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^Ksssa? MONDAY D£c ISSUE 8 1953 Commercial w Financial Chronicle Reg. U. S. Pat. Office Volume 178 Number 5279 New York General RAILROAD 7, N. Y., Monday, December 7, 1953 Price Net PUBLIC UTILITY - INDUSTRIAL - INSURANCE - Profit UNDERWRITERS—The profits This Issue operations income income taxes and 2,371,412 taxes Unrealized 1,963,933 11,291,691 «est.) 1,055,000 6,510,000 6,305,000 $908,933 1,265,000 $4,781,691 prof, •Earnings for¬ on Dr31 basis $1,106,381 178, 799,713 $5.98 of stock common experience November and and gross month, warm fall he a this in below the Mr. fell December proves expects management year's estimated construction of profits excess creased that added He taxes the the at operating costs, Mr. coming Greene will offset be by the on Alabama An stock.—V. common Power has application 178, policy filed with Power The proposed plan of which River develop both power below existing on stock 35 Talladega, St. State Clair, Calhoun, Ga. A proposed installation Etowah the Course The Clearings of Bank preliminary permit is issued solely for the purpose of giving the priority while conducting the necessary surveys and investiga¬ tion the preparation of an application for licens^—■V. 177, p. 2245. for mission Federal Power Com¬ a of A. K. U. at $23.75 per share, by an underwriting syn¬ dicate headed by Lazard Freres & Co., there becomes available the common stock of the first leading European industrial corporation to register under the Securities Act of 1933 and to publish a prospectus. A deposit makes the tion with arrangement American stocks common in the shares the so United Chase created States National resemble and Bank the facilitates effect in usual dividend form of Federal Auction Beginning June 10, 1953, all holders of ordinary shares were offered opportunity of depositing such shares with The Chase National Bank of the City of New York as depositary or Nederlandsche HandelMaatschappij, N. V., Amsterdam, the Netherlands, as sub-depositary Under the deposit agreement. Depositors receive 20 American shares ^or at each ordinary time for that share sale deposited. No shares American were offered The group's manufacturing plants are Western Germany, Great Britain, Spain, derived materials. located in the Netherlands, Italy and the United States. Netherlands, the In above offered company of will the be sale received of 10,000 by the company. ordinary shares The proceeds to the selling to the share¬ or their predecessors in interest amounting to Hfl. 13,600,000 (before deduction of estimated expenses paid and to be paid by the com¬ pany) were added to the general^ funds of the company to be expended from time to time for such purposes as the management might deter¬ holders mine. While funds of the no allocation of such proceeds has been made, general have been and will continue to be spent among other things for capital additions to plants and facilities to meet the demand for products now being manufactured and to manufacture new company products, for meeting the increased cash requirements of the company's operations and for making funds available to other members of the ■Group for similar purposes. BUSINESS—The Dutch parent company, A. and its affiliates rayon producing or¬ K. U., together constitute one of the world's leading ganizations, having produced over 12% of the free world's 1952 output besides producing their own type of nylon fiber plus rayon other opposite common research organization pilot plants and employs about 850 persons. Recent devel¬ include equipment for the continuous spinning of viscose new type of viscose tire yarn, and a nylon-type yarn, while substantial and continuing, effort Is directed towards originating and opments rayon, a a improving wholly synthetic fibers. TO FINANCING PRESENT Hfl. ♦Listed tThe on under indenture which effected Aug. on §The such of amount under 3Va% the debentures; debentures were issued pro¬ annually Hfl. 365,000 annual redemption was to Jan. on 1, amount of upon the which the 4'/2% debentures issued pro¬ 1,100,000 prin¬ were that the company shall redeem by lot at par Hfl. amount of such debentures thereafter to and including Jan. cipal amount on 2, Jan. 2, 1955 and on each Jan. 2, 1971 and Hfl. 1,300,000 principal 4Va% debentures are convertible prior 1959 into ordinary shares at the rate of Hfl. 1,000 principal 4V2 % debentures for one ordinary share, par value Hfl. 1,000 Jan. 2, The 1972. of the debenture and the payment of Hfl. 700 for principal amount so converted. The amount of this subject to decrease in the event of an increase in the outstanding ordinary shares through an offering to share¬ the distribution of a stock dividend or bonus shares. The surrender Hfl. 1,000 is payment number of holders or company may at redeem its option and in addition to. such required redemption debentures 1955 and upon the in decrease conversion of redemption. On Nol. after Jan. 2, the amount of said payment of Hfl. 700 those debentures which are so called for whole may 30, Company Kidder M. Corp.— & Co & Co 5,000 Higbie & Co properties 5,000 Michigan in are located 6,000 6,000 5,000 Jan. 11, 2101 North on at Mich. in continuously which it has been manufacture and sale of (1) company sells equipment feet are 13,750 products Export Operations. of for used for feet to located business occupies and building floor company square its jobbers Canada. handled uses All space. total a space manufacturing office approximately througout is 2,000 automotive the United States and through General Motors of approximately 118.250 which approximately 104,500 the remaining approximately the properties are owned by the of and of in fee except for approximately 14,350 square feet of factory floor space which is rented by the company and approximately 22,000 square feet of factory space located In a building which is being purchased by the company on land contract. In addition to the foregoing, the company owns approximately 19 acres of vacant land located about one mile from its main build¬ the that of new are being held by the company for future use in the event to indicate the desirability growth of the company is such as construction. GIVING EFFECT TO PRESENT Authorized ♦Notes Common stock ($1 value) par by 4%, 90-day notes July 20, 1953.—V. 178, ♦Represented dated ment FINANCING Outstanding $775,000 600,000 shs. payable to banks issued p. pursuant 1977, $775,000 328,302 shs. to Loan Agree¬ Exchange. 1953. 15, indenture principal the of CAPITALIZATION vides that the company shall redeem by lot at par principal and Kalamazoo, & incorporated was 1964 15, Stock Amsterdam offices company of feet Hfl. *10,000,000 4,380,000 ♦4,/a% convertible debentures, due Jan. 2, 1972 § 20,000,000 20,000,000 Priority shares (6% cumulative).. 48,000 48,000 6% cumulative preferred shares 30,000,000 1,782,000 ♦Ordinary shares 200,000,000 fll01,545,50o due Aug. debentures, A. Reid. ings which EFFECT GIVING Authorized Outstanding *3j/2% 6,000 6,000 & Michigan company centralized group's the operates each for cash. PROCEEDS—None of the proceeds of the sale bf the American shares severally equipment. The Overseas cellulose Corp.Co St., driven 48 part vides the payable to have since 1928 is the specially de¬ equipment for use in motor analyzing, tune-up and service, such as motor analyzers, compression testers, vacuum and fuel pump testers, distributor testers, universal electric services and regulatorgenerator services, and (2) battery chargers of various types and other miscellaneous items, all of which are adapted for use in the servicing of passenger cars, trucks, buses, tractors, and other motor- 48 System.—- Reserve Sales Carr Securities business service distribu¬ dollars. in notes Shares of C. Roney Wm. 18,000 engaged -48 Algemene Kunstzijde Unie N. V. (United Rayon Manu¬ —With the offering on Dec. 3 of 180,000 American shares the below signed Statement of Member Banks of Condition Of¬ share: a First Inc.— Its The —48 Rates Banks Reserve CAPITALIZATION facturing Corp.), Netherlands—American Shares Offered of $3.50 Mulhall, Simonds 1928. Condition Statement of Federal Combined the holder & Pitcher Cherokee Counties, and named 18,000 BUSINESS—Company Redemption Calls and Sinking Fund Notices.48 Dividends Declared and Payable —11 Jordan generating at a price company Livingstone, Crouse The of reduce to underwriters Co.— Baker, 54 47 City Bond Offerings and Foreign Exchange facilities would be approximately 321,000 horsepower which would make available about 1.155,000,000 kilowatt-hours annually. The energy would be utilized through Alabama's Power's transmission system in Alabama and through interconnections with utilities operating in Georgia, Florida *nd Mississippi, and with the Tennessee Valley Authority. initial the Olmsted Ala., and Floyd County, The of R. & in the 180-mile reach of the river between the existing Lay reservoir and Rome, Ga. The development would be located in Elmore, Shelby, used be may to purchase from the company in the amounts set respective names an aggregate of 75,000 shares' of their and dam, 2,000 (Mich.)—Stock Co. group such proceeds of American Commission development would include several dams would Equipment net proceeds to the company are to be used working capital to finance the increased volume of company's business. To the extent that such net proceeds can so applied without curtailing working capital requirements, a agreed General Corporation & Investment News.Cover toy this company requesting a preliminary permit for a proposed hydro¬ electric development, to include several dams, on the Coosa River in Alabama and Georgia. Coosa 7,000 7,000 UNDERWRITERS—The Miscellaneous Features has Federal the Prescott, Shepard & Co., Inc. 3,000 Stein Bros. & Boyce 3,000 Swiss American Corp 3,000 Janney & Co.— 2,50o Stroud & Co., Inc —— 2.500 Shares in¬ 3,000 3,000 banks. S. Co.—Hydroelectric Development— been — additional the Averages.35 of Stock Prices SEC Index 3,00o ; PROCEEDS—The for portion Exchange Co & Newhard, Cook & Co of underwriters, headed by S. R. Liv¬ ingstone, Crouse & Co.. and Olmsted & Mulhall, Inc., on Dec. 2 publicly offered 75,000 shares of common stock (par $1) at $4 per share. 35 35 Stock American Burnham 7,000 7,000 & 5,000 — Zuckerman, Smith & Co Electric fered—A be Dow-Jones Stock and Bond Averages.; 1\765. p. Allen Hogle & Co The Ohio Co 1785. p. 5,000 4,000 Wat'.ing, Lerchen & Co 4,000 Arthurs, Lestrange &, Co.— 3,000 (Inc.)_ 7,00o Corp Rothschild & Co 178, 35 National Quotation Industrial Stock said. dividend of L. F. A. 7,000 Reynolds & Co —V. J. 9,000 7,000 — Roland & Stone Transactions been discussed Informally from time to time by directors but that no action has been ■taken to change the present 80-cent per share annual dividend rate question Higginson Model, 5,000 New York Hanseatic Corp.— 9,000 Co Central Republic Co. Lee 46 Markets Corp & Allyn & Co., Inc Blair, Rollins & Co. Inc _42 45 Section Exchange—Curb Weld _ A. C. ...41 Stock Exchange.... Securities White, 7,000 Ingalls & Snyder 9,000 Union Exchange Stock 9,000 9,000 Transactions New York Stock Exchanged at year-end Exchange Stock Over-the-Counter approximately $4,000,000, and Said it would be financed by means of bank loans having maturi¬ ties which would give the management latitude in timing a refinancing plan to the advantage of the company. A decision on the type or types of securities to be offered will be based on market conditions and the needs of the company at the time. As of Sept. 30, 1953 the company's capital structure comprised 58% long-term debt, 5% preferred stock and 37% common stock and surplus. A substantial part of the $215,000 saving to result from expiration 1954 Stock Angeles Toronto property on the books of the $36,000,000 Exchange.... Toronto 1953. Greene Stock Exchange Canadian Stock Exchange to be another 1953 earnings level. growth the company during the past decade additions to its utility plant, these new additions represenitng better than 60% 30, If Dec. 2. on unseasonably warm, he below the level of the were months out, last year both said Stock (Bonds) Shields & Co.— Bache & Co 10,000 Smith, Barney & Co 15 27 31 36 36 36 (Stocks) Exchange set Amer. Shs. Inc. 9,000 9,000 Carl M. Loeb, Rhoades & Co. 36 Midwest Stock Exchange. _—37 Philadelphia-Baltimore Stock Exchange 39 Pittsburgh Stock Exchange 39 San Francisco Stock Exchange 39 Montreal Stock Exchange 40 this made $23,000,000 gross Sept. shares Amer. Shs. Kuhn, Loeb & Co. Cincinnati Stock Exchange. during December, this corporation the $1,209,333—$1.32 dividends—earned in 1952, Joseph ago. year pointed of care of revenues somewhat take To Boston out- 1953 net income approximating common share after preferred JN. Greene,'Chairman of the Board of Directors, October presently Detroit a added, $5.45 $1.14 shares Los corresponding months Stock Stock Exchange American $4,361,874 Corp.—Earnings Estimated— weather normal York New 2089. p. report for $4,786,919 $910,734 $1.38 of Alabama Gas at 73,688 5,228 1,801 New York share per. the *tanding.-vV. ■to Stock and Bond Quotations severally have American of below: Freres & Co Harriman Ripley & Co., Page Canadian companies Given numbers respective below named underwriters the names The First Boston Corp profit of U. S. & should purchase ! $4,288,186 $1,106,412 eign exchange ♦On to opposite their Lazard 10,593,186 excess Net profiMrom opers. Net forth $15,693,220 $14,323,064 $64,073,664 $62,250,425 from "before Fed. MISCELLANEOUS - agreed 1953—12 Mos.—1952 1953—3 Mos.—1952 sales Copy a Corporation and Investment News Addressograph-Multigraph Corp. (& Subs.)—Earnings Period End. Oct. 31— $1 or 1953 in part at of none par these on or had debentures been American Airlines, Inc.—Signs New Lease— corporation in one of the largest real estate transactions in history, has leased approximately 3,300,000 square feet of ground space at New .York International Airport from the Port of New York Authority for a 22-yfear period It was announced on Nov. 30. Rentals paid by American for the 76-acre area, which borders This airline road, will amount to more than $3,363,000 lease, the announcement said. lease coincided with the Inauguration of Amer¬ ican's transcontinental flights between New York and Los Angeles from Idlewild Airport, and permits American to expand its operating facilities to accommodate its growing fleet of Flagship Idlewild's the over The entrance main term of the signing of the DC-7 non-stop equipment. will be required to spend in improving the property prior to March Improvements will include construction and installa¬ of hangars, office space, concrete aprons, aircraft and automo¬ parking areas, roads, fencing, etc.—V. 178, p. 1565. Under the a minimum tion bile terms of the contract, American $5,000,000 of These 1960. 31, American Car & Foundry Co. Period Ended Oct. 31, (& Subs.)—Earnings— 3 Months 1953— 6 Months converted. Illncluding Hfl. 9,000,000 nominal amount of ordinary shares which Sales of Profit the Netherlands Govern¬ the company has contracted to purchase from cancel, of which Hfl. 1,000,000 nominal amount was ment and to the Hfl. company 100,545.500 nominal amount version of and cancelled nominal of the 4'/a % on amount ordinary Sept. but shares debentures. 1953, 11, not reserved Hfl. for issuance before Provisions Federal for income Federal —— 4,877,320 2,922,660 taxes 10,045,094 5,821.792 1,954,660 taxes income 62,184,952 130,604,319 4,223,302 delivered leaving oustanding including products and services 20,000,000 upon con¬ Net Earned profit- per common share dividend requirements after preferred $2.00 $4.43 During recent months the company has had partial cancellation of several defense contracts. In certain instances the partial cancellation "The slow, has, company asmuch been as relatively small and producti^ haof orders has declined to $200 m ion of $110 million defense and $90 million been have orders new backlog its schedule, on 1953, consisting 20, of Nov. as delivery dates for the re¬ equipment market has number and quantity. however, taken additional passenger car orders, in¬ Nov. 24 of 240,000 shares of common stock (par at $17 per share hy The First Boston Corp. and ing on $5) Blyth & Co., Inc. and Net operating before"Federal income on $67,162^372 J,063,232 1.210.000 0-75,000 ------- renegotiation, etc. inc. & $853,232 tBased 'Loss, dividends for provision $0.52 1953 (after shares outstanding Oct. 4. —V. 178, 1953 backlog of $90,000,000, 1269. p. Co.—Consolidation Cigarette & Cigar $1.04 \$1.07 —— in $21,440,955 oil and 1953 notification of letter with filed was the SEC stock (no par) to be offered at $21 through Grunthal & Co., New Haven, Conn. The net pro¬ to go to James A. Walsh, the selling stockholder.—V. 178, 1,000 shares share are of class A common Privately—The corporation has placed privately with the Provident Mutual Life Insurance Co. of Phila¬ an Oct. 31,'53 Net $ 40,143.000 sales income before Federal Net income Earnings —V. paid 177, 30— Net $ 163,662,000 39,711.000 159,486,000 $823,386 $570,507 $1.65 $0.60 $0.60 — Years End. Aug. 3J Co.—Earnings Increased$730,911 $1,016,755 $1,403,622 9,466 8,117 3,294 7,596 $1,241,074 $739,028 $1,020,049 $1,411,218 taxes 802,804 344,759 543,164 993,164 income taxes— 415,000 165,956 263,000 372,963 __ — Earns, inc. before Federal — Net earnings —V. 178. $620,201 $280,164 $178,803 $387,804 — (par $1) in units of PROCEEDS—The Machine Period End. Sept. Profit before ♦Prov. inc. Fed. for taxes Net No. 994,287 3,997,277 3,279,533 689.000 2,951,000 2,355,000 profit - provision $290,837 350,000 $0.83 $296,287 350,000 $0.85 — shares—— per share capital ♦Includes 979,837 698,000 taxes income — Earnings p. $7,159,538 — renegotiation for of $924,533 350,000 $2.64 $1,046,277 350,000 $2.99 defense contracts.—V. 178, 9.425,000 $1,100,000 (est.)— $1,200,000 $4,500,000 $4,300,000 and 1953—Month—1952 $ raid are $ ' $ Standard & Sanitary Corp.—New revenue— 49,794,646 55,800.045 517,437,865 oper. expenses. 38.035,719 $836,196 five months 36,630,136 359.889,907 349,946,573 Net from rev. 178, ry. 11,758.927 op. income— oper. ry. —V. 497.829,465 19.169,909 5,200,184 147,882,892 157,547.958 6,156,413 58,188,187 66,230,148 1766. p. Light Co.—Bonds Placed Privately—The has sold privately $2,675,000 4y4% first mort¬ part are ($4,325,000) The p. of authorized an is expected to be sold will be used to proceeds issue $7,000,000. of before April 30. sales of 1954. 178, Net and exps. Co.—Earnings Higher— 1953—Month—1952 taxes- 1953—12 Mos.—1952 $2,012,672 $24,925,011 wiiiiam Murphy, B. President of director.—V. a 178, the Soup Campbell American Tobacco Co.—Consolidation stockholders The American latter stock been voted to Approved— the proposal approve to merge Cigar Co. into The American Tobacco Co. 969; of the common stock and 819 of the American of than More 2 has Cigarette & already owns ferred Dec. on Co., 1G65. p. of 799 The pre¬ Cigarette. 20,890,258 was $405,101 $311,411 $4,034,753 $3,398,337 3,172 2,877 49,505 62,911 $408,273 Int., $314,288 $4,084,258 the Sept. the Net 80,060 income 59,361 889,464 721,652 $328,213 $254,927 $3,194,794 $2,739,596 44,154 31,104 495,920 373,250 dividends Preferred Balance "Earns, $284,059 $223,823 $2,698,874 $0.21 _ per $0.17 $2.03 share com. 178, Dec. 4.—V. 178, Palestine p. 1953 not of 15-year and Co., sinking 4% aefcrued Trust called interest. fund Trading Corp. — Partial for redemption on Jan. 4. next, $34,000 debentures, series A, due 1966. at 1009- Payment will be Broad St., trustee, 55 New York Ann Arbor RR.—October made 15, at the Manufacturers Y.—V. N. 177, p. 2449. oper. Railway oper. expenses ry. oper. Income income-- ♦Net tNet ♦After Federal ductions.—V. Income 178, p. $7,931,001 $6,140,656 5,960,583 5,258,916 74.949 834.459 69,849 701,823 fAfter fixed charges 470.547 A. other de¬ 1665. Chairman Singer, of Robert Vice-President held the 1923.—V. $1.78 office 177, K. Beck and General of President p. 409. of as Oct. on 1953. 31, Fuji the Board, President, Manager, since $382,686 353,754 353,754 786,120 786,120 $0.65 exclusive $132,086 of Sept. to $0.49 $23.25 30 profit a $22.83 $97,321 of to 1952, for the first subsidiary com¬ 30, the wholly-owned of consolidated. Cigars Incorporated in the wholly-owned consolidated, has increased! since acquisition Bayuk of not 1953 by $623,518 and to Sept. 30, included in not are 30, b^ $516,126. These 1952 the above statement.—V. 178, p. 658. Corp.—Signs New License Agreement signing of s license agreement between this corporation and Industries, Inc., Tokyo, Japan, for the building of the Heavy Beechcraft This "Mentor" 1953 Beech military trainer Air license-contract Aircraft in the with first Transport Beechcraft previous was Co. major was C17E in Japan announced was last be of built first being nearly history, when 20 and the saw Japan today 178, completed agreement however. for the will this planes the build built market. The The civilian Japan between the week. There similarities many by years the licensed by Beech Aircraft to high-performance civilian biplane. officials planes in the Beechcraft made contract second the Japanese, difference, civilian were marks years Beech agreement one the few Model day 1936 RR.—Earnings— 1953—10 Mos.—1952 in Japan in planes which high-performance military be 2090. p. the on Mr. succeeds Period End. Sept. 30— $ 11,972,635 12,724,988 137,966,189 140,795,051 Operating 11,310.570 12,248,112 119,296,580 114.086.624 Operating expenses,, oper. 662,056 476,876 18,669.609 26,706,427 income— 631,118 704,628 7.597,035 ry. oper. ry. —V. fr. rev. 178, Net Gulf Indies West & Steamship Newman, President, unanimously had that the direc¬ acted Among other things the a share all of the offer provides for calling forv redemption at preferred stock of New York & Cuba Mail the is Inc., will be presented Chairman operators of of in adequate form to be acted upon. 7,535.770 2,556,908 2,046,946 25,015,751 18,927,862 2,038,918 1,525,121 20,621,580 14,483,863 operating income- charges/—/— 178, 946. p. the Board and 1 Beck, Mr. formation of anounced who Singer the has the of the Steven¬ loans repay to Inc.; who has in and for of the Board of the Ocean Freighting & Brokerage Corp., which does a general brokerage and shipping agency business. Richard Weininger, a private investor, is a director of the Consolidated Royalty oil Co. of Caspar, Wyo., and and director of National Phoenix Industries, Inc., hold¬ Inc. and for Cantreel & Cochrane Corp. ing company for Nedick's, One ing of the at its matters which decision, extension of its an the board of directors considered in arriv¬ was the difficulty being encountered in obtaining subsidy agreement with the Federal Maritime Board. ness in distribution The of right sold in Ltd.' (a Atlantic Refining Co.—Operating Group Plans Con¬ tinued Oil Exploration in Canada—See Tide Water Asso¬ ciated Oil Co. below.—V. 178, p. 1977. Baltimore & Ohio;-RR.—Earnings— ' 1953—Month—1952 Railway oper. Railway oper. $ 1953—10 Mos —1952 § ~~ —g-;—— ~ revenue— 40,754,210 40;i03,738 392,720.426 366,193;'597 expenses. 31,599,663 'Sb^tojeOO 307,944,873 291,244.553 Net Net rev ry. fr. oper. —V. 178, p. ry. oper. income 1978. 9,154,547 9.530.138 4,201,544 4,540,874 84,775.553 40,122,825 various Co., one the use net Ltd. Bros., capital. at $1.50 cent) and to the use proceeds to Commercial the Donald of Canada corporation) Duck Beverages, trade name Duck. Donald of busi¬ whose in engaged is and trade held in by mark soft on Continental certain areas of drinks Beverages, the United Beverages, Inc. (an American corporation) under agreements with General Beverages, Inc. of with Walt Disney Productions, Inc., creator character. operation have been addition beverages. Donald Duck the long-term franchise Chattanooga, Tenn., and of the Duck Dominion Canadian under controls two bottling subsidiaries established and which are now The two bottling subsidiaries now franchised by Continental Beverages, Ltd. and Inc. these two subsidiaries, the company also has a Beverages, Inc. whereby the company right to set up bottling plants for sale of Donald Duck beverages throughout the States of New York (except for New York City) and Massachusetts. The company's franchise requires it to purchase the concentrates for Donald Duck beverages from the licensor, Continental Beverages, Inc., to maintain quality standards franchise has the fixed sell levels Continental exclusive by a year. to from the licensor minimum This off at and number minimum 7,500,000 CAPITALIZATION by of Walt cases begins at cases in GIVING Disney of 375,000 the cases eighth EFFECT Productions, Donald TO Duck in the Common —V. stock 178, p. (par one 2090. cent) Inc. and beverages first year to each and year. PRESENT Authorized 74,949.044 37,024,707 to Coad working flavors Donald States by Continental in 1565. an open soon BUSINESS—Company was organized in New York on Oct. 19, 1953 the purpose of distributing, through subsidiary bottling companies, company currently has already been Chairman will 2, for drinks also intends company Richard & The and Dec. on 198,000 shares of tommon stock (par per share "as a speculation." operating between the United States East Coast and the Mediterranean areas, announced Beverage Franchises, Inc. (N. Y.) — Stock Offered— Richard & Co., Newark, N. J., on Dec. 2 publicly offered soft a been company St. Charles, 111.—New Plant— was plant privately owned line $ Dec. it $750,000 in St. Charles, 111. The corporation is a leading manufacturer of automatic coffee vending machines. The giant plant is presently geared to double the firm's production. Richard Weininger. President the Stevenson Line, 14,929,000 6,365,577 "., corporation, Beverages, made by Thomas J. Stevenson and was 21,403,900 663.918 PROCEEDS—The held by the public. call for the meeting, The offer 1,557,800 763,963 ultra-modern Steamship Co. With 14,725,859 139,973,850 2,163,GOO Bert Mills Corp., announced the $27.50 15,956,444 taxes-— This Nov. 30 on favorably upon, and will present to the corporation for their approval at a special meeting to be called for that purpose, an offer to purchase all of the common stock and the preferred stock of New York & Cuba Mail Steamship Co. held by the corporation. The maximum price is $6,000,000 In cash and $3,000,000 in 4%, 12-year debentures, but subject, under certain conditions, to possible adjustment downward. tors $ 166,981,476 126,759,037 18,994,523 Lines—Plans Holdings in Subsidiary— A. income after —V. Atlantic $ 21,440.915 revenues operating taxes— Other Net 1766. p. 1953—9 Mos.—1952 193,929,271 $ 9,601,803 Federal Net Net Pennsylvania—Earnings— 1953—Month—1952 $ 361,851 and Apex Smelting Co.—New President— W. $511,963 — is year Bell Telephone Co. of 1953—Month—1952 Period End. Oct. 31— '' election oi fiscal Beech Aircraft In $740,664 610.855 taxes, loss a the company, Continental 1953—10 Mos.—1952 $838,756 649,674 72,435 revenues outstanding Earnings- 1953—Month—1952 59,151 Railway shares common Railway oper. revenue— Railway oper. expenses- —V. 178, p. Period End. Oct. 31— and of equity amounts 31,987 404,362 outstanding statement above months Sept. 819,035 net share of common stock per $ Vice-President has corporate —— earned 30, 1952 1,088,429 534,508 stock s and Persian Gulf 1765. Redemption— corporation 1953 income on Pennsylvania $ Co., Ampal-American The $2,366,346 1369. p. Stevenson on of common will 1.331,741 on son stock proposal the 41,958 eleven ago, Mr. merger for profit $25,343,893 $23,956,490 — taxes NOTE—The $3,461,248 deductions- etc., the of Net week. income Gross represented at 939 than $268,336, Aug. 31, 1953 1874. Sept. 30— Book value per share of com. stk. as of Sept. 18,739,673 the essential terms of the offer outstanding stock of The American Tobacco the meeting in person or by proxy, and more represented at the meeting voted to approve the merger. Stockholders of American Cigarette & Cigar Co. approved Co. of Backlog were $22,138,010 1,701,261 — products contracts extend¬ ended 1953. p. — of Amount to 1,829,483 income 31, 173, name thermo¬ of designs. many and October months five March profit Shares subsidiary $2,234,584 the $33.147.—V. Dividends The Period End. Oct. 31— with the finished tax income pany, 1465. Atlantic City Electric work¬ and under fabricator and customers' own $1,400,600, for 1947 It manufactures for September ended year was cigars Commonwealth balance The off short-term bank loans.—V. pay to $628,932 the for its on Profit, before provision for taxes income Sept. 1, 1953, and due Sept. 1, 1978, to insurance companies. These molder custom Net sales in Bayuk Cigars, Inc.—Earnings Increased— Gas company for expansion be used incorporated amount period 9 Months Ended Net Federal stockholders of JDirectorelected Offered— $ oper. Jerome Radiator based to with compared and 1953—10 Mos.—1952 Railway Net proceeds will thermosetting plastics. components orders as Sale of 849. American Y.—Securities share of each class of stock at one 8,950i000 2,500,000 2,300.000 - Period End. Oct. 31— 1953—3 Mos.—1952 1953—9 Mos.—1952 $6,669,542 $24,587,531 $20,694,036 30— sales N. capital. training aircraft.—V. Metals, Inc.—Earnings— & net BUSINESS—Corporation, Applied Plastics, Inc., is a Atlantic Coast Line Net $2.53 178. p. 2089. Duffy-Mott Co., Inc. below—V. American $1,953,919 $2.17 $6 per unit. ing Atchison, Topeka & Santa Fe Ry.—Earnings— Products Corp.—Sells Clapp's— Home $1,637,761 1951 of Corp., 4,650,000 Period End. Oct. 31— -V. American Industries 8,950,000 945. 1). 'Based See 815,308 946. p. 4,925,000 1925. p. t$2,769,227 capital stock, tlncludes non-recurring items amounting to $2,529,493 in the 1953 period and $720,369 in 1951. Present —V. 170, 1952 1,054.395 $4.70 shares 754,882 9.425,000 Operating income $1,231,608 Total a $2,100,000 off 1766. p. share per on ing well into 1355. Other 1950 1951 1952 1953 — sales paying $2,632,156 profit "Based The Miscellaneous income seek would 1953 1,300.000 taxes 176. Oper. American Forging: & Socket Net it 1,439.934 taxes 2,500,000 Operating revenue 2349. p. 4'/2% mortgage said f$4,991,613 taxes income 1,200,000 $1.14 share— per first It $3,551,679 income for 2.300,000 Federal earnings V. —— —-- share per Dividends Commission Commerce $2,000,000 investors. Sept. 30— before plastics and Subs.) — Owned Wholly (& —- —~ 9 Mos. End. Profit taxes before income Nov. 1/52 $ gage bonds dated 1953 1952 $34,325,245 $36,320,504 prov. for Income taxes— 1.444.768 910,350 and Territorial income taxes 621,382 339,843 Sept. Ended _ income Net Estimated Ltd. Factors, Months of Corp.—Earnings— taxes/— inc. before Earns, Federal Earnings seven (net) Interstate sale private Manning of New York City on Nov. 25 offered publicly 49 800 shares of class A participating preferred stock (par $5) and 49,800 shares of class B common stock 12 Mos. Ended Oct. 31/53 Nov. 1/52 $ Atlanta $1,247,000 3 'u notes and increase working proceeds are to be used to pay off outstanding, finance improvements capital.—V. 175, p. 2585. The presently Nine the to the to due 1961, of which $1,675,000 is held by the RFC. The government's former .ending agencytried unsuccessfully ceveral times earlier this year to sell its B & A Bassons promissory notes issue of $2,000,000 4V4% Oct. 1, 1955 to 1963, inclusive. Sales 1976, the securities. The company will use the proceeds to aid in of its outstanding collateral trust 4'/< bonds 293. C.—Notes Efired Mills, Inc., Mt. Holly, N. Placed American applied negotiate 1, price of to for "Earnings covering 27 Nov. on Railway due has to due July Provision 3 Mos. Ended—— such mold-derived drugs as penicillin, streptomycin, dihydrostreptomycin, arid neomycin, not produced by Cyanamid at present," Mr Towe also pointed out that this provides Cyanamid with addi¬ tional facilities for expansion in the pharmaceutical field. See also Heyden Chemical Co. below.—V. 178, p. 1873. delphia 1,292,008 Sale— Bond Barber Oil Princeton, American & $2,099,010 1,683,490 $3,968,634 Associated Dry Goods Corp.—Quarterly Report— the at $2,306,156 80,646 company Net . produce, $4,013 71,877 Carter facilities, will be administered by the firm s Lederle Laboratories Division. In outlining present plans for the operation of the Pnnceton plant, Mr Towe said, "The acquisition will result in u broadening oi Cvanamid's line of antibiotics, in that we will be in a position, mow i to $4,075,564 $38,480 ry. authority bonds, outstanding sales of purchased crude 1952.—V. 176, p. 1049. company said Towe 984,499 Armstrong Rubber Co.—Filing With SEC— A p. of Heyden Chemical Corp.'s antibiotic division, inc.uding a 40 acre plant at Princeton, N. J., and Heyden s patent rights and processes relating to the manufacture of anti¬ biotics was completed on Dec. 1, it was announced by Kenneth C. Mr. stock common 1953-——— "Including Completed — Cyanamid Co.—Acquisition this to $4,953,133 608,924 1953• below.—V. 178, p. 1565. American Tobacco Go. American £4,684,488 (retired in June applicable to common stock share per 30, Sept. per Transfer ' " - — $20,394,618 in ceeds See — - oper. income— oper. preferred stocks). on This compares with a June 28, American 7,743,093 2,789,960 7,108,455 2,423,967 income on for 1953—10 Mos.—1952 $783,568 $10,901,339 $10,614,071 779,555 8,595,183 8,515,061 770,131 exps holdings at competitive bidding.—V. 178. of the third quarter the consolidated backlog corporation and its subsidiary was estimated at approximately $82,000,000. - income———— on stock pfd. on income Net BACKLOG—At the end the taxes taxes income Earnings '$542,238 1.413.867 on for Dividends !£n>238 stock...—$0.48 income tEarnings per share common before income ; '■* $60,61T940 - taxes for Fed. taxes on income 1953—Month—1952 $808,611 revenue— fr. rev. ry. The 1353 1952 $99,030,892 $94,416,185 9 Months Ended Sept. 30— 'Gross Net Net bales'15 Ended SePtl3°r Corp.—Earnings Increased— Oil -Reports Profit— (& Subs.) American Bosch Corp. Fuel Arkansas Provision of Net 2089. Plans in order backlog, but barring unforeseen develop¬ ments, the outlook is that earnings of the current fiscal year, while they may not quite equal last year, will nevertheless be vtr$ satis¬ factory.—V. 178, p. 945. Net oper. quickly oversub¬ was p. oper. Railway Net the drop Despite Profit 173, Period End. Oct. 31— Railway products. regular Prov. associates For details, see V. scribed. Bangor & Aroostook RR.—Earnings— offer¬ Sold—The Co.—Stock Service Public Arizona of extension an portions of the contracts. The railroad with new freight car orders few in maining been with combined been has 500,000 shs. FINANCING Outstanding 316,266 shs. Volume 178 Bolivia There 5% been of retained collateral Co., Chemical Geneva, Geneva. the St., Coupons de Banque of April on 2061. p. J. Co., New York, on Dec. 2 publicly of¬ fered 215,000 shares of capital stock (par 10 cents) at $1 per share on a best-efforts basis. face the at of Henry 1, Paris 1954 should the be be used the SEC covering offered 748,000 at 40 cents and York, N. R. for used Nov. on shares of share per Real working filed 11 of through (par cents) 10 Chicago, III., investment Full the of announced operations distributors C. where areas dealer Ingersoll, will other offer financing services to not are equipped and terms finance operation.—V. 178, consistent be will currently companies stock in handle to offered those with engaged this in inde¬ by trade dividend Dec. on arrearages total $6.45 will 8 the on take Operating revenue Operating expenses $7,598,270 _____ Net (Dr)______ rents Other income 307,496 3,649,225 36,939 359,471 $632,419 $4,300,075 96,316 77,591 604,537 Contingent $513,326 charges $710,010 $4,904,612 generators, York, N. 318,846 182,683 2,955,403 1,821,718 from The in Butler Delaware activities. foreign scale, by the Foundation, to Butler "as later together models), copyrights with $208,481 $127,491 (Mich.)—Class A Corp. 178, *$598,128 and 1766 pp. purchase to working to are manufacturing be Common stock , and EFFECT trade-marks. and Stock Offering- offering its be Dec. to used reduce 22, Co. Inc. has agreed to purchase & the whole the equipment PRESENT FINANCING be to used Dec. 31, retire proceeds CAPITALIZATION—Upon standing of 3 \'a '/r. 1973; will company any for the due B Sept. and 1976; a conversion $960,000 loan due block no send the out city and gas estimated present W. Chas. Fairfield Stratford and members Scranton Co.; & the of Hincks underwriting Bros. & & Putman Co.; Co.; & Western building, company With well a third few weeks The inch 1, of over is Interest, British 100 hour, an which producer Grose the 527, was barrels of oil in 1,251 Fed. in the area.—V. 178, (& Common —V. 178, p. 12 hours through a The SEC acre profit after capital Number in pp. 566 and of 1951, and of lease land use with De¬ sale of conveyors property includes, in option adjoining a Service to tracks purchase of two-story the on Grand brick 1953 P. shares 6,951,719 $1,923,222 9,054 $5,366,087 $4,751,712 $15,039,438 $13,444,685 income 8,485,173 $0.56 $0.59 'million. It amount mates is to funds in SEC enable needed in as would filed for $12,750,000 to up of banks group a and an the Commission, this loan agree¬ borrow up to $10,000,000 of new by to 1954, and under the agreement notes would mature to a two-year renewal. The presently out¬ serial notes held by an insurance company the issuance to the insurance company of an retired of by of amount the described above notes. new proposed financing will enable the corporation to invest further in the common stock of its subsidiaries and thus aid them in funds financing This Co., Electric Public Co., "Central shares $10 with its subsidiaries, Central Power & Oklahoma, and Southwestern Gas & Co. of order with Power its of joined has Service for an the following transactions: and sell 300,000 additional respect to issue to proposes par programs.- Subsidiaries— in Investments corporation Light construction future their Increase To (a) corporation borrowings with subject 1955, be This the 3, for made be corporation $2,750,000 equivalent to approved If the Nov. application an which year. agreement company. 31, $1.58 1953 new construction will, is in line with the esti¬ year million, $54 the FINANCING—On the credit will ment that' 'for the expected earlier of insurance 8,485,173 $1.65 PROGRAM—During the first nine months of 1953, of the System companies totaled $38.8 approximately PROPOSED an 9,091,257 expenditures given approval stock common to Central South and West for $3,000,000 in cash. Public Service its of to transfer ip $10 respect of tional its or a Service West 81,000,000 300,000 and Central Surplus" the sum of $10 sell issue, to proposes to Central South to West, "Stated each for additional of and Capital" said and addi¬ deliver 300,000 shares, and South West for $3,000,000 to proposes 100,000 in to "Earned stock, deliver and total of $3,000,000. also stock Southwestern South from common issue stock common books its $10 par to proposes par Its on shares, Public of sell issue, and deliver additional shares of its $10 par to cash. in Central and stock common .or cash. ' The to proposed finance, panies. until in The ■ Dec. financing by the subsidiaries is said to be necessary part, the construction programs of the respective com¬ Commission 14, 1953, has issued to request a order giving an interested persons- hearing thereon. To Borrow From Banks and Insurance Firm— Central & South West Corp. has applied to the SEC for an order author.zing bank borrowings in the aggregate amount of $10,000,000 during 1954 and borrowings from an insurance company of $2,750,000 Dec. 31, 1953; and the Commission has issued an order giving- persons until Dec. 14, 1953, to request a hearing thereon. entire proceeds of the bank loans will be invested in the common of one or more of the applicant's subsidiaries to be used for The their construction surance 762,825 178, Proceeds programs. will company amount.—V. J36.234 ; be used 1678 and p. to the borrowings from of retire outstanding the notes in in¬ like 1899. 716,275 $1,638,577 $1,243,181 375,753 Chesapeake & Ohio Ry.—Earnings— Period End. Oct. 31— shares outstanding outstanding 351,846 339,773 Railway :: $883,434 290,252 393,831 shares ______ on 125,000 Nov. 20 filed a letter of notification with shares of capital stock to be offered at $1 without underwriting. 1953—10 Mos—1952 $ - $ $ 26,938,629 293,755,452 294,648,214^ 205,055,747 212,690,734 revenue.. 30,937,935 expenses 21,480,218 20.403,011 9,457,717 6,535,618 88,699,705 81,957,480 5,791,522 3,983,457 51,252,588 44,587,824, oper. revenue the per The proceeds are to be used to drill four from rail¬ operations.... way Net railway oper. inc.— To Build New Spur Line— p.'2090. corporation 1953—Month—1952 $ oper. 359,747 $1,262,824 stock —— the will company Neck, Va., Pan-American Petroleum & To reach construct to serve Refining half-million-doilar a line spur the at $33,000,000 a Corp., oil refinery plant which subsidiary of Pan American a Transport according year, Co., plans to construct there early to Arthur S. Genet, Vice-President-Traffic. plant, C&O will, build five miles of track at an next esti¬ mated cost of $500,000. Construction will begin within 30 days and" is expected to be completed in four weeks. plant is expected to produce 25,000 barrels daily of petroleum, products, mostly high-octane gasoline. Planned expansion later on. line the 1,151.614 1,020,701 Gross 1,148,809 $992,652 $1,117,226 outstanding $1,045,952 649,762 $1.61 649,762 649,762 $1.53 Ry.- -October earnings $1.72 _______ expenses ____ 39,756,933 p. to 1953—10 Mos.—1952 $ s 35,926,696 4,754,910 21,701,539 23,560,187 1978. Carborundum activities research 1953 30— 1952 1951 $5,310,103 $5,764,172 $6,279,285 4.997,390 $1.06 shares 4,997,390 4,997,390 $1.15 $1.26 ' * _ of and the 100,000 Co.—Affiliate have companies Borolite Coip., which to development temperature $60 to $70 barrels million, per bring will day.—V. 178, production p. up to maximum a 1984. Chicago Great Western Ry.—Plans Bond Sale— The company plans to negotiate sale viously offered at competitive bidding. The to Expand— united forces to expand the recently formed to pursue was of various metal borides ("Borolites") for military and civilian applications, according to a joint announcement by the Presidents of the three cooperating com¬ panies—Kenneth D. Mann, of Firth Sterling Inc.; Dr. Paul Schwarz¬ kopf, of American Electro Metal Corp., Yonkers, N. Y.; and Maj. Gen. Clinton F. Robinson, of The Carborundum Co. Ail three companies had previously engaged in separate research and development programs for atomic age rnatireals. The joint state¬ ment said the Borolite Corp. was formed to concentrate funds and facilities for faster and broader development of new high temperature materials desperately needed by govern/n^nt and industry. American Electro Metal Corp. has assigned to the Borolite Corp. high (&* Subs.)—Earnings— well-known cost of $ 40,055,763 392,992,052 379,305,388 35,300,853 371,290,513 355,745,201 3,830,237 earnings 178, Earnings— 1953—Month—1953 $ -V. taxes Pacific Canadian 1951 taxes exempt the of $6,000,000 in bonds collateral trust securities, due Nov. 1978, 1, from petitive bidding requirements this time. In April, the road rejected a bid for the bonds that named net interest cost. It now says it will not sell for less than 99, interest ' The April. rate higher than 5'/2%, has borrowed $4,000,000 company It said it has offers to negotiate investment it pre¬ is seeking Interstate Commerce Commission permission company banking firms.—V/178, p. of temporary com¬ 5.90% a or money at sale of the bonds from several 1776. Chicago, Milwaukee, St. Paul & Pacific RR.—Bids for Certificates to Be Received The on Dec. 17— 744, Union Station Bldg., Chicago 6, 111., Dec. 17 receive bids for the purchase from it of $7,650,000 equipment trust certificates, series RR, to be date! Jan. 1, 1954, and mature in 30 equal semi-annual installments of $225,000 each and to be secured by new railroad equipment costing not will less up at company to than neon Room (CSTVon $10,200,000.—V. 178, p. 1776. AND FINANCIAL CHRONICLE Seibert, STate President. 2-0613); account of the 1 Published Drapers' fluctuations in the rate of exchange, remittance for foreign, subscriptions an since (Reg. U. S. Patent Office) William B. Dana .Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday.j Other offices: 135 S. La Salle St., Chicago 3, 111. Gardens, London,- E. C., England, c/o Edwards & Smith. Copyright 1953 by William B. Dana Company. Reentered as second class matter February 25, 1942, at tho at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American Union, $48.00 per year; in Dominion $51.00 per year. Other Countries, $55.00 per year. Dana On $6,571,483 $22,620,343 $20,466,857 1,819,771 7,580,905 7,022,172 9,091,257 $1,959,456 - $2,266,035 — THE COMMERCIAL post office of Canada, 1,938,904 shares stock $8,874,941 8,108,072 deductions Period End. Oct. 31— Net 1952 2127. (Telephone $7,344,991 deductions outstand'g 1952 $2,401,402 ----- 1953—12 Mos.—1952 $94,712,800 $86,499,914: 72,092,457 66,033,057 income . $2,392,348 income (& Subs.)—Earnings— 1953—3 Rfos.—1952 interested Co.—Earnings Higher— taxes— 1958. 19,201,548 Net and $10,500,420 and 1, 20,710,895 etc., Com. cor¬ wells. 478. $2,013,353 share per NOTE: August 1952. The Derby Avenue, approximately 7,009 square feet of manu¬ approximately 2,500 square feet of office space. preferred on covering share, 850. 9 Months Ended Sept. William In 27, Corp. one-half 1953 __■■ Burroughs Corp. 177, manufacture secured Oct. taxes__ This new $2,197,566 taxes share per —V. —V. the part;, primarily for be to than and Goodwin's Three Earnings Net Int., Net Subs.)-^Earnings— 30— foreign inc. & profit Number capital Earnings June on 16, 19413 loan agreement J. N. later no $28,045,886 $25,773,031 revenues exps. (c) deductions etc. Dividends measurement. The flow rate of Grose 527 is B-A's first well in Manitoba, B-A-Union Grose brought in a month ago. continuing on the fourth well that British American income before Net Net at income Net reported that time. located due operating Oper. (b) Cable-Veyor Inc., July on located Newark, in Co. falling 1566. p. Railway was at 178, $1,500,000 credit and new a Trust notes The 3 Mos. End. Sept. 178, dividends Calray Petroleum Corp., Reno, Nev.—Files With SEC barrels Virden, near Union Central & South West Corp. upon stock A H. month. a Manitoba American-Union Bulova Watch Co., Inc. for directors, paid unpaid Michigan name income Balance before Working Prov. in the revenue Operating in¬ Co., Inc.; G. & Co., Inc.; A. has signed promissory " great as have Union Profit in The and expenses Non-operating actual by as which Drilling is now and or class field. choke, times No. within original well be the largest flowed 527 2 '!c well to well new Grose share per the by accrued 2090, 946. Foundry Co.—Bank Credit Agreement— Fidelity Operau ng com¬ reported that it has just completed, near the largest oil well in the province to date. rate flow B-A's ago Roselea the Canada, Manitoba initial an surpasses 25 Nov. on Manitoba, B-A's under adopted is 1 British American Oil Co. Ltd.—Completes New Well— is The to 2090. Operating Preferred The plus 5,160,000 V containing space 178, Balance It holder cents 18 declared incorporated three-year a an RR. Operating . Virden, when 12 Months Ended Oct. 31— and group the —V. on Edward M. Bradley M. Kidder & Co.; Laird, Bissell & Meeds (Day, Stoddard & Williams Division), T. L. Watson & Co. and White, Weld & Cj.—V. 178, p. 1978. Walker declared. the Octo¬ Trumbull and Westport, all in Connecticut having population in excess of 240,000. UNDERWRITERS—Other clude: of Towns stock common when of of Dalgle-Gaboury, was and has half p. petroleum gas for use during the peak emergency standby. The company serves the preferred dividends.—V. 178, pp. 4V2% by •* to engaged company facturing an for Bridgeport, rate share per office liquified and periods of part of the Towns ox a is —V. operating public utility which distributes and sells natural gas at retail which is purchased at wholesale from the Northeastern Gas Transmision Co. The company also manu¬ oil com. company .with time on or before Sept. 30, 1955. class A stock shall be entitled to the years, name California Water BUSINESS—Company is option of and dividends the and as was 30 conveyor systems Trunk out¬ ber, 1959. factures 3, The $25 par; $2,137,000 general mortgage bonds, series A due March 1, 3Vz% refunding and general mortgage bonds, 1, $3 at changed was principal Mich. approximately $20 stated value; $1,512,500 preferred, of of stock A industrial plants. The products manufactured and sold by Cable-I.lnk consist mostly of power-driven cable-drawn conveyors, conveyor systems and parts. payable $3,630,000 The 100,000 shs. shall be declared, set apart for corporation may redeem the of present Cable-Link and will financing, of term a name troit excess. present consist shares loans $0.53 "After standing 104,000 shs. redemption. poration's refunding and $1,715,000 series the if the these bank of funds of of sale amount corporate completion of capitalization common, par the principal general for from 5,844,954 $0.95 per shares 1951, The $1,400,000 and 1953 net and Outstanding The part, of at any at1 quarterly • BUSINESS—Corporation any stock may be redeemed at prices ranging from $27 per share on or before Dec. 31, 1957 down to $26 after Dec. 31, 1961, including accrued dividends in each case. The preferred stock may be converted into common on a share for share basis, subject to adjustment. PROCEEDS—The in or receive at holders dividends stock. date to converted dividends class of share, 1955 payable any in preferred new 30, common and The Sept. to shares. unsubscribed current 400,000 shs. holders be for cumulative before These rights will expire at 4:30 p.m. (EST) 1953. An underwriting; group headed by Ramsay 5,844,954 $0.74 5,844,954 $0.25 under 120,000 shs. entitled may share annum per share, on the basis of one preferred share for each three common shares held on Smith. equally receive tive preferred stock at $25 per on $1)— 1955, 1, stock A After stockhold¬ common public fabricating TO $1) (par Oct. stock, mon rights to subscribe to 60,500 shares of 5.28% cumula¬ Nov. 27, 1953. (par stock A class ers 5,844,954 share Dec. shall Offered—The company is (cov¬ 1,826,835 Preferred Stock — 6,644,046 outstand'g shares "Earns. - GIVING 1874. Gas Light Co. (Conn.) 9,121,974 approxi¬ issue of Nov. 30 of the our proceeds capital. CAPITALIZATION Before Bridgeport 8,050,000 5,484,150 profit educational, owns Further details follow: net PROCEEDS—The for i income Earnings per com. share made in was 11,804,046 5,150,000 and corporation Inc., a non¬ applications patent $ 124,347,763 17,171,974 2,683,677 and 1978. p. speculation." a Class 0Deficit.—V. rust diesel in engage Foundation and patents $ 10,634,150 4,533,677 New systems, sold and 1953—9 Mos.—1952 $ 52,007,539 134,145,118 1,850,000 Its offering by Gearhart & Otis, Inc., of New York City, of 100,000 shares of class A stock (par $1) at $3 per share 2,902,908 income Fed. taxes Period End. Sept. 30— manufactured and 1953—3 Mos.—1952 marketed under Authorized Net Y. Street, Rousseau water 1566. p. Net 550,000 shs. inhibit to hot 178, taxes like. organized Cable-Link $4,131,615 315,737 130,172 —_ New Y.—V. N. Outstanding- recent developments), relating to electrolytic and other water devices (some of which have been discontinued or super¬ by 178, De-Scalers"—used the research and Mention 602,418 etc for inc. CONSTRUCTION $3,529,197 $17,417 int.. Street, Falls, Niagara 36,470,400 _____________ construction 347,141 $417,010 income sales before FINANCING group of devices—generally license domestic 40 liabilities, Gross Rentals, Church 30 a are exclusive correction 2,816,505 — PRESENT .Authorized and Corp. of America (& Subs.)—Earnings— $ Net Profit 1953—10 Mos.—1952 *34,143 income TO - powder metallurgy processes, three participating companies will manu¬ products which will be marketed by the Borolite will cor¬ ex¬ the Period End. Sept. 30— sales the Its upon J Celancse estab¬ all of 2,000,000 shs. steam and De-Scalers more —V. MONTHS 447,180 (Dri___ oper. ry. ering $3,080,693 $74,849,943 $73,697,566 6,195,852 59,953,282 60,650,220 907,987 6,587,890 6,354,503 6,016,981 632.956 fac. TEN 1953—Month—1952 Taxes Joint FIRST AND at "Butler boilers, foundation seded OCTOBER FOR Period End. Oct. 31— rents payment share.- per EARNINGS Equip, stock. preferred 5'a new of Accumulations question, of the up EFFECT cents) 10 units charitable mately directors GIVING located name an profit The the to thereof draw products. stages headquarters in Central in automotive Dividend— on with promotional assistance (3) will Co. powdered material; to produce Sterling Inc. has, production Firth borides. equipment for certain borolite with and refractory, various borolite initial the facture La. Butler Maine RR.—To Vote & (par are corrosion finance of type and manufacturing and selling under Boston sales advertising; organized for the purpose of acquiring the assets and business of Butler Engineering Co., a sole proprietorship owned and operated by Eagard M. Butler of New Orleans for about 15 years. The corporation is continuing the predecessor company's business of 1978. p. additional and the Corp. The corporation was the Rates working abrasive, fabricate will Carborundum The company. with manufacture and Approximately $100,000 of capital; (2) approximately , dealers Norge to .... Orleans, immedi¬ credit. pendent allocated be (1) manufacturing operations are conducted at 2612 minimum a begin available: are * subsidiary President of Borg-Warner. BWAC financing at will organization new and new perience Com. 30. the the In BUSINESS—Company was incorporated on Dec. 23, 1952 in Louisiana. Its executive offices and the sales offices of Ifct" wholly-owned sales Borg-Warner Corp., inventories pian Nov. of ately, according, to Roy Norge floor on the of for Prov. wholly-owned subsidiary, a Division Norge adequate with was scale funds CAPITALIZATION Acceptance Corp., the of non¬ compositions, processes and techniques relating to borolite will provide research and some pilot plant production patents, materials, $16,070. outlets, etc. B-W retailers certain to aggregating for expenses in connection of and Capital provide offered were Claims approximately $15,000 be used for further development, testing and research poration's products and processes. Borg-Warner Corp.—New Subsidiary Formed— Formation such will funds . to of is presently contemplated that the net proceeds will following purposes, and in the following order to the the for that outlets be to shares 16,070 discharge in lishment the with Hunter Securities Corp., New The net proceeds are to be J. N. notification of stock common Nutley, capital, letter a offered, $40,000 thereof will be' used Boren Oil & Gas Corp., Wichita Falls, Tex.—Files— corporation shares persons PROCEEDS—It ' extent The all know-how Of affiliated des et (N. Y.)—Stock Offered— Miller Securities of London, E. C. 3, England; or or of Credit Suisse, Zurich, or maturing 176, offices at £78,880 York; New Switzerland; holder.—V. next, 1, series A, bonds, the made be Trust Co., & income trust will Jan. on 3 (2195) Butler Engineering Co., Inc. Redemption— redemption Leadenhall 145 Bank or by for Payment & Lausanne, Pays-Bas, called and thereof. Schroeder ..The Commercial and Financial Chronicle . Co.—Partial Ry. have mortgage value Number 5279 and advertisements must be made in New York funds. ' . L i The Commercial and Financial Chronicle ...Monday, December 7, 1953 (2196) 4 Cincinnati Co.—Stock Telephone Bell Suburban & its common stock¬ Offered—The company is offering to right to subscribe on or before Jan. 8, 1954 for 312,812 additional shares of com¬ mon stock at par ($50 per share) on the basis of one new share for each three shares held. The offering is not Nov. 27 the record of holders underwritten. PROCEEDS—The used be will proceeds net are Telegraph details 1,251,249 shs. 2,000.000 shs. $50 per sh.) principal executive offices are lo¬ Cincinnati 2, Ohio, was incorporated in Ohio as the City and Suburban Telegraph Association on July 5, 1873. The company is not controlled directly or indirectly by any person or corporation. American Telephone & Telegraph Co., the largest stockholder, owns 29.79% of the capital stock. The business of the company is that of furnishing communication services, mainly telephone service, in Hamilton, Butler, Warren and Clermont Counties in the State of Ohio, and, tnrough Citizens Tele¬ BUSINESS—The cated Co., phone (40 scribers served not Street, subsidiary, a Counties Gallatin in other any Campbell, Kenton, serves Nine company, service.—V. in 178, Net Increased Financial Corp.—Dividend Payment directors Nov. on voted 25 Increase to the on stock common $2 to a The year. rate new history. After the "Our earnings Deferred meeting "In dividend board, unearned there and premiums continue excellent. Is outlook increase, to of payments distributed $58,411,000 increasing stockholders to in dividends retained was the capacity of earnings."—V. 178, to in in and Columbia for Balance —V. of the gas-hungry the half-way the as balance surplus, earned thereby expand its volume territory last Inc.—Construction pipeline gas served week, which laid was S. Young, at various Kentucky-West this by System bring gas mile 500th The this to Progresses Southwest to pushed well beyond the from announced. is it will cubic Charleston, <#• the of an from southern area To have of Va., 178, —— __________ dividends common $481,723 $585,112 surplus— and 665. p. Securities and for and filed 2 of of the natural sell 178,, p. 31, up Gas Fuel the of dcduc. after income Profit selling for SEC Columbia, 1954, $1,450,000 order an at par, pooled 375 to of Co. supply principal Allegheny & but time amount Gas Cumberland authorizing from time to they want M. at have do." to also He of be with offered the at He par started C. Issue— stockholders informational" 1 the on shareholders meeting "rights Nov. on their them ample their years 200 make up "to give that two basis debentures. about minds time to the 30 that what they decide. subscribe to in will have a ■ be St. at after of told used for Ciair, foundation construction. Mich., on company's new half completed. It also is about large, a The generating new plant River at Mich. Rouge, P. S. Debenture to $100 this would them would the S. working capital. convertible Feb. next said generating station has be for each value." proceeds Columbia, of $43,358,000 111 January, the directors announced. < rights to acquire $100 of debentures Chairman, to reminded market Inc., capital stock held. "special a up in receive would Brown, area will will of stock will company file the issue with soon the SEC and Commission.- . CONSOLIDATED STATEMENT . V., . OF the Michigan : EARNINGS 12 Months Ended Oct. 31— 1953 1952 $ from utility and revenues taxes— Utility expenses utility from operations-- $ 190.701,397 169,876,868 161.778.187 145,594,890 28,923,210 — operations I 24,281,978 : 798,748 631,083 29,721,958 8.447,131 24,913,061 21,274,826 16,180,445 15,497.044 13,232,341 5,777,782 income Interest, admin, & income —_ deductions etc. income Net Cash dividends Retained 223,967 1952 $263,047 217,908 $1,717,635 $480,955 685,000 132,000 1953 $1,493,668 — — in paid 2,928,10% income 8,752,616 for working capital of capital stock— outstanding at end of period, share per on 178, shs. outstdg. during the period avge. $1.61 $1.70=- $2.00 $2.05 respectively-— 10,009,608 and 10,643,198 Based —V. declared or business the construction and expenses __— Based on shares Co., Inc.—Earnings Up— (net) before Fed. Fed, for & State of prov. for toration taxes loss State & 19fa4. p. before res¬ & purch. commit. on lestimated) taxes Balance L—' Restoration of provision for loss $1,032,635 $348,955 $1,032,635 — $448,955 purchase on 100,000 commitments share per from $244,578—V. 1952, Manufacturing Bates 178, 947,161 $0.47 1,083,161 $0.95 .____. — dividends 'Includes and year outstanding income Net the for income 1953, Co.; $335,278 1159. p. Refining Christi Co. Offering Com¬ Stock — share has per completed, all of said shares p. 384).—V. 178, p. 1272. been having been sold (see V. 178, The covering share to for each be 10 construction for used filed 23 letter a notification of program.—V. 178, not later Cumberland's of Zivian Mr. stock of The Provision Federal for income $1,403,205 $855,037 573,000 746,000 on dividends every said. Zivian value approximately is stock dividend the of in year unbroken an beginning record in rate eight paid 1925, Mr. stock in lieu of cash was prompted. Mr. Zivian added, by the substantial amounts of. cash required during the coming months for the payment of Federal taxes on 1953 income and for current principle payments on the first mortgage notes to the Reconstruction Finance Corporation, now outstanding in the amount of $39,970,000. —V. 178, p. 1875. in Payment Dixie shares stock, of¬ preferred series A convertible 5% 152,465 Subscriptions—Of the Co.—Stock Cup of through purchased 545,000 taxes market cents a share. This is the same as the quarterly which the corporation has paid in cash for the past the basis of the present shares. The corporation has 25 share been of exercise the subscription unsubscribed shares have The balance of 3,457 warrants. $1,061,475 taxes, dividends current to but during the interim. A 2% stock dividend the common stock on Dec. 30 to holders of record Dec. 14. is payable on equal opinion with respect to the possibility of indicated that the directors favored a no dividends, cash policy been 1951 1952 1953 Sept. 30— income before expressed resuming fered by this company at par ($50 per share) to holders of its outstanding common stock, 149.008 shares have 479. p. 1, 1951, expended more the SEC with shares of common stock (no par) to be offered at $130 holders of minority stock on the basis of one new share shares held, without underwriting. The proceeds are to 672 per Light Co.—Files With SEC— Nov. on company Completed— Soon than $56,000,000 on its expansion program, now about 95% completed, with no equity financing and with a net increase in outstanding debt of less than $25,000,000. years, Corpus Corp.—Expansion Zivian, President, on Dec. 3 pointed out that since Jan. corporation has per pleted—The recent public offering by Vickers Brothers, of New York City, of 820,000 shares of common stock at Steel Detroit M. J. this placed by Glore, Forgan & Co. and Hornblower & on behalf of the underwriting group. Weeks Net profit Number —V. $657,205 624,911 share— per 178, $488,475 624,911 $310,037 624,911 $0.78 ' —— $1.05 $0.49 shares——, capital Earnings ___u , 852. p. sales to shares share shares Light & of held, and then of the Nov. of of record of the offering of 25 (par 232,520 at $24 $13.50) share for each new one 30 Nov. stock common the basis of on Co.—Stock Offering—Men¬ issue our stockholders common additional per in made was for seven Net and its subsidiaries. The subscrip¬ on Dec. 15. The offering has been group of investment bankers headed a by W. C. Langley & Co. and Union Securities Corp. details 3,584,432 862,000 2,678,725 338,400 $2,272,697 762,322 $2.98 $1,890,827 762,322 $2.48 —; profit— —V. 4,907,952 .—_——- share— per 178, — shares—-: capital 1985. p. the employees, including offi¬ to expire by tax $28,307,940- 6,719,129 : __ Fed., State & Canadian inc. taxes Number 1952 1953 $34,882,281 taxes income profits Earnings company underwritten ther Excess EARNINGS OF Sept. 30— ——— before Prov. Power Delaware STATEMENT CONSOLIDATED Nine Months Ended Net Profit tion offer will Cumberland Detroit 1875. Fiscal Year Ended Aug. 31— 'Other cers, subsidiary, its the to to United part a deliver Unit— of and applied will the to will become esti¬ Work began in May. System. Notes and daily gas it pipeline, $129,000,000 line shares for offering an debentures shares 23 debentures Prentiss Net Profit, notification to Co., a 30-year construction.-—V. new Crawford Co—Plans plans Gross corporate Exchange Commission— Dec. on $35,000,000 Consolidated Textile construction is proceeding "on the Louisiana Gulf Coast and the Interstate each of four Income corporation covering H. S. C.—Files— of stock Co. of New York, Inc.—Registers Edison registration statement with the first and refunding mortgage bonds, series J, due Jan. 1, 1984, It is expected that the company will receive bids on Jan. 12, next, for the purchase from it of these bonds. The net proceeds are to be used to pay off $21,000,000 of bank loans SEC tion owners Gulf where Gas March than Co., the corporation issue to Gas feet W. Buy said border. completed by next November. Columbia This Co., be completed million President,, points between Virginia Interstate it will $486,426 4,703 dividends.— and Louisiana. When $1,068,432 582,006 $585,112 ...— Daystrom, Inc.—Earnings— natural for Edison convertible stockholders Other our The holders. to business corporation the System, new a point 860-mile line Gulf .—$1,064,813 479,701 _: charges Consolidated 567. p. Gas Construction mate —_ dividends 6 Months Ended George 1952 $2,921,767 1,853,335 1953 $2,937,227 1,872,414 30— common be used to are company The re¬ in earned stock common Detroit Gross Profit schedule" Co.—Earnings Increased— taxes Dallas Power & both have surplus. In the five-year period ended Sept. 30, 1953, earnings applicable to the common stock aggregated $135,486,000. Of this amount $77,0750,000 was Sept. income before Balance $1.50 follows: as the business we are handling. been marked increases volume of years commented he satisfactory most and record recent the of are income flecting the Ended other and Preferred dividend annual the proceeds 15-year The Commission— Power River operating Interest Prov. will .be ef¬ fective with the quarterly dividend of 50 cents per share declared today payable Jan. 1, 1954 to stockholders of record on Dec. 10. The previous dividend payment was 45 cents quarterly or $1.80 a year. Arthur O. Dietz, President, said the new 50-cent quarterly payment established the highest regular dividend rate in the corporation's rate Chicago, 111.—Files With Corp., Exchange 1875. p. net 1 The Shares C. I. T. 1984. p. 3,500 Months Net The Discount and Operating expenses and a 416,758 telephones in service, and The Harrison Telephone Co., a wholly-owned subsidiary, operating in parts of Hamilton and Butler Counties in Ohio, and Deaborn and Franklin Counties in Indiana, had 1,892 telephones 178, V. see 1953 the company and Citizens Telephone Co. had On Aug. 31, The letter a of Pendleton and Grant, also company offering stock and Operating revenue few sub¬ 1953) in Franklin County, Ind., in territory The Kentucky. in of Aug. 31, as by whose company East Fourth 225 at 1,255,000 Co._ capitalization Connecticut The Outstanding Authorized Common shares (par value of filed 25 ($5 definite FINANCING PRESENT TO Sweney Cartwright & company With EFFECT GIVING Co. 200,000 Wood, SU'uthers & Co.— 1,255,000 Rothschild Nov. on covering 23,765 shares per share) through G. 1,255,000 Riter & Co L. on Nov. 23 filed a letter of notification with the SEC shares of $3.50 prior preferred stock to be offered at par ($50 per share) through Julien Collins & Co. and Cruttenden & Co., both of Chicago, and The First Trust Co. of Lincoln, Neb. The net proceeds are to be used for working capital.—V. 172, p. 1434. Co. CAPITALIZATION & Co._ 1.255,000 F. Discount Corp., Darlington, corporation This that presently outstanding in amount of $16,250,000. construction expenditures during recent years have been requiring substantial amounts of new money. Since Dec. 31, 1947 the company's total capital, including temporary borrowings from banks, has increased about 71%. Since that date the company has sold $11,693,350 par value of capital stock through an offering to shareholders in 1950 for subscription at par and increased its temporary borrowings by approximately $16,000,000. It is expected that it will be necessary for the company to raise additional amounts of new money in connection with its construction activities. Practically all of the equipment, apparatus and materials used in constructing plant other than buildings of the company is purchased from Western Electric Co., Inc., a subsidiary of American Telephone & & — $500,000 500,000 Co._ & 1,255,000 Boston Noyes McDonald Dealers The SEC 1,255,000 Inc.— Corp... Co., Hemphill, The company's The & First covering such proceeds are sufficient therefor. Such bor¬ rowings, which were made for extensions, additions and improvements to telephone plant of the company and for other general corporate purposes, Blyth „„ Commercial pany's treasury for expenditures made for extensions, additions and improvements to its telephone plant. Its treasury having been so reimbursed, the company will repay its borrowings from various banks extent Co._ Securities reimburse the com¬ to & Co. Inc.. $1,270,000 Read Ohio The severally amounts have below named The presently outstanding .-hares, has informed the company that it intends subscribe for ihe 93,189 shares which represent its production of the offering. The company does not intend to sell shares not sub¬ scribed for through the exercise of subscription rights. the Dillon, The purchasers to purchase from the company the respective principal bonds set forth opposite their names: new 29.79% of the Telegraph Co., which owns to to of For American Telephone & The UNDERWRITERS—The agreed Fur¬ follow: Dow available are Chase New convertible 3% for York, N. delivery Bank National Ready— Co.—Definitive Bonds Chemical Definitive in of p. City of due July 1, 1982, bonds at the E'xchange Place, temporary for exchange the 178, Y.—-V. debentures subordinate York, New 43 2091. installment promissory notes; and the Commission has issued an order interested persons until Dec. 14, 1953, to request a hearing giving Cumberland thereon. 1953 will the use construction program.—V. proceeds of the note 178, p. CAPITALIZATION to complete its & series collateral due Oct. Carbon Co.—Operating Group Plans Con¬ series due 27/s % series due July 2%% series due Sept. Preferred 4% stock, Southern Ohio Electric Co. — Bonds Of¬ fered—Public offering of a new issue of $10,000,000 first mortgage 3%% bonds due Nov. 1, 1983, was made on Dec. 3 by Read & an investment banking group headed by Dillon, Co. Inc. priced were at and 102.31% 3.50% to maturity. sale Dec. on 1 The Ohio and The issue on a bid of Company. accrued was The interest awarded at to bonds yield competitive Co & were received for the bonds, all for 3%s, viz: Salomon 101.611; Union Securities Corp. and Glore Forgan & 101.60; Halsey, Stuart & Co. Inc., 101.19299; White, Weld Hutzler, (jointly) '(jointly'),& 100.209! Corp The bonds new i?>cnanic^ 1958. 1 are L°el>' Rh0"deS & C°' "nd m H1SSiI1Mn redeemable re^r®me.n^s under a sinking which fund $100-000 principal amount starting calls Nov. 1, Sinking fund redemption prices range from 102.08% to the principal amount. At the option of the company the bonds are ree other, than for the sinking fund at prices scaling from 105.81% to principal PROCEEDS the from managed * i u bank of *, The Dec. The recent by c°mpany /?r, loans which construction 31, 1955, is BUSINESS—The around an the of proceeds from the a new issue of Read and The Ohio sale 200,000 of Company, are bonds and shares, the common also being used construction program including the payment were incurred for program estimated company to for the cost period about supplies additions from improvements. Sept. 1, 1953 to stock Common 'Unlimited service to The York New amended, southern in Ohio 40,000 shs. by Trust securing 50,000 shs. 50,000 shs. 3,000,000 shs. the terms the of trustee, Co., bonds of the mortgage dated as and 1,860,160 shs. deed Oct. of of 1, to trust 1943, as company. purchasers the from W. C. a Securities Laurence Salomon Courts Bros. below, named whom of W. C. Legg & Chas. W. & Lester, & Reid & & Ryons Pacific Reinholdt 2.00 3.00 Sutro & 3.00 Co._ 2.00 Ames, Emerich Corp.— Co ._ Shepard & & also P 2.75 Co., 2.00 Co V. 178, p. 2091, folk Corp. of Inc. Inc. & Inc. Sweney plants," continued Mr. Voorheesville, Nov. on "Duffy-Mott Home Corp. Products 1953. 1, Our Meinhold, and plant at dollar owned is unit and largely sales in and topped management. active its in those by 1953 previous year in our history. Sales were more than triple the volume of 1944, having gained for 21 successive years. Through acquisition of Clapp's we expect to further increase our sales. We do not, however, con¬ 112-year template additional any acquisitions — at least & 1-50> Harris, — Bodine Clapp's into Mott's operations."—V. integrated until not Net Ended 'Based of we have Sales 1.00 Cartwright & Co._ 1.00 1952 $19,325 $275,000 $0.28 $0.02 shares outstanding.. ended Sept. 30, 1953 there was also a special credit profit on disposal of buildings and building equip¬ Pennsylvania plants. , the Sept. 30, 1953 yeqr totaled $23,500,000. i the net B. the Frieze, President, told stockholders "During the year we large expense involved in moving more looms and throw¬ equipment strike 976,023 — year for absorbed ing —: three Lyman 1.50 the on the 1171. 1953 30— taxes share per $85,000, in Sept. after earnings 'Earnings 173, p. Corp.—Earnings Show Gain— Duplan Year For Lestrange & Co.- 1.00 DeHaven & Townsend, i & American district. ing Our ment Arthurs, Crouter of entirely from the company's current outside financing. For several years to add a line such as Clapp's, which fits and buying organizations," explained Mr. made planning Ravenna, opened Nor¬ Christen- ------ Fairman line require production 1.50 1.50 Writer division a was not has juice, original "are located at Hamlin* Williamson, N. Y. The latter Aspers, Pa., bought in 1950, contains quick-freezing equipment. The San Jose, Calif., prune juice plant is located in the heart of the famed Santa Clara prune grow¬ "Our 2.00 Co., & _■ sen, Sills, ; Co.— Investment Peters, 2.75 Co Co. been Mott's Holley, 2.00 Stix & will that this company purchased for cash, of baby foods, from announced 4 prune the Meinhold. 2.00 Co Gardner & Stifel, Nicolaus & Co.,\ Inc. Anderson- 2.75 & Northwest 3.00 2.75 Barth 2.00 have we into Metropolitan St. Louis Co._ 2.00 Mullaney, Wells & Co 2.00 Co Foods, purchase and resources, Dec. on and Clapp's, 1953, 2.00 3.00 & to 2.00% 4.00 2.75 & Co Cleveland Corp 2.75 Ellis Corp.— Co Co & & 4.00 Inc. See Miller Inc.. Co Michigan Fulton, Green, J. Collins Mead, Richards of Clarke W. Julien obligated be 1 Co., Scranton First First Richard 4.50 4.50 Co. Co Brothers Field, set unsubscribd the of purchaser shall forth below. 7.50 & Co C. percentages no 3.00 & Milwaukee The share) Hutzler & that 7.50% Co.___ & Hirsch John respective so Corp Marks M. Dickson S. The (adjusted fraction of a Langley & Co Union R. the company stock 1, Home "Clapp's 50,000 shs. UNDERWRITERS—The and with American Langley & Co. and Union Securities Corp., the representatives, are the managing underwriters, have made a firm commitment to purchase Prescott, area, 10,000,000 products apple of Dec. 12,000,000 $100»300,000 shs. $13.50> (par President, Meinhold, effective stock except E. processors 10,000,000 1980— (par Merrill, Turben & Co $50,000,000." electric City of Columbus and an area in estimated population of 850,000. aggregate and H. ? $15,000,000 stock Stern amount. net sale Dillon, 1, Duffy-Mott Co., Inc.—Buys Clapp's Baby Foods— Outstanding Unlimited preferred stock preferred stock.— purchase Five other bids _ Bros. bonds 1979 1, preferred common 101.6199. FINANCING 1977 1, 3.70%; 4.56% Columbus & Dec. cumul. preferred trust 4.28% i . PRESENT 1973 1, 3V8% Columbian TO Authorized mtge. 3% tinued Oil Exploration in Canada.—See Tide Water As¬ sociated Oil Co. below.—V. 178, p. 1984. EFFECT ' i . ♦First 1666. GIVING in ^he to southern Pennsylvania locations plants. and The the cost of a synthetic textile two months? industry ie suffering from over-production which has caused us to curtail our weaving activity to some extent. Our throwing plants are operat¬ ing on a satisfactory basis at near capacity."—V. 178, p. 665. still Number 5279 Volume 178 The Commercial and Financial Chronicle ... BUolNEbo—The Elgin National Watch Co.—Bonus to Employees— A eligible It their of this company employees was This just All wages and salaries. the before the plants shut has been started, instalment of bonus in since the Vice-President and participating this year. dividends wage its subsidiary, Georgia Power & Light Florida and for revenues $30,915,000 Georgia over and the income months 12 before debt ended interest and deduc¬ GIVING EFFECT TO bonds mortgage —V. PRESENT 4,324 employees are Erie Mining Elton has President, on Dec. 3 announced that this company plans for financing the initial development of its pro¬ construction of facilities in Minnesota for ultimately completed the for gram producing This pellets taconite the was first the at official 7,500,000 of rate that statement tons Erie bonds, Bethlehem due Steel arranged 1983, to sale $207,000,000 nine of group a The Corp. sell to bonds of first of mortgage insurance companies and the insurance companies to was arranged through Kuhn, Loeb & Co. Substantial equity capital has been subscribed by Erie's four stockholders—Bethlehem Steel Corp. (45%), Youngstown Sheet & Tube Co. (35%), and Interlake Iron Corp. and The Steel Co. of Canada, Ltd. (10% each). aiso Erie Mining Pickands Co. Mather managed and operated for the stockholders of which Mr. Hoyt is senior partner. is & certificate 10,500,000 of necessity annual tons by Co.. Last year the Defense Production Administration awarded due 1978 series due 1981. due 1982 series due 1983 to covering the production, project the of cost on basis a entire the of The immediate trating plant includes the their and Minn., development calls for to be built, located the ever construction families, of housing to up project then 73-mile a railroad from the plant the north shore of Lake Superior, and large electric power generating station at Two Erie has under the production Mining for maximum its requirements of control of and 4.757c tions properties ample the plant for the on Mesabi than more to 50 $132,055 $118,469 $1,271,726 $1,087,941 65,493 81,690 828,141 733,978 1,250,000 40,000 shs. forth 80,000 shs. $7.50) bonds be may the in 2,500,000 shs. issued only 2,325,568 shs. accordance restric¬ with mortgage. respective purchasers principal have severally amounts of to agreed series 1983 Dec. on completed 1 acquisition Bluefield the of pur¬ bonds It is anticipated Langlade Telephone that the will Co. integrated be with General Telephone Co. of Wisconsin. The Bluefield Telephone Co. as a separate organization although the name of the company will probably be changed ultimately to reflect the association of this newly acquired company with General Telephone System. will be operated .The Bluefield Telephone Co. will add approximately 25.500 telephones to General Telephone System, an additional 3,600, giving and the Langlade Telephone Co. will add General 1,671,000 telephones in service as Telephone of Dec. System p. of total a 1953.—V. 178, 1, 1986. set below: Kidder, Peabody Merrill Lynch, Fenner Bear, & Sterns F. & S. L. & Co..$1,240,000 Pierce, Beane F. 1,240,000 Co..— Dean 1,240,000 178, Co.. 500,000 Laurence Period End. Oct. 31— Marks M. 500,000 10 Mos.—1952 1953 & Co. Railway oper. revenue- $291,667 $322,100 $3,336,061 Railway Co.— & expenses. 260,484 267,726 2,747,402 $3,156,206 2,577,128 oper. $31,183 $54,374 $588,659 $579,078 *9,945 6,736 107,947 130,056 oper. 300,000 500,000 Stroud Corp 500,000 A. & M Inc.— 200,000 Net 300,000 Co.____ Co., Kidder & Net 1876. p. 1953—Month—1952 500,000 Witter Co & Higginson & Georgia & Florida RR.—Earnings— $500,000 Co & §hields & Co 1,240,000 Hallgarten Moseley Rothschild 1,240,000 While, Weld & Co.__ Lee in Corp.—Acquisitions Completed— Telephone corporation President. 40,000 shs. __ (par 1371. Telephone Co. located at Bluefield, W. Va., and the Langlade Telephone Co. at Antigo, Wis., according to an announcement by Donald C. Power, 250,000 shs. series stock the fr. rev. ry. ry. income oper. •Deficit.—V. Florida Towers Corp., Clermont, Fla.—Files With SEC The SEC corporation covering shares Islands. material raw income charges p. General 33.862 shs. UNDERWRITERS—The also harbor, docks, and a $3,235,000 - $100) . contained chase Islands, Two to operating after 178, 1778. p. concen¬ ore Minn., 44.9,047 This l7/8% series— Common 735,000 563,111 Net 10,000,000 series facilities for the plant's employees on sufficient initial Aurora, (par 4.607c —V. largest near * series 4.907c 805,506 8,500,000 : stock 5,492,982 78,000 4,000,000 (1946-1956> 2'/8% pfd. 6,528,853 50,000 50,956 15,000,000 loans $7,764,970 915,500 taxes 72,889 14,000,000 series bank $9,169,156 taxes.. —V. 178, $16,500,000 Goldman, Sachs & Co. Erie Mining toeing estimated at approximately $298,000,000. a series •Additional has company 4V<% a 1974 $300,000,000. The \ due 47® definitely going ahead with its large-scale taconite program. Work has already begun and may lead eventually. to a total annual taconite pellet production oi up to 10,500,000 tons involving the investment of more than series Cum. is Mining 1974.. Serial year. a due 3%% Hoyt 2nd, series 27/a% Co.—Arranges Large-Scale Financing— 1953—9 Mos—1952 $896,589 649,164 operating Net 3%% 2091. p. income Federal Outstanding Unlimited 3%% 178, of 1953—Month—1952 $1,170,444 Operating revenues Operating expenses FINANCING 3lA% total A Telephone Co. of The Southwest—Earnings— Period End. Sept. 30— Other Authorized •First 30, Sept. 33/a % Treasurer. General integrated an $6,521,000. was CAPITALIZATION Biggins, M. totaled tions instalment was paid last June, for a two-week vacation period. John and company electric service in EARNINGS—Operating 1953, $490,977 a supply system. consecutive 1936. in Co., first distributed to 36th started was second down according the and year plan The $5,675,367 was divided on Dec. 3 among at Elgin, 111., and at Lincoln, Neb. was this; profit-sharing the represents told, plan bonus such dividend 1952 on second since payment dividend" "year-end $241,371 5 (2197) Range the protect of each of ceeds of class stock used be to filed 23 shares stock common are Nov. on 50,000 (par at to letter a preferred of $1) to notification of stock (par offered be in $4) units share one per unit, without underwriting. for new construction. $5 pay 50,000 and of Graham-Paige Corp. the with The pro¬ 9 Months Ended Consolidated Federal profit *$414,278 272,000 Cr250,000 $2,941 taxes income 1952 1953 $274,941 taxes income before income Net Subs.)—Reports Profit— (& Sept. 30— $164,278 — —— . years. •Loss. Erie employed Engineering Department of Anaconda Copper Mining Co. to do the engineering, prepare plans and specifications, and be responsible lor construction of the new concentrating plant. It will be nas five located from the The hauled the and from pit be into north miles initial will ore directly the which the to of east the Aurora plant by mine a 175, about taconite crude crushers.—V. primary and will railroad miles two mined. be unloaded and 810. p. (Robert) Gair 9 Months Ended Net Profit (& Co., Inc. Subs.)—Earnings— Sept. 30— sales Provision income for Minority 1952 $88,649,319 $78,836,958 12,904,788 —_ taxes— : on V. Sept. on 8,793,435 31, Dec. 1952 1953 30, $7,244,585, as on Sept. 30, was $7,553,010 and against 1952.— 757. 13,727,286 7,719,950 taxes income equity $7,648,511 1953 • before Stockholders' —_ interest 563,169 $4,376,197 2,179,888 2,179,888 p. Southwest Fire Great 557,654 $4,621,669 178, Co., Phoenix, Ariz.— Insurance Registers With Securities and Exchange Commission— Net Ero Manufacturing Co. profit Preferred (& Subs.)—Earnings— dividends Common Years Ended Aug. 31— Net sales Profit income taxes__ Federal for and income taxes 491,000 $369,521 shares 262.500 350,000 Earnings per 350,000 —V. p. 177, share common $1.06 $1.31 The offer an have directors sell to Motor Co,, the ail company's recommendation manufacturing stockholders to facilities on Dec. Henney to 1, A. Maran, of The properties burners, vacuum and Burritt, for Inc.. of Frecport, 111., it was announced Eureka Williams, said today. Chairman units approved involved cleaners, defense facilities production of i.s Detail.'; of month. mailed purchaser than and be the "approximately all' of represent submitted offer will and income that will stockholders to the Russell Feldman be furnished in at meeting a notices proxy motor this be to President is and under the new owners. principal stockholder of which Co. supply frequency Fajardo Sugar Co. The plant and Profit before Provision Net produced-.- refractories, 1,620,434 579,317 $221,170 $1,041,117 outstanding— shares Earnings per .—359,890 359,890 share— —$0.61 $2.89 —V. p. 172, common 1829. per com. Earnings The taxes share $0.49 states company present time.—V. 178, that p. General Motors there will April chemical $ Income Federal Net Fed. before be no 8,650,373 29,914,080 31,820,927 4,432,240 4,699,143 16,972,848 Passenger Trucks 47,924 141,845 137,319 35,371 55,195 147,306 54,138 179,449 106,143 109,584 430.658 166,832 income to 38,027 166,979 39,998 37,122 64,716 •Earns, stock.L 3,247,657 3,841,646 12,510,574 14,582,761 share $0.90 com. per •Calculated the the which periods, 1952 on 103,077 3,612,704 were for the and $1.06 number 13 weeks 3,631,265 of $3.46 shares September 212,333 31,825 198,476 ended Oct. 31, respectively.—V. and 1953 178, October Nov. 227,5° 3 20.056 108.301 _ 24,780 220.184 Corp.—Bonds Offered—A Motorama corporation its spectacular of and cities other to Open 100.769, and 102.1599 for same Lehman 334S. with 3%s as Brothers, came 100.40. the bonds 1954 to will 100 on Boston & Co. net borrowings and spent in new proceeds from the bid 100 sale will be Dec. on scheduled to announced 3 show, industrial its see the plans GM giant to in for 1, the reduce purposes. Of an estimated $26,1953, approximately $7,600,000 remained to this Principal item in the 140.000 kilowatts in new year. program is the installation of erating capacity, of which 110,000 kws. will be 1953. in operation 565,000 750,500 $678,946 $1,127,405 825,000 825,000 share. $0.96 $0.46 com. 675,000 $0.82 $1.67 Subs.)—Earnings— 1953—3 Mos—1952 $6,512,402 1953—9 Mos.—1952 $5,975,195 $21,363,497 $21,991,223 before earns, 510,922 137,664 1,692,668 273,800 Cr44,100 907,300 906,000 $237,122 $181,764 $785,368 $769,311 income on 825,000> 241. p. state and 1,675,311 taxes Divs. — received (less Fed. Net for edition four year's cars with display of next Curtice, President, Waldorf-Astoria the said Hotel site in Motorama York New It will in appear Dinner Key Pan-Pacific Auditorium, Auditorium, San Exposition Los Angeles, Francisco, Calif., Miami, Hall, Calif., March at its 21-26. will open City Jan. March 27-April Fla., Feb. 6-14 4.—V. 178, and 1986. p. or 168,671 $937,982 — dividends •Based Sept. $0.34 — the to the capital $11,188,050 assets at 1 shares 774,040 $1.03- $1.10 $0.27 of stock common outstanding at 1953. NOTES—Working current 102,698 547,934 after on 30, 102,745 657,934 share of pfd. per stock 34,233 232,212 paid declared ♦Earnings to 34,280 193,510 declared Common to the at last September was $10,623,383 time in 1952; and the ratio of end same liabilities current time same the at of was to 6.55 1 compared to 3.60 year. National Bank of Chicago has been renewed for three years. Under this agreement the company has the right to borrow, repay and reborrow at annual Interest of 3 'A %, any amount up to $2,500,000 until Oct. 15, 1956. with any balance then owing being payable in eight annual instalments. The —V. General Precision Equipment Corp.—Stock 168,670 $954,0^8 Preferred dividends paid 1954 a 57,846 $239,610 $2^4,967 earnings dividends Motorama, 57.845 thereon) taxes compared H. 4,054 shares which par) of $2.90 unsubscribed were the underwriters cumulative $53.50 at per convertible the by share. Bank Credit Agreement with The First revolving 178, 758. p. Sold— preferred stockholders See V. 178, p. were stock Hewitt-Robins placed 2092, Period End. Sept. 30— Operating Co. of Indiana, Inc.—Earnings— 1953—Month—1952 $759,185 revenues $619,862 1953—9 Mos.—1952 $6,575,790 $5,453,125 Operating expenses 476,583 488,992 4,333,574 4,093,632 Federal 101,000 24,000 730.000 taxes.. Other operating taxes- 57,472 40,698 497,828 Shares income $124,130 $66,172 $1,014,388 Earnings —V. p. 90,934 34,954 713,569 370,603 178, Heyden —V. after 178, charges p. ; 1371. share per $642,946 Net 781,939 354,239 287,051 $1.23 taxes__ taxes outstanding 371,547 operating before John General Period Telephone End. Sept. 30— 1953—Month—1952 Operating expenses 449,327 Federal of 1953—9 Mos.—1952 $534,309 $685,673 '! $5,877,211 $4,545,093 449,668 3,866,178 3,471,335 taxes— 80,500 5,000 642,500 254,500 Other operating taxes.. 47,396 42,444 421,193 313,776 Net operating income $108,450 $37,197 $947,340 $505,482 70,320 20,949 645,297 301,019 income con¬ gen¬ by the end Net —V. after 178, charges p. 1569. , 1,992,454 1,407,777 865.354 668.371 287,051 286.051 $3.01 $2.34 Corp.—Sale Completed— Chemical Chairman, President, said paid The of the book value of assets sold. Cyanamid most of the i"ye"t<?n<rs and Simon Askin, joint statement to stockholders that American Cyanamid Co. $12,000,000 for the antibiotic division of Heyden Chemical Corp. in a is about $6,000,000 Heyden also has sold Co. of Ohio—Earnings— 309,260 202,060 286,051 $0.71 ' 1371. Remensynder, T. 1953—9 Mos.—1952 $8,460,797 $28,629,816 $27,583,166 $9,752,128 sales Earnings Higher- Earnings 1953—3 Mos.—1952 Net earnings after 345,000 income Inc.—Quarterly Period End. Sept. 20— Net General Telephone Operating revenues used 415,000 $378,460 in excess 105.94 after Nov. to 880,000 Balance price and for construction additions the final quarter of 455,018 Net Corp.. Inc., from range special redemption prices ranging from 101.94 The sinking fund commences in 1957. struction of First Halsey, Stuart new 31, from 1950 $7.94,855 income on 1951 Can. —— taxes attractions. Harlow The periods. 272,000 for be bonds 12 months ending Oct. PROCEEDS—The bank the ledemption prices for Regular during the 1982 for 1952 1, $10,000,000 3%% first mortgage bonds, due Nov. 1, 1983, was publicly offered on Dec. 2 by an underwriting group headed by Kidder, Peabody & Co. and Merrill Lynch, Pierce,, Fenner & Beane. Awarded at competitive sale on Nov. 30; the bonds are priced at 101.935 and accrued interest, to yield 3.52% to maturity. offers 178, Federal January 21— on issue of new & • outstanding per Operating 46,698 45,494 1,801,450 . GM (no Other 52,862 159,147 116,120 Total by Power Florida Fed. •• $42,001,023 $35,382,718 $28,188,220 793,460.. 1,243,946 1,877,905 1,674,855 Hammermill Paper Co. (& or during 948. p. 1953 taxes Period End. Sept. 30— 48,629 $4.13 outstanding * 21,096 Civic average —V. 6,261 33,716 447,613 applicable common re¬ •' taxes shrs. Earns, 40,330 6-14, Net Completed—The 41,880 42,121 15,030,374 ___ In¬ Reserve (& Subs.)—Earnings— profit—-I Com. 39,255 274,964 traditional 12,941,232 of employees National and • $43,744,074 for Net 37,144 48,566 ' ■ 31— inc. Sales Trucks Cars 245,992 16,790,553 3,951,230 and officers, Co. See details in V. 178, p. 1877. before income 1052—— 291,440 The 3,353.800 dividends the 279,792 major taxes.. at financing new August $ 433,948,635 directors, Insurance Corp.—Offering sales com. 7,786.040 income Preferred $ 110,012,539 469,187,454 Gas Years End. Aug. Prov. July Nov. 1,'52 in¬ — income S 113,660,883 taxes come Oct. 31,'53 Cities Hallicrafters Co. -—52 Weeks Ended Nov. 1,'52 future Fire v'" 1953—9 Mos.—1952 278,505 June Southwest been sold. 2678. p. 262,263 __ SEC on Nov. public offering by Eisele & King, Libaire, Stout & Co., New York, of 59,950 shares of class A stock at $5 per share has been completed, all of said shares having stoneware, 177, 222,671 _ the with Co. Gulf zircon 206.809 _ statement cent Corp.—Output in U. S. Factories— _ May (& Subs.)—Earns. 13 Weeks Ended—- Oct. 31,'53 sales titanates, 385. — and present Great in $5,160,442 $22,170,668 $13,000,092 172,556 569,270 302,621 $0.33 $1.10 $0.75 253,671 November Federated Department Stores, Inc. retail high located are cores.—V. December Net at and Earnings Increase— $9,171,069 after March 83,610 profit Common of steatite, 1953—3 Mos.—1952 sales income Net Sept. 30— February 1952 304,780 taxes income producer 1953 $14,432,550 $17,784,630 — taxes income for plant offices general magnetic General Gas Corp.—Sales January 1953 the to registration a covering 750,000 shares of its $1 par capital stock, to be policy holders in National Reserve Insurance Co. (Phoenix) •" produces company ferramics, light duty graphite and ferramic Period End. other (& Subs.)—Earnings— Years Ended July 31— molasses for their In American ' Cars and agreement an knowledge technical Passenger Sugar Agreement— of insulators South a Ceramics J. to Profit Hen¬ manufactures ambulances, hearses and vehicles intended for specialized use.—V. 172, p. 2126. Motor establishment to A., high is and both filed company 1953 offered Net com¬ all liabilities of the corporation other profits taxes, it was said. It is understood excess N. porcelain, assume present operations will be continued C. ney Keasbey, conditioning equipment, garbage disposal Walter A. Maran, Chairman, and H. W. weekend. this out The to S. leading insulators. porcelain General Total proposal the oil pany's assets. The Steatite Corp.—New & Ceramica, of This 30, surance announces Ceramica impervious for out¬ air items, said, President include then shares preferred Brazil. Paulo, The the on 569. p. corporation tension •$1.88 $2.12 requirements 178, Techno Techno Corp.—Proposed Sale— share common dividend manufacture Sao Eureka Williams 268,932 outstanding, General Ceramic This with the 240. per •After standing.—V. $459,557 262,500 outstanding shares Earnings 950,557 389,000 declared Common 1 758,521 state profit Dividends 1952 $9,729,923 $10,265,908 __ before Provision Net 1953 ___ antibiotics its estimated a will The biotic The excess will inventory accrued take in proceeds from $21,000,000 American for and taxes, Heyden advantage of to be the book paid in cash which it is value and will result in antibiotics division and anti¬ net working capital to approximately equivalent assets, not required to pay the sale of Heyden increase cash or approximately $18,000,000. intends "to use this excellent position to opportunities to extend further tis basic chemlc management of price of $1,500,000. its to a 85% approximate realization net to division December 7, 1953 The Commercial and Financial Chronicle.. .Monday, 6 (2198) bj> acqui either internally or lines related and existing in The <N. sold assets all intangible assets patents, patent applications all including ^Assets°sold past, two years. ;, .' losses resulted primarily •/.:• f which do • • .... , ■ v , $9,514,132 $7,434,026 '$2.92 of common stock are based on shares outs'.andrespective periods—2,810,000 shares at Oct, 31, • . , .% . , , their opinion under the present sale of our antibiotic division to American Cyanamid is taxable at the capital gains rate rather than at the higher rate cn ordinary corporate income. "Our joint methanol venture with Monsanto Chemical Co.. is pro¬ gressing at a very satisfactory rate and earnings irom this venture fhould be reflected in our operations during 1955." ("Wall Street gain from the tin? tax. law Journal"'of Dec. 2)—V. 178, p. 1877. ^Earnings per share • at the end of the and 2,560,000 shares ing 1953 —V. 169, p. 2210. Sept. 30— other and income... —...... Net profit Number capital Earnings —V. per 178. — • — $5,424,848 1,875,486 $2.89 $7,485,994 1,875.486 $3.99 — shares... share..^..-— ;— 1778. p, N. Y. City—Securities Offered— Prudential Securities Corp., New York, beginning today Miami, Fla.—Files— Inc., of Better Vision, is publicly offering 550,000 shares of common stock (par one cent) and 550,000 shares of 5% cumula¬ tive preferred stock (par 50 cents) in units of one share of each class of stock at 51 cents per share "as a specu¬ corporation covering Hudson on 299,500 Kit.—October Earnings— Manhattan & 1953—10 Mos.—1952 1953—Month—1952 Period End. Oct. 31— $900,175 804,833 $935,410 822,897 $8,777,985 8,055.692 $8,989,711 7,896,817 Operating income $95,342 Non-operating income1,323 $112,513 $722,293 1,323 12,522 $1,092,894 13,057 $96,665 $113,836 $734,815 $1,105,951 128,545 129,038 1,289,731 1.289,745 70,058 70,058 700,583 proceeds operating income exps, and taxes.. Opcr. Gross income _______ •Income charges on _ the that The company of its 1966, will be 1779, p. working capital, $121,400. and $30,000, BUSINESS—Corporation Sept. incorporated duly was Delaware in Trust Farmers William 22 OCTOBER FOR EARNINGS Co., of as St,, FIRST AND Feb. $ Y. N. MONTHS the It intends corporation The a device 178, ry. The acquiring contemplates corporation distribution 9,417,756 1.337,047 3.804,427 ■ States United the in an for franchise exclusive Dania of for cameras in use also contemplates manufacturing and distributing ultra-sonic generator. The corporation also intends to engage in the manufacture and distribution of a continuous variable speed mechanical separator for corporation of type a use in for the petro-chemical, the construction and plastic industries. The plans have been acquired by the! cor¬ food this of device poration on a non-exclusive basis. The corporation contemplates that it will assemble likewise on a non-exclusive basis, a kit containing resins modeling for used be to respectively, assembly, sports of and motor-driven a and distribute, fiberglass and kit for the also toy purposes boat and motor- a products its conduct to operations. manufacturing own EFFECT GIVING CAPITALIZATION 5% —V. Nov. 1, CAPITALIZATION GIVING t Fust mortgage 2%', EFFECT series was PttESENT series Profit Excess taxes income before Federal for Net Outstanding due 1976 series due 1978 series due 1979_____ taxes____—____ income 2 / series due 210,709 661,276 — outstanding $2.72 share______i_„_ common requirements.—V. dividend preferred 177, 1902. p. 3/2' series due 1982 Railway \ nl p stock ($50 4.08V' cumulative I'-n/ 4.,0,.v cumulative stock 8% preferred The tive stock 150,000 .shs. 200.000 shs. 150 000 shs ._ value)___ 5,000.000 shs. 2.810,000 shs'. or of other series, may fLcTusivP nfei^nnennn° faSC Up°n c/JmpUancs with the ^rms thereof, annually shown as a current liability, $500,000 to be reared common the set*forth below:""*"'5' bonds Halsey. Stuart & Co & Co.___ yid Brothers Corp.___ 200.000 Colling & Co.____ 300.000 SCCUntieS Corn iS 500-°00 Securities Etr»i table 12Sonnn Iowa of Corp Gregory & Son. Inc.___ Heller, Bruce & Co ilLrsch Co. & & Mallaney, 300.000 150.000 Co Wm E- "Poliodt"'i"'CO.; Inc. 600.000 _ _____J Ralfensperger. Hughes Co.. Inc _ ' & 300 000 Salomon Bros. & Hutzler l.25o!oOO fchwabacher & Co.__,_ 300,000 Of 500 000 Stifel, Nicolaus & called l^as Bank for redemption on Jan. 1, next. $287,000 collateral trust bonds, series B. at 101.54':-r be made at the Agency of the York City in U. S. funds.—V. 178, p. 1667. Payment -will accrued- interest. in Montreal of New " 2sn nno TcoTYnc".::::: 700.000 Stroud 300.000 Thomas Van Arthur 200,000 & Co Alstyne. L. ; Noel & S. 400 000 Wright & Co Yantis & Co. of $8,500 000 offered was 3%% first mortgage bonds, due Dec. 1. 1983, the in Outstanding 2,500 shs. 2,500 shs. 1,260 shs. part receive in each year, out of the earnings as dividends by the directors, non-cumula¬ be paid in such year upon remainder of the earnings both preferred and com¬ are participated in proportion. same its at dividends addition, the any in shall option outstanding shares 1,260 John to and at redeem all or any part of the time at 100% and accrued divi¬ may any rights patent (President) time.—V. 173, outstanding for all and shares 630 630 shares and payment Wayne to the were Green of Karl¬ assets demonstration.?equipment, all and in the agreement between Mr. Karlson and distribution of common stock is planned at further No in test described as company. stock common Treasurer) including Associates, son of Karlson E. (Vice-President 1987. p. Co.—Earnings— Kelsey-Hayes Wheel Year Ended Aug. 1952 1953 31— _ before Excess 4,900,000 2,050,000 700,000 $4,485,929 1,836,468 1.236,920 1,855,587 $4.08 "$3.69 — outstanding.— share— common per "Adjusted 177, 10.085,929 declared shares Common V. 14,261,150 taxes tax profit Dividends $ 102,791,627 $4,961,1,50 profits Net income Federal for L—__ taxes— income 138.345,654 7,250.000 sales reflect to 1,216,920 common shares outstanding.— now 2785. p. Kennedy's, Inc.—Earnings Highersales taxes Federal 1"53 taxes Net income $3,205,40? 135,741 — — income.._ on income on 1952 $3,777,531 85,763 31— ah departments of before 178, — 9?,823 43,722 $:. 5,913 $42,041 _______ 1 — 949. p. Four A Funds— corporation Jan. Dec. 31, Growth 2. as stock Fund and holders distributions 4:30 at the on (currently shares , outstanding shares 217,783 by held Keystone of 3.310 share¬ holders! .' A distribution Kigh-Giade Common Stock by 1.643 shareholders). A \ - stock 200% stock 100% Income p.m. follows: distribution "K2" announced stock of record has payable to trustee, as: 1954 1953 200% . Distributions Inc.—Stock Funds, Custodian Keystone on Fund distr.bution Stock Common stock the on "SI" the on "S2" Funl shares shares (currently shares held 143.042 (currently Keystone of outstanding 2.068.764 Keystone of outstanding shares held by shareholders!. 100% Speculative distribution Common Stock on Fund the shares "S3" outstanding (currently of 369,125 Keystone shares held shareholders). 3.534 total of shares 10 Keystone Funds combined is 14.274.148. and represents total assets of more than $220,000,000 held by 47,800 shareholders. Of this number, 2,798,714 shares currently held by 23.841 shareholders will be affected by the stock number distributions outstanding, for just announced.—V. 6 Months End. Oct. 31— Net 178. p. 1953 sabs Cost of headed by The the 1668. 1951 1252 $86,770,379 $80,255,422 $78,728,580 sales— General 101.42, to yield 3.30% to maturity. awarded at competitive sale on Dec. 2 Profit Dec. 3 by a banking group on This on and 6,350,515 5,718,475 61,443.293 4,853,073 $10,888,404 $8,995,527 Sl2.432.209 1,217,666 £31,995 1,086,363 $12,106,070 $9,927 522 $13,518,572 69,521.460 selling issue was mnnnn Inc. 250,000 Other from expenses operations income (net) bid of 100.7899. a Gross viz: Equitable Securities Corp.. 100.72993; Kidder, Peabody & Co., 100.71; White. Weld & Co., 100.627; Union Securities Corp., and Blair. Rollins & Co., Inc. (jointly), Federal income Interest Inc.. 100.627; B'.yth Lehman 1C0.4399; bonds The 101.37 scaled after from Dec. 1, will on were & received, Brothers, 100.37599, redeemable Dec. 1, in 104.92 1955 the all for 3%s, for to 12 Halsey, 100.5299; Inc., Co., be and the par in months Stuart & Co. Loeb & Co., Kuhn, 65,541 420 1982; optional beginning Dec. PROCEEDS—The sale of call prices are 1953 to par 1, 50,000 service net proceeds of shares from cumulative of bonds and from the preferred stock will be used' to the sale in in expanding the 391.019 state. company, central its utility and which supplies 5 electric southwestern plant since 1946. sections The utility of and program for natural gas Iowa, Can. 443.508 423,706 6,033.751 4,845.593 6 796,949 1.107,130 338,798 775,000 $4,574,170 & $4,292,613 $5,522,917 204.848 204.848 10,762 12,937 stock $4,358,560 $4,081,833 $5,292,463 share $2.13 S2.00 $2.53 income profits excess taxes— tax income Net Minority int. ing Paper Preferred part the company's $24,70(j,000; construction the 18-month period ending June 30 next. finance Fed., 100.359. sinking fund at prices ranging 1982. BUSINESS—The ' inc. F. 250 000 Co. FINANCING Kimberly-Clark Corp. (& Subs.)—Earnings— Light Co.—Bonds Offered—A new issue Co inc 500.000 Redemption— first mortgage and of 3'/a% ($20 before and 15,354 being used to. pay for pipeline extensions and other are company PRESENT TO 2,500 shs. stock 87' of stock the issued by Partial The EFFECT dends. The from 300 000 Brotte7s~~£~Co"~~ stern 300.000 300,000 borrowed up to $60,000,000 under a in February) 1953. with a group additions. Eight other bids 200 000 _ The Robinson-Humphrey Co.. Inc. ' GIVING A proceeds 1953 and 24, Aug. on First Boston Corp. at 100 000 500,000 Co._ & 9 & " 400.000 & it was Iowa Power & $600 000 ' Co Wells Hanseatic Pizzini . Coe Illinois Mackall severally ner'" De"" * Scr,b" 150,000 Michigan Corp. & Company... Freeman have " inc. F0.TV-i-C0~~ of below Patterson','" Co"p"eTand" Kendall. Inc. B. W. 200,000 Securities Julien TT.e 150,000 oOO.OOO York Corp 1,250.000 200,000 —rr" -o.- First & 150,000 Rrnf & n°' J**' 1'250-000 i Denton, Bros. Burns Burns First Co' 011 Stearns ~ear, City rli Co ir & Barhp Bache Strudwick. Line Co.—Private Borrowing— announced on Dec. 1,. jias placed •'f"ipective »«■"='(»' »»«■»«« New $4,700,000 ■ 602,477 37 institutional investors. The loudspeaker York par) stock, corporation The preferred This Pipe total the Karlson Y. N. dividends as stock mon 855,699 £95.838 credit agreement set up of and named of 833,645 15,377 1779. p. company, bringing 300.000 shs. b°ilds 0f the series shown above, i 40.309 "94,229 Interprovincial 7,000,000 30, ($20 dividends the declared on • _ preferred par "70,889 —_ privately $15,000,000 additional 4% first mortgage and collateral trust bonds, series C, due April 1, 1973, thus 7.000,000 1,000,000 shs. stock. the 8% working enclosure. inventory, manufacturing and distributing the Karlson a specially designed loudspeaker cabinet for systems. Its office is located at 1379 East 15th stock shall of the corporation declared effective 1 233 000 of of of shares 2.500 share). per incorporated in New preferred —V. income 173, promotion partic. stock Common fixed lor avail, charges Net ($20 for the acquisition 1,456,393 This stock__ (without $10,867,795 1,434,976 20,000.000 $1,233,000 par value) preferred preferred 4.4-.» $12,074,664 78,823 railway 20,000,000 cumu aHVe I)refei're^ st,ock__ cumulative Common $1,040,283 "102,448 from "Loss;—V. 1, 1959 County Gas & Elec, Co.).. fund debs., 2%-% clue 1966__ binking $876,932 revenues oper. rev. offered publicly par 1953—3 Mos—1952 1953—Month—1952 Period End. Oct. 31— Net (N.Y.)—Stock Offered— at be used was music Federal of Central America—Earnings— Ry&. 15,000,000 . ' mortgage bonds, due March 6,699,627 stock Nine Months Ended Oct. 15,000,000 sJmLf.neSkdU! 1933 5% 17,077,943 6,916,620 Authorized 661.303 $1.88 _r___ paid___, International 198010,000,000 /4 15,719.509 787,125 November to are Brooklyn Provision 1953 1952 $69,304,841 $64,206,836 6,145,433 3,806,311 3,240,000 2,089,300 $1,506,311 261,004 793,404 _____ dividends per in further and Income $45,000,000 _____ 2,231,268 592,884 CAPITALIZATION Net $2,055,433 342,549 vidends paid___—793,404 profit Preferred Income FINANCING , : 1953—10 Mos.—1952 $4,513,264 $40,373,570 $39,324,451 2,281,996 24,654.061 22,246,503 1,296,502 op. ry. participating high-fidelity Profit taxes__——__—__—850,000 profits ; Subs.)—Earnings— (& Corp. operation'.; 2/8 — 1953—Month—1952 income corporation Street, 550,000 shs. made 3/aU — 1769. p. presently in business Ultra-Fidelity Enclosure, 1,450,000 shs. - d Unlimited _ $2.27 outstanding shares Outstanding 600,000 shs. Sept. 30— sales Net shares and accrued Authorized bonds_____ 176, of $ Interchemical 9 Months Ended 24,969,513 '28.611.140 102.25% TO , number 1779. p. proceeds The 1877. p. "Earnings bonds, 3V2% Further details follow: 1933. 60;799 Ry.—Earnings— $3,934,855 2,638,353 expenses- is this FINANCING 1,500,000 shs. stock 178, Common interest of $20,000,000 first mortgage due 289,244 373,530 $2 25 year.—V. Southern corporation capital, the PRESENT TO pfd. stock (par 50 cents)____ (par one cent)_— cum. Common public offering by Halsey, Co. Inc. and associates at Stuart & 60 267 321,210 443.430 . increased Karlson Associates, Inc. This car. corporation 65,297,728 74,852.119 Offering—Mention issue of Nov. 30 of the our City oper. 179, Net in 793,000 $907,594 i - the fiscal each from rev. rv. a contemplates handling the manufacturing of the on a sub-contracting basis in some instances, depending on the nature of the product, and, in other instances, the corporation will lease the necessary plant facilities and arrange The foregoing "After Illinois Power Co.—Bond of oper. Earnings 2093. p. 1,995,000 share— common per giving effect to preferred photography and contemplates awarding licenses to vari¬ sub-agents for distribution of the camera in the United States. $ $ 29,489,737 258,689,841 250,960.538 20,071,981 183,837.722 185,662,810 9.967.055 op. income..1J oper. ry, —V. from rev. Net Net —V. professional Common Net Net paid__„_ Period End. Oct. 31— The operated furnace. trically the on This management, con¬ has acquired the exclusive rights to manufacture royalty basis a patented invention for a furnace is an improved automatic cut-off for an elec¬ corporation distribute and control. to industry as a finance ar.d production. ' services render to of fields the in sultant Provision 1953—10 Mos—1952 s 29,045.130 19,078.075 Railway oper. revenue..Railway oper. expenses, taxes paid___ outstanding-________. Railway oper. revenue— corporation intends to engage in the development, manufactur¬ ing and marketing of various consumer and industrial items for which there is believed to be a good sales potential/ In addition 1954, 1, York, New TEN 1953—Month—1952 Period End. Oct. 31— dividends shares 1953, City. income state on and presently has its office at 82 Beaver St., has not yet engaged in business but contemplates activities which are described below. 29, York New and dividends Common end 1952 1,700,594 $1,063,533 Common the per oversub¬ 1953 Federal for Preferred at ($100 par (& Subs.)—Earnings- profit Railway V outstanding 40-year 4%% bonds (debentures) due Aug. 1. and accrued interest. Payment will be made at the Bank net. .development and promotion, $50,000; for acquisition of / raw $20,000: fees to sub-contractors and for leasing plant fa¬ Debentures— redemption for 178, 102V-z at City called 1 $884,377 $1,255,499 bonds.—V. 4%% RR.—Calls Dec, on adjustment income on Central Illinois all interest of $85,260 $101,938 _____________ "Exlusive at $32,315,658 $26,563,590 at $224,400 and it is used approximately a.s estimated are proceeds net the sold, are Authorized Deficit stock taxes,3,055,533 income Kansas cilities, adjustment bonds income corporation the to oifered being shares the ail materials, driven Interest If - contemplated 700,583 dross Pro vision "Alter PROCEEDS Sachs W. Baird Nov. 25 of 50,000 shares preferred Knitting Mills, Inc. before Net ' The Milwaukee Co., and Robert _ "Earnings lation." The Nov. 25 filed a letter of notification with the shares of common stock (par 50 cents) to be offered at $1 per share through Curlette & Co.. Inc., Miami, Fla. The net proceeds are to be used for working capital. The HEC sales Profit (Dec. 7) ous House ' Goldman. are: See details in Jantzen (Del.) Inc. Indusco, a company before interest de¬ income offering the in Smith, Barney & Co. was quickly V. 178, p. 2093. by have will the 1953. $4,662,000. to cumulative scribed. which 30, The 1953 1952 —$21,944,052 $18,317,544 i'rofit before income taxes 8,784.512 6,836,929 Provision for Federal income taxes.—.——r T,346,000. 1,387,000 Adjustment of accrual of prior years Fed. taxes Cr75,946 Dr 1,374 Federal income and state franchise deficiencies Dr28.464 Dr23,707 Gales and $28,808,000 of revenues Sept. ended Year Ended Aug. 31— extensive Oil Corp.—Earnings— Honolulu 9 Months Ended months 12 units generating kilowatts. 110,000 the Sold—The offering on share) Net For Sold Privately—The com¬ privately with institutional investors SI,000,000 41/4%-5% promissory notes due Oct. 1, 1956..968. through Riter & Co., it was announced on Nov. 30. placed has of Central Republic Co.; Inc. 4.35% 178, p. 2093. 1952.—V. Oct. 31, at electric new amounted Stock follows: Hightstown Rus Co.—Notes pany Co., 1,232,500 S7,873,194 ' S2.80 applicable to common stock 'Earnings per common share— —_—______ Balance , earnings during 1354. . -We a'-e ad fired hv 'counsel that in Co.; of pharmaceutical- houses. • to the stockholders said' ' vwhile Heyden has derived a substunt-ial, net profit front its j.n<ihiotu division over the 10-year period of its operation, the elimination of the current lcs-.cs of this division should be helpful to our overall statement & $3,716,526 1.640,938 established The operating & « two UNDERWRITERS—Associated of the distribution- system of many extensive the have not 2,679,693 income Net the in capacity 2,496,305 had $11,396,219 Preferred dividend requirement——— from sharp price declines caused by entire ptwrilHii and streptomycin industry, price declines.affected most severely bulk producers like*Heyuen These excess These 42,563,127 $12,010,937 — — etc., deductions.—-—_____ Interest, substantial losses incuir.d because of tinuance of its antibiotic business $53,959,346 43,869,109 . .. capacity EARNINGS—For ductions income Gross Cyanamid Co. did not include Heyden's stock interest and roya.ty arrangement in the.French pany, Scciete Industrielle pour la Fabrication des Antibiotiques. Heyde now Is. engaged in disposing of these assets. • The corporation for some time has been considering .the dt.c " during .the $60,880,046 revenues __________ Operating expenses and taxes American to 1952 of combined 1953 31— Operating Hey den's Princeton of the anUbiotic division, and inventions relating Cyanamid included American to and plant J.t Oct. Months Ended 12 ' struction EARNINGS COMPARATIVE STATEMENT OF "business has been is completing con¬ in earnings of Munising Earnings "Earnings "Based \r irru on p"r tin v. 2,799 .. dividends:— Kimberly-Clark The Munis- Co.__ stock Corp. Co Paper common common 2.044,951 oao shares of common stock presently 230,454 outstanding. Volume 178 Number 5279 The Commercial and Financial Chronicle ... Laboratory of Electronic Engineering, ton, D. C.—Files With SEC— chase the unsubscribed corporation covering at par ($10 be used for Nov. on 25 shares 17.523 filed letter a class of per share), without working capital. A of with notification stock common underwriting. be to Merrill offered proceeds The the to are & Laurentide Acceptance Corp., Ltd. announced Nov. 30.—V. on 177, sales Profit Net Profit before income lor Fed. $9,150,438 1,307,511 & profits exec, Net prolit Earnings —V. 178, per $393,511 225,459 $1.75 $1.10 share-— 2093. p. The & Offered—Offering of $6,765,COO 3% equipment trust Corp. associates. The certificates priced to yield from 2.10% to 3.05%, according to maturity. Issu¬ of the certificates is subject to the authorization of Interstate Commerce Commission. on Halsey, Stuart & Co. Inc. bid 99.708, and 99.39, both for the certificates as 3s. and Corp. Stroud secured & Co., The issue 178, Kidder, Peabody The resignation and continue Donald as B. companies director a Tansill, successor.—V. 178, Joslin O. announced was and act in this of Dec. on 1. of the $10,500,000 p ate buit on Lukens property. to be Phase armor will one involve his work oi The U. erecting S. this on Navy will 4 the on first of phase of reservoir a is finance creek a and expected phase one that in phase as through runs station. pump mid-June well the as Bids the Com¬ the phase 011 in that date the two, January. erection work is begins.—V. the of Completion main within expected 178, building, major job McLouth the Detroit, in McLouth it Steel annonuced was hot strip Steel's Dick & Merle-Smith Schoellkopf, 1,450,000 Sachs 178, of months from 1953—4 Wks.—1952 made with MacKinnon's, Inc., SEC due Seattle, corporation covering Jan. 1, Nov. on of 8100,000 to 1964 each) through proceeds to are filed 24 6% Wash.—Files the at First of With notification convertible Nov. on holes two of share The of of Seattle, Corp., have stock. $55 at of (par Harrison proceeds dealer's the WTash. Total units Fed. $921,537 stock cap tal (refund I Federal of of letter a wish not — Dec. to 15. $.>3,020,864 cent) used the with Brothers be be to & to Co., Net income idend be to offered $10) share, their the same also stocks convertible is Pa. The until tax.—V. prof.ts is $106 Dec. declared share per 491,799 11,474,299 "1,29O!O31 4,636 13,426 14,266 $283,714 $895,219 plus accrued Corp. and 24.801 dividend extra year-end 31 Paul to B. $311,356 $275,447 profits excess 178, $871,118 £1953 tax. $902,855 includes $270,240 950. p. of 10 will days Joint ry. Other income 1953—10 Mos.—1952 $2,176,922 $21,396,443 $22,417,715 1,767,229 16,521,033 17,220,077 248,779 162,582 2,235,465 2,612,334 Cr2,691 Cr3,682 Drl78,416 Drl30,640 33,022 30,693 289,224 $214,923 income $220,110 $2,112,305 $2,188,161 12,847 12,026 137,296 —V. $232,136 $2,249,601 $2,305,682 127,491 98,484 1,264,002 1,006,980 $985,599 $100,279 and 1780 pp. , $133,652 Service Public additional share Co.—Offering was made in to our Stockholders issue of Nov. 30 shares of stock common at $20.25 basis of one new share for each six oversubscription privilege). Rights The offering is underwritten by a group of investment bankers headed by Merrill Lynch, Pierce, Fenner & Beane and Kidder, Peabody & Co. Fur¬ per the on shares held 1953—Month—1952 1953- -10 Mos.—1952 $ $ (with CAPITALIZATION an from rail¬ 161,969,461 operations-— 1780 pp. 3,701,787 and 6,362,479 39,151,037 47,653,857 2,977,151 20,826,908 23,651,140 1879. 3% 3%% series other & Boston bids Gauge 3promissory ments 5>/2/' to Se¬ stock 'Additional subject to and of & notification with subordinated Co., Tampa, capital.—V. the 168, SEC debentures Fla. The net 1147. p. the purchase $50) (par 1, (EST) noon it of office date, such on Dec. from from its at 150,000 Room at I. R. 4.—V. 178, less not p. than 1988. Corp.—New has Pirani new a to Development— Gauge Vacuum in operate the is pressure (1000 to 1 microns), several unique features. Hg announced by between range Model the 516 Pirani in coaters, vacuum and NRC for in Pirani 516 110-volt, ready and metals the industry on vacuum melting furnaces. vacuum Model current, alternating use.—V. 178, Vacuum Gauge, which priced is at operates $140, on complete 570. p. assets Corp.—Assets Up— According to nearly 1953 National of to E. Wain 7,000,000 shareowners new to shareowners of Securities 1952 $128,800,000 $105,900,000 Vice-President, shares outstanding rose high of 26,500,000, while the num¬ Hare, all-time an at were in Series this of peak new a period.—V. 178, 75,000—a gain of 17,000 1879. p. Dec. 1 on Corp., all on bid of 101.727%. a naming Harriman 101.099; 3%% Ripley viz: coupons, & Inc., Co., C. W. 100.31,99, and made at prices from PROCEEDS—Net other at fund prices ranging from 105.35% maintenance or 102.35% that to Dec. 31, will the will sale the be to, par. redemptions will fund and for toward its the western Maryland and pany tegrated in and approximately system form of which West company the the area of approximately approximately 750,000. an the of The from com¬ Sept. 1, $24,350,000. for the 12 months CAPITALIZATION Co. to 1. $2,718,000 1969 miles income net ended GIVING $1,500,000 stock ($20 ($10 par restrictions 1,445.000 Aug. of 31, the 1953 EFFECT in company par contained 68,600 60,000 shs. value) in pfd. or other series mortgage, 245,000 shs. may PRESENT TO without limit as to 4 50% "The is has of and subsidi¬ stock bonds limited mental notes money stock due obiig. (par by (par are the thereto. Number —V. . Outstanding $22,000,000 subs. I share per 1953 of 851,438 778,374 stock„.__— $1.89 $1.73 i 14.61 13.61 — — common share 1952 $20,690,210 $18,949,316 _ — stores 107 109 — 1879 p. Corp.—Earnings— Prov. Fed. for Net state & shares Earnings per p. 178, 1952 1951 $1,930,211 $1,614,990 taxes 1,075,000 1,135,000 888,000 $808,931 $795,211 1,030,000 $0.77 $726,990 taxes income profit —V. 1953 Sept. 30— income before $1,883,931 —— 9 Months Ended 1,030,000 outstanding— share common $0.78 — 1,030,000 $0.70 760. New Zinc Co. Jersey Subs.)—Earnings— (& September 30— all costs, taxes (not incl. inc.), research prospecting, Nine Months Ended Inc. taxes —— prospecting — facilities— defense expense 1,135,056 1,205,016 80,796 118,454 __— to production develop, prelim, Amortization of 13,615 98,047 61,597 $180,000—1952) and Unproductive Strike $2,606,886 $12,648,099 exp. 000—1953 Mine on depl., & genl., admin, and sales exps. (balance charged to surplus $540,- deprec., Pension 1952 1953 less sales, from 20,466 765,040 912,601 Balance Interest $735,579 $10,108,718 - 549,343 721,040 2,308,964 —55,843 —■ 47,322 4,611,325 and Dividends from patents — and misc.! Foreign exchange profit on sales of securities ior income taxes (est.) Federal and foreign taxes on income— Earnings before prov. Prov. for Consolidated net Earns, —V. — _ - per 178, — 1,960,000 shs.———— sh. on 667. 529.655 $3,636,856 $15,970,739 825,202 5,935,255 $2,871,654 $10,035,454 earnings- Dividends • $4,410,000 $4f410,000 $1.47 $5.12 p. York New Central Period End. Oct. 31— RR.—Earnings1953—Month—1952 1953—10 Mos.—1952 90,000 shs. ,ri.. 5,000,000 shs. ---tr in restrictions Additional 8,000 . 500,000 shs. — $6.50) Subs.) — 800,000 co. $100) issuable (& 10,000,000 , ' 1955 of 31— ___ per of 178, Profit Net FINANCING 6,000,000 serff? E preferred stock, series uCn, Common be issued service iO,000,000 1— preferred stock preferred stock, (4480% 59,559 shs. 250.000 shs. of said series aggregate principal amount. 10-year serial 4.40% 137,200 sub¬ Edison $5,709,379. was ^ 1963 purchase Cumul. Inc. Territory population a 1981 2'> 102,579 instal¬ value) any - its in¬ 7,000,000 1979-— due 5% 215,472 — bonds of and > series due 35A% worth Proceeds 1375 due series 3series due and electric com¬ single Potomac series due 1377 3%% 1958 due series due 3% Outstanding income Net Fed. -mortgage bonds— 3", 980,000 notes Co. The the of the arrangements. furnish square of part and subsidiaries 12,600 properties Electric Penn has interchange its EARNINGS—Consolidated aries West Power Per.n and company The important an The including. which with Virginia. western subsidiaries electric sidiaries, Co., its Delaware, together cost subsidiaries. construction new to amount bonds, these of applied company expenditures 1955 of to par. from funds of program estimates pany proceeds company construction Shops income___ Common redeemable sinking Shirt Net Nehi Halsey, 101.129; Langley & Co. and First {jointly), 100.6799; Merrill Lynch, Pierce, Fenner & apd Kidder, Peabody & Co. and White, Weld & Co. bonds will be The National Highlights of Report— awarded the group were 100.637; (jointly), be The bonds 101.235; Securities Corp. Beane, bonds: 1980 1955 preferred Common borrowings improvement Gauges are widely used in the electronics industry for manu¬ radio and TV tubes, in the plastics industry for pressure 60-cycle, and of mm Net Offered—Union Co.—Bonds received, were Inc., Co. Equitable FINANCING \— purchase obligation, 3 'A % instalments PRESENT TO Authorized trust 1975 debentures due Dec. Property in due due for stock days 30 Fiscal Year Ended August Net sales- Power competitive sale "First EFFECT f series bids to up 157,705,117 2,055.188 inc.— oper. Authorized GIVING collateral & Mtge. for notes. plant convertible McClure Providence Designed 0.001 Pirani ber 17,432,230 ther details follow: 2%% provides for letter a 6% preferred Research RR.—Earnings— 16,758,216 Stuart will expire on Dec. 8. ♦First 1953, National Securities & Research sell Underwritten—Mention 35.000 10, promissory investment receive development and Net BUSINESS—Company and its subsidiaries produce, distribute and electric energy in substantially all of the northern half of West and in small parts of adjoining territory in eastern Ohio, 1878. of the offering to common stockholders of record Nov. 24 of books elected was Virginia Maine for than corporation. 1.0 1988. $1,298,702 etc. income 178, Manager, named was expenses 178, 1953 Net General 178, p. elected was jointly head¬ ed a group which on Dec. 3 offered $10,000,000 of first mortgage bonds, 3%% series due Dec. 1, 1983 at 102.31% 117,521 $227,770 — interest, 1 oper. Menongahela 266,503 income Rentals, and President.—V. as Dec. on Honeywell, who 23,794,709 201,120,498 205,358,974 railway with Gross 1934, 20,460,003 way Six $2,119,651 1,625,618 (Dr i__ oper. Vice-President Pacific Improvement Net since will more National this The revenue Net Net Earnings— ____ rents rents fac. President filed 24 used received be nor control revenue— Railway the 1058. p. 10-year cumulative of The per holders of preference stock presenting by Dec. 15 will reveice this dividend on the Chairman- Mr. Sweatt oper. and Co., Tampa, Fla.—Files With SEC—- 49 Westminster St., Bids 25c record $2.25 to 1953 stock. and accrued interest. 1953—Month—1952 revenues expenses Equipment the do Any the Wishart, succeed 178, of be to company shares of |,o holders of for payments Board, succeeding Mark C. Honorary Chairman. 24,801 ,T„—- Operating with Narragansett Electric Co.—Bids for Preferred Stock— group a $927,356 8,267 Period End. Oct. 31—\ Operating notification Hemphill, Noyes & Co. at proceeds through Louis C. are facturing Sweatt, the use Nov. on $300,000 Vacuum W. June unsecured Finance offered The 516, Securities a be proceeds stock stock they receive in exchange. Following the elimination of the preference stock the company will capitalized with $35,000,000 of debentures and approximately 3,118,- Harold will company be Crl31 250 — RR.—October Central Taxes of oversubscribed was dated on capital.—V. Mutual common 1953. 31, payable Dec. dividend 1952, common 1955, 1, company common at Maine letter a Bank— agreement, June The convertible such into curities Corp. and Salomon Bros. & Hutzler $165,538 includes "1952 excess filed for Redemption— outstanding 3.75% 1953, 142,756 shares of per total in as Called Union stock, common shares for conversion shares of It Borrows from ' div¬ stock pfd. 25 Nov. 27 by on share. per covering $ $2,100,753 share.—V. 178, per The company has laken down another $2,000,000 under a $10,000,000 credit agreement with Mellon National Bank & Trust Co. of Pittsburgh, par have agreed to purchase shares share from all stockholders who preference stock into common stock. their have the made was $20.75 the at houses Period End. Oct. 31— 8,267 stock after on cents one share of preferred stock and 10 shares of common stock per unit, without underwriting. The proceeds are to be used bills and other obligations, and to purchase raw materials, etc. pay for pay with notification stock the to call, $106.35 copvert on this Tills* brings Railwaj' 1953—9 Mos.—1952 $319,622 preferred on 70 As of Oct. 31— $2,383,643 4,500 income Net Nov. on . price call shire banking directors share per The per at of 30, preference witn stock all Nov. share. connection —'V. Div. of Mountain Fuel Supply Co. Secondary Offering—A secondary offering of 40,179 shares of capital stock (par one S. to are common The $780,203 597.415 taxes— deductions Other stock tax _____ income Offering—A common of $110 to working capital. 1953—3 Mos.—1S52 income discount corporation The filed 27 of The 31'Ac investment Mahoning' Coal RR.—Quarterly Earnings Higher— Sept. 30— Co.—Secondary Co., Murray, Utah—Files— called As per Missouri Period End. Oil will each notification stock common through net shares Sweatt Elected and 600,000 covering 200 shares of 7% cumulative preferred stock (par $100) 2,000 shares of common stock (par 10 cents) to be offered In. and City, Utah—Files— letter a Without, underwriting. , directors preference SEC— $500 600,000 Co secondary (par $1) was Nov. 10 by Blyth & Co., Inc., at $32 per share, on a The SEC expenses. Nov. on outstanding. In . with of 800,000 Company & Milwaukee 149. p. $84,605,684 Salt Lake filed 23 shares per Utah. 113,000 share) dividends debentures coupon denominations (rti par Washington used for oe letter a 10-year offered be Cooley The & closed prospecting Chairman of $1,000 net ■ ■. -• The Co._ $1,000,000 Hutton Inc. 855. p. ex¬ '53-Jan. 1 to Nov. 21 '52 $6,863,915 Purchase Preference Stock 000 \ . set * annealing r & Pomeroy, 2094. p. Monterey at $100,000,000 mill for increased production. of soaking pits of pit capacity.—V. 178, to series (John R.) Moore Corp., Nutley, N. J.—Files With SEC heating slab new a for pits near agreed 1983 1991. p. Corp.—Current Sales Up— cents company per To scheduled are 12 759. p. the serve 1,500,000 10 City, and The the open 174, Minneapolis-Honeywell Regulator Co.—Bankers Offer 1954. of huge armor plate heat-treating building. The work will be contracted through Lukens, and Lukens engineers will work with the Navy in design and construction of the full project, including buildings and equipment. to soaking plant Uranium, Inc., covering stock construction have 1,450,000 to an as purchasers 2,050,000 working Joslin Mr. heat-treating plant and allied facilities relocation building site and construction pletion Dec. on of $7,076,813 at Lake The bids $4.90 1878. covering drilling ($1 Lukens Steel Co.—To Build New Plant— opened $3.68 design and construct Mich., soaking corporation were company 383,956 $4.51 undertaken Shoe p. preference This 1,053,270 383,956 corpora¬ advisory capacity. Vice-President, was named Executive 957,281 batteries new mill's Midland 855. p. will Minerals Refining President as $1,974,455 383,956 batteries Trenton, sales offered Sons, Inc.—New President— Archie of affiliated & Co. facilities, five The Lowenstein several Union Securities Corp.—$2,050,000 1951 2. 178, SEC (M.) five its the The & Furnace new Retail —V. 1987. p. the principal amouhts of bonds of — was by the to'cost Inc.—V. thereto respective Salomon Bros. & Hutzler Corp.—Continues Expansion— Per. End. Nov. 21— are Salt be the below: —V. 1952 dividend requirements.—V. Steel Melville SEC to several purchasers of the bonds of 1983 representatives, Union Securities Corp. and Salo¬ have entered into a purchase contract with the Goldman, 10 $1,504,764 share__ common and The Co. is usue 10 Co $39,184,959 $34,712,448 $36,274,759 3,854,590 2,939,764 4,189,455 2,035,000 1,435,000 2,215,000 . taxes outstanding preferred Dec. following new standard-gauge railroad equipment estimated at least $8,456,250: 55 general purpose and road-switching locomotives. Included in the offering group are: Drexel & Co.; Union Securities The forth their Hutzler, Pursuant purchase 10 953,156 per at double bid of 99.722. a bid & paid ance awarded to the group on Nov. 30 & Co. H. Walker 1953 income pansion pi ogram, will certificates, series N, maturing annually Dec. 15, 1954 to 1968, inclusive, was made on Dec. 1 by Salomon Bros. & and M. Payson G. taxes- Can. shares furnace on Louisville & Nashville RR.—Equipment Trust Certifi¬ Hutzler H. & company. 10 $1,819,590 Rust The cates 10 profit "After $247,366 225.459 outstanding—. common 10 through Bros. mon 540,000 taxes _______ shares Weeks Higginson Corporation Laurence M. Marks & Co (& Subs.)—Earnings— income McLouth Common & Lee 787,966 914,000 taxes—. income Hornblower UNDERWRITERS—The series, 20 2094. p. Corp. Fed. "Earnings 1952 $12,990,916 — 178, before for Dividends 1953 — Fenner sales Common July 31— ___________ Provision will pur¬ offering of 2,500 shares of Leece-Neville Co.—Earnings— Year Ended tion to % Year Ended Aug. 31— Prov. 2457. p. Pierce, V. also Net the obligated are following percentages: 20 McCord Sold Net 'oelow named the Drexel & Co..,.—______ (Canada)—Notes Privately—Union Securities Corp. and Gairdner & Co., Ltd., have placed privately a new issue of $3,000,000 5y4% secured notes, series C, due Nov. 1, 1903. it Lynch, Beane Kidder, Peabody & Co.__ Hayden, Stone & Co See was shares in % The SEC UNDERWRITERS—Underwriters Inc., Washing¬ 7 (2199) series. of the amounts The amount indenture of any of and series 40,000 shs. 60,000 shs. 3.067,100 shs. bonds authorized indentures may supple¬ be issued. Railway oper. revenue Railway expenses- Net Net —V. oper. rev. ry. from oper. 178, P. ry. income 2094. op. 71,414,509 58,496,956 75,346,254 695,635,124 663,120,594 60,456,914 571,845,099 565,196,361 12.917,553 )4,889,340 123,790,025 8,581,979 52,743,527 5,897,228 97.924,233 36,735,154 8 The Commercial and Financial Chronicle (2200) 16,257.624 141,598,575 133,563,062 9,557,551 94,968,767 90,528,69.3 15,013,543 9,678,082 revenue oper. Net $ $ $ Paper Co. 9 Months Ended 1953—10 Mos.—1952 1953—Month—1952 $ Railway Oxford Chicago & St. Louis RR.—Earnings- New York, Period End. Oct. 31— Profit taxes Net Net op. 5.335,461 6,700,073 46,629,808 2,191,904 *3,013,130 19,159.851 p. States Net York New Gulf Stock 178, Co.—Offer Made Redeemed—See At¬ Lines above. Be to Steamship Indies West & Steamship Mail Cuba & for Shares—Preferred —V. Net expenses , Net inc.._ railway oper. 178, 761,470 three of for 26,612,999 7,808,223 27,662,720 8,013,827 3,215,317 1,183,854 stock for additional 5 955 at $31.50 for each being are of of sub¬ to stock common basis of the on held shares 10 shares share per rights offered currently and year high earnings Nov. record 27, 1953. expiration of the subscription period on Dec. 14, Stone & Webster Securities Corp. will purchase unsubscribed shares. 1.953, any PROCEEDS—The net proceeds from the financing will be used largely for construction or to replace funds so expended previously. A public utility supplying electric service in and around the Rhode Island communities mouth, the months 12 available 1952 of period. will larger is demand be capital Spring St., for than corresponding the at various its of types papers made redemption for due 1972 of Newport, had company ended for J. Calif.—V. 178, 761. operating Sept. 30, 1953. of stock common Middletown Jamestown, the for date the same-period, $3.56 or the income net then out¬ there $5,294,384 86,314 $5,380,698 powered --- other deductions - DIVIDENDS—Dividends outstanding 55 cents the on shares, 65,505 stock, common the at are which of current quarterly of rate share. per at Net income — dividend Preferred for avail, requirement "Operating for $4,275,561 450,180 450,180 $4,148,831 $3,825,381 . of 178, surcharges the period of temporary incurred costs 1953.—V. January, to surplus—_ $l[379,609 steam excess 1952, and divs. include revenues recoverable September, stk. com. during GIVING EFFECT Petroleum & Transport Co.- -Subsidiary Chesapeake Ohio & above.—V. Ry. 178, and this of com¬ for 1953 buildings has been has sum been and raised, entirely spent electric to up ... completely now diesel the 5% 300 equipped generators tons day per which the at has company notes shares mechanically could which either simultaneously or additional and produce produce development work rate sold privately the carry $i.65 of $250,000 privilege share. per 159 from is into estimated will provide the company with sufficient working forthcoming winter months and until such time as sold."—V. 178, of worth conversion of It funds con¬ treas¬ that these capital ore for be may 1880. p. Rockland Light & Power Co.—Conversion of Service— The company available Dec. on with 4 S. P. heating space that announced York New a 168 to natural gas service, in ruling, will be made Village of Warwick, Commission customers in the York. New Rockland Rockland the Light and and Orange Power's Counties, 29,000 the natural gas customers In estimates that all, use' heating, and over pp. 1820 and 1880. company for medium cooking, nearly 24,000 for 14,000 for home and office heating.—V. 178, water company Manufacturing filed 24 Nov. on a letter Co., Cleveland, notification of with O.—> SEC the covering 2,940 shares of common stock to be offered at par ($100 per share), without underwriting. The proceeds are to be used to acquire properties and for working capital. 668, p. Appliance Files With Securities and Exchange Commission— The FINANCING PRESENT TO "The part: program construction 1571. p. Building New Plant— See CAPITALIZATION shares of is day while undertaking shaft area. Royal Pan American sale rate a per Of Bal. Much 95,447 $4,599,011 . in exploration Smitty ury 795,495 (net) announced is with vertible $5,071,056 781,687 ———_ $4,975,609 19 surface its encouragement. property "Recently — v Nov. on completed from accordance will share per taxes— revenues (net)— and 4.35 to 1 Beaverlodge property. "The the 1953 1952 -—___"$22,892,367 $20,872,040 17,597,983 15,896,431 — income Gross Interest Ports¬ for $1,876,567 of revenues and, $211,824, and income $12.81 4,944,949 5.11 to 1 liabilities current in the progress of completion. company advises that a total of $1,700,000 plant on ore Light Co.—Earnings— and expenses operating Other $11.82 to President, now continuing the Net Cr433 $581,232 4,720,560 . assets Aird, to 1, next, $500,000 accrued interest. Co., trustee, 629 S. and Trust p. Sept. 30— revenues——— Operating CY622. . 761. p. has with standing. be B. pany "The Jan. on 100% at California the at Angeles, Los Operating interest share per capital current 178, Cr98,115 Corp. —Financing—Expansion— con¬ Redemption— Corp.—Partial called debentures be 12 Months to minority 679,788 25,500 taxes. Mills $430,329 value —V. State Gosnold of $703,620, or $0.75 share, for the like per Management therefore anticipates that sales favorable in the fourth quarter.—V. 178, p. 482. Finance will to and/or loss 405,451 totaled 1953, $0.76 or Federal net Oct. 4,'52 $10,134,368 $11,682,673 interest loss Ratio: level. corporation has Payment new one for of Working $13,519,868 totaled 1953 & minority taxes Rix-Athabasca Uranium Mines Ltd., Toronto, Ont., Can. backlog a 5V2 % the At like quarter $706,284, 30, 1952. last at The Offered—Hold¬ (R. I.) Electric Corp.—Stock (par $20) share Sept. Net tons common scribe Provision Portion Book outstanding. currently ended the third against Pacific Power & of shares 2095. p. Newport ers $2.14 months the lor as Pacific 14,552,678 137,832,853 134,527,206 11,337,361 110,170,133 107,914,207 2,675,069 770,568 operations-... 1 before mining from rail¬ revenue income of and of —V. Loss $2,032,325 $2.17 $2,012,313 s $ $ 14.032,634 11,357,565 revenue.. oper. way 455,400 1953—10 Mos.—1952 1953—Month—1952 9 oper. the share, tinues Haven & Hartford RR.—Earnings- the on Oxford's period End. Oct. 31— Net 2,600,800 ; __i against $12,345,250 as per period 571. p. New York, New Railway income— on tax— share common per for Sales date Railway taxes profits excess income.— ♦Earnings "Based lantic Canadian and Oct. 3.'53 sales allocable 18,717,890 ry. oper. 178, States 5,127,325 2,599,000 496,000 5,068,513 Net 43,034,369 income.— 1988, from rev. ry. —V. expenses- United United Railway oper. income on (& Subs.)—Earnings— 9 Months Ended— 1952 1953 $40,220,241 $39,647,435 —— before Powdrell & Alexander, Inc. (& Subs.)—Earnings— Sept. 30— sales Monday, December 7, 1953 ... Outstanding First bonds, mortgage 2'/»% notes ■"'Notes due due Preferred due , 1954 stock 985,000 ($20 ■Bearing 3 '/t% cumulative ($100 value)—.. par interest Oct. to ___ 15, Gross 7,732 shs. 65,505 shs. value)— par ... thereafter 3Vu% .—V, 1953; operating Profit before $3,473,409 $3,057,053 $9,681,578 356,534 239,507 850,346 928,554 86,000 55,000 186,000 235,000 Ry.—Earnings— Period End. Oct. 31— profit —V. 1953—Month—1952 $ 14,815,750 160,322,082 162,098,323 oper. expenses. 11,706.154 11,111,455 114,276,791 116,285,999 6,432,336 3,704,295 46,045,291 45,812,324 Net (EST) 22,441,786 Pa.—V. income oper. ry. 178, 3,453,257 $664,346 1,592,970 $693,554 1,592,970 $0.42 Philadelphia Electric Bids the lor 1,925,000 23,647,554 purchase $0.11 Dec. 178, 10 Co.—Bids from bonds mortgage on the due Room at for will received be Chestnut 1000 ' ' ' Inc. Has Delivered Over — 50,000 Planes— its first 50,001 flew craft This for the U. includes 6. fighters jet F-100, level of the 50,001 Air Force and and B-25 FJ operational holds 177, p. the F-100—to Air the Wright delivered recently friendly or Jets and Mitchell" Fury Jets airplane official the a.m. Philadelphia 5, • 4 ' .. . . to world's World bombers T-6 and exceed speed countries. War II The shares proceeds will be program.—V. B-45 of cumulative preferred 176, used 147. p. to Philco the speed record of sound of miles 754.9 Net loans for and in per —V. F. $ Other taxes income from operations——— met) $ ; 8,118,000 1,593,000 the filed company 1953, covering employees of companies (Northern Gas and oi Co., Payroll a Northern other any registration a Natural Natural Permian subsidiary with Savings-Stock Gas Gas Basin statement Co. of Producing Co., Pipeline companies Co.), which subsidiary Net well employees as designated.—V. 178, Sales last per 12 Months Ended Operating Sept. revenues expenses 30— C. 1953 and taxes 4,421,664 r — $793,781 __ —V. deductions share third after income net 178, the William quarter of preferred quarter in the 1953 or 48 of In cents period President. $3,202,000 was totaled 1953 corresponding Balderston, dividends. $1,784,000 was third $82,227,000 by the 1953—Month—1952 $4,203,139 Railway $750,614 151 144 449 345 $643,708 ry. of _____ 178, 178, p. 571. Oil Co.—Operating Group Plans Continued Oil Exploraiton in Canada.—See Tide Water Associated Oil Co. below.—V. 178, p. 1988. to 1953—10 Mos.—1952 $4,529,155 $42,676,757 $36,876,195 3,346,952 32,928,955 1,182,203 9,747,802 5,668,833 1,190,838 1,092,446 11,826,948 ry. to the and 60% SEC in corporation covering and units 29,986 89,958 of Nov. 011 shares shares one of be used for working of filed and Securities letter a 50-cent common preferred through East Coast 25 three notification cumulative stock Corp., of (par 10 shares common New preferred cents), York. at The to with stock be $10 (par offered that profit net the stated, was company's the Other G. amounted are 1953 During expenditures corporation EEC covering and 54,520 offered per to in unit be units to Nov. 5,452 shares shares through used on of of one of class filed 6% A & a letter cumulative common preferred Goodbody purchase 19 "After The equipment and New and 10 York. for notification preferred stock share Co., of (par stock income ry. the $2,331,450 outstanding class A shares The net to be at $55 proceeds are On common applicable 99,124 341,590 share.. dividend statistics $0.29 1, preferred the quarter $0.28 shares. ended Sept. 30, 1952 contribution voted by the were to the board 1953, subject first Co.—Private Placement— to approval of the Oregon P. U. Commis¬ mortgage bonds, 4Ve% $4,500,000 was used to retire turing Nov. continuation series, due Nov. 1, 1983. an Of this amount, equivalent amount of 3V4% notes ma¬ 1953. The remainder of the proceeds will be used for of the company's construction program.—V. 178, p. 2095. 5, Dec. 1 als® period aggre¬ period of is future satisfactory vol¬ with several in promising line. to the December 8— MONTHS TEN FIRST AND 1953—10 Mos—1952 1953—Month—1952 $61,474,307 $61,045,930 3,491,564 37,676.127 34,139,055 $7,226,382 $5,960,323 4,103,714 142,018 1,300,044 11,327,613 1,423,342 1.356.422 8.992,843 1.451.370 146,071 56,655 1,790,760 148,421 146,923 taxes $1,509,515 $1,651,064 inc. 31,220 50,780 $11,997,546 $12,855,876 471,792 365,508 inc.__ $1,540,735 $1,701,844 $12,469,338 $13,221,384 3G9.671 279,211 $1,171,064 $1,422,633 inc oper. from railway income inc. oper. income 178, 660,710 $1,469,140 $10,073,953 $11,284,751 $1,223,454 from 840,699 46,507 52,390 income 2,597,343 3,236.084 $3,233,254 $10,624,041 gross 386,727 94,615 $836,727 $1,374,525 1,196.520 973,551 $8,877,433 $10,311,200 1821. p. Salem-Brosius, Inc.—To Reduce Outstanding Shares— A special meeting of the consider and take action the articles (1) of shareholders upon incorporation that the a will held be the authorized corporation capital stock, on to as to consists of amended be 14 Dec. of directors thafc proposal of the board of which now so 20,000,000 shares of common stock (par 10 cents per share) be changed as to consist of 800,000 shares of common stock (par $2.50 per so share), stock in sion, this company sold for delivery Nov. 5, $8,000,000 principal amount of the OCTOBER income. prvide on for to Sept. FOR income $2,363,750 341,590 — Portland General Electric (par $50) cents) on same dividend of 30c per share on the common payable Jan. 2, 1954 to holders of record oh Dec. 18, oper. railway (2) share that the 9,123,775 presently (par 10 cents the of treasury shares 364,976 with for taxes oper. Deductions 1952 102,344 per the in being maintained were -—j. Gross Slightly— 1953 - reflect the retroactive effect of the Employees' Profit Sharing and Retirement Trust of directors in June, 1953.—V. 175, p. 1482. 50 working capital. Inc.—Earnings Up — shares operating adjusted Orange Crystals, Inc., Oakland, Calif.—Files— The ♦Income sales outlook revenue oper. Non-operating the past amounted —V. Tools, earnings Common to capital, etc. sales Net Net Board, six-month 1164. p. railway Net Edwin Further such expenditures planned for plant and equip¬ during 1954 are estimated at about $750,000, will be provided by depreciation.—V. 172, p. 2483. Electric Portable the $7,789,422 $9,375,000. operating year, year $1,335,921. capital Quarter Ended Sept. 30— unit, per proceeds the the of for $0.83 31,207,362 Net Financing & Development Corp. (Del.), N. Y. City Files With Securities and Exchange Commission— $1) 178, Federal Other improvements which sales with $0.82 presently outstanding. quarterly declared than Federal Oil The regular was Total company's operations for stated that sales for the fiscal up he $3,360,000. ment of that the EARNINGS 1820. President, years, Chairman and compared as stock 8,049,988 $28,039,351 five President net consolidated 1953—6 Mos—1952 $0.25 common improved products being added taxes 871.839 summing Roos, Subs.)—Quarterly Earnings Up $0.57 Period End. Oct. 31— Plymouth Cordage Co.—Sales and Earnings— In (& 1953—3 Mos.—1952 Railway oper. expenses State, County and City income— p. .,$4.79 will be received by the company up to noon (EST) on Dec. 8 at Broadway, New York 5, N. Y., for the purchase from it of $7,500,000 equipment trust certificates, series M, to mature in 15 equal annual instalments, and to be secured by new railroad equipment costing not $610,269 —V. 583,74a $5.25 566,177 shares of that and Deductions .... 653.193 $1.69 r $1.93 St. Louis-San Francisco Ry.—Bids common 3,331,300 expenses- from oper. 583,748 653,198 share_ that Railway Net $2,798,145 a op. oper. rev. $3,432,871 6,364,145 year. Railway period End. Oct. 31— 3,566,000 $987,173 Russell Co. announced cents quarter same share per 4,617,000 Bids less 88 or 1989. p. 1,473,000 120 270 $794,852 ; ___. income Ohio the $1.64 Pittsburgh & Lake Erie RR.—Earnings- Net ' _ Net $750,344 1,071 __ ____ income Income in in with announced Railway oper. revenue— Operating income .Other income Gross was income ago corporation compared as it 8,049.871 1,903,000 Inc. taxes shares- Russell, and The 1953—9 Mos.—1952 $57,701,806 $47,586,634 2,460,173 share com. on prior stock 281,250 5,791,750 $4.29 share— 1953—3 Mos.—1952 3,165,111 6,037,000 281,250 15,136,250 j__; shared— common 1952 $5,172,008 4,745,229 _________________ 8,241,000 $0.53 857. p. $8,494,969, He ume 14,314,000 20,731,000 ;____ 15,418.000 this of stock.—V. $5,539,010 — 36,149,000 taxes,. requirements for common common year Pennsylvania Power Co.—Earnings— Operating per year, Net Northern taxes— income dividend balance $96,649,000 1988. p. before State earnings Preferred Earnings Earnings Independent Natural as be may on for Plan three and $0.46 $1,262,111 per 1953.—V. SEC the Purchase and income Federal Co.—Registers With SEC— 703,009 $639,496 j.— $21,636,438 $17,486,067 Period End. Oct. 31— gated 335,171,000 247,383,000 28,031,000 12,721,000 ____ before Income 1,342,505 574,277 ;___ taxes Fed. capital 178, announced 1952 on share. profit Number construction 1953 Sales inc. profits ♦Earns, per Sept. 30— taxes Co.—Earnings— for Earnings Corp.—Earnings Up Sharply— 9 Months Ended Total 1, before (F. C.) bank repay Income $564,050 common excess stock • - 2786. Northern Natural Gas Dec. per ♦Based trainers. T-28 & Pre¬ Bonds and — 1,138.327 — Federal . F-51 as well as and 20,000 .„ 178, p. 1820. new This for Period End. Sept. 30— Net sales (par $100) through Drexel & Co. Force. foreign and 1952 $17,204,607 $16,524,614. profit Profit % Privately—The company, it was an¬ nounced on Dec. 3, has plased privately with institutional investors an issue of $5,000,000 first mortgage bonds due 1983 of products, services, etc depreciation but before Federal Ruheroid and 11 to up St., ferred Stock Placed airplanes have been military air¬ Navy "Billy Navy first corporation Sabre F-86 bombers, flight, this ago, built since airplanes 10 supersonic new Korea-famed Mustang hour—V. years cent per Tornado The 50 plane—the Ninety-eight of every out one 1953 31— sales income on Provision North American Aviation, Brothers first $20,000,000 of company 1983 712, Philadelphia Suburban Water Co. Manufacturing taxes Provision Bonds— 2095. p. Consolidated] not $0.43 1669. p. from after Net J —V. $184,507 1,592,970 856. p. refunding op. share* —V. $ 18,138,490 from, ry. Income Oct. Subs.)—Earnings— (& Subsidiaries Three Months Ended Earned $ revenue— rev. com. 1953—10 Mos—1952 $ Net $270,534 1,592,970 $0.i7 outstanding per 178, oper. Railway Railway inc. Profit Earnings Western [Foreign $9,117,723 taxes Com. shares & Royal Typewriter Co., Inc. 1953—9 Mos.—1952 income Fed. inc. taxes Prov. for Net Norfolk Subs.)—Earnings— (& 1953—3 Mos.—1952 178, 1988. p. Corp. Oil Period End. Sept. 30— 600,000 __ 3%% Panhandle $1,000,000 ____ 1954 stock, Common 4 '/2 % 1954_.__. of the outstanding of new per the new share) common common common and corporation, stock, stock and stock for (3) outstanding shares of common the 625 be shares reclassified (par each that $2.50 25 in of shares lieu of stock held converted into such and at the of rate of on* the presently fractional shares stock scrip amounts, for full shares of the new common stock at any time on or before March 31, 1956, but which will not entitle the holder thereof to any voting rights, dividend rights, or rights to participate in the assets of thecorporation in the event of liquidation. of new common certificates stock, which will the corporation will exchangeable, in be issue common appropriate " Number 5279 Volume 178 EARNINGS Wet FOR TEN OCT. ENDED MONTHS $4,036,051 ' Months Nine Gold American South 1953 31, L sales Ended Platinum & Co. ' (& Subs.)— < (E. W.) Stephens Publishing Co., Columbia, Mo.—Files , The 1952 1953 30— Sept: company purch./estim., admin., selling, & 563,500 exps. gen. - OthPen^ting' Profit Ot er 172,423 -- — Provision for Colombian income taxes ________ 161,940 33-800 Depreciation $550 457" DePletion —— ——— "come profit The Co. above only Uons The 1953, divisions all 31, includes 1, from Jan. of Oct. statement of to May Inc. from Federal 384,000 218,000 172,000 tax provision the on profit net months ended Oct. 31,1953,, has been eliminated by a net carry-over-created from prior years' losses.—V. 178, p. loss —V. the for (Howard Profits Net W.)' Sams Financing and Expansion— Increase—Plans profit before taxes for the Jan. -$83,700 $27,500 June 30,'53 Com. stk., of pfd. income -■Common ___. profits.> To * the t.€2-to-l The the'ratio in Dec. on 31, directors cents stockholders of its high 22,564 28,320 , revenue Canada. calendar year ; v 10,841,844 income —r~—— the stock v Balance —j. ; Shares outstanding end cash' dividend fifth of there in the 10 - ______ of - require larger . [ , stock to Issued or the '' -J•• Marine GIVING •; —See- also • V: 178, Western as New t FINANCING 5, i ' ^ Authorized; • -Outstanding -J-ft 1,000,000 shs. - • 397;000 shs. ' - * •' .... ' - • par, value)t__ p. 2096. • '•%' •" f-.Common;-stock^($1 $2.07 of PRESENT EFFECT - TO s ir.:': - open warrants •"> agent -is '. The Marine Trust' Co. Trust .Building, Buffalo 5,'N. Y.v 1 CAPITALIZATION the underwriters subscription York, In subscription to < 1060. p. Co.—Equip., Trust, C.tfs. ^Offered— Pacific Southerir , , unsubscribed of purchased of Studebaker Corp.—Credit Agreement— continuously since 1950. after year, - necessarily sales,; year capital. % Consequently, . common shares 50,000 shares exercise upon stockholders. 685.000 ~ — than deliver marekt the <open $1,418,722 799,167 $2.17 of. period— Earnings per share $1,737,805 ,—_- > ----- shares 50,000 less are will company " from payable stock 412,296 from . ^purchased $1,831,018 412,296 $2,150,102 stocks preferred on at follow: deliver will underwriters or The ^-——-—------ income agreed underwriter event: that :the market the by Liabilities' 1953." June 30, the Net Dividends details Further participating /in "9,979,836: $2,514,119' $2,263,431 V 364,017 , " - 432,413 Interest,/ etc. deductions; ; (ndt)_i._T__-_--il, Hamlin & after the expiration, of the subscription offer and on the closing date of the underwritten agreement between -th(?.;company>:flnd the underwriters. The underwriters wi,l make delivery of shares, of unsubscribed stock to the extent available, and ■ 1953 1952 $13,355,963 $12,243,267 . and ta-xes——- expenses per Dec. 7. on speculation. remaining unsubscribed The' underwriters Southern Indiank Gas '& Electric Co.«—Earnings— Gross the directors voted a 1,000 share Increase in the $100,000 5% 'cumulative-preferred stock capitalization and a 60.000 share increase in the common stock capitalization, both working 93,504 P.,,.V v 1.31 Nov. 16, 1953 to... —V. 178, 1953. iThe company has paid dividends 31, V:.v^C:' offer expires as a have Co. (par $1) at $5.25 to purchase any the expiration date. W. C. Pitfield Co.,- Ltd.,- of Montreal,; Canada;;, has agreed to;purchase 50,000 shares of common stock from the underwriters- at $5.25 per share for distribution in shares 133,491 125,854 ' r 101,352 ;—" — 12 Months Ended; Oct. 31— illustrated is 'Currrent to on declared common Oct. shares common record New the record Assets' SEC share for each share al¬ new one offered are and -Allen Lunt 1952 $658,621 ;-403(306 . the The beneficial results $52,300. to 2.21-to-l 1952 on 1953 . - Gross of-this condition financial Oct;--15 on share per for sold 'Current of ... a the was v ___: - 178, p. 763. fasterL rate than provided by balance (523 shares) of the Initial at need, authorized company's- sound Increase •n this meet preferred stock to -capital . _ Surplus stated: Sams, Chairman, on Nov. 19 also for the first six months additional basis of the on These securities Co.j; Ltd.—Earnings— .* __' :''y- ( Operating $0.55 +'• $0.42 j . .."Expanded volume required > ('' Federal after , - Dividends $1.86 - the stockholders of record Nov. 9 of 198,500 common additional shares of common stock share . $1.35 with Strategic Materials Corp.—Offering to Stockholders— was made in our issue of Nov. 30 of the offer¬ ing to $0.58 ' 1952 0.93- share earns.- per ;v./v • & -after tax dividend____________ share per tax Howard W. before earn, stock tax stk/> income •- share per payment Federal .• .Taxes. - . _ Month of October Cftl. Yr. 6 Mos. End. V-/'.- Gross earnings V------------------: :____V$668,995 ;T Expenses (Including interests and- depreciationt_ 1% 419,225 > corresponding period of and $16,800 respectively. the for as'compared with $56,000 1952. " The profits after taxes were $0.37 . 1821. p. Southern Canada Power 1953" period was to June 30, 1 178, $603,418 v, $941,696 ____ ready held:v The subscription operating 1990. Co., Inc., Indianapolis, Indi.— & —■ ten ; > taxes. income Earnings per share__J_L May 1 income S. Net earnings and the opera-. 9, -1953 to 1953, inclusive, 8, Salem-Brosius, U. for notification letter of a Mention operations of American Cladmetals the inclusive. 1953, Provision $580,091 ___ 24 filed preferred stock. liquidate, said < Wet of 48,100 336,000 ___ holders to deferred non-interest bearing obligations to be outstanding preferred stock pursuant to a plan to of $86,250 issued $1,368,641, $1,707^36 Earnings before depee., depletion and inc. taxes " Nov. on covering Engineering, 9 (2201) The Commercial and Financial Chronicle ... The ' headed by'Halseyv^Stuart^iSt-G^. Ine.'Oii Dec. ri ? ' 4 offered $5,925,000 of series LU/3% equipment, trust being approved by the Secretary of the State of Indiana -on Oct. 7,. certificates, maturing annually Nov. 1, 1954 to 1968; in-1953. The -sale of "the "preferred stock will be sufficient to meeU ,« elusive. The group won award of'the certificates on Dec. -capital requirements for the immediate future. .«■ ; : %•j ' -Stockholders-will be given the first opportunity to subscribe: for,,:;, 3 on a bid of 99.681%. '.'general A syndicate , corporation - / ^ $25,000,000'-revolving set /up, 'a- » v credit ;for } tlme/:.a, similar-size, loan terminated.' been E. . corporate purposes.'■-•io . _At;the. same has has .;•/. . agreement,; for-.defense work I % • i ^ + . j,. , E.1 Richards,,-Treasurer/^stressed that ; there is no prospect of immediate borrowing ■ under the new., arrangement .-with Studebaker's principal depositary banks: ■ : • ./ 4, ' The-previous credit line started out as: a $100,000,000 V-loan arrangement -in -April;? 1952:/ ; Later- it was reduced, to $25,000,000: , It was solely, for the financing of defense contracts under a formula permitting borrowing against-the company's investment In such work. Lastspring the - Air Force cancelled orders for' $100,000,000 of J-47 Jet engines, resulting in. a slash.of oneithlrd. in.planned produc¬ tion of - these engines by Packard Motor and Studebaker. Late■. In August Studehaker -turned out Its-last military truck- under then- * existing defense contracts. Harold S. Vance, President of Studebaker Corp., <-has.-said' Studebaker will' wind up its work in- the "nexlr few months- on current defense - contracts for production of- J-47 Jet . . ■ . * . . •" these preferred new approvals terred The the been directors of 100% a in dividend was was -payable on voted; by 30, Nov. . other Two , , on ' pre-.A< 19481 dividend stock common This 19. Nov. on required shares at $100 per share when and as obtained. Dividends have been'-paid continuously since their Issuance declaration bids received were- < aiso for 3s., .viz.: Salomon Bros. & Hutzler, 99.2803; and Kidder, Peabody,& Co., 99.19. ; Subject to the authorization of the Interstate Commerce Commission, the certificates are priced to yield from 2.20% to 3.10%, according to maturity. ■ ; stockholders common of 1 ' , v ■■ Nov. 19, 1953. This Is the The issue is to be secured. by >the following* new- standard-gauge % second common stock dividend paid by the company.; v. ».. • railroad equipment-estimated to • cost not • less than $7,900,000; 1,108 ^Arrangements have been made with Collett <fe Co., Inc.,- Fletcher.^* various types of. gondola, hopper and flat cars. • - . v. Trust Building, Indianapolis, Ind., whereby they will give 'quotations Included in the offering group are R. W. Pressprich & Co.;, The ■on Howard W. Sams & Co., Inc. common stock and are Interested Illinois Co. and McMaster Hutchinson & Co. <■ In having buying or selling orders. The company plans to consolidate administration Orders 79 Locomotive Units— and engineering activities in the present location. Printing, warehousing and shipThe company is placing, orders for another 79 new diesel- freight Wing activities will be housed in a new 38,000 square foot single floor locomotive units, D. J. RUssell; President,'announced on Nov. 30» m building to be completed next Spring. The company has contracted Expectation ,.ls that the cost of the new diesels will raise to ap¬ to purchase land,, has .building plans completed,' and-.ihas let bids, proximately $215,000,000 the railroad's Investment In 1,342 diesel for the construction of this building. Work will start- as soon as locomotive;,units.^vrdered. since the end-of .World War 11/Mr. Russell title is clear. It is anticipated that this will be accomplished shortly. said. *;: : •' v A contract has been entered into whereby the building will be fi¬ The diesel orders will Include 57 units of 1750-horsepower each, 16 .1953. to * have shares record < . ■ engines.—V. 178, 1165. p, , . nanced by insurance company.—V. an 178, p. 2096. . Stock Placed Privately— 1 - The the of Dec. on 1 The L. by Life company Dec. ($100 1 The New York Life In¬ $2,000,000 and Provi¬ President. in in the of amount also sold 7,000 shares of 5.36% cumulative of which 6,000 shares were purchased par) New t. 1953 the to of end 177, 1954.—V. " 1990. operating income Gross •Net 9 Months Ended Net profit after Common Earnings per sales Net 276,613 taxes outstanding shares 1 1953 $9,997,429 - 758,000 $0.36 $0.32 —— quarter third the 1953 of 243,556 758,000 . share— common for - , contrasted On Sept. 30, $3,180,428 were the corresponding 1952 three months. backlog of more than $18,000,000 in unfilled orders. William W. Shannon, President, also announced that Servomechan- with $2,178,509 in the companv had a ftsms had industrial addition in Electronics products Canada Industrial Electronics of Canada, Ltd. manufac¬ electronic and electrical equipment.- Industrial acquired of turers Servomechanisms of lected American and European products in Canada. sold the parent income taxes) Shares outstanding common stock end of periods share.-—— income, taxes to company's lighting control and foil a a and net welder for of 5.2% income V% plant 'for the" production of petrochemicals has been company's already large refinery at Marcus Hook, Pa., this to Philadelphia, near stock correspondingly increased in the amounts $128,000 for the 1953 and 1952 fiscal years, re¬ the of Part Pa. . plant is now in operation and the remainder will be this month, C. H. Thayer, Vice-President in charge new later stream announced. manufacturing, industrialized Delaware River This most recent addition to the heavily Valley, it million 19 stated, was designed is the gallons-of -benzene, produce to mixed xylenes.—V. 178, gallons of annually quantity same of much as as and 15j toluene 2096. p. value to the Stone has Securities before bid Corp. fund sinking a 100.25, also for 4s. which calls for the provision prlncipa) amount of these bonds (94% $23,500,000 Award 100.51%. bid of a issue of sue) 8.46 liabilities— current to $25,- 4% series due by the group at competitive sale won was Webster ment 3.44 Net current assets per share $15.50 $15.79 Net worth per share $37.26 $37.87 Evidences of more normal conditions for the fiscal year which will end in 1954 are already at hand and earnings for the first quarter are expected to show improvement, according to Howard Kellogg, Jr., assets on & This 879,677 $0.72 134,285 $0.11 taxes share__ per bonds 110,652,789 108,755,031 - after Bonds Offered— — and accrued interest. 1973, at 101.379% 1, the Dec. 2 $ $ sales of 1952 1953 Co. first mortgage pipe line bonds, 000,000 Nov. 29— Gas Transmission Tennessee Halsey, Stuart & Co: Inc. and associates are offering Highlights— Spencer Kellogg & Sons, Inc.—Financial Earnings cumulative $15,000,000 added balance and by par profit shares . Sun Oil Co.—Builds New Petrochemicals Plant— million Net ., 1,075,338 shares of convertible preferred convertible preferred outstanding 1514. sale of $12,000,000 first mortgage 3'/2% bonds, 4.60% preferred stock and $6,309,000 of common company's stockholders under preemptive rights on a basis of one new-share for each 12 held. Internal' cash pro-vided the -balance of these funds. The company, received total subscriptions of 118% of the common stock offering, this being the 6th consecutive year in which Its offerings of common stock to Its stockholders have been substantially oversubscribed.—V. 178, p. 953. Net had 66,182 A public by offered stock $1,125,906 to of 5.2% cumulative series.—V.-178, p. on $2,000,000 corporation 42,563 shares and company nanced the 2 stock, 1952 of the Ratio—Current 1881. Nov. stock the foregoing the growth of the territory served continued at a rapid rate during the fiscal year covered by the report. Kilowatt hour sales increased 19% over the preceding year and gross plant and property increased 16% with construction expenditures of over $23,000,000 which were fi¬ Indicated As by $1,315,006 189,100 -..$1,237,895 privately sold stock, 5,06.9,177 3,521,549 $1.44 $1.64 reduced - $1,473,424 235,529 5,489,831 photo- Many of these have metal foils. 173, p. are r common and $585,000 were ^ 1952 " $8,026,628 2,767,756 1,362,750 90,000 ~ - ■ 90,000 ... of As 6,238,486 3,814,986 to at common per . stock has corporation common 6,709,739 Fiscal Year Ended Aug. products important States.—V. United the in other se¬ > Electronics' quick and easy splicing of very thin been of maintenance street automatic electronic well as those of in (est.) on-preferred " $9,631,212 .3,054,624 1,491,200 1 :/ five Institutions, $1,700,000 principal amount of its 5%"> sinking fund debentures, series due Aug. 1, companies. The Canadian subsidiary also .• Industrial of Two and repair the handle will as merchandise will manufacturing its to 1953 .... Income on earnings The spectively. 1952 $7,287,276 Federal; taxes Earnings applicable to common stock 1953 1952 $29,937,391 $25,416,178 12,722,004 10.607,336 revenues.' (before Fed. applicable ♦Earnings of Sept. 30— sales Net for Dividend Co.—Earnings Rise— Income applicable Servomechanisms, Inc.—Earnings— Net ' Fiscal Year Ended August 31— Gross •-*Federal ~ Provision (& Subs.)—Earnings- 30— Inc. <fc excess profits taxes contingencies— Fed. for Prov. Sept. sales____l__:i___'___ on Earnings before . Earnings 1906. p. Gross profit' Ended 2400-horsepower each, Southwestern Public Service $1,000,000:' *' York Life and 1,000 shares by Investors Selective Fund, Inc. The proceeds from the sale of these securities will •' be applied toward the financing of the company's construction program which Is estimated to cost approximately $6,385,000 for the period Sept. by Months 1968. of amount the Co. Insurance on stock preferred McClurkin, C. participating is Mutual dent P. of first 4% Co. surance arranged to borrow a total of $3,000,000 through mortgage bonds due 1983 it was announced has company sale , and six units of 1200-horsepower each, raising the railroad's total diesel horsepower to more than two million.,. Three-quaters of the freight on Southern: Pacific is^ now hauled by diesel locomotives, Mr. Russell reported. First 10 of "the new diesel units are expected to arrive this month, and air the others before next August/Mr. Russell said.—V. 178, units ']■ Savannah Electric & Power Co.—Bonds and Preferred Suburban Propane Gas Corp. Nine retire* of the is* maturity. --T— Co.—Opens Tool and Die Plant— (W. A.) Sheaffer Pen This company company's and fixtures as well special for as new business with the and die division will produce tool machines Sheaffer's own throughout customers for the nation manufacturing operation. About 24,780 provided in the new plant. operations have Just begun, the new division Is already Although producing for such Ford Corp., Electric Co. and organizations as Solar Aircraft Co., Bendix Avia¬ Motor Co., the Dexter Co., J. I. Allen-Bradley Co.—V. 178, Case Co., General 1990. p. President.—V. 178, p. 101.34% bonds will Ended Sept. 30, (& Subs.)—Earnings— sales Net - Profit from Other 194,658 $8,575,010 400.454 1,500,000 3,950,000 $1,373,487 $0.58 $4,224,556 $1.80 income Profit before Provision & for excess Fed. 32,301,733 145,780,515 107,456,651 57,736,156 taxes income • Based profit Number Earnings —V. --- capital, sharesper 178, P. on 2,350,240 shares outstanding at BALANCE INTERIM 64,300,000 12,200,000 27,000,000 44,800,000 13,470.625 share—_ 953. $2.28 81,480,515 20,101,738 .30,736,156 , - 13,470.625 $1.49 ; 13,470.625 $6.05 62,656,651 13,470,625 - $4.65 ; in system ASSETS—Current assets $37,566,499; assets and plant, $_2,866,187; state' LIABILITIES—Current 1973 liabilities 1953 Investment (at cost) $34,923,883; $81,505,506. (net) total, 30, deferred charges $15,000,000;--'Other long-term debt $4,032,577;-minority interest stockholders' equity $52,154,202; total, $81,505,506.—V. 178, : % 1060 and 1164. banks general to and funds the extent not so the company. of The used by the company in its and of City gas system direction are a natural gas pipe line Grande Valley of Texas and ex¬ across Texas, Louisiana, Arkansas, to a point in eastern Kentucky where the extends into West Virginia to a point Charleston, and the other branch extends across and New Plttsfield, near of operates and York Mass. to The the New York-Massachusetts company's principal deliveries made to subsidiaries of the Consolidated Natural Gas Co. Columbia Gas System, Other customers include a subsidiary,-Northeastern Gas Transmission Co., a pipe¬ England. serving certain areas of New t EARNINGS—Consolidated net income of the company and solidated $107,891; pp. the company's outstanding branch One Pennsylvania line owns Tennessee divides. wholly-owned, line due the to of by" The Chase National Bank of the other line begins in the Rio and natural Inc. $6,148,937; and other $10,210,836; 37'a%.-debentures, four northeasterly a the Ohio, Sept. 30, 1953. SHEET—SEPTEMBER payment held are and added be The Mississippi of inc. taxes income - •Net income per share Property Net on of the the to BUSINESS—Company system. near Net revs.__329,158,436 283,730,324 933,475,884 839,408,362 inc. profits $ $ w i other and Sales 1953—9 Mos.—1952 1953—3 Mos.—1952 Period End. Sept. 30— on recede redemption expansion program. tends long-term debt Provision for Federal taxes Interest (& Subs.)—Earnings- made at prices ranging be fund sinking proceeds from such short-term notes were $7,609,593 965,417 143,602 operations may prices which York will bonds proceeds to the company from the sale net applied notes New applied 49,282,331 2,819,613 $3,017,089 Depreciation expenses.. 17,695,258 936,586 $2,822,431 and administrative and amortization general Selling, of City 3 Months 9 Months $21,454,275 $59,711,537 1953— Total Shell Oil Co. be short-term Co. Stauffer Chemical Period the while par, to par. PROCEEDS—The 483. tools, dies, feet of floor space Is square tion new field of tool and die plant at Fort Madison, Iowa. opening of a $1,500,000 The 25 entered a Nov. on to 105.38% from of redemption Regular from was subsidiary- $18,812;303. ' for - the- 12-month ' " - period - : - ended Sept. , Its con¬ 30, 1953 i The Commercial and Financial Chronicle... 10 Monday, December 7, 1953 (2202) **'cries in series due 2%% 1966-.-- series due 1S67— 3% series due series due 1970. 3% — — -- — _ series due 1971 3Y&% —- 3%% series due 1971—— —- due 1972 3Ve% series 4*/«% series due 1973— 1973 series due 4% — — - — $29,337,000 32,450,000 S35.000.000 40,000.000 50.000,000 40,000,000 35.000,000 45,000.000 40,000,000 30.000,000 25,000.000 — 1969 3% due — 39,600.000 It. 30,000,000 2o,000,000 acres. - due 1954-1956—-- 2Vi% Cumul, in series 4.10'') series 4.25'' 5,265.000 2,235,000 4.64'a series series 5.25% series 5.85% series . ——— — —— t — •Additional . (par $5 >. in bonds securing 10,000.000 shs. — one series more or outstanding, the under issued be r.iay is $500,000,000. has company of UNDERWRITERS the -The of names respective principal amount set forth below: by each are the purchasers bonds of bonds and purchased the of severally be to & Inc. Adams C. A. Peck American Auchincloss, Kraus—_ 400,000 300,000 400,000 _________— Bulge & Stearns Becker & G. Co. Inc. 1,000,000 inc. Shs. Net Securities Clayton Courts value at 30 Day Dick 1,000.000 ler 500,000 & Schwabacher 250,000 Shearsor., Co Sept. & Merle-Smith sh.__— per sh.— $0.74 $0.74 $2.11 SI.94 $0.25 $0.25 $0.75 Hammill & 22.86 24,32 22.86 Sept. 31,984,000 38,408.000 31,984,000 38,408,000 — securities capital expenditures of Representatives oil have Nov. on Representatives Carbon Calif., activities "We for for Stroud Co.. Inc.— 500,000 lems American Corp.— 200.000 As 300,000 Thomas & Company.—__ 200,000 200,000 Van 400,000 1,000,000 lease "We the of that and area remain to result a in the Tide Water develop holdings in and meeting,. it annual fifth their Oil Co., plan to Atlantic the Associated Water the Refining Oil group's Period End. Sept. 30— from rev. _ was Co., Co., met the San at Saskatchewan oil Province is optimistic much for of development crow'n Profit before Prov. for & — inc. Fed. $18,417,233 $58,089,808 10,171,711 178, the of MISSOURI the by 9,600,846 4,453,000 profit Number 31,503.083 3,816,000 30,633,908 12.849,000 11,648,000 $5,784,846 $18,654,083 —V. $5,713,711 capital Earnings shares, SEC of shares SEC, 85% least the creased value Missouri its year which borders Light Co. Its transmission July property 3,340,000 3,340,000 300,000 covering at Nov. on $1 of the filed 27 shares share per $1.73 $5.58 oil be to Walter J. C. Ross, who Thompson died of Texas National Gasoline although prob¬ many Electric of item appearing have been under has Corp.—Correction— this published the information given heading under refers to in "Texas issue our Natural of Nov. Gasoline that company.—V. 178, letter a Mitchell of notification The Nov. Of corporation 24, 1953, stock, this offered for to are and be filed 134,000 sale by offered R"°ades & . Net will to by to for by K. <23,137 Dallas John only of listed as T. Rupe & business Son proceeds sale funds named are of on the as the the of facilities number Oxley, of Rupe 62,350 of the as pos¬ additions The the company 134.000 shares record only" "of record (18.7% record of and only" record Loeb, 166,400 and stock 10 (par Securities, centsi Inc., the be to York. New program (Excl. of common has in five a Sept. stock the to 17 change in¬ with authority county subsidiary, its and with service Missouri Electric Union bought an Inc. a to area Power system & six at additional 10.800 shares of $1,080,000. This represents for (& Leased Lines)—Earnings— accounts offsetting between the 19o3—Month—1952 companies) 1953—10 Mos.—1952 s $ s Railway oper. revenues 49,655,141 52,407,821 443,184,998 426,650,228 oper. expenses 34,517,744 34,964,845 334,141,108 321,022,720 from rev. Federal railway v Other 5,500,000 38,700,000 40.400,000 2,048,707 25,976,227 25,506,575 2,802,284 2,215,124 19,700,766 14,579,144 4,382,773 5,729,145 24,666,897 25,141,789 2,902,494 2,931,814 29,309,330 27,707,259 2,118.025 547,155 8,427,642 5,469,017 9,403,292 9,208,114 62,403.869 58,318,065 449,752 taxes 7,450,000 2,452,340 taxes— 461,155 4,503,915 4,633,053 8,746,959 57,899,954 53,685,007 rents Equip. & jt. facil. •— — and Mfg. for the director Ray Mr. Co., of President unexpired succeed has Lester been Clarke, •Income Mass., subsidiary, a of Income Mr. (neti— investmts. from other and and oil from opers. gas elected Russell N. term : trans¬ from portation operations to Nichols B. Thompson. Westfield, inc. 17,442,976 109,043,890 105,627,508 15,137,397 income (neti sources Ross.— Total 858. Fixed corporation Nov. on covering. 2,400.000 —12 Vu cents Tellier & 25 shares share. per filed of Park, N. J.—Files— income & letter a common Proceeds—For of notification stock (par working Co., Jersey City, N. J.—V. 176, p. one capital. with cent). Net other charges 8,953,540 •Excludes Income •Taxes before Underwriter— 1953—9 Mos.—1952 $10,180,123 $33,117,059 $31,597,763 income Minority income Gross Operating -.1,826,733 1,377,638 4,444,759 4,759.383 1,250,352 900,400 2,973.995 3,222.000 12,750 12,500 Other $576,381 income on $477,238 $1,458,014 $1,524,883 Net $0.96 $0.80 (est.) interest " ______ 1822. (& Subs.)—Earnings— Car Co. from operations $20,269,129 $18,594,013 — 12,123,895 operations from (less deductions other 11,236,056 $8,145,234 expenses income Net 1952 1953 © Months Ended Sept. 30— .1953—3 Mos.—1952 $12,614,901 — p. 1967. (& Subs.)—Earnings— Period End. Sept. 30— sales Net 178, taxes.—V. income Union Tank Trane Co. all from income •ources the Price Net Net income. income per share— current Total current holder shares "of bene¬ and Rhoades & Co. (24.8% ), 125,425 respectively), $2.43 $2.54 16,212,886 6,479,427 assets 17,502,451 6,514,866 11,023,024 Total $7,357,957 1,094,440 856,291 $7,050,794 $6,501,666 2,098,973 2,317,936 income' capital Ratio current __ of •Including assets excess of current 2.49 profits liabilities— tax.—V. 178, 764. p. of Inc., at $22.75 per share, of 35 cents per share.—V. 178, with p. dealer's a discount 2097. Federal on taxes on income income account on 1.083,lo7 $2.88 — income Net $3,100,573 $3.16 of cars 1,551,032 $3,400,739 amortization share per 2136. 178, p. Mich.—Preferred Stock Co., Detroit, Mich., and Nov. 17 offered to residents of Michigan an Union Telephone Co., Owosso, Lerchen Offered—Watling, associates on ($25 & shares of $1.44 cumulative preferred stock issue of 40,000 at par Twentieth Century-Fox Film Corp. taxes other and S. Deferred —V. and shares. U. Earnings Transcontinental Gas Pipe Line Corp.—Secondary Of¬ fering—A secondary offering of 4,000 shares of common stock (par 50 cents) was made on Nov. 10 by Blyth & Co., taxes— before income 9,698.020 2.70 liabilities- ; Son & beneficially" 18.6%, 34,075 shares); Rupe the to are (25,774 as "of M. blocks Dallas listed and i Carl Oxley hold "of (9.3% and is eon (8.5% ). "of respectively Oxley holds & largest President shares); shares shares holder The 25. Tulsa, (25,774 Mary K. elected p. Working T. required on construction and facilities. sale be to company, well as shares 75,000 current facilities, plant the last, elected succeed to Westfield taxes of the of plant or gasoline the the storage Dallas of the shares, T. from completion Tulsa, 57,275 and 124,700 of stock plant of over $4,500,000. Last $1,615,000 and it sold over 50 mil¬ customers Energy, Period End. Oct. 31— stock. outstanding corporate the stockholders Oxley, ficially general new part SEC m existing shares). aecord John of the common par stockholders. sold John no selling Mary be underground company's selling is the with $1 and are to be while the remaining shares Issuer, The public offering price supplied by amendment. Carl M. the company finance acquisition The now its thereof, to and the new receive be to part the will by are Co., to added in program sible sale of underwriters. proceeds be used are holders terms statement shares shares the for underwriting principal 209,000 the been Trad Television Corp., Asbury Corp.—Registers With SEC— registration a covering of Electric incorporation. This of equity capital required under the expanded of Electric Energy, Inc.—V. 178, p. 1165. operations with 30 SEC Natural Gasoline stock. Union Corp." 2096. p. been 177, The Texas a portion Union Pacific RR. oil discoveries out used to pay for new equipment, etc. 14, Vice-President of V. The effect to and were Electric Union 31, stock construction concluded. group—seven common through has Nov. President as required shares of each for A maximum discovered Torrington Co.—New President Elected— $5.68 Executive should exchange to points. company's Net 3,340,000 $1.71 1906. p. ETC.—Acquisi¬ by Union Electric Sept. 29. In ac¬ subject to approval by offer by holders of at the company shares. connected is also shares of Electric Union on be exchange common which 14,000 system longer parent 10,500,000 revenues has It Co. proposes will additional number to has Edison of value common stock is the articles of share per operating hours. kw the A. $10 10,300,000 STOCK, Electric par stockholders the aggregate of from issue, common F. change in a CO. stock Edison the for the that Commission transaction Missouri provide SxO Electric the exchange, S. Union of no the company with stock of Missouri Edison Co. acceptance to the The the parent, Missouri Edison its the of order In Union of 1953, of the purposes. P. stock, share of one $1.26 Jan. 20, Railway The net proceeds are to be $18,985,908 3,340,000 share per 177, $12,980,767 $1.28 on income its EDISON the Missouri company's seven-tenths 87,500 $0.30 Co., tax stock of common the American , Net 2,164,187 ; under the plan of liquidation and dis- company income OF authorized held 574. p. corporation oifered taxes . 2,164,187 $3,165,297 $13,192,691 $0.32 of consolidating ACQUISITION Titanium Ores Corp., Silver Spring, Md.—Files— The $55,522,285 income profits exc. 1953- -9 Mos—1952 1953—3 Mos.-1952 taxes 541,047 Inc.—Earnings— $18,721.613 _ this North Federal was pro¬ lands Saskatchewan," more future the Menken Mr. activities and of acres exploratory and development wells drilled—the group authorized continuance of 1954 of an aggressive exploratory and development pro¬ gram. Nearly $18,000,000 has been expended by the group in Saskat¬ chewan exploration and drilling from its beginning in 1949 through sulphur — of The for company Net sales 4,824,151 $15,144,954 107 1953.—V. Gross 5,550,529 announced. there solved," 1953 the in exploration million group, that are be of the nine reservation or convinced are explore to days of 400,000 Texas Gulf Sulphur Co., in combined companies continue to holdings in 2096. privilege the On decided our 100,000 p. stock of has par Tide five Co.— 178, common and and & Alstyne, Noel & Co. Werthelm & Co 1,211,125 partial distribution to the public so.ution 1954. have on Co. Walter —V. the to exchange. Ohio of. the Columbian 250,000 Haupt & Co Heller, Bruce & Co Due lion Menken, Chairman of the Ira 27,812 $3,703,314 $15,356,878 $3,203,464 the made 30. unaer & 80,693 » surplus complete group 400.000 Swiss 541,047 29,035,000 concluded 750,000 l.OOO.OOo dividends..— 32,440,000 four the operator Saskatchewan 400,000 Inc.— 1,566,633 9,884,000 Four-Company Operating Group Plans Continued Oil Co. — 2,161 $4,917,469 $20,907,407 $19,969,105 33,844,511 of Exploration in Canada— Co.— Co. deductions™ authorized & Son, 27,414 $5,411,144 _ ______ income—______ etc. effect & & income— income 10,300,000 shares)—_ ( tax Brothers & 69,036,533 $19,941,293 88,624,000 to statutory taxable net 1953 resulted in a substantial decrease of estimated accrued in comparison with the third quarter of of Smithers Hallgarten 78,402,110 91,949,000 adjustments income S. Gregory 17,533,515 $4,915,338 $20,826,714 88,624,000 income Stern Stokes 19,330,245 $5,383,730 12,534,000 __ F. Ellis & Anderson Int., taxes 91,949,000 100,000 Green, 1953—12 Mos.—1952 income & exp. operating quiring 150,000 .. Operating share of $5 par value common at 30 quarter gram Co. (& Subs.)—Earnings— 1953—3 Mos.—1952 Operating revenue:;—- $25,213,975 $22,453,823 $59,228,824 $88,977,326 tion at Fauset, Steele & Co. Co 2186. p. Union Electric Co. of Missouri $0.75 24.32 sh. Freeman & 1,000,000 12,793,618 30 •Certain 200,000 Co.____ & 30 12,793,618 — working at 24,823,000 12.793,618 per and gov. Cash Net 27,043,000 Francisco, 1,000,000 177, Period End. Sept. 30— & 9,473,000 Sept. per declared Sept. 250,000 Inc 1953.—V. S $ $ 12,793,618 announced Robison-Humphrey $4.53 giving effect to $587,713 tax refund claim. tBased in all on 1,771,206 shares ox capital stock outstanding as of Sept. periods 30. $4.30 Balance for com. divs. 9.452,000 — earn, Book Associated F. 150,00o Corp. Co & L. R. (est.) at outstg. Divs. 100,000 200,000 Rothschild & Co.. Salomon Bros. & HutzL. 1,518,193 Net 104,003,000 350,890,000 320,138.000 108.659,000 91,463,000 318,724.000 289,699,000 523,000 *. 3,067,000 5,123,000 5.611.000 etc.——— tax income Net third 100,000 inc. Co., Blair, Rollins & Co. Inc. 1,000,000 William Blair & Co.—400,000 $8,123,600 1,771,206 $1.74 118,634,000 Exps., Costs Federal & Chris- Writer Co., The $7,612,102 1,518,198 Earnings per com. share & tensen, Inc. Raffensnerger. Hughes &i 1,000,000 Co.___ & the oEC at 8200 400,000 ——: Peters, & $3,094,963 $1.59 Gross 1952.- Copeland Kendall. Inc. 100,000 & Co. Parker $2,461,655 1,771,206 1953—9 Mos,—1952 1953—3 Mos,—1952 30— income 400,000 Hanseattc York Corp, Williams & Co._ Redpath Baxter, A. Patterson, Securities Robinson Aspden, New - Mackall & Coe • (& Subs.)—Earnings- Oil Co. Associated $ and ' 150,000 Illinois Co The 200,000 I <*-.«-A 18,325,041 Net profit capital shares. (Earnings per share Springs, Calif.—Files— Ranch, Palm Period End. Sept. $400,000 Co.__ 750,000 Inc;_ Corp. Bear, & 950,000 & Allyn & Co., Ball, Hirsch Co. .$6,050,000 $69,058,310 non •10,201,441 Preferred Capital Stuart Halsey, was in to conditions A/» 1 16,106,232 8.494,130 Net Tide Water options certain per 1 The company on Nov. 19 filed a letter of notification with covering 1,000 shares of capital stock (par $100> to be offeied per share, without underwriting. « •Fed. effect a restricted stock option plan for the officers arid key employees of the company, designated by the board of directors, for the purchase of an aggregate of 240,000 shares of common stock. Pursuant thereto, options for the purchase of 240,000 shares of common stock have been granted to officers and key employees of the company. As of Sept. 30, 1953, options for the purchase of 10,320 shares had been exercised and the remaining 229,680 shares are reserved for issuance. tThe ■granting /? 1 •2,976,441 574. p. 1953—9 Mos —1952 $73,068,197 4 A4 6,071,404 2,289,207 Non-operating the subject to the restrictions contained the presently authorized series remain principal amount of bonds issuable under such total 178, scheduled to stait completed well is approximates $6o.000. No. the and acres, The total cost 30. Nov. 160 covers bonds the income £1/1*71 4.750,862 taxes lease Bruce Thunderbird As long as any bonds of mortgage under and lease bv 100,000 shs. 100,000 shs. 100,000 shs. 100,000 shs. 100,000 shs. 100,000 shs. 100,000 shs. 9,395,760 shs. —— ... tCommon stock mortgage covers 320 acres. The second well is Ute No. 1 Fisher, Clareton Field, Weston County, Wyo. The The J29'999 S£S' ------ - — for *7QCO A o taxes a Wyo. Fisher —V. —— series therein. and has 1,000,000 shs, series 5.10% Prov. t inc. 160 County, J9.473.000 series 4.65% approximately 430 on of 320 acres and 23,100,000 -——-— 4.60'" and gas leases separate tracts oil two and Ute Royalty this company that 27 Nov. in is acreage 20,000,000 issuable (par $100), stock pfd. This on acquired jointly have Tex oca. 1954-1956-—— due in/> before Corp.—Earnings— 1953—3 Mos.—1952 $26,000,919 $23,261,549 _____ rt Profit one-eighth overriding roya.ty reservation. These tracts are located in Weston County, Wyoming. The first well is Texota and Utc No. 1 Bruce, Clareton Field, Weston loans— 2% announced was Corp. 15.000,000 4,425.000 - — —— sales Net •After 25.000,000 25,000,000 20,000,000 ——— - - 1973--— due Bank 1966. .: due 1971. 5% & Paper Period End. Sept. 30— letter a Co.—Acquisition, Etc.— Oil Texota acres, 47/h'a filed 23 Number 36,950,000 32,990,000 Tiphpntiirps—— 3Ve'/' Nov. on SEC issuable mortgage pipeline bonds •First Union Bag With SEC— of notification with the covering 85,320 shares of common stock < par one cent > to be offered at the market < estimated at 45 cents per share > through Rar~ rell Securities Co., New York; Alexander Reid & Co.. Newark, N. J.; and others. The net proceeds are to go to Harris T. Smith, VicePresident of the corporation.—V. 178, p. 1573. corporation The Outstanding Authorized Corp., Ardmore, Okla.—Files Texo Oil PRESENT FINANCING TO EFFECT GIVING CAPITALIZATION per share).—V. 178, p. 670. (& Wholly-Owned Subs.)—Earnings Increased— Texas & Pacific Ry. Co.—Results from Operation— Period End. Oct. 31— Operating revenues 1953-rMonth—1952 $7,198,121 $7,519,221 Operating' expenses Hallway tax accrualsEquip, rentals (neti Dr) Jt. fac. rentals Net ry. Other JMiscell. 786.493 987,838 8,837,029 252,583 278,499 3,807,864 8,159,384 2,601,926 107,625 236,327 21,984 income. $1,046,465 deductions 100,440 — 9,746 $1,146,905 -- 6,504 257.920' $1,509,485 510,603,672 $10,239,539 101,639 1,195,872 1,298,837 $1,611,124 $11,799,544 4,905 -*'82,115 .'»270,118 2.840.283 $lf,538.376 80,292 2.697.506 fsr income 178, p. 39^Weeks Ended— Total $882,481 1822. $1,336,101 $8,760,578 before Provision —____ income for. Federal $80,384,067 $71,965,721 taxes 2.483,037 income taxes— 1,050.000 : 1,235,611 Cr4L657. Union Wire Rope The earnings per •Restated. tions were $1,433,037 common share $0.52 t$l,277,268 ' $0.46 (Exclusive of special credit of $1,077,755 in 1952 resulting change in accounting procedure of consolidating foreign opera¬ $1,491,715 of earnings of domestic theatre subsidiaries which separated on Sept, 27, 19p2. (59.476 filed corporation Nov. 27, shares Net Earnings Corp.—Registers With SEC— a registration statement SEC the with 1953, covering 21,000 shares of its $5 par capital stock. outstanding now are shares) of Mahlon G. and constitute part a on These the holdings of President, and Gen¬ Ensinger, Director, eral Manager. According to the prospectus, P. W. Brooks & Co., Inc., New York and NOTES—The net earnings tdr the third quarter ended Sept. 26, 1953 to $1,274,728 as Compared with $1,122,864 for the third quarter of 1952. amounted underwriter, proposes to purchase the 21,000 shares from Mr. for reoffering writing terms to the are to public. be The supplied public by offering amendment. price The Ensinger and under¬ company will • The made $9,077,146 Sept. 26,'53 •Sept. 27.'52 income Profit from charges Net -V. 4,733,653 (netDri income $72,879,363 $68,650,979 49,633,173 47,413,803 5,090,596 income Total Fixed oper. T953—10 Mos.—1952 outstanding receive success of in this CinemaScope and the \first two pictures system, "The Robe" and "How to Marry a Millionaire." indicate that earnings in the fourth quarter of 1953 will show a marked improvement over the third quarter earnings.—V. 178, p. 1990. were no part of the proceeds of such sale. 600.000 shares of stock issued and As of Nov. outstanding.—V. (Continued on page 53) 1, 1953, there 177, p. 2294. Volume 178 Number 5279 The Commercial and Financial Chronicle ... ( DIVIDENDS Dividend announcements tables. In nounced the first grouped in two separate are indicate we all during the current week. the Then dividends we an¬ follow with second table in which we show the payments previ¬ ously announced, but which have not yet reached their a payment date. Laboratories, common When Payable 4% iJ. 2 1- 2 12- 2 12- 9 Insurance Co. Ahlberg Bearing Class A Co., 1- 2 1- 2 12-11 1- 2 12-11 1- 2 1- 2 12-19 : 12-30 Ry. American Agricultural American Bosch 5% % is-a»—j Chemical Corp., 5% preferred Extra Enka American Felt preferred Post $2.80 Insurance Y.) (quar.) 2 fc Nitrate, 1- 2^ 12- 7 12-15 12- Class (J. 2 H. > 1-15 < ' 1-15 12-31 at 4 12- 4 Crown Central 50c 12-15 12- 4 Crown 12-15 12-10 11- 2 4 •7% 12-10 7% 12-22 1- 4 1- 7 12-15 1-20 12-30 7% Dan De Corp. Bankers 4%• Co. 5%% pfd. (quar.) Co.. (stock Bausch Extra Y.) Inc. 2. (quar.)___ — Power Electric 2 12-15 2 12-15 — t — 2 12-16 Detroit Edison 12-30 12-10 Detroit 2 12-11 12-11 Diebold, 4% 12-18 12- 9 2 12-15 7c 12-28 12-14 1-15 12-21 1- 2 12-15 1- 2 12-31 Dodge 1- 1- $1 1-15 1- 2 1-15 1- 2 2 12-15 12-15 4% 2 12-15 12-15 15c 12-17 12- 20c — Inc., Co., prior preferred Investments 37 %c (quar.) com. (quar.) — Ltd. _____ Corp. Byrndun Corp., class Common Common class , Co. Cement Calaveras : from Campbell — — Bakeries, Bread Starch Extra Ltd. Co., Ltd. Canncrs, Food "B" Common (J. W.) L) Co. preferred Castle & Celtic Knitting Centlivre 1-2 12-15 2- 12- Ltd. Ltd. Cooke, Co., 1-15 12-31 Common 12-15 4%% 5c 12-22 12-15 Felt 1-10 12-10 Fenton 1- 12-15 12-15 Fibreboard 12-11 Fidelity 12-18 8 Co. 12-18 12- 8 12-18 12- 8 12-18 12- 8 Fifty 12-18 12- 8 Food $3.50 12-18 12- 8 Foremost 198c Brewing 2 12-11 1- 12-21 12- 7 12-21 12- 1 1-11 1- 2 12-10 1- 2 12- 8 1- 2 12- 2 Franco Fresnillo Less ing 6% 75c 1- 2 12-11 iquar.»__ 2 12-14 12-29 (quar.) 5% 5.25% 2-15 2%% 12-31 12-17 37%c 12-31 12-15 15c 12-30 12-15 2- 2 1 1- 40c Inc., net ' Corp. of 5% 4%% of Supply, Co., General 12-15 1- 5 12- 12- 12- 12-22 12- 9 28%c 34%c 31 %c 12-31 Inc. (quar.)_ 4 12-31 1 1- sales Corp. pfd. . 12- 4 4 1-15 1- 4 1- 25c 1- Realty & Utilities Corp. (quar.) Telephone Co. of Illinois— 5 12-15 1- 5 12-15 5 par) 1'S 12-15 12-11 1- 4 12-11 1- 4 12-11 12-30 12-15 1- 2 12-15 1- 2 12-15 1- 2 12-11 12-11 1- 2 1- 2 1 1-11 45c 1--15 12-31 31 %c 1-15 12-31 $1.25 1-15 12-31 (quar.) — (quar.i (quar.) $1.25 com. Inc., (s-ai :___ & 12-24 1- 2 12-17 1- 2 12-18 75c 1- 2 12-18 J25c 1- 2 1- 4 12-17 f50c 12-28 12- tl2%c 12-31 12-10 12-31 12-10 25c priority Ltd. shares (quar.) Ltd.——___ Co.. Paper Ltd., class A Lake Mines Gold Rubber & —_ (s-a 1 12-18 1 4 +5c (Seattle) & Mfg. Co.., 12- 12-23 12- 4 1-20 1- 4 12-15 1- 2 12- 1 50c (quar.i __. 12-23 40c --— (quar.) (quar.) Corp. Cement Co. — Co. (final)— 4%% pfd. iquar.)— 25c 50c $1.06% 31%c 1- 5 12-31 12-18 12-15 12-15 (quar.) 12-31 12-11 12-31 12-11 1- 2 12-11 39c 12-24 12- 1 27c $3.50 —— 75c $1.12% (quar.i—_ Investors 12-24 12- 5 12- 12-31 12-31 12-11 Fund, Ltd., Trust— income Real Estate tl2%c J$1.50 common (quar.) 15c (quar.i— — (quar.) Co. 10c 88c Cement — Stock dividend Mercantile Stores Co., Steel South Tube 12-16 12-16 12-16 12-16 12-17 12-17 12-17 (extra ) Products Co.— Inc — 15c 1' * 12-21 60c 1- 2 12-21 1-4 12-15 60c 12-18 12-11 25%. Tf Inc. Utilities, 12-11 3c (quar.i Portland 12-28 12-11 *2-31 1- 4 — Co.— G.) Mfg. 1- 2 1- 2 1- 2 1- 2 12-28 40c (quar.) (quar.i—— - (Arthur $1.50 $1.37% $1.25 25c 1?"3o 4 11-23 — preferred convertible Machine Extra Middle 12-11 50c 25c common preferred Tire McKlnney ^ 12-11 $1.06 Inc., Company, common Michigan . 5 2- iquar.)__ preferred 12-21 1- 15c $1.13% 1- $1.25 (quar.) Bloedel, Field Z~ Medusa 1- 3 3 $1.31% • 12-15 12-15 1-15 2- 3- ,— (Ky.), com. Sens, investment McKay tlOc 12-16 1- pfd. (quar.) capital gains from of securities and 13c from invest, inc.) $3.50 12- tlOc —.___ (s-a) 12-11 2-, 1 $1.31 % (quar.) A gxtfa 12-15 2 4 12-30 25c ; preferred (quar.) 5%% preferred (quar.) 5% preferred (quar.)— McCrory Stores Corp., common 12-15 2 8 12 %c 6% McKee (quar.): 2nd (quar.) McBee 25c . 12-11 Participating 25c (quar.), 12-18 J:12%c & Massachusetts 8 Corp.— preferred 5.25% pari A preferred From 12-15 2- 12- 12-11 25c C (quar.)__ Light, 4.9G% & Power Massachusetts 12-15 12-15 12-22 12-21 (26c from long-term 87%c 25c (quar. 2 J2c 4%% 12-15 1- 1- 60c Massachusetts Investors Growth Stock 12-17 12-31 11-30 tl%c (quar.) (quar.) Bancorporation 55c preferred convertible■ preferred pfd. Extra 12-15 12-31 12-10 5 96%c (interim) Maryland Drydock Co., common 8 12-31 2 80c Publications, Red Marshall 4 1-22 12-18 12-10 1- 12- 37 %c ; ($100 (M.) Marlin-Rockwell Inc. 12-21 $1.50 25c Extra 4 20c pfd. 37 %c — B Madsen 12-15 common $3.50 Ordinary -(s-at General 2 37%c 5% preferred iquar.) General.Petroleums of Canada, Ltd.— 12-10 1- 12-15 12-31 1 convertible Class Maxwell, — capital 20c ($25 Corp,, MacMillan 12-15 37%c (quar.)__ Industries, $1 12-10 2 8 10c $6 participating preference (quar.) Paint 12-10 1- 11c (quar.) common from 1_ 3.85% Co. participating $1.50 12-15 mak¬ 10% (quar.) Instrument 2 2 50c —_——— Co., & Corp., 1st 2 1- $2.20 tax 12- • Electric preferred Macfadden 9 9/10c per share. of (Juluis) $1 2 4 J 15c Ltd — General 1- 12- 12-15 50c Co dividend General 1- 12-15 12-31 35c iquar. 1 12-28 stock. or (quar.) preferred Lowenstein Marquette 30c 56%c Canada, 12-12 1- 12-10 50c ___ — Co. 12-12 $1.18% 12-24 75c iquar.i 12-15 $1.12% 30c ____ 59%c Co & Power preferred Marine (quar.) Controls A 4 1 12-15 common Ltd. Lighting, 5% 12-15 12-10 12- 12-31 Corp., class A preferred (quar.)__ preferred Mansfield common Foods 12- 12-30 Field) common Oil 12-15 12-15 2 <quar.)_ Inc. (quar.) Louisville Gas & 5 from (quar.) Chemical 12- 25c Building 12-10 40c derived — & $1 (quar.)__ 12-11 2 1- 14c Co. Sons, Participating 12-22 1- income) (year-endl Brewing Louisiana (year-end) Marshall & preferred 12-11 12- 12-10 12-15 (quar.) Chain Island 12-14 Inc (see 2 $4.75 Star 4 1- 1 60c Extra Inc.— 1 year-end Inc. 2 Class .___ Lone MacLaren 1- 12-12 12-11 Mailman 1- 12-23 12-21 9 25c 10c Locke Steel 9 $1.75 — 12-18 1- Extra Electric 12-18 4 12-24 —■ cash 7 12-15 1- 50c (from Fund, 12- 1-15 20c 4 1- 12-18 12-16 12-18 60c 1- 4 12-16 4 43%c (quar.) convertbile $1 4 1- t43:%c Extra 1- Builders General 1- Corp.__ 12-18 12-15 1- 25c Mines, Co. 1-30 preferred 131 %c 12-15 Link-Belt (James) 1-80 preferred General _ 1-12 12-10 Dufault Lees 62%c preferred General 50c 12-18 12-10 1-15 $2 Lake 12-31 ;—__ Co., net a General 12-14 1 1-15 —— Stores, Co. 4%% 12-11 12- 1-26 12-15 1 Long — Garfinckel 2 12-11 5 5 12-15 1- t60c common Extra 212- 2 12-20 $1.25 payment Co. Co. Lipe-Rollway {quar.!— (s-a) Oil-—-, Cotton Steel 9 Mexican 2 60c Laclede (quar.)— Inc. Inc. Ltd., Co., Wheel Kingsburg 1- 4 10c Inc.) Co Laclede-Christy 12- Wyoming 1- 12 %c Kelsey-Hayes 12-15 $1.65 12-10 15c (from (quar.) Sugar 50c (s-a)— above Coal 12-15 — 12- 1- 2 5c Inc. Boston payable in preferred 12-31 preferred 1- i $6 12-9 Dairies, Burt 75c ; the Creek 12-31 Inc. — Foundation 7 2- of 12-29 2 8 6c Mills Management 12-29 1- 12-11 12- 1 12-24 (quar.)____— 7% preferred (quar.) of Trust gains, 10c 20c Cleaning & Dyeing preferred 150c preferred (quar.) preferred (quar, I preferred 12-11 38c Island 12-18 1-26 1- 12-15 Co. Hosiery Investors 12-15 25c (year-end) Broadway 125c Ltd. is-a) <fc 162 %c 12-21 Investment 5c Common 20c 8 15c Machinery (quar.) (quar.) Hudson Gas 12-11 12- 12-18 (Marshall) (quar.)_ (quar.) Ltd Co., 12-21 12-18 4 Products. income) Ltd. common pfd. and accumulated undistributed current Foote Interstate (quar,)____—$1.06% Mfg. Co. (quar.)—— 20c Fund. 12- 12-14 8 (derived entirely & Set Screw Co. Ferry Cap A com. pref. 7% iquar.i Shops United 2 12-12 12- 20c (quar.) 1-2 151.12% (quar.) (Seattle) ___ Department 12-26 2 12-18 5 12-10 12-11 12-28 Co. (quar.) Silver, 75c — ____________ income 1 Inc. Tarrant Co., Shoe preferred 50c 1- preferred 30c Extra & Power International 2- 12-10 12-22 12-28 12-31 (year-end) International 5c 12-22 12-19 Steamship 12-29 32%c $1.75 75c 12-22 12-11 ___i_rJ.—______ 12-18 2 12-10 tl2%c 1-15 1- 12-10 12-22 Ltd. 12-29 12-15 — Inc. Bake 5c 20c 7% 12-15 is-a) Airplane Corp & Co Foods, 6% 1 2 7 12-30 12-22 (extra) Fund, Certificates, International 1 12-15 (Calif.)-- Corp. net Frocks, 5%% — Mfg. Co. Fanny Farmer Candy Shops, Field Interlnke 75c dividend 12-31 150c — 5•% Mfg. Stock Fearn 12-15 12-15 _=, Fund, Inc. Engine 1 2- Ltd. (quar.) Ltd., 9 1S3 (quar.) common Fanner Extra 4 1- 12- 13c Inc. Insuranshares 1- 2 of America common.— Williamsport RR. Fashion 1 132c (quar.) Industries, (J. 40c 1$1 a Products, Co. (quar.) (quar.) Wcstlnghouse Mills - (s-a) Ltd. Products, preferred Canadian B i Co.. Canadian Canadian Silk pref. 5% , Bronze Cannon : — Co., Canadian 4%% 12-10 20c — Canadian 12-30 35c Inc. Quarterly Extra 7 Institutional 12-15 2 7 12-11 $1.03Va Electric Shares 4 2 7 60c (quar.) 1- 1- 11- J75c (accum.)__— A (quar.)__ (quar.) Gasoline 25c ordinary $1.50 —.— (initial). Associated Taggart 1- A 12-18 1- Emery Air Freight Corp. 2-22 Class 1- 15c Consolidated Products Fairchild Michigan Institutional 1 1 1 15c preferred Kekaha — class Inc. Inc Inglewocd 1- __________— Mutual Ltd. Co. (Harvey), 12-23 50c 467/aC 517/ac Quarterly & Felt 2- 2- 25c (quar.) ____ 1-11 2J 1 8 50c (quar.) par) of Texas 50c ,__ 12- Ingersoll Machine & Tool, Ltd. 8 2- ($25 Year-end 12-22 2-15 12-18 62%c 31%c (quar.)_. ($50 par) Co. 1-11 40c Extra 4%% Calgary Power Ltd. 5% redeemable preferred 12- preferred 25c (quar.)— Products Electrical $2.50 — 12-14 12-22 common Electric Controller & 25c participating 12-30 t40c Electric Auto-Lite Co 25c participating preferred (s-ai partic. preferred (s-a) non-cum. partic. 2nd preferred (s-a) Indiana 12-18 12- 12- 12-14 50c 25c (quar.) common Incorporated Investors 12- 1-15 preferred 25c 25c $3 non- cum. 12-10 12-15 15c Emerson $1 —_ 12-21 Common 145c ______ Hunt Brothers 15c — 12-10 5% J35c preferred is-a) Co. iquar.) prior Federated (quar.)____ common—————. A_— :— A 6% Edgar 125c Y.) 12-21 25c Paper Corp., common Elmlra 110c iN. Hubbell (quar.) (quar.)__ Natural Gas Co.— preferred 5.20% Federal Power Corp.— (initial): Hubbard 15c 50c preferred Electrical Ltd.— Products, — — Co., Tennessee Eaton 12-15 11-23 6% Buckeye Steel Castings Co Building Products, Ltd. iquar.) 5.25x 2 5 receipts dep. Amcr. Borough Gas Co.— Shoe Co. (year-end) 4.75% 1- 12- payment Brooklyn 4%% $1.37% by — Central 5 1954 in Canadian funds. Subject Extra Carter 12- share outstanding each ord. Ordinary (interim) Columbia Forest Canvar 12-15 12-24 Light & Power ccm stock <l-20th of an ordinary share and British Canada 8 Traction to stockholders of a by-law of stock dividends at a special meeting to be held Jan. 61 Bridgeport Gas Light Co. iquar. 1 __—. Brillo Mfg. Co., Inc.----— —— Canada 1- 7 25c -— ________ 12-10 12-10 Extra Cor¬ 1 quar. I (quar.)-—1— Extra 4.15% East Corp. 50c Elastic Stop Nut Co. approval) Mfg. Co. Decker Corp. Light Gas 12-31 12-15 4 12-11 25c 37%c (quar.) (quar.) Co 12-31 6%c 12- 12-15 12-22 Telegraph Co. of Virginia 12-10 Fund. II-30 25c 60c Co common preferred 12-31 9 12-15 12-31 12-10 & 5 12-16 2% preferred iquar.L preferred (quar.) A 1 12- 12-31 25c 3.75% Duquesne class 12- 12- 12-12 1-15 12-15 Dryden Paper Co., Ltd 2 12-29 of Stock Sugar 12-18 12-18 1-15 2 4%% 1 50c 50c 20c 22%c 43%c 12-30 12-31 12- 12-18 25c Natural : 1- 50c Brown Mfg. Houston 5% Extra 1- 12-22 Industries Hoskins 12-16 12-23 2 12%c 30c Manufacturing Corp. (quar.) Glass Co., Ltd., 7% pfd. 1- 12-30 British 12-11 $5 12-18 1- 18c 12-30 28Vac 12-15 40c 2 ■ Semi-annually Foods. 12-15 1- (quar.) Corp., Oil 12-15 12-31 common convertible Houston 1-15 12-31 25c 12-21 Y 12-14 15c Sugar 12-15 Corp. Radio 12-15 2 5 12-15 1-15 1- $1.25 (quar.) (quar.) Bartlett <fe Home Telephone & 7 12- 2 15c : 2 ._ 2 1- 5% Columbia Holly A 20c Growth 11-30 12-15 Inc., Co., & (R.) Class 15c Douglas & Lomason Co. iquar.). Dragon Cement Co. (quar.) $1 com. N. 11-30 12-10 20c $1 (quar.)_ of 12-15 25c — (quar.) $1.07 Dominion Steel\Foundr.v A common 6-16 Hoe 5% 12-14 Oil Co. 1 sT&e-k_divil (Subject to Calif. Commissioner New 2 dividend 50c (quar.i— Bishop Quarterly 7- 1- 12-1& Co Publications, 92 %c 12-15 12-10 British Hoffman 12 %c — 1-15 ; common Ilibbard, Spencer, 5% 12-17 12-10 25c 75c common Corp. 12-11 9-15 2 12-31 Ltd 30c 2 12-15 CelaneSe, 3-17 Corp. Diversified Co.. Motors 2 5% preferred Stock Co., 2 12-15 1- 25c (quar.) Consolidated 4- 1- Corp.,. 17%c (quar.) Trucking Corp. Hercules 9-29 12-28 37%c J50c 15% issue Helemano 12-11 12-22 dividend Diversey Hearst 12-11 $1.12% 12-29 12-31 British 4%% 12-14 5 12-22 common., Discount 12-29 7, Stock 2 1- 4 Co Inc., 1- 12-31 4 1-15 — (quar.) Co. (N. Y.) Commercial -& 25c 12-10 12- 12-18 $1.25 Wlnkle-Munning Gas 4 , Y.) (N. preferred 12-30 $1.75 11-10 25c ^____^ Hawaiian $1.75 11-30 12-18 (quar.)_ Agricultural Co. • 12-15 12-11 12-18 (quar.) Hawaiian 1- Corp. (stock dividend) Products Co., Inc. (year-end) Dictograph 2 Hartford 1- . 1- 30c authorizing . , Extra 1- 81 %c approval , 7 2 1-15 dividend 45c ;_ A 1- 1-15 (quar.)___ Trust -2nd 8% 12-15 12-26 12-31 Co., Harnischfeger > 12-15 50c Stock 25c common class 12-14 2 <quar.)__' Co. (quar.)____: Hanson-Van $1.75 (quar.) Co. Watch 1- Steel $1 (quar.) Corp. on 50c (quar.) Denver-Chicago 1- 1- 87%c Light— (quar.) Co. 1- 12-15 reduced 12-14 . Insurance preferred 5% 12-26 1- 25c Extra , 12-18 t$l 25c 56%c (Canada), Ltd preferred (quar.) (initial-quar.) Saddlery Co., Ltd B 1-21 2 1- 25c Rubber & 40c & preferred 1- 12-29 dividend 12-14 12-28 (quar.) 60c Brazilian 12-11 12-28 $1.14 12-15 C.) 12-21 (quar.)_ 12-15 (H. 11-27 (quar.) 2 5V2% 1 preferred 2 Boston 12- preferred 1- Bohack 12^ 4 4.56% 1- Diamond 12-15 4.28% 84%c & Guaranty 5% 12-15 — Inc. preferred 25c porations 5 2 10c (quar.) com. <quar.)___— Loan 3- 1- $1.12% Co., common preferred 1 12-14 1-15 12-29 $1.12% $3.25 4- 4% 20c 4%f.preferred (quar.) 3%% preferred (quar.) Birdsboro Gruen 4 $1.43% Special Beneficial 5 12- 25c (quar.) com. 1 Foods 3- 12-15 55c (quar.) (quar.)—"— Co. preferred Beatrice dividend) common _■__ 1 3.70% Delaware 50c preferred tquar.)— & Lomb Optical Co. %% 4- 20c Co., (quar.) common Class I-21 1-31 50c 25c (quar.)— (quar.)__ American $1.75 Corp. Dejay Stores, Inc.-.- 40c (2c from invest¬ from capital gains) 5c (N. preferred Mfg. 1-29 4 Fund and Bastian-Blessing 2-20 12- Delta (Hartford) com. Stock Refractories, 12-11 12-26 Ltd.— Corp., Co. 1-22 5 50c (quar.). Trust Giant 12-11 ^ (quar.) (extra) 25c Inc., income ment Green 4 40c Axe-Houghton 12-11 1- 30c (quar.)_ Insurance preferred 1-22 1- 7%c (qaar.) (quar.) Products, West New 12-11 (quar.) prefered Co. Great 2 (quar.) Records, Great 12-15 $1 preferred (quar.) M'ills, common.^ Vilbiss 12-15 Drug 12-14 25c (quar.) Corp. Co. Co., 4%% preferred Stores (quar.) 2 87'/2c 40c 55c Co._ Union Gray 50c Corp. Tool Insurance Pumps, Inc. 5% 2 tl5c River Decca 12-15 12-31 (quar. I 4%% Gould 25c series) Y.) Tire 1- 1- $1 1 Goodyear 12-24 2 1-21 1-31 — Machine Co. State 11-30 12-26 — preferred 7% 12-22 J 50c Golden 40c $1.37% __ — . preferred American 1- $1.13 12 %c (quar.)__ Sugar preferred Globe 8 1-15 2 1-31 40c (N. 75c common (1947 1 12-18 —< Falls 55c ,, (quar.) (quar. I Lewis 12-28 45c Inc Petroleum Cuban-American 1- 37'/2c (year-end) Corp.- 115c Greyhound • Cory 1- $1.12'/a (quar.)^_ Zellerbach * 12- 12-31 35c - preferred 12- 12-15 Special Grand 15c Extra • 3%% 12-15 an¬ (quar.) Automobile 1% preferred 30c (year-end) B Atlantic ' 3%% 2- $1 j._— Co. 12-18 2 Special Co. Co., Ltd., class A (quar.) Corning Glass Works, 12-31 12-18 50c 50c Hardware, Co. 75c common Art — Extra iquar.)__J Coffee, (quar.) Cooksville 9 25c (quar.)_ Cooper-Bessemer Corp. 12-15 Development Co., Ltd.—- Inc. Atlantic Case ' 4 ; : Giddings & 12- (quar.)__ Lines, 12-15 12- $1.12% Air 6 Securities common Baking1. Co.,' Cook 1- 12-28 iquar.)________• prefered Gibson 12-15 62%c Trust— Continental 125c A Class A approval Corp. Industries, Ashdown com._ quar.)__ class Angostura-Wupperman u preferred preferred 12-15 Glens Corp Power, Co., 5 2 1- 93%c 81%c (quar.) r $5.50 7 1- (quar.) 1- 1- $1.06% (quar.) preferred preferred 4 % % 15c (quar.) Continental * 11-30 12-15 preferred 3%% 3%% Inc.— Extra 12-10 12-15 12- iquar.) B 50c Co.— 12- 4 12-15 12-31 $1.06% (quar.) common 12-18 (quar.) Power 53c (quar.) Rubber & 12-29 (s-a) common Corp., preferred 12-21 25c Standard preferred preferred C 4%% preferred 12-24 170c Mills, ! Equipment Corp. Diversified 4% $4.52 9 4%% General Tire 12-29 5% Chemical Baltimore, 12-10 9 $1 Electric Light & Consumers 12- 50c Consolidated Gas of 12-11 12-15 / Pennsylvania (quar.) preferred 2 1- of 12Vic (quar.) (Chicago) Co. Solvents non-cum. $4.50 12 %c (quar.) to Quarterly $7 Stockyards Bottling Goods Corp. Jquar.) '! 12-21 12-29 of Co. Holders When Payable of Rec. Indiana— (quar.) Telephone General Time 2 12-29 3% Union (quar.) 12-18 31 %c Paper initial i Anglo-Newfoundland $5 dividend of Amer. 2 5% Pulp shareholders nual meeting Dec. 21 >_ Jan. Stock (quar.) Co. preferred $2.10 10c : Co. Share Telephone $2.50 General 25c $1.18% Corp Consolidated Dry 12-18 (Indianapolis) — ( quar.)___ preferred (Subject 3c 1- Pasco Utilities $1 <N. Products, Inc. Anglo-Lautaro Blue (quar.) preferred de Citizens $2.50 12-18 12-10 $1.25 Co. dividend Stock Black series C 4.75% Cerro Paper 12-22 97 %c (quar.)________ Anglo-Canadian 4% 12-21 Extra- Insurance Co. (N.Y.) (s-a) preferred Anchor 4 2 Consolidated 12-22 $1.50 (quar.) States $1.25 Bates 1- 10c Common Basic $1.02% • (quar.)_'_____________ Re-Insurance American 4% 2 - Reserve Avon (quar.) Consolidated 7 25c < quar.) common ___" American Aro B 12- 60c ____ Extra Arvin series Investment 25c Co., 5%' "preferred preferred Consolidated 40c (quar.) !____ Machine <fc Foundry— American 4.10% 12-21 40c !_____ preferred 3.90% 12-21 12-15 $1.75 (quar.)_ Factors,.. Ltd. Extra 2 40c ' " Corp. American 6% 1- '50c (quar. I ,____ American 1- 68%c ^ 1- $1.25 __ 2 12-21 $1.25 1 B * - 75c (quar.) pfd. A (quar.) American Dairies, Inc., com. 7% preferred iquar.)— American 1- 12-16 1- $3 (quar.)___ preferred, (quar.) 2nd $1.02% 12-16 1- Extra Allegheny & Western 5% 12-21 (quar.) Industries, $1.50 partic. pref. class A (extra) Consolidated Dearborn Corp. (quar.) 11-30 50c & Baldwin^ Ltd.— Products Corp. (quar.) 12-15 8%c ____ General 1- 2 A (quar.) Consolidated 12-21 $1.50 ____ 2 12-30 Alexander Gas Co.— series 12-11 5c common & Per Name of Company Payable of Rec. preferred Colonial Life Insurance Co. 12-11 50c Electric Holders When Per < Share Commercial 12-15 50c (quar.) (quar.i_ 1-10 62 %c :_______ Life ( - Bottling (N. Y.) Colgate-Palmolive Co. (stock dividend) 9 25c Extra f Coca-Cola 9 1- 25c Extra Allied 12- 1- $1 (quar.) D.i Mfg. Co. iquar.) Casualty & Surety Co. (quar.)__Z Aetna Illinois Common Coca-Cola of Rec. 5c preferred Aetna Holders 45c (quar.) Extra Adams • 4.10% Cleveland Per Share Name of Company Abbott - . Name of Company Central 11 (2203) „—— 1-29 12-21 1- 4 12-26 12-14 15c 1- 7 12-22 35c 1- 2 12-10 25c Chronicle The Commercial and Financial 12 Monday, December 7, 1953 ... (2204) dividend $2 8% preferred Wohl Miller Inc., Co., Extra Louis St. & (J. Monarch Mortgage class $7 Moore A iquar.) Ltd.— t$l 12-23 12-10 12- SI.75 12-10 Murray ______ Aviation 5'/<■ 22c 8 45c 12-15 12- 3 37c 12-31 iquar.) 50c 12-24 12-14 50c 12-22 12- —— Smith Corp. 1- 20c common..: 1 5 12-15 $l.l2'/a 1- 5 12-15 $1.25 —_ 1- 5 12-15 6c Series...,. except ' 12-15 12-15 • Hartford & Haven series A preferred Co. ' Electric American Standard Radio, 1 Starrett Strawbridge changed to 12-15 (stock dividend)______— 10% 12-18 12- 9 Class ( stock dividend)________ 10% 12-18 12- 9 Textiles, North B American Capital Northwestern •Oahu •Ohio Town 40c Corp.. Omnibus Corp. Oneida, Ltd., 6% _ (quar.) Loan & Steel Products net from from $1.50 Pacific $4 Aggregates, Coast Co., $5 1st Pacific Vegetable Stock Pep Oil (quar.!„ 57< preferred Phoenix Pierce Hosiery Co. Fund. from Co., Power 6'' common Co Power, preferred Corp. 12-18 17( U. preferred S. 12-15 1-15 12-31 3%% 12-11 12- 33/4'/" 4 1-25 1-18 U. 12-26 12-10 U. 2-15 1-15 S. Trust 70c 12-18 12-10 12-31 12-10 Universal 12-31 12-10 8% 1- 5 2 Oil Power %c 1-20 12-31 Lambert, 12-31 12-31. 4% 12-21 12-10 12-24 12- 7 Virginia ~ $4.50 12- 7 12- 7 Wabash 1-15 12-18 Wagner 12-31 12-11 Stock 1-14 Waialua 12-10 Wailuku 5 Ward 35c 12-21 12- 1 10c 12-21 12- 1 $$1 Extra Public Service 4% Co. (quar.) preferred (quar.) Common Corp.. original Corp., 50c $1.75 (quar.) preferred Ltd (quar.) $1.75 15c ___. preferred Quincy 3ft & Mining Co. Bearings (Canada 1, Electrotype Raytheon Owl Co. Mfg. $2.40 Co., Stores, Pictures convertible Inc., Co. (extra & Watson 12-24 12-11 Wayne 12-15 12- Webster 12-31 12-15 Welsbach preferred 4%% pfd. (stock dividend A (quar,),, 1 Penn 12-21 11-27 West Penn $1.1834 10% 12- 1 12- ,}■ 2 12-1£ 2 12-15 1 12-31 Materials). (quar.)__ Mills 1- 2 .12-15 12-21 1-11 12-21 1- 2 12-21 1-12 12-31 11-13 12-31 12- 5 11-14 11-13 1-2-54 12-10 $25c Co. of (quar.) com. 2- 5 1 2- 5 25c 12-18 12- 1 50c 1-29 $$1.31 3- 1 & 3- Barge 12-15 4 12-15 1-15 12-18 1-15 12-18 American 21- 1-14 1 2 12-14 12-22 12-12 12-22 12-12 1- 2 12- 5 7 Common Chain American 12- 1 12-10 12- 1 12-28 12-18 12-28 12-18 12-31 12-18 American 12-31 12-18 4'/a 7c 1-15 12-31 American 12-31 12-15 12-31 12-15 Power Co., common 4.10(p preferred C Utilities Virginia 4 V2 7c preferred $6 Crystal .___ Service, iquar.) common (quar:i Stores 5 50c 12- 5- 50c 12-10 11-23 12-10 11-23' 3-12+ $6 12-15 12- 1 12-15 12- 1 12-31 12-15 (quar.) com. 30c $1.12% $1.12% 1- 8 12-18 1- 2 12-10 1- 2 12-10 3 3 3 Va % 50c 12-15 12- 1 20c 12-30 12-15' 37 %c 12-15 12- A preferred Export Express 12-27 2 1-15 12-31 Co. Securities Electric partic. American J.) Inc. 12-23 Corp.— (accum.) Lines, Co. (N. 50c iquar.) 25c (quar.) 4. 2 12-11 12-10 11-10 1- American & 15c 12-15 Foreign Power Co., Inc. (quar.)_ American Gas & Electric Co. (quar.) 41c 12-10 11- 9 12-15 American 25c 12-10 12- 1 12- 4 Greetings Corp. (quar.) American-Hawaiian Steamship Co.— 12-14 American 2 12-15 12-14 2 2 12-14 12-21 1 12-10 12-15 l 12- __+ Hoist American Home Increased American Derrick & Products Co. 4 12-15 12-11 American 6% Ice non-cum. American Insulator American International 1-15 12-18 30c 12-21 12- 7 (37c of 12-15 5V4% preferred 2 12-15 $1.25 preference 12-10 4Va% preference (quar.i 12-15 * 12-15 12- 3 $1.00 12-15 12- 2 $1.31 y4 (quar.i 2 1-15 11-13 12-15 Illinois— (quar.) 11- 2 12-11 12-11 repre¬ undistributed ordi¬ nary net income for the year and 63c from realized capital gains) Investment Co. 12-1411-27 2 the balance of American 2 1- 20c iquar.i Corp. senting 1- 12-18 $3 <Del.) 12-10 12-18 1 50c preferred 1-15 1 12- 30c common 12-24 1212- 12-10 20c 1 (quar.)_ Supply Co., 12-14 12-10 Corp.— monthly Hospital (quar.) 4 12-29 1 75c Extra Quarterly 30c 10c 12-15 12-28 1-15 12- 12-15 12- American $50c 12-15 12- 1 12-18 . 12-11 12- 7 $$1 ; 3-12 1-2-54 4-1-54 2 12-15 12-12 Ltd., common.— 4-1-54 1- 12- 1- 12-11* 87 %c 12- 20c 12-17. 1-2-54 2 12-27 SI.25 2 1- 12-14 $1,12 % — 1- 87 %c 12-11 1-15 (quar.i 11-25 43%c (quar.) 2 12-24 (quar.).: Department Co., (quar.)— Cyanamid Co. common (quar.) preferred 12- SI.50 . 11-25 12-21 preferred B (quar.l District Telegraph 3M»% 12-19 $1.02% (quar.)__ 11-25 12-21 25c (quar.) Sugar preferred prior American - 12-21 $10 (quar.) - American 1- 12-22 $1.50 ; (quar.l Colortype Co. 2 $1.05 pfd. — Cigarette & Cigar Co. com. 12- $1.12% (quar.l (quar.) preferred 12-11 60c :_ (quar.) Co., Water preferred Class 3v Co. Extra 12-19 55c 1- 4 1- 50c Extra American 12-24 1- 12- $1.75 (quar.) Co. Cable & Chicle American 1- 1 12-11 7 $1.75 — 12-10 $1.50 (s-a • — (quar.) (auar.) Extra American 5 1- 7 12- 25C non-cum. 12- 1- 12- 12-11 75C preferred preferred non-cum. 7% 30c 2 75c (quar.) (quar.) 7% 12-15 25c (quar.l (quar.) (quar.) 3 1- 12-16' Foundry & Common 6% 12- 25c iquar.) American Can Co.. 7%. preferred interest preferred Car 2 25c 4 of 1- Theatres (quar.) 1- 40c RR. B Western Co. 1- 5% 12-16 20c 25c Broadcasting-Paramount Common 5 50c Book Certificates 5 40c (extra) American American 1 12-16 1- 1- 75c (reduced) (quar.)—; — Line Co. (year-end 1 preferred 12-15 12-17 5 $1.75 ,— Co., common Note 2 2 18%c (quar.) (quar.) 1- 1- 30c iquar.) com. Extra 12-18 1-11 1- 75c iquar.)___— Co., Filter Bank American 12-18 10% 3__ Co. _____ preferred conv. 35c (stock dividend) Seashore Electric Texas : preferred 67c 2 $20c (quar.) class Co^. 20c Air American 2 12- ; $7 1- 12-1.5 Manufacturing Goods 5% 1- 40c Western'.Grocers, 25c 11-13 12-10 93%C 90c ^ Ltd..:. preferred 57c 1-11 50c (quar.) West 12-21 $1.37% — Co.„ Co.. 12-20 1- 12-10 60c (quar.)— Canada, Ltd.— Co. preferred 45c (quar.) 4preferred 1 2 2- 60c 11-25 30c ! 4.20Vr 12-15 ' ' Corp.— preferred a-.n •: 1 12-10 35c Ltd Co., common— & Corp. Jersey 60c 12- 12-10 $3 .____: West West (quar.) 12-15 12-21 12-23 75c — (quar.l Chicago Corp. West 1- 2 $1 27c Swasey Extra 12-18 12-15 20c 1- 40c $1.12 (quar.) Knitting 4 2 12-15 4 $3 $1.50 75c (quar.) Co.— Corp. (Jack) 4 50c 1 4 12- (quar.i 25c , : Warner 25c Pile 4 12- 12-15 Cement Co. (year-end) of America, common Portland 30c ^—_ & Year-end 12-15 2 12- $1.09% 30c — (qwar.) (quar. 40c 12-11 1- 12-10 2 12-30 5 50c iquar.) (Construction 12-10 $28c 1- 12-30 2% 12-21 87 %c common (quar.l— preferred 2 25c ... Concrete Remington Corp. Republic Ltd., class A___ (quar.) Extra Raymond $1 (special 1 12-31 50c 1-20 Corp., 50c Year-end 2 12- 2 12-15 12-10 75c Stores 30c Co. 1- 2 12-21 12-31 50c — (quar.) Works, Co., 1- 1- — (quar.) Corp.. Amalgamated Sugar Co. — Agricultural 12-31 $2 12-31 $2 - M Bapid Red (quar.t____ ts-a> 12- 1 1- 1 American 50c (quar.i— Inc. Coal Sugar 81.50 Corp 12-15 35c _ Corp 12-24 1- —__ 12-15 12- 5c Baking 5V2 'ic. 12-15 12-29 Co. Mills. $20c Pyle-National, 8% Quebec Telephone $1.16'/4 50c (quar.) non-voting 1st preferred 7% Purex $1 , voting common 7% 1 Warner preferred 4.65% Publication 2- Oklahoma— of — dividend 12- A — guaranteed 10c (quar.) com. Light Co.__ Railroad 2-23 class 37%c $1.06',4 $1.06'/4 Amalgamated Leather Cos., Inc. 6 % conv. preferred (quar.) 12- Electric 12-15 conv. 12-15 11-30 preferred 2 12-31 $1 (s-a $1 Co., Coke Co. Vulcan Corp.. $3 prior preferred 75c Ltd. & Iron, 35c Co.. 6 12-15 preferred (init.) & 12-19 1- 12-15 preferred $50c Progress $1.25 12- 50c 3V2% 1-20 1-11 —- Laundry (quar.)_'__ :____ Providence Washington Insurance (quar.)__ Bros. Price National Corp., 35c (quar.i com. $2 Special 12-31. 1-20 9 9 75c Chemical Victor 1212- 25c Refining Fair $$1.50 Inc. 12-11 17 %c iquar.i common Extra 1-20 1- 2 $3.50 (quar.)— Co., Inc. (s-a) Heating 12-15 45c 4 1- 12-31 Extra 12-21 12-21 (quar.l Co. Vapor 12-10 1- 25c .__ 10-12 12-11 Aluminum 25c Hotel 50c : 12-10 45c _____— Pictures Utah 4 $1 (quar.) 12-31 93%c (quar.) Y.) Tobacco preferred 6 V2 c (quar i__ of Canada. Ltd. (quar.) 12-18 5 4 4% 933/4C (quar,)— Leaf Vanity common 1-15 12-18 35c common (quar.)_;— (N. Co. Utah 11-30 15c _. 12-31 $1.75 Extra 62 1-15 25c Corp., preferred Universal $1.75 iquar.)____ 4 2 15c Aluminum 25c -_ United Stockyards Corp., 7 12-10 1- 12-14 40c —_ —'— 12-21 1-15 2 40c , (quar. Co.' Potash S. 12-10 12-15 4 50c $3.75 60c — Extra 2 37c 1- 30c — (quar.) preferred series A (quar.)—.— — conv. preferred series B (quar.) — Plywood 12-31 Utah preferred & Price 12-28 30c stoek____ Pocahontas Electric 1st Pratt Class llttc 12- 12-11 — Inc. Alum'num $2.50 (quar.) (quar.)— common.! 12-14 investment net 12-21 15c class A common... B 12-14 12- 12- 12- —_____________ Mills. Alpha 12 %c — Storage—, Foil Co.. S. 12-23 ;_ _ special Creek 3.60'" U. 12 %c • ; Special Potomac 9 Cold S. 5c Employees Pond U. 12-23 $1.25 income and 22c from capital gains).. Piper Aircraft Corp., 4%% preferred (ouar.) Pittsburgh, Ft. Wayne & Chicago Ry.— 7% preferred (quar.K Plough. Inc. (quar.) Cordage Special 9 Co. common 1- 5 15c (quar.— Specialities A 12-18 1- 5%. (quar.)_ Jersey RR. & Canal New Class 30c 12-29 50c — common.; iquar. t_ 2-10 35c ' Lines common B 15c common (quar.) (15c "Plymouth 12- 12-22 12-15 5c 5c y12-14 1- 11-10 12-15 2 12- (quar.) Inc. 31 %c 1- 2 Iquar.) Dye Laboratories, 12-15 12-21 40c preferred (quar.i 5»/4% 2nd preferred (quar.)__ 8 50c —- 11-30 11-10 1- (quar.) Inc. & Allied —_____ — 1 12-15 12-15 12-15 12-24 — Extra 12- 12- 25c 10c 12-24 — Western Ry., Chemical Allied 1 S4 (quar.)___— preferred Industries Allen 12- S4 Allis-Chalmers Mfg. Co.. common .-_ Class 10% Inc. United 40c dividend Pioneer Corp 12- Jack & Corp., 12-28 12-15 $1.05 (quar.)__ Steel Corp., Allied (quar.I——— 12-14 Inc (quar. Co. (quar.i_ Governor Stock Moe Mulliken United 175c Airways, 1-15 Allied — —— of Nevada..- Co. 12-22 10% Boys—Manny, Pettibone 12-10 2 25c iquar.1 25c Airways, Inc., class A class B (stock dividend) and A $1.50 ___ 12-10 15c $1.15 common common & 1 1 (quar.) dividend 4.37'/2% 12- 12- ordinary (quar.) Co., Ludium Allegheny 11. Corp.—* 12-23 $1.75 iquar.i com. 12-31 1 12-10 12-15 . 250 Corp World Ltd. Class $5 Co. 12-10 12- 1- Co RR., Special (quar.)—_ Co. Trans-Lux $4 dividend American Penman's, 1- Feb. record $4 preferred. 12-31 a 10c Telephone & Telegtjaph. preferred (quar.). Pan 10c 12-12 Co. Caribbean 12-15 12-23 pay Corp. Preferred preferred.... Service to Mining Mfg. Trans 26c _ 2 2 12-17 9 10c (quar.)___ preferred Stock , — Steel Inc., 4'/4% — Trust & Southern preferred Allegheny 10c (quar.) (quar.) Shipyards Transcon iquar/t,.. 11-28 1- preferred- convertible 57c preferred Alden's, 12-15 12-10 5% 12-11 12-31 Corp.. Great Wood Alan 12-18 25c — Torrington 2 1-16 Pacific 6'. 12- 12-15 Inc. 12-16 10'/r stock dividend. approved the payment will be paid to Tonopah 1-16 2 2-15 common..:.., 2nd Public Pacific 2-15 1- 12-21 and 12-16 2 25c ——— —— Corp. Todd 12-15 4 S3 ,__ non-cuni. 1- $ 40c 40c Extra Pacific 3 37 %c Coast Co. holders" of 3 +$1.75 income common If 12- (quar.) 2 $4c 12-18 12- profits. 2 1- 30c (extra )„j.__ Inc. Ltd 5 1- common— investment security preference 1- - 15c 35c Manufacturing Brass 4.60% 1- $75c — 1- 12-10 2% participating preferred Alabama Power Co., 4.20% pfd. 12-15 $1.12 . ——_ (quar.) 12- ■ 37 %c 67c 12-15 12-17 75c 12 %c 75c Radio Alabama ing to be held on Jan. 28 on a director's ______ Investors, 12-23 ______ (quar.) (quar.) Products, Akron 1 12-23 (quar.) Engineering Co. dividend pfd. Airtcx 12-15 15c —-—.— proposal Co. ____________ (quar. 12- 2 1- 8 12-15 12-31 50c — (quar.)__ Corp. Agricultural Insurance Co. (Watertown, N. Y.) 12-17 2 15c 12-18 12-15 25c 1- 37 %c ;_ 12-18 $25c Telephone Inc., Guarantee Toro _______ (quar.) 2 1- Ltd.— iquar.i pfd. (quar.) (quar,>_ Co. (Canada) Industries, $3 12- 1 12- 1 SI.20 (quar.) Corp. Castings Equipment, Inc., com. (quar.) Gas Aircraft 12- 12-30 $1.25 pfd. conv. Stock 12-18 12-11 12-11 * 12 %c Aetna-Standard 12-11 1- $1 12-31 12-15 + 5% 11-20 12- 4 12- 1 11-12 11-25 12- 1 in¬ Corp. Affiliated Stockholders will vote at the annual meet¬ 7 37%c Co. Co., ExSra 14c 12- 31V4C _, Debenture American 12-23 10c (quar.) Ontario Pacific Title 20c i—i—_ common County Thor 11-30 $1 ____, preferred 12-12 25c Ontario A preferred 2 . 12-18 8 12-24 $ 10c 5% — Thermoid 4 12-15 35c (quar.).... preferred 7'// 1- 1- 1-15 $50c (extra) Ltd. 12-22 (quar. ) common preferred Orange 1-11 —- 2 75c Co. Co._._ Common 25c Co._____ Brass ■Old Corp._______ Leather Sugar 1- 1-26 (quar.) 12-16 12-15 12-21 12-15 12-12 12-11 10c 10*7p ' 40c 60c 25c 12- I 12-10 12-10 ' realized <quar.)___^ ________ Aetna Ball & Roller Bearing Co., com. (quar.) 12-16 1- 2 5% from 53c 1- 2 1- 2 1- 2 ?30c t37l/2C the Extra Aerovox 12-15 12-31 and year Aluminum Advance 10c 4'/" 12-15 75c 75c pfrl. Ry. 2 12-31 the for gains) Addressograph-Multigraph 8 35c —_——__ _______ — capital 12-18 12- (quar.) — —. _________ Express Co. (67c representing balance of undistributed ordinary net 12-10 2 Process dividend Stock dividend) (stock Adams 12-18 12-24 65c common Superior Portland Cement, Rayon Corp. $3 Pacific Northeast ■: Cement common Northern 17 ___, — 1-15 10c common Assurance Switson dividend American $$1.50 Extra 12-31 Class A common Stock North Corp., preferred Life Sun 12-15 12-31 10c _________ 1-20 $60c $4.50 Corp. Co., Extra Corp.) Acceptance & convertible preferred Chemical Sun 11-20 2-15 Products— Stromberg-Carlson 12-10 12-10 11-30 Co. Acushnet 12-18 4 — — -— Clothier, 12-11 12-23 $1 5 Wire — (quar.) common Inc. (quar.) (quar.) Co. Acme 12-31 (quar.)—— Corp. +12V2C t$1.25 — Ltd., com. Refineries, - Industries, Steel Holder* Payable of Rec. f30c quar.)_—_—___.—,— (quar.l Sugar —— Acme 12-24 When Share (increased Electric Acme 1- 1- 12- 8 12-11 12-11 Paper— & preferred 5% Acme 1- 4% 12-11 4% —,...____._ _ Co 2 1- 50c 8 A come class A Ltd., S.) 12-22 $1.25 Dock Dry 12- 50c dividend Stock 12-11 5 8 4 1-29 $1.25 Materials, & Paving (L. Sterling Aluminum 1- $2 — & (name Corp. Northeast Capital Standard 1 12- RR.-— ________— ___i_ 8 12- 5 (accum.)..„__ (quar.) Shipbuilding 12- 12-10 1- Class — — — 12-29 40c 1- 12- 1- 12-28 12-28 — of Comvany preferred $1.50 8 1 1 12-18 $1 12-21 12-21 50c $1 -v not yet paid. Power Common 10c (quar.)———-—_ — 50c (quar.)_______ 1- 22- 12-21 $1.50 , give we Acadia-Atlantic 25c (quar.) Co. D 40c - Co, ——- Extra (Pitts.) Insurance Paper Trust preferred 12-31 $50c 25c 25c — Per 12-14 Ltd.— $6 5% Corp.... —— Name 12-15 25c — — Car Corp.. preceding table. 7 12-23 $35c Southwestern for $.0001 of which is a re¬ 12- 12-29 75c preferred A (quar.)— Development Co.— Southwestern Gas & Electric— 11-30 net in¬ from Square 1 News 11-25 $25c 50c 10c 10'^ 12-15 12- 7 12- 7 the dividends announced in previous The list does not include divi-dends announced this week, these being given in the" 12-18 12-10 $20c common — 11-30 11-30 12-14 12-14 12- 8 (quar.) i Below 12-15 5 67c preferred-——-—— Co., Co. ____— — weeks and $45c Gas 1- 2 1- 2 .________ iquar.)..——— Steel Radio Zenith 12-16 5 1- — Natural Southwest 11-30 12-15 12-15 50c 50c (quar.)— Extra.. 1 1- Ltd.—___ (quar.) $1.12V2 $1.20 25c 25c 25c $25c 12-15 2 1- — (quar.)——— participating 6'/f 11c 5 12-31 Jersey Common 12- 20c Tool Snyder South 1-15 2- 55c 12-15 50c & Engineering Co Gas Co. (quar.) Southern Bleachery & Print Works, Inc._,— Southern Canada Power Co., Ltd.— 12-11 12-22 $1.75 — —J_ preferred $2 and $1.02 from Series....—,—________ Fire (quar.)—. (Howard) Paper Mills, ;— (quar.i — Extra,. Youngstown 8 12-14 Simplex Paper 7 12-18 12-10 12- 12-11 (extra) Dairies, Ltd., class B Silverwood 2 12- 12-15 ' 1- Iron Co. 37Vic Light Co.— Power & preferred 12-24 $1 Steel 12-10 12- 4 12-11 _— Corp.- preferred 12-21 ' 12-28 from Corp. <quar.)_— Sherwin-Williams Co. 01 Canada, — Woodward 12-29 stock 3 ■— 12-21 12-15 Leather Co..— Sharon 1 12% c 45c and inc. invest, net 1- 15c (initial) profits payable in cash or from realized 12- —... Noma 1- 12-15 2 4.807' Abitibi 12-15 Year-end North 1- 4.V27c — 35c income New York Extra 11-20 1-29 1 ______—_ Newport Selby Shoe Co._—________ Selected American Shares, Inc.— 11-30 Wisconsin 1 12-10 5c Seton Special New 12-18 a 5c 1 12- 12-31 37 %c (quar.) 4 Q ua r t e rl y conv. 1 Inc. Lines, 12- Income Series Union York, Seatrain capita). Nekoosa-Edwards 5% 12-10 12-17 Stocks Growth Income Kew 12-23 12'/aC Co. 75c above distributions are Kational Seaboard 1- Oil 12- 12-10 80c Corp., cl. A com. (Dela.i (extra 1— 12-10 Series: National of Seaboard Container 4 12-23 50c -r (quar.)... National vestment 12- 2 12-10 $1.25 — Co._— RR. $1 10c (quar.l —.—--- Mfg. Oil Extra (quar.)—_— Line 12-15 12- 9 1- 4 12-15 1- 7 ________—__ Co. -—— Cement River $1.20 (year-end> ________ (extra)______ Securities turn Air Co. Wichita 30c preferred 30c 80c Service National Seaboard 1- $20c . preferred (quar, The 12-15 2 Corp. preferred National Lace 1- — — capital gains). ________—... City Bank (N. Y. Linen Scranton 2 593/bC 4 (73c from ordinary income 4%7< 12-15 1- National National 5'/c Whitehall 27c A (quar.) Electric Co. (quar.t— 12- 12-15 5 5 50c Co. Sangamo 2 2 __— (extra) Co. Acme National 7 11- 62 %c ______ Corp. Kational 7 20c dividend)— Kelvinator Nash 12- $1.75 (quar.)— of Texas (qr.ar. > !—'—.— (stock Co. 12-15 2 1-15 50c 1 12- 1212- $i0c (quar.) Co. C.) (F. Mfg. 12-21 12-21 25c (initial) coin new 1-2 1- 4 ;—_____ Co dividend 30c (stock dividend) Safety Car Heating & Lighting Co. St. Croix Paper Co St. Joseph Light & Power Co.— Ruud 1 20c —--- Inc. Corp. Extra Muter Russell Mfg., Oil Eagle 25c — — (quar.) Co. L.) (P. ------ (quar.t Ltd Line, 1- 22 %c (quar. common Morgantown Furniture Morrell (Johm & Co Metal Riverside 12-11 40c Works Ltd....—----- prior preferred Munson 12-15 Stock White $1 (quar.) Corp. Paper Robertson .Extra Mountroy, 2 1- Riegel 5 5 —~— 12-11 _______— Engineering Co.. $2,50 12-11 12-21 J31'/4C — — Locomotive 12-21 1212- 75c obligations 12-10 — Ltd.. Weyenberg Shoe Mfg. 12-21 12-21 — — 1-2 (reduced)— Co. (George), Weston 75c —— Extra 12-31 12-15 7 1- $1 Common 12-15 (quar.l. (quar.i Coal Westmoreland Payable of Reo. 1- 2 1- 5 12-15 12-22 pfd. 57c Co.. Gas Inc. Extra receiving on Natural Westmoreland, Holdera When Share Name of Company Western (initial stock div.»— capital stock ($1 part for held., Payment is con¬ of shares permission from California Corporation Commission. __ Richmond, Fredericksburg & Potomac RR.— 20c preferred (quar.)—-——-———— 4%V Morgan 12-15 Share ' * Co. & Gas 50 tingent 30c (quar.) common Extra ..Montreal 12-18 31 %c —_______ . _— _ Mills, Forging Co. common Drop 2 __ preferred 2nd 1- 12-31 each Dividend (quar.) — r~ Montana Wyoming Gas Pipe Line Co. 'Dei,I Montgomery Ward & Co., common iquur. I_ 7%> 12-18 ——— Ltd...— Investments, Co.. Flour iquar.i Co. Ry. —_ S.i Semi-annual Montana 2 Oil share One Extra pref. (entire issue called for on Dec. 31 at $106 per share _______ Mitchell 1- 25C plus this dividend)—Minneapolis 12-14 56 %c —________ conv. 2 10c (quar.)_____ common Extra redemption 12-14 1- (quar.) 4%% convertible preferred (quar. ■»Minneapolis-Honeywell Regulator Co.— 3.75'' 12-24 12-24 $2 'quar ts com shares Reserve 12-14 75c 50c Co., Products Steel Midland ' Name of Company Payable of Rec. Per When Holdert Payable of Rec. Per Holdert When Per Share Name of Company American Laundry American Locker, 31%c class A Co. (quar.)__ (reduced)— 2 1- 2 12-18 1- 2 12-18 50c 12-10 11-27 10c 12- 11-25 28 %c Machinery 12-13 1- 8 Volume 178 Number 5279 The Commercial and Financial Chronicle . (2205) Per Name of Company Share American Locomotive Co., Extra. 7% (quar.) common 40c _____________ preferred (quar.)___ $1.75 American Machine & Foundry Co. Stock dividend American Machine 1- 12- 2 & Metals 12-28 1212- 7 American Mail American Maize-Products, Line (stock dividend) Maracaibo 8 12-14 4(4% 12-29 12-18 7% 1-15 12-29 12-18 2% 12-14 11-23 1- 4 Stock (stock dividend)- 5% preferred (quar.) $1.12^2 ___________ American Metal Products Co. American Meter Co., (quar.) American $6 Inc. National preferred American Special American Rock Safety Seating American 7% Co. preferred 6% preferred American Steel Stores ..12'Ac.' 25c 60c Foundries Refining Co., American Tobacco Vitrified American Woolen prior American Co., pfd. 6% 1% Zinc, Common (s-a) Belding Belgium 11-30 Bell 2 11-30 Bell 12-11 12-11 1- 2 12-11 1- 2 (quar.) $1.50 Co. (quar.) 25c pfd. (quar.) Lead & Smelting Bibb 12-26 12-11 Birtman 12-26 12-11 Bismarck 12-28 11-30 $1.25 I0c 2- I- 1 Cable Anderson-Prichard Oil __; Ltd. (s-a) Ltd. (interim)__ 4.25% 12-31 12-18 12-23 12- 4 Blauner's 12- 3 Blaw-Knox 12-29 12-17 12-29 12-17 I-26 12-22 Inc. 125c Stock Bloch (quar.)_ Cotton Common 6% Mills, Inc. $3 Gas 5'A% preferred preferred $7 preferred Arkansas Co. $3.75 $4 Co. (quar.)_________ Class Arnold Hoffman Arundel Corp. A Oil & Refining Co., preferred $1.50 2nd Associated preferred (series Spring Corp., 1952) Special Class Class Telephone A, A this & clears Associated Transport, Inc., 6% pfd. Associates Investment (quar.) Topeka Common & Santa Fe Ry. City Coast Line Electric Co. Co. Line Coast Atlantic Wholesalers, common (quar.) 12-15 11-23 Brown-Forman 12-10 12- 4% 1 Oil (stock class preferred & Sharpe Mfg. 8 Brown Shoe Corp. v—: — (year-end) —_____, Fabric 4 1- 5 12-11 1 12-31 12- $5 1-15 11-13 11-13 12-11 11-13 12-11 March 11-13 (interim) com. Buckeye , — —._ Buffalo Eclipse 12-15 Bullard 31. and Co. 110c 110c Stock 1- 2 12-15 12-10 11-24 Fire Steel (112'Ac 11-25 Co. Products, (Del.) 6% 2 12-15 5% 1- 2 12-21 Bush 25c 1- 2 12-10 22'Ac (B. & T.i, Co. Inc. (stock dividend) preferred Terminal T. Extra 1 5 1- 5 1- 4 1 12- 12- 12-14 12-31 4 1 12-16 12-15 11-27 11-27 12-31 12-10 12-10 1- 4 12-15 11-27 11-19 11-19 93 %c 1-15 1- 2 12-15 12- 1 1- 2 12- 1 1-15 12-31 12-10 12-10 12-14 2 12-11 1- $1 11-23 1- 20c 2 1- 2 12-11 12-11 12- 1 11-18 12- 1 11-13 12-31 12-15 12-10 11-13 12-31 12-31 ■ 12-10 12- 4 12'Ac 12-15 12- 1 1- 1- 2 1 4 12-21 11-16 11-16 12- 1 12-10 12- 1 12- 7 20c Capital 12-15 11-27 12- 12-11 11-27 12-24 12- : 35c 20c (s-a) $1.50 class A IllC 20c (quar.) 1-15-54 1- 4 12-18 12-11 12-15 1- 4 12-31 1212- 4 1 4 1 12-18 12-15 11-24 12-10 1- 8 11-13 12-11 pfd. (accum.) $25 1- 2 12-15 62'Ac 7% 1- 2 12-15 10c 1-18 12-31 3% 12-21 2- 1 12-18 12-10 11- 2 2 50c 1- 5 1-20 12-18 12-15 1 12-15 $2.50 12- 4 $2.50 12- 1 California 12- 1 Stock 12- 12- 12- 5% 9 12-24 12-10 3- fund Co. Pacific 2 12-21 37'Ac 12-24 12-10 50c 12-24 12-10 11-16 2 12-10 (year-end)_ $1.50 62c preferred (quar.) iquar.) - Forge Co., 5Vz% pfd. (quar.) Camden Refrigerating & Terminals (year-end) Campbell (A. S.i Co., common (quar.) $2.50 preferred Campbell, conv. iquar.) Wyant & Cannon Foundry 11-11 12-15 2 12-15 (quar.) __ Co. 1 -15-54 12-30 2 12-10 & Kennedy, Extra 33A% Casmont 4 1 12-29 12- 1 12- 8 11-27 12- 8 11-27 12-15 $1 (quar.) com. 12-15 _—____— 93%c 40c (quar.)-. Mills Extra M.) Corp. Food Celanese & Co. America of (extra) 1-15 12-31 4 12-15 10c Corp. Investments, Coke & Foundry —.—— Common 12- 1 12- 7 12- 7 25c $1.12'A 12-22 12- 4 1- 2 12- 4 $1.75 1- 2 12- 4 1$2.50 1-2-54 Service — 8 12-18 11-27 2 12-11 $1.12!/2 12-10 11-20 $1 12-31 12-18 $1.23 — 12-31 12-18 (quar,)_—$1,31'A 30c $1.5.0 $1.15 87'/2c Power & Wire Electric Stock Co. Inc. Products (quar.)— (quar.) Aircraft Co. Co. (A. Charmin Co. & & Co. Y.) (N. (quar.) — Ohio Ry., Mfg. (quar.) , (Consol.) iquar.; 12- 8 12-31 12-15 12-10 11-30 35c 12-15 12- 1 12-15 12- 1 12-15 12- 1 Rock 12-15 12- 1 12-10 15c 12-26 12- 4 12-26 12- 4 South & Co., common 12-1 Mills, pfd. 5%. & Co., (year-end)— com. ——--— — _____— Electric Co., 12-15 12-16 12- 12-15 11-27 Wire 12-14 12-31 12-14, 12-15 12- 4- 12-18 12- 1 $1.75 $2.50 $92 $1.75 $1-50 30c 25c 12-18 12- 1 12-15 12- 1 12-15 11-23 2 12-21 com. iquar.) SI —____— S4 (s-a) (quar.) Cable SJ-25 S1.25 ^ 0= — "5c Corp. Co. (quar.) *1 — —— . 20c — iquar.) .«,/ 12-15 City Products Corp. (quar.) City Railway Co; (Dayton. Ohio)— » 6% non-cumulative preferred (quar.)— 75c 12-10 11-10 Clark 30c 12-23 t2- 9 . conv Co., pref. Equipment preferred com. iquar.) iquar.) Co., common (quar.) 11-17 12-10 2-15 1-15 2-15 1-15 2 12-15 1- 12-18 iquar.) 12- 4- 3- 1 2-15 6- 1 5-15 9- 1 12- 1 8-15 11-15 12-15 12- 1 12-24 12-10 12-10 12-14 11-30 12-14 2- 62 Ac 37'Ac 25c 36c 75c $1.25 1 12-15 11-30 I-25 12- 1 2 12-15 12-31 12-10 1- 1 Controller f* $1.75 Baking, 7% 5'/%% preferred 12-11 12-30 12-24 40c (quar.) —- Service 1- Pacific Texas & (quar.) Transit Co.' & 1 11-27 3% (quar.) New Orleans common 12-31 12-31 dividend preferred preferred '2-15 $2.50 is-a)—_ preferred (quar.). City Investing, common (s-a) 5% 1 25c year-end) 1 Year-end 11-18 1 7 12- RR.-r- Extra 8 1- 12-15 12-15 —-—— iquar.) Gas Cincinnati, 12- 12-30 12- 40c (quar.) preferred Stock 50c 1 $1.25 Bend — Securities Cincinnati Clark 2- 12-11 RR.—- Corp. (quar.)-. Cincinnati Enquirer 12-18 11-25 $1 Chrysler 2 12-15 9 75c —— <quar.)__: A Shore Knitting Christiana 1- 2 5% Pacific & series South preferred 62'Ac 2 1- 12-11 $1-25 Island preferred 4.80% 1- 12- 1-15 (quar.) Quarterly Chicago Towel City 2 12-31 dividend Common Cities 1- 50c Circle 1 1 7 7 12-21 75c — Cincinnati 12- 1 12- 50c , 12-15 12- 1- 11-20 5 87'Ac —— Chicago Medical Arts Building Corp.— Chicago Rivet & Machine Co. (quar.)_ Chipman 12- $1.12'A (quar.)__ common preferred Co. 12-15 50c A Chicago, 11-20 12- 10% — Chicago & Eastern Illinois RR. Chicago. 12-14 12-14 12-15 10c iquar.) Trust convertible Chesebrough 11-25 37'Ac 34%c (quar.)______ Chenango & Unadilla Telephone Corp.— 4'A% preferred (quar.) .a 3'A% 12-10 12-11 25c (reduced) common dividend Chesapeake 12-10 25c iquar.) preferred Bank 2 25c ——_——-■ America of B.) conv. Stock 2 1- 11-25 1.2'Ac —a (s-a) Paper Mills, Chemical 1- 15c — —_——. — Chance 12-10 5% Extra Chamberlin 2 12-11 12'/2C (quar.)_— Ribbon Mills, Certain-Teed 12-18 12-10 1- Si- —— Co. 12-31 12-31 25c (quar.) dividend Century 1- 1 30c — Century 5% 12- — Steel 5'A% 1 12-21 55c (quar.)— 12- Co., common (quar.) (quar.i)— preferred (quar.; preferred ( quar.) ——— 3.50% 12-10 12- 12-18 10c (quar.)————,——_r, preferred 4.60% 4 12-18 75c Co.— (quar.)_—_—— preferred Maine 1- 12-1S 50c ' (quar.) preferred 5(4% 4 12-21 (quar.)^ common Public preferred 4.92% 12-15 $3 Light Co., common preferred (quar.;r„ Illinois 1- 115c (quar.)——— Illinois 4(4% Central 11-30 (special) Co., 12-15 12-10 12-21 ——— Central 12-15 11-30 Ltd. (s-a)——: Storage Co. 12-30 12-10 12-15 —_ of Canada 12-30 1 110c 5c 115c — (extra)—__— — 12- 30c — — A 1- 11-25 30c — (year end) Class Extra Central 12-15 25c — — preference Central 12-11 17V2C (quar.)_ Products Cold 12-11 12-24 $1.75 America, common—_——_ 4 V2 % preferred A (quar.) 7% preferred (quar.)———5% 11-20 12-10 —_ —— B 7 12-24 —— (quar.)__ Castle-Tretheway Mines, Ltd. Class 12- 50c (quar.)—-— Special Catelli 3 12-15 12V2C — — _£ Catalin 3 12- 2 25c (quar.) Corp. __. (A. 12- 1- 62'/2C General Industries, 7% preferred Tin Plate (quar.)_— Caspers 4% 4 12- 12- 50c :— end Carthage 7% 12- 12-22 12-22 (quar.) preferred & Year $7 11-27 10c (quar.)_ Carpenter Paper Co., common (quar.) Carpenter Steel Co. (quar.) ——— 5% 4 12-10 12-12 — 1st Cessna 7 12- 11-27 20c (quar.) com. Extra 6% 12- 2 10c Carlisle Corp. 4% 1- 40c $1.25 . Mfg. preferred Castle 1- 12-17 12-10 (quar.)_-ki220c Inc. ;_ 2 1- 8 35c a,—___; (quar.)——— 2 12- 35c (quar.)—_,— (quar.)——-— 1- 12-16 12-22 preferred 1- 1-2 120c 1S1.25 —— 40c preferred 12-21 34 %c 2 1- 25c preferred 12-21 55c 1- 137V2C 5% 27c iquar. 1 4 12-11 t$2 — 5% 25c (quar.) 4 12- — 12-15 27'Ac com. (quar.) 12- 12-31 Boxes, Ltd.— 12-21 10% 25c (quar.)—: Utilities, 6 2'Ac 4 12-31 t$1.12y2 2 1- 11-30 12- Ltd.— Co., 1-11 15c 4 1- 12-15 1- 2 11-20 (quar.) 5% Corp. —! preferred 50c Co. 1 12- Ink Power California Water Service Co. (increased quar.) Calumet & Hecla, Inc. iquar,). 1 3-15 12-19 Timber quar.)__ (quar.) preferred 5.40% 4 10c 110c (increased dividend preferred 5V2% 9 2 'A % sinking California 12 15 12- & Electric preferred Co. (quar.) (Philip) 5% 11-20 50c ; Corp. A Baxter Carey Stock 1 12-14 12- 1- 185c —————— Class 12-21 11-30 12-31 (s_a) Year-end 12-10 12-31 12-15 12-15 11-25 12-11 12- 11-27 11-30 125c Ltd. Products (quar.) Transit Co. (quar.) Central. Coal 12-15 12- 12-28 2 14334c City Central 12-15 75c common Buildings, (quar.) Wirebound class 4 4 37'Ac (quar.) Ltd., Canadian 8 1212- 80c (quar.; Co.' Calaveras Land California 10c (quar.) (quar.) Co., 4'/2% Central 5c Inc. Financial 12- 2'A% 1- 12- 1- 130c Refractories, Ltd.— preferred (quar.) Ry., I. 12-15 $3 1 20c dividend Camden Extra__ Co. Terminal 12-29 20c — 12-10 12-19 10c 12-10 5c 12- 12-15 12-15 1 t$1.25 I (quar.)— __— Canadian Ingersoll Rand Co., Ltd. 11-27 5% (quar. 1 . Co.__ Corp., 65c 30c 12-15 50c 7'Ac 18%c tquar.) dividend Ealcrank, 12-10 25c (quar.) Mills Baker-Raulang Co. 1- C. dividend Paper 2 12-22 11-30 2bC Copper & Zinc Co Butterfly Hosiery Co.. Ltd._ Inc.— iquar.)__. Inc. Wilcox 30c 12-31 10% Co., preferred Stock (quar.)__ 2 12-16 $1.25 Butte Ayshire Collieries Corp. (quar.) B/G Foods. Inc., common (quar.) common Bush 1- non-voting pfd. (quar.) Voting Machine Corp. (year-end) (quar.) A (quar.) com. Extra 145c Mills Avondale Watch Dry Dock Burroughs Corp. 68%c non-cum., Automatic Corp. Burrard 1953)_ fquar.l__.___ Alarm Co., dividend Burnham 11-25 12-15 12- 1- 12-16 2 2% (year-end) Burgess Battery (quar.)__ 30, — preferred Automatic dividend) Extra of America— (quar.) Automatic Sept. 5'A%: preferred Automatic Canteen Common 30 June Co., (stock Co. 12-15 12-15 12-21 2 $1 12-15 2 110c 2 93 %C (quar.) Co. 2 II-30 3 12- 25C!,il (quar.) (quar.) (quar.) Line Co. Pipe 2 11-25 12- 1- 12-19 $1.50 1- 12-21 4 6O0 common Co. 1- 12-15 12- 25c Oil Bucyrus-Erie 115c 12-14 2 25c Creek Bulova 1 10c 11-20 1- 12- 12-15 30c Chucking Grinder (quar.) 12-15 Products, Ltd.— Finance Co., preferred Mfg. . (quar.) Co. Extra Buck 12-15 10c Extra quarterly payments of 15c covering the three quarters ended each Co. preferred Bryant 1-15 12-24 35c 25c (quar.) com. (quar.) Brunswig Drug Co. (quar.) 12-17 12-11 12-12 15c (quar.) Corp., Brunswick-Balke-Collender 4 11-16 12-24 12-18 12-18 2 2 12-15 125c A Carriers 2 'A % .__ (quar.) Co. L.) 8 12-16 1- 1-25 1- t$l t$1.25 (s-a) (interim) Electric Extra Liquidating (three A (E. 3%% I-29 40c Ltd., ,_ A Bruce 11-30 12-11 80c (quar.) Service, preferred 12- 12-24 11-16 117'AC (quar.)__ (quar.) 110c . Co. Electric Babcock Rubber Brown $4 2 2 12-16 125c (quar.)__ (quar.). 12- 1 1- Ltd. Machine Carnation Co., Ry.— common 12-15 2- 12-15 1 1- 115c 160c t$1.50 1$4 Ice Class 1 40c (quar.) (quar.) Distillers 12-10 12-17 11-25 12- 128%c (quar.) dividend)— 12-22 50c (quar.) A Ltd. Ltd. Corp. Bigelow, junior Co., Electric Market & 110c Ltd., Extra Baldwin Brown preferred Banknote, preferred Broadway 11-23 $1.25 (quar.)— (quar.)—, Auto Stock 5% 11-23 12-15 $1 ; B Atlas Badger 11-27 12-15 $1 Powder Stock 12-23 2 4 12-21 2 15c 3%% American General Extra 12- 25c British $1.25 (quar.) Extra Babbitt Columbia 12-15 11-27 —37'Ac (quar.) common Extra Class American 12-24 12-23 $3 — (Conn.) RR.. Refining Co., Atlantic 30c British 3- 12- 11-16 Extra Canadian Carey, 25c (quar.)__ Bristol-Myers Co., British $1.25 — RR.: Extra V/2% Co. 12-15 12- I 12-12 50c (quar.) Extra 4 Brunner — Atlantic - Bristol 11-23 4 1 12- 12-15 12-23 30c . Bright (T. G.) & Co., Ltd., 5% pref. Bristol Brass Corp. (year-end)___. 12-24 12-15 2 12- $1.10 II-27 $1.25 Extra Auto lf. 12 11 Corp. Breweries, Carborundum 2 1- 1- 50c : 12- Co.— (s-a) Atlantic Class 12-11 Stratton 12-17 $2 preferred Atlantic Auto , 45c Extra Class 12-11 $1.50 (quar.)— Atlanta & West Point Atlas 12-31 & Year-end Brown (accum.) 3 12-10 +$1.50 Briggs 12- 1- 2 50c (quar.) 1 2 12- 1-11 11-13 12-15 175c iquar.) preferred (quar.) Canadian Dredge & Dock, $1.50 12-17 1- 11-13 Co., Ltd., cl. A (quar.) preferred Capital 11-30 15c 1 1- 3 12-14 75c 3 $1 3 12- Light & Power Co., Ltd.— $41 arrears (quar. 1 Atchison, (s-a) (quar.): (quar.)___ 12- Co- Telegraph payment 12- 1-16 $'3 __; Co. 20c Associated 12-15 12-31 12-15 12-10 12-15 12-15 (quar.) $1.75 Central (s-a) 12- 40c 1 Co. , 37'Ac (quar.) common 1-15 12-28 150c —— Rubber & Sons 25c —: 150c 12- $1 year-end;_ & 115c Co., Ltd. (year-end) Celanese, Ltd., common (reduced) Canadian 12-15 12-10 Canadian $2.25 Bearing Co. J.) $1.25 (quar.) common (quar.) 12-22 87'Ac 12- 125c (quar.) 11-30 12-16 $1 : (extra)_ 12-15 1 $1.25 2 2 $1 12-18 2 1- 25c Breeze 125c Ltd. I Water 25c (quar.)_ Extra Ashland Class Brook 12'Ac (quar.) Corp., (quar.) , common Hose 30c Co. Inc. 12-15 1- 1- I25c 35c (increased). Corp. (year-end) Bridgeport Brass Co. (qua'r.)___ 12-31 11-30 25c (quar.) Corp. RR. 'preferred 6% 6 50c 2 25c C.) (quar.)__. Brazilian Traction 5 11- 1- $1 2 12-28 175c Bronze Extra— Extra 12-15 12-15 12- 4 11-27 11-30 62'Ac (increased) (N. Club, Co. preferred Bound 50c Asbestos 5% (E. 59%c (quar.) (quar.) Extra $5 Roller Brach 8 12- 2 75c 50c (quar.)__, • preferred & Bower 11-30 12- 2 1- Co.— $1 class Corp. 11-30 70c — (quar.) convertible Constable 6% 12-15 12-19 1- 12-21 $1.06'A v (quar.)_ Corp., Woven 12-15 2 3-10 20c Albany 11-30 2 3-10 12-10 1 30c 93%c (year-end)_— (quar.)______ (quar.) B 4% % & II-30 75c (quar.) Co.. common Arnold Boston 12-15 1- Canadian 35c (quar.)' preferred Brass preferred 12-15 20c Corp. Armstrong Rubber Co., 3V2% 12-29 1- Canadian 1 1 1- J'25c (quar.)__ Canadian 9 $1.18% a (year-end) 37'Ac pfd. pfd. Co. Boston-Wharf $1.50 1 2 40c Class 12-10 1- $3 (increased) com. Co. & Inc. Boston $1.75 12- 15c Ltd. 34%c Light Co., $6 pfd. (quar.) Gas Stores, 27'/2c __. 12-15 $1.75 (quar.) (quar.) Chemical 12'Ac (quar.)___ (quar.) Western Steel Armco (initial)- com. pfd. (quar.) Tobacco Aluminum 11-13 1-15 B 2 'A % Borden 12-15 12-11 *'■ Extra dividend Book-of-the-Month 1 12-15 12-22 11-25 Co.— (quar.) 12-21 12-22 7% Co. 12- 2 10c (quar.)— Armstrong Cork 1- 12-10 12-12 50c Ridge Insurance Bond 11-12 Co. preferred Bohn 25c (quar.)— Arkansas Power & Blue 12-22 9 Corp., (quar.) Borg-Warner (quar.)___ Louisiana 11-10 (quar.) $1 Arkansas-Missouri Power 6% 50c (quar.)___________ Cameras, Arkansas $1.75 _____ (s-a)__. Argo Oil Corp. 7 12- Wire & Cable 50c (Phila.), 5% Bonneville, (quar.) preferred Argus com. 30c . Cement Co.. (annual). Brothers 6% 1-26 12- Canada 6% Valley Gas & Electric— preferred (quar.) 12-15 5% (s-a) Apex Electric Manufacturing Go.— 7% prior preferred (quar.) Apex Smelting Co. (quar.) Arcade pfd. Blockson deposit receipts ord. Canada 4- 12- (quar.)_ Ltd. Corp. 1 5% dividend) Sivalls & Bryson, 4.75% Anglo-Iranian Oil Ltd.— Anglo-Huronian, Anheuser-Busch, & dividend) (quar.) Hotel 40c (quar.) Corp., Mortgage 12-15 Blackstone 8 Power 12- 135c 2 2 1 SI 2 4- 12- 1- __— 4 1- 2 12-18 130c Ltd.— Co., 1- 1 2 12- (s-a)„_; 1- 2 2 12- 12-18 (quar.)——_— Railway (s-a) Steamship Lines, 5% pfd. 1- 12- 12-17 (quar.) Southern 50c Electric 75c (year-end) Canada Liquidating 2- 12-17 150c 1$1.50 (quar.)_________ Land Permanent 1 4 50c Steel $1.75 Co Co. (stock (quar.) Mfg. Co. 125c Mining & Extra Betniehera Black :___ Northern Canada 12- 7% . (quar.) 40c Copper Anglo-Huronian, 12-31 12- Co.— (quar.) Wire 1-15 12-15 12 "Ac (quar.)__: Corp. Canada 11-30 75c iquar.) (stock preferred $1 1 12-14 12-15 1- 1 150c West 4 117'Ac Year-end 4% 25c Paper Co. Corp. $1.75 (quar.) prior preferred (quar.)____ Ampco Metal, Inc. (quar.) American Watch Common 1 North 2 11-23 7 zl 1- 110c ' : Bessemer Limestone 12-10 12- 12-15 Corp. dividend Benrus 12-15 Canada 115c (quar.) Aviation Stock 11-30 .__ (quar.) common Stores. Bendix 2 Co. Ltd. Co., 1- 50c (quar.) Ltd., 5% pfd. (quar.)______ Corp. (year-end) Telephone Co. of Canada (quar.) 2 2 (quar.) Ltd., Aircraft 1- 12-23 7 12- —_ Malting 8 135c I__ .___ preferred 1- 1- Co. Extra ,1- 1-15 RR. Packing Co. Corticelli, 11-25 12Vic _______ $5 Anaconda Beech-Nut 3 Beryllium ____ Anaconda 4 12- 25c preferred American Creek 12- 2 Assurance Extra 125c (quar.) (quar.) 1- Canada 1$ 1.-50 (quar.) 12-15 Ltd. Foundries, Special 12-14 11-25 1- 50c preferred 7% 2 125c preferred 3 Machinery Corp.,, Ltd. 12-11 12'Ac common $1.40 12- pfd. Products Co. Writing Extra 5% (quar.) Ltd., $1.40 12-18 $1.50 Co., 12-12 $2.25 Thread A 2 Life Canada 12-21 Iron 11-30 1- .. Extra— 8 12- 2 137'Ac —— —__. Canada 1- 2 1- 1$1.40 (quar.)_ Canada 12-15 1- Ltd.— 110c iquar.) 12-15 $1 (quar.) com. : Inc. 2 2 4 4 Forgings, 12- 15c ;— B 15c (quar.) 5 1- 1212- 10c 1- 12-31 Class 11-20 2 $1.06'A (quar.)—__. 50c 1- $1.75 Co., (quar.) American $4 Class 2 50c Quarterly American 1 1- 75c Surety Co. (N. Y.i (s-a) Telephone & Telegraph Co.— American 12- & A 12-21 1- (quar.)_ com. Extra_ 12'Ac Apartments A 1- (quar.) Ties, Lumber Class 5% Sugar preferred American Beaver 30c (quar.)_____ Co. Beaux-Arts 11-20 $1.50 ._ (extra) Foundries Class Holders 1$1.50 (quar.) Canada 12-10 When Payable of Ree. -v 5c 11-20 Co.— 12-10 12-14 132V2c Stone— (quar,)— preferred 12-10 12-14 (quar.)_ Cut & Dry Ginger Ale, Inc., $4.25 2 10c Corp Brothers,. Ltd. Brummell Beech (quar.) Canada 2 50c . (quar.) Terminal Beatty 12-14 12-10 2 1-2 20c Extra Beau dividend American 1%. 1 (quar.)____ American Stock 12- 2 7 1- 1- 180c . Corp. 12-15 1- 12- Co. . Ltd.! Industries Works Bayway 20c Stamping Co American Furniture Iron Bayuk Cigars, Inc. $1.75 common Bath 1 (quar.)_ Snuff, Basset Crushed Share Ltd. preference 1- 10c 1 12-15 Guaranty (quar.) 1 12-15 2 1-20 1- 45c 12'Ac common__.— 12- (extra)- Smelting- & Refining American 1 12-15 Corp.— Corp. (quar.)_; Razor Corp. (quar.)___ American Corp. Oil, 12- Wool American Oil 12- 25c $1.30 Canada $1 Common 12-15 25c (quar.) _J Canada, 12-15 43%c 6 11-30 $1.07 : of 12-15 (quar.) 11- $1.25 — common Mortgage $1 : Corp. 12- 2 & $1.183A Radiator & Standard Sanitary Common (quar.) Republics Bareco 1 50c ___; Amer. American Barber 1 12- 1- 8 12-18 10c Bond 50c (quar.) ___. _ 12-14 12- 12-15 12-15 12- of Company Canada Cement Co., $1.75 America 12-31 $3 6 6% "preferred (quar.) : Earber-Eliis 12-15 50c $4 pfd. $4.75 of 2-19 $1 (quar.) American Potash & Chemical Class A Class B (quar.) (quar.) pfd. (quar.) 11-16 1 11- 15C Extra 37'Ac __ 1 annual) com. (s-a)_____ Optical Co. 3- 8 Building & Equipment Corp. of America— 50c (quar.) Finance, 12-14 Per Name 12- $4 (quar.) (quar.) Quarterly Bankers dividend 4 'A % preferred preferred Bank Ltd. Co., Co. Holders Payable of Rec. $1 preferred & Sons 5% pfd. (quar.) Bangor-Hydro Electric Co., 14% preferred (quar.) 12-31 $1.75 i_ Co. Metai 8 12- 35c (quar.)__ American 12- 12-22 common non-cumulative (Joseph) When Share RR. Bangor & Aroostock RR. Co.— 35c ._ American 12-22 10% (increased) com. Year-end 11-25 25c ____ 4% Ohio & Bancroft 11-25 12-16 of Company Baltimore 7 2 1- 35c (quar.) Per Name 7 2'A% ___ preferred Holders 12-10 25c (quar.). - Extra 1% 25c When Payable of Rec. 13 1 , 12-31 12-15 12-15 12- 3 12-15 12- 3 12-10 II-23 12-15 11-21 TheCommermaland Financial Chronicle i " ■' Company *>'•*• • Name of Claude Calussner Clayton -* - y' y.'\. Inc. Neon. . — Hosiery *preferred -ts-a vl- 5% Co., Mines Mahoning Silver Clearfield 6c Per When Holder• Sharef Payable of Ree. 10c 12-31 12-15 12-18 1- 2 -$2.50 11-21 12-15 2c 12-21 1- 2 $1.50 12- 3 V.,. - _ (s-a)__. Ry. Cleveland Cliffs Iron, common 1953 Molybdenum Co. (quar.)__ Clinton Poods, Inc., common (monthly) (guar)- Corp. (quar.) __________ (quar.)—_______ Year-end ——— — ——_— Climax 4Vi:%. Co. Peabody Cluett 7% preferred convertible Chemical Clorox Co., & <year-end)_-—\. com (quar.) 4%- 2nd preferred (quar.) Coast Counties Gas & Electric Co. Foil Cochran Special _-_ Coleman Inc., Sand Central Colorado Fuel Co. Stone 6c Products Color-Craft 12-11 12-11 12- Deere 12- 12-15 12- 12-15 12- Iron, & 12-12 12- 12-12 12- Denver & 12-11 12-31 12-15 2 12-18 Detroit 12-29 12-21 2 12-21 12-21 2 2 12-17 10c (quar.)—__ 37'/ic 12-31 12- 62Vic 12- 4 12-31 12- 4 12-31 12-16 4%; Southern & 1930 $1 $2 30c 2Vi% 10c (resumed) : payment since preteried——_T 2nd s.__—— Mfg Co. (year-end) Columbia Pictures Corp.- (stock - Credit Shearing 6c dividend Stock dividend (year-end) !— Investment Co. (Del.)— Hotel, Commodore Commonwealth Inc. investment-income and from <10c — capital gains) 9c 12-19 • 12-10 11-16 12-31 12- 12-15 12- Diana 12-15 12- Distillers __ - ... 12-22 12- 12-15 11-25 -• . Connohlo, Inc., common 40c -•> preferred preferred 40c - : (accum.) Consolidated Cigar Corp.' (quar.)——— Consolidated Coppermines Corp. (special)— Consolidated Edison Co., (N. Y.) (quar.) Consolidated Engineering Corp. (quar.) Consolidated Freightways, Inc., com.-(quar.) 6% 1st preferred-(quar.) Consolidated Cement, $1.40 class A Utilities Consolidated Gas Consolidated Rendering . . —— Consumers Co. Consumers Credit L, _ $1.12V2 $1.13 preferred (quar.) preferred (quar.) $4.50 $4.52 (quar.) (Chicago) Co. Continental Assurance 40c 40c Extra Continental Can 60c 9334c SLOe'/i (quar.) Co., common preferred $3.75 (quar.) • 12-31 12-14 12-14 7% s (quar.) Continental-Diamond Fibre Continental Foundry Co. Insurance (quar.) Year-end Motors Continental Continental (Del.) Oil (quar.) Corp. Steel Continental (quar.) pfd. 1 accum.) Copperweld Steel Co., common 5% conv. preferred (quiir.) (quar.) (quar.) preferred Extra Cornell Extra Products & Cosden 11-14 12-11 1- 4 12- 1 12-16 1-2-54 12-15 12-15 11-30 12-15 11-30 12-26 12-14 12-14 12-15 12- 4 11-30 11-30 12- 1 15c 46c 20c 50c 62'/2c 75c 12-10 12-23 12-14 12-10 12-10 12-10 11-20 12- 4 11-16 11-25 11-25 11-25 Dun preferred (quar.) Petroleum Corp. Amer. ' (quar.) iR. Crampton Crane common (quar. 1 Extra 3% % Criboen Creole preferred 61 Sexton Petroleum (quar.)J Co., Special Crown Cork class $1 5V2% Co., Cross preferred International A $1 class A (quar.) - Crucible Steel 5% (stock preferred Co., dividend) (quar.) (quar.) 12-15 1-15 12-10 12-30 12-30 12-21 1- 2 25c 1- 4 12-28 12-21 12-15 11-27 12-18 12-18 12- 3 5% 12-10 12- 12-24 $2.50 1-2-5$ 12-15 12-16 12-31 iC. 2 Vic (quar.) 12-31 12-21 12-15 12-- 4 12-21 12- 1 12-15 12- 12-10 Inc., 11-24 $1 W/bC 12-10 11-24 12-15 12- 2 2 12-10 4- 4'/2% 1 12- 1 12-10 11-25 v. First National Stores 1 12-15 12-14 11-23 87 Vic 1-25 1- 8 $1.12 Vi 1-25 1- ; (quar.) 1- (increased Florida Inc. Chemicals, Florida Power & 12-15 Florida Public 4%% 12-10 Food Fair share of seven shares preferred 12-10 11-30 1 1 3'/4% Inc. 12-11 12-18 12-11 25C 12-12 11-20 (quar.) 12-10 11-24 12-31 12-10 Fostoria A (quar.) Class B (quar.).. (quar.) Refining, Fruit the of 12-10 $3 12-10 11-20 Fuller 12-15 11-16 Fundamental 12-16 11-30 12-15 12- 1 1- 2 12- 8 1- 2 12- 8 50c (quar.)_ States Corp. Kodak Co., .1 common 2 12- 4 ... $1.60 12- 1 2 12- 4 1- 2 12- 4 1- 2 12- 4 30c 12-28 12-11 30c 12-28 12-11 30c 12-28 12-11 30c (quar.) Extra 12-28 12-11 Fund— Balanced Howard 35c Quarterly from investment income From realized profs, payable in cash or Eaton Howard & Quarterly Ecuadorian Stock Ltd. Corp., 3 12-24 12-10 10c (quar.) Brothers 12-21 11-30 Edison (Tlios. Ltd., class 12-15 12-10 and dividend 6%% Paso B class A (One for each common preferred 12- share 50 Gas, 1 (quar.) , (quar.) & Co., common (this payment clears (quar.) Power — Co., common (quar.) (quar.) preferred (quar.). preferred 5% 5Vi% Mountain Coal Co.— Gaylord Container Corp. iquar.) General Acceptance, common (quar.) Gauley $4.50 General American ——_ of class Class 12-12 11-30 General 2 12-19 ! 30c 12-10 11-30 12-10 11-30 (quar.) preferred American Oil Co. A — General 11-30 y2 12-15 11-30 40c 12-18 12- Baking Co., $8 pfd. Box (quar.) 2 Corp., preferred 1st convertible Candy (quar.) (quar.) Co. Cable common (year-end) ___ (quar.)., preferred 2nd 11-36 12-15 11-36 12-18 12- 8 12-18 12- 8 12-10 11-26 12- 12-15 6 12- 12-15 4 12-15 11*3® 12-18 11-13 12-10 11-26 1- 11-36 2 1 12-10 12- 12-15 11-36 1- 2 12-15 1- 2 12-15 1- 2 12- 4 12-10 11-25 5 11-25 1- 12-15 12- 1 12-!20 12- 4 12-28 12- 4 1- 4 12-17 1- 4 12-17 1- 2 12-11 1- 2 12-11 12-15 1 12- 12-15 11- 6 12-15 11- 6 12-15 12- 1 4 12-15 12-22 12-14 1- 1 12-15 12- 12-10 11-25 12-21 12- yl2-28 56lie 37Vic 40c 1- 4 12- 8 1 12-18 12-10 11-20 12-31 12-10 79Vic 12-14 12- 12-11 12- Corp. (quar.) $1 37Vic $1.12Vi 15c 15c 50c $2 50c 5c 2c 55c 50c 25c 25c General Cigar Co., common ' 40c SI J30c t$1.25 f$1.38 (quar.) 25c 20c 4 11-27 12-1 2 12-15 65c $1 (quar.) Extra Extra 1- 11-27 1 2Vic 4% General $1.12 ya 12- 12-4 25c (quar.) B convertible preferred $2 1 12-15 12-10 1 ■ t 1- 2 12-14 X 12-20 12- 1 1 1- 1 12- 1- 1 12- 1- 1 12- 1 12-10 11-27 12-10 12- 2 12-15 12- 1 1- 2 12-16 1- 2 12- 4 1- 2 of Texas— (quar.) 4% B $1.62 1 12-13 12-18 25c Extra 12-10 (quar.) Class 12-15 1- I 12- 1- 2 Investors Co.— convertible prefeired (quar.) General American Transportation Corp General Aniline & Film Corp.— 35c held) (quar.) Corp. Gatineau General shares of class A common Co. 1st preferred 11-16 $1.06 v* (increased) preferred .(quar.) Natural 11-30 12-15 30c A.),. Inc., — (quar.)__ Participating 125c A (quar.) Inc. (quar.) preferred (quar.) (increased). common 12-21 $5 Stores, participating 12- 12-22 $29.85 preferred 6% income 12-22 from net 9.2c from security — Common 10c 4V4% $4.50 12- (year-end) Corp. Eddy Paper Co., El 12-10 12-24 27c Extra Eddy Paper 11-17 12-24 60c Fund— investment from stk. 12-19 34V'sC (s-a)_ arrears) General & » 12-19 12-24 first preferred all 20c (quar.) 12- Co. (Theodore) $1.60 1- $1.50 Extra B Garrett 4 1- 8 2 $1.50 25c (quar.) (quar.) Inc. (25c and income E.) (R. (Robert) Galr 12- 12-18 Co. A.) convertible 4Vi% 2 50c 8 12- 1 37Vic 25c 5c (quar.)—> profits) 1- 45c 12-16 12- 2 Inc.— Investors, investment $1.50 (quar.)—. (year-end) pfd. Easy Washing Machine Corp., class A (quar.) Class (George Funsten Gary 2. preferred 11-27 Corp. preferred non-cum. $1.75 preferred A (accum.) $6 preferred B (accum.) Eastern Sugar Associates, $2 Extra 12-10 11-27 (Md.)— $7 Eastman 12-10 1— — common Loom, 11-20 25c Co. Iron Steel Pressed 12-10 $1.12 y2* — Fort Frontier 25c 2 2 1- t50c t50c 25c Wayne Corrugated Paper Co. (quar.)— Foster & Kleiser Co., class A iquar.) Class 25c com. 11- 7 of Canada, Ltd.— Motor Co. Ford 25c (s-a) 11-20 81 Vic (quar.) preferred 12- 12-18 30c (quar.) Fuel Associates* 12-4 12-15 12- $1.05 12-10 115c ... 8 12-15 12- 20c (quar.) 12-10 12-31 Extra Eastern Eaton Stores, 31 Vic Ltd 12- 2 1- 12-18 $1.1834 $4.20 preferred (quar.) Food Machinery & Chemical— common (quar.) 1 12-15 40c 15c (quar.) common (quar.) Inc., com. 12- held) Lines, & common Utilities Co., 11-19 17 V2 c __ (quar.) (quar.). (One Mines, Light Co., 12-15 50c iquar.) 1 12- 12- $1 37Vic 25c Inc. 12- 12-11 .12-15 50c (quar.). 5 12-11 1 12-14 12-24 10c (quar.) Corp. Power 4 2 ± 1- t30c 10c (quar.) 12- — — $1.25 (quar.) common 11-30 50c 1- 1- 11-30 12-15 12-14 — (s-a). common (quar.) class A 1- 12-22 12-15 25c (s-a) class A pfd. 12-10 40c 25c Co..^ Co., $4 9 $1.12 '/a (quar.) Mfg. 9 10c 12- 10c —1—_— preferred 1212- 40c (quar.) (s-a) Year-end 12-21 $1.75 Instruments, Inc. _ (quar.) Porter Co., Fittings, Ltd., Flintkote Co., 12-21 12-10 12-21 $3.50 *$3,50 3c 75c 30c 50c 50c (quar.) Corp. Carpet Co. 40c quar.) (quar.)_l__ of Philadelphia Fire; Association 8 25c 1 12- 4 ^ 35c 40c .. —i— . Participating 2 $1.25 (year-end) 1- Baltimore— at _j.—— 12- Fischer & .... common (quar.) Malleable Stock 12-17 Financial (quar.) 12-15 .. 12- 18 2 1- 12-11 20c ——— — (quar.)_i^__—___.— Industrial Fund—— 12-15 Laboratories— preferred Eastern Class B 12-17 B Firth Co. Air 3-10 12-15 A Class 30c 12-10 12-31 Class First Bank Stock & Potash Co. Sullivan 1 50c 4 12- each for 12-15 2% 12- 12-23 12-11 common Corp. 12-10 1- 2 2 35c 4 1- 1- 40c ■ * <> (quar.) Co.-of America 93%c (quar.) 12- 35c y Corp. of Del.< (quar.)__ Flltrol t Finance 50c dividend Gas 11-27 12-10 12-21 12-22 2 Y.)— (N. Insurance __i.__—— 11-25 & Sulphur Eastern 4 10c Extra- 1- ' 35c 50c .. (quar.)..— .... Eastern 1 $1.75 - common A.) Plastics 6% 1-15 5 1 ..-75c 75c — "Fiduciary Trust'(N. Y.) • 5 12- 12-15 50c — Year-end 12-21 1- $1 : 1 1-15 25c 4 1212- 12-15 37Vic iquar.) Fire Fidelity-Phoenix 1 11-25 .12-10 12- 12-15 12-15 15c ; : Corp. : Ferro 12-10 International Eastern 12-11 12-31 4 12- 12-15 11-30 12-15 1 12- 12-15 1-15 12-15 — Extra East 11- 2 12-10 $1.25 ~1$1.75 12-30 12-10 1- 12( 12-15 ;40c Federated ^-Publications 1- a Quarterly preferred (quar.) 50c Seal $2 pfd. Co. of America— & 2 25c — $1 Cork Common 12-31 25c-w Participating Crown 12-15 12-31 15c 50c 4-P 2 1- . (quar.) Co., Eagle-Picher 25c Class B 11-13 1 1- \ 110c - (quar.)^ Electric Edison _ 2- Rubber 'Co. - (quar.) _______ Products Co. iquar.)..—__ Mogul- -Corp.- '(quar.) ,__ Fedeyal Screw Works (quar,)— Federal United. $3 "preferred (quar.)_ Federal ] 1 12- 2 120c 25c 5,%. 25c — Electric Federal • 717/«c Nemours, stock Corp.— (quar.) Participating « (quar.) 11-17 1 1 1- 62Vic 135c (s-a) _—<=.— (quar.) preferred Stock $1.50 (quar.) (quar.) 12-14 12-15 125c quar.) (reduced Bradstreet, Inc., common Duval 30c 9334c common Corp. 12-29 1 12- 60c 30c 10c 50c — i Faultless 1-15 12-15 12- 1 30c 70c (quar.) Corp. 1-15 1- y 50c 10c * Canadian Corp., Ltd. (quar.) dividend Stock 12-31 . - 1-29 25c (quar.) Metallurgical Fansteel 12-23 12-29 7 12-18 1 _____ Extra 12-10 1-15 25c Duriron, 50c (s-a) Co. Mfg. Co., pfd. & Durez J15C 5% (quar.) 2 preferred B Famous Players i-i5 110C Extra 25c Ltd. L.» 12- 12-11 First Security Corp. preferred Dunhill 5c Shoe, Craddock-Terry 5% 1 4 2 i (quar.) Co. Power 5% 10% (interim) dividend) (stock 4 1-• 110c - preferred preferred Dunham 20c receipts for ordinary dep. Chemical 11-30 115c * (quar.)—— 4% (Allen B.) de Duncan $1.31 Vi 25c 15c 10c Corp Quarterly Crain 50c Co., preferred 4V2% Ltd.— Courtaulds, Cowles (quar.)__ A 12-15 ■140c Extra 12- 7 Reynolds Corp.— International Coty _ (quar.) dividend 11-30 L 7% preferred (quar.) Dumont-Airplane & Marine 25c (quar.) (quar.)__ — Corroon $1 preferred Paperboard Inc. Coro, com. ___ series A $5.25 11-28 12- 1 12- 2 1- S: — Co. & 12-15 12-15 12- (quar.) Morse 12-15 12- 12-15 $10 Falconbrrdge Nickel Mines, Ltd. (s-a) 125c Falstaff'Brewing Corp.,1 4Va% pfd. (quar.)_$0.185625 Family. Finance Corp.; common (quar.) 35c 4M»%. preference A iquar.)_, 56V4C ' Extra 25c Cornell-Dubilier Electric Corp., 12-15 1- (The) 12-15 2 1- 12- 1 ... iquar.)— -—1— - Fairbanks 12-15 1- Co. 2 1- 12-31 ^Falrmount Railway Motors 12-19 140c :— (quar.)____ preferred $4.50 12-31 10c (quar.) Corp. Refrigeration Corp. Coplay Cement Mfg. Co., 6% Copper Range Co. (quar.) Copeland 6% 4 _ 11-28 Ltd.^— Industries, Inc., common Pont Duke 1- 2 1-2 12-15 65c (quar.) Extra 11-30 12-15 120c Ltd.____ (quar.) 7% preferred- Corp. $3.50 35c (quar.) preferred Continental (quar.) Drug 5% Co. Continental Gin 4V2 % (quar.) Co. Machine Co. & 12-18 — Mont Du 20c Common Fair 40c Co., ,'J (quar.) 3%% ! preferred du 12-17 12-17 11-25 12-15 12-15 11-24 12-15 1- 2 Extra ' Chemical & Tar Driver-Harris Copper & Steel Industries— (quar.) 1 15c Ltd.I (quar-,)—..L_ I. Structural Steel,'Ltd. (quar.).—_ Dravo Corp., 5%% 65c Continental Corp. 1 12- 12-11 * Drewry's Ltd. U; S. A. — Common (increased quar.) 12- 7 12- 7 12-31 Dow Dresser » $1.13 Commercial 12- 12-10 45c ■ Stores, preferred Draper j 20c 1 Continental 12-10 ! ^ Bearing 11-25 12-15 Inc.. y(quar.) Year-end. Fafnir 12-31 $4-preferred A 12- 1 1- 2 1- 2 12-31 Products, 11-21 11-25 12-10 60c (quar.)____ Fabricon 11-21 7 12-10 12-28 (quar.)..—_ Y.) 12- 10c (quar./__ii._____—i (N. 7 2 t30c t25c 87l/ac $1 20c 30c 12Vic — Co. 12-15 — Investments, preferred Insurance 25c (quar.)... 5% 7 12- 1- 50c Excelsior 12-15 iquar.)_____ Ltd. Inc., Plantation Co, 7 12- 2 15c (year-end) 4 130c Oil Co. of California (quar.) Chemical Co., common (quar.) Dow 11-30 12-15 12- 2 1- 35c (quar.) Ltd. Co. Corset Co., Co. 12- 1- 5c : Products 11-19 12-21 12-21 1- Pittsburgh RR. Eversharp, 11-19 12-15 25c /Douglas 11-16 12-11 12-1 11-13 12- 2 -12-1 12- 1 12- 8 12- 4 12- 4 12-15 12-11 30c (quar.)___ Monthly 15c (quar.) Continental Car-Na-Var Corp. 12-21 11-16 11-19 12-26 12-15 guaranteed (quar.) Erie Railroad Co. (year end) Erie Resistor Corp., common (quar.) $1.20 preferred (quar.). —1 Ero Manufacturing Co. (quar.) ... Domlnguez Oil Fields' Co.— 3c 10c preferred 12-21 $1.10 (quar.):— -$1« preference (quar.) Dominion Textile Co.,. Ltd. 35c 2nd $4.25 12-4 12-19 12-19 3-20 1V2C 8 12-11 12-15 12-26 •, ____— _— B Class Erie & 37 Vic (increased quar.^_..i__'____— Stores Common ) Co. Power Consumers 12- .$1.50 ...— Dominion (Fla.)— Corp. (initial) A Class (quar.) 1-2 .1- 2 1- 2 4- 112-15 12-23 12-18 12-15 12-14 12-15 12-15 183/ic 50c 50c 75c (quar.) Corp. Co. jquar.) Extra 28c 10c ..$1.50 12-18 A Ex-Cello Corp. (quar.)^__-w.__.—... Ltd. (quar.) Corp. Extra .(Dominion 12- 1 60c 10c 30c 8 150c (Dominion • 12-15 10c $1.80 50c 15c 12- 1$1.25 12-10' 12- 1 10c - 1-15 1-29 Ewa • _ (,quar.)__ Car Co. "(Dominion-Scottish 12-18 12-15 - Class 12-18 25% • (s-a) (quar. )—— . •>- 11-30 •- .... - (quar.).. Cement (quar.) .(Dominion Glass Co., Corp. (year-end)—• jConnecticut Light & Power Co; 11-16 1 • "*> 12-12 115c ^Dominion Foundries & Steel, Ltd., common.. t$i.i2y2 4V2% preferred (quar.) 11-30 12-15 1 15c Co. ^Dominion 3 12-15 8 12- 10c Extra 12- 12- 12- 12-15 50c Corp.-Seagrams, Dixie-Home , 12-15 12- 4 12-18 12-15 12-15 — —__——— Stores Dixie Cup 4 12-15 5c 30c 20c Motor 11- 10c — —- , T 11- > I37%e 37Vac — — Inc. .(quar.)—_ Connecticut .Investment. Management Semi-annual Diamond 2 12-18 participating Quarterly Congoleum-Nairn, 75c held 100 12-15 12-22 25c participating preferred — Equitable Office Building Corp. (quar.) Equity Fund, Inc.— (6%c- from net investment income and 3V5C from net gain on investments) Erie Flooring & Wood Products, Ltd.— 12-18 ; Extra i 12-18 preferred—" t$4 Confederation. Life* Association (Toronto)-— i 8% «-• 12-30 15c Dobeckmun (quar.)—.— Machinery-. Corp.- iquar. t Conde Nast Publications,. .Inc. (quar.) Confederation Amusements,-Ltd.— Shoe 12-15 (s-a)- dividend) 12-28 12-28 $1.75 35c $1.25 50c 20c 12- 4 $2 (quar.) Portland Diamond from —; Community Public Service Co.Compo 12-30 1- 12-11 25c preferred 4.40% 19c 25c H'/ic 15c — (s-a) Commercial State Bank &.Trust (N.Y.) Stock 1 25c 5% $1 10% 50c (quar.)— Stamping 12- 12-28 , Equitable Credit Corp.; com. (stock dividend) A year-end extra of 1 Vi shares per 100 held An extra of 6/10ths share .of stock per 2 12-15 each (Payable In class B stock.. Subject to ; J approval of Calif.-Corp. Commission.) > $3 preferred (s-a) I Diamond Alkali Co., common .(quar.)—— 10-23 Co. .(quar.)——_ Commercial Commercial 8 r 50c 60c —— 3 $1 (quar.) —... Co., com. (quar.) 7% 15c Class 12-18 12- 12- 12- C. ap- Corp., 1st preferred Giorgio Fruit Corp.—r A & class B (stock Di 7 (quar.) Co. Carbon Columbian dividend)— (s-a) Insurance Columbia:Title 12-30 12-11 • Colt's 2 preferred 8% —. B Evans 12-18 12-31 12-17 12- 1- Class 11-20 2 1- $1.25 Chemical Co.— Year-end Ry.— com. 12-31 preferred (quar.) — — Empire District Electric Co., common (quar.) Empire State Insurance — — Emporium Capwell Co. (quar.l. Emsco Manufacturing Co. (quar.) (quar.) Almy & Increased , First Emerson Electric Mfg. Raynolds, -class A (quar.) & (quar.) 12-10 - Dewey Drug Co., class A (quar.) Emerson 12-10 — I. C. to 11-25 62 Vic 62Vic 25c 25c 50c 35c ... (quar.) 12-14 Iron Foundry Co Harvester (quar.) Class B , 4 12-31 31 Vic 5 1- se¬ Extra Devoe 12-22 1- 68:,4c 2nd preferred 12-31 Detroit Stamping ; 11-25 1- 5c 10c preferred (quar.).... 5% 4 12-31 Detroit Gray Denver Tramway 1- 5% 12- t75c Western— (subject 11-25 12-11 40c . 37 Vic — dividend (quar.) com. 11-30 v invest- net — Stock Co., Extra. 12-15 12- 1- Elliott • 1-15 50c realized 11-27 12-11 25c 15c 5% 40c Corp. dividend.; Stock 50% 12- (quar.) Elgin National Watch Co. (quar.) 50c Rio Grande Common 12-29 12-28 — (quar.) Co. A Electrolux 4 ... from 25c Hudson & Delaware 12- . common and Income ment . 12Vic $1.50 25c 25c 30c curity profits) (extra)—________ Power 12-15 50c & 12-11 (quar.) (quar.) Colorado Colorado preferred Company, common.—. Delaware Fund, Inc. (25c from > 12-10 57Vic (quar.)—— pfd. (quar.) series A Dayton Malleable Iron, 5% Deep Rock Oil Corp >• 12-10 - (quar.)__ Inc., common 93% c (L. & Davison 12-15 6834c 75c $1.50 preferred A (quar.)__— ________ preferred B (quar.)— ___ Interstate Gas Co. (quar.)— 5% David 11-30 ; — A.) Co Frere, Ltd., class A (quar.» Chemical Corp., common (quar.)— Darling 12-18 12-15 .12-24 75c (quar.) 12-31 87 Vic (reduced) Ice Co., common preferred (quar.) Colonial 5% preference A 33/i% 12-10 12-15 11-27 15c (quar.) 53'/ec (quar.)__ prefeired Colorado 11-25 12-18 11-27 20c common Corp., 12-11 Extra Colonial Dana 2 12-15 — 12-21 25c 50c Inc 12-15 (quar.)_^„_^— common Colgate-Palmolive-Peet Co.—1 $3.50 preferred (quar.) — Collins Radio Co., $2.75 preferred (quar.)— $6 12-16 $1 Co., 4(4% 2 2 12-24 3c Daitch Crystal Dairies, 4.60% 25c 50c Subject held. shares 100 i ^_ prior preferred (quar.) Refractories, common (quar.) Class 12- Corp. com- 12- 4 (quar.) (quar.) Electro 4 12-24 15c - 12-16 1- —___— ______ „__ 7 1- —-— (year-end) (quar.) Co. 1 12- 6% 12- 4 2 50c Abbey Co DWG Cigar Corp. 2 12-24 $1 $14.65 - 26c International Corp. Coca-Cola 12- 2 (quar.) Inc. Cutler-Hammer, 1 4 12- 1- 1- (stock .dividend) Co. approval Electric Ferries, 75c (quar.)___________________— 12-10 $1 | —. ——___— 12-21 SEC: to Share each for mon » 1 $1.75 - Cypress , 1- 75c (quar.) 12- 37 '/iC Stores, Inc. • (quar.) $7 pfd. (quar.) Co., 1- 30c 12-15 Extra 11-27 12-18 25c preferred A (quar.) — _ 4.80% preferred B (quar.)_—_—_—___ Coca-Cola Bottling (Los Angeles) is-a) Year-end' 11-27 Co.— 4% Coca-Cola 12-15 12- 12-10 $1 — A 12-10 $1.75 preferred Class 12-10 75c $1 quar.)_____ (increased 12- 12-31 12-15 $1.50 (quar.) Corp., common Curtlss-Wright 4 12- preferred $4 12-31 $1.12Va Mills Worsted Cleveland Curtis Publishing 1-2-54 16c $2 25c 15c 50c 10c Clevite Cunningham 3 1 12-15 $7.50 (accum.) ".v ' shate of United Gas 2 6/10ths . preferred Bond/& >Electric 12-15 12-29 „ 5c Drug 3 12- ■ $2/ (s-a) 12- , $1.12'/a preferred fquar.) Cleveland Trencher Co. (quar.) Corp. Culver Corp.— (accum.) Co., 5% Tobacco Cuban 12-15 Co. $4.50 preferred $6 ) Refining Oil Crystal •, . 12-31 $1.12Vi ' i&har*- Payable of i ->. 7,. :" Name of Company v*. Holder* When Per Payable of Rec* Share- preferred (quar.) 8% Crum & Foster. 12-15 30c 20c (quar.) Extra. $4.50 preferred (quar.) Cleveland Electric Illuminating V Name of Company •,>, j. H older» When Per : {,'/ t Monday, December 7, ... (2206) 14 (Continued on Page 48) 12-18 12- 4 11-20 12-16 1- 6 1- 6 12-16 12-19 12- 4 1-8-54 12-18 12-22 12- 4 12-22 12- 4 1- 2 12- 4 1- 2 12- 4 1- 2 12- 4 12-15 12- 5 2 12-: 5 12-15 11-30 12-15 11-30 1- Volume 178 Number 5279 ... The Commercial and Financial Chronicle (2207) JE Stock Record «» New York Stock Exchange DAILY RADGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES STOCKS Range for Previous 41% Oct 108 Oct Lowest Highest 64% Jan 6 125 2 Jan 10 39% Sep 22 99 Jun 8% May 2 30% Jan 24 6 24% Nov 26 30% Sep 33% Oct 56 64 Sep 24 9 32% Oct 19 22 Jan 24 May 106% May 9% Jan 51 18 7 May 21 1 29% Dec 22 2 115% Dec 26% Jan Acme Steel 35% Jan Adams 36% Feb Adams-Mlllis Jun 16 59% Jan 27 27 32% Jan 6 Admiral 14 10% Mar 6 49% Sep 3 52 Nov 8 29% Jan 8 101 Oct 150 Jun 3 2 11 1 17 Sep Sep Aug 10 3% Mar 18% Oct 29 23% July 155 15 Jan May 9 5% Dec 23 70 3 Sep 23 130 Sep Oct 9 46% Jan 5 25% Sep 20% Aug 15 76 24' 4.50% 74 Feb Jan 81 213/4 21% 21% 1,400 27% 27% 27% 27% 2,500 -No par 24% 25% 24% 24% 24% 24% 25 25% 24% 24% 1,000 10 51% 52% 51% 1 Gas 19% 20% 1 50 7% ♦50% common—No par 22% 22% 100 100 10 102% 102% *102 Vi 156 158 *155% 2% 2% 2% 2% 2% 2% 2% 2% 3 19% 19% *19% 19% *19% 19% 19% 19% Corp Equipment com w w Inc pfd 1951 series & Vicksburg Ry Gold Mining 5 Aldens Inc common preferred 100 Industries Chemical 76% Jan 2 Allied 21% Jan 17% Nov 23 22 Mar 25 Allied Kid Mar 27 24% Oct 28 33 Jan 8 Allied 15 35% Sep 21 40% Jan 8 Allied Stores 87 4 2 2 40 Sep 42% Apr 23 19 21 l7/a NOV 23 24 35 Jan 2 15% Sep 15 18% Jan 14 54% Jan i 20 11 16% Jun 29 ; 9 x235 Apr 9 148% Oct 14 189% Jan Dec 30 55% Nov 2 75% Jan 6 16% Jan 2 '15% Jan 2 84% Feb 5 20% Dec 31 19 Nov 25 61% Feb 10% Dec 18 Dec 19 15% Aug 53% Aug 36% Oct 30 Oct 17 55 43 102 7 7 41% Mar 13 107 Apr 11% Sep 71 14 22 Sep 18 15 U 93% Aug 20 14% Nov 5 50 Jun 12 Nov 34% Sep 59 / 17 Sep 2 i Jan 26 40% Jan . 27 t • 27% 37% 45% Nov 12 45% Nov 27 40% Apr 30% Sep 23 42"% Jun 14 72% Oct 28 Sugar Airlines ..No par Co Bosch Corp Amer „ 9 Interest of prefeirert In American Cable & American Can 7% * 23 Dec 6 55% Jan 3 22 117% Jun 22 28% Sep 15 39% Jan 5 Dec 31 6% Jun 30 8% Jan 7 Oct 14 31 % Jan 12% Nov 2 17% Feb 10 151 Jan 7 Feb 11 48 5% Jan lo 3 14 29 55 21 Jan 30% Sep 3 45 *35% Oct 8 39% July 23 Jan 27 Nov 30 36 % Jun 15 6% Jan 23 conv American Distilling & American Gas 3 American Hawaiian American Hide 8% Nov 9 12% 12 12 % 723/4 73 73 73 27% 27% 27% 27 Vb 98 *97% *97'A 98 *97% 15% 15% xl5% 153/8 56 55% 55% *54 % 553/4 9% 87/a 9% 9% 39% 39% 40% 37 36% 95% 95 American 4% 39'A 1., 44% 33% 76 31 49 . 21% 22 *91% 49% *132 31% .20 1 8 SS 8% 13% Apr 24 *22% May 16 97 Jan 3 13 Jan 2 14 100% Mar 17 18 24% Mar 16 Ainer 12 86 Feb 24 18% Dec 31 15% Sep 16 19% Feb 2 30% July 23 18% Jun 8 26% Feb 27 May 15 94% Jun 23 105% Feb 9 4%% 17% Dec 31 13% Sep 15 18% Feb 2 American 105 Sep 14 7% Jun 22 American 18 41% Dec 1 American Natural 21% Nov 6 37 Mar 27 American News 36% Jun 12 29 % Jan 5 39% Mar 24 American Optical 28 39% Sep 23 28% Sep 16 36% Jan 30 16 16% Apr 1 12% Sep 21 15% Feb 4 23 175% Aug 171% Feb 33% Oct 13% Oct Feb 7 7% Jan 8 17 Oct 29 24% Jun 12 42% Apr 24 49% Dec Aug 38% May 19 148 Feb 19 36% Dec 11 122% Oct 29 30 % Oct 34 Apr 50% Dec 16 9 18 53 Jan 165% Sep 39% Feb 131 Jun 36% Jan 8% Jun 23 American Safety 6 24% Nov 30 American 65% Jan 30 American 14 136 Jun 25 9 37 Jan 2 20 44 120 159% Jan 40 % 127 Apr 20 25% Sep 21 40% Aug 18 38 60% Mar Feb 36 16 11 161% Dec Mar 20 Feb 16% July 30 54% May 19 129% Jan 3 Dec 16 116% Jan 3 57 66% Dec 16 5 143 % Oct 5 119% Jan 24 111% Dec 4 7 81% Nov 18 95% Jan 22 64% Nov 19 82 Feb 7 16 26% Feb 13 Jan 30 55% Jan 24 109 48% Dec 31 119 Jan 12,900 800 4,600 29 29 *28% 31 *28% 46 47 46% 47 46% 8% 8% 24 May 12 21% Jan 5 97 Jan 6 45% Feb 26 57 Jan 30 $5 31 % Jan 2 25% Aug 27 Jun 25 15 15 53% Jan 10 32 38% May 1 11% Nov 21 50% Dec 19 40% Sep 8% Sep 4% May 48% Dec 1,06% May 21 24% Jan 24 6% Jan 3 5 10 60 ♦or footnotes * see July 7 page 26 106% Mar Nov 25 45 57% May 15 Sep 14 5 „ 52 Jan Jan $4 89% 23 23% 5,600 23 22% 23 *84 86 86 *84% 86 84 % 84% 200 *18% 19 18% 19 18% 18% 18% 18% 2,100 20 20% 20% 20% 20 V2 20% 20% 20% 6,800 23 *84 23 Vb 23 99 *98% 100 *98% 100 ♦98% 15% 15% 15% 16 15% 16 1534 15% 2,400 7'% 7% 7% 7% 7% 7% 1,000 7% 7% 7% 100 40 Vb 5,400 22% 3,400 32 cl B—No par 34% 35% 34% 35 35 35 34% 34% 34% 35 common-_5 —100 13% *168 6% 24 42% 28 143% 13% 169% 6% 24% 43% 28% 144% 13% 13% 13% 13% 13 % 1334 13% 13% 5 10 14 .25 common 100 25 100 com Inc 5 No par Smelt par 50% 122 14% 157% 3 100 Co 46 157% 2 45 2 55 65% 66% 137% 139 36% 36 % 113% 113% 9% 15% 65'A 70% 9% .15% 67% 73 J 13% 13% 25 com 75% 32% x47% 76 33 47% 50 Cable No par 6.23 Anderson-Prichard 20 99 15% 100 *168 6% 24 43 169% *168 6% 6% 24'A 23% 43 43 169% 7 23% 43% 168 168 6% 23 7 a 43 *166% 6% 7% 10,000 23% 23% 6,200 43 43 28% 28% 28 7 a 30% 30'A 30% 29% 144% 143% 144'A 143% 14334 143% 37% 38 *120% 38 *37% 122 *120% 30% 30% No par —21.80 & Co 14 *98 32% 43% 9 101 32% 43% 9 Oil 8 *3% 3% No par 33% Corp Mining Co Inc 7 A 9 Archer-Daniels-Midland 10 34 90 168 7% X144 % 123 900 4,000 21,200 23% 38% 122 37% *120% 250 43 32,700 30% 410 144 600 37% 122 28 Va 28 3/8 28% 29% 28% 47% 46% 47% 47% 47% 47% 47'A 50'A 50% *50% 50% 50 Va 51 50% 121% 122% 122 % 124 14 % 14'A 14% 14% 143/a 14% 157 % 157% 157 % 157'A 157'A 157% 7,200 29% 46'A 28'A 2% 65 137% 36 *113 "A 9% 28% 212 65% 122 2% 65 123 14% 14% 3,000 157% 157% 53,200 211 2% 2 ji 2 Va 2JI 155,500 65% 65% 67% 65% 66 Va 138% 140% 139 138% 139% 138 % 36% 37 % 37% 35% 37% 36% 113% 112% 112% 111% 9% 113 9% 1,300 1,350 139% 114 1,800 52 124% 124 9% 9% 10 9% 43,900 680 33,200 37 580 112% 11,000 9% 28,800 15 15% 15 15% 15% 16% 15% 16% 66 % 68 67 68% 68 68'A 67% 68% 68 70% 70 70% 69% 70% 69% 70 1,680 13% 13% 13% 13% 13% 14% 14 14% 7,500 76 75% 75% 76 76 31% 31% 31% 31 Vb 32% 48% 48% 610 30% 30% 2,600 *75 76 x31% 31% 46% 48 *75 31% 47% 48% 48% 48% 30% 30% 30 30% Glass Corp— 6 Copper 400 32 100 W Products 89 22 preferred Andes 89 40% preference—No Anderson Clayton 130 13% 41 common & *39 13 Va 22% conv Wire 800 11,700 13% 90 13% 32 Corp 5 P x89% 500 23% 104 Va 32 Common 5 15% Feb 26 15 2% Nov 24 80 Jan 90 104 22% preferred Anaconda Copper Mining 30% Nov 25 94 89 90 *22% 1,600 17% 40 Va preferred Hocking 23 105 8% 92% 32% preferred Anaconda *22% *103% 17 3 4 4,100 22 % Tobacco & 23 8% *90 100 46 Va 41 , . Lead 17% 105 14 Va 19% 20% 8% 92% 17% 22% xl3% 23% 85% *8% *90 *103'A 15 % 50% 121% Zinc 22% 105 14% 45"A prior 18 15% 1 $4 conv prior 93 *17% 46 Vb 32 32 American Water Works Co 7% *90 46% *2834 21% American Amer 8% 93 17% 46'% 32 40% 2 88 % Mar 17 8% 47 Vb *28% 3% 32 2 Jan 89 23 85% 105 *22% *103% 8% 32 3% 9 22% 10% Feb 40% Oct 15 17% No par Anchor 102 *103'A 8% *90 . 41% 27% Jan 77% Mar 17 4,900 22% 9 Sep 11 Sep 11 11% Sep 14 68 Sep 21 29% Sep 14 43% Sep 15 13% 40% 10 59 13% 32 Jun 57 13% 32% Co Woolen 13% 32 13% Sep 9 13% 3Vb No par preferred 5% 7 1,700 13% 13% 40% Foundries Viscose 29 3% Rights 6% 29 3 Vb 137% American 29 59% *119% Tobacco 1,900 29 3% 38% American 8 Vb 28% 1 22% common Tel 5.166 32% 28% 29 3% 123 28% & 143 59% 38% Tel 8 22% Co.' Sumatra 32% 3% *119% 27% American *133 59% 100 American 27 60% Jan 15 2 3 22 9% Dec 40% May 77% Aug 35% Oct 37% Jan 15 8 5 2.VNov 24 130% Jun 13 Oct Jan 65 161% Ja» 21 22 38 4 69% Jan 7% Jun 23 14 10 139% Nov 21 22% Oct 16% Oct 89% Oct Apr 152% Jun 2 3S2 NOV 1 8% 3% Refining com—100 preferred 100 7% 19 33% 8% 59'A American Sugar 134 32% 8Vb 40 Razor Stores 145 *135 32% 3 25 American Steel 145 1,200 20,000 1 7'A Co Snuff American May 12 28 %s noncumulatlve preferred__100 6% 8 22% 93 49% 29,600 Ship Building Co__No par No par American 2 j 31% 8 % 48% 9 Vb 1 preferred 7% 5 Aug 10 Feb *135 31% 8 223a *91 % 59 V* Amer Smelt & Refg com. 47% Nov 24 2 Sep 15 120% Sep 24 12 6 58 49 10% Oct Jan 6 145 31% 49% 32% No par Seating 25 150 % Jun Mar 14 2 *135 22% 93 59 % Co—No par preferred 11 483A 32% Co Sany Jan 25% Sep 6 Sid Jun 42 % Nov 29 7% & *91% 50 22 9% 15'A Co 6 16% July 3 2 Rad 22% 93 49% 59 *99% Amer Potush <fc Cliem Amer 22 *91% 50 3234 2 Co 148 29 135% July 1 16% Jan 11 127 7 22% 93 49% 9% 19% Molasses 31 % Jun *21% *91% 32% Gas 4 17 4,500 59 100 11 5,800 22% 22% 9% No par com Products Co Jan 49% 223/4 22% 22% - 32% 19 preferred Mclul 49% 22% 29% 9% No par Ltd Jan 8 19 31 6 & Metals Co 49% 23 59'A 100 36 Dec Oct 31% July 30 28% Dec 19 19 Metal Amer 49% 32% 100 7 preferred Amer Machine 29% 49 9% 100 Macli & 3.90% 29% 49 32% common..—1 preferred Fdry common Sep 19% Sep 79 % Jan 35% Dec 7 29 165 prior preferred 2 5,000 29% 49% 49 22 8% 22% 9 29 Va 1;400 32% 111——1 24 ! 29% X29% xl3% 29 Vb 13,500, 32% 32% Investment Co of Apr 1,700 ,77% American 7% 7,000 79% 79 *.-f 59 5, preferred__100 Locomotive 35 Vb 79% 35% 78% 25% Mar 18 5%% 44 Vb 35 44% 78 16 American 44% 44 35 Vb 77% 31% 16,100 ' 443/8 44% 34% 93 . 35% 44% 34% 49% 138 5 39% 77 Vb 1,300 16% .38% 39%.« 33% * 1 Products noiiciiniulutive 38% 44% *28% 28% 13% <14% 8% 8% American Ice Co common——No par 6% 5% 39% 15% v 50 com preferred Home 39 ,39% 5 76% 31 %' 49% 22 22% 4 Sep 21,000 33% 19% Jan 84 700 15% 39 18 22% 24% Dec 4,200 96% 10 Co Co Leather & 4%, 93 102 38 Va 96% 39% 443/8 *17% 11 37% 96% 37% 95% 4% *90 24 37% 37 % 95% 16 y8 International Corp.No par 24 600 *15% American Jun 28,900 5 Vb 6 96 70 9% 42% 16 Va 15 16% Apr 78% Feb 55 Vb 15% *95 3,000 9% 16% Nov 88 55 Vb 41 *15% 22% Jan 4 900 - *39% 9% 41 16 Va 9 18% Mar 26 1,900 - 15% 15% 15 104% Dec 9% 98 15% 15% 4% Jan 14 *97% 16 % 16% Sep 21% Sep 25 * ' *15% 95 86 Jun 98 553a *55 40% 36% 15% 9% 38 % 19 12% Sep 98 15% 30 99 12% - Aug July"31 37,400 12% 73% Dec 21% 800 12 3 8 8 19 4,800 59% 27 23 % Jun 17% Feb 170% 59% 60 73 96 3 100 169% 170 3 4 26% 9 Dec *58 Va 12% 14 25 169% 60% 4% 100 Electric & convertible 6% , 169% 16% Lines Inc 40c Foreign Power__No par American 94 *59 27% 26 8 169% 72% Feb 5% Apr 60% 12 20 % Feb 73 170'A 15% May 25 39% May 27 47% Dec 2 168 7/8 *60% 4% Export Aug 20 16% com—.10 preferred series B.100 4 67 *19 *15% —10 com—10 preferred Cyanamid Co 5% Mar 25 9 Nov ' 19%' 16% American 33% Feb *19 15% 4 11 19 3/4 16% Secur—No par 19 35% *19 *15% European 18 *32 19% 15% American ; 35% 19% 15% 20 Feb 8 900 2 2 *32 15% Co Tiling , 2 2 1% 35% 1% 15% No par prior 3%% 6 49% 49% *32 1% 15% American Encaustic 27% Jun 12% Mar 4%% American 6 . 35% 17/b *32 15% .No par Colortype Co American Crystal Sugar 25% May 27 96% Mar 4 9 Cable American 3 54% Jan 26 14,900 1,000 15% 100 Co 33% Aug 11 18% Aug 14 9,200 493A 15"% 25 preferred & 8 42% 56% 49% 15% P 12.50 preferred 7% Chicle 170% Jan 200 42% 50 vb 37 American Car & Fdry common_i_25 Chain 9 ' 56% 42% 1 common common American 2 49 36% 95 1 Radio Corp., Co American Sep 20,600 27% »38% . .100 «s 16 May 100 I 92% *91 92% *91 92 *91 11,400 45 44% 45'a 72% *55 v 9% No par common. 26 21 91 20 Inc 50% Feb 90 44% Broadcasting-Paramount 34% Jan 41% Jun 90% 39% *89% 44% 74 - 5%%—50 convertible- preferred 4% 14 6 39% 38 % 91% 44% 12% 15% 50 2 common preferred. 1952 ser Amer Brake Shoe Co com 24 9 38% *89% 33% 37% *90 27 11% 1 100 preferred Sep 15 91% 1,800 27 *97'A 100 com._Nopar pld conv 26 Mar 91% 27% 27% 27% 72'/a 1 common preferred—- Theatres j 1 Chemical—Nopar Bakeries cum 1 50 (The) Co Petroleum : Corp conv 4%% com— preferred 44% Apr 16% Jan 26 44% 200 27% 27 Vb 27 49% Leather Co convertible 6 96% Jan 91 % 44% 48% 49% 1% 2 *32 35% *18% 19% 169% 170% 59% 61 _No par 8 59% Jun 37% *89% 8,100 18% 56% -57%-- America 32% Feb 15 37% 91 44% 92 % 74% *17% 42% of 50% Jun 13 37% *17% 27 400 73% 18 55% 100 2nd 85 % Mar 18 50% Aug 25 27 18 500 75 74% *17% 74% 42% 6% 49% May 25 83% Jun 26 89~ 18 12,200 98 8% 9 54% 5% 20% Feb 74 74% *17% 31% 93% 8% *8% 9 49 V8 Ctfs 5 19% Feb 25 74 9 42% American 12 23 10 27 9 55% 6% May 1 40 Nov 27 3% 22 3% Oct 17% 9 42% 15% Mar 19 Oct 45% Jan 75% 17% 9 42% 15% Mar 20 43% Aug 13 74% American Bank Note common—.10 6 29 • 73% Apr 7% Nov No par Dye AmerAgricultural ' Feb 47 9 7 *8% *92 93% 54% 16% Jun Sep 16% Mar 1 *92 55% 11 31% Feb 3 93% 42% 11 7 29% Jan *92 53% Feb 12 Jan 93% 42% 15 36% Dec 6 *92 1 3%% 103% Feb 20 21 91 28% May 16 May 9 33% Oct 30 93% Corp common—No par Co American 12% Jan 2 15 143 ♦92 81 *80 81 No par 15 Apr 100 Alpha Portland Cement 13% Sep 14% May 21 98 *80 100 ^American 29% July 8 97% Jun 16 20% Feb 6% Aug 31 35 Jan 6 29 27% Oct 24 42% Jan 2 96 80% 31 % prelerred 12% Sep 31 31% 96 *80 91 44% *91% Amerada .t' ; 4% Dec 31% 96 gtd Aluminium Limited 4 90 26 % Sep 16% May 31% *94% No par i Amalgamated 8 Jan 2 31% 94% 20 6% 5 74 29 32 x94 5 Amalgamated 19% Mar 18 20 Apr 80% x31% 95 common. Aluminum . 36% Mar 24 60% Feb 12% May *79% 33% 3convertible 3% Mar 24 10 141% Jan 73 *72 723/4 80% Co Allis-Chalmers 52% May 25 57% Dec 3 27 32 *72 ' Nov 3 723/4 prelerred Mfg • Nov 2% Oct 33 1 4% *72 95 Inc & 72 32% Mills 41% Apr 2,600 ' No par Allen 15 30 90 6,100 20 19% ♦79% Sep 54% Sep 3% Jan 2,700 2Vb 30 62 49% Dec 158 100 3 Oct'16 103 2 Vb 10,200 10% Mar 47% 102% *155% ' 3% 23 118% Jan 157 72% Dec 8 103 11,500 143% 78% Aug 11 Oct 102% *155% 158 9,400 23% 3% 10 86 172 51 23% 143% 30 23 102% *50% 3% Apr Dec 102% *155% 51 23% 143% 8 123 72 103 158 23% 3% Allegheny & West Ry 6% NOV *50% 23% *141% 8 59% Jan 51 22% 3% May 94 *50% 22% 143% 98 14 51 22% 3% 18 22 *50% *141% 87% Sep Sep 51 3% 25 41 % Oct 11,900 8 143'A Nov 1 3,800 21% 7% 3% 98 23 52% 21 Va 8 *141% 2 Oct 51% 22% 7% 3% Jan 95 523/4 21% 8 $4 prior preferred conv No par Alleghany Ltidlum Steel Corp 1 Aug 24 61% Dec 52 22 7% 143% B5 40% Dec 52 21 8 3% 14.375 cum preferred 17 52 21 7% ♦141% 6 Apr 51% 20% 8 1 4 July 17 46% Apr 17 95% May 1 36% Feb 21 72 . 100 Alleghany Corp common 5%% preferred A 5 Jan 90 11,700 21% 27% Feb 36 5% 22 39 36 5% 27% 104 21 100 6,900 22 1 32% Feb 5% 934 22 % 15 8 5Va 9,300 108 27% Sep 7 5% 9% 22% 91 Aug 28 5% *106% 9% 27% 21 17 18 5% 108% 9% 27% Jan 67% May % 107 % Shares 44% 22% 110 6 5 44% 21% 10 8% Oct 5% 5% 453/a 45 . * the Week Friday Dec. 4 27 Nov 16 9% 45% 9% 10 98 31% Oct 108% 9% Juneau 4%% 45% *107'A Corp Alaska 27 45% 108% 1 14 5% Mar 25 152 44% 108% 9% Corp Alabama 45% 108% Co $3 preferred 5 45 9% Sales for Thursday - Dec. 3 ♦108 2.50 Co— PRICES Dec. 2 9% Co Air Reduction Mar 11 3% Apr 14 158% Dec 4 2% Apr 160 15 78 70 79% May 114% Jan - SALE Wednesday 1 Addressograph-Mul tlgraph 10 22% Oct HIGH Dec. 1 8 Corp Motors Affiliated 6 2 25 AND Tuesday Nov. 30 100 Express 7% Sep 48 11 17 ACF-Brlll 19% Nov Aug 28 Jan 2% Jan 139 15 24% Nov 24 Dec Vending 14 25% Sep 42% J an 7% July 17 ABC 15 35% Jan 30 Monday Par preferred 3% Sep 20% Sep 16 5 4% Jan 10% July 6% Jan 1 20 24% Jan 48 112 LOW STOCK Abbott Laboratories 47% Jan 25 YORK EXCHANGE Highest 24 9% July 5% Nov NEW Range Since Jan. 1 Year 1952 Lowest FOR EVERY LISTED ISSUE 30'A 30% *98 101 32% 32% 43 'A 43% *9 9'A 3 3% 33% 34 *98 101 *98 100 ♦98 f , 1,180 250 38,100 100 32 Vb 32% 32 % 32% 32% 33% 5,400 44 45% 45% 46 % 45 % 45% 7,800 ♦9 9% 9 9 *8% 9% 3% 3% 3% 3% 4 34% 34% 34% 34% 34 4 34% 300 1,900 2,800 \5 Financial Chronicle The Commercial and 16 Monday, December 7, 1953 ... (2208) continUe<i_page 2 NEW YORK STOCK RECORD LOW STOCKS Range for Previous Year 1952 15% Oct 7 1 42% Dec 8% Oct 22 77% Oct 22 96 8 % Sep 10 57 Jan 92% Jan 3 107% Nov 3 Sep 15 48% Feb Mar 13 46% Nov 43% Jan 14 15 9 30% Sep 31 12% Mar 5 77 Co & Armour 12% Mar 26 16% Jan 22 7% Oct 24 1 116% Jan 22 19 Dec 31 9% Dec 19 5% Nov 17 10% Mar 26 25% Sep Arvln 22 23% Mar 25 11% Sep 14 15 32% Jan 6 32% Dec 31 27% Dec 29 31 22% Nov 27 29 18j/4 Feb 20 18 Ve Sep 15 91 Feb 23 89% Sep 3 91 Jan 2 73% Feb 27 104% Dec 15 51% Jan 4 58 Jun 13 21% Jan 7 27 Dec 1 25% Feb 97% Nov 6 88% July 25% May 16% Oct 89% Sep 97 Jan 7 21 114 Dec 4 2 19% Jan 16% May 28 18 Aug 24 6 Industries Oil Ashland 18% Mar 25 Associated 22% July 25 101 Dec 16 98 Jan 23 92% July 22 99% Apr 2 22 6% 25 Sep 14 103 Atchison Aug 26 94 9 96% Feb 28 Sep 15 x93% Jan 2 l 26% May 30 31% Apr 24% Feb 4 5% Oct 16 Atlantic 3 26 21 Atlas Austin 85 85% 85% 86 86% 86% 2,600 56 56 56% 56% 56% 56% 57% 6,300 92% 92% 92 % *91% 92% *91% 92% 111% *111% 112% 112% 112% 113% *16% 17% *16% 17% *16% 13 5% 16% Mar 13 9 17% Mar 4% Dec 3 8% Feb 26 14 36% Sep 22 52 % Feb 26 Jan 16 45% Dec 1 prior Avco 5% 1.900 5% 5% *5% 26% 26% 26% 26% 27 27 11% 11 % 11% 11% 11% 11% 11% 11% 11% 23 22% 23 23 23% 23 23% 23 23 4,800 19% 4,100 5% 6 •/., 19 % 19 27 *26% 19 •800 20,000 19 18% 19 19 19 94% 94% OS 05 u, 004 95 94 Va 94 Va *95% 96% *95% 96% 95% 95% *95% 96% 95 % 95% 20 31 31% 30% 31 % 30% 31% *31 31% 31 31 Vs 2,300 96% 98% 98 98% 53 130 97% 98 98 98% 97% 98% 9,400 53 53% 52% 53% 53% 53% 53 % 53% 53 Va 2,600 30% 30 30% *29% 30% 30% 301% *29% 31 92% 92% *92% 94 *92% 94 *92% 94 *92% 94 88% 89% 89% 55 55 ,50 J Lilies 92 % 92% 91% 92 57% *55 92% 57 Va 57% 57 Va 58% 28% 91 40 >: 60 *56% 29 500 91 3,000 1,100 27% 27% 27% 27% 28% 29 28% 28% 94 94% 94% 94% 94% 94% 94% 94% 94% 95 28% 29 29 29 % 29 29 29% 29 % 29 29'% 3,600 *33% 34% 1,400 102% 102 Va 290 17% 300 5% 700 101 17% 34% ' 17 •'% *101 17 *17 102% 17 *17 5% 5% 5% 410 5% 5% *5% 5% *15% 15% 15% 15 % 15% 15% 15% 15% 5 38% 5 % 38% 38% 4% 44% 8% 21 % 42 4% 45% 8% 21% 42% *4% 4% 4% 4% 4% 4% 4% 45 % 45% 45% 45 Va 44% X41% 42% 5,700 8% 8% 8% 8% 8% 8% 8% 8% 27,200 21% 21% 21% 21% 21% 22 Vs 21% 21% 25,300 42% 42% 42% 42 Va 42 Vs 42% 42% 42% 3,300 17 17% 17% 17% 17% 17% 69% 70 *67% 44 44 43% 45% 45% 45% 45 45% 2,400 12 Vt 12% 12 Vs 12% 12 Vs 12% 12% 12% 1,900 *5% ($1.20)—No par Co ol Atner—5 (The) common——3 preferred— —No par 5% 19,600 • 34 34 101% 17% 101% 101 17 1C1 34 33% 33% 33% 33% 101 *17 No par —No par — common pref conv 5% 6 27 11% Mlg Corp $2.25 17% 23 ———20 Canteen Automatic 6 70 340 114 30% Corp Nichols Conv 5 13% Jan 50 % Nov 84 55% *92 % 5% 10 (voting) Tack 7 7% Mar 15 % May 15% Jan 17 84 92 % 26% convertible pfd series A —100 9 Jan 27 29 \ 21,700 55 % 84 Powder— 4% 3 8% Nov 21 5 \ 26,900 *16% series B——100 $3.75 Common 36 % Mar 27 Jun 9 % • 108% Mar 18 5% Sep 9% 13' ———5 Atlas Corp 24 17 9% *17 Refining common.-—10 Preferred 94 % July 16 30 31 Mar 3 7% Dec 23 17 Nov 3 9% 10 —100 W I SS Atlantic G & 2 2 9% 9 % RR_—No pat- Line Coast 3 30% Feb 16 9% 110% 50 22 Mar 9% 94% Electric Co Jan 99 1 9% , 18% preferred 4% 18% 34 Vs 93% . — City Atlantic Atlas 117% Jan 42% Jun 14 26 Atlantic 2 18% 33% Topeka Sc Santa Fe— 33% Jan 114 lv» Jan 44% Jan 119% Jan 18% 34% .1 Preferred ,97% Mar 25 8 28% Jun 2 6% Jun 30 89% July 30 12% Apr 18 30% Nov Nov 24 Jun 31% Sep 102% Oct 14% May 13 . 18% 34 Vs ——100 100 Investment Co Common 5 57% Jan 25% Sep 8 36% May 100% 30% 49 22 Dec 110 Jan 23 83% Sep 14 123% Dec 23 75% Jan 31 86 50% Jun Corp— . Associates Mar 25 32 25% Sep Goods Dry 1st 5.25% 18% 34% 110 1 series—No par preferred 2nd preferred Jan 3.100 18% 34 110 Refining Co Common 22% Mar 11 100 & 2nd preferred $1.50 Mar 27 Shares Dec. 4 Dec. 3 18% 92% —2.50 Inc.- the Week Friday Thursday 34% x55 Armstrong Cork Co com 4 102% Sep Apr 99 57% Dec Sales for PRICES 18% 83 % No par No par $3.75 preferred No par $4 convertible preferred—No par Arnold Constable Corp ——5 Artloom Carpet Co Inc — No par 28 SALE Dec. 2 33% 9% 5 com HIGH Wednesday 34% 34 10 Illinois ol $6 conv prior preferred Mar 25 93 Steel Corp Armco 5 AND I Dec. 18% 18% 5 Oil Corp Argo 23% Mar 27 14 Sep 16 22 27% Jan 35% May Highest Lowest Highest Lowest Par EXCHANGE Tuesday Monday Nov. 30 STOCK YORK NEW Range Since Jan. 1 15% *15 15 % 15% 15% 15% *15% 15% *15 15% *15 15% 200 400 5% 5 5% 4% 5% 4% 5 52,600 38% 38 38% *37% 38% 37% 38 1,600 5 B 5% Dec 22 30 31% Oct 16 9% Jan 39% Dec 4% Nov 10 35% Jan 8% Oct 6 11% Jan 22 17% Feb 20 20 29% Dec 23 36 Vs Feb Apr 23 23 % Jun 65% Jan 11 73 18 15% Dec 22 30% Mar 19 Oct 6 41% Nov 24 48% Mar 25 16% Sep 15 22% Mar 17 Jun 9 Nov 24 67 10 38 Sep 76 % Mar 17 59% Apr 14 Barber Oil Corp 7 preferred ———-—50 Works Corp—— 10 3 2 Nov 19 17% Mar 12 23 37% Sep 15 39% Feb 22 18% Sep 18 25% Mar 19 Bath 11% Feb 9% Feb 21 33% Apr 16 40 Dec 16 107 Dec 20 Vs Cigars Inc No par 9% conimon—12.50 40% 4%% 18 27 *69 44 12% 10 — — Brothers Bayuk 5 *37% 70 45 12% 38 20 % Barker 10 Jan 11% Dec preferred—100 noncuniulafive 4% 19% Jan 20% May 23 Co Wilcox Si Bangor As Aroostook common-—50 Convertible r»% preferred 100 24% Dec 41 7 May 20 (The)-No par Baldwin-Lima-Hamillon Corp 13 Baltimore & Ol)in common 100 11% Mar 26 14 1 Inc (T) Babbitt BaDcock 26 54% Dec 16 36 Sep 14 49% Nov 13 Oct 42 8 7 5 10 common Iron 22 9'/s Sep 14 34% May 20 42% Dec 4 Beatrice Foods Co 31 93 5 111% Dec 4 90% July 28 99% Dec 4 16% Oct 22 22% Jan 4 14% Nov 18 22% Mar 9 78% Feb 14 87 Sep 30 79% Jan 22 86% May 8 17 16 Oct 7 9 14 16% Mar 20 preferred—100 4 Va % preferred 100 Beaunit Mills Inc 2.50 Beck Shoe (A S) 4%% pfd 100 Beecli Aircraft Corp 1 31 May 19 33 % Jan Beech 27 30% May 26 94 % Apr 12 Apr Jun Sep Jan 12 33% Jun 25% Oct 20 31% Jan 17 14 Feb 5 10% May 16 15% Jan 19 10 % Nov 13 14 Dec 9 17% Sep 15 28 16 Oct 1 May 22 90 May 21 22 50 Sep 29 26% Feb Feb 30 14% Apr 28 23 28 18 % Oct 27 *91% Feb 13 ^94 45 Vs Apr 24 64 19 Oct 25 36% Dec 1 16 18% Jan 14 3 7 27% Jan. 23 8 76% Sep 2 Nov 3 63 39"% Mar 12 18% Nov 28 & Foods 6 Bethlehem Steel 6 100 Blgelow-Sanford Carpel. (Del) com.5 4%% pfd series of 1951 100 Jan 15 82 % Jan 13 16 Blaw-Knox 22% Mar 17 15% Sep 14 22% Dec 18 12'A Sep 15 21% Jan 5 Bliss (E 23 Dec 11 19V8 Sep 15 24% Nov 27 Bliss & 15 28% Dec 2 22% Oct 27 31% May 16 17 Oct 29 25 21% Dec 29 6% Oct 15 12% Nov 6 22% Sep 25% Nov 18 Oct 49 36% July 13 30 116 '/b Sep 15 2 21% Jan 2 29% Mar 18 11% Jan 25 6% Sep 18 15 12% Mar 12 12% Sep 16 Vs July 1 11% Mar 6 23 Vb Mar Bolm 3 Bon 12 60Va Oct 9 8 95% Apr 23 86% Jun 15 94 % Jan 12 Va Nov 18 49% Nov 4 61% Jan 89 % Jan 10% Nov 13 14% Feb Sep 11 15 46% Mar 7 21 25% Jan Dec 25 25 11 Va Jan 15% Apr 7 22% Dec 2 Jan 18 38% Dec 12 15 30% Apr 24 37 Nov 42% Feb 2 Nov 21 33 % Sep 21 39% Aug 4 17% Sep 21 26% Jan 20 91 Jan 9 103% Jun 21 27 Vz Jun 3 54% May 29 99% Feb Jan 80% 80 % 79% 79% 29 81 *79 Va 320 10% 10% 10% 10% 10% 10% 10% 33% *32% 32% *32% 33% *32% 33% 29 % 29% 29% 5,000 29% 29 29% 10% 10% 10% 10% 10% 10% 800 23% 23% 23% 23% 23% 23% 3.000 21 20 Va 21 2074 2i-s. 21 21% 5,500 *92 % 94 29% 10% 23% 20 Va 20% 29 Vs 10% 23% 10% 23% 94 *92 % 94 *92 % 94 - *92 % . 60% 61% 61% 62% 62 62% 61% 37% 38% 38 Vs 38% 38% 38% 38% 108% 108% 1 Vs I 115 1 111 111 1 Vs *112 1 30% 30% 30% 50% 51% 51 % 30% 30% 50% 51 143% 143% 1 24%, 24% 24 1,800 94 61% 9,100 38% 4,300 114 *110 lVs 24% 24 23 % . 24% 150 1 21,000 24% 2,600 ' 143% 143% 30% 30% 31 4,400 52 51% 51% 144 144 144% 144% 700 5,600 37,000 11 10% 11 Vs 11 11 Vs 69 Va 68 68 *68 69% 36% 37 37 37 37 1,500 17 Va 17 17% 16% 16% 4,800 36 % 37 14 Vis 14% 14% 14% 14% 14% 14% 14% 24% 24% 24% *24% 24% 24% 24% *23% 24 Va 700 27% 28 % 28% 28% 28 V) 28% 273/4 28% 5,600 46% 46 46% 46 Vs 46%' 45%: 46% 13,000 21% 22 23 23 28 16 Va • 10% *68 36 % 17% 17% 46% 46% 21% 22Vs 23 22% 22% 22% 22 Va 21% 22 Vs 22% 22% 23% 23% 23 23 6% 6% Xl3 Va 13% 23 7 '' 7 7 13% 7 6% 7 *6% 13% 13% 13% 13% 11 % 40 4,000 2,800 7% 14 - 130 360 9,900 13Va 11% 13% 11% 11% 12 11 % 12 12 12 58 58 57 Va 58 % 58% 58% 58% 59% 59% 59% 6,500 73% 73% 73 73% 73% 73 Va 72% 73 72 % 73 3,700 *92% 48% 93% *92% 93% 92% 92% *92% 93% 92 Va 93% 280 48% 48% 48 Vs 48% 48% 48% 48% 48% 49 % 4,300 7% 7% 7,900 15 * 7% 7% *41% 42 26% *26% 27% 7% 7% 7% 23% 23% 23% —No par 23% % 39 36% 23% 21 % 93% 26% *51 % 12 Vs 21% 93% 26% *93% 53 *52% 12 Vs *12 Inc Airways —,—100 —-100 Co.' 5 2.50 5 Co Brass Stratton. & 81 *79% 10% *32% 11 Bristol-Myers Co common 29 54 9 3,000 42 % Briggs 9 27% Jan 45%Jun 5 Jan 170 15% 68 Rights Briggs Manufacturing Corp—No par 17 May 28 22% Jun 15 4 24% Oct 95 x50 is 99% 15 Vs 26% Bridgeport 19 22 35% Feb x23 % Nov 10 20 Sep 28 98 Vs 15% 2.50 3%% preferred 100 Brooklyn Union Gas com— No par 5% cum conv preferred 40 Brown & Bigelow-———— 1 25% Mar 10 % Nov 33 99% 15 42 Braniff 33 15 99% 15% 42 %- 42 %' 26% 27% 6% 7% 2 21 99 15 10% No |mr — 7 Mar Sep 6 99 15% 800 12 RR— Mame preferred — Bower Roller Bearing Va Sep 19% Sep 1 14% Jan 35 2 9% Nov 17 99 15% 68 1 5% 9 90 99 5 * Common 13% Mar 19 33% Sep 21 47 % Feb 111% 46 Borg-Warner Corp common5 3 Va % preferred 100 Boston Edison Co ——25 <st 111 110 HV4 Inc—1.25 Club 2,700 2,400 114 *112 42% 69 35% 16% 14% No par Inc 1,100 9% 42 5 1 (The) Co Boston 39 % Nov 13 Co Si Brass Corp - Stores Borden 26 Mar 25 86 64% Sep 15 48 Mar Alu'miuin 7.50 Co Book-of-the-Mojilh 3 13 14 11 Chemical Ami Co class A Bond 14% Aug 13 Jan 52% Jan 3 1 20% 42 10% 10 1 2.50 (Delaware)- Class B 54% Aug 28 82 Dec 15 9% May 17 49% Jan Co Airplane Boeing 26 23 Jun 29% Jan 110 Va 9% *68 35% 16% 14Vs 24% 27% Mfg Co.——No par W) Co Laughliu Inc Blockson 41 % Dec —- com—No par (Del) Decker & Black 38 % Aug 26 31% Apr 30 —— preferred 7% 15% Mar 15 14 .———I 20 57% Jan 18 % Apr 15% Oct 20 1 Co Best Best 5 *109% 38 20% *108 x60% 61 37% 37% *108 108% 1 1% 23% 24 30% 30% 50% 51 Vs *142% 145 Corp 144% Feb 19 I 41% *92% -5 :— — Loan 37% Jan 5 15 Oct Dec 41% 23Va 20V4 common—10 Cum pfd $3.25 ser of 1946_Nopar Benguet Consol Mining Co—1 peso ' 84 32 Oct 10% Nov 7 Jan 22 Sep 44% Sep 135 V* Jun 146% Aug 26 29 12% Oct 17 30 55"% Dec 31 139% Apr 17 22% Nov 25 15 3 Aviation Beneficial 1% Jan 41% 20 15% 80% 10% 33% 29% -100 preferred Vi% Bendix I 29% Jan 22 16 29% Mar 46% May 4 68 % Mar 20 *37% 900 98% 10 Corp Iloweli Co common & 38% Dec 1 1% Mar 1% Nov 14 Aircraft Bell 111 41V* 29% 14 Jun 41% *10% 93 11 . _ 40% 20 % 70 9% 9% 10% *32% 1 -1 Bell 3 9% 15% 10 2 12 9% 80% Belding-Hcminway 22% Mar 13 Jan 9% 98% 50 ItR 9% 108 Beech-Nut Packing Co Mar 16 93 Creek 20 Vs 2,000 17 % *67Vs 20% 20 20% 20 *17 38 *37% 38 *37% 17% 70 16% *67% 70 9% 108 prior conv 33 % Jun 1 38 14 Jan Dec 106% Dec 29% Jan 87 Dec 3%% 38 *37% * 4% 45 7% 7 23% -iV 39% 37 7% 42 %: - 7% *41% 42% 27 27 x26% . 7% 42 % 7% 7% 4V 23% 23% % is 39 37 37 Vs 21% 21% 39%: 38% 39%' 37 Vs 37% 37% 21% 21% 21% 39 *37 21Vs 95 95 *93% 10,900 23 % 23% 9,000 r >- 33% 48,300 *36% 21 Vb 1,200 20% 21% 11,100 *93 Va 95 *93% 72,400 >•£1 36% 95 26% 26% 26% 26% 26% 26% 26% 53 26 % 800 7 Va •ihlf. ' Va38 Va 2,600 6% 7 Vs 7 27 53 53 53% 53% 52 % 53 10 4,300 700 1,300 11% Sep 25 59% July 14 12% 12 Vs 12 12 % 12% 12% 66% Jan —15 *61% 62 62 62 62% 62 Va *62 64 63% 64 Oct 23 20% May 26 13 % Nov 4 22 Va Mar 17 Brunswick-Balke-Collender—No par 13% 14Vs 13% 14% 14 14% 14% 14% 14% 14% 5.000 22 % Oct 16 27% July 24 20% Sep 14 28% May 20 Bucyrus-Erie 24 24% x23 % 23% 22% 23% 22 Va 23 % 22 22% 8,800 12 10% Sep 72% Dec 15 16% Mar 25 Budd 11% 18,900 46 15 11% Oct 31 51% Jun 20 17 13% Sep 15 76% Jan 7 41 Feb 26 16% Dec 16 36% May 7 12% Feb 14 63% Dec 3 15% Dec 81% May 29 50 Aug 4 Sep 3 Dec 1 17 % Ja-n 2 40% Feb 14 35% Jun 22 3 20 13% July 20 83 J/4 Feb $5 6 31% Nov Bullard Co Bulova Watch Co Inc 10% Oct 14 17 Jan 2 74 Jun 10 91% Jan 7 Jan 25 84 67 Jun 10 78 12 Dec 22 Jan 2 Apr 26 33 Apr 28 18 % Jan 7 14% Dec 31 II Oct 6 8 125 Jan 21 2 35 Jan 9 129 July 39% Sep 13 % Sep 31 11% Sep 14 Jan 17% Feb 15 146 40 4% 30 3 July 15 5% 15% Feb 1 14% Dec 12 83% Dec 4 8% Nov 13 14% Jan 17 5% Sep 15 12% Feb Jan 3 19% Sep 14 27% Mar 20 108% Jan 4 11% May 78 % Jan 19% Oct 104 % Apr 28 14 26 19% Nov 12 25 % Apr 24% May 16 29 79 30 Aug 28 102% Oct 4 16% Sep 30 15 86 7% Jan 2 20% Oct 7 28 3% Jan 22 1% Sep 15 3 % Mar 2 30 10 Vs Jan 17 15 9% Mar 2 22% Jan 2 26 12 6% Sep 20% Sep 9 Dec July 17 11% Jan Dec 4 95 43 % Jan 19 51 xl6 Va May 26 20 89 7 Nov 17 40% Mar 31 9% Oct 15 56 Apr 3 16% Jan 31 31% X46% Nov 25 1 16% Oct 9 H% H% 142 144 *145 preferred—.—50 *37%- 38Va 13% 1 18% Jan For footnotes see page 30 26. Jan 5 Canadian Jan 5 Cannon 14 30 19 % May 25 May 27 14%. *11% 11% 145 146 145 11% 300 145 *37% 38% *37% 13% 13% 13% 13% 13 % 13% 13% 13% 13% 82% 8% 22 *105% 106 18 Vs 18 Vs *80% 82% *80% 82 % *80% 82% *80% 10o 10 8% 8 Va 8°s 22 No par 620 38 Va 13% 8% 21% 22 *105% 106 105% 8% 21% 22 105% 8% 8% 8% 1,700 82% 8% 22 5.300 1.400 21% 22 *21% *105% 106 105% 105% 130 13 17% 17% 1,000 23% 18 18 17% 17% 18 23 23% 23 V4 23% ,23 23% 3,700 1% 1% 1% 1% 1% 1 % 1% 1% 9,400 8% 7% 7% 7% 7% 7% 7% 7% 7% 21 21% 21% 21% 21% 21% 21% 21% 21% 21% 2.200 11% 11% 11% 11% xll% 11% 11% 11% 11% 11% 5.300 88% 89 90 90 x88% 88% 89% 89% *88% 90% 200 54 54 23% 22% 5 1% ^-1 —5 8 Breweries Pacific Ltd- l3« , % 23% • 'K" 25." Ry .No par- Mills 1 Capital Airlines Inc Carborundum Carey (Philip) (The) - *53 54 Va 23% 21% *21% 21% 23% 23 Vs 44 3 44% 44% 55 53 53 Va *53 54 21% 21% 21% 21 % 21% *21 a 23 % 22% 23 V» 23.% 23% 44% .44% *21% .No pa r - 14 *11% 8,400 38% . 54 16% Sep 14% 11% 150 60 14% 7,800 __ 34 23% Sep »146 14% *37% *80% „ 14% *11% 12 150 11% 38% 15 Inc 14% 14 *11% 14 % 11 *37% —100 5 : — Canadian 13% Jan 29 36,700 10o pfd 13 14 44% Sep 30 9% Nov 18 11% 100 70 27 17% Apr 21% Sep 900 11% *38% *68 % 21% Nov 46% Jan 38% 39 72 °67% - „ 38 *38 *68% 54% Nov 5 11 3 39 39 72 24 Sep Jan 13% Mar 102 *38 Vs *68% 22 7 12,800 72 30 15 10 29 27% *68 Jan Sep 86% Oct 27% Jan 27% 84 Packing Corp & Hecla 28% *82% participating preferred Calumet 27% 84 Callahan Zinc-Lead , 28 Va *82%- Copper & Zinc California 2 700 27 5 B 27% 11% .No par Campbell W & C Foundry. Canada Dry Ginger Ale com. .1.65 Va No par $4.25 conv preferred Canada Southern Ry Co— 100 24 14 Jan 27% Jan 53% 82 % Byron Jackson Co 24 Va Mar 12 74% *53 11% 11 common preferred *72% 53% 11 % 82 Va Byers Co (A M) common. 109% Mar 10 1% Oct Bros 4%% Butte 26 72% 53% 11 % BIdg 7% prior conv Butler 16 Mar 16 7% Apr Terminal 72% 53% 83 Bush Terminal Co Bush 11% 74% 52% 11 Burroughs Corp 9 11% *72% 83 preferred- 3 Mar Dec 11% 51 27% 39% 11 400 73% II 11% 83 73 14% 100 100 —5 preferred 3%% s 51 29 38Va H *82 Burlington Mills Corp common—-1 19% Jan 92% Apr . 121 *72 Va 73% 51 27 5 2 8 16 10 new 43 % Mar 7 118 Co_ 11% 11 *72% 51 No par —1 preferred Forge 16 Inc Co . 5 (The) Co common——No par Buffalo 14% Nov 76 Co 54 Va Mar 10 84 % Jan 14 Apr 18 Shoe Brown 5 22 7 " ; 9% *53% a 44%: 9%- 9% 44% 10%- - 44%; 44 % 10 '•* 10 s 9% 9% 10 23f%Sl 44%n 9% * 120 500 38.600 800 9.200 •""' Co Mfg Co — 5 (_io 27% 27 17% . 17% 26% ~ . *17 Vt 27%"" 26%' 17% 17% 7% , 17% 27% 27% 27% 27% Va 17% 17 Va 17 6,700 .600 Volume 178 Number 5279 ... The Commercial and Financial Chronicle (2209) NEW YORK STOCK RECORD Range for Previous Year 1952 Lowest 104% Jan 34 Feb Range Since Jan. 1 Lowest Highest Aug 5 417a Dec 9 10 116 20 103% July 20 34% Jan 10 39% Oct 30 53% Jan 28 39% Sep 14 21% Jan 23 36% Dec 4 34% Jan 2 39 V2 Jan 10 58 Dec 4 55% Jan 5 10% Feb 20 14% Dec 22 Oct 21 142. Nov 3 30 % Apr 49 18 Mar Carolina 16 72 Mar 5 Conv 25 Jan 5 Case 143 Jan 9 3 104% Aug 7 30 51% Jan 2 19% Oct 9 131 'A Dec 5 150'/a Feb 26 Oct 22 133% Jan 2 94 '/a Nov 6 110% Jan 2 68% Dec 1 15% Sep 15% Oct 24 19% Jan 15 17% Jan 28 16 19% July 30 6 Oct 9% Feb 23 65% Jan 2 Feb 24 38% Jan 6 105 98 Jan 20% July 27 7% Feb 26 Central Foundry Central 7 35% Dec 8 27 Nov 24 40% Jan 8 59% Sep 15 73% Jan Dec 22 36 24 40% Aug 18 Jan 8 110% Oct 21% Nov 25 15% Feb Feb 24% Oct 5 Jun 24 14% Sep 9 5% Mar 27 110 Jan 20% Mar . of Georgia Illinois 4%% 24% Oct 9 14% Sep 14 28% Feb 25 Class Ry 20% Dec 1 18% Jun 10 23% Dec 4 Central & 21 Feb 6 10% Nov 25 17% Mar 16 Central 9% Mar 12 6% Sep 19% Oct 15 1 11% Sep 14 15% Mar 20 8 30 15 37 Apr 3 10 Jan 29 x34 Dec 9 58 '/< Feb 8 13% Oct 23 16% Apr 33% Oct 28 42 Feb 30 Sep 13 38% Jan Feb Cerro de Chain Belt x20% 16' 48 49% 104% 25,775 46 *72 13% 13% 16% 117% *103 104 13% 400 46% 46% 75 49% *103 15% 118 lis 50% 49% *103 104 75 13% 1,800 16% 27,100 118 50 51 7,900 104 37,565 20% 20% 20% 20% 20% ill1/* 110% 110% 110% 110% x68% 69% 68% 69% 68% 69 68% 68% 6,735 16% 16% 16% 16% 16% 16% 16% 16% 16% 4,200 16% *15% 16% 15% 16 *15% 16% 20% 20% 20% 2% *20 2% 20% 1,700 g% 5% 5% 1,700 xllO 20% 16% *15% 5% 5% 5% 20 20 20 5% 5% 20% 109 20% 109 27% 2874 28 28 7« *28 28% 2874 28% 2874 67% 67% 68 687a 683/4 693/4 69% 693/4 12 11% 12 12% 12% 12 12% 12 127a 39% 3974 39% 397a 3974 397a 39% 393/a 39% 120 300 303/4 68 11 % ♦ *38% 100 A West Corp Sugar Co 105 1067a 19% 105 105 *105 17% 500 17 *1672 22% 2374 *10% 103/4 1774 1774 17 17 17 17 17 17 17 22 2274 2274 22% 107a 10% 10% *6% 6% *6% 2274 121% 17% 10% *103/a ' Corp *1672 19% 223/8 7 7 20 3i 21% *6% 774 *6% 21% 213/4 2174 X1274 1 127a 123A 12% 12% 10 Co 17 193/4 17% *17 5 4,200 19% 22% Corp 30 19% 19% *103% 307a. 31 3074 30% 1,400 1067a *105 105 20 5 2,500 6,000 193/4 105 193/4 9.50 3,500 1 17 1067a 19% *17 No par Products 2,600' 70% 114 °15% 20 50 Certain-Teed 3 48% 13% 16% 118 42% *67% South Pasco 15% 118 45% 800 40% *41% 42 *73 Shares 108 39% _ioo Century Ribbon Mills 5 47% *103 45% 74 13% 16% lis 42 107% 40% No par Light common Violeta 13% 15% 42 . No par B 17 31 13% 109 39% 16 50 20 20% 45% *72 *108 397/8 the Week Dec. 4 69% 10 15% Dec 8 47% 104% *41% Friday Dec. 3 109 39% 75 118 1 Co preferred 16% Apr 15 *103 *72% 2J? 5 / q Sugar Co Central RR Co of N J class 24 16% 118 46% ..100 CenLral Illinois Public Service 2 13% 15% *116% common_.___10 preferred series B Central 6 28% Feb 14 46 75 13% 12.50 Central Hudson Gas & Elec 42% Mar 25 12 17% Jun 97 2 29 13 {" P*a Aguirre Central 30 13 n 22 68% Dec : 45 *72 1 20 % 19 17 19% Oct 46% 50 113% 15 29 104 44% series Amer com—No par 4% Sep 16 41% conv 19% Mar 25 35% Jun 41% preferred 100 preferred series A.100 Celotex Corp common No par 4/>% 16% Mar 18 10% Jan Apr 41% 4.20% 2 11% July 14 41% 10 100 19% Feb 14 40 2nd 7% 108 39% Corp Tractor Prefeired 109 39% Co common.. Celanese Corp ol *108 Dec. 2 39% preferred Caterpillar 5 47% Jan 17% Jan (J I) 7% 109 Dec. 1 5 General 15% Oct 30 20% Mar 12 23 21 108 2 Oct 45% Sep & *108 Sales for Tuesda^ ^^"dnfsda^ ^Thursday No par common preferred 4% Carriers 33% Oct 96% Jun Corp 14% Mar 27 17 Light Carpenter Steel Co Carrier 99'/a Jan Sep & 30 154% Aug 21 66 Dec 31 115 Power Nov. 30 Clinch field & Ohio Ry.100 Jan 2 47% Jan Par Carolina 4 46% Nov 12% Sep 24 14% Sep 16 3 _ Monday EXCHANGE 113% Mar 19 43 YORKKSTOCK NEW Highest Continued— Page 3 * 7 22% 21% 23 *103/a 17 233/a 10% 7 22% 700 19,300 200 100 14,200 12% 127a 123/a 1274 1274 7,100 31 31 31% 30% 317a 2,000 33 34 34% *34 7e 34% 2,300 100 31 x98 Champion Paper & Fibre CoJuly 24 26% Jun 16 34% Dec 3 Jan J8 105'/a Oct 21 92% Jun 22 103 % Jan 30 5% Oct 23 8% Jan 17 4% Sep 15 May 17 34% Jan 26 26 Sep 15 31% Feb 4 33% Jan 2 35)% Dec 10 32% Sep 15 41% Feb 2 81 % Jan 4 88 Dec 23 80 Jun 3 85% Oct 27 22% May 98 28 16 % Feb 1 23% Dec 20 Common $4.50 7 % Mar 27 23 12 Sep 15 20 21 Aug 31 20 21% July 18% Feb 20 28 % Dec 16 Oct 7 26% Jan 12 6 34% Jan 1 18% Dec 17 12 Jan 18 10 Jan 53/a *26% 27% *26% 27% 27% 34% 357a 34% 35 347a *85% 867a 85% 857a Class 15 24 23 22% Jan 13 *39 % Feb 27 51% Dec 23 40% Sep 15 51% Jan 2 11% Nov 23 34 5% 0 18% Oct 6% Sep 11% Nov 17 Mar J 9 ; Sep Jan 16 20% Apr 26 32% Feb 20 42 % Dec 30 Sep 14 45% Apr 24 56'/a July 23 41% Oct 6 28 75 59 Aug 31 59 Chic 23 Oct 6 Nov 3 89% Jun 25 18 12% Feb 6 7% Oct 13 27 18 Jan 8 22 Mar 12 6% Oct 13 95 8% Sep 13 Oct 2% Oct 30 Nov 14 10 13 95 Jan 31% Jun 4 24 30 60% Nov 19 Dec 2 91% Jun 25 102 4 35% Jan 22 55 16 Jan 28 9 Jan 8 14% Dec 30 92 Jan 21 Oct 14 28% Jan 4 89% Oct 22 114 102 33% July 33% Mar 17 15% Dec 1 Aug 27 83 % Feb 5 44% Jan 0 74% Jan 5 80 Dec 29 48% Feb 21 56% Sep 9 110 Apr 4 14 75 Dec 29 26 44 Sep 3 • 29% May t 1 39 % Dec 9 5 128'A Sep 130% Jan 3 75 Dec 3 102 Jan 7 136% Aug Sep 5 Feb Co 23 4 78 Jan Nov 44% 44 74 44% 44 44% 44% 107 Oct 125% Feb Jan 875 233/a 25% 80 62% 63% 62% 633/8 62% 633/a 62% 6374 42,500 • 21 21% 21% 2l3/4 213/4 2274 22 22% 22 2274 8,200 95 96 94 V4 943A 943/e 96 95% 95% 96% 967a 51 52% 52% 54 52 52% 52% 54% 533/4 55 30 30'A 303/a 307a 30 3/8 30% 303/8 30% 30% 30% 6,700 18,500 10 773/4 78% 7874 8074 80% 82% 81% 837a 817a 82 30,400 5 9% 9% *9% 9% *9 7a 9% *9 7a 9% *9% G«,s I T Financial Corp Investing Co preferred No par common 100 *98 No par *29 5 ... convertible preferred Co new Equipment preferred Foods Clopay cum Inc 90 172 *85% par Inlernat'l 2 66% Mar 24 Colorado & Southern Sep 11 47 Sep 1 38% Jan 8 50% Dec 71% 7174 *41% 42% 30 19% 203/8 19% 20 207a 207a 207a 20 207a 5,900 36% 36% 36% 36% X367a 377e 3774 37% 37% 373% 273/4 27% 27% 277a 27% 27% 27% 8,700 5,700 97 97 97 97 97 97 97 l 27% 9 50% Dec 1st lioncumulative 2% 31% loo *133 45 45 3/4 44% 45% *53% 54 54 54 *53 78 54 *53 78 54 *52 54 *52 537a *52 533/4 *53'/a 54 pfd... 100 5 Columbia Gas System Inc 10% Dec 5 6 65 Dec 483A *48% 4 8 3/4 48% 50% 50 74 50% *4972 12% 12% 12 34 12% 12% 12% 12% 12% 12% 12% 63,700 18% 19 187a 18% 18 18 74 18 18% 1874 18% 8,800 $4.25 cumulative preferred.No par Carbon Co No par <fe Southern Ohio Elec—5 48 Dec 4 Combustion Engineering 6 Commercial Credit 2 Commercial 30% Jan 34% Dec 31 32% Jun 17 37% Dec 2 Commonwealth Edison 64 647a 65 65 65 44 43 43 74 437a 44 433A 44% 43% 44 26% 26% 26% 26% 26% 26% 27% 27% 2774 Inc.No par 45% 44% 4574 44% 45 45 47% 47 48 36 % 36% 3674 36% 36 36% 35% 367a 36 3674 8,000 17% 17% 17% 173A 17% 18 17% 17% 17 173/a 10,100 com___25 36% 37% 36% 3774 37 74 37% 3774 37% 3774 37% 17,700 convertible 36% 36% 36% 377b 377s 377a 37 7a 37 37% 1,500 conv 37 37 37 37 377a 37 7a 3774. 37% 37 377a 6 6 6 6 5% 5% 14 34% Dec 31 32% Jun 17 37% Mar 16 35% Dec 31 32% Jun 17 37% Mar 16 10% Feb 18 5% Nov 24 23% Oct 28 28% Jan 2 22% Nov 25 27% Jan 27 Co he 25 2 20% Oct 28 24% Jan 15 Congoleum-Nairn preferred: 25 preferred 25 Publishing Co No pat. Nast Mills Co Corp 10 Inc No par 31% Feb '7 27% Jun 10 4 Consolidated Cigar 1 12% Jan 25 6% Sep 14 11 Feb 25 Consolidated Coppermlnes 32% July 18 39% Nov 19 34% Jun 10 42 Nov 30 Consol Edison of N Y 109% Mar 27 103% Jun 2 109% Jan 5 233A Jun 10 Jan 13 Apr 22 12% Nov 18 107a Aug 13 16% Jan 18 117a Jan 23 52% Oct 16 647a Feb 4 27 3A Sep 397a Dec 12 8 11 Jan 14 of Bait com 27 Jan 2 5 Consol RR Consolidated Cuba 6% 674 Oct 1 1074 Jan 6 Consolidated Mar 24 127a Jan 14 874 Nov 13 1074 Jan 6 Consolidated Textile 20% Dec 23 157a Sep 223/4 Feb 3 Consolidated Vultee 347a Jan 38% Dec 12 15 357a Apr 23 40% Nov 2 9 2 11 Apr 1 Jun 19 109% Jan 99% Jun 18 108% Feb 36 Jun 17 Jan 30 103% Feb 8 93 Jun 23 102% Feb 11 19% Dec 4 18% Jan 2 Feb 7 89% Sep 23 457a Jan 13 2 110 3 1093/4 Nov 26 102 May 16 2 43% Dec Jan 17 16% Jun 8974 Dec 12 18 96 31% May 99 41% Aug 19/ 4874 Dec 31 92 Jun 16 Feb 8 For footnotes see page 26. .Jan 5 99 1087a Sep 16 117 99 87 3 -c 22% 22% 22% 4,400 22 22'A 21% 2274 21% 22% 21% 22% 21% 227a 3,300 31% 317a 317a 73A 31% 31% 31 % 31% 31% 31% 42 41% 31% 7% 41% 107% 7% 42 1073/4 26% 27 7% 41% 1077a 2634 1077a 26% 110 997a 1.337a 137a 13 74 13% 13 7a 734 10774 7% 26% 27 110 *98 7a 137a 137a 13 131/g 13 137a 1274 *12 12% 12 7s 1274 12 74 54% 55 55% 557a 56% 567a 57 197a 187a 187a 183A 18% 19% 197a 67a 6% 9 74 67a *974 67a 67a 6% 67a 974 39% 39% 39% 40 403/a $4.25 preferred conv No par 2nd preferred—No par 6% * 1,200 40% X104 104 10338 10474 104% 1043A 105 43% 44% 43% 101 •99 101 2,100 40 Xl04% *99 6 3% 403/a 1043/4 101 *99 6'A 300 12,000 1067a 44%.. 600 5,000 20 9 1047a 44 12% 5774 17 10574 447a 1274 56% *19 163A 974 107 44 110 130 1,800 17% 974 1047a 104 *10574 1087a 407a 17% 39% 1274 1087a 17 9% 16% $3.75 97a *12 26% 99 17 i L 5,500 27 99 16% - 27 26% 99% 17 Inc common..—20 103 108 1097a 9 74 Can 10874 99 16% Continental 6,200 15,500 1,300 109 1 No par 7% 41% 99% 10c preferred 7% 41% 547a *18 600 7% 41% 107% 107% *108 7a . 7% 413/4 42 Inc $5.50 4 6 8, 6 22% 997a $4.52 preferred No par Container Corp of America com__10 4% preferred 100 Continental Baking Co cum..No par 257a May 21 95% J«n 58% Nov 'T 973/pan 16 5-133 "Nov -May 20 11274 Jan 45 2234 *108 7a 1 900 22 3/8 99% Inc 67a 22% Aircraft Co 1,300 67a 22% 1087a 5 6 22% 1087a 15 6 8,400 22 % *98% pfd__..._100 Stores ' Consumers Power Co com....No par $4.50 preferred —No par 5 31 Jan 102% Jan Retail 37 100 Laundries Corp of x v, J..100 Consolidated Natural Gas.. 3872 Jan 16% Apr 15 9% Oct 15 No par Preferred 47a % series B Preferred 4% series C Consolidated Grocers Corp 24 58 • 5 No par No par 137a Apr 16 Sep 17 Corp 16 3A Apr 5 487a Jun No par ; com preferred Power Co S 7 Mar 26 210 6,400 10,300 45% 26 10 28 66 1,500 10 35 % Dec 102 *64 4,400 No par Co Solvents 32% Jan 1107a Jan 65 50 42% .. Columbus 22 % Jan 65 493A 26% 63% Columbian 38% Jan 10 220 48% 11 15 537a No par 15 Jun *52 common—No par Pictures 18 Jun 520 54 4974 Sep 91 45% *53 7e 50% Sep 100 10,000 *44 50 16 25 177a 50% 38% Sep 31 17% 49 31 Nov 8,200 17% 48% 7 27% Dec 147a 48% 11 10574 July 15 45 210 14 48 3/4 35% Jan 113 44 3,100 88% 143/8 48% 17% Oct 27 19 46 100 7,000 43% *44% "17% 10 87 114 42% 100 14 134 88% 100 pfd 2 27 *85 1117a 90 17% *88 4,700 13,000 *835 173/B *89 200 2% 43% 17% 30 Feb 42% X17 7a Jan 9774 Jan 42% 18 Nov 2574 Oct 23 427a 17% 15 106 42% 147a 19 $5 4274 10 32% 134 87 112 *835 42% 270 27a 134 89 3 >106% Jan 2 *835 11174 1063% 31% 2% 147b 29 31% Dec *85 111% 106 32 89 11% Jan 6 *133 86 86 109 3A 74 15 38% Jan Nov *835 41% 2 31% 134 *133 867a 110% 2% 32 89 12% Dec 7% May 134 *85 10974 74 31% 14 74 1 27 *133 . 89 11 July 2 2% 32 15 15 19 134 274 31% 90 39% Feb 21% Apr 2% 32 27% *96 20 i43/8 com 2nd $1.40 97 No par Ry noncinnulative $1.32 28'A 97 100 *71 -No par 47« Conde 3,660 71% 1067a 1067a No par 47c 3 1063A 54 20 88 53% 41% No par Mar 24 Mar 1063/4 *85% 88 417a prererred 65 '/a Mar 24 8 53% *717s 13% Jan 6% Dec 53% *8574 106 3/4 16 ',a Jan 2 533A 88 71% 4 30 5374 42 29 38% Aug *8574 54 180 10634 13% Oct 44% Jan 88 5334 *170 *71 32% Jun 14 *8574 230 2,500 *417a Columbia Broadcasting SysclA.2.50 Class B 2.50 Oct 20 180 1,300 33 717a *825 50 Nov *170 16 77 33 41% No Par 12 34 % 180 *753/4 41% com 59% Mar 27 37 *170 *15% 76 32% 15% 100 4,600 42 % No par 60 1 178 *168 15% 76 32% 34 297a 72 86% 0 3 54% 109% 18 51% Mar 17 88 53% *85 Jan 27% Dec 172 109 Jan 2 76 32% 100 Colgate-Palmolive Co 15 7678 32% Corp 2 Sep 76% 33 74 No par 47 % Jan 37 15% 76% 32% *28% 108 preferred 40% Oct 28 59% Mar 15% 76% 29% 9% 102 107% (The) Coca-Cola 23% July 15% 15% 28% 33'A 1 41 4 29 *98 102 .No par cumulative 2nd Columbia 29 *98 *41% preferred 0 2 102 29 28% *98 *70% Corp $3.50 15% 102 gtd—50 Cluett Peabody & Co com T/o preferred 4% 297b *98 630 stock—50 7% 4% common conv Coca-Cola Co 800 1 RR Molybdenum 4%7o 25 25 No par Pitts guaranteed Corporation Clinton 25 76 100 Illuminating com.No & *24 7a 32% 20 Co com 102 15% 100 noncumulativc preferred—100 Elec 25 2,800 Electric— & 39 26 1,700 *24 7a 20% Mar 17 Nov 1,300 64% 14 27% Aug 13 2,300 257a 14% Sep 44% Dec 61 % Apr 11% 63% 7 63 11% *24% 22% Feb 2 11% 11% 25 Co 16 3 11% U 7a 25 Copper Oct 11 11% 11% 7% Collins &c Aikman Corp Colorado Fuel & Iron 56% Jun 11% 11% 14,200 7% 5 20 % Jan 8% 774 27 42 % Jan 8% 774 Nov 1 8% 9 774 24% Feb 40 % Feb 8% 8 3/4 77a 8 3 8% 93/a 77a 11 Jun 8% *8% 70 77a Sep 33 95 77a Jun 28 657a 95 7% preferred 14 Nov 6574 943/4 25 convertible 80 59 653/4 947a 2 2 2 6574 9474 2 9 Jan 65% 2% 22% July 38 64% 9474 27a Jan 67 *67 7a 65% 9474 27a 2 Dec 69% 64% 93% 27a 15 17 *67 7a 6474 93 2 Jan Apr 69 63'A 93 par 2 Climax 20 95 12% 1 17% Oct 87 600 5,200 27a 4 13 24 44% common Clevite July 24 Feb 47% Dec 44 7a 2 $4.50 4 874 40"% Jun 88 44% 1,700 14,900 *67 7a C C C Sc St Louis Ry 32% May 25 136 100 pfd noncum 127a 443/a 70 4%% 30 117% Jun 88 12 697a Clark 29% Oct 9 97% Nov 25 14 12% *67 7a 25% Apr 15 43 % Mar 20 2 127a *67% 16 28 % Apr 1274 prelerence—No par Sep 2 127a conv Special 4 12% 7,600 7,000 Cleveland 6% Jan 6% 3,700 19 32'A Jan 1,500 143/a *63/a 1274 Mar 23 22 30 3A 143/a 6% 5174 44% Mar 19 24 303/4 14% *6% 353/a 75 3% Oct 303/4 1474 6% 12 109% Jan 24% Oct 30% 14% 6% 5174 21 11 303/a 14 7a 67a 353/a 12 19 30% 14.7a 6 3/8 12% Sep 12 30% 14 52 Jun 33% Sep 29% 14 35% 41 22% Jan 29% 14 12% 70% Aug 10 89% Jun 6,500 5174 5% 2 203/4 3574 CJeve 18 20% 1274 24 Jan 20% 51% July 14 25% Jan 207a 35% 90 91 A convertible 54% Nov 3 20% 12 10 18% Mar 18 20% 513/4 16 81% Apr 2174 357a Feb 100 20% 123/a 18 65% Jan 37% Jan 203A 2,200 517a 47 % Jun 80 11,900 35% 9 Oct Mar 24 1,600 197a 12 City Products Corp City Stores Co common 3 Nov 31 152 2474 12% 5%% 5 75 4 16 2474 19% 1274 City 10 Apr 16 19% 12'A Cities Service Co 22 Nov 1674 2474 19% 5174 12 Sep 172 15% 23% 197a 357a C July 2 15% 247a 18% preferred 100 Cincinnati Milling Machine Co...10 90 155 105% Mar 12 10 15% 237a 18% 29% 4% 18 12 7 Feb 140 28% Nov Jan 15% 23% No par Pac & 300 18% *23 6 3/4 Common 14% Jan 102 10 Paul 400 86 1974 *6% Chrysler Corp 95% Jan 15 Jun *85 13,000 12% 22% Dec 6 9'A Sep 85% 800 34% 36 5% 48% Dec 14% May 12 7 79% Nov 40% Dec 1 70% Oct 95 857a 3474 51% Cincinnati 103 34% 35% Chile 96% Jan 24 34% 280 287a 50% Childs 30% Dec July 13 34% *28 53/a 19% preferred series A 100 Chicago Yellow Cab ...No par Cliickasha Cotton Oil jo Dec 98 St series 5% Jan 37'A Dec 2 25 Dec 24% Jun 94% Jan 48% Jan 5 27 2874 99 18% 50 Chicago Rock Isl & Pac RR—No 12 Jan 17% Jun 29% Nov 68 % Feb 2874 5% com.No par 13% Feb 39 157a 28 86 *85 5% —No par Milvv $3 3% Feb 13 233/4 98 99 57a Chic & North Western com__No par 5% preferred series A ]00 14% Feb 4 % Mar 12 10% Sep 1% Oct 11 15 72 *23 5% Chicago Pneumatic Tool 9% Jan 9 81% Jan 15 40 preferred 5% 76% May 27 July 25 72'/» Dec 49 'A J an com__No par ; Class 13 82% Mar 19 61 % Apr A Chicago Ind & Louisville Ry cl A_25 21% May 21 44 % Aug 6 62% Mar 19 15 32% 100 574 Chicago & East ill RR 6 10 % Dec 14 15 18 28 7 32% 100 574 21 27% Oct 34 % Dec 1 Oct 28% Apr 12% Mar 9974 574 Chicago Corp (The) III.1 Chicago Great Western Ry com__5G 5 17 3274 5% Corp of Virginia 5 Chesapeake & Ohio Ry common__25 3%% convertible preferred 100 21% Mar 24 17% Jun 7 32 100 1.25 26 % Mar 17 27 15% Feb 32 100 Manufacturing Chesapeake 23% Mar 13 Jun 22 % July 22 • No par preferred Checker Cab *99 441/4 101 9 103% *1043/4 43% *100 103 7a 106 44 5,300 940 210 5,300 101 21% 21% 21% 21% 21% 227» 22 223/S 21% 22 92% 937a 93% 93% 9374 93% 93 9374 927a 92% 500 56 57 56% 577a 56% 577a 56% 57'A .563A 577a 7,700 9474 93% 93% *93 94 93% 937a 937a 937a 300 *129 132 130% 130% 1307a *93 7a 130 130 131 131 131 3,300 180 17 18 The Commercial and Financial Chronicle (2210) NEW YORK STOCK RECORD STOCKS Range for Previous Highest Lowest 15 17% Jun 11 203/4 Mar 17 93/8 Sep 16 13% Mar 3 Jun 16 82% Jan 7 17 10% Jan 21 7% Sep 16% Feb 15 18% Jun 30 Nov 17 15% Feb 6 68% Apr 16 81% Nov 26 10% Nov 28 11 67 11% Mar 25 2 75 Apr 3 7% Sep 483/8 Oct 14 56% Jan 13 62 3/4 Jan 19% Oct 28 25 Jan 30 15% Sep 15 22 25 % Dec 18 31% Aug 13 25 19% Sep 14 28% Mar 19% Sep 21 26% Jan 27 15 27% Feb 2 30 7% Apr 5 Mar is 29 % Jan 23 % May 2 19% Sep 14 48% Jan 6 Jan 28 45% Sep 14 15 55"% Jan 30 18% Sep 18 68% Jan 2 28 */» Jan Dec 12 51% Jan 17% Jun 16 22% Mar 21 Oct 23 69% Jan 9 58 Jun 44 63 52 26% Mar 25 15 66 V2 Nov 5 87% Jan 25 70 Apr 1 Jan 16 99% Apr 22 S3 Ve Sep 14 15 963/4 Jan 19 3%% 98 Jun 25 Cum 6 78 Nov 9 Mar 31 175% Nov 10 16 3/8 Nov 25 18% Nov 16 Cosden 3% Sep 1% Nov 15 5 Jan 20 Coty 30 2 Mar 25% Sep 15 93 23 1 73 Jan 10 178 Jun 12 1% Oct 28% Oct 166 "33/4 93% Sep 67% Feb 23 25 99% Apr Jan 65 3/e Feb 93 Sep Apr 15 Nov 26 16 2% Jan 3 30 161 38% Jan "4% 91j/2 Jan 9 97 25 May 22 243/4 Jun 19 27 Dec 89 % Nov 9 1 95 25% Jan 2 28 20 Jun 10 26% Jun 16 12% Oct 22 193/4 Jan x32 % Nov 13 36% Feb 5 28 99% Jan 9 103% Jun 13 91 Oct 28 39% Jan 30 20 3/4 Sep 27 77% Oct 25 19 53/8 Oct 28 Dec 22 15 15 10 8% Apr 2 73/4 Apr 23% Feb 24 10 Jan 7 6% Sep 21 24% Sep 10 23% Sep 129% Jan 19 132% Dec 16 3 44 Dec 2 39% Dec Jan 90 July 23 95 May 7% Dec 22 133/e Dec 22 33% Feb 19 36% Dec 13% Apr 24 19 36% Dec May 15 39 preferred- —No Drug 7% 55 8% 40% 40% *31% 313/4 323A x31% 31% 87% "86 87% 325/8 *86 *134 40% 136 1,600 136 *134 40% 403A 40 31% 31% 87% *86 40 3/8 2,300 31% 31% 2,500 86 86 50 ; 5% 5% 5% 5% 5% 700 ! 14% 86 *14% 143/a *14% 143/a 200 373/4 373/4 373/4 37% 37% 1,000 52% *52% 86 881/4 100 *89% 90 310 *95 97% 100 series A 3.75% series & Co July 30 99 Co 50c 18% 18% 183/8 Inc 50c 9% 9% 9% Lack & 2% Dec 4 63/4 Mar 17 31 18% Feb 21 10% Dec 4 18% July 11 27% Jan 21 17% Sep 183A Sep 25 Sep 14 33 95 % Jun 9 108 263/4 31% 45'A 45 % *45% 45% 31% 45% 11% 12% 12 12% 12 y26%v 26% 26% 27% 27% % 3/s % fo , 18% 18 3/4 3,700 9% 9 5/a 9% 49,300 37 26% 37 37% 363/4 36% 3,000 26% 31% x25 % 26 % 25% 25% 21,900 31% 31% 31% 31% 46% 46 '/a 46'A 46'A 46% 1,300 12% 123/a 12% 12 3/a 9,100 27% 27% 27% 27 % 27% 14,200 iV a i'« J! 165,200 373/a iV / % . ctfs for common——100 89 89% x86% ,87% 87 87 87 88% 87% 88% ctfs for preferred 10o 94% 94% 93% 94% *94 94% 94% 95 94 94% 2,800 8 18% 18% 17% 173/4 18 18% 18% 18% 18% 18% 3,800 29 29% 29 29% *623/4 29% 29 3/a 29% 29% 293/a 8,200 *62% 29% 623/4 Edison 2o —— & S W 64 23/4 2% 23/4 23/4 23/4 2% 23A 23A 2% 16% Mar 25 Detroit 1 11% 11% 11% 11% *n3/4 ny8 11% 11% 10% 11 15 19% Jun De 10 24% Mar 10 20% 27% 99% 34% *33% 18 19 52% Mar 31 '32% Jan 8 353/8 Jun 23 30 12% Dec 30 143/4 Jan Jan 8 9% Sep 15 10% Sep 21 3 Jun 12 343/4 Feb 13 1 Jan 2 12% Jan 3 73/4 Sep 17 12 29% Feb 21 39 Dec 1 31% Jun 12 10% Jan 8 12% May~13 24 Aug 13 U Nov 13 Sep 10 Co Diamond Diana 12 18% 21% 27% 20% 100% 100% 34% 34% 33 % 33% 100% 343/8 33% 18% 21% 27% 100% 343/8 33% T 30 Divco 413/4 Dec 3 /.t Nov 16 26 14% Nov 25 23% Mar 10 Dome 17 65 % July 1 60 Jun 16 80% Dec 44/4 Dec 8 33% Jun 10 43% Jan 105% Mar 29 94% Jun 29 1023/4 Jan 17% Sep 15 243/4 Jan 2 833/4 Jan 113/8 2,000 11 % 113/4 1,700 29 29% 29 29'A 4,600 11 n% 10% 11% 7,300 41% 41% 1,700 10% 3,800 39% 40% 10% 15% 15% 153/4 15% 153/8 15% 15% 79% 79 80 79 80% 80 80% 6,000 37"% 383/a 37% 38% 37% 38 37% 381/B 39,400 36 July 29 43 7 Nov 25 123/4 Jan 15 91 Jun 10 1083/a Dec Common 1193/8 Apr 25 109 Jun 4 118% Jan Preferred $4.50 series No par 893/4 Jun 23 Prelerred $3.50 series No par 19 19 % 19% 19% 19% *75 75% 75 75 75% 7 5 %' *38 39 39 39 1 *38 & preferred DWG 2334 Mar 11 1063/4 1053/4 *37 7% 106 % 7% 40 7% IO6V2 7% 105% .50 Eagle-Picher Co Corp.— 114% 115% 93 ' .93 *45% *51% 47% 10 "51 47% *9% 46 47% 10 5 293A 51% 46 .50 — 50 Cigar 7% *114% 115% *92% 93% 29% 30 .„lo com preferred 10% May 15 < 7% 7% nv- 200 10,700 75% .•'*36 40 100 100 7% 7,600 106% 1073/s 24,600 115% 116 v.'/ 7% Co— 5 $4.15 39 7% 10.2% 19% 75 'A *102 19% 75 % 102 102 3A 19% 103 19% 75% 102 No par 4% *102 1023/4 19 100 Dunhill International (EI) >102 *102 50c Corp 107% 107% 108% *115 115% 115% 115% *93 933A 93% 93% 30 29% 30 29% 29% 46 51% 47% 10 < *93 % 30 1,300 93% 200 30'/a 19,900 461/4 *45% 46% *4534 46% *45% *51% 51% *51% 51% *515/8 47% *47 4 471/4 47% 10 10 10 10 10 10 51% 47% *9% 7'A ! 1,200 900 E 19 Apr 30 25 Jan 28 22 Sep 16 28% Jan 2 17% Sep 20s/8 Sep 283/s Jan 8 Eastern 16% Nov 14 25 % Jan 18 13% Dec 19% Mar 27 Eastern 16% Jan 21 Jan 21 9 % Sep 41% Jun 171% July 10 156% Sep 30 16 30 Jan 21 36% Feb 27 15% Jan 2 48 47V4 Dec 30 Jan 48 % Jan 30 9 36% Sep 18 July 15 163/4 Jan 5 253/a Mar 25 1 94 2 24% Aug 14 6 89 Apr 29 16 3/4 Feb 23 23 Dec 29 20% Jun 97 25 102 Jan 14 89 83 July May 28 Eastern Feb 67o Feb 17 Sep 15 17% Feb 24 55% Dec 31 12% Sep 39% Sep 14 24 21 57 T % Jun 20 2'A Apr 16 1% Jun 11 34% Oct 22 43 % Mar 18 102 Mar 12 2% Apr 25% Sep 373/4 Jan 10% Oct 13 15 9 Bros 4%% Electric 30 22 Oct 33% Feb 4 48% May 13 48% Jun 16 51% Jan 18 49 Jun 51 % Nov 30 5% 56 % Dec 26 44 Oct 60% Feb 4 5% conv 31 15 383/a Jun 16 30 133/4 Nov 12 17% Jan 29 13% Sep El 2 Emerson Emerson 153/4 Apr 26% Dec 14 10% Nov 24 14 Jan 6 3 15 19 30% Jun 27 20% Sep 25% Sep 26% Feb 9 2 5 % Feb 173/4 Jan 101 % Sep 18 2 23% Dec 31 6 7% Jun 18 16 89% July 28 20 3/a Jun 4 6 Sep 18 2 9 3/4 Feb 99 24% Mar 12 83'8 Nov 3 23 % Nov 24 2 16 5/a Sep 15 70 Dec 31 61 % Jan 64% Sep 15 74% Feb 11 73 Nov 24 70% Jun 15 74 see napp !?« 5 Mar 13 62% Jan For footnotes Co 8 2 94% Apr 20% Jan National Elliott 18% Mar 20 May Elgin 37'A Jan 193% Jan 22% Jan Apr 27 5 5 21 19 24 % 24% 11,000 14 13% 13% 2,100 10% 10% 10% 46'A 46% Co Inc 161 Paso *93 Empire Endicott 47c Radio 45% 10% 2,300 46 % 28,900 161% 190 39% 39 % 40 39% 40% 39% 40 3,200 20% 20% 20% 20% 21 20'A 20% 1,900 *86 89 23"% 23% *93% 95 89 24 95 *86 % 24 *93% 89 24 V8 95 *86 24% *93 % 89 243/8 10 4,500 95 15'A 15% 15% 15% 15% 15% 15 15 1,200 42% 42% 42% 42% 43 % 43% 4334 43 43% '7,400 1% l3/4 1% 1% 1% 1 % 1% 1% 1% 1% 3,700 No par 26% 26"% 26% 27 27% 26% 27% 5,400 11% 12 12 12 27 12 x25% 27% 15 .10 Mfg 26% 51% 50% 3 35% 4 5 15% 10% 51% 50% 35% 15% 10% 10 Co Phonograph Electric Johnson Corp 26% 22% 22% 50 Co common—25 26% 26% 100 *93% 94 % Equitable Gas Co Equitable Office Bldg 57o *93'A 10% "160 15% Co. preferred Erie RR 23% 10% 46 161'A 15% Gas & *86 10% 44% 161% 42 50 Electric District 95 i 160 10% 47% 160 1 preferred Natural 23% 39 20% 20% 46 % 160 5 (The) Watch 87 23% 100 39'A 87 2.50 X160 161 39 20'A 2 common—1 common 2nd 10% 103A 47% preference 11 % Jun 18% 24% 14 46% Storage Battery 16% Mar 19 26 18% 24% 14 Elec & Mus Ind Amer shares 32% Dec Sep 18% 243/8 5 common Auto-Lite 15 Oct 18% 14 10 Stop Nut Co— 10% Nov 24 26 18% 24% 14% 24% 14% 100 Co 24% Apr Jan 18% 23% 14% Corp preferred Elastic 18% 23% 14% common preferred Electric 18% 23% 100 Stores Products 4%% 11 123/4 Mar 11 Co Manufacturing Edison Ekco Kodak preferred Eaton 20 44% Jan Stainless Steel 18% 1 lo Corp Eastman 22 18 82 % Nov Apr 15% Mar 17 47% Nov 169 2,200 lo Airlines Inc— ' 12% Oct 41% Oct 158 v 8,100 15% 79 25 48% Jan — 10% 15 Nov 51% Jan — : . 5,900 . 38% No par preferred— — 10% 79% % Aug 29 $3.75 41% — 10% 14% preferred Duquesne Light, Co 10% 10% 41 _ 78% common Nem 10% 10% 37"% 13 series A convertible 41 403/4 — 5 47 preferred *40% *10% 393/4 __ 1 720 1,900 No par common 22 0 113/8 11% 12 Jan 9 % Jan 11% 11% 11 % No par Co Dresser Industries Feb 200 11% 28% 9% May 19 48 33% 12 Dec 30% Dec *33 Ve 29 75 14 42 Apr 27 47% Apr 23 43% Jun 4 3 3 3/8 113/4 84% Aug 25 25% Sep *33% 283/4 263/8 Apr Jan 34% 2 3 97 28 »-* O O 34% 11% 29 11% 11 de 27% 100% 34% 11% 29 11% 30 Pont 27% 100% 34'A ll3/8 80% Jun du 27% *993/4 11% 29 21% Oct Duplan 2,700 273/8 100 34% 11% 99% Jan Feb 2,500 11% Ltd Chemical 33A% 900 20% 11% Douglas Aircraft Co Inc 27 $4 18 5/8 20% 11% No par Apr Mines 18% 11% Pepper Co— Dow 18% 11% r ! 3,500 203/4 1 Cup Co _ 4,200 18% 11% Ltd— 23/4 20% 2 Co *62% 64 18% -No par Car Corp *623A 21 33 % ll3/a Rights Dr. 27% 18% 64 50c Motor 25 36% Oct 3 27 No par Corp-Seagrams Corp— Dixie 10 ..100 common Distillers Nov 133/4 Feb 17% 20% preferred Stores 293/4 Nov 1 17% —2 preferred-- Match $1.50 cum 65 5 cum Diamond 14% May 25 4 13% Feb 26% Dec Corp Raynolds class A 4.40% 24 13 & RR Diamond Alkali Co common 22 40% Feb Nov Steel Vilbiss Devoe Mar 17 Jan ; 11,100 Escrow 1 Nov 1,000 West RR— Detroit-Michigan Stove Co '38% 50 18 3/4 *62% 1 3,100 18% 10 Co_100 Mar 100 2,300 12 Esciow Detroit Hillsdale 11 37% 263/8 " 31% 13.50 52% 123/a 363/4 31% 37% *52 93/4 183/4 93/4 26% 37% ' Grande 2 6% Jan '. 263/8 —— Detroit 19 18% 18% 10 523/a 50 Light Co 2 5% Jun *52 100 293/4 Dec 13 373/4 31% 1 Derby Oil Co (The) 55% Feb *14 10 Western & Power Rio 5% 53/4 2o common..... Aug 4 243/8 Mar 23 3 91 96% preferred Rights 86 % *89 96% series C Delaware & Hudson ; 86 % 100 B *53/8 100 Rubber Records 7% Jan 7 136 136 18,200 *87% Decca 22 10 % Jan *134 40 8 25 88 Dayton 173/a Sep 25 *134 39% 800 73/4 24% 96 Denver & 83/4 Apr 136% 1 39% 8% 25 91 1 9 243A *95 % Dec 19 77/a 25 *87'A 27 Nov 8 25 *89% Nov 52; 8 25 % 97% Delaware 49% Dec 8% x25 54% 90 1 10 x8 25% 96% 54% 88 27% Dec 27 8% 253/4 -134 7% *95 54% *95 16 51% Oct 7% 963/4 54 *87% 233/, Jun x48 % Dec 54% *89% 26% Nov 17 10 98 *53% 97% 18 Jun *95% 54 89% 23 51 98 87% Delaware Jan" 10 20,900 7% *95% 7% *95 x533A 89 2 45% 7% 7 3/8 7% 98 55 *97% 600 87'A 30 3 300 *96 15% Jan July 29% 38 3/a 52% Feb 8 29% 113/4 13 x92%Jan 29% *29 38% 21 99 29% 12 10% Oct 97% Dec 29% 15,700 38% 40% Sep 1 5,100 29 3/a 6% 11% 7 8 9% 55 38% 12 79% May 93/a 5% 12 Aug xll4% Jan 9% 6 38 15% Jun 32 5 4 V8 9% 38 52 5 CNJ CO «"• 7% 7% 53% 93/8 5% 11"% 2 16 %> 5% 53'A 9% *53 12 15 16% Jan 9% 29% *29 53/4 533A 9% 5% 53 53 9% 38 Jan 52 5% 5% 533/4 9 % 200 *170 52% 11 % Oct 10 5% *53 200 *170 200 500 11% Deep Rock Oil Corp. 25 12% 12% 37a/4 Deere 8 4,300 15% 123/a 52% 5 21% May 27 270 12% 15% 12% 11% 2 3 15% 12% 15% 12% 38 5 12% July 30 15% 12% 15% 52% 33% Jan 10 15% 12% 77% 15% 11% Preferred 3.75% 12% May 14 32%-Jun 15% 76% 8,400 373/4 com A series 303/b Jan 25 77 24% *76 3/4 *170 530 24% 25'/a 76 200 11,400 77 24% *170 500 35% 24% 24% 76 200 29% 101 101 78 24 76 170 34% rH O O ri" 25% 24% 12% *28% 35% 35 % 100% 100 800 6,200 *52% 4.60% 47 % Jan Jan 29 29 35'/a 100% 35 12 80 Preferred 2 43 29% 100% 26% Daystrom Inc—I 10 Dayton Power & tight common—7 23% Feb 114% Feb 11% 37% 18 29 29'A 34% 26% 12% 373/4 15 31 29% 101 101 263/4 12 % 373/4 15 293/4 Oct 34% 34% 923A *91 26% 12% 37% (The) 23% Sep 106% Apr 29% 29% 101 923/4 *91 27 1 Chem Corp Davison 343/4 Sep 14 12% 14 283/4 jun 16 *26% 12% 14 4 16% Jan 26% 12% 1,500 13% 25 20 3/4 Oct 26% 12% 3,800 13% 5% 17% Aug 31 64 30 380 5% 35 % Nov 24 Oct 923A 26% *15% 1 34% Sep 13 *173 3,100 5% 5 July 24 20 74 175 733/4 . 2.50 2o 14 61 88'A 175 *173 *75% 100 A Corp common convertible preferred Preferred 17 17 23% No par series preferred Preferred 3.90% Nov 173% 29% 100 pfd Stores 2 66 173% 34% Inc—2.50 Stores Corp common 11 10 173% 101 1 16 24% Jan 173 12% 10 A Jan 12 172% 26% 5 Jan 25% Dec 75 *92 100 Inc 63% Jan 23 3,400 883/4 172% par preferred— Press Dana Mar 16 97 88% 88% 92 97% Feb ■ 88% 88% 92 92 7 88 88% 300 *92 92 15% Oct 1,500 46 92% 3 Apr 24, 81% Apr 28 \ 62 ' _i Cushman's Sons Inc 7% Cutler-Hammer Inc 4 74 61 % 2,700 Class 29 17 62% 10,300 14% May 4 40% Nov 10 23 62 28% 33/4% 30 623/4 28'A Davega Dec 62 28% 8 243/4 Jan 62% 28% 8% Mar 17 85% Dec 62% 29 28 95 6,900 63 28% 9% Jan 4 23% 62% 50% 28% 24% Feb 27 23% *49 50% x28% 3 Mar 46 24 * 29% 16 Feb 46% 23% 29% 21 62 *46 23 1% Oct x70 *49% 46 3/4 22% 3% 40% Mar 25 H 50% *46 22% 17% 313/4 Jan Apr *4 J % 46 22 1% 28% Oct 43 50% 46 22% 3% 92 15 *49'A 47 21% 17% 4 7% Sep 50% *46% 1% 28 16 Apr *49'A 900 3% Apr 22 8 2,200 173A Jun 17% Oct 21% *l3/e 86 99 % Jun 2 21'A 17% 11 82 % May 96 July 15 96% Jun 19 21 21% *3% 83 28 88 21 % l3/a 15 57 21% 3% Sep 163/sJan 21% 17% Jan 38% Dec 21% l3/8 15 15 21% 3% 17 17 21% 173/a Jan 10 1,500 21%' 1,200 ' l3/8 Apr Sep 23'/a 3% 43 113/8 Sep 22% 23% 17% 9 Jan 92% Jan 853/4 Jan 2 33% Jun 12 22 3A 23% l3/8 138 49 58% Aug 13 163/b Aug 6 33% Feb 51 22% 23 % 3% 15 19 22% 23% 1% 23 313/4 Jun 22% 23 33/4 13% Aug 20 12 22% 23% 17% 5% Dec 15% Mar 11 22% 23 3/8 12,300 10,000 17 3% 27% Mar 20 Jan 22% 233/4 8% 56% 8 16% Petroleum Corp Inc Jan 2 22% 23% — 29 % 8 Jan 13 *16% 74% 85 23 32 55% 16% 74 % 313/4 Sep 131 9 56 3/4 16% 22 % Curtis Publishing common -1 $7 preferred— —No par Prior preferred— No par Curtiss-Wright common —-l 4 9% Feb 55% 17 8% 743A 4%% 100% July 28 573% Feb 55% 16% 74% Cunningham 15 29 21 15 18 83/a 54 163A 74% common Cudahy Packing Co common 29 53/8 Sep 8% 54% 163A xl% Mar 17 94% Sep 49% Sep 83/a 53 16% 74% Cuneo 8% May 21 12% Mar 19 1 8% 53% 743/4 64 29 8'A 8% 95 18 Jan x8% 100 16% 95% 15 99 3 2,600 *94% Nov 8% Mar 20 20 76% *94 5% Sep 54% Dec Feb 93 Sep 49% Jan 753/4 95% 8 34 % Jan 77% 95 6 21 77 53% Crucible Steel of Amer common—25 57« convertible preferred100 Cuba RR 67c non-cum pfd 100 Cuban-American Sugar common^.10 7% pi eferred: 100 5 21 76 3/4 *94% $4.20 6 Mar 17 Sep 76'A *94% Jan 6% Sep 76% 94% Jan 27 76 95 17 12 76% 94% 185 Dec 1,300 753/4 94% 24 32 24 11 % 95% Jun 52 18% 10% . 95% 18 2 *18 'A 11% *94 % 25 16 18% 11% *94% Feb 123/4 Jan 18% 11% 88% 14 73/4 Jan 18% 11% 95% 30 180 *18% 11%, 95% Oct 653/4 May 26 93/4 Aug 27 32% Mar 3 33% Jan 89 18% *11 1 16 36% Jan . *18% 11% 87% Works 5,100 18% *94% 123/a Nov 14 Shares 8% 8 *94% 683/4 Sep 190 26% Apr 6 15 Jan 8% 5 20% Jan 15% Sep 129 % Jan 55 34% 7an 8 % International Corp— 1 Crane Co common _25 33A% perferred 100 Cream of Wheat Corp (The)—; 2 Crown Cork & Seal Common 2.5o $2 preferred—— „LNo par Crown Zellerbach Corp common—5 2 35% Dec 103 May 18 8 3/a 100 Glass preferred pfd 3%% 92% Jan 30 5 36% Dec 23 Mar 25 22 Jan 153/4 Mar 8% 11% Coty 273/e Mar 12 11% Nov 8% Dec .4 *18% Products 7% 21 87% Jun Sales for the Week Friday Thursday Dec. 3 8% 8 PRICES Dec. 2 Refining common_25 preferred 100 Corn 2 12 SALE Wednesday series of 1947-100 Corning 3 34% Apr HIGH Dec. 1 8 Cooper-Bessemer Corp common 5 Copper Range Co No par Copperweld Steel Co common— 5 Convertible pref 5% series—50 Preferred 6% series __50 Cornell Dubilier Electric Corp—__1 Corn Exchange Bank & Tr Co 20 6 18% Oct 22 AND Tuesday Nov, 30 Par Continental Cop & Steel Ind com—2 57o convertible preferred 25 Continental Diamond Fibre 5 Continental Insurance 10 Continental Motors 1 Continental Oil of Delaware 5 Continental Steel Corp _14 10% Mar 17 75A Nov Monday EXCHANGE Highest Louest Continued—Page 4 LOW NEW YORK STOCK Range Since Jan. 1 Year 1952 Monday, December 7, 1953 ... common preferred series A Erie & Pittsburgh RR Co„ 23% 23% 8% 8% 100 V-18% "*67% 50 *71% 19% 68 ' 73% 8.50 1 No par " > 10% 26% 52% 50% 35% 15% 10% 23 23 26% *51 50% x35% 15% 26 % *92% 23 *50% x503A 35'A 15% 10% 23 26% 26 % 95 23% 95 23% 8% xlTA, 17% *67% 68 *71% 73% 8 27 12 12 12 12 12 1,700 25% 52% 503A 353/8 15% 11 25% 25% 25 25% 2,100 *50'A 52% 51% 51% *50 51 50% 503/4 500 35% 35% 35% 35% 19,100 15% .15% 15% 15% 2,200 10% 10% 7,200 23 23 23 10 3A *23 900 26% 96 94% 94% 50 23 % 23% 23% 23% 3,700 7% 7% 73A 7% 8,800 26% 95 % 23% 8 *94% 67% 67% *71%/;73% 700 *26% 26% 26% 17% 18,300 *67 67% *66% 67% 200 *71% 73% *71% 73% 17% " 11 23% 460 17% 17% Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2211) ♦ *» NEW YORK STOCK RECORD Range for Previous STOCKS Year 1952 Lowest Range Since Jan. 1 Highest 5% May 10 Va Nov Lowest 1 7% Dec 6 NEW Highest 6% Sep 15 YORK STOCK 9% Mar 3 Eureka 15 Va Mar 10 Sep 14 Jan 14% Mar 9 22 Evans 13% Oct 12 Nov 10 44 May 17 4 55 % Dec 16 Va May 39 Va Sep Eversharp 14 59% Mar 4 16 21% Oct 3>/a Feb 29 15 2 Jan 2 3 July 13 27% Jan 3 Sep 12 7% Nov 12 20 Va Sep 29 233/4 Jan 11 12% Jan 3 16 Vs Jan 29 14% Oct 13 15% Jan 2 19% Jun 4 15 "Va Jun 17 533/4 Nov 5 57% Dec 3 48% Jun 24 57 30 Va Dec 23 213/4 Sep 21 34% Apr 15 7 23% Oct 29 12% Feb 28 16 Vs Dec 48% Feb 19 60 4% May 96 13 Oct Sep 14 3% Sep 17 Oct 19% May 17% Mar 13 673/4 Sep 8 53% Sep 15 2 30 7 3 7 24% Dec 18 34% Nov 19 14 101V4 Jun 41 73/4 Nov conv 5%% Federal pfd conv Fawick 4%% Ferro 5 107 Oct 26 8 51 Oct 2 First 13% Mar 17 Firth 29% Dec 4 39% Oct 10 21 Florida 12 19 19 . Dec 10% Jan 9 1 Feb 13% Sep 30 46 14 13% Dec 18% May 21 27% Aug 11 84% Mar 20 23 22% Apr 4 75% Jan 10 5% Dec 12 14% Sep 15 23 Vs Jan 20 7% Oct 30 13% Apr 13% Apr Jan 15 14% Jan Food 27 9 10 Va Nov 25 39% Sep 1 10 21% Sep 15 Sep 16 79 Jan 26% 97% 17 17 *17 17% 7% 28% 29 x28% 29 28% 38% 39 Va x38% 38% 38% 12% 13% 13% 13% 13% 13% 1 28 29 29% 29% 29% of '51—15 *94 96 Inc pfd cum Stores 4% 3 Gabriel 4 4% Sep 13 15 15% Sep 15 20% Jan 28 Gair 8% Jan 8 6% Sep 15 8 Va Apr 13 16 39% Sep 5 34% Nov 16 May 15 26% Dec 31 20% Jun lo 38% May 19 27VsJan 2 Gamewell 21% Sep 22% Sep 21 28% Jan 27 Gardner-Denver 15 33% Jan 20 Garrett 3% Sep 25% Sep 14 15 8 5% Sep 18 32 Vs Nov 17 41% Jan 22 24% Oct 15 33% Jun 25 26% Feb 21 31 Jun 27 14 21% Aug 31 20% Sep 15 105% Oct 14 98 Vs Jun 24 63% Dec 11 31 Sep 15 13 Vs Dec 31 10 Nov 19 102 July 3 51 Vs Jan 22 8% Jan 9 11 Apr 17 149 Nov 12 15% Feb 27 18% Aug 14 9% Jun 13 11% Nov 74 Jan 8 Jun *29 159 10 Jan 28 28 142 July 17% Jan 9% Sep 37 Va Mar 12 4%% 6 4 General 14% Mar 18 General 1 155 $4.50 Mar 24 $8 2 121 8 Jun 25 129% Apr 9 11 Vs Dec 16 45% Dec . 19 37% Jan 14 48% Dec 19 54% Feb 20 72% Dec 31 7% Jan 4 11% Dec 53% Dec 31 July 28 35% Jun 16 22 66% Apr 8% Sep 15 8 41 Apr 18 50% Jun Jan 3 96% May 22 88% Jun 5 11% Dec 12 10% Sep 52 Vs Oct 20 118 Jan 2 105 Apr 18 50 Feb 21 119% Jan 11 *94 Vs Jan 3 60% Dec 120 Dec 9 69% Dec 30 125% Dec 29 Jan 20 100% Dec 2 34% Feb 20 9 125% July 28 22 24% Aug 15 Nov 24 50 24% Aug 29 . 16% May 14 52 Jun 17 113% Jun 22 106 ' 11 - » » Jun Dec 29 25 Sep 114 Sep 30 126 93 May 11 8% Jan 4Vs Jan 29 i 37% Jan Dec 10 9 11% Sep 4 3 Dec 2 Sep 15 25% Feb 36% Feb 21 40% Nov 12 51 25 45% Dec 104% Jan 17 Jun 7 7 29% Jan 2 35% Dec 4 27 Dec 22 35% Jan 2 25 Vs Sep 100 Jan 26 102% Jan 3 99 Sep 15 3 22% Sep Mar 10 18 5 30% Jan 9 34% Sep 22 99% Oct 18% Jun 30 8 93% Apr 14% Nov 14 79% Dec 30 x86 Jan 18 Apr 15 32% Oct 27 23 7% Sep 6 45% Nov 25 31% Feb 22 Gen 2 76 Oct 14 85 ($2 July 29 76 Dec 28 18% •*an 25 32 Vs Jan 2 46% Dec 96% Jun 23 12% Sep 15 13 82% Oct 103 Dec Instrument Mills Motors * 21% Jan 14 38% Mar 20 1 8% Jan 20 Nov 24 130 % Jun 30 137% Nov 30 30 60 Vs Sep 21 80% Jan 54% Dec 15 2 108% Feb 10 Vs Jan 4 5 '/a Nov 18 9% Jan 20 Dec 29 60 51 Apr 30 Co Corp (B Co 16% Nov 28 2 27 57 16% Dec 22 19% Mar 14% Jan 52 % Dec 137 Va Dec 149 30 61% Oct 31 36 19% Nov 10 2 Jun 23 4 27 67% July i1 2 41% Jan Mar 28 11% Jan Dec 8 47 Tire 5 19 % Nov 2 56 4 19% Mar 27 Great 128% July 17 64% Apr 15 30% Jun 9 22 19% Sep 12 Vs Jan 2 141 -,»»•- oavfH 7 26 87% July 31 Mar 2 • 38% *37% -• 3874 1,500 92 Vs 8974 " 90% 40,900 9% 9% 9% 9% 9% 9 Vs 9% 974 1,400 59% 60'/a : 94% > 9% 59% 60% -*94 94% r *94 • 35% 5,400 60 10% 59 % (W Ri Union cum Co Co conv Western »/vmd Common 60 59% 60 59% 597a 5974 5974 1,000 r *120% 121% *120% 121% *120% *118 123 *118 120Va 121% 122 123 4 x23 % 4 59% 60 60 5974 5,700 100 12074 120 120 50 120'/s *117 [ 9474 118 118 100 60 Va • » 60 Va 6074 52,500 120% 1,700 119 Vs 119 Vs 119 % 120% 94% *94% 95 % 94% 95 Vs 9474 23 *22% 23 23 23 2274 2274 400 4974 49 Vs 49% 2,800 23% 23% 119 ' 119 49 Vs 49 23% 23% 4 Va 4 49% 24 4% *49 2374 23 Vs 4 Va 4 ' 4 94% 4'% 600 5,900 15,100 ' : ' 28% 29 I 28% 29'/a *99 99% 28% 29 29% 29% *99 12% 12% 12% 21% '.28% 29% 99% *99 12% 12 Vs 30 2874 28% *99 Vs 12% 12% 21 2874 '29 17,400 30 Vs ' 29% 99'% *99 Vs 99% 12% 30 99% •• 1274 12% 5,600 2174 3,100 217a 21 Va ! 30 74 2,800 *43 % 43% 42% 43 43 43 89% 89% 89 Vs 89 % 89% 8974 1,270 44% 45 44% 45 44% 45 447a 45 Vs 44% 44% 14.000 26% 26% 20% 28% % 43 21 26% 21 *26% 27 *98% 102 27 *98% 27 102 27 27'/a 900 700 102 *98% 27 Vs *77% 79 ♦73% 76 76 76 10% 10% 10% 10% 10% 10% 10% 1074 lOVs 10% 7,900 43% 45 >/a 45 45 Vs 45Vs 46% 46 467a 45% 46 Vs 7,800 101% 101% *101 102 Va 102'/a 102Vs 102 27% *98% 27% *77% 102 27% 27% 77% 79 28'/a 77% *75 *101 78 101 % 28 Va 287« 78% 78% *75 101% 78 14% 14% 14% 14% 14 Va 14% 14 74 14 Vs *80% 81% *80% 81% *80% 8174 *80% 81'% *98 % 28'% 2874 79 79 *75 78 14 *80'% 103 14% 6,660 50 10 700 5.700 81% 12% 12% 12% 12% 12 74 12% 12 Vs 12 Vs 12 Vs 12% 2,500 29 29'/a 28% 29 Va 29 Va 29% 29 Va 2974 29 Vs 29% 7,400 6% 6% 6% 6% 6% 674 6% 674 139% *135 139'% *135 139'% 30 6% 136 7 137% 14% 15 74% *135 76% 139 % *135 4,000 14% 15% 14% 15% 14% 1474 15 16'% 22,600 77 78% 78% 79% 78 78'% 7774 78% 11,200 _4 53 12,000 53% *53 53% 52% 5374 5274 106 Vs 106% 105 Vs 105 Vs 105% 105 74 200 5% 5 Vs 5% 5 Vs 5'% 2,600 *51 % 52'% 500 2674 5 Va 54 52% 53 52 52 26% 26% 27 26% 27 Vs 2674 3.400 1% l'/s 1% l'/s 1 Va l'/s 1 Va l'/s 1 7a l'/s 17,700 7% 7% 7 7% 7% 7% 7% 774 7% 774 26% 27% 26% 4,900 33 33% 33 % 34 Vs 33 Vs 33 Vs 337a 33% 33 Vs 33'% 1.900 16'/a 16 Vs 16% 16 Vs 16% 16% 16% 1674 16'% 167a 7,200 100 *88% 90 89 90 90 90 90 32% 32% 32% 327a 97 94 94 5 ,100 32% •95 32% 97 *94 1 9% 9 % 9 Va No par com 31% 31% *31% 9Va 32 *89 3274 *92'% 3274 94 91 300 32% 33 2,300 *92% 94 *89 8% 9 Va 8% 9 '/a 8% 31% 31% 3174 3174 *31% 874 32 20 5,800 200 19 % xl6'/s 16% 16% 16 Vs 16 Vs 16% 16'/4 53 53 *53 53% 52% 53 52% 52% *52% 53 % 48% 49 Vs 49 Vs 49% 48% 49% 48 Vs 49 % 4874 48% 8.600 com—_No par 17% 17% 17% 17% 17 % 17 % 17% 17% 17'% 177a 3,000 134'% 134'% Prop—No par 25 pfd RR— Inc 18% *134 135 134 100 *72 75 *72 1 33% 33 % Die Corp..No par (Ther)—- -„!! 53% * No par Ore 6% *53 53 100 corp 5,200 ) 89% 10 common. Western Tap & 11 60% .61% *93 12.50 (The) Sugar Co 1074 ' —5 preferred L) 1174 89% paper Co Ry 94 ll'/s No par preferred iNortnerii 61 Va 94 *42% No par preferred.— (W T) 60 11% x20% No par — Co & 60 Vs 94% 59% ♦117 3% *9 Vs *94 11 r / 11 11 60 10% 5% Greenfield Gr- 35 Vs 38 Vs 90% 5% Hosiery (H 4 36 35% 35% 91% 5% Bay & } 40 2.900 38 54 Vs Green 1 •• ll'/s 34% 105% Green i 124 ll'/s 88% 53 2 23% Mar 23 *123% 1174 37% *105% 21 14% Dec 124 34% 5 Vs 40 Va Jan i *11 Va 89% 105% Northern 1% *123% 11 Va 100 1,000 38 51% 73% Jan ' 18 28 96% Apr o 1 Nov "••or loor.not#»»- Grei 17% Oct ' *93% Sep 9 123% 20 - 88% *105% Gt Northern Iron 27 Gt 26% Jan 13 Nov 58% Mar 25 1774 *37% .No par preferred Grayson-Robinson Stores 18 30'% 1774 Rubber— & 3%% Sep 71 30% ; 38 34% • 89 10 F) 98% Jan 13% Jan 71 , 1774 90 34% *37% 10 15 46% Feb 34% 11 ...No par $2.25 71 31% 17% 43 100 Graham-Paige Motors Granby Consol M S & P_ 39% Mar 17 ll> *70% *30% 123% 124% 11 73 31% 1774 90 1 Gould-National Batteries Inc 16% Jan *123% 900 5,700 22% 2.50 Granite City Steel common 2 11 43 common—No par Grand 3 2074 1074 17% ■"« 20 142'% . 20% 5 20% Jan 8% Dec *140 1174 11 No par 34 Vs Dec 31% Dec . 21 *2074 1 common 15 22 142'% *140 89 preference—No par 18 Aug 14 5. 4,600 1 common 14% Sep 85% Oct Dec 142 30 7,300 ' 100 Co 26% Jan 18 124% 11 26% May 26 24% Jan 30 39 300 2.50 com 25 8 6,400 *30% 17% common. No par 30 11% Mar 17 1,700 2374 par 20 18% Oct 31% May 2474 23% *70% 31% 17% — Grant 28 2474 100 (The) Co Gotham 33% May 97% Feb 142 73 *30% 1774 23% 27% Oct 29% July 16 *70% 31% 23% 9% Feb 86% May 22 73 *31 1 2% Mar 25 May 26 28 .. 11 Va *71 48% 1 99 < 11 preferred 5%% ; 21 10% 49 19 2 2074 1074 49 14 Jan 20;% 1 6% Jun 10 143% 20% xlO% Co 24% Sep 1 % Sep 30 *140% 21 12 145 *22% 8 34% Dec *28 21 23 15 104% Jan 29 11% 23 9% Feb 91 145 par 3% Feb 9 23% 94% 2 21 24'% 23'% 59% 23 27% Feb 24% 23'% 118% Oct *92% Sep 23'% 24'% 22% *28% 94% 6% Jun 33 2474 2374 24% 23 % 60Va Plywood Co Grace 28'% 2474 25% 118% Brewing Co Common 25 28'% 29 29 94% 61% July 21 33% Mar 4 2 9,300 500 100 Harvester $5 474 23 59% Corp Rubber Gleaner Mar 19 474 4 1 Corp & Glidden 4 59 474 24% 118% preferred Goodyear 43% Sep 4% 29 5 pfd—-No Goodrich 102% Jun 1.800 4% No par Corp; 7 15 27'/a 4% Corp Eqp 5 31 2674 4% 100 common series & Stock Telegraph Goodall-Sanford Inc Sep 2774 474 i—L— 100 Gold Mar 300 27 474 1_1 preferred Castings $6 Brothers Goebel 9 23'% 267/a 100 convertible 23 23% 267/a —No par (The 1 $4.50 6% Dec 23 2674 No par preferred Gillette 10% Sep 27% Oct 23 26% 124% Corp.- preferred 1 200 21% 26% .—No par preferred 18 35'% 2174 2374 Realty Steel $5 35% 2174 *2274 1774 preferred Gimbel 35% *2174 2374 conv)__No par Corp $3.75 Georgia-Pacific 4 *35% *2274 50 common.; Time 2 3574 21% 21'% Corp.———l Corp com—,_No par 4'/s% 16% Mar 25 79% Apr 1,700 *35'% *21% 3574 21'/a 10 Co., 3%% 2 28 12,600 674 35% preferred-—*__i——No par 4 Vs % 15 1,700 1974 674 21% 5 74 19 " General Tire 1 9 Vs Oct 5 74 197a 7 36 No par com cum Telephone May 11 69 5'/a 20 67a 674 Dynamics Corp common—3 General Sep 18 34% Mar 11 5 % 19 Vs 674 6% 100 General 100 5 Vs 19 74 674 5 Vs 1874 674 Shoe 5% 5 74 5% 18% 6% 574 90 18% 5% 18% General 77% Dec 8 71 General 20 49 Vs July 23% 71 3 55% Feb 17 23% 71% 23 Apr 19 6% Nov 16 24 108 23% 71% Public Service 10c General Public Utilities Corp 5 General Railway Signal com.No par 96% Mar 16 14 5 23% 71% & Utilities. 10c Refractories ;_No par Sep 3 23% 71% General 11 May 23% 71 9 18% May 22 Jan 23% 21 27 40 23% 71 General Dec 138 23% 71% Oct 15% Oct 104 5 8% Jan 124% May 24 Inc preferred 42% Jan 8 800 6,800 23% *70% Apr 15 89 11% 13 8 24% Oct 77% Feb 11% 100 ' 2 88% July 34% Jan 23% Jan preferred— Corp— preferred Preferred Mar 20 20% Jun 3 11% Contract General 27% Mar 23 18 36 10 2nd Precision 10 31 11% No par General Jan Jan 11% Corp 5 Corp com_„-No par preferred 100 Cement 25 14% Nov 4,700 11% 1074 Portland 9 81 2,600 46% 11% 39 % General 10 71% Dec 10% 46 Vs *1174 100'% 54% Mar 30 3% Jun Apr lOVs 11% 10% Advertising-No 23% Jun 31 10 Vs 47 *11% 38% Outdoor 19 10% 46% 100'% General 10 Vs Jan 10% 46 Va 50 " 5 1 1,300 10 % 1.66% 25% Feb 8 7% 45% com—1 15 4% Dec 25 preferred Corp 21% Sep 27% Dec 7% 12,700 •« 10 Va 4% 5 3 7% 7% 7% 180 19% 45% 1 14 20 7% 220 20 20 Vs 20 10% com 99% Jan 3% Feb 7% 26% 123% Jan Aug 31 21% Sep 15 7% 23 15 42 Vs 20% 23 15 20% Jan 92 Inc Investors 5% preferred 3%% convertible $5 20 1074 series General ' 20% 9,800 89 95 39 1st '$3.50 4 19% *94 101 Foods 69% Feb 19% 21% 53% Sep • 94 *35% 112% Jun 91 ; Sep 2 94 10 Vs General 2 93Va *88% *94 38'% -General 14 93'/a 39% 88 Va 95 *100 Vs 2 Jan 93'/a 39 39% 38% 88Va 1074 25 > ' 45% Finance 119 90 38% General (124% Jan! 39% 90 96 *93 96 101 Vs 26 ' 4,800 16,500 10% Preferred 9 13 Va 31% 377/a Electric Jan 38% 89Vs 7% 13 30% *100% General 61 39% 9,300 13 Vs 31% *93 89Vs 38% 13% 96 38% 38% 39 Va 38% 20 29% 10% 3 •14% Mar 19 *94 29 3774 94% Jan 15 96 : • 101 % 61 % Nov 18 6% Jun - 9,400 10'/a 11% Feb 23 90 ■ 29 Vs 37% conv General 48% Mar 24 28% *100% 4% 46 Vs Mar 24 1,100 29 10 Vs 92 Vs Dec «■ 6 17 37 Vs General 24% 97% 16% 38% _2 preferred 6% 263/a 97% 17 Vs 101 % 4% 4 25% 97 Va 26% 10 General Cigar Co 7% preferred 2 10% Nov Jan 2,600 26% *97 36'% Jan 35% Mar 25 2,500 *17 7% Bronze 19% Jan 8% 17% 26% 19% Cable 78 1,400 8% 48 *100% General 10 48% : 8% 100 General May 6 29% 8ep 16 *94 60 47% 8% Amer Transportation—2.50 Baking Co common :_5 Mar 25 16% Jun 104% 47% 4 97% 26% 90 50 preferred 14 70 104 Va 105 7,200 17 26% 97 93Va 5 Industries 22% Mar 17 15 •9,500 65% *97 26% 97 1 (The) 15 22 1,300 15 65% 10 % Co Container 39 Vs Dec 5 38% *89 No par convertible 104% Feb . 79 14% 65% *104% 5 preferred American May 1 Corp Wood 78% 15% 1 common (The) General Dec 124% Dec Co Gaylord 5 33 9 convertible 29 Vs Mar 24 , 79 9 Gar 80 143/, 65 105 l 27% Jan 20% Dec 16% May 25 115 Feb 7% Mar 12 79% V. 180 45% common Inc Apr 26% Dec 5,800 10% common (Robert) 18 34% Dec 21% 100 36 5% 21 Vs 45% (The) Inc 21% 1 Co Co Gamble-Skogmo Co 2,400 21% 10 Corp Trailer 8% Jan 5 ser preferred Co 9 Vs 101 _.i 19% Dec 22% Feb common 11,700 9 Va 29% Corp 40 Vs 39% 100 Vs 39 10 Light Co 800 9% ' 29Va No par 30 22 Va May 20 15i/b Corp—.i„ 3,700 40 Vs 64% 26 Sulphur Fruehauf 6 7% Mar 14% 63% *97 May 15 6% May 15 *15 i4j/4 64% 105 400 4% 24 Vs 100 Vs 783/4 14% 64 Froedtert Corp 27% Mar 24 70 • 15 64% preferred—100 preferred 100 Foster-Wheeler Corp 10 Francisco Sugar Co.— No par Franklin 78 i45/a 63% convertible Freeport ' 1 3%% 13 51% Mar 17 May 15 78% 21% 12.50 Machinery & Chem Corp—10 3%% 78% 21% 1 Power & $4.20 div 2 Jan 963/fc Jan 18 353/4 May 20 433/4 Jan 103 21% 45% 4 *24 Va Vs 9% 39 9% -—No par 5 9 x21% 9,100 '100% 39% 101 , common_No par (The) 99 6 9 8% 16 26 *100 9 5,300 13 Va 54% 45% 4 Vs 24 25% 12% *52 45% 4% 24% 48 Vs 92 Jun 39% 101 9 25% 13% 1,300 53 *50 55 45% : 4% 24% 8% 11 Jun 39% 101 " 45 4% *24 *47% 98% Dec 81 44% 24Vs 9% 26 Vs 13 *52 *104%" Steel 33 Vs Oct 13Va 54% 8% Co Fair 39% 25% 13 47% Power Florida 78 53 104Vs Stores 89 21% *50% 25% 8% Food Jan 20% 53Va . *52 4% 4% *24 8% 39Va 102 2,900 47Va Follansbee Sep 8% 78 25 13 Va 46Vs 383/4 10 24% *44% 101% 1,900 16% 104% 6 9 12% 4% 5 16% 16% 8% 3 313/4 Jun 24% 46 5 com__ $4 preferred Florence Stove Co 11 27 ' 52 55 100 Co— 16 Va 17 *51 % *50% *52 '24% 24 16% xl6% 17% 54 4% 5 16 Va 1774 16V« 17% 47% 173/4 Jan 243/4 July *44 2 16Va 16% 17% 8 31% Dec 17 50 13'A 18 16Va 52 24% 18 47 Flintkote Feb 12% 9% 18% 9% 18Va *104 100 24% Feb 23% 9% *18% 91/2 18 5 10 16% Aug 24 93 21 Vs Jun (The) 11 17% Nov 31,400 23V« 23 9% 183/„ 100 Mar 25 15 28 4,900 9% 23 9% No par 32 Sep Sep Sep 56'/4 Jan 22% 22% *18 Stores—! 18 25 Vs 12 Jan 29 98% Nov 26 X22% 23 *2'/4 Carpet Co- National 17 22% Feb 114 23% series 1953 Corp Firestone Tire & Rubber 4%% preferred—. 30 2 23% *52% Fidelity Phoenix Fire Ins N Y 31 16 274 Filtrol 6 233/a Jan 90% Jan *2% 50 Corp 24% Dec 95% Oct 27a A ser Mfg 3 29 *2% ___1 Tarrant 18 383/4 Oct B preferred-! & 16 10 27a Corp 14% Oct 31 2% Corp 13% Jun Dec *214 Federated Dept Stores common Felt July 30 75% Jan pfd 19% Apr 92% Jan 20 2% common series cum Federal-Mogul 2 18 Vs 5% 1 May - * 15 86% Jan No Corp preferred 1 Jan Co & Finance 4 29% Jan 7 13% Jun 101 % Aug 24 V. Sep 2 Oct 30 25 25 Va Jan 19 1 27 23 Dec *2% Fansteel Metallurgical Corp__Nopar Fedders-Quigan Corp common 1 9 9 27% May 21 48 Jan 5 105 Mar 2 14 July Mar 53% May 7% Apr 1 8% Nov 32% Mar 20 May 20 18 66% Mar 9 20 Dec 5,000 *50% 35 % Sep .47V4 5074 50 94 18 50 16 Va 19 9% May 17. 50 Vs 17% 25 27 Va Sep 497s 17% 22 Apr 49% 15% 40 74% Dec 49 1 48 107 48% 2.50 Corp 3,800 48% 1 10% Sep 900 12 74 Family 9 19,100 - 12% Falstaff Brewing Corp 26 1: 1274 00 127a 16% Mar 24 Sep 12 *12 74 00 n- 1274 19 Dec May 12% 9% 16% Jan Jan 874 1274 9 127a 18% 47 50 874 12% 12 Va 9% 106 34% Mar 13 8% 123/4 12% 18% 9 Shares 9 Va 12% 12'4 223/4 3 104 Morse 5% t- 8% xl2% 48 Vs par 14 Dec. 4 12% Fairbanks 19 3 Buffet 14 the Week Friday Dec. 3 48 Va Fairchiid Engine & Airplane Corp_l Fajardo Sugar CO——: 20 Jan Sales for Thursday 1214 10% Mar 25 2 2 Exchange 8 PRICES 2 c. 1 28% Mar 25 Jan SALE Wednesday __3 22% May 11 Dec 38% Apr 83% Nov Inc 9 10 Jan 7 13% 14 U Va Dec 25% Nov 68% Mar 8% 1314 15 21 100 5 5 Sep 76% July 21 26% Nov' 3 Apr 28 24% Dec 16 Corp Co HIGH Dec. 1 6% Sep 17% Nov 6% Dec 1 56 37% Feb 21 Williams Products Tuesday Nov. 30 Par Ex-Cello Corp 1% Dec • Monday EXCHANGE 11 Continued—Page 5 LOW AND 33 134 134 134 75 *72 75 *72 75 134 *72 16'% 134 74 30,800 400 200 75 33 Vs 32% 33 32% 32% 32% 32 7 4 6,600 20% 20 % *20'/s 21 20% 20% 20 7 a 2074 207a 2174 1,400 3 1 13% 13% 13% 14 1374 14 137a 14 14 14 74 23,700 100 91% 91% *91% 92 % 91% 91% *90 91'% 80 * 95% Jan 7 4Vs% preferred-— _! : *90 91% 19 and Financial Chronicle The Commercial 20 Monday, December 7, 1953 ... (2212) • NEW YORK STOCK RECORD LOW STOCKS Range for Previous Highest Lowest 25 23% Apr 13% Mar 21 7 Dec 10 Feb 20 33% Dec 63 Feb 27 77 46% Oct 8 % Jan 9 14 38% Jan 5 Jan 5 Sep 77 22 21% 21% 21% i 4% 5 4% 4% 29'A pref erred $5 Gulf Oil issued" "When 97% Jan 3 98% Jan 2 Dec 16 105 106% May 20 16 97 July Dec 45 *44% 45% *44% *44% 45'A 45 26% 26% 26 26% 34,900 45 44% 45 % *44'A 5,800 27 VB 27 27% 500 72% *72 45% 27% Nov 25 Common No par 26% 27'A 25% 103% Jan 16 $4.20 dividend preferred, 24 Jun 105 72 44% 1 July 92 70% 45'A 29% 22 Jun 90 71% 44% Utilities Co- Gulf States 20 7 May 103 "44% 29% *70% 44% 4,900 29% 29% 30»A 30 71% 30 29% 45 2,300 5 4% *70% 29% 71% 44% - *5 7.100 21% 21% 21% 44% 71% No par 25 Corp 4% 5 Shares Dec. 4 Dec. 3 21% the Week Friday Thursday 21% 4% _ Sales for SALE PRICES Dec. 2 21% Corp,— Guantanamo Sugar 50% Mar 27 14 41% Sep 25 58% Jan 16 16 66% Sep 21 Dec. J Par Gulf Mobile & Ohio RR com.No par 29 27 23 Nov 28 Tuesday Nov. 30 HIGH Wednesday 1 Grumman Aircraft 28 % Jan 4% Oct Monday STOCK YORK EXCHANGE 19% July 28 31% July 15 25 NEW Range Since Jan. I Lowest Highest Year 1952 AND 105% Jan 8 $4.40 dividend preferred 100 .100 104% 105 105 8 $4.44 dividend preferred 100 98v 104% 103% 104% Jan *97 104% *101% 103% 103% 103% 103% 34% *34 »A 34% 34% *34% 34% 29% 29% 29% 29% 29% 29'A 29 % 3,900 17 17% 17% 17% 17'A 17% 2,100 12% 12% *12% 12% 64% 64% 64 "A 64% 13'A 12% 13 *102% 103 10 26 1,900 2 105 15 15 30 98 »A *97 98% *97 98'A *97 98 *97 *104% 105'A *104% 105% 40 103% 103% *103 103'A 450 H 32 % Sep 33% Dec 24 30% Mar. 26 23% Sep 15% May 26 16 3 17% Jan 11% Aug 27 18% July 16 11% May 29 Nov 14 Jan Xl4 81 Feb 19 64% Nov 23 71 Nov 17% Sep 9 12% Sep 15 Jun 18 34 % Aug 5 21 107 23 26% Oct 23 139% Oct 2 142 23 26 Jan 100 Sep 15 July 9 131 22% Sep 29 6% Jan 4 4% Sep Oct 30 36% Mar l 32% Nov July 29 12% July 9% May 20 6% Apr 15 11% Jan 1 26 5 7 % Sep 30 17 'A Oct 15 2 22% Dec 4 18 90 7 78 % Jun 15 29% May 12 34 7% Jan 16 1 Sep 23 May 3 Nov 31 Jun May 20 24% Dec 2 91 Apr 22 Dec 38% Sep 35% Jun 25 100 3 21% Mar 31 Nov 5 20 3%% 21 5 Sep 15 17 126% Jan 2 9 29 31 x78% Mar 21 126% Dec 22 37% May 21 51% Jan 9 42 % Feb 7 37% Sep 53% Oct 15 48% Jun 21% Oct 22 26% Jan 7 23% Sep 14 29 14% Oct 31 24% Jan 7 12 VB 11 18% Feb 2 Hoyden 7 91 $4% 70 21 May 12 9% Dec 17 19% Oct 4 2 39 44% Oct 23 9 12% Oct 14% 24 Dauch 32% Mar 41% Jan 21 35% Jan 49 30 19 55 Sep 22 7 90 Jun 16 7 17 Mar 25 8 36 % Jan 30 42 18 Aug 57% Feb 24 July 20 9 93 % Feb 99% Jan preferred 22 Jun 22 2 8'A Dec 14 54 Sep 15 79 28 15% Dec 3 Jan 28 12 17 16 4 17% Dec 21 16 7 59% Feb 21 July 14 Jan 2 19% Jan 8 Hunt 5% Mar 19 2% Sep 14 6 Hudson Mar 11 17 24 Jan 19 19 30% 30% 9'A 11% 9% 9% 11% 11% 5% *5% 5% 200 14% 14% 14% 14 % 14% 14% 3,000 26% 26% *26 Vb 26'A 26 % 26 % 26'A 26'A 1,100 34 34% 34 J/B 34'A 34 34'A 34'A 35 6,600 49 49 % 49 51 50% 51 49% 50 >A 2,300 59 »A • 49 58% 5% 60 60% 61 61% 61% 60 60% 1,600 *94% 95% *5% 13% 13% 13% '100'A 13% 13% 33'A 33 'A 400 48% 48'A 48% 48% 48% 1.400 88 86 87 87% 140 *94 95 *100% 101 % 27% 27% 27% 28 28 68% 68'A 68% 68% 69 % 68% 69 VB 16 15% 15% 15% 15% *15% 15% 200 13% 12% 13% 13 13% 12 % 13>A 18,900 3% 3% 3% 2,500 12% 3'A 13 12% *3% 11% ll'A 11% 15'A 15 15 11% 11 *15 ll'A 15 14% 2 % 2% 18% 18% 19 19 400 4,400 14% 11% 2% 7% 42% 43 15 2% 7'A 7% 42% 11% - *42% 2% No par *19% 19% *18% 20 Apr 17 Dec 19 101 % Sep 18 113% Jan 28 x35% Apr 7 42% Dec 10 35 VB Jun 16 42% Dec 4 45% Feb 23 50 % Apr 17 x47% Jan 8 95 109 53 May 5 50 Jan 5 4.08% 46% 77 46% 46% 46 % 4 6'A 46% 46% 78% 78 78% 77% 78'A 77% *106% 41 % *4714 *48% 52% *49% 107% 107'A 107'A 41% 41 JA 41 "A Sep 2 52 Jan 7 4.26% 54'A Mar 11 4,70% 52 Oct 21 18 8% Jan 4 7% Jan 27 11'A Apr 1 41% Dec 17 34% Jun 19 4% Oct 8% Jan 30 4% Aug 19 6'A Mar 16 38% Sep 56% Jan 12 64% Aug 5 20 96% Dec 29 84 Sep 1 101 28 164% Nov 25 151 Apr 7 Jan Inspiration Cons Copper 24 Insiiransharcs 23'A Jan 3 21 % Sep 15 26% Nov 10 Aug 13 13% Sep 15 92% Jan 14 86 88% May 19 96 July 14 15% Jun 18 Nov 24 246% Dec 29 36% Jan 23 24% Sep 14 23 148 % Jun 23 Apr 22 29% Oct 22 16% Mar . 2 4 172 Apr 23% Dec 1 14 31% Apr 17 41% Jan 88% Jan 25 94 2 Dec May 15 3% May 19 6 224 21 % Jun Sep 27% Sep 10 15 1 Sep 15 1% Oct 7 27 80 1 48% Jan 21 36 % Nov 130% Jan 4 137'% Aug 4 128% Sep 9% Oct 27 14% Jan 3 40% May 9 % Sep 19 'A Mar 11 254 % Mar 17 Jan 5 166 'A Jan 7 33 26%) Mar 24 39 'A Jan; 2 90 1 97% Jan 3 5 % Jan 55% Dec 105 Apr Business Harvester 59% Nov 16 18 53% Dec 1 93 % Jan 18 103% Nov 10 10% Mar 17 89 15% 239% —No'par Machines,. 27% 15714 25 No par common preferred, 100 Int'l Ilydro-Electric Sys class A 25 Minerals Int & Int'l 47% Jun 24% 7% 5 16 22 Int'l 47% Jan 12% Mar 18 common No par Int'l International 132% Mar 11 5 100 Corp Iron 2 15 . Inc preferred 8 26 6 % Oct 4%% Interlakc Jan 15 16 Cfl's Intcrcliemical 2% Jan 51 % Nov 42% May No par 25 15% Nov l -1 No par 100 Co 29% Feb 9 160'A Jan Steel 48 15 29 14% Dec 186 *15% Inland 5 15 18% Sep 19 29 % Jan A : 13% July 17 51% Jan 1 4 16 1 Rayon 35% Sep 22 18% May 20 Do Mex, S — 11% Ja n RR Co Ingcrsoll-Rund common 6% preferred— 21% May 41 % Oct 8% 40 4% 42 *94% *158 41% 24% Industrial 28 23 Feb 5 Terminal Induslria Eleelricu 7 Jan Oct 81 23 13 161'A Jan 52 155% Jan cum —50 50 ,-50 50 Indianapolis Power A. Light—No par Illinois 40% Mar 16 30 6% Sep ; — cum 4.42% loo No par common preferred—,— preferred preferred preferred,,,,. cum 18 common,lot) pfd ser A conv cum 46 Co RR Co Power 44 6 48% May 19 33% May noncum Illinois 49% Jun May 21 55% Oct 52% Aug 21 6% Central 4% Chemical Nickel Canada of 18% 300 Int'l 53% 12% Oct 9 68 Oct 9 46 Oct 15 64 May 29 45 May 29 57 Jan 14 41 Jun 29 55 Jan 7 International Sail. No par 36% May 16 40 Aug 15 38% Jan 7 40% Feb 3 International Shoe 7% 47% 4314 39% No liar 2 40 Nov 18 33% Dec 18 36% July 24 32 Dec 4 15 2o 20% Dec 4 8 47 Oct Feb 22 61% Feb 54 Jan 26 35 Jan 19 20'A Jan 13% Sep 6 Rys of Cent Aincr com__Nopar 5% preferred— 7% 100 Teiep & Tcleg_No 30% Sep 3 24 Jan 2 30% May 19 35 4 28 % Oct 33% Jan 22 32% July 2 10% Sep 30 24 % Oct 30% Mar 18 Interstate Dept Stores 14 Interstate Nov 13 8% Jan 2 25% Oct Sen Jun 30 9% Sep 29% Jan 41% May 21 11 Jan International $1.40 Utilities cum Corp pfd conv Power Co Feb 29 8 28% Dec 31 27 Jun 31% Mar 16 Interlype Corp Iowa-Illinois Gas <fc Elee 17 25 % Ja n 30 22 % Jun 26% Mar 16 Iowa 12 39% Feb 5 16 Oct 28 30 % Jan 6 Island 126% Oct 22 141% Jan 13 111 Nov 4 Feb 11 3% Oct 20 5% Jan 19 19% Jan 2 16 36 130 $6 Power Ac Creek 10% 51'A *48% 51% *48'A 51% *52'/a 53 *52% 53 *49% 51'A 51% *49'A 51 % *49'A 51'A *50% 51 *52% 53 8% 8% 8% 8% 8% 8% 40'A 40% 40% 40% 40% 40'A *4'A 4% *4% 4% 4 % 4% 3% 40 4% preferred 95% 42 *160 Vb - 42% 42% 42% 165 41% 42 »A 96 95'A *160 98% 97 *160 165 41% 43% 100 167 42 'A 22% 22'A 22 % 22% 22% 22 VB *15% 15% 15% 15% *15% 15% *15% 25 'A 25 % 25 % 25% 90 89 lA 89 % 15% 14% 15 90 *89 89 15 243 242 240 239% *89 15% 15 15% 25 245 244 28 1,500 100 42 x22 % 25 900 3,100 *160 42% 15% 24% 4% 165 24% 24% 900 40 »A 43'A 4-% 43 100 41% 42 Vb 40'A. 100 1,900 8'A 14% 246% 6,600 200 16 4,100 60 3,500 14% 2,000 247 '.246 28% 22% 25% 89'A 89 A 11.400 7 28 35,900 28'A 27% 27'A 28 27% 2 8'A 158% 157% 158 *157% 158% 157% 157% ,T58 % 158'A 25 % 25 % 25% 25 >A 25'A 3.100 31% 31% 31 VB 31% 9,200 81% 83 'A *81% 83'A 25 25 25% 31'A 31 31% 82% 30 % 31% 25 82% 82% ' 83 *82 % 1% r 36% 2% *2 37 36% 131 36% 36% 36% 2 130 2 36% 130 100 2 1.700 36% 37 22,200 130% 131 *1% 310 131 *130 10 10 10 % 10 10% 10 10% 14,300 53% 53% 53% 53% 53% 53% 54 18,000 9% 53% 54 2 280 131 500 53% 53% 53% 53% 53% 53% 53% 53% *101% 54 101% 102'A *101% 102% 101% 101% 100% 100'/2 300 7 7 6% 7% 1,600 7% 7 7 48 47% 47% 42 42 *42% 39'A 43 % 39% 7 47% 7 % 48% 39% 3 9'A 39'A 41 40% 41% 32'A *40'A 41 32% 32'A 32'A 14% 14% 43 *31% 14% . 14% 15 1,370 4 7'A 47% 47 48 42% 43 42 42'A 3 9'A 39 % 39 »A 39'A 1,400 *40% 41% 40'A 40% 1,100 *31% 32 % 32 32 14% 15% 15»A 15'A 900 400 53,300 1,500 10 50c 1 29 Vb 29 '/a 29% 29% 30 30% *30 % 30'A 30'A 30% *30 % 30% 30% 30% 26 % *26% 26% *26'A 26% *26'A 26% 26% 26 % 100 10% xlO'A 10% 10% 10'A 10 'A 10% 10% 10% 15,900 31% *30 *A 31 31'/B 31'A 30% 31% *30% 31'A 400 17% *115 No par common 42 41% 42% 95% 165 8% *30% 29% 24% 5 25 Co.No par Light Co Coal 1 32% 14% 28% 30 *26% par — 22% Apr 26% Nov 25 % May 40% 3.50 common preferred International 26 24% Jan 25 25 Silver International *48'A 10% 43% May 28 21 *47% 51'A 130'A *53'A 101% 48 48 9% 7.50 *47% . 53 36% 130% common 48 48 *47 % 15 issued" 100 6,500 42% 42 *52 —100 preferred $4 41% 41% *47'A 41% 41 *43% com—No par No par Paper "when Common 6,800 48 1% Limited 1,500 77 109 46'A 78 % 109 52% 1% ; Packers 46% 76% *106'A 46 % *106% 109 300 14,500 18% 19 2% 51 1 Preferred International *82 100 Mining Corp—,, International 30% 5 com preferred—, *106'A 10,800 2% 2% I Co 3,100 42% 7% 7% 43% *7 7'A *6% 3% *3'A 3% 3% 3lA 2% Illinois 20,100 27% 67% 15% 30 102'A 27% 11% 88 'A Jon 10 94 94 *100'A *15'A 2% 23 95 101% 16 *15% 88% Dec *86 68 J Power 690 1,300 13% 33% 12.50 8 108 13% 6.00% 54% Jan 108% 108'A *32% Motor Car Idulio 95% *94% 33% 46 102 % *5'A 13% *33 46 *100% 101% 27% 108% 108. 108 33 33 *45% 46 95% *94% 108 % 95% 109^ *94% 5% 67% 100 common Corp Hussman Refrigerator Co 48'A Mar 25 600 7,300 12 14% 44 40% May 25 65 % Sep 11 1 9 9 11% 900 i 5% 43 31 31 'A 14% 7% 46% Dec 19'A 11% 43% 29 500 19% *15% ,_l preferred Inc 230 7,200 25 Co— Foods 15,800 28 'A No par (Del) Corp Manhattan & *100% 27'A 700 16% 72 85'A 9% ll'A 9 9 Hudson 5 26 *30% 30% 7% Apr 36 18% 30% 41 11% 18% Sep 15 19% 29% —100 28 25% ] Texas & nouciim 24% Nov May 53 25% 18% Buy Min & Sin Ltd—No par 5"/» 2 1 18 46 25% 25% Hudson 14% Mar 11 68 68 *51% 29% 95% 108% 13% 13% 33% 33% No par 3 Hupp 13 % 16 4% Dec 8 18 Oct Oil Stores Sound Howe 7 9% Sep 3 19 Dec 53 *94 14 8 *51% *87 3 % Nov 4 53 88 36 % Oct 66% July 31 16% Jun 21 % Jan '800 95 9% Sep 25% Aug 6 5% Aug 11 9% Apr 52% Apr 12% Feb May 17% Jan 40 40% *87 Howard 11 Apr 19 % July 122 'A 40 'A *94 Houston Dec 85 *121'A 40 % 88'A 1 26 68:% 122'A *39% 95 7 19 30 68 % *121% 19% 11% 3,700 68'A 40'A *94 4 18'A Apr *51'A 2,400 122% x68% *121'A 40'A 69 22 *40 69'A 122'A ,40 % *87 13 58% Oct 14% 100 100 103% Jan 23 37% 14'A 100 19 Dec *36 JA 14 V4 2,000 22'A 37% 14'A 3%% Jun 103 22'A *36% 14% 4% 96 91 22% 37% 13% *121'A *94% 108% SO 23 80% Jun Mar 25 3% May 15 57% Co 103% Dec May 16 Jan Electrochemical preferred preferred— 4.40% preferred Houston Light & Power 96 102 13 com—,5 12.50 $2.25 conv preferred 5 3 11 3 No par Mining Household Finance common—No par 3 July 17 Nov Jan 28 5% 14% *26% 34% 48% $4.20 div 2nd pfd ser B Houdaille-IIershcy common 116% Mar 19 15 32% July 1 94 18% Nov 5 ,__No par Homestake $4.25 12 10 30 Honolulu Oil Corp Hooker 30 9% 5 preferred, conv 41% Mar 10 Sep 1 ; Co,, 57 88 16% Nov —10 Paper Co & Sons (A) 71 83 19% ___5 (Charles E) Furnace 5 12 22 *36'A 85'A 6 Nov"19 X22 14 85% 10 4 190 22% 14 40% 53 94 37% 22% 90 1,600 92 "A * 94 85% Oct Feb *92% 85 26% Jun 102 92% 33 84% 33% Oct 2 92% 33 84% 47 64% Jan 94 *37 37% 14% 69% 121% 2,500 33 % 84 100 (conv)—No par 2nd pfd Hotels Corp & 5% 33% 16% Hollander 2 33% *71'A Holly Sugar Corp common Aug 13 33% 16% 7 102% May 68% 121% *40 *52 33% *92'A 95 22% 5,600 85'A 71 % 103 % Oct 66% Dec 50% Sep 30 94% Jan 2 No par preferred series A Holland 6 28% Jan *14 Inc, 2 Apr 69% Feb *37 17%1 23 VB *84 16% Hinde 33% Jan x26% Jan 22% ,25 *33 33% 17% 22% 17% 23% 85% 71% Hires Co Mar 33'A 93% *84 85 85 85 22% *84 85% 17% 12% Mar 11 7% Jan 85 No par cum Hilton 17% Mar 23 17% 17% 23% 71 % 31% July 17 22 17% 22% 8.400 16% 5 11 17% 23% 80 400 5% 5% 71'A 16 27 17% 2 3'A 5% 25 Vb 8% Sep 26 5% 71% 22'A Jan Sep 5% 13 71 21 Oct 17% 23% 400 33'A *12% 12 % *51% 27 5% Oct 17% 23% .10 — preferred *5% *32'A 13 5% 5% 5 common, 5% 33% * 13 15 Co 5% *32'A 33 *12% 5% 5% 1,100 5% *5>A 33 24 17'A 19% Nov 14 13 24 25 6 11 5% 32'% 13 24 53 15% Jan 1 29% Mar 21 *5'A 32% 32% 13% 5% 10 24 23% 16% 5 4 5% 32% 13 5% 135 25 2 18 ,1 50 ,1 2 23% 23% 23% *25'A *134 17% 71% 84 19% 30 9% 12% 5% 14% 26% 35 ' Feb 20% Apr 29 W) 133 23% 5% 23% 25% 210 135 25 19 14 22% Apr 11% Jan 27 Glass 133 10 Marx 25% 103 300 1,700 *134 135 *134 135 *133 25% *25 25% 24% 25 *102% 103 17 72% Sep Sep 30 25 *102% 102% 25 62 Oct 7 16 pfd__No par com,,—,15 13% 13 13 'A 13 102% *13 5 14 22% Nov 18 64% preferred series A—,50 26 16% Mar 64% Chemical Corp common,,,1 4%% Jan Aug 64 >A 100 Hewitt-Robins 11% Mar 31 26 14% Jon 14 Mar 27 107% Jan 24 64% preferred, 100 Hershey Chocolate eommon__No par 3 53% Apr 65% 13 103 5% 73 % Jan 74 Apr 82% Dec 4 *64% 12% *102% Hercules Powder common 6 % Feb 44 100 2.50 *34 12% Motors 3%% Sep 15 $4.25 Refrac non-cum Hercules 10 12% —100 Co common, ,25 preferred ,——100 (G 7% Oct 60 % 12% preferred Hclme 66% Qct 113 *12% (II J) 120% Feb 5 12% common—— 3.65% Jan Jun Co Heinz 38% Mar 13 20% Apr 74% Jan 13% Dec Hayes Hazel-Atlas 97 2 26 *12% America common of Hecht 22 No par coin Co__ & : 17% 17% preferred— Inclustires Inc__. Mfg Corp 9 26% Feb 4 30 34% Apr Hayes 2 34'A Jan 22 21% Apr Corp 4%% 8 Mar 87 Co Sclialfner 29% Jan 21 93% Mar Hal. May 20 Jan 8% Mar 12 14 Jan 32% Jan 19'A Jun 28% May A) 29% 17% preferred Hart 14% Mar 20 2 Paper *34 34% 29% 17% preferred—. (M 6% Co 29% 5 Printing Co Watch *34 Cementing—5 Well Harbison-Walk Feb 145 F) conv Hanna Feb 25 Water Oil Ilammermill 26% Aug 13 25 17 47o 36 5% Oct 21% Oct 31 (W Hamilton 23 105% Feb 8 Jun 22 % 15 14 80 Hall 16% Jan 19 102% Jan 33 Halliburton Jan May 26 63 Haoken.sack 18% Mar 13 2 Jan 5 17 36% Mar 2 8'A 29% 29% 29% 900 29% 29 'A 29% 29 % 29% 29 % 30 29% 29% 4,500 24% 24% 24% 24% 24% 24% 24% *24% 24% 4,200 17% 17>A 17% 17'A 17 % 17% 17% 17% 17% 3,800 *115 117 *115 117 117 *115 117 116 '115 J 26% Aug 15 3 Sep 15 17% Oct 14 17% Aug 31 81% Jan 2 90 15 100 Jun 3 82 Feb Jacobs Jaeger 25% Mar 9 July 34 96 4 May 12 5% Mar 25 7 89 Fob 26 Apr 23 43 Nov 6 (F Jefferson May 78% Jun 9 88% Jun Jan 16 19 9 57% Aug 31 74% Jan 2 Johns 53% Oct 30 71% Jan 7 50% Feb 65% Dec 4 Johnson 20 % Oct 22 25% Jan 21 19 Sep 14 24'A Jan 5 Jones 82 16 90% Apr 38% Feb 2 18 82 Sep 18 86 Dec 3 5% Oct 31% Oct 30 9 101 Lake Tea 62% Feb 19 Co 5 1 21% 20% 86% No par Co 1 Cent Pwr & I.t 4% pfd—100 Jersey Jewel I.) Machine Co., 3%% Co Sulphur Inc common preferred Manville & & No par ,12% Laughltn Sleel 29% Sep 14 39% Mar 17 Joy Manufacturing Co 30% Mar 12 Kaiser'Alum 64 20% 20% 86% 8 6'A 86 >A 86'A 86% *86'A 40% 38% Jan 3 22 Vb Nov 4 42% Dec 16 49% Feb 13 41V8 Nov 30 x8 26 19% Dec 10 2% Oct 15 Dec For footnotes w naep 26 Feb 5 8% Jan 2 49 5% cum & Corp 1 preferred iconv) Kalamazoo Stove & Furnace 5% *21% 14,500 5% 100 22 1.400 20% 20% 20% 87 86% 86% 120 1.900 42 42% *41% 42% 99% 99% 99'A 99 % 50 64'A 14,500 65% 2.300 18,100 62 Va 62% 62% 63% 63 % 64% 64 65 65% 65 »A 65% 65% *64% 65% 64 3 21% 21% 4 21% x21 21 Va 21 VB 2.1 % 21 21% 85% X84% 84 »A *84'A 85% 85% 86 85% 85% 320 32% 32 % 32% 32% 32'A 1,700 24 25 24% 25 24% 25 % 10,300 42 42 42 Vb 42% 42% 42% 3,500 —*3% 3'A 3% 3% 200 33% 33% 32% 23% 24 23% ' 24 50 41% 41% 41% 41% 10 *3% ~3 —*3>B 3% 32% - ")l ■.r, «.;3 l •.jit, Cliem 101 *99% 5% 22 62% ■!. 17 41% 40'A 41 Vb 101 *100 K 24% Nov 5% *21% 20% *100 61% . 5% 22 *21% 20% 40% 21% 85% *33% 10 100 5 5 22 20% 101% l com preferred series A 4% *21 JA 21 40% 1 100 Corp Johnson 5'A 21% )) '; 3% 3 % J Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2213) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1952 Lowest 26% Jan ,5 87V2Jan v Range Since Jan. Highest 2 Lowest 30% Dec 10 1 NEW Jan 3 10 95% Jan 13 92 Sep 11 100% Mar 98 % Jun 18 14 16 4 17 27 21 19 10 July 1 13% Sep 15 14 V* Dec 4 20 28 68% Oct 29 20% May 40 92% Jan 71 1 Mar 5 1 26 July 9, 22% Aug Apr 30 110 May 19% Sep 13% Dec 22 40% Feb Dec 106 2 9% Feb 32 % Dec Jun 102% May 21 15 16% Jan 16 85 36% Sep 32'% Jun 95 103 '/a Mar 12 26 Va Jun 3 96 18% Jan 2 25 8 80 Oct Apr Oct 25 8 Kern 24% Feb 3 49 Jan 6 9 Oct 22'% Sep 24 3 28 Mar 17 Jan 22 78% Jan 8 21 28'A Sep 83 % Sep 14 41% Jan 5 25 93% Jan 5 4 Kinney P) 35% Jan 5 12 57% P->l> 5 Kress 45 Nov 4 9% Dec 2 9% Dec 23 Jun 9 19 4% Nov 9 Jan 21 19% Jan 2 16% Dec 12 14% Sep 14 50 7% Jan 24 Dec 8 > • 18% Sep 14 24 % Mar 17 47 20% Apr 21 64 26% Dec 8 88 21% Nov 23 92 % 1 86 Jan May Oct Sep 7 56 Mar 12 29% Feb Ju,y 14 Lee 3 Lees 95 8% May Feb 18 9% Dec 22 7% Oct 23 11 % Jan 23 30% Nov 26 25% Jun 10 34 Feb 21% Dec 16 1 % Dec 14% Sep 18 22% Jan 20 2% Jan 4 % Jan 7 17% Jan 29 5% Feb 23 % Nov 30 6% Nov 1 4 2 % Dec Nov 14 Jan 18 16% Mar 28 Nov 17 25 Jan 7 X33% Feb 27 16% Sep 42% Dec 23 33% Sep % Jan 7 10 7% May 1 35% Oct 28 61% Jun 4 160% Jan 2 49 May 43 Jan 9 30% 100 107 Dec 24 106% Nov 21 33% 47 Vb 47% 47% 47% 1,800 43% 44 43 43% 4,800 Jun May 25 % Dec 20 20 18 158% May 24 41 % Dec 23 67% Dec 110 Jan 1 14% 15 15 15 15 15 *14% 15 14% 15 900 *48% 50 * 50 22 % 22% 22% *22% 22% 22% 22% 22% 86 % 88 *86% 100 8% 8% 8% 8% 8% 27% 27% 27% 27% 27% 16% 15% 16 15% 15% 15% 15%. 15% 15% 6,900 __1 % 13 % % % % % % % 3,200 9 7% 7 % 7 2% 2% *2% 2V2 *1% 2% 2% 2 Vb 400 34% 34% 34% 34 % 2% 34% '*2 34% 35 35% 34% 35 Vb 8,100 5 15% 15% 15% 15% 15% 15% 15% 16 15% 15% 1,600 7% 2,200 17V2 17% 17% 17% 17% 17 17'A" 17 17 Vb 6,000 40% 40 40% 41 41% 41% 41% 41 vb 42% 9,500 9% 9 9% 9 9 % 9 38 38 38 38 38 38 *37 % com—25 69 69% 67% 69% 67 68 67% 100 *164 164 164 167 *164 167 9 9VB 9 9% 5,100 38 38% 38% 400 69% 68 % 68% 17,800 163% 163 % 166 *163 - 50 76 76% 77 77% 74% 77 76 76% 76 76 4,800 38% 39% 38% 39% 39 3 4 39% 39% 40% 40% 7,800 2.50 23% 23% 23% 23% 23% 23% 23% 23% 23% 41>A 23% 3,700 No par 30% 31% 30% 31% 30% 31% 31 31'A 30% 31 Vb 10,500 18% 18% 18% 18% 18% 18% 18% 18% 18 18 y4 67% *67 No par *67 *67 68'A *66% 67% *66% 67 y2 1 28% 29% X26% 27% 26% 27% No par 12% 13 12% 13 3,900 67% 26% 27 26% 27 30,100 12% 12% 12% 12% 12% 12% 36,400 10 30 30% 29% 30% 30 30% 30% 30% 30'/B 30% 6,300 10 23% 23% 23% 23% 23% 24 >/8 23% 24 23% 24 100 107% 107 % 107 % *107'A 108 107% Long Bell Lumber (Mil) A No par Long Island Lighting Co com 10 22% 4.75 preferred eonv pfd series A B preferred preferred series C_ 5.25% Lorillard 8 30% Apr 6 92 Lovvenstehi (M) 9 4%% 22 Lukens Steel Co Wood 108 108 9,300 107% 500 23% 2,900 17'A 13,200 23 17Ve 23 23 % 2 3'A 24'A 23% 24 17'% 17'A 17 % 17'A 17% 17% 106 % *106 107% 107 % 107 % *107 108 *107 108 *103% 105 *103% 105 % * 103% 105% * 105 103 % 105% 107 26% *105% 107 *106 107 V2 *106% 107% *103'A 105 % 25% 26 25% *23 17VB 26% 257o 30 26% 10 25% 25% 25% 159% 160 159'% 159% 40 60% 40 40 % 40 % 40% 40% 40 % 41 41 41 3,100 61 % 60% 61 61 61'A 61'A 61% 60% 61'A 4,000 31% 32 32% 2,000 50 preferred series A *97 -100 42% 10 Co *160 32 32 99 32% Sons Ine com—1 & 108 100 (Ky).Nopar — El Nashville-— & 106% *103% *105% 100 100 Co common (P) preferred, 7% 17 .100 series 7 25 7 17 % —5 Co Louisville 15% Jan 7 7% 40% 10 __7 Aircraft Corp 67% Jan 14 7% ' —No par * 15 10 7Vb 7% Corp 5% 45% Jan 6,800 common 14 May 25 % 8,500 _1 new Co.— 5.25% 35 % 88 8% 27 V2 No par I.oew's Ino 105% Nov 97% Nov 800 8% (The). Corp 106% Jan May 25 36% Sep 15 *86% 700 1,000 . S Sep 30 20 VB 22% 27% Bell, Co 55 Jan 50 50 8% Corp Louisville Gas & 33% Aug 20 27% Libby & 41% Jan 50 88 48 % 500 9% 27% Products 160 % Dec 8 *86% 88 * 48 4% 27% 15% 10 25 1st preferred—No par 2nd pfd No par (The) *86% 88 48 % * 22 % 10 16 6,400 2,400 *49 % 18 91% Jan 9% 22 4% 49% Jun 30 9% 22 Tulip Cup Corp.—'. 6 30% Aug 9% 4% Lily 13 5 9% 9% 20% 34"% Jun 37% Oct 99% July 24% Jan 147 12 9% 9% 49% 5 97 9% 9% 20% Aug 101% Jun 5 9% 20% 110 101 4,000 33 Vb 43 % 49'A 15 10% Mar 25 33% 33 % 47% 43 22% Cement 10 33 33 V8 47% % Gas 15% J-n 33% 33% *20% Star 2 370 *48'% Star 17% Dec 84'A 50 Lone 35 % Mar 26 84 % 49% Lone 14 84% 20% 15 21% Oct 84% 48% ftpr 7 85 % 20% 34 % Mar 19 43% Feb 84 *48% 26 5 85 Vb 20% 16 2 85% 49% 15 14% Jan 11,200 49% Sep x27% Nov 31% 48 V4 13 14% Mar 25 31% 43 27 18 32% 33% Feb 10% Sep 31% 48 74 26 32% 4% Link Lockheed 31% 42 % 29% Nov 17 23 31% 48 % Lion /iui 140 31 43 No par Liquid Carbonic Corp com 3%% convertible preferred—100 Jun 300 31% 42% 4 % 500 85 % *85 33 Vb 3 ^ 25 48% Feb 64 *2^% 20% 103% Jun 24% Feb 79 25 Vb 25 50 23 % J uii 52% Feb 33 79 21 % 28 9 33 79%' 38% Mar 31% Nov 3 33 79 14 30 Jan *31% 80 15 23% Jan Jan 25 33 *79% 15% Sep 4 33 *24% *31% 80 28% Sep 18% Jan 20% Aug 25 31% 26 15 400 3,200 25 21% Dec 28 21 Vb 48% 107 31% 47% Mar 16 18% Apr 48'A *104 25 preferred.- Oil 21 Vb 48 107 & Sons Co common—3 Savers Lionel 25 21% 48 22 % Liggett & Myers Tobacco 27% Mar 2 7 *21 *104 48% 107 *79'A 35% Sep 24 19% Fen 9 2 21% 47% *104 34 58% Jun Jan *21 47% 80 11 46% Mar 17 21 % 107 *32% 25 22 47 % *104 4% 6 1 21% 48% 22% rtug 77% Dec 21% 107 8,300 *4% 82 9 47% *48% McNeill 7% 21% *104 *79% Dec 11% Oct 143 35,900 48% Jun 75% Apr 14 24% July 1 2 19,000 44'A Libbey-Owens-Ford Glass Co 6 26 Jan 16% 65% 41% 22% Life 171 % Nov 1 July 14 16% 65 Vb 42% 4% 4 5 14 101 16% 66 22% 38% Dec Jun 30 102 16% 65% 41% 4% Lerner Stores Corp 155 74 17% 41% 1 Corp Fink 700 22% 4 30 9,200 4% 13 173% Apr 2,700 14% 22% 10% Apr 2 19% 13% 4% 22% Mar 17 Dec 35% 19'A 13% 21% 42 % Fell 34% Jun 35% 19% 5 noncum Libby 35% 19 Vb 65% Tire $3 noncum & 35 % *13% 16% 4 11 67 13% No par 14 15 19'A 13% pfd_75 Pesos Mex Lelin 29 36 19 13% 38'A 39% — 18% Mar 27 Dec 1 16% Oct 60c Lehman Jan 15 Xl2% Apr 33% Nov 6 76 35% 19 38 64% — Valley Rlt Lehigh Vulley Coal common 12 38 8 36 Vb 39% .10 Lehigh 22 13 *35 % 36 Vb 40 4,300 38 17% Lehigh Portland Cement. Nov Feb 39 Vb 40'A 3.85% preferred—;— Lehigh Coal & Navigation Co % Jan 40 105% 65 Vb Co (James) 4 2 13% Dec 21 38% *104% 16% preferred 14% Jan 17 39 105% 1 (The) Rubber & 36 4 34 Mar 24 38'A 39 *104% 39 Co Co 4%% 9 14 3% Dec Gas Lane-Wells Jan 21% May Nov Laclede 105% 64% Lane Bryant common 48 *104% 16% 1 Kroger Co (The) J 8 % Mar 12 May 104% 104'A ..No par Lambert 25% July 16 72% Jan 30 20% Jan 104 % 9,300 _No par 25% Aug 20 18 99 % 66% _ & Co l.a CoiiMilitluda 6% »••• i i *98 *98 40 16% 100 $5 (S 11) 1 common. 28 8 99% *97 99 No par _ Co Dec Jan Nov Corp (G Vb Nov 11% Mar 66 King-Seeley 95 37 % Apr 5 % Dec 99% 32'A 65% preferred (cum). eonv 47 8% Mar 13 13 4% 33 5 42% Dec 24 *97% 32 39% Co 54% Sep 25 99 31 - 2.50 97% July 30 39% Jan 5 18% Oct 54 % Land County 41% May 19 May 12 % . No par ....... Kennecott Copper 49"% Jan 21 *35% Keystone Steel & Wire Co— _No par Kimberly-Clark Corp com— .No par 111 % Feb 27 95 13% 18 15 *94% 18 Feb 16 95 19 Vb Jan 16 32% 95 13 Vb Vs Jun Sep 32 y4 95 19% 82 Nov 32 *94% 13 Vb 60 Shares 31 5 6 the Week 4 95 50 — . 30% 8.75 non-cum Dec *94'A preferred— 4% Kayser (Julius); & Co Kelsey Hayes W'heel Friday Dec. 3 ' 97 Vs 38% —— Sales (or Thursday 31 Kansas Power & Light Co... 28 Mar 17 * 104'A prior prelerred Koppers Co Ine common 4'm «preferred Kresge IS S) Co— 50% Mar 25 31% Jan 45 37 Common 28 Apr 34 45'A Aug 10 23 35% Oct 91 26% Dec 6 100 PRICES Dec. 2 95 30 Vb *94 14 101 Nov 70 9 SALE Wednesday Dec. 1 100 preferred 4% cum preferred 4.50% preferred Kansas City Southern— 3.80% HIGH AND Tuesday Nov. 30 Kansas City Pr & Lt Co com.No par 59 Vb Sep 39 % Jun Jan 27 Jan Monday Par 37% Oct 21 51% Sep 114 21% Feb Sjp 105 LOW STOCK YORK EXCHANGE Highest *97 99 *97 42% *42% 42% 32% 31% 42% 161 32% 99 42% 160 * 160'A. 158% 32'A 160 *97 99 *97 43 *41 % 42% 1 50 99 42 17,000 1,100 M Nov 40% Aug 128% Sep 12 4 45 10 135 8 45 Sep 17 132 28 31% Jan 30 29 90% Jan 28 9% Mar 13 10% Jan 13 Dec 19 Apr 8% Oct 18 20 8 Feb 22% Nov 14 24 6 5 39 30 7% Dec MacAndrews Jun 22 9 Feb 41 125 17% Jan 7% Aug 25 7% Oct 16 Apr M 7 84 15% Aug Mar 20 3 24% Oct 26% Oct 12 May 30 485 23 Jun Oct Dec 7% Oct, 536 Dec 10 11% Mar 18 8 23 Jan 7 July 11 10% July 13 21 % Sep 30 78% Sep 7% Oct 6% Nov 15% Nov 26 16 2 21 14 24 M*r 24 Jan 10 8 87% Mar 27 9 May 9% Jan 8 12 517 Sep 15 4% Nov 24 8 % Feb 4% Sep 14 8 22 Jan 552 16 Mar 23 Mar 28 9 25% Jun Dec 22 11% Jun 10 13% Dec 57% Jan 22 52 % Jun 15 58 23 Nov 17 27% July 8 22% Sep 15 25% Mar 19 85 Oct 7 94 Jun 9 80 8% Jun 25 16 Dec 19 Sep 8 12% Jun 16 10 18% Mar 20 5 Martin-Parry Corp Mason lie 10 41% Jan 2 10 98 % Jun 30 27% Jun 10 83% Jun 5 2 97 May 7 82% Jun 12 10 87 May 2 75 14% Mar x22% Nov 42 19% Dec 31 16 51 Dec 30 45 19% Dec 4 15 110% Jan Jan 95 6 $3.75 24 $3.40 21 4 Mar 16 52 Mar 12 26% Dec 31 20% S-sp 14 30% Feb 10 45% Nov 13 41% Nov 27 45% Feb 17 15% Feb 4 92 8 14% Oct 28 89 % Dec 30 5 17% Mar 7 12 Nov 10 74 Sep 28 57% S^p 15 26% Sep 22 35% Dec 1 52 Sep 17 33% July 2 19% Nov 12 71 % Jan 12 Melntyre Porcupine 39 % Dec 3 McKesson & Jan 21 Nov 20 83% Apr 33% Nov 17 46 23% Jan 23 26% Jan 7 12% Nov 3 15% Jan 21 11% Sep 24 22% July 15 28% Feb 86 94 65 12% Oct 47 8 3 28 14 28 Mar 20 83% Oct 13 95 Mav 26% Dec 24 26 % Jan Feb 8 22 16 10 50% Mar 12 16 21% Dec 9 6 35% Jan 22 93% Dec 12 84 % Jan 4 104% Oct 3 22 21% Sep Dec Oct 14% Jan 2 14 15% Apr 22 26 Jan Aug 19 23% Mar Jan 1 2 28% Mar 19 Sep 14 14% May 22 Aug 15% Sep 19 50% May 21 15 19 % Jan 12 46 17 Sep 80 May 14 25 % Jan 7 5 Electric McGraw-Hill McLellan 4%% Mengel 5% Jan 28 Nov 22 Oct 15 37% Dec 18 92% Jan 2 101 108 Jun 97% Jun 7 33% Jan 2 Merck & 23 27 $3.50 preferred Jan 20 $4 21 96% Nov 12 $4.25 25 15 31 2nd common. preferred Mergenthaicr Linotype 22 Jun Nov 5 Merritt-Cbapman & Scott 30 Nov 4 39% Jan 9 Mesta 86 Jun 11 98 % Jan 2 Metropolitan Edison 3.90% 25 95 Sep 14 3 88 Jun 12 91 Jan 14 91% Feb 20 Oct 6 109 v* Aug Jan 8 26% Dec 18 95% May 23 8 84 July 99 105 93% Jan 14 16 81% Jan 28 55% Sep 14 28% Nov 28 22% Jun 9 footnote.'- se" pace 26 13 3.85% 4 3.80% 4.45% 29% Mar 22 20% Feb 4.35% 93 % Feb 3 58% Oct 2 107% Feb 19 May 21 18% Sep Feb Machine 66 % Jan r 27% Mar 5 Co preferred preferred preferred preferred 2 9 Middle South 12% 105'% 22 4,300 80% 170 8 6% 3,500 6% *7% 1,300 25% 17 5,200 17% 25 3,200 20 530 530 4'A 23 4% 4 Vb 1,500 5'/b 5 Vb 900 23 . 23 23 200 7'A 7% 7 va 3,200 18% 18% 18% 16,500 13 19,600 12% 13 12% 13% 12% 13% 13 *5 57 *55% 56% *55'A 56% 55 55'A 900 23% 23% 23% 23 % 23% 23% 23% 23% 7,300 85% 85 % 85% 86 86 16% 16% 16% 16'A 16% 16% 16% 12% 13 5,800 8,500 *85 16% 87 *86 110 12% 12% 17% 17% 17% 17% 17% 17% 17% 17% *17% 17% 17% 17% 18 18 18 18 12% 39% 105 12% 13 40% 39% 105 % *104% 12% 40 105% 40,400 1,200 39% 40% 39% 39% *104% 105'A *104'A 105 % 600 5,100 18,400 29 29% 29 29% 29 29% 28% 29'A 91 % *90% *89% 29 90% 90% 90 90% *90 91'A 90 91 150 88% 89 370 83 % 85 90% 90% 85 *84 *89 *84 85 17% 17% ?46% 47% 15% 15% 22% 22 *41% 42% 17% *47 15% 22 *41 % 17% 47% 15% 22 42% * 17% *47 18 47% 15% 15% 21% 21% *42 42% 89 *83% 18 Vb 89 *88% 90 85 *83% 85 18% 18 17% 1,500 47% *47 47% 15% 15'A 15 15 Vb 4,800 21% 21% 22 Vb 22 Vb 1,000 *47 *42 42% 42% *42 12,900 12% 12% 12% 12% 12% 13 12% 13 78 78 77V2 77 % 76'% 77% 77 77 77% 77% 350 66% 67% 67% 68 67% 68 % 68 % 68% 68% 68 Vb 3,200 34% 12% 12% 35% 35 35% 35% 34% 34% 34% 34% 2,400 55 56% 55% 56 55 55% 55 55 55 55 2,400 38% 38 % 38% 38% 39 39% 39% 39% 39% 3,000 19% 20 19% 19% 19% 20 20 20% 20% 20% 3,300 12% 12% 12 Vb 12% 12'A 12% 1,300 25% 26 % 25 Vb 26 25 26 8,400 86% 86% 86% 50 35 .10 12% 100 86% series series series— series 16 27% 27% 27% 27'A 27% 2,700 12 12% 12% 12% 12 Vb 12'/a 4,200 *46 47 47 47 47% *47 16% 16 vb 16% 16% 16% *16% 21 % 20% 21% 20% 16 21% 21 21% 89 *86% 89 *86% 88 99 % 100 97 % 99 98 98% 95% 26% 28% 95 % 26% 28% 31 32% *91 91% 100 103 103 , 92 *95 26% 28% 32 *90% xl03 *89 96% *95 9 6'A 26% X26% 26'A 28 % 28% 32 % 32 % 91 % *90% 28% 32'A *47 47% 16% 20 2,700 25,600 21 88 88 88 % 100 98 98% 98% 98'A 2,400 *95 96% 95 95 26 V8 28% 32 26% *87% 27 *26% 28% 28'/2 32% 31% 91 % 91 30 ' 1,200 28 Va . 5,000 31% 2,700 91 10 103 *102 104 '101 103 *101 103 60 92 *89 92 *89 92 *89 92 91'% ' *90% -.100 *92 96 *91 96 *91 96 *91 96 *91 96 100 *103 104 *102 104 *102 104 103 104 *103 104 22%. 10 60% 60% Inc—No par 27% 27% Petroleum.; Vb 27% 5 Utilities *86 12% 27% 22 21 % *86% *90 86 % 27% pld—100 ,.—100 *86 12V2 12% / 12% 25% 86 % xl2 27% *46 16%c 12 % 24 % *86 47% 16% 27% 3% 12.50 12% 24% 24 *86 5 Miami Copper Mid-Continent 23% *23 92 *79% . 5% *5 23% 9,600 38% No par Co—No par 2 31 40% No par . 11 16 39% 105% 28% No par — pfd May 27 3 froi 2nd Inc Co 54 % Feb Jan 20 Oct 111 30 5 1 28 % Jan 101 105 89 10 Jan 18 17% No par (1st series) Inc 4 92% Jun Sep 12% —5 Co Corp Stores Co 4% 5% 16% Co (The) common 1 convertible 1st preferred—50 eonv 4% 5 VB *$2% 15 1 Mfg 91% Sep 121 4% 5 16% 17% 17% 530 4%, 4% 5 55% 23% 85% 5 24% 17% 7!A —5 Mines Co preferred Mercantile 24% 100 14% 80% *525 7,200 18 Publishing Shoe 17% 18% ——1 Corp common Melville 25 % 530 7% common—50c Bobbins Inc Norris *525 18% preferred—.100 Co Stores McQuav Mead Corp Stores convertible 3 % % M'cGravv 17 532 *520 7% 50 25 McCrory 25% 17 18% 3 common prelerred 28 Jan 7 25% 16% 7% No par 98% Apr 73% Mar 12 24 7 24% 19'A ..No par No par 71 Nov 7 7% 7% 5 Corp Corp 6% *7 18% No par preferred $2.50 8 7% 100 preferred.- McCord 7 *7% 19% 12% pfd 1947 series.No par cumulative pfd No par McCall *79% 8 17% com Maytag Co common $3 80 7% 8 7% cum 21 % Mar 25 28 Corp preferred eonv $3.75 Jan Feb 55% Mar 4.25% 22% 80 1 May Depl, Stores common 20 85% Nov July 2 Sep 15 Sep 29 Dec 5 32% Mar 23 95 22% 79% No par Co Chemical Matbieson 22% 79% 8% 43% 132 22 22'A 79% No par '. Corp.- Electric Master 21% 22% vb *43 *128'A 14% 18% 12% *54% 23% *85 No par com Co 2 July 21 4 I.) 16 34% Aug 11 12 (Glenn Martin 25% Fell 98 18 Co & prelerred 4%% 14% 14% *7% 8 43% 132 14% 1 50 8% 8 *43% *128lA 1 (eonv) 21 % Nov 2 15% Mar Marshall Field 43% 132 .100 Corp common preferred 17 25 14% Jan 4%% *43 *128% 6.25 Midland Marine 8 8 8 43% 132 14% 7% *22% —5 Exploration—.. 14 29% Jan 45 % Jan Shirt Corp Sep 90% Jan Jan Marathon 9 1 8 *43% *128% 14% 24% 25 16% 17 *520 532 4% 4% 4% 4% No par Maracuibo Oil Feb 80 % Mar Manati Sugar Co— 132 8 *7 ——-1 50 Mantle! Bros 16% Sep 3 79 Mar Jan 8 ——10 ... 17% Sep 15 34% Aug 28 104% Jan 90% Jan 79'/a Mahoning Coal Pit Co—— Manhattan 11 49% Apr 22% 100 No par Magnavox Co (The).. 25 2 No par No par Magma Copper 18 18 14% Magic Chef 9 21 20% Feb 14% Co Inc coin 6 6% Sep 33% Jan *128% preferred series A Square Garden Apr 16% Sep Jun (P. H) 4%% 32 17 113 100 22% Jan 28 2 Macy Madison 8 43% ...—.—5 15 12% Jan 17% May 12 38 % Oct 30 7% 43% Mack Trucks Inc 15 29% Jan 13% Jun 5 common—10 Forbes Sep 2 9% Apr 15 21% Oct 28 Working Co & preferred!— 6% 15% Sep 22% Apr 24 10% July 2 52% Feb 25 13 M & 23% 22 8,600 22 % 22% 22% 22% 60 % 60% 60% 61% 61'A 61'A 60% 61 Vb 3,200 27% 27'% 27% 27% 27% 27% 27% 27% 17,900 22% 22% 21% 21 22 The Commercial and Financial Chronicle... Monday, December (2214) Continued—Page 8 NEW YORK STOCK RECORD Range for Frevious Range Since Jan. 1 Year 1952 Lowest Lowest Highest 39 «/2 Jan 46% Dec 4 131 % Jun 20 139 31 % 1 Sep 22 Sep 3 125% 0«t 30% Jan 22 21% Oct 9 13% Feb 26 17% Nov 28 16 % Jan 26 15 % Oct 23 19% Dec 19 45% Feb 14 62% Dec 18 3 116% Dec 2 105 48% Jan 2 42 Jan 23 Mar 39 Apr 101% Feb 24 25 105 9 % 16 Oct 28 24% Jan Nov 19 91% Jan 11 7 30% Jan 9 23% Nov 9 14 Nov 5 Midwest Oct 15 15% Oct 22 No par 16 10 Minn St Paul & S S 19% Jan 2 68% Nov 30 Minneapolis-Honeywell 122% Nov 27 $3.75 conv preferred 100 Minn Min & Mfg common___No par 11 69 60 % Dec 6 104 17 Oct Jan 3 19% Jan 88 Jan preferred Reg 5 9 26% Jan 22 17 21 % Nov 5 34% Mar 25 Mission 15% Sep 14 23% Mar 25 Mission 11 34% Jun 10 41 % Mar 17 Mississippi River Fuel Corp 15 6% Mar 12 70% Aug 6 58% Jan 23 16 67% Dec 31 4% Sep 18 577# Sep 15 21% Apr 21 59% Dec 23 ;33% Sep 15 24% Nov 12 31% Jan 7 23% Nov 12% Mar 4 14% Aug 5 13 18% Jan 4 Jan 16% 38% com__No par 4% 5 4% 4% 4% 7% preferred series A 100 tMissouri Pac RR 5% conv pld_100 67% 68 42% 43% 67% 42% 68% 43% 42% 20 23% 23% 24 24% 24 43% 24% 1.25 *13% 14% 14 13% 13% 1G% 16% Missouri-Kan-Tex Jan 5 15% Mar 25 Mojud 11 20% Mar 23 Monarch 95% Jan Monsanto RR Carpet Mills Co Inc 109% Jan 2 Sep 15 17 28% Jun 30 17 % Sep 14 28% Mar 11 Montana-Dakota 26% Apr 16 31% Dec 19 25% Jun 10 32 % Mar 26 Montana Power Co 29% Nov 17 34% Nov Monterey Oil Co Montgomery Ward & Co 20 30 65% Mar 19 Machine 2 18% Aug 11% Sep 15 18% Apr 15 12 Nov 3 14% Jan 10 10% Sep 15 15% Apr 16 Aug 7 44% Oct 14 30% Nov 24 43% Jan 6 22% Jan 14 Dec 31 22% Nov 24 34% Mar 18 Motor 15 22% Sep 15 27% Jan Motor Wheel Dec 8 21% Sep 14 27% Mar 16 Mueller 1 29% Jan 25 18 Sep 15 26% Mar 13 5 13 % Jan 26 12 Jan 5 14% May 19 44 Oct 26 18 Mar Feb 1 20 22% May 11% Jun 25 49% Dec 19 106% Oct 6 . 57% Jan 4 Nov 28 18% May 1 42% Mar 13 21% Dec 1 48 52% Feb Dec 110 48 24 50 104% May 18 16% Sep 15 4 Jan 24% Feb 26 50 Feb 25 51 Feb 2 86% 19% 18% 30 34% 29% 33% 34 85 56% 55% 55% 19 19% 27% 19% 28 % 17% 38 4% 68% 17 x37% 67% 85% 19% 85% 19% 20% 30% 30 33% 56% 16% 17 86% 30 33% 57% 34 57% 12% 85% 19% 30 33% 56% 12% 12% 12% 600 129% 90 21% 21% 2,600 22% 22% 5,900 9% 64% 117% 58% • 9% 2,600 65 14,800 117% 5,540 ' 59% 9,700 K* O O £ 102 40 9% 10 8,500 *71% 72 170 *19 19% 200 19% 20 5,300 28% 28% 7,300 17% 17% 37% 37% 4% 4% 6,900 v 5,400 2,500 1 67% 68 % 42% 43% 6,400 24% 24% 1,400 *13% 6,400 14 100 16% 17 17 900 86"% 19% 85% 86 17,800 19% 19% 30 30% 33 19,400 30% 33% 33% 56% 56% 12% 12% 4,300 9,700 - 56% 22,200 12% 3,600 12% 12% 12 V# No par 11% 12 .3'0% 12% 13 12% 13 12% 12% 12% 12% 2,900 30% 30% 31% 31 32% 31% 31% 12,800 _10 23% 23% 23% 23% 23% 3,000 22% 23 22% 24 23 23% 5 23% 23 22% 22% 1 24 24% 24 V# 24% 24% 24% 3,400 1 19% 20 20 20% 20% 10,100 5 13% 13% 13% 20 13% 24% 19% 31% 23% 22% 24% 19% 13% 44% *13% 13% 700 44% 2,100 Lines & 12 Co Inc 10 19% 19% x!8% 18% 18% 18% 18% 50 44 44 *43% 44% *43% 44% 43% 32% 23% 22% 24% 20 13% 44% 108% 18% 43% 37% 38 *37% 38% *37% 38% 37% 37% 8 17% 17% 17% 17% 17% 17% 100 Corp Corp 76% 77% 77% 79 78% 78% 78 78 77% 77% 32 32 31% 32 31% 31% 31% 31% 31 % 31% 1,400 13% 13% 13 13% 13% 13% 13 13% 12% 13% 4,400 Co Brass 4%% 16% 17 19 ■ Shares 35 128% 3 (John) Murphy Co „ *13% 19 No par „ 3 *16% 27 29% 1 Mfg Corp Munsingwear Inc 6 110% Mar 42% Aug 26 36% Nov 12 Aug 25 6 27% 85 5 No par Mullins ; 23 32 Morrell * *18% 19% 19 19% 27% 5 Co (The) Products 25% Dec Co Utilities Moore-McCormack Motorola 19 19% No par Too] Chemical 36 5 ; 17 30 16% Jan 71 38% Co 21% Nov ' 71% 22% 9% 65% 119 59% 102 10% 71% 16% Mohawk 18 10% *70% 1 Development 32% Mar 12 53% Sep 100% 10 70% 9% 64% 116% 58 % *100% 9% 71% *34% 34% 131 21% 21% 22% 22% 9% 9% 64% 65% 116% 118 59% 60% 1 00% 100% 9% 10% *71 72*19 19% 20 20 28% 29% 17% 17% 37% 37% 4% 4% 68 68% 43% 43% 24% 24% *13% 14 22 38% Corp 15% Sep 2 10% No par new 82% Oct 67% Jan 57% 59% 102 22 22% 131 132 5 Light 20 22 120 22 22% 9% 68 122% 58% 100% 10% 34"% 35 35 130% 10 & Power 16 % Oct 55% Oct 9% 35 130 Dec. 4 Dec. 3 Dec. 2 the Week Friday Thursday Wednesday 19% 19% 27% 16% 38% Minn 30 79 *100% 21% 22% 9% 66% 125% 57% _No par „ 130 68 % 68 *123% *34% 34% 130 9% 1.50 Minneapolis-Moline Co common 1 $5.50 1st preferred 100 $1.50 2nd conv preferred 25 23 1 18% Nov $4 29 Marie__Nopar 13 8% Feb 50 23 16 24% Oct 38% Dec 3% Oct 22% 27 22 20% Jan 33 % Oct 21% Sep 9% Nov Mar 12 37 21% . 19'/2 Nov 25 10 Oil Corp Minneapolis & St Louis Ry 20 34% *129% galea ft SALE PRICES HIGH Dec. I 100 common AND Tuesday Nov. 30 Pat 1st preferred 8% 24% Mar 20 24 Monday STOCK Apr 94% Jan 2 80 Sep 53 % Feb Midland Steel Prod 7 Feb 139 YORK EXCHANGE 46% Jan 7 6 107 NEW Highest Oct 20 LOW STOCKS (G C) 1 common preferred 44% 100 Murray Corp of America 4% preferred Myers (F E) & Bros com No par X44% 45 109% *109 108% 22% 24% 19% 13% 13% 44% 44% 107% 44% 109 107% *107 44% 1,400 108% ♦107 50 18% 18% 2,900 *43% 44% 200 37% 37% 700 18% 23,000 N 17% May 1 22% Dec 1 16% Sep 15 25% Feb 26 60% Feb 20 100% Dec 18 74 Sep 15 99% Jan 2 31% Apr 15 36 Aug 1 28 Oct 6 11% Oct 15 16% Jan 4 11% Sep 14 16% Oct 24 19 Apr 29% Apr 161% Jan 23 23% Dec 1 23 35% Dec 31 2 179% Jun 18 12% Jan 28 8% Oct 20% Jan 21 8 9% Jan 2 14% Nov 13% Jan 22 21% Mar 9 National 15 25% Mar 20 National 38 Mar 19 National Biscuit 24 174 7 9 2 15 22 19% Oct 30 97 16 Sep 18% Jan 91 56% Jun 4 34% Jan 2 16% Sep 24 7 8 o i V4 Jan 29 Jun 18 132 Apr 7 Feb 9 26 30% Jan :r 9 34% Sep 22 22% Sep 25% Sep 43 53 2 40% Sep 31% Nov 24 25 % Oct 22 35 Apr 15 91 May 20 23 101 Jan 2 3% Oct 11 23 Nov 14 16 22 Jan 10% Feb 1 13% Dec 10 104% Jan 7 $4.50 24 4 Nov 4 4 1%. 6% 31% Jan 91 6 21 116% May 20 7% Apr 1 2 5 24 Nov 11 10% Apr 12% Jan 4%% 31 % Jun 9 85% Jun 30 106 30 Jan 2 45% Oct 20 56% July 1 37% Aug 31 11% Oct 16 20% Feb 4 10% Sep 12% Jun 11 85 18 Dec 5 94% Feb 9 80 Mar 24 400 Tea 2 63% Nov 25 13% Dec 22 18% Jan 2 12% 12% 12% 3,200 19% 19% 42,300 common—5 Nehi 16 85% Jan 24% Jan 76 Jan 82 Jan 19% *89 Cast-No par 19% 87% 88 21% 21% 21% 21% 21% 21 21% 92% 91% 91% 93 93 93 93 30 93% 38% X37 % 169% 170 144 143% 26% 23% 23% 28% 28 46% 46% 46% 46 % 27% r27% 27'A *26% 27% 28% 28 Jan 20 29 9% 22% 23 28% *28% 29 300 46% 47 7,400 26% 26% 3,300 26% 27 25% 25% 26% 26% 26% 90% 90 90'A *90% 90% 27% 28 111% 111% 111% 1 6% 10% 10% 4% 11% 1 14% Co common 100 Inc 5 6% 10% 10% 4% 5 7% 42,500 10% 10% 2,000 4% 4% 2,300 11% 11% 11% 1,400 14% *14% 14% 1,000 11% 14% 14% 14% 14% 14% 14% 32 100 91% '91% 13% *90 14 92 ♦105 105 % 43% 43 7 ! ♦105 105% *14% 14% 14% 14% 14% 14% 31% 32% 32% 32% 33 33 90 90 90 90 89% 89% Xl3% 14 92 43 13% 43% *89 *13% *89 92 - 13% ' *89 15% 6,800 33% 3,100 90 , 13% 70 11,900 92 10 43%* 43% 43% 43 43% 3,700 14% 43 ' 14 % 14% 14 14% 6,200 28% 28% 28% 28 28% 4,500 23% Mar 17 New 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 2,400 15 25% Jan 30 New 14 48% Jan 5 10 109 % Mar 9 Jan 30 % % preferred York 14 Air York 100 Brake 5 Central York Chic 13% *68% Louis 20 11 92 Feb 9 5 520 Jan 8 N Y & 20 16 34 Feb 18 N Y New Sep 21 65% Feb 5 15 % Jan 7 Nov 6 non-cum Harlem Haven Co & 30 21 2 94 Apr 3 80 % Jun 11 92 Jan 22 2 28 Jun 6 24% Jun 10 28% Feb 2 2 85 May 21 75 Apr 28 80% Nov 10 87% Jan 94% Nov 13 Y State 20 20% 19% 20% 19% 19% 60,000 34% 35% 35 36 35% 35% 11,900 *103 104% 104% 104 % *104% 106 *104% 16% 62 85 16% 16"% 16% 17 16% 16% 5,900 62 62 62% 62% 1,200 *103 104 16% *58% *84 *400 469 16% *60% *84 *400 5% 89 89 27% 28 28 28% 82 79% 79% *79% 80% *79% *85% x89 86 86 86 86 86% *85% 86 93% 93% 93% 94% 93% 94 *93% 94 *93% 94 170 2 18% 19 19 18% 18% 18% 18% *18% 19 1,300 Ry common—25 Adjustment preferred 25 41% 42% 41% 42% 41% 41 % 41% 41 % 41% 9,200 24 23% 23% 23% 41% 23% 22% 22 % 22% 22% 22% 19% 20 19% 20% 22% Jun 12 26 Jan 16 19 Jun 19 23% Mar 24 North American Co 15% Sep 15 20% Mar 19 North American Aviation. bNortheast Capital Corp Northern Central Ry Co 50 *84% 35% 84% 84% Northern 10 37% 38% 37% 38% 2 4 Jan 5 8 16 14 84 16 1 Chemical & 5 % % 14% Mar 12 90% Dec 100 100 8 Sep 219 80% 100 16 11% Jun 120 28% preferred 16 52 *79 % 90 preferred Dec 16 28 3.60% 17% Dec 13% Dec 28% 3.90% *79 25 94% Mar 29 28 100 26% Apr 107% Nov *88% preferred 2 6 *88% 89 28 8 103% Oct 3,900 90% 90 27% Norfolk 46% Jan 36% 90 30 24 36% 100 53% Jan Jan 36% par preferred 40% Nov 24 Jan 36% 36% 8 15 2,000 36% 36% 52 % 87 4,300 28% 36% 2 6 58% 28 36% 26 14 58 28% 36 20% Jan Sep 59 c* CO . Electric & Gas Corp— 46% Jan July 58% 28% 28% Nopco 8 8 58% 58% 29 15 34% Sep 5,300 58% 29 83 25% 28% 22 26 25% 58% Sep 30 25% 29% Jun 19 25% 58'A Jun 14% Sep 10 26 58 16 47% Dec 87 469 *29 79 89% Dec *84 *400 1 87 7 87 469 100 1 17 *84 *400 900 Corp— 3 24 85 25% 21 8% Apr 75% Jan ■ 469 25% series A 64 85 24% Nov 28 *61 106 >400 469 26% Apr Apr ' 25% Co_100 Niagara Mhk Pwr Corp com_No 3.40% 20'A 35% 25% Hartford Common $3.75 20 35 50 ; York Shipbuilding Participating stock 37% Mar 23 20% :__No par Preferred 10 35% No par preferred RR 69 35% 17 62 88 par $5 *68% 69 Co— 1 6% preferred series A 100 New York City Omnibus Corp_No par New York Dock common No 17% July 13 *68 % 69 19% No par St & Common Jan Sep 105 % 28% 4 72% Mar 23 70 May 14% 33 *88% 14 92 13% 92 5,800 4% *14% *31% 111% 111% 111% 7% 11% 5 8,900 10% 14% ♦105 ' 730 28% 4% 11% 105% 90% 28 7% 5 11"% ♦105 9,700 *90 28 10% 7% 10% 4% 11% common—No par preferred 6% 10% 11% 105% *105 1 111% 111% 111% 6% 6% _1 1 Fibre 111% 27% 4,700 47 28 25% 4,800 27% 90 England Electric System 1 Jersey Pr & Lt Co 4% pfd_100 Newmont Mining Corp 10 Newport Industries common 1 31% Sep 5 23% 40 9% 9% 23% 27% 98% Jun Feb *9% 23 90% New 5 10% Jan 145 9'A 92 59 *143 144% 9% 2 35% Mar 144 *142% 2 Aug 370 9% 28 15 14,500 172 23 % 18% Oct 19 % Jan 37 *170% 143% 86% Jan 25 36% 171% 28 % New 6 35% Sep Sep 37% 170% 144 * *28 27 25% 1,200 10,700 36% 37% 170'A X46 47% 23% *28 47% 37% 170% ' 9'A *9% 23% 28% 9% 37% 28 100 preferred 3%% 19% 87% 25'/# Corp 2 19% 87% 90% 5 Inc__ Newberry Co (J J) 19'A 88'A 10 preferred Nesco 19% 88% 100 Pa com ....... Inc 19% 169% No par Bros 19% *91% 37% *142 1 21 21% "91% 2,200 89 90 20% 168 common 6 N Jan 1 Corp New x29 100 No par 5 Co Vulcanized 51 46% Jan 12% 10 (The) Co conv 19% Jun 23 12% Steel 6 34 14% May 1 59% Oct 13 24 % Dec 12% 12% 2,900 22,100 28% 101% Jun 673 & Theatres New 2 12% __5 ' 66 13 11,700 17% 69 Sep 10 6,900 64% 17% 28 % Sep May 17'A 63 % 17% *67% 19 Oct 17% 64% 2,200 *13% 30 14% Feb 17% 64 54% 14% 17 86 17 64% 2,800 54% 69 17% Sep 350 17% 11% 28% 13 73 16% 63 % 17 300 11% 69 8 9 16% 63% 100 National 16% Jan 11 Apr 16% 61% 12% 16% 61% 17% 171% 171 27% Jun 23% Sep 52 16% 62% 12% 1 10 Co 170 170 Newport News Ship & Dry Dock—1 7 24 3 20% B Feb 56 15 Jan Oct 20% *17 170 14 36% Nov 17% May 26 20% 100 National 14% Mar 30 30 108 11 20% Natomas Co 6 92% Jan 18% Nov 9 10% 20% 170 " 31% Dec 24 11 20% Service 93% Apr Jan 14% Apr 10% 20% common 15% Nov 38 12 100% Jan 11 19% Prod preferred 4.20% 12 7% Mar 29 22 15 11% 19% Gas Sugar Ref National 4%% 49% Dec Linen National Supply 29% May 20 Mar 25 20 10% 17% 11% 17% 10% 19% No par 27 22 16% 10% National Jan Oct 16% 25 12 30 34% Feb 1 common—1 Inc Co 30% Jan Neisner 22% Aug 8 23 % Dec 23 54 % No par 8 75 54% National Shares Corp National Steel Corp 84 July 22 54% 5 21 Jun 54% 6 16% Apr 4 54% 26 4 % Jan 21 53% 52% Jan 5 Apr 53% 32% Jan 13% Jan 14% Sep 53% 14 3 97 No par 21 Jan 43% Jan 11% 15 26 3 Co preferred 13% Feb 4 11% Products Malleable 10 23 11% Natl 10 % Jun 9% Jan 11% preferred National 11 90% Jan 11% preferred A 14 35% Dec 11% 37% Mar 19 25 105 ; 11% preferred National Lead 29 16 ' 17 6 Sep 11% Jan 11% pfd series of 1951 National Gypsum Co common 4% Sep 105% Sep 13% Sep 66 Nov Sep 10 171% Distillers 22% Sep 4 171% 4%% 3 8% Mar 7,900 169% 10 Lines conv 98% Mar 20 6% Oct 7,100 169% 5 86 % 104% Jan 2,900 35% Department Stores 24% Jan 3 27% July 7 109% July 31 5% Sep 18 18% 23% 35% National 9% Dec 15 31 19% Feb 18 23% 35% 8 146 24 9% Jan 85% Jan 18 23% 35% Dairy 38% Nov 3 40% Jan 27% Oct 18 23% 35% Cylinder 173% Nov 29% Apr 24 147% Apr 30 18% 23% 35% National 22% May 26 24 Jan 18 23% 36 National 96 23 1 18% 24 35% National 7% Dec 25% Jan 17"% 23% 35% 99 % Jan 30% Oct May 18 24% 35% Register Container $1.25 1 1551/4 Jun 15 Jan 33 177 17% 23% Corp City National y #uiy 1 National 22 17% Sep 98% Oct Cash 190 5 15% Jan 10 87 % Jun 26 23% July National 17"% 1 common 19% Mar 27 2 64% Dec 12% Nov 25 20 Feb 136 1 110% Jan 17 25% May Sep 21 Dec 17% Jan 2 Jan 165 18% Mar 27 60 Can 18% Aug 18 5 11% Jan 2 20% Dec Sep 15 Aug 31 National 59% Mar 19 19 26 17% 10 Inc Fibres Corp Co preferred A 27 13% Feb 14 51% July 22 13% Jan 2 —w 13% Dec < Sep Automotive Oct 17% 100 Aviation 14 10 _1 1 Sep 7% Louis Airlines 158% Jun 25 xl0% May 15 14 National St Co__ 19% Sep 61% Mar 19 13% Jan 8 Acme & 16% Sep 3 48% Jan National Mar 25 •15% Jan Corp Nashville Chatt 34 49% Nov 1 36% Nash-Kelvinator Co Western Natural Gas Pacific 22% 1 19% 1 Co preferred Northern *23% 10 _100 Ry 100 Northern States Pwr Co Common 9 106 57% 20% 9 106 59 *18% 8% *106 9 23% 23% 23% 22% 22% 22% 11,100 20 20% 19% 20 % 55,100 8% *8% 85% *84% 38% 37% >106'A 107 700 86% 22% 8% 107 85% 23% ' *84% qo 80% 106 600 8% 8% *84% 85% 50 38 % 9 85% 38 38% 12,000 2,800 106% 106 106 520 58% 60% 60 61% 59% 61% 59 60 55,900 13% 84% 14 13% 14 13% 14 13% 14 8,800 (Minn)— 5 13% 84 % 14 82 Jan 87 Mar 19 $3.60 preferred Jan 110 Nov 7 78 Apr 100% Jun 24 105 18 109 Mar 12 $4.80 preferred 100 107 94 Jan 102 Nov 25 89% Jun 19 101 Jan $4.10 preferred 100 *97% 11% Apr 11% Sep 15% Jan 7 12% Jun 15 .1 16% 16% Jan 31 9% Nov 23 19 25% Jan 31 17% Nov 27 27% Jan 28 18% Sep 18 25 % Apr 9 Norwich 39% Dec 22 34% Jun 10 2 Ohio Edison 12 38% 106% Aug 12 94% Apr 10 94% Jun 12 Jan 2 4.40% preferred 100 101 % 83 12 93% Jan 27 3.90% preferred 100 *90% May 18 106% Feb 25 4.56% preferred 100 105% 105% *105 105% ♦104% 105% 105 105 % *104 105% 40 preferred Oil Co 100 *102% 103% 56% *103 103 % 103% 103% 104 104 *104% 106% 530 56 56% 55% 56% 27 27 Sep 18% July 18 33 V# Jan 100 2 Jan 14 88% Jan 8 104% May 15 106% Nov 7 100 Jun 97% Jun 50% Oct 22 Jan 6 2 60% Apr 27% Dec 12 lo 49% Jun 16 23% Jun 17% Mar 13 19 % Dec 9 16% Sep 13 Oct 27 17% Jun 6 91 Dec 12 108% Jun 2 For footnote® «w> naep 26 9 18% Mar 17 Northrop Aircraft Inc 14% Jan 13 Northwest 24% Jan 13 39% Feb 106 Mar 9 10 57% Aug 6 10 28 104 Mar 23 1 18% Jan 6 15 14% Feb 2 71% Sep 23 95% Jan 9 9 Sep . 100 4.6% • Airlines Inc common—10 Co common Ohio Oklahoma Gas & Elec Co 4% 4% % 98 *96% 16% 9% ' 98 16% *107 98 *97 *97 16% 9% 85 107 10% 17 16% 9% 10% 16% 9% 84% 107% ■ 84 *107 *97 98 , 17 : 16% 10 9% 84 220 10 107% 98 16% 15,700 9% 9,500 17% 18 18 18% 18 18% 18 18% 17% 18 19% 19% 19% 19% 19% 19%' 19% 19% 19% 19% 1,300 No par com preferred Corp *106% 83% *84'A >106% 25 Co 4.44% Oliver 9% IO7 85 107% 2,50 preferred Pharmacal 84 % common convertible preferred 56 10 26% 20 *17,% 1 100 9.%' 73% 39 101% 91 27 18% .9% "4 38% 102 90% *17%. X9 :-;.73% 38% 38% 102% 101% 90% 75 90% , *18% % 9% t 74 38% 39 5,300 101% 102% *101% 103 280 *90% 90% *90% 38% 39 90% 140 55% 56% 55% 56% 27% 27% 18%^. 9 % 38% 102 90 10,200 27% 27% 27% 27% 3,900 18% *18% 18% 18% 18% 300 9% 9% 9% 9 74% 74 75 74 .. 9%74 12,600 193 850 7, 1953 Number 5279... The Commercial and, Financial Chronicle Volume 178 (2215) *■■■«•*-*«•» NEW YORK STOCK RECORD STOCKS Range for Previom 12 9ya Mar 13% Aug 28 14 y8 Dec 4 Jan 6 18 48% Dec 4 Owens-Corning 69 % Jun 16 81 14 11% Jun 24 80 37% Aug 31 Dec 23 28 Feb 20 79 Feb 19 83 Jan 11 79% Oct 2 41 Va Apr 24 52 Jun 11 38 Sep 69 % Sep 16 85% Jan 23 10% Oct 30 17% Jan 81% Dec 31 97% Jan 12% Dec 30 19% Jan 11 84 38% Dec 31 18 15% Jan 6 13"% Jan Oct 23 35 Oct 28 Dec 30 2 32% Jun 12 39% Dec 9 34% Jun 32% Nov 2 24% Oct 23 22% Nov 25 108% Apr 24 35% July 14 120% Nov 26 Jan 2 145% May 19 110% Sep 129% Jun 5% Jan 2 8% Nov 21 17% Oct 16 26% Mar 15 63 132 16 Oct 15 Amer 3 Pacific Coast 57% Mar 25% Jun 16 30 % Feb 10 1st 40 Mar 17 20 119% Mar 10 Pacific 25 142 % Jan 22 6% 4% Sep 15 8% Jan 28 20 16 47% Mar 31 5% 5% 5Va 5% 5% 5% 2,800 Corp common-4 32% 32% 323/4 33%" 32 3/4 33% 32% 33% 11,700 10 *8% 8% *8 Va 8% *8 Va 8% *8% Consolidated Corp preferred Motor Car Amer World No par Airways Inc Panhandle Oil 30% Mar 27 7 Park 41% Oct 30 58 Feb 15 30% Jun 10 44% Jan 7 Parke Oct 16 38 Jan 26 33%: Jun 16 39% Jan 30 6% Feb 15 8% Apr 28 6% Sep 15 8% Jan 5 Parmelee 5% Nov 24 18 Va Jan 7 4% Sep 21 8% Apr 9 Patino 8% Jan 29 3 Oct 21 6 Jan 8 Peabody 20 18 Jan 7 2 21% Aug 10 14 4 6% 27% 27 27% 25% 251/4 24% 24% 800 No par 33 % 34% 33 33% 33 Va 33% 32% 333/a 32% 32% 12,000 2.50 36% 36% 36% 36% 36% ' 36% 36 3/4 37 *36% 37% 1,100 7% 7% 7 7 7% 7Va 7% 400 4% 4% 4% 4% 4% 5 4% 5% 4% 5% 18,600 3% 3% 3 3% 3 Va 3% 3 Va 3 % 3 Va 3% 3,400 2,800 Co & Proof Co Coal Co 5 common 11% 11% 11 11 Va 11% 11% 11% 11% 11% 11% *35% 36% 36 36 36% 36% 36% 36% 36% 36% 500 30 30 30 % 30 % 30% 31 32 313/4 31% 2,000 22% 22% *21% 22 100 760 No par 25 25 25 39% Mar 19 1 Penna 3 5% 26% Feb 5 33% Dec 11 30% Jun 10 35% Mar 18 Penn Pet 24 23% Jan 5 40% Jun 15 52 % Jan 5 15 28% Sep 11 32 % May 27 14 31 Feb 6 8% Feb 20 38% Nov 145 Aug 5 127 Sep 15 148% Mar 16 40% Feb 18 28 Sep 14 47% Mar 11 10% Jan 15 11% Dec 3o 18 44% Jan 2 Jan 2 22 7 22 99 19% Oct 105% Apr 23% Jan 16'/a Nov 13 101 & 47 V2 Oct 17% Nov 23 Nov preferred 38% Aug 21 Sep 8 17 % Sep 15 105 Jan 15 30 21% Mar 6 Milk Co 4%% 16% Dec 19 19% Jan 25 30% Oct 30 29 42% Jan 117% Jan 2 105% Sep 3 41% Dec 31 29 % Sep 21 43 % Feb 5 17 33% Dec 15 28 % Jun 16 32 7/a Jan 19 May 15 20% Jun 24 Oct 6 99 Jun 1 111 Jan 5 4.4% 99% Jun 24 86 Jun 24 99 Jan 2 May 29 Apr 22% Jan 2 93 Jan 25 2 103% Jan 112 17 26 July 28 91% Jun 18 19% Mar 25 Pfeiffer 34% Oct 20 Pfizer 108 % Jan 2 25% Mar 17 & Co 8 Philco 42% May 15 93% Jan 12 52 Dec 8 44 % Dec 1 55 Mar 13 May 26 101 Jan 23 90% Jun 1 98% Jan 5 18% Jan 27 27 Aug 5 94 98 Dec 17 92% Jun 1 98 Jan 64% Dec 30 48% Sep 15 July 29 48% Feb 9% Dec 20 23 33% Jun 5 Jan 4 15% Apr 98 110 12 Jan 4 10% Oct 23 39 Mar 5 32 Sep 8 95 July 22 24 19 Jan 29 102% Apr 19% Dec 21 29 69% Mar 25 19 May 18 37% Jan 14 101 Jan 2 6 22% Mar 27 106% May 22 106% May 22 29% Jan 5 Nov 14 110% Jan 21 24% Oct 1 37% Jan 29 19 Sep 15 85 Oct 6 95% Feb 13 80 Oct 30 94 Feb 17 91 Oct 1 106% Jan 28 78% Nov 17 97 Jan 7 46 May 1 Nov 26 41 Va 15 59% Feb 3 14% Dec 62 17% Jan 14 11 Sep Sep 15 142 Feb 21 156 Aug 18 148% Apr 21 162 Sep 3 151 Jan 4 165 Aug 25 153% Jun 11 165 Feb 6 24 42% Mar 17 56% Dec 12 27 10% Jan 21 44 Sep 18 16% Mar 18 58% Mar 16 8 Oct 67/a Nov 24 9% Feb 17 Oct 16 25% Jan 21 12% Sep 15 21% Jan 5 70% Oct 30 85 17 60 21 73% Feb 27 68 Oct 20% Apr 129 Jan 25% Apr 23 18 31 17 80 Jan Jan 17 25% Dec 23 145 Aug 27 34 % July 62 Sep Nov 19 17% Sep 15 146 Jan 18 Sep 86 9 9 14 75 26 Mar 20 25% Mar 18 150 Apr 27 31% Jan 2 4% 3.9% 100 C Inc St & 1 L Co Coal 5 Va % 14 15 12% Jan 14 14 34% Apr 2 40% Oct 24 55% Feb 13 34 27 46% Feb 3 Pond Dec 22 19 Jan 22 13% Oct 13 17% Jan 29 14% Jan 7 18% Dec 4 15 16 Nov Jun 8 July 30 19% Mar 23 conv- Co class Potomac Power 9% Oct 16 13% Jan 18 7% Sep 15 11% May 7 9 35% Dec 15 34% Jan 8 4%% 69 % Dec 11 59% July 1 39 May 69% Dec 7 8 3 Procter 11% Oct 8 17% Jan 22 9% Sep 15 15% Jan 20 86% Jan 2 77% Dec 4 82% Jan 5 31% Nov 26 26% Jun 5 35 % Nov 5 Public Serv Co of Public Serv Co of May 13 26% May 1 28% Apr 8 81 Jan 2 25 Sep 8 34% Dec 10 87 May 16 26% Dec 11 29 % Jun 18 36% Feb 4 73 Jun 23 84% Nov 5 Jun 3 Jan 5 25 Sep 15 27% Oct 30 24% Jun 22 27% Jan 20 24% Jun 9 27% Feb 24 2 92 Jun 4 Jan 6 4.08% 3 109 101% Jun 18 109% Jan 6 4.70% 35% Sep 15 43% Jan 20 Pullman 39% Mar 20 56% Oct 16 106% Aug 11 25% Apr 17 138% Jan 3 24% Dec 15 27% Nov 43% Jan 21 11 69% Jan 23 110 Apr 35% Jan 148 Jun 27% Feb 28 4 18 5 __ 102 6*% Jan 2 2 109% Mar 4 25% Aug 31 42 % Sep 14 103 Jun 131% Jun 17 30% Mar 146% Feb 2 20% Sep 15 25% Jan 2 23% Jan 2 29% Nov 25 21 Nov 19 29% Jan 72 9 81% Dec 68 Jun 18 79 9 Jan 8 3% Nov 14 4% Oct 9 3% Jun 4% Jan 11 18 88% Jan 2 97% July 18 40% Mar 5 48 For footnotes see Aug 29 page 26. 2% Oct 3% Sep Jan Serv $1.40 Industries Pure Oil 5% Inc 6% Nov 40,100 19% 200 2,166 16 Va 3,600 33% 33 Vb 15,800 102% 101% 102 Va 16% 16% 34 760 Corp 23 % 23% 107% 107% 106% 96% *94% 96% *94% 96 *103'/a 104% *103 104% 107 107 23 23 * 108 10% 10% 10% 103/4 . 107 10% 28 28% 87% 45% 46% 45% 46% 99% *97% *92 99% 95% 27 *25% 27 *95 95% 20 55% 20,900 98% *97% 99 % *97% 99% *92 95% *92 95% *92 26% *25% 27 *25% *95 97% 55 55% 80 97% 54% 12 *11 35% *98% 100% 20% 20% 35% *99 20% *973/4 95 95 55% 56% *11 12 35 353/s *99 100 20% 20% 12 34% 87% •*', 25,400 100 95% 12 35 _50 100 2,100 *99 100 21 21 2,400 4,100 20% *105 — 20% 20 20% 81 % 80 80 — — 20% 213/4 80% 80 80 *80 81 80% 80% 80% 80% *79% 80% X46 46 46 46% 45% 46% 46% 46% 1,800 12% 123/4 12% 12% 123/4 12% 12% 1,600 20% *78% 12% 21 % 20% 54% *11 35% 100 *105 *105 *86 *80 *159 163 *159 163 *159 163 *159 163 *161 163% *161 163% *161 163% *161 163% 53% 6% 7 7% 53% 7 63 63 20 ' 6% 7% 14% 14 613/4 63% 60% 60 Va 63% 63% 20% 13 Va 14% *60 Va 20% 613/4 53% 54 62% 14 61 .... 53% 14 Va 13% 20 53% 6% 53% *148 21 21 149 149 «... * 53% 1,300 - —— — — — 5,700 6,500 14 12,600 60 Va 61% 470 63% 63% 900 *20% •148 21% -- 22% 22% 22% 22 22% 22% 22% 93 % 93% 93% 93% 93% 93% 93% 94 11% *11% 24% 50 7 22% 25 15,800 *863/4 45% 44% 35 28% 28% 45% 53% 80 190 17,800 87% 87% 44% *11 10% *86 27% *86% 45% *95 28% 100 107 28 28 27% 87% 26% 10% 10% 100 1063/4 12 1,100 20 3,300 620 100 *11% 12% *11 Va 12 *11% 25% 25% 25% 25 % 26 25 % 25% 4,900 35 34% 35 35 35% 1,500 12 35 Va 34 Va 34% 35 14% *14% 14% 14% 14% *14 14% 14 14 17% 17% 17% Xl75/a 17% 17% 17% 17% 17% 3,500 9% 9% 9 % 9 Va 9% 9% 9% 9% 9% 19,200 37% 36% 36% 37 37 37 37 *36% 37% 400 68% 68% 68% 68% 69 69% 69% 69% 69% 6,400 10% 10% 10% 10% 10% 10 3 a 10% 10% 10% 6,600 773/4 *77% 78% *77% 77% 7734 7734 77% 77% 260 34% 34 34V4 34 34% 2,200 3534 35 Va 35% 35 Va 4,400 400 82 % 82 % 60 82 A 24% *24% 25% 25% *24% 25 % 400 24% 273/8 *26 % 27% *26% 27% *26% 27% *26Va 27% 25% 25% 25% 25 5 a 25% 25% 26 Va 18,300 25% 25 /a '25% No par 25% 25% 25% 25% 25% 25% 25% 25% 16,700 99% 98 99 97% 97% 97% 97% 106. % 100 No par .-100 5 com 100 1st preferred Ralston Purina Co 3% % 22% *107 *95 97 100 25 -25 1 Raybestos-Manhattan 2T 108% 19,000 34% com (The) 15 47% Mar 25 19% 19% 133/4 45 Va 105 7' /4 54 common RKO 96 *44 5 preferred Theatres X13% *103 No par ——10 No par RKO Pictures Corp 14 /8 1 Corp of America com—No par $3.50 J;*'4 " No par 5% Dec 26 ols/ 35% Indiana—No par 4% Jan Feb ™3/ Quaker State Oil Refining Corp—10 Radio 300 !* /8 Inc Co preferred 22% *148 J* L'\y com Colo & Gas Quaker Oats 14 45 104% 1,700 33 93 % 26/2 preference (The) 33% 102 500 140 *31 31 *139 22% com—No par preferred 100 cum preferred 100 conv 34 10% 20 Va *£ ■ 1 preferred El div 16 Va 16% 102% 104% 633/4 No par 15 '35 % Sep 86 Pub 19% 107% 61 61 63 preferred series A—50 preferred preferred 4.90%preferred Nov~18 2 2 16 Va 33% 102% _ *44 *102 19 107% 12Va 163 *159 163% *161 54 53 7 6% 13% 13 Va No par 10 Co 4.32% 26 18% *103% 13 100 5 3% % 22 16% 33% *105 1 Gamble cum 27% Aug 6 103% Nov 20 24% Jan 24% Jan 92% Jan 102% Jan $4.75 18% 13% 13% 45 104 Va 103% 81 Pressed Steel Car Co Inc com Publicker 13% 107% 46% B 62% May 80 140% 103% 46% common 31% Sep conv 4,600 31% 95% 5 Electric & 39,800 44% 31% 107% 1 Pocahontas Creek & Poor 18% 443/a 30% 102 *95 No par Co Plough Inc Plymouth Oil Co 98 33% 108 21% preferred Sep 10% Sep 23% Sep Feb~l4 17% 31% 31 101% 95% 21 % 80 81 Pittsburgh & West Virginia——100 Pittsburgh Young & Ash pfd—100 (The) 22% *105 100 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 5%% 1st series prior pfd__-_100 Co Xl6% *25 % 95 95 54% 53 12 12 35 34% 100% *98 Va 20% 20 Va com—No par (conv) Consolidation Pittston 16% 26% 2 RR preferred $4.80 37% Mar 15 12% *92 100 100 preferred—No par convertible $5 16 Jan" ~~3 10% 27% *86'/a 45 98'/a 3 100 — Pitts Coke & Chem Pitts 18% 453/a *30 *44 3,800 31% 31 *102 35% 18 140% 13% 3534 44% 140 45 200 35% 44% 140 103 Va 39% 106% 18% 104 *107 preferred series preferred C 13% *44% *102 37 *37% *105 31% 107% 104 —100 Ltd common—5 & Co 28% Oct 11% 95% Phillips Jones Corp com No par 5% preferred 100 Phillips Petroleum No par Phoenix Hosiery5 Pillsbury Mills Inc common——25 $4 preferred No par Pitts 29 % 108% *108 100 Corp common preferred series A Pitney-Bowes 35% 139 138 18% 33% 18 Va 44 *31 Va 39% 1.400 100 5 91 31% 35% 37 % 106% *105 23% j 22% No par 27 31 18% 44 *37% 39% 7,200 Nov Dec 18 44 37 Va 37% 106 Va 35 35 31 Va * 36% *37% *105 32 Va 36% Jan May 3 98% May 10 34% .18% 102 38 Va 33 88 20 16 Va 33 102 36% 106% *105 31% 21 101 4,000 38% 37% 32% 28 13 37% 36 Va 36% 32V4 27 13% Mar 15 1,100 33 Va Apr 95% Feb 3,800 12% 31Va 8% Sep Morris 80% 12% 323/4 preferred Philip 80 123/, 32 % $1 conv preference com 3%% 80 12% 33 80 18% Jan 79 12% 32% 26% Nov 12 79 12% 32 8 26 79 123/4 32 12 108 78 123/4 33 12 Feb 108% Nov 77% 12% 31% Apr 20% Feb 7 120 78 32% 36% Nov 2 10 29% 32 90 Jan"" 15% July 29% *29 33% 3 96 Ms Jun 104 *29 29% 31% 2 4 29% *29 32% Co 83% Jan 108% Mar *29 29% 12.50 Corp Phila 26% Jan 8 18 Va 100 preferred 4.3% preferred 4.68% preferred Phila & Reading Coal & Iron *103% Jan 29% 29% common—No par Phelps-Dodge Electric *29 29% 103% *102 1 com (conv) 29% 45 45 5 Inc preferred *29 *29 35 35 18% 18% 44 42% 31% *30Va 134% 137 31 *30 13% 13% 100 5 Co Brewing (Chas) 2nd 4% 29 106% *105 No par 3.8% 33 2 23% 29% 77% *12% 35% 37% 100 33%c preferred of America *22% 29 100 Petroleum Corp 23 23 28% No par 50 10 5 common *22% *22'/a 10 7 1 100 Corp com 15% May 21 23 *124 Glass Sand Light Co Pennsylvania RR Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples Gas Light & Coke Peoria & Eastern Ry Co Pepsi-Cola Co Dec 30 No par Co 38% Dec 67% Jan 5,900 _25 preferred 107% Feb Power *7 7% *7 13,300 —No par prior Ford & 2 34% Apr 6% 6% 27% 10 24 6% 6% 25% Jun 8 4,900 98% 27% Jun 27 73 Va *97% , 6% 27 29 72% 98% 27% 101 Oct 73% *97 Va *24% Penn Coal & Coke 17% Feb 600 71% 98% 85,100 6% 5 46 48% 24% Penney (J C) 29% Dec *47 27% 11 22 *97% 47% 6% 29% Jan Dec 59,200 47% 24% 108% Feb 33 71 98% 4 49 71% *47% 10% 27% 4 15 71% *97% 8% 10 6% 28 25% Oct 71% 98% 3% 10% 27% Jan 23% Jan 72 71 % 4 10 24 Corp Penn-Dixie Cement Corp 105 49 3% 4 10% 6% preferred $1.32 preferred $1.30 preferred 14% Apr 23 *47% 50 3% 10% 23% Corp Peninsular Telep common 80 % Dec *8% 30 27 % Corp Distillers $1 15 8% 10 Va 660 1 conv 15 323/4 4 *97% Mines 5% 9% 33% 5,300 , 1 Corp Pictures Rust Penick 4 9% 49 100 Tilford Davis 37% Aug 19 30% Dec 2 Sep 30% Sep 5 4% 9% 5% 5 13,400 1 Paramount 34% Jan Parker 5% 10,800 . Transportation No par & Enterprises 5 15 & 5 4 1 preferred 15 10 410 4,800 1 29 65% Mar 19 29 1373/4 5% Sep 9 52% 28% *137% 24% Sep 23% Oct 7 52% 28% 137% 16 14% Aug *68% 52% 28% 137% 14 72% Dec 60 70% 70% 52 *68% * 138%. % Jan 19 28% *137% 9% Jan 30 52 28% 137% 30% Mar 13 Dec 70 51 28 137 % 43 11 70 51 27% 138% 28 €3% Oct 70 51 27% 420 *137% Tin 4% 19 70 50 397/,, Panhandle East Pipe L com—No par 29% Nov 30 69% 491/2 160 2,800 40% 40 115% Oct Nov 69 % 27 % 40% 1153/4 64% Oct 29 40 115% 91 26% Aug 27 39% 8% 115% com Pan-American Petrol & Transp 27% Aug 10 39% 8% 115% 13 20% Nov 8% 39% *38% 8% 1153/4 29 27% Sep 8% 15 81% 8Va * 115% 83% Dec 5 82 115% 100% Jun Jan 15% 81% 1151/4 2 10% Oct 15 82 100 100 Telep & Teleg preferred 9 34 15% *81% 223/4 115% 93 17 7,700 xl5 15 81% 15% 8 30 34 % 59% Jan 29 6,900 40 12 20% Jan 79% 22 5/a Apr 35% Nov 78% 33% 41 2 79 39% 10 20 78 23 33% Jan 16% Oct 78 34% Pan 31% May 76 39% Packard 23 8,100 22% 19 Dec 48% 33 Va 26 5 48 393/4 6% Jan 33 481/4 22% 11% Feb 2 47% 34% 2 10 48% 85 40 14 2 471/4 *83 34 8% Sep Apr No par No par 10 25 40 84 39% 3% Dec 17 *38% 84 82 8 600 84 *82 22% 8% Apr 6% Nov _10 2,600 39% 22% 2 29 143/4 *81% 8% 43% 39% 34 Va 7 98 % Mar 15 82 8 431/2 39% 12 1 14% 44 40 22% Jan May 13 76 10.100 43% *391% 34 5% Dec 52% May 25 88% Mar 25 75% 39% 13% 393/4 12 2 75% 43% 39% 13% 34% 7 Mar 47% 43% 39% Shares 14% 40 16 33 46% 43% 14 22% 30 4% 47 74 5 common Pacific Western Oil 8 83 141/a 22% Oct 9% Jan 82% *81% Inc Mills 9 9% Nov 85 14 the Week Dec. 4 337/3 Pacific 22% Feb 39% Friday Dec. 3 No par Pacific 22 43 % 39 % Sales for Thursday Lighting Corp new___No par Pacific Mar 17 30 43% 100 preferred Co 13% No par Inc com Fisheries PRICES Dec. 2 46% 12.50 Co HIGH SALE Wednesday 13% *83 5 Corp Corp Pacific Gas & Electric 4% Apr 21% July 16 39 % Pacific Finance 8% Jan Jan 43 % 2.50 preferred noncum preferred noncum 2nd 2 20 34% Nov Glass conv cum Pacific 73% Mar 26 55% Jun 46 4% 5 Mar 48 30% Dec 49 14 Mfg Fiberglas Pabco Products 20 Mar 10 88 Oct 2 Mar 17 Mar 18 13% No par Owens-Illinois Mar 12 7% Oct Marine & AND Dec. 1 5 common Outlet Co 23 30 Tuesday Nov. 30 No par Outboard 41% Dec 2 25% Jan Monday Par Elevator Otis 21 19 Jan 51 STOCK (The) Corp 42% Oct Feb 19 35 Omnibus 2 45% Mar 25 35 25% Mar 22 YOKK EXCHANGE Lowest Highest 8% Apr NEW Range Since Jan. 1 Highest Year 1952 Lowest LOW 1 *10x., 1 42/a 45 % *108 25% 99% 35% 82 *99 106 Va 105% 42% 42% 34% 34 35% 35% 35 Va 82 82 82 25 25 25 105% 43 46 46% 45% 109% *108% 109 % 28% 28% 139 139% *21% 22 *82 106% *105 Va 106 % 42% 43% 42% 43% 42% 42Va 7,000 48% 22,600 109% 46 % 48% 48% 49 Va 48 % *108% 109 % *108% 109% *108% 29 Va 10,700 140% 140% 140% 140% 360 22 22% 22 Va 22% 22% 500 22 24% 75 Va 23% 24% 75% 75% 3% 5% 107,000 1,400 28% 29 29% 139 % 139% 22 22% 22% 24 23% 22% 75% 75% 75 75 75% 75 3% 3 3 4% 4% 5 4% *91 39% 40% 3 4% *91,, *39% 93% 40% 750 *105% 75 3 3% 4% 93% 83 *105% 21% 1 No par 25% 28Va 28Va 139 140 21% 21% 100 — pfd *99 82% 34 *91 40% 93 40 Va 29 29 3 . 3 3 4% 5 5 *90 93 91 92 41 41 40% 40% 19,700 63,400 30 800 23 The Commercial and Financial Chronicle 24 Monday, December 7, 1953 ... (2216) Con,inued-Pae810 NEW YORK STOCK RECORD Highest Lowest l 37 30 8 12% Dec 25 V* Feb 4 34 Vi Dec 22 Feb 20 41% Dec 9 36 30% Jan 15 35% Dec 19 32 % Sep 14 11% Feb 11 13% Jan 8 12% Jan 6 29% NOV 1 16 % Oct 6 22% Mar 23 18% Jan 22 4 13% Oct 30 July 26 17% Jun 12 Sep 50 50 Bit Roller 33% 9% 9 SALE PRICES Sales for Thursday Dec. 2 Dec. the Week Friday Dec. 4 jt Shares 26% 23% 26% 26% 26% 26% 26% 26% 33'% 33% 33% 33% 33% 34% 34% 34% 800 9% 9% 9% 9% 9% 9% 9% 30,300 26% 27% *27'% 27% 27% 27'% 600 9 27 6.100 *36% 37% 36% 36% *36 37% *36 37% 37 % 100 *32% 33 33 33 *32% 33 *32% 33% 32% 33 300 Mills—„—5 Silk Hosiery Reed *23 29 *28% 29 % *28'% 29 % 29 29% *29 % 30 200 No par 17 17 16% 17 16% 16% 16% 16% 16% 17 1,400 12% 13% 13 13 13 13 13 13% 13 13'% 2,400 4% 500 Co 26 Bros Inc *—50c (Robt) & Co— $1.25 div prior preference 10 Reliable Stores Corp .—No par Reliance Mlg Co common 27% Reeves 16 15% Jan 15 *32% 27 HIGH Wednesday I *26% Real 5 Dec. 2?'% 6 8 41% Feb Mar —25 5 50 Raytheon 6 33%, Jan 26% AND Tuesday Nov. 80 —1 common Reading Co common 4% noncum 1st preferred 4% noncum 2nd preferred 9 36 Monday Par preferred Mlg Co $2 15 14% Mar 18 36% May 12 26% Oct Inc Ravonler 5 34% Jan July 20 Sep 15 STOCK EXCHANGE 35% Jan 14 Sep 31 15 9 % Sep 22 4 36% Sep 24 33% Dec 19 Dec YORK NEW Range Since Jan. 1 Lowest Highest Year 1952 24% May LOW STOCKS Range for Previous *36 Reis 5% Dec 7% Jan 10 Jan 7 25 7 30% July 24 27 14% Jan 19 26 54% Apr 29 62% Jun 1 21% Jan 2 13% Sep 21 19% Feb 2 98 % Dec 16 84 Sep 14 97 Jan 23 24% Nov 24 18 Aug 14 58 17% Oct 16 90% Feb 19 18% Ja n 3 27 2% Sep 17 14 11% Jun 14 10 24 115 28% Jun 16 35 4% May 18 32% Jail 40% Jan Nov 27 24 14 Rheem 18% Dec 16 29% Jan 2 13% Sep 14 17 48% Jan 23 27% Oct 21 44% Mar 10 2 19%. Dec 4 16% Sep 15 21% Mar 33% Jan 35 % Jun Nov 25 40 16 7 23 6 x99 2 100 24 Apr 23 92 3 29 18% Feb 15 19% Oct 29 24% Jan 3 15% Dec 2 65% July 15 50% Sep 17 12 10% Apr Dec *115% 117% 29 4% 13 Ronson 30 Royal Nov 19 Ruberoid 200 41% 41% 41% 41% 41% 41% 41% 41% 41% 4,900 6 % 6 % 6% 6% 6% 6% 6% 6% 6% 6% 46,800 par 49% 49% 49% 49% 50% 50% fill 5% 5% 5% 2.800 40% 41% 40% 41% 36,900 60 *54 86 *85% 103% 103% 25 24% 24% 25 *54 60 86 *54 60 85 % 103 % 86 60 85% *104 103% *54 85% 105 25 25 60 *85% 104% 25% 86% 105 3,000 390 25% 25% 2.200 51 52% 8,300 51 % 51% 51 52% 51% 51% 24% 24% 25% 25% *25% 26% *25% 26 % 8% 8% *8% 8% *8% 8% *8'% 8% 1,700 13% 13% 13% 13% 13% 13% 13% 13% 13% 3,400 28% 50 50 % 8% 13% -20 52 25% 8% .— 29 29 29 29 29 28% 18% 18% 18% 18% 18% *24 25 24 % 24% 24% 24% *41% 41% 41% 41% *41% 20% 20 Vb 20% 20% 18% com—1 25 Corp—No pat- 29 *28% 400 29 1,500 18% 18% 18% 2,000 24% 18% *24 24% 24'/a 300 42 41% 42 42% 42% 800 20% 20% 20% 20% 20% 6,200 Co—5 20 20 145 145 *142 145 *143 145 *142 145 144% 145 loo Axle & Co 4,600 5% 40% 25% par preferred 51% 50% 5% 40 % 24% par A Controls 51 5% 41 104 86 100 1 series 50 5 5 40 % 103% 100 common— *99 102 *99 102 *99 102 *99 102 *99 102 common Works Inc Art. Metal 7% 1 (The) 62 No par (Jacob) *12% 5 7% 7% 7% 16 7% 7% 7% 7% 7% 300 7% 7,800 15% 15% 15% 15% 153% 3,400 55 56 55% 55% *55 56 1,200 12% 11% 12% 12 12 300 16 15% 62 15% 1 Typewriter Co *114 41% preferred series A Happen 17% Mar 23 114% No par *54 Gas & Jan 62 1 114% series— Inc conv 22% Jan 30 17% July 18 114% series preferred 10% Jan 4 Jan 54 114% *113% 114 5'/a Haas Jun 103 Nov 9 % Dec 114 Co Spring 6%.Sep Apr A—100 41% Rohm 9 115 4.50% 5%% 20 22 21,500 5 Rochester Nov Jan 2,800 48% 41 Rockwell 21% Nov 155 10% 43% 1 4 42% Dec 146 1 May 10% 49'/a 2.50 Robertshaw-Fulton 14 24 19% Oct 110 * 3 25% Aug 22% Oct 10% Corp— Mills Robbins 3 16,300 10% 48% —No No Antelope Copper Mines Roan 20 3% 10% 48% Rltter Company 27% Mar 16% May Oil 3% 10% 48% Manufacturing Co Richfield 3'/a 3 10 % 43% Brass 4.50% 5 3 10% 48 10 (It Jl 3 3 3 10% 48% .—10 Tob class B_ 9 35% Dec - Reynolds 3 Vu 3 500 10% Metals Co coin—-No Jan 8% Nov 97 48 Drug Inc 26 % Jan 23 6 Vb Apr 50c prior pfd series Reynolds Spring 29% Mar 18 65 9 5 conv Preferred 14 7% Sep 5% May 13 6% 97 ,_No par 10 Preferred 3.60% Oct 22 *95 95 l,2uu Common 22% Sep x^'5 12,800 8,000 5 43% Sep 10 97 *94 40 ■ 22% 5 9 27 % Dec 14J,8 95 % Jan 107 14% 21 Vb Republic Steel Corp com Aug 10 12 Jan 74% July 5 Mar 5 33 14 53% Feb 23% 5 14% 22% 58% July 21 27 99% Jun Oct Dec 107 14 J/2 95% 90% Jan 53'% Jan 80 % Jun 30 47 3 2 85 28 92% Apr 25 5 Jan 101V4 Jan 14% *21% 3 9% Mar 20 24 xl4% 21% Reynolds 40 % Nov 14% 22% 16 43% Dec 22 2 14-% 21% Jan 56 14% *94 Revere Copper & 49 14% 100 800 22% Rexall 14 59% 21% 30 21 *57% 22% 22 4% Sep 59 % 21% 6% Apr 42% Sep *57% 22'4 42% Oct 2 58% 58 21% 7 30 53% 22% 13 10% Jan *57% 10 22% 5% Feb 67% Jan 58% 29 *9% 21 % 31% Apr 23 *57% 4 % *28 22% 3 21 10 22 '/a 2 July 29 *9% 22% 12 Oct 9% 21% Jan 6% Oct 5 48 4% 27-,2 9% , 1 Dec 6% Jan *4% 27% 9% 4% 28 Republic Aviation Corp Republic Pictures common.. 115% Mar 17 108% Jun 4% 2.% 9% 4% 1 Motors 9% Sep 40% Sep 108 % Jun 31 47% Dec 4% *27 Va 9% 50c common. 4% 28% 9% *27% Inc Reo 52% Mar 17 12 * *4% *27% 5 100 series pfd 3%$> Remlngton-Rflnd $4.50 preferred Mar 18 19% Jan 5% Jan 6 16 Couv 23% May 25 19 11 22 % Nov 10 3% Nov 9% Jun 37% Oct Jan 10% Mar 29 19 13% Jan 31% Feb 23 9% Nov 10% July 23 52% Sep 7% Mar 20 27 Sep 3 28 8% Oct 4 % Nov 25 X56% 56 % 12 12% 38% 38% 90% 91% 91'% * 114116% 32% 33% 19*% 19'% 25% 25% *115'% 116% 33% 33% 333% 33% 19'% 19', 19'% 19'% 25 y8 25% 25'% 25 3% 25'/a 25% 12.300 63% 63% 64% 63% 64'% I,500 12% *11% 15% S 29% Feb 38% Aug 9 99% Feb 21 81 Jun 12 10 107 % Nov 26 103 Feb 26 11 93J/4 Nov 32% Jan 23 35% Nov 26 29 Oct 99 3% Sep 84 9 Stolen common preferred 4% Feb 54 23 6 63 63 *222 *' 233 *222 230 *222 232 230 235 *222 235 *130 175 *130 20% 175 20% *130 175 *130/ 175 *130 17 31% Dec 23 23% Sep 14 33% Jan 30 27 75 Dec 30 61 Sep 14 77J/3 Feb 2 Preferred series A 5% 205 Feb 8 312 Dec 3 211 Sep 15 312 Jan 5 St Louis Southwestern Ry 150 Oct 7 175 Dec 5 150 May 26 160 Sep 14 16% Jan 9 24 % Feb 6 4 97 May 29 171/4 Sep 91 J/2 Sep 11 24 Dec 31 21 Mar 96 Nov 12 27 Jan 13 17 2 11 Va Sep 2 20 Sep 21 15 28 Jan 11 49% May 18 % Jan 33 % Jan Sep 15 17 59 1 87% Oct 30 26% Oct 85 Feb 13 Oct 20 81J/2 Jun 31% Jan 2 30 2 Jun 19 Feb 10 17% Dec May 21 68 J/2 Jun 15 79% Jan 36% Sep 14 21% Sep 15 2 4 86 19V2 Jan 12 24% Dec 1 Oct 72 103% Apr 15 , Oct 6 90 fund 12% Feb 13 16% Sep 13 Sep 1 17% Mar 24 29 62% Dec 56 '/e Apr 17 62% Dec Sears 18% Jan 15 23% Dec 31 20 J/4 Sep 11 9 J/2 Oct 27 14% Jan 29 8% Sep 7% Feb 25 13% Dec 29 Mar 13 82 '/a Nov 26 68 Dec 20 43 Oct 16 42% Jan 30 x8 % Feb 28 33 10 J/2 11% 11% 11% 22% 22 Vb 22% 22 22% 22 22% 18,200 12% 12 Vb 12% 12% 127a 11% 12% 23,800 *88 10() 85 100 *104 85% *104'% 105'% 104 % 104% 104% 104'% *104'% 106 20 17% *17'% 17% 17% 17% 17% 17% *17% 18 400 100 *75% 76'% *75'/4 76'% *75'% 77 *75'% 77 Co— 40 _No par 23 J/2 Sep 29 37 83a Nov 23 11 J/2 Oct 38J/4 July 24 15 17% Mar 12 66 % Mar 22 21% 21 21 21% 22 *21% 22% 9% 9 Vb 9'% 9% 9'/a 9% 9% 1,200 7% 7% 8'/a 7% 7% 7% 7% 15,700 No par *61% 62'% 62 62 *61 T 41 Va 41% 40% 41 40 No par 36 36 '/4 36 36% 36% No par 1 58% Mar 15 2 7 40% Jan 25 21% Jan 14 143 30 Sep 14% Sep 121 14 10 11% Jan 15 Mar 26 Dec 23 47 Oct 53 May 69 Jan 14 34 Dec 53'% Feb 5 Jan 13 16 7% Feb 27 1 Solar Aircraft Co South Amer Gold South Carolina 5% E & G Co 12% Jan 2 19 16 J/4 Feb 2 Southern Co 11 27% Feb 24 South 5 33% Feb 10 23 Jan 11% Oct Jun 15 47% Dec 23 36% Sep 36 J/4 18 76 Dec 29 73 Mar 30 80% Oct 23 16 Jan 17 12 Oct 28 15% May 25 15 7% Mar 17 38 66 5 Aug 6% Jan 29 4 6 Oct 28 100 Feb 21 38 J/4 Apr 16 Feb 9 52 17 15 Sep 11 49% May 20 Southern Sep 21 40 4% Sep May 21 2 7% Mar 25 15 Nov 13 59% Dec 4 106 9 103 Oct 2 19 44 Feb 18 57% Jan 2 52% Jan 19 61 Dec 2 May 16 26% Jan 7 98J/2 Feb 2 101 Oct 19 12% Sep 35% Sep 14 19% Jan 5 103 17% July 18 31'/2 May 1 7 J/2 Nov 16 45 J/4 Dec 63% Nov 18 73 Jun 13 25 % Feb 26 34J/4 Dec 8 ?21% Aug 31 31% Jan 22J/4 Jan 2 28% Dec 11 *25 29% Mar 18 80% Jan 2 12% Jan 2 92% Apr 3 18% Oct 28 :eo% May .5 12% Sep 15 10% Jan 3 18% Nov 26 10 J/2 Jan 12 3 5 J/s 53 14 49% Mar 20 Sep 14 Sep 22 67'% Mar 23 Sep 10% Sep 9% Mar 19 15 15 „ see page 26. 6 Feb 11 17% Jan 6 91 ; 20'% Mar 18 —*e For footnotes 13% 4,200 13% Pacific 13'% 30% 30l/4 *37 38 13% 13'% 13 % 13% 30% .30'% 30% 30% *37% 37% 37% 37% 13% 30% *37 13 R 30% 37% 13% Gas & Co Railway 35% 36 35% 36 36 367 36% 37% 37% 37% 9.000 26 273% 26% 27 26% 27 26% 267a 26% 8% 8% 8% 9% a 8% 8% 8% 9 40 39»% 40 40 40 40 40 *39'% 40% 45 45 45 45 45% 46 46'% *45 47 17% 17% 17% 17% 17% 17% 17% 17 17 % 1,000 15'/4 15% *15'% 15'% 15'% 15% 15'% 15'% 15% 15% 2,000 35'% 54,700 16'/a 3,500 15 1 com_4.50 33% 16% *133 4% 14% *47 34% 16'% 140 5'% 14'% 50'% 34'% 16'% *133 5 14'% *47 34% 16% 140 5'% 14% 50'% 34% 16'% *133 5 14'% 351% 35 16% 16 % 140 16% 34% 16 140 *133 5 5 5 5 14% 14% 50'% *48 14% 50'% 15% *48 5,100 II,100 37'% 34 36 Va 35 34% 35 *34'% 34% 34% 34% 35 35 35 35 38 37% 37% 37% 37% 37% 38 38 38 Va 13.300 15% 16'% 16 16% 16 16'% 157a 16'% 16 16% 37,000 25% 26 7.50 No par common„No par 38 *34% 38%34% 36'% 34'% 26'% *25'% *25'% 26 26 26 26 27% 27% 27% 27% 28 27% 28 27% 28 38% 38% 38% 38 38% 38% 39 38'% 38 % 26,800 42 42% 41% 42 % 17,500 38'% 38'% 38'% 38% 1,400 78 % 79 % 78 % 78% 26 41% 42% 37% 37% 79% *78% 79% * Spalding (A G) & Bros Inc 1 Sparks Withington Co No par Spear & Co common 1 $5.50 preferred No par Spencer Chemical Co common 6 4.50% conv 2nd preferred 50 12% 13 13 *12% 13 *12% 13 *12% 4% *5'% 5 5 4% 5 4% 5 4% *104'% 108 50 ct.fs — 58 6 58'% 13 4% *5% *104 58 6 1097% 58 42 42% 38 38 *5% *104 58% 6 1097/a 59 , *5% *104 59% 6 109% 59% 5'% *104 59% 13 4 74 5'% 59% *59% 60'% *59% 60'% *60'% 61% *60'2 61 % *100% 101'% *100'% 101'% 101% *100'% 101 % *100V4 14'% 14'% 14 14% 14 14 % 13% 14% 14% 14% 46'% 47 46% 467i 46% 47 46% 46% 47% 1 2 (stamped)-No 6% par 56'% 567%. 56% 65% 6% 7 27% .27%%. 27% 57% 28% par 267s 27 .IrRJ 26% 27 $3.50 preferred No par Standard Coi* Products Co Inc l Gas & Electric Co_No par *86% —5 standard Brands Inc com—No 160 600 5,200 200 1,600 101 % 1 Spiegel Inc common 600 6.700 10974 100 preferred Spencer Kellogg & Sons Sperry Corp (The) 400 27'% *78% tr 3,400 38 78'% , 14% 50'% 37% Elec—No par (Del) stlc $4.50 pfd D Cq^. 130 25 preferred & Ohio 450 140 5'/a *47 35'% *133 42'% Standard 8.200 17% 38% Square 2,800 9% 44'% 78% Conv 26% *39% 41% 4.60% 200 41,500 38 non-cum Mobile 1600 37 % 33 % 100 5% 30 29% *37 33% (The) Indiana South'n Dec 49 23 99 J/2 Jan 9 J/2 Jan 103% July 2.300 33 % California Edison 49% Mar 18 4% Sep 15% pfd—100 Southern NafurarGas Co 16 23 15'% 5 Southern Dec 15% South Porto Rico Sugar com.No par 8% preferred 25 39% Mar 16 Dec 15% 50 40 30 15% 33'% preferred 33% July 26 15% 33% Platinum. & 33 J/2 Jun 10 15% 1 42% Jan 16 22 l5'/4 3278 Co Solvay American Corp 4% 38% Nov 20 16 15 15% 2,500 5 G Nov 15.500 8% 8'% *24 32% Inc 14 28 77% 8% 24% 100 Apr 21% Apr 76 % 8% *24 100 May 38% Oct 77'% 8% 24% No par 34 13% Sep 22% Jun 76% 8% *24 32% — Inc 38 16% Nov 76% 8% 32% Socony Vacuum Oil Co Inc 52 50 J/2 Dec preferred preferred 5 21% Mar 20 12% Dec 9 100 75% 8% 37% Jan 140 3 4 Mar 13 12 17 24% 76 Inc common—20 Smith-Douglass 6% Dec 8% Jan 24% 8'/4 ' 1 7 45 J/2 Jan *24 *75% 10 Smith-Corona 5 9 000 32'% Corp 6 Sep 11.CC0 37% 25 18% Jun 18 4% Sep 3%% 4.20% 42'% 37'% *61 No par 21% Mar 18 14 Jun 4 25 50 40% 37% 8% (Alexander) 70% Feb 62% 42% 37% 76 Smith 15 61% 41 37'% 24% 27m' 21 61 J/2 41 8% 17% Feb 42 J/2 Oct 62 % 7'8 75 1 — O) 900 24% (A 38'/a Oct Oct" Simmons . 13 7 a 1 Co Sheraton Corp of America 5 20 *13'/4 15 Pen Smith 16% July 15 14% Nov 6 16% May A) 8:7 7 32% (W Jan 3 300 7% 5'i 80% Apr 124% May 4J/2 Feb ,6 43% Mar 20 22% Apr 81'% 21% No par 20 81'% x9% No par 20 80 % 8 Co Nov * 6,000 103 % 9% . Simonds Saw & Sleel Sinclair Oil'Corp—: Skelly Oil Co 19% Aug 27 80% 9,100 102 % $4.50 preferred Shamrock Oil & Gas— 3 43% Mar 20, 63 J/2 Nov 53 81'% 247a * 21% 15 3 81'% 81 42% 25 42% 24% 103% 7% 2 32% Mar 43 % 24% *102% 9 V4 May 27 Aug 42% 24% 103% 21% 15 42 42% 24'% *102% 1 13% Sep 14 42'% 24% 103'% 1 17% Dec 23 33 J/4 Oct *80 42'% *75'% 5 Refrigerator Co 2 30% Sep 81 *80 41'% 24 *102'% 77 100 Sheaffer July 16 24'/4 103'% 85% 15,800 Shell Oil Corp Sheller Mfg Corp 48 42% 42 24 *102'% *85 13'% 3 G 85 62% 6 38% Oct 130 85% 106'% *17'% 61% 76% Aug 17% Jan Jan 85% *85 2,400 *13% 11% Mar 25 16J/4 Mar 85 3% 10 27% 27% 13% 26% Feb 34 27% 7,200 103 627a 18 15 21 11 *85 89% 89 J/2 *101 13 % 15 15 27% 27 % 70 69% 89% 62'% 8% Sep 11% Sep 27'% 70 103 62 14 43% Mar 16 28% Sep 86 J/4 Sep *88'% *101 60% 80 Apr 42'% Dec 7 18 27% 69% 69% 89% 103 *13% 27 23 27'% 69'% *88'% *101 5 Seiberling Rubber Co Servel Inc common— Jan 89'% 13'% Seeger July 69 % 103 60'% 26 Dec 27% 69 >/4 *88'/4 *101 13'% 12'/4 Mar 12 49 27% 69J/4 89% 103 59'% 14% Feb 32 68% par 12*/8 14 26% Mar 27 18 140 59% 62% Apr 24 10% Jan 28 200 2,100 11% »ioi r 13 x38% Nov 24'% 59% 24% Nov 13% July 94% 22 25 Co 8 Sep 24 12'/2 5 & .29% Jan 29 87 Mar 15 65% Feb 93 *24 95'% 24 11% 20% No par Roebuck 27 23% July 31 24 130 25,700 20% Sharon Steel Corp Shattuck (Prank G)— 3 15 35% Sep 18 32 Sep 15 *93 95'% *23% 800 22>/4 common 60% Oct 5 31% Feb *93 20% 19 li3/4 preferred-No par Oct 7 96 24 xl9 11% Seagrave Corp 50% Feb *93 *23J/2 No par Seaboard Oil Co of Del Aug 13 95 23% -No par Seaboard Finance Co sink 95 23 % 11,300 12'/» preferred conv preferred— (The) com $5.75 20% 20% 337 a 21% No preferred preferred Seaboard Ail-Line RR 9 20% 300 33'% 11 % 3.35% Mar IT 25 *63 114% 11% Scranfon Elec Co 45% July 31 103% Nov 99% Aug 24 490 114% 5 1.40 preferred 3.65% 29 14% Jan 75% Jan 110 20 «/4 63% 4 115 —15c Corp 4.30% 3 98 19% 115 11% Scovill Mfg Co common 3 15 J/o Jun $4 19% 10 Paper Co common $3.40 12 3 16 J/4 Oct 75 Scott 25 105 100 Arms Corp Schenley Industries Inc 6 Feb 86% Feb 30 1 series A— Scherlng 12 91 % Jan 18 98 - 5 Savage 6 6 70% Nov 16 Jan Jun 35% Jan 103 54 85% Jun 89% Apr 29 116% Jan 30 23 29% Oct 10 Dec 94 Apr 21 105% Jun 30 30 102 Vt Oct 100 Electric Co Sangamo Mar 23 15'/a Mar Co _10<) 1st pfd 4.40% 29 Nov 13 23 % Oct 100 5% noncum preferred St Regis Paper Co common 9 14 Sep 12,600 175 St L San 22% Apr 17% Jun 38% 90% 25% 24 conv x60 % Feb x88 38'% 90 91'% 63 1934 Nov 23% Mar 25 38% 25% 7 29 15 90% 92 F Ry Co common—No par 30% Oct 16 J/2 Jun 35'/4 Oct 38'% 38% 90'% 116 33 >/» 43% Jan 5 38% x89% *114 32 *19% preferred 100 St Joseph Lead Co 10 St Joseph Light & Power—No par 4%% 38% x38 3 10 titifewuy 115J/2 Aug 10 87%j *86% 87% 60 *100'% 67 s 61 47'% 6% 6% 57 57% 56% 56% *56% 28 28% 28 28% 26 74 27 267a 27 y4 7 6% 7 250 7.400 7.700 18,200 57% 530 28% 28 7 8 16.500 27'% 27% 9,200 *86% 87% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 2;800 13 13 13 13 127b 127s 13 13'% 13% 13% 8,900 *87 88 *87 87% Number 5279... The Commercial and Financial Chronicle Volume 178 (2217) 25 X NEW YORK STOCK RECORD 50% Jan 3 16 72 Lowest Highest 703/4 Oct 49 y4 64 y4 July 23 Mar 15 Jan 25 67 15 Sep 15 Sep 21 May 11 ' 23 47% Jan 22 31 Jan 10 100% Sep 18 94 11% Oct 30 15% Jan 5 93/4 Nov 19 8% Sep 17 Nov 28 40% Feb 5 3 113/4 Oct 30 32% Jan 35% Oct 94 May~~2 45 13% Mar 24 17 32 % Oct 22 43% Jan 31 Dec 23 98 Apr 30 323/4 Oct 29 44% Jan 8 "3% May l i.4% Nov 10 22% Dec 30 17% Sep 2 13% Oct 23 16% Jun 10 16% Nov 21 36% 91 18 July Feb 21 27 3 114% Jan 8 119% Feb Jersey 38 3/4 Jan 5 Standard Oil of Ohio 100% Jan 12 13% Mar 26 33/4% 12% May 11 Stanley Starrett Co Dec 4 173/4 May 25 37 Sterling Drug Inc preferred 6 24 Va Apr 22 % Dec 18 26% Apr 70 % Dec 11 11 % Jan 18 May 8% Oct 16 490 Oct 17 19 Oct 22% Apr Feb 2 18 82% Jan 5 July 7 14 30 16 Sep 15 6 3,4 Nov 17 520 26 25 Jan 102% Jan 2 112% Nov 24 100 10% Jan 24 14% Dec 15 30% Oct 30 35% Jan 22 353/8 Jan 2 417/a Dec 4 10% Mar 13 J17 Jan 6 21% Mar 25 24% Jan 26 23% Mar 26 223/4 Ja» 20 14 32 Nov 6 Jun 18 113 Nov 173/4 Nov 10 2 41% Nov 30 40 Jan 5 86 78 Sep 30 4a/a Sep 15 7% Feb 25 Jan 5 8'% Jan 14 17% Nov 17 4% Mar 11 9:)/4 Dec 16 20 16% Aug 13 46% Dec 23 33 Sep 14 47 % Mar 3 60% Jan 29 49% Sep 18 Dec 31 34 16 27% Oct 16 15 33% 33% 33% 333/e 33% 33% 9,500 1 5 No par 16 128 Oct 16 86 Jan 8 32% Jan 10 % Nov 463/4 Jan 30% Sep 12 195 % Mar 28 Dec 24 46% Nov 18:'/4 Jan 14 13% Nov 11% Aug 31 353/4 Nov 17 10 3/4 Oct 10 143/4 Jan 22 8 Nov 26 i2% Feb 1 7 Sep 11 41 Nov 25 48 Feb 15 40 Jun 4 % Nov 10 4 Jan 18 1% Jan 15 8'/4 Jan 11 15% Feb 8 9% Oct 15 1 59% Dec 16 4iy4 Sep 15 9 98:,/4 July 3 88% Jan 1 97 V2 Jan 2 iy2 Nov 30 3 Va Jan 28 42 y4 May 91% Jan Jun 17 4 22 % Jun 25 31 2 8 3/8 Dec July 28 16 July 28 17 2 Nov 27 17 % Jan 4.40% —12.50 Symington Talcott Inc The 3 Co Water 15% Jan 7 112% Aug 20% Jan 30 3 21 % Feb 15 15 % May 19 443/4 Feb 15 42% Jun 19 47 % Feb 21% Dec 4 16% Sep 18 24% Jan 30 Sep 15 10 15% reb 2 10% Sep 14 14% Feb 2 30 56% Feb 4 27% Nov 19 55% Jan 15 3 14% Aug 6 7 '/4 Nov 23 13% Jan 8 11% Jun 43'/.. Jun 26 50 Jan 27 72'A Dec 32% 323/8 323/8 32% 9,300 No par .—No par 1 83% *103 16% *143i *39% 10 No par 23 104 Dec 30 24% Dec 5 50 46 45% 46 6% 7 45% 7 7% 14 13% 14 133/a 13 13 13 13 13 36% 36% 37 37 *8% 73b 2% *93/e 47% 8% 8% 7% 7% *40 40 *2 2% *9% 9% 47% 1% 16% 8% 8% 2% 2 2% 48% 49 *91 17 31% Apr Jan 30 107 101% Jan 24 s/8 May 1 33% Jan 2 91% May 1 104 % Dec 16 30 % Jan 21 1013A Jan 8 Nov 57% Oct 26% Nov 17 17 12 37'A July 25 88 Sep 33% Sep 21 100 11 13% Jun 16 48% Sep 15 33% Feb 11 4% Apr 69% July 2 5'A Nov 19 Oct 21 74 Feb 8 15 'A Dec 22 21% Jan 15 25 9 5% Mar 21 10% Feb 11 July 21 21 5/8 21% 21% 213/8 12,100 36 36% 36 Va 36% 8,400 12% 12% 12% 12% 12% 4,400 26% 13% 27% 273/8 27 Va 27% 27% 27% 273/4 27% 273/4 16,800 14 14% 14 7/u 14% 145/s 5 1 14% *17 *17 18 15% 112 16% 16 112% 112 1 l63/e 50 *42% 1 (conv) 17% 14% 15 18 17% 17% 173/4 100 16 16% 16% 163/4 16% 165/b 32,200 111 111% 111% 111% 111% 111% 140 2,600 14% 18 *17% 16% 112 16% 16% 16% 16% 43 42 % 42% *42% 173% 173/4 17% 17% &c 51 *50% 51 51 51 50% 50% 19% 14% 42% 20 19% 20 19% 19% 193(, 193/4 193/s 19% 28,900 14% 42% 14% 14% 14% 143/2 143/8 14% 4,100 42% 42a4 14% 43% 14% 42% 43 42% 42% 670 6% 6 % 6 % 6% 6% 63/8 6% 1,300 *42 6% 6% 13 12% 12% *12% 12% 12% 12% 12% 125/a 1,100 29 % 30% 3018 30% 30 % 303/8 303/g 305/B 9,400 73/4 7% 7% 73/e 7% 73/8 7% 73/8 7'3/s 1,500 44 V2 45% 44% 45 45 45'A 45 45% 44 45% 2,800 71% 71 % 71% 71% 71 % 72 71% 713/8 71% 72% 19,000 233/8 23% 233/8 2,200 104% 104% 110 20 No par 233's 23% 23% 23% *103% 104% 103% 104% 31V2 Feb 67 86 Jan 2 23 5% Feb 24 Jan 8 16 Jan 9 61 Mar 19 Feb 10 11 24 18 29 Sep 30 Jan 2 72% Nov 13 15 17% Jan 8 common 50 111% preferred 50 47% No par United Biscuit of $4.50 preferred United Board 23% 104% 103% Oct 13 120 31% Dec 31 119 Aug 27 179 22 159 Sep Jun 9 Jan 175 Jan 2 15% Nov 27 35 Va Jan 23 66 8 563» Nov 36 68 Feb 9 Sep 9 40% *403/8 403/4 42% 43 423/8 43 % 423/8 43% *104% 105% 12,200 300 24,000 233/a 23% 23% 91 90 90% 1,400 37 37 37% 1,200 107 *104 America—No par 36% No par —- & Carton *104 10 15 15% 56% 363/4 >104' 36% IO7 563/4 Corp :.No par No par *26% 4 *15 56% 26% 27% 4% 4 79% 104 104 36% 363/4 107 104 36% 363/4 *104 107 *104 *15 104 15% 107 15 15 15% 15% 15% 56% 5534 56% 553/4 553/4 553/4 26% *263/4 27% *263A 263/8 263/4 4 4 4 4% 80 793/4 80% *79% 4 80% 700 56 1,300 793/4 200 4% 4 27% 11,800 793/4 290 79% 4% 79% 5 4% 5 9% 9% 9 9% 67 68% 68% 71 68 69% 69 69% United 13% 13% 13% 13% 13% 1334 13% 133/4 13 5/a 133/4 4,100 123/4 12 S/8 125/8 3,000 Electric Coal Cos 5 U S U S 7% 9 *83/a 67 5 9% 67 4% 5 13,500 *87/8 9 1,100 590 12% 12% 123/8 123/4 12% 12% 45% 46 45% 453/8 45% 463A 453/a 463/8 453/8 463A 26,200 Corp lo 28% 28% 28% 29% 29% 293/a 293% 29% 29% 18,800 34 34% 34% 34% 700 11% ll'/s 113/8 113/4 12,900 1% 1% 1% 1% 8,900 57% 7,600 City Park Mines Co 1 35 35 *34% 34% 34 Vb 11% 12 1134 11% 11% 12 1% No par No par 56% 56% *98 % 101''J Co common preferred S Hoffman 13% 29% 34% (The)_l Securities prefferred Freight. Co 4%% *83% 5 U S Gypsum U 43/8 No par & Foreign 1st 5 Co Gas Improvement Co & Mfrs Inc.: $4.50 4% 12 5/a Merch United Marl6 May 27% Dec 1,000 43% 40 3/4 6,900 2,200 100 (Del) 1 United Dye & Chemical Corp com.i 7% preferred —100 United 5 41% 41% 91 Cig-Whelan Stores com„30c United 20 473A 41% 22% $3.50 convertible preferred Mar 26 31% Jan 110 47% 48 90 United Corp 3 5 109 473/4 47% 23% United-Carr Fastener 10 2% May 12 65 1091% 47% Xl08% 4 7 3/4 89% 13% Mar 101 108% 112% 90 37% Feb 14 40 90 11'A Sep 15 14 *39 90 Gas 21 40 3/2 89% United Sep *39% series of 1952-100 Mar 27 95% Sep 40% 109 9,200 23% 23% July 22 30 % Jun 17 46 393/8 23% 29% Aug 7 10 97 39% *39% 40 97 40% 103% Fruit 1 90 99 39% 22% Engineering & Foundry Apr *97 40% 103% United Aug 83% 23% United 73 83% 22% 2 102 % 403/4 83% 99 47% 40% 111% 6 47% *82% 34% 39% 43 112 89 *88 89 83% *103% 14 14 *39 104 *88 100 16% Feb 30 43 40 104 90 common—10 preferred Inc 58Va Jan 6 *40% 39% 395/B 23% 23% 104% 433/8 105 United Carbon Co United 5 4 For footnotes see page 26. 4% Feb 5 a/o Jan 5 10 3A Sep 49 iy8 Sep 2 16 3/4 Mar 20 61'/a Jan 25% Sep 23 3% Apr 22 4% Jun 4 21 393/8 *39 _ Sep 28 2 May Jan ; Car Co—J Lines 6% 2934 Nov 19 101% Feb 20 37% Feb 107 40 *50% 7% Carbon series Preferred 4%% 30 3,000 52 13 California convertible Air 200 173/B 29 Aircraft Corp common United 16% 42% 173/s 1 44 343A Sep 9 104 Viz Jan 5% 29 32'A Mar 29 16% 42% 173/B *50% Co—--5 issued" Tank 16% 43 —No par Pacific RR Co Union 17% 50 Rubber noncumulative United *42% 17% 16,900 1 12 May 15% Jan 11 106% Jan 9 16% 16% 43 *17 50 1952 7 18 12ya Oct 24 54% Jan 46% Mar 26 44 Va NOV 600 21% 643A Jan 30 30% July 26 96% Jan 15 70% Mar 19 6 22 21% Nov 23 17% Feb 7 S3% Oct 30 24% Jan 2 3 18 Feb 14 % Oct Sep 23 24 Sep 107 43/4 Jan 3% Feb 39 18% 5,900 36% *97 102 % Jun 3,800 12% 99 31 100 13/4 21 *97 12 92% 35% 99 4% 91 12% *97 Union 50 36% No par _^25 6 50 92% 21 *82% 5 200 12% 83% 50% Jan 500 20% *82% 115% Jan 13/8 93/8 50% 35% 83% 17 100 1% 9% 18% *82 % 15 2,200 2 18% No par Sep 300 7% 10 18% series.. 44% Jun 380 83/B 41 18% $3.50 100 73/8 17% 17 Preferred 25 *83/B *40 1% 873/4 Jan 121 % Mar 31 49% *91 83/a 7% 41 1% 78'% Jun Jan 1,100 15/8 5 "When 2,000 13% 37 1% *88 9 133/4 36% 1% 89 39 Va Nov 12,600 13% 2 92% 1% 9,200 67/a 133/4 *95/8 49% 92% 1% 46% 6% 13% 73/8 10 48 800 453/e 37% *40 41 *9% 10 7 133/a *8% 7% *40 46% 1 & $4 4,700 121 12% Fox Film new of 118 121 37 133/4 8% 7 % 7% 41 *88 Oil 116 *13 13% *91 92% 1% 16% *91 2,600 16,600 2 Corp Preferred 6% 37% 40 7,500 37 36% Elec Co of Mo common—10 Union 46 13 36% 89 443'e Aug 13 5% / *88 38 % Dec 167 121 No par 42% Aug 19 117% 121 No par May 47 116 119% series 37% May 50 118 114% series 50 V,« Nov *13 114 115 $3.70 100% Nov 36% 114% $4.50 Jun 37% 115 Preferred 90 36% 113% Preferred 45 % Jan 28 37% 115 Jan 37 % Jun 5% 117 45% 7% Jan 9 55/8 37% 97 Apr 21 55/8 20% No par Carbide 39'/a Nov 100 5% 37% 110 45% July 13,200 95% 36% 82% Jun 104 15,500 41 84%" 5% July 31 15 56 40% 85% 5% Apr 30 16 55% 42 85% 5% 98 Jan 56 41 5% 111 91% Jun 553/a 42 853/a 85% 2 35% Oct 94 55% 41 % 9 25 700 54% Jan 83% Jan 500 12% Udyllle Corp (The) Union 100 143/4 403% 35% Bag & Paper Corp 24 % Mar 17 14% 403/4 *16% 20% common Union 4 4,400 10 Steel—No par Union 16 43/4 No par 5 49 V2 Mar 20 Jun 300 4% 14% w 85% 14 Oil 72% Feb 98 83% 105% 40'A 42% 113% 120 83% 105% 14% 55 *113 45% _1 16 19% Jun 15 323/4 *32% 40% *16% 84% 38 400 14 3/4 17 14% *40 May ' 93 14% 190 112 40 % *16% 17 43/4 41% 36% No par 15 2 *14% 4% 4% 84% 54% No par — Asbestos *16% 14% 4% 33 105 42% 7 Corp Airlines Inc Union 16% 4% 105 85% 54% 1 Co Underwood 43/4 *83% 40% _100 prior preferred conv Coach 4'% *32% 84% 105 85 50c A 33 *83 *104 40 53s No par series of 5% 83 105 112 ■ (The) series Preferred *32% 83 *104 40 10 Co Corp 323/a 833/, 40 55% 1 Oil *31% 323/8 104% Trust— Williams & 43/4 ,9 Sep 38 y4 30 31% 1,600 32% 61% Jun 2 Feb 57 2,300 32 5'% Oct 300 163/8 32 Va Twin 12 13,000 31% 8 473/4 Oct 400 7% 605 32 Jun 45 15 71% 7% *580 31% *31% 9% Mar 20 15 .16% 7% 7.50 8% July 15 25 71% 72 605 5,500 20th Century 5% Sep 7 *585 17 Twin City Rap Transit com—No par 35% Sep 7 596 41% 8 11% Jan *71% 72% 7 596 403/4 Jun 7 *585 415/8 Nov .30 11 l63/8 6% 601 400 41 20 Dec 72% 7 600 303/4 2 12% Jan 6% 113 13 % Jan 38 73 73 113 49 22 73% *73 16% 9 31 213/8 31% 16 Jan 21% 17% 10 7% Dec 21% 31 12% Dec 29 22 100 413/4 Bearing preferred Conv *21% 42,300 243/s -21% 411% Tung-Sol Electric Co common 30 22 17% 14% Dec 15 *21 31 60% Dec 69 % Jan 22 17 27 Sep 25 *21 163/4 30 17 *23'/8 17 16% 47% Aug 25 10 % Oct 24 3/8 41% Truax-Traer Coal Co common 25 16% Aug 25 40 3/4 *233/8 8 5 Co Tri-Contfnental $6 16% 24% 413/e Associated World Trans 16% *23% 30% 15 Roller Edison Transue 16% 24 41% (J R) 3 2 16% 24 41% common 18 25 16 24% 16 167/8 preferred 23 27 16% *23% 4,000 70% 116 163/4 common 16% Oct Feb *68% *114% 112% certificates 22% Nov 20 Va Feb 70% 115 69% 16% Producing Co Sulphur Transamerlca 25 69% 16% Thompson Products Inc com 5 4% preferred -100 Thompson-Starrett Co com—No par $3.50 preference./ No par 17% Jan 114% 95 303/4 Avenue-Transit Corp.No par Timken *68% 71% 116 8% *92 70 69 70% 8% 95 16% 613/4 Mar 26 Tide 70% 343/a 8®/8 *92% 30% Thompson 5 71 71 *34 8% 95 31 14 Va Mar 12 29 % Mar 27 35 8% *92% *110V2 convertible preferred tThird 6,000 71 *34 8% 95 31 —No par 3 Vo Aug 2,300 9 8% *92% 163/4 Fair $2.50 34 35% 35 8% 95 111% Corp conv Thermoid 33% 35% 500 *16% $2.40 conv preference 8 8,100 19,300 18% 111% (James) Inc 27 23 *18 163/4 Utilities Co- 14 22 223/4 18% 111% Corp Pacific Ry Feb 21% 23 6% 601 25 9 % Jan 22% 223/4 *16% Corp share $1.25 22 23% *18% 111% Thatcher Glass Mfg Co common Mar 26 223/8 22% 18 16% Co Sub 21% ^23% *16% (conv) Gould Telautograph Texas & 22 Va 22% 10c 25 50 5 — preferred cum pfd $4.40 Tennessee 18 21 3/4 100 - Sylvania Elec Prod Inc com $4 18 % 223/a 23% (The)—4.16% — Swirt & Co 29% Mar 19 15 9,100 25 preferred 14 112% Dec 150 26 preferred- Sweets Co of America 23% Sep 12% Sep 8 91 253/8 *69% 27% Mar 12 10 *89% 26% *1141% 9 Jan 90 26 71% k21 % Jan 105 90 26% 115% Toledo 14 89 26 *693/4 13 Va Mar 25 13% Sep 15 106% Jun 24 89 26% *114% 27 % Mar 25 17% Nov 23 91 26 713/4 463% Jan 7 90 26% 115% 10 9 91% 26 1,000 12,700 *70% 14 May *91 363/4 ✓-J17 *114% 4%% 14 17% Dec 363/a issued" A 35 % Sep 233/4 Jan 36% 100 Sunray OH Corp common 1 4%% preferred series A -25 5%% conv 2nd pfd ser 1950—20 Class 19% Oct 28 36% 70% 113/4 Jun 13% Jan 35% No par . Sun Oil Co common 2 7 35% No par A 15 *10% Jan 35% Corp common series 123/4 Dec 24% July 49 35% 123/8 35% 83/4 *92% Chemical $4.50 3 22 23 18 34% *12 No par 1 preferred—No par Sun Jan Oct 39% Oct 12% *18% 12'% Jan 44 12% 18% 20 14'% Mar 10 42 12% ——20 : Corp Sunbeam Corp Textron 7 12% 15 prior preference Texas 7 12% 1 5% 12:% Mar 14 12 1,800 47% Mar 19 15% Feb 18% Feb 12% 2,000 2,100 23 433/4 Feb 400 12 Va 113/4 Land 14 103/a 47 13% Pacific 29 10% 46 19% & 31 105/s 46 113/4 Coal 12% Oct *44% 133/4 Pacific 15'% Nov 10% 10% 46 19% Texas 35% Dec 10% *44% 11% 42% Feb 6 10% 45% 5 100 Inc 10 6% Nov 24 4,400 10% 45 133/8 Instruments 37 % Jan 2 4,000 10% 45 °44 19% Texas 9 10 11% 5% Oct Mar 100 9% 13% Gulf Jan *973/4 10 19% Gulf 138 100 9% 13% Texas 165 *97% 10 11 3/4 Texas 6 100 9% 9% 19% Texas 15 *97% 100 93/4 9% 11% Jan 58 *973/4 100 133/4 54% Apr 110% Jan Sep 103 19 17 2 Oct 101 30 135 Jan 84'A Sep 21 5 % Oct 6 *963A 93/4 10% 1 Co Texas 32% Oct 37 1163/4 July 14 100 19'% May 22 Sep 21 34% May 19 50% Oct 33% H3/4 "When issued" 100% Apr 33% 13% 6 13 29 Va 28 33% 15,800 19% 5 l5'/4 Nov 33 Va Sunshine Mining Co Superior Oil of California Superior Steel Corp Sutherland Paper Co common 7 111% Jan 13 common—10 Q9 Aug 16 13'/a Jan 31,000 10% J wo 635 123/4 Jan 21 723/8 Sunshine Biscuits Inc 973,4 Jun 7% Jan 723/8 19 4 23 725/8 73'% Nov Dec 53/8 Oct 723/8 11% 5 99 66 89% Aug 25 72% 13% 35% Jan 26 115 71% 19% 10 29 27% Jan 1 72 Studebalcer 26% Aug 14 713/a common Stone & Webster 24 May 71% 11% 9 30 81 Va Jan 9,300 71% 13% 2 May 12 13% Sep 15 102 71% 15 19% 9 14 32 % May 533/a 70% 11% *18 21% 22% 43% Feb Apr 570 52% 72 Corp 183/i Nov 15 Sep 235/8 Sep 197/b Sep 3 1 63 53% 71 Inc Fuller & 28% Jan 110 16 53% 713/4 13% Baer 21 68% Nov 3 24 % Jun 53% 70 19% Stix "When 28 52% 69% 5 Stewart-Warner. 2 20 Shares 53 69 % 5 2 17% Feb Oct the Week Dec. 4 Stokely-Van Camp Inc common—1 23% Feb 153% Mar 11 Friday Dec. 3 52% Co Inc & 14 8'% Sep 15 18% Oct P) (J 18 92 943/4 Jan 29 223A Jan Stores Sales for Thursday Dec. 2 69% Corp. (The) L S Bros Wednesday 52% Warner Sterchi Dec. 1 68 % preferred series A 47 HIGH SALE PRICES 51% Stand Ry equip Mfg Co Sep 26% Jun 31 79% Jan New 10% Sep 15 16 V2 July 1 20% Sep 14 21% Sep 10% Jan of 3%% 16 3/4 6 353/4 Dec Oil 13% Nov 21 101% Jun Standard Stevens 31 4 5 2 30% Aug 17 78% Jan 14 40% Dec Apr of 94% Jan 8 8% Nov Oil 36% Jan 5 96 Oil of Standard 24 Jan 26 % May 20 Standard AND Tuesday Nov. 30 California_.No par Indiana 25 5 2 25'/a Nov 23 Jun Monday Par 593/4 Jan 4 87 STOCK 81% Jan Dec 313/4 Feb 23 4 1 YORK LOW EXCHANGE Highest Sep 21 65% Sep 92 85 Oct 16 NEW Range Since Jan. 1 Year 1952 Lowest » STOCKS Range for Previous Machinery com preferred No par _20 100 5100 x24 111% 1 % 24 113 H 1% 55% n *97 cn Hu 23% XllO 1534 16% *169% 16% 56% 56% 56% *171 173 ! 1% 1% 19 57% *169% 19 • -50- *99 .24 24 109% - 57% 57 100 24 24% 110% 173 1% 56 Va *98% 563/8 100 - • • 110% 173 19% -58 , • 110 *170 18% *58 57% 101 24% 110% 173, 57% 101 *99 24 1 110 *170 24 110% 900 4,800 173 18% 173/4 173A 59 59 59 10,500 190 t 26 The Commercial and Financial Chronicle (2218) 3 23% July 21 7% Oct x73/s Dec 9 35% Oct 23 39% Dec 56 Sep 19 67 26% Oct 16 34% Mar 21 22 Mar 28 70 x81% Jun 17 90% Dec 31 22 % Oct 6 U r«u 2 U 4 58% Apr 23 64 Oct 23 32% 31 6 23 Mar 8 30% Dec 37 % Oct U 14 31 87 V2 Mar 29 68% May 29 42% Dec 31 26 8o% Jan 5 9 97% Apr 6 23% Aug 31 31% Jan 2 Oct 74% Nov 127% Sep U 6 U 2 67% Jan 55% Nov 27 66% Feb 33% Sep 15 44% Jan 5 135 144% Jan U Jan 24 23 Feb 13 17% Sep 36% July 25 41 May 18 7% Apr 10 35% Dec 4 21% Feb 26 39% Nov 9 6% Nov 10 8% May 25 7% Sep 75 % Sep 15 9% Mar 19 28 7 8% Dec 24 10% Jan 11 X87% Oct 22 94 2% Apr 23 24% July 25 1 % Sep 2 21% May 27 23 May 2 156 Jan 14 11 Apr 24 May 23 28% Apr 15 14 Jun 27 4% Jan 19 1 % Sep 18 16% Sep 23 3% Jan 2 1% Nov 8 22% Jan 7 24% Feb preferred Steel S com—50 5o • Corp No par common 100 preferred— No par Co common Tobacco Nov 12 Universal Leaf 3% May 13 9 27 Sep 29 155 Sep 3 167 Feb 17 14% Dec 16 14 Feb 2 July 28 61 Jan 7 28% Jun 10 23 preferred Ref & Min 18 8% Utah 2 Inc com Pictures Co 16% Sales for the Week Friday Thursday Dec. 3 Dec. 4 Shares 13% 14% 13% 8% *7% 8% *7% 8% *7% 8% 37% 37% 37% 37% 37% 37% *58% 59% 26% 73% 61 37 *59 61 26% 73% 73% 81% 82 82% 82% 27% 28% 28% 29% 26% ♦74 13% *59 14,500 100 26% 25% 25% 75 74 74 74 74 83% 83% 84 29 28% 28% 135% 135% 136% 1,020 42% 41% 41% 12,200 56'A 56 56 136% 135% 40% 40% 41% 56 56 56 *83 28% 135'A 136 42 *55% 38% 38% 38% 39% 39'A 393A 39% 139% 140'A 140% 140% 140% 141% 140% 4,700 30 360 24,500 600 39% 105,500 141 5,100 5,000 18'/a 17% 18 17% 18 17% 18 38 18 *37 1,600 60 26% 56 18% 38 7 7% 79 14 26% 39% 136 14 60 *59 26% 37 37 36% 363A 35% 36% 240 6% 6% 6% 6% 7 7 7 7 2,000 7% 7% 7% 7% 7% 73A 7% 7% 3,300 77% 77% *76% 77 3A 79 *78 1% 1% 1% 1% 16% 16% *17% 17% 1% 1% 1% 1% *1% *29% 1% 17% 30% 30% 30% 30% 25% '161% 16% 16% 25% 163 17% 100 61% 61% 61% 62 343% 34% 34% 34% America—No par 2.5o 10 38% 39. Co Light & Power 1 PRICES 14% No par preferred 4%% 68% May 20 34% Dec —100 SALE Dec. 2 37% 8% 38 1% 29'A 25'A 25% *161% 163 Tobacco com_No par preferred———. Universal 17% May 20 Corp Stockyards 26 *71 37% 7 7% *77% 1% 17% *1% 29% noncumulative HIGH Wednesday *7% 14 14 79% 80 27% 27% 136% 136% 39% 40% 55 % 55% 37"% 38% 139 139% 5 100 common 1st noncum 7% Mar 19 6 33% Dec Co Smelting United Mar 18 4 Aug 65 S U S 29% Mar 12 14 26% Jan Rubber S preferred—25 1 United Stores $4.20 noncu 2d pfd_5 $6 convertible preferred—No par United Wall Paper Inc common—2 4% convertible preferred 50 Universal American Corp 1 Universal-Cyclops Steel Corp 1 90 17 26% Dec .'-"*7% 37% 59% I. AND Dec. 1 13% Co Foundry & 32 16 Jan 27 169 57 Aug 31 Pipe 7% 28 144 5% Jan 1 common ———10 —20 S Playing Card Co —10 S Plywood Corp common —1 3%% preferred series A 100 3%% preferred series BJ——100 S 7% 2 20 May 16 19% Oct Co Lines 8 % 144% Mar 11 18 Oct 37 S Tuesday Nov. 30 Par 4'/2preierred 40% Mar 17 Sep 146% Feb 30 3 138 % 102% Jan U 22 22 34 2 Oct Jan 61 90 Jan 24 16 136'/4 Jan 53 8% Nov 22% Jan 13% Nov 23 Monday STOCK YORK EXCHANGE Hlrh«f To"-pc« Hirheat Lowest NEW Range Since Jan. 1 Year 1952 18% Jan LOW STOCKS Monday, December 7, 1953 Continued—Page 12 NEW YORK STOCK RECORD Range for Previooa ... 25% *161% 25% 163 1% 77 ' 77 3,010 25% *161% 1% 1% 1% 17% 17 *16% 17% 400 13A 1% 1% 1,300 31 25% 163 31 8,700 500 31 *25% 26 *161% 163 600 16'% 17% 17% 17% 17 17% 61% 62 62 62'A 61% 62 34% 34% 34% 34% 34% 37% 39 37% x34% 18,800 510 3,300 V Corp of Jan 8 45% Aug 14 30% Sep 15 45% Mar 25 Vanadium 13% Nov 6 17% Jan 12% Sep 15 27% Nov 3o 17% Mar 23 Van Norman 32% Mar 25 Van Raalte Co Inc— 34 4 27 % Oct 30 31 Jan 16 10 12 15% Jan 23 5% Nov 25% Dec 9 23 % Apr Dec 23 % Apr 23 116 Apr 17 129 Dec 11 125 116 Apr 3 127 Oct 31 125% Jun 24% Oct 1 32 Jan 2 87% Sep 9 93 % Apr 29 18% Oct 119 24 Nov 29% Jan 19 6 110% Jan 137% Jan 19 2 21% Jan 27% Dec 31 25% Jan 8 92 103% Dec 37% Jan 31 15 3%% Jun July 20 92 8 6% Jan $5 12 8 100 Elec Power Co & preferred dividend preferred $4.04 preferred dividend $4.20 Jun 3 35% Feb 2 13 25% Sep 25% Oct 15 Jun 13 30 Feb 19 35% May 22 16% Apr 8 44% Jan 11 36% Mar 5 61 Dec 4 Virginia Ry Co common 6% preferred Visking Corp (The) 18 Jan 18 15 18 Mar 4 Vulcan 28% Mar 5 31% Oct 2 27 Jun 22 20 Jan 17 68% Dec 29 59 Sep 14 70% Mar 4 14% Sep 100% Oct 30 7% 15 18% 10 Detinning Co common 12% *27% 39 Va 13% 13 13% *27% 28 28 37% 6,900 12% 13 4,500 *27% 28 200 5% 5% 5% 5% 5% 5% 5% 6,400 29% 30 30% 30% 30% 29% 30% 2,000 *126 127% *126 127'A *126 127'A 1126 127% *126 130 *126 130 *126 130 '126 130 *90 18% 18% 118% 26% 29 28% 29 28% 92 28% 92 5% *89% 91 *89% 91 *89% 19% 20 19% 19% *120'A 124 121% 19% 119% 27 112% *112 19% 119% 26% *112 20% 120 27 28% 28% 28% 112 14,800 121% 1,200 26% 26% 26% 8,700 112% 112% 250 *97 100 *97 100 *97 100 *97 100 *99% 101 *100 101 *100 101 >100 101 26% 27% 25% 54 15% 2,900 92 112% 26% 112% 25% X53 27 25% 53 15% 15% 27 27 26% 26% 26% 26% 1,200 25% 25% 25% 25% 25% 25% 2,100 54 54 56 58 61 1,500 1,000 *52% 14% 15 14% 14% *14% 15% *28 29 *28 29 62% *62 63 *62% 63 12'A *12 Va 12% *12% 12% 600 23 Va 23% 23% 23% 23% 2,500 50 50 *49% 6 x5% *28 29 *28 29 *62 12% 22% 49% 20 nreferred 13% 27% 29% *97 100 *99% 101 27 25% 54 15% 38% 13% 117-% 117% 26% 26% 111% 111% 100 com—10 —100 10o 100 —25 25 5 preferred div partic *90 com—No par 39'/a 39 27% 13% 13% 27 A 27 A 5 A 5/8 30 30 *126 127% *126 130 28% 29 100 preferred- Virginia 114% Nov 5 Co— Va-Carolina Chemical 17 2 14 30 Mar 20 27% Nov 103% May 24 Nov 130% Jan 106 22 92 I3f-I 28 20 33% Apr 29 16% Oct 2.50 Vicks Shreve & Pacific Ry com—1005% noncumulative preferred—100 Victor Chemical Works common—5 Chemical Vick Mar 19 Apr Sep 15 22% Jun 23 116% Nov 98% Jan 128 127 28 112 8 x27% Jan 16 July 17 24% Apr Mar 12 95 3 Co—6% Vertientes-Camaguey Sugar 6 Nov 31 6 May 29 88 10% Jan 27 Co 62% 12% 23 *62% 12% 23 623A 12% 23 62% 12% 23 50 6 50 50 Va ♦28 29 W 55 Apr 11 % Jan Wabash 2 12% Aug 6 12'% Nov 2 24 29% Jan 14 21% Nov 24 29 % Jan 42% Apr 29 50% Aug 4 Feb 27 13% Mar 10 51 % Jan 7 43'A Jun 16 Dec 22 10% Jan 30 5% Sep 15 9 17% Jan 11 21% Dec 3 18% Jan 2 25 Jan 12 104% Dec 5 98 105 8 98 15 Oct" 22 25 Jun Sep 15 11% Sep 14% Apr Walker (Hiram) 4 5%% 16 Warner 20 Warner-Hudnut 30 3o 23% Sep 21 33% Mar 19 30 28% Sep 14 37% May 14 Warren 31% Sep 3 29 Jun 9 24% Oct 28 14 23 Dec 31 24 Sep 1 18% Jan 21 13 19% Feb 19 24% Dec 3 17 14% July 31 May 9% May 5 5 19% 20'A 9 84 7 28 16 41% Jan 9 17% Nov 4 29% Jan West 2 28 % Dec 30 17% Oct 30 28% Jan West 2 37% Dec 3 32 Jun 9 37% Feb West Penn Electric 106% Mar 18 5 98% Jun 17 107% Jan West Penn Power 18 88% Jun 18 102 Feb 7 89% Jun 9 16"% Jan 29 12% Nov 5 16% Jan West 21% Nov 5 23% Nov 23 West 2 98 Jan 9 102 12 Sep 17 106% Jan 8 109% July 15 15% Jan 7 9% Oct 15 , 104 84% Feb 99% Jan 15 14 20 Sep 47 Dec 19 45 Jan 2 63% Mar 25 46% Feb 20 64 % Dec 12 46% Sep 14 67% Mar 16 Mar 37 Oct 4 93 Oct 7 90 May 14 99% Sep 4% 16 45% Feb 11 38% Feb 24% May 14 35% Feb 20 95% Jan 2 27% Nov 21 22% Nov 13 29 % May 18 48% Dec 31 39% Sep 91 "A Jun 15 52% Dec 3 99% Jan 12 16% Jun 127 Mar 20 32 Oct 80 101 Nov 127 Mar 20 3 18 1 10 22 May 14 127 Mar 30% Sep 30 41% Jan 30 15 40% Mar 17 Oct 6 89% Jan 22 Oct 14 86 Vb Mar 24 28'A Oct 17 34 % Jan 7 25% Sep 14 30 Jan 8 25 23 29% Jan 2 23 15 30 Dec 2 28 Oct 10% Aug 4 14% Jan 29% Jan 9 32 17% Jan 2 8% Mar 4 8% Oct 22 Apr 28 27% Aug 29 13% Dec 17 80 Sep 5% Nov 24 12% Jan Motor 13 10% 700 24% 1,800 79 79 80 79 80 78% 79% 410 7% Sep 21 5 8% Nov 5 13 % Jun 15 Wilson-Jones 25% Dec 17 24% Jan 6 33 % Nov 17 Winn 23% Nov 25 24% Jun 17 51 Oct 16 42% Apr 17 26% Feb 20 76% Jan 8 . 97% Feb 20 138 64 Nov 26 Jan Dec 4 9 32% Nov 19 26 Sep 15 5 75 Sep 10 86 101 Sep 118 Nov 19 75% Jan 14 13% Feb 1 40% Jan 104% 104% 105 104'A 104'A 104 104 104% 105 *98 100 *98 *98 100 *98 100 *98 100 2nd 36 6% 21 53 Jan 2 Woodward 14 48 Jan 30 Co 10 Co 31 Sep 21% Oct 16% Sep 15 51% Dec 47 Jun 9 52% 94 94 94 94 43 43% 42% 43% 42% 43% 22% 51% 22% 22% 22 7A 23 % 23'A 23% 12,400 51% 52% 51% 52% 51% 51% 50,300 *98% 98'A 99 99 *183A 18% 18% 18% *98'A 18% *123 99 183A *123 __ 33% 34% 34 34% 82'A *81'A 82% 82% 82% 82% 82% 26% *25% 26 25% 25% 25% 25% 200 29% 29% 29% 29% 30 29% 29% 29% 29% 8,500 8,500 29 5% 5% 5V2 5% 5% 5% 5% 5% 5% 24% *24'A 25Va 24% 24 Va 24 Va 24 % 24% 24% 21 % 21 % 16% 21% 21 % 16% 21% 22% 21% 21% 21 % 21% 1,400 16'A 16% 16% 16% 16% 16'A 22,500 8% 19,900 16 16% 28% *133 28% 135 28% " *133 18% 18% 41'A 41 % 43% 43% 43 Va 4334 297A 28% *133 41% 41% *41'A 41% 41% 41% 700 43% 43% 43% 43% 43% 12,300 30% 5,300 75% 120 29% *75% 111 109'A 49% Young (L A) Spring & Wire_No par 23 23 % 22% 23 23 No par 38% 39% 39 39% 39% No par 12% 12% 12% 12 Va -No par 69% 70% 68% 70 3% 3% Zei?tth Radio; OTP 5% Apr 13 135 43'A 21 6 , 19 36% Jun 28% *133 18% 36% 2 28% 135 19 49% 16% Jan 28% *133 135 100 800 *18% 77 78 28 3A 8% *67 18% 18% 20% 23 4,700 32% 1 11% Sep 28% 32 Va 50 17% Jan 1,100 32% 25 15 32% 32% Yale & Towne Mfg Co York Corp common Youngstown Sheet & Tube Youngstown Steel Door 32% 32% 7% • 10 97A 41 % *76% 7% 69 *9% 9% 7% 78 8% *66% 9% 187A 41'A 29% *75% *10814 9 8% 67 % 9% 28% 500 69 8% 67 % 135 18% 109% 8% 5% 10% 68 77% 5 230 *24'A , *108% 47% Jan 7,200 34% x82% *25% 5 34% Jan 34% 33% x33% No par 4 2,100 26% series—100 14 18% 17% 83'A conv Sep 200 99 *98'A *123 35'A 77 34 18% 34'A 30 50 % Jan 99 82'A 29% 34 18% *123 *25% 10 16 *98% >123 10 23 7,400 43'A Corp__10 preferred 200 97 *93% 51 Va *75% convertible 700 4,500 42% 223A series—100 4%% 4,800 56 52% 52 515A Prior 1 ' 25% 25% *54 43% 23 % Prior preferred 4%% 1 26% 56 < 50% Wyandotte Worsted Co 53'A Mar 25% *54 42% 122% 32% 27% Oct Oct 52% Wrigley (Wm) Jr (Del) 23 % Apr , 300 26% 32% pfd 4%% 49% 52'A 30 Nov *48'A 55 1 10 common—No par 49% 25% 8% Corp 49% 52 *9% 32% Co 4,000 49% 55 *66% Co 30 9% 54'A 8% (F W) 7,300 9% 52 Va *93% 2,300 106 % 9% 26'A 94 13% 23'A 13% 23 106% 9% 52 *93% 250 98 *95% 9% 26'A 10% 100 13% 23% 107 54% 68% com 98 51% 8% Service 4,300 54% *66 9% Grocery Co *49 5,500 26 No par lo 39% Oct 15 49 % 13% 23 *106 Va 49 common—No par Co 9 13 22% Dec *48% 9% 39 % Apr 14 8 Inc 1 9'A 13% 23 107 18 37% 94 1 20 5 107 9% 9'A 13% 22% :'106 6,400 18 37 51'A 1 — *106 107 13% 22% 18 17% 18 54 100 Co 22% *95% 98 18 37% 25% No par A— 13 22% *95% 17% 18 49 common—100 com *95% 13JA 98 100 98 17% 11% Mar 17 78 15 2 9'A Telegraph Iron Worthington Mar 19 130% Mar 16 71% May 12 13% Jan *106 preferred—100 RR Public Woolworth 14 13 22% 1 preferred Sep 7% Sep *95% Air Brake & Lovett 42% Sep 39'A Jan Jan 100 100 5 new__5 100 preferred— Wisconsin 35% Mar 17 83% Feb 22 104% Wisconsin Elec Power Co 2 19 & $4.25 5 135 Apr 24 16% Jun 10 25 23 5 29% Oct 126 Jan 9% Oct x32% Jun Wilson 11% Mar 26 74% Mar 10 45% Dec 70% Dec pfd—100 4%% Willys-Overland Motors Inc 63% Oct 15 17% 37 16% Oct 15 128% Jan 18 37% 17 13 3,400 10% 11% Feb 22 3,800 8% 17% Co 14% Jan 21 Va 8% 24% Wilcox 75% Feb 21 9 10% 30'A May 27 12% Jan 21 9 24% 2 14 20% 9% 10% 11 12% Aug 18 15% Apr 2 21% May 7 68% Nov 20'A 9 24% 18% Sep 15 20% 9 900 10% 24% Dec Oil 4,000 24% White Sewing Machine common Prior preference 8 32% Apr White 5,600 13% 10% 10 10 12% 100 Weston Elec Inst Corp 12.50 Wheeling & Lake Erie Ry 100 Wheeling Steel Corp com No par *.../,$5 conv prior preference—No par White Dental Mfg (The S S) 20 4 26% 13% 28% Westinghouse Electric com 3.80% preferred series B 4 Jan 126 26% 13% 36% series Westinghouse 26% 13% 18% 17% Supply Western Union 48% Aug 13 26% 13% 103A Paper com Pacific Preferred 2 26% 13% 37 & noncum 26% 13% 24Va preferred Western 26% 36% Western Maryland Ry 32 % Mar 25 4,700 31 36% Auto 23 34 *30% 27% No par Western 26% Dec 33% 30% *27 24% Co 57 % Mar 11 21 700 33% 30% 27% *10% Air Lines Inc 22 27 33% 30% 32% 17% 17% Western Oct 27 33 *30% *27 79 8 18 32'A 18% 5 34% Oct 2,500 18 36% Jan 43% Sep 10,000 18 79 12% Jan 15 13 17% 18 15 56% Dec 12% 17% 17% 29 30 200 13 17% 78'A Sep 109 103 13 18 11 preferred series C Virginia Coal & Coke Pulp *101% 13 17% 24 4.10% Va 103 12% 23% preferred series B 4 % % 4,400 101% —4 8% Sep 46% Apr 89 Indies 4.20% 10,700 preferred—-No par 1 convertible Jan 103 1,000 5% 24 *10% Sugar Corp Kentucky Coal Co $4 ♦101% 50% 23% com—2.50 Snowdrift & 24% 5 28 Investment Oil Wesson 2 5% 24 9 Co 80% Feb Webster 12 % Mar 27 6 Va 241/4- 20% *20 9'A 5% 23'A 100 1 Co 21% Sep 73% Oct 96% Jan 13% 5 Pump Mills—:.— Knitting Wavne 25 5 110% Sep 103% Apr 26% 26% 13% 19 May 27% 32% 30% 26'A 13% 11% Jan Oct 26% *30% 5 Motor Co— 32% Jan 21% May 29% Jan 13 Va 177/a 26% - Waukesha 9 3 1 13 xl7% 26% 32'A 30% Wayne 28% Feb 18% 32'A 13% Feb 1 23% 102'A 102% 30% 30 10 6 -3 No par Foundry & Pipe Petroleum Corp Oct 26 50 5% 233A\ 50 18% 1 Inc. 24% Mar 23 Sep 14 Sep 15 5% 23% 23% *101 Va 102'A 13%, 13% Washington Gas Light Co—No par Wash —No par Water Power Mar 16 17% Apr 19% Oct 20 8 Jan 30 Sep 14 11% Nov 31 100 Inc Pictures Bros Warren Dec 18% Nov 1 preferred- 37 V 2.50 Feb 20% Jan 24 No par W & G Ward Baking Co common 35% Jan 16 10 Walworth Co May 12 27'A May 15 25% Jan 4 3 100 No par Co Walgreen 9 17'A Apr 15 preferred 4'%% Waldorf System-. 2 Nov 27 RR 78 30'A 30% 30% 30% 77 75% 75% 75% 109% *112% *77 78 114 77% 112 70 112 *77 78 7% 7% 7% x37% 7% 3,500 500 7% 3,100 22% 25,800 7% 7% 36 36% 36% 37 37% 36% 20% 21 20% 21% 21 21% 21 49% 49% 50ya 50 50% 50% 23 22% 22% 22% 1,200 40% 40 40% 39% 15,300 12 12 Va 11% 12 11% 2,000 70 70% 69% 70 69 3% 3% *49% 7,800 800 Z 68 Jan 4% Nov 2 88 % Nov 28 17 5% Jan 29 11 63'4jTBn 10.^84 3% Oct 28 Zonite _ r CafhdsMel wdewhPenCdSlUri0bDted.°" E^-divtdend-y^ Products Corp * 1 1 3% " /O sJ /O 3% 3% %J , O <*• 3% ~ 3% ~ 69% 7,500 3% 4,600 " — -> °r petltlon has heen "Ied-for the company's reorganization, a Deferred delivery. bName changed from Noma Electric Corp. 1 Number 5279 Volume 178 ..The Commercial and Financial Chronicle . Bond Record (2219) New York Stock Exchange «» FRIDAY The italic letters in the WEEKLY "Interest headed column Period" YEARLY ■■ Indicate in each Figures after decimal point represent one or the case more 32nds month of when AND LOW Range for Previous GOVERNMENT BONDS Year 1952 NEW Range Since Jan. 1 Lowest Lowest Highest Monday 104.16 Dec Tuesday Nov. 30 STOCK EXCHANGE Highest 99.24 May 12 YORK the Low High PRICES SALE HIGH Dec. 1 Low bonds mature. point a Low Low High Bales (•» * the week Dec. 4 Dec. 3 Dec. 2 High Friday Thursday Wednesday Low High. Bonds ($) High Treasury 3'As Treasury 2%s 96.14 Oct 14 96.14 Oct 14 Oct 96.9 14 96.19 Jan 9 96.20 Mar 18 96.25 Dec 9 96.21 Dec 96.21 Dec 9 9 94.8 Mar 25 95.20 Oct Mar 25 94.8 95.20 23 Oct~23 ♦103.28 104.4 *103.30 104.2 *104.8 104.12 ♦104.10 1955-1960 •102 102.4 *102 102.4 *102 102.4 ♦102 102.4 *102 102.4 1956-1959 *103.14 103.22 ♦103.14 103.22 *103.14 103.22 *103.12 103.20 *103.12 103.20 Treasury 2%s 1958-1963 *105.12 105.24 ♦105.4 105.12 *105.4 105.12 105.12 *105.4 105.12 Treasury 2%s Treasury 2%s Treasury 2 Vis • 1978-1983 Treasury 2%s 1960-1965 *106.10 106.22 ♦106.16 106.24 *106.16 106.24 *106.16 106.24 *106.16 106.24 1961 •100.30 101 *101 101.3 *101.3 101.6 *101.6 101.9 *101.6 1956-1958 ♦100.10 100.16 ♦100.14 100.18 *100.16 100.20 *100.18 100.22 *100.18 100.22 ♦100.11 100.13 ♦100.13 100.15 ♦100.14 100.16 *100.18 100.20 ♦100.18 100.20 *97.6 Dec 15 Treasury 2%s Treasury 2%s Treasury 2 fas Treasury 2%s Treasury 2 Vis Treasury 2Vis 'Treasury 2Vis Treasury 2Vis Treasury 2V2S Treasury 2Vis Treasury 2%s Treasury 2%s Treasury 2 Vis 1958 1962-1967 104.16 104.14 *105.4 104.16 1,000 101.9 97.14 *97.10 97.18 97.20 *97.10 97.18 *97.10 97.18 ♦96.6 96.14 *96.12 96.20 *96.14 96.22 *96.14 96.22' *96.14 96.22 June 1964-1969 *95.28 96.4 *95.28 96.4 *96.4 96.12 *96.4 96.12 *96.4 96.12 Dec 1964-1969 *95.24 96 *95.26 96.2 *96.2 96.10 *96 96.8 ♦96 96.8 1965-1970 *95.10 95.18 ♦95.12 95.20 *95.22 95.30 *95.22 95.30 *95.22 95.30 1966-1971 *95.4 95.12 *95.6 95.14 *95.16 95.24 *95.16 95.24 *95.16 95.24 *94.26 95.2 1963-1968 : *97.12 ' " 96.15 Dec 96.27 Nov 18 96.22 Dec 10 96.22 Dec 10 95.8 Dec 24 96.20 Nov 19 100.4 Nov 18 9 102.18 Jan 100.4 29 18 Nov 102.18 Jan 97.19 Oct 27 99.18 Oct 15 27 95 •94.22 94.30 *94.22 94.30 *94.24 95 *94.24 95 _ 95.14 *95.4 95.12 *95.4 *95.2 95.10 *95 95.8 *95 *95.4 95.12 *95.2 95.10 *95.2 *95.6 95.12 " 1957-1959 95.10 100.3 *100.2 100.4 *100.2 100.6 *100.2 100.6 100.2 ♦100.1 100.3 *100.1 100.3 *100.1 100.3 100.18 *100.15 100.19 *100.16 100.20 *100.16 100.20 ♦100.20 100.24 *100.20 100.24 *100.20 100.24 *100.20 100.24 99.6 *99.4 99.8 *99.6 99.10 *97.12 97.20 ♦97.17 97.21 *97.22 97.26 *97.12 97.20 *97.16 97.20 *97.21 97.25 *100.11 100.2 100.17 ♦100.14 -1954-1956 *100.23 100.27 Treasury 2%s 1956-1959 *99 June 1959-1962 Dec 1959-1962 Treasury 2s Treasury 2s "95.8 *99.30 100.4 •99.28 •100.14 June 15 - ♦99.31 *99.30 1958 —1954-1955 Treasury 2 Vis Treasury 2 Vis 99.14 Oct 23 23 Mar 18 100.3 *94.24 Dec 1967-1972 Treasury 2V*s 29 99.14 Oct 97.19 Oct June 1967-1972 -Sept 1967-1972 99.10 *99.6 99.10 *97.25 97.29 *97.25 97.29 *97.24 97.28 *97.24 97.28 *99.6 June International Bank 1954 ♦100.11 100.13 ♦100.10 100.12 ♦100.11 100.13 100.13 *100.11 100.13 _Dec 1954 •100.9 100.11 *100.8 100.10 *100.9 100.11 *100.10 100.12 *100.10 100.12 —Dec 1954-1955 Treasury 2s ♦100.3 100.7 ♦100.2 100.6 *100.4 100.8 *100.4 100.8 100.4 100.8 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 Dec 10 97.24 Feb 27 92 15 96 Nov 98.10 Nov 7 95 July 2 97.16 May 12 98 Dec 1 101 Oct 26 100.24 Nov 4 95 98.10 Nov 7 100.15 Dec 17 101 Dec 1 Jun 100.16 Nov 94.16 Jan 30 2 & Development 25-year 3s l_JuIy 15 1972 94.16 *93.16 94.16 94.16 *93.16 94.8 1,000 25-year 3s 30-year 3 Vis 23-year 3%s 4 —Mar 1 1976 93.8 93.8 *92.16 93.16 93.4 93.4 *92.16 93.16 *92.16 93.16 6,000 Oct 1 1981 *94.24 95.24 *94.24 95.24 *94.24 95.24 *94.24 95.24 *94.24 95.24 May 15 1975 *97.24 98.24 98 *97.24 98.24 *97.24 98.24 *97.24 98.24 19-year 3Vis 3-year Serial *93.16 Oct 15 1971 1 1956 3s of 94.16 94.8 100.24 *100 100.24 >100 100.24 *100 100.24 *100 100.16 ♦100.8 100.16 >100.8 100.16 *100.8 100.10 *100.8 100.10 100.8 due Feb 15 1954 ♦99.16 2s due Feb 15 1955 *98 99 *98 99 *98 99 *98 99 *98 2s due Feb 15 1956 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 2s due Feb 15 1957 *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 due Feb 15 100.8 >99.16 *99.16 100.8 *99.16 *99.16 100.8 100.8 99 98.16 *95.16 97.16 a •94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 _due Feb 15 1959 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 —due Feb 15 1960 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 2s •Bid and asked price. " No sales transacted this day. 1958 2s 2s due Feb 15 1961 *91 93 *91 93 *91 93 *91 93 *91 93 *89.16 91.16 *89.16 91.16 *89.16 91.16 *89.16 91.16 *89.16 91.16 2s— . Odd lot transactions. .——due Feb eCash sale, RANGE Friday BONDS . ) Interest 4 New Yerk Stock Exchange Period Sale Price- Unification Transit 3% 1962 FOR WEEK Bid & Asked Seld Jan. 1 ENDED DECEMBER Range Since No. Low . Interest BONDS * Period New York.Stock Exchange High Brazil Yerk City .June-Dec 99 98 % 108 99 93 101 % Sale Price __June*Dec __: __June-Dec 13 Bonds i Range Since Sold Jan. 1 BVd & Asked Low 3%s series No. 14— 1930 Week's Range or Friday's Last . (continued)— 3%s.«erics No. Issue— Corporate Stock 4 Friday High 96.16 Registered bond transactions. Bonds Low New r 15 .^Week's Range or Friday's «"l-Last 9,000 1950 2s 2s 6,000 100.24 100.16 *100 —Oct bonds 98 *93.16 80% •" High I-"-' 80% 79 92 8 88 80 Low No. High 88 " ' 74 80 75% 82 ' 3%s series No. 15 __June-Dec 3%s series No. 16 —June-Dec 3%s series No. 17 — 82 *78 — 80 80 -- 80 . 19 —June-Dec 3%s series No. 20 __June-Deq 3%s series No. 3%s series No. —June-Dec 8%s series No. —June-Dec 25 10 81 81 —June-Dec 3%s series No. 24 4 78 91 , 81 *80 82 81 73% 83 Va » ;..'6 ' . ■- *--• 79 82 75 — .93:;, *78;y.;i8U:;..; __ 82 „ 74% 1 81 *92% 91 78 # —' w — 81 78 ■ -- —June-Dec y, 79% —June-Dec ,8%s series No. 23 . 21 3%s series No. 22 ' 52:".;- *78: .. 81 76% 1 ' Jun8-Dec. June-Dec 3%s series No. 18 71 ? •; 94 74 .; - } 80 78 82 • . 90% i. 82 76% 80 ~ S%s series No. 26 I%s series No. 27 Wertheim&Co. - Telephone Members Ne# York StockExchange 120 Broadway, New REctor 2-2300 York . —June-Dec 79% 79% —June-Dec 79% 79% ~J%s series No. 29 I .v3%s. series No. Teletype NY 1-1693 *'"• ' : —June-Dec j.1%8 series No. 28 V —June-Dec Brisbane! (City) A Sinking fund gold 5s 1958 •___ Feb-Aug (Dept of) 30-yr 3s s f $ bonds 1978_Jan-J«Iy'- 25-year (Columbia) — •1% 1947: Feb-Any {AGuaranteed sinking fund 6s 1948—_ApriI-Oct Akershua (Kingdom of Norway) 4s 1968—Mar-Sep lAAntioquia (Deptl collateral 7s A 1945 Jan-July {AExternal sinking fund 7s ser B 1945—Jan-July {AExternal sinking fund 7s ser C 1946—Jan-July {AExternal sinking fund 7s ser D 1945—Jan-July AExternal sinking fund 7s 1st ser 1957_April-Oct sinking §AGuaranteed fund — __ — __ 65 65% 70% AExternal sec sink fd 7s 3rd ser 1957_April-Oc( — Jan-July (Commonwealth) June-Dec __ Jan-July 1955 5s 43 101% bonds 10-year 3%s — 3V2S 3%s 20-year 15-year Feb-Aug —June-Dec June-Dec June-Dec Feb-Aug 1956 10-year 3'As 1957 20-year 3%s 1967 - 1966 i 1962— 99% 99'A 96% 96% 95% 70% 1 43 43 % 104'A 104'A 21 70% 101'A 101'/a 100'4 100 A 99% 100 99 99'A 95% 96% 96 96% 95% 96 3 40% 44% 105 100% 102% 100 % 95% 100 External IA Brazil sinking (U S of) Stamped fund 7s 1955 external 8s 1941 f 6%s Plan to 3.5% to s Jan-July 1955 6s pursuant reduced AExternal ofi A 1978 of 1926 — June-Dec June-Dec interest — 109 — June-D^c ; 96% 23 88 — pursuant to Plan A (interest reduced to 3.375%) 1979 -April-Oct 102 __ 108% *95 60"% _April-Oct due 1957 *100 J* 60% *90'A 109 91 61% 59 43 __ 5 • AExternal s f 6%s of 1927 Stamped pursuant reduced IA 7s reduced due 1957 to Plan 3.375%) 1979 (Central Ryi Stamped 5% to April-Oct — (interest April-Oct __ 1952__ pursuant to A funding bonds of A — 61 61 93% 93% 62 61% 55% 59% fund 6s Feb 1961 1961 Feb Jan assented 1961 1962—- sinking assented sink AChlle fund ASinking fund 6%s AGuaranteed 95% A 6s assented June-Dec 37% "l — 37% 37 — 136 *61 — 38 - 1 6s 59% 81 — 3 89 93 % 58 63 % 50y, 81 77% 83 Va 1 3%s series No. 1 June-Dec 2 June-Dec 79% 79% 80 8 75 V4 fund 6s 3 June-Dec 79% 78 80 32 74% 58% 37 V* 55% 59% *38 33% 38% 1962— May-Nov __ SECURITIES FIRM TRADING MARKETS 3%s series No. 4 June-Dec 79% 78 80 36 74% 81 3%s series No. 5 June-Dec 79 % 78% 80 18 74% 80 89 1 r.arl marks & r.o. INC. 80 3%s series No. 7 3%s series No. ..June-Dec 8 3%s series No. 9 June-Dec 11 : 3%s series No. 12 For footnotes see June-Dec June-Dec page 31. — June-Dec 3%s series No. 10 3%s series No. __ June-Dec ,1 — 89 __ FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 89 80% 74 90 76% 87% 85 82 76 80% 81 81 75% Telephone HAnover 2-0050 97 % *79 £ 82% A _____ 4, N. Y. 82 *87% *91 - " — 80 *79% iwir 36% *61 1962 81% 3%s series No. 59 Vs 34% — 61% 3%s series No. 58% 38% 58 FOREIGN 1951 pursuant to Plan A (interest to 3.375%)- 1979_ April-Oct External dollar bonds of 1944 (Plan B)— 38% 57% *38 *61 Stamped reduced 32% 34% *38 61% 59% — 37% April-Oct April-Oct For Financial Institutions 92 61% May-Nov 1961_, . 92 55 38% 55% 33% June-Dec fund 61 % 86 38% 34% 38 63% 55 61V* 55 ya *61 .-June-Dec 1961 61% 38% 33 Va — 61% *38 June-Deo 1961 sinking *38 June-Dec 1961 sinking assented 1993 1957 34% __ 61V, 55% — 61 % 38% 55% *61 May-Nov 38% 55% 33 Vs __ *38 May-Nov 1957 34 *61 April-Oct 1963 6s bonds 2%s-3s $ assented A6%s assented A6s 113 fund 1963 Mortgage Bank 6%s A6%s 96% 43 62 81 - June-Dec due *90'A 17 58% 38% 6s (interest 1978 1931 61 __ June-Dec Plan to 3.5%) 60% 95V!» 44% 34% . fund Stamped „ 95% 91% 58% 106 86 — - 40% 55% 94% 43 *61 sinking AGuaranteed (Kingdom Belgium 44%-103'/, 33% Extl 99% 88% 91% *38 97 35 14 . *61 AExternal ft 94% 88% 94-m ' 99 % *38 f 7s I960— assented A 6s 49 103% ' Jan-July 1942 sinking assented A6s 20 100% 40% Feb-Aug 1961__Jan-july 100 46 \ *61 assented s AExternal 101 ' ■ 27 Feb-Aug A6s 259 93% *93=8 43 10 - 102'/, 102% *38 external ARy external sinking fund 6s Jan 259 1 . 103 sinking fund 6s Sept 1961—Mar-Sept A6s assented Sept 1961 Mar-Sept AExternal sinking fund 6s 1962— April-Oct 70 __ 93% -Mar-Sept 1978_Jan-Jw!y 102%. 102% • 4-37/8- -43% 77% 100% *38 A 6s *70 1957_April-Oct •» 102% 75% ... 7 April-Oct 70 ser 1975 assented AExternal 70 2nd - t •„ 87 79% : May-JVoo I960— w„_April-Oct 8 A7s A6s 70% 65 7s 1974 Val (Dept of) 30-yr 3s s f $ bds AExternal 70 % 70 68% Id Called 65 *70 *70 - , '• . ' —— <'< ■ '"■(1 82 75% 1 79%".; *79''---'/A'-!-J 77% 78 76 -- *61 ' 70% *70 *70 sink Australia 100 65 102% ; —Jan-July 1661.. i 79%... 102 % 102 % 102% 75y« -- 1942_—May-JVou " *100 *70 2%s - ■ Mar-Sept 3%s of) f AChlle (Republic) — __ sec 1978 5s 1958—; 92 95% __ Cauca •2% 90% 6s AExternal 20-year 3s s f $ bonds Antwerp (City) external 2%s 25-year Foreign Government and Mnnlelpal Agricultural Mortgage Bank (Dominion — *78 - . sinking fund 5s 1957——Mar-Sept Caldas Canada — —June-Dec 30 *78 —— -••?•! rrft Teletype NY 1-971 27 The Commercial unci Financial Chronicle 28 ... (2220) Monday, December 7, 1953 NEW YORK BOND RECORD range Interest Last Period BONDS Sale Price New York Stock Exchange Consol A 7s A Chinese 1928 High *38 35% 4% 6% *6 '/a of 1927 June-Dec 98% 98% 101 99 99 42% Cuba Cundinaniarca -May-Nov 42% 54% 62 63% extended 6%) to 1960 88% 100 % 42% 22 37% 91 111% 41% Stamped 42% 44% A6s 100 extl (Republic s f dollar 3'/as extl s f dollar 3s f dollar extl s AEstonia 100% 100% 100% 31 1976 1 bonds Jan of) 91% Consolidated §A7s 7s 1st .mtge 82 82 % *65. —Jan-July 85% 66 62 65% 55 53 % 10% 16% 1976— —Jar.-July 1 *58% —Jan-July *13% 1967— 17 6 %s 1st series & Greek Government—A7s part A6s paid 1968 *97% Credit : 30-yr gtd 5 A 7s Consortium ext s series Italian Public 30-yr gtd - — A5%s 10 Tokyo 98 20% 19 5 17% 18 34 97 97 2 93 98 52% 52% 11 44 537/a 8% due 5A5s 19% A6%s 6'/2S extl 6s due due Joan '24 52% 42% ;—* 52% 76'% 17 — 89 7s (State 43 (Colombia) 30-year 3s $ l s j — 1 90 90 — A New 19G4 1st 7s 16 % 89 J954.. 6'/2s 127'% 64% 18 80 10% 17% 70% 41% — *69 June-Dec 1978__. Jan-July |A5s of 45 *43 -- -- _ *9% 1968..Jan-July ~8% 10 1945 9% Quar-Jan -- — agrcem'l.) 1945—Quar-Jan — - ... ; ... 1954 ment) June-Dec (1942 ngree't) (assented *9% A Sma ll (assented 1952— to ex'l (i'/2s rund Plan to April-Oct 2.125%) 2008 sinking lund pursuant to 6'/2s Plan to 2.125%) —. loan extended extl loan 18 % 18% 00 __ 1957 (Republic A Nat loan extl i iS 52 — 7s 6s f s 1947— A (City 1.959 series I960—June-Dec series 1961.. April-Oct ol) gold 6s 1940 ~1 to to to do debentures 2%s debentures 3s loan of 53% Arbor 99 % 102 4 98 3 95% 100% — P W 104% 98% 98% 4 95% 98% 101 % 102 % 42 97% 103% K- ^ec 22 100'% 115% *128% 130% 76% : *119'/a __ — 120 63 9 *100 .-a i" *50 99% —'' *32% — 77 105 I'ii — , 38% to 2.5%) 52 to external 2%) loan "l 48% 56% 55% 8 48'% 56% 55% 55% 55 % 1 48% 56% *8% „ *7 9 13 __ 13 1 8 17 ' ' ' ' — — 6% ' pursuant to 2.25%) stamped Atlanta Tan-July footnotes to - U % see 4s page 31. 84% 92% 91% 92% 68 87'% 87 88 68 80 % 111% 111% 495 108 '/4 91 91 91'A 11 84% 91% 14 84 % 937/a 101% 102% 99 97% 104 % 94% 89 1167/a 92% 2 41 114% 123 26 116 125 116% 118 117% 118 89 1,734 95% 96 101% 95 100% 99% 99% 10 95% 101% *93% 99 99 96 1977- April-Ocf Quar-./au *79 *__ Mai -Sept 1902: 3 — — 100% 100% 95 98 101'% 77 ' 83% ' 79% April-Oct debs 80 7 97% 92 101% 23 106 120'% May-Nov 109 109% 13 100% 112'% May-Wow Line 100% 100% 1 99% A 106 10fiJa 12 103% 100 101'% 4 97 102% 102% 102% 3 99% 104'% 93% 96% 115 114% 115 Ry— 1903 4%s 807a Fe— 1995 1 Air 90% 100'% 100'% 1995 April-Ocf RR 94'% 117'% 117% 119'% 119% 93%. 117% 119% 117% 100% 51 1900 mortgage 3%s Line 102% debs 3%s July h Ohio June-Dec 1904 106% 102% *96% 98 93% .95 67 86% 99% 101 76 92 72% 103'% 108% RR— First mortgage 4s series First mortgage 5% Aprll-Oct fixed 1975 .April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent interest) — and Series G due 11% Series due 14 Series 6'A 11% Ref . *37% 40 37'% 38 and K Dec A April-Oct *37 36% *55% — -- 38 55 — 3%% due April-Ocf 6'western *30 *49 -- 35 % 57'% 33 % 48 51 First 38 30% 30% 2 29 34% June-Dec *66 % — — 67% — 68'% lien and Bangor & Bell mtge 76% 76% 49 76% 76 76% 33 72% 85 76| 76% 39 72% 85 83 95 of 44 44 44 *54% -- 2 — 1 1966 May-Wow *55 .. — June-Dec 37 Jittie-Dec ref M 4s series 5s Pa Loan 93% 2 86 96% ser 83 83% 46 79 88% *82 82 % 75% 86% A 1980-Jan-7»f?) D 1985 series Loan 2%s C I960 debs .Tan-July April-Ocf —f ~ 92 108% 1973 mortgage 2%s series I 1970 mortgage 2%s series J 1976 mortgage 3s series K 1979 (The) Co 2%s debs 1981.. 4%s debs — 9 92 95% 104% 86% 107 91 95% 104 104'% ~ 95% 96 17 88 Jan-July May-Wow Jan-July Mar-Sept *94 Mar-Sepf 81 81 2 77 May-Wop 100 100 3 99 1961——April-Oct Jan-July *73 75% 71 71% 56% 57 Borden 57% Boston & Maine 38% "A: % 35% 37 75 90% 96 91% 96 92 *97% 100% *96% — — 91 96'% 95'% 100 '/a 98 RR— mortgage 5s series First mortgage AC 5s series II 1967 1955 mortgage 4%s series JJ First mortgage 4s mortgage 4%s series A July 1970. May-Wop AInc 111% Corp— Consol 38 93% 4 —— 108% 103% *104 Mar-Sepf Corp 903a *94'% 1961_Ma7/-Nov First — 83% Jan-July Consol 33% ; < *89 ' 75% 92 May-Wow 55 56% 2 *36% ,'vT. 64 . 48% r -April-Oct' 85 division— Beneficial 34% 4 — 38 29 63 ',4 W'est Virginia— First 37 89 67% 53 (interest A 88% 67% 43 % — 36% 88% May 2010 Consol 36% ' -June-Dec Feb 1%% conting int) Industrial Steel 85 (2%% 1995 Aroostook RR— 4%s conv 1976 Telephone Bethlehem (interest 2004 76% Mar-Sept Mar-Sept 4s series A 1980 div first mortgage 5% (3%% fixed & 1st April-Ocf (interest Plan 1 income Toledo-Cincinnali .April-Ocf A June-Dec 1996 contingent interest) — Dec 96% 102 2000 general mortgage (1% and Pittsburgh Lake Erie & 58% (interest 1968 A 1 March 101 I 1995. 1 March due M 94% (4% Refunding /cm-July _ 1975 A July series B 1% contingent interest) July 5% (interest 2004 2.25%) 69 39 63 1995 4s Beneficial due 6%s 1952 61% 91% July 4s 5s Charlotte & Coast A 1946___ to 211 99'% Gen mortgage 4 %s-4s ser A 1980 Mar-Sept Gen mtge 4%s ser C 1972 —..—..Jan-July Atlantic Refining 2%s debentures 1966 Jan-July 14% — Plan 130 86% 1900—_——June-Dec only) Santa A4%s convertible June-Dec pursuant reduced IA Rome (City of) to 94% 100 76% Feb-Aug 3%s & 8 11 A 1999:, 1926 105 Corp— gold Investment Baltimore 55% 55% 3 2012 of Inc Topeka . Plan 100 54 38 55 'a 7% Feb-Aug A sinking fund gold to 86 1 __ 100 % 31 -- 7% _ Plan O 72 % 55% ; Feb-Aug of) -,PI 100'% April-Ocf (reg Products Co 8tamped 130% 69 6 70% ■ O 98% 1902—Apr/f-Oct 3s 1977 4s first General 99 102% 1965—— Nitrate mortgage Ann Jan-July June-Dec 1909 debentures Anglo-Lautaro 1st 35 wi —Mar-Sept ,— Tobacco Co debentures debentures Atchison 1 1953 1921 to pursuant reduced For 97% 91'% 111% ——Feb-Aug 1963 debentures 1904 debs conv June-Dec 1971 convertible A 76 Va 104% .June-Dec 1973 3%s 54 100 June-Dec April-Oct 1961— 1987: debentures Associates 11% 2012 (State pursuant external reduced 2%) Sul 1975 1986—, debentures 102'% 7% 2001 A Plan 1980. 1982 102 11% 2001 to reduced (Interest Plan 6'/2s external 1967 80 70% 58 99 87% 101% 1950—Jan-July Plan 2.375%) secured reduced 7• 99 % 36 98% Jan-July Series J pursuant Stamped 94'/« 3%s s f debs Corp debentures 99% 98 May-Nov 1970 debentures 99% Jan-July pursuant pursuant to reduced to 2.375%) A7s 104 % 105 % 103% 104% 90% of)— Stamped Stamped 101 '/a 96 91% 92'% 1 April-Oct gold 8s 1966 stamped pursuant to Plan (interest reduced to 2.25%) 2006 IARlo de Janeiro (City of) 8s 1946 A6s 78% 102 102 102 -102 —Feb-Amu April-Oct 10 101% 101% April-Oct April-Oct 1947—April-Oct 1968 reduced Stamped 10% 126% Lid— debentures fixed IA 8s 1964— 3%s 100 '100 May-Wow 65 3%s 36% 31% *101% 102% — Mar-Sepf Mar-Sept 1st 1958 stamped Grande 14% (interest 7%s Rio 97 INDUSTRIAL COMPANIES AND 79% 101 % 101% 101% May-Wow April-Oct Mar-Sept 2nd 6s assented Stamped 66% 78% 64% 90 52 ' — 101% :101% __ 101% May-Wow I960.— Plan to § A External sinking fund A4'/2s assented 1963 5AExternal 78% 111 77% 100'/a 100% May-Wow 1958__ to of) f s (Republic (Interest *129% 78 64% % 34 36% *34 Mar-Sept 2008 external 7s of) A4'/2s assented Alegre 5% 6'% 1904—May-Wow American & Foreign Power deb 5s 2030 Mar-Sept 4.80s junior debentures 1987 Jan-June American Telephone & Telegraph Co.— Atl IAStabilization loan sink fund 7s 1961 8 14% . 93 19% 75 — — *53 — Mar-Sept u 2.125%) extl 88 82 6% 1967 Airlines 3s debentures Bosch 3%S conv debs — *53 . .Mar-Sept (30-yr) (Slate to loan Porto 97% 82 64% *12 June-Dec Canada of Anheuser-Busch 1963 to pursuant ANat A4%s 91 - —- 17% 19 *18% Mar-Sept sinking fund 4%s 1955 reduced lAPolaud 99 *70 mortgage 3%s 2%s convertible (interest A 1953 extended 1958 IAPernambuco APeru 89% 82 100 16 — — *34 1959__Mar-Sept 2008 (30-yr; 1953 Stamped 92 83 June-Dec America of 2%s Development Co Ltd— A5'/2s 83% 88 97 89:% 93 First 5%s due Oalo (City) 90% 88 *97 88 *96 3%s sinking fund -4 (lis 1965 April-Oct 4s sinking fund external loan 1963—-Feb-Aug 3%s sinking fund external 1957 .April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec extl 148 *91 90 % May-Nov 1966.____June-Dec 16 14 % — -- . — ]958__Mur-Sept (interest Mar-Sept A (Kingdom of) 2%s (Kingdom of) 4%s 1956 due 100 95 7 — May-Nov 2%s debentures 16 *18% External §A6s 997/a 148 1979 3%s Southern debentures American sinking Netherlands 6s 1937) of 1971 to 78 159% 164%, 164% 1979— 1961.. 3%s — agree!) 1963_Jun-jii(« (1942 pursuant reduced Oriental 99 Feb-Aug 2%s Jan-July 6%s of) reduced Norway ~9% (State)—- Stamped 3%s American , extl Secured 148% 101% Co 1922 to 1933 (City Stamped A -y* 03 * 14 7 a *15% *15% 1913 assented. Geraes Scoured 1 161 — first 2%s — A 161 — -- ngree't)'lW.LJan-July (1942 A Small SAMilan 69% Feb-Aug Co Aluminum 2%s ... (is or agreement) SASmall Mlnas ! 00 ~9% agree¬ — new 14 99 104% 98% .Jan-July assented lATreasury a6s — — IOC,II..Jan-July 1922 to 17 % agree'!) 1922 1945 new 2 77% ...Mar-Sept RAILROAD Great Power American §ASmall a4s 132% 119 132% 77 132 readjustments extended 1961 Alabama 17% 16% — — 17% 15% -~I-- —... J9K) 16% __.__.___u— ... „ A4s new assented of — — 1963.Jan-,July agree'!,) 1904'(assented to due 6s bond '26 of 57 54 132 1958 of) loan Aluminum (1942 A Small IA4s — 1946—Feb-Aug a May-Nov May-Nov 8s 1960 1964 (is readjustment (City 72% 49 49 . — — assented ALarge of 64'% 7 71% 60 120% Inue-Dec —..June-Dec 1972—.Jan-July Albany & Susquehanna RR 4%s 1975 April-Ocf Allegheny Corp debs 5s ser A 1902 May-Wow Alleghany & Western 1st gtd 4s 1998 April-Ocf Allied Chemical <fe Dye 3%s debs 1978 April-Oct Allls-Chaliners Mlg 2s debentures 1956—Mar-Scpf ________ § A Large A4s 71% *55% 106% 5 Mar-Sept conversion assented fextl A6s 70'% 60 3 69% 119 *57% 1955 to _9% — SASmall new 69% 119 Mar-Sept external (dollar 99 117 103 1978—Feb-Aug 3%s external readjustment 1984 —Jan-July Valle Del Catica See Cnuca Valley (Dept of) AWarsaw (City) external 7s 1958. Feb-Aug Yokohama 11% 94% 46 Ltd— -- . A5s 98% 16 6% 98% April-Ocf fund Alabama ( 1922 8% 10 1971— 1945. extended sinking As due __ assented 98% 83 80 4 88 <15%' *8 1952—1 Co — ... SASmall IA5s 16% 141% 87 % 37/e-4%-4fts external conversion 1978—June-Dec 44% 9% due 1899 §ALarge 9% 127% 16% 1943__May-Wow (1942 .ngroein t) ot) 16 *13 —.Jan-July 1963..... to 4-4%-4%s external 67 *16% — 107 11 79% 78 May-Nov 1957—Awrif-Oct Jan-July 1953 $ ser Power (Republic) External 144% 77% 20 87% 1968 (Republic 9% *15% 1.1952 coupon on mtge s f 1945 3%-4-4%s ' 127% 127% May-Nov — 1975 Bank) 86% 87 Feb-Aug 1943— assented ASinnll Mexico 73 16 *141% 145 April-Ocf to fund 92 129 2 144% 144% 144% Feb-Aug Irrigation— |A4,/2s assented (1922 agreement) small 81 56% *15% May-Nov 1981— '12 of sinking 91% Mexican § A 4 %s mtge External to bonds 1962 1961 AExternal 54'% 78 33 53 *90 Jan-July June-Dec 1965.. Mlge 75 Jan-July extended extended due A4 %s AMedellin 79 63 64 May-Nov 1957— to '27 of loan Electric lAUruguay 80 52% 53 Jan-June to '30 of 79 58% Ltd— Co AExternal J.>54 extended 1965 AJugoslavia -Mar-Sept loan 1961 1st 5A7s 52 % 52% —./cm-June 1951. extended 1954 A5%s extl 5%s of 73 Jan-July — 3%s extended sterling 1953 Govt)— loan 60% Tokyo Electric Light Co Ltd— Institute— 7s 91 62% — SAWith March Public Works ... ofi (Imperial 79 (interest f 1971 s of) extl {A6s s (Kingdom Japanese 63 63 62% .April-Ocf external Power 1971 (City A5%s 18% 52% ...Jan-June f 3s 1977' 7s 1952——: ext 1968— 1962 Council (40-yr) 5%s due 154% 93 98% Electric 100 96 138% — 18 April-Oct 1960 1977 3s Utility §AExternal §AItaly f for 1947 B 57 (Kingdom; — secured OJlgawa Italian 49 84 .% Plan A to series County 160% 19 May-Wow ....Feb-Aug 1977..——— f 3s s 56 Jan-July §A6%s 1st mtge s f 1952 —June-Dec 6%s due 1952 extended to 1962 —June-Dec ASilesia (Prov of) external 7s 1958 ...June-Dec A4%s assented 1958— June-Dec 5%s Helsingfors (City) external 6%s Italian (Republic) — 30-year cxt Jan-July 2012 A7s . 1964 paid part *155% Jan-July 1960... 149% 100 100 Feb-Aug Jan-July 1950 to *161% —Feb-Aug 1954., to extended 1950 due , (interest A 1999—. external Taiwan 1944..— A mtge gen 1999 Plan loan 2%) secured B 58% A —— Power— extended 1944 A ser §A6'/2s Elec Plan — A8s 101% 76 49% 68 *__ May -Nov to 2.5%) to dollar Sydney Great to Serbs Croats & Slovenes *82% Tan-July — 1976_ 1 Jan 7s 2012 2.5%) to High Shinyetsn Electric Power Co Ltd— Jan bonds 42 102 100 9 of)— bonds (Republic ft 100% 100 ft 29% 1 36 36 ..April-Oct —._ ,—— Salvador external Low 60% —Jan-July A7s external water loan 1956— Mar-Sepf Stamped pursuant to Plan A (interest reduced to 2.25%) 2004 Jan-July 117 No. High Since Jan. 1 (interest A 1950. to Range Sold 75 May-Wow 1957—-Muy-Nov fund pursuant pursuant reduced Bonds — reduced §A8s external 4 oh Range Friday's or Bid & Asked (interest a Plan to 2%) to stamped reduced (Kingdom of) extl 5%s 1955— ...Feb-Aug External gold 4%s 1962. --April-Oct 4s 2001 Stamped pursuant Denmark El Plan (State 1936 to reduced (interest assented Paulo (interest 93 101 44 *43 San 8s 99 % Week's „.May-Nov to Stamped pursuant Czechoslovakia Stamped 1952 8s 2.375%) to reduced 90% 113 % 114 113% Jan-July 30-year 3s sinking fund $ bonds 1978(State) — (City) pursuant reduced 8 30 oft— iDept Paulo Stamped 100 93 Sale Price Low SASao 103 % 62 ..May-Nov 1951 4%s external 1977—. _June-Dec (Republic of) 61% 37 % 49 % 15 52 % Last Period 'High 62 52% 52 % (City) 5s 1952 25-year gold 4%s 1953 §ACosta Rica (Republic of) 7s Interest Exchange A6%s extl secured sinking 3s ext sinking fund dollar bonds 1970-. .April-Oct iAColombia Mortgage Bank O'/as 1947—. -April-Oct SASinking fund 7s of 1926 due 1946— ..May -Nov SASinking fund 7s of 1927 due 1947-. —Feb-Aug §ACopenhagen BONDS 98% ...Jan-July 1961 Jan \ New York Stock 98% ,.April-Oct 1961 Oct december Since Low No. *61 1951-,—,—— ..June-Dec 5s ended Jan. 1 (Republic of)— of AOs — Range Sold 55% .Mar-Sept ,_Mar -Sept I960 7s 1960——— (Hukuang Ry) Colombia A6s Municipal assented meek Friday Bonds Friday's or Bid & Asked Low AChilean for Week's Range Friday series RR 1960 81 71% 56% 82% 101 73% 77 68 70 77% 17 55 62% Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2221) NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Last Period Sale Price Exchange or Friday's Bid & Asked Low Bristol-Myers Co 3s debentures 19G8 April-Oct Brooklyn Union Gas 4s debentures 1969~Mar-Sept General 1st mortgage mortgage 3s Brown Shoe Co Buffalo 2%s 1976 * 1980 1971 Co Bush Terminal A5s Cons 5s BONDS y 99% Jan-July 87 1041/2 31/4S debentures 94 V* 3%s debentures 96% 102 Consolidated 3s A 89 90 in 29 5 103 »/4 5 76% 98 1st U S 101 Continental Continental Crane Cuba Electric Power firsl 1976—.Jttne-Dec 3s California Oregon Power 3%s 1974 Canada Southern consol gtd 5s A 19C2 Canadian National gold Guaranteed gold Guaranteed gold 4% Pacific 4s Airlines debs Carolina 961/4 85% 97 IO31/2 107 961/4 106'/2 4'/2s 1957 Jan-July 1955 4%s June-Dec 1956 *106',8 Co Can 2001 Cuba A Clinchlield 3'/4s debentures of Ohio & Jan-July 4s 97% 49 102 '/a 103 % 103% *97 Mar-Sept 19C5_ First 104% 104% 94 99 "l 101% P 1900 issue) 1st 1900 gold 4s 1948 1995 Jan-July Jan 1 2020 mortgage 4 '/2s series B Jan 1 2020—May General Central York Pacific First 4%s series .) mortgage New and A 3'/4s 191(7 Power 4'^s and 3s April-Oct A 1974 13 Feb-4ug Feb-Aug 1908 3s 1965 106% impt M 3Vis series E impt M 3%s series 11 div first consul gold consolidated 4s gold 4s 1996—Feb-Aug 1973—June-Dec 1989 4s Chicago Burlington & Quincy General 97'% . /cm-July Mar-Sept Western 4s A ser mtge 4%s Jan Chicago Indianapolis May-Nov 81 mortgage series 4s 4 %s mortgage increased conv Chicago & North Second First Delaware & 101% Delaware 98 98% 1 A A 81 90 68 2 62 75% *83% 68 52'% 5 2'4 52% 96% — 97 51 13 62% 90'4 230 98 V* *97 — -i 97% *100 • 98 96% _4 116% 117% 19 96%» 116% A ser B 96 103 99% 108% 120% 96% 97% 38 89 25 89% 100'4 6 99 % Cincinnati First 2019—April 2044 1 April B 1999— April I 1989 Jan Cincinnati First Southeastern C IT Union 99'4 -July Jan-July — -- 112 mortgage Jan-July 104% Financial City Ice & City Investing Co Cleveland General 5s 79% 77»/2 77% Div coll 4s trust mortgage 2:'/4s 4s Denver & Salt Income mortgage 3%s debs conv Gas first gtd 3s debentures 1% 3s 80 77% 77 27 74 18 110 103% 84% First B 72 11 95 ref & gold Chemical 3s subordinate 99 102 1st mortgage lst mortgage 96% 96% 96% 5 92% 66'4 66'% 5 66 '4 80% 67% 56 57 135 56 54% 56% 266 54% 73 % 73'% 8 73 96'% 96% 69% 71 *67% 68 88% 3 Edison El 77% 96% 101% 101% 78 ya 66% — 78 95% 15 103 ye 89% 95% 91 93'/a — — 101% 7 101% 102 86 94% 103% 96% 98% ~3 92% 83 100% 104% 49 86% 9 6'/a 92 96 96 99 78 88 98% 93'% 93% 94 93% 93% *96'% 98 87% • 5 88 Paso 5s *101% — 7 «. 100 _ 104 >. 49 69% 79% 62% 62% 64 14 61% 69 'Ci 88 •«.«. 92% 102'/a 100 *93 92% 99 100'/a 27 r 102 5 100% 100% consol consol Ohio IFloridu 1st 93% 99 105% 98% 3 101'/a River 103 >4 97 *87 92 April-Oct April-Oct *88 89 97 V* — 2 — — — mtge ser ref M 3'/4s ser G 1st & ref M 1st & ref 3s 3%s M ser II Gas 2%s ref M 2%s ser 1st ref T ser fnnf n/vf cp X 1967 ecn 1986 Ol series Jan-July Jan-July Jan-July O 2000 Jau-July P 1982 Jan-July Q 2010.—Jan-July R 1961—Jan-July ells A Feb 197C D 3%s series N mortgage 2'4s series Bay & West debentures certificates ADebenture Mobile First — 6, & Ohio — 100'4 100% *94 O r- Jan-July June-Dec % 96'/a 1 _ _ -- 93% and B 101'/a mortgage 100'4 debentures 95y« 93 «... 102% 103 18 __ 103% 105'/a 0 OO 134 97 ~9 — 135 103 104 109% 105% 109'4 73% *— 99 83 79 83 >80 "4 *— 81% 97 ~ — 2 70 81% 94% 94% 76% 83'/a 76 — — 82 Va 93% 99 3%s 99% 99% Hudson 89% 99% 102% 1978 3s first 104% 1,02% 9 7'4 97% 20 96% 13 94% 89 „ 99% 100'4 — *102% 98% — 143 — 83'4 101% 94% 102% 102 H OO 98% 104 V* 104'/a 104'4 104'4 103% 103 15 98 103% 103% 362 101 104 102'/a 103 347 101'/4 103 *93'% 93 94 95 97% 99'/a 97% 14 116% 116% 4 108% 116% 112% 97 6 102 87 88 15 80 87 87 2 77% 90 84 84 2 76 85% 109% 110 — 89% . *74% .94% 69% 13 80 76% 91% 96% 73% 75% 94% *70% 75 21% 2 12 100% 110% 1 96% 21% *89% 21% 83% 90 101% 91% 99 % 99% 15 95 102 75 75% 15 72 82 97% 97% 90% 84% 92 *98 100% 90% 97% 101 101 10 10 >96% June-Dec ——June-Dec May-lVot) — 101 94 102y4 June-Dec mtge 1S76—Mar-Sept 90 90 Jan-July —Jan-July 2%s 4%s first Ry *115 116 1999 Mar-Sept A — *89% __ 86% 90 106 117% 89 90% 95% 103'% *103% 104'/4 104'4 121% 154 *106 Mar-Sept Lighting & Power Co— after 7-1-53) Coal first sink fund & Manhattan Adjusted income first 5s 105 165 *94 % >89% Finance Corp 2%s 1970-, (conv Hudson 92% 100% 101% K Feb A A 153% 151 86% 84 86% 21 83 51 51 51% 135 51 64% 17% 17% 140 17% 31% 1957 Feb-Aug April-Oct 1957 154 102 June-Dec 1962-Junc-Dec 1967 5s ser 5s 00 105 I Illinois First Bell Central *92 '/a Consol mortgage 4%s-3%s ser mortgage 98 Consol mortgage 93 3 104 % 107'/a 102'/a 120% Debenture 99% 94% mortgage 5%s-3%s series B Consol 122 93% 92 '/a 97% 98% RR— 96 106 85% 98% *_■_ June-Dec 92% 0 1981—Jan-July Telephone 2%s series A 3s series B 1978 mortgage 117% 118 106 73 73 1976—May-Nov April-Oct Jan-July mtge 15)69 Water Valley Hocking 93% 93 - vW Jan-July 1st mortgage 2%s 1975 First mortgage 2%s 1980 1st mortgage 3%s 1981 1st mortgage 3%s 1982 104 V, 90% 100% — — r—Feb 1968 2%s Utilities States 92 ya "f 89% :",88 r 0 OO refunding 4s series B Refunding- 4s Refunding", 5s — 117% — «... 96% 109 RR— Collateral trust 3%s 81% 96% 91 — 103% 103% 15)90 First 140 — 5 92 *134% 1975——Jan-July General mtge inc 5s series A July 2015_ April First and refunding 3%s series D 1969-April-Oct General mtge inc 4s series B Jan 2044 April 3s 95 3 _ 88 *100% 101'4 15)65—May-Nov Consol June-Dec norm 1973 C 2%s series 97% — —April-Oct 1983 Y 96% 102% 103% 103% — 7au-July U 1981 ser (Bait) first mtge 2%s Co mortgage Illinois April-Oct Power M debs June-Dec 1954 & 1976 ser 3%s 96% 0 60 Ry Co- General 93 5 94% *99'/a -r Mar-Sept 1969 Houston 96% 271 101'/a 102 84 Corp— debentures 95% Mar-Sept Feb-Aug 1983 F) Mar-Sept 1961 Utilities & 99% 96% 93% 91'/a Jan-July General 91% 91 25 71 Corp— 94% 18 96'4 91 Jan-July debs 1976 1958 98% ±—May-Nov 1963 3%s Corp 94 '/a 18 96'4 •„ May-Nov 1968 _ 76 73 104'/a Co— 2%s series 99% Bait City— mtge s f 2%s conv Pnt* Lt El 1st 1st ref of mortgage 4%s ref 3'4s I debentures 1st M 1981— Ry 1958-_——— *95% 100'4 10 94 May-Nov Jan-July 1982 debentures 1981—.Feb-Aug 1982— 3'/2s seiies 3s convertible Consolidated Gas Co F 4%s debentures 98'% refund 1961 4%s 94% and debs . 3%s i972_J«7ie-Dec First 3s 91% series E 17 83% 93% 2015——_April Jan A ser 93% C mtge 3s 96% 102 April-Oct 1965 84% 1972 May-Woo 1979_Ja«-July refund 5s 83% ser refunding 3s series D and first 1 2:'/4s refund and First 103% 104 71 83% 3%s 12 mtge and First General 8 — 103% gold 5s 19i)5_Jan-July 1970_j Mar-Sept cons 91% 1982 1977-April-Oct 144% 68 Mar-Sept 90'% A B 1st & — May-Nov Mar-Sept 90% ser ser 3 • April-Oct 90% 2%s 2%s 75 1976_Mar-Sept 1961 Muy-Wot) 91% mtge mtge *68 144% 107 121% 75 B —'' refund refund Consolidated 102% 1961 3%s series 82% York— and and First 4%s income (B Household Mar-Sept June-Dec *68 Feb-Aug mortgage 86 97 April-Oct First 100% 143 Jan-July mortgage 90 62 First „ *106 1974—Mar-Sept Denver & Realty Hackensack Consolidated Edison of New 104% *101% debentures conv First — 98'4 102 95% 104'4 *103 May-Nov 1995 ser General 99% — 97 4s General 102 '/a — *91% 91 y2 mortgage 3%s 1971—Mar-Sept mortgage 90% — — 94 y4 *90% June-Dec 4 %s 102 % 91 98'4 102% 100'/a 85'% 1959 Geneial 100% Feb-Aug 92% 10 Feb-Aug first General 100 April-Oct 100% 33 91'/a June-Dec 1988 1977 5s series 93 % 1961 A 94% 98% 90% 1982—May-Sept —Mar-Sept 1958 1972 General Gull 1965 18 98% 99 Northern Great 92% Co— 3%%) I 99 Va 100% refunding 5s series A and Goodrich 6 99% 97 Cigar Cor))— (now 94'/a 98% May-Nov debentures 95% 99'/a 3%s series Power Debentures 102% 86% G *94 94% Saiitrera—See Anglo-Lautaro Nitrate Conn 95'/a 9 99% May-Woo 4%s Ry Rubber & Foods AGreen Compania Consolidated series General Motors Acceptance 90 *89% 18 93% Jan-July April-Oct East Coast General 5 98% — 93% June-Dec 1993 2%s 4%s first mortgage 15 *98'% debentures 2001 100 y2101 101 April mortgage 3%s series E 1964-Aprll-Oct mtge 3%s series F 195)0 Jau-July mtge 3%s series G 2000—. Jan-July Tire Worth Fort Feb-Aug 1978 Jan-July 1983 inc 3%.s debentures 94'/a Feb-Aug June-Dec 94% (4%% 1977 first debentures 97% April-Oct 1977 1993 1965 Division 2%s 94 1970—May-Sept lirst external 4s 1955—Feb-Aug Edison 94% — Co— consol 97% 97% __ — — Georgia div first 5s 1956_May-Woo Y) Mtge First June-Dec sinking fund debentures 1999 2%s s f debentures 1999—— s 102 Mar-Sept J, — ■ *88 1979_Jan-July — — — fixed gold Southwestern First A4s 71% *90% 90 RR— 15)82 Eastern stamped 3%s 70% 3'/4s & (N Railroad General 4s 70% — Va 111 & General 100'/a 95% 1977_Ju/ie-Dec 19751 98% 103 % 103% 103% 87 V* —April-Oct 98 91 *90 F 9 *93 80 1980 100 94'% 100 El First 70 2 101% E East Tenn Elgin Joliet & 64 93 — 2%s 2%s 99% % 102 102% " 91'4 1982 3%s 94 % 97 6 1076 RR 3'/4s 94'% 95 83 1970 2%s 17 95% 1975— Co 100% 101% 101'4 4 31 98% June-Dec debs Light mortgage — 98% 100% 100 — 96 debentures 2.35s mortgage — 100 — 96 fixed lien 1st —- 101 94 96 *82'4 3 1985 1995 1st 55% 98% 4 *99% 101% 91 A II K first 4s 71 56 95% 98 84 3%s series M 72% ub 87 93 1 1980 debentures 59% *96 3s 27/es 15 87% (3% Detroit Terminal & Tunnel Gulf mortgage 3s series I. mortgage 3s series N First 93'/a *92 % 87% trust 2%s 2%s ser mtge Muck Second 851/2 " Elec refund 61% 100% 93% May-Nov May-Nov 1985 2018 3s series and convertible Dow 78% 6 106'4 1961—April-Oct 4'/2s 1977 C Ohio & Toledo Commonwealth 93 34% 34 A contingent interest) E'dison Detroit Tol & Iron ton 117 93% Jan-Jnly 1975 A ser Columbus 25% 24 -» 11 83% & 88 % 101 % June-Dec series SouLh & 35 —— • 24'/4 May-Nov 1973 (3% 1 1990-May-iyow 1966 series debentures 26 : 24 86 Gen 1 System Inc— debentures 3%s 29 *28% 15 7'/a 1 Corp— 3s Columbus *25'/» II II — —Mar-Sept June-Dec 1986—. 4%s 27% Lake— mortgage 28 lune-Dec 1970 3s 1985—; Columbia 21'4 89 96% 92% Ry— 1982 Line 33 89 3%s June-Dec Illuminating & Iron 22 89 ref 3 1977—Jan-July 1991—Jan-July coll interest 59% June-Dec J961 Louis 1st First Short 21'4 May-Nov trust 3%s series mortgage contingent ■ Fuel 40 22 97 1 2042 contingent interest) Income 61% June-Dec Its First 31% 91 y4 Western 59% Jan-July 1993 mortgage Colorado 25 71 trust 2%s 61'% -April-Oct 11)66 and coll & 59'% Ian-July St & First Cleveland 34 85 ser Light 3s 61% June-Dec first Electric 33 "5 & 109 1977- debentures Midi St Louis Division Cleveland 1!)59_„ delis Chic & 33% 91 76 Gen 9 100 1969—_Fcb-Aug imp) 4'/2s series E Wab 91 1973—May-Nov mtge 2%s ser J 1985 90 >117 1974——Feb-Aug G debentures 13 series 101% 91 75% ref 105% 105% — 4s 103% 96% 76 May mortgage series A Detroit 79% & Rio Grande Firestone 4s 1993 Refunding and Cincinnati series f s Cincinnati General gold 100 100 division mortgage A First 3%s series E 2%s 93% 102 May & 94% 92% *90 *93V2 Jan-July 1960 Fuel 96% 105% — 102 20 89% 103% Div C Gen 100 Jan-July mtge 2%s i975_Apn/-Oct Corp 2%s 3s 10 12 10 Co— 1993 105 »/a 8 104% 104% M«y-Nov 1982 A J978 2%s Service Co *99% April-Oct Jan-July RR series 5s due trust 4-6s Power & Detroit Ry— 1963 ser 1st gtd Essex mtge 112% 99 *103 *101 % ~ Terminal— debentures 4s Cities 4%s 2Vis mortgage First M mortgage and coll First Erie 1989 Gas & Elec mortgage 156 ■ First 104'/2 74 Ian-July & mtge Delaware 100% 97% 102'/a 103 73 First mortgage 2Vis series G 1963 Chicago & Western Indiana RR Co— trust 11% 94% 106 *94 1963 Wetesrn & mtge & coll tr 4%s Duqwesnc Jan Jan mortgage 3 'is series F coll refund mortgage & 1% 73 refunding mtge 2:'/4s-4 '/4s 11)94-Jan-July Income 2%s-4'4s 1994 Jan-July Chicago Union Station— 1st 106% _June-Dec — mtge & coll tr 5s ser Denver 97 97 102% First and First 103% Jan-July Western & 1st 1st 102 Ry— A ser Haute 3 Pennsylvania. Division— Western Ry— 2%s and Income 85 ■ -- April 1994- inc series mortgage 3s series mtge 102% II June-Dec •_ extended 4s Lackawanna Collateral 75 Chicago Rock Island & Pacific RR— 1st 95 % 94% Feb-Aug 1977 Hudson York First 98 105 11 83% 2038 mortgage conv inc 4%s Jan Chicago Terre debentures New 1975—Aprll-Ocl ^ 1978 A 1982 Lackawanna 81 80'4 83 inc series A Jan 1983 April mortgage 4',is inc ser A Jan 2003 April Chicago Indiana & Southern Ry 4s 1956 Jan-Julv Chicago Milwaukee St Paid & Pacific RR— 4Vis 3 V'as 98% 91% 83 mortgage 4s First 3'/4s 98% 98 - '■ „ ,_May-Nov Jan-July 1988- Louisville & April A 2nd General June-Dec Union Ry 3%s series B 1965 Co 2%s debentures 1965 69 RR— mortgage Inc conv 5s 1997 First mortgage 3%s series B 1985 Chicago & Erie 1st gold 5s 1982— inc mortgage General A General A 1st ' ■ *93 refunding mortgage' 3'/»s 1985._Fcb-Aug First and refunding mortgage 2%s 1970—Feb-/lup 1st & ret mtge 3s 1990 Feb-Aug Chicago & Eastern 111 RR— AGeneral First Deere & ' — Jan-Jnly 1989 1958 Great series 96 12 First and Chicago 3s 91 23 Jan-July Mar-Sept 1996—May-Wo<> and A mortgage 1 1992 impt M 3'is series I) and Second 13 106 June-Dec .—June-Dec 1978 First 3%s series Refund & 91% 96% May Jaw-July 1974 Refund R 1970 First 99 Ry Co— refund Jan-July 1970 B 1st mortgage 31ms series Champion Paper & Fibre deb Chesapeake & Ohio Ry— Refund A 3s — First General ser mortgage Morris mortgage N June-Dec 1970_ ser 92% 95% 91 June-Dec AGen Central *93 % Feb-Aug Feb-Aug AGen ol 30 Dayton Power & Lt first mtge 2%s 105 Georgia Ry— RR Co 1970 1970 60 *62% April-Oct mortgage 4s series A Central 4s June Imp & equip 4s Dayton . (1947 U 100% 101% 11 11'/4 106 1966 May-Nov 106 V* Mar-Sepf debentures § ACentral Branch High 95 y2 105% 105% Jan-July May-Nov series) 'First 1976 3'4s Low D (perpeLual) I960 debentures Central ref 103% Jan. 1 No. — 101 April-Oct 1st mtge3%s Ry— mortgage guaranteed 4s 1981———.June-Dec Case (J I) Co 3'/as debs 1978 Feb-Aug Celanese Corp 3s debentures 1905 April-Ocf Corp 4s & 104 % 1041/4 -Feb-Aug First Celotex ref lien A 1st A Carthage & Adirondack Ry— 3'/as & 107% Range Since Sold . mortgage '4s 106% 1965 1976 1977 (1942 lien 103% — II II *98% Bonds Ry— A 1st Inc— series RR— rAprll-Oc# Mar-Sept 1975 Jan-July debs debs mortgage 4s 104% 2%s 1983 3'/4s f s ' __ High to payment Baking 3s debentures 3'/as Northern A 1st 104 % 1041% 104% Range Friday's or Bid & Asked Cuba— as first mtge 3%s A 1st 4%s debenture consol Capital 95% Ry— Guaranteed Canadian 89% 106% 106% May-Wot; April-Oct 91 % 91i/4 April-Oct June-Dec of (stpd dollars) Power mortgage 1071/2 86 debs Crucible Steel Co of Am California 1968 May-Nov Railroads inc cum 94% 81% 23 83 2%s 1978 87% 83 Sale Price 1976 94'/4 100% 100% Jan-July Gas 83% 1031/4 103'/4 100'/e April-Oct 1982 Natural 96% 99 i/a Last Period Low Consolidated Consumers 87 V'a Week's Interest High 96'/2 92 *93 May-Nov 4 New York Stock Exchange Low *98 1955 income mtge No. 96%- Jan-July Buildings 5s gtd I960 general Jan. 1 99 % *91 1975_May-Nov Rochester & Pittsburgh Ry— Stamped modified 4J/2s 1957^ DECEMBER Friday Sold High 98 V4 Buffalo Bush Terminal ENDED Range Since Jan-July 3%s debs WEEK Bonds *101% 1031/4 Jan-July Niagara Elec first mtge 2%s FOR Week's Range Interest 4%s A 1979—May-No» 1979_May-Woa May-Woo Feb-Aug 3%s series C 1974 37/aS series E 1982 1955 1955 1966 May-Wot) 98'/2 98% *96 „ May-Woo ..104 s 105% Feb-Aug 102 94% 96% *99% 100 95% 100% 6 103'4 104 »/4 105% 105% 16 105'% 107 102 43 49 100 104% 103 % 104 102 .°0 2» \ Commercial and Financial Chronicle... Monday, December 7, 1953 The 30 (2222) NEW YORK BOND RECORD RANGE FOR WEEK DECEMBER ENDED 4 Friday Friday Interest Last Period BONDS Week's Bange Sale Price New York Stock Exchange or Friday's Bid A Asked Low Illinois Terminal Ry Indianapolis Union Ry Co— Refunding and imp 2%6 series C 1986__June-Dec Inland Steel Co 3'As debs 1972 Mar-Sept __ mortgage 3.20s series I 1982—. ^International Great Northern RR— § A First series 6s § A Adjustment A First AFirst gold International 3.65s Inter series 6s series 5s series C 5s debs subord 3%s Oil f s 1st 85% 90% 75 102% 80 120 5 98 112% 102'/2 102% 102 % 4 98% 113 90 100% 100 99% *_. 1977_!—__Mar-Sept 107 80 1 80 80 80 94% 64 99% 100% Jan-July —' 3%s Jan-July 1978 1980—-— 3s mortgage 96 . '■ • ■ " Franklin Clear & Central Power Jersey 1st 91% 92% 92 % 20 87% 93 91% 1959—June-Dec 4s 2%s 1976—Mar-Sept & Light 91 % 1 85% 94% K Kanawha Mich & 1st mtge 4s Kansas City Power & Light mortgage 2%s 1978. 1st 1st mortgage Kansas 1st 2%s — City Southern Ry 4s ser A 1975-.. April-Oct 3%s series B 1968———June-Dec City Terminal Ry 23/4s 1974— April-Oct *100% Kentucky Central Kentucky Indiana & Stamped Plain mtge Terminal ——______ unguaranteed . 1961 Kings County Elec Lt & Power 6s Koppers Co 1st lAKreuger 3s mtge Toll & 1097 98% *145 April-Oct 100% 99% 150 175 1% 53% L Lakefront Dock 1st Lake Shore 3%s & Mich registered Lehigh Coal ref & 1st 5s ref & June-Dec 1970_April-Oct A ser 1964 stamped 1974 .....Feb-Aug .Feb-Aug — *58 4%s mortgage Valley Series B Series C extended interest fixed 4%s fixed 5s consol gen fixed 4s A Series RR ASeries D 4s ASeries E § A Lombard interest interest 48 87% 80% 93% A series 1st 3%s debentures Louisville refund 79% 1 79% 88% Northern 21 56% 68 % 63% 71 3 63% 63% First & 71% 79% 83% 92% *91% Gas & mtge Elec 3'/as 110 *100 1st Pacific lien 94 . 101 92 3s registered 2047 ; Quar-Feb Refunding & 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 85 104 96% 101% 96 . 99% *103% 104 98% 99 104 84 92 '/a *91% 81 81 93% . 83% 94% 101% *89% 101 % 77% *99% 101% 80% 92% 91 101 % 102 100 } Feb-Aug 103% 90% 94% 93% 97% *96% 98 90 Manati Sugar 4s sinking fund Feb 1 1957—May-Nop Manila RR (Southern Lines) 4s 1959— May-Nov May Dept 3 '/4s Stores f s 2%s debentures debentures McKesson & Robbins 1972 Feb-Aug debs 1973 1980 47% 88% 100% 101% 96% *95 94% 95% 100% 101 *101% 101% Mar-Sept Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—May-Nop mortgaged3/4s 99 47% Jan-July 1978 3%s *48 95% 83% 86% 83% Mead First 101% 95 *93% 94% Feb-Aug 97 % 90 —— 95% — — Michigan Bell Telephone Co— States Northern April-Ocf First 3%s St First A 2%s mortgage 1969 Mining & Mfg Paul Saulte & St Jan-July Mar-Sept Mar-Sept Prior 1967 1967 lien ACum 5s series series 4s lien Pacific AFirst and AGeneral mortgage First mortgage A B Jan 1971—_May First 3s and AFirst and 1962 Jan-July Bell and AFirst and Mohawk & Monongahela Morrel Jan 1967 & Ry 3'/4s & Essex Co. first gtd 4s series 3s B 3s Natl 91 92 First & 95 98% First & 98% 1 __ — - . 85 51% 99 % 84 5 , 93 First & refunding 66 First & 94% First & refunding refunding 51% 87 101 101 97% 13 103% 90 94% 83 96 *94% 95% 89% 89% 2 72% 73% 45 72% 84% 17 102% 117% 97% 64 84% 117% 108% 109% 89% 135 108% 109 96 96 109 109 ' 109 102% 118 103 11 118 84% 188 69% 101% 108% 108% 109 % 28 102% 118% 108% 108% 109 57 102% 118% 83% 84 *64 *__ 65 61% 99 97 99% 99% 1 60% *61% 61% 44 __ __ *101% 101 101% v 101% *88 88% *96% Feb-Aug 1970-June-Dec — 98 69 98% 100 56% 100% 7 63% 102% 99% 82% __ 96 — 102 89% 100% 84% 96% June-Dec June-Dec series B 99% 88 91 96% ref & Pacific 1980—.June-Dec 3%s series R 1982 June-Dec 3s series S 1983 June-Dec 2%s series T 1976 June-Dec mtge 3%s ser U 1985_June-Dec refunding M 2 92 —- 86 Tel & series V *80 87 89 82 88 95 77% 14 72 79% 82% 3 80 83% 75% 100% A; 100 ft *__ & 100 102 99 *97 6% 92 5% 2% 2% 2% 90 2% 93% 93% 5 86% 62% 63% 4 61% 68 103% 103% 5 100% 105 103% 99% 80 86% 62% 25 58% 70 51% 51% 4 497/a 91 92 12 86'A 99% 99% 5 94'A *95 *106% 90% 93 % 81% 98% — 90% 89 10 93% 5 114 98% 107% 88% 90 99% 104% 115 *106% 13 105% 10 105% 105% 105% 38 109 104 108% 97 106% 2 93 102 64 Tel 69% 4 61% 99 99% 17 91% 101 12 97 105% 96 106% 104 103% 104 103% 104% 13 104% 103% 104% 36 *89% 101% 92% 82 94 93 94% 92% 95 102% . *„ 102 *97 II 86% 98 93% 98 1 92% 93% 5 92% 91% 100% 93% 93% 15 100% 100% 32 93 % Mau-Nov *101% 101% 98% 94 102% 102% 97% 101% 102% 97 100% ' — 103% — 98% 20 98'A 987/a 24 97% 96% 97% 79 96% 95 % 96% 39 96 96 *91% 97 95% 96% 94 96% 94 97 94 2 5 11 101'A 101% 1 91% 91% 1 92% 1 106% 107v April-Oct 98 Mar-Sept 100 3%s debentures 1981 98% Mar-Now 3%s debentures 97% 98% 93 95 91 89% 94 103 % 82% 95 101% 98% 95% 104% 107% 92% 87 94 1 99% 94% 101% 3 98% 90 98 % 99% 105% 1955—Jan-July *99 99% ■ 107 98 % 19 106 % 105 100% 106% 107 1964—Jwne-Dec 1st s f gold 4%s 99 88 % 89% *98% 103% :_Mar-Sepf 1984_ 87% 9 100 Mar-Sept 17 98 1978 100% 91 85% 92% — 101% 92 82 % 6 92% *93 92% 101 Airlines— Pennsylvania-Central A3%s convertible inc debs Sept I960—April-Oct 1 92% June-Dec '100% Sand 3%s 1960 & Light. Col— 3s 1975 Glass 5 92% 85 100'A '93 101% Power First mortgage April-Oct 96 96 — __ 12 96 87% 98% Pennsylvania RR— sinking fund 4%s General 4%s series A 1965 Consolidated General 5s General 4%s series mortgage 4%s series E 1984 General mortgage 3'/8s series F 1985- Peoria Light & ref General Coke Co— 3%s ser H 1981 first (Alncome 4s April Marquette Ry 4s external 1990 3%s series D Baltimore 5s 105 109% 72 105% 104% 105% 101% 105% 108 % 108% 109 18 105% 109 % 99% 98% 99% 34 92% 99% Jan-July Jan-July 98% 98% 99% 28 92% 99% 81% 81% 42 74% 82% & mtge Eastern & 15 106% 107% June-Dec series D 1981 General Gas 1067/8 April-Oct 1968 B Feb-Aug June-Dec 1960 series B & Wash 1974 General gold 4%s series C 1977 Philadelphia Electric Co— First & refunding 2%s 1971 46 97 April-Oct 90 89% 90 14 85% April 1980 Mar-Sept RR Co— 53 52 53 12 49 61% 89 98 1960 June-Dec 102 102 *95% 100 108% Feb-Aug Jan-July 100 102% 107 __ 6 102% 102% 99 105 90% 110% 107 Mav-Nov 105% 1986—Feb-Aug 105% 106 Yo *95% *97 97% 97% *84 96% 87 88% 97% & refunding 2%s 1967 May-Nop 97% 97 97% 6 92% 98 First & refunding 2%s 1974 93% 93 93% 48 99 First & 92% 92% 3 99% First refunding 2%s 1981 & refunding 27/8s 1978 .^ 94% 100% First & May-Nop June-Dec Feb-Aug Jan-July 100% 101% B il 105 ;,9i 109% Mr, 100%" 97%; 6 First V 1961— 99% 101 % 95% 95 86% — 100% April-Oct Pennsylvania 88 95 94 1985——June-Dec Pennsylvania 93 85% 21 June-Dec Oil 105% — 1984— Illinois 71% 92 93 1983— debentures 75% 73 68 99% 71% debentures Philadelphia 96% 120% 101 65 101% 101 % 72% debentures 101% 93% 12 95% 106% \ „ 108% 108% 95% 105 106 —— — 61% 94 101% 105 ' --• *__ 115 — __ 3%s Pere 98% 8% 3% 94 62% *80 62% 1986 100% 93% 99 *96 99 5% 1987 93 99% 100 68% 102 ~5% debentures & 89 100 77% debentures Paducah 98% 82% -- 2%s debentures 4s Pacific Western 64% 83% 87 3'/8s 4s 66 1 96 „ ——. 27'8s 96% „ June-Dec "IMar-Sept 82% 96 % _May-Nov 1967 Telephone 3'/8s 1988—Jan-July New Jersey Junction RR gtd first 4s 31. 84% 96% *99% "~ADril-Oet 1974 pace & * 101 3s series L June-Dec June-Dec .June-Dec 1974_ ..June-Dec 1979 June-Dec 1977 June-Dec P 1981 June-Dec refunding 3s series M refunding 3s series N First & refunding 23/4s series First & refunding 27/8s series Q First 1986 Jersey Bell see refunding Peoples debs 2%s debentures footnotes refunding & 92 29 90 % 19741—April-Oct 3s debentures & 102 '/♦ v.. 1976 guaranteed 4'/2s debentures 1982 First 99 • — 89% May-Nov Distillers Products 3'/8s debs Steel Corp 1st 3%s 1982— For refunding 84% 1955—May-Nop 1955„_May-Nop Naugatuck RR first gold 4s 1954 New England Tel & Tel Co— New & & 51% May-Nov —June-Dec 1986 National 3s 56 Co— First 51% __Feb-Aug 1958_ 1970 First 1975 First Chattanooga & St Louis- National Supply Electric & 2%s 99% 17 April-Oct mortgage 3s series B Dairy Products 2%s debentures Gas Electric & 104% 85 —Mar-Sept 1978 National 3%s debentures Gas 96 *96 73 % 1966 debentures N First May-Nov Feb-Aug First mortgage 3s 1979— ....June-Dec First mortgage 27/8s 1980———_____-May-Nov First mortgage 3%s 1982 —_Mar-Sept Oregon-Washington RR 3s series A 1960—April-Oct P First Oklahoma 24 *99% 108% gtd 3'/2s 2000 States Tel & Tel 2%s debentures April-Oct 1975 mortgage 27/8s 1980 mortgage 2%s 90 __ April-Oct 1991 Construction mortgage 5s series A Construction mtge 4%s series B Mountain 57% 82 *83% Mar-Sept 3s 1974 mortgage first Edison First 1 98% 1965_—Feb-Aug Mar-Sept A refunding 5s series F 1977—Mar-Sept refunding 5s series G 1978—May-Nov 5'/2s series A 1949—_May-Nov refund gold 5s H 1980—.April-Oct refunding 5s series I 1981 Feb-Aug (John) Morris Ohio 95% Co— first ^ *86% •95 74 66% •64% 55% — 3 88% 78% 57% — 95 3Vbs A ser Jan-July 1975 Malone *86% 68 June-Dec 1984 debentures 103% 104 Vb 103% Jan-July 1978 SAConvertibie gold AFirst 60% 59% 94% 1977—April-Oct Mar-Sept 2%s 3s 1979— Telephone— mortgage Northwestern 2%s 2%s first mortgage (Wisconsin) 1st 1962 5s RR —__April-Oct Jan-July Feb-Augf _Jwne-Dec 1975 1978 First mortgage 23/4s 1979 First mortgage 3%s 1982 First A refunding 5s series 4s AFirst Nashville 100% RR— 4'/2s series D adjustment ^Missouri 3»/8s 94 Marie- series mortgage 4s inc ser A Jan 1991^—May Kansas & Texas\first 4s 1990—.June-Dec 40-year Prior 60% 72% 69 1 23 — •58 — 3%s series I 1966 3s series J 1970 refunding 3s series K 1971 95% Mar-Sept Jan-July April-Oct General Missouri-Kansas-Texas , 2%s mortgage 4'/2s inc Missouri 8 73 60% •55 1974—Feb-Aug 2%s mortgage First mortgage 3%s 1969 sinking fund debentures Minnesota Minn 98% *97% Central— Refunding & impt 4'/2s series C 1979 Michigan Cons Gas first mtge 3'/2s 1969_ First 76 73 59% Co— Power first (Minnesota! Pacific 3»/es debentures 1988 Michigan 74% 59% o 2%s debentures 1972—_May-Nov & Co. Quar-Feb 99 103 M Macy (R H) 86% Quar-Jan — 1 2047— lien 3s Jan 112% *99% 1979—May-Nop Quar-Jan 1977— registered 4s First mtge 2%s 78 74% Ry— 1997 4s General 109 110 *— Apn7-Oct 1982 67% 145 refunding 76 110 St 1st 62% 242 75% general & ref 5s 1974—Mar-Sept 4%s series A 1974_Mar-Sept Natural Gas debs 4%s 1973 May-Nop & Northern Prior refund Louisville 206 69 75'/* 62% Central General 74 100% 100% 1955—_May-Nov 63% 68'A 75% mortgage 68 3 June-Dec mtge 2%s ser G 2003 April-Oct First & refund mtge 3%s ser H 20Q3—April-Oct Louis Div second gold 3s 1980 Mar-Sept Atl Knox & Cincinnati Div 4s 62% 68% mortgage 61 % 12 71% General Northern April-Oct F 2003 ser A ser 73% __April-Oct 3%s mtge cons 59% RR— mtge N & 80% 75% Mar-Sept 1978„ Nashville & First & 2004—.———..Jan-July AGeneral mortgage 4 %s series A 2019—Jan-July Y Telephone 2%s series D 1982 .Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Ref mtge 3%s series G 1984 Jan-July 1st 102 Gas & first Corp 73% May-Nou- 1976— 92% 100 80% 1952—„_June-Dec mortgage 3%s ser D 1976 (P) Co. 3s debentures 1963— debentures Steam 104 54% 2%s 1977 Jan-July 3%s 1963 Jan-July Y Susquehanna & Western RR— Term 1st mtge 4s 1994 ——Jan-July Y 99% 95 65'A Electric 101% 99% 13 194 58% 63% 5 65 91% Long Island Lighting Co.— 3s Putnam State 93% 91% — 97 96 420 -May 64% May-Nov Lorillard •91% Light first mtge 23/4s 1975—Mar-Sept first consol gtd 4s 1993 April-Oct & Power & Y 96 102% 91% 67% ——June-Dec 102% 93 59% General 78 83 % 92% 92% Niagara Mohawk Power Corp— 83 9 ~2 58% May-Nov 2003 2003 general 4s series 1962 7s 54 86 93 93 67% 2%s 1980— .Jan-July 27/8s 1980— April-Oct General mortgage 3%s 1983 Feb-Aug Norfolk & Western Ry first gold 4s 1996—April-Oct contingent interest 2003 Electric 93 54 to 1974„__Jan-July mtge bds— 2003_ May-Nov contingent interest 2003 May ASeries F 5s contingent interest 2003 May Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 April-Oct Lexington & Eastern Ry first 5s 1965 April-Oct Miami 55 65 85% 4%s Little N 96% Ry— mortgage 5s extended to 1984—_Feb-Aug Lehigh Valley Railway Co i,N Y)— 1st 83 85 Co— 1st Lehigh 78 90 90 N 81% 81% 87% Co— 3%s stamped 5s 79 *83% Valley Harbor Term Lehigh N gold 3%s 1997—June-Dec 1997 mortgage Y NY 1968___.June-Dec A ser South Valley Coal Lehigh 3 V< Navigation & Sinning fund 1st fund 92% 93 59 1992—Mar-Sept 105 100% 4s 1954———— _May-Nov series A 1973——,—1——Jan-July 4%s 96% 103 — 67% mortgage mtge High 94 2022—May t AN Y Ontario & West ref 4s June AGeneral 4s 1955 N RR Terminal— & sink mtge First 1st 100% 3% Low 96% ------- AGeneral mtge conv inc 4%s series A River & Port Chester- 161 1 40 1% Jan. 1 No. Harlem 99% 96 „ Bange Bluet Sold of ACertificates 99% 95 99% *99% 111% 98 , April-Oct 1559 96% 47% 51% 98% *95 103 104% __ *50% 98% 104% 95 __ *105% Mar-Sept 1964 certificates 5s 98 „ *96% 1987.——Jan-July 4%s 1961-.Jan-July ....Jan-July Jan-July .Jan-July 4s 1961 1961 4%s 1st 100% 13 103% 104 103'/2 93 II *90 mortgage Kansas 94% rf" June-Dec, 91 88 __ *93 _ 1980 84 *81% 1990„ ApriZ-Oct 2%s 1976—__Jun-Dec June-Dec Bonds High — series 4%s Friday's *_. —Feb-Aug — D 1956—--————Feb-Aup deposit—----AFirst 5%s series A 1954 Aprzl-Oct ACertificates of deposit—! New York Central RR Co— Consolidated 4s series A 1998 Feb-Aug Refunding & impt 4V2S series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct N Y Central & Hudson River RR— General mortgage 3%s 1997 ——Jan-July 3%s registered 1997— Jan-July Lake Shore collateral gold 3'/2s 1998——Feb-Aug 3%s registered 1998— —-——Feb-Aug Michigan Cent collateral gold 3%s 1998__Feb-Aug 3%s registered 1998—-——-Feb-Aug New York Chicago & St Louis— Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986— April-Oct N Y Connecting RR 2%s series B 1975—_April-Ocf N Y & Harlem gold 3%s 2000_r?^ .___May-Nov Mortgage 4s series A 2043 i —Jan-July Mortgage 4s series B 2043 —Jan-July N Y Lack & West 4s series A 1973———_May-Nov 4 %s series B 1973— May-Nov N Y New Haven & Hartford RR— First & refunding mtge 4s ser A 2007—Jan-July AFirst or *102% Jan-July May-Nop ' '. J Jamestown of ACertificates 79 62 102% 102% 1956 deposit C series 5s Mar-Sept April-Oct Certificates AFirst Week'i Bang* Bid & Asked •94 Ry— AFirst A 4 Light 3s 1974 1983-— Terminal 3%s 1977 Orleans Texas & Mexico 5s series B 1954_— of deposit jNew Bale Price Low Great Nor 5s A Orleans New 101 102% 1972__May-Nov 1st 5s B Co— series A 109% 97% __ 74 75 91 91 96% 103% 104 Jersey Orleans Last Period & Power New New Co— Power mortgage 1st 4 Line Pipe debentures Interstate High Corp— 1977 Rys Central America Interstate Jan-July 1956Chemical Minerals & conv ——..Jan-July Low Interest Exchange New York Stock No. 109% 110 1952___April-Oct July A 1956 B Jan. 1 90 *100% Jan-July 1952— A Sold •90 104 .Mar-Sept 1st Bange Sinew High 90 Jan-July 1970 series A 4s Bonds BONDS 91 5,, 80 80 1st & refunding ref mtge 3%s 37/8s 1982 1983 95% June-Dec May-Nov 95% *93 101 —— 101% 6 106% 106% 2 a I 87 95% 87% 94% 90 97 96 104% 103% 107 Number 5279 Volume 178 The Commercial and Financial Chronicle ... (2223) ' 31 NEW YORK BOND RECORD RANGE Week's Friday BONDS New York Stock Interest Last Period Sale Price Exchange Friday's or 1st sink fund 4s 1937 jACertincates ol deb conv 25 2%s 1964—._Feb-Aug debentures Consolidated guaranteed 4s Consolidated guaranteed 4s G ser 1957 I ser .May-Hoy Pittsburgh Cine Chicago & St Louis debentures Pittsburgh Pittsburgh Plate 108'A 108% 108% debs First mortgage 4%s Berles 85'/a. 103 Va 103 *— 96 95% 96 9 96% 96 101% 1 95% 100 12 95 % April-Oct 1960 101% 97% ApriZ-Oct 97% 98% 98 '/2 31 99 general 4%s series D _Feb-Aug '105% 106 .June-Dec 1977 Potomac Elec Power 1st mtge 3'As First mortgage 3s 1983 1977 First mortgage 27/as 1984 Providence Terminal 4s 1956 Public Service Electric & Gas Co— 3s debentures 1963 - II *93 Tol & RR of New Ohio -s— *99% debentures 97% 99 % 100% 15 96 98% Oil 3%s 101 % — 127% " *93% 101% 101% 1980 Jan-July 97 *96 Biscuit Co Car 4'As of debentures debs f s 3%s United 96% 1st mtge Corp 2%s 1970— & coll trust 3%s & Reynolds Tobacco (R J) series 3s D J995„May-Nov 1973 Gas & Electric Corp— General mortgage 4%s series D General mortgage 3'As series J 1977 co o April-Ocf CO 0" *98% Rochester 103% 1st mtge & coll — 1969 86% series A 1971 3'/2s 2%s debentures debentures gold Bt *72 73 79 79 99 % 99 99% 34 91 4s *95 Paul Scioto Scott Union certificates V & Depot New 87 85% 87 40 81 2022 1989 Paper 3s Beaboard Air 3 '/sS England May 1972 Pictures RR 1971 B 105 RR 103% 103'/a 4s 102 debentures f debs and 2%s debentures 2%s debentures 1983 Southern Natural 4'/2s conv First 4'/2s Gold 4%s Gold 112 Wabash First 118% Walworth 125 Warren ~1 99% 93% II *99'A 93%, 97 . 101'A 95% Ry and 2'As 'series G 1961 consol gold 5s 1994 first general series 4s A 1956 New Orleans & Joint, 3'/8s 91% 474 96'/2 98'A 107% 95 '/a 98 85% 56 91% 1st 92% 90 98 1st ASpokane 16 97 % 91% 91% 5 82% 90% 5s 68% 80'/a 87 99% O CD 71'/a 93% Standard Oil Co 4%s series RR Union 5s debs 1985 debs gold Co 4'/2s 102 101 »A 7 105 102 Ve 99 20 87% 87% 93% 83% 94 — 100% 4%s debentures 2%s 104'A 104'A 104'/a 63 97% 105% Wilson 103% 103'A 103'/a 72 95 103% Winston-Salem S 96% — — 85 85 80 *93% 13 85 *79 95'A — — 98 78 & Co first 80 107'/a 92 95% 122'A 122% 34 113 122% Wisconsin 49 101% 103% 106 122% 106'A 14 106 109 First mortgage Wisconsin Public 107 107'/8 14 107 A 110% Certificates Aprjl-Ocf 91 91% *98 99'A 93% *68'/a 70% 66 83 20 9 66% 81'/a 127 101% 114% 88% 103'/2 103 57 53'/a 56'A *53% 88% 17 15 99'/a 90 88% 103 % 88% 104% 95 95 97% 101 % *98 101 102% 105% 104% 104% 59 Ve 10 61% 29 59% 59% 41 58'A 67 101% 101% 61% 5 99% 104 61'A 59 '104% 104% — 68% *93% 92 — — 106% 102'A 97 Jan-July 102% 102 96% 104 92 99 88% 2 97 97 100% 19 *93% __ 96% Mar-Sept 94% 100% 97 10 94% 101% 94% 95'A 61 91% 104% 100'/8 100'/a 1 97% 101% 102'/a 102% *102% Jan-July __ „ 76% 77% 76% 77% 43 2%s Service 1976 88% 88% 1 77% 63 ' deposit— Power 81 % 80% 63 63 8 76% May-Nov 1936 73% 74 77% Jan-July 2%s 1979 101% 97 Jan-July May-No® April-Oct 1958 94% 2 97 97 Mar-Sepl 1967 1960 4s 95 June-Deo 84 91 93 101 Mar-Sept ; 3'As 1.971 *97% 100 Jan-July Y Yonkers Electric Deferred a April first of Electric 66% Mar-Sepl mortgage 3s 110% 100 *107 '/a 110 1980 A Certificates of deposit SASuperior & Duluth 1st 4s 102'A 102% Jan-July Jan-July Apri'Z-Oct 97 Corp— 1971 B 85'/a 86 66 % Jan-Julj ^Wisconsin Central Ry— § AFirst general 4s 1949 85% 74 ' 1981 mortgage 3'As series D debentures 1965 3%s *96'A A 1969 Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3'As series C 1970 103% 88 Ve 75 2 Co— series A debentures 76'A 2 105% 106% Jan-July Jan-July Jan-July April-Ocl May-No® 1976 B 1 77'A 94'A 106 May-Noo 2361 ser 79 77% 92% 79 92'/2 Light & Power 2%s Included 93% not 102% the included § 73 in delivery sale not year's range, in the year's n 1976_Jan-July included In the year's range, d Ex-interest, e Odd-lot sale not Under-the-rule sale not Included in the year's range. I Cash sale i range, y Ex-coupon. Negotiability impaired by maturity. ( t Companies 1967 (Indiana) 101% *95% Mar-Sept Westingliouse Electric Inc— June-Dec 90% April-Ocf 1027/a 91% 38 102% 102% 225 90% 88% 101'A 97 reported as being in bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. * Friday's bid and asked prices; no sales being transacted during current week. 112V4 — 3'/8s convertible debentures 104 »A 9 4'/a Co— Telegraph 98% 2013 94% 96 May-Nov 1960 62 ~ guaranteed mtge 3%s ser A 104% 104% May-Nov first Products subord conv 23As 99 100'A 101 1976—May-Nov 2361 Pacific ref 30-year 94% 2 98% 71% 108% 109 Jan-July 1983 Interna 1.1 Coil & 4s Maryland Ry 1st 4s mtge Western 111 first registered Western May-Noo Tel Bell debentures Standard Shore Northeastern RR— 1977 3%s Southwestern 94 Ve 99 — *102% 105 _L April April 1991 West Penn Power 3'/2s series I 1966 West 104% Devel and general 6s series A 1956-—; April-Oct Devel and general 6'/2s series A 1956—April-Oci Memphis Div first gold 5s 1996_. 101'/a 86% 2 96' 100'A 101% ApriZ-Oct 97 May-Nov 1996 101 94 *„ __ Feb-Nov 3'As 39% *._ 109 1981 1966 87 91 91% Jan-July F debentures conv 27 97 Jan-July series 99% 2 92% Jan-July ApriZ-Oct 1971 2 110 A '75—June-Dec ser ser 89 *96% 71% First mortgage 2%s series E 1986 First mortgage Co Petroleum Corp— debs (subord) conv -Mar-Sept — 3%s 3'As 3'As series B mortgage Western First Devcl 97 — May-Nov C 1973—April-Ocl mtge income 4'As series B Jan May-Nov 1st mtge 5s 2003 92% 95 % 91 Ve June-Dec 1981 gtd 1995 39'/2 Southern Pacific RR Co— Southern 92'/a 93 95 — Mar-Sepl 1958 5s mtge 4s income series A Jan First 2:,As 98% >94 April-Ocf 91% 96'/a Jan-July 1969 mortgage 106% 81'A 92 85 I 1981—June-Dec ser General mortgage 3s guaranteed 1979 West Penn Electric 3'/2s 1974 Co— 1977 1980 39 V2 92% Jan-July 1973 100 Warren RR first ref gtd gold 3'/2s 2000 Feb-Aup Washington Terminal 2%s series A 1970—Feb-Aug Westchester Lighting gen mtge 3'/2s 1967—Jan-July ioi y« 99 92% 94 _—Feb-Aup Jan-July (Oregon Lines) A 4'As 102 100% 94 *95% 1955.,_Feb-Aug Gen Co— San Fran Term 102 ■ RR Co— 100'/• 92% June-Deo 1994 A 1957 H ser refund 3%s First lien and ref mtge Gas Co— debs f s Pacific 2%s Ry 3s series B 102% 129 April-Ocl - series mtge 3'As ser J 1982 consolidated Virginian 95% 86'/a 99% Jan-July 1985 23As ref 101% *92 '/h *87'/2 Jan-July Ry 104% 2 . mtge 2%s ser G 1979—June-Deo mtge mortgage & 3'/2s Apn'Z-Oct 1987 Indiana ref & 92 — 121% 124'/2 ApriZ-Oct 1979 Southern Southern 123 '/2 1941—Feb-Aup South & North Ala RR gtd 5s 1963 Southern Bell Telephone & Telegraph debentures 98% 10 *92 % refund and 93 1 June-Dec 1982 4s Gen *94'/8 lune-Dec Skelly Oil 2'As debentures 1965 Socony-Vacuum Oil 2'/2s 1976 3s 102 94 4s debs gtd Virginia & Southwest first 100 Corp— conv 95 104% 15 *82% __ 102% 90% 100% 103'A 1st 86 100 j 97 Mar-Sept Union Oil 2J/2s debentures 1971 tSASilesian-Amer CorD coll trust 7s 3'As subord May-Nov ApriZ-Oct 1959—Mar-Sept 97 12 103 *_. 77% 78'/a 1 „ 97 May-Nov . Shell Sinclair Oil 70 v2 *95 Mar-Sept (Jos E) & Sons 2%s 1966 3s debentures J974 s 1976 „ - 105% 105% __ „ 3%s consol 1st 97% 94% 1989—May-No® 1977 mtge 3s series B 1980 37/es s f debentures 1977 3.20s 103 101 • 95% May-Nov N 106 97 April-Oct Seagram Line 2 94'A Co— 1st Service Pipe 102% *92 /. 88% 105% 92% 97 *— Feb-Aug 103 w May-No® 1st gtd debs conv Line j 96% 79'/a 2 Jan-July 1971 1967 . Second 4s inc bond certificates Nov 1969-Jan-July St Paul & Duluth first cons gold 4s 1968—June-Dec St 109% 89% 10 100 First mtge inc 4%s series A Jan bond 94% Jan-July Louis-Southwestern Ry— First 22 85% mtge 2%s ser E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept 100% 06 Mar-Sept 1996.Jan-July 5s Ry Co— mortgage 4s series A 1997 ASecond 93% 85% 100 First — Mar-Sept gold 6s 1996 Louis-San Francisco 1st 93% 96% 95 200 Jan-July Consol sinking fund series B Virginia Electric & Power Co— ' April-Ocf 1st Second Bt 105% 105 104 % 104'/2 85'/a _Apr-Ocf First Adirond'k 102% 90 99% *95% April-Ocf Vandalla 100% 95% ■ / Mar-Sepf 78% 23 03" S Lawrence & 95% 100'A 100'A Mar-Sept Irust First and refund Baguenay Power 3s 100 V rel 3%s debs Bt 94'A 95% April-Oct 1966 1977 R Reading Co first 108 86 99'A ApriZ-Oct 1973 America 2%s 99% Universal 97 103% 103 *93 93% 2%s 97 RR— United 96 98 95 *98'A 1970—June-Deo 1972 201% 93% — 93 *95 May-Nov 2%s debs (subord) 4%s s f debs 1972 1964 20'A June-Deo 3%s sinking fu'nd debentures 1973 Quaker Oats 2%s debentures 99'/a 57 13 *93% Mar-Sepl 1982 Tank U S Rubber 103% 48% 93 109 97 30 96% 126 947/a 17'A 105% Gas 31 55% debs 1961 97 % 96% 87% 114 1 16% 55 Jan-July 96% 102% 91 — 97% 120 *95 May-No? tr 2%s 3'As Pacific 97% 55 84 94% 115% 89% April-Oct 96 % ~3 98'A 102 4 5 34 94 impt 3%s 1960__June-Dec and of California Union 132% 190 — ' —— 87% 101% 103 102 debentures 1676 Feb-Aug Refunding mortgage 2'/2s series C 1991—Mar-Sept 102% 98% 96 81 101% 101 120 June-Dee 1974 2%s May-No® First and reiunding mortgage 3'As 1968."-Jan-July First and refunding mortgage 5s 2037— _Jan-July First and reiunding mortgage 8s 2037-. June-Dec First and refunding mortgage 3s 1972- .May-Nov First and refunding mortgage 2%s 1979. June-Dec 3 J/es debentures 1972 June-Dec 95 Va 90 — *91 % May-No? Union 101 % 1 Orleans 1968- 3%s conv debs 100 % 101% 101 % mtge Union 94 — __ 91% 96% 104'/2 .;.I;U 1st mtge & coll 98 94 — — 104% 96 *94'A 120 , Union Electric Co of Missouri 3%s 1971 May-No? First mortgage and coll trust 2%s 1975—April-Oct 96% 98 21 98 • 3%s series C gold ref Cent • 1st *— M first Tri-Continental Corp 27/as -- 90 — 105'A 94 101% 1990_ApriI-Oct 3s Mar-Sepl -Feb-Aup -Jan-July -May-Nov Mar-Sept 89 106% 106% Jan-July May-Hoy tAThird Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 106 — — High 85 11 90 1970—ApriZ-Oct refund Pacific & Term 98% 104 '105 21 96% 96 v June-Dec Plantation Pipe Line 2%s 1970 Low 90% *95% 5s 2000 June-Dec General and refund M 3%s ser E 1985_>Jan-JuIp Texas Pacific-Missouri Pacific— 102 100 Kange Sine* Jan. 1 No. 96 % *104 __ April-Ocl - First and refund M 3'As series B 101 100% 100% 2019 and impt 2%s series D 1985 First and Texas 101% 1 — Sold „ Refund - 86 98% 98% ' Jan-July Jan-July _May-Nos 1960 Bonds High 90'% 96% -—Mar-Sept 1973 Texas Corp 3s debentures 1965 Texas & New Orleans RR— 108 82 debs Terminal RR Assn of St Louis— Refund and impt M 4s series C 108% 6 3%s & Ashtabula Ry— First general 5s series B 1962 First general 5s series C 1974 First 8 85'/a .June-Deo 1967 C 109 V« -Jan-July April-Oct & West Virginia Ry— First mortgage 4'/2s series A 1958 First mortgage 4%s series B 1959 Pittsburgh Youngstown 109% 3 107'A 107% Bang* Friday's or Bid & Asked T 106 108 — Chemical Oil Corp 2%s debentures Co/25/as debentures 1972 debentures 1973 27/8s 104 102% Coal— 3s Bunray Swift & 96'/a 108 '108 Stauffer 108% 101% ■ Oil (N J) debentures 2%s 1971—May-NoT debentures 1974 Jan-July 2%s 100'% 90'A — — Sale Price Standard 100'A 95 __ Last Period Low RR— 1965 Glass 25% 102 % — '108 .May-No® 3%s 201 100% '102% General mortgage 5s series A 1970 June-Deo General mortgage 5s series B 1975 ■April-Oct General mortgage 3%s series E 1975, .April-Ocf Plttsb Coke & Chem 1st mtge 3%s 1964—. Pittsburgh Consolidation 25% 94 '102% 103 1963- -Feb-Aup J 1964.-May-Hoy ser 17% 13 *91 I960— -Feb-Aug H ser Consolidated guaranteed 4%s Consolidated guaranteed 4%s *— Week's Interest BONDS High 16% 25% 98% 107% 108% 108'A Plllsbury Mills, Inc 3%s I f debs 1972 !.June-Dec Plttsbgh Bessemer & Lake Erie 27/es 1996—.June-Dec Pittsburgh Cincinnati Chic & St. Louis Ry- 4 New York Stock Exchange Low 30 98 .June-Dec DECEMBER Jan. 1 No. 25 *24% 1983 ENDED Range Sine* Sold High 25 deposit Phillips Petroleum 3.70s .Jan-July WEEK Friday Bends Bid & Asked Low lAPhllippine Ry FOR Rang* 1982-. A Bonds selling flat. AMERICAN STOCK EXCHANGE WEEKLY In the following extensive Nov. 1953 and 30, list furnish we a AND YEARLY complete report of the transactions It is compiled from a report of the on RECORD American the ending Friday, Dec. 4, 1953. American or bond in which any dealings have occurred during the current year. Stock Stock Exchange Exchange itself for and the is week beginning Monday, to include every intended security whether stock RANGE Week's Last Range of Prices Shares Friday Par ACF-Brlll Motors Acme Aluminum Supply 35a 3% 500 26% 26% 100 1 Manufacturing 2% 2% 100 2% 2'A 2% 2,400 Agnew Surpass Shoe Store* • Ainsworth 5 8% 85a ^9% 1.500 l 8 Air 1 Associates Inc (N J) High Jan Alabama 3 Sep 6% Jan Alabama Great Southern 25 Jun 29 Feb Alabama Power 4.20% Oct 4 Mar 2% 1% Sep 8% May 7% Oct 7% 8% 1.100 6'A Jan 3 9% 10% 1,000 x9% Oct 1 11 % 12 200 11% Nov BOc 11 1 5,200 3% Feb 9'A Aug 13% Mar ^ 8% Oct 10■ :,lT 14 % Jan ' For footnotes Ltd see oaee 35. Sales Range i* Oct 15% Feb 1% May Sale Price j tor Week Shares Low Par 1 % Air-Way Electric Applianc* Petroleums Week'* of Prices Last American Stock Exchange Oct A Alrfleeti Inc AJax 4 Friday 700 10 Manufacturing common DECEMBER STOCKS Low i'. 1 Adams Hat Stores Inc ENDED Range Since Jan. 1 High 3'. Acme Wire Co common Aero Low warrant*. Alloy*_ WEEK for Week Sale Price STOCKS American Stock Exchange FOR Sales Alaska All Gas 2 Corp Airlines preferred Allegheny Engineering Co Corp warrant* Airlines Inc Alles & Fisher common 17% Low 4,700 Altes Products Brewing (Mich) 95 96 96 150 89Va Jun 2,400 2% Sep 4 4'A f 1% 10* 1% 112 112 2% 2% 1 Co common B 1 Jun 200 4% 103 Jan High 17% 112 99'A Nov Aug Jan 6'A Mar 1% 300 2,V 11,300 ir« Sep 3% Mar O.i. 700 2'/a Jun 3% 6% Jan TT, V —— l'A Aug 25/a Jan Jan 7% Mar 3% 2% Oct 31 % 200 25'A Jan 32% May 2% 500 2 Va Jan 3% Mar Allied lnternat'1 Investing cap *tock—1 Allied 13% 108 1 American Alleghany 100 Range Since Jan. 1 Hiah 108 80 1 Inc 16% 17% 31 „ 31 2% Apr and Financial Chronicle The Commercial 32 Monday, December 7, 1953 ... (2224) AMERICAN STOCK RANGE WEEK FOR ENDED EXCHANGE DECEMBER 4 Range for Week of Prices Shares East STOCKS Sale Price Exchange American Stuck Range Since — 92 92% 100 82% Jun 22 preferred———100 • Industries common * Industries Inc_ —-—25c cumulative $3.75 Manufacturing Goods Aluminum Aluminum Ambrook 22 22 100 21% Oct 24% Feb Nov 16% Nov Co common Products common—-—■ Castle (A M) & Co Catalin Corp oi America Filter 5% Air Aug Cenco Beverage American American American American American American American 1 % Jan 1% May Conv 48 350 43% Oct 900 7% Oct 12% Jan Jan Dec 400 21 Nov 25% Mar Central 4% 8.400 4 Sep 6% Mar Central 22% 1,800 33% 33% 33% 35 13% 11% 4% %> Aro Corp Equipment Associated Class Tel & (ex A Atlantic $43 Corp Plywood Non-voting Apr 5% July 8% 600 8 % Nov 10% Mar 21% 200 11% 9% 105% 103 5 15% 16% Collieries 8,900 4% Apr 22% Mar Jan 109 13 Nov 8% 18% 12% 117% Feb 19'A July 24% Jan Feb 45% 200 5% 5% 1 1 X123 125 % v Jan 22% Mar 5% 500 Nov A Jan Jun 104 5.400 Nov 1% July 2,600 1% Nov 650 80% Sep 116% 16,300 1% 6 5% 6 9 9% 7,500 l'/a 1% 1% 300 5% Sep 9 Nov xl% Jun ' 2% Nov 2% 300 10 10% 1,100 9 Mar 15% 15% 400 15 Oct 2% 1 __ Sep 126 2% .9 Cherry-Burrell common Chesebrough Manufacturing Chicago Rivet & Machine Wire & Clark (The) Baldwin Rubber Baldwin los Jan Jan Jan 7% Mar 15 5% May Jun 4 11% Nov 21 Jan Basic 1 Controller 400 3% 6,300 10% Ties Shoe Telephone Benrus Watch Benson & Co Inc (S) Bohack C) Co Traction Corp Light Gas 40 % 40% 2,700 44 11 11 " — 1,400 100 3% j "8% 8% • 24% X24% 40% Oct 13 Mar 36% Jan 51 Oct Jan 12% Feb 8% Sep 16 10% 400 4% 200 8% 600 Brown Company $5 $3 2nd Rubber Mills Buckeye L) Co Co Pipe class 60c convertible Hill Mines Nov 4% Jan Nov 4% 3% 8% 27,800 600 20% 3,100 5% 700 3% 500 18% 1,000 8% 6,500 90 18 2 Jan 8% Dec 4% Sep 7% Mar 25 % Mar ■fa 18% 4,200 6% 700 6% 10 50 Dec Jan 24 17 Sep 22% July 4% July 5% 5% 7% Bread Cement 6 %% Co Southern Dec Day Dayton Co Jan Aug 8r'o Nov Detroit 1 Ltd 2 common Dredge & Dock Co Ltd 7% Co Ltd Industries Capital Gray Co Baxter & Carman & Oct 12% Mar 100 Apr 12 Jan 5% Jan Carnation Carolina Kennedy Inc Co & Carreras American pnr Light $5 Biscuit pfd Co Nov Distillers 19 Nov 6% Aug 17 Jan rets footnotes A common. see Daae 35. 78,200 1% 5,000 10% Jun 14% 18% 2,900 16% Sep 21% Jan 4% 2,000 3% Aug 4% Jan 12% 12% 300 11% Sep 1 % July 1% 9,100 9% 4,900 8% Sep 18% 1% 300 16% Sep Diversey dep (The) Dobeckmun Dome rets ord Co 8% 8% 8% Sep 11 11% 12% 4,200 10% Oct 15% Jan 13% 3,500 11% Jun 14% Feb 400 Steel & Coal Tar 100 8% Aug 10% Mar Dominion Textile 2,400 11% Oct 19% 1»6 to vO 08" % Jan Nov Sep 3% Jan 5 Jan Jan 7 4% Mar Jun 5% Jan fa Sep 15% Jan 8% Jun 10% Jan 23,600 3% Sep 6% Jan 325 20% Jun 25% Feb 9% 7,100 4% 23% 2,500 22% Sep 35% 11% 9% 4.100 9% Dec 14% Mai- Sep 8% Ma 7% 700 6% 2,200 4% July % 100 Mar 6% n ord & Chemical Ltd Co stock * 9% 9% 3% 4 10 4% 66,500 10,700 Jun 85% Jan common 800 5 Sep 1,700 20 Sep 31% Mar 32 100 26 Sep 40 11 300 5% Sep 23% 100 12% xl2% 2% Sep Aug Aug 3% 23 Jun Sep 1,800 12% Nov 5% 26% 15% Jan Mar Feb 7% 400 5% Sep 8% Feb 2% 600 2% Dec 4)4 Jan 81% 81% 1 1% i'« 18 7 Jan 9% Feb Jun 18% Nov 6 4% Jan 6% Nov 2,200 67% Jun 76 % Jan Jan 10% 200 9 Sep 15% % 1% '21% 200 1% 1 21 600 250 6 % 6% 12,000 13% 6% 13% July 1% 920 153 147 Jan Sep 7% 147 Jan 16% 300 Sep 13% 100 Sep 11% Jan Feb Nov 15% 2% Jan 6 % Jun 27 Jan Dec 19% 147 14% 180 Feb Nov Feb Nov 5 6 16 6% 1% 16 12% Nov 12% Feb Oct 25 6 % Jan 16% Mar I 1 5% Cement Draper Corp Feb 1,100 lfa Nov 2% % 29 Feb 27% Oct 5% 500 5% 14% Jun 20 135% Dec Nov "l% 1.200 1% Sep 2% 22% xll% 16 2 % 200 1,500 23 11% 600 Apr 13% May 2% 10% July 2 2 h 31,000 12% Jan Jan 1 Sep 3 2% 2 12 11% 900 12 Jan 2 V* 9% Jan Dec 25% Jan 20:% 22 1,500 15% 4% 4 fa 9,500 4% Nov 5% 5% 5 % 200 5% Aug 71% Sep 82 600 10% Sep 16 3 4 1,700 t7% Sep 9% Hosiery class B common 11% 8% • 8% 8% Ii 8% 6 1 s 7% Nov 10% Jan Feb Jan Apr Jan % 700 6% 6% 900 4% Jun 18% 18% 150 15% Jan 18% 45 45% 200 29% Jan 47 Sep 15 Nov 20 Mar 7 % 8 15% 9 15% xl6 9 9% 2.100 7% Mar 4,200 7% July 10% Nov Oct Jan 32 37 200 Aug 40% 32% Apr 37% Nov 8% Nov 17% Jan 5% May 37 10% 9% 10% 3% 7% 19,800 * Oct 3% "3% 200 2% Sep 4% Jan 8% 8% 25 8 % Nov 14% Feb 1 Corp common 3 % Mar — • _£1 1 Sep Feb 12 4 fa * Jan 3*4 May 29% Mar 20% 10c common (The) Co Test 7% Mai17% Ma 1 145 Oct Laboratories— Rubber Co Ltd— American dep rets ord reg Durham Feb 33 Sep 2% 20 Dunlop Duraloy Dec 500 22% Feb 6% 135 % 135% 15% 7% Mar 27% Jan 2,300 11% 16 135% • Co (Allen B) A Inc Co Power Class Co common Harris DuMont Sep Nov x5% 100 6% fa 5% 16 100 6% 29 5% 600 6 16 1 % Duval Sulphur & 30% 4% 1 00 O O 30% 29% common—_10 9% x9% 100 64% 63% 66 25 Potash 24% 24% 24% 1 * • 8% 7% 8% 1,000 • Co 4Vi'fo Gas & Fuel prior Malleable States $7 $6 Assn preferred Iron Corp preferred series A preferred series B Eastern Sugar Common shares beneficial of Sep 6% Mar .00 Sep 33% Mar CM J«n 114% Jan 1 K'Sep 2% Jan Electrographic 73% Oct 83 Apr Apr preferred 1 Mar Emsco 9 % Oct 13% Jan 750 63% Dec 74 Feb 20 24% Dec 30% Mar Corp 1 common Manufacturing pfd Co—— 100 1 —5 10% Mar 165 Mar 116 Jan 150 Mar Sep 32 Feb 24% 132 Sep Jan 24 131 5% 128% 50 Oct 30% Mar 12 % Sep 16% July : Empire District Electric 5% Empire Millwork Corp ynj 16,400 int—1 106 $2 9%' Associates— 10 % - 10% Apr 6,600 y - Jan 2,400 50? 73% 72 % 100 7% 7% 10 Oct 8% % 11 Jan % 30 Easy Washing Machine class B * Electric Bond & Share common——5 250 Nov Jun 6% 6% Mar 50 2% 111% 111% i>/8 Jan 12% Mar 7 2% • 1 48,500 23% 123/8 5% 7 8% 10 Ltd Brewery Dragon Eastern 4% Feb % 6 400 1 * 10 • 1 Eastern 5 Feb 29% Mar 50 — r Oct 4 1% 2,700 • Co Ltd. Douglas Oil Company Duro Dec 73% 27% 300 __ 71 23% 1 85% Jan 26 24% 1 * Corp common Bridge Co Ltd Dominion 12,300 1% Mar % ;__1 Ltd Finance Dominion 10% Aug May 2.50 common Exploration Jan 11% Nov 6% 4s 1 reg Corp Jan 1,200 2% Mar 9% 21)2 Mar Ltd— Co American 8% 56,800 15% May ii 25c .- 10% fa Feb 5% 6% 1 Ltd Dec 3% Sep ! «V 10 Products Oils July — 4 £1 2s 6d A 3 2% 6% _1 1 1 Co Mfg 8% < ord dep rets B ord_ dep Jan 1% 10c 35 —50c 5 A Raynolds class B 51 oJ Ltd— American Steel & Dominion 22% * common. Power 5% 6 1 Foundry Iron Devon-Leduc Dec 10% 1 2.50 Carr-Consolidated Devoe Jan 22 — 11 5 19.50 Co Nov 72% 2.50 Manufacturing Hardware Eastern common— 4% 18 100 Detroit 3% • 1 Products Transit % 1 Inc class & Detroit 100 Marconi City Gasket Aug Ltd— preferred Capital Carey Oil 400 * Mills class Oct * Canners Jan 5 fa 2.50 5 debenture Domestic 85% vtc Atlantic 35% 8% common——5 common 3% • Canadian 10% Mar Sep 10% 25c :* 10 common Dairies Mfg Feb 20 Oils Ltd Sep 10% common Hosiery Stores Apr 50c common Canadian Canadian Dejay 8 fa 5 Ltd 7% 24% partic——• "A" Sugar Inc Rubber Co 19% 3 1 Gas 300 1,100 15% Mines 14% May 3 Jan Apr 9 10% Brothers Inc Davidson Sep % 3s 6d 5% 30 15% common Crystal Davenport Duke Canadian Canadian Daitch Nov 200 Oct 7 15 8% 5 (Md) Inc common Curtis Manufacturing Co (Mo). 10% 8% Jun 32 Driver preference Canada Co Atlantic 11% 1,000 17% May 28% 5% Drilling & Exploration Co Ltd Co & Co Internat'l Drug 900 8% 9% Canada Cork Crown 1,400 22 Jan Sep Jun 1 _1 Petroleum Cent Crown 18% Jun 87 6 4 Canada Crowley Milner 12% 21 1 & A Company Jan 5% Aug 21 Sep 4% 3 Apr Jan 9% 5 Nov 2% 18 ■ Oil (The) Croft class Petroleum 12% 12% Insurance 13,800 May 8% 42 22% 23 dep receipts (ord reg)—£1 American 12 * Fire 400 4% Ltd— Courtaulds Creole 11% 12 • Consol preferred $1 Mar i3# 47 California Camden 11% 6% 4% 23% May 24 Jan 11% 3% 8% Power 1,000 12% 6 % Nov ■ Jan July 2% 100 12% Estate 8% 7 % 6 1 • common Cuban 100 8% Calgary & Edmonton Corp Ltd Calvan Reynolds & Corroon 10% Mar 1,400 12% common-. 100 9 * Aug • Electric Mines 8% c Sugar Gold Inc Coro Tobacco 4% Sep 5% — * ._* —————5c voting Cornucopia Dow Products Nov % • • Co Lighting 90 xl8 % 12 Vac • Calamba 25% 11% Ltd—* 10 non-voting Curtis 8% shares Nov 21 1 Machine Co—1 & Crystal Oil Refining $6 preferred Ltd— Electric A B Cuban —-2.50 American dep rets ord 19 % 1,100 xl3 13 Distillery Ltd— (H) Aug 8% Burry Biscuit Corp Cable Corby Dec 50c preferred 2,600 9 Inc Varnish 25% 10 9 Sullivan & 19% 22 18% & Crown 2% 8% 90 * preferred Bunker 4 & Paint 92 * Budget Finance Plan common 7,000 19% "% 11% Mar 3% 12% 1% Cook Feb 3% 2.50 B Line 7% 9 29% Foundry Continental Jan 18% 18% 1 common common.: Feb 12% Continental Lines Aviation Feb 5 1 preferred 1% % 11% 6% 4% 1.25 Engineering—1 Car-Na Var Corp 1 Commercial Corp 1 Air Continental Continental 19% • junior Ltd „_ Oil Jan 3% 5% 5% 1 • Distillers cumulative (E Royalty Detroit preference Forman Nov Nov "% * Liquidating Mining & Smelt'g Jan 2% 20% 20% _• preference Jan 26% 8% 12 84% 8% 10s__ common convertible 74 Feb 9 — 1 Utilities 5% Ltd— reg Sep 7% May 9 Corp.—50c Engineering Gas Dennison common Oct 65% 40 50 * 1956 to ext 70 • 10s ord 7% 275 1 Vtc 10% 20% • Power 1,900 8 68% 21% % 19% 22 Co__ Consolidated 1,100 10s rets 8% 70% 22% . Aug Oct 22% July bearer dep 8% 68% 12% 25 4% 8% • • • reg Columbia Jan 1U July 18 Dec 2% -- ord Bruck Dec Tobacco— Celanese 7% Sep 12 3% 2% — . ord Burma Sep x36 3% — ' rets British Oct 1 18% 92 90 92 20o Co 4% 6,800 12% _ Fund 9% 10% XlO xlO • Co common 6% Mar 9% rets Bruce Feb 40% dep Brown 6% Apr dep 4% 2% Mar Jun Jan Amer Brown Nov 17 Amer American 11% Mar 31 5% 300 American British Sep 16% Rights Brillo Manufacturing British American Oil British 9 Sep Co 450 Ifa —1 —10 Colonial Sand & Stone Co——. 1 Colts Manufacturing Co— 10 Columbia Machinery & Eng Corp—10c Commodore Hotel Inc 1 Community Public Service— 10 Compo Shoe Machinery— Class Jan Light & Pwr ord Jan 4% 1% Inc. (The) Class Oct common % Mar 7% ———— Airlines Colonial Jan 2% Inc 9 Sep Dec Oct 14% ' Works Sep 5% 14% May At July 11% preferred_100 9 1 Co Gear 6% 600 27% 8% 100 common Feb 3,900 5% Oct 2% 5,600 common 37 _7% 5% x7 Oct 3 4,000 43 Jan Mar 10 Sep 4% - 9 17 Oct 15 — Jan 1.800 Nov 15 4 Jan 10 27% 4% 200 Oct 90 % Nov 26 1% 4% 1 Inc Bridgeport Mar 4 14% 3 & ~5% 10% Mar Sep May 27% 15,400 1 cumulative Serymser Foote Brazilian 13% Mar 15 Inc Co prior Breeze Sep 4% common Blumenthal Brad July 2% 14% common Bourjois 11 Jan 1 common— 7% 7% 100 ' Birdsboro Steel Fdry & Mach Co com.* Starr & Gorham class A • Borne Jan 6 18% common—25 Canada Hedges (H Sep 1 % Mar "5% Black 5%% Oct 3 1 Inc 600 Feb Jan 4% ordinary—— Development Colon Jan 500 8 "?% 24% 79 Jun 67 5 8 — .1 Corp common— of ~6 40 Jan 6% 5 2% 9,700 "112 10% 10 1 common Instruments Aircraft Blauner's A 10% 21% May 50c Beau-Brummell Bickford's 5% 74 1% Products Aluminum Oct 1 & Co common (L) (AS) "i% "5% , 73 % 36 Co——•—* Coastal Caribbean Oils vtc 10c Cockshutt Farm Equipment Co * Club 2% "l% 1 Inc Inc Bell 11% 3% • 1 & Power Ltd Corp Bearings Beckman 11% 3% 29 34 Mar 7 5% Co Clarostat Manufacturing 6 Refractories Bellanca 11% 50c Steel Baumann Eeck 600 lo Corp Barcelona Tr Light Barium 10,200 Andes— Ltd Oil 3% 13 13 shares American Banff 12% 1 common Securities de Banco 3% 3% 1 .. Company Sep 7% Continental A 26% 80 1 1 Claude Neon Inc —1 Claussner Hosiery Co 5 Clayton & Lambert Manufacturing—_4 Clinchfield Coal Corp common——20 Clark Consolidated Class 250 7% 5 1 Co L D Consolidated Baker-Raulang 4% Mar 28 "7% 1 .-5 Cable Corp Stamping City Specialty Stores Inc— 4%% convertible preferred— Consolidated Bailey & Selburn Oil & Gas- Sep 21% Aug 5 10 4 com Mining Consolidated Circle Consolidated 15% common—.—3 5% 92 1% 88 91% • Charis Charter Colonial 1% 1 Jun 53% 14 2,500 3% 4,900 Jan Jan 7% 100 18 24% Mar Jun 15 8,700 20% Jun 114% Mar 8% 20% 1 50 Corp Oct 9% May Apr 7% 900 1 preferred Nov 22% Jan 98 160 . 12% Oct 8% 4,500 12% Sep 3% 125 Machine Jan 15 3,600 5% 10% 1 non-cum Voting Apr Feb 2% • Inc 20% 9 % 17,100 • Products Steel Automatic 9% Jan 200 7.900 fa div)— Co Jan Nov City Auto 1 Corp 4% 13% 4,800 „ America of 5% Mar 13,000 4 5,100 Co— 10 common————1 2.50 Corp common 10 Oil Co Ltd-. — —1 Co Oct Sep 4% 3% 27% Co Aircraft 3 3% 4 4 preference Convertible Jan 6% 3% As 3% ——---- Chief 5% warrants Automatic Ayshire of arrear July 4 Tel— Line Coast Atlas Atlas 10% 900 3 new America reg Fisheries Coast Atlantic rets dep Laundries Associated Oct Chamberlin Industries— Electric American preferred Cessna Jan 21% — * • 50 2.50 Co convertible Associate Co Gas Light $7 pfd class A & Apr 17% 8% 8'A Power Dec 63 212 .——5 Louisiana 35 Oct 13% 10% 12 V2 16% Arkansas 33 % Mar Jan Jun 5% Nov 4 Electric Co common 10 Century Investors Inc—————•—2 44% 4 4% Century 31 300 11 3 8% .——1 Apex-Electric Manufacturing Co_ 1 Appalachian Elec Power 4%% pfd—100 Argus Cameras Inc 1 Arkansas Fuel Oil Corp ——5 Armstrong Rubber Jan 28 % . 13'A 2.40 27% 100 4 4 Dec 1,700 11% ll'/4 __ 21% 225 51% 49 % 50 % 20% 1,150 7% May 17% Mar Sep 3% 100 Ohio Steel Products -1 Power & Light 4% pfd——100 preferred Feb 14% 4 4 1 J Power Maine 3.50% 21% 20% Angostura-Wupperman Arkansas Conv Central 21% , __ —£1 — Dec 48 25 4% Anglo-Lautaro Nitrate Corp— shares 8% 400 1 High 3% Sep 1 Illinois Secur"Corp————-1 preference $1.50 series preference $1.40 series * Central Sep 20% 4'/a 21% common Anglo-Iranian Oil Co Ltd— American dep rets ord reg. "A" Oct % 21 20% 5% Thread % 1.200 5% 10 — Low 16 15% Ltd Explorers Central % —_ 2 preferred— 5 American Writing Paper common——5 Amurex Oil Development class A——5 Anacon Lead Mines Ltd-. 20o Anchor Post Products 2 American Seal-Kap Corporation May 6,900 11 8 — — _ American American 5% 24 Range Since Jan. High 1 ' Casco 46% Rubber Hard Jan Sep 19 Jan 95 1 common Co Book American 3% 400 % ^ ——1 _———-—.—10° Co .' 25 Laundry Machine ( 20 Manufacturing Co com 25 Maracaibo Co —— 1 Meter Co * Natural Gas Co 6% pfd—25 Potash & Chem cl A conv—• Republics 10 American 11 1,200 23 22% __ 400 4% 4% 4% conv 13 11% 12% pfd 15 {(American Bantam Car Co class A—1 American Shares Low Par 92Vt of America— Co for Week High Carter (J W) Aluminum Range of Prices Last Sale Price Exchange American Stock Jan. 1 Low High Low Par ■ STOCKS Sales Week's Friday Sales Week's Friday 14% 13% 14% 20% 20% 21 12,300 18% Sep 23 V4 Mar 14 14 14 300 10% Jun 14% 160 95% Sep O 102% 103 6% 6% 17% 6% 18 1,600 100 200 6 17% Sep Oct Nov Feb 938 23 Jan July Number 5279 Volume 178 The Commercial and Financial Chronicle ... (2225) AMERICAN STOCK EXCHANCE RANGE Week's Friday Last STOCKS $2 Corp Esquire Inc Pipe Line Low High 1 32'A 33 500 32 Nov 35 Mar or 5 Sep % Aug A Sep 6 Aug 5 25c : 5 VB % % 17,100 A % 2,500 10 common., 1% 300 % 16 —$1 , . Eureka High 10,500 1 Ltd 17% 2% Sep Jan Fairchild Camera Oils Federated Fire Petroleums Sterling Fishman Flying Ford iM Line Motor Class Ford Co of A 23% 1% Ltd ♦ A Jan Kidde (Walter) Kings County Lighting common cumulative preferred iii 4 18,200 116 17 28% Mar Sep 3 A May 7 I'd Jan 75% Dec 1A Sep 3 A Sep A 3 Va 72% 75'A 1,770 62 % Jun 3% 3% 4 Vb 10,800 3% Sep 1 10% 9% 10% 200 9% Jun 11 1 5% 5% 6 6,500 5% Oct 10% 64 % 66 1,700 Inc i (i 7% Mar Mar Jan Canada— * voting Motor 3,500 22,200 Co 66 59 Jun 69% Mar 67 « Oct 73% Mar Lake G Kirkland Ernil) (D (I Kleinert ;-£l 4% 4%; % 4% "1,700 % 3,700 % 3% Jun 5 % Feb 1 4 % 4 4 VB 600 4 Dec 7% 4% 4% 4% 2,800 4% Nov 8 xl0% 11% 500 10 Va Sep 5 Kobacker Power Co 11 ! il May Jan May Alloys 11"% Mar Lake Co Electric Public 6% Gilchrist pfd $6 Globe $4.50 102 % Mar 106% _3lA 600 3% Nov 1% 1% 1,200 1 % Sep 2% Jan 15% Oct 5 9% 9% 18% Mar 27% 400 Sep 87/a 50 V\ 27 Feb 50c l7/a "l% —20 10% 10% 27 1% Sep Jan 200 3,100 2% Sep 8% 2,300 8 10'A 200 Sep Sep 15% Feb 22 600 17,500 6% Sep 11% 12 12 »/4 900 11% Sep 13% Mar 23% 24 1,400 22 Jun 27% 42% 43 120 35 Jun 62% May 33 Nov 54% May 73% 23% 5 ♦ Oct 86% Mar ♦ Mar Jan Feb 37 Va 100 37 Nov 52% Jan 25 25 100 23% Sep 27% Feb 21 Va Oct 27% July Mines % 1 Varnish Manufacturing Atlantic Co Great Lakes Greer Hydraulics Oil 1 Jan 16% 800 12% Sep 300 144 % Jun 170 70 129% Sep 135"% 4,300 1 % Sep 12% 1% 50c 16'A Co 8 Mar 21% Mar 15 Apr 4,200 Sep x21 6% 12,600 4 Sep 8 15% 400 15 Oct A A Jun 19% Mar 10% Jan 13% 34 • Hammond Hearn Sep 34 Stores Class 5 % 'r 4 ','f. Nov Sep Mfg <Geo A) Hardart Hardart 1,500 — ! Co____ Oil & Lock Hydro-Electric Food Dec 4% Feb Sep 12% Jan 21% 250 17% Jan 27 13% Jan 14% May 20% 1,200 18% Apr ,21% Aug 92 80 x2% 7 VB 7% 400 100 xl% 99 Feb 72 Nov Preferred of I ' Feb Sep 9 Jun Feb 9 Jun 600 12% 1,800 11% Sep 12% Aug 16% Jan 2% 100 2% Dec 3% Mar 200 10% Sep 15 Jari Sep 16 Jan 12 10 42% 9 0 129% Oct 18 900 17% Oct 70 98% Sep 44% 17% 99% 100% —, — 175 130 % 132 —— — 46% Oct — 25% 25% 300 25 57% 59% 7,400 .54 3% 58% 3% 100 2% Sep 46% Mar 152 Feb 23% 107 Jan 30 Sep Mar 74% Oct Sep Feb Jan 4% Mar —' 4% 15 500 4% Nov 15% 4% — 15 2,100 13% Nov 5 North 13 13% 13% 2,650 registered—£1 12% July 5% stock—* 29% 28 5 10% 10% 4% pfd—100 America 5 Machinery Hydro-Electric— $3.50 Metal Petroleum 50 A 3.90 V capital stock.* 20% Jan 7%- 10,600 7% 79 Va 1,300 91% 91 230 80% Jun 27% Nov 9% 6% 37 11% Jan 6% May 83 Jun Feb Jan Oct — 2,300 118% 119% 2,900 19% 20% 19% v t c * Fcr 11% Jan Sep 4% Feb Sep 2A Mar 9% 10 VB 180 9% 2% 2% 2% 2,600 2% 1'A 1 V8 l'A 1,500 7% — 7'A 1,100 if 7 8% Mar Oct Sep 2% . 10 common. see 17% Mar 10% Sep 4 Oct 4% 3,300 5% Sep 5% Dec 9% Feb 5,500 7'/a Apr 10 % Aug Nov 100 Jan Jan 9 ~3% 7% Nov "3% "3% 2,100 2% Sep 4% Nov 3% 37/b 3% 100 3% Sep 4 Nov 3'/b 700 3 Oct 3% — Jun 40'A 41% 6,200 20% Jan __ 4% 4% 200 4% Dec — 5% 6 Vb 300 5% Oct 1 10 * Stores Mangel 1 common (The B) Co Manischewitz 3 40% 43 % May 7% Feb 6% Jan 37% Mar 11 11 12% 4~9~% 51 24% __ 5~1~% 675 24% 45 % July 38% 45 400 9% 9% 10% 11 21% 21 Va 21% 2,500 V4 A Dec 11 Aug Jan 18 16 Va 16'A 200 23% 23% 23% 225 14% Aug 41% Apr 51% Dec Nov 26% Nov Nov 15% Feb 24 47,900 10 Apr 13 Va May 8,900" 300 9% Communication Marion £1 10 Ltd Co Shovel Power Massey-Harris-Ferguson Ltd Mays (J W) Inc common * Textile Corp Midland Oil Steel $2 Co 16% Sep 24% Mar 22 Jan 26 Va Mar Sep 15% May Jun 15% 450 3,100 15'A 14% 15'A 2% 2% 3 3,900 6,600 4% 4 'A 4% 27% 29 15% 13% 15 7 1,200 1 25c 15 3% Nov 4,800 9'% Jan 8,200 11% Sep 62,000 8 6 2% Dec 3% Mar> 100 6 Sep 8 Mar Apr 14 Aug 12% 300 % u 3,300 7% 7% 1,000 1 1 13 Vb 12% 13 Vb 1,600 10% Sep 14'A Mar 12 Va 12 Vb 12% 4,800 11% Sep 15% Jan preferred—* 10% 10% 11 125 10% Oct 13 Jan 24% Sep 26% Mar 14 13% 14 500 12 Sep * * 50c 5 1 -1 1% 5% 5 b'/a * pfd—* Tel & ^—100 -;-T—I Inc— Ohio Mfg Co Piston Ring Muskegon Aug 17% Mar 5% Jan 4% Oct 400 20 % Feb 2% 1,900 1% Sep 5 4% 1,400 4% Sep Sep 33% Mar 10 Oct 15 % Jun 22 Jan 25% Mar Sep 57% Jan 4% 11% 11% 900 24% 25% 200 x41 % X40% 43 % 7,100 25% 4% 4% 4% 21,100 2% 11% „ 94% 95% 86 July 96 30 2% 2% 500 Jun 2% 20 157 Jun 34% 35% 50 34 Sep 5% 5% 5% 1,000 4% 3 % Mar 5% Mar Jan Oct 104 Jan Dec 96 Nov 103% Jan 98'A Nov 3 Vb Sep 34% 172% 172% Mar 29 I 88% Jun 1 class A —-—-5 common—2.50 Muskogee Co common 10 Muter Company common 50c Murray 1 % Mar 500 24 1% 100 C of America Products Tel States TV Oct Jan % xlOO 23% 100 preferred 10c 1 6% cumulative preferred ---4 Mt Vernon-Woodberry Mills 2.50 Mountain States Power common—-7.25 Mountain 8 7 29 23% 1 participation Corp Jun 300 preferred series B—100 Metal Aug ~2% 11% 5 com 60 "2% % Co Society 7% 7% : series 21% Mar 11% shares dividend Investors Plan Jan 55 — Dec 29 Jan 2.50 common conv cumulative Clemens Vb * —.10 Montgomery Ward & Co class A Moody Nov 6 Vb Molybdenum Corp Monogram Pictures common Monongahela Power Co— Morris 4% 6 Va common Loan Jan 4% Mar Aug 6 Vb 50c preferred 50 Mining Corp of Canada : —* Minnesota Pwr & Light 5% pfd 100 Missouri Public Service common—* Monroe xl3 Jan 1 Refineries 4.40% 9% 2% convertible 4%% Muntz 10% May 12% Miller Wohl Co common Mt Feb 3% July Products— Piping Midwest 9% 1 Abrasive Mid-West 10% 23% common $1 Corp non-cum Midvale Mid-West 23% May Oct x———1 Petroleum Midland Feb Jan 7% 11% Corp Michigan Steel Tube Michigan Sugar Co common preferred States 4 14% 400 23 Bumper Michigan Feb Jan 200 12% Inc Brothers 34% 40 3,300 8 23% preferred— Participating Jun 17% Jan Sep 3% 19% Co—— Michaels Jan 21 Scott Corp— & Iron Metal 14 19% 8 28% Chapman Sep A Dec 3% 19% 19'A Warrants Mesabi Feb 22% NOV 18% __ — -1 Mfg Co.Merrill Petroleums Ltd— 13% Jan a'a 28% 19% Menasco Sep 9% 18 1 5 McKee (AG) & Co common * McWilliams Dredging common——10 Mead Johnson & Co —1 Aircraft Corp McDonnell — 600 * • Mapes Consolidated Mfg Co Marconi International Marine 176 Jan Nov 37% Mar 5% Mar Jan 3% July 5% Mar 3% Mar 3% Apr 15 16% 103 Va Oct 23 4,800 14% Feb 17% Mar 101% 103 Va 310 96 Vs 16'A 16% Jun Jan Mar 114 4% ~7% Jan 31% 1% 1% 6,100 1% Nov 26% 1% 28% 100 25% Jan 7% 7% 400 7% Sep 9% Jan Jan 42% Jun 31 32 250 27 33 Va Mar 6 VB 6% 3,100 6% Sep 8 Va Mar 300 14'A Sep 17% Mar 3% 6 Va Jan 5% July 4 Sep 8% Jan 2% Jan N Corp 13,100 Hess common Fuel Gas National 119% 32 Vs & Stores Dec National Ltd Phoenix Industries— Presto Industries Inc National Jan 18% Bellas Radiator Co National Research Corp— Petroleum National Jan Machinery.— Rubber National Products Starch Sep 30% Mar National 300 10 Apr 13% Nov National Steel 3,500 2 Sep 5% Jan National Transit Union Meter Ltd Car common. Radio 84 Jan Neptune 1,500 10% Nov 15% Apr Nestle 6 300 5% Sep 12 Jan New British 3 2,100 2% Oct Jan New Haven 2.50 England Tel & Tel May —1 * 1 Mar Jun 1 Co Milling National Le 3 2% 5% common Mur Co common Oil Dominion -_.l 1 -10c 10c — — — 1% * • 15c 3 V'2 4 1 % 1 15 1A lA Clock Ltd 1 ,40c 40c 15 1 3% Sep Idria Ik Oct 5% Jan 5% Mar New 25,500 New Jersey 17% Mar New Mexico & 50 6.900 15 lA Min „ 1 page pfd 35. 100 2% 2% 2% 20,600 2% 95 % Nov Aug Process York & 15 preferred — 4'A 4'A 3,700 ~1% 2'A 2 15'A ~1% 2 2 VB 3,900 1% Sep 15% 23,500 13% Jun 16% Mar 12 Va 2 15% Sep 17 Jan ~1% 4,300 1% Dec 3 A Jan 2 'A 10,900 1% Jan 3 July 2,000 9% Nov 13'A Mar 12% 1,100 x9% Sep 13 18 15% 9% 12% 19% 2,200 12 Jun 19% 15% 16% 800 13'A Jan 21 Mar Jan 20 July 28 "A 9 Va 400 28% 300 25 Apr 3 % 2,000 3 Nov 4% Mar 1% 2 2% 14,900 1% Sep 3 23 Jan 600 20% Jan 25% Apr Sep 4% Jan 19% 23 23 4 213 May 29,900 li'« Sep 1.620 109 Vb Sep 3% 1,200 2Va Jan 4% May 7% 350 5% Jan 10 Va May 3 7'A Arizona Mining Co Land , Dec xll4 Va 116% 113 2 xll4% 7'A 2A 116'/a Dec 1% July 1 1V* 5,100 1 Oct 25 Co Oct 3 19 % 25 Chem Nov 17 27% 19% 1 20 4 41% 41 42% 13,500 40% Nov 60% 1 1 12 Va 11% 12% 5,900 11 Va Nov 23 1 % % % 9,000 % Sep 50c 50c 1 Jan May 1% Mar Jan New New York York Co 62 % Mar Nov 9 Aug 10% May To 10 1,100 25 Apr 28% Mar 500 7 May * common,...— Auction & 53 » 5% Mar 105 Park New 2% Mar New New Sep *'nn a. 4%% Co.— Zinc Oct 100 100 Watch & convertible 700 % 15 & 25c 10c 2 4 1 10 1 * 1 30c 25 Jun Dehydrating Alfalfa — —1 Inc Namm-Loeser's common 100% 103 10 — ' Corp footnotes 800 32 2% 10% % 5% i Electric 12% 17 % Mar Mfg Oct K & Feb Sep 10 Va 5 4%% Glass Co Gas 12% 16% National Nov 80 10% 1 Chute Motors Jan Jun 10 12% 12% 2% _100 _ Manufacturing O'Mahoney Inc Julian & Kokenge Co Jupiter Oils Ltd ' Kansas 11% Jan Co National Jerry Kaiser 600 Sep Co New Jeannette 12 % 5% National 79 27 1 Inc Irving Air Jan 12 12 'A 14% Oct Co— preferred Ironite 18 12% Mar 7% 100 17 5 / Service 80 • 10% 10,500 * Products Iron Fireman 18'A Sep 9% Co Oct ■1 i Industries v 91% 29% • series Royalty Public Jan 14% Rights National capital International Iowa 15 Jan 14'A 50 9 Vb Service Public Maine Nachman • Canada of International Investors % Nov 600 16 Jan 16% I K Cigar International 3,500 16 16 9% Mackintosh-Hemphill 3% Sep 6% 12% Imperial Tob of Gt Brit & Ireland—£1 International Feb 9% Mar M preferred 10% 12 — 46% • Indianapolis Pwr & Light International 3% 37% Mar Apr ! ' (Canadai Co Jun Aug 15 -2 cumul 2% 131% 5 receipts Tobacco Insurance % Feb Dec — 5% 5 (The) 4.80% 12% 2% stock—* common dep Imperial Oil Imperial % 32% 11'A 36'A Jvly — 5 Va Chain 4.50% Imperial Chemical Industries— American ""% 2% 27 8% • 9% May Jan 10% 10% Co_——5 Securities Co 89 Sep 68% July May 7% 5 Products l Zinc Jan 6% 2 % % 1% * Manufacturing Jan 2% 7% * Refining capital & Apr 2% 30 400 91% 91% 15 common 12% Oct Sep 3,700 20 % 100 Inc Oct Jan 7% 1 2 5% 3 x21% — • common 1% Nov 7 7 1 . 9% 19 1% 2% — 5 , 1% Aug 3% Sep 1,100 2.50 Baking Co »Harveyi Illinois 2 Vb 27% 10 A preferred Hygrade 2 1 preferred & 6c Humble 1,700 » & Hurd 4,400 27 —10c — Horn 5(7 1% 1 common class Horn Hubbel! Nov 53% Mar 100 100 Holly Stores Inc Holophane Co common Hormel 23 Jan —.100 Co Inc Nov bu 4 2 common Hollinger Consol Gold Mines Horder's 21% 150 9% ♦ __ _ Products Co & 200 9% * Steel <Ri Dec 3% 27 Jan 20 8 25c common-— convertible 5V7 4,000 2,200 1 5 Va Corp 5% Mar Jun 9% 5 common preferred. Higbie 1% 3% 14% 37 * preferred Hercules 22 51% 1% -10c common Henry Holt & Co Hoe Co. A Co 21 % . 1,050 1 Co__ Rubinstein Heller 3 37% — 1 Middle 1% July 2% Dec 1,300 20 51% „ —1 _ Mining Helena 2% 900 2 Lithographing Corp. Dept Hecia 2% 25 — 2 18% l Light Brewing Co Hastings Mfg Co Hathaway Bakeries Inc Havana 5 . Ltd Organ Company—. Electric 1 % * — Co 2 1 Harvard Hazeltine 34 Vb 34 Va Mai 4,200 Micromatic Hone Corp Inc Co_. Bridge Hartford 2% * 6% 1 L* Feb H Lamp ' - — 50 4 Land & Exploration Nov 2% Mar 16 Va 5% 15% 6 9c Alabastine 1% 1% Brewery —2 Products common 5 & 5% 132'/a 133 — — Western Laboratories Hamilton 700 600 35 6 Longines-Wittnauer Watch Co Louisiana Merrilt Leases Stores 100 165% 167% • 100 Inc Freehold 5% Tea— stock- Chemical & 1 % Mar Sep 15% 15% 5 Pacific & Non-voting common lr,c 1st preferred % 5% 1 Steel Locke VifMay , 11% Oct lffTS^ecf Jan % 20 6% 1 : 9% 4% Mar 12 % 37 Va Hall 30 11'A 4 — Lunkenheimer 7% 20 7 % B Feb Jun 3 8% • Class Inc G) (R Tourneau Lynch 108% 103% 23,! Manufacturing Co 50 Manufacturing common 4 Graham-Paige Motors 5% conv pfd„25 Haelan Jun 25c -1 common— Nov '/a 10 Realty Jan 117% 8 _• Lefcourt Jan Gorhan: Lime Jan 8% — Jun 2% 10 Inc 2% 12% 106 1 B Mar 112 Va July • class 108 Jun 9% 6,400 Apr 9% Aug 34% Mar Jan 99% 2 10% 5% Sep 103 5 preferred Gypsum 26% 28% 11 35 — — Xl2 Liberty Fabrics of N Y 5% cumulative preferred:. Loblaw Groceterias class A • Grocery 12 Vb Miy 5 1% 10 Sugars class A— Grieseriieck Jan 6 Va preferred conv Le Goodman Gridoil 8% 5 50c common— cum Apr 100 •. : Rapids 5 % 3 1 Consolidated Lear Inc Sep 11,600 Great 100 5 IV4 % Graj 9'A 10 University 600 % Grand 8% 4 Co 1% common prior 1% July il2 Machine Extension Sep • Co Sep 5% May 12% Jan Sessions Monotype Salle 9% B Goldiield La 3,400 Coal Union Class Lanston Dec 10'A preferred Distilleries Godchaux Jan 21% preferred—* Co Glen-more 22% 1 V\ Corp Alden Oct Nov —£1 Gladding McBean & Co Glen 20% 20% 10 Vs Giant Yellowknife Gold Mines C) & 1.200 2,600 25 preferred.- Service Georgia Power $6 $5 preferred Corp 1 Plywood Corp common! Adv convertible (A Sep —1 5 & Machine— of Delaware— Foundry Lakey 21% Ltd— Co General Gilbert 1% 1 , 1% com dep Mich 6,500 1 Ltd * Outdoor Gerity 1U Itt — 5 Inc 10 VB ^ General 5Sr Apr 1% 1 Company 1 rets ord reg. General Finance Corp 5% pfd A General Fireproofing common. General 13% * 10 5 Co— ; Mines Shore 1% l General Builders Supply Corp 5 Si convertible preferred American Jan 7.50 Apparel L'Aiglon 21% —100 Mfg Co common Acceptance Corp General 11% Ltd Co common—. Corp Laclede-Christy 21 V\ 21'/a * preferred General Nov 1,150 Kropp (The) Forge Co —33 %c Kroy Oils Ltd —-r-20c Brewing Co——— 1 21% • common distributed General 26 V\ 12% Krueger Lamson 5'/t M Co Stores Lamson Gellman Apr 11% Nov .1.25 When 21% 12 * 50 1 1 10 .1 Rubber B) Hotels Knott High 1,000 Ltd— American deposit receipts ore Ford Motor of France— Gatineau Co— & preferred Klein Low 26 —* 5 common. Kingston Products Kir by Petroleum 50c Range Since Jan. 1 High 24% 1 32% Mar Nov Co Low 26 Oils & Mines Ltd Ken well Key 75% non-voting— B 23% Shares 5 Inc Kennedy's Jan 10 Inc 4 21% for Week * Co 1A 2.50 (Phila) Inc__ H) Tiger Class 1 25c Association Firth Instrument & Ltd Sales Range Par Kawneer 4% Fargo Week's of Prices Last Sale Price American Stock Exchange 2 , Eureka Corporation Warrants 4 STOCKS Range Since Jan. 1 1% preferred— DECEMBER ENDED Friday Shares 10c common convertible WEEK for Week Low Par \ Equity Range of Prices Sale Price American Stock Exchange FOR Sales Co * common- Honduras Rosario Merchandise— ,_10 10 27'A 8 27'A 7% 28 3 a 8 9 Feb The Commercial and Financial Chronicle 34 ... Monday, December 7 (2226) EXCHANGE AMERICAN STOCK RANGE Friday Last Range ■ Inc Lites 16% 17 2.100 15% Oct 17 17 x 1% 5! 3% Mar 40 % 300 40 % Nov 44% Mar 1% 5,900 1% Sep 1% 17 1,000 18 3 3% 93 93 93 % 360 25 % ——--—-50 pfd—100 • 23% 26 % 2% 4,700 2,600 3 ft May 22% Mar Sep 4% Nov 82% 3 4V»% — 17% 18 -* — Corp Novadei-Agene Oct 40% Pub Serv Jan 1% 1% RR Co— % 4,500 40% Airlines Ind Servomechanisms Leather Jun Jan Mar 92 Inc 5% "4% 4% "4% 5,000 40% 41J/8 400 77% 2,200 Co Silex Oct Corp Natural Oklahoma Company Okonite Old Ltd_ Oils Okalta Corp Town Gas_ common common preferred cumulative 40c United Oliver B common Publications— convertible preferred—,—— Sep 3% Jan 20% Apr Sonotone Can Co common — redeemable 1st pid series red 1st preferred— 5 % 900 8,500 18 75 77'% 850 63 9 Va 1,500 8% A 4.80% Lighting $4.50 preferred $4.40 div cum preferred 57% Mar 1% Nov 108 Apr 84'% Nov Soss Nov 16% Jan South Coast Jan 6% Feb South Penn 15 16% 200 Sep 23 % Mar 3% 3% 1,700 3% Nov 9% Mar 20% May 17 Va xl7% 75 Xl7 Va Dec 39 41% 150 35% Sep 52% Jan 17% x 39 17% 300 15'/a Oct 19% Feb 17% Jun 12 100 14% 14% 5 16% Jan 33 32% 33 2,000 30% Jun 34% Jan 29% 29% 29% 400 27 % Jun 31% Jan 27% 28 300 25% Jun 28% Mar 27 27 27% 1,400 25% Jun 28% Jan 25 25 27 % 27% 27% 600 25% Sep 28% Jan 26% 26% 800 23% Jun 27% Jan • • 99 % 97% 99% 170 91% Jun 102% Jan 410 90 Jun 101% Jan dividend preferred • 101% 870 96 Jun 102% Aug Pacific Northern Airlines 1 2 2% 8,500 2 Nov Pacific Petroleums 1 8% 9% 18,100 100% 100% 75 $4.75 Ltd— Pacific Power & Pacific Public Service Light 96% 96 102 6% Aug 97% Jun 103% Jan 17 Apr 21% Jun 24 Sep 67% July 25 % Jun Tubes common... • Petroleum (C A) vtc__2 Bol Oil Pantepec Park (C Chemical Parker 3% 8,900 % ~4% 13% Pennroad Power Penn Water common & 13% 100 15 Aug 13% 13% 1,200 12% Jun 15 July 15% 1,600 127/a Sep 17V2 25 Nov 36 2 & Power 5% 6'% 1,600 5 5% 200 5 July 12% 13% 7,900 5% 1 pfd Co 13 105 • 37 % 1 Common Pinchin Johnson Pioneer Gold Ltd Amer Mines 1 37% ei% V 60% 61% 13% 700 13% 13 4% Jun 7 Aug 3% Jan 4 of Canada Inc., 25% 1% 17 2,500 ~1% "1% 67% 2,100 _5 7% • t . Sep 1% Sep 57% Jan 35% 35 35 • 1 % 500 2,430 600 7% 7% 100 28 V 400. 3% :3 19% 21 21 v 18% 1 8% Mar 275 34 35 43% 42% 43 , 33 *- Oct 116- 35 • July Reis com Corp class Tube Starrett Steel Co of Steel Parts Stein (A) ordinary Canada Corporation Rice-Stix Sterling Aluminum Products Inc Sterling Brewers Sterling Engine Sterling Inc (J Stinnes (Hugo) B) Corp Stroock Co Tool Die & 2% class Inc Talon Class 8% Aug 9% --1,600- B A Technicolor Inc Shdvel Thor Tilo Field Tishman Feb Tobacco & Royalite Oil Russeks Fifth Co F 11 Oct 12% Mar 313 1% Apr J ' Dec 45% 50 40 27'% 900 26 34% 400 31% 32 % 32 32 % 400 '28% Jun 33% Mar 1,400 22% Jun 26% 22% Jun 24% x24% 25 ■. Co Aug 2% Jun 90 25% Jun 14 14% 300 12% Sep 19% Mar 35% 150 22"% Apr 37% True Sep Apr . - 6 Jun May 19% Seaboard Securities Seeman ; .9% Mar 9% Feb For Corp 45% 40 5% 5'% 200 5 Sep 8 Jan 40% 1,200 35 Sep 49 Mar 3% 19 % 600 12% 13 40% Feb 2% Sep 5% Jan 7/a Aug 2% Jun 6% Apr 3 % 100 19% 12% x45/a 300 41 41% 17 31% Nov Lux 18 Sep Sep 20% 12% 38 200 2,400 Jun 42 17 % Apr Feb Nov 17 17% 5,200 11 Jan 18% Sep 24% 25 1,750 20"% Jan 26% Oct xl3% xl4 14 10,500 11% Sep Sep 16% Mar 15% Mar 10% May 12 8% 8 % 800 7% Sep 3% 3% 4 700 3% Sep 6 Va Feb 5 4% 5 500 4 Sep 6 % Jan 3 % 3% 2,300 27/a Jun 4% 34% Feb 16% 16% 1,150 13% 13% 100 13% x8% Jan x28% Sep 2% 16% Jun 16Va Jail 18 Dec 18% May 3% Jan Mar 9% Mar x87s 200 2% 2 Vs 2%' 3,000 1% Sep 3% Mar 3 2% 3% 5,100 2% Sep 4 20 % 20 % 225 8'% 2,000 20'% 8 Jan 20 r Oct „ Jan 23 % Mar Jan 6% 9% Apr 31 31 31 50 28 Jun 31% Jan 18 % 18% 18% 600 16 Sep 20 % Feb 4-4 700 5% Jan 4% Sep 200 77/a Sep 36% 37 300 X27% Feb 2% 3 2,300 2% Sep 4 Jan 10% 4"4 Jan 16 Mar 15% Jan 4% ' 9 9 37 9% Oct 37% Nov 10% Nov 15 Jun 53 Dec — 15 14% 17% 59,500 14 Sep 17% Nov pfd— ? May 105% Jan 21% Chemical 4% ajn Union Gas of Realization Jan 23 % May Union Investment Sep 57% May 6% Nov Union Oil Apr 200 3% Feb 5% Nov Union 6% 600 5% Sep 9% Feb United 1,000 5 Jan 14% ft 1,000 24 % 1 % 11 2 "a 91 21 Sep United Milk United Molasses 8% Sep 9% Oct 100 24 % Oct 1% 1% Sep 2% Oct 2% Aug 2 % July 3,800 50 82 Jun 27% Mar 2% 94% Jan Feb Jan 7% 18% 5 19 % 1,300 Jun 9 Oct 17% Nov 26 Mar series Kt®stic Amer dep of rets ord United NJ United RR 6% Jan 16% Sep 19% Mar 850 35% Apr 50% Oct 5% July 6% Nov 3/> 13 " 1 r<t 43% 43%. '2% 2%. 1.1 1 % 1,400 & United Specialties 85% Air 26 % May U S Foil class 43 % May U S and International 14% Mar 13% 12% 13% 5,300 12 Sep 17% Mar U S Radiator Oct 6% Mar U S Rubber 14% 14% 100 12 Jan 16% Mar 2 Sep 4% Mar Universal Consolidated 4% Sep 6% Mar Universal Insurance 4% B with warrants 1st preferred $5 United Securities common Reclaiming Stores Corp Co common Oil 2 % 9.200 lik Sep 3 3'% 2,400 2% May 4 3% 4 Va 61,600 18% 18% 19 3 Va 17% 500 Utah-Idaho 25c 5 1 3 17% 5 2% 17% 6,300 30% Apr 397 a 16% Apr 1% Sep 3 ib 3% Sep 7% 1,800 1% 1% 1 % 6,000 22% 22% 22% 1,000 1ft 1% 6% 2,700 1% 2% page 35. 2% Aug 11% 2,700 6 Ii H» 1ft ! -6% '.IV Il'if; xl2% 12% Jan Jan 18 1% Jan 3% Feb 300 2,700 3% Oct 9% Jan 1,600 26% Jan 33% Dec 92% 92% 93% 775 88 % "5% "5% 5 % 2,400 2% 10% Jan Jun 96 Jan Sep 7% Aug * 73 100 4% 80 Jan Apr 6 May Mar 36% — 9% 36 % 50 Jan Aug 13 Jan 4% Oct Jun 235% Feb 34 % 100 11 Sep 7 3% — * 43 10s 25 10 25 221 .— 1 10c * * ~4% 4% 4Va 50 36% 37 6,100 Jun 40% Jan 36 38 440 34% July 38% Jan 14 % 35% Jan 19% Mar 15 % 400 2% 3 Va 19,300 Jan 3% 17% 18 Va 800 14% Jun 20% Aug 64% 64% 25 52 % Jan 72 July 39'A 9,700 30% Sep 43% Jan 6% 2,700 5 Sep 8% Jan 225 86 Sep 96 % Mar 6 Sep 11% 1% Nov 2% July 1% 15% "2% 64% 36 % * —1 1 —50c 88% 88% 6V4 6% 6% 1% 1% 2,700 1% 100 5 Sugar 6% Mar 37% 39 Va 10 Jan 36% 1 • 10 14 Mar ft May 6% % % — 90 57% ii 58 1,800 % Sep 300 41% Feb 58 Feb Jan Feb Nov 21% Mar -- 24% Jan 25 % 25 Va 100 25% Dec 37% Jan 2% 2% 1,600 2% Sep 3% Jan 5% ~ 2 % 6 Feb 400 1,300 • .__i Jan Va Mar l . 5 19% July Dec 10,000 5% 3 17% Sep Sep 3% 10 Universal Products Co common 2 Feb Jan 2% 100 Corp.— Jan 39% Jan 2% 2 Va common—. Conditioning Sep lis 97% Oct 3 % common__50c Finishing Co $4 convertible preferred Sep 38 V2 Jun 1% ■ Feb 33 % A U S 18% 1% Jan 2ft 25 10 39% 4% 58 3% Preferred 33 1 Sep 32% Canal 900 1 Oct Jan Dec 2% - - 200 1% At U 43% - 1,000 3,900 94 93 400 " 2% 46 3% Sharing common 10% preferred United Shoe Machinery common 1,600 300 Aug 800 -100 2Va Profit 13% 1,400 8% 7 18 33 % registered 40 % 5% Oct 4 20 21% 2% 23 % 10c 5 common 13% 2'% Jan 28 Va May Ltd— Co 39% x5% Nov 13% Mar * 1 Corp Products 21% 2% 14% 150 17% 46% 6% -.1 Omaha 13% x5 % 800 —4 Co 40 • 16 22 31% May * — Corp 21% 200 Sep 4% Products United Jan 2% Aircraft Apr 28% 92% 'Sep 8% California— Yards Stock 1% Mar Sep 600 2 of Co preferred $3.75 4% 6% 24'% 21 - 3,100 • 18 5 Corp 5% 6,300 400 r 44% 1 1 Canada 41% 9% 2% 21 - 95 Jan Oct 21% 8% 91% 15 % 22 25— Nov 19 Jan 100 1,000 100 11 10% * 225 25%'* 9 22% 10% 20 Inc 900 24% »" 104 22% warrants 6% % - 10% 25c Corp Temper 8 % 25% 10% 104 5 1 r Corp 47% 1 Airlines Sep 40 Trans 23 8 1 General see 7% May 900 Nov 4% 6% —II—50c footnotes Jan 1,450 Feb 101 45% 1.25 common^ Inc. Feb 500 1,700 Mining of Nevada— Trans Empire Oils Ltd. 6% * ___• common. Ltd Western 35% Mar 11 Stocks 22% 10 1 Bros 28% Mar Jun 11 % Inc 3'% July 1 1 Inc Oils Jan Mar 53 — Tri-Continental 35% 14 __10 common..; Scullin Steel Co common Scurry 48 38% "5% Security Trust Co Ltd— deposit rets ord registered—£1 1 Amer deposit rets def registered—5s Todd Shipyard Corp common .20 Toklan Royalty Corp— 70c Toledo Edison 4%% preferred 100 600 96 5 St Lawrence Corp Ltd common Sapphire Petroleums Ltd Savoy Oil Inc (Del) Sayre & Fisher Brick Co.. Inc Jan May » 23% ' (D A) 8% Mar 40% 23 % Amer 96% 1% -7% 8 Schulte Mar Sep 30 Va Tobacco / Dec US Ryan Aeronautical Co Ryan Consolidated Petroleum Ryerson & Haynes common.. Schick 11 5% 2,800 10% common Allied x30% x31% • £1 Ltd— Ave Dec 400 32 % % X30 52% & Construction— Realty 200 1 pfd Inc Corp Aug 5% Mar 52% Inc Roofing Jan 400 50c dep rets ord reg Corp common (The) 7% 800 6 20 Sep 10% Corp.. Markets 8% 1 Rotary Electric Steel 8 4J/a 11 caramon—J Corporation Thorofare 8% 1 Cable Roosevelt Rowe 3,100 * 1 common Light $4.56 Chemical Thiokol 44% Royce Ltd— Amer 7 % 5% 4% 3 5 common common 8% ♦ Inc Mining Co Rio Grande Valley Gas Co— (Texas Corp) v t c Rome % 4% 15 Electric Co common— Tampa 2,000 5 Rico Argentine Rolls Jan 1 Co Oil Corp Finch Swan 2,400 1 Engineering 4% Jan 4% 25 Co common——* & (S) 1% l Elec 42% 34% Inc Stop & Shop 11% l & Nov 27 .—1 10c -1 * 5 common-— 9% 6.25 Radiator Gas com — Co Stetson Ulen Inc Rochester 32 5% Mar 45 * 5 r% 10c Richmond 3,400 5 & Co common 2% 5 ! Remington Arms Co — B_ Corp.— (The) 1% • & mar 32% 5% 1 1 1 1 * Co Products Standard Nov 1?% 32 1,400 Standard-Thomson 33 Jan Feb 3% Standard Jan 4% 3% 2% iq Co & - 3,900 10% 100 Timber common Electric Nov 4% Mar 12% 1% Tonopah Co (Robert) 29% 100 3 -40% Mar ; B Reliance 24 % 7,100 5% • ft Colorado— Co 50 4% 1% 112 37% Sep " Reading Tube Corp class A Shoe 32% 5 Unexcelled Pump Nov 15 " 250 % Jan R Class 4% 3 Co 4% Nov - Railway & Utility Investment A Rath Packing Co common Raymond Concrete Pile common Reda 17 V4 Mar Jan 2% Dec 14% 1 Trunz Regal 21 % * ——2.78 Standard Dredging Corp common 1 $1.60 convertible preferred 20 Standard Forgings Corp 1 Standard Oil (Ky) 10 Standard Packaging Corp 1 Convertible preferred 10 Standard Power & Light common 1 Common class B * • Manufacturing Power 1.6UO Feb 28% Edison— Spencer Shoe Corp— Stahl-Meyer Inc— Standard Brewing Co \ cumulative preferred Quebec ~3% 3 Nov 105 Sep 30% original preferred -25 4.88% cumulative preferred: 25 4.56% convertible preference 25 4.48% convertible preference 25 4.32% cumulative preferred 25 4'08% cumulative preferred 25 Southern Pipe Line 1——1 Southland Royalty Co— ——5 Thew 5% _1 Corp of Nevada Co class B Co 15 5% Nov- 3% 23% Mar Nov 3% May Preston East Dome Mines Ltd—- Pyle-National 800 x7 common California Southern & 1,300 100 Puget Sound Pulp & Corp Oil Co Texas. Power 2,400 100 Pyrene -• Jan 3% • common • — 16% Jan 77% Jun July 16% P'eb 44 Jun 96% 19 4% common— 1 1 common——12.50 Manufacturing Mar 5% 1,100 of 11 . 3% 9% 4%% 38% Sep 5% 10% Public Service Mar 5% 9% Providence Gas Jan 3% Mar 3% 10% Prosperity 65 20 200 Oct 8 Va Sep 37 % May 3% July 18'/a Jan * • 225 l of 14% 3% Dec 2% 75 6% Oct "^VrA-ug- • 1 2.50 Producers 25% Sep 69% 2 2 common——, America Metals 7% Mar 11% Mar May 25c 1st preferred-r Lambert Co Pressed Feb 600 2.50 common & Prentice-Hall Jan 3,600 24% 1 50 10 common——; Alexander Corp 3% 5 68% __1 Mining Co & 41% Mar 4 ' Scale id Mar 17% Mar shares—10s Ltd —. Pneumatic Jun ft Sep £1 —• Superior Jan 3% 24% Sep 5 32% 16 % 14% Mar 4% 4 14 32% Jun 53 100 Feb 108 2% Sep I 200 2,300 15 Apr 15 % May 6'/a Jan 15 70% Mar 33 Jun Sep % 5% ft 28% — Sep 650 38% Jan 5% Sep 95, Nov 76 ~3% —;—1 • Sun Ray Drug common, 25c Sunrise Supermarkets Corp.J 1 Superior Portland Cement Inc— * 11% 175 104% 105 Feb 7 % May Oct 5% 100 ,_T Light 4% % Governor 6% Dec 15 • Piper Aircraft Corp common Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pittsburgh Railways Co__ Pleasant Valley Wine Co Pratt 4% 15 % Pep Boys (The) l Pepperell Manufacturing Co (Mdss) ^20' Perfect Circle Corp —2.50 Phillips Packing Co * Phillips Screw Co__— 10c Power Feb 13% 2.50 Co Corp Penn Powdrell 5% Mar 1 2 A & Ltd Co Polaris Feb 60 Jan 3% Aug 12'% Jun 600 Sep 2% ■ Sep 53 4 69 Feb 2 class Rig Traffic Pierce 4 ~ 1 Reel. Plymouth Mills Patchogue Penn 1% 21,300 1% 3% 3% 1 B Parkersburg Patican 1% 1 % share—1 Bol Company Co Pen Class Amer Corp Motors Paramount 13% Mar • 100 ! Page-Hersey Pancoastal 3% May * pfd 5% common— preferred 1st $1.30 ; 4 900 25% - Corp 8 16% _. Pacific 1 1 Jan 6 1st 1st 5% Iri 8% Electric 6%, 1st pfd—25 preferred.-—: —25 preferred -&25 redeemable 1st preferred ..25 5 % nr 19% 76 Pacific Gas & 5Vz'/o Sep Jun 19 Va 1% 2% Nov 95 500 16% 1 -* 20 Pattern common Ltd common Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills 44% 19% O'okiep Copper Co Ltd Amer shares. 10s Overseas Securities 1 Pacific 150 -• 4% 1% Oct 102 Va 102 Va • * Jun 1% 1,000 1% — & Telev Inc————-1 1 Inc Omar class Filters Olympic Radio 1% 105% 106% 1% • 100 90c 7.50 25 1 7 —_• preferred 4%s Power 9% Simmons-Boardman $3 50c common Ohio Brass Co class B common Ohio 500 27 1 Jan 10% _ Simplicity Simpson's Ogden 77 -25 10« of Canada Shoe Corp of America class A Sicks Breweries Ltd— 29% 10% 14'% - preferred High Nov 4% 0 Sherwin-Williams 98% 87% July Jan 20% 5% * Shawinigan Water & Power Sherwin-Williams common 4% % common— Denn Mining Shattuck 10% 10c Sentry Safety Control Serrick Corp class B Nov Jun ——25 5 Jan. 1 Low % 20c 2% Mar 5% 20% Mar Sep Range Since High lti —1 common Corp. 1% Aug % $3 preferred_50 — Mar 19 3V4 Aug 14% Low —-J & Hardware— Lock Selby Shoe Co Sentinel Radio Seton -Is 1 Nov 19,100 1% LtdCentral Texas Oil Penn a 1 % Oils Canadian 28% 900 3,800 1% 4% Shares ' 9,800 % 17 1% 5 1 % American Rayon Northern 17 % North North Jan % Norden Laboratories Corp. Northeast 15% —* _ Products Ltd— dep rets ord shares— North North 200 Metal Non-Ferrous Amer 28 Sales for Week Range of Prices High 28 * Mines— Nipissing Noma -5 Pond Niles-Bement Low Segal common; Corp Share Exchange American Stock Range Since Jan. 1 Shares 28 shares Founders Niagara Last Sale Price Par Corp— Shipbuilding York Week's Friday L6w Par New I STOCKS for Week of Prices Sale Price Exchange American Stock DECEMBER ENDED Sales Week's STOCKS WEEK FOR 1953 200 - 700 1% Jan 3% Nov 18% Oct Valspar Corp common $4 convertible preferred Nov 2 Feb Vanadium-Alloys .19% Sep 28 Jan Venezuelan Sep Sep %" Sep 5% 1 12 % Dec 212 11% 4 15% is?' Jan Venezuela Feb Vinco Feb Jan Steel Co Petroleum Syndicate Inc Corporation Virginia Iron Coal & Coke Co Vogt Manufacturing 1 5 * 1 20c 1 10 • 900 5% Sep 7% Mar May 73 22% 27 % 22% 200 26% 27 % 5,500 3% 3% 800 4% 600 26% 100 4% 26 Sep 83 22% Sep 30% 16% Jaii 29% Nov X3 Nov 5 Mar Oct 8% Mar 4% 24 Oct 11% Sep Jan Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2227) AMERICAN STOCK EXCHANGE RANGE Friday Week's Last Range American Stock Exchange of Prices Shares FOR Sale Price Par Aircraft Co Wagner Baking preferred 7 % Waitt & Bond Low • voting ctfs ext 2% 300 7% 7 734 400 % 13 % Webb $6 lOo preference Manufacturing West Texas Utilities $6 pfd Western Homestead Oils Ltd Western Leaseholds Ltd & % Nov 200 11 % Aug 1% Jan Jan 7% IVb Oct 6% Jan 10 200 334 Jan 13% 1? 25.400 172 % 1,720 4 % 1,200 30 43/a ~>4 5/b • % 4% pfd__100 Stationery 4,000 2,100 166 4% • 1st 114 9% 113 % 113'4 lOo Western Tablet 1,200 6,700 5 14,400 181 % 182 % 100 xll% 11% Jan 5% 113'4 Nov 1% Peru 17% xl7% Sep Nov 34 Vz May 11 Sep 23'% Jan 350 16% White's Auto 5%% conv Stores Inc. 200 500 800 preferred— 2b 22 -1 . Wickes (The) Williams Corp (R C) 17 Products Petroleums Ltd Inc Brothers ..1 de May 200 2% Feb 3% 1,800 4 Sep 6% 500 8 Feb 9 Oct Vz 200 11% Jan 66,500 % Sep 1$5 °2% 2 1,000 Nov A 5 10% 10% 2 10 100 Nov 14 15 500 12% Nov 30 Vz Oct 3s E Jan 2008 63% 63% 99% 99% 63% 57% __ Mar-Sept $37 2 40 Jan-July to 1997 *44 58 96 46% 1997 1 stamped reduced 101% 34% 43% 37% 49 36% 41% 29% 32 -- 39% 39% 39% 32 (Plan A)— 2% 2012 6%s ..jan-JuZy 1919 *30 ..Jan-July 4% 31 e value, par Odd-lot Deferred a delivery transaction in year's range), 21 3 6% 4% 12 3% 6% (not Included In year's range), d Ex-Interest f Ex-distribution, g Ex-stock dividend, h Ex- (not included in year's range), Under-the-rule transaction (not included n included 4% 4% transaction principal. 4% ,_June-Dec in year's range), Transaction r for cash Ex-dividend, x JFriday's bid and asked prices; A Bonds being traded flat. y Ex-rights, z Ex-iiquidating dividend. sales being transacted during current week. no § Reported in receivership. 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. Stock and Bond Averages Below listed 105% Jan daily closing New York Stock of representative stocks and bonds averages as compiled by Dow, Jones & Co.: Stock* -Bond* 10 8% Nov May 3 % 20 IB Total 10 Flnt Second 10 Rail¬ Util¬ 65 Indus¬ Grade Grade utu- trials roads ities Stocki trials Ralls Rails ltiei 280.23 97.68 51.94 106.73 97.50 96.77 96.24 Sep 134 10 30 Date Sep 2% Feb Nov. 27 Nov. 5,600 Exchange Indus¬ Jan 3 £1 1% the on May 6 1% the are 44% May 3s is 99% 16% Mar 2,600 Ltd— 1 *63% *58 -June-Deo 1921 'No Mar Jun Sep 13 '4 110 _April-Oc< _june-Deo High 63 y8 $63 % Oct 12% 33 % • 2%s Government %s 3% Mar 13 Wright Hargreaves Ltd Jan. 1 Low Apr % 12 % 32 >4 preference High NO. — series fund Janeiro Range Sine* Sold A)— Feb Nov 98 deposit receipts to Bonds Mar 6% xl4% 12 % 10% ..May-Not 1947 Jan 4 12 Range Friday's or Bid & Asked ' • 2 6% 25 3 % 8 American Jan Nov 21 1 common of) 2%s ARussian 25% Mar 8 % Woodley Petroleum (F W) Oct 12 47e Wood Newspaper Machine Woodall Industries Inc Woolwortli 19 % Nov 3% 2 .25 200 Aug 7% 8 -1 common. 22 f s Interest Aug 4% _ ' Wilrich Wilson 21% Aug 13 34 19 8 • Willson 8% Mar 4% _ 1 -8 Co & 17 8% __ 1927) (Plan reduced Sinking Rio Mar 23 V2 1 Sale Price Jan Xl77% 1 Oct (Republic Extl (not .10 of stamped Interest Jan 7% (Issue Parana Nov Sep Sep 4 825 12% A7s Jan 189 32 20 Last Period AMortgage Bank of Chile 6» 1931__ Mortgage Bank of Denmark 5s 1972 Jan July ia • com Jun 334 Aug 110 May 1% U Aug xl48 Interest Exchange Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 8% Mar 112 9 % 170 1.23 Maryland Ry Dec Jan 14% Aug 2% Feb % • Wentworth Western 7 1 Ve 1% • Knapp Inc series 3% Mar Sep 8 % Corp & 1 13 % Stock Low 7% 1 Baking Co warrants Wasatch 2 American High 105 30 cumulative preferred Waltham Watch Co common Ward 2 >4 Week's Friday Low 2(4 • 4 BONDS High. l $2 DECEMBER Range Since Jan. 1 100 Inc ENDED Sales w Waco WEEK for Week STOCKS 30__ 97.09 TetaJ 40 Bond* 96.90 Friday BONDS American Stock Interest Last Period Exclmug* Sale Price or Appalachian Bethlehem Boston Elec Steel Edison Chicago 3%s Power 6s revenue 1970 Jane-Dee series of N J 96 95 96 8 91 Jan-July 90 89% 90 49 84 65'4 65'4 66 14 60 57 57 1 56 95 95% 95 1993 May 3'/2s 1965 Jan-July Mar-Sepl Wafer Lt & RR 5s 1956 Ercole Marrelh Elec Mlg CoAG %s with Nov 1 1940 coupon 1953 A6%s ex Nov 1 J947 coupon 1953 5s stamped 4s ser Isarco A7s with ex mod) Vz % J947 Extended A 1st 4% due to 59 3'4s Co April-Oct to mortgage Oct Oct ex Jan-July _./u»-July 1963 3'4s 6% Harbor California A series and ref 1960 Edison 3s conv 3s series 3s 2%s series C 1981 deb 1965 series D B 1973 1976 3%% series E California Counties mortgage Southwestern Spalding Starrett Stinnes Corp Inc Stinnes 3rd 2nd 5s A6%s United A7s with A7s Aug Electric West Pen 11 Western 1 trust 46.84 Wed. Dec. 2— Thurs. Dec. Dec. 84 % 71 89% 89 34 3 101% 101% 9 95 1970 1966 53 Range 47.28 for 1952 High 49.67 Jan Low 47.29 75% 93 The SEC Index of stock 45.06 May 30 1 75% 79% 127% „, -1953- Percent Composite Durable 142% High 190.2 -(-1.2 207.0 178.4 217.0 + 1.5 235.6 202.0 — 220.2 —.— 192.1 188.8 + 1.7 210.2 172.4 —— ——— Goods 77 98 103 % 90% 100 103 Trade, 93 101 Mining 87 Goods Transportation Utility 99 ___ Nov. 20, '53 27, '53 228.9 246.0 242.9 + 1.3 259.1 204.1 201.9 + 1.1 242.0 195.0 124.3 Non-Durable 13 Low Change 192.5 Nov. 90 104 with highs and lows for the compared with the preceding week and 100): 85% 100 prices based on the closing prices of the common 1953 for composite and by major industry Nov. 27, stocks for the week ended 123.4 + 0.7 125.2 115.4 207.5 207.6 0.0 213.8 195.0 233.3 230.9 + 1.0 268.3 213.4 90 June-Dec 99% *101% 102 *99 102 89 ApriZ-Oct *91 -- — • . Finance — Service and — Transactions at the New York Stock Exchange 147 147 May-No© *91 95 70 l007/s April-Oct 1 3 100% 99% 94 *91% 44 95% 70 91 96 101% 94 2 95 95% 94 99 96 94 • 103% 104% __ 100% 100% 4 Stocki 99% 92 — *98% 100 l00'/2 149 90 70 100 *96 130% 101% 104 104 93 102 Number of Week Ended Dec. 4, 1953 *96 Feb-Aug *98 101 *88 90 *80% 92 April-Oct 97% 90% 93 . — — — 98 Share* 1,966,005 Mon. Nov. 30—_. 143 144 13 112% 1953 142 142 144 7 *91 1953 1956 1964 1960 — June-Dec $2,873,200 2,927,000 349,000 2,933,000 186,000 2,693,000 364,000 1,000 $1,000 3,059,000 8,524,793 Fri. Dec. 4 Total— $14,037,400 $1,451,000 $22,000 $1,000 $15,511,400 3,119,000 Jan. to Dec. 4 1952 1953 1952 325,251,437 8,400,185 8,524,793 shares 305,689,767 Bonds S. $149,050 $44,000 $1,000 Government Foreign Railroad 22,000 $16,000 945,000 878,000 1,451,000 1,598,600 86,196,940 73,616,590 14,037,400 19,971,000 631,801,400 633,776,100 $15,511,400 International $21,585,600 $718,987,340 $708,419,740 Bank — —— and Industrial. *92 *30 Jan-July 93 June-Deo Total 94 12 76 10 103% 103% June-Dec 1959 3,278,000 2,000 ' Week Ended Dec. 4 of 156 93 2.863,200 6,000 246,000 2,611,200 1,851,470 19 53 77 * 1,389,605 —. 88% 112 Sale l $3,192,200 $13,000 $306,000 1,740,193 Wed. Dec. 2 99 *105 97 104% 105% 112 99% 101 Transactions at the American Stock Exchange Union— debentures Bond Bondt lnt'l 157 *30 1956 1963 A Feb-Auf Government Bondt 1,577,520 Tues. Dec. 1 93 81 Total Bank Bond* Bondt 101% 83 United Statet Foreign Railroad and Mitcel. ■ U. coupon coupon Traction 5s 2 16 SEC Index of Stock Prices 59% Stocks—No. coupon Co— ser 1953 49.80 Feb 44.40 Sep " 17 April-Oct 1940 1947 for High Low 47.03 3 4 102 86 Jan-July 1940 coupon 1 1 f 82% Jan-July Water. Power 3'/2s s 2 May-No© 3'4s 1946 1947 Newspaper conv — 93 Co— 1 Corp deb 6s Washington 1 Fri. - Range 46.86 Dec. Thurs. Dec. 3__ 1989 5S coll Service Dec Dec ex Wasatch 30— Tues. 75% , — Industries— Aug ex 1970 stamped 1946 with 96.77 Quotation Bureau, Inc. Closing Nov. Corp— Hydro-Electric A6'/2s 3'4s Electric stamped (Hugo) A7-4s & 75% National Mon. 106% (Calif) — & Bros (Hugo) A7-4s Terni Gas G) (A 103 „ 92% 85% Feb-Aug Gas 1971 3s (35 Stocks) Compiled by 102% 103 Feb-Aug Gas 96.02 Over-the-Counter Industrial Stock Averages 9634 *98 Feb-Aug 1978 Southern Southern 97.00 April-Oct 19G2.Jan-July Mar-Sepf J an-July Fc\)-Aug 1976 3'/us 96 Jan-July Corp 1973 M 96.25 *30 1998 Sapphire Petroleums Ltd 5s 3%s 96.97 April-Oct 1968 coupon Power Southern 97.35 *30 *142'4 coupon I960 & Gas Co— debentures Water 97.46 96.75 Co— 1940 1 1947 1 Public Service Electric 50-year 101% Jan-July with A6'/2s 108.00 Manufacturing 1953 Hydro-Electric A6'/2s 89% May-No© Ltd— extended 1st 52.97 groups 84 1970 Piedmont I" ctfs mortgage 3s 1971 Pennsylvania Water & Power 3%s 1964 6s *52 Mar-No® 1st 1st 102 92% 1952 1963 6'4s 1953 Power 98.52 150% Trust— trust Power mortgage 6%s 1st *98 RR— Nippon Electric Safe *91% 1952 coupon coupon Realization at 283.25 96.87 *30 Jan-July England Power 3'4s 1961 Ohio ~~ ■ — June-Deo 1963 1970 liquidating Valley -- RR— 1940 1 1 3 97.45 Bank— 33/4s Western Nov Nov Power Midland New May-No© 11 *91 Mar-Sept Power & (stinpd A7s 135 *103% 105 Hydro-Electric Co— Italian A 6 Mtge 95% May-No® 1961— Mountain Guantanamo 96.84 101 Jfay-Noy Elmira Green 96.75 95.92 63 J993 B Residential 95.90 97.05 Date— A series Finland 96.80 96.86 68% series Fuel 96.85 97.55 Division— 4s & 97.45 107.95 91% *125 RR— 4s Gas 107.52 52.78 102% June-Deo 1970 1947-1978 Western 52.52 98.88 High 96% A series 107.47 98.91 282.81 Jan. 1 Low 15 101 Quar-Feb mortgage Eastern 100 >4 No. 1998 1 mortgage A 1st 101 52.33 281.10 . _ Range Sine* Sold High Authority— Delaware Lack & Lackawanna of 1st Aug 2%s Transit 3%s Bonds Friday's Low 98.86 1 2- Dec. Bid & Asked 281.37 Dec. Dec. Week's Range Feb-Aug *99% 102 Daily, Weekly and Yearly Stocki Foreign Governments and Municipalities Friday BONDS American , Slock Interest Exchange Period Last or Sale Price Friday's Bid & Asked Low „ Agricultural Mortgage Bank 20-year 7s April 1946 A20-year 7s Jan 1947 Cons No. Jan. 1 Low ApriZ-OcI Jan-July — *93% „ *93% Mortgage Bank of)— ACauca Valley 7s 1948 ; Municipal 5%s 1955 External 5s 1953 Danzig A Port External __ 92 93 93 Interest AMedellin Feb-Aug *69 — __ 68 „ 3 99% *100% 102% — 398,695 44,000 10,000 24,000 78,000 29,000 15,000 46,000 90,000 32,000 14,000 5,000 51,000 to stamped 395,065 69 2%s 2008 1951 - 100 % Stocks—No. of shares— 12 17% Domestic 43 49 nt Foreign government — *69 - $377,000 41 1952 69 -rT" 2,900,830 Jan. 1 1953 to Dec. 4 1952 93,517,541 98,148,745 $11,030,000 •.Or $225,000 $11,242,000 70,000 43,000 14,267,000 8,684,000 121,000 163.000 4,883,000 6,078,000 $377,000 $431,000 $30,392,000 $25,792,000 $186,000 43% 63% 2,338,950 Bonds 16 __ 71,000 $121,000 1953 51 *40 8,000 $70,000 Week Ended Dec. 4 Foreign corporate May -Nov June-Deo 12,000 $186,000 102% *48 __ 51,000 2,238,950 Fri. Dec. 4 *15% __ Bondt 470,505 .) Jan-July Mar-Sept Total $87,000 466,320 93 101% 101% — $38,000 Thurs. Dec. 3 Waterways— 6%s (Peru) reduced 7s June-Dec Bondt $19,000 $30,000 508,365 Corporate Bondt Bond* Sharet) Wed. Dec. 2 Total May-Nov stamped 1952 6%s stamped 1958 stamped (Plan A)— ALima City Maranhao & —T Loan— External A Mon. Nov. 30 Tues. Dec. 1 High — (See Danish Sold High Range Sine* (Col)— A Bogota Bonds Government Domettio of Week Ended Dec. i, 1953 Week's Range Foreign Foreign (Number Total : Financial Chronicle... Monday, December 7, 1953 The Commercial and OUT-OF-TOWN MARKETS RANGE WEEK FOR ENDED DECEMBER 4 Boston Stock Exchange Friday Range of Prices Sale Price Pur issued when Rights Anaconda Copper 50 — Albany RR—_—— <fc Hecla Service Cities Boston East Eastern 26% Jan 409 29 V2 Sep 45% Feb 10 120 808 46 7% Oct 7% 53 V2 41% 42% 222 3374 Sep 4374 26% 26% 110 23 Sep 30 9% Mar Sep 104 71 Oct 95 74 2374 „ — 10 674 100 23% 150 1974 Sep 2474 Mar Jan 1.50 July 75c 385 1% 1% — Jan Fuel Associates— & —10 (new) 9% 9% — 112 9 13% Nov 75c Sep Jan Oil Pure Radio Industries Roebuck Sears, —— 22% 19% 25% July 58% 58% 60 Vb 44 55% Sep 83% Jan 56 % 56% 105 50% Sep 57% Aug 10% 10 10% 42 8% Sep 11% Feb 17% 17% 18 136 17% Nov 23% 13% 13% 50 10% Jan 15% May 46% 46% 120 43% Sep 62% 21% 23% 271 21 Vb Nov 29% Jan 48% 48% 31 41 Sep 50% Aug 22 22 VB 95 20% Nov 2813 Jan 59 ¥2 59 V2 37 55% Apr 60% 32% 33 % 84 30% Sep 43% Mar 33% 337^8 111 31% Sep 37% Jan Jun 16% Feb 23% 33% 15 Vacuum Jan Oct Nov Sinclair Socony Nov 17 187 a 1.40 —* Schenley 59 5 85 * * Republic Steel Sep 54% Common 1st 574 preferred Eastern preferred series General Gillette Safety Kennecott Loew's Boston Maine Central 5% Mullins York Norbute Cos.... 2.50 Association Fruit U 45% Dec Jan 68 32% 359 58% Sep 175 10% Oct Feb x81 12 % Dec 35 104 Sep Sep 17% 148 Jan 132 39% Dec 17% Sep 11% 110 11 Jan 13 % May 18 202 16% Sep 25% 16 VB 16% 135 13% 417 « 41% 10 38% 26% 27 % 69 74 69% 5 71% 72% 257 66% 33 % 33% 168 31 % 23% 23% 25 35% 36 Ys 112 71% 71 % 25 62% Jun 38% 39 80 33% Sep 40 Sep 52% Dec 427b Dec 48% Feb May 62% Jan 8c 7c Sep 19c Jun 14% 110 210 116% Btudebaker Carbide Union Steel S 20% Jun 300 66c Jan 335 50% 52 Vb —10 42% 43 1998 58% 58% $2,712.50 51% 12.50 W)— iF 45 80% Jan Sep 78% Jan Sep 387b Jan 22 Oct 43% Feb vj: 35 % Dec 46% Feb 72% Feb 44% Jan 29 74 Mar BONDS— 4%s Trans Cinn 1.00 May 17% 1 18 % 1 503 17% Nov 23% Mar 150 85c Aug 80 1 % 6% 180 Jan 6% 390 18 Oct 21% Jan 22 40 20% Sep 28% Jan 27 800 25% Nov 37% Jan 390 11% Oct Members Dec 20% 22 6% 26 5% 55 __ 12 12% 14% 45% 47 3.191 44 % Sep 58% 36% 37 1.075 35 % Jun 41 29 235 23% Sep 12% 12 74 Sep 14 5274 1,001 39% Sep 52% Stock Exchange Midwest Stock Exchange DETROIT Building 31 % Mar 30 Ford Jan 27% American Exchange Stock Exchange Detroit Jan 36% York Stock New Apr 46% & Co. Watling, Lerchen May 20 263/4 Oct b - ... Westinghouse Woolworth 36 4 _3 Bearing Roller Timken U ——1 [— 66 5 Feb __ 5 System Inc '.~± Westinghouse Electric Corp.. Oil (Ohio) 72% 54 Dec 33% 29 Co (N J) Standard Oil 27% Feb Sep 12% 1,167 • Waldorf (Indiana) 48% July Feb 1,400 __ .5 ____ Co ... Brands Oil Sep 25% Sep Feb 50 91c — • _ Machinery common. Rubber S Dec 26 ' • Drill Twist United 92 Vb 91c 18 * —— Inc Webster United Shoe Apr 66 Standard Standard Feb * • —25 25 —10 Railway Co Southern Standard 26% Mar 13% 14% 115% 116% __ 50 —.10 2.50 Torrington Co Union Oct 26 & Hart RR—100 Haven New 13% 116% -—20 ...100 Machine Rexall Drug Inc 4— & Apr 50% 7c 1 _ Electric Folding Stone Dec Jan 11 17% 17% ——5 Corporation Shawmut Apr 21 41% 1,479 112 112 39% 39% 19% 19% — __ Pennsylvania RR Reece Nov 25 74 1771b 50 12% 11% — System England Tel & Tel New 48 92% 45"% 66% 64% — 1 Corp ; Service England New 44% Association—— 1 Racing Nash-Kelvinator New 88% — 5 Corp Manufacturing National 47% __ —100 — Chemical Narragar.sett 800 46 Oct RR— preferred Mathieson 18 — 25 Theatre 17% 89% -—_• - 14 — 1 Razor Co new Copper 34 74 Mar 110 17% * • Electric 100 20 __ 3 common.. Stores National First Inc Lines SS 1.00 42 18% — —100 —100 A adjustment 80c 42 __ 100 ... 6% 1% Nov Jan Jan —5 Southern Company Eastern Massachusetts Street Rv— 400 July 54 Y / ' • t; Corp Aug 51% 99 19% 0 — —— ' '• •' ; Sep 56% 20 Vb 33 74c Pepsi-Cola Jan 8% 82% — 13 59% 19% * ——-1 50 RR Penn Feb 8% 78% Line Air American Pan Feb 13% Mar j Oct 19% * * 100 Oil Ohio 10% 54 54 % • Cash Register—.... National Distillers —. New York Central Northern Pacific' — National 129 V2 May July 182 2/4 Nov Sep 49'% 7% __ * Co Gas Common — Co Sep _. 5 10 ... ___■ Range Copper —.— Nov 13% — . Calumet & 274 714 31% 48% ... Jan I6IV2 Jun xl52 3,540 123% 123% __ 49% Edison Boston High Low 22 12% a 561 * Ward Montgomery 8,360 2 42 x31% __ Range Since Jan. 1 16 2Ji 14"% 15% 100 ^5 Eoston & Maine new (when issued)_100 5','t preferred (when issued) 100 Boston Personal Prop Trust • Boston 156% 157% — —* Woolen American 157 Vi 100 American Tel & Tel Shares High Low High 12% * Inc Loew's High Low , for Week Range Since Jan. 1 Shares of Prices Low Par for Week ../Range Sale Price Sales Week's 1 ast STOCKS Last Sales Week's Friday STOCKS __ * ..12.50 12% 50% — 51% WOodward 2-5525 Telephone: May Dec Detroit Stock Exchange Cincinnati Stock Exchange Range for Week Sale Price of Prices Shares Low Pur American 22% 8 Baldwin Range Since Jan. 1 50 9% 300 22 y2 12 Sales for Week Shares 9 Brewing Low ——1 2% 2 15% 1 11% 11% ——1 7(4 ——3 < r.3774" IV'-.——* % .14% 7 74 37 72 2% 111/74 14 common Products —_— 4 ~ Dec 2574 Sep 19 74 May Jan Rubber Baldwin Big Markets Manufacturing Bear Briggs Paper Cln. & Elec. Gas com Cincinnati Mach 33% Dec Jun 101V2 Feb Budd Company 2 74 Jun 574 Jan Burroughs Com 1774 Jun 22 74 36 9174 July 102 74 Jan Chrysler Corp 25 10 627s 247'2 45 3574 Jan 5334 Dec Consumers Power common 3 40% 69 Nov 78 V4 Nov Continental 1 22% 695 94% 97 53% 5334 71 717% 244 Dixie 674 24.858 6% Davidson Dec Detroit & Detroit Edison Gray 20 16 Aug 10 10 14 Io Nov 1374 Mar 5 14 14 21 14 Nov 14 Nov Apr 17 Formica Gibson Ins 774 82 674 Feb 10 74 18% 3 1774 Sep 3974 13 35 Mar 3974 Nov 52% 123 48 May 54 July Federal 27% 10 Kahn 2774 100 26 Jun Magnavox ^ 30 74 Mar — ... & Randall 5 "B" S 10 44% Nov 50 4374 128 3774 Apr 443/4 Nov Gar 24 54 21 ' Printing common 30 21 Jan 25 Nov Gemmer 16% Jun 2174 Jan 1774 68 7074 20% 6 976 35 21 13% 1 Allied 28 12 July 1374 Mar Jan 23 General Great Mar Dec 28 American 67 35% 38 % 12% 12% 50 11% Sep 15% Jan King 13% 13% 116 12% Oct 15 Vb Feb Rights 141 152% Jun 161 % Jan 2 is 9, 1.645 2% Nov 2 65% Dec 2 i9e . 2i3 295 ®o Nov 76 % Aug Feb 65 % 67 31% 33 % 20 29% Sep 45% —10 33% 33% 34% 300 30 34 Sep 43 1 11% 11% 11% 50 11% Sep 160 4% 66% * —50 Mining ! Oil Ashland B 5 3 Avco i .__5 — Ball & Chrysler Cities City Service 10 . Products * ... Columbus Southern Ohio Seeley Du Power & Elec Electric Light Kresge Co —7 Federal Co Dept. Stores 10 General 38% Motors 46 % (S S) Heater Kysor i—1 10 1 320 6% 350 9% 300 9,214 1% 274 300 450 1.3'40 150 1174 12 4 4% 3'/b 224 120 3,300 20c 1,800 474 4V* 60 305 4,239 1,373 215 674 1% 4 15 600 100 420 147/8 H — — 3374 3% , ... Feb 2 Wines Screw Masco 2% 1 Lansing Stamping LaSalle — 1 Products 60 20 % Sep 25% July 50 45% Sep 57% 1174 25 1V4 25 627 7 3374 3% 1% 3374 4 190 500 1,288 320 — 22% 23% 26 22% Nov 3334 Jan Parke 35% 48 32% Sep 41 % Jan Peninsular Metal Products 64 % 353 60% Nov 95 % Jan Pfeiffer 71 Oct 95 % Mar —5 * 77% 82 133 29 108 28% Nov 12% 12% 485 12 M Dec 27 90 37% 38% GO 105% 105% 46% 45 103 42% 10 39 Motor 5 Jan Rickel 23% July 27 Dec River 33% Jun 38 % Dec Rudy 91% Jun % Jun 106 4678 100 3 74 100 374 88c 1874 3 74 88c 5 20 I8V2 300 100 (Fred 60% .. B) & (HW) 3374 374 1674 2,745 792 1,050 540 ____5? 16% 1| 6% 6% 7 2,410 !% 4% 11/8 2-157 . Brewing Raisin — 3 / Co 3274 1/ —2a" Co 4 Spring & Jan 60% Nov 9474 Sep 23% Mar Sep 27 3574 Apr 40% 774 Sep 11% Mar 5% Jan 8 Nov Feb 6% Jan 11% Mar 24 74 Jan 29% Dec 174 Sep 2% Nov 2% Dec 6% Mar Dec 16% Mar 8 Jun 12 Dec 3 Apr 4 Nov 474 Nov 10% 2% 10c Feb 7% Jan 3% Sep Mar 33c Nov 7% Mar 374 Sep 3 Vb Nov 53% Sep 6974 Feb 6% Dec 8% Jan 1% Sep 2% Mar 3% Sep 13% Oct 1774 Mar 1474 Nov 1674 Jan 9% Sep 16% Jan 22% Sep 27% Mar Jan 8 Sheller Sep 66 % Apr 9134 Dec 53% Sep 69% Nov 35% Feb 3% Dec 5% Jan 3 Oct 2 3% 2% July 27% 27% 165 25 Vb Sep —21% Jan Vinco 15% 53 14% Sep 19% Jan Wayne Radiator Corporation Screw 4% Jan Nov 3% May Feb 1.00 Mar 88c Dec 1674 Sep 3% Dec 6% Jan 3072 Jun 44 % Mar 3 Feb 4 19% Mar Dec 572 Feb 24 Sep 16% Jan Mar 7 1 Sep 1% 8% Sep Oct 21% Apr 9% May 1474 250 1374 Jun 15% Mar 14% 15% 270 13% Sep 17% Mar 15% 1274 160 IIVb Sep 147b Mar 1278 674 Sep Jan 674 520 11% 6% 474 Dec 83 Mar 1 % July 9 20 274 Jan Feb States 1% Jan 174 May 1 Manufacturing Udylite Corporation United Jan 5% 33% Jan ~14% 16% Mar 17% 20% 274 20% 1 % Scotten-Dillon Jan • For footnotes see page 45. Nov Feb 2% 13% Sep Nov International Telephone & Telegraph.* Harvester Apr 145 100 200 __ 5 i Axle Manufacturing Nov 47% 177 Mar 42 Sep 10% Oct 7% 674 Mar 2% Jan 13% 1174 Aug 28% 9 20% 2% 5 ...1 common 1 . — * International Jan Sep 10 Paper 56 159 91% 59% 41 •rj, ~ 60 2Vi 3's 3274 3% 16% Car Davis Prophet 15 ,39% Sep 10// Corporation Murray 33% Mar ' 143 39% 88% 39% 50 i _• — 2% 3% Jan 42% 5 , r General Electric — 51% 26% 12% 5 Kodak Auto-Lite 1>' ... 22 29 81 % -.5 Pont Eastman 4 14% 14*8 11% 1274 : Drug Rockwell Dayton ; 62% * Gas __ V; 15 274 V— 10 — 34% 23 71 25 25 Ohio Corp Columbia 1% — 2 Bearing Car Motor Packard 25 Pacific & 674 1 51% * Chesapeake 3% 59% __ 1 Chemical 22 100 Canadian 4% 4 Michigan Sugar common..— Co RR O 8% Nov Jan • Bethlehem Steel & 8V2 683 280 18 % Mar 5% 25 American Tobacco Co.._• Anaconda Armco Steel 4% 1* Lakes Oil & Kinsel 157% Telephone & Telegraph—100 1,031 39% May Sep 38% 1 %L57 19c __ ,5. Motors Hoover 5 157% 274 Industries Hastings Manufacturing * < 6474 24 V2 40 % 274 14 7b 22 Jan 18 10 28 Airlines Radiator — Manufacturing Wood Hudson Stores American 4 4% 2% __ 1 1 Co Goebel Brewing Dec Stocks- American 10% . 2 — Hoskins Manufacturing Unlisted 164 650 780 5?° ^01 990 May 70 Vb Jun 5974 212 13 74 * . H;*4 7% 39% 2% 111/4 14% ' * Rapid U 4734 17% 69 1% 2% 10% 12 — 1 Brewing Chemical 24% 3 Gamble Procter 1 Fawick Frankenmuth 42% 43% ... Corporation 47% —50 * * 1 preferred Kroger 555 29% 29 — —-1 Detroit Steel Corp—— Friars Lunkenheimer 29% ——-1 - Economy Baler 52 * _______— 600 4%, Aug 3% Apr. 18% Feb Jan 23% Mar 39 39% 3 ——-— Art __ 20 ..... Stove 6% 974 6% a': Navigation Iron Detroit-Michigan Divco .-Hobart Manufacturing Cleveland 7% 10 Picher 6274 24 74 3974 8% -- 1 Bros 18% 7% -—3 common Eagle 3 16 Dec Nov 1,158 * Tissue — Motors 674 Jan 3% 5 17 17 * . Cream Dow 4% 17 • (Dan) Crystal 5% 6% — . Nov — —— Paper Detroit Rights Cincinnati Transit Cohen 534 Brown-McLaren Mfg High Low 374 4 Dec 20% 53% 10 • Telephone Jun 94 74 2% 97 ICO Preferred Cincinnati Milling 26% 4 9874 22% 8.50 new 45 33 % 98% 2% 98% * ____ 75 31% —.—3 — Corp 17% 17% common Preferred 1674 Consolidated Champion Churngold 50 17% 10 3 Carey Range Since Jan. 1 High 3% 2% 15% -1 — Metal American Week's 1174 Mar May 20% Electric Altes Jan 25 Nov 20 3e * Par Allen High Low 20% 22% 1 .— I High 9% 20 20% -20 Laundry Balcrank Range of Prices Friday STOCKS Sales Last STOCKS Last Sale Price Week's Friday 1 1 474 1% 4% 174 262 230 , Nov May 4 a 1% May , Volume ITS Number 5279 The Commercial and Financial Chronicle ... (2229) OUT-OF-TOWN MARKETS RANGE Los STOCKS Week's Par Corp Allied Gold__ Chemical & Ailis-ChaiMen. American Amer (Uni Airlines Inc (Un) 1 American Cyanamid Co (Un) American (z Foreign Power (Un) American Potash & Chemical cl B American Tel &, Smelting American SS &, Tel & American Corp (Uni Anderson-Prichard Armco Si eel Armour 6z Ashland • al3% (Un)__ Avco Securities Bandiiu Petroleum Bankline Barker Oil 21I 7,917 564 65% Jan 255 36 43% 34 (Un) 34 207 100 43% 8% a98 a97 a98 310 27% 28 325 26% 5 5Va 892 5 a8% 100 3Va 3% 21% 140 450 3% Dec 20% Sep 4.50 160 2.75 2,550 11% 810 2.55 8% Feb 15 220 11% Nov 17 37% Sep 39 Jan Jun 7% 7% 800 5% 1 1 500 1 1% 50% 241 44% Sep 57 % •.' __ 11 11 345 10% Sep 3c 3c 3,000 2 8% Boeing 8% 440 (Un) 5 46% 46% 157 Corp 1 3% 3% 3% 4,158 15 a59% a57% a59% 112 Borden Company (Un) Borg-Warner Corp (Un) Broadway-Hale Stores Company Budget Finance 60c Jackson __ ______5 \ 73% conv pfd__ 73% 100 10 10 10 11% 11'% 100 __ __9 8% :__1 11 Co 2c Sep July 7% 5c Sep Northern 9 Oceanic Canada Packing Co Southern Oils. Canadian Jan 5 54% May 66% Sep 57 80 Va Ohio Nov Apr 9% Sep 11 Pacific Carrier Corp 8% 8% 200 11 11% 504 50 17% Oct 21% Oct 26% 8% Aug 10% Oct 10% Tractor 391 22 232 10 40% July 14% Sep 42 34 205 123 46 Sep a20% a20% 165 20 Oct 33 % Sep 15 * (Un> (Un) Consolidated Edison Edison (Un) Engineering Can ,-20 ——1 (Un)__ (Un) .5 ___5 •_*. Curtis Publishing Co (Un) Curtiss-Wrlght Corp com (Un)____ A (Un) 1 5 Industries DuMont (Allen duPont (E I) Eastern Paso de Labs class Erie 5 1 Co___ Natural Gas (Un) Electrical 10 3 > Exeter Products Oil ___* Co 1 Flying Tiger 1 Line (Un) 10 480 12 103 33% 12% Sep 22 % Feb 40'/8 red 12% Nov Apr 61 Nov 94% Mar 22 75 Sep 3,754 5 Jan a27% a27% 40 23% 40 16% 12% a37 801 10 a37 33 a42% a42% 50 12 Apr Sep 12% 16% Apr 41% 11 Oct 121 14% Aug 16 52% 57% 8 Sep a53 a56 72 54 Nov 58% 499 27% Jun 35 Dec 7% 35 7% 325 8 8% 535 a24% a24% 50 5% 7 25% 9% Oct Oct 75% a24% __ __ 63 Jan 600 4 Mar 35 Sep 10% 535 8% 150 91% 1.00 14% Nov Nov 16% 6% 7% 19% 20% 257 15c 16c 3,000 4% 5% 5,540 19% 20% 1,770 a22% a22% 58% 59 355 54 13 4% 20 a22 % Gair Co (Un) (Robert) Corp General 1 Electric Co (Un) General Foods Corp (Un) General Motors Corp General Telephone Gladding, McBean Co Glidden 24% Feb Solar 11% Jan Southern 19% 9% Sep Oct a__ Goodrich (B F) Tire Co Great Corp Oil Northern Greyhound Grumman (Un) RR a__ — Signal " & 24% (Un) Sep Aircraft „ Gulf Mobile & Ohio Oil Oil pfd (Un) (Uni—__ (Un) 4.48% Apr 4,56% preferred 4.88% Co class A Hotels Corp Holly Development Jan 14% Oct 10% Jan 39% Feb Honolulu Oil Corp ___; Hudson Motor Car Hunt Foods Illinois Imperial Intercoast Interlake RR Petroleum. 9 100 25c 10c (Un/ see Sep 32% 89 Va 68% Sep 52% Feb 54 page 45. • 28% 55 Mar Southern Feb 24% 26 Sperry 1,400 Brands Oil Inc 17% Oil Co of Sep 69% Mar Oct 43 Mar 60 Mar a48 3% 500 4% 5 1,320 24% 1,563 —— 9% Ltd __ Corp Oct 26 Dec Stone 77 Dec Studebaker Corporation 58 Mar 1% Sep 1% Aug 48% Sep 12% 2% Mar 2% Mar 58 Nov a21% a22 75 29% 220 19% July 27% Sep 26 % 29% a44% a45% 178 43% Sep 48 805 20% 6,418 19% Feb 35% Mar Nov 148 15% Jan 1.05 1.25 2,600 1.00 49 50% 11% 11% 155 9% 14% 15 4,476 13% a76% a77% 400 60 3c 3c 25,000 1.10 1.15 1,000 al5al5% 28 28% 49 I 71% Aug ;28% Mar 19 Sep 1.75 & Webster Swift & Co Nov Textron 192 14 305 20% a3 50 2% Nov — 41% 905 16% 5% 704 40% Dec 25 425 23 75c 80c 1,100 72 %c Oct 51% 53% 437 44% Sep 195 15 15 Va 550 Nov Jan World Transamerica a38% a38% (Un) 28% Jan 1.50 Jan 33% Jan Jt— Jan — «.«.«• 16% Mar 32% Sep Sep 33% Jan 18% 23 a21% a22 Va 125 Apr 20% Sep 27% 22 Jun 25 67% Sep 60% 24% -- 23% 24% 1,721 a61% a61% 728 8 — 8 145 Oil Truax-Traer Jan Twentieth 33% 15 a34% — Union Oil Oct Union 125 14% Sep 18% Mar United 606 25% Sep 33 Jan United :0£ Co Coal Air of Lines Aircraft -- 14% Mar 38 32% 33% 692 30% Sep 42 a34% a35% 269 31 36% Mar 63% Apr 76% 19 Nov 22% ' Sep 16% 150 38 2,377 33% Jun 24% 25 341 22% Jun 16% Nov 32 267 28% Jun 40 32% Sep a26% a26% 31% 8% 8% 45 31% 152 9 975 ♦ Aug Nov Mar 20% Mar 39% Mar . 26% 33 Feb Mar 33% Nov 26% July 28 Jan 30 33 Mar Jun 7% Oct 13% Jan 16 310 13% Jun 16% Jan a37% a38% 430 37% Nov 49% Mar 40% Sep 47% July 44% Oct 16 a38% a42 a42 12 a46% a47% 120 36% Sep 9 a26% a27% 175 26 V4 Sep 29% Mar 52 53% 904 49% Sep 59% Jan 25 a71 a71 25 69% Nov 72% Jun Sep Sep 75% Jan 38 Feb 15 72% 72% 300 68 10 33% 33% 160 31 5 10% 10% 150 a21% a22 % 9 95 10% Jun 11% July 27% Jan 1 17 mmmm 21 Nov 23 1 23 445 21% Oct 16 17 1,123 15 V* Sep 21% Mar a41% a41% 85 35 % Jan 40% Nov Jan 32 ' 32 301 a55% a54% a55% 87 * a85 a84% a85% 7.50 - 185 43 Feb 29% Sep 37% 50% Sep 57% Aug 85 Oct 102 Feb 12 Mar 27 Mar 7 7 775 7 10 21 21 200 20 Sep 13% Nov 19Va Mar 5 al4% 27% (Un) (Un) al4 al4% 61 Dec 26% 27% 2,027 —1 6% 6% 250 23% Sep 29% Mar 1 16% 16% 100 13% Sep 17% 4% 4% 4% 1 (Un) FeD 4,991 32 al6% al6% 19% 1 C?arbon (Un) • Calif common—1—25 RR an Mar a76 a34 % a34% 25 —25 2 — Com Century-Fox Film Pacific . —50c (Un) Airlines Union Carbide & Mar Oct Nov 20% 16% r—— 4c 38% 19% 37% 25 Warrants 1.45 7 Jan a74% 20 25 Products Co Tri-Continental Corp (Un) Feb 83% Mar Apr July 24% 25 Treesweet Aug U Mar 6% 47 385 common _'. Assoc 15% Jan 52% Mar 27 Sep 12' Jan Nov 4% May Feb 41% 19% 26% Sep Sep 688 al97/a a20% 75c 53% 250 24 6% 40% __ 49 22% 24% 41% 14% Mar Sep Sep 407 (Un) (Un) Inc Tidewater 19% Nov (Un) (Un) Texas Gulf Sulphur (Un) 54 % Sep Inc Sylvania Electric Prod Nov 2c Sep 14% 22% • Texas Company Sep 1.00 8% 14% 49 9 Sunray Oil Corporation Trans 19% al8% al9% Jan 22% Feb 13% Jan Dec —1 (Un)— Jun 90 Jan 5 29 6% 24 com__25 (Un) Sep 70 4% Nov a3 — 22% * (Un) (Ohio) 65 a48% a49% Oct 3% 300 — (Un) (Un) 44% al3% al4% 2% 2iy4 Nov 25% Calif 158 50 3c 49 20% (U11) 165 100 __ 56 Sep A——_5 Railway (Un) Corp (Un) Standard 77 al a76% 35% 25% Southern Nov July a54 1% __ Dec 37% a20% 9 77 al 50% 28% 20 % Pacific a52% 1% ■> Harvester For footnotes 20 23% __ __ International 18% May 155 __ 6% (Un)_J. Development Iron 100 a27 Stanley Warner 12% Inc Central 19% 35% Mar 19% 171 22% 9% 25 Oct al9% 265 28% 5 Southern Calif Gas 6% pfd class A—25 Southern Calif Petroleum 2 Southern Company (Un)_. 5 28% 1 Feb Jan 32% Dec 5% 215 1 Oct 42% 32% 44 ——9 — 28% 5 Hilton 34% 28% July 30% Sep 3 Va 5 —— Standard __ Apr 15 328 1.40 class _. 21% Mar a45 15% ——• preferred 9% 495 preferred Jan _9 Jan 253 —-1 17 25 11 a42% a43% —25 220 __ Jan 651 5 Co 20% al4% 23% 14 23% 1 20 % • Nov a45% 1 Standard 1 42% 9 Standard Oil (Indiana) Standard Oil Co (N J) 3 (Un) 17% 3% 1 Edison Jan 446 July 203 a53% a55% _ 5 preferred 1.70 6 30 % Mar 71 18 Va — a I Co Calif 4.32% 22% 14% Jan 13% ■ ■ class B—10 Sinclair Oil Corp Socony-Vacuum Oil Co Inc Oct 13% 6% 11% Mar 28% 5 (Un) a— a33% a33% 13% 50c Co 13% Mar 67% Mar 1 Jan 100 Sep 180 1 new 17% 726 7% 200 15 Gas 62%c 801 Dec 200 9 (Un) Oil 13,100 89% Nov 34'/a 27% 1 Co 1.20 a59% a60% 60% 60% 65 Nov 18 Va | Incorporated 70c Oct Jun 32% 27% 9 Francisco Ry 172 34% Jan 60 1,459 a77% a80% 12.50 (Un) Axle Feb __ 391 27 Sep (Un) (Un) Dec a52% 65 27% Mar Jun 8% i—2.50 69% • Feb May May 24% 820 I Co 45 10 30% 26 10% 9 Jan __9 28 100 9% 50c Sep 1 (Un) Corp Gulf Hancock com (Uni— Chem & Aircraft Ccrp 1 Rubber Ac Graham-Paige 363 Oct 1 35 __ Dec 4 33V3C 1U11) 1,739 __ Dec Feb 1 45 9 8% 29% 39% a__ 80% May Jun 50 33V3c , 3.75 55% Mar 25% July 34% Jun • 1,250 a Jan 18% Mar Apr 6% Oct 83 Va July 4% 1 ; 45 ____» 2.50 a8% 3 10 ; Jun 51% 646 1,098 34% 8% 6% Sep July 4 9 & 17% 19% 20% Mar 22% Mar 280 65 8% Jan Mar 20 Va 60 a8% (Un) 17% 185 20c 2,900 34 34 Apr 25% Sep 15% Spe 40 9 Shell Oil Co Jan 89 % __ 60 Va 3% 27% „ 50 (Un) 20 (Un) Co Goodyear Great Lakes _5 3 a55% a55% 3% 7% Nov Jun 1.90 211 29% (Un) Finance Inc 36% a28% 9 * common (Un) Golden State __ 2 , 16% Jan 19 1 Sears Roebuck & Company Servel Oct a38% a39% 4% 30% Mar 10c 35 16% — Garrett 2,429 27% Paper Seaboard Nov 5% __ Regis Jan 40 7% Sep 9 Co(Un,l_ Schenley Industries (Un) Jan 105 % Apr Spring Louis San 47% 340 Jan 9 Gas Jan Jan 29% (Un) Inc Mar 22% a26% a26% Oil St 27 10 1,125 39%. (U11) &z St 24'/a July al7% al7% 24% Mar 28% (U11) Safeway Stores 42% July 31% Sep 10 __ Sep 200 Dec < 20 60 17 17% 28% Aeronautical 392 a21 42% 39% (Un) Manufacturing 46%'.46% . 65 Nov 1 America Steel Oil a24% a24% a21 al7% 18% al06al08V4 1,200 Sep 30% 10 (Un) Pictures Ranch Ryan 36% Aug 24% Jan 35% 54% 50 8% Co Richfield Oil Corp 7% Aug 55 35% 386 4 % 22% (U11) (U11) Corp of Rockwell Oct 170 6% 440 30% Mar Oct 6% 9% __ Rice Feb 27 Theatres Rheem 25% May a79a80% 19% Jun Sep ,_9 pfd (Un) Rexall Drugs Inc Reynolds (R J) Tob 8% Mar Sep Oct 24% Oct a37% a38% 19% 28 Oct (Un) Pictures Reserve Apr 34%. — 28% Mar 70 22% 10 Corp (U11) Co Republic 11% Mar — Sep 17 25 Incorporated Oil Republic Mar Sep 300 __ 18 3% Aug 19% 25 com Dodge Corp Remington Rand Republic Aviation 15%. Jan 1,530 115 825 8% __t Co 40% Mar 20 25 Raytheon Manufacturing Co Nov 12% a25% a26% a— Jun 110 10 25 Car (Chas) Radio Nov Jun 250 a25% 35 4% 100 10 World RKO 21% May 37 35% al2% al3% — a__ 22 % Mar a21 1 . Pictures RKO Jan 8% — 50 20 Dec July 19% 10 common Oil Motor Pullman 25% Mar 15 56% — Sep 1.75 a26 a26% 100 pfd class A American Pure Apr 8% — 18 Feb 40 Feb 100 a21 Phillips Petroleum 20% Mar Dec Sep 34 7% 56% — 70c 10 Elec 18 38 % 19% 1 Western Pliilco 44% Aug 93 % Feb 6% 12% 20% 12% July Oct 306 2,300 a21 (Un) preferred Plielps 20% Mar 42% al7% al7% 619 40 1.25 9 (Un) Indemnity Lighting new Pfizer Feb 50 6% 16% 17% 1 Penney (J C) Co (Un) Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) % Mar 200 a78% a81% 28% July a56 a56% 9 & Paramount Jan 12% 655 14% Mar Jan 19% (Un) preferred Packard Jan a44% a44% a62% a64% Oct 25% 1 (Un) Petroleums Pan Aug — 1 Machinery & Chemical 12% 33 — 4 ——5 (Uni Fitzsimmons Stores Food 1 5 Mfg Co—i.—, Railroad — 10c Kodak Electric Bond & Share (Un Emsco A (Un) Nemours Lines (Un)_____ Air Eastman _50c Bt — 9 — Calif Chemical Dresser El 1 10 Douglas Aircraft Douglas Oil Co of Dow 1 ___1 Deere & Co — 1% Motors (Un) Continental Oil Co (Deli 12% Sep a34% a34% al7% al7% — 9 _—50c Continental Class 12% 25 Y N Grocers Zellerbach al7% * _9 (Un) of Consolidated Crown __ 9 (Un) (Un) Consolidated Continental — 6% 1 . Iron System Solvents Commonwealth a62% 1 & Gas Commercial ;• 10 Inc Fuel Columbia — 25 Multiplier Colorado — a34% 10% 63 Nov a32% a32% a56 1 Pacific 62 % Mar 9 1 RR Pacilic Feb al6al6% 49% 49% 25 1,560 Mar a30% a30% lo ,_ Finance 5% 6% Mar 23% 13 Feb 38 5 Co Gas 4.80% 12% Mar Sep a45% a46% .; __ Foods Sep 3% al6 .100 Chrysler Corp Clinton 6 300 a46% (Un) Preferred Clary 200 4 4 Chesapeake & Ohio Ry Co (Un) Chicago Milw & St Paul (Un) com__ Service 9% 9% 4 10 Celanese Corp (Un) Certain-teed Products Cities 3,050 23% 29% 4% 5 Clay Products Pacific 23% Mar 23% 9% : (Un) Sep Apr 19% 9 Aircraft Co 5%'/* Jan 23 % (Un)_ 1.00 19% al7% al7% a38% a38% 4% 1 Pacific Feb 16% 2 (Un) (J I) Co Caterpillar 1 Co Dec 29 % 889 20% 3 Co Pacific Apr 16%.Mar 25 Oil Ry 67% 725 40 5 (Un) Jan Apr 5,125 1 Pacific Oil Pacific 10% Sep 23% -- Inc 59% 10% Jan Mar 12% Atlantic Canadian Case 5 ; Co Central RR Oil Pacific California & 8% 80% Feb 29% 1.15P 9 North Amer Aviation Inc North American Co (Un) 48% Oct al8% al8% 10 (Un) Feb 5% Mar 60% Aug 37% Sep 31% 16% 1.25 _1 Co (Un) 48% Nov 380 80c Jan 12% 10 Corp Oil 538 9% May Nov 2% 310 42% 42% 85 66 Mar 38% July 3% Jun 1,085 __9 (Uni Burlington Mills Corp (Un) Byron York Northrop 10c Budd Power 150 a2% Jan 24 29 Oct a25% a26% __ 5 (Un) Norm 13% Mar Sep (Un) 19% Sep 22% 31 16%c Utilities Ward New Jan 11 1 8% Inc (Un)__ Development Nordon Jan 50% __ Co a42 2% * 1 Rational Theatres (Un) Mar 100 40 49 26% 1 National Gypsum (Un) National Supply (Un) Mar 12% 37% 278 5 i (Un) National Distillers (Un) Apr 12% (Un)_. Nasli-Kelvlnator 3% 21% 12% 67 %c 80c lo Co Petroleum Motorola Inc Apr 29% Mar Oct 21% (Un) Montgomery 11% Mar 37% 50c Mining Oil Nov „ 10 200 2 Airplane Oct Nov 9 1 Chemical Montana 7% 39% 42% 9 Corp L) Montana-Dakota 16% Apr 96% May 33% Jan 8% Feb 888 66 10c Mississippi River Fuel Monogram Pictures Jan Apr — __ __50 Chiea Sep Sep Apr 42% 11% Jan 19% Jan 7 Co Merchants Mission 55 Sep a — 9 (P) Co & Jun Jun 13% a40%> — .—2.50 (Un)_ (Un) Aircraft (Glenn Merck 40 83 1,030 8% 9 Co Mathieson Jan Sep 2.60 2.70 55 Land Co Lorillard Oct a54 15% a24% a25% a25% 1 Inc Martin Aug 44% Aug 25% Mar 44% Oil Loew's 77 % 8% 10% __ 1 a8% 11% 88 ftf 1 39% 1 High 21% 1 (Un) Low 125 8% 10 Corp Petroleum Lockheed Nov Sep Sep Lion Jan 2 County Lincoln Jan Oct Dec 31% (Un) Motors Range Since Jan. High 14% 15% 50 Libby, McNeill & Libby Feb % Sep 29% Sep 118 __ 43 14% 238 lc 15% 160% Oct 100 al6 Blue Diamond Corp Bolsa Oct a67 3 ___ Mammoth 2& 49 Sep Sep 12% 232 Bishop Oil Co Black 25% 153% 169 9% Co Corp 475 1,533 — 1 Steei Nov __ 13 Benguet Cons Mining (Un) Betmenem 35 11% common Co Jun 30 9 Co Bros Oil 100 _50 Preferred Basm 35 43% __ Kern Aug % Mar 11% (Uni Baltimore & Ohio RR 10 11% (Un) Kaiser Dec Sep a36 a37% — 5 (Un) 15% Sep Sep 8% a31% a3l% -10 Hamilton 13 44% (Un) Preferred Jan 93 __l (Un) 15% Shares a54 • Kaiser Alum & Chem common 272 al6 al6 __10 (Un) Jan a9 2% __ * Manufacturing Corp Baldwin-Lima Baldwin ___25 Refining (Un)__ Apr Jan 3% Sep a64% a655/a (Un>___50 (Un) Atchison 'l'opeka &. SF Atlantic Refining (Un) 11 % 200 157% 157% •__ 10 (111) & 350 15% (Un) 33%c 74% Sep for Week a36 % a36% __ 7% Corp Co 58 Sep Oct al3% al3% 28% 28 % __ 100 (U11) Co Oil 12'/4 Oil Sales Range Low 9 Jones & Laughlin Steel 35 <Un)_9 __: Oil 64% 41 % International Tel & Tel Intex Jan a8% __ 25 Viscose 30 353 a49% a50y8 __ * (U11) Copper Mining Co 44% 32% (U11) International Paper Co (Un) High Nov Nickel Kemiecott Copper __ Anaconca %Vs 0 Tobacco American Woolen 70 15% Rights American a2% 12% __ 10 (Un) Refining Co 20% 44% __ 1 Radiator Loio 33 Theatres Common American 44% International Range Since Jan. 1 High a74% a74% __ 9 Week's of Prices Last Per Shares a2 9 iUn> Broadcasting-Paramount Friday a21 " 4 Sale Price a20% __ 10 Dye DECEMBER STOCKS for Week of Prices Low 1 Juneau ENDED Sales Range Last Sale Price Alaska WEEK Angeles Stock Exchange Friday Admiral FOR 5 20 a71% a71% ■jt.. 0; 300 50 1,860 10 3% a— 13% Jan Oct — Jan 63 July 40 1,658 37 Vn Jun alll%all2% 100 100% Jun 39% " 50 10 19% 5 a22% a23% 70 a42% a43% 137 6% 4 Va a__ 20 72 Dec Jan Dec — Dec Jan 44% Aug 113 Mar 22 Nov 31% Mar 35% Apr 43 Nov 37 Commercial and Financial Chronicle The Monday, December 7, 1953 ... OUT-OF-TOWN MARKETS RANGE Week'® Stock Exchange (Cont.) Los Angeles United U Rubber S Corp Sleel States United (Un) Co 39 Union Telegraph Elec Westinghouse ^12% — 1 • (Un) — Tube lUn) __ Sep 44 41 Jan 58 Nov 10% Jan 13% July 15% Apr 11% 50 Nov (Un> Corp Utilities (Un) General Telephone Corp _— Gibson Refrigerator Co—— Public Co (The) Gillette (Un) Glldden Co Goldblatt 46% Aug Goodyear Tire & Rubber 40% Sep 51% 160 7% Sep 43% Dec 10 July 46% Mar Gossard 215 8% 43% 12% Mar Jan Sep Dec Sep 35 30 Jun Hall preferred non-cum Friday Last Low Par Laboratories Abbott Admiral Ball Aetna Castings Roller & 8% — 8% 50 7'% 25o 7% 5 39^ 6fcp *28 U°k *1? Z °ep 300 7% 5 Bearing Aluminum Advanced 22 8 600 ' Affiliated Alleghany Corp . ... • Chalmers • Mfg Can 44% 1 Co 12% 50 50% American & Stand Rad American Tel <fc Tel 23 23 23 13% * 13% 100 Co _ 157% 13% 1,200 3,700 152% Jun 7,100 2■& Nov 200 65% fiv8 to-,f °ep 2M 2% 2% 300 ? „ rw 8 oc 157% 157% 23 7 — — (Un) San 100 ce£ inn oa3/ O American Machine & Foundry American w v 23 —1 Co (111) Investment i,4 Inu a oi / ici/ a 400 „ iHiv tin 4 co f},/ lo.' H !eP 200 ' 10 American Cyanamid Co. T„in rPl u 900 39 % t,uv ^ep 001/ 1,200 45% 44% 12 12.50 ' oov S/ S in3/Sir 10% Mar Sep 300 1,750 39% 12% (Un) Airlines American American 3% 26 26 7% 267 s 3% 3% 1 (Um Laboratories Allied Allis 1 Equipment Gas Tpfn 1K3/ .L5;; 161% Ton Jan 2fa Nov 66 A Class Steel Com Armour (111) Co & Refining Sep 600 31% Sep 8% Sep 9% 9% 9% 1,700 1 • 50 1 10 Co Automatic Washer Co 29% 5 preferred Atchison Topeka & Santa Fe Athey Products Corp 2nd convertible Atlantic 34 11% 11% 11% 2,700 11% 22% 23 500 22% Nov 9% 28% 600 26% Sep 3% 4% 3,200 3% Sep Alum City 4% 5% 3,300 4% Dec 3% Sep Chemical Power Drug Leath & Mfg 3 Corp Bearings Aviation Bendix Steel Bethlehem Binks Fisheries Borg Corp Corp W) (George Borg-Warner Corp Brach Brad Sons & J) Light & 200 Gas Co & Co 19% Apr Butler 4 (Uni Pacific Canadian 7 9% 18 % Oil Celanese Cenco Gas Corp Martin Aug (Glenn Medusa Portland Metropolitan 66% Feb L) Brick Central Illinois Central 1,500 50% 51% 800 16% 17% 200 12% 1,100 il% Jun 20'% 150 17% Apr 7334 200 66 Sep 51% 200 46% Sep July 2% 200 11% 300 10% Nov Nov Sep 2% 11 — 2 400 13% 350 15% 13% 13% 700 11% Sep 11 'A 111 500 22 Sep 1 % 1% 200 1 Sep • 1 50c 20% 20 % 300 19% Oct 3% 3% 100 3% Oct 2% 2% 500 2 Nov 3% May 300 18% Jun 23% Dec 1,800 Chicago $3 Corp 23% 22% 23 V8 10 19% 19% 20 17% Jun common— 1 25 5() 31/2 Sep 34% 34% 35 1,200 32% Sep 19 19 100 17% Jun Rock 59% 59% 50 59% Aug preferred Island 12% 300 11% Nov 65% * Pacific & 65% 200 61 Sep 20% Mar 4% Feb 41% Feb 21% Mar 63% Feb 22 Jan 76% July xll% 11% 800 11 Oct 12 3% 3% 1 common convertible 23 5 • Chicago Milw St Paul & Pac com Chicago 23% Service Corp 33% Jan 2% Jan 26% Aug 5% Mar 23% 1 -25 —_ Public Secur Jan 12 12 Ry__*' 11% —12.50 South Bend RR Nov Hart Inc Chrysler Cities Co 4% % 1 Electric Foods Clinton Coleman Inc : Commonwealth Edison convertible $1.32 _ Power common preferred Crane & du Pont 1,200 22% Jan 150 25% Jan 12% Dec 15 37% 36% 37% 9,200 32% Jun 37% 800 32% Jun 39% 40% 700 35% Apr X8% 8% 200 7% Sep 37% 37% 40% 11% 28 % 28% 30o 25% 28% 29 7 Sep Sep 8% 200 25% 26% 400 9% 100 7% Feb 20 29% 29 29% 400 25% Jun :_10 prior preferred Minneapolis Brewing Minnesota , 11% 11 11 % 250 8% Sep 5% 5% 200 5% Aug 37% 38% 1 900 33% Jun 9% 10% 1.50o 8% Nov 107 % 600 91% Jun 9% 1 5 Laboratories Inc (Alan B) Apr 9% Feb 34 23% Sep 30 Jan 11% Mar 29% Dec 12 Jan 6% Mar 43% Jan Modine Mfg Monroe Chemical Co Motorola 10% 106 5 17% Jan 107% Dec Eastman Kodak Co (Un) 10 Eddy, Paper Corp Electric Controller & Mfg Emerson Radio & Phono 46 120 * 5 (Un) 47% 46 120 36 36% 10% 36 5 11 500 41% Jun 47% Dec Jan Jan 13% Feb 6 117 Aug 140 1,700 32 Aug 39 10% Dec 200 Muskegon Mills of America Four-Wheel Drive Gamble-Skogmo 1 Inc Auto Inc Transportation General Corp General Box Electric Finance Co 16 % Corp common—,, 13% 400 14% Sep 5 5 100 4 Oct lo, 5 9 9 J ,050 6% 6% 37 2.50 2% • 90% 1 16% Mar 2%. > 89 9% 9 Jan Oct 12% 6% Sep 38% 500 31% Oct 2% 2.500 2% Oct 1.100 67% Apr 100 8% Sep 8% Apr 38% Dec 2% Apr 91 Dec 11% Mar 9% 91 Apr A Corp Sep 50% Mar 10 4,200 16% Jan 18% Sep 16'A Oct 41% 2% 150 850 450 950 300 800 10% 3,950 300 250 500 400 4% 22 17% 23% 9% 17% Aug Nov 20% July Nov 11% Jan 41% Dec 2% Sep 8% 5% Mar Oct Sep 86% 14% Jan 24 % Mar 36% Sep 48 26% Jun 32% Mar 24% Sep 33 Jan 38% Jan 900 1,300 100 200 1,100 600 28 29% 5 21% 400 450 700 25 200 31% 300 19 100 400 400 600 900 400 600 200 2,100 100 250 400 1,100 200 11 17% 9% 31 % 4 41 23% 16% 60 6% 10% Sep 9% Nov Sep 53% Nov Jan 40% Feb 13% Sep 20% Jan 9% Sep 10% Jan 27 % Jun 31% Mar Dec Sep 24 % 22% Nov 30 26 % Jun 31% 17 % Sep 20% Mar Dec 13% Jan Sep 21% Apr Feb 2% Nov 5% Feb 2% Sep 4% Mar 8 % Jun 8 Oct 20% Feb Sep 92% Apr 29 Sep 38% Mar 2% Jan Jun 18 % Mar 44 % l 25% Mar Jan 60 5% Jan 17'A 19% — 19% — — 11% 59% 13% 41% Dec 10% Sep 59 Jun 41 Mar Nov 39% Jan 27% 3% Aug 65 Apr 30% Nov 42% Jan Apr 29 Jun • 1 • * • 5 Co Corp (Un) 17% 750 38 % 38% 500 27% .——3 (Un) 27% 27% 500 3% 3% 9% 4% 10% 27% 13% 13% 18 3% 11% 18% 3,200 1,100 200 100 200 100 800 800 1,700 100 1,700 2,900 200 — __ __ — 18 „ 18 — 13% 33% — — — — Tobacco class B Richman Bros Co 3 5 __ __ — 10 • Paper 25% 5 12 1,300 300 600 200 300 Co Industries (Un)__ Schwitzer-Cummins Co Sears Roebuck & Co Paper Signode Steel Strapping Co 5 1.40 ~1 • 1 Oct 17 30% Sep 26 Oct 13% __ __ 16% 34% Mar 5% Jan Jan Sep 20% Mar Sep 23% Jun 23 V8 Mar 18% 19% Feb ; 10 % Oct 12 53% Sep 70 12 Jun 14% Mar: 1< 37% Jun 43 % Feb 15% Sep 18% Feb 34% Jun 23% Jun 39% Jan 27% Mar July % July 6% : Jan 3% Dec 8% Sep 11% Mar 25% Oct 29% Mar 12% Jun 14% Aug 12% Jun 15 17% Oct 23% Jan 1 Aug 5"%. Jan 3 Oct 11 Oct 18 Jan 17% Nov 23% Jan 131 10% ' ; Oct 147% Mar Jan 15% May ' j 26% July 34% Oct 29% Sep 42% Feb 28% Dec 36% Jan ' 48% Sep 69 Mar • 8% Sep 11% May ; Jun 36% Apr! 35% Sep 43 % Jan 42% Sep 62% Jan 29% 25% Aug 900 3,700 700 4% 5% 900 9% 14% 48 6% 9% 14% 48% 6% 1.000 40% 25% 41 % 8% 500 500 450 100 13% 13% 2.400 12% Jun 20% 22 20% 22 15% 62% 500 300 150 1.000 950 17% Sep 20% Sep 15 Sep 16% Jan Nov 15% 24% 15% 59% 16% 17% 19% Aug 38 25% 29% 26% t Feb Nov 1 21% " 3 300 700 25% Sep 3 28% 3 8% Mar 19 8% „ 5% 50c 100 56 9% 9% 35 35% 43% 43% 45% 48% 55 1 • 2.50 28% 28% 55% 24% Raytheon Manufacturing Co Remington Rand (Un) — Republic Steel Corp (Un) Rexall Drug (Un) 27% 13% 13% 18 3 11 18 135 135 13% 13% 33'A 33% 32% 33% — —• —:_1 - Sep 38% 10 26 15% 16% 6% Mar Sep Sep __ Jan Dec 53% 16% 1,000 Dec 6% Nov 200 700 900 500 100 400 200 500 2,600 15% 34% 6% 1,100 800 100 Feb Jan 4 43% 1,650 17 17% 19% 19% x37% x37% 30% 31 3% 3% 19% 20% 19% 20% 18% 18% 22% 22% 11% 11 [A 59% 60% 13% 14 41 41% Feb 27% 1,000 18 Dec 11% 28 17% Dec 6% Jan 8% 500 18 Dec Sep 12 % 300 16 Apr 41 22% 50 6% 4% 35% July 32% 6% Apr 17 66 30% — Jan 19% Mar 10% 58% 37% 28% 3% 55% — 9% Feb Aug 17% Aug 56% Dec 80% 9 - Jan Mar Sep 61 500 1,300 400 300 300 50 700 __ Mar 7 4% 19 % 15% 6% 59 38% 28% 3% 56% __ 12% Mar 33% 14 6% 6% 58% Jan 49 1,100 500 100 10% Aug Feb 66% 31% 10% 53% 39% 15% 10% 18% 83% Feb 23 % Jan 39 2,100 9% 19% Jan Nov 22 Dec 8 % 28V4 11% 21% 66 3% 2% 9% 23 15 -8 Radio Corp of America (Uni RKO Pictures Corp (Uni St Regis Schenley 4% Jun 1 Pullman Company (Un)—, Pure Oil Co (Un) Raisin 41% Sep 1 5 5 Phillips Petroleum Co Pressed Steel Car Co Public Service Co of Indiana J) Dec 19% Mar 2% Packard Motor Car (Uni • Pan American World Airways (Un>__1 Paramount Pictures (Unt ;„l Parker Pen class A 2 Class B 2 Patterson-Sargent Co, * Peabody Coal Cp comrnon 5 5% conv prior preferred 25 Pennsylvania RR — — ._50 Peoples Gas Light & Coke .-—100 Pepsi-Cola Co (Un) 33%c Pfizer (Charles) & Co 1 Phelps Dodge Corp (Unt 12.50 (R Mar 14 Oct 23% 5 (Un) Oklahoma Gas & Electric Theatres 19 Jan 15 600 50c Co Oats 17% Jan 12% 3,050 —— Oak Manufacturing Co River Feb 15% 3% National Standard Co 10 National Tile & Mfg 1 New York Central RR )Un)_ 1 North American Aviation (Un) 1 North American Car Corp 10 North American Co (Urn 10 Northern Illinois Corp * Northern Pacific Ry 100 Northern States Power (Minn) coin 5 Northwest Bancorporation • Corp 1,050 400 Specialities— class National Cylinder Gas — National Distillers Products— National Lead Co Edison 15% 45 27% • Co Company Kelvinator 50 400 700 2% 3 Motor 90% I6V4 14 90 Jan 9 200 91 Oct Jan 18% 2% 27% St Louis Public Service A common 5 1 (Un) 16% _._5 5 Gen American General & Ward Convertible Reynolds Falstaff Brewing Corp 20% Nov 3 __ " common Inc Muter RKO Flour - Co Montgomery Quaker — 10c de Nemours (Un) Jan Dec Dec Nov Mar 850 Sep 1% 28 Co Mining & Mfg Mississippi River Fuel Philco 5 Corp "A" (E I) 28 % 25% (Un) Co Finance Mont Class 27% x8 % Dow Chemical Co— Du 74 49% July LlO Dodge Manufacturing Corp Domestic 100 300 1 (Un) Company Edison Nov 74 53% 8,200 l Detroit & Cleveland Nav Detroit Sep 36% 25 Curtiss-Wright Corp Deere 16% 12% 40% *> Company 1,100 110% Apr 96% Jan 95% Jan 22% Jan 84 Mar 53% Dec 28% Oct 29% Mar 12% 25 Continental Motors Corp 19 x27% * 25 Co Nov 69% July 12% 27% —1 <Uni_ 60% 300 74 * 5 Gas System Consumers Co Inc Co Columbia Ilium Jan 800 82% 53% 100 preferred Cleveland 100% 64% 18% 63 10 Cleveland Cliff's Iron common 78 62% 79% 104% 104% • 25 Corp Service 14% Julv 18% 10 _1 • 10 ♦ common $1 Ohio Chicago Towel Co common; 12 % Mar 1 Utilities South & South Shore & Chicago, 500 200 6% 10% 6% _4 1 200 Chesapeake & Ohio (Un) Inc ♦ 12% Jan 53% Mar 10% July 16% * Mickelberry's Food Products— 16% - Co Miller 57% Jan 19 Jan 14% Aug 21 May 85 Mar 55% Mar 3% Jan 16% Mar 17 Jan 17% Feb 17% May 15% Feb 14 Sep 23% — 16% —_1 (Un) Co Cement Middle Sep 15% Sep Mar Feb 60 • Marshall Field & Co Jun 44% Dec 38 8% May 9 4 41 Jan 14% Brewing Corp Central & South West Corp Ky 1% 11% America of Corporation of Elec & 6% 16% Centlivre 1 • Mfg class B Oct Sep Feb 8% 45% Oct 12 18 83 30% 3% 41 30% Oct 13% Biscuit • • Co 1 11% (Un) Carr-Consolidated — 3 10% Brothers — 1,400 53% Sep Jan 28 45 11 21 65% 3 2% 9% 19% __ 1 15 Corp 11 21 65% common Nash Burton-Dixie — 3% 73% • 1 (Un) 22 — 1 1 • 1 33%c Co Lonergan 4% July 11% Mar 2% Mar 5 12.50 Burlington Mills Corp Burroughs Corp (Un) 1 * 1 Lion 51% Aug x49% 20c Company 200 Sep 5 Feb Dec 32% 19 — 8.75 (Uni Printing Co common Lindsay Chemical Co common Jan 8% Feb Jan 45% 30% __ — 21% Lincoln 5% 1% Mar 45 20% * _ Works Gear Foote Budd (E 51% 16% 12% • 1 S 5 5 Co Manufacturing Booth 20% 1,600 Jan 25 15% 1 1 (Un) 40() 20% 8% 250 1% 34% 31% 10% 53% 39% 14% 10% 29% 4% 21% — 3% __5 Corp 48% r64% r64% 20% 8% 47% 1% 48% (Un)—lp Brewing Corp Berghoff 100 8% 13 Corp Benguet Consolidated Mining 3,1 37* " 50c 10 Co Inc Manufacturing Co Belden 4% 1 -Bailey Selburn Oil & Gas class A Baldwin-Liina-Hamllton (Un) Bastian-Blessing \ 28% Mar 27% — 1 common & Light Power Louisville Avco Jun 600 200 200 300 10% 42% 28% Libby McNeil & Libby Feb Nov 30 10% „ ... 31% 10% 53% Laclede 99% Jan Nov 23% 1% 13% 21% 17% 23% 8% 41% 2% 17% 23% 8% 41% 2% International Mineral & Chemical 5 International Packers Ltd —15 International Paper (Un) — ..7.50 International Shoe Co * International Tel & Tel (Un) • Interstate Power Co —_3.50 Iowa Illinois Gas & Electric * Johnson Stephens & Shinkle Shoe. ___* Jones & Laughlin Steel (Un) 10 Kelley Island Lime & Transport Kennecott Copper Corp (Un) Knapp Monarch Co Kropp Forge Co 18% Mar 28% Jan Pep 4 200 27% 3 — 6% 6% 8°% 100 97 97 6 '/a Apr 45% Feb 43% Jan 12% Mar Sep 23 common Ashland Oil & Refining common $1.50 32 34 1,000 345), 50 (Un) 32% 31 '/a 10 (t)n; Copper Mining Anaconda 20% 9% Mar 600 11% 11 5 ; Feb 35 9% 17% 4% 4% — 28% Katz common Bartlett Harvester Kansas 77% July Dec 69 % Apr 77% 78'% 18 18% 41% 42% 28% 29'% __ 1 1 10 ——1 —3 —25 1 ——— • international Kaiser Oil Development— Amurex Armco 65% 25 American Tobacco —5 — Co Spencer Kansas Rights Dec Sep 15% 44% — Illinois Brick Co — 10 Illinois Central RR-100 Indiana Steel Products Co ——1 Inland Steel Co—" Interlake Steamship Co • a 1,400 45% 29 61 90% 16% 13% 14 __ —————— Corporation Hupp High 22 1 Corp Hlbbard Range Since Jan. 1 Shares 44% 44% 5 — Co Organ Heln Werner Corp— for Week Range 53% 1,400 1,100 54 18% — 25 Harnischfeger Corp Heileman (G) Brewing Co Sales of Prices Bale Price 6% 45% 29% 12% 1% 13% 90% .100 — t Printing Fi Hammond compilation of the round-lot transactions only STOCKS iW Hallicrafters Exchange Week's 1% 13% 18% — Greif Bros Cooperage class A..——* Greyhound Corp (Un)——— 3 Griesedieck Western Brewery 2 Oct Gulf Oil Corp A 31 % 28% 45% Jun Towing— Lakes Great — Midwest Stock 60% High 52 600 2,900 1,050 2,100 1,400 , Jan 13c 72 Aug — (Un> Motors Drug Stores 7% 6c 69% 25,100 10c a70 Co H) 29% 12% 52% —— 1 ...———* Great Lakes Dredge & Dock—— * 20% July 44% Feb 20% July 50 (W Co— 59% 30% 45% Jan. 1 Low 61 28% x44% 6 44% 29 12% 52% 9% Range Since Shares 60 — •* 8 *—* 1(1 Bros Graham-Paige Gray 350 6 5 20 ——1 * ;—-—— - 8% 41% 481 51% 7c a70 7c — Package Corp General „ Radio 10c * Co Mining Gold Zenda Zenith Corp——— Motors General General for Week of Prices Low Hi^h 60% 60% 31)4 28% x44% 0 —5 — 50 a20% a20% 38% 39% — 33% Aug Mar Jan Corp Foods General 72 8% 43*/» — — Youngstown Sneet & 58 13% Sep 360 /% Sep 411 39_a 6y8 24% 5% 29% 7% 31 2.067 « 51% — 10 — 23% July Par Mar Mar 185 al3%al3/4 a9 /a a9/a a43% a43% — 4% July Sales Range Last Sale Price 255 13% a9 a a43% * (Un) (F W) Corporation York (Un) (Uni Wilson & Co Inc Woolworth 57 — 5 -1 (Un>——10 Lines Air Western 28 a Week's Friday 119 ab 38(» a 13% Kamp's Bakers..,.—Warner Bros Pictures (Un) de Western 28 — 10 Consolidated Oil Universal Van ae — 4 STOCKS 100 »29 * a28 — DECEMBER Range Since Jan. 1 Shares oOQ15qOQ15 — 10 1 5 * run) Radiator States United 1 (Del) (Uni Corp United Gas Corp ENDED for Week of Prices Sale Price STOCKS WEEK FOR Sales 21% Nov 2% Mar 3% Jan 8 % Sep 14 41% Sep Sep 30 Mar 29% Jan 4% Jun 5% Dec 52 % Mar 6% Dec Jan 40% Nov 49 Aug Oct 38 Feb 8% Oct f. 14% Mar r7 19% Jan «: 5% 25 ; 9% | I | Jun g t 14% Feb F 23 % Mar07% Jan Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2231) 39 OUT-OF-TOWN MARKETS RANGE Friday Week's Last Range Sale Price Par South Bend Lathe Southern Co Southern Spiegel 33% (Un) Friday Range Sine* Jan. Low 33% 1,700 30% 43 % Mar 30 24% 250 22 15% 16% 1,100 13% 38 38% 700 36% 500 5'A Sep Dec 6 % Apr Pitts 59'A Jan " — — 81 78% Jan Rockwell 38% Jan San 6% 7 Jan 6 % Oct Sep 37% 27% Mar Sep Sep Dredging Corp 3% Oil 100 of California _• 3% Standard Oil 52 53% of 700 Indiana 25 68 % 400 71% 73% 1,000 33 y4 33% 1,000 31% Oct 9% 9% Mar Sep 65% Sep 67% Sep Dec N J lUn) 3% 15 10 —-1 1 9% Stewart-Warner Corp 9% 5 19'A Stone 19% 1 9% 9% Container Corp Studebaker Corp Sunbeam (Un) Corp Sundstrand & Texas Co Co Tool 20th Union Oil U S U of Air United S Co Steel Walgreen Western Wieboldt 41% 56 300 49% Sep 57% Wisconsin (F 650 15% Sep 500 11% Jun 35 Ve 34% 35% 1,100 27% Publishing 27% 1,000 2% 2% 1,600 2% Nov 3% Radio 200 13% Sep 17% Jan ' 39% 16% 600 20 900 14% Oct 71% ■' ■ 16% 19% - 71% 500 62% Jun 39% 22% , 39% 200 23% 400 15 % Sep 20 Nov 600 4% Jun 400 23% 37% 39% 5,900 8% 8% 400 7% 600 200 31% Jan 44 % 39 12% Mar Nov 29 Jan 43 Feb 48 Aug 50% 52% 1,700 40% Sep 52% Nov 29% 29% 200 23% Sep 29% 14% 14% 100 13% Jun 14% Mar _• 14% 14% 14% 28% 28% 28% 19 18% 19 43'A 43 Vb 43% 300 13% 13% 10 10 10 Co — 5 Tube 5 40 * _ 2,600 13 Jun Air Washington Stock Exch. shown 24% Jun 28% Nov 16% Jun 19 43 45 % 950 Aug 16 Feb Sep 13'A Mar 9% Oct 14 % Jan 40% 500 34% Sep 47 % Jan 69% 70 200 64 % Jun 80 Jan below for Friday Juneau Week's Par Co American Tel Tel—, & Rights for Week Shares Low —' 47% 100 157% • 157% 2,955 2 157 219 Allis-Chalmers Aluminium Amer 6,331 |°6 2% Budd 1 preferred 21% 150 17% 30% 550 25% 8% 8% 530 5% 30 50 Company Co (Un ) 5% 2 iS Tobacco American Viscose Woolen Anaconua Copper Co Fuel Co Co & Mining 3!/b Apr 6 Dec 123 19% Apr 31 Nov 7% 7% 7% 27% 26% 27% 733 :?2 A 44,866 A 29% 30% 2,261 25 Ve 26% 27% 1,322 25j'h 88 94 (Un) Curtis Gimbel — 10 Co Lehigh Coal (Glenn 16% Mar 8% Sep 23% July 27% Nov 100 RR Dec Aviation Cons Corp Mining Oil Dec Airplane Borden Water Philadelphia Electric preference Philadelphia Power & Co._ common Broadway-Hale Transportation Stores Participating Corp 22% Atlantic Canadian Pacific Jan 16% 315 12% Sep 18'A Mar div preference 1,640 Jun 36 Dec 18% 4,082 17% Nov 23% 272 40'A Jun 52 y2 Jan 37 38 126 30'A 33% 41 Sep Mar 31% 31% 32% 3,503 28 Ve Sep 33 Jan 2 3'A 22% 23 % 205 2U'A Jun 25 Mar 4% 482 3% 6 Sep Aug 5% 6% 1,318 5% Sep 7% Jan 27V4 28% 1,249 26% Nov 3614 Jan 2,417 17 Oct 18 Nov 42'A Nov 42% Oct 17'A 18 42% 42% _• 25% 25% 26 • 25% 25% 28 25% 1,031 24% Jun 27% Jan 649 24% Jun 27% Feb Chic 26% 27% 355 26'A Oct 33% Preferred Chrysler 70% 365 54% Jan 70% Nov Co • Corp 112 - 1 oil United - United Gas Improvement Washington Light Gas Westmoreland Woodward & common * 20 common 10 112 69% _ 8 70% 143 112 68% Dec 112 Nov 82% Dec Jan series ser A__ 1975 1975 Consol Consol Allegheny Ludlum Gas Duouesne Brewing Light Equitable Gas Fort Brewing Pitt Harbison Home Continental Corn For • 8.50 tL'JLl Co ♦ 30% 589 30% Oct 31 Nov 11% * 11 % Nov 23 Jan Dow 27% 300 26% Oct 27% Nov see Jan Sep 44% Jun 43 Ve Dec 19% Apr Jun Jan 1.10 3'% 3'% 200 3V4 a8% 100 8V4 Nov a3 a3 50 a21% a21% 3 16 Apr 11% Mar Oct 20% "" Feb 4% Sep a«V4 a3 — Jan 8% Nov 3% 3% May 30V4 Mar Oct 10% 10% 100 10% 10% 200 10% Nov 16% a61 a62% — 107 51 Ve Sep 510 1 Sep 67% Mar 1% Jan 1 1 50% 51% — • 11 1 2.05 10% 2.05 554 11 9 Feb ""T4Vb Mar 45% Sep 10% Sep 525 2.10 8,096 a4G% a46% A 2.05 Jan 57% Jan 13% Mar 3.00 Feb Sep — — — 95 37 a58 10 54% Jun 57% Oct a73% a73% — 10 1 — 5 36 66'% Oct 80y4 Apr 9% a58 48% July 9% 9% 100 14 14 322 13% Sep Sep al7% al7% 120 17% Sep Oct 10% July 17 A Feb 22% Mar 2 — — al6y« 10 common —• (Un) 50 a20% 73c 25 (Un) com 3% 3% 600 3y2 Oct 5% 1 Apr 15% — • — — 63 10 a8iy4 41 y2 15% 808 23% •'* SB • class A..2% • * A 23V4 406' 3% 4% 858 23 23 285 22/e Nov al5% al6% 260 15 Sep 24% Jan 46 Oct 19% Oct 63% Jan 38 A Jan 47% 50% 1,627 a20% a20% 501 ■; 13 V4 Mar 17 A May 20% OctV 27% Sep ^6% Mar 3% 33 A Jan 70c 77c 8,250 35 653 ^3 4 Aug 41/a Feb 12% 12% 185 11% Nov 22% Jan Jan 4.4% 44% 203 63 63 Ve 811 a78% a82ya 79 39% 41 y2 715 70c 1.35 Jan 34% Nov Jan 42% Apr 61% Nov 50% 95 71% Oct 94 A Mar 32 A 41 48% May 49% Oct 17% 18 200 Jan 15 /e Sep 48% 48% 144 40% Co — 48% 48% 107 12% 2 Jan Dec Feb of 21 A Jan 37 276 32 Jun 37 Nov 67 Mar 37 57 57 420 a7% — — 1 — 5 — -—25 — 5 (Un) ; 35 — 25 — __1 (Un) — 1 — ,8 55 A 50 (Un) <Un)_ Nov 41% 15 (Un) Amer Dec 17/2 a7% Corp common Co 12% 40 42 Aircraft (Del) 720 a7% (Un) Feb 20 12% * * Y (Un) Refining — 39% Feb al7% al7% _5 — N Co Vultee Oil __ 12% 25 ol Gas — •— ——————2(A Doernbecher Du Mfg Co Oil Fields Chemical Mont Lab 76 $10,000 84 3,100 58 Mar 67 % 76 Jan 85 class A Eastern Air Oct Eastman Week's Federated 24 Jun 7 /a Aug 35 A 42 a54% a56% a— Jun _— 15 Jan 10 /e Feb 42 Dec a— 16% 236 15 A Sep 22 A Feb a55% a55% 50 50 Oct 56% Jun a74% a74% 5 68 Mar 72 A Oct 26 A Jun 91% Jun 16% 34% 35% 5,014 35/4 102'A Feb Sep 31% Feb 100 6 A Aug 8 A Apr 855 7 100% 100% 84 25 25 120 7% 7% 8 8% 22% Oct ]re° 9 A Mar (Un),— & Co Inc (Un) (Un) 10c 25 —_ (Un) Co Gas • Co 3 Co Petroleums 1 10 Works Capwell 37% • Ltd • - — al06% — — 5% — — — 2.05 905 1.95 Dec 26% 38 2,269 37% 38% 953 29 34% Apr Jun 365 485 92 1.95 9% 9y2 al05% al08 24% 24'A 100 a45 4% a47 5% 4,850 263 9 A Nov Apr 22% 41% 4% 31 /a 37,4 Aug Jun Aug Sep Sep 35% 35% 248 41% 42 402 4 4% 450 ^8% 38% 22b 89 89% 1,259 67% Feb .iS =41/® qpn 54% Sep 3% Sep 2.85 May 38 D c 42% Jan 105 A Nov 27% 47/e 7 /a 37 Jan Nov Jan Mar 46 A an 7% Jan for Week Shares Oil Natural Emporium Sales Range of Prices Paso Lines Kodak 2.05 • _5 Dec Dorado * (Un) Co Food Range Since Jan. 1 High Machinery General Low & General Electric Co High 10 25% Sep 38% Dec 15% Motors 10 <Un)_„ -• Corp common Corp common (Un)—• 5, Jan — 89% a60'/8 60% Jan 12% Foods General Chem Corp 6 30 6% 30% 23%'£3% 4 650 jj44%r 6 30 25% 302 20% ,l 1,100 24% 25% 34 27 27 50 4 Dec 8 Mar Sep 30% Jun - General Public Utilities lUn, 5 — -1 — 24% Mar Dec 22% Sep 22% Sep 7% Dec common ^ Jan 31 — qillette Company Jan 21- Jan page 45. 29% Aug 25% Mar a8% 12ya class de Nemours 242 27 848 77 60 Nov Dec • Dominguez 100 27% 12% „ 33 Dec Nov Oct Sep (Un) Publishing Co Curtiss-Wright Corp Feb 31% 4 31% Jan 2A Jan 12% __ 14% 5. (Un) Curtis 6 31% __ 65% 35% 521 1 Edison Indus Steel 38 12% 1 936 903 15% 27c Iron Zellerbach Jun „ 6% 66 27% 27 Vb Pre!erred Crucible Jun Low 5 — Refractories footnotes * 65'% 43% 160% Mar Nov 525 Ltd Coppermines Products 4°/0 Last * Co Walker (Joseph) Steel System 2 & 170 3% Edison Consolidated 30% Friday Duquesne Oct 152% Jun 3,682 PI Co & Natural 95 Pittsburgh Stock Exchange Columbia Co System Chem Consolidated El Par 27 962 1,573 17,147 5 5 — 272 83 Sale Price 2 A 32c 1 Solvents Consolidated El STOCKS 30% 2% a29 2B Gas Commercial 5% 74% " 30y4 157'A 157% 5 (Un) Du Pont A__. Feb 27c (Un) RR Class B Columbia 34% BONDS— Baltimore Transit Co 4s Dec 15 Vs a28% —100 Co Fuel 11% . 34% Sep 5 100 (Un) Chemical 30% _ —— — Sep 30V4 12% 30% Aug Corp 33% __ 100 27c —1 America Paul Service 4% 13% Coal Lothrop 69 y4 Jun 43 100 13% 13 (Un) Columbia Broadcast System Jan 68% 1—25 St Milw Crown 27 Ve 70 Ve Wash 34% 13% a28% Corp Commonwealth 4% • of 30 Dec Nov 49% May 48% Nov Jan 44% 50 Storage Co Oil Rv & Co Eureka Colorado 36 17% '• common— I) Clorox Co Security (J 14 y4 Mar 42% 50 a50 15% 39% Sep 43V4 Jan —5 Chesapeake & Ohio Ry Paper Co 5s Canadian Central 16% —• Nov 13V4 12V4 Mar 100% Jan '- Celanese Corp of Oct y4 28% Feb 31% 305 Sep f_— Feb 16 _ 32% 139 Sep Sep 10 Co 70 Jan 10 220 a35 400 5 — 24% 11% 3 series B preferred—: Service El & Gas common Sugar 16% Mar 20 ; 3.60V< Scott Calamba Dec Co— preferred Philco 39% 34% .5 Sep • Potomac Electric Power common 15% 39% 8% . Sep Oct % Jan 15% Jan 31V2 Inc 22% Oct 4 54 Sep 9% 2 Corp Jackson Co Byron 12% • common Feb Apr 11% 34V2 — -15 53% 7'/e 37% 58 42% 37 (Un)__ Caterpillar Tractor Co 14% • Sep 87 15% (Un)_w Co 83 34% 75'A Mar 86% (Un) Co Borg-Warner Corp Oct 2 18 42 Sep 432 400 - 19 988 35% 938 12% 699 (Un)_ 37% May 9% * 44% a48% a4y% 16% : Corp Sep 15% 10 3% Apr 5% Jan Sep 3'A 114 Packing Corp Sep 63 _lc (Un> Co Holdings 1,452 11% Feb Jan 100 (Un) 1,725 430 125 ■ 44% 28% Sep 175 74'A 43 Vb (U11) 14% 13 2 3% 70% 43 1 23% 12% 350 High Sep 44% - 16Ve A — Cement 8% 12% 2% . 40'A N 22% Oct 9% (Un) Calaveras Oct 460 a97V8 a98% (Un) California 18 Ve 25 23% —10 Corp Dec 94 Low 45% 23% a98% (Un) Nov Jun Range Since Jan. 1 High 50 class 31% 15% 50 — 1 i Apr 15% Light i Sale* Shares 43 Aircraft Corp Blair Cities & i for Week - 16'A „5 Gas Sep 77% of Prices 3 14'A -10 Mfg Dec 52 Sep P2 & Ohio & — 10 12 1 Pennsylvania Sun 60% • —1 Salt Reading Jan 0 Pennsylvania $1.40 140 5% 96 ' L) j t Exchange 5 (Un)_ (Un) 22% 15 Navigation Corp Pennsylvania Power Pennsylvania RR Public 895 18% 59 y4 60 _5 common & 18% 5 Pennroad div — __50c Lehigh Valley RR $1 26% 10 Brothers 39% 20 Corp Bankline Oil Co—— Case Hecht (The) Martin 30 ——* Corp Jan 15% 50 Burroughs Motors Nov 10c 36% — „ • Atok-Big Wedge Avco Mlg Corp (Un) Betmeiiem Steel 3,843 — 25 (Un) (111) Bishop Publishing Co 1 Delaware Power & Light common—13% (Un) Co Corn Steel Dec 6 — 25' Corp Oil Nov Nov General 1,978 34% — 100 Anglo Calif Natl Bank Arkansas 11% Mar Nov common 52 Week's a49V8 • 5 * American 21% 10% B— — Baltimore 30 30 (U11) Tel & 30»A 60% (Julius) 21% Sep 15% — 10 class S S at (U11) Tel Jan 297 Garfinckel Oct 5c a33% „ Rights Feb 813 _ 19% Smelting & Refining— Common American Sep 8 11% Co May 11% 25 (Un) Chem & Baldwin "Securities High 44% a4y% 12ya Foundry American Benguet 64% Battery 29 Ve Feb 33 Vb Mar 3% 1 (Un) Co & Potash Nov 10% Deposit Dec 2% __ 1 Radiator Bendix 62% & 22 % 23% a45% - * American Jan 63% Fidelity Jan 934 i i Feb 29% -.-Range) 23% • (Un) American 161V2 _25 Electric Storage 16% Sep Low 20 Inc Cvanamid American Beech 10% Rights Duquesne Light Co Nov 22% 50% „ 10 (Un) Can Dec • Chrysler Corp 11% 40 12% 23 22% —__1 (Un) Mfir Car Boeing Common non-cum 746 9% Oct Broadcasting-Para Theatres— Common 47'A Nov 21 8% Co Limited American Jun 152 Baltimore Transit Co— $2.50 Mining Dye Corp Airlines American Feb 37% 29% 30 _13 : Low 47% 243 10 Baldwin-Lima-Hamilton 500 12% 51% • (Un) & Baldwin-Lima-Hamil Range Since Jan. 1 High 45% : , Arundel Corporation Atlantic City Elec Co Gold Bailey Selburn Oil Sales Range of Prices (Un). Atchison Top & Santa Fe (Un) Atlantic Refining Co_, the Last Sale Price Stores 12.50 common American 39% — STOCKS American Co Reduction Alaska Dec issues formerly selling on the simply the transactions since the merger of Oct. 15. are 364 6c 24 ' ——5 Allied Chemical 15% Mar 300 2,300 Philadelphia-Baltimore Stock Exchange 1 : 58% Mai Sep 6% Nov 20% 23 Last Dec 10 Jan. 12% 23'A Laboratories American 43 * since 44% 58 30 6c Par Abbott Armour range 2 6% 24% Sale Price Arincu The 53% 6% Friday' Jan Sep 22 Mar 5% Mar Sep 33% Sep 29% * : & Co STOCKS Alleghany Corp Feb 32 21% 4% 23% Nov 72% 44% Aug 28% 23 Jan Jun 4% 39% 20% 37'A 27 % ■ „ 10 Corp 53% 1 20 Brake Jan 16% 10 & Jan — Dec 51% Co Youngstown Sheet 27% 43 common Machine Jun 32 VB San Francisco Stock 37 % Mar 27 y2 26% Aug 23% Sep 16% 10 Co 2 Ve Oct • 13% Mar __1 Corp Sep 26 % 19% Mar 12% 12% Power W) Yates-American Zenith 17% 12% _* _i % 150 21% Mar 17% 10 Public Service Woolworth World Inc Electric Wisconsin 17 y2 (Un)— 1 . Bankshares Ail' Jan • Corp 500 Dec 54% _25 Telegraph 1% 27% 2.4% 10c Westinghouse Electric Corp Sep 5 Electric Stores Wisconsin Feb Jan Carbon Co 8% Mar Jan 15 % • Union Motor 21% Mar Jan Nov 35% 10 Westinghouse White 43% 500 1 Co Sep 6% — -5 ., ___ 17% 1 - Axel 35% 3,800 Film Works & Mining— Feb 17 (Un) Iron Spring Toy Jun 41% Corp Dorn Jan 18% 310 1% —— — Sep 1 iDel) 29 336 * 14% 16 . Inc_-—_ 39 Ve Mar Jun 26% 5 ... _ High Sep 23 8 1% .—10 _ 27 600 40% 1 Lines 20% 7% Corp_„ 21% 23% 16% 2 Corporation Bolt Wesunguouse 800 common- & & United Eiignicernm at Foundry Vanadium Alloys Steel 1,100 2 California Rubber Van Mar 40% Corp Carbide Union Screw Feb 17% * Corp (Un) Pittsburgh Plate Glass Feb 35% 5 Coal 20% 25 10% 16 Co Century-Fox United 13 1 Corp Truax-Traer 5 common— -2.50 23% 33 y2 Co Trav-ler Radio Tri Continental 23% preferred 16% Sep 9% Sep 16 (The) Transamerica convertible 100 22% 25 Edison Trane 23% ■ 31 % Jan 25 (The) Pittsburgh Brewing Co 750 33% (Un) 25 10 10 5 Tool Co Power Toledo 1,000 Low 33% Supply 19% » Machine Bunray Oil Corp Swift Thor 1 10 Fuel Range Since Jan. High 33% — —— Corp $2.50 Shares Low 1 — Gas Mountain Feb 16'A Star Natco 49% Mar 49% 68% 1 Lone Jan Oct Standard Oil Co Plymouth Oil Corp 16 4% for Week —5 1,400 24 y» 150 Standard Standard Manufacturing 5% 2 Standard Oil Co (Ohio) Standard Railway Equipment Par Joy Sales Range Sale Price High Sep Week's of Prices Last 1 35 % ' 5 Co i 33% 35 5 Inc DECEMBER 5% 15 Works ENDED STOCKS Shares High 32% 1 (Un) Pacific of Prices Low * WEEK for Week SIOCKS Sinclair Oil Corp Society Brand Clothes Inc Socony Vacuum Oil (Un) FOR Sales I a59/4 60 60% .28 .28 ,792 100 &39 a29 87 « <J. 260 ^ 202 n.™ 34 13 "2 24 Oct Sep Jun 89% Dec 69% 69 4 Feb Feb 2^,. ^ov 21'/, Mar » gee f, The Commercial and Financial Chronicle... 40 Monday, December 7, 1953 (2232) OUT-OF-TOWN MARKETS RANGE WEEK IOR DECEMBER ENDED 4 ,*»&„ Goodyear Tire & Rubber (Un). 10 Graham-Paige Corp common (Un)—* North Greyhound Ry Corp Hancock Oil Hawaiian Oil Honolulu International 100 34 34 51 51 all % all% 100 155 77 Tel Tel & 1.10 * 28% a36% a54 * (Un) <Un)__——7% Co (Un)—• _33%o com — 15% 15% 1.05 1.15 27% 28% a36% a36% a533/4 a54% 14% 14% 8% 8% — 8% 14 28% Mar Nov 14% Puget Sep 2% Feb Sep 1.00 58% Mar Sep Dec 47% Dec Aug 1.70 Aug (Un) Laughlin Steel (Un)„ Jones & Alum Kaiser Corp Chem & • 10 Corp com, Preferred Power Light & Kennecott Copper 1 8% • 2.50 Land Kern County Leslie Salt Libby McNeill (R Co & Co Magna vox Co common..: H) Aug 16% Mar Radio 18% Mar Railway Equipment & 2.00 Mar Nov Sep 33 Jan 37% Nov 45 Mar Merck Jun 57% Nov 20'A Jan 12% Jan Mother Mindanao M M & J Utilities Rand (Un) Steel Corp (Un) Reynolds Tobacco class B (Un) Oil Corp Monolith Preferred Cement City National Distillers Y Lines Company RR Mohawk Niagara Norris Oil North American North American North Northern Pacific Railway Northrop Oahu Petroleum Edison Co Oil United Onomea (Un) class Co Can Pacific Coast Co Gas 5% 1st 5% 36% Feb 2c 70c Feb 8 Apr 10% Sep 17% Sep 28% July preferred series Jan Apr Southern Pacific Mar Southern Railway 10 13 Southern Feb Standard Oil Oil Mar Jun 36 Jan Pacific Lighting Oil & Public Pacific Corp Gas 21% 4% 4% Nov 20 20% 490 19% Nov 25% Jan a27% a28 112 24% Sep 28% 800 1,330 20 6.25 Oct 2.00 Aug 16'A Julv 1st Service pfd 340 240 10 14% 11c 14% 11c 102 1,600 3% 3% 38% 38% a55% a55% 16% 16% 9,200 130 15 2.75 100 1.40 __ „ — 2.75 — Mold Super Sylvania Texas 52% Tide Transamertea Sep Apr 83% Stendel Palmer Pan common Oil American World Airways (Un) Apr 25c Feb 1.95 Pennsylvania RR Co (Un) 550 42% Sep 51 175 41% Jan 47% Nov Union 3% May Feb 29'% Mar 141 23 Sep 51% 51% 157 44 Sep 63 34 35 665 32'A Jan 35 3 a Mar 7% 38% a24 % a25% United Sep 23 7% 1,765 7% Sep 9% Apr 38 % 1,469 32% Jan 38% Aug 11 32 Nov 36% July al9% 19% 20 18 Sep 23% Mar 6c 28,400 a22 a22 '/a a 12c Feb 55 20% Sep 27% Jan 69 % 30 55% Feb G4% Oct 54% Dec 5c 69'A a a Dec 5c Jan 60 Aug 13 Oct 66 May 76 Dec Nov 22 Nov 19 Sep 41% Jan 34'/a 35% 690 30 Sep 37'% Jan 37% 38% 2,085 33 % Jun 39% Mar 76 —25 24 22% May 50 a23 % a23 % Jan 11% Jun 7% Oct 13'% July 5% 1,233 175 151 22% 32% 420 29% July 33% Mar a32% a32 % ^ 2 7 29% July 33% Mar Jun 150 7% Oct 16 664 13% Jun 16'/a 38% 38% 1,118 36% Sep 49% Mar 42 42 100 38'A Sep 47 Jun —-J* —1 — 47 Mar 104 25 % Sep 29 Aug 53% 3,438 49'A Sep 59% Jan 71 71 112 67 Oct 80% Jan 71% 72% 537 67% Sep 78 % Jan 10% al0% 2 9% Sep 11% May 38% 305 47 a27 a27V2 — . a — Sep 35% 35% 132 32% Apr 36 Oct 23 23% 1,155 22% Nov 43 % Sep 17 1,925 15% Sep 213a Mar a37'A a37>/4 14 32% July 32 % July 1 (Un) (Un)— — Oct Carbon & 49% Sep 577a Mar 11% Mar a6% a6% 40 6% 20% 2 l'A 771 19% Oct 27 26% 28'/« 7,653 23% Sep 29 % Mar 14% 30 12% Sep 19% Feb 16 16 120 13% Sep 17% Jan 71% 470 63 Sep 71% Jan 40 40 823 37 '/a Jun 44 Aug 21% Oct 27% May 28'/s 14 a pal4% a 780 Nov Mar 22 22% 43 % 43% 142 23 £ %■ 5 3 % & Glass United May 15% Can Corp of Del United Jan Gas Corp 12% Mar U Park United 16 % Jan U S 6% Mav Rubber S 2% Co (Un)_——J. 23% 656 22 Nov 10% 10% 336 10 Jan 5 Jun 5% Mar 23% July 29% Mar — . 10 33% 43 3 Apr 4 Nov Jan Victor Equipment, July 29 Jan Warner Jun 28 Feb Warren Petroleum Corp a2% 34 10 860 Jun Wells Feb 28 % Bank Fargo Petroleum Preferred Nov 1 U & com 2 Nov Nov May 2.60 Sep 28% Dec 44 Jan 3.25 May Oct 130 Westingliou.se Jan Wooiworth Dec NOV 8% 17% Sep Nov 33 30 33 1.375 4 3% 4 1.175 17 34 40 IV 1 Willys-Overland Motors (Uni_ Apr 3% 25c 20 ' _l Feb 25 3A 313 10 7a July Sep 16% Apr Oct 36% Mar 8% 80 311 Jun 12 30% 2 a32 Nov 30 Nov 313 Jun 286 Mar 60 ' 3% Sep 5 1 8 Jan 18% Oct 26% Jan 8% - Sep Oct Dec al3 a32 (Un) 119'A Mar Apr 1.25 10% al3 —100 T Sep 34 10% (Un) Jun 24 15,700 527 1,851 a2% 12% Sep 23% 2,884 . — 111 5 39% -5 —J—3 (Un) Bros Pictures 146 715 37% 39% —5 "T Co 25% 4 154 <■ % 1 275 Mar 32 Nov 115% 115% al37 l'/a ,28% — Nov 3% .<■" 20 252 l'/a ; Aug al37 29 'A 28% (Un) — Co 4% 29 % a4%a 1 (Un) ... Sugar £ ^ —5 Mines Steel Corp common Utah-Idaho —1 (Un) City (Un) 75c 18 209 10 %- 33 18 Jan 55'% common—25^'v 3,100 1,500 125 10'A 18% Jan 39% 55% 55% ab% |r —12% 34% 25% 9% 15% Sep * (Un) Inc 29% Mar 459 __ 11% Aug 30% __1 e (Un) Coru Lines Air 40 27'A 26c 100 812 71% 2 _5 Inc Jun 27'A 25c 13 32% ._104£. (Un) Jun 25 25c 13 31% — 25*Oil Jun 26 — |va37% 5$ 34 26 " 3% 16% 17 7.50 Products Jan 52 47 -- >/a27% • . Jan 8% 16 "-38% 'P. . 13 8% 16 v 5 j 30% 517 110 310 90c Feb 24% 31% — United 20 34% Jan 26 % 24 Mi — % 32% Mar 400 33% 85c 25% Jan a31% a31% ^ 52% N Atrcrult United Mar 1,512 34 Oct 30% Sugar 39% 56 15 5'/2 5% a28% a28% Feb Mar 1,020 California Corp Carbide Jun 5,511 50 49 a40 a41% 3,116 common Oil Co of California Union Apr 40 1 Apr 19% 76 (Un)— Airlines Union 14% 32% 27% 27% 10c Corp 14 Sep 20 (Un>— Tri-Continental Feb 39% • Sep 14% 33% Corp World Trans Jan Nov 32% 27% 27 (Un) Jan 8% 237 32'A (Un) Associated Water 18% Mar 12% 39% 100 Motor Co 34 900 19% Corp 23 % Mar 34% 8% • Preferred Packard SeD 9% 14% — i Incorporated common——. 50c Textron 20% Mar 11c 32% „ 22% 9% 14% a26% a26% — —1 Electric 20 12% July Jan Mar 22 100% Mar Sep 8 (Indiana)——_.—25 Inc Company 51% 8 — 7% Mar 15 15 — Jan 480 al4% al4% __ 8% 100 31 29% 13% July 50 & Nov 18>A 18% 60% al7 Development—33 %c Pacific Tel & Tel common 80 35% (Un)—• ^ 38% Co com Inc Corp Jun 19 % 18'A 60% al7 __ * Nov 20 Feb 4% 5 20 20% a22% a22% 25 com_ new 21% 1,585 98 7% • ■-3 of of Drug Westates Pacific 2,464 20 95 488 5 ——5 —1 Sunray Oil Corp (Un)——— —1 Superior Portland Cement (Un)—0 Feb Aug 21 4% — 25 24% 20 60 Stanley Warner Corp (Un);—— 23'A — 21% 48'/a & Oil 22% May 5% Jan 12 15 Standard Sep — Jan 60% preferred——25 Co Co 65 Oct 5 43% Oct 60 Co Co Standard Sep 17% __ Sep 44% 12 — Brands Standard Apr 18% — Jun 36 33% Sperry Corn 28 % Mar 30 19% 3% 25'A 250 —15 (Un) Co 19% — Nov 313 — $ —* (Un)__ Petroleum 6c Studebaker 20 5% May 43'A cl A—.—5 j>; 19% preferred (Un)__. Sterling 21% Oct 7 Jun Feb 285 (Un)— Oil 1.50 260 655 650 420 25 A 6% Southern Calif 18 < % Dec 27% Mar 28 100 4 48% :a41 % preferred 4.32% —25 Southern Calif Gas preferred ser A—25 4% Mar 21 55 25 common preferred redeemable Sep 25 Electric Sep Sep Sep 3% 30 —8 —— Co new Corp cumulatitve 4.08% 25% 10 (Un) 33 33 2% 17% 20 155 6. 14% ~ Cumulative 21% Mar 5 preferred redeemable 5% 90 34% July 24% 5 31 * Calif Edison Southern Jan • Aggregates— & Nov Jan 18 Oct 5 — — Finance Corp 1st 19 % Sep 20 Amer Fisheries Pacific 6% Jun 14% __ (Un) Pacific Pacific 18% Mar 15% 16% B Pabco Products Inc common- Pacific 12% July 17% • Filters Sugar 1,060 400 140 12 (Un) Oliver 753 16% 301 1 Ohio Ohio Co 17% 16% 18% 18 1 Corp— Oil Co Oceanic 16% 16% -20 (Un) Sugar Co Ltd Occidental Socony-Vacuum 17% 100 .1 (Un) Jan 111 pfd—.25 Aircraft Sep 22% Oil 16% (Un)—10 5%% Invest Sinclair al7% 110 120 5,100 11,448 20 106 390 125 343 68% Mar 24 15 £ Jan 17% __ — Shell Oil Co Feb a 16% 16% 730 Sep t 17% 4% common (Un) Co Water Shasta 25% 260 __ 1 (Un)_ Aviation American Co common Roebuck & Co— — 1 — Sears — • Power—— Co Scott Industries Paper Co Schenley 13% 22 56% _♦ . Mining Mauricio San Oct Sep 48 % 42% .——5 y 38'A —10 ? 5 & — P.10 | 5c (Un)_1.40 j a22 1 4 —— (Un) Regis Paper Co (Un) Signal Oil & Gas 14% 150 a5% 9% -10 Foods Joseph Lead — 1 * — (Un) Apr 22 30 ___5 (Un) Gypsum Central 40 % 21% 56% 1 (Un) Dec 10% — _1 Prod 32 362 — 5 (Un) — 95 St Jan 13 56% • St Apr 19 a39 3 21 a27% 2c 87c 9% 10% 53 a 55% Apr 47% r— Nov 19% 30 — 10 Cprp Auto N 10% • (Un) Fibres National National Natomas 86c __ Co Morrison-Knudsen National __ Cement Fine W & S Feb 59% 10% 2% 21 a27% 2c 83c 9% 10% 19% — 5 82 Sep Oct Jan 31 1 "a25% :• & -Co class A (Un)—25 x.'" 35 Safeway Stores Inc Mar Aug 38% 29'A 2% (Un) 20 63 Jan a27% Co Power Montgomery Ward & Co Nash-Kelvinator 17 —10 Utilities 17% July 411 1,335 . 36 % 4 5"% Mar 13 — 100 (Un) Montana-Dakota Montana al7'/2 (Un) com Nov Apr • (Un) Cons M & Port 2% Riverside Mar 47 8% — P.10 195 900 12 Nov 5 Co Manufacturing Rheem 30% May 20% a38% Mines Lode Oct 200 720 a39 Inc 22% Manufacturing Co May 9 29% 1 16%c Co South 24 32 — 18 73% Sep 9 26% „ 5 Sep 19'A Dec 27% 98 § 1 5 50c • 10 Rayonier Incorp common Raytheon Jan 58% 41% 125 a5% 48% _100 Republic Aug 7% Nov 32 26% ...—...—1 • Co & 25 41% 41% 2% 2% al8% al8% 65% 65% 40 44 % Feb 27% — (Un) • ' Realty Ltd com_« Remington 48% 595 24% 43 31 America of Corp 1.05 102 291 a64% a64'/4 21% 21% „ T~1 (Glenn) Mfg Menasco 44% • _— Navigation Middle __ • Co (Un)— McKesson & Robbins Inc (Un)_ Matson — 7 1 — Calculators Marchant Martin Libby_ Corp & — 10 * (Un) Inc Loew's Macy Co Aircraft Lockheed (Un)__ (Un)_ Corp — 50 - Kaiser Motors Corp Kansas a64% 21% 1 .. 15 Nov 56% Sep Nov 14 Jan a55% _ 24% 175 312 1,810 11 29% a .,a5'/2 * Preferred 1,068 83 320 1,365 -- • 9% Oct 14 33% • _— (Un) Co Richfield Johns-Manville (Un) Inc OH Pure & Timber Pulp Souna Pullman Jan 39 % 13% 5.567 High Low 13% 27-a Pepsi Jan 34 301 — 1 (Un) 'Un; Canada Co — — 6% ^ Co — Jan Nov 11% 2.094 1.15 12 % Mines Corp 12% 19% 54% 1% 1,375 11% 115 • Paper International Oil 20 11% — 12% Harvester International Intex 19 % 11% Co Car Nickel Inter'l 20 * Range Since Jan. 1 High 32% 13% Cola Co (Un) 33%c Phelps Dodge Corp (Un)_—: 12% Phiico Corp (Un) —— 3 Phillips Petroleum Co * Pig'n Whistle conv prior preferred_7.50 Pioneer Mill Co Ltd (Un)— 20 Sep 48 Shares High 44% 14 17 480 575 a52% a52% al al 49% 49% 133,4 14 for Week Low Par Low -1 — Range Since Jan. 1 Shares r—'-1 Ltd Co Inc Maryland Idaho 14 Corp Motor Foods Hunt 3 class A_ Co Holly Development Co Homestake Mining (Un) Hudson __ — Pineapple __ (Un)__* pfd non-cum — Sale Price High Low Par Great of Price« Sale Price STOCKS Range of Prices Last STOCKS Sales Week's Friday Exch. (Cont.) Francisco Stock San 141 6% 54c 11% West Indies Western Yellow Feb Sugar — W> (F Cab Co Corp (Un)„ — 17% 9 9% 1.000 51 52% 1,534 16'A 16% 300 43% 43% 43% 290 5% 6 1,300 19 19 20 Week's Range for Week of Prices Shares 10% Mar Sales —»x 10 7/ 1 common a 9% . 12% —-1 (Un) a 51% —25c Dept Stores Elec ::ai7% _,1 52% 12% Jan 16% 43% Sep 47 ',8 Jan Oct 7% Jan 5 Preferred Jan . 25 .. i 18% Oct 20% Mar " 23% Dec Sep 40 Oct 7 CANADIAN MARKETS 1.. . RANGE FOR WEEK ENDED DECEMBER 4 i£:' Montreal Stock Exchange % Canadian Funds Friday STOCKS Par Abitlbl Power $1.50 <fc Sugar Aluminum Shares Low 16% 16% 16% 6 990 26 25% 26% 1,125 a6 115 Range Since Jan. 1 High • common.. • common Class A ♦ Algoma Steel • a6 a 17'A 37'A a6 al7% al7% 37 Low 80 37% 840 12% 26V4 Apr Oct 27% 16% Mar 18 30% 49% Oct 5»/4% High 17 Anglo Feb lug Jan Co of Can 4% 2nd nreferred Canadian Pulp & % quotations on all Canadian securities. Orders handled Canadian Stock on all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. W. C. Pitfield & 30 Broad Street see page 45. 5Or 48% p. 24 ,2 % * — High Low 4,113 41% Apr 53 % 350 21% Apr 24 100 685 62 Jun MONTREAL, Tel: HAnover 2-9250 Members: Montreal-Stock Exchange The Teletype: NYl-1979 Investment Dealers' Direct private NEW YORK New York, Toronto and — Feb Aug Sep 23% Jan QUE. Canada wires with Maritime Provinces I Branches -1 N. S. 'O Sydnejl; S. - Saint John, N. B. - Sep 12% 27% 12% 525 of Nov Apr Canadian Stock Exchange Association 42 11% Aug BUILDING BANK ROYAL 49 24 450 G. E. LESLIE & CO. Co., Inc. Jan May 105% July Nov 37 2,091 \\it May 48% 690 49 3939% 12 12% - ♦ Ltd Halifax, For footnotes pfd Argus Corp Ltd common Asbestos Corp common Fast 104 48% 50%. Anglo Canadian Tel Co 4%% Steels -- Range Since Jan. 1 High 47% 48% 23®« 23 ■« 104 104% 48 preferred—25:% 100% Paper— $2-80 preferred Nov Atlas , •!"' Aluminium Ltd for Week of Prices 25 Paper preferred Acadia-Atlantic Sales Range Sale Price Low ParP[ Week's Last Friday last ^tSale Price STOCKS Monctcn, N. B. Number 5279 Volume 178 The Commercial and Financial Chronicle ... (2233) CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Par Eathurst Power Class B Bell & Paper —. class A Telephone Brazilian Traction Light & Power American Oil British Columbia Elec Columbia British Forest Columbia British Bruck Class Ltd Bulolo Gold Power Canada Cement 5% pfd-—. common Canada Corp__ Northern Canada Safeway Power 1st 35 25 24% 25 360 23% Oct 25 25 25 200 24 Jun 26'A Feb 14 14 14 300 13% Oct 15% Jan a47 a47 12 46 Jun 47% Apr Sep 27% Dec 36 Feb 11% Jan Sep 21'A Jan Jan 50'A Aug 4.55 11 500 4 525 1,900 34 % 5.00 Oct Nov Mitchell 18% Oct Molson 8% 40 (Robt) Breweries Class Nov preferred Canada Steamship Montreal Feb 100% Nov Feb Canadian Celanese Chemical Canadian Converters B 100 22 99 Jan 78 80 88 70 Apr 78 21 20% 21% 36% 36 % 36% 50 18V2 17% 18% 3,345 19 % 19'/4 19 % 997 17 Oct National class A pfd Steel Canadian Locomotive Canadian Oil Canadian Pacific Canadian Vickers Cockshutt Farm Mining Consolidated Consumers Railway class 1,100 8 Sep 13% Jan a4 a4% a4% 5 6 Jun 6 Jun 27 27 410 26 Sep 48 Jan 6 14 14 325 12 12 500 20 2,228 21% Nov 14 Sep 10'/a 10'% 25'/a 14 4,102 18 % 995 9 9 a24% a25 10 % 10% 11 a9 % alO 325 a33 9 21% 620 9% a33 " 3 a * Feb 9% 55 * Co Nov 22 150 0 Dec 12 99% 240 24 6 May a99 % a99% 177/8 Co class B_—0 Ltd July 62 Dec 78% Feb 31 31 50 29% Apr 33 Aug 21 21 12,175 18 Apr 21% Aug 27% 69 69 150 65% Jun 73 27 27 27% 415 26% Nov 45 * 25% 24% 25 % 3,210 20 Apr 26 Aug ♦ , 34% 33 34% 475 31% Sep 40 Mar Aug Jan * * 33% 33% 34 4,857 27% Apr 34 Mar ♦ * May 13% 13 13% 295 12% Jan 15 July 0 a 20% a20% a21% 250 18% Jan 22 Jun a22 % a22% 111 Jun 25% Nov 75 Feb St Lawrence Series A B Jan Series Sherwin Aug 1% 33% Jan Sicks* 19 Jan 16% Mar 34% 0 Corp Breweries Canada of Jun 11 10% Oct Thrift Oct 37% Mar Tooke 40 38 39 3,138 30% Apr 39% 40 2,736 36 % Jun 43 Mar 43% 44 202 42% Feb 46 July 48% ♦ 39 Dec 48% 50 51 July 27 110 19 July 27 Dec 135 10 127 Mar 140 a25% a25% 15 20 Jan 100 20 Feb 25 Aug 12% Feb 17 Mar 21 Jan 28 Nov 34 * common ctfs trust 17% Mar a24% a24% * Jan Aug 25% July 14% a 13% a29 34 * 29% 34 55 27% Jan 30% * 30% 31 2,033 28 Sep Aug 32% July 3,551 13% Jan 23% * Power 47% * 14% a 3,370 29% 75 Dec Jan Sep 26 Steel Co of Canada common. 8 12 135 Simpsons 8 500 com—* preferred Canada Feb July 13 ——100 4%% Southern 15 121/2 38% 0 common- Co 25 May 50 Power & Williams Southam Dec 74 50 common—. preferred Jan Feb 5 — a preferred Voting a71 «. 4% 13% a71 00 100 Shawinigan Water Apr Sep 0 common Royalite Oil Co 22% Sep common — Paper 15% 101 Ltd Co Transport preferred 33% Ltd Stores a o a5 175 5% Aug Tuckett Seagrams 2 28% 28 28% 3,065 24% Jan 29% Nov United Dominion Bridge • 72% 71 73 1,100 69% Oct 84 Coal 25 9 8% Aug 13 Jan Wabasso 4'% 5 6 784 • 2.64 2.70 10,500 4 Jan 2.00 Sep Sep Dec 6 Jan 2.80 Jan Dominion 23 0 Oils Distillers 23 23 — Brothers Triad Davis Leather 30 1,333 * Power 8 Va * Seal Quebec 4% 25 > & 20% Mar Rolland 10% A B Cork 18% 15% Aug Jan 17% 24% 500 62% * 1 Company Bros & Aug • — Provincial 34% 23 715 32% 62 Jun 46 * Textile Price Feb Nov • Glass Nov 40 Nov 22% Equipment 21% 30 22% & Smelting Apr 22 25 27% - Corp of Canada Jun a4% 100 _ Power 17 75 Jan 21 * Tubes River 325 * — — Jan Powell 2,840 27 26% 31 • common Products Development 30% _♦ Companies preferred Aug Page-Hersey Placer 8% * Jan 32% * Mills Steel 34% 3,420 Dec 62% 27% ♦ Ltd.. Flour Ogilvie 26% 8% 0 ;— Sep Aug 82 46 Feb 12 102'A 102 % ♦ Car Mines Ontario 22 20 common 22% 40 Wire Weaving Noranda 30% 26% ___* pfd Cottons Class Nov 100 • Cellulose- & Canadian Crown 1 260 —25 - Canadian Corbys 325 all • common series Consol 19% 100 »/4 100% 20 Canadian 5T 29'A Mar 0 __ common A Class 87 Jan • common Canadian Car & Foundry $1.75 Apr 27 all • Breweries Canadian Bronze Class 72 Jan 0 — Mar Mar 7.00 474 10% Mar A Telegraph 1,461 19 class "———I B Jan 84% 98% Ltd Locomotive 19 % 100 % —* Montreal 28% 100 common Nov B — Mar 82V4 0 2nd 100% preferred Frcntenac Oil. Oct Of r Nov 1st 57a Apr 28% 100 Nov 50 1) 10 preferred 44 42 % 36% i Jan May 42 Apr 84 38 24 Nov 20 — Jan 10% Oct 2,160 % • common $1.30 preferred Canada Iron Foundries 18% Oct 4,390 27'A 32% 140 Jan 7% 200 7% 26 Dec 25 100% 100% 18% 18% 7% 265 „100 Jan 18% 77% 16% 46 5% Niagara Calgary 20% 27 36 36 Sep 7% 35% 5.75 15% 18% 17% 5.00 245 * 7,036 35% 18% 0 18 Va 5.75 18'A 0 177'a 5 Dredging Jun 0 McColl 2,675 5 91 Mailman Corp Ltd priority Massey-Harris-Ferguson 5 % 5 Jun MacMillan & Bloedel Ltd class 5% 5 91 Jun 10 36 30 20 40 3,414 • ; 485 a98 Sep 34.198 * Products 46 a98 35% 8'/a all % all% High 40 100 Jan a49 35% Low common.0 Steel Jan 20% * Range Since Jan. 1 High 22% 18'/a 25 B Building 77 a Structural Shares 45 Jun 5% * A 8,734 Low Par MacKinnon for Week of Prices 15% July 36 20 • Telephone class 39% 20% pfd__100 Products 50 Sales Range Sale Price High a49 • 5'i Power Columbia Mills Co 198 39 8 % • common 41 a Week'a Last STOCKS Low 18% 18% 3914 DECEMBER A Range Since Jan. 1 High 41 a 25 British British 41 0 ENDED Friday Shares Low • — WEEK for Week of Prices Sale Price FOR Sales Dominion 6% preferred 9 125 a4.65 a4.65 76 35 al4 al4 25 14% 15 % 1,385 98% 98 3 » 70 20 common..;. 9 —0 100 Diaries 31 10% 18% 5'' preferred Dominion Foundries & Steel • com Preferred Dominion 7% Glass common preferred Dominion Steel Dominion & Coal Stores Dominion Dow — — Cotton Oct Walker Aug Sep Western Grocers Ltd 13 % Sep 15% Dec Western 97 Apr Jun Weston 70 90 57 Mar 70 Nov 31% 175 30 Jan 31% Nov 11% 7,986 10 Sep 16% Jan 135 14% Jan 18 % Oct Winnipeg 1,805 7'A Sep Apr Zellers Limited 4 100 8% 20 % 100 20% Feb 77/a 3,721 7 Nov 10% 67 13 955 11% 12% 140% 140% 25 140 Jan 141% Aug 4 % % Wilsils class A 9 15% 15% 15% 1,225 12% Apr 15% Electrolux Corp 18 18% 740 15% Jan 18% Enamel Heating & a22 a22 a22% a9% a9% a9% 125 65 9% 280 7% 7 % Products 7 % 21 Mar 23 a4.50 a4.50 25 33% 34 155 26% Jan 34 a95 % a95 % 97% 34 Gatineau When Sep 12'A Ltd Nov 8% 895 13% 1,125 11 15% 16 % 1,383 13% July 20% 20% 207/a a20% a21 103 110 :—100 110 110 General Bakeries 25 Ltd General Dynamics General Steel Goodyear Tire 4% 5'? pfd inc 1927 20% 20% Apr Nov 101 Feb 105'% Jan 21% 5'/c Jan 18% Jan 20 Feb a77/8 a8 205 Mar 8 Nov 97% 97% 50 95% Jan 100 Feb 0 20% 20 'A 520 18% Jan 23 Mar 25 pfd common preferred 26 26 50 25 Jan 26% Aug 2,812 31 Jan 37 Nov . — a8 10 37 35% 37 10 43% 4 3'A 43% 872 38% May 43% 42 43 325 39 May 43 111 $2.00 Oil 26% 1,690 23 Jan 26% 33% 32 33% 1,995 28% Jan 33% Dec 5 % 400 Jan 31 July Canadian 45% Mar a99 10 99 Nov 103 preferred preferred (irr Industrial — STOCKS Jan 49 166 47% Feb 49 $1.50 50 32'A Apr 39 Mar 19% 18 19% 951 20 % preferred $2.00 Intercolonial ——— 20 % 20% 1.025 45 % 45 14% Mar 19% Dec 17 Apr 20% Dec 38% Dec Funds Jan 46 Paper. Aiiglo-Nfld Development 45'% 402 40 % 43 2,146 36 Oct 58 Feb 7.50 500 6 Nov 12% Feb British 28% 27'4 28 % 3,838 26% Nov 36% Jan Brown 10% 10% 10% 5.815 9% Jan 11% July 120 6 % 6 % 100 May Belding-Corticelli 7% 5 Co 33% 33 3 4 2,375 23 5% Jan 24% Nov Jan 6% $3.00 2nd preferred 28 Sep 36 Vz Canada & 96 410 95% Nov 98 Feb Canada Packers 33% 1.040 29% Jun 36% Mar Canada 38% 38% 1,255 45 38% 45 410 100 Shares Range Since Jan. 1 23% 758 21 Oct 8 23% 8% 2,155 7 Apr 12% 12% 150 Intl Bronze preferred 6'/- Nickel 1(!r —-—25 * Paper International Petroleum 36% 33' 100 675 128 7.50 * 52% common Ltd Co Power International 6 16 357% 36 % ——100 5 — Oct 39 July Canadian Mar 45 Dec Canadian 6'4 Apr 6 46% Aug 131 6% Apr Jan Mar Aug 2,767 47% Jun a20 186 18'A Sep 29% Mar 79 50 Apr 85 Oct 28 29 1,276 24% Jun 29% Jan 29 29% 930 27% Nov 32'A Jan 20 20% 3,595 18 Sep 29% Feb . 5 —; Nov 127 50 Jan 52% * —25 — Lines 35% 105 6 % 18 52 29% Pipe 7,428 Dec 128 a 6% Jun 79 29 Preferred 5 15% al9 Utilities Corp com——5 Interprcvincial 36'/% 128 a —— International International 15% Canada common «>r preferred preferred 7', 6 15% common—_—_1 -— — * Public preferred 7',; Service,Ltd 62 58 Nov 15 12 = 200 Jan Feb 16 July -- a6 50 a— al3 20 12 a8% a8% 20 8% 88 49% 8% 88% 49 % 3,089 750 105 65 & 9 Jan Sep 12 Mar 97% Jan 47 Jan 49% Nov 17% 16 Jan 18 32% 25 29% Jan 32% 14% a53 14% a53 a23 a23% 100 13 Jun 14%' 10 45 Jun 55 Nov 38 21 Oct 25% Jan a23% * 38 37% 38 1,190 32 a83 a83 10 a83 35 84 10 100 4.20 5% 4,615 10% 10% 10 Ox 13% 13% 40 3.50 3.50 alOO 1 17% 17% 845 29% Lake of the 28 % 29 % 595 28 al40 V * (John) Woods common a 14(1 5 140 97^ 102 7% May 9% 4.80 8% Mar 10% Aug preferred —-—100 Lang fc Sons Ltd (John A) * Laurentide Acceptance class A * 8 * 10% 1', Class Lewis B Eros Ltd —; — 8 a9 a9 10% 10'.% 100 17 Jan Nov Feb 150 7% Mar 450 9 0 Preferred & SAVARD MONTREAL 7% Oct 18% Aug 33% Feb 144 11% 9 Jan Jun Mar & — 3.50 — 42% 5 Corp Federal Fleet Ford — 34 Power Sec Ltd Lakes Co Groceterias MONTREAL, Co MacLaren PL-9501 # Melchers 6',, Offices. 20 -- Corp—1 * (Walter M)— Power & —* Co Paper common preferred — - Light & Pow Co Ltd com Minnesota & Ontario Paper Co— Q. Moore Corporation common Mountroy Mount Ltd Royal — 0 10 * 5 * 0 : Rice 0 Ltd class A—0 Investment Distilleries Mills — common—* Ltd-— Mexican West, Montreal ST. JOHNS, P. Co — a25 Corp„_;—..0 Ltd Securities Utilities 1.00 64% A Corp Ltd com—-0 preferred 100 4%% pfd 100 Paper Canadian — 0 class Interprovincial Loblaw SHER8RQ0KE J) A < — 27% 20 pfd Ltd Can — — * Linoleum Hydro-Electric EXCHANGE —50 B * ————0 $1.40 of Co redeemable London 1181 St. Catherine Street Ltd Grain Manufacturing EXCHANGE ST. WEST, & Oilcloth Motor Great HART STOCK class Maghesium Dominion EXCHANGE Branch — * Engineering Works Dominion STOCK Telephone 45 0 0 Limitee Frere Dominion STOCK 276 ST. JAMES oare 13% pfd—0 L) Zcllerbach Crown Lowney i** (R Standard Sec Div TORONTO tootnor*?* common Paper Corp Ltd CANADIAN tfrr Ltd Consolidated Ltd 0 100 - — Alcohols Consolidated 6'/' TROIS-RIVIERES : Commercial — 3% 8 13% Nov Dec Feb Sep 42 Oct 93 Apr Apr 11% Jun % Jan Sep 5 July 11 Nov Nov 18 Jan Advertising— B Freiman QUEBEC General Npon Class * class A——0 Food Products Ltd Claude Foreign MEMBERS: Co. Lumber Co 9% May 660 a38 a38 6 3.50 3.50 225 a23 a23 3 41% 42% 3.40 32 Jan Feb 2.50 Mar 24 Nov 4.05 May 42 Jun 4.20 Nov 27 Mar Apr 42% al2% al2% 25, 12 Oct 14 Apr 33% 34% 2,089 27 July 34% Nov 45 45 100 22 12% 22 12% 25 125 27% 28 500 26'A 1.00 63 26'A 1.00 35 24 3,638 34% Dec Feb 17 common 1—-—1 David Limited Labatt Ltd __ Marconi Oct 16% — Industries Western Jan Sep 7 7 Ingersol Rand Co Ltd.——" Gatelli Feb ' 15 85% Canadian Canadian 14 a— 32% . — Investments-—0 Genera! Canadian Jan — July Jan 17% * B. class Ltd.— 100% May alOO 17'4 -100 — — 15 * com Jan 9% — Sugar Ltd Dredge 8% CAn^tdian International Inv Tr com--0 Crain Jamaica 25 .—-—0 Dock Co Ltd—— Dominion Vinegars — 1 -* — 1.2% a6 Canadian International High Low High al3 ——0 common preferred 33% — a6 0 cl A——0 ————— Oct Mar B Company $5 co'nv 1st 8 pfd_—,—100 Columbia Packers Ltd 95% 33 % 23%' * Belgium Stores Ltd 7.15 a24 a24 % Sales for Week of Prices Nov 42% & Pulp 41% Coal common...— 35% Jan Low Par ,7.15 -100 —-———30 ———-40 — Apr 31% Range Last Sale Price Dec 34'% Corp common.-* Acceptance preferred preferred $5.00 31% 2,730 Week's Friday Class 4Tc 100 38 % 6.00 July 1,090 48 % Imperial Tobacco of Canada common 35% 36% Canadian Stock Exchange —* 5 —25 ——.—£1 Ltd Oil Imperial Nov 35% 38% Oct —1 —. Dec 26 % ...10 Aug 34 % —— Hudson Husky Nov 26% 10 Nov 34% 4.95 \ -10 22% Mar 20% 107 33 48% Paper common Oct Jan 5 % * * —* preferred .—50 Bay Mining & Smelting—„—* Smith 6 Banks— Anglo-Canadian Howard Dec 91% 1 Jan a99 Hamilton Bridge Jan Aug 14% 17% 34 _50 Alabasline & 905 Oct Jun 5 % —0 ——3 pfd.--——100 — Wares 18 100 102'4 — , — Lime 21% 12% 16 ——0 common preferred Gypsum 20% 12% 100 Power distributed preferred 5%'' 21'/a * . 6.75 10 * Jan • common common Dec Sep 4.25 35% al6 • Jan .* of Canada Co Co's Feb 33 al6 100 Feb 1 Canadian Corp_. Players Foundation Fraser Aug 340 -10 Famous Mar 1,305 35% 100 preferred Nov „1 : 16 50 150 49 34% Ltd Nov 18 .20 pfd. A 12% July 43% Jan 12% 48% 10 Eddy Paper Co class May 35% " 5'/» Nov 15 48% ——0 common Electric 136 Jan * Gooderham & Works (Geo) Feb 125 Feb 19% May • Ltd 135 12% Winnipeg Central Gas T8% 135 13 • Leaseholds 100 135 " : 5% * Ltd Bros Brewery preferred 14% 7% 7% 100 100 • 7% Corp Feb 8 • Tobacco Steel 14 20% 23 '/a common preferred Donohue • common Preferred Tr 10% • & Chemical Tar 15% • Ltd Dominion Textile 4.25 Mar — — — — al5 - 5% 28,4 -- /4 Jan 45 Sep 26% Jan 12% Nov 12% Nov 25 Sep 35'A Feb Jan 26% Sep 59 Apr 68 Mar 40c Feb 1.00 Feb 75c a25 a85 19% 4.30 4.75 37 A 3.25 3.25 Sep 58 23 Jan 33 Feb 5 85 Nov 85 Nov 20% 2,660 15 Apr 20% Sep 4.30 4.75 Jki 300 4.15 Nov 5.00 Jan 400 2.80 Jan 4.95 Jan 100 275 37 Feb 3.10 July Oct 15% July 185 56% 47% Jan 4.00 4.00 50 4.00 Sep 66 10 Apr 25 /a as July Jan alO'A al0% 5% 5 /4 29^4 3.75 13 % alo ^ 45 25 alo **8 Feb 80c 763 75c a25 a85 28,4 25 A 2.25 Dec 500 ■211 -- 4.00 64 38% 19 1.217 2,230 185 11 2.200 3.00 Jan 24% Feb 23 Oct 8 10 Jun Apr Nov 4.55 Mar 11 5% Jan Dec 29% Nov OC7% TV/To* 41 The Commercial and Financial Chronicle 42 Monday, December 7, 1953 ... (2234) MARKETS CANADIAN I RANGE Low Par Newfoundland Ltd Co Pr & Lt Rights — ——— Ltd 5^ (Can) Industries Ltd 111 a56 k 50 15 al0% A—* — red pfd—20 - Quebec Telephone Corp common. R & M Bearings (Can) Ltd class Reitmans a22 — 1st pfd_100 cum nfd C part 2nd N Russell — - Can 6% Power Corp of 6% 10 * — — Low 99 a22 i-iu 1,378 Aug Tache Lake Oct 1.25 Nov Tazin Mines 1.00 50 109 Jan 112 % Jun 30 ,2 55 Aug 59% Apr - 53 7% Jan ' Ltd — Mines Silver Uddlen Ltd Mines Mines — May 18% July 19 % 20 May 130 17% Sep 24 Jan Jan 17 Ltd Co Sangamo 6% Pr A Ltd Western Canada Breweries » 33 20 32 -5 —* . Ltd———: Hotel Windsor 126 JO 4 * * Ltd Products Westeel 127 31/2 10/« pfd—100 —' Oil Pipe Line of Canada Gas cum class Corp Finance Trans Mountain Onion — — Canada Traders Jan 127 1° 20 — ai] — a34 150 Mar 14 35 io? 127 118 1,770 4 Mining Stocks— Mining Corp -* 1 3.20 1 :— 1 • -* 6c Mines )Ltd— Ameranium Lead Anacon — — Ltd Mines Mines Arno -- 2.95 26% Sep Ascot -- — Atlas Mines Ventures Mines 20/2 16% Nov 46% Ltd—1 Mines 1,260 26 Feb 33 Dec Weeden 710 20 50 6 Nov 15% Mar 30 Jan Pyrite & 23% Feb Ltd Metals Boreal Rare 17 Oct Westville 35 2,050 3.20 6c 1.37 July 500 28,000 6c Oct 10 %c Nov 3.30 Nov Mar 9c 5lc 2.25 Dec 5.70 July 3%c Mar Calgary & Edmonton Corp l%c 8c Oct 20c May Canada Oils Apr Canada Southern Oils Explorers Apr 6,500 45c Oct 1.04 Collieries 37c 48,700 26c Sep l-5c 18c 3,500 15c Nov 87c 5,000 76c Nov 4.40 Jan 3%c 8,000 2*/2c Dec 7c Feb — Consolidated Peak 4c Jan 7c 84c Feb 9,200 1.000 2.15 Oct 3V2c Jan Cassiar Celta Asbestos & Dev Mines 1.03 Oct 2.05 Jan 500 2.40 Oct 5.10 Jan 9.35 9.00 9.70 2,075 6.00 Sep 12% Mar " 3.95 3.95 3.95 200 30c 30c 2,000 30c Sep 96c Jan 40c 47c 1,000 39c July 80c Jan 22%c22%c 1,000 22c Sep 1.27 1.45 3,600 Sep 3.70 Jan Nov 1.18 Jan Sep 7.50 Jan Ltd——— Oils Cobalt Cons Ltd:—__ Consolidated 4.00 Mar Del Empire Federated -—• Minerals & Oils Feb 22c Ltd Rio Producers Consolidated Cortez Cournor Mining Dome Ltd Co Ltd Mines ——-.-.1 _ Fab Metals Iron 2.55 Jan Jan Dec 20c Aug 1 * 3.20 44c 3.20 44c 3.25 3,950 3.10 Sep 3.70 Sep 44g 2,000 44c Dec 1.00 Apt- —1 4.20 4.15 4.50 4,400 2.12 * 1.70 1.70 1.70 100 58c 61c 3,100 9c Jan Nov 4.50 Mar Apr 50c Merrill 1.50 Feb National 9.40 Mar Corp Oils Marigold Dec Ltd— C'o Oil 5.10 Ltd—_— Ltd.— Petroleums Petroleums 6.00 Sep 5,000 6%c Jan 21c Sep Pacific Petroleums 3,000 9c Oct 19 %c Feb Phillips Oil New Continental Oil Co Ltd Corp Co Fontana Mines Goldfields Gui-Por 1 - Gunner 38c Jan Tri-Tor Nov 10c Feb Westburne 8c Nov 25c Feb Wilrieh 6%c 2%c Nov Sep 14% Nov Sep 6c 1.02 Iso 3.75 Nov 6.70 1.75 1.26 1.75 1,700 1.05 Feb 30c 30c 2,000 15% 15% 450 48c 55c — — 55c 1,000 29c 23% 3,000 3c Jun 7c 4.35 Sep 9.25 Feb Ltd——* 48c 48c 48c 1,000 * 8.00 Sep __ Ltd— Jan Nov 2.05 Feb 1.45 Jun 48c 33c 33c 1,000 33c Nov 20c 4,000 16c July 61c 19c 19c 500 19c Dec 61c Jun 700 Jan 13.50 Feb 9.10 1 11% 19 %c __ — 9.10 Jardun 9.20 Gold Lavalie Explor 35 %c Sep 3.95 Jan Abltlhi & Power Paper A Acadia-Uranium Gas & 16'% 16% 4,825 12% 26% 1,337 22'% Co Ltd Marbenor Mines Oct 6% 6 6% 610 17% 17 % 17% 265 Ltd 13%c 13c 13%c 7,275 13c 17%c 17c 20c 6,800 13c • 93c 93c 96c 8,000 80c Yellow Knife— 2,250 75c Sep 1.35 Jan 30,995 1.09 Sep 2.80 Feb 5,000 3.05 Oct 3.85 Feb 2.50 1,175 2.50 Dec 28c 600 28c 43c Jan 37% 779 31 Oct 49% Jan 3,772 41% Apr 53% 182 21% Apr 24 30c Sep 1.85 Feb 28c 2,000 2%c Oct 6c Feb Algoma Steei • 37% 37% 10c 10c 12c 10,000 9c Aug 24c Feb Aluminium • 48% 47% 48% — 17c 20c 3,500 50c May 25 23% 23% 23% 100 104% 14c Sep 6c 6c 5c 6c 17% 18 6c 5c — 6,000 12,480 200 .' 35c 22c 35c 1,500 8.00 8.00 8.00 Oct 6c 4%c Oct Mar 17 Petroleums Consolidated Alberta Distillers Pacific 22c 1,000 48,900 25c 22c 31c 5.80 5.80 5.80 10O 16c 16c 17c 4,000 6c 6c 6c 1,000 3V2c 3V2c 1,000 — 1st pfd 12c Jan Jan American Leduc American Nepheline American Yellowknife 49c Nov Sep 10% Feb Sep 70c 12c 1 Ltd Can 2nd Jan Sep 8.65 45c Aug 5c Oct 12c Jan 3%c Sep 9%c Feb Dev —,— Petroleums Ltd- class L _i 5.80 15c A—__2 - 61c 61c 1,000 61c Nov Jan Ankeno 43c 46,000 27c Sep 43c Dec Jan Aquarius 53% 53% 543/4 23c 22c 24c 5,500 1.10 51% 22c Mar 66c 14% 11 11 100 10 Oct 25c 35c 1,000 23c Oct 41c Mar 4c 4c 3,500 3%c Nov 8c Area Jan Mines Ltd 1 Larder "U" Pacific Coal New Santiago Nocana Island & Mines 500 60c Sep 500 54c Aug 9c 9%c 4,500 9c Nov 1 ; Mines Oils Mines 60c 1.01 9c 2.13 2.05 2.24 44.200 65c Jun 15c Nov 5%c Nov 9%c July __ 1 New New 60c 1.01 1 Ltd * Ltd . 50c Ltd 1 17c 17c 1,500 6c 6%c 17,550 19 %c 19V2c 1,500 13'/4c 13 %c 500 — — 20c Dec 54c Jan 60c Jun 99c Aug 16c Sep 40c Jan 20 Apr 74c 79c 22c 20c 24c 44,900 11 11% 300 2.80 3.00 17,525 2.26 5,800 5%c Sep 9,379 4.75 Sep 5 — 2.90 9.15 Mar Mines Ltd.: Obalski (1945) Ontario Pyrites Opemiska Pato Ltd— Co Copper 7c 8c 4.95 4.85 5.20 —50 48% 48% 49 380 48 % Nov 49 13 Vs 13% 175 12% Jun 14% Aug 24c 24c 1,000 24c Nov 80c Feb 19,200 10c Jun 30c * Mines __ L 1 j__ — Porcupine * 10c ' ~~ __ 1 __ 1 Ltd * Mines 19c __ 82c (Quebec)—1 __ | 20c 13 %c 4,500 ". %c 86c 1.15 400 i/4C !38C 59,356 17c 19c 3,000 3.25 14c 1,700 1.15 80c Uranium Cons Gold Mines Ltd 1 Dredging „ 80c 95c Dec Sep l y4c 17c Feb Ashdown 500 4c Sep 10c Feb 20c 9,200 9c Jan 42c Aug 22c 22c 23c 5,600 22c Sep 55c Jan 570 9 Oct 12% 80% 81 70 78 Oct 85 8%c 8%c 8%c 2,000 8c 6%C '' • 1 12 12% 1 Metals Corn Hardware Athona 66c Feb Atlas Nov Atlas Yellowknife 77c Jan class B 12%c 15c 7,300 52c 49%c 54c 19,700 16 16 16% 215 9%c 13%c 101,030 25c May Mines (1937) 1 U%c * Oct 15 Oct 13% 12% Feb Oct 23% Jan 2,000 11c 8c 9c 17,250 7c 6c 6c 6c 1.000 6c 1 25%c Aumacho Jan Aunot Nov Avillabona Dec 3c River Mines Aumaque Feb 3.90 Nov Oct 1.84 Quebec Copper Corp Ltd Labrador Development 1 70c 70c 74c 10,500 65c July 1 12c 11c 12c 10,500 11c Dec 21c 1 Gold __ 1 16c 15c 17c 22,000 8c Jan 25c. Mines Ltd Oct 3l/2c 4c 2,000 3%c Sep 7c 11c __l Jan 55c 90c 29,000 50c Aug 90c Dec 90c Dec Radiore Uranium Mines Ltd———* Rexspar Uran & Metals Mining 1 Rix-Athabasca 1 Uranium Mines Royran Gold Fields Ltdi Sherritt-Gordon Gold Btadacona 8tandard l Mines Ltd 1 Mines Ltd Mines Gold 1 (1944) Ltd Mines 82c „ 1.38 __ 4.40 33c 1.54 96c 4,000 1.38 1,200 1.25 Nov 3.40 8%c 3,000 7c Sep " Sep 10 %c Oct 25c 1,000 2.05 Sep 16.850 9%C Oct 10%c 12c 47c 1,100 47c 3.80 Aug 5.80 1,500 40c 27c 634 27c Dec 50c 500 3c Nov 14c Feb 65c Nov 6.95 6.75 7.00 1,975 5.80 Oct 9.70 Feb 1.95 1.90 1.95 3,400 1.85 Nov 2.99 Jan 'ootnnrps o«ee 4? Investment Bankers Association of America 13c 17.500 SECURITIES 'V: v')* 1 7.%c July 16c Feb Company Limited Association of Canada Mar 6%c 12c 61c -j.; »r, i. Wire system to - D--6 o — WHitehall 4-5335 Affiliates Members: The Investment Dealers' Jan l 13c Gairdner & CANADIAN Sullivan Mines 3.10 Company Inc. Street, New York 5, N. Y. Canadian Feb g%c May Wall 1.45 May 1 Cons 40 20c ' Mar Bteeloy Mining Corp Steep Rock Iron Mines Ltd "'o' 10c 2.000 Gairdner % Jan 1.34 4.65 Apr 8.332 11c 11 %c Jan 8%c 4.40 Oct Jun 23c25%c 2.13 Gairdner, Son & Company Members: The Toronto Stock Exchange Montreal Stock Exchange Canadian Stock Exchange all offices Jun 25c 3.90 Aug 27c __ • 1 90c 26c 11c Jun 61c 2.05 _1 Jan Quebec __ Feb Sep Oct 3.00 8iscoe 15%c 15%c Nov 11 %c 1 Apr Apr 12% 9c 3c 100 Quebec Yellowknife Gold Mines Aug 1.06 1,855 13'% 15%c 2.15 5,000 Smelting & Refining Ltd 30c 19 27c 1 2.00 1.164 Quebec Jan Oct 1 Dec Jun Feb May 16c 8c 1 — Mines Sep 15c „ Jan 40c Atlin-Ruffner Nov 2.45 __ Jan Mar 22c 14c 1 10 —^ Steels 18c 3.30 1 Jan 11c 4%c 18c —100 Feb 2.90 15c Ltd Mines Dec 10c Armistice Ascot Jan 2.45 Dome Jan 4%c Gold Nov 2.45 Goldfields East Jan 19c L Preferred 1.30 1 Preston 8.25 i -J; Argus Corp common 1.68 36c Ltd Perchcourt 21c 1 — ' Rights Orchan ; 5.70 July 7%c Aubelle Nubar Apr 1 Mines Arjon Mines 9,000 Jan 11 Calumet 104% July 24c 79c 1 Apex Cons Res Sep Sep 69% 245 100 % May Jan May * — Anglo-Canadian Oil —_: Anglo Cdn Pulp & Paper pfd Anglo-Huronian 33c — 41 %c 20c 1 » Petroleums 390 103% 104% Oct Jun 4,961 i Anacon Lead Anchor 20c e 1.45 T_50c J : — Feb Nov - preferred Oil 2.00 * common Cons 14c Dec 6.15 —— Gas__—— 21% Aug 25c Formaque Mines Ltd Feb 1.65 Mar 87c 22,100 1 New Feb 27c 1.35 3c • New 48c Oct 3.65 85c 44c 1 New-Delhi Oct Sep 1.14 3c 1 Ltd—. 18% Mar 3.50 — 38'/2c 5 Ltd Feb 1.29 3c Mining Corp of Canada Ltd Mines Feb 7% Mar 3.55 1 40c Mogador Mines Nov Oct • Albermont Alberta 11% ' Monpas 26 % _* Jan 1 Mclntyre-Porcupine Mines Ltd Merrill Island Mining Cor Ltd 16% 1 Apr —1 Mines 6 —* Oil—— Ajax Petroleums 5.20 • Ltd Malartic Jan High 17 Apr 25% • common 16% 25% • Acadia-Atlantic Acme Low • 15% 1 Mining Jan Range Since Jan. 1 High 20 common $1.50 preferred Class Shares Oct 1 Ltd— 1.10 for Week of Prices Low Par Anglo Rouyn Mines Macdonald Range Last Sale Price Jan 1 * Nov 1.70 May 90c Sales Week's Friday ,v 48c 1 1 Ltd- 1.03 Exchange 1,905 1 _ Ltd Mines Mines Copper 1,500 __ 5,500 1 Mines & Asbestos Mines 56c 1 2.10 1 Oils Lingside 50c Ltd- STOCKS Amurex Shore Oct 12% 1 trust Mines Zinc Mining Laiayette Sep 65c 1.90 1 Landover 64c 6,600 11% 1 Lake 17,650 69c 12 Kayrand Ming Devi Co Ltd Kenmayo Yukon Mines Ltd Labrador 85c 65c 2.05 Kerr-Addison & 80c 65c 1 voting Jan 3.85 Mar Sep Canadian Funds Aluminum Lead 80c • 1 Mines Ltd Kontiki 1 Co— 5 Ltd Feb 1.68 Dec 1 Ltd Ltd Mines 74c 1 Mines Mines—--. Mines Jaculet 27,100 Jan 2,500 100 — 2.25 Nov 88c Apr 3c 8.25 Ltd—* 1.65 200 74c 2.12% Toronto Stock Jan 1.53 4.65 8.25 Ltd 40c 5,700 2.14 80c Ltd Oil Petroleums Alberta Lake a45c a50c a50c 1.64 May Sep Nov 3c 8.25 Metals Oct 14 48c 4.55 3c — Jan Mar 13 Sep Sep 2.14 2.40 Mar ii*. 6.90 80c 1 Jan Mining & Dev Co Uranium Jack 1,700 —1 - — Jun 500 — Gold Cons 342 1.40 22% Mar 47c Oils Akaitcho Hollinger Inspiration 8.90 1.30 Jan 1.52 15 %c Mar 500 " Mines Mines 8.50 1.39 2.99 Dec 58c Dec Dec 1.70 4.50 Feb 1,000 45,000 3.80 Mines.. Ltd Mines Gold Nov 4c ——1 Mines 8.50 Oct ——* Petrol-Chemical 10c 3.80 * Gold Mines Uranium 3c 73/4c — 1 Ltd — Empire Oils Ltd Trican 500 3.80 1 Gold Trans 7,625 1,265 : Graham-Bousquet Grandines Jun 24,000 Ltd (1945) Uranium 1.75 July 68c 1 Yellowknife 1.35 Oct 1.40 14% -• Frobisher Limited Giant 1|500 —* -— 70c 6%c Mar Dec 53c Mines 3.40 13.25 14% — 35c Sep 62'/2c — Mines Metal 300 Nov 1 Ltd. Corp 500 6.00 Oil 900 4c 8'/8C 2%c 73/4c 36c 4.00 725 1 —-—— Falconbridge Nickel Mines Ltd-Fenimore — * Ltd East Sullivan Mines Ltd Eastern 2%c 36c 4.00 8,900 1,000 9c 8%c 1 1 Jan 84c 45c Ltd — • 1.20 8.75 3%c July Ltd Mines Donalda Mines Rochette Explorations 1.36 4.00 —1 Ltd.. Petroleums 1.36 73c 1,000 — Jan 8.20 5,600 Cadillac Mines—1 Consolidated Central — 5.95 Sep 84c 45c 1.53 13c 1-51 12c 1 3.40 8.40 45c 1.51 12c 4c — __ 40c 1 • 49,800 5c Oils 1 63c 6.50 13c 9c 5c — Jan 210 Home 54c 6.50 12c 9c 5c . 13% 2,375 1.10 3.80 Gaspe Oil Ventures Ltd—— 55c Ltd- Sep 11 1.10 3.80 10% Feb 4.85 ——1 Mining 1 Candego Mines Ltd 1 Explorers 8.10 Jan —1 Quebec Oils Develonment Chibougamau Jan Apr 2.30 Mining Corp Ltd Century 5.90 8c 1,400 -- Jan Sep 4.80 46c 2,200 13c 80c 3.05 24c Jan 3.10 1 -1 8.15 Sep 650 Dec 5.10 — Oct 54,600 3c 2.90 Ltd— Ltd Corp 1.600 29c 3.50 13c 4.85 Mining Co Gold Centremaque 5.00 24c 6.000 2.90 • * • Jan 2,500 5.00 Carnegie Mines Ltd 43c Feb Nov Ltd—* (Dunsmuir) 66%c Mar 3.20 — • Ltd Jah 4'/2c Aug 27c Ltd—1 Mines Chibougamau Canadian Apr 35%c 1 Ltd Lands 22c 600 3,000 37,700 4c 4c 29c 35c 2.39 2.53 5%c 5'/2c 3c 3%c 13c 14/2c Jasper Campbell Jan 3.25 — : Ltd Oils Calmont Cordasun 9c 24% Jan — 10% 1,450 2,500 9,500 — Sep 1.38 Nov 37c • 2.95 ®/3C,,,?c ^Oc 54/4c Central 1 — 13% Jan 1.10 Oct May Consolidated Ltd 700 3,900 60c 15% 2.05 4.95 Feb Mines 39,850 4.80 Mar 10 % 1.93 — Aug Brunsman 1.10 24c 5c — Nov Dec 5.00 90c 13c 38c Nov 6.80 1 Jan 1 Nov 2.55 100 • Nov ,-1 31 %c 500 — Oils & Gas class A—1 2c Ltd——— 90,500 Jan 2.05 1 — Co Ltd— Ltd— Oil Petroleums Antone Bailey Selburn 23c Mines 38c 3.75 6.80 Oct 1.65 Stocks- 3,000 Burnhurst 'Bouzan Gold Mines Ltd— Feb 2%c 9,500 — 46c Nov Mines 28c 1 Sep 77c 2%c 2%c * vtc—. Mines Ltd——. Bouscadillac Gold Sep 10c Copper Mines Ltd- .1 Ltd— —1 Western Tungsten 2c — 80c 30c -1 Copper Products Ltd Wendell Mineral 25c 35c 2.40 1 Mines Ltd Gold 7,700 4,000 Apr Feb 33 20 ai aJ4 -- — Belville 6c 1 Consolidated Allenbee Oil & Gas——1 Beatrice Red Lake Gold Jun 136,500 34c -- 1 — — — Mines Ltd———1—1 Barvallee Mines Ltd. —.—i'1 Jan 1.10 3.7o 6.80 85c 37c Ltd Violamac 25c Gold Band-Ore 39c Nov * Dec Dec 31% 1,765 -- 8 /2c Corp.— — 1 Metals Corp —-1 Sulphur & Iron Co Ltd —1 Sulphur-Mining Arnora 3.20 6c 19 2.85 High Sep 12 %c 20c 1.44 17c loc 1.30 14c 6.80 1-00 Corp Ltd Hill Keno Anglo-Canadian 1 Alta Mines Ltd— 9c 8c 11,00 J *4c Ltd———* Ltd United Asbestos United Oil A conic Low 2,000 Mar 40 United Montauban Mines Southern 9c 9c 13C 20c 1.44 Range Since Jan. 1 High 10 18 % July 150 a 18 — Goldfields Tiblemont Tobrit Ltd Trebor alO% all al7% al7% 19% 19% a 18 23 1 ---* -1 1 '—1 Ltd— Mines Jan 18% Shares of Prices Lew Par High lor Week Range Last Sale Price Range Since Jan. 1 Sales Week's Friday Shares High 111 a56 a56 4 STOCKS for Week of Prices Sale Price STOCKS DECEMBER ENDED Sales deck's (Cont.) Canadian Stock Exchange WEEK FOR Feb Jan Apr CANADIAN RANGE Friday Week's Last Range Shares STOCKS Sale Price Par Bagamac Mines Banff A Bank of 1 3.45 1.70 Montreal Barnat Mines Barvue Co Baska Bata 37 43 44 43 Mines Ltd__ class * • A Jan 1,040 1.55 1,700 16 %c Buffalo Feb Coniagas Sep 2.10 3,700 700 35 Sep 15c Sep 2.40 10c 10%c 6 %c 2,200 8c 15'/8 47 Consolidated Cordasun Consolidated East Consolidated Gillies 28c 17 % c 16,650 Jan 57c 49,700 19c 19c 2%c Jan 4,715 500 1.00 14 45 13% 7% — 1.87 Apr Consolidated Mar Consolidated 4.15 22,500 20% 7,292 78% 79 45 1.08 92 230 5% 5% 5% 8% 9 17% 18% 18 Vb , 1 Feb Consolidated 52c Peak 11% Jan 17c Feb 20% Mar 13c 13c 15c 74c Mar 11c Feb 1.55 500 1.41 29 %c 26 %c 30c 35c 8c 8 100 47c 2,000 2.05 2.01 2.09 8,440 48c 1 9c 8c 9c 3.35 Consolidated Consumers Jan Conwest 81 Mar 12c 95% Aug Corby Apr Sep 18% Oct Croinor Sep 1.40 Jan Crown 3.25 Feb Dec 45c Apr 21c 12c Nov 93c 11% Nov 23% Apr 2,000 6%c Nov 15c Feb Davison Davis May %c 500 50%c Jan Feb 12 %c Dec 35c Feb Delnite 15,500 Sep 10c Feb Del 35 35% 379 Jan 1.05 39% Mar Nov 7%c Jan 34c 25c Feb 19% 19% 19% 100 17% Oct 22 51% 100 42 Jan 52 Nov 41 40% 41% 304 30 7% 7% 100 Jan 6% 10% 10% 18c 11 Oct 7%c Jan 8,080 100 100% 100 15 41 Vb Oct 50c Jun 7.50 100 15c 18c 1,516 24 25 25% 7,013 12c 13 %C 15c 5,333 Feb 85c Jan 1.00 Dec 22 Sep 50c Mar 34% Jan Sep 9c 11c Sep 35c Feb 11c 6,400 7c Dec 30c Jan 20 %c 21c 24c 63,900 20c Oct 8c 6% 135 5% 28,000 7%c 1.40 Jan 9%c Sep 8%c 9c 3,500 8c 80c 80c 500 41c Jan 8% July 27c Jun « Apr Sep Dec 16% 16% 16% 2,435 14 3.85 3.75 3.85 1,500 3.50 Feb 20c Juna 1.00 Oct 18c 18 %C 6,050 18c Zinc_*___ Jan 16% Oct Dec 5.45 Mar 10% Dec 57c 10 11 3,355 8 Jun 11 9% * 10 1,018 9% Nov 12% Sep ? Feb Nov 1 24c 25c 2,300 24c Nov 50c Aug 1 7%c 8c 4,000 7%c Dec 15c Feb 28c 1,600 27c 25c 110 110 44 108 Aug 33% 1 33% 34% 5,915 27 July 100 1 ___ : 5 25c 50c Dec Sep 115 Mar 34% Dec l_1 7c 9c 4,200 7c Dec 18c Mar l 10c 10c 500 10c Jan 19c class A Feb 16% * 15% 15 % 50 12% Apr * 5 5 125 4% Apr 90c 1,000 70c Sep 23c 10,597 19c Nov ______ _; ____■ Gold Mines 50c Ltd 86c ,_1 20%c 20 %C 1 1.10 1.10 1.15 700 1 1.40 1.36 1.50 16,975 Ltd Minerals 1.10 1.30 July 52c Dec Feb 1.92 Jan 3.75 Oct 1.15 Jan 5% Aug Jan "" 1 18c 16c 18c 13,650 11c __j25c 1.90 1.90 2.10 35,700 2 28% 28% 28 % 3,445 2.50 4.10 4.10 4.30 3,100 4.10 Nov 7.75 Mar * 15 15 15% 1,785 14 Nov 22% Mar _10 32% 32 32% Apr 34 July Apr Nov 45 %c Aug 15 Mar 14% 101 Seagrams (Western)— 11 ._L__. Bank Dominion Dec 8% 45c 96C Sep Sep 2.96 Jan 24 Nov 29 Nov Feb Dominion Dairies preferred Dominion Dominion Foundry ,_____35 Electrohome & * Steel 172 27% 15 25 5c 350 3% Nov 13 • 15% 14 15% 4,483 12% Apr ___100 99 98% 99 80 96% Apr coin Preferred Jan 15 5c 7% Mar 15% Jan 100 Jun 16 Mar Nov 17c 20c 15c Jun 33c 1.08 1.15 9,174 99c 28C 30c 2,600 20c Sep Sep 73c Jan 30,600 35% 84,240 1 Dome Exploration Dome Mines • 12,900 2,000 93C __* Producers Distillers Mar 51% 19C 40c 82c 85c 1.35 Jan 51% 16c July • Devon-Leduc Oils 16c Jan 36c Dec Mines Rio Detta ' 1 80c Nov 37C Mines D'Elduna 8,700 6c * Nov 14c 6% Mines Oils 15c 1,500 Aug 35c 1 B 5%c 9c Jan 2.58 47c Ltd Leather Class > 12 %c 4,600 85c July 1.35 Mar Apr 6,620 12c Jan 1,000 Pershing 39,610 13c Jan 9% 6,200 voting Mills Trust 7c 34 Jan 21c 7,933 A Crown Zellerbach Corp Crowshore Patricia 13 12c 38c 10 & Crestaurum Mar 18c 11%C Jun 15c 1 class Mines Lead Coulee 5% May 12 Oct 4c 1.03 Sep 7 43c 14c 1 Dist Imp 62 %c 62 — Oct 7c Jan 52c Exploration (H) 6 '/2 c __ Aug 14c Sannorm Copper-Man Jan 11% 13 1.80 Jan D'Aragon — Feb Jan 35c , • Gas Jun 10 % 21% Sep Sep 8c 4.83 12% 7c Press 2.10 Sep 12c Sep 5,500 16 %c 45c Jan Jun 7 2,300 8 Jan 3.90 27,600 7%c 8 1 Rochette 32c 29,450 1 Oct 1.55 Oils Consolidated 17% 3,400 Flon Mar 50 Consolidated Western Petroleum.. 6% 446,210 2.20 1 17c 150 Orlac Consolidated 4.60 8,241- 37c 2.17 .___* Nov 7 Consolidated Nicholson Jan Jan 5.25 Feb 2% 315 46c * 8c 4.00 • Nov 16% 3,675 2.20 — 1,500 7 7 1 Nov 87 92 1 Jan 16% Mar 4.00 Mines Dec 76 90% — 14c 1.50 Oct 4c 1 1.90 1.30 July 3.70 20% * Sep Dec 9% 25c Howey Nov, 7c 3.90 1 10c 1.25 75c ____1 Guayama 15% Sep 18 20% ■ 235 11,500 Mining & Smelting 1.15 1 4,800 10% 10c 1 Matarrow 3.25 ;___i 30,363 80c 10 Jan :—1 — Consolidated 14 * Flin Apr 1.60 75c 11,700 Oil Arrow Consolidated 1.05 1 Calgary Power preferred 2.40 1.45 Feb 3.05 9 ♦ Jan 32c Lake Mines-- Jan 1.15 -w C'aliinan Crest Apr Sep Sep 3.00 Sep 23,900 Calgary & Edmonton 14 %c l 18c 30,500 100 Calder Bousquet Sep 10 1 20c 4,000 12c 10,500 Burrard class A 5c 4 %C Oils 8c 9 %C 19 __ 2,519 1.55 1 7Vic 9c * B 8c 4C Discovery Jan 9%c 1 Burlington Steel Burns & Co class A Jan 6%c • Consolidated Nov 16 1.89 Knife 5.05 1 Sep 14c Dec 19 Hill Sep Jan 33c Sep 15% 1.68 ! 3.00 30C Oil Nov 1.00 5%c 56,834 _ 400 31c Astoria 7%c Oct 31,000 25c 26c 1 Lake 3.40 4%c Consolidated Bakeries 5.00 9c Smelting 4.40 Mar 5 Allenbee Consolidated 72c 8% Gold 1.40 Jan 3.25 1 Jan Dec ._1 Mining & Nov 72c _____* Jun Jun 7% Ltd Yellow Pete 72c Nov 1 Mines Jan 50c 1 Mines Cosmos Ltd__ 23c 4,300 31,500 36c 1 40 19c • Jun 6,200 53c 1.18 1 National Consolidated 35c Products Class Conduits 7,100 ; Canadian Bulldog Commonwealth Jan 36,828 • Mines Red Jan 8 60c 11,135 16c 4.55 7%c Ankerite Bunker 39 % 8c Mining Building 39 15c 7% Mines Buffalo 49c Apr 30c 1 Power Buffalo Nov 6 2,900 4.50 pfd—T-lOO 4% 83c 31c 1.08 ' I23 Feb 46c • Copper 18c 530 70c => Empire Oil class A Buffadison 1,959 Coldstream r' 39"% 100 Columbia Brunswick 18c 7 % 67c __i preferred Brunston 18c 7 % 18C Oct 1.95 Mar 15c 33c 1 Colomac Yellowknife 1.10 May 42c British Columbia Forest Products British Columbia Packers class B Brunsman Jan 11% Sep Jan Jan 45 35c Oil Sep 5c 1 High 1.10 ' 1 Elec Brunhurst 49c Oct 5 26 %c Petroleums Reef Sep Nov 31 41 Feb Consolidated American 22,000 1 15c 67C i preferred 134,050 5%c _1 Mining Corp 12,500 41 » ____ 1.70 5c Willans 15 %c 17 % c 43c 10c ordinary. 1.62 Cockshutt Farm Equipment Coin Lake 31c 15% Lake Columbia Broulan Cobalt Consolidated Sep 276,000 Sep 3.10 British Bmish Feb 1.63 30c A Ltd 1.95 57c 41 ll ~Il IIIIIIl cl iss 1.04 Low 1.64 1 14c common British British Explorers Gold 7,100 35c 17 %c __. 9% 5%c 1 Consolidated Golden Brilund Mines Ltd 4%% Jan 39 %c Petroleams 100 1 Mines 17c 7%c Traction Britalta 16c 45c \ IT G) Sep 1.30 1 Bordulac Bright 40c 1 Mines Bonville Gold 11% 50c Mines Range Since Jan. High Apr 4.20 ♦ * ___ Mines Bobjo Red 1 1.55 Dec 1 . Ribbon Corp Brazilian Citra-Lartic Jan Shares 11% * Research Chesterville Cochenour Bldgood Kirkland Brewis Chromium 45 1.50 15C Cord Sep Apr 1.45 .25 25 Gamma Mines Bevcourt Gold Brantford Chimo 1.05 a Beta Bralsaman Chibougamau Dec 11,700 a Mine Nov 44 14,865 Mines Boymar Bralorne 36 VB Oct 70c II* Telephone Blue Jan 38 38 %c 1.70 • Hill Yukon 31 % 425 1.35 * Belleterre Quebec Blbis Chemieul Cheskirk Jan 60c * ♦ Lodge Bellekeno Jan July 12c for Week of Prices Low * 3.00 1.50 * » * Wines Dec 60c Beatty Bros Bell 5.80 Chateau-Gai Oct 1.65 l Par Feb 1.33 Beattie-Duquesne Beaver High 42c Sales Range Sale Price 1.33 Ltd Power 37 Sep 1.70 355 36 Week's Last 1 6%c 793 42 Mining__ Petroleums Bathurst 900 Sep 2.95 5,950 43 Ltd Uranium 12c 20,971 1.90 6 V2C 43 % !_!" Metals 3.60 1.70 io __ Mines Barymin Base 3.25 4 Friday 3,750 6 %c 7lo Warrants DECEMBER STOCKS Range Since Jan. Low 16c io Toronto MARKETS ENDED Sales High 15c __i Bank of Nova Scotia of 16c 50c Oil Bankfield Cons Bank LOW 1 Bailey Selburn Oil & Gas class WEEK for Week of Prices FOR Mar Dominion Magnesium Jan Dominion Scottish Oils : Oils Campbell Oil * .____ & Gas 3.90 4.10 9,030 3.25 Sep 6.65 Jan Dominion 2.95 2.95 3.15 12,750 2.25 Jan 4.60 May Dominion _1 6.95 6.90 7.20 2,670 84% 82 84% 1,270 20 28% 28% 28% ___* 4.25 4.25 4.25 • common Preferred Canada 4.00 Crushed Canada Oil Stone Malting Canada Cut & Southern Warrants Feb 1,500 4.00 Oct 52 60 2,450 2.00 400 1.30 Oct 37 37% 65 33% Jan 32 32 >/8 400 28% 57 57% 139 49 Oils ___1 _ - * _ _ __ 9.50 _ 9.00 9.90 2.60 2.75 78 % 80 65 Oil 49% Canadian Bank 5.05 43% Jan 47 Feb 10% 11% 2,060 10% Sep 16% Jan 19 18% 19 7,135 14 Sep 19% Nov 8 7% Apr 21 * Coal 35 May Nov Sep 12% Mar 1.25 Sep 3.00 May 49% 65 46% 35c 42c 14,931 24 %c 4.10 2.290 2.85 Sep 32% 31% 33 2,305 28 % Jan Jan Oct 82 Jan 50 Apr 95c Feb 6.50 Mar Donalda Canadian Breweries Canadian Canners Canadian Car Class A $1.75 « - Canadian • : common Celanese -20 . • common __ — preferred Canadian 25 Chemical Canadian Colleries Canadian Decalta Canadian & 61c a 21 20% 21% 3.215 Apr 21% Nov 28% 29% 1,115 23% Jun 33 Jan 18% 17% 18% 975 15% 19 46 19% 855 16% 25% 22% 26 2,115 21% Nov 30% 30% 30% 185 30 Nov 1,195 8 Sep 19 % 18% 8% 8% 8% 4.90 4.45 5.30 55c 55c 3,166 58 %C 30,850 2.20 Sep 20% Mar Jan 34% Aug 14 5.30 Jan Dec Fairbanks Canadian Food a . . . 100 Nov 1.51 Jan 45 Jun 55% Nov 23 15 22 Jun 25 3.00 * common- Jun 42c 95 23 23 A Preferred 50c 20,750 54 3.15 500 3.00 Jan 4.00 Feb 6% 150 5% Jan 8% Jan 86c 1,835 7% Sep 9 21 190 19% Jan 21 Dec 8 435 Nov 11 Jan 2.50 2.55 250 51c 67c 629,055 18% 7 140 2.00 45c 15 Oct Canadian Canadian General Securities Gen Malartic Canadian Oil Cos Warrants 87c 5% Electric ;_ 58 56 class _ B_ — 58 35 47 __ - _ Gas 416 112 112 17 35c 36c 3,675 12% 12 12% 265 1.70 1.75 1,615 151 155 45 144 100 100 30 97 90c 1.01 16,150 — .100 - -100 & 16 1.75 * _ - 600 112 — preferred Oil 600 1 __ common preferred Canadian —50 a _ Reserves 1 Sep 62 Mar Jun __ 90c 35c 12 1.30 90c Jan 600 Nov Dec 112 Dec Nov 55c Jan Sep 15% Mar Oct 3.10 Feb Jan Dec 155 101 v1.77 Sep Canadian Pacific Railway Pipe Line Products 25 — Canadian Vickers Canadian Canadian Cariboo Cassiar Central Wallpaper class 22% 23 East Amphi East Maiartlc Mines 9,100 30c Sep 96c Jan 12,200 25c Oct 58c Feb 47C -_1 Rim 304,900 3,000 1.80 Nickel 1.86 91C 81c 91c 13,900 3.80 3.75 3.85 3,710 1.24 1.24 1.35 28,800 5% 5% 600 6 % 6% 110 24% 24% 50 Mines. Metals Steel • Eddy Paper class A 21c i__ 1.52 1.65 14,600 Gold 1 _ Corp Explorers — • Ltd — 18 18 18% 6% 'l.50 6% Elder 22 22 22 1.45 70c 3.75 45c - 1 - 37 %c 40c Leduc Central Patricia Centra] Porcupine Centre Lake Centremaque Oil * _ 1.55 __ 6.50 3.95 1.33 2,600 1,265 91C 1.00 July Jun 6.80 4.20 Sep Sep 32% Jan 2.30 Mar 19 Mar 5% 7,915 3.80 Nov Aug 8% Sol __ Oct 3.30 Jan 1.50 Feb 91c 4.05 4,900 3.20 Uranium Gold _ 1.65 1.62 1.75 9,625 70C 78c 5,500 70c 16c _ 15c 16c 3,700 15c _1 1.15 1.05 1.20 8 %C 8%C 9 %C i Oils : For footnotes see page 45. 1.40 21,600 1 5,500 Chamberlain Oil Charter 16C • Feb Sep 1.65 Jan Nov 6.80 Jan ir Jan 2.45 Mar 8% 5% Jun 6% Nov Oct 27% Mar Apr Glacier Estabrooks Estella (T H) 37c Dec Oct Sep 9.50 Mar 6.00 1.28 17C 2,500 1.20 -1:31 10,350 1.03 23% Mar 78c Oct Feb Mar 28c preferred 25 7c 7%c 9,000 15c Feb 7 %C 5,000 5c 16c May 26c 29c 2,550 22c Aug 65c Mar 19 Mar 21% 6c Sep Jan Sep 19 52 23c 21c 24c 19,600 21c Dec 1.00 Feb 66C 62c 74C 24,900 48c Sep 1.55 Jan • Ltd 19 1 1 Mines Eureka 21 7 %c 7c * Gold 15% Corn Falconbridge Nickel Players Famous Fanny Farmer Fargo Oils Federal , Ltd Grain _25c class A Preferred 1.57 • 5,405 21% 1,617 21'A 170 1.52 1.60 13,000 19% 1 16 20% 21 Vb * - 20 429 15% 26% 20 Federal Kirkland 13 Sep Sep 1.20 15 24 150 26 % Federated Petroleum Fenlmore Iron Mines___ E warrants 23% Sep 18 19% 5c 21% Jan 27 Jan Jan 3.25 May Jan Mar j Jan 21% July 25 Nov Oct - 13c Jan 7%c 7%c 13,500 3.75 4.10 125,405 Sep 7.50 Mar 55c • 1 7%c 3.95 1 47c 56c 92,300 47c Dec 1.54 3.10 21c 21c 22c 3,500 15c Nov Fleet Manufacturing • 1.05 1.00 1.15 4,100 80c Sep Ford Motor • 64 62% 64% 17,001 59 Apr 12% » Foundation Cos class A Co Frobisher Ltd 15% 16 576 101 101 5 4.55 4.50 4.70 19,355 70c 65c 70c 1,500 92 92 93 40 r. debentures Jan Gaitwin Gas Exploration Power When common Sep 4.30 Dec 20c 38c 2.25 Apr Aug Feb 21 20% 102 % 103 Jan Jan Sep 9.20 Feb Sep 2.20 Feb 92 Dec 16c 40 Sep 50c 2,000 100 18 103 50c 1,255 20% 70c Mar 14% Aug May 4.10 30,400 20% " * Jun 68 13% July 100 4,800 74c 1 distributed preferred 5%% preferred 24c 62c '20% 20% Exploration of Alberta Gatineau 11 50 16 101 * common Warrants 47c 12% * 100 common Jan 1.20 1,300 6.45 14 70c _ ______ 3.15 Sep Sep 24 5,750 1 El Emerald 5% Central Oct July 4% 90 38c 20 Mines Fraser 21% 100 1.65 1 * 89c 12c Sep 7%c Sep 11,200 1 1 Sullivan ,Mines 1.82 61c 10c 10 %c 1 East Eastern 35c 1 East Eastern 32c 26c 27 %c 57c Dyno Mines Preferred 3,499 1.52 3 B Williston Minerals Asbestos 22% 1 * Dec 32c Dec 1 Canadian Feb May 18% Jan ■ Canadian 5.00 94c Sep Jan ' ' _ common Products 65c 66c 52% 6% • * _ Jun Jun 17 Sep Sep _ Petroleum Dredge Canadian Class 3 — 12% 26c 1 Dec 29 % • common Devonian Canadian * Cellulose- (Dunsmuir) Sep 8% 18 Mines a 33 9 9% May 7% 10 • 910 20 • 3.00 Mar 58 Apr ■A a a Apr 5.35 73 10% • common Oct Jan Jan __10 of Commerce-*. 7.00 54 Feb 3.85 • , 100 Apr 38c Oils— Atlantic 25 46 Feb 39 3.85 _ Admiral Canadian Oct 2 _ Canadian Feb 2.40 2,500 78 % 50 14,785 2.75 - common ._ 20 _ __ & Stores 12% 11% 46 29% May 3.80 37 Mortgage _ SS Lines Preferred 26% 52 * .__ Permanent Canada Canada 250 3.70 A class B Canada 87 1.95 Packers Class Steel 12% 11% common . Jan Apr 52 • 10.50 72 3.80 , Lands Warrants Canada 6.80 Nov • Invest - 1 .50 Preferred 1 Lake Cement 2.12 1 Chibougamau Campbell Red Oan.ida 1 : Cons .50 • Calmont Calnorth Calvan Sep 20 Vb May 20% Nov 1.20 May 60c 1.80 Apr Jan 22 % Mar 20% 100 Feb 106 100 Feb 110 Dec July Oct 1.32 Mar Sep Nov 30c 1.23 Jan Aug Nov 8c Oct 11c Sep 95c Sep * » —2.10 Mar 19 %C Feb General Bakeries General 108 100 ♦ Dynamics General Petroleum Class A common 5 % 33 33% 120 31 July 45 57% 58% 312 52% Oct 68% 5.25 5.55 800 4.75 Oct 8.50 Jan S|ep 7.50 Jan ] 1 Jan Jan 5% 5 - 45C Mar 4.90 500 6.00 58% 3 General Motors 10 108 . 5.10 4.95 5% 5.20 ' 1,600 / 4.40 May Feb Ii.' <1 The Commercial and 44 Financial Chronicle...Monday, December 7, 1953 (2236) CANADIAN MARKETS RANGE WEEK FOR ENDED DECEMBER 4 stocks Week's Last Range of Prices Sale Price Gold Glenora —: — Bousauet Mines : Lakes Paper Grandines Great -— common Development Great West Coal Great West A. Saddlery class Lead Gulf Gold Gunnar — Gold Lake Gwillim Cotton 1.00 3c 4c 8,200 3c Dec %C 2,000 3%c 5c 2,510 3c 4 99 99% 50 48 48% 109 33% 32c 36%c 31,100 18c 18c 20 %c 8,650 20 19'% 20 4.225 6.25 6.00 6.70 2,050 6% 6% 6% 1,090 21 21 21 15 5.95 5.90 6.30 5,825 Feb Feb Jan 12c Feb Marbenor 10c Apr Marcus 88% Jan 100 Nov 47 Sep 49 May 30c Nov 1.45 Jun 16%c Oct 61 %c Jan Jun 15 Sep 21 Jun 7.10 Jan 6'% July 10% Sep 3.85 Sep Jan 8c Mar 26 Jun 8.45 31 %c Mar 12c 8,500 9.35 34,145 2% Jan 13% Feb McWatters 6c 7%C 12,500 3%c Jan 20c Feb Mercury 34 34% 290 32 Apr 39 14 280 12% Oct 14 Dec 6 %c 11c 902,860 2c Jan 11c Dec Meta 9c 18% 19% 1,615 13% Jun 19% Aug 17% 500 17 Nov 21 % May 9 19% 10% 3,800 7 Oct Jan 20c 21 %c Nov 21c 20c 3,600 12 %c May 9%c Nov lie 10c 11c 4,700 1 22c 21c 25c 52,500 Mid-Continent Midland 6%C Jan 44c Sep 25 %c May Mindamar Sep Oct 9%c Feb 22c 21 %c 24c 11,700 17c Sep Sep 65c 34c Jan Moneta Feb Moore 2,000 250 12c 27% 28% 24% Oct 12 12 12% I,746 11% Oct 15% Feb 8.50 8.00 8.50 7,157 6.30 Sep 13 Jan 25c 22c 27c 59,224 9c Jan 30c Feb 4%c 4%c 2,300 4c Oct 8%c 570 20% 20 20 Preferred International Nickel 43 40 42 400 1.70 1.68 5,914 42c 43c 12,500 123 • 100 —30 2 —1 123 20 23 23 23 78 7.00 6.90 7.45 2,100 10c 12c 51,000 42c IOC 17 Apr 20% Aug 1.50 Sep 3.40 Mar Corp International Petroleum Brass Morrison —.— Jack Pipe Line Mines————50 Gold Ltd Naco Waite Mar Jellicoe Jan 110 Feb 125 21% May 32% Nov 12% Jun 27c 5.70 10c National Jan National 29 9,726 25% Nov 36 Jan 2,054 9% Jan 11 % July 400 5% Feb 6 24 % 190 4 %C II,000 Jan 23 3%c Jan Steel 36% Mar Feb 98 33% 33% 365 38 % 38 38% 540 2.09 1.85 2.10 16,870 16 400 15% 16 150 33 33% 100 100 100 10 35% 36 9,514 127% 128% 115 33 128% 30% Jun 36 Sep 40c Feb 15% Sep Jun 27 94 Apr 35% Nov Feb 127 19% 968 18% 20 20% 6,576 17% 25c Jan 36 % Mar 39 5.10 Jan 34% Dec 100 46% Jan Jun 131 25c 1,000 25c Sep Sep Mar 30 Apr 17,700 4c Jan 22c Jun 9%c 1.000 8c Aug 12c Apr 11c 5,000 Sep 24c 3.20 3.25 11,850 1.95 Jun 5%c 19,566 47/eC Jan 16.100 16c 18c 13c 14c 9.500 31 %c 35%c 26.960 17c 3,300 2,200 Kayrand Mining 6%c 6c 7c 19,500 22 22 22 125 New New New 7c Gold 3.75 Sep 16c Apr July 1.19 Sep 7c 8.000 6c Dec 17% July 6%c Sep 1.40 Sep 1.60 6.100 18% 3,660 17 Jan Mar 9%C 9,850 6%c 60c 62%c 1.600 57c Sep 9c 9%C New Jason 1 Gold New New New Mylamaque Explor Feb 13%c 23 July New Mines Ltd Lac Mines. — New Richfield Feb New 21% Aug New Jan 39c 1.53 Jan Dec 78%c 8'Ac Oct 35c 44C 40c 45% 21,200 40c Nov 50c Nov 1.15 1.15 1.20 5,300 1.00 Lingman 5,744 8.00 1,500 65C Mines 17% 8.00 „ 68c 10,100 65c 15c 18c 17c 18c 11,000 18c Lake Osu 18c 22c 3,775 Sep 17 17% 17% Labrador Mining & Exploration 6.10 18c Jun Sep Sep Sep Sep 2.10 Feb 18% July 11 Feb 1.80 54c Apr Feb 51c Petroleum New Lake of the Woods common. Leitch — — —. Gold Sep 8.65 Nov 39c 28 % 175 1.60 1.70 ■ 5.20 587 2,600 1.70 600 1.50 Oct 3.75 3.85 289 3.50 Nov 5.40 Jun 51c 28% — ' 16 %c 16c 18%c 63,175 22c Jan 28'A 15c Dec 7% May 33 Mar Feb 3.45 Mar Jan 100 7c 2.500 5%c Jan 9c Nov 4%c 2,000 3%c Jan 9%c Feb 10 13% 14 300 Jun 14% Feb 6c 6C 6%c 5,000 5c Oct 12 %c Jan 58c 60c 1.100 55c Nov 1.09 7%c 8c 7,700 7c Sep 17 %c Nib 13 class 37% Class B Lomega Gold Long Island Petroleums Lorado Uranium Mines Macassa Mines MacDonald Macfie 6c Jan 37% 710 36 Apr 41 176 37% Feb 5c 16.200 37/aC Jan Jan 13c 16c 4.900 8c Sep 30c Mar 95c 1,142,600 22c Nov 95c 1.45 1.50 4.020 58C 61c 12,925 13c 28c Mines Mines. For footnotes see page 45. 10% Jan Sep 62c 1.95 11 475 100 40c 43c 2,300 21c 18,044 13% 18c 14'/4 125 2,726 21c 25 25% 24 % 24 % 40 5% 5% 200 31c 30C 31c 2,200 25 Sep 13% 20c 1.20 Sep Jan Nov 1.95 19c Apr Dec 4.55 Jan Jan Jan Oct 14% 8 Oct 16% 40c Jan 56c 17c Nov 13 Sep 9.85 Feb 1.35 Mar 15% Jan 22% Oct 27 % Apr 23 Feb 26% Apr Oct 9 Jan Sep 77C Jan 5% 26c Dec Jun 11% 11 Jun 13% 25c Sep 84c May 493 10% Oct 14 May 165 26 Jan 27% 9% 11 % 190 11% 12 235 30c 30c 30c 2,400 10% 12 27% 27 % 27% 7% Jan Feb 8% Mar 7% 100 7 Ve Jun 1.60 1.70 8,500 1.60 Jan 2.99 Jan 27% 27% 1,640 24% Sep 27% 10c lie 4,000 9%c Oct 29c Apr Feb 2.11 7% 1.70 Feb 4.65 2.20 21,210 1.20 Sep 12 %c 13 %c 9,700 8%c Oct 29c 39c 46c 259,500 3% Jan 52 1.25 1.40 1,525 43 %C 2.15 68,648 60c 60c 1.40 4,150 8,473 50c 1.20 57c 55c 64c 63,050 99 %c 21 %C 2.80 40c 1.60 Sep 1.20 1.90 Oct Nov Sep 1.10 1.30 Feb 2.92 May Oct 1.33 Feb Nov 2.25 Jan 50c Nov 1.51 Jan 1.20 Feb 34c 2,400 15c Oct 1.07 436,050 45c Sep 20 %c 22 %C 25,450 18c Oct 2.80 2.95 5,735 40c 45c 5,690 25c Sep 55c Oct 5,500 12c Jan 48c Apr 17c 15C 17c 95c 15 %C 15c 22c 18 %c 20c 2.45 Sep 1.71 Nov Jan 70c Jan 3.30 18%C 20c 10c 6,898 8c 10c 18c Nov 55c Feb 9.200 10c Jan 82c Jan 11,100 20c 21 %c 7c Julv 20c Feb Feb 6%c 6%c 1,000 5c Sep 16 %C 15 %c 17c 5,100 13c Nov 80c Apr 7c Oct 23c Apr 1—fl 17c 8c 7%c 8%c 18.500 2.03 2.24 254,761 17 %C 17c 18C 6,100 6 %C 7 %c 16,050 3%c Jan 24c 7 %C Feb 27c Nov 87c May 79c May :r±i 15%C 19c 4,600 £.1 45c 45C 46c 19,700 -.1 32 %C 31c 33c 39,020 12%c Jan 17c Oct Sep Oct 40c 30c Jan Apr 9%C Feb 6%C 6.000 6%c 9c 61,000 4c Oct 14c 5c 6%C 3,033 5c Dec 11c Feb Jan 5%C 7%c Ll Apr 4 %c Feb 2.95 40C Feb 17c 21c 22,625 8c Sep 35c 7c 7c 2,000 4c Jan 12c Feb 12c 14%c 17,700 10c Sep 35c Jan 14 %c 14 %c 500 12 %C NOV 31c 1.90 18c ;rl 2.05 1.95 2.05 3,484 14c IOC 15C 126,200 Feb Sep 4.10 Jan 8c Jan 16c Sep 3%c Jan Mines 41 Ll Ltd Mines Gold Nor-Acme 5c 5c 6%C 1.44 1.44 1.44 968 1.40 Sep 10c 9c 10c 7.500 8c Nov 56c 60C 1,000 56c Dec 1.05 62 63 2.495 62 Dec 78% Feb Mar —— 62% Mines1 Noranda -il —__-il Nordon Corp Norgold 5,500 13%C Aug 15c 15c 15c 8%c 8%C 8%C 12c 12 c 12c 2.60 2.50 1 2.35 Mar 36c Feb Jan 500 8c July 17c 1,000 4C Jan 22c Feb Oct 29c Feb /' Norlartic Mines Mining Oil Norpax North & Ltd Mines Oils Canadian . 2.430 2.42 5,333 8e 2.00 3.600 1.70 1.72 Sep 4.25 Oct 37c Sep Jan Mar 3.05 May Jun 8c 8C 8c 2.000 7c Sep 22c 1 Gold Inca 1.72 1,000 2.65 10c 10 %C 1 North Denison North 1 -• »1 -* 11c 15%c 15c 17c 54,600 6'Ac Jan 30c Sep 6% 6% 400 6% Apr 9 Aug Trinity Northern 24c 28C 11,600 Jan 63c Mar 1.70 1.70 100 L* Oil Star North Mining Empire Northland (1940) Mines *1 11 ll 24%c 22c Jan 1.50 Jan 10c Feb 80c Apr 5 %C 7,500 13c 13c 14c 8.750 11c Jan 47c 46c 55c 20,000 46c Dec 7 7 25 6%c 6%c 11.000 5C 5c 2.00 Mar 4%c Nubar Nudulama Obaska O'Brien Ltd Mines Mines : Mines Ltd Gold — .1 Oils C%c 59c 66c 3,935 11%C 14C '15.000 8c 7c 8c 16.300 1.7-5 1.75 1.95 6,850 59c _i* .« Selections Olcalta _• .,1 Ogama-Rockland Oil _* Ltd Wood Lake jJi __90c ' 1.05 May Oct 6% Sep 9 5c Sep 13 %c Feb Sep Jan 1.15 Feb 17c Feb Sep lie Jan 56c 4%c 5c 1.50 Sep 3.45 Jan Dec 60c July 46% July ll%c 71c 1.50 — Gold 46 Sep 16c Mines MacLeod-Cockshutt 37 16 %c 80c Explorations Mackeno 8,200 10c 4 %c A 10c 10c 40 Groceterias Nov 42,600 -41 -5 Yellowknife Nipissing Oakville Loblaw Oct 84c 2.10 Jan — ___ 9 Dec 1.95 10% Dec Aug 2.00 11 Dec Nov 5.75 Jan 8c 13% Lexindin Gold 49,890 5% 70c Sep _1 Thurbois New North Jan 9% 7c 9% . 600 84c 4.50 38c July 4%C —— Mines Lencourt Gold 1,018 8% 3.00 Mar 7c ^ Normetal . 5% 70c Sep Oct 20c 10,900 -Ll Senator ——.>21 Superior Oils of Canada -Ll Feb 6.10 5.65 22c . 2.00 8% _£.• Rouyn Merged — Ryan Lake Mines Nisto 22c 22%c 6.00 Lake Wasa Mining Mines Mar 9,500 8 %c 'Feb Secord 64c 1,000 133,444 28c Jan 38c Lavalie Sep 23c 4.50 22c 7%c ___1 Oil Pacalta Feb 2.500 Laura 20c 22c 4.15 Ll Gold Norzone New 2.25 8,850 Lapaska Jan V 18 %c 40c . Jan 2.50 7c New 9'Ac Lang & Sons.. Lapa Cadillac 12c Oct 2.12 Marlon Gold Jan 38c Mines Sep 90c 7%C , Mines 3.15 Mar 8%c Mines 5%c 1,000 £-1 U Larder Morrison 9c Luz 17,500 —-.1 Laguerre Mines Moslier Long 38C Lamaque Gold Landover Oils & 7c 100 L* Kelore New Lake Mines Jan May v 95c rl Malartic Hugh New Klondike-Keno La 16c 95c ;~1 Higliridge New Kirkland-Hudson • Jan 69 40%c Aug 6%c -f* Goldvue New Feb 30c 15c 1.51 Mines 6%c 1,100 I New Nov Sep 20%c 17% Shore 9.000 24,000 Xl — 40c Jan 1.51 Lake Mar 1 48c 6%c 17% Lake Sep 30c 32c »- New Dec Oils Dufault 51 % .1 Petroleum Dickenson Mines Warrants Jan 55c 16c Kerr-Adidson Lake 11c 1,255 56c (Ll, — New Fortune Mines May 1,500 4,500 X* Oil — Devon 31c 13c 1.93 Petroleum Davies Delhi Jun 35c |J Mines Development Continental Jan 96 9c 11%C 1 Calumet Concord New 38 % 54 % Sep Apr Jan 13c 1.85 British Dominion Oil New Newnorth Kelvinator Nov 81 Feb 8c 5 %C - (John) Ltd 34 14% 41 New New 7%c 1.55 Labatt 90 ———.—Li Oils Mar 29% Mar 35c 10c 16C 2 87 t New 9%C — 13C Copper 23% 2.18 July Feb 18% Nov 7c ■ Kroy Oils Ltd 1,525 Oct Aug 1.05 ' 19% 19% 20% 17c Kristina 27% —Jl Bristol Sep 1.45 Kirkland 25% I Bidlamaque 28 3,20 Mines Sep 25c Uranium Labine Nesbitt New 95 17C Keyboycon 30c 1.80 —250 Mines Negus New 30 1.45 Kenwell 15c +■ B Car— Jun 9c 1,665 Jupiter Oils Ltd Kenville 3,899 Nov Dec ft. Petroleum Feb 24 % 96% 5%C Mines Ltd Jan 20c 14% 2i Alger 33% 33% class Hosiery New 96% Gold Jonsmith 10'A 11 6% July 24 10c Joliet-Quebec 82c Oct 7% 28 %c —f • Jan 33% Ltd Oils Joburke Oct 11% i Preferred Newiund Jet 2bc 4,040 74c Grocers common Apr 10% 6 — (1939). 1,000 8 8% com National Explorations Ltd National Nov 4C Mining__. Oil Mines Jasper 31c j$' May 10 % 33% Chemical Drug & Preferred 58 27% 24% Mines Jaculet Nov 25c —i _____ 65c 36 % 29 7%C — 18c 40c 22c —— Oct Apr ' Jacknife 7% Nov 12,300 2s: .—. Dec 31 % 10% Mountain Island 45C Feb 9%c July 5% common 36 515 35% 357/e 5/10 Interprovincial . 42c 36% 36% 25 Co common Preferred Ltd preferred 4% National class A ——-—10 Metals International 40c Jan Mar 17c 7%c 4.25 1 1 * f Porcupine Feb common—. International Bronze Power pfd 1,000 common Monioco Petroleums 30 100 1 1 — 1,155,815 8%C 8% 90 43c 10% Montreal Locomotive 15c 12c 15c New Acceptance 31 %c 43c Jan 1 preferred $1.50 preferred $2 preferred Inspiration Mining Jan —• Mining Corp Monarch Knitting 8c 4%c ——' $5.00 Apr 4%c * common 11,125 Lake Industrial July 80 95c * • 10,600 ————£1 — 7 13 6,000 53 Brick 8%c .100 preferred — Minda-Scotia 5%c Imperial Bank 10 Imperial Oil — • Imperial Tobacco of Canada ordinary_5 4% 925 11c 1.80 Milton Jan National Preferred 7% 86% ; * 8c • • 1 . 7% 86% 5% Grain.— 5c 1 Porcupine Dec 12% Aug 35c 13.50 * Petroleum 5C Howard Smith Paper common..——♦ Indian ——: Pacific & 19 %c 1 paid — Husky Oil & Refining Ltd Hy-Charger Petroleums 16 13c 1 1 1 Preferred 29%c Sep S & Erie common.— 10 Light & Power common Mexican 8c * 20% Feb 16 16 7c Mines Uranium * * & Smelting — Island 1 Mining 7%c 9%C * 1 Hoyle Mining 1.95 Jan _— Mills Mill City 1 Oct 2c July Sep 5c Dec 6%c 48,200 10% 1.34 8,500 87 —1 1 Merrill Petroleum Merrill 7,875 26% Mar 14 34% • Hugh-Pam McMarmac 10c 47.650 —. Bay Lake Red Lake Gold Red Apr Feb 1.40 4 %C 17c * V 5 >: Mclntyre Porcupine 19%c 3c 30c 1°0 — Jan 7c 2.25 July 1.35 7% common —— 9.00 9,000 42c Frontenac lie Jun 8%c Oils Ltd ——-—— Massey-Harris-Ferguson Ltd * Maybrun Mines ————— —— 9.25 6 'Ac 1.35 41 %C Marwayne McKenzie 4,850 9%c 1 -I McDougall-Segur 20 1.79 7% — —————.—— Preferred Jan 1.75 86% *%■ Feb 4.25 Jan 20% 16 Marigold Oils Ltd McColl 20% Jun 1.35 ——10®; Malartic Gold Sep 15% | — Mines Maralgo 9c 16% 2,390 3%c aJ Preferred 175 18% 9 %c 10 %c * :_ High 19 18% 1.75 1 — Gardens Low 18% * Maple Leaf Milling common.; Jan 19c Iron MacMillan & Apr 3.75 Jan Dec 1.50 11c Gold Huron 15c Sep 36c 10c Yellowknife Hudson Sep 44,600 15 %C Oil Hosco 6c 10,800 50c 17C Consol Hollinger Homer 14,000 1.60 10 % C Dauch & 1.30 Mar 7%c 1 Crest Oils Ltd Highwood Sarcee Home 7%c May 36c 10 High Hinde Jan 2%c Jan ——* ——— Mines Gold Heva 11% 17% Red Lake Gold Heath Oct 7.90 1.50 ——1 Lakes Dec 6%c common—, Gola Headway 12 %c Maple Leaf 99 " 1 * Hibbert Mines of Head Manitoba & Eastern 4C —; Gold Hasaga Mar Jun 7c 1 Harding Carpets Harricana 46c 4%C Halliwell Gold Harrison Sep 4c Hamilton Bridge Hamilton 16c 5c • A—— class Brass 36,300 4C Alabastine Gypsum Lime & Hahn 23c 7c * ' 9o 1 1 1 — Freehold Gridoil 16c 48C 50 1 —* • 1 0 ——— — Great Plains 18C * Goodyear Tire common Graham May 2,500 1 Mining Preferred 53c 4c * ~1 —— Mines Goodiish Mar 3%c 1.51 Uranium Goldhawk Porcupine Goldora Jan 18c 3%C 1 * Manitou Goldfields 66c 8,500 8.30 1 Mines Eagle 30,575 29c 8.30 --1 1 Goldcrest Golden 87c 25c 2,955 1 1 Goldale Mines Gold 83c 25c 8.45 1 Mines Gold————. Lake God's 545,900 RaBge Since Jan. 1 18% -V I Bloedel class A__ Class B ^ Madsen Red Lake Gold Mines Magnet Consol Malartic Goldfields 9c 12 %c Shares High Low Pai High Low lie — Gold YelJowknife Giant Range Since Jan. 1 84C Lake Geneva Shares of Prices Sale Price High Low Par for Week Range Last stocks for Week Sales Week's Friday Friday (Cont.) Toronto Stock Exchange Sales 1.20 13c 27c 1.20 14C 28c 1.28 9.800 13,490 11.100 1.35 55c 2.05 May O'Leary Malartic Omnitrans Exploration * Oct Oct 1.14 Jan Ontario « Jockey Club 12 %c Sep 40c Mar Ontario Loan 27c Sep 90c Jan Ontario Pyrites Feb Ontario 1.20 Dec 2.95 Steel „L Co Ltd— —~r- "qommoh- 5gL> 2.05 15c Feb 17c 3,253 3%c 17c * 5c 20,000 3%c Sep 2.05 2.10 2,500 1.95. SeD 17C 22 " Nov 22% 22'A 85 80c 76c 1.00 88,550 "TtTqL Dec — 21 21 25 17% May 29c Mar 9c Feb 2.95 Mar 23 2.20 May Jan 21% Aug Volume 178 Number 5279 The Commercial and Financial Chronicle ... CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Sale Price Pa Opemiska Copper Mines.. Rights Orange Crush Orentja Gold Pacific Western 259,609 %c 2.65 3.30 725 6%c 1,000 40c 44c 12,700 35c 75c 90c 8,126 50c H 6%c July 10 34c 4 Ltd 6%c 10,500 l$%c 135,615 4.10 1,510 — 50 — ™~ Gas. — "I _ ~T~ — Gold — Goldfields Oils Oil Crow Pioneer & H I _ — Mineral Gold Gold Gold.II Rouyn Oil & ~ H~ HH Quebec Quebec Manitou Gas Mining Sep Sep Sep United Keno Hill 83c 850 102,100 27 2t7% 1.15 1.30 1.10 1.15 3,500 25c 431c 14,700 822 1.00 1.65 1.59 Jan Dec 2.15 Feb United 1.25 Feb 26% Nov United 25 % 16,100 l.H Jun 1.76 Jan Sep 2.25 Sep Dec 1.10 25c 1.30 Mar Ventures Viceroy Apr 25% Aug Victoria 61c Dec 1.52 Jan 33 34% 655 31% 40 Sep 1.65 700 6c 4,500 9 965 2.50 2.36 2.50 6,080 3.90 3.80 4.50 22,550 1.60 Dec 4c 2.85 Dec Jun Jan 12% Mar 1.40 Mar 3.40 1.65 5.70 Nov Jan 74c 7,800 65c Aug 1.55 9,700 70c Jan Western 68c 11,000 60c Nov 1.54 May Western 9,100 20c Sep 48c Jan Dec 22 Jan 15% 3,686 14% 90c 50c 50c 10c 819,800 10c 10 %c 50c 1,500 11,500 32c Jun 40c Sep 9c Oct 26c May 23c 210,325 8c Jan 33c Mar 1.03 24,400 83c Sep 8c 10c 30,500 1.40 1.35 1.42 500 8c 1.70 Mar Dec 1.35 32c Dec 3.25 Jan 3%c 4 Vac 9,100 37/aC Dec 90c 100 8,100 80c Oct 48c Oils 44c 1.17 Aug ,50c 19,021 44c Dec 1.15 Nov 3.40 Feb Dec 17 1.40 8,666 14 14 400 17% 17% 1,000 preference Little 42 10 Winchester Power Antonio Shawinlgan Water A Power, preferred Feb 8c Aug Yukeuc Sep 35c Jan Zenmac 9c 9%c 6,100 5c Sep 20c 38% 1,279 32 13% lj3 % li%c 1,473 12 lie 11,400 trust 99 99 X 99 20 97% Jun 100 3 8'/a 30 % Apr 39 1.46 Dec 9c 3,200 J.92 5,250 7c 1.77 Valley 1.21 1.38 13,950 1.70 2.00 27,150 39% 43% 43% (1944) Brock Stanwell Oil class & Olsen Stedman Sudbury Supertest 9%c 34 % 110 4.65 23,382 2,000 2.81 Mar 1.35 36% 43 8c 28% 2.82 Oct 2.80 Jan Jan Jun 43 Mar Mar 46 July Jan 35c Feb Jan 34% Dec 5.75 Tamblyn Ltd common.. Tombill 24% 25 % 165 24% 165 20 Silver Mines.! Elevators 1.75 4,925 25c 27c 3,600 7y2C 98V2 55 97 % Dec 1.63 21c Sep Sep Aug 98% Aug 1.14 Jan 12 %c Feb 17c May 14c Mar 8Nov 22c Aug 100 Apr 2.58 Feb 47c Jan 7%c 7%c 4,700 7c Sep 22 %c g%c 6%c 3,100 5%c Oct 13c 1.18 1.15 1.25 9,240 2.90 2.90 2.90 1.05 __ 1.05 Sep 2.90 Dec Jan Mar 1.75 Jan __ 28% 18 Vac 315 28 c 11,500 Exchange July Range Since Jan. 1 High Low 8% 8% 2,068 7 Oct Brown Co 1st — common 1 preferred » 41 88% 88% » 4gi/2 4gi/2 4gi/2 150 Bulolo Gold Dredging., 5 5.50 4.80 5.55 4,805 • 16% 17 140 2nd preferred ___ __ & Dominion Sugar Vinegars <■ High 28 Jan Jan 27% Sep 12% Mar 85 Jun 98 46% Jun 49% Nov 4.80 Dec 16 Feb 13 6.75 Feb 18% Mar 15 15 July 15 Feb Cottons common " 27 27 27 110 27 Dec 46 Jan General Invest— • 23% 23 24 598 21% Oct 25% Mar 38 371/2 38 351 31% 82% 82% 45 82% Dec 4.30 5.00 5,535 1,100 3.00 Jun 8% Jun K 1.15 Jan Canadian Industries common • " — ; __ 1 Lumber 4.90 • 31c Oct 68c Jan Canadian Nov 48% Nov Consolidated July 1.15 Jan 29% Dec Dalhousie ; Jan. Dominion Bridge * 490 90c 1.00 7,831 88c Sep 14c 6,100 12c Dec 28c Nov 47c Mar Oil Dryden Paper ___; Apr 5.25 Jan 10% 65 • 65 V* 120 55% Jun 72 42% 1,795 34% Apr 42% 18C 19c 2,350 70 % 27% - * ; Feb 95 10% • Oilcloth Sep 42 s41'/4 • ; Paper Oct 101/2 * 45c 20% 12c Westinghouse 25 42% Jan 45c 5 73 225 27% 27% 25 15c 11% Nov Feb Nov 15C Dec 28c Feb 69 Oct 83% Jan 27% Dec 27% Dec Ijlov 57 57 10 17% May 33 Jan 57 21% Dec Hayes —-_ * Oct 333/4 33 Jan 43 331/2 80 36 35% Mar Dec Humberstone Shoe * 131/4 131/, i3y4 100 Sep 6 Nov Feb International Paper common 7% 52'A 52% 52'A 2,380 Jan International Utilities 29 28% 4% 16% 1.85 34c Jan 20% Mar Steel 5 29'A 4.90 4.90 4.90 65% 47% Jun 24% Aug 175 65% 34% 12% May 903 » 100 Interprov Utilities Langley's preferred 10 3.80 63 Jan Sep 14% Apr 58 Nov 29% 4.90 80 Jan Dec Nov Sep 33 Aug 12c 13c • Oct 38 3Vac Jan 34% 400 47,800 65% 34% 15c Feb 6.75 7.00 5 28V4 28 29% 31 Nov Sep 9.75 Feb 1,575 24 5.80 Minnesota & Ontario Paper Feb 61,515 Ogilvie Flour * 31 31 31 2 Jun 33 14c 30 Aug Oct 22%c Jan 13c Feb 87c July 3.40 Nov 2.92 Jan 20c 2,000 21c 24c 112,100 28 Loblaw 1.95 650 16 % 720 101 101 50 97% Jan 15 %c 17 %c 27,200 6c Jan 20c 165,750 30c 30c 38c 1.84 13 Jan 16% 102 Dec Inc .__ common Pato Price 1.90 16% 1 Bros • Third Canadian General Thrift Yukon Consolidated Oct Zeller's Aug 90c 1.90 1,200 1.55 Sep 2.05 2,250 1.10 Sep 1.46 4c 6c 14,200 23 __ 195 28 4.40 Nov 4.00 36 36 150 8% 8% 230 1.95 1.99 3,238 16c 12,000 4c 30% Dec 10c FOOTNOTES Jata a Jun 8 38% Mar Jan 1.80 Feb Oct 10 Odd Mar 5.25 Apr 23 23% 200 13% Jan 23% 51c 7,800 47 %c Nov 69c 20 20 100 18% Jan 15c 14 %c 24 %C 1.42 1.30 1.42 14 14% 11c Jan 3,700 27p 16c 81c Jun 12 Jun Apr 51c Oct 10,900 24c Mar OUT-OF-TOWN AND lot sale (not Included In d Deferred e dividend. (Un) Admitted to unlisted trading privileges, delivery sale (not Included year's range). wd When delivered, wl When Issued, Selling ex-inter*»st. x Ex-dividend, " • 325 1.70 Jan . 14% flov f Flat rCash price. sale u (not included in year's range). a Ex-rights, Ex-stock dividend. Oct July 22% Mar CANADIAN MARKETS t Ex-llquidating Oct 34 Oct 50c year's range). Jan 2.25 May FOR No par value. Jan Apr Jun 1.13 1 ____* 560 4.55 3.15 125 34 4.50 27 Jan 1.801.11 _2 Ltd __ 3.40 33% 3.40 ; Investment—*' Stores Jun 1.85 1.99 Jan Canadian 42 90 36 Dec 9% Canadian 3,731 32c Low 24% 32c 2,715 16c Shares 600 Oct 43 101 for Week 24% <Corp Canada 28c 475 Range 24% Canada 21 % 2,561 Sales Week's of Prices 24% 25% July 42 20 Curb Section • Asbestos 25 21 31% - Oct Jan 28c 30% Jan Apr Jun Dominion 29% 49c 7 Western 1,200 July 22 Canadian 52c 14c 115 Ingersoll-Rand 25 9,850 1,075 Marconi 7,600 Jan 20c 22%c . 59c 28 Canadian 48 Jun Oct 1.00 Mar 814 Canadian 50c Apr 1.65 11c 28 Jan 48 4.50 148 4,561 7% Mar 48 524 1.05 13c 14y4C __ i33/4C H 1.75 73c 27c Gold Torbrit Toronto 1.65 Apr Jun * in Thomson-Lundmark 97% Dec 5% 5c 5 17 common Teck-Hughes Gold Mines. 98 1.66 5,650 15,980 Anglo Feb 4%c Pearson 6%c Par • River 2,000 7c 8% Pulp & Paper___ Newioundlan Develop Jun 100 25c 5%c Jan Jan 1.12 4 9,500 __ Anglo Canadian July 1.90 Gold 9c lOVic 10c Last 12% 50c Industries Oct Friday 70c 16% ; Sep 6%c 8(« 15%c Aug 3.80 Aug 20 Feb 20c ; Grass Oils Ltd Feb 35c 5,500 Sale Price 4,086 22c Preferred 91% 111,100 8c STOCKS 4,000' 6.95 Mines 121 59c 7c 34 Canadian Fundi 1.00 12%c (ordinary) 96 49c Toronto Stock 14% Gold.. Surf Inlet Sylvanite 55 20 Cons 95% 57c 2.25 Mar Jan 12c Contact Sullivan Jan 95% 1 95c 30% River Jan 4.35 Dec 4.25 6%c Metal 13% 98 %c Mining 6.85 Jan « 11c Gold 8teep Rock Iron Mines 1.66 Jan Sep 75c 1 50c Bros Sturgeon 44 3c 5 Ltd— Dec Sep 26% _____* 10,800 B. Gas Aug 340 Jan 1.57 Sep 1.00 Sep 21% Canada of - 370 24 Oct 28c _ Dec 56 35% 56c 7%c mines 5%c Feb 17 43 Paving common 17% Oct 32,500 __ Jan Feb 34 1 22,276 20c Mines 14% May Feb 42 %c 46% 331/. Oil 17c 18 Vac 29% „ Preferred Starratt 40 4.40 50c Co Sep 34 1 70c ; Spooner Oils Ltd Stanley . 46c 10 24 33 12 372 73^0 Knitting class A Dec 1,150 50 pfd_; 33 %c Jun 5,445 July t 39 |.50 1,260 1.46 Gold $2.80 145 54 • 14% Ltd 17% Nov 13c —Hill00 71c Mines 6,550 13c 20 21,900 _• Class B Jan 2%c Sep 24% Ltd Standard 32c 838 25 Standard Jun 220 17% Mar 34,000 34 Mines 11,000 9n'A 71c 1 17c Silver Stadacona 38% ; 18 9%c Mining Miller Southam Jan Sep Sep 7 4c certificates Silver Somerville 8c 17% 4.45 Breweries Apr lg ?n Dec 36% (1945) Miness Shea's Winnipeg Brew class B__ J.__ Mar 17c Apr Shawkey Gordon 67c Jan 86c York 35c 39% 5 Sep 5c 35 % 1 Zinc Dec 27c 2,000 4 85 Feb Oct Aug 4.55 63c 22c Nov Jan 50 75c Oct 2c 12% NOV 4.40 4 50 8c 14c Oct Jan 42 83c 1 14c Apr 12,500 54 1 8,000 3.25 67c Mines 4,400 9.40 Oct Jan 1.37 1 Gas Feb 191/4 -10° preferi'ed Sep 15c Jan • Mines 8% 7c 34% 1 Canuck Sep 18% 4.75 Yellowknife Bear Mines Yankee Jan • Ltd Central & 15c 24% Jan 16c 16% c 20 16c 10c Dec 6,800 7,500 1.75 com oc Aug Sep 14 J7 Apr 16c 10c 1.30 & q en Jan Dec 7c 9,380 q 54 12% ,16c 1.77 Security Freehold Petroleums 2.05 q nK Sep 1.70 8 100 35% 42 £%c 8 Vac Ltd 19 5 Nov 1.50 1 19 1.91 __IIHI0 40% Mar 38 % 10 _. Sapphire Petroleums Scurry Oils Ltd Simpsons Nov 3%c Gold 6and River Gold Voting 18% 18 preferred St Lawrence Corp Sherritt Sep 4c 9,000 19 Dec 1.60 Jan Sep 13 V* 400 igc 10 13 >/4 common 8: 9 y8 & Lead 14c H. Industries ni/_ 7c Wright-Hargreaves Yale 95c 4,482 r 8c 32c Larder H) 16c 12 %c Rupununi Gold Class 10 38 %, ;_H Oil \Ilfa 13,500 15% Gold 2c Oils 3,787 =c 7c common Gold Winnipeg Winora 16c Royal Bank Saguenay 50 250 . 16% Apr 16c 11111111111 Roy Silver Royalite 42 10% 1.25 14 11c 9c warrants...; Oils 15 37c wnnih'^f", 9c B Feb 685 1 Wiltsey-Coghlan 9c Consolidated Class Roxana 11 4i/„c "ic 3AliCh^Pe^0leUms Yellorex common Roche Long Lac_. 61c 84c Sep 1.26 14 common. preferred Taylor (Geo) Apr 1.32 Mfg 94,200 Sep Sep 1.11 ,««? l-°° Jan 1.00 Uranium 50c 1 Weston 18c l'.ll 73,750 180 Homestead Leaseholds 93c 9c July 10% Jan 2,175 3,023 Tungsten 1.03 25 Sep 5C « Western 23c .50 Apr Jan 5% 49 common Jun 76c 59 21% 4 55 Brew Grocers Feb 1.14 July 25 3,455 7 1 05 • Western 54c 51 Mar nn fi «n 4 50 A Western 12% Aug 1 00 ..HIHIl Canada Class 29 Oct 160 n7i/„ Sep 10'A 48% H 4.85 Mar 27 4.50 Ashley 40c 75 Dec May 815 48%' Products 65c 16,025 1 Western 36c Sep Nov 41c 2.60 Mar 33 1*01 »g IHIHH new 11% Oct common....* W'_ Consolidated Territories 65c 81c & Jan Feb 1.01 • Equipment 7 Oct 93c 15c 12% sri/, Jan 25% 2.00 Wekusko W'est on 11% 17c 1,715 3®? 3',2 *4 4 1 * Weedon Pyrites 38c V' Mines.. G Waterous -i 2.85 3,500 llfc lVv IIHlO Jan 1.70 Oct Jan 21c July 75c 14% A Grey Trust Westeel 70c 70c 14 V\ class Amulet Walker Feb 400 ™ 33 ™ Mar 21c Sep 8% Feb 37c 200,900 6 80 Violamac Mines & 99c 2gc 57% • ♦ 20 Sep 23c _i 8,000 5c V4 Ltd Manufacturing 2,660 Feb 30c Jun ♦ Vicour Mines 75c 61c Jan 46% * Mines *5% 24% 8% 8 Cons Windward Robinson Taku Roi 1.55 Nov Nov \°9 4.00 Mar Sep 16% 2.00 4 12% Jan 45 Sep 42c 5,251 7,000 1 Upper Canada Mines Sep 1.51 26,080 10 %c 25 ^1ntaUban Mines S?e! Dec 1.48 16c Dec 3,700 Hn 50 H Nov 31c 40,620 32 —° Jan Dec 30% Jan 14c 33 — R 31% 6.965 2:*5 mm J 92c 27 %c ri-ic* 91_ Sep 26% Mar 20c 2-73 o May July 300 12c , United Fuel A preferred Class B preferred 26 19 19% Aug 107 800 20Jl 26c "1 Feb. Apr 261 HI""* United .Asbestos United Corp class A 7,076 iJtC ™?/C • Feb 75c Utilities Robertson Switson Apr Union Union 9 nn 2-°.° Apr Apr 101 iVc 12c —1 common Nov Sep Rix-Athahasca Sweet 8.75 Acceptance 30c 10c Uranium Prado Steeloy Jan 'K'S IS ° ij 15 15% 10 1 High 2 66 • 65c 2,500 I HH H Mining Rexspar Steel Nov 1.65 Aug 58c 4 • CoH coip 36 % ,J30c Regcourt Souris 12 Vac Sep 12c MacDonald Siscoe 5.00 I Uranium Silanco Jan 12c Petroleum Sicks' 4%c 12c Red Poplar Gold San Union 6% 250 • Oil Jan 1.55 70c Inlet Russell Jan "HI" Quebec Nickel Corp Qucenston Gold Rundle Tungsten lungsten Oct 24c 6c Copper Corp Labrador Rowan Triad Jun Nov 1.48 73c IIIIIH IIIIIII 111111" Quebec 5'< Apr 29c 20 6,018 1111111! Dome Prospectors Airways 01.00 22c Jan Waite Border East Rio Jan 4c Dec » • " 30c 1.60 Metals Reeves 3%c 3.15 UneHH Petroleum 10 %c 1.05 Gas... Preston Redwater Trend 1,100 1.00 33 Pressed Reef 130 Mar 7,200 13,600 Corp Ranwick 54c il2c 28c ~ Powell Rankin Transcontinental Resources -32c 1.10 HI Power Radiore Jan Jun 16(4 2 10 * 12c 27 Petroleum Oils River Quemont 1.11 Van Powell Premier Trans Mountain Oil Pipe 32c 1.30 Poplar Prairie 35 . Dec Sep 600 Trans Empire Oils Trans Era Oils 65c 30c 15(4 ,}•* 3i"c Aug Dec 6.00 Jan Low 125 'Ill 13% Mar 50c 147.850 — Dec Range Since Jan. High - Jan 14c Shares "* " 73 % 27c .47c 27c Mortgage" Sep 200 1.08 "III 77c Works comm"n , Toronto Jun 88,160 40c 1.01 Oils Pontiac 13,500 6.75 -33c : Low Jan 64 •65c 33% Jun 90c Jan 27c 5.95 Nov 15c Sep 65c 96c —HHH Development Ponder 12,Acl2%c 46c .1 Uranium Placer 3.15 1.00 _HHI Mines" & Gas Pitch-Ore 59,700 6c 33c People's Credit See... Petrol %C 15C 11111111. Petroleums Paymaster Consol Peruvian 4.500 6c 4.10 Pathfinder Pickle 345 7c 38c 71 16c Drilling Pcrshcourt 1,000 2,575 * 65c III" Parianen Malurtic Perron 13c 9.15 69 66c " 3c Mar Par m Warrants 8.65 for Week cf Prices Feb 4.75 Oct 6c Sales "Elf STOCKS 1.99 Dec 3.25 H~H"HH . Oil Nat Sep 6'Ac 13c ■ . Parbcc Mines River 94c 81c Paramaque Mines Pi-ace 26,350 l%c 8.65 Hage HersJiey * Tubes Pamour Porcupine Parker 1.15 Vac 42c Navigation 4 High 3.25 Pacific Petroleum Pan 1.06 Eastern) • DECEMBER Sale Price Low 6V4C ~ ENDED Rarnge Since Jan. 1 %C .__ ___ Coyle Pacific Shares High 1.08 Osisko Lake Mines WEEK for Week of Prices Low FOR Sales The Commercial and Financial Chronicle 46 Monday, December 7, 1953 ... (2233) OVER-THE-COUNTER SECURITIES Quotation for Friday, December 4 Obligations of Government Agencies Investing Companies Axe-Houghton Fund "A" lnc—1 Axe-Houghton Fund "B" Inc—5 Axe-Houghton Stock Fund Inc-1 3.98 18.16 3.04 4.26 I"*7'* 3.32 Affiliated Fund Inc American American Mutual Shares——1 Business Fund Blair Corp Holdings Boston Fund Inc B-3 9.53 Broad 20.94 23.43 Inc Fund preferred (Income (Speculative iLow 6.67 ■ lc 3.63 4.00 2.80 4.46 3.09 Delaware Diversified 1 9.98 37.35 15.75 37.73 . ' stock—1 5.26 5.76 25c 7.24 6.56 1.85 7.93 7.19 2.03 1 10.19 11.08 —1 Stock Fund Diversified Investment Fund-1 - Dreyfus Fund Inc 31.54 24.33 1 Fund Balanced 1 Fund 5.46 2%s Aug. 4.62 5.09 2%s lc 4.17 4.59 Inc—10c 7.72 8.46 1 xl9.63 * 29.20 Inc-1 First Boston Corp ; 10 Founders Mutual Fund— —• Franklin Custodian Funds Inc— Preferred stock serieslc Common stock series lc Fundamental Investors Inc 2 Futures Inc 1 2.44 2.67 Industrial Fund Invest Fund Shares 8.25 8.97 6.44 6.31 19.55 1-96 19.22 60.97 5.67 1 Capital Corp 1 Trust 1 10.13 11.01 1 15.44 12.19 -1 9.24 6.63 1 7.47 4.60 1 3.43 5.13 10.55 11.53 Inc..lc 3.99 4.37 lc 2.67 2.92 1 X17.38 Pacific Amer investors com—10c 6.00 Series Income Speculative Series Series 7.05 6.91 21.42 2.13 -1 -J ; Stock Growth — Series Fund Resources Natural Resources of Canada Fund Inc New 20.78 65.56 6.16 England Fund preferred Petroleum & Trading Fund Street Pine Fund Pioneer 18.79 26 14.51 1 18.07 •% 29.04 13.61 14.72 26.35 28.49 1 8.10 8.86 9.24 9.62 9.61 • 65.30 shares—lc 8.43 8.78 9.23 State. Street shares_lc 6.30 6.91 — lc 6.71 Merchandising shares Mining shares lc lc 8.12 5.79 7.36 8.90 shares— lc Bond Company shares 6.35 7.30 —lc 6.66 lc 2.75 3.03 Equipment shares —__lc 4.10 4.51 lc 7.65 8.39 lc 6.88 lc 4.16 7.54 4.57 lc 7.29 7.99 Petroleum shares shares shares shares Tobacco shares shares 25.75 11.71 26.52 1 11.80 12.16 1 Companies Inc Shares 11.99 12.96 10.72 1 Inc—1 Industry Mutual Fund Inc Hudson Fund Inc Foundation Fund Inc_10c Incorporated Shares 1.91 2.08 1 xlO.44 11.29 Fund_lc 13.50 14.77 88c 97c Investors Institutional Fund Growth Institutional Bank Institutional Stock Ins Selected Shares Amer Investors Investment Corp 14.81 2-53 7- 1-53 4- 1-54 b2.10 1.75% 2.25% 12- 1-53 9- Fund—lc 1953 Fund bl.05 0.75% Feb. bl.05 0,80%' Feb.-11, bl.05 0.85% Feb. 18, 25, Jan. 7, 1954 bl.30 1.15% Feb. Jan. 14, 1954— bl.44 1.32% 21, 1954— bl.50 ;■ Bank of Bank of New Manhattan the Co 10 37 100 York 380 10 48 49% 5.14 5.62 & Trust State Bk Bank & & Tr—25 County Trust Co (White Plains N 6.53 Federation 69 1 5.83 6.37 Inc 1 5.99 6.55 Inc__1 4.61 5.04 Guaranty Trust 428 Co 8.17 8.90 Hanover Bank Fund Van Strum & Towne Fund Inc_l Wall Street Investing Corp Washington Mutual Investors of the 10 Trust & Investment Kings County Trust 19.42 21.02 Long 4.09 4.42 Diversified 1 11.64 12.66 North Amer Trust 11. 12.64 Series 1955 1 17.83 Series 1956 1 2.74 ^ Insurance Co— 10 56 Vt 58'/2 lo 88% 9134 10 3114 33 »/4 10 Aetna Life Insurance Co American Alliance Companies National City York 100 20 Bank Bank Par Bid 5 38'a 40'/a Insurance Co of North Amer—10 79 81 Jersey Insurance 34% Co of N V— lo Lincoln National Life 10 37 39 48% 50% American Equitable 5 29 la 311a Massachusetts 2014 22 Merchant Fire Assurance 25 7 8 40% 42 % Merchants & Manufacturers 60 62 National Fire Ask 182 American & Casualty_5 (Newark N J>__2'/2 Re-Insurance American —10 Surety 25 Automobile lo Camden Casualty Fire CasualtyHampshire Fire 22% 24 % New York 95 Va 99 47% Employees Group Assoc. Employers Reinsurance • Union Fidelity & Deposit of Md Assn of Philadelphia North River 49% 2 10 — Firemen's Fund Firemen's of 52(4 54 % Pacific 53% Pacific Indemnity 33 Peerless 93 98 76% (San Fran)—10 63 % 27% 5 Falls 10 5 i. Globe & Republic Globe & Rutgers Fire Great American Hanover 39 41 Republic 59% 61% St Paul 16% Seaboard Surety Security 43% Springfield Fire & Marine 32% 34 Standard (Jacksonville, Fla.).2% 22(4 23% Travelers lo lo lo 40(4 174 47 V4 42V4 179 49V4 117 120 Pittsburgh Mellon Nat'l Bank & Tr 100 Peoples 1st Nat Bank & Tr—20 328 44 343 100 and Trust—25 46 Portland 12% 42% 44% United States National Bank_20 70% 72% Bank National 116%« 51(4 5 4% 26V* 28 125 121 20 18% 301 291 St. Louis Amer 66 91 39 43% 52% 17 National 53% 56(4 Banl^—20 First National Bank Manufacturers Mercantile & Trust_20 Bank Louis Union 60 63 20 Trust 62% & Trust—20 Bank & 100 155 66% 60 Trust Bank Grove 52% 25 Mutual Bank & Trust— St. 30 49 % Co—_——25 Trust 27 165 69 88 37 Bank—20 Nat'l Exchange Boatmen's Continental National Francisco San Illinois Bank & Trust—33 Va Bank of & S A—6.25 Amer N T Recent Bid Ask Bid Bands—(Cont.) 105% 106(4 103% 104 1973 103% 104(4 1973 k__ Bell 43 45 Southern Natural 46% 48% 46 48 Duke Tenn. Gas Trans 5s 22% 24% Florida 28% 30 80 2 10 & Tel Poto Power 3%s 1983 I053a 106% Lgt 3%s—1983 104% & United Ind Mich & Elec 1983 104% 102 Va 103% 997a 100% 7(4 8% 12.50 57% 59% Kansas 84 % 10 64 67 Long Island Lighting 3%s„ 1983 19% Mountain — - ' 10 103% 107 Vz 10 28% 8% 9% Northern Natural Accident 34% 12% - 10 100 . 43% 36 10 -10 36% 40% 10 Co (New Haven) Gas 3%s_1973 103 104 101% 1959 100% 10114 105 3 4 Paso New Gas 5.65% Nat pfd.100 England Power— preferred 101% 102 % 99 100% 100 99% 100(2 • 103% 100 4.60% Gas Transmission— 106% Service 4s Elec & 5.85% 99% 100 % & Pow 3%s—1983 102% 103% preferred Elec Texas Gas— —1983 3 (4s Rockland Lgt Serv Texas Power $4.84 & _ — $4.64 _ . pfd. — Lgt— 105% preferred — 38 49% 48% 815 51% FOOTNOTES FOR OVER-THE-COUNTER ISSUES 50% 835 t •No par value, S Fidelity & Guaranty Co__2 69 71 b Bid U S Fire 38% 40% k admitted 25 26 2 ... 102 Electric 3%s—_—1988 Finance Potomac U Westchester Fire 4s__1983 Tenn Public 49 10 - Power 30% 2 States 3%s Gas Stocks— El 18% 5 Elec & . 105 3%s—1983 3%s .3.33 y3 Gas . 105% 3%s Power Ask 1977 3%s Southern 104 - 34% Gas 4s__..1973 Tel 104% - 32% Security Issues 10% 103 % (Texas)Fire & Marine 34% Steamboller 25 Security-First National— 103% (N Y)__ 41 % Hartford 33% United City Nat'l Bank Pacific Reinsurance Corp 15% Hartford Fire 37 Los Angeles 1984 Providence-Washing ton 32% Fire 25 Jersey City Chesap - 5 common Gulf Life Phoenix 5 common 45 Commonwealth Edison 3%s_1983 Co Casualty Co 5 old 10 25 % 65 % 26% Newark General Reinsurance Corp Co ; 453 4 9% 4 Fire 51 % 74 (4 43, 82 . 31% 10 25 Trust & 54% 53 Trust_17% & 10 — Northern 10 10 Fire 10 National Bank of Detroit 273 265 113% Bonds— Fire Northeastern 43% ——5 _ 4 Federal 38 Commerce —2.50 New 45% 36% of 5 Fire National 10 Co 5 New Amsterdam 38 10 Casualty Crum & Forster Inc 24 10 90% Continental _1Q Bank Detroit 51 5 57% 215 32% 200 49% 29 48 1 Bonding 35% 209 2712 10 common prior preferred 54 lo New $2.10 5 Co Connecticut General Life Glens Maryland 5 Insurance Boston 86% 10 Bankers & Shippers 31 185 16 City Bank 187 2714 Fidelity Co Ins 430 3 714 Home 4 American Bank National 20 ——50 Bank National Cleveland Trust Co Tower Automobile Amer 390 Cleveland First 25 Trust Nat'l Co 23% Chicago American Assur 24% 1,700 32 United States Trust Ask 145 33 , 23% 29 (4 Trade Bid 31 1.660 21 673a Sterling National 141 101% 65% Rye National Bank State Bank of Albany 5.80 17.43 lo / 98% Manufacturers Trust Co_-/—20 Public 11.57 Par gg,^ 1-100 JL__10 Island Trust New Shares— Boston—1 Casualty & Surety /67% ,f—10 lorgan (J P) &vCq_I»e— T/ds tee "Strew^s- Series E _^2.50 9.90 Independence Trust Shares—2.12 Bank Trust 48 45/ Meadjo#~Bi\ok National Bank 'Freepoi\ 20 Trusts- Type 100 National First National Bank / - 20 20 Irving Trust 1 Co_ 10.55 21.87 ,n, 392 \ Commerce^ 9.84 _1 Wisconsin Unit (The) Industrial Bank of Inc 3J 2 10 Y N Square X20.05 1.31 Insurance 36 100 of N Y City Franklin 1 Fund 260 3 75 410 100 100 Northern Bank 1 Whitehall Harris Trust & Savings Bk First 24 % 10 Bank National 1 Fund Ask 266 72 124 Fiduciary Trust Income Line Bid Par Union 4.79 First 62% 10 Franklin National Bank— Value 1.52% 1.56% Companies Central 7 6% 61 16 Y) Trust 13.15 t6.01 44'2 Trust—_10 Corn Exchange Bank & Trust-20 4.38 split— Shares 38% 392 Chemical Bank X12.10 Value Line Fund 1954—— Chicago—(Cont.) — Fund Science United 1.50% bl.58 bl.60 1954—, 4, Ask Bid Par ■ York— New Empire Fund Fund 1.48% 1.48% bl.58 .1. 1 Income - 48% Fund stock Continental : 1.40% 1 two-for-one Ex United 1954—— March 46% 1 United 4, Ask bl.56 1954 — 15 14.90 16.73 Agricultural * 1.42% bl.56 1954—— 1953 31, Continental Inc Accumulative United 1954 Dec. Commercial Texas 28, Dec. 24, 1953— Dec. Chase National Bank 13.67 1.19 of 17, Jan. 69.00 1 Inc 15.29 Aetna 1 Bid 0.70% 55(4 23.01 lc Aetna K. bl.52 Ask bl.05 1953 53 % 22.78 Investors Management Fund—1 i'k " Treasury Bills Bid 10. Dec. 10 Fund lc America United States Eankers Trust 1 & Farnham Fund Stein Roe Television-Electronics Fund— Trust 1-53 11- 3.00% : Fund— Institutional Found Fund Investment 10- 2.35% ■v. & Clark— Scudder, Stevens Common value) asset (net inc Ltd— Institutional Investment Co of 2.70% 1.65% Stevens & Clark Scudder, Wellington Fund , 2.15% 1.55% bl.95 Bank & Trust 2% Industrial Machinery shares.lc -. b2.25 bl.90 1-54 14.81 —1 Shareholders Trust of Boston—1 Income 1-54 1-54 3- 29.04 1 Fund Sovereign Guardian 2.05% 2- 1-53 19.43 5.64 Growth 2.00% b2.25 1-53 9- Due 5- 3-53 8- 19.54 , 8.32 Growth b2.20 5- Dated Rate 2.90% 14.81 17.88 2.50 5.28 Utility 1-54 2-54 1.50% 5 — Inc 7.59 Bteel 68- bl.85 Jan. 6.50 24% 5' Inc (Geo) r 5.14 - stock Ask 1.95% 4-54 7.25 4.81 Railroad Bid b2.15 Ask 1- 5.61 1 Due 3-54 Bid 1-53 Dated 3.75 Series lc administered Bond 97.4 99.25 4- 5.03 : Stock lc shares RR 99.23 1955 15, 8.16 1 — Series Bond shares—lc Equip shares Food Fully Railroad 98.14 97.16 96.28 . 10.10 1 Corp 9.30 Priced 98.6 1958 1, 98.24 97.3 1958 1, Oct. 102.13 13.18 Fund Investors 8.49 Low l%s April 1 %s 99.4 102.10 . " 16.57 1 Balanced 9.86 9.93 Investing 100.2 100.10 99.12 93.28 98.16 2.30% Wide Securities— Nation 9.00 9.06 Institutional 99.4 . l%s April 1, 1957 l%s Oct. 1, 1957 100.8 99.28 93.26 — 1956 4.2%s March 15, 1957—: 100 — 1955 1956 1, 1, 2 75% —_lc bond 100.30 15, April 2.50% interest 7.70 10.51 General 100.27 l%s Dec. Federal Intermediate Credit Bank Oebentures *»!• 9.59 lc Common (The) Stock Fund-lc '• 1%S Oct. 100.28 1954— 15, 1954 1%S March 12.84 7.02 Electrical Dec. 16.61 12.84 lc shares Building shares— Chemical shares • March Ask 15.84 15.13 lc ' Aviation 1 %s 100.21 100.25 1954 15, 100.9 100.19 1954 13hs Shares beneficial Of Putnam shares Automobile 15, 100.11 100.7 — 1954 Bid Notes—(Cont.) 100.9 1954. 1954 22, 1, Sept. Corp— Inc_ value asset Net Natural Securities— Group 14.55 1 1 Mutual Stock — 1 Industries Fund Inc Investors point Maturity— Treasury Fund— Life -$1.50 General 113(4 31.40 interest beneficial interest of Preferred 5.31 19.19 General 99.30 99.22 112 -1961 18.36 Mutual Fund of Boston Inc—„1 Ask Treasury Notes— 21.22 16.93 Balanced Series 5.12 17.75 Gas 15, June l7/aS —1 33.72 26.00 20c 5 Equity Fund Inc Fidelity Fund Inc Financial ■■{- National Security Series— Howard— Stock 4.96 Inc National & lc Investors Trust— Mutual Trust Diversified Growth Eaton 2%s Mutual 17.31 1958 a 96.16 Investors Growth Stock Units Inc— Dividend Shares 2V2S March Fund Bond Massachusetts 10.08 1 common 2y«s Feb. 3.33 3.85 ——: beneficial of Ctfs Fund ———-1 Funds Diversified 4.91 3.02 3.49 shares Steel Mass — 1, Canal 3s Panama Indebtedness— of lc . Manhattan —— May 100.10 100.16 96.10 — 100.8 Bid lc Paper shares Petroleum shares Massachusetts value 2%s 100.4 100.4 Maturity- shares—lc Metals Non-Ferrous 12.99 30 value Fund 1956 1957-55 Figures after decimal point represent one or more 32nds of a Industries General 13.50 Net asset 1, 100.6 99.30 U. S. Certificates of Indebtedness & Notes Funds- Business Income Fund Inc— 1, Oct. 100 1954 1, Certificates — Automobile shares Mutual Fund Inc— May 100.12 1955 1, 100.2 99.28 1955-54 1, ! / 6.82 36.86 16.84 asset Feb. 2%s 100.8 17.05 6.24 36.86 12.02 28 Vegh 18.76 15.62 • 15.50 Net 17.19 1 Stks)_l Feb. Ask Bonds—* 1954 1, 6.23 12.42 De Vegh Feb 2%s 100.1 Bank Land 10.43 1 Consolidated Investment Trust-l De 2%s 100.12 99.31 33/4s June 1, 1954. 5.68 1 . Inc 100.10 l%s . 100.2 2V2S 9.54 Managed 7.25 Nov. 100.8 April 1 .—1 Inc Fund Stocks)—1 Com Stki (Net Asset Value) 9.35 12.15 16.93 18.30 20.08 21.71 7,250 7,450 134 139 Composite Bond & Stock Fund 37.69 Com 2%s 100.9 1954 15 15, 1954 17, 1954 Central Bank for Cooperatives— 25.61 34.55 March 2.75s 2%s Equipment shares.lc Electrical Equipment shares_lc 24.31 25.38 22.49 23.16 Commonwealth Investment ——1 Concord 18.52 23.48 Com Priced 100.7 Federal 1954—— 15, 2.10s May 25c Loomis Sayles Mutual Fund— 8.65 100 — Composite Fund 16.98 Stks'-l Pfd S-4 11.34 10.39 Stocks)—1 (Speculative (High-Grade S-3 _1 _ Com. Stki_l Pfd (Income S-2 11.22 1 com—10o Securities Christiana < 1 Trust Century Shares Chemical Fund Bonds) Lexington Trust Fund 1 —1 Fund Inc General Canadian (Discount Knickerbocker Fund 10c 5 1 Bullock Fund Ltd Canada 19.59 K-l 22.48 25.33 Corp Invest Street 26.42 B-4 10.36 • value-—- asset 27.43 17.96 ' Bowling Green Fund Inc— Net 26.29 24.22 Feb. 2.75s Banks— Loan Home Federal 100.14 Bid Ask 100.5 31.47 1 K-2 -1 — 30.85 (Medium Grade BondsUl (Low Priced Bonds) 1 B-2 -- — Inc—1 Ridge Mutual Fund Inv Tr of America Blue Bond 5.34 Figures after decimal point represent one er more 32nds of a point Bid I Inc Keystone Custodian Funds— E-l (Investment Bonds) S-l 1 1 Beneficial Corp Fund Ask Bid Mutual (The) Johnston 12.63 10.12 Inc—1 11.62 9.63 93c 4.94 25c 1.25 Aberdeen Fund Par Mutual Funds— Ask Bid Par Mutual Funds— yield price. to listing on the New Stock Exchange. x York wi y New stock, Ex-dividend, When issued, Ex-rights. J Volume 178 Number 5279 ... The Commercial and Financial Chronicle .f , (2239) *• *:> '!■ :r •* :•••1953' v 4 clearings this week will show liminary figures compiled'by an Pennsylvania—Alto on a Bethlehem 4,140,762 Philadelphia Reading gain for the week ending Friday of 6.3%. a CLEARINGS—RETURNS . At this center in 1952. 5,582,093 3,678,776 York 7,281,001 3,083,344 4,522,846 New Boston _ 1,209,000,000 + 368,754.830 San 369,000.000 Francisco a 7,410,105 7,167,184 215,104,716 397,573,423 399,383,799 40,679,800 32,514,400 8,839,471 9,688,556 5,239,924 10,056,079 337,639,385 350,662,075 1,016,935,456 Mansfield 5.3 + 336,500,000 610,020,099 993,623,571 Pennsylvania—Pittsburgh Total 4.8 + 8.2 303,338,071 + 5.9 $16,167,352,574 $15,432,989,655 + 4.8 + 4.5 - 3,568,276,340 3,730,113,591 T - (7 cities) Fifth Federal-Reserve All all cities, five days "$19,897,466,165 $19,001,265,995 — cities, one day + Virginia—Huntington Virginia—Norfolk Richmond South 713,655,268 + 7.3 766,022,718 issue of next week. ; In the elaborate detailed For that week same in statement, however, which week there was Outside clearings at this center showing of decrease a of this city we present further below, — 454,967,618 + 25.1 35,403,100 + 68.8 - 6,154,148 9,927,928 3.7 403,593,007 7,611.409 247,401,369 2.3 — 1,134,804,451 812,821,801 + 17,360,000 14,707,000 2.0 180,193,851 152,979,131 3,323,763 located and from this we 4,693,069 5;4 4,935,899 2.9 279,966,390 260,666,081 85,982,810 1.4 99,611,162 91,541,27* 532,785,506 0.8 585,391,065 526,932,148 19,722,665 19,150,086 277,500,000 ' 2.9 + 10.0 are 304,900,000 a In the Kansas City Reserve District decline of 2.3%, the totals register 6,593,593 —27.7 4,727,641 —21.1 114,355,357 + 10.5 133,705,143 8,332,789 7,101-,-747 + 17.3 622,-447 485,581 + 28.2 145,842,262 139,013,869 + 4.9 797,617,106 Orleans , (10 cities) 784,642,538 + 1.6 •Indiana—Fort „ - Wayne 5,447,640 •• . 3,926.056 105,348,929 128,310,019 7,750,979 689,353 159,595,415 7,108,775 686,798' 147,924,605 851,184,412 Terre Haute Des 2.0 3.6 0.5' ' 768,329,051 - 1,276,454 12,004,432 >5454-426 8.699.849 76,310,000 —19.3 —29.1 47,660,000 8,593,397 —11.8 3;852,-947 < Iowa—Cedar Rapids -■ + + — 2,769,506 + 39.1 83,-164,972 ; Wisconsin—Milwaukee -■• 5,479,501 7,017,615 54,118,-000 ; ; -South Bend—— ' 1,463.466 11,876,115 -> 57450,893 7,576,827 Indianapolis . • 1,-492,583 12;299-,354 - 72,289,731 4,204,004 + 15.1 6.0 9,100,842 2,746,832 79,232,026 4,362,308 7.0 32,696,924 i .Moines :< ; • 3t949,739 <■ 27,664,079 Sioux City 29,731,212 12,473,296 'I Illinois—Bloomlngton Chicago ».? 13i©41i?42 1,463;449 ■■■>■ — 1,317,807 759,262;431 — 768;941-466 — — — 3.535.850 9,924,727 + 4.7 7,614,667 .Springfield 7,556,164 + 0.8 3,877,487 3,646,259 1,005,794,009 1,029,380,396 1,687,064 1.3- 10,395,516 ; 17,675v^6 12]6 + 1,554,932 11,635,184' - 6,170,562 . 44 — 4j080,154 Peoria Rockford 1 loss of 4.8%. 7,065,947 4,559,983 121,817,274 125,384,336 4.9 — 19,115,464,, 91,660,765V * 258,800,000 District—Chicago— Decatur gain of 0.6% and in the Dallas Reserve District of 8.3%, but in the San Francisco a — 127,210,108 : 1.. .Lansing smaller by 0.8%, but The Chicago Reserve District suffers Reserve District the totals record 3,688,333^ 21,520,620 97,900,505 2.1 — 126,366,340 '^Seventh -Federal* Reserve the totals showed a decrease of but the St. Louis Reserve District enjoys an improvement of 1.3% and the Minneap¬ olis Reserve District of 4.5%. 8-1,-636,942 271,800,000 4,765,908 Michigan—Ann Arbor Grand Rapids— note larger by 2.3% and in the Atlantic are 3,350,329 263,480,075 3,729,436 Total . in'the^ Cleveland. Reserve District the totals 4,984,682 - 3.7 — loss of 0.1%, the bank a In the Richmond Reserve District the totals 191,001,270 324,769,762 29,920,600 8.8 89,797,730 Louisiana—New We group the cities according which they are 7,132,709 7,418,185 217,340,465 0.5 2.1 Mobile < a + 14.1 3,036,139 Mississippi—Vicksburg against ^>15,831,419,817 in was decrease of 3.6%. a Reserve Districts in Reserve District by 1.6%. 3.4 + — 528,268,655 (6 cities) Alabama—Birmingham week ended 3.3%, in the Boston Reserve District of 4.3% and in the Philadelphia Reserve Dis¬ ; 1,070,392,690 18,"579,000 -Macon 1.8%, the aggregate of clearings there -that in the New York District (including this city) trict of 1.5%. 8,575,641 1,258,122,942 - 4,946,542 Florida—Jacksonville - to the Federal 8,899,252 3,175,866 157,014,413 Nashville has to be estimated. final and complete results of the previous week 1952. 10,562,166 5,507,475 255,919,358 87,211,458 Georgia—Atlanta •.Augusta time of going to press. cases for the whole country having amounted to $15,544,619,127 the 11,280,505 • Sixth Federal Reserve District—Atlanta- • able to give Nov. 28. 188,600,110 3,100,252 Tennessee— Knoxville We cannot furnish them today, inasmuch as the week Accordingly, in the above the last day of the week in all We are 3,900,359 7.0 + • ends Saturday, and the Saturday figures are not available at I; 5,988,106 „ < our + 61.0 16,942,000 Carolina—Charleston Total + 4.8 $20,663,488,883 $19,714,921,263 Complete and exact details for the week covered by the foreging will appear in 3,188,350 160,149,045 ,, : District of Columbia—Washington... 4.7 _ Total all cities for week 5,483,958 District—Richmond— West Maryland—Baltimore Total 8.5 + 19.3 — •4.2 438,225,944 Other cities, five days 3,798,132 1,298,214. , ' 3,855,023 1,028,000,000 3;378,287 9.7 + — — 481,596,989 cities, five days__ 4,071,403 1,211,000,000 15.8 + 1.5 Columbus 4.6 419.807,864 __ Baltimore Ten 10,739,502 4.7 2.1 — 1,033,996,108 Cleveland 2.1 321,094,366 Pittsburgh 1,143,519 1,620,824 1,018,564,707 1 .Youngstown 350,195,430 580.846,000 Louis St. i " City 1,518,341 + 12.7 Cincinnati + — _ Kansas 3.4 949,786,655 1,184,000,000 . 996,140 5.1 + 21.5 7,543,009 Ohio—Canton 6.3 603,596,498 Philadelphia 1,274,071 + — 8,502,358 cities) (It 27.6 % + 981,837,487 ___ . + Fourth Federal Reserve District—Cleveland— 1952 $10,789,623,520 $10,150,729,969 Chicago 11,491,966 Jersey—Trenton Our comparative summary for 1953 York - Delaware—Wilmington TELEGRAPH BY 4,346,110 5,109,097 the week follows: Week Ended Dec. 5— 970,000,000 991,000,000 2,930,015 Total » 1,327,768 3,391,559 New there is 1;649;©47 ■ > Wilkes-Barre Our preliminary total stands at $20,663,488,883 against $19,714,921,263 for the same week •'P+ft • Scranton Cities of the United States for which it is possible to obtain weekly clearings will be 4*8% above those of the corresponding week last year. 1,272,374 1,612,871 Lancaster clearings for all 1,622,997 1,733,320, Chester based upon telegraphic advices from the chief cities us •-195#. -TDec.v:-$ *•' Third Federal Reserve District—Philadelphia— increase compared with a year ago. Pre¬ Of the country, indicate that for the week ended Saturday, Dec. 5, Week Ended Nov. 28 Inc. or :,v',+" -.1951 - 4''w'; Bank r 1852 • •"••• — 47 879,737,159 + 15.4 5,120,524 ~4;713,391 4;494,502 - 61,592,000 ■ • — ' 8,699,611 3,340,807 72,041,847 "4,525,11ft •32,765,624 , 18j934,373. 1,270,061 908,943,198 + 6.3 4,414,486 3,869,985 12,738,398 5,843,431 4,071,88ft — 2.3 1,129;042,971 1,161,029,000 + 2,6 0.7 - 12,262,013 7,441,193 ' In the following we furnish a summary by Federal Reserve Districts: Total (17 cities) — SUMMARY OF BANK CLEARINGS 1953 1952 Inc. 1950 1951 or Eighth Federal Reserve District—St, Louis- " "Week Ended Nov. 28— 1st 2nd New 3rd $ ._12 cities Boston ._11 York Philadelphia 7 4th Cleveland 5th M 6 Richmond— Atlanta 7th •* 11 - €th <• 10 17 Chicago-- II $ 632,244,379 660,596,005 7,838,872,408 8,102,383,279 1,018,564,707 1,033,996,108 1,016,935,456 993,623,571 Dec. Vo $ •1 ~ Missouri—St. 714,101,501 640,115,823 3.3 9,170,201,561 9,102,746,316 1.5 1,258,122,942 1,070,392,690 2.3 1,134,804,451 812,821,801 4.3 — — — + 0.8 585,391,065 1.6 851,184,412 1,129,042,971 9th Louis St. _ + 1.3 583,628,642 588,155,293 389,456,558 + 4.5 473,943,322 461,941,147 + 0.6 564,216,703 568,414,424 + 8.3 427,022,478 358,179,172 4.8 1,077,965,935 910,098,318 1.8 17,969,625,983 16,969,155,191 0.1 9,124,580,008 7 Minneapolis 1.005,794,009 1,029,380,396 575,178,774 567,907,568 406,821,587 + 10th Kansas 10 City_._ Ilth Dallas 12th San __ Total - — 470,431,913 467,528,500 380,753,933 351,493,052 873,136,200 917,426,736 15,544,619,127 15,831,419,817 8,029,429,956 If If 111 cities Outside New York City_. now add our detailed 133,825,826 139,815,628 124,611,13d 2,524,911 2,267,212 + 11.4 2,187,188 2,031,15© 575,178,774 cities)_____ 567,907,568 + 1.3 583,628,642 588,155,293 129,612,998 526,932,148 District—Minneapolis— Minnesota—Duluth — — — 7,682,408 7,609,831 1.0 7,325,257 6,287,421 267,104,214 255,145,260 4.7 317,154,085 306,231,97© St. 106,656,383 99,667,001 7.0 116,212,749 116,803,638, Paul North Dakota—Fargo 6,694,281 6,878,291 2.7 8,036,672 South Dakota—Aberdeen 3,463,011 3,345,372 3.5 4,641,811 5,372,740 5,015,483 7.1 6,209,669 5,472,740 9,848,550 11,795,320 6.5 14,363,079 13,412,233 406,821,587 389,456,558 4.5 473,943,322 461,941,147 Montana—Billings Helena Total (7 cities) Tenth Federal We 331,900,00ft 0.6 — Minneapolis 8,020,979,741 6 10 Francisco If 307,800,000 117,470,553 ..+ __ Ninth Federal Reserve If If (4 283,400,008 164,769,803 118,195,405 8,161,999,593 532,785,506 784,842,538 • « 4 Total 163,658,458 A 1,161,029,008 528,268,655 797,617,106 — • 1 8th 290,800,000 - 768,329,051 2.3 Louis Kentucky—Louisville Tennessee—Memphis Illinois—Quincy statement showing the figures for each city for the Reserve District—Kansas Nebraska—Fremont + 9,319,65**" 4,413,48© City803,657 Inc. or Dec. 1951 Vo $ 1950 $ . River 1,925.371 + 4.8 1,924,736 1,778,193 4,363,467 + 7.6 4,176,176 4,879,674 525,425,121 558,599,862 5.9 609,507,408 535,745,757 2,534,328 —. 2,436,383 + 4.0 1,995,782 + 8.7 1,115,316 22.2 2,016,351 2,305,344 9,926,225 + 2.9 11,128,010 9,851,900 7,323,099 + 9.7 8,305,506 8,176,760 27,955,475 13,226,484 Connecticut—Hartford 13,416,953 + 5.4 29,133,532 1.4 13,935,400 26,387,319 ' Rhode New 133,556,791 126,034,874 + 6.0 143,137,030 156,974,615 Kansas—Topeka 5,705,606 Total Haven Island—Providence. Hampshire—Manchester- 1.3 364,177,345 358,831,533 9,944,434 + 4.9 13,856,428 13,717,057 2,660,206 + 69.7 2,745,041 + 6.5 2,888,385 2,633,891 2,356,840 2,923,541 (10 cities) 9,395,154 14,515,825 293,898,096 4,514,711 ___ 18,349,847 470,431,913 Pueblo 9,157,524 —12.2 10,433,345 Joseph. Colorado—Colorado Springs —18.1 17,344,155 290,019,506 C$y 6,968,212 15,226,604 Wichita 467,528,500 + 0.6 564,216,703 568,414,424 — 2,817,888 Eleventh Federal Reserve District—Dallas— Texas—Austin 5,847,797 31,044,900 29,532,500 1,711,379 1,841,946 632,244.379 660,596,005 — + — 12,967,559 5.1 29,204,500 7.1 1,658,784 1,922,901 4.3 714,101,501 Fort Galveston 29,245,052 — + — 1.9 6,693,772 6.213,263 10.2 361,535,336 35,603,592 297,484,983 8.3 4.7 31,620,532 6,298,000 6,862,000 5,919,000 6,213,000 ; 5,720,410 4,927,279 + 16.1 5,823,643 6,032,614 Louisiana—Shreveport 10,498,028 9,298,926 + 12.9 10,504,135 10,529,788 380,753,933 351,493,052 + 8.3 427,022,478 358,179,172 —28.1 173,895,158 145,856,403 Wichita Falls 640,115,823 33,227,300 295,849,498 26,820,148 Worth 5,959,297 325,948,550 Dallas Worcester New 6,685,601 900,164 917,526 + 29,473,847 Springfield 1,024,047 2,250,677 8.031,135 — 2,750,771 10,218,970 Bedford— 8,552,835 1,955,590 — 1,112,714 Lowell 597,33© 522,575 4.0 St. 4,696,652 Massachusetts—Boston 563,254 + Missouri—Kansas 2,018,078 Portland New $ District—Boston— Maine—Bangor Fall 1952 $ First Federal Reserve —33.9 6,533,016 Omaha 1953 at— + 12.8 687,803 6,793,329 Hastings Week Ended Nov. 28 Clearings 712,663 454,823 Lincoln week ended Nov. 28 for four years: Total (6 cities) — ' Total (12 cities)—. — . Twelfth Federal I Reserve Yakima York—Albany Binghamton Buffalo Jamestown 28,040,206 3,498.113 3,344,949 105,499,660 99,012,464 — 2,045,729 2,238,578 — 1,774,405 1,756.535 _ _ Elmira New 24,285,691 —13.4 + + 26,348,021 20,400.530 4.6 3,498,920 2,617,918 6.5 108.981,934 100,655,240 1 York — + 136,191,985 75,625,161 Beach San Francisco 1.0 2,024,682 2,155,497 San Jose 7,801,989,861 3.6 8,845,045,975 8,807,155,598 26,534,093 22,814,583 + 16.3 23,601,225 14,158,923 + 3.9 16,429,840 15,611,167 24,759,794 19,624,847 + 26.2 15,692,509 50,218,642 1.0 60,930,111 62,401,596 59,183,691 5.4 65,625,800 63,337,658 Total (11 cities)— 7,838,872,408 8,102,383,279 3.3 9,170,201,561 9,102,746,316 4,896,407 10,228,445 4,404,949 Barbara + — — 4 19.6 4,477,266 3,934,917 6.2 166,319,217 86,355,854 151,353,21ft 7.7 4.5 15,123,419 72,918,42© 16,598,873 6.0 10,558,363 11,863,521 + 5.2 587,454,837 + 20.8 14,371,181 480,863,890 12,876,876 —10.0 —14.8 5,376,268 14,034,372 4.8 1,077,965,935 1.8 17,969,625,983 16,969,155.191 0.1 9,124,580,008 8,161,999,593 — 4,721,010 52,618.421 Northern New Jersey 15,537,543 13,775,601 49,728.399 464,226,926 22,497,107 14,705,542 Santa 16,256,881 11,458,574 441,309,385 12.867,442 10,771,303 1,921,579 7,523,639,386 81,903,284 16,982,953 City Pasadena 2,022,544 Syracuse Connecticut—Stamford P California—Long 8.6 Rochester N. 4,140,640 _. Lake 189,780,291 3,462,383 145,263,644 136,541,363 Oregon—Portland Utah—Salt i District—San Francisco— Washington—Seattle Second Federal Reserve District—New York— New ' ,r J.—Newark — M-. Total 917,426,736 cities) 15,544,619,127 15,831,419,817 + Outside New York City_^ 8,020,979,741 8,029,429,956 — (10 cities) total (111 •Estimated. . 9,111,278 . 873,136,200 Grand — 8,713,377 Stockton — — 910,098,31*J ^ 48 The Commercial and Financial Chronicle... (2240) districts. of the other Foreign Exchange Rates credited deposits 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: the requirement Pursuant to FOREIGN NOVEMBER 1953 27, DECEMBER TO 3, TREASURY UNDER TARIFF ACT deposits increased S23 mil¬ Government to domestic of assets and liabilities of reporting Nov. 30 Dec. 1 s s $ .200000° .200000° .200000° .200000* .133333° .133333° .133333° .133333° .200000° Preferential .133333° : Free ■> .0719820° - Australia, pound .0719820° 2.240780 — Wednesday 1953 $ 1 ! Free Other .0385^02° .0385802* .0200562 .0200500 .0200625 .0428082°t .0428082°! .0428082°'! .0428082°! .0352609°! .0352609°! .0352609°! for purchasing Other U. S. loans Treasury .210550 .210450 .210550 .210450 Treasury .00435401* .00435401° .00435401° .00285625 .00285625 .00285625 .00285625 .210550 .210466 .210C25 Treasury notes .00285625 .210550 .210466 U. S. bonds Other Reserves 2.809687 2.811250 2.810625 .116270 .116270 .116270 .116270 Cash .264100 .264100 Balances 2.783415 .264100 .264100 2.783415 2.781971 , \ .140154° in 100 + 9 + 143 — 769 + 94 — 2,172 — 59 + 2,934 indebtedness 6,886 — 136 + 981 + 710 + 2,241 18,059 — 28 — 7,418 — 6 — 47 14,607 — 142 — 988 972 — 13 — 14 177 + 90 617 — —— Federal with .140154° .496766° .496766° .496766° Demand .0349000 .0349000 .0349000 .0349000 Time .193233° .193233° .193233° .193233° .193233° U. .232450 .232087 Interbank .232380 .232450 .232475 2.801681 2.800747 2.799293 2.812187 pound..— United Kingdom, pound sterling Uruguay, peso 2.811132 2.809726 .658327°! .658327°! .658327°! .658327°! 2,482 — .561797°! .561797°! .561797°! .561797°! demand .425531°! .425531°! .425531°! + 19,130 23 + 3,956 — 10,428 — 374 1,500 + 397 725 987 deposits: banks ; banks 1,290 + — 76 13 1,098 _____ + 17 45 .561797°! .425531°! 54,314 Borrowings .658327°! — .425531°! — (San ♦Preliminary .531914°! .531914°! .531914°! .531914°! .330285° .328500° .327150° Francisco 534 — District). .531914°! .332600° (free rate) banks deposits adjusted Foreign 2.810625 2.811250 domestic deposits except government Government deposits S. Domestic 2.800124 2.800747 Banks Liabilities— .140154° .140154° .496766° .0349000 ; Reserve vault-— .496766° upon 381 + 2.782797 .264100 depends of — with 2.811145 2.784344 tApplication -f 5,401 securities—total securities .140154° ♦Nominal. 21 2 157 + — 7,974 certificates krone peso + 32,748 bills Philippine Islands, peso Portugal, escudo Sweden, krona Uruguay, peso Uruguay, peso 7 2,402 .326350 1.025312 2.812187 peso 163 + carrying or — Government ,.326650 1.024687 .116270 Union of South Africa, + 561 .326550 .00435401° Switzerland, franc 159 10 6,459 1.025312 .00435401° + + banks,,. .326550 : 160 1,871 pur¬ loans— estate to 150 762 loans for securities,—. securities Loans — agricultural dealers carrying or 1.025703 franc,. Netherlands, guilder New Zealand, pound Uruguay, .0352609°! and — and .326550 peso Uruguay, — chasing .0385802° Markka (Metropolitan), Norway, 23,217 industrial, — brokers to .210550 India, Dominion of, rupee. Ireland, pound Mexico, 1,805 2.239541 .0200562 .0352609°! rupee Finland, 1,759 1.025937 Malayan dollar. dollar France + + Real British Malaysia, Ceylon, 287 289 loans ,0385802° • Easic Canada, 943 — — Loans .0200562 —•—' schilling—.i + 4o!224 Commercial, .0428082°+ Austria, Belgium, franc Brazil, cruziero— 80,390 40,844 .0719820° 2.240039 2.233887 2.240039 investments—total,— 1952 dollars) Loans—net Dec. 3 $ .0719820° (In millions of and Nov. 26, Loans—gross Dec. i .0719820° Loans or since ♦Nov. 18, 1953 Thursday Nov. 27 Basic mem¬ Ir.c. ( + ) Nov. 25, (Value in United States Money) Tuesday all in dec. i—) Monday Argentina peso— demand banks follows: 1930 OF Assets— Friday and decreased —' A summary ber deposits banks districts. INCLUSIVE 1953, Buying Rate for Cable Transfers in New York Noon Country and Monetary Unit FEDERAL RESERVE BANK TO BY CERTIFIED RATES EXCHANGE Time States United lion. Monday, December 7, 1953 .325000° type of merchandise. Dividends (Continued from Page 14) Statement of Condition of the Twelve (In thousands of Notices dollars) Below will Inc. ( +) or Dec. 2, Assets— for F. + 7,999 — + gold ctf. 2,000 21,348,348 reserves + + 9,999 and Industrial loans Govt, Bought advances 117,298 2,443 + 340,840 — 21 + 25,022 1,164,443 — Bills 2,271,312 5,841,541 + 70.000 + 1,850,862 10,000 — + 845,825 13,273,671 Total • NOTICE outright under — 10,000 + 50,000 Canadian National Northern Northern Canadian Northern Commodore Northern LeTourneau U. S. 25,042,6174 1,330,862 + 3%-6% Quebec 38,000 Total Due F. loans from R. + 9,000 25,080.674 securities. + 59,000 and securities.. 25,509,872 foreign banks notes of Uncollected Bank Govt, other cash debenture stock 4% debenture G.I, Jan 31 stock__Jan 31 1978 1978 4% debenture stock—Jan 31 debenture stock—___—1—Jan 31 stock Dec 31 $4.80 pfd. stock Dec 10 1978 1978 Co., Inc., + — 50,362 1 51,496,672 32,766 + 66,471 — 22,573 + 146 + 177,135 Total assets 53,060 — 233,036 4,650 — 11,478 131,227 — 821,377 Liabilities— Federal Reserve Notes 26,455,398 + 19,473,625 — 76,392 + St. John 4% Ry., + 1,569 Other 339,396 Total deposits Deferred availability cash items Other liab. Total and accrued + divs._ + 21,098 + 50,412,426 192,810 1,768,661 + 1,049 — 303,104 — 76,860 428,172 + 139,082 9 2093 2039—.—Dec 15 1880 debenture stock—__Jan 31 1989 13b) Ratio 263,558 (Section Total 1,597 — of serves note gold to & Rockfish First Date 890,584 + 14,890 + 46,334 208!469 + 7,522 + 7,983 accts. certificate deposit liabilities and 51,496,672 purchased for 821,377 — re¬ F. R, bonds due i960.. mortgage 33/4% —_—Jan 1 de Tarapaca y Salitrera 5% 20-year 1665 Jan 4 1 1 2089 ° 2091 2 Pipe ISSUE Carrier 45.2% + 0.2% 0.4% accept¬ Illinois —Jan 1973 1 1 —Jan 20,662 + 760 3 129 + 99 3,298 811 — Auction Sales Transacted by R. L. Day & Co. in Boston on Wednes¬ day, Dec. 2: Share,s 1 390 22 100 Food Athenaeum Devices, Commercial Lexington ($100 106 STOCKS „ Boston - Inc. Wharf Trust (($300 (20c Co. Co., $ per share par) ,nn _ pari ■ ($10 par) ^arfet C°ld Storage & Warehouse, Maritime U pari""111111" ($100 Lexington, Mass. I ^ir^2 Corp. " 25 01tCS °f La Marne' Ma"lngly 846 DS«!i53^9teS"°' ^ Brinnell Co. Disticraft, RR.. 4:l/4% preferred debentures due 4'%% Inc* conv. reference mortgage stock 10 1966————Feb 1 2090 pref. stock.Dec 31 stock Dec 10 ° 1820 Dec 1978 31 ° 1.250 The M««'hVly" Cor"p; totalling *2° "* common A ($1 par) National Powder Extinguisher Corp., 2,500 National Powder Extinguisher $20.1ot ~ tiWiA* Corp., preferred adjusted, and of decreases $397 and million in $725 million in deposits credited to domestic banks. Commercial, industrial, and agricultural $84 million in New York City, $24 loans, de¬ million in Chicago, $22 million in the San Francisco District, $19 million in the Cleveland District, and a total of $160 mil¬ lion at all reporting member banks. Changes according to industry appear in another press release. Loans to banks decreased $157 General decrease of $29 million in the Atlanta District. Holdings of Treasury certificates of indebtedness decreased $59 was in the Cleveland Dis¬ 35% & int. 50c increased $286 million in Chicago District, $82 million in the Cleveland Dis¬ million in the Philadelphia District, $50 million in York smaller amounts in most 2- 1 12-14 12- 12-14 12- 1 25c 12-15 12- 4 12Vzt 12-15 12-10 50c 12-31 12-11 (quar.) 1 50c 12-31 12-11 12-31 12-11 40c — 12-21 12- 4 4 __ (quar.) 12-21 12- 30c (quar.) com. 12-31 12-18 12-31 12-18 12-18 $1.50 1- 2 67 Vac 1- 2 Tin American of 12-15 35c 1- 2 12-15 Ohio— 55c (quar.)__ common (quar.) i. preferred (quar.) 12- 9 1- 2 12-15 1- 2 12-15 9c Ltd.— Investments, 12- 7 11-23 56 '/4C 1- 2 12-22 $1.25 receipts deposit 12-31 55c 59%C Plywood Co.— $2.25 preferred (quar.) Georgia Power Co., $5 preferred Georgia-Pacific preferred $4.92 preferred common 12-15 2 12-15 1- 2 12-15 100% 12-10 30c 12-23 12-10 $1.12',2 (stock Co. 2 1- $1.50 . 1- $1.23 (quar.) (quar.) (quar.)_„ Products 12-31 12-15 (initial) Gerber preferred dividend). (quar.) Corp. May Portland Co. Cement Yellowknife (stock Co:, Glsholt Machine $5 t5c 2% 12-28 1-15 Class class Glens Falls Insurance Glens Falls Portland (N. 1 11-30 12-11 11-30 55c (quar.) Inc. 30c (quar.) 2 V2 % 2- 1- 2 12-15 1- 2 12-10 12-11 12- 1 11-30 12- 1 12- 1 12-15 12- 1 $1.75 1-2-54 12-18 10c 12-11 11-20 10c Co., 12-10 10c dividend Stock 12-11 11-20 12-15 (quar.) com. preferred (quar.) Goebel Brewing Co. (quar.) — Extra Stock & Goldblatt Golden Co., Goodrich (B. Goodyear Tire Ltd., F.) 4% B 2 Rubber Co., com. & Co., Graham-Paige A Rapids 12- 1 12-31 12- 8 75c (quar.) 3% Co. 7 12-15 11-16 12-21 11-16 12-15 11-16 A (quar.) n2>2C 12-15 12- 1 — class Co. 125c 12-15 12- 1 50C 12-15 12- 1 (quar.) Insurance Co.— 35c — & 12- 12-15 $1.25 Employees R.j 7 12-31 80c (quar.»—2 (W. 12- $1 (quar.)—_ (quar.) Quarterly Grand 1- (year-end) Manufacturing Government Grafton 12V2c 15c pfd. Mackay Stores, Ltd., Class 2 dividend preferred Gorham 1- (special) Co. & $1.50 (quar.) (quar.) Inc. Co. Rubber Gordon Co. Telegraph Brothers, State Goodall Grace 12- 12-11 50c (quar.) Y.) Cement 2 12-12 25c (quar.) A 50c Globe-Wernicke Gold 7 1- (quar.) Globe-Union, 12- 12-15 25c (quar.)—. Co. 12-15 1 $1.25 (quar.) Distilleries, Glidden 4 11-20 25c Co. Glenmore B 1- t20c dividend) Gold Mines, Ltd preferred (quar.) Gillette Ltd., class A Corp.— preferred (quar.) — 12-10 11-30 11-25 31»/4C (accum.) Corp. 12-12 12-15 62 '/2C (accum.) preferred Varnish 12-24 40c t25C (quar.) 1- 2 2- 1 12-18 1-11 7 10c 12-18 12- 3% 12-29 12- 2 $1.37 Va 12-15 12- 2 12-24 11-27 iquar.) Granite City Steel Co.— Common (stock dividend) 51/2 % Grant by 12-15 (quar.)__ com. Corp., Corp., preferred convertible and 12-30 (quar.) common Co. Telephone class City, 12-15 (quar.)__ 5% New 2-15 1-2-54 56y4c . (quar.)_ Telephone preferred 5% Holdings of Treasury notes increased $57 million York City, $44 million in the Chicago District, and a total of $136 million at all reporting member banks. Holdings of United States Government bonds decreased $28 million. New 11-20 12-10 50c (quar.)___ of Michigan— trict. trict,' $53 1961. 4 80c convertible $5 Holdings of Treasury bills increased $94 million at all reporting member banks; the principal changes were an increase of $161 million in the New York District and a deposits adjusted 1- — Stock million. million, of which $50 million 4 1 $1.25 7% creased $20 lot in leading cities System Reserve States Government deposits United the — American Dry Ginger Ale 6s, April 15, Federal following principal changes for the week ended Nov. 25: An increase of $617 million in demand the Demand BONDS SI,000 the of shows common7l0c~ia«I Par> statement of weekly reporting member condition 1- 2- 40c preferred Gerotor Condition Statement of Member Banks 11-12 Telephone Co. 4'/2% this issue in 12-10 12-10 1 (quar.) Co. Co., Castings preferred New ♦Announcement 2 2- —_ Steel Extra $6 due 1 $1.25 - Refractories, General Page Dec preferred bonds 11-30 11-10 1- 50c Signal 4.75% Washington Gas Light Co.— 47/s% 12-15 12- $1.25 $1 (quar.) 4.40% CALLED Minneapolis-Honeywell Regulator Co., 3.65% Pitney-Bowes, 12c 1 Co.— Equipment, com. (initial quar.) Railway Extra $6 11-24 $1 preferred General 5-10 12-11 $1.50 Cement preferred 5% 11-17 5 -25-54 84 %c (quar.)_ __ Advertising in Corp. totalling l$25~~parFIIIIIIII!l""""""' Inc., 31 \/A common 9 D$?5 $2.90 12-18 12- 93 %c (quar.) Precision General Date cumulative conv. 4% Central demand foreign correspondents Industrial loan commitments.. _ (quar.) Portland General General 1-25 12-15 12-15 $1 Printing (quar.) preferred (quar.) Corp., com. pfd. 1st series (quar.) 4>/2% 12-15 25c (year-end) common 4 9 $1 3%% Corp., 1- $1 ' Package $1.40 and Issue— Corp. 2 15c (quar.) preferred (quar.) 6% 2.70% Jan Line Co.— 3»/2% 1st mtge. & collat, trust, series B Pacific Finance Corp., 5l/2% capital debs, due Company 12- Common General ° Antofagasta— debentures Interprovincial 12-11 (quar.) com. (quar.) Outdoor General Appalachian Electric Power Co., 4.50% pfd. stock——Jan Bolivia Ry. 5% mtge. & collat, trust bonds, series A——Jan deposits combined on 131,227 & Inc., preferred General Ampal-American Palestine Trading Corp.— 4% sinking fund debs., series A, due 1966.—— Compania Page RR.— 27,543 cap. Manifold preferred $5 9 15c . preferred General 12- (increased)—— Corp., Motors 12-31 75c preferred A (s-a) General Fireproofing Co. General 15c (quar.)___ 5% Mills, 9 12- - ___. Finance 9 12- 12-31 Corp Co. Electric Special General 12- 12-31 25c (quar.)_____, Extra banks <fc Contingent liability ances 333 + 584 676 accounts liabilities General Giant Surplus Dynamics of Rec 12-31 $1.25 (quar.) _ Batteries Dry General Giant 7) capital (quar.). General REDEMPTION Capital AccountsCapital paid in Burplus (Section Other preferred par) par) Holder$ Pci/able 20c Year-end 193,231 — 291,285 3,166! 199 1,465,136 — 4,626 20,769,731 liabilities — 4,182 430,899 Foreign + Dec due A, and Issue— Company ENTIRE 301,662 525,811 1988 448,308 Deposits: Member bank—reserve accts. U. S. Treasurer—gen. acct._ stock. common Transportation Co.— mtge. bonds, series Lake & 1978 Ry., 4% common consol. Aberdeen 12~, 829 — 3,958,433 assets 1,112,562 — 142,254 items premises Other + 281,819 — Page 218,300 — 22 banks.. 6% 5% Ry., Quebec Ry., Inc., Power States (R. 4% Ontario PARTIAL Total ($20 General TENDERS Date Ry., Hotel, 865,825 — repurchase agreement ($100 preferred General (quar.) common preferred $3.75 500,000 — 3,656,150 OF and Issue— Company Philadelphia bought Held bonds, notes, given in the "Chronicle." were Canadian 1,179 securities: Bonds details Canadian — outright— Certificates of corporate tenders, and the page number gives the location in the current volume (except where indicated) in which the 796,703 — 13,289 426,755 Notes list a Share Corp., 5% General 310,246 Discounts 914,001 R. cash S. 1952 847,246 Total U. Dec. 3, 1953 20,501 102 notes Other Nov. 25, 1953 certificates Redemption fund found be Contract 5% preferred and common stocks called for redemption, in¬ cluding those called under sinking fund provisions. The date indicates the redemption or last date for making dec. (—) since Gold Name of Company General Federal Reserve Banks Combined When Per Redemption Galls and Sinking Fund preferred (quar.) (W. T.) Co., common v . — (quar.) 933%C preferred (quar.) Manufacturing Co. (quar.) 3%% Gray 25c American Great Lakes Dredge (N. & Dock Co. (quar.) (quar.) Y.» Extra Lakes 1- 2 12-14 12- 4 11-30 Industries, Inc. (quar,) 15c 12-15 11-20 25c 12-10 11-18 25c Indemnity Great Great 37VaC 12-10 11-18 10c 12-21 12- 8 1 -u. r.Uli ,1 Volume 178 Number 5279 ... The Commercial and Financial Chronicle (2241) When Per Name of Great Company Share Lakes Class Paper Co., Ltd,, preferred (quar.) A Class B preference Lakes Power Great 5% 1st preference Northern cates of Great Northern Ore Ry. Great Tex.) (quar.) 12-10 11-30 12-18 40c 12-10 2 1- $1.75 Cement 2 1212- 1 com. 2 $1.06 7i 12-31 3772C (quar.) 1- Store Products preferred Insurance Co. (quar.)__ Mobile & Ohio RR. com. (quar.) 12-10 Industrial Industrial Silica, Rayon $5 preferred $5 preferred Oil Stock States 11-27 3-12 4.64% Dfd. (quar.)__ Utilities Co., common 2-25 6-10 2c 2-20 12-10 10-23 47* 12-10 10-23 2 12-15 1- 30c 12-15 Wire Co., 6% Shares, Insurance of North Business Machines $1.10 12-15 11-20 International (quar. Corp. Harvester $1.11 12-15 11-20 International Minerals $1,127- 12-1S 11-20 Common (W. Oil Co.. Well Cementing common Hamilton Cotton. Hamilton Mfg. Watch Ltd., Co. convertible Hammond 5% pfd. (quar.i____ Organ Co., (quar.) 47a 7* Hanover Stock Banl: ; (A.) iN. k Co., International 12-10 11-24 3-10-54 2-23 Cooley preferred <year-end) prior pfd. Industries, Inc. (stock Glass Co. Hcileman Helena Co.. 3.657c A dividend) common Co., Extra Extra' (quar.) Inc. — 2 12-14 1-22 1- 1-20 1- 2 2-1-54 Co., conv. prior 12-15 Statler, Stock Inc. 4 Jamaica 12-10 11-16 1- 4 12-15 12- 12-15 12- 12-31 12- 1 4 1- 4 12-16 Jessop 1- 4 12-16 Jewel 2 12- 7 2 12- 7 1- 2 12-18 1- 2 12-18 12-22 12- 7 12- 12-15 1-25 & & 5% 12- 11-20 Julian 11-20 K. 2 Extra W. 2 Sons (E.) 11-30 12-10 12-24 12-11 5% 12-29 12- 1- 11-27 2 12-11 12-15 12- 1 1- 2 12-21 12-31 12-23 12-31 12-23 12-10 11-19 4 12-15 1- 12-10 (quar.)— 11-27 12-17 12- 1 12- 1 12- 1 12- 4 12-17 12- 1 5674c 1- 12-17 2 Kawneer Co. Co. Kelley Island Kellogg 12-31 12-31 12-10 12-10 10c 12-10 20c 15c Extra (quar.) 11-30' tsi 50c 12-21.,- 11-20 12-15. 11-30 12-13 57C 12-10 12- f 4 11-10 2-15 1- 2 12-16 12-15 11-30 75c 50c 1-15 12-10 1- 50c $1.1272 1- 2 2 12-31 12- 1 12-11 12-11 1- 2 12-11 2 12- —— $1.0674 1- 12- 4 $1.1272 1- 2 12- 4 $1.25 1- 2 12- 4 _-___ _____ 4.757* 2 4 (quar.) 12- 1 of Gas Co., preferred Coal & Dock, preferred (P.) 5 7* Co., Common Copper Stone (year-end) common (quar.) (s-a) Utilities Co., Los Angeles Investment Los Angeles Transit Louisiana Land & Co. (quar.)— 12-12 11-30 12-12 11-30 12-15 11-30 12-15 11-17 12-10 3-10-54 12-10 3-10-54 12-31 1-2-54 12-15 1 12-10 11-19 2-18 11-19" 2-18 12-21" 12-22 12- 4 & Lines Steel 12- 4 12- 4 12-18 12- 4 12- 7 11-20. 12-15 11-20' 12-10 12- 1-1-54 4-1-54 1- 2 1 12-19. 3-20- 12-12 (quar.) 2 12-12 2 12-12 12-15 12- 12-14 12- l! 50c — 12-15 12- 1 12- 1 $1 Co. 1-15 50c (reduced) 12-15 $25c 12-15 1 12-13" 12- 1 10c 2 12-15 1- 2 12-15 $2.25 12-31 12-15 $1 (extra) Co. 1- 5% (quar.) Co. 12-15 12- 12-10 12- 1! 177ac (quar.)—. 40c (quar.) 20c 12-15 1 — 12- 4f dividend 11-16 Lyttons' (Henry C.) Macassa Mines, 11-30' 12-28 ll-30< Lytton & Co. (quar.) 12-10 11-25 15c — 15c 12-10 11-30 127aC 12-15 12- *2c (reduced) 12-15 11-13* — — Ltd Mack Trucks, Macy (stock 1 5% 12-18 1- 2 12- 8 40c dividend) 1-15 40c (R. H.) & Co. (quar.) Inc. 12-31, 12-10 5% (quar.) 1-11 35c — Mfg. Co. Corp. 11- 25c end Stock 8 $2.50 (quar.) Exploration Co. Sales Corp. Clock 12-10 1- 12-18 30c Ludwig Baumann & Co., 4 72 7* 1st pfd. (s-a) Year 12-31 45c dividend Lukens 12-11 627aC (quar.)_ (quar.) Mfg. Stock 4 4 12-24 $1.18% — Lowney, Ltd. Ludman 12- 12- 8 35c (quar.) Year-end Ludlow 1-12 2- 35c (quar.)_ 11-16 12-15 11-27 4 1- 2 12-18 $2.25 12-16 12- 1 1-15-54 1- 8 4- 8 377aC $1.25 common 12-10 12- $1.75 4 37V2C 4-15-54 Co., (quar.) preferred Kentucky Corp. 2 *$1 (extra) (interim)--—__ common 4 12- 1- 12-21 $1 (quar.) 12- 12-15 11-14 40c preferred 12- $1.1272 (quar.) 12-15 $1 Lyon Metal Products (quar.) 4 9 11-13 12-15 50c Extra 11-30 4 12- 12-10 62 %C 12-15 12-15 9 12-31 50c (year-end) 35c 12- 12-12 12-12 12- 50c preferred Lynch 12- 2 2 $1.10 (quar.) 12-15 12-15 11- 12-31 $1.10 (quar.) common 12-21 12-^9 12-12 35c 5 1-2-54 2 10c 5 50c 1- 50c !_ 1- *3772C 12-12 4% (monthly) Ltd. 1- 877aC (quar.) (quar.) 2 50c (quar.) 25c 20c Ltd. Canada, common 1 1- 377aC 25c (quar.) 12- $1.75 (quar.) 25c Lime & Transport 1 12-15 20c convertible Lorillard Lux 1 12- 62 72 c dividend) (s-a) Lunkcnheimer 12-15 12- 12-15 15c Tenn pfd. (quar.)__ (stock Theatres, Corp. Cement 12- 4 25c _______ of (quar.) 12-18 5 11-27 12-15 50C Luminator-Harrison 1- 2 5% 11-30 12-15 1- 20c (quar.) 12-15 25c 11-30 11-27 22 7aC common 40c (year-end) 12-15 22 7aC (quar.) (quar.) Longhorn Portland Cement 7% 4 12-10 25% (Marcus) Star 5% 11-16 377ac (quar.) preferred Corp. 25c (quar.)______ preferred Kentucky 57* 1 1- Extra 472% 3- 28c — Co., Kennecott 30C Refining Co. 11-27 12-23 4 Ltd.— , (initial) 1- 2-15 $1.07 common (quar.) (year-end) preferred (quar.) Kelvinator Kendall Lone 12- 12-15 37 7ac A Year-end 2-15 1 (quar.)_— Co., 11-25 12-10" (quar.) common common Common 372% 11-20 - 1 3- 2 25c — Steel class 25c Tool 12-31 1-15 (increased) Extra Keller 12-31 1-15 Co. 3- $1.75 (quar.)_ Trecker & 95c $1.12%: (quar.) (Julius) Kearney 1-15 $1 Co., com. Co., Light, preferred 1-15 $1.10 (quar.) Smelting & 1- * preferred (quar.) preferred (quar.) Power 60c (quar.)__ 30c Co. Electric $1.25 $1 __________ (quar.) Structural & 93 %c common (quar.)—_ Loew's Lorain 45c preferred (quar.) preferred <quar.)___ Drug Co. (quar.)_____ Kayser 12-10 12-21 11-27 12-10 30c (quar.)__ Katz 12-21 12-18 preferred 474% 12-19 Star Co.— 47i% 57* Candy Lone 10% City 2 Loft 12-31 1 Gas 2 11-30 1-11 12-18 11-30 12-15 12 7a c (quar.) Loew's, Inc. 12- Kansas 11-25 12-12 25c 2 12-14 5 25c 62V2C 1- 1-11 1% : dividend 11-30 12-10 City Southern Ry., preferred (quar.) 12- Stock 1- 1-20 10c common Extra 12- 12-10 1-25 *4c (quar.) preferred 12- quar.) Y., Lock Joint Pipe Co., common 8% preferred (quar.) Lockheed Aircraft (year-end) 12- 35c Light N. Industries Oil Co. 2 1- (quar.) & of Service, 12-15 Vegetable Parchment Co. Power Lincoln 12-12 (quar.) (increased Park 12-15 — preferred (quar.) ■ 472 7* preferred (quar.) Kansas City Public Service Co.— 57* preferred (accum.)— 12- 12-30 ——- .___. 4% 4.28% 2 627aC City 47a% 1212- 12- (quar.) preferred 4% 8 preferred Common Kansas 9 1- 12-10 2 30c Lily-Tulip Cup Corp. (quar.) 40c — 5% 12- 12-29 12-10 2 1- 60c quar.) dividend $2.25 —l— Co., 11-30 2 1- 20C 627*c (quar.)— warrants (incr'd dividend Liggett & Myers Tobacco, 7% 50c dividend 12-24 12-12 Co. 11-30 11-25 $1.25 (quar.) common 1-18 12-11 50c Co. Liquidometer Corp. Little Miami RR., original Original Special guaranteed (quar.) Special guaranteed (quar.)__ 12-10 50c Glass Casualty Insurance Co. $1.50 1- c 40c Lion 7 12-10 $1.25 (quar.) com. 1 11-25 12-20 12-20 20c (quar.)__ : Products Stock 25c 1-15-54 ' 12-15 It, a 11-25 Madison Gas Magna-vox & Co. Electric (quar.) Maine 572% (R. C.t Public Col' 11-25 40c 12-18 12- 25c iir. (quar.)—— Service preferred Mallory (P. R.) 12-15 12-10 11-30** 377aC (quar.) Magoj.'Car Corp...— Mahon t 3-15 2 2 30c 1937) (quar.) 12-15 35c (quar.) — Battery 12-21 1 Co. Products Corp. convertible & 1 11- 7 7a C since Extra Life 12- 4 10c 12- $1.25 (quar.) Corp., 4 12-15 75c ,____ (quar.) Kokenge Co. 2 2- 93%c . —__—— __ & 1- 12-10 1- Joy 12-15 12-15 12-21 12-10 12-10 12-15 12-31 15c 12-10 12-10 11-20 12-31 30c (quar.)__ common Steel Manufacturing 11-30 40c Machine A 2 quar.)— __ Laughlin preferred 12-12 Co Co. Lamson Special_____ Jones 1- (quar.)— 12-21 10c Production & Jones 11-30 12-10 $1.25 (quar.)- Johnson, 2 12-10 12-18 62 «/2 Refineries, Inc Lincoln . & 90c 1- 12-10 12-31 25c (quar.): B Liberty 4 12- $1.25 (quar.) Corp. 12-15 2 12-31 1 15c (quar.) 90c preferred (quar.) 11-25 45c Year-end 12-30 — Motors preferred Johnson 12-30 •quar.)______; <cuar.)_ Bay Mining & Oil "1 Co. (initial Class 12-31 4- Liberty Loan Corp., 1- $1.25 12-21 25c common Corp., Sulphur common 4 1-15 12 7*0 payment preferred 12-10 X$1.75 (quar.) Co. Co., 12- 12-31 1% (quar.) first Stock 1-2-54 *25c (quar.)__ common.. Joslyn Mlg. & Supply Corp., 4V2% preferred (s-a) 25c Quarterly Hugoton 3% % 11-25 2-15 Steel Johns-Manville 4 11-25 Lake 2 1-15 11-18 RR.— Liberty Fabrics 5% 12- 45c ; Extra 11-27 11-18.' 12-15 (Richmond, Leverage Fund of Canada, Ltd.— Coupon Number 16 bearer share 50c (quar.)— A 12-15 12-10 75c J (s-a) Salt Co. 10c (quar.) common Supply, 1- 2 12-15 1954 Valley 50c ______ pfd. (quar.) B (quar.) Telephone Corp.— preferred (quar.) Tea 40c Hubinger Co. Hudson 1st $1.05 preferred 'quar.) Electric 5% Jefferson 1- —_ 2 12-24 35c preferred 12-17 1- 4% Service, Water preferred $1.0674 Corp. Sound Public 2 30c Increased Co. Jamestown Kansas preferred (quar.)—__! Lighting & Power Co.— Hoving Inc., preferred $5 quar.) — Heintz, 1- 5% Finance preferred 4.40U $5 4 (increased Machine Jamaica 11-16 12-15 & 77* 12-18 75C preferred (quar.) Houston Jack (quar.)_ 11-25 1- 12-15 $1 Resumed 12-15 12-10 40c Corp. common Libbey-Owens-Ford common _. 12- 12-15 Kansas (quar.) Corp., convertible 3%.% Extra 12-15 $1.12 72 Leslie 60c Co., 2, Lehn & Fink (quar.) Kansas Extra $2.25 Trust Co. 3.80% dividend Household Irving 12-14 — preferred (quar.) Horder's, Inc. <year-end.) Leonard 11-30 1- 1 *6c ^ II-30 12-21 30c 12- 25c (quar.) 12-21 12-15 12-15 11-25 Ltd.— Lehigh 13c 2 12-15 4 dividend), 17s pfd. shares share held, to be redeemed on Co., common 1 12-15 12-15 & 1 1- 1- 12-10 627aC Extra 12- 175c 4 15c $2.50 12- 30c Light Jones, preferred 12-15 Co.— 1- (stock each 12-15 1-15 12-18 12-18 127aC & 35c income 11-16 12-31 30c (quar.) ;_ A Inc., Leath 12-15 12-31 45c Insurance 12-18 12-15 & common (quar.). preferred Leece-Neville Co. 2 (Ft. 472 % Houdaille-Hc-rshey 58%c 2 4 2 Ltd.— (quar.) B (quar.) common 1- 12- 1- Electrochemical— preferred preferred 12-23 12-21 1- Stock ——— 12-10 1-15 16c $1.10 25c Corp 12-23 62'/2c (quar.) 8272C 12 72C —— , 57* (quar.) Jaeger 25c 12-10 (quar.) Kahn semi-annual 12-23 preferred Kalamazoo (Brooklyn) Guaranty Co. Lear, preferred 4 6272C I-15 3.30% 12-21 Co. 1 4.40% 2 12- 25c 2- America— preferred 12-15 Holophane Co. <quar.) Home Telephone & Telegraph Wayne), 5% pfd. A (quar.)— for 25c (quar.) (quar.) Power 1-15 $1 12-11 12-18 1- 4.807* Iowa Co., Co.__ Title Class 2 11-27 12-15 6272 c 12-16 1- 12-10 1- (quar.)_ 11-30 12-31 12-18 12-11 *$1.50 (quar.) 12-21 35c (quar.) Power (s-a) dividend Va.), $1 4 2 30c Sessions Blower Stock Lawyers 2 7a % Light & Investment Co. preferred Lawson 4 1-4-54 com. 11-23 1- 12 72 c 'quar.) 12-14 2 11- 10c $1.80 Lau 12- 15c Bleachery & Dye Works (quar.)_ Langendorf United Bakeries, Inc. (quar.) 25c Foundation, Ltd.— preferred (quar.) Electric 62 72C Mines, 11-20 11-20 11-17 15c Lanett 31c Common *35c Gold 11-20 12-21 25c , of 12-30 12-17 $$1.50 & April common investment conv. Iowa 1-20 Canada, Ltd.— Hollingsworth i<i Whitney Co., Hotels 67* (quar.t____ (quar.) 12-21 12-21 t25c (quar.) Co. net Special Investment 50c ——;—— Co.. From (quar.)__,__ pfd. pfd. 12-18 $1 (quar.) dividend Investment 75c :___ Consolidated Co., 50c (quar.)__ Co. Power preferred Stock 12-15 50c — 11-23 1-15 75c (quar.) (quar.) Department Stores Intertype Corp. 5 53 7eC : 12-21 12-11 12-15 (quar.) 11-23 60c (s-a) _ com. 5 Extra (quar.) Corp., (quar.) 1-15 1- Extra $1.20 Co. 50c 5% Corp. common 12-21 12-10 12-15 common pfd. 1 Extra 4 5c , 6% 12-23 2- $2.50 preferred (quar.). Lane-Wells Co. (increased quar.) Ltd.— 1 15c & ' 1 12- 12-15 *10c Lamson 12-11 12- 2 1- 2 (quar.) 12-15 12-11 12-26 12-21 1- Ltd. 11-25' 2 8 3 * 25c A ' 4 12-30 (quar.) Lambton Loan 1- 12- 12-10 $1.50 quar.) 1-15 1- 12-15 $1.12 7a (quar.) (increased ' 11-27 12- *5c 12-10 1- 50c Quarterly Oil 1- 2-15 (quar.)_ (quar.) _____ Year-end 11-30 (quar.)_ — 5% Furnace Honolulu 12-11 com. Hinde & Dauch Paper, Co. of Increased 12-10' 25c Higbie Mfg. Co., Hightstown Rug, Home Title 1-11 $1.35 Year-er.d___ preferred 1-11 common (quar,):— Heywood-Wakeiield Hollinger V 12-10 25c (quar.) A Hershey Creamery Co. Extra 1 Holland 4.70% 43 %c ; H.j 11-20 40c (year-end)—_____—_ ' (J. 12-10 preferred 25c ____ (quar.)— common Corp., preferred Quarterly Interstate 917.C (quar.) Products Corp., Hewitt-Robins, Interstate 50c Co. Chocolate 4•/»7c $4.30 11-25 50c • Hercules Steel 11-27 11-25 75c preferred new (quar.) Hercules Cement Corp. iquar.)_ Hershey 12-15 12-10 25c pfd. Canada, Corp. preferred Bakeries 12-15 10c 11-25 12-30 12-10 12-14 (interim) (Alfred), Inc., class B 12-10 12-28 $1.75 12-10 $1 Co., Ltd. (quar.) Corp. (quar.) (year-end 1 Co. convertible 12-10 30c -77c Powcer Interstate 10% (quar.)____ Class Utilities $1.40 11-27 50c (quar.) (George W.) Hercules International 2- 12-18 25c Rubinstein, Class 5 2-15 10c Brewing Co. Corp. (quar.i J.) Textbook 5c : iG.) (H. Salt International $1 (quar.) Hazeltine Corp. ^year-end) Hecla Min nc Co Hcin-Werner International 11-30 IV2C _ iquar.)____. Electric Hazel-Atlas 11-30 12-15 12-28 Co. Shore Mines, Lambert 12-28 10c (quar.) 12-21 10% 12-15 $1 (quar.) Lake 11-14 50c 2 Corp.— — Products $1.12 72 . 4 11-14 $1.50 A (quar.) (quar.)_ 50c (quar.) Petroleum 40c (quar.)__ (quar.) Hawaiian $4.20 Co., International 12-15 preferred Gas 12- 12-15 12-15 50c 25c (quar.)— com. of (quar.) International 3l7»c common (quar.) $4.25 Paper 12-15 3772C quar.) 11-17 1- 4 12-30 $1 1st preferred Mines, Ltd. (John), Ltd. Laclede 1- 4 (quar.) (quar.) com. Luz Labatt 1-28 12- (quar.) France Industries 12-15 1 8 2 25c common (quar.) La 12- 12-10 dividend preferred 2nd 12-30 $1 ; Ltd., 12-15 1 Hastings Mfg. Co. Hoover Paints, 4 11.37 7a (quar.) (initial 1 37Vic (quar.) Chemical Co. 1- *20c Co., Hartman Tobacco $4 Harvill Corp. Hooker Stock Nickel 4 $1 pfd. com. 12- 1% 12-15 40c 1- Co.— (quar.) convertible & Humble 12-10 $1.50 5727* new Chemical 4% 7* Howe 2 1272% Refractories preferred Harshaw Howell 1- 50c (quar.) Y.) (quar.) dividend Harrisburg Steel, 4% International $1.0674 preferred <quar.) Harding Carpets, Ltd $4 12-10 $1.12 72 67« Holan 2 25c (quar.) Co. A.) Harbison-Walker Helme 1- $1 (quar.) (quar.) preferred (M. common (quar.) Year-end 35c ; Paper Co., preferred 4(4% Heinz 12-10 50c (initial quar.) new com. ,! Hammermill Hayes 2 20c preferred Extra Hart 1- 25c (quar.) common 40c Quarterly *$1.25 (quar.) Co., 12-31 1- 1- 20c Inc., preferred 60c (quar.) *25c Hamilton 5% Co., * 1272c (quar.) Extra Harris 3 preferred (Calif.), Year-end 4% 1 1 35c (quar.) ; Kroger Co., 6% 12- 2 2- 10c common non-cum. Creamery La Products & 56 74 c preferred Hamilton Bridge Co., Ltd. Hanna 5- $4 4 1 1- $1 preferred Machinery Co. 35c ___________ '4.50(1 4% 1 45c (quar.) (quar.) International 6- 35c Quarterly 1 45c Halliburton Haloid 2- *25c (quar.) 3 12- t35c 1 *20c Printing Co. 12- 12-22 t50c 3- +50c i 1-2-54 1- 12-11 60c (quar.) 20c (S. S.) Co. (quar.) Kroehler Mfg., 472% (quar.) preferred $50c F. $6 Kleinert Rubber Knudsen 4 '/2c 12-15 (quar.)_ 25c (quar.) preferred Hall Kinney Mfg., 11-25 272C from 11-30 12-24 12-31 50c preferred Co., 12-28 2 V2 7* preferred <quar.) R.) 7 Fund: Cellucotton $4.44 A 1) 12-15 12-30 50c 30c (G. Koppers Co., dividend $4.40 Class 12- 11-30 $3.25 Special 12-10 1- 12-15 5c $3 (year-end 1 11-20 (quar.) 12-10 1-11 $2.50 (s-a).._ preferred Kinney Co.— (year-end) International gains) common 1 1 County Lighting Co. 15c (s-a) 38c Kresge Corp. Iron 12-15 common 11-30 32c Corp. 47« 12- 12-12 16c Corp., convertible I 12- of Extra 12-28 20 % $1.05 Ltd., 12- America— (quar.) Brass. 12- 75c Copper realized 2- 12- 12-11 from special a 5 "B-l" (55c (quar.) Kingsport Press, Inc. (quar.) Kingston Products Corp. (s-a) Ltd.— preferred Hahn 12-28 (accum.)— Fund income) "K-2" and 1- 12-21 75c Keystone Pipe & Supply Co., $5 pfd, (Walter) & Co 47* $50c preferred Consolidated International Cigar Extra Quarterly Quarterly Kimberly-Clark 11-25 12-28 Products Corp. (quar.) Interchemical 11-20 11-30 12-10 12- dividend Stock 12-31 12- 12-15 40c Kidde 12-28 (quar.) Interlake Int'l 12-18 $3772 0 from ordinary income and security profits Stock net 10- 47* 1 1- 4 11-30 15c Bond Fund income from 9 12-28 (accum.I $4.20 $4.50 preferred (quar.) Gypsum Lime & Alabastine of Canada, Ltd.— investment tlOc (quar.) ! investment Growth 2 *627aC preferred Investment net 1- $$1.0674 Corp. Cloth Rand Insurance Co. 8-23 11-25 3-12-54 (from 3772C (quar.) par) 6727* preferred Institutional 5-21 9-10 12-15 $1.16 (quar.) 72%* Institutional 11-27 12-15 50c (quar.) v Power Gulf 12-15 $1.25 <quar.)___ 6 Industrial 1-15 $1.25 dividend Gulf 1 Keystone Keystone Kings 12- 1-14 12-30 15c 12- 2 12-15 $20c (quar.)__ Extra 11-12 Holdert Payable of Ml 35c Ltd. Key Company (year-end) Keyes Fibre Co., class A (quar.) Keystone Custodian Funds— 1-15 12-14 60c Extra Kerr-Addison Gold Mines, Kewanee Oil Co. (quar.) 1-15 2-1 $3772C Year-end 2- 1 When 8hare (quar.) $1.50 Inspiration 11-30 $1.25 (quar.) Corp. 11-30 12-14 $1.25 (quar.) preferred Ingersoll 12-14 50c a <quar.) preferred 11-27 50c ■ iquar.i . 1-15 11-27 12-21 50c Extra Common 1 12-21 127ac 12-11 2- 6% (Canada) (quar.) ($30 ($40 par) 20c (quar.) Life 12-11 12-31 *$1.25 preferred $1 Extra 12-31 Co. $2.70 quar.) preferred 20c Grocery 11-19 $1.25 ___ (quar.) 57* 50c i (quar.) (increased preferred 12-18 4 2- 3772C (quar.) RR. 5% 12-16 12-31 12-15 15c Industries, Ltd.— deposit receipts (interim) Common 47»7* 1- 25c 11-23 35c Central 57* $1.50 11-23 12-18 50c ; (quar.) Imperial Tobacco Co. of Canada, Ltd. (quar.) Indiana Steel Products (quar.) Industrial Acceptance Corp., Ltd.— 4 12-10 12-18 2- 15c dividend) (quar.) Co. Imperial Life Assurance Co. 12-10 12-18 12-31 *25c (stock Per Name of Company Kerite 12-19 1 $1.25 (quar.)_ Breaker Co. Brick 12-30 57* (quar.)_ —: 10% Circuit American 1 $1 pfd. 12-15 Imperial Chemical 12-10 50c - «quar.) Corp. 5% 4 1- Corp. Extra 11-30 12- 1- Holdert Payable of Rec. *$1.50 Extra 11-30 12-10 30c (quar.) dividend E. Ideal 11-25 12-10 66% % (quar.) . $5 11-30 issue preferred Gulf 12-10 Inc., 67<?fpreferred. Extra 55 I. Illinois called for redemption on Jan. 1 at $107 per share plus this dividend Greyhound Corp. common (quar.) 47t % preferred (quar.) Gulf 1 4 40c Copper Co. (year-end). Tap & Die Corp. (quar.) Greenwich Water System, Gulf 12- 12- $1 Cananea Grinnell Co., 12-30 (Houston, <quar.j com. Corp. Securities 12-18 Illinois Griesedieck Western Brewery, Door & 60c dividend Entire Sash pref. B (s-a)__ Hydraulic Press Mfg. 60c Greenfield 5% Hydro-Electric Stock ; Insurance Great Western Sugar Co. 7% preferred (quar.) Green Huttig 1 $2.50 : Stock 1 12- T. When Share Mortgage 50c 12- 12-31 certifi¬ (year-end) (quar.) Extra Erie 12-31 Co.— Life & *31 74c Properties, preferred Southern Huron 5 % ; Northern Per Name of Company 1 +30c interest Paper Co. Non-cumulative 12- *6272*0 Extra Great 1-11 Ltd.— (quar.)_^ Iron beneficial Holder• Payable of Reo 140c (quar.) Corp., Great (quar.) com. 49 Co., commbhl! 27 72 c (quar.)— & Co., Inc. 35c (quar.) 50c 2 1- 2 12-22 1- 2 12-22 12-10 11-2* 5c Mohawk Carpet 11-20 Mohawk Rubber Mojud 11-20 11-20 11-20 76 %c 12-10 11-20 3%c 12-10 11-20 Molybdenum 2c 12-10 11-20 Monarch 5c 12-10 11-20 Monmouth 5c 12-10 11-20 7c 12-10 11-20 7c 12-10 11-20 7c 12-10 11-20 7c shares Industry — shares 12-10 11-20 ———— ———— Extra shares Petroleum Mangel Stores Corp. — 7c (quar.) 12- 12-10 1- 40c 12- 32'/2C Montreal 12-15 Moore 12-18 11-30 2- 1 1-20 $1.75 1- 2 12-18 preferred series A (quar.)_______-— 7% preferred series B (quar.)_ — Moore-Handley Hardware Co., Inc.— 1-15 12-31 Moore-McCormack Lines, Inc. 1-15 12-31 Morgan Morris Common 120C — — U7'/2c (quar.).——_______——— Basket (Los Angeles), com. (quar.) preferred Martin-Parry Corp. 2 12-20 25c . 11- 2 12-20 15c (quar.) preferred 25c 1- 5 12-21 434% 52'/2C 12-31 12-11 115c 12-15 11-13 Mount with Harry G. Ferguson Master Electric Co. (quar.)— 5% cos, 40c (quar.* 10% Chemical Corp., 4.25% preferred 50c I quar.) com. (quar.) Navigation Co. ■ — W.), (J. Co. Maytag Inc. McCormick Electric McGraw Corp. Extra Publishing McGraw-Hill Year-end Inc., McQuay, Co. 5% Telephone, 12- 1 1 11-16 12-14 25c —— _____ 15c 15c 1- 11- 12-12 12-31 12-15 participating preferred Mengel Company, convertible 2 Mercantile (quar.i 1st preferred (s-ai—___ Stores Co., Inc. (quar.) Merchants Refrigerating 5% Class Merck B 12-23 12- 12-31 12- $4 (quar.) A Inc., common (quar.)_. Co., $4.25 preferred Textile 12-11 1- 2 12-11 12- 12-18 Co. __ Corp., 12-10 2 12-16 12-10 12-21 12-10 4.45% preferred Gas Products Corp. Oil & Corp. Class B 11-21 Ltd., Co, class 6% A 11-23 National Presto 12-17 11-23 National Radiator Rubber; Machinery .' 1 National 1 12-4 1- 1 12- 4 1- 1 12- 4 Malleable Co. & Mfg. Securities 1 12- 4 1- 1 12- 4 From 12- 7 Income 12- 9 12- Growth Series, and income Extra Mickelberrys 9 National National Starch 12-15 12- 1 1-11 1- 2 National Steel 1-11 1- 2 National Steel 5 Products Co. (year-end) Micromatic Hone 20c 12-14 11-20 12-14 11-20 Corp. 25c (quar.) Petroleum Corp. (quar.) — Extra Midland Midvale Oil Corp., $1.50 Oil 4'/2% Rubber Mfg. A Co. (quar.) com. (quar.) (quar.) (monthly) Brewing National Transit 12- 3 Natomas Nazareth 12-15 11-30 Nehi 1- 2 12- 4 Neisner 1- 2 12- 4 Extra $50c 12-31 11-30 12-15 11-30 Inc (quar.) preferred (quar.) 12-22 11-30 25c 12-12 $1 12-12 . 11-21 11-21 $1.15 New $3 B Line com. (quar.) —y 4^———• Missouri-Kansas-Texas preferred Portland (quar.).:. England New Haven 12- 7 12- 7 New 12-16 £7*1-30 New 50c 1- Increased 4% 4 12-11 12-16 12- Haven Co. (quar.). Otter of (s-a)__ Co. Outboard Marine Overseas & (from realized stock) net or 4% Co., Paper Pabco Products, iquar.) Pabst Brewing Co. Stock dividend Can (quar.)___— Fire Gas Car & Clay Products (quar.) Greyhound Pacific Indemnity Pacific Intermountain dividend Stock (quar.) Co. (quar.) Express (subject to ICC approval) Water Co., Corp 5% preferred (s-a) iquar.) Porcupine Mines, Ltd Mfg. Page-Hersey Tubes, Ltd. preferred (quar.)____ __^—__— preferred (quar.) Pantex Mfg., 6% preferred (quar.)— Pamour American Pan & Pipe preferred conv. 12- 12-23 12-14 12-23 12-14 Parker Co. (quar.) 2-2 1-2 12- 4 Parker Rust-Proof Co. (quar.) 12-11 12- 4 New Jersey Water 30c 12-12 11-19 New Jersey Zinc $4.25 Co. 75c 12-15 1- 2 11-30 11-30 pfd. Appliance 12- 7 12-7 7% preferred Iron $1.06'/4 ,<____ & 1- 2 12-10 50c -12-10 11-20 12- 8 $1,467 25c 2 12-11 12-11 11-30 1- 12-10 11-16 12- 1 $25c 30c 2 12- 8 12-15 12- 5 12-15 12- 5 12-15 1- 1- 2 12-21 97'/2c $1.10 $1.11 75c 1- 2 12-15 1- 2 12-15 1- 2 12-15 12-10 11-12 12-10 11-12 12-31 12-11 12-14 12- 4 25c 12-14 12- 4 12-24 11-14 12-31 12-17 12-23 12- 7 25c J5c $1.68 12-10 11-21 1- 2 12- 4 1-30 1-15 12-28 12-10 12-15 11-30 12-11 12- 4 — common (quar.) : (quar.) Corp. (quar.) Special Penlck <fc Ford, Peninsular Penn 1- 2 12-15 12-26 12- 5 12-26 12- 5 12-10 12- 1 20c 20c 37'/2c 40c 12-21 12-10 12-11 11-16 7 11- 4 12-12 12- 2 12-15 11-30 1-15 1- 2 12-24 12- 7 1-15 12- 1- 2 12-31 12- 1 1 12-29 12- 12-18 11-30 1-19 12-28 12-21 12- 12-21 12- 12-15 12- 12-15 12- 12-10 12- 75c 50c 5% 35c 1- 2 12-31 4- 1 12-15 12-18 3-19 12-15 12- 12-14 12- 1 $2.50 t75c $3c 12-15 12- 8 1- 1 2 12-15 12-15 11-19 12- 8 11-13 62'/2c $1 2'/2c 37'/2c 25c 12-15 1-2 1-2-54 1- 2 12-31 11-30 12-15 12-18 12-13 11-20 Ltd. (quar.) Telephone Controls, Co. (quar.) Inc., $1.20 pfd. Stock 11-20 12-15 12-21 12- 3 12- 8 1- 2 12-10 12-29 12-31 12-15 12-15 12-20 12-20 12-18 12-22 11-30 11-30 12-11 12-11 11-27 11-27 12-14 11-27 cl. A (quar.) 1- 2 30c 12-15 12-10 12- 1 11-30 12-15 12-15 Corp. (quar.) dividend Corp. — (s-a)_ (quar.) 50c 12-15 50c Cement Extra Penn Fruit Co., common Pennroad 12-31 22'/2c 25c 62'/2c 12'/2c tl5c t20c $35c 40c 40c (quar.) (quar.)___! Steel Peerless Cement Penn-Dixie (quar.) 5 45c 12-29 50c Co. (s-a) Extra 1- 2 5 12- 25c 50c preferred Transportation Co., Ltd. Mfg. Co., Ltd., Peden 1- 2 5 12- Corp. non-cumulative Parmelee Paton $1 12- 12-30 80c Sheraton 4'/2% 12- 4 11-25 12-21 12-30 25c Extra Park 12-29 $1.01V*, (reduced (quar.)_ Electric Co. Paragon Patican ... (quar.) — 4% 5% 12-15 12-15 11-19: Line Co.— 12-15 11-30 11-30 12- 1 1- 2 11-2011-20 12-10 12-10 Transport Co.— 1 1- 2 12-15 12-15 12-12 12-10 12-10 75c Petroleum Extra 20c 20c 35c 75c (s-a) II-30 12-23 15c (year-end)__ Consolidated 12- $1.50 quarterly 11-30 12-19 $1.50 Lines 12-15 Pulp & Board Co.— 1 12 '/2c Extra (quar.) 12- 7 12-15 1 12- 12'/2c (quar.) Co. Eastern 1- 2 12-30 12- 12-15 50c : Common 50c 12-15 10% (quar.) Foundry Co. dividend Pacific 50c (quar.) 12-21 2 40c 5% dividend Pacific Panhandle 40c Insurance 1- 2% (quar.) 12-21 12- 4 12-10 1-15 1 12- 11-25 15c — Co. 1-21 12-15 12-30 12-19 11-30 12-15 12-10 $1 25c (year-end 1 com. 1- 5 12-11 $3 12-30 25c common Inc.. preferred Pacolet cap¬ X8c 25c 40c 50c 15c 15c 30c 25c Corp.^_ (quar.) Owens-Corning Fiberglas Oxford — Ltd.____, 12-15 1- 2 11-10 30c Co Mfg. Terminal, tlOc 22V2c .____ (quar.) ' 11-10 12-10 35c Manufacturing Co., new com. (initial) Power Co., common (quar.) 12- 1 1 12-10 17'/2c (quar.) Tail 12-15 4 12- 5% Building Tin 11-30 12-15 7.2% dividend Mills $2 25c Extra Ltd._ System Jersey Power & Light— preferred (quar.) 4.05% 4 Orangeburg Pacific 11-16 11-17 12-15 11-30 11-19 deducted. Corp. (quar.) Manufacturing Co. $1 (increased quar.) England Lime, common (year-end) preferred (annual) England Telephone & Telegraph Co.— Haven '":il-30 3c Fund New 12-26 be 10c (quar.) common gains payable in cash 12-15 12-28 $2.25 Cement—. Missouri Public Service (quar.)_: (quar.) Mines. Hampshire 12-28 will Mfg. 30c 50c (resumed) Electric New RR.— (accum.) England 11-27 60c which tax non-residents Africa South Opelika Pacific 7 12-14 12-15 12 10c Quarterly 50c 4 of dividend 12- 1 17(4c Machine 12-21 2 12-15 , 15c Inc., Co. 12-15 1- 1- 4 Class B (year-end) Filters, (quar.) 4 12- (quar.) 40c (reduced) Co. Co. 2 1- 20c Extra Missouri-Kansas Pipe O.) Dickinson ital 12-14 1-30 12-15 12- (quar.) (reduced) A $2 (N. Britain New 1 12-14- 20c $1 15c $1.12'/2 50c 25c <extra)__ common $1.05 (quar.) Extra New New 50c Mississippi Power, 4.60% preferred (quar.)_ Mississippi River Fuel Corp. (quar.) Missouri 11-20 $1.25 Co Development 12-10 11c Mining & Mfg. Co., com. (quar.) Power & Light Co.— New 2- yl-15 12-14 50c (quar.) (quar.) Nelson 5 12-15 35c ___, Nestle-LeMur 1* 1- 4 $37V2c (year-end) Brothers, 11-30 1-15 11-30 3 shillings on the ordinary shares. American shares are subject to the A Pacific Inc. Co. Cement 12-18 50C Minnesota preferred Theatres, Corp. 25c 4 12-15 50c (quar.) Company 11-20 National New (quar.) Fund. Class preferred 12-14 1- 11-30 3 12- America- of 50c 4.20% common 12-18 15c (interim) Co Minnesota Mission Co., 12-18 12-15 12-18 6c (quar.)_: Co. common Inc. Stock 75c Co. 12-15 50c Tea 1 6c (quar.)-__: Minneapolis gain (quar.) Refining 3 Minneapolis-Honeywell Regulator— Minnesota Sugar 12- 10c (quar.) 12-18 1- 4 12-11 12- 4 12-18 25c 12- 15c common from capital Extra National 56 Ac Reclaiming 1- 2 11-20 12- 12-24- 37'/2c — United Stock Extra preferred Mining Corp. of Canada, Ltd. Common Corp. 12-15 Refineries, Inc.— preferred Class 11-16 15c 1-11 11-16 12-16 11c ___; Extra National 4 2- 1 12-10 1- 2 4 —__ (quar.)__ Co. Insurance preferred Osborn 12-18 12-10 12-15 25c Life Orpheum 12-15 1- 12- (quar.) ____i. Service Corp., Stock investment from (quar.) Corp., Ltd. Car 37'/2c (quar.) Laboratories Miller 12-12 25c preferred 35c (quar.) (quar.) Corp. convertible Midwest 11-16 $1.40 35c Company Mid-West 11-30 12-12 12- 4 12- 4 12- 4 12-18 12-15 25c preferred Pacific Co. (quar.) Products, Inc. 25c $1 conv. pfd. Year-end Midwest 12-10 75c 25c Mid-Continent 12-14 1-2-54 1- 2 12-18 50c Standard 11-27 1- 20c Food Year-end (quar.) income l/10c $1 Michigan Gas Utilities Co Michigan Surety Co. (s-a) (quar.) Co. 5 9/10c 12-15 50c 1-4 t5c Series— investment 20c _ Corp 11-25 12- 1 12-15 12-15 12-14 ' (quar.)__ Onondaga Pottery Co. (quar.) Ontario Jockey Club, Ltd.____— O'okiep Copper Co., Lid. American shares— Stock Series: 15c — Bumper 12-15 50c 50c Extra 1- 2 12-10 12-19 1- 2 1- 2 1- 4 50c (reduced) Inc. (quar.) Extra National 1- 12-22 & Industries, National Screw 12-12 75c endi (year 12- 12-17 30c 11-16 30c (quar.) Steel Castings. Co 12-10 $1.11'A — 12-15 15c (quar.) prelcrred (quar.) Co. AQtmr.) 4,/2%> Oliver 12-24-. 30c ___ 3.90% Industries, Oliver 1 Co.— (quar.) Co. Water 4% $1.50 preferred series B $1.083A (quar.)________— 11-30 12- 1 11-20 11-14 11-19 1 12- 12-10 25c 35c Extra 45c 7% 4 Oil Olin 1 12- 12-31 from Quarterly $1.75 Extra 1 stock of Telephone preferred preferred Line Old 12-15 12-31 12-10 12-10 12-10 25c iquar.l common 1- 97'/2c 1 12- 12-31 an¬ to Dec. 31, 1953, inclusive) preferred Ohio 11-27 f 17c ; ,____ Lead (quar.) A class value (quar.) per Year-end 2% Hosiery Mills, 12- 1- 12-15 12-31 12-15 35c (5'/2% (quar.) Edison Ohio 12-31 25c Co. 4.44% 11-20 12- 50c common iquar.) Pharmacal Co. (quar.) 4.40% 12- 4 11-27 15c tl5c $37(40 dividend Stock National 1-12 9 6'Ac — (quar.)——_ iquar.) National (quar. i__ Copper Co. Michigan 7% Food 12-10 95c 6% (Hartford)— Co. 5c Meyer-Blanke Co. " Insurance Fire Co., par 1953 Consolidated Ohio 1- 5 11-20 12-15 40c 15c com.__ Extra 12-10 1 28c 22'/2c Co., Aircraft Oak Mfg. Ohio 12- 12-21 30c (quar.) Ogilvie Flour Mills Co. Ltd., com. (quar.)__ Ohio Casualty Insurance (quar.)____ 12- 1 ^ (N. Y.) Gas the on Norwich Omar, (quar.) 15c Metropolitan Edison Co.— 3.80% preferred (quar.) 3.85% preferred (quar.)— 3.90% preferred (quar.) 4.35% preferred (quar.) (quar.) Corp. $1.75 (quar.) Extra 5% Products 50c (quar.) (quar.) preferred Metropolitan Brick Co. $4 pfd. National common num 11-23 11-23 1-15 1-15 —— preferred ($100 par) Sept. 25, 12-31 12-15 31V4C 30c (quar.) com. Ltd., common (quar.) preference (quar.)^ National Gypsum Co., common (quar.) common— Corp., (quar.) com. $1.50 12-21 4 5V2% Natural Northrop 12-10 (quar.) Co. Indiana Public Service Northern 11-23 11-23 11-23 (quar.) preferred (quar.) _____ conv. preferred (quar.) 4'/2% 75c — National Grocers, 10c 1- 4.56% 12-31 12-12 12-12 12-12 123/4C 12-12 133Ac 12-12 25c 12-10 15c 1- 2 15c 1-15-54 35c 12-10 (quar.)— — Northern 12-31 20c 12c 12'/2c Oil Texas North River Insurance 12-31 1-15 1-15 Central 12-18 Investment— Extra $1.06(4 Corp., 25c Thermit & Dairy National 1- 4 25c 12- 1 (quar.) class A (quar.) American Refractories Co. North I-27 12-14 30c 25c 25c (quar.)— com. 5'/2 % 11-12 12- 4 12-17 12- 4 12-22 12- 1 1 12- 37'/2c 343Ac Corp., Cement, 4 12-17 2 12-15 50c (quar.)_ Corp. 1- 12- t$l 42'/2c 75c preferred (quar.) preferred (quar,)__ 6% North $1.75 30c (quar.i (quar.) Quarterly 11-28 11-30 1- 12- 1 B American North 12-15 11-12 1-15 12-21 Ltd Corp.-, Car American Class !2-14 12-12 Ry., convertible preferred $2 75c Container National 7 1-11 62'/2c (quar.) prefererd (Detroit) preferred (quar.) Cylinder Gas Co., National (quar.i 1- 5 Mining American North 12-14 10% $7 Co. City Lines (quar.) 4(4% 12-12 15c Normetal North ir-30 12-15 12-18 15c — Norris-Thermador 11-30 1- 2 12-15 12-15 12-19 1- 2 12-14 1- 4 12-21 12-12 Western & 5 2 4 (quar.) com. (quar.) Extra National Distillers Products Corp.— f$l —_ Extra Miles 12-11 12-15 1- 5 Norfolk 11- 1- (quar.) Norfolk Southern Ry. Co. 30c Casualty $1.25 12-11 2 2 (quar.) „__ Casket Co., National 25% Ltd.________ Participating Miami 2 1- 12-14 30c 50c 75c (quar.) common Register Co. dividend National 1- 50c Extra 7% 1 10c Machine Metal 1 12- $1.06 'A — dividend Forming class B Metal 12- 8 1- Cash National 11-20 8 $1 (quar.) Mersey Paper Co., Messer Oil Corp Mesta 12-15 12- 87'/2c ~r~ : Mergenthaler Linotype (quar.i Merrit-Chapman & Scott Corp.— Stock 4 12- 20c iquar.) Biscuit Co., National 25c preferred —_______ (quar.) Extra 4 62'/2c 10c National 25c — Corp. National 25c class preferred (quar.i Metal $1.25 (quar.)_ & $3.50 common Aluminate Stock 12-15 11-30 25c (s-a* __: Corp. (resumed)—. Airlines, Inc. (quar.) National Melchers Distilleries, Ltd.— 6% (quar.)_______— (quar.)______ (quar.) National 12-15 12-31 1- Corp. Extra 130c 62 '/2c (s-a)—_ preferred preferred National 12-15 12-31 :___ National 2 2 1- (quar.)_____, preferred Natco 1 12- 12- 12-19 12-12 11-18 12- 1 12-19 11-23 Ltd. 11-30 1- 4 Ltd.___— Mines, Mines, Noranaa 12-31 11-27 12-14 1- ——— Gold 9 12-11 tl3Ae i— Nor-Acme 11-30 75c Spring Co. (quar.) Chemical Co.. (quar.)________ Extra 11-27 12-10 25c 30c ; Sag Nopco 1 ___. (quar.)— 5!/2% 12-11 2 12- 9 12-29 12-10 12-11 (Hawaii)— Co. preferred Nachman 2 12-30 $1.25 50c 37'/2c 6c (quar.) preferred 5.10% 11- 2 12- 1-4-54 22'/2C (quar.i- 4.80% 8 11-27 37'/2c common (quar.) Telephone 5% 12-10 6c Common 8 12- 12-18 62»/2C — Meadville 12- ._ Inc., preferred Mutual 11-17 t$l (quar.i Extra 11-17 12-18 (quar.) System, 6/i 12-17 12-10 (quar.) com. Co.____-__ Extra 11-20 2 1- 12-10 t50c — Mutual 12-16 12-10 Ring Extra 12-10 1 12-30 t50c (quar.)— Co. & Muskogee 50c preferred 5% Johnson Mead 1 25c (quar.) & Engineering Machine McNeil 12- 50c _______ Co., Co. 12-15 35c — Stores 1 50c (quar.) Co. (quar.) Ltd McKay Machine Co. (extra*—— McKesson & Robbins, Inc. (quar.) McLellan Co. 12- 75c ___ Drilling Piston 12-15 1- (extra) No 11-23 11-27 : 4 12- 12-10 —~ — Nilcs-Bement-Pond Extra 2 —— (quar.) (quar.) Share Corp.- (quar.) Engineering & Research Co.- (quar.) Nichols 1- 2 12- 1 1-30 12-15 12-10 12-10 15c 37'/2c $2.50 50c preferred Niagara 12- 4 12-4 12- 4 50c Murray Corp. of America, 4% preferred (quar.) Muskegon 25c Mclntyre Porcupine Mines Mclvor 4 12-21 4 62 '/2c — (quar.i (quar.*— i———— Co. 12- J50c (s-a*„_ $2.50 preferred (quar.i. Co.. Inc. (quar.) & Aircraft McDonnell 12-15 1- 2 1- 2 40c 25c 26'Ac 50c $1.183A 50c 50c 15c 50c (quar.) (G. C. 1 Co., common preferred (quar.) 4%% 40c — — McCord Corp., 5 4 12- 4 1- 2 1- 2 t$1.75 t$1.75 30c _______ _____ Manufacturing Co. 40c & Co., Ltd., preferred (L.) 2- 12- 1- —— ._—:___ Murphy 1 3- (s-a) (quar.)__ 1 12-15 17 '/2C (quar.* (quar.)—; Etftra McBrine 12- 30c (quar.) Extra Mays (quar.) Munsingwear, Inc., com. (quar.) 5'A% preferred (quar.) 30c $1.06 'A — - Matson 12-15 Mullins 11-25 11-25 Co. Brass Year-end 2 12- 12-18 12-18 50c — dividend Mathleson Mills com. participating preferred Mueller 11-25 12-10 12-23 10% Conveyor Co. (quar.) preferred (s-a) Mountain Fuel Supply Co. (quar.) Muchlebach (George) Brewing Co.— dividend Stock Corp. (quar.) 7% ___ Stock — (quar.i Corp., $5 preferred Vernon-Woodbury 1-15 1- 2 50c 1- 933Ac 20c $1.06'A 90c $1.50 40c 85c 90c 97'/2c 15c 40c 35c Niagara Fire Insurance Co. (N. Y.)__ Niagara Mohawk Power Corp., com. (quar.) 3.40% preferred (quar.) 3.60% preferred (quar.) ___ — 3.90% preferred (quar.) ;__ 12-18 12-1 12-18 12- 4 12-15 $40c f25c (quar.) 33A% preferred (quar.)__ Industries, Inc., common______— Niagara Alkali 12-18 12-22 $1.50 50c 50c (quar.) Electric 4'A% J1"';8 1- 2 $3 $1 E*xtra Newpor; Newport 11-28 12-10 12-18 1- 2 1- 2 Co. 12-11 12-11 $1.50 (quar.) (J. J.) 11-27 1- 2 1- 2 1- 2 933Ac Hotel Co. Newmont Mining Corp. $3.50 25c (quar.) preferred Finance $1.12'/2 20c __i—_—_—,—3% dividend preferred 6% 1 11-27 Gas & (quar.) preferred Newberry 59%c 1—_____—:— —_ P.) <fc Co. (quar.). Paper Mills common (quar.) Motor Wheel of Massey-Harris & Co., Ltd. The change of name became effective recently, after merger (quar.) (J. Stock Motor Maryland Casualty Co. $2.10 prior preferred (quar.) Massey-Harris-Ferguson, Ltd. (quar.* This above company is the new name 12-11 t20c (quar.) 30c (quar.)e___————i.__—_ 1- 2 +25c - redeemable preferred 4% Telephone & Telegraph Co., Ltd.— (quar.i qi»ar.)__— 4% Ltd., ordinary (Interim) __ Marion Power Shovel Co., com. (resumed i__ Co., Common ; (quar.) (increased Co. 7% 10-30 12- a 22'/2c (quar.)_ com. 12- 8 $1.50 (year-end) Newark Telephone Co. (Ohio) com. (quar.)— 12-5 25c $1.75 — _ Extra i 12-15 Electric State York Statler New n quar.) common Y. 1- 2 7 7 1 $2.50 (s-a) common (quar.) prior preferred 6% 33A% 12-15 75c 12121212- $2.50 RR. preferred (s-a) N. Y. & Richmond Gas— 62'/2c (quar.) Machine— Telegraph Corp., . 10% N. 1- 2 1- 2 12-15 RR.— preferred A (quar.) 6% Holdert Payable of Rec. 10c St. Louis quarterly) & _ preferred (quar.)___ Monterey Oil Co. (quar.i i 2 1- (quar.) (increased New York & Harlem 12-15 Calculating (reduced Co. Chicago York, Common 80c preferred (quar.)— Inc. Cquar.) York Auction Share 56'Ac $1.183A 10c Extra _ Co.— preferred 4%% -,v Service, Public Orleans New New \l~1 12-lo ll-2b 11-26 J2"28 12-18 12-*8 12-j.a _ Company Name of New 90c ——— Midwest 12- 1 12- 1 { 12-15 12-18 12-:31 12-8 1- 2 12-17 12-17 12-21 1- 2 1- 6 1-6 4 4.50% 2 1-15 $1.25 1- 2 12-12 Co.— (quar.)____ Montana-Dakota Utilities Co., 1 1- 12-15 150c (quar.) Maple Leaf Gardens, Ltd. (s-a) Corp., 5% preferred (quar.) Marchant Calculators, Inc. (quar.»_ — Marconi International Marine Communica¬ — Cement (accum.) preferred 7% 12-22 2 (annual) Portland Common 11-25 30c Jockey Club, common preferred 5% 11-24 185c Marathon preferred 5 5 8 (quar.)——— (Winnipeg) (s-a)__ Amer. Assurance Portland Monroe 1- (quar.)— A preferred (accum.)— Monroe Auto Equipment Co.— 5 12- class 8% 11-20 12- of Corp. Park preferred 8% Ltd., (quar.) Life Monolith 11-20 12-15 $1 (special* Manning Maxwell & Moore, Inc. (quar.) Manufacturers Life Insur. Co. (Toronto t (s-a) Co. Consolidated Mfg. Co. 12-10 12-10 25c —— -*** .*-h> •» <B.) 5% B Monolith 6c ———.———; ———— *50c $2 40c 50c 25c 30c 62'/2c $20c *20c 25c t$2.40 25c $2.50 (s-a)— (quar.)__ Brewery, Class 25c shares Extra—„——— Pxtr<t Molson's ——-——— Extra Manischewitz 5% pfd. (quar,)__ Mills, Inc,_ Company common (quar.) preferred (quar.)— — 12-10 12-10 Extra Mathews Mfg. Co. 12-10 Furnishing shares————---Non-Ferrous Metal shares—————— Maritime & 4c Extra— fcL 11-20 5C Home Market 12-10 12-10 — : General 7% Modine 8c shares-shares— Equipment Equipment Extra 7% Mobile 11-20 5c % — ----- —— Business Electric tion 11-20 12-10 — ———-,-r Extra-: Mapes Ltd. (s-a) Birmingham RR. 4% (Robert), 12-10 Payable of Rec. 12-15 11-16 I Vhen Per Holders JW/ien Share of Company 4c — —-—— Automobile shares Steel Name 8C Agricultural shares Paper Payable oj Rec. Mitchell Managed Funds, Inc.— Extra When Share of Company per Holders Per Name i'l December 7, 1953 and Financial Chronicle... Monday, The Commercial (2242) 50 12-15 11-30 12'/2c 12-15 I1-20 4% .12-lo 11-20 50c 12-14: 11-20 I Volume ITS Number 5279 \ The Commercial and Financial Chronicle ... (2243) 51 ' . Name of Company Pennsylvania Coal Per Share Coke & Engineering Exchange Pennsylvania Common 5'% Glass Bank Sand (N. Pennsylvania Y.) (s-a) 12- 1 12-15 12- 1 40c i 12-17 12- 35c & Light, com. 2 12-10 1- 2 12-10 50c (quar.) 1- 1- 2 4V2'a 12-10 preferred (quar.) $1.12% 1- 2 12-10 4.60% preferred (quar.) $1.15 1- 2 75c 12- 7 11- 50c 12-15 50c 12-26 RR. Co. (year-end) Salt Mfg. Co. (year-end) Peoples Drug Stores, Inc. (quar.) Peoples Gas Light & Coke (quar.) Peoples Telephone (Butler, Pa.) — Common Pet Stove Co. Co. Gear & Paul, Petroleum (70c Inc. from from (extra) (increased net income and 4% preferred 2nd Dairy Street Coke $4 •Pittsbrugh Consolidation Steel Pittsburgh 6c Pittsfield & Corl (extra)-- & (quar.)— (year-end) Bolt Adams Co. Mining Powell River Co. RR. (quar.) (s-a) Price of & prclerred dividend Ltd. Pullman, (quar.) Purolator Co, Products, (quar.)— on at Jan. on the (quar.) com. (quar.) (quar.) preferred (quar.)— (quar.) and a of ft;- Cf< It 3%% Rath 1- 4 12-18 12-15 of 4 12-21 12-18 11- 6 12-21 1112- 3 12-31 12-15 56ViC 1- 2 12-15 (quar.) 1-15 Rayonicr, Inc., 2nd 2 12-10 1- 12-15 12- 1 12-17 12- 7 12-10 11-16 50c 1- 4 $1 12-15 12- 4 (year-end) Inc. 3c (quar.) 12-16 28c (accum.) 12-22 50c __j__ 12-15 40c 12-15 1- 37'/2c 4 12-15 12'/2c preferred Co., Co., O.) (quar.) Stock Rowe 1- 2 12- (quar.) 12- 1 12-10 12-20 12-10 12-10 11-16 12-10 11-16 12-28 11-16 12-31 12-15 20c Stock 4 12-18 4% 12-29 12- 1 (interim) > 5% 12-23 35c 1- 11-10 5 12-22 12-15 70c 12-19 (quar.)__ 35c 12-10 12-10 12-15 12- 12-29 12-15 11-25 1 ; 1- 2 pfd. 12-15 12- 4 12-29 12- 4 Louis Haynes Inc. 3 12-15 12- 1 40c 12-23 11-30 12-23 11-30 12-23 11-30 12-23 11-30 $1.18% 12-15 11-30 1- 2 12-14 12- 8 11-30 1- 6 12-15 $1.25 1- 2 12-10 12-10 12- 1 12-31 12- 1 12-31 12- 1 A (s-a)_ Regis $4.40 San Jose 12-11 11-20 12-21 12-11 12-15 12-10 12-24 12-10 60c 12-16 pfd. (quar.)__ 50c 12-10 11-20 12-21 12- 1-25 9 12-31 Ry. Co., common (quar.) A 12-15 12- 3 62'/2c 12-15 12- 1 $1.25 12-15 12- 1 25c $1.10 (quar.) 1-17 1- 2 14c 4%% conv. series 4.70% preferred C 4.70% conv. pfd. 1-10 2 2- 1 5- 1 12-10 Mining «fe Syndicate, 12-15 11-30 12-15 12-23 $1.34 1-15 11-17 Co. 1- 4 60c 12-15 12-10 25c com._ 12-16 12- 4 1-20 5- 1 4-20 1-2 12- 5 5'/a % preferred A (quar.) 2IV2C 8- 2 7-20 35c 12-18 12-10 11-20 12-30 11-30 12- 12-21 common 12- 1 1 preferred (quar.) $3.40 preferred (quar.)_. Inc. (quar.)— 87y2c 50c 75c 93%c — 1- 2 12-17 12-14 12- 8 1-7 12- 8 1- 12- 8 1 2 2'/aC (year-end) $2 preferred (quar.) 1st preferred (quar.) (quar.) 12-15 12- 35c (quar.) 12-10 11-20 $1.50 50c 50c common 50c preferred 4.30% preferred 50c (quar.)___ preferred preferred Spring Brook $4.50 A Co., 4 2 12-11 $1.72 convertible 11-19 $5.75 preferred $2.12 preferred Seaboard Oil A i. 11-16 * 12-1 12-15 12-15 11-26 12-15 11-26 (quar.) (quar.)— (quar.) preferred (quar.) 2- 1 12-15 1- 2 1-19 1-19 12- 1 12-10 4.80% 1- 4 11-30 1- 4 11-30 1- 6 11-20 $12y2c 12-15 11*13 65c 12-15 11-13 60c 12-15 11-17 (interim). $2c (quar.)' 7 1 12-30 12- 1 12-10 II-27 12-15 12- 1 12-15 12- 1 I- 4 50c (quar.)__ 2 1-29 12-31 25c 12-10 11-30 50c 12-10 (year-end) (quar.) 2- $25c ; ■ (quar.) (quar.) 6 II- 8 12-18 11-27 3iy4c 38%c ;; & Gas Platinum & Gas 10c Co preferred 11-30 1- 2 12-11 1- 2 12-11 1- 2 12-11 Electric— ,3lVuC ^ Co. $1.20 (quar.) 35c (quar.) 12-30 2- 12-10 1 1-15 12-14 11-30 75c (reduced) com. 12-21 11-30 50c (quar.) Sugar Co., 12-19 12- 4 50c 12-19 12- 4 75c (quar.)_____ Ltd. 12-14 4 9 57y2c N Rico 4 1212- Co.— (quar.) Co. 12- 12-31 12-21 62y2c & Gas 12-31 ~ 15c (quar.) Oil Co. Southam Co., 11- 12-10 8c ; (quar.) Porto 50c (increased)___ 1- 2 12-15 Advance 1- 2 12-15 Bag & Paper $40c Co. Southern 5% California Edison preferred non-cum. pfd. Royalty Co. Electric Southwestern Gas & Spalding Stock 5 12-31 12- 12-31 12- 12-15 11-16 12-15 11-16 50c (year-end)___ Service 75c 12-15 12- 24c (quar.) 12-15 12- 3 $1.25 Insurance Co. 1- 2 12-15 $1.16Va j 1- 2 12-15 (Dallas)— 50c (A. G.) 1 Electric Co.— (quar.)_ preferred (quar.). Life 1 5 U 62'/2c preferred 4.65% 12- 27c — (quar.) com. (quar.) Southwestern 12- 12-18 62y2c (quar.) Railway Co., 12-18 Co.— participating orig. preferred (quar.) 4.32% 12-14 30c (quar.) 12-28 15c Southern 5% 1212- 25c .____ (quar.) Pacific 5% 12-21 12-17 25c (quar.) Inc. Co. preferred Penn 8% 2 11-27 12-15 (quar.) Extra South I- 12-11 90c 17V2c Natural Brothers, Inc. (quar.) 1-15 25c — dividend Speer Carbon Sperry 12-15 2 1- 11-25 2% Co Corp. 12-15 11-25 25c — & 12-15 11-25 Sons, Inc., Sprague Staley E.) Stock $3.75 12-15 11-27 25c 12-15 13- 1 10c 12-10 11-30 40c common (quar.)_— Mfg. Co., dividend preferred 1- 2 12-10 Standard 1- 2 12-10 Insurance 12-14 11-27 6 Co.— 75c 1- 2 12- 7 25c 12- 7 11-23 12- 7 11-23 50c (quar.)— common 2% (quar.) 12-15 11-30 93c 12-20 12- 40c — . (quar.)— 12-15 11-16 11-16 7 10c preferred Factors preferred Tobacco Corp., (year-end)— Co. 12- 1 1- 5 12- 3 12-21 10c 12-31 12-21 15c 15c 1-15 12-29 2-15 1-29 75c (year-end) (special)— 12-31 18%c common (quar.) Milling 12-15 15c (quar.) Commercial 12"15 87%c Extra $3.50 Standard 12- Co. Standard Brands, Inc. com. Standard 12-15 Cement, Extra 2-11 $1.02>/2 12-10 $1.12 V2 (quar.) 12-10 12-31 25c (A. 12-10 7 pfd. Springfield Fire & Marine Quarterly 1 12- conv. — Electric 2 12-15 $4.50 Portland 1- 2-11 20c 75c Quarterly Spokane 3- 1 Inc (quar.) 11- Spokane International RR.— 3- 12-10 11-10 7 $1.12% 45c Special Oil Co. of California 1- 2 12-18 Standard Oil Co. of Indiana 1- 2 12-18 Standard 1-10 12-17 53c (quar.) 1 12- $15c (quar.) Gold Southern Standard (quar.) n. . 12-10 12-15 (year-end) Inc.— common (quar.) (Del.) B $1 Co. Electric Indiana Common 25c 15c preferred Finance 1 Service— (quar.) series 2- 22'/2c Scruggs, Vandervoort-Barney, Common class $2c preferred preferred Southern 83%c Water (quar.) preferred (quar.) Seaboard and 11-16 for A (quar.) preferred $1.10 Common 4.10% 5% $1.07V2 (quar.) (quar.) Scranton Carolina 91 '/4c (quar.i 1- 12-24 85c Scranton Electric Co., common 4.40% $1 12V2c (quar.) 1- 1-14 ____ (quar.) 3.65% 12-10 12-10 75c (quar.) 3.35% preferred (quar.)— $4 12-21 11-16 (reduced) American Common Spiegel, Power Co.— 27V2c 5c 11-16 12-10 11-30 (quar.) Mfg. Co., Co. 12-10 A Scovill 11-16 12-10 common convertible Mfg. 11-20 preferred 1 $1.55 1 5%% 12- 11-30 12-10 25c 2 5 12-15 12-31 12-10 8 $25c class Co. Oil Ltd.— (quar.) Williams, A (quar.)__ $1.25 convertible preferred series A 1- 12- & class of Paper Mills, Ltd. Corp., Spencer Kellogg (quar.) Schwitzer-Cummins Scott 1.1-30 50c Corp. Socony-Vacuum 12- 12-21 1 12-31 15c Quarterly 1 1-15 $30c $50c Ltd., Society Brand Clothes, Southwestern 2- 12- 12- 8 30c (Howard) 12-10 27'/2c 2-25 Smith 12-10 (quar.) 12-15 12-22 11-30 30c 2 10c Co., 12- (quar.) class Steel & O.) 2 $20c Year-end Paper 11-30 12-22 (year end) (A. 1- $20c 12-10 12-15 (quar.) Morgan) $0.0869 (quar.)—. 2 12-15 35c A Engineering Works 1- A $30c (S. Smith $0.2969 (initial). 1- 25c iquar.) Mines, Ltd. $0.2969 _____ (quar.) Bridge Co., Ltd. 1- 12- 4 11-16 11-30 $1.12Va (quar.) Corp. (quar.) 29%c B series D 2-15-54 5-15-54 50c Extra Scott (quar.) (quar.) Southland (quar.) 12-11 35c Smith Southern 14c Co. com. 12-10 12-10 $$1.75 A 12-18 $1 Extra preferred 11-27 Gold Corp. Southern 5'/2% 12-15 Skil South Insurance Co.— A Transit Lock 2 75c ., (resumed) Oil 3 Co. Electric 12- 30c (quar.) Manufacturing Co. 3 5 10-15 Singer 3 Co.— preferred Marine preferred 2 , Simpsons, Ltd. Sinclair 12- 30c (quar.) (quar.) 4%% Savannah 1- $iOc Saw 12- 50c Power Co. Francisco Saudi-Arabian 2 t56y»c "___ 12- Mines, Ltd Dairies, Common 12- 12-11 3 2 B 2 12- 25c Class 2 1-2-54 1-15 12- 1- Simmons-Boardman Publishing Corp.— 1- 2 1- Silverwood 1- $$1.06 2-25 $ic preferred $1 Waterworks, com. (quar.) preferred A (quar.)_ Sarnia 12-30 Year-end 4.60% 11-20 35c pfd. J $50c 5% Silver Standard $1.12Va (quar.) Quarterly San 2 12-11 25c (reduced) preferred Antonio 1- 9 $1 4%% Service Paper 1st 4 ». $25c share common 12-10 12- 12y2c (quar.) (quar.) Fire & $2.25 2 10c (Increased quarterly) Schlage 11-27 Co. convertible Paul 5.36% 12-21 Ltd., Corp. Louis-San 5% 12- pfd. Corp. (s-a) Shops (quar.) Public 3 1- held) Ltd., South 1- 12-29 10c Joseph Light & St. 12-15 $1.12% $25c 4%% Co., Inc., common preferred (quar.) 4'/2% preferred (quar.) St. 12- 1-14 $30c (quar.) Gas, class South (quar.)—, (quar.): 4% St. 45c stock Silknit, Soss Royalty Lawrence 12-24 12-15 12-18 . 12-11 $1.75 (quar.) St. 5 12-21 10c 15c Ltd. (one shares of 20 Sonotone _ Lead l- $1.25 Extra 20c 5% Joseph 12-24 (quar.) dividend each 11-25 75c (quar.) (year end) St. 5 Co.— — preferred Smith 20%- Steel Power, 1- 12-10 3% Russell-Miller Milling Saguenay 25c Extra (quar.) (Jacob), 4'/2% & 12-14 (quar.) 12-10 15c 11-25 2 Extra 11-27 12-15 11-25 1- 15c B Simonds 12-15 12-15 15c & Simmons Co. 12-15 2 12-15 $1.12% Extra 11-20 4 1- 12-15 $20c A Breweries, 12-21 4 12-15 15c 12-21 1- 44 2 22c Extra 2 1- 1212- 1- 40c ... Optical Co. 1- $1.25 12-15 12-21 $1.12 $1.25 (quar.) class Shuron Sisco dividend Ryerson Power preferred (quar.) Corp. of America, class $4.50 5% 11-27 25c : — Co. 12-10 50c t$1.06V4 ord. Russell Industries, Ltd. Sabine & 12-10 12-10 12-18 25c (quar.) Extra Inc. Extra 50c (quar.) 2 (Helena) Inc.— "Helena Rubenstein" Class 15% Oil Rubenstein See 2 10c 1- $1.25 dividend)______ (quar.) Co. 2 Manufacturing Corp, (quar.) Shepard-Niles Crane & Hoist (year-end). Sherwin-Williams Co. of Canada, Ltd.— 5 12-5 12- $1.25 dividend Ruberoid 11- Sheller 5 12-20 $20c (quar.) Engineering Corp. Corp. 11-20 Extra 34%c . (quar.) receipts Electric 11-30 10c 3iy4c 75c Signal Oil 50c com. (stock Ltd. $31.50 pfd. series A (quar.)____ 4%% pfd. series B (quar.), 11-27 11-27 12-10 (quar.) common (quar.)__ Year-end 7 ' 2 12-10 Co., 5% preferred (quar.) (Frank G.) Co. (quar.) • Common Sicks i_ 12-31 Extra 7% 11-27 12-31 Stores 1-8 12- 37y2c (quar.) Corp., Inc. Shawinigan Water Shoe 2 75c Extra Shell 1- 20c Servel, Inc., $4.50 preferred (quar.)___ Seven-Up Bottling Co. (Los Angeles) (quar.) Stock ; common (quar.) preferred (quar.) 5% preferred A (quar.) Serrick Corp., class B (quar.) Class A (quar.) Class A common preferred 11-24 2-1 20c (quar.)_ dividend Rotary 12-18 1- $75c (quar.) com! (quar.) preferred (J. Stock 12-15 $1 50c — iquar.) Reading Co.. 4% 1 $2 _____ Packing'Co. dep. Saco-Lowell America preferred Inc. A Brothers, Ross 11-10 4% Purina Co., 12- Telephone Paper 6 12-14 12-30 30c Ltd 1st Roos 11-25 1- 15c Raybestos-Manhattan, Inc. 4% t50c 70c Candy Co. convertible 12-10 Rome Cable Corp. (quar.) Ronson Art Metal Works, Inc. 11-20 special of (quar.) dividend Corp. Rand's 12-15 50c 20c (quar.) Extra i 12-16 25c gains) common ' r. 11-30 12-21 5% (quarterly income Condenser Co. Ralston 12-21 10% 25c , — Mining, Quemont $3.50 4 2V2C Anne 60c (quar.) 10% preferred Amer. 12-10 12- II-30 50c Extra Radio 4 12-21 $1.17'/a ____ Quebec Power Co. (quar.) ; 1- 12-15 35c (quar.) _— Co., 7 Rolls-Royce, Ltd.— St. (quar.) Quaker State Oil Refining Corp. TC-: 50c $1.02 Gas, Fund capital preferred Stock 1 75c Inc. investment from National Radio 12- $1.25 Quaker City Fire & Marine Insurance (quar.) . 12-17 an¬ 19)— Special . 4y4% and of —— (George) 12- Mills class Haas Rolland 1 the approval of common .conv. dividend Stock Putnam Queen 4 St. Hampshire (quar.) Extra—-- 8% 12- 50c (quar.) 5% 12-21 Co $1 & 12- $1 Co.. 5c (H. H.) Co. series 12-14 $1.25 (quar.) Year-end Oil 11-30 Safeway Stores, (annual) Industries, Inc., $4.75 pfd. Inc. 5% 12-17 $4c (s-a) (quar.) preferred 11-30 12-15 dividend 75c 20c (quar.)—. Puget Sound Pulp & Timber Co. V Rohm $$2 & pref. preferred Publicker from 8 of New Mexico— Electric dividend 4.70% 50c 8 12- 5% (quar.)—-.— voted Co. 3.2-12 12-15 50c Co.— Ryan Aeronautical the Currency be 12-22 75c (quar.) Spring & Axle Co. (initial) Rockwood & Co., 5% prior pfd. (quar.) 12- 11-30 (subject to To 35c (quar.)___ preferred 1-2 12-15 Trust Service Service 5% 12-22 $1.20 1- 11-13 11-20 Rockwell 12-22 $1.75 12-10 $1.25 Rochester 25c 12-18 2 12-18 Paper Co. Bros., 4% % 12-21 2 participating pfd. (quar.) Stock 2% $30c Co. of New $1.40 pyle 1 11-27 Inc. meeting to be held 4.08% :. 12- 12-11 12-10., 5 12-10 Extra $1.50 Ruppert preferred A (quar.) Pure 12-15 Insurance— Service Public 10c 11-30 Storage Co. Comptroller of nual 5% 1 12-15 preferred stockholders. Public 12- 25c the Public 12-15 12-10 1- 40c Roberts-Gordon 4 $25c Extra Stock Rice 1-2 50c (quar.) Cement 1- 90c Extra I- 11-18 12-21 Co., Seiberling Rubber, Shattuck 2c Valley Gas Seeman Shaffer 9 1 Acceptance Corp., com preferred (quar.) Seeger Refrigerator Co. (quar.) 12- 12- 1 12- Liquidating Corp.— final liquidating dividend and 12-10 11-16 A & A 1st 2 12-31 12- 12-15 50c 5% 1 1 12-15 60c Securities 1 12-15 $1.12% (quar.) Street 12- 5 Co. convertible 12- a common Gas 6% Second 1- $1.12'/2 Co. Seattle 2 1- & Holder# Payable of Beo, 75C 1- 12-15 preferred (quar.) (increased quar.) D.) When share 4'/2% ..-.4% 12-15 11-27 preferred Bank 12-21 —__ 1-15 Ltd.— Washington convertible $1.12l/a 20c 1-15 12-15 (s-a)— Prosperity Co., 5% 12-15 25c Robertson 12-10 Mines, Cold 12-28 $1 12-15 5c com. Co., 1 15c 11-27 11-27 1- 10c series Dome 1 12- $1.50 2 12-12 12-23 (quar.) Co., 12- 12-22 Appliance Corp Robertshaw-Fulton Controls Co., com. (quar.) 5%% preferred (quar.) (quar.) —. Car National 8 20c (quar.)— America, Produce Terminal Public (Bi-monthly) Ltd. preferred Providence 8 1- 11-30 12-22 .—_ Myers, Inc.— Common (increased quar.) 8 1- 1 40c - East 1- 1 2- 10c (Mass.) Brothers 4% — dividend Preston 1 2- 1 Vs. % Co., Steel 2- $2.50 (quar.) Co. K.) Metals V2 % $2 Ry. div.) — Pressed 4 (stock dividend (H. 11-20 " 15c (quar.) Valley Wine Co. Pocahontas Fuel Co. - Corp. Virginia North Porter 12-18 12-15 12-18 Farms, Extra Robbins & 30c Co. quar.) (quar.) Corp., $1.25 partic. 53Vbc Foundry Corp. West Oil 11-20 25c _ Development, Ltd Plymouth 12-18 Grande 5% Pittsburgh Screw Pittsburgh Stock Raisin Riverside 20c (quar.) Co. (increased $1 income Pittsburgh Fort Wayne & Chicago Ry. (quar.) Pittsburgh Metallurgical Co., Inc. (quar.)— Pittsburgh Plate Glass Co. (year-end) Extra River 12-11 12-11 12-15 1-2-54 J.) Robinson, Little & Co., dividend Pressed 11-27 1-2-54 1-2-54 62'/2c 25c (quar.)__ ._ Pittsburgh Forgings Co. Polaris Brand 12-15 40c Chemical f28c iquar.)__— Mining preferred 1-2-54 93%c (quar.) 7 $1 com. (R. Corp. Textile Rio 95c preferred 12- ___ 11-23 $1.10 (quar.)_ & Oil 12-15 $1.07 >/2 ___; dividend Stock $4 40c ___. common preferred Pittsburgh Pleasant 11-23 Inc.— Pitney-Bowes. Inc., Placer 12-15 5% Pioneer Suspender Co. Stock Riegel 11-20 11-20 2 (quar.) Argentine 12-17 1 12-15 (Texas)— Year-end 7 $1 (quar.) Distance Telephone. Fund, Richfield Rico 1- 25c Quarterly out of ordinary 4 % % 11-19 Oil Co. River A Long Pillsbury Milis, Inc., Stock 12-16 12-16 12-10 Ranch $1.12% dividend Philippine Pine 12-30 12-30 12- 1- Co.,- common (quar.) Paper Co. (quar.) Rhinelander Rice Richardson Co.— (quar.) (quar.) (quar.) common (quar.) preferred 4 Mfg. 11-27 11-27 50c 50c Products preferred Corp., 12- 12-15 (quar.) preferred 11-27 2 12-15 75c Co. preferred 12-10 40c preferred Stock 12-19 1- 10% Tobacco 12-10 65c __ 4.30% Hi. 4.50% Reynolds 1 $1 iquar.) preferred (quar.) 3%% 12- 2nd 4.40% Philco 3.60% 3 87y2c ' <; 11-20 12-15 4 7 (quar.) Rexall Drug, Inc, (year-end)Reynolds Metals Co. (quar.) 12- 1- 37Vic 25c __: preferred 3.80% 11-13 Roebuck 12- Corp. Insurance 25c preferred (quar.) Electric Co., common (quar.) Philadelphia 12-10 (G. Sears, 2 6% prior preference A (quar.)__, Resistance Welder Corp. (year-end) Revere Copper & Brass, Inc 12-10 40c (quar.) _,_ preferred non-cum. 1 1 12-12 81 iquar.) 1st 12- 12- 2 1- Searle 7 11-27 1- Extra 12-15 25c Common 12-21 12-21 7 35c (increased) Republic Steel Corp., Rheem Bourse Philadelphia f,- 8 12-15 Special I 12- 1212- 25c Year-end (quar.)— ____ Philadelphia $1 12-18 7 1-7 $5c Inc. Aviation preferred $1 (quar.) Corp. Year-end $4 7 Seabrook $1.12 y2 Ltd., class A Company 7 30c (quar.) com. Per Name of 12- 12-10 87'/2c dividend $1.20 (quar,) preferred Dodge $4.50 12- (year-end) (quar.)_ (Charles) & Co., common Extra_____-_ 3'/2 % Motors, 4% 1- 25c (quar.) Renold Coventry, Extra 50c gains) Pfizer - 12-21 50c _ ordinary preferred Republic America— Exploration $4.50 12- 5 2 $2.25 4V2 % preferred (s-a) Remington Rand, Inc., Reo 1- 10c (quar.) Reeves Erothers, Inc. (quar.) Reliance Mfg. Co., 3y2% conv. pfd. (quar.) Remington Arms Co., common (year-end) 9 $1.12% Petroleum Service, Inc., 5% pfd. (annual)— Amount ol above payment not announced Pfeiffer Brewing Co. Phelps 1- 12'/ac 5% Co. Bit Holdert Payable of Rec. 25c Republic 12- 40c quar.)____ (quar.) of capital Petroleum 2 25c ____ (quar.)_ Corp. 12- (quar.) Extra 12-21 2 60 y preferred 11-30 50c (quar,) common 9 A dividend Roller Stock Extra 4Va% Peter 12-15 25c Machine Milk 1-15 75c Co. Perfections Perkins $1.50 <quar.) Pepsi-Cola - Stock Reed 12-10 Pennsylvania Pennsylvania Corp., class (initial s-a) B When Share Tube Class 7 $1.25 _ (quar.) Power 12-15 Corp.— "increased) preferred Per Name of Company 12-28 25c ,___ 12-31 25c Corp. Extra Pennsylvania Holdert Reading 10% Pennsylvania When Payable of Rec. Corp.— 1-10 43c 1-10*^,12-17 $1.43% 1-10 50c 12-15 12-17 12-17 12- 1 Oil Co. Extra—. (Ky.) (quar.)— (quar.) 62%c 12-10 11-10 50c — Standard Oil Co. of New Jersey (quar.) 12-10 11-30 40c 12-10 11-30 75c 12-11 11- 9 ^5c Extra Standard 3%% - (quar.) - Oil Co. (Ohio) com. preferred A (quar.) (quar.) 12-11 11- 9 60c 93%c 12-10 1-15 11-20 12-18 Financial Chronicle The Commercial and of Company Name Special ♦Standard Tube Co., — Stanley Works (year-end) State Fuel Supply (quar.) "Class (increased)— B ... • ^./2C 37 he A — (quar.) -Sterling Aluminum Products Stern & Stern Textiles, Inc. pfd. iquar.i (increased) & Fuller Co. (quar.) Stix, ■ Baer Stokeiy-Van Camp, Common (quar.) Common (quar.) 6% 6% - (quar.)_ (quar.)(quar.) pridr preferred prior preferred prior preferred 5% • i — (year-end)__ 'Stonecutter Mills, class A (quar.) & Webster, Stone Class ' $1 10c 10c 25c Inc. — (quar.)— B Broadcasting Co. (initial) Stroock <S.) & Co., Inc. (quar.) Stuart Company (quar.). Stuart (D. A.) Oil Co., Ltd. (quar.) SulUvan Consolidated Mines, Ltd Storer Bun 25c 25c 25c —— Oil Co., —— common (quar.) preferred series A (quar.) Sunshine Mining Co. (quar.) Bunstrand Machine Tool (quar.) Sunray Oil Corp., 4Y+% v Extra 12-15 12-15 1-2-54 4.40% Swift pfd. (quar.) (quar.) Co. 12-18 $1 $4 preferred (quar.) $4.40 preferred (quar.)— Sylvanite Gold Mines, Ltd. (s-a) (James) Talcott Extra Inc., i' (quar.) com. 1- 1 1- 1 1-2 t65c 1- 2 preference Extra tlOc 50c 12-10 (quar.) 25c 1-7 25c Corp. 12-15 12-21 12-23 1- 6 5% 35c 12-23 1- 2 $1.02V2 $1.06'/4 $1.15 $1.16 $1,161/4 $1.27y2 $1.31 V4 $1.46'/4 12y2c 1- 2 1- 2 1- 2 1- 2 1- 2 1-2 1- 2 1-2 1-2 12-11 (quar.)___ Year-end dividend Stock — Transmission, com. (quar.)— $4.10 preferred (quar.) . 4V*% preferred (quar.) 4.60% preferred (quar.) i ——— 4.64% preferred (quar.) 4.65% preferred (quar.) ^— S.10% preferred (quar.) 5.25% preferred (quar.) _ 5.85% preferred (quar.) _ Tennessee Natural Gas Lines, Inc. (quar.)— Terminal Tower (Cleveland) (extra)—' I Gas Tennessee v 25c Gulf Texas 'V? com. 40c 25c 12-10 12-15 10% $1 __ Texas Gulf Sulphur (quar.) 12-16 12-15 12-15 Common 25c 11-16 (year-end)— 85c $85 12-18 12-18 Texas 4.56% (quar.) $1 2-1 Utilities Textron, $1.14 — $1.21 . 52c (quar.) Co. 4% Thatcher Mfg., Glass Products, Inc., preferred (quar.) Thompson 4% Thorofare Markets, Stock dividend 5% 50c $1 convertible Stores, pfd. Time, Inc. Co. Tishman Tom " * tJ. S. U. S.; Lumber U. S. U. 8. U. S. : Extra http://fraser.stlouisfed.org/ 1'^5r»essw?~'" Federal Reserve Bank of St. Louis ""'wiort Minim* 12-15 4c 12-16 11-25 12-10 11-18 12-10 5V4% 4 S. Steel Co., ,• Whitehead Wickes 12- Wico Electric, 8 3 8 12-28 12- 4 5% 1-10 Wisconsin 12-24 4 Wisconsin 12- 4 12-14 1-1 Co. Tobacco 11-20 12-1$ 7% S. non-cum. Truck 11-20 11-20 11- 6 1 12-21 12-8 10c 12-21 12- 8 30c 433ic 12-15 12-15 11-30 11-30 12- 3 United Steel United 11-30 60c (s-a) Universal Products — 4 com. Co. 1- 2 12- 1 Veeder-Root, Van $4 Corp., Co. Norman Viau, — conv. (s-a) preferred Dutch Bakers (quar.) (quar.) Ltd. 5% Corp., Inc. . , 183ic 10% 12-10 (Cuba) Sugar (final). ; Extra 3- 1 " Equipment Co. 12-11 1- 2 $2 2-1-54 20c 12-21 12-10 12-21 12-10 $1.25 12-10 1- 2 12-11 12- 1 11-20 33c 12-15 $5 11-30 11-12 11-12: $3$5 12-12 12-12 12- 1 12- 1 preferred (accum.) Co.," com. (quar.i (quar.)___ (quar.) preferred Virginian 12-10 - 2 12-21 75c 1- 2 12-21 25c 1- 2 12-19 1- 2 12-19 U2Vic 12-15 12- 1 12-21 12- 7 12-15 11-30 Railway, com. 6%'preferred (quar.) 6% preferred- (tjuar.) 6% preferred Visking Corp. (quar.) (quar.) Stock dividend ; (quar.) — (quar.) $1.50 1- 2 12-16 35c $1.01 $1.05 $1.25 12-21 12-21 12-21 12-21 11-30 11-30 11-30 62Vie 37V4c 37V2c 37V2c 1-4 2-2-54 6-3-54 8-2-54 50c 12-14 10% 12-30 - 12- 4 12-15 1-29:? 1 & W.) preference 4V2 % . 12-1 12-15 12-1 12-10 11-30^ 25c - 1- 2 12-14., 12-15 11-30 11c 12-31 12-18 12-31 12- 1 t$2.50 , 1-31 1-15 25c 12-21 12- 9;. ... 18C regis, ( , 11-27 12-24 27V2C (quar.) 12-19 11-30 1- 2 12-12 1- 4 11-30 37!/2C 12-10 11-30 I2V2C 12-30 62%c 12-30 12-15 12-15 50c (quar.) — 12-28 12- 9 12-28 12- 9 9 10-30 Wood Steel). (quar.) :_ lquar.) Ltd.— Co., 12- 3% (s-a) 50c 12-19 12- 3 50c ,1-2 12- 3 $1.12*2 12-15 12- 3 $1.12J/2 12-15 12- 3 (quar.) —. prior preferred convertible prior 4V2% »; 12-15 $1.06 Va Year-end (quar.) ^— preferred (quar.) 1- Ltd. (quar.) 2 1- 13c 11-20 Co. & Towne Cab Yellow - Mfg. Yates-American Machine Yellowknife York Corp., Bear Mines, common (quar.) (quar.) (quar.) Young Ltd. 2 12-15 1- t— 1-30-54 1-10 4-10 37y2c 7-31-54 7-10 t4c 1-16 12-16 25c 12-11 1- 4 25c 1- 4 1- 4 ^ 12-11 12-11 — 25c Extra (quar.) (year-end). Ziegler Coal & Coke Co. 12- 1 12-15 12- I 75c ' 12-15 25c Spring & Wire (quar.) Steel Door 8 4-30-54 56'.4C (quar.) Youngstown Sheet & Tube, common Youngstown 12-28 37V2c (interim) preferred (quar.) (L. A.) 12- 1-15 37y2c Extra 41/2% 1- 2 20c convertible preferred 11-15 25c Co 6% 1-20 11-18 12-10 50c (quar.) Co. 6% 1 12-10 100% (quar.) convertible preferred convertible preferred 6% 12-18 $1 dividend Stock 12-18 1- 2 2- 25c (monthly) Wyckoff Steel Co Yale 2 25c 25c (Wm. Jr.) Extra 12-15 11-13 75c 1-15 12-18 25c 12-15 25c 1-15 15c 12-15 12- I 12-1 12- % Zonite Products Co.— for this dividend. less 15% Canadian non-residents' tat. Canadian-Founds, tax deductible at the source. , ,NorH resident tax 15%J. resident tax 7%. ... •Transfer 11-30 12-21 1-18 4-1$ 7-16 2-19 ; Co.— . Extra $4.20 preferred 12-10 (F. Worthington Corp., common 11-16 25c (quar.) participating preferred $4.04 -12-15 Woolworth Wrigley 20c (initial) (quar.) Virginia Electric & Power 25c 1- Extra 6% 2-6 12-21 $1.06 VV $1.25 common 12- 4 Virginia-Carolina Chemical— 12-15 12-15 12-21 11-30 12-15 12- 1 2-15 ' 2- 1 2 (quar.)— 12-14 12-12 12-12 150c (quar.) (quar.i (quar.i— Viking Pump Co. 1- 2 1- 2 Lothrop, & preferred 12-14 50c preferred Viceroy Mfg. Co., Ltd., class A Victor 12- 1 Woodward 50c 15c (quar.i- 12-21 1- (quar.)____.— Woodley Petroleum, common 5% preferred (quar.) Wright-Hargreaves Mines, 10c $1.12 V 2 2 $1.25 (see Alan 11-20 12- 1 t$l Heating (Alan) Steel 12-15 12-15 35c (quar.) Special Vi % preferred (quar.i 12-28 1- t30c 12-10 12- 4 11-27 11-27 12-15 12- 1 12-16 1-15 11-13 12-31 $1.25 Machinery Corp. 12-31 15c — 12-10 20c 75c 50c 30c (quai\)_. Inc. Co., Year-end 15c shareholder) 10c ; (quar.) Corp. Upson Company, the 30c (extra) Stockyards Corp. Match 12-15 •; 1 30c (quar.) Ltd. 6% 1-11 12- $1.50 J25c Corp., Ltd Universal , common - 12-17y 2 12-15 (quar.) Co. Newspaper 5% 1- 15c (s-a) Service Corp. Public Oil 1 12-10 1-28 4%,. be of option Wood 12-13 12Vic Lines, Inc. of Del. the Wilsil, 12-J4 12-24- 62 y2c . - ym 3-^1 12-28.. gains realized from the sale to be paid In cash or stock securities Wiser 12-12 12-12 (quar.) preferred-(quar.) Co., 11-30 3-10 Co. (year-end of 4c received from interest paid In cash, and a 14c representing net long- to of capital Wisconsin 12-10 — 11-30 12-10 Income at 50c $2 (quar.)___ 12-31: Investment net of 11-27 4 U7''2C Hydro Electric Co. distribution 11-30 12-11 12-4 (monthly)__. Co.— preferred dividends and 2 Electric Power 12- 4 from 1- 40c preferred (quar.) 1-20 12- 4 12- 30c (quar.) Lovett Grocery 12-24 12-11 1-2-54 12-16 Ltd. C.), non-cum. 6% 75c Extra S. (J. Wisconsin 3 * 2 27Y2C - (quar.) Co., $4.25 preferred & 12- 3 12- 11-30 1- 2V/2C - - Winnipeg Electric 12- 4 / 7 $1.31 y* Machine Sewing Glbbs 12-15 12-11 11-30 11-24 12- $1.25 12-15 12-11 12-15 12-10 (quar.) Co. 1 12-28 , J 11-30 * ———— • & & <•: 75c 5% Winn .12-15 12- A * 20c Oil Wilson 12-10 1-2-54 >12-17 25c ,, preferred (quar.) preferred (quar.) _—_——, Wilcox — common f 11-27 $1 (quar.i_ , 12-28 1-2 * 11-27 12-15 40c preferred A (quar.) common (quar.) 6% Wilson 12-28 t 2- 1 (quar.)— Corp. 12-12 12- •" 12-15 / $5 ..... $4.25 (quar.) preferred 1st Bros. 12-23 2 " 12-18 $1.25 (quar.L.— : Rubber (extra)—. 1-15 62V2C common Corp., U. S. Sugar i U. preferred 12-31 1- 1- 2 t30c — preferred A (s-a) 5% preferred B (s-a) Willson Products, Inc. (quar.)__ 1- % 40c 11-30 12- J convertible preferred (quar.) Paper Co.— White Motor Co., common (quar.) Stock dividend 12-10 2 12- t — 5V2% 12-11 2 1- • (quar.)___ Whitaker 11-24 1-15 12-28 4 12-15 r preferred (quar.)s__ —^— Whirlpool Corp.,• common (increased!!—— 5V2% convertible preferred (quar.).; ^ 11-23 12- 12- 2 1-4 > 3oC $5 ■ 25c Cqttar.)- * 1-25 12-16 12-22 12- 4 12- 4 the under shares - Electrical Instrument-COrp. Wood (quar.) 25c: Weyerhaeuser Timber (year-end Wheeling Steel Corp., common (quar;)i—— 11-30 1- 1- 35c - Year-end Weston 11-30 12-15 $1 non-cumulative 8% U. Vapor Transcontinental Gas Pipe Line Corpj 4quar,) --35c- (quar.) 12-15 75c (quar.)— series A preference 11-20 2c (N, Y.>. (quar.I— ______ Co. 7 40c 22V4c 25c preferred (s-a) Playing Card Co 12-10 $1.75 . Royalty™ Travelers Insurance 7 12- 11-27 12-21 Printing & Lithograph Co.— 12-10 7J/2c Forging 12- 12-21 12-10 — — Steel 12-31 term Co 11-25 12- 5 20c ^ 1-15 $1.25 & Foundry Co. Pipe 5% •' 4)4% Lines Co., offer. preferred A <quar.)___ preferred (quar.).^_^___ Western Railway of Alabama — Westlnghouse Air Brake (quar.)— Corp.— Year-end U. 12-18 • 5% (N. Y.)— Co. •1214 c 12- 4 - 6% 12-31 $1 (quar.) preferred S. Life Insurance Vertientes-Camaguey Royalty Corp. Williams 1st $5 U. .12-15 Western Pacific RR. Co. 12-8 1-15 25c Securities 12-29 15c $20c 8 11-30 12-10 25c $1.75 Valspar 50c Extra 1- $1 40c 50c 25c $1 (quar.)^ common International & S. tl5c dividend 12- 1 12-11 (quar.) 66c. i (quar.) their deposit Products, Ltd. $1.50 preferred profits 12- 3 10c Gypsum Co., S. 12-15 and1 a 12- 5 who 12-31 Co. 12- % 1- 2 12-20 11-10 — 12-10 -.12-14 Westeel 12-14 Extra 12- 1 Transue & (quar.) 12-11 12-15 20C Gas exchange 1-15 1- 2 2 20c 11-16 $1.12)/2 $1.50 25c .i, Van de Kamp's Holland " 1 Freight Co. 7% 12-18 Bank & Trust Co. 12-1 1- 12-29 50c' Corp. 4 resumed)— Snowdrift (quar.) & 2 (quar.)— $3 preferred (quar.) (quar.i— 2nd "preferred S. U. 30c Stock 11-30 5y2d preferred U.S. Glass 12-18 Bell Trade 1st Extra 30c (quar.) 11-30 12-15 Foreign Securities Corp.— $6 U. 12-15 t 12-15 12- 1 preferred 11-30 12- (quar.) preferred conv. S. $4.50 Oil Ohio Willcox participating 12-10 Packing Co., common 7% r $4 U. 1- 2 1- 2 Toklan 11-30 12-15 12-19 Fidelity & Guaranty (Bait.) (quar.) S, Finishing Co., common (year-end)— U. Metal Tobin 12-15 12-15 45c S. 12-10 Quarterly > Noh-cumulative U. -12- 1 $1.50 Mfg. Extra dep. receipts ord. (interim) United National Corp., common 11-30 1- 1-15 Virginia Coal & Coke Corp. (reduced). West Virginia Pulp & Paper Co.— New common (initial quar.). The above dividend will be payable to stockholders of Hinde and Dauch Co. 12-24 Amer. 12-15 West Molasses Co., Ltd.— United "160c 12-15 Indies Sugar Corp, West 25c 75c (Los Angeles• West ' r Quarterly 12-31 Extra Wesson 11-20 investment net from $1 Title Insurance & Trust Co. \ * " 12-31 (quar.) 11-13 11-23 $1.25 ' 11-13 12-15 Co Wieboldt Stores, Utica Transit Corp (quar.) year-end of 46c from security payable in cash or -stock-_-^_— 12-15 55c income and a year-end 26c from security profits 1 United Merchants & Manufacturers, Inc.— (19c Construction, Inc.— Mfg. Co. Fund— Upson-Walton 12-15 12-15 $1.06)4 (quar.) Co. preferred United Income 35c 25c 5% common United Illuminating (quar.) preferred (quar.> Titan Improvement Co., 12-14- Common „ Corp. United Gas 4V4-% (quar.) (quar.) 1- 2 (quar.) Ltd. & Realty Gas United Co. 1- 2 (year-end) Tip Top Tailers, Fruit United —I— (quar.)— Corp. United Electric Coal Cos. 11-30 11-30 10c 1- 2 12-15 1-1« 11-27 preferred Wentworth 12- 1 1-30 12-10 75c 1-2 3 12-15 40c (accum.)__.^ Co., common (quar.) Wells Gardner & 12-21 ,1-4 1- \''.s $7 (quar. Wellington Fund, Inc.— 20c from net Investment Income 3 4 1-16 50c preferred conv. 12- 4 12-18 : 25c Weeden & 4% 12-4 621/2C <quar.)^_ 12-15 Knapp, & $1.50 12-18 12-18 25c - 9 6 $1.50 • ,~ $5 preferred ■ (quar.)_____ Inc., $6 pfd. (quar.) Co., 12-11 I2V2C 10c - Elastic 12-11 12-11 12-11 12-11 —« Roller Bearing Co. Timken * Co. Motor 12-11 Webb 1 60c 25c 75c 31 Vic 45c —_ — $1.06Vi (quar.) Weatherhead 12-21' 7V'2c 56J4c 62V'2c i $1.12V'2 pfd. A (quar.) Waukesha 7 12-21 40c 40c Stores Corp. t35c series B (quar.)__Ii_ initial series • (quar.)__. Corp. (s-a) 1- 2 1- 2 1- 2 (quar.) Ltd. 12-15 12-15 7 12-18 t25c (quar.)————,— 25c 5% 31 Vic 31 Vic ;__ ._ Thrifty Drug Stores Co., 4Va% 4(4% preferred B (quar.) Roofing (quar.) (quar.)__ common pfd. non-conv. 5% Thrift com. 1212- 12-15 11-1$ 1- 30c — 12- t35c (quar.)—• common ' 2 12-15 12- $3.oO preferred (quar.) Washington Oil Co ———____ Washington Water Power Co. (quar.i Waterous Equipment pref. (initial). — 2 2 12-11 12-21 50c 12-26 « 1- 11-17 40c (s-a)—— —______ Inc., com. (increased)—. 12-10; - - Extra 12-15 12-15 25c (quar.) common 1-2-54 1-2-54 12-15 31 Vic $1 > (quar.)__—_—— Fastener Corp. United U. Inc. (R. I.)— convertible preferred (quar.) preferred series A (quar.)— $1.25 2-1 2-1 1- 4 (quar-.) (s-a) Extra United 1-8 1- 8 1-8 12- 1 preferred $4 (quar.), (quar.) preferred preferred $4.84 Texas Light, & Power Glass Co., preferred U. S. Rubber proprietary interest of Ctfs. A United Cigar-Whelan 11-27 11-27 (year-end) shares Sub Share, Ltd, & Unlted-Carr Pacific Land Trust— Texas Tilo 12-15 11-20 $4.12Va (quar.)— United Carbon Co. 11-27 (extra) 9 $1.25 - RR. 1- 12-7 , 15c Extra Inc.— : ;; 25c ^ preferred (quar.i —;—^— Co., com. (increased quar.) 1st 2 1- 12-10 $35c Co. 1- $2.50 • —— ~ Series Pipeline Co.— Natural Gas 12- - • Bond United Can & 11-18 11-27 Extra Texas-Illinois 11-16 |25c *15c 125c (quar.)__— of America-—, preferred Extra 12-15 25c dividend Stock 1 100% 25c Biscuit Co. United 11- 6 12- 1 1- 2 (quar.) (quar.) Producing Co.— preferred 12- 12-10 4 t20c ; (quar.) 5% 12-22 1-14 $1.35 Corp. Transmission Gas 5.40% (s-a> Theatre Circuit, United Board & Carton Corp. 11- 6 Extra Texas preferred preferred $4.50 II-16 115c Artists 5% 1-20 1 12- — (reduced). (quar.) System, River 6% 1-20 2-15 Ltd.—' (s-a) prior United 12-15 12- 1 1-14 12-10 (quar.) ' 5% * ■ 12-18 (s-a) B United 12-4 12- 4 12- 4 12- 4 12- 4 12-4 12- 4 12-4 75c 25c Quarterly Texas Co. 2-15 75c 12- 30c 12- 50c 1 12-11 Inc.— Warren Brothers 12- 3 — 1 12- 1 20 1-20 12-17 Extra 12- 1 12-1 11-27 11-27 11-27 12- 4 Alabama & Georgia. Ry.. Co Tennessee 3c 50c 50c A Class 11-16 30c Tennessee, 12-15 I- 12- Extra 12-24 Corp. Warner-Hudnut, 12-18 Aircraft Corp., com Class 12-15 11-30 Telephone Bond & Share Co.— S% preferred (quar.) Tellurtde Power, 6% 2nd pfd; (s-a) 12-16 80c paid in surplus one share for erch share held) Air Lines,'Inc., common (quar.) United Amusement Corp., . 12- 4 12- 1 12-15 12-15 (quar.)— — Telautograph 12-15 Ware (from Extra— 12- 4 1- 2 1- 2 1- 2 - Products Tecumseh 1- 2 t50c 27c 35c t20c (quar.) Taylor & Fenn Co., 4.32% pfd. (quar.) Taylor Instrument Cos 1—_____— Taylor, Pearson <5t Carson (Canada) Ltd.— 4% United 12-17 12-17 12-4 - 11-30 2-15 (stock dividend)- distribution United 12-17 12-17 12-17 56y»c 65%c t25c Extra of 12-10 12-10 11- 3 12-31 12-31 __ preferred (quar.) _ 5V*% preferred ' (quar.)_____ Tamblyn (G.), Ltd., common (quar.)—. 4Y2% Stock 11-12 12-31 12-15 from net investment from security profits)- 21c and income 12- 9 20c 20c 10% -__ dividend Stock $1.10 t4c — —- 1-2 1-2 1- 2 Walworth (59c dividend Inc. (quar.) Waldorf Walgreen Co. 12- Ltd. Co., 12-18 2-15 12- 12-15 40c Mines, Ltd. Amulet 12-18 12-31 8 12-15 — 12-30 8 1- 7V2C (quar.)____. ;— -. i Year-end 11-27 $1 35c 35c : 35c 1 (quar.) The WJR, 4 2214c ' 1014c 100% Corp. Rope Accumulative Fund Cash 12- 9 12-18 12-18 12-12 $1.25 Extra -'U—-. United 11-12 10% dividend Stock - 50c Inc., com. (quar.) Sylvania Electric Products, 1 i_— con v., & 37'/2c $1.10 50c (quar.) Wire Union 11-13 11-13 12-1 1-5 25c - Sutherland Paper Co., com. 2 Waite (quar.) pfd. A Stockyards of Omahar Ltd. (quar. > Union Sugar Co. (quar.)— Union Sulphur 6c Oil, class A (quar,). Class B (quar.)__—___ u 11-25 12- 9 5% Wabasso Cotton 25c Union 11-6 12*10 11-20 12- 9 12-10 12-31 Portland Cement, Inc. (quar.) Superior Steel Corp. (stock dividend). Superior ' 12-19 1- 2 12-21 12-19 12-19 dividend Stock 12- 5 12- 1 11-20 11-16 11-13 11-13 12-18 943ic —$1-25 Extra$1 12-17 3-17 6-17 12-17 3-17 6~17 12- 1 11-30 11-30 12- 1 12- 7 12-16 12-10 12-15 12-31 1- 12-10 1-20 _____ Goodwill Station, 12-10 (quar.)__,._ RR. dividend 12-24 ■— (quar.i-, of Calif., $3.75 Pacific Union 12-15 12-15 preferred 5% Union Oil Co. Mould 12-2 1- 12- 4 12-21 35c 2% (quar.)__ & Iron Co. 12-22 1- 12-18 35c (quar.i common preferred Stock — (quar.t (Kansas), com. Gas System Union Vulcan 25c 30c (quar.i preferred 11-30 $1.1214 $1 92'ac 87!/2c (quar.)__i,____———— $3.70 preferred (quar.i, : $3.50 12-15 7V2c (guar.)——————' preferred 7% 50c —_ — $4 preferred 2-15 11-20 30c —— - — $4.50 12-14 5%: (quar,) common Corp. Tyler Fixture Corp, 12-15 11-27 12- 1 12-15 (quar.i (quar.) Street Salle La (quar.>— — Underwood Corp. (reduced) -—— Union Electric Co. of Missouri, com. (quar.) i 40c 20c *20c toe 25c 8% 30c 26Ac 15c 35c — — dividend Stock Extra 12-15 1-2-54 4-1-54 7-1-54 1-2-54 4-1-54 7-1-54 12-15 12-10 12-10 12-14 South 11-30 1214c 3714c —75c (quar.)— 62V2c (quar.i preferred $1.50 208 (quar.)_ Corp. common Co.* 12-11 Detinning Co., Vulcan 23c 25c ——■——- 70c Year-end ' 11-30 Co.— Power & Film Century-Fox Coach Twin 12- 1 .3-1 12-12 12-29 15c 15c 15c ——— (quar.) Common To 1-2-54 50c 40c 30c Co., 8% (John B.i Stetson Stewart-Warner Corp. •' Twin Disc Clutch 12-15 57c preferred iquar.)— 4Vx% 11-19 1- 2 12-11 25c — New 12- l 12- 1 *2-31 120c 37'/2c Electric Light common (initial) Gas Tucson Holders Payable• 0/ Jtaa Manufacturing Corp.— Vogt 12-10 70c 40c $1.25 _____ Corp. (quar.) __—___________ Trunkline Gas $5 pfd. (quar.) Twentieth 12-15 *1-25 — (quar,)—— Stecher-Traung Lithograph Corp. 5% preferred (quar.) Ctedman Brothers, Ltd. (quar.) Sterchi Bros/Stores. Inc. <quar.)__ 6% (quar.) 12-31 12-31 12-15 12-15 — — (quar.)_ preferred preferred '6% 25c 25c (increased) class A Finance, & Loan State J2-15 12-10 — _ 40c (quar.) True Temper 2" 5 l2-10 1- 5 1-15 $1-20 15c (s-a) B 2-15 $2.80 preferred 5 120c class B common——— class A (s-a) Ctanfleld's, Ltd., Class 12 I2V2C *30c (quar.)__ Corp. Silica Standard (s-a)—$1.75 Troy & Greenbush RR., class A Truax-Traer Coal Co., common 12- 3 12- 3 12-17 12-17 capital surplus>______—- (from B Series 25c 25c }2Y?C When Per Share- Name of Company Payable of Rea. 12-15 12- 1 11-30 12-10 Share Company Name of Payable of Rec. Share < Standard Power & Ltght— Common (from capital surplus)—,——- Holders When Per ' "/ Monday, December 7, 1953 Holders When per •*- ... (2244) 52 books not closed tPayable in U. S. Funds, ^Payable; . . a , Less xLess y in Brifislr Income Jamaica tax. tax. income Corrected payment or holders of --record dates Previous published dates were incorrect. • - . are reported herOf Volume 178 Number 5279 \ The Commercial and Financial Chronicle ... (2245) Vulcan Detinning General Corporation and iy ' United The Gas Improvement Co.—Accepts company Dec. on announced 2 all that disregarded. were cented, tendered in its The will company buy back 457,984 242,000 Oper. Net Federal Federal taxes taxes income on income on Checks tenders of the stock tendered by the largest tenders at $35.50. with will be mailed by the of tenders were stock common shares from thfre.—V. 178, •<:- construction estimated will mately $460,000.—V. shareholders to company shareholders $35.31 was less or in the bracket top as soon will be Wabash of a detinning plant new stockholders tenders, at prices on further require which expenditures RR.—October of it ' . the as Rayon Manufacturing Corp. See approxi¬ Van The Kunstzijde Unie N. V. above.—V .178, Preferred 1953—10 Mos.—1952 s $ corporation change for bond 119,385 of and each Nov. on issue an stock common 95,486,983 70,641,775 Excl. income. 1,511,705 2,076,263 11,376,337 10,051,714 1,331,116 1,801,709 8,777,750 7,447,804 of 23 19 of Coast cents filed in 5 V2 k of notfication bonds to income •After Federal 178, income 1711 pp. sales Profit Co. and before Provision taxes. and (& Corp. 9 Months Ended preferred per 177, p. tAfter capital fund tax and 1952 and and per $3 The of Bank America—Earnings— taxes 1952 Federal 4,071,646 —: income taxes— at of Bank of of City D. payment the shares 1,772,000 per in or 1,292,485 Sept. 30, 1953 both years 972,000 557,458 554,679 $4.13 557,458 on shares redemption refunding Payment of Dec. on mortgage 31, bonds will New made be made or at The York, upon next, due at all of 1978 at the Riggs payment.—V. presentation 178, p. of $2.80 outstanding.—V. Sept. 30— 1953—3 Mos.—1952 $ the 334,653,000 316,911,000 1,020,186,000 907,696,000 48,396,000 45,572,000 143,352,000 136,165,000 2,832,000 2,426,000 8,512,000 6,239,000 51,228,000 47,998,000 151,864,000 Lynch, 2 Pierce, Fenner & Beane Offered—Mer¬ and associates on offered. 558,946 shares of $10 par value common ,s£bek at $27.15 per share. The group won award of the stock at competitive sale on Dec. 1 on its bid of $26,639 per share. f Stone & Webster Securities Corp. bid $26.42 . "PROCEEDS—The Rbe ?used to ' net" provide treasury frorri; the proceeds for.construction / thereof. share for the stock. per of sale these expenditures reimburse to or will shares . Interest and Excess pany- expended PROGRAM—In $186,000,000 Pfoperty. Of this struction expenditures-, to is and distributes in in will and estimated 1954 of Net income Earnings at per parts natural is of an .electric North in gas CAPITALIZATION will out utility Carolina Norfolk GIVING Series refunding E 2?4%, Series F Series Series West Newport News; ' 2,300,000., EFFECT TO s Oct. debentures due par), stock public the issu. in cum., f. purchasers bidding) Securities in the are, The Downing firm successful Ingalls & Johnson. Snyder A. 0.89 John Lane, Kidder M. & Bissell C. Loewi Co & $1.07 $3.26 Co Irving Lundborg & Co McDonald Brooke 0.36 Merrill, Inc Co Co 0.63 McGlone The 3.15 The Co. stock Sept. 30, 1953, 15,870,446 shares; Sept. 30, 1952, 15,664,914 shares. Increase since Sept. 30, 1952, due to issue of 201,692 shares under Employe Stock Plan and 3,840 shares under Stock Option Plan.—V. 178, p. Clark, to & Co., & Co._ Co :— Curtis, House & Co Henry Dahlberg & Co Milwaukee Eastman, Dillon Securities Ferris First & 3.54 0.36 — Co.— Co.„ & Co., Co Shields Stetson Securities 0.89 Straus, Blosser Co — Michigan Corp.— 0.36 178, Co Hilliard Hutton p. & & : & &z Co 1822. Son__ 0.89 1.97 . ■' ' .— < McDowell Number capital Earnings per p. &r & S. Co Williams shares check or money on AMERICAN 1.25 - - & ~s.it .'. Jn Co., Williston, Bruce Co. Inc. 0.36 & — Inc. 0.63 0 36 . Of » j''j< ,'<ii 7 ,o ,<Y; ■ ■ J CANCER 1951 388,277 $107,018 $372,807 404,358 408,656 $0.26 $0.91 403,358 $0.11 1639. to yourself life-giving money help those stricken new by thousands how helps support are dedicat¬ cure buys new equip¬ facilities for treating and delivered to the American Cancer 0.36 3.54 Yantis & your 1952 ". 118,910 share the envelope order. It wiH be Society office in your state. 0.63 0.63 Co.. Co. F. new (& Subs.)- -Earns. $225,928 recognize Cancer and what to do Just write "CANCER" containing 0.36 0.63 Watlirig, Lerchen Weftheim 0.89 Corp 187. 52,100 taxes profit 3.15 Boyce—_— 0.63 T. B. Co.. 3.54 Co R. F. & Bros. p. $96,644 income curing Cancer. Hutzler— 3.54 Stein C. J. Net EVERY DOLLAR I send 089 & W. Scranton & Co.— 3.54 J. E. inc. Chas. 3.54 & Can. laboratories and scientists who ment, establishes Robinson-Humphrey Salomon Bros. H. Hentz & 0.36 Lukens— 0.89 Hallowell. Sulzberger & Co. 0.36 J. and 176, $44,544 Fed. 1.25 0.89 & 1953 taxes Cancer. 0.89 Co Co Corp.. & of requirements.—V, ing their lives to find the cause—and 0.89 & Co.— Chapman & Co._ Clark ^Hailgarten for income EVERY QUARTER I give V 0.63 Wells 0.63 Co.— Equitable Harwell, dividend about it. 3.54 & Turben Ohio to Inc.- 0.36 & Co.— The Bahey, $3.84 preferred EVERY NICKLE AND DIME I 0.63 1.25 & 395,006 $3.01 give helps teach Piper, Jaffray & Hopwood_ 0.89 R. W. Pressprich & Co 3.54 Dain 395,000 $1.21 Cancer to live again. 0.36 Robinson M. 395,000 $2.11 ...here is 0.63 0.36 J. 395,000 share com. before to 0.36 0.63 Co. Prov. buy Dodge <fc Co.— Bichard W. Clarke Corp.— & outstanding Say ■Julien Courts 113,319 434,506 —V..174, 2031. 1.25 Marks Miller Mullaney, — _ Co & Mead, & 104,071 474,000 1.25 0.89 Carl Collins 95,814 474,000 (L. A.) Young Spring & Wire Corp. $3.02 $1.07 common 0.89 Laurence M. & 88,895 474,000 com. 0.63 Co 1.97 Republic 48,741,000 3.54 Meeds Legg & & 0.36 £ (Inc.) 53,219,000 Space & — 0.89 Central 17,233,000 0.89 Inc. Laird, & Co Rollins & Co. Burnham 17,559,000 0.89% Janney & Co— Jenks, Kiikland & Grubbs_ Blupt Ellis & Simmons Boenning & Co.„ ; & declared 3 Months Ended Oct. 31— bidders Co.— o.36 Blair, 16,766,000 100.000 shs. commitment Illinois 1.97 trcd: the are a 0.89 !_■ & 4,827,000 72,070,000 14,987,000 100.000 shs. Co., Co Blair per 6,000,000 shs. ( who 2,841,850 declared divs. shares •Earns, 289.471 shs. 100,000 shs. uncler & lEall, Burge & Kraus— William Com. following percentages: (Corp. 3.54 Parker Baumgartner, dividends 3,500,000 7,000,000 shs. 3.54 & $1^,631,850 1,000,000 shs. ser. par) offered Redpath $1,291,660 1,950,000 ( 100.000 shs. Iric. Bache $573,792 20,000,000 Closed 289.491 shs. ilerrill Lyncht Pierce, Fenner & Beane 15.40% A. Cj., Allyn and Company, Auchincloss, 1,210,000 $920,957 profit 15,000,000 — competitive American 1,600,000 20,000,000 ; ($10 shares 425,000 20,000,000 20,000,000 —— UNDERWRITERS—The all 20,000,000 — dividend Common 2,891,660 1,080,000 due _ 1954. dividend $4.04 dividend in 1, 3%%, 1950 taxes 20,000.000 — $5 $4.20 Pfd. 1951 income 10,000,000 20,000,000 1954-1956—— notes due for 20.000,000 1980 for Railway & Transport Co., 998,792 $61,200,000 10,000,000 20,000,000 arose» return 2,009,957 FINANCING 1979— taxes by ending months' taxes Outstanding $64,000,000 1978 1978— 1, 134%, Bfd^stk. ($100 ,[ 1975— 1, 1, 12 inc. Population 20,000.000 due , before * PRESENT period the such reduction income 1952 also It in $27,577,223 $21,261,270 $29,694,717 $24,886,027 Unlimited 1982 Short-term i.".3J/4%, Mar. 1981— fund Mar. due bonds—— 3 V4 % J Prov. 1953 — of most share con¬ income Industries, Inc. (& Subs.)—Earnings— by Virginia. net 2137. ex¬ in operating and and at 2%%, due Jun. 1, 23/4%, due Sep. 1, 3%%, due Dec. 1, I Series Sinking mtge. 3%, due Mar. H Electric companies months' latter period of the the increased three consolidated Con¬ governed on loss in the sale of its passenger transporta¬ a p. of and cents per present but be Authorized 7Series G The the Milwaukee sustained 177, a 93 the its to 1952. 30. 8,002,000 75,656,000 5,028,000 com¬ $42,000,000, Sept. 1,844,000 23,893,000 5,303,000 share Outstanding The In of taxes taxes in time. territory served is estimated and in $45,000,000, carried the improvements expended through be 1948-52 years was are expended program the ^BUSINESS—Company "Virginia for ,1953 expenditures this at additions on had .been for which conditions five amount; $48,000,000 $31,900,000 expectation the Profit Profit Restricted CONSTRUCTION tax 2,781,000 25,585,000 tax profits 1953 The Milwaukee Electrio lees debentures— on Income or 1953. filing sales •After Total 30, 142,404,000 Income from other Virginia Electric & Power Co.—Stock with company Common sources the property.—V. Net Cost profit from income share Years End. Aug. 31— $ 362,483,000 1,163,538,000 1,043,861,000 sales in income per 1953—9 Mos—1952 383,049,000 of tion bonds Net sales billed-— Operating $1.73 Sept. Chase 178, P.;i573. reductions cents and $3,938,700, 1952 year Net $ ending Railway & Transport Co. National 1882. $ periods Electric * four Woodall be of months 1952. period ending Sept. 30, which Westinghouse Electric Corp.—Sales and Earns. Higher Per. End. now $2.44 C. will places $1,563,198 ' outstanding share__. for 4%% the Washington, either 12 reduced estimated , JO.93 Milwaukee solidated 1,292,485 interest. t$3.08 and The $150,000, 2,535,198 $2,299,646 ' profit •Based months 2,391,097 $2.26 called $0.36 Railway & Transport Co. sold its passenger transportation property Dec. 30, principally accrued Immediate 1953 i' •Earnings three operations of $3,158,373 share outstanding and $1.73 f$0.43 6,108,373 outstanding has company $2.15 Badger Auto Service Co. since Jan. 1, 1953. the bond $0.36 f0.04 2,950,000 Washington Gas Light Co.—Calls Bonds— cents $0.39 5,803,286 of 80 of 4,214,912' re¬ 2,197,224 common 1,203,048 — 2,880,000 taxes 1882. p. 1,203,048 4,214,912 reductions $2,923,286 per $7,000,000 Sept. 30— income for $181,537,634 $177,909,215 — income state $34,099,460 $26,704,707 Provision Capital income and 300,762 share: per ductions include 1953 paid 178, 4,169,591 $8,515,163 sinking Subs.)—Earnings— profit Earnings —V. ex¬ 3,352,292 4,214,912 Total taxes Federal shares 998,244 $1,824,369 $14,202,920 300,762 Non-recurring tax 1882. the in shares 66,983 basis share Offer with 1199. sales Jfet other income for 131,763 of non-recurring •The Walgreen Common offered be preferred stock and Packing Corp. on the cash share.—V. letter a five-year shares West common before of Earnings 74,513,172 funds.—V. 285,365 4,214,912 period 102,504,755 National Hotes 64,643,608 outstanding 7,636.026 105.82% Profit dividends shares 12,399,904 oper, 51,309 $2,095,191 end at $ 7,847,716 Net , Vanadium . Com. 11,713,202 1573. p. Camp Sea Food Co., Inc.—Files Exchange covering the 65,877,266 $2,822,613 $17,555,212 $12,684,760 874,519 income expenses ry. deductions etc., revenues Dividends First Int., oper. •Net Drl7,524 $2,969,710 +Non-recurring Algemene 4 <of $2,771,304 $17,269,847 $12,552,997 revenues income oper. Net - (Netherlands) — American Shares Offered— tent Gross Railway $35.50 per to up . Which 14,978,010 $2,987,234 is Earnings— 1953—Month—1952 Years Ended Sept. 30— t the •1953—12 Mos.—1952 16,085,885 revenues Non-operating . Dec. taxes— 177, p. 2683. $ returned ■ United oper. Net 2097. p. to ac¬ to-^he shareholders, because fractional shares will not be issued under tb$ program. The directors last month authorized the use of $3,550,000 to purchase rill and Subs.)—Earnings— •lSSS—3 Mos.—1952 $19,073,119 $17,749,314 $83,147,113 $77,196,605 — or presently tNet three -- paid relating orders approximately cleared. are Tenders $j; Sept. 30— revenues exps. Railway price average income Period End. Oct. 31— for the company said. The pet share, SEC End. $135,017 $215,984 declared on common stock— 112,903 112,903 Dividends paid or declared on preferred stock 9,475 9,475 At Sept. 30, 1953, the company had commitments on contracts and Tendsrs— stock 100.350 shares on the basis of unaudited figures. 411 the bids that met the terms of the invitation Hetp Period 167,000 Dividends recent request for offers will be accepted at up to and including it's $3$.50 per share limit, although the stock offered to the company at $3§.50 will be pro-rated on the basis of 26¥3%. All fractions in alloca¬ per 1952 $2,628,397 302,017 for Net for Wisconsin Electric Power Co. (& 1953 $2,551,030 products Operating before Reserve (Continued from Page 10) - of ' ' , tion sale from Income Investment News \ri Co.—Quarterly Earnings— Quarter Ended Sept. 30— Income 53 SOCIETY of 1 $761,084 ' f U • 54 Chronicle The Commercial and Financial (2246) Monday, December 7, 1953 : / : ... — ___ r ii STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Rock Union Elem. Sch. Dist., County, Calif. j Castle Shasta Ashland, Ala. Bond Sale—The Warrant Sale—An issue of $12,- 5oT3'4T gen^raT'obligation* ^rdt^Tto t£ re- Bank of America National Trust IFraS^fc0"' * ^ Arant, Cisco, as loiiows, proved by White, Bradley, $36,000 3]/4S. Due All & Rose, of Birmingham. 1954 Cordova, Ala. 1966 to $39,- 1972 sold to R. W. Knight & Co., of Birmingham. ing warrants sewer Dated Oct. 1, Dale was sold •» to and George 1VI. Bond Sale—The 178, v. Merced, Alabama Warrant Sale—An issue of 3,000,000 Gasoline rants Tax to Brodnax Due & : Other members of the Utility District, Sale The — $225,000 court house building warrants of¬ fered Dec. 1—v. were awarded Mayes, both jointly, on First of bid a interest cost 2032— p. Hendrix to the and Bank, 178, and National Birmingham, to 1 15 from June on inclusive. 1965 June 15 from on are dated June 15, Principal and interest (J-D) 1953. bonds payable at the County Treasurer's office. Legality paproved by Or- reflecting of about net a 2.74%. Kindred Francisco, San & Co., Burns, Corbett & Housing Note H. Offering—Charles P. Rogers, Secretary-Treasurer, receive sealed (CST) of on bids until will 1 p.m. Dec. 16 for the purchase $526,000 first series notes. Dated Jan. 5, 1954 and Juran Authority, Alabama due July on 9, 1954. St. Louis, Hill Richards & Elworthy & Co, both of River and Agricultural Project Improvement and Power of Co, San Francisco, Kalman & Co, of Min¬ neapolis, Brush, Slocumb & Co, J. Strauss S. & San Co, both of Francisco, Kenower, MacArthur & Co, of Detroit, C. N. White & Co, Los Angeles, Hannaford and Talbot, of San Francisco, Jones, Cosgrove & Miller. and Bond be Contra Offering—Sealed bids will received purchase until of Dec. for 17 $5,000,000 generating plant San CALIFORNIA Sch. O. Dist., San as & Savings Association, of Farncisco, recently purchased bonds, 5s, l%s, 2s, 2V4S and 2V2S. Dated 15, 1952. Due on Dec. 15 from Diego County, Calif. Dec. Bond Sale—The $60,000 build¬ ing bonds offered Dec. 1—v. 178, 1954 p. 2032—were awarded to Wesley Hall & Co., of San at price a about of Diego, 100.19, of bonds consist of: $550,000 5s. Due 3%s, as basis a inclusive. 1977 to The 500,000 2s. Due Calistoga Joint Unified Sch. Dist., Bond Calif. 2140 Bank & of America Savings Francisco, $40,000 4s. as Association, follows: Due on Dec. 178, to National of San Due on Dec. 15 from 1976 2]/vs. and Due on Dec. 15, 15 from The bonds are dated Dec. Dec. 15 from — will Ruth Bruton, receive sealed bids until 7:30 p.m. (PST) for the purchase Dated Jan. on of 1, 1954. Dec. $240,000 facilities bonds. on Jan. 1 Prin¬ cipal interest and the at the Due City payable Treasurer's of Bank (J-J) America office; bonds 1952. Principal and interest (J-D) office. Legality approved by Dahlqu.ist, Sutcliffe, of San members Herrington Or& Francisco. of the group: Co., all of San Francisco, Fred D. Blake & Co., of Los Angeles, & Jones, Cosgrove & Miller, of Pasa¬ 1954 to $118,000 price of on 1957 in¬ 2s, due on 1958 to from 15 1963 were Dec. 1964 to from 15 Dec. on 1969 in¬ from 15 1970 to 1978 inclusive. to American of both Trust Co., San Bond 1—v. 178, awarded to Blyth Co., of San PYancisco. on a bid reflecting a net interest cost of & about & Fenner Heller, Beane, Bruce & Co., all of San Francisco, William R. Staats & bonds Witter 4s, Kaiser & Co., Lawson, Levy cago, & Williams, Stone & & of San & Offering — H. Work E. & Co., Youngberg, Hill Richards will bids until 8 p.m. receive (PST) on Due on Orinda Bond School Union Contra Costa District, County, Calif. Offering — W. T. Paasch, County Clerk, will receive sealed bids at his office in til Callable as of 11 a.m. (PST) purchase of Martinez, Dec. on 15 un¬ for building $45,000 Los Dist., ing bonds offered p. Nuveen & at 100.82. of 178, 1—v. John to Co., of Chicago, price a Dec. awarded 2140—were as 3%s, of basis a about 3.64%. Wooden Elem. Sch. Dist., Calif. Bond Sale—The $9,000 building bonds offered Dec. 1—v. 178, p. Valley Napa County, awarded 2140—were the to Bank ings Association, of San Francisco. CONNECTICUT Connecticut Bond (State of) Joseph Offering A. — < Adorno, State Treasurer, will re¬ ceive of on until bids sealed (EST) 11 a.m. Jan. 5 for the purchase $2,470,000 divided bonds, as , follows: Connecti¬ of University $990,000 cut field house bonds. Jan. 15 1955 from Due on 1974 in¬ to clusive. 1,480,000 University of Connecti¬ cut building bonds. Due on Jan. 15 1955 from 1974 to inclusive. bonds dated are Jan. 15, Principal and interest pay¬ able (1) at tne State Treasurer s office; (2) the Hartford National Bank & Trust Co., Hartford, and (3) at the Manufacturers Trust Co., New York City. Legality ap¬ proved by Day, Berry & Howard, of Dist., Bond Offering—L. E. a.m. (PST) of Hallowell, Ventura, until 8 for the $90,000 building 1, 1953. Due on able at the County Treasurer's fice. scheduled Oct. sale to was have p. been held New Los & 2146—were awarded to headed a 178, syndi¬ Bank of America National Trust & Savings by, Co., &1 Co., Burr, Lee Higginscn Corp., and City, Co., all of New York 2.60s, as at 100.53, a t basis of about 2.54%. Meriden, Sale—The Bond a offered — as Conn. $525.'000 school 2—v. Dec. 178, p. awarded to Salomon Hutzler, 1.60s, at a of New York price of 100.005, basis of about 1.59%. Micldlefield (P. O. Middlefield), Connecticut the Association, of San Francisco, as were & Bros. City, Bond .Sale—The $925,000 build¬ p. & Putnam Hartford, R. L. Day & Co., Coffin R. D. White & on Dist., 1—v. Estabrook City, 178, group a of¬ Angeles County, Calif. ing bpAds offered Dec. cate York bonds Sch. of composed 2141 Unified $2,400,000 2141—were awarded to originally 27. Paramount 1, The — water, sewer and public improve¬ Principal and interest (M-N) pay¬ The Sale ment bonds offered Dec. 3—v. Dec. on Bond Ventura County, Calif. 10 . Hartford. Groton, Conn. Sch. Elem. sealed Jan. Sch. Union Angeles County, Calif. Bond &ale—The $/ 5.000 build¬ bonds. ton Co.; Merrill Lynch, Pierce, Fen¬ Francisco. 3.77%. The Jan. inclusive. 101. 1954. Dec. 8 bonds. Dated Jan. 1, 1954. 1 from 1960 to 1985 of Dean to Francisco, as a basis of San Co., - 178, v. — awarded price Westside Co., of Oakland. Nov. 1 from 1954 to 1965 inclusive. for the purchase of $850,000 water 1 Dec. Francisco, and C. N. White purchase Isobel Smart, & a about Co., Irving Lundborg &<Co., all the; Millbrae, Calif. revenue at Webber, Jackson & Curtis, of Chi¬ bids at his office in Clerk, offered 2140—were p. Paine, Co., Savings Association, of San Fran¬ cisco, as 4s, at a price of 100.09, City 2.48%. Sulphur Springs Union Sch. Dist., Lcs Angeles County, Calif. Bond Saie—The $9,000 building Blyth & Co., Harris County Clerk, will receive sealed Bond 2032—were p. Francisco, Bank of America National Trust & basis of about 3.99%. Calif. Sale—The $489,000 build¬ of America National Trust & Sav¬ Other members of the syndicate: Oxnard awarded Dist., San Sch. County, in¬ clusive; $120,000 2V4S, due on $32,000 build¬ ing bonds offered Nov. 24—v. 178, — N. White & Co., of C. ing bonds offered Dec. County, Calif. 1924 Youngberg, Hill Richards Stone & District a $72,000 4s, due from 15 clusive; the Sale—The & Beane, Fenner Co., Lawson, Levy & Williams, & 15 basis of about 2.40%, a follows: as 1962 to 1966 inclusive. 1972 to 1978 inclusive. and Dec. on sold at were 100.09, Trust 1959. Principal and interest (J-J) Corporation; Harris Trust and Savings Bank; The Northern Trust payable at the Bank of America National ^Trust & Savings Associa¬ 72,000 2V2S. Due on Dec. 15 from Company; American Trust Com¬ tion, of'San Frah'ci$cb. Legality pany, San Francisco; R. H. Moul¬ 1967 to 1971 inclusive. by Orri'dkJ Dahlquist, ton & Co.; Security-First National approved 112,000 23As. Due on Dec. 15 from Bank, of Los Angeles; Weeden & Herrington & Sutcliffe, of San on inclusive; School Napa 490,000 N'atiqnal & Savings Association, San Francisco, or at the fiscal agency of the City in Chicago or New York City. Legality approved by O'Melveny & Myers, of Los An¬ Pierce, Heller, Bruce & Co., Schwabacher from 1961 to 1978 inclusive. Pierce, Monte, Calif. Clerk, City Co., Dean Witter & Co., Merrill & Lynch, on Offering 15, Blyth & Co, Inc.; The First Bos¬ 70,000 2i/4s. Due $45,- Dec. 15 from bonds. Dated Nov. Other 1958 to 1961 inclusive. Bond a 1977. rick, from on purchase of $780,bonds. Due El p. Dec. 15 from on inclusive; Los (PST) a.m. 15 from Dated Jan. Trust & Savings Bank, of Chicago, Jan. 1 from 1955 R. H. Moulton & Co., of San P'ranto 1974 inclusive. Principal and cisco, Security-First National Bank interest (J-J) payable at the of Los Angeles, Weeden & Co., of County Treasurer's office, or at San Francisco, California Bank, of fiscal agency of the County in Los Angeles, J. Barth & Co., Dean New York City or Chicago. Witter & Co., Merrill Lynch, Bond payable at the County Treasurer's 15 1954 to 1957 inclusive. 56,000 2s. 200,000 9 in a of follows: $60,- on 1960 to at clusive; and $180,000 2%s, due Enterprise Elem. Sch. Dist., Shasta 1968 to 1975 inclusive. the Trust Dec. on 800,000 2V4S. Due 1—v. awarded were — the building 1954. 1, Dec. 15 from 1963 to 1967 inclusive. Sale—The $350,000 build¬ ing bonds offered Dec. p. on 1957 to 1962 inclusive. Napa County, 000 until for office 1957 to 1958 J. 15 from 1954 to 1956 inclusive. 600,000 13/4s. Due 3.72%. 8 his at as basis a $495,000 2V2S, due Dist., Harold — sold were 100.09, 2.V4S, due Dec. geles. Dec. on 1954 000 from 1955 to 1972 inclusive. I syndicate headed issue of $2,650,000 road an Union (P. bids recreational by the Bank of America National bonds. Trust Bonsall County Sale—A Bond electric revenue Costa Martinez), Calif. the bonds of 000 41/48. Due on Dec. County, Calif. Offering Angeles, Dec. 21 District (P. O. Phoenix), Ariz. Francisco, San of District 1 from Sch. a $600,000 Napa Union High School Ostly, County Clerk, will receive Oakland, Fred D. Blake & Co, of Salt & Co, High Angeles sealed Moody, of St. Paul, & Co, of San Fran¬ cisco, Dempsey-Tegeler of ARIZONA & Work E. Union Bond Barcus, | Pickard, Inc., both of Chicago. Montgomery Los York, Lawson, Levy & Wil¬ of Association, 1962 to 1972 inclusive. Downey Bank, of follows: Dec. Dec. on to syndicate headed by the Bank of America National Trust & Savings inclusive. 21,000 23/4s. Due & Co., all of San Francisco, F. S. Smithers & Co., Shearson, Hammill & Co., both of liams, awarded 2140—were p. Elementary Sch. Dist., 1961 syndicate: Savings & Chicago, Weeden & Co., J. Barth $1,090,000 building bonds offered Dec. 1—v. Yolo and Solano Counties, Calif. to Trust Meteo The — about 2.51%, as 1954 Harris Ravenswood Elem. Calif. County, Sale price Joint in¬ Oct. on Napa School Districts, Napa rick, Dahlquist, Herrington & Sut¬ Davis held been Other members of the dena, and 178, 1983 inclusive. 1966 to originally was price of 101.04, a basis of a about 2.89%. Oakland. Bond 18,000 4 Vis. Due The of¬ 27. syndicate: Curtis, both of Chicago, Kaiser & Co., Stone & Youngberg, New sale The tended to have follows; Jackson & Schwabacher 1 from 1954 to 1962 inclusive. Dec. fice. Bond Sale—The $37,000 build¬ Knight, and T. U. Crumpton & Blyth & Co., R. H. Moulton & Co., Co., both of Birmingham, jointly. Weeden & Co., Merrill Lynch, ing bonds offered Dec. 1—v. 178, p. 2140 — were awarded to the Dated Nov. 1, 1953. Legality apPierce, Fenner & Beane, Dean Bank of America National Trust & proved by White, Bradley, Arant, witter & Co., J. Barth & Co., all All & Rose, of Birmingham. Savings Association, of San Fran¬ i0f gan Francisco, William R. cisco, as follows: Jackson County (P. O. Scottsboro, Staats & Co., of Los Angeles, John Nuveen & Co., Paine, Alabama Webber, $16,000 2V2S. Due on Dec. 1 from Warrant $90,000 building bonds. Dated Dec. 1, 1953. Due on sold to the Bank was to the 8 for Dec. on of cliffe, of San Francisco. July on Y>ohds 1955 from 1964 to 1983 inclusive, war-! anticipation sold was 3%s. (PST) a.m. able at the County Treasurer's County, Calif. im- $11,000 4s. Due $4,200,000 10 purchase 3s, at Hallowell, Principal and interest (J-D) pay¬ Sonoma as 1956 to ,1993 inclusive. $408,- ; N. Bond Offering—L. E. County Clerk, will receive sealed bids at his office in Ventura, until ings Association, of San Francisco, j cost of about 3-87%> a* follows: j $1,200,000 5s. Due on July 1 from 000 3% Farm-to-Market and State C. and Union Elem. Sch. Dist., County, Calif. Ventura of America National Trust & Sav¬ Counties, Co., Montgomery, and the Trust a syndicate headed by the Bank Company of Georgia, of Atlanta,of America National Trust & Savjointly, as 21fes, at 100.56. Dated; ings Association, of San Francisco, Sept. 1, 1953. j at a price of 100.06, a net interest Fayette County (P. O. Fayette), Co.; Bond^Sale—An issue of $29,000 2140—were awarded p. & Public Cotati provement bonds offered Dec, 2 & & Levy Lawson, White & Co. 1 from California $75,- Wood Dist., Co.; Richards Hill inclusive. Stanislaus & Schwa¬ Williams; Kaiser & Co.; Stone & Youngberg; H. E. Work & Co.; 1 from Dec. on Irrigation Fresno Warrant Sale—An issue of Dec. on bacher Moor park Paine, Co.; & Nuveen velt & Cross Incorporated; inclusive. 1978 Ozark), Ala. (P. O. Barth & Co.; Dean Co.; William R. Staats & John Co.; sewer 000 capital outlay school warrants was 1971 to Central 1953. County inclusive. 26,000 3%s. Due obligation refund¬ Dec. 1 from on 1965 to 18,000 3V2s. Due Warrant Sale—An issue of 000 5% general Witter & Webber, Jackson & Curtis; Roose¬ !lrix 'SndWMavesS of^frmfnEhlm r.a^a^ptXS19503. build- $80,000 & Beane; J. ner Bond bonds Sale-^-The $470,000 offered Dec. 2—v. school 178, p. - I Volume 178 2141 Number 5279 awarded were — The Commercial and Financial Chronicle ... Laird. to Bissell & Meeds (Day, Stoddard & Williams division), of New Haven, 2y2s, at 100.49, as a basis of about O. Newington), 420,000 (P. school 178, S al bonds 3s. 1, Dec. on Other of members the group: $850,000 Offering—Glenn 2.60s. City receive (CST) Clerk-Treasurer, sealed bids until Dec. 14 for the purchase on Other members, of the syndicate: John 1—v- 178, York Struthers City, 100.02, to a & Co., 1.90s, at as Co., & School District No. New 100 Bond Offering Hartford (P. O. Hartford), Connecticut Bond Finance, bids will the at Vleck H. receive Hartford sealed National Bank & Trust Co., Corporate Trust Dept., 777 Main St., Hartford, until noon (EST) on Dec. 10 for the purchase of $3,580,000 school bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1954 to 1973 inclusive. Principal and interest payable at the Hartford Trust Co.. Board National Bank & oonds. Bond Sale issue sewer of Beach, $5,330,000 Dec. 9, water bonds, was Dec. on clusive. (J-D) of and originally deferred until right, Ramsey & Lancaster, New City, financial consultants .York to the an City. The occasioned was by of a Court of Volusia decree postponement the filing of of the County Circuit approv¬ ing the validity of the bonds. and the to a Company $1,150,000 -Evans & Co., Inc., Co., and District (P. Bond O. Sanitary Waukegan), III. Offering—Mark H. Beau- 3% Clement A. Byron (EST) Dec. 10 for on 1953. to Due Trust payable 1 from 1955 from and the Co., Chicago. Isham, Beale, of Chicago. Vermilion and Consol. Sch. ap¬ Lincoln & Edgar Dist. O. Fairmount), — to as at price a interest of cost the Louis, Co., Chicago, of 100.001, about plans to make public Dec. 10 of an issue of $20,000,000 to mature Fulton to both the counties have provide the principal and certificates, also to of con¬ Authority sufficient funds 1955 from The DeKalb and tracted with certificates revenue serially inclusive. 1979 to meet interest cost of on op¬ erating and maintaining the hos¬ pital. 1955 to on a 2.36% to 1958 1967 on to on Nov. 1 from Portfolio Ind. Chicago, III. Offering — sewer revenue 178, p. 2032—were awarded Indiana in & bonds offered Nov. composed of S. R. Co., Charlotte, Braun, Bosworth & Co.. Inc.. Toledo, B. J. Van & Co., Bache & Co., Higginson Corp., all of Ingen and Lee New York City, Bank of Jesup, jointly, Woodbury 2V2s. as terminus at 20, with U. S. 41 and the the at Hammond, and 111., Chicago, line State between the cities boundary line Ind., to pro¬ connection at the Indi¬ a ana-Ohio of western the with line terminus Turnpike Ohio the under construction. now Bond Raffensperger, City), Sale—The divided highway of modern ex¬ tyne construction is ex¬ pected to start in the fall of 1954, it is expected to traffic on in late Bank O. Iowa $325,000 fund¬ Sioux of City, price of 100.06, a be open for It 1956. esti¬ is of probable traffic that as of 1956-1957 17,6*61 vehicles, consist¬ total of 12,371 of and vehicles, will daily. For the passenger commercial 5,290 Toll the first full Toll Road daily Road Bond for 18 10 about travel, of of trip bonds. Dated Dec. on clusive. miles' in length. On the basis 1, 1953. 1956 Bonds thereafter and 1979 to maturing in callable are Due in¬ High No. 6 (P. Shawnee-Mission School District Nov. 19—v. school 178, p. K. offered Baum & & from Co., 1957 to Sale—The awarded 1986 to 1993 inclusive. Consolidated School as were ton Indianapolis Sanitary District, Ind. Bond Offering—John R. Barney, on will Comptroller, City sealed bids until Corporation (P. O. Brownstown), Ind. William 25 1985 inclusive. 675,000 3V2s. Due on Dec. 1 from Dec. 10 for 10:30 the receive a.m. Estes to $120,000 & Co., gen¬ offered — were of To¬ awarded to the Washing¬ Bank & Co., as will Agent, bids at its office, re¬ 135 South Bond Sale — The $50,000 im¬ provement bonds offered Dec. 2— $1,950,000 & LaFourche Trust Co., Franklin¬ Parish Bond disposal sewage Dated Dec. plant 15, O. group headed by A. C. Allyn July 15, 1956 to Jan. 15, 197;6 in¬ Co., Inc., Chicago, at a price pfr clusive. Principal and interest 100.01. a net interest cost of about (J-J) payable at the Gary Na¬ 3.06%, as follows: tional Bank, Griffith. Legality ap¬ a & $625,000 3s. Due on Dec. optional in varying 1, 1972; proved by Ross, McCord, amounts Miller, of Indianapolis. Ice & 1—v. Dec. 178,, p. Offering—G. Share and Corp., all of the State Bank, Indianapolis, Syracuse, as Baton "B" bonds offered Dated 1953. Due on Dec. 1 from to 1973 inclusive. Principal First Legality payable at the interest Thorndike, Storey, by approved Dodge, of Boston. & Palmer Mass. V. Offering—Leo Clancy, City Treasurer, will receive sealed hids at the National Shawmut Dept., 40 until 11 a.m. (EST) on Dec. 8 for the purchase of $1,700,000 school bonds. Dated Jan. 15, 1954. Due on Jan. 15 from 1955 to 1974 inclusive. Principal and interest payable at the Na¬ Water Boston, St., Shawmut tional Trust Boston, of Bank of Bank Boston. approved by Storey, Thorndike, Palmer & Dodge, of Legality Boston. Sale Bond — $60,000 The G. Zimmer¬ —v. & Hutzler, of New Concord, Co., Dec. Kidder, 3 were Peabody & of Boston, as 2s, at a price a basis of about 1.95%. bonds The and 1953 1954 and 178, to i00.36, $4,000,000 series 1—v. offered bonds Mass. Sale—The $256,000 sewer awarded Rouge), La. Dec. basis of about 1.59%. a Bond of price of City, as 1.60s, at a 100.01, dicate 1 awarded to 178, p. 2141—were to 1973 interest Trust are Co., Dec. inclusive. payable Boston. Dec. dated mature on 1, 1 from Principal at the Legality 1824—were awarded to a syn¬ proved by Storey, Thorndike, headed by the Equitable mer & Dodge, of Boston. Securities Corp., Nashville, at a p. mu¬ nicipal relief bonds offered Dec. Salomon Bros. O. p.m. 1, York (P. 2 bonds. school $126,000 Dec. lice Jury, Bond Sale—The until Dec. 9 for the purchase on man, 2032-^were awarded to a, group composed of the City Securities Corp., Fletcher Trust Co., Indianapolis Bond & (EST) National First the at Westfield, of Bank Thibo- — to Wy- Chelsea, Mass. (P. daux), La. of 1953. Due Jan. 1 from 1956 to 1985 inclu¬ bonds. bids sealed of W. Town Treasurer, will receive man, ton, as 2s, at par. Secretary of the Parish Po¬ will receive sealed bids until 2 p.m. (CST) on Jan. 13 for on v. 178, p. 2141—were awarded to La Salle St., Chicago 3, until 1 sive. Principal and interest (J-J) the purchase of $750,000 public the Citizens State Bank of Ewing, p.m. (CST) on Dec. 9 for the pur¬ payable at the County Treasurer's improvement bonds. Dated Feb. 1, as 2s. chase of SI.493,000 various State office. Legality approved by Ross, 1954. Due on Feb. 1 from 1955 to and municipal bonds. Griffith School Building Corp., Ind. 1974 inclusive. Bonds maturing in McCord, Ice & Miller, of Indi¬ 1970 and thereafter are callable Bond Offering — E. F. Yahnke, anapolis. Cook Ccun'y Sch. Dist. No. 152 as of Feb. 1, 1970. Interest F-A. President, will receive sealed bids (P. O. Harvey), III. Legality approved by Foley, Cox Turkey Creek Township (P. O. until 7:30 p.m. (EST) on Dec. 9 Bond. Sale The $1,730,000 & Judell, of New Orleans. Syracuse), Ind. for the purchase of $580,000 first building bonds offered Dec., 1 Bond Sale—The $384,000 school mortgage bonds. Dated Dec. 1, Louisiana State Building Authority —v. 178. p. 2141—were awarded 1953. Due semi-annually ;from and civil township bonds offered Blair ceive Blandford, Mass. Offering—Elwin Bond Brockton, 2s, at 100.05. (CST) purchase MASSACHUSETTS Bond toll proposed by Chapman & Cutler, of Chicago. Co., Kansas City. Parsons, Kan. Bond or at any bank specified by purchaser. Legality approved National Bank of Boston. Sale—The $344,000 1824—were awarded to George bonds (J-J) urer, and Indianapolis, and LOUISIANA charges applied to the anticipated McDougal & Condon, of Chicago, traffic using the road in its first Franklinton, La. at a price of par, a net interest year of operation, gross revenues cost of about 3.56%, as follows: Bond Sale —The $35,000 public for the year ending 1957, have improvement bonds offered Nov. $1,225,000 3%s. Due on Dec. 1 been estimated at $16,340,000. Hughes of the 1954 O. Merriam), Kansas Bond Principal and in¬ payable at the office {he Parish School Board Treas¬ terest of County, Rural Jan. 15 from 1955 to on inclusive. 1974 of $765,000 Dated Jan. 15, purchase 1961 as Principal and inter¬ est payable at the State Fiscal Agency, Topeka. Legality ap¬ proved by Dean, Dean & Quinlan, of Topeka. Johnson J. F. Corkern, — bonds. Due 1954. 1, 1960. peka, of Dec. from 1 — 113 Dec. on 2,000,000 eral improvement bonds v. with the Dec. 2 178, p. 2141 approximately average (CST) a.m. the purchase of $700,000 men's dormitory building revenue operations, the is expected to have a miles building Rubert — the for 8 Regents of Kansas Offering until bids Amite), La. Bond Offering Secretary-Treasurer of the Parish School Board, will receive sealed bids until 10 a.m. (CST) on Dec. Brighton, Secretary of the Board of Regents, will receive sealed of year usage vehicle cars Tangipahoa Parish Consolidated School District No. 1 (P. O. basis a (P. O. Topeka), Kan. basis of engineer¬ the New Orleans. as KANSAS Board of projects ing (P. public bonds offered Nov. 24—v. 178, p. 1713—were awarded to White, Hattier & Sanford, of improvement 2141—were awarded to the Toy p. Dec. four-lane the of Monroe), La. Bond Sale—The $150,000 ing bonds offered Nov. 30—v. 178 in the point a and 12 Indiana-Illinois of County Sioux a gen¬ from direction easterly use group miles 156 connections a 30—v. a 1613—were awarded to Quail & Co., Davenport, and Farmers State p. will Road 1—v. 178, 1925—were awarded to Ducournau & Kees, of New Orleans, on a bid reflecting a net interest cost p. Quachita Parish Gravity Drainage District No. 1 (P. O. West ing bonds offered Oct. 26—v. 178, l%s, at Toll Sale—The $100,000 build¬ Bond ing bonds offered Dec. of about 3.31%. and revenues, works Dickson co¬ as Federal approximately ing to Co., both City, jointly, as 2V4s, basis of about 2.23%. Sale—The $200,000 build¬ Income mated, INDIANA Bedford, a Trust Louisiana Bond length and will extend across the and inclusive. 1973 2— of about 1.35%. pressway Nov. 1 from inclusive. 180,000 2V2S. Due 1968 Nov. 1 from inclusive. 1957 435,000 2V4S. Due 100.20, & Dist. (P. O. Natchitoches), 114 No. Sch. Parish Natchitoches Dec. Sutherland & Ryan, and Co., of Toledo. Jesup Consol. Sch. Dist., Iowa National Construction Brownstown ILLINOIS be follows: $135,000 2 V^s. Due at William lanta, $250,000 school offered Bank Kansas exempt viding III. awarded were of counsel, East-West western 327 Bond Sale—The $750,000 build¬ ing bonds offered Dec. 1—v. 178, 2032 Dist., 2033—were awarded to & Co., and the City p. is Routes (P. Sch. Co., of At¬ & Evans Blair & Co., of Chicago, First American National Bank, Third National Bank, both of Nashville, Stern Bros & Co., of Kansas City, Arnold and Crane, Glas & Co., both of New Orleans, Stranahan, Harris & Co., of To¬ ledo, Rauscher, Pierce & Co., of Bros. National Trust & bonds the present The eral Counties No. bonds the opinion of on northern part of Bond Sale—The $1,900,000 syndicate headed jointly by Blyth & Co., New York City, and the Robinson-Humphrey Co., Inc., Bank Indianapolis, of taxes Northern Legality bv Stern trustee, and Mer¬ as National chants interest at Toll 178, v. and the Indiana National Bank of Principal inclusive. 1973 interest earned by the accordance with the Agreement between the Indiana Road Toll Commission Dec. Feb. on solely payable are in trustee. In I, ob¬ an Sale—The building State Trust Dated plant bonds. Hospital Authority, Certificate Offering Anticipated on but revenues disposal Brooke —A offering any Company a.m. Indep. A. Clement Iowa Bond > of Indiana of its political subdi¬ Indianapolis, Georgia Atlanta, of or constitute not the of bien, Secretary of the Board of Trustees, will receive sealed bids Co., all of Atlanta, at a price of 105.65, a basis of about 2.28%. of them do ligation interest payable and Friedrichs & Co., of New Orleans, Dallas, Madison of Chicago, Co., Corporation, both of New Howard, Weil, Labouisse, igan York, • & Fulton-DeKalb bonds Road, Lake County, North Shore Robinson- Georgia, of Humphrey The on Indiana the by Commission; together Road visions, jointly, composed of the Trust group in¬ District Legality ap¬ purchaser. Toll with financing and other related costs. undertaken from 2032—were awarded p. banking Road, the first project to be Toll interest and a and William Blair & hospital,'police station and street improvement bonds offered Dec. 178. in¬ 1973 East-West 1.70%. Fort toward the the of construction Chicago. let 1—v. at to Due Mercantile Trust Co., of St. Columbus, Ga. Sale—The 1955 Principal payable 1953. will be applied bonds proved by Chapman & Cutler, of p. GEORGIA Bond 1, stitution acceptable to the appeal to the Florida Supreme Court Dec. from 1 mid-January, according to Wain- proved L until :he purchase of $2,500,000 sewage Fla. Postponed—Sale revenue .set for Dated about the of sale the from Proceeds until 11 FLORIDA Daytona bids Secretary Education (CST) on Dec. 9 for the of $1,140,000 building p.m. Hartford. Legality ap¬ by Robinson, Robinson & Cole, of Hartford. of Raffensperger, and 0 n Hughes & Co., Inc. purchase proved an the 8 Offering —Van •VosBurgh, Chairman of the Board of received by the of t i p 0 r a (P. O. Sealed — will be West of III. Benscnville), price of a basis of about 1.89%. a Nicolaus Stifel, 2141—were awarded p. Wood. to awarded & Nuveen White, Weld & Co., First of Mich¬ St. syndicate. 1965 inclusive. Interest J-J. Le¬ group composed of the Equitable Louis, R. S. Dickson & Co., WhiteThe offering has been tenta¬ gality approved by Ross, McCord, Securities Corp., Nashville, Union Phillips Co., Sills, Fairman & tively set for Thursday, Dec. 17, Ice & Miller, of Indianapolis.^ Securities Corp., Ira Haupt & Co., Harris, all of Chicago, Townsend, and principal underwriters serv¬ and R. D. White & Co., all of New Dabney & Tyson, of Boston, McIOWA ing as co-managers of the group York City, as 2.30s, at a price of Dougal & Condon, Nongard & Co., will be Smith, Barney & Co.; The Cedar Rapids, Iowa 100.01, a basis of about 2.29%, Burns, Corbett & Pickard, Inc., First Boston Corporation; Drexel Bond Sale—The $800,000 sewer Walter M. Kelleher & Co., and Thomaston (P. O. Thomaston), & Co.; Halsey, Stuart & Co. Inc.; bonds offered Dec. 3—v. 1/a, p. Barcus, Kindred & Co., all of Chi¬ Connecticut City Securities Corporation; Col- 2033—were awarded to the First Bond Sale—The $350,000 ele¬ cago. lett & Company, Incorporated; National Bank of Chicago, as ls/4s, mentary school bonds offered Dec. Indianapolis Bond & Share Cor- at a price of 100.37, a basis of DuPage County Community High 2141—were p. 15 Dec. on 1959 inclusive. 2V2S. Due on Dec. 15 from 1960 to 1962 inclusive. p.m. of $90,000 municipal sewer bonds. Dated Dec. 1, 1953. Due semi-an¬ Due 3,150,000 will 7 follows: as from 1957 to Mit¬ M. net interest cost a 2.51%, underwriting nually from July 1, 1955 to Jan. 1, nation-wide the of chell, approximately 460 members to the basis of about price of 100.01, a of about Bond sent Dec. 1 Revenue Bonds—were — toll of record $280,000,000 on 100.19, Warsaw, Ind. Toll Road Commission Indiana of offerings public bonds road at 2.34%.. — largest ^ 1972; Dec. 1 from 1967 1, Dec. Due inclusive. 1972 to The $1,090,000 offered Nov. 30—v. e on optional Connecticut Bond 2%s, Commission, $280 Million Issue Expected on 17 Details of one of the 1972; Dec. 1 from 1963 Dec. Due 1966 inclusive. 685,000 Road Toll Indiana 1962 to Indiana 3y4s. optional to Newington 1955 from 1 inclusive. 2.44%. . Dec. on 55 (2247) Day ap¬ Pal¬ The Offering Bond sealed ceive Emerson S. — Treasurer, will re¬ bids until 11 a.m. City Laurie, Dec. 7 for the purchase Water Department equipment bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1954 to 1958 inclusive. Principal and in¬ (EST) of on $30,000 at the National of Boston. Legal¬ payable terest Shawmut Bank ThornBoston. Storey, by approved ity dike, Palmer & Dodge, of Offering Bond Somerville, Sale—The Bond Mass. $1,150,000 ele¬ . mentary school bonds offered Dec. 2—v. 178, 2141—were awarded p. composed of R. L. Day Estabrook & Co., Lee Higginson Corp., and George P. Fogg & Co., all of Boston, as 2.20s, at a price of 100.53. a basis of about 2.14%. thereatfer Sch. Regional Dist., to a were Sale The — Sale Bond — Weymouth, Mass. Offering—Harry I. Gran¬ Bond The $3,600,000 Town Treasurer, will receive sealed bids at the Second National ger, of Boston, Bank 111 Franklin St., Boston, until noon (EST) on Dec. 9 for the purchase of $2,320,000 school Due 1 Jan. inclusive. payable the National Second approved Bank of Boston. Legality Palmer & by Storey, Thorndike, Dodge, of Boston. MICHIGAN Township School Barton No. 5 District O. Flint), Mich. — Offering—Ray B. Kinder, Bond (P. Secretary of the Board of Educa¬ will receive sealed bids un¬ tion, 8 til (EST) on Dec. 16 for the purchase of $400,000 building bonds. Dated Aug. 1, 1953. Due on p.m. from to inclu¬ 1 sive. Bonds maturing in 1965 and thereafter 1954 1969 June callable are as of June I, 1957. Principal and interest (J-D) payable at the Citizens Commercial and Savings Bank, Flint. Legality approved by Berry, Detroit. Stevens & Moorman, of Chelsea School Agricultural District, Mich. Bond Flint- Offering—Howard oft, Secretary of the Board of Edu¬ cation, will receive sealed bids until 8 p.m. (EST) on Dec. 16 for the purchase of $198,000 building bonds. Dated Dec. 1, 1953. Due on April 1 from 1955 to 1972 inclu¬ sive. Bonds maturing in 1960 and thereafter are callable as of April Principal and interest (A-O) payable at a bank or trust company to be designated by the purchaser. Legality approved by Miller, Canfield, Paddock & Stone, 1959. 1, of Detroit. Bond Township, Offering Township — Clerk, Mich. E. E. Lester, will receive sealed bids until 8 p.m. (EST) on Dec. 10 for the purchase of $192,- 484 special assessment water im¬ provement 1953. Due 1973 to Oct. est bonds. Dated March on inclusive. 1 Oct. from Callable 1, 1954 as of 1, 1956. Principal and inter¬ (M-S) payable at a bank or trust company successful proved designated bidder. by the Legality Comins (PI Bond School District O. Fairview), Mich. Offering — Roy Troyer, Secretary of the Board of Educa¬ tion, will receive sealed bids until 8 p.m. (EST) on Dec. 14 for the purchase of $40,000 building bonds. April Dated Dec. 1, 1953. Due on 1 from 1954 to 1964 inclu¬ group: of St. Co., of Paul, Bache & Elliott Wells, and York, Stearns, offered Mercantile Trust Com¬ Counties No. 2V4s, at Fenner & Beane, of Chi¬ Stranahan, Harris & Co., of Toledo, Kenower, MacArthur & Co., of Detroit, Hayden, Miller & Co., of Cleveland, McDonaldMoore & Co., S. R. Livingstone, Crouse & Co., both of Detroit, Ju- Sch. Indep. District bids sealed Dec. on until Co., Aberdeen, Kansas of receive 7 (CST) p.m. the of purchase 1, 1953. Due Dec. Dated Dec. 1 from 1954 Principal and on interest (J-D) payable at the Dated Mercantile Trust Co., St. Louis. Jan. 1, 1954. Due on Nov. 1 from Legality approved by Stinson, lien Collins & Co., of Chicago, 1955 to 1965 inclusive. Principal Walter J. Mag, Thomson, McEvers & Fizzell, Wade, Inc., of Grand and interest payable at a bank or of Kansas City. Rapids, Berrien Securities, Inc., of trust company designated by the Benton Harbor, and the Channer St. Charles School District, Mo. purchaser. Legality approved by Securities Co., of Chicago/ Bond Offering — Leslie Hoff¬ Dorsey, Colman, Barker, Scott & man, Secretary of the Board of Barber, of Minneapolis. Niles Township Fractional School Education, will receive sealed Waseca and Blue Earth Counties District No. 2 (P. O. bids until 8 p.m. (CST) on Dec. Joint Indep. Consol. Sch. Dist. Niles), Mich. 10 for the purchase of $850,000 No. 32 (P. O. Waldorf), Minn. Bond Offering—John F. Bundy, building bonds. Dated Feb. 1, Bond Sale—The $20,000 build¬ Secretary of the Board of Educa¬ 1954. Due on Feb. 1 from 1955 ing and improvement bonds of¬ tion, will receive sealed bids until to 1974 inclusive. Principal and 1825— 7 p.m. (EST) on Dec. 15 for the fered Nov. 24—v. 178, p. interest payable at a bank to be awarded to the Waldorf purchase of $200,000 building were designated by the Board of Edu¬ bonds. Dated Jan. 1, 1954. Due on State Bank of Waldorf, as 2.70s, cation. Legality approved by May 1 from 1955 to 1971 inclusive. at 100.12, a basis of about 2.68%. Charles & Trauernicht, of St. Bonds maturing in 1958 and there¬ are callable as of May 1, 1957Principal and interest (M-N) pay¬ after able at bank a or trust Paddock & No. 5 Township School District Offering in by callable as bids until 8 p.m. Nov. 15, from 1953. Due Dated in 1961 callable of as thereafter and Nov. 15, 1957. Principal and interest (M-N) able the at Detroit pay¬ Trust Co., Detroit. Legality approved by Mil¬ Canfield, ler, Paddock & Stone, Detroit. of payable at until for Middle Rouge Parkway Interceptor Drainctge District Bond (P. O. Detroit), Mich. Offering Christopher J. Mulle, County Drain Commission¬ — receive sealed bids until 2 p.m. (EST) on Dec. 14 for the purchase of $3,565,000 drain bonds. er, Dec. 1, 1953. Due on June 1 from 1955 to 1969 inclusive. Call¬ of June able as and interest bank or 1, 1954. (J-D) Principal payable trust company to at bonds. Due 1983 be des¬ ignated by the purchaser. Legality approved by Miller, Canfield, .1, 1957. Interest A-O. Paddock & Stone, of Detroit. Legality received in on 1973 as approved of $75,000 matur¬ thereafter and of Dec. 1972. 1, $20,000 are Prin¬ for fire the truck NEW Cornish Minn. Sale sidewalk' certificates offered Nov. 27 the Bank First of National jointly, The as of Willmar, 2%s, at certificates of $3,500 indebted¬ were Bank 1, 1953 and mature to The — awarded and the Willmar, par. are on 1957 inclusive. Offering—A Bond dated Dec. Dec. 1 from * School District, offered bonds 2142 — Hutton at were H. N. $100,000 school Dec. 1—v. awarded to H. thur r Treasurer,, will Township until sealed ,bids 8 Jan. on 1955 from 1 elusive. p.m. payable (J-J) Park interest the Asbury at Grove Ocean and in^ 1964 to and Principal Bank* Park. Sale—The Bond N.J. $18,000 assess¬ offered bonds ment (P. O. Township Millington), 25—v. Nov. 178, p. 1926—were awarded to the First National Iron Bank of Morristown, as 2 y4si' at 100.05, a basis of about 2.24%. District, N. $155,000 build¬ School Ringwood Sale—The Bond 1—v. 178, Dec. ing bonds offered 2034—were awarded to Boland, p. Co., New York City, as & Saffin 178, of about 3.19%. ./ N. J. Riverdale, Offering Bond E. '! ;■ ., Doris Brown, — Borough Clerk, will receive sealed bids until 7:30 p.m. (EST) on Dec. the for 8 $41,000 of purchase bonds, divided as follows:, bonds; v '" " 19,000 water system bonds. bonds 1954 to on 1 1, from Principal (J-D) payable at the Blooming- First National Bank of Legality approved by Haw¬ dale. Wood, of New kins, Delafield & York City. Saddle River Rochelle f Park), N. J. — Joseph until bids O. ~ Gar¬ will Clerk, Township > (P. Township Offering sealed 8:30 re¬ p.m. Dec. 14 for the pur-_ $103,000 bonds, divided on of chase as » - Dec. Dec. inclusive. 1962 and interest dated are mature and & Co., of Boston, as 2.40s, 100.84, a basis of about 2.30%. follows: improvement j general $91,000 Jan. 1 Due 1964 inclusive. on 12,000 water bonds. from 1 1955 to from , Due on Jan.! inclu-j 1964 sive. bonds The 1954. are dated Jain. Principal and interest (J-J): payable at the Park! Rochelle Bank, Rochelle Park. Legality NEW JERSEY Atlantic Bond Highlands, N. J. (EST) of on $42,000 bonds. bids until 8 p.m. Dec. 8 for the purchase general improvement Dated Dec. 1, 1953. Due on from to 1969 inclu¬ Dec. 1 sive. Principal and interest (J-D) 1954 payable at the Atlantic Highlands National Bank, Atlantic High¬ lands. well, Legality approved by Cald¬ Marshall, Trimble & Mit¬ chell, of New York City. ap-l proved by Reed, Hoyt, Taylor &c] Washburn, of New York City. Offering—Stanley F. Scul- sealed > , improvement general $22,000 p. W. basis 3.20s, at a price of 100.06, a 1955 to HAMPSHIRE Bond Sale—The ceive Willmar, O. bonds. thorp, Borough Treasurer, will re¬ Certificate Bank, Township (P. Neptune), N. J. (EST) bids will 5 Dec. 1 awarded Neptune diner, bonds. Dec. 1 from 1954 Bonds of Jan. Park * > '. general of price basis of about 2.43%. \ of 100.10, a ceive Dec. on Dated Dec. inclusive. Rochelle the Trauernicht, of St. until offered 2142—were p; Bond purchase olis. 1954 F-A. Bond Offering—Sealed by Faegre & Benson, of Minneap¬ ness Feb. on inclusive. Libby, Mont. cipal and interest payable at a banking institution designated by the purchaser. Legality approved to Due 1973 MONTANA be (CST) purchase a Bonds maturing in 1962 and thereafter are callable as of April p.m. the 1, 1953. will Dated 2 works water to 1953. to Charles & Village Clerk, will receive sealed 16 & 2s1 and 2y4s. as 1955 a Wat kins, Minn. ing County, are Offering—Frank J. Drey, Bond callable Wayne 1956 from 1 Benson, of Minneapolis..^ bids 1, was Principal and in¬ 1, 1973. 15 Nov. on Jan. banking insti¬ tution designated by the purchaser. Legality approved by Faegre & 1955 to 1964 inclusive. Bonds maturing are purchase of $500,bonds. Trust * Rochelle Park, as 2.45s, at a Louis. sealed building Oct. from inclusive. Bonds maturing on 1974 and thereafter terest 10 for the Dated Interest Board on Dated Jan. 1, to Due of Jan. school Harris the to $110,000 sold Savings bonds 1 building bonds. Secretary of the of Education, will receive 000 department Bank, of Chicago, Cryderman, (EST) fire Clerk, will receive (CST) on Dec. 14 for the purchase of $650,- sealed bids until 4 p.m. 1983 Clarence — Rote- District gard, 178, 1953 Groves, Mo. Bond Sale—An issue of Offering—Bernard bonds, refunding The Webster Richland), Minn. Bond 1954. (P. O. Van Dyke), Mich. Bond Louis. Independent Consol. Sch. 143 (P. O. New No. 000 of Stone, Detroit. Warren Dist. company designated by the successful bid¬ der. Legality approved by Miller, Canfield, Waseca, Steele and Freeborn Coun¬ ties Joint Maywood, N. J. is¬ an inclusive. 1973 to of New Sale—The $64,000 Co.. general ob¬ bonds. sewer Wood, , Passaic City, purchased Little Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. bonds. building $685,000 Delafield;& Asbury & Bros. $450,000 2%% ligation National Bank, City. Mo. Sale—Stern Bond of sue Clerk, will for 10 p. Mon¬ price of 100.33. a Rolla, Dist. Minnesota kopf, the to MISSOURI Offering—Harold Schoell- Bond Trust 178, & (P. O. St. Cloud), 28 27—v. awarded & Bank roe as school $15,000 Nov. Principal (EST) on Dec. 15 for the purchase of $262,000 general improvement bonds. Dated Jan. 1, 1954. Due Mississippi Sale—The Bond Sherburne and Benton Consol. Becker O. Aberdeen), (P. Dec. 1 from on (J-D) payable at the Falls Pharo, County, Dist. Minne¬ of Bank, Sch. p.m., Dated bonds. inclusive. 1974 receive the of 8 11 1973 inclusive. to until sewer kins, Dec. 7 for the pur¬ on bids York Due serially from 1954 Co., of Minneapolis. group: sive. (CST) B. re¬ — 1953. Due chase of $100,000 industrial build¬ ing bonds. Egan, Inc., Harold E. Wood & Co., cago, by Miller, Township a.m. until bids sealed receive 2034—were Pierce, ap¬ Canfield, Pad¬ dock & Stone, of Detroit. will bonds of St. Louis, Merrill Lynch, pany, Dec. Clinton the Supervisors, Clerk of the Board of Robert Clerk,, will' Falls. Legality, approved by Haw¬ to Nelson, H. O. Dec. 10 for the purchase interest —v. cello), Miss. Offering —W. Bond Co., both of Chicago, Mannheimer- Paine, Webber, Jackson & Curtis, of Chicago, of National First (P. O. Monti- 1982 inclusive. members Other New interest members County Supervisors Dists. 1, 2 and 3 Monroe both 1, 1954. to 1974 Other 1 from 1972 inclusive. 1973 to 1972. 265,000 2s. Due April 1, of price a 365,000 2.90s. Due on Jan. 1 from 1 and from Principal at on April 1971 inclusive. Due 1964 to from Nos. apolis, Merrill Lynch, Pierce, Fen¬ ner & Beane, John Nuveen & 1955 Dated Jan. bonds. on 2M>s. 1,885,000 at to Bond Lawrence interest cost of about follows: 1956 to 1, 1963. 205,000 2%s. Due April as Paul, $430,000 2%s. Due on Jan. inclusive. 1962 to net a par, St. of 2.84%, $1,245,000 3s. Due on April 1 from 1955 178, 2034—were awarded to a group headed by the First National Securities building bonds offered Dec. 1—v. Corp., Smith, Barney & Co., 178, p. 2033—were awarded to a Hemphill, Noyes & Co., all of.New syndicate headed by Harriman York City, Dean Witter & Co., Ripley & Co., and Blyth & Co., San Francisco, and Bache & Co., both of New York City, jointly, at New York City, as 2%s, at a price a price of par, a net interest cost of 100.27, a basis of about 2.71%. of about 2.53%, as follows: V-.'}'■ Union of composed build¬ Sale—The $795,000 ing bonds offered Nov. 24—v. Bank 1, Little par. Offering $100,000 and at Township 1954 clusive. p. Mich. Bond Jacobs, serially from 1955 to 1964 in¬ Due Plains), Minn. 1953 (CST) on Dec. 8 for the pur¬ of $60,000 hospital bonds. chase Belle O. (P. 113 No. Dist Bond Public School District, Niles Sch. 2Vz% interest, April 1, 1954. group Supervisors, until 10 bids sealed receive p. Peo¬ Township (P. Little Falls), N. J. Dec. O. (P. a.m. Counties 3s, as of County 178, the to Falls on Clerk of the Board of LeSueur, Sibley and Carver Joint Indep. Consol. Scott, Little sealed will premium of $7. a basis of about a Feb. 1 from 1955 to on inclusive. 1964 awarded Bank of Detroit, at 100.33, at monton, (EST) Davis 2—v. ples Bank & Trust Co., of Ham¬ ceive Prentiss), Miss. Bond Offering — Clifford Bass, improvement Dec. awarded 2142—were Georgia, of Atlanta, as price of 100.32, a basis Jefferson tax $60,000 notes offered Dec. 1 to the National anticipation were Rock of Bank 2.64%. Due (P. O. Garden City), Mich. Rapids Rapids, as a about of offered 2.44%. of pany of¬ 2V2s, at 2033— p. Com¬ Trust the and Jackson, awarded to the Rock State Township School District Note Co., Co.. Leland Speed & Co., and Deposit Guaranty Bank & Trust Co., all Commercial of bonds 178, 23—v. Nov. 2.70s, Nankin $1,625,000 build¬ awarded & Paddock Canfield, Stone, of Detroit. and mature on ing bonds offered Dec. 1—178, p. 2141—were fered Na¬ First of $183,000 water street and bonds Hamp Jones Bank & Trust Bank, tional $50,000 general refunding obligation suc¬ awarded to a were composed group Minn. Ellsworth, Sale—The Bond Legality approved bidder. Miller, by the by designated company The notes are dated Dec. 3, Massachusetts Bond Sale—The are 3 Dec. fered 1964 inclusive. 1, 1958. Principal and interest (M-S) payable at a bank or trust plus Tantasqua 1960 and callable as of Sept. Bonds maturing in sive. will Clerk, bonds of¬ cial street improvement receive sealed p.m. (EST) on Dec. 8 for bids until 7:30 p.m. (CST) on Dec. the purchase of $900,000 building 7 for the purchase of $25,000 im¬ bonds. Dated Dec. 1, 1953. Due on provement bonds. Dated Jan. 1, Sept. 1 from 1955 to 1969 inclu¬ 1954. Due on Jan. 1 from 1955 to City Sale—The works Sate—The $1,615,000 spe¬ Bond Learned, E. Offering—L. Bond Hammonton, N. J. Bond Jackson, Miss. Lakes, Minn. Detroit 8 until to a group & Co., A. Margaret — Depree, Secretary of the Board of Education, will receive sealed bids cessful * Monday, December 7, 1953 ... MISSISSIPPI MINNESOTA Holland School District, Mich. Gloucester, Mass. ( Chronicle Commercial and Financial (2248) 56 Secaucus, N. Bond Town Clerk, '' J. Offering—Alex. ' SchieselJ will receive sealed (EST) on Dec/8 bids until 8 p.m. for the divided purchase of $36,000 as bonds,] follows: $16,000 fire apparatus bonds. Duel on Dec. 1 from 1954 to 1961] inclusive. Y ;• I: \ 20,000 school bonds. Due on Dec; 1 from 1954 to 1963 inclusive.! The bonds are dated Dec. 11 Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2249) 1953. Principal and interest (J-D) payable at the Peoples National Secaucus. Legality ap¬ Bank, proved by Reed, Hoyt, Taylor Washburn, of New York City. O. 1, 1954. Due 1955 to inclusive. 1974 interest and Bank Township Sch. Dist. Tabernacle), N. J. York tion, will receive sealed bids un¬ til 8 p.m. (EST) on Dec. 16 for the purchase of $13,000 building & Galloway, Sykes, New of of $38,000 the at ity Miller, District (EST) chase of Dated 1 Dec. on will Clerk, until bids sealed approved 11 the for pur¬ Nov. from 1953. 1, 1954 to Due bonds. May on inclusive. 1971 pay¬ Commercial Vandewater, Galloway, of & City. Castle, and p.m. $200,000 building Canal Covington, Leicester District Warsaw Central No. 1 Winchester on Albany. Legal¬ by Heckler Perry, re¬ 2 National & Trust Co., Bank New York ceive improvement 1, 1953. Due Principal and interest (M-N) able Sykes, City School District, N. Y. Bond Offering — Herman A. street bonds. Dated Nov. Bond School Offering Bond Jeanette — Education, will receive sealed bids until Miller & (EST) on Dec. 14 for purchase of $75,000 building the bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1955 to 1977 inclu¬ sive. Interest J-D. Chillicothe, O. Ohio Y. Sale —The street 1927—were noon $1,575,000 Ohio Sale—The $15,500 special assessment bonds Bond Offering—David K. Webb, City Auditor, will receive sealed bids until noon (EST) on Dec. 16 building bonds offered Dec. 3— for the purchase of $51,832.24 v. 178, p. 2142—were awarded to sewer improvement bonds. Dated a group composed of Halsey, Dec. 15, 1953. Due on Dec. 15 Stuart & Co., George B. Gibbons Perry), N. Bond Hubbard, Ohio Schneider, Clerk of the Board of School (P. Local District, Nov. 1 from 1954 to 1963 inclusive. Hornell bonds. payable at the Burlington County National Bank, Medford. Legality Trust Legality City. on Dated Aug. 1, 1953. Due Aug. 1 from 1954 to 1966 inclu¬ sive. Principal and interest (F-A) Centre Centre. Vandewater, by Heckler Principal (J-J) payable at the Rockville Bond Offering—Arthur Gerber, Secretary of the Board of Educa¬ Jan. 1 from on Rockville of Co., approved Tabernacle (P. & Jan. 5 offered improvemen Nov. 28—v. awarded to 178, p Hayden. Co., of Cleveland. Morrow, Ohio Bond Offering—Grace Williams, Village Clerk, will receive sealed bids until noon (EST) on Dec. U for the purchase of $30,500 water works improvement bonds. Dateci Dec. 1, 1953. Due on Dec. 1 fron. 1955 to and 1979 interest inclusive. Principa (J-D) payable at the Lincoln National Bank, Cincin¬ Principal and interest (M-N) nati. Legality approved by Peck Hawkins, Delafield payable at the Steuben Trust Co., Shaffer & Williams, of Cincinnati. from 1955 to 1964 inclusive. Prin¬ <& Wood, of New York City. Hornell. Legality approved by & Co., First of Michigan Corp., cipal and interest (J-D) payable Parma Vandewater, Sykes, Heckler & City School District (P. C Adams, McEntee & Co., Chas. E. at the ;4 Trenton, N.J. City Treasurer's office. Le¬ Galloway, of New York City. Brooklyn Station, Cleveland 25), Weigold & Co., all of New York Bond Sale—The $1,560,000 vari¬ gality approved by Peck, Shaffer Ohio City, and Sage, Rutty & Co., of & ous Huntington Union Free Sch. Dist. Williams, of Cincinnati. purposes bonds offered Dec. Bond Sale The $1,500,00 Rochester, as 2.70s, at 100.53, a No. 3 (P O. Huntington), N. Y. 3—V;., 178, p. 2034—were awarded building bonds offered Dec. 2 basis of about 2.65%. Bond Offering — Sherburne P. Cleveland, Ohio to a group composed of the Union v. 178, p. 2035—were awarded t Bond Sale The $2,050,000 District Securities Corp., New York City, Sweetland, Clerk, will Tonawanda a (P. O. Kenmore 17), bridge group composed of Harrima building bonds offered sealed bids until 11:30 National State Bank of Newark, receive New York Ripley & Co., Inc., New Yor Dec. 1 v. 178, p. 1927 — were Hornblower & Weeks, Andrews & a.m. (EST) on Dec. 10 for the Bond Sale The $4,494,000 awarded to a group composed of City, Central Republic Co., Chi of $1,730,000 building Wells, Inc., both of New York purchase water, drainage and paving bonds J. P. cago, Baxter, Williams & Co Morgan & Co., Inc., Union City, Ryan, Hanauer & Co., bonds. Dated Dec. 1, 1953. Due on offered Nov. 30—v. 178, p. 2143— Securities Corp., both of New Cleveland, Singer, Deane & Scrib Newark, and C. C. Collings & Co., June 1 from 1955 to 1983 inclusive. were awarded to a ner, of Pittsburgh, Sweney, Cart group headed York City, A. G. Becker & Co., Philadelphia, taking $1,558,000 Principal and interest (J-D) pay¬ by the Marine Trust Co. of West¬ Co., Columbus, J. 1 Chicago, Hornblower & Weeks, right & bonds, as 2.20s, at 100.17, a basis able at the United States Trust ern New York, Buffalo, as 2.60s, Jones & Co., New York City, Pohl & Co., Cin¬ Curtiss, House & Ci of about 2.17%. Co., New York City. Legality ap¬ at a and Ginther, Johnston & price of 100.57, a basis of Co., h cinnati, McCormick & Co., Chi¬ proved by Hawkins, Delafield & about of 2.54%. Cleveland, as 3V4S, at a pric Wallington, N. J. cago, Moore, Leonard & Lynch, Wood, of New York City. Other members of the group: of 101.37, a basis of about ; Bond Sale—The $42,500 gen¬ 3.06%. Pittsburgh, and Butcher & SherUnion Securities Corp., C. J. Deeral improvement and local im¬ rerd, of Philadelphia, as 2V4S, at Moreau, Fenimore Water District Perry Local School District (P. C vine & Co., Bacon, Stevenson & a provement assessment bonds of¬ price of 101.03, a basis of about (P. O. South Glens Falls), N. Y. 1551 College Hill Drive, Upper fered Nov. 30—v.' 178,-p. 2034— Co., Bache & Co., Ira Haupt & Co., 2.13%. Bond Offering Richard C. Arlington, Columbus 21), Ohio R. D. White & Co., First of Mich¬ were awarded to Boland, Saffin Haxstun, Town Supervisor, will Bond Offering—Betty E. Her. igan Corporation, W. H. Morton & Co., New York City, as 2V2S, at receive sealed bids until 2 Cuyahoga Falls, Ohio p.m. Bond & Co., Shearson, Hammill & Co., Offering — R. G. a price of 100.10, a basis of about Scott, nessey, Clerk of the Board of Edu (EST) on Dec. 10 for the purchase cation, will receive sealed bit 2.46%. of $65,000 water bonds. Dated Nov. Rand & Co., all of New York, and City Auditor, will receive sealed until noon (EST) on Dec. 14 f Kenower, MacArthur & Co., of bids until noon (EST) on Dec. 14 approved by ' — — — — - . — Alden, 1, YORK NEW Marilla, Lancaster, New- stead, Darien and Bennington -Central Dist. No. 1 (P. O. Alden), N.- Y. ; . Sch. Bond Offering Mrs. — 1953. Due to Agnes 1983 interest Dec. 000 11 the for School bonds. •1-953'. Due 1958 inclusive. terest Nov. on Nov. Dated 1 from 1, 1954 to Principal and in¬ payable at the (M-N) Marine Trust Co. of Western New York, Buffalo. Legality approved by Hawkins, Delafield & Wood, of New York ' ■ Buffalo J ,> City. New for .;<EST) of until bids sealed 11 Scheduled offering of ap¬ proximately $61,000,000 housing bonds, to mature serially from 1956 to 2004, is expected to be made by the managed Bank State early next Two syndicates, one by the Chase National January. the and other National by and Lehman likely to be for bidders the Bros., Niagara Falls, N. Sale $1,050,000 sewer street, water and improve¬ Marine Trust Co. of Western New Erie ••••'•■ Water Authority County (P. O. Buffalo), N. Y. Offering — John Horner, Bond Chairman, will receive sealed bids at his office, Ellicott Square Bldg., Room 386, Buffalo 3, until 11 a.m. <EST) on Dec. 10 for the purchase of $17,800,000 water revenue bonds, series A. Dated Dec. 1, 1953. Due on Dec. 1 from 1954 to 1993 inclu¬ sive. Bonds maturing in thereafter 1, are callable Principal 1958. 1959 and of Dec. as interest and < J-D) payable at the Marine Trust Co. of Western New York, Buffalo, and Midland Marine the Trust Co., New York City. Legality ap¬ proved by Hawkins, Delafield & p. 2035 York, of Buffalo, price of 100.03, a •; Glen Cove, N. Y. Offering i : Bond receive bids sealed until • \ "" inclusive. (M-S) Principal interest and payable at the Glen Cove "Trust Co., Glen Cove. Legality ap¬ proved by Hawkins, Delafield & Wood, of New York City. No. 21 (P. O. Rockville Centre), N. Y. Bond Offering—Alberta District ceive sealed (EST) of of about — Roy sealed bids at Harold the 1 on bids Clerk, until will 3:30 from re¬ office of 1953. 1, 1954 to Due on Nov. inclusive. 1971 Principal and interest (M-N) payable at the Schenectady Trust Co., Schenectady. Legality ap¬ Vandewater, Sykes, Galloway, of New by & No. re¬ Dec. 10 for the purchase $2,659,000 school bonds. Dated 1 Bond Free School Dist. O. Pelham), N. Y. Offering — C. C. Ryan, (P. President of the Board of Educa¬ tion, will receive sealed bids until noon (EST) on Dec. 9 for the pur¬ chase of Dated from $350,000 Oct. 1, 1954 to cipal and the building bonds. 1953. Due on Oct. 1 1963 interest the Clerk Bellevue, Jan. First (A-O) National from I able until 1954 $1,280,000 Squire, H. Arn- inclusive. pay¬ National Legality Sanders Bank approved & Dempsey, Offering works water bonds. assessment 1, 1953. Dec. 1 from 1955 to 1974 inclusive. Prin¬ cipal and the Due payable (J-D) interest National Lincoln Cincinnati. Bank of Legality approved by Peck, Shaffer & Williams, of Cin¬ cinnati. Sch. Local Ohio Dist., Offering—Evelyn L. HockClerk of the Board of Edu¬ on untii 8 p.m.r(EST) the District Dec. 17 1 on purchase of $138,000 buildii bonds. Dated Nov. on 1 Dec. from bonds awarded were & offered 15, 1955 1953. to Di i. 1974 2s, as at basis of about 1.80%. a Ravenna, Ohio Bond Dec. Ryan, Suther¬ of Toledo, Co., 101.12, to Offering mortgage Euclid, Ohio Dated Dec. 1, 1955 from Due 1953. on Dec. 1 In¬ inclusive. 1959 to Legality approved by terest J-D. Peck, Shaffer & Williams, of Cin¬ W. Jonc Due water works systc bonds. Dated Dec. 1, 19,. 1 from 1954 to ltk revenue motor vehicle purchase bonds. 000 P. — City Auditor, will receive seal' bids until 3 p.m. (EST) on Dec. for the purchase of $125,000 fi Dec. on inclusive. Callable of as Dec. 1959. Principal and interest (J-J payable at the office of the Mor Trustee, to be named by tt City with approval of the succes gage ful bidder. Legality approved I Sanders & Dempsey, c Squire, Cleveland. Ohio Fairborn, Stritch, Bond Offering—John M. Clerk, City bids until for the and purchase of $165,000 water sewer Nov. 1, from will receive sealed (EST) on Dec. 16 noon assessment bonds. Dated 1953. 1955 to Due 1964 inclusive. cipal and interest First the at 1 Nov. on Prin¬ (M-N) payable National Bank of Fairborn. Fairfield Local Sch. Dist., Bond (P. O. — W. A. will receive sealed bids until noon (EST) Clerk of the cation, until will Board of Edu sealed receive biu (EST) on Dec. 17 U the purchase of $965,000 buildii. noon c bonds. Dated Jan. 1, 1954. Due c 1955 to 1975 inclusiv Dec. 1 from Principal and interest (J-D) pa; able at the National City Bank Cleveland. Legality approved I Squire, Sanders & Dempsey, v Cleveland. Ohio Schul, Clerk of the Board of Education, Offering Rocky River City Sch. Dist., Ohi_ Bond Offering—Mildred Josse lyn, Dec. 11 for the purchase Ross Township Local School Dis . (P. O. Route 4, Hamilton), Ohi Bond Offering—Glenn E. Cis. Clerk the of Dec. Dec. 1 from 1955 to 1974 inclusive. Principal and interest (J-D) pay¬ Dec. 1, 1953. 1955 to Board of Education of 1, 1953. 1955 from Due 1964 to on Nov. 1 inclusive. In¬ on Dated June 1 and $700,000 building bonds. 1, 1953. Due on Legality approved by able at the First National Bank & Squire, Sanders & Dempsey, of Trust Co., Hamilton. Legality ap¬ Cleveland. proved by Peck, Shaffer & Wil¬ terest M-N. Local School Bond Nelson, bids II until for 8 the of (EST) purchase of p.m. on 'Dated Oct. 1 G. Board receive bond&U Due the will inclusive. terest District, Ohio Offering—Dorothy Clerk Education, building Dec. 15 for the purchase noon purchase of $70,000 building bonds. 1977 (EST) Education, Dated Dec. of p.m. School Randolph), Ohio Offering — Constan. Meacham, Clerk of the Board ■ Education, will receive sealed bi of 1953. 2 Local O. cation, will receive sealed bids un¬ til noon (EST) on Dec. 18 for the M. until improvement Hamilton), Bremen (P. Ohio Delaware, Ohio• H. Chitty, on at Randolph Bond Sale—The $89,466.31 street C. — Village Clerk, will receive sealed bids?'Until noon (EST) on Dec. 11 for the purchase of $21,787.50 Dated Dec. Interest J-D. cinnati. Bowersville, Bond re¬ bids Ohio Slusser, Dec. 15 for the purchase on receive will Cleveland. Millett, Village Treasurer, will sealed E. of Board purchase of $609,000 buildin bonds. Dated Dec. 1, 1953. Due t Dec. 1 from 1955 to 1978 inclusiv. elusive. Interest M-N. 2 1964 to Bellevue. of Ravenna, N. Y. Offering — Florence ceive the R. — the Bond noon First the at Burton Bank & (EST) on Bond Offering — W. A. Abbott, Dec. 10 for the purchase of $18,- Director of Finance, will receive 110 street improvement' bonds. sealed bids until noon (EST) on Dated Dec. 1, 1953. Due on Dec. Dec. 10 for the purchase of $110,- payable Legality approved by Sullivan, Donovan, Heenehan & Han rah an, of New York City.' Sanders of $380,000 building bonds. 12 Ohio Auditor, bids Legality School District, Offering of the of until inclusive. Prin¬ Mount Vernon. Bond by Offering—Algie City Squire, by Dalton Local Bond Bond Union approved land man, Pelham basis of a purchase of building bonds. sealed June on will receive sealed bids until Education of Due J-D. Cross, of New York the school City. A. p.m. received be Board 1, 1954. Interest Dempsey, of Cleveland. (EST) N. Peters, 514 State Street, Schenectady, until 11 a.m. (EST) on Dec. 16 for the purchase of $53,000 highway garage bonds. Nov. 2 Ashland City School District, Ohio Bond Offering—Sealed bids will of W. Dated Dec. OHIO York Rowe, Town Supervisor, will ceive at Hempstead Union Free Sch. Dist. Mantz, New Offering im¬ awarded Principal and interest (J-D) a j Bond 11 March 1 from 1955 to 1972 on basis at Harvey L. — a.m. (EST) on Dec. 8 for the pur¬ chase of $488,500 general improve¬ ment bonds. Dated Sept. 1, 1953. Due 1.60s, Niskayuna (P. O. Niskayuna), York Doxey, Commissioner of Finance, will the to Jan. clusive. Clerk for $159,000 city's bonds. improvement 1 and Dec. 1 from 1955 to 1964 in¬ offered 2.70s, at 100.16, about 2.66%. : by Heckler • as 178, 1.59%,. proved Wood, of New York City. awarded were — Dated $45,000 as holt, Y. The — 1954. '■ City, O. 2143—were p. forthcoming ment bonds offered Dec. 2—v. issue 178, The — bonds provement (P. Seneca), N. Y. Sale among No. X notes. Dated Jan. 14, 1954. Due July 14, $10,850,000 West Bond Bond Bond Seneca West issue. a.m. Dec. 15 for the purchase on Sale the Sip- portion to Roosevelt & (State of) Bond January—An prell, Executive Director, will re¬ ceive York Housing for the purchase of Detroit. —v. Bank jointly, are Municipal Housing D. and City. City Authority, N. Y. Offering—Robert Note 1954 (M-N) New York on purchase of $35,- 1 from Principal payable at the First National Bank, Glens Falls. Legality approved by Vandewater, Sykes, Heckler & Galloway, of Trippe, District Clek, will receive sealed bids until 3 p.m.,(EST) Nov. on inclusive. from of sealed on Dec. $403,500 "Dec. 1955 1, to Principal and in¬ (A-O) payable at the First National Bank of Burton. liams, of will receive sealed bids until nou (EST) on Dec. 10 for the purcha.; $190,000 building bonds. Dak 1974 Hamilton, Cincinnati. Due on Dec. 1 frov.: Princip inclusive. (J-D) payable at 11 First National Bank & Trust C • and interest Legality approved Ij Peck, Shaffer & Williams, of Cin¬ Howland District Bond Township Local School (P. O. Offering Claire Clerk of the Board of Edu¬ cation, will receive sealed bids until noon (EST) on Dec. 18 for purchase of $575,000 building Dated Jan. 1, 1954. Due on Nov. 1 from 1955 to 1978 in¬ clusive. Interest M-N. bonds. School Scio Huma- son, the cinnati. Warren), Ohio — Bond will be District, Offering received — Ohio Sealed be- b,y the Clerk ' • the Board of Education until D<_'30 school Due the for bonds. purchase of $85,0 Dated Jan. 1, 19" * serially from 1955 to 1971 in¬ clusive. The Commercial and Financial 58 Chronicle of $400,000 general obligation (PST) on Dec. of $400,000 bonds. Dated Dec. 1, 1953. Due on June 1 from 1955 to 1974 inclu¬ school bonds. Dated Jan. 1, 1954. Bond Offering—Stanley Slonesive. Bonds maturing in 1965 and Due on Jan. 1 from 1955 to 1974 ker, Clerk of the Board of Educa¬ thereafter are callable as of June inclusive. Bonds maturing in 1964 tion, will receive sealed bids until 1, 1964. Legality approved by and thereafter are callable as of noon (EST) on Dec. 11 for the Burgwin, Ruffin, Perry & Pohi, of Jan. 1, 1964. purchase of $132,000 building; Pittsburgh. bonds. Dated Dec. 1, 1953. Due on Oregon (State of) Dec. 1 from 1955 to 1977 inclusive. RHODE ISLAND Bond Sale—The $5,000,000 Vet¬ Principal and interest (J-D) pay¬ School Village Local Ohio Mile Seven able National Farmers the at Mile. Legality ap¬ Bank of Seven Shaffer & Wil¬ Cincinnati. by Peck, proved liams, of until bids 8 p.m. the-purchase for 21 District, Welfare bonds offered Dec. erans' 1927—were awarded composed of Kuhn, Co., Chemical Bank & 1—v. 178, to group a & Loeb City, Co., both of New York Trust Cranston, R. I. p. S Bond school 1 a e offered bonds 2—v. Dec. 2144—were awarded to a group composed of the First Bos¬ ton Corp., New York City, G. H. Walker & Co., Providence, Town178, 2.24%. 98.54, p. School District, Ohio Shawnee City Ore. Roseburg, Offering Bond 14 for the until Dec. received Sale—The Bond Offering—Sealed bids will Bond be Jamestown, R. I. basis of about 2.36%. a construction Hen¬ Mildred — 178, —v. Due inclusive. Principal payable (J-D) 1955 to from 1 offeied Dec. 2144—were 2 awarded 1, Dec. Dated June on Chemical the at 1953. 1974 interest and Co., New York City. Bank & Trust The that and Jones, Village Clerk, will receive sealed bids until 8 p.m. (EST) on Cutler, of Chicago. ^ nual of $30,000 issue 3%% water works and sewer sys¬ tem bonds revenue Murray at par. sold was also proposal approved PHA, cipal and interest (J-D) payable at the Provident Savings Bank & Cincinnati. Legality ap¬ Trust Co., & Wil¬ proved by Peck, Shaffer liams, of Cincinnati. Bond Offering—James " T. Smith, Board Jr., Clerk-Treasurer of the of Education, will receive sealed (EST) on Dec. 15 bids until noon purchase of $700,000 build¬ for the Dated Dec. 1, 1953. Due on Dec. 1 from 1955 to 1974 inclu¬ sive. Principal and interest (J-D) ing bonds. Offering Ambler, Secretary of the Board of Township Commissioners, will re¬ ceive sealed bids until 7:30 p.m. purchase (EST) on Dec. 10 for the $1,000,000 improvement bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1955 to 1978 inclusive. Prin¬ cipal and interest payable at the Abington Bank & Trust Co., Legality approved by Elliott & Munson, of Abington. Townsend, Philadelphia. Village Exempted School District, Ohio Offering Bond of the receive 15 for the purchase 000 improvement of $275,- Dated bonds. 1956 Due on Jan. 15 from 1974 inclusive. Principal to of Ed¬ and interest payable at the Phila¬ sealed bids delphia National Bank, Philadel¬ Carter, Clerk of the Board will receive until noon (EST) on Dec. 15 for| phia. Legality approved by Townthe purchase of $680,000 building send, Elliott & Munson, of Phila¬ bonds. Dated Dec. 1, 1953. Due delphia. semi-annually on June 1 and Dec. Blair County Institution District 1 from 1955 to 1969 inclusive. In¬ (P. O. Hollidaysburg), Pa. terest J-D. ucation, Bond Offering—L. M. Thurston, sealed bids until 2 p.m. (CST) on Dec. for the extension bonds. ment 1955 16 purchase of $450,000 water system serially until 10 (EST) on Dec. 16 for purchase of $100,000 general obligation improvement bonds. the Consol. Olton Sch. Indep. Dist., Texas of $250,000 Sale Bond Lub¬ of Schrickram, Louis and issue an Sale of auditorium $175,000 scheduled originally bonds, Dec. of for 1, was postponed to Dec. 17. Indep. County District No. 74 School 810,000 building Nov. 30—v. jected. A 178, for will re¬ be awarded to land, ^ a as offered $95,000 Nov. 24 were Blyth & Co., of Port¬ 3s, at a (P. Bond O. price of 100.20, District Clerk, — of the intention of 29 of Spartanburg. Le¬ local housing authorities to open sealed Carolina, Simons, of Charleston. TENNESSEE bids County (P. town), O. James¬ Bond Offering Walter — Chairman, E. H. Silke, will receive sealed of on of maturities receive (GST) on Dec. 15 for the purchase of $190,water bonds. Dated Dec. 1, 1953. Due Dec. on inclusive. from 1 1956 Principal interest (J-D) payable at the First Ameri¬ can National Bank, Nashville. Le¬ gality approved Chapman by & Cutler, of Chicago. Bond Offering bids Dec. on J. — 15 for D. Wright, will until sues, 11 receive (CST) a.m. the made in was Details of the 2144. Dated water purchase Dec. 1, in and of 1953. Due 1966 callable Dec. able at the First of 8 p.m. Dec. 15 for the purchase $15,000 bonds. until 1—v. original 178, offering on 2143—was p. Bank, un¬ Nashville. by Chapman Chicago. of tributions Wilkes Bond Barre), to provide will for the installment principal basis Bond Offering Chairman of the Pa. Power 178, 1— 1927—were awarded p. series to on as & Sherrerd, of Philadel¬ 4s, at a price of purchase electric power D. sealed (CST) p.m. the for Dec. 7:30 on Jan. bids Dec. 15 $3,000,000 of bonds, revenue Dated 1, 1954. Due Jan. 1 from 1957 to 1984 inclu¬ sive. Principal and interest (J-J) par. due 1984 1 April on Bond er, Offering—Alex. E. Hoov¬ Borough ceive sealed (EST) on of Secretary, bids will until 8 re¬ p.m. Dec. 10 for the purchase $7,000 general obligation bonds. Bond Offering Lansdowne, ceive (EST) sealed on City bids — Florence Clerk, until will N. Newport, J. R. ___ City, 7:30 p.m. Dec. 8 for the purchase or merce Union Bank, gality approved at the Com¬ Nashville. Le¬ Caldwell, by Marshall, Trimble & Mitchell, New York Bond County (P. O. Springfield), Term. Offering-y-Robert A. West, County Judge, bids 15 until for of City. Robertson 10 the will'receive sealed a.m. (CST) purchase payment of principal and interest in any ried over annual will be year used to and contribution succeeding car¬ supplement in the years. each of bonds secured by issue first a contributions payable will of pledge uncondi¬ tions -the by in Contract PHA amount an which, together with other funds of the local authority actually such for available be sufficient of and to interest when otherwise the principal official be issue each on due of unless and, specifically the will purpose, pay in stated of general Notice Sale, will obligations of the authority. The annual con¬ tributions will be paid by the PHA direct to the fiscal agent of the issuer. Section 10(e) of the local United States Housing Act of 1937, that, provides amended, "The on and emnly pledged to the payment of to all annual contributions contracted May 1, 1593 and due May 1 from 1955 to 1984 in¬ amounts such clusive. National States $11,420,000 (Washington, D. C.) 6,475,000 Ga Newport, Act 1937, of be as "shall interest thereon, including 4,295,000 United the of (e) amended, provides that the bonds, 5,235,000 Va._ News, 5 Housing 5,005,000 :i._ provide for to necessary payments." Section Capital Bonds dated July on 1, 1953 and due exempt from all taxation now hereafter or July 1 from 1955 to 1984 in¬ United imposed the States." by the bonds In most instances also tax-exempt in are clusive. $9,345,000 on Oct. 1 Oct. from 1955 to of on Dec. $100,000 1984 local The authority $6,170,000 ______ Bonds dated Dec. 1, 1952 and due to 1983 in¬ 1 from 1954 Dec. national Banks, and created. eligible for County, Montgomery Cty., 111 System. $3,845,000 111. to the extent by state laws, by state member bands of the Federal Re¬ serve clusive. Madison was be purchase in unlimited amount by Va.___ permitted on will bonds in¬ clusive. Norfolk, the 1, 1953 and due VERMONT 895,000 Peoria, 111 3,875,000 County of Saline, 111.. Bennington Graded School Dist. (P. O. Bennington), Vt. 935,000 Maysville, Ky Brockton, Mass York needed for pursuant to this section, and there is hereby authorized to be $1,100,000 appropriated in each fiscal year, 12,860,000 10,185,000 out of any money in the Treasury 1,470,000 not otherwise appropriated, the I Bonds dated 1955 from inclusive. Tazewell M. re¬ 1953 1, Meridian, Miss New Ligonier, Pa. any uniform not faith of the United States is sol¬ April dated Bonds Bonds dated Electric receive will contribution the state under the laws of which Leon Gilbert, — of and that of the fixed and The an payment annual for the in sufficient interest of the on be Na¬ Nashville, Tenn. until Sale—The $15,000 general obligation bonds offered v. O. (P. pay¬ so the Contract is fixed which amount as follows: 1965. Galveston, Texas- Cutler, successful. Township 1 Legality & 178, p. including date and maturity Memphis, Tenn obligation general The 1? American approved bids Dec. on thereafter and of as bonds. sewer v. respective is¬ of the bonds, are as Newark, Recorder, sealed financing Philadelphia, Pa Jamestown, Tenn. Town Previ¬ 1973 to apd a New the. impending to at is rate any bonds bonds Gernt, will oral bids until 3:30 p.m. reference on of purchase $121,225,000 of Housing Authority Bonds. Tenn. ous County (EST) p.m. the total grand Fentress 2 at for 15 Dec. Principal and interest (J-D) ,, Raymond R. — has announcement Official — * delivery of issue the PHA obligation under the Annual Con¬ the tionally Housing Bond Sale Set for Dec. 15 the to or pursuant to the Annual Contribu¬ States United Co., Bank STATES UNITED made Sharon, Pa. Ore. C., interest that arranged annual are at the Citizens or National the Building,' D. schedule specified be been x School District No. 19 Springfield), Offering City, Southern and on basis of about 2.97%. Lane County New York 3s. and ma¬ payable at the Chemical Bank & Trust sealed No. build¬ 25, the payable at the Guaranty Trust Co., County Sch. Dist. (P. O. Welches), Ore. Sale—The (J-J) bonds revenue 162,000 water and S£W$T general obligation bonds "'as 2%s 1964, Prin¬ 1, interest (EST) phia, Clackamus bonds Jan. of as and ceive Butcher Bond from 1 1965 and thereafter tional offered OREGON ing cipal Jan. on inclusive. Bonds of Corp. 3s.' as $1,000,000 bonds. Dated water Ponce, P. R the made. 13 callable Board, 2035—were offering new 1979 are Hanover bonds p. 1954. Due to $150,000 maturing Pa. (P. O. Sold—Bids Not 1, 1955 turing in of revenue Jan. Dec. 16 on Atlanta, Warner), Okla. Bonds Co., and the Texas, both of San Antonio, pur¬ chased $312,000 bonds, as follows: from 1956 to 1983 inclusive. Bonds Dec. Muskogee purchase Bortz, Borough Secretary, will re¬ — The any each Texas Securities ity approved by Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. ' Coopersburg, Postponed Longfellow Atlanta, Ga.; Fort Worth, Texas; Chicago, 111.; San Francisco, Calif., Santurce, P. R. building bonds was sold to H. L. Shaffer & Co., of Amarillo, $190,000 from Okla. Reno, authorities Counsel of and 3V2% Due on Dec. 1 from 1954 to 1963 inclusive. Legal¬ Dated Dec. 1, 1953. Bond Offering El the (EST) noon water works a.m. inclusive. 1969 to improve¬ and Due Com¬ County missioners, will receive sealed bids receive will Clerk, City of the Clerk Chief Ardmore, Okla. for M. Hess, Bond Offering—Arthur OKLAHOMA until fur¬ request in the Cities of New York, N. Y.; & Jan. 15, 1954. Elizabeth L. — bids (EST) on Dec. Hol- Daum, Bond Offering—Henry F. sealed bids until 8 p.m. Cleveland. Neville — be Washington gality approved by Sinkler, Gibbs, Sch. Dist. (P. O. Abington), Pa. Township Abington Offering combe, Mayor, will receive sealed South Co., Cleveland. Worthington Bond Raymond E. — Cleveland Trust Secretary of the Board Legality approved School Directors, will by Squire, Sanders & Dempsey, of the at payable will amount Bond and rates upon the local General of- Notices Field Office Directors of the PHA Columbian Spartanburg, S. C. of Willoughby-East Lake City School District (P. O. Willoughby), Ohio to the to forms bidders to addressed or official pre¬ by Dumas, Huguenin & Boothman, Bond Sale—Russ & CAROLINA SOUTH the an¬ basis in about 2.92%. of O. Abington Township (P. Abington), Pa. Prin¬ 1974 inclusive. 1955 to from Due on 1953. Dated Dec. 1, basis a PENNSYLVANIA bonds. Dec. 1 works assessment 1964 inclusive. to the of Dallas. Refugio, purchase of $50,- for the 11 Dec. 000 water 1955 Schedules of on various interest nished issue sched¬ a maturities for such' bonds. maturities inclusive. Legality A-O. Interest also prescribe at to mul¬ a borne by each Sale Co., of Dallas, Dated Oct. 1, 1953. Due on Oct. 1 from 1957 to 1965 of scribed & Moore of be to be bonds sub¬ provided single rate a shall Vs of 1% must issue Sale—An which ule of annual TEXAS Haskell, Texas provide be be to prescribe the of and Sale form a must all receive sealed bids from on tiple of of proposal shall of interest City nessey, will bonds. notices each mitted Recorder-Treasurer, to a group composed of G. H. bock, jointly, at par. Dated Oct. 1, until -7:30 Walker & Co., Providence, Dwin- 1953. Due on Oct. 1 from 1954 to 1978 inclusive. Interest A-O. Le¬ p.m. (PST) on Dec. 7 for the pur¬ nell, Harkness & Hill, of Boston, Springboro, Ohio chase of $50,000 fire station bonds. and Fraser, Phelps & Co., Provi¬ gality approved by Dumas, Hu¬ Bond Offerin g—Georgiana Dated Jan. 2, 1954. Due on Jan. 2 dence, as 3s, at a price of 100.70, guenin & Boothman, of Dallas. building $1,500,000 of purchase , Monday, December 7, 1953 Legality approved by Chapman & Bond Sale—An issue $350,000 school bonds p. bonds. school Bond The $1,000,000 — Equitable Securities Corp., Nash¬ Bond Sale—The $10,50.) judg¬ ville, Aubrey G. Lanston & Co., Dick & Merle-Smith, Laurence M. send, Dabney & Tyson, and Lyons ment bonds offered Nov. 23—v. Marks & Co., W. H. Morton & Co., & Shafto, both of Boston, as 2.90s, 178, p. 2035 — were awarded to Hirsch & Co., Gregory & Son, and at a price of 100.21, a basis of J. A. White & Co., of Cincinnati, Bartow, Leeds & Co., all of New about 2.87%. as-2Vis, at 100.03, a basis of about York City, as 2V4s, at a price of Ohio Sharonville, v ... (2250) County, 111— Bond Framingham, Mass.__ Kansas City, Mo 720,000 765,000 735,000 1,020,000 7,220,000 Omaha, Neb.__ 2.250,000 of Passaic, N. J Troy, N. Y Watertown, N. Y 4,085,000 Dec. » 5^310,000 1,710,000 Pittsburgh, Pa 8.210,000' Orange County, Texas Alexandria, Va Virgin Island^—, 725,000 1,780,000 2,875,000 Grays Harbor County, Washington 710.000 Offering—Allen J. Heath, Superintendent receive (EST) 1, to school 1973 8 will p.m. bonds. Dated inclusive. of Bank approved Thorndike, Principal (J-D) payable at the National Legality Boston. until 1953. Due on Dec. 1 from interest First Schools, Dec. 9 for the purchase $475,000 1954 -Shd on of bids sealed Palmer by & Boston. Storey, Dodge, of / Volume 178 Number 5279 The Commercial and Financial Chronicle ... (2251) Stowe Bond School improvement 3—v. to 178. the of District, sive. Vt. Sale—The $150,000 school bonds offered Dec. 2144—were awarded p. Montpelier National Montpelier, 2s, at as basis of about Bank 100.56, a Principal and interest (J-J) payable at the First & Merchants National Bank, Richmond. Legal¬ ity approved by Reed, Hoyt, Tay¬ lor & Washburn, of New York ing bonds. Due on Interest approved by Nov. 30—v. awarded a offered obligation 1953. of to composed group Clerk, will Miller, receive sealed bids until 4 p.m. (PST) on Dec. 22 $1,780,000 for the purchase of $72,000 general 2036—were p. Bond bonds. Due 1961 Scott, Horner & Mason, of Lynch¬ June Dated Dec. on inclusive. 1, 1955. 1 Dec. from Callable Principal 1, 1955 as and that Dec. ' Clark County, Sale—The extension system bonds 2144 and offered tional Valley Bank 2%s, as at Bond addition to 178, the p. Na¬ sealed basis of bids $39,500 from Church, Va. nett, Secretary of the State Com¬ the sealed Room 222. Square, (EST) of Debt, bids ing $400,000 street Dated 15, No. (J-J) payable by & Prin¬ able the at Falls Church Bank, Falls Church, or at the Chase Na¬ tional Bank, New York City. Le¬ gality approved by Wood, King & Dawson, of New York City. office. Horowitz, and 412 Bond (P. O. Seattle), Sale—The Wash. $300,000 build¬ 1927—were awarded to a group Note receive until 2 p.m. (CST) sealed bonds 1973 districts. The and vari¬ deben¬ uncondi¬ are guaranteed by direct own purchase of Dated 1954. Jan. $4,904,000 1954. 5, Due the at City the at or the Pro¬ Manitoba 15, Trimble 4%% sold Corp., and An — group awarded were Co., and both of National Badgley, & Morford, Seattle, at Bank all debentures of was 1962 to 1968 Pasco, Bond 1953. the Due on Principal and interest (J-D) City Bond Sch. from Dist. Sale—The No. 1, Wis. $59,000 approved Judson build¬ & 1927 awarded were — to 1973 inclu¬ Other the to on for 16 Dec. the public $5,140,000 bonds. Dated Jan. (EST) purchase of improvement 1, 1954. Due on sewer 1 Dec. 1 from able of at Finance, by Daly, members & of Co., Thistle, the Ltd., Ltd., all of or the at Bankers Palmyra, Wis. Offering and J. L. peg, Ferdinand — sealed p.m. chase tion Due and auction (CST) & Washburn, of New Tripp 1 & to & Co., Spokane, & of about Co., of $30,000 bonds. on until 8 from 1 Dec. from 1, Graham Leaside, Debenture 1953. 1954' to headed 1973 J-D. Lines, Gate City), 264,000 Bond Sale—The 1928 — Channer on Local 3s. 31,000 4V2S. Due Room 222, Finance Richmond, Square, (EST) chase on of Dec. 16 $1,722,500 will his at awarded were & A — Securities of until for school maturing Sept. DIVIDEND Chicago, Co., 1, an is¬ debentures, 1954-1973. The to finance High School, are an addition offered to yield 4.40% for the to the IBM trade tnade 6 to 20 maturities. These Leaside in its own probably name, and $40,000,000 Treasury bills Fran¬ Nov. 26, Due Jan. 1 from 1956 to 1977 inclu¬ was the 11 Due highest Ontario Debenture lowest of and Quarterly Dividend The Board of Directors of this Corporation has this day declared a dividend of $1.00 per Peter¬ is at £.707%. ada N. issue of City, at sold on Dec. $35,000,000, due was $40,000,000 3, as fol¬ March 5, — An issue the at of close business on November 1953. Transfer books will not be closed. Checks prepared on IBM Electric Punched Card Accounting Machines will be mailed. A. L. WILLIAMS, Vice Pres. & Treasurer October 27, 1953 17, 1h1v1 of being publicly offered in Can¬ by large syndicate a ed by Wood, Toronto, at a machines mark trade 59() Madison corporation Ave ? New York 1 on of in¬ Gundy price & of Co., of 99.75, to The Board of Directors of this Corporation has this day declared a stock dividend at the rate of two and one-half shares for each 100 shares held, to be issued January 28, 1954, or as soon as practicable, to stockholders of at the close of business on January 4, 1954. Transfer books will not be closed. A. L. WILLIAMS, Vice Pres. & Treasurer thereafter record October 27, 1953 NOTICE from bonds 1956 to as of mature 1984 Jan. interest 1, 1964. payable 1 The Board of Directors, at a the Weter, 75 City Legality dar year ap¬ Roberts meeting held November declared a regular quarterly dividend of cents per share for the fourth quarter of the calen¬ share & on 1953 and stock of a special dividencj of 50 cents per this Corporation, both payable December 15, 1953, to stockholders of record at the 30. 1953. Cieve Mills School received until 7:30 by the District Clerk p.m.T(CST) for the purchase of on Dec. 7 $160,000 build¬ Oil Corporation in of 1953, extra stock record dividend to stock¬ December payable January 2, 1954. Corporation has paid offering. MAX r Executive Offices: 555 South Flower Street/Los Angeles of quarterly 101 per share in an 5% public v*. of and usual quarterly dividends without interruption since its first RICHFIELD lf(jjWfs; Bond Offering—Sealed bids will be dividend cash Directors Corporation has de¬ the clared of of Board Ludman Ludman (City and Town) Joint District No. The 15, B. Bonner, Secretary MIAMI, FLORIDA holders WISCONSIN Lake NORTH 17, 1953, Principal at CORPORATION dividend notice Jan. inclusive. Call¬ office. by on LUDMAN RICHFIELD Jan. 1 from 22 gen. purposes debs, vestment dealers and banks head¬ DIVIDEND Jan. 1 from Jan. share, payable December 10, 1953, to stockholders of f v»m international business (Province of) Sale $50,000,000 4% apd $5,000,000, due Aug. 27, 1954, follows: on 22 bids. sold due Feb. 26, 1954, at 1.886% yield, Another on the follows: $35,000,000 as net interest cost as there keen, very difference of only 70c be¬ a tween Ave., New York group Chas. York was Madison The 155th Consecutive are being Treasury Bills Sold—An issue of San & machines corporation deben¬ by the Town bidding offered a international business mark manlr 590 close of business November pur¬ ing bonds. Dated Jan. 1, 1954. Due on NOTICES Canada are the to (Dominion of) re¬ build¬ from syndicate tures, it is reported, Canada Shefelman, of Seattle. ripon the 1 Dec. on inclusive. Co., of of $256,000 4l/z% debentures, which basis of about a 1977 to 1984 inclusive. office, Bldg., Capitol 1973 by J. L. Graham & Com¬ Equitable $100,000 build¬ Securities 23/4S, at 100.26, bills a 390,000 3.20s. Due Va. Debt, bids sealed from Canadian Bank of Commerce and & 2.71%. nett, Secretary of the State Com¬ ceive 1 Ont. Sale 1970 to 1976 inclusive. proved mission Dec. on 1963 inclusive. 1956 to 1969 inclusive. Treasurer's Bond Offering—J. Gordon Ben¬ Due Limited, and including The pany Legality Spooner ing bonds offered Nov. 25—v. 178, water Marshall, and New 3.17%, York O. of ONTARIO construc¬ sewer Dated Dec. bids Palmyra Joint Sch. Dist., Wis. lows: $148,000 23/4s. and (P. price Toronto. CANADA bonds Foster price of 98.19, a from County a Oldfield, Limited, has just purchased Wash. awarded of Inc., son, able Scott 4s. 1954 to group: at follows: as 1964 to the last to be issued Dec. on revenue were The lor Montreal, net interest cost of about a 4.57%, was Interprovincial, Dec. 9 for the pur¬ on ity approved by Reed, Hoyt, Tay¬ City. Credit $63,000 bonds Dawson, Toronto, inclusive. cisco, Richards, Merrill New York City. Legal¬ Trust Co., Co., price Kirby & Gardner, Ltd., of Winni¬ on office of the Director the & a Hannaford, Ltd., Gairdner & Co., Channer Securities Co., Chicago. as Seattle, McLean & Co., Tacoma, Jan. 1 from 1955 to 1974 inclusive. Principal and interest (J-J) pay¬ improvement $32,000 Harvey, of Toronto. ing bonds offered Dec. 1—v. 178, Anderson p. 1954 payable in Canadian funds. Legal¬ ity Newbold public of 1, by 1 in¬ fol¬ as Sale—The $800,000 Schwabacher noon Gouinlock Sale—An issue of 98.09, Dec. headed sive. of New York Bond Ltd., Dated of of ceive sealed bids until 2036— p. Mills, Spence & basis of about 5.32%. a to a Dec. of par, a net 2.68%, on 162,000 23As. Due composed re¬ 178, Arthabaska, Que. issue ap¬ p. Dec. ler, Director of Finance, will to Bell, 94.57, to. Frederick, Inc., price of a Mit¬ Bond Offering—J. Maurice Mil¬ 1952. Toronto, jointly, at sold to sue Rogers 9, Va. its debentures purpose offered Nov. 25—v. Equitable Securities Corp., Toron¬ Trust Quarles, of Milwaukee. chell, of New York City. Richmond, in for QUEBEC proved by Wood, King & Dawson, Fenner & Beane, First Washington notes. & or Debenture Sale—The $196,056.05 (Province of) Sale $3,000,000 (J-D) Co., New York City. Legality by and Marshall, on financing Province since June, 4V2% various MANITOBA Treasurer's Interest Legality approved by Cald¬ well, date Windsor, Ont. of vince. ma¬ call¬ are on Dec. Guaranty approved bids July the deben¬ 1954, This marks the public by purposes record the interest any Canada $4,266,of serially from 1954 to inclusive tionally Dec. 16 for on school purchased debentures tures mature on Due dated are inclusive. Offering—L. M. Cox, Sec¬ will Due bonds. of of 1955 to 1961 inclusive. retary, bonds. Commerce, Merrill Lynch, Pierce, $138,000 21/2s. Due Housing Authority, Va. $6,- 414% ous on follows: as 1953. Principal and interest Bond terest cost of about Redevelopment addition of lows: Norfolk of Preston, ing bonds offered Nov. 24—v. 178, Due pay¬ (EST) a.m. Montreal, 400 of noon interest and of Debenture Jan. 1 on 1974 inclusive. approved composed Principal on head¬ group 1, Jan. 1, 1968, and on by the Royal Securities Corp., Dec. 15 from 1954 to 1973 incl. bonds. Jan. 15 from 1955 to 1984 inclu¬ sive. received purchase District De¬ The Jan. Tulpo, Village Clerk, will receive p. on purchase King County, Shoreline Sch. Dist. 1954. the construction Seattle. improvement Jan. the obligation Capitol until ed 3,000,000 street improvement and re¬ Dec. 15 for the purchase on (PST) a.m. office, Bldg., Richmond, bonds. his at Finance will receive County Treasurer's Legality be School 4.02%. dated Dec. 15 from 1954 to 1973 incl. office, Burgett, 10 interest and for payable will 1, 1954. Due Thorgrimson Local ceive for 1956 to cipal at on 17 general Bond Offering—J. Gordon Ben¬ mission School Eva — until Dated Jan. about 2.73%. Falls Shore Treasurer, Dec. Staunton, a Offering County on of 100.16, Lake water 2—v. awarded were — Dec. will (Province of) bentures Offered—A announces 500,000 bonds, divided in¬ No. 51 (P. O. Vancouver), Wash. $75,000 about are after Jan. 1, 1965. COLUMBIA Columbia Guaranteed $3,500,000 Library-Museum Build¬ of District Berryville, Va. Bond yield able * * ' . 15 The basis of about 3.47%. bids sealed lic Debt until 10:30 Schmidt, Poole, Roberts & terest (J-D) payable at the City Parke, Philadelphia, and the Peo¬ Treasurer's office. Legality ap¬ ples National Bank, Charlottes¬ proved by Preston, Thorgrimson ville, as S^s, at a price of 100.28, & Horowitz, of Seattle. I to ture BRITISH by the Commissioners of the Pub¬ burg, a 1954, & Offering—Virgil H. Hur- less, City Comptroller, Wash. Bond Offering—Helen R. City bonds 3, first Bellevue, The 178, to Sept. 2.69%. Legality Spooner yield tures due British Arlington), Va. building Lines, 1973 Milwaukee, Wis. Arlington County (P. O. school J-D. 1954, to yield 1.886%, and $5,000,- 000, 1953. City. VIRGINIA — 10, 1954 to Quarles, of Milwaukee. 1.92%. Sale Dec. 10 from inclusive. WASHINGTON Bond Dated Dec. 59 17, California HOFFMAN President CO The Commercial and Financial Chronicle... Monday, (2252) You Investment Program For the than the new small, there's no better buy H. Backed by the strength Government, and yielding a full private investor, large or United States Savings Bonds, Series and credit of the United States 3% when held to maturity (9 years, 8 months), offers individual savers a combination of safety FOR ADDED owner. individuals. of $500, at par and new Series H Bond generous return. CONVENIENCE, interest is paid semi-annually by U. S. Treasury check bond the Series H Bonds are They are mailed direct to the available only to issued in denominations $1,000, $5,000 and $10,000 after 6 months from issue and date are on one always redeemable YIELDS 3% month's written notice. For invest in safety, liberal yield U.S. SAVINGS THROUGH YOUR The U. S. Government does not pay partment thanks, for their THE and Regular Guaranteed Income— BONDS Series H BANK TODAY! for this advertising. The Treasury patriotic donation, the Advertising COMMERCIAL AND De¬ Council and FINANCIAL CHRONICLE December 7, 1953