,586,952,400 6,332,035,784 533,101,645 - (December quarter. Insurance Life Insurance Fund, National Fund, Postal Servicj Fund, Federal Deposit Insurance Corporation, and Loan Insurance Cnmoration. tNet retired. 4,864,024,257 October Foreign Service Retirement Alaska Railroad Retirement Fund, Capital Flotations During August, 1953 525,555,282 Long-Term Bonds and Notes (Issues * j Maturing ! Later Than Five Years) ' RAILROADS 795,652,321 and Details of New 1,301,890,890 1,203,031,903 Fund, Government 448,528,272 1,774,942,775 months- Life Retirement Retirement Fund, System, 327,807.336 490,332,891 5,711,286,562 quarter- Savings Federal Savings 1,153,242,203 September- Fourth in "Chronicle." 91-day f 1951 Total Refunding $ mature 647,165,350 2,289,452,274 November to rate yields Annual Savings 91-day 91-day 629,447.080 Nine on former G. Notes 1953, will Security 603,465,864 Third data data 9 July 16 346,904,800 1,936,400 18,900,780 has i 437,883,640 16,141,452 1,704,525,630 August the and increased maturity 1953, July July 367,400,365 $3,314,332,893 MONTHS purchases value. $ $390,611,158 2,180,965 18,214,900 23,648,290 645,228,950 392,874,650 526,974,280 255,437,955 June August $4,938,750 518,444,956 May- is F Aug 560,772,709 625,307,965 ___. sold Total Total 419,668,740 323,256,510 ; May FINANCING Total $ Intermediate of USE one year ago, Refunding -f 1952 Refunding $ Bonds. those Treasury notes of Series Sale of Treasury notes of Series held 19, way was 365,219,400 March maturity of Aug 27 $385,672,408 raised replace Series F and-G Bonds, respectively, J and K yield a return of 2.76% when Series to is set forth below: January February 1953 New $20,000 Type of current total rate starts accruing at the yield is higher in each the annual on instead G 1952, previous municipal financing for the first eight months 1953 Interest Also year. limit of Dated For August, $210,383,818. was 30, are 21.19 for combined Sale 1953. 65.01 1952. previous June 30.81 a SUMMARY March— K For tabulation of figures since January, 1951, showing the different monthly amounts of cor¬ porate financing. Further revisions in the 1953 and 1952 figures may be necessary, particularly as additional pri¬ vate financing is brought to light. January— February 2.50% 21.17 was months. one AND K—These 1, maturity, higher than and 5.92 $3,682,420 of Individual Aug 15 Total in August of the (current year were the $30,000,000 offering of Interprovincial Pipe Line Co. 4%, first mortgage and collateral trust bonds, series C, due April 1, 1973, and a like amount ©f Southern California Edison Co. 3%% first and refund¬ ing mortgage bonds, series E, due Aug. 15, 1978; the Beneficial Loan Corp. 41/4% debentures, in the amount of $25,000,000 and due Sept. 1, 1973; the United Gas Corp. placement of 1,171,863 shares of $10 par, common stock, totaling $24,609,123 and the 4% debentures of the Pacific Below be Offerings of United States Possessions during August last, were made up of the $2,000,000 issue of Anchor¬ age Independent School District, Alaska, 5% building bonds, due serially from 1954 to 1973, inclusive and $800,000 Anchorage, Alaska, 5% telephone and paving bonds, due serially from 1954 to 1973 inclusive. There was no financing by the Dominion of Canada, its Provinces or municipalities during the month. volume 4.08%, and land, building, size of the smallest thus far this year. c prominent and refunding operations. the aggregate cellaneous r balance interest H May to comparison of the current month's total with that July last reveals a sharp contraction in the latest month of category in the amount of $56,251,300 or 23.25%; oil, $32,135,250 or 13.28%; railroads, $20,835,000 or 8.61%; other industrial and manufacturing, $16,276,852 or 6.73%; investment trusts, $11,850,000 or 4.90%; iron and steel, etc., $9,877,3)5 etc., $2,732,190 or 1.13%. the from 8 years, instead to maturity. Issued at par, Series H months, with interest paid by check of if and months SERIES J figures. purposes 6 8 held Total 42.59 387,020,000 51,256,250 10 ------ capital our utilities * 40 Overall semi-annually. Redeemable at par any time after 6 months from issue date, on one month's notice. Series H has individual limit on annual purchase of $20,000. 45.87 97,736,220 136,577,500 336,831,000 1952. when held and eight '% of 1, (NEW)—New current income bond, Series H, available beginning June 1, 1952, bearing 3% interest, compounded semi-annually, Municipal financing in August amounted to $259,120,375 of which $255,437,955 constituted funds for new five-year table, we set forth below the total for each in relation to August's over-all volume. Public 36 ♦Revised of the aggre¬ as 26 33 for Taking 39 ______ April figure. month first $264,621,500 222,700,000 223,360,000 26 August offerings comprised only gate 35 —__ June stock 7 issues amounting to $4,702,730 or 1.95% in; the of SERIES as July issues were included in the over-all volume for August and constituted $63,226,175 or 26.13%. Preferred stock common ____ great. as privately Total Amount "May month's aggregate dollar volume and July's total of $99,397,895 or 16.70%. when compared with the total of $68,593,947 with for August, one year ago, the difference is not A placed February the of issues No. of Issues $67,928,905 28.08% or 9 $10,000 to months of 1953 follow: Stock offerings continued to decline in August as was the case in the previous month. They totaled contrasted to years doubled the at May compounded year. represented 65.01% of that period's gross dollar volume. For the month of August, a year ago, private .finnacing comprised 29 issues amounting to $170,159,000, or 47.7% of that month's total volume. comprised stood 3% end ■ notes 10 to intermediate and Long-term bonds and notes in August amounted to only $173,012,325 or 71.51% of the month's total place¬ and from $51,256,250 or 21.19% of that month's over¬ corporate financing, iln the previous month, that is July last, the total was $387,020,000 made up of 40 issues . while short-term bonds 2.9% all $239,168,027 of the total volume for August, while re¬ funding issues totaled the very small sum of $2,773,203 in keeping with the customary trend. t ments, E—Beginning from semi-annually when held to maturity. Higher rate achieved by shortening the maturity of the Series E Bond amounted to for capital SERIES on and amounted New August Eight Months of Calendar Year 1953 Total corporate financing in the domestic market dur¬ ing August stood at $241,941,230. in 3 X$5,460,000 Central of Georgia Ry.-3%% equipment trust certificatea, series Y, due Sept. 1, 1954-1968, inclusive. Purpose, for new equipment. Price, to yield from 3% to 3.70%, accordiftg Immaturity. Offered by Salomon Bros. & Hutzley; Drexel & Co.; Union Securities Corp.? and Stroud & Co., Inc. 12 months +4,500,000 Gulf, 6,865,137,429 Treasury Financing in August UNITED The Treasury Department announced that $2,781,117,<000 was subscribed for and allotted to the offering of 2%% Certificates of Indebtedness of Series D-1954. Certificates the Aug. <on 15, were 1954 dated and Aug. 15, offered were 1953 and mature exchange Treasury Certifi¬ cates of Indebtedness of Series C-1953, in the amount ©f $2,881,576,000, maturing Aug. 15, 1953. ' Cash sub¬ scriptions were not received and the remainder not ex¬ changed were redeemed with cash. basis, par for par, to holders on an of 2% 0 STATES TREASURY Date FINANCING Dated Ohio RR. 3]/a% equipment trust certifi¬ due semi-annually March 1, 1954 to inclusive. Purpose, for new equipment. Price, to yield from 2.75% to 3.30%, according to matuy* ity. Offered by Salomon Bros. & Hutzler; Drexel & Co.; Accepted 25 July 2 July 9 July 16 July 23 for July six 2 Series E-1954, open on and an 2%% Treasury exchange basis, holders of 2% Treasury Bonds of 1943, maturing 386,242,500. The Sept. 15, Cash subscriptions par of for Series par, to 1951-53, dated Sept 15, in 1953, Notes the were amount of $7,- for Total 2,191,934.000 1,500,254,000 2.165,888,000 2,276,662,000 91 days 2,380,096,000 2,262,326,000 99.493 1,500,174,000 99.468 1,500,280,000 1,500,400,000 99.462+ 99.455 1,500,209,000 5,900,636,000 100 91 days 8,686,806,000 402,193,677 12 years 471,581,700 Aug 6 91 days 2.409,602,000 91 days Aug 13 Aug 20 91 days 2,363,408,000 2,494,745.000 Aug 20 Aug 27 92 days 2.545,880,000 Aug Aug 15 1 year 2,781,117,000 9%-12yrs. 371,218,010 Aug 1-31 Aug Treasury Department in August outside of *2.107 confined ©f Treasury and its child Co.; & *2.126 McMaster *2.157 Bills, Savings Bonds, Tax Anticipation Notes Depositary Bonds. for c Total for •Average separate 99.460 1,500,959,000 99.465 *2.101 371,218,010 *2.001 In the ( 2*8 478,751,200 100 lowing 2 c on ,!:sp.<\r « .t . JSUSLJJC'JLjr iii' fritmtfis a Co., Inc. equipment trust certifl- discount were .. t • Wm. E. Pollock & Illinois & Co., & Co.; Co.; First Co., of Inc.; Gregoyj Michigan Corp.; Mullaney, Wells & Co.; and Inc. on 6) page as a Comprised years " follows: of comprehensive tables •>}] three i > den year on the fol¬ the August eight months' figures with those we compare for the »" F-.07, basis, changed Yantis pages and the 995,210' <{<)'.* L___k__ 72,084,513,213' bank all of which • The Hutchinson *2.116 1,500.435,000 99.469 1,501,834,000 99.489 2,781,117,000 100 a 'J dcM- 314 % *2.136 a eight rate series, S. Inc.; (Continued 1,500,409,000 1,272,000 100 August Freeman & Co.; Son., F. 2 1.272,000 .. Total and Stroud & RR. due ♦Represents issues placed privately. {Indicates issues sold competitively. {Indicates special offering. 478,751,200 ''' M, 2 Vi a 2 years the operations to the usual weekly salet Corp., Nashville Aug. 15,; 1^54 to 1968, inclusive. new equipment. Price, to yield from 2.90% according to maturity. Offered by Halse7, & Co. Inc.; R. W. Pressprich & Co.; L. F. Roths¬ & Co.; Blair, Rollins & Co., Inc.; Baxter, Williama *2.106 ' above & 3.35%, *2.007 12 years 1 Louisville 14,279,815,377 Aug 13 Aug 1-31 August not received. 99.468 a 402,193,677 4,087,000 100 471,581,700 100 4,087,000 2 years July— Aug 1-31 Aug 1 Securities G, 1968, cates, series Purpose, for to 91 days Aug 5 % 91 days 1 I series Stuart July 30 6 Yield 57,804,697,836 91 days July 9 July 16 July 23 July 30 July 1-31 July July 1-31 July +7,650,000 Price $ months July 6 July 15 247 days July 1-31 July 1 9%-12 yrs. offering, of 2%% Treasury Certificates of Indebtedness A-1957, & 1, Union 1953 Amount Applied for Due $ Total Jun DURING Amount Offered The Treasury announced on Aug. 28 the details of the <of Mobile cates, Sept. tRevised. corresponding periods in the four thus affording a fivecomparison. preceding, . 1,80. 1,80,0 38,0 38,0._— 20, 150, 241.50 4,6250 38,0 0 4,62,50 150, 0 20 ,0 0 38.0 0 241,250 *2uAFOYMTUEIGFLVHINAORSUECPNDL19?491—5--9502—:TTN:RCoeaftvupRoCnTiwNeCtdlafNapnlpigdtiw$gwlgS$lS$$3875,226,08487,30..5367—1.21410^6.9_9r■ -r——-»— 814,302971935,168506,24097IO—■0__ZZ~l^~.Y-5ooO:Z09,8.37.j.—627198,384305,47627210PamrCouDSnbtvfRicephGacBlFvdntersesmphfuodmtdaigkfnlcy ■•>.FYMTOAEIUISUHVCGNNONRRPREEADWT19191—590:5T2RCoNeaftuRTpnCedoiNflawutpngaid_lwl$g$$7';_763660_24,70—2,451033512.,8849.967--•= 15^6,7764,9583087081212>9/'' —-—-._~■ur,«^■«z;15230., 325100,5,6.1523-0:VZv•■;,./-Z4Z672_~97864386982.5-——.116.,237779,4-_83—;_-:■5<■9—'i!—,..549,138166500*,3248760.95,239,C472...•92,5—_——"143613,58.47,70695_IZ<c7850361480,392571693,8510260.4,927 $RTCeNofauTnpteRd.oaciewtflgulandlig$ —_:. FGAFOOVCRERENMPIGNAT,T, 1»53 1732,30170,585 4746380622-'*,1.7903 —— 64134,897,50028 1—95-3 1,01,0 ;Z.■ 24,21739931680 TRoCeNtfaaupneditwlg$$lOo_ - 2412,973913.6800JC^nadf'GZovermtZ Z1461074"~"395J7Z'.2,8_ frSbofmtauunoicpnletyieddss OGACRHNURFPIDTE t^.na5°"$?8!32r03eSZZ__50,'05'-8,;8,52060ma9nufct8rigZ.'3_3,264645Zetc.5i3,0153,"blZoO 721708,35 No•t■es— —>._~1,01,0-V etc. 4l1Z9548lZ,39U0tilT~esZ628.327;—._!—: 6,576,m2a8nu20f0ct3r4i9g—1135.786•1:_. 1150e5tc.3,28—0- 675,962718,3.^'0$32 20,85305919,t836._27_L_—: 16,1735.8.206349 ■91—__- h1,8ol5,d80i5n0g,—"eJtc.66 )■ r — : <Capitl 6 <S New OSUMFARY — ' «tocks_Z Zstock stock_ boannodtesds Zstock s;tock corpate and"govtTecis'Mun&icpacl—iStessposei^ fdiignucloruedset ■. AUG—ST Zutiles_Z cceoopta.l,,'manufctres oiindausntrdl bueildtncgs, tthrroaulddsiinng,, Boa'"ZnlhSd0rt-Tsem utiles cecotop.a_lr,,manufctres 8<6~SoiindmauansnutfrZdctlrig bueildtncgs, thtrroaulddsiinng,, esctotepl/.c_oa,,manufct—res oi.indaunstrdl bueildtcngs, - htrtoarluddisinngg,,, eccotopal,,manufctres— oieinmadanuunsftcdrtrilg !bueildtcngs, —.—. trInavedstmin"gru,, sceocruprit—ate foreign- DaCorp te omestic— Long-term Pref red Com on Candi — Pref red Com on Other Long-term Short-em Pref red Com on StaT f Total FL[ arn United ' toal Grand OF MONTH •Thes J Public Eqti'lpnd t Moatnodr? r-->t»r. '"?- ro 10( ! JoiRalr ad ste l, J ■ 04 ;j - Otlife? Miscelanous £incl Lapdj. j^ifpngZ Investmn Total Railroads Public ?*psftrebnl,, Equipment 'j 1 Qia, . Investmn Miscelanous •in.f Motors Other Land, Rub er Ship ing Ti.nL' ' .Oil— AOFUGST boannodtedssShort-em"_ stock MONTH ' .. ■°,fI Oil ' Public' Maontodrs Iron,Equipment : ' Investmn Miscelanous Other Land, Rub er Oil Total utiles Rahroads Public Isrton,e l, Equipment Maontodrs Other Oil Land, Rub er Ship ing Miscelanous Total $ 3,805762 5,940, 0 251,703 5 408,26 42 2,0 ,0 30, 0 10, 0 16,0 .0 765,30 1,84526 0 2,70 0 4,078263 6,82704 Refundi g 127,09 26 209.474 20,65 0 7 ,50 148,6590 94,0 0 ,¥90. 17,35 921 10,7 0 872,30821 $ -19 Capit l 3,25 746 $ New Total $ 27,54 50 5,04,790 '•.<* Capitl 35,1920 1,5604 79,820 6.39,0 1,80 0 587,3074 384.950, 32.0, 45!~6<X)O 279 ,608 { - New YEARS 10, 0 125,70 6578¥o~6 2.483 2,09 51.20, FIV FORE i:Tot' al 4 ,474 165,0 "v • 42,9160 24, 570 154,0690 1,36,740 5,940, 0 175,0 7,51 ,350 47, 2 1 2 31,342,1272805^5977.646 105, 26 5,^25,0 70 ,0 0 659, 6192 37,9260 2,06 3584 105,360 6,39,0 1,80,0 753,1690 391,76 40 40,950 45,~607 0 7,51.350 291,4 720 * 4 7, 50 298,50 281,250 21,4750 20,7340 83,0470 1,250, 0 12,6 976 5,748,50 8,5670 15,92 74 40,5160 24, 570 153, 8940 1,065,240 175,0 7,!»1,350 47, 0862 209,47 35,1920 1,976$314 104,6.50 6,39,0 :l,80 0 740,89714 386,01524 32,780 45,60. 0 7,51,350 275, 396 007400! 2 *$'4« 36,8360 1,80742Od 41,536750 •6,2 0 250,Tl87250 28,16530 43,70 63870 6,50 0 21,740 3,0 746,950 17,0 0 ' 31 150, 0 5,790, 0 15,60 0 $ 1,82794, 3,0 ,0 37.926,0 1,629304,6 81,0780 6,39,0 1,80,0 59,10 390,4 0 40,7 0 45,60 0 24375 608 Si 6,0 0 16,0 0 164,05 0 12,0 0 30, 0 " $ Refundi g 20,7340 63,29.70 1,250, 0 12,7926 5,40, 0 8,567,0 -194 601 5,730526 231,05 7 407,8492 2,0 ,0 2,97601,5 157,42.0 39,21608 478,02 96 Total ,.170 Total 5,730,526 ! 24L250 139',7250 157,420 56,7104 1,93062 189, 3816 20,97210 1,78,270 29,043951 69,45018 683789,5,256924 241,250 36,8360 2,38105 47 53,46812 6,2 0 40,7126 29,137460 45,1720 "~638T6 O 95,43951 420,9 18 , . 134,,900296175 1950 7551,94,,874.2636520 RCNTeRafuoeepnfiuttwdndlgig$$ 2,84.0—— 623,880,06,50EAEMTFNSOUIGDTHOAGTHRE.S 912768,138.,,30917750.08544,99603143,1;68205 9873173,09232,,855908047:_i——.0 614,267981,,7080259706 3623,492 961,84 4,07965 1,293.405 5,29814 3,964507 918,,0476.52,93472748605120 OCNIGSORREPUUFPWEAIT 45,,94259971,80603.141662 LFFGACOOVRNEREPIMDGNATT,,31 - — 4,81726 agencisA. SFfagbpylylP^DCbiDSrRtoeeoaotevmachvcnonulnrsspidctmrfduesdi.t,' •. 31 —:; ,manufctrig T~ heoltdcin.g, —., manufctrig i—heoltdcin.g, — manufctrig hoeldticn.g, ; manufctrig hoeldticng.,—: — Refundi g 93,8 430 51,309 30,857265 6,428,40 8,0 ,0 10, 0 125,70 50,3 0 59,7130 1,895,0 $ -1.950 Capitl 1,982 07 106. ,10 362, 34 471,59816 19,54 50 $ 5,04,790 3,0 ,0 4,506. 0 $ 3,741358 391,869 63,9 73 7P0. 0 Refundig 26,4 .962 91, 243 9,750,50 $ -195 EMTAFFY3NMOIUUHGIDANV1CRRPSS.L Capitl 3,0749236 3,806 0 29,74563 654,218 3 $ 2,50,0 9,46 ,250 5,0 ,0 l¥TO~08 2,7150 24,.95105,49168 70 ,0 37,28574 97,8 10 719.35,127 2,5470 106, 378 36.912,50 12,7 0 2,50 , 0 60 ,0 250, 0 60 ,0 10 ,0 1,90 0 60 .0 150, 0 1,50 3,806 0 5,06 50 462,9381 72,019.67 2,56 ,0 9,30 ,350 695,0 0 90,0 0 25,0 0 37,6035 680,539. 7 27,83,16 38.C1 529 93,654 19 3,194,873 28,31/750 9,729517 7,81,31920679420 1951 CNapeitwl"$$00°160391418'35,002581630609 2.34,875 46985570333791,112 39,0 1122,075,0008 242,1549,57607 4,33,0782047,5961 UNITED 284,0 alites. _ 2 13,9520 8,39410 106, 1 0 52,735807 1,93062 24l",250 183, 281 20,97 10 1,520 29,043951 68,57 8 841,96 4 268,9 50 50,9 812 6,2 0 241,250 34,086 192, 4960 32,8045 63~80 95,43951 306,9 8 1,6.7920 50. ,0 204,850 1.270, 1,924578 7,0 ,0 50, 0 173,85.0 32765,0 1,874 92 7,0 0 2,50,0 6,74 50 5,0 0 I,_450, 08 17,0 0 "872 30 17.0 ,0 367,5294 36,90 9475T 6 46,83015 New 70 2 267! 5 15,40 2,4351906 49,250 New Total 51,309 51,309 3078~ 5240 5,"31079 ~ 1, 50. 0 4,506 0 5,065, 0 491,3281 76,8476 132.140 390,4571 16,72189 1.450, 8 1L34816 72, 6043 186,7250 1,9427 831 245,1367 34,16.50 2.84,0 1,37 09^4 120,86530 3,410 104,7508 2.80,0 1,34186 354,8916 1,0672. 70 ,0 28,3690 4,82,0 5.980,3 2,730,50 1.0 ,0 1.476,053 104,38 18,3970 59,260 9,27 640 13,82065 14¥o~6 72 35, 05 3.872,0 1,0 0 78,23 95 132,140 34,7 8 13,9 8 1,450. 8 10,34816 61.249,0 168,2750 1.83,9 235,8 97 20,34875 0 0 1,29.037 85,34 0 29.471,0 104,75.8 2,80 0 10.34,816 276,5 2.284 2 _ Total $ 4,31507,1 37,68350 421.03,619 869,7128 12.0 , 0 3.~85C)~o6 2,360 Refundig 470.5678 4,80 0 15,49650 5,08,20 $ -1952 Capitl 3,025,0 5,791826 New 50, 0 67,850 120, 3650 1,37. 5430 2,915607,854 23,950 s 412, 92 1,697,093 476,2 6 16, 09'l 0 THE IN 498,31608 1,680 1.03,98^6 267,5896 3,84.50,73 32,96035 405,1.96 864,70382 12,0 3!8~50 19,350 $ Total 1,207.230 988 1,470 259 90,0 0 Refundi g 20,7390 1,20 0 7,20. 13.67,3 6,457925 50, 0 56.182,0 120, 3650 36, 043 2,64807 6 23,950 2,56,0 Total 37,40 13,96 0 1,20.0 New 90 .0 1,37049 23,574850 20,7390 1,4960 78.63,40 146.79,583 10,7 925 90,0 0 25.0, 0 32,96035 670,589 7 26.90,736 375,69 7 89,34519 3,194,873 L750 98,29517 4,50.350 695,0 Capitl 21,530 1,69583.0 398,506 16,09.1 1.073,59217 253, 086 1,380 12,0. 193,8490 $ 9, 49,60 963,40 8.041,850 3,720, 0 4,80,0 4,80,0 50,712 0 470,5678 $ -1952 412,9 0 2,38019.527 504,9 63 16,0910 1,60 42^59 354, 7830 1.560 15,94873 28,317503659,15276 90,0 0 51,6210 28,32 _ 21,530 2,36904827 425,16.23 16,091 1.453762,94 34,159.0 1,470. 15,94873 28,31750 317,94.17 18,931246 75, 1689 214.8620 1.945,68037 237,489.5 24.850 85,1065 47,21398 16,430.69 27.0 0 218.4326 924.38,19 <>Hi'O Total $ 3,57248 5 176,40 320,1853 78,5624 26,0 0 62,37182 Refundi g 12,74615 201,250 7,65,430 3,160,483 $ —1953- 85,0. 976,325~6O 3,8970.38 3,90. 0 4.91,506 123,78 18,0 0 854^90~ 75.367,50 Gover,amnudtcip $ 214.862,0 1,2795 60 195,30 24,850. 729,1 ~20 392,8074 16,07285 27.0 , 0 60,5~00(b 687, 650 3 16,20 176,40 652,18 5 42,17 58 3,60845 124,7365 84.0,3 1,6.249 '-u>_ 630, 0 38,54 715 1,3490 1.0 ,0 ¥451,30 14,89260 12,74615 -1953 Refundi g 31.0 0 20.87 ,0 $ 357,86 201,250 201,250 7,536,905 723,46 721,025 1.854,19 10,83591 31.0 0 28.406,95 630. 0 39,27 19 2,07 25 I.O .06 4,5130 16,948.369 4,10379842,63561570.928 18,0,3752106.7839 CAHANRDTE 123,78 1,97234 1,50426 SOUM FARY boannonteds-d# :- stock- stock boannodtedss - stock 'stock- foreign- boannodtedss : stock; stock corpate IBntearanionkl Governmt- forgoeveirngmntGoavnd, Muncipiatl—Ses,PSostaeiens "doInntclude fBoanrk/'i' AEUNGDST NBootaensd-s *:uti;le.s manufces ;ori indaunstrdl etc-.b-—uildngs, — Miscelanous NBootaens-ds ; 2utiles ori—. inadunstrdl —.—a- Miscelanous -— ori anjipdustrl bueiltdc.n—gs,1 Micelan—ous / orie indaunstdrl Miscelan-o2us sceocrupritate EAUNGDST ceCoptoarl,, l. ttrraudsing,, eccootparl,,manufces bueildtncgs, —ittrraudsng,, cecooptalr,,manufces —;ttrraudsing,, utiles cceootpa.lr,, manufces beuildtcngs, :_w4trtarudsing,, Capitl New $ - 3,4(15093 176,2057 312,4623 75,6972 26,0. 62,37182 MONTHS Corpate* Domestic— Long-term Short-em Prefred Com on Candi - Long-term Short-em Prefred Com on Other Long-term Short-em Pref red Com on 67,80 12,3450 3,14 2893 3,90 Total 6 H Candian Loan § Other Farm toal Tigures ternaio l "-Wjei, Grind ♦ United ' Capitl 183,620 1,2587 60 194.6750 24,850 690,4385 391,4580 16,07285 26.0 , 0 32^048,70 672, 390 3,491063 13,96 0 $ 37,40 New 357,865 160,98750 176,2057 64,58123 42,1758 123,90 1 83,6513 18,93246 73.1,70 1,20.0 •■ Siese i^ctW i __ MONTHS Long-Term Railroads Iroh',3atel,Equipment Maotnords Rubfet^-— Ship ingInvestmn Short-Tem Railroads ste l,Equipment Moatonrds _i IRu>b er ShipingInvestmn 8 Public Other Land, 183,620 236,859 24.850 815,3486 475.13,9 16,43069 26,0 0 213,97 46 907,48.20 4,8172 6 Public Iron," Other Oil Land, _ 'Stocks-* Total util es Railroa—ds lron>«,Stel Equipment Maotnodrs Rub—-er. Ship ng. Investmn Other Land, Total Total- Railrods- — Public Isrtoen,l, Equipment Maontodrs Other Land, Rub--e<r Sihip ing Investmn Total 6 The Commercial and Financial Chronicle (2302) (Continued from page 3) according without ■13,225,000 Pittsburgh Lake & Erie RR. 2V*% trust cer¬ tificates dated Sept. 1, 1953 and due Sept. 1, 1954-1908, inclusive. Purpose, for new equipment. Price, to yield from 2.90% to 3.40%, according to maturity. Offered by Salomon Corp., Bros. and & Hutzler; Stroud & Drexel Co., Inc. equipment Co.; & debentures (par able. Purpose.1 Price, 31-year out & Potomac Telephone debentures due of Co. 15. Aug. City Baltimore 1984. Purpose, Co., by Halsey, Stuart & Co. Inc.; Auchincloss, Parker & Redpath; Baxter, Williams & Co.; William Blair & Co.; Courts & Co.; Dick & Merle-Smith; Equitable Securities Corp.; Freeman & Company; Gregory & Son, Inc.; Heller, & Co.; Mullaney, Wells & Co.; New York Hanseatic Corp.; Wm. E. Pollock & Co., Inc.; Salomon Bros. & Hutzler; Schwabacher & Co.; Stern Brothers & Co.; Walter Stokes & Co.; Stroud & Co., Inc., and Thomas & Co. Bruce Oversubscribed. •4,500,000 Kansas-Nebraska Natural debentures Placed •500,000 4%% for new sinking fund 100,000 Schweser's construction. Republic Co. retail Telephone & Telegraph Co. 3%%' first series C, due July 1, 1978. Purpose, for bonds, construction, Southern etc. California Placed Edison & 3%% ' first refunding and and " accrued •riman s interest. Union Corp.; & Inc.; M. & Co.; Marks & Co.; Auchincloss, Reynolds Parker & & Co.; Trask Burge & Redpath; Ball, and Co., Inc.; Johnston. 299,850 q. Legg & Co.; Chas. W. Scrant.on Co.; Baker, Co.; Farwell, Chapman & Co.; Johnston, Lane, Co.. Inc.; A. M. Kidder & Co.; Newhard, Cook & Co.; Pacific Northwest Co.; Shuman, Agnew & Co.; Starkweather & Co.; Chace. Whiteside. West & Winslow, Inc.; Scott, Horner & Mason, Inc.; Stetson Securities Corp.; Richard W, Clarke Corp.; Davis, Skaggs & Co.; Rice Irving J. Norfolk; & McAndrew Share & Co., Corp.; Inc., Investment Williams & and Mead, Miller & Valley 30,000 International (par Co., INDUSTRIAL OTHER Consolidated (par $8,000,000 McLouth Dec. Steel 31, tial Corp. 1982. privately to COPPER, 5'/4% convertible Purpose, for Metropolitan OTHER $1,781,250 Atlas Insurance Co. of America through due notes The First 40,000,000 Boston Corp. Co.; Francis INDUSTRIAL $5,000,000 Atlas Plywood Corp. MANUFACTURING and due Sold 100% and accrued interest. Underwritten by Gardner; stock & Weeks, and Shields Brunner ble debentures ($252,000) in a Allen 6% for 31, subordinated 1968. and accrued Purpose, interest. Barron H. Ellis McCulloch; Co.; & J$800,000 refunding Underwritten Cohu & Co.; by Company, , Kraus; Burge Cowen <fc ^ ,,,r backer Pon & Co.; Co., 1968. and Co. Purpose, to & loans note and due for M. Inc.; Co.; Reinholdt Inc.; Shields & Co.; Mason, & & Williston, & Bruce Inc.; Co, & for Investors Blackstock Company; Co.; McAlister, & Co.. Inc.; & bank retire to Stephenson, Co.; Sutro Bros. common Gearhart of stock Price. $1.25 loans. $1.35 and subscription by & Co.; Kuch & shares 215,000 Co. stockholders company & Broome & Oversubscribed. Co. Purpose, to Hancock, G. Newton Lentz, McCarley Allen Auchincloss, Cohu Florida First H. Co.; common by Inc.; Kraus; & Barnett; & Stockton Incubator $li. Co., Co.; & & Company; Co.; Underwritten Burge Ellis of and working capi¬ for expansion Ball, H. shares 100.000 Investing Lemon Terry share Co. Meyer Pate, and Co. (par a.'u., Dabney & Tyson; Aug. other 1,250,000 Combined & Co.; Allen Ray (par Price, $12.50 hill. Noyes Lestrangc & by public. to Offered stockholders. and McCoy &> common Otis, & Simmon's; & Co.; Co.; H. Inc. & Co.; berger & Co.; & build¬ & Co.; McKee & Rodman & Linn; & Inc.; & Co., Sept. 1954-1973, 1, Mullaney, ir: Co. - Gillespie Wells Harris, Inc.; Co., & of Arthurs, Inc.; Ellis Blunt, Inc.; A sub¬ Hemp¬ by (Inc.); Julien Collins Chapman & Co.; W. Wouters; Hallowell, Sulz¬ & Co.{ Henry Herrman & Harrison H. The Inc.; Milwaukee Co.; Jackson & Curtis; Webber, Paine, McCormick Masten & Co.; A. E. Jaeckels, Co.; & class of expansion Co., & Co. & Farwell, Co.; Carter item). cor¬ privately to Penn Mutual Life Goldman, Sachs & Co. and Fulton. bonds due Emerich Rollins The Marshall Co.; Co.; for Underwritten share. Byllesby & shares 100,000 Purpose, per Ames, M. Cruttenden Gibson C. Pohl & Co.; & Co. Co. $1). Co,;. Blair, & & inclusive. Purpose, for improvements. Offered by Foster & Marshall; Blyth & Co.. Inc.; Allison-Williams Co. (see associates in preceding ing 1, Paper stock sidiary. & Mayer; Badgley, Frederick. vvoOOtiru-Ui*wood & Co., Town- E. Locks common Schwa- Co.; 12,000,000 Anchorage Independent School District (Alaska) 5% Oversubscribed. promissory bank repay porate Sold purposes. Insurance Co. through Reid Terry & Co. 4 Va % A. Willard. Kennedy & Brittain Seasongood Co.; and Stroud & C,nF. S' oc Firs! send, Controller & Underwritten rr„ <fc Albany Corp.; First Florida Inc.; Johnston, Lemon & Co.; Reber. Mundt Inc.. Reynolds & Co.; Security & Bond Company; Sutro Bros. Law 268,250 Buckeye States Possessions various purpose bonds due Sept. 1, 1954-1973, inclusive. Purpose, for additions and improvements, Offered bv Foster & Marshall; Blvth & Co.. Inc.; and Allison-Williams Co.; John Nuveen & Co.; B. J. Van Ingen & Co.; Stranahan, Harris & Co.; Wm. P. Investors, •2,000,000 Clark M. per Anchorage (City of), Alaska 5% & Co., & D. Johnston, Smith $194,535,000 of bank loans, investment working capital ($1,243.000>. for A. Co.; Franklin, Co.; by repayment and Colket, R. J. share. per Valley Redpath; & Inc.; Newcomb, United and Purpose, $6.75 & Cowen & $1). (par Leydecker, & MacDonald Horner & Co. Inc.; Co., Hewitt; & Co.; Mason-Hagan, Co.; Penington. & & converti¬ & Company; Mohawk Valley Investing Auchincloss, Parker & Redpath; Ball, Inc.; D. and 100% Inc.; Hornblower Oversubscribed. July subsidiary new Price, due Co. Co. & Manufacturing & Kreeger & & Corp.; Hentz H. Space Lane, Jones, Ryons Co.; Scott, Mohawk Parker Offered through 2.75%/ consolidated due March 1, 1954. Johnson, Co.; Manufacturing Price, Co.; the banks. for agent & Starkweather B-1954 con¬ 17, 1953 and Aug. & Lester, Doolittle Securities Co.; & & Sherrerd;1 Cohu Co.; First Co.; Stone Boenning Inc% & & Oversubscribed. Van Alstyne. Noel & Co.; A. C. Allyn and Co., 1,500,000 series refunding. Price, at par. Offered by New York fiscal agent. %, Purpose, G. Miller 675,000 Brunner 54,535,000 Federal Intermediate Credit Banks debentures dated Sept. 1, 1953 and 5% sinking fund debentures due July 1, 1968. Purpose, refunding ($1,950,000) and to repay bank loans, etc., and for working caDit.al ($3.050,0001. Price, fiscal Weeks; Co.; Mead. Government Agency Issues Smith, <fc Lemon & & Hayden. Co. Davis H. (par Price, $11.87'/2 per Noel & Co.; A. C. & Redpath; Baker, Butcher Co.; Paul duPont Johnston. & Rollins & Co.; Co.; Kidder Purpose, refunding. Price, at par. 1953. Everett AND Blair. & I. & Hornblower Up to Inc. Loan Banks 2.875%/ notes (non-callable), dated Co.: stock common by Bradford Courts of shares capital, etc. Van Alstyne. Auchincloss, Parker Inc.; & C. J. MANUFACTURING for working & Co.. Sfmonds Co.; Federal Home Loan Banks 2.60%/ series F-1953 consolidated notes (non-callable), dated Aug. 17, 1953 and clue Nov. 16. OTHER Price, at equipment, etc. for subscription by stockholders, 150.000 Underwritten Allyn April 15, 1954. Purpose, refunding. Price, at par. through Everett Smith, fiscal agent for the banks. due shares of common 30,000 to buy AND Corp. Purpose, share. Offered program. Sold Co. and Pruden¬ Insurance Coke Co. & Purpose, INDUSTRIAL Plywood $ 11. MANUFACTURING AND Home solidated income expansion Life All sold. $1,877,315 & Co., Inc. 3 '/4% promissory note for general corporate purposes. Textile Loan and Federal $100,000,000 ETC. Coal $1). by company underwriting. without share. per Offered tal. COAL, $1 speculation." a .for exploration and drill¬ Offered by Vickers Purpose Price. Thomson Creek par. Inc.^. Oversubscribed. 1955. Purpose, 3, to Lester Martin & Co., Farm STEEL, 1-/.' Sulphur Co. 400,000 shares of common cents). 10 expenses. stock $50,000,000 IRON, ; Mining Texas ing Including Five Years) and of Co. Corp. Co. & Corp. 299,000 shares of common stock (par 10 cents). Purpose, to acquire mill and for working Capital. Price; $1 per share. Offered by Miller Securities Sun Goodbody Jan. Price, stock Barrett & Co., Inc.; Co., & Short-Term Bonds and Notes (Issues Maturing •SI 000,000 1,999,000 shares of common Purpose, for exploration and devel¬ 15 cents per share. Offered by Mining Corp. cent). one expenses. Co. 400,000 $53,013,000 & Bond Uranium Tellier 299.000 G. Co.; & T. C. & Indianapolis Plateau opment Co.; John Watts Space Purpose, by company stock; (par . 250,000 shares of common stock (par for drilling costs. Price, at par. to public, without underwriting. Mining Co. cents). Price, Purpose, for working capital. Offered by Tellier & Co Offered Co.; & Lemon speculation." a (par one cent). Fairfield 20 to Purpose, Noel Co.; & duPont Robinson-Humphrey sinking fund $1 Union Co.; of The 50,000 capital. Price, 100% Underwritten by Johnston, Lemon interest. accrued Kraus; Alex. Brown & Sons; Field, Richards & Co.; First Michigan Corp.; Fulton. Reid & Co.; E, F. Hutton & Co.; Prescott, Shepard & Co., Inc.; Stein Bros. & Boyce; Price, 15 cents per share. -,i- working for and loans Alstyne, Spencer „)<• for a new Ellis,, Holyoke by (approximately Corp. 299,000 shares of common stock Purpose, for equipment and working per share. Offered by Baruch & Co., cents). "as stock Purpose, Offered par. serial 6% and company Mining Brothers "as Riter Corp.; Wertheim & Co.; A. C. Allyn & Co., Inc.; Dominick & Dominick; Hemphill. Noyes & Co.; Hornblower & Weeks; W. E. Hutton & Co.; Lau¬ rence inclusive. 1954-1973, 1, Aug. Securities Corp.; H. P. Wood & Co.; Van & Co.; Auchincloss, Parker & Redpath; H. Walker & Co.; Mason-Hagan, Inc.; Scott, Horner & Mason, Inc.; Stein Bros. & Boyce; Mackall & Coe; Goodwyn & Olds; Robinson and Lukens; Doolittle & Co.; Clement A. Evans & Co., Inc.; Sterling, Morris & Bousman; First Securities Corp.; Ferris & Co.; Rouse, Brewer & Becker; C. F. Cassell & Co., Inc.; Francis I. & by Blyth & Co., Inc.; HarStone & Webster Securities Securities Co., 5%% 5%, Inc. at due debentures shares of common stock increased accounts receiv¬ $1.10 per share). to public, without underwriting. to market at 300,000 Colorado Uranium Mines, Inc. 2.000,000 shares of common Co. and Offered Ripley Sons, Price, reduce 'bank mortgage bonds, series E. due Aug. 15, 1978.' Purpose, to repay bank loans and for new construction. Price, 100% 4%> State Loan & Finance Corp. 5% seven-year subordinated debentures due April 1, 1960. 2,750,000 privately, Co. due store. by 10 Inc. notes due March/ bank loans and for working with an institutional investor. repay Corp. (Geo.) debentures (Inc.). Carolina & mortgage new $30,000,000 Inc. Co.. Purpose, through Central privately Norfolk Gas i973. due to privately Finance Pacific Offered (par 3%%: promissory Co. & Purpose, Placed Price, capital. 1959. Purpose, to repay bank leans. Price, 99%% and accrued interest. Underwritten by Blyth & Co., Inc.; Hornblower & Weeks; The First Boston Corp.; Glore, Forgan & Co.; Goldman/ Sachs & Co.; Harriman Ripley & Co., Inc.; Kidder, Peabody & Co.; Lazard Freres & Co.; Lehman Brothers; Merrill Lynch, Pierce, Fenner & Beane; Smith, Barney & Co.; F. S. Moseley & Co.; Paine, Webber, Jack¬ son & Curtis; Salomon Bros. & Hutzler; Dean Witter & Co.; Harris, Hall & Co. (Inc.); Central Republic Co. (Inc.); Lester, Ryons & Co.; The Milwaukee Co.; Schwa¬ bacher & Co.; Shields & Company; William R, Staats- & Co., and Paul H. Davis & Co. Oversubscribed. 20,000,000 to advances from American Telephone <fc Telegraph the parent. Price, 101.52% and accrued interest. repay Field 1982. COPPER, ETC. 181,331 finance Corp. Purpose, $li. 299,000 Colorado underwriting. 1. UTILITIES Eureka Offered expansion and general corporate purposes. Offered by company to public, with¬ for capital. 3V2% Supply, Inc. 20-year 7% $500 per unit. •4,000,000 Marshall $515,000,000 Chesapeake Central Aug. 15. 1973 and 1,600 shares of capital stock (par $1) in units of one $500 debenture and 10 shares of stock. $20,835,000 PUBLIC $199,465 1953 Monday, December 14, . IRON, STEEL, COAL, public, to company due • . by underwriting. 80,000 Entz-White Lumber & Securities Union Offered maturity. to . . Shillinglaw, Bolger & Co.; Sills, Fairman Moore & Co.; Suplee, Yeatman Smith, Walston & Co. and Woodcock, Hess & Co., Inc. Oversubscribed. $2,800,000 $8,500,000 161,556 STOCKS (Preferred •530,000,000 Interprovincial lateral trust Pipe Line bonds, for expansion. through The First 4% Co. first mortgage series C, due April 1. 1973. privately to 37 institutional Sold Boston and stocks of a ferred stocks of no col¬ Purpose, computed LAND, ETC. Church bonds semi-annually from Dec. 1965, 100%■ 339,325 Hotel due Purpose, accrued Drake tures (par inclusive. and for interest. Corp. 1963 of 4% and one Ind.) 1954 to shares debenture income of and share one Mary's bonds Hospital, due inclusive. from Inc., .mortgage semi-annually Purpose, 3.50%' to for July to construction. new 4.35%, 1955 1, according July Price, 1968, yield to maturitv. to & to interest. Becker reduce 4%% v stock bank Underwritten & loans. by due Price. Eastman, Sept. 100% Dillon 1, and & A. & Co.; Merrill Webber, Putnam , Lynch. Pierce. Fenner & Beane; The 772,500 1 Tracy, & Salomon Eros. & Hutzler; William R. Staats & Co.; Stein Bros. & Boyce; Stone Securities Corp.; Stroud & Company. Inc.; Securities Corp.; G. H. Walker & Co.; J. C. Wheat Co-: °ean Witter & Co., and Yarnall & Co. Over¬ & of Foods, ceeds, for through Inc. 5%% general Reynolds to ' & purposes. 1963. Placed Placed New privately York 183,000 Canterbury with House bonds due struct equip new and in corporate purposes. Life Insurance Co of Mutual Theatre cumulation x the & Co. first l-to-20 theatre. leasehold years. Price. mortgagV!ac¬ Purpose, 31.18%- to to 94 (par of bank shares George shares of Co $10). .of by for Co.; R. S12.87V2 and par. shares & F. Co.; S. Staats & Co. 60.000 preferred stock and United & of pro¬ 171,000 for by Central new construction. Harris, Republic Moseley & Co.; Co., and of shares (par $25). Hall Co. (Inc.); (Inc.); Durst, (par Natural 10 Herrick & Co. 300.000 shares of Purpose, Inc. common & $41,983,323 Co.; and Walston & Co. Oversubscribed. 6%% cumulative accounts pay¬ repay Price, at par. Offered of & 298,000 common stock of common stock equipment and Offered by Gersten shares Purpose, for machinery, Price, per share. for $1 general Subscribed for shares 135,458 All of corporate by by purposes. (par Price, $20 key employees. common $3.50 per stock (par $1). Pur¬ share. Offered by com¬ stockholders without common subscribed for. shares of class A common detachable warrants. Purpose, for working capital. Price, $2 per Offered by Armington & Co. Corp. Products Tyte (par $1), 145,000 with and expenditures United States Radium Corp. 10.603 shares of common stock $2). (par fered by Wallace and by Purpose, purposes company refunding <$82,100» and for general ($8,026). Price, $8.50 per share. Of¬ for subscription by Co. 12,100 (William) Purpose, working to with¬ shares of capital Dean Witter & Co. Oversubscribed. •Represents issues placed privately. ^Indicates issuefe sold competitively. special offering. stock (par purchase equipment and for expansion Price, $16.50 per share. Offered Capital. $6,776,852 Vindicates stockholders, underwriting. $10». lfffftoD shares Co. general Inc. refunding. Price, for subscription corporate 199.650 50,000 corporate purposes. Price, & Co.; Hachez & Brown, Co. share. 90.126 Purpose, for working capital and Price, $1 per share. Offered by Barrett 1,845,.000 West Coast Telephone Co. 60,000 shares of common stock ' (par $20). Purpose, for new construction; Price, $30.75' s%i per share.! Underwritten by Blyth & Co., Inc.; Dean Witter Inc. Silex capital cents). Co.;/Ing^.^as^ speculation." of to Nichols J. L.), cent). share. out Gas shares Purpose, Frenkcl. stock Oversubscribed. drilling expenses. share. Pennaluna for by Walter underwriting. 290,000 Co.-; Gas Washington stock 150.000 working capital. Systems, (Edgar one pany Lester, & 35,000 Inc. Purpose, for Offered by centst. per Co. pose, 5.44% Hill Richards & Wagenseller stock to establish by Barharn common Seeger Refrigerator Co. 8,550 shares of common stock per Purpose, Price, at Co. & 10 (par $1.37'/2 $2l. (par for Purpose, and $5). residents Corp. 1,171,863 shares of common stock (par $10). Purpose, to repay bank loans and for new con¬ struction. Price, $21 per share. Offered by company for subscription by common stockholders, without underwrit¬ ing. and & Corp. Offered Scillitoc (par parent and share. Offered to of Developments, & stock Price, Wallace $li. par. Inc.; 298.000 from associates shares 500,000 Hart. colnmon Window etc. (par at stock¬ construction per common Atwill & Co. by 474,103 Water Underwritten Polian & (Inc.) at common 60,000 of capital. Price, $12 Walker & Co. and Hill, working capital and Price, at par. Offered & working capital. Illinois Purpose, Price, work¬ by refunding ($15.000i receivable, for new equip¬ ($282,730). for working H. for Industries preferred stock cumulative 5% shares 18,316 Inc. for G. InCi capital. B. Miami able, Purpose, accounts capital loans.. Price, 16ans 300,000 Price, lor subscription of working & Completed. bank (flat).' Eular International Oversubscribed. 24,609,123 cori- 34%' 48.125 common construction. new and and Oversubscribed. Co. Eastern, $1). Purpose, assembly plant. Co. Co.. by (par & stock common Oversubscribed. & Purpose, Offered <fc Hydrocap an Inc.; Scranton of share. Richards 500.000 M.) $1). 50,000 Parkmaster 29,773 Telephone stock repay William 300; ,000 through Reynolds for shares and to retire $275,000 of advances Ryons Pro¬ Co. 100,000 company for subscription without underwriting. States Smith, privately Finance Plan (Calif.) 15-year 5%% subordinated sinking fund debentures, series B, dated May 1, 1953 and due May 1, 1968. Purpose, for general Co., & W. (G. (par of Offered by Greene & Co. Paine, Co.; Allyn Chas. by Illinois. par *600,000 Budget ! c sinking fund notes due corporate C. A. Co.; by company $101. and working cumulative convertible Webster B/G Co. (par notes 1,500,000 Southern. California subscribed. *300,000 Moseley & Burr, Inc.;; Estabrook employees. stock pay Middle gram Smith/Barney & Union and Purpose, by Central Republic Co. Co.; & Co.; & Co. Offered Telephone and $400,000 & Co.; Inc.; to common Mil- & Co.; The Ohio Co.; Paine, Curtis; Piper. Jaffray & Hopwood; Quail & Co.; Riter & Co.; Rogers & Jackson & Putnam $8.50). Gatos holders. Co. waukee Co.; F. S. Moseley ; ( S. F. Coffin Electric & share. officers Los Offered G. Inc.; Blair, Rollins & Co Inc.; Blunt. Ellis Simmons; Alex. Brown & Sons; Central Republic Co. (Inc.); Julien Collins & Co.; Emanuel, Deetjen & Co.; The First Boston Corp.; First California Co.. Inc.; Goldman, Sachs & Co.; Harriman Ripley & Co., Inc.; Hayden. Stone & Co.; Hemphill, Noyes & Co.; Hornblower & Weeks; Johnston, Lemon & Co.; Kidder. Peabody & Co.; Loewi & Co.; McCormick & Co.; McDonald & Co.; A. E. Masten stock (par per share. 'stockholders. $45 by shares 53,852 reduce notes payable to Price, $3 per share. speculation." a .per capital Price, subscription Corp.; Anthony Co.; Gas per ment 1973, accrued Co.; & (par $15.50 Offered & - Tucker, 1,550,000 Cincinnati and debentures bank loans. for Higginson Day preferred Purpose, ; L. its Corp. of Townsend, Dabney & Tyson; Burgess & Leith; Chace, Whiteside, West & Winslow, Inc.; E. M. Newton & Co., and Putnam & Co., Inc. MISCELLANEOUS Loan repay shares Co.; 297,730 Beneficial 246.866 Inc. Purpose, Giannini stock F„ L. by B. C. Ziegler & Co. 000 to "as are UTILITIES company Lee Co.; R. $2,664, 325 $25,000 stock common Helicopters, $li. ing capital. pre¬ 219,792 Webber, Jackson & Curties; of serial 1, by Weeks; deben¬ capital stock Purpose, to repay bank loans and for working capital. Price,< $30 pec •: unit. \ Offered by. company for subscription1 by Stockholders,, without, underwriting. St. while par, Underwritten by The First Boston Corp.; Blyth & Co., Inc.; Kidder, Peabody & Co.; Stone.& Webster Securities Corp.;, White, Weld & Co.; Hohnblower & stock. 2,200.000 of classes all at Oversubscribed. Dec. Price, C. Ziegler & Co. cumulative 13,573 $25 1, Co. Purpose, Offered 33/i% -4%% construction. new Offered by B. 10-year Aug. 1, In units $5) (Richmond, Edison Boston $25). Christian serial 1, value and par taken are at their offering prices.) Corp. BUILDINGS, value par PUBLIC First due stated investors V, $11,108,970 $125,000 Doman (par OIL Volume 178 Number 5281 . The Commercial and Financial Chronicle . . OIL (no Oil & Gas Corp. 299,500 shares of common (par one cent). Purpose, for drhling expenses and working capital. Price, $1 per share. Offered by Charles J. Maggio, Inc.; Jackson & Co.; and Claybaugh Securities Co. Petroleums, $1). (par share. Purpose, P.aced 75,000 Ltd. shares exploration for privately through of Shields King i without 379,500 Pecos publicly by Exploration five (par cents by stockholders 750,000 Texota Oil cent*. Co. etc. 141,750 Inc.; (pur .by Jackson Stein and 25,000 Transwestern $25). Co., cents). Stearns Co.; Co.; • Inc.; Harold E. Wood & Co., stock common by shares $14 Blyth of & & 6.000 shares share. (par has by Inc. 3,000,000 shares of common stock, Price, $1 per share. Underwritten by Co.; Paltason, Tenenbaum Co.; Bache & Sullivan & Co. Inc.; Dempsey-Tegeler & $25). Timber Price, Co. $61 3,000 . shares share( per Richards of & ex-dividend). The interest New •See under "Long-Term Bonds and Notes" in INVESTMENT TRUSTS, TRADING, $20). (par Price, Purpose, $39.50 HOLDING, company covering such for of Jackson & Corp.; B.ytb in Co., Inc.; Kidder, Peubody in Co.; Hemphill, Noyes in Co.; Hornblower in Weeks; W. C. Lang.ey in Co.; Merrill Lynch, Pierce, Fenner & Beane; White, Weld Baird & ginson Co., Inc.; Ohio Merrill, Co.; Co. & Ball, Inc.; in in Co.; in A. Inc.; C. Lee and Co.; McConnick & Co.; & Walston & Carter H. Harrison & Co.; Lester, Ryons & Co.; Stix & Co.; Lercnen & Co.; and Brush, Slocumb & Co. Inc. of 46,457 613,375 409,921 to reimburse 27,893 280,188 221,784. 11,187 purposes.—V. 10,369 119,315 $18,300 Canterbury Price, to House stock mon at Theatre $1). (par 11,420 10,655 149,223 Offered par. purchasers of (Ariz.) by 18,300 for 13,874 96,275 150,527 99,357 109,248 company leasehold first of com¬ mortgage __ *November, flncluding ._ 1953, figures military other and preliminary are government.—V. Cincinnati, New Orleans . October— Gross railway $3,695,036 $3,673,043 1,326,560 1.193,653 income— 631,411 oper. . ___ railway railway- from' ry. —V. Sightseers, preferred stock (par and ment by J. shares of 15,000 shares units Purpose, to of purchase 2091. p. Ry.—Earns. 1950 $3,908,490 $3,919,859 • 1,505.881 1,754,945 525,406' 523,616 971,887 36,991,192 36,692,759 33,638,073 15,613,809 12,111,463 12,062,418 12,770,232 7,119,552 5,235,628 4,824,254 6,622,445 1776. p. Credit stock Corp. 10 (par working capital. 300,000 $1 and of class bank loans and 9,200 and & SEC at Gas of 01' cumulative Purpose, for working capital. Price, by M. H. Bishop & Co. and B. I. Barnes. Electric Co. & Electric Co. corporation proceeds 170, Dec. on Investment preferred Price, stock at Co. (par Offered par. shares 30,000 $10). Purpose, by G'c of for cumulative working capital.; public, to company below.—V. of through to go are filed 2 shares 1.200 share per net —V. 176, stock $50). (par Purpose, for expansion and working capital. Price, $52 per share. Underwritten by Hemphill, Noyes & Co.; Drexel & Co.; Smith, Barney & Co.; Blair, Rollins & Inc.; Co. Stroud in Company, Inc.; Gerstley, Sunstein & Co.; E. W. Ciark & Co.; Janney in Co.; Newburger in Co.; Parrish & Co.; Woodcock, Hess in Co., Inc.; Yarnall & Co.; Boenning & Co.; Butcher in Sherrerd; DeHaven & Townsend, Croutcr & Bodine; Dixon in Co.; and Stein and S. five per Hallowell, Co.; Inc.; 300,000 U. cents), share. efforts" Sulzberger Bros. in Pennington, Suplee, Yeatinan Boyce; 1,000,000 shares of Inc. Purpose, Offered basis Co.; & Net & Co., for by "as working Gearhart capita.. & stock common Otis, Price, Inc. cents au on (par "best- a value 178, letter a E. to Ralph of notification stock (par Bennett & common James W. Carney, $5) to Co., with be the 111. the selling stockholder. 1953 1952 1951 $21.67 $22.14 $19.92 V 1, 1983, which were Edison $25). Price, Co. $47.37Va of share. P^1' common Offered by Blyth (par in Co., Price, 5,000 Co. $48.12'/2 shares of capital stock (par $25). share. Offered by Blyth & Co., Inc. per Completed. Tractor Price, $10). Witter & Co. Co. 22,552 $50.75 per shares share. of the at by Dean Oversubscribed. vertible by Inc. S. C. Price, Barney in common written Co.; Parker Piper, Co. & 400,000 $36.50 Co. per Co., share. of common stock Underwritten by (pai this a at a unit city company's billion dollar construction with the addition to the system of a be the on Chicago Sanitary line and Ship Canal for three years, (no par). Price, $47.50 per share. of Under¬ Goldman, Sachs & Co.; Kidder, Peabody Jaffray & Hopwood; A. C. Allyn & Co.; C. & has added been the to completed under construction system the Dixon at in 1953. (Illinois) A 60,000-kilowatt station of four like capacity the of Commonwealth system is 3,272,000 kilowatts. This will be increased to a total kilowatts by the winter of 1955-56 with the completion units one the at under now include size the at, the State Will new Line construction, additional County station station. All of unit and at Ridgeland, 191,000-kilow itt a this big increase in plant is necessary to meet the expanding electrical requirements of the Chicago and Northern Illinois area, including the establishing of an adequate The For electric system's period year construction gas 195S will cost about for program the $1,100,000,000. 11- From throgh 1952 these expenditures totaled approximately $600,000,000. four years 1953 through 1956 they are estimated at $500,000,- the The Ridgeland new unit is the that station since it was opened plant to 450,000 kilowatts. the The Ridgeland new transmission there capacity system. underground Jefferson at and line to will 178, third in 150.000-kilowatt 1950 Hilliard & Harriman Ripley & Co., Inc.; J. J. B. Hornblower & Weeks; W. E. Hutton & Son; Co.; Jenks. Kirkland & Grubbs; Kalinan & Co,, Inc.; Lee Higginson Corp.; Lehman Brothers; Carl M. Loeb, Rhoades & Co.; McCorm.ick & Co.; Merrill, Lynch, Pierce, Fenner in Beane; The Milwaukee Co.; F. Moseley & Co.; Pacific. Co.; Paine, Webber, Jackson & Curtis; Riter & Shields & Co.; Smith, Barney & Co.; Stein Bros. & Boyce; Stone & Webster Securities Corp.; and be fed installation the capacity of brings into the Edison connections Jefferson new bulk intercon¬ include a 138,- substation power Cabling Streets in the Chicago central district. From to other substations in the downtown 2091. p. Total Net & Co.; Wertheim & Co.; White, for stockholders. The by expenditures made such, for stock of notification with the SEC (par $1), to be publicly offered,, to be used to purchase trucks are from ry. Hudson RR. used the to repay balance $2,374,000 will be added ol department in store to Minneapolis, Corp..—Earnings— 1952 1951 1950 $4,832,085 $5,645,254 $5,606,830 $5,492,539 1,426,392 1,986,261 1,520,318 1,813,008 1,205,938 1,024,438 625,981 931,791 46,540,899 48,237,753 49,383,2"1 45,035,800 11,654,796 11,116,054 10,715,022 9,814,705 8,490,243 5,819,507 4,736,471 4,823,463 1— railway- — railway income oper. 178, be and leading a income— Jail. Net will company, funds. 1777. p. Delaware, Lackawanna & Western RR.—Earnings— October- 1953 from Net ry. 1952 1951 1950 $7,827,097 $8,698,962 $8,115,485 $7,673,249- 1,944,147 railway 2,459,572 1,974,637 1,998,095 from railway oper. income— From Gross Jan. from Net from Net ry. —V. 1,005,039 1,003,151 972,333 77,398,871 73,846,134 66,764,269 17,630,254 11,274,332 13,622,562 13,946,050 8,699,979 railway—___ income oper. 178, 1,163,052 75,837,711 8,433,940 5,804,132 6,677,374 1— railway ; 1777. p. Gross Rio Grande 1951 1950 railway- $7,847,512 $8,181,840 $7,828,171 $7,'244,107 railway oper. income 3,318,026 3,249,874 3.240,790 from Net ry. From 1,441,907 1,484,513 1,410,416 2,798,757 1,565,069- railway- 71.684,971 66,795,655 63,481,913 53,026,425 railway- 24.926,138 20,431,608 19,744,476 14,099,642 income 10,771,133 8,858,383 9,234,775 7,350,383 Jan. 1— from Net from rv. —V. RR. —Earnings— 1952 Net Gross Western 1953 from oper. 178, p. 1777. Detroit International Bridge Co.—To tion Ma'fcll''will vote'on stockholders'In' The authorized of one Split Stock— proposal a to increase bapitai' stock in Ofder to make possible a each' share already held.—V. 165, commofi share-for new the distribu¬ 1998. p. Detroit payable Dec. each for Steel directors Corp.—2% Dec. on 30, 1953, shares 50 in Stock Distribution— declared 3 dividend a stock common owned), rate equal to 25 share eight paid market current cents on dividends share. a which years, the the value This the of in year dividend the is has stock same as in paid present .c'--re 14, 1S53, is approximately the quarterly rate cash for the past The shares. unbroken an stock, (o"e Dec. ^ the corporation basis every of common of record of according to M. J. Zivian, President. The the on the at stockholders to corporation has beginning record in 1925, Mr. Zivian said. Payment in stock in lieu cash of prompted, Mr. Zivian added, by the substantial amounts of cash required during the coming months for the payment of principal payments Mr. has Zivian 95% increase Mr. in more the out than completed, taxes first 1953 on mortgage in outstanding now pointed expended about Federal on Corporation was that since $56,000,000 with no the Jan. on equity income notes its and the to amount for current Reconstruction of $39,970,000. 1951, this corporation, expansion program, now and with a net 1, financing outstanding debt of less than $25,000,000. expressed no opinion with respect to the possibility cf dividends, but indicated that the directors favored a Zivian cash Fund, Inc.—Net Asset Value— 1953 176, value p. per 1952 $154,691 $19.05 Dexter Co., Fairfield, la,—To Be Acquired— 8,121 $20.00 share $230,540 11,529 ;—;— outstanding asset —V. 2160. See Philco Corp. below—V. Sales Composite Fund, Inc.—Net Asset Y^lqe— "l 95l-i U 1951:,'; —V. , 'As of Oct. 31— Net —V. net . assets ^ outstanding--^-, asset 177, value p. per 665. shr. $2,;100.,527 173,986 $1,717,378 105.109 $12.07 $12.51 $12.46 p. 1989. 1953—Month—1952 $2,343,491 178: p. $2,761,914 1953r—4 Mos.—1952 $10,030,775 $10,889,990 1985. 1950 $1,309,456 137.295 169, Diana Stores Corp.—November Sales Lower— Period End. Nov. 30— i Total Lerchen Stock assets net Shares Shares Watling, The holders policy of stock dividends during the interim.—V. 178, p. 2196. Commonwealth Co.; Corp.; the 327. & oper. resuming As of Oct. 31— Northwest Union,Securities to 1953 from Finance Ridgeland's the electricity is redistributed area.—V. Co. Forgan & Co.; ry. From per and through 1946 000. well Giore, Net Gross The 150,000-kilowatt S. Co.; Robert W. Baird in Co.. Inc.; A. G. Becker Inc.; Blyth & Co., Inc.; Alex. Brown & Sons; Cald¬ Phillips Co.; Clark, Dodge in Co.: J.) M. Dain & Co.; Paul H. Davis & Co.; Eastman, Dillon & Co.; Estabrook & Co.; Far well. Chapman & Co.; The First Boston Corp.; proposal. Common¬ A.'hmun in 176, p. from Net limits. which addition, more "The Smith, shares shares, record 3,913,000 four 000-volt 145,000 letter a borrowing the of operates Denver & Co.—Adds New Unit— Division in September. Ridgeland unit," said Mr. Gale, "comes into service in time the 1953-1954 winter load, which we anticipate will new all-time peak. this of nected Manufacturing Co. the of railway-— railway 2196. p. carry of Inc. shares Oversubscribed. Mining & stock by 178, Public Service Company "With of plant to was new establish now the unit, second help to at Chemical 6,887,500 Minnesota in been of new the 1946 Offered S5). Edison step Ridgeland southwest stock common Offered 1.000 shares of 40-cent cumulative con¬ preferred stock (par $10). Price, $3 per share. 14,600,000 Dow See details in V. reserve." 1,144,514 Caterpillar 8,000 Connohio, on Dec. 3 by Dillon, Company and associates, The Ohio the two Edison and completed large electric' generating unit at the utility's Ridgeland Station. Willis Gale, Chairman, announced on Dec. 7 that the new 150,000kilowatt (200,000 horsepower) turbo-generator is now on Inc. Boston treasury for filed 4 October- major has program "The stock publicly offered were Commonwealth Another New Financing: shares 3,000 subscribed common from Grosg quickly placed. wealth's Boston Dec. general company Net 1950 $20.95 shr. per 947. p. installation t$712,500 Atlantic Refining Co. 25,000' shares of common stock (par $10). Price, $28.50 per share. Offered by Bache & Co. Completed. ( the value, if connection with par 1875. p. on debt company's Net Read & Co. Inc. is Issues Not Representing not company's 178, proceeds M'inn.—V. offered Chicago, Columbus & Southern Ohio Electric Co.—Bonds Sold —The $10,000,000 of 3%% first mortgage bonds due Nov. The $3,238,300 with without additional of investors. The outstanding Net speculation." a shares October— 1672. p. asset —V. Colket Dulles & Co. Oversubscribed. Wurts, Airlines, (par tional 2062. p. underwriting. preferred 33,971) Colonial Fund, Inc.—Net Asset Value- without 2,000,000 Penn Fruit Co. 40,000 shares of 5cumulative convertible statement stock, common of Jaffray & Hopwood, it has borrowed $6,000,000 on its 4% sinking fund notes due Jan. 31, 1973 from institu¬ —V. at par. Offered for the Delaware Co., Inc., Wichita, Kan.—Files With SEC— As of Oct. 31— 300,000 Girard Exchange Offer — reduce to registration a its excess the or company Gross covering $28 The shares $25). (par Pacific The com¬ Eisele King, Libaire, Stout & Co. All sold. 230,000 Fidelity Acceptance Corp. preferred stock, series E, See equip¬ A by & Offered expansion Offered $24,553,922 $26,157,850 i Dayton Co., Minneapolis, Minn. — Notes Placed Pri¬ vately—This company on Dec. 7 announced that under, arrangements with Goldman, Sachs & Co. and Piper, May Be Made to Preferred Stockholders— 10 Coleman for share. per and unit. per shares Purpose, cents). Price, common in (not underwriting. The proceeds equipment. the Coast Counties Gas cumulative of vessel working capital. Price, $60 Phillips Investment Co., Inc. R. 6% preferred one for 300,000 Consumer mon in and $50) shares. common 1,500 Inc. (par cents) 10 1953—11 Mos.—1952 $2,529,041 without The stock Sales (Mich.)—Registers With SEC— filed 4 shares of covering 15,000 shares of and 39,744,833 income-- oper. 178, accumulation change, — from Net Net to 1951 railway_____. from ry. 178, Texas Pacific & 969,733 subject 19531952 from Net 1,258,386 and bonds. 90,000 Channel November Crystal River Trucking Co., Denver, Colo.—Files— The Total Gross shares construction, etc. without underwriting, new Inc. 102,850 8,265 trucks From Jan. 1 Purpose, Stores the lead¬ 84,651 Chrysler MISCELLANEOUS sub¬ a the facilities, 48,205 Net Oversubscribed. Loeb, will hold terms will be supplied by amendment. financing will be used for the acquisition of construction, completion, extension or improvement for the improvement or maintenance of service, or from for 20,280 tDodge Kraus; Bingham, Sheldon & Co.; Campbell, McCarty & Co. Inc., J. M. Corp. M. underwriting property, Desoto Co.; McCourlney-Breckenriage Wat.ing, - . Carl company's Plymouth in Rauscher, Co.; cars: of the former owners, 1953—Month—19.52 Dec. on 679,436 option plan, and *1953—11 Mos.--1952 The Sullivan the Dodge Hig- Co.; in Bosworth, Staats Passenger W. Moseley & Allyn Northwest R. S. F. Jones Co.; Pacific Robert (Inc.); Co.; D. in Co.; Co. Co.; William in Co.; Dain & Company; in Co., & Co.; & Edward Co.; Weedon & Burge Marks Shields & CroweU, William Blair Witter Republic M. Stroud Turben Pierce Co.; Central Reid Co.; Inc.; Co., Dean Laurence Fulton, Milwaukee Co.; Inc.; Corp.; The Co.; & *1953—Month—1952 associates be purchased by the company in activities prior to the acceptance of a be offered through subscription warrants to Proceeds Period End. Nov. 30— corpora¬ Gas company will invite public bids for the purchase of any shares not subscribed for by stockholders or employees. The subscription price Chrysler Corp.—November Production Lower— Securities by may is stock Underwritten by Paine, Webber, Curtis; Mitchum, Tully in Co.; Stone & Webster this outstanding common stock of record at 3:30 p.m. (EST) on Jan. 7, 1954. Full-time regular employees (including officers) of the company and of its subsidiary, Michigan Gas Storage Co., will be given an opportunity to subscribe, under an employee1 (Continued from page 2) share. per Retail number as stock Investment News ETC. 300,000 shares of common stock new construction by subsidiaries. that 1875. p. SEC column. $11,850,000 General Telephone Corp. 7 Conservative business. Consumers Power Co. The Corporation and preceding a owned $2,335,095 178, stabilizing General of corporation, Period End. Nov. 30— •Represents Issues placed privately, (par $5).' the in York Consolidated —V. ETC. Dec. on business Decrease— any, BUILDINGS, is company Sales tlnaicates issues sold competitively. ♦Indicates special offering. (Del.)—Acquisition— announced LP-Gas Seley and Simon Seley, plus LAND, the in business 26 years, is one of ing retail distributors of LP-Gas on the eastern seaboard. Offered by Blyth & Co., Inc. 1,000 shares of common stock expansion. Price, at par. Offered Delaware stantial $27,671,152 without underwriting. acquired Rhoades & Co. Co.;" stock i Y.). The - common 1158. p. " Gas Corp. Harry N. Forman, President, common Offered on quickly completed. V. 178, was A Co.;' Co., It stock common Dec. 2 by Stetson Securities Corp. share, with a dealer's discount of 40 cents per . (N. of share. per Dreyfus & Co.; Hill Boyce, and Walston & Co. & 183,000 Weyerhaeuser Inc. $67,865 Hotel Drake Corp. 13,573 shares of capital stock 240,625 (no par) was made tion Co. Co.—Secondary Offering— secondary offering of 9,500 shares of Offered $2,135,250 143,625 Connecticut Light & Power Conservative class share. per Bosworth, Hirsch & Co.; Stein Bros. for and " Louis E. Co. in for public; to 10 Curtis; Irving J...Rice & & Boyce. "As a speculation." Bros. Oil Purpose, company Co., & (par (par one of Offered 29,992 Price, Completed. Price, $23.62Va Inc. Completed. Bear, / Co. $12). $5). stock stock loans (par Knapp, & shares share. per Transmission & involved. common Gas Price, Beer & Wood at $16 per Co. & 3,000,000 subscription for Co., 5,000 Service (par & Blyth underwriting E. & Light Co. 4.000 shares of common Price, $23.37»/2 per share. Offered by Public Webb common Harold Inc. stock stock 10 and Power Reynolds Tennessee drilling ex-, share. Offered by Piper, Jaifray per Kalnutn Webber, of (par expenses. Cattle No bank repay of company & shares 150,000 to by Land stock Co., A $19.25 $10). Louis by Price, at par,. underwriting, dri.ling warrants. Price, $5 Hopwood; Paine, Leon of capital shares for Offered of Purpose, penses, & share. per 1,150,000 Purpose, exercise of company, Co. cents). 33 solicited _ St. common per expenses. Offered $4.75 Co. in Oil Co. 1,000,000 shares cents). Purpose, for drilling ♦419,888 stock capital Price, costs. (par Blyth & Co., . & Co. Completed. Sound stock , Witter Coke & Price, pari. 93,500 Puget stock Dean . Gas Co., Inc. 299,500 Blackuater *356,250 Britalta Co.; Oversubscribed. 96,250 Portland underwriting. out & Co. stock common (par $1). Purpose, for acquisitions and drilling expenses. Price, $3 per share. Offered by company to public, with¬ 100,000 Weld , $225,000 Arrowhead Petroleum Corp. 75,000 shares of 7 (2303) $781,514 r, 68,326 $11.44 Diocese of —B.' C. St. Cloud, St. Cloud, Minn.—Notes Offered Ziegler & Co., West Bend, Wis., licly offered an on Nov. 24 pub¬ issue of $600,000 direct obligation serial 8 ' notes at par est Jan. notes to are mature $50,000 annually from 1, Jan. to 1955 1963, inclusive; and the remaining $150,000 on Sept. 1, 1963. They will be issued in denominations of $5,000, $1,000 and $500, and are dated Sept. 1, 1953. Diocese is Minnesota a religious Size Fund—— the of Offering price —V. 178, ! share per Dividend net Shares Net assets. value 176, $ 108,740,592 64,682,513 59,390,096 54,181,431 $1.80 $1.83 $1.79 share per Dorr Co. This filed 27 letter of a notification with the capital other Dow corporate purposes. Kingsbeer Brewery Name See general *- (1953) Ltd. (Canada)- -New Effective— Ranger V Brewing Ltd. Co., below, Part of United Sell Co.—To Share & \ Gross 1953 from Net from Net ry. railway.... Gross Net from Net ry. $6,918,339 $6,675,161 3.654,010 3,329,125 3,277,142 3,734,555 1,284,961 1,373,375 15,686 1,795,919 1— from railway 59,064,949 41,825,362 51,465,936 41,405,141 27,821,859 13,084,069 20,557,207 18,376,615 9,460,508 railway...... 5,035,334 5,430,120 8,513,566 income oper. "Deficit.—V. 178, 1777. p. of the Railway Railway oper. 1953—Month—1952 — $748,428 $821,123 expenses 590,028 621,545 $7,059,725 5,966,375 Arranged—Pur¬ suant to purchase agreements negotiated by Kuhn, Loeb & Co., the Erie Mining Co. has agreed to sell to a group of institutoinal investors, in instalments, up to $114,000,000 first mortgage 4^4% bonds, series A, due July 1, 1983. The company has also agreed to sell to Bethlehem Steel Corp., a stockholder of Erie Mining Co., up to $93,000,000 of such bonds. See also V. 178, p. 2197. RR.—Equipment Trust Certificates Offered—Kid¬ der, Peabody & Co. and associates are offering to the public, subject to approval of the Interstate Commerce Commission, an issue of $5,400,000 3% equipment trust certificates at prices to yield from 2.30% for Jan. 15, 1955 maturities to 3.15% for the maturities of 1967, 1968 and $6,693,259 5,631,585 Net revenue from rail¬ Net ry. —V. $199,578 $1,093,350 $1,061,674 87,400 96,593 455,758 99.76; Hutzler, The The Story "This has Just issued 32-page a of Farm Chemicals," Pont" publications. the as which power illustrated which It has is the pictures impelled of booklet latest the the in entitled its dynamic most startling of era award won Four other bids Lehman of the issue Dec. on 7 on bid a received for shares with 4.25% a 4.20% preferred stock is redeemable at the prices ranging share. per PROCEEDS—The net proceeds from the sale part company's program of will construction be used under to which A -i boost from finance approxi¬ utility's EARNINGS—Operating for revenues the months 12 1953 totaled $80,745,000 and net income for the CAPITALIZATION mortgage Series due Aug. due Oct. Series 4% 1, 1977 ($50 ($10 "Unlimited by authorized by Loston purchase forth opposite the their & Webster W. Company, Inc Clark & Co —. Green, Ellis & Anderson 7,000,000 shs. 6,150,000 shs. The maximum the indebtedness P.-r, named respective presently i.,,'": below, whom among — p. severally agreed numbers of shares set1 & 178, Fluor Corp., Ltd., Los A. Staats 5,000 Thomas & Co.— McKelvy & CO. E. —— McJunkin, Patton 3,300 L_ 2,600 Masten & Co & Co., Inc. 2,600 S. K. 2,600 2,000 ———_ Hulme, Applegate & Humphrey, Inc.——— Elair F. Claybaugh & Co Cunningham, Gunn & Carey, tal stock, each to seven receive, stock plus the at rate shares as its of pro of such rata stock one for 700 Co., Co. to dividend share stock share, held, of to to (2) shares have pay, Duval's and 93,389 Corp., the in holders capital applied The capi¬ stock Duval's of it for United hearing on the first 1953. mailed "Eaton & Howard Balanced Fund—Assets Up— Nov. 30, '53 the Fund Offering price —V. 178, p. per Dec, share 1876. p. & Byllesby & Co.; $34.18 $34.57 Co. owns and operates a paperboard mill fabrication of shipping containers, folding cartons manufacturer of these products.—V. Paperbox for the and and 178, 2197. Transportation Corp.—Note Placed General American Jenks, •Privately—The corporation has borrowed $4,000,000 on a 10-year 4% serial tank terminal note from Northwestern Mutual Life Insurance Co., Milwaukee, Wis. 178, The proceeds facilities.—V. of $10,- to be used to finance 1568. are 178, construction of tank terminal p. plans to build a multi-million Holland, Mich., for its Hermetic Department was made recently by H. A. MacKinnon, VicePresident of the company's Component Product Division. with stock, to headed the be dollar The Trust trustee, 22 22 William and of before acceptance Dec. 23. not later or and rejection Accepted at it in accrued of such bonds, must than Dec. 28.—V. 177, be Part The Released interest to to Trenton in due are Carl's Florida and Florida from The New construction per which 18 7 by Samuel shortly 45 the total to the Friedland, Carl's of Food units in its of Chairman. retail Fair chain which annual and sales company unit of $36,000,000 The average be to This extends approximately the same^ as Fair, or $1,800,000. exclusively, warehouse and now -then; - Co., Mich., will plant have be been supplied retained by the of Electric home heating General and cooling production the at in July of equipment. more this officials than cooling and heating Department's year expect 100% to department headquarters meet increasing the demand for acquired industry sales of home cooling in 1954 than they were this higher Share for Stock of Canadian Unit— has offered stockholders of Canadian General Elec¬ $550 a share in Canadian funds or equivalent for the 9,000 minority shares still outstanding. The parent com¬ than pany , per > facilities contemplate the also. Present expansion plans approximately 225 units by the close of 1954. the company tric sales has under trucking Jackson, for J. Offers $550 a sales annual manu¬ Two outlets annual and Spring, which has 300,000 square feet of manufacturing plant, N. Electric General $375,000,000 the Food supermarkets Both the to brings to roughly rate. are volume operates it of power line home plant less approximately structure. next year. Markets chain. number E. cooling units York. Stores, supermarkets. enlarged operation of to the adds Fair Florida annual Pair, being 191 current the of Food are to to Food added bring acquisition of Dec. on be to Markets ground Output of Home Cooling Equipment— supplement G. Trenton has purchased Carl's Markets, operator of 19 super¬ Miami Beach, Hollywood and Ft. Lauderdale, Fla., announced was units Associates 1954 Bloomfield, The 2568. p. the of will area, in will delivered single-story equipment will be produced at Trenton, N. J., in a new plant acquired earlier this year, according to S. J. Levine, General Manager of the G. E. home heating and cooling department. New tenders a Co.. Power Consumers to an up be breaking Ohio. Electric architects. as Stores, Inc.—Acquires Carl's Markets— Miami, Tiffin, Commonwealth R. receive tenders for the sale 102%. at plant is necessary to meet the rapidly growing demand for hermetic motors used by the refrigera¬ tion and air conditioning industries. Other manufacturing opera¬ tions of the Hermetic Motor Department are located at Fort Wayne, SEC St., company start early in 1955. explained that the new To Expand Dec. will for call plans will Mart'n Mr. RR.—Tenders— Co., cn this headquarters and installation new Present facturing 1985. p. plant Motor offered William by that announcement An and underwriting terms are will be applied by the com¬ price 178, statement group Gloversville & (EST) noon payment Food Fair average $102,667,218 $94,486,854 already been concluded for acquisition of all tho capital stock of the California company. said. Wells M. mortgage bonds, series A, due July 1, 1991, to exhaust the funds on deposit in the This corporation store 31^*52 announced it will buy Angelus Paperbc* early next year. setup boxes. Gair is a leading ■ $11,103,592 $10,451,574 capital par Proceeds capital.—V. Notice or on bank for company s of offering Farmers to up sufficient 28, volume , As of— $2.50 underwriting amendment. Eank will 4% markets capital dividend scrip certificate entitling it to receive one-seventh of a share of such stock. The Commission has issued an order giving interested persons until Dec. 17, 1953, to request a Size by public registration a its of an Johnstown City 15, Dec. to authorizing of The working its amount to its Calif., President, Dyke, Angelus & Little, now President of will become Executive outstanding and E. Dec. 3 on Angeles, Los home addition of shares Property Account at prices not to exceed 700 corporation of George Angeles—Registers With SEC— filed 7 through supplied York to 700 & sale & be pany 1,500 —1 Cunningham to Dec. on 100,000 public Fonda, a application.—V.. 174,p. 2455. ' 2,000 Inc. parent, United Gas (1) authorizing Duval a Co. par¬ Cruttenden H. R. J. (Robert) Gair Co., Inc.—Acquisition— : 3%% covering its order dividend, Co.; Foremost. of State, will retain that same position and of Foremost.—V. 178, p. 1876. I Vice-President chemical Mullaney, directors present Golden 1953—11 Mos.—1952 $1,046,301 management will be maintained following the merge*. of Negotiations have and other Corp.—Bonds Sold—The issue Power Corporation 2,600 —_ —2,600 and company SEC for an with i first mortgage bonds due Nov. 1, 1983, which was publicly offered on Dec. 2 by Kidder, Pea¬ body & Co. and Merrill Lynch, Pierce, Fenner & Beane and associates. It was quickly placed. See details in V. 178, p. 2197. the regular cash 1953—Month—1952 corporation, 1876. P. 000,000 Townsend, 2091. This the Goodbody Inc.; into each share of common stock and in the principal amount of present Foremost officers will-continue in their respective capaci¬ Five members of the present board of directors, of Golden Stat* become members of the board of the continuing corporation, along ' Fishman Co., Inc.—November Sales Up— Duval Sulphur & Potash Co.—Stock Dividend— the Co., & principal General Electric Co.—Plans New Motor Plant— be its Continuity All ' Kay, Richards & Co.; and McKelvy & Co.—V. —$1,079,070 Fauset, Steele & Co._.——_ 2,600 Kay, Richards & Co 2,600 6,800 Arthurs, Lestrange & Co.'— 2,600 Chaplin & Co.—— 178, The have Crouter & Bodine———— 3,300 Butcher & Sherrerd K. Cunningham S. Grubbs; Florida Shares DeHaven Moore, Leonard & Lynch,— 3,300 Singer, Deane & Scribner— 3,300 —V. (Inc.); 5,000 5,003 Shields & Company E. Co. 5,000 — a Co., Blosser & McDowell; Reinholdt & Gardner; Straus, —V. 6,800 W. C. Langley & Co and & value $100, would receive for each cumulative preferred stock—1954 a 20-year 4% convertible subordinated amount of $50, In the continuing corpo- There plants McCormick and will be no change in Foremost's securities, except that tho present 6% cumulative preferred stock, par value $50, of which 37,733 i shares now are outstanding, will be changed. Holders of such stock ( will receive one-half share of 4 % cumulative preferred stock—1954 | series—par value $50, one 4% convertible subordinated debenture in the principal amount of $25, and one-half share of common stock in J the continuing corporation. I the steels Pa., in McKeesport, to $50, continuing the in $15 - addition value held, would receive 65/100ths of a 4% convertible subordinated debenture 140,000 shs. 24,800 Hallgarten & Co.— tool ticipants in the offering are: Dempsey-Tegeler & Co.; Julien Collins & Co.; Merrill, Turben & Co.; 100,000 shs. purcnasei's — Pa. Trafford, of the agreement, holders of Golden Stats par 4 Va% share in debenture j Sept. on of producer merger one each $100 of such debentures to be convertible initially \ three shares of common. Golden State common stockholders, for Issued leading a two plants with carbides, in 'UNDERWRITERS—In (M. H.) names: - Stroud & plant 150,000 shs. Securities Corp. sintered is Period End. Nov. 30— Shares Stone to amounted 1953, part, p. 1985. 140,000 shs. The First Boston Corp.— Salomon Bros. & Hutzler its $2,600,000. the of terms held, The to be used to retire, in V-loan agreement, which are under BUSINESS—Corporation 550,000 shs. company proceeds the a i ration; 100% and accrued interest. indebtedness company's 12,000,000 is the managing underwriter, Corp. under¬ by McCormick & Co. on Dec. 8 publicly offered $1,600,000 6% convertible sinking fund subordinated debentures, dated Dec. 1, 1953, and due net the leading dairy ties. Offered—An Inc.—Debentures Sterling the of the important communities in California concerns in the country. Its rate of approximately $120,000,000 annually. all serves among currently at j series—par the accumula¬ writing group, headed 1,000,000 shs. stockholders is $200,000,000.1 from 7, State cumulative preferred stock, will Firth 14,000,000 —100,000 shs. Under share are to vote in connection with securities , a Puyment Plans and Periodic Payment Plans for Wellington Fund, Inc.—V. 178, p. 480. % $3^0,000,000. meetings of the stockholders of the two companies be held on Jan. 27, 1954 to consider and approve is volume of shures of tion Sales indenture. With SEC— registration statement 1953, covering shares to, be offered under the filed company 12,000,000 value UNDERWRITERS—The 'Dec. on N. Y.—Registers Corp., investment York Turnbow, to ranked Is and i a working D. ^ share proceeds net nearly expected 3 Winslow, Inc., Boston, Mass. The capital,—V. 178, p. 665. & Investors New the SEC Single —__—150,000 shs. par Dec. used, for First with of Special (Mass.)—Files— Manufacturing Co. on West be Kirkland & 15,000,000 preferred stock__ preferred stock— stock at to 15,716,526 Consolidation— of the Board and Grover Chairman Upon rate ; • 13,875,534 filed a letter of notification with the SEC 15,000 shares of class A common stock (par $10) to be of¬ the market (estimated at $13.25 per share) through Chace, Whiteside, are 550,000 shs. stock 14,711,972 company fered & $75,000,000 cumulative) preferred First Outstanding (3%%) par, 16,465,134 Farrington The Co.; (3V4% ) 4.15% Common FINANCING' Aug. 1, 1980 (2%% )—— stock June 30, $14,622,000. was (2%% preferred stock____, 4.20% period PRESENT (2%%)_—_ 1979 3.75% to TO ended Authorized due Sept. 1, 1982 due Sept. 1, 1983 Preferred EFFECT 1, Series Series due GIVING bonds— 40,215,681 has been secondary providing without regard companies, 2,405,551 ""*■ 1985. p. provide to companies, 4% income... oper. 178, covering electric Counties, Series ry. features operation subject to final clearances from attorneys and tax approval of the merger by the stockholders of th» the continuing corporation, Foremost Dairies, Inc., will rank nationally as either third or fourth in the processing and distribution of milk, ice cream and related dairy products for homes, stores and other outlets, with annual gross sales estimated at th* two Golden 148,692,109 136,791,799 33,747.280 35,647,624 economical Dairies, Inc.—Proposed Reinhold, E. two 1950 1,998,953 2,359,578 railway...... from Net 30, supplies service in the Allegheny and Pa., including the highly Industrialized city of Pitts¬ burgh and surrounding area. "First Net 1,964,890 154,357,426 146,256,589 34.046,550 PROCEEDS—The the ( MONTHS 5,326,019 exclusive with and the new engine. Vacuum operation of the automatically control the fuel and air mixture, Foremost 1— railway.. acceleration rapid proposed merger agreement and required for its consummation. 1951 pro¬ Ford two for adjustment to engine operating requirements position.—V. 178, pp. 1159 and 2091. Paul & 4,663,097 5,389,801 4,559,087 mass of President,. Foremost Dairies, Inc., and J. R. Little, President, Golden State Co., Ltd., announced jointly that their respective boards of directors on Dec. 3, voted to approve an agreement of merger of thd $16,355,876 $17,251,440 $16,512,832 $16,504,828 incomev... oper. TEN 1952 1953 from —V. FIRST AND OCTOBER railway—.. Jan. Bros for accelerator to Co. certificates would cover approximately $6,937,652. of. the equipment, new Salomon The front car. cars carburetor four-barrel for precise ; 10 & American production an tinted plexiglas, developed outstanding public acceptance green a the experimental new developed offering group are: Bear, Stearns & Co.; Wood, Struthers & Co., and Auchincloss, Parker FOR Dec. 1, 1968, at capability to 1,225,800 kws. BUSINESS—Company Co. power the railway. combined $95,000,000 will be expended in the years 1953-1955, projects in the program are two new units having a generating capacity of 270,000 kilowatts which will Beaver of and 99.643; Inc., Stuart is roof following having similar roofs—the X-100 and the XL-500. ....Y'i Completely new is the overhead valve V-8 engine which powers all 1954 model Mercury cars. Developing 161 horsepower, the engine is a low-friction design with a bigger bore and shorter stroke. The bore and stroke are 3.62 inches and 3.10 inches respectively. It has a compression ratio of 7.5 to 1. Motor . inclusive. mately Chief net ry. From of dividend, viz: ^Brothers, $53.46 to $51.71 in Net Gross This were $50.4015; Kidder, Peabody & Co., Merrill Lynch, Pierce Fehner & Beane and White, Weld & Co. (Jointly), $50.29; Kuhn, Loeb & Co. and Smith, Barney & Co.* (JointlyH $50,267; arid Elyth & Co., Inc., $50.19. The ■ from from share. per Dec. group Halsey, from: came V; sale the from cost of EARNINGS series force Duquesne Light Co.—Preferred Stock Offered—A new issue fo 100,000 shares of 4.20% preferred stock ($50 par value) was offered on Dec. 8 by a banking group head¬ ed by The First Boston Corp. at $51.21 per share. The $50.21 the of Merle-Smith; Net advancement in American agricultural history. Beyond this, it points to the practical approach, through research and improved knowledge of nature's processes, which can help solve the problem of feeding the world's millions.—V. 178, p. 1567. group Co. & October— Du is technology, & Gross du Pont de Nemours & Co.—New Booklet— company "The of proceeds members Redpath. f (E. I.) Rollins Blair, 80% 1777. p. the of consultants. 3V8S as 99.5176. net about <fe awarded to the was certificates the for '" 413,103 income... oper. 178, $158,400 The issue 1969. Dick operations the first of its kind in roof, its bid of 99.116%. Other way 161 horse¬ new a highlight the new Mercury which made its premier appear¬ 1,800 dealerships throughout the nation Dec. 10. Valley", a Mercury Monterey hardtop, is the new model addition to the 1954 line. It is characterized by a transparent plastic half Mining Co.—Private Placement Erie Inc., - 1953—10 Mos.—1952 revenue.. oper. transparent roof, a ov6r duction on Duluth, South Shore & Atlantic RR.—Earnings 1662. "Sun The to request a 1953, 11, interested persons until Dec. proposal.—V. 178, p. 2091. giving on Bids Period End. Oct. 31 p. Detroit, Mich.—New Model— model with new $0.94 178, also in ance 100,000 stock order an of Erie 1950 $7,462,932 income! oper. entirely $1.12 outstanding.—V. shares common Motor Co., Venturis 1951 $7,093,976 railway Prom Jan. 1952 2,377,828 on 2,403,869 share common per Based tions applied to the SEC for authorization of a nego¬ shares of its holdings (1,765,053 shares) of United Gas Corporation. The Commission issued has company Duluth, Missabe & Iron Range Ry.—Earnings— October— $ 2,820,828 overhead valve V-8 engine and a new type ball-joint front suspension, feature the Mercury for 1954. Improved body styling and more luxurious interior trim combina- ' SEC covering not to exceed 1,865 shares of preferred stock to be issued to employees in payment of additional compensation at par ($50 per share) in lieu of cash. The proceeds are to be used for working and 1952 153,258,400 taxes after income An Bond sale hearing Nov. on $6,311,861 $72,401,557 $71,226,508 Gas Stock Holdings— tiated (Del.), Stamford, Conn.—Files With SEC— company 7 165,904,819 Ford 1985. p. common The 1953—11 Mos.—1952 1953—Month—1952 $5,883,524 178, Electric 97,327,210 2161. p. NOV. power 116,326,124 outstanding asset —V. $ Net 1951 $ Total 1952 • * —V. 1953 ENDED (Sales •Earnings Sales Shares, Inc.—Total Assets Increase— WEEKS $ Off— Stores, Inc.—November Sales Bros. Period End. Nov. 30— As of Oct. 31— 28 Monday, December 14, 1953 • 1953 1876. p. Edison corporation. • . Nov. 30,'53 Dec. As of— 1, The 31,'52 ————$20,660,819 $17,015,223 $25.79 $26.09 FOR RESULTS Stock Fund—Assets Higher— & Howard Eaton They will bear inter¬ and accrued interest. ranging from 3V2% to 4%, according to maturity. The Chronicle The Commercial and Financial (2304) Ltd., also will any pay transfer taxes. President of the American firm, announced the officers of the Canadian company. General Electric now holds about 96% of the outstanding common stock of Canadian General Electric Co., Ltd., which has 188,845 shares issued. The stock is listed on the Toronto Stock Exchange. Ralph move The Cordiner, J. in $2 Canadian a letter regular General to quarterly and $4 extra dividends declared payable Jan. 2, 1954, to shareholders Electric by of Volume 178 Number 5281 . The Commercial and Financial Chronicle .. (2305) record Dec. also 15 will be paid to shares to G.LE. prior to the record Shareholders-resident in all countries, cash, take may the equivalent of .shareholder any his transfers who Baxter, Williams & Co. date. $550 U. in share a Instead of whole expansion 178, of program Canadian 1985. p. •• • General Electric Kaiser & Co William #, present Blair Ltd.— Co. 750,000 1,200,000 : . Ellis 8c The , company covering fered $1.60 capital. Dec. on 187.500 at James of share. per H. filed 3 shares letter a class A of The net proceeds Van Buskirk notification stock common has been be to are with named the $1) (par added to J. working principal as writer. Co., of¬ C. under¬ Alex. Brown corpo- ,- i proceeds York. . will at sales • In 184 finance Michigan West finance Installment used to retire notes held now by Mutual Lake In ,1933, , offices General St.,; Chicago, organization, contracts 111. Finance The specializing in has and corporation Phillips. executive • Is primarily discounting of retail on Dec. on in 5 opened January by for gas of Florida, President. stations in new the Clark, future," said Rawlston John 20 Mississippi.—V. offices marketing p. and in area than more Louisiana Crowell. and Cruttenden western M. Corp. Dec. on Debentures — 9 headed group r comprising 298 for public sale a new year 3V4% debentures due accrued interest to yield Sold investment issue Jan. — nationwide a of Morgan $300,000,000 25and has had debt no when the corporation retired corporation's last public A sinking fund stock for the offered issue an in leading automotive securities financing ♦3.75 series preferred t>e in each long-term of sale of by General The substantial The calls debentures f?ontiac, trucks •lso and GMC trucks masufactures clude frigeration units stallations, and and and products Cadillac and GM diversified a "Frigidaire" automotive of products, which embracing electrical products, equipment for household and conditioning equipment, electric ironers, clothes dryers, boilers and water poration also tractors the sented '\ only in The nine 3% of oil and engines for played total of and sales gas for had 1953 other 200,000 Chapman of in 1950, running are in repre¬ & Field, First First of Hibbs subsidiaries in Co., Foster & Irving Robert Ginther, Co. & Sons Goldman, Sachs & Co._ from 1 EARNINGS—The $4,701,770,000 1952 *Jet AND and in the $7,931,027,000 income for the for full months ended Sept. 30, corporation's net sales calendar year 1948 to the was was $452,798,000. Granbery, PRESENT Preferred $5 stock 1,203,753 Sept. 30, its 1953 E. I. du owned of record 23% of the corporation is shares held designated for bonus poration, or value) par not treasury and *88,513,817 carried in a shs! special Pont and de beneficially that E. I. Co., Delaware a cor¬ total of 20,000.000 shares, of the corporation. The a stock common consider & du Pont de -•greed to severally, purchase, in the and underwriters the respective $300,000,000 principal amount named corporation amounts of set & Co. below have severally has agreed to sell forth below, an aggregate to them of debentures. Adams & Peck Allison-Williams A. C. Co Corp. A. E. Ames, • Bache & Ira Whipple & Robert W. Emerich & Inc. 200.000 and S. 200,000 , . Bleich, roeder, Inc 200,000 Arthurs, Lestrange & Co. — Burge & KrausX Barret, Fitch, North & Ball, Co. 150,000 Heller, Bruce & Hentz & & Co. Hutton 350,000 1,200,000 500,000 750,000 Stringfellow— Scranton W. 500,000 Mayer— Hammill & 150,000 & the of 500.000 1,200,000 750,000 by SEC listed on the at 1953. and roofing and Since that has diversified Fla. occupy,-.under ..leases 98,000 and square feet approximately 1953, Dec. the directors the on 24, of 134,000 EFFECT declared < from offices, square payable TO Jan. due (par Dec. 31, $2.50) 1954 PRESENT outstanding 2, Outstanding *$15,200 400,000 shs. Giffen, Chairman of 178, p. 1877. 1954. FINANCING $30,000 Earle quarterly a stock common 1953; the 217,920 shs. Board Gobel, Inc.—Stock Suspension on American opening of Dec. the 9 that value par Stock it has common Exchange, trading Commission 13, of Directors session 1986. on Continues— entered order an sus« stock of Adolf Gobel, for a 10-day period Inc., effective said originally suspended 1953.—V. 178, p. Foremost Exchange on Dec. 10, trading in these securities ~ & Ltd.—Proposed MergerInc. above.—V. 174, p. 2093. Grand Trunk Western Gross Net from ry. railway—. oper. from ry. 1951 1950 $4,829,000 $4,859,000 $5,529,000 841,748 690,304 1,185,010 1,724,937 income.— 230,119 20,450 *367,879 1,124,135 51,960.000 46,070,000 47,638,000 10,654,590 6,637,917 8,514,507 47,009,000 11,263,279 4,031,648 695,147 2,349,045 6,742,327 1— from Net 1952 $4,782,000 railway From Jan. Gross RR.—Earnings— 1953 from railway railway income— oper. ♦Deficit.—V. 178, p. 2092. Grand Union Co.—Current Sales Higher— Period End. Nov. 28— Sales 1953—4 Weeks—1952 1953—39 Weeks—1952 $15,995,594 $14,526,145 $150,389,321 178, $137,316,616 1986. p. 1,200,000 Sheridan, 250,000 Dairies, October— Co., Paul Bogan, 150,000 1,700,000 Inc. (W. T.) Grant Co.—November Sales Up 3.42%— Shields & Company., 150,000 Shuman, Agnew & Co._ 500,000 Sales Co.— 200.000 Sills, Fairman & Harris 150,000 —V. & Son 350,000 I. Singer, 1953—Month^-1952 250,000 350,000 J. Richards & J. B. Hirsch J. A. Hilliard Co & Hogle & Hulme, & Co 200,000 Fay— Applegate Humphrey, & Deane Co. 500,000 —- Smith, Barney & Co.— 2.750,000 Smith, & Noble Hague, 6,000,000 & 150,000 150,000 Smith, Moore & Co 750,000 F The E. Hutton & Illinois Co Co Indianapolis Share Corp Janney & Co Jenks, Kirkland and 750,000 Co.— 350,000 Boyce— 500,000 & Bros. Brothers & Co—, 150,000 Stern 350,000 Stern, 150,000 Stern, & —V. 178, & Frank, Meyer , 750,000 & 200,000 Pox 150,000 Lauer & Co from Net ry. oper. Leach- 150,000 Stetson Securities Corp. 250,000 Net from Stifel, Net ry. & Co. 200,000 Edward D. Jones & Co. 150,000 Inc. . - Sterne, Agee A Nicolaus & Co., - 250,000 1953 railway ._ railwayincome— .. - 1952 1951 1950 $27,140,447 $28,777,281 $26,631,406 $27,944,574 10,202,935 11,716,469 10,439,947 -13,434,446 4,393,437 4,848,490 4,624,742 6,735,409 From Jan. 1— 500,000 Space Inc. 2092, p. from- Net 350,000 Lane, Off— 1953—4 Mos.—1952 $9,487,660 $29,751,821 $35,218,339 Great Northern Ry.—Earnings— Johnston, Lemon & Co. and Co., 1953—Month—1952 October— Gross 250.000 Johnson, Stores, Inc.—Sales $8,708,581 1,200,000 & Stein — Grayson-Robinson Period End. Nov. 30— 350,000 Co.— Starkweather 750,000 Bond Smithers William R. Staats & Co. 2,750,000 1877. p. Sales Co. Inc.— E. F. Hutton & Co._ S. 1953—11 Mos.—1952 $28,830,230 $27,877,722 $246,606,443 $230,023,348 178, & Scribner 150,000 Weeks— & Simon M. Period End. Nov. 30— Co._i_!_ Bateman, Eichler in County,. Fla. facilities Lauderdale, share on Golden State Co., See 500,000 Grubbs 200.000 are primarily Dade subsidiaries 20, per announced the The March Gross & in approximately Oct. corporation.—V. 150.000 & Co Leeds stock engaged warehouses, cents Samuel (Adolf) Henry Herrman & Co._ Hickey& Co., Inc W. 150,000 Fort its pending trading in the $1 —V. Co. 2,750,000 and & 500,000 Shearson, 200,000 Co & Seasongood 1,200,000 ($1 com¬ 150,000 Co. Co ♦Held Net & Inc Inc. Chas. 250,000 Hemphill, Noyes & Co._ H. Schneider Scott Hayden, Miller & Co. in and business bonds Scott, Horner & Mason, 750,000 Haupt & Co.__ Co.__ 200,000 Pomeroy, Ltd. of stock Net 150,000 H. 6,000,000 Partners Co., & Schwabacher & Co Ripley & Co., & 150,000 150,000 Parke Schoellkopf, 150,000 to Fla. was expanded .its lessors, six close ______!_ J. Barth Bartow 150,000 750,000 1,200,000 Baker, Simonds & Co._ Baker, Watts & Co._^_ Baker, Weeks & Co._L_ , 750,000 Co., Anderson & Strudwick. Arnhold Co. Inc. Inc. $750,000 & Co., Baird E. ; Inc. Harris Hornblower 750,000 Bacon, 1,200.000 Co., « Co 1,700.000 Securities & & 200,000 l Ames Parker Redpath 150.000 Allyn & Co. Inc._ Almstedt Brothers American Auchincloss, 150.000 Lunt & 200,000 Hart Schmertz C. & 6,000,000 SEC par 6,000,000 Schmidt,Poole, Roberts Co. & has branch a & Inc. 250,000 — Stuart Hooker Morgan Stanley & Co._$17,750,000 Bros. Hutzler & the at used " Authorized Hill Nemours parent company. UNDERWRITERS—The 150,000 2,750,000 Sulzberger Hayden, Stone & Nemours Winston & Co. Rowles, R. Harriman 150,000,000 shs. *150,000 Salomon 750,000 to be 2,750,000 500,OOo 1,835,644 shs. purposes. outstanding does in & Co. Green, Ellis & Anderson Gregory & Son, Inc Hallgarten & Co with offered are 200,000 — Rothschild F. H. V. Sattley & Co., Inc. Saunders, Stiver & Co. Hamlin 1,000,000 shs More- Savard & Greenshields & Co., Inc. be space. of debs, on Rouse, Brewer & Becker & Inc. 6,000,000 shs. stock ♦Includes At (without & 500,000 & Co. $300,000,000 L. Mosle 500,000 Halsey, Outstanding .___$300,000,000 (stated value $100 per shr.) ($5 par value) ser. Common •ccount 1979 (.stated value $100 per share) ser. $3.75 due 250,000 Roney & Co.— Co.- FINANCING Authorized debentures, 500,000 350,000 • 200,000 200,000 Marache Grant-Brownell Hallowell, CAPITALIZATION GIVING EFFECT TO 3V4% Increased $7,549,154,000 in months ended Sept. 30 1953. $558,721,000 and for the nine nine 1952 year 1953 have Inc.- Co., Linn & C. Rotan, 500,000 Co. SALES • the at The Rogers & Tracy, Inc.— 250,000 Goodbody & Co. Goodwyn & Olds plants 26 in yard 1,200,000 Wm. 6,000,000 first and • 150,000 Inc.— — ' land pay- Rippel, Humphrey & the GM Canada, • Robinson- Rodman 6,000,000 Gables, corporation /DIVIDENDS—On dividend Co., & ' 750,000 Co.— & 1,700,000 Rice to 150,000 150,000 Johnston total a J. Co Riter & Co 150,000 ' — Forgan Gardner & Julius A. The Marshall__r-_ Garrett & notification of stock The proceeds common CAPITALIZATION GIVING Inc. Fulton, Reid & Co—_— letter a common incidental thereto buildings of Common 7,000,000 150,000 Coral corporation factory 8% 1,700,000 Glore, wholly-owned & 480,400 addition, 2,000 shares corporation 150,000 Reynolds 200,000 St., different 500,000 1,200,000 of • 200,000 — 200,000 Inc.— under 500,000 —_ Rauscher, Pierce & Co. Fordon, Aldinger & Co. • Co filed li shares work operates The 2,750,000 Co & 200,000 - 2,081,985 512,823 \ 670,570 - gypsum feet Reinholdt B. 621,646 Dec. on several 150,000 Co. 6,296,514 2,247,443 2,681,267 • 150,000 200,000 Nolan-W. 61,273 6,937,164 Today the corporation has branches, in Miami Beach Key West, Fla., and is operating in the following fields: (1) Roof¬ (2) sheet metal work; (3) installing "poured-in-place" Rand Michigan Corp. Southwest Folger, 8,296,501 operations. also 500,000 350,000 Corp. Boston 71,908 • decks; (4) manufacturing -and installing solarJ water heaters; fabricating of both light and heavy metal; (6). wholesaling buildingsupplies through its wholly owned, subsidiary, Coral Gables Supply Co.; and (7) manufacturing of machine made cement roofing tile through Its wholly owned subsidiary, Patent Tile Co., Inc. The corporation's wholly owned subsidiary, Coral Gables Supply Co., 150,000 Co., & Pressprich & Co. Co._ & 229,649 57,337 .'63,919 3,085,633 1939,. the metal Raffenspergert Hughes & Co., Inc & Company Richards First cor¬ role slightly over countries. The . 250,000 - Pollock & $656,162 287,879 (5) .. 1,200,000 350,000 Ferris In¬ 150,000 &,» Quail & Co— Fauset, Steele & Co The :_ Writer Putnam 1950 $739,002 ' > roof 3,500,000 Co Inc. 1,700,000 . 1951 ,.: $725,762 229,774 7,550,661 320,426 to the ing; - 350,000 W. •- , income— In Aurora and • B. W. Pizzini & Co., Inc. R. 350,000 Farwell, its 500,000 Jackson Inc. - 1952 - ,$820,837 ? , 300,000 Until 750,000 Webber, E. Florida Ry.—Earnings— 1953 the sheet 150,000 Co._ & & . 10, Prescott, Shepard & Co., 2,750,000 ______________ 150,000 500,006 Giffen 4112 Co. & Curtis Win, Inc.— Co.— was incorporated on Sept. 4. 1934, In Florida, name Giffen Roofing Co., Inc. (The name was changed Industries, (nc., by., amendment, to the charter dated Feb. 1950.) Its. principal plant and executive offices are located at to Hanseatic wood - - 250,000 Fahey, Clark & Co re¬ trucks, • motor coaches and • freight and switching than more & Clement A. Evans & Co., Inc. automatic increasingly important defense products, which 550,000 employees with $2,000,000,000. They work in 118 throughout this country, six plants in of 200,000 Corp. automatic passenger, an Sales its 250,000 Morris Estabrook & Co In¬ commercial ranges, « systems, water heaters. 1953. scattered 18 have business. corporation months coll diesel locomotives • orders corporation's 2®% 1 electric, produces diesel and Defense •use. and Co.__ Elworthy & Co :_ Emanuel, Deetjen & Co. Equitable Securities Chevrolet, other air washers, tieating equipment 1,700,000 1,200,000 Yager, & BUSINESS—Company, under 500,000 150,000 Peters, 6,000,000 Inc. 150,000 & ' Nowland Ohio & C. PROCEEDS—The net proceds are to be used to retire approximately $180,845 mortgages and notes payable to Ambassador Associates, Inc., and the balance used for general corporate purposes, Including the providing of general working capital, etc. 500,000 350,OOo , Christensen, Inc Phelps, Fenn & Co.— Piper, Jaffray & Hop- ' ,•_ Elklns, passenger cars, Chevrolet coaches. The corporation motor line "Delco" include 350,000 & Eastman, Dillon & Co._ Eberstadt & Co. York Parrish 6,000,000 Pont Co. • 750,000 -—'J du 350,000 Pacific Northwest Co.— . Co. Motors' Buick I. 250,000 500,000 Paine, 350,000 Fred Yarnall 1778. share. time ~ Wurts, Dulles 8c Co._l_* ' 200,000 6,000,000 750,000 (par $2.50) at.$4>• being initially, corporation and its Any of the 2,000 shares not purchased by employees will then be offered to the general public at $4 per share. > 200,000 The 200,000 1 Newbold's Son J. 250,000 bona-fide employees of the subsidiaries, at $3.40 per share. ; 3,500,000 Corp. 2,750,000 ______________ .•> Newhard, Cook & Co.__ Noonan, Dominick- F. some Oldsmoblle, & ^ Newbufger & Co.—____ 150,000 .__ Drexel & Co.— the amount of BUSINESS—General : Doolittle & Co Motors tor Co Francis will Tully & Co._ - .___— Paul 2,750,000 Co. railway p. offered 150,000 New Co. & Industries, Inc. (Fla.)—Stock Offered—Atwill Co.; Miami Beach and Miami, Fla., on Dec. 4 publicly per 500,000 Nauman, McFawn & Co. 7,000,000 __• Corp. to 1958 George & Moseley & Co.— Mullaney, Wells & Co._ Co., & Woodard-Elwood offered 60,500 shares of 750,000 ' ' F- S. 1,700,000 The Dominion Securities debentures Co._ St.- Louis Milwaukee Co.—_ H. & * Co., .Giffen & - 6,000,000 150,000 Co. 250,000 2,750,000 share), without underwriting. plete construction of TV station. 150,000 W. Co. Struthers per > - Beane Moore, Leonard & Lynch 150,000 Gundy 2,750,000 & Inc, railway company covering 250,000 ,__ 500,000 & * Model, Roland & Stone 200,000 & > Mills, Spence & Co. Inc. 200,000 Co 200,000 — Pierce, The ^ 8c Merle-Smith___ Domlnick corporation level Bodine— Inc. of time. In addition, the expansion in sales including sales of defense products, has Increased materially working capital required in the business. volume, & 150,000 & Wood Wood, income/.—i; ; oper. 178, The < 350,000 - E. Gerico Investment Co., Fort Lauderdale, Fla.—Files—. ✓ 200,000 200,000 Turben & Miller from • Co. Co. Townsend, Dixon Bretscher for capital expenditures and for working reports that during the last four years it has spent about $1,250,000,000 for real estate, plants and equipment (excluding special tools) of which about $385,000,000 has been spent for plant facilities required in connection with the defense production program. It is expected that capital expenditures will continue at a capital. & Dickson Dixon 1949 <fc Mitchum, Dillon, Read & Co. Inc. debentures. $100,000,000 the used & S. 750,000 — 150,000 Pancoast Dick Lynch, Metropolitan & Day & Co— Haven R. Co & Co Miller & Co.— Merrill, • Douglas & 750,000 150,000 Crouter 1946. from year - Dempsey-Tegeler 8c Co. for annual payments of 1977, thus providing for the retirement of two-thirds of the issue prior to maturity. Sinking fund redemption prices range from 100 V2% on Jan. 1, 1959 to the principal amount on and after Jan. 1, 1974. Optional redemption prices decline from 1041/2% if redeemed during the calendar year 1954 to the principal amount on and after Jan. 1, 1974. PROCEEDS—The net proceeds from the sale of ♦10 000,000 Davis Dewar, Robertson manu¬ outstanding since $125,000,000 notes. the was Securities 6,000,000 150,000 1— from ry. 500,000 Hutchinson Fenner 150,000 . Inc. This Issue marks the first time the world's has financed itself corporation 200,000 — L. De as by publicly Co. 250,000 Cullom Co.— Co._L.___ Co.—_____ 150,000 R. ate securities facturer Merrill Davis,.Skaags & Co.— The of¬ the largest issue of corpor¬ ever underwritten for public offering by investment bankers. It was quickly oversubscribed and the books closed. record a Mead, , 150,000 approximately 3.22%. fering establishes 500,000 500,000 8c & McMaster, 500,000 500,000 2,750,000 2,750,000 railway. oper. Net —V. 750,000 - ' Co. & & from Net Inc. , - 200,000 Co.— Witter Wood, • from- railway—____ Gross 500,000 McLeod, Young, Weir, • t; Co. that 1, 1979 at 100V2% '200,000 ( . Harold .• From Jan. & Inc.l. Masten McDonald - 350,000 Shelby under¬ firms Co 8c E. A. McCormlck 150,000 Cq.__— Union Marks McDonnell Davenport & Co,1 .. Motors & House M. McDonald-Moore & Col— Dallas Stanley & Co. I .i Net ; 150,000 Mason-Hagan, . Dean 350,000 Co.—_ October— Gross 200,000 150,000 Dain & Company Curtiss, J. Co—_—— 750,000 Co.,,1 Co.^-wi—-, Weedon < > 750.000 McEvoy • 150,000 • Net ry. Bennett & Co. & 2Q0.000-).. Cooley & Company 8c —_ - - ,-t Julien Collins & 350,000 &.Coe_! • Collings* '& Courts ■ & Winslow, 750,000 Georgia Southern 150,000 ' Corp. Inc. other.*' 40 Inc. Coggeshall 8c Hicks C. 250,000 1,700,000 150,000 Coffin & Burr, Inc-. C. _L_ 200,000 500,000. 2,750,000 Wertheim Co Union Securities Corp.. —V. 178, p. 2197. 200,000 Laurence * ^ Co Clarke, Co Manley, 150,OOo & Corp._ & Co. Lomasney & Co._ wait 150,000 1,700,000 & Co.' White, Weld & Co Tucker, Anthony & Co. Underwood, Neuhaus & Rhoades Watling, Lerchen & Dabney and Tyson Spencer Trask & Co.__ MacNaughton-Greena-* 250.000, ———-I—150.000 Wainwrlght & Co. H. Walker & Co 1,700,000 & A. 200,000 Webster & Gibson., .". Weeden & Co. Inc.—__ . * Townsend, 150,000 Irving Lundborg & Co._ : 1,700,000 . Co._ Richard W. Clarke 2197. 178, district W. D. ' Co. & Loeb, American Thomas 150,000 Co.— ' Durst, ' 150,000 • 200,000 Thayer,. Baker Mackall 150,000 500,000 ' ' Co. Dodge Loewl 150,000 * Co.__ «te M. Cartwright Swiss 6,000,000 Co. ' Co.—•_: W. Clark E. Carl • & Co., Co. . 1,700,000 ___— Inc. G. . .150,000 - & Co Sweney, , Livingstone, Crouse - )'• i--——,— Chace, Whiteside, West 8c Wlnslow, Inc._. & Erothers • Corp.- & H. C. 1,200,000 l___—— & 350,000- , 150,000 Bender 200,000 Inc. Sutro 750,000 ' — Langley & Co.— R. • 150,000 & (Inc. Chiles-Schutz - isotopes. currently operates plants throughout the Republic C. • 1,700,000 Co.— Lester, Ryons & Co. S. National' Corp. Central & Lehman 150,000 350,000 Childress 8c Shreveport, La., to sell and farm vehicles. "We • It The .150,000 Co/, Inc./..—— 350,000 7,000,000 ■ Wagenseller •- $350,000 150,000 Wachob 6,000,000 . Co. Dann CoL & L Corp.!; Lombardo, Inc. Suplee, Yeatman , Byllesby and Co. Chaplin at highway General writing ■ Sherrerd Co._ Webster - 6,000,000 Co Alstyne, Noel Vietor, Common, 250,000 Stroud & Company, Inc. Stubbs, Smith & Labard Freres & Co._J_ 6,000,000 »:- Lee Higginson Corp.—r 3,500,000 John C. Legg & Co. 250,000 150,000 Denton, Caldwell, Phillips Co Campbell, McCarty •. Gas is expanding Its own market through the sales and Installation of LP-Gas conversion units which adapt standard gasoline or diesel engines to propane burning units. offered & Central filling station at Baton Rouge, a another by use these of more General & C. F. Cassel! & Co.," Inc. automobile The corporation is a major distributor. of■ liquefied petroleum gas for cooking and heating purposes and its subsidiary, Delta Tank Manu¬ facturing Co.. Inc., manufactures LP-Gas storage tanks. A second subsidiary. Gamma Industries, Inc., distributes Industrial radiography «nachines which utilize radioactive • W. (Inc.) company the automobiles. / It maintains 30 51, small loan offices in major cities ta.t to be followed liquefied petroleum O. M. of General Gas Corp.—Two New Filling Stations— filmn to build - j; Butcher Georgia, .Illinois, Indiana, Michigan, Missouri, New York, Ohio, Texas, f Virginia and Wisconsin.—V. 177. p. 1901. The Bros. Inc. & Co. —_,L. '* J. S. Strauss & Co._-_.L_ 150,000 250,000 Laird, Bissell & Meeds_ —150,000 Burns & & Securities .» -•' Co._—_—j. Laird ( . Incorporated offices be Co. Burke 8c MacDonald— H. The flew & 200,000 8c & Co..i__ Ladenburg, Thalmann 1,700,000 , Dec. 9. on Kuhn, Loeb « .200,000 , Sons—' Slocumb & Kirkpatrick-Pettis 350,000 350,000 Co,__ Inc. Corp.—Arranges Loan—This announced was 8c MacArthur Kidder Kidder,.Peabody & Co & Brown, Lisle 8c Marshall ration has placed with The Mutual Life Insurance Co. 1 of New York a $2,000,000 5% subordinated note due in 1963, it Sullivan Inc.___i__^_—: Bradford Brush, General Finance 150,000 M. Stone 200,000 200,000 Co. A. Van $350,000 Stix & Co.— 500,000 Taylor & Co.— & Co. 200,000 & Kenower, 350,000 : Branch, Cabell 8c .. . 7,000,000 ,____ Bonbright" Co._i._^___i Boswortb, SEC be to B. Kean, Stillman, Maynard 350,000 . _ Co,, Inc,— Richards & Co.— Kay, • .,$200,000 . H. Jones & Co Kalman 750,000 Blyth & Co., Inc 8c General Finance Co., Phoenix, Ariz.—Files With SEC Simmons Boettcher & Co George D. . & Co.— Blunt -. , T. 1,700,000 Blair, Rollins & Co. Inc.. parent company. - Any differences would be paid In cash. Mr_ Cordiner said G. E. is making this move because of the capital Jones, Kreeger & Hewitt 1,700,000 A. G. Becker 8c Co. Inc. of shares S., the V. $350,000 Eear, Stearns & Co. the except 9 —V. from railwayrailway oper. 178, p. income— 1986. _ 226,206,555 217,754,175 209,191,462 179,648,565 -63.088,639 58,783,622 ' 54;474,864 45;777,627 24,954,791 22,690,187 19,838,263 18,557,122 Financial Chronicle The Commercial and . . Monday, December 14, 1953 . (2303) 10 1953 1952 1951 railway from Gross Net Net ry. railway.--- from $367,609 $340,537 122,532 49,997 Jan. From Net 3.021,729 716,131 161,601 3.411,763 from Net ry. —V. 35,490 3,941,571 1,327,066 income— 1778. 429,225 oper. 178, 88,178 35,444 1— railway—_ railway—— from Gross 127,713 — Income— oper. p. first Nov. 1, 1983 has been completed. 1950 $340,495 97,624 31,421 mortgage bonds due See details in V. 178, p. 2198 and 2093. 337.830 Gross ry. Sales —— —V. 178, Gross Net 1953—Month—1952 1953—10 Mos.—1952 $9,493,610 $9,416,492 $83,718,778 $81,778,097 Period End. Nov. 30— railway.—. 10,641,302 10,607.327 railway—— 2,245,739 income— 1,014,931 10,880.069 2,460,835 867,969 oper. 178, . 1— Jan. ry.' —V. 1877. p. 121,633 from from Net 370,935 154,449 $1,256,928 474,721 199,897 $1,283,654 444.003 134,985 — income — oper. From Inc.—November Sales Increased— (H. L.) Green Co., $1,370,937 263,614 railway from Net 10,064,887 2,609,312 1,094,209 2.369,023 865,618 1779. p. and Corp.—Files With SEC— Guardian Chemical of common stock (par Co. of New York an issue of The the amount of holders of warrants entitling of shares.—V. 178, p. 2092. for share per them to for said number subscribe Mobile & Ohio RR.- -Earnings— Gulf, Net ry. railway from Net $7,985,883 $8,802,356 2,595,333 3.058,461 $8,272,600 2,656.999 1,008,541 1,191,079 977,557 1,167,907 Net income— 1667. oper. ry. —V. railway— railway- from 178, - p. 78,282,806 72.351,447 18,560,615 9,000,010 6,687,292 debt term 17,836,050 6,423,685 _ The first the on from share Fidelity and $1,000,000 purchased $200,000 of the bonds. use proceeds to purchase a water supply Co. will Great from Net ry. and $3,483,251 $3,395,783 $3,019,851 890,645 750,524 620,392 221,251 438,080 412,756 281,887 income.,. From Jan. 1— Gross from Net from Net ry. Edgar —V, 178, lished San Fran¬ involved were (1) The sale of the Motors, exclusive of production tools $26,000,000; and (2) $15,000,000 of General the of sum President of Kaiser Motors and Willys Motors, that Kaiser Motors' headquarters will-now be estab¬ Ohio, wnere Willys Motors manufactures Willys Toledo, in vehicles. cars, Jeeps, and tac two- and four-wneel Kaiser Motors' products, formerly built at will be passenger now produced at Toledo. factory at Toledo has man area is 18% larger than that of Run and Toledo, n.aiser and Willys at floor Exclusive Willow Run. stamping new a Run, Pa.; and an automotive assembly plant- at plants comprise a total of 3,100,000 square 8,300,000 square feet. Mr, Kaiser stated, "are fully adequate for the plant at Erie, Calif. These forging May wood, making 31,786,870 31,636,806 31,787.370 27,362,256 5,109,338 5,502,785 5,462,895 5,266,108 2,836,358 2,563,938 2,459,696 Henry of total a production 3,139,369 facilities," "These cars, of engine and electronics feet square have utility drive Willow Ohio; an engine plant at Detroit; the Wilson Mich.; a machining plant at Dowagiac, Mich.; plant at Anderson, Ind.; an aluminum Shadyside, Pontiac, at foundry an 5.200,000 This Willow ... 1779. p. and payment of $26,700,000 to the RFC by reducing the government debt of Kaiser from the one-time peak of $74,789,843. " Kaiser, F. announced Inc., income... railway Sale—Cuts from private banking sources for Kaiser Motors and its ow.ied subsidiary, Willys Motors, Inc. The $15,000,000 of new was made available with the assistance of the Henry ^ J. Co. '7 ' •' ' Kaiser feet, railway oper. also capital capital plant 1950 1951 1952 1953 See the to for machinery, of 322,755 railway oper. •Earnings— RR.- $2,923,468 railway from Net plant Run Willow Run concluded at were transactions principal The Willow The Northern October—• Gross stock dividend ratib of one new as the day of 400,000 bought Co. Insuruance firm securities thereby $18,456,000, to Motors Corp.—Closes Willow Run with 4 Motors, space. present plan of the board to declare a shares payable to stockholders in the for each four shares held on the day selected the Is It of 111., International that the authorized $16,000,000 to $20,000,000. 1954 25 Co.—Bonds Sold Privately— 7 by Co.—Stock Dividend— to the stockholders to be held on Feb. amount of the capital stock be Increased approval their lor Life Insurance Dec. on Kaistr E. G. Parsly is President. system. Dec. 8 voted to recommend at the next annual meeting on York Life Tuscola, ac¬ $18,456,000— agreements Closing cisco new 854. p. privately to two institutional in¬ $1,200,000 4%% first mortgage bonds due 1967. New Mutual Hartford Fire Insurance directors 178, Water Supply Industrial Co.—Books Closed- offering of $10,000,000 3?a % mortgage bonds due Dec. 1, 1983, it was announced on Dec. Lehman Brothers. See offering in V. 178, p. 2092. The $3,857,000.—V. repay Motors RFC Debt to The company has sold vestors closed been have and long year-end balance sheet showed current assets of $2,590,000 liabilities of $1,136,000. Total assets were $5,163,000, and The The Book'; Robison, E. James current 63,281,246 23,373,558 9,462,399 _ 76.588,827 23,844,478 _ States Utilities Gulf President, turnover of the beginning inventory during had cost the company approximately $430,000. stockholders, the abovementioned totaling $2,000,000. the sale of bank loans from to and par 2093. p. wholly 1— from Gross _ _ incomes— oper. Jan. From Net railway— from Gross pointed out that the the eight-month period 1950 $7,571,493 2,609,526 1951 1952 1953 October— the to letter Used be to 178, Kaiser operation. his In proceeds net $1,200,000 3%% first mort¬ E, dated Dec. 1, 1953, at gage bonds, series crued interest. $8,863,000 in its first eight The first annual report of the company, cover¬ ing the period from Feb. 7. 1953 through the end of its fiscal year, Oct. 3, 1953, showed a net profit after all charges of $335. of 6,000 shares of $5.50 cumulative (no par) at $100.75 per share issue of Etc.— Inc.—Sales, Mills, corporation broke even on sales of This months In accrued dividends to two insurance firms. The com¬ simultaneously sold to the Mutual Life Insurance are Head Indian SEC on Nov. 30 covering 10 cents) to be offered at $2.37',■> notification was filed with the of letter A share. per sold privately through Blyth & company an at retail 7,369 at $31 (no par) pany V. 52 500 shares the Inc., Co., $1,079,312 railway— from Net stock shares of common Privately—Blyth & Placed Dec. 9 offered on preferred stock, series C 1950 1951 1952 1953 October— New York, Inc., Co., Stock Preferred and Bonds addition, RR.—Earnings— Illinois Terminal 3.156,506 1.045,745 455,323 793,924 Co.—Common Stock Offered—■ Jamaica Water Supply It was announced — offering of $20,000,000 312% Dec. 3 that the recent $433,806 October— Co.—Bonds Sold Power Illinois RR.—Earnings— & Western Green Bay Kaiser and the Willys passenger of the Kaiser Motors' products—the J—simultaneously with tne production of Jeeps and utility vehicles."—V. 178, p. 1877. record. payment of the the After stock dividend it is the the cash dividend to continue directors intention of the Notes Receivable— Sales the Inc.—Sales & Earnings UpSept. 30, 1953. totaled $1,149,749, compared with $1,031,925 in the year, Arthur Diessel, President, reported to share owners 9. Sales for the most recent fiscal year totaled $20,034,724 Hoe & Co. (R.) 31, previous first Dec on in in against' $17,441,854 a year earlier. the quarter ended Sept. 30, of $18,652,479 a year the figure Committee Protective Sales Lower— $2,946,999 - 178, 1986. p. sales history. for the total The year sales 1953 These large the was were 1953 only the by undoubtedly have Stockholders— Its Own x approval by stockholders of this company of a "spin-off" the common stock of Husky Oil & Refining, Ltd., its Canadian 60% owned subsidiary, the directors of Husky Oil Co. on Dec. 8 authorized the transfer of the stock to Canadian Husky Oil Ltd., a new company and its distribution to Husky Oil Co. stock¬ As followup to the a proposal received than credit final net of subsidiary least partially, by moderate increase in the offset, a companies, which of most were quarter of the year. The company believes earnings for 1953 probably will be somewhat of $55,656,000, which reflected an in¬ pertaining $5,604,00a to previous years. of Sept. 25, subsidiary, the for parent that International date, Harvester Co. sold Harvester International products. Harvester to which banks.—V. 178, then was the used Co. receivable notes loan term announced that the proposed "spin-off" approved by the Commissioner of Internal Revenue. He said be no taxable income or gain to the common stock¬ would the of holders of Nielson, President, E. been distribution the for Federal income tax purposes as a result of the capital stock of the new Canadian company repay at the under organized federal of Canada laws and it is pow prpceeds of sale trie its of the $125,000,000 five-yeir with a group of commercial is anticipated stock of that company will be distributed to the common stockholders of Husky Oil Co. shortly before Jan. 1, 1954. Each common stockholder of Husky Oil Co. of record on Dec. 18. 1953, will receive one share of the capital stock of the new company f,or each two shares held in Husky Oil Co. The stockholders will be advised as to the method of handling fractional share interests. K. E. Dyer, Manager of Refining, announced to stockholders that the $1,000,000 refinery improvement and modernization program has just been completed and is "on stream." George S. Buchanan, Vice-President in Charge of Exploration, re¬ viewed for stockholders recent exploration developments within the capital the that and company its that announced Emma 949. p. Hydro-Electric International System — Sells See International Soya Corp., N. Y. City—Files With SEC subsidiary, domestic an well offset Andrews in Field to County, Trans-Tex the Texas, Drilling Co. that the company is seeking earnings assets, either complete businesses, which could directly contribute to the company's exploration and development activities. The stockholders meeting had also been called to consider a pro¬ posed amendment to the company's charter. The amendment was approved and in effect will reclassify the company's authorized first preferred stock such that it should be more marketable, both by the company and by its holders. The principal changes, in the first preferred stock, as provided by the amendment, include the au¬ thorization of quarterly dividend payments, the establishing of a and 5% or retirement more modern —V. 178, p. fund voting to commence privileges 1779. July under 1, 1958. certain . soecificed * M the granting and . ■ f .■ p. Funds 10 The 131, of the (see V. to of (Mass.)—Registration Statem't Withdrawn 173, p. 52),—V. Power in Light & issue our 1953 16, 178, p. 570. of Co.—Bonds Sold—Mention was 7 of the public offering of Dec. first mortgage bonds due Dec. 1, 1983. interest by a group of under¬ writers headed by The First Boston Corp. The bonds were quickly placed. 101.42% and accrued UNDERWRITERS—The and to conditions. the The ~ principal purchase fropi First Goldman, ?' The f Boston Sachs of thereof company, the purchasers which are as each W. Co _j Co. itnc..t Co. 'ib & Co., the new has bonds agreed $4!000,000 Corp & Baird of purchaser follows: Republic Milwaukee Robert names amount the Iric: For further details, see V. 178, p. 2198 and 2093, Dec. on Series K-2.—V. Fund, covering 250,000 shares, 1953, 2, Commission— statement with Keystone Custodian filed a registration Investment company Boston SEC 2198. 178, p. Inc.—November Sales Up— (G. R.) Kinney Co., 1953—Month—1952 1953—11 Mos.—1952 $3,280,000 $36,309,000 $35,361,000 Period End. Nov. 30— $3,348,000 Sales 178, 1878. p. (N.Y.)—Stock Inc. Scientific, Kopp '2,000.000 '1,250,000 750.000 500|000 Offered—Gear- Otis, Inc., of New York, and McCoy & Willard, of Boston, Mass., on Dec. 4 publicly offered 125,000 shares of common stock (par 10 cents) at $1 per share hart "as & speculation." a PROCEEDS—It proceeds for to is the repay working intention of the company to use the and other debt, and the balance present bank a loan capital. CAPITALIZATION EFFECT TO BEFORE PRESENT FINANCING Outstanding Authorized stock Common 10 (par has company shares of to sell stock agreed common in held be to are for escrow 282,907.5 shs. to the underwriters, if the entire presently offered are sold, 18,750 1,250,000 shs. cents) 10 cents per shares of the common stock at period of a 13 share. These 18,750 shares months from the date of issuance. The of directors 5% authorized have the issuance of stock common (as the given was option cents per share at the after of purchasing 100 shares of common stock at the time of purchase of the notes and any pur¬ in the par value of the stock will be given to purchase All of said the note 250 notes stock shares of common the and stock which may at be 10 cents per purchased by purchasers and the stock into which the notes are have been and will be sold to will the to agree distribution. take To sold been for the amount thereof, plus face amount of notes reduction option share. Dec. to 12 a 3. a limited group of persons convertible who have and investment and not with a view to total of $41,000 face amount of such notes for same persons. BUSINESS—Company was organized in New to amount value of the common stock after authorization of the notes) $1,000 face amount of notes, the notes to be redeemable at of the company at 105% of the face accrued interest. The purchaser of each $1,000 25 $50,000 face due Aug. 1, 1955, convertible into adjusted to reflect the reduction in (or debentures) notes 2-year shares of 1,000 have $8,500,000 3%% at 31, Oct. Registers With Securities and Exchange This the chaser and the SEC's order consenting is dated Nov. company Iowa Its Shareholders—" Husky Oil Co. above.—V. 170, p. 594. 1953—10 Mos.—1952 1877. registration statement covering the proposed issuance and sale 784 shares of common stock has been withdrawn on the request made 3,534 $14.85 combined assets of $217,031,600 for 1953, compared with $217,694,700 a year reported also on 367,615 earlier- the of shr. per corporation 1952 $5,955,628 368,780 3,671 $16.15 1953 $5,460,640 option $6,312,988 $51,021,397 $50,883,448 $6,093,447 — 178. Ionics, Inc. Husky Oil & Refining, Ltd.—Stock Holdings of Parent to Be Distributed 1953—Month—1952 Period End. Nov. 30— Sales Central See its each explained accelerate and value asset Net —Series S-3— - 1952 $22,239,032 899,834 918,132 9,185 9,427 $24.14 $24.22 holders.... of Number par Inc.—Sales Lower— He , properties on 150,000 Interstate Department Stores, company's acreage in the had discovered substantial in the Ellenberger formation. He stated that, based upon completed seismic studies in the Field, the company is planning to commence a well on its acreage to that formation. The estimated costs of the well was reported to be $300,000. Mr. Nielson discussed the reasons for the proposed "spin-off" recently corporation covering —V. Inc.—Assets Decline— $21,725,168 outstanding The Dec. 4 filed a letter of notification with the shares of common stock (par $1) to be offered at $1.50 per share, without underwriting. The proceeds are to be used to pay organization and development expenses, for purchase of license from Soya Corp. of America, and for working capital, etc. The SEC 1,112,025 1953 assets. net Shares of Part Electric System Stock. below and also V. 178, p. 1986. latter company production i Total net Holdings of New England being 2,737,491 1,039,489 1779. p. 125,000 Ltd. Oil, Husky Canadian corporation, new 6,097,366 2,915,044 1,024,165 income... —Series B-2— par outstanding corporation. The 2,591,094 5,733,575 railway Keystone Custodian Funds, used Glenn there 148,004 4,470,221 2,122,742 912,030 Credit the to the wholesale notes receivable which it held, the Credit having re-established bank borrowing lines in order to finance the purchase. Thus, the Credit corporation now finances both wholesale and retail notes receivable in connection with the sales of wholesale 99,587 5,500,145 121,553 company, corporation International 319,305 As of Oct. 31— corporation to 1950 $564,828 256,409 251,949 railway oper. 178, —V. of 1951 $585,255 1— from The the International Harvester Credit Corp., a whollyresumed the financing of whosesale notes receivable and thus again became the chief financing agency for the sale of its products. Early in 1952, all wholesale notes held by International Harvester Credit Corp. were sold to the International Harvester Co. In order to pay for these wholesale notes, the parent arranged a five-year term loan of $125,000,000 from a group of banks. The Creidt corporation, in turn, used the proceeds from the sale to pay off its short-term bor¬ rowings from banks in an approximately equal amount. Thereafter, until Sept. 25 of this year, the Credit corporation financed only re¬ tail notes receivable, and its own capital funds sufficed for that pur¬ As owned 1952 at income net 1952 —V. * from its that the tax come the during time this at dividends of amount less 1952. result, however, will be lower income taxes and by holders. had Jan. than of offered at $1 The proceeds are be $686,161 354,872 181,984 income oper. less As Co.—Stockholdings of Canadian Subsidiary Transferred to New Company and Distributed to Husky Oil Be ry. From from that 1 covering Dec. on to 1953 railway from Net ry. pose. to Net Net adverse cents) 10 $558,594 railway.-^.. from Net This the SEC with (par Oklahoma & Gulf Ry.—Earnings— October— Gross Gross increases by stock Oct. highest second exceeded sales to Kansas, ended year with $1,204,000,000 volume realized in the its 1954 business to some extent. been one of narrowed profit margin. principally relatively 1953—Month—1952 1953—11 Mos.—1952 $3,024,119 $22,885,270 $23,671,395 Period End. Nov. 30— —V. fiscal compared record-breaking sales $1,277,000,000. plants. our 1953 filed was common during 1952, net Rejects-Company's Suggestion corporation has reported to share owners that stockholders "protective committee" has rejected its suggestion that an industrial engineering firm be retained as "referee" in the company's manage¬ ment proxy contest. The "committee" is asking lor the reinstatement of Joseph L. Auer, who was formerly President. Citing management's continued willingness -to liave qualified and neutral judgment settle the dispute^ the letter supports its position by an attached independent statistical report showing that the com¬ pany's net profit during the first six years of ex-President Auer's of¬ fice, had- dropped 31.5%, descending to last place in a seven company survey of the printing equipment field.—V, 178, p. 1986. Sales the of of share through B. G. Phillips & Co., New York. go to a selling stockholder.—V. 176, p. 1378. per This has been tion $4,706,686. or more than 25% over earlier. 0 Stores Corp.—November strike in eight of of notification of shares in the costs of materials and labor, by the effect on costs of the necessary curtailment of produc¬ that occurred during the latter part of the year. As a result, income from sales before Federal income taxes is expected to be and The Howard the down was ended Oct. 31, 1953, from the $324,789,000 the fourth quarter $1,258,000,000, the 1953, of This quarter The year 1953 has caused in Proxy Contest— Referee of of fourth months 12 at of company's sales mortgaged $23,359,165, an increase of totaled the for Because half the 1951 1953, net profit after estimated Federal income taxes totaled $287,744 compared with $264,325 in the corresponding period of the previous year. Mr. Dressel stated that unfilled orders on hand Nov. 20. 19o3, For 1952. the but exceeded prolonged a estimated are for $258,236,000. at quarter, had sales Total profit for the fiscal year ended after estimated Federal income taxes, Net third which*we letter A 60,000 products estimated are in all of Inc.—Files With SEC— Kansas Oil Co., History—Credit Firm Resumes Financing of Wholesale annum upon per Co.—Sales Second Highest in International Harvester at the present rate of $3 per the enlarged capitalization if in their judgment such dividends are warranted by the earnings of the company. A cash dividend of 75 cents per share is payable Jan. 2, 1954 to stock¬ holders of record Dec. 11, 1953.—V. 170, p. 2436.. share York on Sept. 25, 1952, acquire the assets and business of Kopp Scientific. Inc. The prede¬ corporation, which was originally organized in 1949, as suc¬ cessor in the develop¬ instruments and the inventory, machin¬ ery, equipments, patents, and trade-marks of the American Time Divi¬ sion of Holly Corp. which manufactured coin-meters, timing devices, industrial timers, advertising clocks and similar products. The com¬ pany has continued the manufacture and nationwide sale of some of its predecessor's line of scientific and laboratory instruments and appara¬ tus and plans to develop, manufacture and sell other similar or allied products as well as the new lines of products, such as coin-meters, timing devices, industrial timers, advertising clocks and similar items. The company's principal offices are located at 405 East 62nd Street, cessor ment to a New York, One of Natelson" partnership sale and apparatus. of a line formed in of was engaged and laboratory 1946, scientific The company has recently acquired N. Y. the most important of the company's Micro-Gasometer, for which a products Is the "Kopp- patent application is pending. Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2307) This instrument is carbon used monoxide, plasma The or for determination nitrogen, etc. from of ultra carbon micro dioxide, volumes Manhattan Bond Fund, Inc.—Net Asset Value- oxygen, blood, of As of Oct. 31— serum. Net has recently developed two precision instruments, the Kopp MicroMaster Ultra-Buret and the Kopp Automatic Pipette or Syringe. Actual production of the Ultra-Buret is underway. The Kopp company Automatic Pipette Syringe or should according to company plans.—V. be 178, in production within 60 —V. days, Period End. Nov. 30— Sales 1953—Month—1952 r~V. 178, 1953—11 Mos—1952 Each into Per. End. Nov. 30— 1953—Month—1952 Sales Jan. 178, 1878. p. ' additional Per. End. Nov.' 28— 1953—4 Wks—1952 —1-— —V. 178, Nov. company on share one new to common share for filed 30 letter a stock common stockholders each record shares 16 notification of (par $1) of held be to Nov. (with with at the on SEC 1, of 1928. Lane-Bryant, Inc.—November —V. $5,006,789 178, Sales compressed Higher— 1953—Month—1952 July, Jersey Lehigh Valley $4,919,236 $55,608,123 $51,105,342 Gross ry. From Gross Jan. Net ry. railway.. railway from —V. income. oper. 178, $7,655,968 $7,383,243 $6,910,264 2,650,184 2,168,045 2,211,840 1,048,379 1,367,687 64,571,584 — 1,249,997 65,485,197 17.959,234 16,488,253 __ 9,100,153 __ 1, organic in stock place of Paragon in States. An Corp, 1,083,141 65,257,528 Period End. Nov. 30— East Testing Orange, 6,617,036 6,736,873 9,601,254 Month—1952 of organic chemical 178, capital stock of The to the the of & Bell two purchase of the interests both in of the assumed $ 13,355,464 1952 s the right <no par) Any not subscribe at $2 shares surplus above fund offerings, public involved. The net expired unsold 121,048,962 being are including The this offered Dec. In corporation, May, 1953, The of June 1, Matheson shares that South Carolina at $3 30 stock common after shares, will be No to are enabling be it used to write to increase the health more this the as legal a incorporated was South in Carolina dn 1 stock life insurance company to health-accident insurance business. Jan. 1, 1952.—V. 178, states of & Beane at $68.50 per $1.50 share. per It do a 8, life, 1951, The 4,000 Lion Oil dealer's discount a is of will mile east of production 1 in in the Crane the completion County, In of Rockaway, merged first by Bell is Gross 1953 from Net from Net ry. railway— railway______ Texas. jointly This well is I As of a share. In N. sell 1953, Dec. 50% to 5 It capital Bell, Inc. & with in which Testing for to chemical throughout that countries either had announced is capital sale 1951 $4,672,949 178, 797,996 1,133,936 707,112 26,783 639,193 *25,287 44,446,619 45,043,330 offered Motors, $116,244.—V. the less other United than than division.—V. that & 7,056,326 5,608,852 5,411,363 31, stocks 178, 10 % Canada. it has reported 2094. p. sales October— Gross *1,693,365 ry. railway *1,606,853 reported six the the last-in all railway oper. income-. From Jan. received sufficient of $4,942,497 and Net from Net ry. railway:.—_ railway— oper. 178, RR.— Earnings— 1952 29,348,254 185,719,766 Sales due 178, purchase new net 1968, at proceeds equipment 18,222,490 20,750,973 21, 807,841 100% are and for to and used general accrued was pired stockholders a on to repay corporate bank record purposes. on and President, would year Dec. 9. For and 2094. of at the The billion McGraw Net it * p. The company the on —V. 178, p. The it Newport was Mr. sented & been subscribed Subscription warrants see V. Steel a that estimated $170,000. company's of In —V. above. Paducah atomic personnel at the Corp., of launched Milton the by Electric Connell at said E. on energy The plant this first is now project Dredge ex¬ television sidiafy/'the 1953—11 Mos.—1952 $49,941,109 $50,689,155 the 1,714,174 378,757 471,315 89,721 94,819 170,550 Co.—November Sales 1953—4 Mos.—1953 $3,162,057 $11,298,380 $11,916,244 1953 1952 1951 1950 $7,864,141 2,414,132 1,141,109 $7,345,111 $7,411,001 2,280,050 853879 2,485,079 1,054,925 72,379,254 70,426,115 64,196,121 63,327,1611 19,899,852 19,818,831 14,645,716 8,103,032 8,358,471 5,197,267 17,694,2557,048,712 1,660,644 income__4 671,571 income 178, p. 1878. share. per PROCEEDS—The net proceeds equipment and for working to are be used capital.—V. to purchase machinery 178, 2094. p. Monongahela Power Co.—Bonds Sold—The offering of $10,000,000 3%% first mortgage bonds due Dec. 1, 1983, made was associates 178, Dec. 3 on by Salomon Bros. & Hutzlur quickly was completed. See details in 2199. p. Montgomery Ward & Co., Inc.—November Sales Offperiod End. Nov. 30— Montour 1953 from from ry. railway railway From Gross Jan. acquisition W. Morrell & Co.—New Officer, Mr. McCallum succeeding Foster Chairman had of McCallum Co., Milton, Pa., midwestern with and program acquisition the construction Fitz who 496,095 to the President and Chief Executive resigned for reasons of health. newly created position of Vice- been" Vice-President 177, of Finance for Oscar Mayo? 1475. p. 1953—Month—1952 Sales —V. of Simons organization 1953—11 Mos—1952 $15,357,484 $15,788,962 $155,185,137 $151,789,570 178, 1879. p. Narragansett Electric Co.—Financing Approved—• The company has received sell Scott 286,944 Board. has and & 48,314 2,300,055 485,345 since last February, assistant to Oscar G. Mayer, President of the company, since 1947 and a member of the board of directors since 1942. He has also been President and a director of KartridgPak Machine Co., a wholly owned subsidiary of Oscar Mayer & Co. He will continue to serve as an officer and director of the latter firm for some time after assuming his new responsibilities as Presi¬ dent of John Morrell & Co.—V. of expansion 79,263 2,223,065 Inc. Wolfson, President and Board Chairman. acquisition of Newport Steel, repre¬ the 42,319 ( President, Etc.— elected Foster elected common in been M. been the Mr. & has J. New further,step 42,718 railway 2,299,460 1,890,221 Net from railway -L 378,675 42,688 Net ry. oper. income-l-'"-'0 ■ 543,77S"'>V' 395,021 —V. 178, p. 1780. I"1'' par of 99,085 92,049 parent, exchange an $312,232 40,993 from (John) 1950 $277,394 24 • 1— $50 by 1951 $187,174 86,763 income oper. 1952 $285,930 its Ky., 1953—10 Mos.—1953 RR.—Earnings October— Per. End. Nov. 30— 1953—10 Mos.—1952 toward 1879. p. 1953—Month—1952 $98,349,384 $108,524,651 $886,545,853 $947,574,234 __ 178, its of Lower— 1953—Month—1952 $7,047,970 of Corp., Dock Co., with issue preferred applied note by be used England SEC to issue bidding 150,000 shares of a Proceeds of the financing the to the (1) payment amount of new serioa are to construction or outstanding short-terra $7,450,000, and the balance will reimburse its treasury therefor.—V. to ha of 2199. for sell and 100,000 additional share,t the price of $50 per share and (2) £<> at at competitive stock, $50 par. in authorization Electric System, stock Narragansett indebtedness p. reported of for Utah steel 46% Radio cabinets, plan of & net sales of $50,502,854 .s in 1952, products, .with. hot; ..lolled .sliqets and 1952 Products speakers . shipment^,' Co.','' • . A, q wholly sub- 17J, Inc.,^anu£acty»es' jaclio and and.,ifah&tyrmei^ and; ' hardwood ply¬ ' Nash-Kelvinator Corp.—Sales & Earnings Higher— Fiscal Year Ended Sept. 30— Sales; Net" earnings Earnings per after 1953 Scott to stock by offer & dividend board 'directors of shareholders Scott common payable Jan. of Newport stock 11, authorizes (after 1954) in Steel giving exchange Merritt- one share effect to for each The of gain in share sales ' reflects laundry equipment output dent, of both said.—V. to automobiles 178, p. defense the sales Kelvinator and 2094. 1952 $478,697,891 $358,400,502 14,123,026 12,603,701 taxes—— ,, approved Merritt-Chapman 25% 1,740,414 334,883 258,947 (G. C.) Murphy Co.—November Sales Off 2.73%— proposed wood. of 41,338 1,761,105 792,170 shares, Steel & va^ety coi/sj'.Recounting The 58,239 Chicago. Newport^ Steel, Chapman 75,679 25,735 (par 10 cents) at $1.371/2 is peak of construction. negotiations Merritt-Chapman 1950 $210,218 76,665 2,172,169 to Newport, 1951 $213,964 54,401 1878. oper. the Sales Off— $5,212,635 authorized 1952 Mohawk Business Machines Corp. — Stock Sold — Bache & Co. offered and sold on Dec. 9, through its own organization, an issue of 145,000 shares of common stock net 1952 atomic schedule. 1953—Month—1952 carefully considered for, 178, pp. 2199 4 announced by Louis Wolfson recently recently offered to Nov. 24 at $20.25 per details, Ltd. 17,961 railway railway from Net $86,467;753 $38,129,367 1953—Month—1952 Dec. on new $199,051 income— oper. ry. 1878. directors ex¬ one pre¬ $12,652,000 $12,422,000 $101,462,000 $99,194,000 - of 70,615 from Net Stores, Inc.—November Sales Up— Period End. Nov. 30— Sales being are basis stock common 1878. Merchantile the on $226,050 railway.. railway.. Net —V. 1953—11 Mos.—1952 ahead was $4,778,423 178, value, par RR.—Earnings— from ry. on stated the dollar Reverse — From Jan. 1— share $1.16 period. 4 company's what of (Canada) 1780. p. from W. was run area, Missouri-Kansas-Texas RR.- —Earnings—• per approximately that test held. Gas October— computing these earnings inventory valuation was used Dec. the Isthmus 1— p. 178, Gross to $8,807,955 on be Paducah Sales based The offering was underwritten by Mer¬ Pierce, Fenner & Beane and Kidder, Peatiody associates. the earned $28,799. Strike also announced that Tehuantepec Ltd. $2,882,136 —V. In McLellan Stores Co.—November of stock have the 1953 Miller-Wohl Gross $9,048,775 Period End. Nov. 30— loans, Dec. 8. rill Lynch, Co. of one-for-six basis announced for Strike, production. interest Maine Public Service Co.—Stock All Subscribed For— on S. unit in the common & Period End. Nov. 30— Merritt-Chapman & Scott Corp.—Proposed Acquisition be Gas shares Oil Valley oper. 178, Sales 1953—Month—1952 currently about one-third —V. 177, p. 1474. 40,188,358 UNDERWRITERS—The following underwriters also participated in the offering: Dallas Rupe & Sons; Chace, Whiteside, West & Winslow, Inc.; Baker, Simonds & Co.; Ball, Burge & Kraus; Goodbody & Co.; and Byrd Brothers.—V. 178, p. 2093. All of the 35,000 shs. of ry. months 1 contract tforth Miami, Fla.—Debentures 1, old railway railway from Net to 1878. p. Clifford 1, 1953. PROCEEDS—The share of nine (F. II.) McGraw & Co.—Earnings Increase— —V. Nov. & from Net —V. applicable share per the 1161, 1__ —V. 165,930,287 40,532,445 Offered —Courts & Co. and associates on Dec. 8 publicly offered issue of $750,000 6% sinking fund convertible deben¬ from Nov. Gross earnings equal 1953. basis for Net months cents 62 July 31, said company in company, without Midcon Oil & Gas Ltd. five Continent From Jan. V. (- $500-million 1950 an common income, $7,688,000, nine first-o4t?'M5LlFO) construction 1951 197,398,950 187 ,442,112 56,059,577 42 ,742.542 income Ludman Corp., tures, ended stores.-—At.! 4.78;' 'p. earnings 1987. p. Oil from which McCrory Stores Corp.—November Sales Higher— 1— from Gross to earnings of months on stated: 1953—9 Mos—1952 $16,349,000. for 'the Period End. Nov. 30— *552,803 $19,944,156 $20, 310,067 $21,514,098 $20,749,997 5 ,573,529 5.552,794 6,589,409 8,075,233 3 ,130,344 3,091,888 3,193,385 4,153,044 from Net amounted viously taxes were further successfully." railway Net from railway Net ry. oper. income— company 1953 from Net 1953 which 1987. p. of Reaction Motors, Inc. liquid fuel rocket engines. purchase up to 48,513 Reaction to Inc. 178, Federal stock for 6,743,656 Nashville domes October— of 1953—3 Mos.—1952 before common Mr. Louisville the subsidiary and Reaction of Oct. capital the 41,402,881 389,225 report operation its $6,000,000 plant to produce the first "Frasch process" United States. to this into each Mid Gross $111,654,000 $111,624,000 $317,003,000 $305,582,000 ended $4,356,637 1779. p. outside the expand r.-:. -Deficit.—V. into State, sulphur of Midland and 1950 $4,834,213 46,873,456 railway from railway ry. oper. income— for Press • Net *58,594 from world that subsidiary, announced on Dec. 9 that sulphur-producing operations to a large-scale placed . See industry stock builder a 2094. p. Midcon Oil & Gas Ltd.—New Name— Division offers planned estimated shareholders. Matheson. Gas Paragon the of 178, Co.—Subsidiary Starts Large- United a Sales division and is as primarily foreign the of which Chemical 1952, earnings From Jan. 1— Gross Co., first Continent for » Net stocks ratio is it variation on J., .rem- 643,468 income oper. • com¬ result, the Mathieson company expects to complete the purchase required number of shares by Jan. 15 at a price of $16 per- the by 1952 $4,722,643 the special meeting Veracruz shares share Matheson as the Bell the will Merritt-Chapman & to 3,000,000 shares Co. Co. Division same Bell operating Coleman & shares. Long Island RR.—Earnings— October— & were The & outstanding Matheson chemicals. the made seasonal no Earnings, its of Lea • it & an the of estate, machinery, known developed Bell Matheson be Sales Completed— announced the the changeable stock 174, (Ellenberger) Field. The well was perforated in the Ellenberger formation from 8,240 feet to 8,280 feet and on potential test flowed at the rate of 1,704 barrels per day of 42.6 gravity oil through a small choke.—V. 178, p. 1779. to In be shares common 1,000,000 expects to produce about 200,000 tons a year from estimated at 11,000,000 tons. The company's output will be enough to cover Mexico's needs and will allow a sizable surplus.—V. 173, p. 1700. The an corporations. Coleman was Coleman originally different Canada. sales corporation tenders to acquire hos¬ commenced It quickly completed.—V. Co.—New Well company on Dec. 8 C. E. Marsh-Lea No. owned —V. Co., May Department Stores Co.—Sales Up— This Net all and divisions. & to and corporations two Coleman Per. End. Oct. 31— Net Co. Matheson Coleman The 6. one two the chemicals and Mathieson share, with was from than Gross total of 2093. p. distribution of the 25% 11, 1954, to Merritt-Chapman & Upon payment of this dividend, 4. capitalization Sulphur exploited Mid a in¬ Liggett & Myers Tobacco Co.—Secondary Offering—A secondary offering of 24,500 shares of common stock (par $25) was made on Dec. 4 by Merrill Lynch, Pierce, Fen- P. and divisions Motors of is The designed assets the of accident June on reserve pitalization /and ner as Mathieson Chemical Corp.—Stock Purchase Offer— company business line Both surance. The follow Jan. Jan. Split-Up of Shares—Name Changed— New capital new real » 1,078,54ft company export the of a &. Bell expands. offered surplus these of name acquired Bell business approximately underwriting and. the & operates Matheson There proceeds 1953 now second on The unsold the primarily Matheson Coleman Laboratories offering, up to but surplus fund cei"exchange for their share. the carries 11. remain per Nov. to in 22 record B Dec. on after of class of to but not exceeding 92,930 up in thereby company, and stockholders shares Rights shares, to up its 100,000 certificates. the is for remained 23,939 holders offered share. per that exceeding tificate to to 30 and pany, acquired the remaining Coleman & Bell, Inc. $ 116,641,919 second and Nov. all described be outstanding and,, equipment, stock on in be more Co., the assets of that corporation were corporations with The Matheson company new controlling On company Paterson Paragon Coleman retained title to. all of the Life Insurance Co. of South Carolina—Stock Offered— The payable record at according to company has proved The The Coleman transferred 1878. p. Sept. on 932 interests may 24 spokesman "can having completion The of Decrease- 1953—10 Mos, $ 12,447,839 —V. A laboratories. J. conditional the reserves is Laboratories, N. shares would Gulf Sulphur Cristobal had 200,000 Jersey business to Nov. started sulphur its principal office and place of business purchase price was $412,116, of which $18,000 Matheson preferred stock at that par value and the Upon 14,342,525 November Sales 1953 San paid in balance in cash. 58,856,200 13,512,570 shares was The Sales had 2a9,000 cynlinders of stock Mexican The 14,201 shs. small of it 52,480 shs. and dividend common voted is shareholders. of outstanding would entail the of Merritt-Chapman & Scott company's 3,000,000 authorized issued. Authorization to increase been Mexico, $233,500 1,-1964 incorporated in New was located corporation, Norwood, Ohio. in owning Stores 1967__ 1972 Jan. The first corporation Lerner an Testing engaged in the business of selling approximately chemicals of high purity to laboratories throughout Ohio 2093. p. construct capital. was United standing 1— from Net 1950 $6,733,992 __ 1951 income. oper. 1, due shares the of offer Newport acquisition Scale Operations in Mexico— FINANCING 1 office 102% i chemical compound containing carbon. As of Nov. 30, 1953, Matheson offers more than 2,000 organic chemicals to the chemical industry. On Nov. 6, 1952, Matheson purchased all of the issued and out¬ 1952 1,788,654 railwayrailway.— from Net Nov. now now 1953 from Net at i gases capital corporation 1,200 RR.—Earnings— October— due debentures additional these Mexican during case. to common The of See also Newport Steel Corp. below.—V. , Outstanding March 1948, Matheson purchased from outside Laboratories the t bonds company chemical outstanding 1953-^-11 Mos.—1952 1878. p. used working PRESENT common. two-third's ... of stock 953,124 have The for TO 1956 each Steel shareholders Scott's Newport least l-for-2'/4 -exchange, 479,354 < of at a before or Road, East Rutherford, N. J. In addition, it operates an office, shipping and warehouse center at Joliet, 111., and conducts a large portion of its chemical business in Norwood (Cincinnati),/ Ohio. Matheson was organized in 1928 to engage in the business of selling In Period End. Nov. 30— in by of Newport of common Scott 1954 redeemable during be and due Plank privilege). Eights are to expire on Dec. 24. The proceeds are to be used lor working capital. The offering is underwritten by Childs, Jeffries & Thorndike, Inc., New York.—V. 177, p. 2008. Sales of Issuance eight on * . (par $1)_ principal to are 31, into 1956 and are 103%; Dec. in hold basis common. was before or shares; interest EFFECT $20) (par at Ohio, f...bonds s. debenture Its 1955 proceeds convertible stock BUSINESS—The $5.75 basis oversubscription an 20-year 10-year Common stock the offered 27 the shares ' thereafter debentures accrued Norwood, mortgage 5%% Preferred (M. H.) Lamston, Inc., N. Y.—Files With SEC— The in _ First 5Va% covering 8,533 shares of plant with net on. nine and The during 101%-; 1953—48 Wks.—1952 $82,963,187 $83,849,937 $971,941,110 $966,566,368 6% per shares. 104%; at into shares; CAPITALIZATION GIVING 1878. p. at convertible 1955 seven six PROCEEDS—The Kroger Co.—Current Sales Off 1%— Sales into into thereafter is in snares; 1957 1954 year and - debenture common in 1, ,1964 the 1953—11 Mos.—1952 $14,185,949 $14,689,297 $141,769,807 $144,937,793 —V. $100 10 shares; (S. H.) Kress & Co.—November Sales Lower— ; ' $7.74 they acceptance On - $7.63 shares upon 1950 Y.; Security & Bond Co., Lexington, Ky., on Dec. 1 offered publicly $200,000 10-year 6% convertible deben¬ tures due Jan. 1, 1964 at 100% and accrued interest. 1878. p. $7.85 2679. p. 2 V* 1951 and $28,903,601 $28,766,659 $277,068,722 $266,534,940 _____ 177, 1952 $7.72 Matheson Co., Inc., East Rutherford, N. J.—Debentures Offered—Mohawk Valley Investing Co., Inc., Utica, N. (S. S.) Kresge Co.—November Sales Increased— <•. 1953 vRlue per shr. issuance 2093. p. asset 11 of product appliances, $3.25 $2.35 $42,144,457, the addition line, and George W. larger unii. Mason, Presi¬ Financial Chronicle The Commercial and Monday, December 14, 1953 ... (2308) 12 railway— from Net ry. income— 517,300 oper. $3,454,607 1,309,176 $3 ,675,032 1 ,135,833 $3,748,613 1,235,867 641,638 $3,507,415 1,055,474 railway— from Net 1952 1953 October— Gross 718,751 424,646 From Jan. 1— Net oper. ry, —V. 33,811,640 railway from Net 178, p. 34,090,817 9,686,979 ,611,716 4,962,887 4,880,692 ,958,887 : income— 1780. —V. 178, 1953—11 Mos.—1952 1953—Month—1952 and Sioux the Civil Aeronautics Board. Inc.—November Sales Lower1953—Month—1952 1953—11 Mos.—1952 $5,482,080 $5,584,089 $55,139,494 $51,956,578 Neisner Brothers, period End. Nov. 30— Net sales —V. "p. 178, The Airlines, —V. set 178, p. engine have cars acceleration characteristics in the Packard the greater availability of "usable power" unusual will be having Emphasis line. on driving speeds of 40 to 70 mlies per hour. Other will include the highest compression ratio in the critical at ments Electric System—Stock Sold—A group of underwriters, headed by Merrill Lynch, Pierce, Fenner & Beane; Kidder, Peabody & Co. and White, Weld & Co. (jointly) on Dec. 9 offered and quickly sold an issue of 125,000 shares of common stock (par $1) at styling body for changes with 1954, in fenders accented more high the Nance said the company would make more frequent Clipper because of the popular price range. As an additional product announcement, Mr. Nance said tubeless tires would be offered as optional equipment for the first time.—V. 178, Mr. strongly, the in changes 1276. p. Cars— Co., and Weeks Dean sold this $13.44 tax to the in NEES.—V. 178, 2,936,578 11,264,244 2,921,873 382,084 9,752,017 2,065,091 344,576 674,748 income— 178, ry. Jan. 14, sale 1954 for net proceeds to are This 19 and the stock on Jan. 13. be used to pay for property York, Certificates Trust associates and & Hartford RR.—Equipment Offered—Salomon Bros. & Hutzler Mr. bid¬ its series A (equipment 1, 1955 to 1969, inclusive at prices to yield from 2.50% to 4%, ac¬ cording to maturity. Issuance of the certificates is sub¬ ject to the authorization of the Interstate Commerce Commission. The offering represents the first instalment equipment trust certificates, 3%% trust of issue of $13,200,000. an certificates were awarded The The 1954, No. 1), maturing annually Jan. of bnly ■who following $17,600,000; Also of issue the cost baggage 89 and Corp. ry. Net from Net ry. —V. a $13,200,000 Stroud is Inc. 178, Union Secu¬ 2200. p. would be increases Overall, Nov. on that the amounts make allows 30 the tllF services. miscellaneous some increase plans to company in. the New York P. S. asked 30 about to 10% of rates effective Jan. advance notice legally new 30-day Old President, McHugh, Costs rising are Dec. revenues. The 1, and the filing required to meet In he result, a added, than 2 in normal the times this McHugh will we The best emergencies, said: he need capital."—V. 178, several "For should remain near gram to the too low and are V';"> ■ ahead level around' 2095. p. Newberry construction our history. in our $100,000,000 !,t 144,468 34,750 Co. (Del.), West Linden, N. J.— above. Corp. asking dismissal showed the Court that it was financially able to discharge all its obligations. evidence to show that the company has a diner orders which it is currently producing at an in rate.—V. 178, 856. p. in [hi 'to ; The net York proceeds and office Calif.—V. 8, to are be plant equipment and purchase to used capital. company's Oakland address 178, is Co.,- 950—56th Vacu-Dry c/o St., 2200. p. Pacific Gas & Electric Co.—Proposed Merger— pro¬ This new company P. U. in Up¬ exchange for Service 1879. On Reports indicating Chapman nearing Mericka, *P*' Mr. such has or to ness an was the on that board exchange stated that stockholders of the or basis, Finance exchange an shares for it of stated was Committee Steel by of stock of Newport Newport while the resolution has substance of authorizing been recent a communicated to him, in Pacific J. sition Steel application an with the Coast Counties Gas Electric & Co. P. exchange the the for Service Electric & filed Co. issue to shares outstanding Dec. and the 4, shares Coast of company of the the Counties preferred Gas & that stocks Electric of merger a with companies.—V. these 178, 2/4 so far as of Newport Newport shares to 1, announced as that suggested he knows Steel for in no Corp. has Merritt, recent indicated Chapman Pacific stock¬ shares stock common of Made on See to Public a regular dividend of 10 cents per share Newport Steel Corp. was declared, payable Service Preferred Pacific Gas releases. news 5, 1954 to stockholders of record Dec. 28, 1953. also Merritt-Chapman & Scott Corp. above.—V. 177, p. of & Co.—Exchange be $2.36 Co. above.—V. 178, a 2571. 4 ™ *e\!ier °*ofnotification shares 000 Incorporated below.—V. 171, Bell.—V. Hammill 177, p. & Co., New 1879. to be offered York, for at the from Net from Net ry. oper. From Jan. Gross from Net ry. p. 1951 $1,049,875 262,896 248,789 98,426 87,885 < 0 1— 68,022 1 j» t >;J to 231,742 * 1192,330 rijf/oo 0772 t 9,329,401 9,796,343 9,493,031 7,659,053 2,273,797 2,289,388 2,267.667 1,588,525 727,815 780,672 668,696 primarily engaged Sept. ended in the electric and gas share.—V. 178, p. 30, 2200. Corp.—Proposed Acquisition— Dexter and has signed Co. an Fairfield, of dryers, subject to Its present plant facilities are located be emphasized in the upper price, luxury w » * special lines. lines Planned for, public .introduction after Jan. 1 with car prices remaining basically unchanged. The Packard line will feature a completely new increased horsepower engine and heightened intne are ilfs!!!0lls' The cliPPers will have bold, high new body styling accentuating fender appearance and increased engine horsepower. .. separate unit. Its output of washers and marketed under the Dexter name. Entry into the home present management as a dryers will be «!fn ™°Ur induction, and three custom-built mp(fei$, ?'4nere L slx cl|pPef *nodels' and a new Clipper super series will be added to the present deluxe and 577,226 income is 1958 plan to spend about Fairfield, Iowa, headquarters of the company, and Alliance, Ohio. plans to continue operation of the Dexter Company under its — p $898,923 . rv'.' 1819. common corporation the at m°del preview statement introducing the second phase the company's new program, James J. Nance, President, said racKara will continue 1950 $1,049,385 302,508 d..■ railway.: railway oper. 178, 1952 months laundry equipment for 59 years. of nf^v.8, $1,010,912 income___ from Net —V. 1953 railway railway through Philco Southern Ry.—Earnings— October— Gross the market account 2402. p. 1954 Of the total it is planned to with varying amounts in later years. 1954, stock, of which there are 200,000 shares outstanding. A special meeting of Dexter stockholders will be held later this month to approve the agreements between the two companies. The Dexter Co. has been engaged in the manufacture of home 1682. Packard Motor Car Co.—Adds Super Series Norfolk will be ap¬ agreement to acquire the net assets Iowa, manufacturers of washing approval of the Dexter stockholders, it was announced on Dec. 8 by William Balderston. President of Philco, and Tom B. Hunt, President of Dexter. In exchange for the plant facilities, patents and other assets of Dexter, Philco will tender 70,000 shares of its authorized but unissued common stock, or 1.05 shares of Philco stock for 3 shares of Dexter the SEC on Dec. 4 covering was filed with capital stock (par 50 cents) Shearson, Herbert A. Niles-Bement-Pond Co.—Buys PlantTextron per This of Offer May Be p. from subsidiaries its $310,000,000. 12 Philco a Stockholders— Electric the b'onds Pacific will Packard-Bell Co., Los Angeles, Calif.—Files With SEC tnrougn See the machines willing¬ of 1953, the company and its consolidated subsidiaries had gross operating revenues of $184,727,906 and net income of $29,530,650, equal, after preferred dividends, to formal substantial about For 1989. p. and company BUSINESS—Company step in the accomplishment of the company's ultimate purpose effecting sale business. the acqui¬ Co. the from increasing $76,000,000 in Jan. See * stock proceeds the cost of the company's construction program. To demands of its customers for electric, gas and steam, toward spend common common stated accrued interest. plus PROCEEDS—Net meet its of refunding mortgage bonds, 3Vs% accrued interest, yield 3.15%. Award of the issue was won by the group at competitive sale on Dec. 10 on a bid of 99.017%. Competing bids for the bonds as 3'As came from: The Firsl Boston Corp., 100.9399; Morgan Stanley & Co. and Drexel & Co. (jointly), 100.6799; Kuhn, Loeb & Co. and Union Securities Corp. (jointly), 100.51; and White, Weld & Co., 100.465. The bonds will be redeemable, at the option of the company, at prices ranging from 105% for the first five years to par the last application an shares Halsey, to Co. filed outstanding Co. Gas Commission U. — offered $20,- 1983, at 99.517% and series due Dec. 1, plied filed 4 Pacific 1953, Service further of 6, California laboratory in Bonds Offered — associates on Dec. 11 and first of 000,000 year, and parasitology a research last year.—V. 178, p. 2095. Philadelphia Electric Co. Stuart & Co. Inc. and California Dec. application of Public looking no include facilities research N. J.; virology laboratories in Groton, Conn.; a 700-acre experimental farm in Terre Haute, Ind.; and extensive chemical and biochemical facilities at the company's home plant in Brooklyn, N. Y. for the Co. Public its In Merritt negotiations the stock of Corp., William poultry. firm's The Maywood, received. exchange basis It on merger without are stated been further He holder Corp. of Scott & a Nov. with a meeting of its board of directors held Dec. 8. Mericka toward the approval Chairman Chapman offer that Scott & of disease value). is in oil for cure of the single dose and Terramycin Pacific Public Service Co. has presently outstanding 298,137.7 shares $1.30 first preferred stock ($25 par value). Coast Counties has outstanding 124,000 shares of 4% preferred stock, series A ($25 par value), and 75,000 shares of 4.80% preferred stock, series B ($25 par Newport Steel Corp.—No Formal Offer ReceivedMerritt, motion sickness remedy improved authority to issue shares of its capital stock outstanding shares of preferred stocks of Pacific on Commission Davenport were Bonamine, giving 24-hour protection with a costly air sac iCRD) Two new Pfizer of 1953—11 Mos.—1952 $14,162,632 $13,445,725 $141,947,366 $136,744,872 p. subsidiary; sales price of this antibiotic. products mentioned by Mr. bottom Offered—Goodbody & Tampa (Fla.) on Dec. 7 publicly 5,452 working The . 1953—Month—1952 sales; in vitamin Inc.—Stock Crystals, New of for are in increase retail a complete line of steroid hormones of Mexico and Puerto Rico. an shares of 6% cumulative preferred stock (par $50) and 54,520 shares of class A common stock (par 50 cents) in units of one preferred and ten class A common shares at $55 per unit. The offering was made to residents of Florida only. finance To year purchased J. B. Roerig & Co. of Chicago and arranged for marketing of in cooperation with Syntex, S. A., % Despite these expansions in areas which Pfizer did not exploit befor® 1949, the company's basic line of fine chemicals sold in bulk continue to account for 30% of its total volume and the sales force of this group was increased 25% in 1952, Mr. Davenport continued. Through production research, Mr. Davenfiort said, the company is still able to sell, bulk penicillin at a profit despite the current rock as by John H. De Maio, Counsel for the company. of in Belgium, Canada, Brazil and Great Britain; sales division which is currently experiencing plants agricultural an rapid a presented it backlog offered V'lJo on -J :.!t each Co.—November Sales per. End. Nov. 30— Sales 178, 115,000 include 132 countries, with production expanded foreign sales to packaging a Foods company, addition, Public —V. 146,005 < and created Pfizer, he said, spent $5,000,000 on in telephone service, whether declared, can only be given if years highest raise . (J. J.) 275,976 is strong. company Mr. in or 416,683 income announced Orange revenues, company's earnings expected to drop still further. 806,325 438,542 petition for the involuntary reorganization of this corporation bankruptcy laws by a group of petitioners was dismissed by Judge Thomas S. Meany, U. S. District Court, Newark, N. J., accelerated two gave faster the 981,310 416,750 the large earnings. As 970,772 division—Pfizer O'Mahony, Inc.—Petition Dismissed—- (Jerry) principal, reasons for the he said, and very large capital additions for improvement and expansion at high post¬ war prices for plant and equipment are a drain on the rate of S. application. 907,722 noted that during the four years this company has for plant expansion; built an ethical pharmaceutical Laboratories—staffed by 600 professional representa¬ spent $25,000,000 1820. p. program, for the first preceeding year. Davenport tives; Judge The under date. Keith 4,792 completely solvent and Commission for increases of 2%c a day in the rate for most residence main telephones and 7 cents p. day for most business main telephones. The company also requested an increase of 'A cent for additional local message units. Certain toll rates would go up 5 cents and there Nov. on 39,613 22,203 New Name.—See Airline Foods Corp. The company 56,359 4,428 railway.. oper. 178, It was New York Telephone Co.—Seeks Rate Increase— The 39,408 1— railway in use today." harvest year for Pfizer's four-year plant Mr. Davenport said that the firm's nine months of 1953 are 32% higher than first the expansion profits Mr. , by secured be to Co. & Stuart Halsey, from 4% coupon. of certificates Inc.—V. Co., & 58,131 income— Jan. from $91,040 22,313 railway oper. From Gross Dec. 9 on a bid of 98.38. group club cars and one buffet club car. in the offering are: Drexel & Co.; three cars; from Net standard-gauge railroad equipment estimated to passenger coaches; seven combination passenger- new participating rities received was Net used in the manufacture ol hydrocortisone from readily avail¬ "the most economical process those for the $113,354 $92,125 hydrocortisone, trade-named fermentation techniques of 1953 market net 1950 1951 1952 $109,223 railway from high materials by raw hydrocortisone, Executive Vice- of the diversification which is pushing Pfizei this year. He stated that his firm is applying example an record a knowledge able Ry.—Earnings— 1953 Dec. 1. the introduction of 011 Terramycin and penicillin to produce additions and / the to price of 98.322 for a entire The bid other named Gross as to Terming Oklahoma City-Ada-Atoka October— is now marketing three forms of super-cortisone, John L. Davenport, called Davenport cited sales and of 1954, No. 1, Dec. 10 offered $6,600,000 on High— corporation Cortril, Haven New New President,. announced each 10 shares Hydrocortisone Pfizer & Co., Inc.—Marketing at sometimes improvements.—V. 178, p. 2095. New 1880. p. (Chas.) 19. be determined by competitive will issues both for the bonds on Jan. The 178, —Sales statement with the SEC cover¬ the basis of one new share for • Underwriters 1953—Month—1952 1953—11 Mos—1952 $4,409,900 $4,337,176 $48,498,775 $48,016,141 Sales 569,568 Sales Up— Stores, Inc.—November Period End. Nov. 30— held; with rights to expire on Jan. 29, 1954. The bonds are to be sold on or about Jan. ding, 2095. p. Peoples Drug: 8,638,289 2,069,878 of on 70,391,966 1820. and has filed a registration proposed 158.885,381 income 62,491 —V. 1374 pp. 845,512,298 863,739,978 749,239,469 133,148,84.2 123,671,072 120,075,209 59,141,413 48,252,326 47,845,394 880,976,041 railway railway—: oper. —V. .178, 217,308 Co.—Registers Stock With SEC— Edison company the recoid 1988. p. from Net 527,830 additional shares of common stock (par $12) and $30,000,000 of first mortgage bonds due Jan. 1, 1984. It is intended to offer the common stock to common stockholders of as indicated, and the Commission has interested persons until Dec. 21, 1953, to request a hearing thereon: Quincy Electric Light and Power—$1,280,000 to be borrowed irom NEES; and Suburban Electric Co.—$2,500,000 to be borrowed from NEES. The borrowing companies will use the funds to prepay a like principal amount of note indebtedness to banks and to 11,152,145 oper. Ohio The giving order ry. ing borrowings, make to an railway "Deficit.—V. Electric System has joined with the following of its the filing of an application with the SEC for authori¬ issued *54,103 from from Net Borrowings zation 239,957 132,868 income— Net From Jan. 1— Subsidiaries— to Two 371,326 railway from Gross $1,122,918 308,008 113,135 railway oper. Net England .subsidiaries ry. Gross Make To New 5,273,665 7,590,560 6,629,771 6,633,048 income oper. 1950 $1,277,683 railway-. from Net of Eastern New York Power Electric Light & Power Co. and the sale ry. 1950 1951 $94,761,182 $94,623,770 $87,977,156 14,980,025 17,667,304 14,043,196 15,845,977 railway $894,937 1951 1952 1953 $1,162,986 from Net Hydro-Electric System, sufficient to offset a $1,250,000 which it has incurred and of interests in the Corinth Moreau Manufacturing Corp. irom $89,403,093 railway.. from Net MONTHS TEN 1952 1953 October— Gross RR.—Earnings- Pacific Northwestern to go to Internationl establish a tax loss Corp. p. 133,929,624 31,951,356 16,188,425 Net 13,440,085 October— $13,625; and The (jointly), Co. & 178, Gross share. per 28,658,278 income— 1820. oper. 147,573,274 142,704,916 28,536,359 28,261,487 12,644,574 12,302,924 151,819,484 railway.:— railway.. from ry. FIRST AND OCTOBER EARNINGS 'FOR A 7. Pennsylvania RR. announced on Dec. the 1— From Jan. 1— approximately of properties of tnrough year are stock the gains capital Sachs Goldman, Corp., proceeds net The which Net Paine, Boston Jan. Net Stearns and Inc., Co., First 1,877,072 from Gross —V. 3,627,810 income— $20,195,967 9,201,091 4,960,603 $17,797,785 $17,639,934 5,408,873 5,224,169 2,702,757 2,472,207 $16,408,223 railway oper. From & Co. (jointly;, $13.67 per share; Kuhn, Webber, Jackson & Curtis, Hornblower & Witter & Co. (jointlyI, $13.63; Harriman Ripley & Bear, $13.65; and & ry. railway—— from Net per share. The following investment houses also participated in the offering: Bache & Co.; Estabrook & Co., and Laurence M. Marks & Co. The group won award of the issue on Dec. 7 on a bid of $13.68 per share. Five other bids were received, viz: Blyth & Co., Inc., Lehman Loeb from Net box cars, equipped with a new type of cushioned underframe designed for easier riding, have been ordered from the Pullman-Standard Car Manufacturing Co. for delivery next month, 50-ton Twenty 1950 1951 1952 1953 OctoberGross 314 Brothers Ry.—Earnings— Northern Pacific England improve¬ industry, each model, and seats that retain the chair height comfort design with increased modility. In the medium-priced Clipper, product improvements will include designed Pennsylvania RR.—Orders 20 Box New and to reflect the that advances stlying and engineering and manuiatcuring program. Major changes in the luxury curs selling for more than $4,000 will be a new, more powerful engine week, have been postponed for this 1162. facilities; management group; to modernize refine its dealer organization. new and 1954 new the purchase of Lake at Indianapolis, Ind., until Jan. 18, 1.954. North Central's application for a local service carrier based in Hearings Central originally 1879. entirely an corporations application for a local serivce City, Iowa, will begin Dec. 15 this in Chicago between for the next five in the auto "critical year" the as Mr. strengthen Inc.—Hearings Scheduled— route belore Central Airlines, Hearings 2199. p. to brakes North $15,239,067 $1,623,879 $15,944,560 $1,571,288 — 1954 Nance said that the basic revitalization of the program accomplished by a year in which dramatic progress was made re-establish the company in the luxury car field; to put together industry, had been terms 1404. p. Inc.—Sales Off— Delaware, National Shirt Shops of Period End. Nov. 30— Sales 29,159,882 7,785,157 3,857,617 ,589,320 9,811,298 railway irom Gross the to Pursuant 1950 1951 Terming Co.—Partial Liquidation Distribution of the plan for this company under Section 11(e) of the Public Utility Holding Company Act of 1935, the directors on Dec. 7 declared a second partial liquidating distribution of shares of common stock of Union Electric Co. of Missouri. The distribution will be made on Jan. 21, 1954 to North American holders of record on Dec. 21, 1953, and will be at the rate of one share of Union Electric common stock with respect to each 10 shares of North Ameri¬ can held. No fractions of shares of Union Electric will be distributed but, in lieu thereof, cash will be paid at the rate of $23.12% per share of Union Electric, which is equivalent to $2.31'A per share of North American common stock entitled to be paid such cash.—V. 177, North American St. Louis Ry ,—Earnings— Nashville, Chattanooga & will round out the Philco program of major appliances, which already includes television, radio, refrigerators, freezers, air conditioners and electric ranges.» laundry New field Development— which out-performs all transis¬ military and civilian equipment, was Development of a new type transistor tors currently -announced "The on new Vice-President "ates at high in use Dec. 3 for by both this corporation. 'Surface-Barrier' and director of frequencies and transistor," said Philco research and with low power Leslie J. Woods, engineering, "oper- consumption—requirt- Volume 178 ments which Number 5281 have limited the . of use 'Surface-Barrier" transistor electronics since discovery of the up transistors anc* dev*ces where stability "rnu8 The in The Commercial and Financial Chronicle . . to up this time to the most important point-contact transistor. an entirely new realm for transistors in both military applications."—V. 178, p. 2200. The advance It opens SEC This has company discovered new a deep Bastian Bay Field, Plaquemines Parish, So. Louisiana, Fasterling well flowed at a daily rata of 373 barrels small a leet. choke to tion the new from The according The in view and been would of the States Miocene 11,162-178 field. pay In addi¬ K. 30 S. Adams, FPC's decision of ~to review, Chairman. it did of fact of that the oil and Appeals General Oklahoma District was of and view by also United fact court the 178, 1572. Pittsburg & as FPC and liom Net Net ry. railway railway from and said also said, and 178, Gross Net Jan. at $4 for from Net ry. —V. working Net 27,516 34,487 Gross 24,900 28,158 23,697 Net 2,028,531 1,845,295 2,001,776 2,130,661 384,030 338,596 403,082 From 607,667 529,534 349,556 Gross ..Net Net ry. —V. Dec. without of —V. 1952 1950 $739,882 $769,608 $820,104 169,766 157,510 196,352 $804,536 201,357 109,100 119,185 121,777 142,958 7,045,778 1,514,829 7,327,454 1,349,744 1,192,490 1,061,297 1,031,997 1,168,740 I860. p. (H. K.) cation, Its y the p.aces present Steel fittings, hydraulic equipment, electrical and wire The Procter with ment of the vhave & the of 300.000 Procter & Stock Option Dec. on The from with 178, but unissued These shares to the terms Option Plan.—V. forged which to the state¬ the of are to are Public Service Co. of Indiana, The company Ded. Dec. on filed 9 a Inc.—Registers With SEC registration statement the the proceeds, net company's 2V2 % toward $15,000,000 bank construction loan costs.—V. will notes, 178, be applied and the with the due Jan. the to balance 1, be of applied Puget Sound Power & Light Co.—Merger Dropped— The company's merger by Statement said Nov. ment with to As it Currie both 19, the reported not him. Nov. on the Nov. 12 Secretary the of Currie 18, either on employ . . . . .. . 23,621,877 22,464,333 Corp.—Stock 1953 the not directors Nov. Oil Co. the or any were board purchase before Income lor Subsequently, basic factors cognizant reaffirmed inc. its applicable taxes, etc *-V. 177, per 1952 $ 27,321,000 28,666,000 taxes 8,276,000 7,915,000 527,000 common 556,000 20,195,000 1,659,000 $4.56 Refining Corp.—Secondary Offer¬ secondary offering of 55.593 shares of common (par S10) was made on Dec. 8 by A. G. Becker & Co. Inc. and It Kidder, Peabody & Co. at $22 completed.—V. 178, p. 668. was Ranger Brewing Co., Ltd. The <19531 Brewery ' J of name this Ltd., company as of per share. been changed to Dow Net ry. From elected 178, Net 'Net —V. the newly 1952 1951 1950 $12,339,995 railway— 2,753,361 3,457,327 2,332.273 position from Net ry. 1,732,053 1,100,882 Chairman from Net ry. 1951 $535,903 82,563 50,307 25,717 30,070 *3,956 Saaty The 371,284 p. $11,869,395 $11,572,975 103.187,884 107,162,078 in 389,505 be to Dec. on shares 50,000 share per *96,891 *122,137 *118,277 4,949,536 — 25,896,292 24,122,514 19,195,356 21,099,473 4,330,913 12,711,361 9,096,622 10,741,730 the used for filed 3 letter a plant Co., and notification of stock common Sacramento Northern " October— Gross after Net ry. (par $1) York. New Net from Net ry. earnings income—_ *4,068 226,641 161,682 70,774 Through 3,986.767 2,616,941 2,904,149 1950 , the seller 2,681,876 2,143,322 782,897 1,054,085 1,084,783 1,136,227 417,169 677,407 452,561 tion 99.4206; issue Francisco hp. cars; 200 steel Ry.—Equipment Trust Certi¬ 95-ton F. be secured estimated open hopper & in Co.; by to freight all cars; participating Rothschild Dec. 8 on a to 30, 1953, Paul A. purchased the to 1953, was Appleby amounted the over been pre¬ fiscal dividends, with of in on equal was to share a outstanding the on charges $2.37 shares share a all greater available for income of average 1952. that only 30.5% was Net common $2.30 in $106,519,433 after year, which $3,359,750. number the over 23.6%. was 1953 $131,619,369, interrupted increase $4,382,913, of totaled Sept. of share As degree preferred "issues, to will be recent in 15.2$ future any stock than common earnings result, a common greater a 274,021 convertible of common earlier. for last, 30 is company in the strongest steel and the the cost following not less locomotives; ore 600 50-ton offering Baxter, 300 cars; box R. are: Williams & new than 100 Bros. N, years. position in its all 55-ton steel flat all top open W. & 1953—10 Mos.—1952 $2,568,636,723 $2,472,540,523 & Co.; Co.; Dec. that 1 Jan. on 6, 1954 in ten widely buyer together therefore be of of the at number a interest to distant of locations. packers, growers, Business brokers, Machine each Selevision cm, or which in offer an all in of these first city one the and cities ten Selevision auction receive rooms. bids within a equipped with Selevision. auctions will be operating Lakeland, Fla.; Washington, D. C.; Philadelphia, Pa.; New Boston, Mass.; Pittsburgh, Pa.; Buffalo, N. Y.; Cleveland, Mich,; and Chicago, 111. Y.; Co. Telephone & Telegraph Co., specially adapted equip¬ may make from any cities International develpped which permits instantaneous intercommunica¬ Selevision's 178, York, Ohio; Self Storing —Files The SEC headquarters With Window used is at Co., Securities corporation covering par office 70 Pine St., New York City. 245. p. Dec. on of for letter a class per Minneapolis, Minn.— Exchange Commission— filed 2 shares 1,500 Inc., and share), without expansion program. ($100 A of notification stock common underwriting. The with be to the offered proceeds to are Siskiyou Hardwoods Corp., Portland, Ore.—Files— The SEC corporation covering $100 per par, without share Wm. for land and 27 Nov. on 2,250 at at Pressprich Freeman $283,044,727 new type of wholesale auction called motion. It is an electronic* system of bringing cooperation been seller —V. Pollock & Co., Inc.; Gregory & Son, Inc..; Ira Haupt & Co.; Hayden, Miller & Co.; McMaster Hutchinson & Co.; Mullaney, Wells & Co.; and F. S. Yantis & Co., Incorporated. EARNINGS FOR from from OCTOBER shares and filed of and The used (no 6% proceeds to par) to are be the with be conveitible operating as notification of stock 10-year of underwriting. building letter a common $75,000 AND FIRST 10 Net ry. MONTHS 1952 1951 $11,391,558 $12,641,560 $11 4oi.?ofi railway oper. 1950 $10 (m.RSO 3,017,599 income— Southeastern Illinois The 4,149,042 3,073,631 offered debentures used to pay capital. 2,087,396 1,349,915 at with 57® called first 101% for Gas for the series interest accrued 1,908,871 A in American National Bank & the Co. (111.)—Calls redemption on Jan. bonds, series A and mortgage bonds each case. Trust Co., 1. Bonds— next, series all B, 101 V2% for Payment will be trustee, of due the and 3,561,215 1,440,786 1956, bonds, has company outstanding 1, 1953 railway its July series made B at Chicago, 111. 'U Fire Southern From Jan: 1— & Marine Insurance Co. of Georgia, Atlanta, Ga.—Files With SEC— r". Correction—The figures appearing under this heading in our issue of western Ry.—V. Dec.''7; 178, , in¬ reflected Detroit, standard-gauge $9,375,000; five 50-ton the & cars. Co.; 1953—Month—1952 on seconds at bid of 99.43. received, also for 3s, viz: Salomon Kidder, Peabody & Co., 99.33. diesel-electric riveted Also and to Sept. auction houses. between A few be equipment 1,500 L. is has The Halsey, Stuart & of series M 3% equipment trust certificates, maturing annually Jan. 1, 1955 to 1969, inclusive. Subject to the authorization of the Interstate Commerce Commission, the certificates were offered at prices scaled to yield from 2.25% to 3.125%, according to maturity. The group won award Hutzler, 178, brand the should the American ment 1880. were fox- V. 1881. and Selevision and <,» bids also 2133. a buyers and other Photofact of See 11.3%, or has ago conversion the p. put in are Two in year that 177. cities, 190,504 on of average manufacturers President 30, The available will be $370,958 of the certificates parts sale Folders. contracts which year a net a Selevision, 1951 p. the ended and sales dilution income announced was 211,408 178, from Photofact history. out separated Ry.—Earnings$391,680 income— and electronics. an Placed in equipment. 1952 railway tele¬ Selevision, Inc. (Del.), N. Y. City—New System To Be Operation on Jan. 6— at proceeds 272,884 oper. and editing SEC offered net $485,924 'Deficit—V. trend for net p. 52.892 railway completing only Sept. on $275,520,789 178, 1953 from radio Sears, Roebuck & Co.—November Sales Off— —V. the with be to The From Jan. 1—Gross to is the radio and $21,392,403, preferred potential noted was $277,807 railway oper. is operation, of average 38.7% in railway—__ from from of preparation and through more than company component in and income Period End Nov. 30— d'Avigdor new feet square the is television, not of amounted with 4,751,599 Co., Boston, Mass.—Files— of through 9,100 373,545 *91,813 net pointed share per It 97,288,972 income— 1880. upward reserved were creases 1821. Injector company covering $5 Fuel to the Thompson outstanding report history.—V. 4,764,172 A. made Seaboard's 1,625,650 compared The SEC 111,827,909 the stock, reducing *1,392 408.204 p. by company increase preceding year's the It 178, corporation in year W. an taxes, the common 1950 4,209,884 26th outstanding of years on 60,953 income— oper. at this location. space locations. month. during the year, compared 1,250,781 shares outstanding $527,676 railway 'Deficit.—V. Street, building business. receivables than \ 1952 88.677 railway— other 1946, 46th men. engaged loans year's shares 1— railway railway oper. two the of 1,458,150 income—. that continuing 1— from the of repair Chairman including $518,804 income oper. two East basement and Folders, which are sold throughout the United States per Receivables 1953 railway at space enterprise $210,833,052, ceding $463,917 railway iwo-story active Board *• of notice 2, and profitable in its history, with volume of business, outstanding and net income reaching new high levels, Shareholders were informed cn Dec. 10 in the annual report. to 2200. p. a April on Photofact company's reported 2.804,602 1,538,196 Jan. 178, created leases business and book most the military $'2,028,590 $18,613,432 $17,667,593 RR.—Earnings— from Net Gross $11,648,087 oper. from ry. to It office of days' 30 on Indiana receivables of October— Gross Net railway from Gross 1953 from and service new the 1953—11 Mos.—1952 Co.—Changes in Personnel— in Seaboard Finance Co.—Reports Record Earnings— the 340, six and working capital. part, place of business is located at 2201 distributors This now 1514. p. in or incorporated was lnd. principal The : from Convair the 178, additional as all 2201. said We 27. ' October— airliners, used listing their replacement parts p. increased $150,000,000. 1953—Month—1952 October— Net amount," substantially Super-Constellation B-52."—V. be callable, company receives income Folders but also from certain 1880. Rutland Kingsbeer Reading Co.—Earnings— Gross Boeing 1,000 ($100 fiscal current the Ind.— E. (Canada)—Changes Name— has Nov, commercial Lockheed the is The 10 & 25-Cent Stores, Inc.—Sales Off— p. Board.—V. The Oil ing—A stock its principal 1,000 engine—reciprocating, turbo-compound, power packages for nine different air¬ $1,856,937 railroad States three the and during have Indianapolis, dividends. corporation vision $0.53 substantial a to are stock accrued Consolidated 1,659,000 $4.14 shares.— share—— 2572. p. Quaker proceeds and publication 317,061 ficates Offered—A syndicate headed by Co. Inc., on Dec. 9 offered $7,500,000 18,518,000 dividends declared on,preferred Earnings preferred The 1,055,061 178, — profits interests excess minority to include including sales by approximately turbo-jet—in Ruberoid decision 1953 income. Cash net par one $1.54 contracts Co., Inc., share), without underwriting. warehouse Stanley Woodward, now Executive Vice-President, has been elected President, effective Jan. 1, 1954. He succeeds Herbert Abraham who they 270,637,000 242,932,000 and is aircraft Sales on addi¬ when agreement."—V. ' 30— income Federal Fed. "New now of St. Louis-San income— operating Provision increase $63,005,623, & having approximately 30,000 square feet of floor addition, the company leases approximately 1952 the given was $ Net of to proceed with General Counsel Currie views. advanced 12, merger Sept. type Douglas DC-7 stockholders' (& Subs.)—Earnings— Ended should Sams publishing of books relative During the current year the 927,102 which $8,877,433 $10,311,200 \ In Higher— 2,243,102 year's W.) Indianapolis, total of 144,483 The re¬ a — President. and been $1,374,625 $836,727 1821. p. The and $27,794,468 $12,697,575 schedules 178, v income gross The : Subscriptions—Of stockholders, common share—— planes. These —V. 660,710 $11,284,751 973,551 income 178, per 19,298,599 at taxes every planes, 840,699 ' . . taxes last turbo-prop 46,o07 $1,469,140 $10,073,953 94,615 .1,196,520 — The company on Dec. 7 offered shares of 5% cumulative preferred stock at par flat subscribed for at $12.50 per share. backlog, our 52,390 $9,233,254 $10,624,041 $1,223,454 386,727 income (Howard requesting decision the of at which Mr. had $1,422,633 Stock Offered Telephone Rohr, Net the which conclusion Months Income state¬ . committee's $1,171,064 249,764 1880. over H. Y Pure Gross the urges in directors appropriate way have the company's with present Mr. as their extend Nine a company's General Counsel and Secretary comprehensively directors as to what took place at the meeting. those to to to the of and the the to was meet 1989. p. both the to "Inasmuch tional that meeting was held reached which McLaughlin to 2,597,343 income- oper. Sales committee Mr. wires sent Counsel is telegrams opportunity ry. >;■' 638,048 6,525,688 "Present are Currie deemed was his to "Such Nov. by reconsideration urge Secretary full discussed were $13,221,384 3,236,084 $1,960,050 stockholders. stockholders' Puget a Francis Mr. committee, and Puget $12,469,338 279,211 123,504 2,665,583 per year President, repeated much of what he announcing the decision. Subsequent develop- first 16. meeting irespect to $1,701,844 369,671 546,808 7,865,721 p. Fred Puget W.W.P. Nov. board. business—rejecting follows: as "On a in 12 concerning in Washington Water Power Co. and a joint Utility Districts is explained in a management sent McLaughlin, merger continue to $1,651,064 $11,997,546 $12,855,876 50,780 471,792 365,508 $1,540,735 $1,985,299 2,479,170 were Net the Public recently Frank ments decision with the 11,327,613 1,451,370... 1,423,342 inc. 532,709 —— Gross * proposed inc. oper. i 178,612 8,413,730 From Jan. purchase 31,220 $2,023,911 2,742,746 after 1984, 1880. p. $1,509,515 659,836 7,519,619 before SEC payment will income income- oper.: ry. from -V. part 1989. covering $25,000,000 of first mortgage bonds, series K, to be offered for public sale at competitive bidding. Of ry. Gross used be 2,681,070 Sales shareholders employees in restrictions of The p. 8,992,843 146,923 the 23,167,629 certain and 178, shares 1,790,760 . 1950 Period End. Nov. 30— share 1,300,044 56,655 148,421 taxes - taxes oper. from Net offered 2095. p. registration a 100,000 Co. rights for sale subject Stock 178, 1,356,422 $61,474,307 $61,045,930 city Non-operating income__ with be 1951 Rohr Aircraft Corp.—Profits has t- proceeds 3 Months Ended Oct. 31— With SEC— covering Gamble equipment, rope.—V. Plan filed 1953, & preemptive and Gamble 2, Procter authorized released '^accordance Gamble SEC stock .common , The to $1) (par income Rose's 5, Procter & Gamble Co.—Registers r. i notification of stock railway railway— oper. Earnings with Porter's continuing policy of diversifi¬ drawing field in addition to company in the wire in rubber, steel, operations 146,071 267,670 from Profit Porter Co., Inc.—Acquisition— This acquisition, in line s 34,139,055 142,018 oper. ry. Total maining 11,767 unsubscribed shares were taken up by the underwriters, headed by The First Boston Corp. See offering in V. 178, pp. 2096 and 1990. 1,660,384 company on Dec. 2 announced acquisition of The Alloy Metal Co., Prospect Park, Pa., according to T. M. Evans, President. Alloy Metal Wire Co. produces stainless and alloy steel wire, rod and strip for use principally in the electrical, electronic and chemical fields. Operations will continue as The Alloy Metal Wire Co., Division of H. K. Porter Co., Inc. .< -Railway Other neces¬ a 1952 1—• Rochester 7 077,833 1,826,701 income— oper. 37,676,127 income Another 7,733,996 3,491,564 in 1— The ,j to year. expected $2,178,685 J subscription by 1951 $7,226,382 4,103,714 and Federal The 'Wire . fiscal as 1953—10 Mos.—1952 $5,960,323 abroad and ^amounted This . - letter a common underwriting. income Profit f. iiled 1 shares railway From Jan. shares income— railway— railway—— 178, home previous the 156,250 shares of common stock recently offered for from from '• 346,101 1953 Jan. the 56i,520 1880. oper. at conditioners for Other not are Ded. railway from ry. railway railway—— from ry. sales air room $3,246,811 31 Oct. 1953—Month—1952 revenues- expenses- i. Federal ended year , taxes value par 1953 oper. Net from Net $1 . capital. from from ry. 17,996 October— Gross of Richmond, Fredericksburg & Potomac RR.—Earnings $'223,649 Pittsburgh & West Virginia Ry.—Earnings- i, stockholders to 1 1880. p. Railway oper. Railway oper. State, county stock Net $165,707 income— oper. 178, p. Feb. shares 178, Period End. Oct. 31— for the of 10% a substantial increase in sales is people classify air conditioning "A on 75,000 share, per 55,584 railway railway. fiscal combined type to more corporation Net 1— l'rom those voted 1670. p. covering Net 1950 $208,228 payable 285,211 sales that 3 than have -, 1953—48 Wks.—1952 $118,933,704 $116,596,544 $1,431,533,847 $1,366,846,311 sales. 11,247,965 10,961,943 134,838,877 128,788,669 St. Louis Southwestern Ry—October Earnings— Revco, Inc., Deerfield, Mich.—Files With SEC— The SEC 1670 pp.. 1951 —V. 1953—4 Wks.—1952 1, sales— Canadian used be 390. , the that console compared as more $215,883 48,996 income. oper. From 1952 to are Domestic par by RR.—Earnings— 1953 at • Gross Shawmut October- ■ Gross be now Dec. higher directors will are October— i the on 97% were dividend There Laube Mr. Laube sity.—V. the the by offered last that States Mexico.—V. 31. announced 31 that outstanding. final'figures for ready, Mr. stock Dec. window - Oct. and year stock $6,407,414, Columbia. of divided a sought the New in was of circles gas particularly review a Solicitor Texas, for in case,- Court the the Appeals the be to Safeway Stores, Inc.—November Sales Higher— Per. End. Nov. 30— the to gas reversed was with notification of stock common President, ended This record 1954 that natural of letter a underwriting. The proceeds working capital.—V. 178, p. for Laube, year Although gas and period last common of ruled of L. fiscal dividend. - natural declined previously Phillips' sales the same yet its of had the zone. Case— rehearing Nov. by considered hear of acting of Gas for on regulate Court decision through the S. Court the feet petition Court However, this at Herbert the tto. through • U. generally Supreme 9,100 released to Sand in acres oil we,II indicated commercial produc¬ Commission pipelines. the had Power jurisdiction by and statement a Federal interstate that regular the Miocene Rehearing of Natural to have May field's company will file a which tiie Supreme case not deep discovery, the To Seek It perforations in the leases on 4,700 net Phillips holds tion v from in its where of shares without expenses filed 1 Remington Corp.—Sales Up—To Pay Stock Div.— - formation pay pay Dec. on 300,000 share), per to Phillips Petroleum Co.—New Discovery— 6 covering ($1 and civilian corporation 13 (2309) Reddy Beverages, Inc., Dover, Del.—Files With SEC— < is relatively unimportant. , is x p. are those1 of the St. Louis South¬ 2200. • ;> ■> at company covering $20 used for per on 12,500 share, woVklrtg Nov. filed 30 shares without capital. of a letter common stock underwriting. (Continued on of notification (par The $101 to proceeds Page 58) with be the offered are, to be \ 14 announcements Dividend payment date. Corp. Inc. Fund, Fisher, & Petroleum Amerada (quar.)— Ltd (extra)—__ Corp. Aggregates, preferred < (special)—. common 12-26 12-18 12-18 12-15 12-21 12-12 Crum 1-10 1-10 12-31 $1.50 1- 2 12-22 Hair American & preferred American (quar.i held taken Dec. on —— Rubber Hard action No Co. (quar.i. 1-15 $3 15c 1- 5 12-30 American 10% 12-30 (quar.i Insurance — $3 dividend —— 13%c 31 7c Anchor Hocking Glass Corp., com. (quar.i. 40c $4 preferred iquar. 1 $1 Argus Corp., Ltd., common —_— 115c 477 convertible preferred fquar.i 1$1.127 Arkansas-Oklahoma Gas, 6% pfd. (s-ai $3 577 preferred Arrow-Hart & $1.20 Co. Co. Press Atlas Steels, Audio of — Inc.__— quar.i... Extra National Bankers N. (stock J. Oil Bankline Life Bliss (E. & common. Insurance Co. Property & British Maine Street 37c from from RR., net realized in holder's and income gains Brown-McLaren Forge Burrillville Butler's, 4V2 7 Canada Flooring, Canada Starch Co., Shoe A 12-14 $6.45 12-20 12-18 12-17 1:50c pfd. preferred shares 011 Dairy 1- 2 12-15 19 & Gas Maine Power preferred pfd. 12-28 1- 12-15 12-21 12- 12-31 Co. 12-15 2 & 1-8 1- 2 12-16 1- 2 12-19 l- 2 12-10 12-31 12-15 62 7c 12-31 12-15 30c 12-31 Chicago Pneumatic 12-Sl 1-15 15c 12-26 1^-15 12_r,8 12_14 $2 Tool Co., com. Bell Quarterly $5.50 Insurance Exchange General 19 Fund. net 12-24 12-16 19-94 io 12-23 $1 50 "'75c .J oh -i, j. •' 4 1- 4 Genuine 12_18 $1.13 1- •* 2 . , • ! 12-21 International Ocean 12- International Telephone 12-14 pfd. 9 3 12-18 1-15 12-15 1- preferred Inter-Ocean 3 12- 2 1- Class Telegraph 12-11 12-24 12-11 12-24 12-11 57 (The) Co., prior Co.. 12-15 Jacobs 2 12-15 L.) 12-26 12- 9 Johnson. 12-26 12- 9 12-22 12-11 12-22 12-11 1- 1 12-18 1- 2 12-18 1 Common — (Geo. 6 12-23 4 12-16 Kerr Kimberly Kirby Lumber 25c 12-18 11-30 Kittanning 12-18 11-30 2 12-24 Kuppenheimer 12-23 12-11 Larabcrt Co. Lamson 67 Corp. prior 12- 12-19 12-15 12- 7 Leslie Salt 12-15 12- 7 Lewis Welding 77c 12-31 12-18 25c 13- 3 2- Stores 477 12-18 2 8 Co. common.. 1-14 4 12-18 Lowell 1- 4 12-18 Lykens Valley RR. & Coal (s-a) 12-30 12-18 Mackinnon 1-15 12-24 5 7 12-21 12-10 30c :___ < 14c 12-24 12-15 from 16c from investments)— 2- 1 12-31 $1,377 (quar.i—— 2- 1 12-31 $1 (G. 12-31 12-14 4 11-30 2-15 1-18 1$1.25 2- 1 1- 27 7c 1- 2 12-10 20c 1- 4 12-23 20c 1- 4 1 common Co. of iquar.) class A Co. Fire ^ iquar.) (increased 125c M.) 1- $2 & Co., & -Bennett' Mfg. 4 2 12-14 12-18 % ; 12- $1.50 Co.__ $1 & Co. (quar.)__—_ I u-ri < Steel Stock Tubes dividend Co ____„ :__ (quar.) — Steel preferred (quar.i Mallory 47-7 R.) & Marine preierred 57 1* s4 .Md-27 1- 35c 1-2Q 75c 12-30 12-18 2-11 1-14 5% Marion Martel 8 Mascot 5 12-23 12-30 12-22 1- 2 12-29 12-15 12-15 11-30 12-21 12-21 1-14 10c 1- 12-18 12-18 12-18 12-31 1-13 2-15 12-15 12-12 12-18 12-23 95c 12-15 $12.50 $1.25 12-30 1- 2 131.25 1-30 567c 2- 1 1-15 20c 12-31 1- 2 1- 2 1-15 12-18 65c 67 12-18 $1.75 $1.50 1- 2 1- 2 25c 25c 1- 2 1- 2 (quar.)__ Y.) (N. (quar.)__— 77 pfd. (quar.) preferred (quar.) 1-12 12-15 12-10 12-18 12-18 12-18 12-11 12-11 12-18 12-21 75c (quar.) Co. (quar.)— Co. Extra Co. (s-a 1 (year-end)___ 1- 2 12-11 12-11 12-11 30c 12-31 12-11 *c 4c common (quar.) Casualty Sugar 2 12-22 1- 2 1- 5 177c 27c 537c 40c Massawippi Valley RR. Co. McBiyde 177c 120c 20c (quar.) ___— Oil 1 1- (quar.) Trust Corp., preferred Maryland 2- Inc. preferred Power Shovel Mills 1-15 3-15 common - Extra $3 $-18 sr (quar.i. (quar.) (quar. Products. convertible Marshall-Wells, 12-31 12-18 12-18 * Co. Midland Corp., Midland 9 12-31 1- 75c lyear-endi Extra" 4'77 37V2c Co.— Trust Auto Maremont 5 131.25 , convertible preferred Manufacturers Marine Ltd.. Corp., (P. 1- 2 Ltd.— Co., Mahoning Coal RR. Co., common 57 preferred (5-a)__ 1 T Inc.— (quar.i Electric Structural Extra 25c quar.) Co._ Insurance 1- Southwest— the 57 & 12-10 1- 40c 40c —— (quar.) 12-23 55c (quar.i ( 2- 1 12-21 * 40c iquar.) .' Mailman $1.50 <quar% Part3 1 1- Gas 11-30 12-17 12-18 20c Engineering Light 11-30 12-30 40c 2- Electric 12-10 12-15 $1,127 Lindsay Chemical Co.. 77 preferred (quar.) London Hosiery Mills Ltd. class A (quar.i Longines-Wittnauer Watch Co. (quar.) Extra 12-11 12-15 37 7c (quar.) common (quar.) (quar.) & 12-18 1- 2 12-22 20c _ (s-a) Corp., preferred 12-30 $1.50 ! , 110c — 12-15 12-15 12-23 12-10 12-17 50c (s-a) 25c 21c 12-15 1- 2 1-12 12-21 12-31 15c .'___ Co. & of Delaware, 12-31 50c — 1-15 1- 2 37 dividendi__ (stock Inc. preferred 12-15 Lerner 12-15 30c (quar.i— (quar.) $1 1 12-14 1-15 5c Co (B.) 17V2c 17V2c , 12- 7 12-31 25c Co., Electric 12-11 12-30 12-21 $T lannuali Corp 19."3 12-30 12-31 1-2 12-15 25c —. Telephone Hotels 1-15 12-15 1- 5 1-18 15c (extra) (quar.) Emil) (D. 1-15 12-31 1-29 $1.25 (accum.I Inc. Ltd. Corp. 3°c $1 prior pfd. iquar.) Extra 10c (quar.) $5 Corp. Kuhlman —_ 12-15 $1.25 $1.42 — (quar.i Mines. 12-10 10). 8 7 1- 20c (quar.i Inc. 12-16 Knott 12- Co.— Gas Organization, 4 on 8 12-18 10c Lake Klein 12- 28c Natural E.) Kent-Moore 1- 8 12-18 367c (quar.)___. preferred l- 75c 8 12- 8c preferred 12-21 $$i '20c1 8 12- 10c Extra 1i 12- 12-13 25c Co..: (quar.) Kennametal, • 12-18 12-18 Corp.— Kansas-Nebraska 1- ■'•$5 1-4 $1.25 627c iaccum.)__ (quar.) preferred $1.46 12-15 12-18 10c preferred (resumed) Stephens & Shinkle Shoe Steel Kaiser Keith •> 57 Joseph & Feiss Co. 12-22 2 1-15 10c (quar.i Jefferson Electric Co. 5 1- $1 common preferred (F. 2 1- 1 $1 — 1- Lynn Ltd., 12-31 2- $2 1- Inc.— Wares, 1-15 $2 A ________ Interstate $5.65 (quar.) Corp. 12-15 si class Extra 25c Gas and 12-15 1-15 25c Reinsurance Securities $1 011 1-15 1-15 $1.50 (quar.i Telegraph & B.. 12-23 5c (quar.i(special)-: income 12-15 1-29 t$1.75 Extra 2V2C common 12-30 2- of Canada— Co. (quar. 75c — — _ — dividend) 12-15 137V2c $1 (quar.).._ 1-15 1- 4 110c com 1 50c <quar.)__ Ltd., Co. 47* 12-18 t$2 income) Gladding &; McBean Globe Nickel 77 f $1 Milling International Inter-Ocean — pfd. 12-11 12-19 62(2c (quar.i 12-18 126c (quar.i preferred Gilbert .n'3 nouH preferred partic. 12-18 75c —1 conv. 12-18 2 125c 12-31 20c —— com. 1 1- 12-31 120c Powders, 4 "$3 Inc., 12-15 $2 iquar.) Building Corp. Bronze ' 1— 12-15 1-15 20c Extra International 67 1-15 two (s-a) America 4 $2 (quar.)—. gain Brewing, B Germantown 67* North 1- 3c Dec. on (stock preferred Giannini 12-23 ' each for Lines Inter-City Baking Co., Ltd. 12-14 • • of Co. 1- $2.50 (s-ai Ltd Telephone Genesee Class 1-4 Ltd. (resumed! RR. International (quar.i__ preferred 5Vi'fc » 12-28 > 12-15 ' (quar.) Steel 12-21 i Terminal Insurance 50c 1-15 140c ___ Leased RR. 12-18 - 1- 8 120c iquar.1 held Central 4 12-21 1-15 1- A Oil, Husky shares 1 Securities 19-31 12-18 share 1- 12- 12- 8 $1.25 20c I 15c Illinois 2 12-15 4 $2.50 (quar.i 12-18 1- 12-21 12-21 (Cody. Wyo.) (stock dividend) of a new corporation. Cana¬ 4 12-21 12- 12-31 12-31 common preferred 1- 25c 12- 4 Ltd.— class 25c action taken common Co. Reinsurance 12-31 50c Telephone Co.—• Co., preferred 5% 2 B 6.407 12-23 $1.37 7 (quar.) investment General 1- Class 4 A Co. preferred 12-18 5o 12-15 12-15 12- (quar.i 6% Co. & General oj 12-31 12-31 convertible 80c 12-21 12-15 (S-a)___ Co., Hughes-Owens 12-15 (special) investment 19-21 20c ____ 12-10 1-2 12-15 50c — (s-a)__. common 2 $2 — (quar.i Co., preferred $4 class Co., Service, 3oc (quar.)___ Cincinnati & Suburban 12-22 12-14 (quar.i— Law, Co. Oil $1 Co.— 12-23 preferred Scale 57 10 7 — Natural Kentucky preferred 12-16 Co.— (quar.)_ $1 (s-a) held Public <2 (quar.) 7 - — realized 12-2 12-31 50c (quar.) 25c 62 7c " Milling. Machine 12-30 ^_ lil 1- (quar.) (no Crude $4 (quar.) 12-10 preferied 30c General (quar.) 12-31 8 capital Guenther Packing 12- 12-12 12-14 $1.37'2 J.) ______ Material Field Oil 15c Iron Bakeries, $6 real¬ Houston 57. 1-29 1- 10c (N. Corp.____ —______ 5'/27e> 12-22 - —— preferred net Gary 25c (quar.)— meeting B.) 12- 2 12-12 40c (quar.i Baking Hardart <S1 57 its 011 General from 12-27 25c —- pfd. 67 General 1 o_31 1-15 $1.50 common General 12-31 1-15 12-30 & ,__ Extra —_ preferred (D. (From 19-1^ $2 ____ $3 at 12-14 12-12 12'/2c common, iquar.) Bearing 77c (quar.i____ —— Gas Industries {^15 Hotel dian Extra 12-15 \2_l\ Horn 12-15 12-31 Ball 10c Brewing, AA Garlock 12-10 12-31 62.£c 12-17 2 1-10 1- Corp.— Brush Class Fuller agc Co. Products 12-22 $0.0442 (quar.i-—_— — 7Gc conv. pfd. Frito Co., Fuller 0 43c Lumber Molded Hoover One Instrument & Co., Albert 1 Frankfort 12-15 59%c ______—.—. Chicago end 12-15 lr 227c (year-end of 20c income and 23c from 12-16 preferred Husky Oil Co. Convertible (s-ai Year-end $4.50 Inc. 12-23 Co., Ltd.— Frankenmuth Brewing 2-1 (annual) 5% 5c (resumed) Gardner-Denver arrears Year 12-24 1 Non-cum 12-23 2 gains) preferred 12-23 hoc ______ : . — Y.) (N. Galveston-Houston (quar.) 12-23 20c — Transit Co. dividend 12-21 15c 15c Illinois Wallace $3 class A Worth 12^19 12- 9 1- 2 12-15 12T21 40c Co.— Transit, Rapid 10c & 1- 2 12-31 12-21 12-21 12-14 12-147 12-15 12-18 40c <Hawaii)__:— Ltd. Mining Year-end Honolulu Howe 23 '—!! Frank 5qc investment Cincinnati 2 2 / ChThai!°r,?,reat fWe.stern all Co- 'quar.") ^yThis payment clears $3 1- 1- Trust (From investment inc.) Fund, Extra Fort H.l (D. Insurance, 5 1- 1$1 (quar.) ____"_ — Insurance (Ontario) (s-a)^— of Co. tquar.i__.— Co., Ltd. (quar.)__ 12-21 56Uc 25c 150c $1.20 ___ Hosiery Homestake conv. City Ornamental 4% _____ 12-16 iquar.) —- Telephone Forbes 1-11 1- Chicago, Burlington & Quincy RR.__ Chicago Daily News_ . 1 15c (quar.) com. 12-18 12-30 28 7c Special 1-4 — Century Shares . 2- 7 1- 4 __ 12-23 $2 (special) of Pennsylvania Extra Florida 12-17 (quar.) Central West Utility Chicago Mill 2 direc¬ (quar. i 12-18 25c plus of the corporation--First National Bank (N. Y.) (quar.) 12-28 1-27 1-29 __________ 12-30 stock and class A capital stock declared out the net profits and/or available sur¬ of 12-15 basis. 4.75% Holmes 25c Co. 125c 125c preferred 4C2% 12-21- 2 1- 2 1- 2 1- 2 ; $1,37Via Extra c_i.~_.__'.—— its 12-11 2 1-29 _ (quar.) pieferred capital 12-15 1- 140c _ 12-21 ______ Water Co. Boston Paper 1-2 $1 (quar.l-____-___——-_— Products, Ltd 25c (T. H.l Pavement common (quar.i Telephone Co., Chemical 2 First 65c Ltd 1-15 Properties- dividend Finance 50c a on the Investments, Central . 1- 12-15 $1.25 May Holeproof 75c —— ' 12-15 12-24 12-21 1- (quar.i Pillot, 12-21 50c (Frank 1 1-11 :_ ' (quar.)___ common (— <te 10c Extra Fehr 7 2 1-27 the annual meet- split Central Extra 12- 1- j;(|$i.75 . at on to preferred Extra 12-18 t$1.25 (quar.) Products Central Electric net 11-25 15c two-for-one a Canada ized 12-18 Co., Extra 1-15 25c Foods 45c 30c (quar.) preferred Hendershot 50c common Camera 1- 2 12-15 (stock dividend) ——— 5.807 preierred (quar.i E.) preferred 20c Manufacturing & Engineering iquar.) Federation Bank & Trust (N. Y.) (quar.i — 4 15c com. 12-15 (quar.)______•_■_ Extra' 115c , vote held Central 8 12-15 1S1.75 _ 12-16 2 (quar.)___— Farrel-Birmirgham Co. iquar.) 12- 115c lyear-endi. 4 preferred 47* 12-29 75c pfd .(quar.i 11- —-—- Fairbanks Co. 12-21 127c (quar.) 5'/a%■ 1-29 and $2 pari par Life Excelsior 12-31 $2 (quar.) Light proposal Central 12- 2 4% 12-16 Federal 1:25c (quar.i be to tor's y, 1- $1 (s-a) (quar.) & Stockholders will ing 12-26 15c 12-15 4 preferred 4.167* Stock 20c Power 2 1- 2 Co. Estabrooks, Fairmont (year-end 1 conv. Co. 1- (s-a) Co. Associates Fairchild Extra Carolina J.i Co.— (quar.i Elizabethtown 1-20 1- 2 • (Walter 1- (quar.) 30c Empire Trust Co. 5% 36!/4C 12-15 12-15 1-15 2- 1 direc¬ stock Extra Home Steamship Lines (quar.)--— Electronic 2-16 12-11 Corp. Mfg. (H. Heller 12-21 (quar.)___ Special 12-14 12-23 B com. Heinz 5 12- 507 Quarterly 7 12-23 (year-end) com. Capitol Records, Inc. ^ 12-15 30c 1- 127c .....^ 12-18 Association— (no Mfg. Flour Ltd., (quar.) 1 1- 12-31 (quar.) —— (quar.) Electric Storage Battery Co. (year-end)____ Electrical Products Consolidated (Seattle)— 1:5c Ltd., 5% F.l, 107 Racing Preierred — (quar.). preferred Corp., Ltd (C. 12-15 (initial) —_____ A to Dec. common Eastern Ltd.— Industries preferred 5.44 12-18 28 7c class Hathaway RR.—; share plus this dividend). Common 15c Bronze Co., Canadian $2 50 1-15 ..... pfd. 5% Ltd., Admiral Canadian $2.50 12-21 12-18 12-18 , non-cumulative Canadian $5 12-30 1-15 12-18 (quar. i Inc., Haskelite 12-17 15c Co. of Pittsburgh— Industries, Eastern 2 __ $2.60 12-11 12-23 ...I A Burlington County RR. Extra Class 12-18 ... (quar.i 12-17 12-29 pfd. (entire is¬ called for redemption on Dec. 23 at $6 into 50c class common preferred & Cannon 12-11 75c ;_ iquar.)_ to $1 per 12-4 12-18 50c Campbell Red Lake Mines 7% 12-19 Co.— Ltd Co., Racing, Inc., 12-29 —— Company Eastern Co. 12-13 1- 2 1- 4 dividend. 25c dividend Stock 12-14 2-26 1- 2 1- 2 5'- —— be held on Feb. 25 on a proposal to declare a 25% 3-15 12-17 Henke Corp. Metals & Supply Duquesne Brewing Duraloy 12-15 12-23 12-24 12-15 12-15 1- 4 will vote at the annual meet¬ 3-31 ing Y.i (N. (quar.) Insurance Fire Stockholders 77c Park Corlears Liquidating Ducommun 46c : Hartford $16 Paper & 1- 2 50c ptd. $1.60 ____ 12-29 5c Corp. Co. Square Dock Co. $1 Western RR. 5% .pfd. Ltd 12- (extra! Co. Bymart-Tintair, 77 Dry 10c Co. 12-17 12-29 — Brass Cup Co., Mines, 45c —________ Ltd.—__—_______ (annual) _____ Insurance Fire dividend Stock tor's Corp 12-21 ... Burgess-Manning Burlington Steel Harris-Seybold Products Co. (quar.) Theatres 12-15 (quar.i Manufacturing Year-end Camden 12-15 83c preferred Hanover 12-13 —A- 12-30 12-31 option 67c 12-18 —__—,——— Steel Dixie investments at stock¬ on cash or 2 Ltd., Products, 20c Detroit District Corp.— stock Brothers, Buffalo 12-22 35c (Mass.) Trust investment net 1- pfd. (quar.)__ International Bridge 12-21 5% Investing Gurney 9 (quar.i— —-——- (quar.)—— Power $2 Semi-annually 12-31 pfd. (accum. 1 Telephone Co. (quar.i... payable Brooke South Elder __________ Columbia Broad & & Egry Register Co., 5V2V0 preferred Extra Boston 12-21 12-23 3-19 ' 12-17 12-10 12-10 12-10v (quar.)— (quar.)— (B.) Wire Co., Publishing Co. 25c Hillside 12-21 _____ Personal 2 1- 12-17 3-31 25c $3.50 40c $1.60 $2 32t2c 15c $10 140c (s-a)---— —— Aluminum 12-15 1-12 < Quarterly 1- 12-31 12-24 - 1-20 1-20' 25c Greening Guenther 15c 50c — (quar.)— common — 2-19 4 12-18' 12-13 12-17 — 12-16 1- Co. pfd. Mountain 1 12-28 12-28 12-28 12-24 Special 2 25c 12- 4 $1,25 $1.12(2 25c i_:— — .__ Special Green 1- 40c 12-31 12-15 — Co. 3- ■ 12-21 12-31 55c - (D.) $1 Detroit 25c (quar.) Year-end Boston 12-16 dividend)— (stock Oil Co._____^ 1- 2 2- 1 Inc. Boston 12-15 (quar.)— Western Rio Grande 377c (quar.i Corp. 12-17 2 — (extra) 12-31 Development (George W.) Borg 2 1- 75c 12-31 110c - (quar.i Towing non-cum. Green 115c —— 22 7c (extra) A 60c — quar.) — Bonanza 1- 12-31 53c 120c — $1,127 class $1.50 25c 50c ... :___ (increased Extra Bornot, 12-17" 12-21 — Quarterly I'/c Co.— Detroit 12-21 12-22 20c 110c ... <s-a)__ (quar.i 2 (s-a)_ 45c Corp. Co. (extra) (quar.) 60c W.) Laughlin Inc. 1- (quar.i— __________ Detroit 12- 1 1-4 10c A Blackhawk-Perry Bliss 12-10 2-1 1- 4 1- 2 1:25c Ltd., 12-15 _ sue (quar.) Hats, Class Corp. Co. Certificates Derby 4 10c ... ^ Biltmore 12- 57 _ (quar.i Extra Bickford's Inc. 12-19 2 Corp.— Co., common common & Denver of Co. Insurance dividend 1 Co. 2 12-28 . Manuiacturing Voting 12-10 3c —... (increased York New Extra 10c — preferred Lakes Great 1- (quar.)—— RR. Common 12-10 12-21 $4 ....— Ltd. Devices, Bank A— (year-end) 30c Gas Donnacona 12-29 12-29 15c 1 25c .... (quar.) 8 1- class A and class B._ on 1- 1167c 1167c (s-a)_— ___ preferred 50c Fund... Advisers 12-19 iquar.) Dominion 39c (quar.i. Extra Atlas B 12-15 $4 Construction 2 $2 — 30c (quar.) 4 1- 25c Metal 1 1- 2- 1 Engineering Works Steamship Co.— $1 common A Dome : Associated 2- 25c I Common 2- 1 Ltd._____—_______ Toy, 30c (quar.i ____ Forster Securities 4'/2% Electric Co.— Hegeman $1.25 <quar.l__ com. Dayton & Michigan RR., 8% Mfg. Co. (quar.) 12-11 12-18 12-22 12-22 1-29 1-29 12-10 1- 2 12-28 1- 1 3- 1 3- 1 1-2 pfd. (accum.)-- Year-end Art 12-30 (quar. >— Window Glass 57 American class & Cumberland 12-11 Stock Forster, Cummins Engine 12-15 12-11 Co. 12-13 2 655/»c Reynolds Corp. Special 12- 4 12-18 Service 1- . & Extra 4'/a'A com. America, Delaware preferred (annual) Spring of Holly, common (quar.)_ American Corp., Dennison Fire 55c (quar.) Class meeting at Foamite Corp. National Lakes Decker 12-18 American Great (quar.) Co. Class 10. Prance 12-29 Co —_„ & 8% 25c 15c American-La 1-22 5% preferred $3.50 dividend on Lakes Grand 2 7c Extra $6 Great 40c 12-18 12-21 25c (year-endi__ Felt Co., common (quar. i _ Securities European 12-29 — 12-21 12-21 12-11 12-21 12-14 12-31 American 12-28 1-22 iquar.)——_____ 12-31 1-19 12-21 1-1 12-21 1-15 30c 1-15 12-31 $1 30c $1 $1 $2.05 25c 1-29 75c Extra Crum 40c common preferred 120c 12-20 56!/4C (extra)—.___ Y.) (N. 12-10 15c 75c —----- common— (quar.)— Bank National Grace 1-15 preferred 1$ 1.25 Crowley Milncr & Co. (year-end) —— Crown Cork & Seal Co., Inc. (resumed) 1-8 75c Co. Y.) (N. Insurance Shoe 12-21 — Wheat Corp. of Cream 12-19 (quar.i Brake & Corroon 1- 2 (quar.) Alliance Convertible 47 12-28 Batteries, $1.75 — payment postponed on common Cycle Corp.,—__—— 4V'i 'i> Y.J— (N. Ltd., of preferred 1-29 (quar.)_____— American Cable & Radio Corp. <year-endi„_ American Coal Co. of Allegheny County..— American Discount Co. of Georgia (quar.) American American 12-23 (quar.) ————-— Co. (Toronto) Corp. Electric 10% —— (quar.) 6 __ (quar.) Press, Gas Container 4%/ 1- preferred 7% Consumers Cook Gould-National $1 Consolidated Retail Stores, Inc., common. — 4 Golden 12-23 -— Insurance Co. Grocers Consolidated $1.25 dividend Stock 1- 2 1-2 12-31 12-29 12-28 12-18 12-28 , 12-23 6 40c (quar.) iquar.) (quar.) preferred 57% 12- 4 $1.50 25c 67c 130c $1 $1 • — Co. Electric, Amalgamated ^American 5% Inc.,— Products Metal All 12-11 1-15 45c - —- - preferred (quar,)_ Alles 12-11 25c . 1-20 12-15 15c —— common......——— Extra 6% 26c 12-22 12- 5 12- 5 12-15 12- 4 (year-end)_ (Va.) Super Markets Albers preferred $5 12-23 4 —— Life Edison Consolidated Inc. _____ General Consolidated ____________——---—r-r——- Alberene Stone 12-16 6c 15c — (quar.) dividend Stock 12-17 1- 2 Engineering, Connecticut in¬ net __ Works Iron Special 12-31 4 1- :1— Securities & Coghlin (B, J.) Co., Ltd.---—L Combined Enterprises, Ltd., 5% pfd, of Rec. 60c from (quar. vestment income) Alamo Payable 25c (quar.) Co. <quar.)__ Insurance Affiliated Land Cleveland Action 11- 15c (quar.)— 77 Holders When Payable of *«o, 4- 1 3-20- Share Company Globe-Wernicke Co. 67/3C r Monday, December 14, 1953 . Per 8 127 c (quar.) Extra Holders When Share Name of Company Aetna Lambert Mfg. Clayton & Combustion Per — —— Clary Multiplier Corp., com, (quar. >__ 5»/ie% conv. preferred (quar.i.—— reached their ously announced, but which have not yet Admiral Co. Circle Theatre grouped in two separate are indicate all the dividends an¬ nounced during the current week. Then we follow with n second table in which we show the payments previ¬ the first we In 12- 12-15 $1 - Name of Payable of Rec. Share Coiupany Name of . . Holders When Per DIVIDENDS tables. Chronicle The Commercial and Financial (2310) 12*24 12-14 $3 2-1 25c 12-18 12-31 12- 8 19 il \ Volume 178 Number 5281 . The Commercial and Financial Chronicle . . Per Name of Company McColl-Frontenac 4% preferred McGraw (F. Directors • Oil Co., Share . Co., took *$1 pfd. the on :___ (s-al 1-20 Per Name of Company 1- 12-11 2 meeting held Dec. 4) Mfg. Co. common (quar.) preferred (quar.) 25c 2 1- 2 12-21 Radio (initial) Acceptance preferred Bank 60c class A 35c 3772c (quar.) (quar.) of N. Y. (quar.) 65c Extra ____ Common (stock proval of dividend) Mich. Pub. preferred (Subject Serv. to Gas 4.90% Service Line 1-15 (quar.) Bank Murray-Ohio 1 E.) Pipe net in series D com. York payable York preferred (quar.)_'__ $1.75 7- 1 6-15 Extra 7% 2nd preferred (quar.) $1.75 7- 1 6-15 Upper Canada 12-16 7% 1st preferred (quar.)_-_ $1.75 10- 1 9-15 Utah 7% 2hd preferred (quar.) $1.75 10- 1 9-15 50c 1- 2 12-18 Victoreen Ritter 2 12-15 $1.50 5c 6% on 50c _ 13%c 60c income 2 2 12-15 12-10 Russell-Miller 12-24 12-14 St. 12-24 12-14 1 2- 1 12-31 1- 8 1- 8 12-21 1-5 12-8 12-12 Charles 1- 4 and at the Louis St. Louis, Scullin 12-21 A 12- & Seaboard $1.1272 1- 2 12-17 Security 6% 2-15 2-1 25c 1-15 12-21 Sigma 1- 1 12-21 $1.50 1- 2 12-15 Smith-Corona, Inc. Smith, Kline & French 1- Corp.— shares Mail SS. this at this 12-18 net Corp. 1- 2 12-17 5 12-18 J.) Co., 1- 4 12-23 12-19 12-14 20c iquar.)_. (quar.) 3%% Corp. 25c Extra 2- 1 1-16 5 12-28 Standard 12-24 12-10 Class 40c *50c partial Union Co. (partial liquidation Elec. Worcester & preferred Nunn-Bush of RR. Co. Oils & Industries, 12- 9. *50c 1- 2 12- 9 shrs. 10 of held ____ $2 20c Rockland Chemical & Finance 1- Electric, 12-21 Co 12-10 12-23 12-18 1- 2 12-24 12-10 $1 12-24 12-10 12- 30c Ltd., Penman's, 12-23 Co. iquar.) Extra 2- 12-22 12-10 12-22 7% 11-30 2- 1 1- 2 $1 -50 1- 2 1- 50c _____— (quar.) $1.25, $1.1272 :—— preferred (quar.), •. Penobscot Chemical Fibre, voting, common— Non-voting Co. 12-16 2 12-16 1- 2 _, Stein Year-end Philadelphia :___ Fund 12-28 12-10 12-30 50c 12-30 Philadelphia Suburban Transportation— Phillips Screw Phoenix Insurance Pittsburgh & Co. iquar.) Planters Nut Polaroid Corp. Chocolate & Jan. on proposal to declare Pollock's Inc. (quar.) Extra Thor Timely Toronto $1 12-23 12-16 28 on 50% a 12-15 a stk. Porter-Cable 2 12-15 5% Machine (H. K.) Co., preferred Prophet Extra General & Gamble (Fred B.) 1 Inc. tPa.l Electric com. iquar.)_ Co., 8% Co. — Co. 12-14 12-14 Class $1 12-31 12-14 $2 12-31 12-14 pfd. A B 4'/2% Trico — 12-31 1-15 12-15 12-15 12-15 .,12-31 : 1- 2 12-18 12-24 12-16 12-24 12-16 1-31 1- $2 1-11 5 12;23 40c 1-15 12-17 $1.25 1-15 12-17 25c 12-28 12-18 1- old 4 12-18 12-31 *4c 12-15 no or 12-30 12-18 preferred 12-21 Tii-Continental 12-21 ' preferred 12- 7 12-15 12- 7 2% 12-21 3-15 2-15 10c 12-31 12-10 Corp. (stock divid.) Pipeline (quar.) 12-31 40c —__ 12-18 25c A 4 12-18 1- 4 12-16 *26c (quar.t_ 1- *20c (quar.) 1- 4 12-16 *20c 1- 4 12-16 *20c 1- 4 12-16 *$1.25 1- 2 12-15 *25c 1- 2 12-15 _____ Co 8772c — 1-11 1- 2 Corp., TrUhz, 12-15 Tube Reducing Corp. Tunnel RR. of St. Louis 12-31 12-21 2 12-23 12-15 (quar.) Co. 51c is-a) 1 Y.) 1- <2'i 1'- 1/150 c- 10c $3 ___ 4' 12-10 1-14 12-18 12-21 12-14 50c 12-21 12-14 20c 2-1 1-2 10c 2-1 1-2 31'Ac 2-1 1-2 (quar.). 37V2c 2-1 1-2 give the dividends announced in previous) The list does not include divi¬ Laboratories, this these being week, given in the When Share (quar.) common Power Common $1.50 5% & (increased quar.) (quar.)_ Sugar Electric Acme Industries, Corp. of Co. (67c 5% Mfg. Co. Corp. Casualty net .12-10 *$1.25 10c 107« 12-15 11-20 12-21 12- 4 12-15 12- 1 $1.20 12-17 12- 2 1-10 12-15 75c 1-9 12-17 (quar.)— 12-15 12- 1 15c 12-15 12- 1 12-15 12-1 Surety (quar.)—— Co. 6272c 1- 2 12-11 —— 50c - 10c preferred 1_ (quar.) Agricultural Insurance Co. (Watertown, N. Y.) Ainoeig .bearing Co., Class A (quar.) Radio Products, Akron Brass Alabama Manufacturing Southern Great 11-10 12-15 11-10 12-21 preferred— 35c 3174C Alan Alexander Stock common (quar.)_ Allegheny Allen Allied 1- 5 12-24 12- 4 12-24 12- 1- 2 12-11 1- 2 12-11 — 35c $1.25 3772c $1.067» 12-15 1- 1 12-31 1- 2 12-10 12-10 Corp., preferred tquar.) Western Ry, guaranteed 12-15 11-30 12-30 12- 4 12- 4 $1.09% $3 12-15 1-2 12-15 12-31 is-a) Inc. Alum'num Co. of 12- 5 50c (quar.) Allied Stores Corp., com. (quar.) Allis-Chalmers Mfg. Co, common (quar.) 12-30 12-16 12-30 12-1(> 1-20 $1 12-21 12-23 75c 11-25 America „ $3.75 12-31 15c 12- 4 12-21 12- 1 12- 5 40c Corp. '»4.^ - 12-15 12-30 (quar.) & Products 12- 2 20c 30c com. iquar.) Laboratories, Inc. (quar.) Extra 4 50c $1.50 Ltd.. Steel Extra Allied 12-21 12- 4 12-18 10-12 1- S4 dividend Industries 2 yl2-14 1- 2 2% Baldwin. & 1——-— (quar.)_______.——i Ludium 12-19 $1.15 57* preferred (quar.)— Alden's, Inc., common (quar.)_ preferred 12-15 $1.05 (quar.) iquar.) Steel Co., Wood 12- 4 2 1-2 10c — ordinary—_ participating preferred Alabama Power Co., 4.207* pfd. preferred 11-30 $4 Co.— RR., 6% 4.607* 1- 5c 83Ac _ convertible 5% 12-15 12-15 40c common_______ Corp., Airtex 12-11 37VsC dividend Aircraft 12-11 12-11 2 75c Engineering Co. (quar.) Equipment, Inc., com. (quar.) Gas 2 1- 2 1- 2% Aetna-Standard Stock 1- 506 25c (quar.) _____ Affiliated 1 25c — Bearing Co., com. (quar.) (quar.) & 1- in¬ — Corp. Extra $3 2 (quar.) (quar.), pfd. 12- 1 12- 12-10 realized : Ball & Roller conv. Aetna from 53c Addressograph-Multigraph Aerovox 2 1- 2 15c ordinary and year D.) 1- 1- 2 the representing gains) (J. 9 *30c (quar.)__dividend).— (stock undistributed the 9 12- *30c *37720 *1272c : common Inc. Express for com. (quar.) Acme Aetna Ltd., ; capital 12- 2 25c — Refineries, A preferred 2 1- Paper— preferred Adams 3 2-9 1- $1 (quar.) Acadia-Atlantic Class 1-2 5c preferred Abitibi Holdern Pvyable of Reo. 45c Extra 4% , „ Co. of 12-10 93%c 1-2-54 *25c *$1.31 25c 3-1 3-1 2-5 2- 5 50c preferred Aluminum 12-18 1-29 12- 1 1-11 1- 2 1- 2 12-21 12-15 (quar.) 75c 35c 75c (quar.)__ 30c 1- 5 1- 5 1- 5 12-16 12-18 12-16 iquar.) Canada, Ltd.— 4% preferred (quar.) 574% 2nd preferred (quar.). Aluminum Goods Manufacturing Co Amalgamated Leather Cos, Inc. 67* conv. preferred (quar.) Amalgamated Sugar Co. iquar.) American Agricultural Chemical ,• 12-18 iil2-17 7 42-11., l- 2r; , 12- 8 12-15 American 5% — $7 Filter Co, com. 1834c $1.75 preferred (quar.) preferred (quar.) American ,6% Air conv. Bank Note Co, Book American Bosch i'ir'4 1- 2 12-16 5Vo 50c 1- 2 12-16 572% preferred 2nd Co. 5% 12- 7 20c 1- 2 12- 7 1- 2 12- 7 50c 1- 4 12-22 $1.25 $1.25 68%c 1- 2 1- 2 1- 2 12-18 12-18 12-18 (reduced) (extra)——. Corp, * 1^"1£ 75c common P^erred ((.quar.) American S2 iquar.)_ 4 12-14 25c tquar.) Name of Company Abbott 1-15 25c — (N. y: , — 12-15 12-26, $1.50 _T_rcr,— 1212- 6 12-15 iyear-end)_ uj 7'liC 1- 62 72c Iiid Underwriters Trust 12-15 , 12-15 Udylite 12-15 2 $1.1272 common 12-31 12-21 2 1- iquar.) 2 12-23 1- *60c iquar.) 1-15 * 60c — (increased) (quar.) 8 1- 6 1- 10c 25c Extra (s-a) Ltd.— "increased) 1-15 Corp. 12-15 12-15 $1.75 — , 12-26 (quar.) we 4.37V2V0 2 $2 iquar.)—___ class Co. 12- 15c (quar.) announced Allegheny 12-30 Corp. 12-31 dends 12-18 1- 10c 1_ Ltd., 54c weeks and not yet paid. 4'A% 12-30 the on 12-16 25c common Products Special 12-30 12-30 common l 20c in¬ option ___; Below 12-15 Corp., $2 — 12-15 1-15 12-31 25c T common 4 $tj 12-24 7a c 87 72 c ___ iquar.) 15c (quar.) iquar.) 12-12 $1 preferred 4 1- 2 Corp.— 1- 12-31 1- Gas Inc. Finance 1- 75c 12-12 20c ._> ■ prior Class 12-31 62V2c 2 65c (quar.i Mines 12-31 45c iquar.) 7 1- 25c — 5c (quar.)— 12- 12-22 common..— Works, 37V2C iquar.) . Portland Procter . ____ 7 2 5 7 old 1-22 on common preferred preferred Extra (s-a) on 11-30 income gains or at the : Aetna Life Insurance Co. : $1.75 10c iquar.) 12- 11- 12-21 iquar.) Mortgage Traders _ Tool Iron Extra 20c preferred 1 iquar.) Clothes, Towne 1- 7 $1.75 — Extra 20c Extra Porter Power Toronto dividend. 12- Products & Chemical Corp.— Common director's 2 1- 30c Extra 12-17 7 from (quar.)___ common par of new Mills 12-18 (quar.) non-cum. the Gas Transmission 12-14 12- 10c iquar.). payment $1 new year-end preferred 12-14 — Participating on (50c Natural Port Huron Sulphite & Paper Co.— Common 8% Inc. Illinois 2 12-18 12-21 5% — (quar.)__ pfd. 1 no —— balance 5% Ltd. Textile 1- . investment Co. 2- stock (year-end) Corrugating come ($1.44 Corp. Corp., Texas 12-31 2 pay¬ _: (quar.). Texas 50c 12-18 12-18 1- 10% 12-15 special meeting 2 2 iquar.) Terry Steam Turbine, common I'M preferred (quar.) 2 a 12-18 1- (year-end 1 America. of on 1-15 iquar.) at 12-28 1- — Calif, of 12-31 12 72c will vote held be Co. 25c or 10c 85c (quar.) Stockholders par Plus—A $1.50 _____ 2-17 12-18 25c ___. : iquar.) 12-15 1 75c — 2 1- 3- 12-28 40c 20c from 3'/a% 1- 12-28 12-31 35 72C ;__ iquar.) 1-11 8c 12-18 (year-end) Inc., Industries, (quar.) (quar.) Erie RR. Pittsfield Coal Gas Co. $2.50 tquar.) 2 (quar.)._______ 6272c Co. Lake till.) Petroleum Co. Texas (quar.) Philadelphia & Trenton RR. Co. 1- dividend Technicolor, 12-15 12-15 5c 20c dividend) Corp. 56c took com. cash) Extra 12-15 12-18 35 72c tquar.)____ Engineering & Oil Tennessee 100% . investment inc. and 40c from realized profits from sales of securities)— preferred Sweets 12-28 from 1 2 dividend) com. time the Extra Adams Lithograph Drug, Switson 1-12 A and Extra 12-15 12-22 1- I initial) Investment preference 12-18 Inc.— dividend Stock 5 7/ 8 75c — 12-11 1- (quar.»___ (stock 50c realized H) Co. Zeller's, Ltd., 12-14 12-22 20c Supertest 1-2 12-28 12-28 12 V2 c iquar.) common 12-10 Corp.— Per — on 12-lf preceding table. 40c Superior 1- 75c _____ Perry-Fay Co 45c 25c common (stock Inc., Corp. Extra •' 12-18 1-12 12-15 12-19 $2 (A.) 8 1-12 12-18 2 1-15 25c Shake Sterling 1- 25c —_— 1- 12-31 ;— Co., 17-31 for net __i_— Corp. Sunbeam 12-16 15c (quar.)__ Extra 4 20C Co. Co. common Products 15c — from Extra 15c Co.—. 12- 25c gains n 25c common Publishing 2 1- 12-15 12-31 1-15 4 $48c _ Extra Steel 12-15 1- 12- $1.3772 action no preference Stock (quar.) 12-16 12-15 Corp.— common Street Steak 4 12-15 took Stecher-Traung Pennsylvania Water & Power Co.— preferred 6'/o 12-29 York 12-25' 1- 4 (one stock common Co._ (Consider 5% income) 12-10 1- 50c — — Common 12-16 20c 5V2C and Service Mfg. Warner capital 12-10 4 12-11 1 $ 1.50 (quar.i _____ (initial) iquar.)_: Securities, State 1-15 12-18 75c 7'/2c _______ pfd. State 12-11 1 12-26 $1 iquar.) 6% C.) (J. 12-29 75c Paper Non-voting 3 50c $1.25 iquar.i_— Extra $3 preferred (quar.) Metal Products 12-17 (quar.) Telephone preferred Stanley 12-15 25c (quar.).__ Peninsular 5 Common 12-10 — (quar.) common 1- Common 12-14 S2 Pemco Corp., preferred (year-end) Voting 12-18 ______ ________ pfd. 5% Corp. E Directors 12-10 12-21 30c common Fertilizer Corp., Pictures Paramount 12-28 ment at meeting held on Dec. 8. Stanley Home Products— 12-18 20c l (quar.)——_— Inc.: Pacific 12-15 2 50c (quar.)__________ Co.. Pacific 1- 75c _• (extra) Brush 12-21 8 50c preferred 1-21 25c __—___—_____ Extra Industries 1-27 50c iquar.) Standard-Thomson .___ Insurance Co. 12-15 Extra Co.,— common 12-15 30c Dredging, $1.60 preferred (quar.) Holding Corp., class A (year-end) Standard 6% (extrai__ 75c partic. preferred Colony share 1 <quar.i__ Shoe 2 Southeastern liquidating) each for com. 1- 1 12- 12-26 25c dividend) 12-16 1- 4 75c (quar.) 12-31 12-31 $1.50 is-a) com. 15c Wilson-Jones 12-10 (quar.) Co. in stock in 12-101 12-29 $1.75 second net 12-16 2 25c (stock the Balke Willctt 12-30 1- 75c Co., payment for a from 1 *20c 1 Standard 1- — American Labs, 12-21 Extra 5c security profits)-. Co., common..— Public for on 28c Whitney $1 15c 12-31 held) stockholders 60c _____ Corp.__ 12-14» 12-18 25c $1.20 (quar.) Whitehall Fund (26c from investment of 12- 12-18 iquar.) and 12-10 1- 2 ■ Sewing Machine prior pref. vestments payable 10c income shares 10 White 12-18 12-17 12-18 62Vic ! Ry. Products 12-18 12-15 $2.80 Fiber 1-11 1- 12-14 12-18 1 1- Co.— Surety Timber 12-24 4 — 75c 12-14 9 4 2 1- 20c Telegraph ^40c (quar.) preferred 10c ___ 12-19 5'/2% 93%c (quar.) 12- 12-19 12- 12-31 15c $1.75 *$1.75 Penn. i30c 50c Telephone Southeastern (quar.)____ pfd. 35c gains (special) Paper :_____ (J. Steel Ltd., of action iquar.) investment Sorg 9 and New realized Co.— 12- 12-18 Corp.— (s-a)_ Union Directors income England Telephone Co Sovereign Investors, Inc. (quar.) 14V2C from 1- Weyerhaeuser $2 _!___ Southeastern 35c 12-17 55c Tools Somcrville, $1.25 12-29 each Mining Corp.Ltd. (Quebec) Mines, 12-28 (quar.) & preferred Western 12-22 Gas 12-15 1-21 50c (initial) Y. N. 12-17 12-19 <te Electric 12-29 83c :_____ & 1- 2 27c (quar.) Steel Foundry Co. (s-a) common 57c Stock Der.n Southern L Service Magazine Oil New 12-18 and income gains Common Extra time. Mining 12-15 35c class B 25c (quar.) Assurance share Extra Co.— Rosario 5 (annual) ._. Snap-On past :__ Water Co., Shamrock 12-17 1-15 25c (accum.) Securities Extra 12-15 dividend a (quar.) Honduras Shaler > held declare to 2 50c meeting not preferred Shattuck 12-26 12-15 1- 25c 2 (Del.)— 12-18 $2 Year-end 4% Co; 12-23 $1.15 Niagara Share Corp. (year-end) Niagara Wire Weaving Co., Ltd to Banknote 2-15 RR.__ a net capital Y.) 12-21 <year-end) Western Casualty 1- $3 Airlines ( N. 12-15 (quar;) Michigan 40c capital 12-18 (quar.)__ Western 2. $1.1272 pfd. West 12-15 1- 37Vic __ 12-15 12-21 1.18% 12-25 Association— iquar.) 12-21 Western Western 20c (quar.) income preferred Western 12-28 1 earned $1 (quar.) 7% 4 from 12-10 Kootenay Power & Light, Ltd.— 12-15 4 12 72c $1 From West 12-28 2 1- Clark 12-29 (stock dividend).. Investing 1-15 1- 35c 12-18 J4c Steel 1- $2.25 (quar.) Surety 2- 12-28 Street 2 realized Seaboard 12-17 _ 1-15 3772C Wall 1-15 60c (quar.) 12-15 1- 10c Special 5% from 8 2 Selected Instrument Crucible 1.0674 & 1- _ 12-15 7 1- 1.1272 : Co. Baking Corp., common preferred (quar.) Walker & Co., class A (quar.) (quar.)__^ realized 1-12 — Insurance $4 voting trust ctfs. of from 12-18 12-29 Ltd Mines, Fire 60c 50c ; 12-31 10% Co ehd year 48c 12-11 12-29 77c ___1_______ 17 Vac 12-26 12-15 Scudder, Stevens & Clark Fund— 12-10 12-28 35C ^ Wagner 12-31 Bridge, 6% preferred (s-a) Rocky Mountain &r Pacific Co & Co., common (quar.)__; Steel t Vulcan 12-19 18%c pfd. (s-a) Fund, Inc.— A year end of 17V2c from net ______ 12-19 12-29 Schuster (Ed) 33c 1 Co., common Yorker Permutit Hotel, 25c J Utility Appliance $1, preferred 12-29 .-_ St. stock- iquar.) 4V^% Milling, 12-21 \ pfd.__ Inc. <quar.)_ Cyclops Steel Corp. (.quar.): Home 107* div.) (quar.) Extra 11-27 12-18 (stock com. preferred 12-31 45c " 2nd conv. Utilities, 50c D.) 1- investments on (resumed) Omnibus Cuba York (10c (Geo. Scudder-Stevens Electric & preferred Penton convertible 1- 2- Refining,- Year-end (quar.). Co. at York $4.50 & United $1.25 Corp. (stock dividend) Royal Typewriter Co., Inc., common 4'/2% preferred (quar.)___! or 50c Year-end $5 Oil 4'V4% ; preferred 434% preferred fquar.)_ common Power City the Penney Roosevelt 12-31 12-14 '-J* (quar.) Co., common (quar.)__ preferred (quar.)_: _• 5% 12-21 30c 50c Corp.— non-cum. 1st 1- (quar.) decided & Stores $4.20 7% in _ 1 Co., Central Directors Fibre 12-15 12-16 12-15 Co common preferred Process New 4% 12-17 12-21 12-15 _ (quar.)L__ preferred New Ox 2 2 1-2 4Gc Gas conv. Orange 11- 12-26 12-15 ___ England Olin v Extra Co. 1-15 United 15c $1.75 . (quar.) Universal Brothers 12-14 87%rc 1-20 12-17 3-15 Richman 12-11 12-17 1 3-15 12-15 12-28 $11 2- 12-15 12-15 $4.10 12-31 1 2 (year-end) Foreign Securities Corp. & 2 2 3-15 2nd 1 1- 1 International Securities Corp.— preferred (accum.) U. S. Smelting Refining & Mining Co.— 7.% preferred (quar.) & S. 1- 1- 4- U. 4- 12-31 $1 U. 4- 2 . Old 1st preferred 1-4 1-4 ____i— (quar.)— 1-20 $1.75 $4 iquar.) elects cash or Co., preferred Norwich (s-a) preference 7% Inc., 2-1 3-15 1-15 10c 11-10 2-1 1 12-15 common_____ 12-14 4- 1 50c Inc,~ 12-11 1-12 25c 1 S. 2 (quar.) common 2- $1.75 22 7ac stock) gains Co. England 8% convertible preferred $5 1-12 1- 62V2c 2- (quar.)_ 50c Common (2nd 12-23 1 37V2C 25c (quar.)___. 2- $0,055 $1.25 - class B $4 $1.75 2 Extra North 20c (quar.) Co., (quar.) 50c Mfg. Co. Meter Newport 12-21 Finishing (quar.)_. (Hawaii)— stock Tool Neptune Newberry 12-24 1 $75c iquar.) S. U. 12-22 2- (quar.) com." (quar.) Machinery (quar.)_L 2 :_ investment & National New 12-21 12-14 12-31 15c deposit rets for ord. regis Shoe preferred preferred 567»c receive realized Tile 5.60% 12-28 - 12-24 Ltd.— series 6% preferred 1- (quar.)^___ (year-end Co. preferred & 25c Amer. United 12-15 preferred 1- Line_ Haven) Brothers Supply week 2 preferred 1st 1- holders option 4.60% 1- 14c Laboratories, Rice-Stix, 3-15 12-15 75c 25c A— A United Molasses, Ltd.— 5 1 __i A 5 1- 1-25 4- $1.50 i (s-a) Mills, Inc. Co., 1- 1-25 20c common preferred Roper stockholder to & net payable 4Vi% 25c 877ac (quar.)__ 6% 1- 2 J 25c 2nd 20c Erie Corp. Investors Corp.— from $2.40 12-22 i.quar.) Hol&M Payable of Ret U5c iquar.) _: class Tool (quar.) B 2nd $1.2272 (quar.) preferred (F. 472% 1-20 Co. United Fuel Investments, 7% $1.12 72 (quar.) the Dec. National $1.50 preferred iPa.) preferred 25c ___ of America, Mutual Telephone National 12-22 common 1st Co._ Corp., 2272c (quar.l_.___ (New Corp. unless from Co. (C. A.) 30c 1-20 7% 10% Mfg. Shares National 35c 12-15 20c ^ ______J National Class 10) 12-21 *$1.1272 Gas Extra 5%% America, & 50c * - Morris Plan Corp. $2.25 preferred before United Drill payment Drill 7% (quar.) divideno cash com. 011 60c pref. Bag & Paper Corp. 12-31 10c Mutual Union 12-31 Knitting Co., Ltd.— Stock Gas Reeves-Ely 1-15 1 12-14 4. Pump 5% RR. (quar.) Corp. Morris Plan New 12-16 12-18 12-31 20c Marie (quar.) Montana-Wyoming New Reece 12-28 1 (quar.) com. iquar.) pref. on Reda 12-16 12-31 Union Acceptance, Ltd. 15c preferred ~4'/u% of Silk Hosiery 12-18 2- (quar.) (quar.) com. preferred Monarch Y. Real 12-30 2- Extra N. 12-18 $2 (quar.) Petroleum 4;.50% action convertible Reading 12-28 3% 12-10 Union Twist no Share 12-24 50c preferred Mohawk New 12-30 $1.10 Mississippi Valley Barge Mississippi Valley Gas Co. New 12-18 $1.2272 & Sault Ste. Mississippi Glass Co., New 2 ap¬ Commission) Resumed - 1- Reed (quar.) Minneapolis-St. Paul (13c $3.50 Co.— 4.90% preferred (quar.) Middle States Telephone (111.) Myers 12-18 Name of Company $2.50 (quar.) .'.Extra 2 5c Extra Michigan Gas & Electric Mobile 12-18 1- 25c (quar.) Corp. 12-29 50c Meredith Publishing Co. 4% RR. _ common 4.40% Worester When Per Holdert Payable ol Ret 8c (quar.) at meeting held on Dec. Quaker Oats Co., common 6% preferred (quar.) 12-21 Dredging Co.— Merchants Merchants 1- $1.0674 ______ McWilliams $1.50 Co. (Directors took class A payments at New & When Share Pyrene Mfg. Co.— and com. McQuay-Norris 47»% Gas Providence 12-31 75c ' $1.50 action no Holder* Providence (quar.) H.) When Payable of Rec. Ltd.— 15 (2311) pfd. A (quar.)__ B (quar.) preferred (quar.) ■ } 16 Name of Company (quar.) Certincates of interest preferred 25c American — 12-21 Arvin 12-21 11-25 Asbestos Car & Foundry (quar.) 1-2-54 75c 4-1-54 3-12 $1.75 7% (quar.) preferred preferred non-cum. 7% non-cum. - — (auar.i 1-2-54 12-11 Extra Extra 12- 5 50c 5 12-15 12- 1 Class A, 12-15 12- 1 Class A $1.50 12-31 12-15 Associated Transport, Inc., 6% 25c 1- .8 12-18 Associates 1- 2 12-10 Atchison, 1- 2 12-10 30c $1.12 Vi ——-—■ American Refining Atlantic Felt Co., 12-10 Extra 12-22 12- (Del.) American Insulator American International senting the (37c Corp. 12-15 20c repre¬ 30c $1.00 12-18 2 12-18 2 12-18 Avondale 12- 8 11-25 1- (quar.) .__—.■—-—_ Machine & Foundry— preferred Metals & 1-15 12-22 12- 8 12-22 12- 8 12-31 12-14 —- 10% preferred (quar.) Co. dividend Stock 12-14 11-23 5% 12-14 11-16 (quar,)——— American Metal Meter Co., Inc. Finance, National American 12-31 12-15 12- 1 $1 12-15 12- 1 $3 12-15 12- 1 preferred (s-a;__ —-Optical Co. (quar.) _ American Potash & Chemical Class A (quar.) $6 B Class (quar.) 50c 12-15 12- 50c 12-15 12- I $1 12-15 12- 1 $1.183/4 12-15 — ___ $4 pfd. (quar.) pfd. (quar.) $4.75 _• Common Co. (quar.) Y.) (N. Extra American American American 7% preferred American 6% Corp. (quar.) common Common 7% 12- 3 2 12- 3 1- 2 12-10 Beatrice 1- 2 11-30 1- 2 11-30 1- 2 12-11 (s-a) 12-11 Beatty 2 12-11 Co., American Tobacco American Vitrified American Woolen $4 6% 12-15 Class 1- 2 11-30 Class 1- 2 (quar.) Paper Corp. Writing (quar.)_ 12-15 12- 12-26 12-11 12-26 12-11 - Extra American Lead Zinc, Common (quar.) Wire Anaconda Anchor Post (quar.) Co. Cable Products, Inc. 2- $1.25 1- 8 12-18 12-23 12- 4 $1.75 (year-end) 12-31 12-15 12- 3 1- 4 dividend Oil (quar.). ___ Pulp & Paper Mills, (initial quar.) Anglo-Huronian, Ltd. (s-a) Anglo-Canadian $2.80 preferred 12-22 12-17 Benrus 12-17 Bessemer 7 12-15 1-20 12-30 1-26 12-22 1, to nual meeting Dec. 21) ;. Anglo-Newfoundland Development Co., Ltd.— Corp. Anaostura-Wupperman (qjar.)__ 1- 4 12-26 7>/2c 5 12- 4 12-15 12- 4 7% preferred prior Arcade Cotton Common Mills, Arkansas-Missouri 5 V2 % 6% preferred preferred $7 preferred Gas Co. 12-15 (initial) 12-15 1-15 12-29 12 Vac 12-15 11-30 27'/2 (quar.) Light Co., $6 pfd. (quar.) (quar.) c 12-15 11-30 34 %c com. (quar.)_ Gas 12-22 12-15 11-30 37 Vic Power Western 12-22 12-15 $1.50 $1.75 Co. (quar.)_____ 20c 1- 2 1- 2 12-19 11-30 12-15 12-15 12- 5 $3.75 $4 Cork Co., pfd. pfd. 4% % B Bismarck Arnold Hoffman Equipment 12- 3 12-15 12- 1 12-L5»'-/12- 1 preferred Corp. & (quar.) : Foundry to pfd. Calif. of Mfg. Co. Co. (quar.) (quar.) 12-11 Bohn 2 12 41 59%c 1- 12-17 12-4 25c 11-27 11-23 Corp. 30c 1-15 1- 2 12-15 1'12-15 12-15 2- 12- 1- $4.25 11-30 1- 2 11-30 2 11-30 Class 12-22 12- 12-15 1-15 12-31 12- 3 1-16 12- 3 . 12-29 12-29 12-15 12-14 II-30 12- 3 12-15 12- 1 1-11 12- 1 (quar.)____ 50c $1.75 50c 30c 1- 2 1- 2 1- 2 12-31 12-30 12-22 4 12-21 12-10 62V2C 30c Co. Corp. 12-15 12-15 12-23 12- 1 12- 8 1- 11- 2 2 12-24 12-16 11-16 12-16 11-16 75c 35c (increased) 12-24 1-15 12-17 12-12 1- 2 12- 7 8 12-24 15c (quar.) 20c 1- (H. C.) prior Aluminum Stores, Co., & Inc. Brass com. Co. 3y2% $1.37V2 Corp. (increased). 20c — Club, Inc.4quar.) common (quar.) 35c 25c (quar.)__ 25c [ (year-end), Corp., preferred Borg-Warner 25c 37V2C (quar.) (quar.) Bonneville^". Ltd. \Book-of-the-Month (quar.) (N. C.) Inc., preferred (extra) 12-24 12-15 12-15 12- 5 1- 2,r 12-15 12-1^/ 12- 1 12-14,12- 4 12-18-r 12-3 $1 1- 2 12-19 $1 12-21 87V2c 1- 2 12-16 12- 2 12- 2 12-10 Co. Assurance Malting Northern Canada Land Permanent Canada Southern Starch Power (quar.)_ Corp., Mortgage Ltd. (quar.) Ltd. (quar.)_ Corp. (s/a) Co., ; 2-1 1-11 12-15 1- 2 12-31 11-20 (reduced) f$1.25 £50c t30c 12-10 12- 4 Celanese, Ltd., common f25c 143%c 12-31 12-31 12-4 12-4 +$1.12'/2 $$2 1- 2 1- 2 12- 8 12-15 1- 2 12-15 t20c t$1.25 1- 2 12-22 12-16 12- 8 preferred (quar.) preferred (quar.) Products, ___ ; Co., Canadian preferred Canadian Silk (quar.)__ Westinghouse class Mills (quar.) (quar.)_ (quar.) A Co. ___ common (quar.) (quar.) Industries. Ltd., 5% "B" Capital City Products Capital Transit Co. . $$1.12Vi 1-15-54 (quar.) Products, Ltd. A com. Co., Ltd. Canadian Wirebound Boxes, Ltd.— Common 11-30 Ltd.— (quar.) Ingersoll Rand Co., Ltd. Refractories, Ltd.— Canadian 11-30 '' .- (quar.). : Machine Ice 1- 2 Ltd. (quar.) Electric Co. Extra A 12-21 12- 7 $1.75 Canadian 1-25 1- 2 2 1 11-27 11-30 (quar.). Canadian preferred General tl5c t60c t$ 1.50 12-21 (quar.) 4V2% 11-16 12-18 12-15 12-28 12- 7 +$4 Ltd. Ltd. Canadian 11-13 12-15 12-15 1- 2 12-15 12-15 5% Canners, Food 12-15 $83 Lines, end Canadian 12- : 1 12-15 12-10 12-10 11-13 $$1.25 $$1 $75c t25c J32c pfd. (s-a)___ Canada Wire & Cable Co., Ltd., cl. A (quar.) Class B (quar.) Canadian Breweries, Ltd. (interim) Bronze 12-28 12-28 t$l (s-a) ; Steamship Canadian 12- 2 1- 2 1- 2 Ltd.— Co., Railway Co., Extra 12- 2 12-18 f25c f 15c J50c (s-a) Liquidating Canada 12- 2 12- 2 12-18 J30c |75c (quar.)_ (quar.) Ltd. Co., West North 12-17 12-17 $$1 Foundries, Special Canvar 12- 1 12- 7 12- 7 f50c Machinery Corp., Ltd. $1.50 11-20 1- 2 1- 2 1- 2 t$1.40 Ltd. Life Cannon 12-21 t50c Canada 4V2% 12-11 f$1.50 ;___ Iron $1 12-11 1-2 f37'/2c (quar.) Class Co.— (quar.) Chemical 2 12-29 12-11 12-21 Ltd.— Forgings, Canada Year 12-21 $1.06'A (quar.j___ B Canada 12-15 12- 9 12-18 15c (quar.)_ com. Canadian 2 V2 % Tobacco & Canada 12-15 12- Inc., Extra 12-17 1- 1 12-23 1- 2 Stone— Foundries A Canada 12-15 12- 4 t$1.50 (quar.)__. Cut & (quar.) Canada 12- 4 12-26 Ltd. Canada 1 12-10 12-26 12- 1 12- 1 t62V2c (quar.) B Extra 12-16 1-2 Inc. Extra „1- 2 12- 12- 1 12- 1 f32V2c pref. 5% preferred Class 4 II-27 1- 2 Bakeries, preference Canada 3-10 12-21 1- Ltd. Co., preferred (quar.) Canada Dry Ginger Ale, 12-10 1 12-21 12-15 12-15 12-15 12-15 34%c 30c (quar.) 6% 1- 12-15 12-15 12- 1 621/2c (quar.) pfd. conv. Crushed $1.30 4- 12- Cement Co., Canada 3-10 1- 2 1- 2 12-21 20c Bread Canada 12-10 12-14 20c 5'/2% (quar.) Taggart Associated Canada 4- 12-21 1- 2 15c (quar.) Extra 9 12-12 .1-11 55c Quarterly 1 I- 1 1- 2 12-19 27c Co., common (A. S.) Campbell 1- $1.06 Vi (quar.) Ridge Insurance Borden (quar.)__ 1- 12- 8 12- 8 12- 8 12- 8 12-10 27'/2c quar.) preferred Canadian Bond 12Vic- 12-15 50c 35c (quar.) (Phila.), 5% preferred Co. (quar.) Diamond 5V2% 12-11 1- $3 (annual) Co. preferred Bohack 12-31" 12-15 approval) Hotel Brothers Blockson 12-15 Cor¬ dividend Stock 12- 1- 5% (quar.) Machine '(quar.) & Blaw-Knox 12-31 1 $2.50 Co., Forge Campbell 1 12- 8 12-18 12-18 12-18 12-18 15c Camden 11-30 12-18 35c 25c (quar.) com. Extra 12-15 12-10 11-16 12- 8 10% Utilities, Pacific Calumet & Hecla, Inc. Co.— dividend) Commissioner (stock preferred Blauner's 50c 2 50c Cement & (quar.) Co. Decker & 4.25% Blue 2 I- 1- ZV/^c 5% : dividend) Black Sivalls & Bryson, com. (increased) Blackstone Valley Gas & Electric— 50c Co., class A convertible Constable 12-18 $1 (quar.) Arnold Aro ) (quar.) 70c 93 %c (year-end)___ (quar.) Armstrong Rubber Class common 1- \ ! California Water Service Co. (increased 6% dividend) (stock Extra Armstrong 12-14 12-24 12-15 12-18 62c 62!/2c 25c (quar.)____ preferred (quar.) 5V2% preferred (quar.)—„ 5.40% preferred (quar.) 12-14 12-21 12-15 12-15 12-31 11-20 i 5% 12-14 1-18 Co. Power dividend Stock California 1- 60c (quar.)____ com. (stock Steel (Subject Blue 12-31 12-15 12- Electric preferred (quar.) sinking fund preferred Ink Co. (quar.) $2.50 75c (quar.)__. Co. Bishop Oil Co. 6% 1- 2 12-15 1- 4 $2.50 1- 2 1- 2 12-18 11-24 12-11 $98c (initial) California |50c (quar.)__J___ Mfg. Bloch 1-15 $1.25 preferred Black 10c (quar.) (quar.) Arkansas Power & Arkansas 12-21 $3 Inc. Louisiana Arkansas 2 $1 (s-a) Cameras, 1- (quar.) com. (quar.) preferred 6% Argus $1.75 (quar.) 11-23 112-29 1- 2 1- 4 1-15 7% Limestone porations Apex Electric Manufacturing Co.— 1- J25c (quar.) Corp. Corp. Birdsboro 1- 12-14 fl5c Year-end Bibb 1-2 111- 12-23 12- 4 20c (year-end)_ Corp. California 12-15 12- 4 12-15 1- 1 12-15 1- 8 $1.50 Co. Timber & 11-30 XllVzC, (quar.)___ Bethlehem Steel Corp., 7% 50c Cement 12-15 50c Watch Common 4% 15c Quarterly Corp. Loan Beryllium +25c : participating 12-21 • flOc (quar.) common Ltd., preferred 4 +70c Ltd., dividend Stock 12-29 t50c A A Calgary Power Ltd. 5% redeemable preferred 40c (quar.) Aviation 12-29 Nitrate, class A (year-end) shareholders approval at an- Angio-Lautaro (Subject com._ ______ (quar.) 5% pfd. (quar.) Corp. (year-end)__ Eell Telephone Co. of Canada (quar.)__ $3.25 class 1- 8 1-15 50c .' Stores. 40c 5% — Extra J20c 55c J35c $35c (quar.) Aircraft Bendix common class Calaveras 12-21 12-18 25c Zinc Co Co.. Ltd. & Calaveras Land flOc (quar.) Co. preferred 40c Stock Anderson-Prichard 4 J25c Packing Co. Beneficial 12-22 1- 12'/ac (quar.) 4 425c Corticelli, Belgium Bell 12- 12-14 25c $2.50 $1.50 $3.50 50c (accum.) ■ 12-14 12-14 50c t$1.50 (quar.)___ RR. pfd. participating preferred (s-a) $3 non- cum. partic. preferred (s-a) $7 non-cum. partic. 2nd preferred (s-a) C. I. T. Financial Corp. (increased quar.) 12-10 12- 12- 1 12-31 1- 4 50c flOc 25c 7% (quar.) $5 *■ 12-11 $25 62V2c A Co. Corp., Common 843/ac common class Hosiery Common $1.12V2 (quar.)___: Extra 11-30 1 Ltd. preferred Belding 75c Mining & 12-28 25C 2 50c (quar.) common (quar.) Beech-Nut 1 10c (quar.)—, Co Copper Anaconda >?-.( Co., preferred 7% -Lti I'l'lSiL. ____; Inc. Metal, Ampco 25c .__ (quar.) Creek Beech 12-31 Co.^ Smelting & preferred prior $5 _________ , A $1.40 1 1-15 ,■ (quar.) (quar.) Corp Apartments Co., Ltd., A $1.40 12-10 12- 12-15 12'/2C (quar.). 25c $1.75 $1 Co. pfd. 7% 1-15 $1.50 (quar.)_— pfd. Products Co. (quar.) com. (quar.) Lumber 12 »/a c (s-a)_______ preferred prior American pfd. 5% Co., 1- 12-10 12-10 1- 2 12-24 1-15-54 10c Ltd., dividend Copper Byrndun 25c Beaux-Arts $2.25 Thread Optical Co. Brothers, 2 1- Beaver Quarterly American (quar.) Corp. preferred (quar.) preferred (quar.l 1• $1.50 Telephone & Telegraph Co.— 7 1- 2 1- 2 $1 $1.07 $1.75 12- 5c 3%% $1.75 Y.) Surety Co. American Lomb Foods 4'/2% $1 (quar.)___ American (quar.) Special 5% (quar.) com. (quar.) com. Extra 11-25 1- Butte 11-27 12-15 12- 4 3% preferred Terminal Stock 11-30 12-21 20c $1.50 flic 10c common.. $1 15c 10c Ltd common Terminal Bayway 50c -. Co., Co., preferred 12-15 75c (quar.) (N. 4% 12-10 12-10 1- 2 1-20 1- 2 $1.25 45c >- (quar.)_— (extra) Co. Works & 12-18 Corp., 50c 10c 25c $1.433/4 I2V2C $1 20c $1.12y2 50c 15c (quar.)____ Extra 2 5% Bush 12- 7 12-15 12-26 75c (quar.) Burroughs Corp. (extra) Bush Terminal Buildings, 12-10 12-31 50c Inc. Co., preferred (s-a) Burrard Dry Dock Co., Co. Industries preferred Iron 12-15 31V4C — 12-21 10c (quar.)__ Bayuk Cigars, Inc. __________—__ preferred Bausch 2 (quar.) Refining Sugar Bath 30c Stock, dividend American 4 1- Canada, Corp. Bates Mfg. 12- 1- 1- 2 12-24 12-24 12-18 12-21 $1 6% 12- 1- 2 10% 10c 12-12 60c $1 Co. 5 $1.50 __ (quar.) Stores 1- 3- 12-19 s Extra 12- 37Vic 50c. 15c Co. Watch Burnham 3-15 (quar.) 12-31 12- 1 5c 20c 50c 80c t45c (quar.) Co. 12-15 12-31 12-15 $1.25 _____ $80c Y.) (N. preferred 12-31 (Indianapolis)— Foundries Steel 2 Co. Furniture 4'/2% (quar.) preferred 1- 9 12- 1-2 933/4C dividend Butterfly Guaranty Mortgage Bastian-Blessing 12-15 12- 12-18 12-15 r of Oil Basset 4 12- (quar.). Oil 12-11 12-11 12V2C Co. Bulova 12- 12Vic Oil, common Reiractories, Inc. 5%% 12-14 2 1- 12-15 25c ______— Insurance States American Basic $1.75 (quar.) American Stamping Co $1.25 Bareco 12'/2c (quar.) Snuff, American 4 4 50c Insurance Co. preferred American 1212- 12-15 43 %c (quar.) (N.Y.) (s-a) Safety Razor Corp. (quar.)_:—__ Seating Co. (extra)— ,____ Smelting & Refining Co.— Republics Reserve American Barber 12-15 12-15 25c —_.— —— — Re-Insurance American 11-20 30c 10c Special American 12 15 $3 2Vi % :___ Trust Barber-Ellis 11-20 12-15 25C (quar.) 1-2 1- 5 1-20 12-15 60c (quar.) Pipe Line Stock 12-11 1- 2 1- 2 12-31 $1 Buck Creek 1 10c —__!__ America Bankers Sanitary Corp.— Amer. Radiator & Standard 5c 50c 5% 12- 12-10 11-23 1- 2 I $1 Buckeye Steel Castings Co 12- 4 12-15 1-10 12-14 10c — (quar.) Bullard 12-28 12-31 12-15 12-22 20c (quar.) (year-end) ; Building Products, Ltd. (quar.) 10c ._ ___________ & Co. preferred Buckeye 12-15 1-15 12-22 15c preferred (quar.) (quar.) ,_l 12-15 12-18 1- 2 :—_— (quar.)_-___ Bond Bankers of 9 12- 12-31 25c Co.___) Gas 1- 2 2- 1 2 Vi % & Sons Co. Borough & Shoe 1 $25c 5c ._. (quar.) Y.) preferred $5 7c _______ —, (quar.)_ (N. Corp. _: junior 2- 2'/2% (E. L.) Co., 3%% preferred (quar.) Brunswick-Balke-Collender Co., com. (quar.) 12-11 9 12-31 —$10c Bruce 12-11 12- 1 1-15 5c (initial)—— Industries Brown 12-15 12-29 1- 2 1- 2 12-18 25c 183/4C _____________ Extra__, 1 12- 11-27 Aroostock RR. Co.— Quarterly 1 $4 2- Ltd.— Products, Bigelow, common (quar.) Brown-Forman Distillers Corp., com. 12-14 ______ 12-15 2 1- 50c American 4% 12-10 12- 1 12- 1: 1-4 Power Corp.— Columbia Bucyrus-Erie (quar.) pfd. (quar.) 2 ! Bangor-Hydro Electric Co., common (quar.) 4% preferred (quar.) 4>/4% preferred (quar.) 7% preferred (quar.)_ Bank Building & Equipment Corp. of America— 12-14 50c (annual) com. (quar.) __________— (Joseph) 1- 2 1-2 12-22 12-10 1-15 12-15 1- 2 6% —___________ common Brown 11-27 12-15) 12-15 11-191 1- 2 Ry.— dividend)^—_______ Forest Columbia Brooklyn 12-21 12-15 12-31 1- 2 receipts dep. 1— (stock preferred Quarterly British (quar.) Amer. Electric Columbia British 12-15 30c 5% 37 Vac Co. (quar.) (quar.)____ Products American 5% Ltd. Co., Ltd. (interim) Ordinary British 1- 2 1-2 - 50c Extra Bangor & 2-19 1 dividend) —!_____; Co. Bancroft 3- 12-15 11-25 40c 4% (quar.) Extra Baldwin $ 1.12 y2 11-25 7Vic 40c . Co. Wilcox Inc. Balcrank, 4 12-18 _— ——— preferred 4V2% Inc. dividend 1-15 Ltd. Co., 11-25 12-15 30c Fund (2c from invest¬ 5c from capital gains) and T.), & Stock 2% _______ Maracaibo Metai 11-30 Extra v Badger Paper Mills_______ ______ Baker-Raulang Co. (stock dividend)— 12-29 1- 12-15 Oil Celanese, (quar.) Ltd. Year-end (stock com. Stock dividend 35c dividend)- (stock American (B. $1.75 _____________———« 12-15 1-2 Inc.— (quar.) income Stock 12-18 12-29 35c Mills . Babcock 12-31 American British 12-16 12-10 11-27 t25c mVic ________ (quar.)— preferred 3%% Banknote, American British i- 2 t45c 683Ac (extra) Co. British 12-15 12-31 12-30 12-15 $1.10 Bristol-Myers Co., New (quar.)__ Ayshire Collieries Corp. (quar.) B/G Foods, Inc., class A common 12-31 1-15 35c (stock dividend) — American Maize-Products, com. (increased) American 7 25c Mail Line Year-end 7 12- ment 7 12- $1.25 (quar.)_— —— .____ American 12- 2 97 y2c (quar.) Machine American 2 Bristol 11-20 British (quar.)___—_— preferred Babbitt (quar.)—————— preferred Inc., Axe-Houghton 4% 12-28 12-16 12- 1 f28%c 40c 25c 93%c pref. (quar.) Bright (T. G.l & Co., Ltd., 5% Co., Inc 12-21 12-15 25c 22Vic non-voting pfd. (quar.) Co. (Hartford) Products, Avon 2 10c preferred 12-15 _2_ 1- 1- 1- 2 (interim) com. Insurance 1- 40c Products, Steel non-cum., 1- 25c Ltd., — —.— Corp. Brillo Mfg. 40c J15c Co., 28 '/bC $1.75 12-10 flOc (quar.)— (quar.) (quar.; Co. Brass Stratton & Year-end 4 $10c 31, June 31'/4C Extra 12-30 12-15 1-2 12- 12-17 Products, Ltd.— quarterly payments of 15c covering the three quarters ended $1.31 »/4 (quar.)———— preference (quar.) .__ 4V2% preference (quar.) — American Locker, class A (reduced)——_ American Locomotive Co., common (quar.)__ 2- 1 12-17 1-15 1- 2 tl2Vic Extra S1.25 Briggs t$1.50 30c 50c 35c 25c _________ Bridgeport Gas Light Co. (three A Automobile 2 12- 12-15 12-11 12-31 — A Automatic from (quar.) A (quar.) preferred (quar.)__ Automatic Fire Alarm Co. (Del.) of undistributed ordi¬ balance net income for the year and 63c realized capital gains) — American Investment Co. of Illinois— class 4Vi % 3 12- (quar.) (quar.) Common 12-11 2 pfd. 30 and Sept. 30, 1953)_ 5Vi% preferred (quar.) Automatic Canteen Co. of America- 11-27 1- 50c : (quar.) nary preferred 12-18 30c 1-29 1-5 tlOc Finance Auto 12-14 -——— Hospital Supply <quar.)_——— American Ice Co., common— Ltd., — _ March 2 1- 20c 4% common preferred (quar. Corp. (year-end) 1- 7 12-15 2-22 1- 4 12-14 special meeting to be held Jan. 6)— Breeze 3- 2 (quar,)___ each 1 12- 12-14 a 6% 4 Fabric Auto Class 75c 8 12- 11-30 12- 1- 4 $1.25 $3 37Vic 25c $1 50c 410c __. __. Corp. (quar.) Electric Service, Class 7 12- 12-15 Bridgeport (quar.)_ Corp., Co., each ord. share outstanding on 7, 1954 in Canadian funds. Subject to by stockholders of a by-law authorizing payment of stock dividends at $2 Extra 7 12-15 2 1- Corp.— Products Increased monthly Extra 12-15 $1.50 — American 3.90% 12- ____________________ Home American Auto 11-30 12-15 25c : preferred (quar.)——— American-Hawaiian Steamship Co.— Quarterly 2 1- 12-15 25c B Extra Atlas 60c 6% American Class 4 12-11 — (quar.) reduced 3c Jan. Co.— Extra 12-10 12-15 125c Co. Wholesalers, 12-15 12-22 37>/2C (quar.)—- Co. (quar.)______ Ltd. _—___— common (quar.)— Factors, American 7% Greyhound — — Export Lines, Inc. American Express 5% Co. Atlantic 40c Extra 7% Atlantic 1 12-30 11-23 $1.25 Electric 12-24 40c (accum.) ,—45c Ry. (s-a)____ Point RR.__ & West 2 12- dividend tlOc preferred Atlanta City 20c preferred (accum))Enka Corp. (quar.)___ American 5% 3 Fe Santa 12- 4 Traction Light & Power com stock (l-20th of an ordinary share and Brazilian 11-23 12-22 1- 2 12-15 $41 $1 $1.50 : Atlantic partic. American Topeka & (quar.)__ Extra—- 3 pfd. 12-19 1- 5 1- 5 50c :_ 12- 1 12- 8 12- 4 12-15 $3 50c 75c (quar.) & Sons approval arrears <quar.)____' Investment Atlantic 12-15 50c 11-23 37Vic __■_ 12-10 1- $1.75 Securities 2 clears payment 12-15 50c (N. J.) Corp.— Electric 30c 2 1- 87'/2C 12- 12- 1- 8V/2C this (quar.) Common 3 12- 12-23 50c 12-15 12-15 12-15 12-15 Associated 12-15 District Telegraph Co. American (quar.) (E. J.) Extra 1- 2 25c $1.25 2nd preferred (series 1952)__ Telephone & Telegraph Co.— Hose preferred (s-a;—._. i—_____—_— Bearing Co. (quar.) 6% 125c (quar.) (year-end; & Rubber Co. Co. Woven Bower Roller 12-15 1- 2 }15c ____ $6 tquar.)_ preferred American (quar. $10 preferred (quar.)———-——— American Colortype Co. (quar.)— American Crystal Sugar Co., com. (quar.) 4V2% prior preferred (quar.)_ ______ American Cyanamid Co. common (quar.) 3'/a % preferred A (quar.)— :_— 3V2% preferred B (quar.;_ American Dairies, Inc., corn, (quar.) 11-27 $2.25 $1 RR Albany & Boston-Wharf Boston Brach B $1,50 11-27 12-23 Boston 12-15 12-14 Payable of Ree. 12-31 11-30 12-15, 12- 1 Share of Company Holder• When Per Name Ltd.— 12- —— 6% 7% 12-15 (quar.) ———— A 12-24 12-29 12-23 J25c (quar.) Hardware, H.) (J. preferred $5 3-12 4-1-54 — Cigarette & Cigar Co. com. American 50c 50c $25c _ Class 50c — . (quar.) Ashland Oil & Refining Co., common $1.75 — Cable Co. (quar.) American Chain & Ltd. Corp., Class 12-11 75c (quar.) Inc. Extra 12-17 2 _ ___ Industries, Ashdown Common Common 1- 433/4C (quar.)___ Can Co., 11-25 25C iquar.)__ (quar.) — -7% preferred American (quar.)___ Corp. Extra 11-25 Monday, December 14, 1953 ... » Holdere Payable of Rec. 12-24 12-15 Share 30c Name of Company 12-21 25c Common 5 % Payable of Rea. Arundel Broadcasting-Paramount Theatres American When Share When Per Boldere Per . Financial Chronicle The Commercial and (2312) (quar.) pref. (quar.)__ 12-30 1- 2 1- 2 12- 2 12-14 2 2 2 2 12-10 12-11 12-11 12-14 12-17 1- 2 12- 7 12- 4 $25c t50c f37V2c 75c 75c +31V4C : (quar.) (Continued on page 52) 25c 40c 1111- Volume 178 Number 5281 . .The Commercial and Financial Chronicle . (2313) 17 Stock Record «» New York Stock Exchange DULY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES STOCKS Range (or Previous -41% Oct Lowest Highest Oct 6 125 39% Sep 22 *64j/2 Jan 10 2 8% May 26 30% Jan 30% Sep 16 35% Jan 30 33 Ya Oct 20 42% Jan 5 24y4 Nov 6 47% Jan 25 14 3%i Sep 20% Sep 2 24 5% Nov Jun 99 Jan 24 112 Jan 5 6% Jan 4ft 3 23 ABC ACF-Brlll 6 Acme 35% Jan 2 Adams 9 36% Feb 25 Jun 16 59% Jan 27 32% Jan 21% 27'A 27% *23% 24% Addressograph-Multigraph Corp„10 51% 52 51% 51% 51% 52% 52 52 6 Admiral 3,700' 21 21% 20% 21 20% 21 20% 20% 3,700 6 Affiliated 8% 14,600 Nov 10 29% Jan 8 15 114% Jan 5 70 Jan 4 150 11 15 17 9 May 70 5% Dec 23 3 Dec 23 130 Sep 158% 160 15 ; 74 152 Equipment com____l 7% 50 *50% comraon_.No par 23% w w Inc pfd 1951 series Alabama & Vicksburg Ry Alaska Juneau Gold Mining 1 3% 35/3 preferred A 100 prior preferred conv___No par 143 y2 1431/3 Corp common 9 15 39 Jan 6 1 104 Feb 4 85 Jan 2 98 Nov 25 18 98 May 8 Allegheny & West Ry 6% 8 Apr 30 10 Dec 23 87% Sep 8% Oct 10% Mar 3 Allen Industries 783/a Aug 11 62 15 76% Jan 2 Allied Chemical 21% Jan 17% Dec 11 22 Mar 25 Allied Kid 24% Oct 28 33 Jan Allied Mills 15 35% Sep 21 40% Jan 8 87 Sep 22 94 14 59% Jan 2 8 118% Jan $4,375 4- 41 % Oct $4 Alleghany Ludlum Steel Corp 2 100 *92 8% 8% 73'/2 741/4 73% *17% No par — 1 23 Dec 23 86 Oct 49% Dec 30 40 Sep 14 52% May 25 Alpha Portland Cement 42% Apr 23 62 Dec 10 Aluminum Co 41% Apr 21 54% Jan 20 Aluminium Limited 1% Nov 36% Feb 47% 21 Oct" 16 2% Oct 123 54% Sep~l9 3% Jan 23 27 3% Mar 24 Nov 10 11 16 Yt Jun 29 19% Mar 18 24 35 Jan 15% Sep 15 18% Jan 32 2 141% Jan 60% Feb 12% May 73 9 20 2 Apr 29 6ft Amalgamated Sugar Co 14 189% Jan 5 55% Nov 2 75% Jan 6 Amer Agricultural 11% Sep 14 15% Jan 8 American Jan 2 71 18 84% Feb 4 3%ft 8 American 90 Sep 26% Sep 15 29% July 97% Jun 20% Feb 2 5 20% Dec 31 19 50 61% Feb 15% Aug 7 Dec 19 53% Aug 7 36% Oct 30 12 Jan 59 Feb 26 34% Sep 21 40% Jan 17 103 % Feb 20 Sep 47 13% Sep 29 6 Jan 11 16% Jun 15 4% 28% May 16 36% Dec 12 31% Feb 9 43% Aug 45% Nov 12 40 % Apr 23 30% Sep 14 31 Oct 5 22 27 42% Jun 40 Nov 27 45% Nov 49% May 25 28 Bosch Corp No par 5ft of Inc common- Interest in American Can .7ft Radio & Co preferred Corp 25 American Car & Fdry common 7ft preferred 83% Jun 26 32% Feb 8 26 Sep 14 34 % Jan 26 American Chain <fc 50% Jun 6 44% Apr 24 50% Dec 10 American Chicle Co 14% May 21 20% Feb 13 19% Feb 25 16% Jan 2 23% Dec 7 American Colortype Co : 26 American Crystul com 89 96% Jan 15 50% Aug 25 143 May 9 33% Oct 30 Jan 6 21 Sep 3 25 % May 27 15 Mar 90 May 6 96% Mar 4 9 41% Jun 9 170% Jan 22 117% Jun 10 54% Jan 22 28% Sep 15 39% Jan Dec 31 6% Jun 30 59% Jun 9 prior 6 Jan American 6 55% Jan 151 4'A ft 3'A ft 5 Cable 29% Jan Sugar 3 16% Mar 7 American 33% Aug 11 31% Jan American 12% Nov 2 17% Feb 4 American Export Feb 19 May 25 American & 18 45% Jan 10 55" 3% Oct 30% Sep *35 % Oct 5% Apr 73 Feb 8 48 Febll Jan Nov 27 5% Mar 25 3 28% Dec 11 8 39% July 23 36 % Jun 15 39% May 27 47% Dec 2 6"% Jan 23 9 8 Aug 96 Dec 26 Jun 24 8 19 86 Jan 25 16% Apr 24 84 *22% May 16 97 Jan 3 13 Jan 2 7 Dec 31 28% Dec 19 33% Oct 28 Apr 18% Dec 87 31 35% Dec 36 4 Jan Jan 7 11 17 24% Jun 49% Dec Jan 2 53 21 15% Feb 4 11 171% Feb Dec 25% Sep 10 25 37 Jan 119% Dec 8 36% Jan 29 25% Sep 21 9 38 40% Aug 18 49 Feb 10% Oct 16 16%vJan 150% Jun 11 161% Dec 12 Apr 30 Jan 6 Feb 36 2 Mar 20 47% Nov 24 May 12 Feb 19 16% July 30 14 1 152% Jun 161% Jan 5 4 2% Dec 62 48 48% 48 1% 491/4 1% 44 *88% 48'A *1% 2 1% *31% 35 *31% 35 *30% ♦19 19% *19 19% 167 165% 168 38'A , ' 38'A 4,900 89% 200 44% 44'/a 12,400 90 90 90% 400 *42% 26,200 1% 1% 13,800 48 3% 49% 1,000 60'A 1,900 35 *30% 11V, *19 165 167% 167% 168% 58% 58% 58% 58% 58% 581/4 900 ll7/a 12 11% 11% 11% 11% 11% 20,000 72% 72% 72 73 72% 72% 71% 2,100 27 27 26% 27 26% 27% 26% 1,300 98 *97% 98 *97% *97% 15% 15% 15% 15'A 55% *55 Va 55% 55% 55% 8% 9'A 8% *39 41% ♦55 8% 9 *39% 41 100 8% 41% *39 1,900 15'A 15% *55% 4,100 ♦97'A 98 15% *39% 9 38% 39 38% 38% 38% 38% 98 99 99>A 99'A 99'A 99% 15 15% 15 15% 15 Va 15% 3,900 99 15% 13,100 38J/4 98 15'A 15 15% *15 16% 4% 16'A 16% ♦16% 4% 5% 900 *15 15% 38% *44iA 44% 44'A 33% 33 33% 8,100 37% 9,200 44'A • 1,200 47/a 38% 44% 44% 600 32% 441/4 16 »/4 5% 38'/a 38% 16% 4% X33V4 * 44% 34% 11,800 16% I6J/2 5 J/4 4% 39 38% 39 *15 15% 15% 33 32% 4,600 76% 800 76% 76% 76% 76% 28% 29 28% 2 8'A 28% 28% *28 1,100 49% 49% 49 Yt 50'A 50% 50% ♦50 5,900 23 23 22% 22% *22% 23 *22% 1,200 r22 Va 22% X76% 79 29'A 49% 23% 22 21% *90% 93 47% 76% 21% 21 'A *90'A 93 91 91 48% 48 48% 47% ♦90% 33% 60 3'/a 3% 17,300 3&'A 59% 10 471/2 48% 33 5,100 99 21% 92 6OJ/2 3% com 3 1 61% Dec 10 77% Aug 3 139% Nov 21 130% Jun 5 143% Oct *130 31% 32% 8 87/a 3 3% 32%. 32% • *8 1,600 *32 32% 1,200 8% 8 29 13 3 2'A •130 135 8; X26% 8 *28 *130 135 *130 136 26%. 26%! 26% 300 13 13% 4,700 13% 12% 13 8% 8% 9 8% 3 21 35% Oct 22 119% Jan 24 111 % Dec 4 69% Jan 9% Dec 15 9 Jun 3 10,700 9 13,900 1,600 2,500 30 29% 29% *28% 29% 200 46 X46 Yt 46'A 46'A 46% 5,100 5 60% Jan 119 Amer Rad 7ft 6ft American 6 43% Sep 25% Aug 27 57 Jan 30 31% Dec 94 Jun 25 106% Mar 5 10 32' 50% Dec 19 40% Sep 15 24% Jan 24 8% Dec 11 15 53% Jan 38% May 1 J11% Nov 21 8% Jan 60 July For footnotes see page 3 7 28. , Nov :25 2% Nov 24 80 Sep 14 145 ; * Jan 57% May 15% Feb 5 6 26 Jan 5 52 : • •7 Jan 9 23 23% 22% 23% 85 % ♦84% -85'A 18% 18'A 18% *84% 85 18% 18% 20% 20% 6ft 20 • 19% 100 ■ 500 7% 40% 5.400 22% 4,900 40% 40% 40'/a 40% 22% 22 V\ 23 ' 21% X31% 1,900 32 34% 35% 2,200 13% 13% 13% 13% 18,100 *166% 169% *166 % 169 'A *166% 169% 13'A *166% 6% 23'A *42'A 29% 100 5 143'A 25 37% preferred—.100 121% 28% 47% 100 *52 125% 100 13% 169% x6% 6% 6% 23'A 23% 23% 23% 42% 23% 42% 30% 42% 42% 42% V 23% 42 42% 29% 30 29% 30 29% 143% 145 145 143'A 145 144''2 37% 38 37% 120 37 120 37'A 37% 120 120 Corp 830 37% 1,900 119% 28% 28% 28% 28% 2.400 29 47% 47% 47% 47 47 46 46 2,600 52 51 % 51% 51 51 x51 52% Xl23% 125% 125 124 13% 13% 13% 157% 157% 157% 28% 29 123% 124 13% 13% 1,000 155% 76,400 2 hi 2% 2 hi 215 2% r2J2 65% 66'A 65% 65% 61% 64'A 61'A xl38% 139% 137% 136 'A 130 'A 133 36 25 35% 112'A 5 9% 157% 35% 36'A 112'A 112'A 9% 10 138 36 114% 10 133 157% Xl55% 920 13% 157% 14 600 125 13% 100 com 330 120 121% 25 .- 230 30 100 Co common 1,400 15,000 145% 5 Tobacco 1,400 6% 23% 7 6% 7 100 134,200 2% 62% 63'A 133'A 2,010 3 5'A 35'A 27,000 36% 35% 114 114% 114"2 114% 113% 114'A 10 10 % 10% 10% lO'/a 10'A 35% 75.000 62% 131'A 820 6,500 50,600 No par 15% 16'A 16% 17'A 16% 16'A 17 common 67% 73 % 74% 78% 77 78% 76% 78 7 7'A 791/4 3,590 100 No par 80 82 76 78% 81 76 14'A 76 78% 70 79 % 9,270 prior preference 14% 14% 14'a 13% 14 13% 14 78 78 Woolen Zinc 2,500 7'A 40% 13% preferred conv * 15% 35 Lead & Smelt com Wire & Cable Hocking Glass 14'A 76'A 30% 30 30'A 38,200 31% 30% 48 46% 47 46'A 46'A 620 31% 30% 30% 5,200 30% 48% 47'A 48 30% 30% 30% 98 >• 33% 98 45»A 9'A 21.80 Corp Mining W Products Co Inc Archer-Danieto-Midland 77 30% 31% ,.-4 " 10 14 9'A 5 No par 3% .. . 34 'A *98 33%- 4 34 Va 33% - 45 9 4% 33'A 140 76% 30% 44% - 4,900 76% 30% No par 16% 76% 48 No par preferred Anderson Clayton & Co Oil *76 76% 15% 77 31 6.25 Anderson-Prlchard 14 17% ♦47 Corp— $4 Copper 1 25 50 Common P 15 32% common Tel & 6,500 20 *98% 20'A 100 13% 100 Viscose Anaconda A 400 32 10 preferred Andes 220 18 34% tp prior conv preferred Anticonda Copper Mining ; 22% 84'A 32 Co Tobacco 8,300 22% 17% 22% 40'A 22% 800 84% ... 2% Tel American Amer *98% 17,800 35 preferred 5ft 100 80 13!A 89 31% common—5 Sany Co 20% 100 104% 35 Rights 9 15 23% 12% *87 32% Razor Sumatra American Anchor 106 % May 21 Snuff American 13 26 88 35% American Sugar Refining com 7% preferred 26% Feb Jan 88 32 American Steel Foundries—No par Stores Co 1 16 97 87 *103% 104'A 35 American 16% Oct 2 Std noncumulutive $4 45% Feb 87 *103% No par cl B American 14 89 23% 23'/a No par Co preferred 7ft 48% Dec 31 & American 9 21 13'A 40% 2 Sep 13 22 American Water Works Co Inc 29% Sep 13% No par Co 2 5 104 Va 13% No par Gas Co_ preferred 7% 88 % Mar 17 31% Jan Co Ship Building Co—No par Amer Smelt & Refg com No par 82 68 Molasses 7 21% Jan 1,300 7% com, 27% Jan 14 23 23 7% Ltd preferred Jan Dec 200 7% 11 10 20 18 23 84% 7 10% Feb 9 91 *17 *103% . 900 ♦90% 17 »A 13% 93 17% 8% 8% 92% 17% 87 100 8% 8% *90% 104V2 *103 13'A 1 17% 7% 11 30 Co 8'A *90% 23 —100 common X8 8V2 93* 18 23'A 7% Sep Jan 8'A *90% *17% *7% Sep 55% Jan 24 No par 45 46% 1 57 109 46'A American 59 11% Sep 1 *29% I 30 15% 7 13% Sep *29% Xl5% 27 10 50 2,000 58% 12Va 72% 27 98 15'A 55% 9'% 41% 38% 15% 7 4% May. 5 —48%-Dec 10 1,300 . 42% 61 15% 22 40% Oct 42% 61% *98% Feb 15 42% 59% - 37% Jan Jan *42% 59% 15% 82 102 42% 58% 15% 95% Jan 2 42% 57%. 49'A 2 35 i. 20J/a *98% 18 May 12 42'A 90 2 19 40% May 89% *88% 91 100 22 24 89% No par Metal 4'A% 81% Nov 15 44% American Metal Products Co 64% Nov 23 *89 'A Amer 9 66"% Dec 16 13 Oct 38% 90 J/4 44% *18 2 2392 Nov 38 18 38% No par 5 40% Aug 10 127 58 89% Oct 6,100 27% 32% American 134 22% Oct 27% 59% Fdry common Seating 159% Jan 2 20 & American 15 7% Jun 38 *17% 59% preferred Safety 44 14 Jun Much 3.90% 65% Jan 6 Jun 39% Feb 131 Amer American 24 3 18 27% 33 100 8% Jun 23 24% Nov 30 Sep 16 18 27 Vo 44% Amer Machine & Metals—. 6 2 120% Sep Dec 18 271/a 59% preferred Optical Jan 136 1 11 57 17% 26% 32% Amer Potash & Cliem 30 Jun 42 29 165% Sep 7ft American 6 116% Jan 100 74% 59% Locomotive 39% Mar 24 60% Mar 3 18'A 74 32% prior preferred 36% Jan 6 3 5%% American News 135%, July 129% Jan 74% 8% preferred—loo Natural 148 16% July noncuniulutive 6ft American 18 54% May 19 73% 59% Products Home American 37 Mar 14 50% Dec 127 74 32% preferred 1 41% Dec 11 12% Sep 12 9 1,000 S Co Co Leather & Mar 27 18 Dec 5 29 16 22 31 % Jun 1 Apr 7% Jun 21 % 8 17 34 14 16 7% Jan 30% Oct 2 28% Sep 16% Apr 36% Dec 11 122% Oct 29 10 9 *8% 9 *89% *28 13 40o American International Corp.No par American Investment Co of 111 1 9 18% Feb 29 Yt Jan 175% Aug 27 105% Feb 23 39% Sep 7 148 Sep 2 15 36% Jun 12 23 19 9 8% _10 SS American Ice Co common 24 26%'Feb 18% Jun 13% Sep Feb 19% Feb 94% Jun 16 Feb Hide American 100% Mar 17 15% Sep May 15 Aug 38% May 19 6,000 97 44% 32'A 8% No par Inc Electric <5s convertible 6ft 4 18% Mar 26 24"% Mar 16 Feb 24 25% Mar 18 104% Dec 86 17% Dec 31 8 15 19 % Sep 6 42% Apr Dec 22% Jan 79% Jan 13% Oct Oct 15 9 2 165 19 14 30% July 23 105 19 31% July 30 American 6 Nov 24 24% Dec 11 25 94 16 Jun •12% Sep 3 Dec 21% July 31 102 Sep 1 9 8% Nov 9 16% Sep 21% Sep 23% Jun 30 78% Feb 24 30 *93 93% ' 14 4 Oct Hawaiian 14 19 29 Gus lo 17% Feb 13% Apr American American Jan 19% Jan 96 4 5% Jan 3 Foreign 3 45 21 93% 931/4 Power—No par 10 1 Secur 33% Feb Aug 81! 101 901/4 *90'A 48% *133 20 Lines 67 9 99 20% Feb 11 com. Co European 18% Aug 14 7 10 10 100 Co Distilling 7 20 12% Mar . American Encaustic Tiling 8% Jan 14 13 100 No par preferred series B-100 Oct 7% Nov 29% *96 49% 143 32'A 8'A 29 13% 9 Cyanamid conv 26 8 25 No par preferred 27% Jun 6 1 12.50 common • 2 Apr 30% 102 16% 4% 38% 44% 34'A 78% *29 49% 22% *21% 20 Cable 42% Jan 85% Mar 18 *80 81 29% *96 *15 1 common preferred 73% Apr 23 27% Oct 24 72% Oct 700 38% 15'A com 148% 44% __1 2 5 % ft __50 preferred-. 148% 38% 100 common 12,200 *89% *15% *55 Vo 9 Va *39Va 38% 98 10 ser 1952 3% 90% 26% *97'A 100 common 80 3'A Broadcasting-Paramount American 9 100 com__No par 50 convertible Ctfs 12 1 Bank Note Theatres 15% Mar 19 6% May Co 900 3% 39% 11% 72'A 1 pfd Amer Brake Shoe Co 15% Mar 20 Feb 3% Sep 7 11 15 4% Dec 15 No par preferred conv preferred Amer 12% Sep Corp 1 preferred 2nd • (The) common Bakeries cum American 27 91 6ft 50 3,500 71 27 % 49IA 1% *31 Ms *19 19% 168%; 169% 59 59 1 com Chemical__No par Airlines American 29 2 Petroleum conv 4'/aft 6 12% Jan Nov 35 22 Apr Jun 6% A*ig 31 41% Mar 13 107 Amerada 16 5 Co preferred 2% 19% 71 57 No par 1 No par Leather convertible 148% Oct 14% Nov 17 Amalgamated 158 19% 147 % *80 30% 1,100 - 43'A 100 preferred 81 15,600 102 72% 145 101 2 30 23% 385/a #0% 44^ 91 par 20 common America 2 25 Oct of 9 18 102 Mfg convertible 30 Nov 43 3% ft 27 100 Dec Apr 74 10% Dec 55 Corp common__No prelerred 16% Jan x235 93% Aug 20 16% May Stores 4% Allls-Chalmers 36% Mar 24 3 Nov 33 - *92 8% Co 145 ♦155% 2% 900 50'A 20 3% 3% 158 ♦50% 2,100 - No par Dye Oct Allied 93'A 5 & 615/0 Dec Nov 30 *97 1 40% Dec 95 • ♦79% 31% 99 gtd 3% *143 80'A 30% 99 Inc 17 Apr »80 1 • No par prelerred cum 90 July 17 46% Apr 17 95% May 1 36 *155% *71 Sep • 157 71 Oct 8 *155% 71 25 % Sep Mar 27 " 157 71% 91 36 102 x71% 17 18 Aug 28 32% Feb 21 102 >A 102 100 21 Sep 102'A 2 Jan 7 ♦101% 20 46% Jan €7% May 102% 2 5 y« ft < 23 20 Alleghany Aug 24 23% 2 preferred 8 50% 23% 20 110 6 2 8% •50% 23% 2% 10 81 *155% 10 8 8% 51 22% 19% Nov 16 100 common 98 31% Oct 102 8 *50% 23% 19% Inc 4y«ft 5 100 8% 51 5 Aldens 27 Jan 1 Gas 4.50ft « 5% Mar 25 • Corp $3 preferred Mar 11 Feb Express Air Reduction 3% Apr 14 20% Aug 5 Aug 10 Sep 14 78 2% Apr 24 79% May 5 10% Mar 3 Sep Sep 1 233/4 July 76 Jun 2 Aug 28 33/8 Mar 6 155 2,900 21 27% 23% 3 2 21% 23% 8 29 38,800 27% 49 Yt Sep 2K Jan 5% 21% 22y4Oct 18 % Oct 5% 5% 24% May 21 29% Dec 22 Oct 5% 27% 7% July 17 101 5% 21% 14 11 5% 27% 27 115% Dec 2.700 24 7% Sep 106% May 2 Jan 17 139 10 5% 100 9% 21% 19% Nov 52 5% 7,000 9% 24% 7 - 9% ' 2.50 Co 9% 27% 9 . 9% Shares 44% 109 21% 9% Jan 51 9% 44% ♦107% 27Vs 32 3/4 Oct ' 9% 44% 109 21% 22 1 9% 44% •108 »24% 24y4 Jan 18 44% 108% the Week 1 24 May 44% 108% Dec. 11 No par Sep Jan 45% 108% Friday Dec. 10 Co 64 24 44% Sales for Thursday Corp 19 48 Steel PRICES Dec. 9 *106% v SALE Wednesday 1 Co HIGH Dec. 8 5 Corp Adams-Mlllis 26% Jan Tuesday' Dec. 7 100 Motors 15 14 Dec 56 Vending Sep 48 Monday Par preferred 23% Dec 25 Vs LOW AND STOCK Abbott Laboratories 29 10% July 15 YORK EXCHANGE Highest 8% Sep 108 NEW Range Since Jan. 1 Year 1952 Lowest FOR EVERY LISTED ISSUE 100 34% 45% 9Mi 4% 34% 30% ♦98 33'% 44% ♦8% 41; 32^ ♦99 100 34 34% 45% 44% 9% *8% 4 4 30% 100 32% 100 10 4,500 447/a' 3,800 9'A" 4 „ 32% 30 •99 y* 34% 32% 400 1,100 2,400 ; t The Commercial and Financial 18 Chronicle Monday, December 14, 1953 ... (2314) c»ntin„ed-Page 2 NEW YORK STOCK RECORD LOW STOCKS Range for Previous Highest Lowest 15y8 Oct 7 27% Jan 22 35% May 1 42% Dec 31 5 12"% Mar 8% Oct 22 77 '/• Oct 22 96 46 Vb Nov 10 57 Jan 92% Jan 3 99 Apr 14 8% Sep 15 3 107 % Nov 15 1 22 89% Sep 24 102% Sep 16% Jan 22 Dec 31 7% Oct 24 9% Dec 19 5% Dec 6 32% Dec 31 23% Mar 25 31 Aug 18 19 16% Oct 22 27% Dec 29 18% Feb Feb 28 91 Jan 2 73% Feb 27 51% Jan 4 21'/« Jan 7 91 9 x93% Jan 2 2 25 Sep 14 Mar 25 32 103 Jan 13 50% Jun 23 57% Jan 13 18 8 30% Nov 30 Dec 1 25% Feb 6 88% July 23 Dec 22 NOV 14 Jun 24 Jan 26 28% Jun 44% Jan 117% Jan 30 31% Apr 24 30 94% July 16 100% 30% 1 102% Oct 2 24% Feb 4 7% Dec 16 Jun 17 3 2 Atlantic 6% Sep 23 27 6% Jun 9 15 % May 13% Jan 9 4% Dec 11 8% Feb 26 11 52 % Feb 26 42% Jun 26 Jan 16 45% Dec 1 36% Sep 50% Nov 14 11% 11% 11% 23% 23 23% 22% 23 5% 5% 5% 27 *26% 27 14,300 22% * 22% 22% 22% 4,200 18%' 18% 4,400 13% 18% 93% *93% 95 *93% 95 97 98 98% *97% 98 31% 31 31% 31 % 31% 95 94 94 54 54 % 55% 30 29% 29% *29% *92%' 93% 92% 92 % 89% 87% 88% 87% 37% 59:% 58% 58' h 57 57 97% 98% 53% 54% 54 30 30 30 18 % 94 31 x93% *92% 90% 89% *56% 89 90% 59% *56% 11% '18 % 31% *95% S4 •11% *26 93% 31 89 100 11% 26% 96 % 18% 94 95% *92%. 1,500 26% 11% *26 94% 94 % 170 96% 18% 18% 18% 94% 95% 58% *58% 240 ' - . % 160 31% 31% 1,700 93 94 94% 93% 4,700 54%- 55 *54% 55% 2,000 30 29% 29% 400 50 92 *90 4,400 300 23% 29 28% 29 28% 28 % 28% 28% 28% 28% 94 94% 94 94 94% 94% 94 94% *94 Vk 94% 29 29 29 29 29 29 29 29 34 103 103 17% 17 5% 5% *5% 5% *15 15 % 15% 15% •15 15% Xl5% 15% 15% 15% *15% 15% 5 4% 37% !. 37% 37% 37% 2,800 33% 102% 102 % 17% *16% 17% 100 5% *5% 5% 200 200 500 15 % *15 15% 15% *15% 15% 4% 4% 25,900 37% 37% 700 15% 5 4% 37% 37% 37% 37% 34 33% 102% *15 5 4% 5 4% 270 1,500 *5% * 5% 5% 17,100 29 29 16% 33% 102% 103 17 103 *17 17 % *17 Corp.: Nichols common 102% 33% 33% 34% 34 34 103 (voting! No par No par Conv prior pref ($1.20)—No par Automatic Canteen Co of Amer—5 Avco Mfg Corp (The) common 3 $2.25 conv preferred No par 3 11% 23 Tack Atlas 3 5% 26% 11% 5% 5% 5% 5% x26% 11% *26% 20 Austin 21 3 5% 5% convertible pfd series A—100 7 Jan . 16% Mar 13 17% Mar 6 5 *16% 17% Powder— 4% 8% Nov Nov 17 113% *16% —5 Common 15% Jan 5 17 113% 17% 10 Atlas Corp 2 7% Mar 21 115% *16% 100 Refining common-, $3.75 series B— Preferred 36% Mar 27 108% Mar 18 29 *114'/4 17% 50 22 Mar 30% Feb 16 114% 4% Atlas 3 Mar 31 1 220 114% *16% ——50 Jan 99 89% July 2.300 93 17% 1 33% Jan 114 J9 25% Sep 49 8 36% May 900 57 % 113% Atlantic 2 85% 56% *92 93 *16% Corp— — 85% 57% 57 % *92 % 113% Cily Electric Co 10 preferred —————. 100 Coast 'Line RR ..No par Atlantic G & W I SS Lines 1 119% Jan 83% Sep 14 93 17%. Atlantic 97% Mar 25 57% 91% Co —-———— Preferred 57% 92% 16.600 114% 5 Common 5 Jun 86 86 57% 92 2,000 15.000 9% y 85 85 85% 57% 86 9 % 9% 9% 92 86 34% 34 34 91% preferred 100 6% 2nd prelerred 100 Associates Investment Co— 10 Atchison Topeka & Santa Fe— 99% Apr 22 9% Shares 18 34 % 33% *113%' 5.25% * 1st 15 110 30 5% Oct 92% July 23 Goods Dry Common 22 Jan 100 3 123% Dec 15 12% Apr 89% Sep 97% Nov 28 14% May Associated 27 Sep 31% Sep 22% Mar 11 58 96% Feb 26% May 29 .15 104% Dec 75% Jan 31 2nd Mar 27 27 18% Sep 25% Sep Aug 26 94 Jan 98 18% Mar 25 33% 9% 57% 86 56% No par ——2.50 1 preferred $1.50 series—No par Inc Refining Oil 33% 9% 9% *85 Industries Ashland 33% 34 9% par par par par Co com Corp—. Carpet Co Inc Artloom Arvin 6 32% Jan prelerred Constable Arnold 2 22% Nov 22% July 25 101 Dec 16 20 9 10% Mar 26 9 14 ll'/a Sep 15 Illinois com ol Co & No No $3.75 prelerred No $4 convertible preferred—;.No 7 19% Jan 25% Sep 25 Va May Jan 97 33% *17% 18 17% If Dec. Dec. 10 18 18 the Week Friday Thursday Dec. 9 18% 18% 18% 18% 10 5 Corp $6 conv prior 10 114% Dec 21 16% May 23 5 Armstrong Cork 57% Dec 9 Steel Armour Mar 25 93 77 Sep 48% Feb 116% Jan Armco 5 12% Mar 26 Mar 13 28 Sales for TRICES Wednesday Dec. 8 1 Argo 43% Jan 30% Sep SALE HIGH AND Tuesday Dec. 7 Par EXCHANGE Oil Corp 23% Mar 27 14 Sep 16 Monday YORK STOCK NEW Range Since Jan. 1 Highest Lowest Year 1952 © 1,000 B 5% Dec 16 73 16 15% Dec 22 Jun 67 10 38 *67% X44 Sep 44 10 —50 *37% 10 20% 7 10 12 Nov 19 17% Mar 12 Jan 23 37% Sep 15 39% Feb 22 18% Sep 25% Mar 19 Bath 11% Dec 5 9'/a Sep 18 14 11% Feb Bayuk 40 Dec 22 107 9% Feb Dec 31 21 33% Apr 16 94% Apr 16 27 42% Dec 4 34% May 20 93 Jun 5 112% Dec 7 100 Dec 9 14 16% Mar 20 Beech 29 Beech Creek 30 Jan 12 33% Jun 20 10% May 16 31% Jan 31 May 19 33 % Jan 27 17 14 Feb 30% May 26 5 15% Jan 19 10% Nov 13 Dec 9 17% Sep 15 26% Feb 23 18 % Oct 27 28 Feb 28 16 x91 Va Feb 13 94 May 21 93 45'/u Apr 24 May 22 Dec 22 90 64 50 Sep 14 68 29% Jan 14 38 33% Jun 17 39% Dec.. 7 Jan 19 Jun 17 1 Dec Beneficial 82% Jan 38% Aug 26 15% Sep 2 Nov 3 15% Oct 20 18% Nov 28 22% Mar 17 Blaw-Knox 21% Jan 5 Bliss (E 26% Dec 10 Bliss & 22% Sep 28% Dec 2 14 15 15 15 36% July 13 16% Sep 15 21% Jan 2 12 % Sep 22% Dec 18 18% Apr 14 23 Dec 11 27 25% Nov 18 Oct 29 25 Jun 23 30 21 % Dec 29 29% Jan 2 6% Sep 25 1 11% Mar 6 Bon Aluminm Bond 1 13 12 Mar 3 3 54% Aug 28 52% Jan 14 61 Dec 9 Borden 61% Jan 9 15 95 % Apr 23 64% Sep 15 86 Mar 25 11 Dec 82 • 86% Jun 15 48% Nov 8 94% Jan 18 50 Dec 11 Boston 10% Nov 13 25% Jan 21 Dec 1 35 2 25 15% Apr 7 22% Dec Jan 18 38% Dec 12 30% Apr 24 37 33 Mar Sep 21 33 6% Sep 25 2 14% Jan 9% Nov 17 46 % Mar 15 11% Jan 19% Sep 28 33 % Nov 21 Bower 2 7 42% Feb 2 Brlggs 35% Feb 4 17% Sep 21 9 103% Jun 4 21 27% Jun 5 91 .May 28 22% Jun 15 Jan 3 x50 45% Jun 9 11% Sep 25 50'% July 14 13% Nov 4 20%-Sep 14 10% Sep 15 54% May 29 11% Oct 31 12% Feb 51% Jun 20 Oct 23 22% Oct 16 13% Sep 15 76% Jan 7 14 63% Dec 17 3 20% May 26 27% July 24 157/s Dec Feb 26 16% Dec 16 20 41 12 72 % Dec 81'% May 29 50 4 Aug 99-Vb Feb 3 Sep 15 46 Dec 1 17% Ja-n 2 36% May 7 40% Feb 14 35% Jun 14% Nov 7 19% Jan 3 M)% Oct 22 14 92% Apr 14 84% Jan 8 76 Jan 25 84 16 Dec 22 18% Jan 7 Jan 2 14% Dec 31 12 118 Apr 26 129 83"% Dec 4 14"% Jan 17 Jan 3 19% Oct 28 26 14 108% Jan 19% Nov 12 25'% Apr 104 % Apr 24% May 16 1% Oct 28 7% Apr 30 22% Jan 2 9 July 17 78 Jan 30 17% Feb 3 3%% preferred Burroughs Corp 6 15 9 Bush Terminal Co Jan 21 146 Jan 9 40 35 31 79 v 4 15% Feb Aug 28 15 Mar 16 12% Feb 26 14 27% Mar 20 102'% Oct 30 109% Mar 10 4 16% Sep 15 24% Mar 12 Jan 2 20% Oct 7 3% Jan 22 1 % Dec 8 29 10% Jan 26 Dec 17 12 11% Jan 7 6'% Sep 15 20% Sep 24 10 Sep 15 4 95 Jan 14 86% Oct 7 19 51 Sep 5 46% Jan 22 20 Jan 11 31% Nov 17 40% Mar 31 X46% Nov 25 56 Apr 3 16% Jan 31 97/b Oct 15 _ 16% Oct 9 rTIM. , „ 18% Jan 30 For footnotes see page Butler 28. 27% Jan 3'% Mar 9% Mar 27% Jan 13% Mar 102 Jan 54% Nov conv Bros 23% 23% 23% 2,700 20 '/h 21 20'% 20% 20% 20'« 20% 20 % 2,700 *92% 94 21 % 94 */» 61% 61% 61 % 39 39 38% 39% 111 111 *110 114 1 1 145 145 145 California Callahan Zinc-Lead 2 Calumet 14 19% May 25 ' 700 6,900 68% 68%' 37% 37% 37% 37% 37% 37% 37% 37% 800 16% 16% 16% 16% 17 17 171/4 17% 17% 3,200 14% 14% 14% 14% 14% 14% 15% 15% 15% 17,600 23% 23% 23%' *23% 24 24% 26 % 25% 26 28% 27% 277« 27 % 2778 28 28% 28% 28'% 46% 46% 47% 46% 47% 47 47% 47% 48 22% 21% 21% 21 % 21% 21% 21.% 21% 217* 23% 22% 22'» 22% 22 "2 22% 22% 22% 23 6% 678 61a 6% 67 b 6% 6% 6% 6% 670 13% 13% 13% 13% 13% 13% 13% 13% 7,500 117 a 12- xll% 11% 1,000 61 61 74 74 % 14 11% 11% 74 92% *92% 94 *92% 94 49% 49% *36% 61 72% 12 49 % 49% 48% *92% 61 1,200 550 4,400 74 *92 497 k 1,900 6,600 20,500 61 74 94 49% 49% - 390 5,100 10 92% 49% 50 , 2,500 7% 8 7% 9,000 41% 27% 6% 23% 36% *36% 42 41 43% 41 41% 40 40% 39% 40'% 11,200 27'% 26Ta 27 26% 26% 26 26 26 26 20% *93% 26% 53 *12 63 14% 22 11 *72% *53% 10 5 1 100 100 5 1 10o 27% ' 7% .. 6% 6% 6% 6% 23% 23% 23 7 k 23% 24 36% 36% 36 % 36% 36% 36% 36% 37% *36% 37'% 36'% 36% 37' 37 20% 96 267k 20% 20% 20% *94 20% 95 26% 53 12% 63 ' 26% 53 12% 63 14% 21% *62 14% 21% 10% *72% 54 14% 22% 11% 74% 53% 27% 28 24% 20% 96 26% *52% 12% *38 10% 83 * - *68% xl4% 11% 20 *94% 26% . 52 12% 62% 14 217k 10% 74% 53% 11 74% 54% 28% 83 72 14% 11% 146 146 *37% 38 12% 12% ,80 80% 7% - 7% *21% 22 *105% 106 *17%" 17% 23% 24 - 1% 1% 1% 1% 7% 7%:. 7% 7% 90%- *94% 26; 26'% 5,500 52 52 52% 3,100 12 % 12% 12% 61 % *61% 14% 14 14% 3,300 22% 22% 21% 22 3,100 Pacific Ry Mills 11% 74% 100 *53;% 54% 1.200 27% 28 27% 27% 27% 5,500 37% 37% 100 11 11 % 132,900 *81% 83% 210 *68% 72 11 38 *37% 10% 82% 68 % 72 14% * 11% 83 14'% , 14 12 *111 121 *111% x38 38 *33 12% 80% 105% 50 17 % 1,500 23% 2.800 1% 8.500 17% 17% 23% '7% 17% 23 1% - 1% 1% 7% - 7% « 7% ; 400 8.200 21% 2J 21 20% 21 1.100 11% 11% 11% 11% 11% 12 '7,700 90% 21 % 90% 90% 90% 90% 90% *21 ■ *52 Va 54% *21% 21% ' 54 53% 53% 53 % 53% ..Nopar ?i% *21% 21% 21% 21% 23% 23% 22T'kj 23% 22% 23 22% 22% 22% *44% 44% ♦43%'. 44% 44% •43% 1 *43% 9% *43% 44% 9% 9% 9% 27% 27% 27% 27% 27 17% 17% 17% 50 400 35,600 44% 9% 9% 934 4,700 27 Vk 27% 5,500 17% 17% ♦17 % 17% 800 . * =' 23 110 27% 9% 27'% - ' 27 9% 9% 5 17% 2,200 21% *104% 105% •53% 17% 160 7% •21%' 17% 80% ' 21% 54 10 80 3.400 7% 23% 1 Mfg Co 100 590 38% 21 % 105% 7% • 12% = 80 7% *21 ; 7% 12,400 12 121% 12% 30 % 12% 1% Carborundum Co 14% *11% *11% 23% Capital Airlines Inc (The) 17,200 11 *73 54'% ..No par Breweries Ltd 300 74% *73 54% 21% *53 500 62 54% 11 11 21% 100 96 26 % 14% 74% ~ 9,700 x61% 12% 62% 14% 22 23 • 1% 20% 12% 127k 12% .81 81 7% 7% 21% 21'% *105% 106 17% 17% 7% 300 20% 51% *37% 38 107k 11% *83 85 *68% 72 14 14% *11% 12 146 146 . 38 38 11% 25,800 37% 26 52% 27% 38% 36% 36 6,900 11,300 *36% 96 *94% 70Q 6% 23% x23 25 Canadian (Philip) 6 % 6% 6% —5 90 % 7 7% 7% 7% 7% 23% 7 23% *37% 38% H 11% *82% 83 *68% 72 14% 1a *1172 11% *145 146 *37% 38 12% 13% *80% 82% x8 8% *21% 22 *105% 106 17% 17% 23% 7% ^.1 _ Inc .Canadian Carey 146% 107 k " 16% Sep 22.200 69 Canada Southern Ry Co May 27. 4,300 51% 146% 10% 27 30 30% 51 % 1*5 68 30. 14 30% 51% 51% 10% 91% 23% Sep 307, 30% 14D 69 *90% Cannon 1,100 10% 11% 5 24% 69 11% Jan *24 10% 21 % 13% Jan 29 24 % 69 11% 54 40,500 10% 21% 5 200 1% 10% 11% Jan 4.900 1 68% ,_No par 34 5.100 10% Canada Dry Ginger Ale com...1.65% $4.25 conv preferred ..No par 21% Nov 13 38 % 68 60% 8 Packing Corp & Hecla Campbell W & C Foundry 3 61% 114 11 21% 29 1,000 1% 23% 146 % *146 *110 1,800 94 60% 38% 114 *111 1 . 39 x38% 1% 1 *92% 61% 61 61% 39% 1% 94 *92 % 94 *92% 61% 73 common 2 17% Apr 24 9% Nov 18 pfd. prior preferred 2 21% Sep 44% Sep 14 30 23% 11% 50 15 4%% preferred ; 100 Butte Copper & Zinc 5 Byers Co (A M) common Nopar 7% participating preferred 10o"' Byron Jackson Co 10 5% 66 5% Sep ; Bush Terminal Bldg 7% 16 19% Sep Dec Xl6% May 26 Dec 3 July 15 11% Sep 30 43% Jan 89 Burlington Mills Corp common 4% preferred 91% Jan 2 12 78% Jan 28 Bulova Watch Co Inc 2 14 125 8% Nov 13 Apr 11% May Bullard Co new 2 Mar 23% 60% 1 43% Mar 7 23% 71% Nopar Nopar 17 Jan 23% 59% No par 317b Nov 16 10 Oct 1 33 8 10 U 39% Sep 14% Dec 64% Dec 6 23% *11% 2.50 . Budd (The) Co common $5 preferred Buffalo Forge Co J 16% Mar 25 «3% Feb Jun * 8 July 66% Jan 5 22% Mar 17 287k May 20 Jun 67 _ 54 jan 29 13% July 20 13% Sep 74 Apr 18 9 10% 23% 727 a 2.50 too Nopar —40 1 15 Brunswlck-Balke-Collender—Nopar Bucyrus-Erle Co -5 27% Jan 29 95 30 *10% 60% Bristol-Myers Co common 3%% prelerred Brooklyn Union Gas com 5% cum conv preferred Brown & Bigelow Brown Shoe Co Ine—'. 26% Jan 20 Jan 24% Oct X23% Nov 10 33% *29% 10% 30 100 5 Co Stratton— & *32% 30 *10% 72% 92% Co 5 Brlggs Manufacturing Corp..Nopar 39% Aug 17 33% 10% 60 Brass Bridgeport 25% Mar 10 15 Sep 22 Sep 21 *32 % 30 10% 100 preferred Roller Bearing Brnniff Airways Inc 5% 9 33% 29 % 10% RR— Common 13% Mar 19 7 Sep 11 33% Sep 15 21 14% Feb 47% Feb Co Maine « *32% 29% 10% 5 100 15 12 Edison • Inc—1.25 Club (The) Borg-Warner Corp common 3%% preferred Boston 39% Nov 13 Co 33% *29 25 Book-of-the-Monlh 49% Jan *32% 10% 22% 6% 137s 11% 5 No par Inc 50 2,700 68 37 16% 14% 23% 27% 46 21% No par Stores 79% 33%. 144% 107a 5 Brass Corp A 79% 29% 51% 7.50 Co & Ami Co class 81 10% 30% 2.50 ; Co Class B % Mar 12 14% Aug 13 15 Jan Bolin Inc Chemical Airplane Boeing 3 29% Mar 18 12 Laughlin 2,600 10% 51 10 1 Co 15% 10% 30% No par (Delaware). Co W) Blockson 26 23% Mar 18 12 % Sep 16% July Oct 49 Mfg Col Decker & 19% Sep 15% Mar 15 11% Jan 4%% Black 15'% 10% 51% Blgelow-Sanlord 13 340 15% 10% 30% — 100 Carpet (Del) coin.5 pfd series of 1951 100 98% 10% 50% prelerred 98% 10% 30% 11 98% *79% 81 51% 15 150 115 *111 15% 15% 31 Jan 2,700 X98 % 100 30% 50% (Del) com—No par 114 *110 1 146% Dec 31% Apr 30 76% Sep 2,500 20 24% 19 7% 42% 24 Foods 16 42% 24% Best 10% Nov 23 63 Oct 8 3,700 42% 24% 135% Jun 7 84 Jan 14 39% Mar 12 18 Va Jan 9% *41% 24% Best —— 20 9% *112 1 24% Benguel, Bethlehem Steel 38 19% 116 5 146% Aug 2f 22% Oct common—10 Corp 6 29 89% Jan 61 % 39 20 7 16 41% Dec Loan 800 10% 107 b 21% Cum 3 12% Oct 9% May 17 *92% prelerred Aviation Bendix Dec 139% Apr 6 23% 27% Jan 30 12% Nov *10% 57% Jan 22% Nov 25 15 31 15 *79% 37% Jan 22 36% Dec 6% Oct 81 5 29% Jan 55% Dec 17 15% 15 22 Sep 1 31% May 16 15 Oct 1 3 32 Howell Co common & 4%% 12 1% Jan 111 29% Mar 16 15 80 10% *32% 29% 15 pfd $3.25 ser of 1946.No par Cousol Mining Co—1 peso & Co.— —1 93 46% May Oct Jan % Mar 20 12% *37% 115 *112 15% 44% Sep 11 1% Mar 1 106% Dec 1% Nov 14 Bell 22% Mar 13 1 Oct 800 12% 42% I —10 Corp 10 43 9% 9% 42 99% - 68 43 20% 9% *79 7k 68 38 20% 80 1,200 70 44 9% 38 112 14,000 1,700 17% *37% *37% X20 9% 112 41% 17% 9% 38 112% 20 7b 41% 17 %. 12% 20% 42% 20% 42 17% •12% 9% 42 21 43'% 20% *37% 99% J 50 20% *67% 20% 38 1,400 *41% 12% 12% .,12% 10 ItR Aircraft Bell 2 28 12% 99% Beech-Nut Packing Co 14% Apr 17 % 99% Beldlng-Heminway Mar 16 14 42 17 99% Aircraft Corp 9 21% 41% 17% 5 22 Sep 16 20% 42 17 3% 100 9 8 87 21% 42 17% 12% 8% ♦ 1 22% Mar 86% May 17 20 78 42% 42% preferred 18 14 21% 112 preferred—100 100 Bcaunil Mills Inc 2.50 Beck Shoe. (A Si 4%% pfd J00 conv 4%% ' 8% 42 12.50 v prior 3%% 41 8% 9% No par Cigars Inc 14% Nov Apr 25 Corp 79 % Jan 4 Sep 30 Oct 7 12 25% Oct — — Works Iron 22% Jan Oct~22 78% Feb 87 common Beatrice Foods Co common 90% July 28 16% Co preferred 4%% 18 ... Wilcox & Brothers Barker 19% Jan 20% May 23 x4 70 44% Babcock 24% Dec 41 7 May 16 % Sep 26 Nov 24 54% Dec Oct 36 70 *44 14 23% Jun 11 42 *67 7a 45 15 9 22% Mar 17 23 15,500 70 48% Mar 25 Apr 6,800 8% 45 12% 30% Mar 19 65 % Jan 4% 447» 8% 10 117'a Mar 26 6 11 20 4% 44% 8»a Barber Oil Corp 14 Oct 41% Dec 36 Va Feb 4 % 44% 8% 76% Mar 17 Sep 20 49% Nov 13 % 43% 8% 59% Apr 8 23 11% Jan 29% Dec 4% 42% 42 22 6 20 4% 41% 4% 41% 8% 21% 42 017 ''67% 35% Jan 8% Oct 4% 41% 4% 4% 1 (The).Nopar Baldwin-Lima-Hamilton Corp 13 Baltimore & Ohio common 100 4% noncuimiiutive prelerred—100 Bangor & Aroostook common 50 Convertible 5% preferred 100 10 17 % Feb 18 14 30 Inc (T) Babbitt 9% Jan 39% Dec 22 31% Oct 7 10 4% Dec Volume 178 Number 5281 . . . The Commercial and Financial Chronicle (2315) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1952 Lowest Highest 104% Jan 34 Range Since Jan. 1 Lowest Highest 9 116 Aug 5 411/2 Dec 10 103 % July 20 Feb 20 39% Oct 30 53% Jan 28 23 36% Dec 4 39 % Sep 34% Jan 4 55% Jan 5 39% Jan 10 10% Feb 20 22 v 21 Oct 142 Nov 3 58 Dec 14% Dec 3 30% Apr . 18 154% Aug 21 66 Dec 31 10 19% Oct 5 150% Feb 26 (i 110% Jan 2 15% Oct 24 19% Jail 2 131'A Dec 94'/a Nov 16 Oct 15 17 % Jun 19% July 30 6 Oct 20% Mar 12 9% Feb 23 17% Jan 28 7 35% Dec 47% Jan 17 60% Dec 10% Jan 29 13 14 36 / Apr 24 Nov 15 40% Aug 18 110% Oct 2 19% Oct 29 21% Nov 25 15% Feb 5 24% Oct 9 Feb 20 24% Oct 7% Feb 7% , 5 '/o 1 Feb 6 110 10% Nov 25 10 Jan 29 6 Jun 2 •41% 46% 473/4 473/8 483/4 473/8 4824 12% 12'4 300 15'A 11,500 •74 77 •763/4 78 •763/4 •123/4 13 •12% 13 12 3/8 15% 16 '4 x 50% 20% 4734 118 15 'A •117 50% 50 104 Sugar 3/4 118 51 51 104 •103 15% 15% 15 117% 118 117% 117 52 ya 50% 104 103 51 % 103 90 50% 4,100 104'A 100 20 y8 •103 27,300 20% 20% 20'A 20% 108'A 108'A •108% 109'A 108'A 20% 109% •108% 68 y8 683A 68 68'A 67% 16% 68% 67% 673/s 16% 16% 7,800 16 16'A Xl6 16% 16 16 3/a 2,600 •16 •15% 16'4 •1534 20% 20% 20 y8 4%. 5 5 16 >/8 16 16'A 20'4 20'4 20ya 20% 5% 51/8 5% 4% No par 30% 30% 29% 29% 100 69% 69% •68% 69% 12 12% 12% 12% 12% 39% •39% 39% 39 Gas Ac Elec—No par • 39% 100 105 105 >104 20 28% 109 16 180 16 900 •20'/a 20'A 1,300 43A 4'4 3,700 2,000 5 28% 283A 28 28% 69 % 69% 69 69 12% 12% 12% 12% 12'A 39% 104 29 69% •69 105 16% 20% 20 39 39% 104 400 •39 105 •104 1043/4 20 20 20 20 20% 3,500 163/4 800 19% 19% 19% 16% 16% •16'A 16% 50 •16% 16% 16% 16% •16 &. South West Corp 5 Violeta Sugar Co____ 9.50 Century Ribbon Mills No par 16% •16% 23% 15% 16 23% 23% 23% 23% 23% 23% 23% 10% 23% 10% 233A 10% 10% 10 % 10'/a •103/8 10% •1034 Central Central B Dec 9 58% Feb 8 23 16% Apr 1 11% Sep 14 15% Mar 20 Certain-Teed 33 % Oct 28 42 8 30 15 37 Chain de Cerro 3 1,700 '104 19% 16% 10 5 3,100 3934 19% 17 % Mar J 6 % Mar 12 19,900 117 493A ! 300 16% 1 common 153/8 78 12'A 4,600 42 683/4 108 5 Co 15'4 48 3/a 60 41'/a 68% 108 No par — 15% 120 •103 20% 47% 108 16% 23% Dec Feb 41% 41 19% 10 38% Jun 41% 13% preferred Class - 42 108 43 10 25 13 •41% 109 50 28% Feb 9 4174 77 Central Illinois Public Service Central RR Co of N J class A 24 14 15 Ya 20 Illinois Light 4%% - 42 •1073/4 13% 100 of Georgia Ry preferred series B "Central 45 1083A 12.50 common-. Aguirre 5% 40% 46% *103 Shares •1073/4 •74% 10 the Week 40% 1 118 Friday Dec. 11 108'A 108% 50 _ Foundry Co 13% Oct Sep 41 preferred 6% Sep 19% Oct Feb 41% preferred series A_100 Central Hudson ' 21 41% Corp Central 42% Mar 25 20% Mar 20% Dec 40 ' Mar 27 28% Feb 3 40% common Central 30 13 14 17 rH 0 00 n* 100 Central . Dec. 10 10 preferred Corp Thursday Dec. 9 40'/2 common conv ^Celotex 22 73% Jun Co 2nd 4 %% 26 4UV'a Jan (J I) Wednesday Dec. 8 '107% series General Sales for Tuesday 7 5 preferred 4% & c. No par Preferred 4.20% 1 100 Celanese Corp of Amer com__No par 5 24 31 *34 2 Jan 14 % 15% Dec Apr 6 17% Jun Sep Ohio Ry_100 common preferred Caterpillar Tractor 20% July 27 . & Light 7% 24 12 16% Apr 8 Feb 38% Jan Jun 14'% Sep 18% Jun 9 Case 2 v 11% July 14 35% Jun 16 97 5 16% Mar 18 24 59 % Sep Conv 19% Mar 25 15 27 Jan Corp Carriers 9 98 19 4% Sep 5 133% Jan 15% Sep 2 15% Oct 30 19% Feb Mar Jan 105 22 nday Par Carpenter Steel Co 143 - 67% Dec 10 H 22 8 15 Oct &■ Carrier 65% Jan 9 8 Dec Jan 104 108 Power 10 14% Mar 27 ' STOCK Clinchfield 16 72 115 2 30 Carolina Carolina 9 Jan 25 16 7 3 33% Oct Dec 48% Dec 12y8 Sep 24 14% Sep 104% Aug 51% Jan 2 99 Vu Jan , 49 2 Sep 17 45% Sep 21 96% Jun 23 47 'A Jan . 45 YORK EXCHANGE 113'% Mar 19 14 21% Jan 34% Jan NEW Continued—Page 3 LOW AND HIGH SALE PRICES Pasco Belt Corp "6% Corp 1 Co 7 21'/a 5 Products •16 21% •6% x21 6% •6% 21 20% 12 12'A 12 12% 31% 31% 32 32'A •31% 34% 10 34% 34 34 •33% •97 99 12 7 163/4 17 •6% 21 % 21% 12% 12 32 •31% 7 21% •153/4 400 14,300 11 •6% 400 7 21 215/8 6,600 12'A 12 12% 5,500 32 31% 31% 600 333/4 900 Champion Paper & Fibre Co22% May 1 30 July 24 26% Jun 16 34% Dec 3 92 % Jun 22 103'% Jau 30 4% Sep 15 Jun 18 5 % Oct 23 8% Jan 17 May 17 34% Jan 26 26 Sep 15 31% Feb 4 2 39% Dec 10 32% Sep 15 41% Feb 2 81 % Jan 4 88 Dec 23 85% Oct 27 16% Feb 20 Common 98 28 33% Jan 105% Oct 21 80 $4.50 7 % Mar 27 Jun 3 23% Dec 23 12 Sep 15 27 20 21 Aug 31 15% Feb 21% July 20 7 17% Jun 16 18% Feb 20 28 % 12 17 Oct 7 20% Jan 17 34 % Dec 1 27 % Oct 6 34% Jan 18% Dec 17 12 Sep 14 18 Jan 28 10% Dec 18 Sep 15 10 Jan Oct 6 Vo 18'A Oct 15 24 *39 % Feb 27 51 % Dec 23 40% Sep Jan 16 20% Apr 26 11% Nov 23 20 42 % Dec 30 34 45% Apr 61 % 32% Feb 11% Nov 23 6 Aug 31 56% July 23 41% Oct 75 59 9 81% Jan 11 23 Nov 3 95 Oct 6 89% Jun 25 59 . •28'A 300 28'% 5% •28'A 28% •28% 28% 28'4 28% •27% 28% 100 33% 34'% 33% 333/4 14,700 Jan 8% Sep 18 12% Feb 6 7% Oct 13 27 18 Jan 8 10% Sep 22 4% Mar 12 1% Oct 13 6% Oct 13 14 29% Nov 5 68% Feb 27 13 Mar 12 48% Jan 25 23% Dec 10 39 Dec 30 60% Nov 24 33% 33% 85 85 •85 86 200 16% xl5 15 40 15 15 24% 24% 24% 1,300 24% 24 24'/« •24 24% 23% 24% 900 19% 19% Ind & Louisville Ry cl St series & 5% 31% Jun Chicago Co 5% 9 Jan Jan 21 Chile Copper 19 7 102 Jan 2 4 35% Jan 22 55 Dec 4 Jan 28 14% Dec 303A Dec 2 C 6 95% Jan 2 9% Sep 15 9 City 30 14 Oct 95 Jun 10 14% Jan 102 Jan 12 27 % D*c 11 33% Mar Dec 11 17 3 90 83 % Feb 7 74 'A Jan 5 48:,A Feb 21 July Sep 10 75 Nov 27 48% Dec 22 31 Oct 5 4 152 155 Apr Dec 29 5634 Sep 9 80 105% Mar 12 110 Apr 4 65% Jan 14 75 Dec 29 37 % Jan 26 44 Sep 3 ... 80 Mar 24 Feb 47% Jun 100 Jun 10 Aug 90 Nov Clark 6 30 5"!o July 14 16 54 'A Nov 24 12 109% Jan 19 70% Aug 10 75 Cleve Mar 23 41 Sep 21 44% Mar 19 18 Sep 16 25% Apr Clevite 43 '4 Mar 20 Climax 29% Oct 9 Climon 81 % Apr 3 91 Jan 18 8934 Jun 12 97% Nov 25 3% Oct 24 63A Jan 2 Feb 4 24% Oct 22 32% Jan 4 136% Aug 23 Jan 2 17% Oct 15 5 Sep 14 28% Apr 6 2 128% Sep 3 136 4 78 Jan 2 Nov 107 Oct 9 125% Feb • 874 Jan 7 875 .__ 443% 43% 44 44 44 43% 44'A 43 % 44% 1,800 12 12% 12% 12 3/8 12 12% 12 12 J 00 11% 11% 5,400 35% 353/a 35'A 35% 35 com_No par 35% 351/8 35'A 2,800 •50% 51% 51% 513/4 50% 51 503/4 51'A •66 70 •66% 69 •66% pfd 100 88 Jan cum 6 conv 14 20% Mar 17 60 % Mar 24 Colorado 12 50 Sep 11 28 47 Sep 1 Colgate-Palmolive Southern 38 % Jan 8 50% Dec 2 1 38% Jan 9 50 % Dec 2 16% Jan 12% Dec 7 15 11% Jan 29 19% Dec 11 Columbia Nov 26 591/2 Mar 6 67% Dec 11 $4.25 5 11 42% Jan 3 20% Jan 2 11 61 % Apr 27% Aug 63 4 13 30 4434 Jan Nov 14 34'4 Oct 20 38% Aug 17% Oct 27 35'4 Jan 37 Sep 23 % July 15 2 15 Jan 5 51 % Mar 17 27% Dec 3 Columbus 19 28 24% Jan Nov 6 31% Feb 7 27% Jun 10 32 Dec 7 Consolidated 12% Jan 25 14 11 Feb 25 Consolidated 19 10 42% Dec 11 Consol Edison 109'A Mar 27 103 % Jun 2 109% Jan 5 10% Aug 33 52% Oct 16 11% Jan 23 64% Feb 4 27% Sep 8 39 '/a Dec 12 9% Oct 15 9 Mar 24 16% Apr 34'/a Jan 15 2 11 Apr 27% 27% 27% 27% 273/a 27% 27% x273/8 28 96 97 95% 96 95 96 96 com 12 18 4 2 89% Sep 23 95% J"n 4 13 58% Nov 6 02 5 99 Jun 16 87 May 20 97% Jan 8 $3.75 16 117 Nov 6 $4.25 108% Sep For footnotes see Feb page 8 28. 112% Jan 16 25% May 21 133 2nd 16% 17 5,800 45 350 45 52 3A •52 80 130 52% 53»/2 10 ; 4 8 3/4 49 48% 49'A 49 49'A 48% 2,400 1! 48% 48% 49 48 49'A 48% 49 48 48% 1,400 12% 12% 34 12% 12% 12% 123/4 12% 123A 61,500 18'A 18'A 19% 14,100 66 67 67% 280 43% 43% 43% 433A 4 44 4,200 27 44 3A 27% 27% 27'A 27% 27'/4 48 27'A 48 27% 3,800 48% 4734 48 47% 48 47 47% 36% 35% 7,900 36'A 35% 35 % 35% 35% 353/4 35% 17% 17% 17% 17% 17% 173/8 17'4 17% 37% 37% 10,100 37% 37% 37% 37% 373/8 36% 37% 37% 37% 37% 10,600 371/4 37% 373/8 37% 371/4 36 3A 37 •37'A 37% 37% 37% 37% 371/4 •37 37% •363A 5% 5% 6 22'A 22 . 6 6 32 6 22% 18 6 22'4 22 4'A 6 22'A 22% 4,100 7,000 900 37% 53A 1,400 6 22 3/a 213/4 22'4 21% 22 21% 22 21'A x313A 311/4 31 % 31% 31% 31 31 7% 7% 7% 7% 7% 7% 7% 41% 413/4 41% 41% 41% 41% 41% 41% 108'A 107% 108'A 108'A 6,100 211/2 3P/4 73/4 108 108% 108 . 108 4,400 700 5,300 41% 7% 423/a 13,200 108'A 108% 1,300 26% 8,100 & 5 26% •108% 27% 26 34 109% 108'/a 108% 100 •99 101 •98 13'/a 13 13 •13 12% 12 12 •11% 27 x26% X107% 263i 26% 107% 106 'A 106'A 100 '99 101 20 13% 13 13 1,000 12'4 12% 12% 55 56% 70 400 15 56% 57 56% 56% 56% 100 19 % 19% •18'A 19% •18% 19% 100 6% 6 3"a 5% 6'A 5% 19% 53A >18'A 1 53A Inc..__10c 5% •9% 9 3/8 9 9 8% 8% •8% 8% 3,900 300 16% 10,900 Inc Aircraft 1 No par com coin Co cum._No 10 16% 40 103 3/4 •105 44 % 100 17 16% 16% 16'/a 57 16 34 16% 40% 40'4 40'4 40% 3934 1033/, 104 % 103% 103% 103'A 104 106 105% 105% •105% 106'A >105% 44 % 100 44 •99% 40 44% 44 1C0 •99% 44% 100 yd'* 100 par 21% 21% 20'A 2034 21% 20% 92 34 93% 511% 91% ' 91% 91% •91 '/a 20 56% 57% 56% 57% 56 % 56% 56% No par •931/2 9434 •93% 9434 •93 94 •93 preferred—No par 130% 13034 131% 131% *129 132 129 common 4,600 . 40 1033/4 No par , conv 17 18% 22'4 pfd Stores Continental Can Inc preferred 16% 7% 100 ^ortihjental Baking lr-t $5.5p preferred , 17'4 66 •12 tj 16% 18% 32 4%,, preferred 18% Jan 3,200 17% 661/2 213/4 Laundries Corp Container Corp of America 45% Jan 14 5 No par 7 88'A 13% •65% 22% preferred 31 Jan par 18 Feb 401/4 •87 3/a 13% 53% No par 19% Dec 40'A 87% 133/4 53 preferred 96 4,300 40'A X87% 14 45 $4.52 48% Dec x40'A 89% 13% 443A $4.50 41% Aug 19 43% •88'/2 14 •52 Consumers Power Co f. 100 3,400 >860 •52% 40% Nov 11 86% 112% 17 44 22% Consolidated Natural Gas 30 423/8 89% 134% •853A 111% >850 433'a 134% 86 % 53% 109% Jan Jan •850 134% 9,600 80 r 112% No par Light Co •85% 112 53 108% Feb 45 112% 32 14 17% 10 Corp com 6% 134% 86% 1123/4 45 13 Retail 134 •85% 531/2 19 102% Feb 134 86 44% 23 17 134 114 53 35% Apr 23 3134 53% 99 Jun 31% 53% Textile Jun 31% 45 Vultee 93 31% 44% Consolidated 36 31% 53 Consolidated 8 313/8 •53 Corp___1.33% Consol RR of Cuba 31 4,100 " •99 Consolidated 43% Dec 480 2% 54 25 4,600 95% 2 3/a 53% par 30 X95 'A 43 50 150 2% •53% •49'A 1,900 2% •88 % 49'A 53% 104% 2% •53 49% 53% 104% 2% 100 100 Grocers •95'A 54 105'A 100 100 10% Jan 103'% Feb 16% Jun Y 53% .105 2% •850 17 44 533A 105 86 14 100 53% 105 113 43 series B 38% Jan 2 •133'A 87 -835 series C— 9 99% Jun 134 88% of Bait com„_No par 14 Jun 31 114% 14 22% Feb 12 2% 31% 88'A 10% Jan 26 2% 42% No par 58 17 89% Dec 133 % 113% 13 May 16 x31 •85% 15 38% Dec 2% 100 8% Nov 110 90 27% 100 15'/8 Sep 109% Nov 1,900 30 No par Elec 5 Sep 5% Dec 170 32'A 10,900 14 2 Jan of N 16 17 •85'A 75% 180 383/4 preferred Consolidated 90 32 38% Inc Jan 2 •85% 75% •168 383/4 23 3 99 27 88 75% 32% 180 38% No par Congoleum-Nairn 48% Jun Jan •85% 75% 32% >168 383A 12% Jan Jan 31% May 13% Apr 88 76% 33 180 38% 20% Dec 102% Jan 102 1 11 32% 383/4 pfd Coppermines 39'4 Nov 6'A Sep 343i Jun 24 •75% •168 37% Cigar 1 Consolidated •85% 25 21 % Apr 16% Apr 88 75% 32% 180 25 Co 20 34 Oct 18 32% •168 38 preferred preferred Preferred 4%% 75% 32% 37% Edison 2 12% Nov •85'A 76 180 17% 25 18 75% 32% 17 Cone 16% Jan 1,200 36% 27 % Jan Apr 22 15 '••T67 10 22 13 15 3 7'A Publishing Co___No Corp Power Co 15% 1 convertible Preferred 4% 15% 2,900 No par 2 9 15% 19% Co. 28% Jan 7 15% 19 Solvents 28 Mar 26 15%l 27% 2334 Oct Jan •15% J71/8 ^7% Conde 28 153/4 Elec—5 37% Dec 102 1,500 15% 19% Ohio 37% Mar 16 Mar 3 8 110% Jan 28% 43% 17 10 27% 43% 17 10 28% 43 '4 32 'A Jun 15 28% No par 32% Jun Jun 28 3A 19% 2 Jun 28% 19% 37% Dec 23% Jun 28 3A 19% 17 91 283/4 19% 32'4 Jun 100 10 99 19% Engineering Inc_No 25 5,400 10 19% Credit 31 9% 99 19% Combustion Nov 79% 10 102 42% Commercial 27% Dec 80% 9% •96% •42 Commercial 105% July 15 79% 10'A 28% Co__ 18 113 80 102 •28%' 18% 31 19 •10 •98 66 31 27 79% 10 102 18 103b Feb 23 81% 10 65% 35:«A Dec Feb 80% •98 10% 620 5,500 42% 8 Gas 82% 101 12% 34% Dec 97'A Jan 10,300 9% 67 10 25% Oct 81'A 81 % •98 18% 26 106 15,400 •42 2 Consolidated 29% 42% 6 $5 29 54 18% 14 2 30 12% 6% Dec X106'A Jan 29% •42 com 35 '4 Dec 3234 July J8 30% 42% 48% Dec 15 29% •41'/a pfd 32% Jan July 30% 41% 30% Jan Mills 293/4 41% 22% Jan 27 30% 5,600 72 15 9 54 •71'/a 11 Dec 051/4 53% 72 18 conv 22 951/4 533/4 •71% Sep Nasi, 22 96 52% x943A 72 Sep $1.32 22% 52 •71% 16 $1.40 29 96'A 52 8 713/0 38% Sep 7 22'A 953A 53 71% 31 53/4 Nov 24 22 96'A 52% 65% Southern Commonwealth 22 3 96 55 420 43,400 72 7 31 22% 96% 500 7% 25 72 11 34% Dec 22% preferred. No par Carbon & 61% common—No par Pictures cumulative Columbian 61 x29% Columbia Broadcasting Sys cl A.2.50 Class B 2.50 Columbia Gas System Inc No par 13% Jan 10% Dec •23'4 61% 54 No par 2nd 1 71/4 24% 61 stock__50 Ry 1st 39% Feb 7% 23'4 62% No par noncumulative 40 % Feb •7% 24'/a No par noncumulative 4 73A 24% 613/4 No par 4% 3 •7'A 62'A 96 com„_No Par 4% Jun 56% Jun Co Mar 24 32'A Jun 73/8 24% 105% preferred 65 % Mar 24 67 7% 24% 53% Corp___No par 14'/2 Sep Dec 2,800 6P/4 loo 7 Nov 1% 53% Collins & Aikman Corp Colorado Fuel & Iron 60 400 1% 2 1% 100 8% 11% 62% No par 5 59 2 >2,300 54 113A 105% preferred 27 8 1% •8 11% 54 (The) Nov Jan 73/8 2 93 8% 11% 21% 1 47% Jan Jan 2 93 93% •8% • 12,200 106 preferred 24% Feb 38 2 % 93 8% 11% 4,600 63% No par 90 39 93 8'% •113/4 62'/a 54 common Inlernat'l & x93 8% 11% 64% gtd___50 4% a 7 94 •8% -'•11% 11% 64 106 1% 11 Dec 64 1 RR cumulative 2nd $3.50 X63 % No par Jun 2 65% 69 25 25 100 Corp Coca-Cola 9 70 ,61% 5 common... 13% Dec 44 7% May 7% jo Co 40'A Oct 28 59 % Mar 27 27 •2 No par preferred 4% 95 •8% •11% 35'A 51% •67 64% 65% 94% JO 35'A 51 70 94 64% par 25 Corp__. Inc Coca-Cola Co •67% 1,000 Electric— & 80 18 2 18,400 25 2 Jan 30 'A Jan 44% 11% —1 9 24 Apr 41 37 11% com__No par 227/|i July 47% Dec 95 22% Feb 29 12 ; guaranteed Foods 4%% 7% 20 16 13% Oct 11% Cluell. Peabody & Co com 4 13 Oct 33 12 Molybdenum Clopay July 24 Feb 88 17 2 5 323/4 May 25 in3/* Jun —— 87 113/4 Corporation 19 40% Jun 12% preferred Pitts & Special 15 11 7 3,500 11% preferred Cleveland 22 :,A Jan 3 12 'A $4.50 preferred 33'A Sep 3 12% 6% Co new. 20 St Louis Ry Co com 100 noneiimulatlve preferred__100 Elec Illuminating com.No par 2 Dec 63/s 'Equipment 9 Jan 63/8 C C C & 25 % Jan 75 6% City Products Corp No par Stores Co common 5 4%% convertible preferred 100 39% Dec 102 6% Pac___No par & Co Investing 1 130'/a Jail 143/4 preference—No par Financial T 18% Mar 18 29 3/a May 14% City 9 443/4 Jan 172 I 5%% 5 15 12 14% 25 Cities Service 1 Feb 14% 6 3a ♦ 16 2 79 'A Nov 2,400 15 14% preferred 1()() Cincinnati Milling Machine Co. _-_•]<) 70% Oct 18 40% Dec 3,900 31% 4% 22'/a Dec 33:,4 July 140 20'A 30 3A Common 25 102 7 20'A 30% 6% Co Gas 171/2 Jun 114 4 21 30% 14% Chrysler Corp 14% May 12 28% Jan 6,800 2034 14% common 37 'A Dec 8 92 19% 20% 30% •6% noncum convertible 24% Jun 22 19% 20'A 30% 6% Chickasha Cotton Oil 91% Jun wni - 89 % Oct 19% 21'A 30 3A preferred series A 100 Yellow Cab No par 2 ' 103 4 19% 21 30 3A conv CJiilds Jan 19% 213% 30 3/4 14% Chicago Rock Isl & Pac Rlt__No 12 19% 20% 30% 6% Western convertible $3 19% 86 14% preferred series A Chicago Pneumatic Tool Cincinnati 2 A •85 A_25 5'/«, Dec ,, ~ 94% Jan Paul North 19% 86 No par _____—— Milw •85 50 preferred 5% 90% Jan 98 34 15% 13% Feb Nov 33% 16 Cliic 3% Feb 10 85 15% Chic 14% Feb 30 34'A 85 16 % A Class 13 9% Jan Oct 2% Oct 13 34 •15% 5% 70% May 27 95 10 .- •5% 82 % Mar 19 24 100 5% Chicago 44% Aug 6 62% Mar 19 28 •98 •5% 2 14 Apr July 25 51% Jau •33% 53/8 Corp (The) 1 Chicago Great Western Ry eom__50 13 Sep 49% Jan 72 % Dec 15 22% Jan 33% 100 5% Chicago 21% May 21 15 Mar 19 33% •98 5'A 6 7 34'A 99 5% Class 6 Dec 99 5% 21 1 99 5% 3%% convertible preferred 100 Chicago & East 111 lilt com„No par 5 28% Apr •97 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common__25 21 % Mar 24 12% Mar No par Manufacturing 1.25 26 % Mar 17 Jun preferred Checker Cab 28 % Mar 13 22 % July 22 • , . 20% 8,800 880 106% 20 <*3% 2,mo 100 100 21 4,600 92 310 56% 5,900 94 129'A , 310 19 20 The Commercial and Financial Chronicle (2316) NEW YORK STOCK RECORD Range for Prevtout .7% Nov 17 10% Jan ,163/4 Feb 15 17 30 183/4 Jun Nov 68% Apr 16 30 10 % Nov 56% Jan 2 19 y4 Oct 15% Feb Jan 25 28 25 % Dec 18 313/4 Aug 18% Oct 22 29% Jan 2 28 % Jan 12 51% Jan 23 % May 16 13% Mar 16 82 % Jan 7 Continental Insurance 14 11% Mar 25 Continental Motors 483/a Oct 13 623/4 Jan Dec 223/a 15% Sep 19% Sep 14 28% Mar 19% Sep 21 26% Jan 15 27 % Feb 2 6 10 Oct 23 69% Jan 5 87% Jan Jan 16 99% Apr 99% Apr 63 93 93 Jan 23 653/s Feb 1 73 Jan 10 178 33/4 Jun 12 52 Jan 28 9 55% Jan 26% Mar 25 Jun 18 68% Jan 70 Apr 1 89% Nov 15 9 93% Sep 14 963/4 Jan 19 93% Sep 15 98 Jun 25 67% Feb 6 78 Nov 1% Oct 9 91 Va Jan 9 25% Sep 21 24 24'% 203/4 21% 20% Corn series— 6'Jo Electric Dubilier 7 Ye Dec 12 25 % Jan 28 11% Nov 20 13 36% Feb 5 28 Jun 10 26 % Jun 16 99 % Jan 9 103% Jun 13 Oct Coty 2 Crane 34% Jan 33% Jan 6 393/8 Jan 30 20 3/4 Sep 15 92 % Jan 30 5 683/4 Sep 15 89 36% Dec Oct 14 36% Jan 5 15% Sep 20"% Jan 18 123/8 Nov 30 17 Jan 6 Feb 25 Jun 24 185 Jan 8 7% Jan 2 5% Sep 15 190 12% Jan 93/4 Aug 27 26% Apr Feb 20 10 6 15 29 21 573/8 Feb Jan 7 6% Sep 15 9% Feb 23% Sep 18 10 ,23% Feb 21 24% Sep 10 129% Jan 19 132 % Dec 16 3 44 Dec 39% Dec Jan 90 July 23 95 May 22 13 Jan 133/8 Dec 22 15% Mar 11 33% Feb 51 853/4 Jan 2 Jan 28 96% Jun 92% Jan 21 99% Jun 17% Oct < 22 16 88 8 Apr 39 12 36% Dec 19 92 11 Dana 57 16% Jan 16 38 3/s Dec Preferred Mar 16 86 Jun 3 97 Va Feb 24% Feb 5 17% Aug 31 9% Jan 14 25 52 15 15% Jun 17 26 % Nov 18 Dayton 12% May 14 Decca 15 47% Jan 5 2 Deere 5 52% Feb 2 13 153/b Jan 30 16 27% Dec 1 233/4 Jun Rubber Records & 7% 96% 71% 7PA 1% 92 92 Co , 1% 28 % 175 280 16% 16% 2,200 3% 3% 4,100 la/e 29 *1% 1% 28% 29 1,800 8,500 92 92 92 91% 913/4 300 26% 26% 1,000 11% 11% 6,900 26% 26% 26% 12% 11% 11% 11% 11% 28% 10 120 4,900 33A 26 3A 29 2,700 28% *28 Va 29 *28% 29 700 34 3A 34% 34% 341/4 34% 343/4 35% 9,100 101% :101% 100% 101 Va 100% 1011/4 *100% 101% 370 24% 23% 24% 77 76'A 76% 76% 76% *75 76% *75% 76% 500 15 15 15% 15 15 *143A 15% *14% 15% 520 12% 12% 12% 123/a 12% 12% 12% 12% 101 200 *170 6% *170 190 5% 6% 55% 24 ♦170 6 54% 24 24 190 *170 5% 9% 543/a 93/4 ' 30 54'A 9% 10% 24 3,100 12% 2,200 190 6 6% 54% 12,300 600 54% 9% 10 4,500 *28% 30 ♦28% 23% *170 6% 54% 9% 28 Va 190 6 6 % 54% 54% 293/, 241/a 30 200 ' 7% 73A *96 73A 7% . *96 963/4 7% 7% 7% 73/8 7% 96 96 95 543A 543/4 54% 54% 54 54 533A 54 73/4 7% 73A 7% 73/4 7% 73A 24% 24% 24% 24% 24% 14,400 95% 54% 25 >134 136 403/B *134 40% 31% 963A 7% 963/4 54% '96 136 *134 41 41 403A 413% 25 *134 41% 31% *31 31% 31 87% *86 25 *e6 87 % '86 87% *5 5% 5 5% 5% *141/8 143/e *14% 14 3/8 31 13,500 25% 800 136 31% 41% 41% 41% 4,60b 31% 31% 31'A 1,100 871/2 *86 5% 5% 120 700 73A 7% 136 *134 136 7% 85 86 5 4% *14% 143/a 14% 14% 14 Va 170 5 900 300 14% x37% 37% 373/8 37% 373/4 373/4 37% 37% 373/8 373A 2,400 X51% 51% 51% 51% *51% 513/4 51% 511/2 51% 51% 1,300 11% 11% 11% 11% 11% 113/4 11% 113/4 11% 11% 2,500 38% 38% 38 38% 38% 38'A 38% 38% 38% 2,900 87% 87% 87% 87% *87% 88% *87% 88%« 100 89% 89% 89% 89% *89% 90 *89% 90 *89% 90 96% *95 96 95 95 *95 100 *95 *95 96 • 38% 87% 150 18% 18% 18% 183/4 18% 18% 18% 18% 18% 50c Co 70 87% 96% 18 % 9% 9% 9% 93A 9% 9% 91% 9% x9% 9% 35% 80 3 6 3/4 35 % 36 35% 35 35% 2,100 13,400 1,300 10 25% 25% 25% 25% 253/4 26 25% 25% 25% 25% 24,400 20 31% 31% 32% 323/4 323/B 32% »323/8 32% 32% 32% 2,500 46 46 44 % 44 Va 44% 43% 44 _50 12% 123/a 12% 12% 12% 12% 121/4 123/e 13.50 27% 273/a 27 27 % 27% 273/a 27'A 27% Inc__ —100 Western & 36% 1 common. Lack 171 980 853A X34% 34% 343A 101 1 -80 preferred Delaware 1 %' 28% '91% 62 85% 163A 33/4 27 28% 29 176 163A 3% 1% 28'A *91% 17% 27% 1% 28 28% 72 *174% 175 3% 61%. 85% 100 Delaware & Hudson Deinwnre Power & Light Co 11 hi Dec ft Nov 27 1% 1% *54% Deep Rock Oil Corp 303/a Jan 33% Jan 103/e Oct *95% 73% 61'A 85 —50c 23% Feb 15 343/4 Sep 12 96% 61% 17 100 series C Preferred 3.90% 7% Sep 7 Pfd series B 23% Sep 15 283/4 Jun 18 40% Sep 21 Aug *95% 73% 175 10 series A 9 2 95% 733/4 11% series A 4.60% Preferred 3.75% Jan x95 % 74% 3% Daystrom Inc 10 Dayton Power & Light common—7 29 Jan 4 34% Sep 35% Nov 24 97 2,700 95% 17% 1 100 2.50 2o 92 63% Jan *94 *26% preferred series A Corp common 5% convertible preferred Davison Chem Corp (The) com Apr 28 3 96 60% :175% Corp common 83 16 *94% 12% Davega Stores 4 10 401/4 Nov 15 95 11% 33/4% 8 19 21 Apr 40% Mar 25 11 17 863/4 '943/4 3% No par Preferred 3.75% Oct 23 15 Jan 19 X85 96 73% 175 28 613/8 61 88% 17V8 Inc Jan 11% Oct , Cutler-Hammer 92 July 15 313/4 Jan 43 Cushman's Sons Inc 7% 15 82% May 28 96 283/4 Oct ' 17 Sep 74% *24% Jan 11% Sep 33% Jun *95% 10 600 223/4 61 9% Apr 49 58% Aug 13 16% Aug 6 24 96 *49'A 88 29% 43 313/4 Jun 12 36% Dec 19 May 15 13% Apr 33% Feb *943A 9% 138 141/4 May 95 293/4 15 13% Aug 20 62 88 3A 9% 23 Jan 49 % 175% 27 % Mar 20 8-% Mar 17 3,400 1,300 45 *293/8 4"% Dec 2 20% 8,700 50 5 Jan 85 8 7% Dec 20% 3% Stores 29% Sep 23 32 4 2 20% 22% 2 Inc Press 313A Sep 131 9 2 32% Mar 100% July 28 20% *44% Inc—2.50 Curtis Publishing common 1 $7 preferred —No par Prior preferred No par Curtiss-Wright common-' —1 2 8% Apr 53/e Sep 49% Sep 20% *49% 100 Cunningham Drug 94% Sep 20% 22% 2.5o preferred-. Cuneo 1 20% 17% 100 12% Mar 19 29 6,150 16% 50 123/8 34 % Jan Jan 2,400 233/4 443A 15 21 8 % Mar 20 21% 23% *16% 443/4 26% preferred 4%$ 21 24 X22% 77 18 29 20% 233/4 55% 223/4 26% Cudahy Packing Co common Mar 17 64 20 Va 24 55 44% 24% 21 Sep 21 % 24 3% non-cum Nov 27 543/4 Dec 73/4 Apr 24 ■{ 12 99 3 7% 203/4 173/B preferred 100 pfd 100 Cuban-American Sugar common__10 Cuba RR 6% 8"% May 21 16% 50 3/, 175 convertible 5% Mar 17 6% Sep 52 16 Dec 32 24 93 Sep <49% Jan 180 653/, May 26 22 Dec 55 ' 14 56 16 Va 223/4 of Amer common—.25 Crucible Steel 28 77% Oct\ 23 Mar 25 22 Corp preferred- $4.20 16 1,300 8,400 55% 44% *28% Zellerbach Crown 3 Jan 1,700 8 '49% —No par common__5 No par $2 preferred 15 35% Dec 103 75% 7% 45 *91% (The) 75% . 22% 733A 25 Crown Cork & Seal Common 2 153/4 Mar 8 45 100 Cream of Wheat Corp 75% 7% 11 56% 16% 49% 96 1 Corp common 75 2,400 10 3/4 16% 55% »16 1 perferred 11 8% 1 Co 3 3/4 Yo 273/e Mar 12 May 18 91 3 21 Mar 95 11 Shares 8 22% 61 100 1 Petroleum Corp the Week 183/4 45% 50% 88% . preferred 8 *18% 23% 95 Glass Works common 5 preferred 100 Cum pld 3 % Yo series of 1947_100 Corn Products Refining common_25 8 8 183A 45% Exchange Bank & Tr Co—20 3%% 8 *18% 23 *49'A 50 Corp——1 Corning Jan 2 1 56% X21 34% Apr 15 87 % Jun 8 Friday Dec. 11 76 •75 8% 243/B Sales for Thursday 11% 75 3/8 16% Preferred PRICES 8 8 22% Cornell Monday, December 14, 1953 . Dec. JO 183/4 *18% 8 Va 23% International 30 3 25 193/4 Jan 19 753/0 Inc 27 25 76% 8 223/b Cosden 19 28 753/4 1 16 Va Coty 22 53/8 Oct 11 56 16 12% Oct 129% Jan 10% 563/8 20 243/4 Jun 27 103/4 55% Jan 5 2 X32 % Nov 11 163/8 18 % Nov 15 May 22 97 10% 8 . 5 175% Dec 3% Sep 1 % Nov 2% Jan 30 18% Delaware Mar 31 161 Nov "26 38% Jan 16 28% Oct < Apr "43/4 7% *18% 10 Corp 163/e Nov 25 166 8% 18a/4 14 30 15 58 9 25 22 23 25 15 Sep 6 18% Sep 48 % Jan 8 7% 5 „ SALE Dec. 9 Cooper-Bessemer Corp common—5 Copper Range Co No par Copperweld Steel Co common 5 Convertible pref 5% series 50 Mar 18 22 HIGH Wednesday Dec. 8 *18% —— of Continental Steel 27 19% Sep Mar~21 17% Jun 66% Nov Continental Oil 5 15 Tuesday 4 Dec. 7 25 Fibre Jun ' Monday P« f preferred-^ Continental Diamond 3 44 % Dec 44 convertible 5Ye 7% Sep 67 28 3 30 13 25 2 14 Apr 75 STOCK YORK Continental Cop & Steel Ind com—2 10% Mar 17 20 •% Mar 17 93/8 Sep 6 81% Nov 26 7% Apr 15 17% Jun, 11 7% Sep 21 LOW AND EXCHANGE Highest •Lowest Highest 11 NEW Range Since Jan. 1 Year 1952 . Continuitf—Page 4 STOCKS Lowest . Rights 36 3A X44 15 aid ft —— Denver & Rio Grande West RR— m .Y r *36 44 1,100 12% 12% 6,100 27% 27% *43% ft ft ■ .. 6,300 hi ft 122,700 I ' Feb 62 30 85% Dec 27 74 97 10 July 30 Escrow ctfs for bu Apr 24 yy% Dec Dec "Wnen 9 87% 88% 87% 88" 88% 883/4 87% 60 593/8 591/2 *58% 59% 12,500 943/4 88% , . 883A 60 100 common issued" 943A 95 95% *94 953A 6,500 30 »A 30% 17% 2,400 88 5,500 ' Mar X70 4 Dec 95 81% Apr 28 23 17 99 Aug 22 243/4 Jan 153/a Oct 7 Jan 3 25% Dec 12 24% Jan 16 55% Feb 13 66 17 61 5% Jun 19 6% Jan 11 2% Dec 7 63/4 Mar 17 31 18% Feb 21 10% Dec 11 16% Mar 25 14 173/8 Sep 23 13 Oct Nov 2 18% 18%. 29% 293/4 *623A Detroit-Michigan Stove Co 1 Detroit 1 Steel Corp 17% Sep 18 3/4 Sep 19% Jun 16 18% July 11 27% Jan 21 15 20 3/4 Oct 16 24% Mar 10 Devoe 293/4 Oct 31 43 25 14 33 Diamond Alkali Co 95 % Jun 9 108 323/4 Jun 24 40% Feb 3 Jun 12 343/4 Feb 13 16 3/4 Jan 19 52% Mar 31 29 38% Nov 18 8 32% Jan 353/8 Jun 8 23 143/4 Jan 30 Jan 10 25 114% Feb 106% Apr 12% Dec Jan 3 30 Jan 22 4 Diana Distillers 30 Divco 12 29% Feb 21 39 Dec 1 31% Jun 12 413/4 Dec 3 10 Sep 16 141/4 Nov 25 133/4 Feb 26 12% May 13 8 52 24 Aug 13 Stores 823/4 Dec Dow $4 17% Sep 15 243/4 Jan 5 2 83 3/4 Jan 14 22 47 Nov 25 36 x92%Jan 8 Feb 13 12 3/4 Jan 2 15 91 Jun 10 1083/e Dec Common 119% Apr 25 109 Jun 4 118% Jan Preferred $4.50 series Preferred $3.50 series— July 3 51 Junlo 52 10 893/4 Jun 23 97 25% Sep 14 42 Apr 27 47 % Apr 23 30 % Dec Jan 48 52 Dec *18% 18% *18% 18% 18% 18% *18% 18% 200 203/4 203/4 20% 203A 20% 20% 203/8 20% 3,600 27% 27'A 27% 27 % 27% 271/4 100 27 Nov 19 10 49 % Dec 9 43% Jun 4 48% Jan 83/4 Apr 25 10% Jan 7 9% Jan 6 10% May 15 DWG 233A Mar 11 27% 100% 99% 99 % ♦993/4 100% 34% 343A 343A 34% 34% 34% 341/2 33% 33% 33% 33% *33% 33% *33% 33% 33% 333/a 11 *103/4 10% 99% 993A 100 34 4,200 290 100 34% 2,900 700 11% 10% 103/4 *11% 11% 11% 11% 113/4 113/4 11% 11% 11% 11% 1,400 283A 29 28% 28% 28% 283A 28% 28 % 28% 28% 6,700 11 11 10% 11 11 11 11 11% 11% 11% 6,000 41% 41%- xll 11% 80 % par (EI) 81 373A 102 11 10% 81 37% 823/4 37% 102 102 37 % 102 >. 41% 40% 403A 41 41 1,000 10% 10% 10% 10% 10% 3,700 15% 15% 15 15% 15% 15'A 5,000 82% 81% 37% 373/4 102 102 81% 37 % "102 821/4 373/8 102% 79 % 36% ♦102 813A 7,800 37% 20,400 1023/4 300 8,700 19% 19% 193/4 18% 191% 18% 19% 76 *75% 76% *75% 76 *75% 76 75% 75% *36 40 *37 40 ♦37 40 *37 40 19% 7% 7% 7% 7% 1,000 10% *75% 19% 7% 7% 18% •37 20 40 7% 73/a 7% 7% 3,300 14,200 & Co— 106 106% 104 II53/4 116 105% 104% 105 1043/4 1053/8 104% 1053/8 1153/4 115% 116 116 116 116 116% 116% 93% 93% 93% 93% 93 % 93% *93% 94% 933/4 933A 400 lo 30 30% 30 30% 30 30% X29% 30 29"% 29% 10,700 50 45% 45% *45% 46 46% *45% 453A 50 *51% 51% *51% 51% 51"% 52 *51 51'% 503A 51 50 473A 473/4 *473/4 48 48 48 % X47% 48 48% 48'A 1,300 5 *9% 9% 9% 900 5 51% Oct 27% 34% No par Nem x48% Dec No par No par com— Eagle-Picher Co 4% 18% 27% 1 Corp.— Duquesne Light Co $3.75 preferred$4.15 preferred Feb 4,500 100 Dunhill International 43 de 105/8 50c preferred 25 Pont 10% 20% No par Nov 99 45% Jan convertible Duplan 10% 18% 5 common Dresser Industries common du 1 8 Co July 29 29 973/8 Dec 79% May xll4% Jan Chemical preferred series A__ 7 13 % Aug 10% 10'A Douglas Aircraft Co Inc.——No Jan 9% May 19 103/4 153/4 8 33/4% X10 % 15% 8 Dec 103A 10 % 15 75 10% 10% 41% 43% Jan 5 25 5,400 41 1023/4 Jan 84 Va Aug 2% 153/4 10 26 3/8 Apr 2% 10% 29 11 2% 40% 94% Jun 30 2% 153/e 33% Jun 80% Jun 2% 10% 60 21% Oct — 2% par 8 16 ' 2% No par 1 Jun 8,300 2% No par No Ltd— 65 % July 3 30 3A 64 2 44 % Dec 17 27 993/8 Jan *30'A *623A 1 Cup Co Mines 17% 30% 64 2 Ltd Pepper Co Dome *623A 50c Corp Corp-Seagrams Corp Dixie Dr. 23% Mar 10 29% 65 27% 25 105% Mar 29 Apr 36% Oct 32 Nov 18% 30 20 .100 12 17 17% 293/4 *623/4 64 23A 10% __No par common 13% Feb 73/4 Sep 16 Match 293/4 Nov 3 16% Jan preferred- cum 14% May 25 12% Jan 18 293A *623/4 2 9% Sep 15 10% Sep 21 2 2% 10 common $1.50 cum preferred Diamond T Motor Car Co__ Jan 17% 29% 64 5 Raynolds class A 4.40% 13 10 3/s Jan & Diamond Nov 8 Vilbiss Co De 1 Mar 17 25 12% July 30 1 26% Dec 213/4 May 27 Sep 8 Edison 95% *94 94% 20 (The) Derby Oil Co Detroit 11 Mar 64 94 10o Detroit Hillsdale & S W RR Co_100 243/8 Mar 23 303/4 Dec July 24 ctfs for preferred Escrow 4 preferred Cigar Corp *9% 93/4 9% *45% 9% 9% 9% 93/8 *45 45% 1,600 30 490 ■ 19 Apr 30 25 Jan 28 22 Sep 16 28% Jan 2 16% Nov 14 25% Jan 18 163A Jan 21 Jan 21 12% Oct 16 41% Oct 30 158 Jan 21 36% Feb 27 15% Jan 2 48 171% July 10 47% Dec 9 18 July 15 17% Sep 18 20% Sep 22 13"% Dec 4 9% Sep 16 156% Sep 30 36'A Sep 18 163/4 Jan 5 82% Nov 6 89 Apr 29 83 16% Feb 23 23 Dec 29 20 Va Jun 97 25 102 Jan 14 89 Apr 123/4 Mar 11 17 Sep 15 44% Jan 24 55% Dec 31 13/4 JUn 20 34% Oct 22 2% Apr 16 43% Mar 18 16% Mar 19 24% Apr 15 32 Va Dec 30 22 48% May 13 483A Jun 16 51% Jan 18 56% Dec 31 383/8 Jun 15 1 2 May 28 12% Sep 14 39% Sep 21 10% Nov 24 Oct July 1% Jun 11 25% Sep 10% Oct 15 8 19%'Mar 27 14 41% Jun 283/B Jan 15% Mar 17 47% Nov 169 30 30 25% Mar 25 94 Feb 24% Dec 102 7 11 17% Feb 24 57 Mar 12 Bros 4%% Ekco Stores Electric 5 33% Feb 4 49 Jun 11 51 % Nov 30 26 44 Oct 6 60% Feb 4 16 30 Sep 15 37 % Jan 8 El . Co Auto-Lite Elliott Co Dec 73 Nov 24 31 For footnotes see page 28. 22% Jan 5 74% Feb 5 74 Apr 21 Equitable Office Bldg Erie RR common— ; 5% preferred series A_i Erie & Pittsburgh RR Co. 5 10 No par 100 50 - 17% 17% 67Va 73% 2,500 14,300 40 39% 38% 39 % 38% 39 3,300 203/4 89 24% 20% 20% 20% 203/4 2,500 *86 24% *86 1% 1% x26% 26"% 12 89 24 24 V* 96 96 41% *86 24% *96 88% 24% 97 14"% 14% 14% 42 41 41 3,800 10 700 6,400 1% 1% 1% 1% 26% 26% 26% 26% 12% 12 12 1,300 24'A 24 24 2,700 50 12 % *12 8,300 5,600 243/8 51% 50 49% 36 *48 16% 103/8 Xl5% 10% 10% 10 % 23% 23% 23% 23% 23 % *23% 23% 900 26% 26% *26% 263/8 26% 26% 26 Va 263/a 1,700 92 92 *90 92 92 92 90 90 23% 23% 23% 23% 23% 23 233/s *7% 7% *71% 24 103A , 24 24 23% 7% *66% 67Va 17 *66% 7% 17 67 *71% 73% *71% 73% 8 67Va *71% 9% 46% 162 *50 49% 353/4 153/4 10% 23% 4 Co 1,400 51% 50% 35% 15% 10% 7% Co: Phonograph Electric 1,000 11,700 24 23 % & 14% 38% 42 1% 18% 23% 20% 41% 27 1 Electric Mfg District 3 46% *161 % 42 12 9% 46% 161% *14% 26% 10 14 46% 15 12 8.50 5 24% Mar 12 50 162 9% 14 Va 161% 15 12 Equitable Gas Co 293/4 Feb Empire preferred- *161% 18% 23% 143/4 27 93 16 23% Nov 24 1% 9% 463/4 18% 23% 96 12 92 Va Emerson Radio 70 1% 9% 45% 18% 23% *14 *94 26% 263/a 6 19 173/4 Jan 41% 26% Emerson Jan 61% Jan 43 Endicott Johnson Corp common—25 4Yo preferred 100 2 14 62% Jan x42 *23 2nd 26'A Feb 27 5 Natural Gas 11 8 3/8 Nov 143/4 23 conv Paso 15 Sep 18 16% Sep 15 64"% Sep 15 70% Jun 15 24% 15 1 23 5Yo 89 96 15 1% 39 Va 20% *24% .1 (The) 162 *94 95 *50 *49 353/8 15% 10% Dec 6 *86 24% *94 51% 503A 353/4 15% 10% 20% Sep 25% Sep 18 89 100 24% 3 31 21 24% 14 7% Jun 243/8 383/4 20% 393/4 *50 503A 35% 15% 10% 29 23% Dec *86 *161% 162 50 17% Jan 5% Feb 100 preference 153/4 Apr 26% Dec Mar 13 10 453/4 10 5% 2 99 10 453/8 39% 20% 2.50 common common 20 89% July 28 20% Jun 4 103/a 45% *160% Electric Storage Battery—No par Elgin National Watch Co —15 193/8 Jan 18 10 453/8 Elec & Mus Ind Amer shares Oct 30% Jun 27 14 2 preferred— Elastic Stop Nut Co__ 15 101% Sep 24 14 common—1 preferred Products 11% Jun May Inc 4% Yo 133/4 Nov 12 26 19 233/4 14 100 Manufacturing Co Edison 26 94% Apr 20% Jan 18% 24 14 5 preferred Eaton Jan 18% Mar 18% 23% 14 10 13 15 183A 24% 14 Stainless Steel Corp.. Kodak Co common 6% 2% Apr 373/4 Jan 13% Sep 18% 24% Eastern Eastman 6 9 183A 1 lo 20 Feb — Corp 22 48 % Jan - Jan lo Eastern Airlines Inc Eastern .ri17m91E7% 35% 16% 67 50% 36 15% 17 67 73% *49% 50% 35% 15% 7% 16% *66% *71'A 50 50% 10 400 36 9,700 153/4 4,400 10% 8,300 7% 17 67 Va 73% 110 5,500 1,400 9,700 200 Number 5281 Volume 178 . The Commercial and Financial Chronicle . . NEW YORK STOCK RECORD Range (or Previous Lowest- Lowest 1 7% Dec 6 15 % Mar 10 13% Oct 12 10'% Nov - 11 22 May 17 Jan 1% Dec * 16 21% Oct 29 > 27% Jan 3 7% Nov 11 16% Jan 29 2 53% Nov 29 12% Feb 28 16% Dec 21 16y* May 59% Mar 2 S Sep 14 <~22%M*y 11 "V 21% Sep Jan 14 34% Apr 14 15 18 • 48% Feb 19 4 4% May l 56* Apr 28 -24% Dec 16 60 . - 9 48 Oct 9 06% Mar 9 "5% 2 40 Sep 14 63% May 7% Apr 4 -5%% 1 Federal 76% July 21 26% Nov 3 47 Jan -3 22 106 11% Dec 1 19 25% Nov ^ f 7 68% Mar 3 50 104- May >1 Jan 12 —34% Mar 13 4 0% May 17 27% Sep 18 | 96: May 20 19% May 2 17% Mar ~7 ' 3% Sep . * 25% Jan 25 13% Jun 3 14% Oct 16 - Dec 26 35% Sep : 38*% Apr .2 83%. Nov 20 ■ Oct Dec 1.101% Jun ' - 41 32% Mar 20 101% Aug 24 %• Sep 32 34% Nov 19 21 % Jun 20 Dec 31 31% Jun 23% Jan 30 12 Tarrant 16 2 5614 Jan 28 92 11 7 National Stores. Fair $4.20 div Food pfd cum convertible Francisco Franklin Fruehauf 3 Gabriel 2®% Jan 393/4 Sep 26 3/4 Dec 5 34% Nov 16 8% Apr 13 38% May 19 31 203A Jun 10 27% Jan 2 Gamewell 263/4 Dec 15 21% Sep 223/4 Sep 21 28% Jan 27 333A Jan 20 Garrett 14 7% Mar 12 14 37Va Mar 12 213/4 Aug 31 20% Sep 15 29% Mar 24 24% Oct 15 33% Jun 25 26% Feb 21 31 27 Jun 28 "*an Co Co 5% Gar 24 IO43/4 Feb 6 31 Sep 15 39% Dec 9 General 10 Nov 19 14% Mar 18 General 28 142 10 193A Jan 2 124% Dec 1 Jun 25 129% Apr 2 103/4 Nov 9 78 16% Jun 9 11% Dec 7 121 24% Jan 16 45% Dec 14 48% Dec 19 64% Feb 20 723/4 Dec 31 7% Jan 4 11% Dec 22 41 Apr 18 90 19 533/4 Dec *94% 10 % 10% 10% 10% 46% 4K% 46 461/4 45 4-3/, 45% 453/4 11% 11% 11% 11% 11%' 11 % 11% 11% 11% 1,100 23% 23% 23 % 23% 23% 23% 23% 2434 24% 25% 10,200 70% 71 70% 71 70% 70 % 71 71 71% 71% 370 10% 5% 5% 5% 5% 5% 5% 5% 534 5% 53A 19% 19% 19% 19% 19% 19% 19% 1934 193/8 19% 5,900 6% 6% 6% 6% *6% 6% 6% 2,800 353'8 35% *35% 35% 35% 35% 300 23'% 23% 23% 23% 1,500 *22%' 23% *223A 23% 5 6% 50 *35% 35% 353/a 35% 213/4 23% 23% 23% 5 Inc *23 26'% 4% 4% 102% *102'% 10234 1023/4 1023A 110 39% 39% 37'% 38% 38 38'A 4,200 10 % 10% 10'A 10'% 10% 10'% 3,500 142 No par Corp Corp com preferred No par 103/4 ..100 ♦70% 17% *123% 11% Jan 9 Jan 2 General 2 123% Jan 5 99 Vs Jan 14 25% Feb 5 54% Mar 30 27% Mar 23 $5 94% *94 11 11% 11% 11 59% 59% 59% 59% 59 _1 No par 29 17 7 4 343/4 Jan 6 45% Nov 25 General 22 35% Jan 2 25% Sep 22 31 Vb Feb 2 General Time 102% Jan 5% 11 General Realty 3 General 23 General Shoe 403/4 Nov 12 51 88% July 7 Apr 963/4 Mar 10 Gen & 96% Jun 18% Jun 30 15 16% Mar 25 793/4 Dec 30 x86 Jan 12% Sep 79% Apr 13 82% Oct 2 18 Apr 15 32% Oct 27 23 Dec 1 21% Jan 9 Gleaner Harvester 24 10% Sep 27% Oct 23 42% Jan 14 38% Mar 20 Glldden Co 98% *98'% 12% 12% 13 13 13% 20,900 21 21% 20% 20% 20% 21 20% 20% 20% 203/4 1,100 *42 *98'% *98% preferred 108% Feb 4 9% Jan 20 51~> Apr 24% Sep 30 1 61% July 21 33% Mar 4 1% Sep 6% Jun 14 2% Mar 25 19 9 Vb Feb 25 26% Jan 18 34% Dec 1 Grand 20% Jan 5 Granite City Steel common... 98% Jan 28 34 % Dec 10 29% July 16 May 26 86% 22 11 13% Jan 2 16y* Nov 28 14% Jan 5 19% Nov 27 52% Dec 2 56 Nov 9 23 47 27 67% July 8 26% Jan 22 19% Nov 10 11% Jan 2 13 Nov 28 *93% Sep 4 963/4 Apr 7 1 (WR) & Co Union Co Gt 18 58% Mar 25 Gt 1 19% Mar 27 Great 141 76 Mar 2 Dec 10 40% Jan 2 23% Mar 25 conv Co Northern Northern 7% Green. (H 19% Sep 18 12% Jan 2 14 Vb Dec 4 95% Jan 7 4%% & *73 78 Va- 77% *74 77% *73 77'%. 10% 10 10 Vb 10 10'% 10 10'A 46% 81 102% 14 14% 6% 6% ♦135 139% 47% 47 3,400 20 100 10% 7,000 48% 5.600 103'% 1033/4 104% 1,900 14 13% 13% 13% 13% 3,500 *80'% 81 81 80% 80'% 80 80 12% 12 2 9 Va 46% 47% 78 77i% 133/4 103 14% *80 % % 46% 46% ♦102% 46% 103 10% 27% 113% 29% 29% 6% 6% *135 139'% *103 103 300 11% 11% 11% 113/4 2,400 29 12 29% 29'% 29 29% 6,300 6% 6% *134 139% 6 34 634 139% *134 63/4 2,700 139% 153'H 1534 15% 15% 11,700 78% 77% 79% 78'% 79% 77'% 79 77'% 77% 5,500 53 52% 53 52% 52% 52% 53 5234 53 9.500 *105% 106 300 105% 105% IO534 106 % 106'% 105 Vb 105'% No par 5% 5'A 5% 5% 5'% 5% *5% 53a 4 52% 52% L> Co Greenfield Tap & Corp ' 105 27 1% 5 8 10 •33 12.50 100 5 common Ore 6% Sugar Greyhound 28. 78 52% P^_ 100 16% *89 32% •92% Inc Die 2734 1 % 8%< 33% 16% 90% 33 94 • - *52 27 i*52%. ...53 53 -' 1% - 1% 26% 26%» 1% -27%'. ..*52% . 26'%. 1% 8% - 1% 8% 8 3% 8% 8% 33% 33% 33344 34 16% 16'% 16% 16% - *88% 90 *88 33 *33 94 ♦88% 33% *92'% 16% 89 32% *33'A *92% 33 "4 *92% 94 pfd 400 6,800 17% 2,900 "132% 133'A xl7'% 17% 133% 133% 132% 21% 21% 21'% 3 xl3% 13% 13% 13%— x90 90 91 91 213 4 32 16% 133 8 *75 8% 78 100 200 70 75 75 76 76 31% 31% 31''s 317« 31% 31% 3,800 21% 21% 21 3a 213S 21% 213a 2,200 14 13% 14 13% 14 13,000 91% 90 90 90 90 60 - preferred 7,600 473A xl313/4 par 94 17% 17% Corp__No (The)— ♦92'% 47% 48% 133 94 100 1.200 17'A 53 17'% 22 3334 48% 52% 47% 31'% 33% 17 Va 53 48% 32% 33%: 48 53 47% 31% 89 420 48% 1 89 6,900 53% : 5,600 90 . 53'A 47% 75 700 16 % . *52% *52% 75 33% 16% 6% 5 3'A 163a 17% 8% 33% 163s ♦52'% 16n8 75 14,100 8% 34 16% 16% 135 19,600 303/4 16% ♦73 100 1% 16% 16% xl7% 26% " 16% No par 25 '131% 1 Vb 16% *31'% 100 1% 800 3,500" 30% 8% 31% RR 26 838 8 Vb 31'% com___No par 27 53 31'a 8% 31% No par Prop *52 . 5% 8% 8% *31% 8 53 5 30% 8% 1 No par com 100 Western Common 87% July 31 27% 77% 27% 77% preferred Bay 27% *76 15% (The)—i Paper Co Ry Western Green 100 78 27% 16% No par preferred Northern Iron Great *98'% 102 15% preferred cum (W T) $2.25 27% 17 No par Graham-Paige Motors Granby Consol M S & Sep 128% July 17 64% Apr 15 30% Jun 9 2 41% Jan 39% Mar 17 *98'% 16% No par Hosiery Gould-National Batteries Inc 17% Oct 4 preferred Gotham 33/4% preferred Grayson-Robinson Stores 9 30% Dec 102 360 600 __10 7 Dec 22 27% Rubber— 4 Aug 14 Dec 27'% 800 16,900 10 F) & 16% Jan 18 39 8 (B Tire Common Grant 8 27% 42 3/4 16% ! 1 11% Mar 17 80 No par Co Inc 33% May 97% Feb 31% May 63/4 *26% *75 12:1'a 135 27 *77 29% 1 44% 75% 79 12% 100 443/4 *77 29% Co.. *42 443% 44% 28 % 28 283'4 2.50 Goebel Brewing Co Gold & Stock Telegraph 5%% *80% 102 common„No par Corp 2 30 14 No par 11 104% Jan '102% 5 Dec - 10% 46 .1 No par common Goodall-Sanford Grace 75 1 Co 15 . *77% 100 common (The) 2,300 102 28 % preference Brothers 29% 100 *98% 100 Co convertible *29 29'% 100 com 21 14% Sep 15 85% Oct 15 98% 12% 29 *98% ~2.50 Rubber 60% Sep 15 page *283/4 99 12% 27 43% Sep 102% Jun May 26 24% Jan 30 Por footnotes see 29'%. 99 12% 263/4 30 33 Jun 29% *973/4 26% 31 i 149 x29 % 27%; 14 ... 1,800 12% 27% Sep $5 13,700 common_No par Gillette 32% Jan 28 5 28 n4 90 11 25 99% Oct 14 4 28% 4434 11 34 % Sep 22 14% Nov 15 28% 9,000 31 preferred Goodrich 28'% 283/4 90 48 % Dec 9 93% Apr General Tire & Goodyear 28,200 44% 104 Vb Dec 30 y8 Jan 7 33A 44% 2 5 Mar 19 57 3% 44% 23 23% Jan 69 25 *56% 3% 44% 15 10 *80% Jan 24% 56% 3'% 44% 18% <»an 14% Nov 5 28% 2-t Vu 563/4 20 preferred Georgia-Pacific Plywood 20 28% 24j/B 4 99 % 33/,% 30 28% 24% 56% 12% Corp 4%% Mar 29 23% 42 1 8% Jan 3% 700 56 89 34 May 11 19 4 42 Dec 137% Nov 56% 4 89> 4 76 18 1 24 55% 4% 90 July 29 77% Feb 30 233/4 56 42% 69 31 6 3/4 Dec 23% 130 100 90% , 71% Dec 11 1,100 49 89 % Sep 18 34% Mar 11 130% Jun 49 *48% 42 85 18 49 48% 89% 8 24 48% 48% 42% 14 18% May 22 900 48% 49% *23 42% 15 $4.50 2,200 94% 23 23 89% Oct 8 1203/4 9434 22% 943,4 23 90 Sep Gimbel 120% 94% 23 % 94% 43 76 (The) 120% 94'% 120% 94% 2 33/8 120 3/4 99 89 $5 120% *120% 94% 23% *89% 223A Sep 31 3 28 42,600 No par 3 15 9% Oct 59% No par pfd $6 Corp preferred 4%% 122 58% 30% Corp 3 100 121 *117 603s par Utilities Castings Jan Mar 10 120 117% 28% preferred Steel 121% 59% 10c Refractories 25% Feb 121 117% 95 4 1,500 60% 23%' 119% 59'% 60% 60% 943/4 120 59% 6,700 5 ... Signal com-No 21 15 59 10% l Telephone Railway Oct 133/8 Dec Sep 58% ■. 100 Public Utilities Corp General 59'% 122% 23% 45% Dec 16 2,700 121 *55% 353/4 Dec 100 300 11 *116 1 104% Jan 373A Jan 18 60'A 94 *m Corp Eqp 2 Sep 59% 94 11 'a 121'% 120 8,200 59% 122 60% 60% 353/a 94% *117 $2.90 convertible preferred-No par Public Service 10c 25 30 343/4 11 xl21 % 49% 21 31 80 1,700 59 122 1 Jun Mar 28 363, 11% *94 121% 60% par 29'A Jan 613/4 Oct 123 11% ♦118 Co Cement 92 36 11% 60% *120 No par Advertising-No Precision % 100 23% General 59% *94 100 common—_5 series 36% Feb 137% Dec *122 11% 94% 59% 60% 61 94 Va 11 No par $3.75 General Portland 36 4 60% preferred Corp Outdoor 36 3 94% Corp preferred Preferred General *39 No par common Motors 36% 36% No par 5% preferred 33/a% convertible 14 9% 1 preferred 19 Dec 124 Foods $3.50 2 19% Mar 11% General Dec 57 123% 11% 800 3 22 124 11% 11% 1,600 20% Jun 27 124 11% 11% 9% 25 16% Dec 124 *123% 124 20 600 1,900 93% May 11 10% Jan 2 463/4 Feb 17% 9 % 93 2 30 173/a 9% 4 Jan 30 , 9% 10 91 30% 17% » 93/a 29 99 30% 17% 73 9% Dec 21 70% 30 17% *70% 9% 353/4 No par Corp Corp com Dec 27% Feb 70% 30 17% 73 9% Co 11% Sep 9 73 30 17% Finance 36 *923/4 Sep *70% 30 30 17% 10 com 17% *70% 73 130 General 126 9% Feb 10% 2,500 26 9 2 700 10% 11 Va Feb 10 30 20 »A 10'% 15 30 6% Jun 20'A 10a8 No par .50 Corp— preferred Jan 18% Oct 25 20% 10% 143 144 Contract Sep 273/4 Oct 20 3% 10% 30 preferred Cigar Co Inc General Feb 20% 10% ♦142 32,700 Mar 20 _3% 20% 10% 144 38% 10 23 142% 20% 10% 87'% 23% Jun Oct 142% *20% *142 100 2nd 143 20% 142 *20% 5 3,800 15,600 38% 1 2 400 102'% Va 86% 273/4 Dec 29 3,000 38'% 3 Dec 2,500 10% com General 60 4% 27% 88% 5 8 25 4% *27% 87'% 10 49 y4 July 25 43,8 28 *38% 4% Jan Sep 10Yt Jan 25 43% x35 Vb Sep 15 21% Sep 15 42% Aug 31 21% Sep 15 24% Aug 29 108 24% 4% 39% 50 36% 56% Dec 3 23% 25 39 8 17 4% 88% 10 Jan 24'% 26 39 3% Dec 6% Nov *22% 4% ♦22% 5,700 87 % 8 104 23% 26% 4% 23% x26% 1 com 23 7 88% 91 24 543/4 Dec 7 39% 112% Jun 243/4 Aug 15 77% Dec 10 V2 87% 69% Feb 5 10'% 39 119 20 2,100 4,000 10% 46% 11% 89 % 43/4 Dec May 1,500 89 , 20 40 12,300 7% 10% 38% 124% Jan 553/4 Feb 70 20 % 7% Electric 15 » 94% 20% 7-/ 8 General Dynamics Corp common 3 Preferred ($2 cum conv) No par 11 Nov 94% 21% 7% 7"/2" General 22 8% Jan 10% 95 20 V2 20% 3 46% Mar 24 48% Mar 24 Jun 138 7 % 92% Dec 53% Sep 22 8 19% 1",B 380 102 8% Jan r 95 19% 7% 10 6,600 1 preferred 20% Jan , *94% 95 19% 87 10 Vb series 553/4 Dec , 88 '% common Cable General 33% Feb , 39% 89 6 9 27 39% 38% 88 % 66% Apr 8% Sep 29 7% Sep 383/4 -86% 39 89% 38% 1st 30 15!% Oct 39% 88 % x39 38% 800 8,400 101 106 124% May 24 96 10% conv Dec , 96 *93 39 4% 69% Dec Apr 96 95 y2' 7.800 • 101 113% Jun 26 29 10% 125% July 28 Jan 28% 38% 120 81 29% ♦100% Mills 243/4 Oct 283/4 100 General 100 293/4 1 preferred 61 Dec 12% 24% 17 27 39 12% 23% Jun 25 29 38% 12% 24 % 52 25 28% 39% 23% 9 114 293^ 12% 1 24 60% Dec 20 4,100 29 38 3/, 12% 7 23% 20 34% Feb 1,600 89 common Instrument 125% Dec 300 17 24 General 100% Dec 98 17 39% *94% 3,600 *97 -■ 89 7% ; ;• 17 89 , 160 98 39 10 100 •. 2,900 « 24 2 2 ' 29% 39 *92 4(600 !': 1,000 24% 25 3 951% 26% • 233/4 52% Oct < *92 26% 26% 8'/a :•.; 1 14% Mar 19 16% May 14 96 *93 ' 29% 29% 8 8,800 u *97 17 39 30 3/8 i 8% - -49%': * 17 98 *12% *48% •. 1,900 •* s, 1.66% 943/i Jan Nov x29% 1 Corp 61% Nov 50 31% 26 % 26 '% 17 17% ' - *97 30% 15 Investors 15 11 26 8% ' 105% ; .■•* 25 18 Jan 97 *16% 8%' 26 % 17% 8%' 105% - 49 48% - 79%"* 14% 5 66% V 65% 243A 23 20 78% '< i 24% 10% Sep 119% Jan 25% 48 3,600 14% ( i 13% *90 • 3,600 v 243% 88% Jun *94 Vi Jan 21% 66*% 10 ' 24 50% Jun 2 8% - f 7,100* 7 ; 233% 8 18 8% 21% 79 ■ V 23% 12 21 9% 14% -14%'* ! 7; 23% 11% Dec Feb 8% 29% preferred: 96% May 22 Apr 8% 96% 2 5 Jan 48 - 40% *101'"'' 102 f 21% - 78% '• V'-V40% ,1.800 ./ 243/4 4% 6% 400/', 2,600 •„ 233/4 24% 8 7% 48 48 No par 3 50 8% 21 y8 79 • 13 preferred Jan 118 ♦ 21% I 102 ' 3% 23%;' 1 6 V*. Jun 105 8% ; 40 '/8* 40%*101 ' ,3% * r-,. *27% 35% Mar 25 31 July 28 35% Jun 16 !, * 28 General 37% Jan 3% 23% 28 Jan May 6 29% Sep 16 15 8,000 ■f - 28% 70 9 22 3% * 40% 1 102 83A 20% 39 of '51 $8 preferred General Bronze Dec 453/4 28% General May 453/7 28 Mar 25 79 2,300 * 55 28 14 20% Dec 106 29 % Co_. 22"% Mar 17 33 *105 12% (The) 5 8 _ 13 10 Industries 15 10 • • '"•'*78% 17% 1 (The) 9% Sep Jun Jan Co 17% Jan Jan 16% May 25 $4.50 Mar 24 53 '24% : *52% i 23% V '23*% '40Vs 79 38% common Inc 18% Aug 14 113/4 Nov 28 74 46 13 1. •, ; 8% !' *78% 4 3% *101 21%;- 97% * American 98% Jun *29 4 20 General 11 155 8% 21% 94% Container 31 1 ' 26% 7% convertible 13% Dec July 55 ' '•2334 1 96% 19% Gaylord ® 3,300 Amer Transportations.50 Baking Co common 5 4%% 63% Dec Feb ' 40% 102 29% common (Robert) Corp 1053/4 Oct 159 " 13% (The) Inc Wood 9 13 40 *101 26 94% convertible 3 12 115 Gair 17 14 ■?. .7 39 Co Gardner-Denver 15 3% Sep 25% Sep 22 46 *53 " 100 Co Gamble-Skogmo 8 4 13 preferred 15 22 79 10 Trailer 4% 15 8% Jan 41% Jan ' 40 —No par Sulphur 15 34% Dec 13%- 46 55 *50%. 24% '■ 24% 13 *45 '• 24% 29% Corp 6 1,100 17% 100 Froedtert 27% Mar 24 500 16 17% 1 Freeport 9 4% Sep 5% Sep 18 32% Nov 17 4 24 " 101 Corp Stores 51% Mar 17 14% Jan 15% Sep 6% Sep 27 39% 101 Co Sugar 8 22% May 20 5 22% Feb 4 24% 38% 3%% preferred Foster-Wheeler Corp 7% Mar 45 y« 53 5; • 24% v- *52% 7% preferred 15 Jan *51 53%' 1 55 No par Machinery & Chem Corp 3%% 4 Nov 4 10 ser 12 79 45% 8% 20 16 53 *52% 8% 13% Apr 13% Apr Sep 25 13% 48% 96% Jan 70 24% 13 48 % 23 % Jan 15 *51 No par Power Corp _s Florida Power & Light Co 13 -15% —: . 105%* 105 % 27 21% Sep > 25 13% ; 46 -24% 5 Florida 2 '• • 17 Vs- 4 ' 11 1 • 106 15 25 • 17 *105% Inc May 15 16% ♦16 16% '17% f " Stores 39% Sep 20,500 105% 26 10 16% 24% 55 46 100 Food 10 Vb Nov 5,900 9% -18'/a 105 > 15 9% Jun •53 2 .vi _ preferred. Jun 14 22% 9% 18% -66'A 7% Dec 30 Jan ' *15% 2% 9% 7 14% 8ep 13% Sep '•• 1,200 18% 14% 1 18% May 21 27% Aug 11 84% Mar 20 21% 800 3,500 " 9% 67 18 46 22% 12'A 18% 14% 5 Jan *2% 21% 13% "78% 3 43% Jan 16 \ ' *50% Fire Ins N Y—10 99 103 2% 9% 13 9% 31% Dec 9 49 is. 18 ' 25% 13 21% 11 ; 6 48% -*2% 22 x9 % 16%' 4 ' .16% 53 25% series—_50 Corp Jan '-16' 49'% 66% 8% Jan 153A Feb *50 9% Steel Sep 16 9% 18% 7 ' 21% Follansbce 81 Feb 16% 5 6 Jun 16 16% ' r 8% Jan 149 16 9% *18 > 49 6,700 12% 14% 7 19% Dec Apr 21% 22 9% 18% 12% 6612 30 11 22% 22% ' 9% 18% 12% 14% May 15 6% May 15 July 51% Jan 2% 50 Co 21 33% Oct 19 102 *2% 2% ___1 Mfg 17% Jan 89 24% July May 15 2% 1 ___■...' 39% Oct 29 17 16 *2% 50 A • 9 26 19 Apr 1953 15 Jan 12 18 49% (The) Carpet Co 5 Flintkote Co (The) common.No par r$4 preferred : No par Florence Stove Co 1 27 29 '% Dec 98% Nov 114 17% Nov 36 *49% 50 12% " 66% 4%% Mar 25 Feb 24% Feb 10 Sep 90% Jan 5% Dec 49% X50 , 95% Oct *15 12% Firth 100 29 10 12% *12 15 13% Mar 17 10 ; 22% Fpb 75% Jan 12% Shares 8% 12 ' Corp First 18 : 4 12% 49% 8% 12 66% 2 Sep the Week Dec. 11 8% 8% 8% 14"% 26 Aug 24 11 22% Apr 12% 8% 65% Oct 25% Sep 31 9 12% 8% 1 Oct 16 % 98% Dec 10% Jan 12% 8% Firestone Tire & Rubber com.!l2.50 ,51 93 ; 12 No par common Corp Fidelity Phoenik Corp _! 107 18 Sales fur . Thursday ' FlltrOl 6 8 24% Dec 3 12 ..1 common Fawick' Corp.. & l May 24 % Dec 35% May 20 13% Dec 23 5 Felt Ferro 18% July 30 7% Nov 17 7 2 "75% Jan 12 Federated Dept Stores' common.*—5 4%% preferred...! 100 15 86% Jan 8 8% ' 2 Jan pfd conv " 10% 12 % l . '• * Dec. 9 8% 3 pfd 'ser cum Federal-Mogul 8 Mar 29% Jan 14: 30 Jan conv ' 15 10 Dec 13 7 53% Sep 47% t>ec,,.2 13 8 30 Apr - 19 ;27% May 21 p 4 48 1 " .'105 67% Sep 13% Jun , 18 ' ; 14' July 8% Dec 23 74 Vz Dec 107 94 . 38% Oct '■ % " 1 Sep 2d 16% Jan 19 19% Apr 92% Jan ' 17' Oct ' 21 '100 5 Fedders-Quigari Corp Dec ' 1 5% preferred series B_ Fansteel Metallurgical Corp 9 6% Dec • ' 37% Feb Mar SALE PRICES Wednesday 1 Corp... Falstaff Brewing Dorp Family Finance Corp • 12% 22% 8 - * 5 *2 % 31$ 21 "10% Sep 9 Jan '• Dec. 8 5 — a_. Buffet Tuesday Dec. 7 2.50 :i6% Mar 24 ;W - Monday - Fairbanks Morse & Co; No par Falrchlld Engine & Airplane Corp_l Fajardo Sugar Co__20 28% Mar 23 10% Mar 25 13 ' 1 Par Inc Exchange '■ . 1 Co Ex-Cello Corp July 13 10 ; 15% Jun 17 *8% Jim 24' , STOCK Corp Products Eversharp 15 *4% Oct . Williams Evans 6% Sep 57% pec t 3 30% Dec 23 • Jan Eureka 17% Nov , 19%'Jun i. 4 15 23% Oct ' 10 12 23% Jan \ -15% Jan * 14% Mar 14 2 7 Sep 12 20% Sep 29 12% Jan -3 , 9% Mar 14 Nov YORK LOW AND HIGH EXCHANGE 15 Sep 39% Sep 3 % Feb NEW Highest 6% Sep 55% Dec 44 * Range Since Jan. 1 ; • Uifheit • 5% May Continued—Page 5 STOCKS Year 11)52 . The Commercial and Financial Chronicle LOW stocks Range for Previous 28 % Jan 10 8% Jan 9 14 38% Jan 5 23'% Apr 25 31% July 15 7 Dec 10 13% Mar 21 25 Feb 20 38% Dec 23 27 63 Feb 27 77 Nov 28 66 3/4 Sep 21 77 5 $5 14 50% Mar 27 Gulf 25 41% Sep Jun 22 27% Nov 25 46% Oct 58% Jan 16 43/4 Dec Sep Jan Guantanamo Sugar com_No par No par Gulf Mobile A Ohio RR preferred Oil issued" "When 3 Dec 103 7 90 106% May 20 92 Jun 16 97 July May 105 16 Dec 16 8 8 103% Jan 1053/4 Jan Jan 1 July 2 97 '% Jan 98 '% Jan 105 24 2 105 $4.40 dividend $4.44 dividend Shares 21% 21% 21% 21 ¥4 43/4 4% 43/4 28% 4% 29% 4% 28% 28% 28 % 2838 27% *71% 72% 71% 72 71 ¥2 *70y4 44% 44% 44 71 ¥2 44-/« 27% 4% 44% 44% 45 *43% 44% 98% 27 % the Week 4% *97 —100 100 100 preferred preferred preferred dividend $4.20 Dec. 10 21% 45 No par Sales for Friday Dec. II Thursday 21% 21% *44% 27 — i Common 72% 5 Monday, December 14, 1953 PRICES Dec. it 44% 25 Corp Gulf States Utilities Co— 20 29% 71% 1 21% SALE Wednesday Dec. 8 Dec. 7 21% *4% 29% 1 Corp Grumman Aircraft 29 193/8 July 28 Par exchange Highest Lowest Highest Lowest HIGH AND Tuesday Monday stock york new Range Since Jan. 1 Year 1952 . Continued—Page 6 RECORD NEW YORK STOCK .. 27% *43"= 21% 7,300 4% 3,000 28 5,400 71% 44 ¥4 27 ¥2 27 ¥4 27% 98% *96 ¥4 600 45 98% 21,500 44% 27% 27% 27% *96 98% *96 , >96 98% 6.400 104 % 104% *104% 105 % *104% 105% 104 ¥2 104 ¥2 *103 ¥2 105 140 103 103% *103 103% *103 103% 103 ¥2 103 ¥2 *103 103% 100 <-34 * 34% *34 34% *34 34% *34 34% H 23% Sep Xl4 64% Nov 23 71 9 23 26% Oct 23 2 142 21% Oct 23 26 5% Oct 29 34% Aug 1 9% May 20 12% July 6% Apr 21% Apr 11% Jan 8 % 14 15 7 7 78 % Jun 15 87 Nov 3 Jun 22 34% Jan May 20 91 97 Jan 5 Apr 20 21% Dec 9 25 3 35'/a Jun 21% Mar 31 137/a Dec 2 20% Apr 15 743/4 Jan x78 % Mar 120% Feb 21 126% Dec 22 5 Jun 17 126% Jan 373/4 Sep 15 44% Feb 4 53% Apr 533/4 Oct 15 48% Jun 26% Jan 7 23% Sep 14 29 31 243/8 Jan 7 12% Sep 11 18% Feb Aug 19 72% Sep 14 73 % Jan 7 91 Feb 2 6 20 D-c 10 32 % Dec 11 26 Jan 26 1073/4 Jan 74 14 24 Oct 27 5 Dec 9 Oct 29 20% Apr 14 Sep 11 x26 % Jan 4 7 27 33% Jan 293% Mar 21 44% Oct 2 V 7 33% Oct 69% Feb 23 30 94% Jan 26 39 2 50% Sep 1 2 47 66% Dec 19 55 7 90 Apr Dec Oct 12% Oct 24 32% Mar 21 41% Jan 30 lT'/a Nov~l9 353/4- Jan 49 57 5 88 Nov 3 96 94 Jan 11 102 103 Dec 23 18% Apr 19 58% Oct 30 . 8 May 16 Mar 25 Dec 25 % Aug 3% May 15 9% Apr 28 12 52% Apr 12% Feb 17 16% Jun 16 3 4 Jan 18 May 36 Apr 54% Jan 3 Dec 19 4% Dec 16 28 29 46% Dec 31 8 88% Dec 23 95 Apr 17 X35% Apr 7 45% Feb 23 x47% Jan 8 52% Aug 21 Sep 109 Dec 19 42% Dec 10 33% May 1 4% Oct 30 151 29 9 3 22 2 16% Mar 4 4 24% Sep 97% Jan 3 5% Jan 21 21% Sep 27% Sep 1 14 May 15 Sep 7 35% Dec 11 128% Sep 15 3 9% Sep 15 47% Jun 16 18 93% Jun 18 4 16 Ingersoll-Rand 4%% Int'l Business Jan 5 Int/l Harvester 7 33 7% Int'l 263/a Mar 24 39 % Jan Int 2 90 126% Oct 22 Minerals & 47% Jan 5 Int'l 403/8 4,300 10% 10% 9,200 14% 143/4 46% % 46 76 % - 14 % ' Xl4 46% 76 % 111 2% 238 2% *19 ¥4 19 *108 14 ¥4 2% 2% 19 19% 19% 47 *46 76% i *46 42% 42 42 % *47% 48 48 48 51% *48% 51% *48% 51% 54% *523i 54% *52% 54 % 51% *51 52 *51 52 Vs. 8% 4034 4% 42% Preferred 54 16 Dec 8% 10 $4 40% 40 34 40 3/4 40 3 4 5% 3 Jun 26 International Silver Jan 19 41 4,800 900 *4% 4 5/a 400 *42% 43% 3,800 *96 93 167 >161 167 *161 167 *161 167 400 — — 42 41V2 41% 41 % 41 % 41 ¥4 41% 41 ¥4 41 ¥2 5,500 22 20% 21% 20% 20% 20% 20% 20 ¥4 203/4 3,700 14%. 14% 245 14 5/8 245% 1434 246 *15 ¥2 16 8 248 247 16 x25 25 ¥2 89 ¥2 14 3 14% 8 14 % 248 ¥2 91 14% 250 *15 ¥4 15% 100 25 V8 25% 2.000 *90 14% 249 50 91 14% 5,400 250'% 2,300 27% 26,800 28% 28% 28% 28% 28% x27% 27% 273/8 156% 15734 157% 157% 1573/4 158% 1573I| 158% 157% 25% 25 % 25 % 25% 25% 25 % 25 ¥4 25% 25 25¥a 3,100 30% 31% x303a 30% 30 30% 29% 30 28% 29% 5.400 81% 81% *79 82 *78 80% 28 1% *78 80% 1% 1% 1% 1,100 35% 35 ¥4 35% 18,500 131 ¥2 131% 131 % 131% 10 10% 10 10% 10 10% 9% 10 54 53% 53% 53% 5334 53% 54 54 *53% 5334 *53 ¥2 4 7 10134 7 *99 101% *6% 7 54 *53 ¥2 54 *6% 101% *6% 6% 900 7¥» 2,670 47 ¥2 47% 44 43% 43% 39% 39% 39 Va 39 Va 39 Va 39% x38 ¥2 38% 41 41 40 ¥2 40% 40,% 40a4 39% 40% 32 *30% 6 30% Dec 8 International 33% Jan 22 18 14 Interstate 19 41% May 21 31 27 Jun 16 31% Mar 16 Iowa-Illinois Gas 25% Jan 30 22% Jun 15 26% Mar 16 Iowa 15 Va 15 ¥4 15 15% 14% 15 VB 14% 14% 30 V» 30 ¥2 30% 30% 30 V4 30% 30 30 31% 313„ 31% 31a4 31 V2 31% 31% 31% 1 16 Oct 28 30% Jan Island Creek Coal 109% Dec 10 Co Interiype Corp *26 Va 26% 26 ¥2 26 ¥2 2534 26 26 ¥4 10% 10% 10% 1034 10% 10-8 10% Elec 30% 31 Light Co 1.300 A3 38 ¥2 33% 1,000 39% 39% 2,500 *30% 32 14 3/8 25.000 14% 30 30 *31 2,700 700 31% 26% 26 V. 26'/4 600 10% 10% 10% 11,400 600 *30 ¥2 31%. *30 ¥2 31% *30 ¥2 31% 29% 29% 29% 29% 29 ¥2 29% 29% 297/8 29% 24% 2434 *24% 2434 24% 24% 24% 24% 243', 24% 3.300 xl7% 10 1. 50c common 4 17% 16% 17 16% 16 '/4 4,100 xlll% 113% Co_No par preferred Vi 47 ¥4 *42 29% *110% 113 *110 ¥2 *31 No par & 32 5 25 Interstate Dept Stores Jan 28% Dec *30% par Corp pfd— 30% Mar Power 32 *30% —3.50 Utilities eonv ^00 51 *99 ¥4 48 31 4,000 18,300 6% 43 *30% 9 Vb 5f,% 101% 48 25 54 820 131'% 9% 54 6% *99 42 No par 25 131 7 1013 4 *99 48 common 100 80 Vi 1% 35 ¥2 2 53% *99 3 *78 670 158 36% *1% 36 41% 8 $6 —■ 8% 41 ¥4 423/a 47% 15 6 41 4% 42 10 11 ' 8 ¥2 98 . 48 % Jun Feb 41% 4134 13% Sep 130 *43/8 8% 4734 Shoe A 52 8 3/4 98 *161 ? 167 *53% '7% Power 54i% *51 98 98 *89%< 15 24 11 51'% *53 52 98 98;% 244 7.50 28% Oct 15 *48% 54 ¥2 .100 35 30 51 ¥2 *52% —No par 40% Feb 9% Sep 300 21%' No par — 54 24% Oct 49 42 ¥4 131% 7 cum 2,300 *48 4% 131% 4 $1.40 100 42 50 42% 4 131 11 20% Jan 700 2.100 *4% 42 3 130% preferred International 41% 46 ¥4 76 ¥2 112 42% 42% 100 Limited International Salt 7 45% 76 ¥4 *110 600 41%' Int'l Rys of Cent Amer com—No par 10% Mar 17 6,200 98 *4% 43 1% - preferred 800 2% 19 *48 ¥2 * 87« 3634 International Paper common Common "when issued" 11 103% Nov 42% 14 ¥2 2 ¥» 19 *51 8% 1% International Packers 12% Mar 18 593/e Nov 46% 763/4 *48 8% 4% ¥a 111¥2 42 73/8 *14 V# 2% 19 76% 1U 48 42% 14 *108¥4 76;% >108 36% 4 5 40 11% 37 3 13 1,400 40% 10% 1% 35 393/4 Feb 8% 40 3'8 11% 36% 303/4 Sep 141% Jan 7% 41 10% 1 39% Dec 29% Jan 7 V4 40 ¥2 Canada coin—No par 38% Jan 29 *7¥» 11 Va 5 coin- preferred preferred International Telep & Teleg-No Feb 738 42 ¥4 25 International Mining Corp 1323/4 Mar 11 12,600 100 Chemical 2 or 300 13,800 4¥a 100 8 Nickel 15% 12'/4 3 ¥2 7as 77% % *161 No par llydro-Elcclric Sys class A 4% 12 11 98%: No par common.: preferred Jan 14 36 7 ¥2 *15% 41 ¥4 423'4; 100 2% Jan Aug 15 16 _ *40%; No par Machines 3% 15 8%; 20 common Iron, 12 ¥2 3 % 42% 109 4 15 3/8 12 Vs 1,500 7 ¥2 - 51% 100 preferred 166 % Jan 1 15 3/a : 13,900 11 ¥4 % 89% 613/4 Feb 25% May 8 223/4 Apr 17 26% Nov 12 3 ¥2 89% 40 25% Oct 12% 3 ¥1 ■' 90 May 29 32% July 2 10% Sep 30 15% 12 ¥2 -r 25 7 36% May 16 2 *15 ¥2 3% 90 47 8% Jan 67 90 May 29 13 67 25% Jan Nov 66% *15% 64 26 66% 15% 55 Sep 6 7 ¥4 *48% No par Inter lake 80 66 ¥4 2534 14 10 101 68 ¥2 *52% _1 — Corp 80 95 ' *67% 15% 15 8 101 69 ¥4 42 No par Co *94 101 25% 29 20 Steel 95 101 _ i preferred Inland *94 28% *47% No par .common 94¥2 28% 76% —5 Industrial Rayon 500 85 28% 109 50 50 A 200 48% *84 28% *45% .50 Do Mex, S 33% 483/s 85 28 ¥2 lL3^ -50 Co *323/4 49 ¥2 192% 94 ¥2 15% Oct Feb RR 900 85 25% Jun 30% May 19 Terminal 131/4 28% 11-'" pfd ser A—100 preferred— Cum 13 ¥4 28% *6% common—No par preferred— cum 73j0 13% 33% 28 ¥4 42 20 Co - 86 *101 10 94 108 ¥2 *48 ¥2 ' MVz 94 108 ¥2 *13 ¥4 33% *60 *323/4 13% 2534: 46 15 Pbwer 800 61 95 108% 68% Co cdmmon.lOO c.onv iioncum 61 108 600 28% 2 ¥2 RR 3,400 1,000 14% 26 28% 18% Central 50 *15%! 41 24% Jan 94 ¥2 102 ¥2 50 1 9 Dec *93 *101 49% 5 9 32 9 4 ¥2 49% *94 48% 102 ¥2 6,600 *60 *85 *93 34 ¥2 61 *33 , 34 95 13% 86 34% Insuransharcs Ctfs Inc Oct 2 49 86 3,900 3 4 ¥4 Inlerchemical Jan 36% July 24 203/4 Dec 4 *48 5 14 ¥2 *25% Inspiration Cons Copper 12% Oct 18 33 ¥4 V2 87 ¥2 2% Indtisfria Elcctrlca 10 68 33% Dec 33 ¥4 48 *101 12.50 Indianapolis Power A Light 57 22 33 ¥4 48 Ltd--No par 10 45 6% Oct 22 13% 33 ¥4 preferred———100 254% Mar 17 1 15 1% Oct 80 13 ¥4 5 14 ¥2 26% 108 *94 13% ' 5 14% 4934 107% 13% 120 570 13,400 34% *60 108% 18% 6% 61 95 108 3% Illinois 7 59% >94 107% 12% 4.42% 43% May 28 Oct 5934 IS ¥2 4.70%' 19 % Mar 11 10 55% Dec 26 Apr 59a4 3% 13 92% Jun 15 105 49 ¥4 9 11'/a 5,300 . *25% 26% Nov 14 137% Aug 14% Jan 49% 5 5% 14% 26 29% Feb 25 15 3% Nov 24 23 Jun 51% Nov 1 48 15 148% Jun 3% May 6 48% Jan 21 27 49% 1 Illinois 5 224 413/4 Jan .9% Oct /49% 49% 6.06% 12 23 94 42% May #34 ¥4 12 ¥2 4 Jan 29 19 130% Jan 35% 15 ¥2 28 161 % Jan Apr 23 17 1 35 ¥4 Idaho Power Co 7 36 3/a Jan 25 40% May 35 13 Illinois 15 Aug 13 13% Sep 15 31% Apr Dec 34'% 15 ¥2 25 '. 5 *14 ¥2 26 33a 30 28 93s 11% 5 ¥2 : 21 9% 11% 26 Inc (i% 32 93a 11% 1238 % Jwn 6,300 *31% 33 93/8 11% 15 ¥2 Bay Min A Sm 2,200 *31 % 9% 11% ——1 noneuin 600 9Va 11% 30 3/4 9% A Manhattan 'common—100 Co- 32 ¥2 30% xll 14% Va 32 20 5 Va *86 20 86% 19% 14% 108 85%* 19% 86 I934 26 95 85% 87 19% 14% *94% 16 ¥2 69 86 26 VB - 16% 69 19% 5 % 5 ¥2 16% 69 87 2 Hussman Refrigerator Cq—No pa? 5 Apr 9% 11% 200 16% 69 ¥4 14% ——100 preferred-,—. Co)p Jan 30 ¥4 9% No par Foods 101 19 11% Electrochemical Co com—5 Hunt 1 85 19% 30% preferred Sound 5% 85% 19 3 a 5 preferred conv 85% 400 16% *69 10 30 12.50 A Sons (A) Hupp 56% Jan 23 246% Dec 23% Dec 26 ¥4 70 25% 40 ¥4 71 16% 71 *69 70 , 6 % Mar 16 86 24 88% Jan 2 • 13% July 17 21% Sep 15 July 14 172 *25% Hudson 35% Sep 18% Sep 19 Nov 25% preferred— 164% Nov 25 96 26% preferred Sep 18 26% 16% cum 84 23 % Jan 26 ¥4 16% Inc cum 38% Sep 14% Dec *25% preferred series A 4.26% 5 29% Jan 53 4.08% 7 1 *52 7 19 4 50 53 5 4% Dec 18% May 1 88% May 19 15% Jun 16 40 Mi *52 Jan 34% Jun 11% Jan *40 Jan 17 1,100 40'% 52% 54% Mar 11 30 40 40 ¥4 40 ¥4 52 ¥2 50 8% Jan 4,700 68 122 ¥2 54% 52 41 % Dec 67 ¥2 *121 ¥4 40 ¥8 8 11% Apr 41% Dec 68% 122 ¥2 180 900 14% 68 ¥4 *121 ¥4 40 2 27 14% 68 34 122% *52 53/a Mar 19 Oct 14% 6 8 ¥2 *121% 69 121% 53 Hudson Jan 14 ¥2 14 ¥2 X14V2 15 15 68 121% ¥ 40 Hudson Motor Car 52 121J *93 53 423/8 Dec 73/4 Jan 21% May 121% 94 40 2 48 % Mar 1434 68% 67% —-—-100 preferred---. 1133/4 Jan 4 51% Jan 14% No par Powder common 5 29 22 35 ¥2 18 64% Aug Apr 35 ¥2 Sep 963/4 Dec 29% Oct 35% May 20 160% Jan 35 ¥2 46 23 186 36 44 May 21 55% Oct 6 Feb 28 35% 2 88 Oct 22 30% 49% Jun 53 Jan 1 Mar 11 24 81 41 % Oct 36 ¥2 Jan 15 52 155% Jan 37 ¥2 19% Jan 101% Sep 18 35% Jun 16 50% Apr 17 8>4 18 *36 % 14% Mar 11 48 % May 19 ~6% 10 2,900 59% Feb 40% May 25 65% Sep 11 243/8 Nov 1 600 22% Howe 14 3,000 32 ¥2 32% 95 ¥2 7 2% Sep 18% Sep 31% 22 6 17 31 3/4 8,400 85 % *94 21 % Jan 7 32 177% 22% 17 ¥2 22 Va *84 21% 17% Jan 11 16 85% 2,600 94 4% 13 28% Dec Oct 17% 22% *84 160 300 53% 21% 3 103% Jan 9% Sep 21 13% July 14 32 *93 14 19 7 4 17% Dec 21 8 5 22 36% Oct 663/4 July 31 85 % 32% 17% 22% 17% 22 % *84 5 ¥2 94 3 993% Jan 8 17% 22 85% 5% 13 94 33/4% 93% Feb 3% Nov 18 53/4 Aug 11 Jan 30 24 May 18 22 Vb 5% 600 33 ¥2 22 ¥a $4.25 Mar 25 57% Feb 79 1734 94 common—, No par $4.20 ellv 2nd' pfd ser B—No par Houdnille-IIorshey common —-3 $2.25 conv preferred————50 Household Finance common—No par 36% Jan 15 5% 5% 5% 21% *32 Hooker Jun Sep 22 % 32% 9% Sap 6 18% 17 34 21 % 5% 700 5% 21% W) Honolulu Oil Corp Jun 54 Apr 14 19% July 28 13 5% 1,700 5% 13 32 15% Dec 85 28 18% NOV 13 -25 2 22 16% Nov 13 —100 4 96 11 25% 22% 5% 116% Mar 19 July 17 13 *84 Homestake Mining Aug 13 17 *12% 5% preferred — 100 4.40% preferred 100 Houston, Light A Power No par Houston;Oil A Texas (Del)——25 Howard Stores Corp 1 91 103% Dec 23 26 7 13 85 ¥2 Feb 102 16 *12% *84 64% Jan Jun 13 5% 370 23% *32 *12% 5 15 Holly Sugar Corp common 41% Mar 10 Sep 22 • 33 103 22 % 2 283/4 Jan 12 Sep 15 32% July 1 42 July 20 80 % Jun 9 18 Aug 7% Jan 7 103% Oct 102% May Mar 17% Mar 23 6/ 5% 32 ¥2 Hollander 11 Sep 30 19% Oct 16 5% 33% *5% 600 135 *23% *33 6 12% Mar 11 22 25 *134 23% 5% 9 5 25 135 33% 18% 16 233/4 5 ¥2 26 ¥4 8% Sep 23 7 a *32% 16% 22 % Jan 22% Nov 17 243/4 *134 135 23% *102 ¥2 5% *25% 5 21 May 12 9% Dec 25 ¥4 25 *134 23% 103 33 ¥2 —-—5 21 18 25 ¥4 135 23% *102 ¥2 5%. Heyden Chemical Corp common—1 3%% preferred series a— 100 $43,1, cum 2nd pfd (conv)—No par Hilton Hotels Corp 5 Hiiule A Daiich Paper Co 10 Hires Co (Charles E) —1 Holland Furnace Co —5 11% Mar 31 223/e Apr 18 11% Jan 4 14% Jan 25 ¥4 *134 4,100 *32% 1 50 1 2 Co common— Hewitt-Robins Mar 27 15% Jan 16 3/a Mar 23% 23% 60 12% 22 ¥2 5% 2 Apr 135 *134 —10 Co 25% 25% 15 —100 com Marx 64V2 12 ¥4 22% 4%% 9 22 14% Oct 70 Iteirac 64.V2 12% 103 *102 ¥2 103 12% 65 12% *92% 14 51% Jan 82% Dec *102% *12 ¥4 65 12% 12% Hershey Chocolate common—No par 21% Oct 62 102% preferred (G Hercules 3 113 102% Ctu 600 65 *64 ¥2 12% 100 2,400 100 9 7 12% 12% 12% 65 ¥ —10 7% non-cum preferred 25 Hercules Motors. ———No par 38% Mar 13 42% Feb 37% May 21 *12% Co $4.25 pfd__No par common (II J) Helme 6 31 12% 12 ¥2 preferred :s%% Heinz 10 60% Sep 29 Co 3.65% 38% Sep 26 Oct 17 ¥2 12% Glass Hazel-Atlas Hecht 2 30 17 ¥2 *64 ¥2 Mfg Corp—— 9 24% Dec 29% 17% 1234 Corp of Hayes 21 26 % Feb Nov 29% *173/8 12 7,8 preferred 2 Mar 293/4 17 ¥2 ! 22 21 29% Jan 29% 17% 64 ¥2 America common preferred— Hayes Industires Inc————— 5 31 May 5 293/4 17 ¥2 12% 4%% Mar 12 Sep 17% Oct 1 29% 17% 12% Schaffner A Hat 143/4 Mar 20 2 29% 173s 64 % Harbison-Walk 8 Jan 21% Dec 66% Oct 17 36 34% 29% 100 —2.50 Paper (M A) Hanna 20 2 100 30 34% Apr 7 % May 30 34 29% May 12 4 26% Aug 13 14 90 18 93% Mar 6% Hart Jan 23 1 Sep 2 323/4 Jan 16 80 Feb July 32% Nov 25 1 7% Jan 26 15 19% Juri Feb 145 4% Sep 4 363/4 Mar 31 9 15 131 July 29 Oct 30 8 15 22 3/a Sep 21 6% Jan Jun 22% Sep 5 10 2 100 5 Jan 16% Jan 105% Feb 34% 29% xl73s com—No par Co preferred conv Ilammermlil 15 12% Sep 18 Jun 107 102% Jan 4% 30 Jan Watch Hamilton 14 19 173/4 Sep 19 28% May 18% Mar 13 Jan 23 IP/4 Aug 27 Feb 139% Oct 33 2 18% July 16 81 May 26 Nov Jan 16 3 17% Jan 15% May 26 11% May 29 68 17 Nov 30 Water————-—25 Halliburton Oil Well Cementing—5 Hall (W F) Printing Co__ 5 Hackensack 5 36 % Mar 15 15 32% Sep 33% Dec 24 30% Mar 26 1 31% • ■ 1634 16 ¥4 16% 109 ¥2 113 110 % 16 *109 ¥2 : 2.900 30 111 r _ 3% Oct 20 19% Jan 2 5% Jan 19 26% Aug 15 3 Sep 15 173/8 Oct 14 17% Aug 31 81% Jan 96 2 90 Feb"l5 100 62% Feb Jun 3 May 82 July 7 34 Apr 88% Jun 23 9 19 53% Mar 25 Jacobs 4 May 12 25% Mar 9 Feb 43 Nov 6 101 Jefferson 26 Jan 89 (F I.) Co Lake No par Sulphur Tea 3%% Co Inc ! Co Jersey Cent Pwr A 1,1. 4% Jewel 19 78 3/4 Jun 9 57% Aug 31 30 71% Jan 7 50% Feb 9 66% Dec Johnson 25% Jan 21 19 Sep 14 24% Jan Jones A Laughlin Sleel com 82 Oct 16 90 % 82 Sep 18 86 31% Oct 30 383/4 Feb 2 18 29% Sep 14 39% Mar 17 Apr Dec 5% A 5 % 5% 21 % 21% *21 21 21 21 % 21 86% 8634 86% 8634 4134 41% 41% 99 % 99% 4134 *99% 101 5% *86 % 413a *99 5% 5% 5 ¥4 21% 21% 22 21 21 21 ¥4 *36 Va 89 41% 100«2 41 ¥4 *99 87 5 ¥4 *21% 21 *86 ¥4 41% 41 100 ¥2 *99 65 5% 3,000 70 87 4i:L 100', 11,300 700 22 21% . 1.800 100 64 643a 64 % 64% 65 66 66% 66% 66 34 6534 65 3 4 *65 ¥2 63% 64 65 20% 21 20 ¥2 20J4 20% 2034 20 ¥4 20% 20¥a 20 ¥4 85% 85% 85% 85% 85 % 86 86 85 ¥2 85'% 350 l Corp 323b 321 b 32% 32% 32% 32 ¥4 32% 32% 32 ¥4 32% 3,100 1 No par Johnson preferred series 5 % 21% 20% 1 22 Manville . 100 53% Oct Johns % pfd—100 common preferred 20 % Oct 743/8 Jan 5% 21% 1 Jaeger Maehlue Co.— - 12% A I Joy Manufacturing Co 10 100 63a4 63% *85 ¥2 63 ¥4 63% 8.900 1,100 12,400 tf'UU.h 243/4 Nov 17 38% Jan 3 22 % Nov 4 42% Dec 16 49% Feb 13 41% Nov 30 x8 26 1934 Dec lo 2% Oct 15 Dec For fnnhnot#"- ***' n»gp ?R ' Feb 5 83% Jan 2 25 25% 24ljj- *24% 24% 25% 25 ¥4 25% 25 % 25% 8,100 (conv) 50 42% 42% 42 42% 42% 43 4378 44% 44% 44¥a 3,300 Kalamazoo Stove & Furnace 10 3% 3% 3% *3 % 3 ¥8 3% 3 V4 3 ¥4 700 Kaiser 30% Mar 12 49 Alum A Chem Corp r 5% cum preferred *3% 3 % Volume 178 Number 5281 : The Commercial and Financial Chronicle . . NEW YORK STOCK RECORD Range for Previous Lowest 5 87 % Jan 95 15 103% Mar 12 Lowest 30% Dec 10 16 3 85 Jun 102 % May 21 92 Sep 98 % Jun 18 96 106 Dec May 1 1 NEW Highest 26 % Jun 2 Jan Range Since Jan. Highest 26% Jan 33 11 10 95% Jan 13 11 1003/4 Mar 105 2 19% Sep 3.80% 4% 6 Jan 28 13% Dec 14 16 37 Oct 27 21 Mar 17 19 22 40% Feb 29 20% May 40 71 Mar 30 5 21% Feb 114 18% Jan 2 Apr cum Oct 12 19 101 Feb 25 Jan 8 243/4 Feb 3 49 Jan 6 111% Feb 9 16 Sep 15 22% Sep 3 28 Mar 17 7 24 Jan 22 27 78 Dec 11 95 21 28% Sep 83'% Sep 14 413/o Jan 41% May 19 May 12 5 . 2 10 Dec 7 o:,/4 Pep 4 25% Aug 20 16% Dec 12 50 12 48 25% July 16 72% Jan 30 18% Sep 14 24% Mar 17 47 21 64 26% Dec 21% Nov 23 Jan 54% May 20% Apr 15 Jan 2 Dec 8 14 % Sep 14 Oct J 8% Mar 7 Sep 56 18 38'A 383/4 38'A 38% 35% 353/4 "351/8 36% 19 14% 18% 14% 19 19 13'8 14'A 6,700 13% 13% 16% xl3% 13% 16% 16% 13% 16% 133/4 16'A 16% 4,400 xl6 Kelsey Kennecott Feb 4% 11% Jan 23 10 34 14 21% Dec 16 14 3/8 Sep 4 % Nov 30 29 6 3/4 Nov 3% Dec 4 5% Feb 23 29 13% Dec 18 Nov 17 X33% Feb 27 7% May Jan 7 42% Dec 23 1 9 Feb Jan 29 76 Dec 15 173% Apr 30 61% Jun 4 2 May 1 74 Dec 48% Jun 25 21% Dec 26 14 16% Oct 1 Nov 18% Apr 11% Oct 26 46% Mar 17 22 Jan 2 75% Apr 14 15 24% July 1 28 18% Jan 4 31% Nov 28 23% Jan 30 x27% Nov 5 7 4%% 42% Feb ' 4 10% Apr 13 10 63% Dec 9 155 Jun 39% Dec 82 28% Sep 15% Sep 17 20% Apr 10% Sep 23 1 14% Jan 2 102 Jan 101 July 14 2 7 .17% Dec 107 2 Dec 24 106% Nov 21 143 Jan 33 5 Jan 3 25% Dec 18 158% May 24 Life Savers Liggett & 7% 3%% Lockheed 18% Mar 25 110 4.75 14 9 5% 7 23% Dec 9 30% Aug 160% Dec 5 Dec 11 2 6 May 25 36% Sep 15 7% Oct 23 35 % May 25 97% Nov 300 1,400 "48% 50 "48 400 50 "48 50 "48 50 "20 48 48 201/4 "20 2OV4 "20 2OV4 "20 20% 20 20 100 49 48 3/4 500 22 "4% 88 8% "86% "861/2 9 8% 22% 88 83/4 22% "86% 22% 8% 8% 27 26% 26% 26% 27 27 27% 15% 27% 153/, 151/4 14% 15 Ve 14% 15'/4 14% % % 1:1 Mi 15 % .!;! % 3/4 % 6,200 27% 15% % 7 7 2 7 2 7 2% 2 V4 6% 6% "2 "63/4 2% 6% 2 6% 2 4,000 8,600 12 12,400 6% 2 1,300 2 900 1 34 3434 34 Ve 34%. 34% 34% 34 % 34% 15% 34% 5 15% 34% 15% 15% 5,600 15% 1534 153/4 16 16 No par 10 17 17V8 16% 16% 3,600 17 163/4 16% 16% 17 16% 17 41% 42 Ve 41 41% 40% 41% 40% 41% 40% 9Ve 41Va 6,000 9 9% 9 Ve 9,000 new— Co 9 7 5 com "38% 38V2 25 x68 68% 100 Tobacco 161 1611/4 38 38% 671/4 160 68'/a 160 9 9% 38 76% 74Vb 743/e 41 % 41% "40 'A 40% 39% 23 23 »/2 "22 34 23% 23% 64 Ve 30% 30% 30% 30% 30% 183/e 18% 18% 183/e I8V2 "155 23% 30% 19 —No par — 38% 67 160 74% 2.50 Corp com 9 38 6334 160 No par Corp Co 1,200 88 8% 26% No par preferred 100 "67 6 71/2 1 26% 27 12% 12% 30% 10 ; 30% "67 "74 74% 9 % 39% 9 38% 7,200 39 1,600 66 65% 66'A 158 155'/2 155 3A 49,100 690 74 74 39% 40% "39'/a 23% 2434 "24'A 243A 2,400 30% 30% 30 30% 10,300 18% " 40 19 18% 19 73% 74 1,400 40% 1,000 4,500 67% 67 6? "65 67V4 "65 27% 273/8 26% 27% 27 27 % 27 27% 23,000 xl2% 12 »/4 11% 12% 11% 12 Ve 11% 12 20,000 30 6,700 23% 8,500 301/2 30% 29% 30% 29% 29 Ve 293/4 67 100 10 23% 23% 23% 100 107 % 107 % "107% No par 23% 231/4 23 23 223/4 23 223/4 23 223/4 22% 1,700 10 17 Ve 171/4 17 17 % 17% 17% 17 171/4 17 l7Ve 9,200 preferred (Md) A com 23 V8 108 23% 108 233/4 23% 108 108 23% 108 23% "108 108% 100 "106% 108 "105V4 107V2 "1051/4 107V2 "1051/4 1071% "105'A "102% 104'A "1023/4 1041/4 "iU2J/4 iU4 */4 "llW/4 104'/4 "1023A 104'A 100 .106% 106 3/4 "1051/2 107 "105 V2 107 "1051/2 107 "105% 400 107% 100 preferred 107 25% 50 26 Ve x24% 100 "158 1591/2 "156% (Ky)_Nopar 41 411/4 41 Ve 411% 41% 41% 41% 411% 41% 42 1,600 61% 61 % 61 % 613/4 61 Ve 62% 62 62 62 62% 3,100 31 3/4 2,800 10 common Louisville Gas & El Co Nashville & "86% 8% 20 1 Libby Co 22% 88 "48 25 preferred Louisville 88 8% 8% 49 No par preferred series C Lowensteiir (M) 4%% "86 % 10 No par (P) 9% 14% 5 B 9% 14 Ve Corp series 7% 9 453/4 Jan 934 15 common Lumber Lorillurd 3 67% Jan 5,000 9% 15 Aircraft Corp 5.25% 42 9% 9% 14% Long Island Lighting Co 5.25% pfd series A Jan 15 6,700 14% Corp Clip Long Bell 106% Dec 10 43% 15 Products Myers conv 106% Jan 55 43 "14% convertible 6 34% Jun 43% 2,100 , 4% Locw's Ine 13 30 48'A 22% Corp 10 48 4% common 15 % Jun 9% 47% 43 22% Cement 35% Mar 26 93i 47% 43% 43/4 Gas 14 10 150 47% 6,200 22% Star 92 9% 7,300 333/8 22 Star 30% Apr 43% 31'A 843A 33 43/4 Lone 7 47 Va 43% 31 "84'A 22% Lone 8 47% 431/4 84i/4 15 5 23 30 47V8 43 % 31'A 333/8 15 15 41% Dec Jan 47V2 43% 84'A 33 Va "41/2 preferred— 27 67% Dec 33% Aug 99% July 33% 22 % Libbey-Owens-Ford Glass 29% Nov 21% Oct 30% 84'A 33 43/4 (The) Liquid Carbonic 9 50 84'A 33'A 1st preferred—No par 2nd |>J'd No par 4 20 8 84'/4 33 50 Valley ItR Valley Coal 13 20 16 841/4 33 % 22% Feb 14% Mar 25 31 t 84% 33 47% Coul & Navigation Co Portland Cement-. 3 74 30% "84 Bell. Co 24 % Feb 91% Jan 160 48% Lionel Corp (The) Lion Oil Co 52% Feb 37% Oct 783/4 "24% •' 22% Aug Sep 31'A "4 1/2 Apr 18 78 30% 22Va 34% Mar 19 Jun 100 79 31% 4% 26 147 31% 31 Ve 92 101% Jun 20% Aug 31% 10 : 22% 110 12 200 33% "783/4 4% 15 May 25 "32 Vo 79% 25 22% 16 Jun 25 33 % "78% No par 1 15 97 "24 V8 "32 79 pfd_75 Pesos Mex Sep 23% Jun 101 25 33 10 1033/4 Jun 43% Feb 25 79 48% Link 18 26 "24% 22 »/e cs 240 "31% 49V4 t.ibby McNeill & 4,100 79% 22% Lemur Stoi 500 48% 106% 33 "48% iioiioiiiii 211/8 48% 25 48 3 4 noncuni 21 Vb "105% 24% 22% $3 106 "78% 22 % Tulip 21% Feb 21% 48% I 49 106 "31% 4 Lily 38% Mar ' "21 48% 106% No par 27% Mar 27 14 21% 48'A "105% 100 47% Mar 16 15 Jun 6 "21 48'A 106% 48% Lehigh l«liigh Lehigh Lehigh 6 77% Dec 9 64 10 Aug 171% Nov 5 21'A 47% 106 5 Fink 7 21 48% 104% & Tire Lehn 14 .n 17,500 16,300 (James) & Sons Co common—3 3.85% preferred 100 Rubber Corp 8% Jan 62% 43'A 1 50c 22% Mar 17 623/s 41% Co Lehman 11 63 3 8 43% 48% preferred 6 18% Mar 27 62 Vo 42% 1 (The) 12 2 633A 43'A 15 Co_ 22 Nov 63 42'A 1 Lane Bryant common Lai)e-W elks 64 'A 43 Ve No par (The) Co 4,700 63 % 42% 21 No par La Consoliduda 6% 16% 65 V8 443/4 104% Co— Laclede Gas Lambert 16 Ve 300 a 100 & Co 4% Jan 16% Sep 333/4 Sep 34% j S) 14% Jan 36 353/4 Sep 24 19 % Feo 9 15 30 33% Nov Jan 58% Jun Jan 20 1% Jan 7 14 Mar 24 22% Jun . 17 11 xl2% Apr 66 Dec Nov 13 38 160% Jan 43 25 28 35% Oct 49 16% Mar 28 2 34 21 95 18 2% Jan 17% Jan Nov (S 16'/8 3,000 21 No par preferred (S II) 64 3 38 43 % 2.50 King-SeeJey Corp Kinney (G R) 'Co common $5 prior preferred Koppers Co Ino common 18 23 1 % Dec No par No par Kimberly-Clark ' Corp com 4% conv preferred (cum). Lee 7% Oct Feb Copper Lees 86 13 1 County Land Co Keystone Steel & Wire Co 9 25% Jun July 14 5 Kern 3 26 70 50 105% 19 Vo 29% Feb 30% Nov "104% 36% Mar 12 92% May 1 9% Dec 22 8% May 105'A 38'A Jan 21% May "104'A 19'/a Kroger Co 9 105'A "104% 4,100 95 100 "35% 4 9 "98% 19 Va 45 Jun 98% 363/8 Kress 8 98% 38 Kresge 4% Nov 99% 19 5 19% Jan "98 363/a 5 19 99 Shares 33 38 5 21 95 19 % 57 % P-b Jan 32% 36% 93% Jan 9% Dec 23 32% 95 38% (Julius) Sz, Co— Hayes Wheel 35% Jan 7% Jan 32% 95 19 Kuyser 8 24 33 95 "36 4 Nov "32% "94% 105% the Week Dec. II 50 25 28 Friday Dec. 10 :<5 99 105% 37% Sales for Thursday 32% >94% 100% *104% PRICES Dec. 9 8.75 Dec 37 % Apr ■=■99 No par lion-cum 47% Dec 42% Dec 24 94% SALE Wednesday preferred 4% 33 8 20% Jan Common 54% Sep 5 100 100 32% 94% City Southern— 97% July 30 39% Jan 5 11% Mar 88 60 Oct 8% Mar 13 45 82 6 16 39 V4 Jun 3 Jan 25 5 % Dec 14 Nov Nov 21 18% Oct 18 37% Oct 21 20% Jun 80 50% Mar 25 31% Jan 9 7 7 15 13% Sep 59% Sep 14% Dec preferred— preferred HIGH Dec. 8 32% __100 AND Tuesday Dec. 7 Kansas Power & Light Co 28 1 49% Jan 28 34 July 45% Aug 10 25 70 Apr 8 35% Oct 23 91 July 26% Dec 27 10 26 22% Aug 51% Sep 1 Apr 110 92% Jan Sep Monday Par preferred 4.50% 17 4 9% Feb LOW STOCK Kansas City Pr & Lt Co com_No par 9 Kansas 16% Jan YORK EXCHANGE Dec 36% Sep 32 % Jun 68% Oct Continued—Page 7 STOCKS Year 1952 50 & Sons Inc com—1 preferred series A Lukens Steel Wood 100 Co Working Co 10 323/4 33 "97 32'/4 99 "41% 42 "97 25'/4 159 32 3e 99 41% 41 % 23% "1561/2 3134 "97 24 251/4 158 "155 32 31% "97 99 40% 40% 40% 24 Ve 158 31% 24 s/8 155 31% 25% 48,103 155 10 99 "97 99 41V2 "41% 41% 600 M 10 Nov 14 40% Aug 1283A Sep 15% Jan 4 45 10 135 25 May 7 41 Jun 3 12 Mar 20 M 8 45 Feb MacAndrews 132 125 Jun 24 Oct 30 17 Vb Jan 28 Sep 17 lOVs July 13 243A Oct 22 31% Jan 30 21 Va Sep 29 90% Jan 28 78 7/a Sep 14 87% Mar 27 7% Oct 16 6% Nov 2 9 May 8 9Vb Jan 12 12 84 Dec 7% Aug 25 7% Oct 16 26% Oct 30 15% Aug 13 485 Apr 9 -7Ve Dec 24 6 Dec 20 Apr 19 18 95/8 Mar 13 10% Jan 5 Feb 8 22% Nov 14 39 536 Dec 21 Sep 15 15% Sep 15 10 517 11% Mar 18 4 8 23 Jan 30 Spp ' 15 Dec 15Ve Nov 26 % Sep July 11 22 8 Jan 32 8 2& Mar 9 Jan 16 2 12 Ve Jan 17 6% Sep 18 11 29% Jan 28 16% Sep 21 25 Dec 22 11% Jun 10 13 Vb Dec 57% Jan 22 52% Jun 15 58 8 22% Sep 15 25% Mar 19 Nov 2 25 17 13 27 % July Oct 7 94 Jun 9 8% Jun 25 16 Dec 19 85 9% Apr 80 25% Jim 17 25% Feb 2 18 17% Sep 15 21% Nov 16 10 34 % Aug 28 41% Jan 2 3 295/a Jan 25 2 90% Jan 113 Jun 10 98% Jun 30 34% Aug 11 27% Jun 10 98 July 21 83 % Jun 5 12 2 97 May 7 82% Jun Jan 10 87 May 2 75 July 14 Vo Jan 4 31 16 Sep 15 45% Jan 18 79 19% Dec 51 Dec 2 110% Jan 5 32% Mar 23 $3.75 cum cumulative 21 Mar 16 45 Sep 29 52 Mar 12 4 15 Dec 4 21 'A Mar 25 14 30% Feb 10 45% Nov 13 20% S*p 41% Nov 27 45% Feb 17 65 Nov 5 17% Mar 7 12 Nov 10 98 % Apr 15% Feb 25 74 Sep 28 92 71 28 57% Sep 26% Sep 15 22 52 Nov 20 83% Apr 333A Nov 17 46 Jan 28 233A Jan 23 26 VB Jan 7 12% Nov 3 15% Jan 21 1 17 71% Jan 12 2 39% Dec 3 12 26% Jan 21 14% Jan 22 11% Sep 24 21% Sep 14 28 Mai' 20 83 % Oct 13 95 May 26 Va Dec 24 26 Ve Jan 94 8 35% Dec 2 28% Feb Aug 19 22 8 Nov 33% July 19'A 4 14 July 15 86 12% Oct Sep , Jan 73'A Mar 12 Jan 2 2 3/4 23% Mar 3 16 Feb 8 12 1 $3.75 preferred—— Maytag Co $3 McConl 69 McGraw-Hill Mclnlyre McLellan McQuay Mead Stores 2 28"2 Mar 19 Melville 14% May 22 Mengel Shoe Co Aug 19 15 19% Jan 7 Mercantile Sep 14 25% Jan 5 Merck 93% Dec 12 80 May 5% & Oct 27 $3.50 preferred Jan 20 $4 12 S4.25 Sep 15 31 ,lo v 30 Jun 16 31 Nov 22 Oct 15 28% Jan 2 22 18 54% Feb 11 30 Nov 4 923/4 Jan 33% Jan 23 25 39% Jan "12% 25% 86% conv 47% Co 2 Metropolitan Edison 3.90% 100 "89 3 93 'A Feb 4 3.80% 100 "91 100 "103 104 5 Mid-Continent 22% Jun 9 9 Middle 20% Feb 14 28% Nov 28 27% Mar South 13'A 13'A 13'A 5,600 18 17% 17% 18% 18 Petroleum Utilities 17% 18 7,600 "17"8 17Ve 17% 17% 17% 17% 17% 175% 3,000 39Vo 104% 39% 39% 39% 39% 40 39% 403/e 14,200 105 "103% 104% 28% "90 89 2 "83% "17% ,>47 15 21'A "42% _125® "77% 68% 34% 54 38% xi9% 12% 26% 86 27% "12% "46 16% 105 "104 105 105 29 29% 29 29% 28% 91'A 90 90 89% 89% 89% "90 91 "90 91 "90 91 85 "83% 85 "83% 85 85 17% "17% 17% 17% "83% "17% 47% "47 47% 47% "47 300 29 "90 29 91 % 71'A "47 6,400 420 280 809 173/4 473A 15% 15% 15% 15% 15 Ve 15% 15 V4 2,800 21% "21% 21% "21'A 213/4 21'A 21'A 1,000 43 "42% 43% "42% 43% "42'A 43% 12V8 12% 12% 12% 12% 12% 78 76% 77 Va 76 771/4 76% *76% 760 69 69 69 3 8 69'A 6934 69 69% 1,800 34% 34'/8 34% 34 'A 34 >4. 34 34'A 800 54 53% 531/2 53% 5334 533/8 53% 1,800 38% 37% 38'A 37% 37% 37% 37% 2,800 20 19% 1934 19% 193A 19% 19% 2,400 12'A 26% 86 12Va 26% "85 3 4 12 'A 12 Va 27 26% 87 "85 34 12% 121/8 26% 87 12 5,700 600 12 26% 27% "86% 87% 7,200 150 27% 27% 27% 27% 27% 27 V8 28 3,000 12'A 12% 12 '/a 12 Vb 121/8 12 12'/8 1,500 47% "461/a 47% 47% "46 16 % "16 20% 88 20'A "86 "46'/e - 473/8 ' ■_ 16% 16 16 16 16 1,300 20% 20% 20 V8 20% 21 18,400 87 87'A 87 87 9 6'A 97 97 97 95 93% 94 87'A 97 96'A 96'A 93% 94 94 "94 25'A 25'A 2534 26 28% 28% x30 400 1,500 - 310 900 2,700 30 900 120 pld—100 91 91 "91 92 "91 92 92 92 92 100 "101 103 102 102 "101 102 "101 102 "101 103 92 "89 92 "89 92 "89 92 "89 92 96 "91 96 "91 96 "91 96 "91 96 103 IP* 102 series preferred series preferred series •r 4.<4.45%; preferred series Miami Copper — 2 13% 28% July 29% Mar 13'A 30% 84 66% Jan 13% 28% 95% May 23 109% Aug 8 107 % Feb 19 13% 30 % 4.35% 14 13 A 17 /8 31 3.85% 22 27,100 2838 2 May 21 1,260 163/8 "84'A 86 25% 13 7,600 84% 16% "85% 31 Feb 56 84% 86 28'A 93 % Jan Sep 23% "25%' 14 18% Sep 23% 28% 12 55 Va 21,600 12% "54% 23% 26 p 99 13 VB 13 Ve 55% 23% 23% 31 S 28 9,900 31 Jun 18 19 VB 25% 28% 95 81% Jan 12% 1,800 18% "54'A 13% 56 23% 100 7'/a 19 31% 88 26 Vb Dec 12% "55 5'A 22% 7% 28% 26% 3 8 23% 18% 19 500 7 31% 25 6 "22'A 7 7% 28% May 27 16 22% 22% 12.50 Co Jun Jan "22'A 22 % —5 Linotype 97% Jun 58% Oct 5'A 16% "85% x96% x93% 101 .20 5% 5'A 96 108 20 "5'A 5% 88 98 3 Oct 10 3,000 4 95 "26% 2 91% Feb 12 7/e 55% 1,900 4 4 18% 2,800 163A 4 4 535 "86% 98 Merritt-Chapman & Scott 105 18% 25'A 4 Ve "525 7 16% 3,200 86 No par Mesta preferred 7 Ve 25'A 6% 535 532 No par No par 14 98% Jan 5% 16% 190 8 "525 "525 Va 25 % 6% 16'A 20% Jan 105 16% "7% 16% 21 Jan 11 16% 6% 16% 20% 91 Jun 25 25 8 16% "46 16Ve 16% 6% 20 16'A 3% 101 86 e 6% No par — 9 Machine 27% 12% 12% 26 86% 27% 12'A 7 18V" 12/8 16%c preferred—50 Inc pld preferred Mergenthaler 1 common 2nd 2nd 100 1 Co Inc 96% Nov 37% Dec 10 Co 1st Stores Co 10 89 39 20% common convertible 21 111 20% Corp 92% Jun 4 1 (1st series) (The) 91% Sep 7 34% 55 38% No par Mfg Nonis 15% Sep Nov 34% 54'A 5 Co preferred 14 28 5 18 Mines Corp common 4%% 17 2 1 Publishing Porcupine 9 Jan Co McKesson-& Bobbins Inc 22 121 50 13 77% 50% Mar 12 4 3 12% 77% 35% Jan 3 No par No par 69 21% Dec 84% Jan No par —No par common Electric 6 104% Oct pfd M'cGraw Sep 50% May 21 1947 17% l77/u 38% 39% "104'A 105 r 28®'8 29 91% 91% 89 90 "83'A 85 17% 17% "47 47?i "15 15% 21% 21% "42% 43 McCrory Stores Corp common—50c 3%% convertible preferred—100 10 46 5 preferred 16 Oct 100 common Corp $2.50 5 .-No par series.No par Corp Dec 22 pfd com preferred McCall 15% Apr 47 1 Corp 4.25% conv preferred May Dept Stores common $3.40 30 30 Co Chemical 6 31 28 Corp Electric Mathleson Jan 195/8 Dec 14% Oct Master 95 26% Dec 89% Dec 13% 1 18 85% Nov 24 7 55% Mar 13'/a 17% 20 12 28 No par No pur — Co Jan 15% Mar Feb 86 16% preferred (Glenn L) 95 x22% Nov 42 16'A Masonite 16% Sep 20% Feb 49 % Apr 90% Jan 1 Martin-Parry Corp 38 Vb Oct 104'/a Jan 100 23 "85 5 17% May 12 30 "54 A 7'/« 18% 12 Va 4 16% "7% 8 6% 24% 16 Ve 23 23/a J 4 Vh Mar Sep !5/e "22 56,. 14 2 2 4'A'A 28 23/s 85% 10 !). 022 6% 25 055„/ Martin 88 '/a Mar 534% 534% 41/8 4"8 5 /8 5 8 "7% 8 535 5 18% Mar 20 13% Jun 15 28 16 A —50 8 80'A 16 /4 No par 16 80'A 10 (conv) Sep 6,400 80'A Co com 12% Jun 21% 80'A 6.25 Corp common & 213/e 80'A 1 —£ preferred 26,400 80'A 71/8 18,/2 12 Exploration Midland 4'A% 13% 80% No par 5 Shirt Marshall Field 12% 8 6% 28 8 16% "525 4 500 13% 8% 25„, 6% 25 2,800 13% 21 % 14 8'A 43'A 132 14'A 21 'A * 8 43'A "128 13% 21% —50 Bros Marine Feb 814 43 132 21% 1 Corp "128 129% 21% Manati Sugar Co Marathon Jan 33% Jan 215/8 Oct Mahoning Coal RR Co Oil 8 42% 43 43 129% 14Va 14 No par — Maracaibo 132 21% 80/4 * 7/a .-No par Manhattan Mar ??,/4 8 8 43% "43 ■» 100 Garden Magic Chef Mandel ?2 21% 80x/+ No par Magma Copper 8'/« Feb 8 % 8''8 43% 1 (R II) Co Inc com 4'A% preferred series A Square 8 » ^3 A 2172 88/* 5 Macy Madison 8 14% Mack Trucks Inc Magnavox Co (The) 24 10% July 0 common—10 100 9 Mar 23 8% Oct 23 Forbes & preferred— 6 552 22% Apr 52% Feb 6% Apr 14 4 10 M 22'A Jan 8 7 M»r 24 A, —5 . 10 Inc—No par 92% 50 — 104% 40 21% 21% 21% 21% 21 % 21% 21'A 21'A 21'A 21% 4,100 60 60% 60% 6012 60 3 8 60% 60% 62 62'A 62% 6,900 x27% 27% 27 2 7'A 27% 27% 27% 27'A 27% 27% 9,600 102% "103 , 104'A 103 Financial Chronicle The Commercial and 24 ... Monday, December 14,1953 (2320) RECORD NEW YORK STOCK Lowest Highest 1 4 131% Jun 20 139 Sep 30% Dec 11 3 46% Dec 39 la Jan 125 % 0*t 7 21% Oct 16 % J»n 26 17% Nov 28 19% Dec 19 9% Dec 8 19% Jan 2 18 53% Feb 27 68% Nov 30 Sep 16 122% Nov 27 23 Apr 94% Jan 11 9 % Dec 11 13% Feb 26 15 % Oct 23 14 62% Dec 3 116% Dec 2 105 48% Jan 2 42 Jan 39 Apr 24 101 Va Feb 25 Oct 28 24% Jan 2 16 -100 10 Minneapolis & St Louis Ry__No par 105 69 Nov 24 20 60% Dec 23 Nov 19 91% Jan 11 Nov 7 30% Jan 9 25 Oct" Oct 1 88 Jan 5 18% Nov 80 23% 9 26% Jan 22 17 21% Nov 5 19% Nov Corp Marie__No par 9% S 15 37 24% Oct 13 34% Mar 25 Mission 15 3 8 Oct 22 20% Jan 22 15% Sep 14 23% Mar 25 Mission 33% Oct 16 38% Dec 11 34% Jun 10 41% Mar 17 33A Oct 10 8% Feb 15 4% Sep 18 16 67% Dec 31 57% Sep 15 50 Jan 33% Sep 21% Apr 21 59% Dec 23 24% Nov 12 31% Jan 7 23 % Dec 12% Mar 4 14% Aug 5 13 15 20 18% Jan 4 15% Sep 82% Oct 30 109% Jan 2 79 tMissouri 23 8 32% Mar 12 Mohawk Carpet 15% Mar 25 Mojud Co 11 20% Mar 23 Monarch 95% Jan Sep 15 21% Nov 17 28% Jun 30 17 % Sep 14 28% Mar 11 Montana-Dakota 26% Apr 16 31% Dec 19 25% Jun 10 32% Mar 26 29% Nov 17 40% Dec 22 67% Jan 2 53% Sep 18 60% Mar 19 16% Jan 2 18% Aug 5 11% Sep 15 18% Apr 15 Nov 3 14% Jan 10 10% Sep 15 15% Apr 16 43 % Jan 12 36 Aug 22% Jan 23 Feb 30% Nov 24 22% Nov 24 34% Mar 18 Motor Products 15 22% Sep 15 27% Jan Motor Wheel 8 21% Sep 14 27% Mar 16 Mueller Brass 29% Jan 1 25 18 Sep 15 26% Mar 13 Mullins Mfg 14% May 19 13% Jan 26 12 Jan 5 57% Jan 4 44 Oct 26 106% Oct 6 Dec Nov 104% May 18 16% Sep 15 28 21% Dec 1 110 18% May 1; 42% Mar 13 4%''/> 3 4% 4'/a 24% *13% 24% 67% 41% 23% 17 84% 5 No par 30% 30% I No par 33% 56% 34 56% 5 4% 50 Feb 25 36% Nov 12 51 Feb 2 16% Sep 13 25% Feb 26 74 Aug 25 4 52% Feb Co 15 99% Jan 2 84'A 19% 20% 16% 20 31% 37 % 56% 30% 34 55% 14 16% 84"% 20% 36 55% *19 27% 16% 3,400 38 4,100 " 14 100 17 700 37% 55'A 31 37% 40% 21,900 55% 38% 56 20% 31 56% 17,100 12% 12% 31 Vs- 23 23% 22% 22% 23% 23% 21% 21%' 13'A 13% 2,600 45% 2,300 24 1 6 1 20% 13% 44% 21% 13% 44% 107 18% _ : common 100 10 50 preferred 107 *18% 44 38 44 38 17% No par 21% 21% *13% 13% 44'A 44% 107 107 18% 18% *43%" 44 37% 37% 18 21% 13% 13% *44 44% *106% 107% 18% 18% *43% 44 37 37 x20% 21% *13 13% 44% 45 107% 107% 18% 18% *43% 44 . *36% 3,300 12 31 23% 22% 23% >. 24 4,600 12% 23'A 22% 22% 21,800 20'A 20% 31% 23% 5,200 " 12% 13 23% 22% 23% 21 % 84% 84 31% 23% 23 24% 900 23% 23% 17 84% 12% 24% 12,100 *16% 30% 23% *22% 10,900 *13% 12% 24% 4,600 65 41% 40% 24 14 31% 23% 23 4% 4% X64% 12% 24% 2,400 16% 30% 23% 22% 6,200 37% 4% 12% ..loo 20 27% xl9% 30% 12% 110 : 19% 19% 12% 12 110 10,500 71 % *71 31% 12% '7,200 9% 9% 12% 12 10 5 & Bros 102% ' 30% 12% 10,375 59'A 102% 12% 12% 1 C) 16,300 115 58% 31% Corp (G 10,800 114% 12% Co Corp 10 % 63% 10 67% 42% 84 ' 9,600 19"% 17 84'A 19% 31 31% 39 56 22% 63 31% 12 Corp E) *16% *13% 700 22% No par Co preferred Myers U' 14 21% 27"% 17 37% 4% 67 41% *23'/a *13% 67% 43% 23% 16% 84% 19% 42% 24% 13% 17 85 4% 80 *21% 19% 27% 16% 37% 4% 67% Murray Corp of America com 26 42% Aug 26 48 24 110% Mar 24% Feb Murphy Co 6 Jan 50 37% No par Munsingwear Inc 5 19 37% *19 19% 1,500 129% 129 3 31 6 37% 4% Inc Dec 25 49% Dec 48 6 37% 42 23% 13% Lines & (John) Dec 32 1 20 22% May 11% Jun 14 17 67% (The) Moore-McCormack Morrell 17% 43% Montgomery Ward & Co Motorola 28% 20 1.25 Utilities 25% Dec 14 Mar 18 44% Oct 7 11 20 17 68 Monterey Oil Co 55% Oct 19% 27% 17% 71% 19 20 28 17 38 4% Co. Montana Power Co 20 28% 19% 28% 17% 37% 71% 19 19"% 27% 42% Tool Chemical *19 67% Mills Machine 9% 71% 10% 10% x62% 63% 114% 115% 59 59% 102 102 9% 9% 71% 71% No par A conv Inc. Monsanto 20 '100% 10% 9% 31% 63% 64% 115% 116% 59% 59% 102 102% 9% 9% Shares 31 30% 31% 129% 129% "21% 22 *22% 22% 100 pfd_100 com series RR 5% Pac 5 Jan 16% Oct 58 % Jan preferred 7% 6 Co RR Missouri-Kan-Tex 6 % Mar 12 70% Aug Corp Development 116% 57% 1 5 10 Mississippi River Fuel Corp Mar 12 9% 9% 63 % 64% 115% 116% 57% 59 *101% 102 9% 9% 72 72 *19 19% 64% 117% 58% 102 9% 71% 19% & S Paul 21% 22"% 21% x22% 9% 64 % St Minn 29 104 Oil Minneapolis-Honeywell Reg 1.50 $3.75 conv preferred——100 Minn Min & Mfg common—No par $4 preierred No par Minneapolis-Moline Co common—_1 $5.50 1st preferred 100 $1.50 2nd conv preferred 25 Minn Power & Light new No par 3 Jan 19% Jan 6 1st preferred 8% Midwest 24% Mar 20 9 45% Feb Mar 9 22 6 107 Feb x31% 31% "129 131 21% 21% 22% 22% 33% 33% 130 130 34% 129% 129% '21% 22 22% 23 Salei far Dec. 11 Dec. 10 Dec. 9 the Week Friday Thursday Wednesday Dec. 8 34% 5 Midland Steel Prod common 7 30% Jan Oct 20 46% Jan 139 Far EXCHANGE Tuesday Monday Dec. 7 STOCK YORK NEW Range Sinee Jan. 1 Lowest Highest Year 1952 HIGH SALK PRICES LOW AND STOCKS Range for Previous *44% 900 "6,200 . 3,200 2,8oo ■ 3,400 14,400 50 108 108 2,000 18 % 17% 43% 43% .300 36% 36% 500 38% N 17% May 1 22% Dec 1 20 60% Feb 100% Dec 18 31% Apr 15 36 11% Oct 15 16% Oct 24 19 Apr 23 29% Apr 161 % Jan 23 8% Oct Sep Nash-Kelvinator Nashville 36% Mar 25 National 14 15% Jan 8 National 22 21% Mar 9 National Automotive 1 28 16% Jan 4 11% Sep 20% Jan 8 16% Sep 23% Dec 1 19% Sep '15 25% Mar 20 National Aviation 35% Dec 31 34 38 Mar 19 National Biscuit Co Aug 179% Jun 18 12% Jan 2 21 28 Oct 6 Sep 14 158% Jun 10 14 49% Nov 3 61 % Mar 19 26 2 14% Nov 25 13% Jan 13% Jan 7 13% Jan 14 2 National City National Dec Aug 31 20% Dec Sep 21 56% Jun 1 $1.25 2 22 17% Jan 4 12% Nov 25 15% Jan 8 30 34% Jan 2 16% Sep 22 23% Jan 6 National Sep 18% Jan 16 110% Jan 24 87 % Jun 26 99% Jan 5 91 17 2 Jan 25% May 165 7 8 33 Jan 29 177 Jun 18 15 24 147% Apr 9% Jan 24 7% Dec 23 40% Jan 26 43 9 1 May 34% Sep 53 25% Jan 30 31% Nov 24 27% Oct 22 35 85% Jan 15 19% Feb 23 101 Jan Nov 5% Sep 14 6% Oct 22 10% Feb 16 1 13% Dec 10 104 % Jan 7 16 9 % Jan 3 13% Sep 43 % Jan 4 Jan 30 12 . 84 Jan 16 66 National Sugar Ref National Supply (The) 4%% 24 4.20% Vulcanized 12% Jun 11 4 Apr 21 56% July 1 20% Feb 4 85 75 66 8 Neisner 4%% 15% Nov 29 30 Inc 3%% 34% Feb 20 49% Dec 100% Jan 9 14% Apr 24 17% May 26 10 109% Mar 9 9 Oct 10 Dec 5 9 80 Mar 24 400 73 673 2 Sep 6% 70 Jan 20 11 92 Feb 9 520 Jan 8 N 34 N 14% Feb 13 24 % Dec 23 May 5 19% Jun 16 46% Jan 2 63 % Nov 25 51 13% Dec 22 18% Jan Jan 16 85% Jan 24% Jan 76 Jan 82 $5 Air Feb 18 65% Feb 5 Nov 6 21 Y New 2 15% Jan 7 35% Sep 5 21 37% Mar 23 2 94 Apr 3 31% Sep 80% Jun 11 92 Jan 22 2 28 Jun 6 24% Jun 10 28% Feb 80% Nov 2 St & Louis series *14% 8 15 • 33% 90 14 92 43 33 *88Va 13% 100 ' *89 43 14 14 *68'/a "69 RR Haven 5% No par Co__ Hartford & series Electric & TU».,f 469 *400 50 *25% Co_100 58 1 28 Gas 36% 36% Corp—' * 16 22% Jun 12 26 Jan 16 16 19 Jun 19 23% Mar 24 North American 8 20% Mar 19 North American 5 10% Jan 2 82 Jan 2 105 Jan 94 Jan 11% Apr 13 % Dec 16 90 % Dec 1 11% Jun 78 16 Apr 24 <u 14% Mar 12 $3.60 Mar 19 39 Va Dec 22 3.4% Jun 10 39% Feb 2 Ohio Edison Co 106% Aug 12 94% Apr 10 94% Jun 12 83 12 16% *64 65 *63 65'/a ■ 88 88 89 89 *400 469 *400 469 469 i 16Va 1,100 *63 65 120 89 110 *400 469 25% 26 Va 25% 26'/a 25% 26% 8,600 55'A 54% 55 Va 5£% 55 % 54 54Va 3,900 28 28 Va 27% 28 27 27% 26% 27% 3,200 36% 36% 36% 36% 36% 36% 36% 36% *88 % 92'A 90 *87 , *88% 92% 92% 18,000 79'A 79% 1 8% 8% 8% 8% 8% 8% 8% *84 Va 85'/a 84 % 84'A *84 Va 85 Va *84% 38 Va 10 100 100 106 58 Va 38% 106 59 Va 38 *104 58 38% 105 58% 38 105 58% 38% 38% 24% 24% 24 % 22% 22% 23 20,400 20 Va 19% 20 21,600 9 4,100 8% 38% 105 58 59 14 13% 1 13% 14 83% 84 107% 107% *97 16% 98 17Va Co__ 10 9% 9% 25 common preferred 17% 19Va 18 19% 38% 39 2,50 13% 85 *107 *97 17 9% 17Va 20 14 85'A 107% 98 17 Va 9% 17% 20% 13% 84 Va 107% 14 85 107% 84% 107 13,200 2,200 85 Va '10 38% 39 % 6,000 105 105 59 8% - *84% 85 105 , V# 1,230 105 58 58% 13% 13% (Minn)— 100 420 1,600 18% 19% 50 300 40% 22% Co 5,900 50 28 18% 24% Ry 90 27% 40% 20% Co Inc 7,500 106 Va .• 25% 25'A x54% 22% Co Pharmacal 40,300 89 24 Gas Airlines ♦105 Va .. 22% Northrop Aircraft Inc 4.6% - 16% 20 15 Norwich 106'/a 16% 23% 12% Jun Northwest *105 Va 16% 20% 7 9 106 Va *16'/a 23 15% Jan 13 *105 V* 24 100 13 *105% 106 Va 16 Va 16% 64 64 *86 88 20 100 14% Jan 35% 22% preferred 24% Jan 35 24 preferred 25% Apr 35% 20% $4.10 9 34% 23 $4.80 9 35 24% Mar 12 18 20 34% 20 Jan 9% Dec 19% 34% 22% 109 17% Dec 20 34 'A 30 " 24 1 101 18% Sep 19% 10 19 28 20 25 18 31 19% 18% 89% Jun 31 19% 40 yB 100% Jun 16% Jan 6,300 18% 7 27'/a Jan 18'/a 19% 40% 25 25% Jan 18 Va 18% 18% Nov 8 18% 19 41 102 9 Sep 1,600 18% . 40% 3 18% July 18 26 Va. XI8V4 5 19 26% 18% preferred 11% Sep 26 Va 41 % 5 30 26 18% Nov 18% Mar 17 26 40% 110 9 26 69 *68'/a 18% Common 87 5,000 26% 69 41% Capital Corp Pacific 5.600 13% • *68 18% Co States Pwr -42% 13% 14 69 40% preferred Ni 40% 13% 13% 13% 69 2 Aviation Central Ry Northern 42% 42 Va 43 50 14 common__25 : Ry Adjustment preferred Jan 84 Va 42 - 92 *89 93% Dec 14 Va . 19,000 86 Va 17% Dec Sep 42 92 *89 92 *93 25 52 ♦89 92 1,700 { *86 26% Apr 94% Mar 29 13% 33 86 Va 2 5 13% 94 8 Feb 14 80% Norfolk 59 13% *86 Nopco 4 14 *93% 30 107% Nov 13% *79'A 26 6 .'88 Va 14 Va 14% 94 53% Jan 103% Oct 88 Va 86 Va 20% Jan Natural 32% 87 Va 80 % 16 Northern 32 % 87 Va *86 1 2 32 % 88 Va *79% 8 46% Jan 32% 88. Va 86 Va 26% Apr 52% Sep 24 32% 89 80'A 2 34% Sep 33 6,300 *86 28 30 14% *79 % 18 % Oct 47% Dec 14% 80% 46% Jan he<tst 14% 14% ; 900 14% 14% 80 % 93% Co 1,500 ■ 105 Va *105 89 86 Va Northern 105 Va 28% 93 i " ♦105 2,100 8° *86 8 700 •14%: 27% 100 16 v, 27% 100 Jan 14 Va 8Q preferred Jan xll 27% preferred 15 105'/a •105 5 28% 3.60% Western 14% 105Va 7 27% •90 3.90%. & 6% 7 27% 88 % 8 87 4,600 ' 27% 13 6 110 *108 ., No par 87% Jan 14 110 27%' 27% 27% 110 69 28 94% Nov 15 109% Corp— V Chemical *89 .42 % 13% *68Va 26% 58 29 7 14% 32 Va *88Va 13% 25% 100 A 28 35Va Mar ( *400 22 Sep 27 Va 111 'A 91% 19Va *105'A 106% 16% 16% 63 64 86% 86% 100 $3.75 preferred 100 Niagara Mhk Pwr Corp corn-No par 3.40% preferred 100 July 27% 111 % 600 7,200 '27 Co— Apr 8 27% , 26% *91 18 26"% Jun 83 14% *105 15 105% *105 - Jun 26 91 *14% *14% ,.1 87 19 27'/a 90% 14 Vb 79 14% Sep 26% 91 *90% 14% 75 89% Dec 27% ; 14% 3 17 26 Va 26% x26 2,000 21 24 26 Va 26% 10% Nov 8% Apr 5,900- 26 26% 10% May 21 75% Jan 46% 27 46% 11 Va 98 %Jun 15% Sep 700. 46% 47 Va 11% 85 28 5,700 46% 46 Va 11 Va 92 Apr 2,200 11 'A 2 15 9 Va 28% 13,100 2 Aug 19% Jan 40 21% 29 28 Va 26% r *9% 21'/a 47 91 : 80 - < 144 21 Va 9% 21 % *28% 29 28% 8,800 36 Va 172 ♦28'/a x9Va 9 Va 21% 35% 170 Va 4% 2 25 *143 6% Jan r * 143% 10 Va 86% Jan Sep 15 40% Dec 10 * 36% 171 Va 4% A__i. preferred Harlem Common 10 9 Va 21% 9 Va 22% 36 Va *142 7,200 6% Brake ork Shipbuilding Participating stock N x29 142 Va 93 Va 10 Va —. Ne"! 30 171% Va 20% 171 Va 36 % 36% 93'/a 6% 20 Preferred Sep *92 Va 800 19% *92 Va 20 19% 93 Va 10% No par common Central Chic non-cum & 20% *93 Va 4% i preferred Y x20 10 Va New York City Omnibus Corp-No par New York Dock common xNo par 17% July 13 14% May 1 59% Oct 13 93 Va 87 x6% Common 5 94% Feb Apr 86 May 48 Va Jan Va 21 18'A *86 Va 4% 35'A 14 18% 87 10% 34% Sep 101% Jun 3 108 52 350 Oct 30 15 18 Va 87 28 20 York York 19 87% 4% 100. ; York New 33,200 18% 87 Va 112 18 New 30 3,400 18% 19 10% 19% New 25% Jan 5,300 6,700 12% 4% 17% 23 % Mar 17 15 Sep 17 64 Va 12 Va 10% 5 17 19 22% Aug 23 % Dec 17 63% 12% 87 Va 0% -No par 17% Sep 13 22 Oct 17% 64% 12 Va 4% 11% x26% 8 23 18% Nov 16% 63% 12 Va 10% 1 8 17% 64 % 12 '/a 4% 11% Newport News Ship & Dry Dpck s 17 Va 64 12 Va *110% 34 30 17% 64 Va 9% 21% 28% 46% *26% 26% *90% 7 72% Mar 23 Jan 2,300 4% 11% i preferred 23% Sep 19% 10% 7 11 Jun 8,200 19 Va 10% 1 29 6 1,400 lOVa 20'A 20 1 Co 20 56 17% 10% 27% Jan 92% Jan. 17 10% 20 Va 144 16% Jan 18 17 "A lOVa 20 171 15 Jun 10% Sep 17 Va 17% 142 England Electric System 1 New Jersey Pr & Lt Co 4% pfd_100 Newmont Mining Corp_. 10 Newport Industries common 1 4%% preferred 100 37% Aug 31 1,400 4,400 10% 36'/a *111% 112 11 % 56% 17% 144 28 11 56 Va 10% 171 Va 28 New 14% Mar 30 56% 36% 22% 29 47 47 % *26% 27 26% 26% *90%. 91 280 173 173 11 Va 56% 171% 22% 28%. 1(700 56'/a *11 11 20 Va 87_ 20% *92% 143 145 9% 9% 174 *173 10% 37 36% 100 Fibre common Newberry Co (J J) 24 17 Inc Nesco 2 88% 21% 93% 12,700 55 Va 170% 172 5 preferred 7 36% Nov *87% 20% *92% 3,200 35% 10% 18% 1 Bros Jan 30 19% 17% 21 Va 35 Va No par 6 93% Apr. 19 17 Va 21 Va 35% x35 % 17% 17% 63% 12% 10 100 Inc 6 • Feb 38 9 17% 64% 12% 17% 21 11 Va 10% 11 17% 63% 12% Corp Mar 25 106 85 % Jun Nehi 26 17 Va , 55% 20% L Natomas Co 6 16% Apr 5 27 Pa com preferred conv Theatres National 172 11 55 17% 20% No par Co common National 10% Apr 31% Jun 31% Dec Co Tea 171% 11% 55 17% 20% Cast-No par preferred National 1 Jan 171 11% 10 5 29% May 20 10 172'A No par 12 13% Feb 172 % 5 Corp 12 22 97 July 22 Steel 7% Apr 14% Sep 20 11% Oct National 116% May 20 98% Mar 20 2 45% Oct 5 7% Mar 35% 1 10 5 National Shares Corp 12% Jan 13% Jan 11 23 6 Nov 35% common„5 Steel & 2 105 30 90 % Jan Malleable 21 20'% Jun 3 35% Dec Natl Sep 14 4% Sep 29 11 Jan 105% Sep 4 91 35% 10% common 4 % Jan 3 11% Jan Co 31% Jan 6 35% preferred A preierred B 30% Jan 21 10 4 8% Mar 4 52% Jan 35% 25 Prod 104% Jan 18 Jan Nov 32% Jan , 35% * 20 77 Va *77 21 21% _100 6% 100 National Linen Service Corp— 1 37% Mar 19 25 24% Jan May 20 27% July 7 10.9 % July 31 23 , 9 10 15 22% Sep 86 % Sep 3 91 2 3% Oct 11 Apr Feb 25% Sep 21 40% Sep 14 25% Oct 26 2 7% 8,200 21 Va preferred National Lead 9% Dec Apr 7 21% Dec 22 Jan 4 146 132 31 24 14 21% pfd series of 1951 100 Co common: 1 No par $4.50 6 38% Nov 3 Nov 173% Nov 29% Apr 24 155% Jun 30% Oct 30% Jan 96 14 17'% National Gypsum 22% May 26 9 87% July 1 Jan 1 17% Sep 98% Oct 20 Feb 136 23% July Distillers 4 % % 14 x21% 54% *17% National Department 19% Oct 3,000 13% 17% 1 common preferred 97 32 23% No par 1 Inc Co Cylinder Gas Co Dairy Products Stores National 11 31% 17% 172 17,100 31% 18 *17 Va 18 17 17% 77 Va 10 Register- 13% Dec 13% 13% 13% 13% 16% 17 31 Va 23% 100 10 Lines conv National 19% Mar 27 64 % Dec 10 Cash 13% 31% 77 Va 13% *78 32 17% 1 common Container 5 79 32 17% 79 Va "78 31 Va X17 Va 78% 31 % 5 Corp. National 15 18% Mar 27 60 Can 18% Aug 18 19 48% Jan National 59'A Mar 19 2 Sep 15 1 . Inc Fibres Corp 11% Jan 51% July 22 9% Jan Xl0% May 15 9 27 Airlines preferred A 7% Oct 13% Feb 174 24 Sep _1 18 78% 100 Louis Co____ Acme 31 8 Corp Chatt & St 84% 85 85 107 Va 107 107 ■ 15,400 5,800 510 110 98 98 *97% 98 97% 97% 50 17 17 16% 17 16% 16% 14,800 9% 9% 9 Va 9'A 9 % 9% 8,800 17% 17% 17% 17 Va 17% 17 Va 6,100 21 22 Va 21% 22 Va 21'A 21% 5,800 38% 8,000 .0 33 Va Jan 100 2 Jan 14 88% Jan 8 104% May 15 106% Nov 7 100 Jun May 18 106 Jan 2 4.40% 93Va Jan 27 106V, Feb 25 104% Dec 9 97% Jun 12 50% Oct 6 49% Jun 10 57% Aug 2 60% Apr 27% Dec 10 22 16 23% Jun 10 28 17% Mar 13 19 % Dec 9 16% Sep 1 13 Oct 27 17 Va Jun 6 8% Dec 10 14% Feb 2 91 Dec 12 108 % Jun 2 71 Va Sep 23 95% Jan 9 Jan Por footnotes see paee 28 common 3.90% 6 Mar 23 18% Jan 6 preferred ; preferred 4.56% preferred 4.44% preferred 12 100 100 100 109 Ohio Oil Co No par Oklahoma Gas & Elec Co com 10 4% Oliver preferred Corp common 4Va% convertible preferred 101% 101% 90% 90% 105 105 *104 104% 56 56% 27%' 27% 1 *18% 9 100 73Va 18% 9% 74% 20 38% 39 101% 101% *90% 91 *105 106% *104 104% 55% 56% 27% 27 Va *18% 18% 8% 9% 73 74 38% 38% 39 10174 101% X99% 100 *90 % 90% x89 % 90% 90% 106'A 106 % 106 % *105% 107 20 105 *10374 105 210 38% 105 39 *103% 101 101 90 V* 200 90 104% 104% 56 Va 56% 5574 5674 55% 5574 27% 27% 27 Va 27% 27% 2774 *18% 18% *1874 18% *18% 18% 8% 874 12,800 72% 840 8% 72 9 72% 8% 72 9 73 72 9,900 2,800 V Volume 178 ' Number 5281 . . The Commercial and Financial Chronicle . (2321). NEW YORK STOCK RECORD Range for Preview Year 1952 Lowest 8 Mi f f Bangs Since Jan. 1 - Lowest Highest Apr 12 35 Feb 19 19 Jan 2 30 Dec 23 28 Feb 20 79 Feb 19 83 Jan 11 79% Oct 2 13% Aug 28 41% Dec 23 37% Aug 31 9% Mar 4 14y8 Dec 11 38 Sep 18 49% Dec 23 69% Jun 16 81 30 17% Jan 14 11% Jun 18 31 97% Jan 24 80 30 19% Jan 11 25% Mar 22 38% Dec 31 51 Mar 17 63 Oct 28 35 Mar 18 49 Dec 30 25% Jan 55% Jun 16 73% Mar 26 Oct 15 57% Mar 16 30% Feb 24% Oct 23 July" 14 22% Nov 25 108% Apr 24 120% Nov 26 Jan 2 145 % May 19 110% Sep 22 129% Jun 25 5% Jan 2 8% Nov 21 9 17% Oct 16 8% Jan . 7 9% Nov 16 12 33% Jan 10 59% Jan ' 2 6% Nov 17 * 34% Nov •; Pacific Gas Pacific 14 • 30% Mar 13 29 98 % Mar 10 Pan Mar 25 Apr Tin Consolidated Amer preferred--—i—VAJb 4% Panhandle Oil Corp 24% Sep 15 30% Mar 27 28 43% Jan 16 ;23% Oct 29 34% Jan 7 Park 41% Oct 30 58 Feb 15 30% Jun 10 44% Jan 7 Parke 33 Oct 16 38 Jan 26 6% Feb 15 24 8% Apr 18% Jan 28 5% Nov 5 Dec 23 8% Jan 29 16% Oct 20 20% Jan 29 2 35% Nov 17 31% May 11 33% Jun 16 39% Jan 30 6% Sep 4% Sep 15 •8% Jan 5 21 8% Apr 9 Patino 3 Oct 21 6' Jan 8 Peabody 10% Oct - 7 72% Dec 30 Dec 19 15 33 25% Oct 9 14% Aug 23% Jan Davis 20 Parker Rust 1 34 Jan 7 Dec 22 18 Cotl.——i__2.50 No par 2 29" $1.32 preferred $1.30 19 29% Nov 30 81% Dec 9 Sep 15 14% Apr 30% Sep 14 39% Mar 19 Penn Coal & Coke 23 Corp.: 28 29% Jan 5 27 Jun 10 38% Dec 1 Penna Jan 4 108% Feb 11 101 Jun 2 107% Feb 3 5 33% Dec 11 17% Feb 27 24 Dec 23 46 29 67% Jan 23 34% Apr 15 Oct 29% Dec 8 K124 Nov 31 Feb 6 8% Feb 20 14 38% Nov 101 145 2 19% Oct 22 35% Mar 18 17% Dec 11 23% Jan 5 5 40% Jun 15 52 % Jan 28% Sep 11 Sep 15 148% Mar 16 Sep 14 47% Mar 11 15 15% May 21 47% Oct 15 127 18 28 11% Dec 3o 10% Jan Aug 44% Jan . 2 105% Apr 7 23% Jan 22 38% Aug 21 99 Sep 8 17% Sep 15 105 Jan 21% Mar 4%% 19 19% Jan 25 16 30% Oct 30 42% Jan 2 26 34 % Oct 20 105% Sep 29 117% Jan 2 91% Jun 18 108 % Jan 2 3 41% Dec 31 21 43% Feb 5 33% Dec 15 29% Sep •28% Jun 16 32% Jan 19 May 15 20% Jun 24 25 % Mar 17 Oct 6 99 99% Jun 24 86 33 May 29 Apr 17 22% Jan 2 25 2 112 103% Jan 93 Jan 17 Kl03% Jan 8 36% Nov 3 90 Apr 52 Dec 8 May 3 91 Jan, 95% Feb 101 13 23 *' 32 8 95 July 22 19 Jan 37% Jan 29 Sep 21 37% Jan 101 Jan 14 2 6 22% Mar 27 106% May 22 106% May 22 1 19 Sep 15 29% Jan 5 85 Oct 6 95% Feb 13 80 Oct 30 94 Feb 17 91 Oct 1 106% Jan 28 78% Nov 17 97 Jan 7 May 1 Nov 26 41% Sep 15 59% Feb 3 17% Jan 14 46 14% Dec 62 24 11 15 Feb 21 156 Aug 18 148% Apr 21 162 Sep 3 151 n: Sep 142 M, Jan 4 165 Aug 25 153% Jun 11 165 Feb 6 42% Mar 17 8 17 Oct 56% Dec 12 27 10% Jan 21 44 Sep 16% Mar 18 18 58% Mar 16 6% Nov 24 9% Feb 26 Oct 16 25% Jan 21 15 21% Jan 5 70% Oct 30 85 Jan 17 60 Sep 21 73% Feb 27 €8 Hi 23 80 Jan 17 62 Nov 75 25% Dec 23 Oct 12% Sep 1274 13 1,600 36% 37 % 36% 19 Mar 20 37 36% 12% ■ 36% 367/a *38 39 % 39% 3874 3874 106% 106 V 106% *105% x35% 35% 35% 35% 35% 35% 35% 35% 35% 35% v 17% 18% 17% 17% 17% 18 17% 17% 17% 17% 38,900 44'A 44% 43% 44 44 43 43% 43% 43% 2,800 31% 31 31% 31% 31 31% *31 Vb 3174 400 138 138% *38 10 5 *31 100 138 100 *31 39% *38 139 137 32% 33%c 13% No par *44% 45% *103% *31 13% 13% *44 105 *103% 36% 43% 137 V *31 138 138 36% •36% 1 *38 — — . 1397b 1397b 33% 33% 34 34 34% 35% 13 % 13% 13% 13% 13 Vb 13% 17,800 45% *44% 45% *44% 45% 45% 105 *44 ' . *103 105 103% *103 19'A 19% 19 19 18% 19'A 19 16% 16 16 V 8 16 16%' 16 16 Vb 16 1,000 19 16 16 Va 33 % 101 33% 33% 102 102 33% - 33% 34% 337/a 102% 102% 102% 102% X102 7b 32 % 32% 32% 32% 31% 31% 31% 317'a 32% 33 32% 33 31% 32 % 31% 32 93 103% *106 9% - 34'A 12.5* 23% *103 102% No par *107 • 23% .107% 93 • 23% *106 • <=Q9 A 34 23% 107 V 23% 107 ■ 94 *92 103% *103% 104% 107 r. 107% 107% 10% 9% 93 r 1,300 34% 103 2,100 ■ 15,000 1,410 32% 14,400 31% A 32% 31% 5,100 23 % 2,000 23% 108 108 220 92 ; 92 300 *107 9% 103 72 103% 103% 107% 103% 10 23%. 10874 < 103 % 107 10774 160 9% 13,800 974 10 80 86 % x84% 85% 84 74 84% 330 42% 45% 43% 44% 4374 44% 38,200 *97% 98% 98% 98% 98 98 % *96% 97% 96% 96% 3.9% series preferred Phillips Jones Corp preferred 5% Pitney-Bowes C C St & Pitts Coke common Chem & Co *92% 95 *92% *25% 27 *25 7b *95 97% *95 97% *95 97% com__No par 55% 54% 12 *10% 35 34% 100 100 21% 21% 1st series prior pfd 100 12 54% *10% 35 *10% 35 *100 101 21% 35% *99 21% *105 20 19% 19% 80 80 80 79% 80% 80% 80 80: 46% 45% 46 45% 45% *12 % 12% *157 162 *160% 53% 6% 13% 12% 163% 53% , *157% 61% *63 160 53% 6% 7 12% 12% 12% *157% 162 *159 161% 53% 6% 13% 61% 63 - 35% 3572 101 21% 22 • *99 22 97% 55 > '■ ' 11,500 12 ■i- 35% 101 — — — , — — 1,600 50 22% 2,300 20 3,400 *105 1974 20% 80 80 *89 81% *79 80 *79 80 45% 11% 45% 127a 45 11% 60 300 45% 2,300 11% 2,400 *157% 162. *157% 162 1 *159 161% *157 16174 5342 53 53% 3,400 6% 1,900 1374 7,600 "53% 53% : -53% 6% 6% 67 a 7 67 a 13% 13% 13% 13% 61 61 *6072 61% *60 7b 63 62% 62% 6274 *19% 20% *62% . 19% 160% 13% 63 20 81% 162 *60% 14 61% 63% 19% *80 54 *1074 12 *105 19% 79% 46% *95 55% • 12 35 21% 54% 55% 100 *105 " 5%% 54% *78% ( 500 27 97% 8,400 95 27 *105 preferred—No par (conv) No par " Pitts Consolidation Coal Co : 1 Pittsburgh Forgings, Co.... 1 Pitts Ft Wayne & Chic Ry com—100 7% guaranteed preferred——100 Pittsburgh Plate Glass Co .10 '. Pittsburgh Screw & Bolt—No par -^Pittsburgh Steel Co com—...;No par 5% preferred class A. 100 95% *25% 20% preferred $4.80 *92% 27 *99 convertible $5 95 34% 25 100 *92 *27% 54% No par RR 95% *95 2 L 27% 27 *11 5 Inc 27% 28 *92 No par Hosiery 27% *25% 100 Petroleum Pillsbury Mills Inc $4 preferred Pitts 100 No par com - 28 13% 62 120 50 6274 300 H ! ft. 20% Apr 129 18 ? •' ii Jan 31 25% Apr 17 17% Sep 15 16 Jan 9 18 Sep 14 25% Mar 18 150 • Apr 27 31% Jan 2 Sep 14 Feb"l4 10% Sep 15 12% Jan 14 23% Sep 14 34% Apr 2 12% 24 55% Feb 13 19 Dec 22 Jan 22 14% Jan 7 18% Dec 4 9% Oct 16 13% Jan 18 31% Sep 35% Dec 62% May 11% Oct 69% Dec 11 17% Jan 22 80 146 37% Mar 15 3 28% Oct 15 j Aug 27 34% July 9 86 11% Jan 40% Oct ■ 145 86% Jan May 13 15 32 Dec 93 July 30 15 8 109 16 106% Aug 11 17 138% Jan 3 24% Dec 72 2 32 32 32 600 4,700 8,100 *37% 39 May 7 3 20 73 Jun 22 Jun 3 Sep 15 4%% conv Procter 27% Oct 30 24% Jun $4.75 preferred series A—50 No par 5 3 % % 5 4.32% 22 27 74 Jan 20 24% Jun 9 27% Feb 24 92 Jun 4 102 Serv 4.70% 11 35% Sep 15 42% Sep 14 103 Jun 2 43% Jan 20 Pullman 64% Jan 2 109% Mar 4 30% Mar Jun 18 131% Jun 27% Feb 5 20% Sep 15 21 Nov 19 Jun 18 79 9 29% Jan 68 146% Feb 25% Jan Jan 9 14 4% Oct 9 2% Oct 15 3% Jun 4% Jan 11 3% Sep 15 2 4% Jan 18 2 5% Dec Jan 88 % Jan 2 97% July 18 86 Feb 26 96 40% Mar 5 48 35% Sep 14 47% Mar 25 Nov Pure 5% El & div 6974 69% 3,000 ' 107'a 10 5,300 37 *36 37 77% 77% 77% 777% 77% 34% 34% 34% 34% 35% 3574 357/a 4,000 35% 35% 35% 36 35 7'a 36 35% 36 3,500 100 25 82% 82% *24% 25% 25 27% 27% : 1— No par 77% 25% com..No par 25% *82% 83 *82% 83 *82% 83 82% 82% *24% 25% *25 25% *25 25% 25'A 25% 100 27% 27% *27% 27% *27% 27% 27% 27% 900 25 3A 14,300 25% 8,900 \ 25% 25% 25 % 25% 25% 25% 25 % 253i *97% 98% *97% 98% 2572 25% *98 25% 25% 25% 25% *98 150 99% 100 100 (The) *105% 106% *105% 106% *105% 106 % *105% 106% 1067b 1067b No par — 42% 42% 42% 42% 42% 42 34 x41 % 42 % 417a 41% 6,300 48 48% 12.000 No par com 47% 48% 100 common *107% 108% 8. 29 Quaker State Oil Refining Corp..10 22% — 22% 28% RKO Pictures Corp Theatres Corp RKO pfd 48% 47% 48% 47% 48 V8 *107% 108% *10772 108% 29 *141 142% 22 22%, 28% 140 29% 141 21% 21% 23% 24% 23% 23% 23% 23% 75 75% 75% 76% X75% 757b 3 5 100 —No par. 99% 108% 1 1st preferred Ralston Purina Co 3%% 29% 141 48 *107% No par 1 Radio Corp of America com—No par Raybestos-Manhattan 25% 25% qq 370 77 *97% 140% $3.50 69% 10 *36 77% preferred preferred 69% 10 34 5 100 6% 69% 9% 77% .—— Quaker Oats Co 37 69% 33% Gas'com (The) 37 69% 35% preferred preferred conv 400 37'/a 10 33% cum Oil 9% 35% Colo preference Inc 69'A 900 14 10 com preferred——No par preferred preferred $1.40 37% 69% 10% *1374 Indiana..No par Inc 4.90% preferred Pub 37% 69 % 10 x9 97A 77 ■ Industries cum Jan 26 Co Gamble & Publicker 84 % Nov 3% Nov 33 9 Va 4.08% For footnotes *ee page 28. 33 16% 6 Aug 29 33% *33 8 7a 6 29% Nov 25 81% Dec 8 33% 1674 15% Jan 17 x33% 97'a 69% Dec 25% Aug 31 1,900 14 Jan 4 900 2474 177/2 109% Jan 148 11% *24% 9% 18 35% Jan 15 *10% 24% 9 % 101% Jun Apr 28 10% 24% 9% 21 69% Jan 23 Xl0% 25 9% Nov 110 11 % 24% 9% 43% Jan 39% Mar 20 11% 24% 9% 25 3 11% 24% Pressed Steel Car Co Inc com——1 7 of 102% Jan *11% 11% May of Nov'ii 91% 11% 25% 32% Co 27% 350 91% 11% 24% % Co 27% Aug 6 103% Nov 20 93 1,500 14 Serv 2 92 % 400 - 21 16% Serv 2 93 20% — 2074 17% Public 2 93 21% 14 Public 24% Jan 93% 21 17% 4 92% Jan 93'A 94 *19 7b *14874 *14874 21% 13% 1 —No par Power 5 24% Jan 20'A 21% 14 59% July 9% Sep 23 20% *148'A 21% 17% B 11 11 20% 21% 14 class Electric 36% Feb May 16 93% *20% *148% 22% 17% Co 35% Dec 87 20% 14 & 82% Jan 26% Dec 21% 17% Pocahontas.: Creek Poor 77% Dec Jan 20% *148% 14 Pond 29% Jun Sep 5 —5 — 26% Jun 10 1 100 — 2 81 23% Jan preferred —— 34% Dec 25 25% Apr Inc Plymouth Oil Co 31% Nov 26 26% May 28% Apr 56% Oct conv Plough common 17% 29 7% Sep 34% Jan 5%% (The) 10 3 17% Jan 8 Co Potomac 46% Feb Jun Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Pittston 19% Mar 23 11 13% Oct 13 16 ' 800 13% 19% 1 com 2,800 32% 19 100 common 100 50 5 com 2,000 • 86% 29 24% Oct ■,.»* •? 12% *105 preferred Phillips 21 12% 39% Reading Coal & Iron Phoenix 110% Jan .. 12% 27% 69% Mar 25 14 1 8,000 12% 46% 19 Nov 160 777/a 12% 27% 98 110 28% 12% 79 •' 86% 1 5 29% 29% 86% 15 10% Oct 23 24 23% 27% 48% Sep Mar *22% 45% 92% Jun 39 23 %■' 28'A 17 102% Apr 19% Dec *22% 23% 46% 30 5 900 3,000 86% Dec 4 313/a 27% 64% Dec 29 800 31% 31% 38% 45% 98 Jan 31 % V; 11 377/a 11 38 86% 94 15% Apr 5,600 11 11 38 3 5 98 3 3 300 —50 Corp common preferred series A. 5 Jan 12,600 —100 3%% 98% Jan May 18 5% 3% Philip Morris & Co Ltd common..5 4% preferred ; 100 27 Aug 1,100 5% 12% 10% Jan 3 •v7% 5% 5% 36% 7% 29% 107% 101 *29 9,500 *35% 7% 77% 10 May 26 36 *7 *2774 *107 Philco 36 32 Va *29 1 5 5,400 31% r 100 27 8,000 • :• 8 Mar 13 6% 26 3A 25'A 29 12 Nov 327V *24 29%'' 18% Jan 55 — *29 108% Nov 36% Jan '* 2,500 28% x76% 7 88 ■■•: 81% 21 9 2674 26% 25% 11% *29% 29% . 72 74; 6% 6% % 46% 80% 104% 28 97% 38 *22% 29%- 72% 97% 81 *103% 27 - 32 31%: 31%' 23% *45' ' 72% 80% 100 Apr 47 100 17,900 *29 preferred 42% Dec 974 *29 4.3% 80 97a ,r,. 80% 26 12 - 32,900. • ; 29% Feb & 9% 13,900 874 29% 94% 1 33% Jun } 4. 32% 80% 94% 12 4 *29 ' - ..100 27 Jan i prefer/ed 18% Jan 12 ' 374 .*29.-- 23%' 90% Jun 20 *22% 107% 31 July 29 23% *22% *8% 26% 3% 31% : 23% 4.68% 3 31% 560 32% *24 5% 11% 31% 3,900 ' 36 *37% *106% •Phila 3 11% 430 >5 74 • 32% 5% 37% 100 98% May 10 9% Dec 23 3 13674 ■..«.• 6 2,600 114% 4 71% 7,900 . 114% 834 33 X96 % 7% 11% v ' : 37 No par 8% Sep 26% Nov 5% 11,400- •: /v.;..;" 23% 3% *45% ' 26% *7 5% 34 5,700 106% (conv) $1 conv preference • 20 48% Feb ■ 3 preferred - 13% Mar 15 Dec Co 36 7% 3974 130 < *103% Corp Electric 36% 39% t 33% A- 23 •-;V5:% 5 % 25% 32% - 7 *35% 47 v-: 6% 26 % 11% 4.4% 108 2 26% Phila i 30 5 preferred Phelps-Dodge 33 60 46 106% Co Co Inc & 6% 62 46 29% 9% 72% *24 36% 3.8% 10 42% May 15 93% Jan 12 2nd 32% V 6 2 96% Jun July (Chas) 4% 6% -- 137- *8% - " 650 136% 114% 32% 8% *97% ; 98% 26% 23 % % 5% 9% 71% 33% f 60 2,700 - V 36%- *58 : 23% 136 9% ' 29% r 39'7a ? XI14% 4 *45%' 25% 7% 5 99 104 Pfizer • 26% 35% 100 Brewing 6% 47 *24% 33 Jan 111 . Pfeiffer 6% 27%' Jan 1 8 83% Jan July 28 24 20% Feb 2 19% Mar 25 Jun 4 , 7 Jun 108% Mar 15% Jan Dec V 61 46 11,600 7% *103% of America Corp *45%' 25% X3l 7 preferred Petroleum par 100 Peoria & Eastern Ry Co Co Pet Milk Co common 6 9% *35 33% • ' 4% 3534 .1 com. Pepsi-Cola 30 16% Dec Corp Pennsylvania RR Pennsylvania Salt Mfg Co Peoples Drug Stores Inc. Peoples Gas Light & Coke 32% May 27 5 40% Feb 18 Jan 10 Glass Sand 9% "V' 7% 37 ' 16 82 ' ' 29% 39% 33% *8%' " 15% 82 a 8 No par 5% preferred Penn Power & Light Co: 30% Jun 6% 26% 10 Penn-Dixie Cement Corp.... .: 4 4,600 46 ■5% 32% 8% 3% 98% 3 25 : — Co..1—__.No Penney (J C) : 5% 33% *8% 78': 72 *58 / A 116% n% preferred ;25 Nov 136% : 137 32% 9%' 5:14 Telep common:.—No par preferred 25 $1 - ■i 5% 72% . • 1 7 Peninsular 21% Aug 10 2 137%' 5% 71% preferred—.___25 Ford— & 136% *97% 5 prior conv Penick 115% 98% • 34 ; 4 x35% , \ 29% 72% 5 common... 26% Feb 105 ; ; ' ' 46 29 % "47% . No par 61 - *45% 115%l 8%- .* 78 *35 . 51% 115% 34 3%' 787b 157 23%; •' 8,400 81V2 39% 137% < 5'% 4974 8. J22% A 85 7 49 15% :39%33% 115% *83 49 74 81% 37 100 85 8 29% " < ... *58 .v 2,700 8,200 40 'A 487a » 15% *35 Shares* 13% 46 *39% a 82/ 22%- *46 . ' 7% *971% 1 Enterprises.: 67 *83 13% ,4572 ; 78 33% 32% Co 15 *81 % ' 8 ' r;78% 39% *24% Proof 15% -72% - Corp'ji'iii^.L'l : ' 487b: 33% 23 x9% .100 Transportation Coal 40 8% - 85 ■, 47%,; 22% Corp——l Mines' & 5% 7 11 30 % Dec 15 (27% Aug 10 26% Aug 27 65% Mar 19 10 Jan 38% Dec 5 Parmelee 50% 397 39% Co..—___-No par & 65% 397a the Week Dec. 11 13% 46 . 7774 40 '29 137b 4474 40 \ ■ 82 *39 68% 52% 29%' 331/4 - • 27% Sep 20% Nov 63% Oct • & TUford Distillers 15 *81% '8 13% *39%, 7874 40% 5% 1 — Paramount Pictures Oct 78% ' 137% No par World-Airways Inc.. 49 '■ Sales fwr Friday : Dec. 10 y ' 4474 *83 483a 8%': iis% - * ——10 : 85 •1 ;. 22% Corp....1 Cart— 44 • 33% -34 - Western Oil Corp common_4 Motor *83 •; 40 15% 3934 / No par Pan-American Petrol & Transp.—.5 Panhandle East'P-ipe L com—No par 2 15 - No par- i—J preferred -A— 4% 2 5% Sep i—.25 13%' 13% 44 i.- *39% 82 ~ 40 Teleg: com..V—100 preferred ^V—.-lV-ALiVlOO •-.Packard 52% May 25 88% 15 % g 13 Va' 79% *81 % " 10 & Electric—- Mills Pacific 26 May 13 * ~/ 5 common Lighting Corp new Pacific 47% Mar 31 64% Oct Co Inc.._ Pacific Telep & Pacific 91 par preferred:.Jiw-,-10®' Fisheries /"Dec.-yi . 43% ~ And high sale prices ? • Wednesday Thursday f_ 49% " noncum. No par!' 68% preferred-. noncum——No par 52 % Corp. * 10—- 28% 28 Mar 79 preferred 2nd 8% Jan 11% Feb 48%' 12.50 Pacific: Finance 8 21V* July 16 1st Co— fHe coin..—:.tiTo conv' Coast 6% 8% Sep Mfg .Glass Amer 22 19 33 cum Pacific < 119% Mar 10 9% Jan 13 9% Jan 4% Pacific 20 6% Jan Marine & Pabco Products • 142% Jan 15 common. ——, Owens-Illinois Mar 17' 30 2 100% Jun 85 Mar 17^ - 8% Apr J Apr 12 83% Dec 29 9 Jan 2 40 3% Dec 41 93 40 *83" 2 7 Jan *39% 20 12 5% Dec Oct 10 4% Sep 22% Feb 26% Mar 15 «% Apr 30 9 34% Jun 32% Nov 132 3 Mar 25% Jun - 2.50 —v-A————No par Owens-Corning Fiberglas Corp 5 Elevator Outlet Co 5'. 48 46 131/3 11 23 12 35% MarlO' 137/a Jan Oct > 32% Jun 39% Dec Dec 88 6 Dec. 8 44 Mar 12 ' 16 28 35 30% Dec "2 2 Oct 7% Oct Tuesday < 13 % 11 Jun Dec. 7 43% 6 85% Jan Monday 5 21 52 (The) V Par ♦ " . No par Jan 16 12% Dec Corp 42% Oct 84 24 81% Dec Omnibus ■ Outboard 69'A Sep 10% Oct 2 Otis Dec 41% Apr : EXCHANGE v 10,' 46 low NEW YORK STOCK Highest Continued—Page 9 STOCKS i?' 10774 200 108 29 "4 29 Va 287/a 29% 14172 1417b ♦1407b 142 % 21% 21% 21 % 22 237a 237'a 2374 23 3A ♦75 76 ♦757b 3% 3 3 3 3 3% 3 4% 5 47'a 5 47a 5 47'a 4 *89% 91 X38% 39 •89 38% 90% 39 330 43,500 1,500 15,500 3 5% 5,000 1,500 76%' 3 100 7'a 17,000 *88% 90% 9074 90% •89 90% 100 38% 387a 38 38 ♦38 38% 900 25 Financial Chronicle The Commercial and 26 .. Monday, December 14, 1953 . (2322) Co"Hnue4-PaE. 10 RECORD NEW YORK STOCK LOW STOCKS Range for Previous Highest Lowest July 20 Sep 15 34% Jan 15. 14% Mar 13 preferred Raytheon Mfg Co 9 33% Jan 8 36% May 12 41 % Feb 5 Reading Co common 4% noncum 1st preferred Dec 19 36% Sep 4 31 9% Sep 15 12% Dec 30 8 25 y< Feb 4 34% Dec 22 Feb 20 41 % Dec 9 30% Jan 15 35% Dec 19 32% Sep 11 13% Jan 8 12% Jan 1 iey# Oct 333/4 Dec 36 37 1 Jl'A Feb 18'/a Jan 30 17% Jun Jan 7 28 23 58 17% Oct 90% Feb 29 % Nov 6 15% Jan 26 Reliable 9% Nov 27 14 % Jan 19- 26 54 y2 Apr 29 62V2jun 16 21% Jan 13% Sep 21 19% Feb 98% Dec 16 84 Sep 14 97 Jan 23 24 18 Aug 14 Remington-Rand $4.50 preferred 2 19 2 18% Jan 3 24% Nov 13% Jan 19 22% Nov 19 19% Jan 10 5% Jan 11 2% Sep 17 9% Jun 6 37% Oct 16 108% Jun 24 115 28% Jun 16 35 27 9% Sep 14 40% Sep 14 3 52 V. Mar 17 10 115% Mar 17 Jan 3 108% Jun Dec 12 31'A Apr 7 42% Oct 30 July 29 6% Jan 2 5% Feb 13 6% Apr 22 23 67 % Jan 30 14 Jan 16 6% Oct 21 2 32% Jan 10% Jan 43% Dec 42% Sep 4% Sep 22 5 Oct 48 2 38 56 47 Oct 28 53% Jan 27 3 92% Apr 25 80% Jun 5 101% Jan 2 Dec 30 99 V# Jun 5 53% Feb 23% 107 33% Jan *99 series 4.50% Royal 19 Ruberoid 10% Apr 17 17% July 18 3 25% Aug 14 10 62 30 7 5>/4 41 Vb 40 '/a 41 y# *84 85 *84% 104 14% 14 Va 58'4 160 14 14% 12.900 . 97 95% 95 y2 21% 20% 21 6,100 22'A 22% 22% 22% 8,200 '95'A 3% 3 V# 3 Vb < 48 ®114V2 41% *10% 10% 1,900 47% 48% 18,800 '114% 115% 39% 40 V# 116 x39% 40'% 6 y2 6'/4 6% 6'% 53'/. 54 'A 53% 54% & 5 5 5 5 40% 38% 54 54 8,900 20,100 1,100 90,600 39 3 8 *48 55 20 82% 83 1,100 103 100% 101 100 % 101 920 82 84% 83% 82% . 5 38 % 39'/. 60 102% 5,600 6% 53% 6% 38 7,600 3V„ 10% 48 % Xl0% 116 3 3'/# 200 25'A 25 3 a 25 25 24% 25 24% 24 7 51% 52% 50% 51'A 50% 51 50 51 50 50'/#. *25% 26 % *25% 26 % *25% 26% 26% 26% 26% 26% 8% 8% *8% 8% 8'A 8% 8% 8'A 8% 8% 1,400 13'A 12% 12% 12% 12% 12% 12% 4,800 28 Va 28 28 1.300 18 Va 3,300 25% 25 '/a 2,300 8 5,000 200 13'A 13% 12'A 28% 28% 28 28 'A xl8'/4 18% 18% 18% 18% 18% 24 'A 24 24 42% 42'A 42 'A 42% 43 42% 43 1,000 20 20 Vb 20 20 Va 19% 20 5,800 I *24 *24 25 42% 43 VB 43 Vb •20% 20'A 20 'A 20 % 144 148 146 102 TOO 105 *iud *24 Vb luU 148 Va *100 iu-j 300 24'A joo 149% 10 105 7% 7% 7'A 7% 7% 7% x7% 7% 7% 7 Va 5.200 *15% 15'A 15 % 15% 15 Va 15% 15% 15 Vs 3,400 54% •55 V# *54% 56 55 55'A 55% 55% 1,400 *11% 12 11% 11% 11% 11% 200 38% 9.400 15% 15% 55% 56 *11% 12 % 3 38 % 38 °/b 10 89 % 89% 1 * 18 24 '/2 149 *146 \Jt) X 18% 18 *24'/a 146 148 102 . 28 'A 28 % 28 Va . 143 ' 5 (Jacob) *58 22% 85 % 103 103 58'A 2,400 21 *54 60 9% 200 1,200 17 «/4 22% 5'A *103 Nopar ... Co .(The) 5% 17 29%. *58 97 51 51 51 "A 21% 6 «/2 6% 6% 51% *54 Corp Typewriter Ruppert 17% Mar 23 11 11% Dec 3 y2 Mar 10 41 y4 41% 60 Manufacturing Co Oil *114 116% *54 N) 100 100 -—— series 22% 22% 22% 40% 1 10 B 30 15 '/# Dec 21% 21'A . 21% *95% 97 *95% 21% 5 'A Nov 15 21% Mar 50l/2 Sep 14'A 41 y# 22% Jan 65% July 15 14 a 41% 3 24% Jan 2 14 3 51 % 13 29 58 % 6 % 10% Jan 29 58'A 41'/# 24 Jan 53 % 97 *114 6% Sep 9% Dec *9% - *114'/2 15 19 % Oct 54 *9% 9% 28'A 115% 7 18% Feb *28 '/4 9% - 11 Dec 44 102 300 28'A 9% 48% 2 Nov 600 9% 28% 10% Jun 27'A Mar Nov 25 29 % 9% 28% 48 y# 92 May 600 *28',4 28% 48% 23 11 21 19% Oct 110 4% 4'A 48 V# Apr 20 43 y# Dec 4% 4% 48% 103 8% Nov 7 12% 4% 38 % 4 48% 9 23 23 12% 4'A 3% 11 11 16% Sep 12% 4 % 10% 21 % Nov 26% Dec 22% Oct 12% 4% 3% 149% Dec 9 35'A Jun 12% 10% Richfield 5 4 19% Dec 2 16% May 12% 3% 6 Jan 27'/# Oct 23 17 10% 24 48% Jan 17'A 3% Preferred 12% Dec 29% Jan 17 17% 13 '95 Apr 16 *17'A 50c -25 115 5% May 13 18 % Dec 35% Dec 17'/4 14 22 6% Apr 7 % Sep 17 V# 14% Jan Oct 29 Vb 14 y» 40 22 *28% *57 155 27% Dec 5 Mar 29 'A 9% 1 3 27 65 *28'A 10% Rheem 29% Mar 18 14 29% 12% 17 13 16 14 43% Sep *28% % 29 '17 1 1 Nopar Rltter Company l No par Roan Antelope Copper Mines.:. , Robbins Mills Inc common— 20 4.50% preferred series A GO Roberlshaw-Fullon Controls com__l 5 % % conv preferred 25 Rochester Gas & CI Corp—Nopar Rockwell Spring & Axle Co„_—5 Rohm & Haas Co common 20 4% preferred series A. 100 Ronson Art Metal Works Inc—.—_1 22% Sep Jan 32% 22 'A 5 74% July 32% 10 Preferred 3.60% 33 29 '37% 33 1 -50c Reynolds 1R Jj Tob class 5 Jan *28 38 *32'A 21% Common 107 300 33 '37 33 57% Reynolds Spring Co 14 Nov 24 > 37% 33 37% '9% common 58% July 21 5 Jan 85 1,200 37 Vs 37 31 57% Inc Motors 90% Jan 40 % Jan 26-a 27 *32% 33 *281 2.50 Reynolds Metals Co cofn—.-No pat- Aug 10 49 9 26% 27 9 % *32 % Rexall Drug Inc 9% Mar 20 21 Dec 12,800 Republic Steel Corp corn. Nopar 6% conv prior pfd series A—100 Revere Copper & Brass— No par % May 13 10% Mar 29 47% Dec 31 9 V« 26% 28 'A Republic Aviation Corp— Republic Pictures common $1 convertible preferred Mar 18 4 11% Jun 9% -1 Reo 23% May 25 12 3'A Nov 1,900 9'A 26% 4% series pfd 3%% Conv 32% 27 'A No par --5 Reliance Mtg Co common 1 26% 32 3 9% 100 31% Feb 3 Jan 26 3 32% 9 y« 10 prior preference Stores Corp 23 25 26 32% Co— &L rtoui» $1.25 dlv 7% Mar 20 11 Inc Bros Reeves 16 26% 33 % 27 37 % a 9.100 26% 33 9% 27 Va 27 % *37 5 Nopar 50c Mills. Co Bit Roller Reed 22'A Mar 23 6 15 preferred 2nd noncum Real Silk Hosiery Sep 10% July 52% Sep Sep 4% Dec 7 7% Jan 30% July 24 83/4 Oct 25 12 26 4% 6 Mar 36 14 6 tfc 10 5% Dec July 22 4 13% Oct 26% Oct Shares' 26 9% 9% : Dec. II 33 y« x33 V- 34' 34 25 5 50 50 50 $2 Dec. 10 26% 263! 27 the Week Friday Thursday Dec. 8 26% 1 35% Jan Wednesday Tuesday Dec. 7 Par common 14 24 24 % May Inc Ravonler 5 Sep 22 Sales for SALE PRICES HIGH AND Dec. 9 Monday YORK STOCK EXCHANGE NEW Range Since Jan. 1 Highest Lowest Year 1952 12 *11% . S Hiuiwi 29% Feb 29 32% Jan 23 33% Aug 11 Oct 9 99% Feb 21 81 Jun 12 93'A Nov 9 99% Sep 10 107 % Nov 26 103 Feb 26 115% Aug 35Va Oct 23 84 35% Nov 26 Feb 30% Oct 6 7 preferred 4%% conv preferred 10 43'A Jan 16 Vz Jun 54 St 5 29 19% Nov 24 St 17 31% Dec~23 23% Sep 14 33% Jan 30 27 75 Dec 30 61 Sep 14 77 % Feb 2 Feb 8 312 Dec 3 211 Sep 15 312 Jan 5 May 26 160 Sep 14 150 5 Dec 175 5% Oct 7 16% Jan 9 24'/4 Feb 6 17% Sep 4 97 May 29 91'/2 Sep 9 96 Nov 12 17% Jun 11 24 Dec Sep 14 27 Jan 13 Nov 17 18 'A Jan 2 11 Vs Sep 21 15% Mar 23% Oct 29 33 Va Jan 2 20 Sep 15 28 11 Sep 15 17 54 Jan 16 70% Dec 9 85% Jun 1 91'A Jan 6 150 Mar x88 13 10 Dec 59 49% May 1 87% Oct 30 102% Oct 23 21 31 21 105% Jun 30 35Vo Jan 30 Apr 94 18 25% Dec 9 .. Arms Corp *227 235 165 *130 165 81% Jun 30 Jun 19 3 15% Jun 10 17% Dec 3 May 21 68 Vz Jun 15 79% Jan 29 36% Sep 14 45% July 31 Seaboard Air Line RR Co 21% Sep 15 26 Dec .8 Seaboard 103% Nov 9 20 2 16 'A Oct 4 86 1 24% Dec 12 19'/2 Jan 99% Aug 24 15 12% Feb 13 16% Sep 29 62% Dec 13 10 18Va Jan ■ 15 23% Dec 27 14% Jan 25 Mar 13 13% Dec 29 68 82 '/2 Nov 3 20 Vo 95% *93'A 95% *93% 95% 24'A *23 'A 24 *23% 24 23% 11% 11'A 11'A 11'/# 11'A 11% 11% 11 'A 11% 1,400 21% 21V# 21% 21% 21% 12,500 11% 11% 11% 11% 12 14,500 11% 21 Vb 22 20 Vs 21'A 21 n% 11% 11% 11% 11% 70 14% Feb 26 $4.50 preferred Shamrock Oil & Gas Apr 14 35% Sep 42% Dec 3 16 20 43 Oct 16 42% Jan 43% Mar 16 28 10 % Sep 8% Sep 15 11% Mar 25 Shattuck 23% July 31 24% Nov 18 26% Feb 6 Sheaffer (W 3 Shell 6 Sheller Sep 15 76% Aug 17% Jan 13% July 2 17 Vb Dec 23 62% Apr 24 13% Sep 15 10% Jan 2 15 Dec 23 11% Sep 15 16'A Mar May 27 32 July 7 18 28 % Sep 15 34 21 43 % Mar 20 65'/2 Feb 28 87 27 *38% Nov 18 49 Jan 38% Oct 6 48 36% Sep July 16 Jan Oil Simonds Saw Oil 11% Oct 38% July 24 3 32% Mar 17% Mar 12 15 20 19% Aug 27 63 Vz NOV Sinclair Aug 5 Skelly Oil 23% Sep 29 37 Jan 3 Smith (A 8% Nov -23 38% Oct 21 *88% Mar 7 42% Oct 15 70% Feb 22% Apr 3 13 80 '/2 Apr Dec 8 124% May 2 7 5 18 140% Mar 13 2 115 7 53 45 y2 Jan 17 52 Dec 23 47 Oct 50 y2 Dec 16 69 Jan 14 34 Dec 42% Jan 16 6 Apr 14 2 12% Jan 38% Nov 20 21% Apr 22 26 Dec 16 Nov 10 30 Dec 23 34 23 16% Nov 19 33% July 33'% Jun 13% Sep 22% Jun 23 Jun • 7'/# Feb 27 Mar 26 AmerGold May 53% Feb 40 9 39% Mar 16 Southern 16 Va Feb Southern Co -5 13 2 27 Vb Feb 24 South 5 33% Feb 10 Southern 23 36'/# Sep 15 49% Mar 18 South'n Pacilic Sep 11 49% Mav 20 Southern 36% Sep 47% Dec 16 21 40 Jan 18 76 Dec 29 73 11% Oct 23 16 Jan 17 11% Dec 66 6% Jan Aug Oct 28 Feb 21 38% Apr 16 Feb 9 17 103'/2 July 49 Dec 103 9 19 11 4% Sep 15 4% Sep 15 103 44 Oct 2 Feb' 18 14 49% Mar 20 Sep 14 Sep 22 9% Mar 19 7% Nov 16 10'/2 Jan 3 5 Vb 63% Nov 18 73 Jun 13 53 25% 26 34% Dec >8 21% Aug 31 22% Jan 2 28% Dec 80% Jan 2 92% Apr 3 12% Jan 2 18% Oct 28 18 % Nov 11 26 For footnote# #ee patre 28 25 Sep 15 80% May 5 12% Sep 15 10% Sep 15 35 35 38'/# 38'A 38 16 16V# 7.50 ctfs Spear & Co common $5.50 preferred Chemical 2nd Co 79 *12% Nopar 1 .Nopar common..6 preferred Spencer Kellogg & Sons Sperry Corp (The) Feb 11 6 20 y4 Mar 18 4% 4% 5% 106 _ 60 4% 5% 5'A *104 109% 59%, 59% 24% 24% 75% 75% 76 15% 15% 15% 1,800 5,200 15% 12% 12% 30 30'/# 37% *37 37% 300 32 V# 32% 32 32% 22,380 36% 36:% 36 'A 36% 3,700 26% 26% 26% 26% 1,500 5,300 *37 8% 8% 8% *39'A 40% *39% 40% 45% 45'A 45% 45' 4 210 13% 13% 13% 14% 8,800 15 V# 15% 15% 15% 3,400 35 V# 27,300 15% 2,300 34% 15% 34% 35% 15% 15% *133 140 *133 5 5 *5 5 V# ,14% 15 50'A *48 50% 100 x36 % 37 36% 2,500 *34'A 35 14% 35 % *33% 7,900 16% 17,300 28 28 28 27% 28 Va 11,500 37% 37% 36% 37% 27,700 41 41% 3.800 38% 38% 40% 40% 37% 37% 37% 78% 79% *78% 79% 10 12% 4% 5% 5 V# *104 109% 12% 12% 11% 12% 2,300 4-% 4% 4% 4% 2,500 78% " 12% 4% 5% *104 5% 109% *5'A *104 59 % 39% 59% 59% 900 60V# 60% 60% 61 280 101 % *100 % 101% *100% 101% *106'A 14% 46% 14% 15 14% 14 % 46% 47 46% 47 6% 56% 28% 28 15" 46% 6% 56'A 28% 28% 14 V2 6% 14% 46% 6% '56V# 28 V# 88 13% 13% 88 13% 13% 5 Standard Brands Inc com—Nopar Nopar Standard Coll Products Co Inc.—l Standard Gas & Electric Co_Nopar 57% 28'A 28'A 27% 28% 28 87 88% 13% 13% 88 13% 13% 13% 13% 56% 28% 28% 88; 13% 13% 150 59% 61% *100% 6% 600 .... 59% *60% 14% 46% 6%-t *56% 1,700 5% 109% 60% 47 1.400 37% 101% X46% 200 35 " 14'A 1 1,500 8,600 14% *48 60% 61 200 140 *100% 61 2,100 3% 1 * 200 12,200 50 Co $3.50 preferred 5Vf* 8% 24% 75 "A 100 Square 17% Jan 4% 105% *59% 3,200 8% *24'A '78% 79' 13 8'A 6.300 27% 38 '12% - 8 % 4,500 25% 28 *78% 13 35% 20 - 25 % 27% *78% 41% 35 V2 33% 28 1 41.% 35 16 25% 100 41% 25% 41% 37% tr 63 16 V# 38 Stk *61% 25% 37'A 50 62 V. 16 37% 31% Jan 29% Mar 18 35. 41 37% preferred *61% 25% 16 37% 67% Mar 23 91 27% 21,500 38% 38 16'/# 25%T 25% 41% Spalding (A G) & Bros Inc Sparks Wlthinglon Co D x25% 1,000 8 38% 16V# 25% 38V# 37% Spiegel Inc common—. 2 Conv $4.50 pfd (stamped).No par 6 '34'A 16 40% *37% preferred— 35% Sep 25 37% 4.60% 5 37 153s 34% 35% 15% 15% *133 140 4% 5 14% 14% *48 50% 37 37% 4*> conv 19 x47V«" 47V# 37 f 37% 34% 34% 50% 8% 40 " 46 13% 15% 38 4.50% Oct 35 45'A 41% Spencer 19% Jan *48% r 5 14% 9 7% 12% 37% 2 101 5 14% 9 8 VH 20 33 36% 26% 1,000 9 8 12% *37 9,300 9 29% Nopar (Del) 4 2 12 Co— Dec 19 *133 140 5 1 5 xl4% 14% 140 8 common..No par Co & Ohio *133 15% 21% 9 21% 12% 26% 15 % 35% 61 % 21 % 15% 36% 26% 15% 61 21% 2°% 37% 32% 15 'A 35V# 61% *21% 15% 12'A 33% ' 200 13% w'j 36% 26% < 800 14 *13% 61'A x35 32% 9 190 81 13% 36% 8% 24% 76% - 9.700 81 103% 103 61% 36% 8'/4 75% 14,000 25 7A 103 13% x41% *24'/# 25 'A . 81 42% 27 *26% 102% x81 41% 36% 16% Elec__No par & Gas 59 3 4 Dec 14 45% Dec Mobile Gas Railway non-cum 37 82 62% 36% 15% 5 13 12% Sep 7 5% ; Edison Nov 98% Feb 1 7% Mar 25 52% Jan 31% May 3 7% Mar 17 106, 2 26% Jan 10% Jan 2 May 16 17'/# July 18 Feb 80% Oct 15 % May 25 61 57% Jan 23 99% Jan 52 29 9% Jan 4 5 6 100 Mar 30 May 21 7% 102% *61% 33% 33 36% 25 < Natural 37 35% 50 —_— (The) 38 38% Oct & California Indiana 37 ■ 15% pfd—100 Platinum 1 preferred 11 29% 15% South Porto Rico Sugar com.No par •8% '13% 29% 35'A E & G Co com_4.50 preferred 2 15 1 5% 2 Jan Co South Carolina x76 76% 15'/#.'15% 37 Solvay American Corp 4% South 8% 24% 1 Sep 14 37% 5 Socony Vacuum Oil Co Inc 4% Sep 41 % 15 Smith-Douglass Co Inc 11% Jan 7% 63 41% 41% 36% 37% 8% 8% *24% 24% 75% 1 7-% 15% * 15'/# 12% 13'/# 29% 30 ^ 7% 63 13% 1 10 *21 % 9 22 9'/# 15% 5 12 9% 13 21% Mar 20 6% Dec *21% 21% 9% 61 17 18 % Jun 12% Dec 61% 16% *37% Jan 9 *13'/# 13% 60% Nopar 6 7 13% 8% 40 18 Jun 13% 61% 8%' 8% 39% 39 V. 45% 45'A 14 121 13 V# 13V# • *81 82% 46% Sep 143 81% . 40 14% Sep Aircraft *81 102% 103% *102'A 8% 30 Solar 26 *45% Inc 4 25% *39% 14 8% Jan May Smith-Corona 42 77 26 100 100 1 preferred 77 41% 17 3 *74'A 25% Inc common—20 preferred 4.20% 25 4% Feb 38 6 Corp (Alexander) 3 % Vo 4 25 O) Jan 4Q% 15 16'/# May 21% Mar Smith 27 - Nopar 23 10 <. 17% *74'A *17'A 26 8% ^1 Corp Co *17'A 17'A 77 25 V# 36% Nopar 21% Jan 14% Nov 32 y4 Oct 17% Feb 66y2 Mar 22 Nov 20 53 43% Mar 20 42 70 100 25'A *24 - No par Steel 104'A 41% v 21% 9Va 1- Corp *103 41'A 40% Co 85 % 41 Vb 8 Corp Of America *85 40% 103'A 10 4 41'A 63 15 Sheraton 14 ; .1 Simmons 17'A *74'A 20 5,600 26 % 104'A *103 17% 17 Va 26 'A 26% 77 81% Nopar 5 104'A 101 85 3 *85 *103 30 91 *99% *74'A 7% „ & * 26% 7,100 70% *89'A x40% *102% Nopar 20 33% Oct 77 25% 26'/4 500 23% 101 41% .42'A *61% Co Corp 30% Sep ;ll 17% *74'A 1 Pen A) Mfg *17'/# *99'A 85% 69% 95% 91 100% *85 103 'A 103'A 104% No par (Frank G) 29% Jan 32 85 104 'A 5 1 . Sharon Steel Corp.. x8% Feb 30 8 29 Mar 15 26'A 85 1 31% Feb 33 26 85% 25 Servel Iiic common 80% Oct 27 5 10a 26% *93% 70'A 70 *89 100% 61% Seiberling Rubber Co— 80 90 103 *85 70% 91 *89 90 *101 5 Seeger Refrigerator Co 70 70 Vb 70 70% 89 x26V# & Co 12% Mar 12 13 12,300 20 19% .No par 26% Mar 27 Oct 19% 20 *23% * •Seagrave Corp Sears Roebuck 17% Mar 24 62% Dec 20 19% 19% *93% 40 Oil Co of Del Seaboard 13 11 7 26 Dec 1 17 Aug 165 20% prcierred.No par fund sink $5.75 *130 24'A 100 com preferred 8% Sep 15 29 7'/2 Feb Sep 6 20% Sep 31 9»/2 Oct Oct 56'/# Apr 2 50'/2 Feb 90 72 3 103% Apr Oct 75 3.35% 165 95'A 24 100 (The) Scran ton Elec Co 235 20% 100 preferred conv preferred 4.30% *222 *93% Finance Co common Oct 3.65% ' 10 235 *130 25 98 14% Jan 1,000 235 63 Va 63% 63% *130 24% 25 24% '227 preferred 29 75% Jan 8.400 63 V8 89 30 103 25 63'A 165 *101 89 Vb Apr , 24% 63'A 235 preferred 116»/4 Jan 2 24'A 64 *130 .No par Paper Co common Scovill Mfg Co common 3 24% 'A 15c 13 Feb -3,700 1.40 Feb 86'A Feb 19'A *227 .5 30 110 19 5 29 VB Oct 85 19 235 10 Corp 12. 19 100 , Industries Inc— 31% Jan 19% 100 , „ Schenley $4 19'A 100 Ry Co preferred Schering 25 19'A 63% 6 Feb 6,300 24 Paper Co common. $3.40 34 64 'A Mar 23 Scott 33% 19% pfd 4.40% series A Electric Co Savage 33% 25% Sangamo 6 Jan 105 Jun 98 1st 33% 64 noncum St Regis 23% Mar 25 15 34 19% St Louis Southwestern 600 115% 33% 24% 100 A 5% 1,430 89 % 88% *115 115 33 Va par Light & Power— _No Joseph 83% 88 Va 114 V# 38% 38% 38% 115 115 33'A 19% Preferred series 38% 88% 87% 89 115 F Ry Co common- .No par St L San x60'/2 Feb 89 33% 33'A 10 38% 38% 38 V, 115 115 115 100 Joseph Lend Co 22% Apr 205 common 4% 101% 7,000 6,500 5.400 6% 6 6% 56 56 % 56 56% 130 27% 28% X26% 26% 6,300 28% 28% 28% 28% 7,300 88% *87% 88 % 13% 13% 13% 2,500 13 V# 13 13 7,600 6% *87 13% 13 120 Volume 178 Number 5281 . Commercial and Financial Chronicle The . . (2323) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1952 Lowest 50V* Jan 3 703% Oct 16 72 92 94 10 11% Oct Jan 25 67 477a Jan 22 23 Jan Mar 15 85 31 100% Sep 18 15% Jan 30 NEW Highest 49'A Sep 65% Sep 64% July 23 Oct 16 35% Oct Range Since Jan. 1 Lowest Highest YORK 59% Jan 5 Standard Oil of 15 Sep 15 Sep 21 81 % Jan 2 Standard Oil of 78% Jan 5 Standard Oil of 38% Jan 5 Standard Oil of May 11 94 21 100 % Jan 12 3%% STOCK < ' Monday 91 Dec 51% 53 52 52% 5134 52% 51% 52 69% 70 69 69% 68 3A 69 »/8 68% 69'A 15 72% 73 72% 72% common—10 72% 33 % 72% 72% 72% 33% 72% 33 % 33% 31 33% 32% 33% 32% *98iA 98% 98% 98% 32% Oct 13% Mar 26 Stand Ry equip Mfe Co—: 1 12% May 11 47% Dec 7 Stanley 5 10% 5 July 3 11% Oct 30 17% May 25 Sterehi 31 32% Jan 4 37% Dec Sterling Drug Inc 24 25 Vh Nov 23 29 44% Jan *8% May; l *4% Nov 10 22% Dec 30 16% Sep 2 13 % Dec 16% Nov'21 23 Jan 18 Apr 79% Jan 21 Aug 6 35% Dec >0% 5 26% May 20 8% Nov 17 96 Feb 40% Dec 8 31% Feb 8 2 23% Feb 2 17% Feb 2 15% Mar 11 -0 29 8% Sep 92 . Dec 10 29 10% Mar 13 20 Oct Stewart-Warner 99 68% Nov. 18' Feb ■. '//-.! i. 119% Feb 16 3 15 28 16 18 26% Apr 3 1 70% Dec 11 16 11% Jan 18 6 22% Jan 22 % Dec 63 May 8% Oct July" 110 24% Apr 24% Jun 18% Oct 490 Oct 17 19 Oct 30 22% Apr 24 102% Jan 2 570 Apr 14 27% Jan 26 26% Aug 26 112% Nov 24 7 J17 Jan 14 21% Mar 25 23% Sep 19% Sep 30 24% Jail 66 15 Sep 6% Nov 520 17 10% J<*u Q!) Aug 7 22% •Jau 25 Jan 14 32 Nov 100 Jun 18 113 Nov 6 10% Jan 24 14% Dec 15 12% Jan 13 18% Dec 11 30% Oct 30 35% Jan 22 35% Jan 2 42% Dec 8 32 % May 2 41% Dec 4 29% Sep 21 78 40 Jan 5 14 May 5% Oct 13'/# Jan 1 89% Aug 25 13 111% Jan 21 4% Sep 15 7'A Feb 25 14 Jan 5 16 8 % Jan 20 23 28 33 Sep 14 603/o Jan 37 29 Dec 49 5/a Sep 17 16% Aug 13 47% Mar 3 58 18 34 Jan Dec :i1 '•! „ — 16 _ 463/4 Jan 12 t a:I, 30% Sep 14 Oct 16 86 Jan 8 32 3/4 Jan 195 % Mar 28 135 Dec 30 101 46% Nov 19 37% Jan 10 17 183/4 Jan 2 6% Nov 24 12 3/u Mar 14 18% Feb 7 13 % Dec 10 17 % Jan 12% Oct 31 15:,A Feb 7 35% Dec 29 433A Feb 14 11% Aug 31 353/4 Nov 17 103/4 Oct 10 143A Jan 22 8% Dec 483/8 Dec 2 Nov 26 12% Feb 1 7 Sep Nov 25 48 Feb 15 40 Jun 10 4 Jan 18 1% Jan 15 8 9 % Oct 9 % Jan 4 % Nov 15 8 41 8% Jan 11 15% Feb 42% May 1 59% Dec 91 % Jan 9 983/4 July 2 Jun 17 4 22'A Jun 25 31 18 22 243% July 23 49 Oct 39% Oct 16 41% Sep 883/4 Jan 14 44 Feb 3 5,700 22% 22% 221/4 225/8 22% 22% 19,700 Sunbeam Sun SunOilCo common--— "When issued" A Class 4%% N9 par ! Sutherland 4.40% Co Taleott lhc The 21% 21% 21% 72% 72 723/4 800 7% 3,100 25 50 5 Toledo 32% *82% 83 % No par xl04% 1 4% 104V2 4% 16% Oct 23 233/4 Jan 3 14 20 % Feb 22% Nov 18 28 7 17 13% Jan a 24 15 403A May 19 443A Feb 15 42% Jun 19 16% Aug 25 21% Dec 4 16% Sep 18 47 % 60% Dec 10 49 Sep 25 14 % Dec 16 13% Jan 2 12% Dec Aug 25 10% Oct 27 112% Aug 7 20% Jan 30 47% Feb 24% Jan Trans World Transue & $6 9 11% Jan 15 15 Jun 8 35% Sep 5% Sep 25 45 Jun 15 9% Mar 20 Twin City 57o Co 103 104 % 104 'A 4% 4% 103 4% *16% 4% 17 17 17 *16% 14% 14% 14% 14% * 40% 40% 41 % *40% 17 % 700 14% 14% 300 41 411% 700 56 56% 56% 563/8 14,200 40% 40% 40 40% 4,300 82 79 56 563/4 40% 40% 80 % 5 % 82% 5% 35% 117 117% *118 84% 5% 36% 82 5% 83 121 117 36 *116 45% 46% 6% 63/4 13% . 10 *91/2 5 50% 50% 50 91 91 1 % _No par No 19 *18 21% • 36 21 36 % 119% *116 8,100 116 119 25,900 ■ ; 463A 46% 483/8 11,700 6% 6% 6% 63/4 11,800 13% *13% 13% 133/a 1,300 13% 131/8 131/4 13% 13»/4 2,400 373/8 37% 37% 3 7 3/8 373/8 30 * 1% 1% 13A 21% 114 *116 * 119% 46 % 8% 7% *8% 8% 7 41 13% 83% 200 7% 2,500 7 7'% 42 *40'% 41 110 42 1% 1% *13/4 9% 9% *9% 10 50% 50'% 50% 50 50% 2,600 92% 913% 91% *91% 92% 290 50 *91% 1% 18% 8% 7 % 913% *18% 121 41 50% 91 10 115 6% 10 Oil 115 *8% *9% com 3,500 46% % 41 *l3/4 5% 353/8 13% ' 9 7 5% 35% *37% 13% 37% ■ 5% 35% 1334 13% *8% 16,700 5% 351/4 6 34 13 9 80 % 5% 46% 7 *37 37% *116 * 46% 13% 13 114% 119% 46 % 6% 13% 13 *37 117 17 36% 5% 36 5,300 14% 56% 36 400 4% 41 14 % 40 3/8 1 4% 17 420 104' 104 1% V.- *17 1% 13% 1% 13/4 *9% 1% 13% 300 1% 100 10 3,700 1% 18% 173% 18% 18% 19% 700 21% 20% 21 20% 21 203% 21% 13,700 36% 36 % 35% 36% 36 36% 35% 36 5,100 5 . Inc 12% 12% 12% 12% 12'% 12'A 12% 12% 12% 123% 9,200 2 27% 273A 27% 28 28 28% 28% 28% 28 28% 15,800 14 14 13% 133% 17 17% 5 14% 133/4 13% 13% Steel-—No par *17% 17% *17% 17% _1 16% 165/8 16% 16 S/8 *17% 16% -No par 111% 111% 111% 111% Corp series 4% 40% i_No Corp_No par (The) Airlines common 1 common A (conv) 50 1 common 50 1 prior preferred Coach 81% 55 % Rap Transit com—No conv 6,700 32% 81% 40 — preferred Twin 32% *313/4 82% 56% No par Truax-Traer Coal Co 8 7 32% 32% *81% 40% Conv 5% series of 1952 20th Century Fox Film new 11 32% *32 83 14% 50c Tung-Sol Electric Co Dec 32 32% 104 4% 100 30 12 % Jan 32% 82% 41 _No par 30 38 32 *32 84% 10 par 50 Co 16 111 16 % 16 16% 43 *42% 43 43 16 17% 16% X15% 112 111% 16% *42% 5,100 16% 300 153% 13,400 1113% 112% 16 410 16 *44 44 *42'% 13% 17% 153% 112 16% 44 13% *17 15% 45 2,400 100 *17% 17% 17% 17% *17% 17% *17% 17% 17% 17% *50% 51% *50% 51% *50% 51% *50% 51% *50% 51% X19 19% 6% _l 19% 19 19% 19'% *12% 19% 193/8 32,600 14 3/s 14% 14% 14-3 8 14% 14% 14% 14% 14% 2,100 42% 14% *42 1 19 1,100 42 42 42% 42% 42% 42% 4 2 3% 423% 6% 6% 6% 6% 6% 6% 6% 19% 6 260 1,500 6 u Oct 16 2 10% Sep 14 14% Feb 2 473% Oct 30 56 % Feb 4 27% Nov 19 55% Jan 15 11% Jun 3 143/a Aug 6 7% Nov 23 12 15% Feb Udyllte Corp (The) Underwood 26 50 Jan 2 38% Sep 15 13% Jan 8 49 % Mar 20 57 Feb 27 72'% Dec 30 61% Jun 16 72% Feb 2 'Union 23 Dec 30 24 % Dec 15 19% Jun 16 24% Mar 9 Union 104 Jan 2 30 98 43% Jun 93 May 111 9 83 % Jan 15 98 July 31 91% Jun 25 Jan Apr 5 16 Apr 21 45% July 9 Jan 2 121 % Mar 31 45% Jan 4 94 35% Oct 104 Jun 82% Jun 78%'Jun 90 Jun 37% Jun 39 '/a Nov 100 37% May 28 May 101 % Jan 24% May 913A May 50 % Nov Nov 17% Feb 17 18 11 88 89 *88 *83% 84 82 6 Preferred $4 97 *96 97 96 Sep 15 104% Jan 38% Dec 107 July 21 16 21 Jan 7 163A Mar 20 70% Mar 19 48% Sep 15 61% Jan 5 33% Feb 11 23 31% Feb 11 3% Feb 25 25% Sep 3% Apr 45/a Apr 7 69% July 2 5% Nov 19 9 5 3/8 Mar 21 10% Feb 11 21 74 Feb 8 15% Dec 22 21% Jan 15 14% Oct 22* 18 53% Oct 30 643A Jan 47 Oct 24% Jan 2 29 % May 67 22 Jan 23 53/4 Feb 24 49 12% Oct 24 9 For footnotes 107 15 15 15 14% 56 56% 56 56 *55 % 26% 26% 26 % 26% $3.50 convertible preferred——100 *79% 4 4 4% Sep 30 United Dye & Chemical Corp com.l 8% 8% 8 34 8% 8% 13 Gas Improvement Co 13% Mar Dec 3 2% May 12 65 Sep ' 101 Jan 5 13 '120 9 175 Jan 5 20 15% Nov 27 .35% Jan • 56% Nov 30 68 Feb 23 9 & Corp & Mfrs Inc U S U S 13% *103% *88 150 1043% 89 „ 84% 84% 110 98 98 98 150 39% 39% 108% 109% 5,200 48'% 1,600 393% 5 48'% 42% *67% 13% 69 *68% 13% 13% - - 3,400 ' : 109% 48 48% 43 43 22% 22% 88 3/4 14% *104 *14% 107 . 27,300 100 22% 38% 107 46 105 223/s 883/4 883A 38 % 105 223/4 89 38% 1,000 43% 45% 45% 106 88% 800 38% 1,300 *38 *104 143/4 18,100 107 *14% 700 14% 56 55% 56 553/4 56 4,600 26% 27 y4 27% 27% 27% 1,100 4% 14,500 4% x4 4»/8 4 80 % *80 80'A 80 5 .9% 210 80 4% 5 4% 5 8,400 9 9% 9 93A 6,800 68% 69 % 70% 270 69 69 13% 13% 13% 13% 13% 3.900 I2 12 6,100 44% . Mines Co 12% 12 12 12 45% 46% 44% 44% 44% 45% 44 % 453A 44% 42,900 X2834 29% 28% 28% 28% 28% 28% 283/4 283/4 29 17,700 *34 34% 34 34 33% 33% 3334 333/4 33% 33% 1,900 11% 11% 11% 11% 11% 11% 11% 113,4 8,800 1% 1% lVe 1% 7,700 13% ,12% 11% (The)_l 1% 1% common _ preferred 12 12 11 % Hoffman Machinery com 4%% 69 13% 12 1 1st preferred— Freight Co Gypsum Co 7% preferred 2,300 No par i $4.50 S 19,300 10 Co Foreign Securities S 68 ' U U 80% 5 Cos__ Park City Mar 16 2 66 100 Coal United Mar 26 31% Jan preferred United Merch ' Jun 4 4% 26% *79% Gas 159 4 *14% . 5 United May *104 No par United Sep 107 Corp.—10 Co Mar 27 22 *104 38% 80 27% Dec 8£» page 28. *104 Fruit 1033/4 Oct 9 *88% 38 United Aug 27 Sep 223a 89% 4% 11% Sep 179 22% No par 42 __ 45% 7934 2 3,500 723% 23'A 84 39% 109 *104'% 5 10 433% 72'% . 89 *96 46 4% 30 1043% 83% 106 1 37% Feb 104 *88 44% 38 14 95% Sep 42 22% 58% Jan 17 43% 500 23 72% *104% Corp (Del) 23% July 22 2,800 23 44% United 30% Jun 7,500 7% 43% 72% 23 1053% 89% 28 1 43% *105 23% Electric 7 42% *42 43% 106 48% 38% Engineering & Foundry 31 42 43 % *105 40 48'% 48% 90 United Sep 42 48'% 22% United 44 39% 12% 283% 7% ' 38 8 30 48% 48% United-Carr Fastener— No pat United Cig-Wlielan Stores com__30c 1% 96 109% 18 10 % 83% 109% 89% 2 31 % Dec 8 Carbon 39% *39 110 America—No par $4.50 preferred United Board & Carton United 393% 40 109% series of 1952-100 of 16% Feb 102% Aug Mar 19 Biscuit *39 1103% common—10 17% Jan 2 Jan Inc 100 72% Nov 11 Jan Lines Preferred 4%% United —5 4 96% Jan 16 No par preferred- 2 1 61 Co Car 15 Nov 46 167 Air 39% 40 110 29 6 119 preferred—50 Aircraft Corp common convertible United 39% 105 43 , 123% X27% 7% ■ ' 50 Jan 12 9 101% Feb 20 Tank 39% *39 — Feb 19 Apr 25 96 44 89 % 5% Jan Aug 73 24 California 10% Sep 7 54% Jan May 86 343/4 Sep 15% Jan 30% July 26 19 4% Feb 2 4% Jun No par issued" noncumuiafive 5% 30 of series- Pacific RR Co common Union 9 12 6 4% 29 32% Mar 25 21 Oil "When Union United Dec 17 Feb Union 46% Mar 26 106% Jan 57% Oct 43A Jan *104% *88 84 26% Nov 50 1043% 89 *83% 46 24 333/8 Sep 13% Jun 104% No par *88 0 100 1043% series No par 50 % Jan 16 Sep *104% $4.50 No par 17 104% Dec 37 % July 25 72% 23% series 44% Jun l 107 72 23 443% series—, 9 23 8 72% 23% $3.50 44% Aug 13 3 21 71% 23% 100% Nov 23 30% Jan 44'% 723% 23% Preferred 5 215/a Nov 44% 713/4 Preferred $3.70 39 % Nov 2 123% 29 7% 8 1153% Jan 33% Jan 12% 28% 7% 6 9 1 12% 29% 7% x43 % Jan 15 39 Sep 31% Apr 12% 29% 7%> 873% jan 10 102% Jun 123/4 29% 7% 23 % 97 3 12 12 34 29% 7% 44'% 15 18 30 12% 30% 20 Bag & Paper Corp. Preferred 31 Co 30 Carbide & Carbon—-No par Elec Co of Mo common—10 Union 2 Jan 107 Rubber 7% Jan 38 % Dec 1 No par & 5 110 Sep 100 Corp Asbestos 4 42% Aug 1 3 101 % Jan xl3 25 Union r 9,300 5534 ... r 1,100 42% 82% *103 1 30 22 183/a 42 Trust— Williams Preferred 18 423/s 32% 821/z 18 42 32% *32 17 450 17 y2 42% 84% . Nov 31 4034 *108 17% 42 40% ___ 69% Jan Jun *16% *14% *17% 10 20 7% Dec 8 % July 15 29 Edison Tri-Continental 25 110% _No par Transamerlca Corp 15 % Sep 111 110 3278 Bearing 13% Mar 25 15 *108% 112% 32% Associated 29% Mar 19 15 111 *noy2 32 preference 10 21% Feb 111 • 1,300 '109% I 1,100 30 _No Thompson-Starrett Co com__No par 14 112 3/4 Dec 16 29% 17 100 23% Sep 12 3/4 Sep 3 16 30 42% preferred 113/4 Jun 10 16 *29% 1% 15 Jan 15% 30 15 27% Mar 12 15% Jan 16 29% 17 R) 12aA Dec 105 16 30 41% Transit 3 2 16 293/4 17% Oil 100 16 41% Inc 590 16%"" 25 & 7% *560 31% 41 __ 73/8 590 1,200 16 *32 common Roller *555 24 ' 30% *17 —7.50 7% 590 (The)— 4.16% com 7% 550 1% Water 7% 575 7 Timken 7% 575 *40 46a/4 Jan 25 71/8 605 7% 14 27 "''7% 7'A *580 40'A $3.50 14,300 213% 401/4 4% ~50 163/4 *71% _No par No (J 114% 22 common Co 70% 114% 72 certificates Inc *68% 71% 1 Tide Feb 16% *233A -9 Lund Avenue 29 % Mar 27 25 16 3A 24% $2%0 convertible preferred—50 50 IThird 27% Mar 25 17% Jan 16% *23%' 2,400 71 116 *20% Pacific Thermoid 14 15 16% 241/4 *8% x7 % 27 10 16% *23% *69 *114% ~ 21"% Fair 30 Dec 16% 24% $1.25 cony preferred _No par Thatcher Glass Ml'g Co common 5 $2.40 conv preference ._No par Nov 13% Sep 106 % Jun 16% *23% 71% 71% _ 9 9 *114% 8 xl03/4 Jan May *69% 114% _5 *21% Jan 17% Dec 71% 114% 71% Ry Co Utilities Co Textron *68% 17 21% common Producing Co Sulphur- share & 70% 116 3,100 69% 72 (James) Instruments 69% *71% Corp Pacific * 22 Corp Texas Pacific Coal 70 6,000 8% 93% 114% No par __ 70 36% 24 (conv) Co 8% *90 *21% Telautograph Corp Texas 70% X35% 8% 93% 16% 100 Gould 37 x8% *90 ' 114% _ pfd 36 9 95 701/4 25 cum Tennessee 70 34% » *23% preferred Symington 69% 32% 8% *92 —25 Co $4.40 ' .. *68% 10c Sylvania Elec Prod Inc $4 8% 95 1950—20 preferred & 69% 69% 32% 200 • 12.50 Sweets Co of America Swift 8% *92 , 1 pfd ser Paper ' 32% 8% 95 *18 r 100 preferred 2nd 8% *92 19%* 20 ;— common Thompson Products Inc 5 1 Sunshine Mining Co__ % Nov Sep 33 % par No par Superior Oil of California Superior Steel Corp 1 35 % 33 *18 21% 22% preferred series A - conv 19% Oct 2 22% Sunshine Biscuits Inc 2 28 21% *—No , Chemical Corp common series A preferred Sunray Oil Corp 18% 1 $4.50 613/4 Mar 26 3 % Jan 18 213/8 16 7 18 *18 No par ._ Thompson 97% Jan 6,000 18% 21% 20 • 14% Mar 12 1 2,700 12 215/8 27 3 % Aug 15 3 July 28 July 28 Jan 11 3.000 13% 11% 21% Texas 8 20% 13% 213/4 11 12 % Jan 20 21% Sub 20 10,100 ■ 21% Texas Mar 26 26% ' 22% 9 14% Mar 10 42 25% ■ 221/4 23 6 160 26 21% Corp Corp Texas 24 903/4 25% 18 15 10% Nov *891/4 25% 18 24 15% Nov 91 25% 18% Gulf Mar 91 25% 11% Gulf Jan 91 25% 13% Texas 138 91 25% 1,400 7,700 11% Texas 165 12% 36 Xl3%' 1 6 35% 13% 5 15 200 12 36% 91 11% 5 Sep 46 12 36%' *89% 19% Jan Oct 103 *44% 12 89 % 133/4 11% Texas 128 46'A 12% 89% 36% 19% ' 32% Oct *44Vi 12% 36% 253,4 . 127b 37% 113/8 Co— prior preference— 42% Feb 11 46% *45 12'/e 363/4 13% 5% 54% Apr 110% Jan 2 79 46% 12y8 373/8 193/« 5:% Oct 31 116% July 14 47 % 13% May 22 173/4 Nov X46% 12,000 113/6 5 9:% Dec 16 15 16 15% Nov 1 16 27% Oct 97% Jun 46% Dec 4% Mar 11 100'A Apr 30 4 7% Jan 23 34% May 19 50% Oct 86 Sep Dec 115 4,200 105/8 19% Fuller & "When issued" 81 % Jan 102 9% 10% 19% 6 20 9% 10% 11% 5%7* 635 May 12 15 13% Sep 93/4 10% 13 % »'-/ 4 % % 19 93/8 103/8 11% 26 73% Nov 9% 10% 19 % 23% Mar 26 16 9% IOV4 13"% 6 Sep 100 9% 3/8 8 Baer — 114% Jan : 8 99 9% 10 5 2 82% Jan ; 5 - *97% 6,700 12 15 Corp—. 47% 100 27,000 Stokely-Van Camp Inc common—1 Stix Studebaker 37 27 jSs Co Inc., *973/4 9% 10% 72% 36% 100 2 10 21 preferred (J P) ... 5 Stone Si Webster— 26% Jun 14 —No par —1 Inc common 9 31 94% Jan Stores ' 43 % Feb 10% Jan tTlie) L S 28% Jan 21 101% Jun 3%% Stevens Corp 9 31 4 Warner 18% Nov 20% Sep 21% Sep 3 , 10% Sep 15 16% July 1 ' 14 36% Jan 11 10 94% Jan - 14 17% Sep ,16% Jun 13% Oct 23 100 9"% 17 /Jun 5,500 33 *'97% ... 11 87 15,600 Jersey Ohio 9% Dec Apr 30 Shares 53'A 70% 40% Feb 98 the Week 52% 17 23 Friday Dec. 11 - 70 25 100 Bros Dec. 10 Indiana preferred series A Starrett Co Sales for Thursday ^ Dec. 9 New 5 7 SALE PRICES Wednesday California—No par Nov~28 *43% Jan HIGH Dec. 8 8% Sep 32 % Oct i22 AND Tuesday Dec. 7 Par . 45 36% May 2 13% Mar 24 Continued—Page 11 LOW EXCHANGE 27 No par No par No par 57% *99 23% 110% 111 100 170 170 5 17 *58 • 17% 59 8 56% 58% 101 23% _20 _100 1 1 99 56% 56% 99 *99 *23% 24 *23 111% , 113 113 172 *170 *170 16% 58 17 58 16% *58 57 100% 24 1 56 % *99 *23 1 1% 573/8 55 100% *99 ' 24 113% 11234 113% 113% 172 172% 172% *17034 16% 59 17 58% " J"', it? 11^/4 * 50 100 3,000 173 30 17% 18 3,100 % 59 30 ' 18% 58% 7,200 ,55% 100% *23 24 * 58 it The Commercial and Financial Chronicle 28 . . Monday, December 14, 1953 . (2324) Continued—Page 12 NEW YORK STOCK RECORD x7% Dec 23% July 31 3 9 13% Nov 24 7% Oct 22 8% Nov 14 35% Oct 23 39% Dec 8 34 5G 19 67 Jan 4 57 % Dec 11 64 Oct 23 32 Vb Feb Sep 26% Oct 34% Mar 21 16 6 31 % Jan 2 74% Nov 31 136% Jan 2 146% Feb 6 53 Oct 30 61 Jan 3 Oct 6 67% Jan 2 55% Nov 27 66% Feb 15 5 144V4 Jan 28 33% Sep 31 Jan 24 144 135 Aug 31, 20 23 Feb 13 17 % Dec 10 21% Feb 36% July 25 41 May 18 35% Dec 4 39% Nov 5% Jan 24 27 19 24% July 25 Jan 18 3% Jan 26% Dec 2 1 % Nov 22% Jan 23 1 % Sep 16 16% Sep 23 14 11 Apr 24 57 May 23 28% Apr 141 1/4 141% 141% 1,600 No par 17% 17 V4 17% 17% 17% 17% 9.600 35% 35 % 35% 25% Dec 129 Dec 11 3 127 Oct 31 24% Oct 1 32 23% Apr 9 17 Jan 13 28 ;29 Nov 30 88 29 29% Jan Apr 92 July 17 28 112 25% Jan 8 15 16% Oct 19 19 130% Jan 8 Sep 23 27% Nov 114% Nov Jan 8 100% Oct 30 31 8 20 106 Mar 12 103% May 2 15 92 July 20 92 Jun 100 98% Jan 22 103% Dec Jun 3 33 % Apr 24 37% Jan 4 25% Sep 15 35% Feb, x27% Jan 14 31 Jun 13 25 % Oct 13 30 Feb 5 64 Dec 35% May 22 44% Jan 11 16% Apr 18 36% Mar 7 18 18 2 27 Jun 20 Jan 7% 7% 75-% 76 V2 *74% , 1% 1 % 1 % 1% 16% *16 »/2 17 1/4 American Corp 7% 4,600 75% 75Vt 60 1% 12,100 75 % 1% 1% 16 % 16% *16% 1 1% 1% 1% 32 32% *31% 32% 25% 25% 25% 24% 163V2 *161% 163 % *160'A 17 300 2 11,200 1% 31 25% 1 1% 1% 1% % 32% 800 24 Vb 24% 2,100 161 161 162 *31% 25 *161% 1611/2 20 17% 15,600 17 17% 16% 16% 16 % 16 V4 16 V2 16% 61% 61 V2 61% 61 'A 61 Ve 61'A 61 Vb 61% *611/4 35 35% 34% 35 35 35 35Vb 35% 35 35% 5,300 37% No par 37% 37% 37% 37% 36% 37% 3.200 Xl6 38 % 37% xl2% 13 12% 28 27% 37% 12% *27% 27% 5% 29% 12% 12% 12% 12% 27% 27% 27% 27% 1,300 5% 10,600 30% 2,100 5% 5% 5% 5% 6% 29% 30% 30 Ve 30% 30 % 127% 126 *125% 127% *125% 127% *125% 127% *125% 127% 126 4125 *125% 128% *125'/a 129 *125% 129 *125% 28 % 28% *28% 28% *89% 92 19% *89% 26% 28% *89% 21 20% 126 *121 *122% 112 112 100 *89% 92 20% 20% 129 "20 27% 28 1,200 *89% 92 27% 92 19% 20% *122% 126 126 xl21 % 26% 27 26% 26% 26% 112% *112 *97 27% 26% *112% 113% 113 113 113 100 *97 100 *97 26% 26% 28 92 20% 20% 122 122 1,800 12% 5% 30 80 62' 27% 12 % *27 30% 5% 5% 29% 100 '97 100 '97 200 5,900 140 113 100 *100% 102 13,200 20% 121 % 26% 102 101 *100% 102% *100% 26% 27 *26% 26% 26% 26% 26% 26% 27 27% 25%' 25% 25% 25% 26 26% 25% 26 25% 26 1,900 62% 64 60% 62 % 60 60% x54% 55 54% 54% 2,200 14% 15 *14% 15 *28 29 *28 29 *62'A 63 "100% 25 25 5 10 xl4% 14% 20 *28 29 preferred——100 No par 10 62 12% 23 % preferred 7% 31 -10o div partic preferred 7% 25% Co Norman 800 7% 25% % 890 6% 32 1 Co Inc com Pictures preferred— Power & Light Co 36 6% *161% 100 preferred 36 1,400 6Vb 75 76 16% 1 7% 15 77 7% 1% , 4 70% Mar 7V2 17% 6,200 6% 17% Virginia Ry Co common 6% preferred— Visking Corp (The) Vulcan Detinning Co common 2 19 7 Mar 22 14% Dec Jan 31% Oct 7% 142 371/4 *36 7 1% Virginia Elec & Power Co com—10 $5 preferred 100 $4.04 dividend preferred 10o $4.20 dividend preferred 100 12 27% Dec 116% Nov *6% *31 6% 17 5 22% Jun 2 6% *16% preferred Vanadium Corp of Mar 19 127 24% Apr 2 137% Jan 128 3 May 29 % 1 8% 16 Nov 31 6 125% Jun 125 36 6 Universal-Cyclops Steel Corp 1 Universal Leaf Tobacco com_No par 6 36 50 Universal Van 35 V2 7 77 Va-Carolina Chemical com—No par 23 Apr Dec 17% Wall Paper Inc common—2 Mar 20 23 % Apr Apr $4.20 noncu 2d pfd-5 convertible Utah 17% 17% 7% 1 Corp 142 141 7 America—No par 2.5o Van Raalte Co Inc— -10 Vertientes-Camaguey Sugar Co—6% Vick Chemical Co 2.50 Vicks Shreve & Pacific Ry com—100 5% noncumulative preferred__100 Victor Chemical Works common—5 3%% preferred —— 100 10% Jan 116 Co common convertible preferred—No par 17% Mar 23 8 116 — .... Stores 45% Mar 25 5% Dec 5 1421/4 9 23 8 *141'/4 15 15% Jan 28% Mar 141% 35% Dec 12 95 140% 10 Dec 110% Jan .100 4% 32% Mar 25 21% Jan 64,700 28% Jun 8 93% Apr 39% 4%$ 27% Dec 6 57 39% Universal 16 24 41% 56 39% 17% May 20 Jan Nov 40% 56 39% 68 % May 20 31 18% Oct 41 56 39% 7 30 87% Sep ' 9 40'A 55% 391/4 2 27% Oct 119 40% 55% 39 % Feb 30% Sep 10 401/4 55% Jan 12 % 910 411/4 14 4 13,000 39'/b 17 17% Jan 28% 135% 55% 29 45% Aug 14 340 28 V4 135% 40 Vb Feb 6 83% 28% 55'/2 Sep 8 135 42 United Jan — 39% Stockyards Mar 19 13% Nov 34 *82% ' 74 noncumulative preferred—.25 $6 7 *72 135% 28 Vb 28 V8 135'/2 3,700 83% 83 841/2 28% 200 26 V8 55% & Mln common preferred 7% 9 *83 135 Vb 136 57% 26 Vb 74% *72 1.000 X57% 26% 39% 61 23 33% Dec 15 40% 84% 28% 28% 135 26% 16,900 -50 27 July 28 65, com. ..50 *58 60 *83 28% 1.36 »/2 — Corp U S Tobacco 3% May 13 84 % 28% 135% 37 14% 13% No par 167 155 *83 5 1st preferred preferred Steel 3 6 16 14% Dec .100 .100 common Smelting Ref S Mar 18 32 Vb Dec Co noncum 7% 29% Mar 12 * series A series B preferred preferred Rubber 9 7 Aug 169 Jan 74% Sep 24% Feb 26% Jan 2 May 156 *72 4 14 27 2 74% 90 17 8 1% Sep *72 United Jun 21% May 27 74 V2 9»/2 Mar 19 4% Jan 94 60 26'A 8'/b May 25 23 *59 26 10 22 60 26 V8 15 2% Apr 361/4 26 7% Sep X87% Oct 36'/4 *58 6% Nov 10 36% 26% 10 Dec *361/2 58% United 75 36% 25% 11 7% Apr 10% Jan 7 8% Dec 7% 36% 58% 7% 26 9 *7% *7% S U 7% 36% S 2 44'/a Jan 42% Dec 23 138% May 16 19% Oct U 37 68% May 29 *7% 8% *72 Shares 13% 7% 371/4 .100 14 13% *7% 7% *8 Co Dec. J1 13% 14 13% 14 the Week Friday Dec. 10 37% 8% 144% Mar 11 18 127% Sep U 13% Sales for Thursday Dec. 9 —20 3%% 87% Mar 29 ' S 5 97% Apr 31 30% Dec HIGH SALR PRICES Wednesday Dec. 8 —10 preferred— & Foundry 3%% 85% Jan 102% Jan 16 l common AND Tuesday Dec. 7 Par —10 Playing Card Co 1 Plywood Corp common— U S U 9 31 22 Vb Oct 37 Ve Oct 6 26 Oct 70 90% Dec Monday STOCK Pipe S 2 Mar 23% Aug 31 Mar 28 90 17 xSl'A Jun Sep 22 U 40% Mar 17 Co Lines S 4% % 26 Jan 8 U 22 22 V2 Jan 23 YORK EXCHANGE Highest Lowest Highest Lowest NEW Jan. 1 Year 1953 18% Jan LOW STOCKS Ran^e for Previous 14% 14% . i 14% 102% 14%' *100 *28 29 62 V4 62 G2 62 "2 62% *62'A 63 12% 12'A 12 'A 12 »/4 I2V4 Xl2% 12% 23% 23% 23 'A 23 Vb 231/4 23V4 50 50 50 49 Vb *28 29 1,000 800 w Apr 17 68% Dec 29 59 Sep 2 12% Aug 12 '/a Nov 2 Nov 24 29% Jan 6 14 21% Nov 24 27 42% Apr 29 51% Jan 7 43 % Jun 22 10% Jan 30 17% Jan 11 21% Dec 3 Jan 12 104% Dec 5 98 Waldorf System 4 Feb 27 9 4%% Walgreen Co Walker (Hiram) 9 50% Aug 15 5% Sep 18% Jan RR 29% Jan 16 Dec 8 Wabash 13% Mar 10 14 11% Jan 55 2 15 Oct" 22 25 Jun 31% Sep 16 May 1 19% Feb 19 Oct 26 24 18% Nov 20 Warner-Hudnut 21 33 % Mar 19 Warren Foundry 14 37% May 14 Warren Petroleum Jun Dec 31 24 21 31 9 13 3 30 32% Jan 28 84 Oct 16 30 14 8 Sep Sep 9 12 % Mar 7 May 73% Oct 84% Feb 17% Nov 29% Jan 12% 12'% 12% 12% 121/4 12 % 12% 12% 17% 17% 17% 17'%' 17% 17% 17% 17% 17% 1,400 27 Vb 5 33'% 26% 26 26 5 13'/2 13% 13 V2 13'% 20% 20 Vb 20% 20% Pump Co $4 Indies 5 West Kentucky Coal 37% Feb 4 West Penn Electrifc 8 West Penn Power 3 32 5 98% Jun 17 103% Apr 18 88 % Jun 18 102 Jan 15 4.20% Jan 9 12 Sep 17 "7 89 % Jun 99 % Jan 29 12% Nov 16% Jan 15 106% Jan 8 24% Dec 11 Jan 5 12% Jan 8 21% Nov 9% Oct 109% July 15 15% Jan 15 104 109 Sep 8% Sep 7 4%% 791/a 18 18 Vb 18 18 Vb 18 17% 17% 6,500 4,400 17% 4 *95% 13% 23% 106 % 9% 9% 99% Jan 12 10 3.80% Electric preferred series Inst Weston Elec 4 14 30 41% Jan 30 30% Sep 15 40% Mar 17 Oct 6 89% Jan 22 80 Oct 14 86 % Mar 24 28% Oct 17 34% Jan 7 25 % Sep 14 30 Jan 8 White Dental Mfg Oct 23 29% Jan 2 23 15 30 Dec 2 White Motor White Sewing Machine 11 12% Jan 8 32% Apr 13 30 % May 27 11% Feb 17 16% Oct 15 12% Jan 22 21 11% Mar 26 75% Feb 8% Mar 8% Oct 4 22 13 7% Sep 63% Oct 12% Aug 18 14% Jan 15 8% Nov 5 13% Jan 15% Apr 25% Dec 17 Jan 6 33 % Nov 23% Nov 25 68% Nov 14 2 21% May ^ 7 128% Jan 15 138 Nov 26 Oct 16 64 Jan 25 24% 24% Jun 126 5 17 24 16% Jun 51 Apr Jan Woolworth 35% Mar 17 10 86 97 % Feb 20 Nov 19 101 70% Dec 22 75% Jan 14 9% Oct 23 13% Feb 1 5 Sep Sep 14 71% May 12 42% 42% 41% 42V4 41% 42 23 V8 22% 23 Vb 22% 23 v„ 22% 22% 5,100 51% 50% 51 50% 50% 50 Vb 50% 21,100 100 "98% 99 98 % 98'% 98.% 98% *98% 18% 19 19 19 19 12.50 100 - 18% 99 18 % 18% *123 *123 33 33% 33% 33 82% 82% 81% 82% 81 25% 25% *25% 25 Va 25 % 25% 25% 25 Va l x28% 29% 28% 28% 28 Va 28% 28% 28% 1 5% 5% 5% 5% 5% 5% 20 *23% 24% *23% 24% *23% 24% 5 21% 21 Ve 21% 21 % 21% 21 % 1 16% 16% 16 No par 8% 8% common common No par Co 67 lo 9% 1 *32% 29 135 100 *111 28% *77 7% 14 39% Apr Yale & Towne Mfg Co 25 36% 15 23 % Apr York i 211/2 51 221/2 22% 22% Dec 4 Corp 34% Jan common convertible preferred 50 28% 28% 133 28% *133 400 5,000 29 28% 28% 137 *133 133 3,200 9% 32% 20 135 18% 18% 18% 18% 18% 18% 3.900 X40% 18% 42 40% 40% 41 40% 40% 1,000 43% 43% 28% 43% 43 VB 43% 43 431% 14.300 29% 30% 28 Va 29% 29 28 Vb 28% 4.300 76% 76 76 *76 77 *76% *107 111 *105 108 111% 7% Sep 28% 135 9% 32% 10 32% 500 66 65% 68 *9% 32% 9% 33 200 43 *76 76% 5 4%% 9% *32% *133 114 Wyandotte Worsted Co 53 % Mar *651/4 '65% 9% 43 % 11% Mar 17 9 68% 69 32% 30% 15 Jun 8% 30% No par 47 8% 43% series 12,600 16% 10 conv 900 14.300 8% 18% pfd 4%% 21% 16% *41% Prior 6,600 24 21% 8 % 18% 130% Mar 16 5% 5i% 23% 21 VB 16% 41% 75% 211/8 5% 24% 5% *24 2% 18% series.—100 2,400 16% 41% Co 28% 8% common..No par Corp 800 28 Vb 16% 10 preferred 4%% 25% 8% 9% 450 82% 25 VB 16 % 10 Corp Co 3,800 82 * % 32% 29 *133 33% 33 33% 16 Va *67 9% 33 10 5,000 8% 67 100 L VB 19% 19% 81 Va 20 (The S S) Wrigley (Wm) Jr (Del) 7% Sep *123 " *123 300 99 >123 33 10 31 21% Oct 51% Dec *98% 83% (FW) 4,700 42% 34 Service 1,100 42% 33% Iron 11,300 22% *82% Inc 700 53% 50% No par Public Worthington 97% 1,300 25 24% 51% Prior Dec 1,000 43% Mar 19 82 48 Vb 48 Vb 23 % 16% Sep 40% Jan 8 Sep 58% *96 59 preference—No par preferred,, 6% 48 75 3,000 51% Lovett Grocery Co Wisconsin Elec Power Co com 15 26 5 10 9% 23 B preferred Woodward 9 2 Co Wisconsin 19 6,200 24% 107 9 Vb 42% & Jan 83 % Feb 13% Jan $4.25 Dec 45% Dec 106 % lo 10 Co Wilson-Jones 19 32% Nov 39% Jan & 53 8 x32% Jun Wilson Jan * 9% 12% Willys-Overland Motors Inc Winn 29% Oct 135 23 20 2,000 13% 24% 24 107 9 '/b 98 preference Oil 10 76% Jan 1 Prior Sep 21 42% Sep 14 36 42% Apr 17 26% Feb 20 118 15 prior conv Wilcox 74% Mar 10 23% *106V4 9% 97 Co 11 23% 57% Wheeling & Lake Erie Ry Wheeling Steel Corp com Jan Oct 80 11 13 Vb 13% 106 % 97 Corp.: 32 5% Dec 13 VB 9% 57% com 4 18% Sep 13% 106% 9 52 V8 Union Telegraph 1 23% Dec 13% 97i% 15 28 98 971% 91% Jun 28 *95% 97 Vb 3 Apr 98 59V4 Nov 27% Aug 29 13 Ve Dec 17 *95 % 36% 58% Westinghouse 14% Jan 98 9% 23% *105% 93% Westinghouse Air Brake 32 99% 106% 23 23% *105% 13% 13% 13% 100 Western 2 *95% 98 59 A 3 9 *97 *95% 99'% *95% series 48% Aug 13 4 98 *97 59 52% Dec 17% Jan 98 98 58'% 29 % May 18 10% Aug 29% Jan 99% 104% *52% 13 Sep 810 *97 36% 104 Va 52 % 18 25 5,900 105'% 99% 36% 104% 52% Preferred $5 36% >104 *97 36% 103% 6^ 39% Sep Mar 17% 18 36% 104% No par com 22% Nov 127 17% 36% 103 % 54% RR 38% Feb 126 18 17% x36% 104% 54% Pacific Co_ 16% Jun t 100 18 37 % 37 103% 100 54% Supply 31 Mar 20 360 78% 18% 54% Auto 11 127 600 3.000 78% l 21 Mar 20 79 8% 11% 18 100 48% Dec 127 2,400 24 78% series B 45% Feb May 23% 18% No par ' 27% Nov 22 8% *10% 79 pfd 16 101 8% 10% 24'% 8% 17% Co Co 24% May 14 35 % Feb 20 2 10% 24 25 67% Mar 16 95 % Jan 10% 23 % 10% X23% 8% 10% 23% 48 4% " Oct 8% 10% 24% Western 37 1,000 48 63% Mar 25 2 1,500 20% 25 Va 2 99% Sep 13% 20% 48% Jan 14 13% 20','4 25 45 lilay 14 13% 20 'A 48 19 46% Sep 13% 13% 48% Dec 90 13% 20 26% X20 25% 47, 7 4,700 48 21 12 26 Vb 78% Western Oct 26% 26% 25% 32% Mar 25 98 26% 26 Va 25% 14 64% Dec 900 18 Air Lines Inc Western Sep 4 3,100 30 Vb 48% 57% Mar 11 20 20 32% 30 Vb 25% 43 % Sep 23 Mar 32% 31 48% 15 26% Dec 89 27 33% 30% *27 lo 56'/a Dec 22 46 % Feb 26% 32% 30% Maryland Ry common—100 noncum 2nd preferred—100 30 Oct 34% Oct - 27V4 32'A 79% preferred 46% Apr 18 27% 321/4 17% West Western 400 *26% 79% preferred series C 100 Virginia Coal & Coke 5 West Va Pulp & Paper com new—5 Feb 16% Jan 102 98 i 102i% 79 4.10% 15 *101 7,600 1 4%% preferred / 103 *101 103 23% 10% 24 x231/4 No par preferred 28% Jan 30 8% 8% 8% 10% 24 com—2.50 Sugar Corp 107% Jan 28% Dec 37% Dec 110% Sep 8% 1 _5 Snowdrift & convertible West 5 Co Investment Oil 2 2 26 Vb No par 2 96% Jan 31 Power ; 24% *30'% 27V8 21% May Jun *102 32'/b 29% Jan 17% Oct 103 *30 V2 *27 No par Corp Knitting Mills *77 78% 112 78 % 80% 78% 80 % *106 190 77 80 108 *79% 80% 1.100 7% 7% 7% 3,000 82 T5'0 7% 36% 35% 35% 36 36% 36 36 V4 36% 36% 1.000 221/4 X21 % 21% 21% 21% 21 % 221/4 22 22% 22.700 51 >:50% 51 51 51 511/4 51% 51% 51% 22% 22% 22 22% 22% 22% 22% 1,200 7% 900 27 % Oct 16 34 39 % Oct 23 50% Jan 47% Jan 3S»/2 40 39% 39% 39% 39% 39% 39% 38% 39V4 7.700 15 Oct 15 17% Jan 24 Sep 14 11% Sep 23 Young (LA) Spring & Wire.No par Youngstown Sheet & Tube. No par 16% Jan Youngstown Steel Door— No par 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 2,200 68 iTJan 88% Nov 28 63% Jun 84 No par 68'% 69 66% 67% 67 67% 68 67% 68 5% Jan 29 ct 3% Oct 1 l 3% 3% 3% 3% 4% Nov { ; r 2, 17 Jan 34 *Bid and asked prices; Cash sales.wri When 10 2B 28 Jan 6 Zenith Radio oy4 5% Apr 13 1j Zonite ^oune Products croquets no sale on this day. Un receivership, distributed, x Ex-dividend. Ex-djvidend. y Ex-rights. or petition Corp uorp Corp t 7,800 17% 23% *101% *26% 106% Mar 18 • 12% 30% Webster 3 9 41% Jan 103 33% Water ■- 7,500 : 12% 24 30% Wesson 2 51% 23% 101% 24 33% Pipe & Wayne 27 28% Feb 5% *23'/4 1 Inc Inc Wayne 13% Feb 25 15 5% 23'% 1 Pictures i 4.400 5 preferred Bros 5%- 3 Wash 5'% I /■ 2,100 50'/b 24 Waukesha Motor Co Mar 16 5% 23 Vt 50 5% Washington Gas. Light Co—No par 5 24% Mar 23 21 % Sep 5 Jan 17% Apr 14 10 19 11% Jan Sep Sep 14 19% Oct 20 14% July 31 3 80% Feb 28 5%% Warner 29 3 24% Dec 17 9% May 4 16 18% Jan 28 *24% Oct 23 11% Nov 30 Feb 17% Apr 28% Sep 3o Dec 37 25 105 15 23% Sep 35% Jan 3 27% May 15 25% Jan 4 5 % 23Vb 50 100 2 15 14% Apr Jan~30 20% ' 5% 5% 23'A 23 Vb Baking Co common Ward 49 Vb 50 % 12% 2.50 Sep May 12 *49% No par Walworth Co 11 % Sep 98 W & G 400 2,700 12% 3% ' 22% has been filed for the company's reorganization, a 3% V4 ,68 3% 3% Deferred delivery. - bName 3% 3% 3% changed from Noma 4% 4'% 2,700 14,300 14.JW Electric Corp. - i ■ i ? Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2325) ! Bond Record ♦ v,% »>'! V ' italic letteri In the *■**) ; f \ . < WEEKLY "Interest headed column , \ - New York Stock «» FRIDAY The k ' • Period" Exchange YEARLY - Indicate in each the case month when the bonds mature. - Figures after decimal point represent GOVERNMENT BONDS Year1952 Range Since Jan. 1 < Highest Highest Lowest NEW * 104.16 Dec Treasury 3%s Treasury 2%s Treasury 23/4S Treasury 2%s 1978-1983 1958-1963 Treasury 2%s 96.14 Oct 14 96.9 14 96.19 Jan 9 96.20 Mar 18 96.25 Dec 9 96.21 Dec 9 Mar 25. 94.8 Mar 25 9 96.21 Dec 94.8 Treasury Treasury Treasury Treasury Treasury 9 96.27 Nov 10 96.22 Dec Dec 24 100.4 Nov 18 Qct~23 95.20 10 95.8 Oct~23 18 96.22 Dec 95.20 96.20 Nov 19 102.18 Jan 29 99.14 Oct 23 23 105 *105 105.4 theWaak Bonds ($) '105.4 *105 *102.2 102.6 *102.2 102.6 *102.2 102.6 103.24 101.21 *103.20 103.28 *103.20 103.28 *103.22 103.30 *103.22 103.30 *101.18 *101.23 101.26 *101.25 101.28 *101.31 102.2 *101.31 102.2 *105.8 105.16 *105.12 105.20 *105.12 105.20 *105.14 105.22 *105.14 105.22 *106.18 106.26 *106.24 107 *106.24 107 *107 107.8 *107 107.8 *100.20 100.24 *100.20 100.24 *100.20 100.24 *100.22 100.26 *100.22 100.26 100.29 *100.28 100.30 *101 101.2 *101 101.2 ' *102.2 102.6 *102.2 102.6 <___ 1958 *100.24 100.26 *100.27 ..1962-1967 *97.22 97.30 *97.26 98.2 *98 98.8 *98.20 98.28 *98.20 96.30 *96.28 97.4 *97.2 97.10 *96.24 97 *96.14 97 *96.14 96.22 *96.20 96.28 *96.24 97 *96.12 96.20 *96.12 96.20 96.24 *96.20 96.28 *97.8 97.16 *97.8 97.16 96.16 *96.12 96.20 *96.30 97.6 *96.30 97.6 *95.16 _i_ 98.28 *96.22 95.24 ......June 1964-1969 • -_~__^-Ded. 1964-1969 ....—1966-1971 96.20 *96.16 ;*9&30r:96;6 *95.20' "95.28 ■ _ - *96.12 f 1965-1970 , *96.8 . . '.x.. 96 *95.26 96.2 *95,16 95.24 June 1967-1972 '.'*95.6 "*"95.16 .*95.12 95.20 *95.20 95.28 *96.2 96.10 *96.2 8ept 1967-1972 96.10 *95:4 -95.12 *95.10 95.18 *95.16 95.24 *96 96.8 *96 ...Dec 1967-1972 96.8 *95.6 95.14 *95.12 95.20 *95.16 95.24 *96 96.8 *96 ___il957-1959 *100:6 2Vis, .... *95.24 96.8 100.10 *100.9 100.13 *100.10 100.14 *100.14 100.18 *100.14 100.18 *100:6 100.10 *100.8 100.12 *100.9 100.11 *100.13 100.17 *100.13 1954-1955 100.17 *100.17 100.21 *100.14 100.18 *100.16 100.18 *100.15 100.19 *100.15 1954-1956 100.19 June 15 : 1958- *100.20 100.24 *100.20 100.24 *100.20 100.24 *100.20 100.24 *100.20 1956-1959 99.16 *99.14 99.18 *99.16 99.20 *99.23 99.27 *99.23 99.27 *97.28 98 *97.30 98.2 *98.4 98.8 *97.23 97.27 Dec 1959-1962 *99.23 99.27 *97.28 98 *97.30 98.2 *98.4 98.8 *97.23 97.27 *99.23 ___ 100.24 *99.12 June 1959-1962 Treasury 2Vis Treasury 2 Vis Treasury 2Vis Oct~27 97.19 *104.^8 , High *103.16 Dec 15 Treasury 2Vis 99.14 Oct Oct~27 97.19 104.30 Dec.lt Low High ..^.1963-1968 Treasury 2 Vis 29 Low i.Balaalay Friday Dec. 10 High *104.26 - Thursday 1956-1958 Treasury 2%s 102.18 Jan Low High 104.24 *104.20 PRICES 1960-1965 Treasury 2 Vis Treasury 2%s 18 Nov SALE Dec. 9 1961 2 %s 2Vis 2%s 2Vis Treasury 2Vis Low High HIGH Wednesday t 1956-1959 Treasury 2%s 14 Dec. 8 1955-1960 Treasury 2 Vis Treasury 2'As 96.14 Oct AND Tuesday Law Treasury 2Vis 100.4 point a Dec. 7 Treasury 23/4S 96.15 Dec 32nds of more Monday YORK STOCK EXCHANGE - . 99.24 May 12 Oct or LOW Range for Previous Lowest one 99.27 Treasury 2s 15 Mar 18 100.3 _ - _ ___ June 1954 *100.11 100.13 *100.12 100.14 *100.11 100.13 *100.10 100.12 Treasury 2s Dec 1954 *100.10 100.12 *100.9 100.11 *100.3 100.7 *100.6 100.8 *100.6 Treasury 2s 99.18 Oct 100.10 *100.6 Dec 1954-1955 100.10 *100.9 100.11 *100.10 100.12 *100.9 100.11 *100.8 100.10 *100.8 100.10 International Bank for Reconstruction 93.4 Oct 20 96.28 Aug 7 90.16 Jun 17 92.12 Oct 22 96.4 Apr 2 91.25 Apr 16 94 July 20 10 97.24 Feb 27 92 15 96 Nov & 30-year 3Vis 98.10 Nov 7 100.15 Dec 17 98.10 Nov 101 7 Dec Jun 95 94.16 Jan 2 2 98 Dec 101 Oct 100.24 Nov 4 94.16 *93.16 94.16 *93.16 94.16 *93.16 94.16 1976 93.4 93.4 *92.16 93.16 *92.16 93.16 *92.16 93.16 Oct 198J *94.24 95.24 *94.24 95.24 *94.24 95.24 *94.24 95.24 *97.24 98.24 *97.24 98.24 *97.24 98.24 *97.24 98.24 26 July *93.16 Mar 1 97.16 May 12 100.16 Nov 30 1 1972 4 1975 *93.16 93.4 , 94.16 93.4 *94.24 3,000 95.24 *97.24 98.24 1971 100.24 *100 101 *100 101 *100 101 *100.12 100.20 *100.12 100.20 *100.12 100.20 *100.12 100.20 100.16 100.16 *99.16 100.8 *99.16 100.8 1955 *98 *98 99 *98 99 *98 99 *98 99 1956 Oct of *100 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 *9o.l6 98.16 1957 3s bonds 1956 1954 3-year Serial *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 *94.16 96.16 *100 101 100.8 *99.16 99 100.8 *99.16 100.8 *99.16 2s 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *91 93 *91 93 *91 93 *91 93 *91 93 1962 a *94.16 *93.16 1960 1961 No sales transacted this day. 1958 1959 2s asked price. *89.16 91.16 *89.16 91.16 *89.16 91.16 *89.16 91.16 *89.16 91.16 Odd lot transactions. eOash sale, RANGE Friday BONDS Interest Period Sale Price New York Stock Exchange or Range Friday's Unification Transit 3% Corporate Registered FOR WEEK bond transactions. ENDED Range Since Sold Jan. 1 No. High Low York City 1| High Brazil 991« 98% 119 99j,V 95 13 14 3%s series No. 101 Va 3%s series No. . L'. —June-Dec 19 20 3%s series No. 23-3%s series No. 25 3%s 26 series No. 3%s series No. WERTHEIM & Co. Tslephon0 Members REctor 2-2300 120 New York Stock NY Broadway, New York 1-1693 Brisbane (City) 25-year (Columbia)— §AGuaranteed sinking fund 6s 1948 April-Oct of Norway) 4s 1968—Afar-Sep Akershua 1947 6s Feb-Aup (Kingdom SAAntioquia collateral 7s A 1945 Jan-July §AExternal sinking fund 7s ser B 1945—Jan-July (Dept) § AExternal sinking fund 7s ser C S A External AExternal sinking fund 7s sinking fund AExternal sec AExternal sec 20-year 3s s Australia 7s 2nd ser sink fd 7s 3rd ser f $ bonds 5s 3%s 1967—— 3%s 15-year 3%s lABrazil (U S of) Stamped, Stamped s Stamped f to reduced 5% reduced A 1926 due to Plan 100% 13 100% 99% 25 95% 99% 99% 52 94% 99% 102% 100 ,<T 100 88% 97 88 % 96-% A A June-Dec pursuant A 1931 to 1957 due A 1979 1944 3 %s series No. 2_— 3%s series No. 3„ 3%s series No. 4_ 3%s series No. 5 April-Oct 108 Va 113 95% 7 91 95% 60% 3 59 86 16 55 assented A6s fund 5s 1957— 86 92 89 Mar-Sept 1942 s _ fund 1960 f assented AExternal A6s A6s sinking assented AExternal 1961 fund .. _ 6s : ■ 43 V2 79 76 82 *79 82 79 61V. — 61% K _ Feb-Aug Feb-Aug _ Sept 1961— _Mar-Sept 1962 fund 6s 1031/4 91% 8 91% 95'A 9 40% 44% 61 % 1 55% *38 1951 * ; • "" 61% 62 , 21 93% St 61% 2 61 % 3 *38 „ 61 Va June-Dec . 60 ' 80 June-Dec " 79 " 60% 80 81%, 34% 61% *78% 16. 61% 38% *60% -- 33% 58% 61 % *60 *38 — _ / 75V4 79 15 79 Va 79 19 June-Dec June-Dec 3%s series No. 10 June-Dec 3%s series No. 11— June-Dec 3%s series No. 12_ June-Dec 80 74 Va 81 74i% assented sink AChlle fund 1963 $ _ bonds 2%s-3s Mortgage Bank 6%s A6V2S assented ASinking fund AGuaranteed 1993 _June-Dec 36% _Jwne-Dec 1957 61% 38% 1 33% 38% 36% 37% 118 32 Vx 38 % *60% «... _June-Dec fund 6s 1961 — fund 6s 1962 _Afap-Nov 58% 34 Vx 38% *60% 55% 59 V. 34% 36% *38 -Aprit-Oct April-Oct 67% *38 _J«ne-Dec _June-Dec 1961 1961 sinking May-Nov _ 1961 sinking assented _ 1957 6%s A6%s assented A6s _ *60% —— — — — — —— *60% 58 * — _ A6s assented 1962 Afay-Nov 38% 38% 1 FOREIGN SECURITIES 89 74 82 76 Va 87'% *85% — __ __ — 80 79% *87'% 15 79 % 90 ' *91 ■ ? FOREIGN SECURITIES SPECIALISTS 50 Broad St, New York 85 80 ~8(T 80 80 PARL MARKS & HO* IN C« 97 76 80»/a 75'/a 82Va Va Telephone HAnover 2-0050 4, N. Y. Teletype NY 1-971 37% 55% ■ 58% 34 Va « __ *38 80 80 79 June-Dec 74% 38% 55% 38 % ' A6s Extl 81 Va 26 38 % 59% 33'/. *60% May-Nov 34% 55 Va — % 61% 83 V. : • 79% 79 8___— Va' 5 81 79 —l_June-Dec 9 56 % 77 38% 55% FIRM TRADING MARKETS .",.5, 61% *38 63% *' 61 Va 38% 55 Va ' (interest April-Oct (Plan B)— *' 38 V* 55% 33 V. - 61% 58% 34 61% *38 1963 95% 94 % 43 Va April-Oct _ 99 Va 93 .April-Oct 6s 44% 10 27 95 y4 43% _Mar-Sept 1961 fund 103% 40% *38 Jan-July _ 103 100 Va 6 102 % 102% 94 % 79% 79 100 Va • 43 Va 43% For Financial Institutions 89 *94% 61% 77% 75 Va 1 61% *90% 61% 80 75% —•' *60% 611/2 _April-Oct 1961 1962 sinking 95 V\ May-Nov 1961 Sept sinking assented 102 V2 April-Oct 1960 __ Feb Jan 79 *102-% 1942— -May-Nov 7s _ 6s sinking fund 6s Feb assented 87 2 . *102% 103% 43 V2 -Mar-Sept 1978_Jan-July ARy external sinking fund 6s Jan 1961,._Jan-July A6s 80 61% June-Dec page 33 A6s AExternal 82 76 Va 75 V. . 79 —— Mar-Sept sinking 78 80 74 81 80 *79 —'-I June-Dec external assented 5 2 79% *79 *79% June-Dec _ of) 30-yr 3s s f $ bds (Republic) § A7s AExternal — 80 92 60% — 81 78 79% ■ 63% (interest 3%s series No. 1 60 April-Oct _^June-Dee 7 jAChile 94 (interest 3%s series No. see 109 *90% April-Oct ; . _ 1975— 2%s 95 77 73% (interest 1_—^—... 3%s Series No. _ 1974 Val (Dept AGuaranteed 106 60% 60.% June-Dec Plan 96% 100:7- interest 1978 3.375%) 88 1 95 % April-Oct Plan L12 96 100 372 109. June-Dec to 3.5%) 95% 100 ,Ta June-Dec 1952 pursuant For footnotes 51 99% 95% Cauca AExternal 4 1979 3%s series No. 44% 34 1979 Plan External dollar bonds of . 70% 105 96% June-Dec to to 101% 40% 101 100% 100 A Jan-July Plan to funding bonds of Stamped 3 96% 1978 3.375%) to 20 96 6%s of 1927 due 1957— IA 7s (Central Ry > Stamped __ 101% 43% 105 70 96% 7s 1955 external 8s 1941 pursuant reduced 70 96% 1955 3.375% ) to 70 % 70 % 96% fund pursuant reduced AExternal 6s 6%s of f 70 1 65 68% 70% 65% 105 99% Feb-Aug ofi 3.5'? to s 70% June-Dec pursuant reduced AExternal 65 —June-Dec ... 1962 (Kingdom External sinking 70 % 65 43% 105 „ 1966- 100 *70 101% —June-Dec 20-year Belgium 70% Feb-Aup 20-year — *70 43% —... 10-year 3%s 1957— — *70 __ __ 92 95 V. 65 *70 Jan-July 1956-, 1 *70 June-Dec 1955 100 *70 __ __ Jan-July 1958 5s bonds 3%s 1957_April-Oct 1957_April-Oct 1978 external (Commonwealth) Called 10-year fd 02% 90% 100 100 1957_April-Oct ser sink (City) Antwerp 1946—Jan-July 1945__Jan-JuZy D ser 1st 7s 02% 82 83 V. ' t sinking fund 2%s 75 % 1958 _-Feb-Aug 30-yr 3s s f $ bonds 1978-Jan-July _Jan -July (Dominion of) 3'/»s 1961 25-year § AGuaranteed 99 (Dept of) Canada Fereign Government and Municipal *88 -June-Dec sinking gold 5s fund 2 2 79 * June-Dec __ 79 82 - 82 95 _June-Dec 27.. 79 - 82 78 74% — 95 June-Dec — 82 76 VL 82 82 *80 June-Dec _ 3%s series No. 30 Sinking Mortgage Bank _ 3%s series No. 29— Tslstyps Caldas Agricultural _ _— 3%s series No. 28 Exchange „ — June-Dec — _ 24 3%s series No. 82 *79% *79 *79% • June-Dec — 92 80 75% „ June-Dec - 3%s series No. 22 82 June-Dec _ High 79 74 1 ' June-Dec _ — 80 *79% • June-Dec 3%s series No. 21 Jan. 1 Low No. 94 80 Range Sine* Sold High *89 . _June-Dec __ _ Bo'nds Friday's or Bid & Asked — —June-Dec 17 18 3%s series No. — » June-Dec '• 16 3%s series No. 3%s series No. Foreign Securities June-Dec 15- 3%s series No. - Sale Price Low 3%s s'eries No. June-Dec — Last Period Exchange (continued)— 3%s series No. 1980 Week's Range Interest BONDS New York Stock Issue— Stock DECEMBER Friday Bands Bid & Asked, Low New r Week's Last 5,000 1950 2s •Bid and . Development 25-year 3s Dec 95 " V » 59% 33% 38 Va 29 The Commercial and Financial Chronicle 30 . . Monday, December 14, 1953 . (2326) NEW YORK BOND RECORD RANGE Friday Interest Sale Price New York Stock Exchange Consol assented A7s AChinese of A6s 1928 of 1927 June-Dec 1951 ' „ — 3s ext sinking fund dollar bonds 1970—April-Oct lAColombia Mortgage Bank 6'/as 1947 April-Oct SASinking fund 7s of 1926 due 1946 May-Nov SASinking fund 7s of 1927 due 1947-—Feb-Aug (City) 5s 1952————June-Dec 25-year gold 4V2s 1953— 1 May-Nov SACosta Rica (Republic of) 7s 1951 May -Nov Cuba (Republic of) 4%s external 1977 June-Dec 99% 6%) El Salvador 4s extl extl 3s AEstonia Great s f dollar f dollar s (Republic of) 1967 7s Consolidated Elec 100 Yi 7s 1st mtge A ser §A6%s 1944 82% Jan-July 1st & to 58% *13% A7s part paid part paid A 6s 161 % Feb-Awo 99% —Jan-July *97% 1960 to series A8ilesia 16% 6 '/2s 2 (Prov of) County "1 Electric loan — 68 *65 138 Va 154% — 10 Tokyo 98 12 98% 93 20% (City 64 60% 79 79 *__ 67% 58% 68 75 81 56% 73 Mar-Sept —Jen-July 1968 -- Jen-July (interest A — 64 April-Oct May-Nov 1962 — 38 15% 15 Va May-Nov 1962 external *15% 9% -- 8% 16 18% due §A5s 19 Va 93 98 44 46 53% 53% 14% 8% 16 *8 10 6 Va 11 98% 93% 94% 99 Jaw-July 98% Jen-July -— to 119% —Jen-July 1981 1961 extended 1961 sterling loan 17 119% 119% 1 103 68 % 8 71% 1952— 71% 57 % 1 1st mtge $ ser fls 1953 extended 1953 119 17 132% 133 June-Dec Jwwe-Dec — Credit Consortium 30-yr gtd 8 A 7s series Italian ext f s 13 3s for §A7s Works Public 52% Jaw-June 1977. 1947 52% 42% __ 53 76% 34 53 *90 Mar-Sept 89 7b Utility Institute— gtd ext s f 3s 1977 § AExternal gAItaly (Kingdom Japanese extl due AS'As 5'/2S of) (Imperial A6%s 0%s dire of '24 of 2 92 78 3 92 129 AExternal (State 86% Fcb-Aug Bank) • 29 79 16% 64 Va 2 81 16% 80 V2 May-Nov 1957—AwriZ-Oct 7s 107 10% fund 6s 1964 bond of 1937) readjustment conversion — 3%s external readjustment 81 AWarsaw AMedellin (Colombia) 30-year 3s Mexican $ 1 s 0%s bonds 1954 June-Dec 1970— 67 43% Jan-July 43% (1922 agreement) small 1943 §A4%s ANew assented ASnioll Mexico |A5s of (1942 1899 |A5s 99 91 97 Va 82 64 V4 82 *12% 14% 6% ~8% A5s oh 1945 ngreem't) 1945-_Quar-Jrm __ ui assented (1942 due A4s *17% (assented to (1942 agrec't) (assented to new 1922 assented Of 6s (1942 1913 *15-% 1963_Jan-Jw/y agree !,) (assented of) (1942 agrec't) to Stamped 14% — 16 ' — debentures 2%s 16 14% 16 to Plan 2.125%) sinking pursuant A 18% 18 % 17% 19 Va 75 90 52 53 Va Mar-Sept 34 1959__Mar-Sept "l 90 6%s fund Plan to 2 34 "53 2008 3%s __ 34 .34 Mar-Sept 34 11 101% 101% May-No» A5%s (30-yr) extended extl 102'% ..April-Oct 102 2 52 31% ' 54 35 100 Ann 102 k 101% 99% 102Va 99% A 102 —— 98% 95 Va loan to (Republic ANat loan extl ANat loan extl 102 1963 to Mar-Sept (30-yr) 1950 2.125%) 77 of) s external r f s (Republic P 71% 70% 77 17 69 of) 7s 105 __ 71 28 63 99% *100 *50 52 120 stamped Janeiro 31 38 *54% 57 48% 56% 54% 55 48% 56% 55 55 48% • to 1940 A|>ril-Oc< *8% 7% 7% *10 ~ April-Oct to 1950—Jaw-Julv 10% Jen-July Plan 6% 7% to 7% 1 I960 June-Dec 1977 April-Oct 11'/a 2.375%) Ohio to reduced A7s . 7» to external Stamped 2.5%). 2%) loan of pursuant to 1999^ Plan 38 April-Oct mortgage — — __ — 109 May-Now -- June-Dec 106 Mar-Sept — .Jan-July 103 Jaw-July T — 1966 *55% Feb-Aug Series G due Dec Series K due March Series 11% 37% 38 Ref and due M 1926 to 49% 38 36% 38 55 — 53% ' due , __ reduced to 2.25%) 2004 stamped pursuant to 1967 (Interest 61% 98 84% 92% 53 87'A 94 Va 87% 53 80'/a 89 35% 33% due Dec Lake 49'% 48 51 First 30% 30% 29 34% first April-Oct 94% 1975. April-Oct 100% 1975 fixed 101 108% 41 84 Va 8 84% 93% 57 97 '/a 104 Va 10 89 reduced jARome (City of) to 2.25%) 6%s 1952— For footnotes see page 33. *66% and 4%s Telephone *44 ..June-Dec *100% — 106% 101% 101% 103 103 96% 97 106 67% — 68% 48 ' 36% May-Nov 37 ref M 116y« 92% 95% 13 114 Va 123 35 116 125 116% 119 Va 96 30 100% 95 »A 47 101% 95 - 0 101% 90'A 95 10 98 101'A 1 77 83 '/a ■ 4 80 97% 92 101% 8 106 120% 2 100 Va 112% __ 14 21 99% 103% 103% 108'/a 97 102% 1 99% 104'A 20 93% 106 86% 97 85 89 % 36 83 95 67% 93 64 75% 6 86 96% 89 67% A 94 Va 94 95 4s 2010 1 scr A 82% 82% 83'2 57 79 88% 1985__Jan-Jwly 82 82 82% 7 75% 86% Jan-July series D 5s series Loan 91 91 91 4 86% 1980.Jan-July C 1960 Corp Steel 4%s Corp— debs 2%s debs 1973 Mar-Sept 1970 .Jan-July mortgage mortgage (The) Co Maine 2%s 107 5 91 95% 104% 104% 6 104 104% 19 88 94% 94 % — series J 1976 series K 1979 2%s debs 1981 3s 38% June-Dec *38 II *90 __ \ 111% 913A __ 92 *97% 100% — 93% *.)8 — 91 96'A 95'A 100 Va 98 RR— mortgage 5s series First mortgage 5s First 96 96 *94 Ja?i-July Mar-Sept 95% 95% May-Noi> 0 33% 93% 17 94 % 108% 108 April-Oct 1961.May-Nov ; mortgage 2%s series I & 85 72% 67% Consol Boston 85 72% 24 89'A Consol Borden 72% 46 May 48% 57% 66 76% June-Dec Feb 55 38 77 76% 75:% West 1976 Pa of Loan 561% 42 96% 102 76 Virginia— 1980 1 May-No?j 1995 First *38 92 76 77 76% 43 % A 29 RR— conv Beneficial 34% *55 95 100% Mar-Sept 53 *54% 94% 100 Mar-Sept 1996 Consol Jwwe-Dec -April-Oct 115% 115% 108% 109 2000 mortgage 5'/» Industrial Bethlehem June-Dec 2004 94 94 100% 100% 79 79 79% 100% 100% I 1 % % conting int) division— Aroostook mtge 1 income series 4s div lien Bangor & Bell 1 Erie & (3V2% fixed & 38 (interest Plan 87% (4 % 1995 1 March Beneficial April-Oct 1966— A 69 291 91% 93_4 91% 92% general mortgage 6% (2%% 3%% contingent interest)— S'western 1st June-Dec Plan 86 Va and Pittsburgh (interest 2012 76% Refunding and general mortgage 5% (2% fixed and 3% contingent Interest) — Toledo-Cincinnati *31 A July series B 5% 1% contingent interest) July 14 (interest . A 94'A 100 98 RR— 11 Va (interest sinking fund gold 1968 pursuant 105 Ry— debentures mortgage 4s series and Refunding April-Oct A 94 100% Mar-Sept 1962 1972 6'A 8 % *37% Jaw-Julv 1953— Plan 99 %. May-Nov Line 8 10% A 2001 A & A4%s convertible 8s 1946 Plan 112% Quar-Jaw 1995 debs 1963.. 4'As ser C Series J Plan 100 181 1995 Air 5% 7% 10% 8 fan-July 2006 —r April-Oct jnly 86 4 Fe— 14 Va 11 13 A 2001 2.25% ) to to Santa First fixed 2.375%) (City or) pursuant external 9.3 1,774 — Stamped 91% 93'% April-Oct July First 56'% reduced to. 2%) 2012— —Feb-Awp Rio Grande do Sill (State of) |A8s external loan of 1921 1946— April-Oct Stamped pursuant to Plan a (interest A6s 78 64% 93 s96 100 77 78% 63% 64% 99 100'% 98% 99% 99 100 i960 3%s Refining 2%s Baltimore 55 to pursuant reduced 93 -- 100 B 38% 54% sAExternal secured 6%s Stamped 17 54 *32% I960—June-Dec pursuant (interest reduced de 48 104% 100 Va 1961—April-Oct 6s mtge 103'A 102.4 104 117% 119% Coast Line RR 4%s A 1964 Gen mortgage 4%s-4s ser A 1980 Atlantic series to 4s 97% 102 104 99% 98Va 1995 4s 98 Va 119% Apiil-Oci Feb-Aug 72% series gold 4s 5s Charlotte & 95 3 4 Corp— gold & 20 1962—April-Oct 3s 1977 Investment Topelca 80 104 % 102 -- Mar-Sept _ mortgage 3%s Gen Mar-Sept 1959 1968 reduced reduced 97% 103% 104% 97 ,4 98 ,4 99 Va 97 % June-Dec debentures Nitrate first 8tamped 77 1st (City of)—. stamped pursuant Stamped 103% 70'A 55 94% 118 119% 1965 Products Co W Atlanta Aiegre IARlo Arbor Atchison 130% Mnr-Sepf § A External sinking fund gold 8s A4%s assented 19G3 1966 4 104 % 105% 94 '/a 41 102% 1903 1969 debentures General Va 2nd 6s 6s assented 76 *117% __May-No?; 2008 115% *127% 130% Mar-Sept A4%s 1961 99 101 Va 96 Jan-July Co 78% 102 1 -- -- -- — Atl 1953 assented 1958— -April-Oct IAStabllization loan sink fund 7s 1947—April-Ocf (Interest -- 10- Feb-Aug . debentures debs conv Associates 99 100% *98 due 1958 extended to 1968 Muy-Nop (City) sinking fund 4%s 1955 April-Oct lAPernambuco (Slate of) 7s 1947 Mar-Sept Stamped pursuant to Plan A (interest A4%s a 100 *100 19*101 99 June-Dec \ mortgage 4s (reg only) Anheuser-Busch Inc 3%s debs 99% *101% 102% 5%s lAPoland 99 June-Dec 1st 3 102'% *101% 102 Fcb-Aug Oslo reduced — 111% 112% 91% 91% 92% 92% «102% 102% 94 94% 117% 118 119% 119% June-Dec debs .1964 debentures 3s First 1953 — April-Oct 1973. convertible conv Anglo-Lautaro 13 100% 101 Mar-Sept —Jan-July 1961 1987 debentures 3V»s 36 Va Development Co Ltd— loan 1986 1982 debentures 3%s (interest A 2008 sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s 1970—Juwc-Dec 7%s debentures 3%s (Interest 3'/2S 6s due -Feb-Aug 2%s debentures 1971 13% 90 _ extl Jaw-June April-Oct 2%s convertible debentures 19 "53 (Kingdom of) 3%s 1957 (Kingdom of) 4%s 1956 sinking fund 4%s 1905 sinking fund external loan 1963 §A6s -- Co.— 1975 2%s debentures *18% .April-Oct External ; Junior debentures 1987 Telephone & Telegraph debentures 1980 American Tobacco Netherlands Oriental Jwwe-Dec 1966 American 3%s l958__Mar-Sept Norway 8s 4.80s _9% 2%s 1963_Jan-J«Jw 1952 reduced to 2.125%) Porto 8% — sinking fund 6%s Stamped pursuant APeru "7 9% Jan-July 6%s (Stale) extl ex'l debentures Corp 3%s s f debs 1964—May-Now American & Foreign Power deb 5s 2030_—Mar-Sept *18% reduced May-Nov Bosch 3s 66% 10% 129% Ltd— 1970— Airlines American — (City ASecured American 1922 to 1933 assented Geraes A Seen red debentures 111 1 14% INDUSTRIAL COMPANIES AND 1967 2%s *15% new Canada of Co 3%s mortgage 3%s 1972 — ASmall § A Milan 17% 17 % law-July agreement) § ASmall A6s 3%s agree¬ ASmall lATreasury Southern 2%s 9% 1908—Jan-July ment) 1945 § ASmall A4s 15% June-Dec assented 1910 17 Va 16% 17% — Aluminum 1922 agrec't) 1954 of *17% — _ 1904 new |A4s 16% *17% 19G3.Jan-July agree'!,) ALarge of Great 6% 78% *77% June-Dec 1971 May-No?; Jaw-July Albany & Susquehanna RR 4%s 1975——April-Oct Allegheny Corp debs 5s ser A 1962 May-Noa Alleghany & Western 1st gtd 4s 1998 April-Oct Allied Chemical & Dye 3%s debs 1978 April-Oct Allis-Chahners Mig 2s debentures 1956—Mar-Sept Aluminum Co of America 3%s 1964 :—Feb-Aug — A Small A4s Alabama — Qtiar-Jan (1922 to 8 5 7 129% 129% —June-Dec 1961 *26 of 1901 extended RAILROAD 9 Va — due assented new loan extl "5% 9 Va 10 § A Large 4s A6s of»— Alabama Power first § ASmall . 44% (City — '9% 1999..J en-July § A Large 8 ASmall j Yokohama 6s due —— agreem't) 97 *70 Valley (Dept of) (City) external 7s 1958 Fcb-Aug 1958 Fcb-Aug 1943—May-Nop 1968 (Republic Mlnas 41 Va 14 70 V» Irrigation— |A4%s assented 89% *98% A4V2S assented *69 92 83 3 88 97 Valle Del Cauca See Cauca 17% 83% 32 88 Jen-July 1984 148 *91 37/«-4%-4,r;.s external conversion 1978—.June-Dec 4-4%-4Vas external readjustments 1978—Fcb-Aug 89 127% . 82 90 % 90 May-Nov May-Nov 1979 100 164 Va 148 " — 1979 78 159% 164 Va 1946—Feb-Awy May-Nov May-Nov (dollar External < 144% 77% 4 87 *127 May-Nov 1975 to 144% 144% Fcb-Aug 1964 1905 Mlge sinking 3%-4-4%s 95 7 99% 99% Mar-Sept 1955 to 148% *160 Mar-Sept 1945 extended (Republic) external 8s sinking fund 6s 1960 External to '30 extended 1965 92 l.?54 extended Joan AJugoslavia June-Dec 1951 7s 91 Va Govt)— loan 1954 extl Jan-July *90 5 4 '/a 80 53 43 15 53% Jan-June 1952 7s mtge s f 1945 AExternal Public 30-yr 1st due lAUruguay 133 69% 28 78% 77 78 UJlgawa Electric Power Co Ltd— Italian 57 Va 54 —__ . 1963 to 72% 49 49 *55% 1952 coupon on__ 120% 64% 6 37% April-Oct ...Mar-Sept 1971 to '12 of 70 Va 106% *119 April-Oct Va 119% 60 68 68 Tokyo Electric Light Co I.td— 5A6s 52% 53 ...Jaw-June *13 Ltd— Co '27 of 88 80 83 87 % 141 Va Jwwe-Dec 1958 1957 1971 extended § A With March 1 1 * .June-Dec 16% 127% 16 *141% 145 June-Dec 16% 9% Jwwe-Dec 7s 3%s Power loan 91 73 *62% of)— A5%s extl 79 (interest 1958 f 57 84 Jen-July c A Plan to external s 69 49 63 56 Jen-July 2004--— Council A5%s (40-yr) 5V2S due 1971 100 96 58% 69 A 1956 Plan to secured B 76 (interest A 1999 loan external Sydney 149%, 160% __ 99% 97 April-Oct 1960 Plan 1999 Plan 2.25%) A4V2S assented ; 19% 19 18 18 Feb-A up 1968 to §A6V28 1st mtge s f 1952—.; 6V2s due 1952 extended to 1962— 8V2S 19'/, May-No?) 1964 Helsingfors (City) external Italian (Republic)— 30-year ext s f 3s 1977 58% 10% — — 65% 55 "2 58% *155% Jan-July 1950 6%s due 1950 extended Greek Government— A7s 82 % 62 82% 66 *65 Feb-Aug 1954 2.5%) dollar secured 69 .May-Nov to Taiwan 1944 A mtge gen 82 3 Power— series extended 69 Jan-July pursuant A8s 101% 91% 5 100% May-Nov .• 2.5%) to water external High 49% 60% *__ 1957 2%) 2012 Serbs Croats &: Slovenes (Kingdom)-— 102 100 to pursuant to Low 8hinyet.su Electric Power Co Ltd— * § A7s A6s 42 29 V2 39 *36 1976 1 Stamped 44% 41% ' — *100% 100% Jaw-July 1976 Jaw-July 1976—Jai-July Jan ,A7s external 117 reduced 1 l bonds Jan bonds to Jan. 1 No. (interest A pursuant pursuant Stamped (Republic s 3%s extl 44 Plan 2012 reduced reduced 42% 37% 111% *43 Vo 1960 of)— f dollar bonds Jan 16 L95 , High — stamped Stamped 100 Va 42% (State of) 1936 (interest Range Since Sold 75 May-Nov sinking fund 2% ) to reduced (interest to extended 2001 to Bonds Friday's or Bid & Asked (interest A S A8s external 1950.. 101 113 V4 42% 112 reduced to April-Oct Denmark (Kingdom of) extl 5'/2S 1955 Feb-And External gold 4%s 1962 April-Oct Stamped Assented 93 88% 3 99Va 99 42% 113 Paulo 8s 62 63 Va 90 Va 15 99% 98% Jan-July 1978 Ban 54 Va 62 93 (Dept of)— 30-year 3s sinking fund $ bonds Czechoslovakia (State)— Plan pursuant reduced 62 SACopenhagen Cundinamarca 100 49'/a __ Sale Price May-Nov to 2.375%) to Stamped 103 Va 98% ' 18 52 % 52% 52%. — Last Period 1952 8s AeVas extl secured Jaw-July 1961 Jan (City) pursuant reduced 8 98% . _ April-Opt 1961 Oct Paulo Stamped 37 Va 4% 2 6'2 Interest Exchange Low §ASao 61% 55% 35% 6V2 New York Stock High Low Vo. High Week's Range Friday *38 Mar-Sept * (Hukuang Ry) 5s (Republic of)— Colombia A 6s I960. 11 BONDS Jan. 1 *60% Mar-Sept I960— Municipal 7s DECEMBER ENDED Range Since Sold Bid & Asked Low A Chilean WEEK Bonds Friday's or Last Period BONDS FOR Week's Range AC 1967 .Mar-Sept CO O -•f 0 series II 1955 37 First mortgage April-Oct Jen-July 75 90 y4 AInc mortgage 4%s series A July 1970. May-Noc mortgage -4%s series JJ 1961 4s series RR 1960 99 100% May-Noa 35% 77 81 75% 75 3 4 4 73'A 82% 101 77 70% 70% 71% 45 70 77% 57 56% 51 43 55 62 Va Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2327) 31 NEW YORK BOND RECORD RANGE Friday BONDS Interest Last Period Sale Price New York Stock Exchange or General mortgage 2%s 1976 Jan-July 1st mortgage 3s 1980 Brown Shoe Co 3'/as debs 1971 Buffalo Niagara Elec first Bid & Asked Rochester & Bush Terminal Buildings A5s general Jan. 1 No. Lou) 96% 99'% 3 96% 12 83% 96'% May-Nov *93% 94% 96% 103% 103 % Jan-July *80% 827 98 103% 76% b Electric Canadian first consol Guaranteed 1976 3s June-Dec *91 May-ZVow $93 1974 gtd 5s A 1962 April-Oct Guaranteed 4% 4'%s gold 4s 1957 4'%s 106% 106 106 f Carolina 107 106% 28 104% 103'% 104% 104% Feb-Aug 12 103% 52 97% I) Co Jan-July 102'/a Ohio 4s debs Mar-Sept 1965 3'As $97 104% 104% 105 3'/4S debentures (1947 of Georgia First 1905— 95% 92 % April-Oct *_- II 91% 1900 96% 98 98 June-Dec *93 1995 Jan-July 80 % Jan 1 2020 May *84% Jan 1 2020 May 681 Central Pacific First 1987 Power mortgage 3s Jan-JnZw 1974 3%'s series 3%s General 4'/2s Refund and A 1974 1908 1996—May-ZVow and iinpt M 3%s series E and iinpt M 3%s series A div first General consol gold consolidated 4s First ami First and 1st & ret & 4s gold 91% 81 5s 1997 81 75% series 62% 98'A 108% 97 % 89 11 89% 2003 Ry & 99 % 99'A 101 % J *92% 94 93 % *93% 80 112 mtge 4%s 1st 2%s .Jan-July Jan-July I00:t4 series E G 1% Gen I960 |969_ 74 103% 84% 117 23 78% 95 10 72 85% 72 % Chic St & 24 9 99 102 66 % 55% 56 92% 27 111 55% 54% 55% 147 54% 9 72% 88% 96% 70% 70 71 11 70 67% 67% 20 66% 78 100 16 101 95% 103% 6 93% 1 101% 106% 33 89% 95% 91 93% 99% 94'% 95 102 93% April-Oct 1966 8 98% 98'% 86 103% 96% 36 92% 100% 104 % 37 86% 96 % 92 96 96 99 93% *90 97% June-Dec 21 98 *82 June-Dec June-Dec *101'% 78 88 100 88 104 — 70 % 71 91 69'A 79% 62 62% 13 61% 69 90% 90% 2 88 92% 100% 100% 40 Short Colorado Fuel 4%s Columbia Iron debs conv Gas debentures 3s debentures 3%s & A B C ser 1961—April-Oct 103% 103 103% 11 100 100 100'% 6 first Edison 1975-. 99 105% 101% 97% 94% 94 96 90 103'A 5 97 Feb-Aug 95% 95% 10 April-Oct 99% 99% 4 92'A 100' 1970—May-Sept 99% 99% 3 93'A 100% 102% 102% . Elec 3Vis external 4s 1955 Feb-Aug 91 97% Co- 3s series mortgage 3s series N I< 19771978 debentures Feb-Aug 98 98 % 22 97 97% 5 90 92% 92 93'% 4 86 97 % 89% 89 89 % 7 8 2'A 91% 90 91% 4 81% 92% June-Dec 1999 lien Light, Co 2%s s f debentures 1999 April-Oct ApriZ-Oct 2%s f debentures 2001 April-Oct 90% 99% 99% Compania Salitrera—See 100 —» 99% 96 95 102% 9s % 100 V8 22 97 101% 85 91V* 5 71 83% 88 % 88% 1 86 91 86% 86% 2 84 *82 'A 99 *88 II 90 80 — 87 V* 91'A 83 *96 98 II mrnmm 94% — 94% 1 100% 101 % 7 95'/a 102% 93'A 93% 11 86% 94 V* 997/b 99% 14 94'% 100'% 99 98% 99 Va 35 92'% 100'% 91% 91% 91% 13 85'/a Mar-Sept 91 91 20 91 May-ZVow *103'% Jan-July 1993— June-Dec I 1982—May-Sept . 1988 M 3'As El 'V:;' E & Georgia Paso ! •- 146 68 71 71 103 104 *83 100'A 10 76 — 95% 5 93% 101% 102'A 191 94% 95% 102 92 - — 38 88 95% 92% 103% 92'% 15 91 93 92 92 4 92 *99'% Tire &• Rubber 3'As1 debentures 1st 92 102% 103 103% 105 Va 134 __ 103% 103 7/a *141% *__ — 135 97 101'A 108% 108% 104 14 105 7/a 73 74 *_. 74 99 70 60 103 109% 109 % *81 — — 101 May-Nov 95 Va Jail-July -—j— 1977 100 May-Nov — 1959 101% June-Dec 1974—Mar-Sept first Coast & Denver 4%s mortgage 94% 83% 76 82 Va 93% 99 81% — — 4%s Co— lty - 97% 96% 95'% 100 ~5 89 23 94% ltO'A _ — 97'% 101% 95'/a 102% 102 83'A 98% 100'A 54 104 V* - May-No? 102'% :Jan-July 1982 96% 103'% 104 — „ GFoods General I < 3%s debs Corp 1976 General Motors Acceptance Corp-*— 4s debentures A4s Realty conv Goodrich (B & F) General 4%s Co tirsl mtge 103 % 103»% 103% 131 101 104 103'A 102% 103 »A 168 101'A 103'A 93 % 93 Va 6 93 3 95 108'/a 116% 6 102 112% *.Jan-July Jan-July 97% 3%s mortgage 111 *85% mortgage 3%s seiies O 2000 General mortgage 2%s series P 1982 Mobile & Ohio General 84 % 74 % 93% *70% 21 Feb B 98 111 refunding 4s series B *100 Jan-July April Firijt and refunding 3%s series D 1969-April-Oct General mtge inc 4s series B Jan 2044 April Collateral trust 3%s 1968 Jan-July Gulf States Utilities 2%s 1st mtge 1976—May-Nov First mortgage 3s 1978 April-Oct 3s debentures 1969 _Jan-July First mortgage 2%s 1970 June-Dec First mortgage 2%s 1980__.. —June-Dec 1st mortgage 3%s 1981— May-ZVow 1st mortgage 3%s 1982 June-Dec 80 77% 90 15 76 85% 74 % 7 93% 15 88'A 91 69% 21% 89% 76 *96% 90% — *98 76 96% 83% 1 100% 21% 101% 91% 95 102 72 14 82 97% — 92 90% 4 97% 84'A — 90% 96'A 75 12 51 101 89 % 76% 91'/a 73'A 80 *99 % 100 76 89% 10 84% RR— 1975 mLge inc 5s series A July 2015 and First certificates 111 88 N series General A Debenture 97% *116% 128% 1990—Jau-July Jau-July Jan-July General mortgage 2%s, series Q 2010—__Jan-July General mortgage 2'As series R 1961—Jau-July AGrcen Buy & West debentures ctfs A ——Feb Geneial c1 13 o1 L" 1 — *101 103'% 1 1tfc CO t 102 % 1 Anglo-Lautaro Nitrate Conn Power River Consolidated Consolidated 3%s series A 1961 Feb-Aug 102 102% 101% (now 3%%) Edison of H 104 % Hackensack Cigar Corp— Debentures 1965— New *91'% April-Oct 90% — 100'A York— Water first 89% iS76__Mar-Sept 2%s *115 Ry First and refund mtge 2%s ser A 1982 Mar-Sept 91 91% 29 83% 93% 3%s debentures and refund mtge 2%s ser B l977_Apri/-Oct 90'% 90% 26 84% 91% 4Ves debentures 1968 First and refund mtge C I972_.7uue-Dec 94% 94% 3 91 95% Mar-Sept Mar-Sept 1958 First , mtge first 4%s 1999——Jan-July Household Finance Corp 2%s 1970— Jan-July Valley Hocking 90'% 89% 86% 5 90% 90 106 13 117% 89 116 95% 104 104 2 103'/a 104'A 107 107 2 107 107 155'% 158 55 Houston 2%s ser First and refunding 3s series D First and refund and First refund mtge M 3%s ser G 1st & ref 1st & ref M 1st & ref 3s mtge M 3%s ser H is 3s ser 1981 May-Nov 1982 Mar-Sept 3%s seiies I convertible debentures Consolidated Gas Co of General Gas 2%s El Lt 1st ref 1st ref M 2%s ser U 1st ref 1st ref M 3%s M mtge conv s 3%s debs ser 1983— 1963 T 1954 & June-Dec 98 % 98'% 96 95% 96 *95% 166 93% 99% 93 99% 89% 10 1 99% 92% 102% 95 13' 102'% 103% 103% 166 6 97% 99% 100 *__ 13 104% 140 166 Hudson A & Manhattan Adjusted first 100% 102% income 5s Feb June-Dec 33 158 90% 52 83 A 51 51 'A 97 51 64% 1957 April-Oct 18% 17% 19 192 17% 31% 93 92% 9 3'/a 75 85 7% 93% 97 97'% 6 92% 99% 94% 97% 5s First Bell Telephone 2%s series A mortgage 3s series B 1978 Central 1981—Jau-July ..^.June-Dec — RR— 107 107 10 104'A 107% 137 102'% 120% Debenture *96% Consol mortgage 4%s-3%s *96% Consol mortgage 94% 94% 10 89% 96 April-Oct Jan-July 93% 94'% 12 88 98 93 93 105 I Illinois 117% 118 (Bait) — 158 88 51% ser A 1979—May-ZVow 5%s-3%s series B 1979_May-ZVow Consol mortgage 3%s series C 1974 May-Nou Consol mortgage 3%s series E 1982 Feb-Aug Refunding 4s 1955 May-ZVow Refunding 5s 1955 May-ZVow — 121% 90 % A June-Dec 1986 — 1962_June-Dec '1957 Feb-Aug Coal first sink fund 5s ser June-Dec 1983 1967 rnr footnotes see paee *100'% Jan-July 1981 Y Hudson 105 96% Lighting & Power.Co— 3'As '(conv after 7-1-53) 1967— Illinois ^-ApriZ-Oct Power 1976 f 2%s ser X ser Feb-Aug .. Bait City— mortgage 4%s Consolidated 1972—May-ZVow 197S_Jau-July F 1981——Feb-Aug series E 94% — 4%s 1966 )'* 99% 2%s 1965—May-Nov 1976— 1) in 97% 93% * 1973 seiies 104'A —Mar-Sept 1969 debentures series C 5s 98 Jan-July — 1961- income General 12 Utilities Corp— Northern Ry Co— Great 104'/a . Mar-Sept 1958 debentures General h i ' 1961 3s-debs 1972 refunding 5s series A East 81% 94% 76% __ *83 mtge debentures Worth 967/a 93% F Fort 84 109 93% 3%s series G 2000— Jan-July Ohio Division first mortgage 3'As 1971—Mar-Sept' JFlorida 104% Co^— consul 2%s, ' 73 75 ApriZ-Oct Mtge inc 4%s ser A Jan 2015_. April First consol mortgage 3'As series E 1964-April-Oct First consol mtge 3%s series F 1990—Jau-July First 121% 75 i) General * 104 ApriZ-Oct 1965 5s 1965 Railroad Erie first 8 146 ' div Southwestern & 107 *68 111 stumped 100% Mar-Sept 1983— -V Va Mar-Sen/. 1982 91 5 146 Feb-Aug April-Oct Feb-Aug 1977 94 V* 104% *68 June-Dec 1995 4s 95% — 106% 106% May-Nov 1958 gold 2%s 3%s Gulf mortgage s 93% 98% 97% June-Dec 1977 Ohio fund ...June-Dec 4'/2s 1975 First sinking 100 92% June-Dec First 3s 93 *93 Inc— series Columbus & Toledo 102% *96 Jan-July . series South Commonwealth 1986— 1966 debentures 95% June-Dec Mar-Sept 1970 3s 1985 Corp— System 3s Columbus trust 4s I.ine first gtd & Jan-July 1990_May-ZVow 1982. 3%s mortgage Cleveland coll 1st 4s Illuminating 3s 2%s First Div 101 —— 5 1995 mortgage 3%s Ry— 98% 94 .' —— 98 74% Jan-July 1970 debentures first 4s 98% 19 94 % 94% June-Dec 1961 94% 101'A 103'% 103% 98'/4 103% Jan-July Louis 1 102 __ 98 93 1 2%h series 100 99% 105 % 105 % 99'% 62 mortgage El 78% 67% • 95% „ ... __ 90 first 5s 1956._May-ZVow (N Y) first cons gold 5s 1995_Jun-J?tZy Elgin Juliet.-& Eastern Ry 3'As 197(1M«r-Sept 96% 71 mortgage gold mortgage 5s 1977—Jan-July First Mack & Edison 77% *__ — 87 6 74% April 3%s series mLge ' 64 72 Vb 1991 First ref East Tenn 67 % & Mich Electric — 89 fixed (3% refund 1st 80% iinpt 4'/2s series E Cleveland 34 93% May-Nov mortgage 2%s 1979 mortgage 2%s 1980—.. 99% 65'A Refunding and first and & 1st 72% 105'/2 100% 1973__May-Nov ref & 1st, 71 Cincinnati St Louis Division 24 25% ■ 98% June-Dec June-Dec Detroit, Terminal & Tunnel 4%s 1961 May-Nov Detroit Tol & Ronton RR 2%s ser B 1976_Mar-Sept Dow Chemical 2.35s debentures 1961 May-ZVow 3s subordinate debs 1982 Jan-July 58 97% 65 % 54% ..Jan-July General gold 4s 1993 General 5s series B 1993 Wab 34% .. Co— 2018 contingent interest) Second 61% 100% 100% *96% Feb-Aug 1977 City Investing Co 4s dbbentures interest convertible 3s 1 Feb-4ug - debs 1 s Cincinnati 35 25% __ RR— 77 — 59 % 1975.ApriZ-Oct 1974 City Ice & Fuel 2;,/4S debentures Cleveland 26 __ (3% A Gen 61 % 65'A 55'/2 Western Detroit Edison 3s series II Firestone May-Nov Corp 2%s 1959-., 3s 28 % *99% 101% 1985—i 3 1985 97% 72 % A tr 5s ser mortgage AFlr.sl and mortgage Co 25 % Div 2042 1 May 96% Jan-July First Finnncial mtge & coll Income Ry— mtge 2%s trust 4-6s 90 Terminal— debentures 27% division 1st 1978— 2%s & 88 % 82% April 1999—April 1982 A ser mortgage, gtd 3%s series T 21'A May 21 — 94 110 58 ..Jan-July First 4s 13 Denver & Salt Lake— 105% 72 61 Jan-July 1963 Cities Service 40 2174 *96 due 1993 mtge 2%s ser J 1985 Gen & ref 3%s ser K 1976 100 78% Jau-July Southeastern mortgage 2%s series G C I 31% *93'A May-Nov RR Wetesrn & refund M 5s series C contingent RR— 1980 & First Union 97 17 *94 1963 Western fixed 1% contingent Interest) 1993 Income mortgage series A (4%% 112% 99 — Chicago & Western Indiana RR Co-a Cincinnati and First mortgage series 104% April 1956 4s Pacific extended 4s Essex 1st 100'A 9 Station- mortgage 101% 34 Vb *93'A __ Jan-July Lackawanna mortgage 100% 97 19 1983 Jan A Gas & Elec Hudson York Duquesne Jan 1963 Cincinnati 103% 96% Pennsylvania Division— 120% 6 April A mortgage"3'/«s series F trust 100 '/2 93'A Feb-Aug 1977 debentures Collateral 99% 15 Jan-July A ser First colt 100 91 April-Oct Denver & Rio Grande 77% refu.'iding mtge 2%s-4'A» i994_Jau-July 2%s-4'As 1994 Jan-July Union 96% 101 June-Dec 1965-, 1965 103 96 — 80 2038 1982 2%s debentures Co 98 51 90'A — 77 First and Chicago 20 105% 937% 101% *24 June-Dec 1978 100 121 79% 1988 1 Western Ry— mortgage conv inc 4 "2s Jan Income 10 89% 103'A — *28% —Jan-July A 102 52% *117 April mortgage 3.7 series B J 989 Chicago Rock Island & Pacilic RR— ser II * 1975—April-Oct 2%s Union Ry.3'As series B First 90 62 May-Nov A ser Paul Haute 31 21% Jan-July 1978 A In come 85 11 __ 68 % May-Nov 1985. 1982 4s First 2Ti»s 3'As 98 Chicago & North mlge mortgage & New 98% 75 45 mortgage 4s series A 1994 Jan-July General mortgage 4'/2s inc ser A Jan 2019—April 4'/2s conv increased series 13 Jan 1 2044 -April Chicago Terre 3s series Detroit inc Milwaukee SI. 3s mortgage 3Vbs 105 15 104% 104% Feb-Aug _ inc mortgage 4'%s Second 1970 June-Dec mortgage General 5s conv inc mtge 4 '%s Jan 4s 33 June-Dec & RR— mortgage Inc mortgage First 1970—_ Lackawanna & 97 * Juu-July First 1st B Delaware *103 /au-July 1989 Mar-Sept Chicago Indiana & Southern 1st ser 4s . 30 First Chicago Indianapolis & Louisville Ry— ■ ref Delaware 96 % 97 1989 4s mortgage 3%s series B Chicago & 98% 103% 104 97 104 mtge 3s 1990 AGeneral 42 *91 June-Dec lien Deere Quincy RR— Chicago & Erie 1st gold Chicago Great Western A 2nd 1970-—— 101% 116% 116% 1996—Feb-A ng 1958 Chicago & Eastern 111 A 1st A 97% *96% 1973—June-Dec II refunding mortgage 3>/us 1985—Feb-Aug refunding mortgage 2%s 1970—Feb-Aug AGeneral 11% 95% 107 •«.. . ser June 4s 100 Feb-Aug Mar-Sept Refund First . ref. 4s 100% *97% Jau-July 1992 Refund Second 11'A *99'A May-Nov 1st mtge & coll tr 4%s ser May-Nov Delaware Power & LighL 3s 1973— .^-April-Oct First mortgage and coll trust 3%s 1977.June-Dec First mortgage and coll trust 2%s 1979_Jan-JuZy 1st mtge & coll trust 2%s 1980 Mar-Sept a 51% i/a Feb-Aug 1965 iinpt M 3'/2s series D Chicago Burlington 106% 95 June-Dec *97 51 ApriZ-Oct B series Champion Paper & Fibre deb 3s Chesapeake & Ohio Ry— & ... 1970 & 98 Ry Co— and refund First ; 96 J— mortgage' 3%s York 103% __ *— mortgage 91 II A New 102% '100 lien 12 98 II mortgage 4 '%s series Central April-Oct (1942 series) Morris gold 4s 1948 mortgage 4 '/2s series B N High 100% 95'/4 Ry— First lty— of 1965 May-Nov 3'/as 1966 May-Nov 1977 1st mtge 2 96'% Feb-Aug Feb-Aup AGen RR Co Low 102 % '106 AImp & equip 4s 1970 98% AGen General 11'A 95% Jan-July Jan-July 1976 Dayton Power & Lt first mtge 106% *94% April-Oct issue) 1st 101% 69 *62% I960 mortgage 4s series A Central debs mortgage 4s Dayton " § A Central Branch U P Central Jan. 1 No. 95% *106% Mar-Sept A 1st 99 69 Feb-Aug debentures 94 60 June-Dec 1978 Corp 3s debentures debentures 1976 ; Corp 90 Mar-Sept Celanese 3'%s s debs First & 3'%s Range Since Sold 99% *101 April-Oct A 1st 106'% 102 % 103Vb Bonds D (perpetual) I960 A Clinch field Celotex 3'As Cuba RR— 106% *98'A 1975- mtge 2%s Baking 3s debentures Northern A 1st 107% 1 106 June-Dec Carthage & Adirondack Ry— First mortgage guaranteed 4s 1981 R 103% 10 95% Airlines Inc— (J Co Hiah Cuba— 1983 Crane 104% 104% ..Jan-July 1956.: lty— debenture debs series Case first 3%s Pacific consol Capital of 3'As 97 ApriZ-Oct A 1st Guaranteed gold 4%s 1955 Canadian S Power Continental. Can Ry— gold U Continental 85'% 1968 (stpd as to payment dollars) 2001- 101 89'% 92% Friday's Bid & Asked debs mortgage Cuba Power National in 1st Railroads inc cum Crucible Steel Co of Am California Oregon Power 3'/as Canada Southern 3s 107% 86 2%s May-Nov Consolidated • c California Week's Range or June-Dec 94% 90 debentures Gas 1976 A 81 % Natural 3%s debentures 1978 102 89 35 *100% 100% April-Oct 1960 income 1982 mtge 87% 87 87 Jon-July 5s gld 3'As 94'% 99 Sale Price Low Consolidated 104 % 92% .II *100 'Last Period High 102 % 91% Interest New York Stock Exchange Consumers 1 11 Friday Sold 99% 101 921/4 23/»s 1975_May-Nov DECEMBER BONDS Pittsburgh Rv— Stamped modified 4'/2s 1957 Bush Terminal Co Cons 5s 1955 ENDED Range Since Jon-July .mtge Buffalo High *98% Jan-July WEEK Bands Friday's Lew Bristol-Myers Co 3s debentures 1968 Apri2-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept FOR Week's Range Feb-Aug — 98% 98 % 98% 94% 96% V 95% 100% w3 >' 103'A 104'A 105% 105% 1 105'/a 107 1021J 102 & 32 100 104% *96% „ 99% 100'A 104 102' 104 — 18 • n i t The Commercial and Financial Chronicle 32 .. (2328) . Monday, December 14, 1953 NEW YORK BOND RECORD RANGE Friday Interest Last Period BONDS Sale Price New York Stock Exchange or Ry 4s Mar-Sept mortgage 3.20s series I 1982 {International Great Northern RR— 1st gAFirst 6s series §AAdjustment AFirst AFirst gold Minerals 3%s 1978. 74% 75 32 97% 62 Orleans Terminal AFirst AFirst 79 100% 100 34 94% 107 70% 2 70% 100 99% 1st Mich & City 1st mtge 2%s 87% 85% 94% 4s ser mortgage 3%s series B Kansas City Terminal Ry 2%s Central Kentucky & Indiana Stamped 1961 Plain 1961 mtge 1st 94% 91 95 .—June-Dec 1968 1974 "90 104'A ...June-Dec April-Oct 4%s Terminal 100% 51 103'/8 104% 98 "96% 95 __ 104% "105% 1961—Jan-July 50 7 Jan-July 47% 51% 8 98 "98'A Jan-July — -I 91 y8 97 95 104 102 99% 97 97 unguaranteed 1961 104% 103 62% 63% 235 62% 72% 68'A 68% 134 67% 78 75% 75'A 75% 119 74% 86% 73'/a 74 1998— A Hudson River RR— Central & Y Jan-July Jan-July mortgage York 111% N 53% 71% 10 68 74 60% 21 57% 58 58 5 55% 66% 64% 59% 59% 60 % 23 57% 66 5b 58 58 15 56 64% 93% 94'A 19 92 98% | 86'A 13 82 87 96 100 86 86 395 New 1973 B & refunding Harlem mtge & 77% May-Nov "82% "95 Kings County Elec Lt & Power 6s 1997 April-Oct Co 1st mtge 3s. 1964-____ —Aprd-Oct {AKreuger & Toll 5s certificates 1959—Mar-Sept "150 Koppers 99 % — — ' 4s 83% 89 86% 82 95 77% 72 79% 84 80 83% 75% 86 2007._Jan-July A ser 67% 66% 67% 93 65% 2022—May 57% 57% 58% 158 54% 100 it 100IB 4 100% 175 99% 1% 150 161 9 96 100% 4 99% 1% 1 3% . AGeneral N Y 1st Dock 3 Vis & RR Terminal— sink mtge fund registered Lehigh 3A N 1968____June-Dec A ser & Mich South 1997 June-Dec Navigation Co— 3Vis ser A Lehigh Valley Coal Co— Coal ref & 1st mortgage 5s stamped 5s ref & 87% 78 83 11 85 96% 6 83 "81% -- 55 93 — & Sinking fund 1st 79 "83% 1970.April-Oct 1964_— stamped 89% 65 ....Feb-Aug Feb-Aug 1974 89 65 "53 56 — 48 87% Feb-Aug 84% 84% 85% 7 80 Va 93% Lehigh Valley Railway Co IN Y)— 1st mortgage 4lis extended to 1974__t,_Jan-July 83% 83% 83% 8 78 91% — -- Lehigh Valley Harbor Term Ry— 1st mortgage extended 5s to Valley RR gen consol Lehigh Series fixed 4s A 1984 May-Nov 'Series B 4Vis fixed interest 2003 May-Nov Series C 5s fixed interest 2003.._! May-Flow ASeries D 4s contingent interest 2003 __May ASeries E 4 Vis 5s contingent interest 2003 contingent interest 2003 Little Miami 7s series 1979 April-Oct A May-Nop 1952 June-Dec Louisville First & 1978 _ApriI-Oct refund mtge 2%s ser G 2003 First & refund mtge 3%s ser H 2003 St Louis Div second gold 3s 1980 Atl Knox & Cincinnati Div 4s 1955 April-Oct April-Oct F ser First & 1st mtge & Mar-Sept May-Flow Elec 1st iptge 2%s 1979—May-Nop 314s 64 % 31 61% 74 ?2 68 79% 5 1982 Feb-Aug 2'A 93% 16 86 % 94 62% 1 61% 68 6 100% 105 8% 3% Jan-July 1977 :: 103 % 103 % & 80% 80% 62 % 62 62 % 53 58 % 51'A 50 51% 43 49 T 91% 9314 42 86'A 93% * 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Ref mtge 3%s series G 1984— Jan-July 3%s series E 99 % ".95 -- • 10 86% 80 8 94% — 981/2 61% 94 101% 89 — 98% 105 -1- "106% 108 70 107% Niagara Mohawk Power Corp— mortgage General mortgage "91 Jan-July April-Oct Feb-Aug Norfolk & Western Ry first gold 4s 1996—April-Oct Northern Central general & ref 5s 1974—Mar-Sept General & refunding 4%s series A 1974_Mar-Sept Northern mortgage Natural 3%s sinking lien 4%s debs Gas 88% 92 94'/4 90 5 11 99% 115 116 104 116 22 105% "106% 95% 95% 105 120% — r- 108% 108% 102% 109 104 1 108% 102'A 102% 97 106% 93 105% 106i/2 106'A 93 / 102 »A 102 % 106 May-Wop 106 101 — 102 Ry— 1997 4s 94'A 104 May-Wop 1973 1973 fund debentures Pacific Northern 2%s 1980 2"%s 1980 3%s 1983 Quar-Jan — 40 ' "90 83% 92% "109% —— — — — 109 — 94 -- 4s registered "99% 92 85 99'A 99'A - ;96 „ 104 96'/. 101% t 99% General 101 76 — " 112% 99 102 "100 ■ 99 3s lien 1977 102% —Quar-Jan — 3s Jan registered Quar-Feb 2047 1 2047— — — Quar-Feb . — Northern States Co— Power 25 68 2 61% 98 98% 9 91% 101 103% 104'A 103% 73 68 — 98 Relunding & improve 4%s ser A 2047—-Jan-July Refunding & improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047—.Jan-July Collateral trust 4%s 1975 Mar-Sept 72 — 17 97 105% 96 106% 103% 103% 1041/2 48 104 104 26 104% 64 101% 103 'A 103% 15 91% 91% 3 81% 81 % 23 98% 104 9oya — — — 99% "89% —— — 94% 93% 98 90 95% Ohio 83% 99 First mortgage 47% — — — "96% — 47% First mortgage 84 93% 77% 83% 94% 101 Y« 80% 92% 100 "101% 101% — — 2 99% 91 97% — "89'/2 2%s 1974—Feb-Aug First mortgage 2%s 1975—*—£ April-Oct First mortgage 3s 1978 :—: Jan-July First mortgage 2%s 1979.— Feb-Aug First mortgage 3'As 1982.: June-Dec (Wisconsin) first mortgage 25/8s 1977—April-Oct First mortgage 3s 1979.. —Mar-Sept Northwestern Bell Telephone— 2%s debentures 1984: June-Dec 103% (Minnesota) mortgage first 75% 71% 105% A ' ' April-Oct Gas 68% RR— mtge 3%s 2003 Louisville 88% 56% 5% 46 ' April-Oct Mar-Sept Nashville refund & 79% 13 72 June-Dec 1976 3%s debentures 1 59% 63% — — April-Oct 1965 Long Island Lighting Co.— 1st mortgage 3%s Iser D 1976 Lorillard (P) Co. 3s debentures 1963— \3s debentures — 73% 80% 113 2% 62% — Corp first Refunding mortgage Prior to 5s general 4s series 1962 Electric § A Lombard 79% 73% 58'A May F 71 3 75% 80% May ASeries 63'A 7 66 66 2%s Gas & 99 6 93'A 93% 3%s 1963 Jan-July Western RR— Term 1st mtge 4s 1994 ..Jan-July 1st & cons mtge ser A 2004 Jan-July AGeneral mortgage 4%s series A 2019—Jan-July N Y Telephone 2%s series D 1982 Jan-July Susquehanna General 2003 Lehigh Valley Terminal Ry— First mortgage 5s extended Lexington & Eastern Ry first Electric State Steam Y General mtge bds— Interest Y Y N 99 100 102 2'A __ Light first mtge 2%s 1975—Mar-Sept Putnam first consol gtd 4s 1993—_April-Oct & & 57/a _Jtme-Dec & N — — gold 3Vis 1997_.June-Dec 100 1954—; 4s 1955 4s Power NY Lakefront mortgage 68% Chester— Port __May-Nov 1st mtge 4'As series A 1973 . Jan-July {AN Y Ontario & West ref 4s June 1992—Mar-Sept First 89 RR— mtge conv inc 4%s series A River "80 May-Nov 1973 — Hartford <fc Haven 83% Jan-July ——Jan-July 2043 2043 A B series A West 4s AGeneral 99% 99% series series 4s & series First 100% 95 Lack Y 78% 71% 59 % — 4%s 69 60 St Louis— Refunding mortgage 3'As series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct Y Connecting RR 2%s series B 1975 April-Oct Y & Harlem gold 3%s 2000 May-Not Y 27 Chicago & Mortgagees N 96% 99% _Jan-July Lake Shore 99% Co— RR series 4s " 4'/2s 101% 68% Mortgage __ "100 1987-_—Jan-July 4s N N 1975 —-Aprii-Oct A 1st Kentucky 84 *9314 88 "81% —June-Dec — 96 93% 92% "91% Feb-Auy —. April-Oct 1954.: Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998__Feb-Aug 3%s registered 1998——— Feb-Aug 93 91% 913A April-Oct 2 As 1980_. City Southern Ry 91% 3%s 1997 3%s registered 1997 Lake Shore collateral gold 3%s 1998 91% 91 'A 91'A 1976—Jun-Dec 1990 4s 102% 102% Refunding & 100% 96 1978 93 63% General l.?t 4s Light & 2%s mortgage Kansas 1st Power mortgage 92% Feb-Aug New Kansas 5 U 2013—April-Oct impt 5s series C 2013 April-Oct Consolidated N 1959--June-Dec Jersey Central Power & Light 2%s 1976—Mar-Sept Kanawha 93 % 92% . Clear & High 105 Refunding & impt 4%s series A 70% — j Franklin Jamestown 94 92 92 deposit.—— of Central York New 90 Low 103 93% Feb-Aug deposit A Range Sine* Jan. 1 No. "104 April-Oct 1956— D of series Certificates Sold deposit series 4%s 5%s AFirst Bonds High — 1956 of Certificates A 113 A 100'A Friday's Bid A Asked Ry— deposit C series 5s 3%s 1954 B of A Certificates 112% 97 % 5 or Jan-July May -Nov 1983 1977 & Mexico Texas series 5s Certificates A Jan-July — Orleans {New 120 97% 9 97% 97% — 102'A 14 1980.„,_i. 3s mortgage Great AFirst 97% ——Jan-July 1977__ Orleans 101 105 5s' A Nor New 109% 97% Co— Power mortgage 1st 96% 20 74 % Rys Central America 1st 5s B 1972—May-Nov Interstate Oil Pipe Line Co— 3Ves s f debentures series A 1977 Mar-Sept 1st 26 Jan-July Inter Interstate 91 103% 104 Chemical Corp— & debs subord conv 91 90 y« Sale Price Week's Bang* Last Period Low High New 85 % 5 90'/« xl04 105 1956.————Jan-July C series 5s International 3.65s A July 1956----— series B Low No. Interest New York Stock Exchange 100% 101 -- 1—Jan-July 1952—April-Oct 1952— A 6s series 5s Jan. 1 "90 103% 11 BONDS Range Sine* Sold High 90 series A 1970 Jan-/uly Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986—June-Deo Inland Steel Co 3'As debs 1972_ Mar-Sept Terminal DECEMBER ENDED Friday Bands Friday's Bid & Asked Low Illinois WEEK FOR Week's Bangs 93 -- 82 94 93% 26 102 90 90 5 "97 -- 92% 102% 90 90 86% 82% 91% 100% 95% — 92% — 94% 92 95 — "II 93 85% — M Macy (R H) & Co. 2%s debentures 1972—May-Nov Manati Sugar 4s sinking fund Feb 1 1957—May-Nop Manila RR (Southern Lines), 4s 1959 May-Nov 85 May Dept 93 3'As Stores 2%s debentures f debentures s McKesson & Robbins 1972 Jan-July 1978 3%s "95% — 85 debs 1973 mortgage~S%s 1980.! 10 93 101 13 "95 first mortgage 3s 2%s 14 94% 2%s 94% 101% V 96% 101% 97% 90 95% Electric & — 94 100% & 97 5 90 99% First & 15 96 104% First & & 1969—Mar-Sept —Mar-Sept mortgage 3%s 1969 sinking fund debentures 1967 Minnesota Mining & Mfg 2%s 1967 St 40-year Prior series 4s lien ACum series B {Missouri AFirst Pacific and AGeneral AFirst RR Jan-July ...Jan-July Jan-July 1967—April-Oct A Jan (John) Mar-Sept 3'As Co. series 3s B 1966 debentures 1958 Essex first gtd 3%s 2000 Construction mortgage 5s series A Construction mtge 4'/2s series B 3'/es States Tel & Tel 2%s debentures First 98% — — 102% First & 92 99% 1955—May-Nop 1955—May-Nop 1986 bteel 1986— National supply' 1970-June-Dec 3s 3%s 4%s Afay-Nov series B Pnr footnote)! June-Dec & 90% 46 94% First & 101 101 22 92% 99 98% 99 17 101% 100% 97 3A refunding mtge 33/8s ser U 97% 39 96 96% 42 96'A 96% 10 90 »/2 91 Vs 13 94 94% 10 971/4 96 • 97 94% 96% 94'A 1985_June-Dec 95 "101 % 102'A 92 91 99 87% 97% 88 % 98% 82% 85% 93 4 . 95 16 95 101% 91 97% "96 • June-Dec 0 97% 103% Light naee 1st ref & Pacific Tel M & series 4s Tel 2%s V 1984 June-Dec debentures 1985 'A 94'A 2 90 94% 89% 89% 2 83 96 2%s debentures 1986 April-Oct 73 73% 20 72% 84% 3 las debentures 1987 73 'A debentures 1978 2 102% 117% 3 VIbs debentures 1983 Mar-Sept Mar-Sept 72 84 % 117% 3%s debentures 118 102% 118 4s 103 103 94'A 94'A 104 - 103 96 103 104% 103 104% 30 debentures 98 % 89% 94 __ 1981—. 95 % 104% 118 Pacific 83% 133 69% 101% Paducah 103 104% 37 102% 118% Pennsylvania-Central 104 103 104% 126 1021% 118% 3 61% 69 Pennsylvania Glass 97 98% Pennsylvania Power 83% 83% 63% 63% & 64 99 "99% 61'A 101% ■. 61 98 61% 34 101% 101% 56 'A 2 7 101% 101 '/8 100% 99% 100 63% Western Oil Illinois & 3'/2s debentures 1st f s 1964. gold 4%s First mortgage 88 — "96 'A 88'A 21 — -- 82% 96 General 89% 100% 4%s 84 96% 3s 33 1986-Feb-Aug 1974 Mar-Sept 100 98% "96 *100'A 106 96 95'A "97 % 82% 88 96% 15 91 96% 100% 100% 10 93 101% ".97 99 Mav-Nov 4s 1 "99% 100 Maw-Nov t/r-Renf lYsV—Jan-jX 96% 84 96% series fund 4%s A 93% 99% 24 98% 96 __ 93% 101% 96% 98% 100'A — 106% 99% 101% 8 105 12 91 99 91 99% *— 100 "80 85 80 "95% 96% 94 94% 109% mortgage 4'As series E 1984 mortgage 100% 80 96% 20 98'A 105% 24 106% 107% 98 % 105 — 100 % 101 99% "101 99% B series D "90'A 100 % 100% — 85 92% "i 100'A 93 101% 87% 98% 96 Feb-Aug 107 106% 107 11 105 109% 86 101% 96 96% 8 — 1981 3%s series F 1985 Light & Coke Co— ref mtge 3%s ser H 1981 105 104% 105% June-Dec 108% 1081/2 109 32 105% 105% 109 V* 98% 98% 99% 33 92% 99% Jan-July .Jan-July 99 98% 99% 21 92% 99% 83 81 83 47 74'A 83 Gas & & Eastern AIncome 4s first 4s external 1960 Philadelphia April 1990 —April Ry 33/8s series D 1980 Mar-Sept Baltimore & Wash RR Co— series B 1974 Feb-Aug General 5s General gold 4%s series C 1977 Philadelphia Electric Co— First & refunding 2%s 1971— First & refunding 2%s 1967 & refunding 2%s 1974 First & refunding 2%s 1981 First & refunding 2%s 1978.; First & refunding 3'As 1982 1st & ref mtge 3%s 1983 101% 101% ..June-Dec April-Oct Marquette First 103'A 103 107% April-Oct 1965 1968 5s Peoria 90 June-Dec 1960 4'As Pere 94% 1 April-Oct 1975— General First 99% 101% 6 98% 98% , General Peoples 94 89'A June-Dec 3%s Light Co— & 3s series 87 9 23 107% 107% 98% 1955__Jan-JuIy I960—April-Oct 1960 June-Dec Sand Consolidated 102 92% 6 98'A Airlines— RR— sinking 102% 82 % 93 100'A 100'A 100'A 91% 98 A3%s convertible inc debs Sept 1 Pennsylvania „ 107% 93 __ Mar-Wop Mar-Sept 103'A 90% June-Dec 1984 104% 104% "107% April-Oct 94 June-Dec ~ADril-Oc# see refunding 27/8s series T 1976 First ~~ 1961— 1982 1974— Jersey Power & June-Dec 66 1974—.April-Oct 1967 New Jersey Bell Telephone 3'/8s New Jersey Junction RR gtd first New _jUne-Dec 1982 2%s debentures guaranteed debentures 3s debentures refunding 3'/8s series R 1982 refunding 3s series S 1983- 93 51 June-rw ~ Naugatuck RR first gold 4s 1954— New England Tel & Tel Co— First & 84 87 103% 99% June-Dec 12 Feb-Aug 1976 1st 1980 68 | 1970 Com refunding 2%s series Q General debs Natl DistiUers Products 3'As debs National & 52 % 89% 100% 99 102% 102% June-Dec 85 May-Nov _ Louis mortgage 3s series B Dairy Products 234s debentures 1981 General - April-Oct National 3s series P 51 _May-Nov --June-Dec 1978- Chattanooga & St 3%s debentures refunding 2%s 85 90 1 99% —June-Dec & 52% N First 3s series N 1977 First 85 . Nashville 101% Co— 3s series K 1971 June-Dec 3s series L 1974_J.___.June-Dec 3s series M 1979 June-Dec refunding refunding refunding refunding First & First Feb-Aug Morris & Mountain "95% 1965—Feb-Aug 1975 & 92 Co— refunding 5s series F 1977—Mar-Sept and refunding 5s series G 1978—May-Now 8 AConvertible gold 5'/2s series A 1949—May-Nov AFirst and refund gold 5s H 1980—April-Oct AFirst and refunding 5s series I 1981—_Feb-Aug Mohawk & Malone first gtd 4s 1991 Mar-Sept Morrel 91 99 Electric & 3'As 1978 and Ry 102% 97% 1 AFirst Monongahela 94 102% 100% 100"% 100% refunding 3%s series I 1966—June-Dec refunding 3s series J 1970— June-Dec First & 1962 ser 95 86% 26 Mar-Sept First refunding 5s series A 4s — 17 Marie— 1962 5s 20 93 ' 95 — 99% 101 101 RR— A 4'/2s series D adjustment 103% 103% "98'A Jan-July April-Oct First mortgage 4'/2s inc series A Jan 1971___May A General mortgage 4s inc ser A Jan 1991—.May Missouri Kansas & Texas first 4s 1990___June-Dec Missouri-Kansas-Fexas 103 % ___Mar-Sept 3%s lien 5s Gas 99 95% First Prior Pacific "97'A First Saulte June-Dec May-Nov 88 95 ___ Oregon-Washington RR 3s series A I960—Aprli-Oct April-Oct Michigan Cons Gas first mtge 3'/2s First mortgage 2%s 1969 & 93 Feb-Aug 1975— 1979 27/8s 1980—.—— First mortgage 3%s 1982^ 1979___Jan-July Central— Paul 43 94 P Rounding & impt 4'/2s series C St 8 94'A Feb-Aug 3%s debentures 1988 Minn 98% 93 94% May-Nov 1980— 2%s First 'mortgage Gas 98 Mar-Sept ..1.Aptil-Oct First mortgage 3s Oklahoma Michigan Bell Telephone Co— Michigan 1974.— 1975 ■ -88% 95 93% — Edison 951% 101% 101% Mead Corp First _ 93 -Mar-Sept first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—May-Noo _ "100 Feb-Aug ~7 86% "48 — .Jan-July 3 97 53% 53% 4 85% 89% — 89% 7 49 61% 96 96 4 89 98 "108% — 107 __ 99 25 88% 97% 4 92% 98 87 95% 951/4 95% May-Wop 98 971/4 98 94'A 93% 94% 16 93% 93% 6 — 100'A 101 Va "107 % 87% 90 "93 100% 110% ~4 95% Feb-Aug Jan-July May-Nov 90% 102% 102% June^Dec —May-Wop ..June-Dec 105 — 11 — 96 104% 107 94% 97 103% 107 Number 5281 Volume 178 . The Commercial and Financial Chronicle . . (2329) 33 NEW YORK BOND RECORD RANGE Friday BONDS Last Period New York Stock Exchange Sale Price or 1st sink fund 4s 1937 tACertmcates oi 3.70s deb conv Jan-July 2%« 108 % & St. Consolidated guaranteed 4s Louis *99 >4 1970 2%s Chemical Bunray 100% 95 Swift & Co Oil 2Vis 96% 101% 104 102% 106 „ *108 108 108 V — 3%s Corp 2%s 2s/as debs 85% ; 1965 mortgage 4 Vis series B 1959 1960 April-Oct 82 First 86 95% Texas 101% 96 101 Vi 98% First general 5s series B 1962 general 5s series C Feb-Aug 1974 June-Deo First general 4Vis series D 1977 Plantation Pipe. Line 2%s 1970-, Potomac Elec Power 1st mtge 3'As 1977 105% 100 Tol first & First mortgage 3s 1983 mortgage 2%s 1984 First RR of 93 90 96% 98 98 98 94 Ohio Cent 100 99% 100% First and refunding mortgage 3 Vis 1968—Jan-July and refunding mortgage 5s 2037—Jan-July and refunding mortgage 8s 2037—June-Dec 102 51 102 Vi refunding mortgage 3s 1972—May-Nov and refunding mortgage 27/es 1979_June-Deo 3%s debentures 1972_ 3%s 98% 201 % 3 96% 93% 5 84 30 97 Jan-July Tank 96 96 1st 93% „ 81 80% 81% 86 98% Mar-Sept 99 11 78% 86% 95% mtge 2%s debs Lawrence Second coll & debs f s fit 1st 98 98 96 <-041,' Francisco Ry Co— mortgage 4s series A 1997 First 4s bond Second 4s certificates inc bond 1989 May 100 , Line RR Co— v. 1980 (Jos E) & Sous 2'/as 1966 3s debentures Service Pipe Bhell Union 1982 3%s 1972 7s %_ debentures Southern Indiana RR consol Southern 4 Vis 1986—. F 1.996 125 91% 93% debentures Standard Coil Standard Oil Co debs 84 1985 debs 97 (Indiana) 1995- 93% mortgage 3'As series B Co 92'% 93 97 100'A 99% 101 39 101 % — 100'A 100% April-Oct 94% ; 96 101% 102 100% 101 5 105 102 »/4 99 86% April 78'A 7 8'A 78'A 2 76'A April Feb-Nov 1976—May-Nov 78'% 78'% 78'% 5 75 85% 92'% 94'A 11 86 97 66'% 67 36 66% 81'/a 10G 75 101'% 114% 1981 Corp— (subord) 3'As 86% *95'A 34 — 86 Va 105 April-Ocl Feb-Aug 1966 .. — *53% 93% 83'% 100% 94 •88% 53% __ „ -I 103'% 103 % .90 lb4% 99 '/a 95 128 87 97 West Penn Power 3%s series I 1966 Jan-July 1 27 39% West Jan-July Jan-July 96% 318 99 99 Shore first 4s guaranteed 2361-. registered- 2361 Western Maryland Ry 1st 4s ser A 1969 1st mtge 4%s series B 1976^.>. 91% 91% 109 107% 95% 98 85% 92% 110 Western 111 1st Pacific & ref 99 1 60% 61% 59% 101% 101% May-No# ,_Jan.-July Union 1981 *93% 29 90 98 30-year 30 82% 93% 4%s 98% 90% 94'/a 2%s debentures 1971 : Mar-Sepl Wheeling & Lake Erie RR 2%s A 1992—.-Mar-Sept Wheeling Steel 3'As series C 1970 Mar-Sept 70 1960_ ; debentures series A 70 6 68% 80% 108% 109 82 99% 109% mortgage 3'As 98% 105 % 3%s debentures 97% 105% Wilson 95 103% Winston-Salem 104% 104 104% 114 103 103 104% 31 102% 102 103% 69 *96% Jan-July -- — 96% — — — 79% ~ .... 80 95 29 78 85% 74 80 92 101% 102% J 02% _Afar-Sep| „ 1980— 122% 122-% 20 113 122% 102 102 102% 49 101% 106'4 14 106 109 107 107'4 16 107 108 2 100 110% mortgage 3s S B first 15 - 93% 93% 5 96 V% 96'% \ —— • 108 5 * April-Oct 98 Vi 91% 92 'A 60 98% 3 93% 69 69 1 66 90 Vi 91% 12 102% 102% 144 69 Certificates 83 93'/8 102% of Electric First mortgage Wisconsin Yonkers 4s 1958—, 1960 102% 97 *102 % — 102 — — __ — 1936 4s Service 94% 101% 91% 104% 97% 101% 102'% 102% 10 25 89'% "l — 2%s June-Deo 1976 3'As 73% 81% 80% 63 78 63 77 78 89'% 78 May-Nov deposit Power • 63 84 91 89 ioi Mar-Sept 1971 *97'% 100 Jan-July -- Electric Deferred Light & Power 2%s delivery sale 1976_Jan-JuIy — .1 — not § Negotiability impaired by maturity. Companies reported as being in bankruptcy, 112% Act, or __ Friday's bid and A Bonds . receivership, or reorganized under Section 77 of securities assumed by such companies. asked prices; no sales being transacted during current week. selling flat. AMERICAN STOCK EXCHANGE WEEKLY AND YEARLY RECORD , furnish we a complete report of the transactions on the American Stock Exchange for 7, 1953 and ending Friday, Dec. 11, 1953. It is compiled from a report of the American Stock Exchange itself and security whether stock or bond in which any dealings have occurred during the current year. Dec. RANGE Friday Par ACF-Brill Acme Wire Co Shares 26''% 26'% 100 2% 2% 900 2% 2% Inc (N J) Alrfleets Inc Petroleums 1 footnotes 700 8 10% 10% see 60c page 37. 25 Oct Sep 1'% 6% Jan Jan Jun 29 Feb 4 Mar 1,800 1% Sep 8% May 7'% Oct 200 10% 800 6'A x9% 3% Feb 9'A Aug 13% Mar Jan 8'% Oct Oct 14'A Jan 11'% 12,300 Nov 15% Feb 11 Oct 1% May Week's Sales Last Range for Week of Prices Shares Sale Price American Stock Exchange 2,800 ~8% 1 A 3 1 Dec • 3 11 Alabama Alabama Alabama Alaska All Gas Great Southern Power 4.20% Airlines American Alleghany Allegheny —2 Corp preferred Engineering Co 18'A 17 107 107 50 100 Inc 1 10 1,200 1 iH 2% 1 IH I ,1 2% Allied Allied Altes Internat'l Products Brewing common B 1 Jan Jun 2% Sep High 18'A 112 99'A Dec Aug Jan 6 'A Mar l'A Aug 2 5s HI 10,900 1A Sep 3% Mar 25,000 2'% Jun 3'% Jan 1% 1.000 x30% x30% 3 Jan Jan 7% Mar 3% Investing cap stock—1 (Mich) Co Jun 3 1 Airlines 13'A 103 6% 1% 1 Alles & Fisher common 4'4 4 10# warrants Low 3,000 89% 1 Inc Corp 17'% Range Since Jan. 1 High Low Par High I 2s 1 Ltd Range Since Jan. Low 1 3'% beginning Monday, to include every is intended Friday 5,200 3% Manufacturing common—__3 Associates DECEMBER STOCKS High 10 Air-Way Electric Appliance "or Low common Supply Manufacturing Agnew Surpass Shoe Stores Ajax i 1 Aero ENDED for Week Alloys Adams Hat Stores Inc Air Range of Prices Motors warrant# Acme Aluminum Alnsworth Week's Last WEEK Sales Sale Price STOCKS American Stock Exchange FOR the week » 96% 101% 74 77 7 6'A Jan-July 1st 2%s 1979 Public the Bankruptcy * Aprll-Ocf — 94% 101% 08% 94% ' 99 94 *100 94% Jan-July + 101% *97% Jan-July May -Nov April-Oct '■> I 99 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. rCash sale not included in the year's range, y Ex-coupon. 73 88% '*% I 104 92 Y a __ 98% April A Wisconsin 96% 100% 3 Certificates of deposit- 110% 108 & Co first, series D 1967 1965—— 8 A Superior & Duluth 103'% 106 A 92 39 96 % 96 • Jan-July ^Wisconsin Central Ry— 5 A First general 4s 1949 95% 122% ■ 95 98 1?. !■ 106% "•'"V.' V -- — Westinghouse Electric Corp— 5s -• Telegraph Co— 97 Vi ,97 104 104% „ RR Co— mtge 3%s ser A ,.41, 68% 67 99% 6 " *104% •V . 59% 46 April-Oct A - 105% 58'A 23 59'% 102% 101 23 104'% 104% 60% 59'A '95 97% May-Nov 92% list fl'^ 57 88% 56'A *87% May-No# 91% In the following extensive ' 104 y4 94'/a *102'% 105 101 99 ' 14 *100% 101'A Jan-July April-Oct 94% 99 92% 96 86% May-Nov C 1973—April-Oct 1971 debentures conv debs conv Western 97 Vi .———June-Dec 1982 8 l'A 2 93'/s *94 A— West — 3Vis convertible debentures 106'% 95 — 100 General mortgage 3s guaranteed 1979 Penn Electric 3%s 1974 101% Co Inc— 1967- 102'% 92 94 98% 103'A *94 Vi 4Vis 2013 102 100% 13 *92% f 104% 98'% 26 15 ' *95% ref gtd gold 3%s 2000 Washington Terminal 25/es series A 1970 Feb-Aug Westchester Lighting gen mtge 3%s 1967—Jan-July 93% 95% 97% 91 Vi May-Nov first gold Products subord conv 2%s 1983 ASpolcane Internnll 102% 104 - \ 104% 100'% 25 102% 102% 100 Warren RR first 101 % 92% *107 May-No# Tel 95 90 'A *105'A 106 84 102% 101 103% 103% """ 97 92% 10 .... 105 »/4 103 95'% 96'% 104 88%. Warren Petroleum Northeastern RR— Bell , i 96% 7 9'/a — 95'% *92 37% *97 Vi __ mortgage 2Vis series G 1961Jan-July Ry first consol gold 5s 1994 Jan-July and general 4s series A 1956 April-Oct Devel and general 6s series A 1956— April-Oct Devel and general 6Vis series A 1956—April-Oct Memphis Div first gold 5s 1996 Jan-July 5s 96 ■ —Jan-July 3%s 1977- 4 Co— 102% 8 93 % 37% First New Orleans & RR Walworth 92 100 92 Vi 96 % Devel 3Vis 87 % May-Nov series 96%. ' 93 Southern Southwestern *104% mtge income 4'As series B Jan 1991 118% 94 3%s ser A '75—June-Dec First mortgage 27/eS series E - 109% 89% 28 ' 1981 2%s 95 86 *— 1958 5s First San Fran Term 1st mtge Southern Pacific RR Co— Joint 164 May-Nov . mortgage 95 May-Nov mtge 4s income series A Jan 106 100 Mar-Sept 1969 Gold 90 1955—Feb-Aug 1957 Gen First 99 Jan-July 1977 (Oregon Lines) A 4Vis First Wabash Pacific Co— First 4Vis Gold ' A 102'A- 40 121 85'A May-Nov gtd 4s series A consolidated 100% 86% * June-Dee . • y4 95% 96% *94% mortgage & refund 3%s ser I 1981—June-Dec 92 <" 1973 94 100 105% 102% Jan-July 2%s 1994 Ry f debs s > 101% *93 _I Jan-July 1987 ... 95% II 95 % 105 *101 Feb-Aug Southern Natural Gas Co— 4Vis conv 112 *98 South & North Ala RR gtd 5s 1963 Aprll*Ocl Southern Bell Telephone & Telegraph Co— 3s debentures 1979 Jan-July 2%s 3 refund mtge 2%s ser G 1979—June-Deo and ref mtge 2%s ser H 1980 Mar-Sepl 3%s Jan-July Juni-Deo 1985 ; •, 108 ' 86 98'A *98 April-Oct 1959—Mar-Sept debentures 3%s Gen 123% 125 1941—Feb-Aug Bkelly Oil 2Vis debentures 1965 Socony-Vacuum Oil 2 Vis 1976 •97 __ 98'A 96% Apr-Oct April-Oct 1967 Pictures First lien and ref mtge 3'As ser 95% 93 *94 124% April-Oct *. 97 ***""" Feb-Aug 1973 4s 1983 103% *93'A Jan-July Jan-July 1971 trust 3%s Virginian Ry 3s series B 100 100 *112 April-Oct 1971 tSASlleslan-Amer Coro .coll trust ' 104% June-Deo f debs s Oil 2J/as debentures debentures 81 105 II June-Dec 1974 Line 3.20s Sinclair Oil Corp— »'■ 3 Vis subord conv debs 2%s 10 86 Vi *95 „Mar-Sep# debentures f *103 98'A Aprii-Oct 1st & ref mtge 3'As ser J 1982 Virginia & Southwest first gtd 5s 2003 *95 May-Nov 1977 s 98 95 — 20'A, 93 *95 and 1st 86 91 I • 3%s fieagram 14 105 II 1989-Jan-July cons 1st mtge 3s series B 57 33 w - Air 78% __ 86 % __ gold 4s 1968—-June-Dec St Paul Union Depot 3Vis B 1971 April-Oct Bcioto V & New England 1st gtd 4s 1989—May-No# Scott Paper 3s conv debs 1977 Mar-Sept Seaboard 99%, 48% *94 mtge 2%s ser E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept 77% 99% 100 May-No© certificates Nov St Paul & Dululh first 82 and refund First mtge inc 4'%s series A Jan 2022 Louis-Soutinvestern Ry— Bt 947% 42 17 April-Oct 1966 1970 sinking fund series B Virginia Electric & Power Co— 97 Vi 70 Va 73 *80% Jan-July ASecond 1973 2%s Consol 100% 94% *69% April-Oct Louis-San 1st 103% 55% June-Deo 1972— First Mar-Sept 1996_Jan-July gold 5s 1996 6s ,96% 16'% Mar-Sept trust debentures First Adirond'k & gold 1970 1972 1977 2%s Corp debs f s Vandalia 100 % s Bt 126 54% May-Nov 4'As First Saguenay Power 3s series A 1971 96% 114 7 June-Deo- SjRubber 2%s debentures 1976 Mar-Sept 1969 97 % 87 Va 5 RR— Car Gas 2%s 96 Corp— 1977 1 . V Reading Co first & ref 3%s series D 1995—May-Nov Reynolds (R J) Tobacco 3s debs 1973 April-Qcf Electric fil *95 June-Deo 1980 (subord) 1st mtge & coll . 12 91% 121 16'A Mar-Sept 1982 debentures United 103% 96 .! 55% 86 Pacific 3%s 96 Va 101% 103% : 102% 3 Jan-July May-Nov United Biscuit Co of America 99% 93% 96'A 97% April-Oct 105 Universal & June-Deo 1974- May-Nov Union 102% 132% 18% 89% 101% 101% debentures 1976 -Feb-Aug Refunding mortgage 2%s series C 1991—Mar-Sept U Quaker Oats 2%s debentures 1964 Gas 91% 115% 2 73 94'A 121 1985—Jan-July 1968 debs conv 4%s General mortgage 4Vis series D General mortgage 3Vis series J 91% 96 87% 102 5 95 94 May-Nov and coll trust 2%s 1975—April-Oct 3%s sinking fund debentures Rochester 94 95 85 V> 90 81 Pacific— of California Oil Union 101V* 96 98% June-Deo 96 __ 100% 101% June-Deo E ser 91% 96 % 104'% , 127% 5 *130 and First 1970—April-OoX 1990—April-Oct impt 3%s 1960 Corp 2%s debs 1961 3'As mtge 3%s 190 First 85 89 104% 106% 106'% 2%s May-No# First First . Union 100% 97% 3%s 1st mtge & coll tr 2%s 94 "99a 101 and ref debentures 1st Mar-Sept 96 95 May-Nov 3%s series C Orleans New First mortgage May-Nov Providence Terminal 4s 1956 Public Service Electric & Gas Co— 3s debentures 1963 4 105'% *95% Union Electric Co of Missouri 3%s 1971 106 3s 93 48 > High u *105 93 90'% Low 90 96 Jan-July April-Oct gold 5s 2000 Pacific-Missouri Tri-continental June-Dec Mar-Sepl Feb-Aug Jan-July Jan. 1 No. RR— refund M Pacific 99% 104 2019 t A Third Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 101% 95% and & Term 95% 99 Vi "*105% 102 96 New Orleans Pittsburgh Youngstown & Ashtabula Ry— First Range Sine# Sold 96% 96% Jan-July 3s debentures 1965 General and refund M 101 96% 22 *98% 100 < Bonds High 90'A *104 May-No# First and refund M 3 Vis series B 108% 103 ,*100% 100% April-Oct mortgage 1 5 97% 100% - June-Deo First 108% 103% *98% 100% 100% Friday's Jan-July 1966 1972 1973 Refund and impt 2Vis series D 1985 Texas Corp Texas Jan-Julf April-Oct First 18 85% ' *95 109% Texas & 108% 108% 85% 90% Mar-Sepf debentures debentures debentures 1973 Terminal RR Assn of St LouisRefund and impt M 4s series C 109% 108 108 108 Vi 108 Vi 1 — or Bid & Asked T *102Vi 103 June-Deo Pittsburgh Plate Glass 3s debs 1967 Pittsburgh & West Virginia Ry— First mortgage 4 Vis series A 1958 C (N J) debentures 2%s 1971—May-Nov debentures 1974 Jan-July 108 Vi 90% Pittsburgh Consolidation Coal— 4 Vis series Oil Stauffer 100% *102% -General mortgage 5s series B 1975 April-Oct General mortgage 3%s series E 1975 April-Oct Plttsb Coke & Chem 1st mtge 3 Vis 1964—May-No# 3Vis debentures Standard 25% 94 102% 100*8 Pittsburgh Cine Chicago & St Louis RR— mortgage 5s series A 22 193 Sale Price Low 25% 16% 1 '■ Week's Range Last Period High 17% *91 Consolidated guaranteed 4s ser H 1960 Feb-Aug Consolidated guaranteed 4y»s ser I 1963—Feb-Aug Consolidated guaranteed 4'%s ser J 1964_May-Nov General 12 Interest BONDS New York Stock Exchange Ry— G 1957—May-Nov ser 59 Low NO. 107?b 108^ Pillsbury Mills, Inc 3y»s s 1 debs 1972 June-Dec Pittsbgh Bessemer & Lake Erie 27/sS 1996__June-Dec Pittsburgh Cincinnati Chic 11 Friday 24% S834 Feb-Aug June-Dec DECEMBER Jan. 1 25 'A 24"s 1964 aebentures 1983 ENDED Range Since Sold High 25 aeposlt Phillips Petroleum WEEK Bends Friday's Bid & Asked Low lAPhilippine Ry FOR Week's Range Interest Apr 31% 300 32% May 3'% 600 3'A Mar * ■ Financial Chronicle The Commercial and 34 .. Monday, December 14, 1953 . (2330) AMERICAN STOCK RANGE WEEK ENDED FOR EXCHANGE DECEMBER 11 Week's Sales Last Range for Week Shares Low Par Aluminum 900 82% Jun 500 21% Oct 24%! 11% 250 11 Nov 16 % 4% 1,900 21% 21% 22 11% 11'A 4% 4% Book American Hard American -1 Laundry Machine Co — Rubber Co American Maracaibo American Meter Potash & American Anacon Lead Post — Sep Oct 48'% Dec 7% Dec 12 % Jan shares Dec 25 Nov 25% Mar Central Ohio 3% Dec 6% Mar Central Power & Light 4% 22'A 1.400 21% Dec Jan Jun 35 Dec 400 44 'A Oct 63 Apr 550 10% 'A 300 4 13'A 500 9% II 11% 50 11'A 12 4 4 12% Jan Chamberlin 4% Jan Charis Jan 13% Nov Feb 20% Apr Oct 8.500 9% 2% 211 3 ft 20.800 2% Apr 5% July 8% 100 8% Nov 10% Mar 11% Power Arkansas 5% Sep 9'A May Oct 5 4,200 5% 5% - 4% 3% Equipment Associate Associated Class A & $43 (ex $41 Ayshire 12 % Feb 117'% Feb 19% July 24'% Jan Jun 53% Jan 14 129% Nov 5% .. __ Steel i'e 1,000 Jan Collieries Corp Nov 5% 1% July Class Baldwin Banco Securities los de 2 500 % 300 2% 10% 300 9 15 15% 300 Dec xl% 2% 10% 15 Jun Nov Mar (The) Dec 84 Colonial Colonial Sand Jan Mar 15 5% May Jun 4 Nov 11% Oct Jan 21 ft 3 10,700 12'A 12% 300 11% 300 11 3'A 6,400 Oct Sep 10% 11% July 2% Sep 6 'A 1% 2 Oct 8 Jan Dec 3 A July 2'A Oct 2 'A Oct 4% Sep 8% Jan 9 Sep (L) Bearings Inc Co Ties 5% 8,700 x9% 10'A 700 30 30 .1 common 50c „ Beau-Brummell 2'A 5% 9% .1 .. Inc & 2'A • 1% - 5'A 5'A 5 'A 15% 14% 15'A 1 14% 13% 14% Aircraft 1 4'% 4% Bell Telephone Benrus & of Watch Benson Canada Co Bickford's Inc __ Birdsboro Steel Fdry & Mach Co com.* Black Starr & Gorham class Jun 6'A Feb 300 5'A 5 900 14% Jan 16'A Apr 2,200 11% Oct 17 Jan 2'A Sep X36 Sep 6'A Mar Dec 40% 40% 3,500 9% Oct 13 Mar 2,^50 36% Jan 51 Oct 11% 700 10'A Jan 12'A mm • 9% 9'% • A 2% Mar 43 % J 41% 1 common... l'A Mar 41 x40% . 1 4 common 2l'A May 11% 40% common__25 Inc Hedges ■ 2,600 S) Shoe Corp Instruments Inc 1 Beckman Bellanca common Nov 31 25 —1 common 11% Mar 800 % 1 9 % 100 4 3% 200 Feb Blumenthal Bohack prior Borne cumulative Scrymser Eourjois Brad Brazilian Breeze Sep Dec 5'A Jan Oct 10'A Feb Brillo Amer dep dep Amer British 4'A Jan 4% 3% • 8% 8'A 8% 9,700 8% Dec 11% Jan 4% 4 % 4% 600 4% Sep 7% Mar 22% July 25 'A Mar 23% 24 100 3 4,000 % Dec 21% 100 20% Jan 3,600 17 Sep 22'% ui 20% 10a 10s 5% 5% 625 10s 3'A 3% 1,200 18% 18% 1,900 8% 8% 3,200 convertible $3 2nd reg • common. 8% 1. 90 % • Distillers Forman Buckeye 90 % 7% 25 Hill American 18% Oct Oct 12% Mar 87 10 17% 18% 200 100 Jan Apr 51 Nov 12 1,600 6% Jun Jan 19 Jan 6% Aug 11% 12 400 10% Sep 14'% May 11% 11% 12% 700 11% Nov 19% • 5% Aug 20% 20% 21% 2,000 Dec 9 8% 2.50 12% 8% Jan July 8% Jan 8% 10 preferred Feb 17 50c Sullivan Apr 8 6 • common Dec 10'A Jan 22 8% 600 8ye Aug 10% Mar 12% 12 3,500 11% Oct 19'A Jan Ltd— dep rets ord shares Burry Biscuit Corp 14,700 _3s 6d ; Gas i8 2% 1,500 12%c % Jan Nov 3% 3% 400 Calgary & Edmonton Corp Ltd • 10% 9% 11% 6,600 California • 10 9% 10% 6.200 8% Jun Electric Calvan Products Electrib Consol Camden Fire Oil Bread Canada Cement 6%% Power & Co Gas Jan Jan 5 common Continental Canadian Atlantic Oil Canadian Canners Ltd Canadian Dredge & Dock Co Ltd. Canadian Car-Na 7% Class Carey Baxter & Carman & Co Carnation Carolina Co * Class Cornucopia Power Carreras & pfd Co footnoted see page 37 9% 400 7% Sep 10% Mar 28 % 700 24'% Sep 35% Jan 5'% 300 4% Nov 5% Jan 2% 20,100 29 Apr 2% American 14% May 17 Oct 34 11% 12% 1,300 10'A Jun 14'A 18 17% 18'A 900 16% Sep 21% Jan 4'/a 1,400 3'A Aug 4% Jan 4 U'A ll'/4 1% 1% 200 19% 700 Dec 1'% July Sep 8'% 16% Sep Drug Co Atlantic 8% Sep 11 10% Oct 151A Jan 11% Jun 14% Feb 1% 400 22% 25% 7,500 22'A Sep 35% 10% 11% 700 9% Dec 14% Mar 7% 600 6% Sep 4% July 8% Mar 7% Oct DfeC 1% Feb 24 'A 7 6'/a 1.000 ii U 5 Sep 23 'A 1,600 20 Sep 3l'A Mar 31 31 300 26 Sep 40 11 5% 10'% 10 ft ft 100 8'A Jun 600 10% 10 10 8% Jan 1,400 A Inc 72 lA Curtis Manufacturing Co Jan 10% -Jan Jan 9% Feb Jun 13 % Nov Jan 6.% Nov Jun 76% Jan 1% Jan 7% Jan 2,900 67'% % Apr 6'A Sep 9 Sep 6'% 6% 6% 600 5 10% Xl0% 11'/a 2,200 14 'A 14% 50 1% 1% 100 20% 300 ~1% 25c * 10 20% 6% 6% 18% 21% 6% 5 l'A 19'% 147 10,300 6% 280 14% 100 5 5 13'A July 10 148 148 2.50 —5 (Mo) Jan '% Sep 16'A 4% 11 hi partic—_• common Nov 10 7 100 5,200 18 71 'A 71'% 5 common Lighting Jan Oct 400 17%. 18 —• Tobacco Curtis 7 8'% 7% % t —1 • common— Cuban Feb 200 22 22% • common.. Jan 5% 1 (Md) "A" May 1 % Mar Aug 1 4,000 18 5% 1 1 Sugar Nov 700 common Crystal Oil Refining $6 preferred 2% Mar 9% 21% Mar 1,900 Co & 15% May 6,200 ,. Internat'l Aug 8% 8% 8% (ord reg)—_£1 Petroleum Cent Dec 12'/a Company Cork Cuban 11'A 3.600 9% 18% 19% Co__l A dep receipts Crowley Milner Crown Crown Crown 800 12 9 1 % * • _.5c Petroleum (The) Croft Feb 5 % Oct 6,700 13% Corp common— class Sep 34 Ltd— Courtaulds Creole 1% 26% 1 Mines... Reynolds preferred $1 5 11% 15% Jun ^ Dec Feb Nov 1 Feb 12% Feb Oct 25 6'A 16' Jan Jan 180 Nov Feb Nov 2% Sep Jan Mar 12% 200 12'A 6 Vb 12% 200 350 5% Sep 15'A Dec 27% 6% Day Feb 2% Feb Nov Stores class Gasket Gray Devoe 4% Mar 27% Oct 28% 100 28% ; —— . American 4 Dobeckmun Dome reg— Co _ Ltd Steel & Dominion Tar Dominion & Chemical Co Ltd. Ltd Co Dow Brewery Ltd Dragon Cement Co Corp 3% May Sep 29% Mar 12'A Jan 22% 2 A DuMont common- a Jan Jan 1 Sep 3 2'A 21% 8,800 200 9'A Jan 12 Dec Sep 25% Jan 4'A ! 1,400 4% 5% Nov 5'A Aug 8% Mar 6' a Jan Feb 7)% Sep 82 10'A Sep 16% Jan Sep 9% Apr 10% Jan ~8'A 1.000 8% 600 6% 6% 1,800 4% Jun 18% 18 % 300 15% Jan 18% 29% Jan 47 Sep 15 Nov 20 Mar 8 • • 8% 6% 8'A 42% 15% 1 8% 43% 600 15% 16'A 7,500 9 8% 3,700 ■ JT'A 7'A Nov 7% Mar 7% July 10% Nov Oct Jan 35'A * — __ 50 32 Aug 40% 36% 400 32% Apr 37% Nov 9% 10'A 10,600 8% Nov 17% Jan 6% ' — 35% 36 10 6% 500 5% May 7% 900 Laboratories— B) 9% ._10c common Co Ltd— American dep rets ord reg— Rubber 3V4 Sep 6% Jan Duraloy (The) 20% Jun 25% Feb Durham Hosiery class B common Co £1 „ 450 Test Corp Feb 2'A — 1.000 . __ _ — 12 5% 10 Inc _ — 4»A 1 Co • Jan 15'A ' 20% • Co (Allen A 20 3,398 37,900 4 Vb __ •• Power Jan - — — ■ — common.. Sep 4% Jan Dec 14% Feb „ • 3% 8 25 5 * . 1 Oct 2% 8 3% 8 1 _ — 5 300 4% Sep 6'A Mar 26% 600 24% Sep 33% Mar 9% 12,600 29% Mar Sep Dec 300 20% _ common Harris 10% 86 'A 2 12 . • Douglas Oil Company Class Jan 2 • stock. Dunlop Jun 2 i—. • ord Coal Textile Jan 73% 2 1 11S __ 1 27,400 50 Sep 10% July 1 common 4 % 86% Nov 1% 21% 2.50 _____ Corp 23% 86 % 11% 2.700 2'A 1 common Finance Dominion Jan Apr 13% May 100 1% 1 4S _ Bridge Co Ltd 5'% 7% Mai17 % Ma 1 145 11% 21% ...10 — Corp Dominion Draper Jun Feb 33 1% 2 25c __ Dec Dec Feb 11% "l% 1 __ _ __ rets ord dep Exploration Domestic 135 50 7% Mar Ltd— (The) Diversey 5'A 14% 1,100 135 135 . __ 16% 16'A 16% 1 ... A ' 12% Mar Dec 10% 57,400 5% 29'A 29% 200 29% Dec 29 »A Dec 50 Aug 50 Aug Duval Sulphur & Potash Co 26 — _ 4 29'A __ Eastern 4%% Gas & prior Fuel Eastern • __ — 5% 5 5 31,900 3% Jun 7% Jan States preferred $6 preferred $7 150 23 Sep 26% Mar 12% 3,000 12% Nov 15% Feb 1 6'A 6% 1,200 5% Sep 8% Feb Common 2% 2% 200 2% Dec 4'A Jan $2 ' 81% — 81% 111% 111% __ 1 IS Jtf l'A 325 10 73% — — — Oct if — Apr Easy Washing Jan Electric 2% Jan Electrographic — % Apr — 1 — Mar 9% 9% 9'A Oct 13% Jan 100 63% 63 'A 64 875 63'A Dec 74 Feb 24 % 24% 30 24% Dec 30 % Mar 7% 8'A _ _ Bond ..25 1 _ _ _ _ 10% Mar . 5% Sep 25 128'A Jan 165 Mar 131 % 131% • 300 145'A 145'A 7% « 25 116 Jan 150 Mar Feb Associates— Machine class & Share Corp Manufacturing Co 24 300 24 Sep 32 25 25 300 24% Oct 30 % Mar 13% 13% 800 12'A Sep 16'8 July B pfd 18 58 Sep 400 10% Jun 14'8 102% 102% 30 95% Sep 104V4 6'A 100 Sep 9% 20% 20% 21 13% 13% 13% .100 102% 1 ...5 . 28% Mar 10,900 5 —1 common _ 24 • common Empire District Electric 5% Corp int....1 30 beneficial of Empire Millwork Emsco . _ Corp series A series B shares 114% — -- ' common....10 Iron.. preferred Dec —— — 83 Sugar Jun 106 30,300 Eastern Assn preferred Malleable 23 % 2s 6d 28 3A 40 B Ltd Oils Co 12% £1 Nov 5 — Raynolds class Distillers 1ft 1 Foundry Mfg Co Products Steel & & Iron Devon-Leduc x5% 2,200 Manufacturing.. —1 Hardware Detroit 1,400 l'A 35 __ Detroit 6% 1 common— debenture Detroit 6 'A l'A _50c — A 6 'A A. common Mi'g 23 • 1 Jan — __ Inc Dayton Rubber Co class Dennison 16 15'A 10c Inc Mines Dejay 15'A .2.50 Hosiery Brothers Davidson 6'A 1 Dairies Inc Mills..— Crystal Davenport 15'A Ltd— dep rets A ord American dep rets B ord 9% * & Corroon 12% _• Light $5 Biscuit 15 11 Inc Coro 23 3'4 5 19.50 American For Gold 2.50 Carr-Consolidated Jun 12% Corp 3 liS * l Kennedy Inc & Var non-voting. B Eastern common Jan 12'A 10 voting A Sep 9% 10 2 common Oct 5% 50 Distillery Ltd— Corby (H) Jun 27% loo Capital City Products Capital Transit Co 7 12% 1.25 Engineering__l & Machine Cook Paint & Varnish Co Duro 86% 1 Ltd— Marconi 17% May 5.900 ' • common preferred Canadian Jan Sep 4% 12% Oil Continental Commercial 7& Sep Industries Ltd— Co Sep 4% 3 Jun 12 Ltd—• & Smelt'g Aviation Continental 3% 20 Oils Ltd vtc 11% 800 300 6 Apr Jan 9 % 11'% Drilling & Exnloration Co • Co Ltd 12'/a 5% Nov May 8% 42 l'/4 22% 4% 23 5 Ltd Sep 40 150 40 x4 'A Lines 'Inc——; Air Continental 3% 1 Co preference Southern 50c 1 Insurance Canada Canada common Estate Sugar 24 Liquidating Duke Cable 23% May 1 Corp.; Utilities Consolidated Driver Calamba Feb 1 50c 1956 to Nov 5% ii% Plan & Aug 1 B Line Mines 3% Nov 18 Jan 2.50 convertible Burma Aug Nov common class preferred Bunker 5'% 5% common.. Budget Finance ext Vtc Detroit 6% 17% 1 junior preferred Co Co Ltd Pipe Jan 47 preference cumulative L) Mar July 2% preference Rubber Dec Ltd— $5 <E »3« 4% July 5 bearer Power Nov l'A Dec 10 Service Consolidated Engineering 8% common Jan 26% Dec Nov Compo Shoe Machinery— Dailch 24 21% 21% 21 % reg rets ord 74 Feb % Jan ord dep Sep 22% Jan Dec 200 ord Columbia 60c Nov Dec 1% • Company 7% 2% 3 . 3 rets Bruck Mills 92 2,100 • common Co Brown Bruce 84% Tobacco— Celanese Brown Jan Dec 2'A • Co British 4% 25% Aug rets American Brown 10% Mar Feb __ % British American Aug 1% 3 . ; Oil 8% 19% • Light American 600 1,000 1% 20o Inc Light & Pwr ord Manufacturing Co British 8% — •' 8 Works common. Gas 25 - — 25% 8% L'm. 25% 1 Corp Rights • preferred.100 Co Gear Traction Bridgeport — • Inc Foote — ■ • (S) & Co common C) Co common (H 5'%% 3 common 65'A 5,100 18% —1 Inc Public Community Jan 16 8% 3% 9% ' Blauner's 175 25 % 11% Mar 21 Inc. Stone Co.. & Continental Foundry 1% 50 • & Power Ltd. Refractories Baumann (A Mar 4 6 200 6 'A 2 5'% Barcelona Tr Light Barium Steel Corp Beck Jan 13% Mar 24,100 6'A 50c ■ Basic Jan 6 18% Andes— Ltd Oil Jan Hi July Oct 700 Fund Consolidated shares American Banff 7% Sep 7% 10 8% 3 Oct 1 2,300 400 2% 8,300 3'A 4'A 18,900 33 9 —lc 150 117« 5 ordinary Development Airlines Colon Consolidated Royalty Corp 4V4 10 22% * __10c * Products Co.. Coastal Caribbean Oils vtc Cockshutt Farm Equipment Co Aluminum Club 8% I,! Jan 28% 8% 3 Feb 9% Mar 7% 9% Commodore Hotel A 37 Sep Dec 12% Jan 3 Jan 18% x19>/4 4'.'4 Jan 3% Mar 4% 69% 5% 7% 12'A 9 6'/« 26 11 % 1 1 1 Claussner Hosiery Co —5 Clayton & Lambert Manufacturing___4 Clinchfield Coal Corp common.___.20 116% -1 Oct Jan Jan 8'A Sep __1 90'% 10 1.000 18 40 Sep —1 10% Mar Dec 2,700 ui Co Consolidated Mining common., Jan 7'% t 50 —* Dec 3 Company Feb 79 7% 7% May 1% • ; A Rubber Sep May 24% 22 Inc.. Dec 129% B Baldwin 7% 80 Jan 18% 5% Bailey & Selburn Oil & Gas— Baker-Raulang Jun 67 6 % 22% 5 1 80% Dec 77% 1 common 5% Mar x5'/a 7 68% 100 2 7% 26 2,800 2 25 100 IG 11,200 1% 200 8% 1 Inc__ preferred Machine 7% 87'% 4% 1 Products 80 4% 6 l'A 72%. 1% 91 'A Oct Sep 36 5% 90 90 50 . __ 1 1% 1 Co. Jun 104 10,725 84 29% Mar 600 7 % 2% 82% * 4% Mar Sep 3 Jan 7% 1 10 1 Colts Manufacturing Co -10 Columbia Machinery & Eng Corp—10c 77 % Sep 26'A 3% 23% 7 % Colonial 10,980 123% 130 3% 6% 3% 400 7% Manufacturing Co Neon Claude 5,000 87% 5% dive. non-cum Voting com Co L D 3,000 4% Nov Jan 22'% Mar 700 17% 1 • Corp Non-voting Automatic 17% 17% • Fisheries Line warrants Automatic Jun 7% 800 21 24'A Mar 114% Mar 45% dlv) arrear Coast Plywood 19% 19% • America of Coast Atlas 10 £1 arrear Atlantic Corp 115% 115% new... reg Atlantic Atlas 7,800 8% 8% Jun 15 (The) Controller 3% Sep 14% 4 72 72'% 1 __5 Clarostat 10,300 21% Aug Machine^ Stamping City Specialty Stores Inc 4'%% convertible preferred Clark Nov 300 4% 3"b 5 10 4 Auto Clark 13 Ltd— Jan 17% Mar 15% 28 Consolidated Mining Wire & Cable Corp Circle Jan 109 Tel— Tel (ex A 8% 16 714 Industries- rets Laundries Associated Class dep 16% 5.300 16 50 2.50 Corp Electric American 3,000 America of common Oil Co Chicago Rivet & 22'% Mar Apr Jan 98 280 12% 12'A • Armstrong Rubber Co class A 4% Vo convertible preferred Aro 103% 104% 12% Oct 8% 900 10% 9% 9% 103% Apr common Cherry-Burrell common Chesebrough Manufacturing City 5 Light $7 pfd & Nov 22'A Co Corp Charter Chief Jan 15 2.40 Co 17% Co Aircraft 5% 4'% 2 10 1 2.50 10 —1 preference .Convertible Cessna 7% May 3% 10 Co common Investors Inc Century Feb 3'% Sep 1,000 4 100 Electric Century July 8% 10% 11'% 1 .—1 Appalachian Elec Power 4%% pfd—100 Argus Cameras Inc__—— 1 Arkansas Fuel Oil Corp 5 Gas 33'At Mar 31 28 'A »A — 49% 4 Jan 27% Products pfd Steel 3% 15% 100 1 preferred 3.50% High Low 3% Co— Power Maine 21 — Louisiana preference 20 49% Angostura-Wupperman Apex-Electric Manufacturing Co Arkansas $1.50 series $1.40 series preference Conv Central 850 £1 —— __ Conv 300 Anglo-Lautaro Nitrate Corp— "A" Jan Central 16,600 2 Anglo-Iranian Oil Co Ltd—American dep rets ord reg % 43% 2,700 Cenco 4'A — -- 20c . 100 100 8'A Corp of America.... Corporation Explorers Ltd Central Illinois Secur Corp Catalin 21% 22 5 Ltd--— Mines Products 1% May 4. 21% 5 Amurex Oil Development class A Anchor l'A Range Since Jan. 1 High 5% 1 * 10 1 1 1 1 * * Co 20% 2 5 Writing Paper common Jan Oct % ' common & M) 3% 10 American Seal-Kap common American Thread 5% preferred May (A 21% cl A conv__• Chem Republics Nov 5>A Aug 24 Products Castle Shares —— 20 4' -——• pfd—25 6% Gas Co Natural American American 7%. 20 1 Co Sep 8,100 if is t 48% 20 . Co Jan 48% 12 if 7% Co com—__25 Manufacturing American '% '"% 100 25 Beverage common American 3% 19 Casco for Week Low Par .v Jan Feb 95 " 92'% • Aluminum Industries common -• Ambrook Industries Inc. 25c American Air Filter 5% conv pfd 15 SAmerican Bantam Car Co class A—1 American Jan. 1 High 92 % x91 100 Aluminum American Low Sale Price Carter (J W) Co common cumulative preferred Goods Manufacturing $3.75 Range Since High America— of Co of Prices Sale Price American Stock Exchange Range of Prices Last STOCKS American Stock Exchange Sales Week's Friday Friday STOCKS 6 'A • — — 6 17% Oct 23 Nov Feb Jan July Number 5281 Volume 178 . The Commercial and Financial Chronicle . . 35 (2331) AMERICAN STOCK EXCHANGE RANGE Friday Last STOCKS American Stock Exchange Weed's Range of Prifces Sale Price Par Equity Corp convertible $2 Esquire 32% 1 Corporation Ltd $1 or 25c Line 10 common 3$'/2 1% 800 Sep 6 A Sep 17% Nov lA Jan A Jan Camera Oils Federated Fire Petroleums Association Firth Sterling Fishman Flying Ford Tiger A Class Ford Co Line Motor Ltd of B 193,, 113 1% * Inc 3ig 73 V2 4'/8 1 Inc 26 26% 1,800 — 11 11% 600 1 1U 3,200 Co (Walter) Kings County Canada— Co 5% v • cumulative Fox iPeter) Fuller tGeo 9% Jun 11 Mar 14 200 5% Oct 10% Jan. 59 Jun 69% Mar Kroy Oils Ltd 67 Oct 73% Mar Krueger Brewing Co 3A Sep 4% ' Dec 7% Mar Power When 3% 3,700 4% 5 Jun 600 Feb U May 4 Dec 7% 4,400 4'/a Dec 8 11% 11 5'/ preferred Gellman General Acceptance General Alloys Corp 200 10% Sep General Electric American ll'/a Mar rets Finance Corp Fireproofing General Outdoor General Plywood Corp Adv convertible 5'< General Public $5 6% Service pfd 100 Glenmore Globe $4.50 Manufacturing Co 1st OH Gricscdieck 103 10 Leases Lime Jan 108 Mar 5.6no 1% Jun 2% 9% Sep 12 Va 106 Laboratories 117% Lamp Hamilton Hartford Feb Jun 300 35%- 31 81 700 350 35 Jun 62 Va May 37 . 5,800 880 31 Dec 54% May Jun 27% Feb 20 73V% Oct 86% Mar % Sep IV2 Mar 50 36% 15% Oct 27% Feb 27% Julv 5% 100 52% Sep 21 Va 5% Dec 23% 100 — 5% Jan 16'/a 1,200 12% Sep 165% 167V2 132 133 225 144% Jun 129% Sep 2% 49,200 1% Sen 18% 6A 15% 5,700 12% Sep — 13% ^ar 8,800 — — 22 oec 36% 25 % 36% 25 % — io>/2 Jan !« 81 % -- 11% 13,100 46% 81 — Feb " 8 167% 132% 1%. 2*/a 17% 16 5A 6 xl5% 2 xl5% 100 Jan Mar 21% Mar 8,500 4 850 is 5 10% 34 sen Oct Jan Sep 170 Nov 135% Apr 2% Mar x21 Feb 8A Jun 19% Mar 13% 34 Class Hoe >Rt Nov Sep Co 2 27 2%' 6% Mines Inc Hardart common Co Horn & Hardart Baking Co„ & Inc 5% Jan 9 Dec 12% Apr 1% Oct 2% Jan 2,500 4,000 19 2% Dec 4% Feb 6% Jan 17% Sep Jan 12% 50 Jan Apr 93 Sep 160 89 8% 800 68% July 7% Jan ' 2% 1,100 May 14% May 21% Aug 99 Feb 72 Nov 9% May 2 % ' 6% Sep 9 Jun Feb 9 Jun 100 10% 12% 1,800 2% 2% 1 000 2 % Dec 12% 200 10% Sep ' „ 47 129 129 17% 18 10 Oct 11% Sep 12% 100 47 150 SeS 4234 __ 131 % Sen 12J 5 800 18 99% 100% __ 25% 25 25% 58% 58 59 5 Feb 700 12 __ 17% Oct 40 98»A Spd 300 Sen 25 It 9,600 S3 12'A Aug 16% Jan Tv Mar 15 16 47 152 23% Ian 30 Mar 74% Jan 100 2% Sep 4Va Mar 4% 1,600 4'/a Nov 5 14% __ 3% 15% 1,600 137/a Nov 13% 131% 13% 750 12% July Preferred America Metal __50 Industries International Petroleum International Investors Iowa 3.90 'V 20% Jan Jun 27% Nov 37 9% Jan 11% Oct 6% May 77/a Oct 10% * 900 7% 2,000 91% 93% 360 77% __ 10% 7% 10% __ .79% 79% 1,400 * 6Va Feb Jan • — — — — __ — ■ Oct 103 Jun Jun 12% 800 10 Apr 2% 2% 4,600 2 Sep 13,000 18% 80 100 * 1 5% 5% 5% 1 3 3 3 Sep 25 119Va Mar Dec j Oils Ltd Kansas Frr Gas 100 14% Jun 16% Nov 16 — 16 7% __ 3% — 3% 36% 4% 7% 100 3% 3% 3,900 4% 3 35 4% 3% 100 900 41% 4,850 5 6 * 9% 10% Jan May 84 Jan 9% Dec 15% Apr 200 57/a Sep 12 1,300 27/a Oct 2,000 5% Jan Jan 3% 3% 3% 500 3% Sep 5% 1% 1% 1% 13,800 U Oct 5% Mar * 14% 147» 200 14% Dec 17% Mar I5c 1 A 1 A 14,400 1A Sep 3% Mar 1,\; 4%% footnotes see page 37 pfd—100 2% - 2% 2% Jan Feb 7% Nov 4% NOV 4'/a Sep 3% Sep 3 Oct Dec 3% Jun Jan 43 Va May 4% Dec 5% Oct 7% Feb 20% 6% Jan 37% Mar 14'A 14% 50 % 50'A 51 23 23 23% 10% 11 550 200 6,300 100 45 Va July 38% 10 9% 10 Apr 45 10% Dec Aug Jan 18 13% May 14% Aug 41% Apr 51% Dec 23 Dec 26'A Nov Dec 15'/'2 Feb 9% 3,100 100 100 3Tj 23% 175 10 — * — 19% 8 1 10% 5 17% Jun 34% 40' Feb 21 19 8 10% 10% 19Va 23% 12% 7'/a Oct 23% May 10% Jan 9% Feb 10% May 14% Jan 16'A Sep 24 % Mar 22 Jan 26% Mat Sep 15% May Jun 15 V2 1,600 xl4% 15% 4,700 3 5% 2% 4A 3 5A 3,500 „ 350 2,000 97/a xl3 4'A: Mar 102,200 3% Nov 5 A Dec 9'% 1 25c 15 1 1 2.50 16'A 17% 7 16 7 — Jan 29 Dec 12,300 11% Sep 21% Mar 6'/»: Jan TVs Aug 6 6 11% __ 10 7% 1 1 13% 11% ll'/a * 1;,' 2% 6Vn 11% % 7% Midwest Piping Co Mid-West Refineries Miller Wohl Co common 4%% convertible preferred Mining Corp of Canada Minnesota Pwr & Light 5% pfd Missouri Public Service common 13% 12 „ 10% 10% — ^*7 15,400 2% Nov 95% Aug Jan 57/a Mar 105 4 y. -- -- * 100 — -- — 2^/4 26 Molybdenum Corp Monogram Pictures common Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumul preferred series B—100 4.50% preferred series C 100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A • Moody. Investors participation Pfd—• Morris Plan Corp of America 10c Mt Clemens Metal Products J* -- 5 —1 50c -50 * 1 1 Dec 3% Mar 6 Sep 8 Mar Apr 14 Aug .3, 44 4 4 4 8 -- 13 7 700 Dec 1 Va Mar Jan 8'/o Aug 14% Mar 2,100 10% Sep 5,100 11% Sep 15% Jan 50 10% Oct 13 Jan 24% Sep 26% Mar 12 Sep 1,000 100 4% 20Va 43 * H 4 5% Feb 29 4% 1,200 5% Mar 29 Sep Sep 33 V2 Mar 10 Oct 15'/. 4'' * H 104 Oct Jan 26 Dec 25% Sep Jan 57% 20,500 5,500 140 , 2% 86 4% July 96 yo -- -- 2 « 5% »0 H Jan Jun 22 500 Jun 17\'a 172 ^ 3*/2 5% 5% 800 2% 180 157 Jan Nov 3'/a Jun 34 Sep Jan 1,300 47/a Nov 96 98'A Sep 100 Jan Dec 103 Va 88'A Jun -- Jan Mar 3% Mar 1% Sep XlOO -- */4 17 '/2 Mar Oct 300 3,200 4 Jan Nov 176 37% Mar 5% Mar 37/a July - « -- - .VI/* 102 a « Piston Ring common—2.50 Muskogde Co common.— 10 Muter Company common 50c - .ioy 10 £ g 7% 7% - 6/a 3% 15 9,000 23 Oct Jan 17% 14'A Feb Apr Dec Mar 114 230 , 7% -- 6,a 6A 13 4'/a 13 4/2 96% Jun 20,200 104 ^Z4 -- 5% Mar 3% Mar -- Muskegon 8 100 7,100 1,300 -5 Murray Ohio Mfg Co Jun 2'A 500 1 Tel.———100 — -1 60 Jan 300 150 13 " 50c 100 55 2'A — % 7% * Corp Dec 2% Aug Merritt Chapman & Scott Corp— Petroleum common Jan Feb 4 600 2,200 14% Metal Textile Corp common Participating preferred Michaels Brothers Inc Michigan Bumper Corp. Michigan Steel Tube Michigan Sugar Co common 8% preferred Sep 900 20Va ll7/a Co Feb Sep A Dec 3% July 1 1 Mcsabi Iron 13% 22'A Nov Jan 14 £1 • 10 Sep Jan 9% 18 28% Jan __ * 1% Nov 600 25% Jan 33*/a Mar 2,100 7% Sep Jan Jan 9% Jan 42%. Jun 6% Sep 8'/a Mar 17% Mar 27 500 4% N 1® Corp Namm-Loeser's Inc — Dehydrating Alfalfa Milling 1 1 Co National Bellas Hess common National Fuel Gas 1 • 1 National Phoenix Industries Presto Industries Inc Radiator Corp ;—L Machinery Rubber — Radio— Meter common Nestle Le Mur Co common— New British Dominion Oil Ltd New England Tel & Tel— Neptune Haven Clock & Watch Co— preferred New Idria Min & Chem Co New Jersey Zinc— New Mexico & Arizona Land convertible New Park Mining Co— Process Co common 1 10 1 National Starch Products Steel Car Ltd National Transit common Union 25c 10c 2 4 Co. National Research -- 4% • 1 4% — 15% -- 1% 2 9% 12% 17Va 15% 12% 17% — 18Va — — -- — 3 3 1% 2 — 1% 1 Jan — 2 116 5% July 4 Sep 8% l'/a 13% Sep Jun 16% Mar 200 11% Dec 17 Jan 1% Dec 3 A Jan 33,700 1% Jan 9'A Dec 3 July 13'A Mar Sep 13 12 Jun 19% 1,000 13% Jan 21 Mar 17 Jan 20 July 25 Apr 28'A 500 400 * — 27% 27% 10 __ 7% Oct Dec 3 Nov 4% Mar 1% Sep 3 Jan 2,100 20% Jan 25% Apr Sep 4% Jan 100 100 /a 51 10 28 7% 4 18,800 lA Sep 1,210 109'/a Sep 2% Jan 5% Jan 41% i2y 10 Nov x9% 2,200 40% % Jan 2,000 150 11% 51 2% 11,500 6/a 1 % * Jan 7,100 20,500 3 12 ~1 7,800 6% 1 6% 1 41 common Merchandise Jan 3 — York York Sep 37/s 100 York & Honduras Rosario New 14 % 9,600 23 23 /a 4% 4% 1% 2},f 114% 116% New Co 2 2'A 10 13 18,4 15% 19 A 23% 50c 2 15/a iim l.« 30c —25 4% l /• 15% 11% 2'/a x9% 2.50 -1 40c 100 1 —20 4% 51 10 Auction 100 600 , & New 1 Jan 9 9% 2% 100 14% • National 5% 1 15 4% 5% Jan 300 6 __ 4% 1 30% Mar 13% Nov —_10c Corp & Electric 10'A Aug Mead Johnson & Co National K Motors Apr Menasco Mfg Co Merrill Petroleums Ltd New Kaiser 7 Va xl8% 22Va ll'/a 4'/2% — 1,000 10% 1 common (The B) Co Communication Co Ltd Marion Power Shovel Massey-Harris-Ferguson Ltd Mays (JW) Inc common McDonnell Aircraft Corp McKee (A G) & Co common McWilliams Dredging common New Jupiter 5'/a Dec 24 Jan 32% J O'Malioney Inc Julian & Kokenge Co 1,200 23% Stores Mapes Consolidated Mfg Co Marconi International Marine National Jeannette Glass Co common 5% 9% 1,000 National 12% Jerry 9% 5% 9% 12,400 Jan 2% — __ Oct Sep A 15% Mar. 27 - Ironite 17% Mar Sep 4 5% 100 10% 100 12% , 10% 3,800 21% 100% Co— Inc 500 6% % 15% Jun 1 Air Chute Sep 4 10% Dec 17 Iron Fireman Manufacturing, v t c Irving 11% 21% 77% 5 . 8% VMar 4 10% 83 20% . 7 5% — National Mfg & Stores common National Petroleum Ltd 19% preferred 11% 21% 16% Oct 9,700 30 20% A Service 29 capital stock-* Products Royalty Public A 2A Mar it Sep Jan 5% 29% • $3.50 series International 6 3 National 5 Cigar Machinery Hydro-Electric— International 11% 4 10 National American dep receipts registered—£ I North 900 Feb 107 4% 4% • Imperial Oil (Canada) capital stock—* Imperial Tobacco of Canada 5 Imperial Tob of Gt Brit & Ireland—£1 Indianapolis Fwr & Light 4% pfd__100 of 7% MountaUr States Tel Muntz TV Inc.—— Jan Imperial Chemical Industries— Co 7 —- Nachman Illinpis Zinc Co common Insurance — Der S5 I International Feb 7,900 6 % cumulative preferred 4 Mt Vernon-Woodberry Mills2.50 Mountain States Power common—7.25 Jan 3 __ * 3% 12% 12% ■ Sep 10% __ 5 Hygrade Food Products 27 xl'/a 6% 5 common Jan 7% * Manufacturing Co__ Hydro-Electric Securities 30 400 18% 6% * & Sep 13'/a Refining capital stock—* & Sep 50 6% 63% Mar 3% 1,100 2% 100 (Harvey) Oil 4'A 11% Jan 2,200 1A Midland Oil Corp $1 conv preferred—• 1.300 13% 2% 15 preferred Loci: 7 8% • (Geo A) Sep 2% 1 ,l0 Midland Steel Products— $2 non-cum dividend shares Mid vale Co common Mid-West Abrasive 4,600 2% 21% 92% • ic Jan 2% 2% Dec Nov Nov 20% 8% 5 1 common Oct 11% 1 Ma! 1% 13% 92% 8 l'A Aug 20% __ 5% 3,200 400 27 21% 2.50 A Horn Humble Jan 10 Hormel Hurd 60 51 % 1% 3% 9 2 26% 2% 6% 1 preferred Inc Co Holophane 5', 200 51% 1% 3% 9 —10c common class Co & Stores Hubbell 23 100 Holllnger Consol Gold Horder's 20 Nov 100 1 Products Steel Mfg Holly Jun 21'/a ♦ convertible 5'.f 14% 300 2 common preferred Higbie 400 22% 51% 1% 3% 9% 2'/a * 4 A preferred Henry Holt & Co common Hercules 20 —25c common A Co 5% '' 19% 22 5 Co Rubinstein Heller 3% *Dec *3 ♦ Stores common Dept 2% 2% 1,900 __ 2 1 _10c Corp Mining Helena Feb Sep 1% 20 25 1 Mfg Co Hathaway Bakeries Inc Havana Lithographing Co Hearn 1% 1% ♦ Hastings Hecia Jan 12% 9% Co Rights Mar 23% 42 % % 6% Sep Maine Jan 11% 23 % ' 150 l Light Brewing Co Hazeltine 18 200 Public Service Co Mackintosh-Hemphill 4% Mar 5 Co Electric Harvard 18'A mm Manischewitz — 1 Organ Company iif Jan Jan Sep 400 2% 2 Mangel 10% Co (The) Middle States Bridge Co Ltd Hammond Feb 9% Mar Nov 108% • Inc 3% 37% Mar Aug 8% Apr % Nov 12% 9% 1 Corp Lynch Micromatic Hone Hall 2% Jun 12 9% 5 Jun H Haelan Dec Jan Jan Lunkenheimer Jan 100 22 10% 23% 9c Alabastine & Feb 11% 36'A .H-Jy 27 1,500 % 1 * Chain Steel Longines-Wittnauer Watch Co Louisiana Land & Exploration 15% 7 1 Brewery Products common Stores Gypsum Locke 12% May 6% 50c Co Western Grocery 200 Warrants Inc Freehold Gridoil Apr 9% Aug 34% Mar Oct 7 100 Chemical & 5% Dec Oct 20 • preferred Lakes Hydraulics 1,300 * Dec 10% 5 Pacific Tea— stock 32% Jun 14% — 1 10 * B 16% -- 50 Co Sep Feb 24% 1,600 Class 11% — 1 common Great Jan 18 Va Mar ' 8% 9% • Mines Manufacturing Greer 2% Liberty Fabrics of N Y 5% cumulative preferred Loblaw Groceteriaa class A 12'A 10 l preferred Consolidated Atlantic & Le Apr Sep • prior Jan 3 8 9'/a * B Inc Co Non-voting 7'r Oct Realty common Tourneau (R G) Inc 2,900 5 class % __ 5 25c 1 Lefcourt 2% Dec x8'/« 9% Manufacturing common 4 Graham-Paige Motors 5% conv pfd—25 Grand Rapids Varnish-1 Great Sep 12V4 103% 8»/a Gorharn Gray 1% 1,800 V 4,000 • Coal Jan 26% Jan 8% Dec Apr 1% July 12 Va May Sep 14% 5 50c University preferred conv cum 2%. ; 2% 2%.~ * • Sugars class A Goodman Sep — 1 : common 2% 37 __ 10 Co Extension Salle 5% 5% May 112'A July • B Goldiield Sep 1% • Union Class 9% 600 Nov 99 % 13« 1°% 1 Distilleries Godchaux Sep 1,200 preferred—* preferred • Co A!den 106% 3% $6 Mines— 2% 35% — 1 5 Lear Inc common 87/s 24% 27 105 105 l3'» 17« 10% 10% -- 20 Gladding McBean & Co Glen La Dec 300 — __50c Corp C) (A Gilchrist 1% 25% 5 common Giani Yellowknife Gold Gilbert Jan 21% 5 10 preferred Mich 3Va 10% 1% f/2 £1 pfd A preferred Georgia Power $6 Gerity 227/a 15% 1 reg 5% 2% — 1 Ltd Sessions & Oct Nov 102% Mar -• ■ 25 common 800 1,300 5 1 Inc Foundry & Machine Lamson Corp of Delaware •' ord General General 11 % 1 Lakey Ltd— Co dep •' 3 10 l'A l'A .l'A * General Builders Supply Corp com 5'< convertible preferred 30 11 -- 33%c Co Mines Shore 20Ya 7,100 21% . — 3 10% 1 Co — ■ — 1 common 1% 8% 34Va Mai • 10 5 7.50 Company Apparel L'Aiglon Lake 20 Va 20Ts 21 — 100 Mfg Co 29'% 20c Forge Laclede-Christy Jan May Lamson • * common 13% Nov 5 4% 4% __ % 7,500 4 __ 1.25 Co 26% Dec ;Vf % % 1 distributed Apr 11 -jj G Gatineau (The) Kropp 3,700 4% 4% 75% 3' . _4 bearer Co A) 200 6T|'i 66 . Brewing Sep 5% Ltd— deposit receipts Brewing Co Pitt Jun 3% 10% • American 62% 7,800 —' 1 10 1 Kirby Petroleum 50c preferred Kirkland Lake G M Co Ltd Klein (D Emil) Co common. Kleinert (I B) Rubber Co Knott Hotels Corp Kobacker Stores 28% Mar 3A May 7 IS Jan lfc 11% * 50 1 common preferred 590 ' 66V2 American deposit receipts ord reg—£l Ford Motor of France— Fort 5 Co & Lighting 6,800 5 '/a - • Sep 1A Sep 1% High 21 % • common Kidde 4$,. 75': * 4% a 10 1 17 137,000 2 3% 3 600 23^ 73% 2.50 non-voting voting Motor 19% —10 (Phila) Inc.— 1MH1 Class 1 25c Low 26% Kingston Products Instrument & Ltd Range Since Jan. 1 High 5 Key 32% Mar F Fairchild Low * Co Kennedy's 4% Fargo Shares Kenwell Oils & Mines Ltd Aug % Aug 10 for Week Inc Kawneer Mar 5 Sales Range of Prices Par Jan 2% 35 3,400 lbf2 Sep Week's Last Sale Price American Stock Exchange High Nov 19,800 V»« , 32 400 18 Va __ 11 STOCKS Low % % A Pipe DECEMBER Range Since Jan. 1 4,200 5 Warrants Eureka ENDED Friday Shares 178 32 Va WEEK for Week Hwi 1% 1 preferred Inc Eureka Low 10c common— FOR Sales 2,300 13,700 1,600 9,200 50 1 1% July Jan Dec ll'/a Nov % Sep 51 Dec 4% May 10V4 May Oct 40 'A 2i! May II6V2 60% 23 ■ ; :<■ May l'A Mar Dec- v^if62V2 Mar Aug 100 9 1,150 25 Apr 50 7 May 10% May 28% Mar 9 Feb ; The Commercial and Financial Chronicle .. . Monday, December 14, 1953 (2332) 36 AMERICAN STOCK EXCHANGE RANGE Range Founders shares Pond— Niles-Bement Lites Noma Oct 19 14% Sep 20% Mar 1% 1% 1,700 4% 4% 3,300 7« % Serrick Corp 2% Mar. 1% Aug 3% Aug ') 1 1% 1% 1% 1% ,3* 1% Oct 3% Mar 40 % Nov 4472 Mar Dec 3May l.j 37b 1% 7,200 2,000 1,400 17 9374 10 24 24 93 74 2674 6,400 92 877a July Sllex 20% 29 7a Jan Ohio Old Town Corp common cumulative 40c United Oliver preferred Radio & Telev Olympic Inc Omar class Filters 30 95 Jun & itf 6,300 Sep 19% 207b 5,300 18 Jun 7674 225 63 Apr 1,400 8 Nov a 8% 8% 67B 6 7B 200 6 50 15 Sonotone Apr Soss South Coast 16 74 Jan South Penn 67/a Feb 3,900 Nov 17 Dec 367b 38 74 400 35% Sep 52 72 Jan 17% 17% 18 600 157* Oct 19% Can Gas & 5Vi'/o 1st 5% Co 5 common. Electric 6% Feb - Lighting $4.50 preferred div cum preferred $4.40 dividend $4.75 Pacific Airlines Northern Petroleums Pacific Power & Public Service $1.30 Light —: 5% Petroleum Oil Paramount Park Pen Class (C 600 16% 16% -- -- 3 • 1 * 20 Corp v common common .. 4% 157a 31'.2 5 * 16% 32% : — — Corp Penn Power Penn Water Pep Boys Light 4%% & Power (The) Perfect Circle Corp_ Pinchin Johnson Pioneer Gold Ltd Amer 25 — Mines Metallurgical Pittsburgh Railways Co. Valley Wine Co Polaris Scale Power & 1st Pratt & Pressed Metals Preston East Producers Co Mines Service 4% 7* Puget Sound 1772 Nov 36 5 Oct 500 5 July 5% 6,100 13 11% 5% 95 108 Jun 33 Sep 100 3% 27/a 4% 4 1% 2 2 3,600 Ltd.. 1,840 69% 68 600 35 35 (S) Sun Ray Co Drug Sunrise Swan Jan Finch 32% 24% 23% Mar 8% Mar 40% Jan 48 \ Jan 70 40 May 500 26 Mar 28% Mar Jun 35% Mar Jun 33% Mar 800 22 7a Jun 26% 100 227* Jun 247/a 800 2872 5 3 57a 3 800 x4% 100 2% Sep 5 78 Jan 1% 3% 3,100 7/a Aug 2% Jun 2, <00 37b Sep 674 Apr, 57a 172 372 . Jan 5 Sep 8 Jan 1,200 35 Sep 49 Mar 18 12 V2 40% 16 24% 13% Feb 100 20% Sep Apr 12 7b 850 Feb 42 Nov 11 3,900 17 72 Jun Jan 1872 Sep 20%' Jan 3,000 Sep 38 600 12% 41% 16% 25 774 May Feb 267/b Oct 11% 16% Mar 12 3,100 14 Sep Sep 15% Mar 10% May 874 87a 700 7% Sep 3% 3% 2,400 374 Sep 6 7a Feb 5 5 4 Sep 6 72 Jan 1,800 27/b Jun 4 74 Feb 200 x2tt% Sep 3472 374 3 78 317a __ Cement 374 317a 14 74 2% . Corp 18 13% Dec 18% May Mar 9% Mar nVt Jan 27a 800 1% Sep 3 7b Mar 3 20% 1,000 2% Sep 4 Jan 23 72 Mar Oct 20 175 __ 3 7a — 3172 Jan Sep 20 74 Feb 57b Jan 4% Sep 200 9 100 7% Sep 9 74 Oct 150 x27 % Feb 38 % Dec 387^ 312 — — Apr Jun 16 500 4% 4% 9 37 2 7a — ; 18% 18 9% 672 7,600 9 Jan 28 25c —.1 * 1 15 Inc— Jan Jun Jan -- 187b 2 Jan 272 1».'n 200 14% — — 3% 300 900 2% 3 16 74 xl6% 2% xl6% 14 7a —.—1 • Corp.— 200 -- 2% Jan ; Jan 16 Sep 1074 10.000 N 4 Mar May Sep 25 % Dec 1% Sep 2 74 Jan 1% Sep 3 74 Mar 17 577a Jan 75 28 Sep 38% Oct 11 7% 600 6% 3% 200 2% Aug 3% 3% % 6 % 50 50 41% 1 x2% 1% 10% 40% Mar Oct 112 July Jan Sep 44% Feb Aug 11 Oct Talon Inc Class class. B Technicolor Inc Texas Power Thew Shovel Thiokol Thor 1% 10 & Light Co — & Security Allied 1,500 1% Sep 2V2 Jun 900 7% Apr 10% Dec Toklan x8 % Jun 2,V 9% 1,100 1,700 1% 900 8 97 75 90 31 30% 31 400 13% 14'% 34% 33 35 12% Mar Dec 313 Apr 9% Aug Feo 100 • __5 common. Manufacturing lo May 2574 65o 12% Sep 500 22% 3174 Jun Apr _ Nov Trans Lux True Trunz 105% Jan Sep 1,100 14% Dec 1574 22 18 417b 40 21 150 7 6% 7 Sep 13% Mar 3174 May 17% Jan 2874 May 2372 Oct 8% Aug 900 Jan 16% Sep 19% Mar 1,100 45 6 7b 1,300 Xl8% __ 35 72 Apr 50% Oct 6% Nov 5s — 800 u Jan 42 7b 43% 1,950 427b Dec 2% 43 2% 4,100 2% Sep 47/a 94 7B 97 72 2% 1 IS- US 1 Jan Jan 25 85% Jun 8,500 174 Oct 2% Feb 16,500 1 I!!T Sep 4 Jan X37B 500 2% May 4 Jan 5 7b Jan 4% 17,600 3 74 Sep .18% 19% 350 17 7b Sep 19% July 17% 17% 40 167. Apr 18 4 * 4 18% _ Oct Feb 1% % 3 warrants... U 58 2 7b 1% __ * « Inc July 94% 20 _ 5% __ 1 .-1 1 M 1 Corp May 8% 18% £1 Corp Temper Nov 1,100 14% _ Tri-Continental 17 7% 1,200 217b 70c Corp Toledo Edison 4 74% preferred.^:—_ .100 Mining of Nevada Empire Oils Ltd Nov __ 14% Royalty Trans 19 7b Mar 37 72 Sep , Co Amer Feb 101 95 Jan Dec 10% 5 1% 9% 14 Jan 15 53 22% 1 Stocks Trust Nov Jun 30,600 22 1 Roofing Inc Realty & Construction Tishman Tobacco 1 157r4 Nov 107 b 40 10 10 25c — _ 15 10 % 600 400 21% __ 20 ___ 1,050 . ■ ■ 1 common Markets Inc 11 10% 52% 14 14% * "5 _ Corp.. Corporation Tobacco 10% 107b 52 7b IIIi pfd $4.56 common Tonopah com 10% • Ltd—■ deposit rets ord registered. Amer deposit rets def registered. Todd Shipyard Corp common 97 8% 10% 5 common common Chemical Thorofare Tilo —.5 A. common common Electric Co Tampa 10% 9% __ Jan 8 74 Mar 3772 — 9% Nov 8% 41% 41% Mar 4 7b Nov 33 110 Jan 23% Mar Nov 5% 6,200 34% 5 Mar 3% 3% May 2,800 34% • preferred Timber 11 Sep Dec 40 8 74 Die Co. & 572 29% 32% 25% 23% 57a 40 8% common Oil Aug 5% Mar Dec 600 3,900 317b 20% common Superior Portland 77a 1,000 20 Dec Aug 4 45 , 27% ..—.5 Supermarkets Superior Tool Feb 7 4% 7% 674 31 2 2% 20% common. & Jan 4 2,000 5 5 —1 —10c .1 * — Corp Stop & Shop Inc.. 1672 3% 6% .1 B & Co Stroock B) Jan 4'/s 3% com — (Hugo) 7072 Mar Jun 72 3% 1,900 Jan (J 42% . ——.— Stinnes Jun 13 1 % 3 72 Sep 58 200 14 Jan 4174 Mar Products Inc Co ' Stetson Sep 250 400 63 % Feb 14% Mar Sep 525 1.600 39 Feb Jan 7 74 May Colorado—• Pulp Pyle-National Pyrene Sep 25 1,000 6 12% 10 600 • of 500 18% —1 Nevada.. cumulative Sterling Aluminum 15% 25% 1,200 2.50 Providence Gas Public Dec Dec 87, * common. Sterling Brewers x4 • America of 4% & Co (A) Sterling Engine Sterling Inc 23 3'% • class Feb Steel Stein 317b 1 B Corp Aug 100 Dome Corp Prosperity 60 Jan Steel (The) July x3% 3% __2.50 common common of Feb 572 Mar „ ____————1 Co of Canada ordinary —• Parts Corporation —5 Starrett 4,900 1 T Corp class 15 10 Co Inc. Sep 2 V2 Sep 7% preferred Lambert Prentice-Hall 6772 July 174 Feb 3% Dec 69 Tube 15 22% 35 1 ... common 25% Sep Standard 17% tvjiar 1 Products Co Standard Standard-Thomson Jun 4% 68% 25c of Canada 24 % Jun 2 5 common common Alexander Corp 6% Jun Aug 1% 50 Mining Co Powdrell Jan 2174 53 14 ... 1 Pleasant Pneumatic 103 72 10,700 22% ' —1 Corp common & Lake Erie Pittsburgh 7,300 Jun Apr Nov 5% Mar Feb 10s Piper -Aircraft Pittsburgh 1% 3% 62 - __ 1 Ltd.— 300 25% 977a 4% 33 Jan 12% — 14 B__ class Jan 6,800 — 45 27 29% Light common——T • & Power Common 13% Mar 6% Aug 16,800 Standard 3% May 3% 3% __ „10c shares Nov 1274 37% 62 % • 2 102% 104% __ 2.50 Phillips Packing Co Phillips Screw Co Pierce Governor Common.. 4.900 12 7a 12% 13 39 Pepperell Manufacturing Co (Mass)—20 Dec 17 5% 103% l Jan Jan 104 50 5% 6 • 102% 10172 Jun 100 14% 100 Jun Jun 96 200 25% 1 pfd Co.. 91% 90 560 13% 14% 2.50 common...—„_ & 850 200 3,500 3% July 18 7b Jan 4 7Ja 5% 29 % 4 7a 7% 674 — 13% 25 % __2 Jan — __ 1 Co Jan 277a Nov 4% Mar E'dison— California 13% ., 13% * Ltd. Co 28 '/4 Jun 24% . * 1 1 1 12.50 Co^bmmon Oil • — 4% 15% 31% £1 —- Corp 13% —. 2 Sep 23% — — __ 1 A 8% 257a 25 7a 600 Feb Dec 17 74 Mar Nov 2972 -- __ Jan 200 __ __ 2 Traffic 25% 25% l 1,700 -- 1% Parkersburg Rig & Reel—.— Plymouth Mills— Penn Jun 28 7a 3% Patchogue Patican 287/a Mar 1% B Pennroad Jun 3% Corp class 25% vtc__2 Bol Company Co Jan — __ • Jan 100 700 3 /*. a Nov 28% Sep Jin 2% -- 3 /4 777b July 2172 16% • Jan 105 Jun 15 Feb 44 Jun 9674 19 __ Jan 317a share—1 Bol A) Amer Motors Chemical Parker . <C A) 16 y3 34 74 Jun 100% 101 — • Jun Jun 27 74 8% 8% • 12 30 7a 1,200 102% 104 2% 2% 2% —100 preferred Page-Hersey Tubes common Pantepec 98% 1 pfd common 1st Pancoastal __ 104 1 Ltd Pacific Pacific 26% • 400 3,000 30 7, 27% 27% 27% — * • preferred. 14% 33% 27% 27% 27% 26% 26% 98% 100% 98 98% 33 7, 307, 27% 27% 25 25 5% redeemable 1st preferred——25 5'Jo redeemable 1st pfd series A...25 4,80% red 1st preferred ——25 Pacific preferred 147, 32% 30 ._ 1st pfd—25 preferred—— 1st 65 10 150 25 iwV_^.v 25 4.48% convertible preference——25 7 _. 4.327c cumulative preferred: 25 2574 4'08r'o cumulative preferred —25 Southern Pipe Line—— ——1 57a Southland Royalty Co ; 5 Spencer Shoe Corp —1 — Stahl-Meyer Inc • — Standard Brewing Co 2.78 Standard Dredging Corp common 1 3'/b $1.60 convertible preferred .20 Standard Forgings Corp—. 1 12 7a Standard Oil (Ky) 10 41% Standard Packaging Corp ——1 16 74 Convertible preferred 10 25 P Pacific 500 26 Oct 87s Sep 37 7* May 103 • 7% Mar 14 72 3% 300 • Jan 11% Mar 26 — Pacific 200 2,300 103 original preferred 4.887c cumulative preferred— 4.567c convertible preference— 20% May 3% 5 4,400 41% 76/2.77 Jan 7b Mar 177/a Mar — 57c 97a Mar 125 40% __ —* — Manufacturing Southern 23 74 Mar 36% O'okiep Copper Co Ltd Amer shares.lOs Securities -1 Overseas Smith Nov 3% x4% 67b Sep 26 Amer Jan 17 7a 3% 1 4% a 1572 May ft Sep • Pattern common Ltd common 8472 Sep Nov 14 6 a 14_4 4% 41% , 5 ' -H ,* High Oct 4 1,300 a i« 5,a 25 Ltd common 20% Jan 1672 Singer Nov 108 4% 100 of Manufacturing Co Manufacturing Co Ltd— ' dep rets ord registered., (Howard) Paper Mills— Singer 57 72 Mar 17 "3% 1 Inc 1 9 IV2 16% 6 7B • B 9 * 2 Sep 4 9% 300 10% -- -* Publications— convertible preferred $3 Jan 372 75 25 1 7 common— Dec 274 20" 7.50 Gas__ Company 44 10674 106% —_90c Natural Oklahoma 275 44 Low 400 Simmons-Boardman Jan Oct 272 3,000 44% 100 Ltd— Oils Okalta Okonite 1% 1% 44:% 1% 1% • preferred 4 VaS Power Co Simplicity Simpson's 50c common Ohio Brass Co class B common Denn Mining Breweries Sicks 98 % -- Canada—— Corp of America class A Shoe Jan Mar 4% Nov Jun --——20c * —5 common.— 4% preferred Sherwin-Williams 22% Mar Sep 2% 82 V2 2% — — Shawinigan Water & Power.— Sherwin-Williams common Jan 100 1 13 1 18 18 3 74 Jun 2,100 1% 41 41 — V8 10,300 o Corp Ogden Leather Seton Nov 5 7a 4 Sentry Shattuck Ltd—• Amer dep rets ord shares.-. 1« Norden Laboratories Corp————1 North American Rayon $3 preferred_50 North Canadian Oils Ltd. —25 North Central Texas Oil 5 Northeast Airlines —1 North Penn RR Co 50 Northern Ind Pub Serv 4 7, c/o pfd—100 Novadel-Agene Corp • Products Metal Non-Ferrous 15% 2,200 1% 1 Inc__ Safety Control class B Servomechanisms Inc Jan 2,800 17% —1 10c --1 common Mar 15% 17% 16% 4% 1 Mines— Nipissing Corp. Radio 10 % — Range Since Jan. I High Low —12.50 Sentinel xl6% 27% ol Prices Shares Sale Price Co. Shoe Nov 23% 17 7b 27 for Week Par 16% J 5 common- Range High Selby : Corp Share Niagara Week's Last, American Stock Exchange Range Since Jan. 1 Low 400 Sales Friday Shares Corp— Shipbuilding York 11 DECEMBER STOCKS High Low Par New of Prices Sale Price American Stock Exchange ENDED for Week Last STOCKS WEEK FOR Sales Week's Friday — Jan Q Quebec Power Co 1972 • Jan 21% Oct u Ulen Realization Corp Unexcelled Utility Investment A__ 1 Rath Packing Co common... 10 Raymond Concrete Pile common • Reading Tube Corp class A 6.25 Railway & Class B Pump Shoe Co 500 41% Sep 100 57b Apr 74 & Co Remington Arms Engineering Inc Co Oil Nov Union Feb United Aircraft United Sep 5 Jan 14% 7b % 1,400 24% 25% 1,100 8% .• 8% 24 9 878 7,600 24% 300 172 700 24 Apr 1% Mar Dec Jan Sep 28% 9% Dec 27% Mar Sep United Milk 1% 5 4 — 3% Feb 1% 2,900 3 7b Oct 9% Jan 33 7b 500 26% Jan 33 % Dec 7 7b Aug 10 72 Jan 92% ... _ Co Jan 3 J,8 32% 3% * series Yards Stock 10c _ 93 % 425 8872 Jun 96 Jan Sep _ California— Elastic 5% 100 7b of 9 7b Feb 500 7% 21 Co preferred 5% 3% 1 Inc Investment Union $3.75 _ Corp Canada Union 6% 1 of Nov 6% 24% Gas 6% 7% 5 Union 57% May 6 1 & ajn 23 74 May 6 l Electric Rice-Stix 300 46 74 II 1 Co. (Robert) Reliance 22% 45 % 4 -- 10c Reda* Regal Reis 22% 4674 374 July 217b Jan Chemical of * A Omaha Products 92% .100 5 74 5% 20 Products 36% 36% * common 73 __ common. _50c Corp 5% 37 9 5,500 4% 100 9% 34 7b 75 80 Jan Apr 6 May Sep 43 Mar Jan 13 7 Aug 3% Jan 4% Oct Jun to CO en £ Feb United Molasses Co Ltd— ' Oct •Amer 10s dep rets ord registered United NJ United Profit RR & Canal , 100 222 . 224 20 221 1 Richmond Radiator Rico Argentine Rio Grande Mining Co Valley Gas Co— (Texas Corp) Rochester Rolls ' Gas ! Elec 4% pfd F 1% Sep 2% Jan 17a 100 1V4 Oct 2% Aug 27s July 50c 2% Feb 2'/a 2% 2% 90% 1 91% 3,900 30 82 Jun 94 7« Jan dep rets ord reg Cable Corp common Roosevelt Rotary Rowe Field Royalite Oil Russeks Fifth Co 1878 xl8% •21 600 21 1772 200 9 Oct Nov 26 Mar Junv 18% Sep 2672 May 10 33% x33 % 40% 2,400 33 Sep 43 V2 May l 12 % 12% 13% 700 10 Jan 1472 Mar • Co common Ltd Ave 18 Va 5 Steel Corp 772 5 Inc. Electric (The) —£1 preferred 13 12% 13% 4,400 12 Sep 17% Mar 5% 5% 100 Oct 67b Mar 1.25 common Ryan Aeronautical Co... Ryan Consolidated Petroleum Ryerson & Haynes common l 4% 12 • ~2% 2% 1,000 1 5 7a 5% 700 Jan 16% Mar Shoe Machinery convertible U S Foil U S and $5 class B Radiator U S Rubber 4% Bavoy Oil Inc (Del).., Bayre & Fisher Brick Co Schick ,(D A» Oils Seaboard Securities Seeman For ill *_ 33 '39% 1% 1% 4% 5 1 3 * .. 5.3Q0 13.500- ... 4Q0 30% Corp Corp Bros 17% 17% 1.400 1V4 174 1% .9.200 174 * 22% 22% 23% 1,400 1972 lfr lfo 1,4 15,100 1-A 1 Airlines General e% 6% 6**> 1,900 12 74 12% 12% 500 • see page . 5.000 1 Inc footnotes 2% 17% 1 common Ltd Western' ^2% 50o Inc .1 37. 27b Aug 11'A Jan Insurance Products Co Nov Oct Valspar $4 Corp Vanadium-Alloys Sep 28 Jan Venezuelan 211 Jan Venezuela 117a Feb Vinco Sep Dec 4 35% Jun 40% Jan 1.120 34 74 July 38% Jan 15% 500 1474 Jan 3 17 3 6% • 89% —1 500 147a Jun 20% Aug 25 52 72 Jan 72 38% • 6,700 65 41% Sep 437b Jan 87b Jan 1 6' 6 % 250 3,600 6 1% 1,400 6 '4 6 1% l7/s 14.100 2 89 7s 88 7, Oil _. —_ . 53 10 % } 54 - 10 common 1% % 50c _ Feb 3% 187i 65 41 Co 19% Mar 17 74 7,' • warrants 30% " _ 24% 900 400 Jan 3% July 5 Sep 86 Sep 96 W Mar Sep 11% 6 Jan Nov 2% July % Sep 1% 417 b Feb 1% 1,700 58 Feb Nov 21% Mar " ■ 24% Jan' Jan. 24% 24% 200 24 7b Dec 37% 2% 5 2% 1.100 2% Sep 3 7, Feb 15% Jan 5% 1 common convertible Feb 1% 8,700 377 b 14% Jan V Feb 3 7» 2 1274 36% 35% Dec Nov Sep 574 Sep 36% 14% • Sugar 3iV Mar 1872 36% 35 % * 1 Consolidated Universal 77b r 6% Mar 25 10c _ common Universal 39% , Sep _ common 6% Mar Apr 1%. Sep 3% 1 Scullin Steel Co common Scurry 1 2 Inc Schulte 39 74 l 25c _ Securities Reclaiming Stores Utah-Idaho Bt Lawrence Corp Ltd common Sapphire Petroleums Ltd Jan ' United 4% Mar Sep Sep1 - .... Universal 2 - 11 Mar 47B • Corp. preferred with US A May 1 — preferred International 1st —25 common 1 common Air Conditioning Finishing Co. $4 .7 ■ 10 Preferred U S —25 Sharing common United Specialties U S Royce Ltd— Amer Rome 10% United J. v t c & ~i% 1 preferred • G ' 600 74 23% 200 26% 2774 2,400 16% Jan Nov 5 Steel Petroleum Syndicate Co * Inc.. Corporation Virginia Iron Coal & Coke Co Vogt Manufacturing 1 1 5% 73 23 27 Sep Sep 227Z Sep 7% Mar 83 3074 29% May Jan Nov 20c 3% 37b 3% 1,300 x3 1 4% 4% 4% 1.400 4 72. Oct 24 Oct 39% Jan 13% 13% "l00 11% Sep 14% Apr 10 • 5 Mar 8 74 Mar 3 Volume 178 Number 5281 . The Commercial and Financial Chronicle , . (2333) 3 AMERICAN STOCK EXCHANGE I; . RANGE Friday STOCKS Week's Last American Stock Exchange WEEK Aircraft Wagner Range for Week Shares Low 7 % • _ voting ctfa $2 & Bond BONDS Range Since Jan. 1 High Low Co Webb & 7 40 105 1,450 12% 11% 3,500 1 % Oct 4,200 6% Jan Jan % • 162% 1.25 3% Maryland Ry 7% 54,700 xl605/8 170 1,200 4% X148 • 4% 1st pfd„100 Stationery " % {» 4% 4% Coal 184 Inc 10 Jan Sep 1% 7% Weyenberg Shoe Mfg Whirlpool Corp xl77% Sep Nov 11% 625 11 ig% 100 17 Auto Stores Inc 25 150 17% 23% ■Aug 13% Aug 5%% conv preferred- Rio Wichita River Wickes (R Co C) de A 5 Products Wilrich Petroleums Wilson common 6Vo Feb 3% X4i/a 2,200 4 ' gi/~ Sep. 6% 200 8 Feb 9 200 4% Oct 6% pfd xl4% <ir 11 100 12 Jan 25 May s/u 50,200 2% 300 2 Nov 50 10 Nov 30 103 % Sep lf6 • % 98 Jun 150 12% Sep 15 12% Nov 33% 1,700 30% Oct " 105 % Jan 3 "1% ~i% Boston Edison 2%s 3%s I Last Period 1970 1998 Sale Price series A -June-Dee Jan 8% or Range Friday's ' 3% 2% Feb series revenue of 1947-1978 101% in mortgage 4$ series mortgage 4s series •J 125 96 No. 89% 90 Low 90 Eastern Gas Elmira & A6%s with A6%s Nov Nov ex Finland B 1993 147 Below listed Guantanamo ser Mtge 1953 91 Western (stmpd mod) ■ 3 84 with A7s ex Italian Nov Nov 1947 at 4% to Dec. 1 77 98 2 93 Power 1st mortgage $52 Public Oct Oct Wafer 3 %s 1st series and 2%s ref M series 3%s C series 3%% series A7-4s 3s Gas G) 3rd B with A6%s 3%s A7s Dec Dec ex Wasatch Corp Washington Penn 127% 85% 1981 deb 104 99 % ~ — — 147% 147% $91 95 67 69 107.41 97.45 97.52 96.82 52.63 107.01 97.41 97.36 96.69 97.56 96.91 Bond© 96.25 97.03 96.32 • 97.03 96.46 96.98 281.12 96;88 52.71 106.97 97.52 97.32 96.65 96.46 96.99 279.89 96.72 52.88 106.74 97.54 97.26 96.65 96.50 96.99 Averages (35 Stocks) National Quotation Bureau, Inc. Closing Dec. Dec. Dec. 49.80 Feb 2 44.40 Sep 16 47.12 9 Dec. High 46.90 11 for 1952 Range 47.00 ih$ 10 1953 High Low 47.21 8 for Range 47.27 7 Dec. Low the week 49.67 Jan 30 1 45.06 May prices based on the closing prices of the common 1953 for composite and by major industry Dec. 4, ended highs and lows for the compared with the preceding week and with as follows (1939 = 100): « i Dec. Composite - - - Durable — goods goods — Transportation 100 Utility Nov. 27,'53 Change 4 1.2 Low High 192.5 220.2 ' 192.1 246.0 204.1 124.3 207.5 233.3 4,'53 207.0 249.3 205.4 125.2 — . 1953- Percent 194.8 223.0 194.3 - Non-durable 89 103% — Service 212.0 _________ 234.5 and Finance +1.3 + 1.1 + 1.3 +0.6 + 0.7 + 2.2 178.4 202.0 172.4 210.2 259.1 228.9 195.0 115.4 125.2 21 J.8 195.0 \ 213.4 268.3 —0.5 52 97 97 $95 98 94 5 _ 94 __ 104 130% _ 3 Daily, Weekly and Yearly 95% 67" 96 _ 91 101% 95% _ 99 92 96 Foreign Ban k — 104 94 — 101% 2 104 104 4 93 102 Week Ended Dec. 11, 1953 Bondl Bonds Shares 1,405,470 Bonds ■ Mon. Dec. 7— Tues. Dec. 8__ — 1,395,685 1970 $96% 97%,,- 1966 Feb-Aug $100 102 May-No© 88 88 $80% April-Oci 147 93 — 2,637,600 186,600 2,451,000 2,773,500 147% 1,405,685 2,461,000 312,500 1,423,665 2,625,000 281.000 Fri. Dec. 11. 1,438,730 3,194,000 231,400 6,000 7,069,235 $13,548,100 $1,367,500 $8,000 Total 93 81 — Wed. Dec. 9 101% 83 1 82 98 90% — 88% 112% 157 144 Feb-Aug $91 144 2 112 93 1953- $30 -- — — — $30 Jan-July 94% Jnne-Deo $103 June-Dec 1960 1952 \ 315,3,14,492 332,320,672 $164,050 $44,000 $15,000 Government $8,000 26,000 953,000 904,000 1,367,500 87,564,440 13,548,100 1,499,100 18,407,000 645,349,500 75,115,690 652.183,100 $14,923,600 $19,947,100 $733,910,940 $728,366,840 Bank Foreign and Industrial. $105 Feb-Auy 99% 1 ' Total __ — -. 95 2 — — . 76 97 99 104 % 104% 105% 112 99% 101 Transactions at the American Stock Exchange Union— 1959 19 53 1952 9,624,725 7,069,235 shares $93 June-Dee 1956 1963 $14,923,600 Jan. 1 to Dec. 11 Bonds S. International Railroad 1956 of 156 77 U. 1953 3,431,400 Week Ended Dec. 11 Stocks—No. coupon 2,906,000 19 53 6 Sales $3,175,100 $2,000 $356,000 $2,817,100 Bond Government Bonds Number of and Mitcel. Total United States In IT Railroad Stocks 99% 94 ■ 1 101 % 101 % Jan-July coupon Exchange 149 90 . ' $98% 101 Feb-Aug April-Oct Transactions at the New York Stock — 7 100% 101 67 100% April-Oof 1940 5s 107.85 52.72 Thurs. Dec. 10~,_ 3%s trust debentures f 90% — Feb-Aug 1989 deb 6s ser A Traction s 53.01 96.92 "••'4© current year are 142% 77 98 May-No© 1962_Jan-jMly Mar-Sept Water Power 3'/2s 1964 Newspaper conv 7 31 . Western 98.33 97.75 T©tal i l> Itles 90 1946 1947 97.41 282.71 stocks for 87 1970 1940 coupon 1 1 Rails 281.45 90 79% 100 — Aug 1 1947 coupon Electric Service Co— A7s witli j ' Jan-July Electric 1 10 Utll- Grade SEC Index of Stock Prices $91 $30 1973 ex United 1 85% Industries— Aug Second 282.00 Mining 2nd stamped 1946 Hydro-Electric Co— A6%s Ralls • The SEC Index of stock Trade, 1971 stamped trials Fri. 103 1965— (Calif) & Bros 5s (Hugo) Stocks Thurs. 101 - Gas & 10 itie- Wed. 99 Feb -Aug Gas -Bonds— roads trials Tues. 93 A7-4s Terni 93 75% 4 102% 103 Feb-Aug Starrett Corp Inc 5s coll Stinnes (Hugo) Corp— Stinnes 89% Jan-July conv 3s E 1978 mortgage Southwestern (A 110 102 Jan-July series California Counties compiled by Dow, Jones & Co.: Grad© Mon. 102 1976 D Southern Spalding 84% as Indus¬ Compiled by 101% 102 1976, Southern 1st 84 85% 1960—April-Oci Corp 3s Edison 3s Exchange \ $99 1973 A Stock Averages of representative stocks and bonds averages 65 9 $98 1998 Power Southern California closing Util- 10__ April-Oct 1964—June-Dec coupon debentures 67n Harbor dividend. Co— 1940 1 Ex-iiquidating z Over-the-Counter Industrial Stock 59% 75% — $142% 102% 1 Sapphire Petroleums Ltd 5s .'6s 53 — ~ 89% 1947 coupon 1960 Electric & Gas Co— Service 50-year April-Ocf Ex-rights, Rail¬ ____ $30 102 Jan-July Water & Power 3%s with A6 %s ex 84% Jan-July 1968 y sales being transacted during current week. no First Manufacturing 1971 3s Hydro-Electric A6%s II May-No© 3%s Ex-dlvidend. x 10 7 Jan-July Pennsylvania 3%s 1970 Piedmont mortgage 6% Total 102 59 % 99% 1 Daily, Weekly and Yearly Stocks Foreign Governments and Municipalities Friday BONDS American Slock Interest Period Exchange Last Sale Price Week's Range or Friday's Bid & Asked Low ( Agricultural Mortgage Bank 7s April 1946 A20-year Cons External 5%s AExternal Danzig Port AExternal ALima City Maranhao Interest AMedellin Municipal No. Jan. 1 Low Mon. Dec. 7__———- — Tues. Dec. High 8_J—' __ Jan-July __ $93% 92 93 $93% 93 — 68 5s 1953 & — 3 (Peru) stamped Feb-Auy stamped 6%s stamped (Plan A)— to stamped 2%s 1951 $100% 102% ■ 59,000 8,000 116,000 29,000 24,000 106,000 36,000 30,000 1,000 67,000 $202,000 $206,000 $128,000 $536,000 Week Ended Dec. 11 1952 Jan. 1 to Dec. 11 2008 1958 Jan-July Mar-Sept Stocks—No. of 100 % 12 17"% Domestic 51 43 49 Foreign government — — $40 41 2,257,023 $268,000 $11,444,000 '',$11,298,000 206,000 126,000 14,473,000 ' *- 8,810,000 II. 43% $69 63% 69 — Foreign May-No© June-Dee 100,331,645 95,774,564 $202,000 shares 88 16 $15% $48 - 195I 1953 2,182.900 Bonds 1952 181,000 89,000 49,000 102% Waterways— 6%s $66,000 $6,000 53,000 1953 99% 53,000 39,000 Bonds Bonds 2,257,023 69 102% 1021'2 $35,000 $25,000 Total Corporate 455,580 Fri. Dec. 11_____— LoanMay-No© Bonds 418,753 93 $69 441,525 411,785 - Total June-Dee Government Bonds 529,380 Wed. Dec. 9 Thurs. Dec. 10-.- April-Oct 1955 reduced 7s Sold Range Sine© (Col)— A20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— ACauca Valley 7s 1948 Danish High Domestto of Shares) - Foreign Foreign (Number Week Ended Dec. 11, 1953 Bonds __ Total j ;n 6% 18 95 98 April-Oct mortgage 6%s 1953 6%s due 1953 extended to 1963 3 3% 20 4_ 8 groups 1963 76 60 30 . 75% II RK— 1st West 75% — 93 % L- cifs 4% 4% Indua- Dat© 106% 93% —Mar-No© England Power 3%s 1961 Nippon Electric Power Co Ltd— Safe $91 $93 1952 33 30 4 4 4% 4% 10 101 103 Trust— trust range), the daily ,, 63 95 105 $30 1952 coupon Realization liquidating Valley Extended 1st 56 10 Jan-July coupon 29% „Jan-July Jan-July .. 1919 delivery transaction (not Included In year's range), d Ex-Interest, included in year's range), f Ex-distribution, g Ex-stock dividend, h Extransaction (not included in year's range), r Transaction for cash (not year's are 68% June-Dec New Ohio 60 8 95 % RR— 1940 1 l Power A6%% Midland A $103% May-No© 1970 2 30 % a Deferred 91% \ Hydro-Electric Co— A7s 2012 6%s 96% 58 95 % May-No© 1963 41% 39 I50y4 30 Bank— 3%s 36% 38% Stocks 102% 135 Mar-Sepl Power & $57 Mar-Sepf 1953 coupon 32 i (Plan A)— 2% the New York on ' 65% 64% Jan-Julf 1961 Mountain Isarco 1947 1 65% - May 1965 1940 coupon 1 Residential stamped Green 4s 3%s Water Lt & RR 5s 1956 Marrelh Elec Mlg Co— Ercole 5s Fuel 43% 49 1997 Date— -Jfaj/-N0T 34% 37% High 96% 31 - 96% Jan-July 1993— A 40 46 *7 . 1st $37 $44 Jan. 1 High 100% 101% j 58 101% —Jan-July Stock and Bond Dec. Sold Delaware Lack & Western RR— Lackawanna of N J Division— A 1st 96 Range Sine© Chicago Transit Authority— 3%s ] > 63% 57% 33 Under-the-rule n Sep Sep Bonds Bid & Asked -June-Beo 1970 — 99% Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. Nov Week's Quar-Feb . — ..Mar-Sept May May 1% 5,100 Low Aug to value, par 44% May . Interest Power 2008 ..June-Dec included Dec. «s stamped reduced . ' 63% ■ 99% 16% Mar X32 1}» 1 Jan 300 Friday Elec 63% $58 $63% —June-Deo 1997 ♦Friday's bid and asked prices; A Bonds being traded flat. § Reported in receivership. Dec. American Slock Exchange Jan Odd-lot transaction Mar 1434 6 ■ _June-Deo 1921 s Dec. BONDS 3s E Government principal. 3% Mar 131/4 8s £1 Steel High 63% $63% Apr 14 Ltd— Wright Hargreaves Ltd Nov 141/4 33% May-No? —April-Oct Mar 13 __ Janeiro *No e Oct Nov 10 % 102 __ 6 common n 19% Nov 2"' __ £ 2 deposit receipts Appalachian Low A)— 2%s Feb 7% 21 10% __ 100 preference Bethlehem Jan. 1 , No. Oct Dec 0 n _ 25 4%% Wood Newspaper Machine Woodall Industries Inc American 150 % __i preferred Wisconsin Pwr & Lt (P W) .II 1 5% Woolwortli 900 6 1 Ltd Woodley Petroleum _ .• Inc Brothers 8% 22% 2% 1 5 & Co Willson Range Sine© Sold High . ; i Aug g% __ 1 Oil Corp Corp (The) Williams & Bonds Friday's or Bid & Asked — series fund Interest to of) 2%s f s A Russian 25% Mar 800 22 8 17% 41/4 25 (Win) 19 8 __ _1 1927) 1947 1927) 1947 (Plan reduced Sinking Mar 34% May 23% Jan Mar 25 200 Sep 18% 1 8 White's stamped (Republic (not Whitman Sale Price Jan 4 10% __ Oct Extl Jan Sep of Interest Peru Nov Nov 0 30 (Issue Parana Jan 189 May A Mortgage Bank o! Chile 6s 1931 Mortgage Bank of Denmark 5s 1972^ Jan 5% iff 9,900 181% 184 10% 13% of A7s Feb May 113% 32 20 Westmoreland Jun 6,700 • com Westmoreland Aug 2% July 110 j.V 14 % 10 3% Aug • lOo Jan u Aug 2,810 3% Aug 1% Jan 1% 9% ussue 8% Mar 112 Nov 3% lOc Western Homestead Oils Ltd Western Leaseholds Ltd ; Dec Jan % 1% 1 '/a __ $6 series preference Wentworth Manufacturing West Texas Utilities $6 pfd__ & Last Period LOW 3% Mar Sep 100 • Western Tablet Interest American Stock Exchange High 8% __ 1 Knapp Inc Western 12% 2 800 11 Baking Co warrants Corp 8 600 1107b 110% __ 30 common 2% 7% 1 cumulative preferred Wasatch 2% __ 100 Inc Waltham Watch Ward 2 % • ext preferred Waitt 11 Mortgage Bank of Bogota— Co Baking DECEMBER Friday w Waco ENDED Sales of Prices Sale Price Par FOR 128,000 corporate — 110,000 5,011,000 6,188,000 $536,000 $504,000 $30,928,000 $26,296,000 i ! 38 The Commercial and Financial Chronicle (2334) .. . Monday, December 14, 1953 OUT-OF-TOWN MARKETS RANGE WEEK FOR ENDED DECEMBER II Week's Exchange 1 ast STOCKS Low Par .American Tel & Tel Rights $4 cumulative conv pfd__ pr -50 Boston & 5% Boston , Nov 213 Dec 13% Sep 26% Jan Southern Company ; — - 78% 50 78% Dec 78% Dec 31% 639 29% Sep 45% Feb 50 48% 49% 60 120 790 123% 124% 46 129% May July Feb 7% 7% 119 7% 262 33% 53V2 Oct 42% Sep __ —• Feb Jan 26% 26% 60 7% 7% 30 —10 791/2 82 % 273 71 Oct 95% 23V« 24% 110 19% Sep U 30 Sep 6% 9% Mar Sep Gas & 10 Common 100 (new) Eastern Massachusetts Street Ry— 1st preferred preferred 5% class Lines 9 Nov Jan Jan 61% 20 55% Apr 61 % Dec 35% 50 31% Sep 37% Jan Jun 16% 15% 16 % 85 13% 28 28 % 71 25% Sep 29% Mar 72% 73 166 66% Sep 78% Feb Jan 10 32% 32 7 8 33% 110 31% Sep 38% Jan 4 35% 35% 36% 114 35% Dec 4G% Feb 12 12 72% 72% 72% 15 39 % 39% 39% 144 12.50 50% 51% -1998 58 % 59 Bearing —_J Edison 5 _. 13% Mar 11%. Jan 25 62% Jun 72% 33% Sep 44% Jan 50 40 Sep 52% Dec $8,825 55 May 62% Jan ; Feb BONDS— 4%s_ Trans 800 75c Sep Jan 13% Nov 1% 42 44 35 34% Mar 46 Nov 35 35 10 28 Jan 37% Apr 100 B Inc 116 90c 9% 80c 10 100 preferred adjustment SS 28 % Jan 100 series A- 6 9c Eastern Nov Fuel Associates— Common ■6% , Westinghouse Cinn Eastern 20% 16 % Carbide Steel S 115 28% I—H25 (Ohio). Roller Toledo 21% 5 „ iN Jl Union 50% Aug 25 35 % — Standard Oil Timken 29% Sep 48 Va • Standard Brands 24% Mar — » 144 Co 23 13% Mar 43% "5 . _______ Vacuum Standard Oil Sep 40% „ Range 2% 383 .100 Service Cities ..Copper 6,946 Nov 41 200 61 % 15 213 30% 21 % 1.40 _.—_. 17% (when issued) -.100 (when issued) Personal Prop Trust preferred Calumet & Hecla 161% 78 34 -25 •Boston & Maine new Jan High Jun 215 .100 Albany RR Edison Boston X152 15% * ^paconda Copper 3,352 Higfi 21 % 23% 20% — Socony 2 * Woolen Low Low High 48% Corp ——— Republic Steel Schenley Industries Sears, Roebuck Bange Since Jan. 1 Range Since Jan. 1 Shares 23% 23% Radio Shares High 155% 158'/a 156% issued when .American 100 Low \ for Week Range of Prices Sale Price v for Week ol Prices Sale Price Par Sales Week's Friday Last STOCKS Sales Range Friday Boston Stock 17 30 14 Oct 25% Apr Dec 21 Jan / • common 17 x 173/4 17 % 321 xl7% WATLING, LERCHEN & CO. Members First National • 48% 48% 5 41% 1 60.91 60.91 7 55.74 Stores___ General Capital Corp General Electric • 50% Apr Oct Sep 60.91 Dec New York Stock Safety Razor Co Hathaway Bakeries Kennecott Copper Detroit 86 % 89% 1,313 66 Apr 92 % Dec 1 45% 4G% 292 32% Jan 46% 9% 9% 100 9 V'b Oct 12 Feb 64 % 281 58% Sep x81 Feb American Stock Exchange Dec 1 Gillette Exchange new 86 % 63 • Midwest Stock Exchange Stock Exchange Ford Building DETROIT Telephone: Maine Central 5% RR Mullins _100 common preferred Mathieson Corp New Corporation Pennsylvania RR Reece Folding Shawmut Stone Machine Webster Twist Fruit Shoe U Vermont Waldorf & 26% Mar Sep 25"% Feb Sep 19c Feb 14% Feb Sep 116% Dec Jan 1.00 May 9c 3,400 7c 14% 3,374 12% 115% Inc 91c ~ 17% 93C 120 1,200 6Gc 18% 377 17% 10 — 10 45 9% 1 1 1,100 — 20 Jun 110 17% 20 Nov Sep < 11% 1 % May 21% Jan * 5 200 21% 56 20% Sep 28% Jan 26 26 20 % 26% 300 25% Nov 37% Co__ Mass System 11% Oct 14% Apr • common 44% 43% 46% 5,218 43% Dec 58% Jan 36% 36 % 37 1,050 35% Jun 41 Jan 13 5 Ry 13 , 28% 250 100 287/« 153 104% Inc 103 81 23% 31%.Mar Sep * Westingliouse Electric Corp 101 12% 70 12% 50% 50% 105 July 12% 12.50 51% 768 39% for Week of Prices Shares Par Low 14 Sep Sep Mar May 52% Dec Range Since Jan. 1 High Low High 4 Big common — Brown-McLaren ; Mfg 1 , Bros 11 Va Aug 13% Jan 7% 100 6% Mar 7% 21% 275 18% July 22 Oct 36% 36% 1,012 28% 42 Mar 2% 2% 350 2 % Apr 2% Feb 14% 14% 487 13% Sep 17% Jan 61 % 62% 1,182 60% Nov 94% 24% 24% 205 23% Sep 27 100 7% Sep 11% Mar 5% Jan 8 __ ____1 — — ____1 — Gray 106 61% 10 __—— Edison Detroit 11% 2% 25 & Apr 11% — Paper Detroit Aug 3% • Motors Detroit 4% Jan 36% Chrysler Corp Davidson Jan 2% 1 Com Continental 3% 900 ~4 . Manufacturing Burroughs 715 3% 7% 1 Markets Bear 4 2% 1 Rubber Baldwin 3% 2% 21% Brewing Altes Consolidated Co Sales Range Sale Price STOCKS Briggs 23 Co Week's Last Friday Jan 18 Exchange K Jun Aug Oct 85c Detroit Stock 23% Mar 21% 9 Machinery Rubber S Sep 16% 8c 4 Drill United United 17% 87 13% 10 __i Tortington Co Union 127 13% —__25 : Association & Dec 20 50 -i.,*. Jan 40 18 2.50 _ Quincy Mining Co 132 Sep 21% xl!4% 116 2-5525 Feb 33% Sep Sep 17% 17 ,__l . . Norbute 17% 104 100 Cos England Electric System England Tel & Tel New 102 21% 5 ;.r Service 10 40 17 1 Nash-Kelvinator National 275 115 39% 5 Manufacturing Corp 20 19% 115 100 - Chemical WOodward Cleveland Navigation 6% 6% 30% 29% 5-' _ %> Iron 6% 9 9 20 — 8 8 — ! 268 10,329 1% Oct Sep Mai- G% Feb Jan 11% Mar 24% Jan 30 3a Dec 2% Nov 350 30% Sep 1,000 1% Sep 2% 2% 620 2% Dec 6% Mai- 10% 10% 1,520 10% Dec 16% Mar 1% __ ■ Detroit-Michigan Cincinnati Stock Friday STOCKS Last Laundry Baldwin Burger Champion Churngold Cln. ' Gas com new Preferred C N O & T P - Cincinnati Rights Dow common : Jan 24% Aug Great 20 26% Jun 34% 343/3 94% 51% 54 * lio Jan Hoover 22% Dec Hoskins 14 165 110 91% July 35 Va Jan 102'A 54 Lamp Meteor Howell Electric Hudson Kingston 25 102 Jan 111% Nov 71'A 285 J# 69 Nov 78 % 5% Nov 6% Dec 43/4 423 3% Jan 6% Nov 7 Products Wines 50 6% Feb 10% 69 17% Sep 23% Mar Masco Screw 39% Motor Products 140 35 Mar 27V« 61 26 Jun 30% Mar Mt 47% 27 44% Nov 50 May 43' National Electric 43y4 153 37% Apr 44% Nov Packard Motor 23% 233/» 20 21 Jan 25 Nov Parke 1 ^ Rights 2% 2% Nov 40 2% Dec 3% Feb 597 59% Jun 70% Dec 18 Jan 22 American Tobacco Co Ashland Clemens Mar 28 Dec 70 21 21 21 195 „ 27% 28 260 ny8 „ 156% Davis Benguet 2>5 1 Chesapeake . Cities & Service Prophet Elec—Z Curtiss-Wright •_ Du (Fred 2i9. B) (HW) Raisin & Co Power & Light Electric Auto-Lite General Spring 11% Sep 15% Jan Rudy 152 % Jun 161 Va Jan Scotten-Dillon 275 2% Nov 2 "c Nov Sheller Axle & Motors International International Loew's _ National Manufacturing _ 8% 76% Aug Superior 45% Feb 43 Jan Udvlite Corporation United States Radiator U3/a ny8 11% 340 11% Sep 4% Dec 8% Oct 4% 8% peso 1 5 8% 11 350 61 t 70 1 Dec 8% 12 Tool & Distillers Pacific 1% 45% Sep 57% 22% 22% 22% 50 22% Nov 33% Jan 33 % 33% 34% 163 32% Sep 41% 60% 62% 170 60% Nov 95% 79% 7934 14 71 Oct 2% 25 12% 12% 5 27 "754 ' 7% 38% 1,300 Feb 3% May 200 23% Dec 32% Mar 23% 3% 185 3% Mar 3% 464 3% Dec 4 4 1,235 .3% Dec 6% 30% Jun 32% 1,194 3% 900 16 % 135 6% 3% Jan Mar Jan 44 % Mar Feb 4 Sep 3 16% 5% 620 1% 2,510 9 150 1 19 % Mai- Dec Jan i% Apr 9 % May Sep 21% Oct 20 Mar 7 Sep 8'/a 350 20 Nov 4 May 15% Mar 17% Mar 2% 'i-2 % 270 2% Jan 14% 675 13 % Jun 15 % 15% 430 13% Sep 605 3% Dec 100 11% Sep 3% Mar 14% Mar Dec 11% 3% 12% 3% 3 12% —4" 6 12% 6 6 290 2% Dec 12% 327 12% 27'A 130 23% July 754 30 7 Dec Sep 4% Jan 15 Jan Allis-Chalmers 27% Dec American 9% Jan Amer & Dye (Un) Jun 38% Dec American Jun 106% Dec American Cyanamid Co Can 41% Jun Nov American Potash & 39% Sep 56 Jan American Radiator 66% Apr 91% Dec American Smelting 60 60% 297 53% Sep 69% Feb 231% 28% 205 25% Sep 33 Va 14% 14% 50 14% Sep 19% i2 12% 40 10% Oct 13 July 563/8 56 563fe 80 51% Sep 59 Nov i8y, igy, 15 17 Oct 22% Jan " Anaconda Copper Mining 58% 58% 20 55% Sep 83% Jan Anderson-Prichard 38 y2 33% 38% 11 35 Jun Chemical cl B & 74 % 58 Jan Jan 41% Oct 920 11% Sep 15 % Jan 15% 70 13 Sep 15% Dec 38% 100 32% Feb 38% 47% a 49% 130 44% SS 15% a ,*> a34% 4* al3% (Un)i* 29% Rights 52 2% - 60 1,284 2% 770 62 V2 a Sep Jun 30 Dec 49 Aug 35 Nov 15% Feb 12% Oct Sep 43% Jan 15314 Sep 160% Jan 190 156 157 V2 156 13% 29% 62% __100 —— a a34% a35% (Un) Refining American Tel & Tel Co (Un) & 2 32 Oct 2ft Nov K; Jan American Viscose American Woolen 395a Feb Armco 3% 3% 75 3% Sep 6% Jan Armour 4734 144 17% Nov 23% Jan Ashland Oil Refining Steel 13 13 20 10% Jan 15% May Atlantic 431/3 48% 40 43% Sep 62Va Avco & Oil & Co (Un) (Un)— !! (Un) Co (Un) (111) js.25 -a35% I_* Corp (Un) 62% 315 36 16% 236 14% Sep a30 a31% 423 29% Sep 44% Jan 50 43% Dec 55 Apr 31% Sep 42% Jan; 11% Apr.' 16% 50 . a45% a45% .10 33% 9 Refining (Un) .—1 a . 33% 302 9 33% (Un) 9% 300 8% 11 % all Va 100 11% 28% (Un) Manufacturing Corp 16% a30% _J0 (Un) 4% 77% Aug 823 a35 % a35 % ,"25 Tobacco 175a Jan Sep 395 38% :—1$ (Un) 27 a 12% Co (Un)— 65 , 64% 12 11% —^1 33% 91% 89% __ High LOW 737a a74% 60 a44 a44% a —4 38 Jan 74% Range Since Jan. 1 High Broadcasting-Paramount Theatres 4214 l7% Shares a44% __ Airlines Inc 88y8 __ for Week a * 113 46% Jan Sales Range Low > (Un). 43 y8 ~~ Week's of Prices Par Chemical Allied 36 ~ c Angeles Stock Exchange Last 46% 9 page 47. 2% Sale Price 38% 38% ~~ 33 Vic see 200 14% STOCKS 4554 __ For footnotes Jan 3 8% . Friday , 104% 1067a 5 50 Oil Jan 4% 15% -—-1 common 95% Mar 2% 8 Pepsi-Cola 5% Nov Jan 79% — - Pure Dec 3'/a 20 Jan 60% * • 3% 300 _:.l ____ Los Jan 9 Penn RR Feb 100 3% 14% £l Jan 18 100 _. 35% Mar Oct 51 y2 ♦ Ohio Edison Jan 1% Dec 4 1% % 5 Die American Northern 3% Mar June 1% May 33 Feb 5iy2 _» National Jan 18% Mar 115 5 • Register Jan May 10 ' Sep Telephone & Telegraph.9 Cash 2% 220 1,500 1,090 6% — Sep 5 Inc 2% 1% 33 % 16 Va 16 % —41 _ 29% • Harvester 16% 3% 1 __ Manufacturing 30% 10 Electric General 10 Sep 32 £1 .—^5 " ' Paper 99 7 Co Dec 9% 3% —42 314 5 Kodak 7% 183 3% — Co 65% _i Pont Eastman 400 3% —4" _ Common Dayton 7% 11 - Rickel 34% • „ Ohio 16% 23% 23% .—^5 ' 31 10 Columbus Southern _ Brewing 61 —-----—1 Gas .. Pfeiffer 189 25 ' 4% Mar 17% Mar Nov 3 li ', 100 25 Ohio .... ' _ 33% 25 Corp Columbia _ 30 9 Pacific Dec Oct 14% 4 ~3% 63 __ Chrysler 117/8 155% 158 13 Mining Canadian Welding 34 3 Bethlehem Steel 3% 13% 400 3% 4 Car. 30 1 Baldwin-Lima-Hamilton , Feb 110 1% L4 preferred. 50 Oil Jan 2% Mar 790 2% 3L0 Metal 25 Avco Sep 3% 33 33% .—£1 10 Mining Steel 1% July 23 68% __ Anaconda Armco il Peninsular Metal Products 69% Telegraph—100 30.320 8 69 % 14% 7% — Products 391% River Airlines Sep 443 Apr Rockwell American _ —4 473" 233/a — - ___ — 18% Stocks— American Telephone & Nov 53% 7% Mar Sep 3% 1,682 15 % 11 1% 39 5 3% 1,350 Jan Mar 27% Mar 14% — 7% -4o 27% 9 common 33c Nov Dec 3% — -12% Kresge Co (S S) Kysor Heater 47% „ _ "B" 2 10c 24% 14% 14% —fl Motors Car Motor 27% • Vl% ——5 Nov 50,953 714 9 Gamble 4 60% 60% 2 ___10 18% " 9 __ 3% —2% Dec LaSalle 9 : —- —_—___ Bearing & .4% 4% % __ —-1 Chemical Manufacturing Ball Jan 4y2 __ Unlisted 5% Jun 10 _ Printing Jun 17% 6£ 9 & Hall 2% 809 70% ~~ 10 _ Dec 100 3 22% __50 Ins Lunkenheimer U S 10% 94% 9 , Manufacturing Randall 75 _— 879 Nov Mar 3% ■ * preferred Procter 5 21% 4 5 Motors 53% 9 Kroger j.rj' Manufacturing.. General 21"% . Picher Kahn Gemmer Jan 94% ___20 Telephone common Hobart Jan 25% 3 22% ___—.___ Formica X 25 Dec 10 Mach Cincinnati Transit Eagle Dec & 1,100 20c 24% 19% Lakes Oil Sep 16c 1 Industries Wood Dec 2% 23% 20% 100 Cincinnati Milling ' i Gar 24 % 20c 66 4 27 Apr 225 2,700 24% 240 3 1,000 3 2% 1 : 21% 34% 3 8.50 High 4 24% 24% • 1 Co__ Trailer 20% 21% 9 Elec. Low High Brewing Chemical Fruehauf 4 4 5'' ____! 19% 9 common Corp Friars Range Since Jan. 1 ■ — 1 ; 20% __ 9 Paper & 19% 8 Brewing Shares 4— _..l . Mogul Frankenmuth for Week of Prices Low 20 , Federal .1 .. — Economy Baler Sales Range Par American Exchange Week's Sale Price Stove Detroit Steel Corp 28 V2 165 26% 4% 4% 705 4% Dec Oct Sep 44% Aug 25% Mar Sep 16% Apif Oct 331/2 Jan. 8% Feb Dec Number 5281 Volume 178 . The Commercial and Financial Chronicle . . (2335) 39 OUT-OF-TOWN MARKETS RANGE Friday Range Shares -Baldwin Securities Baltimore Ohio & -Barker Oil RR OH Bendix , 8 Sep 200 3 % 3 V# 8'A 400 t High Low % 3% 20% Sep 3% Apr 29% Mar Merchants Merck Petroleum & Co Mississippi Inc (Un) River Fuel a21 25 2.65 3 2,860 2.55 Oct 4.50 Monogram Pictures 10% 575 8% Feb 15 Mar Montana 12Vl« 12 12% 385 11 % Nov 17 Mar Montgomery 20c 1,500 20c Dec 35c 7 505 a21 20c 7 7 20o 1 >4 20c 1 (Un»_ , , a61% a61% 46 1 % 350 a51 a517/« i5 5% 215 Aug Power Ward & Inc Co (Un) 25 18 Sep 130 35 Jun a37% a37% 4% 4% a31 50 a55% a56% a55% 70c 500 a31 131 — __ • High #eb 300 a20% a20% __ 10 i Co (Un) Low 1.20 Betniehem Black Steei Mammoth Mining Blue Diamond. Corp Boeing Airplane (Un), , i Chica - Bond Oil ~ Jun Sep Feb 67 Nash-Kelvlnator National City (Un) 5 Lines 18, 1 18 17% 125 17 81 8 % 18% AUg 22'% Jan 197 3% 3% al3% 15 —-— 60% 17% 160 15% Mar National Distillers 5 18% 18% 240 Jan National Gypsum (Un) 1 21 '/a 21'A 147 17 Sep 19'A Oct (Un) __lo 5c " —5 .i——10 (Un) Broadway-Hale Stores - Budd Company Budget (Uni Finance 60c Idria Mining & New York 3% Jun 5 Mar 12% Sep 14 Jan .. 10 60% Dec North Amer Aviation Inc 80% Apr North American Co 9 % Apr Northern Pacific RR 16'A Mar Northrop Sep Sep 10'A 8% Aug 10% 1,580 10% Oct 16% 160 17% Oct 23% Mar California Canada Packing Co Southern Atlantic .1 Canadian Pacific Capital II 133 Case ' (Un). Caterpillar Celanese Eureka Central Corp *■ Climax Molybdenum Clinton Foods a9% 10 22 Occidental Oil Colorado : Fuel Columbia Gas Commercial Consolidated (Un) of Edison Vultee Continental Pacific Clay Products: Pacific Gas Continental Motors Continental 1 Oil Steel & ,__2 com (Del) (Un).! Sep 62'A Mar Pacific Oct 33% Pacific Western __ Jan 1.30 Mar 230 12 Sep 15'A Mar 215 33% Sep 40% 25 42% Packard Pan Zellerbach (Un) 5, Packing Co (Uni———lo Publishing Co (Un)_ 1 Curtiss-Wright C'orp com (Un) 1 Douglas < (Un) Aircraft duPont (E . ■ 5 (Allen de I) Eastman Kodak Apr 12% 546 12% 12% 25 41% 34 160 .216 15 Jan Sep Electrical Dec 41% Dec 11 50 Oct 15'A Jan Sep 22'A Feb Apr 10'A Mar 8 Jun a8 54 8 Sep 11% Mar 15 54 Nov 58'/a 56 27% Jun 35 a34% a34'% ' 5% 5% a7% a7% 7% 7% * Apr Dec 100 5% Dec 7 % 50 5% Sep 8'A Mar 178 a25% a25% . 7 210 15% 140 15% a80V2 6% a81 6% a37% a38% al87a al9V8 — 9% Oct 9'A July Feb 15% Radio Exeter Oil 35% 5 Phonograph (Un) Fitzslmmons 80% 215 67% Mar Bank- 36% Aug 24% Jan 16% Jan 224 50 10% 700 20 16% 190 1.15 II,300 355 60 14% 3,020 5% 5% a33% a39% — General I 18% Nov 8% 91% Nov Apr Pure Oil RKO Pictures RKO Theatres Co General Motors (Un) Corp 560 >- ./;•—*> Public (Un) Corp of America (Un) Remington Rand Inc (Un) Republic Pictures Republic Steel Oil Reserve ! (Un) General Telephone Gladding, McBean Co 20 —10 (Un) .1-— — (Un) 105'A Nov & Gas (Un> a28% —* — Golden State Co —* — Reynolds Rheem Dec Sep 69 % Mar a43 175 37% Oct 43 Mar a47% a48% 140 44 Sep 60 Mar 3 3 140 a4% 23'A a4% 24'A Nov 5 579 21% Nov 29 Jan 14 14 270 14 Pep 19% Jan a3 a3 48% 50 2% Nov 4% May 350 41% Sep 52'A Mar 27 a41% Ranch Oil . __ — Co 10 Goodyear Tire & Rubber coin • Graham-Paige Corp (Un)___* Great Lakes Oil & Chem—_L_—U___I Great Northern RR pfd (Un) A.—• " ; (Un) J. Co (B F) 1 — Safeway Greyhound Corp (Un)——«•— Grumman Aircraft (Un) Gulf Louis San St Regis 90 Oil Sapphire a38'A • 24% 5 — 1 — 1.40 21% Petroleums Feb Servel Finance Inc — (Un) 1 Co • 1 (Un)__„ Servomechanisms Shell Oil Co 16% Dec 22% 1 r (Un)i Corp 1 Hilton 25 c ;• ; Oil Hancock - class Co Hotels \ 62'Ac Jan 1.70 330 9% 5% Sep Jan Oct 355 Apr 14% May Signal Oil 16% Sep 85 5% Feb 430 38% 4,932 75c I,500 531 Corp 34% Oct & Gas Oil a38'A a38% 24% 25 a20 a20 1% 1% 21'A 21% Jan Southern Sep 32'A 68 '/a Sep 89'A 52% Feb 23% Calif 55 Nov Honolulu Oil Foods Hunt Corp 6%. Calif pfd — Imperial '• (Un)—... RR Central 69% Interlake Southern Dec Southern (Un» 35 Jan 45 Dec Southern 2,312 130 Jan 21% Mar International Harvester Nickel International Sperry Oct 35'A Mar Oct 26 150 65 Jun 77'A 119 44% Sep 53 1% Dec 600 6,750 a48 52 189 90 Dec 1% Aug 48'A Sep 12% Jan Dec :International Paper Co i International Intex Oil (Un) Tel Tel & • Corp llh y. • (Un) Sep Standard 33%c Co Standard (Un) Oil Stanley 13% Dec Stone Feb Aug 22% Nov 25 25 % 25 38% 186 25% 32% 27'A 347 22'A 490 28% Jun 33 300 26% July 28 a32 32'A 20 30 Jun 32% Mar 200 30 Jun 33 7% 38% 25 8% 1,365 32% 33'A a34% a35'A . 38 25 32% — 27 Nov Kaiser Alum & Chern common % * Preferred Kaiser •=- — - Motors County 1 50 —— Jan 19% 1.15 49% 2,200 146 49 15 513 13% 77 " 4c 3,000 1.05 300 45 Land Co 3,850 207a 321 25 2-5% 293 43% 100 2% 2% 2% 478 a62 a63 40 42% Dec Lincoln Lion OH Co Lockheed Loew's 42 . 43 71% Nov 2c Jan 1.00 Sep 14% Sep Jun 13% Sep 7% Nov 83'A Mar 4c Mar 1,45 Oct 18% Mar 33 Jan 40 Angeles & 55 Oil & Magnavox Martin Co (Un« (Glenn McKesson Menasco L> Jan & Mfg , Robbins (Un) Co_. For footnotes 855 19% Sep 22% Oct 42 % Nov 2% NOV 24 May page 47. • (Un) (N J) 25 (Un) (Ohio) 15 (Un) a28 a28% — 155 136 51% 1,874 a70 125 a72% a72% „ 53 a68% 51% a72'A 251 * 1 1 (Un) Corporation common (Un) 25 7.50 (Un) 10 alO'A alO'A a21'A a21% 5 (Un) Inc a33 50 a33 10 (Un) Corp — 22'A 22'A 16% 16% 16% Jan 36% Sep 26% 8ep 29% Mar 49% Sep 69% Nov 72'A Jun 68 59 % Jan Feb 11% July 27% Jan 100 21 22% 135 21% Oct 43 1,272 26 32% 581 29% Sep 137 50% Sep Feb 21% Mar 15% Sep 35'A Jan 17 32% 38 Jun Nov 10'/a a55% a56% — 75% Jan Sep Sep 31 a42 a41% a41% • ___4 Assoc World Trans TreeSweet Tri (Un) Oil Airlines Transamerica 10 - — __ Products 2 Co 1 warrants (Un) Century-Fox Film 492 50 a__ 79 6% — Dec 79 79 6% al3% al3% 79 40% NOV .. 100 6% Dec :HS! .37% Jan 57% Aug 102 Feb 12 Mar a__ Mar 21% 205 20 Sep 27 13% 216 13% Nov 19 % Mar 27% — 21% 13% __ —5 Com Continental Corp Twentieth Union Carbide & Carbon Co of Calif Pacific Air United RR Jan 28'A 970 23'A Sep 29% Mar 5 \ Jan 6% Dec 7 1 7 100 a3% 19 — — Feb United a3% 19% 17 3% Oct 4'/a Dec 155 35'A Apr 45 Va Dec 5% Mar U S Rubber 80'A Feb United 37'A 59'A Jan Universal 23 Apr 75c 67%c 75c 1,650 67 %c Dec Pictures 117 39% 2,792 IIOV4 allO'A 30 39% „ a __ 22 Nov 31% Mar 565 35% Apr 45'A 23% July 6% Sep 29 29 29 a6 a6% 209 — (Un) 1 __ 53 — Jan Mar 219 a6 • 72 44 % Aug 113 45% 200 10 Jun 22% 5 Oil July 22% 1 Corp 63 37% Jun 106% 45'A 10 (Un) Sleel — —8 (Un) Consolidated 39% 90 a28% a28% 39% 39% 375 57 1,520 51 Dec 29 % Mar 7% Aug Mar Sep 31 33% Sep 44 Jan 58 Nov 17 July 24% 41 Jan 16'A 200 14% Feb 13 13 al2'A al2'A 100 10% Jan 13% July 50 11% Nov 15% 16 Jan 10'A Co States a71'A a72% a72% 10 (Un) Radiator States • 25 50 (Un) United Gas Corp 48% (Un) common (Un) Lines Aircraft 60% Aug Sep 25 __50c 29 Sep 30'2 490 29 % 19% Sep Apr 10% Oct 27% 12 12 660 24% __ __ __ 30% 390 24% 81 420 420 14 26% __ ' 24 % 420 Dec Jan 1.00 Feb Van de Kamp's Bakers Warner Bros Pictures (Un) 38 Mar Western 2 9'A Nov Western Union 14'A Mar 28'A July 425 Aug 16% 16% Jun 5 1 Telegraph (Un) Westinghouse Elec (Un) Willys Overland Motors (Un) — Wilson & Co Inc (Un) (F W) Corporation 27» 10 12% 1 * 10 (Un) (Un) 13 — ,— a41% — — — a43% 8% Sep Apr 12% Mar 9'A 150 a41 % a41 % 50 41% Jan 46% Aug 50% 51'A al6% al6% 8% 8% a42% a43'A 538 40'A Sep 51% 50 12'A Jan 9'A 100 156 7% Sep 43% Dec 16% 10 Dec Oct July 46'A Mar 21% Mar al6% al67s 10 163s 280 12% July 18 Feb York 308 38% Oct 40 Dec Youngstown Sheet & Tube 221 34% Apr 34% Apr 3 840 2'A Sep 16% 40 13 * 8 Air Lines a37% a37% al6% 1 1 see • Preferred Union Jan 1 : 1 (Un) Calif Inc Union Oil Jan 8% 1 Co (Un) Chemical Inc of Co Co Woolworth Mathieson __ 47% July 44 Va Oct Studebaker Corporation 19% Jan 18% !_100 Co Sep Webster 12% 95 lp Investment 40% Jun 100 1 (Uni. 30 Jan 9 • (P) Co 49% Mar a42%a42% a46% a46'A 8'A • 19'A * 9 a20% a20Vs a20% • Inc Lorillard Los (Un) Aircraft Corp Jun Nov Nov 100 Co 13% 37 % NOV 9 1 Petroleum 13% Jan 7% Oct 50 Textron 7 Co Libby, McNeill & Libby (Un)__ Jan Mar 216 Warner Universal Lane-Wells , Feb Mar a37 a37% Jan 49 480 a63 2.50 39% Mar 26% Jun al6'Aal6'A Aug 170 15 10% 1 (Un) 36% Mar __ 1.75 25% Sep 39% Oct 43% __ Mar a37 54'A 1.00 Sep 100 20% —" — 132 42 • Texas Company (Un) Texas Gulf Sulphur (Un) 185 • Corp Kennecott Copper Kern - - — 1,005 28% Mar 15% 14% 8% 10% pfd-______25 Nov a32 32% a35'A com—25 Ltd Nov 30% Sep 31 Sep 33% Jun .27 — 15 (Un) 50 7% Mar Sep 5 Sylvania Electric Prod 19% 428 .a53% a53% __10 14% Mar Nov 5% 2 Co Oil Standard United Jones & Laughlin Steel i Oct 25 Standard Oil (Indiana) Feb 7,082 a36 a36% — an (Un) Brands Oil 2% Mar , a277a a28% 14% Dec 60% Feo Petroleum Calif 2% Mar 19% al4% al4% — 7 . 26 Jun 57% Sep 19 Railway (Un) Corp (Un) 58 14y2 —j ; 27% Mar 21% 3c :—" ' (Un) 22 Sep 6,325 Southern 49% — 50 20% 19% 20'A a24% a24% Pacific 1.05 —_* 479 — -25 Company 871 1.00 10c Petroleum Iron j'g Mar Feb Jan 19% 25c Developmeftt Intercoast 3 20% 6% Gas 12 Sunray 100 Sep 5 class A— Tidewater Illinois ' 1% 26 25'/a — 25 28% Swift . Apr 100 ——2 - Sep 9 35% Mar „ .6% -111-. Jan 23 76'A Aug - Nov 100 a76a76% — Inc Nov 33'A Sep Apr preferred Southern 26'A — 38% Sep 18% 5% Co preferred 24% 446 19% 1 Holly Development ' Jan 24% 40 63% preferred 4.88% July 17% .. 32% 435 28 Inc Edison 4.32% Feb 28'/a • — 16'A Mar 275 a60% a61'A a7% a7% — a60% Jan 155 • Feb 600 ... a— 5% Corp 10% 48 . 12 Jan 33% Jan Sep »— 280 Jan 1.50 72'Ac Oct 44'A Apr July 28% Sep 185 Mar 6% 47 Dec 23 Dec ' class A new 39% 19% July 27% Sep —5 L____ 4% Jan a75% a75% Socony-Vacuum Oil Co 43 % 20% Jan a75% - Dec ;a43% a43% __ 1 42% Feb 35% 15 20c Inc — B Sinclair 30 t A Jan 34% Oct Jan 189 a28% 1• / .A.jn.-'i Jan a28V8 a28'A —1 3'A 1,685 15% 5 Jan 312 a47% — < 75c Ry 201 , 13% 13% a21% a213a —v' 23'A 15% Apr Oct 24 50 Co (Un)— Francisco Paper 11'A 25% 2% —3 (Un)_— Mobile Sc Ohio Gulf ■ » 1 ta 40 2% a6'A 39% 25'A -- 1 Incorporated Stores St 13% 17 52% l's __ 28% July 30% Sep 20% — • 5 Aeronautical Sep 100 77% 52°-e 1% 2Vs - Jan 50 51 a20a20% 15 15% — 1 (Un) 24% Sep Sep 77% Dec 7 17% II &6% 38% 25'A __ Co Axle ' — — Corp & 48% — 10 class B (Un) Manufacturing Standard Goodrich July 49 2.50 Tob (R J) Oct 9% 54 24% ' 71 28'A 1 Co Rexall Drugs Inc 11 44% 20 a28% a29% __ Jan 11% Mar 141 -• 19% 33 44% 20 " 6% j 110 50c Seaboard 643 9% 28% Dec 110 1 Radio Sears Roebuck & Company 38'A 60% a__ v, 3% a54 a54% 1 Oct 240 9% 28% a__ a27% a28% — a54'/8 • — Jan 25% 60% 5 common Utilities (Un4__—.—5 Paint Dec 13% Mar a32'A a32% a327A • (Un) 47% 88%■ — —* common..-.-.—_____V General Glidden —• (Un) Corp General ' (Un)—-. Co Electric General Foods 34% Sep 50c (Un) 36% 25% __ Nov 7% 210 34% 12.50 (Un) 42% July 31% Sep a59% a60% 2 32% 200 34% a " Garrett Corp Dec 2,074 .♦ (Un) Incorporated Ryan Sep 163 14 % (Un)—10 66 99 Corp Dodge Oil 35 181 215 355 1 — Machinery & Chemical Jun 720 Phelps Spring Oct 95c 14% 60 17% 33'Ac Corp a 17% 34% Jan V Aug 16% :^100 . 13% al3% Co Richfield 7'A al0% alO'A 10 a77 a77% —• - 17% Rockwell 75'A 89 95c 1 Line 8% Sep al3'/s 4.48% Food 100 50 Oct Jan a20% a'20% 16% Stores Tiger Flying 1,520 9'/a 33'Ac Oct Mar 835 —' — <—* (Unt— Merchants 100 3% 9% (Un) 16 % 4 37% 35% __ 5 Co & a33 3% 1 Pepsi-Cola Co Pfizer (Chas) Class Farmers a32% 3% (Un) (J C) Co (Un) Pennsylvania Railroad (Un) 27 63 a45% a46% a46% 1 Railroad Erie 10 . —4 & a32% —10 • pfd (Un) (Un) Car World Dec Oct 50 9% 9% 25 % 1,700 al04%al06% (Un)——i—3 Products Emerson 8% Jun 21 % May 37% 15% 35% 40 a8 Dec Apr 16% 287 37'A a5o% a55% al8% & Share (Un)—^— Electric Bond v 34 8% 34 Pullman a8 a7% 5 Co Natural Gas Paso 33% * 1 Schenley Industries El 375 £0 'A Mar — 10c (Un) Nemours 66 16 % 11% 11% al6% al7% — ^-50c class A Labs B) 65 265 — ' 6% 1 Industries Dresser 10 * 7% —* Chemical Dow DuMont 30% 3 — e. Douglas Oil Co of Calif ; 253 (Un) —- —10 .. Ltd 1U111 Mines Dec 32% com__ Penney Rice Deere & Co Dec 32% Phillips Petroleum Crown Curtis Dome Dec 25% Mar - Cudahy r 8% 39% 6% Feb Feb Mar 3.75 May. 55% Mar 29% 41% Mar 37'A 26c / Jun — Oil Motor American Dec July 25% July 34% Jun Apr al7% al7% 2.50 294 Aug Sep 11c 51% Apr 460 23% 16% 25 200 36 7% 5,040 Jan 18% Mar a40 130 6% 1,500 83 Va 8% Petroleums 20 Dec 11c 3% a56 Sep July —25 67" 46 67 %c 13 29% 135 a55% 5 22% Mar 29 a27% a27% 1 (Un) Co Oct 20% Mar " 8% 2,953 — Spe a39% 6V4 . Mar 6% 29% 25 common Jan —' Jan; 20c a39% 10' Elec <fc 42% Aug 22'A Feb 100 54 11c 10 Finance Pacific 185 .. 60 3% 3% 5 41% —50c 15% 285 a56 1 94'A Mar (Un)——• 25% 1.90 Sep 3,621 16% 16'A • 110. . 16% 1 J (Un) 40% July 14% Sep — a58'A a58'A 1 preferred Pacific Indemnity Pacific Lighting new 62 20% 100 Co Co Jan 33 a (Un) 9 3'A . 14,000 ^ Apr 1 % July \ 20% Jun 44% Aug —' (Un)__,_—„—1 Copper 63 Nov — 25 Y N 557 Apr , — " (Un) Consolidated-Engineering Consolidated 20'A Sep »..♦ (Un) Edison 19% a22% a22% 61 167/b System Solvents Commonwealth 19% 10 75 Iron & 18c 4% Feb Phileo 4——1 Jun 14c 3% 65 6% (Un)_ (Un) Inc (Un) (Un) Petroleum Oil Oceanic 6% Mar Sep a— 75 a79% a80% 1 :—„. Oct 10c 7% Nov He 860 -- — 10 I 19 - 4% a37% a38'A 100 (Unt Multinlier Clary - 33% 25 Service 640 - (Un)_—25 Chicago Milw.& St Paul pfd (Un) 23% 67%c67V2C 1.2 12 33% 33% a43% a43% 61% 61% 1 Chrysler Corp Cities 12% Mar Sep 20% —v. ;:_-l ■ Chesapeake & Ohio Ry Co x __ • Products Sep 3% a48% a48'A al5% alo% g50'A a51Va al5V8 -10 (Un)„ 26% 6 I,175 a9% — 12% (Un) Tractor Corp Certain-teed a9%"' 10 (Un) (J I) Co- (Un)— Oct 1,140 4 22'A 22%* __1 21% 10% — . 25 .j. (Un) 70 10 3% y 2 Co a23% a23% a23%' 1 Oil Ry Airlines Carrier Corp • ——5 - Oils Canadian 355 Jan 30'/a Mar Jan 17% 200 Feb 11 1 19% 1 Aircraft 855 1 22% Sep' Jan I Sep 1,560 4% 1 66% 9% 22% 735 19% • Co 54% May Ohio t Oil 50 7 6% 50c Corp Norrls no 17% __ Chemical (Un) 201 60 % 74V* 11 % 8% 11% 11 —1 Nordon a26% a26% 1 Central RR 9% —f (Un) New 11 % 8% ' 11 % f %9 Burlington Mills Corp (Un)—: Byron Jackson Co , 74 9% __* t pfd_ conv * 74% National Theatres Oct 48% ' Borg-Warner Corp ,, Supply (Uu) Jan 9 Sep 38% July Mar 40 .... — Jan 3,110 3% al3% al3% " Borden Company (Un) 1% July Mar 24% Mar 57'A 7% 2,075 a 65 8ep Sep 2c 30% Mar 54'A Sep Sep I 44% 13,000 a45% a47% 8% -.1 . 2c 2c — ,_1 Corp Inc (Unil Stores 1 1 a51 10c —2 —5 a— ''' Bolsa 50c .—• (Uu)_ Corp 40% Mar ; 4% Dec 3'/a Aug 28 National Benguet Cons Mining (Un)_t.— » 1.75 July 22 '/a Mar Jan 8'A Jun 55 % Apr Range Since Jan. 1 High 1.20 * i Aviation Low 1 10% 10 ; Shares —_16%c 3 common Co for Week 1 10% 100 Sales Range of Prices rar 11% Mar Dec Week's Last Sale Price " 1 Barnhart-Morrow Basin STOCKS -1 (Un) Co Bros U Range Since Jan. 1 High 8% 8'4 —lc (Un)__ -.Bandim Petroleum Co Bankline Low 1 13 (Un)—. DECEMBER for Week of Prices Par Hamilton ENDED Friday Last Sale Price STOCKS Baldwin-Lima WEEK FOR Sales Week's 27a 40 4% Mar -Zenda Gold Mining Co_„ 1 (Un) • 10c __ a38% 8c a21% a21% a38% a40'A 8c 8c 60 190 II,000 20% 35 6c July 20% July Sep 44% Feb Aug 13c Jan » . The Commercial and Financial Chronicle (2336) 40 . . . Monday, December 14, 1953 OUT-OF-TOWN MARKETS RANGE WEEK FOR ENDED 11 DECEMBER Week's Sales Last Range for Week Sale Price of Prices Shares Friday Midwest Stock Exchange Week's u Last Range Salt Pries .* of Prices Low Par > # J 1,200 39% Bep 47% 20% 21% 450 20% Sep 26% Jan 17 17 50 16% Apr 18% Aug 20% Akron Brass Alleghany Corp -Allied Allis Chalmers • American Cyanamid —'t : 10 Co 1;American Investment <■ 11% 12.50 (Un) —* Nov 32% 6% Feb 150 7% 4% 10O 4 July 3% 350 3 Sep 26 % 700 23% 44 % 600 41 Sep 5% . Apr Indianapolis Oct 48'A 22% International Mineral International Nickel Co 30% July 59 Jan International Paper International Shoe International Tel 23 Va 13% 13% 11% Sep 15% Jan 33% Sep 39% Nov 43 % Sep 21% Sep 50% Dec 25 Jun 31 22% 22% ' International Feb 46 r Co Harvester t Iowa Illinois American Rad & Stand San ;_7 wW'-' • (Un) II100 -•^American Tel & Tel Co 1561 156 Va 400 ' : 19% Sep Iowa 24% Mar 250 12% Sep 15% Power — Light & Jan a 157% 4,000 152% Jun r.""''. : ... American Tobacco Amurex Oil • Class A _25 2% 213 2,300 23-2 Nov Armco Steel Corp (Un) ..50 (0»; Armour & Co (111) Refining common & Dec 2nd (Un) 300 29% Sep 45% 34% 600 31% Sep 43'A Jan 9% 1,800 8% Sep 3,300 11 % Sep 18% Mar La 1,100 22% Dec 28% Jan Laclede 31% 31% 31% 225 25% Sep 31% Dec Lamson 95'A 95 % 20 89% Sep 99% Jan 6% 6% 750 5% Oct 50 26% Sep 1,300 3% Sep 700 4% Dec -10 6% cc 28% v •Automatic Washer Co —3 4 Va 4 Avco -.3 4% 4% 3ft Dec 8% 8% 150 8% Sep 20% 20% 20% 300 19% 61'A 61% 61% 120 53 Va lVa 2,800 3 Va 3 % 1,400 50% 51% 800 Corp Bailey Selburn Oil & Gas class A % Belden ' Bendix IV Aviation Corp 5 Benguet Consolidated Mining V Berghoff Brewing Corp ; Bethlehem Steel Corp (Un). 1 Booth Fisheries Corp ,« Foote Brown Bruce Li Burton-Dixie • Butler ' •' • . >. •. Secur convertible Jan Sep 53% Nov 38-% 39 Chicago Towel Co Chrysler Corp Service Jan 16% Mar 11 11 Va 650 10% Nov 17 14 14% 600 13% Sep 17% 16% 16% 150 15% Jan 17% May 12% 12% 300 11% Sep 15% 23% 900 22 Sep 33% Jan 1 Sep 2% Jan 22% Crane Class - ' I : 23% 33% 34 % 900 32% Sep 41% Feb 11% 12% 600 11% Dec 22 Jan Jun 20% Mar 27 Jan 29 300 22 Aug 65 65 100 11% 11% 100 103% 104 46 Mar 23% Dec Sep 76% July Oct 61 12 11 100 % Jan Apr 62% 1,700 Nov 96'A Jan 80% 850 69% July 95 % Jan 18% 900 16'A 22% Jan 53% 54 400 49 54 Dec 19% 19% 100 19% 21% Jan Oct . . . 28% " ■ __« 12% 23 __ _♦ 39% ——1 ' ; 12% Dec Jan 15 4,800 32% Jun 37% Dec 100 32% Jun 37% Dec 39% 40 Va 600 35% Apr 40% Nov 200 6 7% 7% Dec 11% Mar 200 25% Sep 34 1,000 8 28% 5% Sep 7 Sep 300 8% May 9% Feb 25% 25% 600 23% Sep 30 Jan 30 600 25% 30 Dec 10 10% 10% 11 37 Va 37 37% 500 8% 1,900 33% Jun Jan Sen 12 Jun 43% Jan (AlanB)—~ 3 9% 105 V* 1 (Uni 23% 10 Corp 46% 10Va 5 — 9% 9% 104% 105 % 23 Va 45% 10% 1,150 8% 700 23% 600 10% Nov 91% Jun 300 46% 125', 123 123 (Un) 21% 41% 66 117 10% 350 Sep Jun Aug Dec 17% Jan 107% Dec 28% Jan 47 % 140 13% Dec Jan Feb " Flour Mills of 1 America Inc 5 % 10 16 16 16 5 Auto Candy 400 5 5% 9 — 5 Corp 9 Va 14% 400 6% 1,1001 " Gibson Telephone 300 4 Sep Oct 16% Mar 9 Jan 9 Oct 12% 6% Sep Oct 8% Apr 39% Dec (The) Glidden Co Goldblatt Jan Great Brewery Cement Jun 26% Mar 19% Bep 24%. Jan 24% 100 22% Nov 30 Mar 300 26 % Jun 33 Dec 200 17 Va Sep 20% Mar 1 11 11 400 11 Dec 13% Jan 200 17% Sep 21% 700 61 20% * 21 62% 1 63% 2% 2% 3 2% .5 2% 2% 100 Apr Sep 80% Feb Nov 2% 1,700 7 7 7 5 Va Feb 2% Sep 4% Mar • 5% Mar 300 9% 9% 2,100 8% Jun 9% Dec 15% 100 14% Jan 16% Nov 9% 1,400 10% Apr 92% Apr 83 Va 90 500 ; 66 ' Aug Sep 30 Va 30% 150 29 Sep 9 89% 3% 4 41% 41% 700 4 41% 2% Jan 4% Apr 41% Dec 22% 23% 900 16% 16% 400 23% 23% 40 23% 60 —* . 400 61 60 33 "A Mar - 35% July 1 23% 8 100 * Co 7% Nov 9% 15% 4 : Sep 12Va Jun I8V4 Mar 22 26% Mar 25% Mar Jan 44%" Jan. 61 Dec 6% 6% 6% 200 5% Jan 6% * 27% 27% 27% 300 23% Jun 27% 1 Hart & Inc Inc common.: Missouri Portland Mfg 3 1,800 15 2% 700 2»A Sep 9 6% 6% 6% Dec 57% 59% 500 43% Sep 10 37% 37% 37% 200 34% Jun.' 6% 600 Feb Jan 15% Dec 15 14 Dec 4 10 1 • Aug 10% Jan 59% Dec 41 • Mar Motorola Muter & Co Company 50c Kelvinator Corp Cylinder Distillers National Lead National Presto (Un) North American )Un)_ Aviation Illinois (Un) 16% Sep 25% Feb 15% Sep 17% Jan 17 Oct 19% Aug 36 % 100 30 % Sep 9% 100 9% Ohio Edison Ohio Oil Oklahoma Packard Pan Gas Motor Car American Paramount Parker Peabody class Coal Airways Co IH2 „ 44% — Pepsi-Cola Co (Un) Pfizer Co l 10 4% (Charles) & Potter Co Co Steel Process 23 17% Pure Oil 'Quaker Radio Co Oats Corp RKO Reynolds ~ 3 9 5 35 Feb Dec Sep 8% Feb Jan 46% Dec Sears 18% Feb = 34% Jun 39% Jan ? 200 50% Apr 57% Aug 27% 27% 800 23% Jun 27% Mar 3,800 3% E>ec 8% Sep 6% Jan 11% Mar 26% 26% 29% Mar 13 Va 13% 300 12% 15 3 3% 500 11 11% 1,500 17% 18 2,000 13 Vs 3% 11 ■: 17% 136% 136% 13% 200 13% 500 13Va 3 11 17% 131 10% Jun 5% Oct Jan ? '• Jan 18 Oct 23% Jan Nov Oct i Aug < 147% Mar ! 15% May \ Jan Oct 34% 26% July 33% 34% 1,800 32% 1,300 29% Sep 42% Feb ; 27% 300 27% Dec 36% Jan i 54% 55 400 48% Sep 69 Mar ? 11 11 50 Dec 18 Mar • 11 11% May ; f 9% 50 8% Sep 9 35 7% Jan 9% Oct 35 % 36 300 29% Jun 36Va Apr 41% 42% 400 35% Sep 43'A Jan 1 48 Va 48 % 500 42% Sep 62% Jan f 29 29% 500 23 Va 24 Va 1,100 25% Aug 21% Nov 29'A Jan > 400 2% Mar 4% Jun » 3% 5% Dec » 9Va ■ • « • (Un). — 23% 3 -1 .1 3 5 3 5 1,200 _ 22 Va 50 9% 100 23 21% Jan 9 % 8% Sep 14 50c _ 30 Jan 22% 5 14% 700 48% 48% 1,200 14 41% Mar class ; 19 % Jan ; 52% Mar Sep i 48% 6% 6 Va 200 5% Jan 10 B *■ ; Oct 6% Tobacco < 14% Mar • 39% 38% 40 Va 3,900 38% Dec 25 24% 25 Va 3,950 24% Dec 38 Feb 20 20 20'A 600 19% Oct 21% Nov 3,000 • ... 5 common.—12 _ _ . _. Sep 6% . 49 Dec Aug „ Brand Socony Vacuum 9% 1,100 1 % 1% 510 1% Nov 2% 18% 750 18% Oct Standard Oil 1% Sep Sep 20 y8 600 3% Apr Standard Feb 25% Dec Standard Oil Lathe Co 13% 12% Jun 20% 500 17% Sep 23% Mar 1 21% 1,100 20% Sep 27% . 15% 15% 200 15 Sep 13% Mar 1 60% 61% 500 56% Apr 62% 1 14% 14'A 100 13% Jan 17% Mar 1 . 16 161/2 900 14 % Oct 18% Mar • 32% 32% 33 Va 700 1 Inc (Un) Works 5% 5% 5% 800 30% 4% 43 % Mar Sep Jan 6 Va 37% . 10 V2 July Feb Southern •Spiegel Pacific Jan 27% Mar 34% 1,100 5 24% 24% 24% 200 22 Oct 16 16 16% 2,100 13% Sep Co 16% 37% 37% 400 36% Sep 49 % Mar ts (Un) 6% 800 5% Sep 52% 600 49% Jan 70 700 65% Sep Sep 59% 68% 81 Jan 15 72% 72 Va 72% 1,700 67 % Sep 78% Jan 16 16 100 15% Jan 19 Mar 14 600 12% Jan 14 Dec Standard Indiana Standard Oil Co 13 • California N J (Un) (Ohio) 9% Mar 6 % 51% 69 6 Va of 23 — —10 32% 32% 33% 1,100 31% 9% 9% 9% 400 9% Dec 300 1 38% Oct 1 - Oct 19% Mar Sep 50% Mar Stone 18% Sep 16% Oct 20% July 8% Railway Equipment Stewart-Warner Corp Nov Dec Feb 25 Inc 100 4% • Oct Sep 30 58% Mar 25% 15 Dec 35% 15 _ (Un) 25% 41% Jan 5 Oil Oil of Bend Feb 13% 19% 21 • Clothes 14% 13% 21% 5 .1.40 ... 45 Sep 8% May A Roebuck & Co 100 550 15% 600 27% Serrick Corp class B common. Signode Steel Strapping Co Sinclair Oil Corp South 9 800 39 56 Va 32 Va (Un) Louis Public Service Southern 8% 17% 38% Sep (Un) (R.J) • Feb 25% Oct _• Richman Bros/Co Rockwell Spring & Axel Co Jan 500 43% 100 x Corp (Uni Rath Packing'. Raytheon Manufacturing Co Remington Rand (Un) Republic Steel Corp (Un) Mar 900 Jun 150 33% Theatres 38 1.000 37% 41 % July 250 • America 14 17% 14% Mar 9 1/4 Co of Oct 23 70% July Jun 32% Co RKO Pictures Corp Feb 23% 12 Sep 12 \ 1 (Un) 12 21% Oct 53% 2,700 9 3 Public Service Co of Indiana.! Pullman Company (Un) 28 17 10% -9 50 22% 1.1 150 300 14 ? Feb 3% Corp 700 6.000 23% Mar. 9 Va ... Car 12% 4% 23% Jun i —12.50 (Thei Pressed 52% 4Vi 20% Mar Sep 19 Va 3% —33 %C Phelps Dodge Corp (Uni Philco Corp' (Uni Phillips Petroleum Co 29% 850 Sep 18% l 100 52% 550 15% 200 900 4 50 Co 29 Va 16 300 18% 23 16% 27% —10 Peoples Gas Light & Coke Schwitzer-Cummins 32% 44% 20'A 38% —25 Feb 900 44 < .8 __ 1 69% 46% 15 Va . Jan 40% ... 9% - 25% 2,300 40% 5% conv prior preferred Pennsylvania RR 12% 14 t Nov 19% 11% 5 Society — Jan 19 19% 22% -2 Sep 46 Va 3 5% 58% (Un i " (Un) 28% Mar • Sep 18% common 18% ~ 3 13% . St 45 Va «... 100 11% (Uni B Regis Paper Co— Schenley Industries Apr «■ 4 13 % .. St Jan 2 34% Mar * Dec Jun 2 Oct 58% (Un) World Pictures Pen . Electric & Dec 34% l1** 26 56 Va . 61 29 - Feb 50 20 19% (Uni 53% »■ Nov 13 29 4 17 Co Co Jun 23% Va 38 Dec 29 Jan 1,100 —• 8% Mar 200 18 ...• 52 2,800 Nov 58% Northwest Bancorporation 11% Mar 1,150 6 6Va coni-.o (Minni 17% 2,200 5% 450 800 " 91 44% 5% 6JA 2,100 10 Sep 28% V2. Jan % 36 % ;_100 Power 42% 17% 1 Corp States Nov 19 % ...10 Ry Northern 30 Va 16 % 29 1 North American Co (Uni Pacific 100 18% 1 North American Car Corp Northern Apr 31% 9% ___* Northern 65 Jan 17% 10 Central RR Jan Sep 16% 5 ... Mfg 39 Va 53% 35'A 18% 5 Industries & Nov 27% Nov 700 6 — .1 — National Standard Co National Tile — 5 Gas Products Co . New York "" iT — 3 National 36 150 56 Va 31% • Inc National 27% 28 55% 34 V2 • Ward 200 28 Cement Co Apr 31 2 Harnfschfeger Corp 22% 19% 33 • Jun 44 1 page 47. 200 900 ___4 Container Storkline see 24% 20% 33 ... 8% 28% IIIIIl Helleman For footnt.tes 31% Mar 19 (Un) Co 67% 30 V3 25 (G) Brew ing Co Hein Werner Corp Jun 24% — 12 • 28 V2 II "II.Il Chemical Co Organ Apr 44-% * Gulf Oil Corp. Hammond 2,100 2% 31 • Co Towing common Greif Bros Cooperage class A__ Greyhound Corp (Un) Hallicrafters 300 60% 29 Western 60 % 58% g Coll"I Lakes Griesedieck 100 Oct 5 _I , & 28 1,200 9% 59 • Motors (Uni Great Lakes Dredge & Dock Oil 12% 58% II.i Graham-Paige Lakes 2% 89% 9% — (Un) Great 400 6 Co Hi 2% 20 (Un) Corp Bros (W 31% 5 Goodyear Tire & Rubber Gossard 2% 300 12% ' « 39% 87 87 l Refrigerator Co Gillette ' • Corp General Package Corp General Public Utilities General 2% ,5 . 39 — — 1 Electric Co (Un) General Finance Corp common General Foods Corp Motors 6% 2.50 General General 27% 32% ... & Co Brick Rexall Drug Gamble-Skogmo Inc Gen American Transportation General Box Corp General Jan Jan 20 ___ Falstaff Brewing Corp Four-Wheel Drive •' 300 10% Apr 29% 25'A 10c Phono 29% Mar Jan 3,200 5 & 28% 25% 37% 7% —« — 20 a 22% Jan 200 12% 5% ' 10 „ 28% 37 Va 7% 1 Dec 36% 12% 28% —- 10 Sep V* July 37 Va 36% 25 60% 225 27 Va x28 x28 25 Co 29% Feb 20% Sep 24% Oak Manufacturing Co 110% 18% common - 9% Nov 80 de Nemours (Un) Kodak 17% 50 1,700 61 "A" Emerson Radio *' 23% 33% 1 (Uni Laboratories Inc Eddy. Paper (' 28 % 18% Eastern Air Lines Inc i 20 80 s Company /Eastman % Dec 11% 1 Edison (E I) 42 % Mar 19% 37 6l Dow Chemical Co du Pont 23% 23% Co Dodge Manufacturing Corp , Jun Sep 18 % 28% I5 Detroit Edison. Co Mont 3% May .1 Inc Deere Du 26% Aug 23 1 ; 2 10 ; & Oct Nov 19% 39% * common Curtiss-Wright Corp (Un) .«- 100 58 20 —__.. yl Cudahy Packing Co i. 600 2% 1,550 * Inc Company L) Portland Modine Feb 23% 12.50 System 13%- Sep 1,600 20 of Ky Elec & (Glenn Montgomery Jan 39% 10 Consumers Power Co Continental Motors Corp ; 20% 2% 23 % « $1.32 convertible preferred ti 1,100 20% 2% 5 Service 1 ' 1 • __ Commonwealth ,* • . 1 Co Columbia Gas 40% 600 10% Feb 22% Cleveland Cliff's Iron common Clevite Corp Clinton Foods Jan 15% 10% 29% • prior preferred Minneapolis Brewing Co.. Minnesota Mining & Mfg Mississippi River Fuel Feb 18 Corp— Cleveland Electric Ilium 38% 14% 10% 1 $1 Jan 65% 50c preference 150 14% Miller Mar 3% Nov preference convertible Jan 49 ... (Arthur Gi Medusa 14% Aug 85 Co Metropolitan Nash Public Illinois Coleman Co Jun Sep July Dec Biscuit Illinois 1 2 ll% Jun Central & South West Corp Illinois Light Co.— 1 66 1,100 12 23 South Bend RR__ t Jun 10% America Central 33 Middle. South. Utilities 57% Jan 61 Central Cities 6% Sep 25 Brewing Corp $1.40 Jan Aug 150 Chesapeake & Ohio (Un) 23 Chicago Miiw St Paul & Pac com • Chicago Rock Island & Pacific Ry__♦ Chicago, South Shore & • , 176 Va Martin McKee Feb 1% 650 15 of Jan 32% Mar Sep 200 Marshall Field & Co 4% July 11% Mar 66% Oil \ Corp $1.50 Gas 10% 14 Va Centlivre v Mfg class B Louisville 12 5 Central • Lonergan 62 11 Celanese v 48 Jun 24% 53% 7 Feb 10% (Un) Carr-Consolidated Sep 26% 53% 10 Jan 12 1 '' • 36% 250 Jan — 8% 62 • (Un)__\J y, ' 600 2,300 Feb 38% Co_____ 5% 15 -12.50 Pacific Dec 8.75 University (Un) Co Sessions & Lion 2.50 „ Corp " 250 12% 2 41 % 47 Lindsay Chemical Co common Apr Oct Gas Feb Sep 3 Extension Salle Nov 9% 30 22 44% 74% 2 Jun 12% Mar Oct 1 12 Va 2 ^ Brothers ••• Canadian > 50 71% 12 Va „ 20c Co Company Burlington Mills Corp Burroughs Corp (Un) 5 1 Works Shoe Co Inc.— E 51% 5 Gear Budd v - _fl Borg-WarnerCorp Brad ' _• 3ft 1 1 (Un)—lp 4% 5 3ft 13 10 t , 1 (Un) Manufacturing Co ; 34% Sep Llbby McNeil & Libby —1 400 Dec 1 33Vhc 11% Corp 41 % 24 Va Mar 35 % 10 10 Co 23 % Refining Co I*' Baldwin-Lima-Hamilton Monarch Kropp Forge Co Knapp Feb 11% A they Mfg Apr 22% -50 Products 20% 9% Atchison Topeka & Santa Fe 28 % 27% 28% 86% Jan 28 Drug Co --— Kelley Island Lime & Transport. Kennecott Copper Corp (Un) 22% Tio ___ 28 % 27% Sep 14% 600 Katz 77 % July 31 9V« 41% 66% 300 Co Power & Light.. & Light (Un) 11% • 41% * Power ...1 preferred- Investment ■ 9% Mar City —5 common convertible Atlantic 650 30% 33 % ; .10 Ashland Oil Associates 10% 62% 1,600 10% —5 . Mining '$1.50 65% Alum Kansas 2ft Nov Development— common Anaconda Copper , 62% 63 41% 1Q% Aug 700 1,800 36% & Chemical common Kaiser Kansas '••■-Rights 40 % 8% Oct Mar Feb 161% 41% 400 23 30% Laughlin Steel (Un) Jones & 18 Dec 5 % Mar Sep 29% ' ; American Machine & Foundry. ; 76% 41% Sep 21 35% Electric & 10% 76% 'High Jan 2% 7.50 :* • 3.50 Co Gas 300 39 * — (Un) Co 22% 10% * (Un 1 & Tel Power Interstate & 500 18 76% * •■ • Chemical—.5 Steamship Interlake 350 2% 22 % 22% —1 Co —: & Light Power Co Steel Inland Products Low 41 % 2% -10 !00 Co Steel 5% Mar 550 38:% Brick Indiana Jan 3,100 12 38 Va 47% 48 ■ Range Since Jan. 1 High 40 40 — Illinois Central RR 10% July 10% Mar 11% ' 1 Co (III) 19% 300 44% 'III* -HIi Mig Co 26 — Airlines American Can ; 1 — 260 25% _50c (Uni Laboratories 'American / Equipment Manufacturing Gas ■ 8% 3% ; Affiliated 8% 8% 4%. —5 ——1 20% 8% 8 Va 1 Admiral Corp . Aluminum Castings!—. Jan Bartlett Spencer Illinois 44% 21 -10 Co £,;f?,'Advanced « High 44% :v?, Adams (J Di Manufacturing Co. . Low 44% 5 Laboratories Steel Acme }£'. Brage Sine* Jan. 1 High , Abbott Low ■/..Par —25 Hupp Corporation !— 1 Huttig Sash & Door common— 10 Hlbbard Shares STOCKS v.'' • Sales for Week Friday * • ' round-lot transactions only A compilation of tbe ti'5* STOCKS 9% 23 22 Jan Nov Feb 23% Nov 11% Jan Studebaker Sunbeam Corp Furniture & Feb Sep 9% 450 9% Sep 10% Feb 22% 600 18% Nov 22% Dec 22% 22'A 10 21% Sep 43% Feb 32% x35% 1,600 27 19 % 9% 20 10 Jun 35% 5 15% 15% 16% 950 14% Feb 17% Nov x 16% 16% 16% 1,800 15% Sep 91% Mar 1,300 35 Va Jan ! Jan Machine Tool Co. 22% * J Sunray Oil Corp 6wift 23% 16% 9% 22% 5 - Jan Mar Corp (Un) Corp Corp Sundstrand 13 . (Un) x35% 42 41% 42% * 4 Volume 178 Number 5281 . The Commercial and Financial Chronicle .. 41 (2337) OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week'* Last Range Texas Co .Texas (The) Gulf Thor --25 Producing Corp Thor Toledo Tool Edison Trane 20 — Power Co Co Co Transamerica Coal So La Salle Union Carbide Union Oil United U U S St Co Sep 28% May 19 % Mar 11% Jun 13 Va Mar 12% 12% 1,500 26% Aug 37 % Mar 23% 28 % 2% Sep Dec Laboratories Admiral Air Corporation Reduction Alaska Co Juneau common Gold Mining 2% 1,900 2% Dec 16% 400 13% Sep 17% Jan 16 "A 600 15 Va Sep 20% Jan Aluminium 19 400 14% Oct 20 59 Corp 19% 59% 110 55 Jan 60%. May 72% 600 Nov American Amer • 71% 39% 39% 100 37 V* Jun 22% 22% 1,000 21% Nov 32 4% 4% 700 4% Jun 5 (Del) (Un) 28% 28% 300 23 Va Sep 31% Jan Works 39% 39% 2,800 33% 44 Va Jan American Potash & 8% 700 7 Va Sep Sep 12% Mar American Rudiul.or Stores. 12% common—_. • * Wisconsin Electric Power Wisconsin Public Service Woolworth (F W) Co 23% & Corp Nov 29 100 39 Feb 48 1,100 40% Sep 28 Va 28 Va 200 23% Sep 350 13 Va Jun 14% 14% 14% 77 77 77 14% 14% 14% 850 13 Jun 28% 28% 74 Va Mar 20 29% Dec 14% Mar 82% May 15% Mar 28% 200 24% Jun 29 % Oct 18% 18 Va 18% 500 16% Jun 19 Dec 43% 43 Va 43% 600 43 80% 300 78 Va _ :::: s Sep 71% May 45 Va Aug 80 % Dec 9% 9% 250 9% Oct 14% Jan 38% 39% 700 34% Sep 47% Jan 67 V* _ 9% 38% — _ Common Jan Aug 52% Dec 10 Co _ 22 42% 51 Va 23% 10 Tube_ _ 200 42% * Machine Mar 5% Mar 50 Ve 50 Va _____ Youngstown Sheet Radio • —10 * Jr Yates-American 8 1 . (Wm) 8 10 Corp_ $4.25 preferred ■ ; Wisconsin Bankshares '.Corpi— Inc 395 10 ■ - Telegraph 32% Jan 23% 650 22 Va Oct 28% Jan 3% Apr 5% Jan 3.1 100 a73 % a73% 44 y2 2 1,155 67% 200 64 Va Jun 80 Jan Sep 3% 20 63 Sep 75 V* Mar 42 Sep 58 a48 % a48% since range Jan. 1 (Un) .Common 1 Chem S &. Friday Week's Sales Last Range for Week Sale Price of Prices Shares Par Amer Security & Stores Trust Co. Low -10 Co 34% 45% American Tel & Tel 100 156% 45% Sep 15% Jan al5 al5 Va 61 13% Sep 15% Dec a38% a39 Va 117 32% Feb Nov S Jun 39% -'48% 334 13 V2 Jan 15 43 30% Sep 34% Dec 15 Ve Feb a48% a48% 14% 14% » .3 ton) 43 14% a35 Va a35Va lu 20 13% 13 Va • Tel . Tel & American Tobacco American Co 555 Woolen (Un) Co (Un)__ Louisiana Armour Co & Co 50 31% 1,520 62% 545 Nov 34 % Nov 47% 37% Feb 47% Dec 1 2A 21% 30% 8Ve 5% 152 Jun 161 Va Jan 2'A Nov 165 17% Jan 21 Va Dec 372 25% Feb 30 Va Nov 12 8% 8 Sep 2 hi Nov 11% Mar 5% 6 944 3Va Apr 6 Dec 29 Va 30 535 19% Apr 31 Nov 10% 10% 11 Va 894 10% 28 61'A 60% 62% 1,418 1 7% 7'A 7% 315 Delaware Power & Light common—13% 27% 26 Ve 27'% 442 hi Va 23,222 $2.50 Budd non-cum preferred 50 Company • Chrysler Corp Curtis Publishing Co Nov 16% Mar 60% Nov 96 5% Sep Jan 8% Apr ' 30Ve 30 Va 590 37 100 15% 8Va 8Va 140 8 Va 35% 33 % 334 3l'/a Sep 9% 9% 8% 10 5 210 60 100 P2 28c 27c 29c 3,295 3 4% 4% 4% 230 a8% a8% 90 10 % 100 7% 100 10% 45 Basin Oil Beech Bendix 3,153 25 Vb Sep 31 '/a 27 Va 1,514 25% Sep 37% May 97 77 % Jun 97 Martin (Glenn 19 50 18'A Oct 19 58% 61 Va 3,647 53% Sep 70 5 13% 13% 13% 50 12% Sep 16% Mar 15 10 21% L)__ - Feb 24% Oct 1,130 21% Dec 8% 525 7Ve Oct 11 Va Jan 15% 169 14% Oct 22'A Jan 16 1 22% 8% 14% ~8% 20c Corp Corp. Pennsylvania Power Pennsylvania RR 12% Sep & —1 Light .50 Pennsylvania Salt Pennsylvania Water '& Mfg 18 % Mar 11% Sep 30% Jun 36 Dec 4,099 17 Va Dec 23% Jan 513 ,40 V* Jun 52 Va Jan 660 33 V* 103 12% 12% 533 35'A 36 Peoples Drug Stores Philadelphia Electric 17% 17% .10 Power Co— $1 div preference common Philadelphia Transportation 2,367 18% -44 43 % 38'A 39 V* Sep 41 31 31 30 Oct 31V* Dec 31 Va 32 V* 2,680 28 Ve Sep 33 Holdings Co Budd 23% 23% 320 20 Va Jun 25 Mar 11 Mar - • 4% 2,381 3% Sep 6 Aug '-20 1 Corp 6'A 5% 6% 1,955 5% Sep 7% Service $1.40 . i div El & Gas preference 27% 28 V* 1,125 26% Nov 361/* Jan 16% 17% 6,142 16% Dec 18 Nov 41% 41% 260 41% Dec 42% Oct 4 25% 25% 26 1,585 24 Va Jun 27% Jan 25 Ve common. 25% 477 24% Jun 27% Feb 26% common— 27% 472 26% Oct i H Reading Co 50 Scott Paper Co • Bun 27 • Oil Co United Corp United Gas Improvement Washington Gas Light Westmoreland Coal 13 % & Lothrop 1,066 54 % Jan 70% Dec 70% 140 68 Va Nov 82% Jan 4% 33% 70% 69% 4% 50 4°/« Jun 6 Jan 33% 313 30 Va Jun 38 30% _• 33% 30% 309 30 Va Oct 31 11% 11% 26 % 27 V* * 1 10 common a61% a61 % a61 V2 1.10 Jan Dec 8% Feb Jan 10% a 11% Mar' Nov 9 Feb 14 Ve Mar 5 Jun 8% Sep 16% Jan 67% Mar 10% Nov 51 Ve 138 l'/a I Va 51% 1 Va 600 51% 360 45% 2.05 2.00 2.10 9,574 2.00 47% 47% 338 Sep 1 51% 1 (Un) (Un) 1% Sep 3.00 Dec Jan Feb 5 Bunker Hill & Calamba Sullivan (Un) (J & 57% Oct 80% 140 11 Get Oct Apr, 16% Mar II Ve Rv Ltd 18 17 Ve Sep Sep 22% Mar Jan Feb 5% Apr! 3% 1,993 3%. Oct 125 13% Mar 192 20% Oct Sep 17% May. 27% Jan 6% Mar Nov 33% 3% 3% 200 3% 22 V2 22% 286 22 Ve al5% al5% 50 15 Sep 24% Jan Oct 63% Jan 38% Jan 22 % 50% 50% 954 46 • : % 17% 15 Va 10 common America Corp of Oct 13% 195 3% -12% .28 11% 510 a22% a23 % 3% a22% 2 —' (Un) (Un)- Co 100 i4 y2 15 Ve 1 —5 5 12% 14 al7 al7% al7 11 Va 12 V* 14% 10 Co Pacific I) Jun 66% 5 Cement Canadian 54% 25 2% —— California Packing Corp Canadian Atlantic Oil Co Case 48% Oct July 11 a72 a73 Va * Sugar Calaveras 37 a60% a60% 5 20% 20% 183 19% Oct 62c 73c 10,800 33% 33% 325 Eureka Corp— 1 Chesapeake & Ohio Ry (Un)_——25 68c 62c Dec 1.35 33% Dec 41% 11% Nov 22'/* Jan Gen Milw St Preferred . Chrysler Paul Clayton RR (Un) com (Un) Corp Silver • Mines 12 all% all% 100 a43% a44% a44Va —20 — 345 42% Apr 50% 61 Va 539 61 Va Dec 95 20c 1,600 19c Sep "35c 61 Ve 61 Va 20c —10c Clorox Chemical Co Colorado Fuel & Jron Columbia Gas System Commonwealth 41 Va 41 Va 100 32% Jan al7 50 15% 12% 463 12% Consolidated Grocers Consol Corn Dec Feb Jan IUn)____ 32%, Jun 37 Nov':r'-; 35 Ve Jun 42 Dec al3% al3Ve al3% 40 14% Jan 16% Mar a-7% 25 Crucible Steel Co Of Amer Publishing Co • ^4 3/« __ . .25- 68 , : Sep 106 91% Jun 67 22% Sep- a23%.a23% ... 12 1 a7% 7% 7% 100 65 65 60 a7%- - Jun 102% Oct Di Giorgia Fruit $3 Doernbecher Domlnguez Dow 82 Du pfd * Fields (Un)— 2.00 2.00 2.00 600 • Co Mfg Oil Chemical Mont 36% 36 V* 37 3,229 37 % 37% 9% 9% 5 Co Lab • Feb Nov 11 % Nov 23 26'A Oct 27% NOV Jan Air Eastern ...Eastman (Un) A class Electrical V" Electric El Lines Kodak ,EL Dorado Oil Paso Emporium 10c (Un) (Un) (Un) Co 56 '/a Feb 8% Apr ' * 1.95 . 9 % Mar. 65 Apr Deo 2.85 May v Dec ■" 38 Dec Jun 42 % J*n ' Nov 17 Va Jan : Apr 106% Dec 27% Jan 47Ve Not:! 29 Apr 515 34 Va 120 9 Va (Un) 92 100 45% 45% 362 6 6 6% 14,190 4% Aug 10 10 10 100 9% Nov 11% a20% a20% 10 19% Sep 27 % Mar 35% _4 _ 701 23% 22% Aug 41% Jun 35% 194 31% Sep 37 Mar 37% Sep 46 V* Jan • 5 Gas Co 3 • Co Ltd 41% 41 % 42 907 1 Capwell Corp 105 106% 23% 25 —10 Share Co & 9% —1 Works Natural Eureka Inc Products Corp Bond Co— Fibre 1960 109 109 $500 Oct 108 110 Nov Food Petroleums Ltd Board Prod Machinery General % Va Va 100 3% 4 400 3% 106% 106% 10 106 Va 39 39 417 88 Va 88 Va 1,536 59% a 60% 60 % 60% 1,350 9 • pfd (Un)__100 Cliein Corp 10 prior & Electric Co (Un) * General Friday stocks 106% Va Dec . 7% Par Ludlum Columbia Co Steel General Jan li90 Jan 7% Jan Light Pitt Home Joy Walker Refractories Star Natco Pitts Co San 12% 12% 168 12% Dec 15 Va 5% 5% 6% 2,710 30 Va 30'A 4 25 Va 25 Va Dec 8 Mar preferred (B 30 % Dec Great Dec 7% Jan Greyhound 4 22% Sep 31 Oct 30% Jan 25 Va 253 27 Va 27 Va 20 Hancock OH & Bolt Eros Spring Co 32 Va 94 31% Sep 39 Va Mar Hawaiian 32 2J Jun 29 Jan 1% 500 Dec 2 Jan Corp States Glass 7 1% 20 Foundry Co—5 300 6% Jan 8% Mar Honolulu Va 2,600 l'/a 2 Ve Hunt 53% 155 44% Sep Sep 7% 4% -5 — common % 41 Mining Oil Foods 28% 430 24 Jun 28% Dec 47 47 100 36 Feb 47 Dec 19% 19% 250 17 Jan 21 Va Mar 24% 25 V* 18,659 80% 25 V* 15 Va Jun 26 Dec 83 210 66 Jun 83 Oct a78 Va a78% 28 62% Sep 75% NOV a52% a52% 50 44% Sep Sep 54% Jan 2% Feb 1% IV* 100 a47% a48% 435 48 Sep 58% Mar 13% 13% 595 12% Jan 14 1,930 19% Nov 28 % Mar 11% Dec 14% 1 % 20% 19% 21 % 11% 11 % 11% 2,745 1.00 1.00 1.05 2,700 3 3% 490 3 Dec a34% a34% 100 34 Dec 47% 12Va (Un) Corp • Inc 49% 155 al4% al4% 23 1.05 1.10 3,720 27% 28% 618 a36 V2 a36 V2 49; 6% 6% Nov 4% Feb 5Va Oct Idaho Maryland Mines Corp (Un) International Harvester <Un)_ Oct 21% Nov Inter'l 9% Feb 12% 331 11% 5.% 5% 100 4% Oct 6 5'A 5% 200 4% Sep 8 49% 1.00 Sep Oct 1.70 Dec Aug Jan 5% May 39 % Aug 56% Aug 18 Va Mar 13% Nov 29 Va May 51A Nov Nickel Co Canada (Un) 1 1.05 —* 27% 1.05 Nov 24% Sep 33 Jan 37% Nov 45 * Mar 2.00 Mar 57% Nov 6'A Jan 1.100 5c Sep 10c Nov 16% 22% 22J 23 440 *22% Dec 12.50 50 Va 49% 51'A 923" 39% Sep Apr 1 19% _-10 47. 12% 28% 1 100 Brake.- page Sep • Pineapple Co Ltd 150 —1 see Feb -—1 4% 11% 11% Oct 69% 58% Mar 7c ' Corp Jun 7c 1 56% Sep 28% (Un)__• 3 20'A trust ctfs Electric footnotes 53% 10c Engineering & Air 1 4 Axel United Common voting 7% 1 Va * __ & 7% l'/a Jan 10 (Un)—* pfd Holly Development Co Holly Oil Co (Un )_ 7% 52% 54'/a 10 class A 23% 10 Mining Westinghouse Westinghouse common 1% 2.50 47 1,069 9 Va • (Un) non-cum 32 Ve Homestake common Dec Feb • Corp 23% . Jan 89% 67% 10 —100 (Un) Ry May 43 Jan 27 North a 1 _— F) Graham-Paige Corp Sep 218 24% 32% 5 161 4 Jan 4% 88 '/a 10 Goodyear Tire & Rubber Jan 1 United For 12 Va 5 Screw Toy Goodrich 1 Mfg & 22 Ve Mar 110 5 (Un) common. Sep Sep 38% 15 Va 10 Gas Corp Reymer Ltd Co 25% 15 * Pittsburgh Erewing Co Pittsburgh Plate Glass Rockwell State 100 17% ———* (Joseph) Co McKinney Golden 30 17% 1 Manufacturing Lone High 30 • Brewing Harbison Low Nov Oct • Gladding McBean & Co Range Sine* Jan. 1 5 Gas System Brewing Fort Utilities 17% —* — Duquesne Share* High * Public * —i Duquesne Low Paint Corp common 34 Sep 4 > Jan International Feb International Jan Intex Oil Paper Tel Johns-Manville Jones & & Co (Un) Tel com Corp (Un) Laughlin Steel (Un) • 10 330 48% 14 Va 15 490 14 Aug 20 % Jan 8% 10% 2,047 7% Nov 12% Jan 64 Ve 64 Va 235 58% Sep 73% a20% a20% 132 19 V* 24 54 7% (Un)—• 33 %o Co 10 V* __ 54 Jun Sep : Jan — Corp common (Un)—• Corp common 5 Gillette Company common for Week Range of Price* Motors General Sales -Week'* Last Sale Price Foods General Pitlsburgh Stock Exchange Blaw-Knox $ Fell 31% . 6 %, Aug 7 11%. Mar >• -,"72% Oct/H' (35%; Deb : .-Mar 26% 1,263 - a— — 7% 14%. 1 (Un) a— 60 ., —* (Un)—"__J Corp a8 100 Va 100%. 100% 25 (Un) . a74% a74% Corp common——-5 !— 8 a56% a56% „ 1 —'—; Curtiss-Wright 100 408 42 42 15 (Uni ' 42 a37% a37% (Un)__—• Refining (Un)— Zellerbach Preferred Y Corp;—-—1.33Va Co Motors Products Crown N .' ' ' —25 of Natural Gas Continental • • . ^ Allegheny - Jan' 20'.. Dec 41% Jan 15 Sep 12% Jan ..Jan 41% Jan ~al7 12% —-—3 Va (Un) Edison Edison Federated 5s— mortgage. '? Feb.,;,; BONDS— Washington Gas Light . ^57% Jan Sep 15 (Un)— Corp Du Pont tie Nemours & Co 69% 20 ——_ Woodward 69% 1 common Dec 27c 33% Jan i: !i 12% Mar 30% Aug Jan 27% Potomac Electric Power common— -10 3.60% series A .50 preferred. Public 5 Company Curtis Co— „3 Participating' preferred. Phllco it Jan1 100 % • Com Burroughs Corp Byron Jackson Co f 32 43% 86% Sep 27 Va Sep PI (Un) Borg-Warner Jan 23% 38% Inc——:— —5 common. ' 14 % Mar 16'A 12% 35% — a (Un) Consolidated Pennroad al0% (Un) (Un) Mining Steel 7% ——1 Boeing Airplane Co Oct 19 59 Va ~—• Cons Borden Chic Hecht (The) Co-common Apr" 8% Dec, Dec —5 Lehigh Coal. & Navigation' Lehigh Valley RR___ Aviation 10% Central 30'A 96 Va Brothers'-' of Calif Co Nov 29 Va 26 Va Gimbel 13 Aircraft Corp Celanese 29% pfd_25 (Un) 1 Dec 26% conv Corp Oil Co hi * Garfinckel (Juliust 4%% General Motors Corp ir, 19% Dec 8% 10V4 Jun 4% : Nov 10 12 Dec. Sep 8% a94 Va a95% Caterpillar Tractor Co 10 Deposit Co!—— Jan- 43 Ve Jun a28% a28% Dec 32 44% 29% Sep 43 a 16% 10 27% Fidelity & —— Jan 25% Mar. Nov 42% (Un) 23% July Rights Duquesne Light Co_ Electric Storage, Battery _ Aug!' 60 High 34 % 29% 29% 13 Baltimore Transit Co— Common Low 44 2,522 Jan." Nov 77 Oct 14% 50 Blair 219 21 % • 10 Range Since Jan. 1 3,482 <2ii Dec 35% Atchison Top & Santa Fe (Un) Atlantic Refining Co Betnienem 34% 2 hi 43% 160% Mar : NOV aa al5% . (111) / 670 -2 20 Corp— Steel 17Ve . 1,076 , Oct ,152% Jun 5 (Un)_____—5 Corp Gas 36% 16% * (Un) Oil 65% 35% — 27 1,349 28,332 Sep Nov Vi Nov ' Copper Mining Anglo Calif Natl Bank Fuel r2J3 12% 220 157% 62% 25 (Un) Anaconda 29% 156 —25 Corp Arkansas Arinco 13% 29% 15~6r 100 Co Viscose American Ark 25 r2% Benguet High 155'/a 158 Rights Arundel Corporation Atlantic City Elec Co Baldwin-Lima-Hamilton Jan 11 Va Rights Bankline below for the issues formerly selling on the simply the transactions since the merger of Oct. 15. STOCKS American * 330 al5Ve 12Va class B (Un), American Baldwin-Lima-Hamil shown are Feb 54 42 V* Apr 70 12 11% ■'A Philadelphia-Baltimore Slock Exchange The Sep Feb 612 44% Atok-Big Wedge Avco Mfg Corp (Un) _ Washington Stock Exch. i Smelting & Refining— * Electric Dec Vl • American Can Co (Un) American Cvanamid Co tUnj— American Factors Ltd (Un) • Iron 21 15 Broadcasting-Para Theatres— 1 25 ——10 Inc 44% 100 2 1 72% Feb 44% Aug 62% Jun High Sep 21 23'A 23 % 20 (Un> Low 40 % 21 * Inc Range Since Jan. 1 High a45 Va a45% 1 — (Un) Limited Airlines a45 Va 10 Co Alleghany Corp (Un) Allied Chemical & Dye Corp Allis-Chalmers Mfg Low • iuii) 2% 19% Shares 1 : 16 —1 5 . 16Va Jan for Week of Prices Par Abbott 1 3% Sale* Range Sale Price 1 Motor Co——— Zenith Dec 15% 700 (Un) Union Wrigley 14% 650 300 Carbon! & Lines Westinghouse Wieboldt 200 18% 35% -1 Walgreen Co White 14% 17% Exchange Week's Last Mar 28% S Steel Corp Western 54 57% Jan 35 Va — Corporation Dorn Feb 281,'4 California Rubber Van Sep 35 Friday STOCKS American of Air United 49% 100 35% common Century-Fox Film 208 600 40% 28% Corp (Un) 20th 56% —2 Trav-ler Radio Corp Tri Continental Truax-Traer San Francisco Stock 2 Corp 11 High 14% 14% 5 (The) Low 40 V4 * DECEMBER Range Sine* Jan. 1 High 55% —10 — Shares Low 56 % ENDED for Week of Prices Sale Price Par WEEK FOR Sales Jan May „ : The Commercial and Financial Chronicle 42 . . Monday, December 14, 1953 . (2338) OUT-OF-TOWN MARKETS RANGE WEEK FOR DECEMBER ENDED lj Week's Friday w«,r. Exch. (Cont.) Francisco Stock San ' Kaiser Alum Preferred Power & Kem 1 County Land,. Leslie Salt Libby McNeill __ __ Corp 22% 43% 403 41% 3,975 153 430 730 — 33% 34 9 9 Oct Dec 2% Mar 47 5% Mar Nov 20 Aug 82 59% 38% Radio Jan (R Co & common—— Co Magnavox 8% Marine Bancorpoartion Martin Co Matson Navigation (Glenn) lUn )— Apr 10% Apr Raytheon 29% Nov Remington 13% Feb Republic 25% Jan Reynolds Tobacco class B (Un) Sep 22 % Jan Rheem (Un) 100 43% 210 48% 48% 23% 23% 26% Co Sep July 18 27% 565 20% .12 175 10% Oct a21% a2134 al6% a 16% 65 32 21% Oct 16% 54'4 216 14% 54% al6% al6% 18% 18% 216 50 50 1,487 12% July 15% Jun 19% 33 34% July 36% Feb 23% 54 — — 18% Merck Apr M (Un> Rand & Montana-Dakota Montana Lode Cons M Utilities „ Oil Gas & Bldg Sep 2c Sep 6c Jan St 70c Feb 1.50 Apr San 17% 307 115 Sep 28% July 21 Dec 28 % Mar 30 Apr 55% — 55% 258 55 Sep 65 Mar 33 — 10 160 19% 20% a30% a.31% — —.• National 5 (Un) Corp Prod 33 185 28 Jun 36 Jan National (Un) Natl Gypsum Service Linen Natomas Company Oct 25% 16% Sep 21% Mar 525 17 % Sep 23% 112 18% Oct N — —— Norris RR 1 • Mohawk Niagara Oil North Co (Un) Mining Y Central North _ 7% May 9% 4% 7% Mar 237 North American Co 5%% Invest Northern Pacific Railway 75c Nov (Un) 1,700 555 18Vie —100 1 __ a — 18% 58% 16% Feb Jan Industries Sears Roebuck Shasta Petroleum Occidental Ohio Oil Olaa Co 1 24% 2.00 16 'A Nov Sep Aug (Un) Co United 20' class A Co Sugar (Un) Pabco Products Inc Pacific Pacific Can Pacific Coast Pacific Finance Corp Pacific Gas Co Corp Aggregates Cumulative Southern Pacific 28% Feb Railway Co 6.25 Oct Dec 100 51% Apr 3% 100 2.25 Jan 31% 260 31% Jan 2.60 235 1.40 Jan 2,014 8 8 630 14% 11% 180 7% Jun Oct 13% July Apr 83% Jan 18 % Mar Feb 25c 3% May 39% 56% Dec 3% Apr 32% May 3 % May 12% Mar 16 % Jan 1,640 229 26 Jun 29% Mar 6,178 34 Jun 40 Nov 34% Jan 25 39% 39% 39% 6% 1st 33 32% 33% ■5 % % ;■ i5% preferred preferred 1st 25 1st preferred 4.80% red 6% May redeemable 5% redeemable Pacific preferred Corp Lighting Pacific Oil Pacific Public new 1st & Gas 25 Western * Packard Motor Co Palmer Stendel Corp (Un)_ common Oil Corp American World Airways • Jun 28 Feb 34 2,862 33 Nov 1.00 1,400 75c Aug 121 25% 3 17 50 3% 24 Co Sterling 3% Texas Company Textron Tide Jun 26% 29 Jun 32 7« Mar 33 % Mar 25 25 15% a 42 13% Jun 1,427 36% Sep 49% Mar 100 38% Sep 47 Jun 40% 40% a46 % a46 % 28% 28% — 47 Mar 25% Sep 29 Aug 53 405 49% Sep 59% Jan 66 Oct 80% Jan 16% a32% 67 Sep 316 67 % Sep 78% 90 32% Apr > 36 Oct 282 22 Dec 43 % Sep 840 15% Sep 21% Mar 131 a35% a36% 22 22% 16% 16% a32'/4 a32% 22 1 7.50 38% Jan 360 52% a35% —1 14 16 % a68% a69% 72% 72% -- 5 30% Sep 39% Jan Jan 49% 5778 Mar a6 56% a6% 332 10 20% 20% 21% 493 19% Oct 2 28 27% 28'% 3.380 23% Sep 29% Mar 5 a!3% a!3% a!3% 31 12% Sep 19% a71% a72% 69 63 Sep 71% 25 Union Carbide Inc ; ■ 56% — :_.5Cc Oil Union Feb 28 34% Nov 1.25 & Electric Carbon — Co (Un)_. * Mo—10 of 36 6% Sep 11 % Mar Nov 27 1. Mar Feb 39% Union Sugar 12% 22% __. Aircraft United United Corp Lines Air (Utt) a Corp of Del (Un) U S Rubber U S Steel Corp Universal Oil 25 % May 6% Weill & Wells Jan 54c Preferred U & Coast Life Indies 11 Jan 15 Apr Western 29% Nov 43 Feb WesLinghouse 27% Nov 36% Jan 4% Apr 68% Mar Air com a28% a28% 23% July 29% Mar 250 56% 56'A 180 10 V4 340 204 28% 10 — 1 Dec 2 May 23% Sep 23% Dec 34 Sep 44 Jan 41% Feb 50% Nov 8% Jun 10% July 12 Sep 16% 30% Oct 36% Mar 94 25% Jun 29 33% __ 60 60 5 58 315 315 35 286 32c 35c 670 60 __ 1 Oct 3% 3% 3% 2,570 3% 26% 26% 26% 100 21 % 18 18 203 18 9% 9% 100 9% 9% 300 50% 50% 884 1 __ (Un)__1 25c —1 (Un) 50% Sep 15% Sep 26% Nov Jan Dec 26% BVf Oct 12% 83/ Sep 40 Mar Jan Feb 10% Mar Sep 52% Dec 50 12% Jan 16% 43% 575 43% Sep 47% Jan G ' 1 Dec Dec 60c 43% 6'A 20 Oct 7% Jan al6%al6%,t 10 common 315 Nov Apr Mar 60 Jun 30c (Un)'— -5 Willys-Overland Motors (Un)J Wl Nov Mar 32 26 !— Inc Elec Corp Co 30 2,326 —100 T Insurance Lines (F 5% Mar — 12% Cab Jun 43 % 160 (Un)'_. Dept Stores Woolworth 5 27% May Oct Apr 33% a26% a26% (Un) Yellow 20 39% * Sugar Western a4% 1 West West Nov 21% 33% al2% al2% (Un) Apr Feb 22 11 28% 100 Bank 810 5 Power Petroleum 200 615 22% _3 (Un)„ (R) Co Fargo Westat.es 22% 43'% 39% 1 Washington 47% May Aug 1 10 Victor Equipment Co 22% 119V4 Mar Dec 44 39% Bros Jan 23 „ common Water Sep Jun a4% __ 5 Pictures 21% 37 % 22% a4% 10 1 (Un) (Un) Consolidated 149 1,223 22% __ 1 United Gas Corp (Un) United Park City Mines 23 39"% 43% — 10 Inc Jan 23 39% __ Oil Co of Calllornia common—25 Petroleum Corp__ Oct — Union Warner 3% July Feb 200 15% a 16% 36% 38 a 36% 40% • (Un) Warren 48% Sep 4 32% 32 —* Products Airlines Jan 90. 515 a32% a32% — ,—15 World 11% 35 Nov 29% July Corp 23% 1,130 Dec 22 22% .1 Transamerica Dec 4% 75 Nov 300 (Un) Associated Sep 4 May 25 25 25 A—25 Incorporated common Witter 8% a54a55% Oct Aug 66 19 Jan (Un) (Un)— Electric Sylvanla 17% a27% a27% 13 8 38 6,060 a75% a76% Jan California N Corp 613 15 Dec 39% Mar Sunray Oil Corp (Un) 347 290 Feb Jan 41% 5 Oct Dec Jan 37% ——-• 13% Mar Dec 24c 50 12c 60 Sep Sep (Un)— Inc Inc Drug 9% ■ 54% Jun 1 17% __ 29 23% Mar 27% Dec Sep ser Co_ Brands 9% 32% a60% a61% 5c 30% Sperry Coid Standard 17% 32% 20% 33% (Un) Aug Apr 23% 900 Jun Sep 111 170 27c a!3% al3% 228 30 4.32% Apr 7% 216 24c a27% — 25% 161 3% __ • Jun 27% 25% 32% P10 ; 25 115% 115% __ 12% Corp (Un) Philippine Long Dist Tel Co Phillips Petroleum Co 1,913 a33% a33% 9% _33%c , 27 % 50 __ (Un)—1 Philco Jan 200 26c 50 Pepsi Cola Co (Un) Phelps Dodge Corp (Un) Jan 27 8% __ __ 10c Pennsylvania RR Co (Un) 29 Jun 8% __ 4 ______ Jan July 24% a22% a22% 100 common Oil 31% 26 95c __ 8% common——* preferred 27% 125 33% 34 1 415 320 27% __ com Ltd Service Pacific Tel & Tel Pacific __ » Development.-33 %c Petroleums Pacific A 29% 27% 26% 27 — 25 series 29% Jun 27% „ 25 30% 1,162 26% — 25 preferred 5% Pan 25 21,700 Dec 16 5% Oct Sep 70 6c Feb a28% a29% 5% 18 a20 363 of Jun 38% Aug 36% July 21% 11% Apr Jan Nov 5c 11% 9% 32% 32 1.379 Oil Nov 5% 2 38% Standard 14% — 914 al9% a69% 1.95 a29% 38% Aug Sep Jun 33% 35% (Indiana)————25 10c 16 38% a33% a33% 7% Jan 35% Mar 132 38% Co 34 % Jan 121 % 32% 35% Oil 226 32% 56 Oct 32% Standard 4,730 Sep 63 38% 20 Sep 44 310 20% Nov 12% July 201 1,840 19% 18% 52% 29 % Mar 7% __ 20 20 47% Sep Feb Southern 26 Dec 23 — 4.48'/i Jan Sep 38 % 590 • com Gas preferred 1.50 17% 140 .15 Co preferred preferred 100 7% 52% 110 _____10 common 35 Feb (Un)__* (Un) Edison Southern Calif United Electric & 25 51 20% 1 7,530 15% — 5 (Un) Mar 39% a75% of 11c „ 5 Mar 5 A Co 16% 56% * cl new (Un) Oil Calif Southern Co Oil 2.60 16 —-5 ___ 51 15 Oil Sinclair Conv (Un) Co Gas Standard 3% — • common Fisheries Amer Sep 34% a60% 23 % Mar 31% — __ 20 42% 21% * Trans Onomea 439 >5c Jun 3% 56% — , * Feb 24% 51 al9% 19% 38% 10c __ • (Un) Filters Apr 19% (Un)_1.40 common 25% 20% Mar 3% 3% 12 14 Dec 38% __ P.10 Co Oil & Socony-Vacuum Dec July 38% 11c 1 - (Un) Co Sugar Oliver Corp Oil Co Ohio Edison Jan 34% Sep -- 10 5 & Co Water Shell Oil Studebaker Oceanic 34 Nov 8% 34'/4 43 58% a Dec 19% 185 4% 20% a22% a22% — pfd—25 Aircraft Northrop — (Un)—10 common 27% 3% 20% __ 1 (Un) 19% 27% — 1 — Aviation American — 19% • Power Co— American Sep 31 14 % —100 (Un) Southern Park New Jan 22% 124 124% * Paper Co (Un) Mining Schenley 22% May 112 366 900 19% — 1 — 17% 203 17% al7% — 1 Corp 20 17% 18% 18% a21 a2l % 9% 9'/2 4% 4% 75c 75c 17% — _5 (Un) a — 1 Fibres Auto National Distillers Jan 29% 170 24% (Un)—25 Mauricio Signal Nash-Kelvinator 60% Nov 120 — 1 Foods Regis 17% 6,000 31,073 —: Oct 21 Vo 9% 38% 2c (Un) Co 44% 14% 48% 23% — 10 preferred. 6% Co Fine Joseph Lead 1.00 a20% a20% — Montgomery Ward & Co Morrison-Knudsen 305 649 14% 48% —_1 Oil Corp Cement Co class A St 2c 5 Jan 77 7% 83c (Un) Nov 43 % 23% • Co Manufacturing W & 2c a20% Co Power 31 Sep 192 — ,-10 8 1.00 16%c Mines (Un) Jun 36 9% &uc (Un) Corp Steel Riverside Russ —P.10 - Mother M & J Oct 25% 26% 5 Co Manufacturing Richfield Jan 54% Mar 18% Mar 10O Co & Mindanao 18 (Un)— Robbins Inc & 7 a32% a33 % Safeway Stores Inc___—_—-——5 McKesson Jun 3% Nov a37% a37% 54 — 1 ——• _ Co 30% 42% 25 Preferred 40% 12 v-—■■ 0 30% • 1 (Un) America Jan 26% — 5 Marchant Calculators 200 • Dec 32 220 — • —————-1 H) of Corp Reserve Macy H igh Low 5 (Un) Co Rayonier Incorp common — * Oil Range Since Jan. 1 High Feb Sep Pure Mar 63 Shares 5 Pig'n Whistle conv prior preferred-7.50 — Puget Sound Pulp & Timber —* — Pullman Inc (Un)_.—42% 30% May for Week Low Par High 17% July 140 9 7 ——1 — (Un) Inc __ 10 ——1 Libby Aircraft Lockheed Loew's Co & 2'/2 8% —* 2.50 (Un)__ (Un)— Low 388 42% Sale Price Range Since Jan. 1 Shares Range of Prices Last STOCKS 2% 2% 19 19 a62a64% 42% 43% :___50 —— Light Kennecott Copper Corp fS.i«k High a24% a25% a25% _1 com .____i._2 Kaiser Motors Corp Kansas Corp . Low Par - Chem & of Prices Sale Price STOCKS Sales ' __ 5 Oct CANADIAN MARKETS RANGE FOR WEEK ENDED DECEMBER 11 Week's Friday Montreal Stock Exchange Last STOCKS Sales Range for Week of Prices Sale Price Shares Canadian Funds Par Friday STOCKS Week's Last Range Sale Price of Prices Par Abltlbl $1.50 Power & Paper Agnew-Surpass Sugar Shoe Algoma Steel Aluminium Anglo 2nd class High Low High 16% 17 3,540 12% Apr 17 25% 26 1,355 25'A Jan 26% is is 250 a8y4 a8i/„ 363/4 371/ * J" • • __ • 4% preferred__23 100 Pulp & 16% Mar Oct 49% Jan Apr 53% Jan Apr 24 48y' 3,039 41% 23% 23% 23% 305 21% 104 104% 400 100 May Paper— 9 '/2 48% 48% 48% 325 48% Nov Jun May 105% July 49 Eathurst Bell Nov on on Canadian Stock 42 Sep 11% Aug 12% Feb 82 82 5 80 Feb 83% Mar 24 24% 2,050 24 Apr 27% Aug 14 14 600 12% Sep 23% Jan 40 41 235 45 Jan 39% 39% 40 9.919 35% Sep 40 Jun 7% 7% 8 13,351 7% Dec 11% Jan 20% 20% 20 Va 4,230 16% Sep 21% Jan a80 a80 30 78 Jun 80% Aug a93 a93 Ve 37 88 Jan 95 82 24 % • • ■ — Jun & Paper class Telephone Traction British American British Columbia -4% A—.* 25 Light & Power Oil • • common Electric 36 Jun Co— 100 preferred " ■ British —:_——,—100 preferred Columbia Columbia Forest 5% 5% 5% 2,640 18% 18% 18% 4,623 Products— * Power 4.55 17% Apr all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. W. C. Pitfield & 30 Broad Street Co., Inc. Q. E. LESLI LC9LIL m 1», MONTREAL, Tel: HAnover 2-9250 Members: Exchange Montreal Stock vC, BUILDING BANK ROYAL — QUE. Canadian Stock Exchange I Teletype: NYl-1979 The Investment Dealers' Direct private NEW YORK New York, Toronto > and Association of Canada wires with Maritime Province* Branches ' Halifax, N; Por footnotes sep dao-a 0.1 ~ » 'Sydney, N. S. - Saint John, N. B. - Moncton, N. July 5% B. Oct 18% Oct all Canadian securities. Orders bandied Power Brazilian British Fast quotations 37 50 __ 100 Ltd High 25 al2 • — Low 39% a!2 £39% 50 Corp common Atlas Steels 4%% 50 ___, Aug 8% 30 % Feb Asbestos pfd Range Since Jan. I High a Feb 25 47 104 18 Nov 175 4734 . Argus Corp Ltd common 4 % Ve preferred 1 25% A preferred preferred Range Since Jan. 16% Ltd Canadian $2.80 Shares • , Aluminum Co of Can 5%% Anglo Canadian Tel Co 4%% for Week 25 common preferred Acadia-Atlantic Low Low Sales Oct Volume 178 Number 5281 . The Commercial and . . Financial Chronicle (2339) CANADIAN MARKETS RANGE Friday STOCKS Last Bruck Mills ciass- B Building Bulolo Ltd Telephone class A— 36 Friday 32% 205 i 11% 100 4 36% Nov 1) Oct 36 % 675 34% Nov 5 7.00 7,672 5.00 Nov Dredging 8% 40 7.25 Nov Mar 4% Jan Mar Dec preferred Power Canada Cement 5% pfd ______100 common $1.30 preferred Canada Iron Foundries 100% • preierred Canadian Breweries Apr 87 27 Jan 29% Mar 19 Nov 22% Feb St Series A 98% Jan 102% Aug 99 Jan 102% Aug 51 70 Apr 82 500 46 Feb 50% Mar 17 Apr 21% Nov Southam Co 34% Jun 40 Feb Southern Canada 4,803 100 Jan 28% 25 24% Jun • 13% 2,340 15% Aug 20 19'/2 1,295 17 Oct 20% Mar 2,730 22 Nov 46 33 18% SI.75 Celanese common series * : Canadian Chemical Canadian Cottons Canadian Fairbanks 25 & Cellulose 0 Mar Morse Preferred Canadian Pacific Canadian Vickers Railway • * Consol * Consolidated Consumers Series Thrift 19 Jan Stores 7% 21% Dec 15 25 July Jun 11 Dec 8 Jan 10% Oct Nov 100 * 4% 820 Jan 141 % 12% Apr 15% 15% Jan 18% 37 155 9% 300 21 23 9 % 12% 13% July 17% 2OV2 20% 20% 4,765 20 y4 22% Mar 103% 103% 22 5% 5% 34% 35 % a 59 % 31 54 % 35 107 Aug Anglo-Canadian Brown Sep 67 % Mar $5 Jan 16 16% 195 Sep 17 48% 48%' 50 47% Feb 49 Dec 34% 35 32% Apr 39 the Anglo-Nfld Pulp Company 1st conv & Paper Development 19 % 15 475 19% 20% 1,622 45% 45% 125 19 - 14% Mar 17 42% 38% 38% 41% 3,071 36 Class preferred 19% Apr 20% Jan 46 Oct 58 Dec Nov May Feb $3.00 2nd Butterfly 1st Mailman McColl 8% Low High 25 Jan 21 Oct 7 Apr 3,500 15 8¥2 a87 8% Range Since Jan. 1 7 Sep 12 85% Sep 97% 125 75 47 Jan 49% Nov 16 185 a88 17% 17 % 790 52 25 25 10 716 Canada Malting Co Ltd Vinegars Ltd Dredge & Dock Co Canada 4 Canadian • preferred 9% Jan Mar Jan Canadian Ingersol Rand Co Ltd Canadian Marconi 24 24 24 500 6% 6% 700 33 % 5% 28 Jan 24% Nov Canadian Power Jan 6% Oct Canadian Western Sep 81% Mar 36% Mar 85 Apr July Canadian Claude & Paper Industries Neon Class Inv Ltd • cl B Mar 45 Dec Combined 15% 100 15% Dec 18 Apr Commercial 5,692 34% Dec 46% Jan Consolidated Div Standard Sec cl A Preferred ___, Apr 131 Mar 53% 1,510 47% Jun 58 Nov 19% 228 18% Sep 29% Mar 128% 128% 52 18% 265 a 127 140 a72 a76 31 62 Apr 85 29 30 1,282 24% Jun 30 Dec 30% 30% 31 235 27% Nov 32% Jan 20% 19% 20% 350 18 Sep 29% Feb Consolidated Crown Jan Dec Jun Jun 55 Nov 32 Sep 42 Feb Jun 159' Oct 93 37 % 38 157 157 a81 a82 20 20 146% a81 5 5 2,175 3% Sep 5% Jan 100 2,225 2.50 Oct 3.75 Apr Jun 11% Dec __ 11% 2.50 11 2.50 11% 84 8% 70% Mar Apr Feb 50 57 Oct 103 103 10 100 Feb a3.75 50 3.90 Feb 4.10 3.50 3.50 200 3.40 Jan 4.05 May red pfd 1 common Ltd * 62 4 __ __ 3.60 __ 62 a83 a85 3.60 30 2,000 72 3.50 a75 a75 9 80 Oct 24 a23 a23 4 • Corp Apr 2.50 Mar 40 % 40% 33'A 1,138 27 Nov 34% 34 40% 34 5,578 5 Paper Corp Ltd Zellerbach 14% 13 45 _■> __ Apr 105 81 4.20 Feb Apr Sep Nov 1.15 Mar 27 Mar 42% Dec July 34% 19 Sep 26% 25 Sep 35% Feb Sep 8% Apr Nov Oct 29 Enterprises 5% Alcohols 53% Jan May a3.75 ;• 36% 44 Feb 50 6% 18 37% 4 A 15% 41 Jan 4 Ltd Advert 34% 100 Apr __4 Co pfd General 4 5% a52 1 Lumber Co Westinghouse Casmont 4 Co___ 14% al4% , a52 100 Jan 11% July 23 a * common Ltd Industries Ltd 52 __ ._,_4 Canadian 36% 17 % • 29 17% 29% 165 al4 17 1,290 % al4 25 Jan 18% Aug Dominion Engineering Works Dominion Oilcloth & Products Ltd Federal Grain Co class A 28 Nov 33% Feb Apr 14% Sep Fleet —4 ;___ $1.40 preferred Manufacturing 10 10 725 8% Mar 10% Aug Ford 10% 11 975 7% Mar 11% Jun Foreign Power Sec Corp Ltd 6% redeemable preferred 17% 18% 18% 17 150 Nov 20% Aug 28 Co Ltd of Can (A class 4%% J) — 18% __ * 10 Motor _4 —.20 Ltd— 10% 20 * 22% 500 28 28 110 v Steel 13% 22% ♦ _, Linoleum Eastern _4 • A com 1.00 64% 4 100 pfd 100 __ __ __ 5% 5% 100 300 4% Jan Oct 15% Mar 19 24 Jan 26% Sep 80c 2.25 Feb 59 Sep Apr 68 Mar 40c Feb 18% 18% 26% 26% 75 1.00 1.00 900 64 65% 2,368 76c 25 % 80c 26% 1,300 630 23 a85a85% 20 85 90 Jan 1.00 Feb Jan 33 Feb Nov 85 Nov Steel— 100 —; Ltd class~B_, Ltd 98% 48 91 Jun 98% Dec Goodyear Tire & Rubber of Can Ltd—4 18% 18% 2,500 15% Sep 20% Jan Great Lakes 18% 18% 225 h co £ Jan 18% Jan Hayes Steel 98% __ 18% 4 ____4 __ Paper Co Ltd * 7% 7% 7% 4,143 Jan Hinde 27 26% 27 1,755 24 Oct 38 Jan Hydro-Electric Securities 44 44 35 35 May 1 44 Nov Interprovincial Utilities • ,__ 7% Oct 10% & Dauch common..* Ltd Products * Frcntenac Oil— (Robt) __ 17% Jan • priority— Massey-Harris-Ferguson Mitchell Dec 1,990 a24a24% 8% 8% __ • Nov 3 preferred Corp 33% High Sugar Dominion 9% Shops Structural 26% Shares Low 49% 5% 26% ■ 5V Jan Jan Sales for Week 5% & Freiman MacKinnon Range 5% 8,390 B MacMillan & Bloedel Week's of Prices 1 3,433 5 __■ 1,110 Ltd 10% common Preferred 33% 23 28% Funds preferred Hosiery Co 29% 5 A 37% • 10 53% class 32% 49% 1 28% Lines Acceptance • common 4 Laurentide Nov 5 10 * Candy 126 Co 28% (John) Woods 26% May Mar 16 25 Limited' Dec 26% Last .5 International Utilities Corp com Secord 43 Par 45% Mar 33 of 43% Nov 39 Sale Price 6.00 July 39 Laura 38% May STOCKS Jan Oct Lake 585 185 Friday July 4.95 953 a57% Feb 101 150 Apr 36% Labatt Nov 43 % 42% Canadian Jan 475 Pipe 36 42% 21% Aug 38 % Preferred 36 41% Jan 38% Interprovincial 75 Canadian Stock Exchange Feb Dec Mar 877 Power 20% a20 % —10 Nov 22 40 International Mar Jan 20% Nov 1,415 16 a 18% 31 a Aug 225 18% 15% 128% Feb Dec 15% al9% Nov 100 2,265 Jan • 8 Jan 6 38% 14% 100 Mar 95% Jan Oct 7.50 150 31% Jun : 525 99 2,740 18 Ltd Feb 7% 98 — 38% preferred Co 20 37% $2.00 common Jan Feb 36% Mar Petroleum 18% 10 9 10% Jun International 75 20% Feb 29% 7f,o preferred International Paper al9 Royal Sep Nov 11 34% 97% Oct Apr 7% 19% May 785 • Jan Dec 1,110 25 91% Dec 50 : 50 35% 650 pfd— a96 7% 95% 32 13 common Dec a95% al9 a Apr 2,465 6% Dec 34% Apr 34 common.. Aug 35% Jan 27% 84% Canada 50 Feb 26% 31% 33% Bronze Jan 33 415 84 or 43% 5 220 350 33% Nickel 1,316 35% 34% 48% 32 30 Intercolonial Coal 49 35% 34% 49 35 % 100 International May Mar 31 preferred Intl 15 16 35% 9% 34 Jan 12% July 10 $1.50 . 11% 150 lo 21 common.-* 350 Imperial 140 £1 12% 12% 10 25 preferred Industrial Acceptance Corp $4.25 preferred 12%12% Dominion * 6fc 12% 12% Jan 15% 19 preferred Nov 136 Dec _• common Feb 125 10 * Canada Dec Jan 16% 20% Ltd Oil Imperial Tobacco of 5 Sep 6 2.80 37 10 Scotia 7% Imperial al35 10 12% Bay Mining & Smelting.. al35 Sep Banks— Canada Hudson 23% Jan 4 2.00 19 10 19% Jan 150 900 * Canadlenne 22 * 13% 100 Commerce 18 50 1,115 6.00 2.69 _ Dec 13 L_ 23% * Sep 34% Hamilton Bridge Smith Paper common $2.00 preferred : 23 6.00 0 15% • Howard 32% July » - 14% 15% 4 Aug Sep • Works class A common Aug Sep 20% common Dec 34 28 25 Sep 7 pfd inc 1927__—50 30 Jan 1,547 Jan 20 Alabastlne Jan 27% 31% 14% 6,760 18 a57% 21 83 30% 2,630 2.60 « Oct 1 5 30 33% 30% _ _ 5% * .. 30 33% Dec Mar 10 8% 35 17 33% « Corp Feb * 20 ______'_ Wares 14 13% a20% a20 % 3 Feb 23 300 Dynamics 12% 26% Aug 29% Mar 2,528 4 15% Jan 19 100 15% Jan 10% . 15% Jan 18% _ 25% July 25 10% _j, 27 Jan 25 325 Ltd. July 20 150 15 9% 19 175 1,015 al4 140% 140 % 51 165 25 28% 15 • Jan 26 26'A 14 100 July 49 25 25 "100 preferred Toronto 8 47% 48% 26 25 26% 4% 8 75 Dec 28% 30 7%' July 39 25 a 4.65 : Mar 46 -25 a4.65 . 43 Feb preferred 4 8% Jun 42% preferred Nova ♦ Goodyear Tire 4% 7% Montreal 7% Apr 36% 472 44% 6% Jan • 30% 2,081 39% 17% Mar 5% • Jan , 987 40 45 37% 23 Zellers Limited common 13 19 Sep Feb Feb 84 10% 12 40 • Winnipeg Central Gas Winnipeg Electric 5% pfd 29% * Nov 350 38% O Wilsils Ltd Jan common & Jan 8 10 Jun 13% 12% 50 • preferred Oct preferred Lime 16% Mar 34% 4% % 8% Aug : 22 25% 12% * Grocers Ltd 24% 15 Jan Jun 12% • (Geo) 69 % Famous Players Canadian Corp Poundation Co of Canada common Fraser Co's Ltd common Steel Sep Western 61 • 18% 100 Ltd— Walker Gooderham & Weston 185 1 General Jan 3,030 Corp Motors Dec 72% com 12% Jan 14 23 • Steel 28% Eddy Paper Co class A pfd General United a8% a 295 260 39 13% a20 % a21% 23 * Wabasso Cotton 70% Ltd Bakeries com. Power Tobacco a8% common General Tuckett 70% commonl_____i 14 • Stores 28% Ltd Power 120% Sep 275 28 89 50 Canada Oils • preferred Donohue Bros Ltd Brewery 9% 22 . of Brothers Triad 2 7%. Gypsum Sep 436 Dominion Tar & Chemical common * Preferred __1 ,231/2 General 14 600 preferred common Steel Co of Canada common Jan 205 35 Dominion Textile 5,rc 33 Va 12,004 . Simpsons 25 Diaries Gatineau Nov 10 % 4%% Williams Breweries : preferred Electrolux 21% 23% a B Sherwin Sicks' preferred Dominion Foundries & Steel Dominion Steel & Coal Dow Apr * Seagrams Dominion 15 Ve 100 z Dominion Bridge Dominion Coal 6% 5l-c 22 % Nov May ® ; Dominion Dec 12 « A B Distillers 14 Textile Glass class Class 120 1,875 18 Cockshutt Corbys July 3,506 22 %■ July 27% 20 Jan 25 25 25 Farm Equipment Mining & Smelting 48 Oct 8 50 _« _. Sep Nov 100 • Companies Sep 26 585 10o Oil Jan 21% 95 0 com 15 3,857 91% Jun 34% Aug 13% Jan 30 575 4 common Canadian Locomotive Canadian 425 . Aug 33% 91% common.* preferred 55 Sep Tooke Canadian 4% 111 - Mar 95 32% a21 * Lawrence Corp common Shawinigan Water & Power 101 21 34 Apr Sep * * a80 • Mar Apr 31% 91% « High 40 160 Feb 72 12 Low 34 a Royalite Oil Co Range 81nee Jan. 1 High 32% 100 _ common 100 »/4 I"® Canadian Car & Foundry common Class A _ Shares 34 • Transport Quebec Power 10% Mar • Canadian Bronze common Canadian Canners Ltd Nov 926 __50 _ 100% _ 117 • common Nov 335 28% 10 . 5'/p 85;V4 100% 175 20 common Canada Northern Power Corp______ _4 Canada Safeway 1st preferred 100 2nd preferred : ,100 Canada Steamship 853 4 32 for Week Low • Provincial Paper Bales Range of Prices Par Power Corp of Canada Price Bros & Co Ltd common Rolland Calgary Week's Last Sale Price High Apr III™* Products Gold 11 STOCKS 655 * ___ it* Range Since Jan. 1 Low 25 DECEMBER for Week Par Columbia ENDED Sales Shares British WEEK FOR Paper Co Ltd 4 Corp —_4 4 Ltd 98% Apr 98 100 19% 20 1,610 15 Apr 20% Sep 33 % 98 19% 4 33 % 50 33% Dec 35 27% 27% Sep 28 % M!ar 98 40 26% 4.50 4.35 4.50 1,000 4.15 Nov 5.25 5.25 5.25 200 2.80 Jan __ Mar 5.00 Jan 5.25 Dec " Molson Breweries Montreal Montreal Morgan Ltd class B : 25 4 Telegraph preferred 14 40 5 '< 24. 365 Jun 26% 13% 50 14 Oct 15% Jan 47% a47 ■ __ a47 10 46- Jun 100 —— 100 25 14 4 Locomotive Feb 100 10 98'A Jan 102 Apr Oct Investment Foundation 6% Steel Car * Niagara Wire Weaving Noranda Ognvie Mills 27% 24% 1,025 Sep 27% Lambert Penman? 1 Alfred Tubes 32'A 25 Feb MacLaren 59% 62% 2,896 59% Dec 78% Feb Maxwell 30% 31 1,090 29% Apr 33 Aug Mersey Paper Co Ltd—— 30 July 36 69% 71 27 25% Jun 73 Aug Nov 52 Jan Dec 45 Jan Moore Apr 26 Aug Mountroy MEMBERS: MONTREAL STOCK Paul " r EXCHANGE TORONTO STOCK STOCK EXCHANGE Telephone TROIS-RIVIERES Power Corp 6% Lt N Pr & Enterprises Service Russell C Stores 52% May Jan 22 Dec Jun 11% Dec 22 22 11'A 11 'A 15% 50 10% 275 13% Jan 47% Jan 15 15% July 56% Nov 54 55 125 a4.75 20 92 92 50 a5% a5% a6% 224 28% 28 28% 1,028 24 % Feb 29% Nov 5 255 25 1,145 32% Aug 33 5.50 84 3.00 Apr Jun Jan 5.50 92 5% Apr Jan Dec Aug a38 25'A a9 a9 12 10% 12 a22 a22 25 1.15 1.15 1,387 1.00 Oct 1.25 Nov 280 200 25 20 3.40 Dec 3.60 Dec Apr 24% * Co a38 24% 4 Ltd 10 Ltd— 4 Ltd 4 of Can 6% cum pfd part 2nd Ltd (Cant Industries - SHERBROOKEb,<g- „■ ST. JOHNS, P. Q. Co Southern Canada Suez Canal Traders 1st pfd.100 —50 common Ltd — 111 3.40 7% 111 a57 3.60 7% 111 a57 23 8 Oct Jun 26% Mar 8% Jan 10 Apr 13% May 18% Jan 23 Aug 7 July 8% 109 Jan 112 % Jun 55 Aug 59% Apr — Co United of 6% cum pfd—100 "Jouissance shares"—.4 Finance Gas —,—— Pr Corp Oil class Pipe Line Ltd Canada Corporations A class B • • _* _4 7'A Jan all all 20 11 % __ 4 * Ltd Trans Mountain Union Jan 16 17% 11% 17% 10° 100 al5 al6 30 14 Jan 129 129 46 10 1,950 118 Jan 170% Dec PL-9501 Offices. 1181 St. Catherine Street West, Montreal 47 50 40 100 1.15 Mills Rice Sangamo Branch naee 39 a52 a52 a4.25 55 __ _4 — Quebec Telephone Corp common.——5 276 ST. JAMES ST. WEST. MONTREAL <=pp 5 — Reitmans 'ootnotes ..... Jan a25% a25% EXCHANGE CANADIAN __• Paper Co Ltd Royal Nuclear HART «... 15% __4 Refrig & Storage Ltd Corporation common : Rights & Co 4 & Ontario Minnesota Newfoundland SAVARD Paper Montreal 26% 20 1,700 & Light & Pow Co Ltd com____* 48 150 25 25 ♦ 64 26% 26% 1 Power Limited 65% 290 48 48 4 common 71 Mount *V,r 1 * 32% • River Company QUEBEC 4 Inc 1 (Walter M) 31 * common Placer Development Powell a52 Jun 28 25 Dec Mexican Page-Hersey a25% 50 1 61 _* Ltd Mines Flour 27% 27% common..* Kelvinator of Canada Ltd Lowney Co National Ltd pfd conv 43 __ __ 31% 18% 32'A — 170% 170% 31% 31% 18% 18% 32 12 33 12 9 17% Mar Sep 10 May 12% Oct 24 Jan 17 Mar 129 Dec 175 Nov 26% Sep 31% 1,025 16% Nov 46% 1,950 26 Feb 33 Dec 12 % Aug 250 liy4 July Dec Feb 44 The Commercial and Financial Chronicle (2340) ♦ . . Monday, December 14, 1953 . ri CANADIAN MARKETS RANGE Canadian Stock Exchange (Cont.) Friday Last STOCKS Products Windsor Woods Hotel Ltd • Ltd • Manufacturing Co Ltd- Range Since Jan. 1 Low 65 20 23 Vi Feb 34 6 30 Jan 35 Nov 23 23 180 22 May 30 Feb Mining Stocks— Aconic Mining Corp Alta Mines Ltd—— Ameranium Anacon Ltd Sulphur Mining Corp - Beatrice Red Lake Gold Bevcourt Mines Gold Bonville Gold ! Ltd— Mines Ltd 10c 47c 20c 33c Celta Dev & . Gold Asbestos Mines Corp Mining Ltd—* • ; • Chimo Gold Cobalt Cons Mines Ltd Dome Mines Donalda East Rim Eastern Pab Feb 36c 25,600 32c Dec 70c Apr 19c 13,500 4'/2c Jan 2.50 8,200 S'/ic 7,000 12 Vi 18c 2U0 5,30 50C 54c 4.85 2,000 6.25 Oct- 2.30 Jan- 29,500 2 V»c 2,200 NOV 50c 23 V2 19c -t •" V Nov Apr - Sep 4.50 Mar ' 5.30 Dec Apr 2c 1.50 70c 70c 600 5c 5c 5,500 3 V2c 53c 46c 53c 2,000 Sep 45c 30,380 6V2C '' Jan 9.40 Mar Jan 2lc : Sep Dec 70c 70c Dec July 6V2C Mar Dec 1.35 Jan 1.05 1.05 100 1.05 Oct 4.40 Mar 1.36 1.36 1,36 2,000 1.36 Dec 1.75 July 1 11c 10c 12c 32,100 1 2'/ic 2 V4C 2%c 29,000 25c 25c 5,000 7V2C 7%c 28c 32c 15 15-% 566 56c 59c 6,500 Ltd 1 l Ltd-—,- 1 — Mines Mines Ltd Ltd Corp 31c 91c l 1 1.05 10c Nov 38c Jan 2 %c Dec 24c Nov 54 Vic 5,500 6c Sep 15 18,000 28c Dec 32c 14% Nov Mines Penimore 1 Nickel Iron Mines Ltd., Sep • (1945) Ltd 92c 1,000 1.500 79c 6V2C Feb 30c Gold Mines Mines Ltd 500 57c 3,600 3c 3c 3 V»c 1.02 4.35 4.55 1.63 Gold Cons 33c 33c Oct Sep Mines Ltd 5 Nov 3c Jan 1.53 Apr Jun 7c Jan Dec 4.35 9.25 Feb 9.65 2,300 a25c 200 12 11% 12'/a 33c Nov 1.45 Jan 3.95 13.50 Feb 41c Mar 29%c July 1,481 11%. Oct Jun 15% Jan 1.99 1.99 2.28 12,100 48c Jan 5.20 Apr 1 38c 35c 4Jc 14,800 30c Sep 1.85 Feb 2c 2 VaC 15,000 2c 6c Feb 18,000 7,950 Lake Mines Ltd Mines Ltd Mines Ltd 1 1 voting Kayrand Ming Devi Co Ltd Yukon Kerr-Addison Mines Gold Mines Asbestos 15c 20c Co Ltd Mclntyre-Porcupine Mines Ltd Aug 80c Jun 21c 21c 30c 23,000 12c Sep 70c Jan 16c 18c Mines Mines 17c Oils Ltd :—-—* Long Island Petroleums Ltd-—-,——* Merrill Petroleums Ltd——————1 New (1945) Ltd Phillips Pitt Cons 1 7c United West Wilrieh Abltlhl Mines 1.18 Dec 2.59 Apr 22c Dec 43c Sep Sep 69 % Jan 66c Mar 10 Oct 14% Oct 41c Mar 8c Jan 4.45 Apr 23c 5,800 550 25c 25c 6,000 23c 4c 1,000 3%c Nov 2.10 2.10 200 1.42 Sep 2.80 100 2.70 Oct 22c Jan 3.05 Aug 1,000 7c Dec 65c Jun 6,000 15c Nov 66c Feb Mar 36c 2.90 Jan 5'/2c 6c 7,500 5'/2c Nov 18c 40c 40c 2,000 40c Dec 1.03 May 27 c 19'/a c 31c 37,700 14c 1 1.05 1.00 1.05 2,400 95c Sep Sep V4C 27,106 17c 18c 1,600 1 3.40 3.40 125 :____1 3c 2'/2c 3c 5c 5c 5c Vac 17c 3.00 5,000 __1 3,600 1 Dec Dec Nov 2VaC May 5c Jan 1 Mines Gold 67c 70c 2,500 u G5c July Dec 12c 500 11c a60c 100 95c Oct 14c 15c 8,200 8c Jan 3c 14c 12c a60c 1 — 31c Dec 2.00 Feb 3c Nov 3c Nov 3.90 Jan 8c May 1.54 21c Jan Jan 1.54 May 25c Oct 4V4C 32,500 * 3c Dec 7c 72c 84c 8,000 50c Aug 90c Dec 1.30 1.38 4,200 8c 8c 5,500 1.25 7c Nov Sep 3.40 20c Feb Mar 3.95 3.95 4.40 11.000 3.80 Aug 5.80 Jan 1 50c 50c 3,000 • Ltd 40c 28c May 28c 1,000 27c Dec 50c Mar 3c Nov 14c 16c Feb Nov 5 Vac 5 Vac 6c Mining Corp Steep Rock Iron Mines Ltd 1,500 1 13c 13c 14c 70,465 I 6.75 6.95 Bullivan 1,100 1 5.80 Oct 9.70 Feb 1.88 1.92 2,000 1.85 Nov 2.99 Jan 9c 500 8c Sep 39c Jan Cons Tache Lake Tazin Mines Mines Mines 1 1 Goldfields Silver J Mines United Asbestos Ltd I 51,800 15V,c 207/aC Nov 6c Apr 1.50 7,000 80c 11c Sep 15c 7,500 10c Sep 31c Dec 31c 31c 37c 33,150 1 3.60 3.55 3.70 1,200 81c 81c 92c 16,000 1 I 12 Vac 103,300 1.40 *■ Corp Ltd L 12 V2C 14%c 1.50 1 Ltd Mines Pyrlte & 13c 19c 1 : Ltd 9c 1 Ltd— Mines Mines ♦ . United Montauban Mines • 15% 15%. 300 2.55 60c Nov Oct 1.10 30c 1.65 46c 38c Jun Oct Ltd-, 26,400 73c Dec 1.03 90c 37,000 64c Sep 1.70 May 80c 1,500 80c Dec Cons Oil & Canada Oils Canada Southern Lands 1.10 Sep 24% 2.000 65c 59c 18c 18c 2,000 18c 55c 56c 2,500 35VaC Sep Ltd 1 56c spp Jan 3.25 Aism* 1.65 32c 1.10 Nov Feb Jan Jan Jun Jan Exchange Week's Last Paper Acadia-Atlantic Low 7.554 12'A Apr 17 1,096 22'/2 Oct 26'/2 6 6V» 365 17 Vi 18 100 __ — „ 1 13c 13c * — 16c Alberta Consolidated Alberta Distillers Gas * 27c Dec 10 July 8V4 May 10 Jun 9,200 80c 87c 3,500 75c 17,750 3.70 1,125 2.00 __ 48c Oct Sep 3.55 — 18 V2 Mar 8 1.25 2.10 550 95c Feb 13c 1.10 89c Can 1.65 Mar 1.35 2.80 Feb 3.05 Oct 3.85 Feb 1.45 1 Oct Sep Oct 2.50 Dec Jan 36'/a 36 Vs 37 V4 805 31 Oct 49 % 47% 46% 48Vt 3,394 41% Apr 53 V2 25 23 23 23% 369 21% Apr 24 100 1st pfd-—— preferred Larder 104 Vt 1 ___—_____ 104 Vt 104 Vi 15c 152 100 Vt May __ 104 V2 July 1,421 15c Oct 30c Jan 8,500 20c Dec 54c Jan 99c Aug 75c 75c 77c 3,050 60c Jun Yellowknife 1 20c 19V2C 23c 23,900 16c Sep class A_—__.—5 11 10% 11 625 —-—* 2.88 2.76 3.05 37,200 2.26 Dev Lead Anchor Petroleums 1 Jan May 16c ____50c Oil Jan 20c 22>/2c — Petroleums Ltd— Feb Sep * Ltd Feb 1.09 • Algoma Steei Feb 7V» Mar 13c 80Vic 1.10 * common 5 — * —— 9 89c 1 Petroleums 152 9 16'/2 4,000 9'/s Nov Oct 6 12,300 18c 8 9 —• Knife Yellow 14c 16c — « ——10 Ajax Petroleums Aluminum High 17 26 Oil.— Preferred Aluminium Low 16 V» 25% * Agnew-Surpass .common Albermont Range Since Jan. 1 High 16V2 * & Shares 25% A Gas for Week • common Acadia-Uranium Acme Sales Range of Prices 20 common Anglo-Canadian Oil Anglo Cdn Pulp & Paper pfd Anglo-Huronian Anglo Rouyn Mines 7c 9.15 Mar Apr 7c 1,500 5V2C Sep 4.75 5.05 4,204 4.75 Sep 48% — —* Ankeno Mines Aquarius Arcan Area 4.75 —50 40c Jan 20 Apr 5.70 July 21c 8.25 Jan Jan —1 _1 — 8c * .— Porcupine Corp ' Mines 14 Vt Aug 22c 7,700 19c Dec 80c Feb 33,622 Dec 30c 8c Dec Jan 4,800 4c Sep 10c Feb 7,500 9C Jan 42c Aug 1.10 250 1.00 Oct 2IV4C2IV4C — 5c 20c .1.10 — 1 49 Jun 17c — 1 Nov 12% 4Vic — ——1 48'/4 8c IOV2C 19c 175 4,380 19c __ 48% 13c 13VaC ... Argus Corp common Arjon Gold ..* 700 21 Vic Dec 735 9 1.25 55c Oct Jan Ascot - Metals Ashdown Com class A Athona 45c 10 Mines 11937): Atlas Steels Atlas Yellowknife 1 8c Jan 16c Jan 8.000 6'/2C Jan 30c Aug 36,100 40c Oct 45c 50c 12V4 65 I6V4 I6V2 700 1.06 Apr 12 Vi Dec 15 Jun 15 Oct 19 Apr 10c 8c 12c 26,400 14% * — 1.500 14c 12Vi — 16% „10 8V2C 13c 13c —1 Hardware Class B 8'/2c . —1 12 Oct 12% Feb 12 __ ———1. Armistice 13% 14% 1,825 12% 11c 8c Oct Oct 27c Feb 23% Jan River Jun 7c 25c Oct 1,000 6c Sep 11c Jun 25c 3,983 10c Sep 61c Apr 10,500 Jun 1 10 Vic Oct 2.05 2.11 800 2.05 Sep Ltd l 10'/ic 10c 12c 25.000 9 Vic Oct 61c Apr 42c Feb __ 1 Gold 26c 19,000 Mines Aumaque Aunor Aviliabona Feb 2,200 8Vic 6V4C 24c __ 16c 7%c 6V1C 7%c 1 — 15Vic __ _1 ... Mines Aumacho 1 __ Atlin-Ruffner 11c IIV2C __ 1 — Mines Bagamac Mines __ 25c 3.10 Feb Jan 1 Oil 15V2c 14Vic 16c 12,450 12c Sep _1 3.45 3.30 3.50 14,316 2.95 Sep 5.80 50c Bailey Selburn Oil & Gas class A Banff 1.90 1.60 1.90 6,200 1.60 Dec 3.00 July 6Vtc 6Vic 7,000 6 Vic Dec 12c Jan Bank of 31'i Jan 38 1 Montreal „ 10 36'/4 .—10 Bank of Nova Scotia,. Bank of Barnat Toronto 43 Jan 35»/i 37 1,640 37 Dec 42% 43% 1,896 Oct 44 Dec 4IV2 10 Mines 43 616 38 Vic Apr 45 Sep 1.05 Jan 1.55 Barvue Apr Dec 4.20 Jan 1.25 1.33 10,500 1 Ltd 1.28 1.55 1.50 1.75 13,275 60c Mines 1 60c 600 Warrants Base Baska Bata Co Metals Ltd * Mining 23,700 26c Sep 12c 13c 8,000 12c Dec a83c a83c 200 76c Nov 4.40 3c Sep 1.40 1.44 510 15'/ic 17c 24,100 46c 226,850 31c Sep 18c 14,200 15c Nov — Uranium Mines • 41c 39c Ltd • 17c 16c • 1.30 14c Jan Sep 1.95 1.63 43c Gairdner S 1,500 2 Vic Dec 7c Feb 40 Wall 66%c Mar Company Inc. 43c Street, New York 5, N. Y. 4.90 21c 3.40 4.80 5.00 1,600 20c 23c 30,000 3.40 3.50 4,300 4.80 20c Oct Dec 8.15 80c Jan Jan Jan 3.05 Sep 5.90 Jan 8.10 Sep 13% Jan 6.60 Jan 5.10 Jan 10 34c 10% 300 3.85 3.85 300 3.80 3.80 400 2.40 Oct 10V« 595 6.00 Sep 12% Mar 33c 34c 3.000 Sep 95c — 3.50 25c Sep Wffiteliall 4-5335 — Canadian Affiliates Jan Gairdner, Son &Company Members: The Toronto " Stock Exchange -, Investment Bankers Association CANADIAN Members: The Investment Dealers'Association of Canada Montreal Stock Exchange, Canadian Stock Exchange of America SECURITIES •hi 066.i Wire system to all officii ... - - * Feb Sep Feb 1.10 May 49c Jan 3c 3c A~__ _1 1.50 40c 15Vic • Petroleums Apr 1,000 38c 3.80 nacrp 90c • Jan Jan 3.85 Mar 1.50 Dec Ltd-——— 1.68 •76c - ' Sep lc r ' Oct 3,000 Jan 1.38 2.00 35c —1 Ltd— Sep 70c Nov 13% 1.95. Ltd Oils -Sep 1:65 Feb 9.75 Ltd Ltd Oils Admirals fnntnnt.CK Gas ■* Nov 12 Vic .-I Bailey Selburn Oils & Gas class Calgary & Edmonton Corp Fnr 80c 72c 80c Gairdner & Company Limited Petroleums Canadian 73c 90c r'236 4.80 Mar 35 V2C Copper Anglo-Canadian Oil Co Ltd Calvan 79c 3,000:1 65c Stocks— Antone 8,100 58c Jan 1.95 Wendell Mineral Products Ltd. Western Tungsten Copper Mines Ltd. Westville Mines Ltd Oil 33c 1.80 70c preferred Barymin Ltd Ltd Uddlen J 53c 1.68 Feb 7l/2C July 65c 1 Bteeloy 4,300. —40c**Nov.^ 53c 63c Bankfield Cons 1 Ltd (1944) Jan : Mar 2.25 Feb Sep-- Jan 73c 1.30 1 Mines 80^ Oct 5c l 1 Mines Mines Ltd Gold Mines Btadacona 67c 3.30 •13 1,650 Feb 40c 1 i* ' Jun Dec 51 % 40 1 Ltd 15,400 irv-V 1.50 Sep Oct Jan 2.90 ~ 8.35 1.40 Jan 5.10 2.99 1.80 * Oils & Power $1.50 Amurex 10% '/aC 2.55 1.21 Par American 61,300 Ltd— Uranium Bherritt-Gordon Weeden 1.95 Friday Feb 18c Roy ran Gold Fields Ltd— Ventures —.2:00-Dec STOCKS Jan 2.13 Radiore Uranium Mines Ltd Violamac 300 Toronto Stock 9'/2c 1 Corp Ltd Rix-Athabasca Trebor 2.00 Ltd..:—__10c Oils Petroleums 25c 7%c (Quebec) Mines Prime Nickel Tiblemont 2.00 27c „ . 1 — Co Territories Sep 7c Quebec. Smelting & Refining Ltd Quebec Yellowknife Gold Mines Tobrit ^nrro'TJec 30c Nepheline 1.76 Quebec Copper Corp Ltd Quebec Labrador Development 8iscoe 900 ' —* Homestead Aubelle Standard Oil Westburne Western American 15 '/4c — DredgingMining Co Ltd Gold Quebec i;ooo£^*i recoct 1 Limited Aug 1.79 __i Sep Jan ,? 1.54 Nov -* Ltd Oils Oils Sep 45c 15'/4c 50c 3.70 55c 1 Petrol-Chemical Trican Tri-Tor Leduc 1 — .Dec 14, TOOXJfit 8.35 . Jan Juty. 13,25. Jan • 1:39; Dec % 14c 1.30 Empire Oils Ltd.— Nov 2.80 2.10 •_,rl7C 1.88 Ltd.— Oil Grass Trans American __* Gold Porcupine 2,400 53 % a Sep 5.10 r-l Sweet 12c 39,000 10'/a 6.00 14c 2.55 Quebec Oils Development Amalgamated 4c 25c — Pato 1.18 22c 41 Vic a 1,500 -p-1.165 ■ 3.10 Sep 1.78 —90c 1 Co Oil Jan ^2:S5: Jan ; 4.50 1 Ltd Ltd Petroleums 3Vic 500 22c al0% 7fib^Dec 1.88 Ltd— Oils Pacific Jan V15c7 '0€t'L':2r-v25c 4.95 Ltd Superior Oils of Can Okalta 15c 1,000 1.18 1 Mines Mines Rights Orchan Uranium 4c 12c 53 V2 1 ; Oils Ltd. Copper 4c l Santiago Mines Ltd Obalski Corp Petroleums Jan 1.27 ' Jupitor National Dec -7<Jc : 1.39 Anacon 1 Ltd— Island Ltd 14,500 12c • Formaque Mines Ltd—— Opemiska Jan 21% 22c 80c 100 17c Apex Cons Res. Nesbitt LaBine Uranium Mines Jan 14c Jun 1 __ & 12c Oct 40c _5 Mining Cor Ltd Mining Corp of Canada Ltd. Mogador Mines Ltd Monpas Mines Ltd Coal May Oct Mar 46,000 ...1 Merrill Island "U" 6c 4'/2c 17 Feb 65c MacLeod Cockshutt Gold Mines Ltd___l Marbenor Malartic Mines Ltd— 1 New Larder 50c 57c • Ltd.— 96c 5,400 1.39 Ltd- Oils 2nd Lingside Copper Mining New 200 24c Sep 500 6,500 Dec 14c 60c 1 Dickenson 6c 5c 17 '/2 8'/2c 1 Ltd 8.35 3.30 -1 Jet Akaitcho € Mines Louvicourt Goldfields Nudulama 5c Dec 1 Oils Pacific 6c 5c 17 V4 1 I .- . Lafayette Landover 20c 1 Ltd Mines Ltd 8»/2C 10c 1 trust ~~ • • 100 8.35 Dec Jui.v 1.20 Sep '"3.70 Jan 35et -,Nov v -;. 1.18 Jap .. . 7,000 ; Jan .... 5,000 86c al9e 3.20 3.25 1 1.64 May 23% 1 Kenmayo t I 82c * Jan 48c 400 9.30 a25c __ * 71c 71c al9c 86c Jun 5:95 28c 2,500 2,300 . . 1.77 Sep 39c 20Vic 800 . 50c 3.95 3.40 Jan 6.70 29c 1,400 1 Uranium Mines New 37c 3.75 —— Jasper Oil Corp 1.40 1.34 1 ——•-* Gateway Oils Ltd Home Oil Co Ltd Dec Iso New 500 2,000 Jun Inspiration Mining & Dev Co New 2,000 3.75 1 Gaspe Oil Ventures Ltd 2.40 Mar Sep 14 1,500 4.40 __* Ltd.! Hillcrest Collieries Ltd Keymet 28c 45c High i Dec Vi? Mar Dec 98c 1,000 53c 53c 30c 15% • Graham-Bousquet Gold Jardun 28c 45c 2OV2C2OV2C — 1 Oils & MineralsPetroleums Ltd Exploration ———; Class Jaculet 500 90c Apr Dec 3.50 4,800 1 Probisher Limited Jack 4.15 * Ltd Del Rio Producers Empire Gas 14,900 Explorers '.Federated Low 1.04 4.10 Ltd— Consolidated Allenbee Oil & Gas——1 Consolidated Cordasun Oils —1 Consolidated Peak Oils Ltd—,— —r-l Central .Ranee Since Jan. 1 High 90c Canadian Funds 15 V» * Mines Mines Hollinger Lew 1.00 ——* Ltd Gas Sale Price Metal Gunner & Oil Canadian 22% Mar 47c 3.50 ,,3.8,0 98c 1.18 3.55 1 — Ltd— Shares Feb 4%c • * 6.00 5c 14C Feb 22c Dec 17 %c 8,850 6.00 ; 4.00 Mar. Jan 12 500 2'/4C — __ Oct Apr " 800 3.00 4.90 51c ! 2.15 3 Vic 1.10 • Nickel Falconbridge Pontana 5.30 1 Ltd Metals 84c l — Ltd East Sullivan Nov 70c Ltd Mines Mines 27c 12 lor Week Feb ___i Explorations Gold Aug 7c 1 Mining '.j Coulee Lead & Zinc Mines Cournor Mining Co Ltd D'Eldona 90c Jan lie Consolidated Candego Mines.Ltd Cortez Dec 12c ! Apr 4c l Patricia Gold Mines Ltd Century Mining Corp Ltd-. Chibougamau Explorers Ltd—— May 1.04 20c I Central 5.70 July 20c 5,000 2.90 •/". Ltd—1' Ltd— Co Ltd Apr Oct Oct 13,093 18c (Dunsmuir) Carnegie Mines Ltd! Cartier-Maiartic Casslar . 8c 45c 2,500 2.35 — Ltd—_1 Mnies May 33c 5%c —i t — Chibougamau 4c 15c 2.35 Campbell Mar 51c 32c 15'/2c -1 II Canadian Collieries 9c Dec 32c -1 Callinan % 30c 4c -1 - Oct 9c 2,599 — 3.30 Nov 6c 2.25 38,000 47c \ -1 Ltd—— Mines 1,000 5,300 8V4C 30c Ltd— -1 1.37 July 10,000 3.05 9c -1 Mines 6c . 47c -1 Ltd 1,300 9c 10'/4c 2.85 Zi Corp 3.20 6c. v • Ltd Sulphur & Iron Co Belville Gold 3.20 -1 Mines Metals Atlas 3.20 -1 i Mines Lead Arnora Ascot -1 > • Range of Prices Par High Nov Sales Week's Last gale Price 34 _* 11 Friday Shares a20 34 DECEMBER STOCKS High al9'/a 19'/a ENDED for Week of Prices Low a WEEK FOR Sales Range Sale Price Par Westeel Week's Jan Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2341) CANADIAN MARKETS ' - RANGE FOR . * WEEK ' . ENDED DECEMBER U ' * ' " • . Week's Friday STOCKS Last Par Bathurst Power class Beattie-Duquesne Beatty Bros Beaver Bell Lodge _ Gamma Bevcourt Bibis 40c Boymar Bralorne 8,700 30C 66,900 class Traction 25c Dec 1.00 Feb Mines Consolidated Allenbee Consolidated Astoria 19c Nov 1.00 Jan Consolidated Coniaurum 10c 3,450 7%C Oct 33c Nov Cons 7c 9,500 5'%C Sep 14c Jan Consolidated 23c 23c 27c 21,300 57C 15 %c 15c 18 %c 19c 2%c 8c 7'Ac Lake 1.06 3,400 1.00 14 14 75 7% 8'% 13,500 7% 8'Ac 9%c 23,000 1 1.79 1.70 1.86 18,600 1 _ 4.05 3.80 4.10 9,855 • 4% 20% ion __ _ —50 — British Columbia Packers * British Columbia Power B_ Feb Consolidated Consolidated Peak Ranwick 25 87 Jan 95% Aug Consolidated 80 47 Jan 50% July Consolidated 8% 8% 9 400 6% 18'A 18 18% 5,996 17% 38c 46 %c 148,324 39c 1 2.20 1 12c ...1 5% 2.16 2.20 12c 13'Ac 8%c 8%c 9c 2,095 4.60 Sep 166,500 6,300 8c Oct 1.40 Jan Mining Brunswick 1 Mining & Buffadison Gold Ankerite Canadian Red Feb Corby Apr Corrugated 45c ' 21c Dec Yel$w 13 %c 16%c . 12c Nov 12% 3,615 6 %c 1,500 62'Ac 65 %c 2,700 50 %c Cosmos Apr 65 %c Imp 9,000 14c 16 %c I 1 5%c 5%c 5'Ac 19,575 36 » 36 36% 409 4c Apr Feb Craig Feb Crestaurum Knife 1 ... 11c • _ 10c 4 Burns & Co class A ■ 20% * B 3,000 2,500 20% 110 9c 1.05 35c Feb Croinor Feb Crown 39% Mar Crow's Nov 25c 17% Oct 22 Jan 51 50 42 40% 95 30 7 7% 275 6% Oct 14%c 17c 39,800 7%c Jan 10% 3,850 7.50 Sep 100 100 50 18c 16,500 7% Feb — —. Calgary & Edmonton Flin 15c / 100 Flon Oils 1 • Calgary Power preferred Calmont Ltd— 1 Being exchanged common. 16c 16c 100 Davis 16 16% Davison Dec D'Eldona 8% Nov 14% Delnite Dec Jun 1,200 41c Apr 1.00 Oct 14 Jan 16% Dec 3,500 16 %c Dec 57c Feb 1,195 8 Jun 11 Nov 9 9 400 7% Jan 10 24c 3.50 Oct 130 „ 3,500 6c „ «... 9'A 33c Mar 25c — — 7%c 4.25 100 8c dC 2,000 7'Ac Dec 25c 25 %c 4,800 25c Dec 6,446 60 Dec 34 1,317 27 60 61 55 7c 9c 12c 12c 12c Ltd 1 - Mines — . — — - 30c _1 Producers Ltd — Minerals 1 1 Devon-Leduc Oils Calvan Cons — Oil & — — 2.08 2 1 Distillers Seagrams Dominion Cement Preferred Canada Canada 3.900 3.95 10,000 2.90 3.10 - 1 r 7.00 6.80 & Cut Dec 18c 10c Jan 19c Apr 16% Jan 1.30 July 15 15 60 88c 90c 2,000 70c Sep 19c 32c 388,518 19c Nov 12% Foundry 1.14 1,000 14,825 1.15 Oct 8,300 11c 45c Feb 96c Sep Sep 2.96 Jan Nov 29 1.10 1.90 2.12 18,920 28% 28 28% 4,595 4.00 4.10 1,350 14% 14% 15'A 795 14 30% 32% 165 Dec (Western) 2.50 * Bank 10 24 4.00 7.75 Mar 22% Mar Northern Oil _ __ 10 _ • 99% 98% 99% 204 96% Apr 12 12 12% 1,600 10% 2,025 • A Magnesium Dominion 72 Apr 87 Feb Feb 29'A May Dominion 4.50 55 4.00 Oct 7.00 Oct 19% 350 Oct 20% Feb Steel Dominion 26% 19 Nov 100 7 Feb 9 52 165 50 Feb 54 Jan 11% 225 10 July 12% Jan 3.60 3.85 1,300 Oct 5.05 Apr 1.80 class 100 Preferred Dominion 155 9 3.60 9 1.80 225 2.40 1.30 Oct July 3.00 Mar 37% 37% 37% 105 33% Jan 39 31% 31% 180 28% Feb 35 May Permanent Canada 49 Jan 58 NOV Sep 12% Mar Warrants Canada _ „ — Lines SS common & Canadian Admiral $1 73 Apr 82 Jan 316 46% Jan 50 68 25 65 Oct 84 Jan 95c Feb 31c preferred — Chemical Cellulose.. & 2.85 32% 33 1,442 28% 21% 4,067 17 28% 29% 6.50 Mar Sep 33 Jan Donalda Dec Canadian Decalta (Dunsmuir) Duvex 33 Jan 18% 884 15% Sep 19 Jun 19% 1,945 16% Sep 25 26% 1,665 21% Nov 46 Jan 18% 50 18% Dec 21 Nov 31% 31% 400 30 Nov 34% Aug 1,020 8% 8 8% 1,950 5.30 4.70 5.35 48,857 23% 8 Canadian Canadian Food Products class A 50c 3,700 15c ! 63c 61c 65c 8,500 52 51 52 620 5% a -100 _ _ 7,199 18c 21 %c 64c * Dredge Preferred • 57c 19c Petroleum- Devonian 2.20 63c -— Canadian Geenral Securities class Oil Cos 5% 5% 15 53 56 25 14 Jan 5.35 Sep Sep Dec Jun 86c Canadian Oil Sep Jan 42c Nov Jun 5 % 47 & Gas Reserves Pacific Canadian Canadian Pipe 67 110 12 12% 12'A 12'A 1.70 1.70 150 98% 98% 99 90 1 — 1.03 90c 1.04 61,000 , Railway 25 21% 1 Line Products Prospect 1.50 1.51 55% East preferred 21% Canadian Rim class Wirebound class B— Jan 8'A 62 Sep Jan Jun 1.30 97 90c 114 Apr Cassiar Easy Ltd Corp El El Mines Central Patricia Central Centre 1.77 Dec Jun 1.33 Sep 5.00 97 Apr 100% 14 Sep 6'A 120 1.70 1.50 1.71 9,000 32 32 % 50 6'A * 85c 6.15 Centremaque 90c 40- 1,200 32% Nov 1,600 5% 1.20 19 Jan Dec Mar 8'A Oct Jun 85c Sep Dec Jan 3.30 Aug 27% Life Mines Chesterville Chibougamau Chimo Citra-Lartic Grain 1.60 Federal 72c 59 55 60 124,175 21c Sep 89c 1 1.81 1.81 1.95 8,475 15 Jan 1.45 Sep 70c Sep 90c 89c 93c 3.55 3.45 3.85 8,980 1.05 91c 1.14 82,700 6% 6% 350 25% 25% 80 6%c 7%c 10,500 7%c 7 %C 500 5c 25c 28%c 2,700 22c 22,050 ~ 25C 23c 20% 20% 2.85 20% 3.45 Oct 3.15 1.65 100 Feb Jan Dec 6.80 Jan Jan 45c '2.45 Mar 5'A Jun 24 6% Oct 6c Nov 27% Mar Sep 15c Feb 16c May 65c Jan Aug Mar 17% Jan 2.85 Dec 3.00 Mar Dec 1.00 2.85 200 21c 23%C 20,250 61c 70c 12,325 48c 20c 1,000 20c Oct 13 22 Sep 20c Sep Sep 14% 15% 3,366 20% 21 1,185 21 21 21% 420 1 21c Oct Feb 18 1.55 32c 237/a Jan Jan Jan 21% July 19% Sep 25 Jan — 1.99 106,470 18% 20 1,525 15 Mar 21% Nov 26% 26'A 400 24 Jan 27 Oct 7%C 8c 13,232 Jan 13c 3.70 1.76 19% 8c • 1 3.90 6,389 Sep 7.50 Mar 52c 59c 62,700 47c Dec 1.54 2,400 15c Nov 1.50 54c 19c • 22c —10 7 7 7 25 —• preferred Motor class Cos common Frobi.slier Ltd A 1.05 1.00 1.05 3,800 • 65 64 65% * 15% 15% 15% 200 —• common Warrants 4% 4.40 4.30 4.55 16,900 63c 70c 2,800 - debentures Gaitwin — Exploration — Exploration of Alberta Gatineau 5% Power 1,768 1.40 1.20 3.25 May Jan 5c 3.10 7 Sep 59 Apr 38c Aug 7 Jun 80c Jan Apr Jun s 13% July 4.10 50c , 2.25 Feb 68 Mar 18 Jan Sep 9.20 Feb Sep 2.20 Feb 1.50 Oct Feb Jan 16c 4.30 Jan 30c 1.23 Nov 8c 5%% General Oct 19 %c Aug Nov Feb Giant Gold 45c Mar 2.10 Mar Sep 1.95 Mar 5c 6c .6,500 5c Jan 15c Feb Gold 27c 33c 7,600 23c Jan 83c Jun Golden Jan Goldfields God's Lake 55c 7,800 40c Dec 63,815 72c Jan 4.40 Mar 3.25 3.25 120 3.00 Sep 5.05 Jan 5c Sep 14 %c Jan Goodfish Sep 2.40 Apr Jan Preferred Dec 110 Jan July 35 57% 4.90 Jan 6.00 Oct Jan 35% 80 July 45 57% 59 563 52% Oct 68% 1 5.25 5.25 100 4.75 Oct 8.50 Jan 4.90 5.15 3,200 4.40 Sep 16 16 160 8c 11%C 159,100 31 May Feb 7.50 Jan Nov 17'% Apr 7c Jun 12%c Dec 7.90 Oct 11"% Jan 15 1.50 1 9c 8.15 8.25 1,885 4C 8.15 4c 4,700 2%c Jan 7%c May 1.30 Mar 84c 77c 84c 42,948 66c Jan 1 Goodyear Tire 71c Feb Apr 22'% Mar • 24c 24c 25C 10,000 18c Mar 53c May Dec 46c Mar Sep 15c Apr 15C 18 c 6,400 15c 7c 7 %C 1,500 6c 1.60 1.50 1.62 3,400 42c 42c 48c 9,300 4c 6c .15,500 4c 4'AC 13,500 1 • Uranium Goldhawk Porcupine Goldora Mines * 1 Mining common - 7 %c 1 Manitou 1.13 82c 100 5 1 Mines 40c 71c 106 100 1 Eagle 95c 1.40 Mines Goldcrest 55c '' Gold — Gold 96c 1.25 Feb 103 3 Goldale Mines 1 35,454 24,500 100 20% May 1 Yellowknife Glenora Sep 1.53 60 5% 1 Sep 1.25 104 103 * 1.04 1.38 1.80 7,015 86,3 0 0ej 5% Geneva Lake 11c 1 Sep 76c 103 .—5 common A 95c 2,950 50c 1.20 May 60c 20% 5% General Steel Wares common ' 4,000 7c Sep 65c • Dynamics Petroleum 18,500 7c Dec 16c 20% 100 Bakeries 61,100 7c 92 103 72c 20% .100 preferred General 1.35 15c 90 700 1.32 Mar Dec Sep 1.03 92 20c Jan 35 Sep * 92 20c -- 1 * common.. preferred 1.65 71c — 14% • . Products 1.18 27c 68c 20% 20 Manufacturing 1.59 16c A B warrants 1.28 1 Feb 250 Fibre 1,60 1 58c • Mines 13,950 2,800 1 * page 47. Dec * — Petroleum Iron 1.80 72c 1 see 22c 1 — Kirkland 1 For footnotes 19,200 * ; 1.55 8c Cobalt Consolidated Mining Corp Cochenour Willans 25c 1 class General 8c i 22c 10 General Motors 70c Chromium Jan 22c 10 B Preferred 9.50 Mar 15c Ltd 96c * Players 50c Explorers Dec Dec Falconbridge Nickel Famous 6.00 7,500 Gold May 18% 27c —* Trust Fanny Farmer Fargo Oils Ltd Oct 1,600 1 94c Sep 75 13,800 1 Sep 18,000 Mines 45c 18 32c —- 4.05 16c — 97,909 18 Corn * Chesklrk 64c Apr 27c 18 1 Warrants 3.20 1.20 Research 54c Jan Nov 31c —1 class 5,350 15c 1 Chemical 54c 1 Ltd 1,100 1.10 Oils Charter Jan 1 — Mines 6.50 15c Chamberlain Oil 11 1,510 1 4.20 1.10 — Nov 8% Mines Oils 6.10 1 Gold Dec 7 7% . Investment 4.00 1 . Uranium 21 16 'A 19'A 2.30 Mar Sep 21% 1——1 — Porcupine Lake Jan 8% Mines Flooring Ford 2.10 100 ♦ 19 % 135 Sep Sep 14 —1 Glacier Empire Eraser Sep July 100 18 % 1 Oil— 9 10'/8 • 1 Gold— Class Central Leduc Sep 1 Nickel Pen-Rey Sol Emerald 3.10 101 3,167 18 —* Explorers 7% —* Washing Machine Economic 15% Mar Sep Oct Jan 17,050 100 1 Asbestos 1,605 Dec 23 18 A_— Gold Cariboo Central 1,588 8% 20% Metals Federated 1.63 100 • 19 7% —* common Minerals Sullivan Fenimore 5.00 * Wallpaper Canadian 18% 1 & East Eastern Jan 1.45 100 Canadian Williston Minerals 10% 20% Gas Malarlic Nov 5.00 33 %c Vickers Mar 18% 20% Dyno Mines Gas Canadian Utilities Canadian Jun 16 , Jan 31c 45 114 445 ——— preferred Canadian 114 100 Warrants 5Vc — A—1 • common Sep 10'A 23.50 Fleet Canadian 9 20% Mar 18% 3 Jan 100 • Mines Oils Eureka Jun 18 31% • common Warrants Canadian _ July 7% Mar 15% • common—• .; Brewery Dragon Oils & Federal Canadian Colleries Coal common Dow Estella 25 • • Chemical Dominion Textile 21'A Nov Apr 19% 18 25 - 3.00 May Sep 24%c Oct 20% —25 preferred 3,266 7,400 28% * & Preferred Erie * common— 32c 4.00 1.25 21 -20 Celanese 1,800 32% • common 2.85 3.70 — 3.90 • 34 Apr — A Canadian 152 50 • 2 -.10 Canners Car 80 49% 68 - Breweries Canadian 2.65 78% 50 * Oil Canadian 5.35 2.80 B Oils Atlantic $1.75 315 10,730 - Canadian Bank of Commerce Canadian 58 10'A • class Cable Canadian Class 57 9.50 -50 Wire Canadian 58 9.80 _ Preferred Canada —20 1 Mortgage- Oils Southern & Stores Tar East Canada __ Apr 31% _ _ Apr 1,025 51 a * B Nov 1,505 11 _ Lands Packers Class 3% 12% 7.00 9 • _ Power Warrants Canada Apr 100 1,907 85% 51% __ Malting Canada Canada 27% 4.90 . Nov Dec 15% 28% 6.80 Jan Jan Jan 4.60 May 10.50 Jan Jan 1.92 3.75 Nov 4.90 4.50 — — _ 2.25 Feb 1.40 14% Jan 6.65 Sep 52c 17c 17 %c 14% 19% . a Machinery Canada _ . 73c Sep 3.25 Feb 1.30 * 84 85 ♦ Stone 1,870 20c Mar 6,500 * 28% • 20 Iron Canada 26C 3.80 2.90 common _ Crushed 25c 3.90 1 _ Canada 26c 1 - Feb 10,000 Electrohome Dominion Gas Campbell Chibougamau Campbell Red Lake Sep Dec 76 7c ■ Dome Mines _ Feb 34% 1.14 1.36 25c ' 15c 50c Nov 60 * 4.50 Feb >, July 61 Sep Aug 16% Mar 4.00 Jan 33% 7%c Oct 12% 50c 6c . 1 Dome Exploration for ♦ _ 9 Nov Dominion Foundry & Steel com. Oils 5.45 MaT Nov 24c - 4.25 • 1 Mines Feb Jun* 17c ,.—100 50c Gold • Anglo for 4% Colmont. Calnorth 27c 20c 3.80 24c ' 5 1 Dec Sep 8c Nov Anglo-Canadian Oil Co Ltd one 51 %c 7'Ac 10% - — 1 A Feb 10% J. — * Oils Rio Detta Jan 101 Jun 70c 2,345 2,789 3.60 10'A 1 class Jan 8% July Aug 16 %c 3.80 1 Mines Leather Nov 45 %C Aug Dec 15c 50c 10 Zellerbach Corp Nest Coal 41 % ' 1 1,600 1.40 Jan 35c 85c 1 Pershing 52 Jan 5% 2,000 85c _» D'Aragon Mines Mar Del — 86 - Jan 34c 7%c Jan 9.50 * Callinan Box Mining Bit 10c 51 7 35c 192,725 1,000 * Cournor Jan 40% * Burrard class A 12c 10c 11 %c 19% Feb Jan 9%C 1 1 Zinc— & 35c 30c Dec 8%c ; Jan Sep * Crowshore Patricia Steel Calder Bousquet Ltd voting Sep 34% Dec 8c 16% Feb Jan 1.00 7c 8%c * July 1.35 15c 1 _ 36c 11c 50c 51 %c ■ 9'Ac Jan "85c May Sep 34 1 Aug 11,750 10,833 21c 7 Jan 2.58 59,674 9c 10 %c 35c 1 85c Sep 12c Mar 80c Jun 22 Jan 8c Dec 11,596 Jan 9% Dec 50c Jan 21c Dec 25 11c Mills Lead 15c Dec 6'Ac Nov Mines Paper 93c Dec 11 Uranium 12c 32c Feb 1.03 Nov 35c Jan 80c July 85c 15c 4.83 1.35 Mar 1,200 22% 7 38c 47c 1,700 111,700 81c 2.50 10 Dist (H) 23% Jan 12 %c V 6,060 37c ___* A Western Petroleum • • ■ 29,850 11 6%c 1 i Lake Hill 11 1 _ Products Burlington 13'%c 1 _ Buffalo Buffalo Building Smelting 14c 12c 35c 11c Rochette Copper-Man 3.25 Sep Dec 3,250 8,726 32c 35 %c —. Jan 4%c Dec 27,475 18 %c Sannorm Conwest Exploration 18% Sep 2.10 12c 45c 23 % Consumers Gas Mar 12 Oct 32c 9,770 class 300 52c Jan 3.90 2,000 5% May Apr Coulee Brunston Press . 2.07 12c 35 %c Quebec Gold Consolidated 49 81 Jun 9c Consolidated 92 21% Feb 5 Mines 1 Jan 49 Sep 76 Sep .. 42c Oils Jan 92 16% - 7c 7 4c 2,540 . 47c • Mar 10% Sep 70 Dec 1.98 2.05 Consolidated 11,205 25c 5c Orlac Jun 79'A _ —1 _ __ Ltd 17c 27,700 8c Mining & Smelting •3.35 Nov 30c 7% Consolidated Nicholson 20% 5'A * Mines Ltd Jan 20% — • Empire Oil class A_ Consolidated 11% 1.30 July Dec 85c Jan Consolidated 42c 7'/aC . Jan Feb 2,287 7%c Oil Lake Mar 11c 43c 25c Guayana Howey 15% Dec 2% Gillies Consolidated 74c 42c 30c Consolidated Golden Arrow 1.90 Nov 7c Consolidated Feb ;5.25 Feb Consolidated British Columbia Forest Productsclass ' 78% ion pfd . Sep 13% 8'Ac 1 _ preferred Mines 1.15 Sep East Crest Oct 640 __1 Discovery Consolidated 18c Sep 3.00 Sep 7% * Oil Mines 1,450 — __ Elec Reef 27,500 3.05 * _ _ 11c 3.00 _ _ _ American preferred 9c 3.00 Consolidated r25c 4.10 4%c Jan Mar 8,700 2,000 Oils Apr 17c 4.00 Cadillac Mar Nov 4%c 7% 1.08 Jan 26,500 8c 10c l Cordasun High 16% Mar 1,000 565 28c 34 %c Bakeries Central Low 9% Oct 10 % 4'Ac * Oil— 20c Jan 55,700 9c 8c —1 ordinary Columbia Bulldog Nov 5%c . A_ British Brunsman 5.00 6c • Cord Brunhurst Sep Jun 1 _ 28c 4'Ac Range Sine# Jan. 1' High 10c l 2.40 Shares 10 ■> 72c 25c __ British Broulan Jan 10 1 15c 9 %C Petroleums 4%% Jun 1 __ Petrole ams Red Feb 40 —1 _ Brilund Mines Ltd Britalta 2.10 Sep Sep Coldstream Copper Colomac Yellowknife Commonwealth Pete 29c 9c Brazilian 60c 35 Jan 8 Apr 1 9'Ac Mine Brantford Class 48c 8c Bralsaman Bunker 1,400 6 Coin Lake Sales for Week Low • Jan 49c Coclcshutfc Farm Eaulpment— 1 Gold Buffalo 11,200 4.50 Dec Par Jan 1 Mines Mines British 18C • Bordulac 5% 15c 16c 1 Bldgood Kirkland Brewis 14,900 125 45 - Range of Prices Sale Price High Oct 17c 7,100 40 4.25 1 Gold Bonville 72c 39% 39% Mines Yukon Bob Jo 62c _ Mines 3.877 7% _ _ 18c Low 31 Week's Last , Range Since Jan. 1 400 7% * . _ 40% 17c _ _ STOCKS Shares High 40 17c • Belleterre Quebec Beta Low 1 . Telephone Bellekeno of Prices • A Friday for Week Range ? Sale Price Sales 4 'AC %C 18,500 * 98% 98% 99% 270 —50 48% 48% 48% 40 4c 1 —— 1 4 Sep 3.75 Jan 36c Dec 1.00 Feb 3c Dec 9c Feb Jan 12c Feb 10c Apr 1.50 3%c 3c Jan 88 % Jan 100 47 Sep 49 NOV May 45 The Commercial and Financial Chronicle 46 .. . Monday, December 14, 1953 (2342) CANADIAN MARKETS RANGE Week's Last STOCKS Range Graham of Prices Low 7 Ml 105 27c 36c 47,150 18c 6,000 19% 1,581 Dec 1.45 Jun Dec 15c Macassa Mines 61 Mac Jan MacDonald Mines Macfie Explorations Mackeno Mines Jun 19% 15 Jun 21 Sep 49% 59 Mi 50 120 45Ma Feb 51 Aug Great Plains Development 5.90 5.90 6.10 550 4.25 A 6 Mi 6 'A 6 Mi 5 Mi 5 Mi Lakes Class Great A Paper common preferred class Coal West Class B Jun 7.10 6M2 July 10Ma Feb 115 5M2 . . 4.50 Gull 3,425 9%C 12c 23,700 9.15 9.65 36.685 6c 6c 6MiC 13,600 33 punnar Gold Gold — Gypsum Lime & Alabastine 33 34 210 7c 7 Mac — 19 Gold Rock Mines Inc Gold exchanged Being Lakes 19 % Aug Dec Dec Frontenac C3pn 91 Vor 29%c Iron SeD 18c 15M4C 19c 54,000 18 %c 18 Mac 21c 11,727 17c 12c 20c 94,000 19c 19c 24 Mac 31,200 8%c 11,500 4%c 4MiC4%c 5,000 20M4C 21MiC 19,200 17c ?ep 65c So 36c 2,500 30c May 48c Jun 1 Mines • Crest Oils Ltd 8c 20 'Ac 36c 1 «2| n Nov ?9>Ac JaS Sep qv5 rvS 25*. W SeD 44c 80 a j/ 13c 1,000 12c Sep 34c 125 24M» Oct 30 Mexican 12% 11% 12 Mi 1,605 11 Me Oct Jan Feb 15% Feb Meta 27% 8.20 8.15 8.50 4,443 6.30 Sep 13 Jan Feb Being 13c Paper common 25c 4MiC 20 Mi Sc 3,250 19% 695 22c 23C 19% 30c Jan 4c 26,050 4M8C 1 1 • Gold Howard Smith 13c 2 7 Ms " Yellowknife Homer 1.60 Hoyle Mining • 1 Mining &: Smelting Porcupine Hughes-Owens Co Ltd pfd Bay Hugh-Pam Oct 17 Mid Oil Industrial , $2 preferred (John) Co & Mining class Metals International A 7.10 6.75 7.00 10c 9 Mac 10c 35% 36 Mi \l 01 635 100 /2 Feb 25Mi Nov 36 6,192 9% Jan 11 Mb July 6 M4 I,000 24 Ml 330 23 4c i 100 4c 23% 1,000 q 3%c Jan 33% 2,045 84 84 100 33 Ma 80 38 Mb 38 Ma 520 8 8 100 Dec Sep *3f/2 Dec 3(9/4Juaiv *Sen 73/. Nov 12 Feh 9% 5 Nesbitt Labine Uranium Nov 6 Oct New Alger 16 16 100 15% Sep 18% Nov 33 33 Mi 80 34 Ma 36 II,057 4f)r 10 Tnn 34Vo 043/. 46'A New Jan 128 129 320 18% 19% 1,268 4pi/ 20'A 19 Ma 20% 6,331 17% Sep 5Mac 7Mac 20,200 do inn 92p Jun 8M4C 1.000 8c Au? 12c Aor aPIf 24c Feb Feb 127 Dn 10c 3.15 3.25 25,095 2,100 195 6c 10,000 4%c 18c 15c 18c 11 Mac 14c 33c 11,511 18c 18c 1.000 1.30 1.40 1,500 1.33 6c 6MaC 15c 6c 555 3,900 17 Mt 17% 1,463 24c 24c 9c 1314c Dec ,23 o or 02,-25 oc/8 35c Davies NeW Feb Jason Sep 23% 15 Oct Nov 81 Jan 38 Va Jan 96 Jun 8%C 0/2C Jan 39c l tto May Dec Jan Newnorth 38c Dec 78'/2C Jan New 15%c 14c I6M4C 5,000 10c Sep 20c New New Richfield New 1.06 1.00 1.15 8Mic 149,550 Oct 35c Nov Feb Nov 50c Nov 6,400 1.00 Sep 17 17'A 17 Mi 17 Ma 8.00 7.75 8.10 1,885 63c Mines— 62c 67c 9,700 62c 3,016 6.10 2.10 Feb 18c 20c 3,900 20c Lingman Osu 15c 20c 3,500 18c 5.85 781 5.65 5.65 29 Mines 29 5.20 Jun 11 Sep Sep * Sep 1.80 29 Mi 1.55 1.57 3.80 3.80 14c 17c 214,665 9'A Mines Sons 9 Mi 9 Mi 1.50 175 15c 50 Mines Lamaque Gold 500 3.50 14c Dec Oct Nov Dec 7'AMay Acceptance class Class B 6M2C Lavalie —1 —3 Mines 100 10% 17 60 13% 14 5%c IV2 14 13 600 5 Mac 14 9 200 17 .20 5M2c Jan 4,000 10 10 Mi 10% .-___ $1.20 red preferred Laura Secord 6M2C 10 A_ 1,500 5c Feb -1 Lencourt Gold Lexindin __1 Gold \ J Long Lac Groceterias class A__ Class B 37% __ -1 10 Nordon Jan 9c Nov Jun North 11,000 6c Jan I6M2C Sep Nudulama 13c 16c 10,300 Mines 62c 56c 82c 1,452,000 Goldfields 15'A -- see 13c 12c M) Lynx Yellowknife page 47. 15'A 15 9c . 11c 2,600 125 3-000. .. 8c 22c 14 7c Oakville Obaska Jan 29c 30c 11/27% 27Ma 7 7Mi 11c 1.25 1.99 52c57'/4c 1.23 1.30 50c 58c 15c 76c 18c 35c 45c 1.04 19c21'/2C 2.75 2.90 15c 15c 9%C 9'/2C 10c __ 6'Ac 6'Ac " 12c 15C 7c 1.79 16c 1.76 16c 7c 7%c 2.12 17c 7c ,_1 - 1 Ltd __ 16c _1 175 Jan 27% Apr Jan Jun 11% 11 Jun 13'A 25c Sep 84c May 10'A Oct 14 May 27% IV2 295 10,400 511 30 27 Oct 725 7 Dec Jan Feb 8% Mar 23,300 1.60 Jan 2.99 Jan 885 24'/a Sep 27% Dec 29c Feb 9'Ac Dec 9,125 Feb 15%c 17c 4,275 1.10 , 1.20 17,635 50c 9,450 Sep 2.92 May Oct 1.33 Feb Nov 2.25 Jan 53,035 50c Nov 1.51 Jan 1.20 3,028 2,100 15c Oct 114,175 45c Sep 45,100 18c Oct 2.45 8,405 Sep 34c Feb 1.71 Nov 70c 3.30 Jan Jan 9,600 25c Sep 55c Oct 3,000 12c Jan 48c Apr 7,490 18c Nov 55c Feb 11,300 35c Dec 40c Dec 18,000 10c Jan 82c Jan 11,300 7c Julv 20c 2,478 5c Sep 16'Ac Feb 6,900 12c Dec 80c Apr 7c Oct 23c 19,000 212,471 6,800 2,250 7.J?00 12%c Jan 2.95 Feb Apr Feb 16c Dec 40c Jan 3%c Jan 24c Apr 7'Ac Feb , 27c Nov ,1 4IM2C 40c 45c 13,400 40c Sep 87c May l Lac Mines____ 26'Ac 26'/4c 33c 38,475 26'Ac Dec 79c May i 5V2C 5%c 4M2C Apr 9'Ac Feb 6,020 6c 8c 60.030 4c Oct 5'Ac 5%c 4,000 5c Dec 11c Feb 17c 18c 9.100 8c Sep 35c Jan 6c l) 6c 6c 5Vic ^ 7c 2,000 4c Jan 12c 17c _1 14c Feb 12c Feb 12c 14'Ac 17,900 10c Sep 35c Jan 12c 14'Ac 1 1 16,400 12c Dec 31c Feb 1.90 Sep 4.10 Jan 16c Sep _L 2.14 2.00 2.14 5,835 II'/bC 11c 14c 23,375 8c Jan 3%c Jan 13'Ac Aug 1.35 Dec 2.35 Mar 5c . 5 1.35 5'Ac 1,000 1.35 1.44 2,149 8c 8c 9%c 10,500 56c 70c 14,800 61 59% 62»/2 2,434 12c 8'Ac 2.50 934c 13c 8%c 2.000 2.55 9%c 1.66 1.56 7c 7c t _1 * • Mines Ltd 1*. Oils J 14c T 8c Nov 56c Dec 59% Dec 2.65 11c 1.74 8'Ac 14c 15%c 1,500 2,354 36c 1.05 8c July 17c 4c Jan 22q Sep 4.25 2.42 Oct Feb Jan 78% Feb 37c Mar Feb Jan Mar 1,833 8c 5,600 1.56 Dec 7c Sep 22c Jan 30c Sep Apr 9 Aug 63c Mar 47,650 36,400 6'Ac 3.05 May Jun 6% £ 23c 20'Ac 30c 15,900 20'Ac Dec *> 1V ]/, 39c 35c 4%c 45c 5MbC 4,300 35c Dec 7,000 4'Ac Jan 10c Feb 11c lie 13c 16,500 lie Jan 80c Apr • 7 40c 38c 49c 16,500 38c Dec 6% 63A 6% 20 6% Sep 9 6c 6%c 8,500 5c Sep 13 'Ac Feb Sep 1.15 Feb __ Mining Mines Mines Mines (1940)-, Lid Mines 6'A 6M2 600 Oil Ltd 30c 95c Mines Oil 1.15 Jan 1.05 May Jan 15MA Dec Sep 15c Mar 1 Gold 1 ♦ 6c ■> 62c IOV2C • Oct 64c 3,200 56c 10'/2Cl2%c 6,500 4%c Jan 17c Feb 8c 3,000 5c Sep lie Jan 60'Ac 7c 1 Dec Jan Ltd Selections Mar Nov i. Wood Lake Ogama-Rockland 7V2 Mar 25c Jan Dec 35c 15% Feb July 46M2 July Sep IOV2C Oct 77c 26c 2,500 Feb 1.35 Mar 1 Canada 12c 15c Sep ^1 Gold Northland O'Brien Long Island Petroleums 9 20c Petroleum & Inca Nubar ll%c Oct 17c .___ Canadian Jan Jan Oct 5% 8 h 1.09 Jan 1.00 22% 5A 18c Ltd Star 5V2 July Jan 70 50 5% 40c North Denison i7%c 3 Ac Jan 799 » g 21 % 25 A 20c i Sep U 15% 13 Sep 18c Mining 7c 10 Jan Jan 50 13 35c * Oil North 10% July 46 __ I Normetal 1,000 3,833 Jan 14% 860 18c Corp 8'Ac 6% 4.55 Oct 56c 39c Norgold Nov 4'Ac Dec 9.85 ; Jan July 55c 4c 6% 1.80 2,995 16'A _Al 3.45 Mar 5.40 51c 5,300 6% Gold Hosiery class A Apr 19,100 Nov 20c ______1 Mines Trinity Apr Feb 19c Oct 9'Ac 2.75 40c Gold North Nov 1.95 Sep Jan 1.95 76c 20c Mines North 36 Sep 7c Nov 27% — X-■ Mines Noranda Feb 44c Jan 1.20 40c 1.60 54c _^______50c Nisto Feb' Jan 37 A 210 26,000 17c 27.Mi 1.23 i\ 14% 330 Nov Nov Nib 12'Ac 466 Dec 5,000 9'Ac Yellowknife Nipissing Mines Feb Feb 8.65 Jan 33 7'A 1: Jun 4,725 Dec Nov 5% 1.60 Oil Oct 40 5.15 38c >/ 54c 51c 11% 46c Oct 3.00 Mar Sep 20% July 37% Sep 20c 900 1.20 1.83 Superior Oils of Canada- 60c 44c 2.00 176,492 Jan Mar 1. 1.24 ——i*: 1.98 —55c Thurbois Oct 39'A 64c Feb New Janv 37'A Sep Oct New 10c 10c 20c 52c Feb 8c __1 2,000 Jan New Ryan Lake Mines Senator ___! 60c 60c 2.50 3'Ac Rouyn Merger Northern Gold 6.00 July Oct 143,975 Gold Pacalta Norpax 6 ]/2c Lapa Cadillac Jan Sep 90c 43c Norzone Nor-Acme 28'A 70 12c Sep 3.25 400 1,500 38c Apr . common- May 5%c 5,000 16c 43c 18'/2 July Sep Dec Jan 6%c Jan 10,033 Jun 40c 15,000 54c May 69 5.700 _• Long 55c 12c 31c 40%c Aug 4.65 — Morrison 35c 41c Dec 29c Mylamaque Explor 8.200 8M4C Mar 8 1.75 .1 Moslier 4,020 1.53 — _1 _1 New 24,740 85c -- - _• New Jan 40c 49c Sep 30c Sep New Larder U Newlund Mines New Marlon Gold 62c 12c 51% Oct New Laguerre Mines 68c * 11c 1,270 43c 12 "f 38c , 7,000 9,167 1.20 Gold 55c 1 Mines For footnotes 30c 8'Ac MalurtiC- 52c (John) Ltd (Walter Nov 11,466 Kelore , July ?6k d Hugh New 38c Labrador Mining & Exploration. Louvicourt 15c Jan 21,150 New Lowney July 13c Hluhrldye Jan 60c _20o Uranium 7 8 -1 55c —1 Kroy Oils Ltd Lorado Apr 2.30 Goldvue —1 Klondike-Keno London 5 12c New Harricana Mines Ltd 1 Townsite Lomega 10'A 40c 9% £ Fortune Mines 1 Lake Loblaw Apr 82c Oct 1.95 Petroleum —1 Mines Kirkland-Hudson Little 1.05 Oct 7 Ma 2.05 Delhi New Feb 3 15 Mar j.ia Ma Sen bep 7c 1.80 10 13 9% _Al-: ___; Bidlamaque New Leitch Dec 28c 1.80 8M4c 2.10 10% 13 Jan Nov 30c /an ceP ,1-40,S.eP nn7/ ^ 20 AC Jun 7,010 55c 40c 11* l"* 1,000 8C 1 ——* Keyboycon Mines Laurentide 39c _____________12c Warrants Apr 48c July 1 19 1.19 10,000 1 1 6M2C Jan 9n%p Sen 5,700 & 7,000 5,100 4,050 1-80 27% Devon Petroleum New Dickenson Mines 3 75 Sep 16c Dec 15c 41,750 31c New New New New 21,600 13c 33c 7c Lang Aug €2c 11% «■> ; New Continental Oil 29% Mar Jan 1 Mar 30 Jun 5c Jun 131 sen 8MaC 22 Oils & Dec 18c 84c 30'Ac * New Bristol Oils New British Dominion Oil New Calumet Mines New Concord Development Jan Dpr o7 128 1.60 Luz 43c Nov 9,500 12 1;. Feb 5% 22 Landover 9 Mac July 7 Mac 20c27M2C 5% 5% 17c -20;, Negus Mines May 50 1.45 La Jan Mar 8,360 Sep — 250 100 6 Mac Shore Feb 8% 17c Dec __ — 26,570 1 Lake of the Woods Jan 20c 30c Car 9% * Lake Steel 5% 1 Lake July 60c — ■ 5^ Petroleum National 2.35 1 Kerr-Adidson National 9% Gold Lake 7 4 Mac 5,000 _59% _ National Hosiery class B jan q Tnn 22c 5.15 ____* v 30'Ac Chemical com Drug & 5% Oils Lake Feb 7%c 23,165 J,-, 14% • .v 24% National Explorations Ltd National Grocers common Preferred 36% Mar 84 19 Mi • Kelvinator Dufault Apr 1.95 Jan 29c 7c 1.84 10% - —•£.' 1.95 Kenwell Lake 557 19%c Oct 2c 75c 1 9% Kenville Labatt Jan 7c 1.34 6,500 26c * common 2.10 • Kayrand Mining Copper 10,600 28,000 60c 1 Knitting Porcupine Preferred Feb 9c Jan 82 33 33 1 Ltd Containers Naco Ltd Jun 23 34% • Jupiter Oils Ltd Kristina Jan 2.25 July 26c ____ Corp National 28 33 Ma 33% Jan 24"A Jan Mav 6c . Kirkland 20% Jun 60c • * • • common-—_—.* common Monarch 48* Sep 7,507 10% 38 . __ - — Montreal Locomotive Moore Corp common Morrison Brass —— 42 Ma 9c Ltd old__. Montoco Petroleums Ltd 29 Mb 3.15 Kirkland Jun 1.35 Ltd Gas five Nov oBi/_ Anr * (1939) Gold Keymet 15"% 4,300 Jan Jan 8M4C Line Joliet-Quebec Kerr 123/b 10 Mining— Mines Modern 28 % 6c Mines Mining 27c Nov 9M2C Dec 12,800 Oct Feb 125 Jan 5.70 1,800 25% Dec 110 Moneta * Mines Jonsmith 75 25Mb 50 123 23 Oil Joburke 25 Mb 4C Gold Oils Jet Mindamar 5 Petroleum Interprovincial Pipe Jellicoe 1,245 for Minda-Scotia May -5/100 * -Preferred International Jaculet Mar 65c • International Nickel Co common Jasper 58 Dec 25 Preferred Waite Oct 42c 24 * * 1 International Bronze Powders com Jack 36 1,800 6 'A common Ingersoll Machine class A___— Jacknife 2,435 42 Ma * 100 ——-—30 2 Acceptance inspiration 42 122 4.95 20c _1 3.50 1.20 1.25 20'Ac 4.30 — 45c 10% 1 ,.$4.25 preferred $1.50 preferred Inglis Jan Ltd— Gas & 3.25 1.20 Milton Brick 39 25 MB 7'Ac7K« 20MiC . Petroleum 42M4c —__* common Lake & for new ong 3.40 Mar Sep Oil exchanged 39 ___________ Varnish Feb 20% Aug 28% 10 * Imperial Tobacco of Canada ordinary_5 Preferred i-1 Imperial 2.95 Sep 1,470 9c — —.—1 ______ Mines continent 45c 10 Bank Imperial Life Imperial Oil Imperial Indian Dec 16% 27 91 7(ic Light & Power common—* Midcon Feb 8M2C 20 Mi Apr 1.50 2,000 123 1 1 Husky Oil & Refining Ltd Petroleums Hy-Charger preferred 1.75 25 '/a 100 Huron & Erie common 4% Jan 1.16 100 51,615 52 54 33c 35c 8M2C 10%c 1 Uranium Mill City Hudson Jan Mar 9,350 16c 11c 12'Ac — 52M» 33c • Island Merrill 5 — Oil Ho,sco 90c 5%f • Mercury Mill* 27% * . Hollinger Consol Home 40c Dec 60 91 — 5 Exploration Mentor 0 Sarcee Dauch__ & Sep 25c 1,196,800 1 McWattera Gold Feb qVur Cirt r. Merrill Petroleum Highwood 12 '/2c 26 M2 — 1.14 8,000 21,300 15c — 2.05 May 55c 10c 43c 33c 7% High Oct Oct 1.35 5,600 5% — * 5 1 McDougall-Segur Mclntyre Porcupine McKenzie Red Lake McMarmac Red Lake Nov Mav 1 1 — Highland-Bell Hinde common Low 42c 8Mac 39c 28c 7M2 43c 33c ---1 • —100 Preferred v. 21c 7% * Ltd Maxwell 8Mac Range Since Jan. 1 4,992 ,8,125 7%c - • • • Oils Ltd Oils Ltd Marwayne 1 40 3c 3%c 7% 17Ma 22c 1 Massey-Harris-Ferguson Ltd 1.35 __ 1 Malartic Gold Marigold Mar 10% Oct 7 250 23c 1 Mineg Marbenor McColl 1 High lie 3c 7% Marcus . 1 Gold Jan Jun 9M»c Oct 1.36 * * 1.75 8c 8'/4c 8c 1 Maralg0 Mar Ltd Gold Heva 2c 78,350 1 Maybrun Mines Headway Red Lake Heath 39 (1939 )— Gold of Head Apr 1 Harrison Hibbert Mines Hasaga F-Ph Feb 13% 13 % 3,650 9 \-u/ w. 1.70 1.70 1 Maiartlc Goldfields Manitoba & Eastern Maple Leaf Milling common Tm Jan ?o 32 350 10c 01/ 2% I8M2 — Red Lake Gold Mines Magnet Consol ,.n oak R __ Shares old lour lor new one X'm oj? ?JLP Into Mines, Harricana New 19 Mi 8% Harding Carpets Harricana 9c 19 10c Halliwell Gold Hamilton Bridge Hard 50 5.90 9.20 Lake 4.50 5.65 9%c Lead GwJlllm 4.50 5.75 __________ Freehold Grldoil _• 10 % Mar Dec Madsen Greening Wire 59c 12%c 25c 1.29 —-1 1 MacLeod-Cockshutt Gold Mines MacMillan & Bloedel class A— Class B v Jan 470 \ —1 of Prices Low High 1.45 1 54 08c 60c 12Mac 15c 25c 2 i .ac 1.16 1.29 18 18 18/8 18 A 1.45 1 Jan 7% 19 Mi Great for Week Sale Price 8 Mi 27c 15c 27c Sales Range Par High _______ Mines Week's Last Range Since Jan. 1 High Low \ ^ STOCKS 7'A JBousquet Grandines DECEMBER 11 Friday Shares Sale Price class A Mackay ENDED for Week Par Gordon WEEK FOR Sales Friday Toronto Stock Exchange (Cont.) < .Okalta . Oils ^4.1 ,0'Leary Malartic __c Omnitrans Exploration Ontario Jockey 000 8 Club ' 90c ». :_ * • 2.14 16c 41/2C 1.80 2.26 36.200 1.50 Sep Feb 16c 17c 6,000 15c 4c 4%c 9.700 3'Ac Sep 2.05 2.10 4.350 1.95 Sep 3.45 Jan 29c Mar 9c Feb 2.95 Mar Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2343) CANADIAN RANGE Week's Friday STOCKS Last Range Par Ontario Pyrites Ontario Steel Ltd Co common..; * UlieuilsKa Copper Mines 1 Rights 1.00 STOCKS Low 84c 55,360 21% 35 72c Thomson-Lundmark 17% May 21% Dec Tombill Gold 1.99 Feb Torbrit 3c Nov Toronto %c 3.30 3.30 125 40c 43c 13,700 35c 88c 10,400 50c 33,000 94c 75,000 « Osisko Lake Mines l Pacific Coyle 1 80c Pacific (Eastern) 1 13c 13c Pacific Petroleum l 8.60 8.30 8.70 • 70% 70 71 J/ac 410 Hage Tubes Pamour Porcupine Pan Western OH * 70c 90c Dec Traders 14c Sep Nat Ltd 6%c July 6.75 Jan Jun 73 Vs Jan Trans 4,500 4.50 450 12c Ltd 10c 12 %c 50c 4c 315 Dec 60c 4V2c Jan preferred.. 60c 1,500 50c l _ 37c 30c 38c 46,760 27c 5.75 5.50 5.85 1,400 Aug 105 'A 105 % 20 100 Mountain . Goldfields Sep Dec Triad . & 1 Petrol Oil <to Gas Pickle Crow Pioneer • Gold Mines Uranium 1.65 Aug Jan United 9,000 10c Dec 30c Feb United Fuel A 1.25 61,900 46c 49,934 92c Sep 1.65 Sep 27 %c Sep Nov 37c Feb 2.61 2.60 2.70 33,485 2.00 24 %c 23c 26c 59,600 B 3.60 B_„ « Radiore Uranium Ranger Brewing Dow Ltd Mines shares Sep Sep 1.70 Jan 4%c 4c Aug 13% Sep 24% Jan 1.10 3,300 / 1.60 4c 2.40 2.30 2.45 7,525 1.40 Mar 3.95 3.70 4.30 24,410 1.65 8%c 8%c 2.000 7c Jan 65c 70c 14,525 65c July — 31% 55 Sep Dec Sep Jan ..-j 25% Aug 1.52 Jan Roi Mines Cons 69c — Waite Walker 3.40 Aug Nov Weedon Feb Wekusko l"2c 27c 1.55 Jan 55c 13e 9,700 10c Sep 70c 75c 5,100 70c Oct 1.70 Jan 4.00 2,400 Dec 9.00 May 48c 3.55 67c 45,600 48c Dec 35c 36 %c 36c 15% 17,340 20c Sep 14% 15% 6,266 69c 71c 85c 337,450 14% Dec 32c Jun Amulet G Redwater Jan 21c 1.54 May 48c 22 Jan 1.14 Jan Feb Prado class 3,600 1.46 500 2.00 2.00 200 91c 1.02 12,300 _ 76c Jun Little — . _ _ Dec 2.50 Feb Oct 1.17 Aug 49c 27,423 16,650 14 100 14 Dec 10% 10% 10% 140 10 14 14 14 100 9c 8c 9%c 15,500 • Bridge 15% Apr 22c Feb 1,000 14c Nov 35c Feb 12c Dec 35c 8%c 8 %c 1,000 5c Sep 20c 38% 1,385 32 Jan 38% 440 12 Sep Sep 12c 12c 13c 6,200 3%C 3%c 4c 20,600 2%C Sep Water Class A Class E 17% 17% 1,100 17 24 38%' 37% 38% 2,540 30% Apr 39 1.41 1.40 1.46 3,091 1.40 Dec Creek 8C Oct 32c Vdting Canada Western Class Brew Grocers Western common 7c 7,500 4%c 4%c 17c 20c 5 - - (Geo) common Wilrich Apr Oct 10c Feb 13c Nov 33Vic Jun 55 104 36 50 65c 69c 103,500 4.50 4.73 3,700 75c 83c 7,700 34 34% 95% 95% 95% Wood _ (G H) Wood, Wool Lead Yankee & — __ __ B 1.66 Jan Sep 6.85 Dec 4.35 Jan 95 26% Jan 34'A Dec 272 91% Feb 987/a Aug 3,525 35c Sep 6'/2c Oct Jan Jan 1.14 12'/2c Feb 9c 9%c 6,500 5%c Jan 17c May 6%c 6%c 1,400 6%c Dec 14c Mar 7% 7% 7% 4,057 5% Apr 8'/a 98 97% 98 45 Oct 100 Vi Jun 1 8c 7c 9%c 17,200 Jun 22c Aug 98% 98% 20 97% _ 100 96 5c 100 Dec 6 300 5'A Feb 6 Vis 6% 50 6% Dec 12 »A 1.65 1.65 1.70 6,945 1.63 Sep 2.58 25c 25c 27c 10,750 21c 47c Sep 7c 1 ■ —~ ' 1.20 « ~; « ■ 1 Metal 20c 8c 7,000 7c Sep 22 '/2c 6'/8c 8,000 5 VH C Dec 13c 1.15 1.20 9,310 1.05 Sep 2.90 2.90 1.10 300 12c 1 Mines 5 VsC 1.05 _1 Oil 14c 10,583 lie Oct 59c 19c 22 %c 9,700 14c July 49c 345 2.90 Nov Apr 6'/2 Jan 5% 6% ' Mines Zenmac Sep 4.25 75c 122,650 __ _ 66c 1 Zinc Knitting class A Class Dec 7c 5 Mines Yukenc Aug 58c __ _ Yellowknife Bear York Dec 56 36 • _ .. Canuck Yellorex 17% Feb Oct 14%:May 100 Wright-Hargi;eaves Yale >Feb 42Vic Jan 46% 53c _ (1 Alexander Combing 24 Mar 33 6'/2c • _ — _ Jun Sep r- 1 preferred 20 13c 57'/2c .—1 Mines Gold Winora 625 34 1 Larder Gold 17% 66c 1 Dec 4Vic 4.50 100 Petroleums Aug 1,000 \ 36 • 4.55 8,300 55 * Ltd 50 17c 75c Leaseholds 12% Nov Jan 17% Tungsten Toronto Stock Apr Feb Jan Jan Mar 1.75 Jan 4.50 Apr 1.65 Dec 1.00> Mar Jun Jan Jan Exchange - Curb Section Canadian Fonda Friday Sale Price 15 %c Aug 2.81 Mar 14 % 16 Feb Andian 12 12 50 12 13 Sep Anglo 1.15 1.15 1.33 14,675 Jan Asbestos 26 26 30 Dec Brown Co common 1.66 1.65 1.83 5,750 1.00 18 1.35 Jan Sep Jan Oct 2.82 26 2.80 Jan > 1st • 39% 40 40 45 45 i 938 45 49 25 43 Mar 43 150 49 36% Jun 46 Corp * •' 98 Jun 49% Nov 6.15 7.35 17,508 4.80 Dec 7.35 Dec 17% Feb July 21% Oct _• 37% 37% 38 419 31% Oct 42 Feb 157 157 12 Jan 160 Feb 25% July 25 Jan Oct 1.15 Aug 5.75 Jan Canadian 5.50 Dec 16c 18c 9,600 lie Oct 70 %c 79c 153,090 50c July 10 19c Jan Jun 46% 13 Jan 16c Oct 85 75 16 Feb 27c:27 %c 7 25 49% 60 20 50c 1,401 87% 49% 325 20 46c — — 400 65 46q 8%. 87% * preferred Bulolo Gold Dredging 14% 285 15%; 8% 1 preferred 23% 25 9% 115 27% Sep 12% Mar 14% 24% 3.80 355 Dec 23y4 24 9 24 23'A 24% 15% 963 • 25i 10% 24% * 53,310 9 24 Vinegars 4.50 14% 24 Canada 3.90 35c July Industries common 100 Preferred 7.75 Jan 32c Jan 1.15 Jan Canadian Western Canadian Feb 25% Mar 1 Lumber Westinghouse Commercial Alcohols Consolidated 148 18% Mar 15 4.80 4.80 5y8 1,446 3.00 Jun 5.25 Jan —• Marconi ii y* 11 11'A 1,400 8'A Jun 11% Nov 55% 0 — • —— Paper * Jan 11 10 Nov Dalhousie Oil 17 Mar Dominion Bridge 68c Jan Hayes 45c Jan Humberstone Shoe Paper common 47c Mar Feb 308 3.50 300 42% 2,052 18C 6,938 Dec 28c 70% __ 40'A 72% 370 69 Oct 83% Jan 33% 33% 135 33 Jan 35% Mar 2.70 34% Sep 3.50 Dec Apr 42% Dec Aug 7% Mar 72 Jun 65 3.50 40 y4 60 * common International » 9% Jan Canadian General Invest 4.10; . Apr Feb 50c # 7 Jan 700 300 Nov 400 17% 3,099 .• 7 8 '/a 17% 52c 5.75 Mar 50 8 8 9c 5.50 High 10 7% 8 * Develop • 52c ■ Low 7% 5 * National Newfoundland ds Dominion Sugar ; —— Range Since Jan. 1 High Canada 50% Sep 9c 75c Shares July Mar 47% Mar 8c 5.75 for Week 6.90 10c - Range Low Par Sales Week's et Prices Last STOCKS Sep 13% July 1 Jan Oct Jan 4.40 5c 36 10c Homestead Western 9.40 42 67c 17% <■ _ _ Jan 24' Dairies class A Silverwood 6%c * A 14% 1 Oct Apr Feb Sep 380 3c • (Quebec) Sep 95c Sep 27c 10,275 2.25 Mar 50c Mines 13,500 16c 1.57 Mining Miller Silver 38c 20% 50 trust certificates Mines Silanco 35c 35c 2,925 20 Canadian Sigma 1,000 9.75 16c 2,850 49 Breweries Sicks* 2,859 4.50 20 8,520 50 Gordon Sherritt 49 4.50 16c 1.80 0 — 48% 1 8%c 1 _ _ 9.25 49 * Jan —1 Gold 9.40 4.50 Ashley 8c com _ 30c 1 — —_ 1.62 8c. 1.66 „ preferred 2,500 Dec • Power 36c Jan — preferred— (1945) Mlness Shawkey Sheep & 31c 1 2nd Shawinlgan 3.25 Products 5%c Feb 17% • common 19 J/4 Jan Western 17% Mar 0 Security Freehold Petroleums Jan 1.37 Dec 13 a Ltd 18% 4,300 Jan Apr 38 ______ A. 25 3.04 15c Jan 12% • Ltd A Co Dec Oct 16,000 0 Oils Apr 16c 1 Petroleums Scurry Sep 12% 1 Sand River Gold class Feb Nov 1 ! Gold Scarfe Apr 15c 38 ■ —1 common Corp Antonio 1.15 3.40 17 • Oils Rupununi Gold Industries 8c Nov 12c • Royalite Oil 14 Dec 15c 10 — — 1.25 12c 1 __ 42c 15c * Silver Jan 2.00 80c 1.35 1 32c Jan 14 -- 1.70 Mar 3.25 42c 1 „ Mar Dec 1.26 . Oils & Dec 45c « Sapphire Sep 1.35 • common _ Lawrence 8c 33c 1.35 1 . Consolidated Scythes 9 %c Jan 1 A Sarnia 9c 1.46 a common- Royal Bank San 83c 1 Roche Long Lac St 25,908 . — Mfg Robinson Rundle 1.08 tf A Oils Robertson Russell 95c 1 _ Rix-Athahasca Roy 8c _1 „ Textiles Raxana 180,750 99 %c Uranium Rowan 24c Utilities Renfrew Class 20c 18% 1.90 Westeel Winchester 22c 18% 1.90 1 Territories West Windward 1 Rexspar Rio Sep five MacDonald Reeves 40c 4.50 * common Consolidated Western 3,700 Sep lc new Winnipeg & Central Gas Winnipeg Electric pfd Petroleum Reef 50c 4.50 • Preferred 42 %c 75 • W' & Equipment Pyrites Weston 42 %c 24,83 4.50 1 Waterous 5.70 15% Mar Jan 15,500 15 4.50 1 Oils Jun 4%c 15 4.50 10 Violamac Mines Vulcan 4%c * Mfg class B_ Victoria & Grey Trust. Viceroy 2.85 3.55 70c . 81c * Ltd Ventures 40 21c held. Red Poplar Gold 10% Jan 1 Wiltsey-Coghlan each 5% 95c Uranium for new one 1,875 9,983 Mines Ltd— Being exchanged for Consolidated Ranwick 6.75 1.03 5,500 1 Uranium 6.10 95c Co— Inlet 6.25 Dec 1.00 changed to Kingsbear Brewery (1953) Ltd Ranwick July 12% Jan Name Rankin Apr 25 Oct 1 6c 1 59 Jan 10% • Feb 1.25 45 Mines Montauban Western Mines July 21% Upper Canada Mines 34 1 hi 885 Van Sep 1.70 * 282 99,100 34 i : 2,001 23% Dec 1.67 ' l _ 12% 57% 23% • Hill West Malartic * 12 57% 23% 50 Jan • Gold Dec May 4.85 Mar 1.60 l Mining 41c Sep 1.11 5'AC Nickel Corp Oct 2.60 15 6c — Ii Quebec 15c Feb Dec Quemont 16,745 Sep 61c Queenston 12% 3.70 25 ureferred preferred Keno 16c 16 %c 3.50 33 11 800 i l 6,333 16c 1 9% Mar Feb 50c 68c 25 * Oct 25% 425 51c 68c ; Jan 7% 1,295 410 Apr? Manitou 7 25 33 41,200 20 Meallurgical 10 9% 32 35,050 2,130 Quebec Nov 9 9% 13 25% Quebec 11% • 9 87c 16c 24% Quebec Mar 30c Sep l 93c 1.00 1.30 Mar Copper Corp Labrador Jan 76c 2.25 Quebec 17c '■■■■■.. 1...... class Oct 2.85 Jun 81c Sep l 10 %c 12% Dec Mines...... 2,600 76c 25c Mica 12c 12% 6,000 Purdv 11 %c • 5,400 Airways Feb l'2c _• 13,800 Prospectors 99c Oils 30c Dome Sep Steel 1.15 East 30c United 23c Preston 8,200 United 1.10 •' 37c United 1.15 • • 34c Jan Jan « 34c Feb 1.76 , Feb 4.00 Mar Jan Jun . Jan 46% Sep 2.15 Dec Gas 1.55 Dec 1.51 1.59 83c 1.1a & Sep 15% Dec 26% Border 42c 3,680 Dec 740 Oil 97,100 19 1.48 27 Prairie 15,127 58c 1.00 1.30 Premier 2.10 42c 700 1.15 Power 1.74 15% 3,380 26 % • 1.76 18'A 1.55 1.20 ~i Feb 1.05 42c 26% Gold-——— 1,825 Sep Sep • Rouyn Corp 1 31c _i Corp United 1 River Dec United Asbestos Feb Development Powell 31c 30c 14c _• Mining Nov Oils Powell Jan 13,432 • Aug Ponder 1 Dec 20c 510 31% « /• .... 65c Jan Placer Petroleum 31% Gas 36% 26c Oils May Sep Acceptance common Preferred Union Dec 11c 120 Union Apr 28c 28c Poplar 19 26 17 7Vic 30% 1.55 ' - Pontiac 15 Apr 6%c Sep l 210 l _ 75 17 7,/2c 31% 1.00 1.00 1 Nov • 4,700 95c 42c • Gold Pilch-Ore 1.25 Nov 31% Corp 10c 1 Mineral 14% Feb • * Class Oils Jun 28% Oil Nov 8.75 Jan 12 45 Line Jan 58c 1.70 565 Petroleum 34 20 Jun 50c Pipe Trend Union 34 __i 81c « Transcontinental Resources 28c 30 *4 c <■ . ___ 11,700 • Oil Apr 12 %c Sep 105'/2 Mar 1.50 14% 0 Jun 6% Dec 5.00 Apr 51c 31% ___i 22c Jan l — 24c Oct 14'/8 common 29c 3%c Jan 7,200 Jan 16c 31% Trans Empire Oils Trans Era Oils 162,700 11c 100 30 Vic Mar 17c 5,200 1.38 1.50 Warrants 1.11 64 High 15c 27c 13% Mar 54c 7 %c Gas Gold Peruvian Works Dec 6c 4.00 Sep Low 14c * Exploration Finance class A Jun 10c 4.50 Jan Range Since Jan. 1 High 20 Trusts 30c 7c i Petroleums Pershcourt Iron 1 —, General Toronto Tungsten People's Credit Sec Perron Toronto Jan 4.75 65c 12c „ Paymaster Consol Penman's Elevators Jun 77c 4,700 1 Partanen Malartic River Mines 17,400 , 38c „___i : ... Drilling Peace 34c 3,500 , 62c /: 70c 35c lOc Paramaque Mines Parbec Mines Pathfinder Oct Silver Shares 27c __ • Towagmac Navigation liershey Parker Dec 2.65 3,825 31c Sep for Week Low * —* ; Sales Range Par Jan 1.08 Orange Crush High 2.20 %c • Week's ef Prices Last , Sale Price Dec 99c ; U Range Since Jan. 1 High 21% ; DECEMBER Friday Shares 72c 75c MARKETS ENDED for Week Low • WEEK Sales of Prices Sale Price FOR ' 0 B Class • Ltd Simpsons 1 Gold Siscoe Mines * class Brock Stanley Stanwell Stedman 3lc Oct 2,500 12c Sep 1,640 27c Dec 920 ' 17% May 21% Dec 147 42 % 6% 3,950 36 43 * * Steel . Utilities 6% 55 6 Sep 7% Jan 96c 6,244 88c Sep 1.85i Feb Loblaw 10c 12c J 5,200 10c Dec 34c -19) 18 19% 16% Jan 20% Mar Ogilvie Flour 3i: 30% 31% 1,997 28 Sep 33 Aug Pato 13c 12y«C 14c 31,000 15c Feb * Langley's preferred 90c 1 • « Mining 33% 15c 15c Feb 15% Dec 12% May 15% 15% 40 53% 52 53% 1,725 47% Jun 58 Nov 29 30 1,688 24% Aug 30 Dec 5'A 5'/a 5% 1,046 <«•«. 4.90 Dec Dec Oct Interprov 94c • 15c 29% * 7% Utilities International 1 __ Canada of Steeloy 21% 42 42% 0 _ Ltd Gold Bros Steel 21% 21 %i 4,836 Feb 1 A Gas & OH Olsen i • Preferred Starratt " • (1944) Paving common L—.' Standard i _• Ltd Spooner Oils Stadacona • 12 y8 280 3%c Jan Jan 80 Nov 80 80 80 63 • 34% 34% 350 27 Oct 38 Jan 31 Nov 33 Aug 28 28% 2,755 24 32 32 25 30 Jun 3.40 3,225 —.—8 28% 1 — .... 3.40 1 4.10 4.25 900 —• - Sep Feb • common — Oreille Jan 100 Inc Minnesota & Ontario Paper Pend 3.80 33 33% 2,505 33 3.15 3.70 28 . Nov Sep 4.00 Oct 6.50 Jan Mar Apr 34 Oct 5.25 Apr Price —1 Steep Rock Iron Mines Stovel Sudbury Contact Sullivan Cons bupertest Preferred _ Sep 2.75 200 2.75 Dec j 123,700 1.94 4,185 15% 16% 1,325 101 15% ... 5.80 17c 21 %c 1.35 • 13,508 1.85 19c 1 6.95 2.75 ; ___1 . 101 13c 1.84 Feb Nov 13 20 Jan 9.75i Feb _ _ _ 4.55 4.55 1,355 23% 23% 100 13% Jan 23%, Oct 49c 52c 24,600 47 %c Nov 69c Stores 2 87c Yukon Consolidated 1 July Dec 97% Jan 15c 15c 16c 19,000 6c Jan 20c Oct —25c 30c 30c 33c 85,000 30c 90c 1.80 1.85 3,700 1.10, 1.10 1.14 7,360 1.10i Sep FOOTNOTES FOR OUT-OF-TOWN AND Jan 1.85 Aug 1.55 Sep _ Gold 1Q1 102 Jun 2.05 Jun • a Odd lot sale • River Tamblyn Ltd common Taylor Pearson common TRylor, Pearson 5% preferred—_ Teck-Hughes Gold Mines . 5ci 4c 5c _ 10 1 8%| r 1.93; 4c 8,000 35% • 36 8% 8% 315 10% 11 350 1.93 1.99 5,711 - 266 - — Dec 30% Jun 38%: Mar Jan 10 Jan Oct 11 Dec 8 10% 1.80 Oct 10c in Feb 2.25 May (not Included In (Un) Admitted to unlisted privileges. year's range). 1.46 Jan e delivery sale (not Included year's range). Selling ex-inter*st. fFlat rCash sale wdWhen delivered. wl When issued, Ex-dividend, x u price. (not Included In year's range). CANADIAN MARKETS Ex-llquidatlng dividend. t No par value. d Deferred Taku __ 4.40 2.92 Jan 16% 1 _ Canadian General Investment—* Thrift • - Bros Third 4.00 Aug .—50c —100 _ Oils Ltd- Industries Sylvanite — _ _ Mines—_—: — Grass Swltson -10 (ordinary) Surf Inlet Sweet _L_ preferred Press 6.75 6.85 s Ex-rlghts. Ex-stock dividend. trading July 47 Chrorvrtle The Commercial and Financial (2344) 48 .. Monday, December 14, 1953 . *»1 OVER-THE-COUNTER SECURITIES Quotation for Friday, December Obligations of Governmeni Agencies Investing Companies Bid Par Mutual Funds— Johnston Inc—1 1.01 5.31 4.25 12.58 Axe-Houghton Fund "A" Inc—l Axe-Houghton Fund "B" Inc—5 Axe-Houghton Stock Fund Inc-1 9.36 18.11 3.03 10.12 19.68 ^ 31 B-2 (Medium B-3 (Low K-2 1% 9.46 20.93 8% 2% 10.28 22.51 23.41 25.31 1.25 Affiliated Fund Inc American Business Shares American Mutual Fund 1 Fund - Net Bullock Fund Ltd Canada Fund Inc Trust General Fund Canadian Century Shares Chemical Fund 21.60 23.07 8.55 9.26 11.01 1 1 Inc S-l (High-Grade (Income Stocks)—1 17.12 15.67 (Low Stks)_l 6.19 Net 5.65 • 36.64 36.64 lc 3.58 3.95 (Net Asset Value; Managed General 7.350 6.63 7.21 —1 15.47 16.81 12.38 13.46 Manhattan —1 12.03 13.01 Massachusetts 28 30 9.91 —1 10.01 37.40 37.78 17.11 5.22 5.72 7.20 6.53 1.84 7.89 7.16 1 10.11 10.99 common 2.02 31.16 23.98 Equity F/und Inc 20c Fidelity Fund Inc 5 Financial Industrial Fund Inc_l 33.32 25.64 5.01 17.34 Fund Fund 2.41 38'/a —10 First Boston Corp 8.21 Founders Mutual Fund—, • Franklin Custodian Funds Inc— Preferred stock series lo Common stock series —lc 6.37 6.29 19.04 1.90 —1 Inc 2.65 40'/a 8.92 6.98 6.89 20.87 2.07 1 1 1 20.77 65.43 5.40 1 5.87 6.96 lc Capital Corp_ General Investors Trust 19.21 60.85 lc Industries Fund Inc— General 9.65 7.63 10.57 shares Automobile shares Aviation lc Building shares—: Chemical shares lc 9.01 8.41 4.75 lc Equip shares shares Food 9.86 9.00 -lc 5.17 Common (The) Stock Fund.lc Electrical 4.53 7.72 8.46 > 9.87 , 9.22 5.22 5.68 1 16.93 1 14.59 15.07 12.33 Net 10.15 value asset interest beneficial Nation Wide 9.25 6.11 9.64 6.70 7.28 lc 7.99 8.76 lc 5.62 6.17 .-lc 6.67 7.27 Merchandising shares shares Petroleum shares shares lc 2.74 3.02 Equipment shares lc 4.08 4.48 shares lc 7.55 8.28 lc 6.80 7.46 lc 4.01 shares Steel Tobacco shares -lc Companies Inc Industry Shares Growth 7.30 8.00 1 10.60 11.59 Inc—1 shares Utility Growth 1 25.82 11.72 26.59 Guardian Mutual Fund Inc Hudson Fund Inc 1 11.94 12.91 —— 12.08 Foundation Fund Inc-lOc Incorporated Institutional Shares 1.86 2.03 1 10.36 11.20 Funtf-lc 13.55 14.82 87c 96c Investors Growth Institutional Bank Institutional Ins Fund—lc Fund lc 1.18 1.29 Growth Rate 1- 4-54 bl.85 1.40% 2.90% Resources 1-54 bl.90 1.55% 2.70% 10- 1-53 6- 1-54 b2.15 3- 1-54 bl.95 1.65% 2.35% 11- 2-53 8- 2-54 b2.20 2.00% 4- 1-54 b2.05 1.75% 2.25% 12- 1-53 9- 1-54 b2.25 2.10% 9.21 10.07 6.61 of 8.12 4.58 5.01 United States Treasury 3.72 3.40 5.53 Inc.-lc 3.94 4.32 Canada Bid Dec. 10. 18.07 17, Pacific Amer Investors com—10c 5.45 preferred Petroleum & Trading 26 25 14.45 14.75 2.50 17.82 18.00 28.07 bl.25 0.90% Feb. 4, 1954-1 bl.62 1.54% bl.25 0.95% Feb. 11, 1954 bl.62 1.54% 1953 1.10% Feb. 18, 1954— 25, 1954 bl.62 bl 62 1.56% bl.64 1.60% - 14.36 14.36 2 Va 12.90 13.95 of Boston—1 26.27 8.02 7, 1954 1.32% Feb. 14, 1954 bl.52 1.42% March Jan. 21, 1954 bl.54 Fund— Fund inc (net Shares Amer Shareholders Bank & Trust & Clark— Stock-Fund Common Selected value) asset Scudder, Stevens Trust 1 Street Investment Corp . ■ • • ' . Television-Electronics Fund of Fund Bank of New York ioo __ 45% —10 46% 48% 25 44% 47 Trust-—10 6% 7 __ 14.79 Commercial State Bk\ & 5.15 5.63 Continental Bank & Tr 6.49 5.97 4.35 4.75 1 12.06 13.11 Fund I 5.78 6.32 Inc. 1 5.99 6.55 1 4.57 4.99 Van Strum & Towne Fund Inc_l 8.07 8.79 United Continental Fund 1 United Income Fund United Science Shares (White Empire Value Line Fund Income Inc 1 14.33 14.62 1 9.77 Fund Wiscohsin Investment Unit* Type 19.99 1 Inc Co 12.59 North 190 16 50 51 (2 10 36 37 (A the 10 43 45 25 37% 38% 38 Square 100 X382 48 51 65% 97 21.80 Industrial Bank of Commerce.10 31 Los 33 20.37 Irving Trust 4.40 Trust (The) 21 63% 11.10 9.77 2.12 2.43 100 Brook National of Freeport _* —i. Series 1955 1 5.74 New Series 1956 1 2.71 Public Nat'l York .—20 Trust. Bank 25 Trade Bank & St. 53 % 51% X4% 10 Trust Co ... 10 100 lo 134 —10 138 55 57 Insurance Co of North Amer—10 77(4 79 % lo 86% 89% Jersey Insurance 34% 37% Agricultural Insurance Co 10 10 29% 36 (A 31 '4 38 'A Lincoln National Life American Alliance — Co of NY lo 28 26% Mercantile 130 125 18% St. 295 285 10 Maryland Casualty common $2.10 prior preferred 1 184 179 27(4 Louis National 7l' & 90 53% 56% Union 25 49 52 25 60 63 20 63 % Co Trust. & Trust—20. 100 155 67% 60 Trust Bank Bank & 30 27 165 Francisco San Trust-.33 y3 39 53% 74 87 Illinois Bank 37 & Trust_20 Bank Trust Grove United Continental 73 y2 49% Bank—20 Mutual Bank & Trust 20 Tower City Nat'l Bank and Trust.—25 71% —17 National Manufacturers Chicago Insurance Co 45 Bank—20 Nat'l Exchange First National Bank Ask 40 Bank_20 National States Boatmen's 5 United States Trust Bid 46 Louis Amer 114 111 2 —25 —12Va Bank- National United 51 . 38 344 44 270 49% State Bank of Albany Sterling National 5 329 Portland '32 29 "4 262 Trust. 17 (A & Rye National Bank Par ^ Peoples 1st Nat Bank & Tr—20 1,690 First 20 100 City Bank 12.59 1,650 Bank —_ Morgan (J P) & Co Inc 17.04 Companies 100 Nat'l Bank & Tr Mellon 65% National Shares— 120 Pittsburgh 23% -20 117 Security-First National— —25 24% 23 10 . ...10 11.52 Aetna Commerce Angeles 67% Kings County Trust Long Island Trust 16.66 Aetna Life of First National Bank 100 4.07 1 Home 205 City Jersey 394 __10 NY 20 Guaranty Meadow Ask Bank National Bank of Detroit Bank City of N Y Bank City Bank Detroit 25% 36 Manufacturers Trust Co 11.58 31 50 Franklin National Bank— Franklin National 32% 20 National 127 23% ...10 1.884 2.50 Trust 122 Trust-..10 20 Trusts- E Amer of National 430 75 Co Diversified Trustee Shares— Series 72 10 . & 395 415 Co Cleveland Central 62% 16 Y) Fiduciary Trust Hanover Fund Whitehall 61 Bank Washington Mutual Investors Trust Bank 380 100 Trust 10.48 1 1 Wall Street Investing Corp N Federation First Value Line Fund Trust & Union Plains 263 Cleveland Trust Co County Trust Co 1 common 270 100 Bank 47 »A 13.57 Fund Harris Ask — Savings Bk—100 National Northern 53 ...15 Bid Par First 8 384 372 10 1 Accumulative 39 7 51% Bankers Trust Chemical Bank & Trust Inc Companies Ask 38% Co __10 Corn Exchange Bank & Trust_20 New 1954 Chicago— (Cont.) Manhattan the 1 Inc Bid Par , York- New Bank ' . Chase National Bank United 4, Stevens & Clark Scudder, Texas 1.54% 1.44% 28.40 8.78 Jan. bl.25 bl.42 28.07 1 1.52% 19.40 • bl.60 19.37 1 Ask 1954 28, 1953 31, 32 1 Inc Inc (Geo) 1953- 0.90% Jan. 5.95 24 (4 —5 5 — Bid bl.35 - Jan. Dec. 24, 2.83 17.30 1953 Bills Ask Dec. Dec. 2.63 1 Fund 1.95% 7.22 7.43 lc Fund 1.95% b2.15 2- 11.46 England Fund Pioneer 3-54 1-53 5.06 Fund Inc Street Ask Bid Due 5- 3-53 1-53 10.49 — Fund Natural Pine Dated 8- 1-53 1 Series Resources New Du« 7- 1 — Stock Ask 1-53 Dated Boston—1 Bid 97.12 9- 1 Speculative Series Stock Series America——1 Par 97.28 97.4 1958 5- 1 Series Income Bid 4- Investors Management Fund,—1 Aetna Casualty & Surety 98.24 97.20 - 3.00% 1 Independence Trust Shares Insurance 1, 99 98.16 - 1958 1, 2.75% 1 Series Stock Preferred 16.63 Trust of 99.24 98.24 1957 1, o Series Bond 15.21 Investment April 1, 1957 April 99.4 102.20 1 Series—• Balanced Series Institutional Found Fund—lc Investment Co of 1955 98.28 16.39 Ltd—• Institutional 1 'As 99.12 99.4 102.16 - 2.50% Wellington Fund Income April 1, 1956 l'As Oct. 1, 1956 2%s March 15, 1957 12.66 4.41 Bond l'As 11.71 67.00 6.64 15; . X15.27 23.07 stock l'As Oct. 1955 1 Corp 63.50 Railroad 100.11 99.26 15, 1 Investors 22.84 —lc 1954 Ask 99.29 Notes—(Cont.) Dec. Federal Intermediate Credit Bank Oebenlures Hat* Securities— Fund Balanced • RR iy2s l%s 2.30% Of Stein Roe & Farnham Fund—1 Railroad iy2s March 11.03 Inc State shares_lc 15, Dec. Corp— Sovereign Investors Mining 100.3 100.9 1954 Bid 99.27 Maturity— Ask 100.11 100.9 100.21 100.27 100.30 lJ/2s Oct. 15, March 12.33 1 Fund 8.30 shares—lc 113% 112 16.56 1 Inc Boston Invest Shares 9.54 Bond 1961 15.86 1 Mutual Fund of 9.25 Investing Company Priced shares Canal 3s 96.24 100.4 31.34 7.57 Low 99.30 13.30 29.15 8.44 Institutional 96.16 1958 Fund— Life 8.71 shares—lc shares bond 1957-55 1, 100.1 1954 15, Sept. l%s 21.09 19.51 lc administered Fully 2%s 1%S Industrial Machinery shares_lc General 1, May Panama Treasury Notes— Trust— interest—_1 Mutual Putnam Securities— Group 5.03 4.11 beneficial interest—• $1.50 Gas 4.57 Inc of Natural Fundamental Investors Inc—-2 Futures 5.19 18.75 i 1%S Oct. Investors Growth Stock National Security —1 1 Stock lc lc Inc— 10c Fund Investors Massachusetts National Howard- 100.10 Treasury 15, 1954 2%s Aug. Mutual Trust Shares — Dreyfus Fund Inc & 5.52 Mutual 15.57 > 100.18 100.2 Bid of Indebtedness— 15, 1954 2y2s March 22, 1954 2%s June 1, 1954 3.80 5.01 — Bond beneficial of Units 1 1 — shares Fund Inc— 100.14 100.9 100.7 100.19 100.25 100.28 Maturity— 3.31 3.45 lc — shares Petroleum Ctfs 3.00 lc Metals Paper shares 1 Steel shares—lc Industries Non-Ferrous 139 * 1955 1956 Figures after decimal point represent one or more 32nds of a point Funds— Automobile shares 2%s Feb. 134 100.4 1, 2%s 100.8 100.10 Certificates 7.150 99.30 Feb. May 1, U. S. Certificates of Indebtedness & Noles 2.97 100 1955-54 2%s 2%s 100.4 100 100.2 100.4 1, 1954 1, 1954 1, 100.14 100.3 10.33 4.86 1 Diversified Investment Fund.l Dividend Shares 25c Balanced Feb Bonds— 1954 6.19 9.45 4.41 stock—1 Eaton 2%s 100.7 100.9 100.8 100.11 100 100 3/64 Bank 1, 6.76 1 25c Loomls Sayles Mutual Fund— 2.69 Diversified Growth Stock Fund Com Equipment shares_lc Funds Inc— Diversified Priced Lexington Trust Fund Business value value Fund Com Electrical Equipment shares.lc Inc— asset Delaware Nov. 17.10 S-4 Feb, - «%s June 1, 1954 18.68 (Speculative Com Stki__l 100.5 - 1954 15, 2%s June 18.04 Mutual Fund- Inc— Diversified 2%s 37.43 34.32 S-2 Mass De Vegh 25.66 21.62 — asset 18.52 23.52 1 15, 1954 2.10s May 17, 1954 Central Bank for Cooperatives— 16.69 Vegh Income Fund Net 11.34 16.97 Stksi_l Com. Stkj.l 1 Consolidated Investment Trust-l De 10.39 Stocks)-—1 Bondsi Pfd (Speculative Pfd March 15 Land 2 (2S 100.7 1954 Feb. 27/aS April 20.00 Fund Fund Concord 19.61 2.75s 26.44 17.98 2.75s 27.49 24.24 (Discount (Income 1 Inc 26.34 1 S-3 12.01 Composite Bond & Stock Fund 1 Bondsi Ask Bid Federal Banks— Loan Home 1 preferred Commonwealth Investment Composite Federal 1 com—_10o Securities Christiana 8.90 23.35 25.28 8.23 5 —1 Corp Invest Street B-4 Ask 30.62 Grade Bonds)_l Priced Knickerbocker Fund 10c value-.,—; asset Broad 8 Corp Figures after decimal point represent one or more 32nds of a point Bid X30.02 1 Inc Keystone Custodian Funds— B-l (Investment Bonds) K-l -1 Blair Holdings Corp— —1 Blue Ridge Mutual Fund Inc__l Bond Inv Tr of America .* Boston Fund Inc 1 Bowling Green Fund Inc— Beneficial Ask Mutual (The) 92c 4.90 3.98 11.58 ___25c Aberdeen Fund Bid Par Mutual Funds— Ask li Bank of Amer N T & S A„6.25 32% 34% 28% American Automobile 4 48 50 American Equitable 5 28'A 30(2 Massachusetts Bonding 5 24% 25 % American Fidelity & Casualty_5 21% 23 (A Merchant Five Assurance 5 43% 45% Amer Co 26 27% Ins Assur (Newark N J)__2,/2 Re-Insurance American American Boston Insurance Camden Co National Fire 34V* 22% 10 210 National Fire Casualty 3634 New Hampshire Fire 24V2 New York 215 Fire Pederal Fidelity & Deposit of Md Assn of Philadelphia Firemen's 9334 97'A Northeastern 45(4 47(4 Northern • 51% 53(4 Pacific Fire 10 50% 53(4 Pacific Indemnity 32 33(4 Peerless 10 94 45(4 47 (A Commonwealth Edison 3s/aS_1983 22 29% Co Casualty Co 8% Illinois 1933 103% 103 (2 Long Island Lighting 3%s__ 1983 Monogahela Power 3%s 1983 100% 100% 103% 104 103% 65% 68% 5 18(4 19% 9% & Rutgers Fire-- American old common (Jacksonville, Fla.)_2(4 Fire Hartford Fire Steamboller lo 40(4 Republic 61% 16(4 St- 15 32 (4 34(4 Security 41'*.r 43 Springfield Fire & Marine 33(4 Standard 21 22(4 4034 Travelers 38% .10 " 168 lo 47 173 49 Paul (Texas) Fire & Marine Seaboard Surety Co (New Haven) Accident 102 Northern 10 12(4 35 37 10 40 V2 43 —10 34(2 10 Power 4s__1983 Natural Gas 3%s_1973 101 49(4 U s Fidelitv Fire' & Guaranty Co—2 — Westchester Fire 2 25 ' Rockland Lgt & & * 5.65% pfd-100 102 100 99 1983 100% 100 preferred Elec Serv Texas Power & 100% 103% 104% 70% 26 y2 FOR 100% Gas Transmission— Texas value. ' \ b Bid yield price. * " k admitted to listing on the New York Stock Exchange. 103 Power— preferred 100 101 101% Pow 3%s__1983 FOOTNOTES 51% -40 38 4s Elec 3%s %' 800 68% Service 50 (/a , 780 ——3 Finance Gas Nat England Tenn k._ —1959 Gas— Paso 4.60% $4.84 $4.64 pfd • 105% OVER-THErCOUNTER ISSUES t New stock, •No par x ■ ~ 103 % Lgt— preferred 36% 48(2 10 —100 Pacific Public 49 " U 8 102 Stocks- New 5.85% 32 5 common—5 3'As States Mountain 8% Globe Power El 2 59% 104% 104% 10 Reinsurance Corp x38(4 103% 101% 101% 59 Vs 29% Great 1973 .1973 4s 3%s 7% 27% • 101% 104 104 General Motors Corp 3%s—1979 Ask 103(4 .1973 85 98 (N Y) Bid Bonds—(Cont.) 104% 103% Power 57 (2 10 10 5 104 1983 Florida 12.50 10 10 103% 3.33(4 Providence-Washington _5 & 104 23% 27% Phoenix Corp 1983 .10 74(4 u 3saS Col 65(4 27(4 Republic Sou Ohio Elec 48 V4 Security Issues Ask Bid Bonds- 46(4 99 Falls Hartford 43 V4 72(4 26(4 Recent 97/a 78 63(4 Globe & Hanover 9 76 41 (4 10 Fund General Reinsurance Gulf Life 51 (San Fran)—10 of Newark 5 Fire Firemen's 10 48 2 2.50 4 Co 5 5 North River 10 Casualty Group Assoc Employers Reinsurance 4 10 Union New Amsterdam 54 (A 5 Life Employees New Merchants & Manufacturers 60 88% 5 Fire Crum & Foreter Inc Glens 41'A 84'A 10 Connecticut General Continental 39% 58 10 Bankers & Shippers 10 25 Surety Automobile 10 Ex-dividend. wi When issued. y Ex-rights. - •„ — 1 \ Volume 178 Number 5281 . . The Commercial and Financial Chronicle . THE Bank with clearings this week show a year COURSE increase compared an Preliminary figures compiled ago. based upon telegraphic 12, clearings from all cities from which Our year. ended the this center there is Saturday, United States clearings will for the corresponding week last preliminary ^gainst $17,751,067,687 11.0%. of it is possible to obtain weekly %e 3.2% above those us, advices from the chief cities of the country, indicate that for the week Dec. by totals stand for the at $18,325,282,516 week same in 1952. At gain for the week ended Friday of a Our comparative summary for the week follows: CLEARINGS—RETURNS !• Week Ending Dec. 12— 915,573,314 l,026!ooo|o00 1,132,000,000 524,542,597 539,157,403 313,373,128 353,390.258 Kansas City St. Louis ___ 321,900,000 Francisco Complete and exact details for the week covered by will appear in our issue of next week. We cannot furnish them today, inasmuch as the week ends cities according to the Federal Reserve Districts in which Saturday, and the Saturday figures are not available at time of going to press. Accordingly, in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below we are able to give the final and complete results for the week previous — the week registered 263 in the five cities, all cities, a11 five for York 418,590,737 of 5.7 + ■ Exchange and the 11 is appended. months of The 1953 and 1952 $53,033,600 Bank- 1953 1952 318,692,649 297,289,582 $620,637,200 $613,805,100 $71,607,700 89,000 67,000 936,000 6,341,300 85,051,940 26,000 43,000 149,050 $78,042,000 $706,668,140 $686,834,140 The volume of transactions in share properties on the JNew York Stock Exchange for the 11 months of 1950 to 1953 is indicated in the following: !' 1953 1952 1951 1950 c Number of Shares 34,086,902 1st 37,141,073 70,180,730 42.576,115 9,282,302,371 9,997,515,526 1,244,253,759 1,263,156,675 1.5 1,117,526,734 1,276,128,259 1,237,375,272 + 3.1 1,032,586,623 1,109,00!,409 1,058,936,230 631,968,015 + 3.2 561,497,348 — 717,692,94-4 1,127.831,694 9.6 614,941,081 547.904.65T + 3.5 483,390,605 428,826,023 + 4.3 616,533,374 533,704,650 + 9.8 412,982,581 4.1 1,017,754,963 362,076,536 863,031,220 4.7 17,851,157,125 17,842,136,256 1.3 8,890,382,389 8,124,403.306 905,609,452 1,251,566,018 + 5.4 663.308,698 605,030,297 + 518,555,472 500,789,926 601,280,468 576,496,467 450,484,297 410,224,829 1,052,234,801 1,097,215,290 20,631,170,037 19,714,921,263 9,564,191,294 44 li 44 44 506,836,054k 864,551,542 1,171,305,382 0.9 897,824,395 1,319.336,013 9,441,546,517 cities We also furnish today, a summary — — •A increase for the entire body York Boston 12 " 39,069,173,978 3rd Philadelphia 16 " 4,746,904,812 Cleveland 17 " 5,170,888,989 5th Richmond 8 " 6th Atlanta 16 •• 2,636,905,644 4,138,336,927 7th Chicago 31 " 7,837,444,349 7 " -16 15 " " 8th St. Minneapolis City Louis —_ 10th Kansas — 11th 35,625,302 40,411,025 12th San Francisco 93,849,231 147,039,909 48,244,665 25,766,988 41,604,044 26,075,090 23,585,782 25,515,558 38,456,890 -June 27,402,150 86,212,314 78,064,270 100,148,774 135,495,807 2,883,087,476 3t,944.177,139 4,770,938,634k 4,337,940,80? 2,903,792,048 35,569,896,218 + 12.9 + 1.5 4,908,553,869 + 11.6 4,835,469,194 + 8.4 2,495,722,083 3,784,313,403 + 9.4 3,785,190,751 + 6.8 2,784,706,134 7,339,665,465 2,577,772,000 + 8.0 7,135,223,880 2,585,160,711 2,219,918,935 3,160,185,805 1,995,209,864 3,091,874,367 + 11.3 2,211,400,237 + 2.2 3,298,158,942 0.4 3,161,709,030 2,278,337,146 3,513,809,181 6,967,043,823 2,671,086,345 2,123,804,75a 3,078,465,166 2,793,885,851. " 3,259,937,578 3,248,301,446 + 19 " 4,439,581,557 4,260,526,282 + 4.2 4,615,501,887 3,976,770.43S 82,517,069,252 75,509,306,992 + 9.3 77,5051778,850 "74,3391346,751 44,981,901,799 42,268,299,076 + 6.4 43,348,888,670 45,647,098 fc $ $ 1 7.2 + 11 Dallas 116,393,392 34,289,734 % Dec. $ 2,847,919,108 34,619,724,664 4,676,662,391 4,635,488,800 2,431,849,202 1950 1951 Inc. or 1952 4th 2nd New York 29,512,893 28,962,930 in the San Francisco Reserve District of 4.2%. $ 3,053,084,544 14 Cities increase of 6.8%, the St. Louis Reserve an gain of 2.2%, in the Dallas Reserve District of 0.4% and 1953 i The Chicago Reserve In the Kansas City Reserve District there is a 11.3%. improvement Federal Reserve Districts 1st enjoys larger by 11.6%, by 8.4% and in the At¬ District by 9.4%. District of 8.0% and the Minneapolis Reserve District of. In the New Month of November— Reserve District $82,517,069,- 12.9%, in the Boston Reserve District of 7.2% and in the Philadelphia Reserve District of 1.5%. In the Cleve- 33,406,252 34,370,236 lanta of 41,233,877 106,768,419 an Richmond Reserve District the of clearing houses of 9.3%, District the totals show Reserve — land Reserve District the totals are of the clearings for For that month there was an the month of November. 27,195,265 >April May 2nd Quarter Months 6 192,980,733 171,913,501 22,233,978 27,988,591 33,641,623 24,135,228 36,394,904 73,299,113 69,155,630 98,025,118 121,615,584 266,279^846 24l7o697l31 345,213,801 373,504,783 42,530,542 48,389,813 September 3rd Quarter ii 9 Months jOctober 25,728,472 November The 26,684,331 of bank course month of 247,188,683 251,889,199 25,981,175 30,239,276 25,676,879 43,055,469 the and 11 months CLEARINGS 1953 New York— : LEADING IN Month of November omitted) Chicago 1952 1951 CITIES IN 1953 1951 12 3rd Philadelphia + 53,691,559,319 53,925,017,825 58,277,134,050 45.357,574,157 53,247,048,595 27,359,680,705 42,697,253,194 90,275,321,387 81,944,854,798 _ 8 — 6th Atlanta 7 Louis St, 16 _ — 15 City 11 19 12th San Francisco 53,693,309,188 6.8 52,377,225.035 26.388,227,760 + 6.2 39,872,590,420 + 10.2 80,436,735,692 7.1 27,077,111,009 + 4.0 22,121.323,903 19,808,667,989 + 0.5 34,936,309,606 + 4.9 32,489,104,870 30,817,887,11* 28,111,435,199 50,266,933,552 27,368,955,299 22,220,842,941 35,578,110,578 35,270,262,188 48,863,656,316 + + 2.9 48,710,479,550 41,125,672,484k 926,884,488,028 892,424,817,276 + 3.9 854,873,188,400 770,080,611,75* 475,624,547,606 + 5.7 464,674,155,562 409,529,813,20» 44 44 29,324,513,068 44 23,108,181,556 14 35,748.519,242 44 36.992,509,049 44 .182 Cities 1950 37,53'5 33.241 34,156 33,599 424,118 416,800 390,199 360.550 3,501 3,641 3,659 43,783 40,715 41,068 36,926 2,490 2,343 2,422 2.413 27,118 25,874 .25.949 Philadelphia 4,478 4,442 4,660 4,534 50,649 51,161 50,871 1,291 1.281 1,365 15,713 14,513 14,694 13.594 1,578 1,489 1,590 1,384- 18,172 17,300 16,922 2.019 2,366 1,933 24,786 24,166 25,006 19,865 1.254 1,125 1,149 1,073 14,053 12,92/5 12,510 11,095 City 15,167 2,205 York 46,634 1,460 New —. 34,581,384,549 70,951,794,714k 24,994,944,250 23.081 St. Outside 49,185,502,459 45,166,230,229 23,268,639.789 0.4 9.4 2.9,230.118,022 4t 31 Minneapolis 27,845,357,841 374,223,095,140 + 44 44 16 7th Chicago 8th $ 2.0 31,151.249,322 405,619,522,045 5.8 + f —17 ___ _ 11th Dallas 3.823 Boston — _ __ Louis Pittsburgh. IjSan Fran._ ! Baltimore _ i Cincinnati S ; . 1,018 872 914 898 11,389 10,220 10,148 'Kansas City 1,429 1,397 1,506 1,473 16,712 16.765 16,468 1,971 1,742 1,826 1.582 22.04(0 19.942 19,762 15,954 compilation _ 1.427 Minneapolis liNew 1.279 1,415 1,369 14.974 14.449 14,524 12,852 693 615 664 626 7,559 7,175 6,786 6,258 2,499 2,449 2,138 2.024 29,485 25,579 24.451 l Louisville... 717 662 642 612 7,766 7.159 6,875 Omaha 672 679 735 639 7,126 7.280 7.297 152 136 128 143 1.614 1.447 1,439 4,485 4,031 3.399 Total 1st quarter 'St. 428 Denver | 510 Indianapolis — 330 449 452 428 5,637 5,146 4,958 470 521 503 5,645 5.259 5J.35 6.569 6,449 6,394 3.032 2,968 + 3.9 136.113,211,924 3.2 Dec 46,252,211,948 + 44,432,006,061 47,176:363,800 ). . 285 272 274 712 740 657 585 8.274 w + 0.7 + 128,685,612,831 + ' 3.4k + 13.51 + 5.31 7.5* 42.887,008,323 + 42.019,506,016 4" 5.7 43,522,772,865 + 8.4k 7.4k 79,128,486,830 + 3.8 84,546,100,827 + 5.1 246,504,464,969 + 4.0 137,860,582,709 128,429,287,204 + 256,439,221,959 273,973,794,633 257,114,900,035 + 6.0 47.087,998,082 43,351,099,948 + 8.0 N 2,771 301 772 ; Richmond- + 10.4 46,750,319,045 48,766,497,266 88,893,269,435 June 5.442 3,284 562 597 _ 0.7 Inc. Ok- 40,302,824,282 45,211,299,730 43,171,488,819 4,714 559 $ 40,596,395,613 — 82.829,877,312 , 82,103.610,978 4,2.59 546 Paul— : 356 367 85,442.341,546 1952 $ 1.7 + 241.313,025,637 74,495 597,870 1.357 4.895 90.455,281,857 February March Outside New York 1953 Dec. % 84,371,452,420 74,986,363,042 81,955,210,175 250,783.025,430 January oieanngs — Inc. or s $ 6,145 [ Providence. | :Milwaukee_ j Buffalo CLEARINGS Clearings, Total All 1952 85,832,145,703 6,274 i the clearings since January 1, 1953 and 1952: MONTHLY 20.808 Orl'ns Detroit covers 1953 Months— 15,195 Cleveland O The following 9,029 > 31,346,354,450 432,602,780,387 $ % 502,766,058,770 Richmond Kansas 33,162,409,496 441,449,715,130 44 16 __ Cleveland 5th 9th NOVEMBER 1952 Boston 2nd New York 10th Jan. 1 to Nov. 30 — 1950 1st + 1950 1951 Inc. or Dec. with ended 1952 14 cities Eleven Months* Eleven Months Eleven Months 1953 40,739,848,8441 months for four yeaeg: another table showing clearings by Federal Reserve Districts in the 11 Reserve Districts Federal 4th clearings at leading cities for the November (000,000 York City—. Eleven Months November in each of the four years is shown below: BANK New We append 38,594,354 J August •; Outside 182 cities _ 38,472,675 27,172,196 Total 44,548,555 23,892,939 24,115,424 20,904,978 July i ' 6.5 York City. New 42,472^257 Quarter + 44 111 Outside 30,209,260 March $ $ 10,499,195,885 4# 4 9th .. Month .January 'February U 588,779,259* 41 7 72,017,990 $59,621,600 % 652,041,798 10 862,000 6,499,000 bonds 1950 1951 or 675,784,521 the 1953 aggregate of clearings having been 252 and the 1952 aggregate $75,509,306,992. —Eleven Months- 30,239,276 26,684,331 Dec. 5.1 <i 17 . 4.0 3.2 Inc. $ + fi 6 + 1952 11,182,064,271 10 7th Chicago 8th St. Louis 4.4 — + U.S. Government 'C larger by 4.3% and in the Dallas Re¬ are District by 9.8%, but in the San Francisco Reserve District the totals are smaller by 4.1%. serve 736,293,137 C« 11 Philadelphia 5.2 + 715,520,622 743,969,502 1953 shs._ govt Total trict the totals 3.2 -Month of November- & misc. Internat'l 3rd 7.0 — Bonds— J a an District of 3.5%. serve l< 11 York 2nd New fi + Stock November Stocks— Foreign loss of 0.9%. The Chicago** improvement of 5.4%, the St. and the Minneapolis Re¬ In the Kansas City Reserve Dis¬ Reserve District shows Louis Reserve District of 9.6% $ 7 $18,325,282,516 $17,751,067,687 week_____ Description Railroad In the Cleve¬ gain of 3.1% and in the Reserve District of 3.2%, but in the Atlanta a 773,657,806 Boston 0.5 1952 follow: Number decrease of 1.5%. District there is Reserve 1953 Federal Reserve Districts 1st 4.3 — days_— $17,581,313,014 $17,035,547,065 _r for 5.2 — 272,352,288 Week Ended December 5— monthly detailed statement of transactions New results Richmond decrease of a in the Philadelphia Reserve Dis¬ a land Reserve District there is Outside of this city there 10 day cities 2.7 + 537,677,076 $14,161,465,504 $13,457,943,965 3,419,847,510 3,577,603,100 days cities, one the on days five Our usual u week in 1952. same an District of 5.10%, but trict the totals record increase of an from this it appears that in the; (including this city) the totals increase of 6.5% and in the Boston Reserve located and are New York Reserve District 1.3%, the bank clearings at this center having registered an increase of 6.3%. We group the 9.4 —11.3 354,085,911 287,892,782 cities Total was they 4.7%, the aggregate of clearings for the whole country having amounted to $20,631,170,037 against $19,714,921,- 6.4 — — 389,407,197 Baltimore Total ■ 352,463,506 Cleveland All For that week there 5. ended Dec. 11.0 + — 305,900,000 514,435,000 "III Pittsburgh Ten tfjf CLEARINGS SUMMARY OF BANK CLEARINGS Boston r BANK 1952 $8,629,216,978 856,596,341 Chicago Philadelphia Other TELEGRAPH $9,574,854,953 York San BY 1953 OF the foregoing was New 49 (2345) Total 2nd quarter 6 507,222.247,389 months 487,817,490,606 + 87.017,698,868 Total July 4.0 84.860,024,258 + 2.5 7.844 7.477 6.561 667 5,522 5,389 5,211 August 43,705,810,684 4,855 + 9.1 634 72,981,067.927 + 593 78,141,087 076 40.048.171,295 577 7.1 5; Memphis 690 646 7,606 3.9 7,511 6,278 + 45.500,953,010 7,715 84,503.925.291 2.7 658 September 44,320,933,613 652 81,352,817,387 + ^.Seattle 324 329 317 283 3.605 3.327 3.191 2,781 + 4.4 136,294,761,776 127,720,204,856 + 6.7 134. 130 113 1.644 249,662,711,235 239,193,909.572 157 1,520 1,393 1,257 756,884,958,624 727,011,400,178 + 4.1 410,268.556,409 384,835,104,891 + 6.0 87.482,460,152 89,904,110,106 2.7 47,515,600,562 48.521,143,639 October + 9.3 44,981.901,799 42,268,299,076 6.* 82,517,069,252 75,509,306,992 + November 3.9 502,766,058,770 475,624,547,606 5.7 892,424,817,276 + + 926,884,488,028 ' Salt Lake C. __ ■ Total IjTot.27cities 70,253 63,841 65,942 63,786 789,738 763,633 733,238 663.101 Other r cities 12,264 11,563 10,553 137,146 128,791 121,635 106,979 Total all 82,517 75,509 77,505 74^339 926,884 8927424 854^873 770,080 __ 11,668 3rd Total fi Hartford 9 I' Out. N.Y.C. 44,981 42,268 43,348 40,739 502,766 475,624 464,674 409,529 We now add our Month of November 1953 District—Boston Maine—Bangor Fall River 15,089.038 5.600.841 14 370,926 49.154,670 38.867,996 New Total (14 cities),. 136.696.400 8,359.538 — 15.9S1.400 152.464.300 ... 59,745.369 17.641,600 ... 134,977.979 65,110,712 Hampshire—Manchester Dec, . or % 1952 1953 $ 7,582,598 3,053,084,544 2,847,919,108 100,295,229 + v + 11.7 + Inc. or 1951 $ Dec. f» $ 4.8 17.0 142.955,331 110,379,844 + 29.5 63,455,780 58,719,556 + 8.1 56,707,108 54.859,771 + 3.4 + 2.1 107,620,364 2.1 2.1 1950 I 1,941,373 5,661,609 603,596,498 3,274,083 2,898^,788 1,186.411 1,084,419 5.7 4,596,481 4,752,871 + 4.6 560.359,464 487,544,090 + 5,986,595 631,321,689 12.9 1,954,532 1,895,144 +_9l4 1,0037984 ll0307624 + 4 45.6 3,987,435 2,989,770 + 33.4 2,525,260 111,441.449 2,550,162 162.264,778 + 7.7 11,733.513 + 2.4 10,268,304 506,467,786 + 4.0 8,081,511 9,326,467 7,840,472 433.064,036 1.644.666,729 1,520,098,919 - 724,598.875 674,116.315 200.766,500 179,151,900:" +.. 9.1 396,883,636 'l 9.2 9,862,800 11,456,488 9,487,097 46,981,159 37,866,704 + 24.1 35,842,270 26.960,797 8.2 17,221,580 15,711,403 + 9.6 15,068,763 13,193,52*. 7.5 "~9.2 31.354,300 29^1831300 t + ' , + 11.5 1,614.325,700 1.447.8710.600 10.2 93,018,891 83,632.823 + 7.2 33,162,409,496 31,346,354,450 :— +12.1 r'r + + 2,198.631 545.403,368 ' + 3.9 1.5 ,+ 16.-7 + — 26.3 i "r> M ? --+10# , 2.434,241 2,339,726 7.3 228,118,631 25,874,317.991 — 35,587,473 157.569,122 Waterbuiy Rhode Island—Providence $ . 254,732,141 + 47,919.088 New Haven Inc —• ended Dec. 5 for four years. 30 1952 27,118.829,835 — 11,375,278 Springfield Worcester Jan. 1 for two years and for the week Nov. + 11.4 5,300,330 New Bedford Connecticut—Hartford to 6.3 + 12,901,692 5,483.336 — — $ 1 +16.5 — 19,788,530 •2,343,154,622 5.904,831 , .. 1953 or Dec. % 9,327,508 23.056/305 2,490.885,650 ^ Holyoke Lowell $ Inc. , — 9,126.520 Portland— Massachusetts—Boston months—— —January 1952 $ Reserve 11 detailed statement for each city for the month of November and since Clearings at— First Federal Total quarter monfhs + 11.5 11.2 5.8 -• 36.189,900-. 3,572,915 773,657,806 . - 39,8441500 3,261,620 + 9.5 2,506,119 736.293,137 + 5.1 675,784,521 2,585,327 588,779,259 50 The Commercial (2346) and Financial Chronicle .. . Monday, December 14, 1953 -Week Ended December 5-Month Clearings at— of New Federal Reserve District- 1952 $ Second -January November- 1953 $ York—Albany 5.5 118,418,875 125,312,517 17,950,588 + 510,491,040 449,002,552 11,394,390 10,240,012 9,615,811 8,614,012 + New York 37,535,167,453 33.241,007,916 + Rochester 131,359,696 110,372,660 76,144,736 70,963,344 Buffalo Mm Ira Jamestown Syracuse Utica 16,870,582 2,444,754 410,800, 269,670 1,235, 524,360 + 1.8 10,789,623,520 4 12.3 813 ,949,001 4- 9.0 39,831,813 18,561,731 102, 481,925 + 12.0 1,004,708,833 897, 513,095 + 11.9 2,789,804,346 3,156,253,569 2,429, 998,183 3,010, 388,198 + 14.8 75,210,971 + 4.6 75,471,163 432,002,780,387 + 1,387,519,005 887,554,408 181,967,562 17.9 16.5 + 6.4 34,619,724,664 9.1 J- + 19.4 441,449,715,130 + 12.9 District—Philadelphia— • ' | G.4 * 71,394,322 79.428,438 6,531,803 6,975,415 7,417,929 7,120,696 + 7,702,710 6,988,977 + 10.2 89,956,383 27,670,647 24,643,396 + 12.3 326,047,599 19,152,737 19,121,669 + 0.2 5,337,664 5,166,987 + 3.3 Pennsylvania—Altoona . Chester _ Harrlsburg . Lancaster Lebanon Norristown — (a) I'd) 1 4.2 225.161,601 (a) 163,465,277 24,875,715 25,518,194 Wlikes-Barre 50,649,000,000 + 23.8 + 4,442,000,000 15,564,208 Scran ton 0.8 12,571,391 4,478,000,000 _ + 15,233,422 11,537,616 24,062,013 1,267,072 —11.1 1 1,126,325 34.8 + 1,332.839 2,224,934 + 9.9 2,185,272 2,161,744 '10,150,729,969 , + 6.3 8,960,774.736 9,717.732,950 + 39.0 26,022,846 26.260,748 28,654.071 .19,817,948 ; 6.3 — 17,038,819 * 16,968,543 19.5141739 16,600,176 25,3481305 \ 28,719,300 'i.;;.; . "l3.3 .61,320,036 70,448,617 + 22.7 54,567,946 7.1 66,322,709 + 55,649,446 55,619,055 "Y " 11,182,064,271 10,499,195,885 + 6.5 9,282,302,371 3,997,515,526 1,524,706 1,235,554 + 23.4 1.151.530 1.151,990 + 0.0 1,828,166 1,619,446 + 12.9 28.7 2,070,272 1,733,519 + 19.4 1,664,441 1,470,759 1,548,348 + + 10.0 + 0.8 3,838,410 4,^16/701 —20~3 4,332^454 4,145/167 + 0.8 1,060.000,000 >7,701,925 1.0 8.8 2.1 0,649,706 300,111,889 + 12.8 72,837,280 , 1,066,000^000 3,278,236 3.8 6,159,691 + 15.1 3.871.292 6,984,946 + 37.7 5,047,513 + 2.8 .876 ;3,244,516 + 24.6 ,942 ; 10,254,103 1.5 1,117,526,734 — 3.348,382 9,619,966 + 0,915.607 •, 3,678,777 + 27.9 132,280,948 270,530,447 11,083,782 2.1 16.0 1,209,000~000 3,885.720 + 1,277,830 3,196,119 1,184,000,000 + 51,101,000,000 150,201,431 149,208,788 353,559,342 12,439,777 + 32.0 32,424,010 York Du Bo is 306,515,113 2.6 2,342,179 2.0 — Philadelphia—. Reading 85,461,133 + 13.7 58,012,839 (a 3,389,998 103,969,166 ' + . 02,794,737 74,908,214 09,885,470 290,470,906 210,905,033 59,096,371 ' . 15,738,894 3.582.663 5.5 —19.3 2,500,258 15.5 424,118,429,258 + 2,017,082 S 25,981,296 + 18.1 4.327,464 "114,916,647 + 7.3 268,822,613 : 121,261,250 1950 $ 25.9 + 18,907,636 ~ 5,110,961 9.5 + 12.9 226,405,967 23,811,726 1951 or Dec. % + 10.1 96,,676,008 + 19.0 + 8.3 + 1,700 407,451 188, 003,240 111,707,861 11.6 + 39,069,173,978 Reserve Dec. % 125,412,621 + 11.3 91,592,841 Bethlehem * 5,140, 500,291 115, 002,905 5,637,887,682 285,966,389 (12 cities) S Inc. 1952 + + 13.7 263,728,427 Jersey Thlri Federal 207,090,702 14,305,862 76,725,867 Connecticut—Stamford New Jersey—Newark Total 1,841,379,283 2.6 — 18,423,738 New 1953 Inc. or $ S Dec. % 30- 1952 York— » Binghamton Northern 1 to Nov. 1953 Inc. or .I".. — 3.408.360 5,877,909 3,004.638 . . 5,088,547 6.5 + —12.3 5,848,723 6,824,453 Delaware—Wilmington— 54,707,292 + 13.7 585,402,555 6.0 14,732,497 44,669,143 35,399,939 + 26.2 63,909,247 620,444,250 521,932,811 + 48,107,052 New 453,029,703 + 15.1 12,425,539 9,970,625 4,746,904,812 4,676,662,391 1.5 53,691,559,319 53,925,017,825 0.4 1,244,253,759 .1,263,156,675 420,991,614 358,856,434 + 17.3 7,728.326 7,900,990 — 2.2 6.929.702 11,389,970,807 22,040,166,789 2,133,882,800 127,436,738 68,718,758 10,220,876,859 19,942,005,191 + 11.4 254,471,239 'te-„;245,586,414 + 3.6 212.153.824 204,841,699 + 10.5 521,066.818 481,596.989 + 8.2 398,778.187 365,726,383 1,924,899,400 110,976,693 + 10.9 11.8 47,358.900 40,547,300 + 14.8 61,896,351 + 11.0 422,452,146 511,026,468 292,679,416 + 44.3 10,692,616 4.6 459,665,359 + 11.2 10,318,396 + 15.3 354,832,634 267,961,285 1,247,107,856 + 32.4 Hazel ton Jersey—Trenton Total 116 cities) Faurth Federal —14.3 + '/ 35,892,591 33,543,686 _ Cincinnati 1,018,486,282 I__~~ Cleveland 872,474,114 1,971,545,697 1,742,882,704 210,016,800 166,447,300 10,479,671 8,258,131 Columbus ~ Hamilton Lorain J 6.6 — 16.7 + + 13.1 + 26.1 + 26.9 2.5 5,799,227 5,946,998 '40,416,155 26,603,544 + 51.9 Youngstown 46,588,543 + Newark 28,637,293 44,532,915 24,841,355 Mansfield Toledo. 128,090,827 Pennsylvania—Beaver County Greensburg Pittsburgh 121,500,730 3,776,144 3,784,578 2,600,735 2,270,211 1,578,458,017 Erie Oil 1,489,082,117 27,945,564 28,915,852 J. City 21,886,068 18,835,721 Kentucky—Lexington 23,798,549 23,254,156 Vest 18,819,731 19,965,783 Virginia—^heeling Total — Reserve District—Cleveland Ohio—Canton I^ ; — ...14,335,776; (17 cities) 5,170,888,989 — 5.4 + ;+ 1,469,1715,015 42,468,538 . &■ - 1,103,031,408 ' ;'l 7,557.589 ' 52,043,000 46,548,500 . + __ . ■ - 7.188,798 - v.v. 48.7 5.687 6.037.523 0.1 + 10,327,637 6,610 8,685,224 — ' :• 4.. ■ __ + 17.8 18.0 35,986,696 + + 14.6 30,397,377 26,749,779 + 13.6 6.0 18,172,618,246 17,300,461,764 + 5.0 3.4 333,046,152 308,328,149 + 8.0 + 11.2 0.2 — + — 2.3 287,986,870 222,780,818 256,942,560 + 223,669,328 208,873,985 + 53,247,048,595 9.4 2.4 353,068,037 425,540,562 3.1 1,032,586,623 1,058,936,280 7.1 + 4.2 438,225,944 12.1 5.8 + 16.2 + — t. Vu 419,807,864 4,635,488,800 + 11.6 17,160,070 —13.7 247,753,770 58,277,134,050 + 1,237,375,272 1,276,128,259 Fifth Federal Reserve District—Richmond Vest Virginia—Huntington 847,003,000 + 1.2 20.208,000 21,207.000 4.7 17,400,000 15,806.000 + 8.5 8,274,264,654 7,844/250,673 + 5.5 191.954,672 188,373,719 + 1.9 164,654.110 145,612.382 22,242,928 21,260,078 + 4.6 267,482,604 245,969,620 + 8.7 + 3.2 5.249,604 52,149,400 45,304,853 + 15.1 571,832,814 518,546,484 1,254,888,000 1,125,437,218 + 11.5 14,053,095,739 12,922,411,706 + 5.9 265,950.605 5,316,515 437,183,873 6,236,164 —14.8 58,839,435 66.876,071 427,169,027 + 2.3 4,983,544,955 4,754,908,413 + 4.8 109,441,858 109,463.019 0.1 104,286.677 92,342,150 2,636,905,644 2,431,849,202 + 8.4 29,230,118,022 27,359,680,705 + 6.8 652,041,798 631,968,015 + 3.2 561,497,348 506,836,054 23,319,267 + 4.6 Carolina—Charleston Columbia. Frederick District of Columbia—Washington . Total (8 cities) ( Sixth Federal Reserve District—Atlanta Tennessee—Knoxville Nashville 98,346,645 103,320,591 542,924,139 409,625,695 1,364,900,000 Georgia—Atlanta Augusta 1,273,300,000 174,054,821 8.8 — 105.125,931 93.478.374 316,400,000 315,000,000 7.2 — 19,490,228 0.8 215,134,061 218,229,888 523,5G2,285 + 11.2 6,879,650,999 35,693,720 19,743,266 20,667,631 19,305,000 19,485,000 48,877,666 46,481,572 Jackson Meridian 6,783,471 6,934,939 2,783,499 2,650,902 693,315,311 615,544,533 4,138,336,927 3,784,313,403 J Vlcksburg Louisiana—New Orleans Total (16 cities) 4.4 5,290,664 6,143,465,693 + 12.0 154,619.469 + 12.7 482,434,454 427,935,737 6,630,465,426 + 9.1 140,261,786 163.057,890 17.0 7,235,706,697 430,225,553 401,800,879 + 7.1 11,170,812 9,670,426 4.5 224,628,084 215,186,827 + 230,248,000 225,001,000 + 5.2 554,281,813 513,783,976 + 79,632,536 82,823,172 5.0 28,486,033 26,158,409 + 8.9 769,224 684,096 + 12.6 7,559,704,269 7,175,758,190 + 5.4 134.037,882 152.379,359 9.4 45,357,574,157 42,697,253,194 897,824,395 905,609,452 + 11,2 96,303,907 81,276,756 +18.5 1,990,648 15,265,911 6,857,367 + " ' 101,315,929 —14.0 148,887.750 106,639,344 + 15.5 9,551.991 9,031,016 + ... . « 12.4 709.993 612.376 —12.0 157,572.636 133,345,145 0.9 864,551,542 717,692,944 1.8 1,932.672 1,779,705 13,6051215 12,381,561 11,9671485 5,968,656 5,610.673 5,688/77 7 — 10/ 2.0 29,485,495,602 25,579,283,952 + 15.3 25,326,618 54,930,723 + 26.5 269/283,957 + 25.2 + 9.4 337,142,870 674,865,527 580,401,982 + 16.3 10,932,211 + 9.0 139,291,700 108,676,743 + 28.2 + 22.3 391,172,845 343,891,943 + 13.7 60,066,199 + + 20.6 + 3.4 j.184,218,753 152,744,832 9,800,161 11,3562,010 + + 18.0 128,157,478 99,991,025. + 28.2 + 11.9 361,893,843 + 16.3 101680,007 G.641,187 + 60.8 l~A36~0~6~2 6/787,882 70,076,426 + 8.2 859,512,350 717,358.851 + 19.8 285,128,219 + 5.6 3,284,781.348 3,032,582,566 + 8.3 77,458,000 55,202,000 + 40.3 67.9T67ob"o 621399.000 36,486,311 Bouth Bend 34,380,168 75,854,399 301,221,806 " Indianapolis 39,759,504 8.2 475,646,450 436,361,909 9,318.116 38,458,446 420,929,680 + 9.0 lo.uit.boo 11,150.528 7.4 9.635.651 15,267.370 13,304,662 + 14.8 167,229,688 163,335,471 + 2.4 3,331,019 3,073,286 + 8.4 3.663.827 3.338,050 29,297.781 25,427,297 + 15.2 322,753,142 290,706,853 + 11.0 428,933,055 5,760,914 367,174,227 + 16.8 4,895,481,785 4,485,197,377 116,755,612 105.2841433 + 10.9 88.67lT274 78,5431s 2 6 5,303,340 + 8.6 66,708,523 59,794,061 10,533.201 8,262,063 + 27.5 113,212,860 96,745,821 1,598,500 1,362,715 + 17.3 17,275,178 15,732,189 3,275,320 3,407,784 3.9 38,608,649 39,244,104 20,600,159 21,260,649 3.1 232,009,214 232,125,709 153,282,422 142,603,950 7.5 1,716,078,309 1,662,443,966 + 64,172,086 68,437,477 6.2 678,156,299 728,993,776 — HI——I 2,587,497 2,849,043 9.2 I ~ 9,332,807 9,024,447 ' 5,817,477 6,553,143 3,823,321,637 3,501,589,563 22,000,817 19,108,204 Terre Haute Wisconsin—Madison I_I— Milwaukee Oshkosh IIIII ZZ Z ~ Bheboygan Watertown Manitowoc I-IIIIIII 11111 Iowa—Cedar Rapids Des Moines Bloux City Ames Illinois—Aurora I".~I~ Bloomington \ Chicago __ --'"■II Peoria ""~"ZZ — — — + — 30,934.191 106,004,032 + 17.0 + 9.8 — — 96,134,252 73,903,888 75,300,904 + + 1.6 0.1 5,356,757 5.727,566 5.131.521 4.848.334 3.2 38,654,323 40.823,710 37,607.526 40.233.079 7.0 16.029,325 17,869.252 18,410,957 17.810,925 0.5 + 10.3 — 1.9 9.2 43,783,873.533 40,715,584,986 + 7.5 + 15.1 231,597,750 224,854,145 + 3.0 4.7 643,450,261 + 53.920,041 636,494,382 + 1.1 36,976,563 7.0 419,315,783 384,808,630 + 9.0 21,239,018 19,463,532 + 9.1 233,008,723 214,245,452 + 8.8 2,588,737 + 36.9 28,201,069 28,595,224 7,837,444,349 Total (31) cities. 56.452,428 3,544,147 H—IIIIIT__I, 7,339,665.465 + 6.8 90,275,321,387 81,944,854,798 + 10.2 + 13.0 + — — + 11.6 30,769,137 3.4 —11.2 — 9.1 + 34,381,336 J Rockford Springfield Sterling _ 3.9 — 2,449,584,455 i(tbtiM«9Mi248 Oary ) 4,517,350 119,422,765 1.955,241 + 7,828,990 "' : jii — Decatur 5,197.187 + 15.0 7.9 2.2 + — 32,026,370 Indiana—Fort~Wayne"II—I f 5.495,463 2.3 — 15,190,771 * 7,697,711 3.4 + 4.4 0.9 — 28,109,782 Jackson 258,100.000 ■ ' 0.1 + 2,499,674,199 ^ Grand Rapids •' ' 76,340,205 300,200.000 —32.3 5,119.032 ' 22,296,116 90.633.669 0.4 • 134.415,322 I 8.9 + — 8,703,855 — Flint- f ^ 24.627.840 + 12.5 + 8,485,686 ■■ —-' 245,688,076 District—Chicago- Arbor.. Detroit 5,745,367 - 1.4 }o Seventh Federal Reserve Michigan—Ann + — 4,161,949 _____ mm"- 2.0 — Montgomery. m 9.1 262,251,546 Mississippi—Hattlesburg 24,403,260 _ + 345,445,840 40,667,076 _ — + 250,740,948 611,615,902 — + 14.6 320,695,531 41,761,192 —— 1,030,303,985 —13.4 44,300,296 — 4,284,842,626 —30.9 611,306,193 . —— 14.713,800,000 1,180,710,636 23,354,630 Mobile Alabama—Birmingham 12.0 4,676,294,543 31,918,699 Tampa : 303.338.071 15,009,000,000 19,645,002 Florida—Jacksonville '■ 7.2 4.8 + 20,221,804 1 — 321,094,366 + 32.5 — 582,064,558 ■___ Macon 5.630,136 5,808,822 + 10.3 + 22,058,885 Columbus 1' 3,225,497 0.3 836,658,000 — + Maryland—Baltimore . 3.956.152 + 77,112,000 712,169,792 14,803,383 Richmond Bouth 10.7 3.956.070 3.534,080 170,059,738 77,381,000 772,940,545 Virginia—Norfolk — 1,482,582 949,786.655 5,805.344 4,193,131 12.901.216 6.6 1.661,095 1,614.537 3.4 876.978 966 S55.291.339 + 38.4 1.587,775 981,837,487 4.746.531 4 228,904 16.000.534 13,118,562 — + 13.470.567 — 4.2 —13.3 6 905.050 6.544.685 + 14.0 5,615.482 4 + 5.4 1.171,305,382 8,749,692 10.088.375 5,856,068 5.138.441 1,319,336,013 1,251,566.018 369,000,000 336,500.000 + 134.474,739 + 131.237.699 + ' 1.4 322,388 1.127,831,694 » Eighth Federal Reserve District—St. Missouri—St. Louis 1,460,008,974 Cape Girardeau , r 4 Independence Louis— 1,291,606,141 13,911,712 _ 2.545,950 13,475,293 2,255,732 (. Kentucky—Louisville 717,549,443 l!' Tennessee—Memphis 577,523,662 ••• Illinois—Jacksonville.. Qulncy Total (7 cities) 662;839,'8l3 2,784,706,134 14,513,087,776 + 8.3 154,449,260 142,091,735 + 24,453,071 + hti'#9B,952 2,577,772,000 293.900,000 12.4 159.584.978 135,319.370 7.1 148.142,833 116,570,491 6l8 2.413.270 2,114/796 9.6 614.941.081 547,904,657 6.7 8.3 7,766,051,787 7,159,024,805 + 8.5 151,158.238 2.7 5,522,616,891 5,389,943,680 + 2.5 5.1 25.655,518 23,861,260 + 7.5 —10.0 116,372,648 116.492,972 8.0 29,324,513,068 27,368,955,299 ~ 140,524,366 + + lUlfO 304.800,000 9.7 8.7 26,094,006 + — 2,458,994 10,707,399 15,713,272.958 3.2 + 12.9 + ■ — + 0.1 2,626,094 7.1 663,308,698 -■« -j 2,817,859 605,030.297 — + Volume 178 Clearings Number 5281 . The Commercial and Financial Chronicle . . at— November ~ . 3$S51,426 - 1,279(157,394 5,803,000 Dakota—Fargo Grand Forks ~~ 27.572,963 26,490,337 Montana—Billings ] "III! 19SO + 23.7 7,679,881 1.1 322,506,425 116,6357112 +~9.8 118,9287066 8,4981287 8,0427904 +"577 8,7947020 41123,205 4,Tl67855 +~"o72 4,~64~O7903 353,519,653 14,449,270,891 + 4.5 9,446,627 7,634,759 + 3.6 348,708,854 344,775,030 + 83,805,528 + 8.2 5,259,458,695 + 7.3 1280171883 + 5.8 2.6 5,645,466,611 43,799,442 14,073,067 355,268,450 48,756,000 0.1 52,695,000 60,824,445 188,276,128 4.4 3.5 41,383,791 14,729,948 4.0 + 7.0 286,374,594 4.8 37,593,026 + 5.4 236,878,254 226,587,922 + 9.7 179,202,239 178,051,680 7.4 566,217,663 581,528,487 —11.4 19,791,419 1,995,209,864 21,906,103 11.3 23,108,181,556 22,220,842,941 + 7.5 — 38,809,747 — 5.3 — 294,873,168 + 6,489487 286,853,955 4.5 — 375,121,755 60,897,111 179,131,333 — %.747,785 0.1 + 4.9 — 2.9 — 3.1 — + 4.5 + 67352,921 5,988,951 +~6.I 67345,578 137307",695 13,5967311 -271 1474957732 11,7017995 518,555,472 500,789,926 3.5 483,390,605 428,826,023 915,676 853,889 469,361 4,845,769-' 0.6 2.6 — 9.7 — 4.0 + + i. Reserve District—Kansas City- Nebraska—Fremont 4,061,478 + 10.1 3,689,085 Hastings 35,833,958 672,491,242 679,139.854 2,892,369 Omaha 36,761,811 2,930,317 Kansas—Manhattan Parsons 2.4 — in — 2,518,465 2,802,0*3 Topeka 34,823,072 36,158,104 — Wichita 84,157,345 81.458.296 + Missouri—Joplir: 3,909,595 1,429,232,137 13,978,115 3,160,185,305 + 0.8 9,081,381 2.1 171,244,072 167,455,721 + 2.3 174,014,594 32,258,625 32,054,543 + — 28,182,877 — — °.3 1,018,462,205 941,800,340 45.345,390 16,712,439,289 81,589,363 16,765,074,754 565,983,207 3,091,374,367 1,079,849 977,990 — , 8;767,435 151,354,578 ■ 439,270,537 562,580,270 12,447,321 787,909 9,180,026 27,679,061 14,737,297 585,012,422 4.7 9,252,488 414,625,739 204,434,416 16,637,6.98 802,402 5.6 —48.3 1.711.156 223,207,743 763,438 + 3.7 47,118,028 1,458,909 + 398,756,707 7,280.988,293 U.* 1,397,221,o»8 51,451,551 City + 7,553,377 St. Joseph 42,790,809 421,185,989 7,126,709,168 1.3 — + 10.4 45,066,805 5.3 —— _ Lincoln..' Kansas $ 90,671,779 + 57,446,339 2,433,796 Total (16 cities) Tenth Federal 1951 Dec. % 369,371,601 — 16,747,119 I" Lewistowc Inc. or $ 14,974,688,967 + 25,127,176 18.379,935 53,194,712 2,219,918,935 Helena 1952 $ 5.6 — 3,690,402 17;084,118 ~ Huron Great Falls 1953 2.0 — 64455,405 1.7*797,404 25,762,468 3,866,791 Dakota-—Aberdeen Sioux Falls.. Dec. % —15.0 34,481,570 . Minot__ $ + 16.2 4/606,101 *#84,502 4,931,000 6,450,306 " 2*329,523 ... Fergus Falls Inc. or 1952 $ + 11.6 + 470,122,250 35,380,106 Winona 6,921,225 546,335,225 4,803,198 1,433,388 ~ Bt. Paul South • 37,167,499 1,427,469,336 Minneapolis Rochester 1953 Inc. or Dec. % $ -Minneapolis— Minnesota—Duluth North 1952 $ Reserve District- Week Ended December 5 January 1 to Nov. 30 • 1953 Ninth Federal 51 (2347) 0.6 1.8 5.6 8,524,573 21,666,320 368,754,831 12,816,039 12,542,191 8,875,204 15,149,9^5 5.3 381,801,710 + 350,195,430 3.0 9,196,411 19,911,222 + 19,397,620 8.5 + 11.7 9,316,318 3.1 0.3 + 2.2 — —44.4 — 9.2 549,236,892 —14 T 17,829,632 V, 19,080,089 + 9.2 2,432,323,952 I 2,222,944,602 + + 12.9 176,530,964 161,908,781 + 9.0 + 328, 9.4 + — 13,4 14,756,912 " Carthage Oklahoma—Tulsa — 6.6 a. _ —T—•- - Colorado—Colorado Springs Denver Pueblo „ Total (15 cities) — 3,704,994 4.0 6,569,242,573 6,449,907,639 + 159,582,958 147,778,037 + 8.0 2.2 35,748,519,242 35,578,110,578 + 0.5 601,280,468 + 15.5 3,129,836 3,473,864 + + + 11.0 2,901,644 4.3 616,533,374 1.8 —11.0 3,136,368 3,165,915 5.9 3,498,933 576,496,467 + 2,9337866 533,704,650 Eleventh Federal Reserve District—Dallas— Texas—Austin El 19,441,995 22,163,2j4 1,505,217,307 1,454,448,703 180,811,413 172,341,642 127,411,184 136,732,347 27,676.000 31,716,000 1,272,479,292 1,312,167,078 7,443,264 7,730,906 23,330,302 23,363,443 Paso Ft. • 32,411,963 37,436,573 1 Beaumont Dallas Worth. __ Galveston Houston _ Port Arthur _ _ Wichita Falls 5.5 7,482,309 9,341,707 7,759,540 7,790;073 38476077727 340,6427807 349,2247950 300,2777423 33,431402 7,361,000 31,6387672 31,814461 2.8 + 4.9 1,863,322,891 1,641,145,625 6.8 1,435,444,638 319,870,000 1,492,505,273 3.8 33,419,942 318,118.000 + 0.6 6,898,000 3.0 14,853,436,668 14,263,178,485 + 4.1 3.7 87,127,816 80,045,949 + 8.8 + 2.0 278,634,234 286,212,709 5,647,705 5,893,336 5,880,805 + 1 3 «7;885,144 83,409,586 + 5.4 6.0 553,266,698 526,085,792 + 5.2 127428,614 13,0547877 11,274,814 0.4 36,992,509,049 35,270,262,188 + 4.9 450,484,297 410,224,829 412,982,581 + — — 50,245,837 47,383,942 3,259,937,578 (li cities) + 11.2 + 15,975,257,279 + 3,243,301,446 + Louisiana—Shreveport Total 369,933,619 234,360,871 16,861,449,369 —12.7 — 7 7.943.111 Texaikana 411,248,806 3.5 —12.3 — + 13.5 — — 2.7 6,159,000. 7,204,000 5,311759 10,7237630; 362,076,536 Twelfth Federal Reserve District—San Francisco— Washington—Bellingham Yakima Idaho—Boise ... Berkeley San 7,823 ,850,246 7,791 ,773,001 4,700,735 150,861,459 4,615,013 155,164,550 165,432,980 144,485,879 131,78ll521 88,"173,154 74,6601302 67,745,354 65,6647535 0.4 + - 9.4 170 ,872,727 164 ,996,921 + 3.6 1.5 3,605, ,626,637 3,327, 930,072 + 8.3 + 28.6 1,137, 365,345 951 682,137 6.4 455, 681,836 305, 111.311 350, 868,630 — 35,477,484 — 346, 745,916 1.2 + 72,243,833 + 13.6 941, 919,792 832, 380,064 + 13.2 25,036,277 + 11.8 263, 518,510 248, 914,087 + + 3.0 668, ,726,296 622 22,166,763 19,464,558 + 13.9 16,704,337 16,868,522 15,308,697 14,003,449 + 9.3 11,4571073 11,341/498 4.8 588,816,677 466,0877213 5.9 751,581 7.4 11,288,441 6.9 155, 088,042 144, 836,552 7.1 9.2 24,786, ,218,794 788, 320,386 24,166, 863,448 2.6 8.8 5801846",449 740, 936,924 6.4 16,125,783 23,662,107 43,744,489 23,776,230 0.5 254, 827,216 245, 960,296 3.6 7,298,458 43,278,744 9.4 489, 385,044 507 788,662 3.6 10,528,279 12,436,084 4,439,581,557 4,260,526,282 + 4.2 50,266,933,552 48,863,656,316 + 2.9 1,052,234,801 1,097,215,290 82,517,069,252 75,509,306,992 + 9.3 926,884,488,028 892,424,817,276 + 3.9 20,631,170,037 19,714,921,263 + + 6.4 502,766,058,770 475,624,547,606 + 5.7 9,441,546,517 9,564,191,294 - (19 cities) (182 cities) . Now 42,268,299,076 44,931,901,799 Outside New York included in Philadelphia, Pa. Figures 1952 for for are the month of January EXCHANGE CERTIFIED RATES BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930 DECEMBER 1953 4, TO DECEMBER 10, 1953, Monetary Unit 1.7 INCLUSIVE Buying Rate for Cable Transfers In New York Monday Friday Dec. Tuesday Wednesday Thursday Dec. 8 Dee.!) Dec. Ill $ $ $ $ .200000° 6,494,235 11,596,809 4.1 1,017,754,963 863,031.225 + 4.7 17,851,157,125 17,842,136,256 •*— 1.3 8,890,382,389 8,124,403,306 — The condition ,200000° the of statement of weekly reporting Federal member System in leading cities Reserve principal changes for the week $482 million in holdings of United States Government bonds, decreases of $428 mil¬ the shows following ended Dec. 2: An increase of holdings'-of^-TTeasury notes, $369 million in re¬ Avitjh Federal Reserve Banks, and $357 million in United States Government deposits, and an in balances serve increase of $371 million in demand deposits credited to banks. domestic » .0428082° .0428082° .0428082° .0352609° .0352609° .0352609° .0352609* Loans to banks increased $142 .326400 .326400 .326400 .326300 .326400 1.026015 — 1.025625 1.026713 1.026503 1.026933 .210500 .210500 .210400 .210500 .133333° .133333° Preferential .0719820° .0719320° Free .200000° 133333° ,200000* .133333° .133333° .0719820° .0719820° 2.240205 .0719820* ■ \ 2.239541 2.240205 .0335802° Easic Free Malaysia, Malayan dollar dollar Canada, Ceylon, — rupee Finland, — Markka __ (Metropolitan), France pound Mexico, .0385802* .0200500 .0200500 .200562 .0200500 .210500 .004354th .0428082° .00435401° .00435401° .00435401° .00285625 .00285625 .00285625 .210500 * .210500 .210533 .210433 .210533 2.811250 2.811354 2.810729 2.811458 .116270 .116270 .116270 .116270 .116270 .264100 franc .00285625 .264100 .264100 .264100 — - guilder - - 2.783415 2.783621 2.782797 2.783621 a .140154°? 2.73.3106 Zealand, pound 1 - .00435401* .140154° .140154° .140154* .140154° Philippine Islands, peso .496766° .496766* .496766° .496766* .496766* Portugal, escudo .0349000 .0349000 .0349000 .0349000 .0349000 Norwav, Sweden, krone _ .193233*" krona Switzerland, franc of South Africa, . • .193233* .193233*' .232600 .232650 2.800954 2.800124 2.800954 2.810937 J 2.811250 2.811406 2.810742 2.811367 Uruguay, peso .653327° ° OO Uruguay, peso .561797°t 00 Uruguay, peso .425531°| .531914*t Uruguay, peso _ .193233* .232700 2.800747 2.800435 ___ Kingdom, pound sterling Uruguay, peso (free rate)__ .193233° .232700 * .232750 _ pound- __ __ Commercial, OO OO 0 0 *° OO t c"I •'* .322250° O 0 •.. agricultural loans million. Holdings of Treasury notes decreased and holdings of United States Government bonds increased in all dis¬ CO .fJt+i'..N,< J I 4 j I i ** 1 L'mJ/; t-H .' securities was increased $46 imillion, of District. which $20 million in the San Francisco Demand New York deposits adjusted increased $195 million in City and $62 million in the San Francisco Dis¬ trict, but they decreased $106 million in the* Kansas City District and $47 million in the St. Louis District; the net increase at all reporting member banks was $74 million. United States Government tricts. deposits decreased in all dis¬ Demand deposits credited to domestic banks in* CO . U.'i «« . O 0 .' * * 0 tricts, partially reflecting the exchange of maturing notes for new issues of notes and bonds. Holdings of "other" i 1, 0(1 creased in all districts. , ''^Borrowings decreased $147 million in New Hi. and JX. and OO , ' industrial, .264100 ° 2.810937* peso Netherlands, °385802° .00285625 _ India, Dominion of, rupee Ireland, .0385802° .0428032° ' .0385820° .0200500 — Belgium, franc Brazil, cruzlero— British 2.240039 2.230790 schilling Austria, United 12,695,494 de¬ creased in most districts and a total of $71 million at all reporting member banks; the principal changes were a decrease of $49 million in New York City and an in¬ crease of $13 million in the Dallas District. Changes ac¬ cording to industry appear in another press release. .200000* Australia, pound Union 15,138,063 6,067.397 + .0352609° Basic New (Value In United States Money) Dec. 7 1 $ Argentina peso— 14.306,280 — 7,066,446 banks lion Country and Noon 7.1 3.3 —15.3 17,363,845 Condition Statement of Member Banks requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the 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: FOREIGN — 610,020,099 1 only. Foreign Exchange Rates Pursuant to the A + 49.3 8.3 i + 19.5 + — 71,655,325 Grand Total 4,226,096 1.4 3.6 — 65,349,918 Barbara— Stockton (a) 5.5 172,066,792 5,273,204 2,019,617,388 Jose Total 120 727,000 151,349,464 9.8 12.062,051 2,205,172,111 Francisco Banta 116, 367,000 133,832,733 1.4 — 37,990,701 — Riverside San 360 ,671,876 + 46,384,750 27,988,020 — Pasadena. 355 ,723,218 + 13.0 — 56,066,383 - Modesto.... 5.2 — 329,641,983 32,536,910 82,064,260 — Long Beach 203, 611,695 — 694,428,748 18,310,826 113,184,398 49,371,674 — California—Bakersfield.. 64 513,007 7,715, 461,766 223 618,083 + 10,434,000 16,595,999 324,737,837 Arizona—Phoenix 7,606, 046,655 — 17,818,818 34,007,268 656,453,354 Portland Salt Lake City 72 909,095 0.9 25.7 —17.5 658,220,006 8,606,000 Oregon—Eugene Utah—Ogden + 18.7 5,654,484 6,711,129 652,629,034 22,391,113 653 Seattle . * York City $85 million in the San Francisco District, and they 52 (2348) i increased $53 million in Chicago; the net decrease at all reporting member banks was $182 million. A summary of assets and liabilities of reporting v member banks follows: Inc. ( +) dec. (—) Dec. 2, Loans—net and brokers chasing Other for to dealers for purchasing 1,816 8 + 265 — 14 + 6,449 — 13 + 368 142 703 + + 270 + 7 + + 47 — — — — 5,399 — 2 .+ — 428 + + 482 — 7,462 Reserve Banks, 46 + 14,235 domestic — Dividends Per + 74 — 749 430 — 10,792 banks Carey — 182 — — 3%% Mills Inc. ( + ) Assets— ^ 1953 Gold certificates Redemption fund for F. — Co. R. 876.001 28,755 + Other cash Discounts + and advances 8. Govt, Bought B of America Products (extra) Centlivrc 5% Canada bought outright under 15,000 Common 880,825 4.10% +100,000 of + 164,250 + securities.. 26,074,595 banks other 264,250 cash +564,723 + items + 3,483,433 premises — 2 — 185,494 Total assets — —475,000 50,360 Other assets 16,231 1 + 8,359 + — 11,393 + 101,987 893,845 — 26,576,315 + 120,917 Deposits: Member bank—reserve accts. 19,719,748 S. Treasurer—gen. acct._ 487,652 + + 331,330 deposits 60,081 — — 8,066 — + 21.029.710 + 259,979 2,877,253 23,079 + + 228,525 -1,518.855 90,972 1,981 50,506,357 157,351 15,126 —288,946 Deferred availability cash items Other liab. and accrued divs._ Total —1,148,105 38,159 490,980 Other 246,123 — 93,931 Surplus 13b) Other (Section capital accounts liabilities & 216,344 + 7,875 of note gold certificate deposit and F. re¬ to serves liabilities Contingent liability ances —< R. ,ieup <>'.) combined 25 + — 3,380 853 Gas Redemption Calls and Sinking Fund -current details volume were (except where indicated) given in the "Chronicle." NOTICE OF TENDERS Company ajid Issue— Canadian National 7 Ry., 4% Canadian Northern Ontario Canadian Northern Quebec Canadian Northern Commodore Hotel, Fxmda, Johnstown 4% 1st 3% -6% Quebec & & mortgage Philadelphia Ry., Inc.. 4% Lake mtge. St. John 1978 stock Jan 31 1978 stock__Jan 31 1978 jan 31 1978 Dec 31 1978 stock stocks RR.— A, due 1991_„^__Dec -*•£ series 4% A. due debenture nobioO 2039_j^Decdl5>^.^['1880 stock.-il.Jah'31 1989 class A Corp. 12-10 $2.50 $1,02% 1- 2 12-21 series C (quar.')__ Consolidated Freightways, $1.18% 1- 2 12-21 Public common (quar.)__ 12-18 $1.12% Service 1- 11-27 2 12-11 12-31 12-18 $1.23 12-31 12-18 Consolidated 12-31 12-18 Consolidated Consolidated Paper $1.50 ______ 1- 12-10 2 11-20 12-15 12- 25c 12-29 12-11 12-15 (quar.) : Ribbon Mills, Pasco Inc. (quar.) Corp.__ Products ______ — (quar.)__ 25c — Aircraft Co. Co. (s-a) of 12- 12-31 12-15 1- 2 12-11 343sc 1- 2 12-11 50c 1- 2 12-15 (quar.)__ Co. (N. __ Y.) (quar.) 75c Rock & 1 12-15 12- 1 12-31 12-15 12- !t A & South Ry., _ Co., 5% pfd. <s-a) (year-end)__ com. 12-14 12- 4 12-18 12- 1 $1.75 12-18 12- 1 12-15 12- 1 $92 12-15 11-23 1- 12-21 12-30 12-10 25c 2-15 1-15 3% (quar.) 2 30c com. 2-15 $1 Texas & 1- . 2 (s-a) $4 $1.25 12- 1 (quar.) $1.25 6- 1 preferred (quar.) $1.25 9- 1 8-15 preferred (quar.) $1.25 12- 1 11-15 Transit Co. 5-15 & Cable 75c (quar.) Service Co. (quar.) Year-end Citizens non-cumulative preferred Controller com. Co., pref. ■ciearfiet¥j&1 Matfoiifiig 5% (quar.) 9 12-29 12- 9 12-15 A $4.50 $4.52 75c 1-22 50c 12-14 12- 4 12-14 12- 4 75c 12-15 11-30 l%c 12-15 55c 2-20 1-29 $1.12% $1.13 $1.12% 1- 2 12- 7 12- 7 3- 5 3- 5 Co. (quar.)— —__ — Co., $4.50 $4.52 common;—— (quar.) preferred 12- ———— (quar.) (quar.)—__— _ 12-31 12-15 12-31 12-17 40c 12-31 12-17 (quar.)— 40c (quar.)—— ——Continental Can Co., common (quar.) $3.75 preferred (quar.)—— $1.37% 12-26 1-2 12-11 12-11 11-25 12-15 12-15 11-24 12- 7 Lines, ——^___—_____ Inc. ——'. Co. Assurance (Chicago) Extra $5.50 Baking Co., common prefered $4.25 2nd preferred (quar.) Continental Car-Na-Var Corp. 60c 93%c $1.06% Continental Commercial (quar.) Continental Copper & Steel Industries— Common (quar.) 1 Continental Foundry & Machine Co. (quar.) Continental Gin 1-2-54 12-15 12-15 11-30 12-15 11-30 20c Corp. Coplay Cement Range Co., 6% pfd. (quar.)__ Electric preferred preferred 46c 3%% preferred Inc. 4 12-15 1-15 12-21 12-28 12-23 12-14 2 12-14 87%c (1947 series) & 87%c 1- 12-14 12-14 12-30 12-18 25c (quar.)— - 1-2 15c ■' 12-30 12-18 12-21 Reynolds Corp.— (quar.) :—.— 25c 1- 2 20c 1- 5 12-11 ____— 25c 1- 4 12-15 10c 12-28 12- 3 (year-eudi Corp. International Chemical Corp.— Shoe, Ltd. L.l (quar.) 20c 12-24 12-15 $2.50 1-2-54 12-16 U5c (quar.I Craddock-Terry (R. 12- 12-31 ; Petroleum Crain 12-15 25c —_____ (quar.)__ (quar.) Corp. Cowles 11-16 12-31 $1.31 % (quar.) dividend preferred A Coty 12-23 12-14 30c (quar.) com. common Extra Cosden 4 $1 A 3%% $1 1 12- 12-11 20c (accum.) ___________ Corp., Extra Cory 12- 12-15 12-15 15c series Corroon 4 12-21 35c (quar.+._ Extra Coro, 11-30 25c Mfg. Co. Cornell-Dubilier $5.25 11-30 12-14 50c (quar.) Cooper-Bessemer Corp. Copper 12- 12-14 10c (quar.)____ 12-26 65c (quar.) * ; Steel Coffee $1,13 (quar.) Corp. (Del.) : Continental 12-16 — Motors Oil Extra 11-14 1- 4 . (quar.)_: ; Continental Cook Co. 12-31 35c i_ (quar.) Insurance Year-end 15c 50c 65c i, Co. preferred Continental 1- 2 1- 2 1- 2 12-15 3c Corp. 12-15 10c —:■ 12-31 12-11 12-15 — 5% pfd. (s-a) (quar.t__ 1 Crampton Crane 12-31 12-15 12- 3 12-15 12- Mfg. Co., Co. 5c common 12-31 50c 12-21 12- ^ 25c 12-21 12- 4 93%c 12-15 12- 1 13%c 12-15 '12- 4 50c 12-30 12-11 25c 1- 2 12-10 1- 2 12-10 (quar.)_____ : 3 12-15 $2.50 12-15 12-31' 3%% Cross Crown 12-15 $1 1^*5^-12-18 l2-i!5 $t?21 $1.50 1- 2 *12-21 12-15 12- 3 20c 12-31 12- 3 $1.12'4 12-15 12- 3 preferred 5%% Co., 11-?" - 30c u_L,^b (quar.) - 12-10 2c .(quar. 1 1- 2 4- 1 4- 1 12- 1 40c (quar.) Air Continental Crown (s-a) 12-11 $1.13 12%c Continental 12-15 25c ___; 12-11 (Fla.)—• Corp. Power preferred preferred 1-2 $1.25 preferred 12-14 I8%c (quar.)__— 1-22 (initial) preferred 12-31 36c common (quar.) 1-25 1 3714c (quar.) 12- 8 35c $1 $1.12% Trust— Extra Ry-*_'(s-a):::i:::___. Extra $4.50 preferred 12- 10c Co., Cliffs Iron, 11-30 12-29 20c (quar.) jSilv'er Miiies__i^ •Cleveland Class 62 %c Inc.__ Hosiery 12-14 2- 12-15 12-15 12-15 (quar.)_^ Credit Consumers Consumers $1.37% Equipment Co. preferred (quar.): -Calussner 11-30 $1.75 City Products Corp. (quar.)__ City Railway Co. (Dayton, Ohio)— Neon. 12-14 1 10c (quar.) dividend conv 12-10 3% Co. City Baking, 7% preferred (quar.) City Investing, common (s-ai 5J/2%. preferred (quar.) 4.80% 12-10 12-24 $1 Utilities Stock 12- 12-24 $1 : Corp. 12-15 40c 10c Wire Extra 1- 2 1-2 1- 2' 12-31 (quar.)__—-1"— 12-28 Rendering Co. Consumers 4 2-15 preferred Cincinnati 12--1 12- 1. Power Co. & 45c Corning Glass Works, 12-18 3- 12-15 12-15 Extra 1-15 12-15 Pacific (quar.)______ $1.50 — Continental 12-15 $2.50 $1.75 (quar.) Orleans common 12-14 12-31 $2.50 _____ Mills, 12-31 25c (year-end) common dividend preferred 11-27 RR.— 7% preferred (quar.) Cincinnati Enquirer New 12-15 $1.25 Bend (quar.) preferred 11-27 RR.— _______ Co., Knitting Cincinnati, 12-15 5% (quar.) ——^r_ Corp.——37 %c — Consolidated 4%% Shore preferred 1 $1.25 series .12- 2 30c — 40c (quar.) South r 1-7 » (quar.) Pacific 1 12- h:$l ____ Island 12- 2-1 12-15 12-16 dividend preferred 12-31 75c ___ Co, 12-30 87%c (quar.) ._;— Machine 1-15 12-15 12-14 (quar.) 50c 50c Extra Continental $1.12% (quar.) (Consol.) A Chicago, 8 12-21 10c ___ & 7 25c — Rivet 7 12- 37%c preferred Co. 12- 5 (quar.) common convertible 1- (reduced) America Paper Mills, Year-end 12 %c __ 1 1-15 12-31 1- 2 10c com. Corp. Investment 12-10 12- 1 1 2- 60c (quar.) (quar.) 12-31 12-11 11-30 12-24 11-13 75c (quar.)_..!___— B 12-18 25c '1 12- 8 , (quar.)—_ Inc., Utilities Gas 15c • (quar.) Corp. common C preferred 30c (quar.) common __ Co. Baltimore, preferred 12-23 Securities (quar.)____^ $1.31% Co., (quar.) Electric of 4%% 12-18 — Y.) (N. Consolidated Gas Electric Light 4% : Co. preferred $1 Co.— ___ (quar.)_ Power 55c 1st 62V2C (special),™ (s-a) (quar.)— 6% 3-20 11-16 (quar.) Standard preferred non-cum. 1 12-15 — (extra)-—_— Corp. Diversified 1 50c Inc. 4- 12- $1.80 (accum.) (quar.) B de ■ pref. Cigar 2 15c -II $1.50 partic. A Industries, 1- 11-20 Clayton 22,* 10c Chemical Consolidated 10c — $1.40 class Coppermines Corp. 12-14 5% (quar. Cement. Dearborn 12-14 Clark 12-19 10c (quar.)__ preferred series dividend Claude 1- 2 preferred 40c Consolidated 5% 6% 12- 4 12-19 (year-end)-- (s-ai— Consolidated 12 %c Clark debenture Co.— Ry., 31 debenture series bonds, Jan Page 4% debenture Gloversville bonds, stock Date 4% Ry., common Transportation consol. debenture Ry., in which the 1- 2 1- 2 Power Co. common 12-10 12-10 3%% . 12-15 28c Corp. Semi-annual 12-10 2 Cities 12- 1 2 1- Circle 12-10 12-15 — Management 2 5% bonds, notes, preferred and common redemption, in¬ cluding those called under sinking fund provisions. The date indicates the redemption or last date for making "tenders, and the page number gives the location in the 12-13 37V2C % (quar.)_. 1- 5'% of corporate stocks called for 11-16 1- 5% list 12-15 (Toronto)— $1.18% 40c Chenango & Unadilla Telephone Corp.— 4V2 % preferred (quar.) :__ Chesapeake & Ohio Ry., common (quar.) Notices t$4 Ltd.— $1.12 % 87%c 5% 11-30 Engineering Stock a Consolidated Co.— Cincinnati Gas & Electric Co., Below will be found 12- (quar.) 4% 12-15 Edison Christiana Securities 856 15c Dry Goods Corp. Chipman 3,154 (quar.) Consolidated foreign 21,513 12-18 12-10 $7 11-25 12- 1 Inc. Consolidated 5%% conv. preferred Chemical Bank & Trust .7% 12-15 Consolidated _____ .4' 12-15 12-21 QuarterlyChicago Towel ' 12-22 12-21 accept¬ Industrial loan commitments.. Consolidated 1 from 25c 2 on correspondents 12-10 8 12-3 — 9c 17V2C 2 for purchased & Chicago Vje 44.8'+ 12-19 1-4 12- 12- 4 (quar.) 1- Chicago. Ratio 1-2-54 12- (Del.) and 1- 4 10c $3 12-18 50c Corp. Inc. Connohio, Inc., 12-21 Co. 12-18 1 (quar.) Investment Connecticut Light & 75c 10% Quarterly 12- 4 2 5% 6 $1.31 % 46,334 8,402 6 11- (s-a) (year-end) Association 12-12 1- Channin 893,845 11- (quar.)__ preferred Lire 12-15 Chicago Medical Arts Building Corp.— — 12-18 Consolidated 14,945 + + .101,987 12- 9 $1 Amusements, participating 1- 2 $1.15 Stock accts. 51,598.659 cap. 12- 12-28 1- Common Total 12- 1 12-15 $1.02V2 Chamberlin 27.543 12-15 25c Publications, 1-12 10c — + 584,676 Nast 12-23 _ 12-18 19c 10c 1 12-30 5% Machinery Connecticut $1.75 12-16 12-18 $37 %c Shoe Congoleum-Nairn, 7 12-31 12-31 25c investment income 12- 4 12- $2 (quar. t_^_ Community Public Service Co. 8% 4 4+ 12-19 Investment Confederation (quar.) Class 7) Confederation 12- 1 12- 7 12- 12- 2 & Trust (N.Y.) Inc. 50c + 181 + 12-15 12-4 12-31 . 12- 12-30 40c ____. Chicago & Eastern Illinois RR 263.739 Conde preferred Extra 963,526 Capital Accounts— Capital paid in Burplus (Section 12-15 preferred Century 810 — 12-30 12-17 12-31 12-31 - 12-31 (quar.) Chesebi-ough Mfg. liabilities Compo $1 capital gains) 12- 4 _____ preferred Cessna U. Foreign 1- 4 12-30 from (10c 2 10c A Maine Century 463,547 + Commonwealth 12-12 12-12 12-15 12-15 37%c 62'4c 12- 4 60c series Certain-Teed Notes 12-31 2 1- 1- — Hotel, 1- 2 4.60% Cerro Federal Reserve 1-15 25c 12-22 31 %c dividend Stock t$2.50 (quar.) Electric preferred Stock 51,598,659 Commodore 3.50% 4,624 Liabilities- Total 5%% 169,053 12-15 12- 1 1-2 (s-a) Corp. Bank 50c ______ (quar.) (quar.) Illinois Central 6% 12-29 12-15 1- 2 (quar.); (quar.)_ preferred (quar.) 4.92% preferred (quar.)_ 24,384 Commercial State Electric 4% 80,340 — 158,485 12-11 11-25 10c —__———.— Solvents 12-22 — — — common & Light Co., preferred (quar.) 414% 1,106,262 + 12-24 Co. dividend Stock 12-21 12-21 (quar.)__ Shearing & Stamping Commercial 1-2 12-15 5c (resumed) Commercial 12-11 12-21 15c (quar.) 1930 Credit 12- 12-18 — Columbia 1^-15 12-15 1- 2 12-29 $1.50 (quar.)__— Commercial 12-15 12-31 Ry.— 0 o Co. 12-15^ 6 75c 6334c payment since 1- 2 12-24 1;> 1 1- 10c common Gas Southern com. 12- 12- (extra) 2nd preferred Title Insurance 4% 12-1 87140 68%c (quar.) 12- 1 1 12-15 12-15 — preferred Central ' B 12-12 12- 12-15 5% (quar.)_____—_____—.— Interstate ,0 t;. 1-5 12-11 12-15 (quar.) (quar.) Iron, preferred 5% 4 12- $14.65 _— (quar.)— preferred preferred 4.75% 249,600 — 22 banks.. Illinois & preferred A 12-21 (quar.)_„ Central Illinois 202,250 foreign Central + 1,355,862 repurchase and loans notes 5.25% 4.10% 25,142,674 Fuel Co. Power & Ltd. : Co., preferred preferred 510,000 — Central 25c (special)—____—_— Gas preferred 820,825 - ' Uncollected Bank 1,925,862 + 10,000 — U. S. Govt, securities. 25,344,924 from R. Hudson — — 3,641,150 agreement Due Foundry Central + 25,000 — 13,263,671 Bonds F. Storage Co. 4.75% 150.000 + 5,816,541 Notes Total Cold 4% % 2,421,312 Certificates 'Total Central Coke Extra securities: Products $1.12V2 _ & Central Stone $15c (s-a) Coal 1,059 & 1- 4 12-15 —__ Investments, preference 23,872 — (year-end) :_____— (quar.) Sand 12-21 — Corp . 41 Corp. preferred (quar.) Co., $2.75 preferred (quar.)— Ice Co., common (reducedt_: preferred 5% 12- 12-15 $1 — 12-21 75c <s-a)__— 12-21 12-31 50c Radio 5c (extra) — Brewing —1,024,863 + 300,514 — 797,850 + $3.50 First *£-15 12-11 25c 30c _— (stock dividend) Colgate-Palmolive Co. Colorado 12-29 12-18 $1 Colorado flOc A Corp. of America, common preferred A (quar,)———— 7% preferred (quar.) Celtic Knitting Co., Ltd. (s-a)__—— 109,151 — Payable of Kea 12-13 1- 2 (quar.) 115c (year end)—- Class 4'/a % outright— ... Held 9,080 727.269 2,402 Bills Total 3,244 — 301,166 Industrial loans *J. — Co. 12-10, 1-2 $1 Co.— Angeles) Y.) International $1.75 (quar. 1— — Central 21,345.104 12-24 $1.75 Year-end 17%c 7% preferred (quar.) Plate Food Central notes (N. 12- 4 „ (quar.).—_—.*——— Industries, Tin Class 907,001 — Bottling ,$1.75 common— Celanese 1952 31,999 Coca-Cola Coca-Cola 12-15 $1 (Los 10c I.) Casmont or 1953 20,469,103 $1 (year-end) — _____ (quar.)__ Bottling 12%c 25c (quar.)— Castle-Tretheway Mines, Ltd. Dee. 10, 12-16 Electric Coca-Cola 62Y2C Extra dec. (—) since 1-2 com & A 93%c 12/2C — (quar.)— (quar.)—--—-————-—- preferred Catelli Dec. 2, 7j 12-16, $1.12% (quar.) preferred B (quar,)_— Bottling Co. (Chicago) 12- 4 - (J. 7% Catalin Corp. Dec. 9, preferred 25c W.Tco. (J. Caspers thousandsiof dollars) 1- 2 Coca-Cola 12-22 $1 (quar.)—— Corp. — Extra Case (In Gas 40c $1-25 50c —- — end Carter Federal Reserve Banks Combined 12- —^ 12-22 - preferred General & Carthage Statement of Condition of the Twelve (quar.) com. (quar.) (quar.) Co., com. 1st Carriers Year figures revised. Co., 20c — ■ Extra 31 710 "Mfg. (Philip preferred 5% 149 + +20 916 12-18 preferred & Counties Coast 12-18 50c (quar.) preferred (quar.) 20c (quar.) Inc. — — Holder* When Share Kennedy, & Extra Carnation 371 + 1,310 1 Baxter Carey, deposits: Borrowings ♦November 25 357 Peabody 2nd 12-29 (quar.) preferred 4% 12- 4> 12-31 — (quar.i__ Inc., common 7% Colorado (Continued from Page 16) — Co. 1-2-54 16c 12 %c (monthly)—10c Stockyards convertible Colorado 5 3,598 4%% Cluett Color-Craft 154 1,526 Clinton Foods, $6 1,318 + Payable oj Rec, $1.12% (quar.):— Colonial Life Insurance Co. of Amer. 54,376 banks 2245 Co. Molybdenum Colonial + 28 Climax ^ 7 + Union Colonial 85 19,155 Cleveland Collins 86 — When Co.— (quar.) Trencher Coca-Cola —Dec 31 + deposits demand Foreign 1978 due Name of Company Government * 1 Jan this issue in •Announcement + banks deposits adjusted Time deposits except government S. l Washington Gas Light Co.— 4%% reference mortgage bonds Liabilities— Domestic 2199 982 with Demand U. pref. stock-Dec 31 Co.— Gas 2,568 Cash in vault Interbank 2198 bonds, series A and B, due 1956 5% Page 1 Feb 1966 due debentures 1,718 + 369 — Illuminating preferred $4.50 4.80% 330 18,541 Electric Cleveland 4% CALLED ISSUE Date 4%% Illinois 1st mortgage 2200 2.911 6,458 — ... 2198 2,151 indebtedness —_____ 2091 1 1 Minneapolis-Honeywell Regulator Co., 3.65% 628 5 2 939 32,792 securities Balances Corp., 5%% Central RR.. 1 series and Issue— Company 14 + 2,394 Federal Finance 2194 2089 2195 4 1 B————Jan capital debs, due 1973 Jan Line Co.— Collat. trust, & ENTIRE 4 + 7,978 of Pacific Pipe mtge. 1665 1 Antofagasta— —_._Jan y 5% " debentures 1st Southeastern — with 71 748 banks_______ bonds Reserves — 1,877 — Treasury bills Treasury certificates Treasury notes 3% % Illinois — loans- loans RR.— 1,860 pur¬ U. 8. Government securities—total.. Other + + carrying or - estate Other 58 59 of Company Cleveland Salitrera de Tarapaca Compania 20-year + Name Page Date _ Interprovincial + carrying securities or loans securities Loans and Rr.ckfish & agricultural 23,134 to Aberdeen Holderj Per Share REDEMPTION First mortgage 3%% bonds due 1960 Jan Ampal-American Palestine Trading Corp.— 4l/f, sinking fund debs., series A, due 1966.—Jan Appalachian Electric Power Co., 4.50% pfd. stock-—__Jan Bolivia Ry., 5% mtge. & collat. trust bonds, series A_-Jan 1,274 + 40,268 Industrial, loans Loans 151 + 40,889 Commercial, U. S. 1952 1953 80.522 Loans—gross . Dec. 3, Nov. 25,* 1953 Investments—total and Real since (In millions of dollars) Assets Loans or PARTIAL Company and Issue— Central Cork class (quar.)__ preferred Petroleum International A (quar.) Corp Corp.— (quar.) Participating $1 class Class A 50c (quar.)——_— Crown Cork 4- 1 3-10 $1 Participating ■Crown 25c — B & Seal Zellerbach Co., Corp. $2 pfd. (quar.) (quar.)— , 12-10 50c : 12-15 12-15 12-10 50c 12-15 11-17 45c 1- 2 12-11 Number 5281 Volume 178 . The Commercial and Financial Chronicle . . Per Name of Company Crucible Steel Co. < Common 5% (stock preferred Share dividend) 2r!o ; ~r preferred (accum.) Cuban-American Sugar Co., >■ 7% preferred tquar.)__ preferred 12-31 7% preferred preferred Corp. Publishing Co., •f $4 preferred i Class A 12-22 4 12-22 2 3-17 7- 2 6-16 $1.75 9-29 9-15 $7.50 12-31 12-15 12-15 12- 37'Ac ____ preferred Inc. $7 ' (accum.) pfd. (quar.) 12-21 12- 1- 2 12- 1- 2 12- 12-24 12- $1.75 (quar.) (quar.)____. Corp., 75c. 15c (quar.) common Extra 12- 50c 12-15 11-27 3c 12-15 11-30 20c 12-24 12-10 25c 12-31 12-15 2 12-15 :_ Cypress Abbey Co Cigar Corp. (quar.) Dan River Mills, common..! 1 ___ 4'/a% prefered iquar.) Dana Corp., common (quar.) 3%% preference A (quar.)_ Darling David (L. Malleable Vilbiss Co. Rock Deere Iron, Oil Fund, pfd. (quar.) & Delaware 3 2 12- 8 from 1- 2 12-15 4% Hudson & (quar.) v~ 4.56% preferred (quar.) 12-10 12-31 Co. Denver & Rio Common Stock (subject proval) C. Edison 1st preferred Steel Class (s-a)_ t., $3 d" Co. —. incorrectly Co., " Extra Ltd. Co., preferred preferred Tar 115c Co., preferred preferred Power Co., preferred __ _ — quar.) 1212- preferred preferred 25c 25c 25c 12-15 12- 12-29 stock for each seven Mines, 1-15 12-21 East Tennessee 1-15 Lines, Eastern Air Eastern Corp. Gas & 12-18 12- Inc. 2 12- 1- 2 12-23 12-15 12- (quar.) (quar.) 12- preferred A (accum.) $6 preferred B :(accum.) $7 Sugar Associates, (quar.)— ($20 par) (quar.)_ 6% preferred (quar.) General 7 2 12-18 1 12- 1 General 1- 1 12- 1 1- 2 12-15 General 2- 1 1-25 I- 1- 4 1- 5 12-22 2 2 2 2 Co. A B Fire Inc. Firth (N. 2 12- 8 2 12- 8 General 2 12- 8 1- 2 12- 8 Y.) of 12-22 1212- 12-30 at 12-15 12- Carpet 12-10 12-15 11-30 12-15 11-30 35c 12-18 12- 8 12-18 12- 8 Y.)— 12-15 12- $4 12-15 common Power 11-13 2 11-30 12-15 11-30 12-15 1- 11-30 25c Public Utilities Co., preferred (quar.) Food Fair Stores, Inc., com. 1- 2 12-15 1- 2 12- 1- 5 1 c 12-20 12- 12-28 12- 4 Gibson common Glens Falls Portland Glidden Co. _' ■_ __. 50c h 12-15 12- 4 5 12- 4 6 6 1- 2 12+ 4 1- 2 12- 4 Class A (quar.) 150c 12-15 11- 12-18 12- 1 Class B (quar.) 150C 12-15 11- Canada, Ltd.— Co. (quar.)__ (quar.) Co., - com. (quar.) —- preferred (quar.) Stock Telegraph — Stock F.) preferred Gordon Class Co. & (year-end) Rubber Co., com. (quar.) dividend Goodyear Tire Gorham -4 (quar.) Co. (special) Rubber (quar.) & Rubber (Canada), Ltd.—._ Mackay Stores, Ltd., class A (quar.) B ,(quar.) Manufacturing Pumps, Inc. 5% • 12-23 12-1' 12-31 1- 4 12- . 12-1" 12- 5c 2% 50c 55c 50c 10c $1.75 $1.50 12'Ac 25c 1 preferred Gould 12-" 12-28 1-15 1- 2 12-26 12-26 1" 1 2- 1 1- 2 12-15 1- 2 12-15 1-2-54 1- 2 1- 2 1-15 12-1.' 12-1.' 12-1: 12-" 42-! 1- t 12-* 12- ll-3< 12- 12-' 12-1* 12"^ 12-" Co. (quar.) preferred (quar.) 25c 1-15 12-L- $1 15c 12-31 80c 75c 12-15 .12-31 12-15 121212- C 11-3' 3% Extra Tire 50c Cement Co. (quar.) Goldblatt Brothers, Inc. (quar.) Golden State Co., com. (quar.) $5 12-U 12-1. $1.25 (quar.) Insurance & (B. 1 Y.) Globe-Wernicke Goodyear 12- 12-2. 1- 2 1- 2 40c 55c 40c Co.-. Tool (quar.) 2 12-15 w preferred $5 (N. 1- 12-11 1- 2 1- 2 $1.23 $1.50 120c $1 — Co., Falls 1- 12-11 Machine Special Goodrich 12-15 dividend) (stock Mines, Ltd (quar.)_ Glens Goodall 2 56'Ac 30c Special Gillette 12-17 12-31 Co. Gold Lewis 12-17 1- of & 4 50c 12-r~ , Cement Co. 4 20c Co. Art Giddings 4% 12-?. 12-2. $1.12'4 !— Corp. 1- $1.05 Motor May 1- (quar.) — (quar.) Yellowknife 7% / yl2-31 yl2-31 yl2-31 $1.25 — (quar.) (initial)— preferred Portland Gold 12-1; 12-1 Co.— ' 15c $4.20 preferred (quar.) 1 jFpod Machinery & Chemical Corp. 3%,% preferred (quar.) Ford Products $1.18% common (quar.) $5 preferred (quar.) common Gerotor 4 40c (quar.) I Co., 11-25 12- 37'4 common 4 12-15 $1 iquar.) Light Co., 2 50c (year-end) (quar.) Corp. 1- 130c (s-a) (s-a) & Burt 4 12-18 50c 10c Power Foote 4 12- 12-15 75c (quar.) (quar.) Florida . 12- 3c 10c preferred Florida 12-15 $3.50 1- 2 8IV4C (quar.) (quar.)__ Giant Baltimore— Fund A preferred 4'4% 4 12-1 12-1: $1.06'A 933Ac Co., Power preferred Giant 30c 1- 2 Plywood Co.— preferred New 12- : •" iquar.) preferred Gerber (quar.) Co., class A pfd. preferred $6 12-31 1- 2 1- 2 $1.06'A iquar.) $2.25 55c Co.— preferred Georgia-Pacific 12-11 12-1.' 50c — (quar.) (quar.) (quar.)— Rubber & 1-2 12-31 55c 59%c (quar.)__ common common 3'A% Field) Philadelphia preferred Tire $4.92 12-24 35c 53c Pennsylvania (quar.) preferred 33A% 12-15 $3.50 class Corp., Georgia Co. Ltd., Telephone 4V4% 12-1.' 2 Ohio—■ (quar.) Corp., 12-1 1- 67'4c of Co. 4'A% 4 12-30 of Co. preferred Time ' of Michigan— (quar.)_. Telephone 12- 1- 2 (quar.) Telephone General net (quar.) of Co. 12-21 (quar.) preferred General from (quar.) Industrial 12-3 40c (quar.) com. 12-3" 12-2 Illinois— of preferred preferred 40c 12-1 12-1 convertible 4 12-1 12-31 1- 2 4.40% 12- 12-1 12-31 1- 2 General 12-11 12-15 50c $1.50 Co. 1 12-22 12- $1,18% Corp., (quar.) 7 65c Building (quar.)__ com. 12- 12-15 12-1: 12- 12-18 » 12-14 25c 72'4c (quar.) com. 12- Telephone $2.10 1 12-;., 12-3 12- 12-13 preferred $1.40 1 5 12-31 General 9 5 12-14 80c 12- 1- 11- $10c 12-21 12-15 2 12-3. 12-3 12-31 12-15 1- 2 40c General 9 2- 30c 12-18 1- 1- . 50c quar.) Co., Castings 4 1-30 2-15 1- Steel 1- 1 1 1- 5 preferred 12- 2- 12-' 12-31 Telephone 12-15 1 15c $2.50 9 1-2 2- $1.25 2.70% 12- (quar.)—. (quar.) preferred (quar.) General Telephone Co. of Indiana— 9 . 11-3' 11-. 1 1- (quar.) General 12- 1- 12-15 12- 84%c 50c 12-15 25C (N. Co. (initial 12-15 12- 1-15 12c ... $1 2 12-31 12- $10c 1- 12-31 12-15 1- 2 $4.75 1 112- 25c ,__ Cement Equipment, General 1 12-22 20c derived Marshall America $6 5-1 1 25c Extra 1 2- 12-15 Realty & Utilities Corp. (quar.) Refractories, common (quar.) General 2- 87'4c (quar.) Extra 12-19 12-17 12- Ltd.— (s-a) preferred 1- 12-15 11-3 12-15 5-25-54 (quar.) preferred Railway Signal General 12- Participating II-30 1- 8 1-30 434% 1- 12-10 12- 2-15 12+3 12-1' 50c 1-2-54 12-11 56V4C +12-30 »-12-1.' (quar.) preferred 2nd preferred 2 12-31 1- 4 1-25 12-15 $1.50 (quar.) Extra 2 12-31 12-1,. $1.25 Precision $2.90 12-19 12-31 * Advertising Co.— Portland General 1- 12-24 ! 12-1 $1.25 (quar.), convertible A 1- 12-24 12- 12-31 933Ac Year-end 5% ! 12-31 25c Printing (quar.) preferred (quar.) Petroleums of Canada, General 4 12-18 (year-end)_—— Insurance (see National Stores Fittings, 12-18 25c 12- 1st Class 11-20 12- 25c (quar.)__ convertible General 12-14 12-15 12-15 50c Inc Florida 1 12-24 35c Fischer & Porter II-16 12- 9 75c _. (quar.)___, (year-end Fire Association First 12-10 12-16 1 12- 2 $1.06'A (quar.) . Flintkote Co., 2 12- 1- (quar. Corp. 4.75% accumulated undistributed Broadway 12-15 1- 12-14 preferred (quar.) Ordinary (s-a) 1 12- ! 25c (quar.) Outdoor General 11-30 12- 40C Class 12-10 12-15 12-15 12- 12-31 ' Corp. preferred $1 11-30 12-14 Motors preferred preferred $1 4 30c Class 12-15 1- 1- 12-15 62'4 C Co. Products, Fund, Financial 12-15 12-31 12- . 12-15 1- 12-21 11-3 12-31 15c (quar.) com. Package Corp., com. pfd. 1st series (quar.) General Paint Corp.— 12-18 ll-3i 12-31 $1 4V2% 12-10 12-15 75c General Inc.— (quar.) Mfg. preferred $3.75 4 2 4 i 2 20c 3%% 75c (quar.) Stores, : (Marshall) Finance 12-11 1- 12- 11- 40c Tarrant Fifty 12-11 12-18 6% 12-15 - r 12- 1- 37Vic $3.50 & Inc., 37 Vie (quar.) Extra 12-11 1- General 5 15C (quar.) Corp. Field 12-10 2 12-18 12-15 50c Co. preferred $3 Fiduciary Trust 12-15 4 12- 5c Year-end 12-15 12- 12-15 15c __________ Quarterly 8 12-15 40c ._ (quar.)____. Products Fidelity-Phoenix 9 $1.75 $1.50 Inc. Works current and 9 12- H5c (year-end) Publications Fibreboard 8 12- 1-25 1- 12-15 15c income) 1- 12-30 25c — Fidelity Manifold 1 5 12- 12- 15c Inc. Instrument 9 1 12- 2 1- 12-15 25c (s-a) Corp., Mills, 12- 12- 1-2 12-15 55c 12- ' 12- $1.25 (increased) Industries, 5% 2 20c common Corp., A Foods 12-15 25c Ferry Cap & Set Screw Co. 12-15 12-21 40c 50c 467Ac 517Ac 31'Ac & Co. preferred 12-28 - 12-1 25c (quar.) common Extra 2'4% (quar.) Shops preferred Co., Finance 1 37'4c (quar.) Co. (quar.) •» 12-1 $1 Electric 12- $5 $1 50c Special 5% 1- 25c (quar.) Dynamics Corp General 1-15 12- 12- 1-4 12- 20c Corp., Controls General 1- 135c (quar.) (quar.) (quar.) preferred 1-29 5% (quar.) Common — $2 pfd. Felt Ferro 1 Corp. ;(Md.)— ' preferred 56'Ac (s-a) Extra 1 12-15 25c com. 4(4% 8 $1.12'/a Fuel Associates, (quar.) 62'4 c Corp. Department Federated 4 12- 25c (s-a) par) 12-15 12- 12-22 ' ^__ preferred common Contract 35c iquar.)__ Inc. United. Common 8 1- 32 Ac — ($100 25c Electric Federal 12-22 2 12-31 (quar.) preferred States (quar.) preferred 2nd Corp. ' 12-1 12-22 55c Extra 6% 12-1 3IV4C 25c .185625 (quar.) _u__— — Federated 12-21 1- Natural Gas Co.— preferred 5% Candy General Cigar Co., $10 (quar.) Inc. Bake Federal Screw 12-18 40c Foods, Federal — ■— 12-15 20c :_ Rubber Extra 1 12-21 » shares held) General 125c Co Frocks, Federal 11-23 — Ltd Fearn 12-15 — — 12-15 50c dividend Fashion 12-18 2 iquar.) (quar.) 12-15 30c I.¬ Ltd. (s-a) 4'A% pfd. (quar.)_S common Metallurgical Stock 12-15 1-15 25c 50c Sulphur & Potash Co. (quar.) — Stock dividend (One share of common 12-18 2 60c dividend Fansteel 4 $1.12'A Mfg. Stock 1 2 12-14 _ Duval Eastern I- 2 (quar.) Fanny Farmer Candy Shops, Inc. 2 1 11- $1.75 10c : Duquesne Light Co., common 4% preferred (quar.)— 4 1- 1 6 1-8-54 (year-end) 1- 120c Fanner convertible (quar.)_ 12-31 30c Mines, A pfd. Extra 10c (quar.) Y.) Players Canadian Corp., Ltd. (quar.) Faultless 2- (N. Corp., 5% 7 25c (quar.) Airplane Corp B Supply, 4% 2 6 1- 50c (quar.) 4% 12-11 1- 12-19 (quar.) 12- 50c (quar.) Co. preference preferred Co. • 11-2 5c preferred 2 12-15 12- $2 1- 30c 2 12-18 25c General 12'4c r. 12- 1- 15c 50c 2%c 7 20c (quar.)___ 12-1; 2 (quar.) 7 12- 2 1- Corp.— Corp., common 1st preferred (quar.), General (quar.) & Film & 7 12-15 1- (quar.) Transportation Corp 12- 12- ; 12- $1.12Vi 12- 12-15 12- Texas— 12- 70c Morse of 2 50c Inc. Co. 1- 12- l 25c c 4 1- 12-15 $$1.38 (quar.) Cable 10c Extra 11-13 25c ! : 12-15 $1.25 87Vic $1.12/2 40c (year-end)— (quar.) ~ Sullivan 5% 11-17 140c (quar.) Extra General $1 (quar.) Co. Co. Brewing 4'A% 12-14 12-15 35c 50c 40c 93%c Dumont-Airplane & Marine Instruments, Inc. Dun & Bradstreet, Inc., common (extra) Eastern 12-31 $1.75 50c — (quar.)____ International Inc. (quar.) 11-19 1- : 15c Builders 130c 1 Famous 12-29 $1 preferred 12-26 12-31 12- Extra Ltd.— (year-end) Products, Falstaff 12-29 1-15 110c (quar.) (quar.)—__.— (increased General 2 1 (quar.) Box 11-16 11-19 1- 1- 2c General 12-15 . 12- Co.— Baking Co., $8 pfd. 12-26 - 12- 1 preferred $2 convertible 12-15 12-2( 1- B General 2 1- 12-14 t30c (quar.)________ General : preferred Family Finance Corp., 12-29 * Co. 5% Falconbridge Nickel 12-23 1-15 quar.) Extra 4'A% 1-15 1-15 —— common 12-15 Aniline A 15c Fairchild Engine & Fairmount Railway Motors 12-10 115c 110c — common Class General and income Extra 12-11 2 135c (quar.) Nemours, 12-18 12-1. $$1.25 common Oil American Class 12-21 (quar.) (quar.) convertible General (quar.) Bearing Fairbanks 1 2 1- 25c de $4.50 Eastern 2- 1- 1$1.75 (quar.) 6% per Year-end Fafnir 1 140c (quar.) preferred 5.20% 2-15 12- 50c preferred East 4 H°c 125c (quar.) (quar.) 12-18 12-18 12-21 40c common Investors preferred Common General (quar.) Products, Co. Insurance Fabricon 9 140c (quar.)—--.;• common Co. $3.50 ' 1- Corp. Excelsior 11-30 Dryden Paper Co., Ltd Du Mont (Allen B.) Laboratories— 4.15% 12-18 12-15 (quar.) — _______ Dravo Corp., 4% preferred (quar.)— Dresser Industries, Inc., common (quar.)_— 3.75% 2 1 t$1.12'A Products Eversharp, Inc., Ex-Cello 4 35c 25c 120c Manufacturing 12-23 Co., American 12-11 12-22 (quar.) $1 Power Acceptance, 12-15 investments) on Wood (year end) Corp., common preferred (quar.) 12-22 1- 1st preferred common Participating 5c stock of Resistor Evans 8 12- 25c B 1-11 11-30 Corp. ' 12- 12-1. 12-14 50c share _ 1-11 12- — Cement Dunhill 12-22 gain & 12-1 79Vic 125c net (quar.) 12-h 4 $1.25 (quar.) investment A common 12-31 4 35c Erie Railroad Co. Erie 12- Extra 4'A% 11-30 12-15 Ltd., common— preferred A (quar.) Drug Co.. 7% preferred 7% 12-11 12-18 12-15 Steel, Douglas & Lomason Co. Duke 12-31 Class 12-19 (reduced from l 12-1 40c Corp. (quar.) (Theodore) & Co., General net Flooring Class 11-28 (quar.) Chemical Erie 11-21 45c 15c — from 3'Ac 4 11-21 __—-- (quar.)___. Monthly Pont 12- 12-15 preferred (quar.)— Dominguez Oil Fields Co.— 5% 2 12-15 12-15 7% du 1- 12-15 4 (quar.) (quar.) Textile Co., Ltd. Dominion 3%% 11-19 2 11-27 12-15 held 100 Co., 1 12-31 1- 6/lOths of & General 12-28 10c (quar.) participating preferred Equitable Office Building Corp. Chemical & extra each 11-28 preference Draper 12-15 12- (quar.)—— Ltd. (quar.) Co., Ltd.— Ltd. Stores, Structural Dragon 12-11 12-15 (quar.)--—————— Investments, Ltd.—-- Dominion Common An 12-11 12-21 4 (quar.)— Dominion $4 12-21 Co. (Juluis) (quar.) preferred (quar.) 5(4% preferred (quar.) 12-28 Equitable Credit Corp., com. (stock dividend) ; A year-end extra of l'A shares per 100 held +$1.25 Dominion Dow 8 12-15 Dominion-Scottish Dow 12- 1- Extra $1 12-18 40c Dominion Glass Co., Ltd., com. 7% fimsco 1- —-—-—— Dominion Foundries & Steel, 4'A% Emporium 8 —______— (quar.)— Corset Dominion 1-15 Capwell preferred 12-31 1- 5c 12- Manufacturing Co. 12- 1- security 5% (derived entirely income) net yl2-28 56(4c 3 v 12-31 1- $1.75 12-14 12-23 — _ Manufacturing Corp. Dodge ordinary from 5% (quar.)_: 1-29 150c (increased quar.)— Co. from 1212- 37(4c 12-21 50c 12-18 5% 6Vic Fund Stock 1- 35c 12-30 28'Ac $5 t30c —— (quar.)— 12-10 $1.65 (s-a)__ (quar.) (quar.) 1 20c Stores Dobeckmun pfd. 7% preferred Inc. 12-15 12-21 net Co. 62'4c (quar.) 12- 15c 50c —— Growth Cup Co. Dixie-Home 12-18 40c 12-15 5% — __ 1-15 62'4 : Emery Air Freight Corp. (s-a) Empire District Electric Co., common (quar.) Empire State Insurance $1.20 Corp. dividend 12-15 1 5c 8 12-18 9.2c from 34%c 15c 12- Ero (quar.) Ltd. 5 25c 1-15 a — :___ Diversified . as —.—— Corp.-Seagrams, Extra Dixie 4 re- (year-end)— Inc. common dividend preferred (quar.)__ Discount Corp. of N. Y._—. Stock 12- preferred 5c 25c (25c 28'/8c General (quar.) : Emerson Mutual Fund, . 4'A % Diversey 12-15 7% 12-18 (quar.) Inc. i (quar.) 25c Williamsport RR. 12- mak¬ (quar.)___ _ 1- 75c (quar.) (quar.) Drug Co., 8% 10% share. 34'/5c Gatineau 2- 20c 12-18 $1.50 37'Ac $1.10 25c 20c — Inc., Distillers & Emerson of preferred $4.50 Extra (64/5C (quar.) "Chronicles" previous Dictograph Products Stock 4 12-3 12-! (quar.) Investors, General American (quar.) com. 1-22 12-18 12-22 preferred f$1.60 4 11-27 2 Equity Fund, Inc.— (quar.) was payment. Diebold, 12- Subject to Commission.) (quar.) dividend in ported Car Corp. above 25c Corp. (quar.) Motor Stores The 12-15 Co., per General (Calif.) common 2nd preferred 25% dividend) stock. B — preferred T 5% 12-30 1- 30c 20c (s-a)— Co., common Alkali Diamond Diana 7 20c of Calif. 12- — 25c class in preferred 4.40% 12- Co.— Giorgio Fruit Corp.— Class A & class B (stock Diamond 12-15 15c approval 12-18 $1.12'4 $1.12'A (Seattle)— 50c class A (quar.) (quar.) (Payable 4 preferred $i5c Garrett 11-30 40c 5% 9 9/10c of convertible 5% 12-10 12-1- 4(4% com¬ 30c 10c 2% Year-end Di 12-15 dividend 12-10 tax E.) Garfinckel Subject 5c _ (stock dividend) Chemical Almy Increased Stock 12-10 75c (quar.) & 12-19 1 12-21 50% (extra l— Corp. Raynolds, B Dewey Corp. 40c Stamping Detroit 1-26 2 4(4% 1-26 dividend) held. Emerson Electric Mfg. Co., com. Co Detroit 5 1- (quar.) 12-31 ap¬ t Detroit Gray Iron Foundry Co Detroit Harvester (quar.) & C. . Denver Tramway Corp., Detroit A Elmira to I. 11-16 5 net dividend Refining, (George A.) (R. i 12-1.' $2.20 profits) 25c Refractories, Mexican Funsten 12- 4 nc investment income and 1 40c Mfg. Co Corp. 12-21 Grande Western— __ 12-15 25c Products 25c Trucking dividend Gas Consolidated Electrolux Corp. Elgin National Watch Co. Elliott 12- 2- (quar.) (stock Co. shares & 15c . 11-30 12-15 12-29 Products 30c $1.14 (quar.) 12-21 50c Class r 12-15 11-30 $1.06'A (quar.) common 100 Controller Electro 12-10 Fundamental 12-29 12-21 1- 12-22 25c Co. a 12-L 12-1 12-15 37 Vic i__ 12-lc 2 5(4% United of $2 Electric Denver-Chicago & 12-10 $1.07 ___, Extra Devoe 12-31 12-31 : Co. $1.62'4 $1.62'A Extra (quar.) common Fuller Less 2- Quarterly 12-11 $1 __.— (quar.) preferred Delta 12-28 $1 (quar.)_ Light— 4.28% 2 92'Ac Co. preferred preferred 12- Frontier 12-15 3 15c Extra 12-15 12-10 12-29 approval Electrical se- 12-24 75c each for Electrical invest- net realized 12- Gary Share & share SEC Electric 12- 1- 50c Power t 3.70% Bond 12-17 12-24 Fresnillo 125c ___— Auto-Lite Co to 12-10 25c 2 6/10ths mon 12-11 l- 25c Steel 12-24 Inc. preferred Gas, Electric 50c from Natural Electric 12-16 Pressed 12-28 $5 preferred 11-20 12-11 Wayne Corrugated Paper Co. (quar.)__ & Kleiser Co., class A (quar.) HolAr 2 2 56>/4C Corp. (quar.) Foundation Co. of Canada, Ltd Franco Wyoming Oil Co Inc. 12-10 12-30 Fostoria 10c (quar.) 12-10 12 'Ac (25c 25c A,), preferred 2 12-21 common Inc. (Thos. 12-31 30c 12-11 10c Common 17'Ac 12-28 1- 75c (quar.) a; Payable of R. 35c Foster 15c Stores, 12-31 1- Fort 12-11 75c preferred (s-a) Ltd. (quar.) participating Paso 12-11 12-28 (quar.) (quar.) preferred ing (quar.) Elastic Stop Nut Co. of America common—. 12-14 curity profits) Delaware El preferred 27c — $4.50 12-15 - (quar.) and income ment 12-28 12-31 Corp Company, Stores, Inc Delaware (quar.) 5% 5 50c Inc. & Dejay A 4 1- 30c (extra) Records, Deep series 12- 1-15 4(4% $1.75 __ — .6'A% 6% 4 common 60c Corp., Brothers Edison 4 12- When share Inc., 35c income ' 4'A% 12- 2 Fund— investment from prior Extra 12-15 175c 37'Ac 57'Ac $1.25 _; preferred Dayton i Co Ltd., class A (quar.) Chemical Corp., common (quar.) 4.60% Decca 75c 93%c Frere, & Davison De A.) ,$1.12Ms 1- Stock Howard Paper Corp., common Edison 2 1- 12-28 Fund— Paper Corp. (year-end) Eddy Paper Co., Ltd., class A (quar.) Edgar Brothers Co. (quar.) 11-27 DWG Balanced Eddy 12-24 Per _ Dairies, 30c Ecuadorian 12-15 (quar.) Foremost 30c Howard & Extra . Name of Company 4 30c (quar.) & 6% 12- 1- $1.50 Quarterly from investment income___ From realized profs, payable in cash or stk. Eaton 2 30c B Eaton 1- 20c Quarterly —50c ■_. Inc. .. Extra Eaton 1 50c (quar.) Cutler-Hammer, v 4 1- $1.75 5% Co., 1- 4- 25c Holders Payable of Rec. 45c Extra Class 1 $1.75 (s-a) Curtiss-Wright 12- $1.75 : Cunningham Drug Stores, Curtis 12-15 IVhen Share (year-end) common preferred (quar.) ! Easy Washing Machine Corp., class A (quar.) 12-15 common (quar.) Tobacco Culver Co., Extra (quar.) Cuban ■ of Company Kodak 6% 12-17 12-29 $1.50 (quar.) l'/o - 5c *"7% Per Name 12-17 $2 $6 -r 12-31 $1.25 (quar.) preferred (quar.) Refining Corp.— Oil Holders Eastman Crum & Foster. 8Co Crystal y?hen Payable of Rec. America— of (2349) 12-21 11-"' $1.25 1$1 tl2'4c 125c 12-15 12-31 12-15 12-15 ll-l'1212- ' 12- 1 50c 12-15 12 25c 12-18 12- 4 : 54 The Commercial and Financial Chronicle (2350) Employees Insurance Co.— class A (quar.) Graham-Paige Corp.— 5% class A preferred (accum.) convertible Grand Granite Grant Corp. Co.. 4'/2% Steel City Common 5>/2% (accum.) preferred Varnish Raoids (quar.) (stock preferred (quar.)— 9 12-29 $ 1-2 - (quar.) 15c 37'/2c — . 11-27 11 11 12- 1- 2 12-14 12-15 12-r< 11-Ju 11-20 ,fl 37 Ac 10c (initial-quar.) ————— Great Lakes Industries, Inc. (quar.) common Great Lakes Paper Co., Ltd., (quar.).. com. ' Class preference Saddlery West Great Western Sugar Co. com. preferred (quar.) Copper Co. 7% Green Cananea Giant Green 5% Co., Entire issue called at 1 Grinnell Gruen (quar.) 12- 4 (quar.)! (N. Y.) Co. Ohio & 12-15 12-10 12-10 12-1 *: \ 12-15 12- 5 1- 2 12-31 12-31 1-4 2- 1 _—- 12-10 12"}2 12-18 1-15 (quar.) com. $5 preferred Power Utilities Co., preferred $4.44 preferred (quar.) $4.50 preferred Quarterly Quarterly _. Ingersoll Inglewocd 2-25 5-21 8-23 11-25 2-20 12-15 Inspiration 11-20 2c 12-15 12-15 11-20 F.) Halliburton Printing Co. Oil Well 11-20 11-20 Co., common 4.50% preferred $50c 1:25c (quar.) Bridge Co., Ltd, Hamilton Mfg. Hamilton Watch Ltd., Co., convertible Hammermill Hanover Bank Cooley .lHartford Hecla (quar.) Heileman (quar.) Class ! ,'Helme 7% prior pfd. (quar.) Motors iHercules Hershey common Chocolate Hershey Creamery (quar.)_I_ (year-end) (R.) Class & Holan (J. Holland H.) Corp. convertible .Home Title Increased $4.25 $4.20 Hoover 12-10 25c 12-21 11-30 $1 12-31 12-31 12-15 1-20 1- Shoe Silver, 1-2 12-15 12-18 12-18 International 1-20 12-10 1- 12-10 4 $1.40 $4.80 1 Interstate 4.70% 12- 1 12-18 12- 1 12-15 12-14 1-15 12-15 12-15 12- 4 12-15 11-30 12-15 12- 1- 4 4 12-18 12-15 12- 12-15 12- 4 1 12-15 1212- 4 Iowa Electric 12-17 Common /06 25c 1-4 12-16 4.80% 1-4 12-16 40c 1- 2 12-7 1- 2 12- 1- 2 12-18 1- 2 Iowa 12-22 12-14 Extra Island Jaeger Jamaica 62'/2c Machine Gold Steel Tea preferred semi-annual Co., 4'/2% & Jones & 12-21 12-10 12-11 12-29 1 2 1-7 1-7 12-15 12- 1 (Ft. 1 1-2 > • 3" • T2-31 12-21 12-23 A %, *i2-30 $1.05 12-30 12-2 $1.12'/2 12-30 12-19 12- 2 5% quar.) 4% 12- 4 2 12- 4 12-21 12-10 2 12-10 1- 1-2-54 12-10 11-25 1- 2 11-30 1- 2 12-15 11-30 Sons 12-15 12-31 12-15 1-2 12-15 15c 1- 40c (special) Corp., com. 12-21 2- 4 1 $1.25 1- 8 50c $1.25 (quar.) 12-29 1- 12-15 12- 7 1-18 12- 2 12- 4 2 12- 4 12- 1 12- 1 50c 1-11 12-31 40c preferred 12-15 12-15 25c 5% City Power & (increased 12-21 12-10 62'/2c 12-18 12- 1 45c (quar.) 1- 2 10% 12-211 12- 1 $1.25 Light l^'S1 12- 4 12-18 Co.— (quar.) 95c preferred" "(quar.) __' preferred; (quar.)__, $1 ■< City Public "Service Co.•La'.lIp,, . (accum.) City Southern Ry., preferred M-,1 (quar.) $1.12'/2 3* l-iiio»,:fcH5 3- 1 3- 1 oL2fl5 2-15 qi com. (increased) 1- 2 12-16 75c 12-15 11-30 50c 1-15 12-31 8 12-15 11-14 12-28 12-10 12-28 12-15 12- 12-15 11-27 12-14 12- $1.75 10c $5c $25c (year-end) 25c quar.)___ 15c ;— 80c Ltd. (interim) 1- 8 12-10 1 4 12-26 12-21 12- 1 2 12- 1 1- 12-30 12-23 2 12-15 1- 2- 1 1-15 1- 5 12-30 12-17 12- 2 4 12-18 12-21 12-11 1- 1- 2 12-18 1- 4 12-11 12-11 12-11 $l'/2c : 12-16 11-16 15c (quar.) A 12-15 12-31 12-15 15c class 12-30 $10c Ltd & Co. 12-31 12-16 (s-a)—$$1.50 1- 4 12-15 1- 4 12-15 62'/2c Investment 1- 2 12-10 Co, (quar.) (increased Co. quar.)___ 40c 11-18 Corp. 45c 1-15 12-31 1-15 12-31 15c Insurance 12- 12-31 12-10 1% Co.___ Title 11-18 12-15 45c , 12-15 75c dividend Va.), 12-15 10c 12-31 12-10 12-18 (quar.) 12-4 12'/2c Lawspp; & Jones, Class'A 1 (Richmond, (stock for each April 1954 2, Inc., 5% Ltd.— dividend), l'/s pfd. shares share held, to be redeemed on Leath & Co., (quar.)—. common & Valley Resumed Sons, Co, pfd. since Extra. 1-11 12-14 12-15 11-30 12- 4 share 11-16 12-15 11-30 1-2 11-27 10c warrants 12-15 12- 1 12-15 Glass Co.— Y., '. common dividend (quar.) class A (quar.) 1 12- 1 (quar.) 9Gc .convertible preferred 1- 2 12-12 37'/2c , 12-15 37'/2c ;___ ___^ Corp. 12- 12'/2c (quar.)_ Products 12-15 +4c Ltd.— bearer 90©-preferred 1- 2 12-12 1- 2 12-12 1- 2 12-12 22'/2c 22'/2c (quar.) (quar.) 20c Extra. 12-31 12- 9 12- 9 20c Park Link-Belt Extra 12-15 4% dividend)___ (stock (quar.) 1- 2 12-21 12-10 60c Industries Co. pfd. <quar.)__ >12-31 $1.75 62'/2c Liggett & Myers Tobacco, 7% Lily-rTulip Cup Corp. (quar.) 3-3 2-3 12-10 12- 1 60c Lion Gil Co. Corp., class . RR., original guaranteed (quar.)__ Lock-Joint Pipe Co., common 8# preferred (quar.) Chain Steel Aircraft 12-31 $1 1-2-54 2-18 2-18 12-21 12-22 20c 12-30 12-15 12-15 3(6- 4 Co. 25c 1-12 5% (extra 1 2-8 20c 12-24 +$1 12- 4 12- 4 12-11 12-31 12-10 10c 1- vl2-14 25c (quar.) Extra 1- 2 8 12-15 20c Ypar-end 5.25% pfd. (quar.).: preferred C (quar.) Dock, 5% preferred 12- 4 (quar.) .12-18 12-4 $1.3114 1- 2 12-11 $1.25 A preferred & 12-15 12-18 35c (quar.) 1-2 35c : 1- 2 12-11 1- 2 12-11 $1.31'A (P.) (quar.)_ (quar.) Co., common (Interim; 12-19 Extra TtJe preferred (quar.) Year-end 3-20 30c 1- 2 12-12 1- 2 12-12 1- 2 12-12 12- 1 12- 1 12- 1 12- (quar.)— 50c 12-15 12-14 12-15 $1 12-15 pfd. (quar.) $1.25 2- 1 $2.50 25c & Exploration Co. 1 Power 1-1-54 4-1-54 $1.75 Los.-Aggeles Investment Co. (quar.) Louisiana Land 62'/2c 62'Ac 40c preferred Louisiana $1 50c i_ Lone'sStar Cement Lorihfird 12-11 111-17 50c 3-10-54 : Coal 1-4 12-15 (year-end) dividend Brewing 12-11 25c $1.10 3-10-54 (monthly) Loev^s,., Inc. (quar.) Loey^ (Marcus) Theatres, Ltd. Loff'Candy Corp. (s-a) Lone.ijtar 4 Co Extra Stoek 12-11 11-30 1- 50c (quar.) Miami Lockheed 5 12-15 12'/2c A $1 convertbile preferred Liquidometer Corp. 1- 50c (quar.) Lipe-Rollway 5% 1-20 20c (quar.) : Liberty Loan Corp., 5% 1-15 30c 1937) 1% 16 of N. preferred Locke 1-5 40c Canada, Libb^Owens-Ford Little 12-10 2- 1 1- 30c of Number B 12-10 1-25 96'Ac (quar.)__ (quar.) Fund Lincoln 12-10 2 1-2 7'/2c 3.85% payment Liberty Fabrics Liberty 1- 2 62'/2c — RR.— first Salt Coupon Class 12-20 4- 10c (quar.) Lehrr& Fink Products Corp. Leonard Refineries, Inc Leverage 12-20 2 $1 (James) Leslie 2 1- 25c Extra Lehigh 3-15 1- .... — (s-a) $2£Q preferred Leece-Neville Co. Lees 1 15c 12'/2c common preferred Los~A$geles Transit Lines (quar.) $1.75 11-14 $1.50 (quar.)_ Sessions Blower Stock Lawyefs Lorain quar.) 12- 12-4 12-15 $1.12'A (quar.)__ Long"island Lighting, (quar.) preferred A — Special $2.25 (quar.) (quar.) Co., 12-31 933Ac Kokenge Co. preferred Kansas 2 1- $1.25 (quar.) preferred 4% 1- 12-22 $1 Bleachery & Dye Works (quar.) Langendorf United Bakeries, Inc. (quar.)__ $1.80 preferred (quar.)__ 5.25% Kansas 5% 12-15 $1.25 Kalamazoo Vegetable Parchment Co. Stock dividend Kansas $1.06'A Steel Battery Co. 3.80%. • •K'vrh (quar.) Laughlin (E.) 12-15 $1.25 (quar.) (quar.) K. 25Q-„„mh,:^3 (quar.) (initial Lamson Machine Common 62'/2c 11-27 2 1- 2 1- 50c common & W. 12-24 8 +$1.50 12-15 50c Joslyn Mfg. & Supply Corp., common 4'/2% preferred (s-a) 12-11 25c ; Co. Co., preferred Kahn i_ 2-1 2-1 25ch ___ 12- 2 Supply Julian $1 Co. 5% 12-16 25c (Brooklyn)— preferred Jones 37'/2c (quar.) (quar.) B 12-31 12-24 1- $25c x$1.75 (quar.) (quar.) preferred 12-31 j6c (quar.) preferred 1-15 Ltd.— 12-15 30c $5 1-15 12-30 2 35c (quar.) Jessop 25c Mines, (quar.)_ 1- 37'/2C common Extra 5% $1.50 pfd. Service, Water 33A% 8 1- 12-4 12-30 50c (quar.) (quar.) Loan Stock common 4% 11-30 12'/2c (quar.) Co., Co. Public 12V2c (quar.) 12- capital (quar.) Inc., preferred Jewel 25c 12-15 12-15 12-28 60c 12-21 1- $35c 1-15 12-31 (quar.) 2 8 11-30 :i Co.— 12-24 12- 3Id'™ 12-21 stock. 12-15 12-18 60c 11-30 30c Coal Heintz, Jamaica $5 1 "'■> L3eiJbr12-21 14c from 1-4-54 2 12- 1 59'/2c A (quar.)__. preferred B (quar.). Jamestown Telephone Corp.— 5% 1st preferred (quar.)_ 12-10 12- 12-15 12- $75c or & Power 12-15 12-18 (quar.)_ Inc. payment cash 2 income) (from Fund, 1- 10c preferred & 7% 1-25 12-21 35c -'fvii-ii. (quar-.) Creek 11-25 12'/2c ' ; 11-25 12-15 4 $1.10 12-15 50c 1 12- 82'/2c 12-15 12-10 Light 12- 12-21 2'A% -'hi Ami income Boston above 12-15 16c 583Ac & Light Co., common preferred (quar.) preferred (quar.) Irving Trust Co. (increased quar.) 50c 2-15 50c Power (quar.)_ 12-21'- 12-23 3.30% common 50c of preferred $6 53Vic 12-10 1-15 4.40% 12-18 7 preferred the 2 1- 12-23 (quar.)_ Ltd.-— (quar.) gains, payable in 4 12-31 of 1-15 12-10 " Management 2- 1-2 12-11 10c (quar.) Lanett 12-10 1 (quar.)_ common B Lane-Wells 12-11 62'/2C (quar.)__ America— Trust 2 12-23 ■ conv. Investors 1-2 1- 12-16 12-15 25c Foundation, Investment 38c 35c (quar.) (quar.) of 2 $1.20 Mills Co., investment Special Investment 6% (quar.) com. (quar.) Co. net From 1- 2 $1.50 (quar.) $2.50.preferred Lau 1- 2-1 35c (quar.) Extra Lear, dividend Investment 11-16 12-15 Hosiery preferred Stock 25c (quar.) Power Intertype Corp. 433Ac (quar.) (quar.) Department Stores 12-18 12-18 preferred Co. Corp., preferred Interstate 60c Corp. preferred Bakeries 12- 1- 2 12-15 7% Utilities convertible Interstate $60c $433Ac (quar.)__^ International Textbook 1- 1-4 (quar.)__ common_.L (quar.) (year-end) Co. 1- 2 2-1-54 Ltd. Corp. Co. International Jack (quar.)__ Guaranty Co. preferred preferred Products Salt 5 7 ; Co., Co., Ltd., (quar.)_._, International 2 pfd. (s-a) (quar.)__ 12-15* 10c (quar.) (Alfred), Inc., Lamson & common Petroleum Power International 4 v yea£en? Hooker Electrochemical— r 11-23 12-15 1 12- Holophane Co. (quar.) Home Telephone & Telegraph Wayne), 5% pfd. A (quar.) 1 Class (quar.) preferred 12- Quarterly Hollingsworth & Whitney Co. $4 preferred (quar.), Holly Sugar Corp., common (quar.) 5% Lambton 12-11 1-15 7% 12-22 common Co. 12-11 1- International 12-15 (quar.) Consolidated 2 Ltd.— 11-30 12-24 12-31 20c (interim) Mines, 12-30 Canada, 6% Default Lambert 1- 11-30 12-15 $2 12-15 $1 12-15 12-30 60c (quar.) 1-15 — 1-11 50c common (increased Co. 50c Corp.— 12-14 1-22 12-15 1- 2 Co. (quar.) com. t25c 12-14 2-15 12-31 Gas Lake Shore Mines, 11-20 25c Furnace Hollinger Lake 11-20 5c (quar.) Corp. 4 12-21 $1.35 (quar.) Co., Inc., 1- 12-11 1 $1 preferred (Calif.), Co. 12-21 dividend preferred International Laclede*Christy 1- 2 12-21 Stock $4 Ltd., Co., (quar.)____ Industries 37'/2c Chemical of 1-28 5 10c 1st preferred (quar.) 40c Paper (quar.)_ A Radio Co., Co. Paints, com. (quarT) (quar.)____ Hinde & Dauch Paper, Co. of Canada, Ltd.— Quarterly Hoe Laclede^Steel $1 12-10 25c Hibbard, Spencer, Bartlett & Co Hlgbie Mfg. Co., 5% conv. pfd. Hightstown Rug, 5% prior pfd. Hoffman Products 1 2- 50c Extra (quar.)_,.___ Nickel International 12-10 50c Inc. Laclede 7 10% 1-11 1-11 25c Extra Hewitt-Robins, 1 12- 11-20 i/i»®iy4c (quar.)__ Co. 12- 12-18 12-18 25c (quar.) Corp., 12-15 1-15 433Ac Products Corp., preferred A 60c $1.25 ____ 12- 1- 12-21 4 $3.25 (s-a) non-cum. Mines, Ltd. (John), Ltd. Labatt 12-21 50c Extra 4y4% • 12-15 (quar.) 25c Co. 12-16 12-30 2%% preferred 50c Steel Luz 75c 11-27 10c (quar.) Corp. Powder Hercules i Common International common common preferred France La 60c 11-27 2nd La 11-23 75c Extra jHercules '7% 1 12-16 1- 1 20c 12- 12-31 4 15c dividend & $6 Creamery 1-4 (s-a) 12- 1 $2.50 .__ Rubber 40c Inc. 12-15 1- 25c Co., Kroger Co., 6% 11-23 12-15 Mfg., 1 Corp. Cellucotton gains) ; Corp., R.) 12- 12-21 433Ac A (quar:)__ii_a,iu common Corp. 1 11-30" of Year-end 12-21 30c class (quar.) Cement 1- 12- 12-30 38c Co & Co., Inc., com. (quar.) preferred (quar.) Kroehler Mfg., 4'/2% preferred 4'/2c 11-25- 1-14 from special 4% t35c 50c Hercules - Machines realized a Koppers t50c 50c ; Co., 12-15 1-15 12-15 12-15 30c (G. Kleinert Year-end 22'Ac Co new 4 Quarterly $1 (G.) A 10c net and Special 12-18 7'/2c ._ Publications, (George W.) 12- 8 5c Kinney 12-28 50c Co. (quar.) (year-end) preferred 12-22 1- 1-15-54 "B-l" (55c Extra 3 2- 5 50c (quar.) Rubinstein, 12- 12-10 2-15 $1 Brewing Co. (quar.) Hein-Werner Corp. (quar.) Heinz (H. J.) Co., 3.65% pfd. (quar.) Helena Business 11-30 $1.12'/2 ______ : Glass Mining inc.) Corp. (year-end) Steamship (year-end) Interlake Interstate preferred Consolidated 12-15 Kinney (year-end) 11-30 5c Hazeltine Corp. Hearst Int'l Corp. 12-15 31'Ac (year-end) Electric 12-20 Iron 12-15 37'/2c (quar.)_ Commercial & Sugar Hawaiian Interchemical Interlake Minerals 12-15 from Fund "K-2" income (Walter) 5c Harvester 11.37'A Corp. Hazel-Atlas 1-2 1-2-54 8 8 75c income) Fund Kingston Products Corp. $3 20% 40c ■Hastings Mfg. Co. Hawaiian 1 1 14- 40c * 4% convertible preferred (quar.) Kings County Lighting Co. 4% preferred (quar.) ! Kingsburg Cocton Oil :___ Kingsport Press, Inc. (quar.)___ 12-28 12-16 12- $20c (quar.) Bond investment Growth Kimberly-Clark Fund: Certificates, International $1.25 Gas Harvlll (from Investment net investment Co.— Inc. Mines, Ltd. (quar.)_. Keystone Pipe & Supply Co., $5 pfd. (s-a)__ 12- $12'/2c - (s-a)___ dividend International Co. $4 (from America— $20c (quar.)___ common Co., common preferred (quar.) 8% of North 12-15 $1.50 (quar.) Hartman Tobacco Keystone $2.70 1- 7 2 1-15-54 15c Keystone Ltd.— 12-15 Co,— (quar.) convertible & Co. International (quar.) Carpets, Ltd 4V2% 12-10 12-28 1- 12-18 , 25c (quar.) Oil Knudsen Fund, 4 $1 Harris (A.) & Co., 5'/2% pfd. (quar.) Harrisburg Steel, new com. (initial quar.) Hart 1- 2 ordinary income and 2'/2c from security profits 15c preferred Chemical 12-24 11-12 12-18 11-30 12- 4 6c Copper Insurance 1- 4 15% preferred 12-14 1- 2 from 12 '/2% — Co Refractories Corp., Inc. Shares, Institutional Stock $1.06'A __— issue Institutional Institutional International $1.12'/2 —_ (quar,)—_____ Y.) (quar.) dividend Harnischfeger 1-15 Ltd. International Winkle-Munning Harbison-Walker 1 $1.03'A (accum.) 4 4 15c 2- 12-28 4 12- 35c Co. Extra 1 12- 12-15 $2.25 (quar.) Key Company (year-end) Keyes Fibre Co., class A (quar.) Keystone Custodian Funds— 12- 12-15 12-15 12- 60c 1-15 $1.50 Shares 2-23 $1 common 12-11 Year-end 12-10 25c (quar.)__ (quar.) Co., 2- 1 20c common Utilities 12-31 12-1 12- 1 12-15 2 12-19 $1.25 Co. 12-1 11-30 1- 37y2c (s-a)__ Kewanee 12-28 12-15 1-2-54 37%c 4-15-54 11-19 12-11 12-28 12-28 12-21 $1.12y2 (quar.) 12-15 12-31 $62'/2C $$1.25 $$1.06'A $37'/2c $50c 32c 12-15 5 50c (quar.) Gold Kidde 5 1- $37'/2c Extra $$1.25 (quar.) (quar.) Kerr-Addison (extra) Consolidated Institutional 4% common preferred Kerite Co. (quar.)—___; Co., 6% preferred Gasoline $12'/2c (quar.)__—____ (N. pfd. 1- 2 1- Common Kentucky Tool, Ltd. & J25c pfd. preferred dividend Hanson-Van 5% 12-10 Paper Co. preferred preferred 2nd 2 56'Ac (quar.) Co. 1- 35c ___ (quar.)_. 5% 6V2 % 45c 3-10-54 —_ Cotton, 1-2 2-1 5-3 12-10 35c (quar.)_— ____________ Extra Hamilton 3-1 6-1 Ltd; (quar.) Copper Corp. (year-end) Stone Co., common (quar.) Kennecott Kentucky 12-19 1 1- 35c preferred 12- 4 5% 4 12-15 12- 87'/2c Extra 4Vu% 1-5 12-15 20c Co., 12-15 12-15 Ltd.— Rand Insuranshares $20c _—_— ____ Cementing (quar.) Haloid Hamilton (quar.) A Stock 12-15 12-is Canada, 11-23 Extra — _ Class Insurance $1.11 11-20 11-30 of 11-30 12- 37'/2c 13c — 11-20 12-15 Kelvinator (quar.) $1.25 $37'/2C 110c — 4 (quar.) 35c (increased quar.)___—_ 11-27 1- 2 Co.,'3'/2% preferred Kelsey-Haycs Wheel Co._z. 12-18 —— 12- 12-15 12-18 25c 15c 5% preferred (quar.)__________—______ 4'A% preferred (quar.) ________—__— 5% preferred ($30 par) (quar.) 5% preferred ($40 par) (quar.)_. 1-15 11-27 J50c __ Ltd., common (quar.) ; A Harshaw Industrial Acceptance Corp., 2- 12-15 Kelley Island 12-18 12-31 2 4 25c 5% (quar.) Incorporated Investors Indiana & Michigan Electric 4'/a% preferred (quar.) 12-15 $1.12,A __ __ Brass, 5% RR. 12-15 Gypsum Lime & Alabastine of Canada, Ltd.— 6% Central i_ — (quar.) Lime & Transport 10% Imperial Life Assurance Co. (Canada)Imperial Tobacco Co. of Canada, Ltd. (quar.) 4 25c 12-31 : - — Ingersoll Machine $1.10 (quar.) Harding Extra 12- 25c 11-23 —— 2 25c 50c (quar.) 4 1- 12-11. 40c 2- 1 dividend)—. 12- $1.25 Kellogg „ (stock 2 (quar.)__ 12-18 (quar.)_ Co. Brick Industrial Silica, 30c $1.05 (quar.) Stock Co. Cement 12-15 $1.16 (quar.)__ (quar.) Stock Breaker 1- $1.12'/2 50c Circuit 12- ,$1.06'A 15c — 2 Co. 12~2;* 12-11 1- 4 12-30 12-11 1- Co. Tool 12-11 28c (quar.) (quar.)__ Extra of Rec. 1-2 (quar.) Kayser (Julius) Co. (year-end) Kearney & Trecker (quar.) Keller 2 1-2 (quar.)__ Co. 1- Holder§ $1.07 $25c (quar.) Extra Illinois , Drug 50c (quar.) & preferred Kawneef (quar.) Payable $1.12'/2 Light, common preferred (quar.)_ 12-31 $$1.50 $1.25 Corp. (quar.)_ 5% pfd. (quar.)_ Co., common (quar.)__ preferred 5% /preferred Katz Co., When Share - Electric Power 4'A% J2",® 12-21 12-15 50c dividend 12-15 12-15 $1.25 3-i2-54 ______ common preferred 4'A% Door 1-15 9-10 (initial)— Mortgage 1- 2 1-15 $1.25 (quar.)— $4.40 4'/2% Erie 11-30 $1.25 ;— pfd. $4.20 4% & E. Ideal 4.28% 15c 12-14 6-10 12-22 t$l & preferred Kendall Hydro-Electric Securities Corp. 5% pref. B (s-a)_ T. 4'/2% 30c 11-30 3-12 60c Inc Huttig Sash & I. Gas 4'/2% Ltd.— Co., Per Name of Company 12-11 1- 4 1- 1 — Co. 12-28 20c - Production Foods, 11-27 1 25c 1 12-10 12-11 $75c (accum.) Extra Hunt 12-14 $1.25 ____ (quar.) 4.64% Gulf States • Hugoton A (quar.)—-———. ! 12-21 50c (quar.) Inc. Quarterly Common 12-21 50c 12-22 12-22 12-28 31'Ac (quar.) class Mining & Smelting 12'Ac 50c (quar.)__^__,._—— RR. (quar.) preferred (W. Bay 50c _ $5 preferred (quar.)— $5 preferred (quar.) Hall Hudson 75c — ______ 25c 62'/2c (quar.) common Co. Ltd. (Harvey), 25c —■___ ■- Insurance Common Class Motors Co. 20c Co. _ Mobile Hahn Felt 50c Co. Trust Corp. » Electric $1 Extra , Gas 20c - Watch $1 $1.10 — Year-end Stock 12-18 12-31 1-2 1- 2 50c — (quar.) - Gulf Life Gulf Natural Hubbard Illinois — ________ Products Extra $5 12-18 $1.50 25c $1.06'A 37>/2c 37'Ac — Guaranty Gulf 12- 1 Jan. — (quar.) Store Extra • (quar.).. com. (quar.) Corp. 1 it 12-30 $1 +50c 30c $1-75 $1 $1.25 (quar.) Extra Grocery 12- 1 \0~ Inc., 6% preferred. Griesedieck Western Brewery, preferred — (quar.) Hydraulic Press Mfg. $107 per share plus this dividend 5% 12-Ji $2.50 (quar.) for redemption on Greyhound Corp. common 4'A% preferred (quar.) 12-17 12-31 12-31 12-31 12-31 12-10 12-10 60c 933Ac (quar.)__ (quar.)___— preferred Howell a +31V*c (year-end) preferred Greenwich Water System, k Corp., common preferred ($50 par) (quar.)____——5% preferred ($25 par) (quar.) — Houston Oil Co. of Texas (quar.)_____—___ Huron Ltd-i Co., preferred (quar.) preferred (quar.) Houston 12- 8 1-11 +3Uc 10 preferred B Great 1-15 12-21 J40c (quar.)_ (quar.) . Great Lakes Power Corp., Ltd.— 5% 1st preference (quar.) Great Northern Iron Ore Properties, certificates of beneficial interest (year-end) Great Northern Ry. Co.— Non-cumulative preferred (quar.) A Class . preferred Finance Hubbell Y.)— (N. Co. Insurance 12- 2 12"24 12-24 93 Ac 25c 25c (quar.) Gray Manufacturing Co. (quar.) Great American Indemnity (N. Y.) New 1-2 1-15 1-15 1-15 1-15 12-22 (quar.)— common 5% 4Ve — preferred (quar.)__ Drug Stores (quar.) American convertible 3%% 4% Corp., . Household 4.40% preferred (quar.) (W. T.) Co., common Great i-ll 12- i 12-^8 56'Ac 50c Houdaille-Hershey $2.25 12- Co _ 33A% Gray l^-io 12-17 12-17 1- 4 12-30 25c Kansas Kansas 30c 12-15 12-10 12- 1 (year-end.) Mfg. Extra 1- 2 2-1 12-18 1-15 Co.— dividend) Union Grand 62 /2c 31'Ac 10c 56'/4C 11-25 Holdert Payable of Reo. Share 30c Inc. Hoskins J2"2* 12-15 fM« t25c Grafton & Co., Ltd., 5% of Company Horder'S, Quarterly When per Name Payable of Rec. Share Company Holdert When per Name of Government ; Monday, December 14, 1953 " "■ t. .. . & Light, 4.96% 1 1-11 Number 5281 Volume 178 . The Commercial and Financial Chronicle . . Share Company Louisville Gas & Electric 5% preferred 5% preferred Lowenstein - ($25 pan ($100 (M.) & Sons, Mfg. & Sales Ludman Corp. (quar.) Stock dividend Lukens Lux Clock Co. Mlg. Trucks. .ciass Macy Lytton & Co. tc b 2 2 Class 12-15 1- 12-15 12-15 Paper Bloedel, Red Magnavox Lake 12- 1 4 12-28 11-30 12-15 12- 12-15 11-13 12-18 2 12-18 Extra 1- 2 12-18 Minnesota Power 12-28 12- .1 $12 (4c 12-31 12-10 $12'Ac A : 12-31 12-10 40c (quar.) 1- 2 12- Maine Public Gold Co., shares Rubber Corp., Ma rchant Calculators, preferred (quar.)— preferred Basket 1- 4 12- 1 1-15 1- 2 - 12- 2- 1 1-20 1- 2 12-18 1-15 12-31 $17'Ac 4'A% 2 12-18 1- 5 12-15 15c 52'Ac Investors 12-31 12-31 12-31 2 12-11 1- 39c out dividends of 27c Conveyor Co. (quar.) —— Chemical preferred Corp., (quar.i Navigation Co. 12- 12-18 11-25 $1.06'A — 30c (quar.) 30c Extra Participating (J. W.i, ___ . Inc. 1 212- 12-15 12- 1- 4 ■' — Company, common 12-15 1212- 15c (quar.) 1- 2 12-16 : $1.50 1- 2 12-16 $1.37'A 1- 2 12-16 $1.25 1- 2 12-16 1- 1 12-10 preferred (quar.) 5'A% McCord preferred Corp.. $2.50 Stores Corp., McCrory (s-a) — 12-30 12-28 convertible preferred (quar.i — Corp. (quar.) Co. (quar.)—— Aircraft McDonnell 88c 25c 12-28 Publishing 12-31 Machine McKay The :— extra here tended for (Arthur McKesson & McKinney McLellan McQuay, Mead & G.) Stores (quar.i Co. — (quar.) — preferred 5% Inc., Telephone, Portland preferred 5% 2 4 12- 1- 2 Cement— - 12-31 12-18 1- 12-31 Co., Stores Extra & Co.. Inc., preferred 12- 12-26 2 2 2 2 50c 12-18 12- 1- Metal dividend Forming class B (quar.) Textile Corp., Participating Metal & 12-21 Metropolitan Brick Co. 15c (quar.) Extra Metropolitan Edison Co.— 3.80% preferred (quar.) 3.85% preferred (quar.i 3.90% preferred (quar.i 4.35% preferred (quar.i 4.45% preferred (quar.) —— Miami Copper Co. (year end) 1-12 12-17 1 12- 96'Ac 1- 1 12- Michigan Surety Co. Extra 97'Ac 1- 1 12- 1 12- 1- 75c Middle South Midland $2 8% 5 12- 12- 1- 7 1-11 1-11 12-14 dividend 35c shares preferred Midvale Company com. 4 12- 4 2 12-15 20c 1- 2 12-15 59 %c 1- 2 12-15 .— pfd. 1- 12- 30c 12-23 12-10 50c (quar.) 12-23 12-10 1 12-18 62'Ac — 1- 12'Ac (quar.) preferred preferred (quar.) 1-29 1- $15c 62'Ac . 2 1 8 preferred 9 1- 2 , 12-15 12-15 11-30 preferred Niagara Niles-Bement-Pond Co. Noma 12-15 changed to North A common (stock Class B common (stock dividend) 3 12- 3 15c 12-21 12- 1 3% 12-15 Northeast 12-31 Northern 1-15 12-31 4.56% 37'Ac 1-15 12-31 4(4% 50c 12-24 12-14 Northern 12-10 5(4% 15c 1- 2 50c 12-22 12- 7 15c (quar.)— 1-15-54 1- 5 Natural 50c (quar.) (quar.) 75c r 1-15 1-15 prefererd (quar.) (Detroit) (quar.) Ohio 12-31 12- 4 Ohio 30c 12-15 11-27 12-15 11-27 1-15 12-15 11?30 15c 12-31 12- $1.06'A — 2- 12-15 11-16 1 common 75c —— 15c 1- 2 12-19 12-15 12- 12-15 1- 2 12-15 1- 4 12-14 $15c __ — (quar.) class preferred A (quar.) Linen series 1- Service Radiator Rubber National Screw & Co. 12-14 12-12 12-15 11-30 35c 12-15 $25c (quar.)— com. I- 4 2 12-14 1- 2 1- 2 Income vestment 12-10 Telephone 12- 30c 12-15 12- 5 12-15 12- 5 Co.— 2 12-21 12-15 12-15 preferred (quar.) $1.11 1- 2 12-15 Water Ohio Olin 4% preferred 11-20 1- 5 12-15 1- 5 2 12-16 1- 2 12-11 12- 4 12-14 12- 4 20c 10c 12-31 12-18 20c 12-24 11-14 $1 15c $1.12(4 12-31 12-17 2 12- 4 1-30 1-15 50c 25c 12-28 12-10 12-23 12- 7 America— Oliver Corp., 4(4% A (quar.) (reduced) common preferred Inc. Omnibus . (quar.) Filters, Class B (year-end) (quar.) Oneida, Corp. Ltd., preferred 30c 12-18 12- 4 1- 4 12-18 1- 4 12-18 12-15 12-15 11-30 Loan & Ontario Steel Ltd Debenture 5 12-18 12-15 12- 3 12-15 12- 3 12-15 Co' $25c 12- 12-24 12-14 { 50c 12-24 12-14 {.National 12-14 r 12- 3 35C 12-18. 12- 3 l/10c preferred —- income a County 2-15 1- of National (quar.) Steel Car Corp., Ltd. (quar.).*.*— - 50c r'l- 4 35c Co. (quar.) National Starch Products, Inc. preferred $3 2- 12-15 Pabco 4% $37'Ac 1 1-30 yi-15 12-15 pahct 1- 2 12-21 12-26 (quar.)—__ 35c 5% 12-26 20c 12-21 30c 12-15 Manufacturing Co. dividend Owens-Corning Fiberglas Corp Oxford Paper turn of capital. $1.40 17(4c r— Co re- " Standard (quar.) Telephone 2 2-15 Manufacturing Co., new com. (initial) Stock Osborn net in¬ except for $.0001 Mfg. Orangeburg from investment capital gain— 4 125c $$1.75 (quar.)_— Corp. Opelika from 1- Products Co., Ltd.— (quar.) Extra 7% 1- 140c Common Co., common Products, Inc., com. preferred >(quar.) Bre^dnT Stock Co. dividend 12-18 37'Ac ^ 11-30 6c Ontario 1- 2 $5c (quar.) Ontario Jockey Club, 1- 25c 31 (4c common.— 6% 12-15 1- of Corp., common (quar.) preferred (quar.) Industries, common (extra) 12-15 12-15 Co. Town 40c Omar, 5 12-11 12-14 (quar.) Insurance Oliver United 1- 37'Ac 12-31 25c Co. Extra Old 4 1-11 (quar.)— Quarterly 4 1 j-j*' preferred 25c Life Line 12- 2- (quar.)_; Service Orange 5 9/10c 7 2 12- lie National Income Series which is 1 12-15 75c 1-2 and 12- 1 12- 8 2 12-18 50c income The above distributions are from 11-20 12-18 Series, income 11-20 25c Investment 2 12-23 1- 12-18 Securities Series— From 1- $1 1- 4 Growth Stock Series: 2 12-11 1- 1- 4 50c — National 1 1- 2 1-26 35c 30c 12- 15c ' (quar.) (quar.) Extra 1- 75c $1.10 12- 4 15c (reduced)— (quar.) Machinery Mfg. Co. $1,467 (quar.) 97(4c 2 $1.25 preferred (quar.)— .5% National 8 (quar.) 1- 20c common— preferred (quar.)— National Presto Industries, Inc. 12- an¬ preferred 1- $1.12'A Corp. 12-29 5 from - Co. 3.90% Co. 1-2-54 $1.50 (quar.) B 45c (quar.) per stock 12- 4.40% preferred Edison $1.75 Extra 6% (5(4% — Consolidated 6% Ohio 25c (quar.)— Co, common 12- 5 25c $5c $17c B Lead 12- 5 12-30 Casualty Insurance (quar.) 2% (quar.) class A 12-30 Co Brass Ohio 1 2 $37'Ac 35c (quar.)— , Ltd., 12-22 12-21 28c Co 45c dividend 1-11 40c Extra Old (Hartford)— (quar.) Corp. 12-28 4.44% 1 40c 55c Y.) Co. 1-15 22'Ac of Oak Mfg. Co. (quar.) Ogilvie Flour Mills Co. Ltd., 1 11-30 30c 25c 75c Ry Leather 12-15 12-31 12- 11-30 com.— Co., common Oahu $1.75 — Co., 12-11 12-15 12-19 12-15 1953 to Dec. 31, 1953, inclusive) Sugar 12- 9 12-19 2 (quar.) value par Pacific Northwestern 12-22 Gas the Sept. 25, Northern 12-18 1- (quar.) preferred on 1 9 — Public Service preferred ($100 par) num 1 1212- 75c Corp.— Capital Indiana preferred conv. 12- 12-18 10% Corp. $3 pfd. (quar.) North American Refractories Co. (quar.) 1-15 12-21 2 12-15 37(4c 34%c American Rayon 12-31 1- 12-15 Investment— preferred (quar.)— 5'/2 7» preferred (quar.) 6c 12-15 12-15 15c 10% — 6% North 12-31 50c 15c dividend) 12- 12- 1 Corp. preferred (quar.) Cement, class A (quar.) American 11-30 12-15 12-31 10c — Car 1 12-30 17» __i— common dividend North American 10% Oil & (quar.) Acceptance Corp.— Class $1.75 Gypsum Co., National A 42(40 $8c 25c Corp. 4 . Gas 12- 12- __ Insurance 12-14 12-15 American North 12-14 11-19 convertible $2 12-21 12-21 12-19 12-15 12-24 12-15 50c 12-15 4 30c (extra)——_ 35c 12- 3 1- $$1 (quar.) 45c 4 (quar.) B — 12- 3 1- (quar.) Class 4 12-10 12-15 Co. 4 12-22 12-10 12-15 25c 11-12 12- 12- 1 12-24 35c 12- 12-17 12- 1 12- 1 12-31 15c 12-15 4 12-31 12-31 Ltd. American 2 2 12-1 15c North 1- 1- 1 1-27 12-18 40c 12-17 (quar.) 7% 4'A% Chemical Class 1- 12- 12-15 12-14 Northeast Capital Corp.) Stock 12-14 12-17 12-10 1- 85c (quar.) Co. (quar.) Electric Corp. (name 12-14 50c 2 12-23 40c (quar.) Spring Sag 12-14 50c 12-4 75c 5 $1.18% 12-18 90c 97'Ac 75c (quar.)—— 12-15 90c Extra 5 11-12 ir-so 2 $1.50 Share Corp. (quar.)— Engineering & Research Nichols 1- 12-15 11-30 1- $1.06(4 (quar.) 1- 25c 12-31 9 5 20c (quar.) No 1- 12-14 1- $1 3.60% 40c (quar.) (N. 12-11 Shipbuilding & Dry Dock News Niagara Alkali (quar.) Niagara Fire Insurance Co. (N. Y.) Niagara M'ohawk Power Corp., com. 3.40% preferred (quar.) 30c (extra) Bank 12-11 93 %c Year-end Norris-Thermador Co $7 2 50c Extra common Co. 12-4 1- 12-22 50c E*xtra 26'Ac common 2 $1.50 Corp! (quar.) : Register Co. Fire National 12-22 $2 ; 1-30 12-15 37'AC (quar.) common 6% Newmont Mining 3.90% „ Container 25c (quar.)_ (quar.) (quar.) 12- 2 1- City 9 1- 20c (year-end) pfd. (quar.)__ Co., 2 1- 20c gains) Casualty Stock 4 12-15 $1 Inc. $1 conv. Products 1- t$1.75 (quar.)— (quar.) Biscuit Co., 12-22 1- 11-27 20c Utilities. +$1.75 National Hosiery Mills, 9 50C Oil Corp., Steel 12- 12- 12-15 15c Year-end Midland 1 12-22 20c Co Co. Newport 4 dividend National 4 15c Products 4 12- Quarterly 4 1- $1.11'A __ Mickelberrys Food 4 12- National Grocers, Ltd., common $1.50 preference (quar.) 4 $1.08% Michigan Bpmuer Corp Michigan Gas Utilities Co.— Products (s-ai 12- 2 2 City Lines (quar.) 4 50c Michigan Steel Tube 2 1- Inc. 12-11 2 (Ohio) 1- 12-15 Corp. National 1- Newark Telephone Co. 1- Corp. (quar.) (resumed) Co. 5 1- 50c $25c (quar.) Kelvinator Corp. 1- $1.25 ! t25c Aviation 4 95c (quar.) 1-15 Airlines, 11-23 1- Co. $40c dividend) preferred National 11-23 12-17 4 Trust (quar.) (increased quar.) Inc., System, 4(4% 11-21 1- 25c York Newport Electric 3%7 preferred (quar.)— Newport Industries, Inc., common 4(4% preferred (quar.)— Ring 11-27 93%c 4 Texas 12-11 12-11 Gas & (quar.) Extra 6c Co. National 12-10 25c New Electric preferred 12- ' Class (extrat State Y. 3%% 2 Acme common- Corp. of (stock 12-10 12-21 1- 5c Thermit Corp. 2 2 $2 1- com. 11- 1- 2 $1.50 $20c of America, preferred (quar.) 12- 1 11-27 2 $2.50 (quar.) Ltd. Corp., com. (quar.) National Distillers Products Corp.— 12-16 10c : Extra Metal 2 62'Ac (quar.i 12-15 prior preferred 7 C.) 1- RR.— 12- National 4 10c Co. 6% 30c 7 1-11 12- 1 12-15 (accum.) 2 (quar.) (extra),.. Inc. Piston 12-11 25% Hartford & 1- National 12-11 1- Haven preferred series A $1.75 National 12-11 1- New conv. 7 Co., common preferred (quar.) National 12-11 1- $1 T Linotype (quar.i Scott Corp.— Machine Mesta Line, Stock Merrit-Chapman & Stock preferred National 12-14 1- York, 30c National Cash 4 20c -1 2 _i capital 11-20 $1.06'A (quar.i preferred (quar.) $4.25 preferred (quar.i— 1- 22'Ac Manufacturing Co. (quar.) 4 12- 12-15 87'Ac (quar.) common $4 Mergenthaler 12-23 12-31 25c 25C $1.25 (quar.) Inc. 12-15 (73c from ordjnary income and $1.02 from 11-30 12-7 12-15 Norfolk Southern Ry. Co. (quar.) Normetal Mining Corp., Ltd 4 25c Mercantile 12-15 15c National Casket Co., $30c (s-a i Mengel Company, common (quar.i 5% convertible 1st preferred (s-a)___— 2 — 1 National Distilleries, Ltd.— participating preferred 1- $1.50 (s-a) 12- Rational 12-11 1-29 62'Ac 12- 7 $1.1834 12- National 12-15 2 12-15 $2.50 common 11-23 12-15 2 1- 12-10 1- (s-a) 12-14 12-15 15c preferred 25c Natco 12-15 IT- 7 2 75c Noranda Mines, Nash 12-11 2 2 1- (increased 12-15 Muter 1 1- 10% 5 2 — Muskegon 12-15 12-31 12- 2 Extra 12-21 60c (s-a)—_ dividend $3.50 1- 15c (quar.) — Stock 50c 25c (quar.) 1- i2- n 1- - RR.— 12-19 6% 12-14 12-15 1- Extra 3c Louis $3.50 Mutual 25% Co. & Medusa Merck 12-21 62'Ac (quar.)_ St. Nopco Murray 12-21 4 60c Co Extra 6% 4 & 12-12 4% of $1 previously re¬ incorrect. It was in¬ Mclntyre Porcupine Mines. Robbins, Inc. Johnson Melchers 1- 1- Chicago 12- was Mfg.. Meadville 2 2 56(4c 1-15 4%% 2 10c 12-30 4%% 8 11- 4 York, 57« 12-15 1- (quar.) New York & Harlem RR.. 5 12- f 12-30 $1.06(4 12-15 Murray Corp. payment ported McKee 12- 1- 40c (quar.) Co. Extra 12-18 $$1 (extra) Mines 12- 12-10 1-2 1- quarterly) 6% preferred A (quar.) 12-15 12-15 Co. 12-29 Murphy (G. 8 15c Porcupine Mclntyre 12- Auction $1.25 5'A % 12-17 12-18 York 59 %c Munson 12-17 2 1- 50c 12-15 6 1- Munsingwear, Inc., com. (quar.) 12-17 25c McGraw-Hill 6 1- "it •*r\ 12-30 $1.01(4 (quar.) (quar.i Mullins 12-17 10c preferred Jersey Water New 12-11 1- 22'Ac Finance Year-end 12-16 25c (quar.) Extra $3.50 $50c 62'Ac (quar.)— common 12-23 12-11 — Mills, 11-30 2 1- $1 50c — 12-4 12-15 $1.50 Extra 12-18 2 2' — 1 preferred (quar.i— 5% preferred (quar.i , McBrine iL.i & Co., Ltd., preferred 6% 12-15 1- (quar.) Paper Motor 1 12-15 1- 2 $1.12'A Co., 12-29 10c 4.05% New Mount 12-21 40c 1 12-15 2 12-4 75c (s-a) Corp., $5 preferred (quar.) Vernon-Woodbury Mills 7% preferred (s-a) Mountain Fuel Supply Co. (quar.) Mountroy, Ltd — Muehlebach (George) Brewing Co.— 5% participating preferred (s-a) Mueller Brass Co. (quar.) 12-11 40c (quar.) EXtra_. Morris 12-11 12-11 12-31 12- Common Co. Engineering 1- 1- 2 $2 20c $2.50 prior preferred Morrell (John) & Co.-' 4 12-31 12-31 2 Water 12-29 (quar.)_ —; Extra 4 3- $l2(4c 17'Ac (quar.) Morgan 5 12-15 1- 12-31 Haven 12-21 25c preferred (quar.) Common 12-14 2 N. Y. & Richmond Gas— com. Moore-McCormack Lines, Inc. 2- 50c Jersey Power & Light— preferred (quar.)-I 4% Moore-Handley Hardware Co., Inc.— 1 $$1 preference (quar.) 4%% 2 $$1.50 - common $6 participating 12- 12-15 4 New New Drop Forging Co. common Extra 11-25 12-18 50c (quar.)_— com. 12-23 50c — dividend 12- 11-13 10% (quar.) 12-15 10% Ltd. 12-24 $15c — 12-14 12-23 40c 25c preferred series A (quar.) preferred series B (quar.) 7% New 12-15 11-16 N. 7% 1 12-16 2 62'Ac common 12-1 12-23 50c t20c Corp., 12-15 22'Ac (quar.)„ New 80c redeemable preferred Moore dividend Ltd.. 12- 12-24 4 1- Gas 11-26 $$2.40 (quar.) Telegraph 12- 1 $3 12-17 90c Works 12-4 12-12 $10c (annual)- 11-26 (quar.) Locomotive 11-30 5 $i 12-17 Extra capital gains from I- Co.— Utilities Co., 1- 10c (resumed) 1- $2.50 4% Trust— preferred Haven 12-15 Equipment Co.— preferred Co. Machine (increased quar.): England Telephone & Telegraph Co.^Quarterly New Hampshire Fire Insurance (quar.) Ltd.— Investments, 1- 35c (quar.) $20c (quar.) (Winnipeg) (s-a)__ 11-30 12-15 40c 62'Ac (quar.) A 12-4 12-15 20c (special) $4.25 pfd. (quar.) New Orleans Public Service, Inc. (quar.) 4%% preferred (quar.) (accum.) preferred Moore 11-30 25c Amer. Midwest Montreal 12-11 11-30 12-16 2 12-15 New 12-26 12-15 8 12-21 12- 4 $2 (N. O.) Co. $3 $2 — (accum.) Montreal 12-11 7 12-7 $50c Montana Wyoming Gas Pipe Line Co. (Del.) Monterey Oil Co. (quar.) Montgomery Ward & Co., common (quar.)_ $7 class A. (quar.)— 12-11 12-15 12- $$1 preferred Co. $20c of Portland 4.50% 12-21 2 12-28 $31'Ac (annual) Montana-Dakota 12-15 5 1- 12-31 $1.12(4 entirely ipaid interest) Co. 5% 12-20 31'Ac (quar.i Massey-Harris-Ferguson, Maxwell, - 75c (26c from long-term 4.25% 1- $1.06'A sales of securities and 13c from invest, inc.) Mathieson 2 Investors Growth Stock Fund, Massachusetts Mathev/s 2 1- 11-27 1- Portland Cement Co.— Monroe Auto 12-20 1- 50c Corp. preferred Massachusetts and 12-31 1-15 25c (quar.). 1— Quarterly 8% 25c (quar.) com. 12-21 12-28 $2.25 __— Jockey Club, common preferred Monolith 25c Angeles), 12-15 60c (quar.) ; Mortgage & Monolith Paper Mines, Ltd England Electric System (quar.) New England Fund (from net realized cap¬ ital gains payable in cash or stock) New England Lime, common (year-end) New class Assurance preferred 8% 2 1- 12- 1-21 20c (quar.)___ New Dickinson 50c Semi-annual 5% common Extra RR.— Ltd., Corp. Life Monmouth Park 1 11-30 $1.15 Co., (quar.) Monarch 11-30 12-15 B Monarch 12-18 2 12-15 $20c — Extra; Maytag 1- 12-22 12-29 12-15 17'Ac Inc., * New Britain 3c Brewery, Molybdenum 12-15 12-11 50c A Rubber Class 12-22 2 12-11 12-21 11-17 50c (quar.)— Brothers, Nestle-LeMur 12-21 12-7 12-15 5 50c New & Molson's $1.75 (quar.)—i Marquette Cement Mfg. Co. (final) Marshall Field & Co.,, 4(4% pfd. (quar.) Martin-Parry Corp. Maryland Casualty Co. $2.10 prior preferred (quar.) Maryland Drydock Co., common (quar.i McBee 1-20 30c — (quar.) preferred Mays 5 50c (resumed) Co., com. (Los Marlln-Rockwell Matson 5 12- 32'Ac (quar.) (quar.) 7% Stock 12- 5 12-15 12-31 1- 30c (quar.) Extra 30c — Birmingham RR. 4% pfd. (s-a) (qu,ar.) —1 Mojud Company, 5% preferred (quar.i! 1- $1.25 «quar. I Market Stock Mobile Mohawk 40c (quar.) (Seattle) (quar.) 12-15 50c Corp. Nelson (Robert), Ltd. is-a)— 12-22 - Telephone & Telegraph Co., Ltd.— Common Inc. 2 12-15 12-15 12- 4 (Pitts.) (year-end) Co. Neekoosa-Edwards $1.25 (accum.) Ltd preferred (J. S.) Mitchell $50c (quar.) (s-a) Inc. Power Shovel Maritime £1 7% 12-31 12-15 15C Extra Nehi Neisner (quar.) Mitchell 12-22 1- 1- B 12-17 4 2 $85c (Toronto) (s-a) 5% " preferred Bancorporation 7% 1- 40c (quar.) Co. Ltd. Marathon 11-30 lie Missouri-Kansas-Texas 12- 2 12-18 1- 25c Mapes Consolidated Mfg. Co. Maple Leaf Gardens. 11-30 12-15 12- 4 1- 4 $1.05 (quar.)_ Quarterly 20c Class 25c & 12-31 5 Light Co.— & Missouri-Kansas Pipe Line com. 4 11-25 12-15 27'Ac Manufacturers Life Insur. Co. ,• 12- 35c common... Extra. Marion 12- 4 $25c (quar.) preferred (quar.)— Mangel Stores Corp. (quar.) Marine 12-23 12-23 40c Ltd.: priority Tire Cement Extra $5c S(A% Mansfield Company Nazareth — preferred (quar.) Mission Development Co 11-27 37'Ac Service Natomas 12-18 Mississippi Power, 4.60% preferred (quar.)_ Mississippi River Fuel Corp. (quar.) — 8 12-15 40c (quar.)_ Mines (s-a)— (quar.) Magor Ckr Corp Corp., 12-18 1- preferred Fire Insurance 15c 5% „ National Union 2 Fund, Inc.- Minnesota 4.20% Co., 12-18 4 20c Co. Tea 12-14 50c (quar.) Theatres, Inc. 2 31'Ac Louis Ry. St. 2 1- $50c 1- National National $50c plus this dividend)- 1- 12-18 4 Co. 12-14 50c 11-30 Dec. 31 at $106 per share on & 12- BoUen Payable of Ree. 75C — 1-15 25c Minneapolis 2 12-15 (entire issue called for pref. redemption 1 1- Extra 1- ___ conv. 4 1- (interim)—,— Brewing Co Minneapolis-Honeywell Regulator Co.— 3.75% 12- 55 25c Refining 10c ___ Minneapolis 12-31 2 (quar.) : Sugar 15c (quar.)—__ Mining Corp. of Canada. Ltd. 12- 1-11 1- When Share Corp. 56'Ac 1 12-15 1-15 Co. Mailman 10c (quar.) 12-15 5% Ltd.— class Ltd., Electric & 56'Ac 6c common 75c (s-ai Co., : Gas Madsen Inc., Co., 25c common (stock dividend) & Co. 25c (quar.) A convertible preferred 4y2% $2c Madison A Miller Wohl 25c Inc., preferred — (R. H.) National (quar.)__ 12'Ac (quar.)__ preferred & 11-30 Extra Ltd Power MacMillan 1- 12-31 Co. common (quar.) Mfg. $1 5% Inc. 12-15 Company Steel Extra 40C i Publications, MacLaren . 10c (quar.) participating Participating Mack Miller 1 Co.— Mines. Macfadden SI.50 12- National Miles 12-15 11-20 37'Ac (quar.) $2c (extra Co. (Henry C.) Macassa 12-17 12-16 Per Name oj 12-14 Inc.— preferred 4Vi% preferred (quar.)—— Laboratories (monthly) 2 1- Holders Payable of Rec. 35c Reclaiming com. Rubber Midwest Share (quar.) Corp. convertible $1.50 1-15 5% dividend Lyttons* 12-11 $2.25 1st pfd. (s-a) end Stock 12-24 Oil 20c steel Lunkenheimer Year Mid-West Refineries, 12-31 50c * Ludwig Baumann & Co., iV2% 12-31 1-15 $25c (reduced) 1 Co. 1-15 $1.06 iYi'/i preferred A (quar.)— Lowney, Ltd. iquar.) Ludlow 12-31 50c (quar.) com. 1-15 Midwest $1.25 (quar.I Inc., Company 45c (quar.) (quar.)__ par) Name of Payable of Ret 31'Ac (Ky.), com. When Per Holier i When Per Name of (2351) (quar.) — 25c 1-15 12-24 — 25c $1 (year-end)— '*'*• (quar.) — 2% 1-15 »- •> 12-29 II-30 12-15 < 66 The Commercial and Financial Chronicle (2352) ly Investors, American (Pacific from $1.50 profits. security Pressed common¬ and Income investment net from Can — Stock l- 37 %c; dividend ; Car 1-19 5% ——_— Foundry Co. & Cacific Clay ■Pacific 12-21 12- 12- Coast Co., Inc. Aggregates, 12 Vac — 12-15 12- 4 12-15 12- 4 12-22 12- Extra ! Co. IPacific Indemnity •»acific Intermountain dividend Stock (subject Service Public Pacific 1- 4 Stock 12-23 12-14 10c - Trust Co. (quar.)__ Extra 12-14 2 1- 12-18 12- 12-15 12-28 12-31 5% preferred A (quar.) Service Public 12-15 1-15 12-31 12-14 at on 4% Co. preferred (Paoific ' Consolidated Tin Corp.— — Public Pacific Vegetable Oil Corp.— Stock dividend preferred 5% Mfg. Co., ■ Eastern Common 12-26 12-10 %% preferred conv. 12-15 11-30 $1 1- 2 12-15 2%C 1-2-54 12-18 2 12-18 12-31 11-20 (quar.) 1- 37 %c 25C 4%% Parker Patican 12-21 12- Ltd., Co., preferred Oil 8 12-18 tl5c 12-31 12-22 50c t20c (extra)— Fund income Steel & (quar.).—____ 12-15 80c & Ltd. Ford. (quar.) Telephone Ltd. Penman's, 12-10 2-15 1-15 30c (quar.i.. Controls, Inc., $1.20 Pean-Dixie Cement Corp. : pfd. cl. A 12-15 (quar.) 50c 12-15 $1.17% 50c 12-23 12-24 50c '12-24 $1.75 12-15 $1.75 1- 2 $1.18% 12-15 50c 1-2 75c 12-14 11-20 4% 12-15 11-20 dividend 50c Engineering 11-20 12-31 12-28 25c 12-15 12- Corp, Glass Common .5% Bank Sand Y.) (N. 4.60% Pennsylvania ^ (quar.i 1- 2 70c 30c 25c 2 1- 2 12-10 1- 2 12-10 1- 2 12-10 12- 7 11- 50c $1.12V2 $1.15 (year-end)^. Mfg. Co. Salt Peoples Drug Stores, Inc. 75c — 50c 12-15 50c 12-26 $1.50 (year-end 1-15 • J (quar.) Peoples Gas Light & Coke (quar.)— Peoples Telephone (Butler, Pa.i — Common 75c (quar.) Pep Boys—Manny, Pepsi-Cola Co. Moe 15c Jack & / 25c 12-15 12- 12-18 1- 12- Red 7 9 Perfections Stove Pet Co. Machine Milk Co. 25c (extra i _ (increased quar.) Extra 4%% from from ordinary gainst above of Plizer (Charles) Corp., and 1- 12- 2 12- 1 announced not 30c 12-10 12-21 12-10 40c 12-19 12- _ (quar.) 1- 4% 12-30 12-16 $1 12-30 12-16 40c 1- 12-17 ——. 7 Common Products 12-15 11-23 12-15 11-23 3.80-% preferred 4.30% 12-15 11-27 $1.12% 1-2-54 12-11 $1 $4.50 1st preferred (quar.) $4 non-cum. 2nd preferred (quar.) Philadelphia Electric Co., common (quar.) $1 preferred iquar.) 1-2-54 12-11 40c 12-18 11-20 — 25c 95c (quar.i preferred $1.07% (quar.) 4.40% - preferred (quar.)_ Corp., common (stock dividendi J%% preferred A (quar.). Wrilco Philippine Phoenix Long $1.10 5% — 93 %c (quar.i 2- 1 2- 1 2- 1 12-23 1- 8 1- 8 2 Pierce Governor Stock (quar.)_ 12-10 12-31 3.60% 12-15 12-10 Mills, .". Inc., $4 30c .___ dividend Pillsbury Pine Co. — Fund, Inc.— Quarterly out of ordinary income-. Pioneer Fund, Income and Inc. 20c & preferred pfd. Chemical Co. (extra) 12-15 12- 12-15 1-15 1- 2% Pittsbrugh Consolidation Corl Co. (quar.) Pittsburgh Forgings Co. (year-end) 2 12-22 12-22 I- 1212- 12-14 12- / 12-21 12-21 12-16 12-15 11-20 Pittsfield $2.50 RR. (s-a) $50c Plymouth Cordage Special Co., Stock dividend Mining Creek Potomac 4 Co. (quar.) 1- 2 Co., Ltd. 1-20 1st t P»attc&: Lambert, Metals of £tock dividend com. 12-21 11- 12-21 11- 6 12-14 12- 3 12-15 Inc America, 12-24 1212- $1.12Va 12-21 12-1 1- 2 12-10 $1 • 25c 5 1 90c Y 1- 5 2 J 1- 2 12-10 12-10 2 12-31 -12- 7 1-15 c12-18 75c 12-31 12-11 11-10 A Haas 12-22 12-12 12-15 11-30 12-15 11-30 12- 12-21 12- 5% 12- Amer. Rome dep. 12-21 12- 12-16 Cable Corp. 2-1 dividendi 12-22 12- Roos 12-15 1212- 4 2 ■,t t; Rotary Electric Steel Stock Rowe Inc (quar.) dividend Corp. (quar.)__^___ (year end) Stock dividend 12-17" 12-15 12-1 , . 12-20 12-20 50c 1- 2 11-27",. ^ 75c 1-2 11-27: 12%c 1- 5 12-18: 20c 12-31 12-1CK 75c —_ 12-31 12-10* 10c com 12-31 1- 2 1- Corp. 4 12-29 Co. 12- 5% 12-23 1- Co. 40c Co. 12-23 12-14 1- 5 12-24 (quar_) 25c $1.25 (quar.) 125c 12-30 1- 2 12-18 of Canada, 1- 2 135c 2-1 12- 2 5 12- 2' 12-10 Ltd.— quarterly) 125c (quar.) com. (quar.) 2-1 t$1.75 (quar.) preferred 1-15-., 12- 2; 1- 2 12-15 25c $1.12% 12-15 1-8 1- > K 12-10 11-30 ll-30» (quar.) t30c 12-31 11-30* t20c 12-31 11-38 Ltd., common (quar.) preferred (quar.) t25c t50c 12-15 12- 1 12-15 12- TL 12c 12-15 ll-26> tic 12-15 11-26 $15c 1- 4 11-38 1- 11-30 (quar.) -— Ltd. Ltd.- — — Dairies, Ltd., class (quar.) A tlOc B J20c — Saw , 1- # i" 6 1- 2: 90c 12-15 11-20' 25c $12VaC 65c Co. 12-18 12- 8 (year-end) Corp. Manufacturing Co. (quar.) Mines, Ltd. (Interim) 60c Gold , 12-15 11-18 12-15 Engineering Works (quar.) , Extra Smith (A. Smith Corp. (Howard) O.) Common preferred Sonotone (quar.) Corp., Mills, Paper lquar.) American South Carolina Electric 20% 12-29 (quar.) 4.80% Southern Gas (quar.) preferred Natural 12-1 12-15 12-1 2- D 2 1--4 J25c 1-29 12-31 1-29 12-18 12-31 11-2? 31%c 12-31 12- 4 12-31 12- ♦ 15c 12-21 12-14 12- 8 11-38 1- 2 1- 2 & Gas Co.— & 1- 2 Electric— (quar.) Co. 12-11 12-11 12-11 - - , (quar.) — 37%c 12-30 —-— ______—___— Gas 38%c 10c Co (quar.) Indiana Common 12-15 57Vac 62%c Platinum & preferred (quar.) preferred (quar.) Southern 25c 17%c Gold South 5% 12- +50c 8c (quar.i convertible preferred series A (quar.) $1.55 convertible preferred (quar.) Soss Mfg. Co. (reduced) 12- 1 12-30 50c ——_ $1.25 Common 12-;? 12- Ltd.— + common 12-21 12-17 30c Extra ' 11-1? $2c 30c (quar.) <" 11-13< 12-15 35c Corp. Smith 12- ' ; 50c —— Steel & 4 12-21 Publishing Corp.— (resumed) Oil i2-15 12- 4 2-25 150c 156V#c (quar.) (quar.) Skil - 12- 8 75c 12- 4 1- ♦ yi? 4.60% 12-15 1-14 % 12-8 12-15 6% 5 .12-29 12-15' 12- 3" 12-22 12-10 $1.75 12-2# 12-1& 12-31 12-18 10c 5 ^ © 12-22 12-19 12-11 1- 12-21 . $1 10c (quar.i Sisco 1 12-15 j 12-14 35c Singer 12-10 ' t;:, 1- 2 15c -12-22 2 11-2&* ll-25» 12-15 I Optical Co. 15c 1- 12-15 . 75c (increased A ,-•• 22c (quar.) class 70c 20c 12- T 130c, Simplex Paper 11-10 5 12-29 $1.12% — — Breweries, $2 35c 12-J&*. , (quar.) Simpsons, Ltd. 11-27 12-15 1- 2 ' 12-15- 75c preferred Corp. of America, class A Sinclair 12-15 4% 2 67c stock (quar.) preferred Simonds 12-15 1- 12- 12- 4 1- from (quar.i . 4r 12-15 12-21 ; or y- IZ-IO $1.25 —.—— 45c pfd. series A (quar.) pfd. series B (quar.) Oil ., ,.v 12-10» Inc.— and 7. 11-27 25c (quar.) G.) (Frank Common 12-21 2 1- 4 $1.25 12-18 • 25c (Los Angeles) 5% Co., Extra 12-21 $1.25 2 1- 2 50c — Class 12-15 20c 1- 31V4C 12- $1.12 inc. M 12- 1" 75c Simmons-Boardman 12-21 J20c 12-15> 12-15 — Silverwood 12-10 1 5 60c Co Year-end 11-16 1- 1- ; 12-15 (quar.) Shares, Silver Standard Mines, 12-10 12-28 J10c 50c . $1.12% (quar.) $4.50 preferred Steel 5% 12-1 10% - 12-1T 1-10 Extra 5 1- 34%c - 12-LT^ 1-10 50c Corp., invest, net 5 12- 1- 12-15 t$1.06V4 (interim) 12-17. -, 1-10 (quar.) American Stores Silknit, 5 $1.25 Brothers, Inc. (quar.) preferred % $1.43% preferred Acceptance 12-1& 1-10 (quar.) Co. ^ 12-11 12-31 43c Lines, Inc. (quar.) Co., common (quar.) from k Ronson Art Metal Works, (quar.) preferred A (quar,)____. Sicks 12-10 37V2c prior pfd. , 12-28 20c 45c „ (quar.) Extra-^ 11-27 12-31 12V2c (quar.) 12-18» Gas $4.50 7 12-15 37V2c _____ 2 - Shuron 1-8 40c (quar.) & 1- 53c common (quar.) preferred convertible Shoe 7 30c ord. Roebuck ■ 12-18 80c Corp., cl. A com. (initial) 4%% preferred (quar.)— (increased quar.) D.) 2 —___• ______ (G. j. j,: 1- $1.12% (quar.) (quar.) (Del.) (quar.) Farms, 1, 15c preferred 7% 11-24 50c — (quar.) (quar.) (stock dividend) Ltd. receipts $1.02%- Co. Co., preferred convertible 12-10 Inc.— 5 20c preferred Co., Container RR. Extra 5 12-21 28c (quar.) com. Line Common 5 3c (quar.) (stock Air Sherwin-Williams .12-5 5c (year-end) Paper Go., preferred (quar.) Ruberoid Co. 12-30 Co (accum.) '$4.50 12-18 75c Inc. (quar.) Vandervoort-Barney, (quar.) ■. series A preferred 4% 1- 40c (quar.) Co., 12- 7 preferred 4%% Rolls-Royce, Ltd.— 11-30 t50c & 4V4% 11-30 12-15 & 12-15 Shell 1- 2 $1.12V2 (P. series 12- 7 , Year-end 12-21 75c : $1.25 Co. 12-15 12-15 Co.— H.) 22%C (quar.) Common 12-21 1- 35c Paper Co. (H. 12- Shawinigan Water & Power Co.— 1 '■-'; , (quar.) class A 1-2 Extra 12-31 V 12-10 Water Service— Seven-Up Bottling Co. 12-15 12- 2 12-15 (quar.) Extra 7 1- 15c Shattuck 1- 12-10%% 83%c Co. Sharon 12-15 2-11;,"*'. 2 (quar.) Lace Shaffer 15c 2-1% 1- preferred Seton Leather 2 h 1 3-1 25c $1.10 Servel, Inc., 1 1- (quar.)___ Mills Cement preferred Rolland 7 1- 12-15 6% 12-15 : (quar.) Co. Mining Rice Raisin Rohm 7 Inc. _ 1- 2 , 1--. 12-10 2 (quar.) profits payable In cash Serrick Corp., class B (quar.) Class A (quar.) con¬ :i 3- $1,07% (quar.): common l-19i. 12- preferred 22c from Telephone Corp., 5% 12-10 t$1.50 - 12-15 Commission (year-end) Valley Gas Brand Rockwood 11-16 12-21 t25c . 12-28 L.) Mfg., new com. (initial) Little & Co., common (quar.) 5% 6 25c (quar.7__ is permission 1- 91Vjc (quar.) 5% for pari % % l-19r 12-15 50c (quar.)_ preferred Selected $1.50 Rochester 12-31 130c of Canada. Ltd., preferred (quar.) 1 obligations Grande preferred 4%% — Robinson, 12-31 1-20 45c <$1 J.) (quar.) common Seeger $1 Robertson 12-31 1-20 Rio Co., Seiberling Rubber, common 37Vac Payment (quar.) Corp. Argentine Robertson 12-31 $1 (quar.) 1 12- (quar.) Appliance Corp Robertshaw-Fulton Controls Co., com. (quar.) 5 V2 % preferred (quar.) 12-15 1-20 10c Co.. Power, common preferred (quar.) 12- 12-22 $1.50 participating pfd. 12-18 20c 11-30 12-22 Roberts-Gordon 11-25 1- lVa% - 12-18 Extra 12-18 40c Power Corp. Pressed 4 12-15 5c Extra 6% 4 6%c ; (Bi-monthly) Pocahontas River 12- y65c (quar.) Electric 3.60% r-' Powell 1- 12-10 50C Pocahontas Fuel Co. Pond 4 15c common Employees special stock Special Plymouth Oil Co. (quar.) Polaris 1- 12-15 10c _ 12-15 (quar.) $1.25 partic. 11-30 12-21 Adams 12-15 1-2-54 Riverside Metal Co. (quar.) Robbins & Myers, Inc.— Common (increased quar.) II-30 15c 10% North 1-2-54 12-21 Riverside 1 $1.20 & Oil Mfg. 85c I2%c preferred (quar.) Refrigerator Co. (quar.) Seeman Bros., Inc. (quar.) 7 50c Co. 1 Securities 12- 7 12-21 River 1 12- Pittsburgh Plate Glass Co. (year-end) Pittsburgh Screw & Bolt Corp. (quar.) Pittsburgh Steel Foundry Corp. (stock div.) Pittsburgh & West Virginia Ry. Co. (quar.) peasant Valley Wine Co Plough. Inc. (quar. i 2 $1 River 4 12- 12-17 $1.75 Placer Development, Ltd Corp. Paper 1 2- :. $1 (quar.) Inc. (quar.) 5% 1- 50cr Dividend 8 Pittsburgh Fort Wayne & Chicago Ry. (quar.) Pittsburgh Metallurgical Co., Inc. (quar.i -• 11-20 12-31 75c Rico 8 12-17 50c held. receiving Corporation (R. 2- 1 (quar.)_ preferred Williams, & 6% Extra 4 12-18 75c — shares 7-20 Seatrain 25c dlv.) > . 2 Seattle 12- 4 8- realized quar.) 12- 27%c Extra 1 $28c $5c (increased 12-16 ' 4 (quar.) 11-20 62V2c stock 25c com._— 1- A 12-15 12- (quar.) 12-IO 4-2Q 1- 2 $1.12V2 12-15 1-20 12-15 1-2 Extra 30c 50c 11-27 1 '■ V 1-15 60c 1 Sears, \12-15 1-4 Common 1 5% — dividend 1- 2 2- *<^ 5-1 Searle $1.18% Year-end 11-30 12- 25c capital preferred Richfield 1 12-15 53 VaC — 7 12-15 ' , $1.34 Extra Richmond, Fredericksburg & Potomac RR.— 11V4C (quar.) (quar.i—— 12- 25c <quar.)_ (initial stock Co. Welder Richardson 4 10c dividend Stock 1- 7 10% > 11-1? 2- Seabrook (Texas)— com. preferred 4.50% 12-10 37c (quar.) Piper Aircraft Corp., 4¥2% Pitney-Bowes, Inc., 4(4% Stock 1-15 from capital gains) 22c Coke 12-31 Gas Co. * 11-30 ' . 27%c Seaboard Oil Corp.— on Rhinelander (15c from net investment Pioneer Suspender Co. Pittsburgh 10% ■'.,.V $1 4—-— (quar.) preferred Street 1- Year-end 12-15 1-15 7 $1 Co. Reynolds Tobacco 11-27 12-18 12- Revere Copper & Brass, Inc Reynolds Metals Co. (quar.i: 8 1- 12- 7 7 75c preferred of 50 Resistance ' * & share California 11-20 1- 12-24 2 $2.25 ! 12-23 27%c $5.75 1-14 — 12-15 ' (quar.) $1.72 1- 12- 11-30 '- ^v ■ V 12-14 12-15 (quar.) $2.12 1- prior preference A tingent 25c ,1— — 12-18 12-15 12-15 " Ltd.— ' 12-10 12-29 ' A Seaboard Finance 12V2c — each 12 %c — Telephone Distance Hosiery Co. 6% One 50c 1- (quar.) convertible Reserve Oil Co.— (quar.) 12-11 30c -37%c ;<> A Seaboard 12-10 12-20 1- 2 60c (quar.) Extra $1 1- 4 1- 2 87V2c 35c 12-10 Power Co.— Spring Brook • 50c 10% Republic Steel Corp., • Dairy 1© Corp. Insurance preferred $1 25c Special Philadelphia 12- (increased) Republic Pictures 87 %C preferred (quar.) Phelps Dodge Corp. (year-endi Philadelphia Bourse Inc. & Seaboard 50c (quar.) 12-10 Common 25c pfd.. A 12-10 2 preferred preferred Scruggs, 12-15 (extra 1: 2 1- preferred 4.10% 8 1 dividend Republic 4 & Co. preferred (quar.); Motors, Stock Electric Common 12- 50c 1- 3.35% 10c 4%% Inc., 50c ' v- 1 $0.29691- 2 293sC,. 1- 2 10c Scranton 12- 1 (quar.) 5- 4.40% 12-14 12- 8 2 2- 1 t20c Mining Syndicate, '■% 12- 4 2-15-54 5-15-54 $0.2969) ! (quar.) 4.30% 5% Co. Republic Aviation 2 $1.25 (quar.i common Bit Ltd. 3.65% 1 12- 1- 2 "'- 14c (quar.)_ com. Scranton Electric Co., 12-15 (quar.) Renold Coventry, Ltd., class A Extra 3 12- Reo (quar.i— Co. 12-15 1 12-15 $1.50 4 V2 % preferred (s-a) Remington Corp. (stock dividendi Remington Rand, Inc., com. (quar.) $4.50 preferred (quar.) 1 12-12 12-15 $1.20 i__ 2nd 4% 12-21 50c pfd. (annual payment Mulliken Brewing 3%% income Inc., 5% preferred Pfeiffer 1 $1.12 % (quar.) Service, Amount * net capital Pettibone 5% 8 12- Roller Co., preferred 12-15 7 $1.10 preferred (quar.)_ Lock Co. (quar.) $3.40 12- 8 Brothers, Inc. (quar.) Reliance Mfg. Co., 3M>% conv. pfd. (quar.) Remington Arms Co., common (year-end)— 7 12- 12-21 Stores, Waterworks, 5V2% 25c A ; : Scott Paper Co.— 1- 2 Reeves Corp. of America— Petroleum 1 12- 12-18 COc preferred Petroleum (70c 12-21 50c 40c (quar.)— Gear & jommon 1- '-4 l-m 5%% 93%c 2%c dividend Owl Reed 11-30 11-27 1- 2 12-17 ! 5% % 12- 1 (quar.)— 2nd pfd. (quar.) *20c Scovill 12- 12-30 87%c 50c 1-17 14c Schwitzer-Cummins 12- 1 12- t (quar.)__ conv. Savannah 12-15 12-21 3 1 12- Year-end Scott 12-21 12- 12- Extra 12-15 75c 4% A Transit Saudi-Arabian 25c Stock 5 _ Perkins — —— Reading Tube Corp., class Class B (Initial s-a) 12- 2 (quar.)— (quar.) Reading Co., 2 12- preferred Bridge 12-10 5c Rayonier, Inc., $2 preferred (quar )_ Raytheon Mfg., Co., $2.40 preferred (quar.) 12-21 Jose 4%% 12-31 12-21 1- 2 12-15 12-15 - 43i% 12-5 12- 5 12- 5 10-15 11-27 1-15 4% Raybestos-Manhattan, Inc. (year-end) Raymond Concrete Pile Co. (extra). 11-30 San 11-27 1-2 t28c Extra 9 1st Antonio Quarterly 12-18 12-15 2-25 S2 35c 50c 130c t20c 15c — Electrotype 12-10 San 11-30 12-21 1-2 12-21 ' , $1.25-■ 12-15 25c 12-10 12-15 12- 1 12-1 * (quar.) 12-3$ 62%c common (quar.) 1-2 12-31 12-31 12-31 Ltd., class A___ preferred A 6arnia t75c $1.50. preferred Inc. Rapid 12-10 1- __ (quar.) Co. RR. Extra Rand's 35c (quar.) preferred 1 $1.25 Pennsylvania Power & Light, com. % preferred (quar. I— Pennsylvania 12- 12-7 $4.40 12-11 12-11 12- 4 12-18 Scranton com. 3%% (increased) preferred 12-15 12-17 Corp.— preferred 12-15 __ 1st 12-15 1-25 (Increased quarterly) Regis Paper Co. 5.36% (quar.) Purina Co., 1-2 50c 9 St. of America convertible Ralston 12- 35c Francisco Ry. Co., 12-8 11-30 . 1 12- 5 12-21 (quar.)___: convertible v 12-15 $1.25 1-6 ________— (Canada), dividend Corp. $3.50 40c (s-a) Radio 1 25C Exchange M A Louis-San Schlage (special 1. Co. 12-11 30c - $1.25 15c 25c 5% — Ltd Bearings & Stock Extra Pennsylvania Pennsylvania R Corp.— dividend Pennsylvania 12-14 —— Mining Radio Condenser Co. 10% Corp. (s-ai Pennsylvania Coal & Coke Mining, Quincy 3 $$1.06 ,1-2-54 Co.— $1 2%'C Quemont Public Service preferred A (quar.).__— pfd) series B___ 4.70% preferred C (quar.)— Sangamo Electric Co. (quar.i____ Extra 11-30 12-15 12-15 3 12- St. Paul Fire & Marine Insurance Co.— (quar.)-J Corp.——— 12- 2 preferred A (quar.) Corp. (quar.) 5% % 2 Lawrence Louis • 12- 3 i_ l- (quar.) com. 11-30 11-30 11-30 5% St. , (quarterly of 20c and a special of Queen Anne Candy Co. 11-30 50c 12V2c Telephone Quebec 1 — (quar.) Pennroad Stock 12- — (quar.) Extra —: Penn Fruit Co., common Stock 11-27 2 1- 40c (quar.i 12-16 ' 12-10 12-8 $1.20 Co., Power '' 12-10 12-24 12-21 60c Paper Co 12-23 12-23 12-23 40c - 12-15 12-14 t75c Co. Penn 1 — 12-20 50c Extra Penlck Peninsular 12-15 25c (quar.>__ St. - Peden Iron pfd. 12-15 12-15 capital gains) from 4%% 1-2 1- 2 National Co., common (quar.)— Special __; 8% preferred (quar.) _ — Quaker City Fire & Marine Insurance (quar.) Quaker State Oil Refining Corp. (quar.) Quebec Power Co. (quar.) 11-30 12-20 (George) 12-lfll J 12-11 $1 $1.16% —____ Investment f 2 $1.12% 12- 1 Pyle 11-30 12-15 40c _ 12-15 135c (quar.i.—_ common (quar.) from Joseph Light <fe a 50c% preferred (quar.) 4V2 % preferred (quar.)_ , 12-18 12- 12-24 $1 12- 3 Ltd. dividend Stock 12-10 1- preferred Inc. (s-a) 4% Croix 1- . 12-21 h * 12%c 12-15 —_________ conv. 5% Co., Corp., Putnam 2 12-29 62V2C _ _________ Purolator Products, 12V2C (quar.) Co. (quar.). Transportation Co., Ltd. Mfg. 7% 3 25c (s-a) preferred (quar.)_ Parker Rust-Proof Co. 'Paton 12- Pure 11-20 12-15 Purex Appliance Co. Parmelee 12-31 22 %C Corp. non-cumulative 12-18 St. 35c $1.02 — Year-end 2% 2 12-29 $2.25 . (quar.) Inc. Corp. pfd_, (s-a>_ dividendi (stock 1- j25c ; ' 12-lof 1- 2 -30c / 12-15 pref. common (quar.) (quar.) —_—— preferred $1.12% 45c (quar.) com. Common 25c Park- Sheraton dividend Gas, Co. Royalty Class — & (quar.) (quar.) Haynes St. — . Publication Pipe Line Co.— Pantex Mfg., 6% preferred (quar.)_ Paragon Electric Co. (quar.) 12-18 St. preferred (quar.) Corp., common voting (quar.)— non-voting 7% 1st preferred (quar.)—— 7% original preferred (quar.) _____— Publicker Industries, Inc., $4.75 pfd. (quar.) Puget Sound Pulp & Timber Co. (quar.) Pullman, inc. (quar.) 40c (quar.) preferred Electric Co.. pfd. ' ' 41 ,, $1.25 (quar.) 4.70% 12-15 11-19 1- t3c (quar.) 4% 8 2 12-15 175c Service 4.08% 62V2C Panhandle ( 12- 12-15 $2.50 (s-a)_—— Page-Hersey Tubes, Ltd.- (quar.) Porcupine Mines, Ltd — Pan American World Airways, Inc.— Pamour Sabine Oklahoma— of C.) Holder§ Payable of Reo, / Saco-Lowell Shops (quar.) Safety Car Heating & Lighting Co. (year-end) Safeway Stores, Inc., common (quar.) 15% — (quar.) preferred $1.40 1-18 1-25 10% —— Pacolet 4.65% 1 1 (F. . Rubensteln" (Jacob), 4V2% Ruud Mfg. Ryerson & the an¬ . 12- "Helena Russell of New Mexico— Public Service Co. 1 15c voted meeting to be held on Jan. 19)_— Public Service Co. of New Hampshire (quar.) When share Inc.— Saguenay Power, Ltd., nual 12-18 $1.50 $1.75 To be (Helena) Russell Industries, Ltd. (quar.) RusseJl-Miller Milling Co., 4%% dividend stockholders. . 3-19 1 4- 35c See (subject to the approval of the Comptroller of the Currency and of 12-15 12-31 5% ( quar.i „ Public National Bank & 12- 12-14 12-23 25c com. 25c Extra 12-22 50c — (Pacific Telephone & Telegraph, 6% preferred (quar.) ' 50c 12-15 12-15 12-17 12-21 12-21 1- 4 12-23 75c (quar.i— 1-14 12-10 12-10 12- 1 12-5 12- 7 12- 1 12- 1 $1 35c $1.25 35c - ICC approval) to Co. 2- 1 f$l (s-a)—— progress $5 — Ruppert 1-2 9 (quar.i (year-end) Mills (Pacific (quar.i Express 12-15 2-23 $4 —_ preferred — preferred———--————~ 1st $5 common 2nd non-cum. 1-15 $1 $4 -----—— Pacific t4c (s-a) tt2. 10c ' Rubensteln (init.) 9 (quar.i 12-15 12-15 (annual) Laundry (quar.)——____— Prosperity Co., 5% preferred (quar.)—_ Providence Washington Insurance (quar.)— 1 IOC (quar.)_ Products Co. Coast Ltd. 4% preferred (s-a)___.— Price National Corp., $1 conv. class A 1 12-21 —— Mines, Produce Terminal Cold Storage Co. 50c 10% (quar.) dividend Stock Dome East (quar.)——— A 12-31 1- 2 V 11-30 12-28 12 Vac (Pacific series r 20c 56V»c (quar.)- com. Name of Company Payable of Reo. Share Co., Price Bros. & Co., Ltd., com. 12-15 2 12-18 15c — Car preferred Preston 12-10 12-23 40c of Company Steel 4%% 26c preference (quar.) Co. (quar.) (Pacific Name Payable of Reo, Holder$ When Per Boldera When Per Share Name of Company Monday, December 14, 1953 ... $1.20 *2-1 12-18 -1-15 35c 12-14 11-38 - Volume 178 Number 5281 /. , The Commercial and Financial Chronicle Per ^ Name of Company Southern South Pacific Share Co. When Holders 50c (quar.) Sopth Porto Rico Sugar Co., preferred (quar.) 12-19 12- 4 12-19 12- 4 75c (reduced) com. 12-21 50c Oil Co. Penn Per Name Payable of Rec. 75c (quar.) Extra o% ! 11-30 1- 2 12-15 1- 2 12-15 Texas-Illinois 12-14 12- 1 Texas 15c 12-18 12- 1 Sub fextra Southern California Edison Co.-jparticipating orig. preferred 4.32% preferred (quar.) Southern Railway Co., 5% pfd. non-cum. Southland Royalty Southwestern 12-31 12- 5 27c 12-31 12- 5 62V2C (quar.) com. 12-15 11-16 (quar.) Co. Electric 62V2C preferred (quar.) preferred (quar.) Southwestern Life Insurance Co. 4.56% 12-15 2 1- 10c 1- 5 1- 4 12-10 $6 Gas A 5 (% (A. Stock - 12-24 12-10 2 12-18 $1 Co. Springfield Fire & Co. 12-15 11-25 Tilo 11-25 11-25 12-31 12-10 $1.12 Va 12-15 12- Insurance 12-14 Common 5% 1 E.i Mfg. Stock $3.75 11-27 Tobin 7 12- on 12-31 12-16 12-16 Tom Standard (quar.) 73c Factors preferred 12- 12-15 11-16 12-15 11-16 (year-end) (year-end) 12-15 12- 1 5 12- 1- 10c 12-31 183/4c 12-21 Milling Co. Standard Oil Co. Paving Standard Power Ltd. Twentieth 3 Twin Class B <L. Loan State Class 6*fo B A & Stern 4*/a% Stetson fitix, Underwood Union 12-11 $3.70 preferred 12-15 12- 1 $3.50 12-15 12- 1 Union $1.25 12-31 12-15 Union 12-15 Union Sulphur 2 *25c 12-15 12- 12-30 12- 8 1-2-54 50c (quar.) 30c 3- 12-14 1 Chemical r' (SuriVLife share for Air Lines, Inc., 1-2-54 12-17 50c Corp., A Superior Extra Swift Switson Co. $4 11-16 United Bond & 12-16 Ltd.- 6 2 12-10 11- 12-19 12- 9 United Gas 12-18 12-11 United Gas 12- 9 12- Illuminating United Income 11-13 (19c 1-2-54 !4c 12-15 12-18 1- 2 1- 2 12-10 +4c 1- 20c ... 12-31 20c 10% (quar.)___ <quar.)_' 56V4C 2 12-17 12-31 12-17 12-31 12-17 1- preference (quar.) 12-17 1 12-17 1- 2 12- 1- 2 12- 4 12- 1 Extra 27c 35c 6% Corp. 1- 7 12-15 11-16 12-15 12- 1 12-21 12- com. (quar.) 35c 6 11-27 12-23 2 12- 4 $4.10 preferred (quar.) $1.02% 1- 2 12- 4 4V4% preferred (quar.) $1.06'4 1- 2 12- 4 4>60% preferred (quar.) $1.15 1- 2 12- 4 4.64% preferred (quar.) $1.16 1- 2 12- 4 4,65% preferred (quar.) $1.16'4 1- 5.10% preferred (quar.) 5.25% preferred (quar.) _: preferred (quar.) Tennessee Natural Gas Lines, Texas Tower Gas 5.40% (Cleveland) Transmission preferred 12- 4 Inc. (quar.) (quar.) Corp. com. (quar.) 1- 2 12- $1.31'4 1- 2 12- 4 $1.46'4 . 5.85% Terminal 2 $1.27 Va ; 1- 2 12- 4 12,V2C 1- 2 12-15 1-14 1-14 25c (quar.) 25c $1.35 12-15 1- 2 12- 12-15 12-22 12- 1 Wentworth 1-15 12-31 1-15 12-31 Oil Indies 12- 7 West Jersey 12- 7 West Ohio Manufacturers, Corp., Co., preferred 4.20% 11-25 4.10% 1-15 12-11 West 2 12-10 West Virginia Coal & Coke Corp. 12-22 12- 4 West 11-30 1- 12-28 12- Texas New 8 preferred preferred preferred The 12-24 12-3 12-19 12- 8 Virginia of 12-14 11-10 12-31 12-11 12-31 12-12 Western Department 1-11 Western Grocers. Westeel Products, Extra (quar.) 50c 1-15 12-28 25c 12-28 12-15 1 12-15 40c 12-31 ,12-21 12-31 $1 1- 12-21 Class A 5% preferred preferred Westinghouse Air 12- 4 Weston 12- 4 Weyenberg Shoe Mfg. 1-20 1-10 $1 12-24 12- 4 $1.50 12-24 S. U. S. preferred <quar.)_ Co., 4'/2% preferred Lines Lumber S. Co $1.25 : S. preferred series B conv. Co. 7% 12-16 11-27 12-14 11-20 12-16 1-12 1- 2 12-15 45c 1-1 1- 2 Co., pfd. 5% — (quar,). Whitehead Wichita ' Co., non-cum. common preferred (quar.) (quar.) — •* 1- 2 12-15 62VaC 12VaC 12-21 12- 8 12-21 12- 30c 12-15 11-30 11-30 4334C 12-15 Whitehall Wico 11-27 12-15 Oil Stores, + preferred 2 12-10 1-15 12-15 50e 37 Vac 1-15 12-15 2 12-15 1- $1.25 2-15-54 1-2-54 12-17 40c 1 4 11-30 40c 12-15 11-30 12-22 12- 25c 25C —— 1- 5 12-15 7 12-15 12- 7 25c 1- 2 12-10 50c 1- 2 12-15 75c 1- 2 12- 4 $1.25 <quar.) — 1- 2 12- 4 30c 11-30 12-10 11-30 27 Vac 3-10 40c - — 12-31 27 Vac 12-28 10c 62 VaC (quar.) $1.31 V» (quar,)— Mfg. Co. (quar.) 12- 1- 4 12-10 12-24 Corp 1-11 2 12-17 1- 12-15 30c 12-10 1-28 12-15 10c 1 9 4 15c (extra) 3- 12-14 1- $1 preferred A (quar.)______ 12- 4 12- 1 7 12-11 12-31 12-28 12-21 1- 20c — — — 1- 2 20c 1- 2 $1.06 Vt iquar.) (quar.) (quar.).. 12-15 2- 12-10 12- 25c — 4% common preferred 11-27, 1- t$l + Co. Extra*.—— $3 12-15 20c $5 Ltd Rubber Bros. Electric, 6% $4.25 12-15 10% Cement River Wieboldt 8 12-15 2 (quar.)_ (reduced) common preferred 7 2 1- $1.25 — dividend Stock 5 Va % 12- 1- :_ Co Co., 12-21 20c dividend Stock White Motor 12- 1 Oil 3 12-18 ■ 30c Co Paper Eagle 12-31 12-18 12-18 10c _ Tobacco White 9334C (quar.) (quar.) Printing & Lithograph Co.— 5% preference series A (quar.) U. S. Sugar Co. (quar.)__ S. Whitaker 12-11 35c 9334C U. S. Extra 12- 4 25c ._ Potash 12-28 1-2-54 75c $1 Pipe & Foundry Co. (quar.).^ Playing Card Co U. S. Plywood Corp.. common (quar.) 33i% preferred series A (quar.) 334% 4 2 to1 + Wheeling Steel Corp., common (quar.) $5 preferred (quar.) Whirlpool Corp., common (increased). 5'/2% convertible preferred (quar.) 5'/2% convertible preferred (quar.) 22V2c ....— (s-a)_. S. U. 1st 12- 12- 4 1- +30c , 12-28 2 35C (quar.) 12-28 1- 12- - 10c $1.75 12-14 (quar.).. common Co. $1.50 Corp.— 20C common ____, $l.l2'/2 Securities 12-13 12-12 the (quar.) Brake (George 1, 12-18 1-15 12-24 Co. Inc. 1- 1-15 12-11 $1.25 Extra (quar.) 5 $1.50 (V Dauth' Cdlb (quar.) A Westmoreland, U. U. payable (quar.) of Alabama 12-21 International 1 12-15 12- 12-10 Railway 2 $1.75 S. & 12- 4 $1.12 Va Stores Gas RR. Coal preferred 4 1- V, (quar.)___ 5% Western be and Year-end S. 1- 12-20 12-18 — Service, Ltd., Westmoreland $5 U. ,< Ltd. 12-21 : 12-15 1-15 (reduced). — (year-end) <quar.)_ 2 12-29 $1.05 ^jarps; ;under ... Natural 1- 40c common 1- 12-24 — (quar.i__ 12-21 Co., 4 $1.02 Va (quar.) (quar.) 1-11 Gypsum 4 $1.12 Va ___________ will Hinde Water preferred 1-11 S. 12- 55c quar.) their preferred 4V2% Pacific , 4 12-18 $1.50 (quar.)— (quar.) Co., $6 pfd. offer. exchange Western Extra U. (quar.) deposit Western (quar.) 12- 60C C dividend above 12-15 Co 4 12-15 (quar.)— (initial common 25c preferred 4 1212- common B Utilities 25c 2nd 12- Virginia Pulp & Paper Co.— 2 1- % 6 : 12-15 12-15 20c 11-25 12-29 (quar.) 12-10 2 1- 12-15 25c 12-16 Co., common preferred 12-21 12 Va C < s-a ( 12-16 Power common 7% U. RR. 4c 30c Foreign Securities Corp.— $4.50 1st preferred (quar.).. 12-15 12-15 12-29 (quar.) Penn 12-19 12-15 common. 1-0 2 66c 35c Penn 4 V2 $2.50 common.. 1- profits (quar.) West $1 (Bait.) 1-15 12-29 a (resumed) West 40c (quar.) 1 25c (quar.) Electric Co. 60c common 50C B_ 12-15 West • 12- 12-14 12-14 15c 11-30 5Vzd (quar.)__ 2 2 2 15c Corp. A U. S. Glass U. security stock or 11-30 Inc.— preferred 1- _ 12-15 .. and income 1-25 45c (interim)— 2 1- 10% dividend) Gas who common 1- 1- $1.50 (quar.)/;, 12-15 5%' participating 11-30 $1.25 (quar.) 12-15 a profits) 12-15 > Seashore & 1 1-15 40c ■ Sugar Corp. 12-21 1- 4 U-2S $7 pfd. Snowdrift & 12-21 25c & Co., class A B Mfg. 12-14 12- 12-15 J20c (quar.) (stock class Corp. B ,1'i U. 4 1 Welsbach 12-21 40c „ Co Class 11-27 1- Foil Class 11-27 1- 5 45c Storage.., Finishing S. 1 12-23 30c security and .- !. 1- 12-4 fGOc (quar.) from 46c cash & 12-15 25c investment of Gardner 40c ___. conv. year-end 1-15 $1.06 V4 Jersey RR. & Canal Specialities Co. (quar.) S. Co. pfd. $6 conv. Class 12-24 5% „ Transmission, U. 12-15 12-15 50c . Gas 2 2 3c (s-a) (quar.)_. dividend 1- 1- 50c pfd. Year-end Tennessee 20c from Fidelity & Guaranty $4 12-15 25c 2nd U. $6 (quarj Tennessee, Alabama & Georgia Ry. Co Tennessee 2 2 25c Telautograph Corp. (quar.) Telephone Bond & Share Co.— Power, 1- tlOc + —— preferred 1- 12-15 11-30 4% net 1-16 4 12- * 1-30 (accum.) Chicago Corp. Co., 12. 62 VaC (quar.).. 12-15 West 4 1- 12-28 25c (quar.) Inc., preferred Wesson 12-18 12-15 Wellington Fund, Inc.— Wells 12-18 $1.50 I2V/2C income 30c 12-31 1-15 40c stockholders dep. receipts ord, Co'd S. S. Co. Mills Knapp, 9 12-15 1 7V2C common... New United U. U. Motor Weeden 1 12-15 12-18 pref. (initial) Ltd 11-30 11-30 12-15 12-27 2 Co., 11-30 55c 26c National United & 12-15 12- 12- 12-27 35c 12-15 12-15 12-21 6 (increased quar.) (quar.) Water Power from 12-19 1- (quar.) Equipment & 3 1- Co 15c 12-15 2 1- 50c (increased) com. 12-15 20c 7. $1.37 Va Co., com. Knitting & 3 12- 50c t35c Co.___ investment Non-cumulative 4 12- +50c Taylor & Fenn Co., 4.32% pfd. (quar.) Taylor Instrument Cos.——. Taylor, Pearson & Carson (Canada) Ltd... Amer. Inc., (Jack) $1.50 1212- 12-14 45C Materials) Weathe^head Co., $5 preferred Webb 12-19 $3.50 12-15 Molasses Co., Ltd.— United 4 +65c -Extra 1 1- +25c (quar.) Wayne Fund— net Merchants Quarterly United 3 11- 65 %c ... common United 12-10 $1.10 from year-end 11-12 11-12 3 7 15c ; preferred 12- 1 12- 2 1- 12-19 25c 75c Co., (quar.)... preferred 12-15 12-18 5% 12-17 3 12-11 Extra Watson 12- 12-24 75c (quar.) Swasey Waterous 11-13 1 12- 35c (s-a) preferred 1-2 11-13 8 12-15 (quar.) (Construction Washington ' 1- 12- _____ 1- 2- ..12-15, 12-18 1-20 +20c common RR. & 3 31 Vic United 12-31 1st 12-10 12-21 12-15 30c 10c (quar.) 50c .__ Ltd., Co. 9 50c 12-11 35c 7V2C , Warren Brothers 12-11 12-21 6% Warner 4 12-15 12-15 Extra 12- (quar.) Improvement 12-31 Fruit 11-13 (quar.) 12-21 Inc. Warner-Hudnut, 12-15 (extra) Corp. 1 7 12-16 12- 12-31 (quar.)_ 10c 9 12- 7 12- 12-18 4 40c Co.. 12-18 N 12- 5 12- 2 35c (4c-a>' Corp. 12-19 1- 2 1- 12-15 12-31 (reduced) Extra Extra 4V4% 1- 12-26 12- 12-30 35c Year-end 1-20 12-14 75c ___: preferred River Warner 56Vic Corp. 7-16 (quar.)_ 40c 12-15 _____ (G.), Fastener 1-19 4-16 8-2-54 4 2% Corp. Co., payable in (quar.) 12-21- 5-3-54 (quar.)__ Ltd. *25c Cigar-Whelan Stores Corp $1.10 dividend preferred 2-15 5%% Ware Inc.— common 1- 2-2-54 (quar.) Co. Baking Webster (s-a). 12-31 62 VaC $3 J25c (quar.) 30c (quar.) preferred Co., United $1 514% Glass & 37V2C Extra Tamblyn Ltd. 5% ___ com. 1-20 1-20 ___L United 11-20 1- Share, 11-30 11-30 1-15 Year-end $1.12 Va Carton Corp. 12-21 12-21 25c $1.12 Co. 25c (quar.) preferred Extra 12-21 12-19 A United-Carr United 1 2-15 J25c Can Series 12-16 10% Inc., preferred United 12-15 12- 1- 20 2-15 100% Extra 12-15 12-15 2 _____________— 4%% Stock 12-16 2 (quar.) (James) Telluride & 1- Inc. (extra) dividend)__ preferred (quar.)__ Sylvanite Gold Mines, Ltd. (s-a)__ 5% Board 1- (stock (quar.) preferred 4%-: United 12-23 12-16 of America— 5% dividend cgtock 1 15c $4.40 Talcott 12- 1 Industries, Stock 12-15 12-23 8 2-15 $1.25 Circuit, 35c Sylvania Electric Products, Inc., com. '■ 5 2 61®6 c Co., com. (quar.)— pfd. (quar.)______ conv., & 12- $4.50 1- 12-31 1- 37 VaC Co Extra (quar.) Co. 12-15 30c Sutherland Paper 4,40% Biscuit 1 60c 4 (quar.) .... Ward + Theatre 12- 2 .___■ Corp. Steel United Artists 2 f75c _ Sunray Oil Corp., common (quar.)__ 4V4% preferred series A (quar.) Mining Co. (quar.) Superior Portland Cement, preferred $1.05 $1.25 dividend Walworth U5c 5% 11-30' Co Co., Electric Stock Waukesha Extra United 1- Wagner 80c —— 11-30 12-21 2% Cotton 12-18 profits). surplus - 12-10 12-21 37 VaC common Iron Railroad 100% held) 2 35c (quar.) & Wabash 12-18 Corp., Ltd.— (s-a) 12-17 1- Sunshine dividend B 12-15 15c (quar.) : Stock 1 4 $1 I 2 1- 15c (Canada) Tool Class 1- 7 $1.01 $1.50 (quar.) com. dividend 11-30 - (s-a) 12-31 $1.12 : Extra Machine A Extra i5c common Co. 12- Amusement Class 1 Stock 12-30 (quar.) common 11-30 1 37 VaC 50c 20c —— <quar.)__ Assurance 12-14 12- Mould 12-15 Extra 40c (quar.) __ Sunstrand share one 37 Vic _ (quar.) preferred erch of United in 12- 12-15 (quar.) System, 2 investment net security paid 3-17 $1.25 (quar.) Extra $4.50 from (from 12-10 12-21 (accum.) Co., prior preferred preferred Waldorf 1- $1 dividend). 12-10 12-31 50c Detinning Co., 7% 12-18 (quar.)_. (stock from 21c 6-17 25c pfd. Sullivan Consolidated Mines. Ltd Sun (59c and 12-17 12-15 Vulcan Vulcan Sugar 22Vic distribution 1-2-54 $1 Co., common convertible preferred (quar.) Company dividend Fund 12-31 70C Wailuku 2 12-19 20c 10% $3 12- 30c (quar.) 2 25c Power preferred 12-18 10 Vic Accumulative United $4.50 12-10 62Vic (quar.) 1- 5 12-13 (quar.) 12-31 $1.25 A 12-19 12-28 dividend 12-22 87Vic Ltd. 2 Manufacturing Corp.— 12-24 92Vic class Corp. Rope income 3-17 Stuart Wire Cash 6-17 Inc. 11-30 (quar.). 7-1-54 4-1-54 Co., 12-15 1 35c Oil, & 4-1-54 25c 9 9 12- $1.12Vi Omaha, 15c (quar.) 1212- 12-15 : 15c 7-1-54 & B United 12-15 25c (S.) Vulcan Corp., 12-10 37Vic (quar.)—, 1- 50c 5c Year-end 12-31 (quar.) com. (quar.) 15c Stromberg-Carlson ' Union 2-15 12-29 25c Stroock 12-31 1-15 $1 Class 1 4% prior preferred (quar.) prior preferred (quar.) Stone & Webster, Inc. (year-end) Storer Broadcasting Co. (initial). 4% 1-15 12-18 11-30 Corp. Stock Vogt 23c (quar.) ll-lO 12-10 (quar.) 25c (quar.) Pacific RR. (quar.) Stock 5% 2-5 25c Missouri, Stockyards of (quar.) Clothier, Visking 2- 1 Extra 5% & 1- preferred 7Vic Corp. 12-15 12- (quar.) 12Vic — 12-10 12- 12-28 (quar.) preferred 12-14 (quar.). (quar.) preferred 5% -Strawbridge preferred $4 1 Common 5% of 1 Inc.— (quar.) prior preferred 6% 6% 12-10 12-21 12-15 (quar.) Wabasso Extra pfd. 12-21 Co.— (quar.) 12- (quar.) (quar.) Common Co. preferred 12- (quar.) 8% 1- 5 $1.25 Corp. & preferred 2 (reduced) Corp. Electric $4.50 12-15 57c Co. 2-10 6% 1 50c $4.20 preferred (quar.) $5 preferred (quar.) Virginia Iron, Coal & Coke Co Virginian Railway, com. (quar.) 11-30 1 12-29 . 1-19 ChemicaL— preferred 12- 12-21 12-10 87 VaC participating preferred 3-1 (quar.) 12-15 1- 6%. $4.04 12-21 12-15 12-21 2 30c (quar.) Virginia Electric 12-15 12-15 1- 2-1-54 U2VaC ^ preferred. (quar.) 12-15 12-15 12- 8 $1.75 Power (initial) common (quaT.) Equipment Co. (quar.) Viking Pump Co. Virginia-Carolina 1 35c (s-a) Works, preferred 2-15 .... Film Street Corp. 25c > Co., Fuller Camp, Common 12-31 J 20c 2 1- 3 V20% 50c 11-30 (quar.) B.) & Salle La Fixture 1-15 Textiles, Inc. (John Baer ©tokely-Van 1- 2 1- 2 12V2c (quar.) 37 Vac __ preferred & common 25c (quar.) 12- 1 12- Extra Tyler 12-24 ... Steryng Aluminum Products Stern South 208 5 12-15 (increased) 12-10 12-18 12- 12-21 + 11-25 12- 1 12-18 2 12-15 <■ 1834c ... 12-> 5 11-30 1- 33c (final). Special *4% 4 12-15 t$l Victor 4 12- 12-15 12-15 20c (quar.) Chemical 12- 2 30c __ (Cuba) 12-31 5c Light (initial) Co., Sugar 12-15 1- 2 12-15 12-15 1- 1 35c (quar.) 12-10 5% tquar.) 12-14 $2 (quar.) Inc. 12-31 15c 37 Vic class (increased)!: dividend 5 2- $1 6% preferred A (quar.) r fltecJier-Traung Lithograph Corp. 5% preferred (quar.)_. Stedman Brothers, Ltd. (quar.)___ Stock 2- 12-31 Viau,. Ltd. 15c preferred +20c : (year-end) S.) Co & Finance, preferred 5 12-11 class A Century-Fox $1.20 (s-a) Works Inc., Electric Coach $1.50 12-18 2-15 1- 2 (stock dividend) B common common 3 2-15 Stai;rett New 1212- +30c 1- Co. Mills, Victor (quar.) Gas 12-17 12 Vic Vertientes-Camaguey Fair 5c (quar.)— & Greenbush 12-17 12 tic 12-11 50c Airways, class Lines 25c (quar.) 2 Norman Viceroy Mfg. Co., Ltd., class A Corp Preferred 25c 8 1- 20c $1.75 50c Y.) Tucson 1- Vanity 12-14 — 12-18 tlOc Van 12-28 10% (N. 1-15 ; Special Staiifield's, Ltd., class A (s-a) Stanley Co. :(50c _ 11-30 35c 12-1? Ltd., class A Corp. Trust and Transcon • capital surplus) 11-30 1-15 Nevada— 1-15 Light— capital surplus) (from Standard Radio, Standard Silica & 12-14 15c 12-11 ! 12-12 50c 12-15 2c (quar.)_ (quar.) 12-13 25c 12-15 7 Vic of 12-22 12-22 75c 12-11 Transcontinental Gas Pipe Line Corp. (quar.) & (from Series (quar.) Corp., $4 conv. preferred (s-a) Van de Kamp's Holland Dutch Bakers (quar.) 1- 2 12-14 12- Valspar 30c RR., class A Trunkline Gas $5 pid. (quar.) (extra) Co. 2 ... 933/4C Common B 1-29 (quar.)., Refining Co. (quar.) & Light Co 1- 2 (quar.). Co. Caribbean Class A Troy Materials, & Co. dividend Trans-Lux 12-29 preferred Utica Transit Corp 35c 25c 2 $1.12 Va 12-10 Inc.— 1-14 1- 12-15 50c (quar.) $1.06Vi 10c tl5c (quar.) Corp Co. Bank Stock 12-21 1-15 2-15 (Ohio) preferred A (quar.) Standard 12-31 15c (special) Special Inc. $1.12% pfd. A (quar.) Corp. Torrington Trans Co., 12-10 1- 1 25c 12-31 1- 2 11-20 12-13 50c (s-a) _____• t35c Corp. Royalty Mfg. Trade 3 15c common 7 15c Standard 3%% 12-20 40c Inc. 12-31 31 Vic ._ Royalty Bell Toro 11-30 87V2C Tobacco Corp., (quar.) 12-15 93c ; (quar.) (quar.) Commercial Standard 2% Co., Power 30c Toklan 12-31 10c preferred .Extra $3.50 preferred Oil 31 Vic (quar.) (quar.) Mfg. Toncpali Mining common B shipyards 35c j. Standard Brands, Inc. com. Hotel Utah Utah (quar.) 12-13 , 2- $2 30c 25c series.. 35c (quar.). 50c $1 Packing Co., common__J— preferred (quar.) Todd Co.— dividend B initial 1-15 (quar.).. com. 12-10 12-15 17 Vac 10c (quar.) Co. preferred 7% 2 '■ • Utah 11-30 (quar.) Metal 65c (quar.) 12-15 12-15 12-15 Extra Co.— 1- preferred Roofing Titan (quar.) Marine series pfd. 1-15 10c 50c 1-2-54 (quar.)___ Top Tailers, Ltd. (quar.) Tishman Realty & Construction, 11-27 12-15 40c (quar.) Corp. 12-31 10c 5% pfd. 12-15 (quar.). Products 1-2-54 (quar.) com. 12-15 4 Year-end $1 Tip 12-15 Universal 25c (quar.) — common Ltd. Stores, 4V4% 2 12-15 75c ; (A. 1- 12-15 50c D convertible 25c Quarterly Extra non-conv. 5% 25c (quar.) 25c Sprague Electric 5% Thrift 8 2% $1.25 Inc. .! Quarterly .'Staley 12- 1 4 +25c ■ 31V4c (quar.) Thrifty Drug Stores Co., 4V2% Carbon Co Sperry Corp. (quar.) Spiegel, Inc., $4.50 conv. pfd. Spokane International RR.— Sqiiare 1- 12-24 12-12 (quar.) common dividend 10c 12- 2 12-3 1- ■ 25c Stock $1.50 4 1- preferred Upson Company, 4%% Corp. 12-18 common 1- 25c 1 Holder» 12-15 1- (quar.) common 10c 1-15 fipeer ; 52c — 8% When Payable of Rec. $3.50 Ltd Pictures Extra Markets, Co Brothers, dividend Universal 1-8 (quar.)— Thorofare (quar.)_ G.) Co. 1-20 Electric— & 1-8 2-1 Mfg., 2-15 (quar.) preferred Spalding Co., 2-1 (quar.)— pfd. (quar.) +$1.50 preferred Development Southwestern Gas Co, f 45c Natural preferred $1.14 $1.21 Thompson Products, Inc., 4% preferred (quar.)__ Thor (quar.) Southwest Match Extra 12-18 25c Tool & Engineering Co. Jersey Gas Co. (quar.) Southern Canada Power Co., Ltd.— Southwestern Universal (quar.).—_ 4% Glass Thermoid 1-15 50c participating 1-8 preferred series A 4% Thatcher (Dallas)— Couth 6'Jo 11-27 Texas 12-15 Leaf 2-1 Textron, Inc. (R. I.)— $1.25 convertible preferred 2 Universal 12-18 Textiles, Inc., 60c (quar.) (quar.) Tobacco Co., $1 1 2 preferred $85 3 1- Corp., 11-27 11-16 Utilities Steel (quar.) preferred preferred $4.84 United 12-18 12- Snyder . Texas Y.) (s-a) $2 85c of 12- 1- Quarterly Common (year-end)— proprietary interest (year-end)— Power & Light, $4 preferred (quar.) (N. ^United Stockyards Corp., Extra 70c 12-15 $1.25 11-27 .11-16 Trust Co. Share Lines, Inc. of Del. Extra Trust— 12-15 $1.16 V* 4.65% 12-15 12-15 Pipeline Co.— 75c 12-15 '. Truck S. U. 25c Gas 24c (year-end) Service (quar.) & Electric Co.— Southwestern Gas 5% 50c (quar.) 11-18 11-27 shares Ctfs. 5% 12-16 12-15 25c . Natural (extra) Pacific Land of Company S. $i T___ Common 12-18 (quar.) (quar.) Extra 30c & Paper Co. Per Name U. 10% Sulphur 12-28 50c Holders When Payable of Ree, Co.— dividend Stock 140c Bag Share Producing Texas Gulf _ Advance of Company Gulf Texas Bohtham Co., Ltd. (increased) Southern (2353), ;5JT 1- 2 12-21 1- 2 12-21 75c 12-21 # , Financial Chronicle The Commercial and (2354) P8 Name of Oil Willcox (quar.) Sewing Co. 25c — Machine Gibbs & preferred A (s-a)_ preferred B (s-a)— Wilson & Co., $4.25 preferred 5% Wilson (J. Ltd. C.), Lovett & are The 12- 1 12- 1 12-14 12-15 12-15 $1.25 $1.25 $1.06'/4 — U7'/2c 11c (.monthly) 1- 2 12-15 12-31 5% 12-31 12-1 Electric Wisconsin (s-a) . $1.50 1-15 12- 8 1-31 25c preferred (quar.)——. —— Wisconsin Hydro Electric Co. (quar.) Wisconsin Investment Co. (year-end of 4c from net income received from interest and dividends to be paid in cash, and a distribution of 14c representing net long- 12-21 and the of securities at r the the & Light Co.— $1.12'/2 Oil Co. Woodward United. members the Texas "The area. 12-28 12-28 12-19 50c $1.25 50c (quar.)—— bondholders as modification agree¬ Aetna Investors participating in the Private institutional ment 12- 9 12- 3 identified were announcement as: the in John Hancock Mutual Life Insurance Co., Massa¬ chusetts Mutual Life Insurance Co., Metropolitan Life Insurance Co., Mutual Life Insurance Co. of New York, New England Mutual Lite Co., Insurance Life tributed in 1- 2 12-18 (quar.) Machine Co. Mfg. Yale & Towne Yates-American Co., 1-20 to — (quar.)_ common preferred convertible (quar.) convertible preferred (quar.)_ convertible preferred (quar.) Yellowknife Bear Mines, Ltd. (interim) 6% Mutual Life Insurance Co., The Prudential Life Assurance Co. of Canada, and the Life Insurance Co.—V. 178, p. 2096. Travelers Oil Texo 12- 8 12-28 It 12-15 1-10 4-10 7-10 officer No 12-11 Texo 1- 4 12-11 12-11 12- 1 are 12-15 12- 1 underwriting, 75c 75c 25c 12-15 1-15 11-13 12-18 12-21 12- 8 T. 12-21 12- 8 Sherman & 25c 12-15 12- 1 25c 50c $1 1-15 12-28 12- 1 12-11 12-28 12-11 15c 12-15 12- 1 - Youngstown Sheet & Tube, Extra common — - Car Corp Youngstown Steel —— Extra Steel Door Youngstown (quar.) — Extra ; Corp Radio Extra — (year-end) Ziegler Coal & Coke Co. books •Transfer Less British x Less Jamaica income are D. L. and will from and operates, the to said Horner Mr. discussed been with and is being offered for sale. None is to be shipped used in other Textron plants in other locations.—V. 178, p. 1822. all that reported here. or to machinery The Gas Co.—Bank Borrowings— plan. engines, stock of this proceeds —V. 1953—11 Mos.—1952 The whose oil this . fall consumption, oil, lubricating this by 10-30 RPM This company. new the bank repay the solid for Special has been oil gives increased 175, Nov. Third in other business whose of types was founded blind rivets used in and small appliance and net sales of fasteners in and Illinois has no 1816, v 1375. p. other Creek (Mo.) Refinery The Manager. facilities are new and research Circuit of Board under this in Clayton the proceeding.—V. for that 177, In .the, circumstances, fffjthei'faction will be .'.n 'i . r j 178, 1101. p. Corp., City, Jersey Offered— J.—Stock N. J. offered The the of Sterchi Bros. operating and royalty years capital for working and proceeds, net the first for $20,000 will be set will remainder the $1,162,674 178, p. are at public submitted be United of aside as a be used as the Keith Paper 163, p. of Turner Falls, Total net Shares Net asset —V, 178, value p. per 1952 $21,970,301 $9,792,619 $5,560,022 2,009,921 1,619,318 758,445 462,953 $13.85 shr. $13.57 1950 $12.91 be Co.—Bonds $12.01 and issue of $25,000,000 first mortgage pipe line bonds, 4% 1973, 101.379% at and accrued interest offered on Dec. has by Halsey, Stuart design of & made on dealer's Dec, .1 discount by of 5.000 shares of Blyth 40 for of &r,Co„ Inc. cents per at share. the —V. $23.12V2 It was Stock per fc5)Oa$ share, quickly with a completed. 1952, Co., the a in a agreement was The of manufacture the said of any contract division manufacture is 178, ;Q' 36.3 p. ^urkey by amendment to its certificate "obtained from ruling a the Treas- ' x SEti Ltd., Salt to City Lake per The proceeds are projects.—V. 176, Subsidiary— its wholly-owned subsidiary. Union Producing the SEC for an order authorizing United to lend to Union an amount not exceeding $2,000,000 during a period from the date of the Commission's authorization of the transaction to an end of 1954 in such instalments and at such times as funds Co., may be applied have required will loan 1953, to requested and used be Commission request to hearing a Bond Holdings Co. & Share Co.—November Sales Higher— $14,381,681 —_ - 1953—11 Mos.—1952 $14,359,300 $160,901,397 5150.769,032 1953—Month—1952 30— Per. End. Nov. 178, Electric 1882. 178, p. Walgreen —V. The Dec. the application. on Gas Stock.—See United above.—V. from the The proceeds United. from Union to increase Its working capital. an order giving interested persons until by issued has Electric Bond & Share Co. to Sell Part of Its of 2245. p. Supply Auto —V. Co. $12,597,000 178, (Mo.)—Sales Decline— 1953—11 Mos.—1952 1953—Month—1952 Sales— $13,610,000 $161,364,000 5152.678,000 1882. p. of cents of and The countries in its own name. entered into between Pro-Phy-LacCo., Inc. and the corpora¬ Tri-Dent Tooth Brush. Under the manufacture an of determining, the cost and procedure Pro-Phy-Lac-Tic the the Ry.—Bids forJ Certificates— Western Maryland The the receive it of will company purchase from Railway oper. Net 178, tooth brush. proposed - 10 MONTHS 1953—10 Mos.—1952 2,828,889 op. income— oper. ry. —V. ry. FIRST AND Dec. 15 for certificates. $4,111,186 $42,767,689 $38,871,650 2,747,630 27.575,356 27,803,377 $1,610,335 1,037,890 expenses,. from 1 p.m. (EST' on equipment trust 1953—Month—1952 $1,363,556 $15,192,333 $11,068,273 886,616 9.147.133 6,872,323 $4,439,224 revenue rev. bids up to $4,830,000 OCTOBER FOR Period End. Oct. 31— Railway oper. 1882. p. ThiT company the to has applied $600,000 from of sum evidenced be by to short-term agreed The sale to estimate price is cost 53.4 per cents Tri- each. such of a!jie(ter Calj^—Filels— for authorization institution, such the SEC banking notes. The company expects borrow borrowing to to borrow per Dec. 172, V. the bank from to borrowing 3'%% until p. bear annum. to 1953, 21, request a hearing on the application.— 2484. « (F.^W.) Woolworth Co.—November Sales Off— 1953—Month—1952 Period End. Nov. 30— —V. 178, p. 1953—11 Mos.—1952 $ $ $ 59,797,474 Sales S 61,498.868 591,909.354 590.098,418 1882. Oil Wyoming & Exploration Co., Las Vegas, Nev.— Registers With Securities and Exchange Commission— The 1953, filed company registration statement with the SEC on Dec. 7, a covering 300,000 shares of its non-assessable SI par capital stock. prospectus states that the securities are offered a* a speculation. Prcqqeds from the offering will be used to pay for oil and gas leases The 1882.. Merchants, Inc,, San Francisco, a on or about Jan. l, 1954, the note evidencing interest from the date thereof at the rate Subsequent borrowings will be made from time to time prior to Dec. 31, 1954, in amounts depending upon Wheeling's cash requirements. Such subsequent borrowings will bear - interest from the respective dates thereof at the then current prime credit rate. The Commission has issued an order giving interested persons $100,000 Lambert corporation on Nov. 3d filed of notification with the covtfBihg 12,500 shares of c&pitamsiock to be offered at $10 per share, without underwriting. The proceeds are to be used to purchase fanch and for other expenses,,' The common approval or ratification next annual meeting the per share, without underwriting. finance building and construction $1.25 assign*# .to it, p.«2201.-y«'.' Secondary Offering Completed— secondary offering tof patents July 18. Dent ,, A no filed a letter of notification with the of common stock to be offered first to sharei for 10 days, and thereafter to 27 shares ($1 par Holland, experimental die for the purpose 3 Co. Inc. and associates, has been oversubscribed and the books closed. (See details in V. 178, Corp., Belgium Dominions, Brush tion, Sold—The series, due Nov. 1, was Tri-Dent The France, Germany, Mexico, Sweden, Switzerland. Israel, Japan and the countries of South and Central America, and authorized the corporation to apply for patents its terms which had corporation and This corporation On Transmission to is located at 128 Linden Ave., Jersey City, N. J., New York office is located at 550—5th Ave., New York, N. Y. its Tic Gas name principal office and 1165. Tennessee the acquired on Dec. 1, 1951, an assignment of the application for letters patent, of a tooth brush invented by Dr. Rudolph Ripper. This assignment includes all the inventor's right, title and interest to his invention in the United States, Great Britain $27,835,082 assets 847,000 shs. 1,000,000 shs. cents) 10 patent a changed The 1953 outstanding it had Wheeling Electric Co.—To Borrow From Bank— incorporation. and 112. 1951 (par under 1951, Its Television-Electronics Fund, hie.—Assets Up— As of Oct. 31— stock acquiring of Co. United 1166. Outstanding was incorporated in New Jersey, on Sept. of Ripco Products, Inc. for the purpose application covering a new tooth brush known as the Tri-Dent Tooth Brush, and to manufacture, license, develop and sell this brush. On Nov. 18, 1952, the name of the corporation Co.—Acquisition— purchased has company for at Underwriters, Nov. on 155,250 at used to Net BUSINESS—Corporation 18, of 1953—9 Mos.—1952 was The United that SEC— With company p. FINANCING PRESENT Authorized $1,204,832 $11,422,877 $12,332,236 Mass., it was announced last month.—V. TO to 1881. Strathmore Paper informed declared corporate purposes. general EFFECT GIVING CAPITALIZATION be Common 1953—Month—1952 sales —V. to Stores, Inc.—November Sales Lower— Period End. Nov. 30— Net The 10 cents) proceeds had new Business covering SEC (par 10 cents) at $1 per share "as a speculation." Stanley Aviation Co., Denver, Colo.—Files— company on Nov. 30 filed a letter ofpnotification with the SEC ipar plan for separating Chance under whose cognizance Navy, Navy 2682. p. stockholders The A common stock offered at $10 per share, without underwriting. be used for working capital. iegal • Utah—Files no Maggio, Inc., New York, on Dec. 7 publicly an issue of 300,000 shares of common stock Charles PROCEEDS—Of class di¬ of no A2U jet-powered attack planes, and for its Navy Regulus missiles. Chance Vought also. * recently won an important against seven of the nation's largest aircraft manu¬ development of a new, advanced Navy day fighter. United Antitrust Act. decided has Governors of Tri-Dent research facilities at the Sugar 'is* announced by H. R. Boehmer, *#s. .U ,n) housed in-; a. pew administrative, engineering shares of be , the taken the review company building.—V. 178, p. 2096." 20,000 will are in East Hartford: Hamiltonpropellers and currently engaged n both n will Per. End. Nov. 30— S. Supreme Court denied the petition decision of the Court of Appeals for U. the the which set aside the order entered by the Board of the Federal Reserve System in its proceeding against to this reserve covering the board there on Code." EARNINGS and resign from • Corp.—Petition Denied— 1953 30, Governors (Indiana)—Completes New Facilities of new enginqring refinery of this issued and 1954. that United separation Sales- certiorari up to 15% (depending on the type of driving), less faster cold weather starting, better acceleration, more Standard Oil Co. the of Navy expansion for loans, and ended June 30, 1953. Pennsylvania, Ohio, Michigan, year Transamerica pull on hills, better lubrication of hydraulic valve lifters, and longer engine life. This holds true for both old and new cars. The new oil meets all auto makers' specifications, the company said.—V. 178, p. 1821. Completion all 1954, iacilities pioneer United letter said Western automotive mileage gasoline to of many as located company, On introduced used 50% than well as are debt.—V. Standard Oil Co. of Calif.—New Discovery— new and from subsidiary from United "witl. of course, depend upon satisfactory operations by the subsidiary in fulfilling its defense program commitments and all other responsibilities during the transition period. .At this time we do not anticipate any develop¬ ments which would require abandonment of the plan and we fully be¬ lieve conditions will be such in 1954 as to permit its consummation."Chance Vought has unfilled orders of approximately $375 million, which include contracts for its twin-jet Navy F7U-3 Cutlass fighters;- 1881. 178, p. A announced on it was CaliRirnia. $17,028,813 $115,935,932 $126,352,388 $14,532,791 be to are more for $17,000,000 Plants Sales 1954, 1, used in the automotive, aircraft, transportation,! major industries, Townsend Company reported other . 1953—Month—1952 of country parts (& Subs.)—November Sales Decreased— Per. End. Nov. 30— 31, then letter The stockholders common The 18, Producer June 1; 1954. The company will use the proceeds for Borrowings under this agreement now total $12,000,000. p. 1990. 1 Spiegel, Inc. serve Department, Office of Commissioner of Internal Revenue, that the proposed plan the receipt of the shares of common stockof the new company by the holders of the common stock of United will not constitute income for Federal tax purposes Under the Internal rehabilitation. and due July before or on 9. Dec. has taken down another $3,000,000 under a $17,000,000 credit agreement set up in April. A 3'/4% interest rate applies to the 178, $1,500,000 of 41/2% notes due 1968 and has en¬ a commitment to purchase $1,000,000 of such chased tered into The company borrowing Placed Pri¬ Co., New Brighton, Pa.—Notes vately—Pursuant to a note agreement negotiated by The First Boston Corp., an institutional investor has pur¬ Corporation and notes expansion. will company under —V. plant. Niles-Bement-Pond Co. owns and occupies the adjacent plant and plans to expand operations into this additional space which should materially increase employment opportunities. Mr. Plowman further stated that the East Greenwich plant is presently being run out and (Continued from page 13) —V. officers subsidiarv corporation's policy of substituting diversified growth textile operations Laurence C. Plowman, VicePresident, Manager of the Industrial Building Department, on Dec. 4 announced that a purchase agreement had been signed with NilesBement-Pond Co. for the purchase of Textron's East Greenwich tricot Investment News Natural the the the the United Gas Corp.—Loan to Southern or held in April, guided Incorporated—Sells Tricot Plant— line with this Townsend General Inc. sury industry for uneconomic tax. payment or holders of record dates Previous published dates were incorrect. & Co.; Finance Corp.—V. 178, p. 2202. Co.; and Petroleum Textron tax. Corrected are L. In less 15% Canadian non-residents' tax. Funds, tax deductible at the source. Non¬ income and liabilities transferred Navy, .competition facturers for the resident tax 7%. 15% ; resident tax a letter of notification dated Nov. 23, who acquired them as a result of a previous net proceeds thereof go to these dealers, who their own underwriters, and include: Farrell Securities by dealers the by case portion of any covered shares, Alexander Reid & Co.; Peter Morgan & Co.; D. J. Lambert Watson & Co.; D. H. Ellis & Co.; Mathias-Miller Co.; Co.; dividend. this for closed not Canadian in owned selling is Corp. 85,320 this in tPayable in U. S. Funds, tPay&ble Oil The Co.— Products the management of their shares in Texo, it was with connected anyone or stated. 1- 4 12-15 25c (quar.) director or the be Revenue shares lately. these 12-16 proposed sale of 85,320 shares of common United's of of Dec. United of company manufacture common The in our issue of Dec. 7 that the net pro¬ reported stock of this company would go to Harris T. Smith, Vice-President. On the con¬ trary, Mr. Smith is said to have acquired a considerable number of 25c — Extra Okla.—Correction— Ardmore, Corp., the from 56V.iC 25c (quar.) common preferred (quar.) (L. A.) Spring & Wire Sun America, incorrectly was ceeds 25c Corp., Extra aircraft of 2- 1 1- 2 1-15 20c 1- 2 37'/2c 1-30-54 37'/2c 4-30-54 37V2c 7-31-54 24c 1-16 25c 1- 4 25c 50c 25c The Northwestern Mutual New York Life Insurance Co., be Aircraft, the manufacture of other aeronautical accessories, located in Windsor Locks, and Sikorsky Aircraft division, the nation's pioneer helicopter firm,, located in Bridgeport. The letter said that the plan for the distribution of shares ot> common stock of the new subsidiary company to the holders of the 12- 3 12- 3 11-20 12-18 of certain before or officers new Rentschler propeller 12- 3 Co. will Vought of the new subsidiary company will be dis¬ then holders of the common stock of United! the Standard division, a 1- 2 Co., and assets division plans lor taking any similar step with any of its other three divisions; all of which are in Connecticut—Pratt & Whitney Aircraft, a pioneer 12-15 Insurance "certain Chance directors of on slock to all the objection no 12-15 1- 2 1- 2 Insurance B corporate connection between the new company and United." Mr. 25c Yellow Cab that rata time of rectors 50c Life Insurance Co., The Penn said, Aircraft as period, board common pro that At $1.12y2 $1.12'/2 t3c ' 25c r. prior preferred (quar.) convertible prior preferred in Frederick 8. • plan, is of shares 50c (quar.)_ Dec. on will be made to elect to fts board able businessmen 12-14 12-14 12- 9 equipment. letter known that the of 1- 2 1- 2 common stockholders Vought be to During arrangements 50c Extra y of as Vought and Chance name, in exchange for common stock of the new com¬ Thereafter, during a transition period, the new company al¬ though a wholly-owned subsidiary of United, will operate independently had plant its corporation. pany. according to Mr. brings the total current sinking fund requirements of the (including debt not refinanced under this agreement) below present provision for depreciation and amortization of property, the separate a similar some or payments, fund sinking annual in \ the Chance Chance reduction United's to 1954," 1, present corporation Vought Monthly • a This (quar.) Wrlght-Hargreaves Mines, Ltd. (quar.) Wrigley (Wm. Jr.) Co. (monthly) Zonite Jan. the to Hargrove, Lothrop, & Year-end 4'/2% 4'/2% Zenith "On of company modified. as stockholders. 11-30 preferred (quar.)-. Worthington Corp., common Young mailed 12-15 12-15 5% 4'/2% letter a (quar.) Co. Iron Woodward York In 12-30 12-30 Extra 6% the t30c Steel (see Alan Wood Steel). (Alan) Woodley Petroleum, common (quar,)— 5% preferred (quar.)———————— 6% agreement also were plan to establish a Texas, onevpf the pioneer aeronautical organizations United States, will be known as Chance Vought Aircraft, Inc. 12'/2c 62y2c (quar.) Ltd. Wilsil, (quar.) indentures and Dallas, division, 11-30 11-30 12-12 $1.20 27'/2c 75c Dec. 8 announced on division, Aircraft Texas ;— 4.80% Wisconsin Wood 11-30 modification the corporation Vought The 12-15 12-15 12-19 1- 2 1- 4 preferred (quar.) —————-—— preferred (quar.) —.——— Public Service Corp. (quar.) 4y2% Wiser 1, final the sinking fund requirements are changed so as to make all of the refinanced bonds payable in 'semi-annual Installments of 2%% of the principal amount beginning May 1, 1954. This reduces the sinking fund requirements of the com¬ pany by approximately $3,000,000 on an annual basis from Nov. 1, 1953, to Nov. 1, 1962. Certain other related provisions in the mortgage 11-27 12-24 18c shareholder) of option 1970; all of maturity date. Nov. a as Under to Wisconsin Power third, 1973, gains realized from the sale be paid in cash or stock capital term the bonds, extends affected. Two ol the three dates of Nov. 1, 1962, and the modified bonds now have Nov. 1, institutional investors holding maturity dates of the three bond issues refunded issues had original final maturity the - ' supplemental This Rentschler, Chairman, and H. M. Horner, President, said the directors had aproved and adopted a plan of reorganization of Uuued and its Chance Vought division, subject to the approval of United's common modification of its existing mortgage indentures. This modification, which has been agreed by all the private to , The First National of mortgage pipe line bonds by first 6% ■ has Power Exchange H. Hargrove, President, announced on Dec. 4 that this corporation refinanced an aggregate of $186,210,000 principal amount ol its R. Co.— preferred non-cum. office 1, 1972, bonds at Corp.—Refinancing— Transmission Texas Eastern Winnipeg Electric pipe mortgage New York, N. Y., and at the Chicago, 111.—V. 178, p. 2201. Place, Bank, 11-30 12-18 }$2.50 (quar.) (quar.) Grocery line bonds 3T4% due Aug. now available for delivery in exchange for temporary Chase National Bank of the City of New York, 43 first Definitive Co.— 5% Winn Monday, December 14, 1953 . United Aircraft Corp.—To Separate Aircraft Unit— Ready— Bonds Definitive Payable o/ Rec. 2-19 1-29 Share Company Holder« When Per •» Wilcox . . I leased of its land, to pay and to securities, and drilling of wells for oil and gas on the for the costs of organizing the company, sales for the pay administrative expenses.,. - Thq^company was organized under the laws of the State of Nevada Julie 22. 1953, by Louis A. Sears, for the purpose of engaging in on general oil and gas business, with the objective of developing,. acquirtngvVi.nd telling oil or gas production.—V. 178. p. 188-' > the Volume 178 Number 5281 . The Commercial and Financial Chronicle . . 59 (2355) STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Bond fin, Treasurer's Florence, Ala. Offering—Robert V. Grif¬ Secretary-Treasurer of the Trust at 16, issue an and sewer Dec. (CST) a.m. of 1988 turing in callable from 1 inclusive. Bonds 1964 and approved ma¬ thereafter of Dec. as Dated Dec. on are 1, 1963. Legal¬ by Salt Thompson, Dumas, O'Neal & Hayes, of Bir¬ mingham. offered on awarded $350,000 Dec. 2—v. Dist. New Trust a improvement Atlanta, of Georgia, Cumberland Secu¬ rities Corp., Nashville, and George M. Wood & Co., of Montgomery, 100.12. • 350,000 refunding bonds of 2 Vis, as at basis of about 2.22%. a to the a public composed group Equitable school as follows: on Dec. 1 reported.—v. from 1 building v. 178, to a to 1972 in¬ Dec. 1 from 1973 to 1983 bonds Dec. 8— awarded composed of W. R. Investment Co., Little group Rock, Union Planters National Memphis, and T. J. Raney & Sons, of Little Rock, at 100.08, a net interest cost of about 2.23%, as follows: Bank of $2,015,000 3%s: from Due 1954 to 1,235,000 750,000 2V2s. Is. Dec. on 1 1963 inclusive. Due from 1964 to Dec. on 1 1968 inclusive. Due Dec. on Athens, Ala. Stone J. bids his at until1" 11 office in Youngberg, both of San Francisco, Wagenseller & Durst, Los Angeles, Hill Richards & Co., of San Francisco, Stern, Frank, awarded to a group composed of Hendrix & Mayes, Sterne, Agee & Leach, both of Birmingham, and Thornton, Mohr & Farish, of Montgomery. Bond (PST) Dec. on Jan. 1 from 1955 to 1979 inclu¬ Principal and interest (J-J) payable at the-County Treasurer's office. Legality by approved O'Melveny 8c Myers, geles. Contra Costa of Los School An¬ District, County, Calif. T. Clerk, will sealed bids until 7:30 p.m. (MST) Dec. 21 for the purchase of bonds. Dated Dec. 1954. 1, 1953. Due on office (PST) bonds. Due Witter 8c Dec. on of 1 22 $100,000 Feb. 1, from 1955 Principal and to in¬ (F-A) payable at the County Treasurer's office. Legal¬ July 1 from 1955 to 1969 inclusive. Principal and interest (J-J) pay¬ ity approved by Orrick.Dahlquist, & Sutcliffe, of San able at the City Treasurer's of¬ Herrington fice. Legality approved by Gust, Rosenfeld, Divelbess & Robinette, Francisco. Bond Maricopa County School District No. 68 (P. O. Phoenix), Ariz. Bond Offering — Rhea Averill, son, Dec. Jan. 13 a.m. 1 for 000,000 purchase on of Dec. 31 $343,000 the for building bonds. Dated July 1, 1953. Due on Dated the Feb. Bonds after 1, to on Due 1975 bonds. on Feb. inclusive. as of Feb. 1, San Luis Obispo County Flood and Obsipo Bond 178, —v. Sale 178, v. p. City, at 100.07, a as 3.53%, 4s. 1964 Other Co., of Due to 2140 awarded were — to the Jan. 22 from on 24,000 214s. Due to Jan. 1 inclusive. Jan. 22 from on syndi¬ Bond Sale Dec. 1 The — school Estabrook Cross, Co.; 8c Inc.; Hayden, Co.; G. H. Miller Co.; Barcus, Kindred & Com¬ Stranahan, Harris & Com¬ William R. Staats 8c Co.; Lyons Shafto, Inc.; G. C. Haas & Co.; Andrews & Wells, Inc.; Bosworth, 8c Sullivan tcher 8c and Writer & Allen & p. 1823—were neth ■ to Ken¬ $300,000 Walter, Company, Inc.; Company; Boet- Peters, Christensen, Inc.; E. Ray Company; Taylor & Co.; Wood.y Bond bonds ele¬ offered to Carroll, (P. awarded 100.41, to the Boston, First as 2!/2s, basis of about 2.45%. a Sanitary Dist. No. receive (EST) of sealed on bids until 11 a.m. Dec 17 for the purchase $100,000 municipal building site bonds. Dated Jan. 1, 1954. Due on Jan. 1 from sive. 1955 to of rectors, will until the Board of Di¬ receive sealed bids p.m. 8 (MST) on Dec. 21 for the purchase of $315,000 sewer system bonds. on Julv inclusive. (J-J) Dated July 1 from Principal payable at 1, 1953. City sealed Dec. 000 Clerk, bids until will 7 Dated Jan. 1955 to cipal and interest (PST) interest cer; County tional at the the Bank Trust & on inclusive. 1974 the office of and at Camp¬ (J-J) on Jan. 1 jPj^fn- payable Finance of America Savings Elementary School District, Humboldt County, Calif. Bond receive p.m. 1, 1954. Due from to Calif. 17 for the purchase of $375,recreational facilities bonds. 1955 the 1972 Vista, Bond Offering—Kenneth bell, Bond Offering—Wayne Sanders, Secretary & Offi¬ Na¬ Associa¬ Union Sale—The $35,000 build¬ ing bonds offered Dec. 1—v. 178, p.m. (EST)purchase of the for $390,000 school bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1954 inclusive. 1973 to interest payable at Principal and the Hartford ford, at the Manufacturers Na¬ or Bank, Waterbury. Legality by Day, Howard, of Hartford. approved Berry & Fla. Offering—Harold Sil¬ F. City Clerk, will receive sealed (EST) on Dec. 22 for the purchase of $35,000 munic¬ ipal pier Dec. 1, 1953. 1954 to on bonds. revenue Due 1963 Dated Dec. 1 from on inclusive. Callable after Dec. 1, 1954. Principal and interest (J-D) payable at the City Clerk's office. Legality ap¬ or B. Knowles, GEORGIA Fulton-DeKalb I Hospital (P. bi O. Atlanta), Certificate Sale Authority Ga. A syndicate by Robinson-Humphrey Co., Inc., of Atlanta, and Blyth & Co., Inc., New York City, pur¬ 178, p. bonds offered (J-J) 8—v. Dec. 2141—were awarded to a of the Chase Na¬ group composed tional Bank, C. J. Devine & Co., Salomon Bros. & chased — Hutzler, privately on Dec. 9 $20,000,000 building sue of nue certificates, at $3,040,000 4s. Due 1955 1959 inclu¬ Principal and interest school 1 15 headed Danbury, Conn. BondOffering — Frank W. Schneider, City Treasurer, will — Loleta Dec. on by Gordon City Attorney. O. Sale—The $387,000 school Dec. 3—v. 178, p. National Bank of at office of the at re¬ Falls), Conn. offered 2141—were will Day, Berry & Howard, 750 Main proved Falls Beacon San Francisco. Chula (P. O. Tucson), Ariz. "Due Principal and interest (F-A) Ellis 8z Co., of Phoenix. Pima County j ; awarded 1970. sealed bids S. Harmon — Treasurer, bids until 3 p.m. CONNECTICUT Beacon Inc.; Hornblower & Weeks: Bacon, Stevenson & Co.; Dean & Offering Town ceive ver, & Jacquith, of Denver, 2]/2s and 23/4s, at 100.10. pany, & Bond Bond Kirchner as Ripley 8c Co., Inc.; Co.; Goldman, Sachs 8c Co.;.f R. W. Pressprich 8c Co.; Equitable Securities Corporation; Kaiser & Co.; Blair, Rollins & Co., Inc.; A. C. Allyn and Com¬ Roosevelt Woodbury (P. O. Woodbury), Conn. FLORIDA bonds awarded were Shields 8c Co.; 1.89%. Jan. 22 from on County Sch. Dist. No. 11 O. La Junta), Colo. mentary a Corp., Harriman Ripley & Co., Inc., both of New York City, Cooley & Co., Hartford, F. S. Smithers & Co., and G. H. Walker & Co., both of New York City, as 1.90s, at 100.05, a basis of about COLORADO (P. 10—v. ton 1965 to 1974 inclusive. 1963. $3,580,000, Dec. group composed of the First Bos¬ tional 1964 inclusive. 60,000 2V2s. Due Otero the of The — offered National Bank & Trust Co., Hart¬ 1955 to 1960 inclusive. 1961 Sale (P. O. Conn. Bradenton, on 1984 Hartford, interest. St., Hartford, until 2 County, Calif. were 1, Hartford- Co., 2247—were awarded to p. Boyd, Sale—The $120,000 build¬ bonds offered Dec. 8—v. 178, ing 178, San Valley Union High District, Contra Costa Jan. 1 from Jan. the to Trust bonds awarded Imperial Bank of America National Trust & — 1.25% school Savings Association, of San Fran¬ 1924 on members & at 7 Bond cate: Harriman Witter Connecticut follows: on 3V2s. from & Dec. Ramon School net interest cost Due offered Francisco. 1957 to 1962 inclusive. 300,000 $40,000 im¬ 2032—were Witter bonds revenue — bonds p. Dean Calif. The — $10,000,000 cisco, as follows: offered $36,000 2%s. Due The — County, Sale provement Dean awarded were Bond County, Calif. $90,000 build¬ Water Conservation Dist., San Luis San to District tax anticipation notes of— fered Dec. 3—v. 178, p. 2141— Elementary Sch. Dist., Sale—The Heimerdinger; payable at the City National Bank MacArthur & Interest J-J. Co.; & Trust pavable at the State Treasurer's Kenower, Co., Danbury. Legality Dabney & Tyson; office, or at any agency of the Townsend, approved by Reed, Hoyt, Taylor Maricopa County Sch. Dist. No. 8 Corporation; Stone & & Treasurer in New York City. Le¬ Pasadena Washburn, of New York City. (P. O. Phoenix), Ariz. gality approved by Orrick, Dahl- Youngberg; Schwabacher & Co.; Bond Sale—The $324,000 build¬ Manchester, Conn. quist, Herrington & Sutcliffe, of Wagenseller & Durst, Inc.; and ing bond offered Nov. 27—v. 178, Kalman & Company, Inc. Bond Sale The $2,400,000 July 1 from 1954 to 1973 inclusive. Dec. 14 for the purchase on $800,000 school bonds. Dated Dec. 1, 1953. Due on Dec. 1 from West Hartford American Trust Co., of San Fran¬ cisco. build¬ pany; (PST) land callable $65,000 awarded of about pany, maturing in 1971 and there¬ are County, Calif. to a sysndicate headed by Blyth & Co., and Smith, Bar¬ ney 8c Co., both of New York and purchase of $50,1.954. 1956 Dist., awarded John¬ G. a.m. veterans' from 8 will receive State Treasurer, Clerk of the Board of Supervisors, will receive sealed bids until 10 (MST) (State of) Offering—Chas. sealed bids until 10 Co., of Oak¬ County, Calif. Walker California of Phoenix. Angeles, Imperial Irrigation Dist., . _ 750 p.m. Note Sale—The $400,000 Second ing bonds offered Dec. 8—v. 178, p. 2246 — were awarded to the D. Co., of San Francisco. 8,900,000 Martinez, Howard, until 2 Hartford, Hartford), Ventura Bond p. Paasch, Dated Feb. on inclusive. terest in purchase building improvement" 1974 sewer a.m. the receive for on $175,000 11 until his Fred Elementary Sch. $800,000 4y2s. Due Offering—W. at bids Ariz. Fox, White 8c 2140—were p. . Union Brentwood & Sale—The Bond a.m. office of Co., of San Francisco. Oxnard to electric Bond Offering—Herbert Nichols, City N. Ana, the & will the at 2247—were awarded to Weeden p. ing bonds offered Dec. 8—v. 178, County Clerk, will receive sealed Acting C. and 15 ARIZONA Clifton, Meyer Smith, Santa building Berry St., (EST) Treasurer, bids Dated Jan. 4, 1954. Due on to 1979 inclusive. Moorpark Union Elementary School District, Ventura County, Calif. Bond Sale—The $90,000 build¬ ing bonds offered Dec. 8—v. 178, & of Bond B. $400,000 Day, Main cliffe, of San Francisco. group: & Hueneme District, Orange County, Calif. — the of from 1 School Offering 2.81%. land. County Clerk, will receive sealed sive. Sale—The $500,000 school offered Dec. 2—v. 178, p. members Ventura Bond about Harris Trust & Savings Bank, of Chicago; Weeden & Co., J. Barth & Co., Merrill Lynch, Pierce, Fenner & Beane, all of San Fran¬ cisco, John Nuveen & Co., of Chi¬ cago, Lawson, Levy & Williams, CALIFORNIA Alamitos of Blake & Co.. both of Los 1969 to 1971 inclusive. on 1924—were offered 2032—were p. Stephens for ALASKA bonds $4,000,000 Other purchase of $35,000 build¬ ing bonds. Dated Jan. 1, 1954. Due inclusive. Bond The Dec. 22 for the on of of Town sealed were terest cost of about 2.82%. Arkansas — 8 3s, as follows: as cost Dec. Elementary School District bonds at 101.89, a net in¬ Special School District, Sale (PST) a.m. purchase bonds. 200,000 . Little Rock 1962 to clusive; and $159,000 3V2s, due on p. offered interest 3.28%, 2V2s, due 1956 1963 as Stranahan, Harris & Co., of Toledo, are the District's Fiscal inclusive: $119,000 3s, due on Dec. 17 178, Grainger, receive $980,000 build¬ Jan. 4 from 1955 Agents. revenue School District, County, Calif. 1954 to 1973 inclusive. Principal and interest payable at the Hart¬ Principal and interest (J-J) pay¬ ford-Connecticut Trust Co., Hart¬ awarded to a syndicate headed able at the County Treasurer's of¬ ford. by the Bank of America National fice. Legality approved by Or¬ Trust & Savings Association, of rick, Dahlquist, Herrington 8c Sut¬ Torrington, Conn. Sale—The Bond Francisco, plant Jan)*l2, not Dec. previously Securities $72,000 of Angeles $780,000 Union High School Dis¬ trict bonds at 101.94, a net is about from Los County, Calif. Dists., San generating bonds Odess, Martin & Herzberg, of Birmingham, at 100.07, a net of Date — City Merced bids at his office in Merced, until 2246. tric Nashville, RobinsonHumphrey Co., Atlanta, Breed & Harrison, of Cincinnati, Courts & Co., Atlanta, and cost Merced Bond Offering — E. G. Adams, Los County Clerk, will receive sealed of bonds Corp., interest Myers, ing Bond group composed of Company Date issue of $5,000,000 elec¬ an 1924 p. fiscal any 11 (P. O. Phoenix), Ariz. Offering sale of follows: as public bonds to 178, bonds at or & Sch. Downey ARKANSAS Sale—The $700,000 •—were O'Melveny Angeles. by Project Agricultural Improvement and Power Tuscaloosa, Ala. Bond tion, Los Angeles, Bank, River and water bonds. revenue at the Harris or Cutler, of Chicago. Dec. on $2,250,000 1, 1953. Due 1954 to ity 11 office, Savings Chicago. agency of the City in Chicago or Legality approved by Chapman & New York City. Legality approved Board of Water and Sewer Com¬ missioners. will offer at public auction & to 3,505,000 from from 2V2s. from The 1, of as and Feb. 1, on Due Feb. on Feb. 1979 inclusive. are dated 1 are 1 , 1 ■ Feb. maturing those thereafter and Feb. 1975 inclusive. 1976 to interest Trust Due certificates 1954 1961 2%s. on 1964 inclusive. 1965 to 3,780,000 follows: Feb. 1 from on Due 1960 to 9,675,000 reve¬ inclusive. 1959 2V4S. par, as is¬ an in callable 1960. Principal and (F-A) Company payable of at the Georgia, At¬ Laur¬ lanta, and at the fiscal agency of Co., Auchin- the Authority in New York City. Redpath, and Legality approved by Spalding, 8c Savings Association, of San John Small & Co., all of New Sibley, Troutman & Kelley, of York Fr.ancisco, as follows: City, as 2.35s, at 100.32,, a Atlanta, for the underwriters, and 'basis 6f about 2.32%. $128,000 3V4S. Due on Dec. l^.from Bird & Howell, of Atlanta, coun¬ p. 2140 Bank — of 1955 were awarded America to National ,1968. inclusive. 7,000 3V2s. Due on 1969 1972 inclusive. to to the Trust " ence M. closs, Marks Parker & & sel Rocky Hill (P. O. Rocky Hill), Bond Offering — to the Authority. Other members of the syndicate: Connecticut Dec. 15 from William S. Equitable Securities Corporation, €0 The Commercial and Financial Chronicle (2356V Nashville, Drexel Halsey, reflecting bid & Co., Ripley & Stuart & Co., Harriman Co., Inc., Lehman Brothers, Smith, Lynch, Pierce, Fenner & Beane, all of New York, Courts & Co., of At¬ lanta, Shields & Co., White, Weld Corp., Merrill from Hilsman & H. Due semi-annually Griffith after March 1, 1957. inclusive. first $580,000 9— offered Dec. bonds 178, p. 2247—were awarded to v. & — & Securities posed of the American Corp., Ira Haupt & Co., R. L. Day & Co., and Freeman & Co., all of New York City, as 21/4s, at 101.39, a basis of about 2.14%. Minneapolis, Tillman- Interest J-D. Legality approved "Whitaker Co., of Athens, Cullen J. by Chapman & Cutler, of Chicago. Indianapolis School City, Ind. a. Hoffman Co., and Cabell Hopkins Bond Sale—The $350,000 build¬ Lake County, North Shore Sanitary & Co., both of Columbus. District (P. O. Waukegan), 111. ing bonds offered Dec. 8—v. 178, Bond Sale The $2,500,000 p. 2032—were awarded to the First IDAHO National Bank of Chicago, as sewage disposal bonds offered Co., of — Shoshone & Counties Kootenai Dec. Joint Class "A" School District No. 391 10 — awarded p. 2247—"were l%s, group composed of a the Northern Trust Co., Chicago, $1,750,000 Harriman Ripley & Co., Inc., Blyth Dec. 7— & Co., and Smith, Barney & Co., v. 178, p. 2032—were awarded to a all of New York City, Stern Bros. group composed of Blyth & Co., & Co., Kansas City, and Farwell, New York City, Foster & Mar¬ Chapman & Co., Chicago, as 2V4S, shall, of Portland, Kalman & Co., at 100.16, a basis of about 2.23%. Minneapolis, Edward L. Burton & Co., Continental Bank & Trust Co., The Teachers College Board of the State of Illinois for Northern Illi¬ and First Security Bank of Utah, N. A., par, all 3.69%, Salt of Lake City, $718,000 3V2S. Due Jan. 1 from on 1,032,000 3%s. Due 1965 Jan. 1 from on Bureau County Community High School District No. 509 (P. O. LaMoille), III. Bond Sale—The $475,000 build¬ ing bonds offered Dec. 3—v. 178, p. 2032—were awarded to & group of Harriman Securities 100.05, 2.31%, 1955 to 80,000 on Jan. 1, and 1968 Township Hospital County, Ill.f.uMWi.-1 , Due Oct. on inclusive. 1 from 1957 to Principal and in¬ terest payable at the City National Bank & Trust Co., Chicago. Legal¬ ity approved by Chapman & Cut¬ ler, of Chicago. Chicago Park District, III. Bond Offering—Sealed bids will be received by the District Treas¬ until Dec. 29 for the purchase urer of $6,000,000 bonds. on 1988 park Dated Dec. 1 Dec. from * offered bonds 2032—were p. Howard O. Bond as Sch. the received until 7:30 p.m. Dec. 16 for the Dec. fire station building equipment bonds. 3 152,000 sewer 1, 1953. to DuPage County Community High ,'i School District No. 100 (P.O. s Bensonvilte), 111. • 113,000 park Dec. District, Bond Board, bids until Sale—An 1953. 1973 to after Dec. or Principal and interest the Peoples Bank, Legality approved by Peter, Hey burn & Marshall, of Louisville; and, upon request, by Chapman & Cutler, of Chicago. 1960. 1, payable School Township bonds.! . Iowa issue of $65,000 ' building bonds offered Dec. 9—v. 178, p. 2247—were awarded to a semi-annually from July 1, 1955 to July 1, 1972 inclusive. are dated Dec. ; Cutler, LOUISIANA Parish, Parishwide School District (P. O. Shreveport), La. 178, group & BondOffering School sealed bids Jan. for will receive 1:30 the be received until 8 p.m. 15 for the bonds. Dated Feb. 15 from inclusive. Principal 1974 to (F-A) payable at the National of Bank Shreve¬ port, or at such other bank as may be designated by the purchaser. Legality approved by Chapman & Cutler, of Chicago. Parish, Ward Seven Hospital Service District O. (P. Montgomery), Bonds offered one 2—v. Dec. & man basis of about a Certificate 178, p. (CST) on general obligation fire equipment bonds.- ' Sioux City Bond Indep. Sch. Dist., Iowa Offering—H. 1, 'Secretary of the C. Board Roberts, of . ,f $30,000 water department equipment bonds of¬ fered Dec. 7—v. 178, p: 2248— were awarded to the Cape: Ann National Bank of Salem, as»1.60s, at 100.09, basis of about 1.56%* a ' r.'r n v -W- Turnpike Authority, Massachusetts j Large Bond Offering Next Year —A issue bond placed be of approximately is expected to "be the market sometime on Spring, with th^ proceeds to next connection in used the with cross-State superhighway project, plans for which were recently apr« proved by the Massachusetts Pub¬ lic Works Commission and:.' the Authority. nationwide syndi¬ by F. S. Mose,ley & A cate managed Co., First Boston Corp., Blyth & Co., and Tripp & Co. plan's.vJp Offering Bedford, Mass. New Bond Sale—The offered 10 Dec. $1,960,000 bonds awarded were to Halsey, of composed group Co., Inc., Phelps, Fenn & Co., Goldman, Sachs & Co., Paine, — Frank J. Webber, Jackson & Curtis, Coffin & Burr, and all at of Hornblower & Weeks, York New 100.47, City, 2.40S, as basis of about 2.34%. a Sale consisted of: purchase of $270,152.72 for the Sale—The Bond Stuart & (P. O. La. of the Parish Police Jury, will receive sealed bids until 2 p.m. (CST) on Dec. includ¬ $1,000,000 school bonds. Due on mature from Dec. 1 from 1954 to 1973 incl. paving certificates, $253,214.21 to to 1964 inclusive, 938.51 from 1955 to 1969 and $16,inclusive. Parish (P. Livingston), La. Livingston Sale—The $400,000 Bond 960,000 Junior High School con¬ struction improvement 10 — v. 178, bonds The drain¬ bonds offered 1824 — were San- p. No. 1 Principal able at Storey, Bond 2247—were awarded to a group 2248 : y.»i. Sale—The $2,320,000 school awarded were 178, 9—v. Dec. offered — Palmer & Mass. Weymouth, bonds 1, Shawmut Legality approved Thorndike, Dodge, of Boston. by Dec. interest pay¬ National the Dec. oh inclusive. dated and Bank of Boston. build¬ ing bonds offered Dec. 8—v. 178, Due 1973 are 1953. (P. O. Amite), La. Bond Sale—The $765,000 bonds. 1954 to from 1 O. Tangipahoa Parish Con. Sch. Dist. p. 1.99%. compete for the offering. Secretary Deemer, age Hammill - Gloucester, Mass. a Gretna), 1955 Shearson, Co., Co., and Freeman & Co., all of New York City, as 2.10s, at 100.08, bid rejected. Jefferson Parish ing Ira Co., La. Sold—The Not 1925—was street & & submitted for the $35,000 hospital bonds Devine J. (CST) $225,000,000 of p.m. school and interest to a p. group headed by composed of Halsey, Stuart & Co., of Inc., Union Securities Corp., Gold¬ New 100.06, 3.58%, a as Newman, Brown & Co., Orleans, at a price of net interest cost of about man, $140,000 3V2s. Due on Jan. 15 from 1955 to 1959 inclusive. 169,000 3y4s. Due Sachs & Co., Paine, on Jan. 15 from 1960 to 1964 inclusive. all of New York City, Townsend, Dabney & Tyson* t. pi Weeks, Weeden & Co../San 2s, at 100.05, a basi« and Boston, Francisco, as of about 1.99%. t 206,000 3V2S. Due on Jan. 15 from Winchester, Mass. 1965 to 1969 inclusive. 250,000 3.65s. Due members Webber, Jackson & Curtis, and Hornblower follows: & Other purchase of $17,000 C. Co., Haupt & Co., Brown Bros. Harri¬ purchase Feb. 15, 1954. Due on First 8—v*! Dec. 2247—were awarded to a composed of Glore, Forgan Roscoe H. — Board, until 12 $5,000,000 1955 < $1,700,000 offered bonds p. Massachusetts on Jan. 15 from 1970 to 1974 inclusive. Bond Offering—Sealed bids will semi-annually from July Dec. to July 1, 1973 in¬ 1955 bonds school The — at Caddo on on purchase of $5,- 1, 1954. Sale Monticello. ford, of New Orleans. Nevada, Iowa ; ■ clusive. The on awarded to White, Hattier & 1:30 lows: 1, 1954 from 1 - sealed Due on inclusive. Callable Dec. bonds. Havelock Consolidated School 37,000 Civil Township bonds. Due C. Allyn & Due and 128,000 street improvement bonds. 33/4s. The $1,140,000 group composed of A. of Corporation p.m. approved by Chapman & (CST) on Dec. 19 for the purchase of Chicago. Due of $77,000 bonds, divided as fol¬ 1973 Tate, the bonds. Dated Dec. 1, construction'bonds. improvement 1955 (CST) purchase $90,000 p.m. ceive Due Nov. Bond revenue Kues- sealed bids until 2 V2 % building bonds was sold to Des Moines National (CST) on Dec. 17 for the Iowa the purchase of $170,000 building Bank of Des Moines, and Laurens bonds. Dated Dec. 1, 1953. Due State Bank of Laurens, jointly, at semi-annually from July 1, 1955 100.57. to Jan. 1, 1975 inclusive. Interest Muscatine, Iowa J-J. Legality approved by Ross, Bond Offering — Florence Ma¬ McCord, Ice & Miller, of Indian¬ son, City Recorder, will receive apolis. sealed and open bids until 5 p.m. Franklin Township (P. O. (CST) on Dec. 17 for the purchase Whitewater), Ind. of $400,000 sewer bonds. Dated Bond Offering—Robert J. Bur¬ Dec. 1, 1953. Due on Nov. 1 from gess, Township Trustee, will re¬ 1955 to 1969 inclusive. Legality 7:30 of (EST) noon the for 14 will receive Treasurer, 000,000 notes. Dated Dec. 17, 1953. Ky. Electric Plant Board, will receive sealed bids un¬ til 7:30 p.m. (CST) on Dec. 17 for the purchase of $225,000 electric Grant Ind. Offering—Daniel M. Dris- Brockton, Mass. Offering—Lewis D. Secretary water awarded School by Dec. $483,000 bonds, divided as'follows: Greentown), Ind. of the at & Trust Co., Monticello, Bond receive will $40,000 — S. Davenport, Iowa Offering—Sealed bids will Offering—James M. Lord, Secretary Note coll,: City Hays & Fahey, of Louisville. 22 Bond be feelusive. Bond Sale City, IOWA inclusive. Indianapolis, (P. Offering-^Charles G. ^Da¬ vis, Secretary of thb Board»of; DU rectors^ will receive sealed' bid 6 until 7 p.m. (CST) on Dec. 21 for the purchase of $2,340,000 hospi¬ tal building bonds. Dated Nov. 1, 1953. School Offering—Ruth inclusive. the Indianapolis Bond & Share Eastern , 1971 Bond Jan. 1, 1961 inclusive. from 1 Dec. Corydon, Ind. Sale—The $17,500 178, Corp., O. East St. Louis), St. Clair Bond 1973 sewer —v. to (P. to on or on approved Legality * Mass. Boston, Principal and sealed bids until Bank National p. Due MASSACHUSETTS Callable order payable (M-S) Paducah. group a 4s. Bond 1969. Centreville from semi-annually 1955 to Jan. INDIANA inclusive. Due 2s. and to 1974 to Jan. 1 from 1967 p.m. 1, In¬ J-J. Legality approved by McCord, Ice & Miller, of Due on on 2 ment follows: as until bids Dec. 15 for the purchase $26,000 fire department equip¬ bonds. Dated Dec. 1. 1953. of 920,000 3%s. Due on Dec. 1 from Corp., $395,000 2I/4S. Due . 178, v. — 1956 Chicago, at net interest cost of about a 8 $580,000 Ripley & Co., Inc., Chicago, Dean Witter & Co., San Francisco, and the Chan¬ cer on re¬ 2141 — were pert, Secretary of the Board of composed of Trustees, will receive sealed bids John Nuveen & Co., A. C. Allyn & until 4 p.m. (CST) on Dec. 14 for Co., both of Chicago, B. J. Van the purchase of $850,000 school Ingen & Co., New York City, Sti¬ improvement bonds. Dated Dec. fel, Nicolaus & Co., St. Louis, M. 15, 1953. Due on Dec. 15 from B. Vick & Co., and Channer Se¬ 1954 to 1959 inclusive. Principal curities Co., both of Chicago, 011 and interest (J-D) payable at the a bid reflecting a net interest cost First Bank & Trust Co., South of about 3.79%, as follows: Bend. Dec. awarded ILLINOIS composed sealed (CST) offered building ^revenue., bonds 1974 inclusive. to ceive terest State Teachers College Ross, (P. O. 160 N. La Salle St., Indianapolis. Chicago), III. Bond Sale — The $1,500,000 South Bend 1955 to 1964 inclusive. will Clerk-Treasurer, nois at about Ind. Rushville, City numerical Parish Offering—John Geraghty, Bond offered interest cost of follows: as a (J-J) at Dated White, Secretary-Treasurer of the The — bonds net a 100.18, at (P. O. Kellogg), Ida. Sale Bond building basis of about 1.85%. 178, v. to payable O. bonds. inclusive. 1973 to First Wyatt, Neal & Co., of Savannah, Goodbody & Co., until 8 p.m. (CST) on Dec. 21 for of New York, Stranahan, Harris & the purchase of $730,000 building Co., of Toledo, Hancock, Black- bonds. Dated Dec. 1, 1953. Due on stock & Co., of Atlanta, J. M. Dain Dec. 1 from 1955 to 1973 inclusive. building inverse interest Gary), Ind. Sale —The mortgage school 1955 Building Corpora¬ O. (P. 1955 to 1974 inclu¬ Principal and interest purchase of $586,- in tion Dated Jan. 1, 1954. Due Jan. 1 from Sept. 1, 1953. Due on March 1 from Co., of Chicago, 125,000 2M>s. Due on Nov. 1 from Walter, Woody & Heimerdinger. Waggoner, of At¬ 1969 to 1973 inclusive. of Cincinnati, as 4s, at 100.77, 9 lanta, J. C. Bradford & Co,, of basis of about 3.91%. Lake Nashville, Byron Brooke & Co., County Community High of Atlanta, First of Michigan Cor¬ Indianapolis Sanitary District, Ind. School District No. 116 (P. O. Round Lake), III. Bond Sale The $1,950,000 poration, of New York, Norris & Bond Offering—H. Verna Ben- sewage disposal plant bonds of¬ Hirshberg, J. W. Tindall & Co., Stockton Broome & Co., all of dull, Secretary of the Board of fered Dec. 10—v. 178, p. 2247— Atlanta, Varnedoe, Ghisholm & Education, will receive sealed bids were awarded to a group com¬ Nuveen John for the sive. County (P. 15 for the Dec. 000 at School p.m. (CST) on Jan. 4 purchase of $55,000 build-' 1:30 until ing bonds. the First Na¬ tional Bank, Marion. Legality ap¬ proved by Ross, McCord, Ice & Miller, of Indianapolis. Bond 1954 to 1968 Cutler, 1953 Monday, December 14, . the Parish School Board, or at the Minden Bank &, Paducah), Ky. Trust Co., Minden. Legality1 ap-' Bond Offering — Rudy Pierce, proved by Chapman & Cutler, of County Clerk, will receive sealed Chicago. '/ bids until 11:30 a.m. (CST) on 1, payable (J-J) $275,000 2V4s. Due on Nov. 1 from of Atlanta, both Co., Co., J. & Evans Legality Chicago. McCracken a.m. 1955 to July 1, 1968 Principal and interest July inclusive. follows: as A. 10 (CST) on Dec. 26 for the purchase $86,000 building bonds. Dated Dec. 31, 1953. Iroquois County Community Unit Johnson, School District No. 5 (P. O. Lane, Space & Co., of Savannah, Sheldon), III. B. J. Van Ingen & Co., of New Bond Sale—The $400,000 build¬ York, Blair, Rollins & Co., Inc., ing bonds offered Dec. 3 were R. S. Dickson & Co., of Atlanta, awarded to the Northern Trust Alex. Brown & Sons, of Baltimore, Co., Chicago, and Quail & Co., R. W Pressprich & Co., Salomon Davenport, jointly, at 100.001, a Bros. & Hutzler, both of New net interest cost of about 2.37%, Clement Chapman & KENTUCKY re¬ of Sc Co., both of New York, York. of until bids sealed ceive inclusive. 1973 to 1969 inclusive. by Nee- will Trustee, Township ley, 1 from Due on Dec. 3s. 365,000 1961 to approved Offering—Harry W. Bond 490,000 2%s. Due on Dec. 1 from 1961 to 1968 inclusive. Co., Kidder, Peabody & Co., Union 1955 T wp. 4, on 1960 inclusive. 1955 to Sch. Township, O. Rural Route Marion), Ind. (P. $285,000 21/2s. Due on Dec. 1 from Barney & Co., Goldman, Sachs & Securities Franklin net interest cost a about 2.84%, as follows: of . . of the Bond Offering—E. ■■•.♦av-'.jj " ; 11 v' Abbot Brad- lee, Town Treasurer, will receive group: sealed bids until (EST) noon or Dec. 22 for the purchase pf:$l,Lynch, Pierce, Fenner & , Beane, Nusloch, Baudean & Smith, 790,000 bonds, as follows: Arnold and Crane, Howard, Weil, $1,000,000 school' bonds. Due or Merrill ^ Labouisse, Friedrichs & Co., John Dane, Wheeler & Woolfolk, and the Weil Investment Co., all of New Orleans. Di-J lyV'tebster Parish, Evergreen School Jan. 15 from 1955 to 1974 incl 790,000 school project loan bonds Due 1973 The on Jan. 15 inclusive. bonds are from "" dated 1955 t< ' Jan/ 15 1954; Principal and interest pay¬ Co., Inc., Chicago, Stifel, Nicolaus 1953.1 Principal and interest (J-JF iectdrMp,.-Will receive sealed D$Vrict No. 30 (P. O. Minden), V J & Co., St. Louis, Barcus, Kindred payable*'^ at ? the able at the First National Bahkfp First ''National bpen bids uritil ^p.m. (CST)' bn Louisiana £c Co., McDougal & Condon, Wal¬ Bank ot^Richmbn^. Bond Offering — J. E. Pitcher, Boston. Legality approved r ;b: Legality1 ap¬ Dec. 23 for th^ pforthase of $500,ter M. Kelleher & Co., and M. B. proved by RoSsf McCord, Ice & 000 school funding bonds. Dated Secretary of" the Parish School Ropes, Gray, Best, Coolidge 8 "Vicks & Co., all of Chicago, on a Dec. 1, 1953. Due on Dec. 1 from Board, Miller, if Indianapolis. will receive sealed bids Rugg, of Boston. Number 5281 Volume 178 . . . The Commercial and Financial Chronicle (2357) MICHIGAN 560,000 l%s. Due 1960 to Albion Public School District, Michigan . 1967 , and Sept. 1 from on Sept. 1, 1968 on 1969. until. 8 p.m. (EST) on Dec. 17 for of $750,000 building Inkster, Mich. Bond Sale—The $74,500 street bonds offered Dec. improvement 4—v. 178, to McDonald-Moore & April troit, 1 from 1955 to thereafter interest and bank 1965 and optional. are (A-O) inclu¬ 1972 Principal payable at as a by the purchaser. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. V special 33/4s. 27,500 trust company designated or Co., of De¬ follows: as $47,000 Ann Bond Arbor, Mich. field, Paddock & Stone, of Detroit. Tyrone Township Frac. Sch. Dist. obligation bonds 8 Sale—The $160,000 gen¬ eral obligation public park bonds offered Dec. 7—v. 178, p. 2141— were awarded to Halsey, Stuart & Co., Chicago, at 100.08, a net in¬ terest cost of about offered Dec. Jackson Inc., Toledo, $625,000 general bonds basis of about 1 as from clusive. 3s. and 2s. Sept. on 1971 from 1 1964 inclusive. 50,000 13/4s. Due Sept. 1 from on 1965 to 1969 inclusive. , Sable Au Township (P. O. Oscoda), Mich. , Bond Offering 1, sealed bids until 8 p.m. and — (EST) 1955 to on water Due on 1974 in¬ maturing in revenue 1953. Due Callable on or after Feb. 1, 1964. Principal and interest (F-A) pay¬ May on to 1959 from 1 inclusive; 3V2s, due on Feb. 1 from 1955 to 1985 inclusive. from 1 1974 Other 1962 and to $390,000 May 1 from 1970 on the Detroit members of the group: First of Michigan Trust Detroit. cago, Bad Axe, Mich. Bond Offering—Gordon City Clerk, bids 21 until for 8 Dated (EST) purchase from 1, Dec. on of 1953. Due 1955 sealed $350,000 system bonds disposal Nov. Walker, receive p.m. the sewage 1 will inclusive. 1978 to Sept on Interest proved M-S. Legality by Miller, Canfield, ap¬ Pad¬ dock & Stone, of Detroit. »' * ' A Grand I Rapids, patrick, City Co., McDonald-Moore & Co., H. V. Sattley & Co., Shannon & Co., Watling, Lerchen & Co., and S. R. Livingstone, Crouse & Co., all of Detroit. will sealed bids until 3 p.m. special .: Bond divided 365,000 Due receive (EST) bonds, Jan. on Due 1955 to The from 1 improvement Jan. on from 1 inclusive. 1959 bonds Jan. dated are 1, Principal and interest (J-J) - payable office, the at agent named City the at or fiscal as of such hereafter be office may the by 17 . Grosse 1 City Pointe, Mich. City Clerk, 14 until for park for will 10 the will the receive p.m. 8 (EST) purchase of Dated Jan. bonds. Due on and thereafter sealed on Dec $235,000 1, 1954. 1973 inclusive. Bonds maturing in 1969 May 1 from are 1955 to callable as of May 1, 1960. Principal and inter¬ est (M-N) payable at a bank or trust company designated by the Legality purchaser. approved by Miller, Canfield, Paddock & Stone, pf Detroit. * Bond Sale—The $900,000 build¬ ing bonds offered Dec. 8—v. 178, p. 2248—were of composed awarded to Braun, a group Bosworth & Co., Inc., Toledo, William Blair & Co., Chicago, Stranahan, Harris & Co., Toledo, and S. R. Livingstone & Co., of Detroit, at a price of par, a net interest cost of about 1.76%, &s follows: 1>( $180,000 2%s. Due 1955 to on Sept. 1959 inclusive. (EST) purchase of bonds, revenue The 1953. bonds Due 1 from Fox, receive sealed (CST) p.m. on Municipal Separate District bonds. Sale—-The $42,000 general improvement bonds offered Dec. 0 v. 178, p. 2248—were awarded to Boland, Saffin & Co., of New York City, as 2%s, at 100.25, a basis oI about 2.71%. Due Bloomingdale, 1976 in¬ sive. Jackson County, Van Cleave Con¬ N. J. Bond Offering—Samuel D. Bab- clusive. 100,000 bridge bonds. Due seri¬ ally from 1955 to 1964 inclu¬ Highlands, N. J. Bond cock, Borough Clerk, will receive sealed bids until 8 p.m. (EST) on Dec. 17 for the purchase of $63,0C(\ general improvement bonds. Dated Dec. 15, 1953. Due on Dec. 15 from 3V2s and 3y4s. Dated Nov. 1, 1953. school 178, H. Han¬ ed bids until 2 p.m. (CST) on Dec. 17 for the purchase of $18,000 road construction and mainten¬ equipment bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1955 1963 to inclusive. Dec. est Callable of as 1954. Principal and inter¬ payable at suitable banking a institution designated by the pur¬ chaser. Legality approved by Bond Sale provement 178, —v. The — bonds $25,000 offered 2248—were p. to the Detroit State Lakes, inclusive. interest National 1, improvement 3—v. to of De¬ par. the (J-J) Bank of July 1, Principal payable at the Detroit; Bank¬ Trust Co., New York City, or at the First National Bank of Chi¬ cago. chell Legality approved by Mit¬ & Pershing, of New York City, and Miller, Canfield, Pad¬ dock & Stone, of Detroit. bonds basis offered Dec 2142—were awarded Allison-Williams as 2V2s, at about 2.44%. of 2248—were National bid of (P. and Ingersoll Townships (P. O. School District No. 5 Midland), Mich. Offering — Ross Gordon, Secretary of the Board of Educa¬ Bond tion, will receive sealed bids (EST) of Dec. on 30 $260,000 until for the building April 15 from 1955 to 1969 inclu¬ to 1978 $1,720,00^ Legality Co., of 100.30, awared Bank reflecting about of a the to First Memphis, on a interest cost net tricts County Supervisors Dis¬ Nos. 1, 2 and 3 (P. O. 2248—were awardec group composed of the First p. & Co., both of Jackson, at 100.01, about Madison 1957 to chaser. (P. O. Canton), Mississippi The $60,000 road Sale — on 2034—were p. on a Dec. 7 awarded bid reflecting Warren County (P. O. Bond to John Nuveen Scharff & to Clerk, will receive sealed Jan. on 1 sealed (EST) 3s. Due 1 Jan. on 1,199,000 2%s. Due 1965 to The from Interest are J-J. Nov. 1, 1953. Due 1955 to First Jan. 1 from Jan. Legality 1, Bond Sale—The $580,000 build¬ ing bonds offered Dec. 9—v. 178, p. 2033—were awarded to a group composed of First of Michigan Corp., and McDonald-Moore & Co., both of Detroit, also E. H. Schneider & Co., Kalamazoo, as v on to April 1 from 1957 inclusive. 450,000 23/4s. Due 1958 1968 on April 1 from inclusive. I 55,000 2s. Due April 1, 1969. Sparta, Mich. Bond thereafter April 1, 1968. callable are Principal as Delafield terest payable at any suitable designated by the successful bidder Legality approved by Dorsey, Colman, Barker & Barber, of Minneapolis. bank Offering—W. T. bids until 7:30 p.m. eral heat bonds on Due 1963 inclusive. on Dec. 1 from bonds Eisen & City, as was sold Waeckerle, $210,000 Lucas, to of to , bj Wood, c water Dec. syster, 178, p 8—v. 2.70s, < Co., New York City, a... 100.02, a basis of abom at 2.69%. Secaucus, N. J. $36,000 fire paratus and school awarded Union 178, to! the bonds ap¬ offered p. 2248 — wer Peoples National Secaucus, as 2.80s,^'at pa) Township (P. O. Barnegal j New Bond Jersey ,' $14,000 build Sale—The 2034 p. River, (P. O. Bank 3y2s, at as Wayne awarded were — National Township Mountain to of t> 1 Tom: par. School Distric> View), N. J. Bond 3%s. 8—v. 1825—were awarded to a 178, group composed of G. H. Walker & Co., Stern Bros. & Co., both of Kansas Jan. 1954 and Co 2248—were awarded to B. J. Va. Ingen & Kansas Mexico School District, Mo. Bond Sale—The $982,000 build¬ Sale—The $594,000 build ing bonds offered Dec. 3—v. 173, p. 2142—were awarded to a grove » composed of Boland, Saffin & Co B. J. Van New York Co., Ryan, Ingen 8c Co., both <4: City, J. B. Hanauer I. Hanauer & Co., ark1 J. R. Ross & Co., all of Newark, a ; lows: in- $232,000 Village Clerk, will receive ^a}£d. jbqrest (J-D) payable at the Cj^y 1 ,, 1955 bids until 8 p.m. (EST) on JW 17treasurer's officq. jLegal^y^qp- 1.300,000 for the purchase of $110,000 sewproved by ^pprspy*. Q,plm^n, tJf,< ,*1960 age disposal system bonds. Dated Barker, Scotj;1!& Barber, of Min450,000 Oct. 1, 1953. Due on Sept, 1 from neapolis. 1966 « Principal & $41,000 general- and offered purchase of $52,000 gen¬ 1953. Colman, (CST) Trust City. improvement City, Blewer, Heitner & Glynn, of St. Louis, and Zahner & Co., of 3.90s, at obligation water, light and Kansas City, at 100.08, a net in¬ 3.89%. plant bonds. Dated Dec. 1 terest cost of about 2.19%, as fol¬ 5 for the & approved Riverdale, N. J. p. Bond Sale—An issue of school ing bonds offered Dec. Virginia, Minn. Offering — J. G. Milroy, Jr., City Clerk, will receive sealed York Nov. 1 fro.- Princip, (M-N) payable at t. Hawkins, First California Sch. Dist., Mo. of in¬ and p.n ing bonds offered Dec. 3—v. lrit MISSOURI 1972 Bond $75,000 2V2s. Due 1955 to and on Legality ap¬ ing bonds. Dated Oct. 1, 1953. Due on April 1 from 1956 to 1978 in¬ in 8 inclusive. Paterson. Bank of dated until National Bank Deck 8 ^4 vd Savings Bank, Midland. maturing 1964 and interest proved by Charles & Trauernicht, $340,000 build¬ bids Dec. 22 for the purchar. $115,000 school bonds. Dat; Bond Sale—The 1970 inclusive. bonds 1954. on Henry Voor Secretary, will r:i on of of St. Louis. Bonds j: group about 2.44%. from bids until 2 p.m. (CST) on Dec. 18 clusive. 178, a Bros., Inc., bof < 2y2s, at 100.45, :• as District 1960 inclusive. 1961 to 1964 inclusive. Counties Indep. Consol. Sch. Dist. (P. O. Chokio), Minn. Bond Offering—A. B. Schuster, & Co., Chicago, Jones, of New Or¬ leans, jointly, at par, as follows: and for the purchase of Portage Township Sch. Dist. (P. O. Portage), Mich. to Van Bond Sale—The payable sive. Principal and interest (A-O) at the Chemical State of Vicksburg), Vicksburg Bridge revenue re¬ funding bonds was sold privately 27 District J. Midland Park Sch. Dist., N. J. Bond Offering — New 000 697,000 Joint net in¬ a Sale—An issue of $2,785,- 1955 Barber, of Minneapolis. No. Newark, basis Mississippi Legality approved by Dor$589,000 6s. Due Colman, Barker, Scott & Stone B. man, the Leland Speed Co., of Jack¬ son, 1984 Principal and interest Big 3—v. and Van Deventer basis a 3.19%. County Supervisors Road 178, —v. at any suitable banking institution designated by the pur¬ and of ceive of bonds offered at auction inclusive. Bonds maturing in 1975 and thereafter are callable as of Stevens Dec. awarded Ingen £ Co., Ira Haupt & Co., both of Nev City, National State Bank Memphis, Lewis Southern Bond Co and terest cost of about 2.72%. sey, o Sale—The $740,000 scho^ offered 2142—were of 178, a bids until 7:30 p.m. (CST) on Dec. 21 for the purchase of $250,000 building bonds. Dated Jan. 1, 1954. Jan. 1, 1974. to of York to from 8—v awarded Glen Rock School District. N. J, Monticello), Miss. $100,000 indus¬ trial building bonds offered Dec Bond O. East Grand 1 Dec. 3.28%. composed Bond Sale—The Offering—L. J. Sjolinder, District Clerk, will receive sealed Jan. composed Bond District No. 3 Bond on group 2.23%. a Forks), Minn. Due offered 2142—were p. bonds County Indep. Sch. Dist. 3 M-N. bonds National Bank of $7,000 water payable Midland p.m. p. The Minneapolis, No. ers 8 178, Polk 1994. — Interest 1954 7—v. Dec. Madelia, Minn. _Bond Sale from 1 Kidder, Pea • approved by Charles & Trauer- body & Co., New York City Equitable Securities Corp., Nash¬ nicht, of St. Louis. ville, Hornblower & Weeks, Nev/ Jefferson Davis County (P. O. York City, Adams & Hinckley, oV Prentiss), Miss. Newark, and Rand & Co., Nev; Bond Sale—The $60,000 hospital York City, taking $1,717,000 bonde bonds offered Dec. 8—v. 178, p. as 3.30s, at 100.18, a basis of about: im¬ awardec. Bank 3V4S, at as Nov. on Lawrence Detroit Lakes, Minn. dated are Jan. follows: Holland School District, Mich. > A. receive a.m. bonds. Dated Feb. 15, 1954. Due on Bond Offering—Norbert P. Neff, bids C. Due follows: purchase \ will Town Clerk, will receive seal¬ son, 20,000,000 Series B bonds. Treasurer's Commission. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. \ until $79,800,000 Series A bonds. on improvement street bonds. 1954. bids Dec. as 1955 to 1959 inclusive. - Lawrence — Secretary, sealed and sewer bonds. , Offering Rubin, Kil- follows: as $100,000 ' Bridge Authority (P. O. Lansing), Mich. $99,800,000 bridge assessment 7:30 T. Offering—John Bond troit Mackinac Dec. 22 for the purchase of $465,000 Clerk,, will until $926,000 to on Mich. Clerk, — serially from 1955 to Stranahan, Harris & Co., of Faegre & Benson, of Minneapolis. ' Bond Offering—R. Stanton Offering Mankato), Minn. Toledo, B. J. Van Ingen & Co., of Chicago, Kenower, MacArthur & Bonds maturing in 1973 and there¬ after are callable as of Sept. 1, 1963. Bond School Gill, Dis¬ receive sealed (CST) on Dec. 15 for the purchase of $25,000 building bonds. Dated Oct. 1, 1953. Clerk, NEW JERSEY Atlantic Clarksdale, Miss. 75 ance inclusive. Corporation, of Co., Detroit, Barcus, Kindred & Co., Detroit. Legality approved by Mil¬ Hornblower & Weeks, Paine, Web¬ ler, Canfield, Paddock & Stone, of ber, Jackson & Curtis, all of Chi¬ at Consol¬ No. bids until 3:30 p.m. to inclusive; $680,000 3V4S, 1969 able obligation bonds. Due seri¬ ally from 1954 to 1958 inclusive. thereafter May on due system District Bond Offering—W. R. 1957 and 1958; $265,000 3s, due Dec. 21 for the purchase of $44,000 Oct. 1, eral of as 1961 supply County Independent trict a of 890,000 school building bonds will be sold at public auction at 7:3' p.m. (CST) on Dec. 21. Due seri¬ ally in 20 years. — Dorothy Colbath, Township Clerk, will receive bonds. Dated sewer 100.02, 3.49%. Bonds 10 a.m. (CST) on Dec. 17 the purchase of $100,000 gen¬ (P. O. Lincoln), Neb. Offering —An issue 1954 to 1963 inclusive. Due on April 1 from 1956 to 1966 Principal solidated School District (P. O. are call¬ and interest (J-D) inclusive. Principal and interest payable at thp May 1, 1958. Pascagoula), Miss. First National Bank of payable at a suitable bank or trust Blooming Bond Sale—An issue of 1,660,000 special assessment $25,00Q dale. Legality approved company designated by the pur¬ by Cald¬ school bonds was sold to a group sewer bonds at par, a net in¬ chaser. Legality approved by Dorwell, Marshall, Trimble & Mit¬ terest cost of about 3.48%, as composed of the First National chell, of New York City. sey, Colman, Barker, Scott & Bank of Memphis, follows: $60,000 4s, due May 1, Kroeze, McBarber, of Minneapolis. Dover School Larty & Co., Jackson, and the 1955; $85,000 2V2s, due May 1, District, N. J. Decoria (P. O. R.F.D. No. 4, Southern Bond Co., Jackson, as Bond 1956; $180,000 2%s, due May Sale The 1954 1, able Due 1956 to h Sept. on 1955. 90,000 *5" Due at until for 3 Bond E. pervisors, will receive sealed bids (P. O. Felton), Minn. obligation 3y2s, as No. Robert — Burns, Clerk of the Board of Su¬ bids idated School Offering Dec. 15 for the purchase of $1,026,000 bonds, divided as follows: MINNESOTA Clay follows: as May 1.87%, syndicate a Mississippi of City Curtis, & 2142— p. headed by Braun, Bosworth & Co., follows: $20,000 to Mich. Lancaster County School Distric1 $30,000 build¬ Chicago. 178, NEBRASKA County (P. O. Natchez), Bond ing bonds offered Dec. 7—v. 178, p. 2033—were awarded to Paine, $2,285,000 bonds 3—v. awarded Cashovia), Sale—The Webber, Livonia, Mich. Bond Sale—The O. (P. Bond Adams payable designated by the purchaser. Le¬ gality approved by Miller, Can- bonds 3V2s. were 1, 1957. Prin¬ (M-S) MISSISSIPPI are trust company to be or • 'J of Sept. as bank a No. assessment general as ma¬ 2142—were awarded p. bonds. Dated Jan. 1, 1954. Due on sive. Bonds maturing in callable at Secretary of the Board of Education, will receive sealed bids son, 1975 inclusive. Bonds cipal and interest Bond Offering—Karin K. Swan- the purchase 1954 to turing in 1969 and thereafter inclusive. 160,000 iy>s. Due ' 61 100.01, a basis of abo^i * NEW MEXICO 1 2Vis. Due on Feb. 1 from .tq.:1959 inclusive.,,i; 2s>i Due on Feb.} 1 from to 1965 inclusive.M rv. ZV4S. Due.pftiKeb. 1 from to 1974 inclusive. New Mexico State Fair Commissi (P. O. Albuquerque), N. Mex. Bonds Not Sold—The submitted for the ing —v. revenue 178, p. one \ fci;1 $800,000 buiR> bonds offered Dec. - 1714—was rejected., i 62 The Commercial and Financial Chronicle (2358) Santa inelli, will receive p.m. (MST) on sealed bids until 4 Dec. 15 for the bonds. on Dated Jan. from 1 clusive. purchase of $200,- obligation sewer Jan. 1, 1954. Due general 1955 interest and Principal Moore & payable at the City Treas¬ urer's office. Legality approved by Dick Bosworth, Pershing, Redpath; Sills Fairman & Har¬ ris, Incorporated; Robert L. Whit- & Offering — (EST) of purchase of $57,500 general improvement bonds. Dated Jan. 1, 1954. Due on July Dec. 17 for the 1961 to 1955 from Bank Trust & payable at the Citizens Co., Fredonia. Legality ap¬ proved by Vandewater, Sykes, Heckler & Galloway, of New York (M-S) Rockaway. Legality approved by Hawkins, Delafield & Wood, of New York City. East Bond Bond on bids sealed (EST) 3 until bonds offered 2249 — were group composed of Roosevelt & Cross, Bacon, Steven¬ son & Co., Francis I. duPont & p.m. inclusive. 1963 to interest Central and street Principal at the Bank National ola, East Williston. Legality ap¬ proved by Hawkins, Delafield & Wood, of New York City. Elba, Byron, Stafford, Batavia and Oakfield Central Sch. Dist. No. 1 Bond Sale—The Y. $60,000 build¬ ing bonds offered Dec. 3—v. 178, p. 2142—were awarded to the Genesee Trust Co., of Batavia, as 2.20s. — Ray F. Ueblacker, Village Clerk, will re¬ ceive sealed until bids 3 p.m. (EST) on Dec. 17 for the purchase of $285,000 sewer system bonds. Sale 1, to 2,556,000 Chemical Bank & Trust 480,000 2s. Due on June and interest fered were Dec. revenue awarded to a 178, bonds p. York 840,000 2V2S. Due on June 1 from 1971 to 1977 inclusive. Co. District Clerk, Midland Marine The 640,000 bids of New York. Trust Company 1, N. Dak. Offering Bond Bank and Trust Co. until 632,000 Bank of New York. National for Local Area O. Sch. Geneva), District Ohio composed the pur¬ school bonds. of Braun, Bos¬ Co., Ryan, Sutherland & worth & Co., both of Toledo, Singer, Deane & Scribner, of Pittsburgh. Prescott & Co., Cleveland, Fox, Reusch & Co., 212,000 Empire Trust Company. Sterling 6 OHIO of New York. 192,000 Geneva group J. Berbon, D. will receive sealed Jan. chase of $118,000 252,000 United States Trust Com¬ pany — Dalton. of — Special School District No. National Public The 736,000 Bank Legality approved by Squire, San¬ Dempsey, of Cleveland. Bond Sale The $1,100,000 building bonds offered Dec. 7—v. 178, p. 2035—were awarded to a DAKOTA NORTH Williston 1 from Principal (A-O) payable at the National (P. Trust Oct. on inclusive. 1974 ders & Bank New The 1953. Due Amherst Exempted Village School Bank Ohio District, Company. Bond and Berman, Selonick & Co., both of Cincinnati, and John B. Joyce & Co., of Cleveland, as 3s, at 102.20, a basis of about 2.76%. Offering—Grayce G. Pur- Geneva-on-the-Lake, Ohio cell, Clerk of the Board of Edu¬ pany. Bond Offering—John receive sealed bids Zimmer¬ 84,000 Federation Bank and Trust until noon (EST) on Dec. 22 for man, Village Clerk, will receive Company. the purchase of $175,000 building sealed bids until noon (EST) on 76,000. Kings County Trust Com¬ bonds. Dated Jan. 1, 1954. Due on Dec. 21 for the purchase of $81,pany, Brooklyn, N. Y. Nov. 1 from 1955 to 1978 inclusive. 000 cation, The 52,000 able at the Lorain County & will receive 22 for the purchase of $1,- Bond Due on May 1 from 1955 inclusive. Principal and Offering—Paul bonds. 1954. Due 1969 inclusive. on Dated Dec. Jan. from 1 Principal 15, 1955 and to in¬ terest (J-D) payble at the Geneva Savings Trust Co., approved by and Legality Sanders & Dempsey, of Geneva. Squire, r Cleveland.; •> Kings Mills Local School District, Creps, Clerk of the Board of Education, 754,000 building bonds. Dated Nov. 1, 1953. by Auglaize Local School District (P. O. Harrod), Ohio sealed bids until 11 a.m. (EST) on Dec. Savings Co., approved Offering—Donald E. Ram¬ Clerk, Trust pay¬ Amherst. Legality Squire, Sanders & Dempsey, of Cleveland. Oyster Bay Union Free School Dist. No. 19 (P. O. Hicksville), N. Y. District park Bank Principal and interest (M-N) Amalgamated of New York. say, will Ohio E. Bond Offering—David C. Mc- June burg, 15, 1953. Due on Dec. 1954 or the at 1975 to inclusive. 1983 to interest of¬ man¬ Stuart & Co., Inc., Smith, Barney & Co., Blyth & Co., Inc., and Harriman Bond Hicksville, or at the Irving Trust Co., New York City. Legality ap¬ office proved by Hawkins, Delafield & Co. of West¬ Wood, of New York City. Pelham No. Offering sealed (EST) chase of bids Dec. on 1974 — Fannie M. until 15 for 3 p.m. the pur¬ building bonds. Dated Dec. 1, 1953. Due on Dec. as and Bank Bond from 1955 Interest 178, Offering the 8 to (P. O. Cox, Eileen — Yan, N. Y. Bond Offering—Wm. O. Manley, Dec. 1953. Due June', 15 and 15, on 1956 from 15 to sive. Principal and inclu¬ 1978 interest (J-D) National Loveland at the Bank, Loveland. Legality ap¬ Board ,of inclusive. 1977 Interest 1955 $67,500 Dated payble to M-N. 1.74%. Penn bonds. semi-annually J-D. Education, proved by Peck, Shaffer & Wil¬ will receive sealed bids until noon liams, of Cincinnati. (EST) on Dec. 18 for the purchase Mahoning County (P. O. Youngs-! of $6*7,000 building bonds. Dated town), Ohio Dec. 1, 1953. Due on Nov. 1 from Bond of Clerk build¬ basis of about a until Lithopolis), Ohio of Mount Vernon, l%s, at 100.05, 1 Dec. inclusive. bids Bloom Local School District 2249—were awarded to the First National 1 sealed Dec. (P. O. Pelham), N. Y. Sale—The $350,000 ing bonds offered Dec. 9—v. p. receive Free School Dist. Union 1 Bond Smith, Village Treasurer, will re¬ ceive (M-N) payable at the National Bank of Island Long Legality approved New York. will Hamburg of the Marine Trust 2249— syndicate aged jointly by Halsey, 1966 to 1970 inclusive. Trust Co. 1,032,000 First 400,000 2V4S. Due on June 1 from Exchange Corn 1,108,000 Slusser, Education, able at the Peoples Bank of Ham¬ Dec. from 15 Water Authority New York City. Y. The $17,800,000 Haverstraw, N. Y. 10—v. 1 from 1960 to 1965 inclusive. 1,832,000 Irving Trust Company 1,804,000 Bank of the Manhattan Company. E. of on Dec. 15 for the purchase $380,000 building bonds. Dated of 1955 2,320,000 The Hanover Bank Board will receive sealed bids until noon Dec. — series A water the (EST) June 1 from on 1955 to 1958 inclusive. Co. Dist., Ohio Principal and interest (J-D) pay¬ Dated by Hawkins, Delafield & Wood, of County of 80,000 2%s. Due on June 1, 1959. Company. (P. O. Buffalo), N. Bond follows: Clerk Local Sch. Offering—R. Kitterick, Clerk of the Board of: p.m. (EST) on Dec. 21 for the Education, will receive sealed bids until noon (EST) on Dec. 18 for purchase of $328,000 building the purchase of $288,000 building bonds. Dated Dec. l, 1953. Due on ern Erie Offering net interest cost of about 2.51 %, a Bond 2,792,000 Bankers Trust Company Bond (P. O. Elba), N. Bond p. a Hamburg, N. Y. Mine- of to Co., George B. Gibbons & Co., Inc., and R. D. White & Co., all of New York City, as 2%s, at 100.03, a basis of about 2.74%. and payable (J-D) 178, v. — awarded Dec. 14 for the purchase $19,000 8 gen¬ par, Monday, December 14, 1953 . Dalton Chi¬ of Cincinnati, at Co., Trust $450,000 6s. Due 92,000 Bronx County Trust Com¬ improvement Dec. drainage improvement bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1954 of Sale—The eral Milks, Jr., Village Clerk, will re¬ ceive Y. $488,500 Trust as Manufacturers 3,768,000 and Trust Glen Cove, N. R. Arthur — City. Y. Williston, N. Offering improvement Trust East Co., public Com¬ Trust Guaranty Linn, & and Provident Savings Bank cago, & of New York. pany p.m. Sept. 1, 1953. Due 1 from 1954 to 1958 in¬ Principal and interest Sept. clusive. Principal and interest (J-J) pay¬ able at the East Rockaway Na¬ tional 2 Dated bonds. inclusive. until will Dec. 17 for the purchase on $60,000 on bids sealed receive Dunn, Village Clerk, will receive sealed bids until 3 p.m. (EST) on 1 Y. Treasurer, Village rington, M. 4,056,000 Offering—Harold A. Fer- Bond N. Y. Helene East Rockaway, Co.; Stokes & Co. Fredonia, N. NEW YORK Bond & taker Dawson, of Denver. New of City York.. Co.; Auchincloss, Parker & The Rodman National land, Chase The of Bank Co.; Chas. W. Scranton & Co.; Van Deventer Brothers, Inc.; Julius A Rippel, Inc.; McDonald- (J-J) 7,612,000 & Loeb & in¬ 1974 to Co.; Courts Clerk, City 000 Tucker, Anthony & Co.; Co.; A. M. Kidder & Co.; E. F. Hutton & Company; John Small & Co.; Shelby Cullom Davis & Co.; G. C. Haas & Co.; Freeman & Company; Newburger, & Fe, N. Mex. Offering—E. M. Bernard- Bond ;. Legality approved by Squire, Sanders & Dempsey, of Cleveland. Offering Clerk the of John C. Cox, — of Board County Commissioners, will receive seal-, ed bids until noon (EST) on Dec.! will receive Boston Local School District (P. O. 28 for the purchase of $48,000* street improvement bonds. Dated cost of about able at the National Bank of sealed bids until 3 p.m. (EST) on Peninsula), Ohio Dec. 1, 1953. Due on Oct. 1 from Dec. 21 for the purchase of $18,000 Bond Offering^Lois Bell, Clerk $1,190,000 5s. Due on Dec. 1 from Haverstraw and Trust Co., Hav¬ 1955 to 196*4 inclusive. Principal street improvement bonds. Dated erstraw. Legality approved by 1954 to 1958 inclusive. of the Board of'Education, will and interest (A-O) payable at the Jan. 1, 1954. Due on July 1 from Reed, Ho.yt, Taylor & Washburn, receive sealed ^ids 1,395,000 3V8S. Due on Dec. 1 from until noon 1954 to 1963 inclusive. County Treasurer's office. Legal¬ Principal of New York City. 1959 to 1963 inclusive. (EST) on Dec. 17 for the purchase and interest (J-J) payable at the ity approved by Squire, Sanders^ of $236,000 building bonds. Dated 305,000 3.20s. Due Dec. 1, 1964. & Dempsey, of Cleveland. Hempstead Union Free Sch. Dist. Chase National Bank of New Dec. 1, 1953. Due,,.on Dec. 1 from 315,000 31/4S. Due Dec. 1, 1965. No. 21 (P. O. Rochville York. Legality approved by Reed, Marion County (P. O. 1955 to 1974 inclusive. Principal 1,015,000 3.30s. Due on Dec. 1 Centre), N. Y. Hoyt, Taylor & Washburn, of New from 1966 to 1968 inclusive. and interest (J-D) payable at the Marion), Ohio Bond Sale The $2,659,000 York City. * Bond Offering—W. S. Guthrie, National Bank of Hudson. Legal¬ 4,185,000 3.40s. Due on Dec. 1 school bonds offered Dec. 10—v. Rosendale Common Sch. Dist. from 1969 to 1978 inclusive. ity approved by Squire, Sanders Clerk of the Board of County 178, p. 2249—were awarded to a No. 2 (P. O. Tillson), N. Y. & Dempsey, of Cleveland. Commissioners, will receive sealed 9,395,000 3V2S. Due on Dec. 1 group composed of Chase National Ripley York & Co., of all Inc., City, at 100.08, New net interest 3.46%, as follows: a 1 from 1954 to 1973 inclusive. Principal and interest (J-D) pay¬ Village Treasurer, — . from 1979 to 1993 inclusive. Other members of the Kuhn, Loeb -Sachs & Co.; syndicate: & Co.; Goldman, Schoellkopf, Hutton New York City, Harris Savings Bank, Chicago, Bank, Trust & Roosevelt Pont & & Cross, Francis I. du Co., Bache & Co., R. L. Co., R. D. White & Co., Bond land, sealed on Offering District bids Dec. 22 — Helen Suther¬ Clerk, until for will receive 11 the (EST) a.m. purchase of bids until noon (EST) on Dec. 23 Exempted Village School for the purchase of $350,000 hos¬ District, Ohio pital bonds. Dated Jan. 1, 1954. Sale—The $320,000 build¬ Due on Oct. 1 from 1955 to 1976 Bradford Bond bonds offered Dec. 4 were Day & awarded to Stranahan, Harris & Dated July 1, 1953. Due on Jan. 1 .Park, Ryan, Inc., and Tilney & from 1955 to 1974 inclusive. Prin¬ Co., Inc., Toledo, as 3s, at 101.46, Co., all. of New York City, as cipal and interest (J-J) payable a basis of about ,2.86%. 2.80s, at 100.37, a basis of about at the Hugenot National Bank, 2.76%. Champion Township (P. O. New Paltz. Legality approved by Route 4, \Yarren), Ohio Huntington Union Free Sch. Dist. Vandewater, Sykes, Heckler & & Co.; Paine, Webber, Jackson & Bond Offering—Fred E. Banks, No. 3 (P. O. Huntington), Galloway, of New York City. Curtis; Estabrook & Co.; Ameri¬ Clerk of the Board of Township New York can Securities Southold Common Sch. Dist. No. 8 Trustees, will receive sealed bids Corporation; Ira Bond Sale The $1,730,000 Haupt & Co.; F. S. Moseley & Co.; until noon (EST) on Dec. 22 for (P. O. Cutchogue), N. Y. building bonds offered Dec. 10— Lee Higginson Corporation; HayBond Sale—The $190,000 build¬ the purchase ofv$35,000 building v. 178, p. 2249—were awarded to den, Stone & Co.; Roosevelt & ing bonds offered Dec. 8—v. 178, bonds. Dated Jan. 1, 1954. Due a group composed of Halsey, Cross, Incorporated; Alex. Brown Stuart & p. 2142—were awarded to a group on Nov. 1 from 1955 to 1964 inclu¬ Co., Inc., George B. Gib¬ & Sons; R. S. Dickson & Company, composed of Bacon, Stevenson & sive. Interest bons & Co., Inc., First of Mich¬ Incorporated; Adams, McEntee & Co., George B. Gibbons & Co., and igan Corp., B. J. Van Ingen & Co., Chillicothe, Ohio R. D. White & Co., all of New Cp., Inc.; Hirsch & Co.; W. H. Chas. E. Weigold & Co., and Bond Offering Postponed—Date York City, as 2.90s, at 100.46, a Morton & Co., Incorporated; Wm. Adams, McEntee & Co., all of New of sale of the issue of $51,832.24 E. basis of about 2.85%. Pollock & Co., Inc.; F. S. York City, as 2%s, at 100.52, a sewer Smithers & Co. improvement bonds has & Pomeroy, Inc.; Rf. J; Van Ingen Co., Inc.; A. C.*&1 pany,r Inc.; R. W r;Pr esspticbS&; Co.; Blair, Rollins & Co., Incor¬ porated;:; Shields & Company; Bear, Stearns & Co.; White, Weld $140,000 school building bonds. ing & — A. G. Becker & Co., Incorpo¬ rated; Aubrey G. Lanston & Co., Inc.; The Robinson-Humphrey Company, Inc.; R. D. White & Company; Sage, Rutty & Com¬ pany, Inc.; Reynolds & Co.; Bax¬ ter, Williams & Co.; Thomas, & Company; Gregory & Son, Incor¬ porated; «The<; Illinois Company, Robert W. Baird & Co., Incorpo¬ basis of about 2.70%. York City, N. New Note Sale Comptroller Lazarus Joseph announced Dec. 11 that he had awarded $40,000,000 in — tax an dated Dec. interest Gaston City anticipation notes to 21 banks and trust companies. The notes are CAROLINA NORTH Y. (P. O. County North Bond Sale been Gastonia), Carolina — The bonds 178, 2143—were awarded to p. Dec. 8—v. a group composed of Goldman, & Co., New York City, 11, ,1953 and bear 'Sachs rate They BAlex. jBpcnyn & Sons, Baltimore ' mature April 27|ijP54. The al4« ^drTanTilb^l^rust Co., St. Loii$ ldimerit is as foliates ^.>,W, Craigte & Co., Richmond, rated; Blunt, Ellis & Simmons; & Central Republic Contpany; Hay- $8;i52,O06#he Nafen#City Bank Bache Co., New York City, of New York. Baxter, Williams & Co., Cleve¬ den, Miller & Co.; Stern Brothers changed p. from Dec. Bond (A-O) Principal payable District (P. O. Bond McDuffey), Ohio Sale—The $160,000 build¬ ing bonds offered Dec. 9—v. 178, p. 2143—were awarded to Sweney Cartwright & Co., of Columbus. Mentor Exempted Bond Sale—The $560,000 build¬ ing bonds offered Dec. 9—v. 178 p. 2143—were awarded Morgan Local O. School Okeana), Board (EST) of Jan. 13 for the Dec. 1, 1953. Due sidewalk 1955 to d953.icDue on Dec: 1 from 1954 to terest (J-D) Principal and in¬ payable at the Na¬ tional City Bank, .Cleveland. Mc¬ District Ohio Bond Offering—Sealed bids will be received by the Clerk of thd zalski, Village Clerk, will receive sealed bids until noon (EST) on :1963s inclusive. to Donald & Co., of Cleveland, as 3s at 101.38, a basis of about 2.86%. Offering—Henry J. Dom- , Village School District, Ohio (P. purchase of $30,000 bondsi Dated Sept. 1, interest at McGuffey-McDonald Local Sckooi 16—v. Ohio and the County Treasurer's office. Legality ap¬ proved by Squire, Sanders & Dempsey, of Cleveland. 2249—to Dec. 17. Cuyahoga Heights, $2,250,000 school offered 178, inclusive. of on Education $63,000 building 1978 and interest First until noor Dec. 17 for the purchase bonds. Datec on Dec. 1 frorr inclusive. Principa (J-D) payable at the National Bank of Okeana Legality approved by Peck, Shaffer & Wililams, of Cincinnati. Volume 178 Number 5281 . The Commercial and Financial Chronicle . . (2359) Ravenna, Ohio Bond Sale mortgage 178, system bonds revenue 2249 p. Paden, \ Bond The $125,000 first' — works water offered Dec. Clerk, to, Local School Bond - Clerk the will receive p.m. Board (EST) purchase bonds. sealed of from terest until 18 1955 J-D. 8 building Bond Clerk cor-! foregoing kura, Offering Village sealed bids Clerk, until will Dec. 1955 to 1964 and interest Lorain inclusive. (J-D) Banking gality Dec. 9—v. Bank Principal 178, to of $35,000 water Gilliam on a interest net a of cost Kenneth Mc- — Bahr, City purchase of $50,000 general obligation water bonds. Dated Jan. 1, 1954. Due on Jan. 1 from 1955 "will receive to 1971 inclusive. Principal -and (EST) on interest (J-J) payable at the City Dec. 28 for the purchase of $800,- Treasurer's office. Legality ap¬ ,000, Tuberculosis Hospital build¬ proved by Winfree, McCulloch, ing bonds. Dated Jan. 1, 1954. Due Shuler & Sayre, of Portland. Commissioners, ty sealed'bids until noon Nov. 1 from 1955 to 1964 inclu¬ on sive. Interest M-N. ' - • . Grants ■ Twinsburg), Ohio - * Bond Offering—Robert.D. Rich- Clerk of the Board of TrusJ! ner, "tees, will receive sealed bids until (EST) •noon Dec. on 19 for 'purchase of $20,000 fire house struction : 1954. bonds. Due Dec. on *1959 inclusive. ' con¬ Jan. School * Bond District (P. O. " ! . Ohio \ Offering—K. C. Thatcher, (EST) on Dec. 17 for the purchase ' * of $163,000 building bonds. Dated 'Jan. 1, 1954. Due on Dec. 1 from 1, 1954. 1955 to cipal and City receive Due bonds. Jan. 1 on 1966 inclusive. Prin¬ interest payable the at Treasurer's Shuler & Clerk of the Board of Education, will receive sealed bids until noon : from Interest J-D. Iberia), . . 1 will improvement Dated Jan. approved J Auditor, municipal 1955 to 1 from Ore. sealed bids until 8 p.m. (PST) on Jan. 6 for the purchase of $125,000 1, Washington-Bloomfield Local r ' Dated the Pass, Offering—Earl T. Simon- City sen, Twinsburg Township (P. O. J Bond office. Legality by Winfree, McCulloch, Sayre, of Portland. Multomah County Union High Sch. Dist. No. 3 (P. O. 2920 S. E. 122nd St., Portland), Ore. Bond. Sale—The $429,000 build¬ ing bonds offered Dec. 8—v. 1781 p. 2143—were awarded to the First National bid Bank reflecting of about of Portland, on interest net a a cost 2.47%. Portland, Ore. 1955 to 1975 inclusive. Interest J-D. Bond Sale —The $1,500,000 water bonds offered Dec. 8—v. 178. p. OKLAHOMA 2143—were awarded to a group composed of the Mercantile Trust — 1 , Bond City Co., Blackwell, Okla. - Offering will Clerk, , — Carl Randall, sealed receive jbids until 7:30 p.m. (CST) on Dec. -22 the for bonds, purchase divided ^$400,000 and $785,000 follows: as water of ' i extension system improvement bonds. Due St. _ disposal Due from 1956 to 50,000" fighting fire bonds. Due from bonds. 1970 incl. 1955 to & of Minneapolis, at par, terest cost of about net a 1.99%, as in¬ fol¬ lows: and 3s. Due on 675,000 Jan. 1, 1957 on Jan. 1, 1959 1 from 1 from 1958. 2s. Due 1960. 375,000 l%s. Due 1961 equipment Blair of and sewage William Bacon, Whipple & Co., both Chicago, and Kalman & Co., 150,000 from 1955 to 1970 inclusive. ..285,000 Louis, Co., $300,000 to 1965 2s. Due on Jan. inclusive. on Jan. 1964 1966 to 1974 inclusive. building \ PENNSYLVANIA inclusive. park 50,000 recreation bonds. Due from 1955 to 1964 inclusive. Fagin," of Oklahoma City. Broken Arrow, Okla. Bond City Offering—C. Clerk/ will M. \ for the sealed bids until 7 p.m. (EST) on Dec. 21 for the purchase of $70,000 general obligation bonds. Srader, receive „ sealed bids until 7:30 p.m. 16 Aliquippa, Pa. Offering — Wm. M. Doty, Borough Secretary, will receive Bond Legality approved by George J. : (CST) on Dec. purchase of $150,000 Birdsboro, Pa. Bond Sale—The $25,000 general obligation improvement bonds of¬ fered system bonds. Due were serially from 1956 to 1970 incl. f tional water works Dec. Norman, Okla. 10—v. awarded Bank of at 100*14. , to 178, the p. 2143— First Birdsboro, / as Na^ 2%s, ; , Sharon, Pa. Bond Offering—T. C. BarrowBond Sale—The $400,000 gen¬ man, City Clerk, will receive eral obligation bonds offered .De^, sealed bids until 7:30 p.m. (CST) 8—v. 178, p. 2250—were awarded on Dec. 15 for thei: purchase of to the First Boston Corp., New $150,000 hospital bonds. Due from York City, as 2y4s, at 100.91, a basis of about 2.15%. 1957 to 1966 inclusive. • 1 from and 1954 to interest Bond 545,000 3.40s. Due bonds of New to Castle, 1963 Dec. the 3 were First State Bank 3s. as RICO > Mayaguez, Puerto Rico Sale—The $900,000 public Rico, Chattanooga, Bond Sale—The revenue v. 178, p. bonds (J-D) Tenn. $2,600,000 of about 3.04%. offered Dec. 9— 2035—were awarded to a group composed of Halsey, Stuart Co. Inc., Blair, Rollins & Co., Inc., A, C. Allyn & Co., all of N. Y. City, R. S. Dickson & Co., Char¬ 100.01, about net a 3.35%, $400,000 5s. as interest cost of follows: Due Jan. from Sale — Dec. Rhode The 9 $400,000 notes were Island awarded to Hospital Trust Co., Providence, at 1.30% discount. The notes are 1953 and mature dated on Dec. 10, March 19, 1954. 325,000 3.10s. Due on 1978 New York City. Lawrence County (P. O. Lawrenceburg), Tenn. Bond Offering—A. D. Lindsey, County Judge, will receive sealed bids until 12 for 11 the a.m. (CST) purchase of school bonds. Dated June Due on June inclusive. 1 from Principal payable tional Bank, approved Jan. 1 from 1963 to 1966 inclusive. Newport, R. I. Note on to interest Chemical and the at (J-D) 1 1954 Co., New York City. gality on 275,000 2.90s. Due ISLAND from Legality approved by Caldwell, Marshall, Trimble & Mitchell, of & of 1 Principal payable 1956 to 1962 inclusive. RHODE Dec. Bank & Trust sewer of San Juan, Wm. E. Moody, of St. Paul, and Davidson Co., Baxter, Williams & & Co., of Knoxville, at a price Co., both of New York City, Seasongood & Mayer, and Breed & Harrison, both of Cincinnati, on a bid reflecting a net interest cost on inclusive. p. both Offering—Beverly Briley, County Judge, will receive sealed bids until noon (CST) on Jan. 12 Due TENNESSEE lotte, Roosevelt & Weigold, of New 2144—were awarded York City, Piper, Jaffray & Hopto a group composed of Banco de Ponce, Banco Popular de Puerto wood, of Minneapolis, Juran & 178, County (P. O. Nashville), Tenn. Bond the purchase of $1,000,000 building bonds. Dated Dec. 1,1953. improvement bonds offered Dec. 9 —v. Davidson for pay¬ Legality approved by Townsend, Elliott & Munson, of Philadelphia. Bond offered $20,000 school Jan. 1 from on 1981 to 1984 inclusive. Dakota Sale—The awarded able at the Miners National Bank the Coquille, Ore. Bond Offering—L. V. the DAKOTA South of Shenandoah. offered Recorder, will receive sealed bids County (P. O. Warren), until 8 p.m. (PST) on Dec. 21 for Offering Dec. Principal County bid re¬ about 2.37%. Nair, Clerk of the Board of Coun¬ SOUTH Rapid Valley Township Sch. Dist. No. 4 (P. O. Rapid City), 2143—were p. the Arlington,, flecting Ohio Bond Ore. Sale—The awarded Dempsey, of Cleveland. Trumbull . 1:30 works improvement bonds offered payable at the on incl. W. Drake, Education, bids until Arlington, from 1 Due Pollock & Bond Co., Lorain. Le¬ by Squire, San¬ approved ders & Dec. on C. of — Board (CST) on Dec. 16 for the pur¬ chase of $70 000 building improve¬ on purchase of $17,496 improvement bonds. Dated 1, 1953. Due the will receive sealed receive Dec. 29 for the street Offering of Pis- (EST) noon p.m. (EST) on Dec. 21 purchase of $147,000 gen¬ eral obligation funding and re¬ funding bonds. Dated Dec. 1, 1953. PUERTO OREGON Eleanor — 7:30 the County Indep. Sch.- Dist. si.ve. Lake (P. O. Lorain), Ohio until (P. O. Wewoka), Okla. ment and equipment bonds. Due serially from 1957 to 1963 inclu- City School District.") Sheffield Bond bonds offered Dec. p.m. 178, p. 2250—under the caption "Shawnee water awarded to R. J. Edwards, No. 2 rects the report which appeared in v. Sale—The $170,000 Seminole 1974 inclusive. In¬ (The 1968, Inc., and the First National Bank & Trust Co., both of Oklahoma City, jointly. 1/ 1953. Due June 1 and Dec. on to for system were Dec. to 1959 from the for $1,500,000 Dated 3 Lytle, bids Dec. 16 on Heights), Pa. Directors, will receive sealed bids works Education, Dec. on semi-annually 1 District E. of (CST) Sayre, Okla. 1, Lima), Ohio Offering—Paul of sealed works extension and improvement Bond (P. O. Route Mahanoy Township School (P. O. Shenandoah District Bond Offering — George Moyer, Secretary of the Board of School net interest cost of about 2.32%. Shawnee Neely, purchase of $10,000 water the for Hayden, Miller & Co., and Field,' bonds. Due Richards & Co., both of Cleve-, land, jointly, on a bid reflecting inclusive. a H. receive will bids until 2 p.m. 7—v. awarded were — Town West Okla. Offering—Geo. 63 at on 1, 1953. 1954 to and the Jan. $150,000 1974 interest First Na¬ Lawrenceburg. Le¬ by Chapman & Cutler, of Chicago. Jan. 1 from Newport, Tenn. 1967 to 1970 inclusive. Bond 370,000 3V4S. Due 1971 to 1974 685,000 3.30s. Due 1975 to 1980 on Jan. 1 from inclusive. on Jan. 1 from inclusive. bonds 2036 — Sale—The $200,000 sewer offered were composed of Dec. 3—v. awarded C. H. to Little 178, a p. group & Co., Financial Chronicle The Commercial and Jackson, ville, Davidson & Co., Knox- Cumberland Securities -Corp., Nashville, and the FidelityBankers Trust Co., of Knoxville, at . . Monday, December 14, 1953 . (2360) 64 par, as follows: 4#3,000 3y4s. Due on Dec. 1 from 1954 to 1963 from was sold County (P. O. County Judge, will receive pealed bids until 2 p.m. (EST) on Jan. 14 for the purchase of $1,041,- school5 bonds. 1954. Dated Jan. 1, Bond R. Dallas, the Chem¬ City. Legality approved by Chap& Cutler, of Chicago. TEXAS Bond Indep. Sch. Dist., Texas and of $600,- Dec. Sale—An issue sive. Due on Dec. 1 from proved are dated bonds. hospital 1955 from .1 to Due Canada (Dominion 1954. Jan. dated are of Legality Boston. offered bonds 9—v. & Dodge, Hamilton, Ont. of Boston. Debenture . 178, headed Mecklenburg County (P. O. Richmond), Va. Sale Bond and Miller & Patterson, of Richmond, at 100.12, a net inter¬ 2.50%, as follows: Due 4s. $70,000 1956 Ontario Jan. on 1 from Newport News, Bond in Dividends will bids until 2 p.m. for the at L. Williams, (EST) Quebec Hydro-Electric sealed Commission, Que. Jan. 11 on Feb. Dated 1 from Feb. on Debentures Sold in U. S.—Firsi 1, • $15,289,000 be to exact earn the biggest dividend ever — of New York WASHINGTON Franklin It Pays to Save at The Famous Dime. It will pay you to act now — your are savings earn — today - at once, where from day of deposit, where dividends 1 County School District as as little as $5 or as the self-addressed pay all the postage and supply Bond Incorpor¬ redeemable bids until 11 A. (EST) a.m. on Jan. 5 1, 1954. 1956 to option of' 1962; at 102: including Nov.. 30, and to 30, 1966; at 101 thereafter to an# sealed including Nov. 30, 1970; at lOOVe purchase of $3,500,000 pub¬ improvement bonds. Dated lic Nov. thereafter Hudson, receive will the at the Commission at 103 to and in¬ Va. W. Offering—J. Clerk, City Jan. mailing envelopes. Co. & Guaranteed cluding like. Start with $10,000. We E. Ames A. are for the much banking group headed jointly The First Boston Corporation! ated. (P. O. Pasco), Wash. WEST VIRGINIA Open Your Dime Savings Account Today you by and State, as 2.70s, at par. compounded quarterly. by mail if mar¬ unconditionallyby the Province of Quebec as to> Bond Sale—The $547,000 build¬ principal and interest, the deben¬ ing bonds offered Dec. 2—v. 178, tures are priced at 99.1759 and ac¬ p. 2144 — were awarded to the crued interest from Dec. 1 last an# No. Charleston, • American the authority's 3 Vz % debentures, se¬ ries K, maturing Dec. 1, 1978, by City. a paid by The Dime Savings Bank of Brooklyn. • in financing 1955 to ket by the nine-year old Quebec Principal and in¬ Hydro-Electric Commission was terest (F-A) payable at the City made Dec. 9 with the public offer¬ Treasurer's office. Legality ap¬ ing of $50,000,000 of the Canadian 1974 inclusive. of the famous Dime will savings in 1953 basis of about 4.03%». a QUEBEC proved by Wood, King & Dawson, their on 100.81, Va. receive bonds. Due 1954. Imperial Bank of Canada, jointly,, purchase of $1,100,000 pub¬ school lic customers Offering—C. Clerk, City issue of An Corp. of Canada, Ltd., and the- ties 1977 inclusive. 1959 to — $200,000 4V2% debentures was sold on Dec. 8 to the Equitable Securi¬ inclusive. 1958 to Sale Debenture 1,230,000 2V2S. Due on Jan. 1 from Fifteen Millions.. dealers bonds est cost of about that's what of group Securities Dominion by cago, — A Toronto, was awarded a issue of $4,489,715.51 41/£% The $1,300,000 — — Corp., new p. Sale investment Canadian municipal improvement deben¬ offered Dec. 9— tures at a price of 101.81, a basis v. 178, p. 2036—were awarded to a of about 4.26%. The debentures group composed of Eastman, Dil¬ are payable in Canadian funds lon & Co., Merrill Lynch, Pierce, only and mature serially from. Fenner & Beane, and American 1954 to 1973 inclusive. Securities Corp., all of New York Ontario County (P. O. Whitby)? City; Central Republic Co., Chi¬ Wi • $35,- ONTARIO ap¬ District, $475,000 school Dec. on & proved by Storey, Thorndike, Pal¬ Vermont Bond Sale—The of was due March 12, 1954, at 1.876% yield, and $5,000,000, due Sept. 10, 1954, at 2.677%. at Bank Treasury bills Dec. 10, as follows: 000.000, 1, Principal and interest pay¬ the National Shawmut able mer Bennington Graded School of) $40,000,000 1964 in¬ VIRGINIA Dec. i Treasury Bills Sold—An issue on sold bonds building to 1955 from 1 VERMONT Principal and inter¬ 1, 1973. Huguenin Dumas, by Jan. legal own expense. CANADA clusive. The from 1, and those maturing in 1974 thereafter are callable as of bonds as Boothman, of Dallas. 52,000 3 VzS. Due on Dec. 1 1986 to 1989 inclusive. 1953 Andrews Sept. 1968 inclusive. 4y4s, at par. Sept. 1, 1953. Due on 1 from 1978 to 1988 inclu¬ Interest M-S. Legality ap¬ Antonio, Dated 1969 to 1985 inclusive. The Jan San opinion at Interest furnish 1974 inclusive. 583,000 Sale—An issue of refunding Due on Dec. 1 from 80,000 33/4s. Dist., Texas Indep. Sch. bonds was sold to the Central Investment Co. of Texas, of $170,- bonds. Dated Sept. 1 from on to Purchaser Dec. 15 for the purchase of $1,Frank Dallas, 583,000 bonds, divided as follows: $1,000,000 school building bonds. on (CST) of purchase inclusive. 1973 to M-S. don, State Treasurer, will receive sealed bids until 11 a.m. (EST) on $53,000 Bond follows: as 1954 to ical Bank & Trust Co., New York *»an 3y4s. Sundeen Underwood A. $38,000 3y4s. terest (J-J) payable at issue to of Co., Ami- A. Offering—Geo. Bond Due bonds was sold & Co., of school house 000 to Sale—An 1956 to Principal and in¬ Due on July 1 from inclusive. 1967 as T exas Pos¬ tal, 4000 1, 1966. & of $300,000 sold was McMahon B. Duncanville Indep. Sch. Dist., Blountville), Tenn. Bond Offering—Howard R; bonds the for 21 Dec. on as 1954 Bond Sale—An issue school Corp., New York City, Boston and oral bids until 1:30 p.m. to the First awarded 2251—were $725,000 building by McCall, 2s, at 100.17, a basis of about 1.97%. Dec. 1, 1953. Due of Dallas. Vermont (State of) T exas 1965. and Mer¬ Dallas. of Seagoville Independent Sch. Dist., 1, 1964 313,000 2y>s. Due on Dec. . Parkhurst & Crowe, inclusive. 1963 to approved Legality the at Bank National Due on Dec. 1 from $155,000 2y4s. 1954 payable (J-D) chants composed of the Equitable Securities Corp., Nashville, First National Bank and Eppler, Guerin & Turner, both of Dallas, at par. 132,000 2y4s. Due Dec. Sullivan est to a group inclusive. 117,000 3V2S. Due on Dec. 1 1964 to 1973 inclusive. bonds school 000 thereafter and to including Nov.. 30, 1974, and thereafter at 100. Am agency of the Crown, the Commis¬ sion is empowered to generate, ac¬ Due on Jan. 1 from inclusive. Principal quire, sell, transmit and distribute (J-J) payable at the electricity and gas throughout the State Treasurer's office, through Province. the Kanawha Valley Bank, The debentures are dated Dee.. 1988 and interest Use the coupon below. Share in The Dime's big, big dividends. Charleston, t at or Bank & Trust Co., the Chemical New York City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York %DIME will receive sealed (CST) on Dec. 29 for the purchase of $215,500 gen¬ eral obligation local improvement Avenue Ave. J and Coney Island Avenue Due Corporation on Dec. 1 from 1954 to inclusive. 1958 terest Principal and in¬ payable at the City (J-D) Treasurer's office. Bowler (Village) and Almon, Bar- telme, Hutchins, Morris and Seneca ^ ™ Dime Savings Bank of Brooklyn Fulton Street and DeKalb Avenue, Brooklyn UN. Y. M Saving'notl!D Individual □ Joint Q Trust. Send my v bank book and free mail kit to the address below. (Towns) Joint Sch. Dist. No. 5 (P. O. Bowler), Wis. M Please open a COMBUSTION Clerk, bonds. Mermaid Ave. and W. 17th St. Member Federal Deposit Insurance by the principal Province of NOTICES ENGINEERING, INC. bids until 2 p.m. Fulton Street and DeKalb Ave. 86th CONEY ISLAND both to DIVIDEND BENSONHURST FLATBUSH interest and unconditionally are as Appleton, Wis. DOWNTOWN 19th and Quebec. Bond Offering—Robt. T. Maves, City and 1953 WISCONSIN SAVINGS BANK OF BROOKLYN Street City. 1, guaranteed Bond Sale The $40,000 awarded Shawano to (City), Gresham Red *- ■ 1 * y-> of of Directors Combustion will be issued. paid in lieu thereof. At the same time the declared the quarterly dividend o£ seventy-five (75c) cents per share, on the capital stock of the Company for the quarter ending December 31, 1953. Both dividends will be paid on January 22, 1954 to stockholders of record at close of business December 29, 1953, The above cash dividend will not be paid on: the shares issued pursuant to the stock dividend. Board STRAUSS (Vil¬ Herman, United States Plywood Corporation For the quarter ended-October 31, 1953. a Fenton Muehl, Clerk, will receive sealed caste the outstanding com¬ corporation has been dectaredl dividend of 35c per share on mon stock of this payable January 12. 1954, to stockholders of at the-dose of business December 31, 1953. SIMON OTTINGER, Wisconsin — will be 5 (Towns) Joint Sch. Dist, No. 8 (P. O. Shawano), District Cash & Springs and Seneca Bond Offering En¬ December 10, 1953 declared dividend of five percent (5%)„ on shares OTTO W. lage), and Waukechon, Westcott, Nararino, Belle Plaine, Richmond, Pella, Board fractional Vice President and Treasurer Wouters, of Green Bay, at 100.26. gjgf No 3% offered Dec. Gillespie bonds building were — Dividend Nos. 200 and 201 The gineering, Inc. a special stock New Xork.N. Y.; December 2, 1953 reconl Secretary.